Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

District: 8
Federal Reserve Bank of: St. Louis

Filings received during the week ending August 29, 2009

Filer

Filing Type

Filing Proposal

End of Comment Period

CITIZENS STATE BANKSHARES OF BALD KNOB, INC.

CIC

Notice by Larry E. Kircher, Trustee of the Larry E. Kircher Revocable Trust, 4/12/07, and Molly H. Kircher, Trustee of the Molly H. Kircher Revocable Trust, 4/12/07, all of Bald Knob, Arkansas, acting in concert to retain control of Citizens State Bankshares of Bald Knob, Inc., Bald Knob, Arkansas.

Newspaper:	09/09/2009
Federal Register:	09/14/2009

COMMUNITY FIRST BANCSHARES, INC.

CIC

Notice by Robert E. Kirkland, Union City, Tennessee, individually and as member of the Kirkland family control group, which consists of himself, REK, LP, Union City, Tennessee; the Christopher R. Kirkland Revocable Trust (Christopher R. Kirkland as trustee), Brentwood, Tennessee; Bedford F. Kirkland, Lebanon, Tennessee; and Macy Darnell Swensson. Robert E. Kirkland will individually acquire control of 21.51 percent of Community First Bancshares, Inc., Union City, Tennessee ("Bancshares"), and the Kirkland family control group will acquire control of 25.82 percent of Bancshares.

Newspaper:	09/15/2009
Federal Register:	09/15/2009

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
CENTENNIAL BK, CONWAY, ARKANSAS	456045	05/04/2009	08/20/2009	S	Int Sm Bank

CRA Examinations scheduled for Quarter of

Institution	Location
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 8 Federal Reserve Bank of: St. Louis

Filings received during the week ending August 29, 2009

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 8
Federal Reserve Bank of: St. Louis