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 October 6, 2012

Filer Filing Type Filing Proposal End of Comment Period
BANNER COUNTY BAN CORPORATION EMPLOYEE STOCK PLAN AND TRUST * 3A1 Banner County Ban Corporation Employee Stock Plan and Trust to become a bank holding company through the acquisition of 29.62 percent of the outstanding voting shares of Banner County Ban Corporation, parent of Banner County Bank, Inc. all in Harrisburg, Nebraska.
Newspaper: 11/01/2012
Federal Register: 11/02/2012
BBJ INCORPORATED 4c8
* 3A5
BBJ Incorporated, Ord, Nebraska, to acquire 100 percent of the voting shares of City National Bancshares, Inc., parent of CNB Community Bank, both in Greeley, Nebraska. BBJ Incorporated, Ord, Nebraska, to engage in insurance activities through the acquisition of the assets of McQuillan Insurance Agency, a division of City National Bancshares, Inc., both in Greeley, Nebraska.
Newspaper: Not available
Federal Register: 11/02/2012
EXCHANGE BANCORP OF MISSOURI, INC. * 18C
* Branch
* 3A1
* 3A3
Northern Missouri Bancshares, Inc., Unionville, Missouri, to acquire indirectly, and Exchange Bancorp of Missouri, to acquire, through its newly formed subsidiary, Slater Acquisition Corp., both of Fayette, Missouri; Slater Bancshares, Inc., parent of State Bank of Slater, both in Slater, Missouri. Immediately thereafter, Slater Acquisition Corp. will merger into Slater Bancshares, Inc. Exchange Bank of Missouri, Fayette, Missouri, to merge with State Bank of Slater, Slater, Missouri, and incident thereto, to establish a branch.
Newspaper: 10/31/2012
Federal Register: 10/22/2012
FIRSTBANK * Branch FirstBank, Antlers, Oklahoma, to establish a branch at 100 Harper Road, Kiowa, Oklahoma.
Newspaper: 10/18/2012
Federal Register: Not applicable
LUXURY DEVELOPMENT PARTNERS, INC. * 3A1 Luxury Development Partners, Inc., Wichita, Kansas ("Luxury Development"), to acquire control of Community State Bancshares, parent company of Community State Bank, both of Wichita, Kansas, and, thus, to become a bank holding company. Luxury Development is applying to become a bank holding company by virtue of its direct control, together with that of its owners (Mark B. Hutton, Andrew W. Hutton, and Bill Warren), of over 25 percent of Community State Bancshares.
Newspaper: Not available
Federal Register: 10/27/2012
PONY EXPRESS BANCORP, INC. * 3A5 Pony Express Bancorp, Inc., Elwood, Kansas, to acquire 100 percent of the voting shares of Don-Co Investment Company, parent of 1st Bank of Troy, both in Troy, Kansas.
Newspaper: 10/29/2012
Federal Register: 10/29/2012
VISION BANCSHARES, INC. * 3A5 Vision Bancshares, Inc., Ada, Oklahoma, to acquire 100 percent of the voting shares of Sulphur Community Bancshares, Inc., parent of Community Bank of the Arbuckles, both in Sulphur, Oklahoma.
Newspaper: 11/04/2012
Federal Register: 10/29/2012
YORKTOWN FINANCIAL HOLDINGS, INC. 4c8
* 3A1
Yorktown Financial Holdings, Inc., Tulsa, Oklahoma, to become a bank holding company through the acquisition of 100 percent of the voting shares of CNBO Bancorp, Inc., parent of Century Bank of Oklahoma, both in Pryor, Oklahoma. Yorktown Financial Holdings, Tulsa, Oklahoma, to engage indirectly in mortgage lending activities, through the acquisition of 100 percent of CNBO Bancorp, Inc., parent of Century Bank of Oklahoma, both in Pryor, Oklahoma, which owns a 51 percent interest in Century Home Mortgage of Oklahoma, LLC, Tulsa, Oklahoma, which owns a 32.67 percent interest in Oklahoma Mortgage Lenders, a series of The Lending Partners, Ltd., Plano, Texas.
Newspaper: 10/18/2012
Federal Register: 10/15/2012


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
FARMERS ST BK, PHILLIPSBURG, KANSAS 603559 06/25/2012 09/24/2012 S Small Bank
UNION ST BK, ARKANSAS CITY, KANSAS 227151 06/25/2012 09/26/2012 S Small Bank


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

* Subject to the provisions of the Community Reinvestment Act

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