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 17, 2018

Filer Filing Type Filing Proposal End of Comment Period
ALMENA INVESTMENTS, LLC * 3A1 Almena Investments, LLC, Almena, Kansas, to become a bank holding company through the acquisition of 100 percent of the voting shares of Almena State Bank, Almena, Kansas.
Newspaper: Not available
Federal Register: Not available
EQUITY BANK * 18C
* Branch
* 3A1
* 3A3
Equity Bank, Andover, Kansas, to merge with First National Bank of Liberal, and incident thereto, to establish five branches in Liberal and Hugoton, all in Kansas. Immediately prior, Equity Bancshares, Inc., Wichita, Kansas, to acquire, through its subsidiary, Oz Merger Sub, Inc., Topeka, Kansas, 100 percent of the voting shares of Kansas Bank Corporation, parent of First National Bank of Liberal, both of Liberal, Kansas.
Newspaper: Not available
Federal Register: 02/23/2018
FFP GROUP, INC. * 3A1 FFP Group, Inc., and its newly formed merger subsidiary, FFP Merger Sub, Inc., both of Denver, Colorado, to become bank holding companies through the acquisition of Raton Capital Corporation, Raton, New Mexico, parent of International Bank, Raton, New Mexico.
Newspaper: Not available
Federal Register: Not available
FIRST ALTUS BANCORP, INC. CIC Robert McMahan, John "Kyle" McMahan, and the McMahan Family Trust, Edythe McMahan, trustee, all of Altus, Oklahoma, to retain voting shares of First Altus Bancorp, Inc., Altus, Oklahoma, and for approval as members of the McMahan family group, which controls First Altus Bancorp, Altus, Oklahoma, and thereby indirect control of Frazer Bank, Altus, Oklahoma.
Newspaper: Not available
Federal Register: 03/07/2018
FIRSTOAK BANK * 18C
* Branch
FirstOak Bank, Independence, Missouri, to merge with The State Bank of Kansas, Fredonia, Kansas, and incident thereto, to establish a branch.
Newspaper: Not available
Federal Register: Not applicable
SWEDISH-AMERICAN BANCSHARES, INC. CIC Tanner Johnson, Courtland, Kansas; Travis Johnson, Wichita, Kansas; and Tara Renze, Leawood, Kansas, individually and as members of the Johnson Family Group, to retain voting shares of Swedish-American Bancshares, Inc., and thereby indirect control of Swedish-American State Bank, both of Courtland, Kansas.
Newspaper: Not available
Federal Register: 03/07/2018


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
COUNTRY CLUB BK, KANSAS CITY, MISSOURI 625654 10/16/2017 02/05/2018 O Large Bank
FNB WA, WASHINGTON, KANSAS 209559 11/06/2017 02/05/2018 S Small Bank
GRANT CTY BK, MEDFORD, OKLAHOMA 361354 11/13/2017 02/15/2018 S Small Bank
PEOPLES BK, LAWRENCE, KANSAS 177957 01/05/2015 02/13/2018 NI Int Sm Bank
ROSE HILL BK, ROSE HILL, KANSAS 190451 10/30/2017 02/07/2018 S Int Sm 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