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.
Call Report means the Consolidated Report of Condition and Income.
Covered institution means a $10 to $50 billion covered institution or an over $50 billion covered institution.
Federal savings association has the same meaning as in 12 U.S.C. 1813(b)(2).
Over $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 not less than $50 billion.
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.
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.