Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

District: 8
Federal Reserve Bank of: St. Louis

Filings received during the week ending August 28, 2010

Filer

Filing Type

Filing Proposal

End of Comment Period

BENEFIT FINANCIAL GROUP, INC

* 3A1

Benefit Financial Group, Inc., Fort Smith, Arkansas, to become a bank holding company upon the conversion of its subsidiary bank, Benefit Bank, Fort Smith, Arkansas, from a federally chartered savings institution to a state chartered bank.

Newspaper:	09/22/2010
Federal Register:	09/14/2010

CENTENNIAL BANK

* Branch

Centennial Bank, Conway, Arkansas, to establish a mobile branch in Lonoke County, Arkansas.

Newspaper:	09/01/2010
Federal Register:	Not applicable

FIRST BANK CORP

* 3A3

First Bank Corp, Ft. Smith, AR to acquire no more than 9.99% of the stock of Bankshares of Fayetteville, Fayetteville, AR

Newspaper:	Not available
Federal Register:	Not available

MONTICELLO BANKING COMPANY, THE

Member

The Monticello Banking Company, Monticello, KY 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
BANK OF FAYETTEVILLE, FAYETTEVILLE, ARKANSAS	308443	05/03/2010	08/17/2010	S	Int Sm Bank
FIRST ST BK OF DEQUEEN, DEQUEEN, ARKANSAS	519146	04/19/2010	08/10/2010	S	Small Bank

CRA Examinations scheduled for Quarter of

Institution	Location
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 8 Federal Reserve Bank of: St. Louis

Filings received during the week ending August 28, 2010

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 8
Federal Reserve Bank of: St. Louis