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 December 19, 2015

Filer Filing Type Filing Proposal End of Comment Period
BANK OF THE OZARKS INC * 3A5 Bank of the Ozarks, Inc., Little Rock, Arkansas, to merge with C1 Financial Inc., St. Petersburg, Florida, and thereby indirectly acquire C1 Bank, St. Petersburg, Florida.
Newspaper: 01/19/2016
Federal Register: Not available
CENTENNIAL BANK * Branch Centennial Bank, Conway, Arkansas, to establish a branch facility to be located at 17 W. Government Street, Pensacola, Florida.
Newspaper: 12/19/2015
Federal Register: Not applicable
FIRST NATIONAL BANK OF MCGEHEE, THE Member The First National Bank of McGehee (to be renamed First NaturalState Bank), McGehee, Arkansas, to become a member of the Federal Reserve System.
Newspaper: Not applicable
Federal Register: Not applicable
MONTGOMERY BANCORPORATION, INC. CIC Notice by Joel A. Montgomery, Jr., St. Louis, Missouri, as trustee, of the RHM IV 2015 Irrevocable Bank Trust, WJM 2015 Irrevocable Bank Trust, JMF 2015 Irrevocable Bank Trust, and the JAMJR 2015 Irrevocable Bank Trust; and Richard H. Montgomery III, Sikeston, Missouri, as trustee, of the MMM 2015 Irrevocable Bank Trust and RHM III 2015 Irrevocable Bank Trust, to retain and increase control of more than 25 percent of the voting shares of Montgomery Bancorporation, Inc., Sikeston, Missouri.
Newspaper: Not available
Federal Register: 12/31/2015


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