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

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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 applications listed below, as well as other related filings required by the Board, are available for immediate inspection at the Federal Reserve Bank indicated. The applications will also be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the standards in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will be conducted throughout the United States.

Unless otherwise noted, comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than October 13, 2016.

A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:

1. Arbor Bancorp, Inc., Ann Arbor, Michigan; to merge with Birmingham Bloomfield Bancshares, Inc., and thereby indirectly acquire Bank of Birmingham, both in Birmingham, Michigan.

2. Sullivan Bancshares, Inc., Sullivan, Illinois; to merge with Moultrie Bancorp, Inc., and thereby indirectly acquire Hardware State Bank, both in Lovington, Illinois.

3. Sullivan BancShares, Inc. Employee Savings & Retirement Plan, Sullivan, Illinois; to become a bank holding company by acquiring up to 32.90 percent of Sullivan Bancshares, Inc., and thereby acquire shares of First National Bank of Sullivan, both in Sullivan, Illinois, and Hardware State Bank, Lovington, Illinois.

B. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:

1. Durant Bancorp, Inc., Durant, Oklahoma; to acquire 100 percent of the voting shares of North American Bancshares, Inc., Sherman, Texas, and thereby indirectly acquire the American Bank of Texas, Sherman, Texas.

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Board of Governors of the Federal Reserve System, September 13, 2016.

Michele T. Fennell,

Assistant Secretary of the Board.

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[FR Doc. 2016-22383 Filed 9-16-16; 8:45 am]