Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

Actions under delegated authority

Actions taken during the week ending May 18, 2013


Bank Branches, Domestic

Dallas
Community Trust Bank, Choudrant, Louisiana -- to establish a branch at 5324 Kirby Drive, Houston, Texas.
-Approved, May 17, 2013

St. Louis
Evolve Bank & Trust, West Memphis, Arkansas -- to establish a branch at 115 Block Street, Marion.
-Withdrawn, May 13, 2013

Kansas City
First Missouri Bank, Brookfield, Missouri -- to establish a branch at 1925 Burlington Avenue, North Kansas City.
-Withdrawn, May 17, 2013

Philadelphia
Merchants Bank of Bangor, Bangor, Pennsylvania -- to establish a branch at 2 West Broad Street, Bethlehem.
-Approved, May 14, 2013

Richmond
Monarch Bank, Chesapeake, Virginia -- to establish a branch at 11815 Fountain Way, Newport News.
-Withdrawn, May 16, 2013

Bank Holding Companies

Atlanta
1st United Bancorp, Inc., Boca Raton, Florida -- to merge with Enterprise Bancorp, Inc., Palm Beach Gardens, and thereby acquire Enterprise Bank of Florida, North Palm Beach; and for 1st United Bank, Boca Raton, to merge with Enterprise Bank of Florida.
-Approved, May 16, 2013

General Counsel
CapGen Capital Group VI, New York, New York -- request for an exemption under the Depository Institution Management Interlocks Act and Regulation L (three requests).
-Granted, May 14, 2013

Director, BS&R
CIC Bancshares, Inc., Denver, Colorado -- relief from certain commitments.
-Granted, May 13, 2013

Minneapolis
Glacier Bancorp, Inc., Kalispell, Montana -- waiver of application to acquire Wheatland Bankshares, Inc., Wheatland, Wyoming, in connection with the merger of their respective subsidiaries, Glacier Bank, Kalispell, and First State Bank, Wheatland.
-Granted, May 13, 2013

Director, BS&R
The Goldman Sachs Group, Inc., New York, New York -- relief from certain commitments.
-Granted, May 17, 2013

Dallas
Henderson Citizens Bancshares, Inc., Henderson, Texas -- to acquire The East Texas National Bank of Palestine, Palestine.
-Approved, May 14, 2013

Minneapolis
MidWest Bancorporation, Inc., Eden Prairie, Minnesota -- to become a bank holding company through the conversion of its subsidiary, Star Bank, Bertha, from a federal savings bank to a state-chartered commercial bank; and to engage, through Todd County Agency, Inc., Eden Prairie, and West Central Agency, Inc., Graceville, in general insurance agency activities.
-Approved, May 16, 2013

Kansas City
Regent Capital Corporation, Nowata, Oklahoma -- to continue to engage in lending activities.
-Approved, May 15, 2013

Bank Premises

Philadelphia
Merchants Bank of Bangor, Bangor, Pennsylvania -- request to exceed the limit on investment in bank premises.
-Approved, May 14, 2013

Change in Bank Control

Kansas City
FarmBank Holding, Inc., Greeley, Colorado -- change in bank control of FarmBank Holding and its subsidiary, First FarmBank, Greeley.
-Permitted, May 15, 2013

Dallas
Friendswood Capital Corporation, Friendswood, Texas -- change in bank control of Friendswood Capital Corporation and its subsidiary, Texan Bank, Sugar Land.
-Permitted, May 16, 2013

Richmond
Independence Bancshares, Inc., Greenville, South Carolina -- change in bank control of Independence Bancshares and its subsidiary, Independence National Bank, Greenville.
-Permitted, May 13, 2013

Chicago
Johnson Financial Group, Inc., Racine, Wisconsin -- change in bank control of Johnson Financial Group and its subsidiary, Johnson Bank, Racine.
-Permitted, May 14, 2013

Chicago
LWCBancorp, Inc., New Lenox, Illinois -- change in bank control of LWCBancorp and its subsidiary, LincolnWay Community Bank, New Lenox.
-Permitted, May 16, 2013

Chicago
NI Bancshares Corporation, Sycamore, Illinois -- to retain control of NI Bancshares Corporation and its subsidiary, The National Bank & Trust Company, Sycamore.
-Permitted, May 17, 2013

Minneapolis
One Corporation, New Richmond, Wisconsin -- to retain control of One Corporation and its subsidiary, First National Community Bank, New Richmond.
-Permitted, May 14, 2013

Minneapolis
PSB Financial Shares, Inc., Prinsburg, Minnesota -- change in bank control of PSB Financial Shares and its subsidiary, PrinsBank, Prinsburg.
-Permitted, May 17, 2013

St. Louis
Southern Illinois Bancorp, Inc., Carmi, Illinois -- to retain control of Southern Illinois Bancorp and its subsidiary, The First National Bank of Carmi, Carmi.
-Permitted, May 15, 2013

Extensions of Time

Chicago
Baylake Corp., Sturgeon Bay, Wisconsin -- extension to May 27, 2013, to provide, through its subsidiary, Admiral Asset Management, LLC, Green Bay, investment advisory services to customers of Baylake Bank, Sturgeon Bay.
-Granted, May 13, 2013

Financial Holding Companies

New York
Lakeland Bancorp, Inc., Oak Ridge, New Jersey -- election to become a financial holding company.
-Effective, May 17, 2013

International Operations

Director, BS&R
State Street Bank and Trust Company, Boston, Massachusetts, and State Street International Holdings -- waiver of remainder of prior-notice period to invest in State Street Bank GmbH, Munich, Germany, and for State Street Bank GmbH to establish a branch in Krakow, Poland.
-Granted, May 15, 2013

Membership

Kansas City
Citizens Bank of Kansas, National Association, Kingman, Kansas -- to retain membership in the Federal Reserve System on conversion from a national to a state charter.
-Approved, May 16, 2013

Savings and Loan Holding Companies

Philadelphia
Sunnyside Bancorp, Inc., Irvington, New York -- to become a savings and loan holding company by acquiring Sunnyside Federal Savings and Loan Association of Irvington, Irvington, on its conversion from mutual to stock form.
-Approved, May 16, 2013

Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco