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 November 5, 2005

Filer Filing Type Filing Proposal End of Comment Period
CAPITOL BANCORP LTD. * 3A3 Capitol Bancorp, Ltd. Lansing, Michigan and Capitol Development Bancorp Limited III, Lansing, Michigan, to acquire 51 percent of the voting shares of Bank of Santa Barbara (in organization), Santa Barbara, California.
Newspaper: Not available
Federal Register: 11/28/2005
CENTERBANK FINANCIAL, INC. * 3A1 CenterBank Financial, Inc., Northfield, Illinois, to become a bank holding company by acquiring 100 percent of the voting shares of CenterBank and Trust, National Association (in organization), Deerfield, Illinois.
Newspaper: Not available
Federal Register: 11/18/2005
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish branch facilities to be located at 6812 Katella Ave., Cypress, California; 318A Diablo Road, Ste. 100, Danville, California; and 6301 Wilshire Blvd., Los Angeles, California.
Newspaper: Not available
Federal Register: Not applicable
COMERICA BANK * Branch Comerica Bank, Detroit, Michigan, to establish branch facilities to be located at 1825 S. Val Vista Drive, Mesa, Arizona and 14801 N. Scottsdale Road, Scottsdale, Arizona.
Newspaper: Not available
Federal Register: Not applicable
FIRST CITIZENS FINANCIAL CORP. * 3A3 First Citizens Financial Corp., Mason City, Iowa, to acquire 100 percent of Kanabec Credit Company, Mora, Minnesota, and thereby indirectly acquire Kanabec State Bank, Mora, Minnesota.
Newspaper: Not available
Federal Register: 12/05/2005
FIRST MIDWEST BANK * 18C
* Branch
First Midwest Bank, Itasca, Illinois, to purchase the assets and assume the liabilities of the Carpentersville, Illinois branch of Elgin State Bank, Elgin, Illinois, and thereby to establish a branch located at 2250 Randall Road, Carpentersville, Illinois.
Newspaper: Not available
Federal Register: Not applicable
FIRST STATE ASSOCIATES, INC. * 3A3 First State Associates, Inc., Inc., Hawarden, Iowa, to acquire the remaining 50 percent of The Hawarden Banking Company, Hawarden, Iowa, and thereby indirectly own 100 percent of First State Bank, Hawarden, Iowa.
Newspaper: Not available
Federal Register: Not available
Indiana Bank Corp. * 3A1 Indiana Bank Corp., Terre Haute, Indiana, to become a bank holding company by acquiring 100 percent of the voting shares of The First National Bank of Dana, Dana, Indiana.
Newspaper: Not available
Federal Register: Not available
R & J FINANCIAL CORPORATION CIC Notice by James Jay Johnson, Sutherland, Iowa, to gain control of R & J Financial Corporation, Inc., Elma, Iowa, and thereby indirectly Peoples Savings Bank, Charles City, Iowa.
Newspaper: 10/20/2005
Federal Register: 10/31/2005
SALIN BANK AND TRUST COMPANY * Branch Salin Bank and Trust Company, Indianapolis, Indiana, to establish a branch facility to be located at 716 East Main Street, Gas City, Indiana.
Newspaper: 11/03/2005
Federal Register: Not applicable
SECURITY STATE BANK * Branch Security State Bank, New Hampton, Iowa, to establish a branch facility at 610 Gilbert Street, Charles City, Iowa.
Newspaper: 10/30/2005
Federal Register: Not applicable
UNITED COMMUNITY BANK OF LISLE * Branch United Community Bank of Lisle, Lisle, Illinois, to establish a branch facility to be located at 5450 Subiaco Drive, Lisle, Illinois.
Newspaper: 11/09/2005
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
BAYLAKE BK, STURGEON BAY, WISCONSIN 280044 07/05/2005 10/31/2005 O Large Bank
FIRST B&T, EVANSTON, ILLINOIS 2333298 06/20/2005 10/20/2005 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