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 17, 2010

Filer Filing Type Filing Proposal End of Comment Period
DENTEL BANCORPORATION * 3A3 Dentel Bancorporation, Victor, Iowa, to acquire 100 percent of Panora State Bank, Panora, Iowa.
Newspaper: Not available
Federal Register: 05/14/2010
HOMETOWN COMMUNITY BANCORP, INC. * 3A5
* 18C
* Branch 		Hometown Community Bancorp, Inc. Employee Stock Ownership Plan and Trust and Hometown Community Bancorp, Inc., both located in Morton, Illinois, to merge with TSB Financial, Inc., Tremont, Illinois, and thereby indirectly acquire Tremont Savings Bank, Tremont, Illinois, and the related application by Morton Community Bank, Morton, Illinois, to merge with Tremont Savings Bank, Tremont, Illinois, and thereby to establish two branches.
Newspaper: Not available
Federal Register: 05/14/2010
SOUTHPORT FINANCIAL CORPORATION CIC Notice by Gaetano M. Cecchini, Canton, Ohio, as trustee of the Gaetano Mattioli Cecchini Living Trust, Canton, Ohio, to acquire 50 percent or more of the voting shares of Southport Financial Corporation, Kenosha, Wisconsin, and thereby indirectly acquire Southport Bank, Kenosha, Wisconsin.
Newspaper: 04/08/2010
Federal Register: 03/30/2010


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
FARMERS ST BK, BROOKSTON, INDIANA 571443 11/02/2009 03/26/2010 S Small Bank
ISABELLA BK, MOUNT PLEASANT, MICHIGAN 74140 09/21/2009 02/11/2010 S Large Bank
PINNACLE BK, MARSHALLTOWN, IOWA 365745 11/16/2009 03/18/2010 S Small Bank


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

* Subject to the provisions of the Community Reinvestment Act

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

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Last update: April 22, 2010