Applications for week ending 07/02/2005

The Federal Reserve Bank of San Francisco

Notice of Formations & Mergers of, & Acquisitions by, BHCs; Change in Bank Control

Week ending 07/02/2005

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

Type	Application	Ending date of comment period
3(a)(1) 4(c)(8)	Beverly Hills Bancorp, Inc., WFC Inc., and Wilshire Acquisitions Corporation, all of Calabasas, California, to become bank holding companies by acquiring 100 percent of First Bank of Beverly Hills, Calabasas, California; and Beverly Hills Bancorp, Inc., and WFC Inc., to engage in nonbanking activities through the acquisition of 100 percent of WCICC Inc., WFICC Inc., Wilshire Mortgage Funding IV, Wilshire Mortgage Funding V, and Wilshire Mortgage Funding VI, all of Calabasas, California.*	Newspaper – 07/25/2005 Fed Reg – 07/30/2005
CIC	Notice by Michael Joseph Goldfarb to retain his ownership in Foundation Bancorp, Inc., and thereby indirectly retain his ownership in Foundation Bank, both of Bellevue, Washington.*	Newspaper – 07/06/2005 Fed Reg – 07/19/2005
* 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 Notice Only

Type	Application	Ending date of comment period
4(c)(8)	Discovery Bancorp, San Marcos, California, to acquire Celtic Capital Corporation, Santa Monica, California, and thereby engage in extending credit and servicing loans, pursuant to section 225.28(b)(1) of Regulation Y.	Fed Reg – 07/26/2005
* 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 IV - Applications Not Subject to Federal Register Notice or Newspaper Notice

Type	Application
None

Section V - Availability of CRA public 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.

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
808167	North Valley Bank 300 Park Marina Circle Redding, California 96001 530-226-290	02/22/2005	06/30/2005	S	X
33772	Placer Sierra Bank 649 Lincoln Way Auburn, California 95603 530-823-7777	03/14/2005	06/30/2005	S	X
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

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.