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This document is an evaluation of the Community Reinvestment Act (CRA) performance of First State Bank of Matador, assessing its record in meeting the credit needs of its community, including low-

How to fill out small institution performance evaluation

How to fill out Small Institution Performance Evaluation

1. Gather all necessary financial documents and performance records for the evaluation period.
2. Review the criteria set by the regulatory body for the evaluation.
3. Fill out the basic information section, including institution name and contact details.
4. Complete the financial performance section by inputting income, expenses, and net assets.
5. Assess and document the institution's compliance with regulations and standards.
6. Highlight any significant achievements or improvements made during the evaluation period.
7. Provide supporting evidence or documentation for claims made in the evaluation.
8. Review the completed evaluation for accuracy and completeness before submission.

Who needs Small Institution Performance Evaluation?

1. Small financial institutions that are subject to regulatory oversight and performance assessment.
2. Management and staff who need to understand the institution’s performance for strategic planning.
3. Regulatory authorities requiring performance data for compliance purposes.
4. Stakeholders and investors interested in the financial health and impact of the institution.

People Also Ask about

What are the three tests for CRA?

The large bank performance criteria — the lending, investment, and service tests — cover all banks with assets of $250 million or more and banks, regardless of asset size, owned by holding companies with total bank and thrift assets of $1 billion or more unless they requested designation and received approval as

What is the CRA test?

The VitalScan coronary artery respiratory assessment (CRA) enables cardiologists to detect early-stage CAD in order to prescribe treatment, lifestyle changes and pharmaceutical interventions. VitalScan CRA testing can easily be performed in a standard office, hospital or clinic setting.

What are the three tests used in a CRA examination?

Streamlined procedures with an emphasis on lending were adopted for small institutions, while large banks are evaluated under a three-part lending, service and investment test. Wholesale and limited purpose banks are evaluated under a community development test.

How are small banks evaluated for CRA?

Evaluate whether the institution's average net loan-to- deposit ratio is reasonable in light of information from the performance context including, as applicable, the institution's capacity to lend, the capacity of other similarly-situated institutions to lend in the assessment area(s), demographic and economic factors

Which of the following performance tests are small banks required to be examined under?

The Lending Test for Small banks. The Lending Test is the only test a Small bank is required to complete. Just like it sounds, this test is all about the bank's lending performance. Specifically, this test examines a bank's applicable home mortgage loans, small business loans, and small farm loans.

How often is a CRA exam?

How often does the OCC conduct a CRA examination? CRA RatingAggregate AssetsExamination Period* Outstanding $250 million or less No sooner than 60 months after the most recent examination Satisfactory $250 million or less No sooner than 48 months after the most recent examination

What is the CRA service test?

The 1977 Community Reinvestment Act (CRA), originally enacted by Congress to combat credit "redlining" in low- and moderate-income neighborhoods, includes a "service test" that could provide powerful incentives to financial institutions for improving retail banking services for low-income unbanked and underbanked

What are the 4 areas of CRA?

Those four areas include Affordable Housing, Community Services, Economic Development, and Revitalization/Stabilization or rather fighting blight.

For pdfFiller’s FAQs

What is Small Institution Performance Evaluation?

The Small Institution Performance Evaluation is a regulatory assessment process designed to evaluate the performance of small financial institutions in key areas such as lending, investment, and service to their communities.

Who is required to file Small Institution Performance Evaluation?

Small financial institutions, typically those with assets below a certain threshold defined by regulatory agencies, are required to file a Small Institution Performance Evaluation.

How to fill out Small Institution Performance Evaluation?

To fill out the Small Institution Performance Evaluation, institutions must gather relevant data on their lending activities, community investments, and service offerings, and then complete the evaluation form according to the guidelines provided by regulatory bodies.

What is the purpose of Small Institution Performance Evaluation?

The purpose of the Small Institution Performance Evaluation is to ensure that small financial institutions are meeting the credit needs of their communities and complying with applicable regulations.

What information must be reported on Small Institution Performance Evaluation?

The information that must be reported includes data on loan origination, community investment activities, the demographic makeup of the institution's service areas, and any services offered to support community development.