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 February 6, 2010

Filer Filing Type Filing Proposal End of Comment Period
BANCO DAVIVIENDA S.A. FBSEA Banco Davivienda, S.A., Bogota, Colombia, to convert its Edge Act banking corporation subsidiary, Bancafe International, to international bank branch offices located at 801 Brickell Avenue, Miami, Florida, and 1110 Brickell Avenue, Miami, Florida.
Newspaper: Not available
Federal Register: Not applicable
FLORIDA SHORES BANCORP, INC. * 3A1
* 3A3
Florida Shores Shamrock, Inc., Naples, Florida, to become a bank holding company by acquiring at least 60 percent of the outstanding shares of Shamrock Bank of Florida, Naples, Florida, to be known as Florida Shores Bank-Gulf Coast; and Florida Shores Bancorp, Inc., along with Smith Associates Bank Fund Management LLC, and Smith Associates Florida Banking Fund LLC, all of Pompano Beach, Florida, to collectively acquire at least 60 percent of the outstanding shares of Florida Shores Shamrock, Inc., Naples, Florida, and its subsidiary, Shamrock Bank of Florida, Naples, Florida, to be known as Florida Shores Bank-Gulf Coast.
Newspaper: 01/26/2010
Federal Register: 01/29/2010
FLORIDA SHORES BANCORP, INC. * 4c8 Florida Shores Bancorp, Inc., Smith Associates Bank Fund Management LLC, and Smith Associates Florida Banking Fund LLC, all of Pompano Beach, Florida, to collectively acquire at least 60 percent of the outstanding shares of Coastal Bancorporation, Inc. and its subsidiary, Coastal Bank, both of Merritt Island, Florida, and thereby engage in operating a savings association, pursuant to section 4(c)(8) of the Bank Holding Company Act and section 225.28(b)(4)(ii) of Regulation Y.
Newspaper: 02/01/2010
Federal Register: 01/27/2010
HOMETOWN COMMUNITY BANCSHARES, INC. CIC Prior change in control notice filed by Viradesh Kumar Nanda and Sameer Kumar Nanda, to acquire 17.51 percent of the outstanding shares of Hometown Community Bancshares, Inc., and its subsidiary, Hometown Community Bank, both of Braselton, Georgia. Total pro forma ownership will equal 17.51 percent.
Newspaper: 02/17/2010
Federal Register: 02/16/2010
IBERIABANK * 18C
* Branch
IBERIABANK, Lafayette, Louisiana, for the purchase and assumption of a branch of IBERIABANK FSB, Little Rock, Arkansas. BERIABANK, Lafayette, Louisiana, in connection with its purchase to acquire e branch of IBERIABANK FSB, Little Rock, Arkansas, to establish the branch located at 2 South Water Street, Mobile, Alabama.
Newspaper: 02/24/2010
Federal Register: Not applicable
PALM BANCORP, INC. CIC Prior change in control notice filed by Marty E. Adams, Salineville, Ohio; Kevin T. Thompson, Saint Augustine, Florida; and John S. Loeber, Travelers Rest, South Carolina; to acquire control of Palm Bancorp, Inc., and its subsidiary bank, Palm Bank, both of Tampa, Florida.
Newspaper: Not available
Federal Register: 02/09/2010
STATE BANK FINANCIAL CORPORATION * 3A1 State Bank Financial Corporation, Atlanta, Georgia, to become a bank holding company by acquiring 100 percent of the outstanding shares of State Bank and Trust Company, Macon (Pinehurst), Georgia.
Newspaper: Not available
Federal Register: 02/12/2010


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

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