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Joint Release
Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation Office of the Comptroller of the Currency NR 2012-175
FOR IMMEDIATE RELEASE December 19, 2012 Agencies Release Annual CRA Asset-Size Threshold Adjustments for Small and Intermediate Small InstitutionsWASHINGTON—The federal bank regulatory agencies today announced the annual adjustment to the asset-size thresholds used to define small bank, small savings association, intermediate small bank, and intermediate small savings association under the Community Reinvestment Act (CRA) regulations. The annual adjustments are required by the CRA rules. Financial institutions are evaluated under different CRA examination procedures based upon their asset-size classification. Those meeting the small and intermediate small asset-size threshold are not subject to the reporting requirements applicable to large banks. Annual adjustments to these asset-size thresholds are based on the change in the average of the Consumer Price Index (CPI) for urban wage earners and clerical workers, not seasonally adjusted, for each 12-month period ending in November, with rounding to the nearest million.
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