What we’re doing to improve our neighborhood:

Impacts we track:

Small Business Administration (SBA) Loans
Loans to minority and women-owned businesses
Affordable Housing Units Developed
Loans to Non-Profits
Jobs Created/Retained

Neighborhood National Bank’s (NNB) Community Reinvestment Act (CRA) Assessment Area (A.A.) consists of 221 Census Tracts in San Diego County.  The tables below summarize NNB’s impacts within those communities.


Type of Loans

Number or Percentage of Loans

Dollar Amount

Total Loans NNB Made

153 (98.04% were made in San Diego County)

$40,310,335

Loans made by NNB in 2006 in our CRA Assessment Area:

 

In CRA Assessment Area

 

There were 109 Total Loans
71.24 % of loans in SD County

 

$24,543,847 Total

A.A. Business Loans

57 Loans

  • 38 were to small business < $1MM
  • 23 loans were U.S. SBA Guaranteed to businesses of various sizes.
  • Other loans were to start-ups or larger businesses

$10,543.828

Consumer Loans

39 Loans

$2,702,119

Real Estate Loans

13 Loans
Out of that:

  • 10 single family residences and 20 apartment units constructed or purchased
  • 9 Commercial RE loans in A.A. for retail, office, industrial building purchase or finance.

$11,314,900


 

Affordable Housing Loans Made In
Low to Moderate Income Census Tracks
January 2003 through December 2006

Type

Number of Loans

Single Family Residences

97

Apartments

102

Condos

41

TOTAL

240

Encompasses:  Central, Mid and Southeast San Diego City, National City, Chula Vista, Lemon Gove, El Cajon and the areas of Spring Valley and Rancho San Diego.

 

Since our inception to May 2006, NNB has made 45 loans to non-profit organizations totaling over $10 Million, with the average non-profit loan being approximately $230,000. The table below summarizes the 9 different non-profit sectors NNB has impacted:


Type of Loan
Religious Organizations

Amount of Loan
$5,664,991

Social Advocacy Organizations

$2,536,828

Administration of Housing Programs

$1,154,750

Business Association

$353,331

Child Day Care

$293,700

Labor Unions

$105,073

Technical/Trade Schools

$100,000

Civic/ Social Organizations

$100,000

Other Individual / Family Services

$39,200

As summarized in the table below, NNB is a Preferred SBA Lender (PLP), during the period of 10/1/05 – 9/30/06, NNB ranked 11th in number of loans out of 82 SBA Lenders that operate through the San Diego SBA Office.

 

Lender Performance Ranking in Fiscal Year 10/1/05 – 9/30/06
Out of 82 Financial Institutions working through the SBA, NNB Ranks:

11th in Number of total Loans
9th in Dollar Amount of Loans
16th in # of Loans to Women-Owned Businesses
11th in Dollar Amount of Loans given to Minority-Owned Businesses
An average of 341 Jobs were created/retained from
the number of SBA Loans made.

This page is updated regularly.