[Federal Register Volume 71, Number 35 (Wednesday, February 22, 2006)]
[Notices]
[Page 9128]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-2458]


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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 Web site 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 March 17, 2006.
    A. Federal Reserve Bank of Atlanta (Andre Anderson, Vice President) 
1000 Peachtree Street, N.E., Atlanta, Georgia 30303:
    1. Security Bank Corporation, Macon, Georgia; to merge with 
Neighbors Bancshares, Inc., and thereby indirectly acquire Neighbors 
Bank, both of Alpharetta, Georgia.
    B. Federal Reserve Bank of St. Louis (Glenda Wilson, Community 
Affairs Officer) 411 Locust Street, St. Louis, Missouri 63166-2034:
    1. American Founders Bancorp, Inc., Frankfort, Kentucky; to become 
a bank holding company by acquiring 100 percent of the voting shares of 
American Founders Bank, Inc., Frankfort, Kentucky. American Founders 
Bancorp, Inc., also proposes to acquire 100 percent of the voting 
shares of First Security Bancorp, Inc., Lexington, Kentucky, and 
thereby indirectly acquire First Security Bank of Lexington, Inc., 
Lexington, Kentucky.
    In connection with this application, Applicant also has applied to 
acquire 50 percent of the voting shares of Peoples Secure, LLC, 
Lexington, Kentucky, and thereby indirectly engage in data processing 
activities, pursuant to section 225.28(b)(14)(i) of Regulation Y.
    C. Federal Reserve Bank of Minneapolis (Jacqueline G. King, 
Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Westbrand, Inc., Minot, North Dakota; to acquire 100 percent of 
the voting shares of First Western Bank, Eden Prairie, Minnesota, a de 
novo bank.
    D. Federal Reserve Bank of Kansas City (Donna J. Ward, Assistant 
Vice President) 925 Grand Avenue, Kansas City, Missouri 64198-0001:
    1. KansasLand Bancshares, Inc., Quinter, Kansas; to become a bank 
holding company by acquiring 87 percent of the voting shares of Flint 
Hills Financial Services Corporation, and thereby indirectly acquire 
Americus State Bank (to be known as KansasLand Bank), both of Americus, 
Kansas.

    Board of Governors of the Federal Reserve System, February 16, 
2006.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E6-2458 Filed 2-21-06; 8:45 am]
BILLING CODE 6210-01-S