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WeLuvSubprime Bank was undercapitalized on 9/30/20, when it had total assets of $500 million. On 12/31/20, it was still undercapitalized, and it had total assets
WeLuvSubprime Bank was undercapitalized on 9/30/20, when it had total assets of $500 million. On 12/31/20, it was still undercapitalized, and it had total assets of $530 million. Did the bank violate FDIC regulations regarding its total assets in the fourth quarter of the year? Yes No
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