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 February 19, 2022

Filer Filing Type Filing Proposal End of Comment Period
CLARKSON BANCSHARES, LLC * 3A1 Clarkson Bancshares, LLC, Clarkson, Nebraska, to become a bank holding company through the acquisition of 100 percent of the voting shares of Clarkson Bank, Clarkson, Nebraska.
Newspaper: 02/05/2022
Federal Register: 02/09/2022
CORNHUSKER GROWTH CORPORATION CIC The Alice M. Dittman 2011 Irrevocable Trust, John F. Dittman, trustee, and Susan G. Dittman, all of Lincoln, Nebraska, to retain shares of Cornhusker Growth Corporation, Lincoln, Nebraska (CGC) and join the Dittman Family Group, a group acting in concert, that controls 25 percent or more of CGC, and thereby indirectly retain voting shares of Cornhusker Bank, Lincoln, Nebraska.
Newspaper: 03/07/2022
Federal Register: Not available
EMPRISE FINANCIAL CORPORATION CIC The M.D. Michaelis GST Exempt Trust and the M.D. Michaelis Trust B, Michael D. (M.D). Michaelis, Wichita, Kansas and L. Thomas Veatch, Park City, Kansas, both previously approved as co-trustees; and the Paula Sue Michaelis GST Exempt Trust and the Paula Sue Michaelis Trust B, Paula Sue Michaelis and M.D. Michaelis, both of Wichita, Kansas, and L. Thomas Veatch of Park City, Kansas, all previously approved as co-trustees; to become members of the Michaelis Family Group, a group acting in concert, to retain voting shares of Emprise Financial Corporation (the company), and thereby indirectly retain voting share of Emprise Bank, both of Wichita, Kansas. Aaron K. Veatch, Wichita, Kansas, as co-trustee of the Michael D. Michaelis Trust and the Paula Sue Michaelis Trust, previously approved trusts, with M.D. Michaelis and Paula Sue Michaelis, both previously approved co-trustees, to become a member of the Michaelis Family Group and to acquire shares of the company.%%%%
Newspaper: Not available
Federal Register: 03/07/2022
LEAD FINANCIAL GROUP, INC. CIC Harold Guyon ("Guy") Townsend III, as co-trustee of the SRT 2015 LFG Trust, with Sarah F. Rowland, previously approved co-trustee, all of Kansas City, Missouri; to join the Rowland/Townsend Family Group, a group acting in concert, to acquire voting shares of Lead Financial Group, Inc., and thereby indirectly acquire voting shares of Lead Bank, both of Kansas City, Missouri.
Newspaper: Not available
Federal Register: Not available
MY ANNS CORPORATION CIC Xinwei Lu, Glen Head, New York; Peter Sasaki, New York, New York; John Zeng, Newport Coast, California; and Beidi Zheng, Los Gatos, California; to form a group acting in concert to acquire voting shares of My Anns Corporation, and thereby indirectly acquire voting shares of Piqua State Bank, both of Piqua, Kansas.
Newspaper: 02/09/2022
Federal Register: 02/08/2022
NORTHEAST KANSAS BANCSHARES, INC. CIC The Graydon J. Kincaid, Jr. 2020 Trust, dated December 1, 2020, and Graydon J. Kincaid, Jr., as trustee, both of Mission Hills, Kansas, to acquire voting shares of Northeast Kansas Bancshares, Inc., and thereby indirectly acquire voting shares of Kendall Bank, both of Overland Park, Kansas.
Newspaper: Not available
Federal Register: Not available
NORTHEAST KANSAS BANCSHARES, INC. CIC Ryan C. Sullivan, Mission Hills, Kansas, and Bryan J. Adams, Fairway, Kansas, to establish the Sullivan/Adams control group, a group acting in concert, to retain voting shares of Northeast Kansas Bancshares, Inc, and thereby indirectly retain voting shares of Kendall Bank, both of Overland Park, Kansas.
Newspaper: Not available
Federal Register: Not available
NORTHERN MISSOURI BANCSHARES, INC. CIC David Tribble, a member of the Tribble Family Group, a group acting in concert, as trustee of the David Tribble Revocable Trust, and as general partner of Tribble Family Partners, L.P., all of Unionville, Missouri, to retain voting shares of Northern Missouri Bancshares Inc., and thereby indirectly retain voting shares of Farmers Bank of Northern Missouri, both of Unionville, Missouri; Exchange Bank of Missouri, Fayette, Missouri; and Concordia Bank, Concordia, Missouri.
Newspaper: Not available
Federal Register: Not available
UNITED BANK & TRUST * 18C
* Branch
United Bank & Trust, Marysville, Kansas, to purchase certain assets and assume certain liabilities of the branches of Equity Bank, Andover Kansas, located at 302 West 6th Street, Concordia, Kansas, 1404 28th Street, Belleville, Kansas, and 413 Washington, Clyde, Kansas; and incident thereto, to establish three branches.
Newspaper: Not available
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
MNB BK, MCCOOK, NEBRASKA 575759 11/15/2021 02/14/2022 S Int Small Bank


CRA Examinations scheduled for Second Quarter of 2022 (April 1, 2022 - June 30, 2022) and Third Quarter of 2022 (July 1, 2022 - September 30, 2022)

Institution Location Quarter
BANK OF HOLYROOD HOLYROOD, KANSASSecond Quarter of 2022
BANK OF LOCUST GROVE LOCUST GROVE, OKLAHOMASecond Quarter of 2022
CITIZENS B&TC OF ARDMORE ARDMORE, OKLAHOMASecond Quarter of 2022
COMMUNITY B&TC NEOSHO, MISSOURISecond Quarter of 2022
CORNERSTONE BK YORK, NEBRASKASecond Quarter of 2022
EQUITABLE BK GRAND ISLAND, NEBRASKASecond Quarter of 2022
FARMERS ST BK PINE BLUFFS, WYOMINGSecond Quarter of 2022
GRANT CTY BK MEDFORD, OKLAHOMASecond Quarter of 2022
HIGH PLAINS BK FLAGLER, COLORADOSecond Quarter of 2022
LAMAR B&TC LAMAR, MISSOURISecond Quarter of 2022
PEOPLES BK PRATT, KANSASSecond Quarter of 2022
STRYV BK WICHITA, KANSASSecond Quarter of 2022
SOUTHWEST BK OF WEATHERFORD WEATHERFORD, OKLAHOMAThird Quarter of 2022

* 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