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 April 9, 2016

Filer

Filing Type

Filing Proposal

End of Comment Period

AMERI FINANCIAL GROUP, INC.

* 3A1

Ameri Financial Group, Inc., Stillwater, Minnesota, to become a bank holding company by acquiring 100 percent of Eagle Valley Bank, National Association, Saint Croix Falls, Wisconsin.

Newspaper:	04/25/2016
Federal Register:	04/15/2016

FORSTROM BANCORPORATION, INC.

CIC

The Philip Ray Forstrom 2012 Irrevocable Trust [SLAT-1] under agreement dated December 6, 2012, Henderson, Nevada; Marsha Ann Forstrom, Henderson, Nevada, as co-trustee and individually, and Perry Forstrom, Henderson, Nevada, co-trustee; and the Marsha Ann Forstrom 2012 Irrevocable Trust [SLAT-1] under agreement dated December 26, 2012, Henderson, Nevada, Philip R. Forstrom, Henderson, Nevada, and John Forstrom, Independence, Minnesota, co-trustees, to retain voting shares of Forstrom Bancorporation, Inc., Clara City, Minnesota, and thereby join the Forstrom family shareholder group, which controls 100% of Forstrom Bancorporation, Inc. and thereby indirectly controls Citizens Alliance Bank, Clara City, Minnesota, and First Bank of Lincoln, Lincoln, Montana.

Newspaper:	Not available
Federal Register:	04/28/2016

H & W HOLDING COMPANY

CIC

Theodore J. Hofer Family Trust, Freeman, South Dakota (Emily M. Hofer, Freeman, South Dakota, Trustee), and Emily M. Hofer, individually and as trustee of the Theodore J. Hofer Family Trust and the Cynthia L. Hofer Living Trust, Freeman, South Dakota, to retain 25 percent or more of the shares of H & W Holding Company, Freeman, South Dakota, and thereby indirectly retain control of Merchants State Bank, Freeman, South Dakota.

Newspaper:	Not available
Federal Register:	04/22/2016

NORTH AMERICAN BANKING COMPANY

* Branch

North American Banking Company, Roseville, Minnesota, to establish a branch facility to be located at 441 Highway 96 West, Shoreview, Minnesota.

Newspaper:	Not available
Federal Register:	Not applicable

PEMBINA COUNTY BANKSHARES, LTD.

CIC

Douglas M. Taylor Bemidji, Minnesota, individually and as trustee of Citizens State Bank Midwest 401(k) Profit Sharing Plan, Cavalier, North Dakota, and as part of a group acting in concert with the Profit Sharing Plan, Nancy R. Helling, Saint Cloud, Minnesota, and Ramona D. Taylor Vosper, Neche, North Dakota, to acquire 10 percent or more of the shares of Pembina County Bankshares, Ltd., Cavalier, North Dakota, and thereby gain control of Citizens State Bank ? Midwest, Cavalier, North Dakota

Newspaper:	Not available
Federal Register:	Not available

PEOPLES STATE BANK OF PLAINVIEW

* 18C
* Branch

Peoples State Bank of Plainview, Plainview, Minnesota, to merge with Altura State Bank, Altura, Minnesota, and incident thereto, establish a branch.

Newspaper:	Not available
Federal Register:	Not applicable

QUALITY BANKSHARES, INC.

CIC

Change in Control Notice by Ernest E. Erickson, Page, North Dakota, to acquire 25 percent or more of the shares of Quality Bankshares, Inc., Page, North Dakota, and thereby indirectly gain control of Quality Bank, Fingal, North Dakota.

Newspaper:	04/20/2016
Federal Register:	04/07/2016

UNITED BANKERS' BANCORPORATION, INC

4c8
* 3A5
* 18C
* Branch

United Bankers' Bancorporation, Inc., Bloomington, Minnesota, to merge with Bankers Bancshares, Inc., Worthington, Ohio, and thereby indirectly acquire, Great Lakes Bankers Bank, Worthington, Ohio. In addition, United Bankers' Bank, Bloomington, Minnesota, intends to merge with Great Lake Bankers Bank, Worthington, Ohio, and United Bankers' Bancorporation, Inc., Bloomington, Minnesota, to acquire 100 percent of Great Lakes Banc Consulting, Inc., Worthington, Ohio, and thereby engage, in permissible non-banking activities.

Newspaper:	Not available
Federal Register:	05/02/2016

VERMILLION BANCSHARES, INC.

CIC

Change in Control Notice by James Poepl, Hastings, Minnesota, Jacob Poepl, Hastings, Minnesota and Matthew Poepl, St Paul, Minnesota to retain and acquire shares of Vermillion Bancshares, Inc., Vermillion, Minnesota, and thereby join the Poepl Family Group that controls 100 percent of the shares of Vermillion Bancshares, Inc, Vermillion, Minnesota and thereby indirectly controls Vermillion State Bank, Vermillion, Minnesota.

Newspaper:	Not available
Federal Register:	04/15/2016

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
1ST BK, BROADUS, MONTANA	564856	12/01/2015	03/01/2016	S	Small Bank
BELT VALLEY BK, BELT, MONTANA	223751	12/01/2015	03/02/2016	S	Small Bank
MERCHANTS ST BK, FREEMAN, SOUTH DAKOTA	289757	11/17/2015	02/24/2016	S	Small Bank

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 April 9, 2016

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 9
Federal Reserve Bank of: Minneapolis