Skip Header

Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Home > Regulation & Examinations > Laws & Regulations > FDIC Federal Register Citations

FDIC Federal Register Citations

First Texas Bancorp
From: []
Sent: Monday, June 13, 2005 12:25 PM
To: Comments
Subject: Commercial credit rating system

Mr. Robert Feldman,
I want to take this opportunity to comment on the proposed changes and reserve allotments to the ALLL. This is a bad idea for community banks. There may be some need to evaluate on par the largest banks for Basel II purposes but extending this to all banks is in my opinion not sound public policy. We are a State chartered group of institutions and have come to believe in the specific allocation method of reserving with general reserve over and above specific allocations. We take comfort in our examiners both at FDIC and State affirming this reserve level. Please, do not change this methodology to something far more arbitrary.
Gary L. Nelon
First Texas Bancorp, Inc.


Last Updated 06/14/2005

Skip Footer back to content