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 July 15, 2006

Filer Filing Type Filing Proposal End of Comment Period
CROSS COUNTY BANCSHARES, INC. * 3A3 Cross County Bancshares, Inc., Wynne, Arkansas, to acquire 6.6 percent of Pinnacle Bancshares, Inc., Bentonville, Arkansas, and thereby indirectly acquire Pinnacle Bank, Bentonville, Arkansas.
Newspaper: 08/05/2006
Federal Register: 07/28/2006
FIRST BANKS, INC. * 18C
* Branch
* 3A3
First Banks, Inc., Hazelwood, Missouri, and its subsidiary bank holding company, The San Francisco Company, San Francisco, California, to acquire 100 percent of TeamCo, Inc., Oak Lawn, Illinois, and thereby indirectly acquire Oak Lawn Bank, Oak Lawn, Illinois. Also, First Bank, St. Louis, Missouri, to merge with Oak Lawn Bank, Oak Lawn, Illinois, and to retain the acquired facilities as branch offices.
Newspaper: 08/06/2006
Federal Register: 08/11/2006
LONOKE BANCSHARES, INC. * 3A3 Lonoke Bancshares, Inc., Lonoke, Arkansas, to acquire 6.6 percent of Pinnacle Bancshares, Inc., Bentonville, Arkansas, and thereby indirectly acquire Pinnacle Bank, Bentonville, Arkansas.
Newspaper: 08/03/2006
Federal Register: 07/28/2006
REPUBLIC BANCORP, INC. * 4c8 Republic Bancorp, Inc., Louisville, Kentucky, to acquire 100 percent of GulfStream Community Bank, Port Richey, Florida, and thereby operate a savings association.
Newspaper: 08/03/2006
Federal Register: 08/07/2006


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
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