Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 2 

Week Ending January 11, 2003 

Board of Governors of the Federal Reserve System, Washington, DC 20551 
H.2 Board Actions January 5, 2003 to January 11, 2003 

Forms 

Forms -- extension without revision of the Report of Terms of Credit Card Plans (FR 

2572). 

- Approved, January 6, 2003 

Regulations And Policies 

Credit card lending -- interagency guidance for account management and loss allowance. 

- Announced, January 8, 2003 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority January 5, 2003 to January 11, 2003 

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 

Secretary 

AmSouth Bank, Birmingham, Alabama -- to establish a branch at 2213 Crestmoor Road, 

Nashville, Tennessee. 

- Approved, January 8, 2003 

St. Louis 

Bank of Rogers, Rogers, Arkansas -- to relocate its branch from 390 West Centerton 

Boulevard, Centerton, to 350 East Centerton Boulevard. 

- Approved, January 9, 2003 

Richmond 

Benchmark Community Bank, Kenbridge, Virginia -- to establish a branch at 410 Church 

Street, Blackstone. 

- Approved, January 8, 2003 

Richmond 

The Marathon Bank, Winchester, Virginia -- to establish branches at 1725 North 

Shenandoah Avenue, Front Royal, and 199 Front Royal Pike, Winchester. 

- Approved, January 10, 2003 

Dallas 

PNB Financial Bank, Lubbock, Texas -- to establish a branch at 2705 Bee Cave Road, 

Rollingwood. 

- Approved, January 7, 2003 

Secretary 

SunTrust Bank, Atlanta, Georgia -- to establish a branch at 6704 Memorial Highway, 

Tampa, Florida. 

- Approved, January 7, 2003 

Secretary 

SunTrust Bank, Atlanta, Georgia -- to establish a branch at 15375 U.S. Highway 441, 

Eustis, Florida. 

- Approved, January 9, 2003 

(AC) = Addition or Correction Delegated - Page 1 of 7 
H.2 Actions under delegated authority January 5, 2003 to January 11, 2003 

Bank Branches, Domestic 

San Francisco 

Valley Independent Bank, El Centro, California -- to establish a branch at One El Paseo, 

74-199 El Paseo Drive, Palm Desert. 

- Approved, January 6, 2003 

Bank Holding Companies 

Dallas 

Atlanta 

Chillicothe Financial, Inc., Wilmington, Delaware -- to become a subsidiary holding 

company of Northern Bancshares, Inc., Chillicothe, Texas, through the acquisition of First 

National Bank of Chillicothe. 

- Registration granted, January 7, 2003 

Citizens Bancshares Corporation, Atlanta, Georgia, and Citizens Trust Bank -- to acquire 

CFS Bancshares, Inc., Birmingham, Alabama, and its subsidiary, Citizens Federal 

Savings Bank, and thereby engage in operating a savings association; and for Citizens 

Bancshares' subsidiary, Citizens Trust Bank, to merge with Citizens Federal Savings Bank.

- Approved, January 10, 2003 

Chicago 

F T Bancshares, Inc., Aurelia, Iowa -- to become a bank holding company through the 

acquisition of shares of Aurelia FT & S Bankshares, Inc. and The First Trust & Savings 

Bank, Marcus. 

- Approved, January 9, 2003 

Chicago 

FEB Bancshares, Inc., Neshkoro, Wisconsin -- to become a bank holding company 

through the acquisition of Golden Sands Bankshares, Inc., and Farmers Exchange Bank 

of Neshkoro. 

- Approved, January 9, 2003 

Chicago 

First Merchants Corporation, Muncie, Indiana -- to acquire CNBC Bancorp, Columbus, 

Ohio, and thereby indirectly acquire Commerce National Bank. 

- Approved, January 6, 2003 

(AC) = Addition or Correction Delegated - Page 2 of 7 
H.2 Actions under delegated authority January 5, 2003 to January 11, 2003 

Bank Holding Companies 

Kansas City 

First Olathe Bancshares, Inc., Overland Park, Kansas -- to acquire shares of Bannister 

Bancshares, Inc., Kansas City, Missouri. 

- Approved, January 8, 2003 

Kansas City 

Heritage Bancshares, Inc., Topeka, Kansas -- to become a bank holding company 

through the acquisition of Heritage Bank, a de novo bank, and for Heritage Bank to 

become a member of the Federal Reserve System. 

- Withdrawn, January 9, 2003 

Chicago 

MB Financial, Inc., Chicago, Illinois -- to acquire South Holland Bancorp, Inc., South 

Holland, and South Holland Trust & Savings Bank. 

- Approved, January 9, 2003 

San Francisco 

SunFirst Corporation, St. George, Utah -- to become a bank holding company through 

the acquisition of SunFirst Bank. 

- Returned, January 8, 2003 

Change In Bank Control 

Kansas City 

Central of Kansas, Inc., Junction City, Kansas -- change in bank control 

- Withdrawn, January 6, 2003 

Kansas City 

Fort Riley Bancshares, Inc., Fort Riley, Kansas -- to retain control of Fort Riley 

Bancshares, Inc. 

- Permitted, January 10, 2003 

Kansas City 

N.B.C. Bancshares in Pawhuska, Inc., Pawhuska, Oklahoma -- change in bank control. 

- Permitted, January 10, 2003 

(AC) = Addition or Correction Delegated - Page 3 of 7 
H.2 Actions under delegated authority January 5, 2003 to January 11, 2003 

Change In Bank Control 

Minneapolis 

Northern Wisconsin Bank Holding Company, Inc., Laona, Wisconsin -- change in bank 

control. 

- Permitted, January 6, 2003 

Minneapolis 

Piesco, Inc., Springfield, Minnesota -- change in bank control. 

- Permitted, January 9, 2003 

Competitive Factors Reports 

Atlanta 

Atlantic Coast Federal, Waycross, Georgia -- report on competitive factors of the 

proposed purchase of assets and assumption of liabilities of The Gordon Bank, Gordon. 

- Submitted, January 8, 2003 

Chicago 

Bank One, National Association, Chicago, Illinois -- report on competitive factors of the 

proposed merger with First Chicago NBD Auto Lease Corporation, Detroit, Michigan. 

- Submitted, January 8, 2003 

Chicago 

Bank One, National Association, Columbus, Ohio -- report on competitive factors of the 

proposed purchase of certain assets and assumption of certain liabilities of Bank One, 

National Association, Chicago, Illinois; Bank One, Kentucky, National Association, 

Louisville, Kentucky; Bank One, Oklahoma, National Association, Oklahoma City, 

Oklahoma; Bank One, West Virginia, National Association, Huntington, West Virginia; 

and Bank One, Wheeling-Steubenville, National Association, Wheeling. 

- Submitted, January 8, 2003 

Richmond 

Carolina Trust Bank, Lincolnton, North Carolina -- report on competitive factors of the 

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

Bank of Granite, Granite Falls. 

- Submitted, January 6, 2003 

(AC) = Addition or Correction Delegated - Page 4 of 7 
H.2 Actions under delegated authority January 5, 2003 to January 11, 2003 

Competitive Factors Reports 

Atlanta 

Coast Bank of Florida, Bradenton, Florida -- report on competitive factors of the 

proposed merger with Coast Interim Bank. 

- Submitted, January 8, 2003 

Atlanta 

Community Bank of Pickens County, Jasper, Georgia -- report on competitive factors of 

the proposed notice of acquisition by Donald T. Keeter. 

- Submitted, January 8, 2003 

Richmond 

E*Trade Bank, Arlington, Virginia -- report on competitive factors of the proposed 

assumption of certain deposit liabilities of Amicus, FSB, Cicero, Illinois, and CIBC 

National Bank, Maitland, Florida. 

- Submitted, January 6, 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 Humboldt, Chanute, and Iola 

branches of Enterprise Bank, Clayton, Missouri. 

- Submitted, January 10, 2003 

Philadelphia 

Farmers & Mechanics Bank, Burlington Township, New Jersey -- report on competitive 

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

the Florence branch of Sun National Bank, Vineland. 

- Submitted, January 6, 2003 

Chicago 

First Bank of the Americas, S.S.B., Chicago, Illinois -- report on competitive factors of 

the proposed acquisition of the Chicago branch of Amicus, FSB, Cicero. 

- Submitted, January 8, 2003 

Dallas 

First Community Bank, N.A., Houston, Texas -- report on competitive factors of the 

proposed merger with The Express Bank, Alvin. 

- Submitted, January 8, 2003 

(AC) = Addition or Correction Delegated - Page 5 of 7 
H.2 Actions under delegated authority January 5, 2003 to January 11, 2003 

Competitive Factors Reports 

San Francisco 

Five Star Bank, Rocklin, California -- report on competitive factors of the proposed 

merger with FSB Merger Company. 

- Submitted, January 9, 2003 

Chicago 

Goodfield State Bank, Goodfield, Illinois -- report on competitive factors of the proposed 

merger with Republic Bank of Goodfield. 

- Submitted, January 6, 2003 

Chicago 

MB Financial Bank, National Association, Chicago, Illinois -- report on competitive 

factors of the proposed merger with South Holland Trust & Savings Bank, South Holland. 

- Submitted, January 9, 2003 

Chicago 

Mutual Savings Bank, Milwaukee, Wisconsin -- report on competitive factors of the 

proposed merger with First Northern Savings Bank, Green Bay. 

- Submitted, January 8, 2003 

Chicago 

National Exchange Bank and Trust, Fond du Lac, Wisconsin -- report on competitive 

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

four branches of Amcore Bank, National Association, Rockford. 

- Submitted, January 8, 2003 

Boston 

Scituate Federal Savings Bank, Scituate, Massachusetts -- report on competitive factors 

of the proposed merger with Scituate Federal Interim Savings Bank and Scituate Federal 

MHC Interim Savings Bank. 

- Submitted, January 7, 2003 

St. Louis 

Union Planters Bank, National Association, Memphis, Tennessee -- report on 

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

branches of EFS National Bank. 

- Submitted, January 7, 2003 

(AC) = Addition or Correction Delegated - Page 6 of 7 
H.2 Actions under delegated authority January 5, 2003 to January 11, 2003 

Competitive Factors Reports 

Kansas City 

The Wilson State Bank, Wilson, Kansas -- report on competitive factors of the proposed 

purchase of certain assets and assumption of certain liabilities of the Russell branch of The 

Citizens State Bank, Grainfield. 

- Submitted, January 6, 2003 

Extensions Of Time 

Director, BS&R 

Bay View Capital Corporation, San Mateo, California -- extension to May 1, 2003, to 

divest certain investments. 

- Granted, January 6, 2003 

Financial Holding Companies 

New York 

Associated Community Bancorp, Inc., Greenwich, Connecticut -- election to become a 

financial holding company. 

- Effective, January 8, 2003 

Richmond 

Harbor Bankshares Corporation, Baltimore, Maryland -- election to become a financial 

holding company. 

- Effective, January 9, 2003 

Membership 

Boston 

Franklin Savings Bank, Farmington, Maine -- to become a member of the Federal 

Reserve System. 

- Approved, January 8, 2003 

(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, January 11, 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 = 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 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, January 11, 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 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, January 11, 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 regula tion 

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 11, 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 by David B. Cook, Middlesboro, KY; Newspaper – N/Avail 

J.D. Cook Testamentary Trust, David B. Cook, Trustee, Fed Reg – N/Avail 

Middlesboro, KY; Bobbie Cook, Middlesboro, KY; David 

Alexander Cook, Middlesboro, KY; and Erin Elizabeth Bell 

(Cook), Louisville, KY to retain approximately 10.94 percent of 

the outstanding voting shares of HFB Financial Corporation, 

Middlesboro, KY and Home Federal Bank Corporation. 

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

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

of Arlington, Virginia, to become bank holding companies with 

respect to FBR Bancorp, Inc., Arlington, Virginia, and its 

subsidiary, FBR National Bank and Trust, Bethesda, Maryland. 

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 5.58% of the voting shares of 

Pacific Crest Capital, Inc., Aqoura Hills, 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 5.2% of the voting shares of 

ITLA Capital Corporation, La Jolla, 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 5.77% of the voting shares of 

Hingham Institution for Savings, Hingham, Massachusetts. 

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 5.58% of the voting shares of 

Quaker City Bancorp, Inc., Whittier, California. 

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 5.74% of the voting shares of 

First Bell Bancorp, Inc., Pittsburgh, Pennsylvania. 

Fed Reg - 02/07/2003 

Newspaper - 01/28/2003 

Fed Reg - 02/07/2003 

Newspaper - 01/28/2003 

Fed Reg - 02/07/2003 

Newspaper - 02/07/2003 

Fed Reg - 02/07/2003 

Newspaper - 01/28/2003 

Fed Reg - 02/07/2003 

Newspaper - 01/28/2003 

Fed Reg - 02/07/2003 

Newspaper - 01/28/2003 
Section II – Applications subject to both newspaper and Federal Register notice 

Ending date of 

Type Application comment period 

3(a)(5) MountainBank Financial Corporation, Hendersonville, North 

Carolina, to acquire CNB Holdings, Inc., Pulaski, Virginia.* 

Fed Reg - 02/07/2003 

Newspaper - 02/10/2003 

3(a)(5) MountainBank Financial Corporation, Hendersonville, North 

Carolina, to acquire Cardinal Bankshares Corporation, Floyd, 

Virginia.* 

Fed Reg - 02/07/2003 

Newspaper - 02/10/2003 

*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 instit ution or Reserve Bank. 

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available. 
Section V – Availability of CRA public evaluations 

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

991621 Citizens Bank & Trust Company

126 South Main Street

Blackstone, Virginia 23824

10/28/2002 01/11/2003 S X

679826 Middleburg Bank

111 W. Washington Street

Middleburg, Virginia 20117

10/28/2002 01/11/2003 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, January 11, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

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

located at 2010-2030 Metairie Road, Metairie, Louisiana, to be 

known as the Metairie Road Branch.* 

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

5080 Newberry Road, Gainesville, Florida, to be known as the 

SunTrust Plaza Office.* 

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

located at the intersection of North Lake Pleasant Road and 

West Beardsley Road, Peoria, Arizona, to be known as the 

Peoria - Lake Pleasant Branch.* 

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

located at 12434 North Tatum Boulevard, Phoenix, Arizona, to 

be known as the Phoenix - Tatum Branch.* 

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

located at the intersection of North 75th Avenue and West 

Thunderbird Road, Peoria, Arizona, to be known as the Peoria – 

Thunderbird Branch.* 

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

located at the intersection of West Bell Road and West Grand 

Avenue, Surprise, Arizona, to be known as the Surprise-Grand 

Branch.* 

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

located at the intersection of North 67th Avenue and State 

Highway 101, Glendale, Arizona, to be known as the Glendale -

67th Avenue Branch.* 

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

located at the intersection of South Gilbert Road and West 

Warner Road, Gilbert, Arizona, to be known as the Gilbert – 

Warner Branch.* 

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

located at the intersection of North Garland Avenue and State 

Highway 190, Garland, Texas, to be known as the Garland – 

Highway 190 Branch.* 

Newspaper-01/22/2003 

Newspaper-01/24/2003 

Newspaper-01/09/2003 

Newspaper-01/09/2003 

Newspaper-01/09/2003 

Newspaper-01/09/2003 

Newspaper-01/09/2003 

Newspaper-01/09/2003 

Newspaper-01/09/2003 
Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

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

located at the intersection of East Smoky Hill Road and South 

Himalaya Street, Centennial, Colorado, to be known as the 

Centennial - Himalaya Branch.* 

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

located at the intersection of East Baseline Road and North 

Cooper Road, Gilbert, Arizona, to be known as the Gilbert -

Cooper Branch.* 

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

located at the intersection of East Florida Avenue and South 

Havana Street, Aurora, Colorado, to be known as the Aurora -

Florida Branch.* 

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

located at the intersection of West 80th Avenue and Wadsworth 

Boulevard, Arvada, Colorado, to be known as the Arvada – 

Wadsworth Branch.* 

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

located at 4625 Centerview Drive, San Antonio, Texas, to be 

known as the San Antonio - Centerview Branch.* 

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

located at the intersection of Central Avenue East and Tramway 

Boulevard Northeast, Albuquerque, New Mexico, to be known 

as the Albuquerque – Central Branch.* 

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

located at the intersection of Gattis School and Red Bud Lane, 

Round Rock, Texas, to be known as the Round Rock –Red Bud 

Branch.* 

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

located at the intersection of Highway 470 and Gartrell Road, 

Aurora, Colorado, to be known as the Aurora - Gartrell Branch.* 

Newspaper-01/09/2003 

Newspaper-01/09/2003 

Newspaper-01/09/2003 

Newspaper-01/09/2003 

Newspaper-01/09/2003 

Newspaper-01/09/2003 

Newspaper-01/09/2003 

Newspaper-01/09/2003 

*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 BOL Bancshares, Inc., New Orleans, Louisiana, prior change in Newspaper-01/30/2003 

control notification filed by Scott Family Limited Liability Fed Reg-01/29/2003 

Partnership (G. Harrison Scott, Shannon R. Scott, Sharry R. 

Scott, J. Slade Lewis), to acquire 10.21 percent of the 

outstanding shares of BOL Bancshares, Inc., New Orleans, 

Louisiana. Total pro forma ownership will be 12.14 percent. 
Section II – Applications subject to both newspaper and Federal Register notice 

Ending date of 

Type Application comment period 

3(a)(5) CBS Banc Corp, Russellville, Alabama, to merge with 

Community Financial Services, Inc. and thereby acquire its 

subsidiary, Bank of Bolivar, both of Bolivar, Tennessee.* 

Newspaper-02/04/2003 

Fed Reg-02/03/2003 

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. 

Newspaper-01/06/2003 

Fed Reg-N/Avail 

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-N/Avail 

Fed Reg-N/Avail 

*Subject to 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) IBERIABANK Corporation, New Iberia, Louisiana, to acquire Fed Reg-01/24/2003 

40 percent of the outstanding shares of Cadence Holdings, Inc., 

L.L.C., Lafayette, Louisiana. 

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

Type Application 

COM FCB Florida Bancorporation, Orlando, Florida, commitment 

waiver request. 
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 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, January 11, 2003 

Section I – Applications subject to newspaper notice only 

Type Application 

Ending date of 

comment period 

Branch M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin, to Newspaper – 01/07/2003 

establish a branch facility to be located at CR-KK and 

Eisenhower Drive, Appleton, Wisconsin.* 

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

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

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 

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 Steven M. Eldred, as Co-Trustee of the Eldred 2002 

Family Trust, to gain 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.* 

3(a)(1) Liberty Financial Services, Inc., Sioux City, Iowa, to become a 

bank holding company by acquiring 100 percent of Liberty 

National Bank (in organization), Sioux City, Iowa.* 

CIC Notice by WPW Associates, L.P., Chicago, Illinois, and Antonia 

Whalen, Clementine Whalen and Nathaniel Whalen, all of 

Chicago, Illinois, and Amanda Whalen, Portland, Oregon, acting 

in concert with their parents, Wayne W. Whalen and Paula 

Wolff, Chicago, Illinois, to retain ownership of the outstanding 

shares of Unionbancorp, Inc., Ottawa, Illinois, and thereby 

indirectly retain voting shares of Unionbank, Streator, Illinois; 

Unionbank/Central, Princeton, Illinois; Unionbank/West, 

Macomb, Illinois, and Unionbank/Northwest, Hanover, Illinois. 

Ending date of 

comment period 

Fed Reg – 02/06/2003 

Newspaper – N/Avail 

Fed Reg – N/Avail 

Newspaper – N/Avail 

Fed Reg – N/Avail 

Newspaper – N/Avail 

Fed Reg – 02/10/2003 

Newspaper – N/Avail 

Fed Reg – 01/15/2003 

Newspaper – 01/10/2003 

* 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 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, January 11, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Bank of Rogers, Rogers, Arkansas, to relocate its branch facility Newspaper – 11/23/2002 

from 390 W. Centerton Boulevard, Centerton, Arkansas, to 350 

E. Centerton Boulevard, Centerton, 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 

Premises Citizens Bank & Trust Company, Van Buren, Arkansas, to 

increase its investment in bank premises in the amount of 

$150,000. 
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 

1397471 Bank of Little Rock 

Little Rock, Arkansas 9/16/2002 1/7/2003 S X 

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 11, 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 

3A5 First National Bancorp, Inc., Libby, Montana, to merge with 

Montana First National Bancorporation, Kalispell, Montana, and 

thereby indirectly acquire Montana First National Bank, 

Kalispell, Montana.* 

Fed Reg – 02/10/2003 

Newspaper – N/Avail 

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

Bosshard, La Crosse, Wisconsin, to gain control of Clayton 

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

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

Fed Reg – 01/27/2003 

Newspaper – N/Avail 

3A3 Finlayson Bancshares, Inc., Finlayson, Minnesota proposes to 

acquire 100% of the voting shares of Floodwood Agency, Inc., 

Duluth, Minnesota, and thereby indirectly acquire First State 

Bank of Floodwood, Floodwood, Minnesota.* 

Fed Reg – 02/06/2003 

Newspaper – 02/06/2003 

*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 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, January 11, 2003 

Section I – Applications subject to newspaper notice only 

Type Application 

Ending date of 

comment period 

Branch Five Points Bank, Grand Island, Nebraska, to establish a branch Newspaper - 01/17/2003 

at 19th Street & 39th Avenue, Kearney, Nebraska. 

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 Applic ation 

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 

698957 CSB Bank 

473 E. 69 Highway 

Claycomo, Missouri 64119 

10/07/2002 01/08/2003 S X

455150 Payne County Bank 

202 S. Main Street 

Perkins, Oklahoma 74059 

10/15/2002 01/08/2003 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, January 11, 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 11, 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