Actions under delegated authority

Actions taken during the week ending November 30, 2013

Bank Branches, Domestic

Dallas

Frost Bank, San Antonio, Texas -- to establish a branch at 1800 Post Oak Boulevard, Houston.
-Approved, November 25, 2013

Bank Holding Companies

San Francisco

East West Bancorp, Inc., Pasadena, California -- waiver of application to merge with MetroCorp Bancshares, Inc., Houston, Texas, in connection with the mergers of MetroBank, National Association, and Metro United Bank, San Diego, California, with and into East West's subsidiary bank, East West Bank, Pasadena.
-Granted, November 26, 2013

Banks, Nonmember, and Miscellaneous Institutions

Director, BS&R

JAM Consolidation Fund, LP, New York, New York; JAM Managers LLC; and Jacobs Asset Management, LLC -- relief from certain commitments.
-Granted, November 25, 2013

Change in Bank Control

Chicago

Central South Bancorporation, Inc., Indianola, Iowa -- change in bank control of Central South Bancorporation and its subsidiary, Peoples Savings Bank, Indianola.
-Permitted, November 25, 2013

Extensions of Time

Director, BS&R

Deutsche Bank Trust Company Americas, New York, New York -- extension of time to conduct and report the results of a required stress test.
-Granted, November 27, 2013

Secretary

Umpqua Holdings Corporation, Portland, Oregon -- commenter's request to extend the comment period on the application to merge with Sterling Financial Corporation, Spokane, Washington, and thereby acquire Sterling Savings Bank.
-Denied, November 27, 2013

Membership

Kansas City

Enterprise Bank, National Association, Omaha, Nebraska -- to retain membership in the Federal Reserve System on conversion from a national to a state charter.
-Approved, November 27, 2013

Boston

Southbridge Savings Bank, Southbridge, Massachusetts -- to become a member of the Federal Reserve System.
-Approved, November 27, 2013

Savings and Loan Holding Companies

Philadelphia

Fox Chase Bancorp, Inc., Hatboro, Pennsylvania -- relief from certain commitments.
-Granted, November 26, 2013