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Federal Reserve Release
Actions of the Board, Its Staff,
and the Federal Reserve Banks;
Applications and Reports Received
No. 8
Week Ending February 20, 2010
H.2
Board Actions
February 14,2010 to February 20,2010
Testimony and Statements
Monetary Policy — statement by Chairman Bernanke before the House Committee on
Financial Services on February 24 and before the Senate Committee on Banking,
Housing, and Urban Affairs on February 25, 2010, on the semiannual monetary
policy report to the Congress.
- Discussed, February 18, 2010
Banking Supervision & Regulation
The PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania ~ request to
redeem its TARP preferred stock.
- Approved, February 2, 2010
(A/C)
Discount Rates
Discount and Advance Rates, Term Auction Facility (TAF) ~ increase in the primaiy
credit rate from 1/2 percent to 3/4 percent by the twelve Federal Reserve Banks;
reduction in the maximum maturity of primary credit loans to most depository
institutions from 28 days to overnight, effective March 18, 2010; and increase in the
minimum bid rate for TAF loans to 1/2 percent.
- Announced, Februaiy 18,2010
Monetary and Financial Policy
Monetary Policy — semiannual monetary policy report to the Congress.
- Authorized, February 17, 2010
Personnel
Division of Banking Supervision and Regulation — appointment of Mark E.
Van Der Weide as associate director.
- Announced, February 17, 2010
(A/C) = Addition or Correction
Board - Page 1 of
3
H.2
Board Actions
February 14,2010 to February 20,2010
Regulations and Policies
Overdraft Services — publication for comment of amendments to Regulations E
(Electronic Fund Transfers) and DD (Truth in Savings) to clarify certain aspects of
final rules addressing overdraft services.
- Approved, February 17,2010
Enforcement
Beach First National Bancshares, Inc., Myrtle Beach, South Carolina — written
agreement with the Federal Reserve Bank of Richmond.
- Announced, February 17, 2010
Community First Bank-Chicago, Chicago, Illinois — written agreement with the
Federal Reserve Bank of Chicago.
- Announced, February 17, 2010
Community National Bancorporation, Waterloo, Iowa — written agreement with the
Federal Reserve Bank of Chicago.
- Announced, February 17, 2010
First National Corporation, Savannah, Georgia — written agreement with the Federal
Reserve Bank of Atlanta.
- Announced, February 18, 2010
Marco Community Bank, Marco Island, Florida ~ issuance of a prompt corrective
action directive with the consent of the bank.
- Announced, February 18, 2010
SunFirst Corporation, St. George, Utah — written agreement with the Federal Reserve
Bank of San Francisco.
- Announced, February 18, 2010
(A/C) = Addition or Correction
Board - Page 2
of
3
H.2
Board Actions
February 14,2010 to February 20,2010
Enforcement
TCM Company, Crete, Nebraska — written agreement with the Federal Reserve Bank
of Kansas City.
- Announced, Februaiy 18,2010
(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
February 14,2010 to February 20,2010
RBOPS Reserve Bank Operations and Payment Systems
IF International Finance
OSDM Office of Staff Director for Management
Bank Branches. Domestic
Cleveland
The Andover Bank, Andover, Ohio — to establish a branch at 6611 North Ridge
Road, Madison, and request to exceed the limit on investment in bank premises.
- Approved, February 19, 2010
Bank Holding Companies
Atlanta
Banco de Sabadell, S.A., Sabadell, Spain — to engage de novo in securities brokerage
and riskless-principal activities through its newly established subsidiary, Sabadell
Securities USA, Inc., Miami, Florida.
- Approved, February 16, 2010
Minneapolis
Lake Central Financial, Inc., Annandale, Minnesota — to become a bank holding
company and to acquire Annandale State Bank, Annandale.
- Approved, February 19, 2010
Bank Mergers
Kansas City
Bank of Commerce, Chanute, Kansas — to merge with First State Bank of Thayer,
Thayer, and thereby establish a branch.
- Approved, February 18,2010
(A/C) = Addition or Correction
Delegated - 1
of
2
H.2
Actions under delegated authority
February 14,2010 to February 20,2010
Change in Bank Control
Cleveland
Hometown Bancshares, Inc., Middlebourne, West Virginia — to retain control of
Hometown and its subsidiary bank, Union Bank, Inc., Middlebourne.
- Withdrawn, February 19, 2010
Atlanta
Hometown of Homestead Banking Company, Homestead, Florida — change in bank
control of Hometown and its subsidiary bank, 1st National Bank of South Florida,
Homestead (two notices).
- Permitted, February 18, 2010
Atlanta
UCB Financial Group, Inc., Atlanta, Georgia ~ change in bank control of UCB and
its subsidiary bank, Atlanta Business Bank, Atlanta.
- Permitted, February 19, 2010
Extensions of Time
Chicago
M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin — extension to April 6, 2010, to
establish a branch at 522 Snelling Avenue South, St. Paul, Minnesota.
- Granted, February 19,2010
Regulations and Policies
FOMC
Federal Open Market Committee — minutes of the meeting on January 26 and 27,
2010.
- Published, February 17,2010
(A/C) = Addition or Correction
Delegated - 2
of
2
District: 1
Federal Reserve Bank of Boston
Filings received during the week ending February 20, 2010
Filer
Filing Type
Filing Proposal
End of Comment Period
MARBLEHEAD BANK
* Branch
Application by Marblehead Bank, Marblehead,
Massachusetts to establish a de novo branch
office at 100 Cummings Center, Beverly,
Massachusetts, pursuant to section 9 of the
Federal Reserve Act and section 208.6 of
Regulation H.
Newspaper:
Federal Register:
Not available
Not applicable
STATE STREET BANK AND
TRUST COMPANY
Investment
State Street Bank & Trust Company and State
Street International Holdings, both of Boston,
Massachusetts, filed a prior notice to invest in
State Street International Holdings Switzerland
GmbH in excess of the single entity limit
pursuant to section 211.9(f) of Regulation K in
connection with the contribution of State Street
Cayman Trust Company Limited.
Newspaper
Federal Register:
Not applicable
Not applicable
* Subject to the provisions of the Community Reinvestment Act
District: 1
Federal Reserve Bank of Boston
Availability of C R A P u b l i c 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.
CRA
RSSD
Exam Date
Institution / Location
ID
NONE
CRA Examinations scheduled for Second Quarter of 2010 (April 1, 2010 - June 30, 2010)
Institution
Location
CONNECTICUT BK & TR CO
HARTFORD, CONNECTICUT
* Subject to the provisions of the Community Reinvestment Act
Public Date
CRA
Rating
Exam Method
District: 2
Federal Reserve Bank of New York
Filings received during the week ending February 20, 2010
Filer
FIRST NIAGARA FINANCIAL
GROUP, INC.
Filing Type
* 3A1
* 4c8
* 3A3
NATIXIS
FBSEA
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
First Niagara Financial Group, Inc., Buffalo, New
York ("FNFG"), to become a bank holding
company by acquiring Harleysville National
Corporation and Harleysville National Bank and
Trust Company, both of Harleysville,
Pennsylvania. FNFG to retain First Niagara
Bank, Buffalo, New York ("FNB"), and thereby
operate a savings association. FNFG to retain
FNB upon conversion of FNB to a national
bank, pursuant to Section 3(a)(3) of the BHC
Act.
Newspaper:
02/22/2010
Federal Register:
02/19/2010
Natixis, Paris, France, to establish an additional
branch in New York, New York, pursuant to
Section 211.24(a)(2)(i)(A) of Regulation K.
Newspaper-
Not available
Federal Register:
Not applicable
District: 2
Federal Reserve Bank of New York
Availability of C R A P u b l i c 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.
CRA
RSSD
Exam Date
Institution / Location
ID
NONE
CRA Examinations scheduled for Second Quarter of 2010 (April 1, 2010 - June 30, 2010)
Institution
Location
MANUFACTURERS & TRADERS TC
BUFFALO, NEW YORK
TIOGA ST BK
SPENCER, NEW YORK
* Subject to the provisions of the Community Reinvestment Act
Public Date
CRA
Rating
Exam Method
District: 3
Federal Reserve Bank of Philadelphia
Filings received during the week ending February 20, 2010
Filer
Filing Type
Filing Proposal
End of Comment Period
BRYN MAWR BANK
CORPORATION
4c8
*18C
Biyn Mawr Bank Corporation, Bryn Mawr, PA,
to acquire First Keystone Financial, Inc., Media,
PA, pursuant to Section 4(c)(8) of the Bank
Holding Company Act
Newspaper
Federal Register:
Not available
Not available
WOODLANDS FINANCIAL
SERVICE COMPANY
CIC
Allen E. Ertel and Catharine K. Ertel,
Montoursville PA, Edward Ertel of Washington,
DC, Amy Ertel, Jersey City, NJ, and Firetree,
LTd, Williamsport, PA, to retain ownership of
13% percent or more Woodlands Financial
Services Company, PA.
Newspaper:
Federal Register:
03/01/2010
03/09/2010
* Subject to the provisions of the Community Reinvestment Act
District: 3
Federal Reserve Bank of Philadelphia
A v a i l a b i l i t y of CRA P u b l i c 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.
CRA
RSSD
Institution / Location
ID
928618
AMERISERV FNCL BK, JOHNSTOWN, PENNSYLVANIA
Exam Date
Public Date
09/21/2009
02/05/2010
CRA Examinations scheduled for Second Quarter of 2010 (April 1,2010 - June 30,2010)
Institution
Location
LAFAYETTE AMBASSADOR BK
EASTON, PENNSYLVANIA
LANDMARK CMNTY BK
PITTSTON, PENNSYLVANIA
MERCHANTS BK OF BANGOR
BANGOR, PENNSYLVANIA
* Subject to the provisions of the Community Reinvestment Act
CRA
Rating
Exam Method
S
Large Bank
District: 4
Federal Reserve Bank of Cleveland
Filings received during the week ending February 20, 2010
Filer
BENCHMARK BANCORP, INC.
CITIZENS BANCSHARES, INC.
CITIZENS BANCSHARES, INC.
Filing Type
CIC
CIC
CIC
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
Notice of Change in Bank Control by Jeffrey J.
Woda and David Cooper, Jr., acting in concert,
to acquire 16.43 percent of the outstanding
voting shares of Benchmark Bancorp, Gahanna,
OH, and thereby indirectly acquire control of
Benchmark Bank, Gahanna, OH
Newspaper:
Not available
Federal Register:
Not available
Interagency Notice of Change in Bank Control
filed by the Rogers Immediate Family Control
Group to acquire 10 percent or more of the
outstanding voting shares and control of
Citizens Bancshares, Inc., thereby indirectly
acquiring control of The Citizens National Bank
of Somerset, both of Somerset, Kentucky.
Newspaper-
Not available
Federal Register:
Not available
Interagency Notice of Change in Bank Control
filed by Harris Rakestraw, III, individually,to
acquire 10 percent or more of the outstanding
voting shares and control of Citizens
Bancshares, Inc., thereby indirectly acquiring
control of The Citizens National Bank of
Somerset, both of Somerset, Kentucky.
Newspaper:
Not available
Federal Register:
Not available
District: 4
Federal Reserve Bank of Cleveland
Availability of C R A P u b l i c 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.
CRA
RSSD
Exam Date
Institution / Location
ID
NONE
CRA Examinations scheduled for Second Quarter of 2010 (April 1, 2010 - June 30,2010)
Institution
Location
t
* Subject to the provisions of the Community Reinvestment Act
Public Date
CRA
Rating
Exam Method
District: 5
Federal Reserve Bank of Richmond
Filings received during the week ending February 20, 2010
Filer
Filing Type
Filing Proposal
End of Comment Period
CAPON VALLEY BANK
Premises
Capon Valley Bank, Wardensville, West
Virginia, to increase its investment on bank
premises.
Newspaper:
Federal Register:
Not applicable
Not applicable
COMMUNITY BANK
INVESTORS OF AMERICA, LP
* 3A3
FA Capital, LLC. and Community Bank
Investors of America, L.P., both located in
Richmond, Virginia, to increase their investment
in Progress Bank of Florida, Tampa, Florida,
from 39.36% to up to 49.99%.
Newspaper.
Federal Register:
03/14/2010
03/14/2010
* Subject to the provisions of the Community Reinvestment Act
District: 5
Federal Reserve Bank of Richmond
A v a i l a b i l i t y of C R A P u b l i c 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.
CRA
RSSD
Exam Date
Institution / Location
ID
NONE
CRA Examinations scheduled for Second Quarter of 2010 (April 1,2010 - June 30, 2010)
Institution
Location
BANK OF GASSAWAY
GASSAWAY, WEST VIRGINIA
BANK OF THE EASTERN SHORE
CAMBRIDGE, MARYLAND
CENTRAL VABK
POWHATAN, VIRGINIA
COMMUNITY BK OF TRI-CTY
WALDORF, MARYLAND
LOGAN B&TC
LOGAN, WEST VIRGINIA
MONARCH BK
CHESAPEAKE, VIRGINIA
RBC BK USA
RALEIGH, NORTH CAROLINA
STELLARONE BK
CHRISTIAN SBURG, VIRGINIA
UNION B&TC
BOWLING GREEN, VIRGINIA
VIRGINIA B&TC
DANVILLE, VIRGINIA
* Subject to the provisions of the Community Reinvestment Act
Public Date
CRA
Rating
Exam Method
District: 6
Federal Reserve Bank of Atlanta
Filings received during the week ending February 20, 2010
Filer
Filing Type
Filing Proposal
GULFSHORE BANCSHARES,
INC.
* 3A1
Gulfshore Bancshares, to become a bank
holding company by acquiring 100 percent of
the outstanding shares of Gulfshore Bank, both
of Tampa, Florida.
PALM BANCORP, INC.
CIC
Prior change in control notice filed by Marty E.
Adams, Salineville, Ohio; Kevin T. Thompson,
Saint Augustine, Florida; and John S. Loeber,
Travelers Rest, South Carolina; to acquire
control of Palm Bancorp, Inc., and its subsidiary
bank, Palm Bank, both of Tampa, Florida.
* Subject to the provisions of the Community Reinvestment Act
End of Comment Period
Newspaper
Federal Register:
Not available
03/22/2010
Newspaper:
Not available
02/09/2010
Federa] Register .
District: 6
Federal Reserve Bank of Atlanta
Availability of CRA P u b l i c 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.
CRA
RSSD
Exam Date
Institution / Location
ID
NONE
CRA Examinations scheduled for Second Q u a r t e r of 2010 (April 1, 2010 - J u n e 30, 2010)
Institution
Location
1ST UNITED BK
BOCA RATON, FLORIDA
BRAND BKG CO
LAWRENCEVTLLE, GEORGIA
COCONUT GROVE BK
MIAMI, FLORIDA
COMMERCIAL BK
HARROGATE, TENNESSEE
PALM BEACH CMNTY BK
BOYNTON BEACH, FLORIDA
SUN AMER BK
BOCA RATON, FLORIDA
* Subject to the provisions of the Community Reinvestment Act
Public Date
CRA
Rating
Exam Method
District: 7
Federal Reserve Bank of Chicago
Filings received during the week ending February 20, 2010
Filer
Filing Type
CENTRAL WISCONSIN
BANCORPORATION, INC.
CIC
CHEMICAL FINANCIAL
CORPORATION
* 3A5
IDA GROVE BANCSHARES, INC.
4c8
Filing Proposal
End of Comment Period
Notice by Carol O'Leary, Medford, Wisconsin,
as an individual, and Carol O'Leary, Medford,
Wisconsin, Tristar Printing Co., Inc.,
Abbotsford, Wisconsin, Kevin S. Flink and
Kristine M. O'Leary, both of Abbotsford,
Wisconsin, and Willis R. Whetstone, Medford,
Wisconsin, as a group acting in concert to
retain control of Central Wisconsin
Bancorporation, Inc., Colby, Wisconsin, and
thereby indirectly acquire Community Bank of
Central Wisconsin, Colby, Wisconsin.
Newspaper:
Not available
Federal Register:
Not available
Chemical Financial Corporation, Midland,
Michigan, to acquire 100 percent of the voting
shares of O.A.K. Financial Corporation, Byron
Center, Michigan, and thereby indirectly acquire
Byron Bank, Byron Center, Michigan.
Newspaper:
Not available
Federal Register:
03/18/2010
Ida Grove Bancshares, Inc., Ida Grove, Iowa, to
retain the nonbanking activity of engaging de
novo in leasing personal or real property.
Newspaper
Not applicable
Federal Register:
03/08/2010
M&I MARSHALL & ILSLEY
BANK
* 18C
* Branch
M&I Marshall and Ilsley Bank, Milwaukee,
Wisconsin, to merge with Southwest Bank, an
M&I Bank, St. Louis, Missouri, and thereby to
establish 17 branches.
Newspaper:
Not available
Federal Register:
Not applicable
Premier Commerce Bancorp, Inc.
* 3A1
Premier Commerce Bancorp, Inc., Palos Hills,
Illinois, to become a bank holding company by
acquiring 100 percent of the voting shares of
G.R. Bancorp, Ltd., Grand Ridge, Illinois, and
thereby indirectly acquire The First National
Bank of Grand Ridge, Grand Ridge, Illinois.
Newspaper:
Not available
Federal Register:
Not available
Notice by Vernon R. Pfaff, individually, and as
part of a group acting in concert with Barbara
Ann Pfaff, both of Fairbury, Nebraska, to
acquire over 10 percent of the outstanding
shares of United Commerce Bancorp,
Bloomington, Indiana, and thereby indirectly
acquire control of United Commerce Bank,
Bloomington, Indiana.
Newspaper
02/28/2010
Federal Register:
02/17/2010
UNITED COMMERCE BANCORP
CIC
* Subject to the provisions of the Community Reinvestment Act
District: 7
Federal Reserve Bank of Chicago
A v a i l a b i l i t y of C R A P u b l i c 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.
CRA
RSSD
Exam Date
Institution / Location
ID
NONE
CRA Examinations scheduled for Second Quarter of 2010 (April 1,2010 - June 30, 2010)
Institution
Location
1ST SOURCE BK
SOUTH BEND, INDIANA
AMERICAN T&SB
DUBUQUE, IOWA
BANK OF OAKFIELD
OAKFIELD, WISCONSIN
CEDAR RAPIDS B&TC
CEDAR RAPIDS, IOWA
CENTRUE BK
STREATOR, ILLINOIS
FIRST BK OF BERNE
BERNE, INDIANA
FIRST CHICAGO B&T
CHICAGO, ILLINOIS
FIRST ST BK
MANCHESTER, IOWA
FIRST ST BK OF PORTER
PORTER, INDIANA
FRIENDSHIP ST BK
FRIENDSHIP, INDIANA
FRONTIER SVG BK
COUNCIL BLUFFS, IOWA
JPMORGAN CHASE BK DEARBORN
DEARBORN, MICHIGAN
LAPEER CTY B&TC
LAPEER, MICHIGAN
M&I MARSHALL & ILSLEY BK
MILWAUKEE, WISCONSIN
MARKESAN ST BK
MARKESAN, WISCONSIN
NORTHERN TC
CHICAGO, ILLINOIS
OREGON CMNTY B&TC
OREGON, WISCONSIN
TITONKA SVG BK
TITONKA, IOWA
TOWN BK
HARTLAND, WISCONSIN
* Subject to the provisions of the Community Reinvestment Act
Public Date
CRA
Rating
Exam Method
District: 7
Federal Reserve Bank of Chicago
VILLA GROVE ST BK
VILLA GROVE, ILLINOIS
WASHINGTON ST BK
WASHINGTON, IOWA
* Subject to the provisions of the Community Reinvestment Act
District: 8
Federal Reserve Bank of St. Louis
Filings received during the week ending February 20, 2010
Filer
Filing Type
NONE
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
District: 8
Federal Reserve Bank of St. Louis
Availability of CRA P u b l i c 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
CRA
Institution / Location
Exam Date
NONE
CRA Examinations scheduled for Second Quarter of 2010 (April 1, 2010 - June 30, 2010)
Institution
Location
BANK OF BUFFALO
BUFFALO, KENTUCKY
BANK OF FAYETTEVILLE
FAYETTEVILLE, ARKANSAS
BANK OF LA
LOUISIANA, MISSOURI
CALLAWAY BK
FULTON, MISSOURI
CROSS COUNTY BK
WYNNE, ARKANSAS
FARMERS & MERCHANTS BK
STUTTGART, ARKANSAS
FIRST ST BK OF DEQUEEN
DEQUEEN, ARKANSAS
SIMMONS FIRST BK
RUSSELLVILLE, ARKANSAS
SOUTHERN COMMERCIAL BK
SAINT LOUIS, MISSOURI
STATE BK OF LIMA
LIMA, ILLINOIS
TOWN & COUNTRY BK
SALEM, MISSOURI
* Subject to the provisions of the Community Reinvestment Act
Public Date
CRA
Rating
Exam Method
District: 9
Federal Reserve Bank of Minneapolis
Filings received during the week ending February 20, 2010
Filer
Filing Type
Filing Proposal
End of Comment Period
SOUTH DAKOTA
BANCSHARES, INC.
CIC
Change in Control Notice by Charles H. Burke
Ill, Pierre, South Dakota, as an individual, to
acquire 72 percent or more of the shares of
South Dakota Bancshares Inc., Pierre, South
Dakota, and thereby indirectly gain control of
BankWest Inc., Pierre, South Dakota.
Newspaper:
Federal Register:
02/16/2010
02/16/2010
TYSAN CORPORATION, THE
CIC
David Tychman, Seattle, Washington,
individually and as trustee of eight
Tychman/Sanders family trusts to retain 25
percent or more of The Tysan Corporation,
Minneapolis, Minnesota. The trustees of one or
more of nine Tychman/Sanders family trusts;
James Sanders, Plymouth, Minnesota, Deera
Tychman, Edina, Minnesota, Judith Shapiro,
Saint Louis Park, Minnesota, and David
Tychman, Seattle, Washington, to join the
Tychman/Sanders group which controls 25
percent or more of The Tysan Corporation,
Minneapolis, Minnesota, and includes 17 other
Tychman/Sanders family trusts, and thereby
indirectly retain 25 percent of Lake Community
Bank, Long Lake, Minnesota, Pine Country
Bank, Little Falls, Minnesota, and Blaine State
Bank, Blaine, Minnesota.
Newspaper:
Federal Register:
03/07/2010
03/10/2010
* Subject to the provisions of the Community Reinvestment Act
District: 9
Federal Reserve Bank of Minneapolis
Availability of C R A P u b l i c 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
CRA
Institution / Location
Exam Date
NONE
CRA Examinations scheduled for Second Quarter of 2010 (April 1,2010 - June 30, 2010)
Institution
Location
AMERICAN BK
SAINT PAUL, MINNESOTA
BIG SKY WESTERN BK
BOZEMAN, MONTANA
CLINTON ST BK
CLINTON, MINNESOTA
COMMUNITY BK AUSTIN
AUSTIN, MINNESOTA
COMMUNITY BK MISSOULA
MISSOULA, MONTANA
FARMERS ST BK
VICTOR, MONTANA
FIRST CITIZENS BK OF BUTTE
BUTTE, MONTANA
FULTON ST BK
FULTON, SOUTH DAKOTA
NORTH SHORE BK OF COMMERCE
DULUTH, MINNESOTA
VALLEY BK GLASGOW
GLASGOW, MONTANA
YELLOWSTONE BK
LAUREL, MONTANA
* Subject to the provisions of the Community Reinvestment Act
Public Date
CRA
Exam Method
District: 10
Federal Reserve Bank of Kansas City
Filings received during the week ending February 20, 2010
Filer
ASLIN GROUP, INC.
CEDAR BANCORP
CORNERSTONE BANK
MY ANNS CORPORATION
Filing Type
End of Comment Period
Aslin Group, Inc, Mission Hills, Kansas; Aslin
Opportunity Fund BK, LP, Cape Haze, Florida;
and Aslin Capital I, LLC, Cape Haze, Florida; all
to become bank holding companies through the
acquisition of 100 percent of the voting shares
of 1st Financial Bank, Overland Park, Kansas.
Newspaper.
Not available
Federal Register:
03/19/2010
Cedar Bancorp, Hartington, Nebraska, to
continue to engage in general insurance
activities through the retention of Home Town
Insurance Agency, Inc., Hartington, Nebraska.
Newspaper:
Not applicable
Federal Register:
03/09/2010
* 18C
* Branch
Cornerstone Bank, York, Nebraska, to merge
with Harvard State Bank, Harvard, Nebraska,
and incident thereto to establish a branch, and
to operate under the title of Cornerstone Bank,
York, Nebraska.
Newspaper:
02/04/2010
Federal Register:
Not applicable
CIC
Notice submitted by Donna M. Curry, trustee of
the Galen L. Curry Marital Trust, and voting
trustee of the Voting Trust Agreement, Piqua,
Kansas, to retain control of My Anns
Corporation, and thereby indirectly retain
control of Piqua State Bank, both in Piqua,
Kansas.
Newspaper:
Federal Register:
02/18/2010
03/08/2010
* 3A1
4c8
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
District: 10
Federal Reserve Bank of Kansas City
Availability of CRA P u b l i c 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.
CRA
RSSD
ID
Institution / Location
Exam Date
Public Date
CRA
Rating
Exam Method
508355
AMERISTATE BK, ATOKA, OKLAHOMA
11/02/2009
02/03/2010
S
Small Bank
385547
CITIZENS FARMERS BK COLE CAMP, COLE CAMP, MISSOURI
11/16/2009
02/03/2010
Small Bank
296456
FIRSTBANK, ANTLERS, OKLAHOMA
11/16/2009
02/04/2010
284154
FREEDOM BK OKLAHOMA, TULSA, OKLAHOMA
11/02/2009
02/12/2010
247551
HIGH PLAINS BK, FLAGLER, COLORADO
11/16/2009
02/08/2010
420653
VALLEY ST BK, SYRACUSE, KANSAS
11/02/2009
02/01/2010
s
s
s
s
s
CRA Examinations scheduled for Second Quarter of 2010 (April 1,2010 - June 30,2010)
Institution
* Subject to the provisions of the Community Reinvestment Act
Location
Small Bank
Small Bank
Small Bank
Small Bank
District: 11
Federal Reserve Bank of Dallas
Filings received during the week ending February 20, 2010
Filer
BANK4TEXAS HOLDINGS, INC.
Filing Type
* 3A1
OPPORTUNITY BANCSHARES,
INC.
CIC
SOUTHWEST BANK
* Branch
TEXAS STATE BANKSHARES,
INC.
* 3A1
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
Bank4Texas Holdings, Inc., Tomball, Texas, to
become a bank holding company by acquiring
100 percent of Northern Bancshares, Inc.,
Chillicothe, Texas, and indirectly acquire The
First National Bank of Chillicothe, Chillicothe,
Texas.
Newspaper:
03/10/2010
Federal Register:
03/18/2010
Notice by Capital Z Partners III GP, LTD, George
Town, Cayman Islands; Capital Z Partners III
GP, L.P., George Town, Cayman Islands; Capital
Z Partners Management, LLC, Dover, Delaware;
Capital Z Partners III, L.P., George Town,
Cayman Islands; and Bradley E. Cooper, New
York, New York and Robert A. Spass, New York,
New York, as principals, to acquire 10 percent or
more of the shares of Opportunity Bancshares,
Inc., Bettendorf, Iowa. Opportunity
Bancshares, Inc. controls Opportunity Bank,
N.A., Richardson, Texas.
Newspaper.
02/19/2010
Federal Register:
02/02/2010
Southwest Bank, Fort Worth, Texas, to
establish a branch to be located at 901 South
MoPac Expressway, Building 3, Suite 120,
Austin, Texas 78746.
Newspaper:
02/18/2010
Federal Register:
Not applicable
Texas State Bankshares, Inc., Harlingen, Texas,
to become a bank holding company by
acquiring 100% of the common stock of
Falfurrias State Bank, Falfurrias, Texas.
Newspaper:
Not available
Federal Register:
03/22/2010
District: 11
Federal Reserve Bank of Dallas
Availability of C R A P u b l i c 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.
CRA
RSSD
Exam Date
Institution / Location
ID
NONE
CRA Examinations scheduled for Second Quarter of 2010 (April 1, 2010 - June 30, 2010)
Institution
* Subject to the provisions of the Community Reinvestment Act
Location
Public Date
CRA
Rating
Exam Method
District: 12
Federal Reserve Bank of San Francisco
Filings received during the week ending February 20, 2010
Filer
CARPENTER FUND MANAGER
GP, LLC
Filing Type
:
3 A3
COMMUNITY
BANCORPORATION
CIC
FRANK P. DOYLE TRUST,
ARTICLE IX
CIC
GOLDEN PACIFIC BANCORP,
INC.
3A1
GREEN DOT CORPORATION
* 3A1
LAND BANK OF TAIWAN
FBSEA
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
Carpenter Fund Manager GP, LLC, Carpenter
Fund Management, LLC, Carpenter Community
Bancfund, L.P., Carpenter Community
Bancfund-A, LP, Carpenter Community
Bancfund-CA, L.P., SCJ, Inc., and CCFW, Inc.,
all of Irvine, California, to acquire up to 87
percent of the outstanding voting shares of
Mission Community Bancorp and thereby
indirectly acquire a greater controlling interest
in Mission Community Bank, both of San Luis
Obispo, California; and 2) Mission Community
Bancorp and Mission Community Bank, both of
San Luis Obispo, California, to appoint Stephen
P. Yost as a director of both Bancorp and Bank.
Newspaper:
Not available
Federal Register:
01/29/2010
Park Randal Roney, Mapleton, Utah, Blake
Marshal Roney, Provo, Utah, Robert Tod
Monsen, Mapleton, Utah, and Steven Jay Lund,
of Provo, Utah, to acquire 25 percent or more of
the shares and thereby control of Community
Bancorporation, Pleasant Grove, Utah, and
thereby indirectly control Western Community
Bank, Orem, Utah.
Newspaper
Not available
Federal Register:
Not available
Charles W. Reinking, Santa Rosa, California, to
become co-Trustee of the Frank P. Doyle Trust,
Article IX, which retains voting control of
Exchange Bank, both of Santa Rosa, California.
Newspaper:
Not available
Federal Register:
02/08/2010
Golden Pacific Bancorp, Inc., Sacramento,
California, to become a Bank Holding Company
by acquiring 100 percent of the voting stock of
Gold Country Financial Services, Inc., and
indirectly its subsidiary, Gold Country
Bank,National Association, both of Marysville,
California.
Newspaper:
Not available
Federal Register:
12/07/2009
Green Dot Corporation, Monrovia, California, to
become a bank holding company by acquiring
100 percent of Bonneville Bancorp, and thereby
indirectly acquiring 100 percent of Bonneville
Bank, both of Provo, Utah.
Newspaper
Not available
Federal Register:
03/18/2010
Land Bank of Taiwan Co., Ltd., Taipei, Taiwan,
Newspaper
Not available
to establish a New York branch office pursuant
to section 211.24(a)(2)(i)(A) of Regulation K.
Federal Register:
Not applicable
District: 12
Federal Reserve Bank of San Francisco
Availability of CRA P u b l i c 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.
CRA
RSSD
Exam Date
Institution / Location
ID
NONE
CRA Examinations scheduled for Second Quarter of 2010 (April 1,2010 - June 30,2010)
Institution
Location
CAPITAL BK
SAN JUAN CAPISTRANO, CALIFORNIA
IDAHO BKG CO
BOISE, IDAHO
LIBERTY BK
SOUTH SAN FRANCISCO, CALIFORNIA
NORTH VALLEY BK
REDDING, CALIFORNIA
SANTA LUCIA BK
ATASCADERO, CALIFORNIA
* Subject to the provisions of the Community Reinvestment Act
Public Date
CRA
Rating
Exam Method
@FedFRASER