§ 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.