FRB: H.2--Actions under delegated authority--Week ending March 24, 2018

The Citizens Bank, Batesville, Arkansas -- to establish a branch at 1698 Higdon Ferry Road, Hot Springs.
-Approved, March 20, 2018

John Marshall Bank, Reston, Virginia -- to establish a branch at 8229 Boone Boulevard, Vienna.
-Approved, March 20, 2018

Almena Investments LLC, Almena, Kansas -- to become a bank holding company by acquiring Almena State Bank, Almena.
-Approved, March 21, 2018

First Choice Bancorp, Cerritos, California -- waiver of application to acquire Pacific Commerce Bancorp, Los Angeles, and Pacific Commerce Bank, in connection with Pacific Commerce Bank's merger with and into First Choice Bank, Cerritos.
-Granted, March 20, 2018

FNB Bancshares, Inc., Independence, Kansas -- waiver of application to acquire Fredonia State Bancshares, Inc., Fredonia, and State Bank of Kansas, in connection with State Bank of Kansas's merger with and into FirstOak Bank, Independence.
-Granted, March 23, 2018

LCNB Corp., Lebanon, Ohio -- waiver of application to acquire Columbus First Bancorp, Inc., Worthington, and Columbus First Bank, in connection with Columbus First Bank's merger with and into LCNB National Bank, Lebanon.
-Granted, March 23, 2018

PB Financial Corporation, Rocky Mount, North Carolina -- waiver of application to acquire CB Financial Corporation, Wilson, and Cornerstone Bank, in connection with Cornerstone Bank's merger with and into Providence Bank, Rocky Mount.
-Granted, March 16, 2018
(A/C)

SBT Bancshares, Inc., Golden Meadow, Louisiana -- to permit an individual (1) to retain a beneficial interest in shares of SBT Bancshares, Inc., to be held in trust, and (2) to control 20 percent of SBT Bancshares' shares as part of a group acting in concert.
-Approved, March 20, 2018

FirstOak Bank, Independence, Kansas -- to merge with The State Bank of Kansas, Fredonia, and thereby establish a branch.
-Approved, March 23, 2018

Highlands Community Bank, Covington, Virginia -- to acquire certain assets and assume certain liabilities of the Hot Springs branch of Carter Bank and Trust, Martinsville.
-Approved, March 21, 2018

Central Bank of St. Louis, Clayton, Missouri -- to make a public welfare investment.
-Approved, March 21, 2018

Silicon Valley Bank, Santa Clara, California -- to make certain public welfare investments (two requests).
-Approved, March 22, 2018

Capital City Bank Group, Inc., Tallahassee, Florida -- change in bank control of Capital City Bank Group, Inc., and its subsidiary, Capital City Bank, Tallahassee.
-Permitted, March 22, 2018

M C Bancshares, Inc., Morgan City, Louisiana -- to retain control of M C Bancshares, Inc., and its subsidiary, M C Bank & Trust Company, Morgan City.
-Withdrawn, March 19, 2018

SBT Bancshares, Inc., Golden Meadow, Louisiana -- to retain control of SBT Bancshares, Inc., and its subsidiary, State Bank and Trust Company, Golden Meadow.
-Permitted, March 21, 2018

CBC Bancorp, Irvine, California -- extension to June 16, 2018, to become a bank holding company by acquiring shares of NCAL Bancorp, Irvine, and thereby indirectly acquiring Commercial Bank of California.
-Granted, March 15, 2018
(A/C)

First Citizens Bancshares, Inc., Raleigh, North Carolina -- extension to June 19, 2018, to acquire shares of KS Bancorp, Inc., Smithfield, and thereby indirectly acquire a controlling interest in KS Bank, Inc.
-Granted, March 19, 2018

M&P Community Bancshares, Inc., 401(k) Employee Stock Ownership Plan, Newport, Arkansas -- extension to June 20, 2018, to acquire additional shares of M&P Community Bancshares, Inc., Newport.
-Granted, March 19, 2018

The McGehee Bank Employee Stock Ownership Plan, McGehee, Arkansas -- extension to Jul 4, 2018, to acquire additional shares of Southeast Financial Bankstock Corp., McGehee, and thereby increase its indirect control of McGehee Bank.
-Granted, March 19, 2018

Seacoast Banking Corporation of Florida, Stuart, Florida -- election to become a financial holding company.
-Effective, March 22, 2018

Actions under delegated authority

Actions taken during the week ending March 24, 2018

Bank Branches, Domestic

Bank Holding Companies

Bank Mergers

Banks, State Member

Change in Bank Control

Extensions of Time

Financial Holding Companies