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Federal Deposit Insurance Corporation Washington, D.C. 20429FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). (Print or Type
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The President - Community Bank is a regulatory report that assesses the financial position and operational aspects of community banks, typically focusing on governance and management practices.
Community banks, or financial institutions operating at the local level with a significant portion of their assets deployed in the community, are required to file the President - Community Bank report.
To fill out the President - Community Bank report, institutions should provide detailed information about their governance structure, risk management practices, financial performance, and any regulatory compliance issues.
The purpose of the President - Community Bank report is to ensure that community banks maintain sound management practices, uphold regulatory standards, and remain financially healthy to serve their communities effectively.
The report must include financial statements, governance policies, risk assessments, compliance records, and other relevant operational information.
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