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: 10
Federal Reserve Bank of: Kansas City

Filings received during the week ending October 8, 2016

Filer Filing Type Filing Proposal End of Comment Period
BIG MAC BANCSHARES, INC. * 3A5 Big Mac Bancshares, Inc., Hoxie, Kansas, to acquire 100 percent of the voting shares of Financial Shares, Inc., Morland, Kansas, and thereby indirectly acquire Citizens State Bank, Morland, Kansas.
Newspaper: 10/21/2016
Federal Register: 10/21/2016
CITY BANCSHARES, INC. CIC Notification submitted by John R. Hill and Carol J. Hill, both of Fort Scott, Kansas, and Robb B. Hill and Carolyn S. Hill, both of West Des Moines, Iowa, to acquire control of City Bancshares, Inc., parent of City State Bank, both in Fort Scott, Kansas. In addition, David L. Thompson and Sharon K. Thompson, both of Independence, Kansas, to retain shares of City Bancshares, Inc., and be approved as members of the Hill/Thompson group acting in concert.
Newspaper: Not available
Federal Register: 10/24/2016
GOERING MANAGEMENT COMPANY, LLC * 3A3 Goering Management Company, LLC, and Goering Financial Holding Company Partnership, LP, both of Moundridge, Kansas, to acquire additional shares, for a total ownership of up to 65 percent of the voting shares of Bon, Inc., parent of The Citizens State Bank, both in Moundridge, Kansas.
Newspaper: 10/22/2016
Federal Register: 10/17/2016
SUNFLOWER REINCORPORATION SUB, INC. * 3A5
* 3A1
Sunflower Reincorporation Sub, Inc., Salina, Kansas, to become a bank holding company through the acquisition of 100 percent of the voting shares of Sunflower Financial, Inc., parent of Sunflower Bank, NA, both in Salina, Kansas. Immediately thereafter, Sunflower Reincorporation Sub, Inc., Salina, Kansas, to merge with Strategic Growth Bank Incorporated, El Paso, Texas, and its subsidiaries, Strategic Growth Bancorp Incorporated, parent of Capital Bank SSB, both in El Paso, Texas; and First National Bancorp Incorporated, parent of The First National Bank of Santa Fe, both in Albuquerque, New Mexico.
Newspaper: Not available
Federal Register: 11/01/2016


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
NONE


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