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 January 20, 2024
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| CENTRAL BANCSHARES, INC. | Change in Bank Control | Adams Land Improvement, Inc., Arapahoe, Nebraska, to acquire voting shares of Central Bancshares, Inc., Cambridge, Nebraska, and thereby indirectly acquire voting shares of First Central Bank, Cambridge, Nebraska; First Central Bank McCook, McCook, Nebraska; and Republic Corporation and United Republic Bank, both of Omaha, Nebraska. | Not available | 01/25/2024 |
| GATEWAY FIRST BANCORP, INC. | Change in Bank Control | The Stitt Dynasty Trust dated December 31, 2021, Tulsa, Oklahoma (the Trust), to acquire voting shares of Gateway First Bancorp, Inc., Jenks, Oklahoma (the Company) and to join the Stitt Family Group, a group acting in concert, and thereby indirectly acquiring voting shares of Gateway First Bank, Jenks, Oklahoma. The Federal Reserve previously approved James Redman, the trustee of the Trust, to control the Company and as a member of the Stitt Family Group. | Not available | Not available |
| GENEVA STATE COMPANY | Waiver | Geneva State Company, Geneva, Nebraska, to waive the filing requirements of section 3 of the Bank Holding Company Act, in connection with its indirect acquisition of the State Bank of Odell, Odell, Nebraska. | Not applicable | Not applicable |
| PBT BANCSHARES, INC. | Change in Bank Control | Marcus Houghton and Corbin Houghton, both of Wichita, Kansas, to retain and acquire additional voting shares of PBT Bancshares, Inc. and thereby indirectly retain and acquire voting shares of Peoples Bank and Trust Company, both of McPherson, Kansas. Additionally, to approve Corbin Houghton as a member of the Houghton Family Control Group, a group acting in concert. | Not available | 01/25/2024 |
| THAYER AGENCY, INC. | Change in Bank Control | Patrick Kenner, Hebron, Nebraska; to retain voting shares of Thayer Agency, Inc., and thereby indirectly acquire voting shares of Thayer County Bank, both of Hebron, Nebraska. In addition, Rebecca Schure, Omaha, Nebraska; to become a member of the Kenner Family Group, a group acting in concert, to retain shares in Thayer Agency, Inc., and thereby indirectly acquire voting shares of Thayer County Bank, both of Hebron, Nebraska. | 02/15/2024 | 02/08/2024 |
* 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 |
|---|---|---|---|---|---|
| ENTERPRISE BK, OMAHA, NEBRASKA | 1836701 | 10/23/2023 | 08/07/2023 | S | Int Small Bank |
| 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 |
| UNITED B&TC, MARYSVILLE, KANSAS | 990352 | 01/23/2023 | 10/24/2022 | S | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||