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 September 24, 2022


Bank Branches, Domestic

Minneapolis
Dacotah Bank, Aberdeen, South Dakota -- to establish a branch at 2112 North 12th Street, Bismarck, North Dakota.
-Approved, September 21, 2022

Kansas City
First Option Bank, Osawatomie, Kansas -- to establish a branch at 7300 West 159th Street, Overland Park, Kansas.
-Approved, September 19, 2022

St. Louis
Independence Bank of Kentucky, Owensboro, Kentucky -- to establish a branch at 115 Sam Walton Drive, Russellville, Kentucky.
-Approved, September 21, 2022

Atlanta
SmartBank, Pigeon Forge, Tennessee -- to establish a branch at 170 East Main Street, Dothan, Alabama.
-Approved, September 23, 2022

Philadelphia
Univest Bank and Trust Co., Souderton, Pennsylvania -- to establish a branch at 175 West Ostend Street, Baltimore, Maryland.
-Approved, September 22, 2022

Bank Holding Companies

Kansas City
Elevation Bancshares, Inc., (Elevation) St. Louis, Missouri -- to become a bank holding company by acquiring The First National Bank of Sedan (Sedan), Sedan, Kansas, through Elevation's newly formed interim bank, Elevation Interim National Bank, which will merge with and into Sedan.
-Approved, September 21, 2022

Kansas City
Landmark Bancorp, Inc., Manhattan, Kansas -- waiver of application to acquire Freedom Bancshares, Inc., and its subsidiary, Freedom Bank, both of Overland Park, Kansas, in connection with the merger of Freedom Bank with and into Landmark National Bank, Manhattan, Kansas.
-Granted, September 22, 2022

Dallas
Maverick Bancshares, Inc., Fort Worth, Texas -- to acquire Fort Davis Bancshares, Inc., and thereby indirectly acquire Fort Davis Bank, both of Fort Davis, Texas.
-Approved, September 21, 2022

Banks, State Member

Secretary
Silicon Valley Bank, Santa Clara, California -- to make a public welfare investment.
-Approved, September 16, 2022
(A/C)

Change in Bank Control

St. Louis
FB Corporation, Creve Coeur, Missouri -- The EDM Class A Common Trust II, Ellen Dierberg Milne, as trustee, both of Jackson, Wyoming; and the MJD Class A Common Irrevocable Trust II, Jackson, Wyoming, Michael J. Dierberg, St. Louis, Missouri, and Ellen Dierberg Milne, Jackson, Wyoming, as co-trustees; to join the Dierberg Family Control Group, a group acting in concert, to retain voting shares of FB Corporation and thereby indirectly retain voting shares of First Bank, Creve Coeur, Missouri.
-Permitted, September 20, 2022

Atlanta
FineMark Holdings, Inc., Fort Myers, Florida -- Strategic Value Investors, LP; Strategic Value Bank Partners, LLC; Strategic Value Opportunities, LP; Strategic Value Private Partners, LLC; and Benjamin Mackovak and Martin Adams, each a managing member of Strategic Value Bank Partners, LLC, and Strategic Value Private Partners, LLC, all of Cleveland, Ohio; a group acting in concert, to acquire voting shares of FineMark Holdings, Inc., and thereby indirectly acquire voting shares of FineMark National Bank & Trust, Fort Myers, Florida.
-Returned, September 12, 2022
(A/C)

St. Louis
Hometown Bancorp, Inc., Milan, Tennessee -- Jeffrey Joe Stinson, Milan, Tennessee; the Patricia Ross Jones 2021 GST-Exempt ESBT Trust, Patricia Jones, as trustee, both of Trenton, Tennessee; the Linda Ross Szopinski 2021 GST-Exempt ESBT Trust, Linda Szopinski, as trustee, the John W. Ross 2021 GST-Exempt ESBT Trust, John Ross, as trustee, the Sandra K. Ross 2021 GST-Exempt ESBT Trust, Sandra Stinson, as trustee, John W. Ross and Missy Ross, James Szopinski, Community Bank f/b/o Jeffrey Stinson IRA, all of Milan, Tennessee; and Barry Jones, Trenton, Tennessee; a group acting in concert, to acquire and retain voting shares of Hometown Bancorp, Inc., and thereby indirectly acquire and retain voting shares of The Bank of Milan, Milan, Tennessee.
-Permitted, September 23, 2022

Extensions of Time

Dallas
Origin Bank, Choudrant, Louisiana -- extension to September 21, 2023, to merge with BTH Bank National Association, Quitman, Texas, and to establish all locations of BTH Bank National Association as branches.
-Granted, September 21, 2022

Director, S&R
Wells Fargo & Company, San Francisco, California -- extension of time to conform or divest a merchant banking investment.
-Granted, September 16, 2022
(A/C)

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