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 March 24, 2007

Filer Filing Type Filing Proposal End of Comment Period
ANCHOR COMMERCIAL BANK * Branch Anchor Commercial Bank, Juno Beach, Florida, to establish a branch located at 11025 RCA Center Drive, Palm Beach Gardens, Florida.
Newspaper: 03/28/2007
Federal Register: Not applicable
CNLBANCSHARES, INC. * 3A3 CNLBancshares, Inc., Orlando, Florida, to acquire 100 percent of the outstanding shares of CNLBank, Southwest Florida, Bonita Springs, Florida (in organization).
Newspaper: 04/16/2007
Federal Register: Not available
CUMBERLAND BANK * Branch Cumberland Bank, Franklin, Tennessee, to establish branches at the following locations: 1470 South Church Street, Murfreesboro, Tennessee, and 9200 Carothers Parkway, Franklin, Tennessee.
Newspaper: 03/31/2007
Federal Register: Not applicable
FIRST GUARANTY BANCSHARES, INC. * 3A1 First Guaranty Bancshares, Inc., Hammond, Louisiana, to become a bank holding company by acquiring 100 percent of the outstanding shares of First Guaranty Bank, Hammond, Louisiana.
Newspaper: Not available
Federal Register: Not available
FIRST GUARANTY BANCSHARES, INC. * 4c8 First Guaranty Bancshares, Inc., Hammond, Louisiana, to acquire 100 percent of the outstanding shares of Homestead Bancorp, Inc., and its subsidiary, Homestead Bank, both of Ponchatoula, Louisiana, and thereby engage in operating a savings association.
Newspaper: Not available
Federal Register: Not available
FIRST IC FINANCIAL CORP. * 3A1 First IC Financial Corp., Doraville, Georgia, to become a bank holding company by acquiring 100 percent of the outstanding shares of First Intercontinental Bank, Doraville, Georgia.
Newspaper: Not available
Federal Register: Not available
GATEWAY FINANCIAL HOLDINGS OF FLORIDA, INC. * 3A3 Gateway Financial Holdings of Florida, Inc., Ormond Beach, Florida, to acquire 100 percent of the outstanding shares of Gateway Bank of Central Florida, Ocala, Florida (in organization).
Newspaper: 04/18/2007
Federal Register: Not available
INDEPENDENT BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN * 3A1 Independent Bancshares, Inc. Employee Stock Ownership Plan, Red Bay, Alabama, to become a bank holding company by retaining 25.76 percent of the outstanding shares of Independent Bancshares, Inc., and its subsidiaries, Community Spirit Bank, both of Red Bay, Alabama, Spirit Bancshares, Inc., and Spirit Bank, both of Belmont, Mississippi.
Newspaper: Not available
Federal Register: Not available
REGIONS BANK * Branch Regions Bank, Birmingham, Alabama, to establish branches at the following locations: 3908 Veterans Boulevard, Metairie, Louisiana, to be known as the Cleary Branch; 100 Morgan Keegan Drive, 2nd floor, Little Rock, Arkansas, to be known as the Little Rock Morgan Keegan Private Banking Office; and Aegon Center, 20th floor, 400 West Market Street, Suite 2050, Louisville, Kentucky, to be known as the Aegon Center Private Banking Office.
Newspaper: 03/30/2007
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