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 October 28, 2017


Bank Branches, Domestic

Atlanta
Commercial Bank, Harrogate, Tennessee -- to establish a branch at 225 West 1st North Street, Morristown.
-Approved, October 26, 2017

Bank Holding Companies

General Counsel
Business First Bancshares, Inc., Baton Rouge, Louisiana -- waiver of application to acquire Minden Bancorp, Inc., Minden, in connection with the merger of their subsidiaries, MBL Bank with and into Business First Bank, Baton Rouge.
-Granted, October 27, 2017

San Francisco
Farmers & Merchants Bancorp, Lodi, California -- to acquire shares of Bank of Rio Vista, Rio Vista.
-Approved, October 27, 2017

Chicago
First American Bank Corporation, Elk Grove Village, Illinois -- to acquire via merger Southport Financial Corporation, Kenosha, Wisconsin, and thereby indirectly acquire Southport Bank.
-Approved, October 26, 2017

St. Louis
First Savings Financial Group, Inc., Clarksville, Indiana -- to acquire Dearmin Bancorp, Inc., Odon, and thereby indirectly acquire The First National Bank of Odon; and for First Savings Bank, Clarksville, to merge with The First National Bank of Odon, Odon, and to retain the acquired facilities as branches.
-Approved, October 26, 2017

Atlanta
FSB, LLC, Florence, Alabama -- to become a bank holding company by acquiring First Southern Bancshares, Inc., Florence, and First Southern Bank.
-Approved, October 24, 2017

Minneapolis
Full Service Insurance Agency, Inc., Buxton, North Dakota -- to acquire The First and Farmers Bank Holding Company, Portland, and thereby indirectly acquire The First and Farmers Bank.
-Approved, October 25, 2017

Philadelphia
Meridian Corporation, Malvern, Pennsylvania -- to become a bank holding company by acquiring Meridian Bank, Malvern.
-Approved, October 25, 2017

St. Louis
Paramount Financial Group, LLC, St. Louis, Missouri -- to become a bank holding company by acquiring Superior Bank, Hazelwood; and to acquire Paramount Bond & Mortgage Co., Inc., St. Louis, and thereby engage in mortgage activities.
-Approved, October 25, 2017

Director, S&R
U.S. Bancorp, Minneapolis, Minnesota, and U.S. Bank, N.A., Cincinnati, Ohio -- relief from certain commitments made by U.S. Bancorp, U.S. Bank, N.A., or their predecessors.
-Granted, October 26, 2017

Banks, State Member

Atlanta
Compass Bank, Birmingham, Alabama -- to make certain public welfare investments.
-Approved, October 24, 2017

Change in Bank Control

Chicago
Capital Bancshares, Inc., Primghar, Iowa -- to retain control of Capital Bancshares, Inc., and its subsidiary, Savings Bank, Primghar.
-Permitted, October 27, 2017

Chicago
Community Grain Co., Carroll, Iowa -- change in bank control of Community Grain Company and its subsidiary, Iowa Savings Bank, Carroll.
-Permitted, October 27, 2017

Atlanta
NorthSide Bancshares, Inc., Adairsville, Georgia -- to retain control of NorthSide Bancshares, Inc., and its subsidiary, NorthSide Bank, Adairsville.
-Permitted, October 26, 2017

Atlanta
SNB Holdings, Inc., Slocomb, Alabama -- to retain control of SNB Holdings, Inc., and its subsidiary, Friend Bank, Slocomb.
-Permitted, October 27, 2017

Extensions of Time

Kansas City
Bern Bancshares, Inc., Bern, Kansas -- extension to January 27, 2018, to acquire shares of UBT Bancshares, Inc., Marysville, parent company of United Bank & Trust.
-Granted, October 25, 2017

Director, S&R
Citigroup Inc., New York, New York -- extensions of time to divest or conform certain merchant banking investments (two requests).
-Granted, October 24, 2017

Minneapolis
Kirkwood Bancorporation Co., Bismarck, North Dakota -- extension to February 3, 2018, to acquire shares of Kirkwood Bancorporation of Nevada, Inc., Las Vegas, Nevada, and thereby indirectly gain control of Kirkwood Bank of Nevada.
-Granted, October 26, 2017

Savings and Loan Holding Companies

General Counsel
State Farm Mutual Automobile Insurance Company, Bloomington, Illinois -- request for an exemption to permit an individual to become an institution-affiliated party (five requests).
-Granted, October 27, 2017

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