Pennsylvania Code (Last Updated: April 5, 2016) |
Title 10. BANKING AND SECURITIES |
PART I. General Provisions |
Chapter 10. Minimum Capital Requirements |
Section 10.1. Definitions
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The following words and terms, when used in this chapter, have the following meanings, unless the context clearly indicates otherwise:
AssociationAs defined in section 102(3) of the Savings Association Code of 1967 (7 P. S. § 6020-2(3)).
Classified assetsAssets, or portions thereof, which have a well-defined weakness or weaknesses attributable to the unfavorable condition of the obligor, insufficiency of security or other factors noted in the report of examination prepared by the Department.
InstitutionAn incorporated institution as defined in section 102(q) of the Banking Code of 1965 (7 P. S. § 102(q)).
Leverage capitalThe ratio of Tier 1 capital to total assets.
Qualifying capitalAs defined in 12 CFR Part 325, Appendix A (relating to statement of policy on risk based capital).
Risk-weighted assetsAs defined in 12 CFR Part 325, Appendix A.
Tier 1 capitalAs defined in 12 CFR 325.2(t) (relating to definitions).
Total assetsAs defined in 12 CFR 325.2(v). Assets do not include assets held in a fiduciary capacity.