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 3, 2012

Filer Filing Type Filing Proposal End of Comment Period
AMERICAN STATE BANCSHARES, INC. * 3A3 American State Bancshares, Inc., Great Bend, Kansas, to acquire 100 percent of the voting shares of Holcomb Bancshares, Inc., Holcomb, Kansas, the parent company of First National Bank of Holcomb, Holcomb, Kansas.
Newspaper: Not available
Federal Register: 11/16/2012
CACHE HOLDINGS, INC. CIC Notice submitted by Gentner Drummond and Wendy Drummond, both of Tulsa, Oklahoma; and Jonathan Drummond, Stillwater, Oklahoma, as a group acting in concert, to acquire control of Cache Holdings, Inc., Broken Arrow, Oklahoma, parent of Patriot Bank, Broken Arrow, Oklahoma.
Newspaper: Not available
Federal Register: 11/20/2012
KCB BANK * 18C
* Branch
KCB Bank, Kearney, Missouri, to purchase certain assets and assume certain liabilities of Northland National Bank, Gladstone, Missouri, and incident thereto, to establish branches in Gladstone, Missouri and Overland Park, Kansas.
Newspaper: 11/08/2012
Federal Register: Not applicable
MARTHA E. RECORDS 2009 GST EXEMPT FAMILY TRUST CIC Notice submitted by G. Jeffrey Records, Jr., Oklahoma City, Oklahoma, as trustee, to acquire control of the Martha E. Records 2009 GST Exempt Family Trust, the Martha E. Records 2009 Non-Exempt Family Trust, the Kathryn R. Ryan 2007 GST Exempt Family Trust, the Kathryn R. Ryan 2007 Non-Exempt Family Trust, and the George J. and Nancy J. Records 1990 Irrevocable Trust, all of Oklahoma City, Oklahoma, and thereby acquire control of additional shares of Midland Financial Co., parent of MidFirst Bank, both of Oklahoma City, Oklahoma.
Newspaper: Not available
Federal Register: Not available
PLATTE COUNTY BANCSHARES, INC. CIC Notice submitted by The E.L. Burch Irrevocable Trust of 2012, Parkville, Missouri, together with its trustees, Kyle Burch, Parkville, Missouri, and Michele Jones, Overland Park, Kansas, to acquire control of Platte County Bancshares, Inc., Platte City, Missouri, parent of Platte Valley Bank of Missouri, Platte City, Missouri.
Newspaper: Not available
Federal Register: 11/08/2012
STURM FINANCIAL GROUP, INC. CIC Notification by Number One-A Irrevocable Trust, Number Two-A Irrevocable Trust, and John A. Fox, trustee, all of Denver, Colorado, to become members of the Sturm control group and thereby acquire control of Sturm Financial Group, Inc., parent of ANB Bank, both in Denver, Colorado.
Newspaper: Not available
Federal Register: 11/13/2012
TOWSEND HOLDING COMPANY * 3A1 Townsend Holding Company to become a bank holding company through the acquisition of 100 percent of the outstanding voting shares of Bank of Grove, both in Grove, Oklahoma.
Newspaper: 12/01/2012
Federal Register: Not available


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 VI, SALINA, KANSAS 804758 07/23/2012 10/23/2012 S Small Bank
FIRST BK&TC, MINDEN, NEBRASKA 114859 07/09/2012 10/08/2012 S Small Bank
FIRST PRYORITY BK, PRYOR, OKLAHOMA 524953 07/16/2012 10/17/2012 S Small Bank
GUARANTY B&TC, DENVER, COLORADO 666657 06/18/2012 10/04/2012 O Large Bank
UNION ST BK, CLAY CENTER, KANSAS 865759 07/09/2012 10/08/2012 S Small Bank
VERUS BK NA, DERBY, KANSAS 728452 06/11/2012 10/10/2012 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