{"data":{"id":"us/12-cfr-238.10","jurisdiction":"us","citation":"12 CFR 238.10","heading":"Categorization of banking organizations.","body":"(a) General. A banking organization with average total consolidated assets of $100 billion or more must determine its category among the three categories described in paragraphs (b) through (d) of this section at least quarterly.\n(b) Category II. (1) A banking organization is a Category II banking organization if the banking organization has:\n(i) $700 billion or more in average total consolidated assets; or\n(ii)(A) $75 billion or more in average cross-jurisdictional activity; and\n(B) $100 billion or more in average total consolidated assets.\n(2) After meeting the criteria in paragraph (b)(1) of this section, a banking organization continues to be a Category II banking organization until the banking organization has:\n(i)(A) Less than $700 billion in total consolidated assets for each of the four most recent calendar quarters; and\n(B) Less than $75 billion in cross-jurisdictional activity for each of the four most recent calendar quarters; or\n(ii) Less than $100 billion in total consolidated assets for each of the four most recent calendar quarters.\n(c) Category III. (1) A banking organization is a Category III banking organization if the banking organization:\n(i) Has:\n(A) $250 billion or more in average total consolidated assets; or\n(B) $100 billion or more in average total consolidated assets and at least:\n(1) $75 billion in average total nonbank assets;\n(2) $75 billion in average weighted short-term wholesale funding; or\n(3) $75 billion in average off-balance sheet exposure; and\n(ii) Is not a Category II banking organization.\n(2) After meeting the criteria in paragraph (c)(1) of this section, a banking organization continues to be a Category III banking organization until the banking organization:\n(i) Has:\n(A) Less than $250 billion in total consolidated assets for each of the four most recent calendar quarters;\n(B) Less than $75 billion in total nonbank assets for each of the four most recent calendar quarters;\n(C) Less than $75 billion in weighted short-term wholesale funding for each of the four most recent calendar quarters; and\n(D) Less than $75 billion in off-balance sheet exposure for each of the four most recent calendar quarters; or\n(ii) Has less than $100 billion in total consolidated assets for each of the four most recent calendar quarters; or\n(iii) Meets the criteria in paragraph (b)(1) of this section to be a Category II banking organization.\n(d) Category IV. (1) A banking organization with average total consolidated assets of $100 billion or more is a Category IV banking organization if the banking organization:\n(i) Is not a Category II banking organization; and\n(ii) Is not a Category III banking organization.\n(2) After meeting the criteria in paragraph (d)(1) of this section, a banking organization continues to be a Category IV banking organization until the banking organization:\n(i) Has less than $100 billion in total consolidated assets for each of the four most recent calendar quarters;\n(ii) Meets the criteria in paragraph (b)(1) of this section to be a Category II banking organization; or\n(iii) Meets the criteria in paragraph (c)(1) of this section to be a Category III banking organization.","path":["Title 12—Banks and Banking","CHAPTER II—FEDERAL RESERVE SYSTEM","SUBCHAPTER A—BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM","PART 238—SAVINGS AND LOAN HOLDING COMPANIES (REGULATION LL)","Subpart A—General Provisions"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"1f832bb4b2b5221dd3fcc246ddeb1bad30337a3eab821bead5c348b8247c734a","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-238.9","next":"us/12-cfr-238.11"},"notice":"GroundRules: Original legal text. Not legal advice."}