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 October 7, 2006

Filer Filing Type Filing Proposal End of Comment Period
1ST JACKSON BANCSHARES, INC. * 3A3 1st Jackson Bancshares, Inc., Stevenson, Alabama, to acquire 100 percent of the outstanding shares of The Peoples Bancshares, Inc., and its subsidiary, Peoples Bank, both of Sardis, Tennessee.
Newspaper: Not available
Federal Register: Not available
AMERIS BANCORP * 3A5 Ameris Bancorp, Moultrie, Georgia, to merge with Islands Bancorp, and thereby acquire its subsidiary, Islands Community Bank, N.A., both of Beaufort, South Carolina.
Newspaper: 10/06/2006
Federal Register: Not available
CPB BANCSHARES, INC. * 3A1 CPB Bancshares, Inc., to become a bank holding company by acquiring 100 percent of the outstanding shares of Church Point Bank and Trust Company, both of Church Point, Louisiana.
Newspaper: Not available
Federal Register: Not available
OGLETHORPE BANK HOLDING COMPANY * 3A1 Oglethorpe Bank Holding Company, to become a bank holding company by acquiring 100 percent of the outstanding shares of Oglethorpe Bank, both of Brunswick, Georgia.
Newspaper: 10/31/2006
Federal Register: Not available
UNITED COMMUNITY BANCSHARES, INC. CIC United Community Bancshares, Gonzales, Louisiana, prior change in control notification filed by Gloria Bienvenu Callais, Charles Michael Callais, Corey Joseph Callais, Paul Abdon Callais, and Peter Wade Callais to acquire an additional 6.2 percent of the outstanding shares of United Community Bancshares, Inc. and its subsidiary, United Community Bank, both of Gonzales, Louisiana. Proforma total ownership will equal 78.8 percent.
Newspaper: Not available
Federal Register: 10/24/2006


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
NONE


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