| Notice
of Formations & Mergers of, & Acquisitions by, BHCs; Change in Bank Control
Week ending 07/01/2000
| Type |
Application |
Ending date of comment period |
| Branch |
Farmers & Merchants Bank of Rockford, Spokane, Washington,
to establish a branch office at Country Vista Drive and Liberty Lake
Road, Liberty Lake, Washington. * |
Newspaper - 06/30/2000 |
| Branch |
Westamerica Bank, San Rafael, California, to establish
a branch office at 3499 Brookside Road, Stockton, California. * |
Newspaper - 07/07/2000 |
| Type |
Application |
Ending date of comment period |
| 3(a)(5) |
Wells Fargo & Company, San Francisco, California, to
acquire First Security Corporation, Salt Lake City, Utah, and thereby
indirectly acquire its wholly-owned bank and nonbank subsidiaries.
* |
Newspaper - 07/31/2000
Fed Reg - N/Avail |
| CIC |
Alan E. Knudson and the Knudson Family Limited Partnership,
Draper, Utah, to retain voting shares of Silver State Bancorp, and
thereby indirectly retain voting shares of Silver State Bank, both
of Henderson, Nevada. * |
Newspaper - 05/19/2000
Fed Reg - 07/17/2000 |
| 3(a)(3) |
Eggemeyer Advisory Corp., WJR Corp., Castle Creek Capital,
LLC, Castle Creek Capital Partners Fund I, LP, Castle Creek Capital
Partners Fund IIa, LP, and Castle Creek Capital Partners Fund IIb,
LP, all of Rancho Santa Fe, California, to acquire more than 5 percent
of Ruidoso Bank Corporation and thereby indirectly acquire Ruidoso
State Bank, both of Ruidoso, New Mexico. * |
Newspaper - 07/28/2000
Fed Reg - 07/31/2000 |
| 3(a)(5) |
Heritage Commerce Corp., San Jose, California, to merge
with Western Holdings Bancorp, and thereby acquire Bank of Los Altos,
both of Los Altos, California. * |
Newspaper - 08/04/2000
Fed Reg - N/Avail |
| Type |
Application |
Ending date of comment period |
| 4(c)(8) |
Zions Bancorporation, Salt Lake City, Utah, to acquire
Garban-Intercapital plc, London, England, and thereby engage in brokerage
activities. |
Fed Reg - 07/19/2000 |
| Type |
Application |
Ending date of comment period |
| 4(c)(8) |
CPB, Inc., Honolulu, Hawaii, to engage in the activities
of providing loans and other extensions of credit through CPB Real
Estate, Inc., Honolulu, Hawaii. |
|
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.
The federal bank regulators use the following four 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:
RSSD
number |
Institution/Location |
Examination
date |
CRA
public date |
CRA
rating |
Exam type
Lrg Bk Sm Bk |
| 2717012 |
Pacific Mercantile Bank
50 Newport Center,
Suite 100
Newport Beach, CA 92660
(949) 644-8040 |
02/21/2000 |
06/27/2000 |
S |
X |
Section VI - CRA Examinations Scheduled
None.
*Subject to CRA.
|
