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: 7
Federal Reserve Bank of: Chicago

Filings received during the week ending July 30, 2011

Filer Filing Type Filing Proposal End of Comment Period
EVANS BANCSHARES, INC. CIC Notice by Paul L. Martin and Pamela J. Martin, Bradenton, Florida, to gain control of Evans Bancshares, Inc., Evansdale, Iowa, and thereby indirectly control Fist Security State Bank, Evansdale, Iowa. Paul and Pamela Martin will collectively increase their ownership from 9.63 percent to 12.43 percent with the purchase of 2000 shares.
Newspaper: Not available
Federal Register: 08/01/2011
NORTHERN TRUST COMPANY, THE * 18C
* Branch 		The Northern Trust Company, Chicago, Illinois, to merge with Northern Trust, National Association, Miami, Florida, and thereby to establish 53 branches.
Newspaper: Not available
Federal Register: Not applicable
NORTHERN TRUST COMPANY, THE * 18C
* Branch 		The Northern Trust Company, Chicago, Illinois, to merge with Northern Trust Bank, FSB, Bloomfield Hills, Michigan, and thereby to establish 13 branches.
Newspaper: Not available
Federal Register: Not applicable
NORTHERN TRUST COMPANY, THE * Branch The Northern Trust Company, Chicago, Illinois, to establish a branch to be located at 800 Connecticut Avenue, NW, Suite #200, Washington, D.C.
Newspaper: Not available
Federal Register: Not applicable
NORTHSTAR FINANCIAL GROUP, INC. 4c8 Northstar Financial Group,Inc., Bad Axe, Michigan, proposes to engage de novo in certain permissible nonbanking activities.
Newspaper: Not applicable
Federal Register: Not available
TOWN AND COUNTRY FINANCIAL CORPORATION CIC Notices by (1) the Henry C. Kirschner Trust B1, the Henry C. Kirschner Trust A2, David E. Kirschner and Margaret Kirschner, individually and as co-trustees of the Henry C. Kirschner Trust B1 and the Henry C. Kirschner Trust A2, the David E. Kirschner Declaration of Trust and David E. Kirschner as trustee, the Margaret Kirschner Declaration of Trust and Margaret Kirschner as trustee, The Noble Foundation, Philip and Cheryl Kirschner, Khajha Kirschner, Pamela Kirschner Bolduc, the Mary C. Kirschner 2007 Trust, and David E. Kirschner as trustee of the Mary C. Kirschner 2007 Trust, to retain, as a group acting in concert, over 25 percent of the voting shares of Town and Country Financial Corporation, Springfield, Illinois, and thereby indirectly retain control of Town and Country Bank, Springfield, Illinois, and Logan County Bank, Lincoln, Illinois;(2) Margaret Kirschner, individually and as trustee and co-trustee of various trusts, to retain over 25% of the voting shares of Town and Country Financial Corporation, Springfield, Illinois, and thereby indirectly retain control of Town and Country Bank, Springfield, Illinois, and Logan County Bank, Lincoln, Illinois; and 3) David E. Kirschner, individually and as trustee and co-trustee of various trusts, to retain over 25% of the voting shares of Town and Country Financial Corporation, Springfield, Illinois, and thereby indirectly retain control of Town and Country Bank, Springfield, Illinois, and Logan County Bank, Lincoln, Illinois.
Newspaper: Not available
Federal Register: 08/11/2011
VILLAGE BANK & TRUST * 18C
* Branch 		Village Bank & Trust Company, Arlington Heights, Illinois, to purchase certain assets and assume certain liabilities of a branch located in 950 West Touhy Avenue, Park Ridge, Illinois, from Northbrook Bank & Trust Company, Northbrook, Illinois, and thereby to establish a branch at the same location.
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
BANK OF GENEVA, GENEVA, INDIANA 590949 11/29/2010 05/09/2011 O Small Bank
CALUMET CTY BK, BRILLION, WISCONSIN 37743 02/07/2011 07/11/2011 S Small Bank
CHELSEA ST BK, CHELSEA, MICHIGAN 711548 09/20/2010 02/10/2010 S Small Bank
FIRST CMNTY B&TC, BEECHER, ILLINOIS 371232 07/12/2010 07/24/2011 S Small Bank
IOWA ST BK, HULL, IOWA 982348 07/19/2010 07/18/2011 S Small Bank
TOWN & CNTRY BK, SPRINGFIELD, ILLINOIS 590248 03/21/2011 07/24/2011 S 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

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Last update: August 04, 2011