Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 8: Federal Reserve Bank of St. Louis PDF
Filings received during the week ending April 26, 2025
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| FIRST BANCORP OF SPARTA, LTD. | Change in Bank Control | Notice by Patricia Aitken, Sparta, Illinois, to retain voting shares of First Bancorp of Sparta, Ltd., and thereby indirectly retain voting shares of The First National Bank of Sparta, both of Sparta, Illinois. | 05/14/2025 | Not available |
| INDEPENDENCE BANCSHARES, INC. | Change in Bank Control | Notice by Independence Bancshares, Inc. Employee Stock Ownership Plan (With 401(k) Provisions), Owensboro, Kentucky, and its Trustees, Gregory Mullican and Phillip Riney, both of Owensboro, Kentucky; Tracy Reid, Prospect, Kentucky; and Tawna Wright and Josh Searcy, both of Calhoun, Kentucky, a group acting in concert, to retain voting shares of Independence Bancshares, Inc., and thereby indirectly retain voting shares of Independence Bank of Kentucky, both of Owensboro, Kentucky | 05/05/2025 | 05/14/2025 |
| LINCOLN COUNTY BANCORP, INC. | Change in Bank Control | Donald E. Thompson Residuary Trust, David W. Thompson, Donald Edward Thompson, and Lee B. Thompson, as trustees, David W. Thompson and Peggy L. Thompson Trust, David W. Thompson and Peggy L. Thompson, as trustees, Donald Edward Thompson Revocable Trust, Donald Edward Thompson, as trustee, Mary Lou Thompson Revocable Trust, Mary Lou Thompson, as trustee, Lee B. Thompson, individually, and Shiloh A. Werkmeister, individually, all of Troy, Missouri, and Amber DE Shafer, individually, Moscow Mills, Missouri, to establish the Thompson Family Control Group, a group acting in concert, to retain voting shares of Lincoln County Bancorp, Inc., Troy, Missouri and thereby indirectly retain voting shares of Peoples Bank & Trust Co., Troy, Missouri, Exchange Bank of Northeast Missouri, Kahoka, Missouri, New Frontier Bank, St. Charles, Missouri, and Peoples Bank of Altenburg, Altenburg, Missouri. | Not available | Not available |
| UNION BANK | * Branch (Domestic) | Union Bank, Mena, Arkansas, to establish a branch facility to be located at 500 West Main Street, Suite 112, Russellville, Arkansas | Not available | Not applicable |
* Subject to the provisions of the Community Reinvestment Act
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 |
|---|---|---|---|---|---|
| ANSTAFF BK, GREEN FOREST, ARKANSAS | 261940 | 02/28/2025 | 11/12/2024 | S | Int Small Bank |
| ARMOR BK, FORREST CITY, ARKANSAS | 168571 | 01/19/2025 | 10/15/2024 | S | Int Small Bank |
| BANK OF FAYETTE CTY, PIPERTON, TENNESSEE | 466754 | 11/02/2024 | 07/22/2024 | S | Int Small Bank |
| CARROLL B&T, HUNTINGDON, TENNESSEE | 541857 | 09/27/2024 | 06/03/2024 | S | Int Small Bank |
| FIRST ST BK, RUSSELLVILLE, ARKANSAS | 114840 | 03/22/2025 | 12/02/2024 | S | Int Small Bank |
| GUARANTY BK, SPRINGFIELD, MISSOURI | 3804535 | 03/31/2024 | 05/01/2023 | S | Int Small Bank |
| OAKSTAR BK, SPRINGFIELD, MISSOURI | 3374412 | 12/19/2022 | 06/13/2022 | S | Int Small Bank |
| PATRIOT BK, MILLINGTON, TENNESSEE | 3120646 | 07/23/2022 | 02/07/2022 | S | Int Small Bank |
| PEOPLES B&TC CO, TROY, MISSOURI | 909055 | 07/28/2024 | 04/22/2024 | S | Int Small Bank |
| SIGNATURE BK, FAYETTEVILLE, ARKANSAS | 3350724 | 02/16/2025 | 10/15/2024 | S | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||