FRB: H.2--Actions under delegated authority--Week ending November 2, 2013

Empire State Bank, Newburgh, New York -- to establish a branch at 8701 3rd Avenue, Brooklyn.
-Approved, October 30, 2013

Bank Holding Companies

CIT Group, Inc., Livingston, New Jersey -- relief from a commitment.
-Granted, October 31, 2013

First Merchants Corporation, Muncie, Indiana -- to acquire CFS Bancorp, Inc., Munster, and thereby acquire control of Citizens Financial Bank, a federal savings bank.
-Approved, October 28, 2013

First Okmulgee Corporation, Okmulgee, Oklahoma -- for its subsidiary, Coffeyville Bancorp, Inc., Coffeyville, Kansas, to acquire Coffeyville Financial Corporation, Omaha, Nebraska, and Condon Bank & Trust, Coffeyville, Kansas; and for First Okmulgee Corporation to thereby indirectly acquire both institutions.
-Approved, October 31, 2013

Independent Bank Group, Inc., McKinney, Texas -- to acquire Live Oak Financial Corp., Dallas, and thereby acquire Live Oak State Bank.
-Approved, October 31, 2013

Larch Bancorporation Inc., Larchwood, Iowa -- waiver of application to acquire Security Savings Bank, Canton, South Dakota, an interim bank formed to merge with Larch's subsidiary, Security Savings Bank, Larchwood, Iowa, to facilitate the conversion of its state charter from Iowa to South Dakota.
-Granted, November 1, 2013

Prosperity Bancshares, Inc., Houston, Texas -- waiver of application to acquire FVNB Corp., Victoria, in connection with the merger of their respective subsidiaries, Prosperity Bank, El Campo, and First Victoria National Bank, Victoria.
-Granted, October 30, 2013

Virginia National Bankshares Corporation, Charlottesville, Virginia -- to become a bank holding company by acquiring Virginia National Bank, Charlottesville.
-Approved, October 29, 2013

Bank Mergers

Texas First Bank, Texas City, Texas -- to acquire by merger Hull State Bank, Hull, and to establish branches at 100 Walnut Lane, Hull, and 2103 North Main Street, Liberty.
-Approved, October 30, 2013

Banks, Nonmember, and Miscellaneous Institutions

Cerberus Capital Management, L.P., New York, New York -- relief from a commitment.
-Granted, November 1, 2013

Change in Bank Control

Cornerstone Financial Corporation, Mount Laurel, New Jersey -- change in bank control of Cornerstone Financial Corporation and its subsidiary, Cornerstone Bank, Mount Laurel.
-Permitted, October 28, 2013

Extensions of Time

Community & Southern Holdings, Inc., Atlanta, Georgia -- commenter's request to extend the comment period on the application to acquire Verity Capital Group, Inc., Winder, and thereby acquire Verity Bank.
-Denied, October 28, 2013

Regulations and Policies

Regulation D (Reserve Requirements of Depository Institutions) -- annual indexation of the reserve requirement exemption amount, low reserve tranche, nonexempt deposit cutoff level, and reduced reporting limit for 2014.
-Approved, October 30, 2013

Actions under delegated authority

Actions taken during the week ending November 2, 2013