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Federal Reserve Release
f^L
H.2
Actions of the Board, Its Staff,
and the Federal Reserve Banks;
Applications and Reports Received
No. 6
Week Ending February 5, 2011
Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2
Board Actions
January 30,2011 to February 5,2011
Testimony and Statements
Commercial Real Estate — statement by Patrick M. Parkinson, director, Division of
Banking Supervision and Regulation, before the Congressional Oversight Panel on
the current state of commercial real estate finance and its relationship to the stability
of the financial system.
- Published, February 4, 2011
Monetary and Financial Policy
Term Deposit Facility ~ TDF auction of $5 billion in 28-day term deposits on
February 7, 2011.
- Announced, February 3, 2011
Regulations and Policies
Regulation Z (Truth in Lending) — notice that the Board does not expect to finalize
three pending rulemakings under Regulation Z (Docket Nos. R-1366, R-1367, and
R-1390) before the transfer of rulemaking authority to the Consumer Financial
Protection Bureau.
- Announced, February 1,2011
Reporting Requirements for Savings and Loan (S&L) Holding Companies ~
publication for comment of notice of intent to require S&L holding companies to
submit the same reports as bank holding companies, beginning with the March 31,
2012, report date, pursuant to the transfer of supervisory functions for S&L holding
companies to the Board under the Dodd-Frank Act.
- Approved, January 28, 2011
(A/C)
Enforcement
Cokato Bancshares, Inc., Cokato, Minnesota — written agreement with the Federal
Reserve Bank of Minneapolis.
- Announced, February 1, 2011
(A/C) = Addition or Correction
Board - Page 1 of
1
H.2
Actions under delegated authority
BS&R Banking Supervision and Regulation
January 30,2011 to February 5,2011
RBOPS Reserve Bank Operations and Payment Systems
C&CA Consumer and Comminity Affairs
IF International Finance
FOMC Federal Open Market Committee
OSD Office of Staff Director
Bank Holding Companies
Kansas City
C.S.B. Co., Cozad, Nebraska — waiver of application to acquire FNS, Inc., Schuyler,
and its subsidiary bank, First National Bank, in connection with First National's
merger with and into C.S.B.'s subsidiary bank, Homestead Bank, Cozad.
- Granted, February 4, 2011
St. Louis
First National Bancorp, Inc., Green Forest, Arkansas — to acquire additional shares of
Legacy National Bank, Springdale.
- Approved, February 3, 2011
Cleveland
FNB Bancshares, Inc., Sycamore, Ohio — to become a bank holding company and to
acquire First National Bank of Sycamore, Sycamore.
- Approved, January 31,2011
Bank Mergers
Chicago
Northbrook Bank & Trust Company, Northbrook, Illinois ~ to purchase certain
assets and assume certain liabilities of Community First Bank-Chicago, Chicago, and
thereby establish a branch at 7555 North Western Avenue.
- Approved, February 3, 2011
(A/C) = Addition or Correction
Delegated - 1 of
3
H.2
Actions under delegated authority
January 30,2011 to February 5,2011
Banks. Foreign
Richmond
Caja de Ahorros y Monte de Piedad de Navarra, Pamplona, Spain ~ to establish a
representative office in Washington, D C.
- Withdrawn, February 3, 2011
Change in Bank Control
Minneapolis
First Advantage Bancshares, Inc., Coon Rapids, Minnesota — change in bank control
of First Advantage and its subsidiary bank, First Advantage Bank, Coon Rapids.
- Permitted, February 3, 2011
Chicago
Independence Bancshares, Inc., Independence, Iowa — to retain control of
Independence and its subsidiary banks, Security State Bank, Independence, and
Northeast Security Bank, Sumner.
- Permitted, February 3, 2011
Dallas
SBT Bancshares, Inc., Dallas, Texas — change in bank control of SBT and its
subsidiary bank, State Bank of Texas, Dallas.
- Permitted, February 4, 2011
Extensions of Time
St. Louis
Central Bancshares, Inc., Little Rock, Arkansas — extension to May 3, 2011, to
become a bank holding company and to acquire Central Bank, Little Rock.
- Granted, February 3, 2011
(A/C) = Addition or Correction
Delegated - 2
of
3
H.2
Actions under delegated authority
January 30,2011 to February 5,2011
Membership
Boston
Reading Co-operative Bank, Reading, Massachusetts — to become a member of the
Federal Reserve System.
- Approved, February 1, 2011
(A/C) = Addition or Correction
Delegated - 3
of
3
District: 1
Federal Reserve Bank of Boston
Filings received during the week ending February 5,2011
Filer
First Connecticut Bancorp, Inc.
Filing Type
* 3A1
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
First Connecticut Bancorp, Inc., Farmington,
Connecticut to acquire 100% of the outstanding
capital stock of Farmington Bank, Farmington,
Connecticut, pursuant to section 3(a)(1) of the
BHC Act, in connection with the conversion of
the holding company from mutual to stock form.
End of Comment Period
Newspaper:
Federal Register:
Not available
Not available
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.
RSSD
ID
CRA
Institution / Location
Exam Date
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Public Date
CRA
Rating
Exam Method
District: 2
Federal Reserve Bank of New York
Filings received during the week ending February 5, 2011
Filer
Filing Type
BANCA POPOLARE VICENZA
SCPAARL
FBSEA
HANA FINANCIAL GROUP INC.
4c8
ORANGE COUNTY TRUST
COMPANY
* Branch
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
Banca Popolare di Vicenza S.C.p.A, Vicenza,
Italy, to establish a representative office in New
York, New York, pursuant to Section 211.24(a)
(1) of Regulation K.
Newspaper:
Not available
Federal Register:
Not applicable
Hana Financial Group Inc., Seoul, Korea, to
acquire a controlling interest in Korea Exchange
Bank, Seoul, Korea ("KEB"), and thereby
engage indirectly through KEB's U.S.
nonbanking subsidiaries in certain lending
activities.
Newspaper:
Not applicable
Federal Register:
02/18/2011
Orange County Trust Company, Middletown,
New York, to establish a branch office located at
1166 Main Street, Fishkill, New York.
Newspaper:
Federal Register:
02/16/2011
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.
RSSD
ID
CRA
Institution / Location
Exam Date
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Public Date
CRA
Rating
Exam Method
District: 3
Federal Reserve Bank of Philadelphia
Filings received during the week ending February 5, 2011
Filer
Filing Type
NONE
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
District: 3
Federal Reserve Bank of Philadelphia
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
Public Date
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
CRA
Rating
Exam Method
District: 4
Federal Reserve Bank of Cleveland
Filings received during the week ending February 5, 2011
Filer
NEXTIER INCORPORATED
Filing Type
CIC
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
Notice of Change in Bank Control by the Snyder
Control Group to acquire an additional 41.1
percent of the outstanding voting shares of
Nextier, Inc., Butler, PA resulting in a 51.0
percent controlling ownership interest.
End of Comment Period
Newspaper:
Federal Register:
02/28/2011
Not available
District: 4
Federal Reserve Bank of Cleveland
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.
RSSD
ID
CRA
Institution / Location
Exam Date
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Public Date
CRA
Rating
Exam Method
District: 5
Federal Reserve Bank of Richmond
Filings received during the week ending February 5, 2011
Filer
Filing Type
Filing Proposal
End of Comment Period
BANCA CIVICA, S.A.
FBSEA
Banca Civica, S.A., Madrid, Spain, to establish a
representative office in Washington, D.C.
Newspaper:
Federal Register:
Not available
Not applicable
COMMUNITY CAPITAL BANK
OF VIRGINIA
* Branch
Community Capital Bank of Virginia,
Christiansburg, Virginia, proposes to establish a
branch located at 100 West Franklin Street,
Richmond, Virginia.
Newspaper:
Federal Register:
02/11/2011
Not applicable
HARVEST BANCORP, INC.
CIC
Notice by Mr. Mehrdad Elie of Redwood City,
California, to individually acquire up to 32%,
and as a group acting in concert with Mr.
Mesfin Ayenew, Potomac, Maryland; Mr. David
P. Como, Napa, California; Mr. Charles
Tumbaugh, Baltimore, Maryland; Mr. Robert L.
Gossard, Burlinggame, California; and Mr.
Terrance M. Davis, Dillon Beach, California, to
acquire in aggregate up to 41% of the voting
securities of HarVest BanCorp, Inc.,
Gaithersburg, Maryland, and indirectly acquire
shares of HarVest Bank of Maryland, Rockville,
Maryland.
Newspaper:
Federal Register:
Not available
02/18/2011
PIONEER BANKSHARES, INC.
CIC
Mr. Richard T. Spurzem, Charlottesville,
Virginia, to individualy retain 10.02% and
together with Sandbox, LLC to retain 10.05% of
of the outstanding shares of Pioneer
Bankshares, Inc., Stanley, Virginia
Newspaper:
Federal Register:
Not available
Not available
VIRGINIA HERITAGE BANK
* Branch
Virginia Heritage Bank, Fairfax, Virginia, to
establish a branch located at 45745 Nokes
Boulevard, Dulles, Virginia
Newspaper:
Federal Register:
02/14/2011
Not applicable
* Subject to the provisions of the Community Reinvestment Act
District: 5
Federal Reserve Bank of Richmond
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
Public Date
CRA
Rating
Exam Method
8631
PLEASANTS CTY BK, SAINT MARYS, WEST VIRGINIA
10/04/2010
01/18/2011
S
Small Bank
417626
PUTNAM CTY BK, HURRICANE, WEST VIRGINIA
10/18/2010
01/20/2011
S
Int Sm Bank
693224
UNION FIRST MKT BK, RICHMOND, VIRGINIA
09/13/2010
01/26/2011
S
Large Bank
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
District: 6
Federal Reserve Bank of Atlanta
Filings received during the week ending February 5, 2011
Filer
Filing Type
Filing Proposal
End of Comment Period
BANKSHARES, INC., THE
* 3A5
The BANKshares, Inc., Winter Park, Florida, to
merge with The Commercial Bancorp, Inc., and
its subsidiary, East Coast Community Bank,
both of Ormond Beach, Florida.
Newspaper:
Federal Register:
Not available
03/07/2011
BISCAYNE BANC SHARES, INC.
CIC
After-the-fact change in control notice filed by
Thomas Dunlap Lumpkin II, and Peyton White
Lumpkin, Pinecrest, Florida, to retain 10.51
percent of the outstanding shares of Biscayne
Bancshares, Inc. and its subsidiary bank,
Biscayne Bank, both of Coconut Grove, Florida
Newspaper:
Not available
Federal Register:
02/11/2011
Hancock Holding Company, Gulfport,
Mississippi, to merge with Whitney Holding
Corporation, and its subsidiary, Whitney
National Bank, both of New Orleans, Louisiana
Newspaper:
Not available
Federal Register:
03/07/2011
Peoples Bancshares, Inc., to become a bank
holding company by acquiring 100 percent of
the outstanding shares of People Bank, both of
Mendenhall, Mississippi.
Newspaper.
Federal Register:
Not available
02/28/2011
HANCOCK HOLDING COMPANY
PEOPLES BANCSHARES, INC.
* 3A5
* 3A1
* Subject to the provisions of the Community Reinvestment Act
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.
RSSD
ID
CRA
Institution / Location
Exam Date
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Public Date
CRA
Rating
Exam Method
District: 7
Federal Reserve Bank of Chicago
Filings received during the week ending February 5, 2011
Filer
Filing Type
Filing Proposal
End of Comment Period
FIRST COMMUNITY
BANC SHARES CORP.
CIC
Notice by Betty J. Bradshaw 2000 Irrevocable
Trust dated 10/30/00, Charles M. Shea, as
Trustee, and Molly Boed, as committee member
of the Betty Bradshaw 2000 Irrevocable Trust
dated 10/30/00, to acquire control of First
Community Bancshares Corp., Anamosa, Iowa,
and thereby indirectly acquire control of First
Community Bank, Milton, Wisconsin and
Citizens Savings Bank, Anamosa, Iowa.
Newspaper:
Federal Register:
Not available
08/23/2010
TAYLOR CAPITAL GROUP, INC.
CIC
Notice by Jennifer Wells Steans, Evanston,
Illinois, Heather Steans and Robin Steans,
Chicago, Illinois, as trustee of The Steans 1996
Family Trust; The Steans 1996 Family Trust,
Chicago, Illinois; Trilogy Investment Group,
LLC, Chicago, Illinois; Adeline Steans
Morrison, Lake Forest, Illinois; Helen Harrison
Morrison, Washington, D C.; Lois Langdon
Morrison, Chicago, Illinois; Justin William
Daab, Chicago, Illinois; Margot Morrison
Brinley, Charlotte, North Carolina; Charles
Edward Brinley, Charlotte, North Carolina, Amy
Morrison Heinrich, Grayslake, Illinois;
Foursquare Investments, LLC, Chicago, Illinois;
Thomas Benton Hunter IV, Lake Forest, Illinois;
Willard Morrison Hunter, Lake Bluff, Illinois,
individually and as custodian for Willard K.
Hunter; Benjamin James Hunter, Chicago,
Illinois; Peter Morrison Hunter, New York, New
York; Tschamer de Graffenried Hunter, New
York, New York; and Thomas Ruffin Hunter,
Lake Forest, Illinois, to retain and acquire shares
of Taylor Capital Group, Inc., Rosemont, Illinois,
and indirectly Cole Taylor Bank, Chicago,
Illinois, and thereby join the existing Steans
Family Control Group.
Newspaper:
Not available
Federal Register:
02/24/2011
Newspaper:
Federal Register:
02/12/2011
Not applicable
VILLAGE BANK & TRUST
* 18C
* Branch
* Subject to the provisions of the Community Reinvestment Act
Village Bank and Trust Company, Arlington
Heights, Illinois, to purchase certain assets and
assume certain liabilities of a branch located in
320 East Northwest Highway, Mount Prospect,
Illinois, from Northbrook Bank & Trust
Company, Northbrook, Illinois, and thereby to
establish a branch at the same location.
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.
RSSD
ID
CRA
Institution / Location
Exam Date
Public Date
CRA
Rating
Exam Method
222147
CITIZENS BK, FLINT, MICHIGAN
06/02/2008
12/14/2010
NI
Large Bank
489641
MARKESAN ST BK, MARKESAN, WISCONSIN
05/10/2010
01/24/2011
S
Small Bank
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
District: 8
Federal Reserve Bank of St. Louis
Filings received during the week ending February 5, 2011
Filer
ROCK BANCSHARES, INC.
SUMMIT BANK
Filing Type
4c8
Member
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
Rock Bancshares, Inc., Little Rock, Arkansas, to
engage in lending activities.
Newspaper:
Not applicable
Federal Register:
Not applicable
Summit Bank, Arkadelphia, Arkansas to become
a member of the Federal Reserve System.
Newspaper:
Not applicable
Federal Register:
Not applicable
District: 8
Federal Reserve Bank of St. Louis
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
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Public Date
CRA
Rating
Exam Method
District: 9
Federal Reserve Bank of Minneapolis
Filings received during the week ending February 5, 2011
Filer
Filing Type
Filing Proposal
End of Comment Period
FIDELITY HOLDING COMPANY
CIC
Change in Control Notice by Russell Craig Flom,
Edina, Minnesota, to gain control of Fidelity
Holding Company, Minnetonka, Minnesota,
and thereby indirectly gain control of Fidelity
Bank, Edina, Minnesota.
Newspaper:
Federal Register:
Not available
02/23/2011
WILCOX BANCSHARES, INC.
CIC
Notice by Noah W. Wilcox, as an individual and
as trustee of the Noah W. Wilcox Trust, Grand
Rapids, Minnesota, to acquire 25 % or more of
the shares of Wilcox Bancshares, Grand Rapids,
Minnesota, and thereby indirectly control Grand
Rapids State Bank, Grand Rapids, Minnesota.
Additionally, the Noah W. Wilcox trust will
acquire 10 % or more of Wilcox Bancshares, and
thus join the Wilcox Family Group, and thereby
indirectly control Grand Rapids State Bank,
Grand Rapids, Minnesota.
Newspaper:
Federal Register:
Not available
02/01/2011
* Subject to the provisions of the Community Reinvestment Act
District: 9
Federal Reserve Bank of Minneapolis
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.
RSSD
ID
CRA
Institution / Location
960159
SUPERIOR BK, SUPERIOR, WISCONSIN
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Exam Date
Public Date
10/12/2010
01/24/2011
CRA
Rating
Exam Method
S
Small Bank
District: 10
Federal Reserve Bank of Kansas City
Filings received during the week ending February 5,2011
Filer
FIVE POINTS BANK
Filing Type
* 18C
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
Five Points Bank, Grand Island, Nebraska, to
purchase certain assets and assume certain
liabilities of the LaVista, Nebraska branch of
First State Bank, Gothenberg, Nebraska.
End of Comment Period
Newspaper:
Federal Register:
02/18/2011
Not applicable
District: 10
Federal Reserve Bank of Kansas City
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
CRA
ID
Institution / Location
Exam Date
Public Date
CRA
Rating
Exam Method
132853
COLORADO CMNTY BK, YUMA, COLORADO
10/12/2010
01/20/2011
S
Int Sm Bank
3027763
CORNERSTONE BK, OVERLAND PARK, KANSAS
10/25/2010
01/20/2011
S
Small Bank
152851
FIRST CMNTY BK, EMPORIA, KANSAS
11/01/2010
01/26/2011
S
Small Bank
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
District: 11
Federal Reserve Bank of Dallas
Filings received during the week ending February 5, 2011
Filer
SHELBY BANCSHARES, INC.
Filing Type
CIC
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
Notice by James Edward Campbell; Rick Lane
Campbell, individually, and as Trustee for the
Collin McElroy Trust; Angela Lee Koonce,
individually, and as Trustee for the Collin
McElroy Trust; and Cameron James McElroy all
of Center, Texas (the "Campbell Family Group");
Aaron Weldon Boles and Lisa Gayle McAdams,
both of Center, Texas (the "Boles Family
Group"); Clyde Donald Monroe, Center, Texas;
and Brenda Monroe Humble, Shelbyville, Texas
(the "Monroe Family Group"); Sammy Dean
Dance and Connie Mettauer, both of Center,
Texas (the "Dance Family Group") (collectively
"Notificants"), to retain 25 percent or more of
the shares of, and thereby control of, Shelby
Bancshares, Inc. and indirectly Shelby Savings
Bank, SSB, both of Center, Texas.
End of Comment Period
Newspaper:
Federal Register:
Not available
02/17/2011
District: 11
Federal Reserve Bank of Dallas
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.
RSSD
ID
CRA
Institution / Location
Exam Date
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* 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 5, 2011
Filer
Filing Type
Filing Proposal
End of Comment Period
BANK OF TAIWAN
FBSEA
Bank of Taiwan, Taipei, Taiwan, to upgrade its
New York Agency to a branch office pursuant
to section 211.24(a)(2)(ii)(a) of Regulation K and
seciton 7(d) of FBSEA.
Newspaper:
Federal Register:
Not available
Not applicable
CENTRAL PACIFIC FINANCIAL
CORP.
CIC
1) 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; and Central Pacific Corp, Honolulu,
Hawaii, to appoint Alvaro Jose Aguirre as a
Director.
Newspaper:
Federal Register:
Not available
12/17/2010
* Subject to the provisions of the Community Reinvestment Act
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.
RSSD
ID
CRA
Institution / Location
Exam Date
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Public Date
CRA
Rating
Exam Method
@FedFRASER