Federal Reserve Board: H.2 Release for Week Ending May 7, 2016; H.4.1 Release (Balance Sheet) for Week Ending May 12, 2016

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 May 7, 2016, is below.

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

Category Action Taken
Bank Branches, Domestic Origin Bank, Choudrant, Louisiana — to establish a branch at 2049 West Gray Street, Houston, Texas, and a mobile branch to serve Harris County, Texas.

-Approved, May 4, 2016




Bank Holding Companies Republic Bancorp, Inc., Louisville, Kentucky — to merge with Cornerstone Bancorp, Inc., St. Petersburg, Florida, and thereby indirectly acquire Cornerstone Community Bank.

-Approved, May 2, 2016


Personnel Division of Banking Supervision and Regulation — appointment of James Ray Diggs as assistant director.

-Announced, May 5, 2016


Regulations and Policies Regulation WW (Liquidity Risk Measurement Standards) — publication for comment of interagency proposed rule to implement a stable funding requirement, the net stable funding ratio, for large and internationally active banking organizations.

-Approved, May 3, 2016


Regulations Q, WW, and YY — publication for comment of proposed rule to implement restrictions on qualified financial contracts of systemically important U.S. banking organizations and the U.S. operations of systemically important foreign banking organizations.

-Approved, May 3, 2016


Enforcement Farmers & Merchants Bank of Ashland, Ashland, Nebraska — issuance of a consent order of assessment of a civil money penalty.

-Announced, May 3, 2016

First Mutual of Richmond, Inc., Richmond, Indiana, and Richmond Mutual Bancorporation, Inc. — written agreement dated June 29, 2012, terminated April 28, 2016.

-Announced, May 3, 2016


Federal Reserve Board: Balance Sheet (H.4.1 Release)

The Board publishes data of factors affecting reserve balances. The digest is called the H.4.1 Release, and they are published every Thursday (or the next business day if the publication date falls on a federal holiday). The release for May 12, 2016, is below.

[Note: The blog will cover the line titled “Total Factors Supplying Reserve Funds.”]

H.4.1 Release–Factors Affecting Reserve Balances

Total factors supplying reserve funds (as of May 11, 2016): $4,524,027 (in millions of dollars). (On September 26, 2007, this amount was $900,473 (in millions of dollars)).

(See the release for further information.)