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 September 19, 2009


Bank Holding Companies

General Counsel
Bank of America Corporation, Charlotte, North Carolina  -- request for an exemption under the Depository Institution Management Interlocks Act and Regulation L.
-Granted, September 17, 2009 

San Francisco
Castle Creek Capital Partners III, L.P., et al., Rancho Santa Fe, California  -- to increase their ownership of First Chicago Bancorp, Chicago, Illinois, and indirectly First Chicago Bank and Trust Company.
-Approved, September 14, 2009 

St. Louis
Farmers & Merchants Bancorp, Inc., Hannibal, Missouri  -- to become a bank holding company on conversion of its thrift subsidiary, F&M Bank and Trust Company, Hannibal, to a state-chartered bank.
-Withdrawn, September 14, 2009 

Dallas
Happy Bancshares, Inc., Canyon, Texas; Happy Bancshares of Delaware, Inc., Dover, Delaware; and Happy State Bank, Happy, Texas  -- waiver of application to acquire, through a series of transactions, First Canadian Bancorp, Inc., Canadian, Texas, and its subsidiaries, in connection with the merger of Happy State Bank, Happy, and The First National Bank of Canadian, Canadian.
-Granted, September 14, 2009 

Atlanta
Heart of Georgia Bancshares, Inc., Mount Vernon, Georgia  -- to acquire The Tattnall Bank, Reidsville.
-Withdrawn, September 16, 2009 

St. Louis
Market Street Bancshares, Inc., Mount Vernon, Illinois  -- to engage in lending activities through its subsidiary, PNB Asset Management, LLC, Mount Vernon.
-Approved, September 17, 2009 

Secretary
Southern Bancorp, Inc., Arkadelphia, Arkansas  -- to merge with First Delta Bankshares, Inc., Blytheville, and thereby acquire The First National Bank in Blytheville and Bank of Trumann, Trumann.
-Approved, September 15, 2009 

Banks, Foreign

San Francisco
Bank of the Federated States of Micronesia, Pohnpei, Federated States of Micronesia  -- relief from a commitment.
-Withdrawn, September 16, 2009 

Director, BS&R
Canadian Imperial Bank of Commerce, Toronto, Canada  -- to retain an agency in New York, New York.
-Approved, September 17, 2009 

Change In Bank Control

St. Louis
Citizens State Bankshares of Bald Knob, Inc., Bald Knob, Arkansas  -- to retain control of Citizens and it subsidiary bank, Citizens State Bank, Bald Knob.
-Permitted, September 17, 2009 

St. Louis
Petit Jean Bancshares, Inc., Morrilton, Arkansas  -- to retain control of Petit Jean and its subsidiary bank, Petit Jean State Bank, Morrilton.
-Permitted, September 17, 2009 

Richmond
Pioneer Community Group, Inc., Iaeger, West Virginia  -- to retain control of Pioneer and its subsidiary bank, Pioneer Community Bank, Inc., Iaeger.
-Permitted, September 18, 2009 

Extensions Of Time

Atlanta
Compass Bank, Birmingham, Alabama  -- extension to October 30, 2009, to establish a branch at 450 Highway 528, Bernalillo, New Mexico.
-Granted, September 15, 2009 

Atlanta
Compass Bank, Birmingham, Alabama  -- extension to December 15, 2010, to establish a branch at 11091 Broadway Street, Pearland, Texas.
-Granted, September 15, 2009 

Membership

San Francisco
American Express Centurion Bank, Salt Lake City, Utah  -- to become a member of the Federal Reserve System.
-Withdrawn, September 16, 2009 


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