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 March 10, 2018

Filer Filing Type Filing Proposal End of Comment Period
CENTRAL BANK OF ST. LOUIS PWI Central Bank of St. Louis, Clayton, Missouri, proposes to make a $350,000 public welfare investment in St. Louis Equity Fund 2017, LLC, St. Louis, Missouri.
Newspaper: Not applicable
Federal Register: Not applicable
CITIZENS BANK, THE * Branch The Citizens Bank, Batesville, Arkansas to establish a branch located at 1698 Higdon Ferry Road, Hot Springs, Arkansas.
Newspaper: 03/15/2018
Federal Register: Not applicable
CNB BANK SHARES, INC. * 3A3 CNB Bank Shares, Inc., Carlinville, Illinois, to acquire 100% of the voting shares of Jacksonville Bancorp, Inc, Jacksonville, Illinois, and thereby indirectly acquire Jacksonville Savings Bank, Jacksonville, Illinois.
Newspaper: 04/02/2018
Federal Register: 04/05/2018
SIMMONS BANK * 18C
* Branch
Simmons Bank, Pine Bluff, Arkansas, to merge with Bank SNB, Stillwater, Oklahoma, and to retain the acquired facilities as branch offices.
Newspaper: 04/09/2018
Federal Register: Not applicable
STARK BANCSHARES, INC. * 3A1 Stark Bancshares, Inc., Canton, Ohio, to become a bank holding company by acquiring 100 percent of the voting shares of Farmers Financial Corporation, Bolivar, Missouri, and thereby indirectly acquire Farmers State Bank, SB, Schell City, Missouri.
Newspaper: 03/30/2018
Federal Register: 04/02/2018


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
DIAMOND BK, MURFREESBORO, ARKANSAS 27847 11/27/2017 03/06/2018 O Int Sm Bank


CRA Examinations scheduled for     Quarter of

Institution Location Quarter
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