FRB: H.2--Actions under delegated authority--Week ending January 7, 2012

Elkhart Financial Corporation, Elkhart, Kansas -- to become a bank holding company and to acquire First National Bank of Elkhart, Elkhart.
-Approved, January 6, 2012

First Advantage Bancorp, Clarksville, Tennessee -- to become a bank holding company and to acquire First Advantage Bank, Clarksville, on its conversion to a state nonmember bank.
-Approved, January 5, 2012

Grandpoint Capital, Inc., Los Angeles, California -- to acquire Regents Bancshares, Inc., Vancouver, Washington, and thereby indirectly acquire Regents Bank, N.A., La Jolla, California, and to acquire Peoria Holdings, LLC, Vancouver, Washington, and engage in loan servicing; extending credit; and holding, management, and disposal of other real estate owned.
-Approved, January 6, 2012

Raymond James Financial, Inc., St. Petersburg, Florida -- (1) to become a bank holding company and to acquire Raymond James Bank, FSB, St. Petersburg, to be known as Raymond James Bank, N.A. on its conversion to a national bank, and (2) election to become a financial holding company.
-Approved, January 3, 2012

Talen, Inc., Traer, Iowa -- to continue to engage in extending credit and servicing loans.
-Approved, January 6, 2012

Merchants & Farmers Bancshares, Inc., Leesville, Louisiana -- to retain control of Merchants & Farmers and its subsidiary bank, Merchants & Farmers Bank & Trust Company, Leesville.
-Permitted, January 5, 2012

The Adirondack Trust Company Employee Stock Ownership Trust, Saratoga Springs, New York -- extension to April 18, 2012, to acquire additional shares of 473 Broadway Holding Corporation, Saratoga Springs, and of The Adirondack Trust Company.
-Granted, January 5, 2012

Compass Bank, Birmingham, Alabama -- extension to February 29, 2012, to establish a branch at 3045 East Riggs Road, Chandler, Arizona.
-Granted, January 3, 2012

GMAC Common Equity Trust I -- trustee's request, on behalf of General Motors, Inc., Detroit, Michigan, to extend the deadline for divesting the shares of Ally Financial, Inc. that General Motors holds through the trust.
-Granted, December 20, 2011
(A/C)

Inspire Bancshares, Inc., Tomah, Wisconsin -- extension of time to receive comments from a commenter on the application to become a bank holding company and to acquire Community State Bank, Norwalk.
-Granted, January 6, 2012

Frontier Holdings, LLC, Omaha, Nebraska, and Frontier Management, LLC -- elections to become financial holding companies.
-Effective, January 4, 2012

Midstate Federal Savings and Loan Association, Baltimore, Maryland -- to become a member of the Federal Reserve System on conversion to a state-chartered institution, Midstate Savings Bank.
-Withdrawn, January 6, 2012

Washington Savings Bank, Lowell, Massachusetts -- to become a member of the Federal Reserve System.
-Approved, January 6, 2012

Federal Open Market Committee -- minutes of the meeting on December 13 and of the conference call on November 28, 2011.
-Published, January 3, 2012

Actions under delegated authority

Actions taken during the week ending January 7, 2012

Bank Holding Companies

Change in Bank Control

Extensions of Time

Financial Holding Companies

Membership

Regulations and Policies