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 17, 2011


Bank Branches, Domestic

Chicago
American Trust & Savings Bank, Dubuque, Iowa -- to establish a branch at 1422 9th Street, SE, Dyersville.
-Approved, December 16, 2011

St. Louis
Southern Bank, Poplar Bluff, Missouri -- to establish a branch at 2080 Three Rivers Boulevard, Poplar Bluff.
-Approved, December 16, 2011

Bank Holding Companies

Atlanta
Bankia, S.A., Valencia, Spain -- to become a bank holding company and to acquire Caja Madrid Cibeles, S.A., Madrid; CM Florida Holdings, Inc., Coral Gables, Florida; and City National Bank of Florida, Miami.
-Approved, December 16, 2011

Cleveland
F.N.B. Corporation, Hermitage, Pennsylvania -- to acquire Parkvale Financial Corporation, Monroeville, and thereby acquire Parkvale Savings Bank.
-Approved, December 12, 2011

St. Louis
Financial Services Holding Corporation, Henderson, Kentucky -- to become a bank holding company and to acquire The Bank of Henderson, Inc., Henderson.
-Approved, December 14, 2011

Chicago
First Financial Corporation, Terre Haute, Indiana -- waiver of application to acquire Freestar Bank, National Association, Pontiac, Illinois, from its parent company, PNB Holding Co., in connection with the merger of Freestar with and into First Financial's subsidiary bank, First Financial Bank, National Association, Terre Haute, Indiana.
-Granted, December 15, 2011

Atlanta
Independent Bancshares, Inc. Employee Stock Ownership Plan, Red Bay, Alabama -- to acquire additional shares of Independent Bancshares, Inc., Red Bay, and its subsidiary bank, Community Spirit Bank, along with Spirit Bancshares, Inc., Belmont, Mississippi, and Spirit Bank.
-Approved, December 12, 2011

St. Louis
Prime Banc Corp., Dieterich, Illinois -- to acquire Red Bud Bancorp, Inc., Red Bud, and thereby acquire First State Bank of Red Bud.
-Approved, December 16, 2011

Secretary
S&T Bancorp, Inc., Indiana, Pennsylvania -- to merge with Mainline Bancorp, Inc., Ebensburg, and thereby acquire Mainline National Bank, Portage.
-Approved, December 12, 2011

Dallas
Strategic Growth Banking, LLC, El Paso, Texas, and Strategic Growth Banking Partners, LLC -- to become bank holding companies and to acquire Las Cruces B.R.G., Incorporated, Las Cruces, New Mexico, and thereby indirectly acquire control of Bank of the Rio Grande, National Association, and to retain control of Capital Bank, State Savings Bank, El Paso, Texas.
-Approved, December 15, 2011

Dallas
Woodforest Financial Group Employee Stock Ownership Plan (with 401(k) Provisions), The Woodlands, Texas, and Woodforest Financial Group Employee Stock Ownership Trust -- to acquire shares of Woodforest Financial Group, Inc., The Woodlands, and indirectly acquire Woodforest National Bank, Houston.
-Withdrawn, December 15, 2011

Bank Mergers

San Francisco
California Republic Bank, Newport Beach, California -- to purchase certain assets and assume certain liabilities of the Westlake Village branch of National Bank of California, N.A., Los Angeles.
-Approved, December 14, 2011

St. Louis
Midwest Independent Bank, Jefferson City, Missouri -- to merge with Nebraska Bankers' Bank, Lincoln, Nebraska, and thereby establish a branch.
-Approved, December 12, 2011

Bank Premises

Cleveland
Heartland Bank, Gahanna, Ohio -- request to exceed the limit on investment in bank premises.
-Approved, December 16, 2011

Banks, Foreign

Director, BS&R
Bankia, S.A., Valencia, Spain -- to establish a branch in Miami, Florida.
-Approved, December 16, 2011

New York
Danske Bank A/S, Copenhagen, Denmark -- to establish a branch in New York, New York.
-Withdrawn, December 12, 2011

Extensions of Time

Chicago
Waukon State Bank, Waukon, Iowa -- extension to March 8, 2012, to merge with Viking State Bank and Trust, Decorah, and thereby establish two branches.
-Granted, December 16, 2011

San Francisco
Wells Fargo & Company, San Francisco, California -- two-year extension beyond the statutory ten-year holding period for certain venture capital investments held by funds advised by or affiliated with Norwest Venture Partners.
-Withdrawn, December 15, 2011

Membership

Kansas City
First Missouri National Bank, Brookfield, Missouri -- to retain membership in the Federal Reserve System on conversion to a state-chartered bank, First Missouri Bank.
-Approved, December 15, 2011

Philadelphia
The First National Bank of Liverpool, Liverpool, Pennsylvania -- to retain membership in the Federal Reserve System on conversion to a state-chartered bank.
-Approved, December 16, 2011

Philadelphia
The First National Bank of Palmerton, Palmerton, Pennsylvania -- to retain membership in the Federal Reserve System on conversion to a state-chartered bank, First Northern Bank and Trust Co.
-Approved, December 14, 2011

Chicago
Grundy National Bank of Grundy Center, Grundy Center, Iowa -- to retain membership in the Federal Reserve System on conversion to a state-chartered bank, GNB Bank.
-Approved, December 16, 2011

St. Louis
Lewisburg Banking Company, Lewisburg, Kentucky -- to become a member of the Federal Reserve System.
-Approved, December 12, 2011

Boston
Patriot Community Bank, Woburn, Massachusetts -- to become a member of the Federal Reserve System.
-Approved, December 13, 2011

Regulations and Policies

Secretary
Regulation BB (Community Reinvestment) -- interagency annual adjustment to the asset-size thresholds used to define "small" and "intermediate small" banks and savings associations under the Community Reinvestment Act regulations.
-Approved, December 16, 2011

Savings and Loan Holding Companies

Philadelphia
Greene County Bancorp, MHC, Catskill, New York -- to establish an operating subsidiary, Greene Property Holdings, Ltd, Catskill.
-Approved, December 12, 2011

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