FFIEC Announces Availability of Data on Community Development Lending
July 28, 2004
Circular No. 11630

To All Depository Institutions and Others Concerned in the Second Federal Reserve District:

In a press release, the Federal Financial Institutions Examinations Council (FFIEC) announced the availability of data on small business, small farm, and community development lending reported by certain commercial banks and thrifts.

The regulations that implement the Community Reinvestment Act (CRA) require the reporting of data on these types of lending by independent commercial banks and savings associations having total assets of $250 million or more, and by commercial banks and savings associations of any size owned by a holding company having assets of $1 billion or more.

The 2003 CRA data reflect originations and purchases of small business, small farm, and community development loans from 2,103 institutions. The data include information on loans originated or purchased, not on applications that are denied by the institution or withdrawn by the applicant. The CRA data are not reported on an application-by-application basis; rather, the CRA data are aggregated into three loan-size categories and then reported at the census tract level.

The FFIEC has disclosure statements from the reported 2003 CRA data, in electronic form, for each reporting commercial bank and savings association. The FFIEC has also prepared aggregate disclosure statements of small business and small farm lending for each of the metropolitan statistical areas and each of the non-metropolitan counties in the United States and its territories. Access the FFIEC website for CRA data, information on central depository locations, and for order forms.

Press release OFFSITE
Fact Sheet on 2003 CRA data OFFSITE
CRA data order form OFFSITE PDF

Robert Gutierrez
Examining Officer
Legal and Compliance Risk Department