WASHINGTON - Federal regulators published separate guides Tuesday on identifying problem banks and Community Reinvestment Act data collection and reporting practices.
The Office of the Comptroller of the Currency published An Examiner's Guide to Problem Bank Identification, Rehabilitation, and Resolution, which has been described as the bible of bank failures. The report includes information on red flags at troubled institutions, bank accounting, and problems involving large bank companies.
The OCC report is available at www.occ.treas.
The Federal Financial Institutions Examination Council published on the Internet its report on CRA data collection and reporting. The guide is intended to be used as a resource for information on CRA loan data collection, maintenance, and reporting, as well as to provide information about regulations. The report is available at www.ffiec.gov.