A Guide to CRA Data Collection and Reporting

Federal Financial Institutions Examination Council

January 2001 This user’s guide was prepared by

CRA/HMDA Systems Information Technology Board of Governors of the Federal Reserve System

for the Federal Financial Institutions Examination Council

A Guide to CRA Data Collection and Reporting 2 Contents Foreword 4 Executive Summary: Compliance Responsibilities 5 Purpose of CRA 5 Who Must Report 5 When to Report 5 Reporting Requirements 6 File Specifications and Edit Validations 6 Collecting the Data 8 Composite Loan Data 8 Other Loan Data 14 Consumer Loans 14 Reporting the Data 16 Reporting Tools 16 Internet Resources 19 Data Automation Cycle 19 Public Availability of Data 22 Glossary 23 Appendix A— Regulation BB: Community Reinvestment 26 Appendix B— Schedule RC-C, Part II. Loans to Small Businesses and Small Farms 46 General Instructions 46 Loans to Small Businesses 49 Agricultural Loans to Small Farms 52 Examples of Reporting in Schedule RC-C, Part II 54 Appendix C— Thrift Financial Report Instruction Manual and Form 60 Loans to Small Businesses and Small Farms 60 Appendix D— U.S. Bureau of the Census Regional Offices 64

A Guide to CRA Data Collection and Reporting 3 Foreword

In response to numerous Users of this guide should be requests and inquiries, the aware of its limitations. It Federal Financial Institutions relates only to the collection, Examination Council (FFIEC) maintenance, and reporting of has developed this guide for small-business and small-farm Community Reinvestment Act loan data and to the collection, (CRA) data reporters. Data maintenance, and reporting collection, maintenance, and (as applicable) of other loan reporting are important data (except data on home aspects of large-institution mortgage loans) that may be evaluations under CRA. This considered during CRA guide can be used as a evaluations. Although this resource when collecting and guide addresses many issues maintaining data, creating a relating to these matters, new submission, and posting issues arise often; they should lending data in the CRA public be directed to the CRA file. It is designed to reduce Assistance Line at (202) 872- burden on the approximately 7584 or [email protected]. 2,000 financial institutions Use of this guide is not a subject to the reporting substitute for familiarity with requirements of the CRA the CRA regulations and the regulations. interagency questions and answers (Qs&As) that inter- pret those regulations. The regulations and Qs&As may be revised from time to time, and you should consult them to determine whether this edition of the guide reflects the most recent revisions. Both are available on the FFIEC’s Internet site at www.ffiec.gov/cra.

A Guide to CRA Data Collection and Reporting 4 Executive Purpose of CRA option for institutions with approved strategic plans. Summary: The Community Reinvestment Act of Compliance 1977 (CRA) is implemented by The Consumer Compliance Task Responsibilities regulations of the Office of the Force of the FFIEC promotes Comptroller of the Currency (OCC), consistency in the implementation of the Board of Governors of the the CRA regulations by periodically Federal Reserve System (Board), publishing interagency Qs&As and the Federal Deposit Insurance examination procedures and by Corporation (FDIC), and the Office of facilitating uniform data reporting. Thrift Supervision (OTS) (collectively, the agencies) in 12 CFR parts 25, 228, 345, and 563e. Who Must Report The CRA regulations require that All state member banks, state information on business, farm, and nonmember banks, national banks, community development lending by and savings associations that are not large insured depository institutions small or special-purpose institutions be made available to the public. are subject to the data collection and reporting requirements of the CRA. CRA directs the agencies to For the purpose of collecting and encourage insured depository reporting small business and small- institutions to help meet the credit farm loan data, a small institution is a needs of the communities in which bank or thrift that, as of December 31 they are chartered. CRA does not of either of the prior two calendar prohibit any activity, nor is it intended years, had total assets of less than to encourage unsafe or unsound $250 million and was independent or practices or the allocation of credit. an affiliate of a holding company that, as of December 31 of either of CRA requires that each insured the prior two calendar years, had depository institution’s record in total banking and thrift assets of less helping to meet the credit needs of than $1 billion. Institutions that are its entire community, including low- not small are considered large and moderate-income neighbor- institutions (see the glossary, hoods, be assessed periodically. beginning on page 23, for That record is taken into account definitions). when considering an institution’s applications for deposit facilities, including mergers and acquisitions. When to Report

The CRA regulations contain Data for a given year must be different evaluation methods for submitted to the Board, the different types of institutions: the designated processor for all of the lending, investment, and service agencies, by March 1 of the following tests for large retail institutions; the year. community development test for wholesale or limited-purpose Merging Institutions institutions; the streamlined performance standards for small Following are three scenarios institutions; and the strategic-plan describing data collection and

A Guide to CRA Data Collection and Reporting 5 Executive Summary: Compliance Responsibilities reporting responsibilities for the Institutions Reporting calendar year of a merger and for with No Small-Business subsequent years. or Small-Farm Loans Requirements An institution that has not purchased At a minimum, institutions must Scenario One or originated any small-business or submit, in electronic format: small-farm loans during the reporting Two institutions are exempt from · a transmittal sheet, period would not submit the CRA collection and reporting · a definition of its assessment composite loan records for small- requirements because of asset size. area(s), business or small-farm loans. The institutions merge. No data · a record of its community However, all institutions subject to collection is required for the year in development (CD) loans. (If an data reporting requirements must which the merger takes place, institution does not have CD loans submit the information discussed regardless of the resulting asset to report, the record should be sent below under “Reporting size. Data collection would begin with “0” in the CD loan composite Requirements.” after two consecutive years in which data fields); and the combined institution had year- · Lenders Covered by Home information on small-business and end assets of at least $250 million or Mortgage Disclosure Act small-farm loans, if applicable was part of a holding company that CRA data are aggregated on the had year-end banking and thrift If an institution is not required to assets of at least $1 billion. collect home mortgage loan data by census tract level, and each tract the Home Mortgage Disclosure Act represents one record in an entire data submission. For example: Scenario Two (HMDA), it need not collect home mortgage loan data under the CRA. · Six different small-business loans Institution A, an institution required Examiners will sample an institu- made in the same census tract to collect and report data, and tion’s home mortgage loans to would count as one composite Institution B, an exempt institution, evaluate its home mortgage lending. record. merge. Institution A is the surviving If an institution wants to ensure that · Six different small-farm loans, institution. For the year of the examiners consider all of its home three in one census tract and three merger, data collection is required mortgage loans, it may collect and in another, would count as two for Institution A’s transactions. Data maintain data on these loans. composite records. collection is optional for the transactions of the previously Modification, extension and exempt institution. For the following consolidation agreements (MECAs) File Specifications are transactions in which an year, all transactions of the surviving and Edit Validations institution must be collected and institution obtains loans from another institution without actually reported. The FFIEC makes available free purchasing or refinancing the loans. CRA data preparation software to In some states, MECAs, which are Scenario Three any institution that wishes to use it. not considered loan refinancings The software includes some basic Two institutions, each of which is because the existing loan analytical reports regarding an required to collect and report the obligations are not satisfied and institution’s data. To obtain a copy of data, merge. Data collection is replaced, are common. Although the latest version of the software, required for the entire year of the these transactions are not contact the CRA Assistance Line at merger and for subsequent years, so considered to be purchases or (202) 872-7584. long as the surviving institution is not refinancings, as those terms have exempt. The surviving institution been interpreted under CRA, they If an institution finds that the may file either a consolidated do achieve the same results. An FFIEC’s software does not meet its submission or separate submissions institution may present information needs, it may create a data for the year of the merger but must about its MECA activities to submission using the File file a consolidated report for examiners for consideration under Specifications and Edit Validation subsequent years. the lending test as “other loan data.” Rules that have been set forth to

A Guide to CRA Data Collection and Reporting 6 Executive Summary: Compliance Responsibilities

assist with electronic data submissions. For information about Syntactical (S) — Records that contain errors that may prevent them specific electronic formatting proce- from being uploaded to the FFIEC database. These errors range from dures, contact the CRA Assistance incorrect activity years to duplicate property locations, which indicate that Line at (202) 872-7584 or click on the property combination for that record identifier was used more than “How to File” at www.ffiec.gov/cra. once. These records will not be reflected in your disclosure statement until the appropriate corrections have been made. File Specifications Validity (V) — Records containing incorrect information. The most Institutions that develop their own common validity errors are incorrect census tract/BNA numbers. These programs must follow the precise records will not be reflected in your disclosure statement until the format laid out in the CRA File appropriate corrections have been made. Specifications. This file format should be incorporated into an Quality (Q) — Loan information that, while it may pass all syntactical and automated system to ensure an validity edits, is nevertheless statistically unusual and is subject to further error-free data submission. investigation or review to confirm correctness. For a majority of the quality edits, if the data are correct, no changes are necessary and the data will Edit Validation Rules be reflected. When an institution chooses to create an electronic data submission, it must edit its data using the CRA Edit Validation Rules. These rules are designed to ensure data integrity and to prevent errors. CRA edit validations are divided into three edit types: syntactical, validity, and quality. Each type corresponds to errors of a different degree of severity, and each must be thoroughly understood to ensure that the data are accurate and complete.

A Guide to CRA Data Collection and Reporting 7 Collecting the Composite Loan include the geographies in which its main office, branches, and deposit- Data Data taking ATMs are located as well as Transmittal Sheet the surrounding geographies in which it has originated or purchased The transmittal sheet is used to a substantial portion of its loans. identify each institution. Institutions Please refer to section __.41 of the are asked to provide a reporter’s regulations and the interagency identification (RID) number. This Qs&As for further guidance, number corresponds to the particularly Q&A __.41(e)(4)–1, certificate number for FDIC- which explains limitations on the supervised institutions, the docket size of assessment areas. number for institutions supervised by the OTS, and the charter number Note: When you are entering for OCC-supervised institutions. If an information about small-business institution is supervised by the and small-farm loans, you need to Board, the Research, Statistics, provide MSA, state, county, and Supervision and Regulation, and tract/BNA information to indicate the Discount and Credit (RSSD) location of the loan. The information Number is used. Board-supervised that you provide in the loan data institutions that do not know their entry screens is not your assess- RSSD numbers should contact ment area(s). This is simply the the CRA Assistance Line at (202) loan’s location. 872-7584 or [email protected] to Assessment Area(s) Reporting obtain it. If your assessment area(s) includes The transmittal sheet provides an entire MSA, you should report: valuable institution and contact information. It is important that the institution’s name, contact name, Census Include/ Tract/ address, phone number, and fax Exclude MSA State County BNA number be correct since all future + 0520 NA NA NA correspondence will be based on that information. Because area If your assessment area(s) includes codes are subject to change, it is an MSA less one county, you should important to review phone and fax report: numbers for accuracy before data submission. Census Include/ Tract/ Exclude MSA State County BNA Assessment Area(s) Delineation + 0520 NA NA NA - 0520 NA 151 NA For institutions other than those designated as wholesale or limited- If your assessment area(s) includes purpose (see the glossary), or consists of an entire county, you assessment areas must consist should report: generally of one or more metro- politan statistical areas (MSAs) or Census Include/ Tract/ one or more contiguous political Exclude MSA State County BNA subdivisions such as counties, cities, or towns. An institution must + 0520 13 089 NA

A Guide to CRA Data Collection and Reporting 8 Collecting the Data

For more assessment area(s) regarding the community develop- meaning given to that term in 12 delineation examples, please refer ment purpose and location of the U.S.C. 1841(a)(2), and a company is to the CRA Edits, which can be community development loans that under common control with another found at www.ffiec.gov/cra/ they report at the time of their company if both companies are edits.htm. examination. directly or indirectly controlled by the same company. Community Development Note: If an institution is not a Loans wholesale or limited-purpose An institution is not required to institution, it cannot designate a loan collect information on affiliate loans. Institutions subject to data reporting as a community development loan if However, an institution that elects to requirements must report the the loan has already been reported have its regulator consider loans by aggregate number and amount of or collected by the institution or an an affiliate, for purposes of the community development loans affiliate as a small-business, small- lending or community development originated or purchased during the farm, consumer, or home mortgage test or an approved strategic plan, prior calendar year. loan (except in the case of a must collect, maintain, and report for those loans the data that the A community development loan has multifamily dwelling loan, which may institution would have collected, community development as its be considered a community maintained, and reported had the primary purpose. As defined in the development loan as well as a home loans been originated or purchased regulations, “community develop- mortgage loan). Further, except for by the institution. ment” means— multifamily affordable housing loans, if a loan meets the definition of a An institution may elect to have only · affordable housing (including small-business, small-farm, a particular category of an affiliate’s multifamily rental housing) for low- consumer, or home mortgage loan, lending considered. The basic or moderate-income individuals; retail institutions must collect and categories of loans are home · community services targeted to report the loan in this manner. Retail mortgage loans, small-business low- or moderate-income institutions may not choose to loans, small-farm loans, community individuals; collect and report it as a community development loans, and the five · activities that promote economic development loan. categories of consumer loans (motor development by financing Primary Purpose vehicle loans, credit card loans, businesses or farms that meet the home equity loans, other secured size eligibility standards of the As long as the primary purpose of loans, and other unsecured loans). Small Business Administration’s the loan is community development, Development Company or Small the full amount of the institution’s Affiliate’s Home Mortgage Business Investment Company loan should be included in its report Lending programs (13 CFR 121.301) or of aggregate community develop- have gross annual revenues of $1 ment lending. A loan has a primary If an institution elects to have an million or less; or purpose of community development affiliate’s home mortgage lending · activities that revitalize or stabilize when it is designed for the express considered in its CRA evaluation and low- or moderate-income purpose of community development. the affiliate is a HMDA reporter, the geographies. Refer to the interagency Qs&As for institution must be prepared to further discussion of primary identify those loans reported by its In addition to having a community purpose, particularly Q&A __.12(i) affiliate under 12 CFR part 203 development purpose, a community and 563e.12(h)–7. (Regulation C, implementing HMDA). development loan must also benefit At its option, the institution may the institution’s assessment area(s) either provide examiners with the Affiliate Loans or a broader statewide or regional affiliate’s entire HMDA disclosure area that includes the institution’s Affiliate means any company that statement or just those portions assessment area(s). Institutions controls, is controlled by, or is under covering the loans in its assessment should be prepared to provide common control with another area(s) that it is electing to have examiners with information company. The term “control” has the considered. If the affiliate is not

A Guide to CRA Data Collection and Reporting 9 Collecting the Data

required by HMDA to report home choose, for purposes of the primarily lends in low- and mortgage loans, the institution must lending test, except that no moderate-income areas or to low- provide sufficient data concerning participant or investor: and moderate-income individuals in the affiliate’s home mortgage loans — may claim a loan origination or order to promote community to enable the examiners to apply the loan purchase if another development, the institution may performance tests. participant or investor claims claim a pro rata share of the CDC’s the same loan origination or loans as community development Constraints on the Consideration purchase; or loans. The institution’s pro rata share of Affiliate Lending — may claim loans accounting for is based on its percentage of equity No affiliate may claim a loan more than its percentage share ownership in the CDC. See Q&A origination or loan purchase if (based on the level of its __.22(d)–1. More information another institution claims the same participation or investment) of concerning consideration of an loan origination or purchase. the total loans originated or equity or equity-type investment However, an institution can count as purchased by the consortium or under the investment test and both a purchase a loan originated by an third party. the lending and investment tests can be found in Q&A __.23(b)–1. affiliate that the institution In some circumstances, an subsequently purchases, or count as institution may invest in a third party, Evaluation of Loans Made an origination a loan later sold to an such as a community development by Consortia or Third Parties affiliate, provided the same loans are bank, that is also an insured under the Lending Test not sold several times to inflate their depository institution and is thus Loans originated or purchased by value for CRA purposes. subject to CRA requirements. consortia in which an institution If an institution elects to have its However, if the financial institution participates or by third parties in supervisory agency consider loans and the third party are not affiliates, which an institution invests will only within a particular lending category the third party may receive be considered if they qualify as made by one or more of the consideration for the community community development loans and institution’s affiliates in a particular development loans it originates, and will be considered only under the assessment area(s), the institution the financial institution that invested community development criterion of must elect to have the agency in the third party may also receive the lending test. However, loans consider all loans within that lending consideration for its pro rata share of originated directly on the books of an category in that particular the same community development institution or purchased by the assessment area(s) made by all of loans under Q&A __.22(d)–3. institution are considered to have the institution’s affiliates. Equity and Equity-Type been made or purchased directly by Investments in a Third Party the institution, even if the institution Consortium/ originated or purchased the loans as Third-Party Loans If an institution has made an equity or equity-type investment in a third a result of its participation in a loan Community development loans party, community development loans consortium. These loans would be originated or purchased by a made by the third party may be considered under the appropriate consortium in which an institution considered under the lending test. lending-test criteria, depending on participates or by a third party in On the other hand, asset-backed and the type of loan. See Q&A which the institution has invested: debt securities that do not represent __.22(d)–2. an equity-type interest in a third party · will be considered, at the institution’s option, if the institution will not be considered under the lending test unless the securities are reports the aggregate number and booked by the purchasing institution aggregate amount of consortium/ as a loan. third party loans originated or purchased; and For example, if an institution · may be allocated among purchases stock in a community participants or investors, as they development corporation (CDC) that

A Guide to CRA Data Collection and Reporting 10 Collecting the Data

Small-Business as those whose original amounts Original Amount and Small-Farm Loans are $500,000 or less and were vs. Purchase Amount The CRA regulations require a large reported as either “Loans to finance When collecting and reporting institution to collect and maintain, in agricultural production and other information on purchased small- electronic format, until the loans to farmers” or “Loans secured business and small-farm loans, an completion of its next CRA by farmland.” institution collects and reports the examination, the following data for The location of a small-business or amount of the loan at origination, each small-business or small-farm small-farm loan must be maintained not at the time of purchase. This is loan originated or purchased by the by census tract or block numbering consistent with the Call Report and institution: area. In addition, supplemental TFR guidelines, which use the “original amount of the loan” to · a unique number or alphanumeric information contained in the file determine (1) whether a loan should symbol that can be used to identify specifications includes a date be reported as a “loan to a small the relevant loan file; associated with the origination or business” or a “loan to a small farm” · the loan amount at origination; purchase and whether the loan was and (2) in which loan-size category a · the loan location; and originated or purchased by an loan should be reported. When · an indicator of whether the loan affiliate. assessing the volume of small- was to a business or farm with It is the original amount of a loan, not business and small-farm loan gross annual revenues of $1 the annual revenue of a business or purchases for purposes of evaluating million or less farm, that determines the lending-test performance under Institutions are required to collect classification of a loan as a small- CRA, however, examiners will and report only those commercial business or small-farm loan. The evaluate an institution’s activity loans that are included in “loans to sections of the Call Report and based on the amounts at purchase. small business,” as defined in the TFR relating to small-business Refinances and Renewals instructions for preparation of the and small-farm loans are included in this guide as Appendices B Consolidated Report of Condition Data collected in 2000 and reported and C. and Income (Schedule RC-C, in 2001. An institution collects and part II, of the Consolidated Report of reports information about Condition and Income (Call Report) Aggregate Reporting refinancings but does not collect and or Schedule SB of the Thrift report information about renewals. A An institution subject to data Financial Report (TFR), as refinancing typically involves the reporting requirements must report applicable). satisfaction of an existing obligation the aggregate number and amount of that is replaced by a new obligation loans for each geography in which it undertaken by the same borrower. “It is the original amount of a originated or purchased a small- When an institution refinances a loan, not the annual revenue business or small-farm loan. Loans loan, it is considered a new of a business or farm, that to businesses and farms are origination, and loan data should be determines the classification reported by origination amounts of of a loan as a small-business collected and reported, if otherwise · or small-farm loan.” $100,000 or less, required. Consistent with HMDA, · more than $100,000 but less than however, if under the original loan or equal to $250,000, and agreement the institution is Small-business loans are defined as · more than $250,000. unconditionally obligated to refinance those whose original amounts are $1 the loan subject to conditions within million or less and that were reported Institutions must also report loans to the borrower’s control, the institution businesses and farms with gross on the institution’s Call Report or should not report these events as TFR as either “Loans secured by annual revenues of $1 million or originations. nonfarm or nonresidential real less, using the revenues that the estate” or “Commercial and industrial institution considered in making its For purposes of CRA data collection loans.” Small-farm loans are defined credit decisions. and reporting requirements, the

A Guide to CRA Data Collection and Reporting 11 Collecting the Data

extension of the maturity of an this example, the institution should Loans to Fisheries existing loan is a renewal and is not report both the $5,000 increase and and Forestries considered a loan origination. the renewal or refinancing of the Instructions for part I of the Call Therefore, institutions should not $15,000 as originations for that year. Report and Schedule SB of the collect and report data on loan However, the institution may report TFR include loans “made for the renewals. the $5,000 increase together with purpose of financing fisheries and Data collected in 2001 and the renewal or refinancing of the forestries, including loans to subsequent years. An institution $15,000 as one origination for that commercial fishermen” as a should collect information about year. component of the definition of small-business and small-farm loans “Loans to finance agricultural that it refinances or renews as loan Lines of Credit production and other loans to farmers.” Part II of Schedule RC-C originations. (A refinancing generally Institutions must collect and report of the Call Report and Schedule occurs when the existing loan data on lines of credit in the same SB of the TFR, which serve as the obligation or note is satisfied and a way that they provide data on loan basis of the definition for small- new note is written, while a renewal originations. Lines of credit are business and small-farm loans in the is an extension of the term of a loan. considered originated at the time the regulation, capture both “Loans to However, for purposes of small- line is approved or increased; and finance agricultural production and business and small-farm CRA data an increase is considered a new other loans to farmers” and “Loans collection and reporting, it is no origination. longer necessary to distinguish secured by farmland.” These loans between the two.) When reporting Generally, the full amount of the are reported as small-business or small-business and small-farm data, credit line is the amount that is small-farm loans. however, an institution may report considered originated. In the case of only one origination (including a an increase to an existing line, the renewal or refinancing treated as an amount of the increase is the Home Equity Lines origination) per loan per year, unless amount that is considered originated of Credit Used Predominantly an increase in the loan amount is and that amount should be reported. for Small-Business Purposes granted. For renewals of line of credit, the Institutions that have chosen to rules are as follows: If an institution increases the report home equity lines of credit under HMDA report only the portion amount of a small-business or Data collected in 2000 and reported small-farm loan when it extends the in 2001. Like loan renewals, of a home equity line used for home improvement purposes. That term of the loan, it should always renewals of lines of credit are not portion of the loan would then be report the amount of the increase as considered loan originations and consid-ered when examiners a small-business or small-farm loan should not be collected or reported. origination. The institution should evaluate home mortgage lending. If report only the amount of the Data collected in 2001 and subse- the line meets the regulatory increase if the original or remaining quent years. Renewals of lines of definition of a “community amount of the loan has already credit for small-business, small-farm, development loan,” the institution been reported one time that year. or consumer purposes should be should collect and report information collected and reported, if appli- on the entire line as a community For example, a financial institution cable, in the same manner as development loan. If the line does makes a term loan for $25,000; renewals of small-business or small- not qualify as a community principal payments have resulted in farm loans (see Q&A __.42(a)–5). development loan, the institution a present outstanding balance of Institutions that are HMDA reporters has the option of collecting and $15,000. In the next year, the continue to collect and report home maintaining (but not reporting) the customer requests an additional equity lines of credit at their option, entire line of credit as “Other $5,000, which is approved, and a in accordance with the requirements secured lines/loans for purposes of new note is written for $20,000. In of 12 CFR part 203. small business.”

A Guide to CRA Data Collection and Reporting 12 Collecting the Data

Credit Cards Issued Gross Annual Revenues of the entity’s parent or a subsidiary to Small Businesses corporation of the parent as well, The regulations do not require then the institution would aggregate If an institution agrees to issue credit institutions to request or consider the revenues of both corporations to cards to a business’s employees, revenue information when making a determine whether the revenues are the institution reports all of the credit loan; however, if institutions do $1 million or less. Alternatively, if the card lines opened on a particular gather this information from their institution considered the revenues date for that single business as one borrowers, they should collect and of only the entity to which the loan is small-business loan origination report the gross annual revenue, actually extended, the institution rather than reporting each individual rather than the adjusted gross should rely solely upon whether credit card line, assuming the annual revenue, of their small- gross annual revenues are above or criteria in the small-business loan business or small-farm borrowers. below $1 million for that entity. definition in the regulation are met. The purpose of small-business and The credit card program’s amount at small-farm data collection is to However, if the institution considered origination is the sum of all of the enable examiners and the public to and relied on revenues or income of employee/business credit cards’ judge whether the institution is a cosigner or guarantor that is not an credit limits opened on a particular lending to small businesses and affiliate of the borrower, such as a date. If subsequently issued credit farms or whether it is only making sole proprietor, it should not adjust cards increase the small-business small loans to larger businesses and the borrower’s revenues for credit line, the added amount is farms. reporting purposes. reported as a new origination. The CRA regulations similarly do For a start-up business, the Lending Outside the United States not require institutions to verify institution should use the actual revenue amounts; thus, institutions gross annual revenue to date An institution may collect data about may rely on the gross annual (including $0 if a new business has small-business and small-farm loans revenue amount provided by had no revenue to date). Although located outside the United States; borrowers in the ordinary course of start-up businesses will provide the however, it cannot report these data business. If an institution does not institution with pro forma projected because the FFIEC CRA data collect gross annual revenue revenue figures, these figures may collection software will not accept information for its small-business not accurately reflect actual gross data concerning loan locations and small-farm borrowers, it would revenue. outside the United States. not indicate on the CRA data collection software that the gross Loan Location Multiple Loan Originations annual revenues of the borrower are to the Same Business Prudent banking practices dictate $1 million or less. The institution that an institution know the location If an institution originates multiple should enter the code indicating of its customers and loan collateral. loans to the same business, the “revenues not known” on the Therefore, institutions typically will loans should be collected and individual loan portion of the data know the actual location of their reported as separate originations collection software or on an borrowers or loan collateral beyond rather than combined and reported internally developed system. an address consisting only of a post as they are on the Call Report or office box. TFR, which reflect loans outstanding, Generally, an institution should rely rather than originations. However, if on the revenues that it considered in Many borrowers have street institutions originate multiple loans to making its credit decision when addresses in addition to post office the same business solely to indicating whether a small-business box numbers or rural route and box artificially inflate the number or or small-farm borrower had gross numbers. Institutions should ask volume of loans evaluated for CRA annual revenues of $1 million or less. their borrowers to provide the street lending performance, the agencies For example, in the case of affiliated address of the main business facility may combine these loans for businesses, such as a parent or farm or the location where the purposes of evaluation under the corporation and its subsidiary, if the loan proceeds otherwise will be CRA. institution considered the revenues applied. Moreover, in many cases in

A Guide to CRA Data Collection and Reporting 13 Collecting the Data

which the borrower’s address free of charge by the FFIEC institution that chooses to collect consists only of a rural route number provides that an institution may and maintain information on or post office box, the institution collect this information to consumer loans collects the gross knows the location (i.e., the census supplement its small-business annual income of all primary tract or block numbering area) of the lending data by choosing the loan obligors for consumer loans, to the borrower or loan collateral. Once the type “Other secured lines/loans for extent that the institution considered institution has this information, it purposes of small business,” in the the income of the obligors when should assign a census tract or individual loan data. (The title of the making the decision to extend credit. block numbering area to that loan type, “Other secured lines of Primary obligors include co- location (geocode) and report that credit for purposes of small applicants and co-borrowers, information as required under the business,” which was found in the including cosigners. An institution regulations. instructions accompanying the 1996 does not, however, collect the data collection software, has been income of guarantors on consumer For loans originated or purchased in changed to “Other secured lines/ loans, because guarantors are only 1998 or later, if the institution cannot loans for purposes of small secondarily liable for the debt. determine the borrower’s street business” in order to accurately address, and does not know the reflect that lines of credit and loans If consumer lending constitutes a census tract or block numbering area may be reported under this loan substantial majority of an institu- it should report the borrower’s state, type.) This information should be tion’s business, its supervisory county, MSA, if applicable, and “NA,” maintained at the institution but agency will evaluate the institution’s for “not available,” in lieu of a census should not be submitted for central consumer lending in one or more of tract or block numbering area code. reporting purposes. the following categories: motor vehicle, credit card, home-equity, Other Loan Data Loan Commitments other secured, and other unsecured and Letters of Credit loans. In addition, at an institution’s Schedule RC-C, part II, of the Call option, its supervisory agency will Institutions are not required to Report and Schedule SB of the evaluate one or more categories of collect data on loan commitments TFR do not allow financial consumer lending, if the institution and letters of credit. They may, institutions to report loans for has collected and maintained, as however, provide for examiner commercial and industrial purposes required in section __.42(c)(1), the consideration information on letters that are secured by residential real data for each category that the of credit and commitments. estate. Loans extended to small institution elects to have its businesses with gross annual supervisory agency evaluate. Commercial revenues of $1 million or less may, and Consumer Leases however, be secured by residential Where an institution collects data for real estate. If these loans promote Commercial and consumer leases loans in a certain category, it must community development, as defined are not considered small-business collect data for all loans originated in the regulations, the institution or small-farm loans or consumer or purchased within that category. should collect and report information loans for purposes of the data The institution must maintain these about these loans as community collection requirements for data separately for each category development loans. Otherwise, at an commercial or consumer loans. for which it chooses to collect data. institution’s option, it may collect and However, if an institution wishes to The data collected and maintained maintain data concerning loans, collect and maintain data about should include for each loan: purchases, and lines of credit leases, it may provide these data to · a unique number or alphanumeric extended to small businesses and examiners as “other loan data.” symbol that can be used to identify secured by residential real estate for the relevant loan file; consideration in the CRA evaluation · the loan amount at origination or of its small-business lending. Consumer Loans purchase; To facilitate this optional data There are no data reporting require- · the loan location; and collection, the software distributed ments for consumer loans. An · the gross annual income of the

A Guide to CRA Data Collection and Reporting 14 Collecting the Data

borrower that the institution underwriting decision in connection The purpose of collecting income considered in making its credit with a consumer loan, the institution data on consumer loans is to enable decision. does not need to collect income examiners to determine the information. On the other hand, if distribution based on borrower Generally, guidance concerning institutions gather this information characteristics, including the collection of data on small-business from their borrowers, the agencies number and amount of consumer and small-farm loans—including, for expect them to collect the borrowers’ loans to low-, moderate-, middle-, example, guidance regarding gross annual income for purposes of and upper-income borrowers, as collecting loan location data and CRA. determined on the basis of gross data in connection with refinanced annual income, particularly in the or renewed loans—will also apply to Further, if the institution routinely institution’s assessment area(s). consumer loans. collects, but does not verify, a An institution can list “0” in the borrower’s income when making a Borrower Income income field on consumer loans credit decision, it need not verify the made to its employees when The CRA does not require income for purposes of data collecting data for CRA purposes, as institutions to request or consider maintenance. Institutions may rely the institution would be permitted to income information when making a on the gross annual income amount do under HMDA. loan. If an institution does not provided by borrowers in the consider income when making an ordinary course of business.

A Guide to CRA Data Collection and Reporting 15 Reporting Reporting Tools state, county, and census tract/BNA codes for street addresses. In the Data FFIEC Data Entry Software addition, some demographic The CRA Data Entry software is information (mainly population and provided free of charge by the income) can be obtained for a FFIEC to help financial institutions particular census tract/BNA. The automate the filing of their CRA Internet address is data. The software includes editing www.ffiec.gov/geocode. and reporting features to help verify, complete, and analyze data. Data Sources of Geographic created using this package can be Information easily exported onto a diskette and The following sources may help you mailed or transmitted by e-mail to report geographic data accurately. the Board. Information about Any institution that is interested in MSA Boundaries receiving a copy of the software may: You can obtain information on current and historical MSA · send a written request to boundaries at www.census.gov by Federal Reserve Board selecting Subjects A–Z, then M, Attn: CRA Processing then Metropolitan Areas, then 1709 New York Avenue, 5th Floor Metropolitan Definitions. Washington, DC 20006 or CRA uses the term MSA— metropolitan statistical area—for · send an e-mail request to MSAs, CMSAs (consolidated [email protected] metropolitan statistical areas), and or PMSAs (primary metropolitan statistical areas). MSAs, CMSAs, · leave a voice-mail request on the and PMSAs are components of CRA Assistance Line at metropolitan areas, or MAs. The (202) 872-7584. Office of Management and Budget, Please be sure to include a contact which defines their geographic name, mailing address, and a phone boundaries, and the Census Bureau number where you may be reached. refer to the generic term MA. The geocoding utility is included in To determine MSA boundaries for this software; the use of this utility by future years, you may need to obtain an institution is optional. If you wish FIPS PUB 8-5, Metropolitan to use it, your institution will be Statistical Areas. Contact: required to purchase the National Technical Information geographical data, which is Services available only on CD-ROM from PCi U.S. Department of Commerce Services, Inc. (PCi), of Boston, Port Royal Road Massachusetts. A PCi Services Springfield, VA 22161 order form can be downloaded from (703) 487-4650 the FFIEC’s CRA website at A list of all valid census tract www.ffiec.gov/cra/softinfo.htm. numbers (and BNA designations) in The FFIEC also has an Internet site each MSA is available for a fee from that allows users to retrieve MSA, the Board’s HMDA Assistance Line

A Guide to CRA Data Collection and Reporting 16 Reporting the Data

at (202) 452-2016. The list will help ensure that you are using only valid census tract numbers; however, the list is not a tool for geocoding your CRA data. The FFIEC Census Data CD-ROM also contains census tract number information as well as other informative census and demographic data. To order this software, contact the HMDA Assistance Line at (202) 452-2016.

Census Bureau Products The following products for deter- mining the correct 1990 census tract number for a given property are Illustration 1: LandView®III available from the Census Bureau.

LandView III Ordering information and a fully Census Tract/Block Numbering Area LandView III is Census Bureau CD- functional copy of the software with Outline Maps ROM desktop mapping software a single county’s map and data (you If you prefer paper maps, you may product. It runs on Windows® 3.1, can specify the county) can be use the 1990 Census Tract/Block Windows 95, Windows 98, Windows downloaded from the Census Numbering Area Outline Maps for 2000, and Macintosh operating Bureau’s website at the counties within the MSAs for systems. LandView III shows a www.census.gov/geo/www/tiger. which you are reporting (see detailed network of roads (containing address information where available), rivers, and railroads, along with jurisdictional and statistical boundaries (including census tracts). The information is based upon the Census Bureau’s TIGER/Line 1995 files, which reflect the street network and address ranges known to the Census Bureau as of the fall of 1995. Besides producing custom map views that display selected user-specified map information (see Illustration 1), LandView also provides the capability of displaying the FIPS state and county codes, census tract or block numbering area codes, and block group codes for any location that a user points to on the map. This product can be ordered from the Census Bureau Customer Service Center. Illustration 2: 1990 Census Tract Outline Map

A Guide to CRA Data Collection and Reporting 17 Reporting the Data

product is now available on TIGER/Census Tract Street Index®—Ver. 2, Part A Fairfax County, VA CD-ROM. From To Street Tract or ZIP 103rd FIPS Street Name Address Address Side BNA Code Area Name Cong. Code Barkley Dr 3100 3699 Both 4401.98 22031 Mantua CDP 11 49144 The TIGER/CTSI Version 2 has Bark Tree Ct 8285 8367 Odd 4924 22153 Lorton CDP 08 47064 Bark Tree Ct 8300 8354 Even 4924 22153 Lorton CDP 08 47064 certain limitations: Barkwood Ct 9500 9599 Both 4405 22032 11 · Barley Rd 3100 3199 Both 4619.98 22031 Oakton CDP 11 58472 Address-range and street Barley Wk 7400 7416 Both 4502 22042 Jefferson CDP 11 40584 information are current through Barlow Rd 900 948 Both 4162 22060 Fort Belvoir CDP 08 29008 Barnack Dr 6700 7021 Both 4314 22152 West Springfield CDP 08 84976 April 1990. This means that Barnacle Pl 7000 7009 Both 4324 22015 Burke CDP 11 11464 addresses or streets added since Barnard Ct 3100 3150 Both 4617.98 22031 Merrifield CDP 11 51192 Barnesdale Path 6300 6536 Even 4911 22020 10 that time are not shown. Barnesdale Path 6301 6533 Odd 4911 22022 10 · Barnesville Rd 13704 13910 Even 4825 22070 10 The index does not contain Barney Rd 3800 3843 Both 4901 22021 10 address-range information for Barnsbury Ct 9900 9939 Both 4619.98 22031 Oakton CDP 11 58472 areas with rural-type addresses (such as RFD addresses). Illustration 3: 1990 TIGER/Census Tract Street Index® The Census Bureau is currently preparing the TIGER/CTSI Version 3 products for public release. These Illustration 2). Besides showing Index (TIGER/CTSI) for the county products will reflect the street numbers for census tracts (and in which the property is located network and address ranges known BNAs) within a particular county, (Illustration 3). to the Census Bureau as of summer these maps display the boundaries of 1997. Check the Census TIGER and names of the features used as The TIGER/CTSI enables you to page, www.census.gov/geo/www/ census tract boundaries and the determine the census tract numbers tiger, for the current status. names of any counties or other for properties that use city-style A special HMDA order form available subdivisions. street addresses. It is arranged by from the Bureau of the Census tells county within each MSA. The The outline maps are sold by the you how to obtain the TIGER/CTSI TIGER/CTSI provides the street Census Bureau’s Customer for selected counties. To obtain the name, including prefix or suffix Services Center in county packages. HMDA order form for the TIGER/ direction (such as “north”) and street On average, there are four map CTSI, the outline maps, and type (such as “street” or “avenue”), sheets per metropolitan county. The LandView III, contact: address range, and corresponding map sheets are oversized—gener- census tract number. Within a Customer Services Center ally 36 by 42 inches—and map Bureau of the Census county, numbered streets (for scales vary to minimize the number Washington, DC 20233 example, 9th, 10th) precede the of map sheets. Maps may include streets listed alphabetically. (301) 457-4100 one or more insets of densely settled areas. To obtain detailed information about The TIGER/CTSI shows the census geographic products: The outline maps do not show tract number for each side of the Geography Division— street and, where applicable, streets, street names, or address Products and Services Staff ranges within a census tract. You will provides the county subdivision Bureau of the Census therefore need to use the maps in (town, township) and place codes for Washington, DC 20233 each street and address range. The combination with up-to-date local (301) 457-1128 street maps available in your local latter may be helpful in determining [email protected] market, and to use a marker pen to the census tract number when highlight on the street map the streets with identical names and You also may contact the Census boundaries of each census tract address ranges are located in Bureau regional office serving your according to the outline map. different parts of the county. (County state as listed in appendix D of this subdivision and place codes and guide. The costs of the census TIGER/Census Tract Street Index® their corresponding names are listed materials will vary, depending on the Use the TIGER/Census Tract Street in the back of TIGER/CTSI.) This size of the county.

A Guide to CRA Data Collection and Reporting 18 Reporting the Data

The Census Bureau is not able to Data submissions should be mailed Institution Register assist in preparing data to meet to: Summary (IRS) Confirmation CRA requirements or in determining Federal Reserve Board the appropriate census tract Attn: CRA Processing If an institution provides an error- numbers for individual addresses. 1709 New York Avenue, 5th Floor free submission, it will receive an Geographic information is available Washington, DC 20006 IRS (see Illustration 5). The IRS is from the FFIEC’s website at Data submitted via e-mail should be used as a final confirmation of the www.ffiec.gov/geocode. encrypted using the FFIEC’s data that have been sent. The Internet Submission Software, which institution’s CRA officer or individual Internet Resources accompanies the FFIEC’s Data responsible for submitting CRA data Entry Software and sent to must sign the form included with the The Census Bureau offers a [email protected]. IRS and fax it to the Board at (202) subscription service that allows 530-6234. After an institution’s data have been users on-line access to information received and loaded, the data are contained in TIGER/CTSI. Institu- Data Resubmission run through a batch process to tions that have an occasional need check for any errors or discrep- Resubmissions are prepared by an to determine tract numbers in parts ancies. The data automation cycle institution if the institution identifies of the country other than where they has three steps that all reporting errors or needs to make changes to primarily do business might be institutions must complete for data that have already been interested in using this service. successful CRA data submission. submitted. If the resubmission is To access this Internet site, enter These steps, described below, are made after the CRA data have been www.census.gov and select edit report review, institution register aggregated and made publicly CenStats Censtore, then summary confirmation, and data available, the institution must send a CenStats, then test drive. The test resubmission. complete resubmission, and should drive page gives basic information state that it is a “complete about the service and has links to Edit Report Review resubmission.” After the receipt of detailed descriptions of TIGER/CTSI the resubmission, new edit or IRS The edit report gives an institution Version 2. The link at the top of each reports will be distributed. an opportunity to verify submitted page gives a sample of the informa- statistics and provides the institution tion you can expect. Automatic Faxback with a listing of errors that were System To obtain more detailed discovered during the editing cycle. demographic information on the Illustration 4 is an example of an edit The CRA data process includes an Internet, you can access census report with errors. Because CRA automatic faxback feature to make data through the FFIEC’s website at submissions are electronically transmission of correspondence http://www.ffiec.gov/webcensus/ based, the institution that submitted simpler and to reduce paper usage. ffieccensus.htm. these data would have to correct its The faxback system uses the fax errors and send a complete number provided by the institution resubmission. The resubmission on its transmittal sheet to send the Data Automation replaces the institution’s previous edit reports, institution register Cycle submission. summary, and any other correspondence. Data must be submitted to the Board, designated processor for all the agencies, no later than March 1.

A Guide to CRA Data Collection and Reporting 19 Reporting the Data Loans <= $1M <= $1M > $250K > $250K $100K to $250K $100K to $250K <= $100K <= $100K 0200.00 Originated: 000001/00000006 000000/00000000 / 0200.00 Originated: 000001/00000017 000000/00000000 / 0500.00 Originated: 000001/00000015 000000/00000000 / 0000.00 190/0060.01 Originated: 000001/00000028 000000/00000000 / 190/0060.01 V310 County is missing or state/county does not equal a valid combination V320 Census Tract-BNA missing or does not = a valid census tract-BNA for the MSA/state/county combo V320 Census Tract-BNA missing or does not = a valid census tract-BNA for the MSA/state/county combo V320 Census Tract-BNA missing or does not = a valid census tract-BNA for the MSA/state/county combo ERROR(S): ERROR(S): ERROR(S): 37/ ERROR(S): MSA/ST/CTY/TR-BNA MSA/ST/CTY/TR-BNA 20XX COMMUNITY REINVESTMENT ACT (CRA) Rundate: 01/28/20XX EDIT REPORT Runtime: 20:00:08 Agency: 1-OCC Region: 2 Respondent ID: 0000063903 Page: 1 CRA COMPLIANCE BANK Contact: JOHN DOE REPORTER Phone: XXX-XXX-XXXX 100 MAIN STREET Fax: XXX-XXX-XXXX ANYWHERE USA 80260-0000 Tax ID: XX-XXXXXXX ———————————— SMALL BUSINESS LOANS - 4 ———————————— Number Loans/Total Loan Amount (000s) Revenues Affiliate 0480/37/021/ 1520/37/119/ 1520/ Purchased: 000000/00000000 / Total(O+P): 000001/00000028 000000/00000000 Purchased: 000000/00000000 / Total(O+P): 000001/00000006 000000/00000000 Purchased: 000000/00000000 / Total(O+P): 000001/00000017 000000/00000000 Purchased: 000000/00000000 / Total(O+P): 000000/00000000 0480/37/021/ Illustration 4: Edit report with errors

A Guide to CRA Data Collection and Reporting 20 Reporting the Data

20XX COMMUNITY REINVESTMENT ACT (CRA) Rundate: 03/18/20XX INSTITUTION REGISTER SUMMARY (IRS) Runtime: 20:01:17 Agency: 2-FRB Region: 5 Respondent ID: 0000891276 Page: 1

FIRST NATIONAL COMPLIANCE Contact: JENNY REGULATOR Phone: XXX-XXX-XXXX 106 S. LAFAYETTE STREET Fax: XXX-XXX-XXXX SOMEWHERE USA 14587 Tax ID: XX-XXXXXXX ______Small Business Small Farm Community Consortium/ Loans Loans Dev. Loans Third Party # of Tracts/BNAs with Loans 29 12

Total # of Loans on File 596 29 3 0 Total Loan Amounts on File (000s) 31640 925 56480 0

Total # of Originated Loans on File 596 29 Total Originated Ln Amounts on File (000s) 31640 925

Total # of Affiliate Loans on File 0 0 0 Total Affiliate Ln Amounts on File (000s) 0 0 0

Small Business or Farm Loans Loans with <= $1 Million in Revenues The Institution Register Number 287 11 Total Loan Amount (000s) 11651 149

Summary (IRS) is used by Small Business or Farm Loans <= $100K Number 522 27 each reporting institution to Total Loan Amount (000s) 11550 687 verify and confirm CRA Small Bus. or Farm Lns > $100K To $250K Number 44 2 statistics. Total Loan Amount (000s) 7284 238 Small Business or Farm Loans > $250K Number 30 0 Total Loan Amount (000s) 12806 0 ______

— ASSESSMENT AREA — Total Number of Assessment Areas 1 Total MSAs in All Assessment Areas 0 Total non-MSA areas by state in All Assessment Areas 1 Total COUNTIES in All Assessment Areas 1 Total TRACTS-BNAS in All Assessment Areas 15

20XX COMMUNITY REINVESTMENT ACT (CRA) Rundate: 03/18/20XX INSTITUTION REGISTER SUMMARY (IRS) Runtime: 20:01:17 Agency: 2-FRB Region: 5 Respondent ID: 0000891276 Page: 2

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

To ensure that your individual disclosure statement and the aggregate reports, represent accurate data, the statistics on the enclosed report(s) should be verified with your institution’s records.

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

1. If you agree with the statistics given on the Institution Register Summary, please complete the following section.

I have verified the accuracy of the statistics with our records and found them to be in agreement.

______Signature Date

2. If there are any discrepancies in the statistics, please fax the corrections to (202) 530-6234. An analyst will be in contact with you in order to resolve these discrepancies. However, if discrepancies are known, a corrected file should be sent to the address listed below:

ATTN: CRA Processing Federal Reserve Board 1709 New York Avenue, NW Fifth Floor Washington, D.C. 20006

Thank you for your prompt attention in this matter.

Illustration 5: Institution Register Summary

A Guide to CRA Data Collection and Reporting 21 Reporting the Data

Public Availability category, for the prior two calendar institution may retain a copy of the years, the number and amount of FFIEC compact disc in its public file. of Data loans: When a consumer requests an · to low-, moderate-, middle-, and institution’s public file, the institution Disclosure Statements upper-income individuals; must be able to print its CRA Institutions that are required to make · located in low-, moderate-, disclosure statement readily from annual public disclosure of their middle-, and upper-income census either the compact disc or a small-business, small-farm, and tracts; and duplicate of the compact disc. community development lending · located inside and outside the If the request is at a branch other activity will receive, by September institution’s assessment area(s). than the main office or the 15, a CD-ROM containing the designated branch office in each Aggregate Tables disclosure statement for that state that holds the complete public institution. The CRA Aggregate and The CRA Aggregate and Disclosure file, the institution should provide the Disclosure CD-ROM contains the CD-ROM provides access to CRA disclosure statement on paper, disclosure statement for that aggregate tables covering the or in another format acceptable to institution and reports for all other lending activity of all institutions the requestor, within five calendar institutions that have reported CRA subject to CRA for each MSA and days. data for that year. Most large non-MSA portion of each state as institutions are required to keep a well as national aggregate tables Aggregate CRA disclosure statement for the covering the lending activity of all and Disclosure two prior calendar years in their institutions nationwide. on the Internet public files. The CRA aggregate and disclosure If a large institution (except one that Aggregate and Disclosure data can be found on the Internet at CD-Rom Provided was small in the prior calendar year) www.ffiec.gov/webcraad/ has elected to have one or more by the FFIEC in the Public File craaggr.htm. categories of its consumer loans considered under the lending test, it Rather than printing a hard copy of must also make available for each the CRA disclosure statement, an

A Guide to CRA Data Collection and Reporting 22 Glossary Affiliate. Any company that controls, consumer loans on which the is controlled by, or is under common bank elects to have its control with another company. The performance assessed). term “control” has the meaning given An assessment area(s) must consist to that term in 12 U.S.C. 1841(a)(2), only of whole geographies, may not and a company is under common reflect illegal discrimination, may not control with another company if both arbitrarily exclude low- or moderate- companies are directly or indirectly income geographies, taking into controlled by the same company. account the institution’s size and financial condition, and may not Area median income. extend substantially beyond a CMSA · The median family income for the boundary or beyond a state MSA, if a person or geography is boundary unless the assessment located in an MSA or area(s) is located in a multistate · the statewide nonmetropolitan MSA. An institution may adjust the median family income, if a person boundaries of its assessment area(s) or geography is located outside an to include only the portion of a MSA. political subdivision that it reasonably can be expected to Assessment area(s). One or more serve. geographic area(s) delineated by an institution and (if delineated in Automated teller machine (ATM). compliance with the regulation) used An automated, unstaffed banking by the regulatory agency in facility owned or operated by, or evaluating the institution’s record of operated exclusively for, the bank at helping to meet the credit needs of which deposits are received, cash its community. The assessment dispersed, or money lent. area(s) for an institution other than a wholesale or limited-purpose institution must: Block numbering area (BNA). The · consist generally of one or more Bureau of Census, in conjunction MSAs (using the MSA boundaries with state agencies, has established that were in effect as of January 1 BNAs as statistical subdivisions of of the calendar year in which the counties in which census tracts have delineation is made) or one or not been established. BNAs are more contiguous political generally identified in census data subdivisions, such as counties, by numbers in the range 9501 to cities, or towns; and 9989.99. (For purposes of the CRA, · include the geographies in which an institution may use BNA or the bank has its main office, its Census Tracts, as both are branches, and its deposit-taking “geographies”). ATMs, as well as the surrounding geographies in which the bank has Branch. A staffed banking facility originated or purchased a authorized as a branch, whether substantial portion of its loans shared or unshared, including, for (including home mortgage loans, example, a minibranch in a grocery small-business and small-farm store or a branch operated in loans, and any other loans the conjunction with any other local bank chooses, such as those business or nonprofit organization.

A Guide to CRA Data Collection and Reporting 23 Glossary

Census tract. A small, relatively collected by the institution or an the other categories of consumer permanent statistical subdivision of affiliate for consideration in the loans a county in a metropolitan area or a institution’s assessment as a selected nonmetropolitan county home mortgage, small-business, Edit report. A report generated by designed to be a relatively homo- small-farm, or consumer loan, the FFIEC and faxed to CRA geneous unit with respect to popula- unless it is a multifamily-dwelling reporters based on their data tion characteristics, economic loan; and submissions. The edit report lists status, and living conditions. Census — benefits the institution’s and describes errors found in the tracts usually contain between 2,500 assessment area(s) or a broader submitted data. and 8,000 inhabitants. Census tract statewide or regional area that Geography. Geography means a numbers generally range from 0001 includes the institution’s census tract or a block numbering through 9499.99 and are unique assessment area(s). area delineated by the United States within a county. Institutions are Bureau of the Census in the most currently required to use census tract Community development service. recent decennial census. numbers from the 1990 census A service that has as its primary series. purpose community development, is Home mortgage loan. A “home related to the provision of financial improvement loan” or a “home CMSA. A consolidated metropolitan services, and has not been purchase loan” as defined in the statistical area as defined by the considered in the evaluation of the Board’s Regulation C (12 CFR part director of the Office of Management institution’s retail banking services. 203), which implements Home and Budget. Mortgage Disclosure Act.

Community development. Consumer loan. A loan to one or Income level. Income levels · affordable housing (including more individuals for household, include: multifamily rental housing) for low- family, or other personal · Low-income, which means an or moderate-income individuals; expenditures. A consumer loan does individual income that is less than · community services targeted to not include a home mortgage, small- 50 percent of the area median low- or moderate-income business, or small-farm loan. income, or a median family income individuals; Consumer loans include the follow- that is less than 50 percent, in the · activities that promote economic ing categories of loans: case of a geography; development by financing · Motor vehicle loan, which is a · Moderate-income, which means an businesses or farms that meet the consumer loan extended for the individual income that is at least 50 size eligibility standards of the purchase of and secured by a percent and less than 80 percent Small Business Administration’s motor vehicle; of the area median income, or a Development Company or Small · Credit card loan, which is a line of median family income that is at Business Investment Company credit for household, family, or least 50 and less than 80 percent, programs (13 CFR 121.301) or other personal expenditures that is in the case of a geography; have gross annual revenues of $1 accessed by a borrower’s use of a · Middle-income, which means an million or less; or credit card; individual income that is at least 80 · activities that revitalize or stabilize · Home equity loan, which is a percent and less than 120 percent low- or moderate-income consumer loan secured by a of the area median income, or a geographies. residence of the borrower; median family income that is at · Other secured consumer loan, least 80 and less than 120 percent, Community development loan. A which is a secured consumer loan in the case of a geography; and loan that: that is not included in one of the · Upper-income, which means an · has as its primary purpose other categories of consumer individual income that is 120 community development; and loans; and percent or more of the area · except in the case of a wholesale · Other unsecured consumer loan, median income, or a median family or limited-purpose institution: which is an unsecured consumer income that is 120 percent or — has not been reported or loan that is not included in one of more, in the case of a geography.

A Guide to CRA Data Collection and Reporting 24 Glossary

Institution Register Summary MSA. A metropolitan statistical area Special-purpose institution. An (IRS). A report generated by the or a primary metropolitan statistical institution that does not perform FFIEC and faxed to CRA reporters area (PMSA) as defined by the commercial or retail banking based on the data they submitted. Director of the Office of services by granting credit to the The first page of the IRS lists the Management and Budget. public in the ordinary course of number and total dollar amounts of business, other than as incident to small-business, small-farm, Qualified investment. A lawful its specialized operations. These community development and investment, deposit, membership institutions include banker’s banks consortium/third party loans in the share, or grant that has as its as defined in 12 USC 24 (Seventh), data submission. If the loan primary purpose community and institutions that engage in only information is correct, CRA reporters development. one or more of the following sign the second page of the IRS and activities: providing cash- fax it to (202) 530-6234. Small institution. An institution that, management controlled- as of December 31 of either of the disbursement services or serving as Large institution. An institution prior two calendar years, had total correspondent institutions, trust other than a small institution. assets of less than $250 million and companies, or clearing agents. Limited-purpose institution. An was independent or an affiliate of a institution that offers only a narrow holding company that, as of Wholesale institution. An institution product line (such as credit card or December 31 of either of the prior that is not in the business of motor vehicle loans) to a regional or two calendar years, had total extending home mortgage, small- broader market and for which a banking and thrift assets of less than business, small-farm, or consumer designation as a limited-purpose $1 billion. loans to retail customers, and for institution from its supervisory which a designation as a wholesale Small-business loan. A loan agency is in effect. institution from its supervisory included in “loans to small agency is in effect. businesses” as defined in the Loan location. instructions in the institution’s · A consumer loan is located in the “Consolidated Report of Condition geography where the borrower and Income” (Call Report) or “Thrift resides. Financial Report” (TFR). · A home mortgage loan is located in the geography where the Small-farm loan. A loan included in property to which the loan relates “loans to small farms” as defined in is located. the instructions in the institution’s · A small-business or small-farm “Consolidated Report of Condition loan is located in the geography and Income” (Call Report) or “Thrift where the main business facility or Financial Report” (TFR). farm is located or where the loan proceeds otherwise will be applied, as indicated by the borrower.

A Guide to CRA Data Collection and Reporting 25 Appendix A— SUBPART A—GENERAL institution, and to take this record into account in the agency’s Regulation BB: SECTION 228.11— evaluation of an application for a Community Authority, Purposes, deposit facility by the institution. This Reinvestment and Scope part is intended to carry out the (a) Authority. The Board of purposes of the CRA by— As amended effective July 1, 1997* Governors of the Federal Reserve (1) establishing the framework System (the Board) issues this part† and criteria by which the Board to implement the Community assesses a bank’s record of Reinvestment Act (12 USC 2901 et helping to meet the credit needs Subpart A—General seq.) (CRA). The regulations of its entire community, including Section comprising this part are issued under low- and moderate-income 228.11 Authority, purposes, and the authority of the CRA and under neighborhoods, consistent with scope the safe and sound operation of 228.12 Definitions the provisions of the United States Code authorizing the Board— the bank; and Subpart B—Standards for (1) to conduct examinations of (2) providing that the Board takes Assessing Performance state-chartered banks that are that record into account in 228.21 Performance tests, considering certain applications. standards, and ratings, in members of the Federal Reserve general System (12 USC 325); 228.22 Lending test (2) to conduct examinations of (c) Scope. 228.23 Investment test bank holding companies and their (1) General. This part applies to 228.24 Service test subsidiaries (12 USC 1844); and all banks except as provided in 228.25 Community development (3) to consider applications for— paragraph (c)(3) of this section. test for wholesale or (2) Foreign bank acquisitions. limited-purpose banks (i) domestic branches by state 228.26 Small-bank performance member banks (12 USC 321); This part also applies to an standards (ii) mergers in which the uninsured state branch (other than 228.27 Strategic plan resulting bank would be a state a limited branch) of a foreign bank 228.28 Assigned ratings member bank (12 USC that results from an acquisition 228.29 Effect of CRA described in section 5(a)(8) of the performance on 1828(c)); International Banking Act of 1978 applications (iii) formations of, acquisitions of banks by, and mergers of, (12 USC 3103(a)(8)). The terms Subpart C—Records, Reporting, bank holding companies (12 “state branch” and “foreign bank” and Disclosure Requirements USC 1842); and have the same meanings as in 228.41 Assessment-area section 1(b) of the International delineation (iv) the acquisition of savings 228.42 Data collection, reporting, associations by bank holding Banking Act of 1978 (12 USC and disclosure companies (12 USC 1843). 3101 et seq.); the term “uninsured 228.43 Content and availability of state branch” means a state public file (b) Purposes. In enacting the CRA, branch the deposits of which are 228.44 Public notice by banks the Congress required each not insured by the Federal 228.45 Publication of planned appropriate federal financial Deposit Insurance Corporation; examination schedule supervisory agency to assess an the term “limited branch” means a Appendix A—Ratings institution’s record of helping to meet state branch that accepts only Appendix B—CRA Notice the credit needs of the local deposits that are permissible for a communities in which the institution corporation organized under is chartered, consistent with the safe * Regulation BB is the Board’s regulation section 25A of the Federal implementing the CRA. The OCC, FDIC, and and sound operation of the Reserve Act (12 USC 611 et OTS have adopted substantially similar seq.). regulations, which appear at 12 CFR parts (3) Certain special-purpose 25, 345, and 563e. The four regulations differ †The words “this part,” as used herein, mean primarily in sections 11 and 29 and in Regulation BB (Code of Federal Regulations, banks. This part does not apply to appendix B. title 12, chapter II, part 228). special-purpose banks that do not

A Guide to CRA Data Collection and Reporting 26 Appendix A—Regulation BB: Community Reinvestment

perform commercial or retail (e) Bank means a state member (2) except in the case of a banking services by granting bank as that term is defined in wholesale or limited-purpose credit to the public in the ordinary section 3(d)(2) of the Federal bank— course of business, other than as Deposit Insurance Act (12 USC (i) has not been reported or incident to their specialized 1813(d)(2)), except as provided in collected by the bank or an operations. These banks include section 228.11(c)(3), and includes an affiliate for consideration in the banker’s banks, as defined in 12 uninsured state branch (other than a bank’s assessment as a home USC 24 (Seventh), and banks that limited branch) of a foreign bank mortgage, small business, engage only in one or more of the described in section 228.11(c)(2). small farm, or consumer loan, following activities: providing unless it is a multifamily (f) Branch means a staffed banking cash-management controlled- dwelling loan (as described in facility approved as a branch, disbursement services or serving appendix A to part 203 of this whether shared or unshared, as correspondent banks, trust chapter); and including, for example, a minibranch companies, or clearing agents. (ii) benefits the bank’s in a grocery store or a branch assessment area(s) or a operated in conjunction with any broader statewide or regional other local business or nonprofit SECTION 228.12— area that includes the bank’s organization. Definitions assessment area(s). (g) CMSA means a consolidated For purposes of this part, the metropolitan statistical area as (j) Community development service following definitions apply: defined by the director of the Office means a service that— (a) Affiliate means any company of Management and Budget. (1) has as its primary purpose that controls, is controlled by, or is community development; under common control with another (h) Community development (2) is related to the provision of company. The term “control” has the means— financial services; and meaning given to that term in 12 (1) affordable housing (including (3) has not been considered in USC 1841(a)(2), and a company is multifamily rental housing) for low- the evaluation of the bank’s retail under common control with another or moderate-income individuals; banking services under section company if both companies are (2) community services targeted 228.24(d). directly or indirectly controlled by the to low- or moderate-income (k) Consumer loan means a loan to same company. individuals; (3) activities that promote one or more individuals for house- (b) Area median income means— economic development by hold, family, or other personal (1) the median family income for financing businesses or farms that expenditures. A consumer loan does the MSA, if a person or geography meet the size eligibility standards not include a home mortgage, small is located in an MSA; or of the Small Business business, or small farm loan. (2) the statewide nonmetropolitan Administration’s Development Consumer loans include the median family income, if a person Company or Small Business following categories of loans: or geography is located outside Investment Company programs (1) Motor vehicle loan, which is a an MSA. (13 CFR 121.301) or have gross consumer loan extended for the purchase of and secured by a (c) Assessment area means a annual revenues of $1 million or motor vehicle; geographic area delineated in less; or (2) Credit card loan, which is a accordance with section 228.41. (4) activities that revitalize or stabilize low- or moderate-income line of credit for household, family, (d) Automated teller machine (ATM) geographies. or other personal expenditures means an automated, unstaffed that is accessed by a borrower’s banking facility owned or operated (i) Community development loan use of a “credit card,” as this term by, or operated exclusively for, the means a loan that— is defined in section 226.2 of this bank at which deposits are received, (1) has as its primary purpose chapter; cash dispersed, or money lent. community development; and (3) Home-equity loan, which is a

A Guide to CRA Data Collection and Reporting 27 Appendix A—Regulation BB: Community Reinvestment

consumer loan secured by a median income, or a median assets of less than $250 million and residence of the borrower; family income that is 120 percent was independent or an affiliate of a (4) Other secured consumer loan, or more, in the case of a holding company that, as of which is a secured consumer loan geography. December 31 of either of the prior that is not included in one of the two calendar years, had total (o) Limited-purpose bank means a other categories of consumer banking and thrift assets of less than bank that offers only a narrow loans; and $1 billion. product line (such as credit card or (5) Other unsecured consumer motor vehicle loans) to a regional or (u) Small-business loan means a loan, which is an unsecured broader market and for which a loan included in “loans to small consumer loan that is not included designation as a limited-purpose businesses” as defined in the in one of the other categories of bank is in effect, in accordance with instructions for preparation of the consumer loans. section 228.25(b). Consolidated Report of Condition (l) Geography means a census tract and Income. (p) Loan location. A loan is located or a block numbering area as follows: (v) Small-farm loan means a loan delineated by the United States (1) a consumer loan is located in included in “loans to small farms” as Bureau of the Census in the most the geography where the borrower defined in the instructions for recent decennial census. resides; preparation of the Consolidated Report of Condition and Income. (m) Home mortgage loan means a (2) a home mortgage loan is located in the geography where “home-improvement loan” or a (w) Wholesale bank means a bank the property to which the loan “home-purchase loan” as defined in that is not in the business of relates is located; and section 203.2 of this chapter. extending home mortgage, small- (3) a small-business or small- business, small-farm, or consumer (n) Income level includes: farm loan is located in the loans to retail customers, and for (1) Low-income, which means an geography where the main which a designation as a wholesale individual income that is less than business facility or farm is located bank is in effect, in accordance with 50 percent of the area median or where the loan proceeds section 228.25(b). income, or a median family otherwise will be applied, as income that is less than 50 indicated by the borrower. percent, in the case of a SUBPART B—STANDARDS (q) Loan production office means a geography. FOR ASSESSING staffed facility, other than a branch, (2) Moderate-income, which PERFORMANCE that is open to the public and that means an individual income that provides lending-related services, is at least 50 percent and less SECTION 228.21— such as loan information and than 80 percent of the area Performance Tests, applications. median income, or a median Standards, and Ratings, in General family income that is at least 50 (r) MSA means a metropolitan and less than 80 percent, in the statistical area or a primary (a) Performance tests and case of a geography. metropolitan statistical area as standards. The Board assesses the (3) Middle-income, which means defined by the director of the Office CRA performance of a bank in an an individual income that is at of Management and Budget. examination as follows: least 80 percent and less than 120 (1) Lending, investment, and (s) Qualified investment means a percent of the area median service tests. The Board applies lawful investment, deposit, income, or a median family the lending, investment, and membership share, or grant that has income that is at least 80 and less service tests, as provided in as its primary purpose community than 120 percent, in the case of a sections 228.22 through 228.24, development. geography. in evaluating the performance of a (4) Upper-income, which means (t) Small bank means a bank that, bank, except as provided in an individual income that is 120 as of December 31 of either of the paragraphs (a)(2), (a)(3), and percent or more of the area prior two calendar years, had total (a)(4) of this section.

A Guide to CRA Data Collection and Reporting 28 Appendix A—Regulation BB: Community Reinvestment

(2) Community development test local, and tribal governments, operations. To the contrary, the for wholesale or limited-purpose economic-development agencies, Board anticipates banks can meet banks. The Board applies the or other sources; the standards of this part with safe community development test for a (3) the bank’s product offerings and sound loans, investments, and wholesale or limited-purpose and business strategy as services on which the banks expect bank, as provided in section determined from data provided by to make a profit. Banks are permitted 228.25, except as provided in the bank; and encouraged to develop and paragraph (a)(4) of this section. (4) institutional capacity and apply flexible underwriting standards (3) Small-bank performance constraints, including the size and for loans that benefit low- or standards. The Board applies the financial condition of the bank, the moderate-income geographies or small-bank performance economic climate (national, individuals, only if consistent with standards as provided in section regional, and local), safety-and- safe and sound operations. 228.26 in evaluating the soundness limitations, and any performance of a small bank or a other factors that significantly bank that was a small bank during affect the bank’s ability to provide SECTION 228.22— the prior calendar year, unless the lending, investments, or services Lending Test bank elects to be assessed as in its assessment area(s); (a) Scope of test. provided in paragraphs (a)(1), (5) the bank’s past performance (1) The lending test evaluates a (a)(2), or (a)(4) of this section. and the performance of similarly bank’s record of helping to meet The bank may elect to be situated lenders; the credit needs of its assessment assessed as provided in (6) the bank’s public file, as area(s) through its lending paragraph (a)(1) of this section described in section 228.43, and activities by considering a bank’s only if it collects and reports the any written comments about the home mortgage, small-business, data required for other banks bank’s CRA performance small-farm, and community under section 228.42. submitted to the bank or the development lending. If consumer (4) Strategic plan. The Board Board; and lending constitutes a substantial evaluates the performance of a (7) any other information deemed majority of a bank’s business, the bank under a strategic plan if the relevent by the Board. Board will evaluate the bank’s bank submits, and the Board consumer lending in one or more approves, a strategic plan as (c) Assigned ratings. The Board of the following categories: motor provided in section 228.27. assigns to a bank one of the following four ratings pursuant to vehicle, credit card, home-equity, (b) Performance context. The Board section 228.28 and appendix A of other secured, and other applies the tests and standards in this part: “outstanding”; “satis- unsecured loans. In addition, at a paragraph (a) of this section and factory”; “needs to improve”; or bank’s option, the Board will also considers whether to approve a “substantial noncompliance” as evaluate one or more categories proposed strategic plan in the provided in 12 USC 2906(b)(2). The of consumer lending, if the bank context of— rating assigned by the Board reflects has collected and maintained, as (1) demographic data on median the bank’s record of helping to meet required in section 228.42(c)(1), income levels, distribution of the credit needs of its entire the data for each category that the household income, nature of community, including low- and bank elects to have the Board housing stock, housing costs, and moderate-income neighborhoods, evaluate. other relevant data pertaining to a consistent with the safe and sound (2) The Board considers bank’s assessment area(s); operation of the bank. originations and purchases of (2) any information about lending, loans. The Board will also investment, and service (d) Safe and sound operations. This consider any other loan data the opportunities in the bank’s part and the CRA do not require a bank may choose to provide, assessment area(s) maintained bank to make loans or investments including data on loans by the bank or obtained from or to provide services that are outstanding, commitments, and community organizations, state, inconsistent with safe and sound letters of credit.

A Guide to CRA Data Collection and Reporting 29 Appendix A—Regulation BB: Community Reinvestment

(3) A bank may ask the Board to characteristics, including the assessment area, the bank consider loans originated or number and amount of— shall elect to have the Board purchased by consortia in which (i) home mortgage loans to consider, in accordance with the bank participates or by third low-, moderate-, middle-, and paragraph (c)(1) of this section, parties in which the bank has upper-income individuals; all the loans within that lending invested only if the loans meet the (ii) small-business and small- category in that particular definition of community farm loans to businesses and assessment area made by all development loans and only in farms with gross annual of the bank’s affiliates. accordance with paragraph (d) of revenues of $1 million or less; (3) The Board does not consider this section. The Board will not (iii) small-business and small- affiliate lending in assessing a consider these loans under any farm loans by loan amount at bank’s performance under criterion of the lending test except origination; and paragraph (b)(2)(i) of this section. the community development (iv) consumer loans, if (d) Lending by a consortium or a lending criterion. applicable, to low-, moderate-, third party. Community development middle-, and upper-income (b) Performance criteria. The Board loans originated or purchased by a individuals; evaluates a bank’s lending consortium in which the bank (4) Community development performance pursuant to the participates or by a third party in lending. The bank’s community following criteria: which the bank has invested— development lending, including (1) Lending activity. The number (1) will be considered, at the the number and amount of and amount of the bank’s home bank’s option, if the bank reports community development loans, mortgage, small-business, small- the data pertaining to these loans and their complexity and farm, and consumer loans, if under section 228.42(b)(2); and innovativeness; and applicable, in the bank’s (2) may be allocated among (5) Innovative or flexible lending assessment area(s); participants or investors, as they practices. The bank’s use of (2) Geographic distribution. The choose, for purposes of the innovative or flexible lending geographic distribution of the lending test, except that no practices in a safe and sound bank’s home mortgage, small- participant or investor— manner to address the credit business, small-farm, and (i) may claim a loan origination needs of low- or moderate-income consumer loans, if applicable, or loan purchase if another individuals or geographies. based on the loan location, participant or investor claims including— (c) Affiliate lending. the same loan origination or (i) the proportion of the bank’s (1) At a bank’s option, the Board purchase; or lending in the bank’s will consider loans by an affiliate (ii) may claim loans accounting assessment area(s); of the bank, if the bank provides for more than its percentage (ii) the dispersion of lending in data on the affiliate’s loans share (based on the level of its the bank’s assessment area(s); pursuant to section 228.42. participation or investment) of and (2) The Board considers affiliate the total loans originated by the (iii) the number and amount of lending subject to the following consortium or third party. loans in low-, moderate-, constraints: (e) Lending-performance rating. The middle-, and upper-income (i) no affiliate may claim a loan Board rates a bank’s lending geographies in the bank’s origination or loan purchase if performance as provided in appendix assessment area(s); another institution claims the A of this part. (3) Borrower characteristics. The same loan origination or distribution, particularly in the purchase; and SECTION 228.23— bank’s assessment area(s), of the (ii) if a bank elects to have the Investment Test bank’s home mortgage, small- Board consider loans within a business, small-farm, and particular lending category (a) Scope of test. The investment consumer loans, if applicable, made by one or more of the test evaluates a bank’s record of based on borrower bank’s affiliates in a particular helping to meet the credit needs of

A Guide to CRA Data Collection and Reporting 30 Appendix A—Regulation BB: Community Reinvestment

its assessment area(s) through performance as provided in appendix (3) the availability and qualified investments that benefit its A of this part. effectiveness of alternate systems assessment area(s) or a broader for delivering retail banking statewide or regional area that services (e.g., ATMs, ATMs not includes the bank’s assessment SECTION 228.24— owned or operated by or area(s). Service Test exclusively for the bank, banking by telephone or computer, loan (b) Exclusion. Activities considered (a) Scope of test. The service test production offices, and bank-at- under the lending or service tests evaluates a bank’s record of helping work or bank-by-mail programs) in may not be considered under the to meet the credit needs of its low- and moderate-income investment test. assessment area(s) by analyzing geographies and to low- and both the availability and effective- moderate-income individuals; and (c) Affiliate investment. At a bank’s ness of a bank’s systems for (4) the range of services provided option, the Board will consider, in its delivering retail banking services and in low-, moderate-, middle-, and assessment of a bank’s investment the extent and innovativeness of its upper-income geographies and performance, a qualified investment community development services. made by an affiliate of the bank, if the degree to which the services the qualified investment is not (b) Area(s) benefitted. Community are tailored to meet the needs of claimed by any other institution. development services must benefit a those geographies. bank’s assessment area(s) or a (d) Disposition of branch premises. broader statewide or regional area (e) Performance criteria— Donating, selling on favorable terms, that includes the bank’s assessment community development services. or making available on a rent-free area(s). The Board evaluates community basis a branch of the bank that is development services pursuant to located in a predominantly minority (c) Affiliate service. At a bank’s the following criteria: neighborhood to a minority option, the Board will consider, in its (1) the extent to which the bank depository institution or women’s assessment of a bank’s service provides community development depository institution (as these terms performance, a community services; and are defined in 12 USC 2907(b)) will development service provided by an (2) the innovativeness and be considered as a qualified affiliate of the bank, if the community responsiveness of community investment. development service is not claimed development services. by any other institution. (e) Performance criteria. The Board (d) Performance criteria—retail (f) Service-performance rating. The evaluates the investment Board rates a bank’s service banking services. The Board performance of a bank pursuant to performance as provided in appendix evaluates the availability and the following criteria: A of this part. effectiveness of a bank’s systems for (1) the dollar amount of qualified delivering retail banking services, investments; pursuant to the following criteria: (2) the innovativeness or (1) the current distribution of the SECTION 228.25— complexity of qualified Community Development bank’s branches among low-, investments; Test for Wholesale or moderate-, middle-, and upper- (3) the responsiveness of Limited-Purpose Bank income geographies; qualified investments to credit and (a) Scope of test. The Board community development needs; (2) in the context of its current distribution of the bank’s assesses a wholesale or limited- and branches, the bank’s record of purpose bank’s record of helping to (4) the degree to which the opening and closing branches, meet the credit needs of its qualified investments are not particularly branches located in assessment area(s) under the routinely provided by private community development test through investors. low- or moderate-income geographies or primarily serving its community development lending, (f) Investment-performance rating. low- or moderate-income qualified investments, or community The Board rates a bank’s investment individuals; development services.

A Guide to CRA Data Collection and Reporting 31 Appendix A—Regulation BB: Community Reinvestment

(b) Designation as a wholesale or (2) community development community development loans, or limited-purpose bank. In order to lending by affiliates, consortia and qualified investments; receive a designation as a wholesale third parties, subject to the (2) the percentage of loans and, or limited-purpose bank, a bank shall requirements and limitations in as appropriate, other lending- file a request, in writing, with the section 228.22(c) and (d). related activities located in the Board, at least three months prior to bank’s assessment area(s); (e) Benefit to assessment area(s). the proposed effective date of the (3) the bank’s record of lending to (1) Benefit inside assessment designation. If the Board approves and, as appropriate, engaging in area(s). The Board considers all the designation, it remains in effect other lending-related activities for qualified investments, community until the bank requests revocation of borrowers of different income development loans, and the designation or until one year levels and businesses and farms community development services after the Board notifies the bank that of different sizes; that benefit areas within the the Board has revoked the (4) the geographic distribution of bank’s assessment area(s) or a designation on its own initiative. the bank’s loans; and broader statewide or regional area (5) the bank’s record of taking (c) Performance criteria. The Board that includes the bank’s action, if warranted, in response evaluates the community assessment area(s). to written complaints about its development performance of a (2) Benefit outside assessment performance in helping to meet wholesale or limited-purpose bank area(s). The Board considers the credit needs in its assessment pursuant to the following criteria: qualified investments, community area(s). (1) the number and amount of development loans, and community development loans community development services (b) Small-bank performance rating. (including originations and that benefit areas outside the The Board rates the performance of purchases of loans and other bank’s assessment area(s), if the a bank evaluated under this section community development loan data bank has adequately addressed as provided in appendix A of this provided by the bank, such as the needs of its assessment part. data on loans outstanding, area(s). commitments, and letters of (f) Community development SECTION 228.27— credit), qualified investments, or Strategic Plan performance rating. The Board rates community development services; a bank’s community development (a) Alternative election. The Board (2) the use of innovative or performance as provided in appendix will assess a bank’s record of complex qualified investments, A of this part. helping to meet the credit needs of community development loans, or its assessment area(s) under a community development services strategic plan if— and the extent to which the SECTION 228.26— (1) the bank has submitted the investments are not routinely Small-Bank Performance plan to the Board as provided for provided by private investors; and Standards in this section; (3) the bank’s responsiveness to (a) Performance criteria. The Board (2) the Board has approved the credit and community evaluates the record of a small bank, plan; development needs. or a bank that was a small bank (3) the plan is in effect; and (d) Indirect activities. At a bank’s during the prior calendar year, of (4) the bank has been operating option, the Board will consider in its helping to meet the credit needs of under an approved plan for at community development its assessment area(s) pursuant to least one year. performance assessment: the following criteria: (b) Data reporting. The Board’s (1) qualified investments or (1) the bank’s loan-to-deposit approval of a plan does not affect the community development services ratio, adjusted for seasonal bank’s obligation, if any, to report provided by an affiliate of the variation and, as appropriate, data as required by section 228.42. bank, if the investments or other lending-related activities, services are not claimed by any such as loan originations for sale (c) Plans in general. other institution; and to the secondary markets, (1) Term. A plan may have a term

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of no more than five years, and shall submit its plan to the Board at public and the Board to judge the any multiyear plan must include least three months prior to the merits of the plan. annual interim measurable goals proposed effective date of the plan. (3) Satisfactory and outstanding under which the Board will The bank shall also submit with its goals. A bank shall specify in its evaluate the bank’s performance. plan a description of its informal plan measurable goals that (2) Multiple assessment areas. A efforts to seek suggestions from constitute “satisfactory” bank with more than one members of the public, any written performance. A plan may specify assessment area may prepare a public comment received, and, if the measurable goals that constitute single plan for all of its plan was revised in light of the “outstanding” performance. If a assessment areas or one or more comment received, the initial plan as bank submits, and the Board plans for one or more of its released for public comment. approves, both “satisfactory” and assessment areas. “outstanding” performance goals, (f) Plan content. (3) Treatment of affiliates. the Board will consider the bank (1) Measurable goals. Affiliated institutions may prepare eligible for an “outstanding” (i) A bank shall specify in its a joint plan if the plan provides performance rating. plan measurable goals for measurable goals for each (4) Election if satisfactory goals helping to meet the credit institution. Activities may be not substantially met. A bank may needs of each assessment allocated among institutions at the elect in its plan that, if the bank area covered by the plan, institutions’ option, provided that fails to meet substantially its plan particularly the needs of low- the same activities are not goals for a satisfactory rating, the and moderate-income considered for more than one Board will evaluate the bank’s geographies and low- and institution. performance under the lending, moderate-income individuals, investment, and service tests, the (d) Public participation in plan through lending, investment, community development test, or development. Before submitting a and services, as appropriate. the small-bank performance plan to the Board for approval, a (ii) A bank shall address in its standards, as appropriate. bank shall— plan all three performance (1) informally seek suggestions categories and, unless the (g) Plan approval. from members of the public in its bank has been designated as a (1) Timing. The Board will act assessment area(s) covered by wholesale or limited-purpose upon a plan within 60 calendar the plan while developing the bank, shall emphasize lending days after the Board receives the plan; and lending-related activities. complete plan and other material (2) once the bank has developed Nevertheless, a different required under paragraph (d) of a plan, formally solicit public emphasis, including a focus on this section. If the Board fails to comment on the plan for at least one or more performance act within this time period, the 30 days by publishing notice in at categories, may be appropriate plan shall be deemed approved least one newspaper of general if responsive to the unless the Board extends the circulation in each assessment characteristics and credit review period for good cause. area covered by the plan; and needs of its assessment (2) Public participation. In (3) during the period of formal area(s), considering public evaluating the plan’s goals, the public comment, make copies of comment and the bank’s Board considers the public’s the plan available for review by capacity and constraints, involvement in formulating the the public at no cost at all offices product offerings, and business plan, written public comment on of the bank in any assessment strategy. the plan, and any response by the area covered by the plan and (2) Confidential information. A bank to public comment on the provide copies of the plan upon bank may submit additional plan. request for a reasonable fee to information to the Board on a (3) Criteria for evaluating plan. cover copying and mailing, if confidential basis, but the goals The Board evaluates a plan’s applicable. stated in the plan must be measurable goals using the (e) Submission of plan. The bank sufficiently specific to enable the following criteria, as appropriate:

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(i) the extent and breadth of “satisfactory,” “needs to improve,” or SECTION 228.29—Effect lending or lending-related “substantial noncompliance” based of CRA Performance activities, including, as on the bank’s performance under the on Applications appropriate, the distribution of lending, investment, and service (a) CRA performance. Among other loans among different tests, the community development factors, the Board takes into account geographies, businesses and test, the small-bank performance the record of performance under the farms of different sizes, and standards, or an approved strategic CRA of— individuals of different income plan, as applicable. (1) each applicant bank for the— levels, the extent of community (b) Lending, investment, and service (i) establishment of a domestic development lending, and the tests. The Board assigns a rating for branch by a state member use of innovative or flexible a bank assessed under the lending, bank; and lending practices to address investment, and service tests in (ii) merger, consolidation, credit needs; accordance with the following acquisition of assets, or (ii) the amount and principles: assumption of liabilities innovativeness, complexity, (1) a bank that receives an requiring approval under the and responsiveness of the “outstanding” rating on the lending Bank Merger Act (12 USC bank’s qualified investments; test receives an assigned rating of 1828(c)) if the acquiring, and at least “satisfactory”; assuming, or resulting bank is (iii) the availability and (2) a bank that receives an to be a state member bank; effectiveness of the bank’s “outstanding” rating on both the and systems for delivering retail service test and the investment (2) each insured depository banking services and the extent test and a rating of at least “high institution (as defined in 12 USC and innovativeness of the satisfactory” on the lending test 1813) controlled by an applicant bank’s community development receives an assigned rating of and subsidiary bank or savings services. “outstanding”; and association proposed to be (h) Plan amendment. During the (3) no bank may receive an controlled by an applicant— term of a plan, a bank may request assigned rating of “satisfactory” or (i) to become a bank holding the Board to approve an amendment higher unless it receives a rating company in a transaction that to the plan on grounds that there has of at least “low satisfactory” on the requires approval under section been a material change in lending test. 3 of the Bank Holding circumstances. The bank shall Company Act (12 USC 1842); develop an amendment to a (c) Effect of evidence of (ii) to acquire ownership or previously approved plan in discriminatory or other illegal credit control of shares or all or accordance with the public practices. Evidence of discriminatory substantially all of the assets of participation requirements of or other illegal credit practices a bank, to cause a bank to paragraph (d) of this section. adversely affects the Board’s become a subsidiary of a bank evaluation of a bank’s performance. holding company, or to merge (i) Plan assessment. The Board In determining the effect on the or consolidate a bank holding approves the goals and assesses bank’s assigned rating, the Board company with any other bank performance under a plan as considers the nature and extent of holding company in a trans- provided for in appendix A of this the evidence, the policies and action that requires approval part. procedures that the bank has in under section 3 of the Bank place to prevent discriminatory or Holding Company Act (12 USC other illegal credit practices, any 1842); and SECTION 228.28— corrective action that the bank has (iii) to own, control, or operate Assigned Ratings taken or has committed to take, a savings association in a (a) Ratings in general. Subject to particularly voluntary corrective transaction that requires paragraphs (b) and (c) of this action resulting from self- approval under section 4 of the section, the Board assigns to a bank assessment, and other relevant Bank Holding Company Act (12 a rating of “outstanding,” information. USC 1843).

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(b) Interested parties. In considering boundaries that were in effect as of (1) must consist only of whole CRA performance in an application January 1 of the calendar year in geographies; described in paragraph (a) of this which the delineation is made) or (2) may not reflect illegal section, the Board takes into account one or more contiguous political discrimination; any views expressed by interested subdivisions, such as counties, (3) may not arbitrarily exclude parties that are submitted in cities, or towns, in which the bank low- or moderate-income accordance with the Board’s Rules has its main office, branches, and geographies, taking into account of Procedure set forth in part 262 of deposit-taking ATMs. the bank’s size and financial this chapter. condition; and (c) Geographic area(s) for other (4) may not extend substantially (c) Denial or conditional approval of banks. The assessment area(s) for a beyond a CMSA boundary or application. A bank’s record of bank other than a wholesale or beyond a state boundary unless performance may be the basis for limited-purpose bank must— the assessment area is located in denying or conditioning approval of (1) consist generally of one or a multistate MSA. If a bank serves an application listed in paragraph (a) more MSAs (using the MSA a geographic area that extends of this section. boundaries that were in effect as substantially beyond a state of January 1 of the calendar year (d) Definitions. For purposes of boundary, the bank shall delineate in which the delineation is made) paragraph (a)(2) of this section, separate assessment areas for or one or more contiguous “bank,” “bank holding company,” the areas in each state. If a bank political subdivisions, such as “subsidiary,” and “savings serves a geographic area that counties, cities, or towns; and association” have the meanings extends substantially beyond a (2) include the geographies in given to those terms in section 2 of CMSA boundary, the bank shall which the bank has its main office, the Bank Holding Company Act (12 delineate separate assessment its branches, and its deposit- USC 1841). areas for the areas inside and taking ATMs, as well as the outside the CMSA. SUBPART C—RECORDS, surrounding geographies in which REPORTING, AND the bank has originated or (f) Banks serving military personnel. DISCLOSURE purchased a substantial portion of Notwithstanding the requirements of REQUIREMENTS its loans (including home this section, a bank whose business mortgage loans, small-business predominantly consists of serving SECTION 228.41— and small-farm loans, and any the needs of military personnel or Assessment-Area other loans the bank chooses, their dependents who are not located Delineation such as those consumer loans on within a defined geographic area which the bank elects to have its may delineate its entire deposit- (a) In general. A bank shall performance assessed). customer base as its assessment delineate one or more assessment area. areas within which the Board eval- (d) Adjustments to geographic uates the bank’s record of helping to area(s). A bank may adjust the (g) Use of assessment area(s). The meet the credit needs of its com- boundaries of its assessment area(s) Board uses the assessment area(s) munity. The Board does not evaluate to include only the portion of a delineated by a bank in its evaluation the bank’s delineation of its assess- political subdivision that it of the bank’s CRA performance ment area(s) as a separate perform- reasonably can be expected to unless the Board determines that the ance criterion, but the Board reviews serve. An adjustment is particularly assessment area(s) do not comply the delineation for compliance with appropriate in the case of an with the requirements of this section. the requirements of this section. assessment area that otherwise would be extremely large, of unusual (b) Geographic area(s) for SECTION 228.42—Data configuration, or divided by wholesale or limited-purpose banks. Collection, Reporting, and significant geographic barriers. Disclosure The assessment area(s) for a wholesale or limited-purpose bank (e) Limitations on the delineation of (a) Loan information required to be must consist generally of one or an assessment area. Each bank’s collected and maintained. A bank, more MSAs (using the MSA assessment area(s)— except a small bank, shall collect,

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and maintain in machine-readable aggregate amount of community information concerning its lending form (as prescribed by the Board) development loans originated or performance, including additional until the completion of its next CRA purchased; and loan-distribution data. examination, the following data for (3) Home mortgage loans. If the (d) Data on affiliate lending. A bank each small-business or small-farm bank is subject to reporting under that elects to have the Board loan originated or purchased by the part 203 of this chapter, the consider loans by an affiliate, for bank: location of each home mortgage purposes of the lending or (1) a unique number or loan application, origination, or community development test or an alphanumeric symbol that can be purchase outside the MSAs in approved strategic plan, shall collect, used to identify the relevant loan which the bank has a home or maintain, and report for those loans file; branch office (or outside any the data that the bank would have (2) the loan amount at origination; MSA) in accordance with the collected, maintained, and reported (3) the loan location; and requirements of part 203 of this pursuant to paragraphs (a), (b), and (4) an indicator whether the loan chapter. (c) of this section had the loans been was to a business or farm with (c) Optional data collection and originated or purchased by the bank. gross annual revenues of $1 maintenance. For home mortgage loans, the bank million or less. (1) Consumer loans. A bank may shall also be prepared to identify the (b) Loan information required to be collect and maintain in machine- home mortgage loans reported under reported. A bank, except a small readable form (as prescribed by part 203 of this chapter by the bank or a bank that was a small the Board) data for consumer affiliate. bank during the prior calendar year, loans originated or purchased by shall report annually by March 1 to the bank for consideration under (e) Data on lending by a consortium the Board in machine-readable form the lending test. A bank may or a third party. A bank that elects to (as prescribed by the Board) the maintain data for one or more of have the Board consider community following data for the prior calendar the following categories of development loans by a consortium year: consumer loans: motor vehicle, or third party, for purposes of the (1) Small-business and small- credit card, home-equity, other lending or community development farm loan data. For each secured, and other unsecured. If tests or an approved strategic plan, geography in which the bank the bank maintains data for loans shall report for those loans the data originated or purchased a small- in a certain category, it shall that the bank would have reported business or small-farm loan, the maintain data for all loans under paragraph (b)(2) of this aggregate number and amount of originated or purchased within section had the loans been loans— that category. The bank shall originated or purchased by the bank. (i) with an amount at maintain data separately for each (f) Small banks electing evaluation origination of $100,000 or less; category, including for each under the lending, investment, and (ii) with amount at origination loan— service tests. A bank that qualifies of more than $100,000 but less (i) a unique number or for evaluation under the small-bank than or equal to $250,000; alphanumeric symbol that can performance standards but elects (iii) with an amount at be used to identify the relevant evaluation under the lending, origination of more than loan file; investment, and service tests shall $250,000; and (ii) the loan amount at collect, maintain, and report the data (iv) to businesses and farms origination or purchase; required for other banks pursuant to with gross annual revenues of (iii) the loan location; and paragraphs (a) and (b) of this $1 million or less (using the (iv) the gross annual income of section. revenues that the bank the borrower that the bank considered in making its credit considered in making its credit (g) Assessment-area data. A bank, decision); decision. except a small bank or a bank that (2) Community development loan (2) Other loan data. At its option, was a small bank during the prior data. The aggregate number and a bank may provide other calendar year, shall collect and

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report to the Board by March 1 of median income of less than 10 loans located inside each each year a list for each assessment percent, 10 or more but less assessment area reported by the area showing the geographies within than 20 percent, 20 or more but bank and the number and amount the area. less than 30 percent, 30 or of small-business and small-farm more but less than 40 percent, loans located outside the (h) CRA disclosure statement. The 40 or more but less than 50 assessment area(s) reported by Board prepares annually for each percent, 50 or more but less the bank; and bank that reports data pursuant to than 60 percent, 60 or more but (4) the number and amount of this section a CRA disclosure less than 70 percent, 70 or community development loans statement that contains, on a state- more but less than 80 percent, reported as originated or by-state basis— 80 or more but less than 90 purchased. (1) for each county (and for each percent, 90 or more but less assessment area smaller than a than 100 percent, 100 or more (i) Aggregate disclosure statements. county) with a population of but less than 110 percent, 110 The Board, in conjunction with the 500,000 persons or fewer in which or more but less than 120 Office of the Comptroller of the the bank reported a small- percent, and 120 percent or Currency, the Federal Deposit business or small-farm loan— more; Insurance Corporation, and the (i) the number and amount of (ii) a list grouping each Office of Thrift Supervision, prepares small-business and small-farm geography in the county or annually, for each MSA (including an loans reported as originated or assessment area according to MSA that crosses a state boundary) purchased located in low-, whether the median income in and the non-MSA portion of each moderate-, middle-, and upper- the geography relative to the state, an aggregate disclosure income geographies; area median income is less statement of small-business and (ii) a list grouping each than 10 percent, 10 or more but small-farm lending by all institutions geography according to less than 20 percent, 20 or subject to reporting under this part or whether the geography is low-, more but less than 30 percent, parts 25, 345, or 563e of this title. moderate-, middle-, or upper- 30 or more but less than 40 These disclosure statements income; percent, 40 or more but less indicate, for each geography, the (iii) a list showing each than 50 percent, 50 or more but number and amount of all small- geography in which the bank less than 60 percent, 60 or business and small-farm loans reported a small-business or more but less than 70 percent, originated or purchased by reporting small-farm loan; and 70 or more but less than 80 institutions, except that the Board (iv) the number and amount of percent, 80 or more but less may adjust the form of the disclosure small-business and small-farm than 90 percent, 90 or more but if necessary, because of special loans to businesses and farms less than 100 percent, 100 or circumstances, to protect the privacy with gross annual revenues of more but less than 110 percent, of a borrower or the competitive $1 million or less; 110 or more but less than 120 position of an institution. (2) for each county (and for each percent, 120 percent or more; assessment area smaller than a (iii) a list showing each (j) Central data depositories. The county) with a population in geography in which the bank Board makes the aggregate excess of 500,000 persons in reported a small-business or disclosure statements, described in which the bank reported a small- small-farm loan; and paragraph (i) of this section, and the business or small-farm loan— (iv) the number and amount of individual bank CRA disclosure (i) the number and amount of small-business and small-farm statements, described in paragraph small-business and small-farm loans to businesses and farms (h) of this section, available to the loans reported as originated or with gross annual revenues of public at central data depositories. purchased located in $1 million or less; The Board publishes a list of the geographies with median (3) the number and amount of depositories at which the statements income relative to the area small-business and small-farm are available.

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SECTION 228.43—Content retail banking services (e.g., (2) Banks required to report and Availability of Public ATMs, ATMs not owned or Home Mortgage Disclosure Act File operated by or exclusively for the (HMDA) data. A bank required to (a) Information available to the bank, banking by telephone or report home mortgage loan data public. A bank shall maintain a public computer, loan production offices, pursuant to part 203 of this file that includes the following and bank-at-work or bank-by-mail chapter shall include in its public information: programs); file a copy of the HMDA (1) all written comments received (6) a map of each assessment disclosure statement provided by from the public for the current area showing the boundaries of the Federal Financial Institutions year and each of the prior two the area and identifying the Examination Council pertaining to calendar years that specifically geographies contained within the the bank for each of the prior two relate to the bank’s performance area, either on the map or in a calendar years. In addition, a in helping to meet community separate list; and bank that elected to have the credit needs, and any response to (7) any other information the bank Board consider the mortgage the comments by the bank, if chooses. lending of an affiliate for any of neither the comments nor the (b) Additional information available these years shall include in its responses contain statements that to the public. public file the affiliate’s HMDA reflect adversely on the good (1) Banks other than small banks. disclosure statement for those name or reputation of any persons A bank, except a small bank or a years. The bank shall place the other than the bank or publication bank that was a small bank during statement(s) in the public file of which would violate specific the prior calendar year, shall within three business days after provisions of law; include in its public file the its receipt. (2) a copy of the public section of following information pertaining to (3) Small banks. A small bank or the bank’s most recent CRA the bank and its affiliates, if a bank that was a small bank performance evaluation prepared applicable, for each of the prior during the prior calendar year by the Board. The bank shall two calendar years: shall include in its public file— place this copy in the public file (i) if the bank has elected to (i) the bank’s loan-to-deposit within 30 business days after its have one or more categories of ratio for each quarter of the receipt from the Board; its consumer loans considered prior calendar year and, at its (3) a list of the bank’s branches, under the lending test, for each option, additional data on its their street addresses, and of these categories, the number loan-to-deposit ratio; and geographies; and amount of loans— (ii) the information required for (4) a list of branches opened or (A) to low-, moderate-, other banks by paragraph closed by the bank during the middle-, and upper-income (b)(1) of this section, if the bank current year and each of the prior individuals; has elected to be evaluated two calendar years, their street (B) located in low-, under the lending, investment, addresses, and geographies; moderate-, middle-, and and service tests. (5) a list of services (including upper-income census tracts; (4) Banks with strategic plans. A hours of operation, available loan and bank that has been approved to and deposit products, and (C) located inside the be assessed under a strategic transaction fees) generally offered bank’s assessment area(s) plan shall include in its public file at the bank’s branches and and outside the bank’s a copy of that plan. A bank need descriptions of material assessment area(s); and not include information submitted differences in the availability or (ii) the bank’s CRA disclosure to the Board on a confidential cost of services at particular statement. The bank shall basis in conjunction with the plan. branches, if any. At its option, a place the statement in the (5) Banks with less-than- bank may include information public file within three business satisfactory ratings. A bank that regarding the availability of days of its receipt from the received a less-than-satisfactory alternative systems for delivering Board. rating during its most recent

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examination shall include in its part. Only a branch of a bank having lending, investment, and service public file a description of its more than one assessment area tests. current efforts to improve its shall include the bracketed material (1) Lending performance rating. performance in helping to meet in the notice for branch offices. Only The Board assigns each bank’s the credit needs of its entire a bank that is an affiliate of a holding lending performance one of the community. The bank shall update company shall include the next-to- five following ratings. the description quarterly. the-last sentence of the notices. A (i) Outstanding. The Board bank shall include the last sentence rates a bank’s lending (c) Location of public information. A of the notices only if it is an affiliate performance “outstanding” if, in bank shall make available to the of a holding company that is not general, it demonstrates— public for inspection upon request prevented by statute from acquiring and at no cost the information (A) excellent additional banks. required in this section as follows: responsiveness to credit (1) at the main office and, if an needs in its assessment interstate bank, at one branch SECTION 228.45— area(s), taking into account Publication of Planned office in each state, all information the number and amount of Examination Schedule in the public file; and home mortgage, small- (2) at each branch: The Board publishes at least 30 days business, small-farm, and (i) a copy of the public section in advance of the beginning of each consumer loans, if of the bank’s most recent CRA calendar quarter a list of banks applicable, in its assessment performance evaluation and a scheduled for CRA examinations in area(s); list of services provided by the that quarter. (B) a substantial majority of branch; and its loans are made in its (ii) within five calendar days of assessment area(s); the request, all the information APPENDIX A—Ratings (C) an excellent geographic in the public file relating to the distribution of loans in its (a) Ratings in general. assessment area in which the assessment area(s); (1) In assigning a rating, the branch is located. (D) an excellent distribution, Board evaluates a bank’s particularly in its assessment performance under the applicable (d) Copies. Upon request, a bank area(s), of loans among shall provide copies, either on paper performance criteria in this part, in individuals of different accordance with section 228.21, or in another form acceptable to the income levels and and section 228.28, which person making the request, of the businesses (including farms) provides for adjustments on the information in its public file. The of different sizes, given the bank may charge a reasonable fee basis of evidence of product lines offered by the discriminatory or other illegal not to exceed the cost of copying bank; and mailing (if applicable). credit practices. (E) an excellent record of (2) A bank’s performance need (e) Updating. Except as otherwise serving the credit needs of not fit each aspect of a particular provided in this section, a bank shall highly economically rating profile in order to receive ensure that the information required disadvantaged areas in its that rating, and exceptionally by this section is current as of April 1 assessment area(s), low- strong performance with respect of each year. income individuals, or to some aspects may compensate businesses (including farms) for weak performance in others. with gross annual revenues The bank’s overall performance, SECTION 228.44—Public of $1 million or less, however, must be consistent with Notice by Banks consistent with safe and safe and sound banking practices A bank shall provide in the public sound operations; and generally with the appropriate lobby of its main office and each of (F) extensive use of rating profile as follows. its branches the appropriate public innovative or flexible lending notice set forth in appendix B of this (b) Banks evaluated under the practices in a safe and

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sound manner to address low- or moderate-income of low- or moderate-income the credit needs of low- or individuals or geographies; individuals or geographies; moderate-income individuals and and or geographies; and (G) it has made a relatively (G) it has made an (G) it is a leader in making high level of community adequate level of community community development development loans. development loans. loans. (iii) Low satisfactory. The (iv) Needs to improve. The (ii) High satisfactory. The Board rates a bank’s lending Board rates a bank’s lending Board rates a bank’s lending performance “low satisfactory” performance “needs to performance “high satisfactory” if, in general, it demonstrates— improve” if, in general, it if, in general, it demonstrates— (A) adequate demonstrates— (A) good responsiveness to responsiveness to credit (A) poor responsiveness to credit needs in its needs in its assessment credit needs in its assess- assessment area(s), taking area(s), taking into account ment area(s), taking into into account the number and the number and amount of account the number and amount of home mortgage, home mortgage, small- amount of home mortgage, small-business, small-farm, business, small-farm, and small-business, small-farm, and consumer loans, if consumer loans, if applica- and consumer loans, if applicable, in its assessment ble, in its assessment applicable, in its assessment area(s); area(s); area(s); (B) a high percentage of its (B) an adequate percentage (B) a small percentage of its loans are made in its of its loans are made in its loans are made in its assessment area(s); assessment area(s); assessment area(s); (C) a good geographic (C) an adequate geographic (C) a poor geographic distribution of loans in its distribution of loans in its distribution of loans, particu- assessment area(s); assessment area(s); larly to low- or moderate- (D) a good distribution, (D) an adequate income geographies, in its particularly in its assessment distribution, particularly in its assessment area(s); area(s), of loans among assessment area(s), of loans (D) a poor distribution, individuals of different among individuals of particularly in its assessment income levels and different income levels and area(s), of loans among businesses (including farms) businesses (including farms) individuals of different of different sizes, given the of different sizes, given the income levels and busi- product lines offered by the product lines offered by the nesses (including farms) of bank; bank; different sizes, given the (E) a good record of serving (E) an adequate record of product lines offered by the the credit needs of highly serving the credit needs of bank; economically disadvantaged highly economically (E) a poor record of serving areas in its assessment disadvantaged areas in its the credit needs of highly area(s), low-income assessment area(s), low- economically disadvantaged individuals, or businesses income individuals, or areas in its assessment (including farms) with gross businesses (including farms) area(s), low-income annual revenues of $1 with gross annual revenues individuals, or businesses million or less, consistent of $1 million or less, (including farms) with gross with safe and sound consistent with safe and annual revenues of $1 operations; sound operations; million or less, consistent (F) use of innovative or (F) limited use of innovative with safe and sound flexible lending practices in a or flexible lending practices operations; safe and sound manner to in a safe and sound manner (F) little use of innovative or address the credit needs of to address the credit needs flexible lending practices in a

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safe and sound manner to consistent with safe and (iii) Low satisfactory. The address the credit needs of sound operations; Board rates a bank’s low- or moderate-income (F) no use of innovative or investment performance “low individuals or geographies; flexible lending practices in a satisfactory” if, in general, it and safe and sound manner to demonstrates— (G) it has made a low level address the credit needs of (A) an adequate level of of community development low- or moderate-income qualified investments, loans. individuals or geographies; particularly those that are (v) Substantial noncompliance. and not routinely provided by The Board rates a bank’s (G) it has made few, if any, private investors, although lending performance as being community development rarely in a leadership in “substantial noncompliance” loans. position; if, in general, it demonstrates— (2) Investment-performance (B) occasional use of (A) a very poor rating. The Board assigns each innovative or complex responsiveness to credit bank’s investment performance qualified investments; and needs in its assessment one of the five following ratings. (C) adequate respon- area(s), taking into account (i) Outstanding. The Board siveness to credit and the number and amount of rates a bank’s investment community development home mortgage, small- performance “outstanding” if, in needs. business, small-farm, and general, it demonstrates— (iv) Needs to improve. The consumer loans, if applica- (A) an excellent level of Board rates a bank’s invest- ble, in its assessment qualified investments, ment performance “needs to area(s); particularly those that are improve” if, in general, it (B) a very small percentage not routinely provided by demonstrates— of its loans are made in its private investors, often in a (A) a poor level of qualified assessment area(s); leadership position; investments, particularly (C) a very poor geographic (B) extensive use of those that are not routinely distribution of loans, particu- innovative or complex provided by private larly to low- or moderate- qualified investments; and investors; income geographies, in its (C) excellent responsive- (B) rare use of innovative or assessment area(s); ness to credit and com- complex qualified invest- (D) a very poor distribution, munity development needs. ments; and particularly in its assessment (ii) High satisfactory. The (C) poor responsiveness to area(s), of loans among Board rates a bank’s credit and community individuals of different investment performance “high development needs. income levels and busi- satisfactory” if, in general, it (v) Substantial noncompliance. nesses (including farms) of demonstrates— The Board rates a bank’s different sizes, given the (A) a significant level of investment performance as product lines offered by the qualified investments, being in “substantial noncom- bank; particularly those that are pliance” if, in general, it (E) a very poor record of not routinely provided by demonstrates— serving the credit needs of private investors, occasion- (A) few, if any, qualified highly economically ally in a leadership position; investments, particularly disadvantaged areas in its (B) significant use of those that are not routinely assessment area(s), low- innovative or complex provided by private income individuals, or qualified investments; and investors; businesses (including farms) (C) good responsiveness to (B) no use of innovative or with gross annual revenues credit and community complex qualified invest- of $1 million or less, development needs. ments; and

A Guide to CRA Data Collection and Reporting 41 Appendix A—Regulation BB: Community Reinvestment

(C) very poor responsive- have been made, its record particularly low- and ness to credit and commu- of opening and closing moderate-income geogra- nity development needs. branches has not adversely phies and low- and (3) Service-performance rating. affected the accessibility of moderate-income individ- The Board assigns each bank’s its delivery systems, uals; and service performance one of the particularly in low- and (D) it provides an adequate five following ratings. moderate-income geogra- level of community (i) Outstanding. The Board phies and to low- and development services. rates a bank’s service moderate-income (iv) Needs to improve. The performance “outstanding” if, in individuals; Board rates a bank’s service general, the bank (C) its services (including, performance “needs to demonstrates— where appropriate, business improve” if, in general, the bank (A) its service-delivery hours) do not vary in a way demonstrates— systems are readily that inconveniences its (A) its service-delivery accessible to geographies assessment area(s), systems are unreasonably and individuals of different particularly low- and inaccessible to portions of its income levels in its moderate-income geogra- assessment area(s), assessment area(s); phies and low- and particularly to low- or (B) to the extent changes moderate-income individ- moderate-income geogra- have been made, its record uals; and phies or to low- or moderate- of opening and closing (D) it provides a relatively income individuals; branches has improved the high level of community (B) to the extent changes accessibility of its delivery development services. have been made, its record systems, particularly in low- (iii) Low satisfactory. The of opening and closing or moderate-income geogra- Board rates a bank’s service branches has adversely phies or to low- or moderate- performance “low satisfactory” affected the accessibility of income individuals; if, in general, the bank its delivery systems, (C) its services (including, demonstrates— particularly in low- or where appropriate, business (A) its service-delivery moderate-income geogra- hours) are tailored to the systems are reasonably phies or to low- or moderate- convenience and needs of accessible to geographies income individuals; its assessment area(s), and individuals of different (C) its services (including, particularly low- or income levels in its where appropriate, business moderate-income geogra- assessment area(s); hours) vary in a way that phies or low- or moderate- (B) to the extent changes inconveniences its assess- income individuals; and have been made, its record ment area(s), particularly (D) it is a leader in providing of opening and closing low- or moderate-income community development branches has generally not geographies or low- or services. adversely affected the moderate-income (ii) High satisfactory. The accessibility of its delivery individuals; and Board rates a bank’s service systems, particularly in low- (D) it provides a limited performance “high satisfactory” and moderate-income level of community if, in general, the bank geographies and to low- and development services. demonstrates— moderate-income (v) Substantial noncompliance. (A) its service-delivery individuals; The Board rates a bank’s systems are accessible to (C) its services (including, service performance as being geographies and individuals where appropriate, business in “substantial noncompliance” of different income levels in hours) do not vary in a way if, in general, the bank its assessment area(s); that inconveniences its demonstrates— (B) to the extent changes assessment area(s), (A) its service-delivery

A Guide to CRA Data Collection and Reporting 42 Appendix A—Regulation BB: Community Reinvestment

systems are unreasonably (ii) extensive use of innovative (iii) poor responsiveness to inaccessible to significant or complex qualified invest- credit and community portions of its assessment ments, community develop- development needs in its area(s), particularly to low- ment loans, or community assessment area(s). or moderate-income development services; and (4) Substantial noncompliance. geographies or to low- or (iii) excellent responsiveness The Board rates a wholesale or moderate-income to credit and community limited-purpose bank’s community individuals; development needs in its development performance in (B) to the extent changes assessment area(s). “substantial noncompliance” if, in have been made, its record (2) Satisfactory. The Board rates general, it demonstrates— of opening and closing a wholesale or limited-purpose (i) few, if any, community branches has significantly bank’s community development development loans, community adversely affected the performance “satisfactory” if, in development services, or accessibility of its delivery general, it demonstrates— qualified investments, partic- systems, particularly in low- (i) an adequate level of ularly investments that are not or moderate-income geogra- community development loans, routinely provided by private phies or to low- or moderate- community development investors; income individuals; services, or qualified invest- (ii) no use of innovative or (C) its services (including, ments, particularly investments complex qualified investments, where appropriate, business that are not routinely provided community development loans, hours) vary in a way that by private investors; or community development significantly inconveniences (ii) occasional use of innova- services; and its assessment area(s), tive or complex qualified (iii) very poor responsiveness particularly low- or investments, community to credit and community moderate-income geogra- development loans, or development needs in its phies or low- or moderate- community development assessment area(s). income individuals; and services; and (d) Banks evaluated under the (D) it provides few, if any, (iii) adequate responsiveness small-bank performance standards. community development to credit and community The Board rates the performance of services. development needs in its each bank evaluated under the assessment area(s). small-bank performance standards (c) Wholesale or limited-purpose (3) Needs to improve. The Board as follows. banks. The Board assigns each rates a wholesale or limited- (1) Eligibility for a satisfactory wholesale or limited-purpose bank’s purpose bank’s community rating. The Board rates a bank’s community development perfor- development performance as performance “satisfactory” if, in mance one of the four following “needs to improve” if, in general, it general, the bank demonstrates— ratings. demonstrates— (i) a reasonable loan-to- (1) Outstanding. The Board rates (i) a poor level of community deposit ratio (considering a wholesale or limited-purpose development loans, community seasonal variations) given the bank’s community development development services, or bank’s size, financial condition, performance “outstanding” if, in qualified investments, the credit needs of its assess- general, it demonstrates— particularly investments that ment area(s), and taking into (i) a high level of community are not routinely provided by account, as appropriate, development loans, community private investors; lending-related activities such development services, or (ii) rare use of innovative or as loan originations for sale to qualified investments, complex qualified investments, the secondary markets and particularly investments that community development loans, community development loans are not routinely provided by or community development and qualified investments; private investors; services; and (ii) a majority of its loans and,

A Guide to CRA Data Collection and Reporting 43 Appendix A—Regulation BB: Community Reinvestment

as appropriate, other lending- “substantial noncompliance” APPENDIX B—CRA Notice related activities are in its depending on the degree to which (a) Notice for main offices and, if an assessment area(s); its performance has failed to meet interstate bank, one branch office in the standards for a “satisfactory” (iii) a distribution of loans to each state. and, as appropriate, other rating. lending-related activities for COMMUNITY REINVESTMENT ACT (e) Strategic-plan assessment and individuals of different income NOTICE rating. levels (including low- and Under the Federal Community (1) Satisfactory goals. The Board moderate-income individuals) Reinvestment Act (CRA), the Federal approves as “satisfactory” and businesses and farms of Reserve Board (Board) evaluates our measurable goals that adequately different sizes that is record of helping to meet the credit help to meet the credit needs of reasonable given the needs of this community consistent with the bank’s assessment area(s). safe and sound operations. The Board demographics of the bank’s (2) Outstanding goals. If the plan also takes this record into account when assessment area(s); identifies a separate group of deciding on certain applications (iv) a record of taking measurable goals that submitted by us. appropriate action, as substantially exceed the levels Your involvement is encouraged. warranted, in response to approved as “satisfactory,” the You are entitled to certain information written complaints, if any, about Board will approve those goals as about our operations and our the bank’s performance in “outstanding.” performance under the CRA, including, for example, information about our helping to meet the credit (3) Rating. The Board assesses branches, such as their location and needs of its assessment the performance of a bank area(s); and services provided at them; the public operating under an approved plan section of our most recent CRA (v) a reasonable geographic to determine if the bank has met performance evaluation, prepared by the distribution of loans given the its plan goals: Federal Reserve Bank of_____(Reserve bank’s assessment area(s). (i) If the bank substantially Bank); and comments received from the (2) Eligibility for an outstanding achieves its plan goals for a public relating to our performance in rating. A bank that meets each of satisfactory rating, the Board helping to meet community credit needs, the standards for a “satisfactory” will rate the bank’s as well as our responses to those rating under this paragraph and performance under the plan as comments. You may review this exceeds some or all of those “satisfactory.” information today. standards may warrant (ii) If the bank exceeds its plan At least 30 days before the beginning of each quarter, the Federal Reserve consideration for an overall rating goals for a satisfactory rating System publishes a list of the banks that of “outstanding.” In assessing and substantially achieves its are scheduled for CRA examination by whether a bank’s performance is plan goals for an outstanding the Reserve Bank in that quarter. This “outstanding,” the Board rating, the Board will rate the list is available from (title of responsible considers the extent to which the bank’s performance under the official), Federal Reserve Bank bank exceeds each of the plan as “outstanding.” of_____(address). You may send written performance standards for a (iii) If the bank fails to meet comments about our performance in “satisfactory” rating and its substantially its plan goals for a helping to meet community credit needs performance in making qualified satisfactory rating, the Board to (name and address of official at bank) investments and its performance will rate the bank as either and (title of responsible official), Federal in providing branches and other “needs to improve” or Reserve Bank of_____ (address). Your services and delivery systems “substantial noncompliance,” letter, together with any response by us, will be considered by the Federal that enhance credit availability in depending on the extent to Reserve System in evaluating our CRA its assessment area(s). which it falls short of its plan performance and may be made public. (3) “Needs to improve” or goals, unless the bank elected You may ask to look at any comments “substantial noncompliance” in its plan to be rated received by the Reserve Bank. You may ratings. A bank also may receive otherwise, as provided in also request from the Reserve Bank an a rating of “needs to improve” or section 228.27(f)(4). announcement of our applications

A Guide to CRA Data Collection and Reporting 44 Appendix A—Regulation BB: Community Reinvestment

covered by the CRA filed with the by the Federal Reserve Bank of_____ At least 30 days before the beginning Reserve Bank. We are an affiliate of (address), and a list of services provided of each quarter, the Federal Reserve (name of holding company), a bank at this branch. You may also have System publishes a list of the banks that holding company. You may request from access to the following additional are scheduled for CRA examination by (title of responsible official), Federal information, which we will make the Reserve Bank in that quarter. This Reserve Bank of_____(address) an available to you at this branch within five list is available from (title of responsible announcement of applications covered calendar days after you make a request official), Federal Reserve Bank of_____ by the CRA filed by bank holding to us: (1) a map showing the (address). You may send written companies. assessment area containing this branch, comments about our performance in which is the area in which the Board helping to meet community credit needs evaluates our CRA performance in this to (name and address of official at bank) (b) Notice for branch offices. community; (2) information about our and (title of responsible official), Federal COMMUNITY REINVESTMENT ACT branches in this assessment area; (3) a Reserve Bank of_____ (address). Your NOTICE list of services we provide at those letter, together with any response by us, locations; (4) data on our lending will be considered by the Federal Under the Federal Community performance in this assessment area; Reserve System in evaluating our CRA Reinvestment Act (CRA), the Federal and (5) copies of all written comments performance and may be made public. Reserve Board (Board) evaluates our received by us that specifically relate to You may ask to look at any comments record of helping to meet the credit our CRA performance in its assessment received by the Reserve Bank. You may needs of this community consistent with area, and any responses we have made also request from the Reserve Bank an safe and sound operations. The Board to those comments. If we are operating announcement of our applications also takes this record into account when under an approved strategic plan, you covered by the CRA filed with the deciding on certain applications may also have access to a copy of the Reserve Bank. We are an affiliate of submitted by us. plan. (name of holding company), a bank Your involvement is encouraged. [If you would like to review information holding company. You may request from You are entitled to certain information about our CRA performance in other (title of responsible official), Federal about our operations and our communities served by us, the public file Reserve Bank of_____ (address) an performance under the CRA. You may for our entire bank is available at (name announcement of applications covered review today the public section of our of office located in state), located at by the CRA filed by bank holding most recent CRA evaluation, prepared (address).] companies.

A Guide to CRA Data Collection and Reporting 45 Appendix B— General Instructions dormitories, clubs, lodges, association buildings, “homes” for Schedule RC-C, Schedule RC-C, part II, is to be aged persons and orphans, golf Part II completed only as of the June 30 courses, recreational facilities, Loans to Small report date. and similar properties. Exclude loans for nonfarm Businesses and Schedule RC-C, part II, requests nonresidential property information on the number and construction and land Small Farms amount currently outstanding of development purposes with September 1997 “loans to small businesses” and original maturities of 60 months “loans to small farms,” as defined or less (report in Schedule RC-C, below. This information is being part I, item 1.a).* collected pursuant to Section 122 of the Federal Deposit Insurance 4 Commercial and industrial Corporation Improvement Act of loans. Report (on the FFIEC 031, 1991. in columns A and B, as appropriate) loans for commercial For purposes of this schedule, and industrial purposes to sole “loans to small businesses” proprietorships, partnerships, consist of the following: corporations, and other business (1) Loans with original amounts of enterprises, whether secured $1 million or less that have been (other than by real estate) or reported in Schedule RC-C, part unsecured, single-payment or I, item 1.e (column B on the installment. On the FFIEC 031, FFIEC 031), “Loans secured by 032, and 033, report in the nonfarm nonresidential appropriate subitem commercial properties” (in domestic offices), and industrial loans to U.S. and and non-U.S. addressees. (2) Loans with original amounts of Commercial and industrial loans $1 million or less that have been may take the form of direct or reported in Schedule RC-C, part purchased loans. Include the I, item 4, “Commercial and reporting bank’s own industrial loans,” on the FFIEC acceptances that it holds in its 034; item 4.a, “Commercial and industrial loans to U.S. addressees,” on the FFIEC 032 *As of 3/31/01, the following change to item 1(a) of Part I is effective: Item 1.a. and 033; and item 4.a, column B, “Construction, land development, and “Commercial and industrial loans other land loans”—At present, the Call to U.S. addressees” in domestic Report instruction for “Construction and land offices, on the FFIEC 031. development” loans directs banks to exclude from this loan category (a) loans to acquire and hold vacant land and (b) construction 1.e Secured by nonfarm loans with original maturities greater than 60 nonresidential properties. months. These two types of loans are Report (on the FFIEC 031, in currently reported in items 1.b through 1.e of Schedule RC-C, part I, as loans secured by column B) loans secured by real farmland, 1–4 family residential properties, estate as evidenced by multifamily residential properties, or nonfarm mortgages or other liens on nonresidential properties, as appropriate. The business and industrial revised definitions for the five categories of “Loans secured by real estate” will require properties, hotels, motels, land loans and long-term construction loans churches, hospitals, educational to be reported in recaptioned item 1.a. and charitable institutions, “construction, land development, and other land loans.”

A Guide to CRA Data Collection and Reporting 46 Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

portfolio when the account party commercial and industrial loans guaranteed by foreign is a commercial or industrial purposes (when farmers governmental institutions. enterprise. Also include loans to operate a business enterprise (13) Overnight lending for individuals for commercial, as well as a farm). commercial and industrial industrial, and professional (5) Loans supported by letters purposes. purposes but not for investment of commitment from the Exclude from commercial and or personal expenditure Agency for International industrial loans: purposes. Exclude all commercial Development. (1) Loans secured by real and industrial loans held for (6) Loans made to finance estate, even if for commercial trading. construction that are not and industrial purposes (report Include loans of the types listed secured by real estate. in Schedule RC-C, part I, below. These descriptions may (7) Loans to merchants or item1). overlap and are not all inclusive. dealers on their own (2) Loans to depository (1) Loans for commercial, promissory notes secured by institutions (report in Schedule industrial, and professional the pledge of their own RC-C, part I, item 2). purposes to: installment paper. (3) Loans to nondepository (a) mining, oil- and gas- (8) Loans extended under financial institutions such as producing, and quarrying credit cards and related plans real estate investment trusts, companies; that are readily identifiable as mortgage companies, and (b) manufacturing being issued in the name of a insurance companies (report companies of all kinds, commercial or industrial as all other loans in Schedule including those which enterprise. RC-C, part I, item 8 on the process agricultural (9) Dealer flooring or floor-plan FFIEC 034; item 9 on the commodities; loans. FFIEC 031, 032, and 033). (c) construction companies; (10) Loans collateralized by (4) Loans for the purpose of (d) transportation and production payments (e.g., oil purchasing or carrying communications companies or mining production securities (report in Schedule and public utilities; payments). Treat as a loan to RC-C, part I, item 8 on the (e) wholesale and retail the original seller of the FFIEC 034; item 9 on the trade enterprises and other production payment rather FFIEC 031, 032, and 033). dealers in commodities; than to the holder of the (5) Loans for the purpose of (f) cooperative associations production payment. For financing agricultural including farmers’ example, report in this item, as production, whether made to cooperatives; a loan to an oil company, a farmers or to nonagricultural (g) service enterprises such loan made to a nonprofit businesses (report in Schedule as hotels, motels, laundries, organization collateralized by RC-C, part I, item 3). automotive service stations, an oil production payment; do (6) Loans to nonprofit organi- and nursing homes and not include in Schedule RC-C, zations, such as hospitals or hospitals operated for profit; part I, item 8 on the FFIEC 034 educational institutions (report (h) insurance agents; and or item 9 on the FFIEC 031, as all other loans in Schedule (i) practitioners of law, 032, and 033 as a loan to the RC-C, part I, item 8 on the medicine, and public nonprofit organization. FFIEC 034; item 9 on the accounting. (11) Loans and participations FFIEC 031, 032, and 033), (2) Loans for the purpose of in loans secured by conditional except those for which oil or financing capital expenditures sales contracts made to mining production payments and current operations. finance the purchase of serve as collateral which are to (3) Loans to business enter- commercial transportation be reported in this item. prises guaranteed by the Small equipment. (7) Holdings of acceptances Business Administration. (12) Commercial and industrial accepted by other banks (4) Loans to farmers for

A Guide to CRA Data Collection and Reporting 47 Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

(report in Schedule RC-C, pasture land, whether tillable or (2) Loans and advances made part I, item 5). not and whether wooded or not. for the purpose of financing (8) Holdings of own Include loans secured by farm- fisheries and forestries, acceptances when the account land that are guaranteed by the including loans to commercial party is another bank (report in Farmers Home Administration fishermen. Schedule RC-C, part I, item 2) (FmHA) or by the Small Business (3) Agricultural notes and other or a foreign government or Administration (SBA) and that are notes of farmers that the bank official institution (report in extended, serviced, and collected has discounted for, or pur- Schedule RC-C, part I, item 8 by any party other than FmHA or chased from, merchants and on the FFIEC 034; item 7 on SBA. Exclude, however, loans dealers, either with or without the FFIEC 031, 032, and 033). extended, serviced, collected, recourse to the seller. (9) Equipment trust certificates and insured by FmHA (report in (4) Loans to farmers that are (report in Schedule RC-B, Schedule RC-B, item 2.a, guaranteed by the Farmers item 5, “Other debt securities”). Securities “Issued by U.S. Home Administration (FmHA) (10) Any commercial or Government agencies”). Also or by the Small Business industrial loans held by the exclude loans for farm property Administration (SBA) and that reporting bank for trading construction and land develop- are extended, serviced, and (report in Schedule RC, item 5, ment purposes with original collected by a party other than “Trading assets”). maturities of 60 months or less the FmHA or SBA. (report in Schedule RC-C, part I, For purposes of this schedule, (5) Loans and advances to item 1.a). “loans to small farms” consist of farmers for purchases of farm the following: 3 Loans to finance agricultural machinery, equipment, and (1) Loans with original amounts of production and other loans to implements. $500,000 or less that have been farmers. Report (on the FFIEC (6) Loans and advances to reported in Schedule RC-C, part 031, in columns A and B, as farmers for all other purposes I, item 1.b (column B on the appropriate) loans for the associated with the FFIEC 031), “Loans secured by purpose of financing agricultural maintenance or operations of farmland (including farm production. Include such loans the farm, including purchases residential and other improve- whether secured (other than by of private passenger auto- ments)” (in domestic offices), and real estate) or unsecured and mobiles and other retail (2) Loans with original amounts of whether made to farm and ranch consumer goods and $500,000 or less that have been owners and operators (including provisions for the living reported in Schedule RC-C, part tenants) or to nonfarmers. All expenses of farmers or I, item 3 (column B on the FFIEC other loans to farmers, other than ranchers and their families. 031), “Loans to finance agri- those excluded below, should Loans to farmers for house- cultural production and other also be reported in this item. hold, family, and other personal loans to farmers” (in domestic Include as loans to finance expenditures (including credit offices). agricultural production and other cards and related plans) that 1.b Secured by farmland. loans to farmers: are not readily identifiable as Report (on the FFIEC 031, in (1) Loans and advances made being made to farmers need column B) loans secured by for the purpose of financing not be broken out of Schedule farmland and improvements agricultural production, RC-C, part I, item 6 for thereon, as evidenced by including the growing and inclusion in this item. mortgages or other liens. storing of crops, the marketing Exclude from loans to finance Farmland includes all land known or carrying of agricultural agricultural production and other to be used or usable for products by the growers loans to farmers: agricultural purposes, such as thereof, and the breeding, (1) Loans secured by real crop and livestock production. raising, fattening, or marketing estate (report in Schedule Farmland includes grazing or of livestock. RC-C, part I, item 1).

A Guide to CRA Data Collection and Reporting 48 Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

(2) Loans to farmers for credit or loan commitment was to one borrower as separate commercial and industrial most recently approved, individual loans. purposes, e.g., when a farmer extended, or renewed prior to the is operating a business report date. However, if the A bank that offers “corporate” or enterprise as well as a farm amount currently outstanding as “business” credit card programs (report in Schedule RC-C, of the report date exceeds this under which credit cards are issued part I, item 4). size, the “original amount” is the to one or more of a company’s (3) Loans to farmers for the amount currently outstanding on employees for business-related use purpose of purchasing or the report date. should treat each company’s carrying stocks, bonds, and (2) For loan participations and program as a single extension of other securities (report as all syndications, the “original credit to that company. The credit other loans in Schedule RC-C, amount” of the loan participation limits for all of the individual credit part I, item 8, on the FFIEC or syndication is the entire cards issued to the company’s 034; report as loans for amount of the credit originated by employees should be totalled and purchasing or carrying the lead lender. this total should be treated as the securities in Schedule RC-C, (3) For all other loans, the “original amount” of the “corporate” part I, item 9, on the FFIEC “original amount” is the total or “business” credit card program 031, 032, and 033). amount of the loan at origination established for this company. The (4) Loans to farmers secured or the amount currently company’s program should be by oil or mining production outstanding as of the report date, reported as one loan and the payments (report in Schedule whichever is larger. amount currently outstanding would RC-C, part I, item 4). be the sum of the credit card (5) Notes insured by the The “amount currently balances as of the June 30 report Farmers Home Administration outstanding” for a loan is its date on each of the individual credit (FmHA) and instruments carrying value, i.e., the amount at cards issued to the company’s (certificates of beneficial which the loan is reported in employees. However, when ownership, insured note Schedule RC-C, part I, item 1.b, 1.e, aggregated data for each individual insurance contracts) repre- 3, or 4, above. company in a “corporate” or senting an interest in FmHA- Except as noted below for “business” credit card program are insured notes (report in “corporate” or “business” credit card not readily determinable from the Schedule RC-B, item 2.a, programs, when determining bank’s credit card records, the bank Securities “Issued by U.S. “original amounts” and reporting the should develop reasonable Government agencies”). Such number and amount currently estimates of the number of notes and instruments are outstanding for a category of loans “corporate” or “business” credit card backed by loans made, in this part II, multiple loans to one programs in existence as of the serviced, and collected by the borrower should be combined and June 30 report date, the “original Farmers Home Administration reported on an aggregate basis amounts” of these programs, and and were issued prior to rather than as separate individual the “amounts currently outstanding” January 1, 1975. loans to the extent that the loan for these programs and should then systems in which the bank’s The following guidelines should be report information about these business and/or farm loan data are used to determine the “original programs on the basis of its maintained can provide aggregate amount” of a loan: reasonable estimates. In no case individual borrower data without (1) For loans drawn down under should the individual credit cards undue cost to the reporting institu- lines of credit or loan issued to a company’s employees tion. However, if the burden of such commitments, the “original under a “corporate” or “business” aggregation would be excessive, the amount” of the loan is the size of credit card program be reported as institution may report multiple loans the line of credit or loan separate individual loans to small commitment when the line of businesses.

A Guide to CRA Data Collection and Reporting 49 Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

Loans dollar volume of your bank’s RC-C, part I, item 1.e (column B loans in each of these two on the FFIEC 031), “Loans to Small Businesses categories has “original secured by nonfarm Item amounts” (as described above in nonresidential properties” (in No. Caption and Instructions the General Instructions to this domestic offices). part II) of $100,000 or less, place 1 Indicate in the appropriate box 2.b Number of “Commercial and an “X” in the box marked “YES,” at the right whether all or industrial loans (to U.S. complete items 2.a and 2.b substantially all of the dollar addressees)” (in domestic below, skip items 3 and 4, and volume of your bank’s “Loans offices) reported in Schedule go to item 5. secured by nonfarm RC-C, part I, item 4. Count the nonresidential properties” (in If your bank has no loans number of individual loans domestic offices) reported in outstanding in both of these two currently outstanding whose Schedule RC-C, part I, item loan categories, place an “X” in carrying values add up to the 1.e, and all or substantially all the box marked “NO,” skip items amount reported in Schedule of the dollar volume of your 2 through 4, and go to item 5. RC-C, part I, item 4 (column B bank’s “Commercial and Otherwise, place an “X” in the on the FFIEC 031), “Commercial industrial loans (to U.S. box marked “NO,” skip items 2.a and industrial loans (to U.S. addressees)” (in domestic and 2.b, complete items 3 and 4 addressees)” (in domestic offices) reported in Schedule below, and go to item 5. offices). RC-C, part I, item 4, have 2 Report the total number of original amounts of $100,000 3 Number and amount currently loans currently outstanding outstanding of “Loans or less. for each of the following secured by nonfarm If: (a) the average size of the Schedule RC-C, part I, loan nonresidential properties” (in amount currently outstanding for categories. Multiple loans to domestic offices) reported in your bank’s “Loans secured by one borrower should be Schedule RC-C, part I, item nonfarm nonresidential combined and reported on an 1.e. See the General properties” (in domestic offices) aggregate basis rather than as Instructions to this part II for the as reported in Schedule RC-C, separate individual loans to the guidelines for determining the part I, above, is $100,000 or extent that the loan systems in “original amount” of a loan. less, and which the bank’s business and/ Multiple loans to one borrower (b) the average size of the or farm loan data are maintained should be combined and amount currently outstanding for can provide aggregate individual reported on an aggregate basis your bank’s “Commercial and borrower data without undue rather than as separate industrial loans (to U.S. cost to the reporting institution. individual loans to the extent addressees)” (in domestic However, if the burden of such that the loan systems in which offices) as reported in Schedule aggregation would be excessive, the bank’s business and/or farm RC-C, part I, above, is $100,000 the institution may report loan data are maintained can or less, and multiple loans to one borrower provide aggregate individual (c) your lending officers’ as separate individual loans. borrower data without undue knowledge of your bank’s loans 2.a Number of “Loans secured by cost to the reporting institution. or other relevant information nonfarm nonresidential However, if the burden of such pertaining to “Loans secured by properties” (in domestic aggregation would be excessive, nonfarm nonresidential offices) reported in Schedule the institution may report properties” (in domestic offices) RC-C, part I, item 1.e. Count the multiple loans to one borrower and “Commercial and industrial number of individual loans as separate individual loans. loans (to U.S. addressees)” (in currently outstanding whose The sum of the amounts domestic offices) indicates that carrying values add up to the currently outstanding reported in all or substantially all of the amount reported in Schedule items 3.a through 3.c, column B,

A Guide to CRA Data Collection and Reporting 50 Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

must be less than or equal to carrying values were included in “business” credit card programs. Schedule RC-C, part I, item 1.e the amount reported in column Multiple loans to one borrower (column B on the FFIEC 031). B for this item (i.e., those “Loans should be combined and secured by nonfarm reported on an aggregate basis 3.a With original amounts of nonresidential properties” (in rather than as separate $100,000 or less. Add up the domestic offices) with “original individual loans to the extent total carrying value of all amounts” of more than that the loan systems in which currently outstanding “Loans $100,000 through $250,000). the bank’s business and/or farm secured by nonfarm Report this number in column A. loan data are maintained can nonresidential properties” (in provide aggregate individual domestic offices) with “original 3.c With original amounts of more borrower data without undue amounts” of $100,000 or less than $250,000 through cost to the reporting institution. and report this total amount in $1,000,000. Add up the total However, if the burden of such column B. Do not add up the carrying value of all currently aggregation would be excessive, “original amounts” of each of outstanding “Loans secured by the institution may report these loans and report the total nonfarm nonresidential multiple loans to one borrower original amount in column B. properties” (in domestic offices) as separate individual loans. Count the number of individual with “original amounts” of more The sum of the amounts “Loans secured by nonfarm than $250,000 through currently outstanding reported in nonresidential properties” (in $1,000,000 and report this total items 4.a through 4.c, column B, domestic offices) whose carrying amount in column B. Do not add must be less than or equal to values were included in the up the “original amounts” of Schedule RC-C, part I, item 4 on amount reported in column B for each of these loans and report the FFIEC 034, item 4.a on the this item (i.e., those “Loans the total original amount in FFIEC 032 and 033, and item secured by nonfarm column B. 4.a, column B on the FFIEC nonresidential properties” (in Count the number of individual 031. domestic offices) with “original “Loans secured by nonfarm 4.a With original amounts of amounts” of $100,000 or less). nonresidential properties” (in $100,000 or less. Add up the Report this number in column A. domestic offices) whose carrying total carrying value of all values were included in the currently outstanding 3.b With original amounts of more amount reported in column B for “Commercial and industrial loans than $100,000 through this item (i.e., those “Loans (to U.S. addressees)” (in $250,000. Add up the total secured by nonfarm domestic offices) with “original carrying value of all currently nonresidential properties” (in amounts” of $100,000 or less outstanding “Loans secured by domestic offices) with “original and report this total amount in nonfarm nonresidential amounts” of more than $250,000 column B. Do not add up the properties” (in domestic offices) through $1,000,000). Report this “original amounts” of each of with “original amounts” of more number in column A. than $100,000 through these loans and report the total $250,000 and report this total 4 Number and amount currently original amount in column B. amount in column B. Do not add outstanding of “Commercial Count the number of individual up the “original amounts” of and industrial loans (to U.S. “Commercial and industrial loans each of these loans and report addressees)” (in domestic (to U.S. addressees)” (in the total original amount in offices) reported in Schedule domestic offices) whose carrying column B. RC-C, part I, item 4. See the values were included in the General Instructions to this part amount reported in column B for Count the number of individual II for the guidelines for this item (i.e., those “Commercial “Loans secured by nonfarm determining the “original and industrial loans (to U.S. nonresidential properties” (in amount” of a loan and for the addressees)” (in domestic domestic offices) whose treatment of “corporate” or offices) with “original amounts”

A Guide to CRA Data Collection and Reporting 51 Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

of $100,000 or less). Report this domestic offices) whose offices) as reported in Schedule number in column A. carrying values were included in RC-C, part I, above, is $100,000 4.b With original amounts of more the amount reported in column or less, and than $100,000 through B for this item (i.e., those (c) your lending officers’ $250,000. Add up the total “Commercial and industrial knowledge of your bank’s loans carrying value of all currently loans (to U.S. addressees)” (in or other relevant information outstanding “Commercial and domestic offices) with “original pertaining to “Loans secured by industrial loans (to U.S. amounts” of more than farmland (including farm residen- addressees)” (in domestic $250,000 through $1,000,000). tial and other improvements” (in offices) with “original amounts” Report this number in column A. domestic offices) and your of more than $100,000 through “Loans to finance agricultural production and other loans to $250,000 and report this total Agricultural Loans amount in column B. Do not add farmers” (in domestic offices) up the “original amounts” of each to Small Farms indicates that all or substantially all of the dollar volume of your of these loans and report the Item total original amount in No. Caption and Instructions bank’s loans in each of these column B. two categories has “original 5 Indicate in the appropriate box amounts” (as described above in Count the number of individual at the right whether all or the General Instructions to this “Commercial and industrial loans substantially all of the dollar part II) of $100,000 or less, (to U.S. addressees)” (in volume of your bank’s “Loans domestic offices) whose secured by farmland place an “X” in the box marked carrying values were included in (including farm residential and “YES,” complete items 6.a and the amount reported in column other improvements)” (in 6.b below, and do not complete B for this item (i.e., those domestic offices) reported in items 7 and 8 below. “Commercial and industrial Schedule RC-C, part I, item If your bank has no loans loans (to U.S. addressees)” (in 1.b, and all or substantially all outstanding in both of these two domestic offices) with “original of the dollar volume of your loan categories, place an “X” in amounts” of more than bank’s “Loans to finance the box marked “NO,” and do not $100,000 through $250,000). agricultural production and complete items 6 through 8. Report this number in column A. other loans to farmers” (in 4.c With original amounts of more domestic offices) reported in Otherwise, place an “X” in the than $250,000 through Schedule RC-C, part I, item 3, box marked “NO,” skip items 6.a $1,000,000. Add up the total have original amounts of and 6.b, and complete items 7 carrying value of all currently $100,000 or less. and 8 below. outstanding “Commercial and If: (a) the average size of the industrial loans (to U.S. amount currently outstanding for 6 Report the total number of addressees)” (in domestic your bank’s “Loans secured by loans currently outstanding offices) with “original amounts” farmland (including farm for each of the following of more than $250,000 through residential and other improve- Schedule RC-C, part I, loan $1,000,000 and report this total ments)” (in domestic offices) as categories. Multiple loans to amount in column B. Do not add reported in Schedule RC-C, part one borrower should be up the “original amounts” of each I, above, is $100,000 or less, combined and reported on an of these loans and report the and aggregate basis rather than as separate individual loans to the total original amount in (b) the average size of the extent that the loan systems in column B. amount currently outstanding for which the bank’s business and/ Count the number of individual your bank’s “Loans to finance or farm loan data are maintained “Commercial and industrial loans agricultural production and other can provide aggregate individual (to U.S. addressees)” (in loans to farmers” (in domestic borrower data without undue

A Guide to CRA Data Collection and Reporting 52 Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

cost to the reporting institution. Multiple loans to one borrower outstanding “Loans secured by However, if the burden of such should be combined and farmland (including farm aggregation would be excessive, reported on an aggregate basis residential and other improve- the institution may report rather than as separate ments” (in domestic offices) with multiple loans to one borrower individual loans to the extent “original amounts” of more than as separate individual loans. that the loan systems in which $100,000 through $250,000 and the bank’s business and/or farm report this total amount in 6.a Number of “Loans secured by loan data are maintained can column B. Do not add up the farmland (including farm provide aggregate individual “original amounts” of each of residential and other borrower data without undue these loans and report the total improvements)” (in domestic cost to the reporting institution. original amount in column B. offices) reported in Schedule However, if the burden of such RC-C, part I, item 1.b. Count Count the number of individual aggregation would be excessive, the number of individual loans “Loans secured by farmland the institution may report currently outstanding whose (including farm residential and multiple loans to one borrower other improvements)” (in carrying values add up to the as separate individual loans. amount reported in Schedule domestic offices) whose carrying values were included in the RC-C, part I, item 1.b (column B 7.a With original amounts of amount reported in column B for on the FFIEC 031), “Loans $100,000 or less. Add up the this item (i.e., those “Loans secured by farmland (including total carrying value of all secured by farmland (including farm residential and other currently outstanding “Loans farm residential and other improvements)” (in domestic secured by farmland (including improvements)” (in domestic offices). farm residential and other offices) with “original amounts” improvements)” (in domestic 6.b Number of “Loans to finance of more than $100,000 through offices) with “original amounts” agricultural production and $250,000). Report this number of $100,000 or less and report other loans to farmers” (in in column A. this total amount in column B. domestic offices) reported in Do not add up the “original 7.c With original amounts of more Schedule RC-C, part I, item 3. amounts” of each of these loans than $250,000 through Count the number of individual and report the total original $500,000. Add up the total loans currently outstanding amount in column B. carrying value of all currently whose carrying values add up to outstanding “Loans secured by the amount reported in Schedule Count the number of individual farmland (including farm RC-C, part I, item 3 (column B “Loans secured by farmland residential and other improve- on the FFIEC 031), “Loans to (including farm residential and ments)” (in domestic offices) with finance agricultural production other improvements” (in “original amounts” of more than and other loans to farmers” (in domestic offices) whose carrying $250,000 through $500,000 and domestic offices). values were included in the amount reported in column B for report this total amount in 7 Number and amount currently this item (i.e., those “Loans column B. Do not add up the outstanding of “Loans secured by farmland (including “original amounts” of each of secured by farmland farm residential and other these loans and report the total (including farm residential and improvements)” (in domestic original amount in column B. other improvements)” (in offices) with “original amounts” Count the number of individual domestic offices) reported in of $100,000 or less). Report this “Loans secured by farmland Schedule RC-C, part I, item number in column A. (including farm residential and 1.b. See the General other improvements)” (in 7.b With original amounts of more Instructions to this part II for the domestic offices) whose carrying than $100,000 through guidelines for determining the values were included in the $250,000. Add up the total “original amount” of a loan. amount reported in column B for carrying value of all currently

A Guide to CRA Data Collection and Reporting 53 Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

this item (i.e., those “Loans and report this total amount in than $250,000 through secured by farmland (including column B. Do not add up the $500,000. Add up the total farm residential and other “original amounts” of each of carrying value of all currently improvements)” (in domestic these loans and report the total outstanding “Loans to finance offices) with “original amounts” original amount in column B. agricultural production and other of more than $250,000 through loans to farmers” (in domestic Count the number of individual $500,000). Report this number in offices) with “original amounts” “Loans to finance agricultural column A. of more than $250,000 through production and other loans to $500,000 and report this total farmers” (in domestic offices) 8 Number and amount currently amount in column B. Do not add whose carrying values were outstanding of “Loans to up the “original amounts” of each included in the amount reported finance agricultural of these loans and report the in column B for this item (i.e., production and other loans to total original amount in those “Loans to finance agricul- farmers” (in domestic offices) column B. tural production and other loans reported in Schedule RC-C, to farmers” (in domestic offices) Count the number of individual part I, item 3. See the General with “original amounts” of “Loans to finance agricultural Instructions to this part II for the $100,000 or less). Report this production and other loans to guidelines for determining the number in column A. farmers” (in domestic offices) “original amount” of a loan. whose carrying values were Multiple loans to one borrower 8.b With original amounts of more included in the amount reported should be combined and than $100,000 through in column B for this item (i.e., reported on an aggregate basis $250,000. Add up the total those “Loans to finance rather than as separate carrying value of all currently agricultural production and other individual loans to the extent outstanding “Loans to finance loans to farmers” (in domestic that the loan systems in which agricultural production and other offices) with “original amounts” the bank’s business and/or farm loans to farmers” (in domestic of more than $250,000 through loan data are maintained can offices) with “original amounts” $500,000). Report this number provide aggregate individual of more than $100,000 through in column A. borrower data without undue $250,000 and report this total cost to the reporting institution. amount in column B. Do not add Examples However, if the burden of such up the “original amounts” of aggregation would be excessive, each of these loans and report of Reporting the institution may report the total original amount in in Schedule RC-C, multiple loans to one borrower column B. Part II as separate individual loans. Count the number of individual The sum of the amounts “Loans to finance agricultural (1) A bank has a “Loan secured by currently outstanding reported in production and other loans to nonfarm nonresidential property” items 8.a through 8.c, column B, farmers” (in domestic offices) which has a carrying value on the must be less than or equal to whose carrying values were June 30 report date of $70,000 and Schedule RC-C, part I, item 3 included in the amount reported this amount is included in Schedule (column B on the FFIEC 031). in column B for this item (i.e., RC-C, part I, item 1.e. The bank those “Loans to finance agricul- made this loan to the borrower in the 8.a With original amounts of tural production and other loans original amount of $75,000, so it $100,000 or less. Add up the to farmers” (in domestic offices) would be considered a “loan to a total carrying value of all with “original amounts” of more small business” and would be currently outstanding “Loans to than $100,000 through reported in Schedule RC-C, part II. finance agricultural production $250,000). Report this number in Because the original amount of the and other loans to farmers” (in column A. loan is $100,000 or less, the bank domestic offices) with “original would report the $70,000 amount amounts” of $100,000 or less 8.c With original amounts of more

A Guide to CRA Data Collection and Reporting 54 Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

currently outstanding in part II, item Nevertheless, based on the entire amount of the entire credit exceeds 3.a, column B. amount of the credit that was $1,000,000, the loan would not be originated by the bank, the loan considered a “loan to a small (2) The bank has a second “Loan would be considered a “loan to a business” and would not be reported secured by nonfarm nonresidential small business” and would be in Schedule RC-C, part II. property” which has a carrying value reported in Schedule RC-C, part II. on the June 30 report date of Because the original amount of the (7) The bank has a “Loan secured $60,000 and this amount is included entire loan is $500,000 which falls by nonfarm nonresidential property” in Schedule RC-C, part I, item 1.e. within the more than $250,000 and a “Commercial and industrial The bank made this loan to the through $1,000,000 range, the bank loan” to the same borrower. The first borrower in the original amount of would report the $90,000 amount loan has a carrying value on the $125,000, so it would be considered currently outstanding in part II, item June 30 report date of $375,000 and a “loan to a small business” and 4.c, column B. this amount is included in Schedule would be reported in Schedule RC-C, part I, item 1.e. This “Loan RC-C, part II. Because the original (5) The bank has a third secured by nonfarm nonresidential amount of the loan falls within the “Commercial and industrial loan” property” was made in the original more than $100,000 through which has a carrying value on the amount of $400,000. The second $250,000 range, the bank would June 30 report date of $55,000 and loan has a carrying value on the report the $60,000 amount currently this amount is included in Schedule June 30 report date of $650,000 and outstanding in part II, item 3.b, RC-C, part I, item 4. This loan this amount is included in Schedule column B. represents a participation RC-C, part I, item 4. This “Commer- purchased by the bank from another (3) The bank has a “Commercial and cial and industrial loan” was made in lender. The original amount of the industrial loan” which has a carrying the original amount of $750,000. entire credit is $750,000 and the value on the June 30 report date of bank’s original share of this credit Case I: The bank’s loan system can $200,000 and this amount is was $75,000. Based on the entire provide aggregate individual included in Schedule RC-C, part I, amount of the credit that was borrower data without undue cost to item 4. The bank made this loan to originated by the other lender, the the reporting institution. The loan the borrower in the original amount loan would be considered a “loan to system indicates that this borrower’s of $250,000, so it would be a small business” and would be two loans have a combined original considered a “loan to a small reported in Schedule RC-C, part II. amount of $1,150,000 and therefore business” and would be reported in Because the original amount of the the loans would not be considered Schedule RC-C, part II. Because the entire credit is $750,000 which falls “loans to a small business” and original amount of the loan is exactly within the more than $250,000 would not be reported in Schedule $250,000 which is the upper end of through $1,000,000 range, the bank RC-C, part II. the more than $100,000 through would report the $55,000 amount $250,000 range, the bank would Case II: The bank’s loan system currently outstanding in part II, item report the $200,000 amount cannot provide aggregate individual 4.c, column B. currently outstanding in part II, item borrower data without undue cost to the reporting institution. Therefore, 4.b, column B. (6) The bank has another the borrower’s two loans would be “Commercial and industrial loan” (4) The bank has a second treated as separate loans for and it has a carrying value on the “Commercial and industrial loan” purposes of Schedule RC-C, part II. June 30 report date of $120,000. which has a carrying value on the Based on its $400,000 original This amount is included in Schedule June 30 report date of $90,000 and amount, the “Loan secured by RC-C, part I, item 4. This loan this amount is included in Schedule nonfarm nonresidential property” represents a participation RC-C, part I, item 4. The bank made would be considered a “loan to a purchased by the bank from another this loan to the borrower in the small business” and would be lender. The original amount of the original amount of $500,000 and reported in Schedule RC-C, part II. entire credit is $1,250,000 and the sold loan participations for $400,000 Because the original amount of the bank’s original share of this credit while retaining $100,000. loan falls within the more than was $250,000. Because the original

A Guide to CRA Data Collection and Reporting 55 Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

$250,000 through $1,000,000 two loans have a combined original one loan for purposes of part II, item range, the bank would report the amount of $310,000 and therefore 7.a, column A. $375,000 amount currently the two loans together would be (9) The bank has one final “Loan outstanding in part II, item 3.c, considered a single “loan to a small secured by farmland” which has a column B, and count this loan as farm” and would be reported in carrying value on the June 30 report one loan for purposes of part II, item Schedule RC-C, part II. Because the date of $5,000 and this amount is 3.c, column A. Since the original amount of the two combined included in Schedule RC-C, part I, “Commercial and industrial loan” is loans falls within the more than item 1.b. The bank made this loan to being handled separately and its $250,000 through $500,000 range, the borrower in the original amount original amount is $750,000, it the bank would report the $275,000 of $300,000, so it would be would also be considered a “loan to combined total of the amounts considered a “loan to a small farm” a small business” and would be currently outstanding for the two and would be reported in Schedule reported in Schedule RC-C, part II. loans in part II, item 7.c, column B, RC-C, part II. Because the original Because the original amount of this and count these two loans to the amount of the loan falls within the loan falls within the more than same borrower as one loan for more than $250,000 through $250,000 through $1,000,000 purposes of part II, item 7.c, $500,000 range, the bank would range, the bank would report the column A. report the $5,000 amount currently $650,000 amount currently Case II: The bank’s loan system outstanding in part II, item 7.c, outstanding in part II, item 4.c, cannot provide aggregate individual column B. column B, and count this loan as borrower data without undue cost to one loan for purposes of part II, item (10) The bank has granted a the reporting institution. Therefore, 4.c, column A. $150,000 line of credit to a farmer the borrower’s two loans would be that is not secured by real estate. (8) The bank has a “Loan secured treated as separate loans for The farmer has received advances by farmland (including farm purposes of Schedule RC-C, part II. twice under this line of credit and, residential and other improvements)” Based on its $260,000 original rather than having signed a single which has a carrying value on the amount, the first lien loan would be note for the entire $150,000 amount June 30 report date of $225,000. considered a “loan to a small farm” of the line of credit, has signed The bank made this loan to the and would be reported in Schedule separate notes for each advance. borrower in the original amount of RC-C, part II. Because the original One note is in the original amount of $260,000 and the loan is secured by amount of the loan falls within the $30,000 and the other is in the a first lien on the borrower’s more than $250,000 through original amount of $50,000. The farmland. The bank has a second $500,000 range, the bank would carrying values of the two notes on “Loan secured by farmland” to this report the $225,000 amount the June 30 report date are the same borrower and it is secured by currently outstanding in part II, item same as their original amounts and a second lien on the borrower’s 7.c, column B, and count this loan these amounts are included in property. This second lien loan has a as one loan for purposes of part II, Schedule RC-C, part I, item 3. For carrying value of $50,000 and the item 7.c, column A. Since the loans drawn down under lines of original amount of the loan is the second lien loan is being handled credit, the original amount of the same as its carrying value. The separately and its original amount is loan is the size of the line of credit carrying values of both loans (the $50,000, it would also be when it was most recently approved, $225,000 first lien loan and the considered a “loan to a small farm” extended, or renewed prior to the $50,000 second lien loan) are and would be reported in Schedule report date. In this case, the line of included in Schedule RC-C, part I, RC-C, part II. Because the original credit was most recently approved item 1.b. amount of this loan is less than for $150,000. $100,000, the bank would report the Case I: The bank’s loan system can $50,000 amount currently Case I: The bank’s loan system can provide aggregate individual outstanding in part II, item 7.a, provide aggregate individual borrower data without undue cost to column B, and count this loan as borrower data for multiple advances the reporting institution. The loan under lines of credit without undue system indicates that this borrower’s

A Guide to CRA Data Collection and Reporting 56 Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

cost to the reporting institution. the line of credit was most recently to the farmer under the line of credit Thus, even though a separate note approved for $150,000, this as one loan for purposes of part II, was signed each time the farmer $150,000 original amount for the line item 8.b, column A. borrowed under the line of credit, the of credit would be considered a “loan Case II: The bank’s loan system loan system combines all information to a small farm” that would be cannot provide aggregate individual about the farmer’s separate reported in Schedule RC-C, part II. borrower data for lines of credit borrowings under the line of credit. Therefore, the original amount of the without undue cost to the reporting Therefore, the loan system indicates line of credit falls within the more institution. Therefore, the farmer’s that the farmer has a line of credit for than $100,000 through $250,000 two notes under the line of credit $150,000 and that the amount range and the bank would report the would be treated as separate loans currently outstanding under the line $80,000 combined total of the for purposes of Schedule RC-C, part of credit for the combined carrying amounts currently outstanding for II. The original amount of the line of values of the two borrowings under the two notes in part II, item 8.b, credit is $150,000 and each of the the line of credit is $80,000. Because column B, and count these two notes two notes would be considered a “loan to a small farm” that would be reported in Schedule RC-C, part II. Because each of the two notes indicates that it is part of a $150,000 line of credit and the $150,000 original amount of the line of credit falls within the more than $100,000 through $250,000 range, the bank would report both the $30,000 and $50,000 amounts currently outstanding in part II, item 8.b, column B, and count these as two loans for purposes of part II, item 8.b, column A.

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

A Guide to CRA Data Collection and Reporting 57 Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

FFIEC 031 Page RC-8a 18a Schedule RC-C—Continued Part II. Loans to Small Businesses and Small Farms

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.

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 C418 ◄ amounts of $100,000 or less (If your bank has no loans outstanding in both of these two YES NO RCON loan categories, place an “X” in the box marked “NO.”) ...... 6999 1.

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. 2. Report the total number of loans currently outstanding for each of the Number of Loans RCON following Schedule RC-C, part I, loan categories: 0000 RCON a. “Loans secured by nonfarm nonresidential properties” in domestic 0000 RCON offi ces reported in Schedule RC-C, part I, item 1.e, column B 0000 RCON (Note: Item 1.e, column B, divided by the number of loans should 0000 RCON NOT exceed $100,000.)...... 5562 2.a. RCON b. “Commercial and industrial loans to U.S. addressees” in domestic 0000 RCON offi ces reported in Schedule RC-C, part I, item 4.a, column B 0000 RCON (Note: Item 4.a, column B, divided by the number of loans should 0000 RCON NOT exceed $100,000.)...... 5563 2.b.

(Column A) (Column B) Amount Currently Dollar Amounts in Thousands Number of Loans Outstanding 3. Number and amount currently outstanding of “Loans secured by Bil Mil Thou RCON RCON nonfarm nonresidential properties” in domestic offi ces reported in 0000 0000 RCON RCON Schedule RC-C, part I, item 1.e, column B (sum of items 3.a through 3.c 0000 0000 RCON RCON must be less than or equal to Schedule RC-C, part I, item 1.e, column B): 0000 0000 RCON RCON a. With original amounts of $100,000 or less ...... 5564 5565 3.a. RCON RCON b. With original amounts of more than $100,000 through $250,000 ...... 5566 5567 3.b. RCON RCON c. With original amounts of more than $250,000 through $1,000,000 ...... 5568 5569 3.c. RCON RCON 4. Number and amount currently outstanding of “Commercial and 0000 0000 RCON RCON industrial loans to U.S. addressees” in domestic offi ces reported in 0000 0000 RCON RCON Schedule RC-C, part I, item 4.a, column B (sum of items 4.a through 4.c 0000 0000 RCON RCON must be less than or equal to Schedule RC-C, part I, item 4.a, column B): 0000 0000 RCON RCON a. With original amounts of $100,000 or less ...... 5570 5571 4.a. RCON RCON b. With original amounts of more than $100,000 through $250,000 ...... 5572 5573 4.b. RCON RCON c. With original amounts of more than $250,000 through $1,000,000 ...... 5574 5575 4.c.

A Guide to CRA Data Collection and Reporting 58 Appendix B—Schedule RC-C, Part II. Loans to Small Businesses and Small Farms

FFIEC 031 Page RC-8b

Legal Title of Bank 18b

FDIC Certifi cate Number

Schedule RC-C—Continued Part II. Continued

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 YES NO RCON outstanding in both of these two loan categories, place an “X” in the box marked “NO.”)...... 6860 5.

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.

6. Report the total number of loans currently outstanding for each of the Number of Loans RCON following Schedule RC-C, part I, loan categories: 0000 RCON a. “Loans secured by farmland (including farm residential and other 0000 RCON improvements)” in domestic offi ces reported in Schedule RC-C, 0000 RCON part I, item 1.b, column B (Note: Item 1.b, column B, divided by 0000 RCON the number of loans should NOT exceed $100,000.) ...... 5576 6.a. RCON b. “Loans to fi nance agricultural production and other loans to farmers” in 0000 RCON domestic offi ces reported in Schedule RC-C, part I, item 3, column B 0000 RCON (Note: Item 3, column B, divided by the number of loans should 0000 RCON NOT exceed $100,000.)...... 5577 6.b.

(Column A) (Column B) Amount Currently Dollar Amounts in Thousands Number of Loans Outstanding 7. Number and amount currently outstanding of “Loans secured by Bil Mil Thou RCON RCON farmland (including farm residential and other improvements)” in 0000 0000 RCON RCON domestic offi ces reported in Schedule RC-C, part I, item 1.b, 0000 0000 RCON RCON column B (sum of items 7.a through 7.c must be less than or equal to 0000 0000 RCON RCON Schedule RC-C, part I, item 1.b, column B): 0000 0000 RCON RCON a. With original amounts of $100,000 or less ...... 5578 5579 7.a. RCON RCON b. With original amounts of more than $100,000 through $250,000 ...... 5580 5581 7.b. RCON RCON c. With original amounts of more than $250,000 through $500,000 ...... 5582 5583 7.c. RCON RCON 8. Number and amount currently outstanding of “Loans to fi nance 0000 0000 RCON RCON agricultural production and other loans to farmers” in domestic offi ces 0000 0000 RCON RCON reported in Schedule RC-C, part I, item 3, column B (sum of 0000 0000 RCON RCON items 8.a through 8.c must be less than or equal to Schedule RC-C, 0000 0000 RCON RCON part I, item 3, column B): 0000 0000 RCON RCON a. With original amounts of $100,000 or less ...... 5584 5585 8.a. RCON RCON b. With original amounts of more than $100,000 through $250,000 ...... 5586 5587 8.b. RCON RCON c. With original amounts of more than $250,000 through $500,000 ...... 5588 5589 8.c.

A Guide to CRA Data Collection and Reporting 59 Appendix C— Loans 3. For all other loans, the “original amount” is the total amount of the Thrift Financial to Small Businesses loan at origination or the amount Report and Small Farms currently outstanding as of the report date, whichever is larger. Instruction The following data is to be Manual completed for the savings The “amount outstanding” is the and Form association and its consolidated amount reported on Schedule SC as subsidiaries annually at June 30 to of the report date and should be comply with Section 122 of the FDIC Schedule SB— reported net of loans in process, Improvement Act. Consolidated Small Business Loans specific valuation allowances, and This schedule will not be completed yield adjustments (to the extent March 1998 if (a) the reporting association and its possible). consolidated subsidiaries have no loans reported on SC260, 300, 303, Report the actual number of loans. or 306; or (b) the only business loans Do not round to the nearest of the reporting association and its thousand. consolidated subsidiaries have Do not include loans to subsidiaries “original amounts” (as defined below) in excess of $1 million and/or the eliminated in consolidation. only farm loans have “original Except as noted below for amounts” (as defined below) in “corporate” or “business” credit card excess of $500 thousand. programs, when determining In reporting the number and amount “original amounts” and reporting the currently outstanding of business number and amount currently loans with “original amounts” of $1 outstanding for a category of loans million or less and farm loans with in this schedule, multiple loans to “original amounts” of $500 thousand one borrower should be combined or less, the following guidelines and reported on an aggregate should be used: basis rather than as separate individual loans, to the extent that 1. For loans drawn down under the loan systems in which the lines of credit or loan commit- reported data are maintained can ments, the “original amount” of provide aggregate individual the loan is the amount when the borrower data without undue cost to line of credit or loan commitment the association. However, if the was most recently approved, burden of such aggregation would extended, or renewed prior to the be excessive, the association may report date. However, if the report multiple loans to one amount currently outstanding as borrower as separate indvidual of the report date exceeds this loans. size, the “original amount” is the amount currently outstanding. An association that offers 2. For loan participations and “corporate” or “business” credit card syndications, the “original programs under which credit cards amount” of the loan participation are issued to one or more of a or syndication is the entire company’s employees for business- amount of the credit originated by related use should treat each the lead lender. company’s entire credit card

A Guide to CRA Data Collection and Reporting 60 Appendix C—Thrift Financial Report Instruction Manual and Form

program as a single extension of SB100: loans have “original amounts” (as credit. The credit limits for all of the Does the reporting association described above) of $100 thousand individual credit cards issued to the have any loans secured primarily or less, indicate “yes” and complete company’s employees should be by farms reported on SC260 or the following lines, 200 and 210, totaled, and this total should be any loans to finance agricultural only. Otherwise, indicate “no” and treated as the “original amount” of production or other loans to complete lines 300 through 450. the “corporate” or “business” credit farmers reported on SC300, 303, card program established for this or 306? SB200: company. The company’s program This question should be answered Number of loans reported on line should be reported as one loan and “Yes” only if the agricultural and farm SC260 the amount currently outstanding loans had original amounts, as Report the actual number (do not would be the sum of the credit card defined above, of $500 thousand or round to thousands) of loans balances as of the June 30 report less. reported on SC260 (Permanent date on each of the individual credit If yes, complete lines 300 through Mortgages on Nonresidential cards issued to the company’s 650 (do not complete 110 through Property). This line is only employees. However, when 210). If no, complete the following completed if line 100 is “no” and 110 aggregated data for each individual item, 110. is “yes”; i.e., all of the loans reported company is a “corporate” or on SC260, 300, 303, and 306 are “business” credit card program are SB110: nonfarm loans and substantially all not readily determinable from the Are all or substantially all of the of the “original amounts” of the loans association’s credit card records, the association’s commercial loans are $100 thousand or less. association should develop (Schedule SC lines 260, 300, 303, reasonable estimates of the number and 306) loans with original SB210: of “corporate” or “business” credit amounts of $100,000 or less? Number of loans reported on card programs in existence as of the If (a) the average size of the amount SC300, 303, and 306 report date, the “original amounts” of currently outstanding for your Report the actual number (do not these programs, and the “amounts association’s commercial, nonfarm round to thousands) of loans currently outstanding” of these loans reported on Schedule SC reported on SC300, 303, and 306 programs and should then report lines 260, 300, 303, and 306 is $100 (Nonmortgage Commercial Loans). information about these programs thousand or less and (b) your This line is only completed if line on the basis of its reasonable lending officers’ knowledge of your 100 is “no” and 110 is “yes”; i.e., all estimates. In no case should association’s loans or other relevant of the loans reported on SC260, individual credit cards issued to a information pertaining to commercial 300, 303, and 306 are nonfarm company’s employees under a loans indicates that all or loans and substantially all of the “corporate” or “business” credit card substantially all of the dollar volume “original amounts” of the loans are program be reported as separate of your association’s commercial $100 thousand or less. individual loans to small businesses.

Number and Amount Outstanding of Permanent Mortgage Loans Secured by Nonfarm, Nonresidential Properties Reported on SC260 Number of Loans with Original Amounts of: Outstanding Balance with Original Amounts of:

SB300: $100,000 or less SB310: $100,000 or less SB320: Greater than $100,000 thru $250,000 SB330: Greater than $100,000 thru $250,000 SB340: Greater than $250,000 thru $1 million SB350: Greater than $250,000 thru $1 million

A Guide to CRA Data Collection and Reporting 61 Appendix C—Thrift Financial Report Instruction Manual and Form

Number and Amount Outstanding of Nonmortgage, Nonagricultural Commercial Loans Reported on SC300, 303, and 306 Number of Loans with Original Amounts of: Outstanding Balance with Original Amounts of:

SB400: $100,000 or less SB410: $100,000 or less SB420: Greater than $100,000 thru $250,000 SB430: Greater than $100,000 thru $250,000 SB440: Greater than $250,000 thru $1 million SB450: Greater than $250,000 thru $1 million

Number and Amount Outstanding of Loans Secured Primarily by Farms Reported on SC260 Number of Loans with Original Amounts of: Outstanding Balance with Original Amounts of:

SB500: $100,000 or less SB510: $100,000 or less SB520: Greater than $100,000 thru $250,000 SB530: Greater than $100,000 thru $250,000 SB540: Greater than $250,000 thru $500,000 SB550: Greater than $250,000 thru $500,000

Number and Amount Outstanding of Nonmortgage, Commercial Loans to Finance Agricultural Production and Other Nonmortgage Commercial Loans to Farmers Reported on SC300, 303, and 306 Number of Loans with Original Amounts of: Outstanding Balance with Original Amounts of:

SB600: $100,000 or less SB610: $100,000 or less SB620: Greater than $100,000 thru $250,000 SB630: Greater than $100,000 thru $250,000 SB640: Greater than $250,000 thru $500,000 SB650: Greater than $250,000 thru $500,000

A Guide to CRA Data Collection and Reporting 62 Appendix C—Thrift Financial Report Instruction Manual and Form

For informational purposes only: not for data entry Office of Thrift Supervision

Association ______2000 Thrift Financial Report Docket Number ______Schedule SB — Consolidated Small Business Loans Report Date ______, 2000

The following data is to be completed annually at June 30 to comply with Section 122 Annually of the FDIC Improvement Act:

Loans to Small Businesses and Small Farms: Does the reporting association have any loans secured primarily by farms reported on SC260 or any loans to finance agricultural production or other loans to farmers Line Yes No reported on SC300, 303, or 306? ...... SB100

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, Yes No 300, 303, and 306) loans with original amounts of $100,000 or less?...... SB110

If 110 is yes, complete the following lines, 200 and 210, only. If no, complete lines 300 through 450, only.

Number of loans reported on lines: Actual Number SC260...... SB200 SC300, 303, and 306...... SB210 Outstanding Number and amount outstanding of permanent mortgage Number of Loans Balance loans secured by nonfarm, nonresidential properties reported on SC260: (Report in Thousands of Dollars) With original amounts of: Actual Number Bil Mil Thou $100,000 or less...... SB300 SB310 Greater than $100,000 thru $250,000...... SB320 SB330 Greater than $250,000 thru $1 million...... SB340 SB350

Number and amount outstanding of nonmortgage, nonagricultural commercial loans reported on SC300, 303, and 306: With original amounts of: $100,000 or less...... SB400 SB410 Greater than $100,000 thru $250,000...... SB420 SB430 Greater than $250,000 thru $1 million...... SB440 SB450

Number and amount outstanding of loans secured primarily by farms reported on SC260: With original amounts of: $100,000 or less...... SB500 SB510 Greater than $100,000 thru $250,000...... SB520 SB530 Greater than $250,000 thru $500,000...... SB540 SB550

Number and amount outstanding of nonmortgage, commercial loans to finance agricultural production and other nonmortgage commercial loans to farmers reported on SC300, 303, and 306: With original amounts of: $100,000 or less...... SB600 SB610 Greater than $100,000 thru $250,000...... SB620 SB630 Greater than $250,000 thru $500,000...... SB640 SB650

A Guide to CRA Data Collection and Reporting 63 Appendix D— For census information, contact a Kansas City regional office of the Bureau of the (913) 551-6728 U.S. Census Census as indicated below. The list Arkansas, Iowa, Kansas, Minnesota, shows the states covered by each Bureau Missouri, Oklahoma Regional Offices regional office. Los Angeles Atlanta (818) 904-6393 (404) 730-3832 Southern California (Fresno, Alabama, Florida, Georgia Imperial, Inyo, Kern, Kings, Los To place an order for any Angeles, Madera, Mariposa, Merced, census product, contact: Boston Monterey, Orange, Riverside, San Bernardino, San Diego, San Benito, Customer Services Center (617) 424-0500 San Luis Obispo, Santa Barbara, Bureau of the Census Connecticut, Massachusetts, Maine, Tulare, and Ventura counties), Washington, DC 20233 New Hampshire, New York Hawaii (301) 457-4100 (excluding New York City and Nassau, Rockland, Suffolk, and New York For the FIPS PUB 8-5, Westchester counties), Puerto Rico, (212) 264-3860 containing information about Rhode Island, Vermont MSAs, contact: New Jersey (including only Bergen, Essex, Hudson, Morris, Middlesex, National Technical Information Charlotte Passaic, Somerset, Sussex, Union, Service (704) 344-6142 and Warren counties), New York U.S. Department of Commerce Kentucky, North Carolina, South (including only New York City and 5285 Port Royal Road Carolina, Tennessee, Virginia Nassau, Rockland, Suffolk, and Springfield, VA 22161 Westchester counties) (703) 487-4650 Chicago Philadelphia (708) 562-1350 (215) 656-7550 Illinois, Indiana, Wisconsin District of Columbia, Delaware, Maryland, New Jersey (all counties Dallas except those listed under New York), (214) 640-4400 Pennsylvania Louisiana, Mississippi, Texas Seattle

Denver (206) 553-5837 (303) 969-6750 Alaska, Northern California (all counties except those listed under Arizona, Colorado, Montana, Los Angeles), Idaho, Oregon, Nebraska, Nevada, New Mexico, Washington North Dakota, South Dakota, Utah, Wyoming

Detroit (313) 259-1158 Michigan, Ohio, West Virginia

A Guide to CRA Data Collection and Reporting 64