|
Link below to get the latest Reports from PCBB!
(You must have Adobe Acrobat to open the following. Click here to view definition resource site. )
Regulation F Report
Regulation F Report 09/16/2008
Pursuant to (Regulation F, 12 CFR Part 206) issued by the Board of Governors of the Federal Reserve System (Board) under authority of section 23 of the Federal Reserve Act (12 U.S.C. 371b-2). The purpose of this regulation is to limit the risks that the failure of a depository institution would pose to insured depository institutions.
General:
A bank shall establish and maintain written policies and procedures to prevent excessive exposure to any individual correspondent in relation to the condition of the correspondent.
Standards for selecting correspondents:
- (1) A bank shall establish policies and procedures that take into account credit and liquidity risks, including operational risks, in selecting correspondents and terminating those relationships.
- (2) Where exposure to a correspondent is significant, the policies and procedures shall require periodic reviews of the financial condition of the correspondent and shall take into account any deterioration in the correspondent's financial condition. Factors bearing on the financial condition of the correspondent include the capital level of the correspondent, level of nonaccrual and past due loans and leases, level of earnings, and other factors affecting the financial condition of the correspondent. Where public information on the financial condition of the correspondent is available, a bank may base its review of the financial condition of a correspondent on such information, and is not required to obtain non-public information for its review. However, for those foreign banks for which there is no public source of financial information, a bank will be required to obtain information for its review.
- (3) A bank may rely on another party, such as a bank rating agency or the bank's holding company, to assess the financial condition of or select a correspondent, provided that the bank's board of directors has reviewed and approved the general assessment or selection criteria used by that party.
|
Bank Capital Ratios
A key financial ratio measuring a bank's Capital Adequacy or financial stability. As a general rule, the higher the ratio the more sound the bank. A bank with a high capital-to-asset ratio is protected against operating losses more than a bank with a lower ratio, although this depends on the relative risk of loss at each bank. There are several standard measures of capital adequacy:
- Risk-adjusted capital ratio: Tier 1 Capital (common stock and qualifying preferred stock) divided by risk-adjusted assets.
- Total Capital to total assets ratio: tier 1 capital plus Tier 2 Capital (preferred stock, subordinated debt, and loan loss reserves) divided by total average assets.
- Leverage ratio: tier 1 capital divided by total average assets, excluding goodwill.
- Total Risk-Adjusted Capital ratio: total Risk-Based Capital for certain loans and investments divided by risk-adjusted assets.
|
Annual Report
An annual report is a corporation's annual statement of financial operations. Annual reports include a balance sheet, income statement, auditor's report, and a description of the company's operations.
|
Bank Call Report
A Call Report is a quarterly report of income and condition required by a financial institution's primary supervisory agency: the Comptroller of the Currency for National Banks; Federal Reserve Banks for state member banks; the Federal Deposit Insurance Corp. For insured nonmember banks; or state banking agencies for state chartered banks and trust companies. Call reports are published by the FDIC on the FDIC's Web site (www.fdic.gov) approximately one month after the quarterly filing date.
|
Consolidated Capital Ratios
A Call Report is a quarterly report of income and condition required by a financial institution's primary supervisory agency: the Comptroller of the Currency for National Banks; Federal Reserve Banks for state member banks. Call reports are published by the FDIC on the FDIC's Web site (www.fdic.gov) approximately one month after the quarterly filing date.
|
Click below to learn more About PCBB!
"PCBB offers a “one stop” shop that consolidates vital daily activities into a clear, easily administered function." ~ Thomas McArdle, Vice President/Cashier, National Bank of California, Los Angeles, CA |
|
