Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

District: 12
Federal Reserve Bank of: San Francisco

Filings received during the week ending December 17, 2011

Filer

Filing Type

Filing Proposal

End of Comment Period

CARPENTER FUND MANAGER GP, LLC

* 3A3

Carpenter Fund Manager GP, LLC, Carpenter Fund Management Company, LLC, Carpenter Community Bancfund, L.P., Carpenter Community BanFund -A, L.P., Carpenter Community BandFund - CA, L.P., SCJ, Inc., and CCFW, Inc., all of Irvine, California, and all existing controlling parties, to acquire more than 24.9% of the voting securities of Pacific Mercantile Bancorp, Costa Mesa, California through an investment preferred and common shares of Pacific Mercantile Bancorp and thereby indirectly acquire additional voting shares of Pacific Mercantile Bank, Costa Mesa, California.

Newspaper:	11/04/2011
Federal Register:	12/05/2011

COASTAL FINANCIAL CORPORATION

CIC

Interagency Notice of Change in Control by Montlake Capital II, L.P, a limited partnership and Montlake Capital II-B, L.P., a limited partnership, Seattle, Washington, to acquire voting shares of Coastal Financial Corporation, and thereby indirectly acquire Coastal Community Bank, both of Everett, Washington; and 2)Coastal Financial Corporation and Coastal Community Bank, both of Everett, Washington to appoint Andrew Russell Dale as a Director.

Newspaper:	Not available
Federal Register:	10/27/2011

EAST WEST BANK

* Branch

East West Bank, Pasadena, California, to establish a branch office to be located at 19625 Stevens Creek Boulevard, Cupertino, California.

Newspaper:	12/16/2011
Federal Register:	Not applicable

GRANDPOINT CAPITAL, INC.

4c8
* 3A3

Grandpoint Capital, Inc., Los Angeles, California, to acquire 100 percent of Regents Bancshares, Inc., Vancouver, Washington, and thereby indirectly acquire Regents Bank NA, La Jolla, California and 2) to acquire 100 percent of the equity interest of Peroria Holdings, LLC, Vancouver, Washington, and engage in loan servicing, extending credit and holding, management and disposial of OREO, pursuant to section 225.28(b)(1) of Reguation Y.

Newspaper:	12/28/2011
Federal Register:	12/30/2011

PRIVATE BANCORP OF AMERICA, INC.

* 3A1

Private Bancorp of America, Inc., to become a bank holding company by acquiring 100 percent of San Diego Private Bank, both of La Jolla, California.

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

District: 12 Federal Reserve Bank of: San Francisco

Filings received during the week ending December 17, 2011

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 12
Federal Reserve Bank of: San Francisco