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: 7
Federal Reserve Bank of: Chicago

Filings received during the week ending March 25, 2006

Filer Filing Type Filing Proposal End of Comment Period
BLACK EARTH BANCSHARES, INC. 4c8 Black Earth Bancshares, Inc., Black Earth, Wisconsin, to continue to engage in lending activities.
Newspaper: Not applicable
Federal Register: 04/11/2006
CAPITOL BANCORP LTD. * 3A1
* 3A3
Capitol Bancorp, Ltd., Lansing, Michigan, to acquire 51 percent of the voting shares of Evansville Commerce Bank (in organization), Evansville, Indiana, and by Capitol Development Bancorp Limited IV, Lansing, Michigan, to become a bank holding company by acquiring 51 percent of the voting shares of Evansville Commerce Bank (in organization), Evansville, Indiana.
Newspaper: Not available
Federal Register: 04/13/2006
CAPITOL BANCORP LTD. * 3A1
* 3A3
Capitol Bancorp, Ltd., Lansing, Michigan, to acquire 51 percent of the voting shares of Sunrise Bank of Atlanta (in organization), Atlanta, Georgia, and by Capitol Development Bancorp Limited IV, Lansing, Michigan, to become a bank holding company by acquiring 51 percent of the voting shares of Sunrise Bank of Atlanta (in organization), Atlanta, Georgia.
Newspaper: Not available
Federal Register: 04/14/2006
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish a branch facility to be located at 801 N. San Fernando Blvd., Burbank, California.
Newspaper: 03/21/2006
Federal Register: Not applicable
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish a branch facility to be located at 1037 State Road 7, Suite 117, Wellington, Florida.
Newspaper: Not available
Federal Register: Not applicable
EASTERN MICHIGAN BANK * Branch Eastern Michigan Bank, Croswell, Michigan, to establish a branch facility to be located at 2970 Gratiot, Marysville, Michigan.
Newspaper: 03/27/2006
Federal Register: Not applicable
EXCHANGE FINANCIAL, INC. * 3A1 Exchange Financial, Inc., Adair, Iowa, to become a bank holding company by acquiring 100 percent of Exchange State Bank, Adair, Iowa.
Newspaper: 02/13/2006
Federal Register: 02/10/2006
JOHNSON BANK * 18C
* Branch
Johnson Bank, Racine, Wisconsin, to merge with Johnson Bank Arizona, National Association, Phoenix, Arizona, and thereby to establish 8 branches.
Newspaper: Not available
Federal Register: Not applicable
LINN COUNTY STATE BANK * Branch Linn County State Bank, Coggon, Iowa, to establish a branch facility to be located at 1295 Blairs Ferry Road, Marion, Iowa.
Newspaper: 03/31/2006
Federal Register: Not applicable
MIDWEST BANC HOLDINGS, INC. * 3A5
* 18C
* Branch
Midwest Banc Holdings, Inc., Melrose Park, Illinois, to acquire 100 percent of the voting shares of Royal American Corporation, Inverness, Illinois, and thereby indirectly acquire Royal American Bank, Inverness, Illinois, and by Midwest Bank and Trust Company, Elmwood Park, Illinois, to merge with Royal American Bank, Inverness, Illinois, and thereby to establish 7 branches.
Newspaper: 03/31/2006
Federal Register: 04/03/2006
PRAIRIELAND BANCORP EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST * 3A3 Prairieland Bancorp Employee Stock Ownership Plan and Trust, Bushnell, Illinois, to increase its ownership from 44.80 percent to 49.67 percent of Prairieland Bancorp, Inc., Bushnell, Illinois, and thereby indirectly increase its ownership of Farmers and Merchants State Bank of Bushnell, Bushnell, Illinois.
Newspaper: 04/21/2006
Federal Register: Not available


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
MIDWEST BK WESTERN IL, MONMOUTH, ILLINOIS 709143 11/28/2005 03/15/2006 S Large Bank


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

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