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

District: 8
Federal Reserve Bank of: St. Louis

Filings received during the week ending August 12, 2006

Filer

Filing Type

Filing Proposal

End of Comment Period

EXCHANGE BANCSHARES, INC.

* 3A3

Exchange Bancshares, Inc., Mayfield, Kentucky, to acquire 100 percent of Purchase Area Bancorp, Inc., Bardwell, Kentucky, and thereby indirectly acquire Bardwell Deposit Bank, Bardwell, Kentucky.

Newspaper:	08/31/2006
Federal Register:	09/01/2006

FIRST BANK

* 18C
* Branch

First Bank, St. Louis, Missouri, to purchase certain assets and assume deposit and certain other liabilities of three branches of MidAmerica National Bank, Canton, Illinois, and to retain the acquired facilities as branches.

Newspaper:	09/07/2006
Federal Register:	Not applicable

INDEPENDENCE BANCSHARES, INC.

* 3A1
* 3A3

Independence Bancshares, Inc., Owensboro, Kentucky, to acquire 100 percent of Community Bancorp of McLean County, Kentucky, Inc., Island, Kentucky, and thereby indirectly acquire First Security Bank and Trust, Island, Kentucky. Also a companion application by Independence Bancshares Acquisition, LLC., Owensboro, Kentucky, to become a bank holding company by acquiring 100 percent of Community Bancorp of McLean County, Island, Kentucky, and thereby indirectly acquire First Security Bank and Trust Company, Island, Kentucky.

Newspaper:	09/11/2006
Federal Register:	09/11/2006

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
NONE

District: 8 Federal Reserve Bank of: St. Louis

Filings received during the week ending August 12, 2006

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 8
Federal Reserve Bank of: St. Louis