CrossFirst Bankshares(CFB) - 2023 Q4 - Annual Report

Safe and Sound Banking Practices Bank holding companies must consult with the Federal Reserve before redeeming any equity or other capital instrument included in tier 1 or tier 2 capital prior to stated maturity, if such redemption could have a material effect on the level or composition of the organization's capital base. In addition, bank holding companies are unable to repurchase shares equal to 10% or more of their net worth if they would not be wellcapitalized (as defined by the Federal Reserve) after ...