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 January 27, 2018


Bank Branches, Domestic

St. Louis
Arvest Bank, Fayetteville, Arkansas -- to establish a branch at 4895 West Pauline Whitaker Parkway, Rogers.
-Approved, January 26, 2018

Richmond
The First Bank and Trust Company, Lebanon, Virginia -- to establish a branch at 2695 Prices Fork Road, Blacksburg.
-Approved, January 25, 2018

Richmond
First Bank, Southern Pines, North Carolina -- to establish a branch at 109 Penny Road, High Point.
-Approved, January 25, 2018

Chicago
Town Bank, Hartland, Wisconsin -- to establish a branch at 1100 West Wells Street, Milwaukee.
-Approved, January 25, 2018

Bank Holding Companies

Boston
1831 Bancorp MHC, Dedham, Massachusetts; and 1831 Bancorp, Inc. -- to acquire an indirect ownership interest in Plimoth Trust Company, LLC, Plymouth, in connection with the reorganization of Dedham Institution for Savings, Dedham, into a two-tier mutual holding company structure, and thereby indirectly engage in trust company activities, financial and investment advisory activities, and employee benefits consulting services.
-Approved, January 23, 2018

Dallas
BancAffiliated, Inc., Arlington, Texas -- to become a bank holding company through the acquisition of Affiliated Bank, Arlington (the resulting institution from the conversion of Affiliated Bank to a commercial bank charter); and election to become a financial holding company.
-Approved, January 23, 2018

General Counsel
CB Financial Services, Inc., Carmichaels, Pennsylvania -- waiver of application to acquire First West Virginia Bancorp, Inc., Wheeling, West Virginia, and Progressive Bank, National Association, in connection with Progressive Bank's merger with and into Community Bank, Carmichaels.
-Granted, January 25, 2018

General Counsel
MidTown Financial Ltd. (MidTown), Oklahoma -- waiver of application to acquire First State Bank (First State), Waynoka, in connection with (1) a change in control of First State from the shareholders of Waynoka Bancshares, Inc., Waynoka, to the shareholders of MidTown and (2) Midtown's merger with and into First State.
-Granted, January 23, 2018

Dallas
Noble Bancorporation, Inc., Spring, Texas -- to become a bank holding company by acquiring Falcon Bancorporation, Inc., Memphis, and thereby indirectly acquiring First Bank and Trust of Memphis.
-Approved, January 26, 2018

Richmond
PB Financial Corporation, Rocky Mount, North Carolina -- to become a bank holding company through the acquisition of Providence Bank, Rocky Mount.
-Approved, January 26, 2018

Banks, State Member

Director, S&R
Regions Bank, Birmingham, Alabama -- to make a public welfare investment.
-Approved, January 26, 2018

Change in Bank Control

Kansas City
Solomon Bancshares, Inc., Solomon, Kansas -- to retain control of Solomon Bancshares, Inc., and its subsidiary, Solomon State Bank, Solomon.
-Permitted, January 26, 2018

Extensions of Time

Dallas
A.N.B. Holding Company, Ltd., Terrell, Texas -- extension to January 21, 2018, to acquire additional shares of The ANB Corporation, Terrell, and indirectly acquire The American National Bank of Texas; Lakeside Bancshares, Inc., Rockwall; and Lakeside National Bank.
-Granted, January 26, 2018

Kansas City
Bern Bancshares, Inc., Bern, Kansas -- extension to April 27, 2018, to acquire shares of UBT Bancshares, Inc., Marysville, parent of United Bank & Trust.
-Granted, January 26, 2018

Director, S&R
Citigroup Inc., New York, New York -- extension of time to conform or divest a merchant banking investment.
-Granted, January 22, 2018

San Francisco
Farmers & Merchants Bancorp, Lodi, California -- extension to April 25, 2018, to acquire shares of Bank of Rio Vista, Rio Vista.
-Granted, January 25, 2018

St. Louis
First Capital, Inc., Corydon, Indiana -- extension to May 8, 2018, to become a bank holding company through the conversion of First Harrison Bank, Corydon, from a federal savings bank to a state-chartered commercial bank; and election to become a financial holding company.
-Granted, January 24, 2018

Philadelphia
Meridian Corporation, Malvern, Pennsylvania -- extension to April 25, 2018, to become a bank holding company by acquiring Meridian Bank, Malvern.
-Granted, January 25, 2018

Membership

St. Louis
The Iuka State Bank, Iuka, Illinois -- to become a member of the Federal Reserve System.
-Approved, January 23, 2018

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