(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.
