Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 24 

Week Ending June 15, 2002 

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions June 9, 2002 to June 15, 2002 

Enforcement 

Bank of New York, New York, New York -- written agreement dated February 8, 

2000, terminated June 3, 2002. 

- Announced, June 10, 2002 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority June 9, 2002 to June 15, 2002 

BS&R 

C&CA 

FOMC 

Banking Supervision and Regulation 

Consumer and Community Affairs 

Federal Open Market Committee 

RBOPS 

IF 

OSDM 

Reserve Bank Operations and Payment Systems

International Finance

Office of Staff Director for Management

Bank Branches, Domestic 

Philadelphia 

AmeriServ Financial Bank, Johnstown, Pennsylvania -- to establish a branch at Benner 

Pike and Shiloh Road, State College. 

- Approved, June 10, 2002 

Chicago 

Citizens Bank, Flint, Michigan -- to establish a branch at 175 South Livernois Road, 

Rochester. 

- Approved, June 14, 2002 

Atlanta 

First Commercial Bank of Florida, Orlando, Florida -- to establish a branch at 4601 

Neptune Road, St. Cloud. 

- Approved, June 12, 2002 

New York 

HSBC Bank USA, Buffalo, New York -- to establish branches in Portland, Oregon, and 

Seattle, Washington, at former branches of HSBC Bank Canada, Vancouver, Canada. 

- Withdrawn, June 7, 2002 (AC) 

New York 

JPMorgan Chase Bank, New York, New York -- to establish a branch in The Centre at 

River Oaks Shopping Center, 2435 West Alabama, Houston, Texas. 

- Approved, June 10, 2002 

Bank Holding Companies 

San Francisco 

Columbia Commercial Bancorp, Hillsboro, Oregon -- to become a bank holding 

company through the acquisition of Columbia Community Bank, and election to become a 

financial holding company. 

- Approved, June 13, 2002 

(AC) = Addition or Correction Delegated - Page 1 of 5 
H.2 Actions under delegated authority June 9, 2002 to June 15, 2002 

Bank Holding Companies 

Secretary 

Community Bankshares, Inc., Orangeburg, South Carolina -- to merge with Ridgeway 

Bancshares, Inc., Ridgeway, and thereby acquire Bank of Ridgeway. 

- Approved, June 12, 2002 

Kansas City 

First Community Bancshares, Inc., Overland Park, Kansas -- to engage in management 

consulting and financial advisory activities. 

- Approved, June 14, 2002 

Chicago 

First Mutual of Richmond, Inc., Richmond, Indiana, and Richmond Mutual 

Bancorporation, Inc. -- to acquire AmTrust Capital Corp., Peru, and thereby acquire 

American Trust Federal Savings Bank and Indiana Financial Service Corporation. 

- Approved, June 11, 2002 

Kansas City 

Atlanta 

Atlanta 

Dallas 

Grace Investment Company, Inc., Alva, Oklahoma -- to acquire Alva State Bank & 

Trust Company. 

- Approved, June 14, 2002 

Gwinnett Commercial Group, Inc., Lawrenceville, Georgia -- to merge with Embry 

Bankshares, Inc. and thereby acquire Embry Bank and commitment waiver request. 

- Withdrawn, June 13, 2002 

Heartland Bancshares, Inc., Sebring, Florida -- commitment waiver request. 

- Granted, June 12, 2002 

Lost Pines Bancshares, Inc., Smithville, Texas -- to engage in lending activities. 

- Approved, June 14, 2002 

(AC) = Addition or Correction Delegated - Page 2 of 5 
H.2 Actions under delegated authority June 9, 2002 to June 15, 2002 

Bank Holding Companies 

Kansas City 

Meader Insurance Agency, Inc., Waverly, Kansas -- to acquire shares of 1st Financial 

Bancshares, Inc., Overland Park, parent of 1st Financial Bank, Centerville State Bank, 

Centerville, and Sylvan Agency, Inc., Sylvan Grove, and thereby engage in insurance 

activities. 

- Approved, June 12, 2002 

Atlanta 

Mountain National Bancshares, Inc., Sevierville, Tennessee -- to become a bank holding 

company through the acquisition of Mountain National Bank. 

- Approved, June 14, 2002 

Chicago 

Southport Financial Corporation, Kenosha, Wisconsin -- to become a bank holding 

company through the acquisition of Southport Bank. 

- Approved, June 12, 2002 

Dallas 

Texas United Bancshares, Inc., La Grange, Texas, and Texas United Nevada, Carson 

City, Nevada -- to acquire The Bryan-College Station FHC, Bryan, Texas, and its 

subsidiary, First Federal Savings Bank. 

- Approved, June 12, 2002 

Change In Bank Control 

Atlanta 

FirstFed Bancorp, Inc., Bessemer, Alabama -- change in bank control. 

- Permitted, June 14, 2002 

Atlanta 

Indian River Banking Company, Vero Beach, Florida -- change in bank control. 

- Permitted, June 14, 2002 

St. Louis 

Maries County Bancorp., Inc., Vienna, Missouri -- change in bank control. 

- Permitted, June 11, 2002 

(AC) = Addition or Correction Delegated - Page 3 of 5 
H.2 Actions under delegated authority June 9, 2002 to June 15, 2002 

Competitive Factors Reports 

San Francisco 

Dallas 

Dallas 

Atlanta 

Chinatrust Bank (U.S.A.), Torrance, California -- report on competitive factors of the 

proposed merger with Chinatrust Savings Bank of Washington, Bellevue, Washington. 

- Submitted, June 12, 2002 

First National Bank in Munday, Munday, Texas -- report on competitive factors of the 

proposed acquisition of a branch in Haskell from First National Bank, Haskell. 

- Submitted, June 10, 2002 

First National Bank, Haskell, Texas -- report on competitive factors of the proposed 

merger with New First National Bank, Lubbock. 

- Submitted, June 11, 2002 

The United Banking Company, Nashville, Georgia -- report on competitive factors of the 

proposed merger with Merchants Bank, Lakeland. 

- Submitted, June 12, 2002 

Extensions Of Time 

Dallas 

A.N.B. Holding Company, Ltd., Terrell, Texas -- extension to September 13, 2002, to 

acquire an interest in The ANB Corporation, The ANB Delaware Corporation, and The 

American National Bank of Texas. 

- Granted, June 12, 2002 

Chicago 

Bancshares Holding Corp., Downers Grove, Illinois -- extension to September 20, 2002, 

to become a bank holding company through the acquisition of The Bank of Commerce. 

- Granted, June 14, 2002 

(AC) = Addition or Correction Delegated - Page 4 of 5 
H.2 Actions under delegated authority June 9, 2002 to June 15, 2002 

Extensions Of Time 

Secretary 

Citibank, N.A., New York, New York -- extension to July 4, 2003, for its subsidiaries, 

Citibank Overseas Investment Corporation, New Castle, Delaware, and Saudi American 

Bank, Riyadh, Saudi Arabia, to divest their interests in certain properties. 

- Granted, June 11, 2002 

Atlanta 

Compass Bank, Birmingham, Alabama -- extension to August 16, 2002, to establish a 

branch in the Albertson's store at Tatum Boulevard and Deer Valley, Phoenix, Arizona. 

- Granted, June 11, 2002 

Financial Holding Companies 

Atlanta 

Thomasville Bancshares, Inc., Thomasville, Georgia -- election to become a financial 

holding company. 

- Effective, June 12, 2002 

International Operations 

Chicago 

Midwest Bank and Trust Company, Elmwood Park, Illinois -- to establish MBTC 

Investment Company I as an agreement corporation, and for MBTC Investment 

Company I to invest in MBTC Investment Company II, a Bermuda corporation. 

- Withdrawn, June 7, 2002 (AC) 

Membership 

Minneapolis 

Peoples National Bank, Hayward, Wisconsin -- to retain membership in the Federal 

Reserve System after conversion to a state charter. 

- Approved, June 13, 2002 

(AC) = Addition or Correction Delegated - Page 5 of 5 
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, June 15, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

The Community Reinvestment Act is intended to encourage depository inst itutions 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, June 15, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

4(c)(8) Citigroup Inc., New York, New York, to acquire all of the Newspaper -- 06/30/2002 

common stock of California Federal Bank, and its ultimate Fed Reg – 07/05/2002 

parent, Golden State Bancorp Inc., both of San Francisco, 

California; and to acquire Citibank (West) FSB, a to-be -formed 

federal savings association.* 

* Subject to 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 period ically. 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 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, June 15, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

The Community Reinvestment Act is intended to encourage depositor y 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 regulatio n 

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, June 15, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satis factory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

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, June 15, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) Southern Financial Bank, Warrenton, Virginia, to merge with Newspaper - N/Avail 

Metro-County Bank of Virginia, Inc., Mechanicsville, Virginia.* 

*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 

CIC Thomas Albert Vann and the following members of his 

immediate family, Lee Masten Vann, Edward Winslow Vann, 

Emily Denton Vann, Richard Small Vann, Patricia Hasty Vann, 

Lynn Masten Forbes and Elizabeth Wells Honeycut, to acquire 

up to 10.98% of the voting securities of First South Bancorp, 

Inc., Washington, North Carolina.* 

3(a)(3) MainStreet BankShares, Inc., Martinsville, Virgini a, to acquire 

100% of the voting shares of Franklin Community Bank, N.A. 

(in organization), Rocky Mount, Virginia.* 

Fed Reg - 06/27/2002 

Newspaper - 07/01/2002 

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 

Membership The Bank of Currituck, Moyock, North Carolina, for 

membership in the Federal Reserve System. 

25 Wachovia Bank, National Association, Charlotte, North 

Carolina, to convert its Shanghai, China, representative office to 

a branch. 

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 imple mented 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 instituti on'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 

353023 Johnsonville State Bank 

127 South Georgetown Highway 

Johnsonville, South Carolina 29555 

03/18/2002 06/09/2002 S X

969424 Highlands Union Bank 

340 West Main Street 

Abingdon, Virginia 24210-2624 

04/01/2002 06/13/2002 S X

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, June 15, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

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

located at 1544 Piedmont Road, Suite 215, Atlanta, Georgia. 

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

located at 1745 Peachtree Road, Suite D, Atlanta, Georgia. 

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

1601 Maryland Avenue, N.E., Washington, D.C., to be known 

as the Hechinger Mall Safeway Office. 

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

6235 Oxon Hill Road, Oxon Hill, Maryland, to be known as the 

Oxon Hill Safeway Office. 

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

14939 Shady Grove Road, Rockville, Maryland, to be known as 

the Fallsgrove Safeway Office. 

Branch First Commercial Bank of Florida, Orlando, Florida, to establish 

a branch located at 3505 W. Lake Mary Boulevard, Lake Mary, 

Florida, to be known as the Lake Mary Office. 

Branch SouthTrust Bank, Birmingham, Alab ama, to establish a branch 

located at One Jackson Place, 188 East Capitol Street, Suite 100, 

Jackson, Mississippi. 

06/12/2002* 

06/12/2002* 

06/18/2002* 

06/18/2002* 

06/18/2002* 

06/18/2002* 

06/15/2002* 

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

Ending date of 

Type Application comment period 

CIC Liberty Shares, Inc., Hinesville, Georgia, after -the-fact change in 

control notification filed by James M. Floyd, Sr., Floyd 

Stockholdings, LP, Floyd Real Estate Holdings, LP, Carolyn M. 

Floyd, James M. Floyd, Jr., Alicia L. Floyd, Meghann T. Floyd, 

Roscoe L. Floyd, Evanne L. Floyd (joint tenants with Right of 

Survivorship), O.C. Martin, Jr., Carroll W. Floyd, Billie G. 

Floyd, all of Hinesville, Georgia; Karen Floyd Boyer, Clayton 

D. Boyer, Mary Nichole Boyer, Nicholas C. Boyer, all of 

Richmond Hill, Georgia, O.C. Martin, III, and Janet P. Martin, 

both of Winston-Salem, North Carolina; to collectively retain 

16.15 percent of the outstanding shares of Liberty Shares, Inc., 

Hinesville, Georgia. 

N/Avail 

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 enti re 

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 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, June 15, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch First Farmers Bank and Trust Company, Converse, Indiana, to 

establish a branch facility to be located at 2040 S. Reed Road, 

Kokomo, Indiana.* 

18C &Branch Midwest Bank and Trust Company, Elmwood Park, Illinois, to 

merge with Midwest Bank of Hinsdale, Hinsdale, Illinois and 

Midwest Bank of McHenry County, Union, Illinois and to 

establish seven branch offices.* 

Branch Northside Community Bank, Gurnee, Illinois, to establish a 

branch facility to be located at 8060 Oakton, Street, Niles, 

Illinois.* 

Branch Sand Ridge Bank, Highland, Indiana, to establish a branch 

facility to be located at the northwest corner of U.S. Hwy 231 

and Broadway Avenue, Crown Point, Indiana.* 

Newspaper – 06/07/2002 

Newspaper – N/Avail 

Newspaper –06/21/2002 

Newspaper –06/18/2002 

* Subject to the provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

CC Notice by the Friday Family (Beth Gore Friday, Mesa, Arizona; 

Allen Gore Friday, Atlantic, Iowa; Arthur Randall Friday, 

Houston, Texas; and Nola Kathleen Friday, Dallas, Texas) to 

retain control of Anita Bancorporation, Atlantic, Iowa and 

thereby to retain Rolling Hills Bank and Trust, Atlantic, Iowa. 

CC Notice by Kenneth A. and Diane M. Hendricks to acquire 

greater than 10 percent of the outstanding shares of Blackhawk 

Bancorp, Inc., Beloit, Wisconsin, and thereby indirectly acquire 

Blackhawk State Bank, Beloit, Wisconsin. 

3(a)(1) Cincinnati BancGroup, Inc., Mason, Ohio, to become a bank 

holding company by acquiring 100 percent of Bank of Kenney, 

Kenney, Illinois.* 

Fed Reg – 05/14/2002 

Newspaper – 05/20/2002 

Fed Reg – 06/05/2002 

Newspaper – 06/14/2002 

Fed Reg – 07/05/2002 

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

Ending date of 

Type Application comment period 

CC Notice by David Lee Gross to acquire greater than 10 percent of 

the outstanding shares of First Beardstown Bancorp, Inc., 

Beardstown, Illinois and thereby indirectly acquire First State 

Bank of Beardstown, Beardstown, Illinois. 

3(a)(1) Franklin Bancorp, Inc., Southfield, Michigan, to become a bank 

holding company by acquiring 100 percent of Franklin Bank, 

N.A., Southfield, Michigan.* 

CC Notice by Gary F. Pribyl, Cedar Rapids, Iowa, of a Change in 

Control, to acquire 26.82 percent of Herky Hawk Financial 

Corp., Monticello, Iowa, as independent trustee of an 

irrevocable voting trust, and thereby indirectly acquire Citizens 

State Bank, Monticello, Iowa. 

3(a)(1) Orchid Financial Bancorp, Inc., St. Charles, Illinois, to become a 

bank holding company by acquiring 100 percent of American 

Eagle Bank (in organization), South Elgin, Illinois.* 

CC Notice by Stephen Suite r, Princeton, Iowa, and Jane Suiter 

Gahard, LeClaire, Iowa, as immediate family acting in concert, 

to increase control of Princeton/LeClaire, Agency, Inc., 

Princeton, Iowa, following the redemption of 199 shares of 

holding company stock. Stephen Suiter will own and control 

41.79 percent individually and Jane Suiter Gahard will own and 

control 7.96 percent. 

Fed Reg – 05/15/2002 

Newspaper – 05/30/2002 

Fed Reg – 06/07/2002 

Newspaper – 06/11/2002 

Fed Reg – 05/22/2002 

Newspaper – 06/04/2002 

Fed Reg – 06/24/2002 

Newspaper – N/Avail 

Fed Reg – 07/01/2002 

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 

3(a)(1) PdS Bancorp, Inc., Prairie du Sac, Wisconsin, to become a bank 

holding company by acquiring 100 percent of Bank of Prairie du 

Sac, Prairie du Sac, Wisconsin. 
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 institut ion'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 

1003549 First State Bank 02/04/2002 06/11/2002 S X 

300 E. Main Street 

Manchester, Iowa 52057 

(563) 927-3814 

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, June 15, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Allie d Bank, Mulberry, Arkansas, to establish a branch facility Newspaper – 07/15/2002 

to be located at 111 North 2nd Street, Ozark, Arkansas.* 

Branch Arvest Bank, Fayetteville, Arkansas, to retain a branch facility Newspaper – 07/02/2002 

located at 1501 West Edmond Road, Edmond, Oklahoma.* 

* 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 

3A1 Independent Group Holdings, Inc., Memphis, Tennessee, to Newspaper – N/Avail Fed 

become a bank holding company by acquiring 100 percent of Reg – N/Avail 

Independent Bank, Memphis, Tennessee.* 

* 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 Bank of Crockett, Bells, Tennessee, to become a member of the 

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

Type Application 

Member Bank of Halls, Halls, Tennessee, to become a member of the 

Federal Reserve System. 

Member The Bank of Jackson, Jackson, Tennessee, to become a member 

of the Federal Reserve System. 

Member Gates Banking & Trust Company, Gates, Tennessee, to become 

a member of the Federal Reserve System. 

Member Security Bank, Newbern, Tennessee, 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 acc ount 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 inst itution'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 

426141 First State Bank of St. Peter 02/25/2002 06/10/2002 S X

St. Peter, Illinois 

499613 Fifth Third Bank, Kentucky, Inc. 03/05/2001 06/12/2002 O X 

Louisville, Kentucky 

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, June 15, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

The Community Reinvestment Act is intended to encourage depos itory 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 

21359 American State Bank of Grygla, 2/20/2002 06/14/2002 O X Grygla, Minnesota 

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, June 15, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period

18(c) First State Bank of Taos, Taos, New Mexico, to merge Newspaper - N/Available 

with First Community Industrial Bank, Denver, Colorado, 

and incident thereto, establish several branches that will 

operate under the charter and title of First State Bank of 

Taos, Taos, New Mexico. 

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

Ending date of 

Type Application comment period 

CIC Patrick Turner Rooney, Oklahoma City, Oklahoma, to 

acquire control of First Bancorp of Oklahoma, Inc., 

Tonkawa, Oklahoma, parent of First National Bank of 

Oklahoma, Ponca City, Oklahoma. 

CIC Bruce L. Bachman and Matthew C. Bachman, both of 

Centralia, Kansas, to acquire control of First Centralia 

Bancshares, Inc., Centralia, Kansas, parent of The First 

National Bank of Centralia, Centralia, Kansas. 

CIC Michele Costello Lundy and Christopher G. Costello, both 

of Marion, Kansas, to acquire control of Tampa State 

Bankshares, Inc., Tampa, Kansas, parent of Tampa State 

Bank, Tampa, Kansas. 

CIC John Steven Schnoor and Carmela Rose Schnoor, both of 

Hildreth, Nebraska, to acquire control of Hildreth State 

Company, Inc., Hildreth, Nebraska, parent of State Bank of 

Hildreth, Hildreth, Nebraska. 

Newspaper - 07/03/2002 

Fed Reg - 07/03/2002 

Newspaper - 06/28/2002 

Fed Reg - 07/03/2002 

Newspaper - 07/03/2002 

Fed Reg - 06/26/2002 

Newspaper - N/Available 

Fed Reg - 07/02/2002 
Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 

Section V – Availability of CRA public evaluations 

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

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 

277053 First State Bank of Hotchkiss 03/18/2002 06/12/2002 S X 

102 E. Bridge Street 

Hotchkiss, Colorado 81419 
Section VI – CRA examinations scheduled for Third Quarter of 2002 

Institution Location 

Citizens Cortez 

Mountain State Bank 

WestStar Bank 

American Bank of Baxter Springs 

Cornerstone Bank 

Bank of Hartington 

Webb City Bank 

Western Bank 

First State Bank 

The Community Bank 

Farmers State Bank 

American Bank and Trust 

Jackson State Bank 

Unita County State Bank 

Cortez, Colorado

Denver, Colorado

Vail, Colorado

Baxter Springs, Kansas

Overland Park, Kansas

Hartington, Nebraska

Webb City, Missouri

Gallup, New Mexico

Taos, New Mexico

Poteau, Oklahoma

Quinton, Oklahoma

Sapulpa, Oklahoma

Jackson, Wyoming

Mountain View, Wyoming

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 institutions will be examined in that quarter. 

Reserve Banks may need to defer a planned examination or conduct an unforesee n examination because 

of scheduling difficulties or other circumstances. 
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, June 15, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Community Bank, Granbury, TX, to establish a branch office at 06/28/2002 

6904 Colleyville Boulevard, Colleyville, TX, 76034- 6244* 

*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) Overton Financial Corporation, Overton, TX, and Overton Fed Reg – 06/28/2002 

Delaware Corporation, Dover, DE, to acquire Longview Newspaper – 06/18/2002 

Financial Corporation, Longview, TX, and indirectly, Longview 

Delaware Corporation, Dover, DE, Longview Bank and Trust 

Company, Longview, TX, and First State Bank, Van, TX* 

(previously reported the week ending June 1, 2002) 

*Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

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 evaluat ed 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, June 15, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

The Community Reinvestment Act is intended to encourage depository 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 regulatio n 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 de posit 

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