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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. 26
Week Ending June 25, 2022
Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2
Board Actions
June 19, 2022 to June 25, 2022
Bank Holding Companies
Bank First Corporation, Manitowoc, Wisconsin -- to merge with Denmark
Bancshares, Inc., and thereby indirectly acquire Denmark State Bank, both of
Denmark, Wisconsin.
- Approved, June 22, 2022
Personnel
Division of Board Members -- appointment of Terrence Fischer as special assistant to
the Board.
- Approved, June 15, 2022
(A/C)
Division of Information Technology -- appointment of Stephen Olden and Andrew
Krug as deputy directors.
- Announced, June 22, 2022
Regulations and Policies
Fedwire Funds Service -- notice of the Federal Reserve Banks' adoption of a new
Fedwire Funds Service message format, ISO® 20022, on March 10, 2025.
- Approved, June 21, 2022
Enforcement
Evolve Bank & Trust, West Memphis, Arkansas -- consent order of assessment of a
civil money penalty pursuant to the National Flood Insurance Act.
- Announced, June 21, 2022
Golden Pacific Bancorp, Inc., Sacramento, California -- consent order of prohibition
against Karl K. Klessig, a former institution-affiliated party.
- Announced, June 24, 2022
(A/C) = Addition or Correction
Board - Page 1 of
2
H.2
Board Actions
June 19, 2022 to June 25, 2022
Enforcement
North American Banking Company, Roseville, Minnesota -- consent order of
assessment of a civil money penalty pursuant to the National Flood Insurance Act.
- Announced, June 21, 2022
(A/C) = Addition or Correction
Board - Page 2 of
2
H.2
Actions under delegated authority
S&R Supervision and Regulation
C&CA Consumer and Community Affairs
FOMC Federal Open Market Committee
June 19, 2022 to June 25, 2022
RBOPS Reserve Bank Operations and Payment Systems
IF International Finance
MA Monetary Affairs
Bank Branches, Domestic
Richmond
United Bank, Fairfax, Virginia -- to establish a branch at 6206 Annapolis Road,
Landover Hills, Maryland.
- Approved, June 23, 2022
St. Louis
United Bank, Springdale, Arkansas -- to establish a branch at 2411 Southwest
14th Street, Bentonville, Arkansas.
- Approved, June 22, 2022
Bank Holding Companies
Boston
1854 Bancorp and East Cambridge Savings Bank, both of Cambridge, Massachusetts
-- to acquire Patriot Community Bank (Patriot), Woburn, Massachusetts, and thereby
establish a branch at the location of Patriot's main office, in a multi-step transaction.
- Approved, June 21, 2022
San Francisco
Forest Holdings LLC, Goodyear, Arizona -- to become a bank holding company by
acquiring West Valley National Bank, Goodyear, Arizona.
- Withdrawn, June 22, 2022
(A/C) = Addition or Correction
Delegated - 1 of
4
H.2
Actions under delegated authority
June 19, 2022 to June 25, 2022
Bank Holding Companies
St. Louis
Montgomery Bancorporation, Inc., Sikeston, Missouri -- to acquire Meramec Valley
Bank, Valley Park, Missouri, and for Montgomery Bank, Sikeston, Missouri, to
merge with Meramec Valley Bank and thereby retain the acquired facilities as
branches.
- Approved, June 21, 2022
Dallas
Origin Bancorp, Inc., Ruston, Louisiana -- to acquire by merger BT Holdings, Inc.,
and thereby indirectly acquire BTH Bank National Association, both of Quitman,
Texas.
- Approved, June 21, 2022
Chicago
Van Buren Bancorporation, Keosauqua, Iowa -- to acquire the nonbanking activity of
real estate settlement services pursuant to section 225.28(b)(2)(viii) of Regulation Y.
- Approved, June 22, 2022
Bank Mergers
Dallas
Origin Bank, Choudrant, Louisiana -- to merge with BTH Bank National Association,
Quitman, Texas, and thereby establish branches.
- Approved, June 21, 2022
(A/C) = Addition or Correction
Delegated - 2 of
4
H.2
Actions under delegated authority
June 19, 2022 to June 25, 2022
Change in Bank Control
Chicago
AmBank Holdings, Inc., Davenport, Iowa -- Suresh Alla, individually, and as general
partner of Thornwood Holdings LP, both of Bettendorf, Iowa; to join the Alla Family
Control Group, a group acting in concert, to acquire voting shares of AmBank
Holdings, Inc., and thereby indirectly acquire voting shares of American Bank and
Trust N.A., Davenport, Iowa.
- Permitted, June 24, 2022
San Francisco
Coeur D'Alene Bancorp, Coeur D'Alene, Idaho -- Adams Tri-Cities Enterprises, Inc.,
Kennewick, Washington, to retain voting shares of Coeur D'Alene Bancorp and
thereby indirectly retain voting shares of Bankcda, Coeur D'Alene, Idaho.
- Permitted, June 21, 2022
Extensions of Time
New York
The Adirondack Trust Company Employee Stock Ownership Trust, Saratoga Springs,
New York -- extension to October 22, 2022, to acquire additional shares of
473 Broadway Holding Corporation and The Adirondack Trust Company, both of
Saratoga Springs, New York.
- Granted, June 24, 2022
Kansas City
Chickasaw Community Bank, Oklahoma City, Oklahoma -- extension to
September 30, 2022, (1) to establish a de novo branch at 7420 West Memorial Road,
Oklahoma City, Oklahoma, and (2) to increase its investment in bank premises.
- Granted, June 21, 2022
(A/C) = Addition or Correction
Delegated - 3 of
4
H.2
Actions under delegated authority
June 19, 2022 to June 25, 2022
Extensions of Time
Kansas City
Chickasaw Community Bank, Oklahoma City, Oklahoma -- extension to
September 30, 2022, to establish a de novo branch at 7725 West Reno Avenue,
Oklahoma City, Oklahoma.
- Granted, June 21, 2022
New York
Fieldpoint Private Bank & Trust, Greenwich, Connecticut -- extension to
September 24, 2022, to establish branches at 270 West New England Avenue,
Winter Park, Florida, and 2020 Salzedo Street, Coral Gables, Florida.
- Granted, June 22, 2022
Supervision and Regulation
Director, S&R
Glacier Bancorp, Inc., Kalispell, Montana -- request to change its preference for
netting certain deferred tax liabilities under the Board's capital rule.
- Granted, June 24, 2022
(A/C) = Addition or Correction
Delegated - 4 of
4
District: 1
Federal Reserve Bank of Boston
Filings received during the week ending June 25, 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 25, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
FELIX SCHERZER,
SCHERZER CAPITAL, LLC,
AND THE SCHERZER
FAMILY TRUST
CIC
Notice of Change in Control by Mr. Felix
Scherzer, Scherzer Capital, LLC, and the
Scherzer Family Trust (the trustee of which
Tanya Scherzer as Trustee of the Scherzer
Family, all of New York, New York, to
acquire 13 percent of voting shares of, and
thereby control, Patriot National Bancorp,
Inc., Stamford, Connecticut.
Newspaper:
07/01/2022
Federal Register:
07/08/2022
* 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 June 25, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
PATRIOT FINANCIAL
PARTNERS LP
CIC
Patriot Financial Partners, IV, L.P., Patriot
Financial Partners GP IV, L.P., Patriot
Financial Partners GP IV, LLC., Patriot
Financial Partners Parallel IV L.P., Patriot
Financial Advisors, L.P., Patriot Financial
Advisors LLC and Messrs. W. Kirk
Wycoff, James J. Lynch and James F.
Deutsch, all of Radnor, PA, to acquire up to
24.9% of the voting shares of Avidbank
Holdings, Inc., and thereby control its
wholly owned subsidiary, Avidbank, both
of San Jose, CA.
Newspaper:
Not available
Federal Register:
Not available
* 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 June 25, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
FIRST FINANCIAL BANK
PWI
First Financial Bank, Cincinnati, OH,
requests prior approval to make a
$1,000,000 public welfare investment
Newspaper:
Not applicable
Federal Register:
Not applicable
First Financial Bank, Cincinnati, OH,
requests prior approval to make a
$5,000,000 public welfare investment
Newspaper:
Not applicable
Federal Register:
Not applicable
First Financial Bank, Cincinnati, OH,
requests prior approval to make a
$7,400,000 public welfare investment
Newspaper:
Not applicable
Federal Register:
Not applicable
FIRST FINANCIAL BANK
FIRST FINANCIAL BANK
PWI
PWI
* Subject to the provisions of the Community Reinvestment Act
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 25, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
BANK OF CHARLOTTE
COUNTY, THE
* Branch
The Bank of Charlotte County, Phenix,
Virginia, to establish a branch at 4767
Main Street, Drakes Branch, Virginia.
Newspaper:
07/01/2022
Federal Register:
Not applicable
BLUE RIDGE BANKSHARES, CIC
INC.
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
Burke & Herbert Financial
Services Corp.
Burke & Herbert Financial Services Corp.,
Alexandria, Virginia, to become a bank
holding company by acquiring 100% of
Burke & Herbert Bank & Trust Company,
Alexandria, Virginia.
Newspaper:
07/22/2022
Federal Register:
Not available
* 3A1
* 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 25, 2022
Filer
Filing Type
NONE
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
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 25, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
ARBOR BANCORP, INC.
CIC
Notice by the William C. Martin 2022
Grantor Retained Annuity Trust, with
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, both of Ann Arbor, Michigan.
Newspaper:
Not available
Federal Register:
Not available
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
Two Rivers Financial Group, Inc.,
Burlington, Iowa, to acquire Lee County
Bank, Fort Madison, Iowa.
Newspaper:
Not available
Federal Register:
Not available
FIDELITY FEDERAL
BANCORP
* 3A1
* 4c8
* SLHC
Formation
TWO RIVERS FINANCIAL
GROUP, INC.
* 3A3
* 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 25, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
ENCORE BANK
* Branch
Encore Bank, Little Rock, Arkansas, to
establish a branch facility to be located at
3151 Apex Drive, Suite 102A, Charlotte,
North Carolina.
Newspaper:
07/04/2022
Federal Register:
Not applicable
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:
07/04/2022
Federal Register:
06/28/2022
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:
07/04/2022
Federal Register:
06/28/2022
STERLING BANCSHARES,
INC.
CIC
STERLING BANCSHARES,
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
Exam Method
489548
FIRST ST B&TC, CARUTHERSVILLE, MISSOURI
03/14/2022
06/20/2022
S
Int Small Bank
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
District: 9
Federal Reserve Bank of Minneapolis
Filings received during the week ending June 25, 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:
07/16/2022
Federal Register:
07/18/2022
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 Alix E. Behm Revocable Living Trust,
Alix E. Behm as trustee; and the Kenneth
M. Behm Revocable Living Trust, Kenneth
M. Behm as trustee, all of Willmar,
Minnesota, to join the Behm Family
Shareholder Group, a group acting in
concert, to acquire voting shares of
Kandiyohi Bancshares, Inc., Willmar,
Minnesota, and thereby indirectly acquire
voting shares of Home State Bank,
Litchfield, Minnesota.
Newspaper:
Not available
Federal Register:
Not available
FIRST FINANCIAL
CORPORATION
CIC
FRANDSEN BANK & TRUST * 18C
* Branch
KANDIYOHI BANCSHARES, CIC
INC.
* 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 June 25, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
ANB BANK
* Branch
ANB Bank, Denver, Colorado, to establish
a branch at 7950 West Alameda Avenue,
Lakewood, Colorado.
Newspaper:
Not available
Federal Register:
Not applicable
Chickasaw Community Bank, Oklahoma
City, Oklahoma, to establish a de novo
branch at 15 W. 6th Street, Suite 2505,
Tulsa, Oklahoma, and to increase its bank
premises in the amount of $350,000.
Newspaper:
Not available
Federal Register:
Not applicable
Patrick A. Brooks, trustee of First National
Bank and Trust Employee Stock
Ownership Plan (FNBT ESOP), both of
Chickasha, Oklahoma, a member of the
Brooks Family Group, Paula K. Brooks
Revocable Trust, and Paula K. Brooks as
trustee, and Mark Smith, all of Chickasha,
Oklahoma; certain minor grandchildren of
the listed individuals, Dallas, Texas;
Murray Living Trust and Bruce Murray cotrustee, both of Wauna, Washington; Kyle
Abrahams, individually, and trustee of
FNBT ESOP, Elijah Young, and certain
minor children of the listed individuals, all
of Norman Oklahoma; and Daren Connel,
individually, and co-trustee of Tanner
Shelton Connel Irrevocable Trust, Jacob
Curtis Connel Irrevocable Trust, Michael
Porter Connel Irrevocable Trust, Kennamer
Hope Connel Irrevocable Trust, 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 First
National Bank & Trust Company, both in
Chickasha, Oklahoma.
Newspaper:
Not available
Federal Register:
Not available
Scott Smith, New York, New York, as
trustee and co-trustee, to acquire the G.
Jeffrey Records Jr. 2008 GST Exempt
Family Trust, the G. Jeffrey Records, Jr.
2003 Family Trust (GJR), the G. Jeffrey
Records, Jr. 2004 Family Trust (KRR), and
the G. Jeffrey Records, Jr. 2004 Family
Trust (MER), the George and Nancy
Records 1990 Irrevocable Trust, all of
Oklahoma City, Oklahoma, and thereby
acquire additional shares of Midland
Financial Co., parent of MidFirst Bank,
both of Oklahoma City, Oklahoma.
Newspaper:
Not available
Federal Register:
Not available
CHICKASAW COMMUNITY
BANK
* Branch
FIRST INDEPENDENT
BANCORP, INC.
CIC
MIDLAND FINANCIAL CO.
CIC
Premises
* Subject to the provisions of the Community Reinvestment Act
District: 10
Federal Reserve Bank of Kansas City
Filings received during the week ending June 25, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
MIDLAND FINANCIAL CO.
CIC
Todd Dobson, Oklahoma City, Oklahoma,
as trustee and co-trustee, to acquire the
Kathryn R. Ryan 2007 GST Exempt
Family Trust, the Ryan Family Security
Trust, the Martha E. Records 2009 GST
Exempt Family Trust, and the Martha
Records Family 1997 GST Exempt Trust,
all of Oklahoma City, Oklahoma, and
thereby acquire additional shares of
Midland Financial Co., parent of MidFirst
Bank, both of Oklahoma City, Oklahoma.
Newspaper:
Not available
Federal Register:
Not available
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
PANHANDLE BANCSHARES, CIC
INC.
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:
06/27/2022
Federal Register:
06/23/2022
SPEND LIFE WISELY
COMPANY, INC.
Gregory Corbin Massey and the Massey
Family Foundation, Inc., each of Durant,
Oklahoma; to become members of the
Massey Family Group, a group acting in
concert, to acquire voting shares of Spend
Life Wisely Company, Inc., and thereby
indirectly acquire voting shares of First
United Bank and Trust Company, both of
Durant, Oklahoma.
Newspaper:
Not available
Federal Register:
Not available
NATIONAL BANK
HOLDINGS CORPORATION
* 18C
* 3A3
* 3A5
* Branch
CIC
* 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 June 25, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
CENTRAL BANCSHARES,
INC.
CIC
Notice by Michael H. Fiuzat, Houston,
Texas, to acquire voting shares of Central
Bancshares, Inc., by becoming a trustee of
both the Carolyn J. Young 2012 Trust and
John H. Young 2020 Trust, and thereby
indirectly acquire voting shares of Central
Bank, all of Houston, Texas; and to
become a member of the Young Family
Control Group, a group acting in concert.
Newspaper:
Not available
Federal Register:
07/08/2022
FIRST ARTESIA
BANCSHARES, INC.
CIC
Retroactive Notice under the Change in
Bank Control Act filed by The Terry L.
Chandler Trust, Doug Chandler, as trustee,
both of Carlsbad, New Mexico
("Notificant"), to retain 10 percent or more
of controlling voting shares of First Artesia
Bancshares, Inc. ("Company") and
indirectly First American Bank ("Bank"),
both of Artesia, New Mexico.
Newspaper:
Not available
Federal Register:
07/08/2022
FROST BANK
* Branch
Frost Bank, San Antonio, TX to establish a
branch located at 3100 Independence
Parkway, Plano, Texas 75075
Newspaper:
06/25/2022
Federal Register:
Not applicable
Frost Bank, San Antonio, Texas to establish
a branch at 3128 Forest Lane, Dallas,
Texas 75234
Newspaper:
06/25/2022
Federal Register:
Not applicable
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,
and 14 trusts fbo minor children, and
Jefferson Bank, as Trustee for all of the
forementioned trusts, all of San Antonio,
Texas, intend to apply to the Federal
Reserve Board for permission to join, and
act in concert with, the McSween Family
Control Group, which was previously
approved on June 11, 2021 under the
Change in Bank Control Act to retain
control of 25 percent or more of the
outstanding shares of voting common stock
of and thereby control Jefferson
Bancshares, Inc., San Antonio, Texas,
which controls Jefferson Bank, San
Antonio, Texas.
Newspaper:
Not available
Federal Register:
Not available
Origin Bank, Choudrant, Louisiana, to
establish a branch at 126 East Colorado
Boulevard, Dallas, Texas 75203.
Newspaper:
Not available
Federal Register:
Not applicable
FROST BANK
* Branch
JEFFERSON BANCSHARES,
INC.
CIC
ORIGIN BANK
* 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
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 25, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
SILICON VALLEY BANK
PWI
Silicon Valley Bank, Santa Clara,
California, proposes to make a public
welfare investment of $35 million in
California Equity Fund 2022 LP.
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
@FedFRASER