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This document evaluates the Community Reinvestment Act (CRA) performance of Texas Heritage Bank, determining its record in meeting the credit needs of its community, particularly for low- and moderate-income

How to fill out small institution performance evaluation

How to fill out Small Institution Performance Evaluation

1. Gather necessary documents and data related to the institution's performance.
2. Review the guidelines provided for the Small Institution Performance Evaluation.
3. Start filling out the evaluation form by entering basic information about the institution, such as name, address, and contact information.
4. Proceed to the specific performance metrics, providing quantitative and qualitative data as required.
5. Ensure each section is completed accurately, referencing supporting documents where applicable.
6. In case of any unclear questions, consult the instruction manual or seek clarification from relevant officials.
7. Review the entire evaluation for completeness and accuracy before submission.
8. Submit the evaluation form by the specified deadline.

Who needs Small Institution Performance Evaluation?

1. Small financial institutions seeking to evaluate their performance and compliance.
2. Regulatory agencies that require performance evaluations for oversight.
3. Stakeholders interested in assessing the financial health and operational effectiveness 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 (SIPE) is a review process used to assess the performance of smaller financial institutions, particularly focusing on their compliance with applicable regulations and their overall effectiveness in serving their communities.

Who is required to file Small Institution Performance Evaluation?

Small financial institutions that fall within specific asset size thresholds and are subject to regulatory oversight are required to file a Small Institution Performance Evaluation.

How to fill out Small Institution Performance Evaluation?

To fill out a Small Institution Performance Evaluation, institutions must gather relevant data, follow the provided guidelines and instructions, complete the required sections accurately, and submit the evaluation to their regulatory authority.

What is the purpose of Small Institution Performance Evaluation?

The purpose of the Small Institution Performance Evaluation is to evaluate the institution's performance in areas such as lending, service, and compliance, ensuring it meets regulatory standards and effectively serves its local community.

What information must be reported on Small Institution Performance Evaluation?

The Small Institution Performance Evaluation requires reporting information on the institution's lending practices, community service efforts, compliance with regulations, financial condition, and other relevant metrics that reflect its performance and community impact.