Notice2025-20196

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Primary source

Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published
November 18, 2025

Issuing agencies

Federal Reserve System

Full Text

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<title>Federal Register, Volume 90 Issue 220 (Tuesday, November 18, 2025)</title>
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[Federal Register Volume 90, Number 220 (Tuesday, November 18, 2025)]
[Notices]
[Page 51763]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-20196]



[[Page 51763]]

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FEDERAL RESERVE SYSTEM


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 <a href="https://www.federalreserve.gov/foia/request.htm">https://www.federalreserve.gov/foia/request.htm</a>. 
Interested persons may express their views in writing on the standards 
enumerated in the BHC Act (12 U.S.C. 1842(c)).
    Comments received are subject to public disclosure. In general, 
comments received will be made available without change and will not be 
modified to remove personal or business information including 
confidential, contact, or other identifying information. Comments 
should not include any information such as confidential information 
that would not be appropriate for public disclosure.
    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, 2025.
    A. Federal Reserve Bank of Atlanta (Erien O. Terry, Assistant Vice 
President) 1000 Peachtree Street NE, Atlanta, Georgia 30309. Comments 
can also be sent electronically to <a href="/cdn-cgi/l/email-protection#1a5b6a6a7673797b6e7375746934597577777f746e695a7b6e76347c68783475687d"><span class="__cf_email__" data-cfemail="9cddececf0f5fffde8f5f3f2efb2dff3f1f1f9f2e8efdcfde8f0b2faeefeb2f3eefb">[email&#160;protected]</span></a>:
    1. SB Financial, Inc., Mount Juliet, Tennessee; to become a bank 
holding company by acquiring Southern Bank of Tennessee, Mount Juliet, 
Tennessee.
    B. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414. 
Comments can also be sent electronically to 
<a href="/cdn-cgi/l/email-protection#73301c1e1e161d07005d1203031f1a1012071a1c1d0033101b1a5d1501115d1c0114"><span class="__cf_email__" data-cfemail="72311d1f1f171c06015c1302021e1b1113061b1d1c0132111a1b5c1400105c1d0015">[email&#160;protected]</span></a>:
    1. Horicon Bank Profit Sharing and Employee Stock Ownership Plan, 
Horicon, Wisconsin; to become a bank holding company by acquiring 25.85 
percent of the voting shares of Sword Financial Corporation, and 
thereby indirectly acquiring voting shares of Horicon Bank, both of 
Horicon, Wisconsin.
    C. Federal Reserve Bank of St. Louis (Holly A. Rieser, Senior 
Manager) P.O. Box 442, St. Louis, Missouri 63166-2034. Comments can 
also be sent electronically to <a href="/cdn-cgi/l/email-protection#1655797b7b73786265387766667a7f7577627f7978655665627a653870647438796471"><span class="__cf_email__" data-cfemail="591a3634343c372d2a7738292935303a382d3036372a192a2d352a773f2b3b77362b3e">[email&#160;protected]</span></a>:
    1. Bradford Bancorp, Inc., Greenville, Illinois; to acquire State 
Bank of St. Jacob, St. Jacob, Illinois.
    D. Federal Reserve Bank of Kansas City (Jeffrey Imgarten, Assistant 
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001. 
Comments can also be sent electronically to 
<a href="/cdn-cgi/l/email-protection#8cc7cfcdfcfce0e5efedf8e5e3e2cfe3e1e1e9e2f8ffcce7efa2eafeeea2e3feeb"><span class="__cf_email__" data-cfemail="e4afa7a59494888d8785908d8b8aa78b8989818a9097a48f87ca829686ca8b9683">[email&#160;protected]</span></a>:
    1. Baldwin Bancshares, Inc. Baldwin City, Kansas; to become a bank 
holding company by acquiring The Baldwin State Bank, Baldwin City, 
Kansas.

    Board of Governors of the Federal Reserve System.
Erin Cayce,
Assistant Secretary of the Board.
[FR Doc. 2025-20196 Filed 11-17-25; 8:45 am]
BILLING CODE P


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Indexed from Federal Register on November 18, 2025.

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