80 FR 31904 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 80, Issue 107 (June 4, 2015)

[Federal Register Volume 80, Number 107 (Thursday, June 4, 2015)]
[Notices]
[Pages 31904-31905]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-13614]


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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies

    The companies listed in this notice have applied to the Board for 
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 
1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other 
applicable statutes

[[Page 31905]]

and regulations to become a bank holding company and/or to acquire the 
assets or the ownership of, control of, or the power to vote shares of 
a bank or bank holding company and all of the banks and nonbanking 
companies owned by the bank holding company, including the companies 
listed below.
    The applications listed below, as well as other related filings 
required by the Board, are available for immediate inspection at the 
Federal Reserve Bank indicated. The applications will also be available 
for inspection at the offices of the Board of Governors. Interested 
persons may express their views in writing on the standards enumerated 
in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the 
acquisition of a nonbanking company, the review also includes whether 
the acquisition of the nonbanking company complies with the standards 
in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, 
nonbanking activities will be conducted throughout the United States.
    Unless otherwise noted, comments regarding each of these 
applications must be received at the Reserve Bank indicated or the 
offices of the Board of Governors not later than June 30, 2015.
    A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice 
President) 1000 Peachtree Street NE., Atlanta, Georgia 30309:
    1. Cornerstone Bancshares, Inc., Chattanooga, Tennessee; to merge 
with SmartFinancial, Inc., Pigeon Forge, Tennessee, and thereby acquire 
its subsidiary, SmartBank, Pigeon Forge, Tennessee.
    B. Federal Reserve Bank of St. Louis (Yvonne Sparks, Community 
Development Officer) P.O. Box 442, St. Louis, Missouri 63166-2034:
    1. Bank of the Ozarks, Inc., Little Rock, Arkansas; to merge with 
Bank of the Carolinas Corporation, Mocksville, North Carolina, and 
thereby indirectly acquire Bank of the Carolinas, Mocksville, North 
Carolina.
    C. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant 
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:
    1. Commerce Bank and Trust Holding Company Employee Stock Ownership 
Plan; to acquire up to 30.20 percent of the voting shares of Commerce 
Bank and Trust Holding Company, parent of CoreFirst Bank & Trust, all 
in Topeka, Kansas.

    Board of Governors of the Federal Reserve System, May 29, 2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-13614 Filed 6-3-15; 8:45 am]
 BILLING CODE 6210-01-P