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 20, 2021

Filer Filing Type Filing Proposal End of Comment Period
CENTRAL BANCORP, INC. CIC Susan Johnson, Colorado Springs, Colorado, to join the Dwan/Vasilius Family Group, a group acting in concert, and retain voting shares of Central Bancorp, Inc., Colorado Springs, Colorado (Central), and thereby indirectly retain voting shares of Farmers & Stockmens Bank, Clayton, New Mexico (Farmers). Also, the Charles J. Vasilius Trust and the Janet M. Vasilius Trust, both of Denver, Colorado, to retain voting shares, and Justin Leveille, Colorado Springs, Colorado, as trustee of each and, individually, to retain and acquire voting shares; Charles Vasilius and Stephanie Vasilius, both of Denver, Colorado; Nicholas Vasilius, Kirkland, Washington; and Alexandra Pitnell, Pittsford, New York, to retain voting shares of Central; The Susan Dwan Johnson Trust, the Elizabeth Dwan McNamara Trust, the Patricia Dwan Smith Trust, the Clare Dwan Harting Trust, the Kathleen Dwan Trust, and the Ann T. Dwan Trust, all of Colorado Springs, Colorado, to retain voting shares, and Tim Coutts, Colorado Springs, Colorado, as trustee of each and, individually, to retain and acquire voting shares of Central; and all to join the Dwan/Vasilius Family Group.
Newspaper: Not available
Federal Register: Not available
CITIZENS NATIONAL CORPORATION CIC Nancy A. Kvols Irrevocable Bank Trust, Ronald K. Kvols, trustee, both of Wisner, Nebraska; and Ronald K. Kvols Irrevocable Bank Trust, Nancy Kvols, trustee, both of Wisner, Nebraska; to become members of the Kvols/Ott/Cheney Family Group, a group acting in concert, to acquire voting shares of Citizens National Corporation, and thereby indirectly acquire voting shares of Citizens State Bank, both of Wisner, Nebraska.
Newspaper: Not available
Federal Register: Not available
FIRST NATIONAL FINANCIAL CORPORATION CIC Kerstin Eckstrom, Lincoln, Nebraska, and Lynne Petro, Shoal Creek, Alabama, to join the Olson Family Control Group, a group acting in concert, and retain voting shares of First National Financial Corporation, and indirectly retain voting shares of Bank of Estes Park, both of Estes Park, Colorado.
Newspaper: Not available
Federal Register: 11/15/2021
FIRST NATIONAL UTICA COMPANY CIC James P. Liggett of Vancouver Washington; Scott P. Liggett of Islamorada, Florida; and Lee B. Liggett, of Phippsburg, Maine; to acquire voting shares of First National Utica Company, and thereby indirectly acquire voting shares of First Bank of Utica, of Utica, Nebraska, and to form the Liggett Family Group.
Newspaper: Not available
Federal Register: Not available
O & F CATTLE COMPANY CIC Kerstin Eckstrom, Lincoln, Nebraska, and Lynne Petro, Shoal Creek, Alabama, to join the Olson Family Control Group, a group acting in concert, and to retain voting shares of O & F Cattle Company, and indirectly retain voting shares of Nebraska State Bank, both of Oshkosh, Nebraska.
Newspaper: Not available
Federal Register: 11/15/2021
RCB BANK * 18C
* Branch
RCB Bank, Claremore, Oklahoma, to purchase certain assets and assume certain liabilities of the branches of Arvest Bank, Fayetteville, Arkansas, located at 301 West 4th Avenue, Caney, Kansas, and 125 West Canadian, Vinita, Oklahoma; and incident thereto, to establish two branches.
Newspaper: Not available
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
NONE


CRA Examinations scheduled for First Quarter of 2022 (January 1, 2022 - March 31, 2022) and Second Quarter of 2022 (April 1, 2022 - June 30, 2022)

Institution Location Quarter
CITIZENS BK OF EDMOND EDMOND, OKLAHOMAFirst Quarter of 2022
COUNTRY CLUB BK KANSAS CITY, MISSOURIFirst Quarter of 2022
FIRST BK OF BANCROFT BANCROFT, NEBRASKAFirst Quarter of 2022
FLATIRONS BK BOULDER, COLORADOFirst Quarter of 2022
FNB WA WASHINGTON, KANSASFirst Quarter of 2022
MOUNTAIN VALLEY BANK WALDEN, COLORADOFirst Quarter of 2022
OKLAHOMA CAP BK TULSA, OKLAHOMAFirst Quarter of 2022
PLATTE VALLEY BK TORRINGTON, WYOMINGFirst Quarter of 2022
PLATTE VALLEY BK SCOTTSBLUFF, NEBRASKAFirst Quarter of 2022
SECURITY BK TULSA, OKLAHOMAFirst Quarter of 2022
BANK OF HOLYROOD HOLYROOD, KANSASSecond Quarter of 2022
BANK OF LOCUST GROVE LOCUST GROVE, OKLAHOMASecond Quarter of 2022
CITIZENS B&TC OF ARDMORE ARDMORE, OKLAHOMASecond Quarter of 2022
COMMUNITY B&TC NEOSHO, MISSOURISecond Quarter of 2022
CORNERSTONE BK YORK, NEBRASKASecond Quarter of 2022
EQUITABLE BK GRAND ISLAND, NEBRASKASecond Quarter of 2022
FARMERS ST BK PINE BLUFFS, WYOMINGSecond Quarter of 2022
GRANT CTY BK MEDFORD, OKLAHOMASecond Quarter of 2022
HIGH PLAINS BK FLAGLER, COLORADOSecond Quarter of 2022
LAMAR B&TC LAMAR, MISSOURISecond Quarter of 2022
PEOPLES BK PRATT, KANSASSecond Quarter of 2022
SOUTHWEST BK OF WEATHERFORD WEATHERFORD, OKLAHOMASecond Quarter of 2022

* 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