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FDIC

RIN: 3064-AD32

Publication ID: Spring 2009

Title: Minimum Capital Ratios; Capital Adequacy Guidelines; Capital Maintenance; Capital: Deduction of Goodwill Net of Associated Deferred Tax Liability
Abstract: The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the Office of Thrift Supervision (OTS) (collectively, the Agencies) amended their regulatory capital rules to permit banks, bank holding companies, and savings associations (collectively, banking organizations) to reduce the amount of goodwill that a banking organization must deduct from tier 1 capital by the amount of any deferred tax liability associated with that goodwill. For a banking organization that elects to apply this final rule, the amount of goodwill the banking organization must deduct from tier 1 capital would reflect the maximum exposure to loss in the event that such goodwill is impaired or derecognized for financial reporting purposes.
Agency: Federal Deposit Insurance Corporation(FDIC)	Priority: Substantive, Nonsignificant
RIN Status: Previously published in the Unified Agenda	Agenda Stage of Rulemaking: Completed Actions
Major: No	Unfunded Mandates: No
CFR Citation: 12 CFR 325
Legal Authority: 12 USC 1828

Legal Deadline: None

Timetable:

Action	Date	FR Cite
NPRM	09/30/2008	73 FR 56756
NPRM Comment Period End	10/30/2008
Final Action	12/30/2008	73 FR 79602

Regulatory Flexibility Analysis Required: No	Government Levels Affected: None
Federalism: No
Included in the Regulatory Plan: No
RIN Information URL: http://www.fdic.gov/regulations/laws/federal/2008/08Final1230.pdf
RIN Data Printed in the FR: No
Related Agencies: Joint: TREAS/OTS, TREAS/OCC;
Agency Contact: Michael Phillips Counsel Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-3581 Email: mphillips@fdic.gov