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#298250 - 01/04/05 10:52 PM Capitalization Policy
litmachog Offline
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litmachog
Joined: Apr 2004
Posts: 83
Arkansas
I am at a holding company of approximately 1.3 million involving three banks. There is discrepancy with the three banks of what their capitalization policy is. One bank says thier threshhold is $500 and the other two are $2,500. We are working on a consolidated fixed asset policy. I am wondering what other banks policy is. If you could identify your threshhold and your bank size for comparison, I would really appreciate it.

Thank you very much and God bless.
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Audit
#298251 - 01/05/05 01:15 AM Re: Capitalization Policy
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 77,591
Galveston, TX
I think that you might want to ask this of your external accounting (CPA) firm for a recommendation. There are usually different limits set for different types of assets.
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