Small Institutions | Performance Criteria | Distribution of Credit Within the Assessment Area(s)
Distribution of Credit Within the Assessment Area(s) 1 – Determine whether the number and income distribution of geographies in the assessment area(s) are sufficient for a meaningful analysis of the geographic distribution of the institution’s loans in its assessment area(s). 2 – If a geographic distribution analysis of the institution’s loans would be meaningful and…
Small Institutions | Performance Criteria Review of Complaints
Review of Complaints 1 – Review all complaints relating to the institution’s CRA performance received by the institution (these should all be contained in the institution’s public file) and those that were received by its supervisory agency. 2 – If there were any complaints, evaluate the institution’s record of taking action, if warranted, in response…
Small Institutions | Performance Criteria | Investments and Services
Investments and Services (at the institution’s option to enhance a “Satisfactory” rating) 1 – If the institution chooses, review its performance in making qualified investments and providing branches and other services and delivery systems that enhance credit availability in its assessment area(s). Performance with respect to qualified investments and services may be used to enhance…
Small Institutions | Performance Criteria | Ratings
Ratings 1 – Group the analyses of the assessment areas examined by MSA[1] and nonmetropolitan areas within each state where the institution has branches. If an institution has branches in two or more states of a multi-state MSA, group the assessment areas that are in that MSA. 2 – Summarize conclusions about the institution’s performance…
Small Institutions | Performance Criteria | Public File Checklist
Public File Checklist 1 – There is no need to review each branch or each complete public file during every examination. In determining the extent to which the institution’s public files should be reviewed, consider the institution’s record of compliance with the public file requirements in previous examinations, its branching structure and changes to it…
Small Institutions | CRA Ratings Matrix
CHARACTERISTIC OUTSTANDING SATISFACTORY NEEDS TO IMPROVE SUBSTANTIAL NONCOMPLIANCE Loan-to-deposit ratio The loan-to-deposit ratio is more than reasonable (considering seasonal variations and taking into account lending related activities) given the institution’s size, financial condition, and assessment area credit needs. The loan-to-deposit ratio is reasonable (considering seasonal variations…
Wholesale or Limited Purpose Institutions | Examination Scope
1. For institutions with more than one assessment area, identify assessment areas for full scope review. In making those selections, review prior performance evaluations, available community contact materials, reported lending data and demographic data on each assessment area and consider factors such as: a. The lending, investment, and service activity in the different assessment areas,…
Wholesale or Limited Purpose Institutions | Performance Context
1. Review standardized worksheets and other agency information sources to obtain relevant demographic, economic, and loan data, to the extent available, for each assessment area under review. Consider, among other things, whether housing costs are particularly high in relation to area median income. 2. Consider any information the institution may provide on its local community…
Wholesale or Limited Purpose Institutions | Assessment Area
1. Review the institution’s stated assessment area(s) to ensure that it: a. Consists of one or more MSAs/MDs or contiguous political subdivisions (i.e., counties, cities, or towns) where the institution has its main office, branches, and deposit-taking ATMs; b. Consists only of whole census tracts; c. Consists of separate delineations for areas that extend substantially…
Wholesale or Limited Purpose Institutions | Community Development Test
1. Identify the number and amount of the institution’s community development loans, (originations and purchases of loans and any other data the institution chooses to provide), qualified investments, and community development services. Obtain this information through discussions with management, HMDA data collected by the institution, as applicable; investment portfolios; any other relevant financial records; and…