C » Topics » Regulatory Capital

This excerpt taken from the C 8-K filed Oct 13, 2009.

Regulatory Capital

 

Citigroup is subject to risk-based capital and leverage guidelines issued by the Board of Governors of the Federal Reserve System (FRB). Its U.S. insured depository institution subsidiaries, including Citibank, N.A., are subject to similar guidelines issued by their respective primary federal bank regulatory agencies. These guidelines are used to evaluate capital adequacy and include the required minimums shown in the following table.

 

The regulatory agencies are required by law to take specific prompt actions with respect to institutions that do not meet minimum capital standards. As of December 31, 2008 and 2007, all of Citigroup’s U.S. insured subsidiary depository institutions were “well capitalized.”

 

At December 31, 2008, regulatory capital as set forth in guidelines issued by the U.S. federal bank regulators is as follows:

 

In millions of dollars

 

Required
minimum

 

Well-
capitalized
minimum

 

Citigroup (3)

 

Citibank, N.A.(3)

 

Tier 1 Capital

 

 

 

 

 

$

118,758

 

$

70,977

 

Total Capital (1)

 

 

 

 

 

156,398

 

108,355

 

Tier 1 Capital Ratio

 

4.0

%

6.0

%

11.92

%

9.94

%

Total Capital Ratio (1)

 

8.0

 

10.0

 

15.70

 

15.18

 

Leverage Ratio (2)

 

3.0

 

5.0

(3)

6.08

 

5.82

 

 


(1)     Total Capital includes Tier 1 and Tier 2.

(2)     Tier 1 Capital divided by adjusted average assets.

(3)     Applicable only to depository institutions. For bank holding companies to be “well capitalized,” they must maintain a minimum Leverage Ratio of 3%.

 

These excerpts taken from the C 10-K filed Feb 27, 2009.

Regulatory Capital

Citigroup is subject to risk-based capital and leverage guidelines issued by the Board of Governors of the Federal Reserve System (FRB). Its U.S. insured depository institution subsidiaries, including Citibank, N.A., are subject to similar guidelines issued by their respective primary federal bank regulatory agencies. These guidelines are used to evaluate capital adequacy and include the required minimums shown in the following table.

The regulatory agencies are required by law to take specific prompt actions with respect to institutions that do not meet minimum capital standards. As of December 31, 2008 and 2007, all of Citigroup’s U.S. insured subsidiary depository institutions were “well capitalized.”

At December 31, 2008, regulatory capital as set forth in guidelines issued by the U.S. federal bank regulators is as follows:

 

In millions of dollars   Required
minimum
    Well-
capitalized
minimum
    Citigroup (3)     Citibank, N.A. (3)   

Tier 1 Capital

      $ 118,758     $ 70,977  

Total Capital (1)

        156,398       108,355  

Tier 1 Capital Ratio

  4.0 %   6.0 %     11.92 %     9.94 %

Total Capital Ratio (1)

  8.0     10.0       15.70       15.18  

Leverage Ratio (2)

  3.0     5.0  (3)     6.08       5.82  

 

(1) Total Capital includes Tier 1 and Tier 2.
(2) Tier 1 Capital divided by adjusted average assets.
(3) Applicable only to depository institutions. For bank holding companies to be “well capitalized,” they must maintain a minimum Leverage Ratio of 3%.

Regulatory Capital

Citigroup is subject to risk-based capital and leverage guidelines issued by the Board of Governors of the Federal Reserve System (FRB). Its U.S. insured depository institution subsidiaries, including Citibank, N.A., are subject to similar guidelines issued by their respective primary federal bank regulatory agencies. These guidelines are used to evaluate capital adequacy and include the required minimums shown in the following table.

The regulatory agencies are required by law to take specific prompt actions with respect to institutions that do not meet minimum capital standards. As of December 31, 2008 and 2007, all of Citigroup’s U.S. insured subsidiary depository institutions were “well capitalized.”

At December 31, 2008, regulatory capital as set forth in guidelines issued by the U.S. federal bank regulators is as follows:

 

In millions of dollars   Required
minimum
    Well-
capitalized
minimum
    Citigroup (3)     Citibank, N.A. (3)   

Tier 1 Capital

      $ 118,758     $ 70,977  

Total Capital (1)

        156,398       108,355  

Tier 1 Capital Ratio

  4.0 %   6.0 %     11.92 %     9.94 %

Total Capital Ratio (1)

  8.0     10.0       15.70       15.18  

Leverage Ratio (2)

  3.0     5.0  (3)     6.08       5.82  

 

(1) Total Capital includes Tier 1 and Tier 2.
(2) Tier 1 Capital divided by adjusted average assets.
(3) Applicable only to depository institutions. For bank holding companies to be “well capitalized,” they must maintain a minimum Leverage Ratio of 3%.
This excerpt taken from the C 8-K filed Jan 23, 2009.

Regulatory Capital

 

Citigroup is subject to risk based capital and leverage guidelines issued by the Board of Governors of the Federal Reserve System (FRB). Its U.S. insured depository institution subsidiaries, including Citibank, N.A., are subject to similar guidelines issued by their respective primary federal bank regulatory agencies. These guidelines are used to evaluate capital adequacy and include the required minimums shown in the following table.

 

The regulatory agencies are required by law to take specific prompt actions with respect to institutions that do not meet minimum capital standards. As of December 31, 2007 and 2006, all of Citigroup’s U.S. insured subsidiary depository institutions were “well capitalized.”

 

At December 31, 2007, regulatory capital as set forth in guidelines issued by the U.S. federal bank regulators is as follows:

 

In millions of dollars

 

Required 
minimum

 

Well-
capitalized

minimum

 

Citigroup (1) (4)

 

Citibank, N.A. (1) (4)

 

Tier 1 Capital

 

 

 

 

 

$

89,226

 

$

81,952

 

Total Capital (2)

 

 

 

 

 

134,121

 

121,613

 

Tier 1 Capital Ratio

 

4.0

%

6.0

%

7.12

%

8.98

%

Total Capital Ratio (2)

 

8.0

 

10.0

 

10.70

 

13.33

 

Leverage Ratio (3)

 

3.0

 

5.0

(5)

4.03

 

6.65

 

 


(1)           The FRB granted interim capital relief for the impact of adopting SFAS 158.

(2)           Total Capital includes Tier 1 and Tier 2.

(3)           Tier 1 Capital divided by adjusted average assets.

(4)           The impact related to using Citigroup’s own credit rating in valuing liabilities for which the fair value option has been selected is excluded from Tier 1 Capital.

(5)           Applicable only to depository institutions. For bank holding companies to be “well capitalized,” they must maintain a minimum Leverage Ratio of 3%.

 

54



 

This excerpt taken from the C 8-K filed Aug 14, 2008.

Regulatory Capital

 

Citigroup is subject to risk based capital and leverage guidelines issued by the Board of Governors of the Federal Reserve System (FRB). Its U.S. insured depository institution subsidiaries, including Citibank, N.A., are subject to similar guidelines issued by their respective primary federal bank regulatory agencies. These guidelines are used to evaluate capital adequacy and include the required minimums shown in the following table.

 

The regulatory agencies are required by law to take specific prompt actions with respect to institutions that do not meet minimum capital standards. As of December 31, 2007 and 2006, all of Citigroup’s U.S. insured subsidiary depository institutions were “well capitalized.”

 

At December 31, 2007, regulatory capital as set forth in guidelines issued by the U.S. federal bank regulators is as follows:

 

In millions of dollars

 

Required
minimum

 

Well-
capitalized
minimum

 

Citigroup (1) (4)

 

Citibank, N.A. (1) (4)

 

Tier 1 Capital

 

 

 

 

 

$

89,226

 

$

81,952

 

Total Capital (2)

 

 

 

 

 

134,121

 

121,613

 

Tier 1 Capital Ratio

 

4.0

%

6.0

%

7.12

%

8.98

%

Total Capital Ratio (2)

 

8.0

 

10.0

 

10.70

 

13.33

 

Leverage Ratio (3)

 

3.0

 

5.0

(5)

4.03

 

6.65

 

 


(1)

 

The FRB granted interim capital relief for the impact of adopting SFAS 158.

(2)

 

Total Capital includes Tier 1 and Tier 2.

(3)

 

Tier 1 Capital divided by adjusted average assets.

(4)

 

The impact of including Citigroup’s own credit rating in valuing liabilities for which the fair value option has been selected is excluded from Tier 1 Capital.

(5)

 

Applicable only to depository institutions. For bank holding companies to be “well capitalized,” they must maintain a minimum Leverage Ratio of 3%.

 

52



 

This excerpt taken from the C 10-K filed Feb 22, 2008.

Regulatory Capital

Citigroup is subject to risk based capital and leverage guidelines issued by the Board of Governors of the Federal Reserve System (FRB). Its U.S. insured depository institution subsidiaries, including Citibank, N.A., are subject to similar guidelines issued by their respective primary federal bank regulatory agencies. These guidelines are used to evaluate capital adequacy and include the required minimums shown in the following table.

The regulatory agencies are required by law to take specific prompt actions with respect to institutions that do not meet minimum capital standards. As of December 31, 2007 and 2006, all of Citigroup’s U.S. insured subsidiary depository institutions were “well capitalized.”


 

At December 31, 2007, regulatory capital as set forth in guidelines issued by the U.S. federal bank regulators is as follows:

 

In millions of dollars   Required
minimum
    Well-
capitalized
minimum
    Citigroup (1) (4)      Citibank, N.A. (1) (4)  

Tier 1 Capital

      $  89,226      $  81,952  

Total Capital (2)

      134,121      121,613  

Tier 1 Capital Ratio

  4.0 %   6.0 %   7.12 %    8.98 %

Total Capital Ratio (2)

  8.0     10.0     10.70      13.33  

Leverage Ratio (3)

  3.0     5.0  (5)   4.03      6.65  

 

(1) The FRB granted interim capital relief for the impact of adopting SFAS 158.
(2) Total Capital includes Tier 1 and Tier 2.
(3) Tier 1 Capital divided by adjusted average assets.
(4) The impact related to using Citigroup’s credit rating in valuing Citigroup’s derivatives and debt carried at fair value upon the adoption of SFAS 157 is excluded from Tier 1 Capital at December 31, 2007.
(5) Applicable only to depository institutions. For bank holding companies to be “well capitalized,” they must maintain a minimum Leverage Ratio of 3%.

 

153


Table of Contents

 

This excerpt taken from the C 10-K filed Feb 23, 2007.

Regulatory Capital

Citigroup is subject to risk-based capital and leverage guidelines issued by the Board of Governors of the Federal Reserve System (FRB). Its U.S. insured

depository institution subsidiaries, including Citibank, N.A., are subject to similar guidelines issued by their respective primary federal bank regulatory agencies. These guidelines are used to evaluate capital adequacy and include the required minimums shown in the following table.

The regulatory agencies are required by law to take specific prompt actions with respect to institutions that do not meet minimum capital standards. As of December 31, 2006 and 2005, all of Citigroup’s U.S. insured subsidiary depository institutions were “well capitalized.”


At December 31, 2006, regulatory capital as set forth in guidelines issued by

the U.S. federal bank regulators is as follows:

 

In millions of dollars   Required
minimum
    Well
capitalized
minimum
    Citigroup (1)     Citibank, N.A. (1)  

Tier 1 Capital

      $ 90,899     $ 59,860  

Total Capital (2)

        123,260       89,138  

Tier 1 Capital Ratio

  4.0 %   6.0 %     8.59 %     8.32 %

Total Capital Ratio (2)

  8.0     10.0       11.65       12.39  

Leverage Ratio (3)

  3.0     5.0  (4)     5.16       6.09  

 

(1) The FRB granted interim capital relief for the impact of adopting SFAS 158 at December 31, 2006.
(2) Total Capital includes Tier 1 and Tier 2.
(3) Tier 1 Capital divided by adjusted average assets.
(4) Applicable only to depository institutions. For bank holding companies to be “well capitalized,” they must maintain a minimum Leverage Ratio of 3%.

 

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