Notice of Change in Control
of a Bank Holding Company
Tuesday, October 02, 2012 5:53 AM
The Family Trust under the Last Will and Testament of Charles M. Johnson, Sr. dated March 13, 2007 (the "Trust") and Charles M. Johnson, Jr., individually and as trustee of the Trust, intend to apply to the Federal Reserve Board for permission to acquire 25 percent or more of the shares and thereby control of Johnson Bancshares, Inc., Chatfield, Minnesota. Johnson Bancshares, Inc. controls Root River State Bank, Chatfield, Minnesota. The Federal Reserve considers a number of factors in deciding whether to approve the notice.
You are invited to submit comments in writing on this notice to the Federal Reserve Bank of Minneapolis, 90 Hennepin Avenue, Minneapolis, MN 55401. The comment period will not end before October 23, 2012, and may be somewhat longer. The Board's procedures for processing applications may be found at 12 C.F.R. Part 262.25. To obtain a copy of the Federal Reserve Board's procedures, or if you need more information about how to submit your comments on the notice, contact Jacqueline G. King, Assistant Vice President and Community Development Officer, at (612) 204-5470. The Federal Reserve will consider your comments and any request for a public meeting or formal hearing on the notice if they are received in writing by the Reserve Bank on or before the last day of the comment period. 5057469