# 12 C.F.R. § 303.205 (2026): Applications for bonuses and increased compensation for senior executive officers

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_205

## Section

- **Citation:** 12 C.F.R. § 303.205 (2026)
- **Heading:** Applications for bonuses and increased compensation for senior executive officers
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 12 CFR: Banks and Banking / Chapter III: FEDERAL DEPOSIT INSURANCE CORPORATION / Part 303: FILING PROCEDURES / Subpart K: Prompt Corrective Action / § 303.205: § 303.205   Applications for bonuses and increased compensation for senior executive officers.

## Text

(a)
Scope.
Any insured State nonmember bank, insured State savings association, or insured branch of a foreign bank that is significantly or critically undercapitalized, or any insured State nonmember bank, any insured State savings association, or any insured branch of a foreign bank that is undercapitalized and which has failed to submit or implement in any material respect an acceptable capital restoration plan, shall submit an application to pay a bonus or increase compensation for any senior executive officer.
(b)
Content of filing.
Applications shall list each proposed bonus or increase in compensation, and for the latter shall identify compensation for each of the twelve calendar months preceding the calendar month in which the institution became undercapitalized. Applications also shall state the date the institution's capital restoration plan was accepted by the FDIC, and describe any progress made in implementing the plan.
[67 FR 79247, Dec. 27, 2002, as amended at 86 FR 8097, Feb. 3, 2021]

## Nearby sections

- [12 C.F.R. § 303.200 (2026) § 303.200   Scope.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_200.md)
- [12 C.F.R. § 303.201 (2026) § 303.201   Filing procedures.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_201.md)
- [12 C.F.R. § 303.202 (2026) § 303.202   Processing.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_202.md)
- [12 C.F.R. § 303.203 (2026) § 303.203   Applications for capital distributions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_203.md)
- [12 C.F.R. § 303.204 (2026) § 303.204   Applications for acquisitions, branching, and new lines of business.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_204.md)
- [12 C.F.R. § 303.205 (2026) § 303.205   Applications for bonuses and increased compensation for senior executive officers.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_205.md)
- [12 C.F.R. § 303.206 (2026) § 303.206   Application for payment of principal or interest on subordinated debt.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_206.md)
- [12 C.F.R. § 303.207 (2026) § 303.207   Restricted activities for critically undercapitalized institutions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_207.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_205. Check the current official text before relying on it. Not legal advice.