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: 7
Federal Reserve Bank of: Chicago

Filings received during the week ending March 4, 2006

Filer Filing Type Filing Proposal End of Comment Period
CAPITOL BANCORP LTD. * 3A1
* 3A3
Capitol Bancorp, Ltd., Lansing, Michigan, to acquire 51 percent of the voting shares of Asian Bank of Arizona (in organization), Phoenix, Arizona; Capitol Bancorp Development Limited IV, Lansing, Michigan, to become a bank holding company by acquiring 51 percent of the voting shares of Asian Bank of Arizona (in organization), Phoenix, Arizona, and Asian American Financial Services, Inc., Lansing, Michigan, to become a bank holding company by acquiring 51 percent of the voting shares of Asian Bank of Arizona (in organization), Phoenix, Arizona.
Newspaper: Not available
Federal Register: 04/03/2006
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish two branch facilities to be located at 7306 E. Shea Blvd., Scottsdale, Arizona, and 6540 Irvine Center Drive, Irvine, California.
Newspaper: 03/02/2006
Federal Register: Not applicable
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish a branch facility to be located at 801 N. San Fernando Blvd., Burbank, California.
Newspaper: Not available
Federal Register: Not applicable
COMMUNITY STATE BANK EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST * 3A3 Community State Bank Employee Stock Ownership Plan and Trust, Union Grove, Wisconsin, to increase its ownership to 33.95 percent of the voting shares of Union Bancorporation, Inc., Union Grove, Wisconsin, and thereby indirectly acquire Community State Bank, Union Grove, Wisconsin.
Newspaper: 03/20/2006
Federal Register: 03/23/2006
FIRST MID-ILLINOIS BANCSHARES, INC. * 3A3 First Mid-Illinois Bancshares, Inc., Mattoon, Illinois, to acquire 100 percent of the voting shares of Mansfield Bancorp, Inc., Mansfield, Illinois, and thereby indirectly acquire Peoples State Bank of Mansfield, Mansfield, Illinois.
Newspaper: Not available
Federal Register: 03/24/2006
MAINSOURCE FINANCIAL GROUP, INC. * 4c8 Mainsource Financial Group, Inc., Greensburg, Indiana, to acquire 100 percent of the voting shares of HFS Bank, F.S.B., Hobart, Indiana, and thereby operate a savings association.
Newspaper: Not available
Federal Register: 03/06/2006
MAINSOURCE FINANCIAL GROUP, INC. * 3A5
* 4c8
MainSource Financial Group, Inc., Greensburg, Indiana, to merge with Peoples Ohio Financial Corporation, Troy, Ohio, and thereby indirectly acquire Peoples Savings Bank of Troy, Troy, Ohio, and thereby operate a savings association.
Newspaper: Not available
Federal Register: 03/09/2006
MIDWEST BANC HOLDINGS, INC. * 3A5
* 18C
* Branch
Midwest Banc Holdings, Inc., Melrose Park, Illinois, to acquire 100 percent of the voting shares of Royal American Corporation, Inverness, Illinois, and thereby indirectly acquire Royal American Bank, Inverness, Illinois, and by Midwest Bank and Trust Company, Elmwood Park, Illinois, to merge with Royal American Bank, Inverness, Illinois, and thereby to establish 7 branches.
Newspaper: Not available
Federal Register: Not available
MINIER FINANCIAL, INC. EMPLOYEE STOCK OWNERSHIP PLAN W/401(K) PROVISIONS * 3A1 Minier Financial, Inc. Employee Stock Ownership Plan w/401(k) Provisions, Minier, Illinois, to become a bank holding company by acquiring between 25 and 51 percent of the voting shares of Minier Financial, Inc., Minier, Illinois, and thereby indirectly acquire First Farmers State Bank, Minier, Illinois.
Newspaper: 03/17/2006
Federal Register: 03/24/2006
PRIMEBANK, INC. CIC Notice by the Matthew J. and Gayle M. Ahlers and the Matthew J. Ahlers Family (Matthew, Gayle, Michael, Carolyn, Emily, Jeffrey, and Matthew Jr.) Le Mars, Iowa, to increase Matthew and Gayle's joint ownership and control to 25.696% (when including shares held in the names of their minor children) of Primebank, Inc., Le Mars, Iowa and thereby indirectly Primebank, Le Mars, Iowa.
Newspaper: Not available
Federal Register: 03/14/2006


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
FARMERS ST BK WESTERN IL, ALPHA, ILLINOIS 653433 11/15/2005 02/27/2006 S Small Bank


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