Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 10: Federal Reserve Bank of Kansas City PDF
Filings received during the week ending July 15, 2023
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| BANNER COUNTY BAN CORPORATION | Change in Bank Control | Dallen Juelfs, Lisco, Nebraska, and Lorenda Forbes, Beaver City, Nebraska, as trustees of the Banner County Ban Corp Employee Stock Ownership Plan; to acquire voting shares of Banner County Ban Corporation and thereby indirectly acquire voting shares of Banner Capital Bank, all of Harrisburg, Nebraska; and both individuals to join the Plate/Juelfs/Forbes Control Group, a group acting in concert. | Not available | 08/07/2023 |
| BANNER COUNTY BAN CORPORATION | Change in Bank Control | Daniel Plate, Houston, Texas, to join the Plate/Juelfs/Forbes Control Group, a group acting in concert, to acquire voting shares of Banner County Ban Corporation, and thereby indirectly acquire voting shares of Banner Capital Bank, both of Harrisburg, Nebraska. | Not available | 08/07/2023 |
| BANNER COUNTY BAN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST | Change in Bank Control | Dallen Juelfs, Lisco, Nebraska; and Lorenda Forbes, Beaver City, Nebraska, to become trustees of The Banner County Ban Corp Employee Stock Ownership Plan and Trust, and thereby indirectly acquire voting shares of Banner County Ban Corporation and its subsidiary, Banner Capital Bank, all of Harrisburg, Nebraska. | Not available | 08/07/2023 |
| Cosperity Bancorp, Inc. | * 3A1 | Cosperity Bancorp, Inc., Lee's Summit, Missouri, (in formation) to become a mutual bank holding company through the acquisition of First Federal Bank of Kansas City, Lee's Summit, Missouri, upon the conversion of First Federal Bank of Kansas City from mutual to stock form. | Not available | 08/21/2023 |
| FARMERS BANCSHARES, INC. | Change in Bank Control | Sharon Meek, Rogers, Arkansas, to retain voting shares of Farmers Bancshares, Inc., and thereby indirectly retain voting shares of Independent Farmers Bank, both of Maysville, Missouri. | Not available | 07/27/2023 |
| FARMERS BANK OF NORTHERN MISSOURI | * Branch (Domestic) | Farmers Bank of Northern Missouri, Unionville, Missouri, to establish a branch at 225 North Washington Street, Corydon, Iowa. | 06/29/2023 | Not applicable |
| FIRST NATIONAL BANCSHARES, INC. PROFIT SHARING AND EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST | * 3A3 | The First National Bancshares, Inc. Profit Sharing and Employee Stock Ownership Plan and Trust, to acquire additional voting shares, up to 49 percent of the voting shares of First National Bancshares, Inc., and thereby indirectly acquire additional shares of FNB Bank, all in Goodland, Kansas. | 07/30/2023 | 08/10/2023 |
* Subject to the provisions of the Community Reinvestment Act
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 OPTION BK, OSAWATOMIE, KANSAS | 285852 | 06/16/2023 | 03/06/2023 | S | Int Small Bank |
| FIVE POINTS BK, GRAND ISLAND, NEBRASKA | 554857 | 06/10/2023 | 03/13/2023 | O | Int Small Bank |
| PEOPLES BK, PRATT, KANSAS | 530655 | 07/11/2022 | 04/25/2022 | S | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||