Special Assessment Pursuant to March 12, 2023, Systemic Risk Determination.

CFR · 2024-01-01 · US · Title 12

(a) (b) (c) (d) (e) (f) (1) November 2, 2023, adjusted for mergers prior to March 12, 2023; or (2) The date of the institution's most recent amendment to its Call Report or FFIEC 002 for the quarter ended December 31, 2022, if such amendment arises from, or is confirmed through, the FDIC's Assessment Reporting Review. Institutions with less than $1 billion in total assets as of June 30, 2021, were not required to report such items; therefore, for purposes of calculating the special assessment or a shortfall special assessment under this section, the amount of uninsured deposits for such institutions as of December 31, 2022, is zero. (g) (h) (i) (2) (3) (A) The institution's uninsured deposits; minus (B) $5 billion; provided, however, that an institution's assessment base cannot be negative. (ii) The special assessment base for an insured depository institution during the initial special assessment period that has one or more affiliated insured depository institutions shall equal: (A) The institution's uninsured deposits; minus (B) The institution's portion of the $5 billion deduction; provided, however, that an institution's special assessment base cannot be negative. (j) (2) (3) (4) (A) The institution's uninsured deposits; minus (B) $5 billion; provided, however, that an institution's special assessment base cannot be negative. (ii) The special assessment base for an insured depository institution during the extended special assessment period that has one or more affiliated

official document · source cfr-2024 · id 12:§ 327.13