Undercapitalized definition
Undercapitalized means, with respect to a public depository, "undercapitalized" as the term is defined in subsection (b) of section 38 of the "Federal Deposit Insurance Act," Pub.L.81-797 (12 U.S.C. s.1831o(b)), or subsection (c) of section 216 of title II of the "Federal Credit Union Act," Pub.L.73-467 (12 U.S.C. s.1790d(c)), as applicable, and their implementing regulations;
Undercapitalized means, with respect to a public depository,
Undercapitalized means a depository that the depository’s primary federal regulatory authority has classified as undercapitalized, significantly undercapitalized or critically undercapitalized.
Examples of Undercapitalized in a sentence
An undercapitalized institution: o has a total risk-based capital ratio of less than 8%; o has a Tier 1 risk-based capital ratio of less than 6%; o has a common equity Tier 1 risk-based capital ratio of less than 4.5% or greater; or o has a leverage capital ratio of less than 4% • Significantly Undercapitalized - The institution is significantly below the required minimum level for any relevant capital measure.
More Definitions of Undercapitalized
Undercapitalized means a depository that the depository’s primary federal regulatory au- thority has classified as undercapitalized, significantly undercapitalized or critically undercapital- ized.
Undercapitalized means a bank depository that is classified as undercapitalized, significantly undercapitalized or critically undercapitalized by its primary federal regulatory authority.
Undercapitalized means a qualified depository that is classified as undercapitalized, sig-
Undercapitalized means a depository that the depository’s primary federal regulatory au-
Undercapitalized means a qualified depository that [the depository’s primary federal
Undercapitalized means a [bank] depository that [is classified] the depository’s primary
Undercapitalized means a deposi- tory that the depository’s primary federal regulatory authority has classified as under- capitalized, significantly undercapitalized or critically undercapitalized.