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 January 7, 2017


Bank Branches, Domestic

Philadelphia
AmeriServ Financial Bank, Johnstown, Pennsylvania -- to establish a branch at 1213 Scalp Avenue, Johnstown.
-Approved, January 6, 2017

Chicago
Village Bank & Trust, Arlington Heights, Illinois -- to establish a branch at 1635 Algonquin Road, Rolling Meadows.
-Approved, January 5, 2017

Bank Holding Companies

Kansas City
Banner County Ban Corporation Employee Stock Ownership Plan and Trust, Harrisburg, Nebraska -- to acquire shares of Banner County Ban Corporation, Harrisburg, parent of Banner Capital Bank.
-Approved, January 4, 2017

St. Louis
First National Bancorp, Inc., Green Forest, Arkansas -- to acquire shares of Legacy BancShares, Inc., Springdale, and thereby indirectly retain ownership in Legacy National Bank.
-Approved, January 5, 2017

St. Louis
Home BancShares, Inc., Conway, Arkansas -- to acquire through merger Giant Holdings, Inc., Fort Lauderdale, Florida, and thereby indirectly acquire Landmark Bank, N.A.
-Approved, January 5, 2017

New York
New York Community Bancorp, Inc., Westbury, New York -- to acquire Astoria Financial Corporation, Lake Success, and indirectly acquire Astoria Bank, Long Island City, and thereby engage in extending credit, servicing loans, and operating a savings association.
-Withdrawn, January 3, 2017

General Counsel
Peach State Bancshares, Inc. (Peach State), Gainesville, Georgia -- request for an exemption to permit Stewart L. Teaver to become an institution-affiliated party, in connection with an application by Peach State to become a bank holding company.
-Granted, January 5, 2017

Minneapolis
Sargent Bankshares, Inc., Forman, North Dakota -- to acquire First National Bank, Milnor.
-Approved, January 6, 2017

Dallas
Woodforest Financial Group Employee Stock Ownership Plan (w/401(k) Provisions) (Amended and Restated Eff. 03/01/06), The Woodlands, Texas; and Woodforest Financial Group Employee Stock Ownership Trust -- to acquire shares of Woodforest Financial Group, Inc., The Woodlands, and indirectly acquire Woodforest National Bank, Houston.
-Approved, January 5, 2017

Bank Mergers

St. Louis
Centennial Bank, Conway, Arkansas -- to merge with Landmark Bank, N.A., Fort Lauderdale, Florida, and to retain the acquired facilities as branches.
-Approved, January 3, 2017

St. Louis
First State Bank and Trust Company, Inc., Caruthersville, Missouri -- to purchase certain assets and assume certain liabilities of the Dexter branch of Montgomery Bank, National Association, Sikeston.
-Approved, January 3, 2017

Change in Bank Control

Minneapolis
Commercial Holding Company, Wagner, South Dakota -- to retain control of Commercial Holding Company and its subsidiary, Commercial State Bank of Wagner, Wagner.
-Permitted, January 3, 2017

Extensions of Time

Secretary
Deutsche Bank AG, Frankfurt, Germany; and Deutsche Bank USA Corporation, New York, New York -- extension of time in which to submit an annual capital plan.
-Denied, January 5, 2017

Financial Holding Companies

Richmond
First South Bancorp, Inc., Washington, North Carolina -- election to become a financial holding company.
-Effective, January 4, 2017

Membership

Chicago
Farmers Trust & Savings Bank, Buffalo Center, Iowa -- to become a member of the Federal Reserve System.
-Approved, January 6, 2017

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