National Bank Surveillance System

The National Bank Surveillance System{{cite web|title=National Bank Surveillance System|url=http://www.investorwords.com/18396/National_Bank_Surveillance_System.html|work=investorwords.com|publisher=WebFinance, Inc|access-date=23 May 2012}} is a computerized, off-site monitoring system{{Cite web|url=http://www.investopedia.com/terms/n/national-bank-surveillance-system.asp|title = National Bank Surveillance System (NBSS)}}{{Cite web|url=https://ssrn.com/abstract=631241|title = Are the Causes of Bank Distress Changing? Can Researchers Keep Up?|date = January 2005|last1 = King|first1 = Thomas B.|last2 = Nuxoll|first2 = Daniel|last3 = Yeager|first3 = Timothy J.}} developed by the U.S. Office of the Comptroller of the Currency (OCC) "to assist in the early detection of problem banks and bank management," for the purpose of initiating early corrective action.{{cite web|title=National Bank Surveillance System|url=https://books.google.com/books?id=rZaTQgAACAAJ&q=analysis+of+bank+financial+statements+wood|work=Google Books|publisher=Van Nostrand Reinhold Co|access-date=23 May 2012|author=Front Cover Oliver G. Wood, Robert J. Porter|page=9}}

Essentially an early-warning system, the NBSS was first implemented in 1975. It produces Bank Performance Reports (BPRs){{cite web|title=Off Site Survillance Systems|url=http://www.fdic.gov/bank/historical/history/477_520.pdf|work=An examination of the banking crises of the 1980s and early 1990s|publisher=History of the Eighties:Lessons for the future|access-date=23 May 2012}} as its primary analytical tool.{{Cite web|url=http://www.gwu.edu/~ibi/minerva/Fall1998/Jose.Mazzillo.html|title = The primary function of a financial system is resource allocation}}