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 24, 2016


Bank Branches, Domestic

Richmond
Essex Bank, Richmond, Virginia -- to establish a branch at 21437 Timberlake Road, Lynchburg.
-Approved, December 23, 2016

St. Louis
First Financial Bank, El Dorado, Arkansas -- to establish a branch at 12921 Cantrell Road, Little Rock.
-Approved, December 21, 2016

Secretary
IBERIABANK, Lafayette, Louisiana -- to establish a branch at 6309 South Claiborne Avenue, New Orleans.
-Approved, December 19, 2016

Bank Holding Companies

New York
The Adirondack Trust Company Employee Stock Ownership Trust, Saratoga Springs, New York -- to acquire additional shares of 473 Broadway Holding Corporation, Saratoga Springs, and of The Adirondack Trust Company.
-Approved, December 19, 2016

Chicago
Arbor Bancorp, Inc., Ann Arbor, Michigan -- to acquire via merger Birmingham Bloomfield Bancshares, Inc., Birmingham, and thereby indirectly acquire Bank of Birmingham.
-Approved, December 19, 2016

Dallas
BankCap Equity Fund, LLC, Dallas, Texas; BankCap Partners GP, L.P.; and BankCap Partners Fund I, L.P. -- to acquire shares of Silvergate Capital Corporation, La Jolla, California, the parent company of Silvergate Bank.
-Approved, December 19, 2016

General Counsel
Carolina Financial Corporation, Charleston, South Carolina -- waiver of application to acquire Greer Bancshares Incorporated, Greer, in connection with the merger of Greer State Bank with and into CresCom Bank, Charleston.
-Granted, December 16, 2016
(A/C)

General Counsel
CenterState Banks, Inc., Winter Haven, Florida -- waiver of application to acquire Platinum Bank Holding Company, Brandon, in connection with the merger of Platinum Bank with and into CenterState Bank of Florida, N.A., Winter Haven.
-Granted, December 21, 2016

St. Louis
Central Bank, Little Rock, Arkansas, and Central Acquisition Sub, Inc. (Acquisition Sub) -- to become bank holding companies through the merger of Acquisition Sub with Pinnacle Bancshares, Inc., Rogers; simultaneous with the bank holding company merger, Pinnacle Bank will merge with and into Central Bank.
-Approved, December 20, 2016

Kansas City
Equity Bancshares, Inc., Wichita, Kansas -- to acquire Prairie State Bancshares, Inc., Hoxie, and for Prairie State's subsidiary, State Bank, to merge with and into Equity Bank, Andover, and thereby establish a branch.
-Approved, December 20, 2016

Minneapolis
Farmers State Financial Corp., Victor, Montana -- to engage de novo in lending activities.
-Approved, December 21, 2016

General Counsel
First Belleville Bancshares, Inc., Abilene, Kansas -- waiver of application to acquire Palco Bankshares, Inc., Plainville, in connection with the merger of Palco Bankshares' subsidiary, Midwest Community Bank, with and into Astra Bank, Scandia.
-Granted, December 20, 2016

Director, BS&R
First Citizens BancShares, Inc., Raleigh, North Carolina, et al. -- relief from certain commitments.
-Granted, December 19, 2016

Kansas City
Grand Capital Corporation, Tulsa, Oklahoma -- to engage in extending credit and servicing loans.
-Approved, December 19, 2016

General Counsel
The Little Bank, SSB, Kinston, North Carolina -- waiver of application to acquire Union Banc Corp, Oxford, in connection with the merger of Union Bank & Trust Company into Little Bank.
-Granted, December 21, 2016

Chicago
West Town Bancorp, Inc., Raleigh, North Carolina -- to acquire shares of Windsor Advantage, LLC, Indianapolis, Indiana, and thereby engage in extending credit and servicing loans.
-Approved, December 19, 2016

Bank Premises

Cleveland
Heartland Bank, Gahanna, Ohio -- request to exceed the limit on investment in bank premises.
-Approved, December 19, 2016

Banks, Nonmember, and Miscellaneous Institutions

Director, BS&R
EJF Capital LLC, Arlington, Virginia, et al. -- relief from certain commitments.
-Granted, December 20, 2016

Director, BS&R
EJF Capital LLC, Arlington, Virginia, et al. -- relief from certain commitments.
-Granted, December 22, 2016

Director, BS&R
LAF-GW Investments, LLC, Little Rock, Arkansas; LAF Brothers Properties, LLC; and JSJ Properties, LLC, Farmington, Missouri; et al. -- relief from certain commitments.
-Granted, December 21, 2016

Banks, State Member

Director, BS&R
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
-Approved, December 21, 2016

Director, BS&R
Goldman Sachs Bank USA, New York, New York -- to make a public welfare investment.
-Approved, December 22, 2016

Director, BS&R
Manufacturers and Traders Trust Company, Buffalo, New York -- to make a public welfare investment.
-Approved, December 23, 2016

Director, BS&R
Regions Bank, Birmingham, Alabama -- to make certain public welfare investments.
-Approved, December 21, 2016

Change in Bank Control

Kansas City
Midwest Banco Corporation, Cozad, Nebraska -- change in bank control of Midwest Banco Corporation and its subsidiary, First Bank and Trust Company, Cozad.
-Permitted, December 22, 2016

Extensions of Time

Richmond
Bank of America, National Association, Charlotte, North Carolina -- extension to December 22, 2017, to establish a new foreign bank subsidiary, Bank of America (China) Limited, Shanghai, China.
-Granted, December 20, 2016

Director, BS&R
Citigroup Inc., New York, New York -- extension of time to dispose of certain real estate assets.
-Granted, December 20, 2016

Richmond
John Marshall Bancorp, Inc., Reston, Virginia -- extension to March 19, 2017, to become a bank holding company through the acquisition of John Marshall Bank, Reston.
-Granted, December 19, 2016

Secretary
Physical Commodities Activities -- extension to February 20, 2017, of the comment period on the proposed rule to strengthen requirements and limitations on the physical commodity activities of financial holding companies.
-Approved, December 20, 2016

Membership

Kansas City
First National Bank in Hominy (to be known as First Bank in Hominy), Hominy, Oklahoma -- to retain membership in the Federal Reserve System on conversion from a national to a state charter.
-Approved, December 22, 2016

Richmond
WashingtonFirst Bank, Reston, Virginia -- to become a member of the Federal Reserve System.
-Approved, December 19, 2016

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