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: 12
Federal Reserve Bank of: San Francisco

Filings received during the week ending November 22, 2014

Filer Filing Type Filing Proposal End of Comment Period
FARMERS AND MERCHANTS BANK OF LONG BEACH * Branch 1)Farmers and Merchants Bank of Long Beach, California, Long Beach, California, to establish a branch office at 1304 South Pacific Coast Highway, Redondo, Beach, California and 2)to request for an extension relating to the opening of the Farmers and Merchants branch office located at 1333 South Pacific Coast Highway, Redondo Beach, California, which was approved by FRBSF on April 9, 2014.
Newspaper: Not available
Federal Register: Not applicable
FIRST FINANCIAL NORTHWEST, INC. * 3A1 First Financial Northwest, Inc. to become a bank holding company by acquiring 100 percent of First Savings Bank Northwest, both of Renton, Washington.
Newspaper: Not available
Federal Register: 12/13/2014
NHB HOLDINGS, INC. CIC Brink Investments, Christina Ann Fink, Orlando, Florida, Robert Thomas Fink, Fayetteville, Arkansas, and Timothy Russell Brose, St. Petersburg, Florida, for approval to retain over 10 percent of the voting shares of NHB Holdings, Inc., which owns Proficio Bank, both of Cottonwood Heights, Utah.
Newspaper: 07/15/2014
Federal Register: Not available
PACIFIC PREMIER BANCORP, INC. * 3A3 Pacific Premier Bancorp, Inc., Irvine, California, to acquire Independence Bank, Newport Beach, California, and thereby acquire 6 branch offices.
Newspaper: Not available
Federal Register: 12/01/2014
TAB BANK HOLDINGS, INC. * 3A1 TAB Bank Holdings, Inc., Salt Lake City, Utah, to become a bank holding company by acquiring 100 percent of Transportation Alliance Bank, Inc., DBA TAB Bank, Ogden, Utah, upon its conversion from an industrial bank to a commercial bank.
Newspaper: Not available
Federal Register: 10/09/2014


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 First Quarter of 2015 (January 1, 2015 - March 31, 2015)

Institution Location
HANMI BK LOS ANGELES, CALIFORNIA
PACIFIC MERC BK COSTA MESA, CALIFORNIA

* 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