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 June 4, 2022

Filer Filing Type Filing Proposal End of Comment Period
ARVEST BANK * Branch Arvest Bank, Fayetteville, Arkansas, to establish a branch facility to be located at Southwest corner of Chenal Parkway and St. Vincent Way, Little Rock, Arkansas.
Newspaper: 06/12/2022
Federal Register: Not applicable
CARLSON BANCSHARES, INC. CIC Notice by The William A Carlson 2007 Trust, William A. Carlson, individually and as co-trustee, Pam Falkner, as co-trustee, Carlson Andrew Bennage, Catherine Jane Carlson Bennage, all of West Memphis, Arkansas, Michael Dustin Carlson, two minor children of Michael Dustin Carlson, Marilyn Hayes Carlson, Michael Andrew Carlson, all of Marion, Arkansas, Kirby Hayes Carlson of Proctor, Arkansas, and the William C. Carlson Living Trust, William C. Carlson, as trustee, of Hot Springs, Arkansas, as members of a family control group, to retain 25 percent or more of the shares and thereby control of Carlson Bancshares, Inc., West Memphis, Arkansas.
Newspaper: 06/21/2022
Federal Register: Not available
PADUCAH BANK SHARES, INC. CIC Notice by The Revocable Trust of Joseph H. Framptom, Joseph Hottle Framptom, trustee, and the Revocable Trust of Jeane B. Framptom, Jeane Banks Framptom, trustee, all of Paducah, Kentucky, to join the Framptom family control group, a group acting in concert, to acquire control of Paducah Bank Shares, Inc., Paducah, Kentucky.
Newspaper: 06/20/2022
Federal Register: 06/22/2022
SIMMONS BANK * Branch Simmons Bank, Pine Bluff, Arkansas, to establish a branch facility to be located at 6075 Poplar Avenue, Memphis, Tennessee.
Newspaper: 06/13/2022
Federal Register: Not applicable


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