Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
Actions under delegated authority PDF
Actions taken during the week ending September 27, 2025
Bank Holding Companies
Atlanta
Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan, Flowood, Mississippi -- to acquire voting shares of Community Bancshares of Mississippi, Inc., and thereby indirectly acquire voting shares of Community Bank of Mississippi, both of Flowood, Mississippi.
Approved: September 22, 2025
Boston
Eastern Bankshares, Inc., Boston, Massachusetts -- to acquire HarborOne Bancorp, Inc., and thereby indirectly acquire HarborOne Bank, both of Brockton, Massachusetts.
Approved: September 26, 2025
Dallas
Maverick Bancshares, Inc., Fort Davis, Texas -- waiver of application to merge with Sandhills Bancshares, Inc., and thereby indirectly acquire Tejas Bank, both of Monahans, Texas, in connection with the merger of Tejas Bank with and into Maverick Bank, Fort Davis, Texas.
Granted: September 23, 2025
Bank Mergers
Kansas City
The Colorado Bank and Trust Company of La Junta, La Junta, Colorado -- to purchase certain assets and assume certain liabilities of branches of InBank, Raton, New Mexico, located at 106 North Court Street, Buena Vista, Colorado; 220 Main Street, Wiley, Colorado; and 210 East Olive Street, Lamar, Colorado, and thereby establish branches.
Approved: September 23, 2025
Change in Bank Control
Chicago
Johnson Financial Group, Inc., Racine, Wisconsin -- JFG Control, LP, IPJ 2012 JFG Trust, Helen P. Johnson-Leipold, trustee, all of Racine, Wisconsin; Winifried J. Marquart, Palm Beach, Florida; Katherine M. L. Johnson, Chicago, Illinois; Odinn R. Johnson, New York, New York; and Helen P. Johnson-Leipold, Racine Wisconsin, as committee members of JFG Control, LP; to join the Johnson Family Control Group, a group acting in concert, to acquire voting shares of Johnson Financial Group, Inc., and thereby indirectly acquire voting shares of Johnson Bank, Racine, Wisconsin.
Permitted: September 26, 2025
Minneapolis
State Bank of Bottineau Holding Company, Bottineau, North Dakota -- Clinton D. Gjellstad, Velva, North Dakota, to acquire voting shares of State Bank of Bottineau Holding Company and thereby indirectly acquire voting shares of State Bank of Bottineau, Bottineau, North Dakota.
Permitted: September 23, 2025
San Francisco
Pacific West Bancorp, West Linn, Oregon -- Michael Harland Giles, Vancouver, Washington, to acquire voting shares of Pacific West Bancorp and thereby indirectly acquire voting shares of Pacific West Bank, West Linn, Oregon.
Permitted: September 24, 2025
Membership
St. Louis
Producers Bank & Trust, McGehee, Arkansas -- to become a member of the Federal Reserve System.
Approved: September 26, 2025