The E-mail Banking News
(Bank Regulatory News)
September 2012

September 28, 2012 - Old Plank Trail Community Bank, National Association, New Lenox, Illinois, Assumes All of the Deposits of First United Bank, Crete, Illinois - First United Bank, Crete, Illinois, was closed today by the Illinois Department of Financial and Professional Regulation - Division of Banking, which appointed the Federal Deposit Insurance Corporation as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Old Plank Trail Community Bank, National Association, New Lenox, Illinois, to assume all of the deposits of First United Bank. www.fdic.gov/news/news/press/2012/pr12113.html

September 28, 2012 - FDIC Makes Public August Enforcement Actions; No Administrative Hearings Scheduled for October 2012 - The Federal Deposit Insurance Corporation today released a list of orders of administrative enforcement actions taken against banks and individuals in August. No administrative hearings are scheduled for October 2012. www.fdic.gov/news/news/press/2012/pr12112.html

September 28, 2012 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart data update.   www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

September 28, 2012 - Federal Reserve publishes quarterly data for discount window lending and open market transactions.   www.federalreserve.gov/newsevents/press/monetary/20120928a.htm
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September 28, 2012 - The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in August. No administrative hearings are scheduled for October 2012. http://www.fdic.gov/news/news/press/2012/pr12112.html

September 27, 2012 - What Have We Learned about Asset Price Bubbles? - Chicago Fed Letter evaluates what is now known about asset bubbles and whether they can (or should) be managed in the public interest. www.chicagofed.org/digital_assets/publications/chicago_fed_letter/2012/cflnovember2012_304.pdf

September 27, 2012 - Mortgage Performance Improved from a Year Ago, OCC Report Says - The overall quality of first-lien mortgages serviced by large national and federal savings banks improved from the same period a year ago but showed seasonal decline from the prior quarter, according to a report released today by the Office of the Comptroller of the Currency.  www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-136.html

September 27, 2012 - St. Louis Fed President James Bullard Will Speak at Economics Club of Memphis.  www.stlouisfed.org/newsroom/displayNews.cfm?article=1535

September 27, 2012 - Household Debt Service and Financial Obligations Ratios.  www.federalreserve.gov/releases/housedebt/default.htm

September 27, 2012 - Federal Reserve Board announces termination of enforcement actions with America's Community Bank and First Capital West Bankshares, Inc. www.federalreserve.gov/newsevents/press/enforcement/20120927a.htm

September 27, 2012 - NCUA - Fryzel: Understand Member Needs and Provide Least-Cost, Highest-Quality Service - National Credit Union Administration Board Member Michael E. Fryzel today highlighted the importance of credit unions understanding the needs of their members during his address at the Combined Council of America’s Credit Unions’ 31st Annual Conference. www.ncua.gov/News/Pages/NW20120927FryzelCCACU.aspx

September 26, 2012 - Fed's Evans Addresses Indiana Business Group - Chicago Fed President Charles Evans gave a speech September 26 about national economic conditions and the appropriate monetary policy response to members of the Lakeshore Chamber of Commerce during their 8th annual business expo. www.chicagofed.org/webpages/publications/speeches/2012/09_26_12_hammond.cfm

September 26, 2012 - OCC Publishes Insights Report Covering How Banks Can Use Small Business Investment Companies to Expand Business - The Office of the Comptroller of the Currency today published the latest edition of its Community Developments Insights report entitled “Small Business Investment Companies: An Investment Option for Banks.”  www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-134.html

September 26, 2012 - FDIC Names Vogel New York Regional Director - The Federal Deposit Insurance Corporation today announced the appointment of John Vogel as Regional Director in New York. Until his promotion, Mr. Vogel had been serving in New York as Deputy Regional Director for Risk Management.  www.fdic.gov/news/news/press/2012/pr12110.html

September 26, 2012 - Agencies Reopen Comment Period on Swap Margin and Capital Proposed Rulemaking - Five federal agencies on Wednesday reopened the comment period on a proposed rule to establish margin and capital requirements for swap dealers, major swap participants, security-based swap dealers, and major security-based swap participants for which one of the agencies is the prudential regulator, as required by sections 731 and 764 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Press Release: www.federalreserve.gov/newsevents/press/bcreg/20120926a.htm
Press Release: www.fdic.gov/news/news/press/2012/pr12111.html
Press Release: www.occ.gov/news-issuances/news-releases/2012/nr-ia-2012-135.html 

September 25, 2012 - NCUA Sues Barclay’s Capital - Legal Action Is the Agency’s Seventh Against Wall Street Investment Firms - The National Credit Union Administration today filed suit in Federal District Court in Kansas against Barclay’s Capital, Inc. www.ncua.gov/News/Pages/NW20120925BarclaysLawsuit.aspx

September 25, 2012 - Call for Papers Deadline Now October 1 for 2013 Community Development Research Conference - Resilience and Rebuilding for Low-Income Communities: Research to Inform Policy and Practice - The Community Affairs Officers of the Federal Reserve System invite paper submissions for the eighth Federal Reserve Community Development Research Conference, to be held April 11-12, 2013, in Washington, D.C.   www.stlouisfed.org/newsroom/displayNews.cfm?article=1532

September 25, 2012 - New Classification System for Citing Violations in Reports of Examination - The FDIC's Division of Depositor and Consumer Protection has revised the classification system for citing violations identified during compliance examinations to better communicate to institutions the severity of violations and to provide more consistency in the classification of violations cited in Reports of Examination. www.fdic.gov/news/news/financial/2012/fil12041.html

September 25, 2012 - E.2 Survey of Terms of Business Lending.  www.federalreserve.gov/releases/e2/current/default.htm

September 25, 2012 - Federal Reserve Board issues enforcement action with VFSC, Inc., and termination of enforcement actions with Ames Community Bank.   www.federalreserve.gov/newsevents/press/enforcement/20120925a.htm

September 24, 2012 - Economic Activity Weakened in August - The Chicago Fed National Activity Index was -0.87 in August, down from -0.12 in July.   www.chicagofed.org/digital_assets/publications/cfnai/2012/cfnai_september2012.pdf

September 24, 2012 - NCUA Executive Director Marquis to Retire - Career Spanned More Than Three Decades, Brought “Innovative Solutions” - After 34 years of protecting the safety and soundness of the credit union industry, Executive Director David Marquis will retire at the end of this year, the National Credit Union Administration today announced. www.ncua.gov/News/Pages/NW20120924MarquisRetires.aspx

September 24, 2012 - Federal Deposit Insurance Corporation and Consumer Financial Protection Bureau Order Discover to Pay $200 Million Consumer Refund for Deceptive Marketing - Discover Pays Additional $14 Million Penalty for Deceptive Marketing of Credit Card 'Add-On Products' - Today, the Federal Deposit Insurance Corporation and the Consumer Financial Protection Bureau announced a joint public enforcement action with an order requiring Discover Bank to refund approximately $200 million to more than 3.5 million consumers and pay a $14 million civil money penalty.   www.fdic.gov/news/news/press/2012/pr12108.html

September 24, 2012 - Use of Financial Services by the Unbanked and Underbanked and the Potential for Mobile Financial Services Adoption -
Matthew B. Gross, Jeanne M. Hogarth, and Maximilian D. Schmeiser, of the Board’s Division of Consumer and Community Affairs prepared this article with assistance from Emily A. Andruska, Alice M. Cope, Andrew J. Daigneault, and Evann K. Heidersbach.  www.federalreserve.gov/pubs/bulletin/default.htm

September 24, 2012 - Agencies release a regulatory capital estimation tool to assist in assessing the potential effects of recently proposed regulatory capital rules - The federal banking regulatory agencies today announced the availability of a regulatory capital estimation tool to help community banking organizations and other interested parties evaluate recently published regulatory capital proposals.
Press Release: www.federalreserve.gov/newsevents/press/bcreg/20120924a.htm
Press Release: www.fdic.gov/news/news/press/2012/pr12109.html
Press Release: www.occ.gov/news-issuances/news-releases/2012/nr-ia-2012-133.html

September 21, 2012 - OCC Enforcement Actions - The Office of the Comptroller of the Currency today released new enforcement actions taken against national banks, federal savings associations, and individuals currently and formerly affiliated with national banks and federal savings associations. www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-132.html

September 21, 2012 - OCC Reports Second Quarter Trading Revenue of $2.0 Billion - Commercial banks and savings associations reported trading revenue of $2.0 billion in the second quarter of 2012, 69 percent lower than the first quarter of 2012, and 73 percent lower than in the second quarter of 2011, the Office of the Comptroller of the Currency reported today in the OCC's Quarterly Report on Bank Trading and Derivatives Activities. www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-131.html

September 21, 2012 - Janet Horlacher Joins St. Louis Fed’s Real Estate Industry Council.  www.stlouisfed.org/newsroom/displayNews.cfm?article=1526

September 21, 2012 - September Burgundy Book Shows Improving Economic Picture for Louisville Regional Economy.   www.stlouisfed.org/newsroom/displayNews.cfm?article=1528

September 21, 2012 - September Burgundy Book Shows Mixed Economic Picture for Little Rock Regional Economy.   www.stlouisfed.org/newsroom/displayNews.cfm?article=1527

September 21, 2012 - September Burgundy Book Shows Mixed Economic Picture for Memphis Regional Economy.   www.stlouisfed.org/newsroom/displayNews.cfm?article=1529

September 21, 2012 - FDIC Announces Asset Purchaser/Investor Outreach Workshops - The Federal Deposit Insurance Corporation is conducting a series of outreach workshops to provide information on how to invest in or purchase assets retained from failed financial institutions. The three workshops will be held in Chicago on September 27th, Los Angeles on October 2nd, and New York on October 16th. www.fdic.gov/news/news/press/2012/pr12107.html

September 21, 2012 - Statistical Release - G.20 Finance Companies.  www.federalreserve.gov/releases/g20/Current/

September 21, 2012 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart data update.   www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
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September 20, 2012 - Comptroller Addresses The Financial Services Roundtable - Comptroller of the Currency Thomas J. Curry gave a speech today before The Financial Services Roundtable. www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-130.html

September 20, 2012 - Federal Reserve Board announces termination of enforcement actions with Capital Community Bancorporation and Coconut Grove Bank.   www.federalreserve.gov/newsevents/press/enforcement/20120920a.htm

September 20, 2012 - NCUA Board Advances Regulatory Relief Measures at its Sept. 2012 Board Meeting Relief for Credit Unions.   www.ncua.gov/about/Pages/Board%20Actions/BAB20120920.aspx

September 20, 2012 - NCUA - Hyland to Depart NCUA Board - National Credit Union Administration Board Member Christiane Gigi Hyland today announced her resignation, effective Oct. 5. www.ncua.gov/News/Pages/NW20120920HylandDepartNCUA.aspx

September 19, 2012 - Deposit Insurance Coverage - Two New Deposit Insurance Resources Now Available - The FDIC has released two new resources to help bankers and depositors understand FDIC deposit insurance coverage: (1) FDIC’s most popular consumer brochure, Your Insured Deposits, is now available in a large- print version for visually impaired individuals; and (2) the new FDIC Deposit Insurance Coverage for Bankers, a self-paced, computer-based training moduletargeted to a banker audience, is now available in an interactive format on FDIC’s Web site, on DVD, and in a Portable Document Format www.fdic.gov/news/news/financial/2012/fil12040.html

September 19, 2012 - Structure and Share Data for U.S. Offices of Foreign Banks.  www.federalreserve.gov/releases/iba/201203/default.htm

September 18, 2012 - NCUA Increases Credit Union Flexibility - ?Business Loan Legal Opinion Redefines Number and Use of “Fleet” Vehicles - Credit unions now have more flexibility when working with members seeking loans for business vehicles, the National Credit Union Administration announced today. www.ncua.gov/News/Pages/NW20120918CUFlex.aspx

September 18, 2012 - National Experts To Address Financial Access Forum Oct. 24-25 at the St. Louis Fed - National experts in alternative financial access solutions and strategies will gather at the Federal Reserve Bank of St. Louis Oct. 24-25, 2012, to discuss current and future innovations to better serve unbanked and underbanked Americans. www.stlouisfed.org/newsroom/displayNews.cfm?article=1522

September 18, 2012 - The Federal Financial Institutions Examination Council today announced the availability of data on mortgage lending transactions at 7,632 U.S. financial institutions covered by the Home Mortgage Disclosure Act. 
Press Release: www.ffiec.gov/press/pr091812.htm
Press Release: www.ncua.gov/News/Pages/NW20120918FFIEC2011MtgLendData.aspx

September 18, 2012 - Banker Teleconference Series - Timely and Comprehensive Compliance Information and Insights from the FDIC - Staff from the FDIC's Division of Depositor and Consumer Protection is hosting several banker teleconferences during 2012 to maintain open lines of communication and update you and your staff on important banking regulatory and emerging issues in the compliance and consumer protection area. www.fdic.gov/news/news/financial/2012/fil12039.html

September 18, 2012 - The Mortgage Market in 2011: Highlights from the Data Reported under the Home Mortgage Disclosure Act.   www.federalreserve.gov/pubs/bulletin/2012/PDF/2011_HMDA.pdf

September 18, 2012 - Federal Reserve Board announces termination of enforcement action with First Financial Holding Co., Ltd., First Commercial Bank, Ltd., and First Commercial Bank Los Angeles Branch.  www.federalreserve.gov/newsevents/press/enforcement/20120918a.htm

September 17, 2012 - Industrial Cities Initiative: Working Paper Summary - Profitwise News and Views examines how industrial cities in the Midwest are responding to national and global economic changes. www.chicagofed.org/webpages/publications/profitwise_news_and_views/2012/pnv_aug2012.cfm

September 17, 2012 - How to Keep Markets Safe in the Era of High-Speed Trading - Recent technology-related snafus highlight the need for risk controls at every step of the trading process. www.chicagofed.org/digital_assets/publications/chicago_fed_letter/2012/cfloctober2012_303.pdf

September 17, 2012 - St. Louis Fed Will Host Students for National Financial Education Summit - About 25 high school students from Riverview Gardens High School will learn about economics during the Youth Financial Education Summit at the Federal Reserve Bank of Louis on Sept. 21. www.stlouisfed.org/newsroom/displayNews.cfm?article=1521

September 14, 2012 - Simmons First National Bank, Pine Bluff, Arkansas, Assumes All of the Deposits of Truman Bank, Saint Louis, Missouri - Truman Bank, Saint Louis, Missouri, was closed today by the Missouri Division of Finance, which appointed the Federal Deposit Insurance Corporation as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Simmons First National Bank, Pine Bluff, Arkansas, to assume all of the deposits of Truman Bank. www.fdic.gov/news/news/press/2012/pr12106.html

September 14, 2012 - NCUA - With NCUA Laptops, Small Credit Unions Become Greener, More Efficient - Donated Computers Allow for Online Filing; Improve Service, Efficiency - Fourteen small credit unions will be able to improve service and reduce their environmental footprints with new laptop computers provided by the National Credit Union Administration.  www.ncua.gov/News/Pages/NW20120914Laptops.aspx

September 14, 2012 - NCUA - Hyland Urges Credit Unions to "Remember the Mission" - National Credit Union Administration Board Member Gigi Hyland told credit union officials to “remember their straightforward mission” of serving members by offering safety and value. www.ncua.gov/News/Pages/NW20120914HylandNAFCU.aspx

September 14, 2012 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart data update.   www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

September 14, 2012 - Statistical Release - G.17 Industrial Production - Industrial production fell 1.2 percent in August after having risen 0.5 percent in July. Hurricane Isaac restrained output in the Gulf Coast region at the end of August, reducing the rate of change in total industrial production by an estimated 0.3 percentage point. Manufacturing output decreased 0.7 percent in August after having risen 0.4 percent in both June and July. www.federalreserve.gov/releases/g17/Current/
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September 13, 2012 - NCUA - Agenda for the 9/20/2012 NCUA Board Meeting is Available.  www.ncua.gov/about/Pages/Agendas/AG20120920.aspx

September 13, 2012 - St. Louis Fed President James Bullard Will Speak at University of Notre Dame.  www.stlouisfed.org/newsroom/displayNews.cfm?article=1519

September 13, 2012 - Federal Reserve issues FOMC statement - Information received since the Federal Open Market Committee met in August suggests that economic activity has continued to expand at a moderate pace in recent months. Growth in employment has been slow, and the unemployment rate remains elevated.  www.federalreserve.gov/newsevents/press/monetary/20120913a.htm

September 13, 2012 - The Federal Reserve Board and the Federal Open Market Committee on Thursday released the attached table and charts summarizing the economic projections and the target federal funds rate projections made by Federal Reserve Board members and Federal Reserve Bank presidents for the September 12-13 meeting of the Committee. www.federalreserve.gov/newsevents/press/monetary/20120913b.htm

September 13, 2012 - Federal Reserve Board issues enforcement actions and termination of enforcement action with Doral Financial Corporation and The State Bank of Geneva.  www.federalreserve.gov/newsevents/press/enforcement/20120913a.htm

September 12, 2012 - NCUA - Fryzel Urges NAFCU to “Take Another Step” - While addressing members of the National Association of Federal Credit Unions at their yearly Congressional Caucus, National Credit Union Administration Board Member Michael E. Fryzel urged the group to take another step and fully engage on legislative issues and in the upcoming congressional election. www.ncua.gov/News/Pages/NW201209FryzelNAFCU.aspx

September 12, 2012 - FDIC Advisory on Effective Credit Risk Management Practices for Purchased Loan Participations - Financial institutions purchase loan participations to achieve growth and earnings goals, diversify credit risk, and deploy excess liquidity. www.fdic.gov/news/news/financial/2012/fil12038.html

September 12, 2012 - FDIC Releases National Survey of Unbanked and Underbanked - FDIC's Committee on Economic Inclusion to Discuss Strategies to Expand Access - The Federal Deposit Insurance Corporation today released the results of its 2011 National Survey of Unbanked and Underbanked Households, the most comprehensive survey on the unbanked and underbanked in the United States. www.fdic.gov/news/news/press/2012/pr12105.html

September 11, 2012 - Oct. 1 Dialogue To Explore Robo-signing, the London Whale and Libor Rate-Rigging - The financial news headlines this past year have been dominated by stories about the ongoing impact of the "robo-signing" foreclosure practices of large mortgage servicers, revelations that a leading financial services firm incurred a multibillion-dollar trading loss in its London-based hedging operation and allegations that some of the world's most influential banks manipulated the London Interbank Offered Rate www.stlouisfed.org/newsroom/displayNews.cfm?article=1516

September 10, 2012 - NCUA - Matz to Host Free Town Hall Webinar - ?Register Now and Save the Date: Oct. 4 at 3 p.m. EDT - National Credit Union Administration Board Chairman Debbie Matz has scheduled a town hall webinar, open to the entire credit union industry, for Thursday, Oct. 4, beginning at 3 p.m. EDT. www.ncua.gov/News/Pages/NW20120910TownHallWebinar.aspx

September 10, 2012 - Kansas City Fed Research Examines Student Loan Debt - Over the last decade, student loan debt in the United States has grown at a rapid pace. Along with this growth in debt, default rates on student loans have also increased.   www.kc.frb.org/publicat/newsroom/2012pdf/press.release.09.10.12.pdf 

September 10, 2012 - Statistical Release - G.19 Consumer Credit - In July, total consumer credit decreased at a seasonally adjusted annual rate of 1-1/2 percent. Revolving credit decreased at an annual rate 6-3/4 percent, and nonrevolving credit increased at an annnual rate of 1 percent. www.federalreserve.gov/releases/g19/Current/ 

September 10, 2012 - Regulatory Reform - Communications with the public through September 10, 2012.   www.federalreserve.gov/newsevents/reform_meetings.htm

September 7, 2012 - Republic Bank & Trust Company, Louisville, Kentucky, Assumes All of the Deposits of First Commercial Bank, Bloomington, Minnesota - First Commercial Bank, Bloomington, Minnesota, was closed today by the Minnesota Department of Commerce, which appointed the Federal Deposit Insurance Corporation as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Republic Bank & Trust Company, Louisville, Kentucky, to assume all of the deposits of First Commercial Bank. www.fdic.gov/news/news/press/2012/pr12104.html

September 7, 2012 - St. Louis Fed To Host Neighborhood Business District Revitalization Audioconference on Sept. 13.   www.stlouisfed.org/newsroom/displayNews.cfm?article=1515

September 7, 2012 - FDIC Issues List of Banks Examined for CRA Compliance - The Federal Deposit Insurance Corporation today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act.  www.fdic.gov/news/news/press/2012/pr12103.html

September 7, 2012 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart data update.   www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
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September 6, 2012 - Update on Financial Conditions - The NFCI edged lower for the fourth consecutive week, while the ANFCI held
steady in the week ending August 31. www.chicagofed.org/webpages/research/data/nfci/background.cfm

September 6, 2012 - NCUA Files Suit Against UBS Securities - ?Firm Sold $1.1 Billion in Faulty Securities to Failed US Central, WesCorp;
Recoveries to Benefit All Federally Insured Credit Unions - The National Credit Union Administration has filed suit in Federal District Court in Kansas against UBS Securities, alleging the investment giant violated federal and state securities laws through misrepresentations in the sale of mortgage-backed securities to U.S. Central Federal Credit Union and Western Corporate Federal Credit Union.  www.ncua.gov/News/Pages/NW20120906UBSLawsuit.aspx

September 6, 2012 - St. Louis Fed Launches New Quarterly Ag Finance Survey: Drought Seen Tempering Expectations for Farm Income in Midwest, Mid-South - While a strong winter wheat crop and good spring growing conditions bolstered Midwest and Mid-South farm income expectations during first half of 2012, the summer drought has significantly lowered these expectations for the third quarter, according to a new quarterly agricultural finance survey launched today by the Federal Reserve Bank of St. Louis. www.stlouisfed.org/newsroom/displayNews.cfm?article=1513

September 6, 2012 - Federal Reserve Board announces termination of enforcement action against Rosholt Bancorporation, Inc. www.federalreserve.gov/newsevents/press/enforcement/20120906a.htm

September 5, 2012 - NCUA Quarterly U.S. Map Review Demonstrates State-by-State Differences - Analysis for Second Quarter Reflects Diversity of Economic Recovery - A new analysis from the National Credit Union Administration underscores that federally insured credit union performance at the state level often reflects local economic conditions in the states as the recovery continues. www.ncua.gov/News/Pages/NW20120905MapReview2Qtr.aspx

September 5, 2012 - OCC Names Ellen M. Warwick as Director for Enforcement and Compliance - The Office of the Comptroller of the Currency today announced the selection of Ellen M. Warwick as Director for Enforcement and Compliance. www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-129.html

September 5, 2012 - FDIC Advisory Committee to Discuss FDIC's Second National Survey of Unbanked and Underbanked Households, Safe Accounts and Mobile Banking - The Federal Deposit Insurance Corporation Advisory Committee on Economic Inclusion will meet on Wednesday, September 12, 2012, to discuss results of the FDIC's second National Survey of Unbanked and Underbanked Households that will be released at the meeting. www.fdic.gov/news/news/press/2012/pr12102.html

September 5, 2012 - International Relative Price Levels: A Look Under the Hood - Jaime Marquez, Charles Thomas, and Corinne Land - This paper examines the structure of international relative price levels using purchasing power parities (PPP) at the product-level from the 2005 World Bank’s International Comparison Program.  www.federalreserve.gov/pubs/ifdp/2012/1055/ifdp1055.pdf

September 5, 2012 - Statistical Release - Charge-Off and Delinquency Rates on Loans at Commercial Banks.   www.federalreserve.gov/releases/chargeoff/default.htm

September 5, 2012 - Supervision Manuals - Bank Holding Company Supervision Manual - These manuals are intended to provide guidance to supervisory personnel in planning and conducting inspections and are to be used in conjunction with other supervisory guidance and manuals. www.federalreserve.gov/boarddocs/supmanual/default.htm

September 5, 2012 - On Monday, September 10, 2012, the Federal Reserve will offer $3 billion in 28-day term deposits through its Term Deposit Facility. As noted in the Federal Reserve Board's September 8, 2010 release, this offering is part of ongoing small-value operations designed to provide eligible institutions with an opportunity to become familiar with term deposit operations. www.federalreserve.gov/newsevents/press/monetary/20120905a.htm

September 4, 2012 - OCC Releases CRA Evaluations for 29 National Banks and Federal Savings Associations - The Office of the Comptroller of the Currency today released a list of Community Reinvestment Act performance evaluations that became public during the period of August 1, 2012 through August 31, 2012. www.occ.gov/news-issuances/news-releases/2012/nr-occ-2012-128.html

September 4, 2012 - Effective Tax Rates and Measures of Business Size - Kevin B. Moore - This paper uses data from the Survey of Consumer Finances and the NBER TAXSIM model to estimate marginal and average tax rates for households that own businesses that are pass-thru entities. www.federalreserve.gov/pubs/feds/2012/201258/201258pap.pdf

September 4, 2012 - Expectations about the Federal Reserve's Balance Sheet and the Term Structure of Interest Rates - Jane Ihrig, Elizabeth Klee, Canlin Li, Brett Schulte, and Min Wei - This paper provides a systematic assessment of the effect of the Federal Reserve's asset purchase programs on Treasury yields, with particular emphasis on the role of market expectations about the evolution of the Federal Reserve's balance sheet and of interest rates on the impact of the programs.  www.federalreserve.gov/pubs/feds/2012/201257/201257pap.pdf

September 4, 2012 - The Federal Reserve's Balance Sheet: A Primer and Projections - Seth B. Carpenter, Jane E. Ihrig, Elizabeth C. Klee, Alexander H. Boote, and Daniel W. Quinn - Over the past few years, the Federal Reserve's use of unconventional monetary policy tools has led it to hold a large portfolio of securities.  www.federalreserve.gov/pubs/feds/2012/201256/201256pap.pdf