Federal Reserve Release

H.2

Actions of the Board, Its Staff,

and the Federal Reserve Banks; 

Applications and Reports Received

No. 3 

Week Ending January 21, 2012

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

Volcker Rule -- statement by Governor Tarullo before two subcommittees of the 

House Committee on Financial Services on an interagency proposal to implement the 

so-called Volcker Rule of the Dodd-Frank Act.

- Published, January 18, 2012

Forms

Forms -- final Board review to extend without revision the Recordkeeping and 

Disclosure Requirements in Connection with Regulation E.

- Approved, January 18, 2012

Forms -- initial Board review to extend without revision the Microeconomic Survey 

(FR 3051), Recordkeeping Requirements Associated with the Real Estate Appraisal 

Standards for Federally Related Transactions Pursuant to Regulations H and Y 

(FR H-4), Request for Proposal (RFP), and Request for Price Quotations (RFPQ); 

and to pretest and execute the 2013 Survey of Consumer Finances (FR 3059).

- Proposed, January 19, 2012

Forms -- final Board review to extend without revision the recordkeeping 

requirements associated with Regulation GG.

- Approved, January 19, 2012

Enforcement

Southwest Florida Community Bancorp, Inc., Fort Myers, Florida -- written 

agreement with the Federal Reserve Bank of Atlanta.

- Announced, January 17, 2012

Tennessee Central Bancshares, Inc., Parsons, Tennessee -- written agreement with 

the Federal Reserve Bank of St. Louis.

- Announced, January 19, 2012

H.2 Board Actions January 15, 2012 to January 21, 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

January 15, 2012 to January 21, 2012

MA Monetary Affairs

Bank Branches, Domestic

Central Bank, Storm Lake, Iowa -- to establish a branch at 4201 South Lakeport, 

Sioux City.

Chicago

- Approved, January 18, 2012

Bank Holding Companies

Alton Bancshares, Inc., Alton, Missouri -- to acquire First Community Bank of the 

Ozarks, Branson.

St. Louis

- Approved, January 20, 2012

Arvest Bank Group, Inc., Bentonville, Arkansas -- to acquire shares of LODO 

Software, Inc., Omaha, Nebraska, and thereby engage in data processing activities.

St. Louis

- Approved, January 18, 2012

Carlile Bancshares, Inc., Fort Worth, Texas -- to engage de novo in extending credit 

and servicing loans through Carlile Capital, LLC, Fort Worth.

Dallas

- Approved, January 20, 2012

First Federal of Olathe Bancorp, Inc., Olathe, Kansas -- to become a bank holding 

company and to retain First Federal Savings and Loan Bank, Olathe.

Kansas City

- Approved, January 17, 2012

(A/C) = Addition or Correction Delegated - 1 of 3
Bank Holding Companies

ISB Bancorp Inc., Tonica, Illinois -- to become a bank holding company and to 

acquire Tonica Bancorp, Inc., Tonica, and its subsidiary bank, Illini State Bank, 

Oglesby.

Chicago

- Approved, January 20, 2012

Bank Mergers

Pinnacle Bank, Marshalltown, Iowa -- to purchase certain assets and assume certain 

liabilities of a branch of Home Federal Savings Bank, Rochester, Minnesota, and 

thereby establish a branch at 1301 South County Road, Toledo, Iowa.

Chicago

- Approved, January 19, 2012

Change in Bank Control

First Bank Corp, Fort Smith, Arkansas -- change in bank control of First Bank Corp 

and its subsidiary bank, The First National Bank of Fort Smith, Fort Smith.

Secretary

- Permitted, January 13, 2012

(A/C)

First Federal of Olathe Bancorp, Inc., Olathe, Kansas -- change in bank control of 

First Federal of Olathe and its subsidiary bank, First Federal Savings and Loan Bank, 

Olathe.

Kansas City

- Permitted, January 20, 2012

H.2 Actions under delegated authority January 15, 2012 to January 21, 2012

(A/C) = Addition or Correction Delegated - 2 of 3
Change in Bank Control

Intermountain Community Bancorp, Sandpoint, Idaho -- change in bank control of 

Intermountain and its subsidiary bank, Panhandle State Bank, Sandpoint.

San Francisco

- Permitted, January 19, 2012

WVS Financial Corp., Pittsburgh, Pennsylvania -- change in bank control of WVS 

Financial and its subsidiary savings bank,West View Savings Bank, Pittsburgh.

Cleveland

- Permitted, January 17, 2012

Savings and Loan Holding Companies

Polonia MHC, Huntingdon Valley, Pennsylvania, and Polonia Bancorp -- to merge 

with Polonia Bancorp, Inc., Huntingdon Valley, as part of a conversion from mutual 

holding company to stock ownership format.

Philadelphia

- Withdrawn, January 17, 2012

H.2 Actions under delegated authority January 15, 2012 to January 21, 2012

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

Federal Reserve Bank of Boston

Filings received during the week ending January 21, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Application by Reading Co-operative Bank, 01/14/2012

Reading, Massachusetts, to establish a full 

service branch location at 10 Wall Street, 

Burlington, Massachusetts, pursuant to Section 

208.6 of Regulation H.

READING CO-OPERATIVE BANK

Newspaper:

Federal Register:

* Branch

Not applicable

Application by Reading Co-operative Bank, 01/14/2012

Reading, Massachusetts, to establish a full 

service branch location at 18-20 Central Street, 

Andover, Massachusetts, pursuant to Section 

208.6 of Regulation H.

READING CO-OPERATIVE 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 January 21, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

4c8 Not applicable

Not available

Bank of China Limited, Beijing, China, to engage 

de novo through its newly formed subsidiary 

BOCI Commodities & Futures (USA) LLC, New 

York, New York, in acting as a futures 

commission merchant pursuant to section 

225.28(b)(7)(iv) of Regulation Y.

BANK OF CHINA LIMITED

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

Federal Reserve Bank of New York

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Philadelphia

Filings received during the week ending January 21, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* SLHC 

Acquisition

02/16/2012

02/17/2012

Beneficial Savings Bank MHC, Philadelphia, PA, 

to acquire 100 percent of SE Financial Corp., 

Philadelphia, PA.

BENEFICIAL SAVINGS BANK, 

MHC

Newspaper:

Federal Register:

* 3A1 02/13/2012

02/10/2012

Liberty Bell Bancorp, Inc., Marlton, NJ, to form a 

bank holding company by acquiring Liberty Bell 

Bank, Marlton, NJ.

LIBERTY BELL 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 January 21, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Fifth Third Bank, Cincinnati, OH to establish a 01/27/2012

branch at 1610 Martin Luther King, Jr. 

Boulevard, Raleigh, NC.

FIFTH THIRD BANK

Newspaper:

Federal Register:

* Branch

Not applicable

Fifth Third Bank, Cincinnati, OH to establish a 01/27/2012

branch at 10797 New Falls Ferry Road, Jennings, 

MO.

FIFTH THIRD BANK

Newspaper:

Federal Register:

* Branch

Not applicable

Fifth Third Bank, Cincinnati, OH to establish a 01/27/2012

branch at 5001 Kingsley Drive, Cincinnati, OH.

FIFTH THIRD BANK

Newspaper:

Federal Register:

* Branch

Not applicable

Fifth Third Bank, Cincinnati, OH to establish a 01/27/2012

branch at 5050 Kingsley Drive, Cincinnati, OH.

FIFTH THIRD BANK

Newspaper:

Federal Register:

* Branch

Not applicable

Fifth Third Bank, Cincinnati, OH to establish a 12/21/2011

temporary branch for the ACE Group Classic 

Golf Tournament at 11330 Twin Eagles 

Boulevard, Naples, FL.

FIFTH THIRD BANK

Newspaper:

Federal Register:

* Branch

Not applicable

Fifth Third Bank, Cincinnati, OH to establish a 01/29/2012

branch at 12336 Miramar Parkway, Miramar, FL.

FIFTH THIRD BANK

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

Federal Reserve Bank of Cleveland

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Richmond

Filings received during the week ending January 21, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC 01/31/2012

02/06/2012

Mr. Kenneth Ray Lehman of Arlington, Virginia, 

to acquire 51.3% of the outstanding voting 

securities of First Capital Bancorp, Inc., Glen 

Allen, Virginia.

FIRST CAPITAL BANCORP, INC.

Newspaper:

Federal Register:

* Branch

Not applicable

Peoples Bank of Virginia, Richmond, Virginia, to 01/25/2012

continue to operate a courier service to pick up 

deposits from business customers.

PEOPLES BANK OF VIRGINIA

Newspaper:

Federal Register:

* 3A5

* 18C

* Branch

Not available

Sandy Spring Bancorp., Inc., Olney, Maryland, 02/16/2012

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.

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

Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Atlanta

Filings received during the week ending January 21, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

01/25/2012

Prior change in control notice filed by George 

Michael Schweitzer, Miami, Florida, to acquire 

up to 1.26 percent of the outstanding shares of 

Biscayne Bancshares, Inc. and its subsidiary 

bank, Biscayne Bank, both of Coconut Grove, 

Florida. Total pro forma ownership will equal 

12.85 percent.

BISCAYNE BANCSHARES, 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 January 21, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch Not available

Not applicable

First Bank & Trust, Evanston, Illinois, to 

establish a branch facility to be located at 55 

Shuman Boulevard, Suite 100, Naperville, 

Illinois.

FIRST BANK & TRUST

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

First Farmers Bank & Trust Co., Converse, 

Indiana, to merge with Citizens National Bank of 

Paris, Paris, Illinois, and thereby establish 4 

branches.

FIRST FARMERS BANK & 

TRUST

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

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

01/23/2012

Notice by Thomas Benton Hunter, III, Lake 

Forest, Illinois, as trustee of the Hunter 2012 

Annuity Trust, and the Hunter 2012 Annuity 

Trust, Chicago, Illinois, to acquire shares, and 

thereby join the existing Steans Family Control 

Group of Taylor Capital Group, Inc., Rosemont, 

Illinois.

TAYLOR CAPITAL GROUP, INC.

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

Federal Reserve Bank of Chicago

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of St. Louis

Filings received during the week ending January 21, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

Not available

Cabool State Bank Employee Stock Ownership 

Plan, Cabool, Missouri, to increase its 

ownership from 30.92 percent up to 31.95 

percent of the outstanding voting shares of 

Cabool Bancshares, Inc., Cabool, Missouri, and 

thereby increase its indirect control of Cabool 

State Bank, Cabool, Missouri.

CABOOL STATE BANK 

EMPLOYEE STOCK OWNERSHIP 

PLAN

Newspaper:

Federal Register:

* 3A1 Not available

02/21/2012

River Valley Bancorp, Madison, Indiana, to 

become a bank holding company through the 

merger of its thrift subsidiary, River Valley 

Financial Bank, Madison, Indiana, with Dupont 

State Bank, Dupont, Indiana, with DuPont State 

Bank surviving the merger.

RIVER VALLEY BANCORP

* 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 January 21, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

02/21/2012

MinnDak Bancshares, Inc., Park Rapids, 

Minnesota, to become a bank holding company 

by acquiring 100 percent of Kent Bancshares, 

Inc., Kent, Minnesota, and thereby indirectly 

acquire Kent State Bank, Kent, Minnesota.

MINNDAK BANCSHARES INC.

Newspaper:

Federal Register:

CIC Not available

02/07/2012

Change in control notice by Samuel B. Gault, 

Saint Peter, Minnesota, and Lisa R. Gault, 

Chaska, Minnesota, each to acquire 25% or 

more of the shares of Saint Peter Agency, Inc., 

Saint Peter, Minnesota, and thereby indirectly 

acquire control of The Nicollet County Bank of 

Saint Peter, Saint Peter, Minnesota.

SAINT PETER AGENCY, INC.

Newspaper:

Federal Register:

CIC Not available

Not available

Change in Control Notice by Hensley Family 

Limited Partnership of Kalispell, Montana, for 

Mark L. Hensely, Kalispell, Montana, Daniel J. 

Hensley, Kalispell, Montana, and Joan C. 

Hensley Brennan, Kirkland, Washington, to 

gain control of Valley Bancshares, Inc., 

Kalispell, Montana, and thereby indirectly gain 

control of Valley Bank of Montana.

VALLEY BANCSHARES, INC.

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

Federal Reserve Bank of Minneapolis

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

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 January 21, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

Cottonwood Valley Bank, Cedar Point, Kansas, 

to merge with Pilsen State Bank, Lincolnville, 

Kansas, and incident thereto, to establish a 

branch.

COTTONWOOD VALLEY BANK

Newspaper:

Federal Register:

* 3A1 02/08/2012

02/21/2012

New West Banks of Colorado, Inc. Employee 

Stock Ownership Plan Trust, to become a bank 

holding company through the acquisition of up 

to 30 percent of the voting shares of New West 

Banks of Colorado, Inc., parent of New West 

Bank, all of Greeley, Colorado.

NEW WEST BANKS OF 

COLORADO, INC. EMPLOYEE 

STOCK OWNERSHIP PLAN 

TRUST

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

Federal Reserve Bank of Kansas City

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Dallas

Filings received during the week ending January 21, 2012

Filer Filing Type Filing Proposal End of Comment Period

NONE

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

Federal Reserve Bank of Dallas

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of San Francisco

Filings received during the week ending January 21, 2012

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch Not available

Not applicable

East West Bank, Pasadena, California, to 

establish a branch office at 35233-E Newark 

Blvd., Newark, California.

EAST WEST BANK

Newspaper:

Federal Register:

* Branch Not available

Not applicable

East West Bank, Pasadena, California, to 

establish a branch office at 9775 Baseline Road 

#109, Rancho Cucamong, California.

EAST WEST BANK

Newspaper:

Federal Register:

* 3A1 Not available

* 4c8 Not available

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 to 

retain 100 percent control of Pacific Trust Bank, 

fsb, both of Chula Vista, California, as a 

nonbank thrift subsidiary after First PacTrust 

becomes a bank holding company, pursuant to 

Section 4(c)(8) of the BHC Act and Section 

225.24 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 Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act