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 June 4, 2022

Filer Filing Type Filing Proposal End of Comment Period
CLINTON BANCSHARES, INC. CIC The Berry Leaf Sewell Revocable Trust, Berry L. Sewell and Adrienne M. Sewell, as co-trustees, all of Clinton, Oklahoma; to become members of the Sewell Family Control Group, a group acting in concert, to acquire voting shares of Clinton Bancshares, Inc., and thereby indirectly acquire voting shares of First Bank and Trust Company, both of Clinton, Oklahoma. Additionally, the Frank A. Sewell IV 1998 Irrevocable Trust, First Bank and Trust Company, as trustee; the Frank A. Sewell III 2012 Revocable Trust, Lucie K. Sewell and First Bank and Trust Company, co-trustees; the Lucie K. Sewell 2012 Revocable Trust, Lucie K. Sewell, trustee; and the Lucie K. Sewell 2012 Irrevocable Trust, Berry L. Sewell and First Bank and Trust Company, co-trustees, all of Clinton, Oklahoma; to become members of the Sewell Family Control Group, to retain voting shares of Clinton Bancshares, Inc., and thereby indirectly retain voting shares of First Bank and Trust Company.
Newspaper: Not available
Federal Register: 06/06/2022
FIRST NATIONAL CORPORATION OF ARDMORE, INC. CIC Luann M. Walker Trust, Luann Walker GST Management Trust, Dale F. Walker GST Management Trust, and Luann Walker as trustee, all of Ardmore, Oklahoma; Robert Keith Walker GST Management Trust, Ardmore, Oklahoma, and Robert K. Walker, individually, and as trustee, and Christy Godwin, both of Denver, Colorado; and DFW Trust, Ardmore, Oklahoma, and Dale Walker and Mary Walker, as co-trustees, both of Norman, Oklahoma; to establish the Walker Family Group, a group acting in concert, to retain voting shares First National Corporation of Ardmore, Inc., and thereby indirectly retain voting shares of First National Bank and Trust Company of Ardmore, both of Ardmore, Oklahoma.
Newspaper: Not available
Federal Register: Not available
NATIONAL BANK HOLDINGS CORPORATION * 3A5
* 18C
* Branch
* 3A3
National Bank Holdings Corporation, Greenwood Village, Colorado, to merge with Bancshares of Jackson Hole, Inc., Jackson, Wyoming, and indirectly acquire Bank of Jackson Hole, Jackson, Wyoming (Wyoming Bank). Immediately thereafter, NBH Bank, Greenwood Village, Colorado, to purchase certain assets and assume certain liabilities of the branches of Wyoming Bank, and incident thereto establish twelve branches.
Newspaper: Not available
Federal Register: 07/08/2022
NBH BANK * 3A5
* 18C
* Branch
* 3A3
NBH Bank, Greenwood Village, Colorado, to merge with Rock Canyon Bank, Provo, Utah (Provo Bank), and incident thereto, to establish seven branches. Immediately prior, National Bank Holdings Corporation, Greenwood Village, Colorado, to acquire by merger Community Bancorporation, Orem, Utah, parent of Provo Bank.
Newspaper: Not available
Federal Register: 07/08/2022
OLD GLORY HOLDING COMPANY * 3A1 Old Glory Holding Company, Oklahoma City, Oklahoma, to become a bank holding company through the acquisition of Elmore City Bancshares, Inc., and thereby indirectly acquire First State Bank, both of Elmore City, Oklahoma (to be renamed Old Glory Bank).
Newspaper: Not available
Federal Register: 07/08/2022
PANHANDLE BANCSHARES, INC. CIC Sally Hawkins and Kyle Hawkins of Guymon, Oklahoma; Bill Pittman, Ginger Pittman, Frank Pittman, Paige Pittman Burgin, and Jerry Hart all of Spearman, Texas; Bill Jack Pittman and Christi Pittman of Morse, Texas; and Jana Pittman Ivey of Amarillo, Texas; to join the Pittman Family Control Group, a group acting in concert, to retain voting shares of Panhandle Bancshares, Inc., and indirectly retain voting shares of Bank of the Panhandle, both of Guymon, Oklahoma.
Newspaper: Not available
Federal Register: 06/23/2022


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 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