Regulators Exempt Community Banks from Capital Stress Testing < Bk Safety and Soundness

..."stress testing expectations are as hazy as ever," says Peter Cherpack [director of credit risk technology with Ardmore Banking Advisors, Inc., Ardmore, Pa.]

“For the couple of banks I have talked to since this was released, this makes them more uneasy, as it says ‘you really should be doing this - but we will not give you anything other than principles to follow,’ he says. “This makes the community banker uneasy. An earlier promised stress testing guidance for banks under $10B with some more specifics would be much more helpful.”

via www.banksoundness.com