Actions of the board its staff and the federal reserve banks

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Federal Reserve Release

H.2

Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received

No. 48 Week Ending November 26, 2005

Board of Governors of the Federal Reserve System, Washington, DC 20551

H.2 Board Actions

November 20, 2005 to November 26, 2005

Reserve Bank Operations

Reserve Bank Directors -- appointment of chairmen and deputy chairmen of the twelve Federal Reserve Banks for 2006. - Announced, November 23, 2005

(AC) = Addition or Correction

Board - Page 1 of 1

H.2 Actions under delegated authority

BS&R C&CA FOMC

Banking Supervision and Regulation Consumer and Community Affairs Federal Open Market Committee

November 20, 2005 to November 26, 2005

RBOPS IF

OSDM

Reserve Bank Operations and Payment Systems International Finance Office of Staff Director for Management

Bank Branches, Domestic

Atlanta

AmSouth Bank, Birmingham, Alabama -- to establish branches at 1230 West McCulloch Road, Oviedo, Florida; 11 Alafaya Woods Boulevard, Orlando; 4845 New Broad Street; 12301 South Orange Blossom Trail; 3710 Southwest 38th Street, Gainesville; 4100 Northwest 16th Boulevard; 124 South Florida Avenue, Lakeland; 3055 Ruen Drive, Palm Harbor; 11 North Indiana Avenue, Englewood; 2385 Parr Drive, The Villages; and 10010 Eastern Shore Boulevard, Spanish Fort, Alabama. - Approved, November 22, 2005

Atlanta

Bank Independent, Sheffield, Alabama -- to establish a branch at 304 East Dr. Hicks Boulevard, Florence. - Approved, November 25, 2005

New York

Bank of Smithtown, Smithtown, New York -- to establish a branch at 1830 Route 112, Coram. - Approved, November 22, 2005

Richmond

EagleBank, Bethesda, Maryland -- to establish a branch at 15 Wisconsin Circle, Chevy Chase. - Approved, November 25, 2005

Cleveland

Fifth Third Bank, Grand Rapids, Michigan -- to establish a branch at 920 West State Street, Hastings. - Approved, November 23, 2005

Atlanta

SunTrust Bank, Atlanta, Georgia -- to establish a branch at 121 Rolling Hill Road, Suite 225, Mooresville, North Carolina. - Approved, November 25, 2005

(AC) = Addition or Correction

Delegated - Page 1 of 7

H.2 Actions under delegated authority

November 20, 2005 to November 26, 2005

Bank Branches, Domestic

Richmond

Waccamaw Bank, Whiteville, North Carolina -- to establish a branch at 306 South Poplar Street, Elizabethtown. - Approved, November 21, 2005

Bank Holding Companies

Kansas City

BancFirst Corporation, Oklahoma City, Oklahoma -- to acquire Park State Bank, Nicoma Park. - Approved, November 25, 2005

Philadelphia

The Bancorp, Inc., Wilmington, Delaware -- relief from certain commitments. - Granted, November 22, 2005

St. Louis

Farmers Capital Bank Corporation, Frankfort, Kentucky -- to acquire Citizens Bancorp, Inc., Newport, and thereby acquire Citizens Bank of Northern Kentucky; for Citizens Acquisition Subsidiary Corp., Frankfort, to become a bank holding company and merge with Citizens Bancorp, Inc.; and for Citizens Acquisition Subsidiary Corp. to acquire Citizens Financial Services, Inc., Newport, and thereby engage in activities relating to securities brokerage and financial planning services. - Approved, November 21, 2005

St. Louis

First National Financial Corporation, McGehee, Arkansas -- to become a bank holding company and to acquire The First National Bank of McGehee. - Approved, November 25, 2005

Atlanta

Flag Financial Corporation, Atlanta, Georgia -- to acquire Capital Financial Software, LLC, Norcross, and thereby engage in data processing in related services. - Approved, November 21, 2005

(AC) = Addition or Correction

Delegated - Page 2 of 7

H.2 Actions under delegated authority

November 20, 2005 to November 26, 2005

Bank Holding Companies

Secretary

Huntington Bancshares Incorporated, Columbus, Ohio -- commenter's request to extend the comment period on the application to acquire Unizan Financial Corp., Canton. - Denied, November 22, 2005

New York

Magyar Bancorp, MHC, New Brunswick, New Jersey, and Magyar Bancorp, Inc. -to become a mutual bank holding company and a bank holding company, respectively, and to acquire Magyar Bank. - Approved, November 21, 2005

Atlanta

Newnan Coweta Bancshares, Inc., Newnan, Georgia -- relief from a commitment. - Granted, November 22, 2005

Chicago

Plymouth Bancorp, Inc., Kirkwood, Missouri -- to become a bank holding company and to acquire Community State Bank of Plymouth, Plymouth, Illinois. - Approved, November 23, 2005

St. Louis

Porter Bancorp, Inc, Shepherdsville, Kentucky -- to increase its ownership to 100 percent of the shares of BBA, Inc. and thereby acquire Bullitt County Bank. - Approved, November 23, 2005

Atlanta

Security Bank Corporation, Macon, Georgia -- to merge with Rivoli BanCorp, Inc., and thereby acquire Rivoli Bank & Trust Company. - Approved, November 22, 2005

(AC) = Addition or Correction

Delegated - Page 3 of 7

H.2 Actions under delegated authority

November 20, 2005 to November 26, 2005

Bank Holding Companies

Dallas

South Plains Financial, Inc. Employee Stock Ownership Plan, Lubbock, Texas -- to become a bank holding company and to acquire 25.86 percent of the shares of South Plains Financial, Inc. and indirectly acquire South Plains Delaware Financial Corporation, Dover, Delaware; City Bank, Lubbock; Zia Financial Corporation, Ruidoso, New Mexico; and City Bank New Mexico. - Approved, November 23, 2005

Atlanta

TraCorp, Inc., Tullahoma, Tennessee -- to merge with F N Bancorp, Inc., and thereby acquire First National Bank of Tullahoma. - Withdrawn, November 21, 2005

Bank Mergers

Chicago

First Midwest Bank, Itasca, Illinois -- to purchase the assets and assume the liabilities of the Carpentersville branch of Elgin State Bank, Elgin, and thereby establish a branch at 2250 Randall Road, Carpentersville. - Approved, November 21, 2005

Richmond

Planters Bank & Trust Company of Virginia, Staunton, Virginia -- to acquire certain assets and assume certain liabilities of the Woodstock and Harrisonburg branches of Second Bank & Trust, Culpeper. - Approved, November 23, 2005

Banks, Foreign

New York

Banco Votorantim, Sao Paulo, Brazil -- to establish a representative office in the state of New York. - Withdrawn, November 22, 2005

(AC) = Addition or Correction

Delegated - Page 4 of 7

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