Definitions.

CFR · 2024-01-01 · US · Title 12

For purposes of this part, the following definitions apply: (a) (b) (1) For qualifying community banking organizations that have elected to use the community bank leverage ratio framework, as set forth under the OCC's Capital Adequacy Standards at part 3 of this chapter: (i) A qualifying community banking organization's tier 1 capital, as used under § 3.12 of this chapter; plus (ii) A qualifying community banking organization's allowance for loan and lease losses or adjusted allowances for credit losses, as applicable, as reported in the Consolidated Reports of Condition and Income (Call Report); or (2) For all other national banks: (i) A bank's tier 1 and tier 2 capital calculated under the OCC's risk-based capital standards set forth in part 3 of this chapter, as applicable, as reported in the Call Report; plus (ii) The balance of a bank's allowance for loan and lease losses or adjusted allowances for credit losses, as applicable, not included in the bank's tier 2 capital, for purposes of the calculation of risk-based capital described in paragraph (b)(2)(i) of this section, as reported in the Call Report. (c) (1) National bank community development corporation subsidiaries; (2) Private or nonbank community development corporations; (3) CDFI Fund-certified Community Development Financial Institutions or Community Development Entities; (4) Limited liability companies or limited partnerships; (5) Community development loan funds or lending consortia; (6) Community development

official document · source cfr-2024 · id 12:§ 24.2