FRB: H.2--Actions under delegated authority--Week ending June 24, 2006

Banco Popular North America, New York, New York -- to establish a branch at 1221 Brickell Avenue, Miami, Florida.
-Approved, June 23, 2006

Chemical Bank, Midland, Michigan -- to establish a branch at 407 East Main Street, Niles.
-Approved, June 20, 2006

Patriot Bank, Millington, Tennessee -- to establish a branch near the intersection of Munford Atoka Avenue and Highway 51 South, Atoka.
-Approved, June 19, 2006

PlainsCapital Bank, Lubbock, Texas -- to establish a branch at 1001 Santa Fe Drive, Weatherford.
-Approved, June 21, 2006

Susquehanna Bank, Hagerstown, Maryland -- to establish a branch at the intersection of Route 140 and Englar Road, Westminster.
-Approved, June 21, 2006

The Farmers Citizens Bank, Bucyrus, Ohio -- to establish a branch at 5858 North High Street, Worthington.
-Approved, June 22, 2006

Truman Bank, St. Louis, Missouri -- to establish a branch at 8151 Clayton Road, and to relocate the main office to the corner of Manchester and Hanley Roads, Brentwood.
-Approved, June 23, 2006

Bank Holding Companies

Apple Financial Holdings, Inc., New York, New York -- to acquire Apple Bank for Savings, Manhasset.
-Approved, June 23, 2006

Bank of the Carolinas Corporation, Mocksville, North Carolina -- to become a bank holding company and to acquire Bank of the Carolinas.
-Approved, June 22, 2006

Carver Bancorp, Inc., New York, New York -- waiver of application in connection with the acquisition of Community Capital Bank, Brooklyn.
-Granted, June 23, 2006

Cass Information Systems, Inc., Bridgeton, Missouri -- to acquire NTransit, Inc., Wellington, Kansas, and thereby engage in data processing activities.
-Approved, June 20, 2006

F&M Bancshares, Inc., Trezevant, Tennessee -- to acquire Citizens City and County Bank, Trenton.
-Approved, June 22, 2006

First Mountain Bancorp, Big Bear Lake, California -- to become a bank holding company and to acquire First Mountain Bank.
-Approved, June 23, 2006

FirstBank Financial Services, Inc., McDonough, Georgia -- relief from a commitment.
-Granted, June 21, 2006

Oswego Community Bank Employee Stock Ownership Plan, Oswego, Illinois -- to increase its ownership from 37.71 percent to 51 percent of the shares of Oswego Bancshares, Inc., and thereby increase its ownership in Oswego Community Bank.
-Approved, June 21, 2006

The SEE Trust, Miami, Florida -- to become a bank holding company and to retain more than 25 percent of the shares of Transatlantic Bank.
-Approved, June 19, 2006

St. Louis Bancshares, Inc., Town and Country, Missouri -- to become a bank holding company and to acquire St. Louis Bank.
-Approved, June 22, 2006

SunSouth Bancshares, Inc., Dothan, Alabama -- relief from a commitment.
-Granted, June 21, 2006

TSB Financial Corporation, Charlotte, North Carolina -- to become a bank holding company and to acquire The Scottish Bank.
-Approved, June 22, 2006

Valliance Financial Corp., Oklahoma City, Oklahoma -- to become a bank holding company and to acquire Valliance Bank, N.A.
-Approved, June 22, 2006

Banks, Foreign

The Governor and Company of the Bank of Ireland, Dublin, Ireland -- waiver of remainder of notification period to establish a branch in Stamford, Connecticut.
-Granted, June 23, 2006

Change In Bank Control

Henderson State Company, Henderson, Nebraska -- change in bank control.
-Permitted, June 20, 2006

Competitive Factors Reports

Allegheny Valley Bancorp, Inc., Pittsburgh, Pennsylvania -- report on competitive factors of the proposed merger of Allegheny Valley Bank of Pittsburgh and Mt. Troy Bank.
-Submitted, June 22, 2006

Citizens Tri-County Bank, Dunlap, Tennessee -- report on competitive factors of the proposed merger with First National Bank of Tullahoma, Tullahoma.
-Submitted, June 19, 2006

First Bank, Troy, North Carolina -- report on competitive factors of the proposed purchase of assets and assumption of liabilities of the Carthage branch of Bank of the Carolinas, Mocksville.
-Submitted, June 21, 2006

First Citizens Bank and Trust Company, Inc., Columbia, South Carolina -- report on competitive factors of the proposed acquisition of the Mullins branch of Carolina First Bank, Greenville.
-Submitted, June 21, 2006

First Federal Savings Bank, Baxter, Minnesota -- report on competitive factors of the proposed acquisition by Great River Holding Company of First Federal Bancorporation, Bemidji, and First Federal Bank.
-Submitted, June 19, 2006

First National Bank and Trust Company, Asheboro, North Carolina -- report on competitive factors of the proposed merger with First Gaston Bank of North Carolina, Gastonia.
-Submitted, June 19, 2006

First National Bank of Nokomis, Nokomis, Illinois -- report on competitive factors of the proposed purchase of certain assets and assumption of certain liabilities of the Arthur branch of Central Illinois Bank, Champaign.
-Submitted, June 19, 2006

German American Bancorp, Jasper, Indiana -- report on competitive factors of the proposed consolidation with Citizens State Bank, Petersburg; First American Bank, Vincennes; First State Bank, Southwest Indiana, Tell City; The German American Bank, Jasper; Peoples Bank, Washington; and Stone City Bank of Bedford, Indiana, Bedford.
-Submitted, June 20, 2006

Independence Bank, Newport Beach, California -- report on competitive factors of the proposed merger with Independence Financial Group, Inc.
-Submitted, June 21, 2006

Riverside National Bank of Florida, Fort Pierce, Florida -- report on competitive factors of the proposed merger with First Community Bank, DeBary.
-Submitted, June 19, 2006

Security Bank Corporation, Macon, Georgia -- report on competitive factors of the proposed merger with Homestead Bank, Suwanee.
-Submitted, June 19, 2006

Shell Lake State Bank, Shell Lake, Wisconsin -- report on competitive factors of the proposed merger with Shell Lake Investments, Las Vegas, Nevada.
-Submitted, June 19, 2006

Extensions Of Time

Regions Bank, Birmingham, Alabama -- extension to July 6, 2007, to establish a branch at the intersection of Beltway 8 and Vista Road, Pasadena, Texas.
-Granted, June 20, 2006

SunTrust Bank, Atlanta, Georgia -- extension to September 9, 2007, to establish a branch at 6289 PGA Boulevard, Palm Beach Gardens, Florida.
-Granted, June 20, 2006

Wessagussett Mutual Holding Company, Weymouth, Massachusetts, and Wessagussett Bancorp, Inc. -- extension to July 24, 2006, to become a mutual bank holding company and a stock bank holding company, respectively, and to acquire Weymouth Bank.
-Granted, June 20, 2006

Financial Holding Companies

Alliance Financial Corporation, Syracuse, New York -- election to become a financial holding company.
-Effective, June 21, 2006

Bayerische Hypo-und Vereinsbank AG, Munich, Germany -- election to be treated as a financial holding company.
-Effective, June 22, 2006

First American International Corp., Brooklyn, New York -- election to become a financial holding company.
-Effective, June 21, 2006

The Governor and Company of the Bank of Ireland, Dublin, Ireland -- election to be treated as a financial holding company upon the establishment of a branch in Stamford, Connecticut.
-Effective, June 23, 2006

Lakin Bancshares, Inc., Lakin, Kansas -- election to become a financial holding company.
-Effective, June 20, 2006

Membership

First National Bank-West, Evanston, Wyoming -- to retain membership in the Federal Reserve System on conversion to a state-chartered institution, to be known as 1st Bank.
-Approved, June 22, 2006

Omega Bank, National Association, State College, Pennsylvania -- to become a member of the Federal Reserve System.
-Approved, June 23, 2006

Actions under delegated authority

Actions taken during the week ending June 24, 2006

Bank Branches, Domestic