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 May 14, 2022

Filer Filing Type Filing Proposal End of Comment Period
BLUE SKY BANK * 18C
* Branch
Blue Sky Bank, Pawhuska, Oklahoma, to purchase certain assets and assume certain liabilities of a branch of Security State Bank of Oklahoma, Wewoka, Oklahoma, located at 308 N. Main, Fairfax, Oklahoma, and incident thereto establish a branch.
Newspaper: 05/23/2022
Federal Register: Not applicable
C L C ENTERPRISES, INC. CIC The H.J. and Janet Podoll Living Trust dated June 24, 2002, and H.J. Podoll and Janet Podoll, as trustees, to join the Clabaugh Family Group, a group acting in concert, to retain shares of CLC Enterprises, Inc., Nelson, Nebraska (CLC), and thereby indirectly retain voting shares of Commercial Bank (the bank), both of Nelson, Nebraska. Todd A. Clabaugh, Elm Creek, Nebraska; and Travis Clabaugh, Sioux Center, Iowa; to join the Clabaugh Family Group, to acquire and retain voting shares of CLC and thereby indirectly acquire and retain voting shares of the bank.
Newspaper: Not available
Federal Register: 05/31/2022
CLINTON BANCSHARES, INC. CIC The Berry Leaf Sewell Revocable Trust, Berry L. Sewell and Adrienne M. Sewell, as co-trustees, all of Clinton, Oklahoma; to become members of the Sewell Family Control Group, a group acting in concert, to acquire voting shares of Clinton Bancshares, Inc., and thereby indirectly acquire voting shares of First Bank and Trust Company, both of Clinton, Oklahoma. Additionally, the Frank A. Sewell IV 1998 Irrevocable Trust, First Bank and Trust Company, as trustee; the Frank A. Sewell III 2012 Revocable Trust, Lucie K. Sewell and First Bank and Trust Company, co-trustees; the Lucie K. Sewell 2012 Revocable Trust, Lucie K. Sewell, trustee; and the Lucie K. Sewell 2012 Irrevocable Trust, Berry L. Sewell and First Bank and Trust Company, co-trustees, all of Clinton, Oklahoma; to become members of the Sewell Family Control Group, to retain voting shares of Clinton Bancshares, Inc., and thereby indirectly retain voting shares of First Bank and Trust Company.
Newspaper: Not available
Federal Register: Not available
ENTERPRISE BANK * Branch Enterprise Bank, Omaha, Nebraska, to establish a branch at 535 North 132nd Street, Omaha, Nebraska.
Newspaper: Not available
Federal Register: Not applicable
EXCHANGE BANK OF MISSOURI * Branch Exchange Bank of Missouri, Fayette, Missouri, to establish a branch at 500 N. Route B, Hallsville, Missouri.
Newspaper: 05/12/2022
Federal Register: Not applicable
HAVILAND BANCSHARES, INC. CIC Michael Mark Matthews, Houston, Texas and Anthony Charles Matthews, Estero, Florida, to retain voting shares as trustees of the Haviland Bancshares, Inc. Employee Stock Ownership Plan and thereby control voting shares of Haviland Bancshares, Inc. and indirectly The Haviland State Bank, all of Haviland, Kansas; and to both join the Matthews Family Group, a group acting in concert.
Newspaper: Not available
Federal Register: 05/27/2022
HAVILAND BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN CIC Michael Mark Matthews, Houston, Texas and Anthony Charles Matthews, Estero, Florida, to retain voting shares as trustees of the Haviland Bancshares, Inc. Employee Stock Ownership Plan and thereby indirectly control voting shares of Haviland Bancshares, Inc. and The Haviland State Bank, all of Haviland, Kansas; and to both join the Matthews Family Group, a group acting in concert.
Newspaper: Not available
Federal Register: 05/27/2022
IRONHORSE FINANCIAL GROUP, INC. CIC Kelsi Farmer, a member of the Armstrong Family Group, a group acting in concert, as trustee of various Armstrong Family trusts, to acquire additional shares off Ironhorse Financial Group, Inc. (the Company), and thereby indirectly acquire additional shares of Armstrong Bank (the Bank), both of Muskogee, Oklahoma. Lee Ann Bumpers 2022 Irrevocable Trust, Lee Ann Bumpers , trustee, (previously approved as trustee of other family trusts to join the Armstrong Family Group, to retain shares of the Company and thereby indirectly retain voting shares of the Bank.
Newspaper: Not available
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
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