Actions under delegated authority

AmSouth Bank, Birmingham, Alabama  -- to establish a branch at 8225 Champions Gate Boulevard, Champions Gate, Florida.
-Approved, May 9, 2006 

The Andover Bank, Andover, Ohio  -- to establish a branch at 451/455 South High Street, Cortland; and request to exceed the limit of investment in bank premises.
-Approved, May 10, 2006 

Citizens Bank and Trust Company, Blackstone, Virginia  -- to establish a branch at 622 East Atlantic Street, South Hill.
-Approved, May 9, 2006 

Comerica Bank, Detroit, Michigan  -- to establish a branch at 110 South El Camino Real, Encinitas, California.
-Approved, May 4, 2006  (AC)

Farmers and Merchants Bank of Long Beach, Long Beach, California  -- to establish branches at 501 North El Camino Real, Suite 100, San Clemente, and 2891 Park Avenue, Tustin, and to increase its investment in bank premises.
-Approved, May 11, 2006 

Fifth Third Bank, Cincinnati, Ohio  -- to establish a branch at Highland Hills Golf Club, 7455 Erie Street, Sylvania.
-Approved, May 8, 2006 

Fifth Third Bank, Cincinnati, Ohio  -- to establish a branch at 4020 Indian Road, Toledo.
-Approved, May 8, 2006 

First Option Bank, Osawatomie, Kansas  -- to retain branches at 502 Market Street, La Cygne, and 103 South Broadway, Louisburg.
-Approved, May 11, 2006 

Manufacturers and Traders Trust Company, Buffalo, New York  -- to establish a branch at 117 South 18th Street, Philadelphia, Pennsylvania.
-Approved, May 9, 2006 

Planters Bank & Trust Company of Virginia, Staunton, Virginia  -- to establish a branch at 2102 Langhorne Road, Lynchburg.
-Approved, May 11, 2006 

PointBank, Pilot Point, Texas  -- to establish a branch at 1720 Westminster Street, Denton.
-Approved, May 11, 2006 

Portage Community Bank, Ravenna, Ohio  -- to establish a branch at 1532 South Water Street, Kent.
-Approved, May 11, 2006 

SunTrust Bank, Atlanta, Georgia  -- to establish a branch at 800 43rd Avenue Southwest, Vero Beach, Florida.
-Approved, May 10, 2006 

Susquehanna Bank, Hagerstown, Maryland  -- to establish a branch at 1525 Rock Spring Road, Forest Hill.
-Approved, May 10, 2006 

Cornerstone Holding Company, Inc., Fargo, North Dakota  -- to become a bank holding company and to acquire Citizens, Incorporated, Enderlin, and thereby acquire Citizens State Bank.
-Approved, May 12, 2006 

Boardwalk Bancorp, Inc., Linwood, New Jersey  -- to become a bank holding company and to acquire Boardwalk Bank.
-Approved, May 12, 2006 

Capitol Bancorp Ltd., Lansing, Michigan, and Capitol Development Bancorp Limited IV  -- to acquire 51 percent of the shares of Sunrise Bank of Atlanta, Atlanta, Georgia, a de novo bank.
-Approved, May 12, 2006 

Capitol Bancorp, Ltd., Lansing, Michigan, and Capitol Development Bancorp Limited IV  -- to acquire 51 percent of the shares of Evansville Commerce Bank, Evansville, Indiana, a de novo bank.
-Approved, May 12, 2006 

CBT Bancorp, Inc., Trenton, Illinois  -- to become a bank holding company and to acquire Community Bank of Trenton.
-Approved, May 8, 2006 

Citizens B & T Holdings, Inc., Guntersville, Alabama  -- to become a bank holding company and to acquire Citizens Bank & Trust.
-Approved, May 10, 2006 

CSAB Holdings, LLC, Dallas, Texas  -- to acquire Parkway National Bancshares, Inc., Plano, and indirectly acquire Parkway National Bancshares of Delaware, Inc., Wilmington, Delaware, and Parkway Bank, National Association, Plano, Texas; for WCM Holdings, Inc., Dallas, and WCM-Parkway, Ltd. to become bank holding companies and to acquire CSAB Holdings, LLC, and indirectly acquire Parkway National Bancshares, Inc., Plano; Parkway National Bancshares of Delaware, Inc., Wilmington, Delaware; and Parkway Bank, National Association, Plano, Texas.
-Approved, May 10, 2006 

Docking Bancshares, Inc., Arkansas City, Kansas  -- to acquire City National Bancshares, Inc., Guymon, Oklahoma, and The City National Bank and Trust Company of Guymon.
-Approved, May 11, 2006 

First Pryor Bancorp, Inc., Pryor, Oklahoma  -- to acquire 14.29 percent of the shares of Carson River Community Bank, Minden, Nevada, a de novo bank.
-Withdrawn, May 9, 2006 

Great Financial Corporation, Miami Lakes, Florida  -- to become a bank holding company and to acquire Great Florida Bank, Miami.
-Withdrawn, May 9, 2006 

Home Valley Bancorp, Grants Pass, Oregon  -- termination of a commitment.
-Granted, May 12, 2006 

Quay Bank Corp., Albuquerque, New Mexico  -- to become a bank holding company and to acquire High Desert State Bank.
-Withdrawn, May 12, 2006 

RiverBank Holding Company, Spokane, Washington  -- to become a bank holding company and to acquire RiverBank, a de novo bank.
-Withdrawn, May 8, 2006 

S & T Bancorp, Inc., Indiana, Pennsylvania  -- to acquire up to 9.9 percent of the shares of IBT Bancorp, Inc., Irwin, and thereby acquire Irwin Bank & Trust Company.
-Approved, May 8, 2006 

North Valley Bank, Redding, California  -- to merge with NVB Business Bank, Woodland.
-Approved, May 10, 2006 

Southwest Bank of St. Louis, St. Louis, Missouri  -- to merge with Missouri State Bank and Trust Company, Clayton, and thereby establish branches at the existing locations.
-Approved, May 12, 2006 

Citizens Bank and Trust Company, Blackstone, Virginia  -- to increase its investment in bank premises.
-Approved, May 9, 2006 

Columbia Bancshares, Inc., Columbia, Illinois  -- change in bank control.
-Permitted, May 10, 2006 

First National Bancshares of Hempstead County, Hope, Arkansas  -- change in bank control.
-Permitted, May 11, 2006 

Anchor Bank Saint Paul, Saint Paul, Minnesota  -- report on competitive factors of the proposed merger with Anchor Bank, West St Paul, National Association, West Saint Paul.
-Submitted, May 9, 2006 

Berkshire Bank, Wyomissing, Pennsylvania  -- report on competitive factors of the proposed merger with Berkshire Interim Bank.
-Submitted, May 12, 2006 

Commerce Bank, National Association, Kansas City, Missouri  -- report on competitive factors of the proposed purchase of certain assets and assumption of certain liabilities of Boone National Savings and Loan, F.A., Columbia.
-Submitted, May 9, 2006 

First State Community Bank, Farmington, Missouri  -- report on competitive factors of the proposed purchase of assets and assumption of deposit liabilities of the Bonne Terre branch of Unico Bank, Irondale.
-Submitted, May 11, 2006 

First Tennessee Bank National Association Memphis, Memphis, Tennessee  -- report on competitive factors of the proposed merger with The State Bank, Rocky Ford, Colorado.
-Submitted, May 9, 2006 

The Frost National Bank, San Antonio, Texas  -- report on competitive factors of the proposed merger with Alamo Bank of Texas, Alamo.
-Submitted, May 11, 2006 

Mercantile-Safe Deposit and Trust Company, Baltimore, Maryland  -- report on competitive factors of the proposed merger with James Monroe Bank, Arlington, Virginia.
-Submitted, May 10, 2006 

MidCountry Bank, Metropolis, Illinois  -- report on competitive factors of the proposed merger with South Pointe Bank, Marion.
-Submitted, May 9, 2006 

Orange Community Bank, Orange, California  -- report on competitive factors of the proposed merger with OCB Merger Company.
-Submitted, May 8, 2006 

The Stillwater National Bank and Trust Company, Stillwater, Oklahoma  -- report on competitive factors of the proposed merger with McMullen Bank, Tilden, Texas.
-Submitted, May 9, 2006 

ViewPoint Bank, Plano, Texas  -- report on competitive factors of the proposed reorganization into a three-tiered mutual holding company structure through an interim merger with ViewPoint MHC and ViewPoint Financial Group, Inc., which would own ViewPoint Bank, a federal savings bank.
-Submitted, May 11, 2006 

First Banks, Inc., Hazelwood, Missouri  -- extension to August 7, 2006, to acquire an additional 10.09 percent, for total control of 24.99 percent, of the shares of Community West Bancshares, Goleta, California, and thereby acquire Community West Bank, National Association.
-Granted, May 8, 2006 

Park Avenue Bancorp, Inc., New York, New York  -- extension to July 14, 2006, to become a bank holding company and to acquire 80.1 percent of the shares of Park Avenue Bank.
-Granted, May 12, 2006 

Pilot Bank, Tampa, Florida  -- extension to May 11, 2007, to establish a branch at 439 South Florida Avenue, Lakeland.
-Granted, May 11, 2006 

Wintrust Financial Corporation, Lake Forest, Illinois  -- extension to August 24, 2006, to acquire Hinsbrook Bancshares, Inc., Willowbrook, and thereby acquire Hinsbrook Bank and Trust.
-Granted, May 8, 2006 

Docking Bancshares, Inc., Arkansas City, Kansas  -- election to become a financial holding company.
-Effective, May 10, 2006 

Palmetto Heritage Bancshares, Inc., Pawleys Island, South Carolina  -- election to become a financial holding company.
-Effective, May 8, 2006 

Reliable Community Bancshares, Inc., Perryville, Missouri  -- election to become a financial holding company.
-Effective, May 11, 2006 

Viking State Bank & Trust, Decorah, Iowa  -- to become a member of the Federal Reserve System.
-Approved, May 9, 2006 

Waukon State Bank, Waukon, Iowa  -- to become a member of the Federal Reserve System.
-Approved, May 9, 2006 

Short-term Interest Rates  -- increase in the target for the federal funds rate from 4-3/4 percent to 5 percent.
-Approved, May 10, 2006