§ 238.10. Categorization of banking organizations.
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/us/cfr/t12/s§ 238.10·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)General. A banking organization with average total consolidated assets of $100 billion or more must determine its category among the three categories described in paragraphs
(b)through
(d)of this section at least quarterly.
(b)Category II.
(1)A banking organization is a Category II banking organization if the banking organization has:
(i)$700 billion or more in average total consolidated assets; or (ii)(A) $75 billion or more in average cross-jurisdictional activity; and
(B)$100 billion or more in average total consolidated assets.
(2)After meeting the criteria in paragraph (b)(1) of this section, a banking organization continues to be a Category II banking organization until the banking organization has: (i)(A) Less than $700 billion in total consolidated assets for each of the four most recent calendar quarters; and
(B)Less than $75 billion in cross-jurisdictional activity for each of the four most recent calendar quarters; or
(ii)Less than $100 billion in total consolidated assets for each of the four most recent calendar quarters.
(c)Category III.
(1)A banking organization is a Category III banking organization if the banking organization:
(i)Has:
(A)$250 billion or more in average total consolidated assets; or
(B)$100 billion or more in average total consolidated assets and at least:
(1)$75 billion in average total nonbank assets;
(2)$75 billion in average weighted short-term wholesale funding; or
(3)$75 billion in average off-balance sheet exposure; and
(ii)Is not a Category II banking organization.
(2)After meeting the criteria in paragraph (c)(1) of this section, a banking organization continues to be a Category III banking organization until the banking organization:
(i)Has:
(A)Less than $250 billion in total consolidated assets for each of the four most recent calendar quarters;
(B)Less than $75 billion in total nonbank assets for each of the four most recent calendar quarters;
(C)Less than $75 billion in weighted short-term wholesale funding for each of the four most recent calendar quarters; and
(D)Less than $75 billion in off-balance sheet exposure for each of the four most recent calendar quarters; or
(ii)Has less than $100 billion in total consolidated assets for each of the four most recent calendar quarters; or
(iii)Meets the criteria in paragraph (b)(1) of this section to be a Category II banking organization.
(d)Category IV.
(1)A banking organization with average total consolidated assets of $100 billion or more is a Category IV banking organization if the banking organization:
(i)Is not a Category II banking organization; and
(ii)Is not a Category III banking organization.
(2)After meeting the criteria in paragraph (d)(1) of this section, a banking organization continues to be a Category IV banking organization until the banking organization:
(i)Has less than $100 billion in total consolidated assets for each of the four most recent calendar quarters;
(ii)Meets the criteria in paragraph (b)(1) of this section to be a Category II banking organization; or
(iii)Meets the criteria in paragraph (c)(1) of this section to be a Category III banking organization. [84 FR 59077, Nov. 1, 2019]
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§ 238.10
Categorization of banking organizations.
Fed. Reg.×95
C.F.R.×31
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