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 July 28, 2007

Filer Filing Type Filing Proposal End of Comment Period
FBC BANCORP, INC. * 3A3 FBC Bancorp, Inc., Orlando, Florida to acquire 100 percent of the outstanding shares of Prime Bank, Melbourne, Florida.
Newspaper: Not available
Federal Register: Not available
GULF COAST BANCSHARES, INC. CIC Gulf Coast Bancshares, Inc., Abbeville, Louisiana, after-the-fact change in control notification by the CAP Voting Trust, Lafayette, Louisiana (the Trust); Patrick Oswell Patout, Abbeville, Louisiana, Paul D. Patout, Youngsville, Louisiana, and Raymond Paul Patout, Lafayette, Louisiana, as trustees of the Trust; Rae Meng Patout, Raymond Paul Patout, Barbara Rae Patout Landry, and Mary E. Patout Lacour, all of Lafayette, Louisiana; David Joseph Patout and Charles Arthur Patout, Jr., both of Baton Rouge, Louisiana; Patrick Oswell Patout, Abbeville, Louisiana; and Paul D. Patout, Youngsville, Louisiana; to collectively retain 24.85 percent of the outstanding shares of Gulf Coast Bancshares, Inc., and its subsidiary, Gulf Coast Bank, both of Abbeville, Louisiana.
Newspaper: Not available
Federal Register: Not available
Madison Community Bancshares Corporation 3A1 Madison Community Bancshares Corporation, notice to become a bank holding company by acquiring 100 percent of the outstanding shares of Madison County Community Bank, both of Madison, Florida.
Newspaper: Not applicable
Federal Register: Not applicable
OLD SOUTHERN BANK * Branch Old Southern Bank, Orlando, Florida, to establish a branch located at 1200 Hillcrest Street, Suite 102, Orlando, Florida, to be known as the Colonial Town Office.
Newspaper: 08/03/2007
Federal Register: Not applicable
RED RIVER BANCSHARES, INC. CIC Red River Bancshares, Inc., Alexandria, Louisiana, after-the-fact change in control notice filed by the John Charles Simpson, Jr., Trust; the Angela Katherine Simpson Trust (the Trusts); Simeon A. Thibeaux, Jr., as trustee of the Trusts, all of Alexandria, Louisiana; and John C. Simpson, New Orleans, Louisiana, to retain control of 18.48 percent of the outstanding shares of Red River Bancshares, Inc., and its subsidiary bank, Red River Bank, both of Alexandria, Louisiana, and prior notification by the Trusts, Simeon Thibeaux, Jr., and John Simpson (the Group) to collectively acquire an additional 13.89 percent of the outstanding shares of Red River Bancshares, Inc., and Red River Bank. The Group's pro forma collective ownership is 32.37 percent.
Newspaper: 08/01/2007
Federal Register: 08/14/2007


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