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 August 23, 2014

Filer

Filing Type

Filing Proposal

End of Comment Period

MAGNOLIA BANKING CORPORATION

* 3A5

Magnolia Banking Corporation, Magnolia, Arkansas, to acquire, through merger, First National Bancshares of Hempstead County, Inc., Hope, Arkansas, and thereby indirectly acquire 1st Bank, National Association, Texarkana, Texas.

Newspaper:	Not available
Federal Register:	09/22/2014

MCGEHEE BANK EMPLOYEE STOCK OWNERSHIP PLAN THE

* 3A3

The McGehee Bank Employee Stock Ownership Plan, McGehee, Arkansas, to acquire additional direct ownership of up to 35 percent of Southeast Financial Bankstock Corp., McGehee, Arkansas, and thereby increase its indirect control of McGehee Bank, McGehee, Arkansas.

Newspaper:	09/13/2014
Federal Register:	09/19/2014

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 LA, LOUISIANA, MISSOURI	663450	04/29/2014	08/12/2014	O	Small Bank
MAGNA BK, MEMPHIS, TENNESSEE	2721176	01/14/2013	08/08/2014	S	Int Sm Bank

CRA Examinations scheduled for Forth Quarter of 2014 (October 1, 2014 - December 31, 2014)

Institution	Location
FARMERS BK & CAPITAL TC	FRANKFORT, KENTUCKY
MIDWEST BANKCENTRE	SAINT LOUIS, MISSOURI

* Subject to the provisions of the Community Reinvestment Act

District: 8 Federal Reserve Bank of: St. Louis

Filings received during the week ending August 23, 2014

Availability of CRA Public Evaluations

CRA Examinations scheduled for Forth Quarter of 2014 (October 1, 2014 - December 31, 2014)

District: 8
Federal Reserve Bank of: St. Louis