Actions under delegated authority

Actions taken during the week ending April 7, 2012

Bank Branches, Domestic

Chicago

Northbrook Bank & Trust Company, Northbrook, Illinois -- to establish a branch at 70 West Madison Street, Chicago.
-Approved, April 5, 2012

Bank Holding Companies

San Francisco

Carpenter Fund Manager GP, LLC, Irvine, California; Carpenter Fund Management Company, LLC; Carpenter Community Bancfund, L.P.; Carpenter Community BancFund -A, L.P.; Carpenter Community BancFund - CA, L.P.; SCJ, Inc.; and CCFW, Inc. -- to acquire shares of Pacific Mercantile Bancorp, Costa Mesa, and indirectly Pacific Mercantile Bank.
-Approved, April 5, 2012

Chicago

First Farmers Financial Corporation, Converse, Indiana -- waiver of application to merge with First Citizens of Paris, Inc., Paris, Illinois, in connection with the merger of their respective subsidiary banks, First Farmers Bank & Trust, Converse, Indiana, and Citizens National Bank of Paris, Paris, Illinois.
-Granted, April 2, 2012

Richmond

First Palmetto Financial Corporation, Camden, South Carolina -- to become a bank holding company on conversion of First Palmetto Savings Bank, F.S.B, Camden, to a state-chartered commercial bank.
-Approved, April 3, 2012

St. Louis

The McGehee Bank Employee Stock Ownership Plan, McGehee, Arkansas -- to increase its ownership of Southeast Financial Bankstock Corporation, McGehee, and thereby increase its indirect control of McGehee Bank.
-Approved, April 4, 2012

Bank Mergers

Kansas City

ANB Bank, Denver, Colorado -- to merge with Premier Bank, Lenexa, Kansas, and thereby establish branches in Lenexa; Overland Park; Kansas City, Missouri; and Chesterfield.
-Approved, April 6, 2012

Richmond

First Federal Savings and Loan Association of Charleston, Charleston, South Carolina -- to acquire certain assets and assume certain liabilities of the South Carolina branches of Liberty Savings Bank, F.S.B., Wilmington, Ohio.
-Approved, April 4, 2012

Change in Bank Control

Cleveland

FC Banc Corp, Bucyrus, Ohio -- change in bank control of FC Banc Corp and its subsidiary bank, The Farmers Citizens Bank, Bucyrus.
-Permitted, April 6, 2012

New York

IA Bancorp, Inc., Iselin, New Jersey -- change in bank control of IA Bancorp and its subsidiary bank, Indus American Bank, Iselin.
-Permitted, April 5, 2012

Extensions of Time

New York

The Adirondack Trust Company Employee Stock Ownership Trust, Saratoga Springs, New York -- extension to July 18, 2012, to acquire additional shares of 473 Broadway Holding Corporation, Saratoga Springs, and of The Adirondack Trust Company.
-Granted, April 5, 2012

Membership

Atlanta

The Community Bank of East Tennessee, Clinton, Tennessee -- to become a member of the Federal Reserve System.
-Approved, April 5, 2012

Regulations and Policies

FOMC

Federal Open Market Committee -- minutes of the meeting on March 13, 2012.
-Published, April 3, 2012