228 loan - An Overview
228 loan - An Overview
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The Board evaluates a little lender's report of helping to satisfy the credit rating demands of its overall Local community pursuant for the Tiny Bank Lending Examination as delivered in paragraph (a)(two) of this segment, Unless of course the little financial institution opts being evaluated pursuant on the Retail Lending Check in § 228.22.
Pursuant to § 228.28 and appendix C to this part, the Board assigns conclusions for the financial institution's Retail Providers and Goods Examination general performance in Just about every facility-primarily based evaluation area, Condition and multistate MSA, as applicable, and to the establishment.
Apart from a little financial institution that opts to become evaluated pursuant into the Retail Lending Test in § 228.22, the Board assigns conclusions for your effectiveness of a little lender evaluated underneath this part as provided in appendix E to this portion.
(iii) An inventory displaying Just about every census tract in which the bank noted a small enterprise loan or a little farm loan;
The Minimal Purpose Lender Group Enhancement Funding Metric steps the dollar volume of a financial institution's Neighborhood progress loans and Group enhancement investments that profit or provide all or Element of the nationwide place compared to the bank's belongings calculated pursuant to paragraph III.a of appendix B to this portion.
The Board considers the weighted typical on the efficiency scores equivalent to the lender's Local community Growth Financing Check conclusions for its facility-centered assessment regions within the Point out, pursuant to section IV of appendix B to this portion.
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(B) For every of the lender's facility-primarily based assessment areas inside a nonmetropolitan place, the Nonmetropolitan Nationwide Group Development Funding Benchmark steps the greenback quantity of community advancement loans and Local community enhancement investments that advantage or provide nonmetropolitan locations during the nationwide space for all large depository institutions when compared with deposits situated in nonmetropolitan parts in the nationwide spot for all substantial depository establishments.
The minimal intent lender's Group enhancement funding overall performance in all of its facility-based mostly assessment spots; and
The bank allocates the deposits for which a deposit place isn't accessible to the nationwide place. Yearly deposits should be calculated according to average day by day balances as supplied in statements for example every month or quarterly statements. Some other financial institution that opts to gather and keep the data During this paragraph (a)(7) ought to achieve this in exactly the same type and for the same duration as described in this paragraph (a)(7).
(B) In 5 calendar times in the request, all the data that the financial institution is necessary to maintain beneath this part in the public file concerning the facility-dependent evaluation space where the department is situated.
) Any boost in the calendar 12 months to an current Neighborhood improvement loan that's refinanced or renewed or to an existing Local community growth financial commitment that is certainly renewed;
Pursuant to § 228.28 and appendix C to this portion, the Board assigns conclusions for the bank's Group Enhancement Expert services Check functionality in Every single facility-primarily based evaluation region, each Condition or multistate MSA, as relevant, and for your institution.
The Board considers the weighted average of the overall performance scores equivalent to the financial institution's Community Enhancement Funding Check conclusions for its facility-based evaluation places throughout the multistate MSA, calculated pursuant to section IV read more of appendix B to this section.