Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

Actions under delegated authority

Actions taken during the week ending December 15, 2018


Bank Branches, Domestic

Richmond
Bank of the James, Lynchburg, Virginia -- to establish a branch at 45 South Main Street, Lexington.
-Approved, December 11, 2018

Dallas
PlainsCapital Bank, Dallas, Texas -- to establish branches at 4511 Milwaukee Avenue, Lubbock; 100 Crown Pointe Boulevard, Willow Park; and 6565 Hillcrest Avenue, University Park (three applications).
-Approved, December 14, 2018

Secretary
Solvay Bank, Solvay, New York -- to establish a branch at 3201 West Genesee Street, Syracuse.
-Approved, December 13, 2018

Bank Holding Companies

General Counsel
Bank of Commerce Holdings, Sacramento, California -- waiver of application to acquire Merchants Holding Company, Sacramento, and The Merchants National Bank of Sacramento (Merchants Bank), in connection with the merger of Merchants Bank with and into Redding Bank of Commerce, Redding.
-Granted, December 10, 2018

Chicago
Fidelity Company, Dubuque, Iowa -- to acquire State Bank, New Hampton.
-Approved, December 10, 2018

Chicago
First Midwest Bancorp, Inc., Chicago, Illinois -- to engage in wealth-management services by acquiring Northern Oak Wealth Management, Inc., Milwaukee, Wisconsin.
-Approved, December 11, 2018

Chicago
Heartland Bancorp, Inc., Bloomington, Illinois -- to acquire via merger Lincoln S.B. Corp., Lincoln, and thereby indirectly acquire State Bank of Lincoln.
-Approved, December 11, 2018

Boston
Hometown Financial Group, MHC, Easthampton, Massachusetts, and Hometown Financial Group, Inc. -- to acquire Pilgrim Bancshares, Inc., Cohassett, and its subsidiary bank, Pilgrim Bank.
-Approved, December 14, 2018

Dallas
Independent Bank Group, Inc., McKinney, Texas -- to acquire Guaranty Bancorp, Denver, Colorado, and indirectly acquire Guaranty Bank and Trust Company.
-Approved, December 13, 2018

Minneapolis
Redwood Financial, Inc., Redwood Falls, Minnesota -- (1) to become a bank holding company by acquiring HomeTown Bank, Redwood Falls, on its conversion from a savings association to a bank, and (2) election to become a financial holding company.
-Approved, December 13, 2018

Minneapolis
United Bankers' Bancorporation, Inc. (UBBI), Bloomington, Minnesota -- to indirectly acquire shares of ExCheQ, LLC, Roseville, through United Bankers' Bank, Bloomington, UBBI's wholly owned subsidiary bank.
-Approved, December 11, 2018

Bank Mergers

Chicago
Johnson Bank, Racine, Wisconsin -- to purchase certain deposit liabilities of Nationwide Bank, Columbus, Ohio.
-Withdrawn, December 11, 2018

Banks, State Member

Director, S&R
SunTrust Bank, Atlanta, Georgia -- to make certain public welfare investments.
-Approved, December 14, 2018

Change in Bank Control

Minneapolis
Fishback Financial Corporation, Brookings, South Dakota -- to retain control of Fishback Financial Corporation and its subsidiaries, First Bank & Trust, Brookings, and First Bank & Trust, Sioux Falls.
-Permitted, December 11, 2018

Kansas City
Stockton Bancshares, Inc., Stockton, Kansas -- change in bank control of Stockton Bancshares, Inc., and its subsidiary, Solutions North Bank, Stockton.
-Permitted, December 12, 2018

Extensions of Time

Dallas
Jonesboro Bancshares, Inc., Jonesboro, Louisiana -- extension to March 26, 2019, to become a bank holding company by acquiring Jonesboro State Bank, Jonesboro.
-Granted, December 13, 2018

New York
JPMorgan Chase & Co., New York, New York -- extension to January 8, 2019, for J.P. Morgan International Finance Limited, Newark, Delaware, to make an investment in a foreign subsidiary.
-Granted, December 6, 2018
(A/C)

Dallas
Woodforest Financial Group Employee Stock Ownership Plan (with 401(k) Provisions) (Amended and Restated Effective March 1, 2006), The Woodlands, Texas, and Woodforest Financial Group Employee Stock Ownership Trust -- extension to March 21, 2019, to acquire shares of Woodforest Financial Group, Inc., The Woodlands, and indirectly acquire Woodforest National Bank, Houston.
-Granted, December 12, 2018

Financial Holding Companies

Minneapolis
Choice Financial Holdings, Inc., Fargo, North Dakota -- election to become a financial holding company.
-Effective, December 10, 2018

Kansas City
Wood & Huston Bancorporation, Inc., Marshall, Missouri -- election to become a financial holding company.
-Effective, December 11, 2018

Membership

Boston
Pilgrim Bank, Cohasset, Massachusetts -- to become a member of the Federal Reserve System.
-Approved, December 14, 2018

Savings and Loan Holding Companies

General Counsel
State Farm Mutual Automobile Insurance Company, Bloomington, Illinois -- request for an exemption to permit an individual to become an institution-affiliated party.
-Granted, December 14, 2018

Supervision and Regulation

Director, S&R
G-SIB Surcharge Rule -- publication of the aggregate global indicator amounts for 2018 for purposes of a calculation required under the Board's rule regarding risk-based capital surcharges for global systemically important U.S. bank holding companies (G-SIBs).
-Approved, December 6, 2018
(A/C)

Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco