On 9/22/21, the Office of the Comptroller of the Currency (OCC) issued versions 1.0 of the "Earnings" and "Regulatory Reporting" booklets of the Comptroller's Handbook. These booklets are prepared for use by OCC examiners in connection with their examination and supervision of banks under their supervision.
In their release, the OCC explains that :
The "Earnings" booklet
supplements the earnings core assessments and provides examiners with expanded procedures to use when reviewing earnings for a specific line of business or the bank as a whole.
provides information regarding how to complete an earnings analysis, highlights key earnings ratios and the components that make up those ratios, and discusses other factors to consider when reviewing a bank's earnings performance.
discusses sound risk management principles, including appropriate planning, budgeting, and forecasting processes, to ensure that earnings are sufficient to maintain adequate capital and reserves.
The "Regulatory Reporting" booklet
provides information for examiners on common financial regulatory reports, including the call report and other Federal Financial Institutions Examination Council financial reports.
provides guidance to examiners on how to determine the materiality of a misstatement in a regulatory report and when a refiling might be required.
discusses sound risk management principles for regulatory reporting, including appropriate board oversight as well as sufficient policies, procedures, personnel, and control systems.
provides examiners with procedures for assessing a bank's regulatory reporting activities.
The full OCC bulletin can be found here.