Actions under delegated authority PDF

Actions taken during the week ending November 8, 2025

Bank Branches, Domestic
Boston

Beacon Bank and Trust, Boston, Massachusetts -- to establish a branch at 125 Union Street, Braintree, Massachusetts.
Approved: November 6, 2025

Cleveland

PBT Bancorp, Hazard, Kentucky -- to establish a branch at 297 North Main Street, Stanton, Kentucky.
Withdrawn: November 7, 2025

Bank Holding Companies
Atlanta

Business First Bancshares, Inc., Baton Rouge, Louisiana -- waiver of application to acquire Progressive Bancshares, Inc., and thereby indirectly acquire Progressive Bank, both of Monroe, Louisiana, in connection with the merger of Progressive Bank with and into B1Bank, Baton Rouge, Louisiana.
Granted: November 6, 2025

Sunmark Bancshares, Inc., Perry, Georgia -- to merge with Wheeler Bancshares, Inc., and thereby indirectly acquire Wheeler County State Bank, both of Alamo, Georgia.
Approved: November 6, 2025

Cleveland

Marquette Mutual Holding Company, Erie, Pennsylvania -- to become a bank holding company by acquiring Marquette Savings Bank, Erie, Pennsylvania.
Approved: November 3, 2025

Dallas

North Texas Bancshares, Inc., Dallas, Texas -- to become a bank holding company by acquiring Reynolds, Teague, Thurman Financial Corp. and thereby indirectly acquiring The First National Bank of Moody, Moody, Texas
Withdrawn: November 6, 2025

Prosperity Bancshares, Inc., Houston, Texas -- to acquire by merger American Bank Holding Corporation and thereby indirectly acquire American Bank, National Association, both of Corpus Christi, Texas.*
Approved: October 28, 2025
*Addition

Kansas City

First Beemer Corporation, Beemer, Nebraska -- waiver of application to acquire First Bank of Bancroft, Bancroft, Nebraska, in connection with the merger of First Bank of Bancroft with and into First Community Bank, Beemer, Nebraska.
Granted: November 6, 2025

Minneapolis

Stockman Financial Corporation, Miles City, Montana -- request by William Coffee for relief from a commitment.*
Granted: October 15, 2025
*Addition

Western State Agency, Inc., Devils Lake, North Dakota -- request by Brian L. Houkom for relief from a commitment.*
Granted: October 15, 2025
*Addition

Richmond

First Community Bancshares, Bluefield, Virginia -- (1) waiver of application to merge with Hometown Bankshares, Inc., and thereby indirectly acquire Union Bank, Inc. (UBI), both of Middlebourne, West Virginia, and (2) for UBI to merge with and into First Community Bank, Bluefield, Virginia, and thereby establish branches.
Granted: November 6, 2025

Bank Mergers
Kansas City

First Community Bank, Beemer, Nebraska -- to merge with First Bank of Bancroft, Bancroft, Nebraska, and thereby establish a branch in Bancroft, Nebraska.
Approved: November 6, 2025

Banks, State Member
Chicago

Independent Bank, Grand Rapids, Michigan -- to make a public welfare investment (two requests).
Approved: November 5, 2025

Dallas

Comerica Bank, Dallas, Texas -- to make a public welfare investment.
Approved: November 4, 2025

Change in Bank Control
Atlanta

Florida Bancshares, Inc., Dade City, Florida -- the Shnaider Family Trust, Sunny Isles, Florida, Charles R. White, as trustee, Birmingham, Alabama, to acquire control of Florida Bancshares, Inc., and thereby indirectly acquire control of First National Bank of Pasco, Dade City, Florida.
Withdrawn: November 3, 2025

Minneapolis

Farmers State Corporation, Mankato, Minnesota -- Jennifer S. Johnson, as co-trustee of the Jennifer S. Johnson Irrevocable Trust I and the Jennifer S. Johnson Irrevocable Trust II (together, the Johnson Irrevocable Trusts), trustee of the Jennifer S. Johnson Trust, all of Chanhassen, Minnesota, and as co-trustee of the Susan G. Sneer GST Exempt Family Trust, Mankato, Minnesota; Kelly J. Campbell, Bloomington, Minnesota, as co-trustee of the Johnson Irrevocable Trusts; and Michael J. Werner, as co-trustee of the Stuart J. Sneer Irrevocable Trust I and the Stuart J. Sneer Irrevocable Trust II, all of Battle Lake, Minnesota, to retain voting shares of Farmers State Corporation and thereby indirectly retain voting shares of United Prairie Bank, Mountain Lake, Minnesota. Additionally, Kelly J. Campbell and Michael J. Werner to join the Sneer Family Shareholder Group, a group acting in concert, to retain voting shares of Farmers State Corporation and thereby indirectly retain voting shares of United Prairie Bank. Jennifer S. Johnson and all the aforementioned trusts were previously permitted to join the Sneer Family Shareholder Group.
Permitted: November 3, 2025

Profinium Financial Holdings, Inc., Fairmont, Minnesota -- the FWK Profinium Stock Trust UAD 4.15.25, Fred W. Krahmer and Michelle Krahmer, as co-trustees, the EIK & MFK Youth Trust, Ronald Kopischke, as trustee, the FCK Profinium Stock Trust UAD 4.15.25, Fred C. Krahmer, as trustee, the MFK Profinium Stock Trust UAD 4.15.25, Fred W. Krahmer and Michelle Krahmer, as co-trustees, the Marital Trust pursuant to Article 6 of the Constance I. Krahmer Revocable Trust, Fred C. Krahmer, as trustee, all of Fairmont, Minnesota; the Fred W. Krahmer Trust pursuant to Article 9 of the Constance I. Krahmer Revocable Trust, Fairmont, Minnesota, Fred W. Krahmer, Fairmont, Minnesota, and Peoples Bank, Rock Valley, Iowa, as co-trustees; the Ryan M. Rivers Trust pursuant to Article 7 of the Constance I. Krahmer Revocable Trust, Peoples Bank, as trustee, the Caitlyn M. Krahmer Trust pursuant to Article 7 of the Constance I. Krahmer Revocable Trust, Peoples Bank, as trustee, the Collin J. Kain Trust pursuant to Article 7 of the Constance I. Krahmer Revocable Trust, Peoples Bank, as trustee, the Ella I. Krahmer Trust pursuant to Article 7 of the Constance I. Krahmer Revocable Trust, Peoples Bank, as trustee, the Max F. Krahmer Trust pursuant to Article 7 of the Constance I. Krahmer Revocable Trust, Peoples Bank, as trustee, all of Rock Valley, Iowa; each to join the Krahmer Family Control Group, a group acting in concert, by retaining voting shares of Profinium Financial Holdings, Inc., and thereby indirectly retaining voting shares of Profinium, Inc., Truman, Minnesota. Fred C. Krahmer and Fred W. Krahmer are members of the Krahmer Family Control Group and were each previously permitted by the Federal Reserve System to acquire control of voting shares of Profinium Financial Holdings, Inc.
Permitted: November 6, 2025

Secretary

Glenville Bank Holding Company, Inc., Scotia, New York -- the LH Buhrmaster Qualified Family Limited Partnership, Scotia, New York, a Delaware limited partnership to join the LH Buhrmaster Family Control Group, a group acting in concert, to acquire voting shares of Glenville Bank Holding Company, Inc., and thereby indirectly acquire voting securities of First National Bank of Scotia, Scotia, New York.
Permitted: November 3, 2025

St. Louis

Banterra Corp, Eldorado, Illinois -- Jason C. Knight, Miramar Beach, Florida, trustee of the EDK 2011 Family Trust, Eldorado, Illinois, to join the EDK Family Control Group, a group acting in concert, to retain voting shares of Banterra Corp and thereby indirectly retain voting shares of Banterra Bank, Marion, Illinois.
Permitted: November 6, 2025

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Last Update: November 13, 2025