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 November 15, 2014


Bank Holding Companies

Kansas City
Norton Bankshares, Inc., Norton, Kansas -- waiver of application to acquire First Holdrege Bancshares, Inc., Holdrege, Nebraska, in connection with the merger of their respective subsidiaries, The First State Bank, Norton, and The First National Bank of Holdrege.
-Granted, November 12, 2014

Boston
Salisbury Bancorp, Inc., Lakeville, Connecticut -- waiver of application to acquire Riverside Bank, Poughkeepsie, New York, in connection with its merger with Salisbury Bank and Trust Company, Lakeville.
-Granted, November 14, 2014

St. Louis
Sterling Bancshares, Inc., Poplar Bluff, Missouri -- to acquire Bootheel Bancorp, Inc., Poplar Bluff, and thereby indirectly acquire First Community Bank.
-Approved, November 12, 2014

Bank Mergers

St. Louis
Southern Bank, Poplar Bluff, Missouri -- to merge with Peoples Bank of the Ozarks, Nixa, and to retain the acquired facilities as branches.
-Approved, November 14, 2014

Bank Premises

Kansas City
CornerBank, Winfield, Kansas -- to increase its investment in bank premises.
-Approved, November 12, 2014

Change in Bank Control

Dallas
ABCT Holdings, Inc., Waco, Texas -- change in bank control of ABCT Holdings, Inc., and its subsidiary, Alliance Bank Central Texas, Waco.
-Permitted, November 14, 2014

St. Louis
First Alliance Bancshares, Inc., Cordova, Tennessee -- to retain control of First Alliance Bancshares, Inc., and its subsidiary, First Alliance Bank, Cordova.
-Permitted, November 14, 2014

Richmond
KS Bancorp, Inc., Smithfield, North Carolina -- change in bank control of KS Bancorp, Inc., and its subsidiary, KS Bank, Inc., Smithfield.
-Permitted, November 14, 2014

Chicago
Northwood Financial Services Corporation, Northwood, Iowa -- change in bank control of Northwood Financial Services Corporation and its subsidiary, NSB Bank, Mason City.
-Permitted, November 12, 2014

Extensions of Time

Chicago
Libertyville Bank & Trust Company, Libertyville, Illinois -- extension to February 23, 2015, to establish a branch at 169 North Lake Street, Mundelein.
-Granted, November 12, 2014

San Francisco
PBB Bancorp, Los Angeles, California -- extension to December 1, 2014, to become a bank holding company by acquiring Premier Business Bank, Los Angeles.
-Granted, November 14, 2014

Financial Holding Companies

Kansas City
RCB Holding Company, Inc., Claremore, Oklahoma -- election to become a financial holding company.
-Effective, November 12, 2014

Regulations and Policies

Director, MA
Regulation D (Reserve Requirements of Depository Institutions) -- annual indexing of the reserve requirement exemption amount, low reserve tranche, nonexempt deposit cutoff level, and reduced reporting limit for 2015.
-Approved, November 12, 2014

Savings and Loan Holding Companies

Richmond
MB Bancorp, Inc., Forest Hill, Maryland -- to become a savings and loan holding company by acquiring Madison Bank of Maryland, Forest Hill, in connection with its conversion from mutual to stock form.
-Approved, November 10, 2014

Cleveland
MW Bancorp, Inc., Cincinnati, Ohio -- to become a savings and loan holding company by acquiring Mt. Washington Savings Bank, Cincinnati, in connection with its conversion from mutual to stock form.
-Approved, November 12, 2014

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