Posted By: wblewis935
Data Collection/Reporting - 02/08/18 06:18 PM
Hey all!
When you gather data to report for CRA, do you nearly exclusively use call report codes 1e1, 1e2, and 4 for small business and 1b and 3 for small farm?
I think we may have gotten too complicated in how we gather what loans to report. Unless it is a community development loan, it would have to be one of those 5 call report codes, correct?
In other words, all CRA Loan type 1 - Small Business loans MUST have a call report code of either 1E1, 1E2, or 4 as the call report defines them. (assuming the original loan amount is $1MM or less, of course) Am I thinking through this correctly?
Any ideas on how you collect that data is also welcome
When you gather data to report for CRA, do you nearly exclusively use call report codes 1e1, 1e2, and 4 for small business and 1b and 3 for small farm?
I think we may have gotten too complicated in how we gather what loans to report. Unless it is a community development loan, it would have to be one of those 5 call report codes, correct?
In other words, all CRA Loan type 1 - Small Business loans MUST have a call report code of either 1E1, 1E2, or 4 as the call report defines them. (assuming the original loan amount is $1MM or less, of course) Am I thinking through this correctly?
Any ideas on how you collect that data is also welcome