Actions under delegated authority

Actions taken during the week ending June 11, 2016

Bank Branches, Domestic

Boston

BankNewport, Newport, Rhode Island -- to establish a branch at 1000 Chapel View Boulevard, Cranston.
-Approved, June 10, 2016

Bank Holding Companies

Minneapolis

Ascent Bancorp, Helena, Montana -- to become a bank holding company by acquiring First Security Bank of Helena, Helena.
-Approved, June 7, 2016

General Counsel

Barclays PLC (Barclays), London, England, and Barclays Bank PLC -- in connection with a corporate reorganization to facilitate Barclays' compliance with the intermediate holding company (IHC) requirement, waiver of application for Barclays to transfer its ownership in Barclays Delaware Holdings LLC, Wilmington, Delaware, and Barclays Bank Delaware to Barclays US LLC, New York, New York, Barclays' designated IHC.
-Granted, June 2, 2016
(A/C)

Minneapolis

First Interstate BancSystem, Inc., Billings, Montana -- to acquire Flathead Bank of Bigfork, Bigfork; and for First Interstate Bank, Billings, to merge with Flathead Bank of Bigfork and thereby establish a branch.
-Approved, June 10, 2016

Minneapolis

First National Bank of Bemidji ESOP & Trust, Bemidji, Minnesota -- to increase its ownership of First Bemidji Holding Company, Bemidji, and thereby increase its ownership of The First National Bank of Bemidji.
-Approved, June 8, 2016

Atlanta

Louisiana Community Bancorp, Inc., Houma, Louisiana -- to acquire Tri-Parish Bancshares, Inc., Eunice, and thereby acquire Tri-Parish Bank.
-Approved, June 9, 2016

Minneapolis

Northern Interstate Financial, Inc., Norway, Michigan -- to merge with C.F.C. Bancorp, Inc., Crystal Falls, and thereby indirectly acquire First National Bank of Crystal Falls.
-Withdrawn, June 7, 2016

Bank Mergers

Richmond

CNB, Centreville, Maryland -- to merge with The Talbot Bank of Easton, Maryland, Easton.
-Approved, June 7, 2016

Boston

Weymouth Bank, East Weymouth, Massachusetts -- to merge with Equitable Co-operative Bank, Lynn, and thereby establish branches.
-Approved, June 9, 2016

Change in Bank Control

Minneapolis

Commercial Bank of Mott Employee Stock Ownership Plan, Mott, North Dakota -- change in bank control of Commercial Bank of Mott Employee Stock Ownership Plan and its subsidiary, Commercial Bank of Mott, Mott.
-Permitted, June 10, 2016

Atlanta

Community First, Inc., Columbia, Tennessee -- change in bank control of Community First, Inc., and its subsidiary, Community First Bank & Trust, Columbia (two notices).
-Permitted, June 7, 2016

Extensions of Time

Atlanta

SouthPoint Bancshares, Inc., Birmingham, Alabama -- extension to August 7, 2016, to become a bank holding company by acquiring SouthPoint Bank, Birmingham.
-Granted, June 6, 2016

Financial Holding Companies

St. Louis

SVB&T Corporation, French Lick, Indiana -- election to become a financial holding company.
-Effective, June 7, 2016

Membership

Chicago

First Newton National Bank, Newton, Iowa -- to retain membership in the Federal Reserve System on conversion to a state-chartered bank, FNNB Bank.
-Approved, June 6, 2016

Savings and Loan Holding Companies

Cleveland

Maple Leaf Financial, Inc., Newbury, Ohio -- to engage in lending activity.
-Approved, June 8, 2016