The Federal Reserve Bank of Atlanta, links to Atlanta home page
Public Information Documents

Actions taken by the Federal Reserve Bank of Atlanta
under delegated authority


Bank Branches, Domestic
First Southern Bank, Boca Raton, Florida -- to establish a branch at 901 East Las Olas, Fort Lauderdale.
- Approved, May 8, 2013

United Legacy Bank, Longwood, Florida -- to establish a branch at 3825 Edgewater Drive, Orlando.
- Approved, April 5, 2013

First Southern Bank, Boca Raton, Florida -- to establish a branch at 9965 San Jose Boulevard, Jacksonville.
- Approved, March 18, 2013

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Bank Holding Companies
Oakworth Capital, Inc., Birmingham, Alabama -- to become a bank holding company by acquiring Oakworth Capital Bank, Birmingham.
- Approved, June 4, 2013

Southern Community Bancshares, Inc., Cullman, Alabama -- relief from a commitment.
- Granted, May 28, 2013

CedarStone Financial, Inc., Lebanon, Tennessee -- to become a bank holding company by acquiring CedarStone Bank, Lebanon.
- Approved, May 24, 2013

Progress Financial Corporation, Huntsville, Alabama -- to become a bank holding company by acquiring Progress Bank and Trust, Huntsville.
- Approved, May 23, 2013

1st United Bancorp, Inc., Boca Raton, Florida -- to merge with Enterprise Bancorp, Inc., Palm Beach Gardens, and thereby acquire Enterprise Bank of Florida, North Palm Beach; and for 1st United Bank, Boca Raton, to merge with Enterprise Bank of Florida.
- Approved, May 16, 2013

Bond Street Management, LLC, Fort Lauderdale, Florida; Bond Street Investors, LLC; and Bond Street Holdings, Inc. -- to acquire Atlantic Coast Financial Corporation, Jacksonville, and Atlantic Coast Bank, FSB, and thereby engage in operating a savings association.
- Approved, May 10, 2013

Bond Street Management, LLC, Fort Lauderdale, Florida; Bond Street Investors, LLC; and Bond Street Holdings, Inc. -- to acquire Atlantic Coast Bank, N.A., Waycross, Georgia, on its conversion from a federal savings bank to a national bank.
- Approved, May 10, 2013

Old Florida Bancshares, Inc., Orlando, Florida -- to acquire New Traditions National Bank, Orlando.
- Approved, April 19, 2013

The First Bancshares, Inc., Hattiesburg, Mississippi -- to acquire First National Bank of Baldwin County, Foley, Alabama.
- Approved, March 28, 2013

Red River Bancshares, Inc., Alexandria, Louisiana -- waiver of application to merge with Fidelity Bancorp, Inc., Baton Rouge, in connection with the merger of their respective subsidiaries, Red River Bank, Alexandria, and Fidelity Bank, Baton Rouge.
- Granted, February 28, 2013

4830 Acquisition Company, LLC, Tampa, Florida -- to become a bank holding company by acquiring Southern Commerce Bank, National Association, Tampa.
- Approved, February 26, 2013

CedarStone Financial, Inc., Lebanon, Tennessee -- to become a bank holding company by acquiring CedarStone Bank, Lebanon.
- Withdrawn, February 11, 2013

4830 Acquisition Company, LLC, Tampa, Florida -- to become a bank holding company by acquiring Southern Commerce Bank, National Association, Tampa.
- Withdrawn, January 14, 2013

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Change In Bank Control
First Home Bancorp, Inc., Seminole, Florida -- to retain control of First Home Bancorp and its subsidiary, First Home Bank, Seminole.
- Permitted, March 29, 2013

BSA Financial Services, Inc., St. Augustine, Florida -- change in bank control of BSA Financial Services and its subsidiary, Bank of St. Augustine, St. Augustine.
- Permitted, January 24, 2013

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Extensions Of Time
USAmeriBank, Clearwater, Florida -- extension to August 29, 2013, to establish a branch at 1943 East Glenn Avenue, Auburn, Alabama.
- Granted, June 6, 2013

SmartBank, Pigeon Forge, Tennessee -- extension to November 2, 2013, to establish a branch at 302 North Peters Road, Knoxville.
- Granted, May 2, 2013

CCB Community Bank, Andalusia, Alabama -- extension to April 10, 2013, to establish a branch at 1502 East John Sims Parkway, Niceville, Florida.
- Granted, March 7, 2013

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Banks, State Member
Paradise Bank, Boca Raton, Florida -- to establish a financial subsidiary, PB Insurance Services, LLC, Boca Raton, and thereby engage in insurance activities.
- Approved, April 26, 2013

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Savings and Loan Holding Companies
First Charter, MHC, West Point, Georgia -- to convert from mutual to stock form and to merge with Charter Financial Corporation, West Point, and for Charter Financial Corporation to become a savings and loan holding company by acquiring Charterbank.
- Approved, February 11, 2013



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