[Federal Register Volume 77, Number 191 (Tuesday, October 2, 2012)]
[Notices]
[Page 60119]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-24201]


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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 applications will also 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.
    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 27, 2012.
    A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice 
President) 1000 Peachtree Street, NE., Atlanta, Georgia 30309:
    1. Independent Bancshares, Inc. Employee Stock Ownership Plan, Red 
Bay, Alabama; to acquire an additional 1.5 percent, for a total of 48 
percent, of the voting shares of Independent Bancshares, Inc., and 
thereby indirectly acquire additional voting shares of Community Spirit 
Bank, both in Red Bay, Alabama.
    B. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant 
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:
    1. Luxury Development Partners, Inc., Wichita, Kansas; to become a 
bank holding company by acquiring, together with its owners, more than 
25 percent of the voting shares Community State Bancshares, and 
Community State Bank, both in Wichita, Kansas.

    Board of Governors of the Federal Reserve System, September 27, 
2012.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2012-24201 Filed 10-1-12; 8:45 am]
BILLING CODE 6210-01-P