If the department determines that the order is necessary for the protection of depositors, the department may issue an order under AS 06.01.030 to require a state bank to increase its capital accounts or to reduce its deposits. In making a decision whether to issue an order under this section, the department shall consider the
(1) quality of management;
(2) quality and liquidity of assets;
(3) history of earnings and retention of earnings;
(4) quality and character of ownership;
(5) potential volatility of deposit structure;
(6) quality and cost of bank operations; and
(7) capacity to meet present and future needs of the area served, considering the bank's competition.
Section: Previous 06.05.300 06.05.301 06.05.305 06.05.307 06.05.310 06.05.315 06.05.320 06.05.325 06.05.327 06.05.330 06.05.335 06.05.340 06.05.342 06.05.344 06.05.345 NextLast modified: November 15, 2016