§ 252.5 Categorization of banking organizations. ( a ) *General.* ( 1 ) A U.S. bank holding company with average total consolidated assets of $100 billion or more must determine its category among the four categories described in paragraphs (b) through (e) of this section at least quarterly.
( 2 ) A U.S. intermediate holding company with average total consolidated assets of $100 billion or more must determine its category among the three categories described in paragraphs (c) through (e) of this section at least quarterly.
( 3 ) A foreign banking organization with average total consolidated assets of $100 billion or more and average combined U.S. assets of $100 billion or more must determine its category among the three categories described in paragraphs (c) through (e) of this section at least quarterly.
( b ) *Global systemically important BHC.* A banking organization is a global systemically important BHC if it is identified as a global systemically important BHC pursuant to 12 CFR 217.402.
( c ) *Category II.* ( 1 ) A banking organization is a Category II banking organization if the banking organization: ( i ) Has: ( A ) ( 1 ) For a U.S. bank holding company or a U.S. intermediate holding company, $700 billion or more in average total consolidated assets;
( 2 ) For a foreign banking organization, $700 billion or more in average combined U.S. assets; or
( B ) ( 1 ) $75 billion or more in average cross-jurisdictional activity; and
( 2 ) ( i ) For a U.S. bank holding company or a U.S. intermediate holding company, $100 billion or more in average total consolidated assets; or
( ii ) For a foreign banking organization, $100 billion or more in average combined U.S. assets; and
( ii ) Is not a global systemically important BHC.
( 2 ) After meeting the criteria in paragraph (c)(1) of this section, a banking organization continues to be a Category II banking organization until the banking organization: ( i ) Has: ( A ) ( 1 ) For a U.S. bank holding company or a U.S. intermediate holding company, less than $700 billion in total consolidated assets for each of the four most recent calendar quarters; or
( 2 ) For a foreign banking organization, less than $700 billion in combined U.S. assets for each of the four most recent calendar quarters; and
( B ) Less than $75 billion in cross-jurisdictional activity for each of the four most recent calendar quarters;
( ii ) Has: ( A ) For a U.S. bank holding company or a U.S. intermediate holding company, less than $100 billion in total consolidated assets for each of the four most recent calendar quarters;
( B ) For a foreign banking organization, less than $100 billion in combined U.S. assets for each of the four most recent calendar quarters; or
( iii ) Meets the criteria in paragraph (b) to be a global systemically important BHC.
( d ) *Category III.* ( 1 ) A banking organization is a Category III banking organization if the banking organization: ( i ) Has: ( A ) ( 1 ) For a U.S. bank holding company or a U.S. intermediate holding company, $250 billion or more in average total consolidated assets; or
( 2 ) For a foreign banking organization, $250 billion or more in average combined U.S. assets; or
( B ) ( 1 ) ( i ) For a U.S. bank holding company or a U.S. intermediate holding company, $100 billion or more in average total consolidated assets; or
( ii ) For a foreign banking organization, $100 billion or more in average combined U.S. assets; and
( 2 ) At least: ( i ) $75 billion in average total nonbank assets;
( ii ) $75 billion in average weighted short-term wholesale funding; or
( iii ) $75 billion in average off-balance sheet exposure;
( ii ) Is not a global systemically important BHC; and
( iii ) Is not a Category II banking organization.
( 2 ) After meeting the criteria in paragraph (d)(1) of this section, a banking organization continues to be a Category III banking organization until the banking organization: ( i ) Has: ( A ) ( 1 ) For a U.S. bank holding company or a U.S. intermediate holding company, less than $250 billion in total consolidated assets for each of the four most recent calendar quarters; or
( 2 ) For a foreign banking organization, less than $250 billion in combined U.S. assets for each of the four most recent calendar quarters;
( B ) Less than $75 billion in total nonbank assets for each of the four most recent calendar quarters;
( C ) Less than $75 billion in weighted short-term wholesale funding for each of the four most recent calendar quarters; and
( D ) Less than $75 billion in off-balance sheet exposure for each of the four most recent calendar quarters; or
( ii ) Has: ( A ) For a U.S. bank holding company or a U.S. intermediate holding company, less than $100 billion in total consolidated assets for each of the four most recent calendar quarters; or
( B ) For a foreign banking organization, less than $100 billion in combined U.S. assets for each of the four most recent calendar quarters;
( iii ) Meets the criteria in paragraph (b) of this section to be a global systemically important BHC; or
( iv ) Meets the criteria in paragraph (c)(1) of this section to be a Category II banking organization.
( e ) *Category IV.* ( 1 ) A banking organization is a Category IV banking organization if the banking organization: ( i ) Is not global systemically important BHC;
( ii ) Is not a Category II banking organization;
( iii ) Is not a Category III banking organization; and
( iv ) Has: ( A ) For a U.S. bank holding company or a U.S. intermediate holding company, average total consolidated assets of $100 billion or more; or
( B ) For a foreign banking organization, average combined U.S. assets of $100 billion or more.
( 2 ) After meeting the criteria in paragraph (e)(1), a banking organization continues to be a Category IV banking organization until the banking organization: ( i ) Has: ( A ) For a U.S. bank holding company or a U.S. intermediate holding company, less than $100 billion in total consolidated assets for each of the four most recent calendar quarters;
( B ) For a foreign banking organization, less than $100 billion in combined U.S. assets for each of the four most recent calendar quarters;
( ii ) Meets the criteria in paragraph (b) of this section to be a global systemically important BHC;
( iii ) Meets the criteria in paragraph (c)(1) of this section to be a Category II banking organization; or
( iv ) Meets the criteria in paragraph (d)(1) of this section to be a Category III banking organization.
[84 FR 59099, Nov. 1, 2019]