October 13, 2017 - The Farmers and Merchants State Bank of
Argonia, Argonia, Kansas, was closed today by the Office of the
State Bank Commissioner of Kansas, which appointed the Federal
Deposit Insurance Corporation (FDIC) as receiver. To protect the
depositors, the FDIC entered into a purchase and assumption
agreement with Conway Bank, Conway Springs, Kansas, to assume
all of the deposits of The Farmers and Merchants State Bank of
October 11, 2017 - FDIC to Hold 7th Annual Consumer Research
Symposium in Arlington, Virginia - The Federal Deposit Insurance
Corporation will sponsor the 7th Annual Consumer Research
Symposium on October 13, 2017.
October 11, 2017 - Federal Reserve Board issues enforcement
actions with Bank of Gueydan and Farmers State Bank.
October 10, 2017 - Consolidated Reports of Condition and Income
for Third Quarter 2017 - The attached materials pertain to the
Consolidated Reports of Condition and Income for the September
30, 2017, report date. Please plan to complete the preparation,
editing, and review of your institution's Call Report data and
the submission of these data to the agencies' Central Data
Repository as early as possible.
October 10, 2017 - Notice of a Meeting under Expedited
Procedures - A closed meeting of the Board of Governors of the
Federal Reserve System was held at on October 10, 2017.
Matter(s) considered: Review and determination by the Board of
Governors of the advance and discount rates to be charged by the
Federal Reserve Banks.
October 6, 2017 - T+2 Securities Transaction Settlement Cycle:
Notice of Proposed Rulemaking - The Office of the Comptroller of
the Currency is requesting comment on a proposed rule to shorten
the standard settlement cycle for securities purchased or sold
by national banks or federal savings associations.
October 6, 2017 - NCUA Advises Credit Unions in the Path of
Tropical Storm Nate to Prepare - Credit unions in the path of
Tropical Storm Nate are being advised to take precautions as the
storm nears the Gulf Coasts of Louisiana, Mississippi, Alabama
and Florida, the National Credit Union Administration said
October 6, 2017 - NCUA Posts 2018–2019 Budget Proposal - Agency
Accepting Comments and Budget Briefing Presentation Requests -
The National Credit Union Administration’s 2018–2019 budget
proposal is now available online, and the agency is accepting
comments as well as requests to present at its Oct. 18 budget
October 6, 2017 - St. Louis Fed's Bullard Discusses Living
Standards across U.S. Metro Areas - Federal Reserve Bank of St.
Louis President James Bullard discussed “Living Standards across
U.S. Metropolitan Statistical Areas” at Bi-State Development’s
2017 annual meeting on Friday.
October 6, 2017 - Banker Teleconference Series: HMDA
Implementation - Timely and Comprehensive Information and
Insights from the FDIC - The FDIC will discuss implementation of
the 2015 Home Mortgage Disclosure Act Final Rule regarding
requirements that become effective beginning in 2018.
October 6, 2017 - Banker Teleconference: Proposed
Simplifications to the Capital Rule Pursuant to the Economic
Growth and Regulatory Paperwork Reduction Act of 1996 - The
FDIC, the Office of the Comptroller of the Currency, and the
Board of Governors of the Federal Reserve System will host an
interagency conference call on Thursday, October 12, 2017, at
1:00 p.m. Eastern Time.
October 6, 2017 - Statistical Release - Consumer Credit - G.19 -
In August, consumer credit increased at a seasonally adjusted
annual rate of 4-1/4 percent. Revolving credit increased at an
annual rate of 7 percent, while nonrevolving credit increased at
an annual rate of 3-1/4 percent.
October 6, 2017 - FOIA - Chair Yellen's calendar, August 2017.
October 6, 2017 - Credit and Liquidity Programs and the Balance
Sheet - Recent balance sheet trends, weekly chart update
October 6, 2017 - Federal Reserve Board announces approval of
application by Columbia Banking System, Inc. - The Federal
Reserve Board on Friday announced its approval of the
application under section 3 of the Bank Holding Company Act of
1956 by Columbia Banking System, Inc., Tacoma, Washington, to
acquire Pacific Continental Corporation and thereby indirectly
acquire Pacific's subsidiary bank, Pacific Continental Bank,
both of Eugene, Oregon.
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Have a great week,
R. Kinney Williams,
Certified Financial Examiner
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