Actions under delegated authority

Actions taken during the week ending January 4, 2020

Bank Branches, Domestic

Dallas

Central Bank, Houston, Texas -- to establish a branch at 2799 Katy Freeway, Houston.
-Approved, January 3, 2020

St. Louis

The Citizens Bank, Batesville, Arkansas -- to establish a branch at 8000 Cantrell Road, Little Rock.
-Approved, January 2, 2020

Atlanta

Franklin Synergy Bank, Franklin, Tennessee -- to establish a mobile branch to serve Davidson, Maury, Rutherford, Williamson, and Wilson counties.
-Approved, January 2, 2020

Dallas

Vista Bank, Dallas, Texas -- to establish messenger service branches in the Greater Austin Area and the Greater Lubbock Area (two applications).
-Approved, January 3, 2020

Bank Holding Companies

St. Louis

Commonwealth Bancshares, Inc., Louisville, Kentucky -- to engage in nonbank activities through the acquisition of shares of Landmark Financial Advisors LLC, Bowling Green.
-Approved, December 23, 2019
(A/C)

St. Louis

Independent Community Bancorp, Inc., Frankfort, Kentucky -- to engage in nonbank activities through the acquisition of Bankers Service Corporation, Lexington.
-Approved, December 30, 2019

Bank Mergers

St. Louis

First Horizon Bank, Memphis, Tennessee -- to purchase certain assets and assume certain liabilities of 30 branches of SunTrust Bank, Atlanta, Georgia, and to retain the acquired facilities as branches.
-Approved, January 3, 2020

Change in Bank Control

Kansas City

Commerce Bank and Trust Holding Company Employee Stock Ownership Plan, Topeka, Kansas -- change in bank control of the Commerce Bank and Trust Holding Company Employee Stock Ownership Plan and its subsidiaries, Commerce Bank and Trust Holding Company, Topeka, and CoreFirst Bank & Trust.
-Permitted, December 31, 2019

Kansas City

Commerce Bank and Trust Holding Company, Topeka, Kansas -- change in bank control of Commerce Bank and Trust Holding Company and its subsidiary, CoreFirst Bank & Trust, Topeka (two notices).
-Permitted, December 31, 2019

Dallas

MNB Ventures, Inc., Mercedes, Texas -- change in bank control of MNB Ventures, Inc., and its subsidiary, Texas National Bank, Mercedes.
-Permitted, December 31, 2019

Extensions of Time

Kansas City

Bern Bancshares, Inc., Bern, Kansas -- extension to April 3, 2020, to acquire shares of UBT Bancshares, Inc., Marysville, and thereby indirectly acquire United Bank & Trust.
-Granted, January 3, 2020

Secretary

Qualified Financial Contracts (QFCs) -- extensions of time for the following institutions to comply with certain requirements of the Board's QFC stay rule: Bank of America Corporation; Citigroup Inc.; Bank of New York Mellon Corporation; State Street Corporation; JPMorgan Chase & Co.; Goldman Sachs Group, Inc.; Wells Fargo & Company; and Morgan Stanley.
-Granted, December 26, 2019
(A/C)

San Francisco

US Metro Bancorp, Inc., Garden Grove, California -- extension to February 1, 2020, to become a bank holding company by acquiring US Metro Bank, Garden Grove.
-Granted, December 30, 2019