The Federal Home Loan Bank of Chicago reported fourth quarter earnings of $134 million compared to $88 million in 2021. FHLB Chicago reported earnings for the full year of $415 million compared to $275 million in 2021. FHLB Chicago had $126.9 billion in assets at the end of the fourth quarter compared to $97.0 billion … Read more
Custodia Bank, Inc., Cheyenne, Wyo., was denied its request for reconsideration of its application to become a member of the Federal Reserve System. FS Bancshares, Inc., Markesan, Wis., granted a waiver from filing a section 3 application pursuant to section 225.12(d)(2) of Regulation Y to acquire Farmers and Merchants Bank of Kendall, Wis. University Bancorp, … Read more
FSB Financial Services, Inc., Waterloo, Iowa, authorized to acquire shares of Scenic Community Bancshares Corporation and thereby acquire shares of Iowa Falls State Bank, both of Iowa Falls, Iowa. Scenic Community Bancshares Corporation, Iowa Falls, Iowa, authorized to become a bank holding company by acquiring Iowa Falls State Bank, Iowa Falls, Iowa. Bank of Commerce, … Read more
Fisher Bancorp, Inc., Fisher, Ill., authorized to merge with Butler Point, Inc., and thereby acquire Catlin Bank, both of Catlin. Commerce Bank, Kansas City, Mo., filed to establish a branch in Naples, Fla . . . This content is only accessible to members with a current subscription. If you are a subscriber but don’t have online … Read more
Midland States Bank, Effingham, Ill., authorized to establish a branch in Sterling, Ill. FSB Holdings, Inc., Auburn Hills, Mich., filed to become a bank holding company by acquiring Freeland State Bank, Freeland, Mich. Washington State Bank, Pella, Iowa, filed to establish a branch located in Pella. The Central Trust Bank, Jefferson City, Mo., filed to … Read more
Alerus Financial, Grand Forks, N.D., reported fourth quarter earnings of $10.9 million or 53 cents per share compared to $12.7 million or 72 cents per share in 2021. The company reported earnings for the full year of $40.0 million or $2.10 per share compared with $52.7 million or $2.97 per share in 2021. Alpine Banks … Read more
Custodia Bank, Inc., Cheyenne, Wyo., application to become a member of the Federal Reserve System denied. Citizens Bancorp, Inc., Cadott, Wis., authorized to acquire Community Financial Bank, Prentice, Wis . . . This content is only accessible to members with a current subscription. If you are a subscriber but don’t have online access, please contact us … Read more
Lake City Bank, Warsaw, Ind., authorized to establish a branch in Indianapolis. Bison Bancshares, Inc., Bison, Kan., authorized to become a bank holding company by acquiring Bison State Bank, Bison. Encore Bank, Little Rock, Ark., filed to establish a branch in Denver. Midland States Bank, Effingham, Ill., filed to establish a branch in Sterling, Ill. … Read more
Legacy Bank & Trust Company, Mountain Grove, Mo., authorized to establish a branch in Plano and Dallas, Texas. Brookfield Bancshares, Inc., Brookfield, Ill., filed to become a bank holding company by acquiring First National Bank of Brookfield. James A. Babcock Revocable Trust, Elk River, Minn., and others, filed to acquire 25 percent or more of … Read more
Legacy Bank & Trust Company, Mountain Grove, Mo., authorized to establish a branch in Tulsa, Okla. Savanna-Thomson Investment, Inc., Savanna, Ill., authorized to merge with Maximum Bancshares, Inc., and thereby acquire Fidelity Bank, both of West Des Moines, Iowa. Bradford Bancorp, Inc., Greenville, Ill., authorized to merge with Community Bancshares, Inc., and thereby acquire Community … Read more