AmSouth Bank
2000 Annual Report
AmSouth Bancorporation and Subsidiaries
Notes to Consolidated Financial Statements
The following table presents the weighted-average remaining life as of December 31, 2000, for options outstanding within the stated exercise price ranges.  
Outstanding Exercisable
Exercise Price Number of Weighted-Average Weighted-Average Number of Weighted-Average
Range Per Share Options Exercise Price Remaining Life Options Exercise Price
$ 3.17 - $ 4.31  277,059  $ 3.94  0.93 years 277,059  $ 3.94 
4.94 - 6.82  345,678  5.99  2.42 years 345,678  5.99 
7.42 - 10.85  1,725,470  8.91  3.63 years 1,725,470  8.91 
11.48 - 17.10  9,274,532  15.48  8.32 years 2,255,426  13.76 
17.19 - 25.63  3,936,478  22.86  8.22 years 2,979,645  22.58 
26.32 - 32.92  1,085,580  28.69  7.95 years 1,085,580  28.69 
AmSouth also has issued common stock as restricted stock awards to key officers with the restriction that they remain employed with AmSouth for periods of three years or longer. The following table summarizes AmSouth’s restricted stock grants and the weighted average fair values at grant date:
2000 
1999 
1998 
Shares granted 75,412  797,012  1,312,636 
Weighted-average fair value of restricted
stock granted during the year $ 15.50  $ 24.97  $ 24.33 

At December 31, 2000, there were no stock appreciation rights outstanding.

In addition, effective January 1, 1997, AmSouth adopted the 1997 Performance Incentive Plan (PI Plan). The PI Plan permits the granting of cash-based, long-term incentive opportunities.

The amounts that may be earned depend on the extent to which predetermined performance goals are achieved. To date, there have been two sets of grants under the plan, both of which have been paid. Currently, there are no grants outstanding under this plan.
NOTE 18–REGULATORY CAPITAL REQUIREMENTS AND RESTRICTIONS
Capital is the primary tool used by regulators to monitor the financial health of insured banks and savings institutions. The Federal Reserve Board and the Federal Deposit Insurance Corporation have historically had similar capital adequacy guidelines involving minimum leverage capital and risk-based capital requirements. Under the capital adequacy guidelines and the regulatory framework for prompt corrective action, AmSouth and its banking subsidiary must meet specific capital guidelines that involve quantitative measures of their assets, liabilities and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Based on the risk-based capital rules and definitions prescribed by the banking regulators, should an institution’s capital ratios decline below predetermined levels, it would become subject to a series of increasingly restrictive regulatory actions. AmSouth and its subsidiary bank are required to have core capital (Tier 1) of at least 4 percent of risk-weighted assets, total capital of 8 percent of risk-weighted assets and a leverage ratio of 3 percent of adjusted quarterly average assets.