Section 252.17 - Disclosure of stress test results(a)Public disclosure of results - (1)General. A state member bank must publicly disclose a summary of the results of the stress test required under this subpart.(2)Timing. For each stress test cycle in which a stress test is conducted:(i) A state member bank that is a covered company subsidiary must publicly disclose a summary of the results of the stress test within 15 calendar days after the Board discloses the results of its supervisory stress test of the covered company pursuant to § 252.46(b) , unless that time is extended by the Board in writing; and(ii) A state member bank that is not a covered company subsidiary must publicly disclose a summary of the results of the stress test in the period beginning on October 15 and ending on October 31, unless that time is extended by the Board in writing.(3)Disclosure method. The summary required under this section may be disclosed on the website of a state member bank, or in any other forum that is reasonably accessible to the public.(b)Summary of results -(1)State member banks that are subsidiaries of bank holding companies. A state member bank that is a subsidiary of a bank holding company satisfies the public disclosure requirements under this subpart if the bank holding company publicly discloses summary results of its stress test pursuant to this section or § 252.58 , unless the Board determines that the disclosures at the holding company level do not adequately capture the potential impact of the scenarios on the capital of the state member bank and requires the state member bank to make public disclosures.(2)State member banks that are not subsidiaries of bank holding companies. A state member bank that is not a subsidiary of a bank holding company or that is required to make disclosures under paragraph (b)(1) of this section must publicly disclose, at a minimum, the following information regarding the severely adverse scenario: (i) A description of the types of risks being included in the stress test;(ii) A summary description of the methodologies used in the stress test;(iii) Estimates of- (B) Pre-provision net revenue(C) Provision for credit losses;(E) Pro forma regulatory capital ratios and any other capital ratios specified by the Board; and(iv) An explanation of the most significant causes for the changes in regulatory capital ratios.(c)Content of results.(1) The disclosure of aggregate losses, pre-provision net revenue, provision for credit losses, and net income that is required under paragraph (b) of this section must be on a cumulative basis over the planning horizon.(2) The disclosure of pro forma regulatory capital ratios and any other capital ratios specified by the Board that is required under paragraph (b) of this section must include the beginning value, ending value and minimum value of each ratio over the planning horizon.Reg. YY, 79 FR 64045, Oct. 27, 2014, as amended at 84 FR 4245, Feb. 14, 2019; 84 FR 59102, Nov. 1, 2019 84 FR 4245, 4/1/2019; 84 FR 4245, 7/1/2019; 84 FR 59102, 12/31/2019