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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. 38
Week Ending September 17, 2022
Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2
Board Actions
September 11, 2022 to September 17, 2022
Bank Mergers
CBTX, Inc., Beaumont, Texas -- to merge with Allegiance Bancshares, Inc., and
thereby acquire Allegiance Bank, both of Houston, Texas.
- Approved, September 13, 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
September 11, 2022 to September 17, 2022
RBOPS Reserve Bank Operations and Payment Systems
IF International Finance
MA Monetary Affairs
Bank Branches, Domestic
Dallas
Third Coast Bank, SSB, Humble, Texas -- to establish a branch at 1910 West Lake
Houston Parkway, Kingwood, Texas.
- Approved, September 12, 2022
Philadelphia
Univest Bank and Trust Co., Souderton, Pennsylvania -- to establish a branch at 1501
Ardmore Boulevard, Pittsburgh, Pennsylvania.
- Approved, September 16, 2022
Bank Holding Companies
Minneapolis
Bank Forward Employee Stock Ownership Plan and Trust, Fargo, North Dakota -to acquire voting shares of Security State Bank Holding Company and thereby
indirectly acquire voting shares of Bank Forward, both of Fargo, North Dakota.
- Approved, September 12, 2022
Atlanta
CB&T Holding Corporation, New Orleans, Louisiana -- relief from certain
commitments.
- Granted, September 8, 2022
(A/C)
(A/C) = Addition or Correction
Delegated - 1 of
5
H.2
Actions under delegated authority
September 11, 2022 to September 17, 2022
Bank Holding Companies
Kansas City
First Southwest Bancorporation, Inc., Alamosa, Colorado -- to engage in data
processing activities through its subsidiary, HelloBello Financial, Inc., Durango,
Colorado.
- Approved, September 16, 2022
San Francisco
Infinity Bancorp, Santa Ana, California -- to become a bank holding company by
acquiring Infinity Bank, San Diego, California.
- Approved, September 16, 2022
Kansas City
National Bank Holdings Corporation, Greenwood Village, Colorado -- to merge with
Bancshares of Jackson Hole, Inc., Jackson, Wyoming, and thereby indirectly acquire
Bank of Jackson Hole, Jackson, Wyoming (Wyoming Bank), and for NBH Bank,
Greenwood Village, Colorado, to purchase certain assets and assume certain
liabilities of the branches of Wyoming Bank, and thereby establish twelve branches.
- Approved, September 15, 2022
Change in Bank Control
Philadelphia
Avidbank Holdings, Inc., San Jose, California -- 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, W. Kirk Wycoff, James J. Lynch, and James F. Deutsch, all of
Radnor, Pennsylvania; to acquire voting shares of Avidbank Holdings, Inc., and
thereby indirectly acquire voting shares of Avidbank, San Jose, California.
- Permitted, September 16, 2022
(A/C) = Addition or Correction
Delegated - 2 of
5
H.2
Actions under delegated authority
September 11, 2022 to September 17, 2022
Change in Bank Control
Chicago
Britt Bancshares, Inc., St. Paul, Minnesota -- the Timothy A. Sexton Revocable 2021
Trust, Timothy A. Sexton as trustee, both of Randalia, Iowa; the Thomas J. Sexton
Trust, Thomas J. Sexton as trustee, the Mark J. Sexton Grantor Trust, Mark J. Sexton
as trustee, the Jennifer S. Walther Grantor Trust, Jennifer S. Walther as trustee, all of
St. Paul, Minnesota; and the Andrew G. Sexton Grantor Trust, St. Paul, Minnesota,
Andrew G. Sexton as trustee, Cedar Falls, Iowa; to become members of the Sexton
Family Control Group, a group acting in concert, to retain voting shares of Britt
Bancshares, Inc., and thereby indirectly retain voting shares of First State Bank, Britt,
Iowa.
- Permitted, September 13, 2022
Minneapolis
Frandsen Financial Corporation Arden Hills, Minnesota -- the Robert D. Frandsen
Revocable Trust U/A dated November 18, 2021, Robert D. Frandsen, as trustee, and
the Rennaye M. Frandsen Revocable Trust U/A dated November 18, 2021, Rennaye
M. Frandsen, as trustee, all of Rush City, Minnesota; to become members of the
Frandsen Family Control Group, a group acting in concert, to retain voting shares of
Frandsen Financial Corporation, and thereby indirectly retain voting shares of
Frandsen Bank & Trust, Lonsdale, Minnesota; Bank of Zumbrota, Zumbrota,
Minnesota; and Pine Island Bank, Pine Island, Minnesota (the Banks). Additionally,
Amy Knox, Palm Desert, California; Alexander Knox, White Bear Lake, Minnesota;
Luca Bonvicini, White Bear Lake, Minnesota; Elena Bonvicini, Laguna Beach,
California; Brittany Frandsen, Minneapolis, Minnesota; Johnay Frandsen,
Minneapolis, Minnesota; and Frandsen Family Foundation, North Branch,
Minnesota, Dennis Frandsen, as trustee, Rush City, Minnesota; to become members
of the Frandsen Family Control Group, a group acting in concert, to acquire voting
shares of Frandsen Financial Corporation, and thereby indirectly acquire voting
shares of the Banks.
- Permitted, September 14, 2022
(A/C) = Addition or Correction
Delegated - 3 of
5
H.2
Actions under delegated authority
September 11, 2022 to September 17, 2022
Change in Bank Control
St. Louis
Mid-MO Bancshares, Inc., Auxvasse, Missouri -- the Kurt A. Schubert Heritage Trust
dated February 7, 2022, and Kurt A. Schubert, as trustee, both of Jefferson City,
Missouri, to acquire voting shares of Mid-MO Bancshares, Inc., and thereby
indirectly acquire voting shares of United Security Bank, Fulton, Missouri.
- Permitted, September 14, 2022
Extensions of Time
Kansas City
Blue Sky Bank, Pawhuska, Oklahoma -- extension to December 16, 2022, to
purchase certain assets and assume certain liabilities of a branch of Security State
Bank of Oklahoma, Wewoka, Oklahoma, located at 308 North Main Street, Fairfax,
Oklahoma, and thereby establish a branch.
- Granted, September 13, 2022
Cleveland
F.N.B. Corporation, Pittsburgh, Pennsylvania -- extension to December 18, 2022,
to acquire UB Bancorp and thereby indirectly acquire Union Bank, both of
Greenville, North Carolina.
- Granted, September 13, 2022
St. Louis
Farmers Bank & Trust Company, Magnolia, Arkansas -- extension to March 15,
2023, to establish a branch at 3000 Lamar Avenue, Paris, Texas.
- Granted, September 15, 2022
(A/C) = Addition or Correction
Delegated - 4 of
5
H.2
Actions under delegated authority
September 11, 2022 to September 17, 2022
Extensions of Time
St. Louis
Montgomery Bancorporation, Inc., Sikeston, Missouri -- extension to December 21,
2022, to merge with Meramec Valley Bank, Valley Park, Missouri, and thereby
establish two branches.
- Granted, September 15, 2022
St. Louis
Simmons Bank, Pine Bluff, Arkansas -- extension to December 31, 2022, to establish
a branch at 1305 Robin Road, White Hall, Arkansas.
- Granted, September 15, 2022
New York
TBB Investments LLC, and TBB Intermediate LLC, both of New York, New York -extension to December 15, 2022, to become bank holding companies by acquiring
voting shares of Berkshire Bancorp, Inc., and thereby indirectly acquire The
Berkshire Bank, both of New York, New York, and for TBB Intermediate LLC to
merge with and into Berkshire Bancorp, Inc.
- Granted, September 13, 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, September 12, 2022
(A/C) = Addition or Correction
Delegated - 5 of
5
District: 1
Federal Reserve Bank of Boston
Filings received during the week ending September 17, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
FIRST SEACOAST
BANCORP, MHC
* MHC
Conversion
First Seacoast Bancorp, MHC, Dover New
Hampshire, to convert from mutual to
stock form. As part of the conversion,
First Seacoast Bancorp, MHC, and First
Seacoast Bancorp, Inc., also of Dover,
New Hampshire, an existing mid-tier
savings and loan holding company, will
cease to exist and First Seacoast Bank,
Dover New Hampshire, will become a
wholly-owned subsidiary of a newlyformed Maryland corporation to be known
as First Seacoast Bancorp, Inc., Dover,
New Hampshire, which has applied to
become a savings and loan holding
company, pursuant to section 10(e) of the
HOLA and regulation 12 CFR sections
239.55 and 238.11, by acquiring First
Seacoast Bank.
Newspaper:
Not available
Federal Register:
Not available
Needham Bank, Needham, Massachusetts,
to increase its investment in bank premises
in the amount of $3 million.
Newspaper:
Not applicable
Federal Register:
Not applicable
* MHC Formation
NEEDHAM BANK
Premises
* Subject to the provisions of the Community Reinvestment Act
District: 1
Federal Reserve Bank of Boston
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 2
Federal Reserve Bank of New York
Filings received during the week ending September 17, 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 September 17, 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 September 17, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
FIRST MUTUAL HOLDING
CO.
SLHC Activity
First Mutual Holding Company,
Lakewood, Ohio, to form a nonbank
subsidiary, AlloBaaS, LLC, to provide
information technology services to its
subsidiary savings banks, First Federal
Savings and Loan Association of
Lakewood (Lakewood, Ohio), First Mutual
Bank, FSB (Belpre, Ohio), Blue Grass
Federal Savings and Loan Association
(Paris, Kentucky), Warsaw Federal
Savings and Loan Association (Cincinnati,
Ohio), and Martinsville First Savings Bank
(Martinsville, Virginia), and make
information technology investments,
pursuant to section 238.53 of Regulation
LL.
Newspaper:
Not applicable
Federal Register:
10/21/2022
ST HENRY BANCORP INC,
THE
CIC
Interagency Notices of Change in Bank
Control filed by The John Romer Trust B,
David J. Romer, Trustee, St. Henry, Ohio;
and David J. Romer, individually, St.
Henry, Ohio; for permission to join the
previously approved Romer Family
Control Group and/or retain 10 percent or
more of the shares and thereby control
Saint Henry Bancorp, Inc., Saint Henry,
Ohio.
Newspaper:
10/03/2022
Federal Register:
10/05/2022
* 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 September 17, 2022
Filer
Filing Type
NONE
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
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 September 17, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
CAPITAL CITY BANK
* Branch
Capital City Bank, Tallahassee, Florida, to
establish a branch located at 11275 US
Highway 98 East Inlet Beach, Florida.
Newspaper:
Not available
Federal Register:
Not applicable
Capital City Bank, Tallahassee, Florida, to
establish a branch located at 237 Roswell
St. Marietta, Georgia.
Newspaper:
Not available
Federal Register:
Not applicable
Patrick Charles Cooper, Miami, Florida, to
retain voting shares of CNB Bancorp, Inc.,
Mobile, Alabama, and thereby indirectly
retain voting shares of Commonwealth
National Bank, Mobile, Alabama.
Newspaper:
09/30/2022
Federal Register:
08/29/2022
Donald M. Thigpen, a member of the
Thigpen Family Group, Vidalia, Georgia;
to retain voting shares of Heart of Georgia
Bancshares, Inc., Vidalia, Georgia, and
thereby indirectly retain voting shares of
Mount Vernon Bank, Mount Vernon,
Georgia and Bank of Lumber City, Lumber
City, Georgia. In addition, D. Alan
Thigpen and Thomas Conner Thigpen,
both of Vidalia, Georgia, to join the
Thigpen Family Group, a group acting in
concert, to retain voting shares of Heart of
Georgia Bancshares, Inc., and thereby
indirectly retain voting shares of Mount
Vernon Bank and Bank of Lumber City.
Newspaper:
10/05/2022
Federal Register:
09/16/2022
SmartBank, Pigeon Forge, Tennessee, to
establish a branch located at 170 East Main
Street, Dothan, Alabama.
Newspaper:
09/16/2022
Federal Register:
Not applicable
CAPITAL CITY BANK
CNB BANCORP, INC.
* Branch
CIC
HEART OF GEORGIA
BANCSHARES, INC.
CIC
SMARTBANK
* Branch
* Subject to the provisions of the Community Reinvestment Act
District: 6
Federal Reserve Bank of Atlanta
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 7
Federal Reserve Bank of Chicago
Filings received during the week ending September 17, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
ALLY BANK
PWI
Ally Bank, Sandy, Utah, for prior approval
to make up to a $20 million public welfare
investment in Enterprise Housing Partners
XXXIX Limited Partnership, pursuant to
section 208.22(b) of Regulation H.
Newspaper:
Not applicable
Federal Register:
Not applicable
The Debra Wrobel Trust, Glencoe, Illinois,
Debra Wrobel, Glencoe, Illinois,
individually and as Trustee to acquire
voting shares of Amalgamated Investments
Company, Chicago, Illinois, and thereby
indirectly acquire voting shares of
Amalgamated Bank Chicago, Chicago,
Illinois, and The Voting Trust Agreement,
Chicago, Illinois, Robert Wrobel, Highland
Park, Illinois as Trustee; to become a
member of the Wrobel Family Group, as a
group acting in concert, to acquire voting
shares of Amalgamated Investments
Company, Chicago, Illinois, and thereby
indirectly acquire voting shares of
Amalgamated Bank Chicago, Chicago,
Illinois.
Newspaper:
Not available
Federal Register:
Not available
Justin B. Danover, San Jose, California;
Jeremy A. Danover, Los Angeles,
California; Jacquelyn N. Danover, Marion,
Iowa; Catheryn J. Cooper, Marion, Iowa;
Cole D. Cooper, Denver, Colorado; Carli
L. Cooper, Marion, Iowa; Anne E.
Gothard, Scottsdale, Arizona; Hallie S.
Cooper, Cedar Rapids, Iowa; Bennett C.
Cooper, Cedar Rapids, Iowa; Riley J.
Cooper, Batavia, Illinois; Tyler N. Cooper,
Batavia, Illinois; and a minor shareholder,
to join the Cooper Family Control Group, a
group acting in concert, to retain voting
shares of Delhi Bancshares, Inc., and
thereby indirectly retain voting shares of
Heritage Bank, both of Marion, Iowa.
Newspaper:
Not available
Federal Register:
10/05/2022
John C. Cunat, individually and as trustee
of the John C. Cunat Revocable Trust; and
Brian G. Cunat, all of McHenry, Illinois;
and Rondi Cunat-Hauser and Bryan
Hauser, both of Marco Island, Florida, to
form the Cunat Family Control Group, a
group acting in concert, to retain voting
shares of Marengo Bancshares, Inc., and
thereby indirectly retain voting shares of
Prairie Community Bank, both of
Marengo, Illinois.
Newspaper:
09/30/2022
Federal Register:
09/26/2022
AMALGAMATED
INVESTMENTS COMPANY
CIC
DELHI BANCSHARES, INC.
CIC
MARENGO BANCSHARES,
INC.
CIC
* Subject to the provisions of the Community Reinvestment Act
District: 7
Federal Reserve Bank of Chicago
Filings received during the week ending September 17, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
NATIONAL BANCORP
HOLDINGS, INC.
CIC
Bernard Bennett Banks, Evanston, Illinois,
trustee of Voting Trust Agreement, Miami,
Florida to acquire control of the voting
shares of National Bancorp Holdings, Inc.,
Chicago, Illinois and thereby indirectly
acquire voting shares of The Federal
Savings Bank, Chicago, Illinois.
Newspaper:
Not available
Federal Register:
09/29/2022
VISIONBANK OF IOWA
* 18C
VisionBank of Iowa, Ames, Iowa, to merge
with Legacy Bank, Altoona, Iowa. As a
result of the merger, VisionBank of Iowa,
Ames, Iowa, will establish branches at: 502
8th Street SW. Altoona, Iowa; 1201 Grant
Street S, Bondurant, Iowa; 12901
University Avenue, Clive, Iowa; and 215
Center Avenue S, Mitchellville, Iowa.
Newspaper:
Not available
Federal Register:
Not applicable
* Branch
* 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
Exam Method
113740
FIRST ST BK, EASTPOINTE, MICHIGAN
03/14/2022
09/12/2022
S
Int Small Bank
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
District: 8
Federal Reserve Bank of St. Louis
Filings received during the week ending September 17, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
FIRST WATERLOO
BANCSHARES, INC.
* 3A5
First Waterloo Bancshares, Inc., Waterloo,
Illinois, to merge with Village Bancshares,
Inc., Saint Libory, Illinois, and thereby
indirectly acquire The Village Bank, Saint
Libory, Illinois.
Newspaper:
10/15/2022
Federal Register:
10/19/2022
INDEPENDENCE BANK OF
KENTUCKY
* Branch
Independence Bank of Kentucky,
Owensboro, Kentucky, to establish a
branch facility to be located at 115 Sam
Walton Drive, Suite 1 & 2, Russellville,
Kentucky.
Newspaper:
09/17/2022
Federal Register:
Not applicable
* 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 September 17, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
DACOTAH BANK
* Branch
Dacotah Bank, Aberdeen, South Dakota, to
establish a branch at 2112 North 12th
Street, Bismarck, North Dakota.
Newspaper:
09/15/2022
Federal Register:
Not applicable
Highland Bancshares, Inc., Saint Michael,
Minnesota, to acquire Boundary Waters
Bank, Ely, Minnesota.
Newspaper:
10/08/2022
Federal Register:
Not available
HIGHLAND BANCSHARES,
INC.
* 3A3
* 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
Exam Method
160650
CHARTER BK, EAU CLAIRE, WISCONSIN
04/11/2022
09/12/2022
S
Int Small Bank
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
District: 10
Federal Reserve Bank of Kansas City
Filings received during the week ending September 17, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
ALLBANK HOLDING
COMPANY, INC.
* 3A1
AllBank Holding Company, Inc., Tulsa,
Oklahoma, to become a bank holding
company through the acquisition of Bank
of Locust Grove, Locust Grove, Oklahoma.
Newspaper:
Not available
Federal Register:
09/01/2022
* 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 September 17, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
CENTRAL LOUISIANA
CAPITAL CORPORATION
CIC
Notice under the Change in Bank Control
Act (Notice) filed by Brian D. Campbell,
Donna Miramon Campbell, Brian Douglas
Campbell, Jr., the Brian D. Campbell
Family Trust, Brian D. Campbell, as
Trustee, BDC 2021 Family Trust No. 1,
Brian Douglas Campbell, Jr., and Donna
Miramon Campbell, as co-Trustees, Anna
Kathryne Kronenberger, all of Baton
Rouge, Louisiana; Catherine Campbell
Niemi, Covington, Louisiana; Judith L.
Campbell, St Francilsville, Louisiana;
Christen Campbell Siegel, Stephen Siegel,
Elizabeth Gentry Brann, all of Houston,
Texas; Sarah Lauren Campbell Hughey,
Judith Campbell Jones, both of Vestavia,
Alabama; Richard A. Campbell III,
Pelham, Alabama; Dale C. Fairbanks, Dale
C. Fairbanks Family Trust, Dale C.
Fairbanks, as Trustee, both of Anacortes,
Washington; Alma Dale Campbell Brown,
New York, New York; Helene Meredith
St. Clair, Hood River, Oregon; William
Gilmore Fairbanks, Pensacola, Florida; and
Brian D. Campbell, as co-Trustee of the
Central Louisiana Capital Corporation
ESOP, Vidalia, Louisiana; collectively (the
Notificants or Campbell/Campbell
Jr.,/Fairbanks Control Group), to retain 25
percent or more of the shares of Central
Louisiana Capital Corporation (Company),
and indirectly Delta Bank (Bank), both of
Vidalia, Louisiana.
Newspaper:
Not available
Federal Register:
Not available
CENTRAL TEXAS
BANKSHARE HOLDINGS,
INC.
CIC
Preston L. Massey, as co-trustee of the
Elizabeth Shatto Massey Separate Property
Trust ("ESM Trust"); as trustee of the John
H. Massey, II 2011 Trust; and as trustee of
a 2012 trust for the benefit of John H.
Massey, II and 2 minors; all of Dallas,
Texas; and John H. Massey, II, as cotrustee of the ESM Trust; as trustee of the
Preston L. Massey 2011 Trust; and as
trustee of a 2012 trust for the benefit of
Preston L. Massey and 2 minors; all of
Houston, Texas; together as a group acting
in concert, to retain voting shares of
Central Texas Bankshare Holdings, Inc.,
Columbus, Texas and Colorado County
Investment Holdings, Inc., Wilmington,
Delaware, and thereby indirectly,
Columbus State Bank, Columbus, Texas;
and Hill Bancshare Holdings, Inc.,
Weimar, Texas, and Hill Bancshares of
Delaware, Inc., Wilmington, Delaware,
and thereby indirectly, Hill Bank & Trust
Co., Weimar, Texas.
Newspaper:
Not available
Federal Register:
09/08/2022
* Subject to the provisions of the Community Reinvestment Act
District: 11
Federal Reserve Bank of Dallas
Filings received during the week ending September 17, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
FROST BANK
* Branch
Frost Bank, San Antonio, Texas, to
establish a branch at 2831 Palmer Hwy,
Texas City, Galveston County, Texas
77590
Newspaper:
09/22/2022
Federal Register:
Not applicable
HOMELAND BANCSHARES, * SLHC
INC.
Acquisition
Homeland Bancshares, Inc., Columbia,
Louisiana, to acquire Beauregard
Bancshares, Inc., and thereby indirectly
acquire Beauregard Federal Savings Bank,
both of DeRidder, Louisiana.
Newspaper:
10/14/2022
Federal Register:
Not available
NEWFIRST FINANCIAL
GROUP, INC.
CIC
Lynn Ann Stovall, Louise, Texas; Eric
Martin Stovall, Marathon, Texas; Megan
Lynn Stovall, El Campo, Texas; and Guy
F. Stovall, IV, Louise, Texas; along with
trusts: The Lynn Ann Stovall and Guy F.
Stovall, III Family Trust, Louise, Texas
(trustees Lynn Ann Stovall, Megan Lynn
Stovall, and Guy F. Stovall, IV); The Linda
Joy Stovall Family Trust, Louise, Texas
(trustees Guy F. Stovall, III, El Campo,
Texas, Guy F. Stovall, IV, and Eric Martin
Stovall); The Guy F. Stovall, Jr. and Kay
Stovall Trust, Louise, Texas (trustees Guy
F. Stovall, III, Guy F. Stovall, IV, and Eric
Martin Stovall); The Mark Stovall
Reifslager Irrevocable Trust, Louise, Texas
(trustees Megan Lynn Stovall, and Guy F.
Stovall, IV); The David Wesley Stovall
Irrevocable Trust, Louise, Texas (trustees
Guy F. Stovall, III and Guy F. Stovall, IV);
The Eric Martin Stovall Irrevocable Trust,
Louise, Texas (trustees Guy F. Stovall, III,
and Guy F. Stovall, IV); The Megan Lynn
Stovall Trust No. 1, El Campo, Texas
(trustee Megan Lynn Stovall); The Guy F.
Stovall, IV Trust No. 1, El Campo, Texas
(trustee Megan Lynn Stovall); and The
Guy F. Stovall, III and Lynn Ann Stovall
Family Trust, Louise, Texas (trustee Guy
F. Stovall, III); to join the Stovall Control
Group, a group acting in concert, to retain
shares of NewFirst Financial Group, Inc.,
and indirectly, NewFirst National Bank,
both of El Campo, Texas.
Newspaper:
Not available
Federal Register:
Not available
TEXAS REGIONAL BANK
* Branch
Texas Regional Bank, Harlingen, Texas, to
establish a branch office at 1001 Congress
Avenue, Suite 150, Austin, Texas 78701.
Newspaper:
09/19/2022
Federal Register:
Not applicable
Vavane, Inc., San Antonio, Texas, to
become a bank holding company, by
acquiring 100 percent of San Diego
Bancshares, Inc., and thereby indirectly
acquire First State Bank of San Diego, both
of San Diego, Texas.
Newspaper:
Not available
Federal Register:
Not available
Vavane, Inc.
* 3A1
* 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 September 17, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
BANCPACIFIC FINANCIAL
HOLDING CORPORATION
* 3A1
BancPacific Financial Holding
Corporation, Hagatna, Guam, and Our
Lady of Peace Memorial Plan, Inc.- Trust
Fund, Barrigada, Guam; to become bank
holding companies by acquiring 100
percent of BankPacific, Ltd., Hagatna,
Guam, upon the conversion of the bank
from a savings association to a commercial
bank.
Newspaper:
Not available
Federal Register:
Not available
BANK OF HAWAII
PWI
Bank of Hawaii, Honolulu, Hawaii,
proposes to make three public welfare
investments as follows: a maximum of
$11.0 million in Enterprise Pacific Housing
Fund I, LLLP, an additional maximum of
$22.0 million in CREA Corporate Tax
Credit Fund 50, LLC, and a maximum of
$6.5 million in HHF Equity Fund 19, LLC.
Newspaper:
Not applicable
Federal Register:
Not applicable
Pacific West Bancorp to become a bank
holding company by acquiring 100 percent
of the common stock of Pacific West Bank,
both of West Linn, Oregon.
Newspaper:
Not applicable
Federal Register:
Not applicable
Pacific West Bancorp
3A1
* 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