West Texas National Bank | Overcoming Regulatory Scrutiny
The Challenge: Regulatory Scrutiny on Risk Management Processes
West Texas National Bank faced a problem when examiners requested a forward-looking view of its concentrations under stress at different levels of the portfolio. The bank, with its existing resources, was struggling to find an organized and efficient way to appease its examiners and stress test its portfolio.
The Solution: A Stress Testing Tool for Capital Planning
West Texas National Bank adopted Abrigo Stress Testing to implement a clear stress testing plan. Abrigo Stress Testing helps banks with its capital planning by determining the potential impairment that may result in a stressed environment. The Abrigo solutions were also easy to integrate with the bank’s core processing system thanks to the company's integration team and core-agnostic technology. “We found that Abrigo Stress Testing is the easiest way to stress three of the major segments of our portfolio,” says Kristen Beggs, Assistant Vice President of Commercial Lending at West Texas National Bank.