Search Results for 'Capital Adequacy'


What Banks Should Know About Repurchasing Stock August 30, 2010 The board of directors must approve “appropriate resolutions” to adopt a stock repurchase program, advises Craig D. Miller, a partner with Manatt, Phelps & Phillips in San Francisco. The resolutions should include the maximum number of shares to be purchased, the time frame during... Continued... Indexed by: Capital Adequacy
Got Excess Capital? The Pluses and Minuses of Buying Back Your Bank Stock August 30, 2010 Tread carefully if you're considering buying back your bank stock. Although stock prices are still lower than they were several years ago, bank regulators are demanding more capital than ever before. Still, some say it's a "once-in-a-generation opportunity." "You have to be comfortable with your... Continued... Indexed by: Capital Adequacy \| Management
A Shrinking Bank Holding Company, Thanks to Sell, Merge Orders August 23, 2010 No bank holding company has dealt more with the “merge, sell, liquidate” language in recent consent orders than Michigan-based Capitol Bancorp, a $4.7 billion company with banks in 15 states. The FDIC has ordered 16 of Capitol Bancorp’s community banks to “develop, adopt,... Continued... Indexed by: Capital Adequacy \| Enforcement/Exams \| Troubled Banks
Regulators Ordering Banks to Plan for Liquidation in Consent Orders August 23, 2010 Federal regulators are increasingly inserting language into consent orders –instead of waiting to issue a Prompt Corrective Action– that requires adequately-capitalized banks to come up with immediate plans to merge, sell or liquidate their institutions, a Bank Safety and Soundness... Continued... Indexed by: Capital Adequacy \| Enforcement/Exams \| Regulation \| Troubled Banks
How the Dodd-Frank Bill Affects TruPS August 09, 2010 No TruPS issued from May 19, 2010 on will be counted as Tier 1 capital; All TruPS issued before May 19 by BHCs with consolidated assets of less than $15 billion are grandfathered under the bill and can continue to count as Tier 1 capital. The largest BHCs still have until Jan. 1, 2013... Continued... Indexed by: Capital Adequacy \| Legislation
Did Financial Reform Trigger a Capital Event? August 09, 2010 Has the financial regulatory reform bill triggered a “capital treatment event” that could lead bank holding companies to recall their outstanding trust preferred securities (TruPS)? Several banking lawyers think so, and are advising issuers to check the fine print in their TruPS... Continued... Indexed by: Capital Adequacy \| Legislation
A Success Story: First Michigan Bank Raises Capital, Grows By More than $1 BIllion July 26, 2010 It is possible to raise capital in today’s environment. Just ask David Provost, chairman, president and CEO of First Michigan Bank in Troy, Mich. He not only raised $200 million, but he helped turn his $100 million bank into a $1.7 billion institution with a single acquisition on April... Continued... Indexed by: Capital Adequacy \| FDIC \| Management
Special Report: What New Capital Ratios Would Mean for Banks July 26, 2010 If regulatory capital ratios were to increase in line with recent enforcement orders, banks would have to raise more than $476 billion, an effort that would undoubtedly lead to the merger of many banks and the failures of others, according to an exclusive analysis of Call Report data conducted for... Continued... Indexed by: Capital Adequacy \| Exams/Enforcement \| Management
Why Healthy Banks Need to Raise More Capital than Ever July 19, 2010 Even healthy banks now believe they must raise more capital than ever before. Doug Crichfield, president and CEO of Solera National Bancorp ($137.5 million), a de novo bank in Lakewood, Colo., isn’t worried about capital for his bank. (The bank has 19.3% RBC). But Crichfield, who has... Continued... Indexed by: Capital Adequacy \| Exams/Enforcement \| Regulation
Is 12 the new 10? Examiners Ask for More and More Capital, Orders Show July 19, 2010 Examiners across the country are ordering banks to increase their capital ratios well beyond what is considered well-capitalized, in some cases demanding as much as 14% total risk-based capital, a Bank Safety & Soundness Advisor analysis of enforcement orders shows. The orders stretch from... Continued... Indexed by: Capital Adequacy \| Exams/Enforcement