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

# Actions under delegated authority

## Actions taken during the week ending June 16, 2012

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Bank Branches, DomesticSecretary          FirstBank, Lakewood, Colorado -- to establish a branch at 2014 Grand Avenue, Glenwood Springs.            -Approved, June 14, 2012            Bank Holding CompaniesAtlanta          Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan, Brandon, Mississippi, and Community Bancshares of Mississippi, Inc. -- to acquire Community Holding Company of Florida, Inc., Miramar Beach, Florida, and its subsidiary bank, Community Bank, Destin.            -Approved, June 14, 2012            Secretary          CU Bancorp, Encino, California -- to become a bank holding company by acquiring California United Bank, Encino, and to merge with Premier Commercial Bancorp, Anaheim, and thereby acquire its subsidiary bank, Premier Commercial Bank, National Association.            -Approved, June 11, 2012            San Francisco          First Foundation Inc., Irvine, California -- (1) to become a bank holding company on conversion of its subsidiary savings bank, First Foundation Bank, Irvine, to a commercial bank and (2) to engage in financial and investment advisory activities through its subsidiary, First Foundation Advisors.            -Approved, June 13, 2012            San Francisco          Franklin Resources, Inc., San Mateo, California -- to acquire shares of Oriental Financial Group, Inc., San Juan, Puerto Rico, and its subsidiary bank, Oriental Bank & Trust.            -Approved, June 11, 2012            Chicago          Johnston Growth Corporation, Johnston, Iowa -- to become a bank holding company on conversion of its subsidiary savings bank, Charter Bank, Johnston, to a state-chartered bank.            -Approved, June 11, 2012            Kansas City          Prime Time Investments Group, LLC, Wray, Colorado -- to become a bank holding company and to acquire shares of Investment Opts, LLC, Bethune; its subsidiary holding company, FarmBank Holding, Inc., Greeley; and its subsidiary bank, First FarmBank.            -Approved, June 15, 2012            Kansas City          Valley Bank Shares, Inc., Valley, Nebraska -- to acquire through its subsidiary, First National Agency Company, Valley, the insurance agency assets of Avoca Company, Avoca.            -Approved, June 15, 2012            Bank MergersSt. Louis          Centennial Bank, Conway, Arkansas -- to purchase the assets and assume certain liabilities of Putnam State Bank, Palatka, Florida, and to establish branches.            -Withdrawn, June 13, 2012            Banks, Nonmember, and Miscellaneous InstitutionsDirector, BS&R          JAM Special Opportunities Fund II, LP, New York, New York -- modification of a commitment in connection with JAM's investment in Silvergate Capital Corporation, La Jolla, California.            -Granted, June 15, 2012            Change in Bank ControlAtlanta          The Community Bank of East Tennessee, Clinton, Tennessee -- change in bank control of Community Bank.            -Permitted, June 15, 2012            Chicago          First Mid-Illinois Bancshares, Inc., Mattoon, Illinois -- change in bank control of First Mid-Illinois Bancshares, Mattoon, and its subsidiary bank, First Mid-Illinois Bank & Trust, National Association.            -Permitted, June 15, 2012            Dallas          Odem Bancshares, Inc., Odem, Texas -- change in bank control of Odem Bancshares, Odem, and its subsidiary bank, First State Bank of Odem, and request for a determination of qualified family partnership status.            -Permitted, June 11, 2012            Dallas          Plains Bancorp, Inc., Dimmitt, Texas -- change in bank control of Plains Bancorp, Dimmitt, and its subsidiary bank, First United Bank.            -Permitted, June 15, 2012            Richmond          Summit Financial Group, Inc., Moorefield, West Virginia -- to retain control of Summit Financial Group, Moorefield, and its subsidiary bank, Summit Community Bank, Inc.            -Permitted, June 15, 2012            Financial Holding Companies Minneapolis          Minnehaha Banshares, Inc., Sioux Falls, South Dakota -- election to become a financial holding company.            -Effective, June 12, 2012            International OperationsDirector, BS&R          Lake Forest Bank & Trust Company, Lake Forest, Illinois -- to establish FIFC Edge International Corp. (FEIC), Lake Forest; to invest in FEIC; and through FEIC to make an initial investment in a foreign subsidiary, First Insurance Funding of Canada, Inc., Toronto, Canada.            -Approved, May 31, 2012            (A/C)          MembershipBoston          Brookline Bank, Brookline, Massachusetts -- to become a member of the Federal Reserve System.            -Approved, June 15, 2012            Kansas City          Equity Bank, A National Association, Andover, Kansas -- to retain membership in the Federal Reserve System on conversion to a state-chartered bank.            -Approved, June 12, 2012            Philadelphia          First Citizens National Bank, Mansfield, Pennsylvania -- to retain membership in the Federal Reserve System on conversion to a state-chartered bank.            -Approved, June 14, 2012            
Release dates |     Full version (300 KB PDF)Board Actions |     Actions under delegated authority    Applications and reports received: