Risk Management Manual of Examination Policies - FDIC

FDIC 6510/10 (02-2002)
TABLE OF CONTENTS
This Report of Investigation consists of three major sections: Conclusions and Recommendations; Assessment; and Other Information. Investigating
examiners should refer to the FDIC Statement of Policy on Applications for Deposit Insurance and Part 303 Subpart B – Deposit Insurance, of the
Rules and Regulations for guidance. In considering applications for deposit insurance for a proposed depository institution, the FDIC must evaluate
each application in relation to the factors prescribed in section 6 of the FDI Act. In general, the application will receive deposit insurance if all the
statutory factors plus the considerations required by the National Historic Preservation Act and the National Environmental Policy Act of 1969 are
resolved favorably.
CONCLUSIONS AND RECOMMENDATIONS
Investigation Report Conclusions and Recommendations.................................................................................................................. 1
ASSESSMENT
Financial History and Condition......................................................................................................................................................... 3
Adequacy of the Capital Structure.................................................................................................................................................... 11
Future Earnings Prospects ................................................................................................................................................................ 15
General Character of the Management ............................................................................................................................................. 19
Risk to the Funds .............................................................................................................................................................................. 33
Convenience and Needs of the Community to be Served................................................................................................................. 34
Consistency of Corporate Powers..................................................................................................................................................... 36
OTHER
Other Pertinent Information.............................................................................................................................................................. 37
Investigation Report Summary ......................................................................................................................................................... 42