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 18, 2006

Filer

Filing Type

Filing Proposal

End of Comment Period

LAKE BANK SHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

* 3A3

Lake Bank Shares, Inc., Employee Stock Ownership Plan, Emmons, Minnesota, proposes to increase its ownership of Lake Bank Shares, Inc., Emmons, Minnesota, from 35.68 percent to 65.67 percent.

Newspaper:	Not available
Federal Register:	04/06/2006

SALISH AND KOOTENAI BANCORPORATION

* 3A1

Salish and Kootenai Bancorporation, Polson, Montana, to become a bank holding company by acquiring 100 percent of the capital stock of Eagle Bank, Polson, Montana, a de novo bank.

Newspaper:	03/13/2006
Federal Register:	03/03/2006

VISION BANCSHARES, INC.

4c8

Vision Bancshares, Inc., Saint Louis Park, Minnesota, to engage de novo in extending credit and servicing loans.

Newspaper:	Not applicable
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
BANKFIRST, SIOUX FALLS, SOUTH DAKOTA	2352507	09/06/2005	02/22/2006	S	Whole/Ltd Purp
HEARTLAND ST BK, EDGELEY, NORTH DAKOTA	837653	11/30/2005	03/10/2006	S	Small Bank

CRA Examinations scheduled for Quarter of

Institution	Location
NONE

District: 9 Federal Reserve Bank of: Minneapolis

Filings received during the week ending March 18, 2006

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 9
Federal Reserve Bank of: Minneapolis