Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 19

Week Ending May 12, 2001

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions May 6, 2001 to May 12, 2001

Bank Holding Companies

Juniper Financial Corporation, Wilmington, Delaware -- to become a bank holding 

company through the acquisition of First Bank CBC, Maryville, Missouri.

- Approved, May 9, 2001 

(AC) = Addition or Correction Board - Page 1 of 1
May 6, 2001 to May 12, 2001

BS&R

C&CA

FOMC

RBOPS

IF

OSDM

Banking Supervision and Regulation

Consumer and Community Affairs

Federal Open Market Committee

Reserve Bank Operations and Payment

International Fiance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

Bank of Coronado, Coronado, California -- to establish a branch at 550 West C 

Street, San Diego.

- Approved, May 9, 2001 

San Francisco

The Callaway Bank, Fulton, Missouri -- to establish a branch at West Broadway and 

Broadfield Drive, Columbia, and a mobile branch to serve Boone and Callaway 

Counties.

- Approved, May 8, 2001 

St. Louis

Bank Holding Companies

BNCCORP, Inc., Bismarck, North Dakota -- to acquire BNC National Bank of 

Arizona, Tempe, Arizona.

- Approved, May 10, 2001 

Minneapolis

C.C. Bancorp, Inc., Little Valley, New York -- to become a bank holding company 

with respect to Cattaraugus County Bank.

- Approved, May 7, 2001 

New York

Central Bancshares, Inc., Lexington, Kentucky -- to acquire The Salt Lick Deposit 

Bank, Salt Lick.

- Approved, May 9, 2001 

Cleveland

Central Ohio Bancorp, Waverly, Ohio -- to become a bank holding company through 

the acquisition of The First National Bank of Waverly.

- Approved, May 9, 2001 

Cleveland

(AC) = Addition or Correction Delegated - Page 1 of 9
H.2 Actions under delegated authority May 6, 2001 to May 12, 2001

Bank Holding Companies

Community Financial Services, Inc., Atlanta, Georgia -- to acquire CRE Valuation 

Group, Inc., and thereby engage de novo in real estate appraisal activities.

- Approved, May 10, 2001 

Atlanta

Community First Banking Company, Carrollton, Georgia -- waiver of application in 

connection with the proposed merger of its subsidiary bank, Community First Bank, 

with Douglas Federal Bank, Douglasville, a subsidiary of First Deposit Bancshares, 

Inc.

- Granted, May 11, 2001 

Atlanta

Farmers Financial Corporation, Milton, Kentucky -- to become a bank holding 

company through the acquisition of Farmers Bank of Milton.

- Approved, May 9, 2001 

St. Louis

First Indiana Corporation, Indianapolis, Indiana -- to become a bank holding 

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

novo bank; to acquire First Indiana Bank, FSB; to engage in community 

development activities through its subsidiary, Pioneer Service Corporation; and to 

engage in financial and investment advisory, management consulting, real estate and 

personal property appraising, and data processing activities through its subsidiary, 

Somerset Financial Services, LLC.

- Withdrawn, May 11, 2001 

Chicago

FlatIrons Bank Holding Company, Boulder, Colorado -- to become a bank holding 

company through the acquisition of FlatIrons Bank.

- Returned, May 10, 2001 

Kansas City

Heartland Bancorp, Inc., Bloomington, Illinois -- to acquire Chenoa Corporation, 

Chenoa, and Bank of Chenoa.

- Approved, May 8, 2001 

Chicago

(AC) = Addition or Correction Delegated - Page 2 of 9
H.2 Actions under delegated authority May 6, 2001 to May 12, 2001

Bank Holding Companies

Louisville Development Bancorp, Inc., Louisville, Kentucky -- request for an 

exemption under the Depository Institutions Management Interlocks Act and 

Regulation L.

- Granted, May 8, 2001 

General Counsel

Persons Banking Company, Lithonia, Georgia -- to acquire The Farmers Bank, 

Forsyth.

- Approved, May 11, 2001 

Atlanta

Rockhold Bancorp, Kirksville, Missouri -- to acquire shares of La Plata Bancshares, 

Inc., La Plata.

- Approved, May 7, 2001 

St. Louis

Rurban Financial Corporation, Defiance, Ohio -- transfer agent registration.

- Withdrawn, May 11, 2001 

Director, BS&R

Sulphur Holdings, Inc., Sulphur, Oklahoma -- to acquire Sulphur Community 

Bancshares, Inc. and Sulphur Community Bank.

- Withdrawn, May 10, 2001 

Kansas City

Synovus Financial Corp., Columbus, Georgia, and TB&C Bancshares, Inc. -- to 

acquire shares of Juniper Financial Corporation, Wilmington, Delaware, and thereby 

acquire Juniper Bank.

- Approved, May 9, 2001 

Atlanta

Bank Mergers

Citizens First State Bank of Walnut, Walnut, Illinois -- to acquire the branch of 

Peoples National Bank of Kewanee, Kewanee, at 135 Main Street, Wyanet, and 

thereby establish a branch.

- Approved, May 8, 2001 

Chicago

(AC) = Addition or Correction Delegated - Page 3 of 9
H.2 Actions under delegated authority May 6, 2001 to May 12, 2001

Bank Mergers

Farmers & Mechanics Bank, Frederick, Maryland -- to merge with Home Federal 

Savings Bank, Hagerstown.

- Approved, May 8, 2001 

Richmond

Valley Independent Bank, El Centro, California -- to merge with its affiliates, Kings 

River State Bank, Reedley, and Bank of Stockdale, FSB, Bakersfield, and thereby 

establish branches.

- Approved, May 9, 2001 

San Francisco

Change In Bank Control

Coffee County Bancshares, Inc., Manchester, Tennessee -- change in bank control.

- Permitted, May 7, 2001 

Atlanta

Elgin Bancshares, Inc., Elgin, North Dakota -- change in bank control.

- Permitted, May 11, 2001 

Minneapolis

Independent Bancshares, Inc., Red Bay, Alabama, and Community Spirit Bank -- 

change in bank control.

- Permitted, May 8, 2001 

Atlanta

Peoples Bancshares of Pointe Coupee Parish, Inc., New Roads, Louisiana -- change 

in bank control.

- Permitted, May 8, 2001 

Atlanta

Competitive Factors Reports

Associated Bank Green Bay, National Association, Green Bay, Wisconsin -- report 

on competitive factors of the proposed merger with Associated Banc-Corp Services, 

Inc., and Associated Leasing, Inc., Menomonee Falls.

- Submitted, May 7, 2001 

Chicago

(AC) = Addition or Correction Delegated - Page 4 of 9
H.2 Actions under delegated authority May 6, 2001 to May 12, 2001

Competitive Factors Reports

Bank of the Ozarks, Little Rock, Arkansas -- report on competitive factors of the 

proposed purchase of assets and assumption of liabilities of the Lonoke branch of 

Union Planters Bank, N.A. Memphis, Tennessee.

- Submitted, May 7, 2001 

St. Louis

Centennial Bank, Portland, Oregon -- report on competitive factors of the proposed 

merger with Centennial Mortgage Co., Eugene.

- Submitted, May 9, 2001 

San Francisco

The Citizens Bank and Trust Company of Grayson County, Leitchfield, Kentucky, 

and Bankers Mortgage Corporation, Louisville -- report on competitive factors of 

the proposed merger with Wilson & Muir Bank & Trust Company, Bardstown.

- Submitted, May 7, 2001 

St. Louis

Community National Bank, Waterloo, Iowa -- report on competitive factors of the 

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

Commercial Federal Bank, a Federal Savings Bank, Omaha, Nebraska.

- Submitted, May 7, 2001 

Chicago

Delta Bank & Trust, Drew, Mississippi -- report on competitive factors of the 

proposed purchase of assets and assumption of liabilities of the Friars Point, 

Lambert, Lula, and Sledge branches of Union Planters Bank, N.A., Memphis, 

Tennessee.

- Submitted, May 7, 2001 

St. Louis

(AC) = Addition or Correction Delegated - Page 5 of 9
H.2 Actions under delegated authority May 6, 2001 to May 12, 2001

Competitive Factors Reports

First USA Bank, N.A., Wilmington, Delaware; Bank One, N.A., Columbus, Ohio; 

Bank One, Arizona, N.A., Phoenix, Arizona; Bank One, Colorado, N.A., Denver, 

Colorado; Bank One, Illinois, N.A., Springfield, Illinois; and Bank One, Indiana, 

N.A., Indianapolis, Indiana -- report on competitive factors of the proposed purchase 

of certain assets and assumption of certain liabilities of The First National Bank of 

Atlanta, New Castle, Delaware, and Wachovia Bank, N.A., Winston-Salem, North 

Carolina.

- Submitted, May 7, 2001 

Chicago

GNB Interim Bank, Alhambra, California -- report on competitive factors of the 

proposed merger with Grand National Bank.

- Submitted, May 9, 2001 

San Francisco

Hagerstown Trust Company, Hagerstown, Maryland -- report on competitive factors 

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

Frederick branch of The Drovers Mechanics Bank, York, Pennsylvania.

- Submitted, May 8, 2001 

Richmond

Hancock County Bank & Trust, Garner, Iowa -- report on competitive factors of the 

proposed purchase of assets and assumption of liabilities of the Klemme branch of 

Commercial Federal Bank, FSB, Omaha, Nebraska.

- Submitted, May 7, 2001 

Chicago

Heartland Bank and Trust Company, Bloomington, Illinois -- report on competitive 

factors of the proposed merger with Bank of Chenoa, Chenoa.

- Submitted, May 8, 2001 

Chicago

Laclede County Bank, Lebanon, Missouri, and Tri-County State Bank of El Dorado 

Springs, El Dorado Springs -- report on competitive factors of the proposed merger 

with Polk County Bank, Bolivar.

- Submitted, May 7, 2001 

St. Louis

(AC) = Addition or Correction Delegated - Page 6 of 9
H.2 Actions under delegated authority May 6, 2001 to May 12, 2001

Competitive Factors Reports

Manufacturers Bank, Chicago, Illinois -- report on competitive factors of the 

proposed merger with First Savings & Loan Association of South Holland, South 

Holland.

- Submitted, May 7, 2001 

Chicago

Northeast Security Bank, Sumner, Iowa -- report on competitive factors of the 

proposed merger with Fairbank State Bank, Fairbank, and Fairbank Bancshares, Inc.

- Submitted, May 7, 2001 

Chicago

Peoples National Bank of Kewanee, Kewanee, Illinois -- report on competitive 

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

branches of Amcore Bank, N.A., Rockford.

- Submitted, May 7, 2001 

Chicago

Planters Interim Bank, Inc., Hopkinsville, Kentucky -- report on competitive factors 

of the proposed merger with Planters Bank, Inc.

- Submitted, May 7, 2001 

St. Louis

Pocahontas State Bank, Pocahontas, Iowa -- report on competitive factors of the 

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

Palmer offices of Commercial Federal Bank, FSB, Omaha, Nebraska.

- Submitted, May 7, 2001 

Chicago

Royal Bank of Pennsylvania, Narbeth, Pennsylvania -- report on competitive factors 

of the proposed merger with Crusader Savings Bank, FSB, Philadelphia.

- Submitted, May 10, 2001 

Philadelphia

(AC) = Addition or Correction Delegated - Page 7 of 9
H.2 Actions under delegated authority May 6, 2001 to May 12, 2001

Extensions Of Time

The Bank of Nashville, Nashville, Tennessee -- extension to May 22, 2002, to 

establish a branch at Carothers Parkway and Bakers Bridge Road, Franklin.

- Granted, May 11, 2001 

Atlanta

Dickinson Holdings, Inc., Dickinson, Texas, and Dickinson Holdings of Delaware, 

Inc., Wilmington, Delaware -- extension to May 17, 2001, to acquire The Citizens 

State Bank of Dickinson, Dickinson, and League City Bank & Trust, League City.

- Granted, May 9, 2001 

Dallas

Islands Bancorp, Beaufort, South Carolina -- extension to August 9, 2001, to 

become a bank holding company through the acquisition of Islands Community 

Bank, N.A., a de novo bank.

- Granted, May 9, 2001 

Richmond

National Australia Bank Limited, Melbourne, Australia -- extension to August 16, 

2001, to acquire, through its subsidiary, 02-e Limited, shares of thinkorswim, Inc., a 

de novo Delaware corporation, and thereby engage in providing Internet retail 

securities brokerage services.

- Granted, May 11, 2001 

Chicago

Western Acquisitions, LLC, Washington, D.C., and Western Acquisition Partners, 

LP, Inverness, Illinois -- extension to June 29, 2001, to acquire additional shares of 

West Coast Bancorp, Tustin, California.

- Granted, May 10, 2001 

San Francisco

Zions Bancorporation, Salt Lake City, Utah -- extension to July 25, 2001, to acquire 

an interest in Garban-Intercapital plc, London, United Kingdom.

- Granted, May 10, 2001 

San Francisco

(AC) = Addition or Correction Delegated - Page 8 of 9
H.2 Actions under delegated authority May 6, 2001 to May 12, 2001

Financial Holding Companies

F.S. Bancorp, LaGrange, Indiana -- election to become a financial holding company.

- Effective, May 10, 2001 

Chicago

First National Corporation, Strasburg, Virginia -- election to become a financial 

holding company.

- Effective, May 10, 2001 

Richmond

Membership

Four Oaks Bank & Trust Company, Four Oaks, North Carolina -- membership in the 

Federal Reserve System.

- Approved, May 11, 2001 

Richmond

(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, May 12, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, May 12, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Representative

Office

China Merchants Bank, Shenzhen, People’s Republic of China,

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

Newspaper – N/Avail

18(c) Chase Manhattan Bank, New York, New York, to merge with its

affiliate, Chase Bank of Texas - San Angelo, N.A., San Angelo,

Texas.

Newspaper – 06/09/2001

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

None

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, May 12, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(3) Franklin Financial Services Corporation, Chambersburg,

PA, to acquire 15.8% of the voting shares of American

Home Bank, National Association, Lancaster, PA.

Newspaper: 06/06/2001

Fed. Reg.: N/Avail

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, May 12, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Third Quarter of 2001

Institution Location

Sky Bank 10 East Main Street

Salineville, Ohio 43945

Sky Bank – Ohio Bank Region 236 South Main Street

Findlay, Ohio 45820

Cortland Savings & Banking Company 194 West Main Street

Cortland, Ohio 44410

Richwood Banking Company 28 North Franklin Street

Richwood, Ohio 43344

The Citizens Banking Company 132 East Front Street

Pemberville, Ohio 43450

The inclusion on the list of institutions that are scheduled to undergo CRA examinations 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 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, May 12, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch The Marathon Bank, Winchester, Virginia, to establish a branch

at 139 North Cameron Street, Winchester, Virginia.*

Newspaper - 05/21/2001

Branch Hanover Bank, Mechanicsville, Virginia, to establish a branch

at 201 North Washington Highway, Ashland, Virginia.*

Newspaper - 05/25/2001

*Subject to the provisions of the Community Reinvestment Act.

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

Type Application

Ending date of

comment period

3(a)(5) BB&T Corporation, Winston-Salem, North Carolina, to merge

with F&M National Corporation, Winchester, Virginia .*

Fed Reg - 06/01/2001

Newspaper - 06/01/2001

3(a)(5) First Union Corporation, Charlotte, North Carolina, to merge

with Wachovia Corporation, Winston-Salem, North Carolina.*

Fed Reg - 06/11/2001

Newspaper - 06/13/2001

*Subject to the provisions of the Community Reinvestment Act.

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Third Quarter of 2001

Institution Location

Farmers Bank of Maryland Annapolis, Maryland

First Vantage Bank/Tri-Cities Abingdon, Virginia

Bank of Hampton Roads Chesapeake, Virginia

First Virginia Bank Falls Church

Cardinal Bank - Potomac McLean, Virginia

First Virginia Bank - Hampton Roads Norfolk, Virginia

First Sentinel Bank Richlands, Virginia

First Virginia Bank - Colonial Richmond, Virginia

The CommonWealth Bank Richmond, Virginia

First Virginia Bank-Southwest Roanoke, Virginia

Prosperity Bank & Trust Company Springfield, Virginia

First Virginia Bank-Blue Ridge Staunton, Virginia

Bank of Tazewell County Tazewell, Virginia
Section VI – CRA examinations scheduled for Third Quarter of 2001

Institution Location

The Bank of Tidewater Virginia Beach, Virginia

First Commonwealth Bank Wise, Virginia

Putnam County Bank Hurricane, West Virginia

The inclusion on the list of institutions that are scheduled to undergo CRA examinations 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 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, May 12, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

located at 24037 Perdido Beach Boulevard, Orange Beach,

Alabama.

05/24/2001*

Branch AuburnBank, Auburn, Alabama, to establish a branch located at

950 Auburn Road, Notasulga, Alabama, to be known as the

Notasulga Branch of AuburnBank.

N/Avail*

*Subject to provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

CIC Vernon Bancshares, Inc., Leesville, Louisiana, prior notification

filed by Murphy O’Banion to acquire in the aggregate up to

11.80 percent of the outstanding shares of Vernon Bancshares,

Inc., and its subsidiary, The Vernon Bank, both of Leesville,

Louisiana.

Newspaper – 06/11/2001

3(a)(5) Hancock Holding Company, Gulfport, Mississippi, to merge

with Lamar Capital Corporation, and thereby acquire Lamar

Bank, both of Purvis, Mississippi.

Fed Reg – 06/08/2001*

*Subject to provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Hancock Holding Company, Gulfport, Mississippi, to acquire

Lamar Data Solutions. Inc., Purvis, Mississippi, and thereby

engage in providing data processing and data transmission

services for financial institutions.

06/04/2001
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

Member Regions Bank, Birmingham, Alabama, 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 Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

675332 SunTrust Bank

Post Office Box 4418

Atlanta, Georgia 30302

(404) 588-7711

11/06/2000 05/10/2001 S X

Section VI – CRA examinations scheduled for Second Quarter of 2001

Institution Location

SouthTrust Bank Birmingham, Alabama

Covington County Bank Andalusia, Alabama

First Florida Bank Naples, Florida

Equitable Bank Fort Lauderdale, Florida

Bank of Nashville Nashville, Tennessee

Bank of Independent Sheffield, Alabama

The inclusion on the list of institutions that are scheduled to undergo CRA examinations 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 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, May 12, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Merger & Branch Central State Bank, Muscatine, Iowa, for prior approval to

acquire the Muscatine, Iowa branch of Commercial Federal

Bank, FSB, Omaha, Nebraska and thereby to establish a branch

at 2400 Second Avenue, Muscatine, Iowa.*

Newspaper – N/Avail

Merger & Branch Citizens First State Bank of Walnut, Walnut, Illinois, for prior

approval to acquire the Wyanet, Illinois branch of Peoples

National Bank of Kewanee, Kewanee, Illinois and thereby

establish a branch at 135 Main Street, Wyanet, Illinois.*

Newspaper – 5/02/2001

Merger &

 Branches

1st Source Bank, South Bend, Indiana, for prior approval to

acquire the two branches of Old Kent Bank, Grand Rapids,

Michigan and thereby to establish branches at 4009 Red Arrow

Highway, St. Joseph, Michigan and 715 Ship Street, St. Joseph,

Michigan.*

Newspaper – 5/04/2001

Branch 1st Source Bank, South Bend, Indiana, for prior approval to

establish a branch at 265 US Highway 131, Three Rivers,

Michigan.*

Newspaper – 5/21/2001

Merger &

 Branches

M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin, for prior

approval to purchase and assume the loans and deposits from

Fifth Third Bank, Southwest F.S.B., Scottsdale, Arizona and

thereby to establish nine branches.*

Newspaper – N/Avail

Branch Tri-County Bank, Brown City, Michigan, for prior approval to

establish a branch at 2575 Van Dyke, Marlette, Michigan.*

Newspaper – 6/01/2001

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(1) Advantage Bancorp, Woodbury, Minnesota, for prior approval

to become a bank holding company through the acquisition of

100 percent of the voting shares of First Choice Bank (in

organization), Geneva, Illinois.*

Fed Reg – 5/29/2001

Newspaper – 6/01/2001
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(1) Ameriana Bancorp, New Castle, Indiana, for prior approval to

become a bank holding company through the acquisition of 100

percent of the voting shares of Ameriana Bank and Trust, SB,

New Castle, Indiana (formerly known as Ameriana Bank &

Trust of Indiana).*

Fed Reg – 5/14/2001

Newspaper – 5/14/2001

3(a)(5) CIB Marine Bancshares, Inc., Pewaukee, Wisconsin, for prior

approval to acquire 100 percent of the voting shares of Citrus

Financial Services, Inc., Vero Beach, Florida and thereby

indirectly acquire Citrus Bank, N.A., Vero Beach, Florida.*

Fed Reg – 5/29/2001

Newspaper – 5/25/2001

3(a)(1) & 4(c)(8) First Indiana Corporation, Indianapolis, Indiana, for prior

approval to become a bank holding company through the

acquisition of 100 percent of the voting shares of First Indiana

Bank, National Association (in organization), Indianapolis,

Indiana; to engage in community development activities through

its wholly-owned subsidiary, Pioneer Service Corporation; and

in the following nonbanking activities through its wholly-owned

subsidiary, Somerset Financial Services, LLC, Indianapolis,

Indiana: financial and investment advisory activities;

management consulting and counseling activities; real estate and

personal property appraising related to extending of credit and

data processing and to acquire 100 percent of the voting shares

of First Indiana Bank, FSB, Indianapolis, Indiana.*

Fed Reg – 5/04/2001

Newspaper – 4/30/2001

3(a)(3) Foresight Financial Group, Inc., Rockford, Illinois, for prior

approval to acquire 100 percent of the voting shares of Lena

Bancorp, Inc., Lena, Illinois and thereby indirectly acquire Lena

State Bank, Lena, Illinois.*

Fed Reg – 5/11/2001

Newspaper – 5/10/2001

3(a)(1) Henry State Bancorp, Inc., Henry, Illinois, for prior approval to

become a bank holding company through the acquisition of 100

percent of the voting shares of Henry State Bank, Henry,

Illinois.*

Fed Reg – 5/29/2001

Newspaper – 5/26/2001

3(a)(1) Hustisford Community Bancorp, Inc., Hustisford, Wisconsin, for

prior approval to become a bank holding company through the

acquisition of 100 percent of the voting shares of Hustisford

State Bank, Hustisford, Wisconsin.*

Fed Reg – 5/29/2001

Newspaper – 5/14/2001

3(a)(3) Mahaska Investment Company ESOP, Oskaloosa, Iowa, for

prior approval to acquire an additional 30,000 shares, or 0.76%

of the voting shares of Mahaska Investment Company,

Oskaloosa, Iowa.*

Fed Reg – 5/10/2001

Newspaper – 5/11/2001

CIC Notification by William Robert Phelps, Fairmont, MN, of a

Change in Control, for approval to retain his current 25.31

percent of the outstanding voting shares of Swea City

Bancorporation, Inc., Estherville, Iowa.

Fed Reg – 5/31/2001

Newspaper – N/Avail

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

Type Application

Ending date of

comment period

None

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

Type Application

Membership Comerica Bank-California, San Jose, California, for prior

approval to become a member of the Federal Reserve System.

Membership First Midwest Bank, N.A. (to be known as First Midwest Bank),

Buffalo Grove, Illinois, for prior approval to become a member

of the Federal Reserve System.

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

notification of intent to acquire, indirectly through its

subsidiary, Metavante Corporation, all of the assets of Derivion

Corporation, Atlanta, Georgia, which is a leading provider of ebill presentment and payment technology with operations in

Atlanta, Georgia and Toronto, Canada and a sales office in

London, England.

4(c)(8) Republic Bancorp, Inc., Owosso, Michigan, notification of

intent to acquire, through its indirect subsidiary, Market Street

Mortgage Corporation, 30 percent of the voting interest of

NeuMark Mortgage Services, LLC, Schaumburg, Illinois, and

thereby to engage in residential mortgage loan brokerage

services.

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.
Section V – Availability of CRA public evaluations

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

222147 Citizens Bank

328 S. Saginaw Street

Flint, Michigan 48502

(810) 766-6330

6/26/2000 5/09/2001 S X

1017443 M&I Bank of Shawano

P.O. Box 496

Shawano, Wisconsin 54166

(715) 526-6101

12/27/2000 5/11/2001 S X

231149 Security State Bank

25 N. Chestnut

New Hampton, Iowa 50659

(515) 394-3021

1/08/2001 5/11/2001 S X

Section VI – CRA examinations scheduled for Third Quarter of 2001

Institution Location

The Peoples Bank of Arlington Heights Arlington Heights, Illinois

Midwest Bank & Trust Company Elmwood Park, Illinois

Hartsburg State Bank Hartsburg, Illinois

Farmers State Bank of Mt. Pulaski Mount Pulaski, Illinois

Foxdale Bank South Elgin, Illinois

Midwest Bank of McHenry County Union, Ilinois

Hendricks County Bank and Trust Company Brownsburg, Indiana

Bank of Geneva Geneva, Indiana

American Trust & Savings Bank Dubuque, Iowa

Fort Madison Bank & Trust Co. Fort Madison, Iowa

Security Savings Bank Gowrie, Iowa

Titonka Savings Bank Titonka, Iowa

Old Kent Bank Grand Rapids, Michigan

First Community Bank Harbor Springs, Michigan

Legacy Bank Milwaukee, Wisconsin

M&I Marshall & Ilsley Bank Milwaukee, Wisconsin

The inclusion on the list of institutions that are scheduled to undergo CRA examinations 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, May 12, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(1) Notice by Timberland Bancshares, Inc., Eldorado, Arkansas, to

acquire Timberland Bank, Eldorado, Arkansas.*

Newpaper – N/Avail.

Fed Reg – N/Avail.

CIC Notice involving First Security, Inc., Owensboro, Kentucky, by

Howard R. Sanders, to acquire up to 13.5 percent.

Newspaper – 6/3/2001

Fed Reg – N/Avail.

3(a)(3) Notice by Porter Bancorp, Inc., Shepherdsville, Kentucky, to

acquire USAccess Holdings, Inc., Louisville, Kentucky (in

organization). Companion notices by Porter Bancorp, Inc.,

USAccess Holdings, Inc. (in organization), and USAccess Bank,

Inc. accompany this notice. (Previously submitted during the

week ending May 5, 2001).*

Newspaper – 6/9/2001

Fed Reg – 6/4/2001

3(a)(1) Companion notice by USAccess Holdings, Inc., Louisville,

Kentucky (in organization), to acquire USAccess Bank, Inc.,

Louisville, Kentucky. (Previously submitted during the week

ending May 5, 2001).*

Newspaper – 6/9/2001

Fed Reg – 6/4/2001

3(a)(1) Companion notice by USAccess Bank, Louisville, Kentucky, to

acquire Interim Henry County Bank, Inc., Pleasureville,

Kentucky. (Previously submitted during the week ending May 5,

2001).*

Newspaper – 6/9/2001

Fed Reg – 6/4/2001

3(a)(3) Companion notice by USAccess Holdings, Inc., Louisville,

Kentucky, to acquire Interim Henry County Bank, Inc.,

Pleasureville, Kentucky. (Previously submitted during the week

ending May 5, 2001).*

Newspaper – 6/9/2001

Fed Reg – 6/4/2001

3(a)(3) Companion notice by Porter Bancorp, Inc., Shepherdsville,

Kentucky, to acquire Interim Henry County Bank, Inc.,

Pleasureville, Kentucky. (Previously submitted during the week

ending May 5, 2001).*

Newspaper – 6/9/2001

Fed Reg – 6/4/2001

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

Type Application

Ending date of

comment period

None

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None
Section VI – CRA examinations scheduled for Third Quarter of 2001

Institution Location

Simmons First Bank Searcy, Arkansas

The State Bank of Jerseyville Jerseyville, Illinois

Area Bank Owensboro, Kentucky

Midwest BankCentre Lemay, Missouri

Peoples Bank and Trust Company Troy, Missouri

The inclusion on the list of institutions that are scheduled to undergo CRA examinations 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 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, May 12, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(1) American Summit Financial Holding, LLC, Eden Prairie,

Minnesota, for prior approval to become a bank holding

company through the acquisition of up to 60% of Superior

Financial Holding Corporation, Two Harbors, Minnesota.*

Fed. Reg. – 05/29/2001

Newspaper – N/Avail.

*Subject to the provisions of the Community Reinvestment Act.

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

application for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

2352057 BANKFIRST

Sioux Falls, South Dakota

12/27/2000 05/07/2001 S X

Section VI – CRA examinations scheduled for Third Quarter of 2001

Institution Location

Citizens Bank and Trust Big Timber, Montana

First Community Bank Glasgow, Montana

Flint Creek Valley Bank Philipsburg, Montana

Security State Bank of Edgeley Edgeley, North Dakota

Dacotah Bank Rolla, North Dakota

Farmers State Bank Faith, South Dakota

First PREMIER Bank Sioux Falls, South Dakota

First State Bank of Warner Warner, South Dakota

Examinations may have to be rescheduled during the calendar quarter in which they are designated to begin. If

an institution’s examination is rescheduled for a date later than the end of the date range reflected in a published

schedule, the institution’s name will be republished in an appropriate later listing. Any comments received as a

result of either the first publication or subsequent publications will be considered during the examination.

Written comments regarding the CRA performance of these institutions should be directed to Ms. JoAnne

Lewellen at the Federal Reserve Bank of Minneapolis, Banking Supervision Department, P. O. Box 291,

Minneapolis, Minnesota 55480-0291.

The inclusion on the list of institutions that are scheduled to undergo CRA examinations 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 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, May 12, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(1) Sulphur Holdings, Inc., Sulphur, Oklahoma, for prior approval

to become a bank holding company through the acquisition of

100 percent of the votings shares of Sulphur Community

Bancshares, Inc., Sulphur, Oklahoma, and thereby indirectly

acquire Sulphur Community Bank, Sulphur, Oklahoma.

Newspaper – 05/25/2001

Fed Reg – 06/01/2001

3(a)(3) Ottawa Bancshares, Inc., Salina, Kansas, for prior approval to

acquire 100 percent of the voting shares of Admire Bancshares,

Inc., Emporia, Kansas, and thereby indirectly acquire Admire

Bank, Emporia, Kansas.

Newspaper – 05/29/2001

Fed Reg –06/07/2001

3(a)(3) First Liberty Capital Corporation ESOP, Hugo, Colorado, for

prior approval to acquire an additional 2.8 percent for a total of

28.2 percent of the voting shares of First Liberty Capital

Corporation, Hugo, Colorado, parent company of The First

National Bank of Hugo, Hugo, Colorado.

Newspaper – 05/26/2001

Fed Reg – 05/21/2001

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, May 12, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(1) First National Bancshares of Huntsville, Inc., Huntsville, TX,

and Huntsville Delaware Holdings, Inc., Wilmington, DE,

to acquire First National Bank of Huntsville, Huntsville, TX*

(previously reported the week ending May 5, 2001)

Fed Reg – 06/01/2001

Newspaper – 06/08/2001

3(a)(1) Huntsville Delaware Holdings, Inc., Wilmington, DE, to acquire

First National Bank of Huntsville, Huntsville, TX*

(previously reported the week ending May 5, 2001)

Fed Reg – 06/01/2001

Newspaper – 06/08/2001

3(a)(3) GNB Bancshares, Inc., Gainesville, TX, and

Guaranty National Bancshares, Inc., Wilmington, DE, to acquire

First Bank and Trust, Ennis, TX (de novo)*

(previously reported the week ending May 5, 2001)

Fed Reg – 06/01/2001

Newspaper – 05/30/2001

*Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

S/R Notice by First Artesia Bancshares, Inc., Artesia, NM, to

repurchase 4,480 shares of its preferred stock and 3,200 shares

of its common stock

3(a)(1) Republic Bancshares of Texas, Inc., Houston, TX, and

RBT Holdings, Inc., Dover, DE, to acquire

Republic National Bank, Houston, TX*

3(a)(1) RBT Holdings, Inc., Dover, DE, to acquire

Republic National Bank, Houston, TX*

*Subject to the provisions of the Community Reinvestment Act

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, May 12, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(1) Washington First Financial Group, Inc., to become a bank holding

company by acqiring Washington First International Bank, both of

Seattle, Washington.*

Fed Reg – 05/29/2001

Newspaper – 04/23/2001

CIC Terrence Ray Sullivan and Carol Ann Sullivan, Elko, Nevada, to

acquire up to 25 percent of Great Basin Financial Corporation,

Elko, Nevada.*

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

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

revised in May 1995.

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

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

facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Third Quarter of 2001

Institution Location

Bank of the Orient San Francisco, CA

Bank of Utah Ogden, UT

Hanmi Bank Los Angeles, CA

Oak Valley Community Bank Oakdale, CA

Spectrum Bank Montebello, CA

Tehama Bank Red Bluff, CA

Verdugo Bank Glendora, CA