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

District: 8
Federal Reserve Bank of: St. Louis

Filings received during the week ending June 11, 2022

Filer

Filing Type

Filing Proposal

End of Comment Period

CARLSON BANCSHARES, INC.

CIC

Notice by The William A Carlson 2007 Trust, William A. Carlson, as co-trustee, Pam Falkner, as co-trustee, Carlson Andrew Bennage, Catherine Jane Carlson Bennage, all of West Memphis, Arkansas, Michael Dustin Carlson, two minor children of Michael Dustin Carlson, Marilyn Hayes Carlson, Michael Andrew Carlson, all of Marion, Arkansas, Kirby Hayes Carlson of Proctor, Arkansas, and the William C. Carlson Living Trust, William C. Carlson, as trustee, of Hot Springs, Arkansas, as members of a family control group, to retain 25 percent or more of the shares and thereby control of Carlson Bancshares, Inc., West Memphis, Arkansas, and thereby indirectly control Fidelity Bank, West Memphis, Arkansas.

Newspaper:	06/21/2022
Federal Register:	06/27/2022

FIRST NATIONAL BANK OF NORTH ARKANSAS

Member

First National Bank of North Arkansas, Berryville, Arkansas, to become a member of the Federal Reserve System.

Newspaper:	Not applicable
Federal Register:	Not applicable

STERLING BANCSHARES, INC.

CIC

Notice by the James K. Maddox Irrevocable Trust, with James K. Maddox as trustee, both of Poplar Bluff, Missouri, to acquire 25 percent or more of the voting shares of Sterling Bancshares, Inc., and thereby indirectly control Sterling Bank, both of Poplar Bluff, Missouri.

Newspaper:	06/27/2022
Federal Register:	06/28/2022

STERLING BANCSHARES, INC.

CIC

Notice by the Daniel R. Coffman Trust, with Daniel R. Coffman as trustee, both of Poplar Bluff, Missouri, to acquire 25 percent or more of the voting shares of Sterling Bancshares, Inc., and thereby indirectly control Sterling Bank, both of Poplar Bluff, Missouri.

Newspaper:	06/27/2022
Federal Register:	06/28/2022

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

District: 8 Federal Reserve Bank of: St. Louis

Filings received during the week ending June 11, 2022

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 8
Federal Reserve Bank of: St. Louis