Actions under delegated authority

Actions taken during the week ending August 29, 2020

Bank Branches, Domestic

Kansas City

AmeriState Bank, Atoka, Oklahoma -- to establish a branch at 503 West Main Street, Tishomingo, and increase its investment in bank premises.
-Approved, August 27, 2020

Atlanta

Bank Independent, Sheffield, Alabama -- to establish a branch at 225 Holmes Avenue, Huntsville.
-Withdrawn, August 27, 2020

Kansas City

Equity Bank, Andover, Kansas -- to establish a branch at 7035 College Boulevard, Overland Park.
-Approved, August 28, 2020

Dallas

Texas Regional Bank, Harlingen, Texas -- to establish a branch at 3944 Ranch Road 620 South, Bee Cave.
-Approved, August 26, 2020

Bank Holding Companies

Minneapolis

Park Financial Group, Inc., Minneapolis, Minnesota -- to increase its ownership in Mesaba Bancshares, Inc., Grand Rapids, to 100 percent and thereby indirectly acquire American Bank of the North, Nashwauk, and The Lake Bank, Two Harbors.
-Approved, August 17, 2020
(A/C)

Banks, State Member

Secretary

Silicon Valley Bank, Santa Clara, California -- to make a public welfare investment.
-Approved, August 28, 2020

Change in Bank Control

Chicago

Arbor Bancorp, Inc., Ann Arbor, Michigan -- change in bank control of Arbor Bancorp, Inc., and its subsidiary, Bank of Ann Arbor, Ann Arbor.
-Permitted, August 25, 2020

Minneapolis

DCNB Holding Company, Clear Lake, South Dakota -- change in bank control of DCNB Holding Company and its subsidiary, DNB National Bank, Clear Lake.
-Permitted, August 25, 2020

Extensions of Time

Dallas

A.N.B. Holding Company, Ltd., Terrell, Texas -- extension to December 2, 2020, to acquire shares of The ANB Corporation, Terrell, and indirectly acquire The American National Bank of Texas.
-Granted, August 26, 2020

Richmond

Farmers and Merchants Bancshares, Inc., Hampstead, Maryland -- extension to November 26, 2020, to acquire Carroll Bancorp, Inc., Sykesville, and thereby acquire Carroll Community Bank.
-Granted, August 24, 2020

Boston

State Street Bank and Trust Company, Boston, Massachusetts; and State Street International Holdings (SSIH) -- extension to August 25, 2021, to invest in certain subsidiaries of SSIH, under Regulation K.
-Granted, August 25, 2020

International Operations

New York

Citigroup Inc., New York, New York -- prior notice to make an additional investment, pursuant to Regulation K.
-No Objection, August 26, 2020

Membership

St. Louis

Gateway Bank, Rison, Arkansas -- to become a member of the Federal Reserve System.
-Approved, August 24, 2020

San Francisco

Plumas Bank, Quincy, California -- to become a member of the Federal Reserve System.
-Approved, August 26, 2020