Board of Governors of the Federal Reserve System

First Security Bank, Searcy, Arkansas -- to establish a branch at 151 East County Highway 30A, Santa Rosa Beach, Florida.
Approved: November 3, 2023

OMB Bank, Springfield, Missouri -- to establish a branch at 8801 Renner Boulevard, Lenexa, Kansas.
Approved: November 1, 2023

Beacon Holding Company, Inc., Charleston, South Carolina -- to become a bank holding company by acquiring Beacon Community Bank, Charleston, South Carolina.
Approved: October 31, 2023

Southern Bancshares (N.C.), Inc., Mount Olive, North Carolina -- to acquire outstanding 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, and Old Point Trust & Financial Services, N.A., Newport News, Virginia.
Approved: November 2, 2023

Manufacturers and Traders Trust Company, Buffalo, New York -- to make a public welfare investment.
Approved: October 31, 2023

First Guaranty Bancshares, Inc., Hammond, Louisiana -- Smith & Hood Investments, L.L.C., WKH Holdings, LLC, Smith-Hoover Holdings, L.L.C., Amy Hood Conti, Savannah K. Conti, and Chad Tate, all of Amite, Louisiana, and more, to become members of an existing family control group, a group acting in concert to retain voting shares of First Guaranty Bancshares, Inc., and thereby indirectly retain voting shares of First Guaranty Bank, Hammond, Louisiana.
Permitted: October 30, 2023

Grinnell Bancshares, Inc., Grinnell, Iowa -- F. Austin Jones, individually, and as co-trustee of the David A. Jones Irrevocable Trust and the F. Austin Jones Irrevocable Trust, all of Grinnell, Iowa, to retain voting shares of Grinnell Bancshares, Inc., and thereby indirectly retain voting shares of Grinnell State Bank, Grinnell, Iowa.
Permitted: October 31, 2023

First Citizens Bancshares, Raleigh, North Carolina -- request to redeem certain trust preferred securities.
Granted: October 31, 2023