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 August 26, 2017


Bank Branches, Domestic

San Francisco
Farmers and Merchants Bank of Long Beach, Long Beach, California -- to establish a branch at 1034 Santa Barbara Street, Santa Barbara.
-Withdrawn, August 24, 2017

Kansas City
RCB Bank, Claremore, Oklahoma -- to establish a de novo branch at 2596 West Tecumseh Road, Norman.
-Approved, August 24, 2017

Bank Holding Companies

Atlanta
BOLC Corp., Fayetteville, Tennessee -- to become a bank holding company by acquiring Bank of Lincoln County, Fayetteville.
-Approved, August 25, 2017

Director, S&R
Mercantil Servicios Financieros, C.A., Caracas, Venezuela -- modification of a commitment.
-Granted, August 24, 2017

Chicago
QCR Holdings, Inc., Moline, Illinois -- to acquire Guaranty Bank and Trust Company, Cedar Rapids, Iowa, and for QCR Holdings' subsidiary, Cedar Rapids Bank and Trust Company, Cedar Rapids, to merge with Guaranty Bank and Trust Company and thereby establish branches.
-Approved, August 23, 2017

St. Louis
Simmons First National Corporation, Pine Bluff, Arkansas -- to acquire through merger First Texas BHC, Inc., Fort Worth, Texas, and thereby indirectly acquire Southwest Bank.
-Approved, August 25, 2017

St. Louis
Simmons First National Corporation, Pine Bluff, Arkansas -- to acquire through merger Southwest Bancorp, Inc., Stillwater, Oklahoma, and thereby indirectly acquire Bank SNB.
-Approved, August 25, 2017

General Counsel
Triumph Consolidated Cos., LLC, Dallas, Texas, and Triumph Bancorp, Inc. -- waiver of application to acquire Valley Bancorp, Inc., Brighton, Colorado, in connection with the merger of their subsidiaries, Valley Bank & Trust with and into TBK Bank, Dallas.
-Granted, August 24, 2017

Banks, State Member

St. Louis
First Bank, Creve Coeur, Missouri -- to make a public welfare investment.
-Approved, August 23, 2017

Director, S&R
Regions Bank, Birmingham, Alabama -- to make certain public welfare investments (two applications).
-Approved, August 23, 2017

Change in Bank Control

Minneapolis
Cornerstone Holding Company, Inc., Fargo, North Dakota -- to retain control of Cornerstone Holding Company, Inc., and its subsidiary, Cornerstone Bank, Fargo.
-Permitted, August 22, 2017

Atlanta
East Alabama Financial Group, Inc., Wedowee, Alabama -- to retain control of East Alabama Financial Group, Inc., and its subsidiary, Small Town Bank, Wedowee.
-Permitted, August 23, 2017

Chicago
Waupaca Bancorporation, Inc., Waupaca, Wisconsin -- change in bank control of Waupaca Bancorporation, Inc., and its subsidiary, First National Bank, Waupaca.
-Permitted, August 24, 2017

Extensions of Time

Dallas
A.N.B. Holding Company, Ltd., Terrell, Texas -- extension to October 21, 2017, to acquire additional shares of The ANB Corporation, Terrell, and indirectly acquire The American National Bank of Texas; Lakeside Bancshares, Inc., Rockwall; and Lakeside National Bank.
-Granted, August 23, 2017

Richmond
First Citizens Bancshares, Inc., Raleigh, North Carolina -- extension to December 1, 2017, to acquire shares of First Advantage Bancorp, Clarksville, Tennessee.
-Granted, August 25, 2017

Chicago
Merchants Bancorp, Carmel, Indiana -- extension to September 27, 2017, to acquire Joy State Bank, Joy, Illinois.
-Granted, August 25, 2017

International Operations

Director, S&R
Bank of America Corporation, Charlotte, North Carolina -- waiver of prior-notification period to transfer Merrill Lynch International Bank, Designated Activity Company, Dublin, Ireland, to Bank of America, N.A., Charlotte.
-Granted, August 23, 2017

Reserve Bank Services

Director, RBOPS
Payment System Risk Policy -- revision of part II of the policy related to the transaction posting times used for measuring balances intraday in institutions' accounts at the Federal Reserve Banks to conform to enhancements to the Reserve Banks' same-day automated clearinghouse service.
-Approved, August 21, 2017

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