(855) Marcum1 | FOLLOW US  
Marcum LLP
Marcum LLP
Insights

Financial Institutions Alert

 

In This Edition

Small Bank Pricing

Share:

The Federal Deposit Insurance Corporation's ("FDIC") Board of Directors has issued a Notice of Proposed Rulemaking ("NPR") to revise the NPR previously issued in June 2015 in order to address the deposit insurance assessment system applicable to institutions with less than $10 billion in assets.  The revised NPR will be similar to the 2015 NPR with some differences including a revised one-year asset growth measure, the use of a brokered deposit ratio rather than the previously proposed core deposit ratio, removal of the brokered deposit adjustment and revision of the weights assigned to the proposed measures in the financial ratios method.  These refinements would become effective during the latter of  the quarter subsequent to the reserve ratio of the Deposit Insurance Fund ("DIF") reaching 1.15% or the quarter subsequent to the final rule being adopted.  In the end this should give some minor regulatory relief to the small bank institutions within the industry.     

For more information see the attached FIL "Small Bank Pricing Notice of Proposed Rule Making" from the FDIC for more detailed information https://www.fdic.gov or contact James Dowling, Audit Manager and member of Marcum's Financial Institutions Services Group, at James.Dowling@Marcumllp.com

 
 
 
HAVE A QUESTION? ASK MARCUM
 
STAY IN TOUCH.

SIGN UP TODAY FOR MARCUM'S NEWSLETTERS.

ABOUT MARCUM LLP

Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., as well as Grand Cayman, China and Ireland.

Learn More

CONNECT WITH US
OFFICES

Headquarters
750 3rd Avenue, 11th Floor
New York, NY 10017

Find an Office

(855) MARCUM1
info@marcumllp.com

FOUNDATION

Marcum Foundation

AFFILIATIONS

Leading Edge Alliance

DOWNLOAD THE MARCUM ON THE GO APP

 
 
© 2017 Marcum LLP. All Rights Reserved.
Privacy | Legal | Sitemap