Regulatory AlertsSR 21-21: Interagency Statement on the Community Bank Leverage Ratio Framework
The Board of Governors of the Federal Reserve System, the FDIC, and the OCC issued a statement regarding the optional community bank leverage ratio framework for qualifying organizations with less than $10 billion in assets. The agencies announced that the temporary ratio requirement will revert to 9 percent starting in the first quarter of 2022, while clarifying the availability of a two-quarter grace period to help banks manage capital and balance sheets. This guidance provides information on the grace period but does not alter any existing agency rules or regulations.
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