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 November 20, 2010

Filer

Filing Type

Filing Proposal

End of Comment Period

INDEPENDENT BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

* 3A3

Independent Bancshares, Inc. Employee Stock Ownership Plan, Red Bay, Alabama, to acquire 27.17 percent of the outstanding shares of Independent Bancshares, Inc., and its subsidiary, Community Spirit Bank, both of Red Bay, Alabama, along with Spirit Bancshares, Inc., and its subsidiary, Spirit Bank, both of Belmont, Mississippi.

Newspaper:	12/17/2010
Federal Register:	12/16/2010

NORTH AMERICAN FINANCIAL HOLDINGS, INC.

* 3A3

North American Financial Holdings, Inc., Charlotte, North Carolina, to acquire up to 100 percent of the outstanding voting shares of Capital Bank Corporation, and its subsidiary, Capital Bank, both of Raleigh, North Carolina.

Newspaper:	12/20/2010
Federal Register:	12/16/2010

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 First Quarter of 2011 (January 1, 2011 - March 31, 2011)

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 November 20, 2010

Availability of CRA Public Evaluations

CRA Examinations scheduled for First Quarter of 2011 (January 1, 2011 - March 31, 2011)

District: 6
Federal Reserve Bank of: Atlanta