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: 8
Federal Reserve Bank of: St. Louis

Filings received during the week ending February 24, 2007

Filer Filing Type Filing Proposal End of Comment Period
BANK OF HILLSBORO Premises Bank of Hillsboro, Hillsboro, Missouri, to increase its investment in bank premises for a total investment of $1.0 million, representing 417 percent of capital stock and surplus.
Newspaper: Not applicable
Federal Register: Not applicable
Cedar Bancorp, Inc. * 3A1 Cedar Bancorp, Inc., Mt. Vernon, Illinois, to become a bank holding company by acquiring 100 percent of Jeff City Bancorp, Inc., Mt. Vernon, Illinois, and thereby indirectly acquire First National Bank of Mount Vernon, Mt. Vernon, Illinois.
Newspaper: Not available
Federal Register: 03/26/2007
CENTRAL BANCOMPANY * 3A3 Central Bancompany, Inc., Jefferson City, Missouri, to acquire 100 percent of Gardner Bancorp, Inc., Gardner, Kansas, and thereby indirectly acquire First Kansas Bank and Trust Company, Gardner, Kansas.
Newspaper: 03/26/2007
Federal Register: 03/23/2007
FIRST BANK * Branch First Bank, St. Louis, Missouri, to establish a branch facility to be located at 17000 Ventura Boulevard, Suite 103, Encino, California.
Newspaper: 03/02/2007
Federal Register: Not applicable
FIRST BANK * Branch First Bank, St. Louis, Missouri, to establish a branch facility to be located at 804 West Highway 50, O'Fallon, Illinois.
Newspaper: 03/09/2007
Federal Register: Not applicable
FREEDOM BANCORP * 3A1 Freedom Bancorp, Huntingburg, Indiana, to become a bank holding company by acquiring 100 percent of Freedom Bank, Huntingburg, Indiana.
Newspaper: 03/29/2007
Federal Register: 03/26/2007


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 Second Quarter of 2007 (April 1, 2007 - June 30, 2007)

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