The State Community Development Funding Benchmark measures the greenback volume of Neighborhood enhancement loans and Neighborhood advancement investments that profit or provide all or Section of a Point out for all large depository institutions in comparison with deposits located in the State for all substantial depository establishments, calculated pursuant to paragraph II.e of appendix B to this portion.
(one) A nonmetropolitan Center-earnings census tract is specified as distressed if it is inside of a county that meets a number of of the next requirements:
The Board fees the effectiveness of the intermediate lender evaluated less than this part as delivered in appendix D to this element.
(iii) An inventory showing Each and every census tract where the lender described a little enterprise loan or a small farm loan;
If a financial institution recognized once-a-year measurable aims and would not meet a number of of its satisfactory targets, the Board will contemplate the following variables to ascertain the effect on a lender's CRA functionality analysis:
(ii) In the prior two calendar several years, the lender originated or bought outdoors the financial institution's facility-primarily based assessment spots over fifty per cent of the lender's residence house loan loans, multifamily loans, tiny small business loans, compact farm loans, and auto loans if auto loans are an item line for your lender, as explained in paragraph II.a.two of appendix A to this element.
Opinions or questions on document material can't be answered by OFR personnel. You should tend not to deliver private info or private information.
For a big financial institution needed to report house mortgage loan loan data pursuant to 12 CFR element 1003, the Board will publish within the Board's Web-site the data demanded by paragraph (j)(two) of this area in regards to the distribution of a giant financial institution's originations and purposes of house home loan loans by borrower or applicant revenue degree, race, and ethnicity in Just about every on the lender's facility-centered evaluation spots, and as relevant, its retail lending assessment areas. This information and facts is printed on a yearly basis based on knowledge claimed pursuant to twelve CFR section 1003.
The Board assigns conclusions to a sizable financial institution's or limited function lender's performance to the applicable exams described in paragraph (a) of the area pursuant to § 228.28 and 228 loan appendix C to this component. The Board assigns conclusions to a little bank's or intermediate lender's functionality about the applicable exams explained in paragraph (a) of the part pursuant to § 228.
signifies a shut-stop home mortgage loan loan or an open-close house mortgage loan as these terms are defined On this part.
For each of the massive financial institution's facility-centered assessment locations, and as applicable, its retail lending evaluation spots, the Board publishes on the Board's website:
(four) The selection and dollar volume of Neighborhood development loans and Local community enhancement investments claimed as originated or obtained within Every single facility-primarily based evaluation spot, Each individual Point out where the financial institution incorporates a department, Each individual multistate MSA during which a lender provides a branch in two or even more States on the multistate MSA, and nationwide spot outside of these States and multistate MSAs.
A bank should sustain a community file, in either paper or electronic format, that includes the following details:
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