FCA Info Memo - Stress Analysis Report

Informational Memorandum
Subject:	Stress Analysis Report
Date of Memorandum:	06/04/1999
Expiration Date:
Office:	OE
Signed By:	Smith, Roland
FCA Contact Person:	Holland, Tom
Contact Phone:	703-883-4484
List of Attachments:	Early Warning System/Stress Analysis Report

INFORMATIONAL MEMORANDUM

June 4, 1999

To: Chairman, Board of Directors

Chief Executive Officer

Each Farm Credit System Institution

From: Roland E. Smith, Chief Examiner /s/

Office of Examination

Subject: Stress Analysis Report

Attached is the December 31, 1998 Stress Analysis Report for your review and information. The report includes predictions of the potential effects that stress in the environment may have on System institutions over the next 12 to 24 months. The results indicate that while there might be pockets of stress in certain regions, based upon the assumptions used, the overall financial condition of the System is projected to remain sound at December 31, 1999 and December 31, 2000, under “most likely” and “worst case” scenarios, respectively.

If you have questions, please feel free to contact the Director of your respective FCA Field Office, Thomas J. Holland, Director, Special Examination and Supervision Division, Office of Examination, at (703) 883-4483, or correspond on the Internet at his e-mail address at

hollandt@fca.gov

. Also, please feel free to call me at (703) 883-4160, or send me an e-mail at

smithr@fca.gov

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