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: 10
Federal Reserve Bank of: Kansas City

Filings received during the week ending May 26, 2018

Filer Filing Type Filing Proposal End of Comment Period
ARKANSAS VALLEY BANCSHARES, INC. CIC Kelley A. Rash, Broken Arrow, Oklahoma, to acquire voting shares of Arkansas Valley Bancshares, Inc., Broken Arrow, Oklahoma. In addition, Sally G. Wilton, Oklahoma City, Oklahoma, Kerry K. Kimbrough, Broken Arrow, Oklahoma, Sara N. Cruncleton, Tulsa, Oklahoma, Cooper N. Rash, Broken Arrow, Oklahoma, Henry G. Wilton, Austin, Texas, Samuel W. Wilton, Oklahoma City, Oklahoma, the Kerry K. Kimbrough Revocable Trust, Broken Arrow, Oklahoma, the Neely W. Kimbrough Revocable Trust, Broken Arrow, Oklahoma, the Kelley Rash Living Trust, Broken Arrow, Oklahoma, the Kelley Rash Trust B, Broken Arrow, Oklahoma, the Cooper Nakai Rash AVB Trust B, Broken Arrow, Oklahoma, the Sally Wilton Revocable Trust, Oklahoma City, Oklahoma, the Sally Wilton Trust B, Oklahoma City, Oklahoma, the Estelle Brown Family Trust #5, Oklahoma City, Oklahoma, and the Estelle Brown Family Trust #6, Oklahoma City, Oklahoma for permission to become members of the Kimbrough Family group which controls more than 25 percent of Arkansas Valley Bancshares, Inc., Broken Arrow, Oklahoma. Arkansas Valley Bancshares, Inc. controls AVB Bank, Broken Arrow, Oklahoma.
Newspaper: Not available
Federal Register: Not available
PROTECTION BANK HOLDING COMPANY, INC., THE CIC The Merle Wait Trust, Protection, Kansas, and co-trustees Brenda Martin and Candace Murphy, Protection, Kansas, Merle Wait, Jr., Watauga, Texas, and Elaine Philips, Arkansas City, Kansas, to acquire voting shares of The Protection Bank Holding Company, Inc., Protection, Kansas, and to be approved as members of the Wait Family Control Group. The Protection Bank Holding Company, Inc. controls, The Bank of Protection, Protection, Kansas. Additionally, Tom Murphy and Hilary Murphy, both of Protection, Kansas, to be approved as members of the Wait Family Control Group.
Newspaper: Not available
Federal Register: 06/05/2018
QUAIL CREEK BANCSHARES, INC. CIC Patsy Ruth Davenport and David Mark Davenport, individually, of Oklahoma City, Oklahoma, to retain control of Quail Creek Bancshares, Inc., Oklahoma City, Oklahoma. In addition, the GST Exemption Residuary Share Trust, the Patsy Ruth Davenport Non-Exempt QTIP Trust, the Patsy Ruth Davenport GST Exempt QTIP Trust, the QCB Separate Share Trust f/b/o Mark Davenport, the QCB Separate Share Grandchild's Trust f/b/o Ashley Davenport, the QCB Separate Share Grandchild's Trust f/b/o Christina Davenport, the QCB Separate Share Grandchild's Trust f/b/o Lindsey Duran, the QCB Separate Share Grandchild's Trust f/b/o Alexis Lavender, David Mark Davenport, individually and as trustee of the GST Exemption Residuary Share Trust, the Patsy Ruth Davenport Non-Exempt QTIP Trust, and the Patsy Ruth Davenport GST Exempt QTIP Trust, Patsy Ruth Davenport, as trustee of the GST Exemption Residuary Share Trust, the Patsy Ruth Davenport Non-Exempt QTIP Trust, and the Patsy Ruth Davenport GST Exempt QTIP Trust, and Richard Allen Goranson, as trustee of the QCB Separate Share Trust f/b/o Mark Davenport, the QCB Separate Share Grandchild's Trust f/b/o Ashley Davenport, the QCB Separate Share Grandchild's Trust f/b/o Christina Davenport, the QCB Separate Share Grandchild's Trust f/b/o Lindsey Duran, and the QCB Separate Share Grandchild's Trust f/b/o Alexis Lavender, all of Oklahoma City, Oklahoma, to acquire voting shares of Quail Creek Bancshares, Inc., Oklahoma City, Oklahoma, and be approved as members of the Davenport Family Group acting in concert, which controls the company. Quail Creek Bancshares, Inc. controls Quail Creek Bank, National Association, of Oklahoma City, Oklahoma.
Newspaper: 06/11/2018
Federal Register: 06/07/2018


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 Third Quarter of 2018 (July 1, 2018 - September 30, 2018) and Fourth Quarter of 2018 (October 1, 2018 - December 31, 2018)

Institution Location Quarter
ADAMS B&TC OGALLALA, NEBRASKAThird Quarter of 2018
ALLNATIONS BK CALUMET, OKLAHOMAThird Quarter of 2018
BANK 7 OKLAHOMA CITY, OKLAHOMAThird Quarter of 2018
BANK OF ELGIN ELGIN, NEBRASKAThird Quarter of 2018
CITIZENS BK OF KS KINGMAN, KANSASThird Quarter of 2018
FIRST BK UTICA, NEBRASKAThird Quarter of 2018
FIRST ST BK IN TEMPLE TEMPLE, OKLAHOMAThird Quarter of 2018
FNB CMNTY BK MIDWEST CITY, OKLAHOMAThird Quarter of 2018
FRAZER BK ALTUS, OKLAHOMAThird Quarter of 2018
LUSK ST BK LUSK, WYOMINGThird Quarter of 2018
NBH BK GREENWOOD VILLAGE, COLORADOThird Quarter of 2018
SECURITY BK TULSA, OKLAHOMAThird Quarter of 2018
SMALL BUS BK LENEXA, KANSASThird Quarter of 2018
AMERICAN BK OF BAXTER SPRINGS BAXTER SPRINGS, KANSASFourth Quarter of 2018
BANK OF BLUE VALLEY OVERLAND PARK, KANSASFourth Quarter of 2018
BANK OF BURLINGTON BURLINGTON, COLORADOFourth Quarter of 2018
BANK OF HARTINGTON HARTINGTON, NEBRASKAFourth Quarter of 2018
CORNERSTONE BK OVERLAND PARK, KANSASFourth Quarter of 2018
EXCHANGE BK OF MO FAYETTE, MISSOURIFourth Quarter of 2018
FARMERS ST BK QUINTON, OKLAHOMAFourth Quarter of 2018
FIRST NE BK VALLEY, NEBRASKAFourth Quarter of 2018
FIRST NORTHEAST BK OF NE LYONS, NEBRASKAFourth Quarter of 2018
PEOPLES BK PRATT, KANSASFourth Quarter of 2018
SWEDISH-AMERICAN ST BK COURTLAND, KANSASFourth Quarter of 2018

* 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