Right Column
Calculate Your Assessment - Commercial Banks
Banks, Foreign Banks and Trust Companies
The 2008-09 assessment base rate for banks, foreign banks and trust companies has been set at $1.41. Invoices were mailed to each licensee on June 30, 2008 and become delinquent if not paid by July 21, 2008. The statutory maximum rate is $2.20 per thousand dollars of total assets.
How to Calculate Your Assessment - Commercial Banks: PDF | Word
Column A |
Column B |
Column C |
Column D |
Column E |
Column F |
| Tier | If assets are greater than: | But less than: | Pay the maximum amount from the previous tier: | Plus this percent of the base rate for those assets greater than the amount in Column B | Which is obtained by multiplying those assets greater than the amount in Column B by this amount |
| 1 | 0 | 2,000,000 | 0 | 100.00% | 0.00141000 |
| 2 | 2,000,000 | 20,000,000 | 2,820 | 50.00% | 0.00070500 |
| 3 | 20,000,000 | 100,000,000 | 15,510 | 12.00% | 0.00016920 |
| 4 | 100,000,000 | 200,000,000 | 29,046 | 6.25% | 0.000088125 |
| 5 | 200,000,000 | 1,000,000,000 | 37,859 | 6.00% | 0.00008460 |
| 6 | 1,000,000,000 | 2,000,000,000 | 105,539 | 4.00% | 0.00005640 |
| 7 | 2,000,000,000 | 6,000,000,000 | 161,939 | 3.50% | 0.00004935 |
| 8 | 6,000,000,000 | 20,000,000,000 | 359,339 | 3.00% | 0.00004230 |
| 9 | 20,000,000,000 | 40,000,000,000 | 951,539 | 2.5% | 0.00003525 |
| 10 | 40,000,000,000 | + | 1,665,539 | 1.5% | 0.00002115 |