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 June 29, 2013

Filer Filing Type Filing Proposal End of Comment Period
Banc Investors L.L.C. * 3A1 Banc Investors, L.L.C., Town and Country, Missouri, to acquire 33.32 percent of the voting shares of 1st Advantage Bancshares, Inc., St. Peters, Missouri, and thereby indirectly acquire 1st Advantage Bank, St. Peters, Missouri.
Newspaper: Not available
Federal Register: Not available
CENTENNIAL BANK * 18C Centennial Bank, Conway, Arkansas, to merge with Liberty Bank of Arkansas, Jonesboro, Arkansas.
Newspaper: Not available
Federal Register: Not applicable
HOME BANCSHARES, INC. * 3A5 Home Bancshares, Inc., Conway, Arkansas, to acquire through merger Liberty Bancshares, Inc. and thereby indirectly acquire Liberty Bank of Arkansas, both of Jonesboro, Arkansas.
Newspaper: Not available
Federal Register: Not available
SUMMIT BANK * Branch Summit Bank, Arkadelphia, Arkansas, to establish a bank facility to be located at 8201 Phoenix Avenue, Ft. Smith, Arkansas.
Newspaper: 07/05/2013
Federal Register: Not applicable


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
ARKANSAS COUNTY BK, DE WITT, ARKANSAS 705444 03/18/2013 06/19/2013 S Small Bank
CALLAWAY BK, FULTON, MISSOURI 719656 03/04/2013 06/12/2013 S Small Bank
FARMERS B&TC, BLYTHEVILLE, ARKANSAS 33147 02/04/2013 06/20/2013 S Int Sm Bank
PEOPLES BK OF ALTENBURG, ALTENBURG, MISSOURI 941541 03/18/2013 06/13/2013 S Small Bank


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