Actions under delegated authority

Actions taken during the week ending November 11, 2017

Bank Branches, Domestic

New York

Empire State Bank, Newburgh, New York -- to establish branches at 6923 18th Avenue, Brooklyn, and 1698 Victory Boulevard, Staten Island (two applications).
-Approved, November 9, 2017

Cleveland

The State Bank and Trust Company, Defiance, Ohio -- to establish a branch at 1232 North Main Street, Bowling Green.
-Approved, November 8, 2017

Bank Holding Companies

Boston

Beacon Bancorp, Taunton, Massachusetts -- for its subsidiary, Bristol County Savings Bank, Taunton, to acquire an interest in RFG-Bristol Wealth Advisors, LLC, Taunton.
-Withdrawn, November 9, 2017

St. Louis

First Capital, Inc., Corydon, Indiana -- to become a bank holding company through the conversion of First Harrison Bank, Corydon, from a federal savings bank to a state-chartered commercial bank; and election to become a financial holding company.
-Approved, November 8, 2017

General Counsel

Heritage Financial Corporation, Olympia, Washington -- waiver of application to acquire Puget Sound Bancorp, Inc., Bellevue, in connection with the merger of their subsidiaries, Puget Sound Bank with and into Heritage Bank, Olympia.
-Granted, November 8, 2017

Cleveland

SSB Bancorp, MHC, Pittsburgh, Pennsylvania, and SSB Bancorp, Inc. -- to become a mutual bank holding company and a stock bank holding company, respectively, by acquiring Slovak Savings Bank, Pittsburgh, in connection with the conversion of Slovak Savings Bank from mutual to stock form and a minority stock issuance by SSB Bancorp.
-Approved, November 7, 2017

Dallas

TB&T Bancshares, Inc., Bryan, Texas -- to become a bank holding company by acquiring The Bank & Trust of Bryan/College Station, Bryan.
-Approved, November 9, 2017

Change in Bank Control

Chicago

Capital Bancshares, Inc., Primghar, Iowa -- to retain control of Capital Bancshares, Inc., and its subsidiary, Savings Bank, Primghar.
-Permitted, November 9, 2017

Kansas City

Tuttle Bancshares, Inc., Tuttle, Oklahoma -- to retain control of Tuttle Bancshares, Inc., and its subsidiary, Sooner State Bank, Tuttle.
-Permitted, November 9, 2017

Extensions of Time

Chicago

Cedar Rapids Bank and Trust Company, Cedar Rapids, Iowa -- extension to November 23, 2017, to merge with Guaranty Bank and Trust Company, Cedar Rapids, and thereby establish branches.
-Granted, November 7, 2017

Financial Holding Companies

Cleveland

Peoples National Bancshares, Inc., New Lexington, Ohio -- election to become a financial holding company.
-Effective, November 7, 2017

Regulations and Policies

Secretary

Regulation I (Issue and Cancellation of Federal Reserve Bank Capital Stock) -- final rule to apply an inflation adjustment to the asset threshold at which banks are subject to different dividend rates for their Federal Reserve Bank stock.
-Approved, November 7, 2017

Secretary

Regulations Z (Truth in Lending) and M (Consumer Leasing) -- final interagency amendments to establish dollar thresholds in 2018 for exempting (1) certain consumer credit and lease transactions from the Truth in Lending Act and Consumer Leasing Act, respectively, and (2) certain small loans from the real estate appraisal requirements for higher-priced mortgages, both based on changes in the consumer price index.
-Approved, November 2, 2017
(A/C)

Savings and Loan Holding Companies

Dallas

Susser Bank Holdings, LLC, Corpus Christi, Texas -- to become a savings and loan holding company by acquiring shares of BancAffiliated, Inc., Arlington, and thereby acquire control of Affiliated Bank, Bedford.
-Withdrawn, November 10, 2017