12 C.F.R. § 652.50 Definitions.
Title 12 - Banks and Banking
For purposes of this subpart, the following definitions will apply: (a) Farmer Mac, Corporation, you, and your means the Federal Agricultural Mortgage Corporation and its affiliates as defined in subpart A of this part. (b) Our, us, or we means the Farm Credit Administration. (c) Regulatory capital means the sum of the following as determined in accordance with generally accepted accounting principles: (1) The par value of outstanding common stock; (2) The par value of outstanding preferred stock; (3) Paid-in capital, which is the amount of owner investment in Farmer Mac in excess of the par value of stock; (4) Retained earnings; and (5) Any allowances for losses on loans and guaranteed securities. (d) Risk-based capital means the amount of regulatory capital sufficient for Farmer Mac to maintain positive capital during a 10-year period of stressful conditions as determined by the risk-based capital stress test described in §650.23.
Title 12: Banks and Banking
PART 652—FEDERAL AGRICULTURAL MORTGAGE CORPORATION FUNDING AND FISCAL AFFAIRS
Subpart B—Risk-Based Capital Requirements
§ 652.50 Definitions.
