[Federal Register Volume 81, Number 71 (Wednesday, April 13, 2016)]
[Notices]
[Page 21870]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-08461]


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FEDERAL RESERVE SYSTEM


Change in Bank Control Notices; Acquisitions of Shares of a Bank 
or Bank Holding Company

    The notificants listed below have applied under the Change in Bank 
Control Act (12 U.S.C. 1817(j)) and Sec.  225.41 of the Board's 
Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank 
holding company. The factors that are considered in acting on the 
notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
    The notices are available for immediate inspection at the Federal 
Reserve Bank indicated. The notices also will be available for 
inspection at the offices of the Board of Governors. Interested persons 
may express their views in writing to the Reserve Bank indicated for 
that notice or to the offices of the Board of Governors. Comments must 
be received not later than April 28, 2016.
    A. Federal Reserve Bank of St. Louis (David L. Hubbard, Senior 
Manager) P.O. Box 442, St. Louis, Missouri 63166-2034. Comments can 
also be sent electronically to [email protected]:
    1. Jeffery F. Teague and Sarah Shell Teague, as co-trustees of the 
Jeffrey F. Teague and Sarah Shell Teague Joint Revocable Trust; Susan 
Shell Allison, individually, and as trustee of the Susan Allison 
Testamentary Trust, with power to vote shares owned by her two minor 
children, all of Benton, Arkansas; Joseph Shell, individually, and as 
trustee of the Joe Shell Testamentary Trust, with power to vote shares 
owned by the Hanna Shell Irrevocable Trust, and by his minor child, all 
of Batesville, Arkansas; Jay Shell, with power to vote shares held by 
Carolyn Southerland Shell Testamentary Trust and by High Point Farms; 
Jayme Shell; Jessica Shell; Mary K. Shell, all of Batesville, Arkansas; 
and John Allison, and Anna Allison, both of Benton, Arkansas; all as 
members of the Allison-Shell-Teague family control group; to acquire 
voting shares of Citizens Bancshares of Batesville, Inc., and thereby 
indirectly acquire voting shares of The Citizens Bank, both in 
Batesville, Arkansas.
    B. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, 
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. The Philip Ray Forstrom 2012 Irrevocable Trust [SLAT-1] under 
agreement dated December 6, 2012; Marsha Ann Forstrom, as co-trustee 
and individually, and Perry Forstrom, co-trustee; and the Marsha Ann 
Forstrom 2012 Irrevocable Trust [SLAT-1] under agreement dated December 
26, 2012; Philip R. Forstrom, all of Henderson, Nevada, and John 
Forstrom, Independence, Minnesota, co-trustees, all as members of the 
Forstrom family shareholder group; to retain voting shares of Forstrom 
Bancorporation, Inc., and thereby indirectly retain voting shares of 
Citizens Alliance Bank, both in Clara City, Minnesota, and First Bank 
of Lincoln, Lincoln, Montana.

    Board of Governors of the Federal Reserve System, April 8, 2016.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2016-08461 Filed 4-12-16; 8:45 am]
 BILLING CODE 6210-01-P