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: 10
Federal Reserve Bank of: Kansas City

Filings received during the week ending November 14, 2020

Filer Filing Type Filing Proposal End of Comment Period
CLEO BANCSHARES INC. CIC Notice submitted by the Susan P. Mittasch Family Trust, and Susan Holmes Parker, as trustee, both of Perry, Oklahoma, to acquire shares of Cleo Bancshares, Inc. (Bancshares), parent of Cleo State Bank, both in Cleo Springs, Oklahoma. The Susan P. Mittasch Family Trust and Susan Holmes Parker were previously approved as members of the Parker Family Group which controls Bancshares.
Newspaper: Not available
Federal Register: Not available
FAIRVIEW BANCSHARES, INC. CIC Notice submitted by L. Bruce Boehs, Fairview, Oklahoma, to retain shares of Fairview Bancshares, Inc. (Fairview), parent of Farmers and Merchants National Bank, both of Fairview, Oklahoma. In addition, L. Bruce Boehs and Sherry Boehs, both of Fairview, Oklahoma, Jared Boehs, Piedmont, Oklahoma; Tess Boehs Wicks, Edmond, Oklahoma; Randall Boehs, Enid, Oklahoma; the Randall Boehs Living Trust, Randall Boehs, trustee; Jordan Boehs, Edmond, Oklahoma; and the Jordan Boehs Revocable Living Trust, Jordan Boehs, trustee; to retain shares and for approval as members of the Boehs Family Group that controls Fairview. In addition, L. Bruce Boehs, Donald Lee Martens, and Norlene Joyce Martens, all of Fairview, Oklahoma, and the Donald Lee Martens Revocable Trust, Donald Lee Martens and Norlene Joyce Martens, co-trustees; and the Norlene Joyce Martens Revocable Trust, Donald Lee Martens and Norlene Joyce Martens, co-trustees; to retain shares and for approval as members of the Boehs-Martens Control Group that controls Fairview.
Newspaper: 12/11/2020
Federal Register: Not available
FIRST FLO CORPORATION CIC The Aspen Living Trust II, Rebecca McClure and Miles McClure, individually and as co-trustees of The Aspen Living Trust II, all of Colorado Springs, Colorado, to retain shares and thereby control of First Flo Corporation, Florence, Colorado (the company). The company controls Rocky Mountain Bank and Trust, Florence, Colorado. Additionally, The Aspen Living Trust II, Rebecca McClure and Miles McClure, individually and as co-trustees of The Aspen Living Trust II, all of Colorado Springs, Colorado, The Jacobsen Family Living Trust, Timothy and Cynthia Jacobsen as co-trustees, all of Greenville, South Carolina, the Evergreen Revocable Trust, Cynthia Jacobsen as co-trustee of the Evergreen Revocable Trust, both of Greenville, South Carolina, Jon McClure, Stafford, Kansas, individually and as co-trustee of the Evergreen Revocable Trust, Greenville, South Carolina, Barbara Fox, Visalia, California, Marcus McClure, Exeter, California, and Mallori Miller, Alexandria, Virginia, intend to apply to retain shares of the company and become approved members of the McClure Control Group, which aggregately controls the company.
Newspaper: Not available
Federal Register: 12/02/2020
FIRSTAND CO. CIC Notification submitted by William Chris Anderson, Marquette, Nebraska; Richard Scott Anderson, Dallas, Texas; and James Curtis Anderson, Portland, Oregon, all individually and as members of the Anderson Family Group, to retain shares and thereby control of Firstand Company, parent of First State Bank, both in Hordville, Nebraska.
Newspaper: 12/04/2020
Federal Register: 12/03/2020
PEOPLES BANKSHARES LTD., THE CIC Notification submitted by The 2017 Porter Loomis Legacy Trust, John Porter Loomis, trustee, both of Pratt, Kansas, to acquire voting shares of The Peoples Bankshares Ltd. (Bankshares), parent of The Peoples Bank, both in Pratt, Kansas. In addition, the Linda M. Loomis Revocable Trust, Linda M. Loomis, trustee; the Joseph F. Loomis Revocable Trust, Joseph F. Loomis and Linda M. Loomis, co-trustees, all of Iuka, Kansas; the Adele Krey Loomis Revocable Trust, Pratt, Kansas, Adele Krey Loomis (Stamford, Connecticut) and Anne Marie Sadowski Loomis (Pratt, Kansas), co-trustees; the Anne Marie Sadowski Loomis Trust, Anne Marie Sadowski Loomis and John Porter Loomis, co-trustees, all of Pratt, Kansas; the John Porter Loomis Revocable Trust, J. Porter Loomis and Anne Marie Sadowski Loomis, co-trustees, all of Pratt, Kansas; the KLW Stock Trust, Iuka Kansas, Linda M. Loomis (Iuka, Kansas) and Katherine L. Work (La Canada Flintridge, California), co-trustees; the Margaret P. Hellmuth Stock Trust, Iuka Kansas, Linda M. Loomis (Iuka, Kansas) and Margaret P. Hellmuth (Glencoe, Illinois), co-trustees; and the Victoria K. Thompson Stock Trust, Iuka, Kansas, Linda M. Loomis (Iuka, Kansas) and Victoria K. Thompson (Santa Cruz, California), co-trustees, to acquire/retain shares of Bankshares and for approval as members of the Loomis Family Group which controls Bankshares. John Porter Loomis was previously approved to control Bankshares. Linda M. Loomis, Joseph F. Loomis, Adele Krey Loomis, Anne Marie Sadowski Loomis and Katherine L. Work were previously approved as members of the Loomis Family Group.
Newspaper: Not available
Federal Register: 11/17/2020


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