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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. 24 Week Ending June 11, 2022 Board of Governors of the Federal Reserve System, Washington, DC 20551 H.2 Board Actions June 5, 2022 to June 11, 2022 Bank Branches, Domestic United Texas Bank, Dallas, Texas -- to establish a branch at 10803 Preston Road, Dallas, Texas. - Approved, June 6, 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 June 5, 2022 to June 11, 2022 RBOPS Reserve Bank Operations and Payment Systems IF International Finance MA Monetary Affairs Bank Branches, Domestic Secretary First Citizens Community Bank, Mansfield, Pennsylvania -- to establish a branch at 3840 Kennett Pike, Greenville, Delaware. - Approved, June 6, 2022 Secretary First Financial Bank, Cincinnati, Ohio -- to establish a branch at 9660 South Mason Montgomery Road, Mason, Ohio. - Approved, June 10, 2022 Secretary First Western Bank and Trust, Minot, North Dakota -- to establish a branch at 1414 12th Avenue North, Fargo, North Dakota. - Approved, June 8, 2022 Dallas Frost Bank, San Antonio, Texas -- to establish a branch at 7101 Warren Parkway, Frisco, Texas. - Approved, June 7, 2022 Dallas Frost Bank, San Antonio, Texas -- to establish a branch at 2231 Singleton Road, Dallas, Texas. - Approved, June 7, 2022 (A/C) = Addition or Correction Delegated - 1 of 6 H.2 Actions under delegated authority June 5, 2022 to June 11, 2022 Bank Branches, Domestic St. Louis Simmons Bank, Pine Bluff, Arkansas -- to establish branches at 1400 East Harding Avenue, Pine Bluff, Arkansas, and 4134 Elvis Presley Boulevard, Memphis, Tennessee (two applications). - Approved, June 9, 2022 Bank Holding Companies Richmond MVB Financial Corp., Fairmont, West Virginia -- to engage in nonbanking activities through the indirect acquisition/retention of securities in the following companies: Flexia Payments, LLC; MVB Technologies, LLC; and Intercoastal Mortgage, LLC. - Approved, June 7, 2022 New York Nave Holdings LLC, San Juan, Puerto Rico -- (1) to become a bank holding company by acquiring Nave Bank, San Juan, Puerto Rico, and (2) for Nave Bank, a de novo bank, to become a member of the Federal Reserve System. - Withdrawn, June 9, 2022 Banks, State Member Dallas Comerica Bank, Dallas, Texas -- to make a community development and public welfare investment. - Approved, June 3, 2022 (A/C) (A/C) = Addition or Correction Delegated - 2 of 6 H.2 Actions under delegated authority June 5, 2022 to June 11, 2022 Banks, State Member Dallas Comerica Bank, Dallas, Texas -- to make a community development and public welfare investment. - Approved, June 9, 2022 Change in Bank Control San Francisco Banner Corporation, Walla Walla, Washington -- the Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire additional voting shares of Banner Corporation, and thereby indirectly acquire voting shares of Banner Bank, Walla Walla, Washington. - Permitted, June 7, 2022 Secretary First Financial Bancorp, Cincinnati, Ohio -- the Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire additional voting shares of First Financial Bancorp, and thereby indirectly acquire voting shares of First Financial Bank, Cincinnati, Ohio. - Permitted, June 7, 2022 (A/C) = Addition or Correction Delegated - 3 of 6 H.2 Actions under delegated authority June 5, 2022 to June 11, 2022 Change in Bank Control San Francisco Hope Bancorp, Inc., Los Angeles, California -- the Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire additional voting shares of Hope Bancorp, Inc., and thereby indirectly acquire voting shares of Bank of Hope, Los Angeles, California. - Permitted, June 7, 2022 St. Louis Old National Bancorp, Evansville, Indiana -- the Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire additional voting shares of Old National Bancorp, and thereby indirectly acquire voting shares of Old National Bank, Evansville, Indiana. - Permitted, June 7, 2022 Minneapolis Prairie Bancshares Corporation, Shelby, Montana -- Brice Kluth, Shelby, Montana; Coby Kluth, Whitefish, Montana; John Byron Love, Kalispell, Montana; and Lisette Pickens, Missoula, Montana; to retain voting shares of Prairie Bancshares Corporation and thereby indirectly retain voting shares of The First State Bank of Shelby, Shelby, Montana. - Permitted, June 6, 2022 (A/C) = Addition or Correction Delegated - 4 of 6 H.2 Actions under delegated authority June 5, 2022 to June 11, 2022 Change in Bank Control Cleveland S&T Bancorp, Indiana, Pennsylvania -- the Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire additional voting shares of S&T Bancorp and thereby indirectly acquire voting shares of S&T Bank, Indiana, Pennsylvania. - Permitted, June 7, 2022 St. Louis Simmons First National Corporation, Pine Bluff, Arkansas -- the Vanguard Group, Inc., Malvern, Pennsylvania, on behalf of itself, its subsidiaries and affiliates, including investment companies registered under the Investment Company Act of 1940, other pooled investment vehicles, and institutional accounts that are sponsored, managed, or advised by Vanguard, to acquire additional voting shares of Simmons First National Corporation, and thereby indirectly acquire voting shares of Simmons Bank, Pine Bluff, Arkansas. - Permitted, June 7, 2022 Extensions of Time St. Louis Arvest Bank, Fayetteville, Arkansas -- extension to January 21, 2023, to establish a branch at 155 East 150th Place South, Glenpool, Oklahoma. - Granted, June 9, 2022 Kansas City Bern Bancshares, Inc., Bern, Kansas -- extension to September 8, 2022, to acquire additional shares of UBT Bancshares, Inc., and thereby indirectly acquire United Bank & Trust, both of Marysville, Kansas. - Granted, June 8, 2022 (A/C) = Addition or Correction Delegated - 5 of 6 H.2 Actions under delegated authority June 5, 2022 to June 11, 2022 Extensions of Time Atlanta Georgia Banking Company, Inc., Atlanta, Georgia -- extension to September 19, 2022, to merge with Peoples BankTrust, Inc., and thereby indirectly acquire its subsidiary, Peoples Bank & Trust, both of Buford, Georgia. - Granted, June 10, 2022 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, June 8, 2022 (A/C) = Addition or Correction Delegated - 6 of 6 District: 1 Federal Reserve Bank of Boston Filings received during the week ending June 11, 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 June 11, 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 June 11, 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 June 11, 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 June 11, 2022 Filer Filing Type Filing Proposal End of Comment Period ATLANTIC UNION BANK PWI Atlantic Union Bank, Richmond Virginia, requests approval to make three public welfare investments totaling $16.3 million pursuant to Regulation H. Newspaper: Not applicable Federal Register: Not applicable Richard T. Spurzem, Charlottesville, Virginia, to acquire additional voting shares of Blue Ridge Bankshares, Inc., Charlottesville, Virginia, and thereby indirectly acquire Blue Ridge Bank, National Association, Martinsville, Virginia. Newspaper: Not available Federal Register: Not available BLUE RIDGE BANKSHARES, CIC INC. * 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 June 11, 2022 Filer Filing Type Filing Proposal End of Comment Period CAPSTAR BANK * Branch CapStar Bank, Nashville, Tennessee, to establish a branch located at 735 Broad Street, Suite 100, Chattanooga, Tennessee. Newspaper: 06/22/2022 Federal Register: Not applicable United Community Banks, Inc., Blairsville, Georgia, to merge with Progress Financial Corporation, and thereby directly acquire its subsidiary, Progress Bank and Trust, both of Huntsville, Alabama. Newspaper: 07/08/2022 Federal Register: 07/05/2022 UNITED COMMUNITY BANKS, INC. * 3A5 * 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 June 11, 2022 Filer Filing Type Filing Proposal End of Comment Period FIDELITY FEDERAL BANCORP * 3A1 Fidelity Federal Bancorp, Evansville, Indiana (Fidelity), and its parent companies Pedcor Financial, LLC (PFIN) and Pedcor Financial Bancorp (PFB), both of Carmel, Indiana (collectively, the Applicants), savings and loan holding companies, to become bank holding companies for a moment in time by acquiring Community Banks of Shelby County, Cowden, Illinois (Target Bank). In connection with this application, Applicants to retain ownership of United Fidelity Bank, F.S.B., Evansville, Indiana (Applicant Bank), a savings association, for the moment in time that they are bank holding companies and thereby engage in operating a savings association. Finally, Applicants to become savings and loan holding companies following the merger of Target Bank with and into Applicant Bank. Newspaper: Not available Federal Register: 06/30/2022 Notice by Andrew A. Black and Lesa A. Black, as co-Trustees of The Andrew A. Black Living Trust, dated June 21, 2019, each of Princeville, Illinois, to become part of the German Family Control Group to retain voting shares of Main Street Bancorp, Inc. and thereby indirectly retain control of Princeville State Bank, both of Princeville, Illinois. Newspaper: Not available Federal Register: 06/23/2022 S.B.C.P. Bancorp, Inc., Cross Plains, Wisconsin to merge with Monona Bancshares, Inc and thereby indirectly acquire Monona Bank, both of Monona, Wisconsin. Newspaper: Not available Federal Register: 06/27/2022 Van Buren Bancorporation, Keosauqua, Iowa proposes to acquire the nonbanking activity of real estate settlement services pursuant to section 225.28 (b)(2)(viii) of Regulation Y. Newspaper: Not applicable Federal Register: Not applicable * 4c8 * SLHC Formation MAIN STREET BANCORP, INC. CIC S.B.C.P. BANCORP, INC. * 3A5 VAN BUREN BANCORPORATION 4c8 * 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 June 11, 2022 Filer Filing Type Filing Proposal End of Comment Period CARLSON BANCSHARES, INC. CIC Notice by The William A Carlson 2007 Trust, William A. Carlson, as co-trustee, Pam Falkner, as co-trustee, Carlson Andrew Bennage, Catherine Jane Carlson Bennage, all of West Memphis, Arkansas, Michael Dustin Carlson, two minor children of Michael Dustin Carlson, Marilyn Hayes Carlson, Michael Andrew Carlson, all of Marion, Arkansas, Kirby Hayes Carlson of Proctor, Arkansas, and the William C. Carlson Living Trust, William C. Carlson, as trustee, of Hot Springs, Arkansas, as members of a family control group, to retain 25 percent or more of the shares and thereby control of Carlson Bancshares, Inc., West Memphis, Arkansas, and thereby indirectly control Fidelity Bank, West Memphis, Arkansas. Newspaper: 06/21/2022 Federal Register: 06/27/2022 FIRST NATIONAL BANK OF Member NORTH ARKANSAS First National Bank of North Arkansas, Berryville, Arkansas, to become a member of the Federal Reserve System. Newspaper: Not applicable Federal Register: Not applicable STERLING BANCSHARES, INC. CIC Notice by the James K. Maddox Irrevocable Trust, with James K. Maddox as trustee, both of Poplar Bluff, Missouri, to acquire 25 percent or more of the voting shares of Sterling Bancshares, Inc., and thereby indirectly control Sterling Bank, both of Poplar Bluff, Missouri. Newspaper: 06/27/2022 Federal Register: 06/28/2022 STERLING BANCSHARES, INC. CIC Notice by the Daniel R. Coffman Trust, with Daniel R. Coffman as trustee, both of Poplar Bluff, Missouri, to acquire 25 percent or more of the voting shares of Sterling Bancshares, Inc., and thereby indirectly control Sterling Bank, both of Poplar Bluff, Missouri. Newspaper: 06/27/2022 Federal Register: 06/28/2022 * 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 June 11, 2022 Filer Filing Type Filing Proposal End of Comment Period 215 HOLDING CO. * 3A3 215 Holding Co., Minneapolis, Minnesota to acquire Liberty Financial Services, Inc., and thereby indirectly acquire Liberty National Bank, both of Sioux City, Iowa. Newspaper: Not available Federal Register: Not available James L. Williams III, individually, and The Williams Family 2021 Irrevocable Trust Agreement, James L. Williams III, trustee, both of Casselton, North Dakota, to retain voting shares of First Financial Corporation, Arthur, North Dakota (Company), and thereby join the Williams Family Group, a group acting in concert. Company controls BankNorth, Arthur, North Dakota. Newspaper: Not available Federal Register: 05/24/2022 Frandsen Bank & Trust, Lonsdale, Minnesota, to merge with Bank of Zumbrota, Zumbrota, Minnesota, and Pine Island Bank, Pine Island, Minnesota (collectively "Target Banks"), and thereby establish branches at the locations of Target Banks' main offices and branches. Newspaper: Not available Federal Register: Not applicable 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 FIRST FINANCIAL CORPORATION CIC FRANDSEN BANK & TRUST * 18C * Branch SECURITY BANK SHARES, INC. CIC * Subject to the provisions of the Community Reinvestment Act District: 9 Federal Reserve Bank of Minneapolis Filings received during the week ending June 11, 2022 Filer Filing Type VERMILLION BANCSHARES, CIC INC. * Subject to the provisions of the Community Reinvestment Act Filing Proposal End of Comment Period Irrevocable Gifting Trust FBO James F. Poepl dated December 21, 2020, James F. Poepl as trustee, both of Hastings, Minnesota; Irrevocable Gifting Trust FBO Jacob M. Poepl dated December 21, 2020, Jacob M. Poepl as trustee, both of Hastings, Minnesota; and Irrevocable Gifting Trust FBO Matthew J. Poepl dated December 21, 2020, Matthew J. Poepl as trustee, both of West St. Paul, Minnesota; to become members of the Poepl Family Group, a group acting in concert, to retain voting shares of Vermillion Bancshares, Inc., and thereby indirectly retain voting shares of Vermillion State Bank, both of Vermillion, Minnesota. Newspaper: Not available Federal Register: 06/29/2022 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 June 11, 2022 Filer Filing Type Filing Proposal End of Comment Period CLINTON BANCSHARES, INC. CIC The Berry Leaf Sewell Revocable Trust, Berry L. Sewell and Adrienne M. Sewell, as co-trustees, all of Clinton, Oklahoma; to become members of the Sewell Family Control Group, a group acting in concert, to acquire voting shares of Clinton Bancshares, Inc., and thereby indirectly acquire voting shares of First Bank and Trust Company, both of Clinton, Oklahoma. Additionally, the Frank A. Sewell IV 1998 Irrevocable Trust, First Bank and Trust Company, as trustee; the Frank A. Sewell III 2012 Revocable Trust, Lucie K. Sewell and First Bank and Trust Company, co-trustees; the Lucie K. Sewell 2012 Revocable Trust, Lucie K. Sewell, trustee; and the Lucie K. Sewell 2012 Irrevocable Trust, Berry L. Sewell and First Bank and Trust Company, co-trustees, all of Clinton, Oklahoma; to become members of the Sewell Family Control Group, to retain voting shares of Clinton Bancshares, Inc., and thereby indirectly retain voting shares of First Bank and Trust Company. Newspaper: 06/01/2022 Federal Register: 06/06/2022 FIRST NATIONAL CORPORATION OF ARDMORE, INC. CIC Luann M. Walker Trust, Luann Walker GST Management Trust, Dale F. Walker GST Management Trust, and Luann Walker as trustee, all of Ardmore, Oklahoma; Robert Keith Walker GST Management Trust, Ardmore, Oklahoma, and Robert K. Walker, individually, and as trustee, and Christy Godwin, both of Denver, Colorado; and DFW Trust, Ardmore, Oklahoma, and Dale Walker and Mary Walker, as co-trustees, both of Norman, Oklahoma; to establish the Walker Family Group, a group acting in concert, to retain voting shares of First National Corporation of Ardmore, Inc., and thereby indirectly retain voting shares of First National Bank and Trust Company of Ardmore, both of Ardmore, Oklahoma. Newspaper: 06/24/2022 Federal Register: 06/27/2022 NATIONAL BANK HOLDINGS CORPORATION * 18C National Bank Holdings Corporation, Greenwood Village, Colorado, to merge with Bancshares of Jackson Hole, Inc., Jackson, Wyoming, and indirectly acquire Bank of Jackson Hole, Jackson, Wyoming (Wyoming Bank). Immediately thereafter, NBH Bank, Greenwood Village, Colorado, to purchase certain assets and assume certain liabilities of the branches of Wyoming Bank, and incident thereto establish twelve branches. Newspaper: Not available Federal Register: 07/08/2022 * 3A3 * 3A5 * Branch * Subject to the provisions of the Community Reinvestment Act District: 10 Federal Reserve Bank of Kansas City Filings received during the week ending June 11, 2022 Filer Filing Type Filing Proposal End of Comment Period NBH BANK * 18C NBH Bank, Greenwood Village, Colorado, to merge with Rock Canyon Bank, Provo, Utah (Provo Bank), and incident thereto, to establish seven branches. Immediately prior, National Bank Holdings Corporation, Greenwood Village, Colorado, to acquire by merger Community Bancorporation, Orem, Utah, parent of Provo Bank. Newspaper: Not available Federal Register: 07/08/2022 Old Glory Holding Company, Oklahoma City, Oklahoma, to become a bank holding company through the acquisition of Elmore City Bancshares, Inc., and thereby indirectly acquire First State Bank, both of Elmore City, Oklahoma (to be renamed Old Glory Bank). Newspaper: 07/03/2022 Federal Register: 07/08/2022 Sally Hawkins and Kyle Hawkins of Guymon, Oklahoma; Bill Pittman, Ginger Pittman, Frank Pittman, Paige Pittman Burgin, and Jerry Hart, all of Spearman, Texas; Bill Jack Pittman and Christi Pittman of Morse, Texas; and Jana Pittman Ivey of Amarillo, Texas; to join the Pittman Family Control Group, a group acting in concert, to retain voting shares of Panhandle Bancshares, Inc., and indirectly retain voting shares of Bank of the Panhandle, both of Guymon, Oklahoma. Newspaper: Not available Federal Register: 06/23/2022 * 3A3 * 3A5 * Branch OLD GLORY HOLDING COMPANY * 3A1 PANHANDLE BANCSHARES, CIC 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 Exam Method 580155 PLATTE VALLEY BK, TORRINGTON, WYOMING 03/07/2022 06/05/2022 S Int Small Bank 2465881 PLATTE VALLEY BK, SCOTTSBLUFF, NEBRASKA 03/07/2022 06/05/2022 O Int Small Bank CRA Examinations scheduled for Quarter of Institution NONE * Subject to the provisions of the Community Reinvestment Act Location Quarter District: 11 Federal Reserve Bank of Dallas Filings received during the week ending June 11, 2022 Filer Filing Type Filing Proposal End of Comment Period COMERICA BANK PWI Comerica Bank, Dallas, Texas, seeks prior approval to make a Community Development and Public Welfare Investment into Houston Business Development, Inc. Newspaper: Not applicable Federal Register: Not applicable * 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 NONE CRA Examinations scheduled for Quarter of Institution NONE * Subject to the provisions of the Community Reinvestment Act Location Quarter Exam Method District: 12 Federal Reserve Bank of San Francisco Filings received during the week ending June 11, 2022 Filer Filing Type Filing Proposal End of Comment Period EAST WEST BANK PWI East West Bank, Pasadena, California, proposes to make a public welfare investment of $18.0 million in USB LIHTC-NMTC Fund 2021-1, LLC, and an investment of $12.5 million in USB LIHTC-NMTC Fund 2020-1, LLC, for a total of $30.5 million. Newspaper: Not applicable Federal Register: Not applicable * 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
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