Definitions.

CFR · 2024-01-01 · US · Title 12

Unless otherwise specified, for purposes of this subpart: (a) An (1) Any entity of which the organization is a direct or indirect subsidiary; or (2) Any direct or indirect subsidiary of the organization or such entity. (b) (1) For organizations subject to the capital rule: (i) Tier 1 and tier 2 capital included in an organization's risk-based capital (under the capital rule); and (ii) The balance of allowance for loan and lease losses or adjusted allowance for credit losses, as applicable, not included in an organization's tier 2 capital for calculation of risk-based capital, based on the organization's most recent consolidated Report of Condition and Income. (iii) For qualifying community banking organizations (as defined in § 217.12 of this chapter) that are subject to the community bank leverage ratio framework (as defined in § 217.12 of this chapter), tier 1 capital (as defined in § 217.2 of this chapter and calculated in accordance with § 217.12(b) of this chapter) plus allowances for loan and lease losses or adjusted allowance for credit losses, as applicable. (2) For all other organizations, paid-in and unimpaired capital and surplus, and includes undivided profits but does not include the proceeds of capital notes or debentures. (c) (d) (e) (1) For which an allocated transfer risk reserve is required pursuant to § 211.43 of this part and that has restructured its sovereign debt held by foreign creditors; and (2) Any other country that the Board deems to be eligible. (

official document · source cfr-2024 · id 12:§ 211.2