---
kind: "section"
citation: "12 C.F.R. § 628.63"
title: "12"
number: "628.63"
heading: "Disclosures."
url: "https://uscodex.org/cfr/12/628.63"
---

# §628.63. Disclosures.

- (a) Except as provided in [§ 628.62](/cfr/12/628.62.md), a System bank must make the disclosures described in Tables 1 through 10 of this section. The System bank must make these disclosures publicly available for each of the last 3 years (that is, 12 quarters) or such shorter period beginning on January 1, 2017.
- (b) A System bank must publicly disclose each quarter the following:
  - (1) CET1 capital, tier 1 capital, and total capital ratios, including all the regulatory capital elements and all the regulatory adjustments and deductions needed to calculate the numerator of such ratios;
  - (2) Total risk-weighted assets, including the different regulatory adjustments and deductions needed to calculate total risk-weighted assets;
  - (3) [Reserved]
  - (4) A reconciliation of regulatory capital elements using month-end balances as they relate to its balance sheet in any applicable audited consolidated financial statements. The reconciliation must include a statement that compliance with the regulatory capital requirements outlined in [subpart B](/cfr/12/subpartB.md) of this part is determined using average daily balances for the most recent 3 months.
- (c) **General qualitative disclosure requirement.** For each separate risk area described in tables 5 through 10 of this section, the System bank must describe its risk management objectives and policies, including: Strategies and processes; the structure and organization of the relevant risk management function; the scope and nature of risk reporting and/or measurement systems; policies for hedging and/or mitigating risk and strategies and processes for monitoring the continuing effectiveness of hedges/mitigants.

## Notes

### Amendments

[81 FR 49779, July 28, 2016, as amended at 86 FR 54360, Oct. 1, 2021; 87 FR 27493, May 9, 2022; 89 FR 25130, Apr. 10, 2024]

### Authority

Authority: Secs. 1.5, 1.7, 1.10, 1.11, 1.12, 2.2, 2.3, 2.4, 2.5, 2.12, 3.1, 3.7, 3.11, 3.25, 4.3, 4.3A, 4.9, 4.14B, 4.25, 5.9, 5.17, 8.0, 8.3, 8.4, 8.6, 8.8, 8.10, 8.12 of the Farm Credit Act (12 U.S.C. 2013, 2015, 2018, 2019, 2020, 2073, 2074, 2075, 2076, 2093, 2122, 2128, 2132, 2146, 2154, 2154a, 2160, 2202b, 2211, 2243, 2252, 2279aa, 2279aa-3, 2279aa-4, 2279aa-6, 2279aa-8, 2279aa-10, 2279aa-12); sec. 301(a), Pub. L. 100-233, 101 Stat. 1568, 1608 as amended by sec. 301(a), Pub. L. 103-399, 102 Stat 989, 993 (12 U.S.C. 2154 note); sec. 939A, Pub. L. 111-203, 124 Stat. 1326, 1887 (15 U.S.C. 78o-7 note).

### Source

Source: 81 FR 49779, July 28, 2016, unless otherwise noted.

### Amendments

[81 FR 49779, July 28, 2016, as amended at 86 FR 54360, Oct. 1, 2021; 87 FR 27493, May 9, 2022; 89 FR 25130, Apr. 10, 2024]