October 02, 2012

Federal Reserve Board issues enforcement action with SouthFirst Bancshares and termination of enforcement action with West Concord Bancshares and Farmers State Bank of West Concord

For immediate release

The Federal Reserve Board on Tuesday announced the execution of the following enforcement action:

SouthFirst Bancshares, Inc., (PDF) Sylacauga, Alabama
Written Agreement dated September 20, 2012

The Federal Reserve Board also announced the termination of the enforcement action listed below:

West Concord Bancshares, Inc., West Concord, Minnesota; Farmers State Bank of West Concord, West Concord, Minnesota
Written Agreement dated November 6, 2009
Terminated September 27, 2012

Search of Federal Reserve enforcement actions.

For media inquiries, call 202-452-2955.

Last Update: October 02, 2012