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 January 19, 2008


Bank Branches, Domestic

Cleveland
The Cortland Savings and Banking Company, Cortland, Ohio  -- to establish a branch at 15561 West High Street, Middlefield.
-Approved, January 17, 2008 

Chicago
Northbrook Bank & Trust Company, Northbrook, Illinois  -- to establish a branch at 660 Deerfield Road, Deerfield.
-Approved, January 18, 2008 

Richmond
Old Line Bank, Bowie, Maryland  -- to establish a branch at 12100 Annapolis Road, Glenn Dale.
-Approved, January 15, 2008 

Bank Holding Companies

Minneapolis
BancMidwest Corporation, St. Paul, Minnesota  -- waiver of application to acquire First Bank and Trust, Menomonie, Wisconsin, in connection with its merger into Mainstreet Bank, Forest Lake, Minnesota.
-Granted, January 17, 2008 

Kansas City
Central Financial Corporation, Hutchinson, Kansas  -- to retain its ownership of Valley Capital Bank, N.A., Mesa, Arizona.
-Approved, January 17, 2008 

Dallas
Commerce Financial Corporation, Corpus Christi, Texas  -- to become a bank holding company and to acquire Security State Bancshares, Inc., Stockdale, and thereby indirectly acquire Security State Bank.
-Withdrawn, January 17, 2008 

St. Louis
Farmers and Merchants Bankshares, Inc., Stuttgart, Arkansas  -- to acquire Perry County Bancshares, Inc., Perryville, and thereby indirectly acquire Chart Bank.
-Approved, January 18, 2008 

St. Louis
First Banks, Inc., St. Louis, Missouri  -- to acquire additional shares of Community West Bancshares, Goleta, California, and thereby indirectly acquire Community West Bank, National Association.
-Approved, January 17, 2008 

Philadelphia
First Priority Financial Corp., Malvern, Pennsylvania  -- waiver of application to acquire Prestige Community Bank, Newtown, in connection with the merger of Prestige Community Bank and First Priority Bank, Malvern.
-Granted, January 14, 2008 

Chicago
First State Bancshares, Inc., Ida Grove, Iowa  -- waiver of application to acquire Odebolt State Bank, Odebolt, in connection with the merger of Odebolt State Bank and First State Bank, Ida Grove, a subsidiary of First State Bancshares, Inc.
-Granted, January 18, 2008 

Atlanta
Floridian Financial Group, Inc., Daytona Beach, Florida  -- to acquire Orange Bank of Florida, Orlando.
-Approved, January 14, 2008 

San Francisco
Greater Pacific Bancshares, Whittier, California  -- waiver of application to acquire The First National Bank of Santo, Santo, Texas, in connection with its merger with Greater Pacific's subsidiary, Bank of Whittier, N.A.
-Withdrawn, January 16, 2008 

Atlanta
Independent Bancshares, Inc. Employee Stock Ownership Plan, Red Bay, Alabama  -- to acquire shares of Independent Bancshares, Inc., and its subsidiaries, Community Spirit Bank, Spirit Bancshares, Inc., Belmont, Mississippi, and Spirit Bank.
-Approved, January 18, 2008 

Minneapolis
Lakeside Bank Holding Company, New Town, North Dakota  -- waiver of application to merge with Peoples Bankshares, Inc., Parshall, in connection with the merger of Lakeside State Bank, New Town, and Peoples Bank and Trust, Parshall.
-Granted, January 17, 2008 

Atlanta
Metropolitan BancGroup, Inc., Ridgeland, Mississippi  -- to become a bank holding company and to acquire BancSouth Financial Corporation, Crystal Springs, and its subsidiary, Bank of the South.
-Approved, January 18, 2008 

Dallas
National Bank & Trust Employee Stock Ownership Plan, La Grange, Texas  -- to become a bank holding company and to acquire additional shares of First La Grange Bancshares, Inc., and thereby indirectly acquire National Bank & Trust.
-Returned, January 18, 2008 

San Francisco
Palomar Enterprises, LLC, Long Beach, California  -- to become a bank holding company and to retain control of Farmers & Merchants Bank of Long Beach.
-Approved, January 17, 2008 

San Francisco
Peninsula Bank Holding Co., Palo Alto, California  -- to become a bank holding company and to acquire The Private Bank of the Peninsula.
-Approved, January 18, 2008 

Bank Mergers

San Francisco
Nara Bank, Los Angeles, California  -- to purchase the assets and assume the liabilities of the Brick, New Jersey, branch of The Provident Bank, Jersey City.
-Approved, January 16, 2008 

Banks, Foreign

Director, BS&R
eBANK Corporation, Tokyo, Japan  -- to establish a representative office in San Francisco, California.
-Approved, January 16, 2008 

Banks, Nonmember, And Miscellaneous Institutions

Kansas City
First Bank & Trust Company, Duncan, Oklahoma  -- waiver of application to acquire shares of Waurika National Bank, Waurika.
-Withdrawn, January 17, 2008 

New York
FirstBank of Puerto Rico, San Juan, Puerto Rico  -- waiver of application in connection with the acquisition and merger with Virgin Islands Community Bank, Christiansted, Virgin Islands.
-Granted, January 18, 2008 

Change In Bank Control

Kansas City
Jones National Corporation, Seward, Nebraska  -- change in bank control of Jones National Corporation and its subsidiary, The Jones National Bank & Trust Company of Seward.
-Permitted, January 15, 2008 

Extensions Of Time

Atlanta
CNB Bancorp, Inc., Mobile, Alabama  -- extension to April 26, 2008, to become a bank holding company and to acquire Commonwealth National Bank.
-Granted, January 17, 2008 

Richmond
First Bancorp, Troy, North Carolina  -- extension to April 15, 2008, to acquire Great Pee Dee Bancorp, Inc., Cheraw, South Carolina, and thereby indirectly acquire Sentry Bank & Trust.
-Granted, January 14, 2008 

New York
JPMorgan Chase & Co., New York, New York  -- extension to April 18, 2008, to acquire JPMorgan Chase Bank, National Association , San Francisco, California.
-Granted, January 16, 2008 

Chicago
M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin  -- extension to April 27, 2008, to establish a branch at 1160 South Watson Road, Buckeye, Arizona.
-Granted, January 18, 2008 

Chicago
M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin  -- extension to April 12, 2008, to establish a branch at 9600 Colorado Lane North, Brooklyn Park, Minnesota.
-Granted, January 18, 2008 

Richmond
Resource Bank, Virginia Beach, Virginia  -- extension to April 19, 2008, to establish a branch at 9012 Church Street, Manassas.
-Granted, January 18, 2008 


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