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

District: 8
Federal Reserve Bank of: St. Louis

Filings received during the week ending July 16, 2016

Filer

Filing Type

Filing Proposal

End of Comment Period

FIRST STATE BANKING CORP

CIC

Notice by Janive Blanchard, Russellville, Arkansas, as trustee of the Blanchard Living Trust; Charles Bowen Blanchard, Russellville, Arkansas; Charles H. Blanchard, Russellville, Arkansas; Cynthia Blanchard, Russellville, Arkansas, individually and as co-trustee of the William H. Bowen Share No. 2 Trust, the William H. Bowen Exempt Share No. 1 QTIP Trust, and the William H. Bowen Nonexempt Share No. 1 QTIP Trust; Mary P. Hardman, Fayetteville, Arkansas, individually and as co-trustee of the William H. Bowen Share No. 2 Trust, the William H. Bowen Exempt Share No. 1 QTIP Trust, and the William H. Bowen Nonexempt Share No. 1 QTIP Trust; and W. Scott Bowen, as co-trustee of the William H. Bowen Share No. 2 Trust, the William H. Bowen Exempt Share No. 1 QTIP Trust, and the William H. Bowen Nonexempt Share No. 1 QTIP Trust, to collectively acquire control of more than 25 percent of First State Banking Corporation, Russellville, Arkansas.

Newspaper:	07/20/2016
Federal Register:	07/28/2016

MAGNOLIA BANKING CORPORATION

CIC

Notice by a family control group, to collectively acquire an additional 0.72 percent of the shares and thereby retain control of more than 25 percent of Magnolia Banking Corporation, Magnolia, Arkansas. The family control group consists of Mary W. Harsh, Magnolia, Arkansas, individually and as trustee of the Mary W. Harsh Revocable Trust; Nina Marie Harsh Burns, Magnolia, Arkansas, individually and as trustee of the Molly Burns Nonexempt Trust, the Nina Marie (Molly) Harsh Burns Revocable Trust, the Mary W. Harsh 2005 Family Trust, the Mary W. Harsh 2002 Family Trust, the Robert Samuel Burns Exempt Trust, the Rebecca M. Burns Gosnell Exempt Trust, and the Mary Elizabeth Burns Anderson Exempt Trust; Amy H. Sixbey, Roland, Arkansas, individually and as trustee of the Amy Sixbey Nonexempt Trust, the Mary W. Harsh 2005 Family Trust, the Mary W. Harsh 2002 Family Trust, the Mary Elizabeth Sixbey Exempt Trust, and the Annie Alexander Sixbey Exempt Trust; Roxana Whitner, Hot Springs Village, Arkansas, as trustee of the Roxana Harsh Whitner Revocable Trust, the Roxana Whitner Nonexempt Trust, the Mary W. Harsh 2005 Family Trust, the Mary W. Harsh 2002 Family Trust, John Douglas Whittemore Exempt Trust, the Jessica Grayson Luther Exempt Trust, the Julia Roxana Kirk Exempt Trust, the Mary Jane Platt Exempt Trust, the Jessica Grayson Luther Revocable Trust, and the John Douglas Whittemore Revocable Trust; Robert L. Burns, Magnolia, Arkansas, individually and as trustee of the Robert L. Burns Revocable Trust; Pat Sixbey, Roland, Arkansas, individually and as trustee of the Mary Elizabeth Sixbey Trust, the Annie Alexander Sixbey Trust, and the Amy Harsh Sixbey 2009 Irrevocable Trust; Robert S. Burns, Magnolia, Arkansas, as trustee of the Robert Samuel Burns Revocable Trust, and the Bob and Molly Burns Family Irrevocable Trust; Mary Elizabeth Burns, trustee of the Mary Elizabeth Burns Revocable Trust and the Bob and Molly Burns Family Irrevocable Trust; and Rebecca M. Burns, trustee of the Rebecca M. Burns Revocable Trust, and the Bob and Molly Burns Family Irrevocable Trust.

Newspaper:	Not available
Federal Register:	08/04/2016

SOUTHERN BANCORP BANK

* Branch

Southern Bancorp Bank, Arkadelphia, Arkansas, to establish a branch facility to be located at 502 East Main, Gurdon, Arkansas.

Newspaper:	08/01/2016
Federal Register:	Not applicable

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

District: 8 Federal Reserve Bank of: St. Louis

Filings received during the week ending July 16, 2016

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 8
Federal Reserve Bank of: St. Louis