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OMB Control No: 3064-0189	ICR Reference No: 201901-3064-001
Status: Historical Inactive	Previous ICR Reference No: 201703-3064-008
Agency/Subagency: FDIC	Agency Tracking No:
Title: Annual Stress Test Reporting Templates and Documentation for Covered Banks with Total Consolidated Assets of $250 Billion or More under Dodd-Frank
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Comment filed on proposed rule and continue	Conclusion Date: 02/22/2019
Retrieve Notice of Action (NOA)	Date Received in OIRA: 01/16/2019
Terms of Clearance: Please highlight the convergance of the agencies to a unified methodology.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2021	36 Months From Approved	03/31/2021
Responses	5	0	5
Time Burden (Hours)	5,200	0	5,200
Cost Burden (Dollars)	0	0	0

Abstract: On October 15, 2012, the FDIC published in the Federal Register a final rule on annual stress testing (Annual Stress Test Rule) that is applicable to all state nonmember banks and state savings associations with over $10 billion in total consolidated assets (covered banks) pursuant to the requirements of section 165(i)(2) of the Dodd-Frank Act Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). The Office of the Comptroller of the Currency (OCC) and the Board of Governors of the Federal Reserve System (Board) issued annual stress test final rules for their regulated entities near in time to the FDIC’s Annual Stress Test Rule. The regulations across the Federal banking agencies are consistent and comparable as required by the Dodd-Frank Act. The Dodd-Frank Act stress testing requirements apply to all covered banks (those with over $10 billion in total consolidated assets), but the FDIC recognized that the stress tests conducted by covered banks with consolidated total assets of $50 billion or more would be applied to more complex portfolios, and therefore warranted a broader set of reports to adequately capture the results of the company-run stress tests. These reports necessarily required more detail than would be appropriate for smaller, less complex institutions. Therefore, in coordination with the other Federal banking agencies, the FDIC specified separate reporting templates: (1) for covered banks with total consolidated assets of greater than $10 billion and less than $50 billion (OMB Control Number 3064-0187) and (2) for covered banks with total consolidated assets of $50 billion or more (this ICR). The FDIC’s, the OCC’s, and Board’s Annual Stress Test Rules require their respective covered institutions with total consolidated assets of $50 billion or more to conduct annual stress tests and report on those tests to the relevant agency by March 31, 2016. The FDIC, OCC, and Board have coordinated the revisions to the reporting templates that the covered institutions in this category will use to report. The Federal Deposit Insurance Corporation (FDIC) proposes to issue a rule that would revise the FDIC’s requirements for stress testing by FDIC-supervised institutions, consistent with changes made by Section 401 of the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA). Specifically, the proposed rule would amend the FDIC’s existing stress testing regulations at 12 CFR Part 325 to change the minimum threshold for applicability from $10 billion to $250 billion, revise the frequency of required stress tests by FDIC-supervised institutions, and reduce the number of required stress testing scenarios from three to two. The NPR also proposes to make certain conforming and technical changes that were previously included in an April 2019 notice of proposed rulemaking that was superseded, in part, by the enactment of EGRRCPA.

Authorizing Statute(s): Statute at Large: 132 Stat. 1296 Name of Statute: Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA)

Citations for New Statutory Requirements: Statute at Large: 132 Stat. 1296 Name of Statute: Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA)

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
3064-AE84	Proposed rulemaking	83 FR 67149	12/28/2018

Federal Register Notices & Comments
Did the Agency receive public comments on this ICR? No

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

Annual Cost to Federal Government:

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Yes

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Manuel Cabeza 202 898-3781 mcabeza@fdic.gov

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