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 July 30, 2022


Bank Branches, Domestic

St. Louis
The Citizens Bank, Batesville, Arkansas -- to establish a branch at 2416 Malvern Avenue, Hot Springs, Arkansas.
-Approved, July 25, 2022

Kansas City
Farmers Bank of Northern Missouri, Unionville, Missouri -- to establish a branch at 31438 State Highway 6, Jamesport, Missouri.
-Approved, July 29, 2022

Cleveland
The Genoa Banking Company, Genoa, Ohio -- (1) to establish a branch at 1701 West State Street, Fremont, Ohio, and (2) to increase its investment in bank premises.
-Approved, July 28, 2022

Bank Holding Companies

Minneapolis
215 Holding Co., Minneapolis, Minnesota -- to acquire Liberty Financial Services, Inc., and thereby indirectly acquire Liberty National Bank, both of Sioux City, Iowa.
-Approved, July 25, 2022

Dallas
Jonesboro Bancshares, Inc., Jonesboro, Louisiana -- to engage de novo in extending credit and servicing loans.
-Approved, July 28, 2022

Banks, State Member

Chicago
Ally Bank, Sandy, Utah -- to make certain public welfare investments (two requests).
-Approved, July 18, 2022
(A/C)

Richmond
Atlantic Union Bank, Richmond, Virginia -- to make certain public welfare investments.
-Withdrawn, July 21, 2022
(A/C)

Dallas
Comerica Bank, Dallas, Texas -- to make a community development and public welfare investment.
-Approved, July 18, 2022
(A/C)

San Francisco
East West Bank, Pasadena, California -- to make certain public welfare investments (two requests).
-Approved, July 21, 2022
(A/C)

Secretary
The Northern Trust Company, Chicago, Illinois -- to make certain public welfare investments.
-Approved, July 20, 2022
(A/C)

Secretary
Synovus Bank, Columbus, Georgia -- to make a public welfare investment.
-Approved, July 20, 2022
(A/C)

Change in Bank Control

St. Louis
Carlson Bancshares, Inc., West Memphis, Arkansas -- the William A Carlson 2007 Trust, William A. Carlson and Pam Falkner as co-trustees, Carlson Andrew Bennage, and Catherine Jane Carlson Bennage, all of West Memphis, Arkansas; Michael Dustin Carlson, two minor children of Michael Dustin Carlson, Marilyn Hayes Carlson, and Michael Andrew Carlson, all of Marion, Arkansas; Kirby Hayes Carlson, Proctor, Arkansas; and the William C. Carlson Living Trust, William C. Carlson, as trustee, Hot Springs, Arkansas; as members of a group acting in concert, to retain voting shares of Carlson Bancshares, Inc., and thereby indirectly retain voting shares of Fidelity Bank, West Memphis, Arkansas.
-Permitted, July 27, 2022

Chicago
Main Street Bancorp, Inc., Princeville, Illinois -- the Andrew A. Black Living Trust, dated June 21, 2019, Andrew A. Black and Lesa A. Black as co-trustees, all of Princeville, Illinois; to become members of the German Family Control Group, a group acting in concert, to retain voting shares of Main Street Bancorp, Inc., and thereby indirectly retain voting shares of Princeville State Bank, Princeville, Illinois.
-Permitted, July 27, 2022

Kansas City
Panhandle Bancshares, Inc., Guymon, Oklahoma -- Sally Hawkins and Kyle Hawkins, Guymon, Oklahoma; Bill Pittman, Ginger Pittman, Frank Pittman, Paige Pittman Burgin, and Jerry Hart, all of Spearman, Texas; Bill Jack Pittman and Christi Pittman of Morse, Texas; and Jana Pittman Ivey, Amarillo, Texas; to join the Pittman Family Control Group, a group acting in concert, to retain voting shares of Panhandle Bancshares, Inc., and thereby indirectly retain voting shares of Bank of the Panhandle, Guymon, Oklahoma.
-Permitted, July 27, 2022

New York
Patriot National Bancorp, Inc., Stamford, Connecticut -- Felix Scherzer, Scherzer Capital, LLC, and the Scherzer Family Trust, Tanya Scherzer, as trustee, all of Purchase, New York; a group acting in concert, to acquire voting shares of Patriot National Bancorp, Inc., and thereby indirectly acquire voting shares of Patriot National Bank, Stamford, Connecticut.
-Withdrawn, July 26, 2022

Kansas City
Spend Life Wisely Company, Inc., Durant, Oklahoma -- Gregory Corbin Massey and the Massey Family Foundation, Inc., both of Durant, Oklahoma; to become members of the Massey Family Group, a group acting in concert, to acquire voting shares of Spend Life Wisely Company, Inc., and thereby indirectly acquire voting shares of First United Bank and Trust Company, Durant, Oklahoma.
-Permitted, July 25, 2022

St. Louis
Sterling Bancshares, Inc., Poplar Bluff, Missouri -- the James K. Maddox Irrevocable Trust, James K. Maddox, as trustee, and the Daniel R. Coffman Trust, Daniel R. Coffman as trustee, all of Poplar Bluff, Missouri; to acquire voting shares of Sterling Bancshares, Inc., and thereby indirectly acquire voting shares of Sterling Bank, Poplar Bluff, Missouri.
-Permitted, July 29, 2022

Minneapolis
Vermillion Bancshares, Inc., Vermillion, Minnesota -- the Irrevocable Gifting Trust fbo James F. Poepl dated December 21, 2020, James F. Poepl as trustee, and the Irrevocable Gifting Trust fbo Jacob M. Poepl dated December 21, 2020, Jacob M. Poepl as trustee, all of Hastings, Minnesota; and the Irrevocable Gifting Trust fbo Matthew J. Poepl dated December 21, 2020, Matthew J. Poepl as trustee, both of West St. Paul, Minnesota; to become members of the Poepl Family Group, a group acting in concert, to retain voting shares of Vermillion Bancshares, Inc., and thereby indirectly retain voting shares of Vermillion State Bank, Vermillion, Minnesota.
-Permitted, July 29, 2022

Extensions of Time

Richmond
Southern Bancshares (N.C.), Inc., Mount Olive, North Carolina -- extension to July 16, 2022, to acquire voting shares of Old Point Financial Corporation, and thereby indirectly acquire voting shares of The Old Point National Bank of Phoebus, both of Hampton, Virginia.
-Granted, July 26, 2022

International Operations

Cleveland
TCF Bank International, Inc., Minnetonka, Minnesota -- to amend its articles of association.
-Approved, July 25, 2022

Regulations and Policies

Chair
Emergency Lending Facilities -- disclosures pursuant to section 11(s) of the Federal Reserve Act.
-Approved, July 29, 2022

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