2023-25462. 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 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 https://www.federalreserve.gov/​foia/​request.htm. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)).

Comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors, Ann E. Misback, Secretary of the Board, 20th Street and Constitution Avenue NW, Washington, DC 20551–0001, not later than December 18, 2023.

A. Federal Reserve Bank of Kansas City (Jeffrey Imgarten, Assistant Vice President) One Memorial Drive, Kansas City, Missouri, 64198. Comments can also be sent electronically to: [e-mail].

1. WDCO Ventures LLC, Oklahoma City, Oklahoma; to become a bank holding company by acquiring 26 percent of the voting shares of Town & Country Bancshares, Inc., Edmond, Oklahoma, and thereby indirectly acquiring voting shares of Prism Bank, Guthrie, Oklahoma.

2. Bern Bancshares, Inc., Bern, Kansas; to acquire up to 6.83 percent of the voting shares of UBT Bancshares, Inc., and thereby indirectly acquire voting shares of United Bank & Trust, both of Marysville, Kansas.

B. Federal Reserve Bank of San Francisco: (Joseph Cuenco, Assistant Vice President, Formations, Transactions & Enforcement) 101 Market Street, San Francisco, California 94105. Comments can also be sent electronically to: [e-mail].

1. PCB Financial, Inc., Costa Mesa, California; to become a bank holding company by acquiring Northern California Bancorp, Inc., and thereby indirectly acquiring Monterey County Bank, both of Monterey, California.

Board of Governors of the Federal Reserve System.

Michele Taylor Fennell,

Deputy Associate Secretary of the Board.