Federal Reserve Release

H.2

Actions of the Board, Its Staff,

and the Federal Reserve Banks; 

Applications and Reports Received

No. 25 

Week Ending June 18, 2011

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

Banking Supervision -- statement by Michael R. Foley, senior associate director, 

Division of Banking Supervision and Regulation, before a subcomittee of the Senate 

Committee on Banking, Housing, and Urban Affairs on the supervision and 

examination of financial institutions and changes to the Board's supervisory policies 

and procedures in response to the recent financial crisis.

- Published, June 15, 2011

Capital and Liquidity Standards -- statement by Governor Tarullo before the House 

Committee on Financial Services on capital and liquidity standards and their 

relationship to international competitiveness.

- Published, June 16, 2011

Dodd-Frank Act and Derivatives -- statement by Michael S. Gibson, senior associate 

director, Division of Research and Statistics, before the Senate Committee on 

Agriculture, Nutrition, and Forestry regarding the implementation of title VII of the 

Dodd-Frank Act and the Board's responsibilities for over-the-counter derivatives.

- Published, June 15, 2011

Bank Holding Companies

Mitsubishi UFJ Financial Group, Inc., Tokyo, Japan -- application to acquire up to 

24.9 percent of the voting shares of Morgan Stanley, New York, New York, 

and indirectly acquire an interest in its subsidiary banks, Morgan Stanley Bank, 

National Association, Salt Lake City, Utah, and Morgan Stanley Private Bank, 

National Association, Purchase, New York, and in certain nonbanking operations of 

Morgan Stanley.

- Approved, June 14, 2011

H.2 Board Actions June 12, 2011 to June 18, 2011

(A/C) = Addition or Correction Board - Page 1 of 2
Regulations and Policies

Regulation B (Equal Credit Opportunity) -- publication for comment of a proposed 

rule to clarify that motor vehicle dealers temporarily are not required to comply with 

certain data collection requirements in the Dodd-Frank Act until the Board 

issues final regulations. 

- Approved, June 17, 2011

Enforcement

Heritage Commerce Corp., San Jose, California, and Heritage Bank -- written 

agreement dated February 17, 2010, terminated June 9, 2011.

- Announced, June 14, 2011

Northwest Bancorporation, Inc., Palatine, Illinois -- written agreement with the 

Federal Reserve Bank of Chicago.

- Announced, June 14, 2011

H.2 Board Actions June 12, 2011 to June 18, 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 12, 2011 to June 18, 2011

Bank Branches, Domestic

Heritage Bank, Norfolk, Virginia -- to establish a branch at 1403 Greenbrier 

Parkway, Chesapeake.

Richmond

- Approved, June 16, 2011

Morton Community Bank, Morton, Illinois -- to establish a branch at 3512 Court 

Street, Pekin.

Chicago

- Approved, June 17, 2011

Southwest Bank, Fort Worth, Texas -- to establish a branch at Jerome Street and 

Rosedale Street, Fort Worth.

Dallas

- Approved, June 13, 2011

Bank Holding Companies

Canton Bancshares, Inc., Hannibal, Missouri -- to acquire Canton State Bank, 

Canton.

St. Louis

- Approved, June 16, 2011

Leackco Bank Holding Company, Inc., Wolsey, South Dakota -- to acquire 

Kingsbury Bank Holding Company, De Smet, and thereby indirectly acquire Peoples 

State Bank.

Minneapolis

- Approved, June 13, 2011

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

North Central Bancshares, Inc., Fort Dodge, Iowa -- to become a bank holding 

company on the conversion of its subsidiary bank, First Federal Savings Bank of 

Iowa, Fort Dodge, from a federally chartered savings bank to a state-chartered bank.

Chicago

- Approved, June 13, 2011

PB Bancshares, Inc., Employees Stock Ownership Plan, Clifton, Tennessee -- to 

become a bank holding company and to retain shares of PB Bancshares, Inc., Clifton, 

and its subsidiary bank, Peoples Bank.

Atlanta

- Approved, June 14, 2011

Woori Finance Holdings Co., Ltd., Seoul, Korea -- to acquire shares of Hanmi 

Financial Corp., Los Angeles, California, and thereby indirectly acquire Hanmi 

Bank.

New York

- Withdrawn, June 15, 2011

Bank Mergers

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

liabilities of First Commercial Bank of Tampa Bay, Tampa, Florida, and to retain the 

acquired facilities as branches.

St. Louis

- Withdrawn, June 17, 2011

H.2 Actions under delegated authority June 12, 2011 to June 18, 2011

(A/C) = Addition or Correction Delegated - 2 of 4
Banks, National

Citibank, N.A., Las Vegas, Nevada -- location determination of master account at the 

Federal Reserve Bank of New York.

Secretary

- Approved, June 16, 2011

Change in Bank Control

First United, Inc., Central City, Kentucky -- to retain control of First United, Inc. and 

its subsidiary bank, First National Bank of Muhlenberg County, Kentucky, Central 

City.

St. Louis

- Permitted, June 17, 2011

Extensions of Time

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

additional shares of Washington Bancorp, Washington, and thereby increase its 

indirect interest in Washington Bancorp's subsidiary bank, Federation Bank.

Chicago

- Granted, June 13, 2011

M&P Community Bancshares, Inc. 401(k) Employee Stock Ownership Plan, 

Newport, Arkansas -- extension to September 16, 2011, to acquire additional shares 

of M&P Community Bancshares, Inc., Newport.

St. Louis

- Granted, June 16, 2011

H.2 Actions under delegated authority June 12, 2011 to June 18, 2011

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

First Community Bank, National Association, Bluefield, Virginia -- to retain 

membership in the Federal Reserve System on conversion to a state-chartered bank, 

First Community Bank, Bluefield.

Richmond

- Approved, June 17, 2011

Regulations and Policies

Regulation Z (Truth in Lending) -- annual adjustment of the dollar amount that 

triggers additional disclosure requirements for home morgage loans with rates or fees 

above a certain dollar amount.

Director, C&CA

- Approved, June 13, 2011

H.2 Actions under delegated authority June 12, 2011 to June 18, 2011

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

Federal Reserve Bank of Boston

Filings received during the week ending June 18, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

* 3A5 07/15/2011

Brookline Bancorp, Inc., Brookline, 

Massachusetts, to acquire Bancorp Rhode 

Island, Inc. and its subsidiary bank, Bank Rhode 

Island, both of Providence, Rhode Island 

pursuant to sections 3(a)(3) and 3(a)(5) of the 

Bank Holding Company Act, as amended.

BROOKLINE BANCORP, INC.

Newspaper:

Federal Register:

* 3A1 Not available

Not available

BSB Bancorp, Inc., Belmont, Massachusetts to 

acquire 100% of the outstanding capital stock of 

Belmont Savings Bank, Belmont, 

Massachusetts, pursuant to section 3(a)(1) of 

the BHC Act, in connection with the conversion 

of the holding company from mutual to stock 

form.

BSB BANCORP INC

Newspaper:

Federal Register:

Member Not applicable

Not applicable

Application by South Shore Savings Bank, 

South Weymouth, Massachusetts, to become a 

member of the Federal Reserve System pursuant 

to section 9 of the Federal Reserve Act and 

section 208.3 of Regulation H.

SOUTH SHORE SAVINGS BANK

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

Federal Reserve Bank of Boston

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of New York

Filings received during the week ending June 18, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Adirondack Bank, Utica, New York, requests to 06/04/2011

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:

* 3A1 Not available

07/15/2011

Banco do Brasil S.A., Brasilia, Brazil and Caixa 

de Previdencia dos Funcionarios do Banco do 

Brasil, Rio de Janeiro, Brazil, to become bank 

holding companies by acquiring 51 percent of 

Eurobank, Boca Raton, Florida.

BANCO DO BRASIL S.A.

Newspaper:

Federal Register:

FBSEA

Not applicable

BNP Paribas, Paris, France, to establish an 07/08/2011

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 18, 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 18, 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 18, 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 07/01/2011

07/01/2011

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:

* 18C

Not applicable

Xenith Bank, Richmond, Virginia, to acquire 07/09/2011

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

 355821 BANK OF FLOYD, FLOYD, VIRGINIA 01/24/2011 05/04/2011 S Small Bank

 933023 CNB, CENTREVILLE, MARYLAND 02/07/2011 05/19/2011 S Int Sm Bank

 3374298 VIRGINIA HERITAGE BK, FAIRFAX, VIRGINIA 01/31/2011 05/16/2011 S Int Sm Bank

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 18, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 07/14/2011

07/18/2011

Commerce Union Bancshares, Inc., to become a 

bank holding company by acquiring 100 percent 

of the outstanding shares of Commerce Union 

Bank, both of Springfield, Tennessee.

COMMERCE UNION 

BANCSHARES, INC.

Newspaper:

Federal Register:

* 3A1 07/05/2011

07/11/2011

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

Newspaper:

Federal Register:

* Branch

Not applicable

SunTrust Bank, Atlanta, Georgia, to establish 06/28/2011

the following branches: 1702 N Main Street, 

Jacksonville, Florida, to be known as the 

Historic Springfield Branch; 3604 Memorial 

Drive, Decatur, Georgia, to be known as the 

Avondale Estates Branch; and 548 E Belvedere 

Avenue, Baltimore, Maryland, to be known as 

the Belvedere Square Branch.

SUNTRUST BANK

* 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

 3368635 PARADISE BK, BOCA RATON, FLORIDA 02/14/2011 06/05/2011 S 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 June 18, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

4c8 Not applicable

07/01/2011

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:

Member Not applicable

Not applicable

First Federal Savings Bank of Iowa, Fort Dodge, 

Iowa, to become a member of the Federal 

Reserve System following its conversion from a 

federal savings bank to a state chartered bank.

FIRST FEDERAL SAVINGS 

BANK OF IOWA

Newspaper:

Federal Register:

4c8 Not applicable

07/07/2011

Northern Trust Corporation and The Northern 

Trust Company, both located in Chicago, 

Illinois, to acquire 100 percent of the 

outstanding voting membership interests in 

Omnium LLC, a Delaware limited liability 

company, Chicago, Illinois.

NORTHERN TRUST COMPANY, 

THE

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.

* 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

 807348 BANK OF OAKFIELD, OAKFIELD, WISCONSIN 01/24/2011 06/13/2011 S Small Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of St. Louis

Filings received during the week ending June 18, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

Not available

Alton Bancshares, Inc., Alton, Missouri, to 

acquire 100 percent of First Community Bank of 

the Ozarks, Branson, Missouri.

ALTON BANCSHARES, INC.

Newspaper:

Federal Register:

Member Not applicable

Not applicable

First Delta Bank, Marked Tree, Arkansas to 

become member of the Federal Reserve System.

FIRST DELTA 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

 169653 FIRST BK, CREVE COEUR, MISSOURI 08/16/2010 06/10/2011 S Large 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 June 18, 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

 564856 1ST BK, SIDNEY, MONTANA 01/31/2011 06/07/2011 S Small Bank

 630555 AMERICAN BK, BOZEMAN, MONTANA 02/07/2011 06/08/2011 S Int Sm Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Kansas City

Filings received during the week ending June 18, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

Member Not applicable

Not applicable

Commerce Bank, National Association, Kansas 

City, Missouri, to convert from a national to a 

state charter bank and retain its membership 

with the Federal Reserve.

COMMERCE BANK, NATIONAL 

ASSOCIATION

Newspaper:

Federal Register:

Member Not applicable

Not applicable

Farmers Bank of Northern Missouri, National 

Association, Unionville, Missouri, to convert 

from a national to a state charter bank and retain 

its membership with the Federal Reserve.

FARMERS BANK OF 

NORTHERN MISSOURI, 

NATIONAL ASSOCIATION

Newspaper:

Federal Register:

* Branch Not available

Not applicable

FirstBank, Lakewood, Colorado, to establish a 

de novo branch at 2100 Broadway Street, 

Boulder, Colorado.

FIRSTBANK

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

 348159 BANK OF BENNINGTON, BENNINGTON, NEBRASKA 03/07/2011 06/07/2011 S Small Bank

 883959 BANK OF KREMLIN, KREMLIN, OKLAHOMA 02/28/2011 05/30/2011 S Small Bank

 988452 FIRST BETHANY BK & TR, BETHANY, OKLAHOMA 03/14/2011 06/01/2011 S Small Bank

 1187001 INTERBANK, OKLAHOMA CITY, OKLAHOMA 02/28/2011 06/02/2011 S Int Sm Bank

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 18, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

07/15/2011

Carlile Bancshares, Inc., Fort Worth, Texas, to 

acquire 100% of the common stock of The Bank 

at Broadmoor, Colorado Springs, Colorado.

CARLILE BANCSHARES, INC.

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

* 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 18, 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:

4c8 Not applicable

07/01/2011

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 sections 

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

 1471577 AMERICAN SCTY BK, NEWPORT BEACH, CALIFORNIA 02/28/2011 06/14/2011 S Int Sm Bank

 207872 FIRST UT BK, SALT LAKE CITY, UTAH 02/28/2011 06/15/2011 S Int Sm Bank

 2209553 HERITAGE BK OF CMRC, SAN JOSE, CALIFORNIA 01/31/2011 06/03/2011 S Large Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act