New Jersey Administrative Code
Title 3 - BANKING
Chapter 4 - DEPOSITORY INSTITUTIONS
Subchapter 1 - CAPITAL REQUIREMENTS
Section 3:4-1.3 - Minimum leverage capital requirement
Universal Citation: NJ Admin Code 3:4-1.3
Current through Register Vol. 56, No. 18, September 16, 2024
(a) The minimum leverage capital for a depository institution shall be a ratio of Tier 1 capital to total assets of four percent.
(b) Notwithstanding (a) above, the Commissioner may establish for a depository institution a minimum ratio of Tier 1 capital total assets of more than four percent based on the following factors:
1. The financial history and
condition of a depository institution, and its future earnings
prospects;
2. The managerial
resources of the depository institution;
3. The funding and liquidity of the
depository institution;
4. The
interest-rate risk exposure of the depository institution;
5. The concentration of assets of the
depository institution; or
6. The
volume of assets classified as substandard, doubtful or loss, or subject to
special mention.
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