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 September 26, 2009

Filer Filing Type Filing Proposal End of Comment Period
THREE SHORES BANCORPORATION, INC. CIC Prior change in control filed by PCAP Managers, LLC, Parthenon Investors III, L.P., PCAP Associates, J&R Advisors F.F., LLC, J&R Founders Fund II, L.P., and PCAP-SNBT, LLC, all of Boston, Massachusetts, to acquire up to 24.9 percent of the outstanding shares of Three Shores Bancorporation, Inc., and its subsidiary, Seaside National Bank & Trust, both of Orlando, Florida.
Newspaper: 10/10/2009
Federal Register: 10/13/2009
THREE SHORES BANCORPORATION, INC. CIC Prior change in control filed by Lovell Minnick Holdings, LLC, Lovell Minnick Partners, LLC, Lovell Minnick Equity Advisors II, LLC, Lovell Minnick Equity Partners II, L.P., and LM-SNBT, LLC, all of El Segundo, California, to acquire up to 24.9 percent of the outstanding shares of Three Shores Bancorporation, Inc., and its subsidiary, Seaside National Bank & Trust, both of Orlando, Florida.
Newspaper: 10/10/2009
Federal Register: 10/13/2009
USAMERIBANCORP, INC. * 3A3 USAmeriBancorp, Inc., Largo, Florida, to acquire 49.7 percent of the outstanding voting shares of Aliant Financial Corporation, and its subsidiary, Aliant Bank, both of Alexander City, Alabama.
Newspaper: Not available
Federal Register: 09/22/2009


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
PEOPLES SOUTHERN BK, CLANTON, ALABAMA 601733 04/06/2009 09/17/2009 O Small Bank


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

* Subject to the provisions of the Community Reinvestment Act

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