[Federal Register Volume 72, Number 239 (Thursday, December 13, 2007)]
[Notices]
[Pages 70862-70863]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-24141]


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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 January 7, 2008.
    A. Federal Reserve Bank of Atlanta (David Tatum, Vice President) 
1000 Peachtree Street, N.E., Atlanta, Georgia 30309:
    1. Floridian Financial Group, Inc., Daytona Beach, Florida; to 
acquire 100 percent of the voting shares of Orange Bank of Florida, 
Orlando, Florida.
    B. Federal Reserve Bank of Chicago (Burl Thornton, Assistant Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Black River BancVenture, Inc., Memphis, Tennessee; to become a 
bank holding company by acquiring 42 percent of the voting shares of 
Michigan Community Bancorp, Ltd., and thereby indirectly acquire voting 
shares of Lakeside Community Bank, both of Sterling Heights, Michigan.
    2. Black River BancVenture, Inc., Memphis, Tennessee; to acquire 15 
percent of the voting shares of Community Shores Bank Corp., and 
thereby indirectly acquire voting shares of Community Shores Bank, both 
of Muskegon, Michigan.
    3. Black River BancVenture, Inc., Memphis, Tennessee; to acquire 15 
percent of the voting shares of Allegiance Bank of North America, Bala 
Cynwood, Pennsylvania.
    4. Black River BancVenture, Inc., Memphis, Tennessee; to acquire 15 
percent of the voting shares of Bay Commercial Bank, Walnut Creek, 
California.
    5. Capitol Bancorp LTD, and Capital Development Bancorp Limited 
VII, both of Lansing, Michigan; to acquire 51 percent of the voting 
shares of Pisgah Community Bank, Asheville, North Carolina (in 
organization).
    6. Capitol Bancorp LTD, and Capital Development Bancorp Limited 
VII, both of Lansing, Michigan; to acquire 51 percent of the voting 
shares of Colonia Bank, Phoenix, Arizona (in organization).
    7. Capitol Bancorp LTD, and Capital Development Bancorp Limited 
VII, both of Lansing, Michigan; to acquire 51 percent of the voting 
shares of Reidsville Community Bank, Reidsville, North Carolina (in 
organization).
    C. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. CSB Financial Corporation; to become a bank holding company by 
acquiring 100 percent of the voting shares of Citizens State Bank, both 
of Miles, Texas.


[[Page 70863]]


    Board of Governors of the Federal Reserve System, December 10, 
2007.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E7-24141 Filed 12-12-07; 8:45 am]
BILLING CODE 6210-01-S