E5-7837. 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 Web site at http://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 20, 2006.

A. Federal Reserve Bank of St. Louis (Glenda Wilson, Community Affairs Officer) 411 Locust Street, St. Louis, Missouri 63166-2034:

1. FMS Bancorp, Inc., Poplar Bluff, Missouri; to acquire 100 percent of the voting shares of First Missouri State Bank of Cape County, Cape Girardeau, Missouri (in organization).

B. Federal Reserve Bank of Minneapolis (Jacqueline G. King, Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:

1. BlackRidge Financial, Inc., Fargo, North Dakota; to become a bank holding company by acquiring 100 percent of the voting shares of Valley Bancshares, Inc., Nisswa, Minnesota, and thereby indirectly acquire voting shares of Lakewood Bank, N.A., Baxter, Minnesota.

In addition, Applicant will retain its indirect 17.11 percent ownership in Union Bancshares, Inc., Fargo, North Dakota, and thereby indirectly retain ownership in Union State Bank of Fargo, Fargo, North Dakota.

Board of Governors of the Federal Reserve System, December 21, 2005.

Jennifer J. Johnson,

Secretary of the Board.