Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 38

Week Ending September 19, 1998

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions September 13, 1998 to September 19, 1998

Testimony And Statements

International financial system -- statement by Chairman Greenspan before the House 

Committee on Banking and Financial Services, September 16, 1998.

- Published, September 16, 1998 

Year 2000 issues -- statement by Governor Kelley before the House Committee on 

Banking and Financial Services, September 17, 1998.

- Published, September 17, 1998 

Bank Holding Companies

Banc One Corporation, Columbus, Ohio -- to merge with First Chicago NBD 

Corporation, Chicago, Illinois, and acquire its bank, nonbank, and foreign 

subsidiaries.

- Approved, September 14, 1998 

Royal Bank of Canada, Montreal, Quebec, Canada -- request for reconsideration of 

the Board's approval of the notice to acquire New Security First Network Bank, 

Miami, Florida.

- Denied, September 13, 1998 

(AC) = Addition or Correction Board - Page 1 of 1
September 13, 1998 to September 19, 1998

BS&R

C&CA

FOMC

RBOPS

IF

OSDM

Banking Supervision and Regulation

Consumer and Community Affairs

Federal Open Market Committee

Reserve Bank Operations and Payment

International Fiance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

Commonwealth Bank, Richmond, Virginia -- to establish a branch at 707 East Main 

Street.

- Approved, September 14, 1998 

Richmond

Crestar Bank, Richmond, Virginia -- to establish a branch at 4740 Cherry Hill Road, 

College Park, Maryland.

- Approved, September 14, 1998 

Richmond

F & M Bank - Richmond, Richmond, Virginia -- to establish a branch at 17650 

Midlothian Turnpike, Midlothian, Virginia.

- Approved, September 14, 1998 

Richmond

F & M Bank - Richmond, Richmond, Virginia -- to establish a branch at 4851 South 

Laburnum Avenue.

- Approved, September 14, 1998 

Richmond

First Virginia Bank - Colonial, Richmond, Virginia -- to establish a branch at 6127 

Mechanicsville Turnpike, Mechanicsville, Virginia.

- Approved, September 14, 1998 

Richmond

Liberty Bank, South San Francisco, California -- to establish a branch at 6221 

Graham Hill Road, Felton, California.

- Approved, September 18, 1998 

San Francisco

Michigan Heritage Bank, Novi, Michigan -- to establish a branch at 1917 East Big 

Beaver Road, Troy, Michigan.

- Approved, September 14, 1998 

Chicago

(AC) = Addition or Correction Delegated - Page 1 of 11
H.2 Actions under delegated authority September 13, 1998 to September 19, 1998

Bank Branches, Domestic

Republic Security Bank, West Palm Beach, Florida -- to establish a branch at 5131 

Congress Avenue, Boca Raton, Florida.

- Approved, September 18, 1998 

Atlanta

Union Bank of Illinois, Swansea, Illinois -- to establish a branch at 102 Duncan 

Street, Marine, Illinois.

- Approved, September 14, 1998 

St. Louis

Bank Holding Companies

Associated Banc-Corp., Green Bay, Wisconsin -- to acquire Associated Bank 

Illinois, National Association, Rockford, Illinois.

- Approved, September 15, 1998 

Chicago

Banc Corporation, Birmingham, Alabama -- to merge with Warrior Capital 

Corporation and acquire The Bank.

- Withdrawn, September 15, 1998 

Atlanta

Banque Nationale de Paris, Paris, France -- to acquire shares of First Hawaiian, Inc., 

Honolulu, Hawaii; and to acquire First Hawaiian Bank; Pacific One Bank, Portland, 

Oregon; and FHL Lease Holding Company, Honolulu.

- Approved, September 17, 1998 

San Francisco

Baylake Corp., Sturgeon Bay, Wisconsin -- to acquire Evergreen Bank, National 

Association, Poysippi, Wisconsin.

- Approved, September 17, 1998 

Chicago

Centennial Bankshares, Inc., Ogden, Utah -- to become a bank holding company as 

part of a corporate reorganization involving the ownership of Centennial Bank.

- Approved, September 18, 1998 

San Francisco

(AC) = Addition or Correction Delegated - Page 2 of 11
H.2 Actions under delegated authority September 13, 1998 to September 19, 1998

Bank Holding Companies

Community West Bancshares, Goleta, California -- to acquire Palomar Savings and 

Loan Association, Escondido, California.

- Approved, September 14, 1998 

San Francisco

Eagle Lake Bancshares, Inc., Eagle Lake, Texas -- to acquire FINABEL 

Corporation, Dover, Delaware, and First National Bank, Eagle Lake, Texas.

- Approved, September 16, 1998 

Dallas

Eggemeyer Advisory Corp, Rancho Santa Fe, California; Castle Creek Capital LLC; 

and Castle Creek Capital Partners Fund-I, L.P. -- to acquire shares of Continental 

National Bancshares, Inc., El Paso, Texas, through National Bancshares, Inc., 

Lubbock, Texas.

- Approved, September 14, 1998 

San Francisco

FINABEL Corporation, Dover, Delaware -- to acquire First National Bank, Eagle 

Lake, Texas.

- Approved, September 16, 1998 

Dallas

Financial Investors of the South, Inc., Birmingham, Alabama -- to acquire an interest 

in Alabama Lenders Institute, Decatur, Alabama, and engage in providing 

management consulting advice. 

- Approved, September 17, 1998 

Atlanta

First Bancorp, San Juan, Puerto Rico -- to become a bank holding company with 

respect to FirstBank Puerto Rico.

- Approved, September 14, 1998 

New York

First Citizens Corporation, Newnan, Georgia -- request for waiver of commitment.

- Granted, September 15, 1998 

Atlanta

(AC) = Addition or Correction Delegated - Page 3 of 11
H.2 Actions under delegated authority September 13, 1998 to September 19, 1998

Bank Holding Companies

First Hawaiian, Inc., Honolulu, Hawaii -- to acquire BankWest Corporation, San 

Francisco, California.

- Approved, September 17, 1998 

San Francisco

First Pecos Bancshares, Inc., Midland, Texas -- to acquire First Alpine, Inc., Alpine, 

Texas; Alpine Delaware Financial Corporation, Dover, Delaware; and First National 

Bank in Alpine, Alpine, Texas.

- Approved, September 16, 1998 

Dallas

FLAG Financial Corporation, LaGrange, Georgia -- to acquire E.B.C. Financial 

Services, Inc., Homerville, Georgia, and engage in insurance agency activities in a 

town under 5000.

- Approved, September 16, 1998 

Atlanta

FLAG Financial Corporation, LaGrange, Georgia -- to merge with Empire Bank 

Corp., Homerville, Georgia.

- Approved, September 16, 1998 

Atlanta

Franklin Bancorp, Inc., Minneapolis, Minnesota -- to engage de novo in making 

Small Business Administration loans.

- Approved, September 17, 1998 

Minneapolis

Keene Bancorp, Inc., 401(k) Employee Stock Ownership Plan & Trust, Keene, 

Texas -- to acquire Keene Bancorp, Inc., and First State Bank.

- Approved, September 16, 1998 

Dallas

Maryland Permanent Capital Corporation, Owings Mills, Maryland -- to acquire 

Maryland Permanent Bank & Trust Co., and to engage in mortgage banking and 

leasing activities.

- Approved, September 18, 1998 

Richmond

(AC) = Addition or Correction Delegated - Page 4 of 11
H.2 Actions under delegated authority September 13, 1998 to September 19, 1998

Bank Holding Companies

National City Bancshares, Inc., Evansville, Indiana -- to acquire, through merger, 

Commonwealth Commercial Corp., Crittenden, Kentucky, and Bank of Crittenden.

- Approved, September 15, 1998 

St. Louis

NCB Holdings, Inc., Chicago, Illinois -- to acquire New Century Bank.

- Approved, September 14, 1998 

Chicago

Northern Star Financial, Inc., Mankato, Minnesota -- to acquire Northern Star Bank.

- Returned, September 16, 1998 

Minneapolis

Popular, Inc., Hato Rey, Puerto Rico -- waiver of the remainder of the 45-day 

notification period to acquire shares of Banco Gerencial & Fiduciario Dominicano, 

S.A., Santo Domingo, Dominican Republic.

- Granted, September 15, 1998 

Director, BS&R

Popular, Inc., Hato Rey, Puerto Rico; Popular International Bank, Inc.; and Popular 

North America, Inc., Mt. Laurel, New Jersey -- to acquire Gore Bronson Bancorp, 

Inc., Prospect Heights, Illinois; The Bronson-Gore Bank; The Irving Bank, Chicago, 

Illinois; and Water Tower Bank.

- Approved, September 17, 1998 

New York

Popular, Inc., Hato Rey, Puerto Rico; Popular International Bank, Inc.; and Popular 

North America, Inc., Mt. Laurel, New Jersey -- to acquire First State Bank of 

Southern California, Santa Fe Springs, California.

- Approved, September 17, 1998 

New York

Sequatchie Valley Bancshares, Inc., Dunlap, Tennessee -- to acquire Commercial 

Bancshare Services, Inc., Birmingham, Alabama, and engage in data processing 

activities.

- Approved, September 18, 1998 

Atlanta

(AC) = Addition or Correction Delegated - Page 5 of 11
H.2 Actions under delegated authority September 6, 1998 to September 12, 1998

Bank Holding Companies

St. Francis Capital Corporation, Milwaukee, Wisconsin -- waiver of application to 

acquire Reliance Bancshares, Inc., and Reliance Savings Bank.

- Granted, September 11, 1998 (AC)

Chicago

Sterling Bancshares, Inc., Houston, Texas, and Sterling Bancorporation, Inc., 

Wilmington, Delaware -- to acquire Hometown Bancshares, Inc., Houston, Texas, 

and Clear Lake National Bank.

- Approved, September 16, 1998 

Dallas

Unionbancorp, Inc., Ottawa, Illinois -- to acquire Mercier Insurance Agency, L.P., 

Spring Valley, Illinois, and Bryan Insurance Associates, Ltd., and engage in securities 

brokerage and general insurance activities in a town under 5000.

- Approved, September 10, 1998 (AC)

Chicago

Upson Bancshares, Inc., Thomaston, Georgia -- to acquire First Finance Co. of 

Thomaston, Inc., and engage in lending activities or other extensions of credit by a 

finance company and related insurance activities in a town under 5000.

- Approved, September 16, 1998 

Atlanta

Voyager Financial Services Corporation, Eden Prairie, Minnesota -- to become a 

bank holding company on conversion of The Family Bank, f.s.b., to a state-chartered 

commercial bank to be known as Voyager Bank; and to engage in brokering 

mortgage loans through Voyager Mortgage Corporation.

- Approved, September 17, 1998 

Minneapolis

Western Sierra Bancorp, Cameron Park, California -- to merge with Roseville 1st 

Community Bancorp, Roseville, California, and acquire Roseville 1st National Bank.

- Approved, September 17, 1998 

San Francisco

WFC, Inc., Waukon, Iowa -- to acquire Iowa State Bank, Oelwein, Iowa.

- Approved, September 16, 1998 

Chicago

(AC) = Addition or Correction Delegated - Page 6 of 11
H.2 Actions under delegated authority September 13, 1998 to September 19, 1998

Bank Mergers

FCNB Bank, Frederick, Maryland -- to merge with Capital Bank, National 

Association, Rockville, Maryland.

- Approved, September 15, 1998 

Richmond

Banks, State Member

AmTrade International Bank of Georgia, Atlanta, Georgia -- request for waiver of 

commitment.

- Granted, September 16, 1998 

Atlanta

Centura Bank, Rocky Mount, North Carolina -- to acquire certain assets and assume 

certain liabilities of Clyde Savings Bank, Franklin, North Carolina.

- Approved, September 15, 1998 

Secretary

Eaton Bank, Eaton, Colorado -- to acquire the Fort Collins branch of Farmers Bank, 

Fort Collins, Colorado.

- Approved, September 16, 1998 

Kansas City

Westamerica Bank, San Rafael, California -- payment of a dividend.

- Approved, September 14, 1998 

San Francisco

Change In Bank Control

Citizens State Bank of Arlington, Arlington, South Dakota -- change in bank control.

- Returned, September 18, 1998 

Minneapolis

Marked Tree Bancshares, Inc., Marked Tree, Arkansas -- change in bank control.

- Permitted, September 17, 1998 

St. Louis

(AC) = Addition or Correction Delegated - Page 7 of 11
H.2 Actions under delegated authority September 13, 1998 to September 19, 1998

Change In Bank Control

Solvay Bank Corp., Solvay, New York -- change in bank control.

- Permitted, September 17, 1998 

New York

Competitive Factors Reports

American Bank of Rock Island, Rock Island, Illinois -- report on competitive factors 

of the proposed merger with American Bank and Trust Company, Davenport, Iowa.

- Submitted, September 18, 1998 

Chicago

Bank of Edwardsville, Edwardsville, Illinois -- report on competitive factors of the 

proposed merger with Omni Bank, Pontoon Beach, Illinois.

- Submitted, September 17, 1998 

St. Louis

Branch Banking and Trust Company, Winston-Salem, North Carolina -- report on 

competitive factors of the proposed merger with Maryland Federal Bank, Hyattsville, 

Maryland.

- Submitted, September 15, 1998 

Richmond

Community Savings Bancshares, Inc., North Palm Beach, Florida -- report on 

competitive factors of the proposed acquisition of Community Federal Interim 

Savings & Loan Association.

- Submitted, September 16, 1998 

Atlanta

Corus Bank, National Association, Chicago, Illinois -- report on competitive factors 

of the proposed purchase of certain assets and assumption of certain liabilities of 

LaSalle National Bank.

- Submitted, September 17, 1998 

Chicago

(AC) = Addition or Correction Delegated - Page 8 of 11
H.2 Actions under delegated authority September 13, 1998 to September 19, 1998

Competitive Factors Reports

First-Citizens Bank and Trust Company of South Carolina, Columbia, South 

Carolina -- report on competitive factors of the proposed purchase of certain assets 

and assumption of certain liabilities of the Hollywood and Prosperity, South 

Carolina, branches of First Union National Bank, Charlotte, North Carolina.

- Submitted, September 17, 1998 

Richmond

Firstar Bank Milwaukee, National Association, Milwaukee, Wisconsin -- report on 

competitive factors of the proposed merger with Firstar Trust Company.

- Submitted, September 18, 1998 

Chicago

Firstar Trust Company of Florida, National Association, West Palm Beach, Florida -- 

report on competitive factors of the proposed merger with Firstar Bank Florida, 

National Association.

- Submitted, September 18, 1998 

Chicago

Mercantile Trust Company National Association, St. Louis, Missouri -- report on 

competitive factors of the proposed merger with First National Bank Iowa, Iowa 

City, Iowa.

- Submitted, September 17, 1998 

Secretary

Newport Federal Bank, Newport, Tennessee -- report on competitive factors of the 

proposed purchase of the assets and assumption of the liabilities of the Newport 

branch of Union Planters Bank of the Lakeway Area, Morristown, Tennessee.

- Submitted, September 16, 1998 

Atlanta

People's Building, Loan, & Savings Company, Lebanon, Ohio -- report on 

competitive factors of the proposed acquisition and merger with The People's 

Building & Loan Company, Blanchester, Ohio.

- Submitted, September 17, 1998 

Cleveland

(AC) = Addition or Correction Delegated - Page 9 of 11
H.2 Actions under delegated authority September 13, 1998 to September 19, 1998

Extensions Of Time

Bloomingdale Bank and Trust, Bloomingdale, Illinois -- extension to September 15, 

1999, to establish a branch at the southeast corner of Arlington Heights Road and 

Pierce Road, Itasca, Illinois.

- Granted, September 15, 1998 

Chicago

First TeleBanc Corporation, Sanford, Florida -- extension to December 15, 1998, to 

acquire Boca Raton First National Bank, Boca Raton, Florida.

- Granted, September 15, 1998 

Atlanta

Plymouth Bancorp, Inc., Wareham, Massachusetts -- extension to December 31, 

1998, to become a mutual bank holding company through the reorganization of 

Plymouth Savings bank.

- Granted, September 8, 1998 (AC)

Boston

Ronan State Bank, Ronan, Montana -- extension to September 22, 1999, to establish 

a branch at 1509 Highway 93, Polson, Montana.

- Granted, September 16, 1998 

Minneapolis

West Burlington Bancorporation, Inc., West Burlington, Iowa -- extension to 

December 24, 1998, to acquire West Burlington Bank.

- Granted, September 18, 1998 

Chicago

WTSB Bancorp, Inc., Snyder, Texas, and WTSB Delaware Bancorp, Inc., Dover, 

Delaware -- extension to December 15, 1998, to acquire West Texas State Bank, 

Snyder, Texas.

- Granted, September 15, 1998 

Dallas

(AC) = Addition or Correction Delegated - Page 10 of 11
H.2 Actions under delegated authority September 13, 1998 to September 19, 1998

International Operations

BankAmerica International Investment Corporation, Chicago, Illinois -- to make an 

investment in Bodden Bay Co., Grand Cayman, Cayman Islands.

- Withdrawn, September 16, 1998 

San Francisco

Membership

Family Security Bank, Brookings, Oregon -- to become a member of the Federal 

Reserve System.

- Approved, September 17, 1998 

San Francisco

Lafayette Ambassador Bank, Easton, Pennsylvania -- to become a member of the 

Federal Reserve System.

- Approved, September 16, 1998 

Philadelphia

Peninsula Bank of Commerce, Millbrae, California -- to become a member of the 

Federal Reserve System.

- Approved, September 14, 1998 

San Francisco

United States National Bank in Johnstown, Johnstown, Pennsylvania -- to become a 

member of the Federal Reserve System.

- Approved, September 16, 1998 

Philadelphia

(AC) = Addition or Correction Delegated - Page 11 of 11
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, September 19, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(3)/3(a)(5) Banknorth Group, Inc., Burlington, Vermont – to acquire at least

19.9% and up to 100% of the voting shares of Evergreen

Bancorp, Inc., Glens Falls, New York, and thereby acquire

control of its subsidiary bank, Evergreen Bank, N.A., Glens

Falls, New York, of the Bank Holding Company Act of 1956

Newspaper – 10/15/1998

Fed Reg – 10/16/1998

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(C)(8) State Street Corporation – 4(c)(8) to acquire substantially all of

the assets of ADP Financial Information Services, Inc., Jersey

City, New Jersey

Fed Reg – 9/30/1998

Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

None
Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, September 19, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Member Banco Popular New York, New York, New York (“BPNY”), to

become a member bank.

N/Avail

Member Banco Popular Transition Bank, Hato Rey, Puerto Rico, to

become a member bank.

N/Avail

18(c) Banco Popular Transition Bank, Hato Rey, Puerto Rico, to

acquire the assets and related liabilities of Banco Popular de

Puerto Rico, Hato Rey, Puerto Rico, and to establish branches.

N/Avail

18(c) Banco Popular de Puerto Rico, Hato Rey, Puerto Rico, to merge

into BPNY, and to establish branches.*

N/Avail

18(c) Banco Popular, N.A. (California), Commerce City, California, to

merge into BPNY, and to establish branches.*

N/Avail

18(c) Banco Popular, N.A. (Florida), Sanford, Florida, to merge into

BPNY, and to establish branches.*

N/Avail

18(c) Banco Popular N.A. (New Jersey), Newark, New Jersey, to

merge into BPNY, and to establish branches.*

N/Avail

18(c) Banco Popular N.A. (Illinois), Melrose Park, Illinois, to merge

into BPNY, and to establish branches.*

N/Avail

18(c) First State Bank of California, Santa Fe Springs, California, to

merge into BPNY, and to establish branches.*

N/Avail

18(c) Gore-Bronson Bank, Prospect Heights, Illinois, to merge into

BPNY, and to establish branches.*

N/Avail

18(c) Irving Bank, Chicago, Illinois, to merge into BPNY, and to

establish branches. *

N/Avail

18(c) Water Tower Bank, Chicago, Illinois, to merge into BPNY, and

establish branches.*

N/Avail

* Subject to the provisions of the Community Reinvestment Act
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(1) Ridgewood Financial, MHC, and Ridgewood Financial, Inc.,

both of Ridgewood, New Jersey, to become bank holding

companies with respect to Ridgewood Savings Bank,

Ridgewood, New Jersey.*

N/Avail

3(a)(3) Popular, Inc., and Popular International Bank, Inc., both of Hato

Rey, Puerto Rico, Popular North America, Inc., Mt. Laurel, New

Jersey, and Banco Popular North America, Inc., Chicago,

Illinois, to acquire control of the proposed New York statechartered Banco Popular, New York, New York, New York .*

N/Avail

3(a)(3) Popular, Inc., and Banco Popular de Puerto Rico, both of Hato

Rey, Puerto Rico, to acquire the proposed Puerto Rico statechartered Banco Popular Transition Bank, Hato Rey, Puerto

Rico.*

N/Avail

3(a)(3) Popular, Inc., Popular International Bank, Inc., both of Hato

Rey, Puerto Rico, and Popular North America, Inc., Mt. Laurel,

New Jersey, to retain control of Banco Popular N.A. (New

Jersey), Newark, New Jersey, upon its conversion from a federal

savings association.*

N/Avail

3(a)(3) Banco Popular North America, Inc., Mt. Laurel, New Jersey, to

acquire control of Banco Popular, N.A. (Texas), Houston,

Texas.*

N/Avail

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Dresdner Bank AG, Frankfurt, Germany, through Dresdner

RCM Global Investors LLC, San Francisco, California, to

acquire Caywood-Scholl Capital Management, San Diego,

California, and thereby indirectly engage in nonbanking

activities.

N/Avail

4(c)(8) United Overseas Bank Limited, Singapore, to engage indirectly

through its to-be-formed 70 percent owned subsidiary, UOB

Global capital LLC, a Delaware limited liability company, in

acting in agency or custodial capacities pursuant to Section

225.28(b)(5) of Regulation Y and engaging in financial and

investment advisory activities pursuant to Section 225.28(b)(6)

of Regulation Y.

N/Avail
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

None

Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, September 19, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

None
Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, September 19, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(5) Received application from First Commonwealth Financial

Corporation, Indiana, PA on 09/16/1998 to acquire Southwest

National Corporation, Greensburg, PA.

*Federal Register:

10/16/1998

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Received notice from PNC Bank Corp., Pttsburgh, PA on

09/17/1998 of its intent to engage de novo in underwriting and

dealing in all types of debt and equity securities and other

related permissible incidental activities through its whollyowned subsidiary, PNC Capital Markets, Pittsburgh, PA.

Federal Register:

10/08/1998

Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

None
Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, September 19, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch First Colonial Bank, Hopewell, Virginia, to establish a branch

at 2141 East Hundred Road, Chester, Virginia.*

10/12/1998

Branch First Virginia Bank-Blue Ridge, Staunton, Virginia, to establish

a branch inside the Wal-Mart SuperCenter at 461 West

Reservoir Road, Woodstock, Virginia.*

10/13/1998

*Subject to provisions of the Community Reinvestment Act.

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(1) Travelers Rest Bancshares, Inc., Travelers Rest, South Carolina,

to become a bank holding company through the acquisition of

100% of the voting shares of Bank of Travelers Rest, Travelers

Rest, South Carolina.*

Fed Reg – 10/12/1998

Newspaper – 10/15/1998

*Subject to provisions of the Community Reinvestment Act.

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) BB&T Corporation, Winston-Salem, North Carolina, to acquire

Scott & Stringfellow Financial, Inc., Richmond, Virginia.

Fed Reg – N/Avail
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

None

Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

2536352 The Bank of Newberry County

999 Wilson Road

Newberry, South Carolina 29108

7/7/1998 9/19/1998 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, September 19, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) Republic Security Bank, West Palm Beach, Florida, to merge

with Newberry Bank, Newberry, Florida.

10/17/1998*

Branch Riverside Bank of the Gulf Coast, Cape Coral, Florida, to

establish a branch located at 3405 Hancock Bridge Parkway,

North Fort Myers, Florida.

10/11/1998*

Branch First Vantage Bank-Tennessee, Knoxville, Tennessee, to

establish a branch located at 6632 Clinton Highway, Knoxville,

Tennessee.

10/06/1998*

*Subject to provisions of the Community Reinvestment Act.

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

CIC First Banks, Inc., Carnesville, Georgia, after-the-fact notice by

MST Investments, L.P. , Toccoa, Georgia, to retain 39.9 percent

of the outstanding shares of First Banks, Inc., Carnesville,

Georgia, and its subsidiaries, First Bank and Trust, Carnesville,

Georgia, and Bank of Toccoa, Toccoa, Georgia.

N/Avail

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

WAIVR Republic Security Financial Corporation, West Palm Beach,

Florida, application waiver request for the proposed acquisition

of Newberry Bank, Newberry, Florida.

4(c)(8) Community Financial Group, Inc., Nashville, Tennessee, to

acquire 16.20 percent of American Growth Finance, Inc., Dallas,

Texas, a de novo joint venture, and thereby engage in making,

acquiring, and servicing loans or other extensions of credit. The

co-ventures are Glenn W. Jones, Jr., Tampa, Florida

(18.22 percent); John Stiffer, Sr., Dallas, Texas (16.40 percent);

John Stiffer, Jr., Dallas, Texas (16.40 percent); Fours McGraw,

Dallas, Texas (16.40 percent); C. Norris Nelson, Nashville,

Tennessee (9.10 percent); Craig Mercian, Nashville, Tennessee

(1.82 percent); Andrew Kerosene, Tampa, Florida

(1.82 percent); and Donald Burton, Tampa, Florida

(16.20 percent).

Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

648831 SunTrust Bank, Gulf Coast

Post Office Box 2138

Sarasota, Florida 34230

(941) 951-3307

05/18/1998 09/16/1998 0 X
Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, September 19, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) &

 Branches

Comerica Bank

Detroit, Michigan

 Comerica Bank & Trust, F.S.B.

 Boca Raton, Florida

 and thereby to establish branches

Newspaper – N/Avail

N/Avail - Not Available (Not yet available; Not available at this time)

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(5) Associated Banc-Corp*

Green Bay, Wisconsin

 Citizens Bankshares, Inc.

 Shawano, Wisconsin

 Citizens Bank, National Association

 Shawano, Wisconsin

Fed Reg – N/Avail

Newspaper – N/Avail

3(a)(1) Petefish, Skiles Bancshares, Inc.*

Virginia, Illinois

 Petefish, Skiles & Co.

 Virginia, Illinois

Fed Reg – 10/9/1998

Newspaper – 10/3/1998

* Subject to the provisions of the Community Reinvestment Act

Fed Reg - Federal Register Comment Period Ending Date

Newspaper - Newspaper Comment Period Ending Date

N/Avail - Not Available (Not yet available; Not available at this time)
Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Associated Banc-Corp

Green Bay, Wisconsin

 Wisconsin Finance Corporation

 Shawano, Wisconsin

 Citizens Financial Services, Inc.

 Shawano, Wisconsin

Fed Reg – N/Avail

4(c)(8) ANB Corporation

Muncie, Indiana

 Indiana Trust & Investment Management Company

 Mishawaka, Indiana

Fed Reg – 10/02/1998

Fed Reg - Federal Register Comment Period Ending Date

N/Avail - Not Available (Not yet available; Not available at this time)

Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

None

Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None
Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, September 19, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch *Notice by Fifth Third Bank of Kentucky, Inc., to relocate its

existing branch facility located at 2312 South Preston Street,

Louisville, Kentucky, to 2425 South Shelby Street, Louisville,

Kentucky.

Newspaper - 9/18/1998

* Subject to the provisions of the Community Reinvestment Act

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(5) *Notice by Old National Bancorp, Inc., Evansville, Indiana, to

acquire Southern Bancshares, Ltd., Carbondale, Illinois.

Newspaper – 10/5/1998

Fed Reg – 10/5/1998

CIC Notice involving Holly Grove Bancshares, Inc., Holly Grove,

Arkansas, by John Allison and Robert H. Adcock.

Newspaper – N/Avail.

Fed Reg – N/Avail.

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(C)(8) Notice by New London Bancshares, Inc., New London,

Missouri, to engage in general insurance agency activities in a

place where it or its subsidiary has a lending office and that has

a population not exceeding 5,000.

Fed Reg – N/Avail.
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

None

Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, September 19, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) & Branch Farmers State Bank of West Concord, West Concord,

Minnesota, for prior approval to acquire certain assets and

assume certain liabilities of the Dennison, Minnesota office of

Eagle Valley Bank, National Association, St. Croix Falls,

Wisconsin, and incident thereto establish a branch.*

10/18/1998

Branch Pioneer Bank & Trust, Belle Fourche, South Dakota, to establish

a branch in Rapid City, South Dakota.*

09/29/1998

* Subject to the provisions of the Community Reinvestment Act

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(3) United Financial Corp., Great Falls, Montana, for prior approval

to acquire up to 24.2% and thereby increase its ownership to

25.0% of the voting shares of Valley Bancorp, Inc., Phoenix,

Arizona.*

Fed Reg - 10/19/1998

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

None

Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, September 19, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

CIC Marvin Dwight Schlegel, Swink, Colorado for prior approval to

acquire voting shares of First Bankshares of Las Animas, Las

Animas, Colorado.

Newspaper – N/Available

Fed Reg – 09/29/1998

CIC Mortgage Investment Trust Corporation, Prairie Village, Kansas,

for prior approval to acquire voting shares of IFB Holdings, Inc.,

Chillicothe, Missouri; and thereby indirectly acquire Investors

Federal Bank, N.A., Chillicothe, Missouri.

Newspaper – 09/30/1998

Fed Reg – N/Available

3(a)(3) Albion National Management Co., Inc., Albion, Nebraska for

prior approval to acquire 16.87 percent of the voting shares of

Sutton Agency, Inc., Sutton, Nebraska, and indirectly acquire

City State Bank, Sutton, Nebraska.

Newspaper – N/Available

Fed Reg – 10/16/1998

3(a)(3) First York Ban Corp., York, Nebraska for prior approval to

acquire 70 percent of the voting shares of Sutton Agency, Inc.,

Sutton, Nebraska, and indirectly acquire City State Bank,

Sutton, Nebraska

Newspaper – N/Available

Fed Reg – 10/16/1998

3(a)(3) Central Bancshares, Cambridge, Nebraska for prior approval to

acquire 100 percent of the voting shares of First Central Bank,

McCook, National Association, McCook, Nebraska a de novo

bank in organization.

Newspaper – N/Available

Red Reg – 10/16/1998

3(a(5) Gold Banc Corporation, Inc., Leawood, Kansas for prior

approval to acquire 100 percent of the voting shares of Citizens

Bancorporation, Inc., Tulsa, Oklahoma, and thereby indirectly

acquire Citizens Bank of Tulsa, Tulsa, Oklahoma.

Newspaper – 10/10/1998

Fed Reg – 10/12/1998
Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

None

Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, September 19, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(3) First Financial Bancshares, Inc., Abilene, TX,

to acquire Cleburne State Bank, Cleburne, TX*

(Previously reported the week ending September 12, 1998)

Fed Reg – 10/16/1998

Newspaper – 10/09/1998

CIC William T. Byler, Chappell Hill, TX, and W.T.B., II, Ltd.,

Houston, TX (William T. Byler and Merlene A. Byler,

general partners), to acquire an interest in Community

Bancorporation, Inc., Bellville, TX

Fed Reg – 09/24/1998

Newspaper – 09/23/1998

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

S/R Notice by Cleburne State Bank, Cleburne, TX,

to redeem 48,690 shares of its preferred stock
Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, September 19, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(3) Eggemeyer Advisory Corp, Castle Creek Capital L.L.C. and

Castle Creek Capital Partners Fund-I, L.P., all of Rancho Santa

Fe, California, and Western Bancorp, Newport Beach,

California, to acquire Peninsula Bank of San Diego, San Diego,

California. *

Newspaper 09/30/1998

Fed Reg 09/28/1998

3(a)(3) Heritage Commerce Corp, San Jose, California, to acquire

Heritage Bank East Bay, Fremont, California. *

Newspaper 10/01/1998

Fed Reg 10/16/1998

3(a)(5) First Washington Bancorp, Inc., Walla Walla, Washington, to

acquire Whatcom State Bancorp, Inc., Bellingham,

Washington. *

Newspaper 10/07/1998

Fed Reg 10/19/1998

CIC Matt Calvin Packard and Mark William Packard, Springville,

Utah, to become general partners of The F. Calvin Packard

Family Limited Partnership, Springville, Utah, pursuant to the

Change in Bank Control Act of 1978. *

Newspaper 09/23/1998

Fed Reg N/Avail

* Subject to the provisions of the Community Reinvestment Act

Fed Reg - Federal Register Comment Period Ending Date

Newspaper - Newspaper Comment Period Ending Date

N/Avail - Not Available (Not yet available; Not available at this time)
Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Imperial Bancorp, Los Angeles, California, to acquire First

Houston Financial Services, Inc., Houston, Texas, and thereby

engage in nonbanking activities.

Fed Reg N/Avail

Fed Reg - Federal Register Comment Period Ending Date

N/Avail - Not Available (Not yet available; Not available at this time)

Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

3(a)(5)(C) Pacific Coast Bankers’ Bancshares to become a bank holding

company by acquiring Pacific Coast Bankers’ Bank, both of San

Francisco, California.

Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None
Section VI – CRA examinations scheduled for Quarter of

Institution Location

None