SECTION 2: execuTIve summaryNCIF has a mission of increasing the availability of responsibly-priced financial products and services in underserved and low- and moderate-income (LMI) markets to catalyze the economic development of those communities across the country. To meet this mission, NCIF works with mission-oriented financial institutions (MOFIs) — primarily banks — across three business lines: Investments to the institutions through equity investments or deposits Lending to impactful projects working with bank partners Research to support mission-oriented banks and attract additional capital to the industry To date, NCIF has invested in more than 55 institutions operating in LMI and underserved communities — creating social impacts while also generating competitive financial returns. To understand the social returns of its investments, NCIF has created a series of Social Performance Metrics that serve as proxies for the impact of an institution. NCIF's existing bank portfolio demonstrates exceptional social performance, with a median Development Lending Intensity (DLI) of 65% and a Development Deposit Intensity (DDI) of 86% — both of which surpass the performance of the majority of banks in the country. Additionally, investee banks have a median Mission Intensity score of 84%, demonstrating an exceptional commitment to lending that supports their community and economic development missions.