Lastly, regarding the application review process, the CRA15 performance evaluation (CRA PE)
for CBC performed in late 1999, prior to the acquisition of MTB Bank, did not reflect the bank's
actual performance. Instead the rating was based on the bank's performance context16 and future
projections of performance. Because the majority of the bank's lending was outside of its
assessment areas by design, in the OIG’s view, the lending appeared not to meet the conditions