Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 8: Federal Reserve Bank of St. Louis PDF
Filings received during the week ending December 23, 2023
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| ARVEST BANK | Public Welfare Investment | Arvest Bank, Fayetteville, Arkansas, requests prior approval to make a public welfare investment. | Not applicable | Not applicable |
| ARVEST BANK | Public Welfare Investment | Arvest Bank, Fayetteville, Arkansas, requests prior approval to make a public welfare investment. | Not applicable | Not applicable |
| ARVEST BANK | Public Welfare Investment | Arvest Bank, Fayetteville, Arkansas, requests prior approval to make a public welfare investment. | Not applicable | Not applicable |
| CORNERSTONE BANCSHARES, INC. | Change in Bank Control | Notice by Christy Jones, Kevin Jones, and the Franklin D. & Donna L. Lewis Trust Dtd 06/21/2004, Trustees Franklin D. Lewis, and Donna L. Lewis, all of Marshfield, Missouri; Nathan Lewis, Liberty, Missouri; Thomas Lewis, Wentzville, Missouri; William R. Lewis, and Sue Ann Lewis, both of Lebanon, Missouri, to retain control of Cornerstone Bancshares, Inc., and thereby indirectly retain control of Heritage Bank of the Ozarks, both of Lebanon, Missouri. | 01/17/2024 | 01/12/2024 |
| OLD NATIONAL BANCORP | * 3A5 | Old National Bancorp, Evansville, Indiana, to acquire through merger 100 percent of the voting shares of CapStar Financial Holdings, Inc., and thereby indirectly acquire CapStar Bank, both of Nashville, Tennessee. | 01/20/2024 | Not available |
| SAINT CLAIR BANCSHARES, INC. | Change in Bank Control | Notice by the John W. Waller Revocable Trust, Paula J. Ray, Trustee, both of Leasburg, Missouri; John T. Waller, Timothy S. Waller, and Matthew J. Waller, all of Sullivan, Missouri; and Cody J. Waller, Bourbon, Missouri, to retain control of St. Clair Bancshares, Inc., and thereby indirectly retain control of Farmers and Merchants Bank of St. Clair, both of St. Clair, Missouri. | 01/16/2024 | Not available |
* Subject to the provisions of the Community Reinvestment Act
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 |
|---|---|---|---|---|---|
| BANK OF ADVANCE, ADVANCE, MISSOURI | 879644 | 11/03/2023 | 07/24/2023 | S | Int Small Bank |
| CITIZENS B&TC, VAN BUREN, ARKANSAS | 192147 | 01/29/2023 | 10/24/2022 | S | Int Small Bank |
| FIRST SAVINGS BK, JEFFERSONVILLE, INDIANA | 785473 | 04/24/2023 | 04/18/2022 | S | Int Small Bank |
| OAKSTAR BK, SPRINGFIELD, MISSOURI | 3374412 | 12/19/2022 | 06/13/2022 | S | Int Small Bank |
| OLD MO BK, SPRINGFIELD, MISSOURI | 2785646 | 06/03/2023 | 03/06/2023 | S | Int Small Bank |
| RELYANCE BK, WHITE HALL, ARKANSAS | 49241 | 09/23/2023 | 06/05/2023 | S | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||