Actions taken by the Federal Reserve Bank of Atlanta under delegated authority

Bank Branches, Domestic
SunTrust Bank, Atlanta, Georgia -- to establish branches at 2275 Marietta Boulevard NW, Atlanta, and 13620 Capital Boulevard, Wake Forest, North Carolina.
- Approved, December 7, 2017
Reliant Bank, Brentwood, Tennessee -- to establish branches at 633 Chestnut Street, Chattanooga, and 1835 East Northfield Boulevard, Murfreesboro.
- Approved, November 14, 2017
Commercial Bank, Harrogate, Tennessee -- to establish a branch at 225 West 1st North Street, Morristown.
- Approved, October 26, 2017
First Home Bank, Seminole, Florida -- to establish a branch at 2028 Liberty Road, Eldersburg, Maryland.
- Approved, October 20, 2017
Franklin Synergy Bank, Franklin, Tennessee -- to establish a branch at 1605 Medical Center Parkway, Murfreesboro.
- Approved, October 18, 2017
First Home Bank, Seminole, Florida -- to establish a branch at 2520 Countryside Boulevard, Clearwater.
- Approved, October 3, 2017
SunTrust Bank, Atlanta, Georgia -- to establish branches at 2600 Old Milton Parkway, Alpharetta; 2627 Creighton Road, Pensacola, Florida; and 2410 FL-100, Flagler Beach (three applications).
- Approved, August 18, 2017
Synovus Bank, Columbus, Georgia -- to establish a branch at 702 St. Sebastian Way, Augusta.
- Approved, August 10, 2017
Flagler Bank, West Palm Beach, Florida -- to establish a branch at 606 North Olive Avenue, West Palm Beach.
- Approved, June 29, 2017
SunTrust Bank, Atlanta, Georgia -- to establish branches at 12198 University City Boulevard, Harrisburg, North Carolina; the intersection of Chamberlayne Avenue and Atlee Road, Mechanicsville, Virginia; 160 Purcellville Gateway Drive, Purcellville; 655 Paul Huff Parkway NW, Cleveland, Tennessee; and 230 Dr. Martin Luther King Jr. Parkway, Morristown (five applications).
- Approved, June 16, 2017
Bank Independent, Sheffield, Alabama -- to establish a branch at the northwest corner of Nance Road and Highway 72, Madison.
- Approved, May 12, 2017
SunTrust Bank, Atlanta, Georgia -- to establish a branch at 6723 Fox Centre Parkway, Gloucester, Virginia.
- Approved, April 11, 2017
Commercial Bank, Harrogate, Tennessee -- to establish a branch at 1440 Cumberland Falls Parkway, Corbin, Kentucky.
- Approved, March 30, 2017
Synovus Bank, Columbus, Georgia -- to establish branches at 3400 Overton Park Drive, Atlanta, and 144 Moreland Avenue.
- Approved, March 10, 2017
SunTrust Bank, Atlanta, Georgia -- to establish the Sugarloaf Marketplace Office at 2260 Peachtree Industrial Boulevard, Duluth.
- Approved, February 3, 2017
Professional Bank, Coral Gables, Florida -- to establish a branch at 5100 PGA Boulevard, Palm Beach Gardens.
- Approved, January 31, 2017
Bank Holding Companies
Commerce Union Bancshares, Inc., Brentwood, Tennessee -- to merge with Community First, Inc., Columbia, and thereby directly acquire Community First Bank & Trust; and for Commerce Union Bancshares' subsidiary bank, Reliant Bank, Brentwood, to merge with Community First Bank & Trust and thereby acquire branches.
- Approved, November 28, 2017
Lakeside Bancshares, Inc., Lake Charles, Louisiana -- to become a bank holding company by acquiring Lakeside Bank, Lake Charles.
- Approved, November 27, 2017
FSB, LLC, Florence, Alabama -- to become a bank holding company by acquiring First Southern Bancshares, Inc., Florence, and First Southern Bank.
- Approved, October 24, 2017
Investar Holding Corporation, Baton Rouge, Louisiana -- to merge with BOJ Bancshares, Inc., Jackson, and thereby acquire The Highlands Bank.
- Approved, October 20, 2017
Seacoast Banking Corporation of Florida, Stuart, Florida -- to merge with NorthStar Banking Corporation, Tampa, and thereby acquire NorthStar Bank.
- Approved, October 4, 2017
SmartFinancial, Inc., Knoxville, Tennessee -- to merge with Capstone Bancshares, Inc., Tuscaloosa, Alabama, and thereby indirectly acquire Capstone Bank; and for SmartBank, Pigeon Forge, Tennessee, to merge with Capstone Bank, Tuscaloosa, and thereby acquire branches.
- Approved, September 21, 2017
United Community Banks, Inc., Blairsville, Georgia -- to merge with Four Oaks Fincorp, Inc., Four Oaks, North Carolina, and thereby acquire Four Oaks Bank & Trust Company.
- Approved, August 28, 2017
BOLC Corp., Fayetteville, Tennessee -- to become a bank holding company by acquiring Bank of Lincoln County, Fayetteville.
- Approved, August 25, 2017
WB&T Bankshares, Inc., Waycross, Georgia -- to acquire Pelham Banking Company, Pelham.
- Approved, August 7, 2017
Charter Financial Corporation, West Point, Georgia -- for Charter Financial Corporation, a savings and loan holding company, to become a bank holding company for a moment in time by merging with Resurgens Bancorp, Tucker, and thereby acquiring Resurgens Bank; to retain ownership of CharterBank, West Point, for the moment in time that it is a bank holding company and thereby engage in operating a savings association; and to become a savings and loan holding company after the merger of Resurgens Bank with and into CharterBank.
- Approved, August 3, 2017
Trinity Bancorp, Inc., Dothan, Alabama -- to become a bank holding company by acquiring Trinity Bank, Dothan.
- Approved, August 2, 2017
Axiom Bancshares, Inc., Maitland, Florida -- to become a bank holding company on conversion of Axiom Bank, FSB, Maitland, from a federal savings bank to a national bank.
- Approved, July 14, 2017
FB Financial Corporation, Nashville, Tennessee -- through its subsidiary, FirstBank, Nashville, to acquire Clayton Bank and Trust, Knoxville, and American City Bank of Tullahoma, Tullahoma.
- Approved, June 29, 2017
Clayton HC, Inc., Knoxville, Tennessee -- to acquire an interest in FB Financial Corporation, Nashville, and its subsidiary, FirstBank, in connection with the sale by Clayton HC of Clayton Bank and Trust, Knoxville, and American City Bank of Tullahoma, Tullahoma, to FirstBank.
- Withdrawn, June 21, 2017
United Community Banks, Inc., Blairsville, Georgia -- to merge with HCSB Financial Corporation, Loris, South Carolina, and its subsidiary, Horry County State Bank.
- Approved, June 12, 2017
Piedmont Bancorp, Inc., Norcross, Georgia -- to merge with Mountain Valley Bancshares, Inc., Cleveland, and thereby acquire Mountain Valley Community Bank.
- Approved, June 6, 2017
Sunrise Bancshares, Inc., Cocoa Beach, Florida -- to become a bank holding company by acquiring Sunrise Bank, Cocoa Beach.
- Approved, June 1, 2017
FNBMD Bancshares, Inc., Mount Dora, Florida -- to become a bank holding company by acquiring The First National Bank of Mount Dora, Mount Dora.
- Approved, May 30, 2017
Investar Holding Corporation, Baton Rouge, Louisiana -- to merge with Citizens Bancshares, Inc., Ville Platte, and thereby acquire Citizen's Bank.
- Approved, May 25, 2017
Noble Bancshares, Inc., Anniston, Alabama -- to become a bank holding company by acquiring NobleBank & Trust, Anniston.
- Approved, April 6, 2017
Intracoastal Bancorp, Inc., Daytona Beach, Florida -- to become a bank holding company by acquiring Intracoastal Bank, Palm Coast.
- Approved, March 20, 2017
Pinnacle Financial Partners, Inc., Nashville, Tennessee -- to merge with BNC Bancorp, High Point, North Carolina, and its subsidiary, Bank of North Carolina, Thomasville.
- Approved, March 20, 2017
Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan, Brandon, Mississippi -- to acquire additional shares of Community Bancshares of Mississippi, Inc., Brandon, and thereby indirectly acquire Community Bank of Mississippi, Forest; Community Bank of Ellisville, Ellisville; Community Bank of North Mississippi, Amory; Community Bancshares Coast, Inc., Brandon; and Community Bank Coast, Biloxi.
- Approved, March 9, 2017
Peoples Independent Bancshares, Inc., Boaz, Alabama -- to acquire Horizon Bank, Fyffe; and for Peoples Independent Bank, Boaz, to become a bank holding company by acquiring Horizon Bank.
- Approved, February 21, 2017
Marine Bancorp of Florida, Inc., Vero Beach, Florida -- to become a bank holding company by acquiring Marine Bank & Trust Company, Vero Beach.
- Approved, January 31, 2017
First IC Corporation, Doraville, Georgia -- to become a bank holding company by acquiring First Intercontinental Bank, Doraville.
- Approved, January 17, 2017
Peach State Bancshares, Inc., Gainesville, Georgia -- to become a bank holding company by acquiring Peach State Bank & Trust, Gainesville.
- Approved, January 11, 2017
Bank Mergers
Citizens Trust Bank, Atlanta, Georgia -- to purchase the assets and assume the liabilities of the 562 Lee Street, Atlanta, branch of First Citizens Bank and Trust, Raleigh, North Carolina.
- Approved, June 12, 2017
SmartBank, Pigeon Forge, Tennessee -- to purchase the assets and assume the liabilities of a branch of Atlantic Capital Bank, N.A., Chattanooga, at 3200 Keith Street NW, Cleveland.
- Approved, January 27, 2017
Change In Bank Control
Citizens Corporation, Eastman, Georgia -- to retain control of Citizens Corporation and its subsidiary, Citizens Bank & Trust Company, Eastman.
- Permitted, December 5, 2017
Tennessee State Bancshares, Inc., Pigeon Forge, Tennessee -- change in bank control of Tennessee State Bancshares, Inc., and its subsidiary, Tennessee State Bank, Pigeon Forge.
- Withdrawn, November 15, 2017
Jeanerette First National Bancorp, Inc., Jeanerette, Louisiana -- change in bank control of Jeanerette First National Bancorp, Inc., and its subsidiary, The First National Bank of Jeanerette, Jeanerette.
- Permitted, November 14, 2017
PriorityOne Capital Corporation, Magee, Mississippi -- to retain control of PriorityOne Capital Corporation and its subsidiary, PriorityOne Bank, Magee.
- Permitted, November 14, 2017
SNB Holdings, Inc., Slocomb, Alabama -- to retain control of SNB Holdings, Inc., and its subsidiary, Friend Bank, Slocomb.
- Permitted, October 27, 2017
NorthSide Bancshares, Inc., Adairsville, Georgia -- to retain control of NorthSide Bancshares, Inc., and its subsidiary, NorthSide Bank, Adairsville.
- Permitted, October 26, 2017
ABB Financial Group, Inc., Atlanta, Georgia -- change in bank control of ABB Financial Group, Inc., and its subsidiary, Affinity Bank, Atlanta.
- Permitted, October 16, 2017
East Alabama Financial Group, Inc., Wedowee, Alabama -- to retain control of East Alabama Financial Group, Inc., and its subsidiary, Small Town Bank, Wedowee.
- Permitted, August 23, 2017
CCF Holding Company, Jonesboro, Georgia -- change in bank control of CCF Holding Company and its subsidiary, Heritage Bank, Jonesboro.
- Permitted, July 13, 2017
First IC Corporation, Doraville, Georgia -- change in bank control of First IC Corporation and its subsidiary, First IC Bank, Atlanta.
- Permitted, July 5, 2017
LBC Bancshares, Inc., LaGrange, Georgia -- to retain control of LBC Bancshares, Inc., and its subsidiary, Calumet Bank, LaGrange.
- Permitted, June 9, 2017
WB&T Bankshares, Inc., Waycross, Georgia -- change in bank control of WB&T Bankshares, Inc. and its subsidiaries, Waycross Bank & Trust, Waycross; Guardian Bank, Valdosta; and South Coast Bank & Trust, Brunswick.
- Permitted, February 23, 2017
One South Financial, Inc., Blakely, Georgia -- to retain control of One South Financial, Inc., and its subsidiaries, Bank of Early, Blakely, and One South Bank, Chipley, Florida.
- Permitted, January 30, 2017
Extensions Of Time
Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan, Brandon, Mississippi -- extension to December 9, 2017, to acquire additional shares of Community Bancshares of Mississippi, Inc., Brandon, and thereby indirectly acquire its subsidiaries: Community Bank of Mississippi, Forest; Community Bank of Ellisville, Ellisville; Community Bank of North Mississippi, Amory; Community Bancshares Coast, Inc., Brandon; and Community Bank Coast, Biloxi.
- Granted, August 30, 2017
First Farmers and Merchants Bank, Columbia, Tennessee -- extension to October 20, 2017, to establish a branch at 5020 Harpeth Drive, Brentwood.
- Granted, July 5, 2017
Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan, Brandon, Mississippi -- extension to September 9, 2017, to acquire additional shares of Community Bancshares of Mississippi, Inc., Brandon, and thereby indirectly acquire Community Bank of Mississippi, Forest; Community Bank of Ellisville, Ellisville; Community Bank of North Mississippi, Amory; Community Bancshares Coast, Inc., Brandon; and Community Bank Coast, Biloxi.
- Granted, June 9, 2017
Compass Bank, Birmingham, Alabama -- extension to June 17, 2018, to establish a branch at 5900 Quebec Street, Fort Worth, Texas.
- Granted, May 18, 2017
First Farmers and Merchants Bank, Columbia, Tennessee -- extension to July 21, 2017, to establish a branch at 5020 Harpeth Drive, Brentwood.
- Granted, April 5, 2017
SmartBank, Pigeon Forge, Tennessee -- extension to July 27, 2017, to purchase the assets and assume the liabilities of the Cleveland branch of Atlantic Capital Bank, N.A., Chattanooga.
- Granted, February 15, 2017
Membership
HomeBanc, Tampa, Florida -- to become a member of the Federal Reserve System.
- Approved, April 6, 2017
Banks, State Member
Compass Bank, Birmingham, Alabama -- to make certain public welfare investments.
- Approved, November 20, 2017
Compass Bank, Birmingham, Alabama -- to make certain public welfare investments.
- Approved, October 24, 2017
Compass Bank, Birmingham, Alabama -- to make certain public welfare investments.
- Approved, March 14, 2017
Financial Holding Companies
First Guaranty Bancshares, Inc., Hammond, Louisiana, and Smith & Hood Holding Company, LLC, Amite -- election to become financial holding companies.
- Effective, October 12, 2017
First Bank Shares of the South East, Inc., Alma, Georgia -- election to become a financial holding company.
- Effective, February 21, 2017
Savings and Loan Holding Companies
Southeastern Bancorp, Inc. (Southeastern), Dickson, Tennessee -- (1) to become a bank holding company by merging with Cumberland Bancorp Inc., Clarksville, and thereby acquiring Cumberland Bank & Trust; (2) to retain ownership of First Federal Bank, Dickson, for the time that Southeastern is a bank holding company and thereby engage in operating a savings association; and (3) to convert back to a savings and loan holding company after the merger of Cumberland Bank & Trust with and into First Federal Bank.
- Approved, December 8, 2017
Heritage NOLA Bancorp, Inc., Covington, Louisiana -- to become a savings and loan holding company by acquiring Heritage Bank of St. Tammany, Covington, in connection with the mutual-to-stock conversion of Heritage Bank of St. Tammany.
- Approved, April 25, 2017
Community First Bancshares, MHC, Covington, Georgia -- for Community First Bancshares, MHC, to become a mutual savings and loan holding company and for Community First Bancshares, Inc., Covington, to become a mid-tier stock savings and loan holding company by acquiring Newton Federal Bank, in connection with its conversion from mutual to stock form.
- Approved, February 10, 2017
  • Any views expressed herein are not necessarily those of this Bank or the Federal Reserve System. Please send comments or questions to webmaster@frbatlanta.org.

Last Update: December 14, 2017