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

Bank Branches, Domestic
Capital City Bank, Tallahassee, Florida -- to establish a branch at 10000 PCB Parkway, Panama City Beach.
- Approved, October 10, 2019
Regions Bank, Birmingham, Alabama -- to establish branches at 6002 Heartland Drive, Whitestown, Indiana; the intersection of U.S. Highway 59 South and FM 762 (Thompson Road), Rosenberg, Texas; Johnson Ferry Road N.E., west of Ashford Dunwoody Road N.E., Atlanta, Georgia; Spout Springs Road, south of Friendship Road, Flowery Branch; the intersection of Terrell Mill Road S.E. and Powers Ferry Road S.E., Marietta; Goodman Road, east of Horn Lake Road, Horn Lake, Mississippi; 1900 North 18th Street, Monroe, Louisiana; Austin Peay Highway, southwest of New Covington Pike, Memphis, Tennessee; and West Lockwood Avenue, west of North Elm Avenue, Webster Groves, Missouri.
- Approved, September 6, 2019
SunTrust Bank, Atlanta, Georgia -- to establish branches at 11620 Gladiolus Drive, Fort Myers, Florida; 1045 5th Street, Miami Beach; 3012 U.S. Highway 27 South, Sebring; 43340 Van Geison Terrace, Ashburn, Virginia; and 6244A Little River Turnpike, Alexandria.
- Approved, June 28, 2019
Regions Bank, Birmingham, Alabama -- to establish a branch at 8182 Maryland Avenue, Clayton, Missouri.
- Approved, April 26, 2019
SunTrust Bank, Atlanta, Georgia -- to establish a mobile branch at 4111 New Bern Avenue, Raleigh, North Carolina.
- Withdrawn, April 19, 2019
SunTrust Bank, Atlanta, Georgia -- to establish branches at 6308 Falls of Neuse Road, Raleigh, North Carolina; 126 West Center Avenue, Sebring, Florida; 520 17th Street NW, Atlanta; 6707-A Ritchie Highway, Baltimore, Maryland; and mobile branches at 5750 NW 183rd Street, Hialeah, Florida, and 2520 NW Sixth Street, Fort Lauderdale.
- Approved, March 21, 2019
Regions Bank, Birmingham, Alabama -- to establish branches at the southwest corner of SW Railroad Avenue and Hewitt Road, Hammond, Louisiana; Grand Parkway and Manderson Avenue, Richmond, Texas; 17465 Spring Cypress, Cypress; Gessner Road and Kempwood Drive, Houston; the intersection of Cypress Creek Parkway and T.C. Jester Boulevard; 1502 Eldridge Parkway; the corner of University Boulevard and LJ Parkway, Sugarland; the southeast corner of West Center Street and Clinchfield Street, Kingsport, Tennessee; and the intersection of Brook Hollow Road and Charlotte Pike, Nashville.
- Approved, March 1, 2019
Anchor Commercial Bank, Juno Beach, Florida -- to establish a branch at 1180 North Federal Highway, Boca Raton.
- Approved, January 28, 2019
Commercial Bank, Harrogate, Tennessee -- to establish a branch at 5500 Maryland Way, Brentwood.
- Approved, January 28, 2019
Bank Holding Companies
IFB Bancorp, Inc., Miami, Florida -- to become a bank holding company by acquiring International Finance Bank, Miami.
- Withdrawn, September 18, 2019
West Florida Bank Corporation, Palm Harbor, Florida -- to become a bank holding company by acquiring Flagship Community Bank, Clearwater.
- Approved, September 13, 2019
River Financial Corporation, Prattville, Alabama -- waiver of application to merge with Trinity Bancorp, Inc., Dothan, and thereby acquire Trinity Bank, in connection with the merger of Trinity Bank with and into River Bank and Trust, Prattville.
- Granted, September 5, 2019
First Guaranty Bancshares, Inc., Hammond, Louisiana -- to merge with Union Bancshares, Incorporated, Marksville, and thereby indirectly acquire The Union Bank.
- Withdrawn, August 19, 2019
Southern States Bancshares, Inc., Anniston, Alabama -- to merge with East Alabama Financial Group, Inc., Wedowee, and thereby directly acquire Small Town Bank.
- Approved, August 9, 2019
First Chatsworth Bankshares, Inc., Chatsworth, Georgia -- to merge with NorthSide Bancshares, Inc., Adairsville, and thereby acquire NorthSide Bank.
- Approved, August 1, 2019
LexPark Holdings - STC, LLC, Orlando, Florida; SouthernTrust Group, LP; and SouthernTrust Holdings, Inc. -- to acquire shares of First City Bank of Florida, Fort Walton Beach.
- Withdrawn, July 19, 2019
Southern States Bancshares, Inc., Anniston, Alabama -- waiver of application to merge with Alabama Financial Group, Inc., Wedowee, and its subsidiary, Small Town Bank.
- Withdrawn, June 17, 2019
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 its subsidiary, Community Bank of Mississippi, Forest.
- Approved, April 19, 2019
NB Holdings, LLC, Huntsville, Alabama -- to acquire shares of Citizens Bancorporation, Inc., Valley Head, and its subsidiary, The Citizens Bank of Valley Head.
- Approved, March 26, 2019
Commerce National Bankshares of Florida, Inc., Winter Park, Florida -- to engage indirectly in trust activities through its newly formed nonbank subsidiary, Trivergent Trust Company, LLC.
- Approved, January 29, 2019
B.P.C. Corporation, Cookeville, Tennessee -- to merge with CFB Bancshares, Inc., Wartburg, and thereby acquire Citizens First Bank.
- Approved, January 8, 2019
Change In Bank Control
First Dozier Bancshares, Inc., Dozier, Alabama -- change in bank control of First Dozier Bancshares, Inc., and its subsidiary, First National Bank of Dozier, Dozier.
- Permitted, September 30, 2019
First Bank Shares of the South East, Inc., Alma, Georgia -- to retain control of First Bank Shares of the South East, Inc., and its subsidiary, FNB South (formerly known as First National Bank South), Alma.
- Permitted, September 12, 2019
Tennessee State Bancshares, Inc., Pigeon Forge, Tennessee -- change in bank control of Tennessee State Bancshares, Inc., and its subsidiary, Tennessee State Bank, Pigeon Forge.
- Permitted, August 15, 2019
Merit Holdings, LLC, Huntsville, Alabama -- to retain control of Merit Holdings, LLC, and its subsidiary, Merit Bank, Huntsville.
- Permitted, July 19, 2019
Red River Bancshares, Inc., Alexandria, Louisiana -- change in bank control of Red River Bancshares, Inc., and its subsidiary, Red River Bank, Alexandria.
- Permitted, March 25, 2019
CCB Bancshares, Inc., Hahira, Georgia -- to retain control of CCB Bancshares, Inc., and its subsidiary, Citizens Community Bank, Hahira.
- Permitted, March 19, 2019
Hazlehurst Investors, Inc., Hazlehurst, Georgia -- to retain control of Hazlehurst Investors, Inc., and its subsidiary, Bank of Hazlehurst, Hazlehurst.
- Permitted, February 7, 2019
Overton Financial Services, Inc., Livingston, Tennessee -- to retain control of Overton Financial Services, Inc., and its subsidiary, Union Bank and Trust Company, Livingston.
- Permitted, January 25, 2019
Extensions Of Time
Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan, Brandon, Mississippi -- extension to October 19, 2019, to acquire additional shares of Community Bancshares of Mississippi, Inc., Brandon, and thereby indirectly acquire its subsidiary, Community Bank of Mississippi, Forest.
- Granted, July 19, 2019
Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan, Brandon, Mississippi -- extension to April 27, 2019, to acquire additional shares of Community Bancshares of Mississippi, Inc., Brandon, and thereby indirectly acquire Community Bank of Mississippi, Forest.
- Granted, January 24, 2019
Banks, State Member
BBVA USA, Birmingham, Alabama -- to make certain public welfare investments.
- Approved, September 6, 2019
BBVA USA (formerly known as Compass Bank), Birmingham, Alabama -- to make certain public welfare investments.
- Approved, June 28, 2019
Regions Bank, Birmingham, Alabama -- to make a public welfare investment.
- Approved, May 31, 2019
Compass Bank, Birmingham, Alabama -- to make certain public welfare investments.
- Approved, May 10, 2019
SunTrust Bank, Atlanta, Georgia -- to make a public welfare investment.
- Approved, March 29, 2019
Compass Bank, Birmingham, Alabama -- to make a public welfare investment.
- Withdrawn, February 14, 2019
Financial Holding Companies
Colony Bankcorp, Inc., Fitzgerald, Georgia -- election to become a financial holding company.
- Effective, May 21, 2019
Savings and Loan Holding Companies
Eureka Homestead Bancorp, Inc., Metairie, Louisiana -- to become a savings and loan holding company by acquiring Eureka Homestead, Metairie, in connection with the conversion of Eureka Homestead from mutual to stock form.
- Approved, April 26, 2019
  • 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: October 17, 2019