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 August 27, 2022

Filer

Filing Type

Filing Proposal

End of Comment Period

BANCPACIFIC FINANCIAL HOLDING CORPORATION

* 3A1

BancPacific Financial Holding Corporation, Hagatna, Guam, and Our Lady of Peace Memorial Plan, Inc.- Trust Fund, Barrigada, Guam; to become bank holding companies by acquiring 100 percent of BankPacific, Ltd., Hagatna, Guam, upon the conversion of the bank from a savings association to a commercial bank.

Newspaper:	Not available
Federal Register:	Not available

BAWAG GROUP AG

4c8
* 3A1

BAWAG Group AG, Vienna, Austria, (1) proposes to become a bank holding company by acquiring 100 percent of the voting shares of Peak Bancorp, Inc., and thereby indirectly acquire Idaho First Bank, both of McCall, Idaho; (2) seeks to retain 19.5 percent of Marlette Holdings, Inc., Wilmington, Delaware, and thereby extend credit and service loans pursuant to section 225.28(b)(1) of Regulation Y; and (3) requests a determination that it be treated as a qualifying foreign banking organization.

Newspaper:	Not available
Federal Register:	Not available

EAST WEST BANK

PWI

East West Bank, Pasadena, California, proposes to make a public welfare investment of $21.7 million in Merritt EW Fund 1, L.P.

Newspaper:	Not applicable
Federal Register:	Not applicable

FARMERS AND MERCHANTS BANK OF LONG BEACH

PWI

Farmers & Merchants Bank of Long Beach, Long Beach, California, requests prior approval to make a public welfare investment of $23.5 million in a new markets tax credit program offered by U.S. Bancorp Community Development Corporation.

Newspaper:	Not applicable
Federal Register:	Not applicable

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	Quarter
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 12 Federal Reserve Bank of: San Francisco

Filings received during the week ending August 27, 2022

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 12
Federal Reserve Bank of: San Francisco