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 18, 2018


Bank Branches, Domestic

Philadelphia
Landmark Community Bank, Pittston, Pennsylvania -- to establish a branch at 920 Northern Boulevard, South Abington Township.
-Approved, August 17, 2018

Cleveland
North Valley Bank, Zanesville, Ohio -- to establish a branch at 11 North Fourth Street, Zanesville.
-Approved, August 17, 2018

Bank Holding Companies

Minneapolis
Border Bancshares, Inc., Greenbush, Minnesota -- to acquire Union Bancshares, Inc., Fargo, North Dakota, and thereby indirectly acquire Union State Bank of Fargo.
-Approved, August 17, 2018

St. Louis
Cross County Bancshares, Inc., Wynne, Arkansas -- to acquire shares of Central Bank, Little Rock.
-Approved, August 15, 2018

General Counsel
Drummond Banking Company, Chiefland, Florida -- waiver of application to acquire PSB BancGroup, Inc., Lake City, and Peoples State Bank, in connection with Peoples State Bank's merger with and into Drummond Community Bank, Chiefland.
-Granted, August 15, 2018

General Counsel
The First Bancshares, Inc., Hattiesburg, Mississippi -- waiver of application to acquire FMB Banking Corporation, Monticello, Florida, and Farmers & Merchants Bank (F&M Bank), in connection with F&M Bank's merger with and into The First, A National Banking Association, Hattiesburg.
-Granted, August 17, 2018

Richmond
First Bankshares, Inc., Barboursville, West Virginia -- to engage in extending credit and servicing loans through a subsidiary, Community Mortgage Network, Inc., Huntington.
-Withdrawn, August 16, 2018

St. Louis
First Capital, Inc., Corydon, Indiana -- to acquire shares of First Bancorp of Indiana, Inc., Evansville, and thereby indirectly acquire First Federal Savings Bank, Evansville.
-Approved, August 16, 2018

Chicago
Hometown Bancorp, Ltd., Fond du Lac, Wisconsin -- to acquire United Community Bank, Poynette.
-Approved, August 16, 2018

Minneapolis
Koda Bancor, Inc., Drayton, North Dakota -- to acquire Citizens Insurance Agency, Inc., Cavalier, and Walhalla Insurance Agency, LLC, Walhalla, from Citizens State Bank Midwest, Cavalier, a wholly owned subsidiary of Koda Bancor.
-Approved, August 16, 2018

General Counsel
Orrstown Financial Services, Inc., Shippensburg, Pennsylvania -- waiver of application to acquire Mercersburg Financial Corporation, Mercersburg, and First Community Bank of Mercersburg (FCBM), in connection with FCBM's merger with and into Orrstown Bank, Shippensburg.
-Granted, August 14, 2018

Bank Mergers

Philadelphia
Orrstown Bank, Shippensburg, Pennsylvania -- to acquire First Community Bank of Mercersburg, Mercersburg.
-Approved, August 15, 2018

Kansas City
Platte Valley Financial Service Companies, Inc., Scottsbluff, Nebraska -- to acquire The American Bank of Sidney, Sidney; and for Platte Valley Bank, Scottsbluff, to merge with The American Bank of Sidney and thereby establish branches.
-Approved, August 17, 2018

Banks, Nonmember, and Miscellaneous Institutions

Director, S&R
Benedict College, Columbia, South Carolina -- relief from certain commitments.
-Granted, August 15, 2018

Banks, State Member

Atlanta
Compass Bank, Birmingham, Alabama -- to make a public welfare investment.
-Withdrawn, August 16, 2018

Change in Bank Control

Kansas City
Bank7 Corp. (formerly known as Haines Financial Corporation), Oklahoma City, Oklahoma -- change in bank control of Bank7 Corp., and its subsidiary Bank 7, Oklahoma City.
-Permitted, August 16, 2018

Kansas City
First Centralia Bancshares, Inc., Centralia, Kansas -- change in bank control of First Centralia Bancshares, Inc., and its subsidiary, First Heritage Bank, Centralia.
-Permitted, August 14, 2018

Minneapolis
FSB Holding Company, Inc., Trimont, Minnesota -- to retain control of FSB Holding Company, Inc., and its subsidiary, Farmers State Bank of Trimont, Trimont.
-Permitted, August 13, 2018

Extensions of Time

Director, BS&R
Wells Fargo & Company, San Francisco, California -- extension of time to conform or divest a merchant banking investment.
-Granted, August 14, 2018

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