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 December 19, 2015


Bank Branches, Domestic

Secretary
Banco Popular North America, New York, New York -- to establish a branch at 2875 Northeast 191 Street, Aventura, Florida.
-Approved, December 18, 2015

Chicago
Chemical Bank, Midland, Michigan -- to establish a branch at 100 South Michigan Avenue, Saginaw.
-Approved, December 14, 2015

New York
Elmira Savings Bank, Elmira, New York -- to establish a branch at 602 West State Street, Ithaca.
-Withdrawn, December 16, 2015

Bank Holding Companies

Atlanta
Ameris Bancorp, Moultrie, Georgia -- to merge with Jacksonville Bancorp, Inc., Jacksonville, Florida, and thereby acquire The Jacksonville Bank.
-Approved, December 17, 2015

Kansas City
Farmers Exchange Bancorporation, Inc., Cherokee, Oklahoma -- to acquire The First National Bank of Nash, Nash.
-Approved, December 17, 2015

Kansas City
Haviland Bancshares, Inc. Employee Stock Ownership Plan, Greensburg, Kansas -- to become a bank holding company by acquiring additional shares of Haviland Bancshares, Inc., Haviland, and The Haviland State Bank and thereby engage indirectly in general insurance activities.
-Approved, December 14, 2015

San Francisco
HomeStreet, Inc., Seattle, Washington -- 1) to become a bank holding company on conversion of HomeStreet Bank, Seattle, from a savings bank to a commercial bank; 2) to retain HomeStreet Capital Corporation and to engage in originating, selling, and servicing multifamily mortgage loans; and 3) election to become a financial holding company.
-Approved, December 17, 2015

Richmond
SCCB Financial Corporation, Columbia, South Carolina -- relief from a commitment.
-Granted, December 18, 2015

Cleveland
TriState Capital Holdings, Inc., Pittsburgh, Pennsylvania, and Chartwell Investment Partners, LLC, Berwyn -- to acquire the assets of The Killen Group, Inc., Berwyn.
-Withdrawn, December 17, 2015

Dallas
WSB Bancshares, Inc., Wellington, Texas -- to acquire XIT Bancshares, Inc., Littlefield, and thereby indirectly acquire Security State Bank.
-Approved, December 16, 2015

Bank Mergers

Chicago
GNB Bank, Grundy Center, Iowa -- to merge with its sister bank, Ackley State Bank, Ackley, and thereby establish branches at the existing locations of Ackley State Bank.
-Approved, December 17, 2015

Dallas
Wellington State Bank, Wellington, Texas -- to merge with Security State Bank, Littlefield, and thereby establish three branches.
-Approved, December 16, 2015

Banking Supervision & Regulation

Director, BS&R
JPMorgan Chase & Co., New York, New York; Citigroup Inc.; The Goldman Sachs Group, Inc.; Morgan Stanley; The Bank of New York Mellon Corporation; Bank of America Corporation, Charlotte, North Carolina; Wells Fargo & Company, San Francisco, California; and State Street Corporation, Boston, Massachusetts -- initial notification of the Director's determination to incorporate a counterparty default scenario component in the firms' company-run stress tests for the cycle beginning January 1, 2016.
-Approved, December 11, 2015
(A/C)

Banks, Foreign

New York
ABLV Bank, AS, Riga, Latvia -- to establish a representative office in New York, New York.
-Withdrawn, December 18, 2015

New York
DVB Bank SE, Frankfurt, Germany -- to establish a branch in New York, New York.
-Withdrawn, December 14, 2015

Banks, Nonmember, and Miscellaneous Institutions

Director, BS&R
BSOF Master Fund L.P., New York, New York; EJF Capital, LLC, Arlington, Virginia; 1907 EJF Fund, Ltd.; et al. -- modification of a commitment.
-Granted, December 17, 2015

Director, BS&R
EJF Capital LLC, Arlington, Virginia -- relief from certain commitments.
-Granted, December 18, 2015

Director, BS&R
EJF Capital, LLC, Arlington, Virginia -- relief from certain commitments.
-Granted, December 17, 2015

Director, BS&R
Fortress Investment Group, LLC, New York, New York -- relief from certain commitments.
-Granted, December 14, 2015

Banks, State Member

Director, BS&R
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
-Approved, December 15, 2015

Director, BS&R
Regions Bank, Birmingham, Alabama -- to make certain public welfare investments (two requests).
-Approved, December 18, 2015

Change in Bank Control

Minneapolis
Fidelity Holding Company, Minnetonka, Minnesota -- change in bank control of Fidelity Holding Company and its subsidiary, Fidelity Bank, Edina.
-Permitted, December 14, 2015

Atlanta
FineMark Holdings, Inc., Fort Myers, Florida -- change in bank control of FineMark Holdings, Inc., and its subsidiary, FineMark National Bank & Trust, Fort Myers.
-Permitted, December 15, 2015

Minneapolis
Walker Ban Co., Walker, Minnesota -- change in bank control of Walker Ban Co. and its subsidiary, First National Bank North, Walker.
-Permitted, December 14, 2015

Extensions of Time

St. Louis
M&P Community Bancshares, Inc. 401(k) Employee Stock Ownership Plan, Newport, Arkansas -- extension to March 11, 2016, to acquire additional shares of M&P Community Bancshares, Inc., Newport.
-Granted, December 14, 2015

Membership

Kansas City
The American National Bank of Sidney, Sidney, Nebraska -- to retain membership in the Federal Reserve System on conversion to a state-chartered institution, The American Bank of Sidney, Nebraska.
-Approved, December 16, 2015

San Francisco
Coast National Bank, San Luis Obispo, California -- to retain membership in the Federal Reserve System on conversion to a state-chartered institution.
-Withdrawn, December 17, 2015

Richmond
HomeTrust Bank, National Association, Asheville, North Carolina -- to retain membership in the Federal Reserve System on conversion to a state-chartered institution, HomeTrust Bank.
-Approved, December 16, 2015

Kansas City
NBH Bank, National Association, Kansas City, Missouri -- to retain membership in the Federal Reserve System on conversion to a state-chartered institution, NBH Bank, Greenwood, Colorado.
-Approved, December 17, 2015

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