Approval of proposal by Centennial Bank

The following press release was published by the Board of Governors of the Federal Reserve System on Nov. 19, 2010. It is reproduced in full below.

The Federal Reserve Board on Friday announced its approval of the proposal by Centennial Bank, Conway, Arkansas, to acquire assets and assume liabilities of Gulf State Community Bank, Carrabelle, Florida.

Attached is the Board's Order relating to this action.

Source: Board of Governors of the Federal Reserve System