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

Actions under delegated authority

Actions taken during the week ending October 2, 2021


Bank Branches, Domestic

St. Louis
First State Bank, Russellville, Arkansas -- to establish a branch at 3654 Investment Drive, Fayetteville, Arkansas.
-Returned, September 29, 2021

San Francisco
Heritage Bank of Commerce, San Jose, California -- to establish a branch at 1111 Broadway Street, Oakland, California.
-Approved, October 1, 2021

St. Louis
TPNB Bank, Paris, Missouri -- to establish a branch at 205 South Center Street, Shelbina, Missouri.
-Approved, September 30, 2021

San Francisco
Western Alliance Bank, Phoenix, Arizona -- to establish a branch at 1725 Blake Street, Denver, Colorado.
-Approved, September 28, 2021

Bank Holding Companies

San Francisco
Banc of California, Inc., Santa Ana, California -- to acquire Pacific Mercantile Bancorp and thereby indirectly acquire Pacific Mercantile Bank, both of Costa Mesa, California.
-Approved, October 1, 2021

Richmond
First Bancorp, Southern Pines, North Carolina -- to acquire Select Bancorp, Inc., and thereby indirectly acquire Select Bank & Trust Company, both of Dunn, North Carolina, and for First Bank, Southern Pines, to merge with Select Bank & Trust Company and thereby establish branches.
-Approved, September 28, 2021

Dallas
Woodforest Financial Group Employee Stock Ownership Plan (with 401(k) Provisions) (Amended and Restated Eff. 01/01/16), The Woodlands, Texas, and Woodforest Financial Group Employee Stock Ownership Trust -- to acquire shares of Woodforest Financial Group, Inc., and indirectly acquire Woodforest National Bank, both of The Woodlands, Texas.
-Approved, October 1, 2021

Banks, State Member

St. Louis
First Bank, Creve Coeur, Missouri -- to make a public welfare investment.
-Approved, October 1, 2021

Secretary
The Northern Trust Company, Chicago, Illinois -- to make a public welfare investment.
-Approved, September 30, 2021

San Francisco
Western Alliance Bank, Phoenix, Arizona -- to make a public welfare investment.
-Approved, September 24, 2021
(A/C)

Change in Bank Control

Kansas City
Cedar Rapids State Company, Cedar Rapids, Nebraska -- Kathleen Sullivan, Cedar Rapids, Nebraska, to acquire voting shares of Cedar Rapids State Company and thereby indirectly acquire voting shares of Cedar Rapids State Bank, Cedar Rapids, Nebraska, and to join the Sullivan Family Group.
-Permitted, September 29, 2021

Minneapolis
Ipswich Community Bancshares, Inc., Ipswich, South Dakota -- Patty Beyers, Roscoe, South Dakota, to retain voting shares of Ipswich Community Bancshares, Inc., and thereby indirectly retain voting shares of Ipswich State Bank, Ipswich, South Dakota.
-Permitted, September 27, 2021

Chicago
Milledgeville Bancorp, Inc., Milledgeville, Illinois -- Cheryl Allen, Sterling, Illinois; Gregg DeVries, Byron, Illinois; and Sandra K. DeVries Trust, Sandra K. Devries, as trustee, and Roger P. DeVries Trust, Roger P. DeVries, as trustee, all of Milledgeville, Illinois, as the DeVries Family Control Group, a group acting in concert, and Edward M. Tyne, Kay F. Tyne, and Margaret A. Tyne, all of Polo, Illinois, and Courtney Tyne, Washington, D.C., as the Tyne Family Control Group, a group acting in concert, to acquire additional voting shares of Milledgeville Bancorp, Inc., and thereby indirectly acquire voting shares of Milledgeville State Bank, Milledgeville, Illinois.
-Permitted, October 1, 2021

Dallas
Security Holding Company, Fredericksburg, Texas -- Security State Bank & Trust ("Bank"), Fredericksburg, Texas, to retain control of voting the shares of Security Holding Company ("Company"), Fredericksburg, Texas, as co-trustee of the Kathleen Keller 2016 Trust, Blanco County, Texas, and the Kay Durst Family 2016 Trust, Gillespie County, Texas, which owns Company stock and thereby indirectly owns Bank. Additionally, the Elliott Gage Hayne GST Trust, Elliott Gage Hayne, as trustee; the James L. Hayne Jr. GST Trust, James L. Hayne Jr., as trustee; the Nancy Elliott Hayne GST Trust, Nancy Elliott Hayne, as trustee; and the Walter Catto Hayne GST Trust, Walter Catto Hayne, as trustee, all of San Antonio, Texas, have provided notification to join other members of the Bonnen/Durst/Hayne/Igler/Keller/ Kemp/LeJeune/Loth control group, a group acting in concert, to retain voting shares of Company and indirectly Bank.
-Permitted, October 1, 2021

Extensions of Time

Kansas City
Banner County Ban Corporation Employee Stock Ownership Plan and Trust, Harrisburg, Nebraska -- extension to January 1, 2022, to acquire additional voting shares of Banner County Ban Corporation and thereby indirectly acquire additional voting shares of Banner Capital Bank, both of Harrisburg, Nebraska.
-Granted, September 30, 2021

Supervision and Regulation

Director, S&R
Santander Holdings USA, Inc., Boston, Massachusetts -- to make capital distributions in the third quarter of 2021 after the occurrence of an event requiring resubmission of its capital plan.
-Approved, September 30, 2021

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