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 23, 2017


Bank Holding Companies

General Counsel
Bangor Bancorp, MHC, Bangor, Maine -- waiver of application to acquire First Colebrook Bancorp, Inc., Colebrook, New Hampshire, and Granite Bank, in connection with Granite Bank's merger with and into Bangor Savings Bank, Bangor.
-Granted, December 20, 2017

Boston
Beacon Bancorp, Taunton, Massachusetts -- for Beacon's subsidiary, Bristol County Savings Bank, Taunton, to acquire shares of RFG-Bristol Wealth Advisors, LLC.
-Withdrawn, December 18, 2017

Director, S&R
Castle Creek Capital Partners V, Rancho Santa Fe, California -- modification of certain commitments.
-Granted, December 20, 2017

San Francisco
CBC Bancorp, Irvine, California -- to become a bank holding company by acquiring shares of NCAL Bancorp, Irvine, and thereby indirectly acquiring its subsidiary, Commercial Bank of California.
-Approved, December 18, 2017

Richmond
First Citizens Bancshares, Inc., Raleigh, North Carolina -- to acquire shares of KS Bancorp, Inc., Smithfield, and thereby indirectly acquire a controlling interest in KS Bank, Inc.
-Approved, December 19, 2017

General Counsel
Heartland Financial USA, Inc., Dubuque, Iowa -- waiver of application to acquire Signature Bancshares, Inc., Minnetonka, Minnesota, and Signature Bank, in connection with Signature Bank's merger with and into Minnesota Bank & Trust, Edina.
-Granted, December 19, 2017

Kansas City
Henderson State Company, Henderson, Nebraska -- to engage in lending activities.
-Approved, December 18, 2017

St. Louis
M&P Community Bancshares, Inc. 401(k) Employee Stock Ownership Plan, Newport, Arkansas -- to acquire shares of M&P Community Bancshares, Inc., Newport.
-Approved, December 20, 2017

Philadelphia
Malvern Bancorp, Inc., Paoli, Pennsylvania -- to become a bank holding company by acquiring Malvern Federal Savings Bank, Paoli, upon its conversion from a federal stock savings bank to a national bank (to be known as Malvern Bank, NA).
-Approved, December 22, 2017

St. Louis
Southern Missouri Bancorp, Inc., Poplar Bluff, Missouri -- (1) to merge with Southern Missouri Bancshares, Inc., Marshfield, and thereby indirectly acquire Southern Missouri Bank of Marshfield and (2) for Southern Bank, Poplar Bluff, to merge with Southern Missouri Bank of Marshfield and retain the acquired facilities as branches.
-Approved, December 18, 2017

General Counsel
Suncrest Bank, Visalia, California -- waiver of application to acquire CBBC Bancorp, West Sacramento, and Community Business Bank, in connection with Community Business Bank's merger with and into Suncrest Bank.
-Granted, December 18, 2017

Chicago
Treynor Bancshares, Inc., Treynor, Iowa, and TS Contrarian Bancshares, Inc. -- to acquire City Bank and Trust Company, Guymon, Oklahoma.
-Withdrawn, December 19, 2017

General Counsel
Wesbanco, Inc., Wheeling, West Virginia -- waiver of application to acquire First Sentry Bancshares, Inc., Huntington, and First Sentry Bank, Inc., in connection with the merger of First Sentry Bank, Inc., with and into Wesbanco Bank, Inc., Wheeling.
-Granted, December 20, 2017

Chicago
Westbury Bancorp, Inc., West Bend, Wisconsin -- to become a bank holding company following the conversion of its subsidiary bank, Westbury Bank, West Bend, from a federal savings bank to a state-chartered bank.
-Withdrawn, December 21, 2017

Banks, State Member

Dallas
Comerica Bank, Dallas, Texas -- to make certain community development and public welfare investments (three requests).
-Approved, December 22, 2017

Director, S&R
Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
-Approved, December 21, 2017

Change in Bank Control

Kansas City
Adrian Bancshares, Inc., Adrian, Missouri -- to retain control of Adrian Bancshares, Inc. and its subsidiary, Adrian Bank, Adrian.
-Permitted, December 22, 2017

Dallas
Sabine Bancshares, Inc., Many, Louisiana -- to retain control of Sabine Bancshares, Inc. and its subsidiary, Sabine State Bank and Trust Company, Many.
-Permitted, December 19, 2017

Chicago
WFC, Inc., Waukon, Iowa -- change in bank control of WFC, Inc. and its subsidiary, Waukon State Bank, Waukon.
-Permitted, December 19, 2017

Extensions of Time

Director, S&R
Bank of America, N.A., Charlotte, North Carolina -- extension of time to establish a foreign bank subsidiary, Bank of America (China) Limited, Shanghai, People's Republic of China.
-Granted, December 21, 2017

Chicago
First American Bank Corporation, Elk Grove Village, Illinois -- extension to April 26, 2018, to acquire via merger Southport Financial Corporation, Kenosha, Wisconsin, and thereby indirectly acquire Southport Bank.
-Granted, December 20, 2017

Regulations and Policies

Secretary
Regulation BB (Community Reinvestment) -- interagency annual adjustment to the asset-size thresholds used to define a small bank, small savings association, intermediate small bank, and intermediate small savings association under the Community Reinvestment Act regulations.
-Approved, December 14, 2017
(A/C)

Savings and Loan Holding Companies

General Counsel
State Farm Mutual Automobile Insurance Company, Bloomington, Illinois -- request for an exemption to permit an individual to become an institution-affiliated party.
-Granted, December 19, 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