Board Actions

Actions taken during the week ending September 16, 2006

Bank Holding Companies

First National Bank Group, Inc., Edinburg, Texas -- to acquire up to 9.9 percent of the shares of Southside Bancshares, Inc., Tyler.
-Approved, September 11, 2006

Glacier Bancorp, Inc., Kalispell, Montana -- to acquire Citizens Development Company, Billings, and its five subsidiary banks.
-Approved, September 14, 2006

Passumpsic Bancorp, St. Johnsbury, Vermont -- to merge with The Siwooganock Holding Company, Inc., Lancaster, New Hampshire, and acquire its subsidiary bank, The Siwooganock Bank, and its ownership interest in The Lancaster National Bank.
-Approved, September 14, 2006

Enforcement

Exchange Bank of Missouri, Fayette, Missouri -- written agreement with the Missouri Division of Finance and the Federal Reserve Bank of Kansas City.
-Announced, September 11, 2006

Forms

Forms -- final Board review to extend without revision the Reporting and Disclosure Requirements Associated with Regulation P (Privacy of Consumer Financial Information) (Reg P).
-Approved, September 11, 2006

Testimony And Statements

Basel II and Commercial Real Estate -- statement by Governor Bies before the Subcommittee on Financial Institutions and Consumer Credit of the House Committee on Financial Services.
-Published, September 14, 2006