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Title 12

SECTION 628.300

628.300 Transitions.

§ 628.300 Transitions.

(a) Capital conservation buffer. (1) [Reserved]

(2) Beginning January 1, 2017 through December 31, 2019 a System institution's maximum capital conservation buffer payout ratio must be determined as set forth in Table 1 to § 628.300.

Table 1 to § 628.300

Transition Period	Capital conservation buffer	Maximum payout ratio (as a percentage of eligible retained income)
Calendar year 2017	>0.625 percent	No limitation.
	≤0.625 percent, and >0.469 percent	60 percent.
	≤0.469 percent, and >0.313 percent	40 percent.
	≤0.313 percent, and >0.156 percent	20 percent.
	≤0.156 percent	0 percent.
Calendar year 2018	>1.25 percent	No limitation.
	≤1.25 percent, and >0.938 percent	60 percent.
	≤0.938 percent, and >0.625 percent	40 percent.
	≤0.625 percent, and >0.313 percent	20 percent.
	≤0.313 percent	0 percent.
Calendar year 2019	>1.875 percent	No limitation.
	≤1.875 percent, and >1.406 percent	60 percent.
	≤1.406 percent, and >0.938 percent	40 percent.
	≤0.938 percent, and >0.469 percent	20 percent.
	≤0.469 percent	0 percent.

(b)-(e) [Reserved]