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 November 22, 2014

Filer

Filing Type

Filing Proposal

End of Comment Period

CENTRAL BANK CORPORATION

4c8

Central Bank Corporation, Sault Sainte Marie, Michigan, through its wholly-owned subsidiary, Central Savings Bank, Sault Sainte Marie, Michigan, indirectly through its subsidiary Central Financial Corporation, Sault Sainte Marie, Michigan, proposes to purchase between 10 and 20 percent of the stock of Lasco Development Corporation, Marquette Michigan.

Newspaper:	Not applicable
Federal Register:	Not available

DEERWOOD BANCSHARES, INC.

* 3A1
* 3A3

Deerwood Bancshares, Inc., Deerwood, Minnesota, through its subsidiary bank, Deerwood Bank, Deerwood, Minnesota, to acquire 100% of American Bank of Saint Paul, Saint Paul, Minnesota.

Newspaper:	Not available
Federal Register:	12/08/2014

FIRST NATIONAL BANK IN WADENA EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST, THE

* 3A3

First National Bank in Wadena Employee Stock Ownership Plan and Trust, Wadena, Minnesota, to retain 30.95% of the shares of FNB Acquisition Holding Corporation, Wadena, Minnesota, and thereby retain indirect ownership in The First National Bank in Wadena, Wadena, Minnesota. FNB Acquisition Holding Corporation owns 100% of First National Agency of Wadena, Inc., Wadena, Minnesota, which, in turn, owns 100% of The First National Bank in Wadena.

Newspaper:	Not available
Federal Register:	12/23/2014

PEOPLES STATE BANCORP, INC.

4c8

Peoples State Bancorp, Inc., Munising, Michigan, through its subsidiary, Peoples State Bank of Munising, proposes to reduce its ownership in Lasco Development Corporation, Marquette Michigan, to less than 100%.

Newspaper:	Not applicable
Federal Register:	12/09/2014

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 First Quarter of 2015 (January 1, 2015 - March 31, 2015)

Institution	Location
1ST BK	SIDNEY, MONTANA
FARMERS ST BK OF DENTON	DENTON, MONTANA
FIRST BK BLUE EARTH	BLUE EARTH, MINNESOTA
PEOPLES ST BK OF PLAINVIEW	PLAINVIEW, MINNESOTA
ROOT RIVER ST BK	CHATFIELD, MINNESOTA
STOCKMENS BK	CASCADE, MONTANA

* Subject to the provisions of the Community Reinvestment Act

District: 9 Federal Reserve Bank of: Minneapolis

Filings received during the week ending November 22, 2014

Availability of CRA Public Evaluations

CRA Examinations scheduled for First Quarter of 2015 (January 1, 2015 - March 31, 2015)

District: 9
Federal Reserve Bank of: Minneapolis