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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. 36
Week Ending September 3, 2022
Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2
Board Actions
August 28, 2022 to September 3, 2022
Forms
Forms -- final Board review to extend with revision the Financial Statements for
Holding Companies (FR Y-9 reports).
- Approved, September 1, 2022
Enforcement
HSBC Holdings plc, London, United Kingdom -- cease-and-desist order dated
December 11, 2012, terminated August 26, 2022.
- Announced, September 1, 2022
(A/C) = Addition or Correction
Board - Page 1 of
1
H.2
Actions under delegated authority
S&R Supervision and Regulation
C&CA Consumer and Community Affairs
FOMC Federal Open Market Committee
August 28, 2022 to September 3, 2022
RBOPS Reserve Bank Operations and Payment Systems
IF International Finance
MA Monetary Affairs
Bank Branches, Domestic
Dallas
American State Bank, Arp, Texas -- to establish a branch at 500 Dallas Street,
Plainview, Texas.
- Approved, September 1, 2022
St. Louis
Arvest Bank, Fayetteville, Arkansas -- to establish a branch at 535 West Walnut
Street, Springfield, Missouri.
- Approved, August 29, 2022
Richmond
Bank of the James, Lynchburg, Virginia -- to establish a branch at 4105 Boonsboro
Road, Lynchburg, Virginia.
- Approved, September 1, 2022
Boston
BankNewport, Newport, Rhode Island -- to establish a branch at 1 Wake Robin Road,
Lincoln, Rhode Island.
- Approved, August 31, 2022
Atlanta
SmartBank, Pigeon Forge, Tennessee -- to establish a branch at 101 Office Park
Drive, Birmingham, Alabama.
- Approved, September 2, 2022
(A/C) = Addition or Correction
Delegated - 1 of
4
H.2
Actions under delegated authority
August 28, 2022 to September 3, 2022
Bank Branches, Domestic
Boston
South Shore Bank, South Weymouth, Massachusetts -- to establish a branch at
283 Columbia Road, Hanover, Massachusetts.
- Approved, September 1, 2022
Dallas
Third Coast Bank, SSB, Humble, Texas -- to establish a branch at 1508 West 5th
Street, Austin, Texas.
- Approved, September 1, 2022
Banks, State Member
Secretary
Silicon Valley Bank, Santa Clara, California -- to make certain public welfare
investments (five requests).
- Approved, September 2, 2022
Change in Bank Control
Chicago
Bosshard Financial Group, Inc., La Crosse, Wisconsin -- ATPB Exempt Bank Trust,
LaCrosse, Wisconsin, and ATPB Non-Exempt Bank Trust, La Crosse, Wisconsin,
Andrew R. Bosshard, La Crosse, Wisconsin, co-trustee, Ashley B. Sawyer,
Washington, D.C., co-trustee, Alexandra Tana Pizitz Bosshard, Washington, D.C.,
investment advisor and with power to appoint or remove trustees, and Elizabeth
Bosshard-Blackey, Edina, Minnesota, trust protector and with power to appoint or
remove trustees, to become members of the Bosshard Family Control Group, a group
acting in concert, to acquire voting shares of Bosshard Financial Group, Inc., and
thereby indirectly acquire voting shares of One Community Bank, Oregon,
Wisconsin, and Farmers State Bank-Hillsboro, Hillsboro, Wisconsin.
- Permitted, September 1, 2022
(A/C) = Addition or Correction
Delegated - 2 of
4
H.2
Actions under delegated authority
August 28, 2022 to September 3, 2022
Change in Bank Control
Atlanta
FNBMD Bancshares, Inc., Mount Dora, Florida -- the George J. White Revocable
Trust, and Robert D. White, as trustee, Mount Dora, Florida; the Marilyn M. White
Revocable Trust, and Marilyn M. White, as trustee, Mount Dora, Florida; Robert D.
White, Mount Dora, Florida; Amy D. White, Mount Dora, Florida; George J. White
III, Decatur, Georgia; Anna C. White, Asheville, North Carolina; and Amelia M.
White, Athens, Georgia; acting in concert to retain voting shares of FNBMD
Bancshares, Inc., and thereby indirectly retain voting shares of The First National
Bank of Mount Dora, Mount Dora, Florida.
- Permitted, August 29, 2022
Extensions of Time
Kansas City
Bern Bancshares, Inc., Bern, Kansas -- extension to December 8, 2022, to acquire
voting shares of UBT Bancshares, Inc., and thereby indirectly acquire United Bank &
Trust, both of Marysville, Kansas.
- Granted, September 2, 2022
Financial Holding Companies
Chicago
First Internet Bancorp, Fishers, Indiana -- election to become a financial holding
company.
- Effective, September 1, 2022
Membership
Dallas
Charles Schwab Trust Bank, Henderson, Nevada (to relocate to Westlake, Texas) -- to
become a member of the Federal Reserve System.
- Approved, August 29, 2022
(A/C) = Addition or Correction
Delegated - 3 of
4
H.2
Actions under delegated authority
August 28, 2022 to September 3, 2022
Membership
Atlanta
Our Community Bank, Hialeah, Florida -- to become a member of the Federal
Reserve System.
- Withdrawn, September 1, 2022
(A/C) = Addition or Correction
Delegated - 4 of
4
District: 1
Federal Reserve Bank of Boston
Filings received during the week ending September 3, 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 September 3, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
BESSEMER GROUP,
INCORPORATED, THE
CIC
Elizabeth Guest Stevens, Washington,
District of Columbia, as trustee of Trust u/a
2nd(3) u/w of Hubert B. Phipps for Hubert
G. Phipps, Woodbridge, New Jersey; Trust
u/a 2nd(4)(a) u/w Hubert B. Phipps for
Hubert G. Phipps, Woodbridge, New
Jersey; Trust u/a 2nd(3) u/w Hubert B.
Phipps for Melissa Phipps, Woodbridge,
New Jersey; Trust u/a 2nd(4)(a) u/w
Hubert B. Phipps for Melissa Phipps,
Woodbridge, New Jersey; Frederick E.
Guest II Trust dated 12/10/2014,
Wilmington, Delaware; Trust f/b/o
Alexander M. D. Guest u/Art. 7(B)(5) u/w
Winston F. C. Guest, Deceased, New
York, New York; Trust f/b/o Cornelia C.
Guest u/Art. 7(B)(5) u/w Winston F. C.
Guest, Deceased, New York, New York;
Trust f/b/o Winston Guest, Jr. u/Art. 7(B)
(5) u/w Winston F. C. Guest, Deceased,
New York, New York; and Elizabeth Guest
Stevens Revocable Trust dated June 21,
2011, Woodbridge, New Jersey
(collectively, the "EGS Trusts"), the EGS
Trusts, together with Achille Murat Guest,
Richmond, Virginia, as trustee of the
Achille Murat Guest Revocable Trust (the
"AMG Trust"), the AMG Trust, Richmond,
Virginia, Virginia Guest Valentine, Palm
Beach, Florida, and Laetitia A. Guest
Oppenheim, Palm Beach, Florida, to
acquire voting shares of The Bessemer
Group, Inc., Woodbridge, New Jersey, and
thereby indirectly acquire voting shares of
Bessemer Trust Company, N.A., New
York, New York, and Bessemer Trust
Company, Woodbridge, New Jersey.
Newspaper:
09/04/2022
Federal Register:
09/08/2022
* 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 September 3, 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 3, 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 September 3, 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
Exam Method
417626
PUTNAM CTY BK, HURRICANE, WEST VIRGINIA
04/25/2022
08/29/2022
S
Int Small Bank
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
District: 6
Federal Reserve Bank of Atlanta
Filings received during the week ending September 3, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
BANCO DAVIVIENDA S.A.
4c8
Banco Davivienda S.A., Bogota,
Colombia, to engage denovo in financial
and investment advisory activities through
its proposed new wholly-owned subsidiary,
Davivienda Investment Advisors USA,
LLC, Miami, Florida, pursuant to section
225.28(b)(6) of the Board's Regulation Y.
Newspaper:
Not applicable
Federal Register:
Not available
Patrick Charles Cooper, Miami, Florida, to
retain voting shares of CNB Bancorp, Inc.,
Mobile, Alabama, and thereby indirectly
retain voting shares of Commonwealth
National Bank, Mobile, Alabama.
Newspaper:
Not available
Federal Register:
08/29/2022
GDW Bankshares, Inc., Sandersville,
Georgia, to become a bank holding
company by acquiring outstanding shares
of The Geo. D. Warthen Bank,
Sandersville, Georgia.
Newspaper:
Not available
Federal Register:
Not available
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:
09/14/2022
Federal Register:
09/16/2022
SmartBank, Pigeon Forge, Tennessee, to
establish a branch located at 170 East Main
Street, Dothan, Alabama.
Newspaper:
Not available
Federal Register:
Not applicable
CNB BANCORP, INC.
GDW BANKSHARES, INC.
CIC
* 3A1
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 3, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
BANCORP OF NEW GLARUS, * 3A3
INC.
Bancorp of New Glarus, Inc., New Glarus,
Wisconsin, to acquire First National Bank
at Darlington, Darlington, Wisconsin.
Newspaper:
09/17/2022
Federal Register:
09/29/2022
FIRST IOWA STATE BANK
First Iowa State Bank, Albia, Iowa to
merge with First Iowa State Bank,
Keosauqua, Iowa pursuant to section 18(c)
of the Federal Deposit Insurance Act. As a
result of the merger, First Iowa State Bank,
Albia, Iowa will establish branches located
at 714 1st Street, Keosauqua, Iowa; 102
Division Street, Cantril, Iowa; and 110
North Washington Street, Bloomfield,
Iowa.
Newspaper:
09/01/2022
Federal Register:
Not applicable
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:
Not available
Federal Register:
Not available
The Janet K. Lanz Trust, Janet K. Lanz, as
trustee, the Kenneth E. Lanz Trust, and
Kenneth E. Lanz, as trustee, all of
Wapello, Iowa; and the Jon A. Schmidgall
Trust, Jon A. Schmidgall, as trustee, the
Julie A. Schmidgall Trust, Julie A.
Schmidgall, as trustee, Aaron Schmidgall,
Luann Schmidgall, and JoAnn Steiner, all
of Mediapolis, Iowa; to join the
Schmidgall Family Control Group, a group
acting in concert, to retain voting shares of
Mediapolis Bancorporation, and thereby
indirectly retain voting shares of
Mediapolis Savings Bank, both of
Mediapolis, Iowa.
Newspaper:
Not available
Federal Register:
09/21/2022
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:
09/19/2022
Sword Financial Corporation, Horicon, WI,
to acquire Community Bancshares
Wisconsin and thereby indirectly acquire
Cornerstone Community Bank, both of
Grafton, Wisconsin.
Newspaper:
09/19/2022
Federal Register:
09/30/2022
* 18C
* Branch
MARENGO BANCSHARES,
INC.
CIC
MEDIAPOLIS
BANCORPORATION
CIC
NATIONAL BANCORP
HOLDINGS, INC.
CIC
SWORD FINANCIAL
CORPORATION
* 3A3
* Subject to the provisions of the Community Reinvestment Act
District: 7
Federal Reserve Bank of Chicago
Filings received during the week ending September 3, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
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
678744
CENTRAL ST BK, ELKADER, IOWA
06/06/2022
08/29/2022
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 3, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
HOMETOWN BANCORP,
INC.
CIC
Notice by Jeffrey Joe Stinson, Milan,
Tennessee; the Patricia Ross Jones 2021
GST-Exempt ESBT Trust, Patricia Jones,
Trustee, Trenton, Tennessee; the Linda
Ross Szopinski 2021 GST-Exempt ESBT
Trust, Linda Szopinski, Trustee, Milan,
Tennessee; the John W. Ross 2021 GSTExempt ESBT Trust, John Ross, Trustee,
Milan, Tennessee; the Sandra K. Ross
2021 GST-Exempt ESBT Trust, Sandra
Stinson, Trustee, Milan, Tennessee; John
W. and Missy Ross, Milan, Tennessee;
Barry Jones, Trenton, Tennessee; and
James Szopinski, Milan, Tennessee, acting
as a family group, to acquire and retain
control of Hometown Bancorp, Inc., and
thereby indirectly control The Bank of
Milan, both of Milan, Tennessee.
Newspaper:
09/20/2022
Federal Register:
09/06/2022
PRIME BANC CORP.
CIC
Notice by KJ Jansen, LP, and Robert G.
Willenborg, individually and as General
Partner of KJ Jansen, LP, all of Effingham,
Illinois, a group acting in concert, to
acquire 10 percent or more of the voting
shares and thereby control of Prime Banc
Corp., Effingham, Illinois, the parent
company of Dieterich Bank, Effingham,
Illinois.
Newspaper:
09/20/2022
Federal Register:
09/19/2022
* 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 September 3, 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:
Not available
Federal Register:
Not applicable
Tyler Engstrom, Westhope, North Dakota,
to acquire voting shares of Peoples State
Holding Company, Westhope, North
Dakota (Company), and thereby indirectly
acquire voting shares of Peoples State
Bank, Westhope, North Dakota (Bank).
Additionally, Tyler Engstrom; Curtis
Moum, Westhope, North Dakota; and
Darin Bohl, Bottineau, North Dakota, as a
group acting in concert, to acquire voting
shares of Company and thereby indirectly
acquire voting shares of Bank.
Newspaper:
08/31/2022
Federal Register:
09/06/2022
PEOPLES STATE HOLDING
COMPANY
CIC
* Subject to the provisions of the Community Reinvestment Act
District: 9
Federal Reserve Bank of Minneapolis
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 10
Federal Reserve Bank of Kansas City
Filings received during the week ending September 3, 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
FIRST SOUTHWEST
BANCORPORATION, INC.
4c8
First Southwest Bancorporation, Inc.,
Alamosa, Colorado, to engage in lending
and data processing activities through its
new wholly-owned subsidiary, HelloBello
Financial, Inc., Durango, Colorado,
pursuant to Section 225.28 (b)(1) and (b)
(14) of Regulation Y.
Newspaper:
Not applicable
Federal Register:
Not applicable
N.B.C. BANCSHARES IN
PAWHUSKA, INC.
* 3A3
N.B.C. Bancshares in Pawhuska, Inc.,
Pawhuska, Oklahoma, to merge with First
National Bancshares of Weatherford, Inc.,
and indirectly acquire First National Bank
and Trust Company of Weatherford, both
of Weatherford, Oklahoma.
Newspaper:
Not available
Federal Register:
Not available
* 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 3, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
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
COASTAL BANCSHARES,
INC.
CIC
Randall Lee Ferguson-1995 GSST Trust
fbo Randall Lee Ferguson, Ferguson 1998
Trust fbo Randall Lee Ferguson, Randall
Lee Ferguson, as trustee of both trusts, and
Clinton Alexander Ferguson, all of
Pearland, Texas, to join the Ferguson
Family Control Group, a group acting in
concert, and to retain voting shares of
Coastal Bancshares, Inc., and thereby
indirectly retain voting shares of Pearland
State Bank and First National Bank of
Alvin, all of Pearland, Texas; additionally,
Randall Lee Ferguson, individually, and
Ferguson 2013 Family Trust fbo Randall
Lee Ferguson, Randall Lee Ferguson, as
trustee, Pearland, Texas, to join the
Ferguson Family Control Group, and to
acquire voting shares of Coastal
Bancshares, Inc, and thereby indirectly
acquire voting shares of Pearland Bank and
Alvin Bank.
Newspaper:
Not available
Federal Register:
09/12/2022
THIRD COAST BANK, SSB
* Branch
Third Coast Bank, SSB, Humble, Texas, to
establish a branch at 1910 West Lake
Houston, Kingwood, Texas 77339.
Newspaper:
Not available
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
Exam Method
965789
SUSSER BK, DALLAS, TEXAS
02/28/2022
08/27/2022
S
Int Small Bank
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
District: 12
Federal Reserve Bank of San Francisco
Filings received during the week ending September 3, 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
BAWAG GROUP AG
* 3A1
BAWAG Group AG, Vienna, Austria, (1)
proposes to become a bank holding
company by acquiring 100 percent of the
voting shares of Peak Bancorp, Inc., and
thereby indirectly acquire Idaho First
Bank, both of McCall, Idaho; (2) seeks to
retain 19.5 percent of Marlette Holdings,
Inc., Wilmington, Delaware, and thereby
extend credit and service loans pursuant to
section 225.28(b)(1) of Regulation Y; and
(3) requests a determination that it be
treated as a qualifying foreign banking
organization.
Newspaper:
Not available
Federal Register:
09/28/2022
East West Bank, Pasadena, California,
proposes to make a public welfare
investment of $29.2 million in PNC
NMTC Fund 2, LLC.
Newspaper:
Not applicable
Federal Register:
Not applicable
Silicon Valley Bank, Santa Clara,
California, requests prior approval to make
a $40 million public welfare investment in
RBC Community Investments California
Fund-8, LP.
Newspaper:
Not applicable
Federal Register:
Not applicable
4c8
EAST WEST BANK
SILICON VALLEY BANK
PWI
PWI
* 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