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

District: 12
Federal Reserve Bank of: San Francisco

Filings received during the week ending May 13, 2017

Filer

Filing Type

Filing Proposal

End of Comment Period

COASTAL COMMUNITY BANK

* Branch

Coastal Community Bank, Everett, Washington, to establish a branch office at 17601 140th Avenue NE, Woodinville, Washington.

Newspaper:	05/27/2017
Federal Register:	Not applicable

COMMERCEWEST BANK

CIC

Notice by Basswood Capital Management, LLC; Basswood Opportunity Partners, LP, Basswood Financial Fund, LP, and Basswood Financial Long Only Fund, LP, funds for which Basswood Partners, LLC, serves as General Partner and Basswood Capital Management, LLC, serves as Investment Manager; Basswood Opportunity Fund, Inc., and Basswood Financial Fund, Inc., funds for which Basswood Capital Management, LLC, serves as Investment Manager; Basswood Capital Management, LLC, as investment adviser to three managed accounts; and Bennett Lindenbaum and Matthew Lindenbaum, as Managing Members of Basswood Partners, LLC, and of Basswood Capital Management, LLC; all of New York, New York; to acquire more than 10 percent of CommerceWest Bank, Irvine, California.

Newspaper:	Not available
Federal Register:	Not available

NEW RESOURCE BANCORP

* 3A1

New Resource Bancorp to become a bank holding company by acquiring 100 percent of New Resource Bank, both of San Francisco, California.

Newspaper:	06/06/2017
Federal Register:	06/13/2017

PACWEST BANCORP

* 3A5

PacWest Bancorp, Beverly Hills, California, to acquire through merger CU Bancorp and thereby indirectly acquire California United Bank, both of Los Angeles, California.

Newspaper:	Not available
Federal Register:	06/02/2017

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
ALTAPACIFIC BK, SANTA ROSA, CALIFORNIA	3453737	11/28/2016	05/10/2017	S	Int Sm Bank
BAY CMRL BK, WALNUT CREEK, CALIFORNIA	3281510	04/18/2016	05/10/2017	S	Int Sm Bank
FARMERS & MRCH BK, LONG BEACH, CALIFORNIA	871769	09/14/2015	10/09/2016	S	Large Bank
HERITAGE BK OF CMRC, SAN JOSE, CALIFORNIA	2209553	07/13/2015	03/02/2016	S	Large Bank
MISSION BK, BAKERSFIELD, CALIFORNIA	2736714	05/23/2016	07/02/2016	S	Int Sm Bank
OAK VALLEY CMNTY BK, OAKDALE, CALIFORNIA	1864197	09/12/2016	05/10/2017	S	Int Sm Bank
SILICON VALLEY BK, SANTA CLARA, CALIFORNIA	802866	06/20/2016	09/20/2016	S	Strategic Plan

CRA Examinations scheduled for Quarter of

Institution	Location
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 12 Federal Reserve Bank of: San Francisco

Filings received during the week ending May 13, 2017

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 12
Federal Reserve Bank of: San Francisco