With regard to the [MPR] related Basel III capital standards, while the proposed rules are not final we performed a preliminary analysis under several scenarios and determined that our capital levels are still well in excess of the proposed guidelines. As we manage capital going forward we are obviously in a wait and see period until the new capital guidelines are finalized. Once those guidelines are finalized we will perform a thorough analysis to determine whether or not our stated thresholds are still appropriate.Total class by assets continued to improve, declining for the seventh consecutive quarter, and are down $9.1 million or 5.9% compared to the linked quarter; and down $39.2 million or 21% compared to June 30, 2011. Net charge offs related to uncovered loans totaled $6.8 million or 93 basis points of average loan balances during the quarter, a slight increase over the linked quarter.
First Financial Bancorp's CEO Discusses Q2 2012 Results - Earnings Call Transcript
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