Wyo. Code R. 021-0002-1
Banking Division
Chapter 1: Chartered State Banks
Effective Date: 07/07/1992 to 08/05/1999
Rule Type: Superceded Rules & Regulations
Reference Number: 021.0002.1.07071992
Section 1. Authority. The State Banking Commissioner, pursuant to the authority delegated by Section 13-3-704, Wyoming Statutes 1977, prescribes the rules for carrying out provisions of Title 13, Wyoming Statutes, 1977.
Section 2. Surplus Accounts. The Surplus Account of a state chartered bank shall be considered as permanent capital and shall not be decreased except to sustain a loss in excess of its undivided profits or reserve for loan losses or conversion to paidup capital stock, and then only when authorized by the State Banking Commissioner.
Section 3. Lease Financing. Every bank authorized to carry on the business under the provisions of Title 13, Wyoming Statutes 1977, may become the owner and lessor of personal property acquired upon the specific request and for the use of a customer, and may incur such additional obligations as may be incident to becoming an owner and lessor of such property. These transactions are not subject to the lending limitations set forth in Section 13-3-402, Wyoming Statutes 1977. The aggregate of such leases to any one individual firm, company, or corporation shall not exceed 10 per centum of the capital paid in and the surplus fund of such bank.
Section 4. Fees for Supervision of Banks, Computation and Submission of Semi-annual Fee.
(a) Authority. The regulations contained in Chapter 1, Section 4, Rules and Regulations of the State Banking Commissioner, State of Wyoming, are promulgated in accordance with W.S. 13-3-702 (c), W.S. 13-3-704, and the Wyoming Administrative Procedure Act, W.S. 16-3-101 through 16-3-115.
(b) Scope. The regulations contained herein shall apply to all State Banks chartered under the laws of the State of Wyoming and the schedule of fees contained herein shall supersede the schedule of fees contained in W.S. 13-3-702 (b) pursuant to the authority vested in the State Banking Commissioner by W.S. 13-3-702 (c).
(c) Fees, Method of Computation, and Terms of Submission Established. The State Banking Commissioner shall collect from every state bank for supervision of said bank an amount regulated by the total resources of such bank, as of reports of condition at the end of June and December of each year. The fees for all banks shall be based upon the total resources as follows:
| $ -0- to $1,500,000 | .001190 of total assets |
|---|---|
| $ 1,500,001 to $15,000,000 | $1,785.00 plus .00014875 of the excess over $1,500,000 |
| $15,000,001 to $25,000,000 | $3,793.15 plus .00014280 of the excess over $15,000,000 |
| $25,000,001 to $50,000,000 | $5,221.15 plus .00011900 of the excess over $25,000,000 |
| $50,000,001 to $75,000,000 | $8,196.15 plus .00010710 of the excess over $50,000,000 |
|---|---|
| $75,000,001 to $150,000,000 | $10,873.65 plus .00008925 of the excess over $75,000,000 |
| $150,000,001 to $500,000,000 | $17,567.40 plus .00006545 of and over the excess over $150,000,000 |
(d) The fees set forth herein may be adjusted from time to time by amendment to this regulation issued by the State Banking Commissioner as authorized by W.S. 13-3-702 (c), and W.S. 13-3-704, and in accordance with the Wyoming Administrative Procedure Act, W.S. 16-3-101 through 16-3-115, to assure consistency with the cost of supervision and supervisory fees paid by national banks. Each state bank shall, not later than the last day of January and July, compute the semi-annual supervisory fee based upon the report of condition next preceding, on forms provided; and submit the report together with payment to the State Banking Commissioner.