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: 8
Federal Reserve Bank of: St. Louis

Filings received during the week ending November 26, 2016

Filer Filing Type Filing Proposal End of Comment Period
CENTENNIAL BANK * 18C
* Branch
Centennial Bank, Conway, Arkansas, to merge with Landmark Bank, N.A., Fort Lauderdale, Florida, and to retain the acquired facilities as branch offices.
Newspaper: Not available
Federal Register: Not applicable
FIRST NATIONAL BANCORP, INC. * 3A3 First National Bancorp, Inc., Green Forest, Arkansas, to acquire 8.10 percent of Legacy BancShares, Inc., Springdale, Arkansas, and thereby indirectly retain ownership in Legacy National Bank, Springdale, Arkansas.
Newspaper: Not available
Federal Register: Not available
FIRST SECURITY BANCORP * 3A3 First Security Bancorp, Searcy, Arkansas, to increase its ownership in CrossFirst Holdings, LLC, Leawood, Kansas, from 10.43 percent to 14.53 percent through the purchase of up to 500,000 additional common member units, and thereby increase its interest in CrossFirst Bank, Leawood, Kansas.
Newspaper: 12/23/2016
Federal Register: Not available
FIRST STATE BANK AND TRUST COMPANY, INC. * 18C First State Bank and Trust Company, Inc., Caruthersville, Missouri, to purchase certain assets and assume certain liabilities of the Dexter, Missouri branch of Montgomery Bank, National Association, Sikeston, Missouri.
Newspaper: 12/23/2016
Federal Register: Not applicable
FNBC BANCORP INC CIC Notice by the Pat McInnis Cooper Marital Trust, John A. Cooper III as trustee, individually and as part of a family control group that also includes the Pat McInnis Cooper Family Trust, John A. Cooper III as trustee, the Pat McInnis Cooper GS Trust, John A. Cooper III as trustee, and the John A. Cooper Jr. Family Trust, John A. Cooper III as trustee, all of Rogers, Arkansas, for the marital trust to retain control of 44.44 percent and for the family control group to retain control of 64.49 percent of FNBC Bancorp, Inc., Ash Flat, Arkansas.
Newspaper: Not available
Federal Register: 12/05/2016
HOME BANCSHARES, INC. * 3A5 Home BancShares, Inc., Conway, Arkansas, to acquire, through merger, Giant Holdings, Inc., Fort Lauderdale, Florida, and thereby indirectly acquire Landmark Bank, N.A., Fort Lauderdale, Florida.
Newspaper: Not available
Federal Register: Not available
LEGACY BANCSHARES, INC. * 3A1 Legacy BancShares, Inc., Springdale, Arkansas, to become a bank holding company by acquiring 100 percent of Legacy National Bank, Springdale, Arkansas.
Newspaper: 12/24/2016
Federal Register: Not available
LONOKE BANCSHARES, INC. * 3A3 Lonoke Bancshares, Inc., Lonoke, Arkansas, to indirectly acquire 100 percent of Pinnacle Bancshares, Inc., Rogers, Arkansas, and thereby indirectly acquire Pinnacle Bank, Rogers, Arkansas.
Newspaper: 12/14/2016
Federal Register: 12/21/2016
SIMMONS FIRST NATIONAL CORPORATION * 3A5 Simmons First National Corporation, Pine Bluff, Arkansas, to acquire 100 percent of Hardeman County Investment Company Inc., Jackson, Tennessee, and thereby indirectly acquire First South Bank, Jackson, Tennessee.
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 First Quarter of 2017 (January 1, 2017 - March 31, 2017)

Institution Location
BANK OF FAYETTE CTY PIPERTON, TENNESSEE
BANK OF IBERIA IBERIA, MISSOURI
CITIZENS BK HARTFORD, KENTUCKY
EVOLVE B&TC WEST MEMPHIS, ARKANSAS
FARMERS B&TC MAGNOLIA, ARKANSAS
FIRST CMNTY BK MARION, ARKANSAS
FIRST ST BK OF WARREN WARREN, ARKANSAS
LEWISBURG BKG CO LEWISBURG, KENTUCKY
MIDWEST BANKCENTRE SAINT LOUIS, MISSOURI
PEOPLES B&TC CO TROY, MISSOURI
SOUTHERN BANCORP BK ARKADELPHIA, ARKANSAS
TEXICO ST BK TEXICO, ILLINOIS

* 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