Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 8: Federal Reserve Bank of St. Louis PDF
Filings received during the week ending September 30, 2023
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| EDMONTON BANCSHARES, INC. | Change in Bank Control | Notice by the Kimberly P. Thompson Irrevocable Trust, John N. Thompson, as Trustee, both of Brentwood, Tennessee; the Julie C. Thompson Irrevocable Trust, David W. Thompson, as Trustee, both of Edmonton, Kentucky, to retain voting shares of Edmonton Bancshares, Inc., Edmonton, Kentucky, and thereby indirectly retain voting shares of Edmonton State Bank, Glasgow, Kentucky | Not available | 10/05/2023 |
| FIRST STATE BANKING CORP | Change in Bank Control | Notice by Charles Bowen Blanchard as trustee of the Blanchard Living Trust, the Charles B. Blanchard 2022 Trust, the Charles B. Blanchard Revocable Trust, the Kate Elizabeth Blanchard Irrevocable Trust, and the Bowen Dodd Blanchard Irrevocable Trust, all of Russellville, Arkansas; Charles H. Blanchard, as trustee of the Charles H. Blanchard 2022 Trust, all of Russellville, Arkansas; Cynthia Bowen Blanchard as trustee of the Cynthia Bowen Blanchard Dynasty Trust and the Cynthia Bowen Blanchard GST Exempt Trust, all of Russellville, Arkansas; Mary Patricia Bowen Barker as trustee of the Mary Patricia Bowen Barker Legacy Trust and the Mary Patricia Bowen Barker GST Exempt Trust, all of Little Rock, Arkansas; William Scott Bowen as trustee of the William Scott Bowen Legacy Trust and the William Scott Bowen GST Exempt Trust, all of Little Rock, Arkansas; Leslie Allison Blanchard, Russellville, Arkansas; Mary Patricia Hardman, individually and as trustee of the Emma Ruth Hardman Irrevocable Trust and the Abby Elizabeth Hardman Irrevocable Trust, all of Fayetteville, Arkansas; and John Keith Hardman, Fayetteville, Arkansas; to join the Blanchard/Bowen Family Control Group, a group acting in concert, to acquire and retain control of First State Banking Corp, and thereby indirectly acquire and retain control of First State Bank, both of Russellville, Arkansas. | 10/14/2023 | 10/20/2023 |
* Subject to the provisions of the Community Reinvestment Act
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 |
|---|---|---|---|---|---|
| CITIZENS B&TC, VAN BUREN, ARKANSAS | 192147 | 01/29/2023 | 10/24/2022 | S | Int Small Bank |
| FIRST SAVINGS BK, JEFFERSONVILLE, INDIANA | 785473 | 04/24/2023 | 04/18/2022 | S | Int Small Bank |
| OAKSTAR BK, SPRINGFIELD, MISSOURI | 3374412 | 12/19/2022 | 06/13/2022 | S | Int Small Bank |
| OLD MO BK, SPRINGFIELD, MISSOURI | 2785646 | 06/03/2023 | 03/06/2023 | S | Int Small Bank |
| RELYANCE BK, WHITE HALL, ARKANSAS | 49241 | 09/23/2023 | 06/05/2023 | S | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||