text: *Banks*. The Federal Deposit Insurance Corporation Improvement Act of 1991, or FDICIA established five 
  capital tiers with respect to depository institutions: “well-capitalized,” “adequately capitalized,” “undercapitalized,” 
  “significantly undercapitalized,” and “critically undercapitalized.” A depository institution’s capital tier will depend 
  upon where its capital levels are in relation to various relevant capital measures, including (1) risk-based capital 
  measures, (2) a leverage ratio capital measure and (3) certain other factors. Regulations establishing the specific 
  capital tiers provide that a “well-capitalized” institution will have a total risk-based capital ratio of ten percent or 
  greater, a Tier 1 risk-based capital ratio of six percent or greater, and a Tier 1 leverage ratio of five percent or 
  greater, and not be subject to any written regulatory enforcement agreement, order, capital directive or prompt 
  corrective action derivative. For an institution to be “adequately capitalized,” it will have a total risk-based capital 
  ratio of eight percent or greater, a Tier 1 risk-based capital ratio of four percent or greater, and a Tier 1 leverage ratio 
  of four percent or greater (in some cases three percent). For an institution to be “undercapitalized,” it will have a 
  total risk-based capital ratio that is less than eight percent, a Tier 1 risk-based capital ratio less than four percent or a 
  Tier 1 leverage ratio less than four percent (or a leverage ratio less than three percent if the institution is rated 
  composite 1 in its most recent report of examination, subject to appropriate federal banking agency guidelines). For 
  an institution to be “significantly undercapitalized,” it will have a total risk-based capital ratio less than six percent, 
  a Tier 1 risk-based capital ratio less than three percent, or a Tier 1 leverage ratio less than three percent. For an 
  institution to be “critically undercapitalized,” it will have a ratio of tangible equity to total assets equal to or less than 
  two percent. FDICIA requires federal banking agencies to take “prompt corrective action” against depository 
  institutions that do not meet minimum capital requirements. Under current regulations, we were “well capitalized” 
  as of December 31, 2002. 