Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

Actions under delegated authority

Actions taken during the week ending May 31, 2014


Bank Branches, Domestic

Kansas City
ANB Bank, Denver, Colorado -- to establish a mobile branch for operation in and around the city and county of Denver that will be associated with the branch at 3033 East 1st Avenue, Denver.
-Approved, May 27, 2014

Dallas
Frost Bank, San Antonio, Texas -- to establish branches at 12700 Hill Country Boulevard, Bee Cave, and 7859 Walnut Hill Lane, Dallas (two applications).
-Withdrawn, May 30, 2014

Bank Holding Companies

St. Louis
Bear State Financial Holdings, LLC, Little Rock, Arkansas, and First Federal Bancshares of Arkansas, Harrison -- to become bank holding companies by acquiring First National Security Company, Hot Springs, and its subsidiaries, Heritage Bank, N.A., Jonesboro, and First National Bank, Hot Springs.
-Approved, May 29, 2014

Boston
Berkshire Hills Bancorp, Inc., Pittsfield, Massachusetts -- to become a bank holding company in connection with the conversion of its subsidiary, Berkshire Bank, Pittsfield, from a state savings bank to a state trust company; and election to become a financial holding company.
-Approved, May 30, 2014

San Francisco
Communities First Financial Corporation, Fresno, California -- to become a bank holding company by acquiring Fresno First Bank, Fresno.
-Withdrawn, May 23, 2014
(A/C)

Chicago
Logansport Financial Corp., Logansport, Indiana -- to become a bank holding company on the conversion of its subsidiary, Logansport Savings Bank, FSB, Logansport, from a federal savings bank to a state-chartered bank.
-Approved, May 28, 2014

New York
Suffolk Bancorp, Riverhead, New York -- to engage in trust company functions through a de novo trust company subsidiary, Suffolk Trust Company, Riverhead.
-Approved, May 28, 2014

Bank Mergers

Chicago
Town Bank, Hartland, Wisconsin -- to purchase certain assets and assume certain liabilities of a branch of THE National Bank, Moline, Illinois.
-Approved, May 30, 2014

Banks, State Member

Director, BS&R
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
-Approved, May 30, 2014

Change in Bank Control

Kansas City
Astra Financial Corporation, Prairie Village, Kansas -- change in bank control of Astra Financial Corporation and its subsidiary, TriCentury Bank, Simpson.
-Permitted, May 30, 2014

Dallas
Diboll State Bancshares, Inc., Diboll, Texas -- to retain control of Diboll State Bancshares and its subsidiary, First Bank & Trust East Texas, Diboll.
-Permitted, May 30, 2014

Chicago
Peoples Bancorp, Rock Valley, Iowa -- to retain control of Peoples Bancorp and its subsidiary, Peoples Bank, Rock Valley (two notices).
-Permitted, May 30, 2014

Extensions of Time

Atlanta
Southern Community Bancshares, Inc. Employee Stock Ownership Plan, Cullman, Alabama -- extension to September 3, 2014, to increase its ownership of Southern Community Bancshares, Inc., Cullman, and thereby increase its indirect control of First Community Bank of Cullman.
-Granted, May 29, 2014

Savings and Loan Holding Companies

Richmond
Hovde Acquisition I, LLC, Washington, D.C.; Financial Services Partners Fund I, LLC; Hovde Private Equity Advisors LLC; and Bay Bancorp, Inc., Columbia, Maryland -- to acquire, through Bay Bank, FSB, Lutherville, Maryland, certain assets and assume certain liabilities of Slavie Federal Savings Bank, Bel Air.
-Approved, May 30, 2014

Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco