Federal Reserve Release

H.2

Actions of the Board, Its Staff,

and the Federal Reserve Banks; 

Applications and Reports Received

No. 13 

Week Ending March 27, 2010

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

Credit Scoring -- statement by Sandra F. Braunstein, director, Division of Consumer 

and Community Affairs, before the House Committee on Financial Services on the 

Federal Reserve's role in ensuring that lenders use credit scoring systems 

appropriately to evaluate consumers' credit risk.

- Published, March 24, 2010

Federal Reserve's Exit Strategy -- statement by Chairman Bernanke before the House 

Committee on Financial Services on the Federal Reserve's strategy for exiting from 

the extraordinary lending and monetary policies implemented to combat the financial 

crisis and support economic activity.

- Published, March 25, 2010

Bank Holding Companies

First Niagara Financial Group, Inc., Buffalo, New York -- to (1) become a bank 

holding company and acquire Harleysville National Corporation, Harleysville, 

Pennsylvania, and indirectly acquire Harleysville National Bank; (2) operate First 

Niagara Bank, Buffalo, New York, as a subsidiary savings association until it 

becomes a subsidiary bank upon its conversion to a national bank; and (3) hold First 

Niagara Commercial Bank, Lockport, as a subsidiary of First Niagara Bank until 

First Niagara converts to a national bank and First Niagara Commercial Bank is 

merged into First Niagara Bank, N.A.

- Approved, March 25, 2010

H.2 Board Actions March 21, 2010 to March 27, 2010

(A/C) = Addition or Correction Board - Page 1 of 3
Forms

Forms -- initial Board review to extend without revision the following reports: (1) 

Survey to Obtain Information on the Relevant Market in Individual Merger Cases 

(FR 2060), (2) Request for Extension of Time to Dispose of Assets Acquired in 

Satisfaction of Debts Previously Contracted (FR 4006), (3) Stock Redemption 

Notification (FR 4008), (4) Notice Claiming Status as an Exempt Transfer Agent (FR 

4013), (5) Investment in Bank Premises Notification (FR 4014), and (6) six 

information collections related to the Gramm-Leach-Bliley Act (FR 4010, FR 4011, 

FR 4012, FR 4017, FR 4019, FR 4023); and to extend with revision the (1) Report of 

Terms of Credit Card Plans (FR 2572), (2) Report of Terms of Credit Card Plans 

Supplemental Survey (FR 2572S), and (3) Report of Selected Balance Sheet Items 

for Discount Window Borrowers (FR 2046).

- Proposed, March 25, 2010

Personnel

Division of International Finance -- appointment of Michael Leahy as senior 

associate director, Trevor Reeve as associate director, Christopher Erceg as deputy 

associate director, David Bowman and Charles Thomas as assistant directors, and 

Mark Carey and John Rogers as senior advisers.

- Announced, March 25, 2010

Regulations and Policies

Regulation E (Electronic Fund Transfers) -- final rules to restrict the fees and 

expiration dates that may apply to gift cards.

- Announced, March 23, 2010

Enforcement

Belvedere Capital Partners II LLC, San Francisco, California, Belvedere Capital 

Fund II LP, and Socal Bancorporation -- written agreement with the Federal Reserve 

Bank of San Francisco.

- Announced, March 22, 2010

H.2 Board Actions March 21, 2010 to March 27, 2010

(A/C) = Addition or Correction Board - Page 2 of 3
Enforcement

Coconut Grove Bank, Miami, Floria -- written agreement with the Federal Reserve 

Bank of Atlanta and the State of Florida Office of Financial Regulation.

- Announced, March 25, 2010

Royal Bancshares of Pennsylvania, Inc., Narberth, Pennsylvania -- written agreement 

with the Federal Reserve Bank of Philadelphia.

- Announced, March 25, 2010

United Security Bancshares, Inc., Fresno, California, and United Security Bank -- 

written agreement with the Federal Reserve Bank of San Francisco.

- Announced, March 25, 2010

H.2 Board Actions March 21, 2010 to March 27, 2010

(A/C) = Addition or Correction Board - Page 3 of 3
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 21, 2010 to March 27, 2010

Bank Holding Companies

The Bancorp, Inc., Wilmington, Delaware -- to acquire American Home Bank, 

Chicago, Illinois.

Philadelphia

- Withdrawn, March 23, 2010

Bank4Texas Holdings, Inc., Tomball, Texas -- to become a bank holding company 

and to acquire Northern Bancshares, Inc., Chillicothe, and indirectly acquire The 

First National Bank of Chillicothe.

Dallas

- Withdrawn, March 25, 2010

Chemical Financial Corporation, Midland, Michigan -- to acquire O.A.K. Financial 

Corporation, Byron Center, and thereby acquire Byron Bank, and for Chemical's 

subsidiary, Chemical Bank, Midland, to merge with Byron Bank and thereby 

establish 14 branches.

Chicago

- Approved, March 26, 2010

Northwest Financial Corp., Arnolds Park, Iowa -- to engage de novo in investment 

advisory activities through Northwest Wealth Management, LLC, Arnolds Park.

Chicago

- Withdrawn, March 24, 2010

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

Centennial Bank, Conway, Arkansas -- to purchase the assets and assume the deposit 

liabilities of Key West Bank, Key West, Florida, and to retain the acquired facility as 

a branch.

St. Louis

- Approved, March 26, 2010

Bank Premises

Benchmark Community Bank, Kenbridge, Virginia -- to increase its investment in 

bank premises.

Richmond

- Approved, March 24, 2010

Change in Bank Control

Citizens Bancshares, Inc., Edmond, Oklahoma -- to retain control of Citizens and its 

subsidiary bank, Citizens Bank of Edmond, Edmond.

Kansas City

- Permitted, March 26, 2010

Clarkston Financial Corporation, Waterford, Michigan -- change in bank control of 

Clarkston and its subsidiary bank, Clarkston State Bank, Clarkston (two notices).

Chicago

- Permitted, March 23, 2010

FSBO Holdings, Inc., Olmsted, Illinois -- to retain control of FSBO and its subsidiary 

bank, First State Bank of Olmsted, Olmsted.

St. Louis

- Permitted, March 26, 2010

H.2 Actions under delegated authority March 21, 2010 to March 27, 2010

(A/C) = Addition or Correction Delegated - 2 of 3
Change in Bank Control

Hometown Community Bancshares, Inc., Braselton, Georgia -- change in bank 

control of Hometown and its subsidary bank, Hometown Community Bank, 

Braselton.

Atlanta

- Permitted, March 23, 2010

Vernon Bancshares, Inc., Leesville, Louisiana -- change in bank control of Vernon 

and its subsidiary bank, Vernon Bank, Leesville.

Atlanta

- Permitted, March 26, 2010

H.2 Actions under delegated authority March 21, 2010 to March 27, 2010

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

Federal Reserve Bank of Boston

Filings received during the week ending March 27, 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 27, 2010

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

FBSEA Not available

Not applicable

Fortis Bank (Nederland) N.V., Amsterdam, 

Netherlands, to establish a representative office 

in New York, New York, pursuant to Section 

10(a) of the International Banking Act of 1978, 

as amended, and Section 211.24(a)(1) of 

Regulation K.

FORTIS BANK NEDERLAND NV

Newspaper:

Federal Register:

* 3A3 Not available

04/26/2010

Morgan Stanley, New York, New York, to 

acquire 100 percent of Morgan Stanley Private 

Bank, N.A., Jersey City, New Jersey, pursuant 

to Section 3(a)(3) of the Bank Holding Company 

Act and Section 225.15 of Regulation Y, that will 

be created from converting Morgan Stanley 

Trust into a national bank and merging it with 

Morgan Stanley Bank, NA; and which will 

relocate to Purchase, New York.

MORGAN STANLEY

Newspaper:

Federal Register:

FBSEA

Not applicable

National Agricultural Cooperative Federation, 04/07/2010

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 27, 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 27, 2010

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1

* 4c8

04/02/2010

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

* 4c8

04/02/2010

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 27, 2010

Filer Filing Type Filing Proposal End of Comment Period

NONE

* 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

NONE

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 27, 2010

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

FBSEA

Not applicable

Banco do Estado do Rio Grande do Sul, S.A., 04/11/2010

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 04/23/2010

04/16/2010

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 04/01/2010

04/07/2010

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.

Newspaper:

Federal Register:

* 3A1 04/22/2010

04/23/2010

SmartFinancial, Inc., to become a bank holding 

company by acquiring 100 percent of the 

outstanding shares of SmartBank, both of 

Pigeon Forge, Tennessee.

SMARTFINANCIAL, 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 27, 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:

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

NONE

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 27, 2010

Filer Filing Type Filing Proposal End of Comment Period

NONE

* 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

NONE

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 27, 2010

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

04/12/2010

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

NONE

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 27, 2010

Filer Filing Type Filing Proposal End of Comment Period

NONE

* 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

NONE

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 27, 2010

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

Not available

Notice by Moelis Capital Partners Opportunity 

Fund I, LP, New York, New York; Moelis Capital 

Partners Opportunity Fund I-A, LP, New York, 

New York; Moelis Capital Partners Opportunity 

Fund, I, LLC, New York, New York; Moelis 

Capital Partners LLC, New York, New York; 

Moelis & Company Holdings LLC, New York, 

New York; Moelis & Company Manager LLC, 

New York, New York; and Ken Moelis, New 

York, New York; to apply to the Federal Reserve 

Board for permission to acquire more than 10 

percent of the shares of Opportunity 

Bancshares, Inc., Bettendorf, Iowa, and 

indirectly control its subsidiary, Opportunity 

Bank, NA, Richardson, Texas.

OPPORTUNITY BANCSHARES, 

INC.

Newspaper:

Federal Register:

CIC 05/05/2010

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:

4c8 Not applicable

04/08/2010

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.

Newspaper:

Federal Register:

* 3A1 Not available

Not available

Veritex Holdings, Inc., Dallas, Texas, to become 

a bank holding company by acquiring 100 

percent of Professional Capital, Inc., Dallas, 

Texas, and indirectly acquire Professional Bank, 

N.A., Dallas, Texas.

VERITEX 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 27, 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 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

Newspaper:

Federal Register:

* 3A1

Not available

North Asia Investment Corporation, Seoul, 04/15/2010

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