Actions under delegated authority

Actions taken during the week ending January 10, 2009

Bank Branches, Domestic

St. Louis

Centennial Bank, Conway, Arkansas -- to establish a branch at 1631 Highway 25B North, Heber Springs.
-Approved, January 7, 2009

Chicago

M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin -- to establish branches at the intersection of Snelling and Randolph Avenues, St. Paul, Minnesota, and 610 West Northfield Drive, Brownsburg, Indiana.
-Approved, January 6, 2009

Bank Holding Companies

Dallas

BMC Bancshares, Inc., Dallas, Texas -- to become a bank holding company and to acquire First National Bank, Graford.
-Approved, January 5, 2009

Richmond

CBB Financial Corp, Midlothian, Virginia -- to become a bank holding company and to acquire Community Bankers' Bank, Midlothian.
-Approved, January 6, 2009

San Francisco

Celtic Investment, Inc., Salt Lake City, Utah -- to become a bank holding company on conversion of Celtic Bank Corporation, Salt Lake City, from an industrial bank to a commercial bank.
-Withdrawn, January 7, 2009

Richmond

HomeTown Bankshares Corporation, Roanoke, Virginia -- to become a bank holding company and to acquire HomeTown Bank, Roanoke.
-Approved, January 6, 2009

Atlanta

Independent Bancshares, Inc. Employee Stock Ownership Plan, Red Bay, Alabama -- to acquire shares of Independent Bancshares, Inc., Red Bay, and its subsidiaries, Community Spirit Bank, Spirit Bancshares, Inc., Belmont, Mississippi, and Spirit Bank.
-Approved, January 5, 2009

Kansas City

Lindoe, Inc., Ordway, Colorado -- to acquire shares of Southern Colorado National Bancorporation, Inc., Pueblo, and thereby acquire Southern Colorado National Bank.
-Withdrawn, January 7, 2009

Bank Mergers

St. Louis

Centennial Bank, Conway, Arkansas -- to merge with Bank of Mountain View, Mountain View, and thereby establish branches.
-Approved, January 6, 2009

Extensions Of Time

General Counsel

Intesa Sanpaolo S.p.A., Milan, Italy -- extension to March 31, 2009, of the temporary exemption to engage in certain nonbanking activities in the United States in connection with its merger with Sanpaolo IMI S.p.A., Turin.
-Granted, December 23, 2008 (AC)

Chicago

PrivateBancorp, Inc., Chicago, Illinois -- extension to April 17, 2009, to acquire The PrivateWealth Trust Company (in organization), a federal savings bank, Chicago.
-Granted, January 8, 2009

Membership

Kansas City

Gardner National Bank, Gardner, Kansas -- to retain membership in the Federal Reserve System on conversion to a state-chartered institution, Gardner Bank.
-Approved, January 8, 2009

Regulations And Policies

FOMC

Federal Open Market Committee -- minutes of the meeting on December 15 and 16, 2008.
-Published, January 6, 2009