Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 10: Federal Reserve Bank of Kansas City PDF
Filings received during the week ending December 30, 2023
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| CENTRAL BANCSHARES, INC. | Change in Bank Control | Adams Land Improvement, Inc., Arapahoe, Nebraska, to acquire voting shares of Central Bancshares, Inc., Cambridge, Nebraska, and thereby indirectly acquire voting shares of First Central Bank, Cambridge, Nebraska; First Central Bank McCook, McCook, Nebraska; and Republic Corporation and United Republic Bank, both of Omaha, Nebraska. | Not available | Not available |
| COMMUNITY FIRST BANCSHARES, INC. | Change in Bank Control | The Bruce Jessup Trust, Bruce Jessup and Terrie Jessup, Co-Trustees, all of Butler, Missouri, to retain voting shares of Community First Bancshares, Inc. and thereby indirectly retain voting shares of Community First Bank, both of Butler, Missouri. Bruce Jessup was previously approved to control Community First Bancshares, Inc. | Not available | 12/29/2023 |
| FIRST AMERICAN BANCSHARES, INC. | Change in Bank Control | Rebecca Yarbrough, St. Joseph, Missouri, and Dallas Forrest, Columbia, Missouri, to retain voting shares of First American Bancshares, Inc., and thereby indirectly retain voting shares of First Security Bank, both of Union Star, Missouri, and to establish the Maudlin Family control group. | Not available | 01/10/2024 |
| LAKIN BANCSHARES, INC. | Change in Bank Control | Gary and Dixie Beymer Trust and Gary Beymer and Dixie Beymer, as co-trustees, all of Lakin, Kansas, to retain voting shares of Lakin Bancshares, Inc., and thereby indirectly retain voting shares of the KCB Bank, both of Lakin, Kansas. In addition, Gary and Dixie Beymer Trust and Gary Beymer and Dixie Beymer as co-trustees, Robert Beymer Revocable Trust dtd 02/24/2022, and Robert Beymer as trustee, Garden City, Kansas, Diane Beymer Credit Shelter Trust and Robert Beymer as trustee, C. Easton Beymer, Kingwood, Texas, Blake Beymer Holcomb, Kanas, Brick Beymer and Michelle Thompson, both of Lakin, Kansas, Caitlin Beymer (Orcutt ), Milliken, Colorado, and Taryn Remey, McPherson, Kansas; to establish the Beymer Family Control Group, a group acting in concert. | Not available | 01/05/2024 |
| N.B.C. BANCSHARES IN PAWHUSKA, INC. | Change in Bank Control | Charles Garrett, Tulsa, Oklahoma, investment adviser to the NBC Bancshares Subtrust of the Drummond Family Trust dated 10/1/21, to be approved as a member of the Drummond Family group, a group acting in concert, and retain voting shares of N.B.C. Bancshares in Pawhuska, Inc, and thereby indirectly retain voting shares of Blue Sky Bank, both of Pawhuska, Oklahoma. | Not available | 01/19/2024 |
| ORRICK FINANCIAL CORPORATION | Change in Bank Control | Ryan Sullivan and Bryan Adams, both of Mission Hills, Kansas, to establish the Sullivan/Adams control group, a group acting in concert, to acquire voting shares of Orrick Financial Corporation, and thereby indirectly acquire voting shares of The Bank of Orrick, both of Orrick, Missouri. | Not available | 01/19/2024 |
| PBT BANCSHARES, INC. | Change in Bank Control | Marcus Houghton and Corbin Houghton, both of Wichita, Kansas, to retain and acquire additional voting shares of PBT Bancshares, Inc. and thereby indirectly retain and acquire voting shares of Peoples Bank and Trust Company, both of McPherson, Kansas. Additionally, to approve Corbin Houghton as a member of the Houghton Family Control Group, a group acting in concert. | Not available | 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 |
|---|---|---|---|---|---|
| ENTERPRISE BK, OMAHA, NEBRASKA | 1836701 | 10/23/2023 | 08/07/2023 | S | Int Small Bank |
| FIRST OPTION BK, OSAWATOMIE, KANSAS | 285852 | 06/16/2023 | 03/06/2023 | S | Int Small Bank |
| FIVE POINTS BK, GRAND ISLAND, NEBRASKA | 554857 | 06/10/2023 | 03/13/2023 | O | Int Small Bank |
| UNITED B&TC, MARYSVILLE, KANSAS | 990352 | 01/23/2023 | 10/24/2022 | S | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||