Average total consolidated assets

Average total consolidated assets means the average of total consolidated assets for the four most recent calendar quarters or, if the banking organization has not reported total consolidated assets for each of the four most recent calendar quarters, the total consolidated assets for the most recent calendar quarter or average of the most recent calendar quarters, as applicable.

Source

12 CFR § 252.2


Scoping language

Unless otherwise specified, the following definitions apply for purposes of this part:

Is this correct? or