Notice
of Formations & Mergers of, & Acquisitions by, BHCs
Week ending 6/16/2001
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Type
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Application
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Ending date of
comment period
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Type
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Application
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Ending date of
comment period
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3(a)(1)
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Regents Bancshares, Inc., Vancouver, Washington, to become a bank
holding company by acquiring 100 percent of Regents Bank, N.A.,
La Jolla, California.*
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Newspaper 07/14/2001
Fed Reg 07/13/2001
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3(a)(1)
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Trafalgar Holdings, LLC, Vancouver, Washington, to become a bank
holding company by acquiring 60 percent of Regents Bancshares, Inc.,
Vancouver, Washington.*
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Newspaper 07/14/2001
Fed Reg 07/13/2001
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3(a)(1)
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YNB Financial Services Corp., Yakima, Washington, to become a bank
holding company by acquiring Yakima National Bank, Yakima, Washington.
*
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Newspaper Not Avail
Fed Reg 07/13/2001
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CIC
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Joseph Willy Edmonds, Seattle, Washington, to acquire 11.8 percent
of NWI Financial Corporation, Seattle, Washington.*
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Newspaper 06/25/2001
Fed Reg 07/03/01
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CIC
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Tererence Ray Sullivan, Carol Ann Sullivan, Patrick Sean Sullivan
of Elko, Nevada, Terrance Leroy Sullivan, Deborah Ann Hall, Darren
Eugene Hall, of Twin Falls, Idaho, Terrance Ryan Sullivan, Las Vegas,
Nevada, Gary Phillip Sullivan, Staten Island, New York, Ralph William
Farley and Iris Gertrude Farley, Laguna Woods, California, acting
in concert to acquire up to 25 percent of Great Basin Financial
Corporation, Elko, Nevada.*
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Newspaper Not Avail
Fed Reg Not Avail
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* Subject to the provisions of the Community Reinvestment Act
Fed Reg - Federal Register Comment Period Ending Date
Newspaper - Newspaper Comment Period Ending Date
N/Avail - Not Available (Not yet available; Not available at this
time)
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Type
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Application
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Ending date of
comment period
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Type
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Application
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3(a)(5)(C)
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Clark County Bancorporation, Vancouver, Washington, to become a
bank holding company by acquiring Bank of Clark County, Vancouver,
Washington.
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4(c)(8)
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Intermountain Community Bancorp, Sandpoint, Idaho, to engage in
making, acquiring, brokering or servicing loans or other extensions
of credit for the companys account or for the account of others.
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|
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COM
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First Coastal Bancshares, El Segundo, California, requests relief
of a debt commitment in the amount of $1 million made in connection
with the approval of the 3(a)(1) application to acquire First Coastal
Bank, N.A., El Segundo, California.
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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
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CRA
public date
|
CRA
rating
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Exam type
|
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LrgBk
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SmBk
|
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697763
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Westamerica Bank
4550 Mangels Boulevard
Fairfield, California 94858
(800) 848-1088
|
04/10/2000
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6/12/2001
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S
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The above listing has been prepared as a courtesy by the Federal
Reserve Bank of San Francisco, and is not intended to replace formal
notices required by statute or regulation; the Reserve Bank assumes
no responsibility for errors or omissions.
|
none
Section VI - CRA Examinations Scheduled 1st Quarter
of 2001
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Institution
|
Location
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| none |
*Subject to CRA.
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