Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 3 

Week Ending January 18, 2003 

Board of Governors of the Federal Reserve System, Washington, DC 20551 
H.2 Board Actions January 12, 2003 to January 18, 2003 

Bank Holding Companies 

Royal Bank of Canada, Montreal, Canada, and RBC Centura Banks, Inc., Rocky 

Mount, North Carolina -- to acquire Admiralty Bancorp, Inc., Palm Beach Gardens, 

Florida, and Admiralty Bank; and for RBC Centura Banks' subsidiary, RBC Centura 

Bank, to merge with Admiralty Bank and establish branches. 

- Approved, January 13, 2003 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority January 12, 2003 to January 18, 2003 

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

IF International Finance 

OSDM Office of Staff Director for Management 

C&CA Consumer and Community Affairs 

FOMC Federal Open Market Committee 

Bank Branches, Domestic 

Secretary 

Atlanta 

Capital City Bank, Tallahassee, Florida -- to establish a branch at 10290 Regency Park 

Boulevard, Port Richey. 

- Approved, January 16, 2003 

Compass Bank, Birmingham, Alabama -- to establish branches at the following locations: 

the intersections of North Lake Pleasant and West Beardsley Roads Peoria, Arizona; 

North 75th Avenue and West Thunderbird Road; West Bell Road and West Grand 

Avenue, Surprise; North 67th Avenue and State Highway 101, Glendale; South Gilbert 

and West Warner Roads, Gilbert; East Baseline and North Cooper Roads; North 

Garland Avenue and State Highway 190, Garland, Texas; Gattis School and Red Bud 

Lane, Round Rock; East Smoky Hill Road and South Himalaya Street, Centennial, 

Colorado; East Florida Avenue and South Havana Street, Aurora; Highway 470 and 

Gartrell Road; West 80th Avenue and Wadsworth Boulevard, Arvada; and Central 

Avenue East and Tramway Boulevard Northeast, Albuquerque, New Mexico, and 

at12434 North Tatum Boulevard, Phoenix, Arizona, and 4625 Centerview Drive, San 

Antonio, Texas. 

- Approved, January 15, 2003 

Chicago 

M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin -- to establish a branch at CR-KK 

and Eisenhower Drive, Appleton. 

- Approved, January 14, 2003 

Chicago 

Tri-County Bank, Brown City, Michigan -- to establish a branch at 4436 Main Street. 

- Approved, January 16, 2003 

Bank Holding Companies 

Philadelphia 

CBT, Financial Corp., Clearfield, Pennsylvania -- to become a bank holding company 

through the acquisition of Clearfield Bank and Trust Company. 

- Approved, January 17, 2003 

(AC) = Addition or Correction Delegated - Page 1 of 6 
H.2 Actions under delegated authority January 12, 2003 to January 18, 2003 

Bank Holding Companies 

Director, BS&R 

Citizens Financial Group, Inc., Providence, Rhode Island -- to invest in two companies in 

the United Kingdom and engage in activities permissible under Regulation K. 

- Approved, January 13, 2003 

Kansas City 

First Okmulgee Corporation, Okmulgee, Oklahoma -- to acquire First National of 

Henryetta, Inc. 

- Approved, January 15, 2003 

San Francisco 

Gold Country Financial Services, Inc., Marysville, California -- to become a bank holding 

company through the acquisition of Gold Country Bank, N.A. 

- Approved, January 17, 2003 

Kansas City 

Healthcare Bancorp, Inc., Broken Arrow, Oklahoma -- to become a bank holding 

company through the acquisition of Federal BankCentre. 

- Withdrawn, January 14, 2003 

Chicago 

Liberty Financial Services, Inc., Sioux City, Iowa -- to become a bank holding company 

through the acquisition of Liberty National Bank, Sioux City, a de novo bank. 

- Withdrawn, January 15, 2003 

Minneapolis 

Olmsted Holding Corporation, Byron, Minnesota -- to become a bank holding company 

through the acquisition of Olmsted National Bank, Rochester. 

- Approved, January 14, 2003 

Boston 

Port Financial Corp, Brighton, Massachusetts -- relief from a commitment. 

- Granted, January 15, 2003 

(AC) = Addition or Correction Delegated - Page 2 of 6 
H.2 Actions under delegated authority January 12, 2003 to January 18, 2003 

Bank Mergers 

Dallas 

Texas Regional Bancshares, Inc., McAllen, Texas, and Texas Regional Delaware, Inc., 

Wilmington, Delaware -- to merge with Corpus Christi Bancshares, Inc., Corpus Christi, 

Texas, and acquire CCB-Nevada, Inc., Carson City, Nevada, and The First State Bank, 

Bishop, Texas; and for Texas Regional Bancshares' subsidiary, Texas State Bank, to 

merge with The First State Bank and establish branches at existing locations. 

- Approved, January 16, 2003 

Bank Premises 

St. Louis 

Citizens Bank & Trust Company, Van Buren, Arkansas -- to increase its investment in 

bank premises. 

- Withdrawn, January 15, 2003 

Banks, Foreign 

Director, BS&R 

Barclays Bank, PLC, London, England -- waiver of notification period to establish a 

branch in Miami, Florida. 

- Granted, January 16, 2003 

Change In Bank Control 

Atlanta 

Community Bank of South Florida, Inc., Homestead, Florida -- change in bank control. 

- Permitted, January 17, 2003 

Kansas City 

Hastings Bancorp, Inc., Hastings, Nebraska -- change in bank control. 

- Permitted, January 13, 2003 

San Francisco 

Silver State Bancorp, Henderson, Nevada -- change in bank control notices. 

- Permitted, January 17, 2003 

St. Louis 

Whittington Bancorp, Inc., Whittington, Illinois -- change in bank control. 

- Permitted, January 14, 2003 

(AC) = Addition or Correction Delegated - Page 3 of 6 
H.2 Actions under delegated authority January 12, 2003 to January 18, 2003 

Competitive Factors Reports 

New York 

BPABank, National Association, Newark, New Jersey -- report on competitive factors 

of the proposed merger with Interbank of New York, New York, New York. 

- Submitted, January 17, 2003 

Chicago 

Citizens Bank, Clive, Iowa -- report on competitive factors of the proposed merger with 

Citizens Bank, Mount Ayr, and Citizens Bank of Princeton, Princeton, Missouri. 

- Submitted, January 16, 2003 

Minneapolis 

Eastwood Bank, Kasson, Minnesota -- report on competitive factors of the proposed 

purchase of certain assets and assumption of certain liabilities of a Rochester branch of 

Merchants Bank, National Association, Winona. 

- Submitted, January 13, 2003 

Kansas City 

Emprise Bank, Iola, Kansas -- report on competitive factors of the proposed purchase of 

certain assets and assumption of certain liabilities of the Chanute, Humboldt, and Iola 

branches of Enterprise Bank, Clayton, Missouri. 

- Submitted, January 10, 2003 (AC) 

Chicago 

First National Bank and Trust Co., Beloit, Wisconsin -- report on competitive factors of 

the proposed purchase of three branches of Amcore Bank, National Association, 

Rockford, Illinois. 

- Submitted, January 16, 2003 

Atlanta 

Legends Bank, Clarksville, Tennessee -- report on competitive factors of the proposed 

purchase of certain assets and assumption of deposits liabilities of three Clarksville 

branches of National Bank of Commerce, Memphis. 

- Submitted, January 15, 2003 

(AC) = Addition or Correction Delegated - Page 4 of 6 
H.2 Actions under delegated authority January 12, 2003 to January 18, 2003 

Competitive Factors Reports 

Cleveland 

Peoples Bank, National Association, Marietta, Ohio -- report on competitive factors of 

the proposed merger with Kentucky Bank & Trust, Russell, Kentucky. 

- Submitted, January 17, 2003 

Chicago 

Security State Bank, Independence, Iowa -- report on competitive factors of the 

proposed purchase of assets and assumption of deposit liabilities of the Dysart branch of 

Union Planters Bank, National Association, Memphis, Tennessee. 

- Submitted, January 16, 2003 

Atlanta 

Small Town Bank, Wedowee, Alabama -- report on competitive factors of the proposed 

purchase of assets and liabilities of the Roanoke branch of The Bank, Warrior. 

- Submitted, January 15, 2003 

Extensions Of Time 

Secretary 

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

(Thailand) Limited, Bangkok, Thailand, to divest interests in certain properties. 

- Granted, January 15, 2003 

Financial Holding Companies 

Minneapolis 

Midwest Bancorporation, Billings, Montana -- election to become a financial holding 

company. 

- Effective, January 16, 2003 

Membership 

Kansas City 

Auburn State Bank, Auburn, Nebraska -- to become a member of the Federal Reserve 

System. 

- Approved, January 17, 2003 

(AC) = Addition or Correction Delegated - Page 5 of 6 
H.2 Actions under delegated authority January 12, 2003 to January 18, 2003 

Membership 

Chicago 

First Bank & Trust Company, Glidden, Iowa -- membership in the Federal Reserve 

System. 

- Withdrawn, January 13, 2003 

Reserve Bank Services 

Director, RBOPS 

Federal Reserve Information Technology -- to acquire equipment and software licenses 

and engage professional services. 

- Approved, January 14, 2003 

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

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, January 18, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

3(a)(1) Butler Bancorp, MHC, and its subsidiary, Butler Bancorp, Inc., Newspaper - 2/15/2003 

both of Lowell, Massachusetts - to become a mutual bank Fed Reg - N/Avail 

holding company and stock bank holding company, respectively, 

through the indirect and direct acquisition, respectively, of up to 

100% of the common stock of Butler Bank, a Co-Operative 

Bank, Lowell, Massachusetts 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

Federal bank regula tors 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, January 18, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch J.P. Morgan Chase, New York, New York, to establish a branch Newspaper – N/Avail 

office at 277 Park Avenue, New York, New York. 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, January 18, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

3(a)(1) CBT Financial Corp, Clearfield, PA to form a holding company 

by acquiring Clearfield Bank and Trust Company, Clearfield, 

PA. 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, January 18, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

CIC Change in Control notice filed by David B. Cook with intent to 

retain up to 10.940 percent of the outstanding voting shares of 

HFB Financial Corporation, Middlesboro, KY. 

Newspaper-N/Avail 

Fed Reg- 01/29/2003 

3A1 McCreary National Bancorp, Inc., Corbin, Ky to acquire 

McCreary National Bank, Whitley City, KY.* 

Newspaper - 02/10/2003 

Fed Reg - 02/18/2003 

*Subject to the provisions of the Community Reinvestment Act. 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, January 18, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

3(a)(3) Friedman, Billings, Ramsey Group, Inc. (currently known as 

Forest Merger Corporation), and FBR TRS Holdings, Inc., both 

of Arlington, Virginia, to acquire more than 5% of the voting 

shares of Bancorp Rhode Island, Inc., Providence, Rhode Island, 

and thereby indirectly acquire Bank Rhode Island, East 

Providence, Rhode Island. 

3(a)(3) Friedman, Billings, Ramsey Group, Inc. (currently known as 

Forest Merger Corporation), and FBR TRS Holdings, Inc., both 

of Arlington, Virginia, to acquire more than 5% of the voting 

shares of The Banc Corporation, Birmingham, Alabama, and 

thereby indirectly acquire The Bank, Warrior, Alabama. 

4(c)(8) Friedman, Billings, Ramsey Group, Inc. (currently known as 

Forest Merger Corporation), and FBR TRS Holdings, Inc., both 

of Arlington, Virginia, to acquire more than 5% of the voting 

shares of Hawthorne Financial Corporation, El Segundo, 

California, and thereby indirectly acquire Hawthorne Savings, 

F.S.B., El Sugundo, California. 

3(a)(3) Friedman, Billings, Ramsey Group, Inc. (currently known as 

Forest Merger Corporation), and FBR TRS Holdings, Inc., both 

of Arlington, Virginia, to acquire more than 5% of the voting 

shares of Pacific Union Bank, Los Angeles, California. 

Fed Reg - 02/18/2003 

Newspaper - 02/14/2003 

Fed Reg - 02/18/2003 

Newspaper - 02/14/2003 

Fed Reg - N/Avail 

Newspaper - 02/11/2003 

Fed Reg - 02/18/2003 

Newspaper - 02/14/2003 
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 

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

its investment in Bank of America Brasil S.A., Sao Paulo, 

Brazil. 

Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

310875 Shore Bank 11/04/2002 01/18/2003 S X 

25253 Lankford Highway 

Onley, Virginia 23418-0920 

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, January 18, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch SouthTrust Bank, Birmingham, Alabama, to establish a branch Newspaper-01/23/2003 

located at 8994 S.W. 40th Street, Miami, Florida, to be known 

as the Westchester Office, and at 2090 N.W. 107 Avenue, 

Miami, Florida, to be known as Doral Pointe Office.* 

*Subject to provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

3(a)(1) Coastal Commerce Bancshares, Inc., Houma, Louisiana, to 

become a bank holding company by acquiring Coastal 

Commerce Bank, Houma, Louisiana.* 

CIC FBT Bancorp, Inc., Baton Rouge, Louisiana, prior change in 

control notice by L. Michael Ashbrook and Charles T. Bruce, to 

acquire in the aggregate up to approximately 40 percent of the 

outstanding shares of FBT Bancorp, Inc., Baton Rouge, 

Louisiana, and its subsidiary, Fidelity Bank and Trust Company, 

Baton Rouge, Louisiana. 

3(a)(1) First Commerce Community Bankshares, Inc., Douglasville, 

Georgia, to become a bank holding company by acquiring First 

Commerce Community Bank, Douglasville, Georgia (in 

organization).* 

3(a)(5) SouthTrust Corporation, Birmingham, Alabama, to merge with 

Founders Bancshares, Inc., and its subsidiaries, Founders 

National Bank, both of Dallas, Texas.* 

3(a)(5) United Community Banks, Inc., Blairsville, Georgia, to merge 

with First Central Bancshares, Inc., and thereby acquire First 

Central Bank, both of Lenoir City, Tennessee.* 

Newspaper-02/10/2003 

Fed Reg-02/14/2003 

Newspaper-02/02/2003 

Fed Reg-02/04/2003 

Newspaper-12/28/2002 

Fed Reg-01/02/2003 

Newspaper-N/Avail 

Fed Reg-02/14/2003 

Newspaper-02/14/2003 

Fed Reg-02/14/2003 

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

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 

Section V – Availability of CRA public evaluations 

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

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

by the Congress in 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 

2581905 Rivoli Bank & Trust 

5980 Zebulon Road 

Macon, Georgia 31210 

(478) 742-5040 

699534 Southwest Georgia Bank 

Post Office Box 3488 

Moultrie, Georgia 31776 

(229) 985-1120 

10/15/2002 01/13/2003 O X 

10/07/2002 01/16/2003 O X 
Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, January 18, 2003 

Section I – Applications subject to newspaper notice only 

Type Application 

Branch First Midwest Bank, Itasca, Illinois, to establish two branch 

facilities to be located at 19305 Sandlake Road, Lindenhurst, 

Illinois, and at the intersection of 179th and Wolf Road, Orland 

Park, Illinois.* 

Branch Heritage Community Bank, Columbus, Indiana, to establish a 

branch facility to be located at 1665 National Road, Columbus, 

Indiana.* 

18C & Branches Unionbank, Streator, Illinois, to merge with Unionbank/Central, 

Princeton, Illinois, and thereby to establish 5 branches.* 

Ending date of 

comment period 

Newspaper – 01/07/2003 

Newspaper – 01/27/2003 

Newspaper – N/Avail 

* Subject to the provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

3(a)(3) Amtrust, Inc., Dubuque, Iowa, to acquire 9.9 percent of United 

American Bank, San Mateo, California, a de novo bank in 

organization.* 

CIC Notice by the Eldred 2002 Family Trust, Beloit, Wisconsin, and 

Co-Trustees Helen M. Eldred, Beloit, Wisconsin, Susan E. 

Boettcher, Wauwatosa, Wisconsin, Steven M. Eldred, Beloit, 

Wisconsin, and Richard J. Langer, Madison, Wisconsin, to 

acquire control of Centre 1 Bancorp, Inc., Beloit, Wisconsin, 

and thereby indirectly acquire First National Bank and Trust 

Company of Beloit, Beloit, Wisconsin. 

3(a)(5) First Mutual Bancorp of Illinois, Inc., Harvey, Illinois, to 

acquire 90 percent of the voting shares of Security Bancorp of 

Dupage, Inc., Naperville, Illinois, and thereby indirectly acquire 

Security Bank of Dupage, Naperville, Illinois.* 

Fed Reg – 02/06/2003 

Newpaper – 02/06/2003 

Fed Reg – N/Avail 

Newspaper – N/Avail 

Fed Reg – 11/01/2002 

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 

4(c)(8) Bank One Corporation, Chicago, Illinois, proposes to expand to Fed Reg – 02/06/2003 

not more than 15 percent of its total consolidated capital stock 

and surplus its investments in community development 

activities. 

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

Type Application 

None 

Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

465645 Unionbank/Central 

601 S. Main Street 

Princeton, Illinois 61356 

(815) 879-6010 

786041 Unionbank/West 

440 N. Lafayette 

Macomb, Illinois 61455 

(309) 837-6664 

08/26/2002 01/14/2003 S X 

07/15/2002 01/16/2003 S X 
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, January 18, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Southern Bank of Commerce, Paragould, Arkansas, to establish Newspaper – 01/29/2003 

a branch facility to be located at 601 North Holman, Brookland, 

Arkansas.* 

* Subject to the provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, January 18, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

CIC Notice by Sabina Bosshard, Winona, Minnesota and William H. 

Bosshard, La Crosse, Wisconsin, to gain control of Cla yton 

Bankshares Inc., Clayton, Wisconsin, and thereby indirectly gain 

control of Citizens State Bank of Clayton, Clayton, Wisconsin. 

Fed Reg – 01/27/2003 

Newspaper – 01/31/2003 

3(a)(3) Ravalli County Bankshares, Inc., Hamilton, Montana, to acquire 

32.86% of the voting shares of West One Bank, Kalispell, 

Montana, a de novo bank.* 

Fed Reg – 02/14/2003 

Newspaper – N/Avail 

3(a)(3) Bitterroot Holding Company, Lolo, Montana, to acquire 32.86% 

of the voting shares of West One Bank, Kalispell, Montana, a de 

novo bank.* 

Fed Reg – 02/14/2003 

Newspaper – N/Avail 

3(a)(1) American Eagle Financial Corporation, Albertville, Minnesota, 

to become a bank holding company by acquiring 100% of 

Riverview Community Bank, Otsego, Minnesota, a de novo 

bank.* 

Fed Reg – N/Avail 

Newspaper – N/Avail 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

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

Type Application 

None 

Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

823656 First State Bank Southwest 

Pipestone, Minnesota 

09/16/2002 01/14/2003 O X

663058 Rocky Mountain Bank 

Billings, Montana 

08/26/2002 01/15/2003 S X

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, January 18, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

3(a)(3) Campbell State Company, Lincoln, Nebraska, to acquire 100 

percent of the voting shares of Blue Hill Agency, Inc., Blue Hill, 

Nebraska, parent of Commercial Bank, Blue Hill, Nebraska. 

3(a)(3) Hometown Banc Corp, Grand Island, Nebraska, to acquire 51 

percent of the voting shares of Five Points Bank of Hastings, 

Hastings, Nebraska (formerly known as Hometown Bank, 

Hastings, Nebraska) upon its conversion from a federal savings 

bank to a state-chartered commercial bank. 

CIC Notice by Central of Kansas, LP and Thomas Rolfs, Christine 

Munson, and James Waters, as co-trustees of CKI Management 

Trust, dated January 1, 2003, to acquire control of Central of 

Kansas, Inc., Junction City, Kansas, parent of Central National 

Bank, Junction City, Kansas. 

Newspaper - 02/14/2003 

Fed Reg - 02/14/2003 

Newspaper - 01/20/2003 

Fed Reg - 01/13/2003 

Newspaper - 12/04/2002 

Fed Reg - 12/02/2002 

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 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 

152851 First Community Bank 10/28/2002 01/13/2003 O X 

2160 W. Highway 50 

Emporia, Kansas 66801 

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, January 18, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, January 18, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

CIC Notice by Alan Wilber Rolley, Dallas, Texas, and Blake Alan Rolley, 

Flagstaff, Arizona, acting in concert, to increase their ownership 

up to 33.06 percent of Arizona Bancshares, Inc., Flagstaff, 

Arizona.*

Newspaper – N/Avail

Fed Reg – 02/04/2003

* 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

4c8 Wells Fargo & Company, San Francisco, California, Wells Fargo 

Financial Services, Inc., and Wells Fargo Financial, Inc., both of 

Des Moines, Iowa, to indirectly acquire through their wholly 

owned subsidiary, Wells Fargo Financial Leasing, Inc., Des 

Moines, Iowa, substantially all of the assets and assume certain 

liabilities of Telmark LLC, DeWitt, New York, and its subsidiaries, 

Telease Financial Services, Ltd., Ontario, Canada, Telmark Lease 

Funding II, LLC and Telmark Lease Funding III, LLC, DeWitt, 

New York.
Section V – Availability of CRA public evaluations 

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

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

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

revised in May 1995. 

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

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

facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

995076 Cache Valley Bank 

101 N. Main Street 

Logan, Utah 84321 

435-753-3020 

2453132 Pierce Commercial Bank 

5821 S. Sprague Ct. 

Tacoma, Washington 98409 

235-471-1500 

09/23/2002 01/14/2003 S X 

09/23/2002 01/17/2003 S X 

The above listing has been prepared as a courtesy by the Federal Reserve Bank of San Francisco, and is not intended 

to replace formal notices required by statute or regulation; the Reserve Bank assumes no responsibility for errors or 

omissions. 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None