Notice
of Formations & Mergers of, & Acquisitions by, BHCs; Change in Bank
Control
Week ending 10/02/2004
| Type |
Application |
Ending date of
comment period |
18C
Branch |
Placer Sierra Bank,
Auburn, California, to merge with Bank of Lodi, N.A., Lodi, California,
and thereby acquire nine additional branch offices of Bank of Lodi,
N.A.* |
Newspaper – 10/29/2004 |
* Subject to the provisions
of the Community Reinvestment Act
Newspaper - Newspaper Comment Period Ending Date |
| Type |
Application
|
Ending date
of
comment period |
| 3A3 |
Wells Fargo & Company, San
Francisco, California, to acquire First Community Capital Corporation,
Houston, Texas, and thereby indirectly acquire its wholly-owned subsidiaries,
First Community Capital Corporation of Delaware, Inc., Wilmington,
Delaware, First Community Bank N.A., Houston, Texas, First Community
Bank San Antonio N.A., San Antonio, Texas, and First Community Advisors,
Inc., Houston, Texas.* |
Newspaper – 10/01/2004
Fed Reg – 11/08/2004
|
|
* 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 |
| None |
|
|
| |
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 |
| LrgBk |
SmBk |
| None |
|
|
|
|
|
|
|
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.
|
Section VI - CRA Examinations
Scheduled for 4th Quarter of 2004
| 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.
|
