Please accept
this correspondence as First State Bank and Trust Company, Inc.’s
support for the proposed revisions to 12 CFR 345. The proposed
revisions would
raise the asset size threshold
to $1 billion regardless of the size of the holding company, add
a community development activity criterion to the evaluation process,
and would allow for additional credit due to activities in rural
areas.
First State Bank and Trust Company, Inc. is located in a rural area,
and we have always prided ourselves on the involvement that we have
in our local community. The community development activity criterion
would more accurately represent our involvement in the community.
Please accept this correspondence as our support to the current
FDIC proposal.