83 FR 38694 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 83, Issue 152 (August 7, 2018)

Page Range		38694-38694
FR Document		2018-16872

Federal Register, Volume 83 Issue 152 (Tuesday, August 7, 2018)

[Federal Register Volume 83, Number 152 (Tuesday, August 7, 2018)]
[Notices]
[Page 38694]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-16872]


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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 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 September 4, 2018.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. First Mid-Illinois Bancshares, Inc., Mattoon, Illinois; to 
acquire 100 percent of SCB Bancorp, Inc., and thereby indirectly 
acquire Soy Capital Bank and Trust Company, both of Decatur, Illinois.
    B. Federal Reserve Bank of Minneapolis (Mark A. Rauzi, Vice 
President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:
    1. Park Financial Group, Inc., Minneapolis, Minnesota; to acquire 
48.46 percent of Mesaba Bancshares, Inc., Grand Rapids, Minnesota; and 
thereby indirectly acquire The Lake Bank, Two Harbors, Minnesota, and 
American Bank of the North, Nashwauk, Minnesota. In addition, Park 
Financial Group, Inc., has acquired an option to purchase the remaining 
51.54 percent of the voting shares of Mesaba Bancshares, Inc., Grand 
Rapids, Minnesota.

    Board of Governors of the Federal Reserve System, August 2, 
2018.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2018-16872 Filed 8-6-18; 8:45 am]
 BILLING CODE 6210-01-P

38694 Federal Register / Vol. 83, No. 152 / Tuesday, August 7, 2018 / Notices

charged with the duty of winding up the liquidating all related assets. The made all dividend distributions
affairs of the former institutions and Receiver has fulfilled its obligations and required by law.

NOTICE OF TERMINATION OF RECEIVERSHIPS
Termination
Fund Receivership name City State date

10035 ................................................. Alliance Bank ..................................... Culver City ......................................... CA 8/1/2018
10225 ................................................. BC National Banks ............................ Butler ................................................. MO 8/1/2018
10285 ................................................. Sonoma Valley Bank ......................... Sonoma ............................................. CA 8/1/2018
10460 ................................................. Excel Bank ......................................... Sedalia ............................................... MO 8/1/2018
10482 ................................................. 1st Commerce Bank .......................... North Las Vegas ................................ NV 8/1/2018

The Receiver has further irrevocably a nonbanking company, the review also DEPARTMENT OF HEALTH AND
authorized and appointed FDIC- includes whether the acquisition of the HUMAN SERVICES
Corporate as its attorney-in-fact to nonbanking company complies with the
execute and file any and all documents standards in section 4 of the BHC Act Centers for Disease Control and
that may be required to be executed by (12 U.S.C. 1843). Unless otherwise Prevention
the Receiver which FDIC-Corporate, in noted, nonbanking activities will be [30Day–18–17BAN]
its sole discretion, deems necessary, conducted throughout the United States.
including but not limited to releases, Agency Forms Undergoing Paperwork
discharges, satisfactions, endorsements, Unless otherwise noted, comments
Reduction Act Review
assignments, and deeds. Effective on the regarding each of these applications
termination dates listed above, the must be received at the Reserve Bank In accordance with the Paperwork
Receiverships have been terminated, the indicated or the offices of the Board of Reduction Act of 1995, the Centers for
Receiver has been discharged, and the Governors not later than September 4, Disease Control and Prevention (CDC)
Receiverships have ceased to exist as 2018. has submitted the information
legal entities. collection request entitled
A. Federal Reserve Bank of Chicago
Strengthening United States Response to
Dated at Washington, DC, on August 2, (Colette A. Fried, Assistant Vice Resistant Gonorrhea (SURRG) to the
2018. President) 230 South LaSalle Street, Office of Management and Budget
Federal Deposit Insurance Corporation. Chicago, Illinois 60690–1414: (OMB) for review and approval. CDC
Robert E. Feldman, 1. First Mid-Illinois Bancshares, Inc., previously published a ‘‘Proposed Data
Executive Secretary. Mattoon, Illinois; to acquire 100 percent Collection Submitted for Public
[FR Doc. 2018–16832 Filed 8–6–18; 8:45 am] of SCB Bancorp, Inc., and thereby Comment and Recommendations’’
BILLING CODE 6714–01–P indirectly acquire Soy Capital Bank and notice on November 15, 2017 to obtain
Trust Company, both of Decatur, comments from the public and affected
Illinois. agencies. CDC received one non-
FEDERAL RESERVE SYSTEM substantive comment on this 60 day
B. Federal Reserve Bank of public notice. This notice serves to
Minneapolis (Mark A. Rauzi, Vice allow an additional 30 days for public
Formations of, Acquisitions by, and
President), 90 Hennepin Avenue, and affected agency comments.
Mergers of Bank Holding Companies
Minneapolis, Minnesota 55480–0291: CDC will accept all comments for this
The companies listed in this notice 1. Park Financial Group, Inc., proposed information collection project.
have applied to the Board for approval, Minneapolis, Minnesota; to acquire The Office of Management and Budget
pursuant to the Bank Holding Company 48.46 percent of Mesaba Bancshares, is particularly interested in comments
Act of 1956 (12 U.S.C. 1841 et seq.) that:
Inc., Grand Rapids, Minnesota; and
(BHC Act), Regulation Y (12 CFR part (a) Evaluate whether the proposed
thereby indirectly acquire The Lake
225), and all other applicable statutes collection of information is necessary
and regulations to become a bank Bank, Two Harbors, Minnesota, and
American Bank of the North, Nashwauk, for the proper performance of the
holding company and/or to acquire the functions of the agency, including
assets or the ownership of, control of, or Minnesota. In addition, Park Financial
whether the information will have
the power to vote shares of a bank or Group, Inc., has acquired an option to
practical utility;
bank holding company and all of the purchase the remaining 51.54 percent of (b) Evaluate the accuracy of the
banks and nonbanking companies the voting shares of Mesaba Bancshares, agencies estimate of the burden of the
owned by the bank holding company, Inc., Grand Rapids, Minnesota. proposed collection of information,
including the companies listed below. Board of Governors of the Federal Reserve including the validity of the
The applications listed below, as well System, August 2, 2018. methodology and assumptions used;
as other related filings required by the Yao-Chin Chao, (c) Enhance the quality, utility, and
Board, are available for immediate clarity of the information to be
Assistant Secretary of the Board.
inspection at the Federal Reserve Bank collected;
daltland on DSKBBV9HB2PROD with NOTICES

indicated. The applications will also be [FR Doc. 2018–16872 Filed 8–6–18; 8:45 am] (d) Minimize the burden of the
available for inspection at the offices of BILLING CODE 6210–01–P collection of information on those who
the Board of Governors. Interested are to respond, including, through the
persons may express their views in use of appropriate automated,
writing on the standards enumerated in electronic, mechanical, or other
the BHC Act (12 U.S.C. 1842(c)). If the technological collection techniques or
proposal also involves the acquisition of other forms of information technology,

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Document Created: 2018-11-06 10:38:52
Document Modified: 2018-11-06 10:38:52

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		83 FR 38694