FRB: H.2--Actions under delegated authority--Week ending December 14, 2019

Orrstown Bank, Shippensburg, Pennsylvania -- to establish a branch at 3940 Lingletown Road, Harrisburg, PA.
-Approved, December 12, 2019

Burling Bancorp, Inc., Chicago, Illinois -- to retain ownership of Burling Wealth Management Inc., Chicago, and thereby engage in the nonbanking activity of making and servicing loans and to retain ownership of Burling Ventures Inc., and thereby engage in the nonbanking activity of investment advisory services.
-Withdrawn, December 9, 2019

Greene Investment Company, Jefferson, Iowa -- to merge with Perry Investment Company, Perry, and indirectly acquire Raccoon Valley Bank.
-Approved, December 12, 2019

Level One Bancorp, Inc., Farmington Hills, Michigan -- waiver of application to acquire Ann Arbor Bancorp, Inc., Ann Arbor, and Ann Arbor State Bank (AASB), in connection with the merger of AASB with and into Level One Bank, Farmington Hills.
-Granted, December 13, 2019

Napoleon Bancorporation, Inc., Napoleon, North Dakota -- to merge with Sargent Bankshares, Inc., Forman, and thereby indirectly acquire Sargent County Bank.
-Approved, December 13, 2019

Old Fort Banking Company Employee Stock Ownership and 401(k) Plan -- ESOP Component Trust, Old Fort, Ohio -- to acquire additional shares of Gillmor Financial Services, Inc., Old Fort, and thereby indirectly acquire The Old Fort Banking Company.
-Approved, December 11, 2019

Reliant Bancorp, Inc., Brentwood, Tennessee -- waiver of application to merge with Tennessee Community Bank Holdings, Inc., Ashland City, and thereby acquire Community Bank & Trust (Community), in connection with the merger of Community with and into Reliant Bank, Brentwood.
-Granted, December 6, 2019
(A/C)

Bank of Commerce, Chanute, Kansas -- to merge with Chetopa State Bank & Trust Co., Chetopa, and First Neodesha Bank, Neodesha, and thereby establish branches.
-Approved, December 11, 2019

Elk County Bancshares, Inc., Howard, Kansas -- to retain control of Elk County Bancshares, Inc., and its subsidiary Howard State Bank, Howard.
-Permitted, December 11, 2019

Credit Suisse AG, Zurich, Switzerland -- extension of time to conform or divest a merchant banking investment.
-Granted, December 11, 2019

Frost Bank, San Antonio, Texas -- extension to July 16, 2020, to establish a branch at 3432 Scott Street, Houston.
-Granted, December 10, 2019

Risk-Based Capital Requirements -- extension of the comment period until January 22, 2020, of a proposed rule to establish risk-based capital requirements for depository institution holding companies that are significantly engaged in insurance activities.
-Granted, December 4, 2019
(A/C)

West Michigan Community Bank, Hudsonville, Michigan -- extension to March 21, 2020, to establish a branch at 4797 Cascade Road SE, Grand Rapids.
-Granted, December 13, 2019

Coronado, Inc., Sterling, Kansas -- election to become a financial holding company.
-Effective, December 10, 2019

Friendship Bancshares, Inc., Linn, Missouri -- election to become a financial holding company.
-Effective, December 10, 2019

Harris Williams UK Holdings LLC, Richmond, Virginia -- waiver of remainder of prior-notification period to make an investment in Harris Williams & Co., Ltd., London, England, and Harris Williams & Co. Corporate Finance Advisors GmbH, Frankfurt, Germany.
-Granted, December 10, 2019

Regulation I (Issue and Cancellation of Federal Reserve Bank Capital Stock) -- final rule to apply an inflation adjustment to the asset threshold at which banks are subject to different dividend rates for their Federal Reserve Bank stock.
-Approved, December 11, 2019

Actions under delegated authority

Actions taken during the week ending December 14, 2019

Bank Branches, Domestic

Bank Holding Companies

Bank Mergers

Change in Bank Control

Extensions of Time

Financial Holding Companies

International Operations

Regulations and Policies