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 6075 Poplar Avenue, Memphis, Tennessee.
- Approved, June 16, 2022
Arvest Bank, Fayetteville, Arkansas -- to establish a branch at the southwest corner of Chenal Parkway and St. Vincent Way, Little Rock, Arkansas.
- Approved, June 15, 2022
The Central Trust Bank, Jefferson City, Missouri -- to establish a branch at 1301 Jayhawk Boulevard, Lawrence, Kansas.
- Approved, June 13, 2022
Simmons Bank, Pine Bluff, Arkansas -- to establish branches at 1400 East Harding Avenue, Pine Bluff, Arkansas, and 4134 Elvis Presley Boulevard, Memphis, Tennessee (two applications).
- Approved, June 9, 2022
Fidelity Bank, West Memphis, Arkansas -- to establish a branch at 1015 Highway 64, Wynne, Arkansas.
- Approved, May 27, 2022
Encore Bank, Little Rock, Arkansas -- to establish a branch at 7800 North Dallas Parkway, Plano, Texas.
- Approved, May 25, 2022
First Bank, Creve Coeur, Missouri -- to establish a branch at 2255 Michigan Avenue, Arnold, Missouri.
- Approved, May 25, 2022
The Paducah Bank and Trust Company, Paducah, Kentucky -- to establish a branch at 4801 Olympia Park Plaza, Louisville, Kentucky.
- Approved, May 25, 2022
Encore Bank, Little Rock, Arkansas -- to establish a branch at 2101 Old Columbiana Road, Birmingham, Alabama.
- Approved, May 23, 2022
Encore Bank, Little Rock, Arkansas -- to establish a branch at 450 North Patterson Avenue, Winston-Salem, North Carolina.
- Approved, May 16, 2022
Armor Bank, Forrest City, Arkansas -- to establish a branch at 1100 South 52nd Street, Rogers, Arkansas.
- Approved, May 13, 2022
The Central Trust Bank, Jefferson City, Missouri -- to establish a branch at 5701 North May Avenue, Oklahoma City, Oklahoma.
- Approved, April 13, 2022
Decatur County Bank, Decaturville, Tennessee -- to establish a branch at 1489 E. Main Street, Brownsville, Tennessee.
- Approved, April 5, 2022
Arvest Bank, Fayetteville, Arkansas -- to establish a branch at 5630 East Bannister Road, Kansas City, Missouri.
- Approved, March 30, 2022
Evolve Bank & Trust, West Memphis, Arkansas -- to establish a branch at 111 East Huntington Avenue, Jonesboro, Arkansas.
- Approved, March 29, 2022
Independence Bank of Kentucky, Owensboro, Kentucky -- to establish a branch at 65 Mack Walters Road, Shelbyville, Kentucky.
- Approved, March 22, 2022
The Bank of Advance, Advance, Missouri -- to establish a branch at 120 South Prairie Street, Bloomfield, Missouri.
- Approved, March 9, 2022
First Bank, Creve Coeur, Missouri -- to establish a branch at 13641 Central Avenue, Chino, California.
- Approved, March 9, 2022
Farmers and Merchants Bank, Baldwyn, Mississippi -- to establish a temporary branch at 100 Interchange Drive, Fulton, Mississippi, and a new permanent branch at 418 Interchange Drive, Fulton, Mississippi.
- Approved, March 2, 2022
Legacy Bank & Trust Company, Mountain Grove, Missouri -- to establish a branch at 8211 East Regal Place, Tulsa, Oklahoma.
- Approved, March 2, 2022
Southern Bancorp Bank, Arkadelphia, Arkansas -- to establish a branch at 3917 West 12th Street, Little Rock, Arkansas.
- Approved, February 11, 2022
Decatur County Bank, Decaturville, Tennessee -- to establish a branch at 1489 East Main Street, Brownsville, Tennessee.
- Returned, February 7, 2022
Independence Bank of Kentucky, Owensboro, Kentucky -- to establish a branch at 444 East Main Street, Lexington, Kentucky.
- Approved, February 4, 2022
First Western Bank, Booneville, Arkansas -- to establish a branch at 3914 Massard Road, Fort Smith, Arkansas.
- Approved, February 3, 2022
Arvest Bank, Fayetteville, Arkansas -- to establish a branch at the corner of Highway 49 and Canera Drive, Jonesboro, Arkansas.
- Approved, January 21, 2022
Encore Bank, Little Rock, Arkansas -- to establish a branch at 1859 Summerville Avenue, Charleston, South Carolina.
- Approved, January 19, 2022
Bank Holding Companies
Omni Bank Group, Inc., Little Rock, Arkansas -- to become a bank holding company by acquiring Community State Bank, Bradley, Arkansas.
- Withdrawn, May 23, 2022
Alton Bancshares, Inc., Alton, Missouri -- to acquire Table Rock Community Bank, Kimberling City, Missouri.
- Approved, May 16, 2022
FMB Bancshares, Inc., Baldwyn, Mississippi -- to become a bank holding company by acquiring Farmers & Merchants Bank, Baldwyn, Mississippi.
- Approved, May 13, 2022
Midwest Community Bancshares, Inc., Marion, Illinois -- to acquire The Bank of Carbondale, Carbondale, Illinois.
- Approved, April 13, 2022
Simmons First National Corporation, Pine Bluff, Arkansas -- waiver of application to merge with Spirit of Texas Bancshares, Inc., Conroe, and thereby indirectly acquire its wholly owned subsidiary, Spirit of Texas Bank, SSB, College Station, both of Texas, in connection with the merger of Spirit of Texas Bank, SSB, with and into Simmons Bank, Pine Bluff, Arkansas.
- Granted, February 4, 2022
BancPlus Corporation, Ridgeland, Mississippi -- waiver of application to acquire First Trust Corporation and thereby indirectly acquire First Bank and Trust, both of New Orleans, Louisiana, in connection with the merger of First Bank and Trust with and into BankPlus, Belzoni, Mississippi.
- Granted, February 2, 2022
United Community Bancshares, Inc., Morganfield, Kentucky -- to acquire Dixon Bank, Dixon, Kentucky.
- Approved, January 25, 2022
Cross County Bancshares, Inc., Wynne, Arkansas -- to acquire Central Bank, Little Rock, Arkansas.
- Approved, January 13, 2022
Bank Mergers
Midland States Bank, Effingham, Illinois -- to purchase certain assets and assume certain liabilities of two branches of FNBC Bank & Trust, La Grange, Illinois, and to retain the acquired facilities as branches.
- Approved, March 4, 2022
Simmons Bank, Pine Bluff, Arkansas -- to merge with Spirit of Texas Bank, SSB, College Station, Texas, and to retain the acquired facilities as branches.
- Approved, February 4, 2022
Change In Bank Control
Old National Bancorp, Evansville, Indiana -- the Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire additional voting shares of Old National Bancorp, and thereby indirectly acquire voting shares of Old National Bank, Evansville, Indiana.
- Permitted, June 7, 2022
Simmons First National Corporation, Pine Bluff, Arkansas -- the Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire additional voting shares of Simmons First National Corporation, and thereby indirectly acquire voting shares of Simmons Bank, Pine Bluff, Arkansas.
- Permitted, June 7, 2022
Milco Bancorporation, Inc., Iberia, Missouri -- The George N. Schulte Trust, George N. Schulte, as trustee, both of Dixon, Missouri; David R. Tritten and Elizabeth A. Tritten, both of Waynesville, Missouri; Beth A. Wright and Richard R. Wright, both of Iberia, Missouri; to retain voting shares of Milco Bancorporation, Inc., and thereby indirectly retain voting shares of Bank of Iberia, Iberia, Missouri.
- Permitted, May 5, 2022
Arvest Bank Group, Inc., Bentonville, Arkansas -- the Alice A. Proietti ABG Trust, Alice A. Proietti, trustee, and the Joseph T. Proietti ABG Trust, Joseph T. Proietti, trustee, all of Bentonville, Arkansas; to become members of the Walton Family Group, a group acting in concert, to acquire voting shares of Arvest Bank Group, Inc., and thereby indirectly acquire voting shares of Arvest Bank, Fayetteville, Arkansas.
- Permitted, May 4, 2022
Casey County Bancorp, Inc., Liberty, Kentucky -- Kerry Dale Cundiff and Connie Sue Cundiff; Green River Building Supply, owned by Danny Jeffries and Barbara Ann Rousey Jeffries; Danny Jeffries and Barbara Ann Rousey Jeffries; Robert Barry Rousey and Jennifer Lynnelle Rousey; Robert Taylor Rousey; the Robert Rousey Farm Trust, Robert Barry Rousey, trustee; the Napier Cemetery Trust, Robert Barry Rousey, trustee, all of Liberty, Kentucky, to retain control of Casey County Bancorp, Inc., and thereby indirectly control Casey County Bank, Inc., Liberty, Kentucky.
- Permitted, April 18, 2022
Townsend Financial Corporation, Parsons, Tennessee -- Eugene H. Bringol, Jr., Natalee L. Young-Bringol, both of Beaver, Pennsylvania; Nathan T. Snyder, Pittsburgh, Pennsylvania; Robert H. Bishop, Wexford, Pennsylvania; Brian D. Croftcheck, Rostraver Township, Pennsylvania; Donald A. Croftcheck, Scott C. Croftcheck, both of Grindstone, Pennsylvania; Jeffrey Donald Kendall, Sewikley, Pennsylvania; and James W. Yankee, Columbia, Missouri; to acquire voting share of Townsend Financial Corporation and thereby indirectly control Farmers Bank, Parsons Tennessee.
- Permitted, April 8, 2022
Extensions Of Time
Arvest Bank, Fayetteville, Arkansas -- extension to January 21, 2023, to establish a branch at 155 East 150th Place South, Glenpool, Oklahoma.
- Granted, June 9, 2022
Midland States Bank, Effingham, Illinois -- extension to September 19, 2022, to purchase certain assets and assume certain liabilities of two branches of FNBC Bank & Trust, La Grange, Illinois, and to retain the acquired facilities as branches.
- Granted, May 25, 2022
Du Quoin State Bank, Du Quoin, Illinois -- extension to November 19, 2022, to establish a branch at 201 South Park Street, Sesser, Illinois.
- Granted, May 20, 2022
Cross County Bancshares, Inc., Wynne, Arkansas -- extension to July 28, 2022, to acquire Central Bank, Little Rock, Arkansas.
- Granted, April 13, 2022
The Bank of Fayette County, Piperton, Tennessee -- extension to June 24, 2022, to establish a branch at 5560 Airline Road, Arlington, Tennessee.
- Granted, February 16, 2022
The Farmers & Merchants Bank, Stuttgart, Arkansas -- extension to August 20, 2022, to establish a branch at 3100 Southwest Drive, Jonesboro, Arkansas.
- Granted, February 16, 2022
The McGehee Bank Employee Stock Ownership Plan, McGehee, Arkansas -- extension to May 13, 2022, to acquire additional shares of Southeast Financial Bankstock Corp. and thereby increase its indirect control of McGehee Bank, both of McGehee, Arkansas.
- Granted, February 4, 2022
Membership
First Security Bank, Searcy, Arkansas -- to become a member of the Federal Reserve System.
- Approved, April 13, 2022
Banks, State Member
First Horizon Bank, Memphis, Tennessee -- to make certain public welfare investments.
- Approved, April 1, 2022
First Bank, Creve Coeur, Missouri -- to make a public welfare investment.
- Withdrawn, March 31, 2022
First Bank, Creve Coeur, Missouri -- to make a public welfare investment.
- Approved, March 1, 2022
First Horizon Bank, Memphis, Tennessee -- to make certain public welfare investments.
- Withdrawn, February 2, 2022
First Bank, Creve Coeur, Missouri -- to make a public welfare investment.
- Approved, January 19, 2022
Financial Holding Companies
Independent Community Bancorp, Inc., Frankfort, Kentucky -- election to become a financial holding company.
- Effective, April 20, 2022
Century Bancshares, Inc., Gainesville, Missouri -- election to become a financial holding company.
- Effective, April 13, 2022
Ozarks Heritage Financial Group, Inc., Gainesville, Missouri -- election to become a financial holding company.
- Effective, April 13, 2022

Last Update: June 23, 2022