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ANNUAL REPORT 2022Board of Directors John W. BordelonHome Banks footprint is connected by more than just roadways. Daniel G. Goodly Secretary. Scott Ballard Paul J. Blanchet, III John A. Hendry Chris
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The home bank's footprint refers to the geographical presence and operational impact of a bank within specific regions, highlighting its locations, customer base, and overall reach.
Financial institutions, particularly banks operating in multiple jurisdictions, are required to file their home bank's footprint to ensure compliance with regulatory requirements.
To fill out the home bank's footprint, institutions must gather data regarding their locations, assets, and customer demographics, typically using a standardized reporting format as specified by regulatory authorities.
The purpose of the home bank's footprint is to provide regulators and stakeholders with an understanding of the bank's operational scope, market presence, and potential systemic risk.
Information required includes the number of branches, total assets, customer demographics, and geographical distribution of services offered by the bank.
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