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

District: 9
Federal Reserve Bank of: Minneapolis

Filings received during the week ending March 3, 2012

Filer

Filing Type

Filing Proposal

End of Comment Period

BNCCORP, INC.

CIC

Change in Control Notice by MVC Private Equity Fund, L.P., Purchase, New York, to gain control of BNCCORP, Inc., Bismarck, North Dakota, and thereby indirectly gain control of BNC National Bank, Glendale, Arizona.

Newspaper:	Not available
Federal Register:	Not available

EAGLE INVESTMENT COMPANY, INC.

CIC

Change in Control Notice by the Erick A. Gandrud Irrevocable Trust, Glenwood, Minnesota (John R. Gandrud, Trustee), and The John R. Gandrud Irrevocable Trust, Glenwood, Minnesota (Erick A. Gandrud, Trustee), to retain 25% or more of the shares of Eagle Investment Company, Inc., Glenwood, Minnesota, and thereby indirectly retain control of Eagle Bank, Glenwood, Minnesota. Additionally, the Erick A. Gandrud Trust and Trustee, and the John R. Gandrud Trust and Trustee, propose to join the Gandrud Family Group which controls 25% or more of Eagle Investment Company, Glenwood, Minnesota.

Newspaper:	Not available
Federal Register:	Not available

STATE BANK OF HAWLEY EMPLOYEE STOCK OWNERSHIP PLAN & TRUST

CIC

Change in Control Notice by Daniel Eugene Bergee and Dale VanHavermaet, as proposed Co-Trustees, Hawley, Minnesota, to gain control of State Bank of Hawley Employee Stock Ownership Plan & Trust (ESOP), and thereby indirectly gain control of Bankshares of Hawley, Inc., and its wholly-owned subsidiary, State Bank of Hawley, Hawley, Minnesota, both of Hawley, Minnesota.

Newspaper:	Not available
Federal Register:	Not available

WESTERN STATE AGENCY, INC., EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

* 3A3

Western State Agency, Inc. Employee Stock Ownership Plan and Trust, Devils Lake, North Dakota, to acquire additional shares and thereby increase its ownership of Western State Agency, Inc., Devils Lake, North Dakota, from 28.81% up to 43.25%. Western State Agency, Inc. owns Western State Bank, Devils Lake, North Dakota.

Newspaper:	03/08/2012
Federal Register:	03/09/2012

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
PROFINIUM FNCL, TRUMAN, MINNESOTA	865450	10/17/2011	02/14/2012	O	Int Sm Bank

CRA Examinations scheduled for Quarter of

Institution	Location
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 9 Federal Reserve Bank of: Minneapolis

Filings received during the week ending March 3, 2012

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 9
Federal Reserve Bank of: Minneapolis