| Notice
of Formations & Mergers of, & Acquisitions by, BHCs; Change in Bank Control
Week ending September 23, 2000
| Type |
Application |
Ending date of comment period |
| None |
|
|
| Type |
Application |
Ending date of comment period |
| 3(a)(3) |
Eggemeyer Advisory Corp., WJR Corp., Castle
Creek Capital LLC, Castle Creek Capital Partners Fund I, LP, Castle
Creek Capital Partners Fund II(a), LP, Castle Creek Capital Partners
Fund II(b), LP, and First Community Bancorp, all of Rancho Santa Fe,
California, to acquire 100 percent of the voting shares of, and thereby
merge with Professional Bancorp, Inc., and to indirectly acquire First
Professional Bank, N.A., both of Santa Monica, California. * |
Newspaper - 10/21/2000
Fed Reg - 10/20/2000
|
* Subject to the provisions of the Community Reinvestment Act Fed Reg -
Federal Register Comment Period Ending Date Newspaper - Newspaper Comment
Period Ending Date
| Type |
Application |
Ending date of comment period |
| 4(c)(8) |
Tehama Bancorp, Red Bluff, California,
to acquire convertible preferred shares of Central Pacific Mortgage
Company, Folsom, California. |
Fed Reg - 10/10/2000 |
Fed Reg - Federal Register Comment Period Ending Date N/Avail - Not Available
(Not yet available; Not available at this time)
| Type |
Application |
Ending date of comment period |
| CDC |
Foothill Independent Bank, Glendora, California,
to make a community development investment in the amount of $64,094,
in Inland Empire Lenders Community Development Corporation, Riverside,
California. |
|
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 |
| 871769 |
Farmers & Merchants Bank of
Long Beach
302 Pine Avenue
Long Beach, CA 90802
(562) 437-0011 |
05/22/2000 |
09/22/2000 |
S |
X
|
Section VI - CRA Examinations Scheduled
None.
*Subject to CRA.
|
