On Monday, September 24, 2012, the Federal Reserve Board (the
"Fed"), the Federal Deposit Insurance Corporation (the
"FDIC"), and the Office of the Comptroller of the
Currency (the "OCC") announced the availability of a
regulatory capital estimation tool to help community banking
organizations and other interested parties evaluate recently
published regulatory capital proposals. The tool will assist
these organizations in estimating the potential effects on their
capital ratios of the agencies' Basel III Notice of Proposed
Rulemaking ("NPR") and Standardized Approach NPR.
In June 2012, the Fed, the FDIC,
and the OCC approved these joint NPRs, which would revise their
current regulatory capital standards. The Basel III NPR
focuses primarily on strengthening the level of regulatory capital
requirements and improving the quality of capital. The
Standardized Approach NPR proposes a number of enhancements to the
risk-sensitivity of the agencies' capital standards.
