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 April 30, 2011

Filer Filing Type Filing Proposal End of Comment Period
BANKSHARES, INC., THE * 3A5 The BANKshares, Inc., Winter Park, Florida, to merge with The Commercial Bancorp, Inc., and its subsidiary, East Coast Community Bank, both of Ormond Beach, Florida.
Newspaper: 05/25/2011
Federal Register: 05/27/2011
HOMETOWN COMMUNITY BANCSHARES, INC. CIC Prior change in control notice filed by Ranjeet Singh Sidhu, Kuala Lumpur, Malaysia, to acquire approximately 85.54 percent of the outstanding shares of Hometown Community Bancshares, and its subsidiary, Hometown Community Bank, both of Braselton, Georgia.
Newspaper: 05/28/2011
Federal Register: Not available
SEQUATCHIE VALLEY BANCSHARES, INC. * 3A3 Sequatchie Valley Bancshares, Inc., Dunlap, Tennessee to acquire 100 percent of the outstanding shares of The Citizens Bank of Spencer, Spencer, Tennessee.
Newspaper: 05/30/2011
Federal Register: Not available
TECHE HOLDING COMPANY * 3A1 Teche Holding Company, MRP, L.L.C., Patrick Little, L.L.C., and Ross Little, Jr., L.L.C., all of New Iberia, Louisiana, to become bank holding companies by acquiring 100 percent of the outstanding shares of Teche Federal Bank, New Iberia, Louisiana.
Newspaper: 05/25/2011
Federal Register: 05/27/2011


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
FIRST S BK, BOCA RATON, FLORIDA 279338 09/20/2010 03/04/2011 S Int Sm 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