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 23, 2021

Filer Filing Type Filing Proposal End of Comment Period
FARMERS BANK & TRUST COMPANY * 18C
* Branch
Farmers Bank and Trust Company, Magnolia, Arkansas, to purchase certain assets and assume certain liabilities of nine branches of Arvest Bank, Fayetteville, Arkansas, and to retain the acquired facilities as branch offices.
Newspaper: Not available
Federal Register: Not applicable
FARMERS HOLDING COMPANY CIC Notice by Kristanne Joy Becker Hoffman Family Trust 2021, Kristanne Joy Becker Hoffman, individually, and as trustee, and the Elizabeth French Hoffman Family Trust 2021, Elizabeth French Becker, individually, and as trustee, all of Jacksonville, Illinois; to acquire voting shares of Farmers Holding Company, and thereby indirectly acquire voting shares of The Farmers State Bank and Trust Company, both of Jacksonville, Illinois.
Newspaper: 11/13/2021
Federal Register: 11/05/2021
SOUTHERN BANK * 18C
* Branch
Southern Bank, Poplar Bluff, Missouri, to purchase certain assets and assume certain liabilities of the Cairo, Illinois branch of First National Bank, Oldham, South Dakota, and to retain the acquired facility as a branch office.
Newspaper: 11/19/2021
Federal Register: Not applicable


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
BANKFIRST FINANCIAL SVC, MACON, MISSISSIPPI 914648 05/10/2021 10/22/2021 S Int Small Bank


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