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

District: 6
Federal Reserve Bank of: Atlanta

Filings received during the week ending October 16, 2010

Filer

Filing Type

Filing Proposal

End of Comment Period

FIRST CHEROKEE BANCSHARES, INC.

CIC

Prior change in control notice filed by Stuart and Teresa Gibson, both of Canton, Georgia, to acquire 55.80 percent of the outstanding shares of First Cherokee Bancshares, Inc., and its subsidiary, First Cherokee State Bank, both of Woodstock, Georgia. Pro forma total ownership will equal 59.98 percent.

Newspaper:	10/28/2010
Federal Register:	10/28/2010

FMCB HOLDINGS, INC.

CIC

Prior change in control notice filed by Camp QFP, L.L.L.P., Atlanta, Georgia, and its general partners, Mary L. Camp and Lovell E. Camp, both of Atlanta, Georgia, to acquire 17.98 percent of the outstanding shares of FMCB Holdings, Inc., and its subsidiary, First Choice Community Bank, both of Dallas, Georgia.

Newspaper:	Not available
Federal Register:	10/18/2010

PFGBI, LLC

* 3A1

PFGBI, LLC, McDonough, Georgia, to become a bank holding company by acquiring approximately 50.8 percent of the outstanding shares of Montgomery County Bankshares, Inc., and its subsidiary, Montgomery Bank & Trust, both of Ailey, Georgia.

Newspaper:	11/14/2010
Federal Register:	10/29/2010

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
NONE

CRA Examinations scheduled for Quarter of

Institution	Location
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 6 Federal Reserve Bank of: Atlanta

Filings received during the week ending October 16, 2010

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 6
Federal Reserve Bank of: Atlanta