Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
District 10: Federal Reserve Bank of Kansas City PDF
Filings received during the week ending November 23, 2024
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| COMMUNITY FIRST BANCSHARES, INC. | Change in Bank Control | The Glenn R. Hamilton Trust dated November 20, 1998, Glenn R. Hamilton as trustee, and Marsha Hamilton, all of Butler, Missouri; each a member of the Hamilton Family Control Group, to acquire 25 percent or more of the shares and thereby control of Community First Bancshares, Inc., and thereby indirectly acquire control of Community First Bank, both of Butler, Missouri. | Not available | 12/17/2024 |
| COUNTRY AGENCIES & INVESTMENTS, INC. | Change in Bank Control | Michael Scott Crowe, Sr., Kansas City, Missouri, as co-trustee of the Robert E. OIiphant Trust, to retain voting shares of Country Agencies & Investments, Inc., Odessa, Missouri, and thereby indirectly retain voting shares of Bank of Odessa, Odessa, Missouri. The Robert E. Oliphant Trust has previously been approved to control voting shares of Country Agencies & Investments, Inc. | Not available | 12/12/2024 |
| FBHC HOLDING COMPANY | Change in Bank Control | William F. Dugan, Waterloo, Nebraska, individually, and as trustee of the Flatirons Bank Employee Stock Ownership Plan and Trust, Boulder, Colorado, to acquire voting shares of FBHC Holding Company, and thereby indirectly acquire voting shares of Flatirons Bank, both of Boulder, Colorado. | Not available | 12/17/2024 |
* 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 |
|---|---|---|---|---|---|
| AMERICAN HERITAGE BK, SAPULPA, OKLAHOMA | 311050 | 04/07/2024 | 08/14/2023 | S | Int Small Bank |
| BANK OF CMRC, CHANUTE, KANSAS | 862057 | 07/04/2024 | 04/15/2024 | S | Int Small Bank |
| CITIZENS ST BK, WISNER, NEBRASKA | 482053 | 04/29/2024 | 02/12/2024 | S | Int Small Bank |
| GRAND BK, TULSA, OKLAHOMA | 76854 | 09/02/2024 | 06/10/2024 | S | Int Small Bank |
| JONAH BK, CASPER, WYOMING | 3412417 | 06/03/2024 | 03/18/2024 | S | Int Small Bank |
| MIDWEST BK, PIERCE, NEBRASKA | 669555 | 02/26/2024 | 11/27/2023 | S | Int Small Bank |
| SECURITY ST BK, BASIN, WYOMING | 955959 | 07/21/2024 | 04/29/2024 | S | Int Small Bank |
CRA Examinations scheduled for First Quarter of 2025 (January 1, 2025 - March 31, 2025) and Second Quarter of 2025 (April 1, 2025 - June 30, 2025)
| Institution | Location | Quarter |
|---|---|---|
| BANK7 | OKLAHOMA CITY, OKLAHOMA | First Quarter of 2025 |
| FIRST NORTHERN BK OF WY | BUFFALO, WYOMING | First Quarter of 2025 |
| FIVE POINTS BK | GRAND ISLAND, NEBRASKA | First Quarter of 2025 |
| PEOPLES BK | COLDWATER, KANSAS | First Quarter of 2025 |
| UNION ST BK | ARKANSAS CITY, KANSAS | First Quarter of 2025 |
| COMMERCE BK | KANSAS CITY, MISSOURI | Second Quarter of 2025 |
| FIRST BK&TC | MINDEN, NEBRASKA | Second Quarter of 2025 |