SMALL BANKS: The Office of the Comptroller of the Currency on Sept. 3 released its handbook for examining national banks with less than $1 billion of assets. Examiners will focus more on how a bank conducts its business, rather than on whether it documents policies and procedures.
UNREALIZED GAINS: Bank and thrift regulators adopted a rule allowing financial institutions to count 45% of unrealized equity investment gains toward their Tier 2 risk-based capital. The rule mirrors a provision in the 1998 Basel Accord. Published Sept. 1. Effective Oct. 1, but early adoption is permitted.