Board of Governors of the Federal Reserve System

First State Bank, Gainesville, Texas -- to establish a branch at 2315 North US Highway 75, Sherman, Texas.
Approved: June 4, 2025

Investors Community Bank, Chillicothe, Missouri -- to establish a branch at 5600 Bull Run Drive, Columbia, Missouri.
Approved: June 5, 2025

The First Bank and Trust Company, Lebanon, Virginia -- to establish a branch at 148 Cold Creek Drive, Morristown, Tennessee.
Approved: June 4, 2025

First Bank, Southern Pines, North Carolina -- to establish a branch at 162 College Street, Asheville, North Carolina.
Approved: June 5, 2025

Independent Bank Corp., Rockland, Massachusetts -- to acquire Enterprise Bancorp, Inc., and thereby indirectly acquire Enterprise Bank & Trust Company, both of Lowell, Massachusetts.
Approved: June 4, 2025

Savanna-Thomson Investment, Inc., Savanna, Illinois -- relief from certain commitments.
Granted: June 3, 2025

PSB Financial Shares, Inc., Prinsburg, Minnesota -- request by Myron L. Mulder for relief from a commitment involving PSB Financial Shares, Inc.
Granted: June 2, 2025

State Street Bank and Trust Company, Boston, Massachusetts -- to acquire certain assets of, and assume certain liabilities from, Mizuho Bank (USA), New York, New York, pursuant to section 18(c) of the Federal Deposit Insurance Act.*
Approved: May 30, 2025
*Addition

Citizens Bank & Trust Company, Van Buren, Arkansas -- to increase its investment in bank premises.
Approved: June 4, 2025

Builtwell Bancorp, Inc., Chattanooga, Tennessee -- Amie Anderson Glenn Goodwin, Greenville, South Carolina, individually, and as general partner of Anderson Volunteer Holdings, L.P. (AVH), Longboat Key, Florida; Howard Bishop Anderson, Chattanooga, Tennessee, individually, and as managing partner of AVH; the Irrevocable Family Trust Agreement of Robert Randolf Anderson dated August 15, 2011, Chattanooga, Tennessee, Doralynn Elizabeth Garrison Anderson, Longboat Key, Florida, Amie Anderson Glenn Goodwin, and Howard Bishop Anderson, as co-trustees; and the Irrevocable Family Trust Agreement of Doralynn Elizabeth Garrison Anderson dated August 15, 2011, Chattanooga, Tennessee, Robert Randolf Anderson, Longboat Key, Florida, Amie Anderson Glenn Goodwin, and Howard Bishop Anderson, as co-trustees; to retain voting shares of Builtwell Bancorp, Inc., Chattanooga, Tennessee, and together with the aforementioned trusts and with AVH, a qualified family partnership, to become members of the Anderson Family Group, a group acting in concert, to retain voting shares of Builtwell Bancorp, Inc., and thereby indirectly retain voting shares of Builtwell Bank, Chattanooga, Tennessee, and Bank of Cleveland, Cleveland, Tennessee.
Permitted: June 3, 2025

Clarkel, Inc., Kesley, Iowa -- The Fred W. Maifeld Residuary Trust--FBO Lori Maifeld, Clarksville, Iowa, Arlyn Maifeld, Parkersburg, Iowa as trustee; Lester J. Maifeld, Burnsville, Minnesota, as trustee; Roger L. Maifeld, Manchester, Iowa, as trustee; and Russell D. Maifeld, Galesburg, Illinois, as trustee; The Fred W. Maifeld Residuary Trust--FBO Rhonda Maifeld, Clarksville, Iowa, Arlyn Maifeld, Parkersburg, Iowa, as trustee; Lester J. Maifeld, Burnsville, Minnesota, as trustee; Roger L. Maifeld, Manchester, Iowa, as trustee; and Russell D. Maifeld, Galesburg, Illinois as trustee, to acquire voting shares of Clarkel, Inc., and thereby indirectly acquire voting shares of Iowa State Bank, Clarksville, Iowa.
Permitted: June 6, 2025

Commercial National Corporation, Brady, Texas -- Jeffrey Jones, The Doris Jones Marital Trust, and the John W. Jones Family Trust, all of Brady, Texas; W. Clay Jones and Mark Jones, individually and as co-trustees of both aforementioned trusts, and Grant Johanson Jones, all of Rochelle, Texas; Martha Marie Jones, Austin, Texas; Zachary Jones and the William Jones Family Trust, Diane Johanson Jones, as trustee, all of Brady, Texas; and Liane Jones Locke, Lubbock, Texas; as the Jones Control Group, a group acting in concert, to retain voting shares of Commercial National Corporation and thereby indirectly retain voting shares of Commercial National Financial Corporation, Henderson, Nevada, and The Commercial National Bank, Brady, Texas.
Permitted: June 6, 2025

Koda Bancor, Inc, Drayton, North Dakota -- Todd J. Anderson and The Peter and Marie Anderson Living Trust, Peter B. Anderson and Marie K. Anderson, as co-trustees, all of Drayton, North Dakota; to join the Anderson Family Control Group, a group acting in concert, to retain voting shares of Koda Bancor, Inc., and thereby indirectly retain voting shares of KodaBank, Drayton, North Dakota.
Permitted: June 4, 2025

Koda Bancor, Inc., Drayton, North Dakota -- Karen L. Schumacher, Drayton, North Dakota, as co-trustee of the KodaBank Employee Stock Ownership Plan; to acquire control of voting shares of Koda Bancor, Inc., and thereby indirectly acquire control of voting shares of KodaBank, Drayton, North Dakota.
Permitted: June 4, 2025

Lincoln County Bancorp, Inc., Troy, Missouri -- Donald E. Thompson Residuary Trust, David W. Thompson, Donald E. Thompson, and Lee B. Thompson, as trustees, David W. Thompson and Peggy L. Thompson Trust, David W. Thompson and Peggy L. Thompson, as trustees, Donald Edward Thompson Revocable Trust, Donald E. Thompson, as trustee, Mary Lou Thompson Revocable Trust, Mary Lou Thompson, as trustee, Lee B. Thompson, individually, and Shiloh A. Werkmeister, individually, all of Troy, Missouri; and Amber DE Shafer, individually, Moscow Mills, Missouri; to establish the Thompson Family Control Group, a group acting in concert, to retain voting shares of Lincoln County Bancorp, Inc., and thereby indirectly retain voting shares of Peoples Bank & Trust Co., Troy, Missouri; Exchange Bank of Northeast Missouri, Kahoka, Missouri; New Frontier Bank, St. Charles, Missouri; and Peoples Bank of Altenburg, Altenburg, Missouri.
Permitted: June 3, 2025

State Street International Holdings, Boston, Massachusetts -- to extend its corporate existence under section 25A of the Federal Reserve Act.*
Approved: May 30, 2025
*Addition

Lending and Liquidity Facilities -- reports to Congress under section 13(3) of the Federal Reserve Act in response to COVID-19.
Approved: June 6, 2025