Board of Governors of the Federal Reserve System

Waterman Acquisition Group, LLC, Wilmette, Illinois -- waiver of application to acquire Montgomery Bancshares, Inc., and thereby indirectly acquire Bank of Montgomery, both of Montgomery, Illinois.
Granted: March 16, 2023

MO/ARK Bancshares, Inc., Hollister, Missouri -- to become a bank holding company by acquiring Stone Bancshares, Inc., and thereby indirectly acquiring Stone Bank, both of Mountain View, Arkansas.
Approved: March 17, 2023

Evans Bancorp, Inc., Angola, New York -- PL Capital, LLC; Goodbody/PL Capital, LLC; Financial Edge Fund, L.P.; Financial Edge-Strategic Fund, L.P.; PL Capital/Focused Fund, L.P.; Goodbody/PL Capital, L.P.; PL Capital Advisors, LLC; and John W. Palmer and Richard J. Lashley, as principals and managing members of PL Capital Advisors, LLC, PL Capital, LLC, and Goodbody/PL Capital LLC, all of Naples, Florida; as a group acting in concert, to acquire additional voting shares of Evans Bancorp, Inc., and thereby indirectly acquire additional voting shares of Evans Bank, N.A., Angola, New York.
Permitted: March 16, 2023

Prime Banc Corp., Effingham, Illinois -- KJ Jansen, LP, and Robert G. Willenborg, individually and as general partner of KJ Jansen, LP, both of Effingham, Illinois; as a group acting in concert, to acquire voting shares of Prime Banc Corp., and thereby indirectly acquire voting shares of Dieterich Bank, Effingham, Illinois.
Permitted: March 17, 2023

Armor Bank, Forrest City, Arkansas -- extension to November 13, 2023, to establish a branch at 1100 South 52nd Street, Rogers, Arkansas.
Granted: March 13, 2023

Farmers Bank & Trust Company, Magnolia, Arkansas -- extension to June 15, 2023, to establish a branch at 3000 Lamar Avenue, Paris, Texas.
Granted: March 15, 2023

First Western Bank, Booneville, Arkansas -- extension to May 3, 2023, to establish a branch at 3914 Massard Road, Fort Smith, Arkansas.
Granted: March 16, 2023

Newburg Insurance Agency, Inc., Rolla, Missouri -- election to become a financial holding company.
Effective: March 13, 2023

Chambers Bank, Danville, Arkansas -- to become a member of the Federal Reserve System.
Approved: March 14, 2023