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Notice

Formations of, Acquisitions by, and Mergers of Bank Holding Companies

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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 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 March 24, 2008.

A. Federal Reserve Bank of Atlanta (David Tatum, Vice President) 1000 Peachtree Street, N.E., Atlanta, Georgia 30309:

1. First Guaranty Bancshares, Inc., to merge with First Community Holding Company, and thereby indirectly acquire voting shares of First Community Bank, all of Hammond, Louisiana.

B. Federal Reserve Bank of St. Louis (Glenda Wilson, Community Affairs Officer) 411 Locust Street, St. Louis, Missouri 63166-2034:Start Printed Page 11119

1. Parkside Financial, Inc.; to become a bank holding company by acquiring 100 percent of the voting shares of Parkside Financial Bank & Trust (in organization), both of Clayton, Missouri.

C. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:

1. First Graham Bancorp, Inc., Graham, Texas, and First Graham Delaware Corporation, Dover, Delaware; to acquire 100 percent of the voting shares of Surety Bank, Fort Worth, Texas.

D. Federal Reserve Bank of San Francisco (Tracy Basinger, Director, Regional and Community Bank Group) 101 Market Street, San Francisco, California 94105-1579:

1. Porter Mountain III, LLP, to become a bank holding company by acquiring 30 percent of the voting shares of Grand Valley Corporation, both of Grand Junction, Colorado, and thereby acquire voting shares of Grand Valley National Bank, Heber City, Utah.

In connection with this application, Applicant also has applied to engage de novo in extending credit and servicing loans pursuant to section 225.28(b)(1) of Regulation Y.

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Board of Governors of the Federal Reserve System, February 25, 2008.

Robert deV. Frierson,

Deputy Secretary of the Board.

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[FR Doc. E8-3868 Filed 2-28-08; 8:45 am]

BILLING CODE 6210-01-S