The Federal Reserve Bank of San Francisco
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Notice of Formations & Mergers of, & Acquisitions by, BHCs; Change in Bank Control

Week ending 11/23/2002

  • Section I - Applications Subject to Newspaper Notice Only
  • Section II - Applications Subject to Both Newspaper and Federal Register Notice
  • Section III - Applications Subject to Federal Register Only
  • Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice
  • Section V - Availability of CRA Public Evaluations
  • Section VI - CRA Examinations Scheduled

  • Section I - Applications Subject to Newspaper Notice Only


    Type

    Application
    Ending date of
    comment period
    None    
     


    Section II - Applications Subject to Both Newspaper and Federal Register Notice


    Type

    Application
    Ending date of
    comment period
    CIC Joyce Anne Chiles, Centerville, Washington, William John Firstenburg and Bruce Edward Firstenburg, Vancouver, Washington, to acquire additional voting shares of First Independent Investment Group, Inc., Vancouver, Washington, and thereby indirectly acquire voting shares of First Independent Bank, Vancouver, Washington.* Newspaper - N/Avail
    Fed Reg - 12/03/2002
    3(a)(1) Gold Country Financial Services, Inc., Marysville, California, to become a bank holding company by acquiring 100 percent of Gold Country Bank, N.A., Marysville, California.* Newspaper - 12/23/2002
    Fed Reg - 12/20/2002
    3(a)(1) New CCB, Inc., Sandy, Oregon, to become a bank holding company by acquiring100 percent of CCB Financial Corporation, and its wholly-owned subsidiary, Clackamas County Bank, both of Sandy, Utah. Newspaper - 12/16/2002
    Fed Reg - 12/20/2002
    CIC Ronald Carl Yanke, Bryan Scott Norby, and Daniel Ronald Yanke, all of Boise, Idaho, to increase their ownership of Silver State Bancorp, and thereby indirectly acquire voting shares of Silver State Bank, both of Henderson, Nevada.* Newspaper - N/Avail
    Fed Reg - 12/11/2002
    CIC Thomas Taylor Nicholson and Black Creek Limited Partnership, both of Boise, Idaho, to increase their ownership of Silver State Bancorp, and thereby indirectly acquire voting shares of Silver State Bank, both of Henderson, Nevada.* Newspaper - N/Avail
    Fed Reg - 12/11/2002

    * 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)



    Section III - Applications Subject to Federal Register Only


    Type

    Application
    Ending date of
    comment period

    None

     

     



    Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice

    Type Application

    3(a)(5)(C) First State Bancorp to become a bank holding company by acquiring 100 percent of First State Bank of California, both of Granada Hills, California.  
    3(a)(5)(C) Oregon Pacific Bancorp to become a bank holding company by acquiring 100 percent of Oregon Pacific Banking Company, both of Florence, Oregon.  


    Section V - Publicly Available CRA 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:

    RSSD
    number

    Institution/Location
    Examination
    date
    CRA
    public date
    CRA
    rating
    Exam type
    LrgBk SmBk
    None

     

             

    Section VI - CRA Examinations Scheduled for Quarter of

    Institution Location
    None  

    The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other circumstances.