“ Safety and Soundness Financial Analysis” NACCA/AARMR Training School Panel The State of New York Banking Department Marlene Delamothe- Bourne
New York safety and soundness examinations employs the FILMS rating system in determining whether institutions are operating in a safe and sound manner.
F - FINANCIAL CONDITION
I - INTERNAL CONTROL AND AUDITING
L - LEGAL AND REGULATORY REPORTING
S - SYSTEM TECHNOLOGY