Board of Governors of the Federal Reserve System

The Peoples Bank & Trust Company of Hazard, Hazard, Kentucky -- to establish a branch at 102 River Drive, Irvine, Kentucky.
Approved: May 6, 2025

The State Bank and Trust Company, Defiance, Ohio -- to establish a branch at 1414 North Scott Street, Napoleon, Ohio.
Approved: May 9, 2025

The Bank and Trust, SSB, Del Rio, Texas -- to establish a branch at 3604 North Bryant Boulevard, San Angelo, Texas.
Approved: May 7, 2025

Texas Regional Bank, Harlingen, Texas -- to establish a branch at 13300 FM 1488, Magnolia, Texas.
Approved: May 6, 2025

Blue Sky Bank, Pawhuska, Oklahoma -- to establish a branch at 15301 Dallas Parkway, Addison, Texas.
Approved: May 8, 2025

Old Second Bancorp, Inc., Aurora, Illinois -- to merge with Bancorp Financial, Inc., and thereby indirectly acquire Evergreen Bank Group, both of Oak Brook, Illinois.
Approved: May 8, 2025

First Citizens Bancshares, Inc., Raleigh, North Carolina -- request to redeem certain subordinated debt instruments.*
Granted: April 29, 2025
*Addition

First State Holding Co., Lincoln, Nebraska -- waiver of application to acquire Community State Bank, Colon, Nebraska, in connection with the merger of Community State Bank with and into First State Bank, Lincoln, Nebraska.
Granted: May 7, 2025

First State Bank Nebraska, Lincoln, Nebraska -- to merge with Community State Bank, Colon, Nebraska, and thereby establish branches in Colon, Nebraska, and Cedar Bluffs, Nebraska.
Approved: May 7, 2025

CIBC Bank USA, Chicago, Illinois -- to make a public welfare investment.
Approved: May 8, 2025

CIBC Bank USA, Chicago, Illinois -- to make a public welfare investment.
Approved: May 6, 2025

Merchants Bancorp, Carmel, Indiana -- the Petrie Grandchildren Trust (December 27, 2019), Carmel, Indiana, Julia L. Kaercher, Carmel, Indiana, Emily J. Pell, Denver, Colorado, and Jody Petrie, Carmel, Indiana, as co-trustees; Kaercher Children GST Trust (October 29, 2021), Carmel, Indiana, Emily J. Pell, Denver, Colorado, as trustee; Kaercher Children GST Trust (December 8, 2020), Carmel, Indiana, Emily J. Pell, Denver, Colorado, as trustee; and Julia L. Kaercher, Carmel, Indiana; to join the Petrie Control Group, a group acting in concert, to retain voting shares of Merchants Bancorp and thereby indirectly retain voting shares of Merchants Bank of Indiana, Carmel, Indiana. In addition, Emily J. Pell, Denver, Colorado; to acquire voting shares of Merchants Bancorp and thereby indirectly acquire voting shares of Merchants Bank of Indiana.
Permitted: May 8, 2025

Relationship Financial Corporation, Kerrville, Texas -- the Charles J. Whelan, Jr. 2024 Trust (Trust), Cynthia Ann Whelan, as trustee, and Charles J. Whelan, Jr., all of Kerrville, Texas; to acquire voting shares of Relationship Financial Corporation and thereby indirectly acquire voting shares of Guadalupe Bank, Kerrville, Texas, and for the Trust to join the Whelan Family Group, a group acting in concert. In addition, Charles Joseph Whelan, Jr., Cynthia Ann Whelan, Kevin Joseph Whelan, and Adria Nicole Whelan, all of Kerrville, Texas; Leslie Whelan White and Aaron James White, both of Austin, Texas; as part of the Whelan Family Group, to retain voting shares of Relationship Financial Corporation and thereby indirectly retain voting shares of Guadalupe Bank.
Permitted: May 9, 2025

Lending and Liquidity Facilities -- reports to Congress under section 13(3) of the Federal Reserve Act in response to COVID-19.
Approved: May 9, 2025