Actions under delegated authority

Actions taken during the week ending May 30, 2020

Bank Branches, Domestic

St. Louis

Arvest Bank, Fayetteville, Arkansas -- to establish a branch at 5630 East Bannister Road, Kansas City, Missouri.
-Approved, May 27, 2020

Bank Holding Companies

Richmond

Farmers and Merchants Bancshares, Inc., Hampstead, Maryland -- to acquire Carroll Bancorp, Inc., Sykesville, and thereby indirectly acquire Carroll Community Bank.
-Approved, May 26, 2020

Minneapolis

Koda Bancor, Inc., Drayton, North Dakota -- to acquire Wall Street Holding Company, Hamilton, and thereby indirectly acquire Bank of Hamilton.
-Approved, May 26, 2020

Bank Premises

Richmond

Putnam County Bank, Hurricane, West Virginia -- to increase its investment in bank premises.
-Approved, May 28, 2020

Extensions of Time

St. Louis

The McGehee Bank Employee Stock Ownership Plan, McGehee, Arkansas -- extension to September 16, 2020, to acquire additional shares of Southeast Financial Bankstock Corp., McGehee, and thereby increase its indirect control of McGehee Bank.
-Granted, May 27, 2020

International Operations

Chicago

HSBC International Finance Corporation (Delaware), Wilmington, Delaware -- extension of its corporate existence for an additional 20 years, pursuant to the Federal Reserve Act.
-Granted, May 29, 2020

Regulations and Policies

Director, S&R

Financial Sector Liabilities -- annual determination of the aggregate consolidated liabilities of financial companies, as required by section 622 of the Dodd-Frank Act.
-Approved, May 27, 2020