23 CAR § 320-2401. Healthy bank

(a) A “healthy bank” is defined as an institution meeting all of the following criteria: (1) Received a composite rating of 1 or 2 under the Uniform Financial Institutions Rating System (CAMELS) as a result of its most recent commercial bank examination; (2) Received a satisfactory or better Community Reinvestment Act rating from its primary federal regulator at its most recent examination; (3) Received a compliance rating of 1 or 2 from its primary federal regulator at its most recent examination; (4) Is well capitalized as defined in the appropriate capital rule and guidance of the institution’s primary federal regulator; (5) Is not subject to a cease and desist order, consent order, prompt corrective action directive, written agreement, memorandum of understanding, or board resolution with its primary federal regulator or chartering authority; and (6) Have no major unresolved supervisory issues outstanding or other significant concerns (as determined by the Bank Commissioner). (b)(1) Only a healthy bank is eligible to file an expedited branch application. (2) If any one (1) of the listed criteria is not met, a standard branch application must be filed.