Examples of Capital stock and surplus in a sentence
Capital stock and surplus of a member bank means the paid-in capital stock 4 and paid-in surplus of the bank, less any deficit in the aggregate of its re- tained earnings, gains (losses) on avail- able for sale securities, and foreign cur- rency translation accounts, all as shown on the bank’s most recent report of condition.
Capital stock and surplus of a member bank means the paid-in capital stock 2 and paid-in surplus of the bank, less any deficit in the aggregate of its retained earnings, gains (losses) on available for sale securities, and foreign currency translation accounts, all as shown on the bank’s most recent report of condi- tion.
Under section 23A, the quantitative limits on covered transactions are based on the “capital stock and surplus” of the bank.108/ The proposed regulation includes a definition of capital stock and surplus that the Board previously adopted as an interpretation of section 23A.109/ Capital stock and surplus is defined as the sum of the bank’s tier 1 capital and tier 2 capital and the balance of the bank’s allowance for loan and lease losses not included in its tier 2 capital.
Under section 23A, the quantitative limits on covered transactions are based on the ‘‘capital stock and surplus’’ of the bank.108 The proposed regulation includes a definition of capital stock and surplus that the Board previously adopted as an interpretation of section 23A.109 Capital stock and surplus is defined as the sum of the bank’s tier 1 capital and tier 2 capital and the balance of the bank’s allowance for loan and lease losses not included in its tier 2 capital.