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 August 14, 2021


Bank Holding Companies

Dallas
GrahamJB6 Company, Kingwood, Texas -- to become a bank holding company by acquiring Security Bancshares, Inc., Waco, and indirectly acquiring Citizens State Bank, Woodville, both of Texas.
-Approved, August 13, 2021

Boston
Northern Bancorp, Inc., Woburn, Massachusetts -- request by The Mawn Family Limited Partnership and James J. Mawn Sr. for relief from certain commitments.
-Approved, August 12, 2021

St. Louis
Simmons First National Corporation, Pine Bluff, Arkansas -- waiver of application to merge with Triumph Bancshares, Inc., and thereby acquire its wholly owned subsidiary, Triumph Bank, both of Memphis, Tennessee, in connection with the merger of Triumph Bank with and into Simmons Bank, Pine Bluff, Arkansas.
-Granted, August 9, 2021

Kansas City
Sooner Southwest Bankshares, Inc., Tulsa, Oklahoma -- to merge with Capital Bank Holdings, Inc., and thereby indirectly acquire Oklahoma Capital Bank, both of Tulsa, Oklahoma.
-Approved, August 13, 2021

Bank Mergers

Boston
Reading Co-operative Bank, Reading, Massachusetts -- to purchase certain assets and assume certain liabilities of branches of Coastal Heritage Bank, Weymouth, at 400 Broadway, Lynn, and 28 Nahant Road, Nahant, all of Massachusetts.
-Approved, August 9, 2021

St. Louis
Simmons Bank, Pine Bluff, Arkansas -- to merge with Landmark Community Bank, Collierville, Tennessee, and to retain the acquired facilities as branches.
-Approved, August 9, 2021

St. Louis
Simmons Bank, Pine Bluff, Arkansas -- to merge with Triumph Bank, Memphis, Tennessee, and to retain the acquired facilities as branches.
-Approved, August 9, 2021

Banks, State Member

New York
The Adirondack Trust Company, Saratoga Springs, New York -- to retain control of Adirondack Trust Company Financial Services, Inc., Saratoga Springs, New York, as a financial subsidiary that engages in certain insurance activities.
-Approved, August 11, 2021

Cleveland
BBVA USA, Birmingham, Alabama -- to make certain public welfare investments.
-Approved, August 12, 2021

Change in Bank Control

St. Louis
Arvest Bank Group, Inc., Bentonville, Arkansas -- Steuart L. Walton, Thomas L. Walton, Alice A. Proietti, and James M. Walton, all of Bentonville, Arkansas, to retain control of Arvest Bank Group, Inc., and its subsidiary, Arvest Bank, Fayetteville, Arkansas, and become members of the Walton Family Group.
-Permitted, August 9, 2021

Chicago
Drake Holding Company, Radcliffe, Iowa -- Richard R. Drake Family Trust - B, Radcliffe, Iowa, with Cynthia A. Shirar, Marshalltown, Iowa; Edwin A. Drake, West Des Moines, Iowa; and Bryan S. Drake, Radcliffe, Iowa, all individually and as co-trustees, to join the Drake Family Control Group, a group acting in concert, to retain voting shares of Drake Holding Company and indirectly retain voting shares of Security State Bank, Radcliffe, Iowa.
-Permitted, August 13, 2021

Minneapolis
WNB Holding Company, Winona, Minnesota -- Elizabeth King Bach Trust under Agreement dated July 19, 2019; E.L. King Jr. Marital Trust fbo E.L. King III; E.L. King Jr. Marital Trust fbo Elizabeth King Bach; E.L. King Jr. Generation Skip Trust fbo E.L. King III; and E.L. King Jr. Generation Skip Trust fbo Elizabeth King Bach, all of Winona, Minnesota (WNB Financial, National Association, Winona, Minnesota (Bank), and Kent Gernander, Rushford, Minnesota, are co-trustees for these five trusts); and David King Marital Trust created under the Will dated 3/6/95, Winona, Minnesota (Bank is trustee and Kent Gernander has proxy with power to vote the shares for this trust) to become members of the Gernander group, a group acting in concert, to retain voting shares of WNB Holding Company and thereby indirectly retain voting shares of Bank.
-Permitted, August 12, 2021

Minneapolis
WNB Holding Company, Winona, Minnesota -- Daniel King, North Plains, Oregon; Sarah King, Henderson, Nevada; Heather Bach, LaCrosse, Wisconsin; Nicolle Jensen, Santa Fe, New Mexico; Sarah Bach-Lumsden, Winona, Minnesota; and the Frederick R. King Marital Trust U/W and Frederick R. King Family Trust U/W, both of Winona, Minnesota (WNB Financial, National Association, Winona, Minnesota (Bank) and Elizabeth King Bach, Winona, Minnesota are co-trustees for these two trusts) to become members of the King group, a group acting in concert, to retain voting shares of WNB Holding Company and thereby indirectly retain voting shares of Bank.
-Permitted, August 12, 2021

Extensions of Time

Director, S&R
Wells Fargo & Company, San Francisco, California -- extension of time to conform or divest a merchant banking investment.
-Granted, August 10, 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