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Federal Reserve Release
H.2
Actions of the Board, Its Staff,
and the Federal Reserve Banks;
Applications and Reports Received
No. 51
Week Ending December 18, 2010
Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2
Board Actions
December 12,2010 to December 18,2010
Bank Holding Companies
Caja de Ahorros de Valencia, Castellon y Alicante, Bancaja, Valencia, Spain, and
Banco Financiero y de Ahorros, S.A., Madrid — to acquire Caja de Ahorros y Monte
de Piedad de Madrid, Madrid, and its subsidiary bank, City National Bank of Florida,
Miami, Florida; and temporary exemption to engage in nonbanking activities in the
United States as a result of the acquisition through an integration transaction
involving seven savings banks in Spain.
- Approved, December 16, 2010
Forms
Forms — final Board review (1) to extend without revision the Report of Net Debit
Cap (FR 2226) and (2) to extend with clarification the Statement of Purpose for an
Extension of Credit by a Creditor (FR T-4), Statement of Purpose for an Extension of
Credit Secured by Margin Stock (FR U-l), Statement of Purpose for an Extension of
Credit Secured by Margin Stock by a Person Subject to Registration Under
Regulation U (FR G-3), Registration Statement for Persons Who Extend Credit
Secured by Margin Stock (Other Than Banks, Brokers, or Dealers) (FR G-l),
Deregistration Statement for Persons Registered Pursuant to Regulation U (FR G-2),
and Annual Report (FR G-4).
- Approved, December 16, 2010
Forms — initial Board review (1) to extend without revision the Annual Daylight
Overdraft Capital Report for U.S. Branches and Agencies of Foreign Banks
(FR 2225), Financial Statements for a Bank Holding Company Subsidiary Engaged
in Bank-Ineligible Securities Underwriting and Dealing (FR Y-20), International
Applications and Prior Notifications Under Subparts A and C of Regulation K
(FR K-l), International Applications and Prior Notifications Under Subpart B of
Regulation K (FR K-2), and Application for a Foreign Organization to Acquire a
U.S. Bank or Bank Holding Company (FR Y-3F); (2) to extend with revision the
Consumer Satisfaction Questionnaire, the Federal Reserve Consumer Help (FRCH) Consumer Survey, and Consumer Online Complaint Form (FR 1379a, b, and c) and
Bank Holding Company Application and Notification Forms (FR Y-3, Y-3N, and
Y-4); and (3) to implement the Payments Systems Surveys (FR 3054a, b, c, and d).
- Proposed, December 16, 2010
(A/C) = Addition or Correction
Board - Page 1 of
3
H.2
Board Actions
December 12,2010 to December 18,2010
Personnel
Division of Information Technology — appointment of Kofi A. Sapong and Lisa M.
Bell as deputy associate directors; William K. Dennison, Sheryl L. Warren,
Kassandra A. Quimby, and Marietta Murphy as assistant directors; and Pokyung Kim
as senior adviser.
- Announced, December 16, 2010
Division of International Finance — appointment of Beth Anne Wilson as assistant
director, Jane Haltmaier as senior adviser, and Sally M. Davies as adviser.
- Announced, December 15, 2010
Management Division — appointment of Donald A. Spicer as acting director and
H. Fay Peters as senior adviser.
- Announced, December 16,2010
Regulations and Policies
Market Risk Capital Rule — publication for comment of interagency amendments
revising the market risk capital rule.
- Announced, December 15, 2010
Regulation BB (Community Reinvestment) —finalinteragency rule revising the term
"community development" in the Community Reinvestment Act regulations to
include loans, investments, and services that benefit certain areas designated by the
Department of Housing and Urban Development under the Neighborhood
Stabilization Program.
- Announced, December 15, 2010
Regulation II (Debit Card Interchange Fees and Routing) — publication for comment
of proposed rule that would establish debit card interchange fee standards and
prohibit network-exclusivity arrangements and routing restrictions.
- Approved, December 16, 2010
(A/C) = Addition or Correction
Board - Page 2 of
3
H.2
Board Actions
December 12,2010 to December 18,2010
Regulations and Policies
Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) ~
publication for comment of amendments to implement a provision of the Dodd-Frank
Act that increases the dollar thresholds for exempt consumer credit transactions and
consumer leases from $25,000 to $50,000, with future annual increases to reflect any
increase in the CPI.
- Announced, December 13, 2010
Risk-Based Capital — publication for comment of interagency amendments revising
(1) the advanced approaches rule for consistency with certain provisions of the
Dodd-Frank Act and (2) the general risk-based capital rules to provide limited
flexibility, consistent with the act, for recognizing the relative risk of certain assets
generally not held by depository institutions.
- Announced, December 15, 2010
Enforcement
The Park Avenue Bank, Valdosta, Georgia — issuance of a prompt corrective action
directive with the consent of the bank.
- Announced, December 16,2010
Weststar Financial Services Corporation, Asheville, North Carolina — written
agreement with the Federal Reserve Bank of Richmond.
- Announced, December 14, 2010
(A/C) = Addition or Correction
Board - Page 3 of
3
H.2
Actions under delegated authority
BS&R Banking Supervision and Regulation
C&CA Consumer and Comminity Affairs
FOMC Federal Open Market Committee
December 12,2010 to December 18,2010
RBOPS Reserve Bank Operations and Payment Systems
IF International Finance
OSD Office of Staff Director
Bank Branches. Domestic
Philadelphia
AmeriServ Financial Bank, Johnstown, Pennsylvania — to establish a branch at
1857 North Atherton Street, State College.
- Approved, December 17, 2010
St. Louis
Arvest Bank, Fayetteville, Arkansas — to establish a branch at 1720 South University
Avenue, Little Rock.
- Approved, December 13, 2010
New York
The Bank of New York Mellon, New York, New York — to establish a branch at
201 Washington Street, Boston, Massachusetts.
- Approved, December 17,2010
Kansas City
Centennial Bank, Centennial, Colorado — to establish a branch at 717 Seventeenth
Street, Suite 100, Denver.
- Approved, December 17,2010
Richmond
Monarch Bank, Chesapeake, Virginia — to establish a branch at 4629 North Croatan
Highway, Kitty Hawk, North Carolina.
- Approved, December 14, 2010
(A/C) = Addition or Correction
Delegated - 1
of
7
H.2
Actions under delegated authority
December 12,2010 to December 18,2010
Bank Branches. Domestic
Philadelphia
Monument Bank, Doylestown, Pennsylvania — to establish a branch at 33 Swamp
Road, Newtown.
- Approved, December 17, 2010
San Francisco
Oak Valley Community Bank, Oakdale, California ~ to establish a branch at 3508
McHenry Avenue, Modesto.
- Approved, December 16, 2010
Bank Holding Companies
Dallas
Bertram BancShares, Inc., Bertram, Texas — to become a bank holding company and
to acquire shares of Farmers State Bank, Bertram.
- Approved, December 15, 2010
Cleveland
F.N.B. Corporation, Hermitage, Pennsylvania ~ waiver of application to acquire
Comm Bancorp, Inc., Clarks Summit, and its subsidiary bank, Community Bank &
Trust Company, in connection with Community Bank & Trust's merger with F.N.B.'s
subsidiary bank, The First National Bank of Pennsylvania, Greenville.
- Granted, December 10,2010
(A/C)
Boston
FHB Formation LLC, Boston, Massachusetts — to make investments in Northeast
Bancorp, Lewiston, Maine, and Northeast Bank.
- Approved, December 13, 2010
(A/C) = Addition or Correction
Delegated - 2
of
7
H.2
Actions under delegated authority
December 12,2010 to December 18,2010
Bank Holding Companies
San Francisco
Franklin Resources, Inc., San Mateo, California — to acquire additional shares of
First Chicago Bancorp, Chicago, Illinois, and First Chicago Bank & Trust.
- Approved, December 14,2010
Kansas City
FRB Investments, Inc., Denver, Colorado — to become a bank holding company and
to acquire Omega Capital Corp., Centennial, and its subsidiary bank, Front Range
Bank, Lakewood.
- Approved, December 15, 2010
St. Louis
M&P Community Bancshares, Inc. 401(k) Employee Stock Ownership Plan,
Newport, Arkansas — to acquire additional shares of M&P Community Bancshares,
Inc., Newport.
- Approved, December 16, 2010
Secretary
Old National Bancorp, Evansville, Indiana — to merge with Monroe Bancorp,
Bloomington, and thereby acquire Monroe Bank.
- Approved, December 15, 2010
Atlanta
Ovation Holdings, Inc., Naples, Florida — to become a bank holding company and to
acquire National Bank of Southwest Florida, Port Charlotte.
- Approved, December 16, 2010
(A/C) = Addition or Correction
Delegated - 3
of
7
H.2
Actions under delegated authority
December 12,2010 to December 18,2010
Bank Holding Companies
Chicago
Rigler Investment Co., New Hampton, Iowa — to acquire State Bank & Trust
Company, Waverly.
- Approved, December 14, 2010
Atlanta
USAmeriBancorp, Inc., Clearwater, Florida ~ to acquire shares of Aliant Financial
Corporation, Alexander City, Alabama, and Aliant Bank.
- Approved, December 16, 2010
Dallas
Woodforest Financial Group Employee Stock Ownership Plan (with 401(k)
Provisions), The Woodlands, Texas, and Woodforest Financial Group Employee
Stock Ownership Trust — to become a bank holding company and to acquire shares
of Woodforest Financial Group, Inc., The Woodlands, and thereby acquire
Woodforest National Bank, Houston; and to acquire a savings association through
Woodforest Financial Group, Inc., and indirectly Woodforest Bank FSB, Refugio.
- Approved, December 16, 2010
St. Louis
Woolfam VI SLB, LLC, Maryland Heights, Missouri — to become a bank holding
company and to acquire an interest in St. Louis Bancshares, Inc., Town and Country,
and thereby indirectly acquire St. Louis Bank.
- Withdrawn, December 14, 2010
(A/C) = Addition or Correction
Delegated - 4
of
7
H.2
Actions under delegated authority
December 12,2010 to December 18,2010
Bank Mergers
St. Louis
Southern Bank, Poplar Bluff, Missouri -- to purchase the assets and assume the
liabilities of First Southern Bank, Batesville, Arkansas, and to retain the acquired
facilities as branches.
- Approved, December 17, 2010
Change in Bank Control
Dallas
Community Bank Holdings of Texas, Inc., Corsicana, Texas — to retain control of
Community Bank Holdings and its subsidiary bank, Community National Bank and
Trust of Texas, Corsicana.
- Permitted, December 16, 2010
Kansas City
Doniphan Bancshares, Inc., Doniphan, Nebraska — change in bank control of
Doniphan Bancshares and its subsidiary bank, Bank of Doniphan, Doniphan.
- Permitted, December 16, 2010
Dallas
First San Benito Bancshares Corporation, San Benito, Texas — change in bank
control of First San Benito Bancshares and its subsidiary bank, First Community
Bank, National Association, San Benito.
- Withdrawn, December 13, 2010
Kansas City
MBT Bancshares, Inc., Kansas City, Missouri — to retain control of MBT Bancshares
and its subsidiary bank, Missouri Bank and Trust Company, Kansas City.
- Permitted, December 15, 2010
(A/C) = Addition or Correction
Delegated - 5
of
7
H.2
Actions under delegated authority
December 12,2010 to December 18,2010
Extensions of Time
Chair, Committee on Bank Supervision
Ally Financial Inc., Detroit, Michigan — extension to October 1, 2014, of the
first-floor-period start date under the advanced approaches risk-based capital rule for
bank holding companies.
- Granted, December 14,2010
Chicago
C-B-G, Inc., West Liberty, Iowa — extension to March 13, 2011, to acquire
additional shares of Washington Bancorp, Washington, and thereby increase its
indirect interest in Washington Bancorp's subsidiary bank, Federation Bank.
- Granted, December 13, 2010
International Operations
Director, BS&R
JPMorgan Chase & Co., New York, New York — waiver of remainder of
prior-notification period to invest in J.P. Morgan Chase International Holdings,
London, United Kingdom, and modification of the aggregate investment limit of
Regulation K.
- Granted, December 17,2010
Membership
Kansas City
The Commercial National Bank of Ainsworth, Ainsworth, Nebraska — to retain
membership in the Federal Reserve System on conversion to a state-chartered bank,
to be known as West Plains Bank.
- Approved, December 16,2010
(A/C) = Addition or Correction
Delegated - 6
of
7
H.2
Actions under delegated authority
December 12,2010 to December 18,2010
Membership
Secretary
Simmons First Bank of El Dorado, El Dorado, Arkansas — to retain membership in
the Federal Reserve System on conversion to a state charter.
- Approved, December 16, 2010
Secretary
Simmons First Bank of Hot Springs, Hot Springs, Arkansas — to become a member
of the Federal Reserve System.
- Approved, December 16, 2010
Secretary
Simmons First Bank of Northeast Arkansas, Jonesboro, Arkansas — to become a
member of the Federal Reserve System.
- Approved, December 16, 2010
Secretary
Simmons First Bank of Northwest Arkansas, Rogers, Arkansas — to become a
member of the Federal Reserve System.
- Approved, December 16, 2010
Secretary
Simmons First Bank of South Arkansas, Lake Village, Arkansas — to become a
member of the Federal Reserve System.
- Approved, December 16,2010
(A/C) = Addition or Correction
Delegated - 7
of
7
District: 1
Federal Reserve Bank of Boston
Filings received during the week ending December 18,2010
Filer
Filing Type
NONE
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
District: 1
Federal Reserve Bank of Boston
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in
which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and
is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated
periodically. That record is taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
0 = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
Exam Date
Institution / Location
ID
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
CRA
Public Date
CRA
Rating
Exam Method
District: 2
Federal Reserve Bank of New York
Filings received during the week ending December 18,2010
Filer
CHEMUNG CANAL TRUST
COMPANY
Filing Type
* 18C
Filing Proposal
Chemung Canal Trust Company, Elmira, New
York (the "Applicant") for approval of the
merger of Capital Bank & Trust Company,
Albany, New York, pursuant to Section 18(c) of
the Federal Deposit Insurance Act, with and
into Applicant.
CHEMUNG FINANCIAL
CORPORATION
* 3A5
Chuo Mitsui Trust and Holdings,
Inc.
* 3A1
4c8
Chuo Mitsui Trust Holdings, Inc., Tokyo,
Japan, to become a bank holding Company by
acquiring The Sumitomo Trust and Banking Co.,
Ltd, Osaka, Japan, pursuant to Section 3(a)(1) of
the BHC ACT of 1956, as amended, and
indirectly acquire control of its wholly-owned
subsidiary Sumitomo Trust and Banking
Co.,(USA), Hoboken, New Jersey, and
thereafter, engage in certain nonbanking
activities pursuant to Sections 4(c)(8)and 4(j)of
the BHC Act and Section 225.24 of Regulation
Y.
FIRST NIAGARA FINANCIAL
GROUP, INC.
* 3A3
* 3A5
First Niagara Financial Group, Inc., Buffalo, New
York ("FNFG"), to acquire all of the shares of
NewAlliance Bancshares, Inc., New Haven,
Connecticut ("NAB, Inc.") and thereby NAB,
Inc.'s subsidiary, NewAlliance Bank, New
Haven Connecticut, and subsequently merge
NAB, Inc. with and into FNFG.
M&T BANK CORPORATION
* 3A3
4c8
* 18C
* Branch
M&T Bank Corporation, Buffalo, New York, to
acquire Wilmington Trust Corporation and
thereby indirectly acquire Wilmington Trust
Company, both of Wilmington, Delaware; and
thereby indirectly to acquire Wilmington Trust
FSB, Baltimore, Maryland, and other
non-banking subsidiaries of Wilmington Trust
Corporation and thereby operate a savings
association and engage in other non-banking
activities. Manufacturers and Traders Trust
Company, Buffalo, New York, to purchase
certain assets and assume certain liabilities of
Wilmington Trust Company and Wilmington
Trust FSB.
* 3A3
1
* Subject to the provisions of the Community Reinvestment Act
Chemung Financial Corporation, Elmira, New
York, to acquire Fort Orange Financial Corp.,
and thereby acquire its wholly owned
subsidiary Capital Bank & Trust Company, both
located in Albany, New York, pursuant to
Sections 3(a)(3)and 3(a)(5) of the BHC Act and
Section 225.14 of Regulation Y.
End of Comment Period
Newspaper
12/12/2010
Federal Register:
Not applicable
Newspaper:
12/15/2010
Federal Register:
12/23/2010
Newspaper:
Not available
Federal Register:
Not available
Newspaper
Not available
Federal Register:
12/03/2010
Newspaper:
12/25/2010
Federal Register:
Not available
District: 2
Federal Reserve Bank of New York
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in
which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and
is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated
periodically. That record is taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
0 = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
Exam Date
Institution / Location
ID
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
CRA
Public Date
CRA
Rating
Exam Method
District: 3
Federal Reserve Bank of Philadelphia
Filings received during the week ending December 18,2010
Filer
WARBURG PINCUS PRIVATE
EQUITY X,L.P.
Filing Type
CIC
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
Warburg Pincus Private Equity S, L.P., New
York, NY, to acquire up to 19.7% of National
Penn Bancshares, Inc, Boyertown, PA.
End of Comment Period
Newspaper:
Not available
Federal Register:
12/08/2010
District: 3
Federal Reserve Bank of Philadelphia
Availability of CRA Public E v a l u a t i o n s
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in
which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and
is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated
periodically. That record is taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
0 = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Exam Date
Institution / Location
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
CRA
Public Date
CRA
Rating
Exam Method
District: 4
Federal Reserve Bank of Cleveland
Filings received during the week ending December 18,2010
Filer
FIFTH THIRD BANK
Filing Type
* Branch
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
Fifth Third Bank, Cincinnati, OH to establish a
temporary branch at 8950 Weathered Stone Dr.,
Naples, FL to operate from 02/14/2011 through
02/20/2011 during the ACE PGA Tournament.
End of Comment Period
Newspaper.
Federal Register
11/06/2010
Not applicable
District: 4
Federal Reserve Bank of Cleveland
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in
which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and
is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated
periodically. That record is taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
0 = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
Exam Date
Institution / Location
ID
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
CRA
Public Date
CRA
Rating
Exam Method
District: 5
Federal Reserve Bank of Richmond
Filings received during the week ending December 18, 2010
Filer
BANK OF MCKENNEY
PIEDMONT COMMUNITY BANK
HOLDINGS, INC.
Filing Type
* Branch
:
3A3
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
Bank of McKenney, McKenney, Virginia, to
establish a branch at 13117 Rivers Bend
Boulevard, Chester, Virginia
Newspaper:
12/31/2010
Federal Register:
Not applicable
Piedmont Community Bank Holdings, Inc.,
Raleigh, North Carolina, to acquire 100% of the
voting shares of Community Bank of Rowan,
Salisbury, North Carolina.
Newspaper:
Not available
Federal Register:
01/14/2011
District: 5
Federal Reserve Bank of Richmond
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in
which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and
is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated
periodically. That record is taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
0 = Outstanding
S = Satisfactory
IMI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Exam Date
Institution / Location
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
CRA
Public Date
CRA
Rating
Exam Method
District: 6
Federal Reserve Bank of Atlanta
Filings received during the week ending December 18,2010
Filer
Filing Type
Filing Proposal
End of Comment Period
COMPASS BANK
* Branch
Compass Bank, Birmingham, Alabama, to
establish a branch located at 3045 East Riggs
Road, Chandler, Arizona, to be known as the
Gilbert and Riggs branch.
Newspaper:
Federal Register:
12/28/2010
Not applicable
COMPASS BANK
* Branch
Compass Bank, Birmingham, Alabama, to
establish a branch located at 10923 East
Baseline Road, Mesa, Arizona, to be known as
the Baseline and Signal Butte Branch.
Newspaper:
Federal Register:
12/28/2010
Not applicable
FIRST GUARANTY
BANCSHARES, INC.
* 3A5
First Guaranty Bancshares, Inc., Hammond,
Louisiana, to merge with Greensburg
Bancshares, Inc., and thereby acquire its
subsidiaiy, Bank of Greensburg, both of
Greensburg, Louisiana.
Newspaper:
Federal Register.
01/07/2011
01/06/2011
IBERIABANK
* Branch
IBERIABANK, Lafayette, Louisiana, to
establish a branch located at 1720 Manhattan
Boulevard, Harvey, Louisiana.
Newspaper:
Federal Register:
12/28/2010
Not applicable
* Subject to the provisions of the Community Reinvestment Act
District: 6
Federal Reserve Bank of Atlanta
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in
which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and
is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated
periodically. That record is taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
0 = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
648130
COCONUT GROVE BK, MIAMI, FLORIDA
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Exam Date
CRA
Public Date
05/24/2010
09/13/2010
CRA
Rating
Exam Method
S
Large Bank
District: 7
Federal Reserve Bank of Chicago
Filings received during the week ending December 18, 2010
Filer
FIRST COMMUNITY
BANCSHARES CORP.
Filing Type
CIC
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
Notice by Betty J. Bradshaw 2000 Irrevocable
Trust dated 10/30/00-Charles M. Shea, Trustee,
to acquire shares of First Community
Bancshares Corp., Anamosa, Iowa, and thereby
indirectly acquire shares of First Community
Bank, Milton, Wisconsin.
End of Comment Period
Newspaper:
Not available
Federal Register:
08/23/2010
District: 7
Federal Reserve Bank of Chicago
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in
which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and
is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated
periodically. That record is taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
0 = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Exam Date
Institution / Location
NONE
CRA Examinations scheduled for
Quarter of
• Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
CRA
Public Date
CRA
Rating
Exam Method
District: 8
Federal Reserve Bank of St. Louis
Filings received during the week ending December 18,2010
Filer
BANCSHARES OF URBANA,
mC
Filing Type
4c8
-
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
Bancshares of Urbana, Inc., Urbana, Missouri,
Newspaper:
Not applicable
to engage in lending activities.
Federal Register
Not applicable
District: 8
Federal Reserve Bank of St. Louis
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in
which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and
is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated
periodically. That record is taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
0 = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Exam Date
Institution / Location
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
CRA
Public Date
CRA
Rating
Exam Method
District: 9
Federal Reserve Bank of Minneapolis
Filings received during the week ending December 18,2010
Filer
Filing Type
FIRST ADVANTAGE
BANCSHARES, INC.
CIC
FLATHEAD LAKE
BANCORPORATION, INC.
CIC
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
Notice by Karl J. Breyer, Minneapolis,
Minnesota, to acquire 10 percent or more of the
shares of First Advantage Bancshares, Inc.,
Coon Rapids, Minnesota, and thereby indirectly
gain control of First Advantage Bank, Coon
Rapids, Minnesota. In addition, notice by
Richard M. Ihrig, and Colleen J. Cooper, both of
Minneapolis, Minnesota, to jointly acquire 10
percent or more of the shares of First
Advantage Bancshares, Inc., Coon Rapids,
Minnesota, and thereby indirectly gain control
of First Advantage Bank, Coon Rapids,
Minnesota.
Newspaper:
Not available
Federal Register:
01/04/2011
Change in control notice by Rick E. Skates and
Kathy A. Skates, both of Poison, Montana,
individually, and with Scott Farley and Natalie
Farley, both of Enterprise, Alabama, Richard
Pedersen, Everett, Washington, and Debbie
Denton, Poison, Montana, as a group acting in
concert, to acquire and retain 25 percent or more
of the shares of Flathead Lake Bancorporation,
Inc., Poison, Montana, and thereby indirectly
acquire and retain control of First Citizens Bank
of Poison, National Association, Poison,
Montana.
Newspaper:
Not available
Federal Register:
12/17/2010
District: 9
Federal Reserve Bank of Minneapolis
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in
which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and
is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated
periodically. That record is taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
0 = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
Exam Date
Institution / Location
ID
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
CRA
Public Date
CRA
Rating
Exam Method
District: 10
Federal Reserve Bank of Kansas City
Filings received during the week ending December 18,2010
Filer
Filing Type
Filing Proposal
End of Comment Period
CITIZENS NATIONAL
CORPORATION
* 3A3
Citizens National Corporation, Wisner,
Nebraska to acquire up to an additional 2
percent for a total of 34.33 percent of the voting
shares of Republic Corporation, parent of
United Republic Bank, both in Omaha,
Nebraska.
Newspaper
Federal Register:
01/10/2011
01/12/2011
COMMERCE BANK AND TRUST
HOLDING COMPANY
EMPLOYEE STOCK OWNERSHIP
PLAN
* 3A3
Commerce Bank and Trust Holding Company
Employee Stock Ownership Plan, to acquire an
additional 3.78 percent for up to 35.8 percent of
the voting shares of Commerce Bank and Trust
Holding Company, parent of CoreFirst Bank &
Trust, all in Topeka, Kansas.
Newspaper:
Federal Register:
Not available
01/14/2011
NORCON FINANCIAL CORP.
CIC
Notice submitted by Jeffrey J. Heiman and Jerod
J. Heiman, both of Wichita, Kansas, to retain
control of Norcon Financial Corp., parent of
Conway Bank, National Association, both in
Conway Springs, Kansas.
Newspaper:
Not available
Federal Register:
01/03/2011
Notice submitted by Tribble Family Partners,
L.P.; Vera Tribble, general partner; David
Tribble, limited partner; all of Unionville,
Missouri; and Diana Bennett, limited partner,
Bethany, Missouri, to retain control of Northern
Missouri Bancshares, Inc., parent of Farmers
Bank of Northern Missouri, National
Association, both in Unionville, Missouri.
Newspaper:
Not available
Federal Register:
01/07/2011
NORTHERN MISSOURI
BANCSHARES, INC.
CIC
* Subject to the provisions of the Community Reinvestment Act
District: 10
Federal Reserve Bank of Kansas City
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in
which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and
is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated
periodically. That record is taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
0 = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Exam Date
Institution / Location
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
CRA
Public Date
CRA
Rating
Exam Method
District: 11
Federal Reserve Bank of Dallas
Filings received during the week ending December 18,2010
Filer
CARLILE BANCSHARES, INC.
Filing Type
* 3A3
Filing Proposal
End of Comment Period
Carlile Bancshares, Inc., Fort Worth, Texas, to
acquire 100 percent of Community State Bank,
Austin, Texas.
Newspaper
01/01/2011
Federal Register:
01/03/2011
COMMERCIAL BANCSHARES,
INC.
* 3A1
Commercial Bancshares, Inc., Humble, Texas, to
become a bank holding company by acquiring
75 percent of El Campo Bancshares, Inc., El
Campo, Texas, and indirectly acquire
Commercial State Bank of El Campo, El Campo,
Texas.
Newspaper:
Federal Register:
12/17/2010
12/17/2010
CONNEMARA BANCORP, INC.
* 3A1
Connemara Bancorp, Inc., Dallas, Texas, to
become a bank holding company by acquiring
100 percent of First Amherst Bancshares, Inc.,
Amherst, Texas, and indirectly acquire First
National Bank, Amherst, Texas.
Newspaper:
Not available
Federal Register:
01/10/2011
Southwest Bank, Fort Worth, Texas, to
establish a branch to be located at Jerome Street
& Rosedale Street, Fort Worth, Texas 76110.
Newspaper:
Federal Register:
12/24/2010
Not applicable
SOUTHWEST BANK
* Branch
* Subject to the provisions of the Community Reinvestment Act
District: 11
Federal Reserve Bank of Dallas
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in
which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and
is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated
periodically. That record is taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
0 = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Exam Date
Institution / Location
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
CRA
Public Date
CRA
Rating
Exam Method
District: 12
Federal Reserve Bank of San Francisco
Filings received during the week ending December 18,2010
Filer
Filing Type
Filing Proposal
CARPENTER FUND MANAGER
GP, LLC
* 3A3
4c8
Carpenter Fund Manager GP, LLC, Carpenter
Fund Management Company, LLC, Carpenter
Community Bancfund, L.P., Carpenter
Community Bancfund-A, L.P., Carpenter
Community Bancfund-CA, L.P., CGB Holdings,
Inc., CCFW, Inc., and SCJ, Inc., all of Irvine,
California, to acquire 100 percent of Professional
Business Bank, Pasadena, California, in
connection with the merger of Professional
Business Bank with and into California General
Bank, Pasadena, California; and 2)CGB
Holdings, Inc., Irvine, California, to form a
wholly-owned subsidiary, CGB Asset
Management, Inc., Irvine, California, to engage
in extending credit and servicing loans,
pursuant to section 225.28 (b)(1) of Regulation
Y.
Newspaper
Federal Register:
Not available
11/22/2010
CASCADE BANCORP
CIC
1)LG C-Co, LLC, Green Equity Investors V, L.P.,
Leonard Green & Partners, L.P., Green Equity
Investors Side V, L.P., GEIV Offshore Investors,
L.P., GEI V Special Investors, L.P., Green V
Holdings, LLC, GEI Capital V, LLC, and LGP
Management, Inc., all of Los Angeles,
California, John G. Danhakl, Pacific Palisades,
California, Peter J. Nolan, Manhattan Beach,
California; and Jonathan D. Sokoloff, Los
Angeles, California, to acquire 10 percent or
more of Cascade Bancorp, and thereby
indirectly acquire control of Bank of the
Cascades, both of Bend, Oregon; and 2)
Cascade Bancorp, Bend, Oregon, to appoint
Michael John Connolly as a Director.
Newspaper:
Not available
Federal Register:
12/17/2010
1) WLR CB AcquisitionCo LLC, WL Ross & Co.
LLC, WLR Recovery Fund IV, L.P., WLR IV
Parallel ESC, L.P. IV, Invesco North America
Holdings, Inc., Invesco WLR IV Associates
LLC, WLR Recovery Associates IV LLC, WL
Ross Group L.P., El Vedado LLC, all of New
York, New York, Wilbur L. Ross, Jr., Palm Beach,
Florida, Invesco Ltd., Invesco Group Services,
IVZ, Inc., Invesco Group Services, Inc., Invesco
Advisers, Inc., Invesco Private Capital, Inc.,all
of Atlanta, Georgia, Invesco Holding Company
Limited, London, United Kingdom, and Invesco
AIM Management Group, Inc., Houston, Texas,
to acquire 10 percent or more of Cascade
Bancorp, and thereby indirectly acquire control
of Bank of the Cascades, both of Bend, Oregon;
and 2) Cascade Bancorp, Bend, Oregon, to
appoint James Bicknell Lockhart HI as a
Director.
Newspaper:
Not available
Federal Register:
12/17/2010
CASCADE BANCORP
CIC
* Subject to the provisions of the Community Reinvestment Act
End of Comment Period
District: 12
Federal Reserve Bank of San Francisco
Filings received during the week ending December 18, 2010
Filer
CASCADE BANCORP
Filing Type
CIC
CENTRAL PACIFIC FINANCIAL
CORP.
CIC
MISSION VALLEY BANCORP
CIC
OAK VALLEY COMMUNITY
BANK
* Branch
UNION BANK, NATIONAL
ASSOCIATION
Foreign Branch
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
BOTC Holdings LLC and persons that are
acting with or control BOTC Holdings LLC
(Lightyear Fund II, L.P., Lightyear Co-Invest
Partnership II, L.P., Lightyear Fund IIGP, L.P.,
Lightyear Fund II GP Holdings, LLC, Marron &
Associates, LLC, Chestnut Venture Holdings,
LLC, Lightyear Capital II, LLC, Lightyear Capital
LLC and Donald B. Marron), all of New York,
New York, to acquire 24.35 percent of Cascade
Bancorp, and thereby indirectly acquire control
of The Bank of the Cascades, both of Bend,
Oregon.
Newspaper:
Not available
Federal Register:
12/20/2010
ACMO-CPF, L.L.C., New York, New York, and
persons that are acting with or control
ACMO-CPF, L.L.C. (Anchorage Capital Master
Offshore, Ltd., ACPO Master, L.P., Anchorage
Capital Partners Offshore, Ltd., ACPO Master,
Ltd., all of Grand Cayman, Cayman Islands;
Anchorage Capital Partners, L.P., Anchorage
Capital Group, L.L.C. (f/k/a Anchorage
Advisors, L.L.C.), Anchorage Capital, L.L.C.
(f/k/a Anchorage Capital Group, L.L.C.),
Anchorage Capital Management, L.L.C.,
Anchorage Advisors Management, L.L.C., all of
Wilmington, Delaware; and Kevin Ulrich and
Anthony Davis, both of New York, New York,
to acquire up to 24.9 percent of Central Pacific
Financial Corp., Honolulu, Hawaii, and thereby
indirectly acquire control of Bancorp's
subsidiary, Central Pacific Bank, Honolulu,
Hawaii.
Newspaper:
Not available
Federal Register:
12/17/2010
Marc Jonathan Foulkrod and Jamie Foulkrod,
both of Moorpark, California, to acquire
additional voting shares of Mission Valley
Bancorp, Sun Valley, California, and thereby
indirectly acquire shares of Mission Valley
Bank, Sun Valley, California.
Newspaper:
Not available
Federal Register:
Not available
Oak Valley Community Bank, Oakdale,
California, to establish a branch office at 3508
McHenry Avenue, Modesto, California.
Newspaper:
Not available
Federal Register:
Not applicable
Notification by Union Bank NA for the Calgary,
Canada branch to engage in new activities
pursuant to section 211.4 (b) of Regulation K.
Newspaper:
Not applicable
Federal Register:
Not applicable
District: 12
Federal Reserve Bank of San Francisco
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in
which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and
is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated
periodically. That record is taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
0 = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
CRA
Public Date
CRA
Rating
Exam Method
@FedFRASER