§ 58-1-41. Supervision fees

A. Each state bank shall annually pay to the director a supervision fee. The amount of the supervision fee paid by each state bank is computed as follows, based upon assets as of December 31: If the bank's total assets are-- The assessment is-- Over-- But not over-- This amount-- Plus-- Of excess over-- (Thousand) (Thousand) (Thousand) --0-- 30,000 --0-- .000210 --0-- 30,000 60,000 6,300 .000182 30,000 60,000 100,000 11,745 .000168 60,000 100,000 150,000 18,465 .000158 100,000 150,000 200,000 26,340 .000147 150,000 200,000 33,690 .000143 200,000. B. The fee shall be paid on or before the March 1 following the asset computation. For failure to pay the supervision fee when due, unless excused for cause by the director, the bank shall pay to the division one hundred dollars ($100) for every day of its delinquency. C. The director may proscribe lower supervision fees by regulation. In determining the amounts of the lower fees, the director may use criteria other than total assets of banks.