Summary: | The federal financial institution regulatory agencies (agencies) are issuing the attached Interagency Supervisory Guidance on Bargain Purchases and FDIC- and NCUA-Assisted Acquisitions to address supervisory considerations related to business combinations that result in bargain purchase gains and the impact such gains have on the acquisition approval process. Approval of an acquisition may be conditioned on the acquiring institution's commitment to maintain specified levels of capital to address the risk of significant retrospective adjustments to the bargain purchase gain or other risks. |
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Additional Related Topics:
- • FDIC Regulations Governing Filing Procedures for Merger Transactions, 12 CFR Part 303, Subpart D
- • Statement of Policy on Bank Merger Transactions
- • Statement of Policy on Qualifications for Failed Bank Acquisitions