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: 5
Federal Reserve Bank of: Richmond

Filings received during the week ending January 7, 2012

Filer Filing Type Filing Proposal End of Comment Period
BB&T CORPORATION * 4c8 BB&T Corporation, Winston-Salem, North Carolina, to acquire 100% of the voting securities of BankAtlantic, Fort Lauderdale, Florida, a federal savings association.
Newspaper: Not available
Federal Register: 02/03/2012
CB FINANCIAL CORPORATION CIC Gregory Allen Turnage, Wilson, North Carolina, to individually acquire up to 31.26% of CB Financial Corporation, Wilson, North Carolina. Additionally, Gregory Allen Turnage, Leonard Turnage Marital Trust B and the Leonard Turnage Funded Irrevocable Trust (trustees, Teresa Turnage Finch and Gregory Allen Turnage), Teresa Turnage Finch, David Allen Turnage and Rebecca Nicole Turnage, all of Wilson, North Carolina, and Jamie Danielle Turnage of Wilmington, North Carolina, as a group acting in concert, to collectively acquire up to 38.22% of the voting shares of CB Financial Corporation.
Newspaper: 01/11/2012
Federal Register: 01/12/2012
FIRST FINANCIAL HOLDINGS INC. 4c8
* 3A1
First Financial Holdings, Inc., Charleston, South Carolina, to become a bank holding company upon the conversion of First Federal Savings and Loan Association, Charleston, South Carolina, to a state chartered commercial bank.
Newspaper: 01/20/2012
Federal Register: 01/27/2012
HOMETRUST BANCSHARES, INC. * SLHC Formation HomeTrust Bancshares, Inc., Clyde, North Carolina, to become a savings and loan holding company upon the conversion of HomeTrust Bank, Clyde, North Carolina, from a mutual to stock form of ownership.
Newspaper: Not available
Federal Register: Not available


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
BANK OF LANCASTER, KILMARNOCK, VIRGINIA 34425 08/15/2011 11/14/2011 S Int Sm Bank
CECIL BK, ELKTON, MARYLAND 813572 08/22/2011 11/24/2011 S Int Sm Bank
EAGLEBANK, BETHESDA, MARYLAND 2652092 07/25/2011 11/09/2011 S Large Bank


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

* Subject to the provisions of the Community Reinvestment Act

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