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#   Actions under delegated authority

## Actions taken during the week ending October 27, 2007

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Bank Branches, DomesticSt. LouisThe Bank of Fayette County, Moscow, Tennessee  -- to establish a branch at 118 West Market, Bolivar.					-Approved, October 23, 2007 					RichmondBank of Lancaster, Kilmarnock, Virginia  -- to establish a branch at Route 205, Beachgate Shopping Center, Colonial Beach.					-Approved, October 24, 2007 					SecretaryComerica Bank, Detroit, Michigan  -- to establish branches at 1351 Howard Avenue, Burlingame, California, and 644 Laurel Street, San Carlos.					-Approved, October 26, 2007 					SecretaryComerica Bank, Detroit, Michigan  -- to establish branches at 14950 Avery Ranch Boulevard, Austin, Texas; 810 East Whitestone Boulevard, Building C, Cedar Park; 5940 Fairmont Parkway, Pasadena; and the intersection of Bee Caves Road and Westlake Drive, West Lake Hills.					-Approved, October 26, 2007 					SecretaryComerica Bank, Detroit, Michigan  -- to establish branches at 11355 South Street, Cerritos, California, and 2795 Pacific Coast Highway, Torrance.					-Approved, October 26, 2007 					ClevelandThe Cortland Savings and Banking Company, Cortland, Ohio  -- to establish a branch at 9001 Market Street, North Lima.					-Approved, October 23, 2007 					RichmondEVB, Tappahannock, Virginia  -- to establish a branch at 2599 New Kent Highway, Quinton.					-Approved, October 24, 2007 					St. LouisMidland States Bank, Effingham, Illinois  -- to establish a mobile branch to serve the Chesterfield, Missouri market.					-Approved, October 22, 2007 					ClevelandThe North Side Bank and Trust Company, Cincinnati, Ohio  -- to establish a branch at State Route 22 and U.S. 48, Maineville.					-Approved, October 26, 2007 					RichmondWaccamaw Bank, Whiteville, North Carolina  -- to establish a branch at 8001 East Oak Island Drive, Oak Island.					-Approved, October 24, 2007 					RichmondWaccamaw Bank, Whiteville, North Carolina  -- to establish a branch at 200 Smith Avenue, Shallotte.					-Approved, October 24, 2007 					RichmondWaccamaw Bank, Whiteville, North Carolina  -- to establish a branch at 5429 Dick Pond Road, Myrtle Beach, South Carolina.					-Approved, October 24, 2007 					

Bank Holding CompaniesAtlantaAtlantic Southern Financial Group, Inc., Macon, Georgia  -- to acquire CenterState Bank Mid Florida, Leesburg, Florida.					-Approved, October 22, 2007 					AtlantaCity Savings Bancshares, Inc., Deridder, Louisiana  -- to merge with Louisiana Community Bancshares, Inc., Kaplan, and thereby acquire its subsidiaries, Kaplan State Bank and Teche Bank & Trust Co., St. Martinville.					-Approved, October 26, 2007 					AtlantaCNB Bancorp, Inc., Mobile, Alabama  -- to become a bank holding company and to acquire Commonwealth National Bank.					-Approved, October 26, 2007 					AtlantaFidelity Homestead Savings Bank, New Orleans, Louisiana  -- waiver of application to acquire Your Bank, Ponchatoula, in connection with the merger of Your Bank into Fidelity Homestead Savings Bank.					-Granted, October 26, 2007 					ClevelandFirst Citizens Banc Corp, Sandusky, Ohio  -- waiver of application to acquire Futura Banc Corporation, Urbana, in connection with the merger of their respective bank subsidiaries, Citizens Banking Company, Sandusky, and Champaign National Bank, Urbana.					-Withdrawn, October 24, 2007 					ChicagoFlorida Commerce Bancorp Ltd., Fort Myers, Florida  -- to become a bank holding company and to acquire Commercebank of Southwest Florida.					-Withdrawn, October 25, 2007 					San FranciscoFranklin Resources, Inc., San Mateo, California  -- to retain shares of Corus Bankshares, Inc., Chicago, Illinois, and Corus Bank, N.A.					-Approved, October 26, 2007 					Kansas CityGrant County Bank Employee Stock Ownership Plan, Ulysses, Kansas  -- to become a bank holding company and to retain shares of Resource One, Inc. and Grant County Bank.					-Approved, October 26, 2007 					New YorkGreater Rochester Bancorp, Inc., Rochester, New York  -- to become a bank holding company and to acquire Genesee Regional Bank.					-Approved, October 26, 2007 					ClevelandLCNB Corp., Lebanon, Ohio  -- waiver of application to acquire Sycamore National Bank, Cincinnati, in connection with the merger of LCNB Corp.'s subsidiary, Lebanon Citizens National Bank, Lebanon, and Sycamore National Bank.					-Granted, October 26, 2007 					St. LouisM&P Community Bancshares, Inc. 401(k) Employee Stock Ownership Plan, Newport, Arkansas  -- to acquire additional shares of M&P Community Bancshares, Inc.					-Approved, October 26, 2007 					St. LouisMagnolia Banking Corporation, Magnolia, Arkansas  -- to acquire Southern State Bancshares, Inc., Malvern, and thereby acquire Southern State Bank.					-Approved, October 22, 2007 					DallasNETEX Bancorporation, Mount Pleasant, Texas  -- to acquire City Bancorp, Inc., Wellington, and thereby acquire City Delaware Bancorp, Inc., Dover, Delaware, and Community Bank, Wellington, Texas.					-Approved, October 24, 2007 					DallasOlney Bancshares of Texas, Inc., Olney, Texas; Olney Bancorp of Delaware, Inc., Wilmington, Delaware; and Rose Rock Bank, Oklahoma City, Oklahoma  -- waiver of application to acquire Union Bank, National Association, Oklahoma City, Oklahoma, in connection with the merger of Rose Rock Bank with and into Union Bank.					-Granted, October 26, 2007 					Kansas CityPawnee Bancshares, Inc. Larned, Kansas  -- relief from certain commitments.					-Granted, October 22, 2007 					San FranciscoSecurity Business Bancorp, San Diego, California  -- to become a bank holding company and to acquire Security Business Bank of San Diego.					-Approved, October 25, 2007 					Kansas CitySooner Southwest Bankshares, Inc., Tulsa, Oklahoma  -- to engage in lending activities.					-Approved, October 25, 2007 					San FranciscoW.T.B. Financial Corporation, Spokane, Washington  -- to retroactively acquire shares of IT-Lifeline, Inc., Liberty Lake.					-Approved, October 24, 2007 					

Bank MergersPhiladelphiaSusquehanna Bank, Hagerstown, Maryland  -- to purchase the assets and assume the liabilities of six Maryland branches, located in Owings Mills (2), Westminster, Manchester, and Columbia (2), of Susquehanna Bank PA, Lititz, Pennsylvania.					-Approved, October 26, 2007 					

Change In Bank ControlClevelandFC Banc Corp, Bucyrus, Ohio  -- change in bank control.					-Returned, October 23, 2007 					Kansas CityResource One, Inc., Ulysses, Kansas  -- change in bank control.					-Permitted, October 24, 2007 					

Extensions Of TimeRichmondBank of Hampton Roads, Norfolk, Virginia  -- extension to May 1, 2008, to establish a branch at 204 Carmichael Way, Chesapeake.					-Granted, October 22, 2007 					RichmondFirst Charter Bank, Charlotte, North Carolina  -- extension to February 15, 2008, to establish a branch at N.C. Highway 16 and Cureton Parkway, Waxhaw.					-Granted, October 22, 2007 					

International OperationsDirector, BS&RCitibank, N.A., Las Vegas, Nevada  -- modification of the aggregate investment limit under Regulation K.					-Granted, October 26, 2007 					Director, BS&RCitigroup Inc., New York, New York  -- request to broaden a temporary exemption from section 23A of the Federal Reserve Act to permit transactions with its bank's foreign broker-dealer affiliate.					-Granted, October 23, 2007 					

MembershipAtlantaFranklin Synergy Bank, Franklin, Tennessee  -- to become a member of the Federal Reserve System.					-Approved, October 26, 2007 					

Release dates | Full version (300 KB PDF)Board Actions | Actions under delegated authority  Applications and reports received:Boston | New York | Philadelphia   | Cleveland | Richmond   | AtlantaChicago | St. Louis | Minneapolis   | Kansas City | Dallas   | San Francisco
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