United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2006_register executive 2010-09-22 article Rules and Regulations D09002ee1c80ffcca D09002ee1c80ffdc1 United States Federal Reserve System originator org United States Government Agency or Subagency The Board of Governors of the Federal Reserve System (Board) is amending the asset size threshold and other criteria for determining whether a bank holding company (BHC) qualifies for the Board's Small Bank Holding Company Policy Statement (Regulation Y, Appendix C) (Policy Statement) and an exemption from the Board's consolidated risk- based and leverage capital adequacy guidelines for BHCs (Regulation Y, Appendices A and D) (Capital Guidelines). The Board is adopting this final rule to address the effects of inflation, industry consolidation, and normal asset growth of BHCs since the Board introduced the Policy Statement in 1980. The final rule increases the asset size threshold from $150 million to $500 million in consolidated assets for determining whether a BHC may qualify for the Policy Statement and an exemption from the Capital Guidelines; modifies the qualitative criteria used in determining whether a BHC that is under the asset size threshold nevertheless would not qualify for the Policy Statement or the exemption from the Capital Guidelines; and clarifies the treatment under the Policy Statement of subordinated debt associated with trust preferred securities. 71 FR 9897 https://www.govinfo.gov/app/details/FR-2006-02-28/06-1837 06-1837 fr28fe06-2 6210-02-P Regulation Y Docket No. 1235 https://www.govinfo.gov/app/details/FR-2006-02-28/06-1837 https://www.govinfo.gov/content/pkg/FR-2006-02-28/html/06-1837.htm https://www.govinfo.gov/content/pkg/FR-2006-02-28/pdf/06-1837.pdf Administrative Practice and Procedure Banks Banking Federal Reserve System Holding Companies Reporting and Recordkeeping Requirements Securities 7 p. 9897 9903 71 FR 9897 Title 12 Part 225 12 CFR Part 225 Capital Adequacy Guidelines for Bank Holding Companies; Small Bank Holding Company Policy Statement; Definition of a Qualifying Small Bank Holding Company; Federal Register Vol. 71, Issue RULE 06-1837 FEDERAL RESERVE SYSTEM 2006-03-30 Regulation Y Docket No. 1235 6210-02-P 06-1837 Final rule.

The Board of Governors of the Federal Reserve System (Board) is amending the asset size threshold and other criteria for determining whether a bank holding company (BHC) qualifies for the Board's Small Bank Holding Company Policy Statement (Regulation Y, Appendix C) (Policy Statement) and an exemption from the Board's consolidated risk- based and leverage capital adequacy guidelines for BHCs (Regulation Y, Appendices A and D) (Capital Guidelines). The Board is adopting this final rule to address the effects of inflation, industry consolidation, and normal asset growth of BHCs since the Board introduced the Policy Statement in 1980. The final rule increases the asset size threshold from $150 million to $500 million in consolidated assets for determining whether a BHC may qualify for the Policy Statement and an exemption from the Capital Guidelines; modifies the qualitative criteria used in determining whether a BHC that is under the asset size threshold nevertheless would not qualify for the Policy Statement or the exemption from the Capital Guidelines; and clarifies the treatment under the Policy Statement of subordinated debt associated with trust preferred securities.

This final rule is effective March 30, 2006. Barbara Bouchard, Deputy Associate Director (202/452-3072 or barbara.bouchard@frb.gov), Mary Frances Monroe, Manager (202/452-5231 or mary.f.monroe@frb.gov), William Tiernay, Supervisory Financial Analyst (202/872-7579 or william.h.tiernay@frb.gov), Supervisory and Risk Policy; Robert Maahs, Manager, Regulatory Reports (202/872-4935 or robert.maahs@frb.gov); or Robert Brooks, Supervisory Financial Analyst (202/452-3103 or robert.brooks@frb.gov), Applications, Division of Banking Supervision and Regulation; or Mark Van Der Weide, Senior Counsel (202/452-2263 or mark.vanderweide@frb.gov), Legal Division. For the hearing impaired only, Telecommunication Device for the Deaf (TDD), contact 202/263- 4869. Administrative Practice and Procedure Banks Banking Federal Reserve System Holding Companies Reporting and Recordkeeping Requirements Securities Bank holding companies; change in bank control (Regulation Y): Capital adequacy guidelines; small bank holding company policy statement; qualification criteria, barbara.bouchard@frb.gov mark.vanderweide@frb.gov mary.f.monroe@frb.gov robert.brooks@frb.gov robert.maahs@frb.gov william.h.tiernay@frb.gov Vol. 71, no. 39 Office of the Federal Register, National Archives and Records Administration 2006-02-28 continuing daily deposited born digital 523 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2006-02-28 P0b002ee180963be2 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr28fe06 https://www.govinfo.gov/app/details/FR-2006-02-28 https://www.govinfo.gov/content/pkg/FR-2006-02-28/pdf/FR-2006-02-28.pdf https://www.govinfo.gov/content/pkg/FR-2006-02-28/xml/FR-2006-02-28.xml fdlp 9897 10410 DGPO 2010-09-22 2024-06-06 FR-2006-02-28 machine generated eng FR FR-2006-02-28 71 39