Inside this issue: Action on 2 Applications for the Month News and topics of interest to financial institutions regulated by the Department of Banking and Finance January 2016 Georgia Residential Mortgage Act Fee ("GRMA") Reporting and Payment Process GRMA Per Loan Fees--The $10.00 per loan fees required by O.C.G.A. 7-1-1011(b)(2) and Department Rule 80-5-1-.04 are due no later than March 1, 2016, for mortgage loans closed during the period July 1, 2015 through December 31, 2015. To avoid fines for failure to remit GRMA fees when due, reporting and payment must be completed online at https://bkgfin.dbf.state.ga.us/GRMAFee.html by the deadlines established in Rule 80-5-1.04. Refer to the Department's Frequently Asked Questions document (http://dbf.georgia.gov/documents/grma-10-loan-fees-frequently-asked-questions) for further information about GRMA $10.00 per loan fees reporting and remittance requirements. Collecting agents submitting GRMA fees after the due date referenced above or for prior semiannual periods must complete and mail a paper form, along with their payment, to the Department. The fillable PDF form can be downloaded from https://bkgfin.dbf.state.ga.us/MortgageDocs/GRMAFeeStatement.pdf. DBF Outreach AND UPCOMING SPEAKING ENGAGEMENTS 2016 CBA Day at the Capitol--Commissioner Kevin Hagler, Deputy Commissioner for Supervision Lori Godfrey, and Deputy Commissioner for Legal Bo Fears will be attending 2016 CBA Day at the Capitol in Atlanta, Georgia, on February 17, 2016. For more information about this event, visit http://web.cbaofga.com/events/2016-CBA-Day-at-the-Capitol-21716-4220/details. Bank Directors' College at Auburn University--Commissioner Hagler will be participating in a Regulator Panel Discussion at the Bank Directors' College at Auburn University in Auburn, Alabama on February 18, 2016. For more information about this event, visit http://bdc.harbert.auburn.edu 2016 Banking Outlook Conference--Commissioner Kevin Hagler will be participating in a Regulator Panel Discussion at the 2016 Banking Outlook Conference at the Federal Reserve Bank of Atlanta. For more information about this event, visit https://www.frbatlanta.org/news/conferences/2016/0225-banking-outlook.aspx Page 2 January 2016 Action on Applications for the Month: The following is a summary of official action taken on applications by State Financial Institutions under Title 7, Chapter 1 of the O.C.G.A. and petitions for Certificate of Incorporation of Financial Institutions and other matters of interest during the month of January 2016. FINANCIAL INSTITUTION Farmers State Bank Lumpkin, GA 31815 DISSOLUTION APPROVAL DATE 07-10-2015 EFFECTIVE DATE 01-06-2016 FINANCIAL INSTITUTION Synovus Bank Columbus Hallco Community Credit Union Gainesville BRANCH OFFICES BRANCH OFFICE Jacksonville Main Branch Office 7768 Ozark Drive, Suite 100 Jacksonville, FL 32256 Duval County Flowery Branch Branch Office 4865 Hog Mountain Road Flowery Branch, GA 30542 Hall County APPROVAL BEGIN BUSINESS DATE DATE 01-28-2016 Withdrawn 01-06-2016 SunMark Community Bank Hawkinsville Durden Banking Company, Incorporated Twin City Perry Branch Office 1005 Northside Drive Perry, GA 31069 Houston County Millen Branch Office 815 Highway 25 North Millen, GA 30442 Jenkins County 01-14-2016 01-12-2016 PREVIOUS NAME Alma Exchange Bank & Trust Alma PlantersFIRST Cordele First Bank of Dalton Dalton Citizens Bank of Washington County Sandersville CHANGES IN NAME NEW NAME Pineland Bank Planters First Bank First Bank Citizens Bank of the South APPROVAL EFFECTIVE DATE DATE Pending 12-16-2015 01-01-2016 01-08-2016 01-29-2016 11-12-2015 01-01-2016 Page 3 January 2016 FINANCIAL INSTITUTION (SURVIVOR) DOCO Credit Union Albany, GA Alma Exchange Bank & Trust Alma, GA Alma Exchange Bank & Trust Alma, GA Alma Exchange Bank & Trust Alma, GA Atlanta Postal Credit Union Atlanta, GA Bank of the Ozarks Little Rock, AR Ameris Bank Moultrie, GA Fidelity Bank Norcross, GA Renasant Bank Tupelo, MS CharterBank West Point, GA FINANCIAL INSTITUTION MERGERS MERGED INSTITUTION Multiple Employee Group Federal Credit Union Thomasville, GA Peoples State Bank & Trust Baxley, GA Citizens State Bank Kingsland, GA Pineland State Bank Metter, GA Macon Water Works Credit Union Macon, GA Community & Southern Bank Atlanta, GA The Jacksonville Bank Jacksonville, FL American Enterprise Bank of Florida Jacksonville, FL KeyWorth Bank Johns Creek, GA Community Bank of the South Smyrna, GA APPROVAL DATE 11-24-2015 EFFECTIVE DATE 01-01-2016 Pending Pending Pending Pending Pending 01-20-2016 Pending Pending Pending BANK HOLDING COMPANY Southeast, LLC Atlanta, GA Bank of the Ozarks, Inc. Little Rock, AR Ameris Bancorp Moultrie, GA Vinings Bancshares, Inc. Smyrna, GA Charter Financial Corporation West Point, GA BANK HOLDING COMPANIES TO ACQUIRE Barwick Banking Company Barwick, GA Community & Southern Holdings, Inc. Atlanta, GA Jacksonville Bancorp, Inc. Jacksonville, FL Vinings Bank Smyrna, GA CBS Financial Corporation Smyrna, GA APPROVAL DATE Pending Pending 01-20-2016 01-28-2016 Pending Page 4 January 2016 Sign-up to Receive this Publication: This publication is delivered to interested parties via e-mail and is also available from the Department's website at: http://dbf.georgia.gov/ under Publications, Financial Institutions Bulletin. If you would like to be added to our distribution list, send an e-mail to dbfpress@dbf.state.ga.us stating your name and e-mail address. Please be sure to include "Subscribe to Financial Institutions Bulletin" in the Subject line. The Department is the state agency that regulates and examines Georgia state-chartered banks, state-chartered credit unions, and state-chartered trust companies. The Department also has responsibility for the supervision, regulation, and examination of Merchant Acquirer Limited Purpose Banks (MALPBs) chartered in Georgia. In addition, the Department has regulatory and/or licensing authority over mortgage brokers, lenders and processors, mortgage loan originators, check cashers, sellers-issuers of payment instruments, money transmitters, international banking organizations, and bank holding companies conducting business in Georgia. Our Mission is to promote safe, sound, competitive financial services in Georgia through innovative, responsive regulation and supervision. Our Vision is to be a willing and able partner with our regulated entities in order to support vibrant and economic growth and prosperity in Georgia. Department of Banking and Finance 2990 Brandywine Road Suite 200 Atlanta, Georgia 30341-5565 Phone: (770) 986-1633 Fax: (770) 986-1654 or 1655 http://dbf.georgia.gov/ Email: dbfpress@dbf.state.ga.us