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 April 1, 2006

Filer Filing Type Filing Proposal End of Comment Period
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 1037 State Road 7, Suite 117, Wellington, Florida.
Newspaper: 04/01/2006
Federal Register: Not applicable
FIRST BANK OF MANHATTAN * Branch First Bank of Manhattan, Manhattan, Illinois, to establish a branch facility to be located at 836 Laraway Road, New Lenox, Illinois.
Newspaper: 04/14/2006
Federal Register: Not applicable
INDIANA BUSINESS BANCORP 3A1 Indiana Business Bancorp, Indianapolis, Indiana, to become a bank holding company by acquiring 100 percent of the voting shares of Indiana Business Bank, Indianapolis, Indiana.
Newspaper: Not applicable
Federal Register: Not applicable
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
NATIONAL BANCSHARES, INC. * 3A3 National Bancshares, Inc., Bettendorf, Iowa, to acquire 100 percent of Metrocorp, Inc., East Moline, Illinois, and thereby indirectly acquire Metrobank NA, Davenport, Iowa.
Newspaper: Not available
Federal Register: Not available
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: 04/27/2006
Signature Bancorporation, Inc. * 3A1 Signature Bancorporation, Inc., Chicago, Illinois, to become a bank holding company by acquiring 100 percent of the voting shares of Signature Bank (in organization), Chicago, Illinois.
Newspaper: Not available
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
BANK IA, RED OAK, IOWA 612346 12/12/2005 03/16/2006 S Small Bank
FARMERS & MRCH BK, BERLIN, WISCONSIN 574949 12/05/2005 03/27/2006 S Small Bank
FIRST FARMERS B&T, CONVERSE, INDIANA 139843 11/07/2005 03/15/2006 S Int Sm Bank
GARRETT ST BK, GARRETT, INDIANA 465243 11/28/2005 03/20/2006 S Small Bank
IOWA ST B&TC, FAIRFIELD, IOWA 651541 12/05/2005 03/13/2006 S Small 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