Capital Ratio
Despite a deficit in the settlement of accounts for the term, on March 31, 2001 the Bank recorded a capital ratio, without issuing subordinated loans, of 10.17% on a consolidated basis and 10.12% on a non-consolidated basis.
The ratio of Tier 1 capital, which represents the fundamental portion of capital, was 8.65% on a consolidated basis and 8.59% on a non-consolidated basis, exceeding the 8% standard required for a sound bank.
We adopted domestic standards that are applied to banks without overseas branches as of the interim term ended September 30, 1999.
Loans Disclosure According to
Financial Reconstruction Law Standards |
| Million of yen |
| Unrecoverable |
¥37,369 |
| Risk |
43,750 |
| Special-attention |
23,368 |
| Subtotal (A) |
104,487 |
| Unclassified (B) |
1,418,126 |
| Total (A)+(B) |
1,522,613 |
| |
|
Coverage of Claims Classified Under
Financial Reconstruction Law Standards
|
| Million of yen |
Total coverage (D)
|
¥90,122 |
Reserve for loan losses
|
36,420 |
Specific reserve for loan losses
|
— |
Collateral or other guarantees
|
53,702 |
| Coverage ratio (D)/(A) |
86.25% |
|
Non—Performing Assets
In accordance with the Financial Manual, issued by the Financial Services Agency, the Bank conducted strict write-offs of non-performing loans and made provisions to reserves for possible loan losses. As a result, the Bank’s Unrecoverable Loans amounted to ¥37,369 million (US$301.6 million). Risk Loans came to ¥43,750 million (US$353.1 million), and Special-Attention Loans came to ¥23,368 million (US$188.6 million). Thus, the total for all non-performing claims was ¥104.4 billion (US$842.6 million), or 6.86% of all claims, which is below the national average for regional banks.
The portion of these claims covered by reserves for possible loan losses and collateral or guarantees was ¥90.1 billion (US$727.1 million), representing a high-level coverage ratio of 86.25%. The portion not covered was ¥14.3 billion (US$115.4 million), but there was sufficient coverage in that the Bank held a total of ¥135.9 billion (US$1,096.8 million) in shareholders’ equity on a non-consolidated basis.
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