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

Bank Branches, Domestic
Farmers and Merchants Bank of Long Beach, Long Beach, California -- to establish a branch at 1034 Santa Barbara Street, Santa Barbara.
- Withdrawn, August 24, 2017
Presidio Bank, San Francisco, California -- to establish a branch at 1990 North California Boulevard, Walnut Creek.
- Approved, August 7, 2017
Coastal Community Bank, Everett, Washington -- to establish a branch at 17601 140th Avenue NE, Woodinville.
- Approved, June 12, 2017
Seacoast Commerce Bank, San Diego, California -- to establish a branch at 22 West 35th Street, National City.
- Approved, April 7, 2017
Cornerstone Community Bank, Red Bluff, California -- to provide messenger services for its customers in Redding.
- Approved, April 5, 2017
AltaPacific Bank, Santa Rosa, California -- to establish a branch at 368 East Vanderbilt Way, San Bernardino.
- Approved, March 27, 2017
Western Alliance Bank, Phoenix, Arizona -- to establish a branch at 1907 East Pecos Road, Gilbert.
- Approved, March 15, 2017
Cornerstone Community Bank, Red Bluff, California -- to establish a branch at 1845 California Street, Redding.
- Approved, February 17, 2017
Commonwealth Business Bank, Los Angeles, California -- to establish a branch at 2164 Royal Lane, Dallas, Texas, and to close a branch at 3030 Lyndon B. Johnson Freeway, Dallas.
- Approved, January 20, 2017
Commonwealth Business Bank, Los Angeles, California -- to establish a branch at 2625 Old Denton Road, Carrollton, Texas.
- Approved, January 19, 2017
Bank Holding Companies
GBank Financial Holdings, Inc., Las Vegas, Nevada -- to become a bank holding company by acquiring Bank of George, Las Vegas.
- Approved, December 1, 2017
First Choice Bancorp, Cerritos, California -- to become a bank holding company by acquiring First Choice Bank, Cerritos.
- Approved, November 3, 2017
Farmers & Merchants Bancorp, Lodi, California -- to acquire shares of Bank of Rio Vista, Rio Vista.
- Approved, October 27, 2017
Carpenter Bank Partners, Inc., et al., Irvine, California -- to acquire shares of Pacific Premier Bancorp, Irvine, and indirectly acquire Pacific Premier Bank.
- Approved, October 12, 2017
New Resource Bancorp, San Francisco, California -- to become a bank holding company by acquiring New Resource Bank, San Francisco.
- Approved, September 27, 2017
CBB Bancorp, Inc., Dover, Delaware -- to become a bank holding company by acquiring Commonwealth Business Bank, Los Angeles, California.
- Approved, July 19, 2017
Farmers & Merchants Bancorp, Lodi, California -- to acquire shares of Bank of Rio Vista, Rio Vista.
- Approved, July 3, 2017
Wells Fargo & Company, San Francisco, California -- to acquire certain subsidiaries from its bank, Wells Fargo Bank, N.A., Sioux Falls, South Dakota, and thereby engage in investment advisory activities.
- Approved, June 22, 2017
California BanCorp, Lafayette, California -- to become a bank holding company by acquiring California Bank of Commerce, Lafayette.
- Approved, May 30, 2017
River Valley Community Bancorp, Yuba City, California -- to become a bank holding company by acquiring River Valley Community Bank, Yuba City.
- Approved, May 19, 2017
Community Bancorp of Santa Maria, Santa Maria, California -- to become a bank holding company by acquiring Community Bank of Santa Maria, Santa Maria.
- Approved, April 28, 2017
Feather River Bancorp, Inc., Dover, Delaware -- to become a bank holding company by acquiring Bank of Feather River, Yuba City, California.
- Approved, April 28, 2017
BayCom Corp, Walnut Creek, California -- to merge with First ULB Corp., Oakland, and thereby indirectly acquire its subsidiary, United Business Bank, F.S.B.; and for Bay Commercial Bank, Walnut Creek, to merge with United Business Bank and thereby acquire branches.
- Approved, March 30, 2017
Carpenter Bank Partners, Inc., et al., Irvine, California -- to acquire shares of Pacific Premier Bancorp, Irvine, and indirectly to acquire Pacific Premier Bank.
- Approved, March 10, 2017
Hope Bancorp, Inc., Los Angeles, California -- to retain shares of Broadway Financial Corporation, Los Angeles, a savings and loan holding company, and its subsidiary, Broadway Federal Bank, F.S.B.
- Approved, February 3, 2017
Bank Mergers
United Business Bank, Walnut Creek, California -- to acquire and merge with Plaza Bank, Seattle, Washington.
- Approved, September 11, 2017
Seacoast Commerce Bank, San Diego, California -- to merge with Capital Bank, San Juan Capistrano, and thereby acquire two branches.
- Approved, June 23, 2017
Change In Bank Control
Montecito Bancorp, Santa Barbara, California -- to retain control of Montecito Bancorp and its subsidiary, Montecito Bank & Trust, Santa Barbara.
- Permitted, October 30, 2017
CommerceWest Bank, Irvine, California -- change in bank control of CommerceWest Bank, Irvine.
- Permitted, July 7, 2017
First Financial Northwest, Inc., Renton, Washington -- change in bank control of First Financial Northwest, Inc., and its subsidiary, First Financial Northwest Bank, Renton.
- Permitted, April 13, 2017
Wells Fargo & Company, San Francisco, California -- change in bank control of Wells Fargo & Company and its subsidiary banks.
- Withdrawn, April 11, 2017
NHB Holdings, Inc., Cottonwood Heights, Utah -- to retain control of NHB Holdings, Inc., and its subsidiary, Proficio Bank, Cottonwood Heights.
- Withdrawn, January 18, 2017
First Financial Northwest, Inc., Renton, Washington -- to retain control of First Financial Northwest, Inc., and its subsidiary, First Financial Northwest Bank, Renton.
- Withdrawn, January 13, 2017
Extensions Of Time
Seacoast Commerce Bank, San Diego, California -- extension to October 23, 2017, to merge with Capital Bank, San Juan Capistrano, and thereby acquire two branches.
- Granted, September 13, 2017
CLSA Capital Partners Limited, Hong Kong SAR, People's Republic of China -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
- Granted, June 20, 2017
Bank of Stockton, Stockton, California -- request for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
- Granted, March 22, 2017
Zions Bancorporation, Salt Lake City, Utah; Cathay General Bancorp, Los Angeles, California; and PacWest Bancorp -- three requests for an extended transition period to conform investments in certain illiquid funds under the Volcker Rule.
- Granted, February 27, 2017
Banks, State Member
Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
- Withdrawn, February 24, 2017
East West Bank, Pasadena, California -- to make a public welfare investment.
- Withdrawn, January 26, 2017
Financial Holding Companies
Mission Bancorp, Bakersfield, California -- election to become a financial holding company.
- Effective, June 23, 2017
Savings and Loan Holding Companies
The Charles Schwab Corporation, San Francisco, California -- to acquire Nordstrom FSB, Scottsdale, Arizona.
- Approved, October 30, 2017

Last Update: December 14, 2017