Actions under delegated authority

Actions taken during the week ending January 2, 2021

Bank Branches, Domestic

New York

Alden State Bank, Alden, New York -- to establish a branch at 6545 Transit Road, East Amherst, and to make an investment in bank premises.
-Approved, December 31, 2020

St. Louis

Encore Bank, Little Rock, Arkansas -- to establish a branch at 4217 Camp Bowie Boulevard, Fort Worth, Texas.
-Approved, December 31, 2020

Bank Holding Companies

San Francisco

Broadway Financial Corporation, Los Angeles, California -- (1) to become a bank holding company by acquiring CFBanc Corporation, Washington, D.C., and thereby indirectly acquire City First Bank of D.C., N.A.; and (2) to retain Broadway Federal Bank, FSB, Los Angeles, for a moment in time and thereby engage in nonbanking activities.
-Approved, December 28, 2020

San Francisco

City First Enterprises, Inc., Washington, D.C. -- (1) to acquire Broadway Financial Corporation, Los Angeles, California; and (2) to acquire Broadway Federal Bank, FSB, for a moment in time and thereby engage in nonbanking activities.
-Approved, December 28, 2020

San Francisco

DMG Bancshares, Inc., Irvine, California -- to become a bank holding company by acquiring California First National Bank, Irvine.
-Approved, December 29, 2020

Minneapolis

Global Investment Bancshares, Inc., Kiester, Minnesota -- to become a bank holding company by acquiring Global Innovations Bank, Kiester.
-Withdrawn, December 21, 2020
(A/C)

Director, S&R

Ocean Bankshares, Miami, Florida -- relief from certain commitments.
-Granted, December 31, 2020

Change in Bank Control

St. Louis

Chambers Bancshares, Inc., Danville, Arkansas -- change in bank control of Chambers Bancshares, Inc., and its subsidiary, Chambers Bank, Danville.
-Permitted, December 31, 2020

Kansas City

Cleo Bancshares Inc., Cleo Springs, Oklahoma -- change in bank control of Cleo Bancshares, Inc., and its subsidiary, Cleo State Bank, Cleo Springs.
-Permitted, December 29, 2020

Chicago

First State Bank Holding Company, Lynnville, Iowa -- to retain control of First State Bank Holding Company and its subsidiary, First State Bank, Lynnville.
-Permitted, December 30, 2020

Dallas

Goldthwaite Bancshares, Inc., Goldthwaite, Texas -- to retain control of Goldthwaite Bancshares, Inc., and its subsidiary, MCBank, Goldthwaite.
-Withdrawn, December 28, 2020

Secretary

State Holding Company, Little Rock, Arkansas -- change in bank control of State Holding Company and its subsidiary, Eagle Bank and Trust Company, Little Rock.
-Permitted, December 30, 2020

Extensions of Time

Secretary

Barclays PLC, New York, New York -- extension of time to report summary information about its consolidated stress testing activities and results.
-Granted, December 29, 2020