[Federal Register Volume 72, Number 180 (Tuesday, September 18, 2007)]
[Notices]
[Page 53251]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-18347]


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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 October 15, 2007.
    A. Federal Reserve Bank of St. Louis (Glenda Wilson, Community 
Affairs Officer) 411 Locust Street, St. Louis, Missouri 63166-2034:
    1. Magnolia Banking Corporation, Magnolia, Arkansas; to acquire 100 
percent of the voting shares of Southern State Bancshares, Inc., 
Malvern, Arkansas, and thereby indirectly acquire Southern State Bank, 
Malvern, Arkansas.
    B. Federal Reserve Bank of Minneapolis (Jacqueline G. King, 
Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Montana Business Capital Corporation (to be known as Bancorp of 
Montana Holding Company), Missoula, Montana; to become a bank holding 
company by acquiring 100 percent of the voting shares of Bank of 
Montana, Missoula, Montana.
     In connection with this application, applicant also has applied to 
engage in commercial and residential loan origination activities 
pursuant to section 225.28(b)(1) of Regulation Y.

    Board of Governors of the Federal Reserve System, September 13, 
2007.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E7-18347 Filed 9-17-07; 8:45 am]
BILLING CODE 6210-01-S