Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

District: 6
Federal Reserve Bank of: Atlanta

Filings received during the week ending November 4, 2006

Filer Filing Type Filing Proposal End of Comment Period
AMSOUTH BANK * Branch AmSouth Bank, Birmingham, Alabama, to estabish a branch located at 1699 N. Woodland Boulevard, DeLand, Florida, to be known as the North DeLand Branch.
Newspaper: 11/10/2006
Federal Register: Not applicable
BANK OF SAINT PETERSBURG * Branch Bank of St. Petersburg, Tampa, Florida, to establish a branch located at 3001 Cove Bend Drive, Tampa, Florida.
Newspaper: 11/10/2006
Federal Register: Not applicable
Business First Bancshares, Inc. * 3A1 Business First Bancshares, Inc., Baton Rouge, Louisiana, to become a bank holding company by acquiring 100 percent of the outstanding shares of Business First Bank, Baton Rouge, Louisiana.
Newspaper: Not available
Federal Register: Not available
CAJA DE AHORROS DE VALENCIA, CASTELLON Y ALICANTE, BANCAJA FBSEA Caja de Ahorros de Valencia, Castellon y Alicante (Bancaja), Valencia, Spain, to covert an international agency to a branch office in Miami, Florida.
Newspaper: Not available
Federal Register: Not applicable
COASTAL BANKSHARES, INC. CIC Coastal Bankshares, Inc., Savannah, Georgia, prior change in control notice filed by the CMJ Interests, LP, Hinesville, Georgia, Carolyn L. Jones as general partner, to acquire 29.6 percent of the outstanding shares of Coastal Bankshares, Inc., and its subsidiary, The Coastal Bank, both of Savannah, Georgia.
Newspaper: 11/30/2006
Federal Register: 11/20/2006
FNBC FINANCIAL CORPORATION * 3A1 FNBC Financial Corporation, Crestview, Florida, to become a bank holding company by acquiring 100 percent of the outstanding shares of First National Bank of Crestview, Crestview, Florida.
Newspaper: Not available
Federal Register: Not available
IBERIABANK CORPORATION * 4c8 IBERIABANK Corporation, Lafayette, Louisiana, to merge with Pocahontas Bancorp, Inc. and its subsidiary, First Community Bank, both of Jonesboro, Arkansas, and thereby engage in operating a savings association.
Newspaper: 11/27/2006
Federal Register: 11/30/2006
RESERVE FINANCIAL ASSOCIATES, LLC * 3A1 Reserve Financial Associates, LLC, Columbus, Ohio, along with Sofia Financial Associates, LLC and Skilken Financial, LLC, all of Columbus, Ohio, to become a multi-tiered bank holding company structure by acquiring 100 percent of the outstanding shares of Business Bank of Florida Corp., and its subsidiary, Florida Business Bank, both of Melbourne, Florida.
Newspaper: Not available
Federal Register: 12/04/2006
SOUTHEAST BANCSHARES, INC. * 3A1 SouthEast Bancshares, Inc., to become a bank holding company by acquiring 100 percent of the outstanding shares of SouthEast Bank & Trust, both of Athens, Tennessee.
Newspaper: 11/24/2006
Federal Register: 11/27/2006
SUNTRUST BANK * Branch SunTrust Bank, Atlanta, Georgia, to establish a branch located at 929 W 36th Street, Baltimore, Maryland, to be known as the Hampden Hall Office.
Newspaper: 11/16/2006
Federal Register: Not applicable


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.
 
Institution / Location
RSSD
ID
 
Exam Date
CRA
Public Date
CRA
Rating
Exam Method
NONE


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco