Actions under delegated authority

Actions taken during the week ending February 3, 2018

Bank Branches, Domestic

Minneapolis

Farmers State Bank, Victor, Montana -- to establish a branch at 120 Hutton Ranch Road, Kalispell.
-Approved, February 2, 2018

New York

Orange Bank & Trust Company, Middletown, New York -- to establish a branch at 2141 Crompond Road, Cortlandt Manor, and to increase its investment in bank premises.
-Approved, February 2, 2018

Bank Holding Companies

Dallas

The 2013 Monte Hulse Family Irrevocable Trust I, Waco, Texas -- to acquire shares of FCT Bancshares, Inc., Waco, and thereby indirectly acquire First National Bank of Central Texas.
-Approved, February 1, 2018

Chicago

Farmington Bancorp, Inc., Farmington, Illinois -- to acquire Laura State Bank, Williamsfield.
-Approved, February 1, 2018

Kansas City

First State Holding Co., Lincoln, Nebraska -- to acquire Wallco, Inc., Nehawka, and thereby indirectly acquire The Nehawka Bank.
-Approved, February 2, 2018

Richmond

Old Point Financial Corporation, Hampton, Virginia -- to acquire Citizens National Bank, Windsor.
-Approved, February 2, 2018

Banks, State Member

Director, S&R

East West Bank, Pasadena, California -- to make a public welfare investment.
-Approved, February 2, 2018

Change in Bank Control

Dallas

East Texas Bancshares, Inc., Livingston, Texas -- to retain control of East Texas Bancshares, Inc., and its subsidiaries, First National Bank of Jasper, Jasper, and First State Bank of Livingston, Livingston.
-Permitted, January 30, 2018

Extensions of Time

Minneapolis

Kirkwood Bancorporation Co., Bismarck, North Dakota -- extension to May 3, 2018, to acquire shares of Kirkwood Bancorporation of Nevada, Inc., Las Vegas, Nevada, and thereby indirectly gain control of Kirkwood Bank of Nevada.
-Granted, January 29, 2018

Financial Holding Companies

Philadelphia

OceanFirst Financial Corp., Toms River, New Jersey -- election to become a financial holding company.
-Effective, February 1, 2018

Savings and Loan Holding Companies

Philadelphia

Columbia Financial, Inc., Fair Lawn, New Jersey -- to conduct a minority stock issuance and to obtain a waiver of the application of section 239.59(p)(2) of Regulation MM to a syndicated community offering.
-Approved, February 1, 2018

Supervision and Regulation

Director, S&R, and Director, Financial Stability

Stress Test Scenarios -- issuance of scenarios for the 2018 Comprehensive Capital Analysis and Review and Dodd-Frank Act stress tests.
-Approved, January 23, 2018
(A/C)