Actions under delegated authority

Actions taken during the week ending February 25, 2012

Bank Branches, Domestic

New York

Manufacturers and Traders Trust Company, Buffalo, New York -- to establish a branch at 1420 Wisconsin Avenue, NW, Washington, D.C.
-Approved, February 23, 2012

Richmond

Monarch Bank, Chesapeake, Virginia -- to establish a branch at 2999 Corporate Lane, Suites B8 and B9, Suffolk.
-Approved, February 21, 2012

Bank Holding Companies

Chicago

Banner Bancorp, Ltd., Birnamwood, Wisconsin -- to continue to engage de novo in extending credit and servicing loans.
-Approved, February 24, 2012

St. Louis

Cabool State Bank Employee Stock Ownership Plan, Cabool, Missouri -- to increase its ownership of Cabool Bancshares, Inc., Cabool, and thereby increase its indirect control of Cabool State Bank.
-Approved, February 24, 2012

Chicago

Inspire Bancshares, Inc., Tomah, Wisconsin -- to become a bank holding company and to acquire Community State Bank, Norwalk.
-Withdrawn, February 21, 2012

Change in Bank Control

Richmond

ECB Bancorp, Inc., Engelhard, North Carolina -- change in bank control of ECB and its subsidiary bank, The East Carolina Bank, Engelhard.
-Withdrawn, February 17, 2012
(A/C)

Richmond

ECB Bancorp, Inc., Engelhard, North Carolina -- change in bank control of ECB and its subsidiary bank, The East Carolina Bank, Engelhard.
-Withdrawn, February 24, 2012

International Operations

Director, BS&R

Raymond James Bank, N.A., St. Petersburg, Florida -- to establish an agreement corporation, Raymond James Canadian Acquisition, Inc., St. Petersburg, and for the agreement corporation to invest in Raymond James Finance Company of Canada, Ltd., Toronto, Canada.
-Approved, February 23, 2012

Membership

Chicago

Northwest Bank, Spencer, Iowa -- request for withdrawal from membership in the Federal Reserve System.
-Granted, February 21, 2012

Savings and Loan Holding Companies

Secretary

Valley Central, MHC, Reading, Ohio, and Valley Central Bancorp, Inc. -- issuance of a mutual holding company charter to Valley Central, MHC, and a stock holding company charter to its subsidiary, Valley Central Bancorp, Inc.
-Approved, February 21, 2012