FRB: H.2--Actions under delegated authority--Week ending October 18, 2014

The Cortland Savings and Banking Company, Cortland, Ohio -- to establish a branch at 3615 Boardman Canton Road, Canfield.
-Approved, October 16, 2014

BankCap Equity Fund, LLC, Dallas, Texas; BankCap Partners GP, L.P.; and BankCap Partners Fund I, L.P. -- to acquire, through BankCap Partners Opportunity Fund, L.P., Dallas, shares of Silvergate Capital Corporation, La Jolla, California.
-Approved, October 14, 2014

Codorus Valley Bancorp, Inc., York, Pennsylvania, and CVLY -- to acquire Madison Bancorp, Inc., a savings and loan holding company, Baltimore, Maryland, and thereby acquire Madison Square Federal Savings Bank.
-Approved, October 14, 2014

First Merchants Corporation, Muncie, Indiana -- waiver of application to acquire Community Bancshares, Inc., Noblesville, in connection with the merger of their respective subsidiaries, First Merchants Bank, National Association, Muncie, and Community Bank, Noblesville.
-Granted, October 16, 2014

MetroCity Bankshares, Inc., Doraville, Georgia -- to become a bank holding company by acquiring Metro City Bank, Doraville.
-Approved, October 15, 2014

Red River Bancorp, Inc., Gainesville, Texas -- to acquire by merger Chisholm Bancshares, Inc., Decatur, and indirectly acquire North Texas Bank, N.A.
-Approved, October 15, 2014

Southern Bancorp, Inc., Arkadelphia, Arkansas -- to acquire through merger Bolivar Banking Corporation, Shelby, Mississippi, and thereby indirectly acquire The Bank of Bolivar County.
-Approved, October 16, 2014

Treynor Bancshares, Inc., Treynor, Iowa -- to acquire shares of TS Contrarian Bancshares, Inc., Treynor, and thereby indirectly acquire The Bank of Tioga, Tioga, North Dakota; and for TS Contrarian Bancshares to become a bank holding company by acquiring The Bank of Tioga.
-Approved, October 14, 2014

Valley National Bancorp, Wayne, New Jersey -- waiver of application to acquire 1st United Bancorp, Inc., Boca Raton, Florida, in connection with the merger of their respective subsidiaries, Valley National Bank, Passaic, New Jersey, and 1st United Bank, Boca Raton, Florida.
-Granted, October 16, 2014

First State Bank, Gainesville, Texas -- to merge with North Texas Bank, National Association, Decatur, and thereby establish branches in Decatur and Roanoke.
-Approved, October 15, 2014

Northstar Bank of Texas, Denton, Texas -- to acquire through merger its affiliate, Community Bank, Fort Worth, and thereby establish branches at the 10 existing locations of Community Bank.
-Approved, October 16, 2014

The Bank of Marion, Marion, Virginia -- to increase its investment in bank premises.
-Approved, October 16, 2014

The Richwood Banking Company, Inc., Richwood, Ohio -- request to exceed the limit on investment in bank premises.
-Approved, October 15, 2014

Merchants Holding Company, Sioux Falls, South Dakota -- to retain control of Merchants Holding Company and its subsidiary, Merchants Bank, Rugby, North Dakota.
-Permitted, October 15, 2014

CIT Group, Inc., Livingston, New Jersey, and Carbon Merger Sub, LLC, New York, New York -- extension of time to receive comments from a commenter on the applications to acquire IMB Holdco, LLC, Pasadena, California, and thereby acquire OneWest Bank, National Association.
-Granted, October 15, 2014

Empire State Bank, Newburgh, New York -- extension to January 28, 2015, to establish a branch at 8701 3rd Avenue, Brooklyn.
-Granted, October 17, 2014

Fifth Third Bank, Cincinnati, Ohio -- request for a transition period under section 716(f) of the Dodd-Frank Act.
-Granted, October 17, 2014

Bank of Ash Grove, Ash Grove, Missouri -- to become a member of the Federal Reserve System.
-Approved, October 16, 2014

Actions under delegated authority

Actions taken during the week ending October 18, 2014

Bank Branches, Domestic

Bank Holding Companies

Bank Mergers

Bank Premises

Change in Bank Control

Extensions of Time

Membership