FRB: H.2--Actions under delegated authority--Week ending December 17, 2005

Comerica Bank, Detroit, Michigan -- to establish a branch at 7789 Sashabaw Road, Clarkston.
-Approved, December 14, 2005

Fifth Third Bank, Grand Rapids, Michigan -- to establish a branch at 1 South Dearborn Street, Suite 110, Chicago, Illinois.
-Approved, December 15, 2005

Fifth Third Bank, Grand Rapids, Michigan -- to establish a branch at 2934 North Milwaukee Avenue, Unit A, Chicago, Illinois.
-Approved, December 15, 2005

Guaranty Bank and Trust Company, Denver, Colorado -- to establish a branch at 2460 Baseline Road, Boulder.
-Approved, December 13, 2005

Planters Bank & Trust Company of Virginia, Staunton, Virginia -- to establish a branch at 2201 Graves Mill Road, Forest.
-Approved, December 15, 2005

SunTrust Bank, Atlanta, Georgia -- to establish a branch at 19391 Lansdowne Boulevard, Leesburg, Virginia.
-Approved, December 13, 2005

Bank Holding Companies

Belmont Financial Group, Inc., Chicago, Illinois -- to become a bank holding company and to acquire Belmont Bank & Trust Company, a de novo bank.
-Approved, December 15, 2005

Buena Vista Bancorp, Inc., Chester, Illinois -- to acquire Citizens Community Bank of Decatur, Decatur.
-Approved, December 16, 2005

Clay County State Bancshares, Inc., Louisville, Illinois -- to become a bank holding company and to acquire Clay County State Bank.
-Approved, December 13, 2005

First State Associates, Inc., Hawarden, Iowa -- to acquire the remaining 50 percent of the shares of The Hawarden Banking Company and thereby acquire First State Bank.
-Approved, December 15, 2005

Hamilton State Bancshares, Inc., Braselton, Georgia -- to become a bank holding company and to acquire Hamilton State Bank.
-Approved, December 15, 2005

National Penn Bancshares, Inc., Boyertown, Pennsylvania -- to acquire Nittany Financial Corp., State College, and thereby acquire Nittany Bank.
-Approved, December 15, 2005

Patriot Bancshares, Inc., Houston, Texas, in formation -- to acquire Quadco Bancshares, Inc., Ladonia, and thereby acquire Farmers & Merchants State Bank.
-Approved, December 14, 2005

Rurban Financial Corp., Defiance, Ohio -- to acquire Exchange Bancshares, Inc., Luckey, and thereby acquire The Exchange Bank
-Approved, December 13, 2005

Southern Connecticut Bancorp, Inc., New Haven, Connecticut -- to acquire The Bank of Southeastern Connecticut, New London, a de novo bank.
-Withdrawn, December 16, 2005

SouthwestUSA Corporation, Las Vegas, Nevada -- to acquire Trustar Corporation and thereby acquire Nevada Trust Company and engage in trust activities.
-Withdrawn, December 12, 2005

Whitaker Bank Corporation of Kentucky, Lexington, Kentucky -- to acquire Berea Community Bank, Inc., Berea (formerly known as Berea National Bank).
-Approved, December 12, 2005

Bank Mergers

Chemical Bank and Trust Company, Midland, Michigan -- to merge with Chemical Bank West, Walker, and Chemical Bank Shoreline, Benton Harbor, and thereby establish branches.
-Approved, December 14, 2005

First Community Bank, Taos, New Mexico -- to merge with AccessBank, Clovis, and Ranchers Banks, Belen, and thereby establish branches; and waiver of application requirement for First Community Bank's parent holding company, First State Bancorporation, Albuquerque, to acquire Access Anytime Bancorp, Inc. and New Mexico Financial Corporation, Belen, in connection with the mergers.
-Approved, December 14, 2005

Peoples Bank & Trust Company of Madison County, Berea, Kentucky -- to merge with Berea Community Bank, Inc. (formerly known as Berea National Bank) and thereby establish branches.
-Approved, December 16, 2005

Change In Bank Control

First Mountain Company, Montrose, Colorado -- change in bank control.
-Permitted, December 13, 2005

Competitive Factors Reports

Community Bank of Central Wisconsin, Colby, Wisconsin -- report on competitive factors of the proposed purchase of assets and assumption of liabilities of the Thorp branch of M&I Marshall & Ilsley Bank, Milwaukee.
-Submitted, December 12, 2005

Frontier Bank, Everett, Washington -- report on competitive factors of the proposed merger with NorthStar Bank, Seattle.
-Submitted, December 16, 2005

GE Money Bank, Salt Lake City, Utah -- report on competitive factors of the proposed acquisition of certain assets of Belk National Bank, Lawrenceville, Georgia.
-Submitted, December 16, 2005

Lake Shore Savings and Loan Association, Dunkirk, New York -- report on competitive factors of the proposed merger with Lake Shore Interim Savings Bank I and Lake Shore Interim Savings Bank II in connection with the proposed conversion and reorganization of Lake Shore, MHC.
-Submitted, December 14, 2005

Midwest Heritage Bank FSB, Chariton, Iowa -- report on competitive factors of the proposed transfer of assets and deposits of three of its branches to Community American Credit Union, Kansas City, Missouri.
-Submitted, December 12, 2005

United Commercial Bank, San Francisco, California -- report on competitive factors of the proposed merger with Great Eastern Bank, New York, New York.
-Submitted, December 15, 2005

Extensions Of Time

Bank of Smithtown, Smithtown, New York -- extension to September 30, 2006, to establish a branch at 3460 Veterans Memorial Highway, Suffolk County.
-Granted, December 14, 2005

International Operations

JPMorgan Chase & Co., New York, New York -- request to modify the aggregate investment limit of Regulation K for JPMorgan Chase Bank, National Association, Columbus, Ohio; J.P. Morgan International Inc., New York, New York; Bank One International Holdings Corporation, Chicago, Illinois; and J.P. Morgan International Finance Limited, Newark, Delaware.
-Approved, December 15, 2005

Membership

The First National Bank of Manhattan, Manhattan, Illinois -- to retain membership in the Federal Reserve System on conversion to a state charter.
-Approved, December 13, 2005

Superior National Bank, Superior, Wisconsin -- to retain membership in the Federal Reserve System on conversion to a state chartered bank to be known as Superior Bank and request to exceed the limit of investment in bank premises.
-Approved, December 16, 2005

Regulations And Policies

Regulation C -- annual notice of the asset-size exemption threshold for depository institutions under the Home Mortgage Disclosure Act (Docket No. R-1245).
-Approved, December 15, 2005

Regulation CC -- technical amendments to Appendix A to reflect the restructuring of check processing operations in the Atlanta Federal Reserve District, and advance notice of future changes to Appendix A regarding the New York and Philadelphia Reserve Districts (Docket No. R-1244).
-Approved, December 13, 2005

Short-term Interest Rates -- increase in the target for the federal funds rate from 4 percent to 4-1/4 percent.
-Approved, December 13, 2005

Actions under delegated authority

Actions taken during the week ending December 17, 2005

Bank Branches, Domestic