Actions under delegated authority

Encore Bank, Little Rock, Arkansas -- to establish a branch at 450 North Patterson Avenue, Winston-Salem, North Carolina.
-Approved, May 16, 2022

Exchange Bank of Missouri, Fayette, Missouri -- to establish a branch at 500 North Route B, Hallsville, Missouri.
-Approved, May 17, 2022

Frost Bank, San Antonio, Texas -- to establish a branch at 1330 South Loop 288, Denton, Texas.
-Approved, May 20, 2022

Alton Bancshares, Inc., Alton, Missouri -- to acquire Table Rock Community Bank, Kimberling City, Missouri.
-Approved, May 16, 2022

Lake Shore III Corporation, Glenwood City, Wisconsin -- to merge with Headwaters Bancorp, Inc., and thereby indirectly acquire Headwaters State Bank, both of Land O'Lakes, Wisconsin.
-Approved, May 16, 2022

Local Bancorp, Inc., Little Rock, Arkansas -- to become a bank holding company by acquiring Red Level Financial Corporation and its subsidiary, The Peoples Bank of Red Level, both of Red Level, Alabama.
-Approved, May 20, 2022

Studio Financial Holdings, Inc., Nashville, Tennessee -- to become a bank holding company by acquiring Studio Bank, Nashville, Tennessee.
-Approved, May 19, 2022

Clear Mountain Bank, Inc., Bruceton Mills, West Virginia -- to increase its investment in bank premises.
-Approved, May 17, 2022

Comerica Bank, Dallas, Texas -- to make a community development and public welfare investment.
-Approved, May 20, 2022

Raymond James Bank, Saint Petersburg, Florida -- to make public welfare investments equal to up to 15% of its capital plus surplus, subject to certain conditions.
-Approved, April 29, 2022
(A/C)

Bosshard Banco, Ltd., La Crosse, Wisconsin -- Elizabeth Bosshard-Blackey 2022 Irrevocable Bank Trust, u/a/d January 7, 2022, Andrew R. Bosshard, as trustee, both of La Crosse, Wisconsin; and Piercarlo Valdesolo, with power to remove or appoint trustee, Edina, Minnesota; to join a group acting in concert to acquire voting shares of Bosshard Banco, Ltd., and thereby indirectly acquire voting shares of Intercity State Bank, Schofield, Wisconsin, and The First National Bank of Bangor, Bangor, Wisconsin.
-Permitted, May 20, 2022

Bosshard Banco, Ltd., La Crosse, Wisconsin -- Bosshard Bank Irrevocable Trust, u/a/d October 21, 2021, South Dakota Trust Company LLC, as trustee, both of Sioux Falls, South Dakota; Andrew R. Bosshard, individually and as trust protector, La Crosse, Wisconsin; Nathan Bosshard-Blackey, individually and as investment committee member, Mill Valley, California; and Elizabeth Bosshard-Blackey, individually and as investment committee member, Edina, Minnesota; to join a group acting in concert to acquire voting shares of Bosshard Banco, Ltd., and thereby indirectly acquire voting shares of Intercity State Bank, Schofield, Wisconsin, and The First National Bank of Bangor, Bangor, Wisconsin.
-Permitted, May 20, 2022

Clayton Bankshares, Inc., La Crosse, Wisconsin -- Bosshard Bank Irrevocable Trust, u/a/d October 21, 2021, South Dakota Trust Company LLC, as trustee, both of Sioux Falls, South Dakota; Andrew R. Bosshard, individually and as trust protector, La Crosse, Wisconsin; Nathan Bosshard-Blackey, individually and as investment committee member, Mill Valley, California; and Elizabeth Bosshard-Blackey, individually and as investment committee member, Edina, Minnesota; to join a group acting in concert to acquire voting shares of Clayton Bankshares, Inc., and thereby indirectly acquire voting shares of Citizens State Bank-La Crosse, La Crosse, Wisconsin.
-Permitted, May 20, 2022

Cyrus Bancshares, Inc., Alexandria, Minnesota -- David Schornack and Denise Schornack, both of Perham, Minnesota; to retain voting shares of Cyrus Bancshares, Inc., and thereby indirectly retain voting shares of Hometown Community Bank, Cyrus, Minnesota.
-Permitted, May 18, 2022

Red River Bancorp, Inc., Gainesville, Texas -- Christy A. Morris, Gainesville, Texas; to join the Morris Family control group, a group acting in concert, to acquire voting shares of Red River Bancorp, Inc., and thereby indirectly acquire voting shares of First State Bank, Gainesville, Texas.
-Permitted, May 17, 2022

Woodford Bancshares, Inc., Monroe, Wisconsin -- Jeffrey Anderson, Minneapolis, Minnesota; Ronald Buholzer and Susan Buholzer, as co-trustees of the Ronald and Susan Buholzer Trust, Joshua Lincicum, Braytn Meythaler, and Merik Meythaler, all of Monroe, Wisconsin; Gregory Kranhenbuhl, as trustee of the Gregory K. Kranhenbuhl Survivors Trust, both of Newton, Wisconsin; Myron Meythaler and Linda Meythaler, as co-trustees of the Myron A. Meythaler and Linda L. Meythaler Revocable Trust, Connie Lincicum, Barry Meythaler, and Summer Stietz, all of South Wayne, Wisconsin; Brandi House, Verona, Wisconsin; Jason Lincicum, Lodi, Wisconsin; Jeremy Lincicum, Mt. Horeb, Wisconsin; and Robin Schubert, Warren, Illinois; as a group acting in concert to retain voting shares of Woodford Bancshares, Inc., and thereby indirectly acquire voting shares of Woodford State Bank, Monroe, Wisconsin. Additionally, Jeffrey Anderson Family Trust, Jeffrey Anderson, as trustee, both of Minneapolis, Minnesota; to acquire voting shares of Woodford Bancshares, Inc., and thereby indirectly acquire voting shares of Woodford State Bank.
-Permitted, May 16, 2022

Du Quoin State Bank, Du Quoin, Illinois -- extension to November 19, 2022, to establish a branch at 201 South Park Street, Sesser, Illinois.
-Granted, May 20, 2022

Ion Financial, MHC, Naugatuck, Connecticut -- to merge with Lincoln Park Bancorp, and thereby indirectly acquire Lincoln 1st Bank, both of Pine Brook, New Jersey.
-Approved, May 16, 2022

Truist Financial Corporation, Charlotte, North Carolina -- request regarding the treatment of certain structural positions in a foreign currency under the Board's capital rule.
-Granted, May 9, 2022
(A/C)