Board Actions

Actions taken during the week ending June 16, 2018

Bank Holding Companies

Ameris Bancorp, Moultrie, Georgia -- to merge with Hamilton State Bancshares, Inc., Hoschton, and indirectly acquire Hamilton State Bank.
-Approved, June 11, 2018

Forms

Forms -- final Board review to extend with revision the Holding Company Report of Insured Depository Institutions' Section 23A Transactions with Affiliates (FR Y-8).
-Approved, June 11, 2018

Forms -- final Board review to extend with revision the Recordkeeping and Disclosure Requirements Associated with Consumer Financial Protection Bureau's (CFPB) Regulation M (Consumer Leasing) (FR M).
-Approved, June 14, 2018

Forms -- final Board review to extend without revision the Federal Reserve Clearance for Board Public Website Usability Surveys (FR 3076).
-Approved, June 15, 2018

Regulations and Policies

Host State Lending Ratios -- interagency release of the host state loan-to-deposit ratios used by the banking agencies to determine compliance with the Riegle-Neal Interstate Banking and Branching Efficiency Act.
-Announced, June 15, 2018

Regulations and Policies -- final rule to establish single-counterparty credit limits and initial Board review to implement a new information collection, Single-Counterparty Credit Limits (FR 2590), and associated notice requirements in connection with the final rule.
-Approved, June 14, 2018

Enforcement

Patterson Bankshares, Inc., Patterson, Georgia -- written agreement dated June 1, 2010, terminated June 7, 2018.
-Announced, June 12, 2018

Regions Bank, Birmingham, Alabama -- issuance of a consent order of prohibition against Ashley N. Burrus, a former institution-affiliated party of Regions Bank.
-Announced, June 12, 2018