Section 252.5 - Categorization of banking organizations(a)General.(1) A U.S. bank holding company with average total consolidated assets of $100 billion or more must determine its category among the four categories described in paragraphs (b) through (e) of this section at least quarterly.(2) A U.S. intermediate holding company with average total consolidated assets of $100 billion or more must determine its category among the three categories described in paragraphs (c) through (e) of this section at least quarterly.(3) A foreign banking organization with average total consolidated assets of $100 billion or more and average combined U.S. assets of $100 billion or more must determine its category among the three categories described in paragraphs (c) through (e) of this section at least quarterly.(b)Global systemically important BHC. A banking organization is a global systemically important BHC if it is identified as a global systemically important BHC pursuant to 12 CFR 217.402 .(c)Category II.(1) A banking organization is a Category II banking organization if the banking organization: (i) Has:(A)(1) For a U.S. bank holding company or a U.S. intermediate holding company, $700 billion or more in average total consolidated assets;(2) For a foreign banking organization, $700 billion or more in average combined U.S. assets; or(B)(1) $75 billion or more in average cross-jurisdictional activity; and(2)(i) For a U.S. bank holding company or a U.S. intermediate holding company, $100 billion or more in average total consolidated assets; or(ii) For a foreign banking organization, $100 billion or more in average combined U.S. assets; and(ii) Is not a global systemically important BHC.(2) After meeting the criteria in paragraph (c)(1) of this section, a banking organization continues to be a Category II banking organization until the banking organization: (i) Has:(A)(1) For a U.S. bank holding company or a U.S. intermediate holding company, less than $700 billion in total consolidated assets for each of the four most recent calendar quarters; or(2) For a foreign banking organization, less than $700 billion in combined U.S. assets for each of the four most recent calendar quarters; and(B) Less than $75 billion in cross-jurisdictional activity for each of the four most recent calendar quarters;(ii) Has: (A) For a U.S. bank holding company or a U.S. intermediate holding company, less than $100 billion in total consolidated assets for each of the four most recent calendar quarters;(B) For a foreign banking organization, less than $100 billion in combined U.S. assets for each of the four most recent calendar quarters; or(iii) Meets the criteria in paragraph (b) to be a global systemically important BHC.(d)Category III.(1) A banking organization is a Category III banking organization if the banking organization: (i) Has:(A)(1) For a U.S. bank holding company or a U.S. intermediate holding company, $250 billion or more in average total consolidated assets; or(2) For a foreign banking organization, $250 billion or more in average combined U.S. assets; or(B)(1)(i) For a U.S. bank holding company or a U.S. intermediate holding company, $100 billion or more in average total consolidated assets; or(ii) For a foreign banking organization, $100 billion or more in average combined U.S. assets; and(2) At least: (i) $75 billion in average total nonbank assets;(ii) $75 billion in average weighted short-term wholesale funding; or(iii) $75 billion in average off-balance sheet exposure;(ii) Is not a global systemically important BHC; and(iii) Is not a Category II banking organization.(2) After meeting the criteria in paragraph (d)(1) of this section, a banking organization continues to be a Category III banking organization until the banking organization: (i) Has:(A)(1) For a U.S. bank holding company or a U.S. intermediate holding company, less than $250 billion in total consolidated assets for each of the four most recent calendar quarters; or(2) For a foreign banking organization, less than $250 billion in combined U.S. assets for each of the four most recent calendar quarters;(B) Less than $75 billion in total nonbank assets for each of the four most recent calendar quarters;(C) Less than $75 billion in weighted short-term wholesale funding for each of the four most recent calendar quarters; and(D) Less than $75 billion in off-balance sheet exposure for each of the four most recent calendar quarters; or(ii) Has: (A) For a U.S. bank holding company or a U.S. intermediate holding company, less than $100 billion in total consolidated assets for each of the four most recent calendar quarters; or(B) For a foreign banking organization, less than $100 billion in combined U.S. assets for each of the four most recent calendar quarters;(iii) Meets the criteria in paragraph (b) of this section to be a global systemically important BHC; or(iv) Meets the criteria in paragraph (c)(1) of this section to be a Category II banking organization.(e)Category IV.(1) A banking organization is a Category IV banking organization if the banking organization: (i) Is not global systemically important BHC;(ii) Is not a Category II banking organization;(iii) Is not a Category III banking organization; and(iv) Has: (A) For a U.S. bank holding company or a U.S. intermediate holding company, average total consolidated assets of $100 billion or more; or(B) For a foreign banking organization, average combined U.S. assets of $100 billion or more.(2) After meeting the criteria in paragraph (e)(1), a banking organization continues to be a Category IV banking organization until the banking organization:(i) Has: (A) For a U.S. bank holding company or a U.S. intermediate holding company, less than $100 billion in total consolidated assets for each of the four most recent calendar quarters;(B) For a foreign banking organization, less than $100 billion in combined U.S. assets for each of the four most recent calendar quarters;(ii) Meets the criteria in paragraph (b) of this section to be a global systemically important BHC;(iii) Meets the criteria in paragraph (c)(1) of this section to be a Category II banking organization; or(iv) Meets the criteria in paragraph (d)(1) of this section to be a Category III banking organization.84 FR 59099, Nov. 1, 2019