Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

District: 8
Federal Reserve Bank of: St. Louis

Filings received during the week ending July 30, 2016

Filer

Filing Type

Filing Proposal

End of Comment Period

MAGNOLIA BANKING CORPORATION

CIC

Notice by a family control group, to collectively acquire an additional 0.72% of the shares and thereby retain control of more than 25% of Magnolia Banking Corporation, Magnolia, AR. The family control group consists of Mary W. Harsh, Magnolia, AR, individually and as trustee of the Mary W. Harsh Revocable Trust (TR); Nina Marie Harsh Burns, Magnolia, AR, individually and as trustee of the Molly Burns Nonexempt TR, the Nina Marie (Molly) Harsh Burns Revocable TR, the Mary W. Harsh 2005 Family TR, the Mary W. Harsh 2002 Family TR, the Robert Samuel Burns Exempt TR, the Rebecca M. Burns Gosnell Exempt TR, and the Mary Elizabeth Burns Anderson Exempt TR; Amy H. Sixbey, Roland, AR, individually and as trustee of the Amy Sixbey Nonexempt TR, the Mary W. Harsh 2005 Family TR, the Mary W. Harsh 2002 Family TR, the Mary Elizabeth Sixbey Exempt TR, and the Annie Alexander Sixbey Exempt TR; Roxana Whitner, Hot Springs Village, AR, as trustee of the Roxana Harsh Whitner Revocable TR, the Roxana Whitner Nonexempt TR, the Mary W. Harsh 2005 Family TR, the Mary W. Harsh 2002 Family TR, John Douglas Whittemore Exempt TR, the Jessica Grayson Luther Exempt TR, the Julia Roxana Kirk Exempt TR, the Mary Jane Platt Exempt TR, the Jessica Grayson Luther Revocable TR, and the John Douglas Whittemore Revocable TR; Robert L. Burns, Magnolia, AR, individually and as trustee of the Robert L. Burns Revocable TR; Pat Sixbey, Roland, AR, individually and as trustee of the Mary Elizabeth Sixbey TR, the Annie Alexander Sixbey TR, and the Amy Harsh Sixbey 2009 Irrevocable TR; Robert S. Burns, Magnolia, AR, as trustee of the Robert Samuel Burns Revocable TR, and the Bob and Molly Burns Family Irrevocable TR; Mary Elizabeth Burns, trustee of the Mary Elizabeth Burns Revocable TR and the Bob and Molly Burns Family Irrevocable TR; and Rebecca M. Burns, trustee of the Rebecca M. Burns Revocable TR, and the Bob and Molly Burns Family Irrevocable TR.

Newspaper:	08/03/2016
Federal Register:	08/04/2016

OAKSTAR BANCSHARES, INC.

* 18C
* Branch
* 3A3

OakStar Bancshares, Inc., Springfield, Missouri, to acquire 100 percent of Bancshares of Urbana, Inc., Urbana, Missouri, and thereby indirectly acquire The Bank of Urbana, Urbana, Missouri. Also OakStar Bank, Springfield, Missouri, to merge with The Bank of Urbana, Urbana, Missouri, and to retain the acquired facilities as branch offices.

Newspaper:	08/20/2016
Federal Register:	08/22/2016

PRESCOTT BANCSHARES, INC

CIC

Notice by John W. Brannan, Jr., individually and as trustee of the Bank of Prescott Employee Stock Ownership Plan, both of Prescott, Arkansas; and as a member of a family control group consisting of Janet P. McAdams; James E. Franks and Linda B. Franks, as trustees of the James E. Franks and Linda B. Franks revocable trust, all of Hot Springs, Arkansas; John Matthew Brannan; Susan Brannan Welch; Lindsay Frank Weeks; Patricia C. Thompson; and Elizabeth Thompson Horowitz, to acquire additional shares and retain control of more than 25 percent of Prescott Bancshares, Inc., Prescott, Arkansas.

Newspaper:	08/19/2016
Federal Register:	08/16/2016

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
BANK OF MCCRORY, MCCRORY, ARKANSAS	898140	04/04/2016	07/12/2016	S	Small Bank
FARMERS & MERCHANTS BK, STUTTGART, ARKANSAS	677644	04/11/2016	07/18/2016	S	Int Sm Bank

CRA Examinations scheduled for Quarter of

Institution	Location
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 8 Federal Reserve Bank of: St. Louis

Filings received during the week ending July 30, 2016

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 8
Federal Reserve Bank of: St. Louis