Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

Actions under delegated authority

Actions taken during the week ending December 8, 2007


Bank Branches, Domestic

Richmond
Alliance Bank Corporation, Fairfax, Virginia  -- to establish a branch at 7023 Little River Turnpike, Annandale.
-Approved, December 5, 2007 

Atlanta
Bank Independent, Sheffield, Alabama  -- to establish a branch at the intersection of Highway 72 and Nance Road, Huntsville.
-Approved, December 6, 2007 

St. Louis
The Bank of Fayette County, Moscow, Tennessee  -- to establish a branch at the intersection of Highway 64 and Chickasaw Ridge Drive, Oakland.
-Approved, December 5, 2007 

Richmond
Cecil Bank, Elkton, Maryland  -- to establish a branch at 4434 Telegraph Road.
-Approved, December 5, 2007 

Secretary
M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin  -- to establish a branch at 501 East Kennedy Boulevard, Tampa, Florida.
-Approved, December 6, 2007 

Atlanta
Old Southern Bank, Orlando, Florida  -- to establish a branch at 1815 West State Road 434, Longwood.
-Approved, December 4, 2007 

Secretary
SunTrust Bank, Atlanta, Georgia  -- to establish a branch at 10331 Southwest Village Center Drive, Port St. Lucie, Florida.
-Approved, December 5, 2007 

Bank Holding Companies

Secretary
1st United Bancorp, Boca Raton, Florida  -- to acquire Equitable Financial Group, Inc., Fort Lauderdale, and for 1st United Bank, Boca Raton, to merge with Equitable Bank, Fort Lauderdale, and thereby establish branches.
-Approved, December 7, 2007 

Dallas
Caldwell Holding Company, Columbia, Louisiana  -- to acquire Citizens Progressive Bank.
-Approved, December 6, 2007 

Chicago
Capitol Bancorp Ltd., Lansing, Michigan  -- to acquire shares of Adams Dairy Bank (in organization), Blue Springs, Missouri, and thereby operate a savings association.
-Approved, December 3, 2007 

St. Louis
First Alliance Bancshares, Inc., Cordova, Tennessee  -- to become a bank holding company and to acquire First Alliance Bank.
-Approved, December 7, 2007 

Richmond
First National Bancshares, Inc., Spartanburg, South Carolina  -- to acquire Carolina National Corporation, Columbia, and thereby acquire Carolina National Bank and Trust Company.
-Approved, December 3, 2007 

Kansas City
Goppert Financial Corp., Overland Park, Kansas  -- to acquire Kanbanc, Inc., Overland Park, and its subsidiaries, Citizens State Bank of Pomona, Pomona; Farmers National Bank of Kansas, Walnut; and Citizens Bank of Norborne, Norborne, Missouri; and to acquire The Lathrop Bank, Lathrop, Missouri; and The Pleasant Hill Bank, Pleasant Hill, Missouri.
-Approved, December 7, 2007 

Richmond
M&F Bancorp, Inc., Durham, North Carolina  -- waiver of application to acquire Mutual Community Savings Bank, Inc., SSB in connection with the merger of Mutual Community Savings Bank, Inc., SSB and Mechanics & Farmers Bank.
-Granted, December 7, 2007 

St. Louis
Midwest Bancorporation, Inc. and Affiliates ESOP Trust, Poplar Bluff, Missouri  -- to acquire additional shares of Midwest Bancorporation, Inc. and thereby acquire First Midwest Bank of Dexter, Dexter, and First Midwest Bank of the Ozarks, Piedmont.
-Approved, December 3, 2007 

Minneapolis
Mills Financial Services Inc., Brainerd, Minnesota  -- to become a bank holding company and to acquire First Security Bank - Sanborn, Sanborn.
-Returned, December 6, 2007 

Chicago
Old Second Bancorp, Inc. Aurora, Illinois  -- waiver of application to acquire HeritageBanc, Inc., Frankfort, in connection with the merger of their subsidiaries, Heritage Bank, Frankfort, and Old Second National Bank, Aurora.
-Granted, December 6, 2007 

Richmond
Select Bancorp, Inc., Greenville, North Carolina  -- to become a bank holding company and to acquire Select Bank & Trust Company.
-Returned, December 6, 2007 

San Francisco
Sterling Financial Corporation, Spokane, Washington  -- to merge with North Valley Bancorp, Redding, California, and thereby acquire North Valley Bank.
-Withdrawn, December 6, 2007 

Change In Bank Control

St. Louis
Midwest Bancorporation, Inc., Poplar Bluff, Missouri  -- change in bank control.
-Permitted, December 3, 2007 

Extensions Of Time

Atlanta
First Florida Bank, Naples, Florida  -- extension to January 6, 2008, to establish a branch at 16451 Health Park Commons Drive, Fort Myers.
-Granted, December 6, 2007 

Chicago
Prairieland Bancorp Employee Stock Ownership Plan and Trust, Bushnell, Illinois  -- extension to March 13, 2008, to increase its ownership of Prairieland Bancorp, Inc. and thereby increase its ownership of Farmers and Merchants State Bank.
-Granted, December 5, 2007 

Financial Holding Companies

Dallas
CNB Financial Corporation, Inc., Taylor, Texas, and CNB Financial Corporation of Delaware, Inc., Dover, Delaware  -- election to become financial holding companies.
-Effective, December 5, 2007 

Chicago
Crete Bancorporation, Inc., Crete, Illinois  -- election to become a financial holding company.
-Effective, December 6, 2007 

Chicago
ISB Financial Corp., Iowa City, Iowa  -- election to become a financial holding company.
-Effective, December 4, 2007 

International Operations

Director, BS&R
ShoreBank Corporation, Chicago, Illinois  -- waiver of remainder of notification period for its subsidiaries, ShoreBank International Ltd., Chicago, and ShoreCap International Ltd., Cayman Islands, to invest in Belarusian Bank for Small Business, Minsk, Belarus.
-Granted, December 7, 2007 


Release dates | Full version (300 KB PDF)
Board Actions | Actions under delegated authority
Applications and reports received:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco