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

Bank Branches, Domestic
Pilot Bank, Tampa, Florida -- to establish a branch at 2180 4th Street N., Petersburg.
- Approved, June 8, 2018
The Brand Banking Company, Lawrenceville, Georgia -- to establish a branch at 485 Fence Road, Dacula.
- Approved, May 23, 2018
SmartBank, Pigeon Forge, Tennessee -- to establish a branch at 710 Dolly Parton Parkway, Sevierville.
- Approved, May 17, 2018
SunTrust Bank, Atlanta, Georgia -- to establish branches at 3139 Highway 278 NE, Covington; 6240 Roswell Road, Atlanta; 4261 The Circle at North Hills Street, Raleigh, North Carolina; 6818 Parker Farm Drive, Wilmington; 1200 Semmes Avenue, Richmond, Virginia; and 13865 Narcoossee Road, Orlando, Florida.
- Approved, May 15, 2018
The Brand Banking Company, Lawrenceville, Georgia -- to establish a branch at 78 North Broad Street, Winder.
- Approved, April 13, 2018
SunTrust Bank, Atlanta, Georgia -- to establish branches at 2958 Aventura Boulevard, Aventura, Florida; 750 Kristine Way, The Villages; and 15700 SW 56th Street, Miami.
- Approved, March 14, 2018
The Brand Banking Company, Lawrenceville, Georgia -- to establish a branch at 78 North Broad Street, Winder.
- Withdrawn, March 2, 2018
Bank Holding Companies
PBD Holdings, LLC, Chattanooga, Tennessee -- to become a bank holding company by acquiring shares of Millennium Bancshares, Inc., Ooltewah, and AB&T Financial Corporation, Gastonia, North Carolina.
- Approved, June 4, 2018
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 bank subsidiary, Community Bank of Mississippi, Forest.
- Approved, April 27, 2018
BOLC Corp., Fayetteville, Tennessee -- to merge with North Alabama Bancshares, Inc., Hazel Green, and thereby acquire North Alabama Bank.
- Approved, April 26, 2018
Heritage First Bancshares, Inc., Rome, Georgia -- to become a bank holding company by acquiring Heritage First Bank, Rome.
- Approved, March 16, 2018
FCB Financial Holdings, Inc., Weston, Florida; Bond Street Management, LLC; and Bond Street Investors, LLC -- to acquire Floridian Community Holdings, Davie, and its subsidiary bank, Floridian Community Bank, and to acquire Floridian Custody Services, Inc., and thereby engage in certain institutional broker-dealer activities.
- Approved, February 5, 2018
Bank Mergers
SmartBank, Pigeon Forge, Tennessee -- to merge with Southern Community Bank, Tullahoma.
- Approved, March 16, 2018
Change In Bank Control
MC Bancshares, Inc., Morgan City, Louisiana -- to retain shares of MC Bancshares, Inc. and its subsidiary, MC Bank & Trust Company, Morgan City.
- Permitted, April 16, 2018
Pinnacle Bank Holding Company, Inc., Orange City, Florida -- change in bank control of Pinnacle Bank Holding Company, Inc., and its subsidiary, Pinnacle Bank, Orange City.
- Permitted, April 9, 2018
First St. Charles Bancshares, Inc., Boutte, Louisiana -- to retain control of First St. Charles Bancshares, Inc., and its subsidiary, First National Bank USA, Boutte.
- Permitted, April 3, 2018
Ocean Bankshares, Inc., Miami, Florida -- to retain control of Ocean Bankshares, Inc., and its subsidiary, Ocean Bank, Miami.
- Permitted, March 27, 2018
Capital City Bank Group, Inc., Tallahassee, Florida -- change in bank control of Capital City Bank Group, Inc., and its subsidiary, Capital City Bank, Tallahassee.
- Permitted, March 22, 2018
SBT Bancshares, Inc., Golden Meadow, Louisiana -- to retain control of SBT Bancshares, Inc., and its subsidiary, State Bank and Trust Company, Golden Meadow.
- Permitted, March 21, 2018
M C Bancshares, Inc., Morgan City, Louisiana -- to retain control of M C Bancshares, Inc., and its subsidiary, M C Bank & Trust Company, Morgan City.
- Withdrawn, March 19, 2018
Community First Bancshares, Inc., New Iberia, Louisiana -- to retain control of Community First Bancshares, Inc., and its subsidiary, Community First Bank, New Iberia.
- Permitted, March 14, 2018
Peoples Bancshares of TN, Inc., Madisonville, Tennessee -- to retain control of Peoples Bancshares of TN, Inc., and its subsidiary, Peoples Bank of East Tennessee, Madisonville.
- Withdrawn, March 2, 2018
Extensions Of Time
Bank Independent, Sheffield, Alabama -- extension to December 31, 2018, to establish a branch at the northwest corner of Nance Road and Highway 72, Madison.
- Granted, May 3, 2018
Franklin Synergy Bank, Franklin, Tennessee -- extension to April 1, 2018, to merge with Civic Bank & Trust, Nashville.
- Granted, March 28, 2018
Banks, State Member
Regions Bank, Birmingham, Alabama -- to make a public welfare investment.
- Withdrawn, January 18, 2018
Financial Holding Companies
Seacoast Banking Corporation of Florida, Stuart, Florida -- election to become a financial holding company.
- Effective, March 22, 2018
Savings and Loan Holding Companies
First Federal Bancorp, Inc., Lake City, Florida, and First Federal Bancorp, MHC -- to reconvert to savings and loan holding companies after acquiring Coastal Banking Company, Inc., Beaufort, South Carolina, a bank holding company, and thereby indirectly acquiring CBC National Bank, Fernandina Beach, Florida.
- Approved, February 26, 2018
  • 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: June 14, 2018