Federal Reserve Release

H.2

Actions of the Board, Its Staff,

and the Federal Reserve Banks; 

Applications and Reports Received

No. 16 

Week Ending April 16, 2011

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

Derivatives Regulation -- statement by Governor Tarullo before the Senate 

Committee on Banking, Housing, and Urban Affairs regarding the Board's views on 

implementation of title VII of the Dodd-Frank Act.

- Published, April 12, 2011

Financial Stability Oversight Council -- statement by J. Nellie Liang, director, Office 

of Financial Stability Policy and Research, before a subcommittee of the House 

Committee on Financial Services on the Board's role as a member of the Financial 

Stability Oversight Council.

- Published, April 14, 2011

Risk Retention -- statement by Scott G. Alvarez, general counsel, before a 

subcommittee of the House Committee on Financial Services regarding 

implementation of the risk-retention requirements under the Dodd-Frank Act.

- Published, April 14, 2011

Regulations and Policies

Savings and Loan Holding Companies -- publication for comment of the Board's 

notice of intent to apply certain parts of its current supervisory program for bank 

holding companies to savings and loan holding companies after assuming 

supervisory responsibility for them in July 2011, in accordance with the Dodd-Frank 

Act.

- Approved, April 14, 2011

Enforcement

Banco Industrial de Venezuela, C.A. (BIV), Caracas, Venezuela, and its agencies in 

New York, New York, and Miami, Florida -- issuance of a consent cease and desist 

order and assessment of civil money penalties by the Board, the New York State 

Banking Department, and the Florida Office of Financial Regulation.

- Announced, April 15, 2011

H.2 Board Actions April 10, 2011 to April 16, 2011

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

CenterBank, Inc., Jacksonville, Florida -- written agreement with the Federal Reserve 

Bank of Atlanta.

- Announced, April 12, 2011

Currie Bancorporation, Inc., Currie, Minnesota -- written agreement dated 

November 3, 2008, terminated April 12, 2011.

- Announced, April 14, 2011

Enforcement Actions -- issuance of consent orders to ten banking organizations 

(Bank of America Corporation; Citigroup Inc.; Ally Financial Inc.; HSBC North 

America Holdings, Inc.; JPMorgan Chase & Co.; MetLife, Inc.; The PNC Financial 

Services Group, Inc.; SunTrust Banks, Inc.; U.S. Bancorp; and Wells Fargo & Co.) 

and to two vendors to mortgage servicers (Lender Processing Services, Inc. and 

MERSCORP, Inc.) to address deficient practices in residential mortgage loan 

servicing and foreclosure processing.

- Announced, April 13, 2011

First Chicago Bank & Trust, Chicago, Illinois -- issuance of a prompt corrective 

action directive with the consent of the bank.

- Announced, April 12, 2011

H.2 Board Actions April 10, 2011 to April 16, 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

April 10, 2011 to April 16, 2011

Bank Holding Companies

Community Bancorp LLC, Houston, Texas -- to acquire Superior Bank, National 

Association, Tampa, Florida.

Secretary

- Approved, April 15, 2011

Community State Bank Employee Stock Ownership Plan and Trust, Union Grove, 

Wisconsin -- to acquire shares of Union Bancorporation, Inc., Union Grove, and 

thereby indirectly increase its control of Community State Bank.

Chicago

- Approved, April 11, 2011

SSB Bancshares, Inc., Anahuac, Texas -- to become a bank holding company and to 

acquire Security State Bank, Anahuac.

Dallas

- Withdrawn, April 13, 2011

Bank Mergers

Triumph Bank, Memphis, Tennessee -- to purchase certain assets and assume certain 

liabilities of the Arlington Community Bank, Arlington, branch of The Farmers Bank 

of Lynchburg, Lynchburg, and to retain the acquired facility as a branch.

St. Louis

- Approved, April 11, 2011

(A/C) = Addition or Correction Delegated - 1 of 3
Change in Bank Control

Northern Wisconsin Bank Holding Company, Inc., Laona, Wisconsin -- change in 

bank control of Northern Wisconsin and its subsidiary bank, Laona State Bank, 

Laona.

Minneapolis

- Permitted, April 15, 2011

PSB Financial Shares, Inc., Prinsburg, Minnesota -- change in bank control of 

PSB Financial and its subsidiary bank, Prinsbank, Prinsburg.

Minneapolis

- Permitted, April 14, 2011

Security Financial Services Corporation, Enid, Oklahoma -- change in bank control 

of Security Financial and its subsidiary bank, The Security National Bank of Enid, 

Enid.

Kansas City

- Permitted, April 15, 2011

Extensions of Time

CapGen Capital Group IV LLC, New York, New York, and CapGen Capital Group 

IV LP -- extension to July 14, 2011, to become bank holding companies and to 

acquire shares of Jacksonville Bancorp, Jacksonville, Florida, and indirectly acquire 

The Jacksonville Bank.

Richmond

- Granted, April 14, 2011

H.2 Actions under delegated authority April 10, 2011 to April 16, 2011

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

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

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

interest in Central Kentucky Federal Savings Bank.

Cleveland

- Granted, April 15, 2011

Sugar River Bancorp, MHC, Newport, New Hampshire -- extension to July 15, 2011, 

to become a mutual bank holding company and to acquire Sugar River Bank, 

Newport.

Boston

- Granted, April 13, 2011

Financial Holding Companies 

Terre Haute Savings, MHC, Inc., Terre Haute, Indiana -- election to become a 

financial holding company.

Chicago

- Effective, April 13, 2011

H.2 Actions under delegated authority April 10, 2011 to April 16, 2011

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

Federal Reserve Bank of Boston

Filings received during the week ending April 16, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

* 3A3 Not available

Mechanics Bancorp, MHC and Mechanics 

Bancorp, Inc., both of Taunton, Massachusetts, 

to become a mutual bank holding company and 

a stock bank holding company, respectively, by 

acquiring Mechanics Co-operative Bank, 

Taunton, Massachusetts, pursuant to sections 

3(a)(1) and 3(a)(3) of the Bank Holding 

Company Act of 1956, as amended.

MECHANICS BANCORP, MHC

Newspaper:

Federal Register:

Investment Not applicable

Not applicable

State Street Bank & Trust Company and State 

Street International Holdings (SSIH), both of 

Boston, Massachusetts, prior notice pursuant 

to Section 211.9(f) of Regulation K to establish 

and invest in a new, indirect subsidiary of SSIH 

in Jerudong, Brunei.

STATE STREET BANK AND 

TRUST COMPANY

Newspaper:

Federal Register:

Investment Not applicable

Not applicable

State Street Bank & Trust Company and State 

Street International Holdings (SSIH), both of 

Boston, Massachusetts, seek prior notice 

pursuant to section 211.9(f) of Regulation K to 

invest in a subsidiary of SSIH in excess of the 

aggregate investment limits in connection with 

the investment of indemnity proceeds from 

State Street Holdings Italy S.r.l. to State Street 

Bank S.p.A.

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 April 16, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

05/12/2011

Application by China Investment Corporation 

and Central Huijin Investment Limited, both 

located in Beijing, China, for prior approval to 

indirectly acquire 80 percent of The Bank of 

East Asia (U.S.A.) National Association, New 

York, New York, pursuant to Section 3(a)(1) of 

the Bank Holding Company Act of 1956, as 

amended.

CHINA INVESTMENT 

CORPORATION

Newspaper:

Federal Register:

* 3A1 Not available

05/12/2011

Application by Industrial and Commercial Bank 

of China Limited, Beijing, China, for prior 

approval to acquire 80 percent of The Bank of 

East Asia (U.S.A.) National Association, New 

York, New York, pursuant to Section 3(a)(1) of 

the Bank Holding Company Act of 1956, as 

amended.

INDUSTRIAL AND 

COMMERCIAL BANK OF CHINA 

LIMITED

* 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 April 16, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 18C

Premises Not applicable

Luzerne Bank, Luzerne, PA, to purchase certain 05/06/2011

assets and assume the liabilities of the Hazle 

Township Branch of First Columbia Bank and 

Trust Company, Bloomsburg, PA, located at 10 

Dessen Drive, Hazle Township, PA.

LUZERNE BANK

* 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 April 16, 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 April 16, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

Member Not applicable

Not applicable

Baltimore County Savings Bank Federal Savings 

Bank, Baltimore, Maryland, to become a member 

of the Federal Reserve System upon its 

conversion to a state-chartered commercial 

bank.

BALTIMORE COUNTY SAVINGS 

BANK FEDERAL SAVINGS 

BANK

Newspaper:

Federal Register:

* 3A1 Not available

04/21/2011

Carroll Bancorp, Inc., Sykesville, Maryland, to 

become a bank holding company through the 

acquisition of 100% of the voting stock of 

Carroll Community Bank, Sykesville, Maryland, 

upon its conversion from a mutual state savings 

bank to a state-chartered stock commercial 

bank.

CARROLL BANCORP, INC.

Newspaper:

Federal Register:

* Branch

Not applicable

Congressional Bank, Potomac, Maryland, to 04/28/2011

establish a branch at 150 Elden Street, Herndon, 

Virginia

CONGRESSIONAL BANK

Newspaper:

Federal Register:

4c8 Not applicable

Not available

Piedmont Community Bank Holdings, Inc., 

Raleigh, North Carolina, to engage in extending 

credit and serving loans activities and 

asset-management, servicing, and collection 

activities through its subsidiary, VantageSouth 

Holdings, LLC Raleigh, North Carolina.

PIEDMONT COMMUNITY BANK 

HOLDINGS, INC.

* 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 April 16, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC 04/26/2011

05/02/2011

Prior change in control notice filed by Phillip 

Frost, Miami Beach, Flroida, to acquire 

approximately 12.76 percent of the outstanding 

shares of voting securities of Coconut Grove 

Bankshares, Inc., and its subsidiary, Coconut 

Grove Bank, both of Miami, Florida. Total pro 

forma ownership will equal 20.44 percent.

COCONUT GROVE 

BANKSHARES, INC.

Newspaper:

Federal Register:

* 3A1

Not available

PB Bancshares, Inc., Employee Stock 05/13/2011

Ownership Plan, to become a bank holding 

company by retaining 27.34 percent of the 

outstanding shares of PB Bancshares, Inc., and 

its subsidiary bank, Peoples Bank, all of Clifton, 

Tennesse

PB Bancshares, Inc. Employee 

Stock Ownership Plan

* 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 April 16, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

Bank Midwest, Spirit Lake, Iowa, to merge with 

Farmers State Bank of Sherburn, Sherburn, 

Minnesota. As a result of the merger, Bank 

Midwest will establish a branch office at 33 

North Main Street, Sherburn, Minnesota.

BANK MIDWEST

Newspaper:

Federal Register:

CIC 04/20/2011

04/21/2011

Notice by Ralph C. Stayer, Naples, Florida, 

individually, and Ralph C. Stayer together with 

Shelly A. Stayer, Naples, Florida, the RFS 2010 

Irrevocable Trust F/B/O Ralph C. Stayer, the 

Shelly A. Stayer 2010 Childrens Trust, Michael 

G. Kuechler and Mary A. Kuechler, Fond du 

Lac, Wisconsin, Michael G. Kuechler and Ralph 

C. Stayer as trustees of the RFS 2010 

Irrevocable Trust F/B/O Ralph C. Stayer, and 

Michael G. Kuechler and Mary A. Kuechler as 

trustees of the Shelly A. Stayer 2010 Childrens 

Trust, as a group acting in concert, 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

Village Bank & Trust Company, Arlington 05/05/2011

Heights, Illinois, to establish a branch facility to 

be located at 1545 Ellinwood Avenue, Des 

Plaines, Illinois.

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

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 April 16, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Arvest Bank, Fayetteville, Arkansas, to 04/28/2011

establish a branch facility to be located at 2251 

North 9th Street, Broken Arrow, Oklahoma.

ARVEST BANK

Newspaper:

Federal Register:

* Branch

Not applicable

Southern Bancorp Bank, Arkadelphia, 04/26/2011

Arkansas, to establish a branch facility to be 

located at 970 Byhalia Road, Hernando, 

Mississippi.

SOUTHERN BANCORP 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 April 16, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC 04/20/2011

04/15/2011

Notice by Stuart James Sneer, Mankato, 

Minnesota, as a trustee of three Sneer Family 

trusts to individually acquire control of 25% or 

more of Farmers State Corporation, Mankato, 

Minnesota, and thereby indirectly acquire 

control of United Prairie Bank, Mountain Lake, 

Minnesota. Notice by Jeffrey Lee Weldon, 

Mankato, Minnesota, as a trustee of four Sneer 

Family trusts to individually acquire control of 

25% or more of Farmers State Corporation, 

Mankato, Minnesota, and thereby indirectly 

acquire control of United Prairie Bank, 

Mountain Lake, Minnesota. Notices by Jennifer 

Susan Johnson, Chanhassen, Minnesota, as 

trustee of three Sneer Family trusts, the Stuart 

James Sneer Revocable Trust, the Stuart James 

Sneer Irrevocable Trust I, the Stuart James 

Sneer Irrevocable Trust II, the Jennifer Susan 

Johnson Revocable Trust, the Jennifer Susan 

Johnson Irrevocable Trust I, and the Jennifer 

Susan Johnson Irrevocable Trust II, all of 

Mankato, Minnesota, to join the James and 

Susan Sneer Family Group which controls 25% 

or more of Farmers State Corporation, Mankato, 

Minnesota, and thereby indirectly controls 

United Prairie Bank, Mountain Lake, Minnesota.

FARMERS STATE 

CORPORATION

Newspaper:

Federal Register:

CIC 04/22/2011

04/25/2011

Kristine H. Cleary, Whitefish Bay, Wisconsin, 

as an individual; trustee of the 2008 Family 

Irrevocable Trust KHC ("KHC Trust"); and 

custodian of three minor children to acquire 

control of First Bancorporation, Inc. ("First BC") 

and thereby indirectly acquire control of State 

Bank Financial ("Bank"), both of La Crosse, 

Wisconsin. Sandra G. Cleary, La Crosse, 

Wisconsin, as an individual; trustee of the 2008 

Family Irrevocable Trust SGC ("SGC Trust"); 

and custodian of two minor children to acquire 

control of First BC and thereby indirectly 

acquire control of Bank. In addition, KHC Trust 

and SGC Trust, both of La Crosse, Wisconsin, 

and five minor children to acquire and retain 

shares of First BC and thereby join the Cleary 

Family Group, which controls First BC.

FIRST BANCORPORATION, 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

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 April 16, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC 04/05/2011

04/22/2011

Notification by Paul R. Boeding and Marilyn E. 

Boeding, both of Seneca, Kansas, to acquire 

control of Baileyville Bancshares, Inc., parent of 

Baileyville State Bank, both in Seneca, Kansas.

BAILEYVILLE BANCSHARES, 

INC.

Newspaper:

Federal Register:

* 3A1 04/30/2011

05/06/2011

Farmers State Bancshares, Inc., to become a 

bank holding company through the acquisition 

of 100 percent of the voting shares of Farmers 

State Investment Co., parent of Farmers State 

Bank, all in Dodge, Nebraska.

FARMERS STATE 

BANCSHARES, INC.

Newspaper:

Federal Register:

CIC 04/18/2011

04/27/2011

Notification by Jeffrey C. Wallace, Cheyenne, 

Wyoming, individually; and the Kimberly Ann 

Sumner Irrevocable Trust Dated 01/10/91, 

Jeffrey C. Wallace, trustee, individually; to 

retain control of Farmers State Bankshares, Inc., 

parent of Wyoming Bank & Trust, both in 

Cheyenne, Wyoming.

FARMERS STATE 

BANKSHARES, INC.

Newspaper:

Federal Register:

CIC Not available

04/28/2011

Notice submitted by the Mark T. Mowat, 

Omaha, Nebraska, as a member of a group 

acting in concert, to acquire control of Frontier 

Management, LLC, Omaha, Nebraska. Frontier 

Management, LLC is a bank holding company 

by virtue of its management agreement with and 

control of the affairs of Frontier Holdings, LLC, 

Omaha, Nebraska. Frontier Holdings, LLC 

controls Frontier Bank, Madison, Nebraska, 

Frontier Bank, Davenport, Nebraska, and Pender 

State Bank, Pender, Nebraska.

FRONTIER MANAGEMENT, LLC

Newspaper:

Federal Register:

CIC Not available

04/22/2011

Notification by Todd L. Sutherland, Lawrence, 

Kansas, individually and as trustee of the Todd 

L. Sutherland 2005 Revocable Trust, to acquire 

control of Lawrence Financial Corporation, 

parent of The University National Bank of 

Lawrence, both in Lawrence, Kansas.

LAWRENCE FINANCIAL 

CORPORATION

* 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 April 16, 2011

Filer Filing Type Filing Proposal End of Comment Period

NONE

* 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 April 16, 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

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

Newspaper:

Federal Register:

CIC Not available

04/28/2011

Interagency Notice of Change in Control by 

Wheatland Bank Employee Stock Ownership 

Plan, Spokane, Washington, and its trustees, 

Susan Marie Horton, Cheney, Washington; 

Dennis Dale Bly, Davenport, Washington; and 

Jayne Therese Deife, Marlin, Washington, for 

approval to retain 23.71 percent of the 

outstanding voting shares of Community 

Financial Group, Inc. and thereby indirectly 

Wheatland Bank, both of Spokane, 

Washington.

COMMUNITY FINANCIAL 

GROUP, INC.

Newspaper:

Federal Register:

CIC Not available

04/28/2011

Interagency Notice of Change in Control by 

Susan Marie Horton, Cheney, Washington; 

Raymond Lee Pittman, Jr., Mesa, Arizona; Rosa 

Maria Pittman, Spokane, Washington; Ted 

Davis Rhodes, Spokane Valley, Washington; 

and Wheatland Bank Employee Stock 

Ownership Plan, Spokane, Washington, 

together a group acting in concert for approval 

to retain 22.13 percent of the outstanding shares 

of Community Financial Group, Inc. and thereby 

indirectly control Wheatland Bank, both of 

Spokane, Washington.

COMMUNITY FINANCIAL 

GROUP, INC.

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.

* 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