12 C.F.R. § 327.5 Assessment base.
Title 12 - Banks and Banking
(a) Computation of assessment base. Except as provided in paragraph (c) of this section, the assessment base of an insured depository institution for any date on which the institution is required to file a quarterly report of condition shall be computed by: (1) Adding— (i) All demand deposits— (A) That the institution reported as such in the quarterly report of condition for that date; (B) That belong to subsidiaries of the institution and were eliminated in consolidation; (C) That are held in any insured branches of the institution that are located in the territories and possessions of the United States; (D) That represent any uninvested trust funds required to be separately stated in the quarterly report for that date; (E) That represent any unposted credits to demand deposits, as determined in accordance with the provisions of paragraph (b)(1) of this section; and (ii) All time and savings deposits, together with all interest accrued and unpaid thereon— (A) That the institution reported as such in the quarterly report of condition for that date; (B) That belong to subsidiaries of the institution and were eliminated in consolidation; (C) That are held in any insured branches of the institution that are located in the territories and possessions of the United States; (D) That represent any unposted credits to time and savings deposits, as determined in accordance with the provisions of paragraph (b)(1) of this section; then (2) Subtracting, in the case of any institution that maintains such records as will readily permit verification of the correctness of its assessment base— (i) Any unposted debits; (ii) Any pass-through reserve balances; (iii) 16 (A) Unposted debits allocated to demand deposits pursuant to the provisions of paragraph (b)(2) of this section; plus (B) Pass-through reserve balances representing demand deposits; (iv) 1 percent of the amount computed by subtracting, from the amount specified in paragraph (a)(1)(ii) of this section, the sum of: (A) Unposted debits allocated to time and savings deposits pursuant to the provisions of paragraph (b)(2) of this section; plus (B) Pass-through reserve balances representing time and savings deposits; (v) Liabilities arising from a depository institution investment contract that are not treated as insured deposits under section 11(a)(8) of the Federal Deposit Insurance Act (12 U.S.C. 1821(a)(8)). (b) Methods of reporting unposted credits and unposted debits—(1) Unposted credits. Each insured depository institution shall report unposted credits in quarterly reports of condition for addition to the assessment base in the following manner: (i) If the institution's records show the total actual amount of unposted credits segregated into demand deposits and time and savings deposits, the institution must report the segregated amounts for addition to demand deposits and time and savings deposits, respectively. (ii) If the institution's records show the total actual amount of unposted credits but do not segregate the amount as stated in paragraph (b)(1)(i) of this section, the institution must report the total actual amount of the unposted credits for addition to time and savings deposits. (2) Unposted debits. Unposted debits may be reported in the same manner as stated in paragraph (b)(1) of this section for deduction from the assessment base, except that unsegregated amounts may be reported for deduction only from demand deposits. (c) Newly insured institutions. In the case of a newly insured institution, the assessment base for the last date for which insured depository institutions are required to file quarterly reports of condition within the semiannual period in which the newly insured institution became an insured institution shall be deemed to be its assessment base for that semiannual period. If the institution has not filed such a report by the due date for such reports from insured depository institutions, it shall promptly provide to the Corporation such information as the Corporation may require to prepare the certified statement form for the institution for the current semiannual period. [59 FR 67163, Dec. 29, 1994]
Title 12: Banks and Banking
PART 327—ASSESSMENTS
Subpart A—In General
§ 327.5 Assessment base.
