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 July 14, 2007

Filer Filing Type Filing Proposal End of Comment Period
ALLIED BANK * Branch Allied Bank, Mulberry, Arkansas, to establish a branch facility to be located at 5719 Kavanaugh Boulevard, Little Rock, Arkansas.
Newspaper: 07/09/2007
Federal Register: Not applicable
CROSS COUNTY BANCSHARES, INC. * 3A3 Cross County Bancshares, Inc., Wynne, Arkansas, to retain control of its ownership interest of up to 6.88 percent of Pinnacle Bancshares, Inc., Bentonville, Arkansas, and thereby indirectly retain control of Pinnacle Bank, Bentonville, Arkansas.
Newspaper: 08/10/2007
Federal Register: 08/13/2007
HERITAGE MANAGEMENT COMPANY, INC. * 3A1 Heritage Management Company, Inc., Washington, Missouri, to become a bank holding company by acquiring 100 percent of United Bank of Chamois, Chamois, Missouri.
Newspaper: 08/03/2007
Federal Register: 08/09/2007
LAWRENCEBURG BANK AND TRUST COMPANY * Branch Lawrenceburg Bank & Trust Company, Harrodsburg, Kentucky, to establish a new main office to be located at 128 South Main Street, Lawrenceburg. The existing main office located at 838 North College Street, Harrodsburg, Kentucky, will become a branch facility.
Newspaper: 07/20/2007
Federal Register: Not applicable
LONOKE BANCSHARES, INC. * 3A3 Lonoke Bancshares, Inc., Lonoke, Arkansas, to acquire additional shares of Central Bank, Little Rock, Arkansas, resulting in ownership of up to 9.65 percent.
Newspaper: 08/17/2007
Federal Register: 08/09/2007
LONOKE BANCSHARES, INC. * 3A3 Lonoke Bancshares, Inc., Lonoke, Arkansas, to retain control of its ownership interest of up to 6.88 percent of Pinnacle Bancshares, Inc., Bentonville, Arkansas, and thereby indirectly retain control of Pinnacle Bank, Bentonville, Arkansas.
Newspaper: 08/17/2007
Federal Register: 08/09/2007


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
FIRST ST BK, CONWAY, ARKANSAS 456045 03/19/2007 07/10/2007 S Int Sm Bank
KING SOUTHERN BK, CHAPLIN, KENTUCKY 909541 04/02/2007 07/10/2007 S Small Bank


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

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