[Federal Register Volume 68, Number 133 (Friday, July 11, 2003)]
[Notices]
[Page 41369]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-17541]


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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies

    The companies listed in this notice have applied to the Board for 
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 
1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other 
applicable statutes and regulations to become a bank holding company 
and/or to acquire the assets or the ownership of, control of, or the 
power to vote shares of a bank or bank holding company and all of the 
banks and nonbanking companies owned by the bank holding company, 
including the companies listed below.
    The applications listed below, as well as other related filings 
required by the Board, are available for immediate inspection at the 
Federal Reserve Bank indicated. The application also will be available 
for inspection at the offices of the Board of Governors. Interested 
persons may express their views in writing on the standards enumerated 
in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the 
acquisition of a nonbanking company, the review also includes whether 
the acquisition of the nonbanking company complies with the standards 
in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, 
nonbanking activities will be conducted throughout the United States. 
Additional information on all bank holding companies may be obtained 
from the National Information Center website at www.ffiec.gov/nic/.
    Unless otherwise noted, comments regarding each of these 
applications must be received at the Reserve Bank indicated or the 
offices of the Board of Governors not later than August 4, 2003.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. The South Financial Group, Inc., Greenville, South Carolina; to 
acquire 9.9 percent of the voting shares of Florida Banks, Inc., 
Jacksonville, Florida, and thereby indirectly acquire Florida Bank, 
National Association, Tampa, Florida.
    2. The South Financial Group, Inc., Greenville, South Carolina; to 
acquire 100 percent of the voting shares of MountainBank Financial 
Corporation, Hendersonville, North Carolina, and thereby indirectly 
acquire MountainBank, Hendersonville, North Carolina, and Community 
National Bank, Pulaski, Virginia.
    B. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Tradition Bancshares, Inc., Houston, Texas, and Tradition 
Bancshares of Delaware, Inc., Wilmington, Delaware; to become bank 
holding companies by acquiring Tradition Bank, Houston, Texas, and 
First National Bank of Bellaire, Houston, Texas.

    Board of Governors of the Federal Reserve System, July 7, 2003.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 03-17541 Filed 7-10-03; 8:45 am]
BILLING CODE 6210-01-S