Posted By: CRAzy_lady
Assessment Area - 03/19/19 02:22 PM
I have a couple of questions regarding the bank's assessment area...
1. Currently, our bank's assessment area consists of counties in three states and three MSAs. We only include counties where we have a branch, so we don't include whole MSAs in our AA, rather only the counties in each MSA where we have branches. Is this ok?
2. In my board reports, I have broken our AA into smaller AAs according to the region/state they're located in. My logic was that it would provide better information for our regional managers. Now I am questioning myself, since examiners won't necessarily conduct our evaluation according to these delineations. I've looked back over the past couple of PEs and the areas assessed weren't exactly the same (even though our AA has stayed mostly the same). Is there any guidance available for understanding how best to delineate AAs for internal reporting purposes? We are regulated by FRB.
1. Currently, our bank's assessment area consists of counties in three states and three MSAs. We only include counties where we have a branch, so we don't include whole MSAs in our AA, rather only the counties in each MSA where we have branches. Is this ok?
2. In my board reports, I have broken our AA into smaller AAs according to the region/state they're located in. My logic was that it would provide better information for our regional managers. Now I am questioning myself, since examiners won't necessarily conduct our evaluation according to these delineations. I've looked back over the past couple of PEs and the areas assessed weren't exactly the same (even though our AA has stayed mostly the same). Is there any guidance available for understanding how best to delineate AAs for internal reporting purposes? We are regulated by FRB.