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 January 20, 2018

Filer Filing Type Filing Proposal End of Comment Period
FIRST BRECKINRIDGE BANCSHARES, INC. * 3A1
* 3A3
First Breckinridge Bancshares, Inc. Irvington, Kentucky, to acquire 81% of the voting shares of Bancorp of Lexington, Inc, Lexington, Kentucky and thereby indirectly acquire Bank of Lexington, Inc., Lexington, Kentucky. Also a companion filing by Saber Investments, Inc., Irvington, Kentucky to become a bank holding company by acquiring 100% of the voting shares of Bancorp of Lexington, Inc., Lexington, Kentucky and thereby indirectly acquire Bank of Lexington, Inc., Lexington, Kentucky.
Newspaper: 02/19/2018
Federal Register: Not available
MEADE BANCORP, INC. * 3A3 Meade Bancorp, Inc. Brandenburg, Kentucky to acquire 19% of the voting shares of Bancorp of Lexington, Inc., Lexington, Kentucky, and thereby indirectly acquire Bank of Lexington, Inc., Lexington, Kentucky.
Newspaper: 02/19/2018
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
CENTRAL BK OF THE OZARKS, SPRINGFIELD, MISSOURI 290052 09/11/2017 01/10/2018 S Int Sm Bank
HEARTLAND BK, LITTLE ROCK, ARKANSAS 155777 10/02/2017 01/05/2018 S Small Bank


CRA Examinations scheduled for     Quarter of

Institution Location Quarter
NONE

* 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