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 November 11, 2006

Filer Filing Type Filing Proposal End of Comment Period
ALFALFA COUNTY BANCSHARES, INC. CIC Notification by Byron Dirk Bagenstos, individually and as Trustee of the Byron Dirk Bagenstos 2002 Trust, to acquire control of Alfalfa County Bancshares, Inc., parent of ACB Bank, all of Cherokee, Oklahoma.
Newspaper: 11/30/2006
Federal Register: Not available
ARMSTRONG BANCSHARES, INC. CIC Notification by Margaret Ann Farmer, Sallisaw, Oklahoma, to acquire control of Armstrong Bancshares, Inc., Muskogee, Oklahoma, parent of Armstrong Bank, Muskogee, Oklahoma. Notice by Armstrong Bancshares, Inc., Muskogee, Oklahoma, to redeem 42.30 percent of its outstanding common stock.
Newspaper: 11/23/2006
Federal Register: 11/22/2006
BANK OF COMMERCE, WETUMKA, OKLAHOMA, THE Premises The Bank of Commerce, Wetumka, Oklahoma, to increase its investment in bank premises in the amount of $300,000.
Newspaper: Not applicable
Federal Register: Not applicable
BANK OF NICHOLS HILLS * Branch Bank of Nichols Hills, to establish a branch at 7400 N. Western, both in Oklahoma City, Oklahoma.
Newspaper: Not available
Federal Register: Not applicable
COMMERCE BANCORP, INC. CIC Notification by Tommy L. Daughtrey, Janice Fowler and Jerry Vaughn, all of Duncan, Oklahoma, as individuals and as trustees of the Commerce Bancorp, Inc. Employee Stock Ownership Plan (in formation), to acquire control of Commerce Bancorp, Inc., parent of Bank of Commerce, all of Duncan, Oklahoma.
Newspaper: 11/23/2006
Federal Register: 11/24/2006
COMMUNITY BANCSHARES OF KANSAS, INC. * 3A1 Community Bancshares of Kansas, Inc., Goff, Kansas, to become a bank holding company through the acquisition of 100 percent of the voting shares of Nemaha Investment Company, Inc., Merriam, Kansas, parent of First State Bank of Goff, Goff, Kansas.
Newspaper: Not available
Federal Register: 12/04/2006
FIRST COMMUNITY BANK * Branch First Community Bank, to establish a branch at 2160 W. Highway 50 and to relocate the head office to 715 Merchant, all in Emporia, Kansas.
Newspaper: 11/30/2006
Federal Register: Not applicable
FIRST NATIONAL BANK AND TRUST COMPANY OF MINDEN, THE Member First National Bank and Trust Company of Minden, Minden, Nebraska (to be known as First Bank and Trust Company), to retain its membership in the Federal Reserve System following its conversion from a national to a state charter.
Newspaper: Not applicable
Federal Register: Not applicable
IRONHORSE FINANCIAL GROUP, INC. * 3A1
* 3A3
Ironhorse Financial Group, Inc., Norman, Oklahoma, to become a bank holding company through the acquisition of 100 percent of the voting shares of Republic Bank & Trust, Norman, Oklahoma. Ironhorse Financial Group, Inc., to acquire 100 percent of the voting shares of Armstrong Bancshares, Inc., parent of Armstrong Bank, both in Muskogee, Oklahoma.
Newspaper: 12/06/2006
Federal Register: 12/04/2006


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