Federal Reserve Release

H.2

Actions of the Board, Its Staff,

and the Federal Reserve Banks; 

Applications and Reports Received

No. 12 

Week Ending March 20, 2010

Board of Governors of the Federal Reserve System, Washington, DC 20551
Testimony and Statements

Bank Supervision -- statement by Chairman Bernanke before the House Committee 

on Financial Services on the Federal Reserve's role in bank supervision and actions 

the Federal Reserve is taking to strengthen its supervisory oversight.

- Published, March 17, 2010

Insurance Holding Company Supervision -- statement by Jon D. Greenlee, associate 

director, Division of Banking Supervision and Regulation, before a subcommittee of 

the House Committee on Financial Services on the supervision and oversight of 

insurance companies.

- Published, March 18, 2010

Forms

Forms -- initial Board review to extend without revision the Notification of 

Nonfinancial Data Processing Activities (FR 4021) and to discontinue the Survey of 

Financial Management Behaviors of Military Personnel (FR 1375).

- Approved, March 19, 2010

Forms -- final Board review to implement the Senior Credit Officer Opinion Survey 

on Dealer Financing Terms (FR 2034).

- Approved, March 19, 2010

Regulations and Policies

Liquidity Risk Management -- final interagency guidance to provide consistent 

interagency supervisory expectations on sound practices for managing funding and 

liquidity risk.

- Approved, March 12, 2010

(A/C)

H.2 Board Actions March 14, 2010 to March 20, 2010

(A/C) = Addition or Correction Board - Page 1 of 2
Regulations and Policies

Termination of Temporary Exemptions -- termination of temporary exemptions from 

section 23A of the Federal Reserve Act that allowed banks to provide funds for 

certain securities-financing transactions, in conjunction with the termination of the 

special-accommodation discount window program.

- Approved, March 17, 2010

Reserve Bank Operations

Reserve Bank Directors -- revision to the Guide to Conduct for Reserve Bank and 

Branch Directors to require each Bank to adopt a policy governing director 

involvement in procurement matters.

- Approved, March 17, 2010

Enforcement

First Chicago Bancorp, Chicago, Illinois, and First Chicago Bank & Trust -- written 

agreement with the Federal Reserve Bank of Chicago and the Illinois Department of 

Financial and Professional Regulation, Division of Banking.

- Announced, March 15, 2010

FNB Bancorp, Layton, Utah -- written agreement with the Federal Reserve Bank of 

San Francisco.

- Announced, March 15, 2010

H.2 Board Actions March 14, 2010 to March 20, 2010

(A/C) = Addition or Correction Board - Page 2 of 2
H.2 Actions under delegated authority

BS&R

C&CA

FOMC

Banking Supervision and Regulation

Consumer and Comminity Affairs

Federal Open Market Committee

RBOPS Reserve Bank Operations and Payment Systems

IF International Finance

OSDM Office of Staff Director for Management

March 14, 2010 to March 20, 2010

Bank Holding Companies

American Bank Holding Corporation, Corpus Christi, Texas -- to engage de novo in 

financial and investment advisory activities through American Capital Solutions 

Group, Inc., Corpus Christi. 

Dallas

- Withdrawn, March 17, 2010

Bank of America Corporation, Charlotte, North Carolina, and NB Holdings 

Corporation -- to acquire Bank of America North Carolina, National Association (in 

organization), Charlotte.

Richmond

- Withdrawn, March 15, 2010

Cedar Bancorp, Hartington, Nebraska -- to continue to engage in general insurance 

activities through the retention of Hometown Insurance Agency, Inc., Hartington.

Kansas City

- Approved, March 18, 2010

FA Capital, LLC, Richmond, Virginia, and Community Bank Investors of America, 

L.P. -- to increase their investment in Progress Bank of Florida, Tampa, Florida.

Richmond

- Approved, March 16, 2010

Metro Bancorp, Inc., Harrisburg, Pennsylvania -- to acquire Republic First Bancorp, 

Inc., Philadelphia.

Philadelphia

- Withdrawn, March 15, 2010

(A/C) = Addition or Correction Delegated - 1 of 3
Bank Holding Companies

Private Bancorp of America, Inc., La Jolla, California -- to become a bank holding 

company and to acquire San Diego Private Bank, La Jolla.

San Francisco

- Withdrawn, March 16, 2010

Rbancshares, Inc., Westerville, Ohio -- to become a bank holding company and to 

acquire shares of Ohio State Bancshares, Inc., Marion, and thereby indirectly acquire 

Ohio State Bank.

Cleveland

- Approved, March 16, 2010

Union Savings Bank, Danbury, Connecticut -- waiver of application to acquire First 

Litchfield Financial Corporation, Litchfield, in connection with Union's merger with 

The First National Bank of Litchfield.

New York

- Granted, March 18, 2010

Extensions of Time

Prairieland Bancorp Employee Stock Ownership Plan and Trust, Bushnell, Illinois -- 

extension to July 28, 2010, to increase its ownership of Prairieland Bancorp, Inc., 

Bushnell, and thereby indirectly increase its ownership of Merchants and Farmers 

State Bank of Bushnell.

Chicago

- Granted, March 15, 2010

H.2 Actions under delegated authority March 14, 2010 to March 20, 2010

(A/C) = Addition or Correction Delegated - 2 of 3
Membership

Metro Bank, Lemoyne, Pennsylvania -- to become a member of the Federal Reserve 

System.

Philadelphia

- Withdrawn, March 15, 2010

H.2 Actions under delegated authority March 14, 2010 to March 20, 2010

(A/C) = Addition or Correction Delegated - 3 of 3
District: 1

Federal Reserve Bank of Boston

Filings received during the week ending March 20, 2010

Filer Filing Type Filing Proposal End of Comment Period

NONE

* Subject to the provisions of the Community Reinvestment Act
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:

O = 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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 2

Federal Reserve Bank of New York

Filings received during the week ending March 20, 2010

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

FBSEA Not available

Not applicable

National Agricultural Cooperative Federation, 

Seoul, Korea, to establish a representative office 

in New York, New York.

NATIONAL AGRICULTURAL 

COOPERATIVE FEDERATION, 

THE

* Subject to the provisions of the Community Reinvestment Act
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:

O = 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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 3

Federal Reserve Bank of Philadelphia

Filings received during the week ending March 20, 2010

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A5 Not available

04/09/2010

Tower Bancorp, Inc., Harrisburg, PA, to acquire 

First Chester County Corporation, West 

Chester, PA.

TOWER BANCORP INC.

* Subject to the provisions of the Community Reinvestment Act
District: 3

Federal Reserve Bank of Philadelphia

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:

O = 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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 4

Federal Reserve Bank of Cleveland

Filings received during the week ending March 20, 2010

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

* 4c8 04/01/2010

Application by Jane Kincaid LLC, Lexington, 

KY to become a bank holding company by the 

acquisition of 27.9% of the voting shares of 

Central Bancshares, Inc., Lexington, KY 

pursuant to Sections 3(a)(1) and 4(c)(8) of the 

Bank Holding Company Act.

Jane Kincaid LLC

Newspaper:

Federal Register:

* 3A1 Not available

* 4c8 04/01/2010

Application by Joan Kincaid LLC, Lexington, 

KY to become a bank holding company by the 

acquisition of 29.3% of the voting shares of 

Central Bancshares, Inc., Lexington, KY 

pursuant to Sections 3(a)(1) and 4(c)(8) of the 

Bank Holding Company Act.

Joan Kincaid LLC

* Subject to the provisions of the Community Reinvestment Act
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:

O = 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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 5

Federal Reserve Bank of Richmond

Filings received during the week ending March 20, 2010

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 18C

* Branch Not applicable

CNB, Centreville, Maryland, to merge with The 04/11/2010

Felton Bank, Felton, Delaware.

CNB

* Subject to the provisions of the Community Reinvestment Act
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:

O = 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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

 223322 FIRST B&TC, LEBANON, VIRGINIA 11/02/2009 03/04/2010 S Int Sm Bank

 1190074 VIRGINIA CMRC BK, ARLINGTON, VIRGINIA 10/26/2009 02/09/2010 S Large Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 6

Federal Reserve Bank of Atlanta

Filings received during the week ending March 20, 2010

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

FBSEA Not available

Not applicable

Banco do Estado do Rio Grande do Sul, S.A., 

Rio Grande do Su, Brazil, to establish an 

international branch office in Miami, Florida.

BANCO DO ESTADO DO RIO 

GRANDE DO SUL S.A.

Newspaper:

Federal Register:

* 3A1 Not available

Not available

Investar Holding Corporation, to become a bank 

holding company by acquiring 100 percent of 

the outstanding shares of Investar Bank, both 

of Baton Rouge, Louisiana.

INVESTAR HOLDING COMPANY

Newspaper:

Federal Register:

CIC Not available

Not available

Prior change in control notice filed by Robert E. 

Burton, Athens, Georgia, to acquire an 

additional 2.08 percent of the outstanding 

shares of NBG Bancorp, Inc., and its subsidiary, 

National Bank of Georgia, both of Athens, 

Georgia. Total pro forma ownership will equal 

11.45 percent.

NBG BANCORP, INC.

Newspaper:

Federal Register:

CIC Not available

02/09/2010

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, The Palm Bank, both of Tampa, Florida.

PALM BANCORP, INC.

* 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:

O = 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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 7

Federal Reserve Bank of Chicago

Filings received during the week ending March 20, 2010

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

Ames Community Bank, Ames, Iowa, to merge 

with VisionBank of Iowa, Grimes, Iowa. As a 

result of the merger, Ames Community Bank, 

will establish a branch office at 925 Gateway 

Drive, Grimes, Iowa.

AMES COMMUNITY BANK

Newspaper:

Federal Register:

* 3A3 04/02/2010

04/15/2010

Minier Financial,Inc. Employee Stock 

Ownership Plan with 401(k) Provisions, Minier, 

Illinois, to increase its ownership of Minier 

Financial, Inc., Minier, Illinois, from 29 percent 

to up to 35 percent, and thereby increase its 

indirect ownership of First Farmers State Bank, 

Minier, Illinois.

MINIER FINANCIAL, INC. 

EMPLOYEE STOCK OWNERSHIP 

PLAN W/401(K) PROVISIONS

Newspaper:

Federal Register:

CIC Not available

03/30/2010

Notice by Gaetano M. Cecchini, Canton, Ohio, 

as trustee of the Gaetano Mattioli Cecchini 

Living Trust, Canton, Ohio, to acquire 50 

percent or more of the voting shares of 

Southport Financial Corporation, Kenosha, 

Wisconsin, and thereby indirectly acquire 

Southport Bank, Kenosha, Wisconsin.

SOUTHPORT FINANCIAL 

CORPORATION

* Subject to the provisions of the Community Reinvestment Act
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:

O = 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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

 41647 FIRST BKG CTR, BURLINGTON, WISCONSIN 10/13/2009 03/05/2010 S Large Bank

 1917301 LAKE FOREST B&TC, LAKE FOREST, ILLINOIS 08/31/2009 03/08/2010 S Large Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 8

Federal Reserve Bank of St. Louis

Filings received during the week ending March 20, 2010

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC 03/31/2010

03/31/2010

Notice by First State Bancorp, Inc. Employee 

Stock Ownership Plan (Irvin G. Waller and 

Duane S. Michie as trustees), Caruthersville, 

Missouri, to gain control of First State Bancorp, 

Inc., Caruthersville, Missouri.

FIRST STATE BANCORP, INC.

Newspaper:

Federal Register:

CIC 04/09/2010

03/22/2010

Notice by R. Tracy Fox, Little Rock, Arkansas, 

as trustee of the Smith Associated Banking 

Corporation Voting Trust Agreement, which will 

gain control of Smith Associated Banking 

Corporation, Hot Springs, Arkansas, and 

indirectly control Bank of Salem, Salem, 

Arkansas, and Security Bank, Stephens, 

Arkansas.

SMITH ASSOCIATED BANKING 

CORPORATION

* Subject to the provisions of the Community Reinvestment Act
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:

O = 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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

 12946 FARMERS B&TC, MAGNOLIA, ARKANSAS 11/02/2009 03/08/2010 S Int Sm Bank

 272272 SOUTHERN BK, POPLAR BLUFF, MISSOURI 09/08/2009 02/24/2010 S Int Sm Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 9

Federal Reserve Bank of Minneapolis

Filings received during the week ending March 20, 2010

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

Not available

Notice by Dennis and Terri Brazier, Greenbush, 

Minnesota, to gain control of Border 

Bancshares, Inc., Greenbush, Minnesota, and 

thereby indirectly gain control of Border State 

Bank, Greenbush, Minnesota. In addition, 

notice by the Vivian Y. Miller Revocable Trust, 

Roseau, Minnesota; Vivian Y. Miller, Naples, 

Florida, as trustee of the Vivian Y. Miller 

Revocable Trust; the Michael J. Miller Trust, 

Roseau, Minnesota; Jon L. Miller, Naples, 

Florida, individually and as trustee of the Vivian 

Y. Miller Revocable Trust and the Michael J. 

Miller Trust; the William I. Hagen Revocable 

Trust, Roseau, Minnesota; William I. Hagen, 

Warroad, Minnesota, individually and as 

trustee of the William I. Hagen Revocable Trust; 

William M. Hagen, Salol, Minnesota; Lori Ann 

Minard, Bozeman, Montana; Melissa L. 

Tedford, Fargo, North Dakota; Neal L. Broten, 

River Falls, Wisconsin; Sally T. Broten, River 

Falls, Wisconsin; Susan L. Miller, Minneapolis, 

Minnesota; and Brian J. MacLellan, 

Minneapolis, Minnesota, as a group acting in 

concert to acquire and retain control of Border 

Bancshares, Inc., Greenbush, Minnesota, and 

thereby indirectly acquire and retain control of 

Border State Bank, Greenbush, Minnesota.

BORDER BANCSHARES, INC.

Newspaper:

Federal Register:

* 3A5 Not available

04/12/2010

Stonebridge Bancorporation, Minneapolis, 

Minnesota, to acquire 100 percent of Shakopee 

Bancorporation, Inc., Shakopee, Minnesota, and 

thereby indirectly acquire Citizens State Bank of 

Shakopee, Shakopee, Minnesota.

STONEBRIDGE 

BANCORPORATION

* Subject to the provisions of the Community Reinvestment Act
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:

O = 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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

 777254 FARMERS ST BK OF WEST CONCORD, WEST CONCORD, MINNESOTA10/13/2009 03/04/2010 S Small Bank

 374653 FIRST PREMIER BK, SIOUX FALLS, SOUTH DAKOTA 10/13/2009 03/12/2010 S Int Sm Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 10

Federal Reserve Bank of Kansas City

Filings received during the week ending March 20, 2010

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

4c8 Not applicable

Not applicable

AmFirst Financial Services, Inc., McCook, 

Nebraska, to engage in insurance activities 

through the acquisition of 100 percent of the 

voting shares of AmFirst Insurance Agency, 

LLC, Benkelman, Nebraska.

AMFIRST FINANCIAL 

SERVICES, INC.

Newspaper:

Federal Register:

* 3A1 04/03/2010

04/08/2010

PBS Bancshares, Inc., to become a bank holding 

company through the acquisition of 87.31 

percent of the voting shares of People's Bank of 

Seneca, both in Seneca, Missouri.

PBS BANCSHARES, INC.

* 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:

O = 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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

 285852 FIRST OPTION BK, OSAWATOMIE, KANSAS 12/14/2009 03/08/2010 S Small Bank

 2465881 PLATTE VALLEY BK, SCOTTSBLUFF, NEBRASKA 11/30/2009 03/08/2010 O Int Sm Bank

 2451 THUNDER BK, SYLVAN GROVE, KANSAS 12/14/2009 03/11/2010 S Small Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 11

Federal Reserve Bank of Dallas

Filings received during the week ending March 20, 2010

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

04/07/2010

Notice by Mr. Ross H. Smith, Jr. and Eva J. 

Smith, Bridge City, Texas, to increase their 

ownership and control, from 9.97 percent to 

more than 10 percent, of OSB Financial Services, 

Inc., Orange, Texas, and indirectly, Orange 

Savings Bank, SSB, Orange, Texas.

OSB FINANCIAL SERVICES, INC.

Newspaper:

Federal Register:

* 3A1 04/07/2010

04/09/2010

TexStar Bancshares, Inc., Universal City, Texas, 

to become a bank holding company by 

acquiring 100 percent of TexStar National Bank, 

Universal City, Texas.

TEXSTAR BANCSHARES, INC.

Newspaper:

Federal Register:

4c8 Not applicable

03/18/2010

Retroactive notice by TTC Holdings, Inc., San 

Antonio, Texas, to engage in financial and 

investment advisory activities pursuant to 

Section 225.28(b)(6)(i) of Regulation Y, through 

its acquisition of Austin, Calvert & Flavin, Inc., 

San Antonio, Texas.

TTC HOLDINGS, INC.

* 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:

O = 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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 12

Federal Reserve Bank of San Francisco

Filings received during the week ending March 20, 2010

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

Not available

Anchor Bancorp, Inc., Lacey, Washington, to 

become a bank holding company by acquiring 

100 percent of Anchor Mutual Savings Bank, 

Aberdeen, Washington, upon conversion from 

a mutual savings bank to a stock savings bank.

ANCHOR BANCORP, INC.

Newspaper:

Federal Register:

* 3A3 Not available

01/29/2010

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.

CARPENTER FUND MANAGER 

GP, LLC

Newspaper:

Federal Register:

CIC 03/10/2010

03/12/2010

Park Randal Roney, Mapleton, Utah, Blake 

Marshall Roney, Provo, Utah, Robert Tod 

Monsen, Mapleton, Utah, and Steven Jay Lund, 

of Provo, Utah, to acquire 25 percent or more of 

the voting shares of Community 

Bancorporation, Pleasant Grove, Utah, and 

thereby indirectly acquire voting shares of 

Western Community Bank, Orem, Utah.

COMMUNITY 

BANCORPORATION

Newspaper:

Federal Register:

CIC Not available

02/08/2010

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.

FRANK P. DOYLE TRUST, 

ARTICLE IX

Newspaper:

Federal Register:

* 3A3 Not available

Not available

Franklin Resources, Inc., San Mateo, California, 

to retain 9.53 percent of the voting shares of 

West Coast Bancorp, and thereby indirectly 

West Coast Bank, both of Lake Oswego, 

Oregon, pursuant to Section 3(a)(3) of the Bank 

Holding Company Act.

FRANKLIN RESOURCES, INC.

Newspaper:

Federal Register:

* 3A1 Not available

12/07/2009

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.

GOLDEN PACIFIC BANCORP, 

INC.

Newspaper:

Federal Register:

FBSEA Not available

Not applicable

Land Bank of Taiwan Co., Ltd., Taipei, Taiwan, 

to establish a New York branch office pursuant 

to section 211.24(a)(2)(i)(A) of Regulation K.

LAND BANK OF TAIWAN

* Subject to the provisions of the Community Reinvestment Act
District: 12

Federal Reserve Bank of San Francisco

Filings received during the week ending March 20, 2010

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

Not available

North Asia Investment Corporation, Seoul, 

Korea, to become a bank holding company by 

acquiring 100 percent of Pacific City Financial 

Corporation, and indirectly its subsidiary, 

Pacific City Bank, both of Los Angeles, 

California.

NORTH ASIA INVESTMENT 

CORPORATION

Newspaper:

Federal Register:

* 3A1 Not available

04/08/2010

One Main Street, LLC, and One Main Street 

Management, LLC, both of New York, New 

York, to become bank holding companies by 

acquiring 100 percent of Liberty Bank, Inc., Salt 

Lake City, Utah.

ONE MAIN STREET, LLC

* Subject to the provisions of the Community Reinvestment Act
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:

O = 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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act