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: 8
Federal Reserve Bank of: St. Louis

Filings received during the week ending October 17, 2020

Filer Filing Type Filing Proposal End of Comment Period
LINEAGE FINANCIAL NETWORK, INC. * 3A1 Lineage Financial Network, Inc., Franklin, Tennessee, to become a bank holding company by acquiring 100 percent of the voting shares of Bumpushares, Inc., Atwood, Tennessee, and thereby indirectly acquire Citizens Bank & Trust Company, Atwood, Tennessee.
Newspaper: Not available
Federal Register: 11/19/2020
MIDWEST BANCORPORATION, INC. * 3A5 Midwest Bancorporation, Inc., Poplar Bluff, Missouri, to acquire, through merger, 100 percent of the voting shares of Poplar Bluff Banc Company, Poplar Bluff, Missouri, and thereby indirectly acquire First Midwest Bank of Poplar Bluff, Poplar Bluff, Missouri.
Newspaper: 11/08/2020
Federal Register: 11/19/2020
PREMIER BANK OF ARKANSAS * Branch Premier Bank of Arkansas, Marion, Arkansas, to establish a branch at 205 Block Street, Marion, Arkansas, in conjunction with the relocation of the main office from 205 Block Street, Marion, Arkansas.
Newspaper: 10/19/2020
Federal Register: Not applicable
STATE HOLDING COMPANY CIC Notice by Catherine Hastings Owen and Harry Lee Hastings III, individually and as a part of a family control group that also includes Arkansas Bolt Company; Harry L. Hastings, Jr; Stanley T. Hastings Sr.; Harry L. Hastings Jr Family Trust and Rosalyn J. Hastings Family Trust with Harry L. Hastings III, Catherine Hastings Owen, & Stanley T. Hastings Sr. as Co-Trustees; Catherine Hastings Owen as trustee of the Catherine H. Owen Descendants Gift Trusts for Harper J. Holliday; Sara O. Holliday; Steven C. Owen Jr. and an unnamed minor grandchild's gift trust; Harry L. Hastings III as trustee of the Harry Lee Hastings III Descendants Gift Trusts for Andrew H. Hastings; Anne M. Hastings; Charles H. Hastings; Ellen B. Hastings; Harry L. Hastings IV; Harry L. Hasting V; Hollis R. Hastings; Huette M. Hastings; Mary H. Hastings; and Winston G. Hastings; and Stanley T. Hastings Sr. as trustee of the Stanley T. Hastings Sr. Descendants Gift Trusts for Alissa C. Hastings; Margo M. Hastings; Patrick T. Hastings; Stanley T. Hastings Jr.; Tyler M. Hastings; Oliver M. Hastings; and Andrew H. Hastings; Harry L. Hastings IV; Winston G. Hastings, to retain and acquire control of 25 percent or more of the voting shares of State Holding Company, all of Little Rock, Arkansas.
Newspaper: Not available
Federal Register: 11/04/2020


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