FRB: H.2--Actions under delegated authority--Week ending July 14, 2012

American State Bank, Arp, Texas -- to establish a branch at 1116 Troup Highway, Tyler.
-Approved, July 9, 2012

Fifth Third Bank, Cincinnati, Ohio -- to establish a branch at 6920 Olive Boulevard, University City, Missouri.
-Approved, July 13, 2012

Bank Holding Companies

Adams Bancshares, Inc., Adams, Minnesota -- to merge with Elkton Bancshares, Inc., Elkton, and thereby acquire its subsidiary bank, Farmers State Bank of Elkton.
-Approved, July 9, 2012

ESSA Bancorp, Inc., Stroudsburg, Pennsylvania -- to form a bank holding company by acquiring First Star Bancorp, Bethlehem.
-Approved, July 13, 2012

First Carolina Financial Services, Inc., Rocky Mount, North Carolina -- to become a bank holding company by acquiring shares of First Carolina State Bank, Rocky Mount.
-Approved, July 10, 2012

S&T Bancorp, Inc., Indiana, Pennsylvania -- to acquire Gateway Bank of Pennsylvania, McMurray (to be renamed Gateway Bank).
-Approved, July 10, 2012

Sterne Agee Group, Inc., Birmingham, Alabama -- to become a bank holding company by acquiring Sum Financial Corporation, Pearson, Georgia, and its subsidiary bank, The Citizens Exchange Bank.
-Withdrawn, July 13, 2012

Banks, Foreign

Japan Bank for International Cooperation (JBIC), Tokyo, Japan -- request for determination that its successor institution, formed through the demerger of JBIC from Japan Finance Corporation, is not a foreign bank for purposes of the representative-office provisions of Regulation K (International Banking Operations).
-Approved, July 11, 2012

Banks, Nonmember, and Miscellaneous Institutions

Banco Santander International, Miami, Florida -- for Banco Santander International, an Edge corporation subsidiary of Banco Santander S.A., Madrid, Spain, to amend its articles of association to increase capital stock.
-Approved, July 13, 2012

Change in Bank Control

First State Bank Holding Company, Lynnville, Iowa -- to retain control of First State Bank Holding Company and its subsidiary bank, First State Bank, Lynnville.
-Permitted, July 10, 2012

United Citizens Bancorp, Inc., Columbia, Kentucky -- to retain control of United Citizens Bancorp and its subsidiary bank, United Citizens Bank of Southern Kentucky, Inc., Columbia.
-Permitted, July 13, 2012

Membership

Community First Bank, Keosauqua, Iowa -- to become a member of the Federal Reserve System.
-Approved, July 11, 2012

Rose Hill Bank, Rose Hill, Kansas -- to become a member of the Federal Reserve System.
-Approved, July 13, 2012

Regulations and Policies

Federal Open Market Committee -- minutes of the meeting on June 19-20, 2012.
-Published, July 11, 2012

Actions under delegated authority

Actions taken during the week ending July 14, 2012