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

District: 7
Federal Reserve Bank of: Chicago

Filings received during the week ending August 22, 2020

Filer

Filing Type

Filing Proposal

End of Comment Period

FIRST STATE BANCSHARES, INC.

CIC

Notice by Graham A. Werner Descendants Trust, Graham A. Werner as trustee; Graham A. and Barbara B. Werner Revocable Trust, Graham A. Werner and Barbara B. Werner as trustees; and Barbara B. Werner, as an individual, all of Naples, Florida; Michael D. Werner Declaration of Trust, Michael D. Werner as trustee, Key West, Florida; Lisbeth W. Bax Stock Trust, Lisbeth Bax as Trustee, Appleton, Wisconsin; Jeffrey Werner, Appleton, Wisconsin; David Werner, Neenah, Wisconsin; Ann Kreiter, Oak Park, Illinois; Gregory Werner, Barrington, Illinois; Jonathan Bax, Louisville, Kentucky; Ryan Werner Bille, Eden Prairie, Minnesota; Judson Werner, Waupun, Wisconsin; Brooke Werner, Waupaca, Wisconsin; Nathan Werner, Waupaca, Wisconsin; Hunt Werner, Charlotte, North Carolina; Andrew Bax, Pensacola, Florida; and Lindsey Bax, Huntsville, Alabama, as a group acting in concert, to join the Werner Family Control Group and to acquire and retain 25 percent or more control of First State Bancshares, Inc., New London, Wisconsin and thereby indirectly control First State Bank, both of New London, Wisconsin.

Newspaper:	09/04/2020
Federal Register:	09/10/2020

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 Fourth Quarter of 2020 (October 1, 2020 - December 31, 2020) and First Quarter of 2021 (January 1, 2021 - March 31, 2021)

Institution	Location	Quarter
CENTRAL BK	STORM LAKE, IOWA	Fourth Quarter of 2020
FIRST T&SB OF WATSEKA	WATSEKA, ILLINOIS	Fourth Quarter of 2020
SHELBY CTY ST BK	SHELBYVILLE, ILLINOIS	Fourth Quarter of 2020
BANK	WAPELLO, IOWA	First Quarter of 2021
BANK OF BRODHEAD	BRODHEAD, WISCONSIN	First Quarter of 2021
FNNB BK	NEWTON, IOWA	First Quarter of 2021
INDEPENDENT BK	GRAND RAPIDS, MICHIGAN	First Quarter of 2021
IOWA ST BK	HULL, IOWA	First Quarter of 2021
JOHNSON BK	RACINE, WISCONSIN	First Quarter of 2021
LAKE CITY BK	WARSAW, INDIANA	First Quarter of 2021
QUAD CITY B&TC	BETTENDORF, IOWA	First Quarter of 2021
RUSHVILLE ST BK	RUSHVILLE, ILLINOIS	First Quarter of 2021
STATE BK GENEVA	GENEVA, ILLINOIS	First Quarter of 2021
THUMB B&TC	PIGEON, MICHIGAN	First Quarter of 2021

* Subject to the provisions of the Community Reinvestment Act

District: 7 Federal Reserve Bank of: Chicago

Filings received during the week ending August 22, 2020

Availability of CRA Public Evaluations

CRA Examinations scheduled for Fourth Quarter of 2020 (October 1, 2020 - December 31, 2020) and First Quarter of 2021 (January 1, 2021 - March 31, 2021)

District: 7
Federal Reserve Bank of: Chicago