Remigio Ferrara

Private Mortgage Lender

Remigio Ferrara - NMLS ID #476380
Senior Loan Officer, McLean Mortgage Corporation

11325 Random Hills Road Suite 400 Fairfax, VA 22030
Website • Office: 571-419-6632 • Cell: 703-622-6999

  • Home
  • About
  • Loan Process
  • Get Started Now
  • Resources
  • News
  • Contact

Agencies release regulatory capital estimation tool for community banks

November 19, 2013 by Remigio Ferrara

Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency

For immediate release

November 19, 2013

Agencies Release a Regulatory Capital Estimation Tool for Community Banks

The federal bank regulatory agencies today released an estimation tool to help community banks understand the potential effects of the recently revised regulatory capital framework on their capital ratios.

The revised framework implements the Basel III regulatory capital reforms and certain changes required by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

In July 2013, the Federal Reserve Board and Office of the Comptroller of the Currency approved the revised framework as final rules, and the Federal Deposit Insurance Corporation approved the revised framework as an interim final rule. The final rules and interim final rule are substantively identical.

The estimation tool is not part of the revised capital framework and not a component of regulatory reporting. Results from the tool are simplified estimates that may not precisely reflect banks’ actual capital ratios under the framework. Additionally, banks should be aware that the estimation tool requires certain manual inputs that could have meaningful effects on results and should reference the revised capital framework when using the estimation tool.

The estimation tool is available at: www.fdic.gov/regulations/capital/Bank_Estimation_Tool.xlsm

The revised capital frameworks are available in the Federal Register at:
www.gpo.gov/fdsys/pkg/FR-2013-10-11/pdf/2013-21653.pdf and www.gpo.gov/fdsys/pkg/FR-2013-09-10/pdf/2013-20536.pdf

Media Contacts:

Federal Reserve Eric Kollig (202) 452-2955
OCC Stephanie Collins (202) 649-6870
FDIC David Barr (202) 898-6992

Filed Under: Banking & Consumer Reg Policy

It is my desire to become your Lender for Life on the road to achieving your goals.

Contact Remigio Today!

Latest News & Articles

I am honored to be featured as one of the Washingtonian’s Top Mortgage Professionals in their April 2021 edition. Thank You to all my clients, realtors and referrals partners, family, and friends for … Read More

Owning a home has several advantages over renting. The financial benefits can help you achieve your long-term goals and can only be experienced by making the leap to home ownership. Renting Tax … Read More

Remigio Ferrara

Senior Loan Officer, McLean Mortgage Corporation

11325 Random Hills Road, Suite 400
Fairfax, VA 22030

Website: www.mcleanlending.com/lo_rferrara.php
Office: 571-419-6632
Cell: 703-622-6999
NMLS ID #476380

Get Started

Save time! Get started now.

Refinancing Your Loan
Purchasing a home

Licenses

DC Mortgage Loan Originator #: MLO476380
DE Mortgage Loan Originator #: MLO-476380
FL Mortgage Loan Originator #: LO30974
NC Mortgage Loan Originator #: I-158100
SC Mortgage Loan Originator #: MLO – 476380
VA Mortgage Loan Originator #: MLO-10666VA
WV Mortgage Loan Originator #: LO-38872
MD Mortgage Originator #: 26-21596
PA Mortgage Originator #: 46267
TN Mortgage Loan Originator #: 235241

© Remigio Ferrara 2013. All Rights reserved · Website Design and Development by MarketSpark · Admin