FRB: H.2--Actions under delegated authority--Week ending June 16, 2012

FirstBank, Lakewood, Colorado -- to establish a branch at 2014 Grand Avenue, Glenwood Springs.
-Approved, June 14, 2012

Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan, Brandon, Mississippi, and Community Bancshares of Mississippi, Inc. -- to acquire Community Holding Company of Florida, Inc., Miramar Beach, Florida, and its subsidiary bank, Community Bank, Destin.
-Approved, June 14, 2012

CU Bancorp, Encino, California -- to become a bank holding company by acquiring California United Bank, Encino, and to merge with Premier Commercial Bancorp, Anaheim, and thereby acquire its subsidiary bank, Premier Commercial Bank, National Association.
-Approved, June 11, 2012

First Foundation Inc., Irvine, California -- (1) to become a bank holding company on conversion of its subsidiary savings bank, First Foundation Bank, Irvine, to a commercial bank and (2) to engage in financial and investment advisory activities through its subsidiary, First Foundation Advisors.
-Approved, June 13, 2012

Franklin Resources, Inc., San Mateo, California -- to acquire shares of Oriental Financial Group, Inc., San Juan, Puerto Rico, and its subsidiary bank, Oriental Bank & Trust.
-Approved, June 11, 2012

Johnston Growth Corporation, Johnston, Iowa -- to become a bank holding company on conversion of its subsidiary savings bank, Charter Bank, Johnston, to a state-chartered bank.
-Approved, June 11, 2012

Prime Time Investments Group, LLC, Wray, Colorado -- to become a bank holding company and to acquire shares of Investment Opts, LLC, Bethune; its subsidiary holding company, FarmBank Holding, Inc., Greeley; and its subsidiary bank, First FarmBank.
-Approved, June 15, 2012

Valley Bank Shares, Inc., Valley, Nebraska -- to acquire through its subsidiary, First National Agency Company, Valley, the insurance agency assets of Avoca Company, Avoca.
-Approved, June 15, 2012

Centennial Bank, Conway, Arkansas -- to purchase the assets and assume certain liabilities of Putnam State Bank, Palatka, Florida, and to establish branches.
-Withdrawn, June 13, 2012

JAM Special Opportunities Fund II, LP, New York, New York -- modification of a commitment in connection with JAM's investment in Silvergate Capital Corporation, La Jolla, California.
-Granted, June 15, 2012

The Community Bank of East Tennessee, Clinton, Tennessee -- change in bank control of Community Bank.
-Permitted, June 15, 2012

First Mid-Illinois Bancshares, Inc., Mattoon, Illinois -- change in bank control of First Mid-Illinois Bancshares, Mattoon, and its subsidiary bank, First Mid-Illinois Bank & Trust, National Association.
-Permitted, June 15, 2012

Odem Bancshares, Inc., Odem, Texas -- change in bank control of Odem Bancshares, Odem, and its subsidiary bank, First State Bank of Odem, and request for a determination of qualified family partnership status.
-Permitted, June 11, 2012

Plains Bancorp, Inc., Dimmitt, Texas -- change in bank control of Plains Bancorp, Dimmitt, and its subsidiary bank, First United Bank.
-Permitted, June 15, 2012

Summit Financial Group, Inc., Moorefield, West Virginia -- to retain control of Summit Financial Group, Moorefield, and its subsidiary bank, Summit Community Bank, Inc.
-Permitted, June 15, 2012

Minnehaha Banshares, Inc., Sioux Falls, South Dakota -- election to become a financial holding company.
-Effective, June 12, 2012

Lake Forest Bank & Trust Company, Lake Forest, Illinois -- to establish FIFC Edge International Corp. (FEIC), Lake Forest; to invest in FEIC; and through FEIC to make an initial investment in a foreign subsidiary, First Insurance Funding of Canada, Inc., Toronto, Canada.
-Approved, May 31, 2012
(A/C)

Brookline Bank, Brookline, Massachusetts -- to become a member of the Federal Reserve System.
-Approved, June 15, 2012

Equity Bank, A National Association, Andover, Kansas -- to retain membership in the Federal Reserve System on conversion to a state-chartered bank.
-Approved, June 12, 2012

First Citizens National Bank, Mansfield, Pennsylvania -- to retain membership in the Federal Reserve System on conversion to a state-chartered bank.
-Approved, June 14, 2012

Actions under delegated authority

Actions taken during the week ending June 16, 2012

Bank Branches, Domestic

Bank Holding Companies

Bank Mergers

Banks, Nonmember, and Miscellaneous Institutions

Change in Bank Control

Financial Holding Companies

International Operations

Membership