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 December 4, 2021

Filer Filing Type Filing Proposal End of Comment Period
BANCFIRST CORPORATION * 3A3 BancFirst Corporation, Oklahoma City, Oklahoma, to acquire Worthington National Bank, Arlington, Texas.
Newspaper: 12/25/2021
Federal Register: 12/31/2021
CENTRAL BANCORP, INC. CIC Susan Johnson, Colorado Springs, Colorado, to join the Dwan/Vasilius Family Group, a group acting in concert, and to retain voting shares of Central Bancorp, Inc., Colorado Springs, Colorado (Central), and thereby indirectly retain voting shares of Farmers & Stockmens Bank, Clayton, New Mexico (Farmers). Also, the Charles J. Vasilius Trust and the Janet M. Vasilius Trust, both of Colorado Springs, Colorado, to retain voting shares, and Justin Leveille, Colorado Springs, Colorado, as trustee of each and, individually, to retain and acquire voting shares; Charles Vasilius and Stephanie Vasilius, both of Denver, Colorado; Nicholas Vasilius, Kirkland, Washington; and Alexandra Pitnell, Pittsford, New York, to retain voting shares of Central; The Susan Dwan Johnson Trust, the Elizabeth Dwan McNamara Trust, the Patricia Dwan Smith Trust, the Clare Dwan Harting Trust, the Kathleen Dwan Trust, and the Ann T. Dwan Trust, all of Colorado Springs, Colorado, to retain voting shares, and Tim Coutts, Colorado Springs, Colorado, as trustee of each and, individually, to retain and acquire voting shares of Central; and all to join the Dwan/Vasilius Family Group.
Newspaper: 12/14/2021
Federal Register: 12/20/2021
CHISHOLM TRAIL FINANCIAL CORPORATION CIC The Michael J. Klaassen Revocable Trust and Carol S. Klaassen Family Trust, Michael Klaassen trustee, all of Wichita, Kansas, to join the Klaassen Family Group, a group acting in concert, and retain voting shares of Chisholm Trail Financial Corporation, and thereby indirectly retain voting shares of Stryv Bank, both of Wichita, Kansas. Also, The Michael J. Klaassen Qualified Subchapter S Trust, Michael Klaassen trustee, both of Wichita, Kansas; Linda J. Klaassen Revocable Trust, Linda Klaassen trustee, Kourt Klaassen, Derek Ryan Klaassen, and Brent Klaassen, all of Whitewater, Kansas; Trevor J. Klaassen, Oklahoma City, Oklahoma; and Mitchell R. Klaassen, Frisco, Texas; to join the Klaassen Family Group, a group acting in concert, and acquire voting shares of Chisholm Trail Financial Corporation, and thereby indirectly acquire voting shares of Stryv Bank, both of Wichita, Kansas.
Newspaper: 12/10/2021
Federal Register: 12/15/2021
CORNHUSKER BANK * Branch Cornhusker Bank, Lincoln, Nebraska, to establish a branch at 3500 Faulkner Dr., Lincoln, Nebraska.
Newspaper: 12/12/2021
Federal Register: Not applicable
FIRST NATIONAL UTICA COMPANY CIC James P. Liggett, Vancouver Washington; Scott P. Liggett, Islamorada, Florida; and Lee B. Liggett, Phippsburg, Maine; to acquire voting shares of First National Utica Company, and thereby indirectly acquire voting shares of First Bank of Utica, Utica, Nebraska, and to form the Liggett Family Group.
Newspaper: Not available
Federal Register: 12/08/2021
GRAND BANK Member Grand Bank, Tulsa, Oklahoma, to become a member of the Federal Reserve System.
Newspaper: Not applicable
Federal Register: Not applicable
PAULS VALLEY BANCORP, INC. * 3A1 Pauls Valley Bancorp, Inc., to acquire Valley Bancshares, Inc., and thereby indirectly acquire The Pauls Valley National Bank, all of Pauls Valley, Oklahoma.
Newspaper: 12/31/2021
Federal Register: Not available
TRI-COUNTY COMPANY CIC Sally Jo Schmaderer Trust, Jon D. Schmaderer and as trustee, both of Stuart, Nebraska; and Joel M. Steinhauser Ainsworth, Nebraska; to become members of the Schmaderer Family Group, a group acting in concert, to retain voting shares of Tri-County Company, and thereby indirectly retain voting shares of The Tri-County Bank, both of Stuart, Nebraska; Nancy Jo Steinhauser, Ainsworth, Nebraska; Sue Anne Philson, Lincoln, Nebraska; and Jon D. Schmaderer, Stuart, Nebraska; to become members of the Schmaderer Family Group, to acquire additional voting shares of Tri-County Company, and indirectly acquire voting shares of The Tri-County Bank.
Newspaper: 12/25/2021
Federal Register: 12/21/2021


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 Quarter
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