Transcription of Chapter 5 – Prompt Corrective Action
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Prompt Corrective Action Chapter 5 Formal and Informal Enforcement Actions Manual Chapter 5 Prompt Corrective Action federal Deposit insurance corporation (11-2019) Chapter 5 Prompt Corrective Action Prompt Corrective Action 5-1 Purpose of PCA 5-1 Capital Categories 5-1 Community Bank Leverage Ratio 5-2 Mandatory and Other Discretionary Supervisory Actions 5-3 Provisions Applicable to all FDIC Supervised Institutions 5-3 Provisions Applicable to IDIs that are less than Adequately Capitalized 5-3 Provisions Applicable to IDIs that are Significantly Undercapitalized or Critically Undercapitalized.
PROMPT CORRECTIVE ACTION Chapter 5 Formal and Informal Enforcement Actions Manual Chapter 5 – Prompt Corrective Ac tion Federal Deposit Insurance Corporation 5-1 (11-2019) Prompt Corrective Action Section 38 of the FDI Act authorizes the FDIC to take PCA against IDIs based on their capital levels. The actions may include the following:
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