Actions taken by the Federal Reserve Bank of San Francisco under delegated authority

Bank Branches, Domestic
Coastal Community Bank, Everett, Washington -- to establish a branch at 123 Third Avenue, Edmonds.
- Approved, September 19, 2018
AltaPacific Bank, Santa Rosa, California -- to establish a branch at 1395 South Grand Avenue, Glendora.
- Approved, August 9, 2018
Bank of the Orient, San Francisco, California -- to establish a branch at 2209 El Camino Real, Palo Alto.
- Approved, July 20, 2018
Oak Valley Community Bank, Oakdale, California -- to establish a branch at 455 Capitol Mall, Sacramento.
- Approved, May 24, 2018
Mission Bank, Bakersfield, California -- to establish a branch at 1500 Palma Drive, Ventura.
- Approved, April 5, 2018
Oak Valley Community Bank, Oakdale, California -- to establish a branch at 241 West Main Street, Turlock.
- Approved, January 12, 2018
Farmers and Merchants Bank of Long Beach, Long Beach, California -- to establish a branch at 33 East Carrillo Street, Santa Barbara.
- Approved, January 3, 2018
Bank Holding Companies
Jiko Group, Inc., Berkeley, California -- to become a bank holding company by acquiring Mid-Central Federal Savings Bank, Wadena, Minnesota, and to engage de novo through its subsidiaries Jiko Technologies Inc., Berkley, and Jiko Securities, Inc., in data processing activities and agency transactional services for customer investments and to engage de novo in investment transactions as principal.
- Returned, November 15, 2018
Bou Bancorp, Inc., Ogden, Utah -- to merge with AmBancorp, Provo, and thereby indirectly acquire American Bank of Commerce; and for Bank of Utah, Ogden, to merge with American Bank of Commerce and thereby acquire branches.
- Approved, November 5, 2018
Baycom Corp ,Walnut Creek, California -- to merge with Bethlehem Financial Corporation, Belen, New Mexico, and thereby acquire My Bank; and for United Business Bank, Walnut Creek, to merge with My Bank and thereby acquire branches.
- Approved, October 5, 2018
Eastern International Bancorp, Inc., Los Angeles, California -- to become a bank holding company by acquiring Eastern International Bank, Los Angeles.
- Approved, July 26, 2018
Mountain Pacific Bancorp, Inc., Everett, Washington -- to become a bank holding company by acquiring Mountain Pacific Bank, Everett, and election to become a financial holding company.
- Approved, June 8, 2018
ATBancorp, Dubuque, Iowa -- to acquire shares of Heritage Commerce Corp, San Jose, California, and thereby indirectly acquire Heritage Bank of Commerce.
- Approved, April 20, 2018
Allegiant United Holdings, LLC, Irvine, California, and Nano Financial Holdings, Inc. (Nano) -- to become bank holding companies through Nano's acquisition of Commerce Bank of Temecula Valley, Murrieta.
- Approved, March 27, 2018
Nano Financial Holdings (NFH), Irvine, California, and Allegiant United Holdings, LLC -- to become bank holding companies through NFH's acquisition of Commerce Bank of Temecula Valley, Murrieta.
- Returned, February 6, 2018
FNBEly Bancorporation, Ely, Nevada -- to become a bank holding company by acquiring The First National Bank of Ely, Ely.
- Approved, January 12, 2018
Bank Mergers
Heritage Bank of Commerce, San Jose, California -- to merge with United American Bank, San Mateo, and thereby acquire branches.
- Approved, March 27, 2018
Heritage Bank of Commerce, San Jose, California -- to merge with Tri-Valley Bank, San Ramon, and thereby acquire branches.
- Approved, March 9, 2018
Change In Bank Control
Baker Boyer Bancorp, Walla Walla, Washington -- change in bank control of Baker Boyer Bancorp and its subsidiary, Baker Boyer National Bank, Walla Walla.
- Permitted, November 30, 2018
FNB Bancorp, Layton, Utah -- to retain control of FNB Bancorp and its subsidiary, First National Bank of Layton, Layton.
- Permitted, October 18, 2018
BOU Bancorp, Inc., Ogden, Utah -- to retain control of BOU Bancorp, Inc., and its subsidiary, Bank of Utah, Ogden.
- Permitted, September 14, 2018
Summit Bancshares, Inc., Oakland, California -- to retain control of Summit Bancshares, Inc., and its subsidiary, Summit Bank, Oakland.
- Permitted, September 14, 2018
Trans Pacific Bancorp, San Francisco, California -- change in bank control of Trans Pacific Bancorp and its subsidiary, Beacon Business Bank, National Association, San Francisco.
- Permitted, July 20, 2018
Liberty Bancorp, South San Francisco, California -- to retain control of Liberty Bancorp and its subsidiary, Liberty Bank, South San Francisco.
- Permitted, May 29, 2018
FNB Bancorp, Layton, Utah -- to retain control of FNB Bancorp and its subsidiary, First National Bank of Layton, Layton.
- Withdrawn, May 16, 2018
American River Bankshares, Rancho Cordova, California -- change in bank control of American River Bankshares and its subsidiary, American River Bank, Sacramento.
- Permitted, May 1, 2018
Community Bancshares, Inc., Joseph, Oregon -- to retain control of Community Bancshares, Inc., and its subsidiary, Community Bank, Joseph.
- Permitted, April 24, 2018
Extensions Of Time
The Charles Schwab Corporation, San Francisco, California -- extension to July 31, 2018, to acquire a de novo depository institution, Charles Schwab Trust Bank, Henderson, Nevada.
- Granted, June 14, 2018
CBC Bancorp, Irvine, California -- extension to June 16, 2018, to become a bank holding company by acquiring shares of NCAL Bancorp, Irvine, and thereby indirectly acquiring Commercial Bank of California.
- Granted, March 15, 2018
Farmers & Merchants Bancorp, Lodi, California -- extension to April 25, 2018, to acquire shares of Bank of Rio Vista, Rio Vista.
- Granted, January 25, 2018
Membership
First Choice Bank, Cerritos, California -- to become a member of the Federal Reserve System.
- Approved, September 21, 2018
Nano Banc, Murrieta, California -- to become a member of the Federal Reserve System.
- Approved, August 3, 2018
South County Bank, National Association, Rancho Santa Margarita, California -- to retain membership in the Federal Reserve System on conversion to a state-chartered bank, CalWest Bank.
- Approved, March 14, 2018
Banks, State Member
Farmers and Merchants Bank of Long Beach, Long Beach, California -- to make a public welfare investment.
- Approved, July 31, 2018
Financial Holding Companies
RBB Bancorp, Los Angeles, California -- election to become a financial holding company.
- Effective, July 19, 2018

Last Update: December 13, 2018