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: 6
Federal Reserve Bank of: Atlanta

Filings received during the week ending July 14, 2007

Filer Filing Type Filing Proposal End of Comment Period
CAPITALMARK BANK & TRUST * Branch CapitalMark Bank & Trust, Chattanooga, Tennessee, after-the-fact branch application to establish a branch located at 802 Pine Street, Chattanooga, Tennessee.
Newspaper: 07/23/2007
Federal Register: Not applicable
FIRST AMERICAN BANK * 18C First American Bank, Birmingham, Alabama, to merge with Bank of Dadeville, Dadeville, Alabama.
Newspaper: 08/06/2007
Federal Register: Not applicable
OVERTON FINANCIAL SERVICES, INC. CIC Overton Financial Services, Inc., Livingston, Tennessee (BHC), three after-the-fact change in control notices filed by the following: (1) the Jack Windle Irrevocable Life Insurance Trust, Livingston, Tennessee, through its co-Trustees, Joyce Dodson Windle, Livingston, Tennessee; and John D. Copeland, Chattanooga, Tennessee; to retain 29.18 percent of the outstanding shares of BHC, and its subsidiary, Union Bank and Trust Company, Livingston, Tennessee (Bank); (2) the Credit Shelter Trust under the Last Will and Testament of Jack Allen Windle, Livingston, Tennessee, through its co-Trustees, Joyce Dodson Windle, Livingston, Tennessee; John D. Copeland, Chattanooga, Tennessee; and Thomas Alfred Windle, Cookeville, Tennessee; to retain 28.94 percent of the outstanding shares of BHC and Bank; and (3) the Tennessee Qualified Terminable Interest Trust under the Last Will and Testament of Jack Allen Windle, through its co-Trustees, Joyce Dodson Windle, Livingston, Tennessee; John D. Copeland, Chattanooga, Tennessee; and Thomas Alfred Windle, Cookeville, Tennessee; to retain 27.82 percent of the outstanding shares of BHC and Bank.
Newspaper: Not available
Federal Register: 07/23/2007
Providence Bancorp, Inc. 3A1 Providence Bancorp, Inc., notice to become a bank holding company by acquiring 100 percent of the outstanding shares of Providence Bank, both of Winter Haven, Florida.
Newspaper: Not applicable
Federal Register: Not applicable
TENNESSEE BANCSHARES, INC. * 3A1 Tennessee Bancshares, Inc., to become a bank holding company by acquiring 100 percent of the voting securities of the Bank of Tullahoma, both of Tullahoma, Tennessee.
Newspaper: 08/07/2007
Federal Register: 08/06/2007


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
PARK AVE BK, VALDOSTA, GEORGIA 104038 03/12/2007 07/01/2007 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