Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 29

Week Ending July 17, 2004

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions July 11, 2004 to July 17, 2004

Testimony And Statements

Monetary Policy Objectives -- statement by Chairman Greenspan before the Senate 

Committee on Banking, Housing, and Urban Affairs on July 20, and before the House 

Committee on Financial Services on July 21, 2004. 

- Authorized, July 15, 2004 

Bank Holding Companies

J.P. Morgan Chase & Co., New York, New York -- commenter's request for 

reconsideration of the Board's approval of the application to merge with Bank One 

Corporation, Chicago, Illinois.

- Denied, July 15, 2004 

LBT Bancshares, Inc., Litchfield, Illinois -- to acquire shares of Security Bancshares, 

Inc., Witt, and Security National Bank.

- Approved, July 16, 2004 

Regions Financial Corporation, Birmingham, Alabama -- commenter's request for 

reconsideration of the Board's approval of the application to merge with Union Planters 

Corporation, Memphis, Tennessee, and thereby acquire Union Planters Bank, National 

Association, and Union Planters Bank of the Lakeway Area, Morristown.

- Denied, July 14, 2004 

Forms

Information Collection -- Final Board review to extend without revision the Investment in 

Bank Premises Notification (FR 4014).

- Approved, July 9, 2004 (AC)

Regulations And Policies

Community Reinvestment Act Regulations -- withdrawal of proposed interagency 

revisions (Docket No. R-1181).

- Approved, July 16, 2004 

Monetary Policy -- report to the Congress.

- Authorized, July 13, 2004 

(AC) = Addition or Correction Board - Page 1 of 2
H.2 Board Actions July 11, 2004 to July 17, 2004

Enforcement

First Midwest Bank, Itasca, Illinois -- written agreement with the Illinois Department of 

Financial and Professional Regulation and the Federal Reserve Bank of Chicago.

- Announced, July 12, 2004 

(AC) = Addition or Correction Board - Page 2 of 2
July 11, 2004 to July 17, 2004

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 Systems

International Finance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

The Citizens Bank of Edmond, Edmond, Oklahoma -- to establish a branch at 855 West 

Covell Road.

- Approved, July 16, 2004 

Kansas City

Farmers and Merchants Bank of Central California, Lodi, California -- to establish a 

branch at 10330 Twin Cities Road, Galt.

- Approved, July 16, 2004 

San Francisco

Fifth Third Bank, Cincinnati, Ohio -- to establish a temporary branch at the Pete Day 

Golf Course, 801 Aaron Smith Drive, Bridgeport, West Virginia.

- Approved, July 14, 2004 

Cleveland

Fifth Third Bank, Grand Rapids, Michigan -- to establish branches at 2010 Whitaker 

Road, Ypsilanti; the southeast corner of Gratiot Avenue and East State Fair Street, 

Detroit; the northeast corner of East Jefferson Avenue and McDougall Street; 321 South 

Saginaw Road, Midland; 6620 South Tamiami Trail, Sarasota, Florida; the east side of 

Dixie Highway south of Kendall Road, Louisville, Kentucky; 3821 Ruckriegel Parkway; 

1975 Highland Pike, Fort Wright; 333 West Army Trail Road, Bloomingdale, Illinois; and 

837 West North Avenue, Chicago.

- Approved, July 14, 2004 

Cleveland

First Bank, St. Louis, Missouri -- to establish a branch at 701 B Street, #150, San 

Diego, California.

- Approved, July 16, 2004 

St. Louis

Plaza Park State Bank, Waite Park, Minnesota -- to establish a branch at 6th Avenue 

South.

- Approved, July 16, 2004 

Minneapolis

(AC) = Addition or Correction Delegated - Page 1 of 7
H.2 Actions under delegated authority July 11, 2004 to July 17, 2004

Bank Branches, Domestic

Regions Bank, Birmingham, Alabama -- to establish branches at the intersection of 

Highway 280 and Doug Baker Boulevard in Village at Lee Branch, Pad C, and at the 

northwest corner of Heritage Drive and Highway 69, Tyler, Texas.

- Approved, July 12, 2004 

Atlanta

SunTrust Bank, Atlanta, Georgia -- to establish a branch at 1738 Amherst Street, 

Winchester, Virginia.

- Approved, July 13, 2004 

Atlanta

Webb City Bank, Webb City, Missouri -- to establish a branch at Airport Road and 

North Main Street, Airport Road Village.

- Approved, July 12, 2004 

Kansas City

WestStar Bank, Vail, Colorado -- to establish a branch at 3401 Quebec Street, Suite 

9300, Denver.

- Approved, July 16, 2004 

Kansas City

Bank Holding Companies

The Adirondack Trust Company Employee Stock Ownership Trust, Saratoga Springs, 

New York -- to acquire shares of 473 Broadway Holding Corporation and The 

Adirondack Trust Company.

- Approved, July 15, 2004 

Secretary

Central Wisconsin Financial Services, Inc., Wausau, Wisconsin -- to become a bank 

holding company and to acquire Bank of Wausau.

- Approved, July 16, 2004 

Chicago

(AC) = Addition or Correction Delegated - Page 2 of 7
H.2 Actions under delegated authority July 11, 2004 to July 17, 2004

Bank Holding Companies

First Community Corporation, Lexington, South Carolina -- to acquire DutchFork 

Bancshares, Inc., Newberry, and thereby acquire Newberry Federal Savings Bank.

- Approved, July 12, 2004 

Richmond

Metcalf Bancshares, Inc., Overland Park, Kansas -- to engage in lending activities.

- Withdrawn, July 13, 2004 

Kansas City

NRW.Bank, Duesseldorf, Germany -- to continue to engage in certain nonbanking 

activities currently conducted by its subsidiary, WestLB AG.

- Approved, July 15, 2004 

New York

NSB Holdings, Inc., Macon, Georgia -- to become a bank holding company and to 

acquire New Southern Bank.

- Approved, July 15, 2004 

Atlanta

Parkway Bancorp, Inc., Harwood Heights, Illinois -- to acquire United Arizona Bank, 

National Association, Cave Creek, Arizona.

- Approved, July 13, 2004 

Chicago

S&T Bancorp, Inc., Indiana, Pennsylvania -- to acquire shares of Fidelity Bancorp, Inc., 

Pittsburgh, and thereby acquire Fidelity Savings Bank.

- Approved, July 13, 2004 

Cleveland

Wintrust Financial Corporation, Lake Forest, Illinois -- to acquire Northview Financial 

Corporation, Northfield, and thereby acquire Northview Bank & Trust.

- Approved, July 13, 2004 

Chicago

(AC) = Addition or Correction Delegated - Page 3 of 7
H.2 Actions under delegated authority July 11, 2004 to July 17, 2004

Bank Mergers

Pioneer Bank, Mapleton, Minnesota -- to purchase the assets and assume the liabilities of 

the North Mankato branch of 21st Century Bank, Ham Lake, and establish a branch at 

1735 Commerce Drive, North Mankato.

- Approved, July 15, 2004 

Minneapolis

Banks, State Member

Bank of Alabama, Birmingham, Alabama -- to make an equity investment in CBAA 

Services, Inc.

- Approved, July 16, 2004 

Atlanta

Change In Bank Control

Cooper Lake Financial Corporation, Cooper, Texas -- change in bank control.

- Permitted, July 16, 2004 

Dallas

FNB Financial Services, Inc., Durant, Oklahoma -- to retain control of FNB Financial 

Services, Inc.

- Permitted, July 13, 2004 

Kansas City

New Mexico First Financial, Inc., Dover, Delaware -- change in bank control.

- Permitted, July 13, 2004 

Dallas

Competitive Factors Reports

Abington Savings Bank, Jenkintown, Pennsylvania -- report on competitive factors of the 

proposed merger with Abington Interim Two in connection with a reorganization from a 

mutual savings bank to a mutual holding company.

- Submitted, July 16, 2004 

Philadelphia

(AC) = Addition or Correction Delegated - Page 4 of 7
H.2 Actions under delegated authority July 11, 2004 to July 17, 2004

Competitive Factors Reports

Bank of America, National Association, Charlotte, North Carolina -- report on 

competitive factors of the proposed merger with Fleet National Bank, Providence, Rhode 

Island.

- Submitted, July 13, 2004 

Richmond

Capital City Bank, Tallahassee, Florida -- report on competitive factors of the proposed 

merger with Farmers & Merchants Bank, Dublin, Georgia.

- Submitted, July 13, 2004 

Atlanta

Chase Manhattan Bank USA, National Association, Newark, Delaware -- report on 

competitive factors of the proposed merger with Bank One Delaware, N.A., Wilmington, 

Delaware.

- Submitted, July 16, 2004 

Philadelphia

East-West Bank, San Marino, California -- report on competitive factors of the proposed 

merger with Trust Bank, Monterey Park.

- Submitted, July 16, 2004 

San Francisco

First Financial Bank, Downingtown, Pennsylvania -- report on competitive factors of the 

proposed acquisition of certain assets and assumption of certain deposit liabilities of the 

Exton branch of First Trust Savings Bank, Conshohocken.

- Submitted, July 16, 2004 

Philadelphia

MidCountry Financial Corporation, Macon, Georgia -- report on competitive factors of 

the proposed acquisition of FSF Financial Corporation, Hutchinson, Minnesota, and the 

proposed merger of FSF Financial Corporation's subsidiary, First Federal FSB, with 

Bayside Bank, Minnetonka, a subsidiary of MidCountry Financial Corporation.

- Submitted, July 12, 2004 

Atlanta

(AC) = Addition or Correction Delegated - Page 5 of 7
H.2 Actions under delegated authority July 11, 2004 to July 17, 2004

Competitive Factors Reports

New South Federal Savings Bank, Birmingham, Alabama -- report on competitive 

factors of the proposed purchase of certain assets and acquisition of certain deposit 

liabilities of UMBRELLABANK, FSB, Chicago, Illinois.

- Submitted, July 15, 2004 

Atlanta

Omega Bank, National Association, State College, Pennsylvania -- report on competitive 

factors of the proposed merger with Sun Bank, Lewisburg.

- Submitted, July 16, 2004 

Philadelphia

Extensions Of Time

American Community Bancorp, Inc., Evansville, Indiana -- extension to September 1, 

2004, to become a bank holding company and to acquire Bank of Evansville, National 

Association.

- Granted, July 16, 2004 

St. Louis

AmFin Holding Company, Silver City, New Mexico -- extension to October 21, 2004, 

to become a bank holding company and to acquire AmBank.

- Granted, July 12, 2004 

Dallas

Citigroup Inc., New York, New York -- extensions of time for its subsidiary, Banco 

Nacional de Mexico, S.A., Mexico City, Mexico, to divest its interest in certain assets 

acquired in settlement of debts previously contracted (DPC).

- Granted, July 15, 2004 

Secretary

Gold Bank, Leawood, Kansas -- extension to November 4, 2004, to merge with Gold 

Bank, Bradenton, Florida, and establish branches.

- Granted, July 16, 2004 

Kansas City

(AC) = Addition or Correction Delegated - Page 6 of 7
H.2 Actions under delegated authority July 11, 2004 to July 17, 2004

Extensions Of Time

SunTrust Bank, Atlanta, Georgia -- extension to August 28, 2005, to establish a branch 

at the intersection of Riverside Parkway and Lansdowne Boulevard, Leesburg, Virginia.

- Granted, July 13, 2004 

Atlanta

Membership

Bank of Bartlett, Bartlett, Tennessee -- to become a member of the Federal Reserve 

System and to retain Bartlett Travel as a financial subsidiary.

- Approved, July 13, 2004 

St. Louis

(AC) = Addition or Correction Delegated - Page 7 of 7
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, July 17, 2004

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, July 17, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

FBSEA Banco De Chile, Santiago, Chile, to convert its Miami, Florida 

Agency to a Branch.

Newspaper – N/Avail

FBSEA Banco Del Estado De Chile, Santiago, Chile, to establish a statelicensed branch in New York, New York.Newspaper – N/Avail

Branch* Bank of New York, New York, New York, to establish a full 

service branch at 1886 Eastchester Road, Bronx, New York.

Newspaper – 07/28/2004

Branch* Bank of Smithtown, Smithtown, New York, to establish a 

branch office located at 100 Motor Parkway, Hauppauge, 

New York.

Newspaper – 07/31/2004

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

to establish a seasonal-use limited branch office at York 

Technical Institute, 1405 Williams Road, Springettsbury, 

Pennsylvania.

Newspaper – 07/26/2004

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 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, July 17, 2004

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 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, July 17, 2004

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)(5) F.N.B. Corporation, Hermitage, PA to acquire Slippery Rock 

Financial Corporation, Slippery Rock, PA and its subsidia ry 

bank, First National Bank of Slippery Rock, Slippery Rock, PA 

pursuant to Section 3(a)(5) of the Bank Holding Company Act.

Newspaper – N/Avail

Fed Reg – N/Avail

*3(a)(5) First Citizens Banc Corp, Sandusky, Ohio, to acquire 100 

percent of FNB Financial Corporation and its wholly-owned 

subsidiary, First National Bank of Shelby, both of Shelby, Ohio.

Newspaper – N/Avail

Fed Reg – N/Avail

*3(a)(1) Morgan Bancorp, Inc., Hudson, Ohio, to become a bank holding 

company by acquiring 100 percent of Morgan Bank, N.A., 

Hudson, Ohio.

Newspaper – N/Avail

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 ne wspaper 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 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, July 17, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Virginia Commerce Bank, Arlington, Virginia, to establish a 

branch at 2701 Mount Vernon Avenue, Alexandria, Virginia.* 

Newspaper – 07/26/2004

Branch Bank of Floyd, Floyd, Virginia, to establish a branch at 1634 

West Main Street, Salem, Virginia.*

Newspaper – 08/06/2004

*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)(3) Wachovia Corporation, Charlotte, North Carolina, to acquire 

100% of the voting shares of SouthTrust Corporation, 

Birmingham, Alabama, and thereby indirectly acquire 

SouthTrust Bank, Birmingham, Alabama.*

Fed Reg – 08/16/2004

Newspaper – 08/11/2004

*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

2718345 Monarch Bank

750 Volvo Parkway

Chesapeake, Virginia 23320

05/03/2004 07/14/2004 S X

Section VI – CRA examinations scheduled for 4

th Quarter of 2004

Institution Location

Congressional Bank Potomac Maryland

United Bank Fairfax, Virginia

Peoples Community Bank Montross, Virginia

Bank of the Commonwealth Norfolk, Virginia

Bank of Essex Tappahannock, Virginia

United Bank, Inc. Parkersburg, 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, July 17, 2004

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 6310 Gunn Highway, Tampa, Florida, to be known as 

the Gunn Highway Branch.*

Newspaper – 07/27/2004

Branch First Commercial Bank of Cullman County, Cullman, Alabama, 

to establish a branch located at 8803 Madison Boulevard, 

Madison, Alabama.*

Newspaper – 07/24/2004

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

located at the southwest corner of Pleasant Run Road and 

Highway 67, Cedar Hill, Texas.*

Newspaper – 07/22/2004

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

the intersection of Highway 278 and Highway 92, Hiram, 

Georgia, to be known as the Hiram/Paulding Branch.*

Newspaper – 07/24/2004

18(c) Capital City Bank, Tallahassee, Florida, to merge with Farmers 

and Merchants Bank, Dublin, Georgia.*

Newspaper – 08/02/2004

*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

3(a)(3) BancTenn Corp., Kingsport, Tennessee, to acquire up to 20 

percent of the outstanding shares of Paragon Commercial

Corporation, and its subsidiary, Paragon Commercial Bank, both 

of Raleigh, North Carolina.*

Newspaper – 08/02/2004

Fed Reg – 08/06/2004

3(a)(3) Capital City Bank Group, Inc., Tallahassee, Florida, to acquire 

100 percent of the outstanding shares of Farmers and Merchants 

Bank, Dublin, Georgia.*

Newspaper – 08/02/2004

Fed Reg – 08/06/2004

3(a)(3) Vision Bancshares, Inc., Gulf Shores, Alabama, to acquire 100 

percent of the outstanding shares of BankTrust of Florida 

Wewahitchka, Florida.

Newspaper – 08/15/2004

Fed Reg – 07/16/2004
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

CIC Pointe Financial Corporation, Boca Raton, Florida, after-the-fact 

change in control notice filed by Clarita Kassin, North Beach 

Miami, Florida, Kassin Family Partnership, Ltd., North Miami, 

Florida, and its general partner, Foreign Financial Investments, 

North Miami, Florida, Delta Holding Corporation, North Miami, 

Florida, Samuel Papu, Miami, Florida, Dorita Ojalvo, North 

Miami, Florida, Moris Ruben, Bogota, Colombia, and Salomon 

Kassin, Aventura, Florida, to collectively retain 16.81 percent of 

the outstanding shares of Pointe Financial Corporation, and its 

subsidiary, Pointe Bank, both of Boca Raton, Florida.

Newspaper – 07/23/2004

Fed Reg – 07/23/2004

*Subject to 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

601733 Peoples Southern Bank

Post Office Box 269

Clanton, Alabama 35046-0269

(205) 755-2240

03/22/2004 07/12/2004 O X

479839 Tennessee State Bank

2210 Parkway

Pigeon Forge, Tennessee

(865) 453-0873

03/29/2004 07/15/2004 S X

Section VI – CRA examinations sche duled for Quarter of

Institution Location

None
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, July 17, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18C & Branches Citizens Bank, Flint, Michigan, to merge with F&M BankWisconsin, Kaukauna, Wisconsin, and thereby to establish 51

branches.*

Newspaper – N/Avail

Branch Town & Country Bank of Springfield, Springfield, Illinois, to 

establish a branch facility to be located at 2601 North Dirksen 

Parkway, Springfield, Illinois.*

Newspaper – N/Avail

* 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

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Amtrust, Inc., Dubuque, Iowa, to engage de novo in extending 

credit and servicing loans.

Fed Reg – 08/06/2004

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

Type Application

Membership Providence Bank, LLC (in organization), South Holland, 

Illinois, 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

264941 Bank of Elmwood

2704 Lathrop Avenue

Racine, Wisconsin 53408

(262) 554-5321

01/20/2004 07/14/2004 O X

2636083 Paramount Bank

31000 Northwestern Highway

Farmington Hills, Michigan 48334

(248) 538-8600

12/09/2002 07/13/2004 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, July 17, 2004

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

3A3 Century Bancshares, Inc., Gainesville, Missouri ("Century"), to 

acquire additional shares, and thereby retain approximately 24 

percent ownership, of Ozarks Heritage Financial Group, Inc., 

Gainesville, Missouri ("Ozarks") and thereby indirectly retain 

ownership of Legacy Bank & Trust Company, Plato, Missouri. 

Concurrently with this transaction, Century and Ozarks propose 

to acquire 100 percent of The Citizens Bank of Sparta, Sparta, 

Missouri.*

Newspaper – N/Avail

Fed Reg – 08/16/2004

3A3 Liberty Bancshares, Inc., Jonesboro, Arkansas, to acquire 26.34 

percent of Russellville Bancshares, Inc., Jonesboro, Arkansas, 

and thereby indirectly acquire First Arkansas Valley Bank, 

Russellville, Arkansas.*

Newspaper – 08/14/2004

Fed Reg – N/Avail

3A3 Russellville Bancshares, Inc., Jonesboro, Arkansas, to acquire 

20 percent of Arkansas State Bancshares, Inc., Siloam Springs, 

Arkansas, and thereby indirectly acquire Arkansas State Bank, 

Siloam Springs, Arkansas.*

Newspaper – 08/13/2004

Fed Reg – 08/16/2004

3A1 Progress Acquisition, Inc., Sullivan, Missouri, to become a bank 

holding company by acquiring 100 percent of Progress 

Bancshares, Inc., Sullivan, Missouri, and thereby indirectly 

acquiring its subsidiary bank, Progress Bank of Missouri, 

Sullivan, Missouri. In addition, Progress Acquisition, Inc. will 

briefly and indirectly acquire 96.86 percent of Progress 

Bancshares, Inc.'s subsidiary bank holding company, Tritten 

Bancshares, Inc., Waynesville, Missouri, which owns 89.53 

percent of First State Bank of St. Robert, St. Robert, Missouri.*

Newspaper – 08/06/2004

Fed Reg – 08/16/2004
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

CIC Notice by the Douglas E. Hazel Revocable Trust (Douglas E. 

Hazel trustee), Washington, Missouri; the Cynthia Hazel 

Gilbertson Revocable Trust (Cynthia Hazel Gilbertson trustee), 

Faribault, Minnesota; and Hazel Investments, Limited 

Partnership, Washington, Missouri, as a group acting in concert 

to gain control of Cardinal Bancorp, Inc., St. Louis, Missouri.

Newspaper – N/Avail

Fed Reg – N/Avail

3A3 Liberty Bancshares, Inc., Jonesboro, Arkansas, to acquire 80 

percent of Arkansas State Bancshares, Inc., Siloam Springs, 

Arkansas, and thereby indirectly acquire Arkansas State Bank, 

Siloam Springs, Arkansas.*

Newspaper – 08/13/2004

Fed Reg – 08/16/2004

* 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 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, July 17, 2004

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 The Marvin T. Loosbrock Residuary Trust U/A dated April 

9, 1984; the Marvin T. Loosbrock QTIP Trust U/A dated 

April 9, 1984 (collectively, the "Trusts"); Lois M. 

Loosbrock, individually and as trustee of the Trusts; Mark 

L. Loosbrock, individually and as trustee of the Trusts; and 

Gary M. Loosbrock, individually and as trustee of the 

Trusts; a group acting in concert, all of Lismore, 

Minnesota, to gain control of Lismore Financial Services, 

Inc., Lismore, Minnesota, and thereby indirectly gain 

control of the State Bank of Lismore, Lismore, 

Minnesota.*

Fed Reg – 08/04/2004

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 Quarter of

Institution Location

None
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, July 17, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) Community Banks of Colorado, Greenwood Village, Colorado, 

to purchase certain assets and assume certain liabilities of the 

Community Banks of the Rockies, La Jara, Colorado, and 

incident thereto, to establish eleven branches located at 501 

Main Street, La Jara, Colorado; 2061 Main Street, Alamosa, 

Colorado; P.O. Box 71, Antonito, Colorado; P.O. Box 82, San 

Luis, Colorado; 592 Grand Avenue, Del Norte, Colorado; 215 

South Worth, Center, Colorado; 116 Creede Avenue, Creede, 

Colorado; 59 North Broadway, Monte Vista, Colorado; 30359 A 

Highway 160, South Fork, Colorado, 305 South Guyrene, Dove 

Creek, Colorado; and 1438 East Main, Cortez, Colorado.

Newspaper – 07/29/2004

18(c) Community Banks of Colorado, Greenwood Village, Colorado, 

to purchase certain assets and assume certain liabilities of the 

Community Banks of Southern Colorado, Rocky Ford, 

Colorado, and incident thereto, to establish six branches located 

at 201 North Main Street, Rocky Ford, Colorado; 220 First 

Street, Ordway, Colorado; 501 Main Street, Walsenburg, 

Colorado; 102 East Field Street, La Veta, Colorado; 123 West 

First Street, Pueblo, Colorado; and 301 North Main Street, 

Pueblo, Colorado.

Newspaper – 07/29/2004

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

Type Application

Ending date of

comment period

3(a)(1) UCSB Financial Corporation, Fort Wayne, Indiana, to become a 

bank holding company through the acquisition of up to 79 

percent of the voting shares of Uinta County State Bank, 

Mountain View, Wyoming.

Newspaper – N/Avail

Fed Reg – 08/16/2004
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

727156 Farmers State Bank

123 Main Street

Wallace, Nebraska 69169

04/12/2004 07/09/2004 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, July 17, 2004

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) Chisholm Bancshares, Inc., Decatur, TX, and Chisholm 

Holdings, Inc., Wilmington, DE, to acquire Texas North Bank, 

N.A., Decatur, TX (de novo)*

Fed Reg – 08/16/2004

Newspaper – 08/09/2004

* 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 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, July 17, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Community Bank of Nevada, Las Vegas, Nevada, to establish a 

branch facility at 8945 W. Russell Road, Las Vegas, Nevada.*

Newspaper – 07/06/2004

Branch Valley Independent Bank, El Centro, California, to establish a 

branch facility at 3400 Inland Empire Boulevard, Ontario, 

California.*

Newspaper – 07/16/2004

* 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)(3) Columbia Banking System, Inc., Tacoma, Washington, to 

acquire 100 percent of Bank of Astoria, Astoria, Oregon.*

Newspaper – 08/11/2004

Fed Reg – 08/13/2004 

* 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

3(a)(5)(C) Bridge Bancorp, San Jose, California, to become a bank holding 

company by acquiring 100 percent of Bridge Bank, N.A., San 

Jose, California.
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

181169 Foothill Independent Bank

4550 Mangels Boulevard

Fairfield, California 94585

(707) 863-6805

03/15/2004 07/12/2004 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None