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

Bank Branches, Domestic
Bank Independent, Sheffield, Alabama -- to establish a branch at 930 Old Monrovia Road, Huntsville, Alabama.
- Approved, June 2, 2022
Capital City Bank, Tallahassee, Florida -- to establish a branch at 116 MC Davis Boulevard, Santa Rosa Beach, Florida.
- Approved, April 22, 2022
Anchor Bank, Palm Beach Gardens, Florida -- to establish a branch at 2100 Ponce de Leon Boulevard, Coral Gables, Florida.
- Approved, April 8, 2022
PriorityOne Bank, Magee, Mississippi -- to establish a branch at Calhoun Station Parkway, Gluckstadt, Mississippi.
- Approved, April 7, 2022
Copiah Bank, Hazlehurst, Mississippi -- to establish a branch at 400 U.S. Highway 80, Clinton, Mississippi.
- Approved, March 31, 2022
Regions Bank, Birmingham, Alabama -- to establish branches at 11790 Haynes Bridge Road, Alpharetta, Georgia, and the northeast corner of the intersection of Goose Creek Bypass and Lathram Lane, Franklin, Tennessee.
- Approved, February 25, 2022
Flagler Bank, West Palm Beach, Florida -- to establish a branch at 5255 North Federal Highway, Boca Raton, Florida.
- Approved, February 17, 2022
First National Bank of Picayune, Picayune, Mississippi -- to establish a branch at 16230 Highway 603, Kiln, Mississippi.
- Approved, February 3, 2022
Regions Bank, Birmingham, Alabama -- to establish a mobile branch in the Birmingham-Hoover, Alabama, Core-Based Statistical Area, which includes Jefferson, Shelby, Bibb, Blount, Chilton, and St. Clair counties.
- Approved, January 14, 2022
Bank Holding Companies
Local Bancorp, Inc., Little Rock, Arkansas -- to become a bank holding company by acquiring Red Level Financial Corporation and its subsidiary, The Peoples Bank of Red Level, both of Red Level, Alabama.
- Approved, May 20, 2022
Studio Financial Holdings, Inc., Nashville, Tennessee -- to become a bank holding company by acquiring Studio Bank, Nashville, Tennessee.
- Approved, May 19, 2022
Climate First Bancorp, Inc., Winter Park, Florida -- to become a bank holding company by acquiring outstanding shares of Climate First Bank, St. Petersburg, Florida.
- Approved, April 13, 2022
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, Mississippi.
- Approved, March 21, 2022
Georgia Banking Company, Inc., Atlanta, Georgia -- to merge with Peoples BankTrust, Inc., and thereby indirectly acquire its subsidiary, Peoples Bank & Trust, both of Buford, Georgia.
- Approved, March 4, 2022
Carver Financial Corporation, Savannah, Georgia -- to acquire Alamerica BancCorp, Inc., and thereby indirectly acquire its subsidiary, Alamerica Bank, both of Birmingham, Alabama.
- Approved, February 25, 2022
Raymond James Financial, Inc., St. Petersburg, Florida -- (1) to acquire Tristate Capital Holdings, Inc., and thereby indirectly acquire Tristate Capital Bank, both of Pittsburgh, Pennsylvania, and (2) in connection with this merger, for Macaroon Two LLC, St. Petersburg, Florida, a subsidiary of Raymond James Financial, Inc., to become a bank holding company by merging with Tristate Capital Holdings, Inc., and thereby indirectly acquire Tristate Capital Bank.
- Approved, February 11, 2022
Home Bancorp, Inc., Lafayette, Louisiana -- waiver of application to acquire Friendswood Capital Corporation and thereby indirectly acquire its subsidiary, Texan Bank, National Association, both of Houston, Texas, in connection with the merger of Texan Bank, National Association, with and into Home Bank, National Association, Lafayette, Louisiana.
- Granted, February 4, 2022
Lowndes Bancshares, Inc., Valdosta, Georgia -- (1) to become a bank holding company by acquiring The Citizens National Bank of Quitman, Quitman, Georgia, and (2) to retain Commercial Banking Company, Valdosta, Georgia, and thereby engage in operating a savings association pursuant to section 225.28(b)(4)(ii) of Regulation Y.
- Approved, February 2, 2022
Business First Bancshares, Inc., Baton Rouge, Louisiana -- to merge with Texas Citizens Bancorp, Inc., Pasadena, Texas, and thereby acquire its subsidiary, Texas Citizens Bank, N.A., Pasadena, Texas.
- Approved, January 20, 2022
Fourth Capital Holdings, Inc., Nashville, Tennessee -- to become a bank holding company by acquiring outstanding shares of Fourth Capital Bank, Nashville, Tennessee.
- Approved, January 14, 2022
FSBH Corporation, Bradenton, Florida -- to become a bank holding company by acquiring outstanding shares of First Southern Bank, Waycross, Georgia.
- Approved, January 6, 2022
Change In Bank Control
Clinton Bancshares, Inc., Clinton, Louisiana -- Amanda Ligon Landry, Ethel, Louisiana, to join the Ligon Family Group, a group acting in concert, to acquire voting shares of Clinton Bancshares, Inc., and thereby indirectly acquire voting shares of Landmark Bank, Clinton, Louisiana.
- Permitted, April 29, 2022
Community Bankshares, Inc., LaGrange, Georgia -- Jeremy Francis Gilpin, South Lake Tahoe, California; Jeffrey Alan Smith, Atlanta, Georgia; Thomas H. Greene, Atlanta, Georgia; Joy B. Smith, Cairo, Georgia; and Mark Burgessporter, Duluth, Georgia, as a group acting in concert, to acquire shares and thereby acquire control of Community Bankshares, Inc., LaGrange, Georgia, and its subsidiaries, Community Bank and Trust-West Georgia, LaGrange, Georgia, and Community Bank and Trust-Alabama, Union Springs, Alabama.
- Permitted, February 23, 2022
Peoples Bancshares, Inc., Mendenhall, Mississippi -- Bradley C. Davis, Charleston, South Carolina, a member of the Davis Family Group, to retain voting shares of Peoples Bancshares, Inc., and thereby indirectly retain voting shares of Peoples Bank, Mendenhall, Mississippi. In addition, The Sid Davis Trust, Atlanta, Georgia, Sidney Dewitt Davis III, Mendenhall, Mississippi, and Bradley C. Davis, Charleston, South Carolina, as co-trustees; Melissa Lenox, Charleston, South Carolina; Sharon Ammann, Steve Ammann, and Steven Wade Ammann, all of Mendenhall, Mississippi; Charles Cockrell, Dauphin Island, Alabama; Michael Tolleson and Brian Jernigan, both of Madison, Mississippi; Margaret Steinberger Revocable Trust, Margaret Steinberger as trustee, and Bruce Steinberger, all of Coral Gables, Florida; Audrey Davis, Magee, Mississippi; to join the Davis Family Group, a group acting in concert, to retain voting shares of Peoples Bancshares, Inc., and thereby indirectly retain voting shares of Peoples Bank, Mendenhall, Mississippi.
- Permitted, February 15, 2022
Extensions Of Time
Georgia Banking Company, Inc., Atlanta, Georgia -- extension to September 19, 2022, to merge with Peoples BankTrust, Inc., and thereby indirectly acquire its subsidiary, Peoples Bank & Trust, both of Buford, Georgia.
- Granted, June 10, 2022
Raymond James Financial, Inc., St. Petersburg, Florida -- extension to August 26, 2022, (1) to acquire Tristate Capital Holdings, Inc., and thereby indirectly acquire Tristate Capital Bank, both of Pittsburgh, Pennsylvania, and (2) in connection with this merger, for Macaroon Two LLC, St. Petersburg, Florida, a subsidiary of Raymond James Financial, Inc., to become a bank holding company by merging with Tristate Capital Holdings, Inc., and thereby indirectly acquiring Tristate Capital Bank.
- Granted, May 24, 2022
FSBH Corporation, Bradenton, Florida -- extension to June 5, 2022, to become a bank holding company by acquiring outstanding shares of First Southern Bank, Waycross, Georgia.
- Granted, April 6, 2022
Regions Bank, Birmingham, Alabama -- extension to July 6, 2022, to establish a branch on East Colonial Drive, Orlando, Florida.
- Granted, March 22, 2022
Banks, State Member
Raymond James Bank, Saint Petersburg, Florida -- to make public welfare investments equal to up to 15% of its capital plus surplus, subject to certain conditions.
- Approved, April 29, 2022
Regions Bank, Birmingham, Alabama -- to make a public welfare investment.
- Approved, April 19, 2022
  • Any views expressed herein are not necessarily those of this Bank or the Federal Reserve System. Please send comments or questions to [email protected].

Last Update: June 23, 2022