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 May 8, 2021

Filer Filing Type Filing Proposal End of Comment Period
BRUNING BANCSHARES, INC. CIC Fred D. Bruning, Bruning, Nebraska, and Jane A. Tonniges, of Omaha, Nebraska, as members of the Bruning Family Group, individually, and as trustees of family trusts listed below, to retain voting shares of Bruning Bancshares, Inc., Bruning, Nebraska (Bancshares). In addition, the Frank L. Bruning Nonqualifying Trust Share created under the Last Will and Testament of Frank L. Bruning, Bruning, Nebraska, Fred D. Bruning, and Jane A. Tonniges, co-trustees; the Fred D. Bruning 2020 Irrevocable Trust, Penni J. Bruning, trustee, both of Bruning, Nebraska and Dennis C. Stara, special purpose trustee, Lincoln, Nebraska; the Jane A. Tonniges Revocable Trust, Omaha, Nebraska, Jane A. Tonniges, trustee; the Mary B. Bruning Revocable Trust, Mary B. Bruning, co-trustee, both of Bruning, Nebraska, and Fred D. Bruning and Jane A. Tonniges, co-trustees; Adam F. Bruning, Hebron, Nebraska; Reiss L. Bruning, Bruning, Nebraska; Christopher Tonniges, Omaha, Nebraska; and Dennis C. Stara, Lincoln, Nebraska; to join the Bruning Family Group, a group acting in concert, to retain voting shares of Bancshares, and indirectly retain voting shares of Bruning Bank, Bruning, Nebraska.
Newspaper: Not available
Federal Register: 05/26/2021
CHISHOLM TRAIL STATE BANK Member Chisholm Trail State Bank, Wichita, Kansas, to become a member of the Federal Reserve System.
Newspaper: Not applicable
Federal Register: Not applicable
EBERLY INVESTMENT CO. CIC The John B. and Lois J. Eberly Real Estate Trust (RE Trust), John B. and Lois J. Eberly, co-trustees, all of Stanton, Nebraska, to retain shares of Eberly Investment Co. (the company) and thereby retain shares of the Stanton State Bank, both of Stanton, Nebraska. Additionally, the RE Trust, Lois J. Eberly and Louise G. Eberly, all of Stanton, Nebraska, to retain shares of the company as members of the Eberly Family Group. John B. Eberly was previously approved to acquire control of company.
Newspaper: 05/14/2021
Federal Register: 05/10/2021
FARMERS STATE BANCSHARES, INC. CIC Christopher D. Stull and Andrea L. Stull, both of Timnath, Colorado; Douglas L. Hadden and Julie B. Hadden, both of Bridgeport, Nebraska; and Colton E. Stull and Jayden J. Stull, both of Hickman, Nebraska, to acquire voting shares of Farmers State Bancshares, Inc., Dodge, Nebraska, and join the Stull Family Group, a group acting in concert, and thereby indirectly acquire voting shares of Farmers State Bank, Dodge, Nebraska. Also, the Richard A. Stull Trust, Richard A. Stull, Trustee, both of Bridgeport, Nebraska; the Ogard Family Revocable Trust, Monty C. Ogard and Judy K. Ogard, Trustees, all of Bridgeport, Nebraska; and the Louis Marcuzzo Revocable Trust, Louis J. Marcuzzo, Trustee, both of Omaha, Nebraska, each to join the Stull Family Group, a group acting in concert, and retain voting shares of Farmers State Bancshares, Inc.
Newspaper: 05/26/2021
Federal Register: 05/21/2021
FIRST CENTRALIA BANCSHARES, INC. CIC The Bruce L. Bachman Trust for Whitney E. Martin dated December 29, 2020 and Whitney E. Martin, as trustee, both of Leawood, Kansas, and the Bruce L. Bachman Trust for Tyler J. Bachman dated December 29, 2020 (TJB Trust), Tyler J. Bachman, trustee, both of Shawnee, Kansas, to retain shares of First Centralia Bancshares, Inc., Centralia, Kansas, (the company) and to join the Bachman Family Control Group, a group acting in concert, and thereby indirectly retain shares of First Heritage Bank, Centralia, Kansas. Tyler J. Bachman, trustee of the TJB trust, previously was approved as a member of the Bachman Family Control Group.
Newspaper: 05/11/2021
Federal Register: 05/13/2021
FIVE POINTS BANK * Branch Five Points Bank, Grand Island, Nebraska, to establish a branch at 1303 North 205th Street, Elkhorn, Nebraska.
Newspaper: 04/26/2021
Federal Register: Not applicable
FNB FINANCIAL CORPORATION CIC Michael Quintana, Las Vegas, New Mexico, to acquire voting shares of FNB Financial Corporation, and thereby indirectly acquire voting shares of Community 1st Bank Las Vegas both of Las Vegas, New Mexico.
Newspaper: Not available
Federal Register: 05/10/2021
NBM CORPORATION CIC Matthew M. McGowan, McAlester, Oklahoma, as trustee of various family trusts listed below, and as trustee of the NBM Corporation 401(k) Employee Stock Option Plan, McAlester, Oklahoma; the Matthew M. McGowan Revocable Trust and the McGowan Children's Trust, both of Oklahoma City, Oklahoma, Matthew M. McGowan, trustee; the Mary Nancy McGowan Revocable Trust UTA, Oklahoma City, Oklahoma, Mary N. McGowan, trustee, McAlester, Oklahoma; the Michelle Tompkins Living Trust, Michelle McGowan Tompkins, trustee, both of Oklahoma City, Oklahoma; Michal Shannon McGowan Helvey and Hannah McGowan Hughes, both of Edmond, Oklahoma; William McGowan and Madeline McGowan, both of McAlester, Oklahoma; Michael J. Tompkins, Tulsa, Oklahoma; Pendleton T. Tompkins, Oklahoma City, Oklahoma; and certain minor children of the listed individuals, to join the McGowan Family Group, a group acting in concert, to retain voting shares of NBM Corporation, McAlester, Oklahoma, and thereby indirectly retain voting shares of The Bank, National Association, McAlester, Oklahoma.
Newspaper: 05/17/2021
Federal Register: 05/21/2021


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     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