OCC UCE PRACTICE EXAM QUESTIONS
AND ANSWERS. VERIFIED 2025/2026.
C) Risk assessment- Internal controls handbook page 5 - ANS Which of the following is not a
factor of management's internal control environment?
a) the organizational structure of the institution
b) management's philosophy and operating style
c) risk assessment
d) external influences that affect the bank's operations and risk management practices (e.g.
independent audits)
C) I, III, and IV only- Call report instructions - ANS Which of the following should be included
as components of the bank's non-interest income?
I. Feeds on fiduciary activities
II. Service fees on commercial loans
III. Trading fees and commissions
IV. Deposit service charges
A) I and II only
B) II and III only
C) I, III, and IV only
D) I, II, III, and IV
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
,False-12 CFR 163.33(a)(1)(I) and "National Banks- Federal Savings Associations Quick Reference
Guide" - ANS True or False:
Like national banks, the president of a Federal Savings Association is required to be a member of
the board of directors.
C.) I, III, and IV only- Fair Housing Act, Section 805 - ANS Which of the following is a
Prohibited Basis under the Fair Housing Act?
I. Familial status
II. Receipt of Public Assistance
III. Handicap
IV. Color
A) I and II only
B) II and III only
C) I, III, and IV only
D) I, II, III, and IV only
d) none of the above. 2012-16 was rescinded in 2018. Capital adequacy requirements and
guidance on capital planning is now included in the capital and dividends handbook. -
ANS Which of the following bulletins summarizes OCC expectations for banks regarding
capital adequacy and provides guidance on capital planning?
a) OCC Bulletin 2011-21
b) OCC Bulletin 2012-16
c) OCC Bulletin 2012-18
d) None of the above
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, d- the fair value of the property, less the estimated cost to sell- OREO Handbook Page 6 -
ANS Upon foreclosures or physical possession, whichever is earlier, OREO should be recorded
at
a) the fair value of the property, capitalizing any estimated cost to sell
b) the fair value of the property
c) the outstanding loan amount upon foreclosure
d) the fair value of the property, less the estimated cost to sell
b-II only. See Insider Activities Handbook page 9 - ANS Which of the following is considered
an insider for the purposes of Regulation O (12 CFR 215)
I. A shareholder owning 8 percent of the bank's voting securities
II. A shareholder owning 21 percent of the bank's voting securities
III. An EVP that does not have authority to participate in major policy making function
IV. Any employee of the bank
a) I and II only
b) II only
c) I, III, and IV only
d) I, II, III, and IV
c. Doubtful. Generally, a doubtful asset has a high probability of total or substantial loss, but
because of specific pending events that may strengthen the assets, its classification as loss is
deferred. Because the high probability of loss, nonaccrual accounting treatment is required for
doubtful assets. See Rating Credit Risk Handbook pg. 17 - ANS Which of the following rating
classifications is described as having a weakness that makes collection or liquidation in full, on
the basis of currently existing facts, conditions, and values, highly questionable and
improbable?
a) Special Mention
b) Substandard
3 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
AND ANSWERS. VERIFIED 2025/2026.
C) Risk assessment- Internal controls handbook page 5 - ANS Which of the following is not a
factor of management's internal control environment?
a) the organizational structure of the institution
b) management's philosophy and operating style
c) risk assessment
d) external influences that affect the bank's operations and risk management practices (e.g.
independent audits)
C) I, III, and IV only- Call report instructions - ANS Which of the following should be included
as components of the bank's non-interest income?
I. Feeds on fiduciary activities
II. Service fees on commercial loans
III. Trading fees and commissions
IV. Deposit service charges
A) I and II only
B) II and III only
C) I, III, and IV only
D) I, II, III, and IV
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
,False-12 CFR 163.33(a)(1)(I) and "National Banks- Federal Savings Associations Quick Reference
Guide" - ANS True or False:
Like national banks, the president of a Federal Savings Association is required to be a member of
the board of directors.
C.) I, III, and IV only- Fair Housing Act, Section 805 - ANS Which of the following is a
Prohibited Basis under the Fair Housing Act?
I. Familial status
II. Receipt of Public Assistance
III. Handicap
IV. Color
A) I and II only
B) II and III only
C) I, III, and IV only
D) I, II, III, and IV only
d) none of the above. 2012-16 was rescinded in 2018. Capital adequacy requirements and
guidance on capital planning is now included in the capital and dividends handbook. -
ANS Which of the following bulletins summarizes OCC expectations for banks regarding
capital adequacy and provides guidance on capital planning?
a) OCC Bulletin 2011-21
b) OCC Bulletin 2012-16
c) OCC Bulletin 2012-18
d) None of the above
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, d- the fair value of the property, less the estimated cost to sell- OREO Handbook Page 6 -
ANS Upon foreclosures or physical possession, whichever is earlier, OREO should be recorded
at
a) the fair value of the property, capitalizing any estimated cost to sell
b) the fair value of the property
c) the outstanding loan amount upon foreclosure
d) the fair value of the property, less the estimated cost to sell
b-II only. See Insider Activities Handbook page 9 - ANS Which of the following is considered
an insider for the purposes of Regulation O (12 CFR 215)
I. A shareholder owning 8 percent of the bank's voting securities
II. A shareholder owning 21 percent of the bank's voting securities
III. An EVP that does not have authority to participate in major policy making function
IV. Any employee of the bank
a) I and II only
b) II only
c) I, III, and IV only
d) I, II, III, and IV
c. Doubtful. Generally, a doubtful asset has a high probability of total or substantial loss, but
because of specific pending events that may strengthen the assets, its classification as loss is
deferred. Because the high probability of loss, nonaccrual accounting treatment is required for
doubtful assets. See Rating Credit Risk Handbook pg. 17 - ANS Which of the following rating
classifications is described as having a weakness that makes collection or liquidation in full, on
the basis of currently existing facts, conditions, and values, highly questionable and
improbable?
a) Special Mention
b) Substandard
3 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
