CRA Guide To Data Reporting And Collection

User Manual: CRA

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A Guide to

CRA Data Collection

and Reporting

Federal Financial Institutions

Examination Council

January 2001

A Guide to CRA Data Collection and Reporting 2

This user’s guide was prepared by

CRA/HMDA Systems

Information Technology

Board of Governors of the Federal Reserve System

for the Federal Financial Institutions

Examination Council

A Guide to CRA Data Collection and Reporting 3

Contents Foreword 4

Executive Summary: Compliance Responsibilities 5

Purpose of CRA 5

Who Must Report 5

When to Report 5

Reporting Requirements 6

File Specifications and Edit Validations 6

Collecting the Data 8

Composite Loan Data 8

Other Loan Data 14

Consumer Loans 14

Reporting the Data 16

Reporting Tools 16

Internet Resources 19

Data Automation Cycle 19

Public Availability of Data 22

Glossary 23

Appendix A—

Regulation BB: Community Reinvestment 26

Appendix B—

Schedule RC-C, Part II.

Loans to Small Businesses and Small Farms 46

General Instructions 46

Loans to Small Businesses 49

Agricultural Loans to Small Farms 52

Examples of Reporting in Schedule RC-C, Part II 54

Appendix C—

Thrift Financial Report Instruction Manual and Form 60

Loans to Small Businesses and Small Farms 60

Appendix D—

U.S. Bureau of the Census Regional Offices 64

A Guide to CRA Data Collection and Reporting 4

Foreword

In response to numerous

requests and inquiries, the

Federal Financial Institutions

Examination Council (FFIEC)

has developed this guide for

Community Reinvestment Act

(CRA) data reporters. Data

collection, maintenance, and

reporting are important

aspects of large-institution

evaluations under CRA. This

guide can be used as a

resource when collecting and

maintaining data, creating a

submission, and posting

lending data in the CRA public

file. It is designed to reduce

burden on the approximately

2,000 financial institutions

subject to the reporting

requirements of the CRA

regulations.

Users of this guide should be

aware of its limitations. It

relates only to the collection,

maintenance, and reporting of

small-business and small-farm

loan data and to the collection,

maintenance, and reporting

(as applicable) of other loan

data (except data on home

mortgage loans) that may be

considered during CRA

evaluations. Although this

guide addresses many issues

relating to these matters, new

issues arise often; they should

be directed to the CRA

Assistance Line at (202) 872-

7584 or crahelp@frb.gov.

Use of this guide is not a

substitute for familiarity with

the CRA regulations and the

interagency questions and

answers (Qs&As) that inter-

pret those regulations. The

regulations and Qs&As may

be revised from time to time,

and you should consult them

to determine whether this

edition of the guide reflects

the most recent revisions.

Both are available on the

FFIEC’s Internet site at

www.ffiec.gov/cra.

A Guide to CRA Data Collection and Reporting 5

Executive

Summary:

Compliance

Responsibilities

Purpose of CRA

The Community Reinvestment Act of

1977 (CRA) is implemented by

regulations of the Office of the

Comptroller of the Currency (OCC),

the Board of Governors of the

Federal Reserve System (Board),

the Federal Deposit Insurance

Corporation (FDIC), and the Office of

Thrift Supervision (OTS)

(collectively, the agencies) in 12

CFR parts 25, 228, 345, and 563e.

The CRA regulations require that

information on business, farm, and

community development lending by

large insured depository institutions

be made available to the public.

CRA directs the agencies to

encourage insured depository

institutions to help meet the credit

needs of the communities in which

they are chartered. CRA does not

prohibit any activity, nor is it intended

to encourage unsafe or unsound

practices or the allocation of credit.

CRA requires that each insured

depository institution’s record in

helping to meet the credit needs of

its entire community, including low-

and moderate-income neighbor-

hoods, be assessed periodically.

That record is taken into account

when considering an institution’s

applications for deposit facilities,

including mergers and acquisitions.

The CRA regulations contain

different evaluation methods for

different types of institutions: the

lending, investment, and service

tests for large retail institutions; the

community development test for

wholesale or limited-purpose

institutions; the streamlined

performance standards for small

institutions; and the strategic-plan

option for institutions with approved

strategic plans.

The Consumer Compliance Task

Force of the FFIEC promotes

consistency in the implementation of

the CRA regulations by periodically

publishing interagency Qs&As and

examination procedures and by

facilitating uniform data reporting.

Who Must Report

All state member banks, state

nonmember banks, national banks,

and savings associations that are not

small or special-purpose institutions

are subject to the data collection and

reporting requirements of the CRA.

For the purpose of collecting and

reporting small business and small-

farm loan data, a small institution is a

bank or thrift that, as of December 31

of either of the prior two calendar

years, had total assets of less than

$250 million and was independent or

an affiliate of a holding company

that, as of December 31 of either of

the prior two calendar years, had

total banking and thrift assets of less

than $1 billion. Institutions that are

not small are considered large

institutions (see the glossary,

beginning on page 23, for

definitions).

When to Report

Data for a given year must be

submitted to the Board, the

designated processor for all of the

agencies, by March 1 of the following

year.

Merging Institutions

Following are three scenarios

describing data collection and

Executive Summary: Compliance Responsibilities

A Guide to CRA Data Collection and Reporting 6

reporting responsibilities for the

calendar year of a merger and for

subsequent years.

Scenario One

Two institutions are exempt from

CRA collection and reporting

requirements because of asset size.

The institutions merge. No data

collection is required for the year in

which the merger takes place,

regardless of the resulting asset

size. Data collection would begin

after two consecutive years in which

the combined institution had year-

end assets of at least $250 million or

was part of a holding company that

had year-end banking and thrift

assets of at least $1 billion.

Scenario Two

Institution A, an institution required

to collect and report data, and

Institution B, an exempt institution,

merge. Institution A is the surviving

institution. For the year of the

merger, data collection is required

for Institution A’s transactions. Data

collection is optional for the

transactions of the previously

exempt institution. For the following

year, all transactions of the surviving

institution must be collected and

reported.

Scenario Three

Two institutions, each of which is

required to collect and report the

data, merge. Data collection is

required for the entire year of the

merger and for subsequent years, so

long as the surviving institution is not

exempt. The surviving institution

may file either a consolidated

submission or separate submissions

for the year of the merger but must

file a consolidated report for

subsequent years.

Institutions

with No Small-Business

or Small-Farm Loans

An institution that has not purchased

or originated any small-business or

small-farm loans during the reporting

period would not submit the

composite loan records for small-

business or small-farm loans.

However, all institutions subject to

data reporting requirements must

submit the information discussed

below under “Reporting

Requirements.”

Lenders Covered by Home

Mortgage Disclosure Act

If an institution is not required to

collect home mortgage loan data by

the Home Mortgage Disclosure Act

(HMDA), it need not collect home

mortgage loan data under the CRA.

Examiners will sample an institu-

tion’s home mortgage loans to

evaluate its home mortgage lending.

If an institution wants to ensure that

examiners consider all of its home

mortgage loans, it may collect and

maintain data on these loans.

Modification, extension and

consolidation agreements (MECAs)

are transactions in which an

institution obtains loans from

another institution without actually

purchasing or refinancing the loans.

In some states, MECAs, which are

not considered loan refinancings

because the existing loan

obligations are not satisfied and

replaced, are common. Although

these transactions are not

considered to be purchases or

refinancings, as those terms have

been interpreted under CRA, they

do achieve the same results. An

institution may present information

about its MECA activities to

examiners for consideration under

the lending test as “other loan data.”

Reporting

Requirements

At a minimum, institutions must

submit, in electronic format:

·a transmittal sheet,

·a definition of its assessment

area(s),

·a record of its community

development (CD) loans. (If an

institution does not have CD loans

to report, the record should be sent

with “0” in the CD loan composite

data fields); and

·information on small-business and

small-farm loans, if applicable

CRA data are aggregated on the

census tract level, and each tract

represents one record in an entire

data submission. For example:

·Six different small-business loans

made in the same census tract

would count as one composite

record.

·Six different small-farm loans,

three in one census tract and three

in another, would count as two

composite records.

File Specifications

and Edit Validations

The FFIEC makes available free

CRA data preparation software to

any institution that wishes to use it.

The software includes some basic

analytical reports regarding an

institution’s data. To obtain a copy of

the latest version of the software,

contact the CRA Assistance Line at

(202) 872-7584.

If an institution finds that the

FFIEC’s software does not meet its

needs, it may create a data

submission using the File

Specifications and Edit Validation

Rules that have been set forth to

Executive Summary: Compliance Responsibilities

A Guide to CRA Data Collection and Reporting 7

assist with electronic data

submissions. For information about

specific electronic formatting proce-

dures, contact the CRA Assistance

Line at (202) 872-7584 or click on

“How to File” at www.ffiec.gov/cra.

File Specifications

Institutions that develop their own

programs must follow the precise

format laid out in the CRA File

Specifications. This file format

should be incorporated into an

automated system to ensure an

error-free data submission.

Edit Validation Rules

When an institution chooses to

create an electronic data

submission, it must edit its data

using the CRA Edit Validation Rules.

These rules are designed to ensure

data integrity and to prevent errors.

CRA edit validations are divided into

three edit types: syntactical, validity,

and quality. Each type corresponds

to errors of a different degree of

severity, and each must be

thoroughly understood to ensure that

the data are accurate and complete.

Syntactical (S) —Records that contain errors that may prevent them

from being uploaded to the FFIEC database. These errors range from

incorrect activity years to duplicate property locations, which indicate that

the property combination for that record identifier was used more than

once. These records will not be reflected in your disclosure statement

until the appropriate corrections have been made.

Validity (V) —Records containing incorrect information. The most

common validity errors are incorrect census tract/BNA numbers. These

records will not be reflected in your disclosure statement until the

appropriate corrections have been made.

Quality (Q) —Loan information that, while it may pass all syntactical and

validity edits, is nevertheless statistically unusual and is subject to further

investigation or review to confirm correctness. For a majority of the quality

edits, if the data are correct, no changes are necessary and the data will

be reflected.

A Guide to CRA Data Collection and Reporting 8

Collecting the

Data

Composite Loan

Data

Transmittal Sheet

The transmittal sheet is used to

identify each institution. Institutions

are asked to provide a reporter’s

identification (RID) number. This

number corresponds to the

certificate number for FDIC-

supervised institutions, the docket

number for institutions supervised

by the OTS, and the charter number

for OCC-supervised institutions. If an

institution is supervised by the

Board, the Research, Statistics,

Supervision and Regulation, and

Discount and Credit (RSSD)

Number is used. Board-supervised

institutions that do not know their

RSSD numbers should contact

the CRA Assistance Line at (202)

872-7584 or crahelp@frb.gov to

obtain it.

The transmittal sheet provides

valuable institution and contact

information. It is important that the

institution’s name, contact name,

address, phone number, and fax

number be correct since all future

correspondence will be based on

that information. Because area

codes are subject to change, it is

important to review phone and fax

numbers for accuracy before data

submission.

Assessment Area(s)

Delineation

For institutions other than those

designated as wholesale or limited-

purpose (see the glossary),

assessment areas must consist

generally of one or more metro-

politan statistical areas (MSAs) or

one or more contiguous political

subdivisions such as counties,

cities, or towns. An institution must

include the geographies in which its

main office, branches, and deposit-

taking ATMs are located as well as

the surrounding geographies in

which it has originated or purchased

a substantial portion of its loans.

Please refer to section __.41 of the

regulations and the interagency

Qs&As for further guidance,

particularly Q&A __.41(e)(4)–1,

which explains limitations on the

size of assessment areas.

Note: When you are entering

information about small-business

and small-farm loans, you need to

provide MSA, state, county, and

tract/BNA information to indicate the

location of the loan. The information

that you provide in the loan data

entry screens is

not

your assess-

ment area(s). This is simply the

loan’s location.

Assessment Area(s) Reporting

If your assessment area(s) includes

an entire MSA, you should report:

Census

Include/ Tract/

Exclude MSA State County BNA

+0520 NA NA NA

If your assessment area(s) includes

an MSA less one county, you should

report:

Census

Include/ Tract/

Exclude MSA State County BNA

+0520 NA NA NA

-0520 NA 151 NA

If your assessment area(s) includes

or consists of an entire county, you

should report:

Census

Include/ Tract/

Exclude MSA State County BNA

+0520 13 089 NA

Collecting the Data

A Guide to CRA Data Collection and Reporting 9

For more assessment area(s)

delineation examples, please refer

to the CRA Edits, which can be

found at www.ffiec.gov/cra/

edits.htm.

Community Development

Loans

Institutions subject to data reporting

requirements must report the

aggregate number and amount of

community development loans

originated or purchased during the

prior calendar year.

A community development loan has

community development as its

primary purpose. As defined in the

regulations, “community develop-

ment” means—

·affordable housing (including

multifamily rental housing) for low-

or moderate-income individuals;

·community services targeted to

low- or moderate-income

individuals;

·activities that promote economic

development by financing

businesses or farms that meet the

size eligibility standards of the

Small Business Administration’s

Development Company or Small

Business Investment Company

programs (13 CFR 121.301) or

have gross annual revenues of $1

million or less; or

·activities that revitalize or stabilize

low- or moderate-income

geographies.

In addition to having a community

development purpose, a community

development loan must also benefit

the institution’s assessment area(s)

or a broader statewide or regional

area that includes the institution’s

assessment area(s). Institutions

should be prepared to provide

examiners with information

regarding the community develop-

ment purpose and location of the

community development loans that

they report at the time of their

examination.

Note: If an institution is not a

wholesale or limited-purpose

institution, it cannot designate a loan

as a community development loan if

the loan has already been reported

or collected by the institution or an

affiliate as a small-business, small-

farm, consumer, or home mortgage

loan (except in the case of a

multifamily dwelling loan, which may

be considered a community

development loan as well as a home

mortgage loan). Further, except for

multifamily affordable housing loans,

if a loan meets the definition of a

small-business, small-farm,

consumer, or home mortgage loan,

retail institutions must collect and

report the loan in this manner. Retail

institutions may not choose to

collect and report it as a community

development loan.

Primary Purpose

As long as the primary purpose of

the loan is community development,

the full amount of the institution’s

loan should be included in its report

of aggregate community develop-

ment lending. A loan has a primary

purpose of community development

when it is designed for the express

purpose of community development.

Refer to the interagency Qs&As for

further discussion of primary

purpose, particularly Q&A __.12(i)

and 563e.12(h)–7.

Affiliate Loans

Affiliate

means any company that

controls, is controlled by, or is under

common control with another

company. The term “control” has the

meaning given to that term in 12

U.S.C. 1841(a)(2), and a company is

under common control with another

company if both companies are

directly or indirectly controlled by the

same company.

An institution is not required to

collect information on affiliate loans.

However, an institution that elects to

have its regulator consider loans by

an affiliate, for purposes of the

lending or community development

test or an approved strategic plan,

must collect, maintain, and report for

those loans the data that the

institution would have collected,

maintained, and reported had the

loans been originated or purchased

by the institution.

An institution may elect to have only

a particular category of an affiliate’s

lending considered. The basic

categories of loans are home

mortgage loans, small-business

loans, small-farm loans, community

development loans, and the five

categories of consumer loans (motor

vehicle loans, credit card loans,

home equity loans, other secured

loans, and other unsecured loans).

Affiliate’s Home Mortgage

Lending

If an institution elects to have an

affiliate’s home mortgage lending

considered in its CRA evaluation and

the affiliate is a HMDA reporter, the

institution must be prepared to

identify those loans reported by its

affiliate under 12 CFR part 203

(Regulation C, implementing HMDA).

At its option, the institution may

either provide examiners with the

affiliate’s entire HMDA disclosure

statement or just those portions

covering the loans in its assessment

area(s) that it is electing to have

considered. If the affiliate is not

Collecting the Data

A Guide to CRA Data Collection and Reporting 10

required by HMDA to report home

mortgage loans, the institution must

provide sufficient data concerning

the affiliate’s home mortgage loans

to enable the examiners to apply the

performance tests.

Constraints on the Consideration

of Affiliate Lending

No affiliate may claim a loan

origination or loan purchase if

another institution claims the same

loan origination or purchase.

However, an institution can count as

a purchase a loan originated by an

affiliate that the institution

subsequently purchases, or count as

an origination a loan later sold to an

affiliate, provided the same loans are

not sold several times to inflate their

value for CRA purposes.

If an institution elects to have its

supervisory agency consider loans

within a particular lending category

made by one or more of the

institution’s affiliates in a particular

assessment area(s), the institution

must elect to have the agency

consider all loans within that lending

category in that particular

assessment area(s) made by all of

the institution’s affiliates.

Consortium/

Third-Party Loans

Community development loans

originated or purchased by a

consortium in which an institution

participates or by a third party in

which the institution has invested:

·will be considered, at the

institution’s option, if the institution

reports the aggregate number and

aggregate amount of consortium/

third party loans originated or

purchased; and

·may be allocated among

participants or investors, as they

choose, for purposes of the

lending test, except that no

participant or investor:

—may claim a loan origination or

loan purchase if another

participant or investor claims

the same loan origination or

purchase; or

—may claim loans accounting for

more than its percentage share

(based on the level of its

participation or investment) of

the total loans originated or

purchased by the consortium or

third party.

In some circumstances, an

institution may invest in a third party,

such as a community development

bank, that is also an insured

depository institution and is thus

subject to CRA requirements.

However, if the financial institution

and the third party are not affiliates,

the third party may receive

consideration for the community

development loans it originates, and

the financial institution that invested

in the third party may also receive

consideration for its pro rata share of

the same community development

loans under Q&A __.22(d)–3.

Equity and Equity-Type

Investments in a Third Party

If an institution has made an equity

or equity-type investment in a third

party, community development loans

made by the third party may be

considered under the lending test.

On the other hand, asset-backed and

debt securities that do not represent

an equity-type interest in a third party

will not be considered under the

lending test unless the securities are

booked by the purchasing institution

as a loan.

For example, if an institution

purchases stock in a community

development corporation (CDC) that

primarily lends in low- and

moderate-income areas or to low-

and moderate-income individuals in

order to promote community

development, the institution may

claim a pro rata share of the CDC’s

loans as community development

loans. The institution’s pro rata share

is based on its percentage of equity

ownership in the CDC. See Q&A

__.22(d)–1. More information

concerning consideration of an

equity or equity-type investment

under the investment test and both

the lending and investment tests can

be found in Q&A __.23(b)–1.

Evaluation of Loans Made

by Consortia or Third Parties

under the Lending Test

Loans originated or purchased by

consortia in which an institution

participates or by third parties in

which an institution invests will only

be considered if they qualify as

community development loans and

will be considered only under the

community development criterion of

the lending test. However, loans

originated directly on the books of an

institution or purchased by the

institution are considered to have

been made or purchased directly by

the institution, even if the institution

originated or purchased the loans as

a result of its participation in a loan

consortium. These loans would be

considered under the appropriate

lending-test criteria, depending on

the type of loan. See Q&A

__.22(d)–2.

Collecting the Data

A Guide to CRA Data Collection and Reporting 11

Small-Business

and Small-Farm Loans

The CRA regulations require a large

institution to collect and maintain, in

electronic format, until the

completion of its next CRA

examination, the following data for

each small-business or small-farm

loan originated or purchased by the

institution:

·a unique number or alphanumeric

symbol that can be used to identify

the relevant loan file;

·the loan amount at origination;

·the loan location; and

·an indicator of whether the loan

was to a business or farm with

gross annual revenues of $1

million or less

Institutions are required to collect

and report only those commercial

loans that are included in “loans to

small business,” as defined in the

instructions for preparation of the

Consolidated Report of Condition

and Income (Schedule RC-C,

part II, of the Consolidated Report of

Condition and Income (Call Report)

or Schedule SB of the Thrift

Financial Report (TFR), as

applicable).

“It is the original amount of a

loan, not the annual revenue

of a business or farm, that

determines the classification

of a loan as a small-business

or small-farm loan.”

Small-business loans are defined as

those whose original amounts are $1

million or less and that were reported

on the institution’s Call Report or

TFR as either “Loans secured by

nonfarm or nonresidential real

estate” or “Commercial and industrial

loans.” Small-farm loans are defined

as those whose original amounts

are $500,000 or less and were

reported as either “Loans to finance

agricultural production and other

loans to farmers” or “Loans secured

by farmland.”

The location of a small-business or

small-farm loan must be maintained

by census tract or block numbering

area. In addition, supplemental

information contained in the file

specifications includes a date

associated with the origination or

purchase and whether the loan was

originated or purchased by an

affiliate.

It is the original amount of a loan,

not

the annual revenue

of a business or

farm, that determines the

classification of a loan as a small-

business or small-farm loan. The

sections of the Call Report and

TFR relating to small-business

and small-farm loans are included

in this guide as Appendices B

and C.

Aggregate Reporting

An institution subject to data

reporting requirements must report

the aggregate number and amount of

loans for each geography in which it

originated or purchased a small-

business or small-farm loan. Loans

to businesses and farms are

reported by origination amounts of

·$100,000 or less,

·more than $100,000 but less than

or equal to $250,000, and

·more than $250,000.

Institutions must also report loans to

businesses and farms with gross

annual revenues of $1 million or

less, using the revenues that the

institution considered in making its

credit decisions.

Original Amount

vs. Purchase Amount

When collecting and reporting

information on purchased small-

business and small-farm loans, an

institution collects and reports the

amount of the loan at origination,

not at the time of purchase. This is

consistent with the Call Report and

TFR guidelines, which use the

“original amount of the loan” to

determine (1) whether a loan should

be reported as a “loan to a small

business” or a “loan to a small farm”

and (2) in which loan-size category a

loan should be reported. When

assessing the volume of small-

business and small-farm loan

purchases for purposes of evaluating

lending-test performance under

CRA, however, examiners will

evaluate an institution’s activity

based on the amounts at purchase.

Refinances and Renewals

Data collected in 2000 and reported

in 2001.

An institution collects and

reports information about

refinancings but does not collect and

report information about renewals. A

refinancing typically involves the

satisfaction of an existing obligation

that is replaced by a new obligation

undertaken by the same borrower.

When an institution refinances a

loan, it is considered a new

origination, and loan data should be

collected and reported, if otherwise

required. Consistent with HMDA,

however, if under the original loan

agreement the institution is

unconditionally obligated to refinance

the loan subject to conditions within

the borrower’s control, the institution

should not report these events as

originations.

For purposes of CRA data collection

and reporting requirements, the

Collecting the Data

A Guide to CRA Data Collection and Reporting 12

extension of the maturity of an

existing loan is a renewal and is not

considered a loan origination.

Therefore, institutions should not

collect and report data on loan

renewals.

Data collected in 2001 and

subsequent years.

An institution

should collect information about

small-business and small-farm loans

that it refinances or renews as loan

originations. (A refinancing generally

occurs when the existing loan

obligation or note is satisfied and a

new note is written, while a renewal

is an extension of the term of a loan.

However, for purposes of small-

business and small-farm CRA data

collection and reporting, it is no

longer necessary to distinguish

between the two.) When reporting

small-business and small-farm data,

however, an institution may report

only one origination (including a

renewal or refinancing treated as an

origination) per loan per year, unless

an increase in the loan amount is

granted.

If an institution increases the

amount of a small-business or

small-farm loan when it extends the

term of the loan, it should always

report the amount of the increase as

a small-business or small-farm loan

origination. The institution should

report only the amount of the

increase if the original or remaining

amount of the loan has already

been reported one time that year.

For example, a financial institution

makes a term loan for $25,000;

principal payments have resulted in

a present outstanding balance of

$15,000. In the next year, the

customer requests an additional

$5,000, which is approved, and a

new note is written for $20,000. In

this example, the institution should

report both the $5,000 increase and

the renewal or refinancing of the

$15,000 as originations for that year.

However, the institution may report

the $5,000 increase together with

the renewal or refinancing of the

$15,000 as one origination for that

year.

Lines of Credit

Institutions must collect and report

data on lines of credit in the same

way that they provide data on loan

originations. Lines of credit are

considered originated at the time the

line is approved or increased; and

an increase is considered a new

origination.

Generally, the full amount of the

credit line is the amount that is

considered originated. In the case of

an increase to an existing line, the

amount of the increase is the

amount that is considered originated

and that amount should be reported.

For renewals of line of credit, the

rules are as follows:

Data collected in 2000 and reported

in 2001.

Like loan renewals,

renewals of lines of credit are not

considered loan originations and

should not be collected or reported.

Data collected in 2001 and subse-

quent years.

Renewals of lines of

credit for small-business, small-farm,

or consumer purposes should be

collected and reported, if appli-

cable, in the same manner as

renewals of small-business or small-

farm loans (see Q&A __.42(a)–5).

Institutions that are HMDA reporters

continue to collect and report home

equity lines of credit at their option,

in accordance with the requirements

of 12 CFR part 203.

Loans to Fisheries

and Forestries

Instructions for part I of the Call

Report and Schedule SB of the

TFR include loans “made for the

purpose of financing fisheries and

forestries, including loans to

commercial fishermen” as a

component of the definition of

“Loans to finance agricultural

production and other loans to

farmers.” Part II of Schedule RC-C

of the Call Report and Schedule

SB of the TFR, which serve as the

basis of the definition for small-

business and small-farm loans in the

regulation, capture both “Loans to

finance agricultural production and

other loans to farmers” and “Loans

secured by farmland.” These loans

are reported as small-business or

small-farm loans.

Home Equity Lines

of Credit Used Predominantly

for Small-Business Purposes

Institutions that have chosen to

report home equity lines of credit

under HMDA report only the portion

of a home equity line used for

home improvement purposes. That

portion of the loan would then be

consid-ered when examiners

evaluate home mortgage lending. If

the line meets the regulatory

definition of a “community

development loan,” the institution

should collect and report information

on the entire line as a community

development loan. If the line does

not qualify as a community

development loan, the institution

has the option of collecting and

maintaining (but not reporting) the

entire line of credit as “Other

secured lines/loans for purposes of

small business.”

Collecting the Data

A Guide to CRA Data Collection and Reporting 13

Credit Cards Issued

to Small Businesses

If an institution agrees to issue credit

cards to a business’s employees,

the institution reports all of the credit

card lines opened on a particular

date for that single business as one

small-business loan origination

rather than reporting each individual

credit card line, assuming the

criteria in the small-business loan

definition in the regulation are met.

The credit card program’s amount at

origination is the sum of all of the

employee/business credit cards’

credit limits opened on a particular

date. If subsequently issued credit

cards increase the small-business

credit line, the added amount is

reported as a new origination.

Lending Outside the United States

An institution may collect data about

small-business and small-farm loans

located outside the United States;

however, it cannot report these data

because the FFIEC CRA data

collection software will not accept

data concerning loan locations

outside the United States.

Multiple Loan Originations

to the Same Business

If an institution originates multiple

loans to the same business, the

loans should be collected and

reported as separate originations

rather than combined and reported

as they are on the Call Report or

TFR, which reflect loans outstanding,

rather than originations. However, if

institutions originate multiple loans to

the same business solely to

artificially inflate the number or

volume of loans evaluated for CRA

lending performance, the agencies

may combine these loans for

purposes of evaluation under the

CRA.

Gross Annual Revenues

The regulations do not require

institutions to request or consider

revenue information when making a

loan; however, if institutions do

gather this information from their

borrowers, they should collect and

report the gross annual revenue,

rather than the adjusted gross

annual revenue, of their small-

business or small-farm borrowers.

The purpose of small-business and

small-farm data collection is to

enable examiners and the public to

judge whether the institution is

lending to small businesses and

farms or whether it is only making

small loans to larger businesses and

farms.

The CRA regulations similarly do

not require institutions to verify

revenue amounts; thus, institutions

may rely on the gross annual

revenue amount provided by

borrowers in the ordinary course of

business. If an institution does not

collect gross annual revenue

information for its small-business

and small-farm borrowers, it would

not indicate on the CRA data

collection software that the gross

annual revenues of the borrower are

$1 million or less. The institution

should enter the code indicating

“revenues not known” on the

individual loan portion of the data

collection software or on an

internally developed system.

Generally, an institution should rely

on the revenues that it considered in

making its credit decision when

indicating whether a small-business

or small-farm borrower had gross

annual revenues of $1 million or less.

For example, in the case of affiliated

businesses, such as a parent

corporation and its subsidiary, if the

institution considered the revenues

of the entity’s parent or a subsidiary

corporation of the parent as well,

then the institution would aggregate

the revenues of both corporations to

determine whether the revenues are

$1 million or less. Alternatively, if the

institution considered the revenues

of only the entity to which the loan is

actually extended, the institution

should rely solely upon whether

gross annual revenues are above or

below $1 million for that entity.

However, if the institution considered

and relied on revenues or income of

a cosigner or guarantor that is not an

affiliate of the borrower, such as a

sole proprietor, it should not adjust

the borrower’s revenues for

reporting purposes.

For a start-up business, the

institution should use the actual

gross annual revenue to date

(including $0 if a new business has

had no revenue to date). Although

start-up businesses will provide the

institution with pro forma projected

revenue figures, these figures may

not accurately reflect actual gross

revenue.

Loan Location

Prudent banking practices dictate

that an institution know the location

of its customers and loan collateral.

Therefore, institutions typically will

know the actual location of their

borrowers or loan collateral beyond

an address consisting only of a post

office box.

Many borrowers have street

addresses in addition to post office

box numbers or rural route and box

numbers. Institutions should ask

their borrowers to provide the street

address of the main business facility

or farm or the location where the

loan proceeds otherwise will be

applied. Moreover, in many cases in

Collecting the Data

A Guide to CRA Data Collection and Reporting 14

which the borrower’s address

consists only of a rural route number

or post office box, the institution

knows the location (i.e., the census

tract or block numbering area) of the

borrower or loan collateral. Once the

institution has this information, it

should assign a census tract or

block numbering area to that

location (geocode) and report that

information as required under the

regulations.

For loans originated or purchased in

1998 or later, if the institution cannot

determine the borrower’s street

address, and does not know the

census tract or block numbering area

it should report the borrower’s state,

county, MSA, if applicable, and “NA,”

for “not available,” in lieu of a census

tract or block numbering area code.

Other Loan Data

Schedule RC-C, part II, of the Call

Report and Schedule SB of the

TFR do not allow financial

institutions to report loans for

commercial and industrial purposes

that are secured by residential real

estate. Loans extended to small

businesses with gross annual

revenues of $1 million or less may,

however, be secured by residential

real estate. If these loans promote

community development, as defined

in the regulations, the institution

should collect and report information

about these loans as community

development loans. Otherwise, at an

institution’s option, it may collect and

maintain data concerning loans,

purchases, and lines of credit

extended to small businesses and

secured by residential real estate for

consideration in the CRA evaluation

of its small-business lending.

To facilitate this optional data

collection, the software distributed

institution that chooses to collect

and maintain information on

consumer loans collects the gross

annual income of all primary

obligors for consumer loans, to the

extent that the institution considered

the income of the obligors when

making the decision to extend credit.

Primary obligors include co-

applicants and co-borrowers,

including cosigners. An institution

does not, however, collect the

income of guarantors on consumer

loans, because guarantors are only

secondarily liable for the debt.

If consumer lending constitutes a

substantial majority of an institu-

tion’s business, its supervisory

agency will evaluate the institution’s

consumer lending in one or more of

the following categories: motor

vehicle, credit card, home-equity,

other secured, and other unsecured

loans. In addition, at an institution’s

option, its supervisory agency will

evaluate one or more categories of

consumer lending, if the institution

has collected and maintained, as

required in section __.42(c)(1), the

data for each category that the

institution elects to have its

supervisory agency evaluate.

Where an institution collects data for

loans in a certain category, it must

collect data for all loans originated

or purchased within that category.

The institution must maintain these

data separately for each category

for which it chooses to collect data.

The data collected and maintained

should include for each loan:

·a unique number or alphanumeric

symbol that can be used to identify

the relevant loan file;

·the loan amount at origination or

purchase;

·the loan location; and

·the gross annual income of the

free of charge by the FFIEC

provides that an institution may

collect this information to

supplement its small-business

lending data by choosing the loan

type “Other secured lines/loans for

purposes of small business,” in the

individual loan data. (The title of the

loan type, “Other secured lines of

credit for purposes of small

business,” which was found in the

instructions accompanying the 1996

data collection software, has been

changed to “Other secured lines/

loans for purposes of small

business” in order to accurately

reflect that lines of credit and loans

may be reported under this loan

type.) This information should be

maintained at the institution but

should not be submitted for central

reporting purposes.

Loan Commitments

and Letters of Credit

Institutions are not required to

collect data on loan commitments

and letters of credit. They may,

however, provide for examiner

consideration information on letters

of credit and commitments.

Commercial

and Consumer Leases

Commercial and consumer leases

are not considered small-business

or small-farm loans or consumer

loans for purposes of the data

collection requirements for

commercial or consumer loans.

However, if an institution wishes to

collect and maintain data about

leases, it may provide these data to

examiners as “other loan data.”

Consumer Loans

There are no data reporting require-

ments for consumer loans. An

Collecting the Data

A Guide to CRA Data Collection and Reporting 15

borrower that the institution

considered in making its credit

decision.

Generally, guidance concerning

collection of data on small-business

and small-farm loans—including, for

example, guidance regarding

collecting loan location data and

data in connection with refinanced

or renewed loans—will also apply to

consumer loans.

Borrower Income

The CRA does not require

institutions to request or consider

income information when making a

loan. If an institution does not

consider income when making an

underwriting decision in connection

with a consumer loan, the institution

does not need to collect income

information. On the other hand, if

institutions gather this information

from their borrowers, the agencies

expect them to collect the borrowers’

gross annual income for purposes of

CRA.

Further, if the institution routinely

collects, but does not verify, a

borrower’s income when making a

credit decision, it need not verify the

income for purposes of data

maintenance. Institutions may rely

on the gross annual income amount

provided by borrowers in the

ordinary course of business.

The purpose of collecting income

data on consumer loans is to enable

examiners to determine the

distribution based on borrower

characteristics, including the

number and amount of consumer

loans to low-, moderate-, middle-,

and upper-income borrowers, as

determined on the basis of gross

annual income, particularly in the

institution’s assessment area(s).

An institution can list “0” in the

income field on consumer loans

made to its employees when

collecting data for CRA purposes, as

the institution would be permitted to

do under HMDA.

A Guide to CRA Data Collection and Reporting 16

Reporting

the Data

Reporting Tools

FFIEC Data Entry Software

The CRA Data Entry software is

provided free of charge by the

FFIEC to help financial institutions

automate the filing of their CRA

data. The software includes editing

and reporting features to help verify,

complete, and analyze data. Data

created using this package can be

easily exported onto a diskette and

mailed or transmitted by e-mail to

the Board.

Any institution that is interested in

receiving a copy of the software

may:

·send a written request to

Federal Reserve Board

Attn: CRA Processing

1709 New York Avenue, 5th Floor

Washington, DC 20006

·send an e-mail request to

crahelp@frb.gov

·leave a voice-mail request on the

CRA Assistance Line at

(202) 872-7584.

Please be sure to include a contact

name, mailing address, and a phone

number where you may be reached.

The geocoding utility is included in

this software; the use of this utility by

an institution is optional. If you wish

to use it, your institution will be

required to purchase the

geographical data, which is

available only on CD-ROM from PCi

Services, Inc. (PCi), of Boston,

Massachusetts. A PCi Services

order form can be downloaded from

the FFIEC’s CRA website at

www.ffiec.gov/cra/softinfo.htm.

The FFIEC also has an Internet site

that allows users to retrieve MSA,

state, county, and census tract/BNA

codes for street addresses. In

addition, some demographic

information (mainly population and

income) can be obtained for a

particular census tract/BNA. The

Internet address is

www.ffiec.gov/geocode.

Sources of Geographic

Information

The following sources may help you

report geographic data accurately.

Information about

MSA Boundaries

You can obtain information on

current and historical MSA

boundaries at www.census.gov by

selecting Subjects A–Z, then M,

then Metropolitan Areas, then

Metropolitan Definitions.

CRA uses the term MSA—

metropolitan statistical area—for

MSAs, CMSAs (consolidated

metropolitan statistical areas), and

PMSAs (primary metropolitan

statistical areas). MSAs, CMSAs,

and PMSAs are components of

metropolitan areas, or MAs. The

Office of Management and Budget,

which defines their geographic

boundaries, and the Census Bureau

refer to the generic term MA.

To determine MSA boundaries for

future years, you may need to obtain

FIPS PUB 8-5, Metropolitan

Statistical Areas. Contact:

National Technical Information

Services

U.S. Department of Commerce

Port Royal Road

Springfield, VA 22161

(703) 487-4650

A list of all valid census tract

numbers (and BNA designations) in

each MSA is available for a fee from

the Board’s HMDA Assistance Line

Reporting the Data

A Guide to CRA Data Collection and Reporting 17

Illustration 1: LandView®III

Illustration 2: 1990 Census Tract Outline Map

at (202) 452-2016. The list will help

ensure that you are using only valid

census tract numbers; however, the

list is not a tool for geocoding your

CRA data.

The FFIEC Census Data CD-ROM

also contains census tract number

information as well as other

informative census and demographic

data. To order this software, contact

the HMDA Assistance Line at (202)

452-2016.

Census Bureau Products

The following products for deter-

mining the correct 1990 census tract

number for a given property are

available from the Census Bureau.

LandView III

LandView III is Census Bureau CD-

ROM desktop mapping software

product. It runs on Windows® 3.1,

Windows 95, Windows 98, Windows

2000, and Macintosh operating

systems. LandView III shows a

detailed network of roads

(containing address information

where available), rivers, and

railroads, along with jurisdictional

and statistical boundaries (including

census tracts). The information is

based upon the Census Bureau’s

TIGER/Line 1995 files, which reflect

the street network and address

ranges known to the Census Bureau

as of the fall of 1995. Besides

producing custom map views that

display selected user-specified map

information (see Illustration 1),

LandView also provides the

capability of displaying the FIPS

state and county codes, census tract

or block numbering area codes, and

block group codes for any location

that a user points to on the map.

This product can be ordered from

the Census Bureau Customer

Service Center.

Ordering information and a fully

functional copy of the software with

a single county’s map and data (you

can specify the county) can be

downloaded from the Census

Bureau’s website at

www.census.gov/geo/www/tiger.

Census Tract/Block Numbering Area

Outline Maps

If you prefer paper maps, you may

use the 1990 Census Tract/Block

Numbering Area Outline Maps for

the counties within the MSAs for

which you are reporting (see

Reporting the Data

A Guide to CRA Data Collection and Reporting 18

Illustration 2). Besides showing

numbers for census tracts (and

BNAs) within a particular county,

these maps display the boundaries

and names of the features used as

census tract boundaries and the

names of any counties or other

subdivisions.

The outline maps are sold by the

Census Bureau’s Customer

Services Center in county packages.

On average, there are four map

sheets per metropolitan county. The

map sheets are oversized—gener-

ally 36 by 42 inches—and map

scales vary to minimize the number

of map sheets. Maps may include

one or more insets of densely settled

areas.

The outline maps do not show

streets, street names, or address

ranges within a census tract. You will

therefore need to use the maps in

combination with up-to-date local

street maps available in your local

market, and to use a marker pen to

highlight on the street map the

boundaries of each census tract

according to the outline map.

TIGER/Census Tract Street Index®

Use the TIGER/Census Tract Street

Index (TIGER/CTSI) for the county

in which the property is located

(Illustration 3).

The TIGER/CTSI enables you to

determine the census tract numbers

for properties that use city-style

street addresses. It is arranged by

county within each MSA. The

TIGER/CTSI provides the street

name, including prefix or suffix

direction (such as “north”) and street

type (such as “street” or “avenue”),

address range, and corresponding

census tract number. Within a

county, numbered streets (for

example, 9th, 10th) precede the

streets listed alphabetically.

The TIGER/CTSI shows the census

tract number for each side of the

street and, where applicable,

provides the county subdivision

(town, township) and place codes for

each street and address range. The

latter may be helpful in determining

the census tract number when

streets with identical names and

address ranges are located in

different parts of the county. (County

subdivision and place codes and

their corresponding names are listed

in the back of TIGER/CTSI.) This

product is now available on

CD-ROM.

The TIGER/CTSI Version 2 has

certain limitations:

·Address-range and street

information are current through

April 1990. This means that

addresses or streets added since

that time are not shown.

·The index does not contain

address-range information for

areas with rural-type addresses

(such as RFD addresses).

The Census Bureau is currently

preparing the TIGER/CTSI Version 3

products for public release. These

products will reflect the street

network and address ranges known

to the Census Bureau as of summer

of 1997. Check the Census TIGER

page, www.census.gov/geo/www/

tiger, for the current status.

A special HMDA order form available

from the Bureau of the Census tells

you how to obtain the TIGER/CTSI

for selected counties. To obtain the

HMDA order form for the TIGER/

CTSI, the outline maps, and

LandView III, contact:

Customer Services Center

Bureau of the Census

Washington, DC 20233

(301) 457-4100

To obtain detailed information about

geographic products:

Geography Division—

Products and Services Staff

Bureau of the Census

Washington, DC 20233

(301) 457-1128

tiger@census.gov

You also may contact the Census

Bureau regional office serving your

state as listed in appendix D of this

guide. The costs of the census

materials will vary, depending on the

size of the county.

Illustration 3: 1990 TIGER/Census Tract Street Index®

TIGER/Census Tract Street Index

—Ver. 2, Part A Fairfax County, VA

From To Street Tract or ZIP 103rd FIPS

Street Name Address Address Side BNA Code Area Name Cong. Code

Barkley Dr 3100 3699 Both 4401.98 22031 Mantua CDP 11 49144

Bark Tree Ct 8285 8367 Odd 4924 22153 Lorton CDP 08 47064

Bark Tree Ct 8300 8354 Even 4924 22153 Lorton CDP 08 47064

Barkwood Ct 9500 9599 Both 4405 22032 11

Barley Rd 3100 3199 Both 4619.98 22031 Oakton CDP 11 58472

Barley Wk 7400 7416 Both 4502 22042 Jefferson CDP 11 40584

Barlow Rd 900 948 Both 4162 22060 Fort Belvoir CDP 08 29008

Barnack Dr 6700 7021 Both 4314 22152 West Springfield CDP 08 84976

Barnacle Pl 7000 7009 Both 4324 22015 Burke CDP 11 11464

Barnard Ct 3100 3150 Both 4617.98 22031 Merrifield CDP 11 51192

Barnesdale Path 6300 6536 Even 4911 22020 10

Barnesdale Path 6301 6533 Odd 4911 22022 10

Barnesville Rd 13704 13910 Even 4825 22070 10

Barney Rd 3800 3843 Both 4901 22021 10

Barnsbury Ct 9900 9939 Both 4619.98 22031 Oakton CDP 11 58472

Reporting the Data

A Guide to CRA Data Collection and Reporting 19

The Census Bureau is not able to

assist in preparing data to meet

CRA requirements or in determining

the appropriate census tract

numbers for individual addresses.

Geographic information is available

from the FFIEC’s website at

www.ffiec.gov/geocode.

Internet Resources

The Census Bureau offers a

subscription service that allows

users on-line access to information

contained in TIGER/CTSI. Institu-

tions that have an occasional need

to determine tract numbers in parts

of the country other than where they

primarily do business might be

interested in using this service.

To access this Internet site, enter

www.census.gov and select

CenStats Censtore, then

CenStats, then test drive. The test

drive page gives basic information

about the service and has links to

detailed descriptions of TIGER/CTSI

Version 2. The link at the top of each

page gives a sample of the informa-

tion you can expect.

To obtain more detailed

demographic information on the

Internet, you can access census

data through the FFIEC’s website at

http://www.ffiec.gov/webcensus/

ffieccensus.htm.

Data Automation

Cycle

Data must be submitted to the

Board, designated processor for all

the agencies, no later than March 1.

Data submissions should be mailed

to:

Federal Reserve Board

Attn: CRA Processing

1709 New York Avenue, 5th Floor

Washington, DC 20006

Data submitted via e-mail should be

encrypted using the FFIEC’s

Internet Submission Software, which

accompanies the FFIEC’s Data

Entry Software and sent to

crasub@frb.gov.

After an institution’s data have been

received and loaded, the data are

run through a batch process to

check for any errors or discrep-

ancies. The data automation cycle

has three steps that all reporting

institutions must complete for

successful CRA data submission.

These steps, described below, are

edit report review, institution register

summary confirmation, and data

resubmission.

Edit Report Review

The edit report gives an institution

an opportunity to verify submitted

statistics and provides the institution

with a listing of errors that were

discovered during the editing cycle.

Illustration 4 is an example of an edit

report with errors. Because CRA

submissions are electronically

based, the institution that submitted

these data would have to correct its

errors and send a complete

resubmission. The resubmission

replaces the institution’s previous

submission.

Institution Register

Summary (IRS)

Confirmation

If an institution provides an error-

free submission, it will receive an

IRS (see Illustration 5). The IRS is

used as a final confirmation of the

data that have been sent. The

institution’s CRA officer or individual

responsible for submitting CRA data

must sign the form included with the

IRS and fax it to the Board at (202)

530-6234.

Data Resubmission

Resubmissions are prepared by an

institution if the institution identifies

errors or needs to make changes to

data that have already been

submitted. If the resubmission is

made after the CRA data have been

aggregated and made publicly

available, the institution must send a

complete resubmission, and should

state that it is a “complete

resubmission.” After the receipt of

the resubmission, new edit or IRS

reports will be distributed.

Automatic Faxback

System

The CRA data process includes an

automatic faxback feature to make

transmission of correspondence

simpler and to reduce paper usage.

The faxback system uses the fax

number provided by the institution

on its transmittal sheet to send the

edit reports, institution register

summary, and any other

correspondence.

Reporting the Data

A Guide to CRA Data Collection and Reporting 20

20XX COMMUNITY REINVESTMENT ACT (CRA) Rundate: 01/28/20XX

EDIT REPORT Runtime: 20:00:08

Agency: 1-OCC Region: 2 Respondent ID: 0000063903 Page: 1

CRA COMPLIANCE BANK Contact: JOHN DOE REPORTER Phone: XXX-XXX-XXXX

100 MAIN STREET Fax: XXX-XXX-XXXX

ANYWHERE USA 80260-0000 Tax ID: XX-XXXXXXX



SMALL BUSINESS LOANS - 4



Number Loans/Total Loan Amount (000s)

Revenues Affiliate

MSA/ST/CTY/TR-BNA <= $100K $100K to $250K > $250K <= $1M Loans

0480/37/021/0200.00 Originated: 000001/00000006 000000/00000000 000000/00000000 000001/00000006 /

Purchased: 000000/00000000 000000/00000000 000000/00000000 000000/00000000 /

Total(O+P): 000001/00000006 000000/00000000

ERROR(S):

V320 Census Tract-BNA missing or does not = a valid census tract-BNA for the MSA/state/county combo

0480/37/021/0500.00 Originated: 000001/00000017 000000/00000000 000000/00000000 000001/00000017 /

Purchased: 000000/00000000 000000/00000000 000000/00000000 000000/00000000 /

Total(O+P): 000001/00000017 000000/00000000

ERROR(S):

V320 Census Tract-BNA missing or does not = a valid census tract-BNA for the MSA/state/county combo

1520/37/119/0000.00 Originated: 000001/00000015 000000/00000000 000000/00000000 000000/00000000 /

Purchased: 000000/00000000 000000/00000000 000000/00000000 000000/00000000 /

Total(O+P): 000000/00000000 000000/00000000

ERROR(S):

V320 Census Tract-BNA missing or does not = a valid census tract-BNA for the MSA/state/county combo

1520/37/190/0060.01 Originated: 000001/00000028 000000/00000000 000000/00000000 000001/00000028 /

Purchased: 000000/00000000 000000/00000000 000000/00000000 000000/00000000 /

Total(O+P): 000001/00000028 000000/00000000

ERROR(S):

V310 County is missing or state/county does not equal a valid combination

Illustration 4: Edit report with errors

Reporting the Data

A Guide to CRA Data Collection and Reporting 21

Illustration 5: Institution Register Summary

20XX COMMUNITY REINVESTMENT ACT (CRA) Rundate: 03/18/20XX

INSTITUTION REGISTER SUMMARY (IRS) Runtime: 20:01:17

Agency: 2-FRB Region: 5 Respondent ID: 0000891276 Page: 1

FIRST NATIONAL COMPLIANCE Contact: JENNY REGULATOR Phone: XXX-XXX-XXXX

106 S. LAFAYETTE STREET Fax: XXX-XXX-XXXX

SOMEWHERE USA 14587 Tax ID: XX-XXXXXXX

________________________________________________________________________________________________________________________

Small Business Small Farm Community Consortium/

Loans Loans Dev. Loans Third Party

# of Tracts/BNAs with Loans 29 12

Total # of Loans on File 596 29 3 0

Total Loan Amounts on File (000s) 31640 925 56480 0

Total # of Originated Loans on File 596 29

Total Originated Ln Amounts on File (000s) 31640 925

Total # of Affiliate Loans on File 0 0 0

Total Affiliate Ln Amounts on File (000s) 0 0 0

Small Business or Farm Loans

Loans with <= $1 Million in Revenues

Number 287 11

Total Loan Amount (000s) 11651 149

Small Business or Farm Loans <= $100K

Number 522 27

Total Loan Amount (000s) 11550 687

Small Bus. or Farm Lns > $100K To $250K

Number 44 2

Total Loan Amount (000s) 7284 238

Small Business or Farm Loans > $250K

Number 30 0

Total Loan Amount (000s) 12806 0

________________________________________________________________________________________________________________________

 ASSESSMENT AREA 

Total Number of Assessment Areas 1

Total MSAs in All Assessment Areas 0

Total non-MSA areas by state in All Assessment Areas 1

Total COUNTIES in All Assessment Areas 1

Total TRACTS-BNAS in All Assessment Areas 15

20XX COMMUNITY REINVESTMENT ACT (CRA) Rundate: 03/18/20XX

INSTITUTION REGISTER SUMMARY (IRS) Runtime: 20:01:17

Agency: 2-FRB Region: 5 Respondent ID: 0000891276 Page: 2

FIRST NATIONAL COMPLIANCE Contact: JENNY REGULATOR Phone: XXX-XXX-XXXX

________________________________________________________________________________________________________________________

To ensure that your individual disclosure statement and the aggregate

reports, represent accurate data, the statistics on the enclosed report(s)

should be verified with your institutions records.

To satisfy these requirements, please complete ONE of the following two steps:

1. If you agree with the statistics given on the Institution Register Summary,

please complete the following section.

I have verified the accuracy of the statistics with our records and found

them to be in agreement.

____________________________________ ____________________________________

Signature Date

2. If there are any discrepancies in the statistics, please fax the

corrections to (202) 530-6234. An analyst will be in contact with

you in order to resolve these discrepancies. However, if discrepancies are

known, a corrected file should be sent to the address listed below:

ATTN: CRA Processing

Federal Reserve Board

1709 New York Avenue, NW

Fifth Floor

Washington, D.C. 20006

Thank you for your prompt attention in this matter.

The Institution Register

Summary (IRS) is used by

each reporting institution to

verify and confirm CRA

statistics.

Reporting the Data

A Guide to CRA Data Collection and Reporting 22

Public Availability

of Data

Disclosure Statements

Institutions that are required to make

annual public disclosure of their

small-business, small-farm, and

community development lending

activity will receive, by September

15, a CD-ROM containing the

disclosure statement for that

institution. The CRA Aggregate and

Disclosure CD-ROM contains the

disclosure statement for that

institution and reports for all other

institutions that have reported CRA

data for that year. Most large

institutions are required to keep a

CRA disclosure statement for the

two prior calendar years in their

public files.

If a large institution (except one that

was small in the prior calendar year)

has elected to have one or more

categories of its consumer loans

considered under the lending test, it

must also make available for each

category, for the prior two calendar

years, the number and amount of

loans:

·to low-, moderate-, middle-, and

upper-income individuals;

·located in low-, moderate-,

middle-, and upper-income census

tracts; and

·located inside and outside the

institution’s assessment area(s).

Aggregate Tables

The CRA Aggregate and Disclosure

CD-ROM provides access to

aggregate tables covering the

lending activity of all institutions

subject to CRA for each MSA and

non-MSA portion of each state as

well as national aggregate tables

covering the lending activity of all

institutions nationwide.

Aggregate and Disclosure

CD-Rom Provided

by the FFIEC

in the Public File

Rather than printing a hard copy of

the CRA disclosure statement, an

institution may retain a copy of the

FFIEC compact disc in its public file.

When a consumer requests an

institution’s public file, the institution

must be able to print its CRA

disclosure statement readily from

either the compact disc or a

duplicate of the compact disc.

If the request is at a branch other

than the main office or the

designated branch office in each

state that holds the complete public

file, the institution should provide the

CRA disclosure statement on paper,

or in another format acceptable to

the requestor, within five calendar

days.

Aggregate

and Disclosure

on the Internet

The CRA aggregate and disclosure

data can be found on the Internet at

www.ffiec.gov/webcraad/

craaggr.htm.

A Guide to CRA Data Collection and Reporting 23

Glossary Affiliate. Any company that controls,

is controlled by, or is under common

control with another company. The

term “control” has the meaning given

to that term in 12 U.S.C. 1841(a)(2),

and a company is under common

control with another company if both

companies are directly or indirectly

controlled by the same company.

Area median income.

·The median family income for the

MSA, if a person or geography is

located in an MSA or

·the statewide nonmetropolitan

median family income, if a person

or geography is located outside an

MSA.

Assessment area(s). One or more

geographic area(s) delineated by an

institution and (if delineated in

compliance with the regulation) used

by the regulatory agency in

evaluating the institution’s record of

helping to meet the credit needs of

its community. The assessment

area(s) for an institution other than a

wholesale or limited-purpose

institution must:

·consist generally of one or more

MSAs (using the MSA boundaries

that were in effect as of January 1

of the calendar year in which the

delineation is made) or one or

more contiguous political

subdivisions, such as counties,

cities, or towns; and

·include the geographies in which

the bank has its main office, its

branches, and its deposit-taking

ATMs, as well as the surrounding

geographies in which the bank has

originated or purchased a

substantial portion of its loans

(including home mortgage loans,

small-business and small-farm

loans, and any other loans the

bank chooses, such as those

consumer loans on which the

bank elects to have its

performance assessed).

An assessment area(s) must consist

only of whole geographies, may not

reflect illegal discrimination, may not

arbitrarily exclude low- or moderate-

income geographies, taking into

account the institution’s size and

financial condition, and may not

extend substantially beyond a CMSA

boundary or beyond a state

boundary unless the assessment

area(s) is located in a multistate

MSA. An institution may adjust the

boundaries of its assessment area(s)

to include only the portion of a

political subdivision that it

reasonably can be expected to

serve.

Automated teller machine (ATM).

An automated, unstaffed banking

facility owned or operated by, or

operated exclusively for, the bank at

which deposits are received, cash

dispersed, or money lent.

Block numbering area (BNA). The

Bureau of Census, in conjunction

with state agencies, has established

BNAs as statistical subdivisions of

counties in which census tracts have

not been established. BNAs are

generally identified in census data

by numbers in the range 9501 to

9989.99. (For purposes of the CRA,

an institution may use BNA or

Census Tracts, as both are

“geographies”).

Branch. A staffed banking facility

authorized as a branch, whether

shared or unshared, including, for

example, a minibranch in a grocery

store or a branch operated in

conjunction with any other local

business or nonprofit organization.

Glossary

A Guide to CRA Data Collection and Reporting 24

Census tract. A small, relatively

permanent statistical subdivision of

a county in a metropolitan area or a

selected nonmetropolitan county

designed to be a relatively homo-

geneous unit with respect to popula-

tion characteristics, economic

status, and living conditions. Census

tracts usually contain between 2,500

and 8,000 inhabitants. Census tract

numbers generally range from 0001

through 9499.99 and are unique

within a county. Institutions are

currently required to use census tract

numbers from the 1990 census

series.

CMSA. A consolidated metropolitan

statistical area as defined by the

director of the Office of Management

and Budget.

Community development.

·affordable housing (including

multifamily rental housing) for low-

or moderate-income individuals;

·community services targeted to

low- or moderate-income

individuals;

·activities that promote economic

development by financing

businesses or farms that meet the

size eligibility standards of the

Small Business Administration’s

Development Company or Small

Business Investment Company

programs (13 CFR 121.301) or

have gross annual revenues of $1

million or less; or

·activities that revitalize or stabilize

low- or moderate-income

geographies.

Community development loan. A

loan that:

·has as its primary purpose

community development; and

·except in the case of a wholesale

or limited-purpose institution:

— has not been reported or

collected by the institution or an

affiliate for consideration in the

institution’s assessment as a

home mortgage, small-business,

small-farm, or consumer loan,

unless it is a multifamily-dwelling

loan; and

—benefits the institution’s

assessment area(s) or a broader

statewide or regional area that

includes the institution’s

assessment area(s).

Community development service.

A service that has as its primary

purpose community development, is

related to the provision of financial

services, and has not been

considered in the evaluation of the

institution’s retail banking services.

Consumer loan. A loan to one or

more individuals for household,

family, or other personal

expenditures. A consumer loan does

not include a home mortgage, small-

business, or small-farm loan.

Consumer loans include the follow-

ing categories of loans:

·Motor vehicle loan, which is a

consumer loan extended for the

purchase of and secured by a

motor vehicle;

·Credit card loan, which is a line of

credit for household, family, or

other personal expenditures that is

accessed by a borrower’s use of a

credit card;

·Home equity loan, which is a

consumer loan secured by a

residence of the borrower;

·Other secured consumer loan,

which is a secured consumer loan

that is not included in one of the

other categories of consumer

loans; and

·Other unsecured consumer loan,

which is an unsecured consumer

loan that is not included in one of

the other categories of consumer

loans

Edit report. A report generated by

the FFIEC and faxed to CRA

reporters based on their data

submissions. The edit report lists

and describes errors found in the

submitted data.

Geography. Geography means a

census tract or a block numbering

area delineated by the United States

Bureau of the Census in the most

recent decennial census.

Home mortgage loan. A “home

improvement loan” or a “home

purchase loan” as defined in the

Board’s Regulation C (12 CFR part

203), which implements Home

Mortgage Disclosure Act.

Income level. Income levels

include:

Low-income,

which means an

individual income that is less than

50 percent of the area median

income, or a median family income

that is less than 50 percent, in the

case of a geography;

Moderate-income,

which means an

individual income that is at least 50

percent and less than 80 percent

of the area median income, or a

median family income that is at

least 50 and less than 80 percent,

in the case of a geography;

Middle-income,

which means an

individual income that is at least 80

percent and less than 120 percent

of the area median income, or a

median family income that is at

least 80 and less than 120 percent,

in the case of a geography; and

Upper-income,

which means an

individual income that is 120

percent or more of the area

median income, or a median family

income that is 120 percent or

more, in the case of a geography.

Glossary

A Guide to CRA Data Collection and Reporting 25

Institution Register Summary

(IRS). A report generated by the

FFIEC and faxed to CRA reporters

based on the data they submitted.

The first page of the IRS lists the

number and total dollar amounts of

small-business, small-farm,

community development and

consortium/third party loans in the

data submission. If the loan

information is correct, CRA reporters

sign the second page of the IRS and

fax it to (202) 530-6234.

Large institution. An institution

other than a small institution.

Limited-purpose institution. An

institution that offers only a narrow

product line (such as credit card or

motor vehicle loans) to a regional or

broader market and for which a

designation as a limited-purpose

institution from its supervisory

agency is in effect.

Loan location.

·A consumer loan is located in the

geography where the borrower

resides.

·A home mortgage loan is located

in the geography where the

property to which the loan relates

is located.

·A small-business or small-farm

loan is located in the geography

where the main business facility or

farm is located or where the loan

proceeds otherwise will be

applied, as indicated by the

borrower.

MSA. A metropolitan statistical area

or a primary metropolitan statistical

area (PMSA) as defined by the

Director of the Office of

Management and Budget.

Qualified investment. A lawful

investment, deposit, membership

share, or grant that has as its

primary purpose community

development.

Small institution. An institution that,

as of December 31 of either of the

prior two calendar years, had total

assets of less than $250 million and

was independent or an affiliate of a

holding company that, as of

December 31 of either of the prior

two calendar years, had total

banking and thrift assets of less than

$1 billion.

Small-business loan. A loan

included in “loans to small

businesses” as defined in the

instructions in the institution’s

“Consolidated Report of Condition

and Income” (Call Report) or “Thrift

Financial Report” (TFR).

Small-farm loan. A loan included in

“loans to small farms” as defined in

the instructions in the institution’s

“Consolidated Report of Condition

and Income” (Call Report) or “Thrift

Financial Report” (TFR).

Special-purpose institution. An

institution that does not perform

commercial or retail banking

services by granting credit to the

public in the ordinary course of

business, other than as incident to

its specialized operations. These

institutions include banker’s banks

as defined in 12 USC 24 (Seventh),

and institutions that engage in only

one or more of the following

activities: providing cash-

management controlled-

disbursement services or serving as

correspondent institutions, trust

companies, or clearing agents.

Wholesale institution. An institution

that is not in the business of

extending home mortgage, small-

business, small-farm, or consumer

loans to retail customers, and for

which a designation as a wholesale

institution from its supervisory

agency is in effect.

A Guide to CRA Data Collection and Reporting 26

Appendix A—

Regulation BB:

Community

Reinvestment

As amended effective July 1, 1997*

* Regulation BB is the Board’s regulation

implementing the CRA. The OCC, FDIC, and

OTS have adopted substantially similar

regulations, which appear at 12 CFR parts

25, 345, and 563e. The four regulations differ

primarily in sections 11 and 29 and in

appendix B.

Subpart A—General

Section

228.11 Authority, purposes, and

scope

228.12 Definitions

Subpart B—Standards for

Assessing Performance

228.21 Performance tests,

standards, and ratings, in

general

228.22 Lending test

228.23 Investment test

228.24 Service test

228.25 Community development

test for wholesale or

limited-purpose banks

228.26 Small-bank performance

standards

228.27 Strategic plan

228.28 Assigned ratings

228.29 Effect of CRA

performance on

applications

Subpart C—Records, Reporting,

and Disclosure Requirements

228.41 Assessment-area

delineation

228.42 Data collection, reporting,

and disclosure

228.43 Content and availability of

public file

228.44 Public notice by banks

228.45 Publication of planned

examination schedule

Appendix A—Ratings

Appendix B—CRA Notice

institution, and to take this record

into account in the agency’s

evaluation of an application for a

deposit facility by the institution. This

part is intended to carry out the

purposes of the CRA by—

(1) establishing the framework

and criteria by which the Board

assesses a bank’s record of

helping to meet the credit needs

of its entire community, including

low- and moderate-income

neighborhoods, consistent with

the safe and sound operation of

the bank; and

(2) providing that the Board takes

that record into account in

considering certain applications.

(c)

Scope.

(1)

General.

This part applies to

all banks except as provided in

paragraph (c)(3) of this section.

(2)

Foreign bank acquisitions.

This part also applies to an

uninsured state branch (other than

a limited branch) of a foreign bank

that results from an acquisition

described in section 5(a)(8) of the

International Banking Act of 1978

(12 USC 3103(a)(8)). The terms

“state branch” and “foreign bank”

have the same meanings as in

section 1(b) of the International

Banking Act of 1978 (12 USC

3101 et seq.); the term “uninsured

state branch” means a state

branch the deposits of which are

not insured by the Federal

Deposit Insurance Corporation;

the term “limited branch” means a

state branch that accepts only

deposits that are permissible for a

corporation organized under

section 25A of the Federal

Reserve Act (12 USC 611 et

seq.).

(3)

Certain special-purpose

banks.

This part does not apply to

special-purpose banks that do not

SUBPART A—GENERAL

SECTION 228.11—

Authority, Purposes,

and Scope

(a)

Authority.

The Board of

Governors of the Federal Reserve

System (the Board) issues this part†

to implement the Community

Reinvestment Act (12 USC 2901 et

seq.) (CRA). The regulations

comprising this part are issued under

the authority of the CRA and under

the provisions of the United States

Code authorizing the Board—

(1) to conduct examinations of

state-chartered banks that are

members of the Federal Reserve

System (12 USC 325);

(2) to conduct examinations of

bank holding companies and their

subsidiaries (12 USC 1844); and

(3) to consider applications for—

(i) domestic branches by state

member banks (12 USC 321);

(ii) mergers in which the

resulting bank would be a state

member bank (12 USC

1828(c));

(iii) formations of, acquisitions

of banks by, and mergers of,

bank holding companies (12

USC 1842); and

(iv) the acquisition of savings

associations by bank holding

companies (12 USC 1843).

(b)

Purposes.

In enacting the CRA,

the Congress required each

appropriate federal financial

supervisory agency to assess an

institution’s record of helping to meet

the credit needs of the local

communities in which the institution

is chartered, consistent with the safe

and sound operation of the

†The words “this part,” as used herein, mean

Regulation BB (Code of Federal Regulations,

title 12, chapter II, part 228).

Appendix A—Regulation BB: Community Reinvestment

A Guide to CRA Data Collection and Reporting 27

perform commercial or retail

banking services by granting

credit to the public in the ordinary

course of business, other than as

incident to their specialized

operations. These banks include

banker’s banks, as defined in 12

USC 24 (Seventh), and banks that

engage only in one or more of the

following activities: providing

cash-management controlled-

disbursement services or serving

as correspondent banks, trust

companies, or clearing agents.

SECTION 228.12—

Definitions

For purposes of this part, the

following definitions apply:

(a)

Affiliate

means any company

that controls, is controlled by, or is

under common control with another

company. The term “control” has the

meaning given to that term in 12

USC 1841(a)(2), and a company is

under common control with another

company if both companies are

directly or indirectly controlled by the

same company.

(b)

Area median income

means—

(1) the median family income for

the MSA, if a person or geography

is located in an MSA; or

(2) the statewide nonmetropolitan

median family income, if a person

or geography is located outside

an MSA.

(c)

Assessment area

means a

geographic area delineated in

accordance with section 228.41.

(d)

Automated teller machine (ATM)

means an automated, unstaffed

banking facility owned or operated

by, or operated exclusively for, the

bank at which deposits are received,

cash dispersed, or money lent.

(e)

Bank

means a state member

bank as that term is defined in

section 3(d)(2) of the Federal

Deposit Insurance Act (12 USC

1813(d)(2)), except as provided in

section 228.11(c)(3), and includes an

uninsured state branch (other than a

limited branch) of a foreign bank

described in section 228.11(c)(2).

(f)

Branch

means a staffed banking

facility approved as a branch,

whether shared or unshared,

including, for example, a minibranch

in a grocery store or a branch

operated in conjunction with any

other local business or nonprofit

organization.

(g)

CMSA

means a consolidated

metropolitan statistical area as

defined by the director of the Office

of Management and Budget.

(h)

Community development

means—

(1) affordable housing (including

multifamily rental housing) for low-

or moderate-income individuals;

(2) community services targeted

to low- or moderate-income

individuals;

(3) activities that promote

economic development by

financing businesses or farms that

meet the size eligibility standards

of the Small Business

Administration’s Development

Company or Small Business

Investment Company programs

(13 CFR 121.301) or have gross

annual revenues of $1 million or

less; or

(4) activities that revitalize or

stabilize low- or moderate-income

geographies.

(i)

Community development loan

means a loan that—

(1) has as its primary purpose

community development; and

(2) except in the case of a

wholesale or limited-purpose

bank—

(i) has not been reported or

collected by the bank or an

affiliate for consideration in the

bank’s assessment as a home

mortgage, small business,

small farm, or consumer loan,

unless it is a multifamily

dwelling loan (as described in

appendix A to part 203 of this

chapter); and

(ii) benefits the bank’s

assessment area(s) or a

broader statewide or regional

area that includes the bank’s

assessment area(s).

(j)

Community development service

means a service that—

(1) has as its primary purpose

community development;

(2) is related to the provision of

financial services; and

(3) has not been considered in

the evaluation of the bank’s retail

banking services under section

228.24(d).

(k)

Consumer loan

means a loan to

one or more individuals for house-

hold, family, or other personal

expenditures. A consumer loan does

not include a home mortgage, small

business, or small farm loan.

Consumer loans include the

following categories of loans:

(1) Motor vehicle loan, which is a

consumer loan extended for the

purchase of and secured by a

motor vehicle;

(2) Credit card loan, which is a

line of credit for household, family,

or other personal expenditures

that is accessed by a borrower’s

use of a “credit card,” as this term

is defined in section 226.2 of this

chapter;

(3) Home-equity loan, which is a

Appendix A—Regulation BB: Community Reinvestment

A Guide to CRA Data Collection and Reporting 28

consumer loan secured by a

residence of the borrower;

(4) Other secured consumer loan,

which is a secured consumer loan

that is not included in one of the

other categories of consumer

loans; and

(5) Other unsecured consumer

loan, which is an unsecured

consumer loan that is not included

in one of the other categories of

consumer loans.

(l)

Geography

means a census tract

or a block numbering area

delineated by the United States

Bureau of the Census in the most

recent decennial census.

(m)

Home mortgage loan

means a

“home-improvement loan” or a

“home-purchase loan” as defined in

section 203.2 of this chapter.

(n)

Income level

includes:

(1)

Low-income,

which means an

individual income that is less than

50 percent of the area median

income, or a median family

income that is less than 50

percent, in the case of a

geography.

(2)

Moderate-income,

which

means an individual income that

is at least 50 percent and less

than 80 percent of the area

median income, or a median

family income that is at least 50

and less than 80 percent, in the

case of a geography.

(3)

Middle-income,

which means

an individual income that is at

least 80 percent and less than 120

percent of the area median

income, or a median family

income that is at least 80 and less

than 120 percent, in the case of a

geography.

(4)

Upper-income,

which means

an individual income that is 120

percent or more of the area

median income, or a median

family income that is 120 percent

or more, in the case of a

geography.

(o)

Limited-purpose bank

means a

bank that offers only a narrow

product line (such as credit card or

motor vehicle loans) to a regional or

broader market and for which a

designation as a limited-purpose

bank is in effect, in accordance with

section 228.25(b).

(p)

Loan location.

A loan is located

as follows:

(1) a consumer loan is located in

the geography where the borrower

resides;

(2) a home mortgage loan is

located in the geography where

the property to which the loan

relates is located; and

(3) a small-business or small-

farm loan is located in the

geography where the main

business facility or farm is located

or where the loan proceeds

otherwise will be applied, as

indicated by the borrower.

(q)

Loan production office

means a

staffed facility, other than a branch,

that is open to the public and that

provides lending-related services,

such as loan information and

applications.

(r)

MSA

means a metropolitan

statistical area or a primary

metropolitan statistical area as

defined by the director of the Office

of Management and Budget.

(s)

Qualified investment

means a

lawful investment, deposit,

membership share, or grant that has

as its primary purpose community

development.

(t)

Small bank

means a bank that,

as of December 31 of either of the

prior two calendar years, had total

assets of less than $250 million and

was independent or an affiliate of a

holding company that, as of

December 31 of either of the prior

two calendar years, had total

banking and thrift assets of less than

$1 billion.

(u)

Small-business loan

means a

loan included in “loans to small

businesses” as defined in the

instructions for preparation of the

Consolidated Report of Condition

and Income.

(v)

Small-farm loan

means a loan

included in “loans to small farms” as

defined in the instructions for

preparation of the Consolidated

Report of Condition and Income.

(w)

Wholesale bank

means a bank

that is not in the business of

extending home mortgage, small-

business, small-farm, or consumer

loans to retail customers, and for

which a designation as a wholesale

bank is in effect, in accordance with

section 228.25(b).

SUBPART B—STANDARDS

FOR ASSESSING

PERFORMANCE

SECTION 228.21—

Performance Tests,

Standards, and Ratings,

in General

(a)

Performance tests and

standards.

The Board assesses the

CRA performance of a bank in an

examination as follows:

(1)

Lending, investment, and

service tests.

The Board applies

the lending, investment, and

service tests, as provided in

sections 228.22 through 228.24,

in evaluating the performance of a

bank, except as provided in

paragraphs (a)(2), (a)(3), and

(a)(4) of this section.

Appendix A—Regulation BB: Community Reinvestment

A Guide to CRA Data Collection and Reporting 29

(2)

Community development test

for wholesale or limited-purpose

banks.

The Board applies the

community development test for a

wholesale or limited-purpose

bank, as provided in section

228.25, except as provided in

paragraph (a)(4) of this section.

(3)

Small-bank performance

standards.

The Board applies the

small-bank performance

standards as provided in section

228.26 in evaluating the

performance of a small bank or a

bank that was a small bank during

the prior calendar year, unless the

bank elects to be assessed as

provided in paragraphs (a)(1),

(a)(2), or (a)(4) of this section.

The bank may elect to be

assessed as provided in

paragraph (a)(1) of this section

only if it collects and reports the

data required for other banks

under section 228.42.

(4)

Strategic plan.

The Board

evaluates the performance of a

bank under a strategic plan if the

bank submits, and the Board

approves, a strategic plan as

provided in section 228.27.

(b)

Performance context.

The Board

applies the tests and standards in

paragraph (a) of this section and

also considers whether to approve a

proposed strategic plan in the

context of—

(1) demographic data on median

income levels, distribution of

household income, nature of

housing stock, housing costs, and

other relevant data pertaining to a

bank’s assessment area(s);

(2) any information about lending,

investment, and service

opportunities in the bank’s

assessment area(s) maintained

by the bank or obtained from

community organizations, state,

local, and tribal governments,

economic-development agencies,

or other sources;

(3) the bank’s product offerings

and business strategy as

determined from data provided by

the bank;

(4) institutional capacity and

constraints, including the size and

financial condition of the bank, the

economic climate (national,

regional, and local), safety-and-

soundness limitations, and any

other factors that significantly

affect the bank’s ability to provide

lending, investments, or services

in its assessment area(s);

(5) the bank’s past performance

and the performance of similarly

situated lenders;

(6) the bank’s public file, as

described in section 228.43, and

any written comments about the

bank’s CRA performance

submitted to the bank or the

Board; and

(7) any other information deemed

relevent by the Board.

(c)

Assigned ratings.

The Board

assigns to a bank one of the

following four ratings pursuant to

section 228.28 and appendix A of

this part: “outstanding”; “satis-

factory”; “needs to improve”; or

“substantial noncompliance” as

provided in 12 USC 2906(b)(2). The

rating assigned by the Board reflects

the bank’s record of helping to meet

the credit needs of its entire

community, including low- and

moderate-income neighborhoods,

consistent with the safe and sound

operation of the bank.

(d)

Safe and sound operations.

This

part and the CRA do not require a

bank to make loans or investments

or to provide services that are

inconsistent with safe and sound

operations. To the contrary, the

Board anticipates banks can meet

the standards of this part with safe

and sound loans, investments, and

services on which the banks expect

to make a profit. Banks are permitted

and encouraged to develop and

apply flexible underwriting standards

for loans that benefit low- or

moderate-income geographies or

individuals, only if consistent with

safe and sound operations.

SECTION 228.22—

Lending Test

(a)

Scope of test.

(1) The lending test evaluates a

bank’s record of helping to meet

the credit needs of its assessment

area(s) through its lending

activities by considering a bank’s

home mortgage, small-business,

small-farm, and community

development lending. If consumer

lending constitutes a substantial

majority of a bank’s business, the

Board will evaluate the bank’s

consumer lending in one or more

of the following categories: motor

vehicle, credit card, home-equity,

other secured, and other

unsecured loans. In addition, at a

bank’s option, the Board will

evaluate one or more categories

of consumer lending, if the bank

has collected and maintained, as

required in section 228.42(c)(1),

the data for each category that the

bank elects to have the Board

evaluate.

(2) The Board considers

originations and purchases of

loans. The Board will also

consider any other loan data the

bank may choose to provide,

including data on loans

outstanding, commitments, and

letters of credit.

Appendix A—Regulation BB: Community Reinvestment

A Guide to CRA Data Collection and Reporting 30

(3) A bank may ask the Board to

consider loans originated or

purchased by consortia in which

the bank participates or by third

parties in which the bank has

invested only if the loans meet the

definition of community

development loans and only in

accordance with paragraph (d) of

this section. The Board will not

consider these loans under any

criterion of the lending test except

the community development

lending criterion.

(b)

Performance criteria.

The Board

evaluates a bank’s lending

performance pursuant to the

following criteria:

(1)

Lending activity.

The number

and amount of the bank’s home

mortgage, small-business, small-

farm, and consumer loans, if

applicable, in the bank’s

assessment area(s);

(2)

Geographic distribution.

The

geographic distribution of the

bank’s home mortgage, small-

business, small-farm, and

consumer loans, if applicable,

based on the loan location,

including—

(i) the proportion of the bank’s

lending in the bank’s

assessment area(s);

(ii) the dispersion of lending in

the bank’s assessment area(s);

and

(iii) the number and amount of

loans in low-, moderate-,

middle-, and upper-income

geographies in the bank’s

assessment area(s);

(3)

Borrower characteristics.

The

distribution, particularly in the

bank’s assessment area(s), of the

bank’s home mortgage, small-

business, small-farm, and

consumer loans, if applicable,

based on borrower

characteristics, including the

number and amount of—

(i) home mortgage loans to

low-, moderate-, middle-, and

upper-income individuals;

(ii) small-business and small-

farm loans to businesses and

farms with gross annual

revenues of $1 million or less;

(iii) small-business and small-

farm loans by loan amount at

origination; and

(iv) consumer loans, if

applicable, to low-, moderate-,

middle-, and upper-income

individuals;

(4)

Community development

lending.

The bank’s community

development lending, including

the number and amount of

community development loans,

and their complexity and

innovativeness; and

(5)

Innovative or flexible lending

practices.

The bank’s use of

innovative or flexible lending

practices in a safe and sound

manner to address the credit

needs of low- or moderate-income

individuals or geographies.

(c)

Affiliate lending.

(1) At a bank’s option, the Board

will consider loans by an affiliate

of the bank, if the bank provides

data on the affiliate’s loans

pursuant to section 228.42.

(2) The Board considers affiliate

lending subject to the following

constraints:

(i) no affiliate may claim a loan

origination or loan purchase if

another institution claims the

same loan origination or

purchase; and

(ii) if a bank elects to have the

Board consider loans within a

particular lending category

made by one or more of the

bank’s affiliates in a particular

assessment area, the bank

shall elect to have the Board

consider, in accordance with

paragraph (c)(1) of this section,

all the loans within that lending

category in that particular

assessment area made by all

of the bank’s affiliates.

(3) The Board does not consider

affiliate lending in assessing a

bank’s performance under

paragraph (b)(2)(i) of this section.

(d)

Lending by a consortium or a

third party.

Community development

loans originated or purchased by a

consortium in which the bank

participates or by a third party in

which the bank has invested—

(1) will be considered, at the

bank’s option, if the bank reports

the data pertaining to these loans

under section 228.42(b)(2); and

(2) may be allocated among

participants or investors, as they

choose, for purposes of the

lending test, except that no

participant or investor—

(i) may claim a loan origination

or loan purchase if another

participant or investor claims

the same loan origination or

purchase; or

(ii) may claim loans accounting

for more than its percentage

share (based on the level of its

participation or investment) of

the total loans originated by the

consortium or third party.

(e)

Lending-performance rating.

The

Board rates a bank’s lending

performance as provided in appendix

A of this part.

SECTION 228.23—

Investment Test

(a)

Scope of test.

The investment

test evaluates a bank’s record of

helping to meet the credit needs of

Appendix A—Regulation BB: Community Reinvestment

A Guide to CRA Data Collection and Reporting 31

its assessment area(s) through

qualified investments that benefit its

assessment area(s) or a broader

statewide or regional area that

includes the bank’s assessment

area(s).

(b)

Exclusion.

Activities considered

under the lending or service tests

may not be considered under the

investment test.

(c)

Affiliate investment.

At a bank’s

option, the Board will consider, in its

assessment of a bank’s investment

performance, a qualified investment

made by an affiliate of the bank, if

the qualified investment is not

claimed by any other institution.

(d)

Disposition of branch premises.

Donating, selling on favorable terms,

or making available on a rent-free

basis a branch of the bank that is

located in a predominantly minority

neighborhood to a minority

depository institution or women’s

depository institution (as these terms

are defined in 12 USC 2907(b)) will

be considered as a qualified

investment.

(e)

Performance criteria.

The Board

evaluates the investment

performance of a bank pursuant to

the following criteria:

(1) the dollar amount of qualified

investments;

(2) the innovativeness or

complexity of qualified

investments;

(3) the responsiveness of

qualified investments to credit and

community development needs;

and

(4) the degree to which the

qualified investments are not

routinely provided by private

investors.

(f)

Investment-performance rating.

The Board rates a bank’s investment

performance as provided in appendix

A of this part.

SECTION 228.24—

Service Test

(a)

Scope of test.

The service test

evaluates a bank’s record of helping

to meet the credit needs of its

assessment area(s) by analyzing

both the availability and effective-

ness of a bank’s systems for

delivering retail banking services and

the extent and innovativeness of its

community development services.

(b)

Area(s) benefitted.

Community

development services must benefit a

bank’s assessment area(s) or a

broader statewide or regional area

that includes the bank’s assessment

area(s).

(c)

Affiliate service.

At a bank’s

option, the Board will consider, in its

assessment of a bank’s service

performance, a community

development service provided by an

affiliate of the bank, if the community

development service is not claimed

by any other institution.

(d)

Performance criteria—retail

banking services.

The Board

evaluates the availability and

effectiveness of a bank’s systems for

delivering retail banking services,

pursuant to the following criteria:

(1) the current distribution of the

bank’s branches among low-,

moderate-, middle-, and upper-

income geographies;

(2) in the context of its current

distribution of the bank’s

branches, the bank’s record of

opening and closing branches,

particularly branches located in

low- or moderate-income

geographies or primarily serving

low- or moderate-income

individuals;

(3) the availability and

effectiveness of alternate systems

for delivering retail banking

services (e.g., ATMs, ATMs not

owned or operated by or

exclusively for the bank, banking

by telephone or computer, loan

production offices, and bank-at-

work or bank-by-mail programs) in

low- and moderate-income

geographies and to low- and

moderate-income individuals; and

(4) the range of services provided

in low-, moderate-, middle-, and

upper-income geographies and

the degree to which the services

are tailored to meet the needs of

those geographies.

(e)

Performance criteria—

community development services.

The Board evaluates community

development services pursuant to

the following criteria:

(1) the extent to which the bank

provides community development

services; and

(2) the innovativeness and

responsiveness of community

development services.

(f)

Service-performance rating.

The

Board rates a bank’s service

performance as provided in appendix

A of this part.

SECTION 228.25—

Community Development

Test for Wholesale or

Limited-Purpose Bank

(a)

Scope of test.

The Board

assesses a wholesale or limited-

purpose bank’s record of helping to

meet the credit needs of its

assessment area(s) under the

community development test through

its community development lending,

qualified investments, or community

development services.

Appendix A—Regulation BB: Community Reinvestment

A Guide to CRA Data Collection and Reporting 32

(b)

Designation as a wholesale or

limited-purpose bank.

In order to

receive a designation as a wholesale

or limited-purpose bank, a bank shall

file a request, in writing, with the

Board, at least three months prior to

the proposed effective date of the

designation. If the Board approves

the designation, it remains in effect

until the bank requests revocation of

the designation or until one year

after the Board notifies the bank that

the Board has revoked the

designation on its own initiative.

(c)

Performance criteria.

The Board

evaluates the community

development performance of a

wholesale or limited-purpose bank

pursuant to the following criteria:

(1) the number and amount of

community development loans

(including originations and

purchases of loans and other

community development loan data

provided by the bank, such as

data on loans outstanding,

commitments, and letters of

credit), qualified investments, or

community development services;

(2) the use of innovative or

complex qualified investments,

community development loans, or

community development services

and the extent to which the

investments are not routinely

provided by private investors; and

(3) the bank’s responsiveness to

credit and community

development needs.

(d)

Indirect activities.

At a bank’s

option, the Board will consider in its

community development

performance assessment:

(1) qualified investments or

community development services

provided by an affiliate of the

bank, if the investments or

services are not claimed by any

other institution; and

(2) community development

lending by affiliates, consortia and

third parties, subject to the

requirements and limitations in

section 228.22(c) and (d).

(e)

Benefit to assessment area(s).

(1)

Benefit inside assessment

area(s).

The Board considers all

qualified investments, community

development loans, and

community development services

that benefit areas within the

bank’s assessment area(s) or a

broader statewide or regional area

that includes the bank’s

assessment area(s).

(2)

Benefit outside assessment

area(s).

The Board considers the

qualified investments, community

development loans, and

community development services

that benefit areas outside the

bank’s assessment area(s), if the

bank has adequately addressed

the needs of its assessment

area(s).

(f)

Community development

performance rating.

The Board rates

a bank’s community development

performance as provided in appendix

A of this part.

SECTION 228.26—

Small-Bank Performance

Standards

(a)

Performance criteria.

The Board

evaluates the record of a small bank,

or a bank that was a small bank

during the prior calendar year, of

helping to meet the credit needs of

its assessment area(s) pursuant to

the following criteria:

(1) the bank’s loan-to-deposit

ratio, adjusted for seasonal

variation and, as appropriate,

other lending-related activities,

such as loan originations for sale

to the secondary markets,

community development loans, or

qualified investments;

(2) the percentage of loans and,

as appropriate, other lending-

related activities located in the

bank’s assessment area(s);

(3) the bank’s record of lending to

and, as appropriate, engaging in

other lending-related activities for

borrowers of different income

levels and businesses and farms

of different sizes;

(4) the geographic distribution of

the bank’s loans; and

(5) the bank’s record of taking

action, if warranted, in response

to written complaints about its

performance in helping to meet

credit needs in its assessment

area(s).

(b)

Small-bank performance rating.

The Board rates the performance of

a bank evaluated under this section

as provided in appendix A of this

part.

SECTION 228.27—

Strategic Plan

(a)

Alternative election.

The Board

will assess a bank’s record of

helping to meet the credit needs of

its assessment area(s) under a

strategic plan if—

(1) the bank has submitted the

plan to the Board as provided for

in this section;

(2) the Board has approved the

plan;

(3) the plan is in effect; and

(4) the bank has been operating

under an approved plan for at

least one year.

(b)

Data reporting.

The Board’s

approval of a plan does not affect the

bank’s obligation, if any, to report

data as required by section 228.42.

(c)

Plans in general.

(1)

Term.

A plan may have a term

Appendix A—Regulation BB: Community Reinvestment

A Guide to CRA Data Collection and Reporting 33

of no more than five years, and

any multiyear plan must include

annual interim measurable goals

under which the Board will

evaluate the bank’s performance.

(2)

Multiple assessment areas.

bank with more than one

assessment area may prepare a

single plan for all of its

assessment areas or one or more

plans for one or more of its

assessment areas.

(3)

Treatment of affiliates.

Affiliated institutions may prepare

a joint plan if the plan provides

measurable goals for each

institution. Activities may be

allocated among institutions at the

institutions’ option, provided that

the same activities are not

considered for more than one

institution.

(d)

Public participation in plan

development.

Before submitting a

plan to the Board for approval, a

bank shall—

(1) informally seek suggestions

from members of the public in its

assessment area(s) covered by

the plan while developing the

plan;

(2) once the bank has developed

a plan, formally solicit public

comment on the plan for at least

30 days by publishing notice in at

least one newspaper of general

circulation in each assessment

area covered by the plan; and

(3) during the period of formal

public comment, make copies of

the plan available for review by

the public at no cost at all offices

of the bank in any assessment

area covered by the plan and

provide copies of the plan upon

request for a reasonable fee to

cover copying and mailing, if

applicable.

(e)

Submission of plan.

The bank

shall submit its plan to the Board at

least three months prior to the

proposed effective date of the plan.

The bank shall also submit with its

plan a description of its informal

efforts to seek suggestions from

members of the public, any written

public comment received, and, if the

plan was revised in light of the

comment received, the initial plan as

released for public comment.

(f)

Plan content.

(1)

Measurable goals.

(i) A bank shall specify in its

plan measurable goals for

helping to meet the credit

needs of each assessment

area covered by the plan,

particularly the needs of low-

and moderate-income

geographies and low- and

moderate-income individuals,

through lending, investment,

and services, as appropriate.

(ii) A bank shall address in its

plan all three performance

categories and, unless the

bank has been designated as a

wholesale or limited-purpose

bank, shall emphasize lending

and lending-related activities.

Nevertheless, a different

emphasis, including a focus on

one or more performance

categories, may be appropriate

if responsive to the

characteristics and credit

needs of its assessment

area(s), considering public

comment and the bank’s

capacity and constraints,

product offerings, and business

strategy.

(2)

Confidential information.

bank may submit additional

information to the Board on a

confidential basis, but the goals

stated in the plan must be

sufficiently specific to enable the

public and the Board to judge the

merits of the plan.

(3)

Satisfactory and outstanding

goals.

A bank shall specify in its

plan measurable goals that

constitute “satisfactory”

performance. A plan may specify

measurable goals that constitute

“outstanding” performance. If a

bank submits, and the Board

approves, both “satisfactory” and

“outstanding” performance goals,

the Board will consider the bank

eligible for an “outstanding”

performance rating.

(4)

Election if satisfactory goals

not substantially met.

A bank may

elect in its plan that, if the bank

fails to meet substantially its plan

goals for a satisfactory rating, the

Board will evaluate the bank’s

performance under the lending,

investment, and service tests, the

community development test, or

the small-bank performance

standards, as appropriate.

(g)

Plan approval.

(1)

Timing.

The Board will act

upon a plan within 60 calendar

days after the Board receives the

complete plan and other material

required under paragraph (d) of

this section. If the Board fails to

act within this time period, the

plan shall be deemed approved

unless the Board extends the

review period for good cause.

(2)

Public participation.

evaluating the plan’s goals, the

Board considers the public’s

involvement in formulating the

plan, written public comment on

the plan, and any response by the

bank to public comment on the

plan.

(3)

Criteria for evaluating plan.

The Board evaluates a plan’s

measurable goals using the

following criteria, as appropriate:

Appendix A—Regulation BB: Community Reinvestment

A Guide to CRA Data Collection and Reporting 34

(i) the extent and breadth of

lending or lending-related

activities, including, as

appropriate, the distribution of

loans among different

geographies, businesses and

farms of different sizes, and

individuals of different income

levels, the extent of community

development lending, and the

use of innovative or flexible

lending practices to address

credit needs;

(ii) the amount and

innovativeness, complexity,

and responsiveness of the

bank’s qualified investments;

and

(iii) the availability and

effectiveness of the bank’s

systems for delivering retail

banking services and the extent

and innovativeness of the

bank’s community development

services.

(h)

Plan amendment.

During the

term of a plan, a bank may request

the Board to approve an amendment

to the plan on grounds that there has

been a material change in

circumstances. The bank shall

develop an amendment to a

previously approved plan in

accordance with the public

participation requirements of

paragraph (d) of this section.

(i)

Plan assessment.

The Board

approves the goals and assesses

performance under a plan as

provided for in appendix A of this

part.

SECTION 228.28—

Assigned Ratings

(a)

Ratings in general.

Subject to

paragraphs (b) and (c) of this

section, the Board assigns to a bank

a rating of “outstanding,”

“satisfactory,” “needs to improve,” or

“substantial noncompliance” based

on the bank’s performance under the

lending, investment, and service

tests, the community development

test, the small-bank performance

standards, or an approved strategic

plan, as applicable.

(b)

Lending, investment, and service

tests.

The Board assigns a rating for

a bank assessed under the lending,

investment, and service tests in

accordance with the following

principles:

(1) a bank that receives an

“outstanding” rating on the lending

test receives an assigned rating of

at least “satisfactory”;

(2) a bank that receives an

“outstanding” rating on both the

service test and the investment

test and a rating of at least “high

satisfactory” on the lending test

receives an assigned rating of

“outstanding”; and

(3) no bank may receive an

assigned rating of “satisfactory” or

higher unless it receives a rating

of at least “low satisfactory” on the

lending test.

(c)

Effect of evidence of

discriminatory or other illegal credit

practices.

Evidence of discriminatory

or other illegal credit practices

adversely affects the Board’s

evaluation of a bank’s performance.

In determining the effect on the

bank’s assigned rating, the Board

considers the nature and extent of

the evidence, the policies and

procedures that the bank has in

place to prevent discriminatory or

other illegal credit practices, any

corrective action that the bank has

taken or has committed to take,

particularly voluntary corrective

action resulting from self-

assessment, and other relevant

information.

SECTION 228.29—Effect

of CRA Performance

on Applications

(a)

CRA performance.

Among other

factors, the Board takes into account

the record of performance under the

CRA of—

(1) each applicant bank for the—

(i) establishment of a domestic

branch by a state member

bank; and

(ii) merger, consolidation,

acquisition of assets, or

assumption of liabilities

requiring approval under the

Bank Merger Act (12 USC

1828(c)) if the acquiring,

assuming, or resulting bank is

to be a state member bank;

and

(2) each insured depository

institution (as defined in 12 USC

1813) controlled by an applicant

and subsidiary bank or savings

association proposed to be

controlled by an applicant—

(i) to become a bank holding

company in a transaction that

requires approval under section

3 of the Bank Holding

Company Act (12 USC 1842);

(ii) to acquire ownership or

control of shares or all or

substantially all of the assets of

a bank, to cause a bank to

become a subsidiary of a bank

holding company, or to merge

or consolidate a bank holding

company with any other bank

holding company in a trans-

action that requires approval

under section 3 of the Bank

Holding Company Act (12 USC

1842); and

(iii) to own, control, or operate

a savings association in a

transaction that requires

approval under section 4 of the

Bank Holding Company Act (12

USC 1843).

Appendix A—Regulation BB: Community Reinvestment

A Guide to CRA Data Collection and Reporting 35

(b)

Interested parties.

In considering

CRA performance in an application

described in paragraph (a) of this

section, the Board takes into account

any views expressed by interested

parties that are submitted in

accordance with the Board’s Rules

of Procedure set forth in part 262 of

this chapter.

(c)

Denial or conditional approval of

application.

A bank’s record of

performance may be the basis for

denying or conditioning approval of

an application listed in paragraph (a)

of this section.

(d)

Definitions.

For purposes of

paragraph (a)(2) of this section,

“bank,” “bank holding company,”

“subsidiary,” and “savings

association” have the meanings

given to those terms in section 2 of

the Bank Holding Company Act (12

USC 1841).

SUBPART C—RECORDS,

REPORTING, AND

DISCLOSURE

REQUIREMENTS

SECTION 228.41—

Assessment-Area

Delineation

(a)

In general.

A bank shall

delineate one or more assessment

areas within which the Board eval-

uates the bank’s record of helping to

meet the credit needs of its com-

munity. The Board does not evaluate

the bank’s delineation of its assess-

ment area(s) as a separate perform-

ance criterion, but the Board reviews

the delineation for compliance with

the requirements of this section.

(b)

Geographic area(s) for

wholesale or limited-purpose banks.

The assessment area(s) for a

wholesale or limited-purpose bank

must consist generally of one or

more MSAs (using the MSA

boundaries that were in effect as of

January 1 of the calendar year in

which the delineation is made) or

one or more contiguous political

subdivisions, such as counties,

cities, or towns, in which the bank

has its main office, branches, and

deposit-taking ATMs.

(c)

Geographic area(s) for other

banks.

The assessment area(s) for a

bank other than a wholesale or

limited-purpose bank must—

(1) consist generally of one or

more MSAs (using the MSA

boundaries that were in effect as

of January 1 of the calendar year

in which the delineation is made)

or one or more contiguous

political subdivisions, such as

counties, cities, or towns; and

(2) include the geographies in

which the bank has its main office,

its branches, and its deposit-

taking ATMs, as well as the

surrounding geographies in which

the bank has originated or

purchased a substantial portion of

its loans (including home

mortgage loans, small-business

and small-farm loans, and any

other loans the bank chooses,

such as those consumer loans on

which the bank elects to have its

performance assessed).

(d)

Adjustments to geographic

area(s).

A bank may adjust the

boundaries of its assessment area(s)

to include only the portion of a

political subdivision that it

reasonably can be expected to

serve. An adjustment is particularly

appropriate in the case of an

assessment area that otherwise

would be extremely large, of unusual

configuration, or divided by

significant geographic barriers.

(e)

Limitations on the delineation of

an assessment area.

Each bank’s

assessment area(s)—

(1) must consist only of whole

geographies;

(2) may not reflect illegal

discrimination;

(3) may not arbitrarily exclude

low- or moderate-income

geographies, taking into account

the bank’s size and financial

condition; and

(4) may not extend substantially

beyond a CMSA boundary or

beyond a state boundary unless

the assessment area is located in

a multistate MSA. If a bank serves

a geographic area that extends

substantially beyond a state

boundary, the bank shall delineate

separate assessment areas for

the areas in each state. If a bank

serves a geographic area that

extends substantially beyond a

CMSA boundary, the bank shall

delineate separate assessment

areas for the areas inside and

outside the CMSA.

(f)

Banks serving military personnel.

Notwithstanding the requirements of

this section, a bank whose business

predominantly consists of serving

the needs of military personnel or

their dependents who are not located

within a defined geographic area

may delineate its entire deposit-

customer base as its assessment

area.

(g)

Use of assessment area(s).

The

Board uses the assessment area(s)

delineated by a bank in its evaluation

of the bank’s CRA performance

unless the Board determines that the

assessment area(s) do not comply

with the requirements of this section.

SECTION 228.42—Data

Collection, Reporting, and

Disclosure

(a)

Loan information required to be

collected and maintained.

A bank,

except a small bank, shall collect,

Appendix A—Regulation BB: Community Reinvestment

A Guide to CRA Data Collection and Reporting 36

and maintain in machine-readable

form (as prescribed by the Board)

until the completion of its next CRA

examination, the following data for

each small-business or small-farm

loan originated or purchased by the

bank:

(1) a unique number or

alphanumeric symbol that can be

used to identify the relevant loan

file;

(2) the loan amount at origination;

(3) the loan location; and

(4) an indicator whether the loan

was to a business or farm with

gross annual revenues of $1

million or less.

(b)

Loan information required to be

reported.

A bank, except a small

bank or a bank that was a small

bank during the prior calendar year,

shall report annually by March 1 to

the Board in machine-readable form

(as prescribed by the Board) the

following data for the prior calendar

year:

(1)

Small-business and small-

farm loan data.

For each

geography in which the bank

originated or purchased a small-

business or small-farm loan, the

aggregate number and amount of

loans—

(i) with an amount at

origination of $100,000 or less;

(ii) with amount at origination

of more than $100,000 but less

than or equal to $250,000;

(iii) with an amount at

origination of more than

$250,000; and

(iv) to businesses and farms

with gross annual revenues of

$1 million or less (using the

revenues that the bank

considered in making its credit

decision);

(2)

Community development loan

data.

The aggregate number and

aggregate amount of community

development loans originated or

purchased; and

(3)

Home mortgage loans.

If the

bank is subject to reporting under

part 203 of this chapter, the

location of each home mortgage

loan application, origination, or

purchase outside the MSAs in

which the bank has a home or

branch office (or outside any

MSA) in accordance with the

requirements of part 203 of this

chapter.

(c)

Optional data collection and

maintenance.

(1)

Consumer loans.

A bank may

collect and maintain in machine-

readable form (as prescribed by

the Board) data for consumer

loans originated or purchased by

the bank for consideration under

the lending test. A bank may

maintain data for one or more of

the following categories of

consumer loans: motor vehicle,

credit card, home-equity, other

secured, and other unsecured. If

the bank maintains data for loans

in a certain category, it shall

maintain data for all loans

originated or purchased within

that category. The bank shall

maintain data separately for each

category, including for each

loan—

(i) a unique number or

alphanumeric symbol that can

be used to identify the relevant

loan file;

(ii) the loan amount at

origination or purchase;

(iii) the loan location; and

(iv) the gross annual income of

the borrower that the bank

considered in making its credit

decision.

(2)

Other loan data.

At its option,

a bank may provide other

information concerning its lending

performance, including additional

loan-distribution data.

(d)

Data on affiliate lending.

A bank

that elects to have the Board

consider loans by an affiliate, for

purposes of the lending or

community development test or an

approved strategic plan, shall collect,

maintain, and report for those loans

the data that the bank would have

collected, maintained, and reported

pursuant to paragraphs (a), (b), and

originated or purchased by the bank.

For home mortgage loans, the bank

shall also be prepared to identify the

home mortgage loans reported under

part 203 of this chapter by the

affiliate.

(e)

Data on lending by a consortium

or a third party.

A bank that elects to

have the Board consider community

development loans by a consortium

or third party, for purposes of the

lending or community development

tests or an approved strategic plan,

shall report for those loans the data

that the bank would have reported

under paragraph (b)(2) of this

section had the loans been

originated or purchased by the bank.

(f)

Small banks electing evaluation

under the lending, investment, and

service tests.

A bank that qualifies

for evaluation under the small-bank

performance standards but elects

evaluation under the lending,

investment, and service tests shall

collect, maintain, and report the data

required for other banks pursuant to

paragraphs (a) and (b) of this

section.

(g)

Assessment-area data.

A bank,

except a small bank or a bank that

was a small bank during the prior

calendar year, shall collect and

Appendix A—Regulation BB: Community Reinvestment

A Guide to CRA Data Collection and Reporting 37

report to the Board by March 1 of

each year a list for each assessment

area showing the geographies within

the area.

(h)

CRA disclosure statement.

The

Board prepares annually for each

bank that reports data pursuant to

this section a CRA disclosure

statement that contains, on a state-

by-state basis—

(1) for each county (and for each

assessment area smaller than a

county) with a population of

500,000 persons or fewer in which

the bank reported a small-

business or small-farm loan—

(i) the number and amount of

small-business and small-farm

loans reported as originated or

purchased located in low-,

moderate-, middle-, and upper-

income geographies;

(ii) a list grouping each

geography according to

whether the geography is low-,

moderate-, middle-, or upper-

income;

(iii) a list showing each

geography in which the bank

reported a small-business or

small-farm loan; and

(iv) the number and amount of

small-business and small-farm

loans to businesses and farms

with gross annual revenues of

$1 million or less;

(2) for each county (and for each

assessment area smaller than a

county) with a population in

excess of 500,000 persons in

which the bank reported a small-

business or small-farm loan—

(i) the number and amount of

small-business and small-farm

loans reported as originated or

purchased located in

geographies with median

income relative to the area

median income of less than 10

percent, 10 or more but less

than 20 percent, 20 or more but

less than 30 percent, 30 or

more but less than 40 percent,

40 or more but less than 50

percent, 50 or more but less

than 60 percent, 60 or more but

less than 70 percent, 70 or

more but less than 80 percent,

80 or more but less than 90

percent, 90 or more but less

than 100 percent, 100 or more

but less than 110 percent, 110

or more but less than 120

percent, and 120 percent or

more;

(ii) a list grouping each

geography in the county or

assessment area according to

whether the median income in

the geography relative to the

area median income is less

than 10 percent, 10 or more but

less than 20 percent, 20 or

more but less than 30 percent,

30 or more but less than 40

percent, 40 or more but less

than 50 percent, 50 or more but

less than 60 percent, 60 or

more but less than 70 percent,

70 or more but less than 80

percent, 80 or more but less

than 90 percent, 90 or more but

less than 100 percent, 100 or

more but less than 110 percent,

110 or more but less than 120

percent, 120 percent or more;

(iii) a list showing each

geography in which the bank

reported a small-business or

small-farm loan; and

(iv) the number and amount of

small-business and small-farm

loans to businesses and farms

with gross annual revenues of

$1 million or less;

(3) the number and amount of

small-business and small-farm

loans located inside each

assessment area reported by the

bank and the number and amount

of small-business and small-farm

loans located outside the

assessment area(s) reported by

the bank; and

(4) the number and amount of

community development loans

reported as originated or

purchased.

(i)

Aggregate disclosure statements.

The Board, in conjunction with the

Office of the Comptroller of the

Currency, the Federal Deposit

Insurance Corporation, and the

Office of Thrift Supervision, prepares

annually, for each MSA (including an

MSA that crosses a state boundary)

and the non-MSA portion of each

state, an aggregate disclosure

statement of small-business and

small-farm lending by all institutions

subject to reporting under this part or

parts 25, 345, or 563e of this title.

These disclosure statements

indicate, for each geography, the

number and amount of all small-

business and small-farm loans

originated or purchased by reporting

institutions, except that the Board

may adjust the form of the disclosure

if necessary, because of special

circumstances, to protect the privacy

of a borrower or the competitive

position of an institution.

(j)

Central data depositories.

The

Board makes the aggregate

disclosure statements, described in

paragraph (i) of this section, and the

individual bank CRA disclosure

statements, described in paragraph

(h) of this section, available to the

public at central data depositories.

The Board publishes a list of the

depositories at which the statements

are available.

Appendix A—Regulation BB: Community Reinvestment

A Guide to CRA Data Collection and Reporting 38

SECTION 228.43—Content

and Availability of Public

File

(a)

Information available to the

public.

A bank shall maintain a public

file that includes the following

information:

(1) all written comments received

from the public for the current

year and each of the prior two

calendar years that specifically

relate to the bank’s performance

in helping to meet community

credit needs, and any response to

the comments by the bank, if

neither the comments nor the

responses contain statements that

reflect adversely on the good

name or reputation of any persons

other than the bank or publication

of which would violate specific

provisions of law;

(2) a copy of the public section of

the bank’s most recent CRA

performance evaluation prepared

by the Board. The bank shall

place this copy in the public file

within 30 business days after its

receipt from the Board;

(3) a list of the bank’s branches,

their street addresses, and

geographies;

(4) a list of branches opened or

closed by the bank during the

current year and each of the prior

two calendar years, their street

addresses, and geographies;

(5) a list of services (including

hours of operation, available loan

and deposit products, and

transaction fees) generally offered

at the bank’s branches and

descriptions of material

differences in the availability or

cost of services at particular

branches, if any. At its option, a

bank may include information

regarding the availability of

alternative systems for delivering

retail banking services (e.g.,

ATMs, ATMs not owned or

operated by or exclusively for the

bank, banking by telephone or

computer, loan production offices,

and bank-at-work or bank-by-mail

programs);

(6) a map of each assessment

area showing the boundaries of

the area and identifying the

geographies contained within the

area, either on the map or in a

separate list; and

(7) any other information the bank

chooses.

(b)

Additional information available

to the public.

(1)

Banks other than small banks.

A bank, except a small bank or a

bank that was a small bank during

the prior calendar year, shall

include in its public file the

following information pertaining to

the bank and its affiliates, if

applicable, for each of the prior

two calendar years:

(i) if the bank has elected to

have one or more categories of

its consumer loans considered

under the lending test, for each

of these categories, the number

and amount of loans—

(A) to low-, moderate-,

middle-, and upper-income

individuals;

(B) located in low-,

moderate-, middle-, and

upper-income census tracts;

and

bank’s assessment area(s)

and outside the bank’s

assessment area(s); and

(ii) the bank’s CRA disclosure

statement. The bank shall

place the statement in the

public file within three business

days of its receipt from the

Board.

(2)

Banks required to report

Home Mortgage Disclosure Act

(HMDA) data.

A bank required to

report home mortgage loan data

pursuant to part 203 of this

chapter shall include in its public

file a copy of the HMDA

disclosure statement provided by

the Federal Financial Institutions

Examination Council pertaining to

the bank for each of the prior two

calendar years. In addition, a

bank that elected to have the

Board consider the mortgage

lending of an affiliate for any of

these years shall include in its

public file the affiliate’s HMDA

disclosure statement for those

years. The bank shall place the

statement(s) in the public file

within three business days after

its receipt.

(3)

Small banks.

A small bank or

a bank that was a small bank

during the prior calendar year

shall include in its public file—

(i) the bank’s loan-to-deposit

ratio for each quarter of the

prior calendar year and, at its

option, additional data on its

loan-to-deposit ratio; and

(ii) the information required for

other banks by paragraph

(b)(1) of this section, if the bank

has elected to be evaluated

under the lending, investment,

and service tests.

(4)

Banks with strategic plans.

bank that has been approved to

be assessed under a strategic

plan shall include in its public file

a copy of that plan. A bank need

not include information submitted

to the Board on a confidential

basis in conjunction with the plan.

(5)

Banks with less-than-

satisfactory ratings.

A bank that

received a less-than-satisfactory

rating during its most recent

Appendix A—Regulation BB: Community Reinvestment

A Guide to CRA Data Collection and Reporting 39

examination shall include in its

public file a description of its

current efforts to improve its

performance in helping to meet

the credit needs of its entire

community. The bank shall update

the description quarterly.

(c)

Location of public information.

bank shall make available to the

public for inspection upon request

and at no cost the information

required in this section as follows:

(1) at the main office and, if an

interstate bank, at one branch

office in each state, all information

in the public file; and

(2) at each branch:

(i) a copy of the public section

of the bank’s most recent CRA

performance evaluation and a

list of services provided by the

branch; and

(ii) within five calendar days of

the request, all the information

in the public file relating to the

assessment area in which the

branch is located.

(d)

Copies.

Upon request, a bank

shall provide copies, either on paper

or in another form acceptable to the

person making the request, of the

information in its public file. The

bank may charge a reasonable fee

not to exceed the cost of copying

and mailing (if applicable).

(e)

Updating.

Except as otherwise

provided in this section, a bank shall

ensure that the information required

by this section is current as of April 1

of each year.

SECTION 228.44—Public

Notice by Banks

A bank shall provide in the public

lobby of its main office and each of

its branches the appropriate public

notice set forth in appendix B of this

part. Only a branch of a bank having

more than one assessment area

shall include the bracketed material

in the notice for branch offices. Only

a bank that is an affiliate of a holding

company shall include the next-to-

the-last sentence of the notices. A

bank shall include the last sentence

of the notices only if it is an affiliate

of a holding company that is not

prevented by statute from acquiring

additional banks.

SECTION 228.45—

Publication of Planned

Examination Schedule

The Board publishes at least 30 days

in advance of the beginning of each

calendar quarter a list of banks

scheduled for CRA examinations in

that quarter.

APPENDIX A—Ratings

(a)

Ratings in general.

(1) In assigning a rating, the

Board evaluates a bank’s

performance under the applicable

performance criteria in this part, in

accordance with section 228.21,

and section 228.28, which

provides for adjustments on the

basis of evidence of

discriminatory or other illegal

credit practices.

(2) A bank’s performance need

not fit each aspect of a particular

rating profile in order to receive

that rating, and exceptionally

strong performance with respect

to some aspects may compensate

for weak performance in others.

The bank’s overall performance,

however, must be consistent with

safe and sound banking practices

and generally with the appropriate

rating profile as follows.

(b)

Banks evaluated under the

lending, investment, and service

tests.

(1)

Lending performance rating.

The Board assigns each bank’s

lending performance one of the

five following ratings.

(i)

Outstanding.

The Board

rates a bank’s lending

performance “outstanding” if, in

general, it demonstrates—

(A) excellent

responsiveness to credit

needs in its assessment

area(s), taking into account

the number and amount of

home mortgage, small-

business, small-farm, and

consumer loans, if

applicable, in its assessment

area(s);

(B) a substantial majority of

its loans are made in its

assessment area(s);

distribution of loans in its

assessment area(s);

(D) an excellent distribution,

particularly in its assessment

area(s), of loans among

individuals of different

income levels and

businesses (including farms)

of different sizes, given the

product lines offered by the

bank;

(E) an excellent record of

serving the credit needs of

highly economically

disadvantaged areas in its

assessment area(s), low-

income individuals, or

businesses (including farms)

with gross annual revenues

of $1 million or less,

consistent with safe and

sound operations;

(F) extensive use of

innovative or flexible lending

practices in a safe and

Appendix A—Regulation BB: Community Reinvestment

A Guide to CRA Data Collection and Reporting 40

sound manner to address

the credit needs of low- or

moderate-income individuals

or geographies; and

(G) it is a leader in making

community development

loans.

(ii)

High satisfactory.

The

Board rates a bank’s lending

performance “high satisfactory”

if, in general, it demonstrates—

(A) good responsiveness to

credit needs in its

assessment area(s), taking

into account the number and

amount of home mortgage,

small-business, small-farm,

and consumer loans, if

applicable, in its assessment

area(s);

(B) a high percentage of its

loans are made in its

assessment area(s);

distribution of loans in its

assessment area(s);

(D) a good distribution,

particularly in its assessment

area(s), of loans among

individuals of different

income levels and

businesses (including farms)

of different sizes, given the

product lines offered by the

bank;

(E) a good record of serving

the credit needs of highly

economically disadvantaged

areas in its assessment

area(s), low-income

individuals, or businesses

(including farms) with gross

annual revenues of $1

million or less, consistent

with safe and sound

operations;

(F) use of innovative or

flexible lending practices in a

safe and sound manner to

address the credit needs of

low- or moderate-income

individuals or geographies;

and

(G) it has made a relatively

high level of community

development loans.

(iii)

Low satisfactory.

The

Board rates a bank’s lending

performance “low satisfactory”

if, in general, it demonstrates—

(A) adequate

responsiveness to credit

needs in its assessment

area(s), taking into account

the number and amount of

home mortgage, small-

business, small-farm, and

consumer loans, if applica-

ble, in its assessment

area(s);

(B) an adequate percentage

of its loans are made in its

assessment area(s);

distribution of loans in its

assessment area(s);

(D) an adequate

distribution, particularly in its

assessment area(s), of loans

among individuals of

different income levels and

businesses (including farms)

of different sizes, given the

product lines offered by the

bank;

(E) an adequate record of

serving the credit needs of

highly economically

disadvantaged areas in its

assessment area(s), low-

income individuals, or

businesses (including farms)

with gross annual revenues

of $1 million or less,

consistent with safe and

sound operations;

(F) limited use of innovative

or flexible lending practices

in a safe and sound manner

to address the credit needs

of low- or moderate-income

individuals or geographies;

and

(G) it has made an

adequate level of community

development loans.

(iv)

Needs to improve.

The

Board rates a bank’s lending

performance “needs to

improve” if, in general, it

demonstrates—

(A) poor responsiveness to

credit needs in its assess-

ment area(s), taking into

account the number and

amount of home mortgage,

small-business, small-farm,

and consumer loans, if

applicable, in its assessment

area(s);

(B) a small percentage of its

loans are made in its

assessment area(s);

distribution of loans, particu-

larly to low- or moderate-

income geographies, in its

assessment area(s);

(D) a poor distribution,

particularly in its assessment

area(s), of loans among

individuals of different

income levels and busi-

nesses (including farms) of

different sizes, given the

product lines offered by the

bank;

(E) a poor record of serving

the credit needs of highly

economically disadvantaged

areas in its assessment

area(s), low-income

individuals, or businesses

(including farms) with gross

annual revenues of $1

million or less, consistent

with safe and sound

operations;

(F) little use of innovative or

flexible lending practices in a

Appendix A—Regulation BB: Community Reinvestment

A Guide to CRA Data Collection and Reporting 41

safe and sound manner to

address the credit needs of

low- or moderate-income

individuals or geographies;

and

(G) it has made a low level

of community development

loans.

(v) S

ubstantial noncompliance.

The Board rates a bank’s

lending performance as being

in “substantial noncompliance”

if, in general, it demonstrates—

(A) a very poor

responsiveness to credit

needs in its assessment

area(s), taking into account

the number and amount of

home mortgage, small-

business, small-farm, and

consumer loans, if applica-

ble, in its assessment

area(s);

(B) a very small percentage

of its loans are made in its

assessment area(s);

distribution of loans, particu-

larly to low- or moderate-

income geographies, in its

assessment area(s);

(D) a very poor distribution,

particularly in its assessment

area(s), of loans among

individuals of different

income levels and busi-

nesses (including farms) of

different sizes, given the

product lines offered by the

bank;

(E) a very poor record of

serving the credit needs of

highly economically

disadvantaged areas in its

assessment area(s), low-

income individuals, or

businesses (including farms)

with gross annual revenues

of $1 million or less,

consistent with safe and

sound operations;

(F) no use of innovative or

flexible lending practices in a

safe and sound manner to

address the credit needs of

low- or moderate-income

individuals or geographies;

and

(G) it has made few, if any,

community development

loans.

(2)

Investment-performance

rating.

The Board assigns each

bank’s investment performance

one of the five following ratings.

(i)

Outstanding.

The Board

rates a bank’s investment

performance “outstanding” if, in

general, it demonstrates—

(A) an excellent level of

qualified investments,

particularly those that are

not routinely provided by

private investors, often in a

leadership position;

(B) extensive use of

innovative or complex

qualified investments; and

ness to credit and com-

munity development needs.

(ii)

High satisfactory.

The

Board rates a bank’s

investment performance “high

satisfactory” if, in general, it

demonstrates—

(A) a significant level of

qualified investments,

particularly those that are

not routinely provided by

private investors, occasion-

ally in a leadership position;

(B) significant use of

innovative or complex

qualified investments; and

credit and community

development needs.

(iii)

Low satisfactory.

The

Board rates a bank’s

investment performance “low

satisfactory” if, in general, it

demonstrates—

(A) an adequate level of

qualified investments,

particularly those that are

not routinely provided by

private investors, although

rarely in a leadership

position;

(B) occasional use of

innovative or complex

qualified investments; and

siveness to credit and

community development

needs.

(iv)

Needs to improve.

The

Board rates a bank’s invest-

ment performance “needs to

improve” if, in general, it

demonstrates—

(A) a poor level of qualified

investments, particularly

those that are not routinely

provided by private

investors;

(B) rare use of innovative or

complex qualified invest-

ments; and

credit and community

development needs.

(v)

Substantial noncompliance.

The Board rates a bank’s

investment performance as

being in “substantial noncom-

pliance” if, in general, it

demonstrates—

(A) few, if any, qualified

investments, particularly

those that are not routinely

provided by private

investors;

(B) no use of innovative or

complex qualified invest-

ments; and

Appendix A—Regulation BB: Community Reinvestment

A Guide to CRA Data Collection and Reporting 42

ness to credit and commu-

nity development needs.

(3)

Service-performance rating.

The Board assigns each bank’s

service performance one of the

five following ratings.

(i)

Outstanding.

The Board

rates a bank’s service

performance “outstanding” if, in

general, the bank

demonstrates—

(A) its service-delivery

systems are readily

accessible to geographies

and individuals of different

income levels in its

assessment area(s);

(B) to the extent changes

have been made, its record

of opening and closing

branches has improved the

accessibility of its delivery

systems, particularly in low-

or moderate-income geogra-

phies or to low- or moderate-

income individuals;

where appropriate, business

hours) are tailored to the

convenience and needs of

its assessment area(s),

particularly low- or

moderate-income geogra-

phies or low- or moderate-

income individuals; and

(D) it is a leader in providing

community development

services.

(ii)

High satisfactory.

The

Board rates a bank’s service

performance “high satisfactory”

if, in general, the bank

demonstrates—

(A) its service-delivery

systems are accessible to

geographies and individuals

of different income levels in

its assessment area(s);

(B) to the extent changes

have been made, its record

of opening and closing

branches has not adversely

affected the accessibility of

its delivery systems,

particularly in low- and

moderate-income geogra-

phies and to low- and

moderate-income

individuals;

where appropriate, business

hours) do not vary in a way

that inconveniences its

assessment area(s),

particularly low- and

moderate-income geogra-

phies and low- and

moderate-income individ-

uals; and

(D) it provides a relatively

high level of community

development services.

(iii)

Low satisfactory.

The

Board rates a bank’s service

performance “low satisfactory”

if, in general, the bank

demonstrates—

(A) its service-delivery

systems are reasonably

accessible to geographies

and individuals of different

income levels in its

assessment area(s);

(B) to the extent changes

have been made, its record

of opening and closing

branches has generally not

adversely affected the

accessibility of its delivery

systems, particularly in low-

and moderate-income

geographies and to low- and

moderate-income

individuals;

where appropriate, business

hours) do not vary in a way

that inconveniences its

assessment area(s),

particularly low- and

moderate-income geogra-

phies and low- and

moderate-income individ-

uals; and

(D) it provides an adequate

level of community

development services.

(iv)

Needs to improve.

The

Board rates a bank’s service

performance “needs to

improve” if, in general, the bank

demonstrates—

(A) its service-delivery

systems are unreasonably

inaccessible to portions of its

assessment area(s),

particularly to low- or

moderate-income geogra-

phies or to low- or moderate-

income individuals;

(B) to the extent changes

have been made, its record

of opening and closing

branches has adversely

affected the accessibility of

its delivery systems,

particularly in low- or

moderate-income geogra-

phies or to low- or moderate-

income individuals;

where appropriate, business

hours) vary in a way that

inconveniences its assess-

ment area(s), particularly

low- or moderate-income

geographies or low- or

moderate-income

individuals; and

(D) it provides a limited

level of community

development services.

(v)

Substantial noncompliance.

The Board rates a bank’s

service performance as being

in “substantial noncompliance”

if, in general, the bank

demonstrates—

(A) its service-delivery

Appendix A—Regulation BB: Community Reinvestment

A Guide to CRA Data Collection and Reporting 43

systems are unreasonably

inaccessible to significant

portions of its assessment

area(s), particularly to low-

or moderate-income

geographies or to low- or

moderate-income

individuals;

(B) to the extent changes

have been made, its record

of opening and closing

branches has significantly

adversely affected the

accessibility of its delivery

systems, particularly in low-

or moderate-income geogra-

phies or to low- or moderate-

income individuals;

where appropriate, business

hours) vary in a way that

significantly inconveniences

its assessment area(s),

particularly low- or

moderate-income geogra-

phies or low- or moderate-

income individuals; and

(D) it provides few, if any,

community development

services.

(c)

Wholesale or limited-purpose

banks.

The Board assigns each

wholesale or limited-purpose bank’s

community development perfor-

mance one of the four following

ratings.

(1)

Outstanding.

The Board rates

a wholesale or limited-purpose

bank’s community development

performance “outstanding” if, in

general, it demonstrates—

(i) a high level of community

development loans, community

development services, or

qualified investments,

particularly investments that

are not routinely provided by

private investors;

(ii) extensive use of innovative

or complex qualified invest-

ments, community develop-

ment loans, or community

development services; and

(iii) excellent responsiveness

to credit and community

development needs in its

assessment area(s).

(2)

Satisfactory.

The Board rates

a wholesale or limited-purpose

bank’s community development

performance “satisfactory” if, in

general, it demonstrates—

(i) an adequate level of

community development loans,

community development

services, or qualified invest-

ments, particularly investments

that are not routinely provided

by private investors;

(ii) occasional use of innova-

tive or complex qualified

investments, community

development loans, or

community development

services; and

(iii) adequate responsiveness

to credit and community

development needs in its

assessment area(s).

(3)

Needs to improve.

The Board

rates a wholesale or limited-

purpose bank’s community

development performance as

“needs to improve” if, in general, it

demonstrates—

(i) a poor level of community

development loans, community

development services, or

qualified investments,

particularly investments that

are not routinely provided by

private investors;

(ii) rare use of innovative or

complex qualified investments,

community development loans,

or community development

services; and

(iii) poor responsiveness to

credit and community

development needs in its

assessment area(s).

(4)

Substantial noncompliance.

The Board rates a wholesale or

limited-purpose bank’s community

development performance in

“substantial noncompliance” if, in

general, it demonstrates—

(i) few, if any, community

development loans, community

development services, or

qualified investments, partic-

ularly investments that are not

routinely provided by private

investors;

(ii) no use of innovative or

complex qualified investments,

community development loans,

or community development

services; and

(iii) very poor responsiveness

to credit and community

development needs in its

assessment area(s).

(d)

Banks evaluated under the

small-bank performance standards.

The Board rates the performance of

each bank evaluated under the

small-bank performance standards

as follows.

(1)

Eligibility for a satisfactory

rating.

The Board rates a bank’s

performance “satisfactory” if, in

general, the bank demonstrates—

(i) a reasonable loan-to-

deposit ratio (considering

seasonal variations) given the

bank’s size, financial condition,

the credit needs of its assess-

ment area(s), and taking into

account, as appropriate,

lending-related activities such

as loan originations for sale to

the secondary markets and

community development loans

and qualified investments;

(ii) a majority of its loans and,

Appendix A—Regulation BB: Community Reinvestment

A Guide to CRA Data Collection and Reporting 44

as appropriate, other lending-

related activities are in its

assessment area(s);

(iii) a distribution of loans to

and, as appropriate, other

lending-related activities for

individuals of different income

levels (including low- and

moderate-income individuals)

and businesses and farms of

different sizes that is

reasonable given the

demographics of the bank’s

assessment area(s);

(iv) a record of taking

appropriate action, as

warranted, in response to

written complaints, if any, about

the bank’s performance in

helping to meet the credit

needs of its assessment

area(s); and

(v) a reasonable geographic

distribution of loans given the

bank’s assessment area(s).

(2)

Eligibility for an outstanding

rating.

A bank that meets each of

the standards for a “satisfactory”

rating under this paragraph and

exceeds some or all of those

standards may warrant

consideration for an overall rating

of “outstanding.” In assessing

whether a bank’s performance is

“outstanding,” the Board

considers the extent to which the

bank exceeds each of the

performance standards for a

“satisfactory” rating and its

performance in making qualified

investments and its performance

in providing branches and other

services and delivery systems

that enhance credit availability in

its assessment area(s).

(3)

“Needs to improve” or

“substantial noncompliance”

ratings.

A bank also may receive

a rating of “needs to improve” or

“substantial noncompliance”

depending on the degree to which

its performance has failed to meet

the standards for a “satisfactory”

rating.

(e)

Strategic-plan assessment and

rating.

(1)

Satisfactory goals.

The Board

approves as “satisfactory”

measurable goals that adequately

help to meet the credit needs of

the bank’s assessment area(s).

(2)

Outstanding goals.

If the plan

identifies a separate group of

measurable goals that

substantially exceed the levels

approved as “satisfactory,” the

Board will approve those goals as

“outstanding.”

(3)

Rating.

The Board assesses

the performance of a bank

operating under an approved plan

to determine if the bank has met

its plan goals:

(i) If the bank substantially

achieves its plan goals for a

satisfactory rating, the Board

will rate the bank’s

performance under the plan as

“satisfactory.”

(ii) If the bank exceeds its plan

goals for a satisfactory rating

and substantially achieves its

plan goals for an outstanding

rating, the Board will rate the

bank’s performance under the

plan as “outstanding.”

(iii) If the bank fails to meet

substantially its plan goals for a

satisfactory rating, the Board

will rate the bank as either

“needs to improve” or

“substantial noncompliance,”

depending on the extent to

which it falls short of its plan

goals, unless the bank elected

in its plan to be rated

otherwise, as provided in

section 228.27(f)(4).

APPENDIX B—CRA Notice

(a)

Notice for main offices and, if an

interstate bank, one branch office in

each state.

COMMUNITY REINVESTMENT ACT

NOTICE

Under the Federal Community

Reinvestment Act (CRA), the Federal

Reserve Board (Board) evaluates our

record of helping to meet the credit

needs of this community consistent with

safe and sound operations. The Board

also takes this record into account when

deciding on certain applications

submitted by us.

Your involvement is encouraged.

You are entitled to certain information

about our operations and our

performance under the CRA, including,

for example, information about our

branches, such as their location and

services provided at them; the public

section of our most recent CRA

performance evaluation, prepared by the

Federal Reserve Bank of_____(Reserve

Bank); and comments received from the

public relating to our performance in

helping to meet community credit needs,

as well as our responses to those

comments. You may review this

information today.

At least 30 days before the beginning

of each quarter, the Federal Reserve

System publishes a list of the banks that

are scheduled for CRA examination by

the Reserve Bank in that quarter. This

list is available from (title of responsible

official), Federal Reserve Bank

of_____(address). You may send written

comments about our performance in

helping to meet community credit needs

to (name and address of official at bank)

and (title of responsible official), Federal

Reserve Bank of_____ (address). Your

letter, together with any response by us,

will be considered by the Federal

Reserve System in evaluating our CRA

performance and may be made public.

You may ask to look at any comments

received by the Reserve Bank. You may

also request from the Reserve Bank an

announcement of our applications

Appendix A—Regulation BB: Community Reinvestment

A Guide to CRA Data Collection and Reporting 45

covered by the CRA filed with the

Reserve Bank. We are an affiliate of

(name of holding company), a bank

holding company. You may request from

(title of responsible official), Federal

Reserve Bank of_____(address) an

announcement of applications covered

by the CRA filed by bank holding

companies.

(b)

Notice for branch offices.

COMMUNITY REINVESTMENT ACT

NOTICE

Under the Federal Community

Reinvestment Act (CRA), the Federal

Reserve Board (Board) evaluates our

record of helping to meet the credit

needs of this community consistent with

safe and sound operations. The Board

also takes this record into account when

deciding on certain applications

submitted by us.

Your involvement is encouraged.

You are entitled to certain information

about our operations and our

performance under the CRA. You may

review today the public section of our

most recent CRA evaluation, prepared

by the Federal Reserve Bank of_____

(address), and a list of services provided

at this branch. You may also have

access to the following additional

information, which we will make

available to you at this branch within five

calendar days after you make a request

to us: (1) a map showing the

assessment area containing this branch,

which is the area in which the Board

evaluates our CRA performance in this

community; (2) information about our

branches in this assessment area; (3) a

list of services we provide at those

locations; (4) data on our lending

performance in this assessment area;

and (5) copies of all written comments

received by us that specifically relate to

our CRA performance in its assessment

area, and any responses we have made

to those comments. If we are operating

under an approved strategic plan, you

may also have access to a copy of the

plan.

[If you would like to review information

about our CRA performance in other

communities served by us, the public file

for our entire bank is available at (name

of office located in state), located at

(address).]

At least 30 days before the beginning

of each quarter, the Federal Reserve

System publishes a list of the banks that

are scheduled for CRA examination by

the Reserve Bank in that quarter. This

list is available from (title of responsible

official), Federal Reserve Bank of_____

(address). You may send written

comments about our performance in

helping to meet community credit needs

to (name and address of official at bank)

and (title of responsible official), Federal

Reserve Bank of_____ (address). Your

letter, together with any response by us,

will be considered by the Federal

Reserve System in evaluating our CRA

performance and may be made public.

You may ask to look at any comments

received by the Reserve Bank. You may

also request from the Reserve Bank an

announcement of our applications

covered by the CRA filed with the

Reserve Bank. We are an affiliate of

(name of holding company), a bank

holding company. You may request from

(title of responsible official), Federal

Reserve Bank of_____ (address) an

announcement of applications covered

by the CRA filed by bank holding

companies.

A Guide to CRA Data Collection and Reporting 46

Appendix B—

Schedule RC-C,

Part II

Loans to Small

Businesses and

Small Farms

September 1997

General Instructions

Schedule RC-C, part II, is to be

completed only as of the June 30

report date.

Schedule RC-C, part II, requests

information on the number and

amount currently outstanding of

“loans to small businesses” and

“loans to small farms,” as defined

below. This information is being

collected pursuant to Section 122 of

the Federal Deposit Insurance

Corporation Improvement Act of

1991.

For purposes of this schedule,

“loans to small businesses”

consist of the following:

(1) Loans with original amounts of

$1 million or less that have been

reported in Schedule RC-C, part

I, item 1.e (column B on the

FFIEC 031), “Loans secured by

nonfarm nonresidential

properties” (in domestic offices),

and

(2) Loans with original amounts of

$1 million or less that have been

reported in Schedule RC-C, part

I, item 4, “Commercial and

industrial loans,” on the FFIEC

034; item 4.a, “Commercial and

industrial loans to U.S.

addressees,” on the FFIEC 032

and 033; and item 4.a, column B,

“Commercial and industrial loans

to U.S. addressees” in domestic

offices, on the FFIEC 031.

1.e Secured by nonfarm

nonresidential properties.

Report (on the FFIEC 031, in

column B) loans secured by real

estate as evidenced by

mortgages or other liens on

business and industrial

properties, hotels, motels,

churches, hospitals, educational

and charitable institutions,

dormitories, clubs, lodges,

association buildings, “homes” for

aged persons and orphans, golf

courses, recreational facilities,

and similar properties.

Exclude

loans for nonfarm

nonresidential property

construction and land

development purposes with

original maturities of 60 months

or less (report in Schedule RC-C,

part I, item 1.a).*

4 Commercial and industrial

loans. Report (on the FFIEC 031,

in columns A and B, as

appropriate) loans for commercial

and industrial purposes to sole

proprietorships, partnerships,

corporations, and other business

enterprises, whether secured

(other than by real estate) or

unsecured, single-payment or

installment. On the FFIEC 031,

032, and 033, report in the

appropriate subitem commercial

and industrial loans to U.S. and

non-U.S. addressees.

Commercial and industrial loans

may take the form of direct or

purchased loans. Include the

reporting bank’s own

acceptances that it holds in its

As of 3/31/01,

the following change to item

1(a) of Part I is effective: Item 1.a.

“Construction, land development, and

other land loans”—At present, the Call

Report instruction for “Construction and land

development” loans directs banks to exclude

from this loan category (a) loans to acquire

and hold vacant land and (b) construction

loans with original maturities greater than 60

months. These two types of loans are

currently reported in items 1.b through 1.e of

Schedule RC-C, part I, as loans secured by

farmland, 1–4 family residential properties,

multifamily residential properties, or nonfarm

nonresidential properties, as appropriate. The

revised definitions for the five categories of

“Loans secured by real estate” will require

land loans and long-term construction loans

to be reported in recaptioned item 1.a.

“construction, land development, and other

land loans.”

Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

A Guide to CRA Data Collection and Reporting 47

portfolio when the account party

is a commercial or industrial

enterprise. Also include loans to

individuals for commercial,

industrial, and professional

purposes but not for investment

or personal expenditure

purposes. Exclude all commercial

and industrial loans held for

trading.

Include

loans of the types listed

below. These descriptions may

overlap and are not all inclusive.

(1) Loans for commercial,

industrial, and professional

purposes to:

(a) mining, oil- and gas-

producing, and quarrying

companies;

(b) manufacturing

companies of all kinds,

including those which

process agricultural

commodities;

(d) transportation and

communications companies

and public utilities;

(e) wholesale and retail

trade enterprises and other

dealers in commodities;

(f) cooperative associations

including farmers’

cooperatives;

(g) service enterprises such

as hotels, motels, laundries,

automotive service stations,

and nursing homes and

hospitals operated for profit;

(h) insurance agents; and

(i) practitioners of law,

medicine, and public

accounting.

(2) Loans for the purpose of

financing capital expenditures

and current operations.

(3) Loans to business enter-

prises guaranteed by the Small

Business Administration.

(4) Loans to farmers for

commercial and industrial

purposes (when farmers

operate a business enterprise

as well as a farm).

(5) Loans supported by letters

of commitment from the

Agency for International

Development.

(6) Loans made to finance

construction that are not

secured by real estate.

(7) Loans to merchants or

dealers on their own

promissory notes secured by

the pledge of their own

installment paper.

(8) Loans extended under

credit cards and related plans

that are readily identifiable as

being issued in the name of a

commercial or industrial

enterprise.

(9) Dealer flooring or floor-plan

loans.

(10) Loans collateralized by

production payments (e.g., oil

or mining production

payments). Treat as a loan to

the original seller of the

production payment rather

than to the holder of the

production payment. For

example, report in this item, as

a loan to an oil company, a

loan made to a nonprofit

organization collateralized by

an oil production payment; do

not include in Schedule RC-C,

part I, item 8 on the FFIEC 034

or item 9 on the FFIEC 031,

032, and 033 as a loan to the

nonprofit organization.

(11) Loans and participations

in loans secured by conditional

sales contracts made to

finance the purchase of

commercial transportation

equipment.

(12) Commercial and industrial

loans guaranteed by foreign

governmental institutions.

(13) Overnight lending for

commercial and industrial

purposes.

Exclude

from commercial and

industrial loans:

(1) Loans secured by real

estate, even if for commercial

and industrial purposes (report

in Schedule RC-C, part I,

item1).

(2) Loans to depository

institutions (report in Schedule

RC-C, part I, item 2).

(3) Loans to nondepository

financial institutions such as

real estate investment trusts,

mortgage companies, and

insurance companies (report

as all other loans in Schedule

RC-C, part I, item 8 on the

FFIEC 034; item 9 on the

FFIEC 031, 032, and 033).

(4) Loans for the purpose of

purchasing or carrying

securities (report in Schedule

RC-C, part I, item 8 on the

FFIEC 034; item 9 on the

FFIEC 031, 032, and 033).

(5) Loans for the purpose of

financing agricultural

production, whether made to

farmers or to nonagricultural

businesses (report in Schedule

RC-C, part I, item 3).

(6) Loans to nonprofit organi-

zations, such as hospitals or

educational institutions (report

as all other loans in Schedule

RC-C, part I, item 8 on the

FFIEC 034; item 9 on the

FFIEC 031, 032, and 033),

except those for which oil or

mining production payments

serve as collateral which are to

be reported in this item.

(7) Holdings of acceptances

accepted by other banks

Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

A Guide to CRA Data Collection and Reporting 48

(report in Schedule RC-C,

part I, item 5).

(8) Holdings of own

acceptances when the account

party is another bank (report in

Schedule RC-C, part I, item 2)

or a foreign government or

official institution (report in

Schedule RC-C, part I, item 8

on the FFIEC 034; item 7 on

the FFIEC 031, 032, and 033).

(9) Equipment trust certificates

(report in Schedule RC-B,

item 5, “Other debt securities”).

(10) Any commercial or

industrial loans held by the

reporting bank for trading

(report in Schedule RC, item 5,

“Trading assets”).

For purposes of this schedule,

“loans to small farms” consist of

the following:

(1) Loans with original amounts of

$500,000 or less that have been

reported in Schedule RC-C, part

I, item 1.b (column B on the

FFIEC 031), “Loans secured by

farmland (including farm

residential and other improve-

ments)” (in domestic offices), and

(2) Loans with original amounts of

$500,000 or less that have been

reported in Schedule RC-C, part

I, item 3 (column B on the FFIEC

031), “Loans to finance agri-

cultural production and other

loans to farmers” (in domestic

offices).

1.b Secured by farmland.

Report (on the FFIEC 031, in

column B) loans secured by

farmland and improvements

thereon, as evidenced by

mortgages or other liens.

Farmland includes all land known

to be used or usable for

agricultural purposes, such as

crop and livestock production.

Farmland includes grazing or

pasture land, whether tillable or

not and whether wooded or not.

Include

loans secured by farm-

land that are guaranteed by the

Farmers Home Administration

(FmHA) or by the Small Business

Administration (SBA) and that are

extended, serviced, and collected

by any party other than FmHA or

SBA. Exclude, however, loans

extended, serviced, collected,

and insured by FmHA (report in

Schedule RC-B, item 2.a,

Securities “Issued by U.S.

Government agencies”). Also

exclude loans for farm property

construction and land develop-

ment purposes with original

maturities of 60 months or less

(report in Schedule RC-C, part I,

item 1.a).

3 Loans to finance agricultural

production and other loans to

farmers. Report (on the FFIEC

031, in columns A and B, as

appropriate) loans for the

purpose of financing agricultural

production. Include such loans

whether secured (other than by

real estate) or unsecured and

whether made to farm and ranch

owners and operators (including

tenants) or to nonfarmers. All

other loans to farmers, other than

those excluded below, should

also be reported in this item.

Include

as loans to finance

agricultural production and other

loans to farmers:

(1) Loans and advances made

for the purpose of financing

agricultural production,

including the growing and

storing of crops, the marketing

or carrying of agricultural

products by the growers

thereof, and the breeding,

raising, fattening, or marketing

of livestock.

(2) Loans and advances made

for the purpose of financing

fisheries and forestries,

including loans to commercial

fishermen.

(3) Agricultural notes and other

notes of farmers that the bank

has discounted for, or pur-

chased from, merchants and

dealers, either with or without

recourse to the seller.

(4) Loans to farmers that are

guaranteed by the Farmers

Home Administration (FmHA)

or by the Small Business

Administration (SBA) and that

are extended, serviced, and

collected by a party other than

the FmHA or SBA.

(5) Loans and advances to

farmers for purchases of farm

machinery, equipment, and

implements.

(6) Loans and advances to

farmers for all other purposes

associated with the

maintenance or operations of

the farm, including purchases

of private passenger auto-

mobiles and other retail

consumer goods and

provisions for the living

expenses of farmers or

ranchers and their families.

Loans to farmers for house-

hold, family, and other personal

expenditures (including credit

cards and related plans) that

are not readily identifiable as

being made to farmers need

not be broken out of Schedule

RC-C, part I, item 6 for

inclusion in this item.

Exclude

from loans to finance

agricultural production and other

loans to farmers:

(1) Loans secured by real

estate (report in Schedule

RC-C, part I, item 1).

Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

A Guide to CRA Data Collection and Reporting 49

(2) Loans to farmers for

commercial and industrial

purposes, e.g., when a farmer

is operating a business

enterprise as well as a farm

(report in Schedule RC-C,

part I, item 4).

(3) Loans to farmers for the

purpose of purchasing or

carrying stocks, bonds, and

other securities (report as all

other loans in Schedule RC-C,

part I, item 8, on the FFIEC

034; report as loans for

purchasing or carrying

securities in Schedule RC-C,

part I, item 9, on the FFIEC

031, 032, and 033).

(4) Loans to farmers secured

by oil or mining production

payments (report in Schedule

RC-C, part I, item 4).

(5) Notes insured by the

Farmers Home Administration

(FmHA) and instruments

(certificates of beneficial

ownership, insured note

insurance contracts) repre-

senting an interest in FmHA-

insured notes (report in

Schedule RC-B, item 2.a,

Securities “Issued by U.S.

Government agencies”). Such

notes and instruments are

backed by loans made,

serviced, and collected by the

Farmers Home Administration

and were issued prior to

January 1, 1975.

The following guidelines should be

used to determine the “original

amount” of a loan:

(1) For loans drawn down under

lines of credit or loan

commitments, the “original

amount” of the loan is the size of

the line of credit or loan

commitment when the line of

credit or loan commitment was

most

recently

approved,

extended, or renewed prior to the

report date. However, if the

amount currently outstanding as

of the report date exceeds this

size, the “original amount” is the

amount currently outstanding on

the report date.

(2) For loan participations and

syndications, the “original

amount” of the loan participation

or syndication is the entire

amount of the credit originated by

the lead lender.

(3) For all other loans, the

“original amount” is the total

amount of the loan at origination

or the amount currently

outstanding as of the report date,

whichever is larger.

The “amount currently

outstanding” for a loan is its

carrying value, i.e., the amount at

which the loan is reported in

Schedule RC-C, part I, item 1.b, 1.e,

3, or 4, above.

Except as noted below for

“corporate” or “business” credit card

programs, when determining

“original amounts” and reporting the

number and amount currently

outstanding for a category of loans

in this part II, multiple loans to one

borrower should be combined and

reported on an aggregate basis

rather than as separate individual

loans to the extent that the loan

systems in which the bank’s

business and/or farm loan data are

maintained can provide aggregate

individual borrower data without

undue cost to the reporting institu-

tion. However, if the burden of such

aggregation would be excessive, the

institution may report multiple loans

to one borrower as separate

individual loans.

A bank that offers “corporate” or

“business” credit card programs

under which credit cards are issued

to one or more of a company’s

employees for business-related use

should treat each company’s

program as a single extension of

credit to that company. The credit

limits for all of the individual credit

cards issued to the company’s

employees should be totalled and

this total should be treated as the

“original amount” of the “corporate”

or “business” credit card program

established for this company. The

company’s program should be

reported as

one

loan and the

amount currently outstanding would

be the sum of the credit card

balances as of the June 30 report

date on each of the individual credit

cards issued to the company’s

employees. However, when

aggregated data for each individual

company in a “corporate” or

“business” credit card program are

not readily determinable from the

bank’s credit card records, the bank

should develop reasonable

estimates of the number of

“corporate” or “business” credit card

programs in existence as of the

June 30 report date, the “original

amounts” of these programs, and

the “amounts currently outstanding”

for these programs and should then

report information about these

programs on the basis of its

reasonable estimates. In no case

should the individual credit cards

issued to a company’s employees

under a “corporate” or “business”

credit card program be reported as

separate individual loans to small

businesses.

Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

A Guide to CRA Data Collection and Reporting 50

Loans

to Small Businesses

Item

No. Caption and Instructions

1 Indicate in the appropriate box

at the right whether all or

substantially all of the dollar

volume of your bank’s “Loans

secured by nonfarm

nonresidential properties” (in

domestic offices) reported in

Schedule RC-C, part I, item

1.e, and all or substantially all

of the dollar volume of your

bank’s “Commercial and

industrial loans (to U.S.

addressees)” (in domestic

offices) reported in Schedule

RC-C, part I, item 4, have

original amounts of $100,000

or less.

If: (a) the average size of the

amount currently outstanding for

your bank’s “Loans secured by

nonfarm nonresidential

properties” (in domestic offices)

as reported in Schedule RC-C,

part I, above, is $100,000 or

less,

and

(b) the average size of the

amount currently outstanding for

your bank’s “Commercial and

industrial loans (to U.S.

addressees)” (in domestic

offices) as reported in Schedule

RC-C, part I, above, is $100,000

or less,

and

knowledge of your bank’s loans

or other relevant information

pertaining to “Loans secured by

nonfarm nonresidential

properties” (in domestic offices)

and “Commercial and industrial

loans (to U.S. addressees)” (in

domestic offices) indicates that

all or substantially all of the

dollar volume of your bank’s

loans in

each

of these two

categories has “original

amounts” (as described above in

the General Instructions to this

part II) of $100,000 or less, place

an “X” in the box marked “YES,”

complete items 2.a and 2.b

below, skip items 3 and 4, and

go to item 5.

If your bank has

loans

outstanding in

both

of these two

loan categories, place an “X” in

the box marked “NO,” skip items

2 through 4, and go to item 5.

Otherwise, place an “X” in the

box marked “NO,” skip items 2.a

and 2.b, complete items 3 and 4

below, and go to item 5.

2 Report the total number of

loans currently outstanding

for each of the following

Schedule RC-C, part I, loan

categories. Multiple loans to

one borrower should be

combined and reported on an

aggregate basis rather than as

separate individual loans to the

extent that the loan systems in

which the bank’s business and/

or farm loan data are maintained

can provide aggregate individual

borrower data without undue

cost to the reporting institution.

However, if the burden of such

aggregation would be excessive,

the institution may report

multiple loans to one borrower

as separate individual loans.

2.a Number of “Loans secured by

nonfarm nonresidential

properties” (in domestic

offices) reported in Schedule

RC-C, part I, item 1.e. Count the

number of individual loans

currently outstanding whose

carrying values add up to the

amount reported in Schedule

RC-C, part I, item 1.e (column B

on the FFIEC 031), “Loans

secured by nonfarm

nonresidential properties” (in

domestic offices).

2.b Number of “Commercial and

industrial loans (to U.S.

addressees)” (in domestic

offices) reported in Schedule

RC-C, part I, item 4. Count the

number of individual loans

currently outstanding whose

carrying values add up to the

amount reported in Schedule

RC-C, part I, item 4 (column B

on the FFIEC 031), “Commercial

and industrial loans (to U.S.

addressees)” (in domestic

offices).

3 Number and amount currently

outstanding of “Loans

secured by nonfarm

nonresidential properties” (in

domestic offices) reported in

Schedule RC-C, part I, item

1.e. See the General

Instructions to this part II for the

guidelines for determining the

“original amount” of a loan.

Multiple loans to one borrower

should be combined and

reported on an aggregate basis

rather than as separate

individual loans to the extent

that the loan systems in which

the bank’s business and/or farm

loan data are maintained can

provide aggregate individual

borrower data without undue

cost to the reporting institution.

However, if the burden of such

aggregation would be excessive,

the institution may report

multiple loans to one borrower

as separate individual loans.

The sum of the amounts

currently outstanding reported in

items 3.a through 3.c, column B,

Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

A Guide to CRA Data Collection and Reporting 51

must be less than or equal to

Schedule RC-C, part I, item 1.e

(column B on the FFIEC 031).

3.a With original amounts of

$100,000 or less. Add up the

total carrying value of all

currently outstanding “Loans

secured by nonfarm

nonresidential properties” (in

domestic offices) with “original

amounts” of $100,000 or less

and report this total amount in

column B. Do

not

add up the

“original amounts” of each of

these loans and report the total

original amount in column B.

Count the number of individual

“Loans secured by nonfarm

nonresidential properties” (in

domestic offices) whose carrying

values were included in the

amount reported in column B for

this item (i.e., those “Loans

secured by nonfarm

nonresidential properties” (in

domestic offices) with “original

amounts” of $100,000 or less).

Report this number in column A.

3.b With original amounts of more

than $100,000 through

$250,000. Add up the total

carrying value of all currently

outstanding “Loans secured by

nonfarm nonresidential

properties” (in domestic offices)

with “original amounts” of more

than $100,000 through

$250,000 and report this total

amount in column B. Do

not

add

up the “original amounts” of

each of these loans and report

the total original amount in

column B.

Count the number of individual

“Loans secured by nonfarm

nonresidential properties” (in

domestic offices) whose

carrying values were included in

the amount reported in column

B for this item (i.e., those “Loans

secured by nonfarm

nonresidential properties” (in

domestic offices) with “original

amounts” of more than

$100,000 through $250,000).

Report this number in column A.

3.c With original amounts of more

than $250,000 through

$1,000,000. Add up the total

carrying value of all currently

outstanding “Loans secured by

nonfarm nonresidential

properties” (in domestic offices)

with “original amounts” of more

than $250,000 through

$1,000,000 and report this total

amount in column B. Do

not

add

up the “original amounts” of

each of these loans and report

the total original amount in

column B.

Count the number of individual

“Loans secured by nonfarm

nonresidential properties” (in

domestic offices) whose carrying

values were included in the

amount reported in column B for

this item (i.e., those “Loans

secured by nonfarm

nonresidential properties” (in

domestic offices) with “original

amounts” of more than $250,000

through $1,000,000). Report this

number in column A.

4 Number and amount currently

outstanding of “Commercial

and industrial loans (to U.S.

addressees)” (in domestic

offices) reported in Schedule

RC-C, part I, item 4. See the

General Instructions to this part

II for the guidelines for

determining the “original

amount” of a loan and for the

treatment of “corporate” or

“business” credit card programs.

Multiple loans to one borrower

should be combined and

reported on an aggregate basis

rather than as separate

individual loans to the extent

that the loan systems in which

the bank’s business and/or farm

loan data are maintained can

provide aggregate individual

borrower data without undue

cost to the reporting institution.

However, if the burden of such

aggregation would be excessive,

the institution may report

multiple loans to one borrower

as separate individual loans.

The sum of the amounts

currently outstanding reported in

items 4.a through 4.c, column B,

must be less than or equal to

Schedule RC-C, part I, item 4 on

the FFIEC 034, item 4.a on the

FFIEC 032 and 033, and item

4.a, column B on the FFIEC

031.

4.a With original amounts of

$100,000 or less. Add up the

total carrying value of all

currently outstanding

“Commercial and industrial loans

(to U.S. addressees)” (in

domestic offices) with “original

amounts” of $100,000 or less

and report this total amount in

column B. Do

not

add up the

“original amounts” of each of

these loans and report the total

original amount in column B.

Count the number of individual

“Commercial and industrial loans

(to U.S. addressees)” (in

domestic offices) whose carrying

values were included in the

amount reported in column B for

this item (i.e., those “Commercial

and industrial loans (to U.S.

addressees)” (in domestic

offices) with “original amounts”

Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

A Guide to CRA Data Collection and Reporting 52

of $100,000 or less). Report this

number in column A.

4.b With original amounts of more

than $100,000 through

$250,000. Add up the total

carrying value of all currently

outstanding “Commercial and

industrial loans (to U.S.

addressees)” (in domestic

offices) with “original amounts”

of more than $100,000 through

$250,000 and report this total

amount in column B. Do

not

add

up the “original amounts” of each

of these loans and report the

total original amount in

column B.

Count the number of individual

“Commercial and industrial loans

(to U.S. addressees)” (in

domestic offices) whose

carrying values were included in

the amount reported in column

B for this item (i.e., those

“Commercial and industrial

loans (to U.S. addressees)” (in

domestic offices) with “original

amounts” of more than

$100,000 through $250,000).

Report this number in column A.

4.c With original amounts of more

than $250,000 through

$1,000,000. Add up the total

carrying value of all currently

outstanding “Commercial and

industrial loans (to U.S.

addressees)” (in domestic

offices) with “original amounts”

of more than $250,000 through

$1,000,000 and report this total

amount in column B. Do not add

up the “original amounts” of each

of these loans and report the

total original amount in

column B.

Count the number of individual

“Commercial and industrial loans

(to U.S. addressees)” (in

domestic offices) whose

carrying values were included in

the amount reported in column

B for this item (i.e., those

“Commercial and industrial

loans (to U.S. addressees)” (in

domestic offices) with “original

amounts” of more than

$250,000 through $1,000,000).

Report this number in column A.

Agricultural Loans

to Small Farms

Item

No. Caption and Instructions

5 Indicate in the appropriate box

at the right whether all or

substantially all of the dollar

volume of your bank’s “Loans

secured by farmland

(including farm residential and

other improvements)” (in

domestic offices) reported in

Schedule RC-C, part I, item

1.b, and all or substantially all

of the dollar volume of your

bank’s “Loans to finance

agricultural production and

other loans to farmers” (in

domestic offices) reported in

Schedule RC-C, part I, item 3,

have original amounts of

$100,000 or less.

If: (a) the average size of the

amount currently outstanding for

your bank’s “Loans secured by

farmland (including farm

residential and other improve-

ments)” (in domestic offices) as

reported in Schedule RC-C, part

I, above, is $100,000 or less,

and

(b) the average size of the

amount currently outstanding for

your bank’s “Loans to finance

agricultural production and other

loans to farmers” (in domestic

offices) as reported in Schedule

RC-C, part I, above, is $100,000

or less,

and

knowledge of your bank’s loans

or other relevant information

pertaining to “Loans secured by

farmland (including farm residen-

tial and other improvements” (in

domestic offices) and your

“Loans to finance agricultural

production and other loans to

farmers” (in domestic offices)

indicates that all or substantially

all of the dollar volume of your

bank’s loans in

each

of these

two categories has “original

amounts” (as described above in

the General Instructions to this

part II) of $100,000 or less,

place an “X” in the box marked

“YES,” complete items 6.a and

6.b below, and do not complete

items 7 and 8 below.

If your bank has

loans

outstanding in

both

of these two

loan categories, place an “X” in

the box marked “NO,” and do not

complete items 6 through 8.

Otherwise, place an “X” in the

box marked “NO,” skip items 6.a

and 6.b, and complete items 7

and 8 below.

6 Report the total number of

loans currently outstanding

for each of the following

Schedule RC-C, part I, loan

categories. Multiple loans to

one borrower should be

combined and reported on an

aggregate basis rather than as

separate individual loans to the

extent that the loan systems in

which the bank’s business and/

or farm loan data are maintained

can provide aggregate individual

borrower data without undue

Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

A Guide to CRA Data Collection and Reporting 53

cost to the reporting institution.

However, if the burden of such

aggregation would be excessive,

the institution may report

multiple loans to one borrower

as separate individual loans.

6.a Number of “Loans secured by

farmland (including farm

residential and other

improvements)” (in domestic

offices) reported in Schedule

RC-C, part I, item 1.b. Count

the number of individual loans

currently outstanding whose

carrying values add up to the

amount reported in Schedule

RC-C, part I, item 1.b (column B

on the FFIEC 031), “Loans

secured by farmland (including

farm residential and other

improvements)” (in domestic

offices).

6.b Number of “Loans to finance

agricultural production and

other loans to farmers” (in

domestic offices) reported in

Schedule RC-C, part I, item 3.

Count the number of individual

loans currently outstanding

whose carrying values add up to

the amount reported in Schedule

RC-C, part I, item 3 (column B

on the FFIEC 031), “Loans to

finance agricultural production

and other loans to farmers” (in

domestic offices).

7 Number and amount currently

outstanding of “Loans

secured by farmland

(including farm residential and

other improvements)” (in

domestic offices) reported in

Schedule RC-C, part I, item

1.b. See the General

Instructions to this part II for the

guidelines for determining the

“original amount” of a loan.

Multiple loans to one borrower

should be combined and

reported on an aggregate basis

rather than as separate

individual loans to the extent

that the loan systems in which

the bank’s business and/or farm

loan data are maintained can

provide aggregate individual

borrower data without undue

cost to the reporting institution.

However, if the burden of such

aggregation would be excessive,

the institution may report

multiple loans to one borrower

as separate individual loans.

7.a With original amounts of

$100,000 or less. Add up the

total carrying value of all

currently outstanding “Loans

secured by farmland (including

farm residential and other

improvements)” (in domestic

offices) with “original amounts”

of $100,000 or less and report

this total amount in column B.

not

add up the “original

amounts” of each of these loans

and report the total original

amount in column B.

Count the number of individual

“Loans secured by farmland

(including farm residential and

other improvements” (in

domestic offices) whose carrying

values were included in the

amount reported in column B for

this item (i.e., those “Loans

secured by farmland (including

farm residential and other

improvements)” (in domestic

offices) with “original amounts”

of $100,000 or less). Report this

number in column A.

7.b With original amounts of more

than $100,000 through

$250,000. Add up the total

carrying value of all currently

outstanding “Loans secured by

farmland (including farm

residential and other improve-

ments” (in domestic offices) with

“original amounts” of more than

$100,000 through $250,000 and

report this total amount in

column B. Do

not

add up the

“original amounts” of each of

these loans and report the total

original amount in column B.

Count the number of individual

“Loans secured by farmland

(including farm residential and

other improvements)” (in

domestic offices) whose carrying

values were included in the

amount reported in column B for

this item (i.e., those “Loans

secured by farmland (including

farm residential and other

improvements)” (in domestic

offices) with “original amounts”

of more than $100,000 through

$250,000). Report this number

in column A.

7.c With original amounts of more

than $250,000 through

$500,000. Add up the total

carrying value of all currently

outstanding “Loans secured by

farmland (including farm

residential and other improve-

ments)” (in domestic offices) with

“original amounts” of more than

$250,000 through $500,000 and

report this total amount in

column B. Do

not

add up the

“original amounts” of each of

these loans and report the total

original amount in column B.

Count the number of individual

“Loans secured by farmland

(including farm residential and

other improvements)” (in

domestic offices) whose carrying

values were included in the

amount reported in column B for

Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

A Guide to CRA Data Collection and Reporting 54

this item (i.e., those “Loans

secured by farmland (including

farm residential and other

improvements)” (in domestic

offices) with “original amounts”

of more than $250,000 through

$500,000). Report this number in

column A.

8 Number and amount currently

outstanding of “Loans to

finance agricultural

production and other loans to

farmers” (in domestic offices)

reported in Schedule RC-C,

part I, item 3. See the General

Instructions to this part II for the

guidelines for determining the

“original amount” of a loan.

Multiple loans to one borrower

should be combined and

reported on an aggregate basis

rather than as separate

individual loans to the extent

that the loan systems in which

the bank’s business and/or farm

loan data are maintained can

provide aggregate individual

borrower data without undue

cost to the reporting institution.

However, if the burden of such

aggregation would be excessive,

the institution may report

multiple loans to one borrower

as separate individual loans.

The sum of the amounts

currently outstanding reported in

items 8.a through 8.c, column B,

must be less than or equal to

Schedule RC-C, part I, item 3

(column B on the FFIEC 031).

8.a With original amounts of

$100,000 or less. Add up the

total carrying value of all

currently outstanding “Loans to

finance agricultural production

and other loans to farmers” (in

domestic offices) with “original

amounts” of $100,000 or less

and report this total amount in

column B. Do

not

add up the

“original amounts” of each of

these loans and report the total

original amount in column B.

Count the number of individual

“Loans to finance agricultural

production and other loans to

farmers” (in domestic offices)

whose carrying values were

included in the amount reported

in column B for this item (i.e.,

those “Loans to finance agricul-

tural production and other loans

to farmers” (in domestic offices)

with “original amounts” of

$100,000 or less). Report this

number in column A.

8.b With original amounts of more

than $100,000 through

$250,000. Add up the total

carrying value of all currently

outstanding “Loans to finance

agricultural production and other

loans to farmers” (in domestic

offices) with “original amounts”

of more than $100,000 through

$250,000 and report this total

amount in column B. Do not add

up the “original amounts” of

each of these loans and report

the total original amount in

column B.

Count the number of individual

“Loans to finance agricultural

production and other loans to

farmers” (in domestic offices)

whose carrying values were

included in the amount reported

in column B for this item (i.e.,

those “Loans to finance agricul-

tural production and other loans

to farmers” (in domestic offices)

with “original amounts” of more

than $100,000 through

$250,000). Report this number in

column A.

8.c With original amounts of more

than $250,000 through

$500,000. Add up the total

carrying value of all currently

outstanding “Loans to finance

agricultural production and other

loans to farmers” (in domestic

offices) with “original amounts”

of more than $250,000 through

$500,000 and report this total

amount in column B. Do

not

add

up the “original amounts” of each

of these loans and report the

total original amount in

column B.

Count the number of individual

“Loans to finance agricultural

production and other loans to

farmers” (in domestic offices)

whose carrying values were

included in the amount reported

in column B for this item (i.e.,

those “Loans to finance

agricultural production and other

loans to farmers” (in domestic

offices) with “original amounts”

of more than $250,000 through

$500,000). Report this number

in column A.

Examples

of Reporting

in Schedule RC-C,

Part II

(1) A bank has a “Loan secured by

nonfarm nonresidential property”

which has a carrying value on the

June 30 report date of $70,000 and

this amount is included in Schedule

RC-C, part I, item 1.e. The bank

made this loan to the borrower in the

original amount of $75,000, so it

would be considered a “loan to a

small business” and would be

reported in Schedule RC-C, part II.

Because the original amount of the

loan is $100,000 or less, the bank

would report the $70,000 amount

Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

A Guide to CRA Data Collection and Reporting 55

currently outstanding in part II, item

3.a, column B.

(2) The bank has a second “Loan

secured by nonfarm nonresidential

property” which has a carrying value

on the June 30 report date of

$60,000 and this amount is included

in Schedule RC-C, part I, item 1.e.

The bank made this loan to the

borrower in the original amount of

$125,000, so it would be considered

a “loan to a small business” and

would be reported in Schedule

RC-C, part II. Because the original

amount of the loan falls within the

more than $100,000 through

$250,000 range, the bank would

report the $60,000 amount currently

outstanding in part II, item 3.b,

column B.

(3) The bank has a “Commercial and

industrial loan” which has a carrying

value on the June 30 report date of

$200,000 and this amount is

included in Schedule RC-C, part I,

item 4. The bank made this loan to

the borrower in the original amount

of $250,000, so it would be

considered a “loan to a small

business” and would be reported in

Schedule RC-C, part II. Because the

original amount of the loan is exactly

$250,000 which is the upper end of

the more than $100,000 through

$250,000 range, the bank would

report the $200,000 amount

currently outstanding in part II, item

4.b, column B.

(4) The bank has a second

“Commercial and industrial loan”

which has a carrying value on the

June 30 report date of $90,000 and

this amount is included in Schedule

RC-C, part I, item 4. The bank made

this loan to the borrower in the

original amount of $500,000 and

sold loan participations for $400,000

while retaining $100,000.

Nevertheless, based on the entire

amount of the credit that was

originated by the bank, the loan

would be considered a “loan to a

small business” and would be

reported in Schedule RC-C, part II.

Because the original amount of the

entire loan is $500,000 which falls

within the more than $250,000

through $1,000,000 range, the bank

would report the $90,000 amount

currently outstanding in part II, item

4.c, column B.

(5) The bank has a third

“Commercial and industrial loan”

which has a carrying value on the

June 30 report date of $55,000 and

this amount is included in Schedule

RC-C, part I, item 4. This loan

represents a participation

purchased by the bank from another

lender. The original amount of the

entire credit is $750,000 and the

bank’s original share of this credit

was $75,000. Based on the entire

amount of the credit that was

originated by the other lender, the

loan would be considered a “loan to

a small business” and would be

reported in Schedule RC-C, part II.

Because the original amount of the

entire credit is $750,000 which falls

within the more than $250,000

through $1,000,000 range, the bank

would report the $55,000 amount

currently outstanding in part II, item

4.c, column B.

(6) The bank has another

“Commercial and industrial loan”

and it has a carrying value on the

June 30 report date of $120,000.

This amount is included in Schedule

RC-C, part I, item 4. This loan

represents a participation

purchased by the bank from another

lender. The original amount of the

entire credit is $1,250,000 and the

bank’s original share of this credit

was $250,000. Because the original

amount of the entire credit exceeds

$1,000,000, the loan would not be

considered a “loan to a small

business” and would

not

be reported

in Schedule RC-C, part II.

(7) The bank has a “Loan secured

by nonfarm nonresidential property”

and a “Commercial and industrial

loan” to the same borrower. The first

loan has a carrying value on the

June 30 report date of $375,000 and

this amount is included in Schedule

RC-C, part I, item 1.e. This “Loan

secured by nonfarm nonresidential

property” was made in the original

amount of $400,000. The second

loan has a carrying value on the

June 30 report date of $650,000 and

this amount is included in Schedule

RC-C, part I, item 4. This “Commer-

cial and industrial loan” was made in

the original amount of $750,000.

Case I:

The bank’s loan system

can

provide

aggregate individual

borrower data without undue cost to

the reporting institution. The loan

system indicates that this borrower’s

two loans have a combined original

amount of $1,150,000 and therefore

the loans would

not

be considered

“loans to a small business” and

would

not

be reported in Schedule

RC-C, part II.

Case II:

The bank’s loan system

cannot provide

aggregate individual

borrower data without undue cost to

the reporting institution. Therefore,

the borrower’s two loans would be

treated as separate loans for

purposes of Schedule RC-C, part II.

Based on its $400,000 original

amount, the “Loan secured by

nonfarm nonresidential property”

would be considered a “loan to a

small business” and would be

reported in Schedule RC-C, part II.

Because the original amount of the

loan falls within the more than

Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

A Guide to CRA Data Collection and Reporting 56

$250,000 through $1,000,000

range, the bank would report the

$375,000 amount currently

outstanding in part II, item 3.c,

column B, and count this loan as

one

loan for purposes of part II, item

3.c, column A. Since the

“Commercial and industrial loan” is

being handled separately and its

original amount is $750,000, it

would also be considered a “loan to

a small business” and would be

reported in Schedule RC-C, part II.

Because the original amount of this

loan falls within the more than

$250,000 through $1,000,000

range, the bank would report the

$650,000 amount currently

outstanding in part II, item 4.c,

column B, and count this loan as

one

loan for purposes of part II, item

4.c, column A.

(8) The bank has a “Loan secured

by farmland (including farm

residential and other improvements)”

which has a carrying value on the

June 30 report date of $225,000.

The bank made this loan to the

borrower in the original amount of

$260,000 and the loan is secured by

a first lien on the borrower’s

farmland. The bank has a second

“Loan secured by farmland” to this

same borrower and it is secured by

a second lien on the borrower’s

property. This second lien loan has a

carrying value of $50,000 and the

original amount of the loan is the

same as its carrying value. The

carrying values of both loans (the

$225,000 first lien loan and the

$50,000 second lien loan) are

included in Schedule RC-C, part I,

item 1.b.

Case I:

The bank’s loan system

can

provide

aggregate individual

borrower data without undue cost to

the reporting institution. The loan

system indicates that this borrower’s

two loans have a combined original

amount of $310,000 and therefore

the two loans together would be

considered a single “loan to a small

farm” and would be reported in

Schedule RC-C, part II. Because the

original amount of the two combined

loans falls within the more than

$250,000 through $500,000 range,

the bank would report the $275,000

combined total of the amounts

currently outstanding for the two

loans in part II, item 7.c, column B,

and count these two loans to the

same borrower as

one

loan for

purposes of part II, item 7.c,

column A.

Case II:

The bank’s loan system

cannot provide

aggregate individual

borrower data without undue cost to

the reporting institution. Therefore,

the borrower’s two loans would be

treated as separate loans for

purposes of Schedule RC-C, part II.

Based on its $260,000 original

amount, the first lien loan would be

considered a “loan to a small farm”

and would be reported in Schedule

RC-C, part II. Because the original

amount of the loan falls within the

more than $250,000 through

$500,000 range, the bank would

report the $225,000 amount

currently outstanding in part II, item

7.c, column B, and count this loan

one

loan for purposes of part II,

item 7.c, column A. Since the

second lien loan is being handled

separately and its original amount is

$50,000, it would also be

considered a “loan to a small farm”

and would be reported in Schedule

RC-C, part II. Because the original

amount of this loan is less than

$100,000, the bank would report the

$50,000 amount currently

outstanding in part II, item 7.a,

column B, and count this loan as

one

loan for purposes of part II, item

7.a, column A.

(9) The bank has one final “Loan

secured by farmland” which has a

carrying value on the June 30 report

date of $5,000 and this amount is

included in Schedule RC-C, part I,

item 1.b. The bank made this loan to

the borrower in the original amount

of $300,000, so it would be

considered a “loan to a small farm”

and would be reported in Schedule

RC-C, part II. Because the original

amount of the loan falls within the

more than $250,000 through

$500,000 range, the bank would

report the $5,000 amount currently

outstanding in part II, item 7.c,

column B.

(10) The bank has granted a

$150,000 line of credit to a farmer

that is not secured by real estate.

The farmer has received advances

twice under this line of credit and,

rather than having signed a single

note for the entire $150,000 amount

of the line of credit, has signed

separate notes for each advance.

One note is in the original amount of

$30,000 and the other is in the

original amount of $50,000. The

carrying values of the two notes on

the June 30 report date are the

same as their original amounts and

these amounts are included in

Schedule RC-C, part I, item 3. For

loans drawn down under lines of

credit, the original amount of the

loan is the size of the line of credit

when it was most recently approved,

extended, or renewed prior to the

report date. In this case, the line of

credit was most recently approved

for $150,000.

Case I:

The bank’s loan system

can

provide

aggregate individual

borrower data for multiple advances

under lines of credit without undue

Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

A Guide to CRA Data Collection and Reporting 57

cost to the reporting institution.

Thus, even though a separate note

was signed each time the farmer

borrowed under the line of credit, the

loan system combines all information

about the farmer’s separate

borrowings under the line of credit.

Therefore, the loan system indicates

that the farmer has a line of credit for

$150,000 and that the amount

currently outstanding under the line

of credit for the combined carrying

values of the two borrowings under

the line of credit is $80,000. Because

the line of credit was most recently

approved for $150,000, this

$150,000 original amount for the line

of credit would be considered a “loan

to a small farm” that would be

reported in Schedule RC-C, part II.

Therefore, the original amount of the

line of credit falls within the more

than $100,000 through $250,000

range and the bank would report the

$80,000 combined total of the

amounts currently outstanding for

the two notes in part II, item 8.b,

column B, and count these two notes

to the farmer under the line of credit

one

loan for purposes of part II,

item 8.b, column A.

Case II:

The bank’s loan system

cannot provide

aggregate individual

borrower data for lines of credit

without undue cost to the reporting

institution. Therefore, the farmer’s

two notes under the line of credit

would be treated as separate loans

for purposes of Schedule RC-C, part

II. The original amount of the line of

credit is $150,000 and each of the

two notes would be considered a

“loan to a small farm” that would be

reported in Schedule RC-C, part II.

Because each of the two notes

indicates that it is part of a $150,000

line of credit and the $150,000

original amount of the line of credit

falls within the more than $100,000

through $250,000 range, the bank

would report both the $30,000 and

$50,000 amounts currently

outstanding in part II, item 8.b,

column B, and count these as

two

loans for purposes of part II, item

8.b, column A.

(11) The bank has one other “Loan

to finance agricultural production

and other loans to a farmer” which

has a carrying value on the June 30

report date of $75,000 and this

amount is included in Schedule RC-

C, part I, item 3. The bank made this

loan to the borrower in the original

amount of $100,000, so it would be

considered a “loan to a small farm”

and would be reported in Schedule

RC-C, part II. Because the original

amount of the loan is exactly

$100,000 which is the upper end of

the $100,000 or less range, the

bank would report the $75,000

amount currently outstanding in part

II, item 8.a, column B.

Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

A Guide to CRA Data Collection and Reporting 58

(Column B)

Amount

Currently

Outstanding

RCON RCON

0000 0000

RCON RCON

0000 0000

RCON RCON

0000 0000

RCON RCON

5564 5565

RCON RCON

5566 5567

RCON RCON

5568 5569

RCON RCON

0000 0000

RCON RCON

0000 0000

RCON RCON

0000 0000

RCON RCON

0000 0000

RCON RCON

5570 5571

RCON RCON

5572 5573

RCON RCON

5574 5575

RCON

0000

RCON

0000

RCON

0000

RCON

0000

RCON

5562

RCON

0000

RCON

0000

RCON

0000

RCON

5563

Schedule RC-C, Part II is to be reported only with the June Report of Condition.

Report the number and amount currently outstanding as of June 30 of business loans with “original amounts” of $1,000,000 or less and

farm loans with “original amounts” of $500,000 or less. The following guidelines should be used to determine the “original amount” of a

loan: (1) For loans drawn down under lines of credit or loan commitments, the “original amount” of the loan is the size of the line of credit

or loan commitment when the line of credit or loan commitment was most recently approved, extended, or renewed prior to the report

date. However, if the amount currently outstanding as of the report date exceeds this size, the “original amount” is the amount currently

outstanding on the report date. (2) For loan participations and syndications, the “original amount” of the loan participation or syndication is

the entire amount of the credit originated by the lead lender. (3) For all other loans, the “original amount” is the total amount of the loan at

origination or the amount currently outstanding as of the report date, whichever is larger.

C418

◄

FFIEC 031

Page RC-8a

18a

RCON

6999

YES NO

Loans to Small Businesses

1. Indicate in the appropriate box at the right whether all or substantially all of the dollar

volume of your bank’s “Loans secured by nonfarm nonresidential properties” in domestic

ofﬁ ces reported in Schedule RC-C, part I, item 1.e, column B, and all or substantially all

of the dollar volume of your bank’s “Commercial and industrial loans to U.S. addressees”

in domestic ofﬁ ces reported in Schedule RC-C, part I, item 4.a, column B, have original

amounts of $100,000 or less (If your bank has no loans outstanding in both of these two

loan categories, place an “X” in the box marked “NO.”) .......................................................................

If YES, complete items 2.a and 2.b below, skip items 3 and 4, and go to item 5.

If NO and your bank has loans outstanding in either loan category, skip items 2.a and 2.b, complete items 3 and 4 below, and go

to item 5.

If NO and your bank has no loans outstanding in both loan categories, skip items 2 through 4, and go to item 5.

(Column A)

Number of Loans

Dollar Amounts in Thousands

3.a.

3.b.

3.c.

4.a.

4.b.

4.c.

Number of Loans

Bil Mil Thou

Schedule RC-C—Continued

Part II. Loans to Small Businesses and Small Farms

2. Report the total number of loans currently outstanding for each of the

following Schedule RC-C, part I, loan categories:

a. “Loans secured by nonfarm nonresidential properties” in domestic

ofﬁ ces reported in Schedule RC-C, part I, item 1.e, column B

(Note: Item 1.e, column B, divided by the number of loans should

NOT exceed $100,000.)............................................................................

b. “Commercial and industrial loans to U.S. addressees” in domestic

ofﬁ ces reported in Schedule RC-C, part I, item 4.a, column B

(Note: Item 4.a, column B, divided by the number of loans should

NOT exceed $100,000.)............................................................................

2.a.

2.b.

3. Number and amount currently outstanding of “Loans secured by

nonfarm nonresidential properties” in domestic ofﬁ ces reported in

Schedule RC-C, part I, item 1.e, column B (sum of items 3.a through 3.c

must be less than or equal to Schedule RC-C, part I, item 1.e, column B):

a. With original amounts of $100,000 or less .............................................

b. With original amounts of more than $100,000 through $250,000 ..........

c. With original amounts of more than $250,000 through $1,000,000 .......

4. Number and amount currently outstanding of “Commercial and

industrial loans to U.S. addressees” in domestic ofﬁ ces reported in

Schedule RC-C, part I, item 4.a, column B (sum of items 4.a through 4.c

must be less than or equal to Schedule RC-C, part I, item 4.a, column B):

a. With original amounts of $100,000 or less .............................................

b. With original amounts of more than $100,000 through $250,000 ..........

c. With original amounts of more than $250,000 through $1,000,000 .......

Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

A Guide to CRA Data Collection and Reporting 59

RCON RCON

0000 0000

RCON RCON

0000 0000

RCON RCON

0000 0000

RCON RCON

0000 0000

RCON RCON

5578 5579

RCON RCON

5580 5581

RCON RCON

5582 5583

RCON RCON

0000 0000

RCON RCON

0000 0000

RCON RCON

0000 0000

RCON RCON

0000 0000

RCON RCON

0000 0000

RCON RCON

5584 5585

RCON RCON

5586 5587

RCON RCON

5588 5589

18b

FFIEC 031

Page RC-8b

Legal Title of Bank

FDIC Certiﬁ cate Number

(Column B)

Amount

Currently

Outstanding

RCON

0000

RCON

0000

RCON

0000

RCON

0000

RCON

5576

RCON

0000

RCON

0000

RCON

0000

RCON

5577

RCON

6860

YES NO

Agricultural Loans to Small Farms

5. Indicate in the appropriate box at the right whether all or substantially all of the dollar

volume of your bank’s “Loans secured by farmland (including farm residential and other

improvements)” in domestic ofﬁ ces reported in Schedule RC-C, part I, item 1.b, column B,

and all or substantially all of the dollar volume of your bank’s “Loans to ﬁ nance agricultural

production and other loans to farmers” in domestic ofﬁ ces reported in Schedule RC-C, part I,

item 3, column B, have original amounts of $100,000 or less (If your bank has no loans

outstanding in both of these two loan categories, place an “X” in the box marked “NO.”)...................

If YES, complete items 6.a and 6.b below, and do not complete items 7 and 8.

If NO and your bank has loans outstanding in either loan category, skip items 6.a and 6.b and complete items 7 and 8 below.

If NO and your bank has no loans outstanding in both loan categories, do not complete items 6 through 8.

(Column A)

Number of Loans

Dollar Amounts in Thousands

7.a.

7.b.

7.c.

8.a.

8.b.

8.c.

Number of Loans

Bil Mil Thou

6. Report the total number of loans currently outstanding for each of the

following Schedule RC-C, part I, loan categories:

a. “Loans secured by farmland (including farm residential and other

improvements)” in domestic ofﬁ ces reported in Schedule RC-C,

part I, item 1.b, column B (Note: Item 1.b, column B, divided by

the number of loans should NOT exceed $100,000.) ...............................

b. “Loans to ﬁ nance agricultural production and other loans to farmers” in

domestic ofﬁ ces reported in Schedule RC-C, part I, item 3, column B

(Note: Item 3, column B, divided by the number of loans should

NOT exceed $100,000.)............................................................................

6.a.

6.b.

7. Number and amount currently outstanding of “Loans secured by

farmland (including farm residential and other improvements)” in

domestic ofﬁ ces reported in Schedule RC-C, part I, item 1.b,

column B (sum of items 7.a through 7.c must be less than or equal to

Schedule RC-C, part I, item 1.b, column B):

a. With original amounts of $100,000 or less .............................................

b. With original amounts of more than $100,000 through $250,000 ..........

c. With original amounts of more than $250,000 through $500,000 ..........

8. Number and amount currently outstanding of “Loans to ﬁ nance

agricultural production and other loans to farmers” in domestic ofﬁ ces

reported in Schedule RC-C, part I, item 3, column B (sum of

items 8.a through 8.c must be less than or equal to Schedule RC-C,

part I, item 3, column B):

a. With original amounts of $100,000 or less .............................................

b. With original amounts of more than $100,000 through $250,000 ..........

c. With original amounts of more than $250,000 through $500,000 ..........

Schedule RC-C—Continued

Part II. Continued

A Guide to CRA Data Collection and Reporting 60

Appendix C—

Thrift Financial

Report

Instruction

Manual

and Form

Loans

to Small Businesses

and Small Farms

The following data is to be

completed for the savings

association and its consolidated

subsidiaries annually at June 30 to

comply with Section 122 of the FDIC

Improvement Act.

This schedule will not be completed

if (a) the reporting association and its

consolidated subsidiaries have no

loans reported on SC260, 300, 303,

or 306; or (b) the only business loans

of the reporting association and its

consolidated subsidiaries have

“original amounts” (as defined below)

in excess of $1 million and/or the

only farm loans have “original

amounts” (as defined below) in

excess of $500 thousand.

In reporting the number and amount

currently outstanding of business

loans with “original amounts” of $1

million or less and farm loans with

“original amounts” of $500 thousand

or less, the following guidelines

should be used:

1. For loans drawn down under

lines of credit or loan commit-

ments, the “original amount” of

the loan is the amount when the

line of credit or loan commitment

was most recently approved,

extended, or renewed prior to the

report date. However, if the

amount currently outstanding as

of the report date exceeds this

size, the “original amount” is the

amount currently outstanding.

2. For loan participations and

syndications, the “original

amount” of the loan participation

or syndication is the entire

amount of the credit originated by

the lead lender.

Schedule SB—

Consolidated Small Business Loans

March 1998

3. For all other loans, the “original

amount” is the total amount of the

loan at origination or the amount

currently outstanding as of the

report date, whichever is larger.

The “amount outstanding” is the

amount reported on Schedule SC as

of the report date and should be

reported net of loans in process,

specific valuation allowances, and

yield adjustments (to the extent

possible).

Report the actual number of loans.

Do not round to the nearest

thousand.

Do not include loans to subsidiaries

eliminated in consolidation.

Except as noted below for

“corporate” or “business” credit card

programs, when determining

“original amounts” and reporting the

number and amount currently

outstanding for a category of loans

in this schedule, multiple loans to

one borrower should be combined

and reported on an aggregate

basis rather than as separate

individual loans, to the extent that

the loan systems in which the

reported data are maintained can

provide aggregate individual

borrower data without undue cost to

the association. However, if the

burden of such aggregation would

be excessive, the association may

report multiple loans to one

borrower as separate indvidual

loans.

An association that offers

“corporate” or “business” credit card

programs under which credit cards

are issued to one or more of a

company’s employees for business-

related use should treat each

company’s entire credit card

Appendix C—Thrift Financial Report Instruction Manual and Form

A Guide to CRA Data Collection and Reporting 61

program as a single extension of

credit. The credit limits for all of the

individual credit cards issued to the

company’s employees should be

totaled, and this total should be

treated as the “original amount” of

the “corporate” or “business” credit

card program established for this

company. The company’s program

should be reported as one loan and

the amount currently outstanding

would be the sum of the credit card

balances as of the June 30 report

date on each of the individual credit

cards issued to the company’s

employees. However, when

aggregated data for each individual

company is a “corporate” or

“business” credit card program are

not readily determinable from the

association’s credit card records, the

association should develop

reasonable estimates of the number

of “corporate” or “business” credit

card programs in existence as of the

report date, the “original amounts” of

these programs, and the “amounts

currently outstanding” of these

programs and should then report

information about these programs

on the basis of its reasonable

estimates. In no case should

individual credit cards issued to a

company’s employees under a

“corporate” or “business” credit card

program be reported as separate

individual loans to small businesses.

SB100:

Does the reporting association

have any loans secured primarily

by farms reported on SC260 or

any loans to finance agricultural

production or other loans to

farmers reported on SC300, 303,

or 306?

This question should be answered

“Yes” only if the agricultural and farm

loans had original amounts, as

defined above, of $500 thousand or

less.

If yes, complete lines 300 through

650 (do not complete 110 through

210). If no, complete the following

item, 110.

SB110:

Are all or substantially all of the

association’s commercial loans

(Schedule SC lines 260, 300, 303,

and 306) loans with original

amounts of $100,000 or less?

If (a) the average size of the amount

currently outstanding for your

association’s commercial, nonfarm

loans reported on Schedule SC

lines 260, 300, 303, and 306 is $100

thousand or less and (b) your

lending officers’ knowledge of your

association’s loans or other relevant

information pertaining to commercial

loans indicates that all or

substantially all of the dollar volume

of your association’s commercial

loans have “original amounts” (as

described above) of $100 thousand

or less, indicate “yes” and complete

the following lines, 200 and 210,

only. Otherwise, indicate “no” and

complete lines 300 through 450.

SB200:

Number of loans reported on line

SC260

Report the actual number (do not

round to thousands) of loans

reported on SC260 (Permanent

Mortgages on Nonresidential

Property). This line is only

completed if line 100 is “no” and 110

is “yes”; i.e., all of the loans reported

on SC260, 300, 303, and 306 are

nonfarm loans and substantially all

of the “original amounts” of the loans

are $100 thousand or less.

SB210:

Number of loans reported on

SC300, 303, and 306

Report the actual number (do not

round to thousands) of loans

reported on SC300, 303, and 306

(Nonmortgage Commercial Loans).

This line is only completed if line

100 is “no” and 110 is “yes”; i.e., all

of the loans reported on SC260,

300, 303, and 306 are nonfarm

loans and substantially all of the

“original amounts” of the loans are

$100 thousand or less.

Number and Amount Outstanding of Permanent Mortgage Loans

Secured by Nonfarm, Nonresidential Properties

Reported on SC260

Number of Loans with Original Amounts of: Outstanding Balance with Original Amounts of:

SB300: $100,000 or less SB310: $100,000 or less

SB320: Greater than $100,000 thru $250,000 SB330: Greater than $100,000 thru $250,000

SB340: Greater than $250,000 thru $1 million SB350: Greater than $250,000 thru $1 million

Appendix C—Thrift Financial Report Instruction Manual and Form

A Guide to CRA Data Collection and Reporting 62

Number and Amount Outstanding of Nonmortgage, Nonagricultural Commercial Loans

Reported on SC300, 303, and 306

Number of Loans with Original Amounts of: Outstanding Balance with Original Amounts of:

SB400: $100,000 or less SB410: $100,000 or less

SB420: Greater than $100,000 thru $250,000 SB430: Greater than $100,000 thru $250,000

SB440: Greater than $250,000 thru $1 million SB450: Greater than $250,000 thru $1 million

Number and Amount Outstanding of Loans Secured Primarily by Farms

Reported on SC260

Number of Loans with Original Amounts of: Outstanding Balance with Original Amounts of:

SB500: $100,000 or less SB510: $100,000 or less

SB520: Greater than $100,000 thru $250,000 SB530: Greater than $100,000 thru $250,000

SB540: Greater than $250,000 thru $500,000 SB550: Greater than $250,000 thru $500,000

Number and Amount Outstanding of Nonmortgage, Commercial Loans

to Finance Agricultural Production and Other Nonmortgage Commercial Loans to Farmers

Reported on SC300, 303, and 306

Number of Loans with Original Amounts of: Outstanding Balance with Original Amounts of:

SB600: $100,000 or less SB610: $100,000 or less

SB620: Greater than $100,000 thru $250,000 SB630: Greater than $100,000 thru $250,000

SB640: Greater than $250,000 thru $500,000 SB650: Greater than $250,000 thru $500,000

Appendix C—Thrift Financial Report Instruction Manual and Form

A Guide to CRA Data Collection and Reporting 63

Office of Thrift Supervision

2000 Thrift Financial Report

Schedule SB — Consolidated Small Business Loans

For informational purposes only:

not for data entry

Association __________________________

Docket Number _______________________

Report Date _____________________ , 2000

Annually

Line

Yes No

SB310

SB330

SB200

SB110

SB100

SB210

SB350

SB410

SB430

SB450

(Report in Thousands of Dollars)

Bil Mil Thou

SB300

SB320

SB340

SB400

SB420

SB440

SB510

SB530

SB550

SB500

SB520

SB540

SB610

SB630

SB650

SB600

SB620

SB640

Actual Number

The following data is to be completed annually at June 30 to comply with Section 122

of the FDIC Improvement Act:

Loans to Small Businesses and Small Farms:

Does the reporting association have any loans secured primarily by farms reported on

SC260 or any loans to finance agricultural production or other loans to farmers

reported on SC300, 303, or 306?

....................................................................................................................................

If 100 is yes, complete lines 300 through 650 (Do not complete 110 thru 210). If no,

complete the following item, 110.

Are all or substantially all of the association’s commercial loans (Schedule SC lines 260,

300, 303, and 306) loans with original amounts of $100,000 or less?

.....................................................

If 110 is yes, complete the following lines, 200 and 210, only. If no, complete lines 300

through 450, only.

Number of loans reported on lines:

SC260

................................................................................................................................................................................................

SC300, 303, and 306

...............................................................................................................................................................

Number and amount outstanding of permanent mortgage

loans secured by nonfarm, nonresidential properties

reported on SC260:

With original amounts of:

$100,000 or less

.......................................................................................................

Greater than $100,000 thru $250,000

........................................................

Greater than $250,000 thru $1 million

........................................................

Number and amount outstanding of nonmortgage,

nonagricultural commercial loans reported on SC300, 303,

and 306:

With original amounts of:

$100,000 or less

.......................................................................................................

Greater than $100,000 thru $250,000

........................................................

Greater than $250,000 thru $1 million

........................................................

Number and amount outstanding of loans secured primarily

by farms reported on SC260:

With original amounts of:

$100,000 or less

.......................................................................................................

Greater than $100,000 thru $250,000

........................................................

Greater than $250,000 thru $500,000

........................................................

Number and amount outstanding of nonmortgage,

commercial loans to finance agricultural production and

other nonmortgage commercial loans to farmers reported on

SC300, 303, and 306:

With original amounts of:

$100,000 or less

.......................................................................................................

Greater than $100,000 thru $250,000

........................................................

Greater than $250,000 thru $500,000

........................................................

Number of Loans Outstanding

Balance

Yes No

A Guide to CRA Data Collection and Reporting 64

Appendix D—

U.S. Census

Bureau

Regional Offices

For census information, contact a

regional office of the Bureau of the

Census as indicated below. The list

shows the states covered by each

regional office.

Atlanta

(404) 730-3832

Alabama, Florida, Georgia

Boston

(617) 424-0500

Connecticut, Massachusetts, Maine,

New Hampshire, New York

(excluding New York City and

Nassau, Rockland, Suffolk, and

Westchester counties), Puerto Rico,

Rhode Island, Vermont

Charlotte

(704) 344-6142

Kentucky, North Carolina, South

Carolina, Tennessee, Virginia

Chicago

(708) 562-1350

Illinois, Indiana, Wisconsin

Dallas

(214) 640-4400

Louisiana, Mississippi, Texas

Denver

(303) 969-6750

Arizona, Colorado, Montana,

Nebraska, Nevada, New Mexico,

North Dakota, South Dakota, Utah,

Wyoming

Detroit

(313) 259-1158

Michigan, Ohio, West Virginia

Kansas City

(913) 551-6728

Arkansas, Iowa, Kansas, Minnesota,

Missouri, Oklahoma

Los Angeles

(818) 904-6393

Southern California (Fresno,

Imperial, Inyo, Kern, Kings, Los

Angeles, Madera, Mariposa, Merced,

Monterey, Orange, Riverside, San

Bernardino, San Diego, San Benito,

San Luis Obispo, Santa Barbara,

Tulare, and Ventura counties),

Hawaii

New York

(212) 264-3860

New Jersey (including only Bergen,

Essex, Hudson, Morris, Middlesex,

Passaic, Somerset, Sussex, Union,

and Warren counties), New York

(including only New York City and

Nassau, Rockland, Suffolk, and

Westchester counties)

Philadelphia

(215) 656-7550

District of Columbia, Delaware,

Maryland, New Jersey (all counties

except those listed under New York),

Pennsylvania

Seattle

(206) 553-5837

Alaska, Northern California (all

counties except those listed under

Los Angeles), Idaho, Oregon,

Washington

To place an order for any

census product, contact:

Customer Services Center

Bureau of the Census

Washington, DC 20233

(301) 457-4100

For the FIPS PUB 8-5,

containing information about

MSAs, contact:

National Technical Information

Service

U.S. Department of Commerce

5285 Port Royal Road

Springfield, VA 22161

(703) 487-4650

CRA Guide To Data Reporting And Collection

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