Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 32 

Week Ending August 10, 2002 

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions August 4, 2002 to August 10, 2002 

Forms 

Forms -- initial review of proposals to extend, without revision, the Recordkeeping 

and Disclosure Requirements of Regulation B (Equal Credit Opportunity) and 

Recordkeeping and Disclosure Requirements of Regulation E (Electronic Fund 

Transfers). 

- Proposed, July 22, 2002 (AC) 

Regulations And Policies 

Credit Card Lending -- extension to September 23, 2002, of the comment period on 

the proposed interagency guidance on account management and loss allowance. 

- Announced, August 8, 2002 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority August 4, 2002 to August 10, 2002 

BS&R Banking Supervision and Regulation RBOPS Reserve Bank Operations and Payment Systems 

IF International Finance 

OSDM Office of Staff Director for Management 

C&CA Consumer and Community Affairs 

FOMC Federal Open Market Committee 

Bank Branches, Domestic 

Atlanta 

Cavalry Banking, Murfreesboro, Tennessee -- to establish a branch at 467 Sam Ridley 

Parkway West, Smyrna. 

- Approved, July 29, 2002 (AC) 

Cleveland 

Fifth Third Bank, Western Michigan, Grand Rapids, Michigan -- to establish a branch at 

2500 Brenton Woods Drive, S.E. 

- Approved, August 6, 2002 

New York 

Atlanta 

Atlanta 

Atlanta 

JPMorgan Chase Bank, New York, New York -- to establish a branch at 39 Smith 

Street, Nanuet. 

- Approved, August 7, 2002 

Regions Bank, Birmingham, Alabama -- to establish a branch at 4300 Breaker Lane, 

Austin, Texas. 

- Approved, August 5, 2002 

Regions Bank, Birmingham, Alabama -- to establish a branch at 100 Park Place 

Boulevard, Kissimmee, Florida. 

- Approved, August 8, 2002 

Southern Exchange Bank, Tampa, Florida -- to establish a branch at 725 Harbour Post 

Drive. 

- Approved, August 8, 2002 

(AC) = Addition or Correction Delegated - Page 1 of 6 
H.2 Actions under delegated authority August 4, 2002 to August 10, 2002 

Bank Holding Companies 

Richmond 

Allied Irish Banks, plc, Dublin, Ireland, and Allfirst Financial, Inc., Baltimore, Maryland --

to acquire an interest in Clarity Incentive Systems, Inc., New York, New York, and 

thereby engage in data processing and management consulting activities. 

- Approved, August 6, 2002 

St. Louis 

Aviston Financial Corporation, Trenton, Illinois -- to become a bank holding company 

through the acquisition of Aviston Bancorp, Inc., Aviston, and State Bank of Aviston. 

- Approved, August 7, 2002 

Kansas City 

Dallas 

Atlanta 

First Commerce Financial Corporation, Marysville, Kansas -- to become a bank holding 

company through the acquisition of First Commerce Bank, National Association, a de 

novo bank. 

- Approved, August 5, 2002 

Sterling Bancshares, Inc., Houston, Texas -- to merge with ENB Bankshares, Inc., 

Dallas, and thereby acquire ENB Delaware Bankshares, Inc., Wilmington, Delaware, and 

Eagle National Bank, Dallas. 

- Approved, August 7, 2002 

Swann Bancshares, Inc., Wedowee, Alabama -- to become a bank holding company 

through the acquisition of Bank of Wedowee. 

- Approved, August 9, 2002 

San Francisco 

UCBH Holdings, Inc., San Francisco, California -- to acquire shares of Bank of Canton 

of California. 

- Withdrawn, August 9, 2002 

(AC) = Addition or Correction Delegated - Page 2 of 6 
H.2 Actions under delegated authority August 4, 2002 to August 10, 2002 

Bank Holding Companies 

Atlanta 

United Community Bankshares of Florida, Inc., Orlando, Florida -- to become a bank 

holding company through the acquisition of United Heritage Bank and Community 

National Bank of Mid-Florida, Lake Mary. 

- Approved, August 8, 2002 

Director, BS&R 

West Bancorporation, West Des Moines, Iowa -- transfer agent registration. 

- Approved, August 7, 2002 

Bank Mergers 

Atlanta 

Bank Independent, Sheffield, Alabama -- to acquire certain assets and assume certain 

liabilities of the Mall and Rogersville branches of First Southern Bank, Florence. 

- Approved, August 9, 2002 

Banks, National 

Director, BS&R 

Bankers Trust Company, N.A. of Des Moines, Des Moines, Iowa -- transfer agent 

registration. 

- Withdrawn, August 7, 2002 

Banks, State Member 

Director, BS&R 

AmSouth Bank, Birmingham, Alabama, and AmSouth Bank Agency Services, Nashville, 

Tennessee -- transfer agent registrations. 

- Withdrawn, August 7, 2002 

Change In Bank Control 

Kansas City 

Hildreth State Company, Inc., Hildreth, Nebraska -- change in bank control. 

- Permitted, August 6, 2002 

(AC) = Addition or Correction Delegated - Page 3 of 6 
H.2 Actions under delegated authority August 4, 2002 to August 10, 2002 

Competitive Factors Reports 

Richmond 

Calvin B. Taylor Banking Company of Berlin, Maryland, Berlin, Maryland -- report on 

competitive factors of the proposed merger with Calvin B. Taylor Bank of Delaware, 

Ocean View, Delaware. 

- Submitted, August 5, 2002 

Atlanta 

The Community Bank, Loganville, Georgia -- report on competitive factors of a 

proposed change in bank control. 

- Submitted, August 8, 2002 

St. Louis 

The First National Bank in Staunton, Staunton, Illinois -- report on competitive factors of 

the proposed merger with Hamel State Bank, Hamel. 

- Submitted, August 7, 2002 

Dallas 

First National Bank of Central Texas, Waco, Texas -- report on competitive factors of 

the proposed acquisition of the Hillsboro branch of Texas Bank, Weatherford. 

- Submitted, August 7, 2002 

Secretary 

First-Citizens Bank & Trust Company, Raleigh, North Carolina -- report on competitive 

factors of the proposed purchase of the Havelock and West Jefferson branches of RBC 

Centura Bank, Rocky Mount. 

- Submitted, August 7, 2002 

Chicago 

Illinois National Bank, Springfield, Illinois -- report on competitive factors of the 

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

branch of Palmer State Bank, Taylorville. 

- Submitted, August 8, 2002 

(AC) = Addition or Correction Delegated - Page 4 of 6 
H.2 Actions under delegated authority August 4, 2002 to August 10, 2002 

Competitive Factors Reports 

New York 

North Fork Bancorporation, Inc., Melville, New York -- report on competitive factors of 

the proposed merger of North Fork Bank and North Fork New Jersey Interim Bank, 

Jersey City, New Jersey. 

- Submitted, August 8, 2002 

Kansas City 

Sunflower Bank, National Association, Salina, Kansas -- report on competitive factors of 

the proposed merger with Bank of Monte Vista, Monte Vista, Colorado. 

- Submitted, August 5, 2002 

St. Louis 

Union Planters Bank, National Association, Memphis, Tennessee -- report on 

competitive factors of the proposed purchase of assets and assumption of liabilities of two 

branches of Hemisphere National Bank, Miami, Florida. 

- Submitted, August 8, 2002 

New York 

Union State Bank, Nanuet, New York -- report on competitive factors of the proposed 

purchase of assets and assumption of liabilities of the Yonkers branch of Fourth Federal 

Savings Bank, New York. 

- Submitted, August 9, 2002 

Chicago 

Vermillion Valley Bank, Piper City, Illinois -- report on competitive factors of the 

proposed merger with Roberts State Bank, Roberts. 

- Submitted, August 8, 2002 

Currency 

Director, RBOPS 

Federal Reserve Notes -- letter confirming request for printing of notes during the fiscal 

year ending September 30, 2003. 

- Approved, August 8, 2002 

(AC) = Addition or Correction Delegated - Page 5 of 6 
H.2 Actions under delegated authority August 4, 2002 to August 10, 2002 

Extensions Of Time 

Secretary 

Citibank, N.A., New York, New York -- extensions of time for Citibank Overseas 

Investment Corporation, New Castle, Delaware, to divest interests in certain properties. 

- Granted, August 5, 2002 

Director, BS&R 

Citigroup Inc., New York, New York -- extension to February 3, 2003, to conform the 

investments of Banco Nacional de Mexico, S.A., Mexico City, Mexico, to the 

requirements of Regulation K. 

- Granted, August 5, 2002 

Financial Holding Companies 

Secretary 

Peoples Bancorp, Inc., Marietta, Ohio -- election to become a financial holding company. 

- Effective, August 5, 2002 

Membership 

Atlanta 

First Georgia Community Bank, Jackson, Georgia -- membership in the Federal Reserve 

System. 

- Approved, August 9, 2002 

Richmond 

Highlands Community Bank, Covington, Virginia -- membership in the Federal Reserve 

System. 

- Approved, August 8, 2002 

(AC) = Addition or Correction Delegated - Page 6 of 6 
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, August 10, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 in stitutions 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 Examination CRA CRA Exam type 

number Institution/Location date public date 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, August 10, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Manufacturers and Traders Trust Company, Buffalo, New York, 

to establish five seasonal-use limited branch offices in 

Pennsylvania located at: Gettysburg College, 300 North 

Washington Street, Gettysburg; Dickinson College HUB 

Building, North Collega and Louther Streets, Carelisle Borough; 

Messiah College, Eisenhower Campus Center, One College 

Avenue, Upper Allen Township; Penn State Berks Campus, 

Tulpehocken Road, Spring Township; Penn State Mont Alto 

Campus, One Campus Drive, Borough of Mont Alto. 

Agency BBVA Bancomer SA, Mexico City, Mexico, to establish an 

agency in Houston, Texas. 

Newspaper – 08/15/2002 

Newspaper – N/A 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 a re now available. 

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date 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, August 10, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 deposit ory 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 regulat ion 

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 Examination CRA CRA Exam type 

number Institution/Location date public date 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, August 10, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

*Branch Notifications by Fifth Third Bank, Cincinnati, OH of its intent to 

establish branch facilities on 2.072 acres on Center Street, 

Chardon, OH and at 1076 and 1068 High Street, Wadsworth, OH. 

08/09/2002

*Branch Notification by Fifth Third Bank, Western Michig an, Grand Rapids, 

MI of its intent to establish a branch facility at 5217 Harvey Street, 

Norton Shores, MI. 

08/01/2002

* Subject to the provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 o perate, 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 dir ectly from the institution or Reserve Bank. 

The federal bank regulators use the following four 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 Examination CRA CRA Exam type 

number Institution/Location date public date 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, August 10, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Highlands Union Bank, Abingdon, Virginia, to establish a 

branch at the intersection of State Highway 394 and Bountville 

Boulevard, Bristol, Tennessee.* 

Newspaper - 08/15/2002 

Branch Resource Bank, Virginia Beach, Virginia, to establish a branch 

at One Columbus Center, Suite 105, Virginia Beach, Virginia.* 

Newspaper - 08/19/2002 

*Subject to the provisions of the Community Reinvestment Act. 

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

Ending date of 

Type Application comment period 

3(a)(3) First Citizens Bancorporation of South Carolina, Inc., Columbia, Fed Reg - 09/09/2002 

South Carolina, to acquire CB Financial Corp., Warrenton, Newspaper - 08/26/2002 

Georgia.* 

*Subject to the provisions of the Community Reinvestment Act. 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 en acted 

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 regulator s 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 evaluati ons are now available. 

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

2556882 Metro-County Bank of Virginia, Inc. 05/28/2002 08/10/2002 S X 

8206 Atlee Road 

Mechanicsville, Virginia 23116 

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, August 10, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch AmSouth Bank, Birmingham, Alabama, to establish a branch 

located at 1415 West 5 th Street, Laurel, Mississippi, to be known 

as the Laurel Main Branch. 

Branch Regions Bank, Birmingham, Alabama, to establish a branch 

located at 921 S. Range Avenue, De nham Springs, Louisiana. 

Branch Tennessee State Bank, Pigeon Forege, Tennessee, to establish a 

branch located at 3307 Winfield Dunn Parkway, Kodak, 

Tennessee. 

08/21/2002* 

08/12/2002* 

08/11/2002* 

*Subject to provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

3(a)(3) GB&T Bancshares, Inc., Gainesville, Georgia, to acquire Home 

Town Bank of Villa Rica, Villa Rica, Georgia. 

3(a)(1) MCB Financial Group, Inc., Carrollton, Georgia, to become a 

bank holding company by acquiring McIntosh Commercial 

Bank, Carrollton, Georgia. 

3(a)(3) NW Services Corporation, Ringgold, Geo rgia, to acquire The 

Bank of Sharon, Sharon, Tennessee. 

3(a)(3) P.C.B. Bancorp, Inc., Largo, Florida, to merge with Gateway 

American Bancshares, Inc., and thereby acquire Gateway 

American Bank of Florida, both of For t Lauderdale, Florida. 

CIC After-the -fact change in control notice by Southern Bancorp, 

Inc. Employee Stock Ownership Plan With 401K Provisions, 

Marietta, Georgia, to retain 19.49 percent of the outstanding 

shares of Southern Bancorp, Inc., Marietta, Georgia, and 

commitment waiver request by Southern Bancorp, Inc., 

Marietta, Georgia, to not incur debt. 

NP - 09/12/2002*

Fed Reg – 09/09/2002*

NP – 09/09/2002*

Fed Reg – 09/09/2002*

NP – 09/06/2002*

Fed Reg – 09/09/2002*

NP – 08/04/2002*

Fed Reg – 08/15/2002*

NP – 08/20/2002

Fed Reg – 08/14/2002

*Subject to provisions of the Community Reinvestment Act 
Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 197 7 (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. Tha t 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 performa nce 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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

570231 Colonial Bank 02/25/2002 08/04/2002 S X 

Post Office Box 1108 

Montgomery, Alabama 36101 

(334) 395- 7900 

Section VI – CRA examinations scheduledfor Quarter of 

Institution Location 

None 
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, August 10, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18C & Branches Johnson Bank, Racine, Wisconsin, to merge with Capital Bank, 

Green Bay, Wisconsin and thereby to establish branches at 455 

Riverdale Drive, Green Bay, Wisconsin and 840 Main Avenue, 

DePere, Wisconsin.* 

Newspaper – N/Avail 

18C & Branches Salin Bank & Trust Company, Indianapolis, Indiana, to merge 

with Blue River Federal Savings Bank, Edinburg, Indiana and 

thereby to establish branches.* 

Newspaper – N/Avail 

* Subject to the provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

3(a)(3) Bement Bancshares, Inc., Bement, Illinois, to acquire 100 

percent of CGB&L Financial Group, Inc., Cerro Gordo, Illinois 

and thereby indirectly acquire Cerro Gordo Building and Loan, 

s.b., Cerro Gordo, Illinois.* 

3(a)(3) Oswego Community Bank Employee Stock Ownership Plan, 

Oswego, Illinois, to acquire additional shares and increase its 

ownership from 32.52 percent to 51 percent of the voting shares 

of Oswego Bancshares, Inc., Oswego, Illinois, and thereby to 

indirectly acquire additional voting shares of Oswego 

Community Bank, Oswego, Illinois.* 

4(c)(8) Southwest Company, Oakland, Iowa, to retain 100 percent 

ownership of Fremont County Savings Bank, Sidney, Iowa, 

following its conversion from a state-chartered bank to a federal 

savings association, and thereby operate a savings association.* 

Fed Reg – 08/30/2002 

Newspaper – N/Avail 

Fed Reg – 08/30/2002 

Newspaper – N/Avail 

Fed Reg – 08/22/2002 

Newspa per – 08/24/2002 

* Subject to the provisions of the Community Reinvestment Act 
Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

4(c)(8) Goodenow Bancorporation, Okoboji, Iowa, proposes to engage 

denovo in extending credit and servicing loans. 

4(c)(8) Marshall & Ilsley Corporation, Milwaukee, Wisconsin, proposes 

to acquire, indirectly through its subsidiary, Metavante 

Corporation, substantially all of the assets of Spectrum EBP, 

LLC, Atlanta, Georgia. 

Section V – Availability of CRA public evaluations 

The Community Reinvestment Act is intended to encourage depository i nstitutions 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 = Satis factory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

540542 G.W. Jones Exchange Bank 01/15/2002 08/05/2002 S X 

115 W. Main Street 

Marcellus, Michigan 49067 

(616) 646- 2151 
Section VI – CRA examinations scheduled for Fourth Quarter of 2002 

Institution Location 

Town & Country Bank

Cole Taylor Bank

Pacific Global Bank

Libertyville Bank & Trust

United Community Bank of Lisle

Northbrook Bank & Trust

First Bank of Berne

Home Savings Bank

Irwin Union Bank and Trust Co.

Central Bank of Russiaville

Blencoe State Bank

Prairie State Bank

Citizens Bank & Trust

Columbus Junction State Bank

Central State Bank

Paramount Bank

Calumet County Bank

Buffalo, Illinois

Chicago, Illinois

Chicago, Illinois

Libertyville, Illinois

Lisle, Illinois

Northbrook, Illinois

Berne, Indiana

Columbus, Indiana

Columbus, Indiana

Russiaville, Indiana

Blencoe, Iowa

Brunsville, Iowa

Cedar Rapids, Iowa

Columbus Junction, Iowa

Muscatine, Iowa

Bingham Farms, Michigan

Brillion, Wisconsin

The inclusion on the list of institutions that are scheduled to undergo CRA exa minations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances. 
District 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, August 10, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

3A1 3A3 State Bank & Trust Company Employee Stock Ownership Plan, 

Greenwood, Mississippi (“ESOP”), to become a bank holding 

company by acquiring 25.08 percent of the voting shares of 

State Capital Corporation, Greenwood, Mississippi, and thereby 

indirectly acquire its subsidiary bank, State Bank & Trust 

Company, Cleveland, Mississippi. In connection with the 

notification by State Capital Corporation, ESOP proposes to 

indirectly acquire up to 100 percent of Mississippi Southern 

Bank, Port Gibson, Mississippi. 

Newspaper – 09/09/2002 

Fed Reg – 09/09/2002 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 insti tution'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 Examination CRA CRA Exam type 

number Institution/Location date public date 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, August 10, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) & Branch Cornerstone State Bank, Le Sueur, Minnesota, to purchase the 

assets and assume the deposit liabilities of the Belle Plaine and 

Green Isle, Minnesota, branches of the First National Bank of 

the North, Sandstone, Minnesota, and incident thereto establish 

branches in those locations.* 

Branch First Interstate Bank, Billings, Montana, to establish a branch 

facility to be located at 101 South 13 th Street, Laramie, 

Wyoming.* 

08/24/2002 

09/01/2002 

*Subject to the provisions of the Community Reinvestment Act. 

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

Ending date of 

Type Application comment period 

3(a)(1) Marquette Financial Companies, Minneapolis, Minnesota, to 

become a bank holding company by acquiring 100% of the 

outstanding voting shares of CBA Bancshares, Inc., 

Minneapolis, Minnesota, and its subsidiary bank, Community 

Bank of Arizona, N.A., Wickenburg, Arizona.* 

CIC Kenneth D. and Suzanne M. Roeder, De Smet, South Dakota to 

gain control of Kingsbury Bank Holding Company, De Smet, 

South, and thereby indirectly gain control of Peoples State Bank, 

De Smet, South Dakota. 

CIC Marcelle McVay, Chicago, Illinois, to retain control of 

Minnwest Corporation, Montevideo, Minnesota, and thereby 

indirectly retain control of Minnwest Bank Luverne, Luverne, 

Minnesota; Minnwest Bank Central, Montevideo, Minnesota; 

Minnwest Bank Ortonville, Ortonville, Minnesota; Minnwest 

Bank, M.V., Redwood Falls, Minnesota; Minnwest Bank South, 

Tracy, Minnesota; and Minnwest Bank Sioux Falls, Sioux Falls, 

South Dakota. 

Fed Reg – 08/05/2002 

Newspaper – 08/15/2002 

Fed Reg – 08/23/2002 

Newspaper – N/Avail 

Fed Reg – 08/23/2002 

Newspaper – N/Avail 
Section II – Applications subject to both newspaper and Federal Register notice 

Ending date of 

Type Application comment period 

CIC Jerry E. Gerber, Rice Lake, Wisconsin; Terry G. Gerber, 

Cameron, Wisconsin; Susan J. Gerber, Bl aine, Minnesota; 

Ernest J. Gerber, Bruce, Wisconsin; Alan F. Gerber, Radisson, 

Wisconsin; Kathleen L. Gerber, Quincy, Massachusetts; and 

Holly A. Barnes, Hayward, Wisconsin, to gain control of Old 

Murry Bancorp, Inc., Cameron, Wisconsin, and thereby 

indirectly gain control of Owen -Curtiss Financial Corporation, 

Rice Lake, Wisconsin, which owns Brill Bancshares, Inc., Rice 

Lake, Wisconsin, and its subsidiary bank, Brill State Bank, Rice 

Lake, Wisconsin, and Gilman Corporation, Gilman, Wisconsin, 

which owns the State Bank of Gilman, Gilman, Wisconsin. 

CIC Craig L. Larson, Bismarck, North Dakota, to gain control of 

First Southwest Bancorporation, Bismarck, North Dakota, and 

thereby indirectly gain control of First Southwest Bank, 

Bismarck, North Dakota. 

CIC Gary A. Gerber, Rick H. Gerber, Jim E. Gerber, all of Exeland, 

Wisconsin; and Mahala A. Earnhart, Hewitt, Wisconsin, to gain 

control of Chippewa Valley Agency, Ltd., Winter, Wisconsin, 

and thereby indirectly gain control of Chippewa Valley Bank, 

Winter, Wisconsin. 

Fed Reg – 08/23/2002 

Newspaper – N/Avail 

Fed Reg – 08/27/2002 

Newspaper – N/Avail 

Fed Reg – N/Avail 

Newspaper – N/Avail 

*Subject to the provisions of the Community Reinvestment Act. 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 Reinvestmen t 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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

1401891 Valley Bank of Glasgow 04/08/2002 08/05/2002 S X Glasgow, Montana 

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, August 10, 2002 

Section I – Applications subject to newspaper notice only 

Type Application 

Ending date of 

comment period 

Branch Farmers State Bank, Wallace, Nebraska, to establish a branch at Newspaper - 08/31/2002 

418 North Dewey Street, North Platte, Nebraska. 

Branch Pleasanton State Bank, Pleasanton, Nebraska, to establish a Newspaper - 08/10/2002 

branch at 6005 2nd Avenue West, Kearney, Nebraska. 

Branch Saline State Bank, Wilber, Nebraska, to establish a branch at 

5620 South 48th Street, Lincoln, Nebraska and a branch at 221 

West 4th, Cortland, Nebraska. 

Newspaper - 08/19/2002 

Branch Platte Valley State Bank & Trust Company, Kearney, Nebraska, 

to establish a branch at 920 Diers Avenue, Grand Island, 

Nebraska. 

Newspaper - 08/15/2002 

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

Type Application 

3(a)(3) First Centralia Bancshares, Inc., Centralia, Kansas, to acquire up 

to 11.8 percent of the voting shares of Morrill Bancshares, Inc., 

Sabetha, Kansas, parent of Morrill State Bank & Trust 

Company, Sabetha, Kansas. 

3(a)(3) First Centralia Bancshares, Inc., Centralia, Kansas, to acquire an 

additional 3.46 percent, for a total of 17 percent of the voting 

shares of Century Capital Financial, Inc., Kilgore, Texas, parent 

of City National Bank, Kilgore, Texas. 

3(a)(3) Morrill Bancshares, Inc., Sabetha, Kansas, to acquire up to 52.73 

percent of the voting shares of Century Capital Financial, Inc., 

Kilgore, Texas, parent of City National Bank, Kilgore, Texas. 

3(a)(3) Lauritzen Corporation, Inc., Omaha, Nebraska, to acquire an 

additional 4.1 percent, for a total of 28 percent of the voting 

shares of First National of Nebraska, Inc., Omaha, Nebraska, 

parent of First National Bank of Omaha, Omaha, Nebraska. 

Ending date of 

comment period 

Newspaper - N/Available 

Fed Reg - N/Available 

Newspape r - N/Available 

Fed Reg - N/Available 

Newspaper - N/Available 

Fed Reg - N/Available 

Newspaper - 09/03/2002 

Fed Reg - 08/29/2002 
Section II – Applications subject to both newspaper and Federal Register notice 

Type Application 

3(a)(5) Morrill Bancshares, Inc., Sabetha, Kansas (Morrill), to merge 

with Morrill & Janes Bancshares, Inc., Hiawatha, Kansas and 

Onaga Bancshares, Inc., Merriam, Kansas, with Morri ll as the 

survivor. 

4(c)(8) Morrill Bancshares, Inc., Sabetha, Kansas, to acquire up to 43.34 

percent of the voting shares of FBC Financial Corporation, 

Claremore, Oklahoma, a savings association. 

4(c)(8) Morrill Bancshares, Inc., Sabetha, Kansas, to acquire 100 

percent of the voting shares of First Trust Company of Onaga, 

Onaga, Kansas, thereby engaging in trust company activities. 

4(c)(8) First Centralia Bancshares, Inc., Centralia, Kansas, in its 

acquisition of Morrill Bancshares, Inc., Sabetha, Kansas, to 

indirectly acquire up to 43.34 percent of the voting shares of 

FBC Financial Corporation, Claremore, Oklahoma, a savings 

association. 

4(c)(8) First Centralia Bancshares, Inc., Centralia, Kansas, in its 

acquisition of Morrill Bancshares, Inc., Sabetha, Kansas, to 

indirectly acquire 100 percent of the voting shares First Tru st 

Company of Onaga, Onaga, Kansas, thereby indirectly engaging 

in trust company activities. 

CIC James Michael McAuley and Charlie Edward Blankenship, 

both of Norman, Oklahoma, as Trustees for the Cynthia 

Ann Mayes Blankenship QSST; the Catherine Suzanne 

Mayes McAuley QSST; and the Mava Geraldine Mayes 

Trust, to retain control of Consolidated Equity Corporation, 

Purcell, Oklahoma, parent of First American Bank & Trust 

Company, Purcell, Oklahoma. 

Ending date of 

comment period 

Newspaper - N/Available 

Fed Reg - 09/06/2002 

Newspaper - N/Available 

Fed Reg - 09/06/2002 

Newspaper - N/Available 

Fed Reg - 09/06/2002 

Newspaper - N/Available 

Fed Reg - N/Available 

Newspaper - N/Available 

Fed Reg - N/Available 

Newspaper - 08/30/2002 

Fed Reg - N/Available 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 Ban k. 

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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

576952 First Nebraska Bank 

232 N. Spruce 

Valley, Nebraska 68064-9673 

05/20/2002 08/05/2002 S X

440857 First Country Bank 

325 N. Main Street 

Urich, Missouri 64788 

05/20/2002 08/08/2002 S X

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, August 10, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Community Bank, Granbury, TX, to establish a branch located 08/23/2002 

at 6224 Colleyville Boulevard, Suite B, Colleyville, TX* 

*Subject to the provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

3(a)(5) Prosperity Bancshares, Inc., Houston, TX, to acquire Southwest Fed Reg – 08/30/2002 

Bank Holding Company, Dallas, TX, and Bank of the Southwest Newspaper – 08/30/2002 

of Dallas, Dallas, TX* 

*Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 di rectly 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 Examination CRA CRA Exam type 

number Institution/Location date public date 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, August 10, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

3(a)(1) TODAY’S BANCORP, Inc., to become a bank holding company Newspaper – 08/27/2002 

by acquiring 100 percent of TODAY’S BANK, both of Va ncouver, Fed Reg – 09/06/2002 

Washington.* 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 h elp 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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Fourth Quarter of 2002 

Institution Location 

Bank of Ephraim

Bank of Hawaii

Bank of Santa Clara

County Bank

Golden Gate Bank

Placer Sierra

Union Safe Deposit Bank

Valley Independent Bank

Ephraim, Utah

Honolulu, Hawaii

Santa Clara, California

Merced, California

San Francisco, California

Auburn, California

Stockton, California

El Centro, California

The inclusion on the list of institutions that are scheduled to undergo CRA examinations i n the next calendar quarter is 

not determinative of whether the institution will be examined in that quarter. Reserve Banks may need to defer a 

planned examination or conduct an unforeseen examination because of scheduling difficulties or other circumstances.