10 Pa. Code § 10.1

Current through Register Vol. 54, No. 24, June 15, 2024
Section 10.1 - Definitions

The following words and terms, when used in this chapter, have the following meanings, unless the context clearly indicates otherwise:

Association-As defined in section 102(3) of the Savings Association Code of 1967 (7 P. S. § 6020-2(3)).

Classified assets-Assets, or portions thereof, which have a well-defined weakness or weaknesses attributable to the unfavorable condition of the obligor, insufficiency of security or other factors noted in the report of examination prepared by the Department.

Institution-An incorporated institution as defined in section 102(q) of the Banking Code of 1965 (7 P. S. § 102(q)).

Leverage capital-The ratio of Tier 1 capital to total assets.

Qualifying capital-As defined in 12 CFR Part 325, Appendix A (relating to statement of policy on risk based capital).

Risk-weighted assets-As defined in 12 CFR Part 325 , Appendix A.

Tier 1 capital-As defined in 12 CFR 325.2(t) (relating to definitions).

Total assets-As defined in 12 CFR 325.2(v). Assets do not include assets held in a fiduciary capacity.

10 Pa. Code § 10.1