Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

District: 2
Federal Reserve Bank of: New York

Filings received during the week ending November 21, 2020

Filer

Filing Type

Filing Proposal

End of Comment Period

BASSWOOD CAPITAL MANAGEMENT, LC

CIC

Notice of Change in Control by Basswood Capital Management, LLC, New York, New York; funds for which Basswood Partners LLC serves as General Partner and Basswood Capital Management, LLC serves as investment manager (Basswood Opportunity Partners, LP; Basswood Financial Fund, LP; Basswood Financial Long Only Fund, LP); Basswood Capital Management, LLC serves as investment manager (Basswood Opportunity Fund, Inc. and Basswood Financial Fund, Inc.); certain managed accounts for which Basswood Capital Management, LLC serves as the investment adviser; Matthew Lindenbaum and Bennett Lindenbaum, all of New York, New York, to collectively acquire up to 24.9 % of the outstanding voting shares of Esquire Financial Holdings, Inc, and indirectly its subsidiary bank, Esquire Bank NA, both of Jericho, New York.

Newspaper:	Not available
Federal Register:	Not available

BESSEMER GROUP, INCORPORATED, THE

CIC

Notice of Change in Control by Martha P. Maguire, Guilford, Connecticut, as trustee of JGD III (J. Gordon Douglas, III) & DESC UA 8 A3 UW MB (Margaret Boegner) BGI Trust, New York, New York; Andrew P. Sidamon-Eristoff 2003 Grantor Retained Annuity Trust, Woodbridge, New Jersey; Elizabeth Sidamon-Eristoff 2003 Grantor Retained Annuity Trust, Woodbridge, New Jersey; Simon Sidamon-Eristoff 2003 Grantor Retained Annuity Trust, Woodbridge, New Jersey; Trust f/b/o Allan L. Martin and his Descendants under Article Ninth (A)(1) of the Will of Townsend B. Martin, Woodbridge, New Jersey; and Trust f/b/o Michael T. Martin and his Descendants under Article Ninth (A)(1) of the Will of Townsend B. Martin, Woodbridge, New Jersey (collectively, the "Trusts"), and the Trusts have applied to the Federal Reserve Board (the "Board") for permission to acquire a controlling interest in The Bessemer Group, Incorporated, Woodbridge, New Jersey ("BGI"). BGI controls Bessemer Trust Company, National Association, a national banking association (New York, New York), and Bessemer Trust Company, a non-member New Jersey State-chartered insured depository institution (Woodbridge, New Jersey), among other non-depository institution subsidiaries. The Board considers a number of factors in deciding whether to approve the notice.

Newspaper:	11/23/2020
Federal Register:	12/08/2020

EMPIRE STATE BANK

* Branch

Empire State Bank, Newburgh, New York, to establish two branch offices to be located at: (1) 1441 South Avenue, and (2) 2212 Hylan Boulevard, both of Staten Island, New York.

Newspaper:	Not available
Federal Register:	Not applicable

Availability of CRA Public Evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

Institution / Location	RSSD ID	Exam Date	CRA Public Date	CRA Rating	Exam Method
NONE

CRA Examinations scheduled for First Quarter of 2021 (January 1, 2021 - March 31, 2021) and Second Quarter of 2021 (April 1, 2021 - June 30, 2021)

Institution	Location	Quarter
AMBOY BK	OLD BRIDGE, NEW JERSEY	First Quarter of 2021
DEUTSCHE BK TC AMERICAS	NEW YORK, NEW YORK	First Quarter of 2021
MIZUHO BK USA	NEW YORK, NEW YORK	First Quarter of 2021
BANK OF NY MELLON	NEW YORK, NEW YORK	Second Quarter of 2021
METROPOLITAN CMRL BK	NEW YORK, NEW YORK	Second Quarter of 2021
PEAPACK GLADSTONE BK	BEDMINSTER, NEW JERSEY	Second Quarter of 2021

* Subject to the provisions of the Community Reinvestment Act

District: 2 Federal Reserve Bank of: New York

Filings received during the week ending November 21, 2020

Availability of CRA Public Evaluations

CRA Examinations scheduled for First Quarter of 2021 (January 1, 2021 - March 31, 2021) and Second Quarter of 2021 (April 1, 2021 - June 30, 2021)

District: 2
Federal Reserve Bank of: New York