Risk-based capital ratio.

CFR · 2024-01-01 · US · Title 12

A complex credit union must calculate its risk-based capital measure in accordance with this section. A complex credit union may calculate its risk-based capital measure either by using the risk-based capital ratio under paragraphs (a) through (c) of this section, or, for a qualifying complex credit union opting into the CCULR framework, by using the CCULR framework under paragraph (d) of this section. (a) (b) (1) (i) Undivided earnings; (ii) Appropriation for non-conforming investments; (iii) Other reserves; (iv) Equity acquired in merger; (v) Net income (vi) ALLL, maintained in accordance with GAAP; (vii) The outstanding principal amount of Subordinated Debt treated as Regulatory Capital in accordance with § 702.407 and the outstanding principal amount of Grandfathered Secondary Capital treated as Regulatory Capital in accordance with § 702.414; and (viii) Section 208 assistance included in net worth (as defined in § 702.2). (2) (i) NCUSIF Capitalization Deposit; (ii) Goodwill; (iii) Other intangible assets; (iv) Identified losses not reflected in the risk-based capital ratio numerator; and (v) Mortgage servicing assets that exceed 25 percent of the sum of the capital elements in paragraph (b)(1) of this section, less deductions required under paragraphs (b)(2)(i) thorough (iv) of this section. (c) (2) (i) (A) The balance of: ( ( (B) The exposure amount of: ( ( ( (C) Insured balances due from FDIC-insured depositories or federally insured credit unions. (D) Covered loans is

official document · source cfr-2024 · id 12:§ 702.104