Small bank definition

Small bank or “small saving association” means an institution that, as of December 31 of either of the prior two calendar years, had assets of less than $1.098 billion.
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Small bank means a bank that is a small bank under federal administrative rules established by the bank's primary federal financial supervisory agency pursuant to the federal Community Reinvestment Act and an intermediate small bank means a bank that is an intermediate small bank under federal administrative rules established by the bank's primary federal financial supervisory agency pursuant to the federal Community Reinvestment Act.
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Small bank means a bank that, as of December 31 of either of the prior two calendar years, had assets of less than $1.252 billion. (Asset size effective January 1, 2018.)
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Examples of Small bank in a sentence

  • Small bank activities in these areas accounted for 42 percent of the total amount for ‘Commercial Real Estate Loans and Project Investments,’ and 31 percent for ‘Small Business Loans and Project Investments’ during the study period (Table 2).

  • Small bank exemptions would also be ex- tremely harmful to communities because they eliminate community reinvestment re- quirements for most of the banks in the country.

Related to Small bank

  • shell bank means a bank which is incorporated in a country where it has no physical presence and is unaffiliated to any regulated financial group.

  • Small brewer means a brewer who manufactures less than 60,000 barrels of beer, heavy beer, and flavored malt beverages per year.

  • Small business means a business that is a continuing, independent, for profit business which performs a commercially useful function with residence in Tennessee and has total gross receipts of no more than ten million dollars ($10,000,000) averaged over a three-year period or employs no more than ninety-nine (99) persons on a full-time basis.

  • Small business firm means a small business concern as defined at section 2 of Pub. L. 85-536 (15 U.S.C. 632) and implementing regulations of the Administrator of the Small Business Administration. For the purpose of this clause, the size standards for small business concerns involved in Government procurement and subcontracting at 13 CFR 121.3-8 and 13 CFR 121.3-12, respectively, will be used.

  • Foreign Shell Bank means a Foreign Bank without a presence in any country;