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 September 22, 2007

Filer Filing Type Filing Proposal End of Comment Period
ATLANTIC SOUTHERN FINANCIAL GROUP, INC. * 3A3 Atlantic Southern Financial Group, Inc., Macon, Georgia, to acquire 100 percent of the outstanding shares of CenterState Bank Mid Florida, Leesburg, Florida.
Newspaper: 10/10/2007
Federal Register: 10/15/2007
CITY SAVINGS BANCSHARES, INC. * 3A5 City Savings Bancshares, Inc., Deridder, Louisiana, to merge with Louisiana Community Bancshares, Inc., Kaplan, Louisiana, and thereby acquire its subsidiaries, Kaplan State Bank, Kaplan, Louisiana, and Teche Bank & Trust Co., Saint Martinville, Louisiana.
Newspaper: 10/19/2007
Federal Register: 10/19/2007
CNB BANCORP, INC. * 3A1 CNB Bancorp, Inc., to become a bank holding company by acquiring 100 percent of the outstanding shares of Commonwealth National Bank, both of Mobile, Alabama.
Newspaper: Not available
Federal Register: 10/19/2007
ORION BANK * Branch Orion Bank, Naples, Florida, to establish a branch located at 6310 State Road 64 East, Bradenton, Florida, to be known as the Bradenton Office.
Newspaper: 10/02/2007
Federal Register: Not applicable
SECURITY BANK CORPORATION * 3A3 Security Bank Corporation, Macon, Georgia, to acquire 100 percent of the outstanding shares of Security Bank of the Coast, Brunswick, Georgia (in organization).
Newspaper: 10/04/2007
Federal Register: 10/04/2007
SERVISFIRST BANCSHARES, INC. 3A1 ServisFirst Bancshares, Inc., notice to become a bank holding company by acquiring 100 percent of the outstanding shares of ServisFirst Bank, both of Birmingham, Alabama.
Newspaper: Not applicable
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