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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. 9
Week Ending February 26, 2022
Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2
Board Actions
February 20, 2022 to February 26, 2022
Bank Holding Companies
Home BancShares, Inc., Conway, Arkansas -- to merge with Happy Bancshares, Inc.,
and thereby acquire Happy State Bank, both of Happy, Texas, and for Centennial
Bank, Conway, Arkansas, to merge with Happy State Bank and to establish and
operate branches at the locations of the main office and branches of Happy State
Bank.
- Approved, February 22, 2022
Monetary and Financial Policy
Monetary Policy Report -- semiannual report to Congress.
- Published, February 25, 2022
Enforcement
National Bank of Pakistan (NBP), Karachi, Pakistan, and NBP New York Branch,
New York, New York -- consent cease-and-desist order and assessment of a civil
money penalty for deficiencies in Bank Secrecy Act/anti-money-laundering
compliance.
- Approved, February 18, 2022
(A/C)
(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
February 20, 2022 to February 26, 2022
RBOPS Reserve Bank Operations and Payment Systems
IF International Finance
MA Monetary Affairs
Bank Branches, Domestic
Atlanta
Regions Bank, Birmingham, Alabama -- to establish branches at 11790 Haynes
Bridge Road, Alpharetta, Georgia, and the northeast corner of the intersection of
Goose Creek Bypass and Lathram Lane, Franklin, Tennessee.
- Approved, February 25, 2022
Bank Holding Companies
Atlanta
Carver Financial Corporation, Savannah, Georgia -- to acquire Alamerica BancCorp,
Inc., and thereby indirectly acquire its subsidiary, Alamerica Bank, both of
Birmingham, Alabama.
- Approved, February 25, 2022
Chicago
First Merchants Corporation, Muncie, Indiana -- to merge with Level One Bancorp,
Inc., and thereby indirectly acquire Level One Bank, both of Farmington Hills,
Michigan.
- Approved, February 22, 2022
Kansas City
Lauritzen Corporation and First National of Nebraska, Inc. (FNNI), both of Omaha,
Nebraska -- waiver of application for FNNI to acquire Western States Bancorporation
and its subsidiary, Western States Bank, both of Laramie, Wyoming, in connection
with the merger of Western States Bank with and into First National Bank of Omaha,
Omaha, Nebraska.
- Granted, February 2, 2022
(A/C)
(A/C) = Addition or Correction
Delegated - 1 of
3
H.2
Actions under delegated authority
February 20, 2022 to February 26, 2022
Bank Holding Companies
Minneapolis
Luminate Capital Corporation, Minnetonka, Minnesota -- to become a bank holding
company by acquiring American Equity Bank, Minnetonka, Minnesota.
- Returned, February 17, 2022
(A/C)
Philadelphia
Workers United, Philadelphia, Pennsylvania, and Amalgamated Financial Corp.,
New York, New York -- to merge with Amalgamated Investments Company and
thereby indirectly acquire Amalgamated Bank of Chicago, both of Chicago, Illinois.
- Withdrawn, February 25, 2022
Bank Mergers
Chicago
CUSB Bank, Cresco, Iowa -- to purchase the assets and assume the liabilities of the
Waverly and Shell Rock branches of Security State Bank, Springville, Iowa, and
thereby establish branches at 933 16th Street SW, Waverly, Iowa, and 104 North
Cherry Street, Shell Rock, Iowa.
- Approved, February 24, 2022
Boston
Needham Bank, Needham, Massachusetts -- to purchase certain assets and assume
certain liabilities of Eastern Bank, Boston, Massachusetts, and to establish a branch
at 400 Mystic Avenue, Medford, Massachusetts.
- Approved, February 23, 2022
(A/C) = Addition or Correction
Delegated - 2 of
3
H.2
Actions under delegated authority
February 20, 2022 to February 26, 2022
Banks, State Member
Secretary
Manufacturers and Traders Trust Company, Buffalo, New York -- to make a public
welfare investment.
- Approved, February 10, 2022
(A/C)
Change in Bank Control
Atlanta
Community Bankshares, Inc., LaGrange, Georgia -- Jeremy Francis Gilpin, South
Lake Tahoe, California; Jeffrey Alan Smith, Atlanta, Georgia; Thomas H. Greene,
Atlanta, Georgia; Joy B. Smith, Cairo, Georgia; and Mark Burgessporter, Duluth,
Georgia, as a group acting in concert, to acquire shares and thereby acquire control of
Community Bankshares, Inc., LaGrange, Georgia, and its subsidiaries, Community
Bank and Trust-West Georgia, LaGrange, Georgia, and Community Bank and TrustAlabama, Union Springs, Alabama.
- Permitted, February 23, 2022
Chicago
Luana Bancorporation, Luana, Iowa -- Blake Schultz, Norwalk, Iowa; Sarah
Freilinger, Monona, Iowa; and Stephanie Steele, Luana, Iowa, to become members of
the Schultz Family Control Group, a group acting in concert, to retain voting shares
of Luana Bancorporation, and thereby indirectly retain voting shares of Luana
Savings Bank, Luana, Iowa.
- Withdrawn, February 25, 2022
Supervision and Regulation
Director, S&R, and Director, Financial Stability
Stress Tests -- issuance of hypothetical scenarios for 2022 stress tests.
- Approved, January 27, 2022
(A/C)
(A/C) = Addition or Correction
Delegated - 3 of
3
District: 1
Federal Reserve Bank of Boston
Filings received during the week ending February 26, 2022
Filer
Filing Type
NONE
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
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 February 26, 2022
Filer
Filing Type
NONE
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
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 February 26, 2022
Filer
Filing Type
NONE
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
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 February 26, 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 February 26, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
FORBRIGHT, INC.
4c8
Forbright, Inc, Chevy Chase, Maryland, to
acquire up to 49.9% of the voting shares of
Temple View Capital, LLC, Bethesda,
Maryland, and thereby engage in extending
credit and servicing loans, pursuant to
Section 225.28(b)(1) of Regulation Y.
Newspaper:
Not applicable
Federal Register:
Not available
* 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 February 26, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
CLIMATE FIRST BANCORP,
INC.
* 3A1
Climate First Bancorp, Inc., Winter Park,
Florida to become a bank holding company
by acquiring outstanding shares of Climate
First Bank, St. Petersburg, Florida.
Newspaper:
Not available
Federal Register:
Not available
* 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 February 26, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
BANK OF MONTREAL
* 3A3
Bank of Montreal, Montreal, Quebec,
Canada and BMO Financial Corp.,
Wilmington, Delaware to acquire 100
percent of BancWest Holding Inc., San
Francisco, California, and thereby
indirectly acquire Bank of the West, San
Francisco, California. Following the share
acquisition, BMO Financial Corp.,
Wilmington, Delaware will merge with
BancWest Holding Inc., San Francisco,
California, with BMO Financial Corp
being the surviving entity.
Newspaper:
Not available
Federal Register:
02/25/2022
First Federal Bank of Wisconsin Employee
Stock Ownership Plan, Racine, Wisconsin
to acquire voting shares of FFBW, Inc,
Brookfield, Wisconsin. and thereby acquire
voting shares of First Federal Bank of
Wisconsin, Waukesha, Wisconsin.
Newspaper:
Not available
Federal Register:
02/28/2022
Jeffrey Ilstrup, Onalaska, WI and Richard
Davig, Viroqua, WI, as members of the
Ilstrup Family Control Group, a group
acting in concert, to acquire additional
voting shares of Firsnabanco, Inc. and
thereby indirectly acquire voting shares of
Citizens First Bank, both of Viroqua, WI.
Newspaper:
03/08/2022
Federal Register:
03/10/2022
Isabella Bank, Mount Pleasant, Michigan
to establish a branch located at 5705 State
Street, Saginaw, Michigan.
Newspaper:
Not available
Federal Register:
Not applicable
Sarah Schultz Freilinger, Monona, Iowa,
individually and as trustee of the Blake
Schultz 2022 Irrevocable Trust, Des
Moines, Iowa, and Stephanie Steele,
Luana, Iowa, to become members of the
Schultz Family Control Group, a group
acting in concert, to retain voting shares of
Luana Bancorporation, and thereby
indirectly retain voting shares of Luana
Savings Bank, both of Luana, Iowa.
Newspaper:
Not available
Federal Register:
Not available
MidWestOne Financial Group, Inc., Iowa
City, Iowa, to merge with Iowa First
Bancshares Corp., Muscatine, Iowa and
thereby indirectly acquire First National
Bank of Muscatine, Muscatine, Iowa and
First National Bank in Fairfield, Fairfield,
Iowa.
Newspaper:
Not available
Federal Register:
03/10/2022
The Northern Trust Company, Chicago,
Illinois, to establish a permanent branch
located at 1 Independent Drive,
Jacksonville, Florida.
Newspaper:
Not available
Federal Register:
Not applicable
Thumb Bank & Trust Company, Pigeon,
Michigan to establish a branch located at
2592 South Van Dyke Road, Marlette,
Michigan.
Newspaper:
03/11/2022
Federal Register:
Not applicable
* 3A5
FFBW, INC.
FIRSNABANCO, INC.
ISABELLA BANK
CIC
CIC
* Branch
LUANA BANCORPORATION CIC
MIDWESTONE FINANCIAL
GROUP, INC.
* 3A5
NORTHERN TRUST
COMPANY, THE
* Branch
THUMB BANK & TRUST
* Branch
* Subject to the provisions of the Community Reinvestment Act
District: 7
Federal Reserve Bank of Chicago
Filings received during the week ending February 26, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
VANDERBILT HOLDING
COMPANY, INC.
CIC
The David C. Neuhaus Bank Stock
Revocable Trust, Fairfax, Iowa, Laurie
Neuhaus, Amana, Iowa, as trustee; together
with Patrick E. Slater, Lois E. Slater and
John C. Slater, all of Cedar Rapids, Iowa,
and David J. Slater, Lakewood, Colorado;
to become members of the Neuhaus Family
Control Group, a group acting in concert,
to retain voting shares of Vanderbilt
Holding Company, Inc., and thereby
indirectly retain voting shares of Fairfax
State Savings Bank, both of Fairfax, Iowa.
Additionally, Patrick E. Slater, Cedar
Rapids, Iowa, to acquire additional voting
shares of Vanderbilt Holding Company,
Inc., and thereby indirectly acquire voting
shares of Fairfax State Savings Bank, both
of Fairfax, Iowa.
Newspaper:
Not available
Federal Register:
03/10/2022
* 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 February 26, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
EVOLVE BANK & TRUST
* Branch
Evolve Bank & Trust, West Memphis,
Arkansas, to establish a branch facility to
be located at 111 East Huntington Avenue,
Suite A, Jonesboro, Arkansas.
Newspaper:
02/28/2022
Federal Register:
Not applicable
First Bank, Creve Coeur, Missouri to
establish a branch facility to be located at
13641 Central Avenue, Suite I, Chino,
California.
Newspaper:
03/06/2022
Federal Register:
Not applicable
Southern Bancorp Bank, Arkadelphia,
Arkansas, to merge with Premier Bank of
Arkansas, Jonesboro, Arkansas, and to
retain the acquired facilities as branch
offices.
Newspaper:
03/26/2022
Federal Register:
Not applicable
Southern Bancorp, Inc., Arkadelphia,
Arkansas, to acquire through merger FCB
Financial Services, Inc., Marion, Arkansas.
Newspaper:
03/26/2022
Federal Register:
Not available
Notice by Eugene H. Bringol, Jr., Natalee
L. Young-Bringol, both of Beaver,
Pennsylvania; Nathan T. Snyder,
Pittsburgh, Pennsylvania; Robert H.
Bishop, Wexford, Pennsylvania; Brian D.
Croftcheck, Rostraver Township,
Pennsylvania; Donald A. Croftcheck, Scott
C. Croftcheck, both of Grindstone,
Pennsylvania; Jeffrey Donald Kendall,
Sewikley, Pennsylvania; and James W.
Yankee, Columbia, Missouri; to gain
control of Townsend Financial
Corporation, Parsons, Tennessee.
Newspaper:
03/02/2022
Federal Register:
03/01/2022
FIRST BANK
* Branch
SOUTHERN BANCORP
BANK
* 18C
SOUTHERN BANCORP, INC
* 3A5
TOWNSEND FINANCIAL
CORPORATION
* Branch
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 February 26, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
MINNESOTA COMMUNITY
BANCSHARES, INC.
CIC
Daniel Otten, Hayward, Minnesota, to
acquire voting shares of Minnesota
Community Bancshares, Inc., Albert Lea,
Minnesota (MCBI), and thereby indirectly
acquire voting shares of Arcadian Bank,
Hartland, Minnesota (Bank). Daniel M.
Otten Revocable Trust, Daniel Otten and
Kim Otten as trustees, all of Hayward,
Minnesota; Magdalene E. Otten Revocable
Trust, Wisner, Nebraska, Magdalene Otten,
Wisner, Nebraska, and Daniel Otten as
trustees; and Kim M. Otten Revocable
Trust, Daniel Otten and Kim Otten as
trustees, all of Hayward, Minnesota; to
become members of the Otten Family
Control Group, a group acting in concert,
to acquire voting shares of MCBI, and
thereby indirectly acquire voting shares of
Bank.
Newspaper:
03/15/2022
Federal Register:
03/07/2022
PLATINUM BANCORP, INC.
CIC
The LeGare Revocable Trust dated July
23, 2018, Greg LeGare and Elaine LeGare
as trustees, both of Osseo, Wisconsin;
Bradley LeGare and Sharon LeGare, both
of St. Charles, Illinois; Jeffrey P. LeGare,
Lucas, Texas; Jennifer LeGare, Eau Claire,
Wisconsin; and Pamela LeGare-Van Hout,
Appleton, Wisconsin; the LeGare Group, a
group acting in concert, to retain voting
shares of Platinum Bancorp, Inc., and
thereby indirectly retain voting shares of
Platinum Bank, both of Oakdale,
Minnesota.
Newspaper:
Not available
Federal Register:
03/16/2022
The Willard and Geraldine Ogren
Revocable Trust (WGO Trust), Iron River,
Wisconsin; Greg Ogren, individually and
as trustee of the WGO Trust and the Greg
Ogren Separate Descendant's Trust, both of
Iron River, Wisconsin; Scott Ogren,
individually and as trustee of the Scott
Ogren Separate Descendant's Trust, both of
Iron River, Wisconsin; Mark Ogren,
Minnetrista, Minnesota, individually and as
trustee of the Mark Ogren Separate
Descendant's Trust, Iron River, Wisconsin;
and Lori Ogren, Iron River, Wisconsin, as
a group acting in concert, to retain voting
shares of Security Bank Shares, Inc., Iron
River, Wisconsin, and thereby indirectly
retain voting shares of Security State Bank,
Iron River, Wisconsin, and Security Bank,
New Auburn, Wisconsin.
Newspaper:
Not available
Federal Register:
Not available
SECURITY BANK SHARES,
INC.
CIC
* 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 February 26, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
CORNHUSKER GROWTH
CORPORATION
CIC
The Alice M. Dittman 2011 Irrevocable
Trust, John F. Dittman, trustee, and Susan
G. Dittman, all of Lincoln, Nebraska, to
retain shares of Cornhusker Growth
Corporation, Lincoln, Nebraska (CGC),
and join the Dittman Family Group, a
group acting in concert, that controls 25
percent or more of CGC, and thereby
indirectly retain voting shares of
Cornhusker Bank, Lincoln, Nebraska.
Newspaper:
03/07/2022
Federal Register:
Not available
DALE SPRAGUE
ENTERPRISES, INC.
CIC
The L. Dale Sprague Irrevocable Family
Trust Agreement under agreement dated
December 31, 2020, M. Janice Sprague,
Trustee, both of Blue Mound, Kansas, the
M. Janice Sprague Irrevocable Family
Trust Agreement under agreement dated
December 31, 2020, L. Dale Sprague,
Trustee, both of Blue Mound, Kansas, and
Lonnie D. Sprague, of Kincaid, Kansas, to
all join L. Dale Sprague as members of the
Sprague Family Group, a group acting in
concert, to retain voting shares of Dale
Sprague Enterprise, Inc., and thereby
indirectly retain voting shares of Farmers
State Bank, both of Blue Mound, Kansas.
Newspaper:
Not available
Federal Register:
Not available
EMPRISE FINANCIAL
CORPORATION
CIC
The M.D. Michaelis GST Exempt Trust
and the M.D. Michaelis Trust B, Michael
D. (M.D). Michaelis, Wichita, Kansas, and
L. Thomas Veatch, Park City, Kansas, both
previously approved as co-trustees; and the
Paula Sue Michaelis GST Exempt Trust
and the Paula Sue Michaelis Trust B, Paula
Sue Michaelis and M.D. Michaelis, both of
Wichita, Kansas, and L. Thomas Veatch of
Park City, Kansas, all previously approved
as co-trustees; to become members of the
Michaelis Family Group, a group acting in
concert, to retain voting shares of Emprise
Financial Corporation (the company), and
thereby indirectly retain voting share of
Emprise Bank, both of Wichita, Kansas.
Aaron K. Veatch, Wichita, Kansas, as cotrustee of the Michael D. Michaelis Trust
and the Paula Sue Michaelis Trust,
previously approved trusts, with M.D.
Michaelis and Paula Sue Michaelis, both
previously approved co-trustees, to become
a member of the Michaelis Family Group
and to acquire shares of the company.
Newspaper:
03/09/2022
Federal Register:
03/07/2022
* Subject to the provisions of the Community Reinvestment Act
District: 10
Federal Reserve Bank of Kansas City
Filings received during the week ending February 26, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
FIRSTIER II BANCORP.
CIC
Timothy D. Wiens, Westminster,
Colorado, Thomas J. Wiens, Sedalia,
Colorado, and Vandy Sears, Cheyenne,
Wyoming, to become members of the
Wiens Family Group, a group acting in
concert, to acquire voting shares of
FirsTier II Bancorp., Cheyenne, Wyoming,
and thereby indirectly retain and acquire
voting shares of FirsTier Bank, Kimball,
Nebraska. Also, in addition to Timothy D.
Wiens and Thomas J. Wiens, Jan Wiens,
Westminster, Colorado, T. Jordan Wiens,
Broomfield, Colorado, Lindsey Sears,
Cheyenne, Wyoming, Diana Wiens,
Sedalia, Colorado, Travis Wiens, Sedalia,
Colorado, Lauren Bocci, Erie, Colorado,
Hannah Nelson, Ellisville, Missouri, Sarah
Swor, Chico, Texas, and Terry Wiens,
Edmond, Oklahoma, to become members
of the Wiens Family Group, to retain
voting shares of FirsTier II Bancorp.,
Cheyenne, Wyoming and thereby
indirectly retain shares of FirsTier Bank,
Kimball, Nebraska.
Newspaper:
03/17/2022
Federal Register:
Not available
Harold Guyon ("Guy") Townsend III, as
co-trustee of the SRT 2015 LFG Trust,
with Sarah F. Rowland, previously
approved co-trustee, all of Kansas City,
Missouri; to join the Rowland/Townsend
Family Group, a group acting in concert, to
acquire voting shares of Lead Financial
Group, Inc., and thereby indirectly acquire
voting shares of Lead Bank, both of
Kansas City, Missouri.
Newspaper:
Not available
Federal Register:
Not available
The Graydon J. Kincaid, Jr. 2020 Trust,
dated December 1, 2020, and Graydon J.
Kincaid, Jr., as trustee, both of Mission
Hills, Kansas, to acquire voting shares of
Northeast Kansas Bancshares, Inc., and
thereby indirectly acquire voting shares of
Kendall Bank, both of Overland Park,
Kansas.
Newspaper:
03/14/2022
Federal Register:
03/10/2022
Ryan C. Sullivan, Mission Hills, Kansas,
and Bryan J. Adams, Fairway, Kansas, to
establish the Sullivan/Adams control
group, a group acting in concert, to retain
voting shares of Northeast Kansas
Bancshares, Inc., and thereby indirectly
retain voting shares of Kendall Bank, both
of Overland Park, Kansas.
Newspaper:
03/14/2022
Federal Register:
03/10/2022
LEAD FINANCIAL GROUP,
INC.
CIC
NORTHEAST KANSAS
BANCSHARES, INC.
CIC
NORTHEAST KANSAS
BANCSHARES, INC.
CIC
* Subject to the provisions of the Community Reinvestment Act
District: 10
Federal Reserve Bank of Kansas City
Filings received during the week ending February 26, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
NORTHERN MISSOURI
BANCSHARES, INC.
CIC
David Tribble, as general partner of
Tribble Family Partners, L.P., all of
Unionville, Missouri, a member of the
Tribble Family Group, a group acting in
concert, to retain voting shares of Northern
Missouri Bancshares Inc., and thereby
indirectly retain voting shares of Farmers
Bank of Northern Missouri, both of
Unionville, Missouri; Exchange Bank of
Missouri, Fayette, Missouri; and Concordia
Bank, Concordia, Missouri. David Tribble
was previously approved as a member of
the Tribble Family Group.
Newspaper:
Not available
Federal Register:
Not available
UNITED BANK & TRUST
* 18C
United Bank & Trust, Marysville, Kansas,
to purchase certain assets and assume
certain liabilities of the branches of Equity
Bank, Andover, Kansas, located at 302
West 6th Street, Concordia, Kansas, 1404
28th Street, Belleville, Kansas, and 413
Washington, Clyde, Kansas; and incident
thereto, to establish three branches.
Newspaper:
03/19/2022
Federal Register:
Not applicable
* Branch
* 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 February 26, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
AMERICAN STATE BANK
* Branch
American State Bank, Arp, Texas, to
establish a branch at 1700 N. Loop 336
West, Conroe, Texas 77304
Newspaper:
Not available
Federal Register:
Not applicable
Prior Notice under the Change in Bank
Control Act ("CIBCA") filed by Baker
Management Trust, Sheri Barnhart, as
trustee, with respect to Austin Colony, Inc.
("Company"), and indirectly, First National
Bank ("Bank"), all of Lake Jackson, Texas,
to acquire greater than 10 percent of the
outstanding voting shares of Company, and
to join the H.L. Baker, Jr. Family Group, a
group acting in concert ("Control Group").
Additionally, Sheri Barnhart, individually
and as trustee, Lake Jackson, Texas,
provided notification to acquire greater
than 25 percent of the outstanding voting
shares of Company and become the single
largest shareholder of Company and
indirectly Bank.
Newspaper:
Not available
Federal Register:
Not available
Marvin Edward Singleton, IV,
individually, and the MES 2022 Trust
(Marvin Edward Singleton, IV as trustee),
both of Waxahachie, Texas, to join the
Marvin Edward Singleton, III Family
Control Group, a group acting in concert,
and acquire voting shares of First Citizens
Bancshares, Inc., and thereby indirectly
control Citizens National Bank of Texas,
both of Waxahachie, Texas.
Newspaper:
Not available
Federal Register:
Not available
Frost Bank, San Antonio, Texas, to
establish a branch located at 1212 W.
McDermott Drive, Suite 400, Allen, Texas
75013.
Newspaper:
02/26/2022
Federal Register:
Not applicable
Frost Bank, San Antonio, Texas, to
establish a branch located at 5225 N.
Garland Avenue, Garland, Texas 75040.
Newspaper:
02/26/2022
Federal Register:
Not applicable
Application by Texas Regional Bank,
Harlingen, Texas, to acquire by merger
AccessBank, Denton, Texas, and to
establish the offices of AccessBank as
branches of Texas Regional Bank
Newspaper:
01/29/2022
Federal Register:
Not applicable
AUSTIN COLONY, INC.
CIC
FIRST CITIZENS
BANCSHARES, INC.
CIC
FROST BANK
* Branch
FROST BANK
TEXAS REGIONAL BANK
* Branch
* 18C
* 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
726953
UNITED TX BK, DALLAS, TEXAS
11/03/2021
02/20/2022
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 February 26, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
ENDEAVOR BANCORP
* 3A1
Endeavor Bancorp to become a bank
holding company by acquiring Endeavor
Bank, both of San Diego, California.
Newspaper:
Not available
Federal Register:
03/25/2022
Friendly Hills Bank, Whittier, California,
to establish a new branch office at 3579
Valley Centre Dr., Suite 175, San Diego,
California 92130.
Newspaper:
Not available
Federal Register:
Not applicable
Seattle Bancshares, Inc., to become a bank
holding company by acquiring Seattle
Bank, both of Seattle, Washington.
Newspaper:
Not available
Federal Register:
03/28/2022
State Bank of India, Mumbai, India, to
establish a wholesale branch office in Los
Angeles, California, pursuant to section
211.24(a)(1) of Regulation K.
Newspaper:
03/11/2022
Federal Register:
Not applicable
FRIENDLY HILLS BANK
* Branch
SEATTLE BANCSHARES,
INC.
* 3A1
STATE BANK OF INDIA
FBSEA
* 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