9-533. Same; application; required information.
9-533
9-533. Same; application; required information.
An application filed pursuant to
K.S.A. 9-532 and amendments thereto shall provide the following information
and include the following documents:
(a) A copy of any application by applicant seeking approval by a federal
agency of the acquisition of the voting shares or assets of a Kansas bank or of a Kansas
bank holding company, and of any supplemental
material or amendments filed with the application.
(b) Copies of the public sections of the most recent CRA performance
evaluations for all banks which are subsidiaries of the applicant which were
assigned a rating of "needs to improve
record of meeting community credit needs" or "substantial noncompliance in
meeting community needs" under the federal community reinvestment act of
1977,
12 U.S.C. 2901 et seq.
(c) Statements of the financial condition and future prospects, including
current and projected capital positions and levels of indebtedness, of the
applicant and the Kansas bank or Kansas
bank holding company which is the subject of the application filed pursuant to
K.S.A. 9-532 and amendments thereto.
(d) Information as to how the applicant proposes to adequately meet the
convenience and needs of the community served by the Kansas bank or
Kansas bank holding company which is the subject of the application filed
pursuant to K.S.A. 9-532 and amendments thereto and
the communities served by other Kansas banks which are subsidiaries of
applicant, in
accordance with the federal community reinvestment act of 1977, 12 U.S.C. 2901
et seq.
(e) A list of the name and location of each subsidiary bank of the
applicant, together with each subsidiary's most recent examination date, and
assigned composite CAMEL rating, and information reflecting each subsidiary's
total assets, capital ratios, return on assets ratio and loan to deposit
ratios.
(f) Any additional information the commissioner deems necessary.
History: L. 1991, ch. 45, § 5;
L. 1995, ch. 79, § 4; Sept. 29.