Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

District: 6
Federal Reserve Bank of: Atlanta

Filings received during the week ending June 6, 2015

Filer

Filing Type

Filing Proposal

End of Comment Period

CITIZENS SOUTHERN BANCSHARES, INC.

CIC

Prior change in control notice filed by Anthony J. Burnett, William E. Collins, Sr., William E. Collins, Jr., Martha Sue Collins, Tom J. Eskridge, Jr., and Connie E. Eskridge, all of Vernon, Alabama, and J. Steven Roy and Traci L. Roy, both of Dothan, Alabama, to acquire 56.83 percent of the outstanding stock of Citizens Southern Bancshares, Inc., and its subsidiary bank, Citizens State Bank, both of Vernon, Alabama

Newspaper:	06/09/2015
Federal Register:	06/05/2015

CORNERSTONE BANCSHARES, INC.

* 3A5

Cornerstone Bancshares, Inc., Chattanooga, Tennessee, to merge with SmartFinancial, Inc., Pigeon Forge, Tennessee, and thereby acquire its subsidiary, SmartBank, Pigeon Forge, Tennessee.

Newspaper:	06/22/2015
Federal Register:	06/30/2015

Foothills Bancorp, Inc.

3A1

Foothills Bancorp, Inc., notice to become a bank holding company by acquiring 100 percent of the outstanding shares of Foothills Bank & Trust, both of Maryville, Tennessee.

Newspaper:	Not applicable
Federal Register:	Not applicable

SBT BANCSHARES, INC.

CIC

After-the-fact change in control notice filed by The Mary Helen Cheramie and Albert A. Cheramie Irrevocable Grantor Trust F/B/O Marc Anthony Cheramie, Marc Anthony Cheramie Trustee, Golden Meadow, Louisiana; The Mary Helen Cheramie and Albert A. Cheramie Irrevocable Grantor Trust F/B/O Deborah Cheramie Serigny, Deborah Cheramie Serigny Trustee, Cut Off, Louisiana; The Mary Helen Cheramie and Albert A. Cheramie Irrevocable Grantor Trust F/B/O Adam Cheramie, Adam Cheramie Trustee, Golden Meadow, Louisiana; and The Mary Helen Cheramie and Albert A. Cheramie Irrevocable Grantor Trust F/B/O Whitney Cheramie, Adam Cheramie Trustee, Golden Meadow, Louisiana, to retain 20 percent or more of the outstanding shares of SBT Bancshares, Inc., and its subsidiary, State Bank and Trust Company, both of Golden Meadow, Louisiana.

Newspaper:	Not available
Federal Register:	06/19/2015

TOUCHMARK BANCSHARES, INC.

CIC

Prior change in control notice filed by 4580 Trust (Shveta S. Raju and Asha J. Shah, co-trustees); 3490 Trust (Deep J. Shah and Asha J. Shah, co-trustees); 2764 Trust (Deep J. Shah and Shveta S. Raju, co-trustees); and Deep J. Shah, all of Duluth, Georgia; for permission to join the previously approved Shah Family control group, which collectively owns 10 percent or more of Touchmark Bancshares, Inc, and its subsidiary, Touchmark National Bank, both of Alpharetta, Georgia.

Newspaper:	06/08/2015
Federal Register:	05/26/2015

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

District: 6 Federal Reserve Bank of: Atlanta

Filings received during the week ending June 6, 2015

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 6
Federal Reserve Bank of: Atlanta