California · Financial Code
FIN §1150: In determining for purposes of this division whether the shareholders’ equity of a bank or of a proposed bank is adequate, the commissioner shall consider: (a) The nature and volume of the business of
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In determining for purposes of this division whether the shareholders’ equity of a bank or of a proposed bank is adequate, the commissioner shall consider: (a) The nature and volume of the business of the bank; (b) The amount, nature, quality, and liquidity of the assets of the bank; (c) The amount and nature of the liabilities (including, but not limited to, any capital notes or debentures and any contingent liabilities) of the bank; (d) The amount and nature of the fixed charges of the bank; (e) The history of, and prospects for, the bank to earn and retain income; (f) The quality of the operations of the bank; (g) The quality of the management of the bank; (h) The nature and quality of the ownership of the bank; and (i) Such other factors as are in the opinion of the commissioner relevant.
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