Board of Governors of the Federal Reserve System

Frost Bank, San Antonio, Texas -- to establish a branch at 7460 North State Highway 161, Irving, Texas.
Approved: November 24, 2023

New Peoples Bank, Inc., Honaker, Virginia -- to establish a branch at 230-A Wilson Drive, Boone, North Carolina.
Approved: November 21, 2023

Simmons Bank, Pine Bluff, Arkansas -- to establish a branch at 86 Stuart Road NE, Cleveland, Tennessee.
Approved: November 20, 2023

LINKBANCORP, Inc., Camp Hill, Pennsylvania -- request for reconsideration of the Board's approval of the application by LINKBANCORP, Inc., to acquire Partners Bancorp, Salisbury, Maryland, and thereby indirectly acquire The Bank of Delmarva, Seaford, Delaware, and Virginia Partners Bank, Fredericksburg, Virginia.
Denied: November 22, 2023

State Holding, Inc., Richmond, Missouri -- to become a bank holding company by acquiring voting shares of The State Bank, Richmond, Missouri.
Approved: November 20, 2023

Manufacturers and Traders Trust Company, Buffalo, New York -- to make two public welfare investments.
Approved: November 22, 2023

Lamar Trust Bancshares, Inc., Lamar, Missouri -- James F. O'Neal as trustee of the Patrick B. O'Neal Irrevocable Trust dated June 25, 2009, James Christopher O'Neal Irrevocable Trust dated June 25, 2009, all of Lamar, Missouri, and many more, to become members of the James F. O'Neal Family Control Group, a group acting in concert, to retain voting shares of Lamar Trust Bancshares, Inc., and thereby indirectly retain voting shares of Lamar Bank & Trust Company, Lamar, Missouri, and more.
Permitted: November 20, 2023

First State Banking Corp, Russellville, Arkansas -- Charles Bowen Blanchard, as trustee of the Blanchard Living Trust, the Kate Elizabeth Blanchard Irrevocable Trust, and the Bowen Dodd Blanchard Irrevocable Trust, all of Russellville, Arkansas, and many more, as part of a family control group acting in concert to retain voting shares of First State Banking Corp and thereby indirectly retain voting shares of First State Bank, Russellville, Arkansas.
Permitted: November 22, 2023

Long-Term Debt Requirements for Large Banking Organizations -- interagency extension of the comment period until January 16, 2024, for the notice of proposed rulemaking.
Approved: November 21, 2023

Regulation D (Reserve Requirements of Depository Institutions) -- annual indexing of reserve requirement exemption amount and low reserve tranche for 2024.
Approved: November 20, 2023

Regulation I (Issue and Cancellation of Federal Reserve Bank Capital Stock) -- final rule to apply an inflation adjustment to the asset threshold at which banks are subject to different dividend rates for their Federal Reserve Bank stock.
Approved: November 20, 2023