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§ 1107.03 — Ohio Law | CourtGPT
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  5. Chapter 1107 - | State Banks - Capital and Securities/
  6. § 1107.03
Ohio Legal Code

§ 1107.03

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Effective: January 1, 2018 Latest Legislation: House Bill 49 - 132nd General Assembly No state bank shall operate without adequate capital as determined by the superintendent of financial institutions. In evaluating the adequacy of a state bank's capital, the superintendent may consider any of the following:(A) The nature and volume of the bank's business;(B) The amount, nature, quality, and liquidity of the bank's assets;(C) The amount and nature of the bank's liabilities, including those that are not presently due or are contingent;(D) The amount and nature of the bank's fixed costs;(E) The history of and prospects for the bank to earn and retain income;(F) The quality of the bank's operations, including risk management;(G) The quality of the bank's management;(H) The nature and quality of the bank's ownership;(I) Any other factor the superintendent finds to be relevant under the circumstances.