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 March 8, 2025
| Filer | Filing Type | Filing Proposal | End of Comment Period | |
|---|---|---|---|---|
| Newspaper | Federal Register | |||
| CENTENNIAL BANK | * Branch (Domestic) | Centennial Bank, Conway, Arkansas, to establish a branch facility to be located at 9324 Huebner Road, San Antonio, Texas. | 03/15/2025 | Not applicable |
| COMMUNITY FINANCIAL SERVICES, INC. EMPLOYEE STOCK OWNERSHIP PLAN | Change in Bank Control | Michael Radcliffe, Jason Jones, Kathy Seaford, all of Benton, Kentucky; Kathy Parker, Calvert City, Kentucky; and Dominic Agresta, Indianapolis, Indiana, and Shawwn Storms, Batesville, Indiana, principals of Fiduciary Trust Services, LLC, Greensburg, Indiana, as trustees of the Community Financial Services, Inc. ESOP, Benton, Kentucky (CFS ESOP), to retain voting shares of CFS ESOP and thereby indirectly retain voting shares of Community Financial Services, Inc., and Community Financial Services Bank, both of Benton, Kentucky. | 03/19/2025 | 03/25/2025 |
| FIRST SAVINGS BANK | * Branch (Domestic) | First Savings Bank, Jeffersonville, Indiana, to establish a branch facility to be located at 4909 Old Vincennes Road, Floyds Knobs, Indiana | 03/21/2025 | Not applicable |
| MONTICELLO BANCSHARES, INC. | Change in Bank Control | Notice by the Leland Phillips and Peggy Phillips Living Trust dated March 22, 2007 FBO Mitchell Linn Phillips, Hannibal, Missouri, Mitchell Linn Phillips, San Tan Valley, Arizona, as Bank Stock Trustee; Leland Phillips and Peggy Phillips Living Trust dated March 22, 2007 FBO Michelle Phillips, Hannibal, Missouri, Michelle Phillips, Lewistown, Missouri, as Bank Stock Trustee; Leland Phillips and Peggy Phillips Living Trust dated March 22, 2007 FBO Melissa Phillips Pflantz, Hannibal, Missouri, Melissa Phillips Pflantz, Wilmington, North Carolina, as Bank Stock Trustee; Crystal Hawk, Hannibal, Missouri, as trust protector of each of the trusts; and HNB National Bank, Hannibal, Missouri, as successor trustee of each of the trusts, a group acting in concert, to acquire voting shares of Monticello Bancshares, Inc., and thereby indirectly acquire voting shares of Bank of Monticello, both of Monticello, Missouri | 04/04/2025 | 03/27/2025 |
| STARK BANCSHARES, INC. | Change in Bank Control | Notice by Tony Steele, Tyler Steele, Carolyn Grimsley, Jill Grimsley, Paul Grimsley and Guy Cable, each of Bentonville, Arkansas; Philip Fletcher, Hiwasse, Arkansas; Kirby Lane, Anderson, Missouri; Tommy Coughlin, Centerton, Arkansas; John Kallenbach and Jim Hacker, each of Bolivar, Missouri; Roland Julian, Rogers, Arkansas; Beverly Jones, Jay, Oklahoma; and Pam Lawson, Grove, Oklahoma, to acquire voting shares of Stark Bancshares, Inc., and thereby indirectly acquire voting shares of LimeBank, both of Bolivar, Missouri | 03/27/2025 | 03/28/2025 |
* 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 |
|---|---|---|---|---|---|
| ANSTAFF BK, GREEN FOREST, ARKANSAS | 261940 | 02/28/2025 | 11/12/2024 | S | Int Small Bank |
| 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 |
| SIGNATURE BK, FAYETTEVILLE, ARKANSAS | 3350724 | 02/16/2025 | 10/15/2024 | S | Int Small Bank |
CRA Examinations scheduled for Quarter of
| Institution | Location | Quarter |
|---|---|---|
| NONE | ||