Public Information Documents

Actions taken by the Federal Reserve Bank of St. Louis under delegated authority

Bank Branches, Domestic
Simmons Bank, Pine Bluff, Arkansas -- to establish a branch at 86 Stuart Road NE, Cleveland, Tennessee.
- Approved, November 20, 2023
Arvest Bank, Fayetteville, Arkansas -- to establish a branch at 17421 Chenal Parkway, Little Rock, Arkansas.
- Approved, November 17, 2023
Simmons Bank, Pine Bluff, Arkansas -- to establish a branch at 701 East Douglas Avenue, Wichita, Kansas.
- Approved, November 15, 2023
First Horizon Bank, Memphis, Tennessee -- to establish a branch at 10097 Katy Freeway, Houston, Texas.
- Approved, November 13, 2023
FNB Oxford Bank, Oxford, Mississippi -- to establish a branch at 400 Main Street, Water Valley, Mississippi.
- Approved, November 10, 2023
Simmons Bank, Pine Bluff, Arkansas -- to establish a branch at 1200 Grand Boulevard, Kansas City, Missouri.
- Approved, November 6, 2023
First Security Bank, Searcy, Arkansas -- to establish a branch at 151 East County Highway 30A, Santa Rosa Beach, Florida.
- Approved, November 3, 2023
OMB Bank, Springfield, Missouri -- to establish a branch at 8801 Renner Boulevard, Lenexa, Kansas.
- Approved, November 1, 2023
BankFirst Financial Services, Macon, Mississippi -- to establish a branch at 2007 Lincoln Road, Hattiesburg, Mississippi.
- Approved, October 17, 2023
First Bank, Creve Coeur, Missouri -- to establish a branch at 4990 Telephone Road, Ventura, California.
- Approved, October 10, 2023
New Frontier Bank, St. Charles, Missouri -- to establish a branch at 100 Ridgeway Cove Lane, Lake Saint Louis, Missouri.
- Approved, September 18, 2023
Signature Bank of Arkansas, Fayetteville, Arkansas -- to establish a branch at 103 West Emma Avenue, Springdale, Arkansas
- Approved, August 18, 2023
The Peoples Bank, Marion, Kentucky -- to establish a branch at 600 Mammoth Cave Street, Cave City, Kentucky.
- Approved, August 11, 2023
First Savings Bank, Jeffersonville, Indiana -- to establish branches at (1) the corner of Hamburg Pike and Veterans Parkway, Jeffersonville, Indiana; (2) 4909 Old Vincennes Road, Floyd Knobs, Indiana; and (3) 1251 East National Highway, Washington, Indiana.
- Withdrawn, August 7, 2023
Arvest Bank, Fayetteville, Arkansas -- to establish a branch at the northwest corner of Highway 5 and Salem Road, Benton, Arkansas.
- Approved, July 25, 2023
First Bank, Creve Coeur, Missouri -- to establish a branch at 18220 Colima Road, Rowland Heights, California.
- Approved, July 13, 2023
First Horizon Bank, Memphis, Tennessee -- to establish a branch at 3509 Frederica Road, St. Simons Island, Georgia.
- Approved, July 7, 2023
OakStar Bank, Springfield, Missouri -- to establish a branch at 501 Main Street, Grand Junction, Colorado.
- Approved, June 23, 2023
Encore Bank, Little Rock, Arkansas -- to establish a branch at 18 South Markley Street, Greenville, [South Carolina.]
- Approved, June 15, 2023
Peoples Bank, Sheridan, Arkansas -- to establish a branch at 1800 Military Road, Benton, Arkansas.
- Approved, June 1, 2023
First Bank, Creve Coeur, Missouri -- to establish a branch at 2600 Via De La Valle, Del Mar, California.
- Approved, June 1, 2023
The Central Trust Bank, Jefferson City, Missouri -- to establish a branch at 3938 Rainbow Boulevard, Kansas City, Kansas.
- Approved, May 3, 2023
Simmons Bank, Pine Bluff, Arkansas -- to establish a branch at 510 Tillman Street, Memphis, Tennessee.
- Approved, April 17, 2023
Simmons Bank, Pine Bluff, Arkansas -- to establish a branch at 5411 Plaza Drive, Texarkana, Texas.
- Approved, April 10, 2023
Simmons Bank, Pine Bluff, Arkansas -- to establish a branch at 3309 West Camp Wisdom Road, Dallas, Texas.
- Approved, April 10, 2023
Legacy Bank & Trust Company, Mountain Grove, Missouri -- to establish a branch at 5721 North Tarrant Parkway, Fort Worth, Texas.
- Approved, March 23, 2023
OakStar Bank, Springfield, Missouri -- to establish a branch at 1405 North Main Street, Mountain Grove, Missouri.
- Approved, March 22, 2023
Midwest BankCentre, St. Louis, Missouri -- to establish a branch at 10190 West Florissant Road, Dellwood, Missouri.
- Approved, March 9, 2023
The Central Trust Bank, Jefferson City, Missouri -- to establish a branch at 15892 South Ridgeview Road, Olathe, Kansas.
- Approved, March 3, 2023
Simmons Bank, Pine Bluff, Arkansas -- to establish a branch at 201 Franklin Road, Brentwood, Tennessee.
- Approved, February 24, 2023
Simmons Bank, Pine Bluff, Arkansas -- to establish a branch at 2498 West Illinois Avenue, Dallas, Texas.
- Approved, February 22, 2023
Carroll Bank and Trust, Huntingdon, Tennessee -- to establish a branch at 386 West Church Street, Lexington, Tennessee.
- Approved, February 14, 2023
Midland States Bank, Effingham, Illinois -- to establish a branch at 4400 East Lincolnway, Sterling, Illinois.
- Approved, February 3, 2023
Encore Bank, Little Rock, Arkansas -- to establish a branch at 6900 East Layton Avenue, Denver, Colorado.
- Approved, January 31, 2023
Legacy Bank & Trust Company, Mountain Grove, Missouri -- to establish a branch at 437 Coit Road, Plano, Texas.
- Approved, January 12, 2023
Legacy Bank & Trust Company, Mountain Grove, Missouri -- to establish a branch at 17561 Dallas Parkway, Dallas, Texas.
- Approved, January 12, 2023
Legacy Bank & Trust Company, Mountain Grove, Missouri -- to establish a branch at 222 North Detroit Avenue, Tulsa, Oklahoma.
- Approved, January 6, 2023
Bank Holding Companies
Liberty Bancorporation, Inc., Liberty, Illinois -- to merge with North Adams Bancshares, Inc., and thereby indirectly acquire North Adams State Bank, both of Ursa, Illinois.
- Approved, September 29, 2023
Guaranty Capital Corporation, Belzoni, Mississippi -- waiver of application to merge with First American Bancshares, Inc., Iuka, Mississippi, in connection with the merger of First American National Bank, Iuka, Mississippi, with and into Guaranty Bank and Trust Company, Belzoni, Mississippi.
- Granted, September 20, 2023
Edmonton Bancshares, Inc., Edmonton, Kentucky -- waiver of application to merge with Sumner Financial Corporation and thereby indirectly acquire Sumner Bank & Trust Company, both of Gallatin, Tennessee, in connection with the merger of Sumner Bank & Trust Company with and into Edmonton State Bank, Glasgow, Kentucky.
- Granted, September 15, 2023
Janwill Omni Holdings, LLC, Effingham, Illinois -- to become a bank holding company by acquiring voting shares of Omni Bancorp, Inc., and thereby indirectly acquiring Crossroads Bank, Effingham, Illinois.
- Withdrawn, April 14, 2023
MO/ARK Bancshares, Inc., Hollister, Missouri -- to become a bank holding company by acquiring Stone Bancshares, Inc., and thereby indirectly acquiring Stone Bank, both of Mountain View, Arkansas.
- Approved, March 17, 2023
Power Bancshares, Inc., Bradley, Arkansas -- to become a bank holding company by acquiring Community State Bank, Bradley, Arkansas.
- Approved, February 14, 2023
Bradford Bancorp, Inc., Greenville, Illinois -- to merge with Community Bancshares, Inc., and thereby indirectly acquire Community Trust Bank, both of Irvington, Illinois.
- Approved, January 3, 2023
Bank Mergers
Union Bank, Mena, Arkansas -- to merge with First National Bank at Paris, Paris, Arkansas, and retain the acquired facilities as branches.
- Approved, November 14, 2023
Bank of Crockett, Bells, Tennessee -- to merge with Gates Banking and Trust Company, Gates, Tennessee, and to retain the acquired facility as a branch.
- Approved, May 19, 2023
BankOkolona, Okolona, Mississippi -- to purchase certain assets and assume certain liabilities of First Federal Savings and Loan Association, Aberdeen, Mississippi, and to retain the acquired facility as a branch.
- Approved, April 26, 2023
Bank Premises
Citizens Bank & Trust Company, Van Buren, Arkansas -- to increase its investment in bank premises.
- Approved, May 8, 2023
Change In Bank Control
First State Banking Corp, Russellville, Arkansas -- Charles Bowen Blanchard, as trustee of the Blanchard Living Trust, the Kate Elizabeth Blanchard Irrevocable Trust, and the Bowen Dodd Blanchard Irrevocable Trust, all of Russellville, Arkansas, and many more, as part of a family control group acting in concert to retain voting shares of First State Banking Corp and thereby indirectly retain voting shares of First State Bank, Russellville, Arkansas.
- Permitted, November 22, 2023
Legacy BancShares, Inc., Springdale, Arkansas -- Gary C. George LNB Trust, Gary C. George, as trustee, Robin Ann George LNB Trust, Robin Ann George, as trustee, and others, as part of a family control group acting in concert to acquire voting shares of Legacy BancShares, Inc., and thereby indirectly acquire voting shares of Legacy National Bank, Springdale, Arkansas.
- Permitted, November 7, 2023
First Paragould Bankshares, Inc., Paragould, Arkansas -- the Brewer Family Trust, James F. Gramling, individually and as special trustee of the Brewer Family Trust, the William E. Brewer Irrevocable Trust, and others, to retain the voting shares of First Paragould Bankshares, Inc., and thereby retain the voting shares of First National Bank, Paragould, Arkansas.
- Permitted, October 27, 2023
Hutsonville Banc Corp., Hutsonville, Illinois -- William B. Gray, West York, Illinois; Carol R. Gray, Kimberly A. Gray, Andrew B. Gray, Christina L. Callaway, Bruce W. Callaway, and Brooke N. Callaway, all of Hutsonville, Illinois; George J. Abel, Bridgeport, Illinois; and Blake A. Callaway, Robinson, Illinois, as the Gray Family group, a group acting concert, to retain voting shares of Hutsonville Banc Corp. and thereby indirectly retain voting shares of Farmers & Merchants Bank of Hutsonville, Hutsonville, Illinois.
- Permitted, September 20, 2023
Litchfield Bancshares Company, Litchfield, Illinois -- Austin F. Clark, Imperial, Missouri; Dillon C. Clark, Greta J. Fleming, Ellen C. Fleming, and Olivia G. Fleming, all of Litchfield, Illinois, to join the Fleming Family Control Group, a group acting in concert, to retain voting shares of Litchfield Bancshares Company and thereby indirectly retain voting shares of The Litchfield National Bank, Litchfield, Illinois.
- Permitted, July 21, 2023
MNB Bancshares, Inc., Malvern, Arkansas -- Lambert Lynn Marshall, Little Rock, Arkansas, to retain voting shares of MNB Bancshares, Inc., and thereby indirectly retain voting shares of The Malvern National Bank, Malvern, Arkansas
- Permitted, July 18, 2023
Farmers Financial Corporation, Milton, Kentucky -- Ralph M. Pratt, III, individually and as trustee of the Ralph M. Pratt, III Trust and the Minor Daughter Trust, and Jacqueline K. Pratt, all of Prospect, Kentucky; and many more; to become members of the Pratt Family Control Group, a group acting in concert to retain voting shares of Farmers Financial Corporation, and thereby indirectly retain voting shares of The Farmers Bank of Milton, Milton, Kentucky.
- Permitted, May 23, 2023
Bancorp of Okolona, Inc., Okolona, Mississippi -- the Steven M. Dalton 2012 Gift Trust Fund, Stephen M. Dalton, Jr., individually, and as trustee, all of Sugar Land, Texas; the Everett McCain Dalton 2012 Gift Trust Fund, Everett M. Dalton, individually, and as trustee, and William E. Dalton, Jr., all of Houston, Texas; Elizabeth McCain, Takoma Park, Maryland; James E. McCain, III, Summerfield, Florida; Marguerite M. Lloyd, individually, and as executor of the Estate of Sam Lloyd, both of Sewanne, Tennessee; and Reynolds McCain and Patricia McCain, both of Columbus, Mississippi; to join the McCain Dalton Family Group, a group acting in concert, to retain voting shares of Bancorp of Okolona, Inc., and thereby indirectly retain voting shares of BankOkolona, Okolona, Mississippi.
- Permitted, May 2, 2023
Prime Banc Corp., Effingham, Illinois -- KJ Jansen, LP, and Robert G. Willenborg, individually and as general partner of KJ Jansen, LP, both of Effingham, Illinois; as a group acting in concert, to acquire voting shares of Prime Banc Corp., and thereby indirectly acquire voting shares of Dieterich Bank, Effingham, Illinois.
- Permitted, March 17, 2023
Bradford Bancorp, Inc., Greenville, Illinois -- The James C. Keaster III Revocable Trust, James C. Keaster, as trustee, the Rebecca R. Keaster Revocable Trust, Rebecca R. Keaster, as trustee, and James Keaster IV, all of Greenville, Illinois; Benjamin Keaster, and Marie Keaster, both of Spring Arbor, Michigan; as a group acting in concert, to retain voting shares of Bradford Bancorp, Inc., and thereby indirectly retain voting shares of The Bradford National Bank of Greenville, Greenville, Illinois.
- Permitted, January 3, 2023
Extensions Of Time
The McGehee Bank Employee Stock Ownership Plan, McGehee, Arkansas -- extension to October 14, 2024, to acquire additional direct ownership of Southeast Financial Bankstock Corp. and thereby increase its indirect control of McGehee Bank, both of McGehee, Arkansas.
- Granted, October 23, 2023
INSOUTH Bank, Brownsville, Tennessee -- extension to December 31, 2023, to establish a branch at 1421 Union University Drive, Jackson, Tennessee.
- Granted, September 27, 2023
The Citizens Bank, Batesville, Arkansas -- extension to October 25, 2023, to establish a branch at [2416 Malvern Avenue,] Hot Springs, Arkansas.
- Granted, June 12, 2023
Simmons Bank, Pine Bluff, Arkansas -- extension to December 31, 2023, to establish a branch at 1400 East Harding Avenue, Pine Bluff, Arkansas.
- Granted, May 26, 2023
First Western Bank, Booneville, Arkansas -- extension to May 3, 2023, to establish a branch at 3914 Massard Road, Fort Smith, Arkansas.
- Granted, March 16, 2023
Farmers Bank & Trust Company, Magnolia, Arkansas -- extension to June 15, 2023, to establish a branch at 3000 Lamar Avenue, Paris, Texas.
- Granted, March 15, 2023
Armor Bank, Forrest City, Arkansas -- extension to November 13, 2023, to establish a branch at 1100 South 52nd Street, Rogers, Arkansas.
- Granted, March 13, 2023
Farmers and Merchants Bank, Baldwyn, Mississippi -- extension to August 14, 2023, to establish a temporary branch at 100 Interchange Drive, and a permanent branch at 418 Interchange Drive, both of Fulton, Mississippi.
- Granted, February 28, 2023
Southern Bancorp Bank, Arkadelphia, Arkansas -- extension to April 13, 2023, to merge with Premier Bank of Arkansas, Jonesboro, Arkansas, and to retain the acquired facilities as branches.
- Granted, January 18, 2023
Arvest Bank, Fayetteville, Arkansas -- extension to July 21, 2023, to establish a branch at the corner of Highway 49 and Canera Drive, Jonesboro, Arkansas.
- Granted, January 18, 2023
Membership
Stone Bank, Mountain View, Arkansas -- to become a member of the Federal Reserve System.
- Approved, October 20, 2023
The First National Bank in Carlyle, Carlyle, Illinois -- to become a member of the Federal Reserve System.
- Approved, October 17, 2023
Merchants & Farmers Bank, Dumas, Arkansas -- to become a member of the Federal Reserve System.
- Approved, August 29, 2023
CS Bank, Eureka Springs, Arkansas -- to become a member of the Federal Reserve System.
- Approved, August 7, 2023
Bank of Winona, Winona, Mississippi -- to become a member of the Federal Reserve System.
- Approved, July 27, 2023
Anstaff Bank, Green Forest, Arkansas -- to become a member of the Federal Reserve System.
- Approved, June 14, 2023
RiverWind Bank, Augusta, Arkansas -- to become a member of the Federal Reserve System.
- Approved, May 4, 2023
Chambers Bank, Danville, Arkansas -- to become a member of the Federal Reserve System.
- Approved, March 14, 2023
Signature Bank of Arkansas, Fayetteville, Arkansas -- to become a member of the Federal Reserve System.
- Approved, February 23, 2023
Bank of Kilmichael, Kilmichael, Mississippi -- to become a member of the Federal Reserve System.
- Approved, February 21, 2023
Financial Holding Companies
Nemo Bancshares, Inc., Madison, Missouri -- election to become a financial holding company.
- Effective, August 16, 2023
Newburg Insurance Agency, Inc., Rolla, Missouri -- election to become a financial holding company.
- Effective, March 13, 2023
Taylor County Bancshares, Inc., Campbellsville, Kentucky -- election to become a financial holding company.
- Effective, January 11, 2023

Last Update: November 30, 2023