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 April 21, 2012

Filer Filing Type Filing Proposal End of Comment Period
CAPITAL BANK FINANCIAL CORP. * 3A5 Capital Bank Financial Corp., Miami, Florida, to merge with Southern Community Financial Corporation, and thereby acquire its subsidiary, Southern Community Bank & Trust Company, both of Winston-Salem, North Carolina.
Newspaper: Not available
Federal Register: Not available
COMMUNITY BANK OF EAST TENNESSEE, THE CIC Prior change in control filed by a group of investors led by William David Major, Jimmy M. Agee, Larry W. Keller, M. Dale McCulloch, and Joe Wayne Hardy, all of Lebanon, Tennessee; James S. Short of Mt. Juliet, Tennessee; John H. Jordan, of Clinton, Tennessee; David E. Davenport and Kenneth W. Victory, both of Smyrna, Tennessee; James A. Campbell, of Nashville, Tennessee; William Kent Coleman, of Murfreesboro, Tennessee; and Bruce G. Davis, of Franklin, Tennessee; collectively to acquire 100 percent of the outstanding shares of The Community Bank of East Tennessee, Clinton, Tennessee.
Newspaper: 05/04/2012
Federal Register: 05/09/2012
FRANKLIN SYNERGY BANK * Branch Franklin Synergy Bank, Franklin, Tennessee, to establish a branch located at 1015 Westhaven Boulevard, Suite 150, Franklin, Tennessee.
Newspaper: 04/27/2012
Federal Register: Not applicable
IBERIABANK * Branch IBERIABANK, Lafayette, Louisiana, to establish a branch located at 1010 North Germantown Parkway, Cordova, Tennessee, to be known as the Cordova Branch.
Newspaper: 05/03/2012
Federal Register: Not applicable
IBERIABANK CORPORATION * 3A5 IBERIABANK Corporation, Lafayette, Louisiana, to merge with Florida Gulf Bancorp, and its subsidiary, Florida Gulf Bank, both of Fort Myers, Florida.
Newspaper: Not available
Federal Register: 05/14/2012
Winston 23 Corporation * 3A1 Winston 23 Corporation, Miami, Florida, to become a bank holding company by acquiring 100 percent of the outstanding shares of Southern Community Financial Corporation, and its subsidiary, Southern Community Bank & Trust Company, both of Winston-Salem, North Carolina.
Newspaper: Not available
Federal Register: Not available


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

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