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Notice

Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities

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Information about this document as published in the Federal Register.

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This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in § 225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States.

Each notice is available for inspection at the Federal Reserve Bank indicated. The notice also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the question whether the proposal complies with the standards of section 4 of the BHC Act.

Unless otherwise noted, comments regarding the applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than January 18, 2012.

A. Federal Reserve Bank of St. Louis (Glenda Wilson, Community Affairs Officer), P.O. Box 442, St. Louis, Missouri 63166-2034:

1. First Arkansas BancShares, Inc., Jacksonville, Arkansas, to acquire 20 percent of the voting shares of FAS Capital, LLC, Atlanta, Georgia, and thereby indirectly acquire FAS Capital, LLC, Atlanta, Georgia, and thereby engage in engage in lending activities pursuant to section 225.28(b)(1) of Regulation Y.

Board of Governors of the Federal Reserve System, December 28, 2011.

Robert deV. Frierson,

Deputy Secretary of the Board.

[FR Doc. 2011-33700 Filed 1-3-12; 8:45 am]

BILLING CODE 6210-01-P