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: 8
Federal Reserve Bank of: St. Louis

Filings received during the week ending September 9, 2006

Filer Filing Type Filing Proposal End of Comment Period
ASHLEY BANCSTOCK COMPANY * 3A3 Ashley Bancstock Company, Crossett, Arkansas, to acquire 100 percent of First Community Bank of Crawford County, Van Buren, Arkansas.
Newspaper: 09/29/2006
Federal Register: 10/06/2006
COMMUNITY FIRST BANCORP, INC. * 3A1 Community First Bancorp, Inc., Fairview Heights, Illinois, to become a bank holding company by acquiring 100 percent of Community First Bank, Fairview Heights, Illinois.
Newspaper: Not available
Federal Register: 10/06/2006
DEARMIN BANCORP, INC. CIC Notice by Dearmin Investment Holdings Business, L.P., Odon, Indiana, to acquire 100 percent of Dearmin Bancorp, Inc., Odon, Indiana.
Newspaper: 09/12/2006
Federal Register: 09/08/2006
FIRST BANK * 18C
* Branch
First Bank, St. Louis, Missouri, to purchase certain assets and assume deposit and certain other liabilities of the 175 S. Beverly Drive, Beverly Hills, California, branch of First Bank of Beverly Hills, Calabasas, California, and to retain the acquired facility as a branch.
Newspaper: 10/06/2006
Federal Register: Not applicable
ST. ELIZABETH BANCSHARES, INC. * 3A3 St. Elizabeth Bancshares, Inc., St. Elizabeth, Missouri, to acquire 100 percent of Bank of Freeburg, Freeburg, Missouri.
Newspaper: Not available
Federal Register: 10/06/2006


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
WARREN B&TC, WARREN, ARKANSAS 748441 06/05/2006 09/04/2006 O Small 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