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 November 11, 2006

Filer Filing Type Filing Proposal End of Comment Period
BANK IOWA * Branch Bank Iowa, Altoona, Iowa, to establish a branch facility to be located at 5525 Merle Hay Road, Suite 195, Johnston, Iowa.
Newspaper: 11/10/2006
Federal Register: Not applicable
BANK OF MONTREAL * 3A3 Bank of Montreal, Montreal, Canada, Harris Financial Corp., Chicago, Illinois, and Harris Bankcorp, Inc., Chicago, Illinois, to acquire 100 percent of the voting shares of First National Bank & Trust, Kokomo, Indiana.
Newspaper: 11/22/2006
Federal Register: 11/27/2006
CAPITOL BANCORP LTD. * 3A1
* 3A3
Capitol Bancorp Ltd., Lansing, Michigan, to indirectly acquire 51 percent of the voting shares of Bank of Tacoma (in organization), Tacoma, Washington, and Capitol Development Bancorp Limited VI, Lansing, Michigan, to become a bank holding company by directly acquiring 51 percent of the voting shares of Bank of Tacoma (in organization), Tacoma, Washington.
Newspaper: Not available
Federal Register: 11/27/2006
CAPITOL BANCORP LTD. * 3A1
* 3A3
Capitol Bancorp, Ltd., Lansing, Michigan and Capitol Development Bancorp Limited VI, Lansing, Michigan, to indirectly acquire 51 percent of the voting shares of Larimer Commerce Bank (in organization), Fort Collins, Colorado, and Capitol Bancorp Colorado Ltd. II, Lansing, Michigan, to become a bank holding company by directly acquiring 51 percent of the voting shares of Larimer Commerce Bank (in organization), Fort Collins, Colorado.
Newspaper: Not available
Federal Register: 12/07/2006
LIBERTYVILLE BANK & TRUST COMPANY * Branch Libertyville Bank & Trust Company, Libertyville, Illinois, to establish a branch facility to be located at 229 East State Road, Island Lake, Illinois.
Newspaper: 11/13/2006
Federal Register: Not applicable
ORION BANCORPORATION, INC. * 3A5 Orion Bancorporation, Inc., Orion, Illinois, to acquire 100 percent of the voting shares of First Mid-America Bancorp, Inc., Annawan, Illinois, and thereby indirectly acquire State Bank of Annawan, Annawan, Illinois.
Newspaper: Not available
Federal Register: Not available
PETEFISH, SKILES BANCSHARES, INC. * 3A3 Petefish, Skiles Bancshares, Inc., Virginia, Illinois, to acquire 100 percent of the voting shares of Chandlerville Bancshares, Inc., Chandlerville, Illinois, and thereby indirectly acquire Peoples State Bank of Chandlerville, Chandlerville, Illinois.
Newspaper: Not available
Federal Register: 11/17/2006
PRIVATEBANCORP, INC. * 3A3 PrivateBancorp, Inc., Chicago, Illinois, to acquire 100 percent of the voting shares of The PrivateBank, N.A. (in organization), Milwaukee, Wisconsin.
Newspaper: 11/25/2006
Federal Register: 11/30/2006
QCR HOLDINGS, INC. Member
* 18C
* Branch
* 3A3
QCR Holdings, Inc., Moline, Illinois, to acquire 100 percent of the voting shares of Ridgeland Bancorp, Inc., Tony, Wisconsin, and thereby indirectly acquire Farmers State Bank, Ridgeland, Wisconsin, and the related applications by Farmers State Bank, Ridgeland, Wisconsin, to become a member of the Federal Reserve System, and Farmers State Bank, Ridgeland, Wisconsin, to merge with Rockford Bank and Trust Company, Rockford, Illinois, and thereby to establish a branch at 1133 Quail Court, Suite 100, Pewaukee, Wisconsin.
Newspaper: Not available
Federal Register: 11/27/2006
WISCONSIN BANCSHARES, INC. CIC Notice by David R. Barnes, Racine, Wisconsin, Francesca DeRose, Racine, Wisconsin, Nicolet DeRose, Kenosha, Wisconsin, and Kari Barnes, Tigard, Oregon, to collectively gain control of Wisconsin Bancshares, Inc., Kenosha, Wisconsin, and thereby indirectly acquire Banks of Wisconsin, Kenosha, Wisconsin. The Barnes Family will increase their percentage ownership from 9.5 percent to 11.4 percent as a result of Wisconsin Bancshares, Inc.'s conversion to Subchapter S status.
Newspaper: Not available
Federal Register: 11/21/2006


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