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 April 15, 2006

Filer Filing Type Filing Proposal End of Comment Period
ALGIERS BANCORP, INC. CIC Algiers Bancorp, Inc., Baton Rouge, Louisiana, prior change in control notice by the Robin and Cherie Arkley Revocable Algiers Bancorp Stock Trust, Eureka, California, with Robin P. Arkley II and Cherie P. Arkley, Eureka, California, as trustees to acquire 57 percent; the Allison E. Arkley Trust #5, Eureka, California, with Russell N. Bacon, managing member of CTT, LLC, Eureka, California, and John L. Piland as trustees to acquire 19 percent; and the Elizabeth A. Arkley Trust #5, with Russell N. Bacon, managing member of CTT, LLC, Eureka, California, and John L. Piland as trustees to acquire 19 percent; and Jack J. Mendheim and Stephanie C. Medheim, Folsom, Louisiana, to collectively acquire 5 percent of the outstanding shares of Algiers Bancorp, Inc., Baton Rouge, Louisiana, and its subsidiary, Statewide Bank, Terrytown, Louisiana.
Newspaper: Not available
Federal Register: Not available
CAPITAL CITY BANK * Branch Capital City Bank, Tallahassee, Florida, to establish a branch located at 5200 Newberry Road, Gainesville, Florida.
Newspaper: 04/18/2006
Federal Register: Not applicable
COMPASS BANK * Branch Compass Bank, Birmingham, Alabama, to establish a branch located at 4115 East Colfax Avenue, Denver, Colorado, to be known as the Denver - Colfax Office.
Newspaper: 04/19/2006
Federal Register: Not applicable
FEB BANCSHARES, INC. * 3A1 FEB Bancshares, Inc., to become a bank holding company by acquiring 100 percent of the outstanding shares of Farmers Exchange Bank, both of Louisville, Alabama.
Newspaper: 05/09/2006
Federal Register: 05/10/2006
HOMETOWN OF HOMESTEAD, INC. * 3A1
* 3A3
Hometown of Homestead, Inc., Ft. Pierce, Florida (Hometown), to become a bank holding company by acquiring 100 percent of the outstanding shares of First of Homestead, Inc., and its subsidiary, 1st National Bank of South Florida (Bank), both of Homestead, Florida. Also enclosed are the applications by Hometown Banking Company, Ft. Pierce, Florida; The Prosperity Banking Company, Inc., St. Augustine, Florida; and Riverside Gulf Coast Banking Company, Cape Coral, Florida, to collectively acquire up to 50 percent of the outstanding shares of Hometown and Bank. Hometown will change its name to Hometown of Homestead Banking Company after consummation.
Newspaper: Not available
Federal Register: Not available
P B BANCSHARES, INC. CIC PB Bancshares, Inc., Clifton, Tennessee, after-the-fact change in control notice filed by J. Autry and Martha Gobbell; Stephen or Jane Ann Gobbell; Stephen Gobbell, as custodian for Stephen Mark Gobbell; PB Bancshares, Inc., ESOP, J. Autry Gobbell, Gailand Grinder, Tommy Martin, Kelvin Runions, Carl Skelton, and Andrew Yarbrough, as trustees; Frances Hassell Wade Trust, J. Autry Gobbell, Martha Gobbell, and Stephen Gobbell, as trustees; all of Clifton, Tennessee, to retain 62.39 percent of the outstanding shares of PB Bancshares, Inc., and its subsidiary bank, Peoples Bank, both of Clifton, Tennessee.
Newspaper: 04/18/2006
Federal Register: 04/24/2006
REGIONS BANK * Branch Regions Bank, Birmingham, Alabama, to establish a branch located at 1471 Timberlane Road, Tallahassee, Florida.
Newspaper: 04/18/2006
Federal Register: Not applicable
REGIONS BANK * Branch Regions Bank, Birmingham, Alabama, to establish a branch located at 3112 Zelda Road, Montgomery, Alabama.
Newspaper: 04/22/2006
Federal Register: Not applicable
SOUTHEASTERN BANK FINANCIAL CORPORATION CIC Southeastern Bank Financial Corporation, Augusta, Georgia, after-the-fact change in control notification filed by the Pollard Family Group (Jennie Floyd Pollard, Robert W. Pollard, Jr., Patricia D. Pollard, Zachary Duncan Pollard, Ann Elizabeth Pollard, Richard Daniel Blanton, Patricia Pollard Blanton, Thomas Vinson Blanton, II, Jennie Briggs Blanton, Clayton Edward Blanton, Lee Blanton West, Levi Anderson Pollard, V, Levi Anderson Pollard, VI, Lucy Ann Pollard, Pollard Land Company, all of Appling, Georgia, and Robert William Pollard, III, Evans, Georgia, Richard Daniel Blanton, Jr., Carrollton, Georgia, Lynn Pollard Nickerson and Paul Rush Battle, both of Atlanta, Georgia, and RWP, Sr. Enterprises, LLLP, Appling, Georgia, Robert W. Pollard, Jr., Patricia Pollard Blanton, Levi Anderson Pollard, V, and Lynn Pollard Nickerson, general partners), to retain 47.9 percent of Southeastern Bank Financial Corporation, and its subsidiary bank, Georgia Bank & Trust, both of Augusta, Georgia.
Newspaper: Not available
Federal Register: 02/27/2006
SUNTRUST BANK * Branch SunTrust Bank, Atlanta, Georgia, to establish a branch located at 9836 Rea Road, Charlotte, North Carolina, to be known as the Blakeney Office.
Newspaper: 04/23/2006
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
NONE


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

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