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 April 4, 2015

Filer Filing Type Filing Proposal End of Comment Period
BANNER CORPORATION * 3A3 Banner Corporation and Banner Merger Sub, LLC, both of Walla Walla, Washington, to acquire 100 percent of the voting shares of Starbuck Bancshares, Inc., Seattle, Washington, and thereby indirectly acquire American West Bank, Spokane, Washington.
Newspaper: Not available
Federal Register: 03/02/2015
EAST WEST BANK * Branch East West Bank, Pasadena, California, to establish a new branch office within its Houston Commercial Banking Office to be located at 9090 Katy Freeway, Suite 109, Houston, Texas.
Newspaper: Not available
Federal Register: Not applicable
Elements Merger Sub, LLC * 3A1 Elements Mergers Sub, LLC, Walla Walla, Washington, to become a bank holding company by acquiring 100 percent of AmericanWest Bank, Spokane, Washington.
Newspaper: Not available
Federal Register: Not available
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
PACWEST BANCORP 4c8
* 3A3
PacWest Bancorp, Los Angeles, California, to acquire via merger Square 1 Financial, Inc., and thereby indirectly acquire its subsidiary bank, Square 1 Bank, both of Durham, North Carolina, and 2) to also acquire a nonbank company, Square 1 Venture Management 1, L.P., Durham, North Carolina, and thereby engage in funds management, investment advisory, and private placement activities, pursuant to sctions 225.28(b)(6)(i), (b)(7)(i) and(b)(7)(III), respectively.
Newspaper: Not available
Federal Register: 05/01/2015
TERRITORIAL BANCORP INC. CIC Notice by Territorial Savings Bank Employee Stock Ownership Trust and trustees David Murakami and Richard Murakami, all of Honolulu, Hawaii, to increase its holdings in excess of 10 percent of the outstanding common shares of Territorial Bancorp, Inc., and thereby indirectly acquire control of Territorial Savings Bank, both of Honolulu, Hawaii.
Newspaper: Not available
Federal Register: 04/14/2015


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

* 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