Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 40 

Week Ending October 6, 2001 

Board of Governors of the Federal Reserve System, Washington, DC 20551 
H.2 Board Actions September 30, 2001 to October 6, 2001 

Discount Rates 

Discount Rates -- decrease from 2-1/2 percent to 2 percent by the Federal Reserve 

Banks of Chicago and Dallas. 

- Approved, October 2, 2001 

Discount Rates -- decrease from 2-1/2 percent to 2 percent by the Federal Reserve 

Banks of Boston, New York, Cleveland, Richmond, Atlanta, St. Louis, Kansas City, and 

San Francisco. 

- Approved, October 2, 2001 

Discount Rates -- decrease from 2-1/2 percent to 2 percent by the Federal Reserve 

Bank of Minneapolis. 

- Approved, October 3, 2001 

Discount Rates -- decrease from 2-1/2 percent to 2 percent by the Federal Reserve 

Bank of Philadelphia. 

- Approved, October 4, 2001 

Reserve Bank Services 

Federal Reserve priced services -- private sector adjustment factor for 2002. 

- Approved, October 3, 2001 

Enforcement 

AmericasBANK Corp, Towson, Maryland, and AmericasBANK -- written agreement 

with the Federal Reserve Bank of Richmond and the Maryland Division of Financial 

Regulation. 

- Announced, October 5, 2001 

New Century Bank, Shelby Township, Michigan -- written agreement with the Federal 

Reserve Bank of Chicago and the State of Michigan Office of Financial and Insurance 

Services. 

- Announced, October 5, 2001 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority September 30, 2001 to October 6, 2001 

BS&R 

C&CA 

FOMC 

Banking Supervision and Regulatio 

Consumer and Community Affai 

Federal Open Market Committ 

RBOPS 

IF 

OSDM 

Reserve Bank Operations and Payment

International Fiance

Office of Staff Director for Managemen

Bank Branches, Domestic 

St. Louis 

Bank of Mulberry, Mulberry, Arkansas -- to relocate its branch from 1020 West Second 

Street, Little Rock, to 1022 West Capitol Avenue. 

- Approved, October 5, 2001 

Kansas City 

Heritage Bank, Louisville, Colorado -- to establish a branch at 3850 York Street, Denver. 

- Approved, October 2, 2001 

Chicago 

Johnson Bank, Racine, Wisconsin -- to establish a branch at 525 Junction Road, 

Madison. 

- Approved, October 4, 2001 

Chicago 

Marquette Bank, Chicago, Illinois -- to establish a branch at Route 30 and Joliet 

Highway, New Lenox. 

- Approved, October 3, 2001 

St. Louis 

Midwest BankCentre, St. Louis, Missouri -- to establish a branch at 16650 Chesterfield 

Grove, Suite 110, Chesterfield. 

- Approved, October 1, 2001 

Richmond 

The Page Valley Bank, Luray, Virginia -- to establish a branch at 600 Third Street, 

Shenandoah. 

- Approved, October 4, 2001 

(AC) = Addition or Correction Delegated - Page 1 of 9 
H.2 Actions under delegated authority September 30, 2001 to October 6, 2001 

Bank Holding Companies 

Atlanta 

Alabama National BanCorporation, Birmingham, Alabama -- waiver of application in 

connection with the proposed merger of its subsidiary bank, National Bank of 

Commerce, with Farmers National Bank, Opelika. 

- Withdrawn, October 4, 2001 

Atlanta 

Alamerica BancCorp, Inc., Birmingham, Alabama -- to become a bank holding company 

through the acquisition of Alamerica Bank. 

- Approved, October 4, 2001 

Kansas City 

ANC Merge Corporation, Omaha, Nebraska -- waiver of application requirements in 

connection with the proposed acquisition by American National Corporation of Quick 

Bancorp, Council Bluffs, Iowa, and Peoples National Bank. 

- Approved, October 5, 2001 

Atlanta 

The Colonial BancGroup, Inc., Montgomery, Alabama -- to merge with Manufacturers, 

Inc., Tampa, Florida, and thereby acquire Manufacturers Bank of Florida, and for The 

Colonial BancGroup's subsidiary bank, Colonial Bank, Montgomery, to merge with 

Manufacturers Bank of Florida. 

- Approved, October 5, 2001 

Secretary 

Community Bankshares, Inc., Orangeburg, South Carolina -- to acquire Resource 

Mortgage, Inc., Columbia, and thereby engage in originating and brokering loans. 

- Approved, October 3, 2001 

St. Louis 

First Banks, Inc., St. Louis, Missouri, and First Banks America, Inc. -- to acquire BYL 

Bancorp, Orange, California, and thereby acquire its subsidiary bank, BYL Bank Group. 

- Approved, October 1, 2001 

(AC) = Addition or Correction Delegated - Page 2 of 9 
H.2 Actions under delegated authority September 30, 2001 to October 6, 2001 

Bank Holding Companies 

San Francisco 

Greater Bay Bancorp, Palo Alto, California -- to merge with SJNB Financial Corp., San 

Jose. 

- Approved, October 3, 2001 

Dallas 

Luling Bancshares, Inc., Luling, Texas -- to become a bank holding company through the 

acquisition of Luling Delaware Financial Corporation, Dover, Delaware, and Citizens 

State Bank of Luling, Luling; and for Luling Delaware Financial Corporation to become a 

bank holding company through the acquisition of Citizens State Bank of Luling. 

- Approved, October 3, 2001 

St. Louis 

Quad Bancshares, Inc., Oakwood, Missouri -- to become a bank holding company 

through the acquisition of Missouri Quad Bancshares, Inc., Viburnum, and Quad County 

State Bank. 

- Withdrawn, October 4, 2001 

Chicago 

River Valley Bancorp, Inc., Eldridge, Iowa -- to acquire State Bank of Latham, Latham. 

- Approved, October 5, 2001 

Cleveland 

Dallas 

Second Bancorp, Warren, Ohio -- to acquire Commerce Exchange Corporation, 

Beachwood. 

- Approved, October 4, 2001 

Spector Holdings Management, L.L.C., San Antonio, Texas -- to become a bank holding 

company through the acquisition of Spector Holdings Limited Partnership; Luling 

Bancshares, Inc., Luling, Luling Bancshares, Inc.; Luling Delaware Financial Corporation, 

Dover, Delaware; and Citizens State Bank of Luling, Luling; and for Spector Holdings 

Limited Partnership to become a bank holding company through the acquisition of Luling 

Bancshares, Inc., Luling Delaware Financial Corporation, and Citizens State Bank of 

Luling. 

- Approved, October 3, 2001 

(AC) = Addition or Correction Delegated - Page 3 of 9 
H.2 Actions under delegated authority September 30, 2001 to October 6, 2001 

Bank Holding Companies 

Dallas 

Texas Heritage Bancshares, Inc., Hondo, Texas -- to become a bank holding company 

through the acquisition of Texas Heritage Bancshares of Delaware, Inc., Wilmington, 

Delaware, and The Hondo National Bank, Hondo; and for Texas Heritage Bancshares of 

Delaware, Inc. to become a bank holding company through the acquisition of The Hondo 

National Bank. 

- Approved, October 5, 2001 

Bank Mergers 

Secretary 

BANKFIRST, Sioux Falls, South Dakota -- to purchase certain assets and assume 

certain liabilities of the Miami, Arizona, branch of Community First National Bank, Fargo, 

North Dakota; and for BANKFIRST to relocate the Miami branch to 1951 North Alma 

School Road, Chandler, Arizona. 

- Approved, October 4, 2001 

Minneapolis 

First Interstate Bank, Billings, Montana -- to merge with First Interstate Bank, Sheridan, 

Wyoming, and establish 21 branches in Wyoming. 

- Approved, October 2, 2001 

Banks, Nonmember, And Miscellaneous Institutions 

Kansas City 

The First State Bank & Trust Company of Larned, Larned, Kansas -- to establish 

Kansas Wealth Management, Inc. as a bank service corporation. 

- Approved, October 4, 2001 

Kansas City 

HP Rocky Mountain Federal Credit Union -- deregistration under Regulation U. 

- Approved, October 1, 2001 

Atlanta 

Regions Bank, Birmingham, Alabama -- to purchase the deposits and certain assets of the 

Keller, South Street, and McCann Road branches of Jefferson Heritage Bank, Denton, 

Texas. 

- Approved, October 3, 2001 

(AC) = Addition or Correction Delegated - Page 4 of 9 
H.2 Actions under delegated authority September 30, 2001 to October 6, 2001 

Change In Bank Control 

Chicago 

Rosholt Bancorporation, Inc., Rosholt, Wisconsin -- change in bank control. 

- Permitted, October 1, 2001 

Kansas City 

West Gate Bancshares, Inc., Lincoln, Nebraska -- change in bank control. 

- Permitted, October 4, 2001 

Competitive Factors Reports 

Chicago 

A.J. Smith Federal Savings Bank, Midlothian, Illinois -- report on competitive factors of 

the proposed merger with an interim thrift institution. 

- Submitted, October 4, 2001 

Philadelphia 

Adams County National Bank, Gettysburg, Pennsylvania -- report on competitive factors 

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

Adams County branches of Farmers & Mechanics Bank, Frederick. 

- Submitted, October 1, 2001 

Dallas 

Alliance Bank, N.A., Austin, Texas -- report on competitive factors of the proposed 

acquisition of the Sulphur Springs and Mount Vernon branches of Jefferson Heritage 

Bank, Denton. 

- Submitted, October 4, 2001 

Chicago 

The American National Bank of Beaver Dam, Beaver Dam, Wisconsin -- report on 

competitive factors of the proposed merger with Bank of Helenville, Helenville. 

- Submitted, October 4, 2001 

(AC) = Addition or Correction Delegated - Page 5 of 9 
H.2 Actions under delegated authority September 30, 2001 to October 6, 2001 

Competitive Factors Reports 

Atlanta 

Beauregard Bancshares, Inc., DeRidder, Louisiana -- report on competitive factors of the 

proposal to become a unitary savings and loan holding company through the acquisition of 

Beauregard Federal Savings Bank after the merger of Beauregard Federal Savings Bank 

and Beauregard Interim Federal Savings Bank. 

- Submitted, October 4, 2001 

Chicago 

Busey Bank, Urbana, Illinois -- report on competitive factors of the proposed merger 

with Busey Bank, FSB, Bloomington. 

- Submitted, October 4, 2001 

St. Louis 

First Farmers State Bank, Sullivan, Indiana -- report on competitive factors of the 

proposed purchase of assets and assumption of liabilities of Union Planters Bank, 

National Association, Memphis, Tennessee. 

- Submitted, October 4, 2001 

Atlanta 

Frontier National Bank, Sylacauga, Alabama -- report on competitive factors of the 

proposed purchase of assets and assumption of liabilities of three branches of Frontier 

National Bank, Lanett. 

- Submitted, October 4, 2001 

Chicago 

Hills Bank and Trust Company, Hills, Iowa -- report on competitive factors of the 

proposed merger with Hills Bank Kalona, Kalona. 

- Submitted, October 4, 2001 

New York 

Merrill Lynch Trust Company, FSB, West Windsor, New Jersey -- report on 

competitive factors of the proposed merger of Merrill Lynch Trust Company, 

Jacksonville, Florida; Merrill Lynch Trust Company, West Windsor, New Jersey; Merrill 

Lynch Trust Company of New York, New York, New York; and Merrill Lynch Trust 

Company of Texas, Dallas, Texas, with and into Merrill Lynch Trust Company, FSB, as 

part of a corporate reorganization. 

- Submitted, October 2, 2001 

(AC) = Addition or Correction Delegated - Page 6 of 9 
H.2 Actions under delegated authority September 30, 2001 to October 6, 2001 

Competitive Factors Reports 

St. Louis 

National Bank of Commerce, Memphis, Tennessee -- report on competitive factors of 

the proposed acquisition of 27 branches of First Union National Bank, Charlotte, North 

Carolina, and 10 branches of Wachovia Bank, National Association, Winston-Salem. 

- Submitted, October 5, 2001 

Minneapolis 

Native American Interim Bank, National Association, Browning, Montana -- report on 

competitive factors of the proposed consolidation with Blackfeet National Bank. 

- Submitted, October 1, 2001 

St. Louis 

Simmons First Bank of South Arkansas, Lake Village, Arkansas -- report on competitive 

factors of the proposed merger with Simmons First Bank of Dumas, Dumas. 

- Submitted, October 1, 2001 

Atlanta 

Trustmark National Bank, Jackson, Mississippi -- report on competitive factors of the 

proposed merger with Nashoba Bank, Germantown, Tennessee. 

- Submitted, October 4, 2001 

Minneapolis 

U.S. Bank, National Association, Cincinnati, Ohio -- report on competitive factors of the 

proposed purchase of certain assets and assumption of certain liabilities of U.S. Bank 

National Association North Dakota, Fargo, North Dakota. 

- Submitted, October 2, 2001 

Secretary 

Vectra Bank Colorado, National Association, Farmington, New Mexico -- report on 

competitive factors of the proposed merger with The Minnequa Bank of Pueblo, Pueblo, 

Colorado. 

- Submitted, October 4, 2001 

(AC) = Addition or Correction Delegated - Page 7 of 9 
H.2 Actions under delegated authority September 30, 2001 to October 6, 2001 

Competitive Factors Reports 

San Francisco 

Vineyard Bank, Rancho Cucamonga, California -- report on competitive factors of the 

proposed purchase of assets and assumption of liabilities of the La Verne branch of 

Pacific Business Bank, Santa Fe Springs. 

- Submitted, October 1, 2001 

Extensions Of Time 

Richmond 

Albemarle First Bank, Charlottesville, Virginia -- extension to October 4, 2002, to 

establish a mobile branch serving business customers in Charlottesville and in Albemarle, 

Fluvanna, Greene, and Nelson Counties. 

- Granted, October 3, 2001 

Dallas 

Bryan Family Management Trust, Bryan, Texas, and Bryan Heritage Limited 

Partnership -- extension to January 9, 2002, to acquire The First National Bank of Bryan.

- Granted, October 5, 2001 

Director, BS&R 

Citigroup Inc., New York, New York -- extension to October 8, 2002, to conform or 

divest its impermissible nonbanking activities under the Bank Holding Company Act. 

- Granted, October 5, 2001 

Financial Holding Companies 

Boston 

FNB Bankshares, Bar Harbor, Maine -- election to become a financial holding company. 

- Effective, October 5, 2001 

International Operations 

Richmond 

Bank of America, N.A., Charlotte, North Carolina -- to establish a branch in Madrid, 

Spain. 

- Approved, October 6, 2001 

(AC) = Addition or Correction Delegated - Page 8 of 9 
H.2 Actions under delegated authority September 30, 2001 to October 6, 2001 

International Operations 

Director, BS&R 

Michigan National Bank, Farmington Hills, Michigan -- to establish Standard Federal 

International, LLC as an agreement corporation. 

- Approved, October 5, 2001 

Membership 

Richmond 

Frederick County Bank, Frederick, Maryland -- to become a member of the Federal 

Reserve System. 

- Approved, October 2, 2001 

Regulations And Policies 

FOMC

Short-term Interest Rates -- decrease in the target for the federal funds rate from 3 

percent to 2-1/2 percent. 

- Approved, October 2, 2001 

(AC) = Addition or Correction Delegated - Page 9 of 9 
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, October 6, 2001 

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)/3(a)(3) Westfield Mutual Holding Company, Westfield, Massachusetts Newspaper – 10/12/2001 

- application to form a second tier stock bank holding company Fed Reg – 10/22/2001 

Westfield Financial Inc., Westfield, Massachusetts 

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 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, October 6, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Representative 

Office 

Banca Comerciala Romana S.A., Bucharest, Romania, to 

establish a representative office in New York, New York.* 

Newspaper – N/Avail 

Branch Banque Sudameris, Paris, France, to convert its Miami agency 

into a branch.* 

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 

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 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 2001 

Institution Location 

None 
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, October 6, 2001 

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 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 

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, October 6, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Received notice from Cortland Savings and Banking Company, 

Cortland, OH on 10/01/2001 of its intent to establish a branch at 

6540 South Avenue, Boardman, OH.* 

09/30/2001

Branch Received notice from Fifth Third Bank, Grand Rapids, MI on 

10/01/2001 of its intent to establish branches at 1000 Town 

Center, Southfield, MI and 15606 Southfield Rd., Allen Park, 

MI.* 

10/10/2001

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

Ending date of 

Type Application comment period 

3(a)(5) Received application from UNB Corp., Canton, OH on N/Avail 

10/05/2001 of its intent to acquire BancFirst Ohio Corp., 

Zanesville, OH.* 

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 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, October 6, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) United Bank, Fairfax, Virginia, to merge with Century National Newspaper - N/Avail 

Bank, Washington, D. C.* 

*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) United Bankshares, Inc., Charleston, West Virginia, to merge Fed Reg - 11/02/2001 

with Century Bancshares, Inc., Washington, D. C.* Newspapers - 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 

25 Bank of America, N. A., Charlotte, North Carolina, to establish 

through its Agreement Corporation, Banc of America FSC 

Holdings, Inc., a subsidiary in Ireland 
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 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 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, October 6, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) The Park Avenue Bank, to merge with First Community Bank of 

Southwest Georgia, Bainbridge, Georgia. 

10/26/2001*

18(c) The Park Avenue Bank, to merge with Farmers and Merchants 

Bank, Adel, Georgia. 

10/26/2001*

18(c) The Park Avenue Bank, to merge with Baxley Federal Bank, 

Baxley, Georgia. 

10/27/2001*

18(c) The Park Avenue Bank, to merge with Eagle Bank and Trust, 

Statesboro, Georgia. 

10/28/2001*

Branch SunTrust Bank, Atlanta, Georgia, to establish a branch located at 

2715 Loganville Highway, Grayson, Georgia, to be known as 

the SunTrust Bank at Grayson Village Publix In-Store Office. 

10/07/2001*

18(c) Colonial Bank, Montgomery, Alabama, to acquire certain assets 

and assume certain liabilities of the Tampa, Florida branch of 

Israel Discount Bank of New York, New York. 

N/Avail* 

18(c) Colonial Bank, Montgomery, Alabama, to acquire certain assets 

and assume certain liabilities of Manufacturers Bank of Florida, 

Tampa, Florida. 

N/Avail* 

*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)(5) Trustmark Corporation, to merge with Nashoba Bancshares, 

Inc., and thereby acquire Noshoba Bank, both of Germantown, 

Tennessee. 

Fed Reg – 11/02/2001* 

3(a)(1) Coastal Community Investments, Inc., Panama City Beach, 

Florida, to acquire Apalachicola State Banking Corporation, and 

thereby acquire Apalachicola State Bank, both Apalachicola, 

Florida. 

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

Ending date of 

Type Application comment period 

3(a)(1) Southern Community Bancshares, Inc., Fayetteville, Georgia, N/Avail* 

1-BHC formation, Southern Community Bank, Fayetteville, 

Georgia. 

*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 

WAIVR Colonial Bank, Montgomery, Alabama, application waiver 

request for the proposed acquisition of Manufacturers Bank of 

Florida, Tampa, Florida. 

3(a)(1) Horizon BanCorp, Inc., to become a bank holding company by 

acquiring Horizon Bank, both of Decatur, Georgia. 

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
Section V – Availability of CRA public evaluations 

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 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, October 6, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin, for prior Newspaper – 10/04/2001 

approval to establish a branch at 2511 London Road, Duluth, 

Minnesota.* 

* 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) Allied First Bancorp, Inc., Naperville, Illinois, for prior approval 

to become a bank holding company through the acquisition of 

100 percent of the voting shares of Allied First Bank, s.b., 

Naperville, Illinois.* 

Notification by J. D. Bergman Corporation, Hinsdale, Illinois 

and Jay D. Bergman, of a Change in Control to acquire 

additional voting shares of American Heartland Bancshares, 

Inc., Sugar Grove, Illinois. 

3(a)(5) Associated Banc-Corp., Green Bay, Wisconsin, for prior 

approval to acquire 100 percent of the voting shares of Signal 

Financial Corporation, Mendota Heights, Minnesota and thereby 

indirectly acquire Signal Bank National Association, Eagan, 

Minnesota and Signal Bank South National Association, Red 

Wing, Minnesota.* 

3(a)(5) Dunlap Iowa Holding Co., Dunlap, Iowa, for prior approval to 

acquire 100 percent of the voting shares of EWN Investments, 

Inc., Ute, Iowa. and thereby indirectly acquire Ute State Bank, 

Ute, Iowa.* 

4(c)(8) FBOP Corporation, Oak Park, Illinois, for prior approval to 

acquire 100 percent of the voting shares of Bank Plus 

Corporation, Los Angeles, California and thereby indirectly 

acquire Fidelity Federal Bank, FSB, Glendale, California and 

thereby engage in operating a savings association.* 

Fed Reg – 10/22/2001 

Newspaper – N/Avail 

Fed Reg – 10/02/2001 

Newspaper – 10/01/2001 

Fed Reg – 10/29/2001 

Newspaper – 10/19/2001 

Fed Reg – 11/02/2001 

Newspaper – N/Avail 

Fed Reg – 10/09/2001 

Newspaper – N/Avail 

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

Ending date of 

Type Application comment period 

CC Notification by Merrill M. Wesemann, of a Change in Control to 

acquire shares of First Community Bancshares, Inc., 

Bargersville, Indiana. 

3(a)(3) Herky Hawk Financial Corp., Monticello, Iowa, for prior 

approval to acquire 100 percent of the voting shares of New 

Vienna Savings Bank, New Vienna, Iowa and Casey State Bank, 

Casey, Illinois and 100 percent of the voting shares of Biggsville 

Financial Corporation, Biggsville, Illinois and thereby indirectly 

acquire First State Bank of Biggsville, Biggsville, Illinois.* 

3(a)(1) Lincoln Bancorp, Inc., Rochelle, Illinois, for prior approval to 

become a bank holding company through the acquisition of 100 

percent of the voting shares of Lincoln State Bank, S.B., 

Rochelle, Illinois.* 

3(a)(1) Manito Bank Services, Inc., Manito, Illinois, for prior approval 

to become a bank holding company through the acquisition of 

100 percent of the voting shares of Peoples State Bank, Manito, 

Illinois.* 

CC Notification by Abdula Family Limited Partnership and certain 

other parties, of a Change in Control of Northern States 

Financial Corporation, Waukegan, Illinois. 

3(a)(3) Northstar Financial Group, Inc., Bad Axe, Michigan, for prior 

approval to acquire 100 percent of the voting shares of Seaway 

Community Bank (in organization), St. Clair, Michigan.* 

3(a)(3) Piper Holdings, Inc., Covington, Indiana, for prior approval to 

acquire 100 percent of the voting shares of Heritage Bancshares, 

Inc., Darlington, Indiana and thereby indirectly acquire Heritage 

Bank & Trust Company, Darlington, Indiana.* 

3(a)(3) Prairieland Employee Stock Ownership Plan, Bushnell, Illinois, 

for prior approval to acquire 45.85 percent of the voting shares 

of Prairieland Bancorp, Inc., Bushnell, Illinois and thereby 

indirectly acquire Farmers and Merchants State Bank, Bushnell, 

Illinois.* 

3(a)(3) River Valley Bancorp, Inc., Eldridge, Iowa, for prior approval to 

acquire 100 percent of State Bank of Latham, Latham, Illinois.* 

3(a)(1) Sturgis Bancorp, Inc., Sturgis, Michigan, for prior approval to 

become a bank holding company through the acquisition of 100 

percent of the voting shares of Sturgis Bank & Trust Company, 

Sturgis, Michigan.* 

Fed Reg – 10/19/2001 

Newspaper – 10/16/2001 

Fed Reg – 10/29/2001 

Newspaper – N/Avail 

Fed Reg – 10/26/2001 

Newspaper – N/Avail 

Fed Reg – 11/02/2001 

Newspaper – 10/27/2001 

Fed Reg – N/Avail 

Newspaper – N/Avail 

Fed Reg – 10/12/2001 

Newspaper – 10/07/001 

Fed Reg – 10/26/2001 

Newspaper – 10/26/2001 

Fed Reg – 10/05/2001 

Newspaper – 10/03/2001 

Fed Reg – 9/28/2001 

Newspaper – 9/28/2001 

Fed Reg – 10/26/2001 

Newspaper – 10/24/2001 

* 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) Mitchell Bank Holding Corporation, Milwaukee, Wisconsin, 

notification of intent to continue to purchase loan participation 

from banks. 

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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

280044 Baylake Bank 

217 N. 4th Avenue 

5/21/2001 10/03/2001 O X 

Sturgeon Bay, Wisconsin 54235 

(920) 743-5551 
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, October 6, 2001 

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) Notice by Lima Bancshares, Inc., Lima, Illinois, to acquire 100 

percent of The White Hall National Bank, White Hall, Illinois.* 

3(a)(1) Notice by Community State Bancshares, Inc., Bradley, 

Arkansas, to acquire 100 percent of The Bradley Corporation, 

Bradley, Arkansas.* 

3(a)(3) First National Bank of Berryville Employee Stock Ownership 

Trust, Berryville, Arkansas, to acquire an additional 2 percent, 

for a total of 33 percent, of First Carroll Bankshares, Inc., 

Berryville, Arkansas.* 

Newspaper – 10/31/2001 

Fed Reg – 11/2/2001 

Newspaper – 11/9/2001 

Fed Reg – 11/8/2001 

Newspaper – 11/3/2001 

Fed Reg – 11/2/2001 

* 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 

4(c)(8) Notice by Lauderdale County Bancshares, Inc., Halls, Fed Reg – 10/25/2001 

Tennessee, to engage in crop insurance through Farmers Crop 

Insurance Company, Halls, Tennessee. 
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 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, October 6, 2001 

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 

CIC John and Flora Brown to acquire control of Drayton Bancor, 

Inc., Drayton, North Dakota. 

Fed. Reg. – 10/19/2001 

Newspaper – 10/22/2001 

3(a)(3) State Bankshares, Inc., Fargo, North Dakota, for prior approval 

to acquire 100% of the voting shares of State Bank of 

Moorhead, Moorhead, Minnesota.* 

Fed. Reg. – 10/22/2001 

Newspaper – N/Avail. 

3(a)(1) Superior National Banc Holding Company, Superior, Wisconsin, 

proposes to acquire 100% of the voting shares of Superior 

National Bank, Superior, Wisconsin.* 

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 

Member First American Bank & Trust, Madison, South Dakota proposes 

to become a member of the Federal Reserve System. 
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 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 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, October 6, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) First State Bank in Davidson, Davidson, Oklahoma, for prior Newspaper – N/Available 

approval to purchase certain assets and assume certain liabilities 

of the Meridian branch of First National Bank of Oklahoma, 

Ponca City, Oklahoma and to operate under the charter and title 

of First State Bank in Davidson, Davidson, Oklahoma. 

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

Ending date of 

Type Application comment period 

3(a)(1) Chickasaw Banc Holding Company, Yukon, Oklahoma, for Newspaper – N/Available 

prior approval to become a bank holding company through the Fed Reg – N/Available 

acquisition of 100 percent of the voting shares of First Bancorp 

in Davidson, Inc., Davidson, Oklahoma and its subsidiary First 

State Bank in Davidson, Davidson, Oklahoma. 

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 

Member First State Bank in Davidson, Davidson, Oklahoma, for prior 

approval to become a member of the Federal Reserve System. 
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 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 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, October 6, 2001 

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)(3) Texas People National Bancshares, Inc., Paris, TX, to acquire 

Western Dakota Holding Company, Timber Lake, SD, and 

Western Dakota Bank, Timber Lake, SD* 

3(a)(5) Sterling Bancshares, Inc., Houston, TX, to acquire Community 

Bancshares, Inc., Katy, TX, Community Bancshares of 

Delaware, Inc., Wilmington, DE, and Community Bank, Katy, 

TX* 

3(a)(3) South Plains Financial, Inc., Lubbock, TX, and South Plains 

Delaware Financial Corporation, Dover, DE, to acquire Zia 

Financial Corporation, Ruidoso, NM, and City Bank New 

Mexico, Ruidoso, NM* 

3(a)(1) Zia Financial Corporation, Ruidoso, NM, to acquire City Bank 

New Mexico, Ruidoso, NM* 

Fed Reg – 11/02/2001 

Newspaper – N/Avail 

Fed Reg – 11/02/2001 

Newspaper – N/Avail 

Fed Reg – 10/19/2001 

Newspaper – N/Avail 

Fed Reg – 10/19/2001 

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 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 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, October 6, 2001 

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 

3(a)(5)(C) Hemet Bancorp, Riverside, California, to become a bank holding 

company following a corporate reorganizaiton of Bank of Hemet, 

Hemet, 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 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