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 September 13, 2014

Filer Filing Type Filing Proposal End of Comment Period
BANK OF THE OZARKS INC * 3A5 Bank of the Ozarks, Inc., Little Rock, Arkansas, to merge with Intervest Bancshares Corporation, New York, New York, and thereby indirectly acquire Intervest National Bank, New York, New York.
Newspaper: 10/11/2014
Federal Register: Not available
BANK OF THE OZARKS INC 4c8 Bank of the Ozarks, Inc., Little Rock, Arkansas, to engage in lending activities, through the acquisition of 100 percent of Intervest Bancshares Corporation, New York, New York.
Newspaper: Not applicable
Federal Register: Not available
GERMANTOWN CAPITAL CORPORATION, INC. CIC Notice by the Lowrey family control group, to acquire 11.02 percent of Germantown Capital Corporation, Inc., Germantown, Tennessee. The Lowrey family control group consists of Jeffrey Harris Lowrey MD, Millennium Trust Company LLC, custodian for Jeffrey Lowrey, MD SEP IRA, both of Eads, Tennessee; Jennifer Lauren Watson, Louisville, Kentucky; John Allen Lowrey, James Richard Lowrey, and Nancy Kemp Lowrey, all of Fairborn, Ohio.
Newspaper: 09/23/2014
Federal Register: 10/02/2014
SOUTHERN BANCORP BANK * 18C
* Branch
Southern Bancorp Bank, Arkadelphia, Arkansas, to merge with The Bank of Bolivar County, Shelby, Mississippi, and to retain the acquired facilities as branch offices.
Newspaper: 10/04/2014
Federal Register: Not applicable
SOUTHERN BANCORP, INC * 3A5 Southern Bancorp, Inc., Arkadelphia, Arkansas, to acquire, through merger, Bolivar Banking Corporation, Shelby, Mississippi, and thereby indirectly acquire The Bank of Bolivar County, Shelby, Mississippi.
Newspaper: 10/04/2014
Federal Register: 10/10/2014


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     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