Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 12 - Banks and Banking |
Chapter VI - Farm Credit Administration |
SubChapter B - Farm Credit System |
Part 628 - Xxx |
Subpart G - Transition Provisions |
§ 628.300 - Transitions.
Latest version.
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§ 628.300 Transitions.
(a) Capital conservation buffer.
(1) [Reserved]
(2) Beginning January 1, 2017 through December 31, 2019 a System institution's maximum capital conservation buffer payout ratio must be determined as set forth in Table 1 to § 628.300.
Table 1 to § 628.300
Transition Period Capital conservation buffer Maximum
payout ratio
(as a percentage of eligible retained
income)Calendar year 2017 >0.625 percent No limitation. ≤0.625 percent, and >0.469 percent 60 percent. ≤0.469 percent, and >0.313 percent 40 percent. ≤0.313 percent, and >0.156 percent 20 percent. ≤0.156 percent 0 percent. Calendar year 2018 >1.25 percent No limitation. ≤1.25 percent, and >0.938 percent 60 percent. ≤0.938 percent, and >0.625 percent 40 percent. ≤0.625 percent, and >0.313 percent 20 percent. ≤0.313 percent 0 percent. Calendar year 2019 >1.875 percent No limitation. ≤1.875 percent, and >1.406 percent 60 percent. ≤1.406 percent, and >0.938 percent 40 percent. ≤0.938 percent, and >0.469 percent 20 percent. ≤0.469 percent 0 percent. (b)-(e) [Reserved]