FRB: H.2--Actions under delegated authority--Week ending February 19, 2011

Community Bank of Tri-County, Waldorf, Maryland -- to establish a branch at the intersection of Route 301 and Commerce Drive, Dahlgren, Virginia.
-Approved, February 16, 2011

Sandy Spring Bank, Olney, Maryland -- to establish a branch at 550 North Quincy Street, Arlington, Virginia.
-Approved, February 18, 2011

American State Bancshares, Inc., Great Bend, Kansas -- to acquire ASB Holdings, LLC, Great Bend, and thereby engage in information technology consulting services.
-Approved, February 14, 2011

Bank of Nova Scotia, Toronto, Canada -- to engage, on a limited basis, in physical commodity trading activities as activities that are complementary to a financial activity.
-Approved, February 17, 2011

BankFinancial Corporation, Burr Ridge, Illinois -- waiver of application to acquire DG Bancorp, Inc., Downers Grove, in connection with the merger of their respective subsidiary banks, BankFinancial, F.S.B., Olympia Fields, and Downers Grove National Bank, Downers Grove.
-Granted, February 15, 2011

Community Bancorp LLC, Houston, Texas -- to become a bank holding company and to acquire Cadence Financial Corporation, Starkville, Mississippi, and thereby acquire Cadence Bank, N.A.
-Approved, February 14, 2011

Community Bancorp LLC, Houston, Texas -- request for an exemption under the Depository Institution Management Interlocks Act and Regulation L.
-Granted, February 14, 2011

Community Bank System, Inc., Dewitt, New York -- waiver of application to merge with The Wilber Corporation, Oneonta, in connection with the merger of their respective subsidiary banks, Community Bank, National Association, Canton, and Wilber National Bank, Oneonta.
-Withdrawn, February 15, 2011

Lightyear Capital LLC, New York, New York -- request for an exemption under the Depository Institution Management Interlocks Act and Regulation L to permit an individual to serve as a director of Cascade Bancorp, Bend, Oregon, while continuing to serve as a director of Community & Southern Holdings, Inc., Carrollton, Georgia, and Community & Southern Bank.
-Granted, February 14, 2011

Sulphur Springs Bancshares, Inc., Sulphur Springs, Texas -- to acquire by merger First Mineola, Inc., Mineola, and indirectly acquire The First National Bank of Mineola.
-Approved, February 14, 2011

Centennial Bank, Conway, Arkansas -- to purchase the assets and assume the deposit liabilities of Sunshine State Community Bank, Port Orange, Florida, and to retain the acquired facilities as branches.
-Withdrawn, February 15, 2011

Union First Market Bank, Richmond, Virginia -- to acquire certain assets and assume certain liabilities of the Harrisonburg branch of NewBridge Bank, Greensboro, North Carolina.
-Approved, February 16, 2011

Amsterdam Bancshares, Inc., Amsterdam, Missouri -- change in bank control of Amsterdam and its subsidiary bank, Citizens Bank, Amsterdam.
-Withdrawn, February 17, 2011

Central Pacific Financial Corp., Honolulu, Hawaii -- change in bank control of Central Pacific and its subsidiary bank, Central Pacific Bank, Honolulu (two notices).
-Permitted, February 16, 2011

First Rushmore Bancorporation, Inc., Worthington, Minnesota -- change in bank control of First Rushmore and its subsidiary bank, First State Bank Southwest, Pipestone.
-Permitted, February 17, 2011

Florida Capital Group, Inc., Jacksonville, Florida -- to retain control of Florida Capital and its subsidiary bank, Florida Capital Bank, Jacksonville.
-Permitted, February 18, 2011

Southeastern Bancshares, Inc., Broken Bow, Oklahoma -- to retain control of Southeastern and its subsidiary bank, 1st Bank & Trust, Broken Bow.
-Permitted, February 16, 2011

Rockville Financial, Inc., Rockville, Connecticut -- extension to May 19, 2011, to acquire Rockville Bank, Rockville, in connection with the reorganization of Rockville Financial, MHC, from mutual to stock form.
-Granted, February 17, 2011

Sugar River Bancorp, MHC, Newport, New Hampshire -- extension to April 15, 2011, to become a mutual bank holding company and to acquire Sugar River Bank, Newport.
-Granted, February 18, 2011

Summit Bank, Arkadelphia, Arkansas -- to become a member of the Federal Reserve System.
-Approved, February 17, 2011

Federal Open Market Committee -- minutes of the meeting on January 25-26, 2011.
-Published, February 16, 2011

Actions under delegated authority

Actions taken during the week ending February 19, 2011

Bank Branches, Domestic

Bank Holding Companies

Bank Mergers

Change in Bank Control

Extensions of Time

Membership

Regulations and Policies