Board issues enforcement actions with First Chatsworth Bankshares, Inc., First National Bancshares of Central Alabama, Inc., FC Holdings, Inc., and Southern Community Financial Corporation

The following press release was published by the Board of Governors of the Federal Reserve System on June 28, 2011. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of the following enforcement actions: First Chatsworth Bankshares, Inc. (54 KB PDF), Chatsworth, Georgia Written Agreement dated June 22, 2011 First National Bancshares of Central Alabama, Inc. (55 KB PDF), Aliceville, Alabama Written Agreement dated June 23, 2011 JLL Associates G.P. FCH, L.L.C., JLL Associates FCH, L.P., JLL Partners Fund FCH, L.P., JLL/FCH Holdings I, L.L.C, (78 KB PDF), all of New York, New York and FC Holdings, Inc., Webster, Texas Written Agreement dated June 21, 2011 Southern Community Financial Corporation (71 KB PDF), Winston-Salem, North Carolina Written Agreement dated June 23, 2011 Search of Federal Reserve enforcement actions.

Source: Board of Governors of the Federal Reserve System