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: 7
Federal Reserve Bank of: Chicago

Filings received during the week ending August 20, 2011

Filer Filing Type Filing Proposal End of Comment Period
ATBANCORP * 3A3 ATBancorp, Dubuque, Iowa, to acquire up to 100 percent of the outstanding voting shares of United American Bank, San Mateo, California.
Newspaper: Not available
Federal Register: 09/19/2011
C-B-G, INC. * 3A3 C-B-G, Inc., West Liberty, Iowa, to acquire up to 50.01 percent, in Washington Bancorp, Washington, Iowa, and thereby increase it's indirect interest in Washington Bancorp's subsidiary, Federation Bank, Washington, Iowa.
Newspaper: Not available
Federal Register: 09/12/2011
COMMUNITY NATIONAL BANCORPORATION CIC Notice by Michael L. Peterson, Cedar Falls, Iowa, to increase his ownership to more than 10 percent and become the largest shareholder of Community National Bancorporation, Waterloo, Iowa, and thereby indirectly control Community National Bank, Waterloo, Iowa, and Community Bank, Austin, Minnesota.
Newspaper: 08/30/2011
Federal Register: 08/26/2011
EVANS BANCSHARES, INC. CIC Notice by Paul L. Martin and Pamela J. Martin, Bradenton, Florida, to gain control of Evans Bancshares, Inc., Evansdale, Iowa, and thereby indirectly control Fist Security State Bank, Evansdale, Iowa. Paul and Pamela Martin will collectively increase their ownership from 9.63 percent to 12.43 percent with the purchase of 2000 shares.
Newspaper: Not available
Federal Register: 08/01/2011
FIRST BANK OF BERNE * 18C
* Branch 		First Bank of Berne, Berne, Indiana, to purchase substantially all of the assets and assume certain liabilities of three branches of American Trust Federal Savings Bank, Peru, Indiana, and thereby to establish 3 branches.
Newspaper: Not available
Federal Register: Not applicable
NORTHSTAR FINANCIAL GROUP, INC. 4c8 Northstar Financial Group,Inc., Bad Axe, Michigan, proposes to engage de novo in certain permissible nonbanking activities.
Newspaper: Not applicable
Federal Register: Not available
WAUKON STATE BANK * 18C
* Branch 		Waukon State Bank, Waukon, Iowa, to merge with Viking State Bank and Trust, Decorah, Iowa. As a result of the merger, Waukon State Bank, will establish a branch office at 321 W Water Street, Decorah, Iowa and 1801 Old Stage Road, Decorah, Iowa.
Newspaper: Not available
Federal Register: Not applicable


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
FIRST MIDWEST BK, ITASCA, ILLINOIS 1007846 08/23/2010 08/15/2011 O Large Bank
G W JONES EXCHANGE BK, MARCELLUS, MICHIGAN 540542 02/28/2011 08/01/2011 S Small Bank
HOME T&SB, OSAGE, IOWA 60545 04/04/2011 08/15/2011 S Small Bank
QUAD CITY B&TC, BETTENDORF, IOWA 2142155 02/28/2011 08/01/2011 S Int Sm Bank
ROCKFORD B&TC, ROCKFORD, ILLINOIS 3303917 03/28/2011 08/11/2011 S Small Bank
SECURITY SVG BK, EAGLE GROVE, IOWA 676245 04/25/2011 08/15/2011 S Small Bank


CRA Examinations scheduled for Forth Quarter of 2011 (October 1, 2011 - December 31, 2011)

Institution Location
1ST SOURCE BK SOUTH BEND, INDIANA
CENTRAL ST BK MUSCATINE, IOWA
DEMOTTE ST BK DEMOTTE, INDIANA
FARMERS & MRCH BK ORFORDVILLE ORFORDVILLE, WISCONSIN
FIRST B&T EVANSTON, ILLINOIS
FIRST ST BK BOURBON IN BOURBON, INDIANA
INDIANA B&TC COLUMBUS, INDIANA
IOWA ST BK HULL, IOWA
ISABELLA BK MOUNT PLEASANT, MICHIGAN
LINN CTY ST BK COGGON, IOWA
M&I MARSHALL & ILSLEY BK MILWAUKEE, WISCONSIN
MAIN ST BK BINGHAM FARMS, MICHIGAN
MORTON CMNTY BK MORTON, ILLINOIS
PORT BYRON ST BK PORT BYRON, ILLINOIS
TRI-CTY BK BROWN CITY, MICHIGAN
UNION ST BK ROCKWELL CITY, IOWA
WEST CHESTER SVG BK WASHINGTON, IOWA
WHEATON B&TC WHEATON, ILLINOIS

* 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

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Last update: August 25, 2011