Actions under delegated authority

Actions taken during the week ending August 6, 2016

Bank Branches, Domestic

Kansas City

Commerce Bank, Kansas City, Missouri -- to establish a branch at 2012 Court Street, Pekin, Illinois.
-Approved, August 2, 2016

Minneapolis

The Northwestern Bank, Chippewa Falls, Wisconsin -- to establish a branch at 1430 Rivers Edge Trail, Altoona.
-Approved, August 3, 2016

St. Louis

Southern Bancorp Bank, Arkadelphia, Arkansas -- to establish a branch at 502 East Main Street, Gurdon.
-Approved, August 4, 2016

Bank Holding Companies

Philadelphia

DNB Financial Corporation, Downingtown, Pennsylvania -- to acquire East River Bank, Philadelphia, through its merger with and into DNB First, N.A., Downingtown.
-Approved, August 4, 2016

St. Louis

Saints Avenue Bancshares, Inc., Saint Charles, Missouri -- to become a bank holding company by acquiring shares of New London Bancshares, Inc., New London, and thereby indirectly acquire RCSBank.
-Approved, August 1, 2016

Dallas

Sulphur Springs Bancshares, Inc., Sulphur Springs, Texas -- to acquire by merger Wills Point Financial Corporation, Wills Point, and indirectly acquire Citizens National Bank.
-Approved, August 4, 2016

Bank Mergers

Minneapolis

Frandsen Bank & Trust, Lonsdale, Minnesota -- to merge with Provincial Bank, Lakeville, and thereby establish a branch.
-Approved, August 4, 2016

Change in Bank Control

Chicago

Heartland Bancorp, Inc., Bloomington, Illinois -- to retain control of Heartland Bancorp, Inc., and its subsidiary, Heartland Bank and Trust Company, Bloomington.
-Permitted, August 4, 2016

Atlanta

The Nashville Holding Company, Nashville, Georgia -- to retain control of The Nashville Holding Company and its subsidiary, The Citizens Bank, Nashville.
-Permitted, August 5, 2016

Extensions of Time

Director, BS&R

Citigroup Inc., New York, New York -- extension of time to conform or divest certain merchant banking investments.
-Granted, August 4, 2016

Kansas City

First State Bank Nebraska, Lincoln, Nebraska -- extension to November 18, 2016, to establish a branch at 2701 Grainger Parkway, Lincoln.
-Granted, August 3, 2016

Membership

San Francisco

Cornerstone Community Bank, Red Bluff, California -- to become a member of the Federal Reserve System.
-Approved, August 4, 2016

Savings and Loan Holding Companies

Dallas

AF Mutual Holding Company, Alamogordo, New Mexico -- for AF Mutual Holding Company to convert from mutual to stock form and to merge with and into Bancorp 34, Inc., Alamogordo; for a newly formed Maryland corporation, Bancorp 34, Inc., to become a savings and loan holding company by acquiring Bank 34, Alamogordo; and waiver in connection with a proposed share offering related to AF Mutual's conversion.
-Approved, August 3, 2016