District 10: Federal Reserve Bank of Kansas City PDF

Filings received during the week ending September 9, 2023

FilerFiling TypeFiling ProposalEnd of Comment Period
NewspaperFederal Register
HYDRO BANCSHARES, INC.Change in Bank Control Derek Joseph Grubb 2012 Trust, Clinton, Oklahoma, Shawn Grubb, Weatherford, Oklahoma, and Kenneth Baker, Clinton, Oklahoma as co-trustees; Jordan Alyssa Grubb 2012 Trust, Clinton, Oklahoma, Shawn Grubb and Kenneth Baker co-trustees; and Washita Valley Trust, Clinton, Oklahoma, Kenneth Baker trustee; to become members of the Shawn Grubb Family Control Group, a group acting in concert, to acquire voting shares of Hydro Bancshares, Inc., and thereby indirectly acquire voting shares of Bank of Hydro, both of Hydro, Oklahoma. Shawn Grubb, co-trustee, has been previously approved by the Federal Reserve Board.Not available09/14/2023
PLAINS BANCSHARES, INC.Change in Bank Control David Clawson, Plains, Kansas, individually, and as co-trustee of the LAC Clawson Irrevocable Trust, the TD Clawson Irrevocable Trust, and MBCW Irrevocable Trust, all of Plains, Kansas, to retain shares of Plains Bancshares, Inc., Plains, Kansas and thereby indirectly retain shares of Bank of the Plains, Plains, Kansas (formerly known as The Plains State Bank). Additionally, the TD Clawson Irrevocable Trust, David and Daniel Clawson, as co-trustees, of Plains, Kansas, and Selah Farms LLC and Skybound Farms LLC, both of Meade, Kansas, to retain voting shares of Plains Bancshares and to join the Clawson Family Group, a group acting in concert. David Clawson was previously approved as a member of the Clawson Family Control Group.Not available09/05/2023

* Subject to the provisions of the Community Reinvestment Act

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 / LocationRSSD IDExam DateCRA Public DateCRA RatingExam Method
FIRST OPTION BK, OSAWATOMIE, KANSAS28585206/16/202303/06/2023SInt Small Bank
FIVE POINTS BK, GRAND ISLAND, NEBRASKA55485706/10/202303/13/2023OInt Small Bank
UNITED B&TC, MARYSVILLE, KANSAS99035201/23/202310/24/2022SInt Small Bank
CRA Examinations scheduled for    Quarter of
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Last Update: September 14, 2023