Federal Reserve Release

H.2

Actions of the Board, Its Staff,

and the Federal Reserve Banks; 

Applications and Reports Received

No. 8 

Week Ending February 25, 2012

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

Monetary Policy -- statement by Chairman Bernanke before the House Committee on 

Financial Services on February 29 and the Senate Committee on Banking, Housing, 

and Urban Affairs on March 1, 2012, on the semiannual monetary policy report to the 

Congress.

- Discussed, February 23, 2012

Bank Holding Companies

Hana Financial Group Inc., Seoul, Korea -- to acquire indirect controlling interests in 

KEB NY Financial Corp., New York, New York, and KEB LA Financial Corp., 

Los Angeles, California, and thereby engage in certain nonbanking activities.

- Approved, February 8, 2012

(A/C)

Monetary and Financial Policy

Monetary Policy -- semiannual monetary policy report to the Congress.

- Authorized, February 21, 2012

Enforcement

Commerce Bancshares, Inc., Edina, Minnesota -- written agreement with the Federal 

Reserve Bank of Minneapolis.

- Announced, February 23, 2012

H.2 Board Actions February 19, 2012 to February 25, 2012

(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 Community Affairs

Federal Open Market Committee

RBOPS Reserve Bank Operations and Payment Systems

IF International Finance

February 19, 2012 to February 25, 2012

MA Monetary Affairs

Bank Branches, Domestic

Manufacturers and Traders Trust Company, Buffalo, New York -- to establish a 

branch at 1420 Wisconsin Avenue, NW, Washington, D.C.

New York

- Approved, February 23, 2012

Monarch Bank, Chesapeake, Virginia -- to establish a branch at 2999 Corporate 

Lane, Suites B8 and B9, Suffolk.

Richmond

- Approved, February 21, 2012

Bank Holding Companies

Banner Bancorp, Ltd., Birnamwood, Wisconsin -- to continue to engage de novo in 

extending credit and servicing loans.

Chicago

- Approved, February 24, 2012

Cabool State Bank Employee Stock Ownership Plan, Cabool, Missouri -- to increase 

its ownership of Cabool Bancshares, Inc., Cabool, and thereby increase its indirect 

control of Cabool State Bank.

St. Louis

- Approved, February 24, 2012

Inspire Bancshares, Inc., Tomah, Wisconsin -- to become a bank holding company 

and to acquire Community State Bank, Norwalk.

Chicago

- Withdrawn, February 21, 2012

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

ECB Bancorp, Inc., Engelhard, North Carolina -- change in bank control of ECB and 

its subsidiary bank, The East Carolina Bank, Engelhard.

Richmond

- Withdrawn, February 17, 2012

(A/C)

ECB Bancorp, Inc., Engelhard, North Carolina -- change in bank control of ECB and 

its subsidiary bank, The East Carolina Bank, Engelhard.

Richmond

- Withdrawn, February 24, 2012

International Operations

Raymond James Bank, N.A., St. Petersburg, Florida -- to establish an agreement 

corporation, Raymond James Canadian Acquisition, Inc., St. Petersburg, and for the 

agreement corporation to invest in Raymond James Finance Company of Canada, 

Ltd., Toronto, Canada.

Director, BS&R

- Approved, February 23, 2012

Membership

Northwest Bank, Spencer, Iowa -- request for withdrawal from membership in the 

Federal Reserve System.

Chicago

- Granted, February 21, 2012

H.2 Actions under delegated authority February 19, 2012 to February 25, 2012

(A/C) = Addition or Correction Delegated - 2 of 3
Savings and Loan Holding Companies

Valley Central, MHC, Reading, Ohio, and Valley Central Bancorp, Inc. -- issuance of 

a mutual holding company charter to Valley Central, MHC, and a stock holding 

company charter to its subsidiary, Valley Central Bancorp, Inc.

Secretary

- Approved, February 21, 2012

H.2 Actions under delegated authority February 19, 2012 to February 25, 2012

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

Federal Reserve Bank of Boston

Filings received during the week ending February 25, 2012

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 Second Quarter of 2012 (April 1, 2012 - June 30, 2012)

Institution Location

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

Federal Reserve Bank of New York

Filings received during the week ending February 25, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

The Adirondack Trust Company, Saratoga 03/02/2012

Springs, New York, to establish a full service 

branch in the Town of Malta at 320-322 Ruhle 

Road South, Ballston Lake, Saratoga County, 

New York. (RSSD #4382692)

ADIRONDACK TRUST 

COMPANY, THE

Newspaper:

Federal Register:

FBSEA Not available

Not applicable

Danske Bank A/S, Copenhagen, Denmark, to 

establish a branch in New York, New York, 

pursuant to Section 211.24 of Regulation K.

DANSKE BANK A/S

Newspaper:

Federal Register:

4c8 Not applicable

03/15/2012

Danske Bank A/S, Copenhagen, Denmark, to 

engage de novo through its subsidiary, Danske 

Markets Inc., New York, New York, in securities 

brokerage activities, pursuant to Section 

225.28(b)(7)(i).

DANSKE BANK A/S

* 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 Second Quarter of 2012 (April 1, 2012 - June 30, 2012)

Institution Location

CHEMUNG CANAL TC ELMIRA, NEW YORK

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

Federal Reserve Bank of Philadelphia

Filings received during the week ending February 25, 2012

Filer Filing Type Filing Proposal End of Comment Period

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 Second Quarter of 2012 (April 1, 2012 - June 30, 2012)

Institution Location

LAFAYETTE AMBASSADOR BK EASTON, PENNSYLVANIA

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

Federal Reserve Bank of Cleveland

Filings received during the week ending February 25, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

03/01/2012

Notice of Change in Control by Richard H. Thut, 

Orrville, Ohio, to acquire up to 32.97% of the 

voting shares of FC Banc Corp., Bucyrus, Ohio

FC BANC CORP

* 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 Second Quarter of 2012 (April 1, 2012 - June 30, 2012)

Institution Location

* Subject to the provisions of the Community Reinvestment Act
District: 5

Federal Reserve Bank of Richmond

Filings received during the week ending February 25, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

03/20/2012

CapGen Capital Group VI LP and CapGen 

Capital Group VI LLC, both of New York, New 

York, to increase their investment up to 49.9% 

of the voting securities of Hampton Roads 

Bankshares, Inc., Norfolk, Virginia, and thereby 

to indirectly increase their investment in Bank of 

Hampton Roads, Norfolk, Virginia, and Shore 

Bank, Onley, Virginia.

CAPGEN CAPITAL GROUP VI 

LLC

Newspaper:

Federal Register:

* 18C Not available

Not applicable

First Federal Savings and Loan Association of 

Charleston, Charleston, South Carolina, to 

acquire certain assets and assume certain 

liabilities of the South Carolina branch offices of 

Liberty Savings Bank, F.S.B., Wilmington, Ohio.

FIRST FEDERAL SAVINGS AND 

LOAN ASSOCIATION

Newspaper:

Federal Register:

* 3A5

* 18C

* Branch

02/17/2012

02/21/2012

Sandy Spring Bancorp., Inc., Olney, Maryland, 

to acquire 100% of the voting securities of 

CommerceFirst Bancorp, Inc., Annapolis, 

Maryland, and thereby indirectly acquire 

CommerceFirst Bank, Annapolis, Maryland

SANDY SPRING BANCORP, INC.

Newspaper:

Federal Register:

* 3A5 03/22/2012

03/23/2012

SCBT Financial Corporation, Columbia, South 

Carolina, to acquire 100% of the voting 

securities of Peoples Bancorporation, Inc., 

Easley, South Carolina, and thereby indirectly 

acquire The Peoples National Bank, Easley, 

South Carolina, Bank of Anderson, NA, 

Anderson, South Carolina, and Seneca National 

Bank, Seneca, South Carolina.

SCBT FINANCIAL 

CORPORATION

* 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 Second Quarter of 2012 (April 1, 2012 - June 30, 2012)

Institution Location

BALTIMORE CTY SVG BK FSB BALTIMORE, MARYLAND

BANK OF ROMNEY ROMNEY, WEST VIRGINIA

BANK OF THE JAMES LYNCHBURG, VIRGINIA

BANKANNAPOLIS ANNAPOLIS, MARYLAND

COMMUNITY BK OF TRI-CTY WALDORF, MARYLAND

FIRST BK STRASBURG, VIRGINIA

FIRST CMNTY BK NA BLUEFIELD, VIRGINIA

HIGHLANDS UNION BK ABINGDON, VIRGINIA

SANDY SPRING BK OLNEY, MARYLAND

STELLARONE BK CHRISTIANSBURG, VIRGINIA

XENITH BK RICHMOND, VIRGINIA

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

Federal Reserve Bank of Atlanta

Filings received during the week ending February 25, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

IBERIABANK, Lafayette, Louisiana, to 03/01/2012

establish the following branches: 2592 South 

Acadian Thruway, Baton Rouge, Louisiana, to 

be known as the Acadian Village Branch; and 

3412 St. Charles Avenue, New Orleans, 

Louisiana, to be known as the St. Charles 

Branch.

IBERIABANK

Newspaper:

Federal Register:

CIC 02/10/2012

02/29/2012

Prior change in control notice filed by Moishe 

Gubin, Hillside, Illinois, and Mark Orenstein, 

Chicago, Illinois, to collectively acquire 

approximately 23.14 percent of the outstanding 

shares of voting securities of OptimumBank 

Holdings, Inc., Ft. Lauderdale, Florida, and its 

subsidiary, OptimumBank, Plantation, Florida. 

Total pro forma ownership will equal 30.17 

percent.

OPTIMUMBANK HOLDINGS, 

INC.

Newspaper:

Federal Register:

* 3A1 Not available

03/23/2012

United Group of Central Florida II, LLC, 

Longwood, Florida, to become a bank holding 

company by acquiring 100 percent of the 

outstanding shares of Citizens Bancorp of 

Oviedo, Inc. and its subsidiary, Citizens Bank of 

Florida, both of Oviedo, Florida.

UNITED GROUP OF CENTRAL 

FLORIDA II, LLC

* 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 Second Quarter of 2012 (April 1, 2012 - June 30, 2012)

Institution Location

ANCHOR CMRL BK JUNO BEACH, FLORIDA

BRAND BKG CO LAWRENCEVILLE, GEORGIA

CAPITALMARK B&T CHATTANOOGA, TENNESSEE

COCONUT GROVE BK MIAMI, FLORIDA

COMMERCIAL BK HARROGATE, TENNESSEE

NASHVILLE B&TC NASHVILLE, TENNESSEE

SMARTBANK PIGEON FORGE, TENNESSEE

TRISUMMIT BK KINGSPORT, TENNESSEE

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

Federal Reserve Bank of Chicago

Filings received during the week ending February 25, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 18C

* Branch Not applicable

The Farmers & Mechanics Bank, Galesburg, 02/22/2012

Illinois, to purchase certain assets and assume 

certain liabilities of Associated Bank, N.A., 

Green Bay, Wisconsin, branches located at 50 

East Main Street and 1865 Henderson Street, 

both of Galesburg, Illinois. The Farmers & 

Mechanics Bank will establish an office at 1865 

Henderson Street, Galesburg, Illinois, upon 

consummation of the proposal.

FARMERS AND MECHANICS 

BANK, THE

Newspaper:

Federal Register:

* Branch Not available

Not applicable

The Northern Trust Company, Chicago, Illinois, 

to establish a branch facility to be located at 

Telegraph Road Metra Train Station, 911 South 

Telegraph Road, Lake Forest, Illinois.

NORTHERN TRUST COMPANY, 

THE

Newspaper:

Federal Register:

CIC Not available

01/31/2012

Notice by Edward A. Cox, Jr., individually, and 

together with John M. Cox as a group acting in 

concert, both of Naples, Florida, to acquire over 

25 percent of the outstanding shares of 

Rush-Oak Corporation, Chicago, Illinois, and 

thereby indirectly acquire control of Oak Bank, 

Chicago, Illinois.

RUSH-OAK CORPORATION

Newspaper:

Federal Register:

CIC Not available

02/14/2012

Notice by the Patricia I. Walsh Trust, Patricia I. 

Walsh individually and as trustee of the Patricia 

I. Walsh Trust, River Forest, Illinois, Mark J. 

Walsh, River Forest, Illinois, Richard A. Walsh, 

La Grange, Illinois, Katherine Walsh Hennessy, 

Chicago, Illinois, Anne E. Walsh, Forest Park, 

Illinois, Brian J. Walsh, Forest Park, Illinois, and 

Patrick M. Walsh, Chicago, Illinois, together as 

a group acting in concert, to acquire over 25 

percent of the outstanding shares of Rush-Oak 

Corporation, Chicago, Illinois, and thereby 

indirectly acquire control of Oak Bank, Chicago, 

Illinois.

RUSH-OAK CORPORATION

Newspaper:

Federal Register:

* 18C

* Branch Not applicable

Notice by Town and Country Bank, Springfield, 03/03/2012

Illinois, to purchase certain assets and assume 

certain deposit and other liabilities of the branch 

of Associated Bank, National Association, 

Green Bay, Wisconsin, located at 706 Maine 

Street, Quincy, Illinois. Town and Country 

Bank will establish an office at 706 Maine Street, 

Quincy, Illinois, upon consummation of the 

proposal.

TOWN AND COUNTRY 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 Second Quarter of 2012 (April 1, 2012 - June 30, 2012)

Institution Location

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

Federal Reserve Bank of St. Louis

Filings received during the week ending February 25, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 18C

* Branch Not applicable

Arvest Bank, Fayetteville, Arkansas, to 03/19/2012

purchase certain assets and assume certain 

liabilities of Union Bank, Kansas City, Missouri, 

and to retain the acquired facilities as a branch 

offices.

ARVEST BANK

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

Federal Reserve Bank of St. Louis

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Second Quarter of 2012 (April 1, 2012 - June 30, 2012)

Institution Location

BANK OF FAYETTEVILLE FAYETTEVILLE, ARKANSAS

FARMERS BK PARSONS, TENNESSEE

FARMERS BK & CAPITAL TC FRANKFORT, KENTUCKY

FIRST CITIZENS BK ELIZABETHTOWN, KENTUCKY

MACON-ATLANTA ST BK MACON, MISSOURI

MIDWEST BANKCENTRE LEMAY, MISSOURI

PEOPLES BK SHERIDAN, ARKANSAS

REELFOOT BK UNION CITY, TENNESSEE

TRIUMPH BK MEMPHIS, TENNESSEE

* Subject to the provisions of the Community Reinvestment Act
District: 9

Federal Reserve Bank of Minneapolis

Filings received during the week ending February 25, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

03/09/2012

Western State Agency, Inc. Employee Stock 

Ownership Plan and Trust, Devils Lake, North 

Dakota, to acquire additional shares and 

thereby increase its ownership of Western State 

Agency, Inc., Devils Lake, North Dakota, from 

28.81% up to 43.25%. Western State Agency, 

Inc. owns Western State Bank, Devils Lake, 

North Dakota.

WESTERN STATE AGENCY, 

INC., EMPLOYEE STOCK 

OWNERSHIP PLAN AND TRUST

* 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 Second Quarter of 2012 (April 1, 2012 - June 30, 2012)

Institution Location

BANK OF GLEN ULLIN GLEN ULLIN, NORTH DAKOTA

CITIZENS ST BK OF ONTONAGON ONTONAGON, MICHIGAN

FARMERS ST BK VICTOR, MONTANA

FIRST MT BK LIBBY, MONTANA

PEOPLES BK WI HAYWARD, WISCONSIN

STATE BK OF ALCESTER ALCESTER, SOUTH DAKOTA

YELLOWSTONE BK LAUREL, MONTANA

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

Federal Reserve Bank of Kansas City

Filings received during the week ending February 25, 2012

Filer Filing Type Filing Proposal End of Comment Period

NONE

* 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 Second Quarter of 2012 (April 1, 2012 - June 30, 2012)

Institution Location

AUBURN ST BK AUBURN, NEBRASKA

COTTONWOOD VALLEY BK CEDAR POINT, KANSAS

COUNTRY CLUB BK KANSAS CITY, MISSOURI

GUARANTY B&TC DENVER, COLORADO

PATRIOT BK BROKEN ARROW, OKLAHOMA

RCB BK CLAREMORE, OKLAHOMA

SECURITY BK TULSA, OKLAHOMA

SECURITY ST BK BASIN, WYOMING

STOCK EXCH BK CALDWELL, KANSAS

UNION ST BK CLAY CENTER, KANSAS

UNION ST BK ARKANSAS CITY, KANSAS

VERUS BK NA DERBY, KANSAS

WAHOO ST BK WAHOO, NEBRASKA

WEST PLAINS BK AINSWORTH, NEBRASKA

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

Federal Reserve Bank of Dallas

Filings received during the week ending February 25, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch Not available

Not applicable

PlainsCapital Bank, Dallas, Texas, to establish a 

branch at 6100 Colleyville Boulevard, Suite 170, 

Colleyville, Texas 76034.

PLAINSCAPITAL BANK

Newspaper:

Federal Register:

* 3A1 03/17/2012

03/19/2012

UTB Financial Holding Company, Dallas, Texas, 

to become a bank holding company by 

acquiring 100 percent of United Texas Bank, 

Dallas, Texas.

UTB FINANCIAL HOLDING 

COMPANY

Newspaper:

Federal Register:

CIC Not available

Not available

Notice by Mr. Jimmy Enriquez, of The 

Woodlands, Texas individually and as trustee 

for JE Trust No. 2, The Woodlands, Texas to 

acquire 100 percent of the shares and thereby 

control of Uvalde Bancshares, Inc., Dover, 

Delaware, and indirectly Uvalde National Bank, 

Uvalde, Texas.

UVALDE 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 Second Quarter of 2012 (April 1, 2012 - June 30, 2012)

Institution Location

COMMUNITY ST BK AUSTIN, TEXAS

FIRST NB QUANAH, TEXAS

TRADITION BK HOUSTON, TEXAS

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

Federal Reserve Bank of San Francisco

Filings received during the week ending February 25, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

* 4c8 02/21/2012

First PacTrust Bancorp, Inc., Chula Vista, 

California, to become a bank holding company 

by acquiring 100 percent of Beach Business 

Bank, Manhattan Beach, California, pursuant to 

section 3(a)(1) of the BHC Act, and 2)to retain 

100 percent control of Pacific Trust Bank, 

fsb,Chula Vista, California, and thereby engage 

in operating a nonbank thrift subsidiary, 

pursuant to section 225.28(b)(4) of Regulation 

Y.

FIRST PACTRUST BANCORP, 

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 Second Quarter of 2012 (April 1, 2012 - June 30, 2012)

Institution Location

PACIFIC MERC BK COSTA MESA, CALIFORNIA

SILICON VALLEY BK SANTA CLARA, CALIFORNIA

UTAH INDEP BK SALINA, UTAH

WESTAMERICA BK SAN RAFAEL, CALIFORNIA

* Subject to the provisions of the Community Reinvestment Act