Federal Reserve Release

H.2

Actions of the Board, Its Staff,

and the Federal Reserve Banks; 

Applications and Reports Received

No. 4 

Week Ending January 22, 2011

Board of Governors of the Federal Reserve System, Washington, DC 20551
Board Operations

Offices of Diversity and Inclusion -- establishment of offices to promote diversity 

and inclusion at the Board and at the twelve Federal Reserve Banks, in accordance 

with the Dodd-Frank Act.

- Announced, January 18, 2011

Personnel

Division of Research and Statistics -- appointment of Michael Gibson, Janice 

Shack-Marquez, and Daniel Sichel as senior associate directors; Daniel Covitz, 

Matthew Eichner, Eric Engen, Michael Kiley, David Lebow, and Michael Palumbo 

as associate directors; Sean Campbell and Joshua Gallin as deputy associate 

directors; and Elizabeth Kiser, Karen Pence, John Roberts, Steven Sharpe, John 

Stevens, and Stacey Tevlin as assistant directors.

- Announced, January 21, 2011

Management Division -- appointment of Brender L. Gregory as associate director.

- Announced, January 21, 2011

Regulations and Policies

Government Accountability Office -- response to the GAO report "Mortgage 

Foreclosures: Additional Mortgage Servicers Actions Could Help Reduce the 

Frequency and Impact of Abandoned Foreclosures."

- Approved, January 21, 2011

Office of Thrift Supervision Transition Plan -- interagency report to Congress 

regarding the transfer of OTS authority and responsibilities to the Board, Office of 

the Comptroller of the Currency, and Federal Deposit Insurance Corporation, in 

accordance with the Dodd-Frank Act.

- Approved, January 11, 2011

(A/C)

H.2 Board Actions January 16, 2011 to January 22, 2011

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

Intervest Bancshares Corporation, New York, New York -- written agreement with 

the Federal Reserve Bank of New York.

- Announced, January 20, 2011

H.2 Board Actions January 16, 2011 to January 22, 2011

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

BS&R

C&CA

FOMC

Banking Supervision and Regulation

Consumer and Comminity Affairs

Federal Open Market Committee

RBOPS Reserve Bank Operations and Payment Systems

IF International Finance

OSD Office of Staff Director

January 16, 2011 to January 22, 2011

Bank Branches, Domestic

Evolve Bank & Trust, West Memphis, Arkansas -- to establish a branch at 

5860 Ridgeway Center Parkway, Suite 100, Memphis, Tennessee.

St. Louis

- Approved, January 19, 2011

Bank Holding Companies

Chemung Financial Corporation, Elmira, New York -- to acquire Fort Orange 

Financial Corp., Albany, and thereby acquire its subsidiary bank, Capital 

Bank & Trust Company.

New York

- Approved, January 21, 2011

Citizens National Corporation, Wisner, Nebraska -- to acquire additional shares of 

Republic Corporation, Omaha, and United Republic Bank.

Kansas City

- Approved, January 19, 2011

Grupo Financiero Banorte, S.A.B. de C.V., Monterrey, Mexico -- to acquire Ixe 

Grupo Financiero, S.A.B. de C.V., Cuauhtemoc, and indirectly acquire Ixe 

Securities, LLC, New York, New York, and thereby continue to engage in securities 

brokerage activities.

Dallas

- Approved, January 20, 2011

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

Chemung Canal Trust Company, Elmira, New York -- to merge with Capital 

Bank & Trust Company, Albany.

New York

- Approved, January 21, 2011

Banks, State Member

The F & M Bank and Trust Company, Tulsa, Oklahoma -- relief from certain 

commitments.

Kansas City

- Granted, January 18, 2011

Change in Bank Control

Flathead Lake Bancorporation, Inc., Polson, Montana -- change in bank control of 

Flathead Lake and its subsidiary bank, First Citizens Bank of Polson, National 

Association, Polson.

Minneapolis

- Permitted, January 21, 2011

Extensions of Time

First Southern Bancorp, Inc., Stanford, Kentucky -- extension to April 16, 2011, to 

acquire shares of CKF Bancorp, Inc., Danville, and thereby indirectly acquire an 

interest in Central Kentucky Federal Savings Bank.

Cleveland

- Granted, January 18, 2011

H.2 Actions under delegated authority January 16, 2011 to January 22, 2011

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

Minier Financial, Inc. Employee Stock Ownership Plan with 401(k) Provisions, 

Minier, Illinois -- extension to April 22, 2011, to increase its ownership of Minier 

Financial, Inc., Minier, and thereby increase its indirect ownership of First Farmers 

State Bank.

Chicago

- Granted, January 18, 2011

Financial Holding Companies 

Market Place Bancshares, Inc., Champaign, Illinois -- election to become a financial 

holding company.

Chicago

- Effective, January 20, 2011

H.2 Actions under delegated authority January 16, 2011 to January 22, 2011

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

Federal Reserve Bank of Boston

Filings received during the week ending January 22, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

Member Not applicable

Not applicable

Application by Reading Co-operative Bank, 

Reading, Massachusetts, to become a member 

of the Federal Reserve System pursuant to 

section 9 of the Federal Reserve Act and 

section 208.3 of Regulation H.

READING CO-OPERATIVE BANK

* 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 January 22, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

FBSEA Not available

Not applicable

Banca Popolare di Vicenza, Vicenza, Italy, to 

establish a representative office in New York, 

New York, pursuant to Section 211.24(a)(1) of 

Regulation K.

BANCA POPOLARE VICENZA 

SCPAARL

* 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

 910118 TIOGA ST BK, SPENCER, NEW YORK 03/15/2010 01/18/2011 S Int Sm Bank

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 January 22, 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 January 22, 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 January 22, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

01/21/2011

Notice by Mr. Mehrdad Elie of Redwood City, 

California, to acquire up to 31% 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:

* Branch

Not applicable

Sandy Spring Bank, Olney, Maryland, to 01/21/2011

establish a branch at 550 North Quincy Street, 

Arlington, Virginia.

SANDY SPRING 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

 3626858 COMMUNITY CAP BK VA, CHRISTIANSBURG, VIRGINIA 09/27/2010 01/11/2011 S Whole/Ltd Purp

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 January 22, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

Not available

After-the-fact change in control notice filed by 

Thomas Dunlap Lumpkin II, and Peyton White 

Lumpkin, Pinecrest, Florida, to retain 10.51 

percent of the outstanding shares of Biscayne 

Bancshares, Inc. and its subsidiary bank, 

Biscayne Bank, both of Coconut Grove, Florida.

BISCAYNE BANCSHARES, INC.

Newspaper:

Federal Register:

CIC 01/31/2011

01/28/2011

Prior change in control notice filed by SG-BBC, 

LLC, and its managing member, The Stephens 

Group, LLC, both of Little Rock, Arkansas, to 

acquire up to 24.80 of the outstanding shares of 

Brand Group Holdings, Inc., and its subsidiary 

bank, The Brand Banking Company, both of 

Lawrenceville, Georgia. Total pro forma 

ownership will equal 24.80.

BRAND GROUP HOLDINGS, INC.

Newspaper:

Federal Register:

CIC 01/29/2011

02/09/2011

Prior change in control notice filed by Carlyle 

Financial Services Harbor, L.P., CGFSP 

Coinvestment, L.P., Carlyle Global Partner 

Master Coinvestment Cayman, L.P., Carlyle 

Global Financial Services Partners, L.P., TCG 

Financial Services, L.P., Carlyle Financial 

Services, Ltd., TC Group Cayman Investment 

Holdings, L.P., TCG Holdings Cayman II, L.P., 

DBD Cayman, Limited, TCG Financial Services 

Investment Holdings, L.P., Carlyle Financial 

Services Holdings, Ltd., all of Grand Cayman, 

Cayman Islands, Daniel A. D'Aniello, William E. 

Conway, Jr., David M. Rubenstein, all of 

Washington, D.C., and Carlyle Investment 

Management, L.L.C., TC Group, L.L.C., and TCG 

Holdings, L.L.C., all of Wilmington, Delaware, to 

acquire up to 24.9 percent of the voting shares 

and thereby control of Brand Group Holdings, 

Inc., and its subsidiary, The Brand Banking 

Company, both of Lawrenceville, Georgia.

BRAND GROUP HOLDINGS, 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 January 22, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 18C

* Branch Not applicable

Bank Iowa, Clarinda, Iowa, to merge with sister 01/31/2011

banks: Bank Iowa, Altoona, Iowa; Bank Iowa, 

Denison, Iowa; Bank Iowa, Humboldt, Iowa; 

Bank Iowa, New Hampton, Iowa; Bank Iowa, 

Oskaloosa, Iowa; Bank Iowa, Red Oak, Iowa. 

As a result of these mergers, all offices will 

become offices of Bank Iowa, Clarinda, Iowa.

BANK IOWA

Newspaper:

Federal Register:

CIC Not available

08/23/2010

Notice by Betty J. Bradshaw 2000 Irrevocable 

Trust dated 10/30/00-Charles M. Shea, Trustee, 

to acquire shares of First Community 

Bancshares Corp., Anamosa, Iowa, and thereby 

indirectly acquire shares of First Community 

Bank, Milton, Wisconsin.

FIRST COMMUNITY 

BANCSHARES CORP.

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

Village Bank and Trust Company, Arlington 

Heights, Illinois, to purchase certain assets and 

assume certain liabilities of a branch located in 

320 East Northwest Highway, Mount Prospect, 

Illinois, from Northbrook Bank & Trust 

Company, Northbrook, Illinois, and thereby to 

establish a branch at the same location.

VILLAGE BANK & TRUST

* 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

 427241 FRIENDSHIP ST BK, FRIENDSHIP, INDIANA 06/21/2010 11/19/2010 S Small Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of St. Louis

Filings received during the week ending January 22, 2011

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 January 22, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC 01/31/2011

01/21/2011

Retroactive notice by Russell James Gesell, 

Saint Paul, Minnesota, individually, and as 

co-trustee of the Charles R. Gesell Irrevocable 

Trust, Saint Paul, Minnesota, and the Peter J. 

Gesell Irrevocable Trust, Saint Paul, Minnesota, 

to retain 25 percent or more of the shares of 

Cherokee Bancshares, Inc., Saint Paul, 

Minnesota, and thereby indirectly retain control 

of BankCherokee, Saint Paul, Minnesota. In 

addition, retroactive notice by Rene J. Gesell, 

Saint Paul, Minnesota, individually, and as 

co-trustee of the Charles R. Gesell Irrevocable 

Trust, Saint Paul, Minnesota, and the Peter J. 

Gesell Irrevocable Trust, Saint Paul, Minnesota, 

and these two trusts, to retain shares of 

Cherokee Bancshares, Inc., Saint Paul, 

Minnesota, and thus join the Gesell Family 

Group, which controls 25% or more of Cherokee 

Bancshares, Inc., Saint Paul, Minnesota, and 

thereby indirectly controls BankCherokee, Saint 

Paul, Minnesota.

CHEROKEE BANCSHARES, INC.

Newspaper:

Federal Register:

CIC 02/10/2011

02/03/2011

Change in Control Notice by Gregory R. Raymo, 

Worthington, Minnesota, individually and as a 

proposed Co-Trustee of the First State Bank 

Southwest 2010 Amended and Restated KSOP 

Plan and trust, to acquire 25 percent or more of 

the shares of First Rushmore Bancorporation, 

Inc., Worthington, Minnesota, and thereby 

indirectly gain control of First State Bank 

Southwest, Pipestone, Minnesota.

FIRST STATE BANK 

SOUTHWEST 2002 AMENDED 

AND RESTATED KSOP PLAN 

AND TRUST

Newspaper:

Federal Register:

CIC Not available

02/01/2011

Notice by Noah W. Wilcox, as an individual and 

as trustee of the Noah W. Wilcox Trust, Grand 

Rapids, Minnesota, to acquire 25 % or more of 

the shares of Wilcox Bancshares, Grand Rapids, 

Minnesota, and thereby indirectly control Grand 

Rapids State Bank, Grand Rapids, Minnesota. 

Additionally, the Noah W. Wilcox trust will 

acquire 10 % or more of Wilcox Bancshares, and 

thus join the Wilcox Family Group, and thereby 

indirectly control Grand Rapids State Bank, 

Grand Rapids, Minnesota.

WILCOX BANCSHARES, INC.

* 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

 1441600 BIG SKY WESTERN BK, BOZEMAN, MONTANA 07/19/2010 01/14/2011 O Int Sm Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Kansas City

Filings received during the week ending January 22, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

4c8 Not applicable

02/08/2011

American State Bancshares, Inc., to acquire 100 

percent of ASB Holdings, LLC, both in Great 

Bend, Kansas, and thereby engage in 

information technology consulting services.

AMERICAN STATE 

BANCSHARES, INC.

Newspaper:

Federal Register:

* 18C Not available

Not applicable

Five Points Bank, Grand Island, Nebraska, to 

purchase certain assets and assume certain 

liabilities of the LaVista, Nebraska branch of 

First State Bank, Gothenberg, Nebraska.

FIVE POINTS BANK

Newspaper:

Federal Register:

* 3A3 Not available

Not available

Frontier Holdings, LLC, Omaha, Nebraska, to 

acquire 100 percent of the voting shares of 

ARSEBECO, Inc., parent of Richardson County 

Bank & Trust Company, both in Falls City, 

Nebraska. Frontier Management, LLC, Omaha, 

Nebraska, to acquire indirect control of 100 

percent of the voting shares of ARSEBECO, 

Inc., parent of Richardson County Bank & Trust 

Company, both in Falls City, Nebraska, by 

virtue of its control of the affairs of Frontier 

Holdings, LLC, Omaha, Nebraska.

FRONTIER HOLDINGS, LLC

Newspaper:

Federal Register:

CIC Not available

01/03/2011

Notice submitted by Jeffrey J. Heiman and Jerod 

J. Heiman, both of Wichita, Kansas, to retain 

control of Norcon Financial Corp., parent of 

Conway Bank, National Association, both in 

Conway Springs, Kansas.

NORCON FINANCIAL CORP.

Newspaper:

Federal Register:

CIC

Not available

Notice submitted by the Linda Lake Young 01/10/2011

Irrevocable Trust, the Lori Lee Young 

Irrevocable Trust, and the Robyn Elizabeth 

Batson Irrevocable Trust, all of Broken Bow, 

Oklahoma and all as members of the Young 

Family control group, to retain control of 

Southeastern Bancshares, Inc., parent of 1st 

Bank & Trust, both in Broken Bow, Oklahoma. 

Robyn Batson, Broken Bow, Oklahoma, serves 

as sole trustee of each of the trusts.

SOUTHEASTERN 

BANCSHARES, INC.

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

Federal Reserve Bank of Kansas City

Availability of CRA Public Evaluations 

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in 

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated 

periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

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 January 22, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

02/18/2011

Citizens National Bancshares of Bossier,Inc., 

Bossier City, Louisiana, to acquire 100 percent 

of Citizens Bankshares of Springhill, Inc., 

Springhill, Louisiana, and indirectly acquire 

Citizens Bank & Trust Company, Springhill, 

Louisiana.

CITIZENS NATIONAL 

BANCSHARES OF BOSSIER, INC.

Newspaper:

Federal Register:

* 3A5 Not available

02/07/2011

Sulphur Springs Bancshares, Inc., Sulphur 

Springs, Texas, to acquire by merger 100 percent 

of First Mineola, Inc., and indirectly acquire The 

First National Bank of Mineola, both of 

Mineola, Texas.

SULPHUR SPRINGS 

BANCSHARES, 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

 574051 HERITAGE BK, PEARLAND, TEXAS 10/18/2010 02/28/2011 S Small Bank

 473266 TEXAS FIRST BK, TEXAS CITY, TEXAS 08/09/2010 03/01/2010 S Int Sm Bank

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 January 22, 2011

Filer Filing Type Filing Proposal End of Comment Period

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

12/17/2010

1)LG C-Co, LLC, Green Equity Investors V, L.P., 

Leonard Green & Partners, L.P., Green Equity 

Investors Side V, L.P., GEI V Offshore Investors, 

L.P., GEI V Special Investors, L.P., Green V 

Holdings, LLC, GEI Capital V, LLC, and LGP 

Management, Inc., all of Los Angeles, 

California, John G. Danhakl, Pacific Palisades, 

California, Peter J. Nolan, Manhattan Beach, 

California; and Jonathan D. Sokoloff, Los 

Angeles, California, to acquire 10 percent or 

more of Cascade Bancorp, and thereby 

indirectly acquire control of Bank of the 

Cascades, both of Bend, Oregon; and 2) 

Cascade Bancorp, Bend, Oregon, to appoint 

Michael John Connolly as a Director.

CASCADE BANCORP

Newspaper:

Federal Register:

CIC Not available

12/17/2010

1) WLR CB AcquisitionCo LLC, WL Ross & Co. 

LLC, WLR Recovery Fund IV, L.P., WLR IV 

Parallel ESC, L.P. IV, Invesco North America 

Holdings, Inc., Invesco WLR IV Associates 

LLC, WLR Recovery Associates IV LLC, WL 

Ross Group L.P., El Vedado LLC, all of New 

York, New York, Wilbur L. Ross, Jr., Palm Beach, 

Florida, Invesco Ltd., Invesco Group Services, 

IVZ, Inc., Invesco Group Services, Inc., Invesco 

Advisers, Inc., Invesco Private Capital, Inc.,all 

of Atlanta, Georgia, Invesco Holding Company 

Limited, London, United Kingdom, and Invesco 

AIM Management Group, Inc., Houston, Texas, 

to acquire 10 percent or more of Cascade 

Bancorp, and thereby indirectly acquire control 

of Bank of the Cascades, both of Bend, Oregon; 

and 2) Cascade Bancorp, Bend, Oregon, to 

appoint James Bicknell Lockhart III as a 

Director.

CASCADE BANCORP

Newspaper:

Federal Register:

CIC Not available

12/20/2010

1) BOTC Holdings LLC and persons that are 

acting with or control BOTC Holdings LLC 

(Lightyear Fund II, L.P., Lightyear Co-Invest 

Partnership II, L.P., Lightyear Fund II GP, L.P., 

Lightyear Fund II GP Holdings, LLC, Marron & 

Associates, LLC, Chestnut Venture Holdings, 

LLC, Lightyear Capital II, LLC, Lightyear Capital 

LLC and Donald B. Marron), all of New York, 

New York, to acquire 24.35 percent of Cascade 

Bancorp, and thereby indirectly acquire control 

of The Bank of the Cascades, both of Bend, 

Oregon and 2) Cascade Bancorp to appoint 

Chris C. Casciato as a Director.

CASCADE BANCORP

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

Federal Reserve Bank of San Francisco

Filings received during the week ending January 22, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

12/17/2010

1) ACMO-CPF, L.L.C., New York, New York, and 

persons that are acting with or control 

ACMO-CPF, L.L.C. (Anchorage Capital Master 

Offshore, Ltd., ACPO Master, L.P., Anchorage 

Capital Partners Offshore, Ltd., ACPO Master, 

Ltd., all of Grand Cayman, Cayman Islands; 

Anchorage Capital Partners, L.P., Anchorage 

Capital Group, L.L.C. (f/k/a Anchorage 

Advisors, L.L.C.), Anchorage Capital, L.L.C. 

(f/k/a Anchorage Capital Group, L.L.C.), 

Anchorage Capital Management, L.L.C., 

Anchorage Advisors Management, L.L.C., all of 

Wilmington, Delaware; and Kevin Ulrich and 

Anthony Davis, both of New York, New York, 

to acquire up to 24.9 percent of Central Pacific 

Financial Corp., Honolulu, Hawaii, and thereby 

indirectly acquire control of Bancorp's 

subsidiary, Central Pacific Bank, Honolulu, 

Hawaii; and Central Pacific Corp, Honolulu, 

Hawaii, to appoint Alvaro Jose Aguirre as a 

Director.

CENTRAL PACIFIC FINANCIAL 

CORP.

Newspaper:

Federal Register:

* Branch

Not applicable

Oak Valley Community Bank, Oakdale, 01/21/2011

California, to establish a branch office at 191 W 

North Street, Manteca, California.

OAK VALLEY COMMUNITY 

BANK

* 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