Examples of Qualifying community in a sentence
Paragraph (c)(5)(i)(A) of this section shall not apply if, immediately fol- lowing consummation of the proposed transaction, the consolidated risk- weighted assets of the acquiring bank holding company are less than $300 mil- lion;(iii) Qualifying community banking or- ganizations.
Section 225.174 is amended by adding paragraph (d) to read as follows:§ 225.174 What aggregate thresholds apply to merchant banking investments?* * * * *(d) Qualifying community banking organizations.
Paragraph (c)(6)(i)(A) of this section shall not apply if, immediately fol- lowing consummation of the proposed transaction, the consolidated risk- weighted assets of the acquiring bank holding company are less than $300 mil- lion;(iii) Qualifying community banking or- ganizations.
Exceptas provided in paragraph (c)(5)(iii) of this section, the total risk-weighted assets to be acquired do not exceed $7.5 billion;* * * * *(iii) Qualifying community banking organizations.
The total assets to be acquired do not exceed $7.5 billion;* * * * *(f) Qualifying community banking organizations.
Qualifying community schools also will receive their share of state property tax reimbursements for the homestead exemption and the 10% and 2½% rollbacks.45 Existing law does not permit tax revenue sharing between school districts and nondistrict schools.
Section 225.175 is amended by adding paragraph (c)(3) to read as follows:§ 225.175 What risk management, record keeping and reporting policies are required to make merchant banking investments?* * * * *(c) * * *(3) Qualifying community banking organizations.
Qualifying community banking organizations that comply with and elect to use the community bank leverage ratio (CBLR) framework and that maintain a CBLR greater than 9 percent would be considered to have met the capital requirements for the “well-capitalized” capital category under theagencies’ prompt corrective action (PCA) frameworks and would no longer be subject to the generally applicable capital rule.
Qualifying community banking organizations that elect to be under the community bank leverage ratio generally would be exempt from the Board’s current capital framework, including risk-based capital requirements and capital conservation buffer requirements.36 The CBLR would be calibrated such that qualifying community banking organizations would not be required to raise significant additional capital and would not face materially less stringent capital requirements.
Qualifying community banking organizations would consist of insured depository institutions, bank holding companies, and savings and loan holding companies with total consolidated assets of less than $10 billion that also satisfy certain qualifying criteria.