Federal Reserve System
The notificants listed below have applied under the Change in Bank Control Act (Act) (12 U.S.C. 1817(j)) and § 225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the applications are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
The public portions of the applications listed below, as well as other related filings required by the Board, if any, are available for immediate inspection at the Federal Reserve Bank(s) indicated below and at the offices of the Board of Governors. This information may also be obtained on an expedited basis, upon request, by contacting the appropriate Federal Reserve Bank and from the Board's Freedom of Information Office at www.federalreserve.gov/foia/request.htm. Interested persons may express their views in writing on the standards enumerated in paragraph 7 of the Act.
Comments received are subject to public disclosure. In general, comments received will be made available without change and will not be modified to remove personal or business information including confidential, contact, or other identifying information. Comments should not include any information such as confidential information that would not be appropriate for public disclosure.
Comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors, Benjamin W. McDonough, Secretary of the Board, 20th Street and Constitution Avenue NW, Washington, DC 20551-0001, not later than November 16, 2026. A. Federal Reserve Bank of Minneapolis (Mark Nagle, Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291. Comments can also be sent electronically to MA@mpls.frb.org:
1. The MOR GST Trust and the MOR Non-GST Trust, Michael O. Regan as trustee, all of Grant, Minnesota; the 2026 COR Irrevocable Trust, Casey O. Regan as trustee, both of Maplewood, Minnesota; the 2026 MMW Irrevocable Trust, Meghan M. Weyland as trustee, both of Louisville, Kentucky; the 2026 GOR Irrevocable Trust, Garrett O. Regan as trustee, both of Lakeville, Minnesota; the 2026 AJM Irrevocable Trust, Angela J. Mattingly and Michael C. Mattingly as co-trustees, all of Louisville, Kentucky; the KJR GST Trust and the KJR Non-GST Trust, Kelly J. Regan, all of Prescott, Wisconsin, and Katie J. Nath, North St. Paul, Minnesota, as co-trustees; the SOR-MDR GST Trust and the SOR-MDR Non-GST Trust, Sean O. Regan as trustee, all of White Bear Lake, Minnesota; the KJN GST Trust, the KJN Non-GST Trust, the DOR GST Trust, the DOR Non-GST Trust, Katie J. Nath as ( printed page 68517) trustee, all of North St. Paul, Minnesota; the POR Non-GST Trust, Patrick O. Regan as trustee, both of Hastings, Minnesota; and the CMR GST Trust and the CMR Non-GST Trust, Katie J. Nath, all of North St. Paul, Minnesota, and Colleen M. Regan, Madrid, Spain, as co-trustees; to join the Regan Family Control Group, a group acting in concert, to acquire voting shares of PB Bancshares Inc., (“PBBI”), and thereby indirectly retain voting shares of Premier Bank, both of Maplewood, Minnesota. Michael O. Regan, Patrick O. Regan, Kelly J. Regan, Colleen M. Regan, Sean O. Regan, and Katie J. Nath are members of the Regan Family Control Group and were each previously permitted by the Federal Reserve System to acquire voting shares of PBBI in their individual capacities.
2. Zachary Watson, Fargo, North Dakota, and Christopher Watson, Scottsdale, Arizona; to join the Watson Family Control Group, a group acting in concert, to retain voting shares of Security State Bank Holding Company, Fargo, and thereby indirectly retain voting shares of Bank Forward, both of Fargo, North Dakota. B. Federal Reserve Bank of San Francisco (Keith Dudley, Vice President) 101 Market Street, San Francisco, California 94105-1579. Comments can also be sent electronically to SF.Supervision.Comments.Applications@sf.frb.org:
1. The Scott M. Browning Legacy Trust, Sally W. Browning and Robert Tanzer Wallace Browning as trustees, all of Salt Lake City, Utah; to join the Browning Family Control Group, a group acting in concert, to retain voting shares of First Utah Bancorporation, and thereby indirectly retain voting shares of First Utah Bank, both of Salt Lake City, Utah. Sally W. Browning is a member of the Browning Family Group and was previously permitted by the Federal Reserve System to acquire and retain voting shares of First Utah Bancorporation.
Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Associate Secretary of the Board.