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 13, 2022


Bank Branches, Domestic

Richmond
The First Bank and Trust Company, Lebanon, Virginia -- to establish a branch at 818 McKinney Parkway, Lillington, North Carolina, and to increase its investment in bank premises.
-Approved, August 11, 2022

St. Louis
First Bank, Creve Coeur, Missouri -- to establish a branch at 3000 Prairie Avenue, St. Louis, Missouri.
-Approved, August 12, 2022

St. Louis
First State Bank and Trust Company, Inc., Caruthersville, Missouri -- to establish a branch at 100 West Main Street, Matthews, Missouri.
-Approved, August 9, 2022

Secretary
The Northern Trust Company, Chicago, Illinois -- to establish a branch at 1001 Water Street, Tampa, Florida.
-Approved, August 11, 2022

Bank Holding Companies

St. Louis
BankFirst Capital Corporation, Macon, Mississippi -- waiver of application to acquire Tate Financial Corporation and thereby indirectly acquire Sycamore Bank, both of Senatobia, Mississippi, in connection with the merger of Sycamore Bank with and into BankFirst Financial Services, Macon, Mississippi.
-Granted, August 12, 2022

St. Louis
Encore Bancshares, Inc., Little Rock, Arkansas -- to engage de novo in lending activities.
-Approved, August 10, 2022

Boston
Hometown Financial Group, MHC, and Hometown Financial Group, Inc., both of Easthampton, Massachusetts -- to acquire Randolph Bancorp, Inc., Stoughton, Massachusetts, and thereby indirectly acquire Envision Bank, Randolph, Massachusetts.
-Approved, August 11, 2022

Chicago
ServBanc Holdco, Inc., Phoenix, Arizona -- to become a bank holding company by merging with Allied First Bancorp, Inc., and thereby indirectly acquiring Allied First Bank, S.B., both of Oswego, Illinois.
-Approved, August 12, 2022

Chicago
Two Rivers Financial Group, Inc., Burlington, Iowa -- to acquire Lee County Bank, Fort Madison, Iowa.
-Approved, August 8, 2022

Bank Mergers

Boston
Abington Bank, Abington, Massachusetts -- to merge with Envision Bank, Randolph, Massachusetts.
-Approved, August 11, 2022

St. Louis
BankFirst Financial Services, Macon, Mississippi -- to merge with Sycamore Bank, Senatobia, Mississippi, and to retain the acquired facilities as branches.
-Approved, August 12, 2022

Banks, State Member

San Francisco
East West Bank, Pasadena, California -- to make a public welfare investment.
-Approved, August 8, 2022

Change in Bank Control

Chicago
Arbor Bancorp, Inc., Ann Arbor, Michigan -- William C. Martin 2022 Grantor Retained Annuity Trust, William C. Martin as trustee, both of Ann Arbor, Michigan, to become members of the Martin Family Control Group, a group acting in concert, to acquire voting shares of Arbor Bancorp, Inc., and thereby indirectly acquire voting shares of Bank of Ann Arbor, Ann Arbor, Michigan.
-Permitted, August 8, 2022

Dallas
First Artesia Bancshares, Inc., Artesia, New Mexico -- Terry L. Chandler Trust, Doug Chandler, as trustee, both of Carlsbad, New Mexico, to retain voting shares of First Artesia Bancshares, Inc., and thereby indirectly retain voting shares of First American Bank, Artesia, New Mexico.
-Permitted, August 12, 2022

Kansas City
First Independent Bancorp, Inc., Chickasha, Oklahoma -- Patrick A. Brooks, as co-trustee, Paula K. Brooks Revocable Trust, Paula K. Brooks as trustee, and Mark Smith, all of Chickasha, Oklahoma; certain minor grandchildren of Mr. and Mrs. Brooks, all of Dallas, Texas; Murray Living Trust, Bruce Murray, as co-trustee, both of Wauna, Washington; Kyle Abrahams, individually, and as co-trustee of The First National Bank and Trust Company Employee Stock Ownership Plan (FNBT ESOP), Elijah Young, and certain minor children of Mr. Abrahams, all of Norman, Oklahoma; and the Tanner Shelton Connel Irrevocable Trust, the Jacob Curtis Connel Irrevocable Trust, the Michael Porter Connel Irrevocable Trust, and the Kennamer Hope Connel Irrevocable Trust, Daren Connel, individually, and as co-trustee of all aforementioned trusts, all of North Richland Hills, Texas; to join the Brooks Family Group, a group acting in concert, to retain voting shares of First Independent Bancorp, Inc., and thereby indirectly retain voting shares of The First National Bank and Trust Company, Chickasha, Oklahoma.
-Permitted, August 12, 2022

Dallas
Jefferson Bancshares, Inc., San Antonio, Texas -- Katherine A. Satel 2021 Family Trust One, Katherine A. Satel 2021 Family Trust Two, Emily G. Satel 2021 Family Trust One, Emily G. Satel 2021 Family Trust Two, Caroline M. Satel 2021 Family Trust One, Caroline M. Satel 2021 Family Trust Two, 14 trusts fbo minor children, and Jefferson Bank, as trustee for all of the forementioned trusts, all of San Antonio, Texas, to join the McSween Family Control Group, a group acting in concert, to retain voting shares of Jefferson Bancshares, Inc., and thereby retain voting shares of Jefferson Bank, San Antonio, Texas.
-Permitted, August 12, 2022

Financial Holding Companies

San Francisco
First Northwest Bancorp, Port Angeles, Washington -- election to become a financial holding company.
-Effective, August 5, 2022
(A/C)

Regulations and Policies

Chair
Lending and Liquidity Facilities -- reports to Congress pursuant to section 13(3) of the Federal Reserve Act in response to COVID-19.
-Approved, August 9, 2022

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