Federal Reserve Board: H.2 Release for Week Ending June 13, 2015

The Federal Reserve Board (Board) publishes a weekly digest of its activities on its website. The digest is called the H.2 Release and is published every Thursday. The release for the week ending June 13, 2015 is below.

H.2 Release–Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received

Category Action Taken
Change in bank control First Mazon Bancorp, Inc., Mazon, Illinois — change in bank control of First Mazon Bancorp and its subsidiary, Mazon State Bank, Mazon.

-Permitted, June 11, 2015

Forms Forms — initial Board review to extend without revision the Notice of Mutual Holding Company Reorganization (Form 1522), Application for Approval of a Minority Stock Issuance by a Savings Association Subsidiary of a Mutual Holding Company (FormĀ 1523), Application for Conversion (Form 1680), Proxy Statement (Form 1681), Offering Circular (Form 1682), Order Form (Form 1683), and Savings and Loan Holding Company Application (Form H-(e)).

-Proposed, June 7, 2015

Forms — final Board review to extend with revision the Consolidated Financial Statements for Holding Companies (FR Y-9C), Parent Company Only Financial Statements for Large Holding Companies (FR Y-9LP), and Parent Company Only Financial Statements for Small Holding Companies (FR Y-9SP).

-Approved, June 11, 2015

Forms — initial Board review to extend without revision the Recordkeeping Requirements Associated with the Guidance on Sound Incentive Compensation Policies (FR 4027) and Guidance on Managing Compliance and Reputation Risks for Reverse Mortgage Products (FR 4029).

-Proposed, June 11, 2015

Forms — initial Board review to extend with revisionĀ the Annual Company-Run Stress Test Report for $10 billion to $50 billion companies (FR Y-16).

-Proposed, June 11, 2015

Personnel Office of Inspector General — appointment of Peter Sheridan as assistant inspector general.

-Approved, June 8, 2015

Regulations and policies Regulatory Capital Rules — final interagency amendments to clarify, correct, and update aspects of the regulatory capital framework applicable to banking organizations that are subject to the advanced approaches risk-based capital rule.

-Approved, June 11, 2015

Enforcement First Utah Bank, Salt Lake City, Utah — written agreement issued September 23, 2009, terminated June 2, 2015.

-Announced, June 9, 2015

MNB Holdings Corporation, San Francisco, California — written agreement issued August 23, 2012, terminated June 8, 2015.

-Announced, June 11, 2015

Oregon Pacific Bancorp, Florence, Oregon, and Oregon Pacific Bank — written agreement issued July 23, 2010, terminated June 8, 2015.

-Announced, June 11, 2015

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