2015-27982. Formations of, Acquisitions by, and Mergers of Bank Holding Companies  

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    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 se.) (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 November 27, 2015.

    A. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:

    1. Citizens National Corporation, Winchester, Kentucky; to acquire 100 percent of the voting shares of Alliance Banking Company, Winchester, Kentucky.

    B. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:

    1. Park Sterling Corporation, Charlotte, North Carolina; to acquire 100 percent of the voting shares of First Capital Bancorp, Inc., and thereby indirectly acquire First Capital Bank, both in Glen Allen, Virginia.

    C. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:

    1. Community Financial Corp., Edgewood, Iowa; to acquire 100 percent of Linn County State Bank, Coggon, Iowa.

    D. Federal Reserve Bank of St. Louis (Yvonne Sparks, Community Development Officer) P.O. Box 442, St. Louis, Missouri 63166-2034:

    1. Citizens Bancshares of Batesville, Inc., Batesville, Arkansas; to acquire 100 percent of Parkway Bank, Rogers, Arkansas.

    E. Federal Reserve Bank of Dallas (Robert L. Triplett III, Senior Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:

    1. Normangee Bancshares, Inc., Normangee, Texas; to become a bank holding company by acquiring 100 percent of Normangee State Bank, Normangee, Texas.

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    Board of Governors of the Federal Reserve System, October 29, 2015.

    Michael J. Lewandowski,

    Associate Secretary of the Board.

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    [FR Doc. 2015-27982 Filed 11-2-15; 8:45 am]

    BILLING CODE 6210-01-P

Document Information

Published:
11/03/2015
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
2015-27982
Pages:
67740-67740 (1 pages)
PDF File:
2015-27982.pdf