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 February 22, 2025
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| CADENCE BANK | * Branch (Domestic) | Cadence Bank, Tupelo, Mississippi, to establish a branch facility to be located at 3210 Market Street, Pascagoula, Mississippi, and to consolidate the loan production office located at 726 Delmas Avenue into the Market Street branch. | 03/06/2025 | Not applicable |
* 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 |
|---|---|---|---|---|---|
| ARMOR BK, FORREST CITY, ARKANSAS | 168571 | 01/19/2025 | 10/15/2024 | S | Int Small Bank |
| BANK OF FAYETTE CTY, PIPERTON, TENNESSEE | 466754 | 11/02/2024 | 07/22/2024 | S | Int Small Bank |
| CARROLL B&T, HUNTINGDON, TENNESSEE | 541857 | 09/27/2024 | 06/03/2024 | S | Int Small Bank |
| CITIZENS BK, BATESVILLE, ARKANSAS | 856748 | 03/30/2024 | 05/15/2023 | S | Int Small Bank |
| GUARANTY BK, SPRINGFIELD, MISSOURI | 3804535 | 03/31/2024 | 05/01/2023 | S | Int Small Bank |
| OAKSTAR BK, SPRINGFIELD, MISSOURI | 3374412 | 12/19/2022 | 06/13/2022 | S | Int Small Bank |
| PATRIOT BK, MILLINGTON, TENNESSEE | 3120646 | 07/23/2022 | 02/07/2022 | S | Int Small Bank |
| PEOPLES B&TC CO, TROY, MISSOURI | 909055 | 07/28/2024 | 04/22/2024 | S | Int Small Bank |
CRA Examinations scheduled for Second Quarter of 2025 (April 1, 2025 - June 30, 2025) and Third Quarter of 2025 (July 1, 2025 - September 30, 2025)
| Institution | Location | Quarter |
|---|---|---|
| CENTRAL TR BK | JEFFERSON CITY, MISSOURI | Second Quarter of 2025 |
| COMMUNITY FNCL SVC BK | BENTON, KENTUCKY | Second Quarter of 2025 |
| FARMERS & MERCHANTS BK | BALDWYN, MISSISSIPPI | Second Quarter of 2025 |
| FIDELITY BK | WEST MEMPHIS, ARKANSAS | Second Quarter of 2025 |
| FIRST WESTERN BK | BOONEVILLE, ARKANSAS | Second Quarter of 2025 |
| PADUCAH B&TC | PADUCAH, KENTUCKY | Second Quarter of 2025 |
| 1NB BK | CARLYLE, ILLINOIS | Third Quarter of 2025 |
| ENCORE BK | LITTLE ROCK, ARKANSAS | Third Quarter of 2025 |
| EXCHANGE BK OF NORTHEAST MO | KAHOKA, MISSOURI | Third Quarter of 2025 |
| FARMERS BK | PARSONS, TENNESSEE | Third Quarter of 2025 |
| FIRST SECURITY BK | SEARCY, ARKANSAS | Third Quarter of 2025 |
| PATRIOT BK | MILLINGTON, TENNESSEE | Third Quarter of 2025 |
| SIMMONS BK | PINE BLUFF, ARKANSAS | Third Quarter of 2025 |