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FDIC RIN: 3064-AE98 Publication ID: Fall 2019 
Title: Assessments 
Abstract:

The Federal Deposit Insurance Corporation (FDIC) invites public comment on a notice of proposed rulemaking (NPR or proposal) that would amend its deposit insurance assessments regulations to apply the community bank leverage ratio (CBLR) framework to the deposit insurance assessment system. The FDIC, the Board of Governors of the Federal Reserve System (Federal Reserve) and the Office of the Comptroller of the Currency (OCC) (collectively, the Federal banking agencies) recently issued an interagency proposal to implement the community bank leverage ratio (the CBLR NPR). Under this proposal, the FDIC would assess all banks that elect to use the CBLR framework (CBLR banks) as small banks. CBLR banks would have the option to use either the CBLR or the tier 1 leverage ratio for the Leverage Ratio that the FDIC uses to calculate an established small bank’s assessment rate, and the option of using either CBLR tangible equity or tier 1 capital for calculating their assessment base. Through this NPR, the FDIC also would clarify the following: (1) qualifying community banking organizations that meet the definition of a custodial bank under assessments regulations and that elect to use the CBLR framework would experience no difference in the way that the FDIC calculates its assessments with respect to the custodial bank adjustment; and (2) the assessment regulations would continue to reference the prompt corrective action (PCA) regulations for the definitions of capital categories used in the deposit insurance assessment system, including the proposed CBLR capital categories. To assist banks in understanding the effects of the NPR, the FDIC plans to provide on its website a spreadsheet calculator that estimates deposit insurance assessment amounts under the proposal.

 
Agency: Federal Deposit Insurance Corporation(FDIC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: 12 CFR 327   
Legal Authority: 12 U.S.C. 1819 (Tenth)    12 U.S.C. 1817   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  02/21/2019  84 FR 5380   
NPRM Comment Period End  04/22/2019 
Final Rule  11/00/2019 
Additional Information: Email: comments@fdic.gov. Include RIN #3064-AE98 on the subject line of the message.
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: https://www.fdic.gov/regulations/laws/federal/   Public Comment URL: https://www.fdic.gov/regulations/laws/federal/  
RIN Data Printed in the FR: No 
Related RINs: Related to 3064-AE91 
Agency Contact:
Ashley Mihalik
Senior Financial Economist
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-3793
Email: amihalik@fdic.gov

Nefretete Smith
Senior Attorney
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-6851
Email: nefsmith@fdic.gov