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 November 12, 2005

Filer Filing Type Filing Proposal End of Comment Period
CLAY COUNTY STATE BANCSHARES, INC. * 3A1 Clay County State Bancshares, Inc., Louisville, Illinois, to become a bank holding company by acquiring 100 percent of Clay County State Bank, Louisville, Illinois.
Newspaper: 11/26/2005
Federal Register: 12/08/2005
CLAYTON BANCORP, INC 4c8
* 3A5
Clayton Bancorp, Inc., Henderson, Tennessee, to merge with Bancshares of Camden, Inc., Camden, Tennessee, and thereby indirectly acquire Bank of Camden, Camden, Tennessee. Also, Clayton Bancorp, Inc., Henderson, Tennessee, to indirectly engage in reinsuring credit life, credit accident, and health insurance activies through the indirect acquisition of BOC Reinsurance Company, Ltd., Crossville, Tennessee.
Newspaper: 12/04/2005
Federal Register: Not available
CLAYTON BANCORP, INC Investment Clayton Bancorp, Inc., Henderson, Tennessee, to indirectly acquire BOC Reinsurance Company, Ltd., Turks and Caicos Islands, British West Indies, pursuant to Section 211.10(a)(5) of Regulation K.
Newspaper: Not applicable
Federal Register: Not applicable
COMMUNITY FIRST BANCSHARES, INC. * 3A3 Community First Bancshares, Inc., Harrison, Arkansas ("Community"), to acquire additional shares of White River Bancshares Company, Fayetteville, Arkansas ("Bancshares"), and thereby indirectly acquire Signature Bank, Fayetteville, Arkansas. The acquisition will result in Community retaining ownership of up to 23.33 percent of Bancshares stock.
Newspaper: 11/28/2005
Federal Register: 12/12/2005
HOLLY SPRINGS BANCSHARES INC CIC Notice by the Carlisle Family Control Group, Holly Springs, Mississippi, to retain control of Holly Springs Bancshares, Inc., Holly Springs, Mississippi. The Carlisle Family Control Group consists of Dennis C. Carlisle, Sr., Martha Carlisle, Dennis Carlisle, Jr., Fred Carlisle, and the Dennis Carlisle Trust, all of Holly Springs, Mississippi.
Newspaper: 11/16/2005
Federal Register: 11/29/2005
HOLLY SPRINGS BANCSHARES INC CIC Notice by John Dabney Brown, Holly Springs, Mississippi, to retain control of Holly Springs Bancshares, Inc., Holly Springs, Mississippi.
Newspaper: 11/16/2005
Federal Register: 11/29/2005
HOLLY SPRINGS BANCSHARES INC CIC Notice by the Gresham Family Control Group, Holly Springs, Mississippi, to retain control of Holly Srings Bancshares, Inc., Holly Springs, Mississippi. The Gresham Family Control Group consists of Sparkman Boothe Gresham, Frances McGill Gresham, Steven McGill Gresham, Anita Barnett, and Amanda Barnett, all of Holly Springs, Mississippi.
Newspaper: 11/16/2005
Federal Register: 11/29/2005
HOLLY SPRINGS BANCSHARES INC CIC Notice by the Fant Family Control Group, to retain control of Holly Springs Bancshares, Inc., Holly Springs, Mississippi. The Fant Family Control Group consists of L.G. Fant, III, Washington, D.C.; William H.S. Fant, Potomoc, Maryland; James Fant, San Francisco, California; Cordelia Fantova, Atlanta, Georgia; Nancy Fant Smith, Oxford, Mississippi; Nancy Tisue, Knoxville, Tennessee; L.G. Fant Smith, Murfreesboro, Tennessee; Margaret Rhodes, Atlanta, Georgia; Catherine Smith, Nashville, Tennessee; and Orma R. Smith, III, Corinth, Mississippi.
Newspaper: 11/16/2005
Federal Register: 11/29/2005
HOME BANCSHARES, INC. * 3A3 Home Bancshares, Inc., Conway, Arkansas ("Home"), to acquire additional shares of White River Bancshares Company, Fayetteville, Arkansas ("Bancshares"), and thereby indirectly acquire Signature Bank, Fayetteville, Arkansas. The acquisition will result in Home retaining ownership of up to 20.0 percent of Bancshares stock.
Newspaper: 11/26/2005
Federal Register: Not available
MEMPHISFIRST CORPORATION CIC Notice by a group acting in concert to gain control of MemphisFirst Corporation, Memphis, Tennessee. The group consists of Scott Lee Bolding, Fayetteville, Arkansas; John Spellings Everett, Collierville, Tennessee; John Edgar Griffin, Columbus, Mississippi; Dayton Reid Hedgepeth, Memphis, Tennessee; Donald Lee Hutson, Memphis, Tennessee; Pritesh Bhagubhai Patel, Fort Worth, Texas; Jon Abner Reeves, Southaven, Mississippi; James Lee Stafford, West Point, Mississippi; James Lynn Teel, Winter Park, Florida; Brent Derek Trulove, Memphis, Tennessee; Frank Pearson Uhlhorn, Germantown, Tennessee; Theodore Gaillard Uhlhorn, V, Memphis, Tennessee; John Bullington Walker, Germantown, Tennessee; and William Gerald Washington, Randolph, Mississippi.
Newspaper: Not available
Federal Register: Not available
REELFOOT BANK Member Reelfoot Bank, Union City, Tennessee, to become a member of the Federal Reserve System.
Newspaper: Not applicable
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
NONE

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