Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

Actions under delegated authority

Actions taken during the week ending August 19, 2006


Bank Branches, Domestic

Kansas City
1st Financial Bank, Overland Park, Kansas  -- to establish a branch at 19310 Midland Drive, Shawnee.
-Approved, August 18, 2006 

New York
Banco Popular North America, New York, New York  -- to establish a branch at 9600 West Bryn Mawr, Rosemont, Illinois.
-Approved, August 15, 2006 

Minneapolis
Dacotah Bank, Aberdeen, South Dakota  -- to establish a branch at 35 South Sixth Street, Custer.
-Approved, August 15, 2006 

Cleveland
Fifth Third Bank, Grand Rapids, Michigan  -- to establish a branch at 2250 66th Street North, St. Petersburg, Florida.
-Approved, August 15, 2006 

San Francisco
Hanmi Bank, Los Angeles, California  -- to establish a branch at 5245 Beach Boulevard, Buena Park.
-Approved, August 14, 2006 

San Francisco
Hanmi Bank, Los Angeles, California  -- to establish a branch at 18399 East Colima Road, Rowland Heights.
-Approved, August 18, 2006 

Chicago
M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin  -- to establish a branch at 18157 Carson Street, Elk River, Minnesota.
-Approved, August 16, 2006 

Secretary
SunTrust Bank, Atlanta, Georgia  -- to establish a branch at 15225 Collier Boulevard, Naples, Florida.
-Approved, August 17, 2006 

Kansas City
Union Colony Bank, Greeley, Colorado  -- to establish a branch at 2205 1st Avenue.
-Withdrawn, August 17, 2006 

Bank Holding Companies

Secretary
Bryan-Heritage Limited Partnership, Bryan, Texas, and Bryan Family Management Trust  -- to acquire additional shares of The First National Bank of Bryan, for a total ownership interest of 38.8 percent.
-Approved, August 14, 2006 

St. Louis
First Banks, Inc., Hazelwood, Missouri, and The San Francisco Company, San Francisco, California  -- to acquire TeamCo, Inc., Oak Lawn, Illinois, and Oak Lawn Bank; and for First Bank, St. Louis, Missouri, to merge with Oak Lawn Bank and thereby establish branches.
-Approved, August 16, 2006 

Atlanta
Florida Gulf Bancorp, Inc., Fort Myers, Florida  -- to become a bank holding company and to acquire Florida Gulf Bank.
-Approved, August 18, 2006 

Atlanta
Georgia Commerce Bancshares, Inc., Atlanta, Georgia  -- relief from a commitment.
-Granted, August 18, 2006 

New York
HSBC Holdings plc, London, United Kingdom; HSBC Overseas Holdings (UK) Limited; HSBC North America Inc., Buffalo, New York; HSBC Investments (North America) Inc., Wilmington, Delaware; HSBC North America Holdings Inc., Prospect Heights, Illinois; and HSBC USA Inc., New York, New York  -- to acquire a full-service bank by establishing HSBC National Bank USA, Bethesda, Maryland.
-Approved, August 18, 2006 

New York
Kookmin Bank, Seoul, Korea  -- to acquire an interest in Korea Exchange Bank and thereby engage in its U.S. nonbanking activities.
-Approved, August 15, 2006 

Minneapolis
Minnesota Bancshares, Inc., Maple Grove, Minnesota  -- to become a bank holding company and to acquire Heron Lake State Bank, Heron Lake, and Heron Lake Agency, Inc., and thereby engage in insurance agency activities in a town with a population not exceeding 5,000.
-Approved, August 18, 2006 

Chicago
Pedcor Capital, LLC, Carmel, Indiana  -- to become a bank holding company and to acquire Pedcor Bancorp and thereby acquire International City Bank, N.A., Long Beach, California; and election to become a financial holding company.
-Approved, August 18, 2006 

Atlanta
Pinnacle Bank Holding Company, Inc., Orange City, Florida  -- to become a bank holding company and to acquire Pinnacle Bank.
-Approved, August 18, 2006 

Secretary
Republic Bancorp, Inc., Louisville, Kentucky  -- to acquire GulfStream Community Bank, Port Richey, Florida, and thereby engage in operating a savings association.
-Approved, August 14, 2006 

Atlanta
Superior Bancorp, Birmingham, Alabama  -- waiver of application for the merger and acquisition of Kensington Bankshares, Inc., Tampa, Florida, and First Kensington Bank in connection with the merger of First Kensington Bank and Superior Bancorp's thrift subsidiary, Superior Bank, Birmingham, Alabama.
-Granted, August 18, 2006 

Banks, Foreign

Director, BS&R
The International Commercial Bank of China Co., Ltd., Taipei, Taiwan  -- to establish branches in Los Angeles, California, San Jose, and New York, New York.
-Approved, August 18, 2006 

Director, BS&R
Taiwan Cooperative Bank, Taipei, Taiwan  -- to establish branches in Los Angeles, California, and Seattle, Washington.
-Approved, August 15, 2006 

Banks, State Member

General Counsel
Farmers and Merchants Bank of Long Beach, Long Beach, California  -- request for an exemption under the Depository Institution Management Interlocks Act and Regulation L.
-Granted, August 14, 2006 

Competitive Factors Reports

Kansas City
Bank of Kansas City, National Association, Overland Park, Kansas  -- report on competitive factors of the proposed merger with State Bank of Colony, Colony.
-Submitted, August 14, 2006 

Atlanta
The Farmers Bank, Portland, Tennessee  -- report on competitive factors of the proposed purchase of certain assets and assumption of deposit liabilities of the Westmoreland branch of Peoples State Bank of Commerce, Nolensville.
-Submitted, August 14, 2006 

Dallas
First Bank of West Texas, Coahoma, Texas  -- report on competitive factors of the proposed acquisition of the South Scurry Street, Big Spring branch of Western National Bank.
-Submitted, August 16, 2006 

Minneapolis
The First National Bank of Morgan, Morgan, Utah  -- report on competitive factors of the proposed merger with New First National Bank of Morgan.
-Submitted, August 16, 2006 

Philadelphia
Graystone Bank, Lancaster, Pennsylvania  -- report on competitive factors of the proposed merger with Graystone Interim Bank.
-Submitted, August 16, 2006 

Atlanta
Peoples State Bank of Commerce, Nolensville, Tennessee  -- report on competitive factors of the proposed purchase of certain assets and assumption of deposit liabilities of the Hartsville, Westmoreland, Spring City, South Pittsburg, Whitewell, and Jasper branches of AmSouth Bank, Birmingham, Alabama.
-Submitted, August 14, 2006 

Extensions Of Time

Atlanta
Compass Bank, Birmingham, Alabama  -- extension to August 30, 2007, to establish a branch at 2780 West Peoria Avenue, Phoenix, Arizona.
-Granted, August 15, 2006 

Atlanta
First Commercial Bank of Florida, Orlando, Florida  -- extension to August 19, 2007, to establish a branch at 10222 East Colonial Drive.
-Granted, August 16, 2006 

Richmond
Potomac Bank of Virginia, Fairfax, Virginia  -- extension to April 5, 2007, to establish a branch at Land Unit 2 Riverside Parkway, Loudoun County.
-Granted, August 17, 2006 

Cleveland
Sky Financial Group, Inc., Bowling Green, Ohio  -- extension to November 16, 2006, to acquire Waterfield Mortgage Company, Inc., Fort Wayne, Indiana, and its thrift subsidiary, Union Federal Bank of Indianapolis, Indianapolis.
-Granted, August 16, 2006 

Financial Holding Companies

San Francisco
Vineyard National Bancorp, Corona, California  -- election to become a financial holding company.
-Effective, August 18, 2006 

International Operations

Director, BS&R
SunTrust Banks, Inc., Atlanta, Georgia; SunTrust Bank, SunTrust International Banking Company, and SunTrust Asia, Ltd., Hong Kong  -- relief from a commitment.
-Granted, August 15, 2006 

Membership

St. Louis
Bank of Mountain View, Mountain View, Arkansas  -- to become a member of the Federal Reserve System.
-Approved, August 15, 2006 


Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco