Tenn. Comp. R. & Regs. 0180-16-.02 - CAPITAL TO ASSETS RATIO

Current through March 20, 2022

A Bank may not establish a special reserve fund for the purpose of providing the requisite statutory fidelity bond unless the bank's adjusted total capital to adjusted total assets ratio meets or exceeds its peer group average, after transferring the reserve from the capital account, as shown by the most recent Uniform Bank Performance Report (UBPR) published from time to time by the Federal Financial Institutions Examination Council (FFIEC).

Notes

Tenn. Comp. R. & Regs. 0180-16-.02
Original Rule filed August 13, 1986; effective November 29, 1986.

Authority: T.C.A. ยงยง 45-1-107 and 45-2-403; Public Chapter 865, Acts of 1986.

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