Federal Reserve Release

H.2

Actions of the Board, Its Staff,

and the Federal Reserve Banks; 

Applications and Reports Received

No. 2 

Week Ending January 8, 2011

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

The Economic Outlook and Monetary and Fiscal Policy -- statement by Chairman 

Bernanke before the Senate Committee on the Budget on current economic 

conditions, recent monetary policy actions, and issues related to the federal budget.

- Published, January 7, 2011

Enforcement

Boscobel Bancorp, Inc., Boscobel, Wisconsin, and Community First Bank -- written 

agreement with the Federal Reserve Bank of Chicago and the State of Wisconsin 

Department of Financial Institutions.

- Announced, January 6, 2011

Capital Commerce Bancorp, Inc., Milwaukee, Wisconsin -- written agreement with 

the Federal Reserve Bank of Chicago.

- Announced, January 6, 2011

Foundation Bancorp, Inc., Bellevue, Washington -- written agreement with the 

Federal Reserve Bank of San Francisco.

- Announced, January 6, 2011

Metropolitan Bank Holding Corporation, New York, New York -- written agreement 

with the Federal Reserve Bank of New York.

- Announced, January 6, 2011

Prairie Star Bancshares, Inc., Olathe, Kansas -- written agreement with the Federal 

Reserve Bank of Kansas City.

- Announced, January 6, 2011

H.2 Board Actions January 2, 2011 to January 8, 2011

(A/C) = Addition or Correction Board - Page 1 of 1
H.2 Actions under delegated authority

BS&R

C&CA

FOMC

Banking Supervision and Regulation

Consumer and Comminity Affairs

Federal Open Market Committee

RBOPS Reserve Bank Operations and Payment Systems

IF International Finance

OSD Office of Staff Director

January 2, 2011 to January 8, 2011

Bank Branches, Domestic

Bank of McKenney, McKenney, Virginia -- to establish a branch at 13117 Rivers 

Bend Boulevard, Chester.

Richmond

- Approved, January 6, 2011

IBERIABANK, Lafayette, Louisiana -- to establish a branch at 1720 Manhattan 

Boulevard, Harvey.

Atlanta

- Approved, January 4, 2011

Bank Mergers

Centennial Bank, Conway, Arkansas -- to purchase the assets and assume the deposit 

liabilities of First Commercial Bank of Florida, Orlando, Florida, and to retain the 

acquired facilities as branches.

St. Louis

- Withdrawn, January 4, 2011

Change in Bank Control

National Penn Bancshares, Inc, Boyertown, Pennsylvania -- change in bank control 

of National Penn and its subisidary bank, National Penn Bank, Boyertown.

Philadelphia

- Permitted, January 7, 2011

(A/C) = Addition or Correction Delegated - 1 of 2
Extensions of Time

CIT Group, Inc., New York, New York -- one-year extension of time to divest or 

conform certain impermissible activities and investments.

Director, BS&R

- Granted, January 6, 2011

Mitsubishi UFJ Financial Group, Inc., Tokyo, Japan -- extension to April 6, 2011, to 

acquire shares of Morgan Stanley, New York, New York, and indirectly its 

subsidiaries, Morgan Stanley Capital Management LLC; Morgan Stanley Domestic 

Holdings, Inc.; and Morgan Stanley Bank, N.A., Salt Lake City, Utah; and to acquire 

an indirect interest in Morgan Stanley Trust, Jersey City, New Jersey, and Morgan 

Stanley Trust, N.A., Wilmington, Delaware.

San Francisco

- Granted, January 6, 2011

Prairieland Bancorp Employee Stock Ownership Plan and Trust, Bushnell, Illinois -- 

extension to April 8, 2011, to increase its ownership of Prairieland Bancorp, Inc., 

Bushnell, and thereby indirectly increase its ownership of Farmers and Merchants 

State Bank of Bushnell.

Chicago

- Granted, January 4, 2011

Regulations and Policies

Federal Open Market Committee -- minutes of the meeting on December 14, 2010.

FOMC

- Published, January 4, 2011

H.2 Actions under delegated authority January 2, 2011 to January 8, 2011

(A/C) = Addition or Correction Delegated - 2 of 2
District: 1

Federal Reserve Bank of Boston

Filings received during the week ending January 8, 2011

Filer Filing Type Filing Proposal End of Comment Period

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 1

Federal Reserve Bank of Boston

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 2

Federal Reserve Bank of New York

Filings received during the week ending January 8, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

* 3A5 12/03/2010

First Niagara Financial Group, Inc., Buffalo, New 

York ("FNFG"), to acquire all of the shares of 

NewAlliance Bancshares, Inc., New Haven, 

Connecticut ("NAB, Inc.") and thereby NAB, 

Inc.'s subsidiary, NewAlliance Bank, New 

Haven Connecticut, and subsequently merge 

NAB, Inc. with and into FNFG.

FIRST NIAGARA FINANCIAL 

GROUP, INC.

Newspaper:

Federal Register:

* 3A3

4c8

* 18C

* Branch

* 4c8

Not available

M&T Bank Corporation, Buffalo, New York, to 12/25/2010

acquire Wilmington Trust Corporation and 

thereby indirectly acquire Wilmington Trust 

Company, both of Wilmington, Delaware; and 

thereby indirectly to acquire Wilmington Trust 

FSB, Baltimore, Maryland, and other 

non-banking subsidiaries of Wilmington Trust 

Corporation and thereby operate a savings 

association and engage in other non-banking 

activities. Manufacturers and Traders Trust 

Company, Buffalo, New York, to purchase 

certain assets and assume certain liabilities of 

Wilmington Trust Company and Wilmington 

Trust FSB.

M&T BANK CORPORATION

* Subject to the provisions of the Community Reinvestment Act
District: 2

Federal Reserve Bank of New York

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Philadelphia

Filings received during the week ending January 8, 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 8, 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 8, 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:

* 18C Not available

* Branch Not applicable

Union First Market Bank, Richmond, Virginia, to 

acquire certain assets and assume certain 

liabilities of the Harrisonburg, Virginia, branch 

office of NewBridge Bank, Lexington, North 

Carolina.

UNION FIRST MARKET 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 January 8, 2011

Filer Filing Type Filing Proposal End of Comment Period

NONE

* 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

 749635 AUBURNBANK, AUBURN, ALABAMA 08/16/2010 12/26/2010 S Int Sm Bank

 150035 FIRST FARMERS & MRCH B, COLUMBIA, TENNESSEE 09/13/2010 01/03/2011 O Int Sm Bank

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 8, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

Bank Iowa, Clarinda, Iowa, to merge with sister 

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:

* 3A1 01/31/2011

02/03/2011

Choice Bancorp, Inc., Oshkosh, Wisconsin, to 

become a bank holding company by acquiring 

100 percent of the voting shares of Choice 

Bank, Oshkosh, Wisconsin.

CHOICE BANCORP, INC.

Newspaper:

Federal Register:

* Branch

Not applicable

First Bank & Trust, Evanston, Illinois, to 01/07/2011

establish a branch facility to be located at 4007 

Dempster Street, Skokie, Illinois.

FIRST BANK & TRUST

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.

* 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 January 8, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

Not available

Notice by the Coffey Family control group, 

Hickman, Kentucky, to retain control of Citizens 

Bancorp of Hickman, Inc., Hickman, Kentucky. 

The Coffey Family control group consists of 

Avery Coffey, Carla Coffey, Briley N. Coffey, 

James Coffey, Harold P. Coffey, Jr., Jill Coffey, 

Brooke Coffey, James Benjamin Coffey, Jentrie 

Coffey, Sue Werner, all of Hickman, Kentucky; 

and Patsy Campbell, Fulton, Kentucky.

CITIZENS BANCORP OF 

HICKMAN, INC.

Newspaper:

Federal Register:

* Branch

Not applicable

Evolve Bank & Trust, West Memphis, 01/13/2011

Arkansas, to establish a branch facility to be 

located at 5860 Ridgeway Center Parkway, Suite 

100, Memphis, Tennessee.

EVOLVE BANK & TRUST

Newspaper:

Federal Register:

* 3A3 01/31/2011

01/31/2011

First National Bancorp, Inc., Green Forest, 

Arkansas ("Bancorp"), to acquire 968 additional 

voting shares of Legacy National Bank, 

Springdale, Arkansas ("Legacy"). The 

acquisition will result in Bancorp retaining 

ownership of up to 8.11 percent of Legacy's 

voting stock.

FIRST NATIONAL BANCORP, 

INC.

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

Federal Reserve Bank of St. Louis

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

 493143 STATE BK OF LIMA, LIMA, ILLINOIS 09/13/2010 12/24/2010 S Small Bank

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 8, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

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 Not available

01/04/2011

Notice by Karl J. Breyer, Minneapolis, 

Minnesota, to acquire 10 percent or more of the 

shares of First Advantage Bancshares, Inc., 

Coon Rapids, Minnesota, and thereby indirectly 

gain control of First Advantage Bank, Coon 

Rapids, Minnesota. In addition, notice by 

Richard M. Ihrig, and Colleen J. Cooper, both of 

Minneapolis, Minnesota, to jointly acquire 10 

percent or more of the shares of First 

Advantage Bancshares, Inc., Coon Rapids, 

Minnesota, and thereby indirectly gain control 

of First Advantage Bank, Coon Rapids, 

Minnesota.

FIRST ADVANTAGE 

BANCSHARES, INC.

Newspaper:

Federal Register:

CIC 01/26/2010

01/20/2011

Change in control notice by Richard M. Connor, 

Jr., Laona, Wisconsin, to acquire and retain 25 

percent or more of the shares of Northern 

Wisconsin Bank Holding Company, Inc., Laona, 

Wisconsin, and thereby indirectly acquire and 

retain control of Laona State Bank, Laona, 

Wisconsin.

NORTHERN WISCONSIN BANK 

HOLDING COMPANY, INC.

Newspaper:

Federal Register:

CIC Not available

Not available

Notice by Noah W. Wilcox, as an individual and 

as trustee of the Noah W. Wilcox Trust, Grand 

Rapids, Minnesota, to acquire and retain 10 

percent or more of the shares of Wilcox 

Bancshares, Grand Rapids, Minnesota, and 

thereby indirectly retain control of 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

 256553 DACOTAH BK, ABERDEEN, SOUTH DAKOTA 08/16/2010 12/27/2010 O Large 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 8, 2011

Filer Filing Type Filing Proposal End of Comment Period

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.

* 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 8, 2011

Filer Filing Type Filing Proposal End of Comment Period

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

 60143 COMERICA BK, DALLAS, TEXAS 08/16/2010 01/03/2011 O Large 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 8, 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:

* 3A3 Not available

4c8 11/22/2010

Carpenter Fund Manager GP, LLC, Carpenter 

Fund Management Company, LLC, Carpenter 

Community Bancfund, L.P., Carpenter 

Community Bancfund-A, L.P., Carpenter 

Community Bancfund-CA, L.P., CGB Holdings, 

Inc., CCFW, Inc., and SCJ, Inc., all of Irvine, 

California, to acquire 100 percent of Professional 

Business Bank, Pasadena, California, in 

connection with the merger of Professional 

Business Bank with and into California General 

Bank, Pasadena, California; and 2)CGB 

Holdings, Inc., Irvine, California, to form a 

wholly-owned subsidiary, CGB Asset 

Management, Inc., Irvine, California, to engage 

in extending credit and servicing loans, 

pursuant to section 225.28 (b)(1) of Regulation 

Y.

CARPENTER FUND MANAGER 

GP, LLC

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

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

Federal Reserve Bank of San Francisco

Filings received during the week ending January 8, 2011

Filer Filing Type Filing Proposal End of Comment Period

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

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.

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

Federal Reserve Bank of San Francisco

Filings received during the week ending January 8, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC 12/22/2010

12/13/2010

Marc Jonathan Foulkrod and Jamie Foulkrod, 

both of Moorpark, California, to acquire 

additional voting shares of Mission Valley 

Bancorp, Sun Valley, California, and thereby 

indirectly acquire shares of Mission Valley 

Bank, Sun Valley, California.

MISSION VALLEY 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