Federal Reserve Release

H.2

Actions of the Board, Its Staff,

and the Federal Reserve Banks; 

Applications and Reports Received

No. 52 

Week Ending December 24, 2011

Board of Governors of the Federal Reserve System, Washington, DC 20551
Bank Holding Companies

The PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania, and PNC 

Bancorp, Inc., Wilmington, Delaware -- to acquire RBC Bank, (USA), Raleigh, 

North Carolina.

- Approved, December 19, 2011

The PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania, and PNC 

Bancorp, Inc., Wilmington, Delaware -- issuance of order regarding approval of the 

application to acquire RBC Bank (USA), Raleigh, North Carolina.

- Approved, December 22, 2011

Forms

Forms -- final notice for a two-year phase-in period for most savings and loan 

holding companies (SLHCs) to file Federal Reserve regulatory reports (with initial 

filing exemption for some SLHCs) and final Board review to revise the following 

reports to include SLHCs: FR Y-6, FR Y-7, FR Y-9C, FR Y-9LP, FR Y-9SP, 

FR Y-9ES, FR Y-9CS, FR Y-11, FR Y-11S, FR 2314, FR 2314S, FR Y-8, FR Y-12, 

FR Y-12A, FR Y-7Q, FR Y-7N, and FR Y-7NS.

- Approved, December 22, 2011

Personnel

Division of Banking Supervision and Regulation -- appointment of Tameika L. Pope 

as assistant director.

- Announced, December 20, 2011

Regulations and Policies

Regulation VV (Proprietary Trading and Relationships with Covered Funds) -- 

extension of the comment period to February 13, 2012, on interagency proposal to 

implement the so-called Volcker rule.

- Announced, December 23, 2011

H.2 Board Actions December 18, 2011 to December 24, 2011

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

Regulation YY (Enhanced Prudential Standards) -- publication for comment of 

proposed rules to strengthen regulation and supervision of large bank holding 

companies and systemically important nonbank financial firms, in accordance with 

the Dodd-Frank Act.

- Approved, December 19, 2011

Enforcement

Bank of Hampton Roads, Norfolk, Virginia (successor by merger with Gateway 

Bank and Trust, Elizabeth City, North Carolina) -- issuance of a consent order of 

assessment of a civil money penalty.

- Announced, December 22, 2011

State Bank and Trust Company, Defiance, Ohio -- issuance of a consent order of 

assessment of a civil money penalty.

- Announced, December 22, 2011

H.2 Board Actions December 18, 2011 to December 24, 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

December 18, 2011 to December 24, 2011

Bank Branches, Domestic

East West Bank, Pasadena, California -- to establish a branch at 19625 Stevens Creek 

Boulevard, Cupertino.

San Francisco

- Approved, December 21, 2011

Liberty Bank of Arkansas, Jonesboro, Arkansas -- to establish a branch at 1400 East 

Joyce Boulevard, Fayetteville.

Secretary

- Approved, December 19, 2011

Sandy Spring Bank, Olney, Maryland -- to establish a branch at 5250 Port Royal 

Road, Springfield, Virginia.

Richmond

- Approved, December 21, 2011

Bank Holding Companies

Bluechip Bancshares, LLC, Oklahoma City, Oklahoma -- to become a bank holding 

company and to acquire Elmore City Bancshares, Inc., Elmore City, and its 

subsidiary bank, First State Bank.

Kansas City

- Approved, December 22, 2011

(A/C) = Addition or Correction Delegated - 1 of 5
Bank Holding Companies

CenterState Banks, Inc., Davenport, Florida -- to engage in making, acquiring, 

brokering, or servicing loans or other extensions of credit though its subsidiary, 

R4ALL, Inc., Davenport.

Atlanta

- Approved, December 22, 2011

Community Bancshares Employee Stock Ownership Plan, Neosho, Missouri -- to 

acquire shares of Community Bancshares, Inc., Neosho, and Community Bank & 

Trust.

Kansas City

- Approved, December 22, 2011

First Arkansas BancShares, Inc., Jacksonville, Arkansas -- to acquire shares of FAS 

Capital, LLC, Atlanta, Georgia, and thereby engage in lending activities.

St. Louis

- Withdrawn, December 19, 2011

Northern Valley Financial, LLC, Almena, Kansas -- to become a bank holding 

company and to acquire Almena State Bank, Almena.

Kansas City

- Withdrawn, December 22, 2011

Bank Mergers

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

liabilities of Premier Community Bank of the Emerald Coast, Crestview, Florida, and 

to retain the acquired facilities as branches.

St. Louis

- Withdrawn, December 20, 2011

H.2 Actions under delegated authority December 18, 2011 to December 24, 2011

(A/C) = Addition or Correction Delegated - 2 of 5
Bank Mergers

Heber Springs State Bank, Heber Springs, Arkansas -- to merge with Eagle Bank and 

Trust Company, Little Rock, and to retain the acquired facilities as branches.

St. Louis

- Approved, December 21, 2011

Change in Bank Control

A. M. Saylor, Incorporated, Hampton, Iowa -- change in bank control of A.M. Saylor 

and its subsidiary bank, First National Bank of Hampton, Hampton.

Chicago

- Permitted, December 22, 2011

Carroll Financial Services, Inc., Huntingdon, Tennessee -- change in bank control of 

Carroll Financial and its subsidiary bank, Carroll Bank and Trust.

St. Louis

- Permitted, December 22, 2011

Minnwest Corporation, Minnetonka, Minnesota -- to retain control of Minnwest and 

its subsidiary banks, Minnwest Bank, M.V., Redwood Falls; Minnwest Bank South, 

Tracy; Minnwest Bank Luverne, Luverne; Minnwest Bank Central, Montevideo; 

Minnwest Bank Metro, Eagan; and Minnwest Bank Sioux Falls, Sioux Falls, South 

Dakota.

Minneapolis

- Permitted, December 22, 2011

Tradition Bancshares, Inc., Edina, Minnesota -- to retain control of Tradition and its 

subsidiary bank, Tradition Capital Bank, Edina.

Minneapolis

- Permitted, December 22, 2011

H.2 Actions under delegated authority December 18, 2011 to December 24, 2011

(A/C) = Addition or Correction Delegated - 3 of 5
Change in Bank Control

Wilber Co., Lincoln, Nebraska -- change in bank control of Wilber and its subsidiary 

bank, First State Bank, Lincoln.

Kansas City

- Permitted, December 23, 2011

Wills Point Financial Corporation, Wills Point, Texas -- change in bank control of 

Wills Point and its subsidiary bank, Citizens National Bank, Wills Point.

Dallas

- Permitted, December 20, 2011

Extensions of Time

Ally Financial Inc., Detroit, Michigan -- one-year extension of time to conform or 

divest certain impermissible nonbanking activities and investments.

Director, BS&R

- Granted, December 23, 2011

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

certain impermissible investments.

Director, BS&R

- Granted, December 22, 2011

International Operations

State Street Bank and Trust Company, Boston, Massachusetts, and State Street 

International Holdings -- waiver of remainder of prior-notice period to invest in 

certain United Kingdom- and India-based subsidiaries.

Director, BS&R

- Granted, December 20, 2011

H.2 Actions under delegated authority December 18, 2011 to December 24, 2011

(A/C) = Addition or Correction Delegated - 4 of 5
Membership

American National Bank, Denver, Colorado -- to retain membership in the Federal 

Reserve System on conversion to a state-chartered bank, ANB Bank.

Kansas City

- Approved, December 22, 2011

Savings and Loan Holding Companies

Cincinnatus Community Bancorp, MHC, Cheviot, Ohio, and Cincinnatus 

Community Bancorp, Inc. -- issuance of a mutual holding company charter to 

Bancorp, MHC, and stock holding company charter to its subsidiary, Bancorp, Inc.

Secretary

- Approved, December 21, 2011

H.2 Actions under delegated authority December 18, 2011 to December 24, 2011

(A/C) = Addition or Correction Delegated - 5 of 5
District: 1

Federal Reserve Bank of Boston

Filings received during the week ending December 24, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

Member Not applicable

Not applicable

Application by Washington Savings Bank, 

Lowell, 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.

WASHINGTON 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 December 24, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

01/12/2012

Notice by Mr. Anil Bansal, Wayne, New Jersey, 

to increase his ownership interest in IA 

Bancorp, Inc., from 6.87 percent to 24 percent, 

and thereby indirectly acquire additional voting 

shares of Indus American Bank, both of Iselin, 

New Jersey.

IA BANCORP, INC.

Newspaper:

Federal Register:

* Branch Not available

Not applicable

Manufacturers and Traders Trust Company, 

Buffalo, New York, to establish a branch facility 

to be located at Timonium Center I, 1966 

Greenspring Drive, Timonium, Baltimore 

County, Maryland. (RSSD ID 4363785)

MANUFACTURERS AND 

TRADERS TRUST COMPANY

* 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 December 24, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC 12/03/2011

12/02/2011

Messrs. W. Kirk Wycoff, Philadelphia, PA, Ira 

M. Lubert, Philadelphia, PA, and James J. 

Lynch, Philadelphia, PA, collectively to acquire 

up to 18% of Continental Bank Holdings, Inc., 

Plymouth Meeting, PA.

Continental Bank

Newspaper:

Federal Register:

CIC Not available

12/02/2011

Arthur J. Kania, St. Davids, PA, to acquire up to 

23% of Franklin Security Bancorp, Inc., Wilkes 

Barre, PA.

FRANKLIN SECURITY 

BANCORP, INC.

Newspaper:

Federal Register:

CIC Not available

09/21/2011

Patriot Financial Partners, GP, L.P., Patriot 

Financial Partners, L.P., Patriot Financial 

Partners Parallel, L.P., Patriot Financial Partners, 

GP, LLC, Patriot Financial Managers, L.P., 

Patriot Financial Manager, LLC. and Messrs. Ira 

M. Lubert, W. Kirk Wycoff and James J. Lynch, 

all of Philadelphia, Pennsylvania, to purchase 

up to 24.9 percent of Porter Bancorp, Inc., 

Louisville, KY.

PATRIOT FINANCIAL 

PARTNERS LP

* 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 December 24, 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 December 24, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

4c8 Not available

First Financial Holdings, Inc., Charleston, South 

Carolina, to become a bank holding company 

upon the conversion of First Federal Savings 

and Loan Association, Charleston, South 

Carolina, to a state chartered commercial bank.

FIRST FINANCIAL HOLDINGS 

INC.

Newspaper:

Federal Register:

CIC Not available

Not available

Mr. Mark W. Jaindl, Allentown, Pennsylvania, 

to control up to 17% of the voting shares of 

South Street Financial Corp., Albemarle, North 

Carolina.

SOUTH STREET FINANCIAL 

CORP.

* 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 December 24, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A5

* 18C

* Branch

01/09/2012

01/06/2012

1st United Bancorp (Bancorp), Boca Raton, 

Florida, to merge with Anderen Financial, Inc., 

and thereby directly acquire its subsidiary, 

Anderen Bank (Bank), both of Palm Harbor, 

Florida. In addition, Bancorp's subsidiary, 1st 

United Bank, Boca Raton, Florida, will merge 

with Bank.

1ST UNITED BANCORP, INC.

* Subject to the provisions of the Community Reinvestment Act
District: 6

Federal Reserve Bank of Atlanta

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 7

Federal Reserve Bank of Chicago

Filings received during the week ending December 24, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

12/30/2011

Burling Bancorp, Inc., Chicago, Illinois, to 

become a bank holding company by acquiring 

100 percent of the voting shares of Burling 

Bank, Chicago, Illinois.

BURLING BANCORP, INC.

Newspaper:

Federal Register:

* 3A1 Not available

01/06/2012

Inspire Bancshares, Inc., Tomah, Wisconsin, to 

become a bank holding company by acquiring 

100 percent of the voting shares of Community 

State Bank, Norwalk, Wisconsin.

INSPIRE BANCSHARES INC

Newspaper:

Federal Register:

CIC Not available

Not available

Notice by Helen P. Johnson-Leipold, Imogene P. 

Johnson, The Herbert F. Johnson Family Trust 

dated March 7, 1967 ("HFJ Trust"), Imogene P. 

Johnson as trustee for HFJ Trust and various 

other Johnson family trusts, Imogene P. 

Johnson as controlling shareholder for various 

Johnson family companies, the Johnson 

Financial Group, Inc. Voting Trust ("Johnson 

Voting Trust"), Helen P. Johnson-Leipold as 

trustee for the Johnson Voting Trust and 

various other family trusts and Helen P. 

Johnson-Leipold as controlling shareholder for 

various Johnson family companies (all of 

Racine, Wisconsin) to acquire 25 percent or 

more of the voting shares of Johnson Financial 

Group, Inc., Racine, Wisconsin, and thereby 

indirectly acquire Johnson Bank, Racine, 

Wisconsin.

JOHNSON FINANCIAL GROUP, 

INC.

Newspaper:

Federal Register:

CIC 12/01/2011

01/03/2012

Notice by the Garst Family (Elizabeth Garst, 

Edward Garst and Rachel Garst of Coon Rapids, 

Iowa; Jennifer Garst, Ames, Iowa; Kate Garst 

Revocable Trust, Des Moines, Iowa; Sarah 

Garst, West Des Moines, Iowa), as a group 

acting in concert and individually by Elizabeth 

Garst, Sarah Garst, and Sally Garst Haerr, 

Fairfield, Iowa, for approval to increase control 

to more than 25 percent of Perry Investment 

Company, Perry, Iowa, and thereby indirectly 

control Raccoon Valley Bank, Perry, Iowa.

PERRY INVESTMENT COMPANY

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

Pinnacle Bank, Marshalltown, Iowa, to purchase 

certain assets and assume certain liabilities of 

the Home Federal Savings Bank, Rochester, 

Minnesota, branch located at 1301 South 

County Road, Toledo, Iowa. Pinnacle Bank will 

establish an office at 1301 South County Road, 

Toledo, Iowa, upon consummation of the 

proposal.

PINNACLE BANK

* 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 December 24, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

4c8 Not applicable

Not available

First Arkansas BancShares, Inc., Jacksonville, 

Arkansas, to increase its ownership in BVCA, 

LLC, from 18 percent to 100 percent, and 

continue to engage in lending.

FIRST ARKANSAS 

BANCSHARES, INC.

Newspaper:

Federal Register:

4c8 Not applicable

Not applicable

Security Bancorp of Tennessee, Inc., Halls, 

Tennessee, to acquire 49 percent of the voting 

shares of Patriot-Stitt Insurance Agency, 

Millington, Tennessee, and thereby engage in 

general insurance agency activities.

SECURITY BANCORP OF 

TENNESSEE, 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

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 December 24, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

01/17/2012

Faribault FSL Bancorporation, Inc., Faribault, 

Minnesota, to become a bank holding company 

by acquiring 100 percent of 1st United Bank, 

Faribault, Minnesota. 1st United Bank, 

Faribault, Minnesota, intends to convert from a 

federal savings bank to a Minnesota 

state-chartered bank.

FARIBAULT FSL 

BANCORPORATION, INC.

Newspaper:

Federal Register:

CIC Not available

Not available

Gladys E. Youse Trust Agreement, Madolyn Y. 

Babcock, Trustee, both of Minneapolis, 

Minnesota, to acquire 25% or more of Metro 

North Bancshares, Inc. and thereby indirectly 

acquire control of The Bank of Elk River, both of 

Elk River, Minnesota.

METRO NORTH BANCSHARES, 

INC.

Newspaper:

Federal Register:

* 3A1 01/03/2012

01/03/2012

Mountain Iron Holdings, LLC, Buhl, Minnesota, 

to become a bank holding company by 

acquiring 100 percent of Timberland 

Bancorporation, Baxter, Minnesota, and thereby 

indirectly acquire First National Bank of Buhl, 

Buhl, Minnesota.

MOUNTAIN IRON HOLDINGS 

LLC

* 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 December 24, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

01/23/2012

Central Financial Corporation, Hutchinson, 

Kansas, to acquire .25 percent, for a total of 7.05 

percent, of the voting shares of TTAC Corp., 

parent of Community First National Bank, both 

in Manhattan, Kansas.

CENTRAL FINANCIAL 

CORPORATION

Newspaper:

Federal Register:

CIC 01/03/2012

01/06/2012

Notice by Meredith Williams, Omaha, Nebraska; 

Luke and Julie Rickertsen, Gothenburg, 

Nebraska; Matthew H. Williams Family 

Irrevocable Trust #1; and Matthew H. Williams 

Family Irrevocable Trust #2; to become part of 

the group acting in concert; and Robert M. 

Williams, Omaha, Nebraska, individually and as 

Trustee of the Matthew H. Williams Family 

Irrevocable Trust #1; and Matthew H. Williams 

Family Irrevocable Trust #2; to acquire control 

of Williams Financial Corp., parent of The 

Gothenburg State Bank and Trust Company, 

both in Gothenburg, Nebraska.

WILLIAMS 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 December 24, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

4c8 Not applicable

Not available

Prior notice by Carlile Bancshares, Inc., Fort 

Worth, Texas, to engage de novo in extending 

credit and servicing loans through its 

wholly-owned operating subsidiary, Carlile 

Capital, LLC, pursuant to Section 4(c)(8) of the 

Bank Holding Company Act and Section 

225.28(b)(1) of Regulation Y.

CARLILE BANCSHARES, INC.

Newspaper:

Federal Register:

* Branch Not available

Not applicable

Comerica Bank, Dallas, Texas to establish a 

mobile branch to stop at 23500 Cristo Rey Drive, 

Cupertino, Santa Clara County, California 95014.

COMERICA BANK

Newspaper:

Federal Register:

* 3A1 Not available

01/06/2012

Rockwall Bancshares, Inc., Rockwall, Texas, to 

become a bank holding company by acquiring 

100 percent of Northern Bancshares, Inc., 

Chillicothe, Texas, and therefore indirectly, The 

First National Bank of Chillicothe, Chillicothe, 

Texas.

ROCKWALL 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

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 December 24, 2011

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

10/27/2011

Interagency Notice of Change in Control by 

Montlake Capital II, L.P, a limited partnership 

and Montlake Capital II-B, L.P., a limited 

partnership, Seattle, Washington, to acquire 

voting shares of Coastal Financial Corporation, 

and thereby indirectly acquire Coastal 

Community Bank, both of Everett, Washington; 

and 2)Coastal Financial Corporation and Coastal 

Community Bank, both of Everett, Washington 

to appoint Andrew Russell Dale as a Director.

COASTAL FINANCIAL 

CORPORATION

Newspaper:

Federal Register:

* 3A1 Not available

Not available

Private Bancorp of America, Inc., to become a 

bank holding company by acquiring 100 percent 

of San Diego Private Bank, both of La Jolla, 

California.

PRIVATE BANCORP OF 

AMERICA, 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