Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

District: 8
Federal Reserve Bank of: St. Louis

Filings received during the week ending August 1, 2009

Filer Filing Type Filing Proposal End of Comment Period
BUSINESS BANCSHARES, INC. 4c8 Business Bancshares, Inc., Clayton, Missouri, to engage in lending activities through its subsidiary, Meramec Assets, LLC, Clayton, Missouri.
Newspaper: Not applicable
Federal Register: Not applicable
CENTENNIAL BANK * Branch Centennial Bank, Conway, Arkansas, to establish a mobile branch in Saline County, Arkansas.
Newspaper: 08/05/2009
Federal Register: Not applicable
SOUTHERN BANCORP, INC * 3A5 Southern Bancorp, Inc., Arkadelphia, Arkansas, to acquire through merger, First Delta Bankshares, Inc., Blytheville, Arkansas, and thereby indirectly acquire Bank of Trumann, Trumann, Arkansas, and First National Bank in Blytheville, Blytheville, Arkansas.
Newspaper: 08/28/2009
Federal Register: 08/28/2009
ST. JACOB BANCSHARES, INC. * 3A1 St. Jacob Bancshares, Inc., St. Jacob, Illinois, to become a bank holding company by acquiring 100 percent of State Bank of St. Jacob, St. Jacob, Illinois.
Newspaper: 08/31/2009
Federal Register: 08/27/2009


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.

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.
 
Institution / Location
RSSD
ID
 
Exam Date
CRA
Public Date
CRA
Rating
Exam Method
ARVEST BK, FAYETTEVILLE, ARKANSAS 311845 11/03/2008 07/10/2009 S Large Bank
CAPITAL BK, LITTLE ROCK, ARKANSAS 2594240 01/26/2009 06/18/2009 S Small Bank
COMMUNITY BK, LEXINGTON, TENNESSEE 361279 03/23/2009 06/29/2009 S Small Bank
MID AMERICA B&TC, DIXON, MISSOURI 894151 03/23/2009 07/13/2009 S Small Bank


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

* Subject to the provisions of the Community Reinvestment Act

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco