Federal Reserve Release

H.2

Actions of the Board, Its Staff,

and the Federal Reserve Banks; 

Applications and Reports Received

No. 7 

Week Ending February 18, 2012

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

European Financial Situation -- statement by Steven B. Kamin, director, Division of 

International Finance, before the Senate Committee on Banking, Housing, and Urban 

Affairs on the economic situation in Europe and the Federal Reserve's response.

- Published, February 16, 2012

Bank Holding Companies

Capital One Financial Corporation, McLean, Virginia -- (1) request to acquire ING 

Bank, fsb, Wilmington, Delaware, and indirectly acquire ShareBuilder Advisors, 

LLC, Seattle, Washington, and ING Direct Investing, Inc., and (2) request by ING 

Groep N.V., Amsterdam, The Netherlands, for a determination that it would not be 

deemed to control Capital One.

- Approved, February 14, 2012

Forms

Forms -- initial Board review to revise without extension the Capital Assessments 

and Stress Testing information collection (FR Y-14A/Q/M).

- Proposed, February 14, 2012

Personnel

Division of Banking Supervision and Regulation -- appointment of Todd Vermilyea 

as senior associate director.

- Approved, February 14, 2012

Office of Inspector General -- appointment of J. Anthony Ogden as deputy inspector 

general.

- Approved, January 30, 2012

(A/C)

H.2 Board Actions February 12, 2012 to February 18, 2012

(A/C) = Addition or Correction Board - Page 1 of 2
Enforcement

Commerce Bancshares, Inc., Franklin, Tennessee -- written agreement with the 

Federal Reserve Bank of Atlanta.

- Announced, February 14, 2012

Enforcement Actions -- issuance of consent orders of assessment of civil money 

penalties related to sanctions against five banking organizations (Bank of America 

Corporation; Citigroup Inc.; Ally Financial, Inc.; JPMorgan Chase & Co.; and Wells 

Fargo & Company) for unsafe and unsound processes and practices in residential 

mortgage loan servicing and processing.

- Announced, February 13, 2012

H.2 Board Actions February 12, 2012 to February 18, 2012

(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 Community Affairs

Federal Open Market Committee

RBOPS Reserve Bank Operations and Payment Systems

IF International Finance

February 12, 2012 to February 18, 2012

MA Monetary Affairs

Bank Branches, Domestic

Farmers Bank & Trust Company, Magnolia, Arkansas -- to establish a branch at 

5499 Summerhill Road, Texarkana, Texas.

St. Louis

- Approved, February 13, 2012

Fifth Third Bank, Cincinnati, Ohio -- to establish a branch at 1610 Martin Luther 

King Jr. Boulevard, Raleigh, North Carolina.

Cleveland

- Approved, February 17, 2012

Fifth Third Bank, Cincinnati, Ohio -- to establish a branch at 12336 Miramar 

Parkway, Miramar, Florida.

Cleveland

- Approved, February 17, 2012

Fifth Third Bank, Cincinnati, Ohio -- to establish a branch at 5001 Kingsley Drive, 

Cincinnati.

Cleveland

- Approved, February 17, 2012

Fifth Third Bank, Cincinnati, Ohio -- to establish a branch at 5050 Kingsley Drive, 

Cincinnati.

Cleveland

- Approved, February 17, 2012

(A/C) = Addition or Correction Delegated - 1 of 5
Bank Branches, Domestic

Fifth Third Bank, Cincinnati, Ohio -- to establish a branch at 10797 New Falls Ferry 

Road, Jennings, Missouri.

Cleveland

- Approved, February 17, 2012

Western Bank, Lordsburg, New Mexico -- to establish a branch at 1 Main Street, 

Bisbee, Arizona.

Dallas

- Approved, February 16, 2012

Bank Holding Companies

BankUnited, Inc., Miami Lakes, Florida -- (1) to become a bank holding company 

and to acquire Herald National Bank, New York, New York, and BankUnited, N.A., 

Miami Lakes, Florida; (2) to retain BankUnited (a federal savings association) and 

thereby continue operating a savings association; and (3) to retain BankUnited 

Investment Services, Inc. and thereby continue engaging in investment advisory 

services.

Atlanta

- Approved, February 13, 2012

First Arkansas BancShares, Inc., Jacksonville, Arkansas -- to acquire shares of FAS 

Capital, LLC, Atlanta, Georgia, and thereby engage in lending activities.

St. Louis

- Withdrawn, February 14, 2012

First Arkansas BancShares, Inc., Jacksonville, Arkansas -- to increase its ownership 

in BVCA, LLC, Atlanta, Georgia, and to continue to engage in lending.

St. Louis

- Withdrawn, February 14, 2012

H.2 Actions under delegated authority February 12, 2012 to February 18, 2012

(A/C) = Addition or Correction Delegated - 2 of 5
Bank Holding Companies

First Financial Corporation, Wellington, Kansas -- (1) for First Financial Corporation 

to acquire The Caldwell State Bank in Caldwell, Caldwell; (2) for Caldwell State 

Bank to become a member of the Federal Reserve System; (3) for The First National 

Bank in Wellington, Wellington, to merge with Caldwell State Bank (the merged 

entity to be known as Impact Bank, Wellington); and (4) for Impact Bank to establish 

a branch at the former main office of Caldwell State Bank, Caldwell.

Kansas City

- Approved, February 16, 2012

Landrum Company, Columbia, Missouri -- waiver of application to indirectly 

acquire, through a series of transactions, DKB Bancshares, Inc., Birch Tree, in 

connection with the merger of their respective subsidiary banks, Landmark Bank, 

N.A., Columbia, and Bank of Birch Tree, Birch Tree.

St. Louis

- Granted, February 16, 2012

Liberty Bell Bancorp, Inc., Marlton, New Jersey -- to become a bank holding 

company and to acquire Liberty Bell Bank, Marlton.

Philadelphia

- Withdrawn, February 15, 2012

Bank Mergers

Cottonwood Valley Bank, Cedar Point, Kansas -- to merge with Pilsen State Bank, 

Lincolnville, and thereby establish a branch.

Kansas City

- Approved, February 16, 2012

H.2 Actions under delegated authority February 12, 2012 to February 18, 2012

(A/C) = Addition or Correction Delegated - 3 of 5
Bank Mergers

United Bank, Inc., Parkersburg, West Virginia -- to merge with its affiliate, Centra 

Bank, Inc., Morgantown, and thereby establish a branch.

Richmond

- Approved, February 13, 2012

Change in Bank Control

CB Financial Corporation, Wilson, North Carolina -- change in bank control of 

CB Financial and its subsidiary bank, Cornerstone Bank, Wilson.

Richmond

- Permitted, February 15, 2012

Community Bancshares, Inc., Seneca, Kansas -- to retain control of Community 

Bancshares and its subsidiary bank, Community National Bank, Seneca.

Kansas City

- Permitted, February 16, 2012

FFD Financial Corp., Dover, Ohio -- change in bank control of FFD Financial and its 

subsidiary bank, First Federal Community Bank, N.A., Dover.

Cleveland

- Permitted, February 17, 2012

Metro North Bancshares, Inc., Elk River, Minnesota -- change in bank control of 

Metro North and its subsidiary bank, The Bank of Elk River, Elk River.

Minneapolis

- Permitted, February 14, 2012

H.2 Actions under delegated authority February 12, 2012 to February 18, 2012

(A/C) = Addition or Correction Delegated - 4 of 5
Change in Bank Control

South Street Financial Corp., Albemarle, North Carolina -- change in bank control of 

South Street Financial and its subsidiary thrift, Home Savings Bank of Albemarle, 

Inc., SSB, Albemarle.

Richmond

- Permitted, February 14, 2012

Extensions of Time

Community Bank of Tri-County, Waldorf, Maryland -- extension to May 16, 2012, to 

establish a branch at the intersection of Route 301 and Commerce Drive, Dahlgren, 

Virginia.

Richmond

- Granted, February 15, 2012

Financial Holding Companies 

Republic Bancorp, Inc., Louisville, Kentucky -- election to become a financial 

holding company.

St. Louis

- Effective, February 17, 2012

Regulations and Policies

Federal Open Market Committee -- minutes of the meeting on January 24-25, 2012.

FOMC

- Published, February 15, 2012

H.2 Actions under delegated authority February 12, 2012 to February 18, 2012

(A/C) = Addition or Correction Delegated - 5 of 5
District: 1

Federal Reserve Bank of Boston

Filings received during the week ending February 18, 2012

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 February 18, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch Not available

Not applicable

The Adirondack Trust Company, Saratoga 

Springs, New York, to establish a full service 

branch in the Town of Malta at 320-322 Ruhle 

Road South, Ballston Lake, Saratoga County, 

New York.

ADIRONDACK TRUST 

COMPANY, THE

Newspaper:

Federal Register:

FBSEA Not available

Not applicable

Danske Bank A/S, Copenhagen, Denmark, to 

establish a branch in New York, New York, 

pursuant to Section 211.24 of Regulation K.

DANSKE BANK A/S

Newspaper:

Federal Register:

4c8 Not applicable

Not available

Danske Bank A/S, Copenhagen, Denmark, to 

engage in certain nonbanking activities through 

Danske Markets Inc., New York, New York, 

pursuant to Section 4(c)(8) of the BHC Act and 

Section 225.28(b)(7)(i) of Regulation Y.

DANSKE BANK A/S

* 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 February 18, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

09/21/2011

Patriot Financial Partners, GP, L.P., Patriot 

Financial Partners, L.P., Patriot Financial 

Partners Parallel, L.P., Patriot Financial Partners, 

GP, LLC, Patriot Financial Managers, L.P., 

Patriot Financial Manager, LLC. and Messrs. Ira 

M. Lubert, W. Kirk Wycoff and James J. Lynch, 

all of Philadelphia, Pennsylvania, to purchase 

up to 24.9 percent of Porter Bancorp, Inc., 

Louisville, KY.

PATRIOT FINANCIAL 

PARTNERS LP

* 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 February 18, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

03/01/2012

Notice of Change in Control by Richard H. Thut, 

Orrville, Ohio, to acquire up to 32.97% of the 

voting shares of FC Banc Corp., Bucyrus, Ohio

FC BANC CORP

* 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 February 18, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

03/20/2012

CapGen Capital Group VI LP and CapGen 

Capital Group VI LLC, both of New York, New 

York, to increase their investment up to 49.9% 

of the voting securities of Hampton Roads 

Bankshares, Inc., Norfolk, Virginia, and thereby 

to indirectly increase their investment in Bank of 

Hampton Roads, Norfolk, Virginia, and Shore 

Bank, Onley, Virginia.

CAPGEN CAPITAL GROUP VI 

LLC

* 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 February 18, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A5 03/12/2012

03/16/2012

First Volunteer Corporation, Chattanooga, 

Tennessee, to merge with Gateway Bancshares, 

Inc., and its subsidiary, Gateway Bank & Trust, 

both of Ringgold, Georgia.

FIRST VOLUNTEER 

CORPORATION

Newspaper:

Federal Register:

CIC Not available

02/29/2012

Prior change in control notice filed by Moishe 

Gubin, Hillside, Illinois, and Mark Orenstein, 

Chicago, Illinois, to collectively acquire 

approximately 23.14 percent of the outstanding 

shares of voting securities of OptimumBank 

Holdings, Inc., Ft. Lauderdale, Florida, and its 

subsidiary, OptimumBank, Plantation, Florida. 

Total pro forma ownership will equal 30.17 

percent.

OPTIMUMBANK HOLDINGS, 

INC.

Newspaper:

Federal Register:

* 3A1 Not available

Not available

United Group of Central Florida II, LLC, 

Longwood, Florida, to become a bank holding 

company by acquiring 100 percent of the 

outstanding shares of Citizens Bancorp of 

Oviedo, Inc. and its subsidiary, Citizens Bank of 

Florida, both of Oviedo, Florida.

UNITED GROUP OF CENTRAL 

FLORIDA II, LLC

* 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 February 18, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

The Farmers & Mechanics Bank, Galesburg, 

Illinois, to purchase certain assets and assume 

certain liabilities of Associated Bank, N.A., 

Green Bay, Wisconsin, branches located at 50 

East Main Street and 1865 Henderson Street, 

both of Galesburg, Illinois. The Farmers & 

Mechanics Bank will establish an office at 1865 

Henderson Street, Galesburg, Illinois, upon 

consummation of the proposal.

FARMERS AND MECHANICS 

BANK, THE

Newspaper:

Federal Register:

* 3A1 Not available

01/06/2012

Inspire Bancshares, Inc., Tomah, Wisconsin, to 

become a bank holding company by acquiring 

100 percent of the voting shares of Community 

State Bank, Norwalk, Wisconsin.

INSPIRE BANCSHARES INC

Newspaper:

Federal Register:

* Branch Not available

Not applicable

The Northern Trust Company, Chicago, Illinois, 

to establish a branch facility to be located at 

Telegraph Road Metra Train Station, 911 South 

Telegraph Road, Lake Forest, Illinois.

NORTHERN TRUST COMPANY, 

THE

Newspaper:

Federal Register:

CIC Not available

01/31/2012

Notice by Edward A. Cox, Jr., individually, and 

together with John M. Cox as a group acting in 

concert, both of Naples, Florida, to acquire over 

25 percent of the outstanding shares of 

Rush-Oak Corporation, Chicago, Illinois, and 

thereby indirectly acquire control of Oak Bank, 

Chicago, Illinois.

RUSH-OAK CORPORATION

Newspaper:

Federal Register:

CIC Not available

02/14/2012

Notice by the Patricia I. Walsh Trust, Patricia I. 

Walsh individually and as trustee of the Patricia 

I. Walsh Trust, River Forest, Illinois, Mark J. 

Walsh, River Forest, Illinois, Richard A. Walsh, 

La Grange, Illinois, Katherine Walsh Hennessy, 

Chicago, Illinois, Anne E. Walsh, Forest Park, 

Illinois, Brian J. Walsh, Forest Park, Illinois, and 

Patrick M. Walsh, Chicago, Illinois, together as 

a group acting in concert, to acquire over 25 

percent of the outstanding shares of Rush-Oak 

Corporation, Chicago, Illinois, and thereby 

indirectly acquire control of Oak Bank, Chicago, 

Illinois.

RUSH-OAK CORPORATION

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

Notice by Town and Country Bank, Springfield, 

Illinois, to purchase certain assets and assume 

certain deposit and other liabilities of the branch 

of Associated Bank, National Association, 

Green Bay, Wisconsin, located at 706 Maine 

Street, Quincy, Illinois. Town and Country 

Bank will establish an office at 706 Maine Street, 

Quincy, Illinois, upon consummation of the 

proposal.

TOWN AND COUNTRY BANK

* 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 February 18, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

Member Not applicable

Not applicable

Arkansas County Bank, DeWitt, Arkansas, to 

become a member of the Federal Reserve 

System.

ARKANSAS COUNTY BANK

Newspaper:

Federal Register:

* Branch

Not applicable

Arvest Bank, Fayetteville, Arkansas, to 03/01/2012

establish a branch facility to be located at 13301 

Crystal Hill Road, North Little Rock, Arkansas.

ARVEST BANK

Newspaper:

Federal Register:

* Branch

Not applicable

Arvest Bank, Fayetteville, Arkansas, to 03/01/2012

establish a branch facility to be located at the 

Southwest Corner of Highway 51 and Highway 

69, Wagoner, Oklahoma.

ARVEST BANK

* 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 February 18, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 02/22/2012

02/21/2012

State Bankshares, Inc., Fargo, North Dakota, to 

acquire 100 percent of First Hawley Bancshares, 

Inc., Hawley, Minnesota, and thereby indirectly 

acquire First National Bank, Hawley, Minnesota.

STATE BANKSHARES, INC.

Newspaper:

Federal Register:

* 3A3 Not available

03/09/2012

Western State Agency, Inc. Employee Stock 

Ownership Plan and Trust, Devils Lake, North 

Dakota, to acquire additional shares and 

thereby increase its ownership of Western State 

Agency, Inc., Devils Lake, North Dakota, from 

28.81% up to 43.25%. Western State Agency, 

Inc. owns Western State Bank, Devils Lake, 

North Dakota.

WESTERN STATE AGENCY, 

INC., EMPLOYEE STOCK 

OWNERSHIP PLAN AND TRUST

* 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

 566953 STATE BK OF TOWNSEND, TOWNSEND, MONTANA 06/20/2011 12/26/2011 O Small 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 February 18, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 18C

* Branch Not applicable

Cornerstone Bank, York, Nebraska, to purchase 03/09/2012

certain assets and assume certain liabilities of 

Frontier Bank, Davenport, Nebraska, and 

incident thereto, to establish a branch.

CORNERSTONE BANK

Newspaper:

Federal Register:

* 3A1 Not available

Not available

Prime Time Investments Group, LLC, Wray, 

Colorado, to become a bank holding company 

through the acquisition of 79.2 percent of the 

voting shares of Investment Opts, LLC, 

Bethune, Colorado, and the indirect and direct 

acquisition of approximately 48 percent of the 

voting shares of FarmBank Holding, Inc., 

Greeley, Colorado, parents of FirstFarm Bank, 

Greeley, Colorado.

PRIME TIME INVESTMENTS 

GROUP, LLC

* 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 February 18, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch Not available

Not applicable

PlainsCapital Bank, Dallas, Texas, to establish a 

branch at 6100 Colleyville Boulevard, Suite 170, 

Colleyville, Texas 76034.

PLAINSCAPITAL BANK

Newspaper:

Federal Register:

* 3A1 Not available

Not available

UTB Financial Holding Company, Dallas, Texas, 

to become a bank holding company by 

acquiring 100 percent of United Texas Bank, 

Dallas, Texas.

UTB FINANCIAL HOLDING 

COMPANY

* 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 February 18, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

* 4c8 02/21/2012

First PacTrust Bancorp, Inc., Chula Vista, 

California, to become a bank holding company 

by acquiring 100 percent of Beach Business 

Bank, Manhattan Beach, California, pursuant to 

section 3(a)(1) of the BHC Act, and 2)to retain 

100 percent control of Pacific Trust Bank, 

fsb,Chula Vista, California, and thereby engage 

in operating a nonbank thrift subsidiary, 

pursuant to section 225.28(b)(4) of Regulation 

Y.

FIRST PACTRUST BANCORP, 

INC.

* 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