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 October 23, 2021


Bank Branches, Domestic

Kansas City
American Nation Bank, Ardmore, Oklahoma -- to establish a branch at 1003 Memorial Drive, Marietta, Oklahoma.
-Approved, October 20, 2021

St. Louis
First State Bank, Russellville, Arkansas -- to establish a branch at 3654 Investment Drive, Fayetteville, Arkansas.
-Approved, October 21, 2021

Bank Holding Companies

San Francisco
Pacific Valley Bancorp, Salinas, California -- to become a bank holding company by acquiring Pacific Valley Bank, Salinas, California.
-Approved, October 18, 2021

St. Louis
Pine Knob Holdings, LLC, Bowling Green, Kentucky -- to become a bank holding company by acquiring voting shares of (1) First Cecilian Bancorp, Inc., and thereby indirectly acquiring Cecilian Bank, both of Cecilia, Kentucky, (2) Albany Bancorp, Inc., Albany, Kentucky, and thereby indirectly acquiring First & Farmers National Bank, Somerset, Kentucky, and (3) Jackson Financial Corporation, and thereby indirectly acquiring FNB Bank, Inc., both of Mayfield, Kentucky.
-Approved, October 22, 2021

Secretary
United Bankshares, Inc., Charleston, West Virginia -- waiver of application to acquire Community Bankers Trust Corporation and its subsidiary, Essex Bank, both of Richmond, Virginia, in connection with the merger of Essex Bank with and into United Bank, Fairfax, Virginia.
-Granted, October 22, 2021

Bank Mergers

Secretary
United Bank, Fairfax, Virginia -- to merge with Essex Bank, Richmond, Virginia, and establish branches at the locations of the main office and branches of Essex Bank.
-Approved, October 22, 2021

Banks, State Member

San Francisco
East West Bank, Pasadena, California -- to make a public welfare investment.
-Withdrawn, October 22, 2021

Secretary
The Northern Trust Company, Chicago, Illinois -- to make a public welfare investment.
-Approved, October 20, 2021

Change in Bank Control

Kansas City
C.S.B. Co., Cozad, Nebraska -- William D. Young, Avon, Colorado, to join the Young Family Control Group, a group acting in concert, and to acquire voting shares of C.S.B. Co., and thereby indirectly acquire voting shares of Homestead Bank, both of Cozad, Nebraska.
-Permitted, October 19, 2021

Minneapolis
Faribault Bancshares, Inc., Faribault, Minnesota -- John R. Carlander, Faribault, Minnesota, through individual ownership, as personal representative of an estate, and as co-trustee of two trusts, to retain voting shares of Faribault Bancshares, Inc., (Faribault Bancshares), and thereby indirectly retain voting shares of State Bank of Faribault, Faribault, Minnesota (Bank). Additionally, the Estate of Richard Carlander, Faribault, Minnesota (personal representative John R. Carlander); Chad R. Koepke, Lakeville, Minnesota; Madelyn L. Carlander, Prior Lake, Minnesota; John R. Carlander 1997 Trust, Faribault, Minnesota (co-trustees John R. Carlander and Madelyn L. Carlander); Kimberly A. Koepke 1997 Trust, Lakeville, Minnesota (co-trustees Kimberly A. Koepke, Lakeville, Minnesota and Chad R. Koepke); and Matthew C. Carlander 1997 Trust, Faribault, Minnesota (co-trustees Matthew C. Carlander, Faribault, Minnesota and John R. Carlander) to retain voting shares of Faribault Bancshares and join the Carlander/Koepke Family Control Group, a group acting in concert, and thereby indirectly acquire voting shares of Bank.
-Permitted, October 19, 2021

Extensions of Time

Dallas
Ciera Bank, Graham, Texas -- extension to December 31, 2021, to establish a branch at 116 East Renfro Street, Burleson, Texas.
-Granted, October 20, 2021

Kansas City
The Reisher Family Foundation, Lakewood, Colorado -- extension to April 22, 2022, to become a bank holding company through the acquisition of voting shares of FirstBank Holding Company, parent of FirstBank, both of Lakewood, Colorado; and election to become a financial holding company.
-Granted, October 22, 2021

Financial Holding Companies

Kansas City
National Bank Holdings Corporation, Greenwood Village, Colorado -- election to become a financial holding company.
-Effective, October 22, 2021

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