Unless defined otherwise in this section, words and terms used
in this subchapter that are defined in Finance Code, §31.002,
have the same meanings as defined in the Finance Code. The following
words and terms, when used in this subchapter, have the following
meanings unless the context clearly indicates otherwise:
(1) Asset pledge--The total amount of assets a foreign
bank must deposit and pledge to the banking commissioner and maintain
on deposit at all times.
(2) Call Report--The FFIEC quarterly, consolidated
report of assets and liabilities of United States branches and agencies
of foreign banks, currently reported on FFIEC 002.
(3) Depository--An unaffiliated, FDIC-insured state
or national bank in Texas, or a federal reserve bank.
(4) FFIEC--The Federal Financial Institutions Examination
Council.
(5) Foreign bank--A foreign bank or foreign bank corporation,
as defined in Section 1(b)(7), International Banking Act (12 USC Section
3107(7)), that is licensed under Finance Code, Chapter 204, to establish
and maintain a Texas state branch or Texas state agency.
(6) ROCA--The rating system used by the Federal Reserve
Board, the Office of the Comptroller of the Currency, and state banking
regulatory authorities that measures risk management, operation controls,
compliance and asset quality and thereby determines the condition
of a foreign bank's branch or agency or commercial lending subsidiary
in the United States.
(7) Texas state branch--One or more branches established
and maintained in Texas by a foreign bank under a license issued pursuant
to Finance Code, Chapter 204. The term also includes a foreign bank
branch as referred to in subchapters B and C of this title (relating
to General state bank regulations and Foreign Bank Agencies, respectively).
(8) Texas state agency--One or more agencies established
and maintained in Texas by a foreign bank under a license issued pursuant
to Finance Code, Chapter 204. The term also includes a foreign bank
agency as referred to in subchapters B and C of this title (relating
to General state bank regulations and Foreign Bank Agencies, respectively).
(9) Nonrelated deposit liabilities--The liabilities
to nonrelated parties consisting of deposits and credit balances reported
in the Call Report in accordance with Call Report instructions, currently
reported on line 4.a. of Schedule RAL-Assets and Liabilities.
(10) Nonrelated other liabilities--The liabilities
to nonrelated parties, exclusive of nonrelated deposit liabilities,
reported in the Call Report in accordance with Call Report instructions,
currently reported on lines 4.b - 4.g. of Schedule RAL-Assets and
Liabilities. Nonrelated other liabilities include federal funds purchased
and sold under agreements to repurchase, other borrowed money, branch
or agency liability on acceptances executed and outstanding, trading
liabilities and other liabilities to nonrelated parties.
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