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

District: 6
Federal Reserve Bank of: Atlanta

Filings received during the week ending August 26, 2006

Filer

Filing Type

Filing Proposal

End of Comment Period

CORNERSTONE BANCORP, INC.

* 3A1

Cornerstone Bancorp, Inc., to become a bank holding company by acquiring 100 percent of the outstanding shares of Cornerstone Community Bank, both of St. Petersburg, Florida.

Newspaper:	09/20/2006
Federal Register:	09/18/2006

FIRST BALDWIN BANCSHARES, INC.

3A1

First Baldwin Bancshares, Inc., notice to become a bank holding company by acquiring 100 percent of the outstanding shares of First National Bank of Baldwin County, both of Foley, Alabama.

Newspaper:	Not applicable
Federal Register:	Not applicable

Peoples BankTrust, Inc.

3A1

Peoples BankTrust, Inc., notice to become a bank holding company by acquiring 100 percent of the outstanding shares of Peoples Bank & Trust, both of Buford, Georgia.

Newspaper:	Not applicable
Federal Register:	Not applicable

SUN AMERICAN BANK

* 18C

Sun American Bank, Boca Raton, Florida, to acquire certain assets and assume certain liabilities of Beach Bank, North Miami Beach, Florida.

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
NONE

CRA Examinations scheduled for Forth Quarter of 2006 (October 1, 2006 - December 31, 2006)

Institution	Location
ALABAMA EXCH BK	TUSKEGEE, ALABAMA
CITIZENS TR BK	ATLANTA, GEORGIA
FIRST VISION BK OF TN	TULLAHOMA, TENNESSEE
ORION BK	NAPLES, FLORIDA

District: 6 Federal Reserve Bank of: Atlanta

Filings received during the week ending August 26, 2006

Availability of CRA Public Evaluations

CRA Examinations scheduled for Forth Quarter of 2006 (October 1, 2006 - December 31, 2006)

District: 6
Federal Reserve Bank of: Atlanta