Problem Banks: Hearing Before the Committee on Banking, Housing and Urban Affairs, United States Senate, Ninety-fourth Congress, Second Session ... February 5, 1976U.S. Government Printing Office, 1976 - 410 páginas |
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Palavras e frases frequentes
action audit bank examination reports bank holding companies bank regulators bank regulatory agencies bank's bankers Banking Committee banking system borrowers capital funds cease and desist CHAIRMAN Chase Manhattan Bank Citibank classified assets classified loans Comptroller Comptroller's office condition confidential criticized Currency depositors directors disclosure earnings evaluation FDIC federal bank Federal Deposit Insurance Federal Reserve Board Federal Reserve System foreign Franklin National Bank HOLLAND institutions largest bank Leavitt lending LIBRARY OF CONGRESS liquidity loan losses Marine Midland Marine Midland Banks member banks million national bank examiners operations percent policies problem banks problem list procedures real estate regional administrator reports of examination responsibilities securities Senator STEVENSON Smith staff subcommittee subsidiaries substandard supervision supervisory tion total assets Trust U.S. banks U.S. National United States Code unsafe and unsound Victor Program Washington Post William Proxmire York
Passagens conhecidas
Página 234 - The financial transactions of the Corporation for any fiscal year during which Federal funds are available to finance any portion of its operations may be audited by the General Accounting Office in accordance with the principles and procedures applicable to commercial corporate transactions and under such rules and regulations as may 'be prescribed by the Comptroller General of the United States.
Página 32 - Loss: Assets classified as loss are considered uncollectable and of such little value that their continuance as active assets of the bank is not warranted. Assignment of this classification does not mean that an asset has absolutely no recovery or salvage value, but simply that it is not practical or desirable to defer writing off a basically worthless asset even though partial recovery may be effected in the future.
Página 36 - The quality of management; (b) The liquidity of assets; (c) The history of earnings and of the retention thereof; (d) The quality and character of ownership; (e) The burden of meeting occupancy expenses; (f) The potential volatility of deposit structure; (g) The quality of operating procedures; and (h) The bank's capacity to meet present and future financial needs of its trade area, considering the competition it faces.
Página 239 - Department" means the Department of Commerce. "Director" means the Director of the Department of Commerce. "Federal financial institutions regulatory agencies" means the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Office of Thrift Supervision, the National Credit Union Administration, the Resolution Trust Corporation, the Federal National Mortgage Association, and the Federal Home Loan Mortgage Corporation....
Página 354 - Classification by bank examiners for the Comptroller of the Currency, the Federal Reserve System, and the Federal Deposit Insurance Corporation of United States obligations as "riskless assets," when classifying the assets of banks, thus inducing the purchase and retention of such obligations as bank investments.
Página 316 - Chairman of the Federal Deposit Insurance Corporation, the Comptroller of the Currency and the Administrator of the National Credit Union Administration participated under an informal memorandum of agreement.
Página 115 - This classification does not mean that the asset has absolutely no recovery or salvage value, but rather it is not practical or desirable to defer writing off this basically worthless asset even though partial recovery may be effected in the future.
Página 245 - ... the Federal Savings and Loan Insurance Corporation and the Federal Home Loan Bank Board...
Página 269 - A situation that threatens ultimately to involve the FDIC in a financial outlay unless drastic changes occur. OTHER PROBLEM: A situation that contains significant weakness but a lesser degree of vulnerability.
Página 36 - May 12, 1966, unless otherwise noted. § 14.1 Capital adequacy. The Comptroller of the Currency will not hereafter rely on the ratios of capital to risk assets and to total deposits in assessing the adequacy of capital of national banking associations. These formulae, although of some value in assessing capital adequacy, do not take into account other factors of equal or greater importance. Henceforth, the capital position of the bank will be analyzed and appraised in relation to the character of...