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12 CFR § 46.2 - Definitions.

---
identifier: "/us/cfr/t12/s46.2"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 46.2 - Definitions."
title_number: 12
title_name: "Banks and Banking"
section_number: "46.2"
section_name: "Definitions."
chapter_name: "COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY"
part_number: "46"
part_name: "STRESS TESTING"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 93a; 1463(a)(2); 5365(i)(2); and 5412(b)(2)(B)."
regulatory_source: "77 FR 61246, Oct. 9, 2012, unless otherwise noted."
cfr_part: "46"
---

# 46.2 Definitions.

For purposes of this part, the following definitions apply:

*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 greater than $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 determines are appropriate for use in the stress tests under this part, including, but not limited to, baseline 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]