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: 10
Federal Reserve Bank of: Kansas City

Filings received during the week ending February 24, 2018

Filer Filing Type Filing Proposal End of Comment Period
ALMENA INVESTMENTS, LLC * 3A1 Almena Investments, LLC, Almena, Kansas, to become a bank holding company through the acquisition of 100 percent of the voting shares of Almena State Bank, Almena, Kansas.
Newspaper: 03/05/2018
Federal Register: 03/14/2018
EQUITY BANK * 18C
* Branch
* 3A1
* 3A3
Equity Bank, Andover, Kansas, to merge with First National Bank of Liberal, and incident thereto, to establish five branches in Liberal and Hugoton, all in Kansas. Immediately prior, Equity Bancshares, Inc., Wichita, Kansas, to acquire, through its subsidiary, Oz Merger Sub, Inc., Topeka, Kansas, 100 percent of the voting shares of Kansas Bank Corporation, parent of First National Bank of Liberal, both of Liberal, Kansas.
Newspaper: 02/16/2018
Federal Register: 02/23/2018
FFP GROUP, INC. * 3A1 FFP Group, Inc., and its newly formed merger subsidiary, FFP Merger Sub, Inc., both of Denver, Colorado, to become bank holding companies through the acquisition of Raton Capital Corporation, Raton, New Mexico, parent of International Bank, Raton, New Mexico.
Newspaper: Not available
Federal Register: 03/12/2018
FIRST ALTUS BANCORP, INC. CIC Robert McMahan, John "Kyle" McMahan, and the McMahan Family Trust, Edythe McMahan, trustee, all of Altus, Oklahoma, to retain voting shares of First Altus Bancorp, Inc., Altus, Oklahoma, and for approval as members of the McMahan family group, which controls First Altus Bancorp, Altus, Oklahoma, and thereby indirect control of Frazer Bank, Altus, Oklahoma.
Newspaper: Not available
Federal Register: 03/07/2018
FIRSTOAK BANK * 18C
* Branch
FirstOak Bank, Independence, Missouri, to merge with The State Bank of Kansas, Fredonia, Kansas, and incident thereto, to establish a branch.
Newspaper: Not available
Federal Register: Not applicable
FRAZER BANK Premises
* 18C
* Branch
Frazer Bank, Altus, Oklahoma, to purchase certain assets and assume certain liabilities of those branches, located at 120 East 1st Street, Grandfield, Oklahoma, and 102 South Main Street, Davidson, Oklahoma, of Valor Bank, Edmond, Oklahoma, and to increase its investment in bank premises in the amount of $560,000.
Newspaper: Not available
Federal Register: Not applicable
SWEDISH-AMERICAN BANCSHARES, INC. CIC Tanner Johnson, Courtland, Kansas; Travis Johnson, Wichita, Kansas; and Tara Renze, Leawood, Kansas, individually and as members of the Johnson Family Group, to retain voting shares of Swedish-American Bancshares, Inc., and thereby indirect control of Swedish-American State Bank, both of Courtland, Kansas.
Newspaper: 03/07/2018
Federal Register: 03/07/2018


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 Second Quarter of 2018 (April 1, 2018 - June 30, 2018) and Third Quarter of 2018 (July 1, 2018 - September 30, 2018)

Institution Location Quarter
AMERICAN NATION BK ARDMORE, OKLAHOMASecond Quarter of 2018
BANK OF LOCUST GROVE LOCUST GROVE, OKLAHOMASecond Quarter of 2018
CITIZENS ST B&TC ELLSWORTH, KANSASSecond Quarter of 2018
FIDELITY ST B&TC DODGE CITY, KANSASSecond Quarter of 2018
FIRST B&TC BROKEN BOW, OKLAHOMASecond Quarter of 2018
FIRST FIDELITY BK OKLAHOMA CITY, OKLAHOMASecond Quarter of 2018
FIRST NB OF ELKHART ELKHART, KANSASSecond Quarter of 2018
FIRST OPTION BK OSAWATOMIE, KANSASSecond Quarter of 2018
FIRST PRYORITY BK PRYOR, OKLAHOMASecond Quarter of 2018
FIRST ST BK OF NEWCASTLE NEWCASTLE, WYOMINGSecond Quarter of 2018
FIRSTOAK BK INDEPENDENCE, KANSASSecond Quarter of 2018
FMS BK FORT MORGAN, COLORADOSecond Quarter of 2018
INVESTORS CMNTY BK CHILLICOTHE, MISSOURISecond Quarter of 2018
MADISON CTY BK MADISON, NEBRASKASecond Quarter of 2018
PLATTE VALLEY BK SCOTTSBLUFF, NEBRASKASecond Quarter of 2018
SIOUXLAND BK SOUTH SIOUX CITY, NEBRASKASecond Quarter of 2018
SOUTHWEST BK OF WEATHERFORD WEATHERFORD, OKLAHOMASecond Quarter of 2018
ADAMS B&TC OGALLALA, NEBRASKAThird Quarter of 2018
ALLNATIONS BK CALUMET, OKLAHOMAThird Quarter of 2018
BANK 7 OKLAHOMA CITY, OKLAHOMAThird Quarter of 2018
BANK OF ELGIN ELGIN, NEBRASKAThird Quarter of 2018
CITIZENS BK OF KS KINGMAN, KANSASThird Quarter of 2018
FIRST BK UTICA, NEBRASKAThird Quarter of 2018
FIRST ST BK IN TEMPLE TEMPLE, OKLAHOMAThird Quarter of 2018
FNB CMNTY BK MIDWEST CITY, OKLAHOMAThird Quarter of 2018
FRAZER BK ALTUS, OKLAHOMAThird Quarter of 2018
LUSK ST BK LUSK, WYOMINGThird Quarter of 2018
NBH BK GREENWOOD VILLAGE, COLORADOThird Quarter of 2018
PEOPLES BK PRATT, KANSASThird Quarter of 2018
SECURITY BK TULSA, OKLAHOMAThird Quarter of 2018

* 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