FRB: H.2--Actions under delegated authority--Week ending February 23, 2008

American Heritage Bank, Sapulpa, Oklahoma -- to establish a branch at State Highway 117 (West 121st Street South) and South Vancouver Avenue, Glenpool.
-Approved, February 19, 2008

Bank Holding Companies

ColoEast Bankshares, Inc., Lamar, Colorado -- waiver of application to acquire Eagle Banks, Inc., Stratton, in connection with the merger of their respective subsidiaries, Colorado East Bank & Trust, Lamar, and The First National Bank of Stratton, Stratton.
-Granted, February 21, 2008

Community State Bankshares, Inc., Lamar, Colorado -- to become a bank holding company and to acquire Community State Bank (in organization).
-Approved, February 22, 2008

First Farmers & Merchants Corporation, Columbia, Tennessee -- to retain Maury Tenn Properties, Inc. and thereby continue engaging in making, acquiring, or brokering loans or other extensions of credit.
-Approved, February 19, 2008

Heartland Financial USA, Inc., Dubuque, Iowa -- to acquire shares of Minnesota Bank & Trust (in organization), Edina, Minnesota.
-Approved, February 22, 2008

Metropolitan BancGroup, Inc., Ridgeland, Mississippi -- waiver of application to acquire PrimeTrust Bank, Nashville, Tennessee, in connection with the merger of PrimeTrust Bank with and into Metropolitan BancGroup's subsidiary, Metropolitan Bank (as successor to Bank of the South), Ridgeland, Mississippi.
-Granted, February 21, 2008

South Central Bancorp, Inc., Kinmundy, Illinois -- to become a bank holding company and to acquire The First National Bank of Kinmundy.
-Approved, February 22, 2008

TG Bancshares, Inc., Table Grove, Illinois -- to become a bank holding company and to acquire Table Grove State Bank.
-Approved, February 15, 2008 (AC)

Change In Bank Control

Sierra Bancorp, Porterville, California -- change in bank control of Bancorp and its subsidiary bank, Bank of the Sierra.
-Permitted, February 22, 2008

Extensions Of Time

C-B-G, Inc., West Liberty, Iowa -- extension to May 24, 2008, to acquire additional shares of Washington Bancorp, Washington, and thereby increase its interest in Bancorp's subsidiary, Federation Bank.
-Granted, February 20, 2008

PB Financial Corporation, Colleyville, Texas -- extension to April 11, 2008, to become a bank holding company and to acquire Peoples Bank.
-Granted, February 21, 2008

Membership

Union Bank, National Association, Oklahoma City, Oklahoma -- to retain membership in the Federal Reserve System on conversion from a national to a state charter.
-Approved, February 22, 2008

Regulations And Policies

Federal Open Market Committee -- minutes of the meeting on January 29-30 and of the conference calls held on January 9 and 21, 2008.
-Published, February 20, 2008

Actions under delegated authority

Actions taken during the week ending February 23, 2008

Bank Branches, Domestic

Bank Holding Companies

Change In Bank Control

Extensions Of Time

Membership

Regulations And Policies