Glossary

10-K: The official name of the annual report US companies file with the SEC.
Agentic AI: AI systems, often called AI agents, that take actions on their own rather than only answering questions.
Annual report: The yearly report a listed company files with the SEC, called a 10-K. It describes the business, its risks and its results.
Bank size: Total assets of the bank's FDIC-insured banks at the end of the report year, from FDIC data. This is not the same as the holding company's consolidated assets.
Detail level: How specific a passage is about AI at this bank. General: could be in any bank's report. Names an area: says where AI is used or how it is controlled. Concrete example: names a tool or vendor, gives a number, a date or a result.
Earnings release: The press release a bank publishes when it reports quarterly results, filed with the SEC as part of an 8-K.
FDIC: The Federal Deposit Insurance Corporation. It insures bank deposits and publishes each bank's financial data.
Generative AI: AI that writes text or creates images, such as chat assistants built on large language models.
Investor presentation: Slides a bank shows investors, often with its results. Filed with the SEC as part of an 8-K.
Legal notice: The forward-looking statements notice at the start or end of a filing. It often lists AI among many risks. It is never counted.
Model risk management: A bank's process for checking that the models it uses, including AI models, work as intended.
Passage: A paragraph or a slide from a filing that mentions AI.
Quarterly report: The report filed for each of the first three quarters of the year, called a 10-Q.
Report year: The year the report covers, not the year it was filed. A report filed in February 2026 about 2025 is a 2025 report.
SEC: The US Securities and Exchange Commission. Listed companies file their reports with it, and the reports are public.
Standard wording: Sentences that five or more banks use, almost word for word, in the same year. Often written by the same law firms.