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 March 4, 2017

Filer Filing Type Filing Proposal End of Comment Period
CENTURY BANCSHARES, INC. CIC Notice by John Christopher Harlin, Trustee of the John Christopher Harlin Revocable Trust, John L. Harlin Trustee of the Hugh T. Harlin Trust, John L. Harlin, Trustee UTA John L. Harlin Trust, Linda K. Harlin Trustee UTA Linda K. Harlin Trust, Abigail Christen Harlin, Bradley J. Hardcastle Trustee of the Bradley J. Hardcastle Trust, all of Gainesville, Missouri, Lisa M. Gables of Clifton, Virginia, and Joe D. Hardcastle and B. Sherrill Hardcastle Trustees of the Joe D. Hardcastle Revocable Trust, B. Sherrill Hardcastle and Joe D. Hardcastle Trustees of the B. Sherrill Hardcastle Revocable Trust, Sherrill Hardcastle Custodian under MO-UTMA FBO Faith Morgan Harlin, all of Lebanon, Missouri, collectively as a group acting in concert, to retain control of Century Bancshares, Inc., Gainesville, Missouri, and thereby retain indirect control of its subsidiary bank, Century Bank of the Ozarks, Gainesville, Missouri. Century Bancshares, Inc. also controls Ozarks Heritage Financial Group, Inc. of Gainesville, Missouri. Ozarks Heritage Financial Group, Inc. controls Legacy Bank & Trust Company of Rogersville, Missouri.
Newspaper: Not available
Federal Register: 03/23/2017
MILES BANCSHARES, INC. * 3A3 Miles Bancshares, Inc., Advance, Missouri, to acquire up to 5.31 percent of the voting shares of UBT Bancshares, Inc., Marysville, Kansas, and thereby indirectly acquire United Bank & Trust, Marysville, Kansas.
Newspaper: 03/25/2017
Federal Register: 03/29/2017
SOUTHERN BANCORP, INC * 18C
* Branch
* 3A3
Southern Bancorp, Inc., Arkadelphia, Arkansas, to acquire 100 percent of the voting shares of Farmers Bank, Hamburg, Arkansas. Also Southern Bancorp Bank, Arkadelphia, Arkansas, to merge with Farmers Bank, Hamburg, Arkansas, and to retain the acquired facility as a branch office.
Newspaper: 03/25/2017
Federal Register: 03/27/2017


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
FIRST SAVINGS BK, CLARKSVILLE, INDIANA 785473 09/19/2016 02/09/2017 S Int Sm Bank
MIDLAND ST BK, EFFINGHAM, ILLINOIS 773247 09/12/2016 02/24/2017 S Large 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