Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 22577 [2012-9032]
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Federal Register / Vol. 77, No. 73 / Monday, April 16, 2012 / Notices
Commission’s Rules of Practice and
Procedure, 46 CFR 502.2, as well as
being mailed directly to all parties of
record;
Finally, it is ordered That pursuant to
the terms of Rule 61 of the
Commission’s Rules of Practice and
Procedure, 46 CFR 502.61, the final
decision of the Commission in this
proceeding shall be issued by August 9,
2012.
necessary to facilitate settlement of the
Federal Reserve’s agency MBS
transactions. The System Open Market
Account Manager and the Secretary will
keep the Committee informed of
ongoing developments regarding the
System’s balance sheet that could affect
the attainment over time of the
Committee’s objectives of maximum
employment and price stability.
By order of the Federal Open Market
Committee, April 9, 2012.
William B. English,
Secretary, Federal Open Market Committee.
[FR Doc. 2012–9099 Filed 4–13–12; 8:45 am]
[FR Doc. 2012–8918 Filed 4–13–12; 8:45 am]
BILLING CODE 6730–01–P
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
FEDERAL RESERVE SYSTEM
Federal Open Market Committee;
Domestic Policy Directive of March 13,
2012
emcdonald on DSK29S0YB1PROD with NOTICES
By the Commission.
Karen V. Gregory,
Secretary.
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
In accordance with Section 271.7(d)
of its rules regarding availability of
information (12 CFR part 271), there is
set forth below the domestic policy
directive issued by the Federal Open
Market Committee at its meeting held
on March 13, 2012.1
The Federal Open Market Committee
seeks monetary and financial conditions
that will foster price stability and
promote sustainable growth in output.
To further its long-run objectives, the
Committee seeks conditions in reserve
markets consistent with federal funds
trading in a range from 0 to 1⁄4 percent.
The Committee directs the Desk to
continue the maturity extension
program it began in September to
purchase, by the end of June 2012,
Treasury securities with remaining
maturities of approximately 6 years to
30 years with a total face value of $400
billion, and to sell Treasury securities
with remaining maturities of 3 years or
less with a total face value of $400
billion. The Committee also directs the
Desk to maintain its existing policies of
rolling over maturing Treasury
securities into new issues and of
reinvesting principal payments on all
agency debt and agency mortgagebacked securities in the System Open
Market Account in agency mortgagebacked securities in order to maintain
the total face value of domestic
securities at approximately $2.6 trillion.
The Committee directs the Desk to
engage in dollar roll transactions as
1 Copies of the Minutes of the Federal Open
Market Committee at its meeting held on March 13,
2012, which includes the domestic policy directive
issued at the meeting, are available on the Board’s
Web site, www.federalreserve.gov. The minutes are
also published in the Federal Reserve Bulletin and
in the Board’s Annual Report.
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14:39 Apr 13, 2012
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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 May 11, 2012.
A. Federal Reserve Bank of Kansas
City (Dennis Denney, Assistant Vice
President) 1 Memorial Drive, Kansas
City, Missouri 64198–0001:
1. FNB Bancshares, Inc.,
Independence, Kansas; to become a
bank holding company by acquiring 100
percent of the voting shares of First
National Bank, Independence, Kansas.
PO 00000
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22577
B. Federal Reserve Bank of San
Francisco (Kenneth Binning, Vice
President, Applications and
Enforcement) 101 Market Street, San
Francisco, California 94105–1579:
1. Carpenter Fund Manager GP, LLC,
Carpenter Fund Management Company,
LLC, Carpenter Community Bancfund,
L.P., Carpenter Community BanFund—
A, L.P., Carpenter Community
BandFund—CA, L.P., CCFW, Inc., and
Carpenter Bank Partners, Inc., all in
Irvine, California; to acquire additional
voting shares, for a total of
approximately 78 percent of the voting
shares, of Manhattan Bancorp, and
thereby indirectly acquire additional
voting shares of Bank of Manhattan,
National Association, both in El
Segundo, California.
Board of Governors of the Federal Reserve
System, April 11, 2012.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2012–9032 Filed 4–13–12; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies;
Correction
This notice corrects a notice (FR Doc.
2012–08198) published on page 20635
of the issue for Thursday, April 5, 2012.
Under the Federal Reserve Bank of
Kansas City heading, the entry for
Arthur L. Loomis, II, Patricia A. Loomis,
Genevieve E. Loomis, and Julia P.
Loomis, all of Niskayuna, New York;
Frederick S. Loomis, Anne M. Loomis,
and J. Porter Loomis, all of Pratt,
Kansas; Howard K. Loomis, Jr., Karen P.
Loomis, Katherine P. Loomis, Margaret
P. Loomis, and Victoria K. Loomis, all of
Los Gatos, California, as individuals
and/or trustees of the 2011 Arthur L.
Loomis, II Gift Trust, Julia P. Loomis
Revocable Trust, Arthur L. Loomis, II
Revocable Trust, Genevieve E. Loomis
Revocable Trust, all of Niskayuna, New
York; Howard K. Loomis Revocable
Trust, 2010 Howard K. Loomis
Irrevocable Family Trust, Porter Legacy
Trust, Florence Porter Loomis Trust,
2010 Florence Porter Loomis Irrevocable
Family Trust, 2011 Frederick S. Loomis
Gift Trust, 2011 J. Porter Loomis Gift
Trust, all of Pratt, Kansas; 2011 Howard
K. Loomis Jr. Gift Trust, The Loomis
1993 Revocable Trust, both of Los Gatos,
California; and Flopper, L.P., How-Kan,
L.P., and Driftwood, LLC, all of Pratt,
Kansas; and all as members of the
Loomis Family Group, is revised to read
as follows:
E:\FR\FM\16APN1.SGM
16APN1
Agencies
[Federal Register Volume 77, Number 73 (Monday, April 16, 2012)]
[Notices]
[Page 22577]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-9032]
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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 May 11, 2012.
A. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:
1. FNB Bancshares, Inc., Independence, Kansas; to become a bank
holding company by acquiring 100 percent of the voting shares of First
National Bank, Independence, Kansas.
B. Federal Reserve Bank of San Francisco (Kenneth Binning, Vice
President, Applications and Enforcement) 101 Market Street, San
Francisco, California 94105-1579:
1. Carpenter Fund Manager GP, LLC, Carpenter Fund Management
Company, LLC, Carpenter Community Bancfund, L.P., Carpenter Community
BanFund--A, L.P., Carpenter Community BandFund--CA, L.P., CCFW, Inc.,
and Carpenter Bank Partners, Inc., all in Irvine, California; to
acquire additional voting shares, for a total of approximately 78
percent of the voting shares, of Manhattan Bancorp, and thereby
indirectly acquire additional voting shares of Bank of Manhattan,
National Association, both in El Segundo, California.
Board of Governors of the Federal Reserve System, April 11,
2012.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2012-9032 Filed 4-13-12; 8:45 am]
BILLING CODE 6210-01-P