[Federal Register Volume 71, Number 200 (Tuesday, October 17, 2006)]
[Notices]
[Page 61059]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-17154]


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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 November 9, 2006.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. TransCommunity Financial Corporation, Glen Allen, Virginia; to 
acquire 100 percent of the voting shares of Bank of Rockbridge, 
Lexington, Virginia (in organization).
    B. Federal Reserve Bank of Atlanta (Andre Anderson, Vice President) 
1000 Peachtree Street, N.E., Atlanta, Georgia 30309:
    1. 1st Jackson Bancshares, Inc., Stevenson, Alabama; to acquire 100 
percent of the voting shares of The Peoples Bancshares, Inc., Sardis, 
Tennessee, and thereby indirectly acquire voting shares of The Peoples 
Bank, Sardis, Tennessee.
    2. Ameris Bancorp, Moultrie, Georgia; to merge with Islands 
Bancorp, and thereby indirectly acquire Islands Community Bank, 
National Association, both of Beaufort, South Carolina.
    3. CPB Bancshares, Inc., Church Point, Louisiana; to become a bank 
holding company by acquiring 100 percent of the voting shares of Church 
Point Bank and Trust Company, both of Church Point, Louisiana.
    4. Oglethorpe Bank Holding Company, Brunswick, Georgia; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
Oglethorpe Bank, Brunswick, Georgia.
    C. Federal Reserve Bank of Chicago (Patrick M. Wilder, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Northstar Financial Group, Inc., Bad Axe, Michigan; to merge 
with Valley Financial Corp., and thereby indirectly acquire voting 
shares of Community Bank, both of Caro, Michigan.

    Board of Governors of the Federal Reserve System, October 11, 
2006.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E6-17154 Filed 10-16-06; 8:45 am]
BILLING CODE 6210-01-S