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 24, 2007

Filer Filing Type Filing Proposal End of Comment Period
ANTELOPE BANCSHARES, INC. CIC Notice by David and Joyce Sullivan, Elgin, Nebraska, individually; and by Billy and Karen Novak, and Alan and Kim Grossnicklaus, Elgin, Nebraska, Terry and Rhonda Novak, and Randy Novak, Neligh, Nebraska, and Richard and Sandy Seckman, Schuyler, Nebraska, as a group acting in concert; to acquire control of Antelope Bancshares, Inc., parent of Bank of Elgin, both in Elgin, Nebraska, through the acquisition of voting shares.
Newspaper: 03/07/2007
Federal Register: 02/28/2007
BANK OF BLUE VALLEY * 18C
* Branch
Bank of Blue Valley, Overland Park, Kansas, to purchase certain assets and assume certain liabilities of the 9500 Lackman Road branch of Northland National Bank, Gladstone, Missouri, and incident thereto, to establish a branch.
Newspaper: Not available
Federal Register: Not applicable
CUNNINGHAM AGENCY, INC. CIC Notification by Jeffrey G. Dawson Revocable Trust dated 6-10-05, Mound City, Kansas, Jeffrey G. Dawson, trustee, to retain control of Cunningham Agency, Inc., parent of Farmers and Merchants Bank of Mound City, both in Mound City, Kansas, through the acquisition of voting shares.
Newspaper: Not available
Federal Register: Not available
EXCHANGE BANK AND TRUST COMPANY * Branch Exchange Bank and Trust Company, Perry, Oklahoma, to establish a branch at 4301 W. 6th, Stillwater, Oklahoma.
Newspaper: 02/25/2007
Federal Register: Not applicable
FIRST COLORADO FINANCIAL CORP. * 3A1 First Colorado Financial Corp., Paonia, Colorado, to become a bank holding company through the acquisition of 100 percent of the voting shares of First National Bank of Paonia, Paonia, Colorado.
Newspaper: Not available
Federal Register: 03/05/2007
FIRST NATIONAL OF ILLINOIS, INC. * 3A3 Application by First National of Illinois, Inc., Omaha, Nebraska, to acquire 100 percent of the voting shares of First Marengo Financial Corporation, parent of First National Bank of Marengo, both in Marengo, Illinois. Application filed by First National of Nebraska, Inc., and Lauritzen Corporation, both of Omaha, Nebraska, to indirectly acquire 100 percent of the voting shares of First Marengo Financial Corporation, Marengo, Illinois, parent of First National Bank of Marengo, Marengo, Illinois.
Newspaper: Not available
Federal Register: 03/23/2007
HILLCREST BANCSHARES, INC. CIC Notification by Pella Fingersh Hillcrest Stock Trust and Trust #2 for Julie Fingersh, Pella Fingersh, Naples, Florida, trustee; Julie Fingersh Hillcrest Stock Trust, Julie Fingersh, San Rafael, California, trustee; Paul Fingersh Hillcrest Stock Trust, Paul Fingersh, Kansas City, Missouri, trustee; and Jack N. Fingersh Family Trust and Indenture of Trust of Jack Fingersh, dated 8-21-92, Jack Fingersh, Naples, Florida, trustee; and JPJ Investments, and FT Partners, LP, both in Kansas City, Missouri and controlled by Jack Fingersh; to retain control of Hillcrest Bancshares, Inc., parent of Hillcrest Bank, both in Overland Park, Kansas, through the acquisition of voting shares.
Newspaper: Not available
Federal Register: 03/08/2007
KANSAS PACIFIC INVESTMENTS, LLC 3A1 Kansas Pacific Investments, LLC, to become a bank holding company through the acquisition of 100 percent of the voting shares of First National Bank, both in Hays, Kansas.
Newspaper: Not applicable
Federal Register: Not applicable
PINNACLE BANCORP, INC. * 3A3 Pinnacle Bancorp, Inc., Central City, Nebraska, to acquire 100 percent of the voting shares of Farmers and Merchants Bank, Imperial, Nebraska.
Newspaper: Not available
Federal Register: 03/23/2007
SPALDING CITY CORPORATION 4c8 Spalding City Corporation, Omaha, Nebraska, to continue to engage in general insurance activities through the retention of Spalding City Insurance Agency, Spalding, Nebraska.
Newspaper: Not applicable
Federal Register: 03/13/2007


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 Second Quarter of 2007 (April 1, 2007 - June 30, 2007)

Institution Location
1ST BK EVANSTON, WYOMING
1ST FNCL BK OVERLAND PARK, KANSAS
ADAMS B&TC OGALLALA, NEBRASKA
BANK OF DURANGO DURANGO, COLORADO
CITIZENS SECURITY B&TC BIXBY, OKLAHOMA
COMMUNITY B&TC NEOSHO, MISSOURI
COWBOY ST BK RANCHESTER, WYOMING
FIRST ST BK NESS CITY, KANSAS
MORRIS ST BK MORRIS, OKLAHOMA
PREMIER BK DENVER, COLORADO

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