The Federal Financial Institutions Examination Council (FFIEC) has begun a review of the Uniform Bank Performance Report’s (UBFR) content, which will take place over multiple years.
The purpose of the review is to ensure the UBFR remains current and relevant. It is being led by the council’s task force on surveillance systems (TFSS).
“The TFSS has also implemented technology enhancements to the UBPR over the past several years to improve user functionality and ensure the UBPR remains relevant from a technology perspective including improved graphing features and MyUBPR functionality,” FFIEC stated in its review memo. “This content review, coupled with the past technology enhancements, is expected to ensure the UBPR remains the primary interagency tool for financial performance and condition monitoring.”
This year saw the introduction of three new ratios to be used by examiners in monitoring financial institutions: the three-year growth rate of non-owner occupied commercial real estate; non-current loans plus other real estate owned as a percentage of Tier 1 capital; and pre-provision net revenue ratio, a measure of core income.
“UBPR users should expect to see further changes over the next few years as part of this review,” FFIEC stated. “We will issue future announcements as these changes are implemented.”
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