CRA Guide to Data Reporting and Collection

A Guide toCRA Data Collectionand ReportingFederal Financial InstitutionsExamination Council

January 2001

A Guide to CRA Data Collection and Reporting 2

This user’s guide was prepared by

CRA/HMDA SystemsInformation TechnologyBoard of Governors of the Federal Reserve System

for the Federal Financial InstitutionsExamination Council


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


Foreword

In response to numerousrequests and inquiries, theFederal Financial InstitutionsExamination Council (FFIEC)has developed this guide forCommunity Reinvestment Act(CRA) data reporters. Datacollection, maintenance, andreporting are importantaspects of large-institutionevaluations under CRA. Thisguide can be used as aresource when collecting andmaintaining data, creating asubmission, and postinglending data in the CRA publicfile. It is designed to reduceburden on the approximately2,000 financial institutionssubject to the reportingrequirements of the CRAregulations.

Users of this guide should beaware of its limitations. Itrelates only to the collection,maintenance, and reporting ofsmall-business and small-farmloan data and to the collection,maintenance, and reporting(as applicable) of other loandata (except data on homemortgage loans) that may beconsidered during CRAevaluations. Although thisguide addresses many issuesrelating to these matters, newissues arise often; they shouldbe directed to the CRAAssistance Line at (202) 872-7584 or [email protected] of this guide is not asubstitute for familiarity withthe CRA regulations and theinteragency questions andanswers (Qs&As) that inter-pret those regulations. Theregulations and Qs&As maybe revised from time to time,and you should consult themto determine whether thisedition of the guide reflectsthe most recent revisions.Both are available on theFFIEC’s Internet site atwww.ffiec.gov/cra.


ExecutiveSummary:ComplianceResponsibilities

Purpose of CRAThe Community Reinvestment Act of1977 (CRA) is implemented byregulations of the Office of theComptroller of the Currency (OCC),the Board of Governors of theFederal Reserve System (Board),the Federal Deposit InsuranceCorporation (FDIC), and the Office ofThrift Supervision (OTS)(collectively, the agencies) in 12CFR parts 25, 228, 345, and 563e.The CRA regulations require thatinformation on business, farm, andcommunity development lending bylarge insured depository institutionsbe made available to the public.

CRA directs the agencies toencourage insured depositoryinstitutions to help meet the creditneeds of the communities in whichthey are chartered. CRA does notprohibit any activity, nor is it intendedto encourage unsafe or unsoundpractices or the allocation of credit.

CRA requires that each insureddepository institution’s record inhelping to meet the credit needs ofits entire community, including low-and moderate-income neighbor-hoods, be assessed periodically.That record is taken into accountwhen considering an institution’sapplications for deposit facilities,including mergers and acquisitions.

The CRA regulations containdifferent evaluation methods fordifferent types of institutions: thelending, investment, and servicetests for large retail institutions; thecommunity development test forwholesale or limited-purposeinstitutions; the streamlinedperformance standards for smallinstitutions; and the strategic-plan

option for institutions with approvedstrategic plans.

The Consumer Compliance TaskForce of the FFIEC promotesconsistency in the implementation ofthe CRA regulations by periodicallypublishing interagency Qs&As andexamination procedures and byfacilitating uniform data reporting.

Who Must ReportAll state member banks, statenonmember banks, national banks,and savings associations that are notsmall or special-purpose institutionsare subject to the data collection andreporting requirements of the CRA.For the purpose of collecting andreporting small business and small-farm loan data, a small institution is abank or thrift that, as of December 31of either of the prior two calendaryears, had total assets of less than$250 million and was independent oran affiliate of a holding companythat, as of December 31 of either ofthe prior two calendar years, hadtotal banking and thrift assets of lessthan $1 billion. Institutions that arenot small are considered largeinstitutions (see the glossary,beginning on page 23, fordefinitions).

When to ReportData for a given year must besubmitted to the Board, thedesignated processor for all of theagencies, by March 1 of the followingyear.

Merging Institutions

Following are three scenariosdescribing data collection and

Executive Summary: Compliance Responsibilities


reporting responsibilities for thecalendar year of a merger and forsubsequent years.

Scenario One

Two institutions are exempt fromCRA collection and reportingrequirements because of asset size.The institutions merge. No datacollection is required for the year inwhich the merger takes place,regardless of the resulting assetsize. Data collection would beginafter two consecutive years in whichthe combined institution had year-end assets of at least $250 million orwas part of a holding company thathad year-end banking and thriftassets of at least $1 billion.

Scenario Two

Institution A, an institution requiredto collect and report data, andInstitution B, an exempt institution,merge. Institution A is the survivinginstitution. For the year of themerger, data collection is requiredfor Institution A’s transactions. Datacollection is optional for thetransactions of the previouslyexempt institution. For the followingyear, all transactions of the survivinginstitution must be collected andreported.

Scenario Three

Two institutions, each of which isrequired to collect and report thedata, merge. Data collection isrequired for the entire year of themerger and for subsequent years, solong as the surviving institution is notexempt. The surviving institutionmay file either a consolidatedsubmission or separate submissionsfor the year of the merger but mustfile a consolidated report forsubsequent years.

Institutionswith No Small-Businessor Small-Farm Loans

An institution that has not purchasedor originated any small-business orsmall-farm loans during the reportingperiod would not submit thecomposite loan records for small-business or small-farm loans.However, all institutions subject todata reporting requirements mustsubmit the information discussedbelow under “ReportingRequirements.”

Lenders Covered by HomeMortgage Disclosure Act

If an institution is not required tocollect home mortgage loan data bythe Home Mortgage Disclosure Act(HMDA), it need not collect homemortgage loan data under the CRA.Examiners will sample an institu-tion’s home mortgage loans toevaluate its home mortgage lending.If an institution wants to ensure thatexaminers consider all of its homemortgage loans, it may collect andmaintain data on these loans.

Modification, extension andconsolidation agreements (MECAs)are transactions in which aninstitution obtains loans fromanother institution without actuallypurchasing or refinancing the loans.In some states, MECAs, which arenot considered loan refinancingsbecause the existing loanobligations are not satisfied andreplaced, are common. Althoughthese transactions are notconsidered to be purchases orrefinancings, as those terms havebeen interpreted under CRA, theydo achieve the same results. Aninstitution may present informationabout its MECA activities toexaminers for consideration underthe lending test as “other loan data.”

ReportingRequirementsAt a minimum, institutions mustsubmit, in electronic format:

� a transmittal sheet,� a definition of its assessment

area(s),� a record of its community

development (CD) loans. (If aninstitution does not have CD loansto report, the record should be sentwith “0” in the CD loan compositedata fields); and

� information on small-business andsmall-farm loans, if applicable

CRA data are aggregated on thecensus tract level, and each tractrepresents one record in an entiredata submission. For example:

� Six different small-business loansmade in the same census tractwould count as one compositerecord.

� Six different small-farm loans,three in one census tract and threein another, would count as twocomposite records.

File Specificationsand Edit ValidationsThe FFIEC makes available freeCRA data preparation software toany institution that wishes to use it.The software includes some basicanalytical reports regarding aninstitution’s data. To obtain a copy ofthe latest version of the software,contact the CRA Assistance Line at(202) 872-7584.

If an institution finds that theFFIEC’s software does not meet itsneeds, it may create a datasubmission using the FileSpecifications and Edit ValidationRules that have been set forth to

Executive Summary: Compliance Responsibilities


assist with electronic datasubmissions. For information aboutspecific electronic formatting proce-dures, contact the CRA AssistanceLine at (202) 872-7584 or click on“How to File” at www.ffiec.gov/cra.

File Specifications

Institutions that develop their ownprograms must follow the preciseformat laid out in the CRA FileSpecifications. This file formatshould be incorporated into anautomated system to ensure anerror-free data submission.

Edit Validation Rules

When an institution chooses tocreate an electronic datasubmission, it must edit its datausing the CRA Edit Validation Rules.These rules are designed to ensuredata integrity and to prevent errors.

CRA edit validations are divided intothree edit types: syntactical, validity,and quality. Each type correspondsto errors of a different degree ofseverity, and each must bethoroughly understood to ensure thatthe data are accurate and complete.

Syntactical (S) — Records that contain errors that may prevent themfrom being uploaded to the FFIEC database. These errors range fromincorrect activity years to duplicate property locations, which indicate thatthe property combination for that record identifier was used more thanonce. These records will not be reflected in your disclosure statementuntil the appropriate corrections have been made.

Validity (V) — Records containing incorrect information. The mostcommon validity errors are incorrect census tract/BNA numbers. Theserecords will not be reflected in your disclosure statement until theappropriate corrections have been made.

Quality (Q) — Loan information that, while it may pass all syntactical andvalidity edits, is nevertheless statistically unusual and is subject to furtherinvestigation or review to confirm correctness. For a majority of the qualityedits, if the data are correct, no changes are necessary and the data willbe reflected.


Collecting theData

Composite LoanDataTransmittal Sheet

The transmittal sheet is used toidentify each institution. Institutionsare asked to provide a reporter’sidentification (RID) number. Thisnumber corresponds to thecertificate number for FDIC-supervised institutions, the docketnumber for institutions supervisedby the OTS, and the charter numberfor OCC-supervised institutions. If aninstitution is supervised by theBoard, the Research, Statistics,Supervision and Regulation, andDiscount and Credit (RSSD)Number is used. Board-supervisedinstitutions that do not know theirRSSD numbers should contactthe CRA Assistance Line at (202)872-7584 or [email protected] toobtain it.

The transmittal sheet providesvaluable institution and contactinformation. It is important that theinstitution’s name, contact name,address, phone number, and faxnumber be correct since all futurecorrespondence will be based onthat information. Because areacodes are subject to change, it isimportant to review phone and faxnumbers for accuracy before datasubmission.

Assessment Area(s)Delineation

For institutions other than thosedesignated as wholesale or limited-purpose (see the glossary),assessment areas must consistgenerally of one or more metro-politan statistical areas (MSAs) orone or more contiguous politicalsubdivisions such as counties,cities, or towns. An institution must

include the geographies in which itsmain office, branches, and deposit-taking ATMs are located as well asthe surrounding geographies inwhich it has originated or purchaseda substantial portion of its loans.Please refer to section __.41 of theregulations and the interagencyQs&As for further guidance,particularly Q&A __.41(e)(4)–1,which explains limitations on thesize of assessment areas.

Note: When you are enteringinformation about small-businessand small-farm loans, you need toprovide MSA, state, county, andtract/BNA information to indicate thelocation of the loan. The informationthat you provide in the loan dataentry screens is not your assess-ment area(s). This is simply theloan’s location.

Assessment Area(s) Reporting

If your assessment area(s) includesan entire MSA, you should report:

CensusInclude/ Tract/Exclude MSA State County BNA

+ 0520 NA NA NA

If your assessment area(s) includesan MSA less one county, you shouldreport:


+ 0520 NA NA NA

- 0520 NA 151 NA

If your assessment area(s) includesor consists of an entire county, youshould report:


+ 0520 13 089 NA

Collecting the Data


For more assessment area(s)delineation examples, please referto the CRA Edits, which can befound at www.ffiec.gov/cra/edits.htm.

Community DevelopmentLoans

Institutions subject to data reportingrequirements must report theaggregate number and amount ofcommunity development loansoriginated or purchased during theprior calendar year.

A community development loan hascommunity development as itsprimary purpose. As defined in theregulations, “community develop-ment” means—

� affordable housing (includingmultifamily rental housing) for low-or moderate-income individuals;

� community services targeted tolow- or moderate-incomeindividuals;

� activities that promote economicdevelopment by financingbusinesses or farms that meet thesize eligibility standards of theSmall Business Administration’sDevelopment Company or SmallBusiness Investment Companyprograms (13 CFR 121.301) orhave gross annual revenues of $1million or less; or

� activities that revitalize or stabilizelow- or moderate-incomegeographies.

In addition to having a communitydevelopment purpose, a communitydevelopment loan must also benefitthe institution’s assessment area(s)or a broader statewide or regionalarea that includes the institution’sassessment area(s). Institutionsshould be prepared to provideexaminers with information

regarding the community develop-ment purpose and location of thecommunity development loans thatthey report at the time of theirexamination.

Note: If an institution is not awholesale or limited-purposeinstitution, it cannot designate a loanas a community development loan ifthe loan has already been reportedor collected by the institution or anaffiliate as a small-business, small-farm, consumer, or home mortgageloan (except in the case of amultifamily dwelling loan, which maybe considered a communitydevelopment loan as well as a homemortgage loan). Further, except formultifamily affordable housing loans,if a loan meets the definition of asmall-business, small-farm,consumer, or home mortgage loan,retail institutions must collect andreport the loan in this manner. Retailinstitutions may not choose tocollect and report it as a communitydevelopment loan.

Primary Purpose

As long as the primary purpose ofthe loan is community development,the full amount of the institution’sloan should be included in its reportof aggregate community develop-ment lending. A loan has a primarypurpose of community developmentwhen it is designed for the expresspurpose of community development.Refer to the interagency Qs&As forfurther discussion of primarypurpose, particularly Q&A __.12(i)and 563e.12(h)–7.

Affiliate Loans

Affiliate means any company thatcontrols, is controlled by, or is undercommon control with anothercompany. The term “control” has the

meaning given to that term in 12U.S.C. 1841(a)(2), and a company isunder common control with anothercompany if both companies aredirectly or indirectly controlled by thesame company.

An institution is not required tocollect information on affiliate loans.However, an institution that elects tohave its regulator consider loans byan affiliate, for purposes of thelending or community developmenttest or an approved strategic plan,must collect, maintain, and report forthose loans the data that theinstitution would have collected,maintained, and reported had theloans been originated or purchasedby the institution.

An institution may elect to have onlya particular category of an affiliate’slending considered. The basiccategories of loans are homemortgage loans, small-businessloans, small-farm loans, communitydevelopment loans, and the fivecategories of consumer loans (motorvehicle loans, credit card loans,home equity loans, other securedloans, and other unsecured loans).

Affiliate’s Home MortgageLending

If an institution elects to have anaffiliate’s home mortgage lendingconsidered in its CRA evaluation andthe affiliate is a HMDA reporter, theinstitution must be prepared toidentify those loans reported by itsaffiliate under 12 CFR part 203(Regulation C, implementing HMDA).At its option, the institution mayeither provide examiners with theaffiliate’s entire HMDA disclosurestatement or just those portionscovering the loans in its assessmentarea(s) that it is electing to haveconsidered. If the affiliate is not

Collecting the Data


required by HMDA to report homemortgage loans, the institution mustprovide sufficient data concerningthe affiliate’s home mortgage loansto enable the examiners to apply theperformance tests.

Constraints on the Considerationof Affiliate Lending

No affiliate may claim a loanorigination or loan purchase ifanother institution claims the sameloan origination or purchase.However, an institution can count asa purchase a loan originated by anaffiliate that the institutionsubsequently purchases, or count asan origination a loan later sold to anaffiliate, provided the same loans arenot sold several times to inflate theirvalue for CRA purposes.

If an institution elects to have itssupervisory agency consider loanswithin a particular lending categorymade by one or more of theinstitution’s affiliates in a particularassessment area(s), the institutionmust elect to have the agencyconsider all loans within that lendingcategory in that particularassessment area(s) made by all ofthe institution’s affiliates.

Consortium/Third-Party Loans

Community development loansoriginated or purchased by aconsortium in which an institutionparticipates or by a third party inwhich the institution has invested:

� will be considered, at theinstitution’s option, if the institutionreports the aggregate number andaggregate amount of consortium/third party loans originated orpurchased; and

� may be allocated amongparticipants or investors, as they

choose, for purposes of thelending test, except that noparticipant or investor:— may claim a loan origination or

loan purchase if anotherparticipant or investor claimsthe same loan origination orpurchase; or

— may claim loans accounting formore than its percentage share(based on the level of itsparticipation or investment) ofthe total loans originated orpurchased by the consortium orthird party.

In some circumstances, aninstitution may invest in a third party,such as a community developmentbank, that is also an insureddepository institution and is thussubject to CRA requirements.However, if the financial institutionand the third party are not affiliates,the third party may receiveconsideration for the communitydevelopment loans it originates, andthe financial institution that investedin the third party may also receiveconsideration for its pro rata share ofthe same community developmentloans under Q&A __.22(d)–3.

Equity and Equity-TypeInvestments in a Third Party

If an institution has made an equityor equity-type investment in a thirdparty, community development loansmade by the third party may beconsidered under the lending test.On the other hand, asset-backed anddebt securities that do not representan equity-type interest in a third partywill not be considered under thelending test unless the securities arebooked by the purchasing institutionas a loan.

For example, if an institutionpurchases stock in a communitydevelopment corporation (CDC) that

primarily lends in low- andmoderate-income areas or to low-and moderate-income individuals inorder to promote communitydevelopment, the institution mayclaim a pro rata share of the CDC’sloans as community developmentloans. The institution’s pro rata shareis based on its percentage of equityownership in the CDC. See Q&A__.22(d)–1. More informationconcerning consideration of anequity or equity-type investmentunder the investment test and boththe lending and investment tests canbe found in Q&A __.23(b)–1.

Evaluation of Loans Madeby Consortia or Third Partiesunder the Lending Test

Loans originated or purchased byconsortia in which an institutionparticipates or by third parties inwhich an institution invests will onlybe considered if they qualify ascommunity development loans andwill be considered only under thecommunity development criterion ofthe lending test. However, loansoriginated directly on the books of aninstitution or purchased by theinstitution are considered to havebeen made or purchased directly bythe institution, even if the institutionoriginated or purchased the loans asa result of its participation in a loanconsortium. These loans would beconsidered under the appropriatelending-test criteria, depending onthe type of loan. See Q&A__.22(d)–2.

Collecting the Data


Small-Businessand Small-Farm Loans

The CRA regulations require a largeinstitution to collect and maintain, inelectronic format, until thecompletion of its next CRAexamination, the following data foreach small-business or small-farmloan originated or purchased by theinstitution:

� a unique number or alphanumericsymbol that can be used to identifythe relevant loan file;

� the loan amount at origination;� the loan location; and� an indicator of whether the loan

was to a business or farm withgross annual revenues of $1million or less

Institutions are required to collectand report only those commercialloans that are included in “loans tosmall business,” as defined in theinstructions for preparation of theConsolidated Report of Conditionand Income (Schedule RC-C,part II, of the Consolidated Report ofCondition and Income (Call Report)or Schedule SB of the ThriftFinancial Report (TFR), asapplicable).

“It is the original amount of aloan, not the annual revenueof a business or farm, thatdetermines the classificationof a loan as a small-businessor small-farm loan.”

Small-business loans are defined asthose whose original amounts are $1million or less and that were reportedon the institution’s Call Report orTFR as either “Loans secured bynonfarm or nonresidential realestate” or “Commercial and industrialloans.” Small-farm loans are defined

as those whose original amountsare $500,000 or less and werereported as either “Loans to financeagricultural production and otherloans to farmers” or “Loans securedby farmland.”

The location of a small-business orsmall-farm loan must be maintainedby census tract or block numberingarea. In addition, supplementalinformation contained in the filespecifications includes a dateassociated with the origination orpurchase and whether the loan wasoriginated or purchased by anaffiliate.

It is the original amount of a loan, notthe annual revenue of a business orfarm, that determines theclassification of a loan as a small-business or small-farm loan. Thesections of the Call Report andTFR relating to small-businessand small-farm loans are includedin this guide as Appendices Band C.

Aggregate Reporting

An institution subject to datareporting requirements must reportthe aggregate number and amount ofloans for each geography in which itoriginated or purchased a small-business or small-farm loan. Loansto businesses and farms arereported 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 tobusinesses and farms with grossannual revenues of $1 million orless, using the revenues that theinstitution considered in making itscredit decisions.

Original Amountvs. Purchase Amount

When collecting and reportinginformation on purchased small-business and small-farm loans, aninstitution collects and reports theamount of the loan at origination,not at the time of purchase. This isconsistent with the Call Report andTFR guidelines, which use the“original amount of the loan” todetermine (1) whether a loan shouldbe reported as a “loan to a smallbusiness” or a “loan to a small farm”and (2) in which loan-size category aloan should be reported. Whenassessing the volume of small-business and small-farm loanpurchases for purposes of evaluatinglending-test performance underCRA, however, examiners willevaluate an institution’s activitybased on the amounts at purchase.

Refinances and Renewals

Data collected in 2000 and reportedin 2001. An institution collects andreports information aboutrefinancings but does not collect andreport information about renewals. Arefinancing typically involves thesatisfaction of an existing obligationthat is replaced by a new obligationundertaken by the same borrower.When an institution refinances aloan, it is considered a neworigination, and loan data should becollected and reported, if otherwiserequired. Consistent with HMDA,however, if under the original loanagreement the institution isunconditionally obligated to refinancethe loan subject to conditions withinthe borrower’s control, the institutionshould not report these events asoriginations.

For purposes of CRA data collectionand reporting requirements, the

Collecting the Data


extension of the maturity of anexisting loan is a renewal and is notconsidered a loan origination.Therefore, institutions should notcollect and report data on loanrenewals.

Data collected in 2001 andsubsequent years. An institutionshould collect information aboutsmall-business and small-farm loansthat it refinances or renews as loanoriginations. (A refinancing generallyoccurs when the existing loanobligation or note is satisfied and anew note is written, while a renewalis an extension of the term of a loan.However, for purposes of small-business and small-farm CRA datacollection and reporting, it is nolonger necessary to distinguishbetween the two.) When reportingsmall-business and small-farm data,however, an institution may reportonly one origination (including arenewal or refinancing treated as anorigination) per loan per year, unlessan increase in the loan amount isgranted.

If an institution increases theamount of a small-business orsmall-farm loan when it extends theterm of the loan, it should alwaysreport the amount of the increase asa small-business or small-farm loanorigination. The institution shouldreport only the amount of theincrease if the original or remainingamount of the loan has alreadybeen reported one time that year.

For example, a financial institutionmakes a term loan for $25,000;principal payments have resulted ina present outstanding balance of$15,000. In the next year, thecustomer requests an additional$5,000, which is approved, and anew note is written for $20,000. In

this example, the institution shouldreport both the $5,000 increase andthe renewal or refinancing of the$15,000 as originations for that year.

However, the institution may reportthe $5,000 increase together withthe renewal or refinancing of the$15,000 as one origination for thatyear.

Lines of Credit

Institutions must collect and reportdata on lines of credit in the sameway that they provide data on loanoriginations. Lines of credit areconsidered originated at the time theline is approved or increased; andan increase is considered a neworigination.

Generally, the full amount of thecredit line is the amount that isconsidered originated. In the case ofan increase to an existing line, theamount of the increase is theamount that is considered originatedand that amount should be reported.

For renewals of line of credit, therules are as follows:

Data collected in 2000 and reportedin 2001. Like loan renewals,renewals of lines of credit are notconsidered loan originations andshould not be collected or reported.

Data collected in 2001 and subse-quent years. Renewals of lines ofcredit for small-business, small-farm,or consumer purposes should becollected and reported, if appli-cable, in the same manner asrenewals of small-business or small-farm loans (see Q&A __.42(a)–5).Institutions that are HMDA reporterscontinue to collect and report homeequity lines of credit at their option,in accordance with the requirementsof 12 CFR part 203.

Loans to Fisheriesand Forestries

Instructions for part I of the CallReport and Schedule SB of theTFR include loans “made for thepurpose of financing fisheries andforestries, including loans tocommercial fishermen” as acomponent of the definition of“Loans to finance agriculturalproduction and other loans tofarmers.” Part II of Schedule RC-Cof the Call Report and ScheduleSB of the TFR, which serve as thebasis of the definition for small-business and small-farm loans in theregulation, capture both “Loans tofinance agricultural production andother loans to farmers” and “Loanssecured by farmland.” These loansare reported as small-business orsmall-farm loans.

Home Equity Linesof Credit Used Predominantlyfor Small-Business Purposes

Institutions that have chosen toreport home equity lines of creditunder HMDA report only the portionof a home equity line used forhome improvement purposes. Thatportion of the loan would then beconsid-ered when examinersevaluate home mortgage lending. Ifthe line meets the regulatorydefinition of a “communitydevelopment loan,” the institutionshould collect and report informationon the entire line as a communitydevelopment loan. If the line doesnot qualify as a communitydevelopment loan, the institutionhas the option of collecting andmaintaining (but not reporting) theentire line of credit as “Othersecured lines/loans for purposes ofsmall business.”

Collecting the Data


Credit Cards Issuedto Small Businesses

If an institution agrees to issue creditcards to a business’s employees,the institution reports all of the creditcard lines opened on a particulardate for that single business as onesmall-business loan originationrather than reporting each individualcredit card line, assuming thecriteria in the small-business loandefinition in the regulation are met.The credit card program’s amount atorigination is the sum of all of theemployee/business credit cards’credit limits opened on a particulardate. If subsequently issued creditcards increase the small-businesscredit line, the added amount isreported as a new origination.

Lending Outside the United States

An institution may collect data aboutsmall-business and small-farm loanslocated outside the United States;however, it cannot report these databecause the FFIEC CRA datacollection software will not acceptdata concerning loan locationsoutside the United States.

Multiple Loan Originationsto the Same Business

If an institution originates multipleloans to the same business, theloans should be collected andreported as separate originationsrather than combined and reportedas they are on the Call Report orTFR, which reflect loans outstanding,rather than originations. However, ifinstitutions originate multiple loans tothe same business solely toartificially inflate the number orvolume of loans evaluated for CRAlending performance, the agenciesmay combine these loans forpurposes of evaluation under theCRA.

Gross Annual Revenues

The regulations do not requireinstitutions to request or considerrevenue information when making aloan; however, if institutions dogather this information from theirborrowers, they should collect andreport the gross annual revenue,rather than the adjusted grossannual revenue, of their small-business or small-farm borrowers.The purpose of small-business andsmall-farm data collection is toenable examiners and the public tojudge whether the institution islending to small businesses andfarms or whether it is only makingsmall loans to larger businesses andfarms.

The CRA regulations similarly donot require institutions to verifyrevenue amounts; thus, institutionsmay rely on the gross annualrevenue amount provided byborrowers in the ordinary course ofbusiness. If an institution does notcollect gross annual revenueinformation for its small-businessand small-farm borrowers, it wouldnot indicate on the CRA datacollection software that the grossannual revenues of the borrower are$1 million or less. The institutionshould enter the code indicating“revenues not known” on theindividual loan portion of the datacollection software or on aninternally developed system.

Generally, an institution should relyon the revenues that it considered inmaking its credit decision whenindicating whether a small-businessor small-farm borrower had grossannual revenues of $1 million or less.For example, in the case of affiliatedbusinesses, such as a parentcorporation and its subsidiary, if theinstitution considered the revenues

of the entity’s parent or a subsidiarycorporation of the parent as well,then the institution would aggregatethe revenues of both corporations todetermine whether the revenues are$1 million or less. Alternatively, if theinstitution considered the revenuesof only the entity to which the loan isactually extended, the institutionshould rely solely upon whethergross annual revenues are above orbelow $1 million for that entity.

However, if the institution consideredand relied on revenues or income ofa cosigner or guarantor that is not anaffiliate of the borrower, such as asole proprietor, it should not adjustthe borrower’s revenues forreporting purposes.

For a start-up business, theinstitution should use the actualgross annual revenue to date(including $0 if a new business hashad no revenue to date). Althoughstart-up businesses will provide theinstitution with pro forma projectedrevenue figures, these figures maynot accurately reflect actual grossrevenue.

Loan Location

Prudent banking practices dictatethat an institution know the locationof its customers and loan collateral.Therefore, institutions typically willknow the actual location of theirborrowers or loan collateral beyondan address consisting only of a postoffice box.

Many borrowers have streetaddresses in addition to post officebox numbers or rural route and boxnumbers. Institutions should asktheir borrowers to provide the streetaddress of the main business facilityor farm or the location where theloan proceeds otherwise will beapplied. Moreover, in many cases in

Collecting the Data


which the borrower’s addressconsists only of a rural route numberor post office box, the institutionknows the location (i.e., the censustract or block numbering area) of theborrower or loan collateral. Once theinstitution has this information, itshould assign a census tract orblock numbering area to thatlocation (geocode) and report thatinformation as required under theregulations.

For loans originated or purchased in1998 or later, if the institution cannotdetermine the borrower’s streetaddress, and does not know thecensus tract or block numbering areait should report the borrower’s state,county, MSA, if applicable, and “NA,”for “not available,” in lieu of a censustract or block numbering area code.

Other Loan DataSchedule RC-C, part II, of the CallReport and Schedule SB of theTFR do not allow financialinstitutions to report loans forcommercial and industrial purposesthat are secured by residential realestate. Loans extended to smallbusinesses with gross annualrevenues of $1 million or less may,however, be secured by residentialreal estate. If these loans promotecommunity development, as definedin the regulations, the institutionshould collect and report informationabout these loans as communitydevelopment loans. Otherwise, at aninstitution’s option, it may collect andmaintain data concerning loans,purchases, and lines of creditextended to small businesses andsecured by residential real estate forconsideration in the CRA evaluationof its small-business lending.

To facilitate this optional datacollection, the software distributed

institution that chooses to collectand maintain information onconsumer loans collects the grossannual income of all primaryobligors for consumer loans, to theextent that the institution consideredthe income of the obligors whenmaking the decision to extend credit.Primary obligors include co-applicants and co-borrowers,including cosigners. An institutiondoes not, however, collect theincome of guarantors on consumerloans, because guarantors are onlysecondarily liable for the debt.

If consumer lending constitutes asubstantial majority of an institu-tion’s business, its supervisoryagency will evaluate the institution’sconsumer lending in one or more ofthe following categories: motorvehicle, credit card, home-equity,other secured, and other unsecuredloans. In addition, at an institution’soption, its supervisory agency willevaluate one or more categories ofconsumer lending, if the institutionhas collected and maintained, asrequired in section __.42(c)(1), thedata for each category that theinstitution elects to have itssupervisory agency evaluate.

Where an institution collects data forloans in a certain category, it mustcollect data for all loans originatedor purchased within that category.The institution must maintain thesedata separately for each categoryfor which it chooses to collect data.The data collected and maintainedshould include for each loan:

� a unique number or alphanumericsymbol that can be used to identifythe relevant loan file;

� the loan amount at origination orpurchase;

� the loan location; and� the gross annual income of the

free of charge by the FFIECprovides that an institution maycollect this information tosupplement its small-businesslending data by choosing the loantype “Other secured lines/loans forpurposes of small business,” in theindividual loan data. (The title of theloan type, “Other secured lines ofcredit for purposes of smallbusiness,” which was found in theinstructions accompanying the 1996data collection software, has beenchanged to “Other secured lines/loans for purposes of smallbusiness” in order to accuratelyreflect that lines of credit and loansmay be reported under this loantype.) This information should bemaintained at the institution butshould not be submitted for centralreporting purposes.

Loan Commitmentsand Letters of Credit

Institutions are not required tocollect data on loan commitmentsand letters of credit. They may,however, provide for examinerconsideration information on lettersof credit and commitments.

Commercialand Consumer Leases

Commercial and consumer leasesare not considered small-businessor small-farm loans or consumerloans for purposes of the datacollection requirements forcommercial or consumer loans.However, if an institution wishes tocollect and maintain data aboutleases, it may provide these data toexaminers as “other loan data.”

Consumer LoansThere are no data reporting require-ments for consumer loans. An

Collecting the Data


borrower that the institutionconsidered in making its creditdecision.

Generally, guidance concerningcollection of data on small-businessand small-farm loans—including, forexample, guidance regardingcollecting loan location data anddata in connection with refinancedor renewed loans—will also apply toconsumer loans.

Borrower Income

The CRA does not requireinstitutions to request or considerincome information when making aloan. If an institution does notconsider income when making an

underwriting decision in connectionwith a consumer loan, the institutiondoes not need to collect incomeinformation. On the other hand, ifinstitutions gather this informationfrom their borrowers, the agenciesexpect them to collect the borrowers’gross annual income for purposes ofCRA.

Further, if the institution routinelycollects, but does not verify, aborrower’s income when making acredit decision, it need not verify theincome for purposes of datamaintenance. Institutions may relyon the gross annual income amountprovided by borrowers in theordinary course of business.

The purpose of collecting incomedata on consumer loans is to enableexaminers to determine thedistribution based on borrowercharacteristics, including thenumber and amount of consumerloans to low-, moderate-, middle-,and upper-income borrowers, asdetermined on the basis of grossannual income, particularly in theinstitution’s assessment area(s).

An institution can list “0” in theincome field on consumer loansmade to its employees whencollecting data for CRA purposes, asthe institution would be permitted todo under HMDA.


Reportingthe Data

Reporting ToolsFFIEC Data Entry Software

The CRA Data Entry software isprovided free of charge by theFFIEC to help financial institutionsautomate the filing of their CRAdata. The software includes editingand reporting features to help verify,complete, and analyze data. Datacreated using this package can beeasily exported onto a diskette andmailed or transmitted by e-mail tothe Board.

Any institution that is interested inreceiving a copy of the softwaremay:

� send a written request to

Federal Reserve BoardAttn: CRA Processing1709 New York Avenue, 5th FloorWashington, DC 20006

or

� send an e-mail request [email protected]

or

� leave a voice-mail request on theCRA Assistance Line at(202) 872-7584.

Please be sure to include a contactname, mailing address, and a phonenumber where you may be reached.

The geocoding utility is included inthis software; the use of this utility byan institution is optional. If you wishto use it, your institution will berequired to purchase thegeographical data, which isavailable only on CD-ROM from PCiServices, Inc. (PCi), of Boston,Massachusetts. A PCi Servicesorder form can be downloaded fromthe FFIEC’s CRA website atwww.ffiec.gov/cra/softinfo.htm.

The FFIEC also has an Internet sitethat allows users to retrieve MSA,

state, county, and census tract/BNAcodes for street addresses. Inaddition, some demographicinformation (mainly population andincome) can be obtained for aparticular census tract/BNA. TheInternet address iswww.ffiec.gov/geocode.

Sources of GeographicInformation

The following sources may help youreport geographic data accurately.

Information aboutMSA Boundaries

You can obtain information oncurrent and historical MSAboundaries at www.census.gov byselecting Subjects A–Z, then M,then Metropolitan Areas, thenMetropolitan Definitions.

CRA uses the term MSA—metropolitan statistical area—forMSAs, CMSAs (consolidatedmetropolitan statistical areas), andPMSAs (primary metropolitanstatistical areas). MSAs, CMSAs,and PMSAs are components ofmetropolitan areas, or MAs. TheOffice of Management and Budget,which defines their geographicboundaries, and the Census Bureaurefer to the generic term MA.

To determine MSA boundaries forfuture years, you may need to obtainFIPS PUB 8-5, MetropolitanStatistical Areas. Contact:

National Technical InformationServices

U.S. Department of CommercePort Royal RoadSpringfield, VA 22161

(703) 487-4650

A list of all valid census tractnumbers (and BNA designations) ineach MSA is available for a fee fromthe Board’s HMDA Assistance Line

Reporting the Data


Illustration 1: LandView®III

Illustration 2: 1990 Census Tract Outline Map

at (202) 452-2016. The list will helpensure that you are using only validcensus tract numbers; however, thelist is not a tool for geocoding yourCRA data.

The FFIEC Census Data CD-ROMalso contains census tract numberinformation as well as otherinformative census and demographicdata. To order this software, contactthe HMDA Assistance Line at (202)452-2016.

Census Bureau Products

The following products for deter-mining the correct 1990 census tractnumber for a given property areavailable from the Census Bureau.

LandView III

LandView III is Census Bureau CD-ROM desktop mapping softwareproduct. It runs on Windows® 3.1,Windows 95, Windows 98, Windows2000, and Macintosh operatingsystems. LandView III shows adetailed network of roads(containing address informationwhere available), rivers, andrailroads, along with jurisdictionaland statistical boundaries (includingcensus tracts). The information isbased upon the Census Bureau’sTIGER/Line 1995 files, which reflectthe street network and addressranges known to the Census Bureauas of the fall of 1995. Besidesproducing custom map views thatdisplay selected user-specified mapinformation (see Illustration 1),LandView also provides thecapability of displaying the FIPSstate and county codes, census tractor block numbering area codes, andblock group codes for any locationthat a user points to on the map.This product can be ordered fromthe Census Bureau CustomerService Center.

Ordering information and a fullyfunctional copy of the software witha single county’s map and data (youcan specify the county) can bedownloaded from the CensusBureau’s website atwww.census.gov/geo/www/tiger.

Census Tract/Block Numbering AreaOutline Maps

If you prefer paper maps, you mayuse the 1990 Census Tract/BlockNumbering Area Outline Maps forthe counties within the MSAs forwhich you are reporting (see

Reporting the Data


Illustration 2). Besides showingnumbers for census tracts (andBNAs) within a particular county,these maps display the boundariesand names of the features used ascensus tract boundaries and thenames of any counties or othersubdivisions.

The outline maps are sold by theCensus Bureau’s CustomerServices Center in county packages.On average, there are four mapsheets per metropolitan county. Themap sheets are oversized—gener-ally 36 by 42 inches—and mapscales vary to minimize the numberof map sheets. Maps may includeone or more insets of densely settledareas.

The outline maps do not showstreets, street names, or addressranges within a census tract. You willtherefore need to use the maps incombination with up-to-date localstreet maps available in your localmarket, and to use a marker pen tohighlight on the street map theboundaries of each census tractaccording to the outline map.

TIGER/Census Tract Street Index®

Use the TIGER/Census Tract Street

Index (TIGER/CTSI) for the countyin which the property is located(Illustration 3).

The TIGER/CTSI enables you todetermine the census tract numbersfor properties that use city-stylestreet addresses. It is arranged bycounty within each MSA. TheTIGER/CTSI provides the streetname, including prefix or suffixdirection (such as “north”) and streettype (such as “street” or “avenue”),address range, and correspondingcensus tract number. Within acounty, numbered streets (forexample, 9th, 10th) precede thestreets listed alphabetically.

The TIGER/CTSI shows the censustract number for each side of thestreet and, where applicable,provides the county subdivision(town, township) and place codes foreach street and address range. Thelatter may be helpful in determiningthe census tract number whenstreets with identical names andaddress ranges are located indifferent parts of the county. (Countysubdivision and place codes andtheir corresponding names are listedin the back of TIGER/CTSI.) This

product is now available onCD-ROM.

The TIGER/CTSI Version 2 hascertain limitations:

� Address-range and streetinformation are current throughApril 1990. This means thataddresses or streets added sincethat time are not shown.

� The index does not containaddress-range information forareas with rural-type addresses(such as RFD addresses).

The Census Bureau is currentlypreparing the TIGER/CTSI Version 3products for public release. Theseproducts will reflect the streetnetwork and address ranges knownto the Census Bureau as of summerof 1997. Check the Census TIGERpage, www.census.gov/geo/www/tiger, for the current status.

A special HMDA order form availablefrom the Bureau of the Census tellsyou how to obtain the TIGER/CTSIfor selected counties. To obtain theHMDA order form for the TIGER/CTSI, the outline maps, andLandView III, contact:

Customer Services CenterBureau of the CensusWashington, DC 20233

(301) 457-4100

To obtain detailed information aboutgeographic products:

Geography Division—Products and Services Staff

Bureau of the CensusWashington, DC 20233

(301) 457-1128

[email protected]

You also may contact the CensusBureau regional office serving yourstate as listed in appendix D of thisguide. The costs of the censusmaterials will vary, depending on thesize of the county.

Illustration 3: 1990 TIGER/Census Tract Street Index®

TIGER/Census Tract Street Index®—Ver. 2, Part A Fairfax County, VAFrom To Street Tract or ZIP 103rd FIPS

Street Name Address Address Side BNA Code Area Name Cong. CodeBarkley Dr 3100 3699 Both 4401.98 22031 Mantua CDP 11 49144Bark Tree Ct 8285 8367 Odd 4924 22153 Lorton CDP 08 47064Bark Tree Ct 8300 8354 Even 4924 22153 Lorton CDP 08 47064Barkwood Ct 9500 9599 Both 4405 22032 11Barley Rd 3100 3199 Both 4619.98 22031 Oakton CDP 11 58472Barley Wk 7400 7416 Both 4502 22042 Jefferson CDP 11 40584Barlow Rd 900 948 Both 4162 22060 Fort Belvoir CDP 08 29008Barnack Dr 6700 7021 Both 4314 22152 West Springfield CDP 08 84976Barnacle Pl 7000 7009 Both 4324 22015 Burke CDP 11 11464Barnard Ct 3100 3150 Both 4617.98 22031 Merrifield CDP 11 51192Barnesdale Path 6300 6536 Even 4911 22020 10Barnesdale Path 6301 6533 Odd 4911 22022 10Barnesville Rd 13704 13910 Even 4825 22070 10Barney Rd 3800 3843 Both 4901 22021 10Barnsbury Ct 9900 9939 Both 4619.98 22031 Oakton CDP 11 58472

Reporting the Data


The Census Bureau is not able toassist in preparing data to meetCRA requirements or in determiningthe appropriate census tractnumbers for individual addresses.Geographic information is availablefrom the FFIEC’s website atwww.ffiec.gov/geocode.

Internet ResourcesThe Census Bureau offers asubscription service that allowsusers on-line access to informationcontained in TIGER/CTSI. Institu-tions that have an occasional needto determine tract numbers in partsof the country other than where theyprimarily do business might beinterested in using this service.

To access this Internet site, enterwww.census.gov and selectCenStats Censtore, thenCenStats, then test drive. The testdrive page gives basic informationabout the service and has links todetailed descriptions of TIGER/CTSIVersion 2. The link at the top of eachpage gives a sample of the informa-tion you can expect.

To obtain more detaileddemographic information on theInternet, you can access censusdata through the FFIEC’s website athttp://www.ffiec.gov/webcensus/ffieccensus.htm.

Data AutomationCycleData must be submitted to theBoard, designated processor for allthe agencies, no later than March 1.

Data submissions should be mailedto:

Federal Reserve BoardAttn: CRA Processing1709 New York Avenue, 5th FloorWashington, DC 20006

Data submitted via e-mail should beencrypted using the FFIEC’sInternet Submission Software, whichaccompanies the FFIEC’s DataEntry Software and sent [email protected].

After an institution’s data have beenreceived and loaded, the data arerun through a batch process tocheck for any errors or discrep-ancies. The data automation cyclehas three steps that all reportinginstitutions must complete forsuccessful CRA data submission.These steps, described below, areedit report review, institution registersummary confirmation, and dataresubmission.

Edit Report Review

The edit report gives an institutionan opportunity to verify submittedstatistics and provides the institutionwith a listing of errors that werediscovered during the editing cycle.Illustration 4 is an example of an editreport with errors. Because CRAsubmissions are electronicallybased, the institution that submittedthese data would have to correct itserrors and send a completeresubmission. The resubmissionreplaces the institution’s previoussubmission.

Institution RegisterSummary (IRS)Confirmation

If an institution provides an error-free submission, it will receive anIRS (see Illustration 5). The IRS isused as a final confirmation of thedata that have been sent. Theinstitution’s CRA officer or individualresponsible for submitting CRA datamust sign the form included with theIRS and fax it to the Board at (202)530-6234.

Data Resubmission

Resubmissions are prepared by aninstitution if the institution identifieserrors or needs to make changes todata that have already beensubmitted. If the resubmission ismade after the CRA data have beenaggregated and made publiclyavailable, the institution must send acomplete resubmission, and shouldstate that it is a “completeresubmission.” After the receipt ofthe resubmission, new edit or IRSreports will be distributed.

Automatic FaxbackSystem

The CRA data process includes anautomatic faxback feature to maketransmission of correspondencesimpler and to reduce paper usage.The faxback system uses the faxnumber provided by the institutionon its transmittal sheet to send theedit reports, institution registersummary, and any othercorrespondence.

Reporting the Data


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Reporting the Data


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Reporting the Data


Public Availabilityof Data

Disclosure Statements

Institutions that are required to makeannual public disclosure of theirsmall-business, small-farm, andcommunity development lendingactivity will receive, by September15, a CD-ROM containing thedisclosure statement for thatinstitution. The CRA Aggregate andDisclosure CD-ROM contains thedisclosure statement for thatinstitution and reports for all otherinstitutions that have reported CRAdata for that year. Most largeinstitutions are required to keep aCRA disclosure statement for thetwo prior calendar years in theirpublic files.

If a large institution (except one thatwas small in the prior calendar year)has elected to have one or morecategories of its consumer loansconsidered under the lending test, itmust also make available for each

category, for the prior two calendaryears, the number and amount ofloans:

� to low-, moderate-, middle-, andupper-income individuals;

� located in low-, moderate-,middle-, and upper-income censustracts; and

� located inside and outside theinstitution’s assessment area(s).

Aggregate Tables

The CRA Aggregate and DisclosureCD-ROM provides access toaggregate tables covering thelending activity of all institutionssubject to CRA for each MSA andnon-MSA portion of each state aswell as national aggregate tablescovering the lending activity of allinstitutions nationwide.

Aggregate and DisclosureCD-Rom Providedby the FFIECin the Public File

Rather than printing a hard copy ofthe CRA disclosure statement, an

institution may retain a copy of theFFIEC compact disc in its public file.When a consumer requests aninstitution’s public file, the institutionmust be able to print its CRAdisclosure statement readily fromeither the compact disc or aduplicate of the compact disc.

If the request is at a branch otherthan the main office or thedesignated branch office in eachstate that holds the complete publicfile, the institution should provide theCRA disclosure statement on paper,or in another format acceptable tothe requestor, within five calendardays.

Aggregateand Disclosureon the Internet

The CRA aggregate and disclosuredata can be found on the Internet atwww.ffiec.gov/webcraad/craaggr.htm.


Glossary Affiliate. Any company that controls,is controlled by, or is under commoncontrol with another company. Theterm “control” has the meaning givento that term in 12 U.S.C. 1841(a)(2),and a company is under commoncontrol with another company if bothcompanies are directly or indirectlycontrolled by the same company.

Area median income.� The median family income for the

MSA, if a person or geography islocated in an MSA or

� the statewide nonmetropolitanmedian family income, if a personor geography is located outside anMSA.

Assessment area(s). One or moregeographic area(s) delineated by aninstitution and (if delineated incompliance with the regulation) usedby the regulatory agency inevaluating the institution’s record ofhelping to meet the credit needs ofits community. The assessmentarea(s) for an institution other than awholesale or limited-purposeinstitution must:� consist generally of one or more

MSAs (using the MSA boundariesthat were in effect as of January 1of the calendar year in which thedelineation is made) or one ormore contiguous politicalsubdivisions, such as counties,cities, or towns; and

� include the geographies in whichthe bank has its main office, itsbranches, and its deposit-takingATMs, as well as the surroundinggeographies in which the bank hasoriginated or purchased asubstantial portion of its loans(including home mortgage loans,small-business and small-farmloans, and any other loans thebank chooses, such as those

consumer loans on which thebank elects to have itsperformance assessed).

An assessment area(s) must consistonly of whole geographies, may notreflect illegal discrimination, may notarbitrarily exclude low- or moderate-income geographies, taking intoaccount the institution’s size andfinancial condition, and may notextend substantially beyond a CMSAboundary or beyond a stateboundary unless the assessmentarea(s) is located in a multistateMSA. An institution may adjust theboundaries of its assessment area(s)to include only the portion of apolitical subdivision that itreasonably can be expected toserve.

Automated teller machine (ATM).An automated, unstaffed bankingfacility owned or operated by, oroperated exclusively for, the bank atwhich deposits are received, cashdispersed, or money lent.

Block numbering area (BNA). TheBureau of Census, in conjunctionwith state agencies, has establishedBNAs as statistical subdivisions ofcounties in which census tracts havenot been established. BNAs aregenerally identified in census databy numbers in the range 9501 to9989.99. (For purposes of the CRA,an institution may use BNA orCensus Tracts, as both are“geographies”).

Branch. A staffed banking facilityauthorized as a branch, whethershared or unshared, including, forexample, a minibranch in a grocerystore or a branch operated inconjunction with any other localbusiness or nonprofit organization.

Glossary


Census tract. A small, relativelypermanent statistical subdivision ofa county in a metropolitan area or aselected nonmetropolitan countydesigned to be a relatively homo-geneous unit with respect to popula-tion characteristics, economicstatus, and living conditions. Censustracts usually contain between 2,500and 8,000 inhabitants. Census tractnumbers generally range from 0001through 9499.99 and are uniquewithin a county. Institutions arecurrently required to use census tractnumbers from the 1990 censusseries.

CMSA. A consolidated metropolitanstatistical area as defined by thedirector of the Office of Managementand Budget.

Community development.� affordable housing (including

multifamily rental housing) for low-or moderate-income individuals;

� community services targeted tolow- or moderate-incomeindividuals;

� activities that promote economicdevelopment by financingbusinesses or farms that meet thesize eligibility standards of theSmall Business Administration’sDevelopment Company or SmallBusiness Investment Companyprograms (13 CFR 121.301) orhave gross annual revenues of $1million or less; or

� activities that revitalize or stabilizelow- or moderate-incomegeographies.

Community development loan. Aloan 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 anaffiliate for consideration in theinstitution’s assessment as ahome mortgage, small-business,small-farm, or consumer loan,unless it is a multifamily-dwellingloan; and— benefits the institution’sassessment area(s) or a broaderstatewide or regional area thatincludes the institution’sassessment area(s).

Community development service.A service that has as its primarypurpose community development, isrelated to the provision of financialservices, and has not beenconsidered in the evaluation of theinstitution’s retail banking services.

Consumer loan. A loan to one ormore individuals for household,family, or other personalexpenditures. A consumer loan doesnot 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 thepurchase of and secured by amotor vehicle;

� Credit card loan, which is a line ofcredit for household, family, orother personal expenditures that isaccessed by a borrower’s use of acredit card;

� Home equity loan, which is aconsumer loan secured by aresidence of the borrower;

� Other secured consumer loan,which is a secured consumer loanthat is not included in one of theother categories of consumerloans; and

� Other unsecured consumer loan,which is an unsecured consumerloan that is not included in one of

the other categories of consumerloans

Edit report. A report generated bythe FFIEC and faxed to CRAreporters based on their datasubmissions. The edit report listsand describes errors found in thesubmitted data.

Geography. Geography means acensus tract or a block numberingarea delineated by the United StatesBureau of the Census in the mostrecent decennial census.

Home mortgage loan. A “homeimprovement loan” or a “homepurchase loan” as defined in theBoard’s Regulation C (12 CFR part203), which implements HomeMortgage Disclosure Act.

Income level. Income levelsinclude:� Low-income, which means an

individual income that is less than50 percent of the area medianincome, or a median family incomethat is less than 50 percent, in thecase of a geography;

� Moderate-income, which means anindividual income that is at least 50percent and less than 80 percentof the area median income, or amedian family income that is atleast 50 and less than 80 percent,in the case of a geography;

� Middle-income, which means anindividual income that is at least 80percent and less than 120 percentof the area median income, or amedian family income that is atleast 80 and less than 120 percent,in the case of a geography; and

� Upper-income, which means anindividual income that is 120percent or more of the areamedian income, or a median familyincome that is 120 percent ormore, in the case of a geography.

Glossary


Institution Register Summary(IRS). A report generated by theFFIEC and faxed to CRA reportersbased on the data they submitted.The first page of the IRS lists thenumber and total dollar amounts ofsmall-business, small-farm,community development andconsortium/third party loans in thedata submission. If the loaninformation is correct, CRA reporterssign the second page of the IRS andfax it to (202) 530-6234.

Large institution. An institutionother than a small institution.

Limited-purpose institution. Aninstitution that offers only a narrowproduct line (such as credit card ormotor vehicle loans) to a regional orbroader market and for which adesignation as a limited-purposeinstitution from its supervisoryagency is in effect.

Loan location.� A consumer loan is located in the

geography where the borrowerresides.

� A home mortgage loan is locatedin the geography where theproperty to which the loan relatesis located.

� A small-business or small-farmloan is located in the geographywhere the main business facility orfarm is located or where the loanproceeds otherwise will beapplied, as indicated by theborrower.

MSA. A metropolitan statistical areaor a primary metropolitan statisticalarea (PMSA) as defined by theDirector of the Office ofManagement and Budget.

Qualified investment. A lawfulinvestment, deposit, membershipshare, or grant that has as itsprimary purpose communitydevelopment.

Small institution. An institution that,as of December 31 of either of theprior two calendar years, had totalassets of less than $250 million andwas independent or an affiliate of aholding company that, as ofDecember 31 of either of the priortwo calendar years, had totalbanking and thrift assets of less than$1 billion.

Small-business loan. A loanincluded in “loans to smallbusinesses” as defined in theinstructions in the institution’s“Consolidated Report of Conditionand Income” (Call Report) or “ThriftFinancial Report” (TFR).

Small-farm loan. A loan included in“loans to small farms” as defined inthe instructions in the institution’s“Consolidated Report of Conditionand Income” (Call Report) or “ThriftFinancial Report” (TFR).

Special-purpose institution. Aninstitution that does not performcommercial or retail bankingservices by granting credit to thepublic in the ordinary course ofbusiness, other than as incident toits specialized operations. Theseinstitutions include banker’s banksas defined in 12 USC 24 (Seventh),and institutions that engage in onlyone or more of the followingactivities: providing cash-management controlled-disbursement services or serving ascorrespondent institutions, trustcompanies, or clearing agents.

Wholesale institution. An institutionthat is not in the business ofextending home mortgage, small-business, small-farm, or consumerloans to retail customers, and forwhich a designation as a wholesaleinstitution from its supervisoryagency is in effect.


Appendix A—Regulation BB:CommunityReinvestmentAs amended effective July 1, 1997*

* Regulation BB is the Board’s regulationimplementing the CRA. The OCC, FDIC, andOTS have adopted substantially similarregulations, which appear at 12 CFR parts25, 345, and 563e. The four regulations differprimarily in sections 11 and 29 and inappendix B.

Subpart A—General

Section228.11 Authority, purposes, and

scope228.12 Definitions

Subpart B—Standards forAssessing Performance

228.21 Performance tests,standards, and ratings, ingeneral

228.22 Lending test228.23 Investment test228.24 Service test228.25 Community development

test for wholesale orlimited-purpose banks

228.26 Small-bank performancestandards

228.27 Strategic plan228.28 Assigned ratings228.29 Effect of CRA

performance onapplications

Subpart C—Records, Reporting,and Disclosure Requirements

228.41 Assessment-areadelineation

228.42 Data collection, reporting,and disclosure

228.43 Content and availability ofpublic file

228.44 Public notice by banks228.45 Publication of planned

examination schedule

Appendix A—RatingsAppendix B—CRA Notice

institution, and to take this recordinto account in the agency’sevaluation of an application for adeposit facility by the institution. Thispart is intended to carry out thepurposes of the CRA by—

(1) establishing the frameworkand criteria by which the Boardassesses a bank’s record ofhelping to meet the credit needsof its entire community, includinglow- and moderate-incomeneighborhoods, consistent withthe safe and sound operation ofthe bank; and(2) providing that the Board takesthat record into account inconsidering certain applications.

(c) Scope.(1) General. This part applies toall banks except as provided inparagraph (c)(3) of this section.(2) Foreign bank acquisitions.This part also applies to anuninsured state branch (other thana limited branch) of a foreign bankthat results from an acquisitiondescribed in section 5(a)(8) of theInternational Banking Act of 1978(12 USC 3103(a)(8)). The terms“state branch” and “foreign bank”have the same meanings as insection 1(b) of the InternationalBanking Act of 1978 (12 USC3101 et seq.); the term “uninsuredstate branch” means a statebranch the deposits of which arenot insured by the FederalDeposit Insurance Corporation;the term “limited branch” means astate branch that accepts onlydeposits that are permissible for acorporation organized undersection 25A of the FederalReserve Act (12 USC 611 etseq.).(3) Certain special-purposebanks. This part does not apply tospecial-purpose banks that do not

SUBPART A—GENERAL

SECTION 228.11—Authority, Purposes,and Scope

(a) Authority. The Board ofGovernors of the Federal ReserveSystem (the Board) issues this part†

to implement the CommunityReinvestment Act (12 USC 2901 etseq.) (CRA). The regulationscomprising this part are issued underthe authority of the CRA and underthe provisions of the United StatesCode authorizing the Board—

(1) to conduct examinations ofstate-chartered banks that aremembers of the Federal ReserveSystem (12 USC 325);(2) to conduct examinations ofbank holding companies and theirsubsidiaries (12 USC 1844); and(3) to consider applications for—

(i) domestic branches by statemember banks (12 USC 321);(ii) mergers in which theresulting bank would be a statemember bank (12 USC1828(c));(iii) formations of, acquisitionsof banks by, and mergers of,bank holding companies (12USC 1842); and(iv) the acquisition of savingsassociations by bank holdingcompanies (12 USC 1843).

(b) Purposes. In enacting the CRA,the Congress required eachappropriate federal financialsupervisory agency to assess aninstitution’s record of helping to meetthe credit needs of the localcommunities in which the institutionis chartered, consistent with the safeand sound operation of the

†The words “this part,” as used herein, meanRegulation BB (Code of Federal Regulations,title 12, chapter II, part 228).

Appendix A—Regulation BB: Community Reinvestment


perform commercial or retailbanking services by grantingcredit to the public in the ordinarycourse of business, other than asincident to their specializedoperations. These banks includebanker’s banks, as defined in 12USC 24 (Seventh), and banks thatengage only in one or more of thefollowing activities: providingcash-management controlled-disbursement services or servingas correspondent banks, trustcompanies, or clearing agents.

SECTION 228.12—Definitions

For purposes of this part, thefollowing definitions apply:

(a) Affiliate means any companythat controls, is controlled by, or isunder common control with anothercompany. The term “control” has themeaning given to that term in 12USC 1841(a)(2), and a company isunder common control with anothercompany if both companies aredirectly or indirectly controlled by thesame company.

(b) Area median income means—(1) the median family income forthe MSA, if a person or geographyis located in an MSA; or(2) the statewide nonmetropolitanmedian family income, if a personor geography is located outsidean MSA.

(c) Assessment area means ageographic area delineated inaccordance with section 228.41.

(d) Automated teller machine (ATM)means an automated, unstaffedbanking facility owned or operatedby, or operated exclusively for, thebank at which deposits are received,cash dispersed, or money lent.

(e) Bank means a state memberbank as that term is defined insection 3(d)(2) of the FederalDeposit Insurance Act (12 USC1813(d)(2)), except as provided insection 228.11(c)(3), and includes anuninsured state branch (other than alimited branch) of a foreign bankdescribed in section 228.11(c)(2).

(f) Branch means a staffed bankingfacility approved as a branch,whether shared or unshared,including, for example, a minibranchin a grocery store or a branchoperated in conjunction with anyother local business or nonprofitorganization.

(g) CMSA means a consolidatedmetropolitan statistical area asdefined by the director of the Officeof Management and Budget.

(h) Community developmentmeans—

(1) affordable housing (includingmultifamily rental housing) for low-or moderate-income individuals;(2) community services targetedto low- or moderate-incomeindividuals;(3) activities that promoteeconomic development byfinancing businesses or farms thatmeet the size eligibility standardsof the Small BusinessAdministration’s DevelopmentCompany or Small BusinessInvestment Company programs(13 CFR 121.301) or have grossannual revenues of $1 million orless; or(4) activities that revitalize orstabilize low- or moderate-incomegeographies.

(i) Community development loanmeans a loan that—

(1) has as its primary purposecommunity development; and

(2) except in the case of awholesale or limited-purposebank—

(i) has not been reported orcollected by the bank or anaffiliate for consideration in thebank’s assessment as a homemortgage, small business,small farm, or consumer loan,unless it is a multifamilydwelling loan (as described inappendix A to part 203 of thischapter); and(ii) benefits the bank’sassessment area(s) or abroader statewide or regionalarea that includes the bank’sassessment area(s).

(j) Community development servicemeans a service that—

(1) has as its primary purposecommunity development;(2) is related to the provision offinancial services; and(3) has not been considered inthe evaluation of the bank’s retailbanking services under section228.24(d).

(k) Consumer loan means a loan toone or more individuals for house-hold, family, or other personalexpenditures. A consumer loan doesnot include a home mortgage, smallbusiness, or small farm loan.Consumer loans include thefollowing categories of loans:

(1) Motor vehicle loan, which is aconsumer loan extended for thepurchase of and secured by amotor vehicle;(2) Credit card loan, which is aline of credit for household, family,or other personal expendituresthat is accessed by a borrower’suse of a “credit card,” as this termis defined in section 226.2 of thischapter;(3) Home-equity loan, which is a



consumer loan secured by aresidence of the borrower;(4) Other secured consumer loan,which is a secured consumer loanthat is not included in one of theother categories of consumerloans; and(5) Other unsecured consumerloan, which is an unsecuredconsumer loan that is not includedin one of the other categories ofconsumer loans.

(l) Geography means a census tractor a block numbering areadelineated by the United StatesBureau of the Census in the mostrecent decennial census.

(m) Home mortgage loan means a“home-improvement loan” or a“home-purchase loan” as defined insection 203.2 of this chapter.

(n) Income level includes:(1) Low-income, which means anindividual income that is less than50 percent of the area medianincome, or a median familyincome that is less than 50percent, in the case of ageography.(2) Moderate-income, whichmeans an individual income thatis at least 50 percent and lessthan 80 percent of the areamedian income, or a medianfamily income that is at least 50and less than 80 percent, in thecase of a geography.(3) Middle-income, which meansan individual income that is atleast 80 percent and less than 120percent of the area medianincome, or a median familyincome that is at least 80 and lessthan 120 percent, in the case of ageography.(4) Upper-income, which meansan individual income that is 120percent or more of the area

median income, or a medianfamily income that is 120 percentor more, in the case of ageography.

(o) Limited-purpose bank means abank that offers only a narrowproduct line (such as credit card ormotor vehicle loans) to a regional orbroader market and for which adesignation as a limited-purposebank is in effect, in accordance withsection 228.25(b).

(p) Loan location. A loan is locatedas follows:

(1) a consumer loan is located inthe geography where the borrowerresides;(2) a home mortgage loan islocated in the geography wherethe property to which the loanrelates is located; and(3) a small-business or small-farm loan is located in thegeography where the mainbusiness facility or farm is locatedor where the loan proceedsotherwise will be applied, asindicated by the borrower.

(q) Loan production office means astaffed facility, other than a branch,that is open to the public and thatprovides lending-related services,such as loan information andapplications.

(r) MSA means a metropolitanstatistical area or a primarymetropolitan statistical area asdefined by the director of the Officeof Management and Budget.

(s) Qualified investment means alawful investment, deposit,membership share, or grant that hasas its primary purpose communitydevelopment.

(t) Small bank means a bank that,as of December 31 of either of theprior two calendar years, had total

assets of less than $250 million andwas independent or an affiliate of aholding company that, as ofDecember 31 of either of the priortwo calendar years, had totalbanking and thrift assets of less than$1 billion.

(u) Small-business loan means aloan included in “loans to smallbusinesses” as defined in theinstructions for preparation of theConsolidated Report of Conditionand Income.

(v) Small-farm loan means a loanincluded in “loans to small farms” asdefined in the instructions forpreparation of the ConsolidatedReport of Condition and Income.

(w) Wholesale bank means a bankthat is not in the business ofextending home mortgage, small-business, small-farm, or consumerloans to retail customers, and forwhich a designation as a wholesalebank is in effect, in accordance withsection 228.25(b).

SUBPART B—STANDARDSFOR ASSESSINGPERFORMANCE

SECTION 228.21—Performance Tests,Standards, and Ratings,in General

(a) Performance tests andstandards. The Board assesses theCRA performance of a bank in anexamination as follows:

(1) Lending, investment, andservice tests. The Board appliesthe lending, investment, andservice tests, as provided insections 228.22 through 228.24,in evaluating the performance of abank, except as provided inparagraphs (a)(2), (a)(3), and(a)(4) of this section.



(2) Community development testfor wholesale or limited-purposebanks. The Board applies thecommunity development test for awholesale or limited-purposebank, as provided in section228.25, except as provided inparagraph (a)(4) of this section.(3) Small-bank performancestandards. The Board applies thesmall-bank performancestandards as provided in section228.26 in evaluating theperformance of a small bank or abank that was a small bank duringthe prior calendar year, unless thebank elects to be assessed asprovided in paragraphs (a)(1),(a)(2), or (a)(4) of this section.The bank may elect to beassessed as provided inparagraph (a)(1) of this sectiononly if it collects and reports thedata required for other banksunder section 228.42.(4) Strategic plan. The Boardevaluates the performance of abank under a strategic plan if thebank submits, and the Boardapproves, a strategic plan asprovided in section 228.27.

(b) Performance context. The Boardapplies the tests and standards inparagraph (a) of this section andalso considers whether to approve aproposed strategic plan in thecontext of—

(1) demographic data on medianincome levels, distribution ofhousehold income, nature ofhousing stock, housing costs, andother relevant data pertaining to abank’s assessment area(s);(2) any information about lending,investment, and serviceopportunities in the bank’sassessment area(s) maintainedby the bank or obtained fromcommunity organizations, state,

local, and tribal governments,economic-development agencies,or other sources;(3) the bank’s product offeringsand business strategy asdetermined from data provided bythe bank;(4) institutional capacity andconstraints, including the size andfinancial condition of the bank, theeconomic climate (national,regional, and local), safety-and-soundness limitations, and anyother factors that significantlyaffect the bank’s ability to providelending, investments, or servicesin its assessment area(s);(5) the bank’s past performanceand the performance of similarlysituated lenders;(6) the bank’s public file, asdescribed in section 228.43, andany written comments about thebank’s CRA performancesubmitted to the bank or theBoard; and(7) any other information deemedrelevent by the Board.

(c) Assigned ratings. The Boardassigns to a bank one of thefollowing four ratings pursuant tosection 228.28 and appendix A ofthis part: “outstanding”; “satis-factory”; “needs to improve”; or“substantial noncompliance” asprovided in 12 USC 2906(b)(2). Therating assigned by the Board reflectsthe bank’s record of helping to meetthe credit needs of its entirecommunity, including low- andmoderate-income neighborhoods,consistent with the safe and soundoperation of the bank.

(d) Safe and sound operations. Thispart and the CRA do not require abank to make loans or investmentsor to provide services that areinconsistent with safe and sound

operations. To the contrary, theBoard anticipates banks can meetthe standards of this part with safeand sound loans, investments, andservices on which the banks expectto make a profit. Banks are permittedand encouraged to develop andapply flexible underwriting standardsfor loans that benefit low- ormoderate-income geographies orindividuals, only if consistent withsafe and sound operations.

SECTION 228.22—Lending Test

(a) Scope of test.(1) The lending test evaluates abank’s record of helping to meetthe credit needs of its assessmentarea(s) through its lendingactivities by considering a bank’shome mortgage, small-business,small-farm, and communitydevelopment lending. If consumerlending constitutes a substantialmajority of a bank’s business, theBoard will evaluate the bank’sconsumer lending in one or moreof the following categories: motorvehicle, credit card, home-equity,other secured, and otherunsecured loans. In addition, at abank’s option, the Board willevaluate one or more categoriesof consumer lending, if the bankhas collected and maintained, asrequired in section 228.42(c)(1),the data for each category that thebank elects to have the Boardevaluate.(2) The Board considersoriginations and purchases ofloans. The Board will alsoconsider any other loan data thebank may choose to provide,including data on loansoutstanding, commitments, andletters of credit.



(3) A bank may ask the Board toconsider loans originated orpurchased by consortia in whichthe bank participates or by thirdparties in which the bank hasinvested only if the loans meet thedefinition of communitydevelopment loans and only inaccordance with paragraph (d) ofthis section. The Board will notconsider these loans under anycriterion of the lending test exceptthe community developmentlending criterion.

(b) Performance criteria. The Boardevaluates a bank’s lendingperformance pursuant to thefollowing criteria:

(1) Lending activity. The numberand amount of the bank’s homemortgage, small-business, small-farm, and consumer loans, ifapplicable, in the bank’sassessment area(s);(2) Geographic distribution. Thegeographic distribution of thebank’s home mortgage, small-business, small-farm, andconsumer loans, if applicable,based on the loan location,including—

(i) the proportion of the bank’slending in the bank’sassessment area(s);(ii) the dispersion of lending inthe bank’s assessment area(s);and(iii) the number and amount ofloans in low-, moderate-,middle-, and upper-incomegeographies in the bank’sassessment area(s);

(3) Borrower characteristics. Thedistribution, particularly in thebank’s assessment area(s), of thebank’s home mortgage, small-business, small-farm, andconsumer loans, if applicable,based on borrower

characteristics, including thenumber and amount of—

(i) home mortgage loans tolow-, moderate-, middle-, andupper-income individuals;(ii) small-business and small-farm loans to businesses andfarms with gross annualrevenues of $1 million or less;(iii) small-business and small-farm loans by loan amount atorigination; and(iv) consumer loans, ifapplicable, to low-, moderate-,middle-, and upper-incomeindividuals;

(4) Community developmentlending. The bank’s communitydevelopment lending, includingthe number and amount ofcommunity development loans,and their complexity andinnovativeness; and(5) Innovative or flexible lendingpractices. The bank’s use ofinnovative or flexible lendingpractices in a safe and soundmanner to address the creditneeds of low- or moderate-incomeindividuals or geographies.

(c) Affiliate lending.(1) At a bank’s option, the Boardwill consider loans by an affiliateof the bank, if the bank providesdata on the affiliate’s loanspursuant to section 228.42.(2) The Board considers affiliatelending subject to the followingconstraints:

(i) no affiliate may claim a loanorigination or loan purchase ifanother institution claims thesame loan origination orpurchase; and(ii) if a bank elects to have theBoard consider loans within aparticular lending categorymade by one or more of thebank’s affiliates in a particular

assessment area, the bankshall elect to have the Boardconsider, in accordance withparagraph (c)(1) of this section,all the loans within that lendingcategory in that particularassessment area made by allof the bank’s affiliates.

(3) The Board does not consideraffiliate lending in assessing abank’s performance underparagraph (b)(2)(i) of this section.

(d) Lending by a consortium or athird party. Community developmentloans originated or purchased by aconsortium in which the bankparticipates or by a third party inwhich the bank has invested—

(1) will be considered, at thebank’s option, if the bank reportsthe data pertaining to these loansunder section 228.42(b)(2); and(2) may be allocated amongparticipants or investors, as theychoose, for purposes of thelending test, except that noparticipant or investor—

(i) may claim a loan originationor loan purchase if anotherparticipant or investor claimsthe same loan origination orpurchase; or(ii) may claim loans accountingfor more than its percentageshare (based on the level of itsparticipation or investment) ofthe total loans originated by theconsortium or third party.

(e) Lending-performance rating. TheBoard rates a bank’s lendingperformance as provided in appendixA of this part.

SECTION 228.23—Investment Test

(a) Scope of test. The investmenttest evaluates a bank’s record ofhelping to meet the credit needs of



its assessment area(s) throughqualified investments that benefit itsassessment area(s) or a broaderstatewide or regional area thatincludes the bank’s assessmentarea(s).

(b) Exclusion. Activities consideredunder the lending or service testsmay not be considered under theinvestment test.

(c) Affiliate investment. At a bank’soption, the Board will consider, in itsassessment of a bank’s investmentperformance, a qualified investmentmade by an affiliate of the bank, ifthe qualified investment is notclaimed by any other institution.

(d) Disposition of branch premises.Donating, selling on favorable terms,or making available on a rent-freebasis a branch of the bank that islocated in a predominantly minorityneighborhood to a minoritydepository institution or women’sdepository institution (as these termsare defined in 12 USC 2907(b)) willbe considered as a qualifiedinvestment.

(e) Performance criteria. The Boardevaluates the investmentperformance of a bank pursuant tothe following criteria:

(1) the dollar amount of qualifiedinvestments;(2) the innovativeness orcomplexity of qualifiedinvestments;(3) the responsiveness ofqualified investments to credit andcommunity development needs;and(4) the degree to which thequalified investments are notroutinely provided by privateinvestors.

(f) Investment-performance rating.The Board rates a bank’s investment

performance as provided in appendixA of this part.

SECTION 228.24—Service Test

(a) Scope of test. The service testevaluates a bank’s record of helpingto meet the credit needs of itsassessment area(s) by analyzingboth the availability and effective-ness of a bank’s systems fordelivering retail banking services andthe extent and innovativeness of itscommunity development services.

(b) Area(s) benefitted. Communitydevelopment services must benefit abank’s assessment area(s) or abroader statewide or regional areathat includes the bank’s assessmentarea(s).

(c) Affiliate service. At a bank’soption, the Board will consider, in itsassessment of a bank’s serviceperformance, a communitydevelopment service provided by anaffiliate of the bank, if the communitydevelopment service is not claimedby any other institution.

(d) Performance criteria—retailbanking services. The Boardevaluates the availability andeffectiveness of a bank’s systems fordelivering retail banking services,pursuant to the following criteria:

(1) the current distribution of thebank’s branches among low-,moderate-, middle-, and upper-income geographies;(2) in the context of its currentdistribution of the bank’sbranches, the bank’s record ofopening and closing branches,particularly branches located inlow- or moderate-incomegeographies or primarily servinglow- or moderate-incomeindividuals;

(3) the availability andeffectiveness of alternate systemsfor delivering retail bankingservices (e.g., ATMs, ATMs notowned or operated by orexclusively for the bank, bankingby telephone or computer, loanproduction offices, and bank-at-work or bank-by-mail programs) inlow- and moderate-incomegeographies and to low- andmoderate-income individuals; and(4) the range of services providedin low-, moderate-, middle-, andupper-income geographies andthe degree to which the servicesare tailored to meet the needs ofthose geographies.

(e) Performance criteria—community development services.The Board evaluates communitydevelopment services pursuant tothe following criteria:

(1) the extent to which the bankprovides community developmentservices; and(2) the innovativeness andresponsiveness of communitydevelopment services.

(f) Service-performance rating. TheBoard rates a bank’s serviceperformance as provided in appendixA of this part.

SECTION 228.25—Community DevelopmentTest for Wholesale orLimited-Purpose Bank

(a) Scope of test. The Boardassesses a wholesale or limited-purpose bank’s record of helping tomeet the credit needs of itsassessment area(s) under thecommunity development test throughits community development lending,qualified investments, or communitydevelopment services.



(b) Designation as a wholesale orlimited-purpose bank. In order toreceive a designation as a wholesaleor limited-purpose bank, a bank shallfile a request, in writing, with theBoard, at least three months prior tothe proposed effective date of thedesignation. If the Board approvesthe designation, it remains in effectuntil the bank requests revocation ofthe designation or until one yearafter the Board notifies the bank thatthe Board has revoked thedesignation on its own initiative.

(c) Performance criteria. The Boardevaluates the communitydevelopment performance of awholesale or limited-purpose bankpursuant to the following criteria:

(1) the number and amount ofcommunity development loans(including originations andpurchases of loans and othercommunity development loan dataprovided by the bank, such asdata on loans outstanding,commitments, and letters ofcredit), qualified investments, orcommunity development services;(2) the use of innovative orcomplex qualified investments,community development loans, orcommunity development servicesand the extent to which theinvestments are not routinelyprovided by private investors; and(3) the bank’s responsiveness tocredit and communitydevelopment needs.

(d) Indirect activities. At a bank’soption, the Board will consider in itscommunity developmentperformance assessment:

(1) qualified investments orcommunity development servicesprovided by an affiliate of thebank, if the investments orservices are not claimed by anyother institution; and

(2) community developmentlending by affiliates, consortia andthird parties, subject to therequirements and limitations insection 228.22(c) and (d).

(e) Benefit to assessment area(s).(1) Benefit inside assessmentarea(s). The Board considers allqualified investments, communitydevelopment loans, andcommunity development servicesthat benefit areas within thebank’s assessment area(s) or abroader statewide or regional areathat includes the bank’sassessment area(s).(2) Benefit outside assessmentarea(s). The Board considers thequalified investments, communitydevelopment loans, andcommunity development servicesthat benefit areas outside thebank’s assessment area(s), if thebank has adequately addressedthe needs of its assessmentarea(s).

(f) Community developmentperformance rating. The Board ratesa bank’s community developmentperformance as provided in appendixA of this part.

SECTION 228.26—Small-Bank PerformanceStandards

(a) Performance criteria. The Boardevaluates the record of a small bank,or a bank that was a small bankduring the prior calendar year, ofhelping to meet the credit needs ofits assessment area(s) pursuant tothe following criteria:

(1) the bank’s loan-to-depositratio, adjusted for seasonalvariation and, as appropriate,other lending-related activities,such as loan originations for saleto the secondary markets,

community development loans, orqualified investments;(2) the percentage of loans and,as appropriate, other lending-related activities located in thebank’s assessment area(s);(3) the bank’s record of lending toand, as appropriate, engaging inother lending-related activities forborrowers of different incomelevels and businesses and farmsof different sizes;(4) the geographic distribution ofthe bank’s loans; and(5) the bank’s record of takingaction, if warranted, in responseto written complaints about itsperformance in helping to meetcredit needs in its assessmentarea(s).

(b) Small-bank performance rating.The Board rates the performance ofa bank evaluated under this sectionas provided in appendix A of thispart.

SECTION 228.27—Strategic Plan

(a) Alternative election. The Boardwill assess a bank’s record ofhelping to meet the credit needs ofits assessment area(s) under astrategic plan if—

(1) the bank has submitted theplan to the Board as provided forin this section;(2) the Board has approved theplan;(3) the plan is in effect; and(4) the bank has been operatingunder an approved plan for atleast one year.

(b) Data reporting. The Board’sapproval of a plan does not affect thebank’s obligation, if any, to reportdata as required by section 228.42.

(c) Plans in general.(1) Term. A plan may have a term



of no more than five years, andany multiyear plan must includeannual interim measurable goalsunder which the Board willevaluate the bank’s performance.(2) Multiple assessment areas. Abank with more than oneassessment area may prepare asingle plan for all of itsassessment areas or one or moreplans for one or more of itsassessment areas.(3) Treatment of affiliates.Affiliated institutions may preparea joint plan if the plan providesmeasurable goals for eachinstitution. Activities may beallocated among institutions at theinstitutions’ option, provided thatthe same activities are notconsidered for more than oneinstitution.

(d) Public participation in plandevelopment. Before submitting aplan to the Board for approval, abank shall—

(1) informally seek suggestionsfrom members of the public in itsassessment area(s) covered bythe plan while developing theplan;(2) once the bank has developeda plan, formally solicit publiccomment on the plan for at least30 days by publishing notice in atleast one newspaper of generalcirculation in each assessmentarea covered by the plan; and(3) during the period of formalpublic comment, make copies ofthe plan available for review bythe public at no cost at all officesof the bank in any assessmentarea covered by the plan andprovide copies of the plan uponrequest for a reasonable fee tocover copying and mailing, ifapplicable.

(e) Submission of plan. The bank

shall submit its plan to the Board atleast three months prior to theproposed effective date of the plan.The bank shall also submit with itsplan a description of its informalefforts to seek suggestions frommembers of the public, any writtenpublic comment received, and, if theplan was revised in light of thecomment received, the initial plan asreleased for public comment.

(f) Plan content.(1) Measurable goals.

(i) A bank shall specify in itsplan measurable goals forhelping to meet the creditneeds of each assessmentarea covered by the plan,particularly the needs of low-and moderate-incomegeographies and low- andmoderate-income individuals,through lending, investment,and services, as appropriate.(ii) A bank shall address in itsplan all three performancecategories and, unless thebank has been designated as awholesale or limited-purposebank, shall emphasize lendingand lending-related activities.Nevertheless, a differentemphasis, including a focus onone or more performancecategories, may be appropriateif responsive to thecharacteristics and creditneeds of its assessmentarea(s), considering publiccomment and the bank’scapacity and constraints,product offerings, and businessstrategy.

(2) Confidential information. Abank may submit additionalinformation to the Board on aconfidential basis, but the goalsstated in the plan must besufficiently specific to enable the

public and the Board to judge themerits of the plan.(3) Satisfactory and outstandinggoals. A bank shall specify in itsplan measurable goals thatconstitute “satisfactory”performance. A plan may specifymeasurable goals that constitute“outstanding” performance. If abank submits, and the Boardapproves, both “satisfactory” and“outstanding” performance goals,the Board will consider the bankeligible for an “outstanding”performance rating.(4) Election if satisfactory goalsnot substantially met. A bank mayelect in its plan that, if the bankfails to meet substantially its plangoals for a satisfactory rating, theBoard will evaluate the bank’sperformance under the lending,investment, and service tests, thecommunity development test, orthe small-bank performancestandards, as appropriate.

(g) Plan approval.(1) Timing. The Board will actupon a plan within 60 calendardays after the Board receives thecomplete plan and other materialrequired under paragraph (d) ofthis section. If the Board fails toact within this time period, theplan shall be deemed approvedunless the Board extends thereview period for good cause.(2) Public participation. Inevaluating the plan’s goals, theBoard considers the public’sinvolvement in formulating theplan, written public comment onthe plan, and any response by thebank to public comment on theplan.(3) Criteria for evaluating plan.The Board evaluates a plan’smeasurable goals using thefollowing criteria, as appropriate:



(i) the extent and breadth oflending or lending-relatedactivities, including, asappropriate, the distribution ofloans among differentgeographies, businesses andfarms of different sizes, andindividuals of different incomelevels, the extent of communitydevelopment lending, and theuse of innovative or flexiblelending practices to addresscredit needs;(ii) the amount andinnovativeness, complexity,and responsiveness of thebank’s qualified investments;and(iii) the availability andeffectiveness of the bank’ssystems for delivering retailbanking services and the extentand innovativeness of thebank’s community developmentservices.

(h) Plan amendment. During theterm of a plan, a bank may requestthe Board to approve an amendmentto the plan on grounds that there hasbeen a material change incircumstances. The bank shalldevelop an amendment to apreviously approved plan inaccordance with the publicparticipation requirements ofparagraph (d) of this section.

(i) Plan assessment. The Boardapproves the goals and assessesperformance under a plan asprovided for in appendix A of thispart.

SECTION 228.28—Assigned Ratings

(a) Ratings in general. Subject toparagraphs (b) and (c) of thissection, the Board assigns to a banka rating of “outstanding,”

“satisfactory,” “needs to improve,” or“substantial noncompliance” basedon the bank’s performance under thelending, investment, and servicetests, the community developmenttest, the small-bank performancestandards, or an approved strategicplan, as applicable.

(b) Lending, investment, and servicetests. The Board assigns a rating fora bank assessed under the lending,investment, and service tests inaccordance with the followingprinciples:

(1) a bank that receives an“outstanding” rating on the lendingtest receives an assigned rating ofat least “satisfactory”;(2) a bank that receives an“outstanding” rating on both theservice test and the investmenttest and a rating of at least “highsatisfactory” on the lending testreceives an assigned rating of“outstanding”; and(3) no bank may receive anassigned rating of “satisfactory” orhigher unless it receives a ratingof at least “low satisfactory” on thelending test.

(c) Effect of evidence ofdiscriminatory or other illegal creditpractices. Evidence of discriminatoryor other illegal credit practicesadversely affects the Board’sevaluation of a bank’s performance.In determining the effect on thebank’s assigned rating, the Boardconsiders the nature and extent ofthe evidence, the policies andprocedures that the bank has inplace to prevent discriminatory orother illegal credit practices, anycorrective action that the bank hastaken or has committed to take,particularly voluntary correctiveaction resulting from self-assessment, and other relevantinformation.

SECTION 228.29—Effectof CRA Performanceon Applications

(a) CRA performance. Among otherfactors, the Board takes into accountthe record of performance under theCRA of—

(1) each applicant bank for the—(i) establishment of a domesticbranch by a state memberbank; and(ii) merger, consolidation,acquisition of assets, orassumption of liabilitiesrequiring approval under theBank Merger Act (12 USC1828(c)) if the acquiring,assuming, or resulting bank isto be a state member bank;and

(2) each insured depositoryinstitution (as defined in 12 USC1813) controlled by an applicantand subsidiary bank or savingsassociation proposed to becontrolled by an applicant—

(i) to become a bank holdingcompany in a transaction thatrequires approval under section3 of the Bank HoldingCompany Act (12 USC 1842);(ii) to acquire ownership orcontrol of shares or all orsubstantially all of the assets ofa bank, to cause a bank tobecome a subsidiary of a bankholding company, or to mergeor consolidate a bank holdingcompany with any other bankholding company in a trans-action that requires approvalunder section 3 of the BankHolding Company Act (12 USC1842); and(iii) to own, control, or operatea savings association in atransaction that requiresapproval under section 4 of theBank Holding Company Act (12USC 1843).



(b) Interested parties. In consideringCRA performance in an applicationdescribed in paragraph (a) of thissection, the Board takes into accountany views expressed by interestedparties that are submitted inaccordance with the Board’s Rulesof Procedure set forth in part 262 ofthis chapter.

(c) Denial or conditional approval ofapplication. A bank’s record ofperformance may be the basis fordenying or conditioning approval ofan application listed in paragraph (a)of this section.

(d) Definitions. For purposes ofparagraph (a)(2) of this section,“bank,” “bank holding company,”“subsidiary,” and “savingsassociation” have the meaningsgiven to those terms in section 2 ofthe Bank Holding Company Act (12USC 1841).

SUBPART C—RECORDS,REPORTING, ANDDISCLOSUREREQUIREMENTS

SECTION 228.41—Assessment-AreaDelineation

(a) In general. A bank shalldelineate one or more assessmentareas within which the Board eval-uates the bank’s record of helping tomeet the credit needs of its com-munity. The Board does not evaluatethe bank’s delineation of its assess-ment area(s) as a separate perform-ance criterion, but the Board reviewsthe delineation for compliance withthe requirements of this section.

(b) Geographic area(s) forwholesale or limited-purpose banks.The assessment area(s) for awholesale or limited-purpose bankmust consist generally of one ormore MSAs (using the MSA

boundaries that were in effect as ofJanuary 1 of the calendar year inwhich the delineation is made) orone or more contiguous politicalsubdivisions, such as counties,cities, or towns, in which the bankhas its main office, branches, anddeposit-taking ATMs.

(c) Geographic area(s) for otherbanks. The assessment area(s) for abank other than a wholesale orlimited-purpose bank must—

(1) consist generally of one ormore MSAs (using the MSAboundaries that were in effect asof January 1 of the calendar yearin which the delineation is made)or one or more contiguouspolitical subdivisions, such ascounties, cities, or towns; and(2) include the geographies inwhich the bank has its main office,its branches, and its deposit-taking ATMs, as well as thesurrounding geographies in whichthe bank has originated orpurchased a substantial portion ofits loans (including homemortgage loans, small-businessand small-farm loans, and anyother loans the bank chooses,such as those consumer loans onwhich the bank elects to have itsperformance assessed).

(d) Adjustments to geographicarea(s). A bank may adjust theboundaries of its assessment area(s)to include only the portion of apolitical subdivision that itreasonably can be expected toserve. An adjustment is particularlyappropriate in the case of anassessment area that otherwisewould be extremely large, of unusualconfiguration, or divided bysignificant geographic barriers.

(e) Limitations on the delineation ofan assessment area. Each bank’sassessment area(s)—

(1) must consist only of wholegeographies;(2) may not reflect illegaldiscrimination;(3) may not arbitrarily excludelow- or moderate-incomegeographies, taking into accountthe bank’s size and financialcondition; and(4) may not extend substantiallybeyond a CMSA boundary orbeyond a state boundary unlessthe assessment area is located ina multistate MSA. If a bank servesa geographic area that extendssubstantially beyond a stateboundary, the bank shall delineateseparate assessment areas forthe areas in each state. If a bankserves a geographic area thatextends substantially beyond aCMSA boundary, the bank shalldelineate separate assessmentareas for the areas inside andoutside the CMSA.

(f) Banks serving military personnel.Notwithstanding the requirements ofthis section, a bank whose businesspredominantly consists of servingthe needs of military personnel ortheir dependents who are not locatedwithin a defined geographic areamay delineate its entire deposit-customer base as its assessmentarea.

(g) Use of assessment area(s). TheBoard uses the assessment area(s)delineated by a bank in its evaluationof the bank’s CRA performanceunless the Board determines that theassessment area(s) do not complywith the requirements of this section.

SECTION 228.42—DataCollection, Reporting, andDisclosure

(a) Loan information required to becollected and maintained. A bank,except a small bank, shall collect,



and maintain in machine-readableform (as prescribed by the Board)until the completion of its next CRAexamination, the following data foreach small-business or small-farmloan originated or purchased by thebank:

(1) a unique number oralphanumeric symbol that can beused to identify the relevant loanfile;(2) the loan amount at origination;(3) the loan location; and(4) an indicator whether the loanwas to a business or farm withgross annual revenues of $1million or less.

(b) Loan information required to bereported. A bank, except a smallbank or a bank that was a smallbank during the prior calendar year,shall report annually by March 1 tothe Board in machine-readable form(as prescribed by the Board) thefollowing data for the prior calendaryear:

(1) Small-business and small-farm loan data. For eachgeography in which the bankoriginated or purchased a small-business or small-farm loan, theaggregate number and amount ofloans—

(i) with an amount atorigination of $100,000 or less;(ii) with amount at originationof more than $100,000 but lessthan or equal to $250,000;(iii) with an amount atorigination of more than$250,000; and(iv) to businesses and farmswith gross annual revenues of$1 million or less (using therevenues that the bankconsidered in making its creditdecision);

(2) Community development loandata. The aggregate number and

aggregate amount of communitydevelopment loans originated orpurchased; and(3) Home mortgage loans. If thebank is subject to reporting underpart 203 of this chapter, thelocation of each home mortgageloan application, origination, orpurchase outside the MSAs inwhich the bank has a home orbranch office (or outside anyMSA) in accordance with therequirements of part 203 of thischapter.

(c) Optional data collection andmaintenance.

(1) Consumer loans. A bank maycollect and maintain in machine-readable form (as prescribed bythe Board) data for consumerloans originated or purchased bythe bank for consideration underthe lending test. A bank maymaintain data for one or more ofthe following categories ofconsumer loans: motor vehicle,credit card, home-equity, othersecured, and other unsecured. Ifthe bank maintains data for loansin a certain category, it shallmaintain data for all loansoriginated or purchased withinthat category. The bank shallmaintain data separately for eachcategory, including for eachloan—

(i) a unique number oralphanumeric symbol that canbe used to identify the relevantloan file;(ii) the loan amount atorigination or purchase;(iii) the loan location; and(iv) the gross annual income ofthe borrower that the bankconsidered in making its creditdecision.

(2) Other loan data. At its option,a bank may provide other

information concerning its lendingperformance, including additionalloan-distribution data.

(d) Data on affiliate lending. A bankthat elects to have the Boardconsider loans by an affiliate, forpurposes of the lending orcommunity development test or anapproved strategic plan, shall collect,maintain, and report for those loansthe data that the bank would havecollected, maintained, and reportedpursuant to paragraphs (a), (b), and(c) of this section had the loans beenoriginated or purchased by the bank.For home mortgage loans, the bankshall also be prepared to identify thehome mortgage loans reported underpart 203 of this chapter by theaffiliate.

(e) Data on lending by a consortiumor a third party. A bank that elects tohave the Board consider communitydevelopment loans by a consortiumor third party, for purposes of thelending or community developmenttests or an approved strategic plan,shall report for those loans the datathat the bank would have reportedunder paragraph (b)(2) of thissection had the loans beenoriginated or purchased by the bank.

(f) Small banks electing evaluationunder the lending, investment, andservice tests. A bank that qualifiesfor evaluation under the small-bankperformance standards but electsevaluation under the lending,investment, and service tests shallcollect, maintain, and report the datarequired for other banks pursuant toparagraphs (a) and (b) of thissection.

(g) Assessment-area data. A bank,except a small bank or a bank thatwas a small bank during the priorcalendar year, shall collect and



report to the Board by March 1 ofeach year a list for each assessmentarea showing the geographies withinthe area.

(h) CRA disclosure statement. TheBoard prepares annually for eachbank that reports data pursuant tothis section a CRA disclosurestatement that contains, on a state-by-state basis—

(1) for each county (and for eachassessment area smaller than acounty) with a population of500,000 persons or fewer in whichthe bank reported a small-business or small-farm loan—

(i) the number and amount ofsmall-business and small-farmloans reported as originated orpurchased located in low-,moderate-, middle-, and upper-income geographies;(ii) a list grouping eachgeography according towhether the geography is low-,moderate-, middle-, or upper-income;(iii) a list showing eachgeography in which the bankreported a small-business orsmall-farm loan; and(iv) the number and amount ofsmall-business and small-farmloans to businesses and farmswith gross annual revenues of$1 million or less;

(2) for each county (and for eachassessment area smaller than acounty) with a population inexcess of 500,000 persons inwhich the bank reported a small-business or small-farm loan—

(i) the number and amount ofsmall-business and small-farmloans reported as originated orpurchased located ingeographies with medianincome relative to the area

median income of less than 10percent, 10 or more but lessthan 20 percent, 20 or more butless than 30 percent, 30 ormore but less than 40 percent,40 or more but less than 50percent, 50 or more but lessthan 60 percent, 60 or more butless than 70 percent, 70 ormore but less than 80 percent,80 or more but less than 90percent, 90 or more but lessthan 100 percent, 100 or morebut less than 110 percent, 110or more but less than 120percent, and 120 percent ormore;(ii) a list grouping eachgeography in the county orassessment area according towhether the median income inthe geography relative to thearea median income is lessthan 10 percent, 10 or more butless than 20 percent, 20 ormore but less than 30 percent,30 or more but less than 40percent, 40 or more but lessthan 50 percent, 50 or more butless than 60 percent, 60 ormore but less than 70 percent,70 or more but less than 80percent, 80 or more but lessthan 90 percent, 90 or more butless than 100 percent, 100 ormore but less than 110 percent,110 or more but less than 120percent, 120 percent or more;(iii) a list showing eachgeography in which the bankreported a small-business orsmall-farm loan; and(iv) the number and amount ofsmall-business and small-farmloans to businesses and farmswith gross annual revenues of$1 million or less;

(3) the number and amount ofsmall-business and small-farm

loans located inside eachassessment area reported by thebank and the number and amountof small-business and small-farmloans located outside theassessment area(s) reported bythe bank; and(4) the number and amount ofcommunity development loansreported as originated orpurchased.

(i) Aggregate disclosure statements.The Board, in conjunction with theOffice of the Comptroller of theCurrency, the Federal DepositInsurance Corporation, and theOffice of Thrift Supervision, preparesannually, for each MSA (including anMSA that crosses a state boundary)and the non-MSA portion of eachstate, an aggregate disclosurestatement of small-business andsmall-farm lending by all institutionssubject to reporting under this part orparts 25, 345, or 563e of this title.These disclosure statementsindicate, for each geography, thenumber and amount of all small-business and small-farm loansoriginated or purchased by reportinginstitutions, except that the Boardmay adjust the form of the disclosureif necessary, because of specialcircumstances, to protect the privacyof a borrower or the competitiveposition of an institution.

(j) Central data depositories. TheBoard makes the aggregatedisclosure statements, described inparagraph (i) of this section, and theindividual bank CRA disclosurestatements, described in paragraph(h) of this section, available to thepublic at central data depositories.The Board publishes a list of thedepositories at which the statementsare available.



SECTION 228.43—Contentand Availability of PublicFile

(a) Information available to thepublic. A bank shall maintain a publicfile that includes the followinginformation:

(1) all written comments receivedfrom the public for the currentyear and each of the prior twocalendar years that specificallyrelate to the bank’s performancein helping to meet communitycredit needs, and any response tothe comments by the bank, ifneither the comments nor theresponses contain statements thatreflect adversely on the goodname or reputation of any personsother than the bank or publicationof which would violate specificprovisions of law;(2) a copy of the public section ofthe bank’s most recent CRAperformance evaluation preparedby the Board. The bank shallplace this copy in the public filewithin 30 business days after itsreceipt from the Board;(3) a list of the bank’s branches,their street addresses, andgeographies;(4) a list of branches opened orclosed by the bank during thecurrent year and each of the priortwo calendar years, their streetaddresses, and geographies;(5) a list of services (includinghours of operation, available loanand deposit products, andtransaction fees) generally offeredat the bank’s branches anddescriptions of materialdifferences in the availability orcost of services at particularbranches, if any. At its option, abank may include informationregarding the availability ofalternative systems for delivering

retail banking services (e.g.,ATMs, ATMs not owned oroperated by or exclusively for thebank, banking by telephone orcomputer, loan production offices,and bank-at-work or bank-by-mailprograms);(6) a map of each assessmentarea showing the boundaries ofthe area and identifying thegeographies contained within thearea, either on the map or in aseparate list; and(7) any other information the bankchooses.

(b) Additional information availableto the public.

(1) Banks other than small banks.A bank, except a small bank or abank that was a small bank duringthe prior calendar year, shallinclude in its public file thefollowing information pertaining tothe bank and its affiliates, ifapplicable, for each of the priortwo calendar years:

(i) if the bank has elected tohave one or more categories ofits consumer loans consideredunder the lending test, for eachof these categories, the numberand amount of loans—

(A) to low-, moderate-,middle-, and upper-incomeindividuals;(B) located in low-,moderate-, middle-, andupper-income census tracts;and(C) located inside thebank’s assessment area(s)and outside the bank’sassessment area(s); and

(ii) the bank’s CRA disclosurestatement. The bank shallplace the statement in thepublic file within three businessdays of its receipt from theBoard.

(2) Banks required to reportHome Mortgage Disclosure Act(HMDA) data. A bank required toreport home mortgage loan datapursuant to part 203 of thischapter shall include in its publicfile a copy of the HMDAdisclosure statement provided bythe Federal Financial InstitutionsExamination Council pertaining tothe bank for each of the prior twocalendar years. In addition, abank that elected to have theBoard consider the mortgagelending of an affiliate for any ofthese years shall include in itspublic file the affiliate’s HMDAdisclosure statement for thoseyears. The bank shall place thestatement(s) in the public filewithin three business days afterits receipt.

(3) Small banks. A small bank ora bank that was a small bankduring the prior calendar yearshall include in its public file—

(i) the bank’s loan-to-depositratio for each quarter of theprior calendar year and, at itsoption, additional data on itsloan-to-deposit ratio; and(ii) the information required forother banks by paragraph(b)(1) of this section, if the bankhas elected to be evaluatedunder the lending, investment,and service tests.

(4) Banks with strategic plans. Abank that has been approved tobe assessed under a strategicplan shall include in its public filea copy of that plan. A bank neednot include information submittedto the Board on a confidentialbasis in conjunction with the plan.(5) Banks with less-than-satisfactory ratings. A bank thatreceived a less-than-satisfactoryrating during its most recent



examination shall include in itspublic file a description of itscurrent efforts to improve itsperformance in helping to meetthe credit needs of its entirecommunity. The bank shall updatethe description quarterly.

(c) Location of public information. Abank shall make available to thepublic for inspection upon requestand at no cost the informationrequired in this section as follows:

(1) at the main office and, if aninterstate bank, at one branchoffice in each state, all informationin the public file; and(2) at each branch:

(i) a copy of the public sectionof the bank’s most recent CRAperformance evaluation and alist of services provided by thebranch; and(ii) within five calendar days ofthe request, all the informationin the public file relating to theassessment area in which thebranch is located.

(d) Copies. Upon request, a bankshall provide copies, either on paperor in another form acceptable to theperson making the request, of theinformation in its public file. Thebank may charge a reasonable feenot to exceed the cost of copyingand mailing (if applicable).

(e) Updating. Except as otherwiseprovided in this section, a bank shallensure that the information requiredby this section is current as of April 1of each year.

SECTION 228.44—PublicNotice by Banks

A bank shall provide in the publiclobby of its main office and each ofits branches the appropriate publicnotice set forth in appendix B of this

part. Only a branch of a bank havingmore than one assessment areashall include the bracketed materialin the notice for branch offices. Onlya bank that is an affiliate of a holdingcompany shall include the next-to-the-last sentence of the notices. Abank shall include the last sentenceof the notices only if it is an affiliateof a holding company that is notprevented by statute from acquiringadditional banks.

SECTION 228.45—Publication of PlannedExamination Schedule

The Board publishes at least 30 daysin advance of the beginning of eachcalendar quarter a list of banksscheduled for CRA examinations inthat quarter.

APPENDIX A—Ratings

(a) Ratings in general.(1) In assigning a rating, theBoard evaluates a bank’sperformance under the applicableperformance criteria in this part, inaccordance with section 228.21,and section 228.28, whichprovides for adjustments on thebasis of evidence ofdiscriminatory or other illegalcredit practices.(2) A bank’s performance neednot fit each aspect of a particularrating profile in order to receivethat rating, and exceptionallystrong performance with respectto some aspects may compensatefor weak performance in others.The bank’s overall performance,however, must be consistent withsafe and sound banking practicesand generally with the appropriaterating profile as follows.

(b) Banks evaluated under the

lending, investment, and servicetests.

(1) Lending performance rating.The Board assigns each bank’slending performance one of thefive following ratings.

(i) Outstanding. The Boardrates a bank’s lendingperformance “outstanding” if, ingeneral, it demonstrates—

(A) excellentresponsiveness to creditneeds in its assessmentarea(s), taking into accountthe number and amount ofhome mortgage, small-business, small-farm, andconsumer loans, ifapplicable, in its assessmentarea(s);(B) a substantial majority ofits loans are made in itsassessment area(s);(C) an excellent geographicdistribution of loans in itsassessment area(s);(D) an excellent distribution,particularly in its assessmentarea(s), of loans amongindividuals of differentincome levels andbusinesses (including farms)of different sizes, given theproduct lines offered by thebank;(E) an excellent record ofserving the credit needs ofhighly economicallydisadvantaged areas in itsassessment area(s), low-income individuals, orbusinesses (including farms)with gross annual revenuesof $1 million or less,consistent with safe andsound operations;(F) extensive use ofinnovative or flexible lendingpractices in a safe and



sound manner to addressthe credit needs of low- ormoderate-income individualsor geographies; and(G) it is a leader in makingcommunity developmentloans.

(ii) High satisfactory. TheBoard rates a bank’s lendingperformance “high satisfactory”if, in general, it demonstrates—

(A) good responsiveness tocredit needs in itsassessment area(s), takinginto account the number andamount of home mortgage,small-business, small-farm,and consumer loans, ifapplicable, in its assessmentarea(s);(B) a high percentage of itsloans are made in itsassessment area(s);(C) a good geographicdistribution of loans in itsassessment area(s);(D) a good distribution,particularly in its assessmentarea(s), of loans amongindividuals of differentincome levels andbusinesses (including farms)of different sizes, given theproduct lines offered by thebank;(E) a good record of servingthe credit needs of highlyeconomically disadvantagedareas in its assessmentarea(s), low-incomeindividuals, or businesses(including farms) with grossannual revenues of $1million or less, consistentwith safe and soundoperations;(F) use of innovative orflexible lending practices in asafe and sound manner toaddress the credit needs of

low- or moderate-incomeindividuals or geographies;and(G) it has made a relativelyhigh level of communitydevelopment loans.

(iii) Low satisfactory. TheBoard rates a bank’s lendingperformance “low satisfactory”if, in general, it demonstrates—

(A) adequateresponsiveness to creditneeds in its assessmentarea(s), taking into accountthe number and amount ofhome mortgage, small-business, small-farm, andconsumer loans, if applica-ble, in its assessmentarea(s);(B) an adequate percentageof its loans are made in itsassessment area(s);(C) an adequate geographicdistribution of loans in itsassessment area(s);(D) an adequatedistribution, particularly in itsassessment area(s), of loansamong individuals ofdifferent income levels andbusinesses (including farms)of different sizes, given theproduct lines offered by thebank;(E) an adequate record ofserving the credit needs ofhighly economicallydisadvantaged areas in itsassessment area(s), low-income individuals, orbusinesses (including farms)with gross annual revenuesof $1 million or less,consistent with safe andsound operations;(F) limited use of innovativeor flexible lending practicesin a safe and sound mannerto address the credit needs

of low- or moderate-incomeindividuals or geographies;and(G) it has made anadequate level of communitydevelopment loans.

(iv) Needs to improve. TheBoard rates a bank’s lendingperformance “needs toimprove” if, in general, itdemonstrates—

(A) poor responsiveness tocredit needs in its assess-ment area(s), taking intoaccount the number andamount of home mortgage,small-business, small-farm,and consumer loans, ifapplicable, in its assessmentarea(s);(B) a small percentage of itsloans are made in itsassessment area(s);(C) a poor geographicdistribution of loans, particu-larly to low- or moderate-income geographies, in itsassessment area(s);(D) a poor distribution,particularly in its assessmentarea(s), of loans amongindividuals of differentincome levels and busi-nesses (including farms) ofdifferent sizes, given theproduct lines offered by thebank;(E) a poor record of servingthe credit needs of highlyeconomically disadvantagedareas in its assessmentarea(s), low-incomeindividuals, or businesses(including farms) with grossannual revenues of $1million or less, consistentwith safe and soundoperations;(F) little use of innovative orflexible lending practices in a



safe and sound manner toaddress the credit needs oflow- or moderate-incomeindividuals or geographies;and(G) it has made a low levelof community developmentloans.

(v) Substantial noncompliance.The Board rates a bank’slending performance as beingin “substantial noncompliance”if, in general, it demonstrates—

(A) a very poorresponsiveness to creditneeds in its assessmentarea(s), taking into accountthe number and amount ofhome mortgage, small-business, small-farm, andconsumer loans, if applica-ble, in its assessmentarea(s);(B) a very small percentageof its loans are made in itsassessment area(s);(C) a very poor geographicdistribution of loans, particu-larly to low- or moderate-income geographies, in itsassessment area(s);(D) a very poor distribution,particularly in its assessmentarea(s), of loans amongindividuals of differentincome levels and busi-nesses (including farms) ofdifferent sizes, given theproduct lines offered by thebank;(E) a very poor record ofserving the credit needs ofhighly economicallydisadvantaged areas in itsassessment area(s), low-income individuals, orbusinesses (including farms)with gross annual revenuesof $1 million or less,

consistent with safe andsound operations;(F) no use of innovative orflexible lending practices in asafe and sound manner toaddress the credit needs oflow- or moderate-incomeindividuals or geographies;and(G) it has made few, if any,community developmentloans.

(2) Investment-performancerating. The Board assigns eachbank’s investment performanceone of the five following ratings.

(i) Outstanding. The Boardrates a bank’s investmentperformance “outstanding” if, ingeneral, it demonstrates—

(A) an excellent level ofqualified investments,particularly those that arenot routinely provided byprivate investors, often in aleadership position;(B) extensive use ofinnovative or complexqualified investments; and(C) excellent responsive-ness to credit and com-munity development needs.

(ii) High satisfactory. TheBoard rates a bank’sinvestment performance “highsatisfactory” if, in general, itdemonstrates—

(A) a significant level ofqualified investments,particularly those that arenot routinely provided byprivate investors, occasion-ally in a leadership position;(B) significant use ofinnovative or complexqualified investments; and(C) good responsiveness tocredit and communitydevelopment needs.

(iii) Low satisfactory. TheBoard rates a bank’sinvestment performance “lowsatisfactory” if, in general, itdemonstrates—

(A) an adequate level ofqualified investments,particularly those that arenot routinely provided byprivate investors, althoughrarely in a leadershipposition;(B) occasional use ofinnovative or complexqualified investments; and(C) adequate respon-siveness to credit andcommunity developmentneeds.

(iv) Needs to improve. TheBoard rates a bank’s invest-ment performance “needs toimprove” if, in general, itdemonstrates—

(A) a poor level of qualifiedinvestments, particularlythose that are not routinelyprovided by privateinvestors;(B) rare use of innovative orcomplex qualified invest-ments; and(C) poor responsiveness tocredit and communitydevelopment needs.

(v) Substantial noncompliance.The Board rates a bank’sinvestment performance asbeing in “substantial noncom-pliance” if, in general, itdemonstrates—

(A) few, if any, qualifiedinvestments, particularlythose that are not routinelyprovided by privateinvestors;(B) no use of innovative orcomplex qualified invest-ments; and



(C) very poor responsive-ness to credit and commu-nity development needs.

(3) Service-performance rating.The Board assigns each bank’sservice performance one of thefive following ratings.

(i) Outstanding. The Boardrates a bank’s serviceperformance “outstanding” if, ingeneral, the bankdemonstrates—

(A) its service-deliverysystems are readilyaccessible to geographiesand individuals of differentincome levels in itsassessment area(s);(B) to the extent changeshave been made, its recordof opening and closingbranches has improved theaccessibility of its deliverysystems, particularly in low-or moderate-income geogra-phies or to low- or moderate-income individuals;(C) its services (including,where appropriate, businesshours) are tailored to theconvenience and needs ofits assessment area(s),particularly low- ormoderate-income geogra-phies or low- or moderate-income individuals; and(D) it is a leader in providingcommunity developmentservices.

(ii) High satisfactory. TheBoard rates a bank’s serviceperformance “high satisfactory”if, in general, the bankdemonstrates—

(A) its service-deliverysystems are accessible togeographies and individualsof different income levels inits assessment area(s);(B) to the extent changes

have been made, its recordof opening and closingbranches has not adverselyaffected the accessibility ofits delivery systems,particularly in low- andmoderate-income geogra-phies and to low- andmoderate-incomeindividuals;(C) its services (including,where appropriate, businesshours) do not vary in a waythat inconveniences itsassessment area(s),particularly low- andmoderate-income geogra-phies and low- andmoderate-income individ-uals; and(D) it provides a relativelyhigh level of communitydevelopment services.

(iii) Low satisfactory. TheBoard rates a bank’s serviceperformance “low satisfactory”if, in general, the bankdemonstrates—

(A) its service-deliverysystems are reasonablyaccessible to geographiesand individuals of differentincome levels in itsassessment area(s);(B) to the extent changeshave been made, its recordof opening and closingbranches has generally notadversely affected theaccessibility of its deliverysystems, particularly in low-and moderate-incomegeographies and to low- andmoderate-incomeindividuals;(C) its services (including,where appropriate, businesshours) do not vary in a waythat inconveniences itsassessment area(s),

particularly low- andmoderate-income geogra-phies and low- andmoderate-income individ-uals; and(D) it provides an adequatelevel of communitydevelopment services.

(iv) Needs to improve. TheBoard rates a bank’s serviceperformance “needs toimprove” if, in general, the bankdemonstrates—

(A) its service-deliverysystems are unreasonablyinaccessible to portions of itsassessment area(s),particularly to low- ormoderate-income geogra-phies or to low- or moderate-income individuals;(B) to the extent changeshave been made, its recordof opening and closingbranches has adverselyaffected the accessibility ofits delivery systems,particularly in low- ormoderate-income geogra-phies or to low- or moderate-income individuals;(C) its services (including,where appropriate, businesshours) vary in a way thatinconveniences its assess-ment area(s), particularlylow- or moderate-incomegeographies or low- ormoderate-incomeindividuals; and(D) it provides a limitedlevel of communitydevelopment services.

(v) Substantial noncompliance.The Board rates a bank’sservice performance as beingin “substantial noncompliance”if, in general, the bankdemonstrates—

(A) its service-delivery



systems are unreasonablyinaccessible to significantportions of its assessmentarea(s), particularly to low-or moderate-incomegeographies or to low- ormoderate-incomeindividuals;(B) to the extent changeshave been made, its recordof opening and closingbranches has significantlyadversely affected theaccessibility of its deliverysystems, particularly in low-or moderate-income geogra-phies or to low- or moderate-income individuals;(C) its services (including,where appropriate, businesshours) vary in a way thatsignificantly inconveniencesits assessment area(s),particularly low- ormoderate-income geogra-phies or low- or moderate-income individuals; and(D) it provides few, if any,community developmentservices.

(c) Wholesale or limited-purposebanks. The Board assigns eachwholesale or limited-purpose bank’scommunity development perfor-mance one of the four followingratings.

(1) Outstanding. The Board ratesa wholesale or limited-purposebank’s community developmentperformance “outstanding” if, ingeneral, it demonstrates—

(i) a high level of communitydevelopment loans, communitydevelopment services, orqualified investments,particularly investments thatare not routinely provided byprivate investors;

(ii) extensive use of innovativeor complex qualified invest-ments, community develop-ment loans, or communitydevelopment services; and(iii) excellent responsivenessto credit and communitydevelopment needs in itsassessment area(s).

(2) Satisfactory. The Board ratesa wholesale or limited-purposebank’s community developmentperformance “satisfactory” if, ingeneral, it demonstrates—

(i) an adequate level ofcommunity development loans,community developmentservices, or qualified invest-ments, particularly investmentsthat are not routinely providedby private investors;(ii) occasional use of innova-tive or complex qualifiedinvestments, communitydevelopment loans, orcommunity developmentservices; and(iii) adequate responsivenessto credit and communitydevelopment needs in itsassessment area(s).

(3) Needs to improve. The Boardrates a wholesale or limited-purpose bank’s communitydevelopment performance as“needs to improve” if, in general, itdemonstrates—

(i) a poor level of communitydevelopment loans, communitydevelopment services, orqualified investments,particularly investments thatare not routinely provided byprivate investors;(ii) rare use of innovative orcomplex qualified investments,community development loans,or community developmentservices; and

(iii) poor responsiveness tocredit and communitydevelopment needs in itsassessment area(s).

(4) Substantial noncompliance.The Board rates a wholesale orlimited-purpose bank’s communitydevelopment performance in“substantial noncompliance” if, ingeneral, it demonstrates—

(i) few, if any, communitydevelopment loans, communitydevelopment services, orqualified investments, partic-ularly investments that are notroutinely provided by privateinvestors;(ii) no use of innovative orcomplex qualified investments,community development loans,or community developmentservices; and(iii) very poor responsivenessto credit and communitydevelopment needs in itsassessment area(s).

(d) Banks evaluated under thesmall-bank performance standards.The Board rates the performance ofeach bank evaluated under thesmall-bank performance standardsas follows.

(1) Eligibility for a satisfactoryrating. The Board rates a bank’sperformance “satisfactory” if, ingeneral, the bank demonstrates—

(i) a reasonable loan-to-deposit ratio (consideringseasonal variations) given thebank’s size, financial condition,the credit needs of its assess-ment area(s), and taking intoaccount, as appropriate,lending-related activities suchas loan originations for sale tothe secondary markets andcommunity development loansand qualified investments;(ii) a majority of its loans and,



as appropriate, other lending-related activities are in itsassessment area(s);(iii) a distribution of loans toand, as appropriate, otherlending-related activities forindividuals of different incomelevels (including low- andmoderate-income individuals)and businesses and farms ofdifferent sizes that isreasonable given thedemographics of the bank’sassessment area(s);(iv) a record of takingappropriate action, aswarranted, in response towritten complaints, if any, aboutthe bank’s performance inhelping to meet the creditneeds of its assessmentarea(s); and(v) a reasonable geographicdistribution of loans given thebank’s assessment area(s).

(2) Eligibility for an outstandingrating. A bank that meets each ofthe standards for a “satisfactory”rating under this paragraph andexceeds some or all of thosestandards may warrantconsideration for an overall ratingof “outstanding.” In assessingwhether a bank’s performance is“outstanding,” the Boardconsiders the extent to which thebank exceeds each of theperformance standards for a“satisfactory” rating and itsperformance in making qualifiedinvestments and its performancein providing branches and otherservices and delivery systemsthat enhance credit availability inits assessment area(s).

(3) “Needs to improve” or“substantial noncompliance”ratings. A bank also may receivea rating of “needs to improve” or

“substantial noncompliance”depending on the degree to whichits performance has failed to meetthe standards for a “satisfactory”rating.

(e) Strategic-plan assessment andrating.

(1) Satisfactory goals. The Boardapproves as “satisfactory”measurable goals that adequatelyhelp to meet the credit needs ofthe bank’s assessment area(s).(2) Outstanding goals. If the planidentifies a separate group ofmeasurable goals thatsubstantially exceed the levelsapproved as “satisfactory,” theBoard will approve those goals as“outstanding.”(3) Rating. The Board assessesthe performance of a bankoperating under an approved planto determine if the bank has metits plan goals:

(i) If the bank substantiallyachieves its plan goals for asatisfactory rating, the Boardwill rate the bank’sperformance under the plan as“satisfactory.”(ii) If the bank exceeds its plangoals for a satisfactory ratingand substantially achieves itsplan goals for an outstandingrating, the Board will rate thebank’s performance under theplan as “outstanding.”(iii) If the bank fails to meetsubstantially its plan goals for asatisfactory rating, the Boardwill rate the bank as either“needs to improve” or“substantial noncompliance,”depending on the extent towhich it falls short of its plangoals, unless the bank electedin its plan to be ratedotherwise, as provided insection 228.27(f)(4).

APPENDIX B—CRA Notice

(a) Notice for main offices and, if aninterstate bank, one branch office ineach state.

COMMUNITY REINVESTMENT ACTNOTICE

Under the Federal CommunityReinvestment Act (CRA), the FederalReserve Board (Board) evaluates ourrecord of helping to meet the creditneeds of this community consistent withsafe and sound operations. The Boardalso takes this record into account whendeciding on certain applicationssubmitted by us.

Your involvement is encouraged.You are entitled to certain information

about our operations and ourperformance under the CRA, including,for example, information about ourbranches, such as their location andservices provided at them; the publicsection of our most recent CRAperformance evaluation, prepared by theFederal Reserve Bank of_____(ReserveBank); and comments received from thepublic relating to our performance inhelping to meet community credit needs,as well as our responses to thosecomments. You may review thisinformation today.

At least 30 days before the beginningof each quarter, the Federal ReserveSystem publishes a list of the banks thatare scheduled for CRA examination bythe Reserve Bank in that quarter. Thislist is available from (title of responsibleofficial), Federal Reserve Bankof_____(address). You may send writtencomments about our performance inhelping to meet community credit needsto (name and address of official at bank)and (title of responsible official), FederalReserve Bank of_____ (address). Yourletter, together with any response by us,will be considered by the FederalReserve System in evaluating our CRAperformance and may be made public.

You may ask to look at any commentsreceived by the Reserve Bank. You mayalso request from the Reserve Bank anannouncement of our applications



covered by the CRA filed with theReserve Bank. We are an affiliate of(name of holding company), a bankholding company. You may request from(title of responsible official), FederalReserve Bank of_____(address) anannouncement of applications coveredby the CRA filed by bank holdingcompanies.

(b) Notice for branch offices.

COMMUNITY REINVESTMENT ACTNOTICE

Under the Federal CommunityReinvestment Act (CRA), the FederalReserve Board (Board) evaluates ourrecord of helping to meet the creditneeds of this community consistent withsafe and sound operations. The Boardalso takes this record into account whendeciding on certain applicationssubmitted by us.

Your involvement is encouraged.You are entitled to certain information

about our operations and ourperformance under the CRA. You mayreview today the public section of ourmost recent CRA evaluation, prepared

by the Federal Reserve Bank of_____(address), and a list of services providedat this branch. You may also haveaccess to the following additionalinformation, which we will makeavailable to you at this branch within fivecalendar days after you make a requestto us: (1) a map showing theassessment area containing this branch,which is the area in which the Boardevaluates our CRA performance in thiscommunity; (2) information about ourbranches in this assessment area; (3) alist of services we provide at thoselocations; (4) data on our lendingperformance in this assessment area;and (5) copies of all written commentsreceived by us that specifically relate toour CRA performance in its assessmentarea, and any responses we have madeto those comments. If we are operatingunder an approved strategic plan, youmay also have access to a copy of theplan.

[If you would like to review informationabout our CRA performance in othercommunities served by us, the public filefor our entire bank is available at (nameof office located in state), located at(address).]

At least 30 days before the beginningof each quarter, the Federal ReserveSystem publishes a list of the banks thatare scheduled for CRA examination bythe Reserve Bank in that quarter. Thislist is available from (title of responsibleofficial), Federal Reserve Bank of_____(address). You may send writtencomments about our performance inhelping to meet community credit needsto (name and address of official at bank)and (title of responsible official), FederalReserve Bank of_____ (address). Yourletter, together with any response by us,will be considered by the FederalReserve System in evaluating our CRAperformance and may be made public.

You may ask to look at any commentsreceived by the Reserve Bank. You mayalso request from the Reserve Bank anannouncement of our applicationscovered by the CRA filed with theReserve Bank. We are an affiliate of(name of holding company), a bankholding company. You may request from(title of responsible official), FederalReserve Bank of_____ (address) anannouncement of applications coveredby the CRA filed by bank holdingcompanies.


Appendix B—Schedule RC-C,Part IILoans to SmallBusinesses andSmall FarmsSeptember 1997

General InstructionsSchedule RC-C, part II, is to becompleted only as of the June 30report date.

Schedule RC-C, part II, requestsinformation on the number andamount currently outstanding of“loans to small businesses” and“loans to small farms,” as definedbelow. This information is beingcollected pursuant to Section 122 ofthe Federal Deposit InsuranceCorporation Improvement Act of1991.

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 beenreported in Schedule RC-C, partI, item 1.e (column B on theFFIEC 031), “Loans secured bynonfarm nonresidentialproperties” (in domestic offices),and(2) Loans with original amounts of$1 million or less that have beenreported in Schedule RC-C, partI, item 4, “Commercial andindustrial loans,” on the FFIEC034; item 4.a, “Commercial andindustrial loans to U.S.addressees,” on the FFIEC 032and 033; and item 4.a, column B,“Commercial and industrial loansto U.S. addressees” in domesticoffices, on the FFIEC 031.

1.e Secured by nonfarmnonresidential properties.Report (on the FFIEC 031, incolumn B) loans secured by realestate as evidenced bymortgages or other liens onbusiness and industrialproperties, hotels, motels,churches, hospitals, educationaland charitable institutions,

dormitories, clubs, lodges,association buildings, “homes” foraged persons and orphans, golfcourses, recreational facilities,and similar properties.Exclude loans for nonfarmnonresidential propertyconstruction and landdevelopment purposes withoriginal maturities of 60 monthsor less (report in Schedule RC-C,part I, item 1.a).*

4 Commercial and industrialloans. Report (on the FFIEC 031,in columns A and B, asappropriate) loans for commercialand industrial purposes to soleproprietorships, partnerships,corporations, and other businessenterprises, whether secured(other than by real estate) orunsecured, single-payment orinstallment. On the FFIEC 031,032, and 033, report in theappropriate subitem commercialand industrial loans to U.S. andnon-U.S. addressees.Commercial and industrial loansmay take the form of direct orpurchased loans. Include thereporting bank’s ownacceptances that it holds in its

*As of 3/31/01, the following change to item1(a) of Part I is effective: Item 1.a.“Construction, land development, andother land loans”—At present, the CallReport instruction for “Construction and landdevelopment” loans directs banks to excludefrom this loan category (a) loans to acquireand hold vacant land and (b) constructionloans with original maturities greater than 60months. These two types of loans arecurrently reported in items 1.b through 1.e ofSchedule RC-C, part I, as loans secured byfarmland, 1–4 family residential properties,multifamily residential properties, or nonfarmnonresidential properties, as appropriate. Therevised definitions for the five categories of“Loans secured by real estate” will requireland loans and long-term construction loansto be reported in recaptioned item 1.a.“construction, land development, and otherland loans.”

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


portfolio when the account partyis a commercial or industrialenterprise. Also include loans toindividuals for commercial,industrial, and professionalpurposes but not for investmentor personal expenditurepurposes. Exclude all commercialand industrial loans held fortrading.Include loans of the types listedbelow. These descriptions mayoverlap and are not all inclusive.

(1) Loans for commercial,industrial, and professionalpurposes to:

(a) mining, oil- and gas-producing, and quarryingcompanies;(b) manufacturingcompanies of all kinds,including those whichprocess agriculturalcommodities;(c) construction companies;(d) transportation andcommunications companiesand public utilities;(e) wholesale and retailtrade enterprises and otherdealers in commodities;(f) cooperative associationsincluding farmers’cooperatives;(g) service enterprises suchas hotels, motels, laundries,automotive service stations,and nursing homes andhospitals operated for profit;(h) insurance agents; and(i) practitioners of law,medicine, and publicaccounting.

(2) Loans for the purpose offinancing capital expendituresand current operations.(3) Loans to business enter-prises guaranteed by the SmallBusiness Administration.(4) Loans to farmers for

commercial and industrialpurposes (when farmersoperate a business enterpriseas well as a farm).(5) Loans supported by lettersof commitment from theAgency for InternationalDevelopment.(6) Loans made to financeconstruction that are notsecured by real estate.(7) Loans to merchants ordealers on their ownpromissory notes secured bythe pledge of their owninstallment paper.(8) Loans extended undercredit cards and related plansthat are readily identifiable asbeing issued in the name of acommercial or industrialenterprise.(9) Dealer flooring or floor-planloans.(10) Loans collateralized byproduction payments (e.g., oilor mining productionpayments). Treat as a loan tothe original seller of theproduction payment ratherthan to the holder of theproduction payment. Forexample, report in this item, asa loan to an oil company, aloan made to a nonprofitorganization collateralized byan oil production payment; donot include in Schedule RC-C,part I, item 8 on the FFIEC 034or item 9 on the FFIEC 031,032, and 033 as a loan to thenonprofit organization.(11) Loans and participationsin loans secured by conditionalsales contracts made tofinance the purchase ofcommercial transportationequipment.(12) Commercial and industrial

loans guaranteed by foreigngovernmental institutions.(13) Overnight lending forcommercial and industrialpurposes.

Exclude from commercial andindustrial loans:

(1) Loans secured by realestate, even if for commercialand industrial purposes (reportin Schedule RC-C, part I,item1).(2) Loans to depositoryinstitutions (report in ScheduleRC-C, part I, item 2).(3) Loans to nondepositoryfinancial institutions such asreal estate investment trusts,mortgage companies, andinsurance companies (reportas all other loans in ScheduleRC-C, part I, item 8 on theFFIEC 034; item 9 on theFFIEC 031, 032, and 033).(4) Loans for the purpose ofpurchasing or carryingsecurities (report in ScheduleRC-C, part I, item 8 on theFFIEC 034; item 9 on theFFIEC 031, 032, and 033).(5) Loans for the purpose offinancing agriculturalproduction, whether made tofarmers or to nonagriculturalbusinesses (report in ScheduleRC-C, part I, item 3).(6) Loans to nonprofit organi-zations, such as hospitals oreducational institutions (reportas all other loans in ScheduleRC-C, part I, item 8 on theFFIEC 034; item 9 on theFFIEC 031, 032, and 033),except those for which oil ormining production paymentsserve as collateral which are tobe reported in this item.(7) Holdings of acceptancesaccepted by other banks



(report in Schedule RC-C,part I, item 5).(8) Holdings of ownacceptances when the accountparty is another bank (report inSchedule RC-C, part I, item 2)or a foreign government orofficial institution (report inSchedule RC-C, part I, item 8on the FFIEC 034; item 7 onthe FFIEC 031, 032, and 033).(9) Equipment trust certificates(report in Schedule RC-B,item 5, “Other debt securities”).(10) Any commercial orindustrial loans held by thereporting bank for trading(report in Schedule RC, item 5,“Trading assets”).

For purposes of this schedule,“loans to small farms” consist ofthe following:

(1) Loans with original amounts of$500,000 or less that have beenreported in Schedule RC-C, partI, item 1.b (column B on theFFIEC 031), “Loans secured byfarmland (including farmresidential and other improve-ments)” (in domestic offices), and(2) Loans with original amounts of$500,000 or less that have beenreported in Schedule RC-C, partI, item 3 (column B on the FFIEC031), “Loans to finance agri-cultural production and otherloans to farmers” (in domesticoffices).1.b Secured by farmland.Report (on the FFIEC 031, incolumn B) loans secured byfarmland and improvementsthereon, as evidenced bymortgages or other liens.Farmland includes all land knownto be used or usable foragricultural purposes, such ascrop and livestock production.Farmland includes grazing or

pasture land, whether tillable ornot and whether wooded or not.Include loans secured by farm-land that are guaranteed by theFarmers Home Administration(FmHA) or by the Small BusinessAdministration (SBA) and that areextended, serviced, and collectedby any party other than FmHA orSBA. Exclude, however, loansextended, serviced, collected,and insured by FmHA (report inSchedule RC-B, item 2.a,Securities “Issued by U.S.Government agencies”). Alsoexclude loans for farm propertyconstruction and land develop-ment purposes with originalmaturities of 60 months or less(report in Schedule RC-C, part I,item 1.a).

3 Loans to finance agriculturalproduction and other loans tofarmers. Report (on the FFIEC031, in columns A and B, asappropriate) loans for thepurpose of financing agriculturalproduction. Include such loanswhether secured (other than byreal estate) or unsecured andwhether made to farm and ranchowners and operators (includingtenants) or to nonfarmers. Allother loans to farmers, other thanthose excluded below, shouldalso be reported in this item.

Include as loans to financeagricultural production and otherloans to farmers:

(1) Loans and advances madefor the purpose of financingagricultural production,including the growing andstoring of crops, the marketingor carrying of agriculturalproducts by the growersthereof, and the breeding,raising, fattening, or marketingof livestock.

(2) Loans and advances madefor the purpose of financingfisheries and forestries,including loans to commercialfishermen.

(3) Agricultural notes and othernotes of farmers that the bankhas discounted for, or pur-chased from, merchants anddealers, either with or withoutrecourse to the seller.

(4) Loans to farmers that areguaranteed by the FarmersHome Administration (FmHA)or by the Small BusinessAdministration (SBA) and thatare extended, serviced, andcollected by a party other thanthe FmHA or SBA.

(5) Loans and advances tofarmers for purchases of farmmachinery, equipment, andimplements.(6) Loans and advances tofarmers for all other purposesassociated with themaintenance or operations ofthe farm, including purchasesof private passenger auto-mobiles and other retailconsumer goods andprovisions for the livingexpenses of farmers orranchers and their families.Loans to farmers for house-hold, family, and other personalexpenditures (including creditcards and related plans) thatare not readily identifiable asbeing made to farmers neednot be broken out of ScheduleRC-C, part I, item 6 forinclusion in this item.

Exclude from loans to financeagricultural production and otherloans to farmers:

(1) Loans secured by realestate (report in ScheduleRC-C, part I, item 1).



(2) Loans to farmers forcommercial and industrialpurposes, e.g., when a farmeris operating a businessenterprise as well as a farm(report in Schedule RC-C,part I, item 4).(3) Loans to farmers for thepurpose of purchasing orcarrying stocks, bonds, andother securities (report as allother loans in Schedule RC-C,part I, item 8, on the FFIEC034; report as loans forpurchasing or carryingsecurities in Schedule RC-C,part I, item 9, on the FFIEC031, 032, and 033).(4) Loans to farmers securedby oil or mining productionpayments (report in ScheduleRC-C, part I, item 4).(5) Notes insured by theFarmers Home Administration(FmHA) and instruments(certificates of beneficialownership, insured noteinsurance contracts) repre-senting an interest in FmHA-insured notes (report inSchedule RC-B, item 2.a,Securities “Issued by U.S.Government agencies”). Suchnotes and instruments arebacked by loans made,serviced, and collected by theFarmers Home Administrationand were issued prior toJanuary 1, 1975.

The following guidelines should beused to determine the “originalamount” of a loan:

(1) For loans drawn down underlines of credit or loancommitments, the “originalamount” of the loan is the size ofthe line of credit or loancommitment when the line of

credit or loan commitment wasmost recently approved,extended, or renewed prior to thereport date. However, if theamount currently outstanding asof the report date exceeds thissize, the “original amount” is theamount currently outstanding onthe report date.(2) For loan participations andsyndications, the “originalamount” of the loan participationor syndication is the entireamount of the credit originated bythe lead lender.(3) For all other loans, the“original amount” is the totalamount of the loan at originationor the amount currentlyoutstanding as of the report date,whichever is larger.

The “amount currentlyoutstanding” for a loan is itscarrying value, i.e., the amount atwhich the loan is reported inSchedule RC-C, part I, item 1.b, 1.e,3, or 4, above.

Except as noted below for“corporate” or “business” credit cardprograms, when determining“original amounts” and reporting thenumber and amount currentlyoutstanding for a category of loansin this part II, multiple loans to oneborrower should be combined andreported on an aggregate basisrather than as separate individualloans to the extent that the loansystems in which the bank’sbusiness and/or farm loan data aremaintained can provide aggregateindividual borrower data withoutundue cost to the reporting institu-tion. However, if the burden of suchaggregation would be excessive, theinstitution may report multiple loans

to one borrower as separateindividual loans.

A bank that offers “corporate” or“business” credit card programsunder which credit cards are issuedto one or more of a company’semployees for business-related useshould treat each company’sprogram as a single extension ofcredit to that company. The creditlimits for all of the individual creditcards issued to the company’semployees should be totalled andthis total should be treated as the“original amount” of the “corporate”or “business” credit card programestablished for this company. Thecompany’s program should bereported as one loan and theamount currently outstanding wouldbe the sum of the credit cardbalances as of the June 30 reportdate on each of the individual creditcards issued to the company’semployees. However, whenaggregated data for each individualcompany in a “corporate” or“business” credit card program arenot readily determinable from thebank’s credit card records, the bankshould develop reasonableestimates of the number of“corporate” or “business” credit cardprograms in existence as of the

June 30 report date, the “originalamounts” of these programs, andthe “amounts currently outstanding”for these programs and should thenreport information about theseprograms on the basis of itsreasonable estimates. In no caseshould the individual credit cardsissued to a company’s employeesunder a “corporate” or “business”credit card program be reported asseparate individual loans to smallbusinesses.



Loansto Small BusinessesItemNo. Caption and Instructions

1 Indicate in the appropriate boxat the right whether all orsubstantially all of the dollarvolume of your bank’s “Loanssecured by nonfarmnonresidential properties” (indomestic offices) reported inSchedule RC-C, part I, item1.e, and all or substantially allof the dollar volume of yourbank’s “Commercial andindustrial loans (to U.S.addressees)” (in domesticoffices) reported in ScheduleRC-C, part I, item 4, haveoriginal amounts of $100,000or less.

If: (a) the average size of theamount currently outstanding foryour bank’s “Loans secured bynonfarm nonresidentialproperties” (in domestic offices)as reported in Schedule RC-C,part I, above, is $100,000 orless, and

(b) the average size of theamount currently outstanding foryour bank’s “Commercial andindustrial loans (to U.S.addressees)” (in domesticoffices) as reported in ScheduleRC-C, part I, above, is $100,000or less, and

(c) your lending officers’knowledge of your bank’s loansor other relevant informationpertaining to “Loans secured bynonfarm nonresidentialproperties” (in domestic offices)and “Commercial and industrialloans (to U.S. addressees)” (indomestic offices) indicates thatall or substantially all of the

dollar volume of your bank’sloans in each of these twocategories has “originalamounts” (as described above inthe General Instructions to thispart II) of $100,000 or less, placean “X” in the box marked “YES,”complete items 2.a and 2.bbelow, skip items 3 and 4, andgo to item 5.

If your bank has no loansoutstanding in both of these twoloan categories, place an “X” inthe box marked “NO,” skip items2 through 4, and go to item 5.

Otherwise, place an “X” in thebox marked “NO,” skip items 2.aand 2.b, complete items 3 and 4below, and go to item 5.

2 Report the total number ofloans currently outstandingfor each of the followingSchedule RC-C, part I, loancategories. Multiple loans toone borrower should becombined and reported on anaggregate basis rather than asseparate individual loans to theextent that the loan systems inwhich the bank’s business and/or farm loan data are maintainedcan provide aggregate individualborrower data without unduecost to the reporting institution.However, if the burden of suchaggregation would be excessive,the institution may reportmultiple loans to one borroweras separate individual loans.

2.a Number of “Loans secured bynonfarm nonresidentialproperties” (in domesticoffices) reported in ScheduleRC-C, part I, item 1.e. Count thenumber of individual loanscurrently outstanding whosecarrying values add up to theamount reported in Schedule

RC-C, part I, item 1.e (column Bon the FFIEC 031), “Loanssecured by nonfarmnonresidential properties” (indomestic offices).

2.b Number of “Commercial andindustrial loans (to U.S.addressees)” (in domesticoffices) reported in ScheduleRC-C, part I, item 4. Count thenumber of individual loanscurrently outstanding whosecarrying values add up to theamount reported in ScheduleRC-C, part I, item 4 (column Bon the FFIEC 031), “Commercialand industrial loans (to U.S.addressees)” (in domesticoffices).

3 Number and amount currentlyoutstanding of “Loanssecured by nonfarmnonresidential properties” (indomestic offices) reported inSchedule RC-C, part I, item1.e. See the GeneralInstructions to this part II for theguidelines for determining the“original amount” of a loan.Multiple loans to one borrowershould be combined andreported on an aggregate basisrather than as separateindividual loans to the extentthat the loan systems in whichthe bank’s business and/or farmloan data are maintained canprovide aggregate individualborrower data without unduecost to the reporting institution.However, if the burden of suchaggregation would be excessive,the institution may reportmultiple loans to one borroweras separate individual loans.

The sum of the amountscurrently outstanding reported initems 3.a through 3.c, column B,



must be less than or equal toSchedule 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 thetotal carrying value of allcurrently outstanding “Loanssecured by nonfarmnonresidential properties” (indomestic offices) with “originalamounts” of $100,000 or lessand report this total amount incolumn B. Do not add up the“original amounts” of each ofthese loans and report the totaloriginal amount in column B.

Count the number of individual“Loans secured by nonfarmnonresidential properties” (indomestic offices) whose carryingvalues were included in theamount reported in column B forthis item (i.e., those “Loanssecured by nonfarmnonresidential properties” (indomestic offices) with “originalamounts” of $100,000 or less).Report this number in column A.

3.b With original amounts of morethan $100,000 through$250,000. Add up the totalcarrying value of all currentlyoutstanding “Loans secured bynonfarm nonresidentialproperties” (in domestic offices)with “original amounts” of morethan $100,000 through$250,000 and report this totalamount in column B. Do not addup the “original amounts” ofeach of these loans and reportthe total original amount incolumn B.

Count the number of individual“Loans secured by nonfarmnonresidential properties” (indomestic offices) whose

carrying values were included inthe amount reported in columnB for this item (i.e., those “Loanssecured by nonfarmnonresidential properties” (indomestic offices) with “originalamounts” of more than$100,000 through $250,000).Report this number in column A.

3.c With original amounts of morethan $250,000 through$1,000,000. Add up the totalcarrying value of all currentlyoutstanding “Loans secured bynonfarm nonresidentialproperties” (in domestic offices)with “original amounts” of morethan $250,000 through$1,000,000 and report this totalamount in column B. Do not addup the “original amounts” ofeach of these loans and reportthe total original amount incolumn B.

Count the number of individual“Loans secured by nonfarmnonresidential properties” (indomestic offices) whose carryingvalues were included in theamount reported in column B forthis item (i.e., those “Loanssecured by nonfarmnonresidential properties” (indomestic offices) with “originalamounts” of more than $250,000through $1,000,000). Report thisnumber in column A.

4 Number and amount currentlyoutstanding of “Commercialand industrial loans (to U.S.addressees)” (in domesticoffices) reported in ScheduleRC-C, part I, item 4. See theGeneral Instructions to this partII for the guidelines fordetermining the “originalamount” of a loan and for thetreatment of “corporate” or

“business” credit card programs.Multiple loans to one borrowershould be combined andreported on an aggregate basisrather than as separateindividual loans to the extentthat the loan systems in whichthe bank’s business and/or farmloan data are maintained canprovide aggregate individualborrower data without unduecost to the reporting institution.However, if the burden of suchaggregation would be excessive,the institution may reportmultiple loans to one borroweras separate individual loans.

The sum of the amountscurrently outstanding reported initems 4.a through 4.c, column B,must be less than or equal toSchedule RC-C, part I, item 4 onthe FFIEC 034, item 4.a on theFFIEC 032 and 033, and item4.a, column B on the FFIEC031.

4.a With original amounts of$100,000 or less. Add up thetotal carrying value of allcurrently outstanding“Commercial and industrial loans(to U.S. addressees)” (indomestic offices) with “originalamounts” of $100,000 or lessand report this total amount incolumn B. Do not add up the“original amounts” of each ofthese loans and report the totaloriginal amount in column B.

Count the number of individual“Commercial and industrial loans(to U.S. addressees)” (indomestic offices) whose carryingvalues were included in theamount reported in column B forthis item (i.e., those “Commercialand industrial loans (to U.S.addressees)” (in domesticoffices) with “original amounts”



of $100,000 or less). Report thisnumber in column A.

4.b With original amounts of morethan $100,000 through$250,000. Add up the totalcarrying value of all currentlyoutstanding “Commercial andindustrial loans (to U.S.addressees)” (in domesticoffices) with “original amounts”of more than $100,000 through$250,000 and report this totalamount in column B. Do not addup the “original amounts” of eachof these loans and report thetotal original amount incolumn B.

Count the number of individual“Commercial and industrial loans(to U.S. addressees)” (indomestic offices) whosecarrying values were included inthe amount reported in columnB for this item (i.e., those“Commercial and industrialloans (to U.S. addressees)” (indomestic offices) with “originalamounts” of more than$100,000 through $250,000).Report this number in column A.

4.c With original amounts of morethan $250,000 through$1,000,000. Add up the totalcarrying value of all currentlyoutstanding “Commercial andindustrial loans (to U.S.addressees)” (in domesticoffices) with “original amounts”of more than $250,000 through$1,000,000 and report this totalamount in column B. Do not addup the “original amounts” of eachof these loans and report thetotal original amount incolumn B.

Count the number of individual“Commercial and industrial loans(to U.S. addressees)” (in

domestic offices) whosecarrying values were included inthe amount reported in columnB for this item (i.e., those“Commercial and industrialloans (to U.S. addressees)” (indomestic offices) with “originalamounts” of more than$250,000 through $1,000,000).Report this number in column A.

Agricultural Loansto Small FarmsItemNo. Caption and Instructions

5 Indicate in the appropriate boxat the right whether all orsubstantially all of the dollarvolume of your bank’s “Loanssecured by farmland(including farm residential andother improvements)” (indomestic offices) reported inSchedule RC-C, part I, item1.b, and all or substantially allof the dollar volume of yourbank’s “Loans to financeagricultural production andother loans to farmers” (indomestic offices) reported inSchedule RC-C, part I, item 3,have original amounts of$100,000 or less.

If: (a) the average size of theamount currently outstanding foryour bank’s “Loans secured byfarmland (including farmresidential and other improve-ments)” (in domestic offices) asreported in Schedule RC-C, partI, above, is $100,000 or less,and(b) the average size of theamount currently outstanding foryour bank’s “Loans to financeagricultural production and otherloans to farmers” (in domestic

offices) as reported in ScheduleRC-C, part I, above, is $100,000or less, and(c) your lending officers’knowledge of your bank’s loansor other relevant informationpertaining to “Loans secured byfarmland (including farm residen-tial and other improvements” (indomestic offices) and your“Loans to finance agriculturalproduction and other loans tofarmers” (in domestic offices)indicates that all or substantiallyall of the dollar volume of yourbank’s loans in each of thesetwo categories has “originalamounts” (as described above inthe General Instructions to thispart II) of $100,000 or less,

place an “X” in the box marked“YES,” complete items 6.a and6.b below, and do not completeitems 7 and 8 below.

If your bank has no loansoutstanding in both of these twoloan categories, place an “X” inthe box marked “NO,” and do notcomplete items 6 through 8.

Otherwise, place an “X” in thebox marked “NO,” skip items 6.aand 6.b, and complete items 7and 8 below.

6 Report the total number ofloans currently outstandingfor each of the followingSchedule RC-C, part I, loancategories. Multiple loans toone borrower should becombined and reported on anaggregate basis rather than asseparate individual loans to theextent that the loan systems inwhich the bank’s business and/or farm loan data are maintainedcan provide aggregate individualborrower data without undue



cost to the reporting institution.However, if the burden of suchaggregation would be excessive,the institution may reportmultiple loans to one borroweras separate individual loans.

6.a Number of “Loans secured byfarmland (including farmresidential and otherimprovements)” (in domesticoffices) reported in ScheduleRC-C, part I, item 1.b. Countthe number of individual loanscurrently outstanding whosecarrying values add up to theamount reported in ScheduleRC-C, part I, item 1.b (column Bon the FFIEC 031), “Loanssecured by farmland (includingfarm residential and otherimprovements)” (in domesticoffices).

6.b Number of “Loans to financeagricultural production andother loans to farmers” (indomestic offices) reported inSchedule RC-C, part I, item 3.Count the number of individualloans currently outstandingwhose carrying values add up tothe amount reported in ScheduleRC-C, part I, item 3 (column Bon the FFIEC 031), “Loans tofinance agricultural productionand other loans to farmers” (indomestic offices).

7 Number and amount currentlyoutstanding of “Loanssecured by farmland(including farm residential andother improvements)” (indomestic offices) reported inSchedule RC-C, part I, item1.b. See the GeneralInstructions to this part II for theguidelines for determining the“original amount” of a loan.

Multiple loans to one borrowershould be combined andreported on an aggregate basisrather than as separateindividual loans to the extentthat the loan systems in whichthe bank’s business and/or farmloan data are maintained canprovide aggregate individualborrower data without unduecost to the reporting institution.However, if the burden of suchaggregation would be excessive,the institution may reportmultiple loans to one borroweras separate individual loans.

7.a With original amounts of$100,000 or less. Add up thetotal carrying value of allcurrently outstanding “Loanssecured by farmland (includingfarm residential and otherimprovements)” (in domesticoffices) with “original amounts”of $100,000 or less and reportthis total amount in column B.Do not add up the “originalamounts” of each of these loansand report the total originalamount in column B.

Count the number of individual“Loans secured by farmland(including farm residential andother improvements” (indomestic offices) whose carryingvalues were included in theamount reported in column B forthis item (i.e., those “Loanssecured by farmland (includingfarm residential and otherimprovements)” (in domesticoffices) with “original amounts”of $100,000 or less). Report thisnumber in column A.

7.b With original amounts of morethan $100,000 through$250,000. Add up the totalcarrying value of all currently

outstanding “Loans secured byfarmland (including farmresidential and other improve-ments” (in domestic offices) with“original amounts” of more than$100,000 through $250,000 andreport this total amount incolumn B. Do not add up the“original amounts” of each ofthese loans and report the totaloriginal amount in column B.

Count the number of individual“Loans secured by farmland(including farm residential andother improvements)” (indomestic offices) whose carryingvalues were included in theamount reported in column B forthis item (i.e., those “Loanssecured by farmland (includingfarm residential and otherimprovements)” (in domesticoffices) with “original amounts”of more than $100,000 through$250,000). Report this numberin column A.

7.c With original amounts of morethan $250,000 through$500,000. Add up the totalcarrying value of all currentlyoutstanding “Loans secured byfarmland (including farmresidential and other improve-ments)” (in domestic offices) with“original amounts” of more than$250,000 through $500,000 andreport this total amount incolumn B. Do not add up the“original amounts” of each ofthese loans and report the totaloriginal amount in column B.

Count the number of individual“Loans secured by farmland(including farm residential andother improvements)” (indomestic offices) whose carryingvalues were included in theamount reported in column B for



this item (i.e., those “Loanssecured by farmland (includingfarm residential and otherimprovements)” (in domesticoffices) with “original amounts”of more than $250,000 through$500,000). Report this number incolumn A.

8 Number and amount currentlyoutstanding of “Loans tofinance agriculturalproduction and other loans tofarmers” (in domestic offices)reported in Schedule RC-C,part I, item 3. See the GeneralInstructions to this part II for theguidelines for determining the“original amount” of a loan.Multiple loans to one borrowershould be combined andreported on an aggregate basisrather than as separateindividual loans to the extentthat the loan systems in whichthe bank’s business and/or farmloan data are maintained canprovide aggregate individualborrower data without unduecost to the reporting institution.However, if the burden of suchaggregation would be excessive,the institution may reportmultiple loans to one borroweras separate individual loans.

The sum of the amountscurrently outstanding reported initems 8.a through 8.c, column B,must be less than or equal toSchedule RC-C, part I, item 3(column B on the FFIEC 031).

8.a With original amounts of$100,000 or less. Add up thetotal carrying value of allcurrently outstanding “Loans tofinance agricultural productionand other loans to farmers” (indomestic offices) with “originalamounts” of $100,000 or less

and report this total amount incolumn B. Do not add up the“original amounts” of each ofthese loans and report the totaloriginal amount in column B.

Count the number of individual“Loans to finance agriculturalproduction and other loans tofarmers” (in domestic offices)whose carrying values wereincluded in the amount reportedin column B for this item (i.e.,those “Loans to finance agricul-tural production and other loansto farmers” (in domestic offices)with “original amounts” of$100,000 or less). Report thisnumber in column A.

8.b With original amounts of morethan $100,000 through$250,000. Add up the totalcarrying value of all currentlyoutstanding “Loans to financeagricultural production and otherloans to farmers” (in domesticoffices) with “original amounts”of more than $100,000 through$250,000 and report this totalamount in column B. Do not addup the “original amounts” ofeach of these loans and reportthe total original amount incolumn B.

Count the number of individual“Loans to finance agriculturalproduction and other loans tofarmers” (in domestic offices)whose carrying values wereincluded in the amount reportedin column B for this item (i.e.,those “Loans to finance agricul-tural production and other loansto farmers” (in domestic offices)with “original amounts” of morethan $100,000 through$250,000). Report this number incolumn A.

8.c With original amounts of more

than $250,000 through$500,000. Add up the totalcarrying value of all currentlyoutstanding “Loans to financeagricultural production and otherloans to farmers” (in domesticoffices) with “original amounts”of more than $250,000 through$500,000 and report this totalamount in column B. Do not addup the “original amounts” of eachof these loans and report thetotal original amount incolumn B.

Count the number of individual“Loans to finance agriculturalproduction and other loans tofarmers” (in domestic offices)whose carrying values wereincluded in the amount reportedin column B for this item (i.e.,those “Loans to financeagricultural production and otherloans to farmers” (in domesticoffices) with “original amounts”of more than $250,000 through$500,000). Report this numberin column A.

Examplesof Reportingin Schedule RC-C,Part II(1) A bank has a “Loan secured bynonfarm nonresidential property”which has a carrying value on theJune 30 report date of $70,000 andthis amount is included in ScheduleRC-C, part I, item 1.e. The bankmade this loan to the borrower in theoriginal amount of $75,000, so itwould be considered a “loan to asmall business” and would bereported in Schedule RC-C, part II.Because the original amount of theloan is $100,000 or less, the bankwould report the $70,000 amount



currently outstanding in part II, item3.a, column B.

(2) The bank has a second “Loansecured by nonfarm nonresidentialproperty” which has a carrying valueon the June 30 report date of$60,000 and this amount is includedin Schedule RC-C, part I, item 1.e.The bank made this loan to theborrower in the original amount of$125,000, so it would be considereda “loan to a small business” andwould be reported in ScheduleRC-C, part II. Because the originalamount of the loan falls within themore than $100,000 through$250,000 range, the bank wouldreport the $60,000 amount currentlyoutstanding in part II, item 3.b,column B.

(3) The bank has a “Commercial andindustrial loan” which has a carryingvalue on the June 30 report date of$200,000 and this amount isincluded in Schedule RC-C, part I,item 4. The bank made this loan tothe borrower in the original amountof $250,000, so it would beconsidered a “loan to a smallbusiness” and would be reported inSchedule RC-C, part II. Because theoriginal amount of the loan is exactly$250,000 which is the upper end ofthe more than $100,000 through$250,000 range, the bank wouldreport the $200,000 amountcurrently outstanding in part II, item4.b, column B.

(4) The bank has a second“Commercial and industrial loan”which has a carrying value on theJune 30 report date of $90,000 andthis amount is included in ScheduleRC-C, part I, item 4. The bank madethis loan to the borrower in theoriginal amount of $500,000 andsold loan participations for $400,000while retaining $100,000.

Nevertheless, based on the entireamount of the credit that wasoriginated by the bank, the loanwould be considered a “loan to asmall business” and would bereported in Schedule RC-C, part II.Because the original amount of theentire loan is $500,000 which fallswithin the more than $250,000through $1,000,000 range, the bankwould report the $90,000 amountcurrently outstanding in part II, item4.c, column B.

(5) The bank has a third“Commercial and industrial loan”which has a carrying value on theJune 30 report date of $55,000 andthis amount is included in ScheduleRC-C, part I, item 4. This loanrepresents a participationpurchased by the bank from anotherlender. The original amount of theentire credit is $750,000 and thebank’s original share of this creditwas $75,000. Based on the entireamount of the credit that wasoriginated by the other lender, theloan would be considered a “loan toa small business” and would bereported in Schedule RC-C, part II.Because the original amount of theentire credit is $750,000 which fallswithin the more than $250,000through $1,000,000 range, the bankwould report the $55,000 amountcurrently outstanding in part II, item4.c, column B.

(6) The bank has another“Commercial and industrial loan”and it has a carrying value on theJune 30 report date of $120,000.This amount is included in ScheduleRC-C, part I, item 4. This loanrepresents a participationpurchased by the bank from anotherlender. The original amount of theentire credit is $1,250,000 and thebank’s original share of this creditwas $250,000. Because the original

amount of the entire credit exceeds$1,000,000, the loan would not beconsidered a “loan to a smallbusiness” and would not be reportedin Schedule RC-C, part II.

(7) The bank has a “Loan securedby nonfarm nonresidential property”and a “Commercial and industrialloan” to the same borrower. The firstloan has a carrying value on theJune 30 report date of $375,000 andthis amount is included in ScheduleRC-C, part I, item 1.e. This “Loansecured by nonfarm nonresidentialproperty” was made in the originalamount of $400,000. The secondloan has a carrying value on theJune 30 report date of $650,000 andthis amount is included in ScheduleRC-C, part I, item 4. This “Commer-cial and industrial loan” was made inthe original amount of $750,000.

Case I: The bank’s loan system canprovide aggregate individualborrower data without undue cost tothe reporting institution. The loansystem indicates that this borrower’stwo loans have a combined originalamount of $1,150,000 and thereforethe loans would not be considered“loans to a small business” andwould not be reported in ScheduleRC-C, part II.

Case II: The bank’s loan systemcannot provide aggregate individualborrower data without undue cost tothe reporting institution. Therefore,the borrower’s two loans would betreated as separate loans forpurposes of Schedule RC-C, part II.Based on its $400,000 originalamount, the “Loan secured bynonfarm nonresidential property”would be considered a “loan to asmall business” and would bereported in Schedule RC-C, part II.Because the original amount of theloan falls within the more than



$250,000 through $1,000,000range, the bank would report the$375,000 amount currentlyoutstanding in part II, item 3.c,column B, and count this loan asone loan for purposes of part II, item3.c, column A. Since the“Commercial and industrial loan” isbeing handled separately and itsoriginal amount is $750,000, itwould also be considered a “loan toa small business” and would bereported in Schedule RC-C, part II.Because the original amount of thisloan falls within the more than$250,000 through $1,000,000range, the bank would report the$650,000 amount currentlyoutstanding in part II, item 4.c,column B, and count this loan asone loan for purposes of part II, item4.c, column A.

(8) The bank has a “Loan securedby farmland (including farmresidential and other improvements)”which has a carrying value on theJune 30 report date of $225,000.The bank made this loan to theborrower in the original amount of$260,000 and the loan is secured bya first lien on the borrower’sfarmland. The bank has a second“Loan secured by farmland” to thissame borrower and it is secured bya second lien on the borrower’sproperty. This second lien loan has acarrying value of $50,000 and theoriginal amount of the loan is thesame as its carrying value. Thecarrying values of both loans (the$225,000 first lien loan and the$50,000 second lien loan) areincluded in Schedule RC-C, part I,item 1.b.

Case I: The bank’s loan system canprovide aggregate individualborrower data without undue cost tothe reporting institution. The loansystem indicates that this borrower’s

two loans have a combined originalamount of $310,000 and thereforethe two loans together would beconsidered a single “loan to a smallfarm” and would be reported inSchedule RC-C, part II. Because theoriginal amount of the two combinedloans falls within the more than$250,000 through $500,000 range,the bank would report the $275,000combined total of the amountscurrently outstanding for the twoloans in part II, item 7.c, column B,and count these two loans to thesame borrower as one loan forpurposes of part II, item 7.c,column A.

Case II: The bank’s loan systemcannot provide aggregate individualborrower data without undue cost tothe reporting institution. Therefore,the borrower’s two loans would betreated as separate loans forpurposes of Schedule RC-C, part II.Based on its $260,000 originalamount, the first lien loan would beconsidered a “loan to a small farm”and would be reported in ScheduleRC-C, part II. Because the originalamount of the loan falls within themore than $250,000 through$500,000 range, the bank wouldreport the $225,000 amountcurrently outstanding in part II, item7.c, column B, and count this loanas one loan for purposes of part II,item 7.c, column A. Since thesecond lien loan is being handledseparately and its original amount is$50,000, it would also beconsidered a “loan to a small farm”and would be reported in ScheduleRC-C, part II. Because the originalamount of this loan is less than$100,000, the bank would report the$50,000 amount currentlyoutstanding in part II, item 7.a,column B, and count this loan as

one loan for purposes of part II, item7.a, column A.

(9) The bank has one final “Loansecured by farmland” which has acarrying value on the June 30 reportdate of $5,000 and this amount isincluded in Schedule RC-C, part I,item 1.b. The bank made this loan tothe borrower in the original amountof $300,000, so it would beconsidered a “loan to a small farm”and would be reported in ScheduleRC-C, part II. Because the originalamount of the loan falls within themore than $250,000 through$500,000 range, the bank wouldreport the $5,000 amount currentlyoutstanding in part II, item 7.c,column B.

(10) The bank has granted a$150,000 line of credit to a farmerthat is not secured by real estate.The farmer has received advancestwice under this line of credit and,rather than having signed a singlenote for the entire $150,000 amountof the line of credit, has signedseparate notes for each advance.One note is in the original amount of$30,000 and the other is in theoriginal amount of $50,000. Thecarrying values of the two notes onthe June 30 report date are thesame as their original amounts andthese amounts are included inSchedule RC-C, part I, item 3. Forloans drawn down under lines ofcredit, the original amount of theloan is the size of the line of creditwhen it was most recently approved,extended, or renewed prior to thereport date. In this case, the line ofcredit was most recently approvedfor $150,000.

Case I: The bank’s loan system canprovide aggregate individualborrower data for multiple advancesunder lines of credit without undue



cost to the reporting institution.Thus, even though a separate notewas signed each time the farmerborrowed under the line of credit, theloan system combines all informationabout the farmer’s separateborrowings under the line of credit.Therefore, the loan system indicatesthat the farmer has a line of credit for$150,000 and that the amountcurrently outstanding under the lineof credit for the combined carryingvalues of the two borrowings underthe line of credit is $80,000. Because

the line of credit was most recentlyapproved for $150,000, this$150,000 original amount for the lineof credit would be considered a “loanto a small farm” that would bereported in Schedule RC-C, part II.Therefore, the original amount of theline of credit falls within the morethan $100,000 through $250,000range and the bank would report the$80,000 combined total of theamounts currently outstanding forthe two notes in part II, item 8.b,column B, and count these two notes

to the farmer under the line of creditas one loan for purposes of part II,item 8.b, column A.

Case II: The bank’s loan systemcannot provide aggregate individualborrower data for lines of creditwithout undue cost to the reportinginstitution. Therefore, the farmer’stwo notes under the line of creditwould be treated as separate loansfor purposes of Schedule RC-C, partII. The original amount of the line ofcredit is $150,000 and each of thetwo notes would be considered a“loan to a small farm” that would bereported in Schedule RC-C, part II.Because each of the two notesindicates that it is part of a $150,000line of credit and the $150,000original amount of the line of creditfalls within the more than $100,000through $250,000 range, the bankwould report both the $30,000 and$50,000 amounts currentlyoutstanding in part II, item 8.b,column B, and count these as twoloans for purposes of part II, item8.b, column A.

(11) The bank has one other “Loanto finance agricultural productionand other loans to a farmer” whichhas a carrying value on the June 30report date of $75,000 and thisamount is included in Schedule RC-C, part I, item 3. The bank made thisloan to the borrower in the originalamount of $100,000, so it would beconsidered a “loan to a small farm”and would be reported in ScheduleRC-C, part II. Because the originalamount of the loan is exactly$100,000 which is the upper end ofthe $100,000 or less range, thebank would report the $75,000amount currently outstanding in partII, item 8.a, column B.



(Column B)Amount

CurrentlyOutstanding

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

1.

◄

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 LoansDollar 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):



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



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

CurrentlyOutstanding

RCON 0000

RCON 0000

RCON 0000

RCON 0000

RCON 5576

RCON 0000

RCON 0000

RCON 0000

RCON 5577

5. 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 LoansDollar 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):



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):



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

Schedule RC-C—Continued

Part II. Continued


Appendix C—Thrift FinancialReportInstructionManualand Form

Loansto Small Businessesand Small FarmsThe following data is to becompleted for the savingsassociation and its consolidatedsubsidiaries annually at June 30 tocomply with Section 122 of the FDICImprovement Act.

This schedule will not be completedif (a) the reporting association and itsconsolidated subsidiaries have noloans reported on SC260, 300, 303,or 306; or (b) the only business loansof the reporting association and itsconsolidated subsidiaries have“original amounts” (as defined below)in excess of $1 million and/or theonly farm loans have “originalamounts” (as defined below) inexcess of $500 thousand.

In reporting the number and amountcurrently outstanding of businessloans with “original amounts” of $1million or less and farm loans with“original amounts” of $500 thousandor less, the following guidelinesshould be used:

1. For loans drawn down underlines of credit or loan commit-ments, the “original amount” ofthe loan is the amount when theline of credit or loan commitmentwas most recently approved,extended, or renewed prior to thereport date. However, if theamount currently outstanding asof the report date exceeds thissize, the “original amount” is theamount currently outstanding.

2. For loan participations andsyndications, the “originalamount” of the loan participationor syndication is the entireamount of the credit originated bythe lead lender.

Schedule SB—Consolidated Small Business Loans

March 1998

3. For all other loans, the “originalamount” is the total amount of theloan at origination or the amountcurrently outstanding as of thereport date, whichever is larger.

The “amount outstanding” is theamount reported on Schedule SC asof the report date and should bereported net of loans in process,specific valuation allowances, andyield adjustments (to the extentpossible).

Report the actual number of loans.Do not round to the nearestthousand.

Do not include loans to subsidiarieseliminated in consolidation.

Except as noted below for“corporate” or “business” credit cardprograms, when determining“original amounts” and reporting thenumber and amount currentlyoutstanding for a category of loansin this schedule, multiple loans toone borrower should be combinedand reported on an aggregatebasis rather than as separateindividual loans, to the extent thatthe loan systems in which thereported data are maintained canprovide aggregate individualborrower data without undue cost tothe association. However, if theburden of such aggregation wouldbe excessive, the association mayreport multiple loans to oneborrower as separate indvidualloans.

An association that offers“corporate” or “business” credit cardprograms under which credit cardsare issued to one or more of acompany’s employees for business-related use should treat eachcompany’s entire credit card

Appendix C—Thrift Financial Report Instruction Manual and Form


program as a single extension ofcredit. The credit limits for all of theindividual credit cards issued to thecompany’s employees should betotaled, and this total should betreated as the “original amount” ofthe “corporate” or “business” creditcard program established for thiscompany. The company’s programshould be reported as one loan andthe amount currently outstandingwould be the sum of the credit cardbalances as of the June 30 reportdate on each of the individual creditcards issued to the company’semployees. However, whenaggregated data for each individualcompany is a “corporate” or“business” credit card program arenot readily determinable from theassociation’s credit card records, theassociation should developreasonable estimates of the numberof “corporate” or “business” creditcard programs in existence as of thereport date, the “original amounts” ofthese programs, and the “amountscurrently outstanding” of theseprograms and should then reportinformation about these programson the basis of its reasonableestimates. In no case shouldindividual credit cards issued to acompany’s employees under a“corporate” or “business” credit cardprogram be reported as separateindividual loans to small businesses.

SB100:Does the reporting associationhave any loans secured primarilyby farms reported on SC260 orany loans to finance agriculturalproduction or other loans tofarmers reported on SC300, 303,or 306?

This question should be answered“Yes” only if the agricultural and farmloans had original amounts, asdefined above, of $500 thousand orless.

If yes, complete lines 300 through650 (do not complete 110 through210). If no, complete the followingitem, 110.

SB110:Are all or substantially all of theassociation’s commercial loans(Schedule SC lines 260, 300, 303,and 306) loans with originalamounts of $100,000 or less?

If (a) the average size of the amountcurrently outstanding for yourassociation’s commercial, nonfarmloans reported on Schedule SClines 260, 300, 303, and 306 is $100thousand or less and (b) yourlending officers’ knowledge of yourassociation’s loans or other relevantinformation pertaining to commercialloans indicates that all orsubstantially all of the dollar volumeof your association’s commercial

loans have “original amounts” (asdescribed above) of $100 thousandor less, indicate “yes” and completethe following lines, 200 and 210,only. Otherwise, indicate “no” andcomplete lines 300 through 450.

SB200:Number of loans reported on lineSC260

Report the actual number (do notround to thousands) of loansreported on SC260 (PermanentMortgages on NonresidentialProperty). This line is onlycompleted if line 100 is “no” and 110is “yes”; i.e., all of the loans reportedon SC260, 300, 303, and 306 arenonfarm loans and substantially allof the “original amounts” of the loansare $100 thousand or less.

SB210:Number of loans reported onSC300, 303, and 306

Report the actual number (do notround to thousands) of loansreported on SC300, 303, and 306(Nonmortgage Commercial Loans).This line is only completed if line100 is “no” and 110 is “yes”; i.e., allof the loans reported on SC260,300, 303, and 306 are nonfarmloans and substantially all of the“original amounts” of the loans are$100 thousand or less.

Number and Amount Outstanding of Permanent Mortgage LoansSecured by Nonfarm, Nonresidential PropertiesReported on SC260

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

SB300: $100,000 or less SB310: $100,000 or lessSB320: Greater than $100,000 thru $250,000 SB330: Greater than $100,000 thru $250,000SB340: Greater than $250,000 thru $1 million SB350: Greater than $250,000 thru $1 million



Number and Amount Outstanding of Nonmortgage, Nonagricultural Commercial LoansReported on SC300, 303, and 306


SB400: $100,000 or less SB410: $100,000 or lessSB420: Greater than $100,000 thru $250,000 SB430: Greater than $100,000 thru $250,000SB440: Greater than $250,000 thru $1 million SB450: Greater than $250,000 thru $1 million

Number and Amount Outstanding of Loans Secured Primarily by FarmsReported on SC260


SB500: $100,000 or less SB510: $100,000 or lessSB520: Greater than $100,000 thru $250,000 SB530: Greater than $100,000 thru $250,000SB540: Greater than $250,000 thru $500,000 SB550: Greater than $250,000 thru $500,000

Number and Amount Outstanding of Nonmortgage, Commercial Loansto Finance Agricultural Production and Other Nonmortgage Commercial Loans to FarmersReported on SC300, 303, and 306


SB600: $100,000 or less SB610: $100,000 or lessSB620: Greater than $100,000 thru $250,000 SB630: Greater than $100,000 thru $250,000SB640: Greater than $250,000 thru $500,000 SB650: Greater than $250,000 thru $500,000



Office of Thrift Supervision2000 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

Actual Number

The following data is to be completed annually at June 30 to comply with Section 122of 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 farmersreported 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 300through 450, only.

Number of loans reported on lines:SC260................................................................................................................................................................................................

SC300, 303, and 306...............................................................................................................................................................

Number and amount outstanding of permanent mortgageloans secured by nonfarm, nonresidential propertiesreported 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 $250,000 thru $1 million........................................................

Number and amount outstanding of loans secured primarilyby farms reported on SC260:With original amounts of:

$100,000 or less.......................................................................................................



Number and amount outstanding of nonmortgage,commercial loans to finance agricultural production andother nonmortgage commercial loans to farmers reported onSC300, 303, and 306:With original amounts of:

$100,000 or less.......................................................................................................



Number of LoansOutstanding

Balance

Yes No


Appendix D—U.S. CensusBureauRegional Offices

For census information, contact aregional office of the Bureau of theCensus as indicated below. The listshows the states covered by eachregional office.

Atlanta

(404) 730-3832

Alabama, Florida, Georgia

Boston

(617) 424-0500

Connecticut, Massachusetts, Maine,New Hampshire, New York(excluding New York City andNassau, Rockland, Suffolk, andWestchester counties), Puerto Rico,Rhode Island, Vermont

Charlotte

(704) 344-6142

Kentucky, North Carolina, SouthCarolina, 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, LosAngeles, Madera, Mariposa, Merced,Monterey, Orange, Riverside, SanBernardino, 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 andNassau, Rockland, Suffolk, andWestchester counties)

Philadelphia

(215) 656-7550

District of Columbia, Delaware,Maryland, New Jersey (all countiesexcept those listed under New York),Pennsylvania

Seattle

(206) 553-5837

Alaska, Northern California (allcounties except those listed underLos Angeles), Idaho, Oregon,Washington

To place an order for anycensus product, contact:

Customer Services CenterBureau of the CensusWashington, DC 20233

(301) 457-4100

For the FIPS PUB 8-5,containing information aboutMSAs, contact:

National Technical InformationService

U.S. Department of Commerce5285 Port Royal RoadSpringfield, VA 22161

(703) 487-4650

CRA Guide to Data Reporting and Collection

Documents

Transcript of CRA Guide to Data Reporting and Collection