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Federal Reserve Release
H.2
Actions of the Board, Its Staff,
and the Federal Reserve Banks;
Applications and Reports Received
No. 33
Week Ending August 13, 2022
Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2
Board Actions
August 7, 2022 to August 13, 2022
Regulations and Policies
System of Records -- publication for comment of a notice to modify an existing
system of records, BGFRS-37 (FRB-Electronic Applications).
- Approved, August 8, 2022
(A/C) = Addition or Correction
Board - Page 1 of
1
H.2
Actions under delegated authority
S&R Supervision and Regulation
C&CA Consumer and Community Affairs
FOMC Federal Open Market Committee
August 7, 2022 to August 13, 2022
RBOPS Reserve Bank Operations and Payment Systems
IF International Finance
MA Monetary Affairs
Bank Branches, Domestic
Richmond
The First Bank and Trust Company, Lebanon, Virginia -- to establish a branch at
818 McKinney Parkway, Lillington, North Carolina, and to increase its investment in
bank premises.
- Approved, August 11, 2022
St. Louis
First Bank, Creve Coeur, Missouri -- to establish a branch at 3000 Prairie Avenue, St.
Louis, Missouri.
- Approved, August 12, 2022
St. Louis
First State Bank and Trust Company, Inc., Caruthersville, Missouri -- to establish a
branch at 100 West Main Street, Matthews, Missouri.
- Approved, August 9, 2022
Secretary
The Northern Trust Company, Chicago, Illinois -- to establish a branch at 1001 Water
Street, Tampa, Florida.
- Approved, August 11, 2022
(A/C) = Addition or Correction
Delegated - 1 of
5
H.2
Actions under delegated authority
August 7, 2022 to August 13, 2022
Bank Holding Companies
St. Louis
BankFirst Capital Corporation, Macon, Mississippi -- waiver of application to
acquire Tate Financial Corporation and thereby indirectly acquire Sycamore Bank,
both of Senatobia, Mississippi, in connection with the merger of Sycamore Bank with
and into BankFirst Financial Services, Macon, Mississippi.
- Granted, August 12, 2022
St. Louis
Encore Bancshares, Inc., Little Rock, Arkansas -- to engage de novo in lending
activities.
- Approved, August 10, 2022
Boston
Hometown Financial Group, MHC, and Hometown Financial Group, Inc., both of
Easthampton, Massachusetts -- to acquire Randolph Bancorp, Inc., Stoughton,
Massachusetts, and thereby indirectly acquire Envision Bank, Randolph,
Massachusetts.
- Approved, August 11, 2022
Chicago
ServBanc Holdco, Inc., Phoenix, Arizona -- to become a bank holding company by
merging with Allied First Bancorp, Inc., and thereby indirectly acquiring Allied First
Bank, S.B., both of Oswego, Illinois.
- Approved, August 12, 2022
Chicago
Two Rivers Financial Group, Inc., Burlington, Iowa -- to acquire Lee County Bank,
Fort Madison, Iowa.
- Approved, August 8, 2022
(A/C) = Addition or Correction
Delegated - 2 of
5
H.2
Actions under delegated authority
August 7, 2022 to August 13, 2022
Bank Mergers
Boston
Abington Bank, Abington, Massachusetts -- to merge with Envision Bank, Randolph,
Massachusetts.
- Approved, August 11, 2022
St. Louis
BankFirst Financial Services, Macon, Mississippi -- to merge with Sycamore Bank,
Senatobia, Mississippi, and to retain the acquired facilities as branches.
- Approved, August 12, 2022
Banks, State Member
San Francisco
East West Bank, Pasadena, California -- to make a public welfare investment.
- Approved, August 8, 2022
Change in Bank Control
Chicago
Arbor Bancorp, Inc., Ann Arbor, Michigan -- William C. Martin 2022 Grantor
Retained Annuity Trust, William C. Martin as trustee, both of Ann Arbor, Michigan,
to become members of the Martin Family Control Group, a group acting in concert,
to acquire voting shares of Arbor Bancorp, Inc., and thereby indirectly acquire voting
shares of Bank of Ann Arbor, Ann Arbor, Michigan.
- Permitted, August 8, 2022
(A/C) = Addition or Correction
Delegated - 3 of
5
H.2
Actions under delegated authority
August 7, 2022 to August 13, 2022
Change in Bank Control
Dallas
First Artesia Bancshares, Inc., Artesia, New Mexico -- Terry L. Chandler Trust, Doug
Chandler, as trustee, both of Carlsbad, New Mexico, to retain voting shares of First
Artesia Bancshares, Inc., and thereby indirectly retain voting shares of First
American Bank, Artesia, New Mexico.
- Permitted, August 12, 2022
Kansas City
First Independent Bancorp, Inc., Chickasha, Oklahoma -- Patrick A. Brooks, as cotrustee, Paula K. Brooks Revocable Trust, Paula K. Brooks as trustee, and Mark
Smith, all of Chickasha, Oklahoma; certain minor grandchildren of Mr. and Mrs.
Brooks, all of Dallas, Texas; Murray Living Trust, Bruce Murray, as co-trustee, both
of Wauna, Washington; Kyle Abrahams, individually, and as co-trustee of The First
National Bank and Trust Company Employee Stock Ownership Plan (FNBT ESOP),
Elijah Young, and certain minor children of Mr. Abrahams, all of Norman,
Oklahoma; and the Tanner Shelton Connel Irrevocable Trust, the Jacob Curtis Connel
Irrevocable Trust, the Michael Porter Connel Irrevocable Trust, and the Kennamer
Hope Connel Irrevocable Trust, Daren Connel, individually, and as co-trustee of all
aforementioned trusts, all of North Richland Hills, Texas; to join the Brooks Family
Group, a group acting in concert, to retain voting shares of First Independent
Bancorp, Inc., and thereby indirectly retain voting shares of The First National Bank
and Trust Company, Chickasha, Oklahoma.
- Permitted, August 12, 2022
Dallas
Jefferson Bancshares, Inc., San Antonio, Texas -- Katherine A. Satel 2021 Family
Trust One, Katherine A. Satel 2021 Family Trust Two, Emily G. Satel 2021 Family
Trust One, Emily G. Satel 2021 Family Trust Two, Caroline M. Satel 2021 Family
Trust One, Caroline M. Satel 2021 Family Trust Two, 14 trusts fbo minor children,
and Jefferson Bank, as trustee for all of the forementioned trusts, all of San Antonio,
Texas, to join the McSween Family Control Group, a group acting in concert, to
retain voting shares of Jefferson Bancshares, Inc., and thereby retain voting shares of
Jefferson Bank, San Antonio, Texas.
- Permitted, August 12, 2022
(A/C) = Addition or Correction
Delegated - 4 of
5
H.2
Actions under delegated authority
August 7, 2022 to August 13, 2022
Financial Holding Companies
San Francisco
First Northwest Bancorp, Port Angeles, Washington -- election to become a financial
holding company.
- Effective, August 5, 2022
(A/C)
Regulations and Policies
Chair
Lending and Liquidity Facilities -- reports to Congress pursuant to section 13(3) of
the Federal Reserve Act in response to COVID-19.
- Approved, August 9, 2022
(A/C) = Addition or Correction
Delegated - 5 of
5
District: 1
Federal Reserve Bank of Boston
Filings received during the week ending August 13, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
BANKNEWPORT
* Branch
BankNewport, Newport, Rhode Island,
submitted a notice to open a branch office
located at 1 Wake Robin Road. Lincoln,
Rhode Island.
Newspaper:
08/19/2022
Federal Register:
Not applicable
To establish branch at 1100 Main Street,
Floor 3, Kansas City, Missouri
Newspaper:
Not available
Federal Register:
Not applicable
STATE STREET BANK AND
TRUST COMPANY
* Branch
* Subject to the provisions of the Community Reinvestment Act
District: 1
Federal Reserve Bank of Boston
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 2
Federal Reserve Bank of New York
Filings received during the week ending August 13, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
BANCO DE RESERVAS DE
LA REPUBLICA
DOMINICANA
FBSEA
Banco de Reservas de la Republica
Dominicana, Santo Domingo, Dominican
Republic, to establish representative
offices in New York, New York, and
Miami, Florida, pursuant to Section 10(a)
of the International Banking Act and
Section 211.24(a)(1)(i)(A) of Regulation
K.
Newspaper:
08/10/2022
Federal Register:
Not applicable
* Subject to the provisions of the Community Reinvestment Act
District: 2
Federal Reserve Bank of New York
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 3
Federal Reserve Bank of Philadelphia
Filings received during the week ending August 13, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
ASIAN BANK
* Branch
Asian Bank, Philadelphia, PA, to establish
a branch office located at 934 E Passyunk
Avenue, Philadelphia, PA.
Newspaper:
08/18/2022
Federal Register:
Not applicable
* Subject to the provisions of the Community Reinvestment Act
District: 3
Federal Reserve Bank of Philadelphia
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 4
Federal Reserve Bank of Cleveland
Filings received during the week ending August 13, 2022
Filer
Filing Type
NONE
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
District: 4
Federal Reserve Bank of Cleveland
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 5
Federal Reserve Bank of Richmond
Filings received during the week ending August 13, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
BANK OF AMERICA,
NATIONAL ASSOCIATION
Investment
Bank of America, National Association,
Charlotte, North Carolina, provides prior
notice of its intent to invest in Bank of
America Europe Designated Activity
Company, Dublin, Ireland, pursuant to
Section 211.9(f) of Regulation K.
Newspaper:
Not applicable
Federal Register:
Not applicable
* Subject to the provisions of the Community Reinvestment Act
District: 5
Federal Reserve Bank of Richmond
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 6
Federal Reserve Bank of Atlanta
Filings received during the week ending August 13, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
CNB BANCORP, INC.
CIC
Patrick Charles Cooper, Miami, Florida, to
retain voting shares of CNB Bancorp, Inc.,
Mobile, Alabama, and thereby indirectly
retain voting shares of Commonwealth
National Bank, Mobile, Alabama.
Newspaper:
Not available
Federal Register:
08/29/2022
Newtek Business Services Corp, Boca
Raton, Florida, to become a bank holding
company by acquiring all of the
outstanding shares of National Bank of
New York City, Flushing, New York.
Concurrently, Newtek Business Services
Corp., Boca Raton, Florida, to form
Newtek Interim Bank, National Bank,
Miami, Florida, to merge with National
Bank of New York City, Flushing, New
York, with National Bank of New York
City as the surviving institution, pursuant
to sections 3(a)(1) and 3(a)(3) of the BHC
Act. In connection, Newtek Business
Services, Corp., Boca Raton, Florida, to
engage denovo in certain nonbanking
activities through its existing subsidiaries,
Newtek Business Lending, LLC, Orlando,
Florida, and Small Business Lending, LLC,
Lake Success, New York, pursuant to
section 225.24(a)(1) of Regulation Y.
Newspaper:
09/01/2022
Federal Register:
Not available
SmartBank, Pigeon Forge, Tennessee, to
establish a branch located at 101 Office
Park Drive, Birmingham, Alabama.
Newspaper:
08/27/2022
Federal Register:
Not applicable
NEWTEK BUSINESS
SERVICES CORP.
* 3A1
* 3A3
4c8
SMARTBANK
* Branch
* Subject to the provisions of the Community Reinvestment Act
District: 6
Federal Reserve Bank of Atlanta
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 7
Federal Reserve Bank of Chicago
Filings received during the week ending August 13, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
FIRST BANCORP OF
TAYLORVILLE, INC.
CIC
The Revocable Trust Agreement No.
060134, James O. Beavers, trustee, both of
Taylorville, Illinois, to retain voting shares
and thereby control First Bancorp of
Taylorville Inc., Taylorville, Illinois. First
Bancorp of Taylorville, Inc. controls First
National Bank in Taylorville, Taylorville,
Illinois.
Newspaper:
Not available
Federal Register:
Not available
FIRST IOWA STATE BANK
* 18C
First Iowa State Bank, Albia, Iowa to
merge with First Iowa State Bank,
Keosauqua, Iowa pursuant to section 18(c)
of the Federal Deposit Insurance Act. As a
result of the merger, First Iowa State Bank,
Albia, Iowa will establish branches located
at 714 1st Street, Keosauqua, Iowa; 102
Division Street, Cantril, Iowa; and 110
North Washington Street, Bloomfield,
Iowa.
Newspaper:
08/27/2022
Federal Register:
Not applicable
FVSB Mutual Bancorp, MHC, Fond du
Lac, Wisconsin, to become mutual bank
holding company and FVSB Bancorp, Inc.,
Fond du Lac, Wisconsin, proposes to
become a mid tier stock bank holding
company, all in connection with Fox Valley
Savings Bank, Fond du Lac, Wisconsin
proposals to convert from a mutual to stock
savings bank.
Newspaper:
Not available
Federal Register:
Not available
Hoosier Heartland State Bancorp
Employee Stock Ownership and Savings
Plan Trust, Crawfordsville, Indiana to
become a bank holding company by
acquiring Hoosier Heartland State Bancorp
and thereby indirectly acquiring Hoosier
Heartland State Bank, both of
Crawfordsville, Indiana.
Newspaper:
Not available
Federal Register:
08/25/2022
* Branch
FVSB Mutual Bancorp, MHC
* 3A1
HOOSIER HEARTLAND
* 3A1
STATE BANCORP ESOP AND
SAVINGS PLAN
* Subject to the provisions of the Community Reinvestment Act
District: 7
Federal Reserve Bank of Chicago
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 8
Federal Reserve Bank of St. Louis
Filings received during the week ending August 13, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
ARVEST BANK
* Branch
Arvest Bank, Fayetteville, Arkansas, to
establish a branch facility to be located at
535 W. Walnut Street, Suite 101,
Springfield, Missouri.
Newspaper:
08/24/2022
Federal Register:
Not applicable
Encore Bank, Little Rock, Arkansas, to
establish a branch facility to be located at
1030 16th Avenue S., Suite 300, Nashville,
Tennessee.
Newspaper:
08/17/2022
Federal Register:
Not applicable
Notice by The EDM Class A Common
Trust II, Jackson, Wyoming, Ellen
Dierberg Milne, Trustee, Jackson,
Wyoming, and the MJD Class A Common
Irrevocable Trust II, Jackson, Wyoming,
Michael J. Dierberg, St. Louis, Missouri
and Ellen Dierberg Milne, Jackson,
Wyoming, as co-trustees, to join the
Dierberg Family Control Group, an
existing group acting in concert that
controls FB Corporation, Creve Coeur,
Missouri. The trustees are already
members of the Dierberg Family Control
Group.
Newspaper:
08/30/2022
Federal Register:
08/31/2022
Notice by Jeffrey Joe Stinson, Milan,
Tennessee; the Patricia Ross Jones 2021
GST-Exempt ESBT Trust, Patricia Jones,
Trustee, Trenton, Tennessee; the Linda
Ross Szopinski 2021 GST-Exempt ESBT
Trust, Linda Szopinski, Trustee, Milan,
Tennessee; the John W. Ross 2021 GSTExempt ESBT Trust, John Ross, Trustee,
Milan, Tennessee; the Sandra K. Ross 2021
GST-Exempt ESBT Trust, Sandra Stinson,
Trustee, Milan, Tennessee; John W. and
Missy Ross, Milan, Tennessee; Barry
Jones, Trenton, Tennessee; and James
Szopinski, Milan, Tennessee, acting as a
family group, to acquire and retain control
of Hometown Bancorp, Inc., and thereby
indirectly control The Bank of Milan, both
of Milan, Tennessee.
Newspaper:
09/06/2022
Federal Register:
Not available
Notice by The Kurt A. Schubert Heritage
Trust dated February 7, 2022, and Kurt A.
Schubert, trustee, both of Jefferson City,
Missouri, to acquire control of Mid-MO
Bancshares, Inc., Auxvasse, Missouri, the
parent company of United Security Bank,
Fulton, Missouri.
Newspaper:
08/20/2022
Federal Register:
08/26/2022
Notice by the Trager Family Foundation
Trust, Steven E. Trager, Trustee, both of
Louisville, Kentucky, to join the Trager
Family Control Group acting in concert to
retain control of Republic Bancorp, Inc.,
and thereby indirectly control Republic
Bank & Trust Company, both of Louisville,
Kentucky.
Newspaper:
09/01/2022
Federal Register:
Not available
ENCORE BANK
FB CORPORATION
* Branch
CIC
HOMETOWN BANCORP, INC. CIC
MID-MO BANCSHARES, INC. CIC
REPUBLIC BANCORP, INC.
CIC
* Subject to the provisions of the Community Reinvestment Act
District: 8
Federal Reserve Bank of St. Louis
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 9
Federal Reserve Bank of Minneapolis
Filings received during the week ending August 13, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
LUMINATE CAPITAL
CORPORATION
* 3A1
Luminate Capital Corp. to become a bank
holding company by acquiring Luminate
Bank, both of Minnetonka, Minnesota.
Newspaper:
Not available
Federal Register:
Not available
PEOPLES STATE HOLDING
COMPANY
CIC
Tyler Engstrom, Westhope, North Dakota,
to acquire voting shares of Peoples State
Holding Company, Westhope, North
Dakota (Company), and thereby indirectly
acquire voting shares of Peoples State
Bank, Westhope, North Dakota (Bank).
Additionally, Tyler Engstrom; Curtis
Moum, Westhope, North Dakota; and
Darin Bohl, Bottineau, North Dakota, as a
group acting in concert, to acquire voting
shares of Company and thereby indirectly
acquire voting shares of Bank.
Newspaper:
Not available
Federal Register:
Not available
* Subject to the provisions of the Community Reinvestment Act
District: 9
Federal Reserve Bank of Minneapolis
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 10
Federal Reserve Bank of Kansas City
Filings received during the week ending August 13, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
ALLBANK HOLDING
COMPANY, INC.
* 3A1
AllBank Holding Company, Inc., Tulsa,
Oklahoma, to become a bank holding
company through the acquisition of Bank
of Locust Grove, Locust Grove, Oklahoma.
Newspaper:
Not available
Federal Register:
09/01/2022
Elevation Bancshares, Inc., St. Louis,
Missouri (Elevation), to become a bank
holding company by acquiring The First
National Bank of Sedan, Sedan, Kansas
(Sedan), through Elevation's newly formed
interim bank, Elevation Interim National
Bank, which will merge with and into
Sedan.
Newspaper:
08/20/2022
Federal Register:
08/29/2022
ELEVATION BANCSHARES, * 3A1
INC.
* Subject to the provisions of the Community Reinvestment Act
District: 10
Federal Reserve Bank of Kansas City
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 11
Federal Reserve Bank of Dallas
Filings received during the week ending August 13, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
AMERICAN STATE BANK
* Branch
American State Bank, Arp, Texas to
establish a branch 500 Dallas Street,
Plainview, Texas 79072
Newspaper:
Not available
Federal Register:
Not applicable
Preston L. Massey, as co-trustee of the
Elizabeth Shatto Massey Separate Property
Trust ("ESM Trust"); as trustee of the John
H. Massey, II 2011 Trust; and as trustee of
a 2012 trust for the benefit of John H.
Massey, II and 2 minors; all of Dallas,
Texas; and John H. Massey, II, as cotrustee of the ESM Trust; as trustee of the
Preston L. Massey 2011 Trust; and as
trustee of a 2012 trust for the benefit of
Preston L. Massey and 2 minors; all of
Houston, Texas; to retain voting shares of
Central Texas Bankshare Holdings, Inc.,
Columbus, Texas and Colorado County
Investment Holdings, Inc., Wilmington,
Delaware, and thereby indirectly,
Columbus State Bank, Columbus, Texas;
and Hill Bancshare Holdings, Inc., Weimar,
Texas, and Hill Bancshares of Delaware,
Inc., Wilmington, Delaware, and thereby
indirectly, Hill Bank & Trust Co., Weimar,
Texas
Newspaper:
Not available
Federal Register:
Not available
Comerica Bank, Dallas, Texas, seeks prior
approval to make a Community
Development and Public Welfare
Investment in Raza Development Fund,
Inc., Phoenix, Arizona, pursuant to section
208.22 of Regulation H.
Newspaper:
Not applicable
Federal Register:
Not applicable
Comerica Bank, Dallas, Texas, seeks prior
approval to make a Community
Development and Public Welfare
Investment in National Minority Supplier
Development Council Business
Consortium Fund, Inc., pursuant to section
208.22 of Regulation H.
Newspaper:
Not applicable
Federal Register:
Not applicable
Global One Bancshares, Inc., Carrollton,
Texas to become a bank holding company
through the acquisition of Chappell Hill
Bank, Chappell Hill, Texas
Newspaper:
08/04/2022
Federal Register:
08/11/2022
Origin Bank, Choudrant, Louisiana, to
establish a branch at 1110 East Southlake
Blvd, Southlake, Texas 76092.
Newspaper:
08/18/2022
Federal Register:
Not applicable
Susser Bank, Dallas, Texas, to establish a
branch at 200 Austin Hwy, Suite 401, San
Antonio, Texas 78209
Newspaper:
08/23/2022
Federal Register:
Not applicable
Third Coast Bank, SSB, Humble, Texas, to
establish a branch at 1508 West 5th Street,
Austin, Texas 78703.
Newspaper:
08/29/2022
Federal Register:
Not applicable
CENTRAL TEXAS
BANKSHARE HOLDINGS,
INC.
CIC
COMERICA BANK
PWI
COMERICA BANK
PWI
GLOBAL ONE
BANCSHARES, INC.
* 3A1
ORIGIN BANK
* Branch
SUSSER BANK
THIRD COAST BANK, SSB
* Branch
* Branch
* Subject to the provisions of the Community Reinvestment Act
District: 11
Federal Reserve Bank of Dallas
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
Exam Method
473266
TEXAS FIRST BK, TEXAS CITY, TEXAS
03/14/2022
08/07/2022
S
Int Small Bank
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
District: 12
Federal Reserve Bank of San Francisco
Filings received during the week ending August 13, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
BANCPACIFIC FINANCIAL
HOLDING CORPORATION
* 3A1
BancPacific Financial Holding
Corporation, Hagatna, Guam, and Our
Lady of Peace Memorial Plan, Inc.- Trust
Fund, Barrigada, Guam; to become bank
holding companies by acquiring 100
percent of BankPacific, Ltd., Hagatna,
Guam, upon the conversion of the bank
from a savings association to a commercial
bank.
Newspaper:
Not available
Federal Register:
Not available
* Subject to the provisions of the Community Reinvestment Act
District: 12
Federal Reserve Bank of San Francisco
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.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
@FedFRASER