FRB: H.2--Actions under delegated authority--Week ending November 8, 2014

Chesapeake Bank, Kilmarnock, Virginia -- to establish a branch at 5501 Patterson Avenue, Richmond.
-Approved, November 5, 2014

Cross County Bank, Wynne, Arkansas -- to establish a branch at 2098 Cross County Bank Boulevard, Wynne.
-Approved, November 5, 2014

Frost Bank, San Antonio, Texas -- to establish a branch at 2627 West Jefferson Boulevard, Dallas.
-Approved, November 4, 2014

Needham Bank, Needham, Massachusetts -- to establish a branch at 41 Front Street, Ashland.
-Approved, November 7, 2014

NewBridge Bank, Greensboro, North Carolina -- to establish a branch at 865 Island Park Drive, Daniel Island, South Carolina.
-Approved, November 5, 2014

Sandy Spring Bank, Olney, Maryland -- to establish a branch at 7550 Wisconsin Avenue, Bethesda.
-Approved, November 5, 2014

Banner Corporation, Walla Walla, Washington -- waiver of application to acquire Siuslaw Financial Group, Inc., Florence, Oregon, in connection with the merger of their respective subsidiaries, Siuslaw Bank and Banner Bank, Walla Walla.
-Granted, November 3, 2014

Beneficial Savings Bank, MHC, Philadelphia, Pennsylvania, and Beneficial Mutual Bancorp, Inc. -- (1) to convert to stock form and merge with Beneficial Bancorp, Inc., Philadelphia; and (2) for Beneficial Bancorp to become a bank holding company by acquiring Beneficial Mutual Savings Bank, Philadelphia.
-Approved, November 4, 2014

Cornerstone Holding Company, Inc., Fargo, North Dakota -- to merge with Lakeside Bank Holding Company, New Town, and thereby indirectly acquire McKenzie County Bank, Watford City, and Lakeside State Bank, New Town.
-Approved, November 6, 2014

ESSA Bancorp, Inc., Stroudsburg, Pennsylvania -- (1) to convert from a savings and loan holding company to a bank holding company by retaining its ownership interest in ESSA Bank & Trust Company, Stroudsburg, and (2) election to become a financial holding company.
-Approved, November 6, 2014

First Northwest Bancorp, Port Angeles, Washington -- to become a bank holding company upon the conversion of First Federal Savings and Loan Association of Port Angeles, Port Angeles, from a mutual savings to a stock savings bank.
-Approved, November 5, 2014

Otten Holdings, LLC, Norfolk, Nebraska, and FEO Investments, Inc. -- to acquire First National Agency, Inc., Wayne.
-Withdrawn, November 4, 2014

United Bancshares, Inc., Columbus Grove, Ohio -- waiver of application to acquire The Ohio State Bank, Marion, in connection with its merger with United Bancshares' subsidiary, The Union Bank Company, Columbus Grove.
-Granted, November 7, 2014

Manufacturers and Traders Trust Company, Buffalo, New York -- to make a public welfare investment.
-Approved, November 6, 2014

Elk County Bankshares, Inc., Howard, Kansas -- to retain control of Elk County Bankshares and its subsidiary, Howard State Bank, Howard.
-Permitted, November 7, 2014

Germantown Capital Corporation, Inc., Germantown, Tennessee -- change in bank control of Germantown Capital Corporation and its subsidiary, First Capital Bank, Germantown.
-Permitted, November 3, 2014

Cabool State Bank Employee Stock Ownership Plan, Cabool, Missouri -- extension to February 20, 2015, to acquire additional shares of Cabool Bancshares, Inc., Cabool, and thereby increase its indirect control of Cabool State Bank.
-Granted, November 7, 2014

IberiaBank, Lafayette, Louisiana -- extension to December 31, 2014, to establish a branch at 1294 Union Avenue, Memphis, Tennessee.
-Granted, November 6, 2014

First Belleville Bancshares, Inc., Abilene, Kansas -- election to become a financial holding company.
-Effective, November 7, 2014

Computershare Trust Company, N.A., Canton, Massachusetts -- waiver of the remainder of the prior-notice period to establish a branch in Manila, the Philippines.
-Granted, November 6, 2014

First National Bank of St. Louis, Clayton, Missouri -- to retain membership in the Federal Reserve System on conversion to a state-chartered institution.
-Approved, November 4, 2014

Ben Franklin Financial MHC, Arlington Heights, Illinois -- (1) to convert from mutual to stock form and to merge with Ben Franklin Financial, Inc., Arlington Heights; (2) for Ben Franklin Financial, Inc., to merge into a new Maryland Corporation also named Ben Franklin Financial, Inc.; and (3) for that company to become a savings and loan holding company by acquiring Ben Franklin Bank of Illinois, Arlington Heights.
-Approved, November 7, 2014

Actions under delegated authority

Actions taken during the week ending November 8, 2014

Bank Branches, Domestic

Bank Holding Companies

Banks, State Member

Change in Bank Control

Extensions of Time

Financial Holding Companies

International Operations

Membership

Savings and Loan Holding Companies