Board of Governors of the Federal Reserve System

Ocean Bankshares, Inc., and Ocean Bank, both of Miami, Florida -- request by Agostinho Alfonso Macedo Moncayo, Olga Elizabeth Macedo De Pita, Javier Macedo Rodriguez, Juan Jose De Abreu Macedo, and Carmen Elena De Abreu for relief from certain commitments.*
Granted: December 17, 2024
*Addition

NBT Bancorp Inc., Norwich, New York -- waiver of application to acquire Evans Bancorp, Inc., Williamsville, New York, and thereby acquire Evans Bank, National Association (Evans Bank), Angola, New York, in connection with the merger of Evans Bank with and into NBT Bank, National Association, Norwich, New York.*
Granted: December 18, 2024
*Addition

Manufacturers and Traders Trust Company, Buffalo, New York -- to make a public welfare investment.*
Approved: December 19, 2024
*Addition

Bank Iowa Corporation, West Des Moines, Iowa -- Kathryn Paige Duncan, Lincoln, Nebraska, to acquire voting shares of Bank Iowa Corporation and thereby indirectly acquire voting shares of Bank Iowa, West Des Moines, Iowa.*
Permitted: December 17, 2024
*Addition

Bank Iowa Corporation, West Des Moines, Iowa -- J. Bradley Barr, Gold Canyon, Arizona, individually and as trustee of each of the J. Bradley Barr Trust and the Drew M. Clanton Trust, all of Gold Canyon, Arizona; Drew M. Clanton, Lincoln, Nebraska; Noah Barr, Waukee, Iowa; and Luke Barr, Gold Canyon, Arizona, a group acting in concert, to form the Barr Family Control Group to retain voting shares of Bank Iowa Corporation and thereby indirectly retain voting shares of Bank Iowa, West Des Moines, Iowa.*
Permitted: December 17, 2024
*Addition

Community First Bancshares, Inc., Butler, Missouri -- the Glenn R. Hamilton Trust dated November 20, 1998, Glenn R. Hamilton as trustee, and Marsha Hamilton, all of Butler, Missouri; each a member of the Hamilton Family Control Group, a group acting in concert, to acquire voting shares and thereby control of Community First Bancshares, Inc., and thereby indirectly acquire control of Community First Bank, Butler, Missouri.*
Permitted: December 20, 2024
*Addition

Blair Holdings, Inc., Omaha, Nebraska -- Clarkson Lauritzen, as trustee of the previously approved John R. Lauritzen Irrevocable Trust and the Elizabeth D. Lauritzen Irrevocable Trust, all of Omaha, Nebraska; to retain voting shares of Blair Holdings, Inc. (BHI), and thereby indirectly retain voting shares of Washington County Bank (WCB), Blair, Nebraska. In addition, the John R. Lauritzen 1972 Trust fbo Margaret L. Dodge and Family, First National Bank of Omaha (FNBO) and Margaret Dodge, co-trustees; and the Elizabeth D. Lauritzen 1972 Trust fbo Margaret L. Dodge and Family, FNBO and Margaret Dodge, co-trustees, all of Omaha, Nebraska; to become members of the Lauritzen Family Group, a group acting in concert, to acquire voting shares of BHI and thereby indirectly acquire voting shares of WCB.*
Permitted: December 20, 2024
*Addition

Danes Holdings, Inc., Omaha, Nebraska -- Clarkson Lauritzen, as trustee of the previously approved John R. Lauritzen Irrevocable Trust and the Elizabeth D. Lauritzen Irrevocable Trust, all of Omaha, Nebraska; to retain voting shares of Danes Holdings, Inc. (Danes), and thereby indirectly retain voting shares of Shelby County State Bank (SCB), Harlan, Iowa. In addition, the John R. Lauritzen 1972 Trust fbo Clarkson D. Lauritzen & Family, First National Bank of Omaha (FNBO) and Clarkson Lauritzen, co-trustees; and the Elizabeth D. Lauritzen 1972 Trust fbo Clarkson D. Lauritzen & Family, FNBO and Clarkson Lauritzen, co-trustees, all of Omaha, Nebraska, to acquire voting shares of Danes and thereby indirectly acquire voting shares of SCB.*
Permitted: December 20, 2024
*Addition

First National of Nebraska, Inc., Omaha, Nebraska -- Clarkson Lauritzen, as Chairman of Lauritzen Corporation and Vice President of FirstLine Insurance Services, Inc.; as voting representative of two family trusts; and as trustee of five family trusts; all of Omaha, Nebraska; to retain voting shares of First National of Nebraska, Inc. (FNNI), and thereby indirectly retain voting shares of First National Bank of Omaha (FNBO), Omaha, Nebraska. In addition, the Clarkson D. Lauritzen Dynasty Trust and the Emily Lauritzen Revocable Trust dtd 7-22-2008, Emily Lauritzen, trustee; the Bruce R. Lauritzen 2022 Grantor Retained Annuity Trust I-A, dated June 16, 2022, and the Bruce R. Lauritzen 2023 Grantor Retained Annuity Trust I-A, dated June 16, 2023, FNBO, trustee, Margaret Dodge, voting representative; the 2012 Dynasty Trust for the Benefit of Margaret Lauritzen Dodge, the 2019 John P. Dodge Irrevocable Trust, the 2019 Isabelle C. Dodge Irrevocable Trust, the 2019 Eleanor W. Dodge Irrevocable Trust, and the 2019 Laura C. Dodge Irrevocable Trust, Margaret Dodge, trustee; the Margaret Lauritzen Dodge Irrevocable Legacy Trust, Nathan Dodge, trustee, individually and through McKay Investments LLC; McKay Investments LLC, Margaret Lauritzen Dodge Irrevocable Legacy Trust, Nathan Dodge, trustee; the Bruce R. Lauritzen 2022 Grantor Retained Annuity Trust II-A, dated June 16, 2022, and the Bruce R. Lauritzen 2023 Grantor Retained Annuity Trust II-A, dated June 16, 2023, FNBO, trustee, Blair Gogel, voting representative; the 2012 Dynasty Trust for the Benefit of Blair Lauritzen Gogel, the 2019 Kimball A. Gogel Irrevocable Trust, and the 2019 Thomas M. Gogel Irrevocable Trust, Blair Gogel, trustee; the Emily Wahl Lauritzen Irrevocable Dynasty Trust, dated June 17, 2020, FNBO, trustee, Blair Gogel, investment committee member, individually and through KBL LLC; KBL LLC, Emily Wahl Lauritzen Irrevocable Dynasty Trust dtd 6-17-20 Class A Holder, FNBO, trustee, Blair Gogel, investment committee member; Lookout Mountain LLC, and others to retain voting shares of FNNI and thereby indirectly retain voting shares of FNBO. In addition, Blair Gogel, Mission Hills, Kansas, as Vice President of FirstLine Insurance Services; as voting representative of the Bruce R. Lauritzen 2022 Grantor Retained Annuity Trust II-A, dated June 16, 2022, and the Bruce R. Lauritzen 2023 Grantor Retained Annuity Trust II-A, dated June 16, 2023, and as trustee and investment committee member of other trusts to acquire voting shares of FNNI and thereby indirectly acquire voting shares of FNBO.*
Permitted: December 20, 2024
*Addition

Lauritzen Corporation, Omaha, Nebraska -- Clarkson Lauritzen, individually, as voting representative of the Bruce R. Lauritzen 2022 Grantor Retained Annuity Trust III-A, dated June 16, 2022 and the Bruce R. Lauritzen 2023 Grantor Retained Annuity Trust III-A, dated June 16, 2023, and as trustee of the Clarkson D. Lauritzen Revocable Trust, the Clarkson D. Lauritzen GST-Exempt Trust, and the previously approved John R. Lauritzen Irrevocable Trust and Elizabeth D. Lauritzen Irrevocable Trust, all of Omaha, Nebraska; the Margaret L. Dodge Revocable Trust and the Margaret L. Dodge GST Exempt Trust, Margaret Dodge, trustee, all of Omaha, Nebraska; the Blair L. Gogel Revocable Trust and the Blair L. Gogel GST-Exempt Trust, both of Omaha, Nebraska, Blair Gogel, trustee, Mission Hills, Kansas; and the Emily Wahl Lauritzen Irrevocable Dynasty Trust, dated June 17, 2020, Omaha, Nebraska, First National Bank of Omaha (FNBO), trustee, Blair Gogel, investment committee member; to become members of the Lauritzen Family Group, a group acting in concert, to retain voting shares of Lauritzen Corporation (Corporation) and thereby indirectly retain voting shares of First National of Nebraska, Inc. (FNNI), and its subsidiary, FNBO, both of Omaha, Nebraska. In addition, the John R. Lauritzen 1972 Trust fbo Clarkson D. Lauritzen & Family, FNBO and Clarkson Lauritzen, co-trustees, all of Omaha, Nebraska; the Elizabeth D. Lauritzen 1972 Trust fbo Clarkson D. Lauritzen & Family, FNBO and Clarkson Lauritzen, co-trustees; the John R. Lauritzen 1972 Trust fbo Margaret L. Dodge & Family and the Elizabeth D. Lauritzen 1972 Trust fbo Margaret L. Dodge & Family, FNBO and Margaret Dodge, co-trustees; the John R. Lauritzen 1972 Trust fbo Blair L. Gogel & Family and the Elizabeth D. Lauritzen 1972 Trust fbo Blair L. Gogel & Family, FNBO and Blair Gogel, co-trustees, trusts all of Omaha, Nebraska; Margaret Dodge, individually; and Blair Gogel, individually; to become members of the Lauritzen Family Group, to acquire voting shares of Corporation and thereby indirectly acquire voting shares of FNNI and its subsidiary FNBO.*
Permitted: December 20, 2024
*Addition

Lauritzen Investments, Incorporated, Omaha, Nebraska -- Clarkson Lauritzen, as trustee of the Clarkson D. Lauritzen Revocable Trust, and the previously approved John R. Lauritzen Irrevocable Trust and Elizabeth D. Lauritzen Irrevocable Trust, all of Omaha, Nebraska; the Clarkson D. Lauritzen Revocable Trust, Clarkson Lauritzen, trustee; the Margaret L. Dodge Revocable Trust, Margaret Dodge, individually and as trustee, all of Omaha, Nebraska; the Bruce R. Lauritzen 2022 Grantor Retained Annuity Trust I-A, dated June 16, 2022 and the Bruce R. Lauritzen 2023 Grantor Retained Annuity Trust I-A, dated June 16, 2023, First National Bank of Omaha (FNBO), trustee, Margaret Dodge, voting representative, all of Omaha, Nebraska; the Bruce R. Lauritzen 2022 Grantor Retained Annuity Trust II-A, dated June 16, 2022 and the Bruce R. Lauritzen 2023 Grantor Retained Annuity Trust II-A, dated June 16, 2023, both of Omaha, Nebraska, FNBO, trustee, Blair Gogel, as voting representative, Mission Hills, Kansas; and the Blair Gogel Revocable Trust, Omaha, Nebraska, Blair Gogel, trustee; to become members of the Lauritzen Family Group, a group acting in concert, to retain voting shares of Lauritzen Investments, Inc. (Investments), and thereby indirectly retain voting shares of Farmers and Merchants State Bank (F&M), Bloomfield, Nebraska. In addition, the John R. Lauritzen 1972 Trust fbo Margaret L. Dodge & Family, First National Bank of Omaha (FNBO) and Margaret Dodge, co-trustees, all of Omaha, Nebraska; the John R. Lauritzen 1972 Trust fbo Blair L. Gogel & Family, FNBO, co-trustee, both of Omaha, Nebraska, and Blair Gogel, co-trustee, Mission Hills, Kansas; the Elizabeth D. Lauritzen 1972 Trust fbo Margaret L. Dodge & Family, FNBO and Margaret Dodge, co-trustees; the Elizabeth D. Lauritzen 1972 Trust fbo Blair L. Gogel & Family, FNBO and Blair Gogel, co-trustees; both trusts of Omaha, Nebraska; and Blair Gogel, individually; to become members of the Lauritzen Family Group to acquire voting shares of Investments and thereby indirectly acquire voting shares of F&M.*
Permitted: December 20, 2024
*Addition

Red Oak Financial Corporation, Omaha, Nebraska -- Clarkson Lauritzen, as trustee of the previously approved John R. Lauritzen Irrevocable Trust and the Elizabeth D. Lauritzen Irrevocable Trust, all of Omaha, Nebraska; to retain voting shares of Red Oak Financial Corporation (Red Oak) and thereby indirectly retain voting shares of Houghton State Bank (HSB), Red Oak, Iowa. In addition, the John R. Lauritzen 1972 Trust fbo Clarkson D. Lauritzen & Family, First National Bank of Omaha (FNBO) and Clarkson Lauritzen, co-trustees; and the Elizabeth D. Lauritzen 1972 Trust fbo Clarkson D. Lauritzen & Family, FNBO and Clarkson Lauritzen, co-trustees, all of Omaha, Nebraska; to become members of the Lauritzen Family Group, a group acting in concert, to acquire voting shares of Red Oak and thereby indirectly acquire voting shares of HSB.*
Permitted: December 20, 2024
*Addition

York Holdings, Inc., Omaha, Nebraska -- Clarkson Lauritzen, as trustee of the previously approved John R. Lauritzen Irrevocable Trust and the Elizabeth D. Lauritzen Irrevocable Trust, all of Omaha, Nebraska; to retain voting shares of York Holdings, Inc. (YHI), and thereby indirectly retain voting shares of York State Bank (YSB), York, Nebraska. In addition, the John R. Lauritzen 1972 Trust fbo Margaret L. Dodge and Family, First National Bank of Omaha (FNBO) and Margaret Dodge, co-trustees; and the Elizabeth D. Lauritzen 1972 Trust fbo Margaret L. Dodge and Family, FNBO and Margaret Dodge, co-trustees, all of Omaha, Nebraska; to become members of the Lauritzen Family Group, a group acting in concert, to acquire voting shares of YHI and thereby indirectly acquire voting shares of YSB.*
Permitted: December 20, 2024
*Addition

Morgan Stanley, New York, New York -- extension of time to conform or divest a merchant banking investment.*
Granted: December 18, 2024
*Addition

Oostburg Bancorp, Inc., Oostburg, Wisconsin -- election to become a financial holding company.*
Effective: December 19, 2024
*Addition