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Federal Reserve Release
H.2
Actions of the Board, Its Staff,
and the Federal Reserve Banks;
Applications and Reports Received
No. 2
Week Ending January 8, 2022
Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2
Board Actions
January 2, 2022 to January 8, 2022
Personnel
Division of Financial Stability -- appointment of Mona Elliot as senior adviser.
- Announced, January 6, 2022
Regulations and Policies
Regulation I (Federal Reserve Bank Capital Stock) -- final rule to automate nonmerger-related adjustments to member banks' subscriptions to Federal Reserve Bank
capital stock.
- Approved, December 22, 2021
(A/C)
Reserve Bank Operations
Reserve Bank Directors -- designation of chairs and deputy chairs of the Federal
Reserve Banks for 2022.
- Announced, January 5, 2022
Savings and Loan Holding Companies
Double Bottomline Corp., Caldwell, Ohio -- commenter's request for review of the
delegated approval of the application by Double Bottomline Corp. to become a
savings and loan holding company by acquiring Community Savings Bancorp, Inc.,
and thereby indirectly acquire Community Savings, both of Caldwell, Ohio.
- Denied, January 4, 2022
(A/C) = Addition or Correction
Board - Page 1 of
1
H.2
Actions under delegated authority
S&R Supervision and Regulation
C&CA Consumer and Community Affairs
FOMC Federal Open Market Committee
January 2, 2022 to January 8, 2022
RBOPS Reserve Bank Operations and Payment Systems
IF International Finance
MA Monetary Affairs
Bank Branches, Domestic
San Francisco
Cornerstone Community Bank, Red Bluff, California -- to establish a branch at
2727 Ventura Street, Anderson, California.
- Approved, January 6, 2022
Kansas City
Five Points Bank, Grand Island, Nebraska -- to establish a branch at 1229 Millwork
Avenue, Omaha, Nebraska.
- Approved, January 5, 2022
Bank Holding Companies
Kansas City
First Bancorp of Oklahoma, Inc., Oklahoma City, Oklahoma -- to engage in lending
activities and financial and investment advisory activities through its new wholly
owned subsidiary, GLS National, LLC, Oklahoma City, as a result of acquiring assets
of Guaranteed Lending Specialists, LLC, Tulsa, both of Oklahoma.
- Withdrawn, January 3, 2022
Atlanta
FSBH Corporation, Bradenton, Florida -- to become a bank holding company by
acquiring outstanding shares of First Southern Bank, Waycross, Georgia.
- Approved, January 6, 2022
(A/C) = Addition or Correction
Delegated - 1 of
3
H.2
Actions under delegated authority
January 2, 2022 to January 8, 2022
Bank Holding Companies
Dallas
The Odom AmTex Holdings Trust, Orange, Texas -- to become a bank holding
company by acquiring Odom AmTex, LLC, and thereby indirectly acquire AmTex
Bancshares, Inc., both of Orange; Bridge City State Bank, Bridge City; Peoples State
Bank, Shepherd; and Pavillion Bank, Richardson, all of Texas.
- Approved, January 5, 2022
Banks, State Member
Secretary
Silicon Valley Bank, Santa Clara, California -- to make certain public welfare
investments (three requests).
- Approved, January 5, 2022
Extensions of Time
Secretary
Amalgamated Financial Corporation, New York, New York, and Workers United,
Philadelphia, Pennsylvania -- commenter's request to extend the comment period on
the application to acquire by merger Amalgamated Investment Company and thereby
indirectly acquire Amalgamated Bank of Chicago, both of Chicago, Illinois.
- Denied, January 7, 2022
Director, S&R
Wells Fargo & Company, San Francisco, California -- extension of time to conform
or divest a merchant banking investment.
- Granted, January 6, 2022
(A/C) = Addition or Correction
Delegated - 2 of
3
H.2
Actions under delegated authority
January 2, 2022 to January 8, 2022
Regulations and Policies
Chair
Lending and Liquidity Facilities -- reports to Congress pursuant to section 13(3) of
the Federal Reserve Act in response to COVID-19.
- Approved, January 7, 2022
Supervision and Regulation
General Counsel
Santander Holdings USA, Inc. (Santander US), Boston, Massachusetts -- application
for approval of proposed internal debt "conversion trigger" that would allow the
Board to order the conversion of Santander US's eligible long-term debt into
common equity tier 1 capital, in accordance with the Board's total loss-absorbing
capacity (TLAC) rule.
- Approved, January 5, 2022
(A/C) = Addition or Correction
Delegated - 3 of
3
District: 1
Federal Reserve Bank of Boston
Filings received during the week ending January 8, 2022
Filer
Filing Type
NONE
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
District: 1
Federal Reserve Bank of Boston
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 2
Federal Reserve Bank of New York
Filings received during the week ending January 8, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
FELIX SCHERZER,
SCHERZER CAPITAL, LLC,
AND THE SCHERZER
FAMILY TRUST
CIC
Notice of Change in Control by Mr. Felix
Scherzer, Scherzer Capital, LLC, and the
Scherzer Family Trust (the trustee of which
is Thomas Nakashian), all of New York,
New York, to acquire 14.91 percent of
voting shares of, and thereby control,
Patriot National Bancorp, Inc., Stamford,
Connecticut.
Newspaper:
01/11/2022
Federal Register:
01/18/2022
NAVE HOLDINGS LLC
* 3A1
Nave Bank, San Juan, Puerto Rico, a de
novo bank, to become a member of the
Federal Reserve System, and Nave
Holdings LLC, also of San Juan, Puerto
Rico, to become a bank holding company
by acquiring one hundred percent of Nave
Bank, pursuant to Section 3(a)(1) of the
Bank Holding Company Act of 1956, as
amended.
Newspaper:
01/16/2022
Federal Register:
01/26/2022
Notice by Oaktree Opportunities Fund XI
Holdings (Delaware), L.P., Oaktree
Opportunities Fund Xb Holdings
(Delaware), L.P., Oaktree Fund GP, LLC,
Oaktree Fund GP I, L.P., Oaktree Capital I,
L.P., OCM Holdings I, LLC, Oaktree
Holdings, LLC, Oaktree Capital Group,
LLC, Oaktree Capital Group Holdings,
L.P., Oaktree Capital Group Holdings GP,
LLC, Bruce Karsh and Howard Marks, all
of Los Angeles, California, to acquire 10
percent or more of the shares of, and
thereby control, Patriot National Bancorp,
Inc., Stamford, Connecticut.
Newspaper:
01/11/2022
Federal Register:
01/11/2022
TBB Investments LLC and TBB
Intermediate LLC, to become bank holding
companies by acquiring 92.7 percent of the
common voting shares of Berkshire
Bancorp, Inc., and thereby indirectly
acquiring Berkshire Bank, all of New York,
New York, pursuant to Section 3(a)(1) of
the Bank Holding Company Act of 1956,
as amended, and Section 225.15 of
Regulation Y. In addition, TBB
Intermediate LLC, to merge with and into
Berkshire Bancorp, Inc., pursuant to
Section (3)(a)(5) of the Bank Holding
Company Act of 1956, as amended, and
Section 225.15 of Regulation Y.
Newspaper:
02/08/2022
Federal Register:
02/09/2022
Member
OAKTREE CAPITAL
MANAGEMENT LP
CIC
TBB INVESTMENTS LLC
* 3A1
* 3A5
* Subject to the provisions of the Community Reinvestment Act
District: 2
Federal Reserve Bank of New York
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 3
Federal Reserve Bank of Philadelphia
Filings received during the week ending January 8, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
FIRST CITIZENS
COMMUNITY BANK
* Branch
First Citizens Community Bank,
Mansfield, PA, to establish a branch office
located at 3630 Rothsville Road, Ephrata,
PA, 17522.
Newspaper:
01/17/2022
Federal Register:
Not applicable
* Subject to the provisions of the Community Reinvestment Act
District: 3
Federal Reserve Bank of Philadelphia
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 4
Federal Reserve Bank of Cleveland
Filings received during the week ending January 8, 2022
Filer
Filing Type
NONE
* Subject to the provisions of the Community Reinvestment Act
Filing Proposal
End of Comment Period
District: 4
Federal Reserve Bank of Cleveland
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 5
Federal Reserve Bank of Richmond
Filings received during the week ending January 8, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
Lee Bankshares, Inc.
* 3A1
Lee Bankshares, Inc., Pennington Gap,
Virginia, to become a bank holding
company by acquiring 100% of Lee Bank
and Trust Company, Pennington Gap,
Virginia.
Newspaper:
01/28/2022
Federal Register:
01/27/2022
Dominik Mjartan and Georgia M. Mjartan
to reach or exceed control of 25% of the
voting securities of Optus Financial
Corporation, Columbia, South Carolina,
and thereby indirectly control Optus Bank,
Columbia, South Carolina.
Newspaper:
02/01/2022
Federal Register:
Not available
OPTUS FINANCIAL
CORPORATION
CIC
* Subject to the provisions of the Community Reinvestment Act
District: 5
Federal Reserve Bank of Richmond
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 6
Federal Reserve Bank of Atlanta
Filings received during the week ending January 8, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
FNB PICAYUNE BANK
* Branch
First National Bank of Picayune, Picayune,
Mississippi, to establish a branch at 16230
Highway 603, Kiln, Mississippi.
Newspaper:
01/19/2022
Federal Register:
Not applicable
Georgia Banking Company, Inc., Atlanta,
Georgia to merge with Peoples BankTrust,
Inc., and thereby indirectly acquire its
subsidiary, Peoples Bank & Trust, both of
Buford, Georgia.
Newspaper:
02/03/2022
Federal Register:
02/10/2022
GEORGIA BANKING
COMPANY, INC.
* 3A5
* Subject to the provisions of the Community Reinvestment Act
District: 6
Federal Reserve Bank of Atlanta
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 7
Federal Reserve Bank of Chicago
Filings received during the week ending January 8, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
BTC FINANCIAL
CORPORATION
CIC
Notice by John Ruan IV, Des Moines,
Iowa; James H. Windsor IV, Chicago,
Illinois; and Jonathan Hale Hoak, Dallas,
Texas, to join Thomas R. Schaefer, Stuart,
Florida, as members of a Family Business
Advisory Board and together as a group
acting in concert, to retain the authority to
vote 100 percent of the voting shares of
BTC Financial Corporation, Des Moines,
Iowa. Messrs. Ruan, Windsor, Hoak and
Schaefer constitute the Family Business
Advisory Board of both The Ruan Trust
and The Ruan BTC Trust, both of Des
Moines, Iowa, which in aggregate the
trusts own 100 percent of the voting shares
of BTC Financial Corporation. BTC
Financial Corporation controls Bankers
Trust Company, Des Moines, Iowa. John
Ruan IV, Des Moines, Iowa, is the trustee
of both The Ruan Trust and The Ruan BTC
Trust.
Newspaper:
Not available
Federal Register:
Not available
HOW-WIN DEVELOPMENT
CO.
CIC
JST 2020 Trust, Stephanie C. Thomson,
individually and as co-trustee with CUSB
Bank, all of Cresco, Iowa, to join the
Thomson Family Control Group, a group
acting in concert, to retain voting shares of
How-Win Development Co. and thereby
indirectly retain voting shares of CUSB
Bank, both of Cresco, Iowa.
Newspaper:
Not available
Federal Register:
01/18/2022
LIBERTY FINANCIAL
SERVICES, INC.
CIC
Notice by Mark R. Peterson, as trustee to
the following trusts: the First Amended and
Restated Mark R. Peterson Bank Trust, the
First Amended and Restated Susan P.
Depass Bank Trust, the First Amended and
Restated Chase R. Peterson Bank Trust, the
First Amended and Restated Clair P.
Peterson Bank Trust, the First Amended
and Restated Cole M. Peterson Bank Trust,
and the First Amended and Restated Aja
M. Depass Bank Trust; and by Polly P.
Peterson Trust and the Polly P. Peterson
IRA, Polly P. Peterson as trustee and
owner, respectively, all of Dakota Dunes,
South Dakota; to join the Peterson Family
Control Group, a group acting concert, to
retain voting shares of Liberty Financial
Services, Inc. and thereby indirectly retain
voting shares of Liberty National Bank,
both of Sioux City, Iowa
Newspaper:
Not available
Federal Register:
Not available
* Subject to the provisions of the Community Reinvestment Act
District: 7
Federal Reserve Bank of Chicago
Filings received during the week ending January 8, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
QCR HOLDINGS, INC.
* 18C
QCR Holdings, Inc., Moline, Illinois to
merge with Guaranty Federal Bancshares,
Inc., Springfield, Missouri. Concurrently,
Springfield First Community Bank,
Springfield, Missouri to merge with
Guaranty Bank, Springfield, Missouri and
thereby establish branches at the main
office and branch locations of Guaranty
Bank.
Newspaper:
Not available
Federal Register:
01/19/2021
Tom E. Marantz, Springfield, Illinois, as
trustee of the Tom E. Marantz Exempt
Trust; the Tom E. Marantz Exempt Trust;
Marla J. Marantz, Springfield, Missouri, as
trustee of the Marla J. Marantz Exempt
Trust; and the Marla J. Marantz Exempt
Trust; Gregory Marantz, Springfield,
Illinois, as Trustee of the Gregory R.
Marantz Spring Bancorp Irrevocable Trust;
Jennifer Marantz, St. Louis, Missouri, as
Trustee of the Jennifer A. Marantz Spring
Bancorp Irrevocable Trust; and, Melissa
Knoedler, Springfield, Illinois, as Trustee
of the Melissa L. Knoedler Spring Bancorp
Irrevocable Trust to be added to the
Marantz family control group to acquire
voting shares of Spring Bancorp, Inc.,
Springfield, Illinois, and thereby acquire
voting shares of Bank of Springfield,
Springfield, Illinois.
Newspaper:
Not available
Federal Register:
12/13/2021
* 3A5
* Branch
SPRING BANCORP, INC.
CIC
* Subject to the provisions of the Community Reinvestment Act
District: 7
Federal Reserve Bank of Chicago
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 8
Federal Reserve Bank of St. Louis
Filings received during the week ending January 8, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
ENCORE BANK
* Branch
Encore Bank, Little Rock, Arkansas, to
establish a branch facility to be located at
1859 Summerville Avenue, Suite 200,
Charleston, South Carolina.
Newspaper:
01/13/2022
Federal Register:
Not applicable
First Horizon Bank, Memphis, Tennessee,
request for blanket approval to make afterthe-fact notice above 5 percent of capital
and surplus for public welfare investments.
Newspaper:
Not applicable
Federal Register:
Not applicable
Omni Bank Group, Inc., Little Rock,
Arkansas, to become a bank holding
company by acquiring Community State
Bank, Bradley, Arkansas.
Newspaper:
02/02/2022
Federal Register:
02/07/2022
Southern Bancorp Bank, Arkadelphia,
Arkansas, to establish a branch facility to
be located at 3917 West 12th Street, Suite
120, Little Rock, Arkansas.
Newspaper:
01/24/2022
Federal Register:
Not applicable
FIRST HORIZON BANK
OMNI BANK GROUP, INC.
SOUTHERN BANCORP
BANK
PWI
* 3A1
* Branch
* Subject to the provisions of the Community Reinvestment Act
District: 8
Federal Reserve Bank of St. Louis
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
Exam Method
48374
FIRST FINANCIAL BK, EL DORADO, ARKANSAS
09/06/2021
01/03/2022
S
Int Small Bank
285740
PADUCAH B&TC, PADUCAH, KENTUCKY
09/20/2021
01/03/2022
S
Int Small Bank
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
District: 9
Federal Reserve Bank of Minneapolis
Filings received during the week ending January 8, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
ALERUS FINANCIAL
CORPORATION
* 3A5
Alerus Financial Corporation, Grand
Forks, North Dakota; to merge with MPB
BHC, Inc., and thereby indirectly acquire
Metro Phoenix Bank, both of Phoenix,
Arizona.
Newspaper:
Not available
Federal Register:
Not available
LEACKCO BANK HOLDING
COMPANY, INC.
CIC
Scott A. Erickson and Matthew P. Bock,
both of Sioux Falls, South Dakota, to retain
voting shares of Leackco Bank Holding
Company, Inc. (Leackco), Huron, South
Dakota, and thereby indirectly retain shares
of American Bank & Trust, Wessington
Springs, South Dakota. Additionally, the
2021 Jeffory A. Erickson Irrevocable Trust
No. 5 (Erickson Trust 5), the 2021 Jeffory
A. Erickson Irrevocable Trust No. 6
(Erickson Trust 6), the 2021 Jeffory A.
Erickson Irrevocable Trust No. 7 (Erickson
Trust 7), and the 2021 Jeffory A. Erickson
Irrevocable Trust No. 8 (Erickson Trust 8,
and collectively, the New Erickson Trusts),
Matthew P. Bock, as Trust Protector of the
New Erickson Trusts, Scott A. Erickson as
Investment Trust Advisor of the New
Erickson Trusts and trustee of Erickson
Trust 5, Erickson Trust 6, and Erickson
Trust 8, and Jamie L. Brown as trustee of
Erickson Trust 7, all of Sioux Falls, South
Dakota; to join the Erickson family
shareholder group, a group acting in
concert, by retaining voting shares of
Leackco, and thereby indirectly retaining
voting shares of American Bank & Trust.
Additionally, the 2021 Preston B. Steele
Irrevocable Trust No. 1, the 2021 Preston
B. Steele Irrevocable Trust No. 2, and the
2021 Preston B. Steele Irrevocable Trust
No. 3 (collectively, the New Steele Trusts),
Matthew P. Bock, as Investment Trust
Advisor and trustee of the New Steele
Trusts, and Scott A. Erickson, as Trust
Protector of the New Steele Trusts, all of
Sioux Falls, South Dakota; to join the
Steele family shareholder group, a group
acting in concert, by retaining voting
shares of Leackco, and thereby indirectly
retaining voting shares of American Bank
& Trust.
Newspaper:
Not available
Federal Register:
01/20/2022
* Subject to the provisions of the Community Reinvestment Act
District: 9
Federal Reserve Bank of Minneapolis
Filings received during the week ending January 8, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
SECURITY BANK SHARES,
INC.
CIC
The Willard and Geraldine Ogren
Revocable Trust (WGO Trust), Iron River,
Wisconsin; Greg Ogren, individually and
as trustee of the WGO Trust and the Greg
Ogren Separate Descendant's Trust, both of
Iron River, Wisconsin; Scott Ogren,
individually and as trustee of the Scott
Ogren Separate Descendant's Trust, both of
Iron River, Wisconsin; Mark Ogren,
Minnetrista, Minnesota, individually and as
trustee of the Mark Ogren Separate
Descendant's Trust, Iron River, Wisconsin;
and Lori Ogren, Iron River, Wisconsin, as a
group acting in concert, to retain voting
shares of Security Bank Shares, Inc., Iron
River, Wisconsin, and thereby indirectly
retain voting shares of Security State Bank,
Iron River, Wisconsin, and Security Bank,
New Auburn, Wisconsin.
Newspaper:
Not available
Federal Register:
Not available
* Subject to the provisions of the Community Reinvestment Act
District: 9
Federal Reserve Bank of Minneapolis
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 10
Federal Reserve Bank of Kansas City
Filings received during the week ending January 8, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
SANTA FE TRAIL BANC
SHARES, INC.
CIC
Joe D. Butcher, a member of the Butcher
Family Group, a group acting in concert, as
trustee of the Joe D. Butcher Trust No. 1,
both of Cimarron, Kansas; and as cotrustee of the Donna L. Butcher Trust B,
Hutchinson, Kansas; to retain shares of
Santa Fe Trail Banc Shares, Inc. (the
Company) and thereby indirectly retain
voting shares of Centera Bank, both of
Sublette, Kansas. In addition, the Donna L.
Butcher Trust B, First National Bank of
Hutchinson, co-trustee, both of
Hutchinson, Kansas, Joe D. Butcher,
Kimberly Fairbank, co-trustees, both of
Cimarron, Kansas; to join the Butcher
Family Group, to retain shares of the
Company and thereby indirectly retain
voting shares of Centera Bank, both of
Sublette, Kansas.
Newspaper:
Not available
Federal Register:
01/18/2022
* Subject to the provisions of the Community Reinvestment Act
District: 10
Federal Reserve Bank of Kansas City
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 11
Federal Reserve Bank of Dallas
Filings received during the week ending January 8, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
ANIMO BANCORP, INC.
* 3A1
Animo Bancorp, Inc., Ganado, Texas, to
become a bank holding company, by
acquiring 100 percent of Ganado
Bancshares, Inc, and thereby indirectly
acquire The Citizens State Bank of
Ganado, both of Ganado, Texas.
Newspaper:
Not available
Federal Register:
Not available
Retroactive Notice under the Change in
Bank Control Act ("CIBCA") filed by
Brittany Broke Lane ("Notificant"),
Jonestown, Texas, to retain 10 percent or
more of voting shares of Shelby
Bancshares, Inc. ("Company") and
indirectly retain voting shares of Shelby
Savings Bank, SSB ("Bank"), both of
Center, Texas and thereby to join the
Campbell Family Control Group, a group
acting in concert, cleared under the Change
in Bank Control Act on November 14,
2019.
Newspaper:
01/05/2022
Federal Register:
01/05/2022
Application by Texas Regional Bank,
Harlingen, Texas, to acquire by merger
AccessBank, Denton, Texas, and to
establish the offices of AccessBank as
branches of Texas Regional Bank
Newspaper:
Not available
Federal Register:
Not applicable
Application by Texas State Bankshares,
Harlingen, Texas, to acquire by merger
Access Bancorp, Inc., and indirectly
AccessBank, both of Denton, Texas
Newspaper:
Not available
Federal Register:
01/24/2022
Application by Third Coast Bank, SSB,
Humble, Texas to establish a branch
located at 1400 West 7th Street, Fort
Worth, Texas 76102
Newspaper:
01/10/2022
Federal Register:
Not applicable
United Texas Bank, Dallas, Texas, to
establish a branch at 10803 Preston Road,
Dallas, Texas 75230
Newspaper:
Not available
Federal Register:
Not applicable
Joseph V. Gillen, Spicewood, Texas,
individually and as co-trustee of the
Woodforest Financial Group Employee
Stock Ownership Plan (with 401k
Provisions) (As Amended and Restated
Effective January 1, 2016), The
Woodlands, Texas, and as Co-Trustee of
the Woodforest Financial Group Employee
Stock Ownership Trust, The Woodlands,
Texas, to retain voting shares of
Woodforest Financial Group, Inc., and
thereby indirectly Woodforest National
Bank, both of The Woodlands, Texas
Newspaper:
Not available
Federal Register:
01/18/2022
SHELBY BANCSHARES, INC. CIC
TEXAS REGIONAL BANK
* 18C
* Branch
TEXAS STATE
BANKSHARES, INC.
* 3A5
THIRD COAST BANK, SSB
* Branch
UNITED TEXAS BANK
* Branch
WOODFOREST FINANCIAL CIC
GROUP EMPLOYEE STOCK
OWNERSHIP PLAN (WITH
401(K) PROVISIONS)
(AMENDED AND RESTATED
EFF. 01/01/16)
* Subject to the provisions of the Community Reinvestment Act
District: 11
Federal Reserve Bank of Dallas
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
District: 12
Federal Reserve Bank of San Francisco
Filings received during the week ending January 8, 2022
Filer
Filing Type
Filing Proposal
End of Comment Period
BANKGUAM HOLDING
COMPANY
CIC
Joaquin P.L.G. Cook, Chalan Pago-Ordot,
Guam, as trustee of the Voting Trust
Agreement of BankGuam Holding
Company ("VTA"), to acquire voting
shares of BankGuam Holding Company,
Hagatna, Guam, and join the VTA and its
members (Martin D. Leon Guerrero,
Martin Perez Leon Guerrero, William D.
Leon Guerrero, and Zita T. Leon Guerrero,
all of Hagatna, Guam; John S. San Agustin,
San Francisco, California; Patricia P. Ada,
Tamuning, Guam; the Jesus S. Leon
Guerrero Family Trust (Eugenia A. Leon
Guerrero, as trustee), both of Hagatna,
Guam; Lourdes A. Leon Guerrero,
Hagatna, Guam; the Felino B. Amistad and
Fulgencia R. Amistad Trust (Felino A.
Amistad, as trustee) Ada%s Trust &
Investments (Pedro Perez Ada, Patricia
Ann Perez Ada, and Teresa A. John, as coexecutors) Ada%s Family Trust (Pedro
Perez Ada, Patricia Ann Perez Ada, and
Teresa A. John, as trustees); the John
Family Living Trust (David James John
and Teresa Ada John, as co-trustees), all of
Hagatna, Guam; Pedro Perez Ada,
Hagatna, Guam; Carla Perez Ada,
Sausalito, California; Frances Perez Ada
Purviance, El Dorado Hills, California;
Maria Ada Bonnie, Minneapolis,
Minnesota; the Luis and Cynthia Camacho
Living Trust (Cynthia Camacho, as
trustee), both of Hagatna, Guam; the Ralph
Guerrero Sablan and MaryAnne Gutierrez
Sablan Living Trust (Mark J. Sablan,
Hagatna, Guam, individually and with
Ralph Gregory Sablan, Agana Heights,
Guam, individually and as co-trustees),
both of Sinajana, Guam; Vincent Leon
Guerrero, Mangilao, Guam; Dominica LG
Aguon, Hagatna, Guam; Agnes Leon
Guerrero Winters and Tyler Reece Leon
Guerrero Winters, both of Camarillo,
California; Michael S. Wu, Locust, New
Jersey; James Wu, Shaker Heights, Ohio;
Joe T. San Agustin, Dededo, Guam;
Rebecca S. Mann, Columbia, South
Carolina; and Michelle M. Sablan, Santa
Cruz, California), a group acting in
concert, to retain voting shares of
BankGuam Holding Company and thereby
indirectly retain voting shares of Bank of
Guam, both of Hagatna, Guam.
Newspaper:
01/06/2021
Federal Register:
01/27/2022
* Subject to the provisions of the Community Reinvestment Act
District: 12
Federal Reserve Bank of San Francisco
Filings received during the week ending January 8, 2022
Filer
Filing Proposal
End of Comment Period
BAWAG P.S.K. BANK FUR
FBSEA
ARBAIT UND WIRTSCHAFT
UND OSTERREICHISCHE
POSTSPARKASSE
AKTIENGESELLSCHAFT
BAWAG P.S.K. Bank Fur Arbeit und
Wirtschaft und Osterreichische
Postsparkasse Aktiengesellschaft, Wien,
Austria, to establish a representative office
at 521 Boccaccio Avenue, Venice,
California, pursuant to section 10(a) of the
International Banking Act.
Newspaper:
Not available
Federal Register:
Not applicable
COLUMBIA BANKING
SYSTEM, INC.
* 3A3
Columbia Banking System, Inc., Tacoma,
Washington, to acquire Umpqua Holdings
Corporation, Portland, Oregon, and its
subsidiary, Umpqua Bank, Roseburg,
Oregon, pursuant to sections 3(a)(3) and 3
(a)(5) of the Bank Holding Company Act.
In connection with this Application,
Columbia Banking System, Inc., also elects
to be treated as a financial holding
company pursuant to section 4(l) of the
BHC Act, in order to acquire the
nonbanking subsidiaries of Umpqua
Holdings Corporation, Portland, Oregon.
Newspaper:
Not available
Federal Register:
01/07/2022
EAST WEST BANK
PWI
East West Bank, Pasadena, California, to
make a public welfare investment of $9.15
million in the Community Development
and Affordable Housing Fund II, LLC.
Newspaper:
Not applicable
Federal Register:
Not applicable
Forest Holdings LLC to become a bank
holding company by acquiring West Valley
National Bank, both of Goodyear, Arizona.
Newspaper:
Not available
Federal Register:
Not available
Medina 2021 MNBH Trust, Burlingame,
California, and Alma Vivar, Daly City,
California, as Trustee, to acquire voting
shares of MNB Holdings Corporation, and
thereby indirectly acquire voting shares of
Mission National Bank, both of San
Francisco, California.
Newspaper:
Not available
Federal Register:
01/14/2022
PBCO Financial Corporation to become a
bank holding company by acquiring
People's Bank of Commerce, both of
Medford, Oregon.
Newspaper:
Not available
Federal Register:
02/03/2022
Silicon Valley Bank, Santa Clara,
California, proposes to make a public
welfare investment of $36.0 million in
Raymond James California Housing
Opportunities Fund 11 L.L.C.
Newspaper:
Not applicable
Federal Register:
Not applicable
Western Alliance Bank, Phoenix, Arizona,
to establish a branch office at 4445 N.
Campbell Avenue, Tucson Arizona.
Newspaper:
Not available
Federal Register:
Not applicable
Forest Holdings LLC
Filing Type
* 3A5
* 3A1
MNB HOLDINGS
CORPORATION
CIC
PBCO FINANCIAL
CORPORATION
* 3A1
SILICON VALLEY BANK
PWI
WESTERN ALLIANCE BANK * Branch
* Subject to the provisions of the Community Reinvestment Act
District: 12
Federal Reserve Bank of San Francisco
Availability of CRA Public Evaluations
The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate,
including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR
228). The regulation was revised in May 1995.
The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is
taken into account in considering an institution's application for deposit facilities.
A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
Federal bank regulators use the following performance levels to rate an institution's performance under CRA:
O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance
The following state member banks have been examined and their CRA public evaluations are now available.
RSSD
ID
Institution / Location
Exam Date
CRA
Public Date
CRA
Rating
NONE
CRA Examinations scheduled for
Quarter of
Institution
NONE
* Subject to the provisions of the Community Reinvestment Act
Location
Quarter
Exam Method
@FedFRASER