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 22, 2009

Filer Filing Type Filing Proposal End of Comment Period
ARVEST BANK * 18C
* Branch
Arvest Bank, Fayetteville, Arkansas, to purchase certain assets and assume certain deposits and liabilities of the Johnson County, Kansas branch offices of Los Padres Bank, Solvang, California, and to retain the acquired facilities as branch offices.
Newspaper: 09/17/2009
Federal Register: Not applicable
CITIZENS STATE BANKSHARES OF BALD KNOB, INC. CIC Notice by Larry E. Kircher, Trustee of the Larry E. Kircher Revocable Trust, 4/12/07, and Molly H. Kircher, Trustee of the Molly H. Kircher Revocable Trust, 4/12/07, all of Bald Knob, Arkansas, acting in concert to retain control of Citizens State Bankshares of Bald Knob, Inc., Bald Knob, Arkansas.
Newspaper: 09/09/2009
Federal Register: Not available
FARMERS & MERCHANTS BANCORP, INC. * 3A1 Farmers and Merchants Bancorp, Inc., Hannibal, Missouri, to become a bank holding company through the conversion of its thrift subsidiary, F&M Bank and Trust Company, Hannibal, Missouri, into a state nonmember bank.
Newspaper: 09/12/2009
Federal Register: 09/14/2009
PETIT JEAN BANCSHARES, INC. CIC Notice by Charles S. Penick, and Mary M. Penick, and the Charles S. Penick Mary M. Penick Revocable Trust, with Charles and Mary Penick as Trustees, both of Morrilton, Arkansas, acting in concert to retain control of Petit Jean Bancshares, Inc., Morrilton, Arkansas.
Newspaper: 09/01/2009
Federal Register: 09/04/2009


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
BAY HERMANN BERGER BK, HERMANN, MISSOURI 1007145 04/13/2009 07/23/2009 S Small Bank
COMMUNITY FIRST BK, CORYDON, INDIANA 77347 05/11/2009 08/10/2009 S Small Bank
SOUTHERN BC BK, RULEVILLE, MISSISSIPPI 973140 04/20/2009 08/07/2009 O Small Bank


CRA Examinations scheduled for Forth Quarter of 2009 (October 1, 2009 - December 31, 2009)

Institution Location
CITIZENS B&TC VAN BUREN, ARKANSAS
CITIZENS BK BATESVILLE, ARKANSAS
FARMERS B&TC MAGNOLIA, ARKANSAS
FIRST FINANCIAL BK EL DORADO, ARKANSAS
HEBER SPRINGS ST BK HEBER SPRINGS, ARKANSAS
LIBERTY BANK OF ARKANSAS JONESBORO, ARKANSAS
MIDWEST BANKCENTRE LEMAY, MISSOURI
OLD MISSOURI BK SPRINGFIELD, MISSOURI
PEOPLES B&TC TROY, MISSOURI
SECURITY BK NEWBERN, TENNESSEE
SIMMONS FIRST BK OF SEARCY SEARCY, ARKANSAS

* 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