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 January 28, 2012

Filer

Filing Type

Filing Proposal

End of Comment Period

LAKE CENTRAL FINANCIAL, INC.

CIC

Change in Control Notice by Bryan Bruns, Annandale, Minnesota, to acquire 10 percent or more of the voting shares of Lake Central Financial, Inc., Annandale, Minnesota, and thereby indirectly gain control of Annandale State Bank, Annandale, Minnesota. In addition, Dwight and Leonetta Bruns, Dean and Cheryl Bruns, and Ricky and Renee Walberg, all of Annandale, Minnesota, to acquire voting shares and thereby join the Bruns Family Group, a group acting in concert, which controls Lake Central Financial, Inc., Annandale, Minnesota.

Newspaper:	Not available
Federal Register:	02/14/2012

MINNDAK BANCSHARES INC.

* 3A1

MinnDak Bancshares, Inc., Park Rapids, Minnesota, to become a bank holding company by acquiring 100 percent of Kent Bancshares, Inc., Kent, Minnesota, and thereby indirectly acquire Kent State Bank, Kent, Minnesota.

Newspaper:	Not available
Federal Register:	02/21/2012

SAINT PETER AGENCY, INC.

CIC

Change in control notice by Samuel B. Gault, Saint Peter, Minnesota, and Lisa R. Gault, Chaska, Minnesota, each to acquire 25% or more of the shares of Saint Peter Agency, Inc., Saint Peter, Minnesota, and thereby indirectly acquire control of The Nicollet County Bank of Saint Peter, Saint Peter, Minnesota.

Newspaper:	Not available
Federal Register:	02/07/2012

STATE BANKSHARES, INC.

* 3A3

State Bankshares, Inc., Fargo, North Dakota, to acquire 100% of First Hawley Bancshares, Inc., Hawley, Minnesota, and thereby indirectly gain control of First National Bank, Hawley, Minnesota.

Newspaper:	Not available
Federal Register:	02/21/2012

VALLEY BANCSHARES, INC.

CIC

Change in Control Notice by Mark L. Hensley, Kalispell, Montana, Daniel J. Hensley, Kalispell, Montana, and Joan C. Hensley Brennan, Kirkland, Washington, as proposed general partners of the Hensley Family Limited Partnership, Kalispell, Montana, to gain control of Valley Bancshares, Inc., Kalispell, Montana, and thereby indirectly gain control of Valley Bank of Kalispell, Kalispell, Montana.

Newspaper:	Not available
Federal Register:	02/13/2012

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

* Subject to the provisions of the Community Reinvestment Act

District: 9 Federal Reserve Bank of: Minneapolis

Filings received during the week ending January 28, 2012

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 9
Federal Reserve Bank of: Minneapolis