Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 8: Federal Reserve Bank of St. Louis PDF
Filings received during the week ending August 2, 2025
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| PONTOTOC BANCSHARES CORP. | Change in Bank Control | Notice by the Anna M. Berryhill Irrevocable Trust No. 1 FBO Robert W. McDonald III, The Anna M. Berryhill Irrevocable Trust No. 1 FBO Jon S. McDonald, and The Anna M. Berryhill Irrevocable Trust No. 1 FBO Mary Elese McDonald, each of Austin, Texas, with Robert W. McDonald III, Austin, Texas, and Jon S. McDonald, Lakeway, Texas, as co-trustees of all three trusts; Robert W. McDonald III, individually and as owner of the 2010 MFI, LLC, and McDonald Family Investment Limited, each of Austin, Texas; Jon S. McDonald, Lakeway, Texas, individually and as trustee of the McDonald Family Trust and the BAM Trust, each of Austin, Texas, and owner of APEX Clearing, Dallas, Texas; and Robin McDonald and Emily McDonald, each of Lakeway, Texas, as the McDonald Family control group, a group acting in concert, to retain voting shares of Pontotoc Bancshares Corp., and thereby indirectly retain voting shares of First Choice Bank, both of Pontotoc, Mississippi | 08/26/2025 | 08/21/2025 |
| PURDY BANCSHARES, INC. | Change in Bank Control | The Sharon K. Garrett Marital Trust, created under the Sharon K. Garrett Revocable Trust dated November 1, 2000, as amended, Purdy, Missouri, John H. Garrett, Southport, North Carolina, and Jeffrey S. Scott, Purdy, Missouri, as co-trustees, and the Garrett Family Bank Trust, created under the Irrevocable Trust Agreement dated March 20, 2024, Purdy, Missouri, John H. Garrett, Southport, North Carolina, and Filip J. Garrett, Brookside, Missouri, as co-trustees, a group acting in concert, to retain voting shares of Purdy Bancshares, Inc., Monett, Missouri, and thereby indirectly retain voting shares of First State Bank of Purdy, Purdy, Missouri. | 08/14/2025 | Not available |
| SOUTHERN BANCORP, INC | Listed Going Concern | Southern Bancorp, Inc., Arkadelphia, Arkansas, for retroactive approval to retain voting shares of Arkansas Skunkworks, LLC, Little Rock, Arkansas (d/b/a System 61), and thereby engage in data processing activities pursuant to section 4(c)(8) of the Bank Holding Company Act of 1956, as amended, and section 225.24 of Regulation Y. | Not applicable | 08/20/2025 |
* 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 / Location | RSSD ID | Exam Date | CRA Public Date | CRA Rating | Exam Method |
|---|---|---|---|---|---|
| ANSTAFF BK, GREEN FOREST, ARKANSAS | 261940 | 02/28/2025 | 11/12/2024 | S | Int Small Bank |
| ARMOR BK, FORREST CITY, ARKANSAS | 168571 | 01/19/2025 | 10/15/2024 | S | Int Small Bank |
| BANK OF FAYETTE CTY, PIPERTON, TENNESSEE | 466754 | 11/02/2024 | 07/22/2024 | S | Int Small Bank |
| CARROLL B&T, HUNTINGDON, TENNESSEE | 541857 | 09/27/2024 | 06/03/2024 | S | Int Small Bank |
| FIRST ST BK, RUSSELLVILLE, ARKANSAS | 114840 | 03/22/2025 | 12/02/2024 | S | Int Small Bank |
| GUARANTY BK, SPRINGFIELD, MISSOURI | 3804535 | 03/31/2024 | 05/01/2023 | S | Int Small Bank |
| OAKSTAR BK, SPRINGFIELD, MISSOURI | 3374412 | 12/19/2022 | 06/13/2022 | S | Int Small Bank |
| PATRIOT BK, MILLINGTON, TENNESSEE | 3120646 | 07/23/2022 | 02/07/2022 | S | Int Small Bank |
| PEOPLES B&TC CO, TROY, MISSOURI | 909055 | 07/28/2024 | 04/22/2024 | S | Int Small Bank |
| SIGNATURE BK, FAYETTEVILLE, ARKANSAS | 3350724 | 02/16/2025 | 10/15/2024 | S | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||