§ 46.2 - Definitions.

§ 46.2 Definitions.

Cross Reference

Link to an amendment published at 84 FR 54475, Oct. 10, 2019.

For purposes of this part, the following definitions apply:

$10 to $50 billion covered institution means a national bank or Federal savings association with average total consolidated assets, calculated as required under this part, that are greater than $10 billion but less than $50 billion.

$50 billion or over covered

Call Report means the Consolidated Report of Condition and Income.

Covered institution means a national bank or Federal savings association with average total consolidated assets, calculated as required under this part, that are

not less

greater than

$50 billion.

Call Report means the Consolidated Report of Condition and Income.

Covered institution means a $10 to $50 billion covered institution or a $50 billion or over covered institution.

$250 billion.

Federal savings association has the same meaning as in 12 U.S.C. 1813(b)(2).

Planning horizon means a set period of time over which the impact of the scenarios is assessed.

Pre-provision net revenue means the sum of net interest income and non-interest income less expenses before adjusting for loss provisions.

Reporting year means the calendar year in which a covered institution must conduct, report, and publish its stress test.

Scenarios means sets of conditions that affect the U.S. economy or the financial condition of a covered institution that the OCC annually determines are appropriate for use in the stress tests under this part, including, but not limited to, baseline , adverse, and severely adverse scenarios.

Stress test means a process to assess the potential impact of scenarios on the consolidated earnings, losses, and capital of a covered institution over the planning horizon, taking into account the covered institution's current condition, risks, exposures, strategies, and activities.

[77 FR 61246, Oct. 9, 2012, as amended at 83 FR 7953, Feb. 23, 2018; 84 FR 54475, Oct. 10, 2019]