The regulations implementing the Community Reinvestment Act require large financial institutions to collect, maintain and report the property location information (MSA or MD/State/County/Census Tract) for their small business loans, small farm loans, and the assessment area(s) that the institution serves.
Small farm and small business loans MUST contain a valid MSA or MD/State/County/Census Tract combination. If the property is located outside of an MSA or MD, then "NA" should be reported in the MSA/MD field.
Explanation of Assessment Area Edits
The assessment area may be reported by census tract; however, it is permitted to report the assessment area property location information at a summary level. "NA" in the MSA/MD field represents an area outside of any metropolitan statistical area. "NA" in the state, county, or census tract field(s) represents the defined area (state, county, or census tract) in its entirety. For example, an NA entry in the census tract field represents all census tracts for the MSA or MD/state/county combination represented.
Below are the examples of how the property location information can be reported on the assessment area record. Assume that each of these examples are individual assessment areas. The combinations reported in these examples represent MSA or MD/State/County/Census Tract combinations.
+/- : Include/Exclude Property Locations in the Assessment Area
To include or exclude property locations in the assessment area, a "+" or "-" is required in the field prior to the property location fields. The "+" indicates that the forthcoming property location is to be included in the assessment area. The "-" represents an exclusion from the assessment area.
Examples: Reporting Assessment Areas Using Includes and Excludes
The following examples illustrate how assessment areas should be reported.
Include/Exclude (+/-) | MSA/MD | State | County | Census Tract |
---|---|---|---|---|
+ | 12060 | NA | NA | NA |
Include/Exclude (+/-) | MSA/MD | State | County | Census Tract |
---|---|---|---|---|
+ | 12060 | NA | NA | NA |
- | 12060 | 13 | 151 | NA |
Include/Exclude (+/-) | MSA/MD | State | County | Census Tract |
---|---|---|---|---|
+ | 12060 | NA | NA | NA |
- | 12060 | 13 | 151 | NA |
- | 12060 | 13 | 063 | NA |
- | 12060 | 13 | 067 | NA |
Include/Exclude (+/-) | MSA/MD | State | County | Census Tract |
---|---|---|---|---|
+ | 12060 | 13 | 089 | NA |
Include/Exclude (+/-) | MSA/MD | State | County | Census Tract |
---|---|---|---|---|
+ | 12060 | 13 | 089 | 0212.13 |
+ | 12060 | 13 | 089 | 0214.05 |
+ | 12060 | 13 | 089 | 0215.01 |
+ | 12060 | 13 | 089 | 0217.06 |
Include/Exclude (+/-) | MSA/MD | State | County | Census Tract |
---|---|---|---|---|
+ | 12060 | 13 | 151 | NA |
- | 12060 | 13 | 151 | 0701.01 |
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Last Modified:
03/10/2009 2:33 PM