12 CFR 325.102 - Notice of capital category.
(a) Effective date of determination of capital category. A bank shall be deemed to be within a given capital category for purposes of section 38 of the FDI Act and this subpart as of the date the bank is notified of, or is deemed to have notice of, its capital category, pursuant to paragraph (b) of this section.
(b) Notice of capital category. A bank shall be deemed to have been notified of its capital levels and its capital category as of the most recent date:
(1) A Consolidated Report of Condition and Income (Call Report) is required to be filed with the FDIC;
(3) Written notice is provided by the FDIC to the bank of its capital category for purposes ofsection 38 of the FDI Act and this subpart or that the bank's capital category has changed as provided in § 325.103(d).
(1) Notice of adjustment by bank. A bank shall provide the appropriate FDIC regional director with written notice that an adjustment to the bank's capital category may have occurred no later than 15 calendar days following the date that any material event has occurred that would cause the bank to be placed in a lower capital category from the category assigned to the bank for purposes of section 38 and this subpart on the basis of the bank's most recent Call Report or report of examination.
Title 12 published on 2015-01-01.
No entries appear in the Federal Register after this date, for 12 CFR Part 325.