There Is a Newer Version of the Ohio Revised Code
  1. 2025 Ohio Rev. Code
  2. 2024 Ohio Rev. Code
  3. 2023 Ohio Rev. Code
  4. 2011 Ohio Rev. Code (here)
  5. View All Versions
View Our Newest Version Here

2011 Ohio Revised Code
Title [11] XI FINANCIAL INSTITUTIONS
Chapter 1107: BANKS - CAPITAL AND SECURITIES
1107.03 Evaluating adequacy of bank's capital.

Universal Citation:
OH Rev Code § 1107.03
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

No bank shall operate without adequate capital as determined by the superintendent of financial institutions. In evaluating the adequacy of a bank’s capital, the superintendent may consider any of the following:

(A) The nature and volume of the bank’s business;

(B) The amount, nature, quality, and liquidity of the bank’s assets;

(C) The amount and nature of the bank’s liabilities, including those that are not presently due or are contingent;

(D) The amount and nature of the bank’s fixed costs;

(E) The history of and prospects for the bank to earn and retain income;

(F) The quality of the bank’s operations;

(G) The quality of the bank’s management;

(H) The nature and quality of the bank’s ownership;

(I) Any other factor the superintendent finds to be relevant under the circumstances.

Effective Date: 01-01-1997

Disclaimer: These codes may not be the most recent version. Ohio may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.