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: 6
Federal Reserve Bank of: Atlanta

Filings received during the week ending February 22, 2020

Filer Filing Type Filing Proposal End of Comment Period
BUSINESS FIRST BANCSHARES, INC. * 3A5 Business First Bancshares, Inc., Baton Rouge, Louisiana, to merge with Pedestal Bancshares, Inc., Houma, Louisiana, and thereby acquire its subsidiary, Pedestal Bank, Houma, Louisiana.
Newspaper: 03/25/2020
Federal Register: Not available
CBOS BANKSHARES, INC. CIC After the fact change in control notice filed by The William T. Taylor Revocable Trust, Merritt Island, Florida; The Ruby Scott Watson Revocable Trust, Merritt Island, Florida; William T. Taylor, Merritt Island, Florida, individually, and as trustee of William T. Taylor Revocable Trust and The Ruby Scott Watson Revocable Trust; and Erna Taylor, Melbourne, Florida, as members of a group acting in concert to retain voting shares of CBOS Bankshares, Inc., Merritt Island, Florida, and thereby indirectly retain voting shares of Community Bank of the South, Merritt Island, Florida.
Newspaper: 02/27/2020
Federal Register: 02/24/2020
COMMUNITY BANCSHARES OF MISSISSIPPI, INC. EMPLOYEE STOCK OWNERSHIP PLAN * 3A3 Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan, Brandon, Mississippi, to acquire additional voting shares of common stock of Community Bancshares of Mississippi, Inc., Brandon, Mississippi, and thereby indirectly acquire its bank subsidiary, Community Bank of Mississippi, Forest, Mississippi, pursuant to section 3(a)(3) of the Bank Holding Company Act. The acquisition will increase Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan's ownership in Community Bancshares of Mississippi, Inc. to 18.75 percent.
Newspaper: 03/13/2020
Federal Register: 03/19/2020
RED RIVER BANCSHARES, INC. CIC Prior change in control notice filed by S3 Dynamics, L.P., and S3 Management, L.L.C., General Partner, both of Alexandria, Louisiana, for permission to acquire shares of Red River Bancshares, Inc., and its subsidiary bank, Red River Bank, both of Alexandria, Louisiana. S3 Dynamics, L.P. and S3 Management, L.L.C., General Partner, also seeks to join a group previously approved as a group acting in concert, which includes John Charles Simpson, New Orleans, Louisiana; John Charles Simpson, Jr., Fenton, Missouri; John Charles Simpson, Jr. Trust and Angela Katherine Simpson Trust (the Trusts) and Simeon A. Thibeaux, Jr., as trustee of the Trusts, all of Alexandria, Louisiana.
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
TRUXTON TC, NASHVILLE, TENNESSEE 3290240 10/28/2019 02/16/2020 S Int Small Bank


CRA Examinations scheduled for Second Quarter of 2020 (April 1, 2020 - June 30, 2020) and Third Quarter of 2020 (July 1, 2020 - September 30, 2020)

Institution Location Quarter
BANK OF GUEYDAN GUEYDAN, LOUISIANASecond Quarter of 2020
FIRST FL INTEGRITY BK NAPLES, FLORIDASecond Quarter of 2020
ANCHOR BK JUNO BEACH, FLORIDAThird Quarter of 2020
CAPSTAR BK NASHVILLE, TENNESSEEThird Quarter of 2020
COPIAH BK HAZLEHURST, MISSISSIPPIThird Quarter of 2020
RELIANT BK BRENTWOOD, TENNESSEEThird Quarter of 2020

* 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