New Mexico Administrative Code
Title 12 - TRADE, COMMERCE AND BANKING
Chapter 16 - BANKING
Part 3 - FORMULA FOR DETERMINING THE NET WORTH OF BANK MAIN OFFICES AND BRANCHES
Section 12.16.3.7 - DEFINITIONS

Universal Citation: 12 NM Admin Code 12.16.3.7

Current through Register Vol. 35, No. 6, March 26, 2024

A. "Deposits in a manned branch" means deposits accepted by that branch, exclusive of deposits accepted at other manned branches or the main office facility.

B. "Deposits in main office" means deposits accepted by the main office facility of the bank, exclusive of deposits accepted at manned branch facilities of the bank.

C. "Total equity capital" means that amount reported by the bank in schedule RC of the federal financial institutions examination council ("FFIEC") report of condition with the same date as the date of the deposit data.

D. "Total deposits" means that amount reported by the bank in schedule RC of the FFIEC report of condition with the same date as the date of the deposit data.

Disclaimer: These regulations may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.