Federal Reserve Release

H.2

Actions of the Board, Its Staff,

and the Federal Reserve Banks; 

Applications and Reports Received

No. 24 

Week Ending June 11, 2011

Board of Governors of the Federal Reserve System, Washington, DC 20551
Regulations and Policies

Capital Adequacy Guidelines -- final interagency rule to amend, consistent with 

certain provisions of the Dodd-Frank Act, (1) the advanced approaches rule to 

establish a risk-based floor and (2) the general risk-based capital rules to provide 

limited flexibility to establish capital requirements for certain low-risk assets 

generally not held by insured depository institutions.

- Approved, June 9, 2011

Capital Adequacy Guidelines -- (1) interim final rule with request for comment to 

allow small bank holding companies that are organized as S corporations or in 

mutual form to exclude subordinated debt issued to the Department of the Treasury 

under the Small Business Lending Fund from treatment as "debt" for purposes of 

certain provisions of the Board's Small Bank Holding Company Policy Statement and 

(2) final rule to permit bank holding companies that are organized as S corporations 

or in mutual form to include in tier 1 capital subordinated debt issued to the Treasury 

under the Troubled Asset Relief Program and to allow those companies to exclude 

such debt for purposes of the policy statement.

- Approved, June 11, 2011

Regulation Y (Bank Holding Companies and Change in Bank Control) -- publication 

for comment of amendments requiring large bank holding companies to submit 

capital plans annually and to provide prior notice, under certain circumstances, 

before making a capital distribution.

- Approved, June 9, 2011

Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) -- final rules 

increasing the dollar thresholds for exempt consumer credit transactions and 

consumer leases to $51,800, effective January 1, 2012.

- Approved, June 11, 2011

Stress Testing Guidance -- publication for comment of interagency guidance on 

stress testing for banking organizations with more than $10 billion in total assets.

- Approved, May 31, 2011

(A/C)

H.2 Board Actions June 5, 2011 to June 11, 2011

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

Cornerstone Holding Company, Inc., Fargo, North Dakota -- written agreement with 

the Federal Reserve Bank of Minneapolis.

- Announced, June 7, 2011

H.2 Board Actions June 5, 2011 to June 11, 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 Community Affairs

Federal Open Market Committee

RBOPS Reserve Bank Operations and Payment Systems

IF International Finance

OSD Office of Staff Director

June 5, 2011 to June 11, 2011

Bank Branches, Domestic

Bank of Geneva, Geneva, Indiana -- to establish a branch at 1061 Thirteenth Street, 

Decatur.

Chicago

- Approved, June 8, 2011

North Valley Bank, Redding, California -- to establish a branch at 2999 Douglas 

Boulevard, Suites 155 and 160, Roseville.

San Francisco

- Approved, June 6, 2011

Regions Bank, Birmingham, Alabama -- to establish a branch at 1498 E. Jackson 

Boulevard (Hwy. 11E), Jonesborough, Tennessee.

Atlanta

- Approved, June 8, 2011

Bank Holding Companies

BankGuam Holding Company, Hagatna, Guam -- to become a bank holding 

company and to acquire Bank of Guam, Hagatna.

San Francisco

- Approved, June 9, 2011

First Guaranty Bancshares, Inc., Hammond, Louisiana -- to merge with Greensburg 

Bancshares, Inc., Greensburg, and thereby acquire its subsidiary bank, Bank of 

Greensburg.

Atlanta

- Approved, June 9, 2011

(A/C) = Addition or Correction Delegated - 1 of 4
Bank Holding Companies

Lowell Five Bancorp, MHC, Lowell, Massachusetts, and Lowell Five Bancorp, Inc. 

-- to become a mutual bank holding company and a stock bank holding company, 

respectively, and to acquire The Lowell Five Cents Savings Bank, Lowell.

Boston

- Approved, June 9, 2011

Newburyport Five Cents Bancorp, MHC, Newburyport, Massachusetts, and 

Newburyport Five Cents Bancorp, Inc. -- to become a mutual bank holding company 

and a stock bank holding company, respectively, and to acquire Newburyport Five 

Cents Savings Bank, Newburyport.

Boston

- Approved, June 7, 2011

Palco Bankshares, Inc., Palco, Kansas -- to become a bank holding company and to 

acquire Midwest Community Bank, Plainville.

Kansas City

- Approved, June 7, 2011

Platinum Bancshares of Texas, Inc., Lubbock, Texas -- to become a bank holding 

company and to acquire Platinum Bank, Lubbock.

Dallas

- Approved, June 6, 2011

Saint Joseph Bancshares Acquisitions, Inc., Saint Joseph, Minnesota -- to acquire 

Financial Bancshares Company, Becker, and thereby indirectly acquire Sherburne 

State Bank.

Minneapolis

- Approved, June 6, 2011

H.2 Actions under delegated authority June 5, 2011 to June 11, 2011

(A/C) = Addition or Correction Delegated - 2 of 4
Bank Mergers

First Neodesha Bank, Neodesha, Kansas -- to merge with Bank of Parsons, Parsons, 

and thereby establish two branches.

Kansas City

- Approved, June 9, 2011

First Western Bank and Trust, Minot, North Dakota -- to merge with First Western 

Bank & Trust, Eden Prairie, and thereby establish a branch at 100 Prairie Center 

Drive.

Minneapolis

- Approved, June 7, 2011

Interbank, Oklahoma City, Oklahoma -- to purchase certain assets and assume certain 

liabilities of First Capital Bank, Guthrie.

Kansas City

- Approved, June 10, 2011

Extensions of Time

Carlson Bancshares, Inc., West Memphis, Arkansas -- etension to September 10, 

2011, to acquire shares of Central Bancshares, Inc., Little Rock, and thereby 

indirectly acquire Central Bank.

St. Louis

- Granted, June 10, 2011

Membership

Walpole Co-operative Bank,Walpole, Massachusetts -- to become a member of the 

Federal Reserve System.

Boston

- Approved, June 8, 2011

H.2 Actions under delegated authority June 5, 2011 to June 11, 2011

(A/C) = Addition or Correction Delegated - 3 of 4
Membership

Watertown Savings Bank, Watertown, Massachusetts -- to become a member of the 

Federal Reserve System.

Boston

- Approved, June 9, 2011

H.2 Actions under delegated authority June 5, 2011 to June 11, 2011

(A/C) = Addition or Correction Delegated - 4 of 4
District: 1

Federal Reserve Bank of Boston

Filings received during the week ending June 11, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

Foreign Branch Not applicable

Not applicable

State Street Bank & Trust Company (SSBT) and 

State Street International Holdings (SSIH), both 

of Boston, Massachusetts, prior notice to 

establish a branch in St. Helier, Jersey, Channel 

Islands pursuant to Section 211.3(b)(3) of 

Regulation K

STATE STREET BANK AND 

TRUST COMPANY

* 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 June 11, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch Not available

Not applicable

Adirondack Bank, Utica, New York, requests to 

establish two branches located at (i) 1 Main 

Street, Richfield Springs, New York and (ii) 808 

Main Street, Sylvan Beach, New York.

ADIRONDACK BANK

Newspaper:

Federal Register:

FBSEA Not available

Not applicable

Banco BPI, S.A., Porto, Portugal, to establish 

representative offices in Newark, New Jersey 

and Fall River, Massachusetts, pursuant to 

Section 10(a) of the International Banking Act 

of 1978, as amended and Section 211.24(a)(1) of 

Regulation K.

BANCO BPI, S.A.

Newspaper:

Federal Register:

FBSEA Not available

Not applicable

BNP Paribas, Paris, France, to establish an 

additional branch office in New York, New York, 

pursuant to Section 10(a) of the International 

Banking Act of 1978, as amended, and Section 

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

BNP PARIBAS

* 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 June 11, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

* 18C

* 3A5

07/08/2011

Customers Bancorp, Inc., Phoenixville, PA, to 

become a bank holding company through the 

reorganization of Customers Bank, Phoenixville, 

PA, resulting from the merger of New Century 

Interim Bank, Phoenixville, PA, with and into 

Customers Bank. Subsequently, Berkshire 

Bancorp, Wyomissing, PA, will merge with and 

into Customers Bancorp, Inc., and Berkshire 

Bank, Wyomissing, PA, will merge with and into 

Customers Bank, Phoenixville, PA.

CUSTOMERS BANCORP, INC

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

Federal Reserve Bank of Philadelphia

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Cleveland

Filings received during the week ending June 11, 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 June 11, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

07/01/2011

ASB Bancorp, Inc., Asheville, North Carolina, to 

become a bank holding company upon the 

conversion of Asheville Savings Bank, S.S.B., 

Asheville, North Carolina, from a mutual to 

stock form of ownership.

ASB BANCORP, INC.

Newspaper:

Federal Register:

* 3A1 Not available

Not available

Crescent Financial Bancshares, Inc., Cary, North 

Carolina, to merge with Crescent Financial 

Corporation, Cary, North Carolina, and acquire 

control of Crescent State Bank, Cary, North 

Carolina. Crescent Financial Bancshares, Inc., a 

newly formed subsidiary of Crescent Financial 

Corporation, the holding company of Crescent 

State Bank, was formed for the purpose of 

reincorporating the holding company as a 

Delaware corporation.

Crescent Financial Bancshares, 

Inc.

Newspaper:

Federal Register:

* Branch

Not applicable

Heritage Bank, Norfolk, Virginia, to establish a 06/13/2011

branch at 1403 Greenbrier Parkway, Chesapeake, 

Virginia

HERITAGE BANK

Newspaper:

Federal Register:

* Branch

Not applicable

Middleburg Bank, Middleburg, Virginia, to 07/05/2011

establish a branch at 821 East Main Street, 

Richmond, Virginia.

MIDDLEBURG BANK

Newspaper:

Federal Register:

* 18C Not available

Not applicable

Xenith Bank, Richmond, Virginia, to acquire 

certain assets and assume certain liabilities of 

the Richmond, Virginia, branch office of 

Paragon Commercial Bank, Raleigh, North 

Carolina.

XENITH 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 June 11, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

Not available

Savannah River Financial Corporation, 

Augusta, Georgia, to become a bank holding 

company by acquiring Savannah River Banking 

Company, Aiken, South Carolina, upon its 

conversion to a state non-member bank.

SAVANNAH RIVER FINANCIAL 

CORPORATION

* 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 June 11, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

4c8 Not applicable

Not available

First American Bank Corporation, Elk Grove 

Village, Illinois, proposes to engage de novo in 

extending credit and servicing loans.

FIRST AMERICAN BANK 

CORPORATION

Newspaper:

Federal Register:

* 3A1 Not available

Not available

WCF Financial, M.H.C. and Webster City 

Federal Bancorp, both of Webster City, Iowa, to 

become bank holding companies following the 

conversion Webster City Federal Savings Bank, 

Webster City, Iowa, from a federally chartered 

savings association to a state chartered bank.

WCF FINANCIAL, M.H.C.

Newspaper:

Federal Register:

Member Not applicable

Not applicable

Webster City Federal Savings Bank, Webster 

City, Iowa, to become a member of the Federal 

Reserve System following its conversion from a 

federal savings bank to a state chartered bank.

WEBSTER CITY FEDERAL 

SAVINGS

* 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 June 11, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

Member Not applicable

Not applicable

Peoples Bank, Sheridan, Arkansas, to become 

member of the Federal Reserve System.

PEOPLES BANK

Newspaper:

Federal Register:

CIC 07/01/2011

06/22/2011

Notice by Thomas R. Garrison, Fayetteville, 

Arkansas, individually, and in concert with and 

as trustee of the Thomas R. Trust U/W Sheridan 

Garrison, the Thomas R. Garrison 2005 Retained 

Annuity Trust, and the Estate of F. S. Garrison, 

all of Fayetteville, Arkansas, to gain control of 

Pinnacle Bancshares, Inc., Rogers, Arkansas.

PINNACLE BANCSHARES, INC.

Newspaper:

Federal Register:

* Branch

Not applicable

Summit Bank, Arkadelphia, Arkansas, to 06/24/2011

establish a branch facility to be located at 201 

Skyline Drive, Suite 38, Conway, Arkansas.

SUMMIT 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 June 11, 2011

Filer Filing Type Filing Proposal End of Comment Period

NONE

* 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 June 11, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

06/21/2011

Notification by Teresa L. Keslar, Beatrice, 

Nebraska, to acquire control of Keystone 

Investment, Inc., parent of Bank of Keystone, 

both in Keystone, Nebraska.

KEYSTONE INVESTMENT, 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 June 11, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC 06/21/2011

05/11/2011

Jonathan Ross Kasling of Hughes Springs, 

Texas, Individually; Mayo Givens Kasling III of 

Hughes Springs, Texas, Individually; Jonathan 

Ross Kasling of Hughes Springs, Texas; Mayo 

Givens Kasling III of Hughes Springs, Texas; 

Mayo Givens Kasling, Jr. of Hughes Springs, 

Texas and Mayo Givens Kasling, Jr. as Trustee 

for the Mayo G. Kasling III 1996 Trust and as 

Trustee for the Jonathan Ross Kasling 1996 

Trust; Rebecca Lynn Kasling of Hughes 

Springs, Texas; Mayo Givens Kasling, Sr. of 

Hughes Springs, Texas; Catherine Denise 

Kasling DeWitt of Hughes Springs, Texas; 

Misty Morgan Lake of Hughes Springs, Texas; 

Randall Marc Morgan of Hughes Springs, 

Texas; Sarah Virginia Kasling Shelton of 

Hughes Springs, Texas and Sarah Virginia 

Kasling as Trustee for the Ricky Dub Shelton Jr. 

1996 Trust and as Trustee for the Shelby 

Shelton 1996 Trust and as Trustee for the 

Trenton Shelton 1996 Trust; Roy Kemp Kasling 

of Austin, Texas and Roy Kemp Kasling as 

Trustee for the Alexandra Kasling 1996 Trust 

and as Trustee for the Natalie Kasling 1996 

Trust; all as members of the Kasling Family 

Group, intend to apply to the Federal Reserve 

Board for permission to retain control of 25 

percent or more of the shares of Chalybeate 

Springs Corporation, Hughes Springs, Texas 

and thereby indirectly retain control of The First 

National Bank of Hughes Springs, Hughes 

Springs, Texas.

CHALYBEATE SPRINGS 

CORPORATION

Newspaper:

Federal Register:

* Branch Not available

Not applicable

Comerica Bank, Dallas, Texas, to establish a 

branch to be located at 411 West Lafayette 

Boulevard, Detroit, Michigan.

COMERICA BANK

Newspaper:

Federal Register:

* 3A1 06/13/2011

06/11/2011

Viewpoint Financial Group, Inc., Plano, Texas, to 

become a bank holding company by acquiring 

100 percent of ViewPoint Bank, National 

Association, Plano, Texas.

VIEWPOINT FINANCIAL 

GROUP, INC.

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

Federal Reserve Bank of Dallas

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of San Francisco

Filings received during the week ending June 11, 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

06/21/2011

Interagency Noticce of Change in Control by 

Castle Creek Capital Partners IV, LP, Castle 

Creek Advisors IV, LLC, Castle Creek Capital IV, 

LLC, John T. Pietrzak, Pietrzak Advisory Corp., 

John M. Eggemeyer, JME Advisory Corp., 

William J. Ruh, Ruh Advisory Corp., Mark G. 

Merlo, Legions IV Advisory Corp., Joseph 

Mikesell Thomas, and Mikesell Advisory Corp., 

all of Rancho Santa Fe, California, to acquire up 

to 24.9% of the voting shares of Intermountain 

Community Bancorp, a bank holding company 

that is the sole shareholder of Panhandle State 

Bank, a state non-member bank, both of 

Sandpoint, Idaho.

INTERMOUNTAIN 

COMMUNITY BANCORP

Newspaper:

Federal Register:

CIC Not available

Not available

Interagency Noticce of Change in Control by 

Stadium Capital Partners, L.P., Stadium Capital 

Qualified Partners, L.P., Stadium Capital 

Management LLC, and John Welborn, all of 

Bend, Oregon, to acquire up to 24.9 percent of 

Intermountain Community Bancorp, and thereby 

indirectly Panhandle State Bank, both of 

Sandpoint, Idaho.

INTERMOUNTAIN 

COMMUNITY BANCORP

Newspaper:

Federal Register:

* 3A3 Not available

04/25/2011

Mitsubishi UFJ Financial Group, Inc., Tokyo, 

Japan, to acquire up to 24.9 percent of Morgan 

Stanley, New York, New York, and indirectly its 

subsidiaries, Morgan Stanley Capital 

Management LLC, New York, New York, 

Morgan Stanley Domestic Holdings, Inc., New 

York, New York, Morgan Stanley Bank, National 

Association, Salt Lake City, Utah, and Morgan 

Stanley Private Bank, National Association, 

Purchase, New York, pursuant to section 3(a)(3) 

of the Bank Holding Company Act.

MITSUBISHI UFJ FINANCIAL 

GROUP, INC.

Newspaper:

Federal Register:

4c8 Not applicable

Not available

Western Liberty Bancorp, Las Vegas, Nevada, 

to form a wholly-owned subsidiary, OREOSUB, 

Las Vegas, Nevada, to engage in extending 

credit and servicing loans, pursuant to section 

225.28(b)(1) and (2) of Regulation Y.

WESTERN LIBERTY 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