§__.26(a)(2) Intermediate Small Institution Determination

§__.26(a)(2) – 1

Q: When is an institution examined as an intermediate small institution?

A1. When a small institution has met the intermediate small institution asset threshold delineated in 12 CFR .12(u)(1) for two consecutive calendar year-ends, the institution may be examined under the intermediate small institution examination procedures. The regulation does not specify an additional lag period between becoming an intermediate small institution and being examined as an intermediate small institution, as it does for large institutions, because an intermediate small institution is not subject to CRA data collection and reporting requirements. Institutions should contact their primary regulator for information on examination schedules.


Source: Interagency Questions & Answers Regarding Community Reinvestment | July 2016

Last modified April 28, 2023