FRB: H.2--Actions under delegated authority--Week ending May 22, 2010

Regions Bank, Birmingham, Alabama -- to establish branches at 8106 Okeechobee Boulevard, West Palm Beach, Florida; 1830 Martin Luther King Boulevard, Houma, Louisiana; and 1025 Joyce Lane, Nashville, Tennessee.
-Approved, May 21, 2010

Reliant Bank, Brentwood, Tennessee -- to establish a branch at 101 Creekstone Boulevard, Suite 100, Franklin.
-Approved, May 20, 2010

SmartBank, Pigeon Forge, Tennessee -- to establish a branch at 639 Dolly Parton Parkway, Sevierville.
-Withdrawn, May 19, 2010

Southern Bancorp Bank, Arkadelphia, Arkansas -- to establish branches at 206 Airport Road, Hot Springs, and 2552 Highway 51 South, Hernando, Mississippi.
-Approved, May 19, 2010

Texas First Bank, Texas City, Texas -- to establish a branch at 4700 Highway 365, Unit J, Port Arthur.
-Approved, May 21, 2010

Bank Holding Companies

The Bancorp, Inc., Wilmington, Delaware -- to acquire Bancorp Federal Savings Bank (in formation), Mount Laurel, New Jersey.
-Withdrawn, May 20, 2010

CrossFirst Holdings, LLC, Overland Park, Kansas -- to engage in lending activities through CFSA, LLC, Overland Park.
-Approved, May 18, 2010

Dentel Bancorporation, Victor, Iowa -- to acquire Panora State Bank, Panora.
-Approved, May 19, 2010

Bank Mergers

Southern Bank, Poplar Bluff, Missouri -- to purchase the assets and assume the liabilities of Southwest Community Bank, Springfield, and thereby establish a branch.
-Withdrawn, May 17, 2010

Change in Bank Control

Kansas Pacific Investments, LLC, Hays, Kansas -- change in bank control of Kansas Pacific and its subsidiary bank, First National Bank, Hays.
-Permitted, May 21, 2010

Southport Financial Corporation, Kenosha, Wisconsin -- change in bank control of Southport Financial and its subsidiary bank, Southport Bank, Kenosha.
-Permitted, May 21, 2010

Extensions of Time

The Adirondack Trust Company Employee Stock Ownership Trust, Saratoga Springs, New York -- extension to September 4, 2010, to acquire additional shares of 473 Broadway Holding Corporation, Saratoga Springs, and of The Adirondack Trust Company.
-Granted, May 18, 2010

Financial Holding Companies

Drexel Morgan & Co., Radnor, Pennsylvania -- election to become a financial holding company.
-Effective, May 20, 2010

International Operations

American Express Company, New York, New York, and American Express Travel Related Services Company, Inc. -- waiver of remainder of notification period to retain their investment in Swiss Bankers Prepaid Services AG, Grosshochstetten, Switzerland.
-Granted, May 18, 2010

Regulations and Policies

Federal Open Market Committee -- minutes of the meeting on April 27 and 28, 2010.
-Published, May 19, 2010

Actions under delegated authority

Actions taken during the week ending May 22, 2010

Bank Branches, Domestic