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

Bank Branches, Domestic
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
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
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- Withdrawn, May 16, 2018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
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
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

Last Update: June 14, 2018