Yesterday the agencies released the annual Community Reinvestment Act (CRA) asset-size thresholds for 2021. Banks are evaluated under different CRA examination procedures depending on their asset-size classification.  The below changes to the definitions of small and intermediate small institutions for CRA examinations are effective January 1, 2021.

Small Bank – an institution that, as of December 31 of either of the prior two calendar years, had assets of less than $1.322 billion.

Intermediate Small Bank – a small institution with assets of at least $330 million as of December 31 of both of the prior two calendar years and less than $1.322 billion as of December 31 of either of the prior two calendar years.

You can read the press release or view historical asset-size threshold tables here. 

Please reach out to CCI for any questions regarding your bank’s CRA program.

Sincerely,

Sarah Smith, CRCM, CAFP