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

Bank Branches, Domestic
Bank Independent, Sheffield, Alabama -- to establish a branch at 225 Holmes Avenue, Huntsville.
- Withdrawn, August 27, 2020
Regions Bank, Birmingham, Alabama -- to establish branches at the southeast corner of the intersection of Bellaire Boulevard and Texas Highway 6, Houston, Texas; Kuykendahl Road, near the intersection with Flintridge Road, The Woodlands; Veterans Memorial Boulevard, east of Clearview Parkway, Metairie, Louisiana; and the intersection of U.S. Highway 1 and SW 124th Street, Miami, Florida.
- Approved, August 7, 2020
BBVA USA, Birmingham, Alabama -- to establish branches at 15701 Wallisville Road, Houston, Texas; 7414 South Sam Houston Parkway West; 12230 West Lake Houston Parkway; 2503 Farm to Market 1969 Road East; 6626 West Loop 1604 North, San Antonio; 7119 Custer Road, McKinney; 2892 West Grand Parkway South, Richmond; 902 West Pioneer Parkway, Grand Prairie; 13105 Louetta Road, Cypress; 4600 Farm to Market 2181 (also known as Swisher Road), Hickory Creek; 722 U.S. Highway 79 West, Hutto; 651 North I-35BL, New Braunfels; 1010 Katy Fort Bend Road, Katy; 9615 Spring Green Boulevard; and 8900 South Congress Avenue, Austin.
- Approved, June 5, 2020
Capital City Bank, Tallahassee, Florida -- to establish a branch at 116 M.C. Davis Boulevard, Santa Rosa Beach.
- Approved, May 22, 2020
Bank Independent, Sheffield, Alabama -- to establish a branch at 200 North Commons Street East, Tuscumbia.
- Approved, May 21, 2020
Regions Bank, Birmingham, Alabama -- to establish a branch at the intersection of Beasley Drive and Remington Drive, Dickson, Tennessee.
- Approved, April 16, 2020
Regions Bank, Birmingham, Alabama -- to establish branches at East State Road 70, east of Lakewood Ranch Boulevard, Bradenton, Florida; 1700 Alton Road, Miami Beach; the intersection of New Independence Parkway and Hamlin Groves Trail, Orlando; Old Spanish Trail, west of Kirby Drive, Houston, Texas; and 3330 Ridge Road, Buford, Georgia.
- Approved, April 10, 2020
SmartBank, Pigeon Forge, Tennessee -- to establish a branch at 2108 Medical Center Parkway, Murfreesboro.
- Approved, April 10, 2020
SmartBank, Pigeon Forge, Tennessee -- to establish a branch at 109 Associates Boulevard, Alcoa.
- Approved, March 5, 2020
First Home Bank, St. Petersburg, Florida -- to establish a branch at 2700 North Macdill Avenue, Tampa.
- Approved, February 3, 2020
Regions Bank, Birmingham, Alabama -- to establish branches in Mableton, Georgia; Houston, Texas; Missouri City; and Conroe.
- Approved, January 28, 2020
Franklin Synergy Bank, Franklin, Tennessee -- to establish a mobile branch to serve Davidson, Maury, Rutherford, Williamson, and Wilson counties.
- Approved, January 2, 2020
Bank Holding Companies
BCI Financial Group, Inc., Miami, Florida; Empresas Juan Yarur SpA, Santiago, Chile; and Banco de Credito e Inversiones S.A. -- to acquire Executive National Bank, Miami, Florida.
- Approved, September 17, 2020
FB Financial Corporation, Nashville, Tennessee -- through its subsidiary, FirstBank, Nashville, to indirectly acquire Franklin Financial Network, Inc., Franklin, and Franklin Synergy Bank.
- Approved, July 31, 2020
Anchor Bankshares, Inc., Palm Beach Gardens, Florida -- to become a bank holding company by acquiring shares of Anchor Bank, Palm Beach Gardens.
- Approved, July 30, 2020
St. Holdings, Inc., Orlando, Florida -- to become a bank holding company by acquiring shares of Rochelle State Bank, Rochelle, Georgia.
- Withdrawn, July 30, 2020
Heritage Financial Corporation, Columbia, Tennessee -- to become a bank holding company by acquiring shares of Heritage Bank and Trust, Columbia.
- Approved, July 23, 2020
IFB Bancorp, Inc., Miami, Florida -- to become a bank holding company by acquiring International Finance Bank, Miami.
- Approved, June 29, 2020
United Community Banks, Inc., Blairsville, Georgia -- waiver of application to acquire Three Shores Bancorporation, Inc., Orlando, Florida, and Seaside National Bank and Trust (Seaside), in connection with the merger of Seaside with and into United Community Bank, Blairsville.
- Granted, June 25, 2020
Beach Bancorp, Inc., Fort Walton Beach, Florida -- to become a bank holding company by acquiring shares of Beach Community Bank, Fort Walton Beach.
- Approved, June 19, 2020
South State Corporation, Columbia, South Carolina -- to acquire and merge with CenterState Bank Corporation, Winter Haven, Florida, and thereby acquire CenterState Bank, N.A.; and to relocate its headquarters to Winter Haven.
- Approved, May 21, 2020
Business First Bancshares, Inc., Baton Rouge, Louisiana -- to merge with Pedestal Bancshares, Inc., Houma, and thereby acquire its subsidiary, Pedestal Bank.
- Approved, April 8, 2020
Seacoast Banking Corporation of Florida, Stuart, Florida -- waiver of application to merge with Fourth Street Banking Company, Saint Petersburg, and Freedom Bank, in connection with the merger of Freedom Bank with and into Seacoast National Bank, Stuart.
- Granted, April 2, 2020
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.
- Approved, March 26, 2020
The First Bancshares, Inc., Hattiesburg, Mississippi -- waiver of application to acquire Southwest Georgia Financial Corporation, Moultrie, Georgia, and Southwest Georgia Bank (Bank), in connection with the merger of Bank with and into The First, A National Banking Association, Hattiesburg.
- Granted, March 23, 2020
Pinnacle Financial Corporation, Elberton, Georgia -- to merge with SBT Bancorp, Inc., Clarkesville, and thereby acquire Southern Bank & Trust.
- Approved, February 18, 2020
OFB Bancshares, Inc., Orlando, Florida -- to become a bank holding company by acquiring One Florida Bank, Orlando.
- Approved, January 29, 2020
SmartFinancial, Inc., Knoxville, Tennessee -- waiver of application to merge with Progressive Financial Group, Inc., Jamestown, in connection with the merger of Progressive Savings Bank with and into SmartBank, Pigeon Forge, Tennessee.
- Granted, January 15, 2020
Unified Shares, LLC, Harrogate, Tennessee; Robertson Holding Company, L.P.; and Commercial Bancgroup, Inc. -- waiver of application to acquire First National London Bankshares Corp., London, Kentucky, and thereby acquire First National Bank and Trust (FNBT), in connection with the merger of FNBT with and into Commercial Bank, Harrogate.
- Granted, January 6, 2020
Bank Mergers
SmartBank, Pigeon Forge, Tennessee -- to merge with Progressive Savings Bank, Jamestown, and thereby establish branches.
- Approved, January 15, 2020
Reliant Bank, Brentwood, Tennessee -- to merge with First Advantage Bancorp, Clarksville, and thereby establish branches.
- Approved, January 9, 2020
Commercial Bank, Harrogate, Tennessee -- to merge with First National Bank and Trust, London, Kentucky, and thereby establish branches.
- Approved, January 6, 2020
Change In Bank Control
Red River Bancshares, Inc., Alexandria, Louisiana -- change in bank control of Red River Bancshares, Inc., and its subsidiary, Red River Bank, Alexandria.
- Permitted, April 17, 2020
Persons Banking Co., Inc., Macon, Georgia -- to retain control of Persons Banking Co., Inc., and its subsidiary, Persons Banking Company, Forsyth.
- Permitted, March 30, 2020
Peoples Bankshares, Inc., Eatonton, Georgia -- change in bank control of Peoples Bankshares, Inc., and its subsidiary, The Peoples Bank, Eatonton.
- Permitted, March 23, 2020
CBOS Bankshares, Inc., Merritt Island, Florida -- to retain control of CBOS Bankshares, Inc., and its subsidiary, Community Bank of the South, Merritt Island.
- Permitted, March 23, 2020
Extensions Of Time
Regions Bank, Birmingham, Alabama -- extension to June 1, 2020, to establish a branch at the intersection of Cypress Creek Parkway and T.C. Jester Boulevard, Houston, Texas.
- Granted, February 27, 2020
Banks, State Member
BBVA USA, Birmingham, Alabama -- to make a public welfare investment.
- Approved, June 12, 2020
BBVA USA, Birmingham, Alabama -- to make certain public welfare investments.
- Approved, May 15, 2020
BBVA USA, Birmingham, Alabama -- to make a public welfare investment.
- Approved, April 23, 2020
BBVA USA, Birmingham, Alabama -- to make certain public welfare investments.
- Approved, April 3, 2020
BBVA USA, Birmingham, Alabama -- to make certain public welfare investments.
- Approved, February 14, 2020
Financial Holding Companies
FB Financial Corporation, Nashville, Tennessee -- election to become a financial holding company.
- Effective, July 31, 2020
Beach Bancorp, Inc., Fort Walton Beach, Florida -- election to become a financial holding company.
- Effective, June 19, 2020
South State Corporation, Columbia, South Carolina -- election to become a financial holding company.
- Effective, May 21, 2020
Business First Bancshares, Inc., Baton Rouge, Louisiana -- election to become a financial holding company.
- Effective, April 8, 2020
FSB, LLC, Florence, Alabama -- election to become a financial holding company.
- Effective, February 18, 2020
OFB Bancshares, Inc., Orlando, Florida -- election to become a financial holding company.
- Effective, January 29, 2020
Savings and Loan Holding Companies
Cullman Bancorp, Inc., Cullman, Alabama -- to conduct a minority stock issuance.
- Approved, July 21, 2020
  • 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: September 24, 2020