Actions under delegated authority PDF

Actions taken during the week ending May 18, 2024

Bank Branches, Domestic
Chicago

Thumb Bank & Trust, Pigeon, Michigan -- to establish a branch at 5536 Main Street, Lexington, Michigan.
Approved: May 17, 2024

Bank Holding Companies
Chicago

First Financial Corporation, Terre Haute, Indiana -- (1) to acquire control of a newly formed subsidiary, FFB Interim Bank NA, Dayton, Tennessee, and (2) to acquire control of SimplyBank, Dayton, Tennessee, following the merger of FFB Interim Bank NA with and into SimplyBank, with SimplyBank as the surviving bank.
Approved: May 16, 2024

St. Louis

Drew Bancshares, Inc., Monticello, Arkansas -- waiver of application to merge with Bradley Bancshares, Inc., and thereby indirectly acquire First State Bank of Warren, both of Warren, Arkansas, in connection with the merger of First State Bank of Warren with and into Commercial Bank & Trust Company, Monticello, Arkansas.
Granted: May 14, 2024

Bank Mergers
Atlanta

Commercial Bank, Harrogate, Tennessee -- to merge with Alliance Bank & Trust Company, Gastonia, North Carolina, and thereby establish branches.
Approved: May 15, 2024

St. Louis

Commercial Bank & Trust Company, Monticello, Arkansas -- to merge with First State Bank of Warren, Warren, Arkansas, and retain the acquired facilities as branches.
Approved: May 14, 2024

Banks, State Member
Secretary

Manufacturers and Traders Trust Company, Buffalo, New York -- to make a public welfare investment.
Approved: May 14, 2024

Change in Bank Control
Kansas City

Commerce Financial Company, Duncan, Oklahoma -- Too Many Investors, LLC, and Dallen Jon (D.J.) Hogstad, both of Comanche, Oklahoma, to become members of the Hogstad Control Group, a group acting in concert, to retain voting shares of Commerce Financial Company and thereby indirectly retain voting shares of Bank of Commerce, Duncan, Oklahoma.
Permitted: May 14, 2024

Pinnacle Bancorp, Inc., Omaha, Nebraska -- PBI Trust 35, Thomas S. Dinsdale, as trustee, both of Grand Island, Nebraska, to become members of the Dinsdale Family Group, a group acting in concert, to retain voting shares of Pinnacle Bancorp, Inc., and thereby indirectly retain shares of Pinnacle Bank, Lincoln, Nebraska; Pinnacle Bank, Fort Worth, Texas; Pinnacle Bank-Wyoming, Cody, Wyoming; and Bank of Colorado, Fort Collins, Colorado.
Permitted: May 15, 2024

Minneapolis

Cattail Bancshares, Inc., Atwater, Minnesota -- Keith Markwardt, Buffalo, Minnesota, and Daniel Spiller, Minneapolis, Minnesota, to become co-trustees of the Ella Elizabeth Meyerson 2008 Irrevocable GST Trust dated December 22, 2008, Atwater, Minnesota, which is a member of the Meyerson Family Control Group, a group acting in concert, to acquire voting shares of Cattail Bancshares, Inc., and thereby indirectly acquire voting shares of Harvest Bank, Kimball, Minnesota, and Citizens State Bank of Waverly, Inc., Waverly, Minnesota.
Permitted: May 17, 2024

Secretary

LBT Bancshares, Inc., Litchfield, Illinois -- Daniel D. Fleming Trust, dated October 17, 1997, Daniel D. Fleming, trustee, Carlinville, Illinois; The William D. Fleming Revocable Trust, William D. Fleming, trustee, Litchfield, Illinois; The Andrew W. Fleming Trust, Andrew W. Fleming, trustee, Litchfield, Illinois; Bailey D. Fleming Living Trust, Bailey D. Fleming, trustee, Litchfield, Illinois; The Eaden Fleming Trust, Eaden Danae Nellyn Fleming, trustee, Mt. Olive, Illinois; The Jacob W. Fleming Trust, Jacob W. Fleming, trustee, Litchfield, Illinois; Daniel D. Fleming, Carlinville, Illinois; Jacob W. Fleming, Litchfield, Illinois; William David Fleming, Litchfield, Illinois; Delia R. Fleming, UTMA, Andrew W. Fleming, Custodian, Litchfield, Illinois; Luke A. Fleming, UTMA, Andrew W. Fleming, Custodian, Litchfield, Illinois; Max J. Fleming, UTMA, Jacob W. Fleming, Custodian, Litchfield, Illinois; Miles J. Fleming, UTMA, Jacob W. Fleming, Custodian, Litchfield, Illinois; and Sydney E. Fleming, UTMA, Jacob W. Fleming, Custodian, Litchfield, Illinois, as a group acting in concert, to retain voting shares of LBT Bancshares, Inc., and thereby indirectly retain voting shares of Bank & Trust Company, Litchfield, Illinois, and Security Bancshares, Inc., and Security National Bank, both of Witt, Illinois.
Permitted: May 13, 2024

Forms
Director, MA

Deposit Reporting Threshold -- annual assessment, with the concurrence of the General Counsel, of the deposit reporting threshold for 2024 for the Weekly Report of Deposits (FR 2900).
Approved: May 15, 2024

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Last Update: May 23, 2024