Further to regulatory exemptions: >For systemically important banks, no adjustment for AFS is needed because all AFS unrealized gains and losses are already re

Further to regulatory exemptions: >For systemically important banks, no adjustment for AFS is needed because all AFS unrealized gains and losses are already reflected in their reported capital ratios. As a result, only gains and losses in the HTM portfolio need to be included in our adjustment. For these four banks ... So, regulations turn a blind eye to HTM losses for any bank under $1T in assets: https://banks.data.fdic.gov/bankfind-suite/financialreporting?establishedEndRange=3%2F12%2F2023&establishedStartRange=01%2F01%2F1792&inactiveEndRange=3%2F12%2F2023&inactiveStartRange=01%2F01%2F1970&incomeBasis=YTD&institutionType=banks&limitEstablishedDate=false&limitInactiveDate=false&pageNumber=1&reportPeriod=20221231&resultLimit=25&sortField=ASSET&sortOrder=DESC&unitType=%24 https://banks.data.fdic.gov/bankfind-suite/financialreportin...