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 March 14, 2009

Filer Filing Type Filing Proposal End of Comment Period
CENTENNIAL BANK * 18C
* Branch
Centennial Bank, Conway, Arkansas, to merge with Centennial Bank, Little Rock, Arkansas, and to retain the acquired facilities as branch offices.
Newspaper: 04/12/2009
Federal Register: Not applicable
CENTENNIAL BANK * 18C
* Branch
Centennial Bank, Conway, Arkansas, to purchase certain assets and assume certain deposits and other liabilities of Twin City Bank, North Little Rock, Arkansas, and to retain the acquired facilities as a branches. Also, Twin City Bank to establish a new main office to be located at 330 Market Street, #438, Rogers, Arkansas.
Newspaper: 04/12/2009
Federal Register: Not applicable
FARMERS AND MERCHANTS BANKSHARES, INC. * 3A3 Farmers & Merchants Bankshares, Inc., Stuttgart, Arkansas, to acquire 100 percent of Lee County Bancshares, Inc., Marianna, Arkansas, and thereby indirectly acquire First National Bank at Marianna, Marianna, Arkansas.
Newspaper: 04/01/2009
Federal Register: Not available
SCOTT MORGAN BANCORP, INC. * 3A1 Scott Morgan Bancorp, Inc., Bluffs, Illinois, to become a bank holding company by acquiring 100 percent of Bank of Bluffs, Bluffs, Illinois.
Newspaper: 04/15/2009
Federal Register: 04/09/2009


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
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