|
SARC Decisions
(1995 -- 2007) |
|
Case No. & Date
|
Subject Matter |
|
1995 |
|
SARC-95-01 -
07/14/1995 |
Appeal of apparent violations of Part 323 (Appraisals), State chattel property
laws, and assessment that the ALLL is inadequate. |
|
SARC-95-02 -
07/17/1995 |
Appeal of the CAMELS composite rating. |
|
SARC-95-03 -
08/25/1995 |
Appeal of a Call Report amendment requiring certain compensation paid to
non-officer directors to be reported as dividends rather than bonuses. |
|
SARC-95-04 -
10/04/1995 |
Appeal of the Consumer Compliance and the Community Reinvestment Act (CRA)
ratings. |
|
SARC-95-05 -
10/18/1995 |
Appeal of the CRA rating. |
|
SARC-95-06 -
10/19/1995 |
Appeal of the Consumer Compliance rating. |
|
SARC-95-07
- 11/08/1995 |
Appeal of the formula classification of credit card receivables in
accordance with the Uniform Policy for Classification of Consumer
Installment Credit based on Delinquency Status. |
|
SARC-95-08
- 12/19/1995 |
Appeal of the CRA rating. |
|
1996 |
|
SARC-96-01 -
02/29/1996 |
Appeal of the CAMELS composite rating. |
|
SARC-96-02 -
02/29/1996 |
Appeal of an Other Real Estate (ORE) classification and continuance of
the Cease and Desist Order. |
|
SARC-96-03 -
03/22/1996 |
Appeal of apparent violations of Regulation O. |
|
SARC-96-04 -
06/26/1996 |
Appeal of the CRA rating. |
|
SARC-96-05 -
09/27/1996 |
Appeal of the assessment that the ALLL methodology is inadequate. |
|
SARC-96-06
- 12/06/1996 |
Appeal of the CRA rating. |
|
SARC-96-07
- 12/06/1996 |
Appeal of the CRA rating. |
|
1997 |
|
SARC-97-01 -
09/15/1997 |
Appeal of the CAMELS component ratings for capital, asset quality,
liquidity, and management; the CAMELS composite rating; certain
adversely classified assets; apparent violations of the Bank Secrecy Act
(BSA) and Part 323 (Appraisals). |
|
SARC-97-02 -
09/19/1997 |
Appeal of the determination that subject preferred stock should be
excluded from Tier 1 Capital. |
|
SARC-97-03 -
09/19/1997 |
Appeal of the CAMELS component ratings of asset quality and management;
CAMELS composite rating; certain adversely classified assets; and
assessment that the ALLL methodology is inadequate. |
|
SARC-97-03b -
10/10/1997 |
Appeal of apparent violations
of Regulation Z (Truth in Lending); pattern or practice of violations. |
|
SARC-97-04
- 12/04/1997 |
Appeal of an apparent violation of Regulation Z (Truth in Lending) and
corresponding restitution. |
|
1998 |
|
SARC-98-01 -
02/26/1998 |
Appeal of the CAMELS component ratings for capital, asset quality,
management, earnings, and sensitivity to market risk; CAMELS composite
rating; certain loan and ORE classifications, and continuance of a Cease
and Desist Order. |
|
SARC-98-02 -
03/12/1998 |
Appeal of the CAMELS component ratings of capital, liquidity, and
sensitivity to market risk; CAMELS composite rating; and initiation of a
Memorandum of Understanding. |
|
SARC-98-03 -
06/02/1998 |
Appeal of the CRA rating. |
|
SARC-98-04 -
06/02/1998 |
Appeal of apparent violations of Regulation Z (Truth in Lending). |
|
SARC-98-05 -
07/17/1998 |
Appeal of the Information Systems composite rating and the Year 2000
assessment. |
|
SARC-98-06 -
07/28/1998 |
Appeal of an apparent violation of Regulation Z (Truth in Lending). |
|
SARC-98-07 -
09/22/1998 |
Appeal of Appeal of the CAMELS component rating of management, CAMELS
composite rating, and continuance of a Memorandum of Understanding. |
|
1999 |
|
SARC-99-01 -
02/04/1999 |
Appeal of the CAMELS component rating of management and CAMELS composite
rating. |
|
SARC-99-02 -
02/04/1999 |
Appeal of the CRA rating and certain Compliance examination findings. |
|
SARC-99-03 -
05/12/1999 |
Appeal of the CAMELS component ratings for capital, asset quality,
management, earnings, and sensitivity to market risk; CAMELS composite
rating; adverse loan and ORE classifications, apparent violation of Part
362 (Bank Activities), and continuance of the Cease and Desist Order. |
|
SARC-99-04 -
08/09/1999 |
Appeal of the CAMELS component ratings for capital and earnings, adverse
classification of a finance company's entire loan portfolio, and
assessment that the ALLL methodology and balance are inadequate. |
|
SARC-99-05 -
09/13/1999 |
Appeal of the CRA rating. |
|
SARC-99-06
- 11/24/1999 |
Appeal of the Trust component ratings of management and compliance, and
apparent violation of regulations governing the bank's employee stock
ownership plan. |
|
SARC-99-07 -
12/10/1999 |
Appeal of the CAMELS component ratings for asset quality, management,
liquidity, and sensitivity to market risk; CAMELS composite rating;
apparent violation of Part 309 (Disclosure); and "troubled institution"
designation. |
|
2000 |
|
SARC-2000-01 - 05/23/2000 |
Appeal of apparent violations of Regulation Z (Truth in Lending). |
|
SARC-2000-02 -
12/01/2000 |
Appeal of the CAMELS component ratings for management and capital,
CAMELS composite rating, adverse classification of the subprime credit
card portfolio, assessment that the ALLL is inadequate, apparent
violations of Part 323 (Appraisals) and the BSA, and the determination
of inadequate internal controls. |
|
SARC-2000-03 -
12/15/2000 |
Appeal of the CAMELS component ratings for management, liquidity, and
sensitivity to market risk; and CAMELS composite rating. |
|
SARC-2001-01 - 05/22/2001 |
Appeal of the CAMELS component ratings for management, earnings,
sensitivity to market risk, and asset quality; and CAMELS composite
rating. |
|
2001 |
|
SARC-2001-01 - 05/22/2001 |
Appeal of the CAMELS component ratings for management, earnings,
sensitivity to market risk, and asset quality; and CAMELS composite
rating. |
|
SARC-2001-02 - 08/03/2001 |
Appeal of CAMELS component ratings for management and capital; CAMELS
composite rating; adverse classification of the subprime credit card
portfolio, assessment that the ALLL was inadequate, apparent violations
of Part 323 (Appraisals) and the BSA; and finding that certain internal
controls were inadequate. |
|
2002 |
|
SARC-2002-01 - 05/02/2002 |
Appeal of the CAMELS component ratings for capital, asset quality,
management, earnings, liquidity, and sensitivity to market risk; and
CAMELS composite rating. |
|
2003 |
|
SARC-2003-01
- 10/14/2003 |
Appeal of the CAMELS component ratings for capital, asset quality, and
management; CAMELS composite rating; subprime designation of the credit
card portfolio; substandard classification of residual interests; and
"troubled condition" designation. |
|
SARC-2003-02 -
11/04/2003 |
Appeal of the examination findings that the bank, through its
subsidiary, engaged in a pattern of practice or "overt discrimination." |
|
SARC-2003-03 -
12/31/2003 |
Appeal of the CAMELS component ratings for asset quality and earnings;
CAMELS composite rating; determination that Call Report amendments are
required to properly reflect "other than temporary impairment" of equity
securities; and adverse classification of certain assets. |
|
2004 |
|
SARC-2004-01 - 01/04/2004 |
Appeal of adverse loan classifications. |
|
SARC-2004-02 - 04/12/2004 |
Appeal of the CAMELS component ratings for asset quality and management;
and CAMELS composite rating. |
|
SARC-2004-03 - 06/15/2004 |
Appeal of CAMELS component ratings for capital, asset quality, and
management; CAMELS composite rating; and adverse loan classifications. |
|
2005 |
|
SARC-2005-01 - 08/05/2005 |
Appeal of Asset
Quality and Management Component Ratings and Composite Rating. |
|
SARC-2005-02 - 08/31/2005 |
Appeal of
Consumer Compliance Rating and Composite CRA Rating. |
|
SARC-2005-03 -
11/10/2005 |
Appeal of
Supervisory Determination Regarding the Development and Validation of a
Credit Scoring Model. |
|
SARC-2005-04 -
12/28/2005 |
Appeal of Component and Composite ratings |
|
2006 |
|
SARC-2006-01 -
11/14/2006 |
Appeal of Component and Composite ratings |
|
2007 |
|
SARC-2007-01 -
09/05/2007 |
Appeal of Component and
Composite ratings |
|
SARC-2007-02 -
03/10/2008 |
Appeal of Compliance
Report of Examination |
|
SARC-2007-03
- 03/10/2008 |
Appeal of Compliance
and CRA Ratings |
|
SARC-2007-04
- 05/02/2008 |
Appeal of Compliance
and CRA Ratings |
