FRB: H.2--Actions under delegated authority--Week ending February 17, 2007

Bank of the Commonwealth, Norfolk, Virginia -- to establish a branch at 26006 Highway 12, Waves, North Carolina.
-Approved, February 15, 2007

Bank of Virginia, Midlothian, Virginia -- to establish a branch at 906 Branchway Road, Richmond.
-Approved, February 13, 2007

Hendricks County Bank and Trust Company, Brownsburg, Indiana -- to establish a branch at 963 North State Road 267, Avon.
-Approved, February 12, 2007

LegacyTexas Bank, Plano, Texas -- to establish a branch at 900 South Main Street, Grapevine.
-Approved, February 15, 2007

Bank Holding Companies

ATB Holdings, LLC, Birmingham, Alabama -- to become a bank holding company and to acquire 25 percent of the shares of Guardian Bancshares, Inc., Sylacauga, and thereby acquire its subsidiary, Alabama Trust Bank, National Association.
-Approved, February 15, 2007

ATB Management, LLC, Birmingham, Alabama -- to become a bank holding company and to acquire control of ATB Holdings, LLC, and thereby acquire control of Alabama Trust Bank, National Association, Sylacauga.
-Approved, February 15, 2007

Cathay General Bancorp, Los Angeles, California -- waiver of application to acquire United Heritage Bank, Edison, New Jersey, in connection with the merger of United Heritage Bank and Cathay Bank, Los Angeles, California.
-Withdrawn, February 15, 2007

Centra Ventures, Inc., Foley, Minnesota -- to engage in leasing activities through its de novo subsidiary, Falcon Leasing L.L.C.
-Approved, February 14, 2007

Community Banks, Inc., Harrisburg, Pennsylvania -- to acquire BUCS Financial Corp., Owings Mills, Maryland.
-Approved, February 13, 2007

Enterprise Financial Services Corp, Clayton, Missouri -- to acquire Clayco Banc Corporation, DeSoto, Kansas, and thereby acquire Great American Bank.
-Approved, February 13, 2007

First Citizens Financial Corporation, Dawsonville, Georgia -- to become a bank holding company and to acquire First Citizens Bank of Georgia, a de novo bank.
-Approved, February 15, 2007

Redwood Capital Bancorp, Eureka, California -- to become a bank holding company and to acquire Redwood Capital Bank.
-Approved, February 13, 2007

Security Bank Corporation, Macon, Georgia -- to acquire CFS Wealth Management, LLC, and thereby engage in financial and investment advisory services and securities brokerage services.
-Approved, February 14, 2007

Spencer MHC, Spencer, Massachusetts, and Spencer Mid-tier Holding Company -- to become a mutual bank holding company and a stock bank holding company, respectively, and to acquire Spencer Savings Bank.
-Approved, February 14, 2007

Bank Premises

Farmers Bank and Trust Company, Blytheville, Arkansas -- to make an additional investment in bank premises.
-Approved, February 15, 2007

Change In Bank Control

Farmers State Bankshares, Inc., Circleville, Kansas -- change in bank control.
-Permitted, February 12, 2007

Mahnomen Bancshares, Inc., Mahnomen, Minnesota -- change in bank control.
-Permitted, February 13, 2007

Mulvane Bankshares, Inc., Mulvane, Kansas -- to retain control of Mulvane Bankshares, Inc.
-Permitted, February 16, 2007

Extensions Of Time

Reserve Financial Associates, LLC, Columbus, Ohio; Sofia Financial Associates, LLC; Skilken Financial, LLC; and RFA Acquisition Company, Inc., Naples, Florida -- extension to March 29, 2007, to become a multi-tier bank holding company and to acquire Business Bank of Florida Corp., Melbourne, Florida, and Florida Business Bank.
-Granted, February 14, 2007

International Operations

CoBiz Bank, N.A., Denver, Colorado -- to establish a branch in Grand Cayman, Cayman Islands.
-Approved, February 15, 2007

Membership

Delta Southern Bank, Ruleville, Mississippi, and Elk Horn Bank and Trust Company, Arkadelphia, Arkansas -- to become members of the Federal Reserve System.
-Approved, February 16, 2007

Actions under delegated authority

Actions taken during the week ending February 17, 2007