Federal Reserve Release

H.2

Actions of the Board, Its Staff,

and the Federal Reserve Banks; 

Applications and Reports Received

No. 11 

Week Ending March 12, 2011

Board of Governors of the Federal Reserve System, Washington, DC 20551
Bank Holding Companies

The Goldman Sachs Group, Inc., New York, New York -- to retain shares of Avenue 

Financial Holdings, Inc., Nashville, Tennessee, and indirectly retain shares of 

Avenue Bank.

- Approved, March 9, 2011

Forms

Forms -- initial Board review to extend without revision the recordkeeping and 

disclosure requirements associated with the Guidance on Response Programs for 

Unauthorized Access to Customer Information (FR 4100).

- Proposed, March 10, 2011

Enforcement

Farmers and Merchants Bancshares, Inc., Burlington, Iowa -- written agreement with 

the Federal Reserve Bank of Chicago.

- Announced, March 8, 2011

Florida Bank Group, Inc., Tampa, Florida, and Florida Bank -- written agreement 

with the Federal Reserve Bank of Atlanta.

- Announced, March 8, 2011

Rosholt Bancorporation, Inc., Rosholt, Wisconsin -- written agreement with the 

Federal Reserve Bank of Chicago.

- Announced, March 8, 2011

Stark Bank Group, Ltd., Fort Dodge, Iowa, and First American Bank -- written 

agreement with the Federal Reserve Bank of Chicago and the Iowa Division of 

Banking, Superintendent of Banking.

- Announced, March 8, 2011

H.2 Board Actions March 6, 2011 to March 12, 2011

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

OSD Office of Staff Director

March 6, 2011 to March 12, 2011

Bank Branches, Domestic

Bank of Commerce, Yukon, Oklahoma -- to establish a branch at 120 S. Mustang 

Road.

Secretary

- Approved, March 11, 2011

CCB Community Bank, Andalusia, Alabama -- to establish a branch at 1502 East 

John Sims Parkway, Niceville, Florida.

Atlanta

- Approved, March 11, 2011

First Bank, Creve Coeur, Missouri -- to establish a branch at 12301 Wilshire 

Boulevard, Los Angeles, California.

St. Louis

- Withdrawn, March 9, 2011

PlainsCapital Bank, Lubbock, Texas -- to establish a branch at 5010 University 

Avenue, Lubbock.

Dallas

- Approved, March 9, 2011

Union First Market Bank, Richmond, Virginia -- to establish branches at 2035 East 

Market Street, Harrisonburg; 240 Elizabeth Drive, Stephens City; 400 Gateway Drive 

and 200 Rivendall Court, Winchester; 15371 Montanus Drive, Culpeper; 437 Tiffany 

Drive, Waynesboro; and 1015 Richmond Road, Staunton (7 applications).

Richmond

- Approved, March 7, 2011

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

First Prestonsburg Bancshares, Inc., Prestonsburg, Kentucky -- waiver of application 

to acquire Short Holding Company, Hager Hill, in connection with the merger of 

their respective subsidiary banks, First Commonwealth Bank, Prestonsburg, and 

Family Bank, FSB, Paintsville.

Cleveland

- Granted, March 10, 2011

Veritex Holdings, Inc., Dallas, Texas -- to acquire Fidelity Resources Company, 

Plano, and indirectly acquire Fidelity Bank.

Dallas

- Approved, March 7, 2011

Banks, Foreign

Banco de Desarrollo Rural, S.A., Guatemala City, Guatemala -- to establish a 

representative office in Miami, Florida.

Atlanta

- Withdrawn, March 4, 2011

(A/C)

Banks, State Member

Regions Bank, Birmingham, Alabama -- to make certain public welfare investments.

Director, BS&R

- Approved, March 11, 2011

Change in Bank Control

Wilcox Bancshares, Inc., Grand Rapids, Minnesota -- change in bank control of 

Wilcox and its subsidiary bank, Grand Rapids State Bank, Grand Rapids.

Minneapolis

- Permitted, March 11, 2011

H.2 Actions under delegated authority March 6, 2011 to March 12, 2011

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

C-B-G, Inc., West Liberty, Iowa -- extension to June 13, 2011, to acquire additional 

shares of Washington Bancorp, Washington, and thereby increase its indirect interest 

in Washington Bancorp's subsidiary bank, Federation Bank.

Chicago

- Granted, March 7, 2011

Carlson Bancshares, Inc., West Memphis, Arkansas -- extension to June 10, 2011, to 

acquire a percentage of Central Bancshares, Inc., Little Rock, and thereby indirectly 

acquire Central Bank.

St. Louis

- Granted, March 10, 2011

The Adirondack Trust Company Employee Stock Ownership Trust, Saratoga 

Springs, New York -- extension to June 20, 2011, to acquire additional shares of 473 

Broadway Holding Corporation, Saratoga Springs, and The Adirondack Trust 

Company, and to retain shares of Trust Company.

New York

- Granted, March 11, 2011

H.2 Actions under delegated authority March 6, 2011 to March 12, 2011

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

Federal Reserve Bank of Boston

Filings received during the week ending March 12, 2011

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 12, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

Investment Not applicable

Not applicable

Citibank, N.A., Las Vegas, Nevada and Citibank 

Overseas Investment Corporation, New Castle, 

Delaware, pursuant to Section 211.9(f) of 

Regulation K, to make investments in Citi Hedge 

Fund Services (Ireland) Limited and Citi Fund 

Services (Ireland) Limited, both of Dublin, 

Ireland.

CITIBANK OVERSEAS 

INVESTMENT CORPORATION

* 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 12, 2011

Filer Filing Type Filing Proposal End of Comment Period

NONE

* 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 12, 2011

Filer Filing Type Filing Proposal End of Comment Period

NONE

* 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 12, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC 02/22/2011

02/18/2011

Notice by Mr. Mehrdad Elie of Redwood City, 

California, to individually acquire up to 32%, 

and as a group acting in concert with Mr. 

Mesfin Ayenew, Potomac, Maryland; Mr. David 

P. Como, Napa, California; Mr. Charles 

Turnbaugh, Baltimore, Maryland; Mr. Robert L. 

Gossard, Burlinggame, California; and Mr. 

Terrance M. Davis, Dillon Beach, California, to 

acquire in aggregate up to 41% of the voting 

securities of HarVest BanCorp, Inc., 

Gaithersburg, Maryland, and indirectly acquire 

shares of HarVest Bank of Maryland, Rockville, 

Maryland.

HARVEST BANCORP, INC.

Newspaper:

Federal Register:

* 18C

Not applicable

StellarOne Bank, Christiansburg, Virginia, to 03/25/2011

assume certain liabilities of the Lexington, 

Virginia, branch office of Essex Bank, 

Tappahannock, Virginia.

STELLARONE BANK

* 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 12, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

IBERIABANK, Lafayette, Louisiana, to 03/18/2011

establish the following branches: 613 

Montgomery Highway, Vestavia Hills, Alabama; 

and 1315 Indiantown Road, Jupiter, Florida.

IBERIABANK

Newspaper:

Federal Register:

* 3A1 04/01/2011

04/04/2011

Teche Holding Company, to become a bank 

holding company by acquiring 100 percent of 

the outstanding shares of Teche Federal Bank, 

both of New Iberia, Louisiana.

TECHE HOLDING COMPANY

* 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 12, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 04/01/2011

04/01/2011

Community State Bank Employee Stock 

Ownership Plan and Trust, Union Grove, 

Wisconsin, to acquire up to 850 shares of Union 

Bancorporation, Inc., Union Grove, Wisconsin, 

and increase its ownership up to 38.24 percent, 

and thereby indirectly increase its control of 

Community State Bank, Union Grove, 

Wisconsin.

COMMUNITY STATE BANK 

EMPLOYEE STOCK OWNERSHIP 

PLAN AND TRUST

Newspaper:

Federal Register:

CIC Not available

03/30/2011

Notice by Gary W. Melvin, Alex J. Melvin, 

David W. Melvin and Laura A. Voyles, each of 

Sullivan, Illinois, as a group acting in concert, to 

acquire more than 10 percent of the voting 

shares of First Mid-Illinois Bancshares, Inc., 

Mattoon, Illinois, and thereby indirectly control 

First Mid-Illinois Bank & Trust, National 

Association, Mattoon, Illinois.

FIRST MID-ILLINOIS 

BANCSHARES, INC.

Newspaper:

Federal Register:

CIC 03/18/2011

03/31/2011

Notice by Ralph C. Stayer and Shelly A. Stayer, 

Naples, Florida, and the RFS 2010 Irrevocable 

Trust F/B/O Ralph C. Stayer, to acquire 10 

percent or more of the voting shares of 

Hometown Bancorp, Ltd., Fond du Lac, 

Wisconsin, and thereby indirectly acquire 

control of Hometown Bank, Fond du Lac, 

Wisconsin.

HOMETOWN BANCORP, LTD.

Newspaper:

Federal Register:

* Branch

Not applicable

Town & Country Bank, Springfield, Illinois, to 03/23/2011

establish a branch facility to be located at 445 

North Franklin Street, Decatur, Illinois.

TOWN & 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 March 12, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

Member Not applicable

Not applicable

First State Bank and Trust Company, Inc., 

Caruthersville, Missouri, to become member of 

the Federal Reserve System.

FIRST STATE BANK AND 

TRUST COMPANY, INC.

Newspaper:

Federal Register:

CIC 03/29/2011

03/31/2011

Notice by The Greenwood Childrens' Trust, 

Brentwood, Tennessee, with Jane Allison 

Crewse, Brentwood, Tennessee; Ann 

Greenwood Watson, Owensboro, Kentucky; 

Helen Virginia Futvoye, Jackson, Mississippi; 

and William Lawton Greenwood, Columbia, 

South Carolina, as trustees, to retain control of 

First United, Inc., Central City, Kentucky.

FIRST UNITED, INC.

* 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 12, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

03/24/2011

Western State Agency, Inc., Employee Stock 

Ownership Plan and Trust, Devils Lake, North 

Dakota, to become a bank holding company by 

acquiring over 25 percent of Western State 

Agency, Devils Lake, North Dakota and thereby 

indirectly acquire 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

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 12, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC

Not available

Notification by Russell W. Blaha, Ord, 03/24/2011

Nebraska, to acquire control of BBJ, Inc., parent 

of First National Bank in Ord, both in Ord, 

Nebraska.

BBJ INCORPORATED

Newspaper:

Federal Register:

* 18C

* Branch Not applicable

FirstBank, Lakewood, Colorado, to merge with 03/31/2011

FirstBank of Arizona, Inc., Phoenix, Arizona, 

and to operate under the charter and title of 

FirstBank, Lakewood, Colorado.

FIRSTBANK

* 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 12, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

Comerica Bank, Dallas, Texas, to merge with 

Sterling Bank, Houston, Texas; and to establish 

the 61 offices of Sterling Bank, Houston, Texas, 

as branches of Comerica Bank, Dallas, Texas.

COMERICA BANK

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

Texas First Bank, Texas City, Texas, to merge 

with affiliate Texas First Bank, Santa Fe, Texas, 

and to establish nine branches at the following 

locations: 12402 Hwy., 6, Santa Fe, TX 77510; 

6128 Hwy. 6, Hitchcock, TX 77563; 2625 South 

Loop 35, Alvin, TX 77511; 5675 FM 646, 

Dickinson, TX 77539; 4301 Hwy.3, Dickinson, 

TX 77539; 111 West Parkwood, Friendswood, 

TX 77546; 3000 FM 1764, La Marque, TX 77568; 

111 South Hwy. 3, League City, TX 77573; and 

2343 North Main St., Pearland, TX 77581.

TEXAS FIRST BANK

* 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 12, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Bank of Hawaii, Honolulu, Hawaii, to establish a 03/02/2011

branch office at Safeway Hilo at 381 East 

Makaala Street, Hilo, Hawaii 96720.

BANK OF HAWAII

Newspaper:

Federal Register:

FBSEA Not available

Not applicable

Bank of Taiwan, Taipei, Taiwan, to upgrade its 

New York Agency to a branch office pursuant 

to section 211.24(a)(2)(ii)(a) of Regulation K and 

seciton 7(d) of FBSEA.

BANK OF TAIWAN

Newspaper:

Federal Register:

CIC Not available

03/09/2011

Michael Fayne Rosinus, of Winnetka, Illinois, to 

acquire 0.11 percent of the voting shares of 

Cascade Bancorp, and thereby indirectly 

acquire voting shares of Bank of the Cascades, 

both of Bend, Oregon, and join with BOTC 

Holdings LLC with respect to its investment in 

Cascade Bancorp, resulting in a total collective 

acquisition of 24.46% of the voting shares of 

Cascade Bancorp.

CASCADE BANCORP

* 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