Numerator
| Equity | Risk Weights |
|---|---|
Equity Undivided earnings |
Risk Weights 100% |
Equity Regular reserves |
Risk Weights 100% |
Equity Appropriations for non-conforming investments |
Risk Weights 100% |
Equity Other reserves |
Risk Weights 100% |
Equity Equity acquired in merger |
Risk Weights 100% |
Equity Net income |
Risk Weights 100% |
| Additions | Risk Weights |
|---|---|
Additions Allowance for credit losses |
Risk Weights 100% (no cap) |
Additions Subordinated debt in accordance with §702.407 |
Risk Weights 100% |
Additions Section 208 assistance included in net worth as defined in §702.2 |
Risk Weights 100% |
| Deductions | Risk Weights |
|---|---|
Deductions NCUSIF capitalization deposit |
Risk Weights -100% |
Deductions Goodwill (less excluded goodwill) |
Risk Weights -100%1 |
Deductions Other intangible assets (less excluded other intangible assets) |
Risk Weights -100%1 |
Deductions Identified losses not reflected in the RBC numerator |
Risk Weights -100% |
Deductions Mortgage servicing assets in excess of 25% of RBC numerator (carry value) |
Risk Weights -100% |
Denominator
| Cash or Deposits in Financial Institutions | Risk Weights |
|---|---|
Cash or Deposits in Financial Institutions Cash, currency and coin, including vault, ATM, and teller cash |
Risk Weights 0% |
Cash or Deposits in Financial Institutions Insured balances at FDIC-insured depositories or FICUs |
Risk Weights 0% |
Cash or Deposits in Financial Institutions Uninsured balances at FDIC-insured depositories, FICUs, and balances at privately-insured CUs |
Risk Weights 20% |
Cash or Deposits in Financial Institutions Balances due from uninsured institutions or deposits not risk-weighted 0% or 20% |
Risk Weights 100% |
Investments
| Securities | Risk Weights |
|---|---|
Securities Direct unconditionally guaranteed obligations of U.S. (government, central bank, agency) |
Risk Weights 0%2 |
Securities Obligations of supranational entities and multilateral development banks |
Risk Weights 0% |
Securities Conditionally guaranteed obligations of U.S. (government, central bank, agency) |
Risk Weights 20%3,4 |
Securities Obligations of GSEs other than equity or preferred stock |
Risk Weights 20%3,4 |
Securities Securities issued by PSEs that represent general obligation securities |
Risk Weights 20% |
Securities Part 703-compliant securities holding only 0% or 20% risk weight investments |
Risk Weights 20% |
Securities Securities issued by PSEs in the U.S. that represent revenue obligation securities |
Risk Weights 50%4 |
Securities Other non-U.S. government agency or non-GSE guaranteed RMBS |
Risk Weights 50%3,4 |
Securities Industrial development bonds |
Risk Weights 100% |
Securities Interest-only MBS strips |
Risk Weights 100% |
Securities Part 703-compliant investment securities |
Risk Weights 100%5 |
Securities Corporate debentures and commercial paper |
Risk Weights 100% |
Securities GSE equity exposure or preferred stock |
Risk Weights 100% |
Securities Non-subordinated tranche of any investment security |
Risk Weights 100%6 |
Securities Publicly-traded equity investments (non-CUSO) |
Risk Weights 100% or 300% |
Securities Investment securities not compliant with Part 703 |
Risk Weights 300%5 |
Securities Subordinated tranche of any investment security |
Risk Weights 1,250%6 |
| Other Investments | Risk Weights |
|---|---|
Other Investments Federal Reserve Bank stock and Central Liquidity Facility stock |
Risk Weights 0% |
Other Investments Part 703-compliant funds holding only 0% or 20% risk weight investments (non-security) |
Risk Weights 20% |
Other Investments Federal Home Loan Bank stock |
Risk Weights 20% |
Other Investments Part 703-compliant investment funds (non-security) |
Risk Weights 100%5 |
Other Investments Corporate non-perpetual capital (membership capital) |
Risk Weights 100% |
Other Investments Charitable donation accounts |
Risk Weights 100% |
Other Investments Corporate perpetual capital (paid-in capital) |
Risk Weights 100%7 or 150% |
Other Investments Equity investments in CUSOs |
Risk Weights 150% |
Other Investments Investment funds not compliant with Part 703 (non-security) |
Risk Weights 300%5 |
Other Investments Non-publicly traded equity investment (non-CUSO) |
Risk Weights 100% or 400% |
Other Investments Subordinated tranche of any investment fund (non-security) |
Risk Weights 1,250%6 |
Other Investments Non-security beneficial interests (includes CEIO equity tranche of securitization) |
Risk Weights 1,250% |
Loans
| First Liens | Risk Weights |
|---|---|
First Liens Current 1st-lien residential real estate loans < 35% of assets |
Risk Weights 50%8 |
First Liens Current 1st-lien residential real estate loans > 35% of assets |
Risk Weights 75%8 |
First Liens Non-current 1st-lien residential real estate |
Risk Weights 100% |
| Junior Liens | Risk Weights |
|---|---|
Junior Liens Current junior real estate loans < 20% of assets |
Risk Weights 100%8 |
Junior Liens Current junior real estate loans > 20% of assets |
Risk Weights 150%8 |
Junior Liens Non-current junior real estate loans |
Risk Weights 150% |
| Consumer Loans | Risk Weights |
|---|---|
Consumer Loans Share-secured loans (deposits held in-house) |
Risk Weights 0% |
Consumer Loans Share-secured loans (deposits held in another financial institution) |
Risk Weights 20% |
Consumer Loans Government-guaranteed portion of loan balances |
Risk Weights 20% |
Consumer Loans Current secured, non-guaranteed consumer loans |
Risk Weights 75% |
Consumer Loans Current unsecured, non-guaranteed consumer loans |
Risk Weights 100% |
Consumer Loans Non-current consumer loans |
Risk Weights 150% |
| Commercial Loans | Risk Weights |
|---|---|
Commercial Loans Paycheck Protection Program loans |
Risk Weights 0% |
Commercial Loans Commercial loan balances secured by compensating balances |
Risk Weights 20% |
Commercial Loans Current commercial loans < 50% of assets |
Risk Weights 100%9 |
Commercial Loans Current commercial loans > 50% of assets |
Risk Weights 150%9 |
Commercial Loans Non-current commercial loans |
Risk Weights 150% |
Other Assets
| Denominator Deductions | Risk Weights |
|---|---|
Denominator Deductions NCUSIF capitalization deposit |
Risk Weights 0%10 |
Denominator Deductions Goodwill |
Risk Weights 0%10 |
Denominator Deductions Other intangible assets (excludes mortgage servicing assets) |
Risk Weights 0%10 |
Denominator Deductions Mortgage servicing assets in excess of 25% of RBC numerator (carry value) |
Risk Weights 0%10 |
| Other Assets | Risk Weights |
|---|---|
Other Assets Loans to CUSOs (unconsolidated only) |
Risk Weights 100% |
Other Assets General account permanent insurance |
Risk Weights 100% |
Other Assets All other assets listed on the statement of financial condition without a specified risk |
Risk Weights 100% |
Other Assets Equity investments in CUSOs (unconsolidated only) |
Risk Weights 100%11 or 150% |
Other Assets Mortgage servicing assets up to 25% of RBC numerator (carry value) |
Risk Weights 250% |
Other Assets Separate account insurance |
Risk Weights 300%12 |
Other Assets Subordinated tranche of any investment classified as other assets |
Risk Weights 1,250%13 |
Off-Balance Sheet Exposures
| Loans Transferred | Credit Conversion Factors / Risk Weights |
|---|---|
Loans Transferred 1st-lien residential real estate loans transferred with recourse |
Credit Conversion Factors / Risk Weights 100% / 50% |
Loans Transferred Junior-lien real estate, commercial loans, and all other unsecured loans transferred with recourse |
Credit Conversion Factors / Risk Weights 100% / 100% |
Loans Transferred All other secured consumer loans transferred with recourse |
Credit Conversion Factors / Risk Weights 100% / 75% |
Loans Transferred Loans transferred to FHLB under the Mortgage Partnership Finance Program |
Credit Conversion Factors / Risk Weights 20% / 50% |
| Commitments | Credit Conversion Factors / Risk Weights |
|---|---|
Commitments Conditionally cancelable unfunded commercial loan commitments |
Credit Conversion Factors / Risk Weights 50% / 100% |
Commitments Conditionally cancelable unfunded 1st-lien residential real estate loan commitments |
Credit Conversion Factors / Risk Weights 10% / 50% |
Commitments Conditionally cancelable unfunded junior-lien real estate loan commitments |
Credit Conversion Factors / Risk Weights 10% / 100% |
Commitments Conditionally cancelable unfunded secured consumer loans |
Credit Conversion Factors / Risk Weights 10% / 75% |
Commitments Conditionally cancelable unfunded unsecured consumer loans |
Credit Conversion Factors / Risk Weights 10% / 100% |
| Other Off-Balance Sheet Exposures | Credit Conversion Factors / Risk Weights |
|---|---|
Other Off-Balance Sheet Exposures Financial standby letters of credit |
Credit Conversion Factors / Risk Weights 100% / 100% |
Other Off-Balance Sheet Exposures Forward agreements that are not derivative contracts |
Credit Conversion Factors / Risk Weights 100% / 100% |
Other Off-Balance Sheet Exposures Sold credit protection through guarantees |
Credit Conversion Factors / Risk Weights 100% / 100% |
Other Off-Balance Sheet Exposures Sold credit protection through credit derivatives |
Credit Conversion Factors / Risk Weights 100%14 |
Other Off-Balance Sheet Exposures Off-balance sheet securitization exposures |
Credit Conversion Factors / Risk Weights 100% / 100% or Gross-up or 1,250% |
Other Off-Balance Sheet Exposures Off-balance sheet securities borrowing/lending and repurchase transactions |
Credit Conversion Factors / Risk Weights 100% / 100%14 |
Other Off-Balance Sheet Exposures Other off-balance sheet exposures not listed (meeting definition of commitments) |
Credit Conversion Factors / Risk Weights 100% / 100% |
Other Off-Balance Sheet Exposures Over-the-counter or centrally-cleared derivatives |
Credit Conversion Factors / Risk Weights 15 |
Footnotes
1 Special handling for allowing goodwill and other intangibles related to supervisory mergers incurred prior to 2015.
2 Exclude detached security coupons and ex-coupon securities.
3 Exclude interest only.
4 Non-subordinated.
5 Option of using the look-through approach.
6 Option of using gross-up approach.
7 Subject to the non-significant equity exposure measure.
8 Includes 1- to 4-family, non-owner occupied real estate loans.
9 Excludes 1- to 4-family, non-owner occupied 1st- or junior-lien real estate loans and any loans secured by a personal use vehicle.
10 Deducted from the RBC denominator.
11 Subject to the non-significant equity exposure measure.
12 Option of using the look-through approach.
13 Option of using gross-up approach.
14 Alternatively, as defined by 12 CFR 324.
15 Risk weight determined by factors such as product type, maturity, and collateral type.