Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 37

Week Ending September 13, 2003

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions September 7, 2003 to September 13, 2003

Board Operations

Office of Board Members -- promotions of Michelle A. Smith to Director, Office of 

Board Members and Winthrop P. Hambley to Assistant to the Board and Director of the 

Congressional Liaison Office and appointment of Laricke D. Blanchard as Special 

Assistant to the Board.

- Approved, September 5, 2003 (AC)

(AC) = Addition or Correction Board - Page 1 of 1
September 7, 2003 to September 13, 2003

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

Bank of Nichols Hills, Oklahoma City, Oklahoma -- to establish a branch at 610 South 

Kelly, Edmond.

- Approved, September 12, 2003 

Kansas City

The Farmers and Mechanics Bank, Galesburg, Illinois -- to establish a branch at 1202 

North Henderson Street.

- Approved, September 9, 2003 

Chicago

Peapack-Gladstone Bank, Gladstone, New Jersey -- to establish branches at 223 South 

Street, Morristown, and the intersection of Routes 517 and 523, Tewksbury.

- Approved, September 11, 2003 

New York

RBC Centura Bank, Rocky Mount, North Carolina -- to establish a branch at 101 

Northeast Third Avenue, Suite 100, Ft. Lauderdale, Florida.

- Approved, September 12, 2003 

Secretary

SouthTrust Bank, Birmingham, Alabama -- to establish a branch at 9811 Brook Road, 

Glen Allen, Virginia.

- Approved, September 11, 2003 

Atlanta

Union Trust Company, Ellsworth, Maine -- to establish a branch at 75 Elm Street, 

Camden.

- Approved, September 8, 2003 

Boston

(AC) = Addition or Correction Delegated - Page 1 of 6
H.2 Actions under delegated authority September 7, 2003 to September 13, 2003

Bank Holding Companies

Cincinnati Bancgroup, Inc., Mason, Ohio -- to become a bank holding company through 

the acquisition of Bank of Kenney, Kenney, Illinois.

- Withdrawn, September 11, 2003 

Chicago

Community Guaranty Corporation, Plymouth, New Hampshire -- to become a bank 

holding company through the acquisition of Community Guaranty Savings Bank.

- Approved, September 12, 2003 

Boston

East Penn Financial Corporation, Emmaus, Pennsylvania -- to acquire shares of Berkshire 

Bank, Wyomissing.

- Approved, September 8, 2003 

Philadelphia

Farmers & Merchants Financial Services, Inc., St. Paul, Minnesota -- to merge with Eau 

Claire Financial Services, Inc. and thereby acquire American Bank, Eau Claire, 

Wisconsin; and American Bank, Lake City, Minnesota; and acquire Lake City Agency, 

Inc. and thereby engage in general insurance agency activities in a town with a population 

of less than 5,000.

- Approved, September 9, 2003 

Minneapolis

Myers Bancshares, Inc., Fort Worth, Texas; and Myers Intermediate Bancshares, Inc., 

Dover, Delaware -- to become bank holding companies through the acquisition of 

Woodhaven National Bank.

- Approved, September 11, 2003 

Dallas

New Century Bancorp, Inc., Dunn, North Carolina -- to become a bank holding 

company through the acquisition of New Century Bank.

- Approved, September 11, 2003 

Richmond

(AC) = Addition or Correction Delegated - Page 2 of 6
H.2 Actions under delegated authority September 7, 2003 to September 13, 2003

Bank Holding Companies

New City Bancorp, Inc., Chicago, Illinois -- to become a bank holding company through 

the acquisition of New City Bank, a de novo bank.

- Approved, September 12, 2003 

Chicago

New York Community Bancorp, Inc., Westbury, New York -- commenter's request for 

reconsideration of the waiver of the application requirement in connection with the 

acquisition of Roslyn Bancorp, Inc., Jericho, and thereby the merger of The Roslyn 

Savings Bank with New York Community Bank.

- Denied, September 12, 2003 

Secretary

North American Bancshares, Inc., Sherman, Texas -- to acquire Pioneer Bankshares, 

Inc., Fredericksburg, and indirectly acquire Pioneer National Bank.

- Approved, September 9, 2003 

Dallas

Northwest Equity Corp., Buffalo Grove, Illinois -- to become a bank holding company 

through the acquisition of 1st Equity Bank Northwest, a de novo bank.

- Approved, September 8, 2003 

Chicago

Quality Bankshares, Inc., Fingal, North Dakota -- to acquire Page Bank Holding 

Company, Page, and thereby acquire Page State Bank.

- Approved, September 9, 2003 

Minneapolis

Rainier Pacific Financial Group, Inc., Fife, Washington -- to become a bank holding 

company through the acquisition of Rainier Pacific Savings Bank.

- Approved, September 9, 2003 

San Francisco

Rio Financial Services, Inc., McAllen, Texas, and Rio Delaware Corporation, 

Wilmington, Delaware -- to become bank holding companies through the acquisition of 

Rio Bank, McAllen.

- Approved, September 12, 2003 

Dallas

(AC) = Addition or Correction Delegated - Page 3 of 6
H.2 Actions under delegated authority September 7, 2003 to September 13, 2003

Bank Holding Companies

Wintrust Financial Corporation, Lake Forest, Illinois -- to acquire Advantage National 

Bancorp, Inc., Elk Grove Village, and thereby acquire Advantage National Bank. 

- Approved, September 11, 2003 

Chicago

Bank Mergers

RBC Centura Bank, Rocky Mount, North Carolina -- to purchase certain assets and 

assume certain liabilities of thirteen Florida branches of The Provident Bank, Cincinnati, 

Ohio, and to operate branches at the existing locations.

- Approved, September 12, 2003 

Secretary

Change In Bank Control

First Arkansas Bancshares, Inc., Jacksonville, Arkansas -- notices of change in bank 

control and retention of shares.

- Permitted, September 12, 2003 

St. Louis

Competitive Factors Reports

Bank of Kenney, Kenney, Illinois -- report on competitive factors of the proposed 

merger with BK Acquisition Bank, an interim bank.

- Withdrawn, September 11, 2003 

Chicago

BankTrust, Mobile, Alabama -- report on competitive factors of the proposed merger 

with BankTrust of Brewton, Brewton.

- Submitted, September 10, 2003 

Atlanta

Beacon Federal, East Syracuse, New York -- report on competitive factors of the 

proposed mergers of Beacon Interim Savings Bank I and Beacon Savings Bank II in 

connection with the proposed reorganization of Beacon Federal from a savings and loan 

association into a mutual holding company.

- Submitted, September 11, 2003 

New York

(AC) = Addition or Correction Delegated - Page 4 of 6
H.2 Actions under delegated authority September 7, 2003 to September 13, 2003

Competitive Factors Reports

Community Bank, National Association, Canton, New York -- report on competitive 

factors of the proposed acquisition of Grange National Bank, Laceyville, Pennsylvania.

- Submitted, September 9, 2003 

New York

Community Capital Bancshares, Inc., Albany, Georgia -- report on competitive factors of 

the proposed acquisition of First Bank of Dothan, Inc., Dothan, through the merger of 

First Bank of Dothan with Community Capital Bancshares' subsidiary, Community 

Capital Interim Bank.

- Submitted, September 10, 2003 

Atlanta

Community Central Bank, Mount Clemens, Michigan -- report on competitive factors of 

the proposed merger with North Oakland Community Bank, Rochester Hills.

- Submitted, September 11, 2003 

Chicago

The Fingal State Bank, Fingal, North Dakota -- report on competitive factors of the 

proposed merger with Page State Bank, Page.

- Submitted, September 9, 2003 

Minneapolis

Mid America Bank, FSB, Clarendon Hills, Illinois -- report on competitive factors of the 

proposed acquisition of certain deposit liabilities of Second Federal Savings and Loan 

Association of Chicago, Chicago.

- Submitted, September 11, 2003 

Chicago

Northstar Bank, Estherville, Iowa -- report on competitive factors of the proposed 

acquisition of the Armstrong branch of Bank Plus, Estherville.

- Submitted, September 11, 2003 

Chicago

Prosperity Bank, El Campo, Texas -- report on competitive factors of the proposed 

merger with MainBank, National Association, Dallas.

- Submitted, September 11, 2003 

Dallas

(AC) = Addition or Correction Delegated - Page 5 of 6
H.2 Actions under delegated authority September 7, 2003 to September 13, 2003

Competitive Factors Reports

Valley Commerce Bank, Phoenix, Arizona -- report on competitive factors of the 

proposed acquisition of Valley Commerce Merger Corporation.

- Submitted, September 8, 2003 

San Francisco

Extensions Of Time

A.N.B. Holding Company, Ltd. Terrell, Texas -- extension to December 13, 2003, to 

acquire shares of The ANB Corporation and its subsidiaries, The ANB Delaware 

Corporation and American National Bank.

- Granted, September 11, 2003 

Dallas

North Side Deposit Bank & Trust Company, Cincinnati, Ohio -- extension to December 

11, 2003, to establish a branch at 11628 Springfield Pike, Springdale.

- Granted, September 11, 2003 

Cleveland

Membership

The Community Bank of Virginia, Midlothian, Virginia -- to become a member of the 

Federal Reserve System.

- Approved, September 12, 2003 

Richmond

Regulations And Policies

Regulation B -- technical amendment to update the model application form "Uniform 

Residential Loan Application" in Appendix B of the regulation.

- Approved, September 5, 2003 (AC)

Director, C&CA

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

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, September 13, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

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, September 13, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

FBSEA Bank Hapoalim, B.M., Tel Aviv, Israel to upgrade its Miami, 

Florida agency to a branch.

Newspaper – 10/08/2003

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, September 13, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18C Pennsylvania State Bank, Camp Hill, PA, to merge with 

Market Street Interim Bank, Camp Hill, PA

Newspaper – 10/10/2003

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

Type Application

Ending date of

comment period

3(a)(1) The Pennsylvania State Banking Company, Camp Hill, 

PA, will form a Bank Holding Company by acquiring, 

Pennsylvania State Bank, Camp Hill, PA

Newspaper – 10/10/2003

Fed Reg – N/Avail

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, September 13, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Applications by Fifth Third Bank, Grand Rapids, Michigan, to

establish one branch office in Michigan and four branch offices

in Illinois.

Newspaper – N/Avail

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 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 schedule d for Quarter of

Institution Location

None
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, September 13, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch New Peoples Bank, Inc., Honaker, Virginia, to establish a 

branch at 2975 Lee Highway, Bristol, Virginia.*

Newspaper – 09/18/2003

Branch RBC Centura Bank, Rocky Mount, North Carolina, to establish 

a branch at 2875 PGA Boulevard, Palm Beach Gardens, 

Florida.*

Newspaper – 09/19/2003

*Subject to the provisions of the Community Reinvestment Act.

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

Type Application

Ending date of

comment period

3(a)(1) Fidelity & Trust Financial Corporation, Chevy Chase, Maryland, 

to become a bank holding company through the acquisition of 

100% of the voting shares of Fidelity & Trust Bank, Bethesda, 

Maryland (in organization).*

Fed Reg – 10/10/2003 

Newspaper – 09/29/2003

*Subject to the provisions of the Community Reinvestment Act.

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

Member Fidelity & Trust Bank, Bethesda, Maryland (in organization),

for membership in the Federal Reserve System
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

Member The Community Bank of Virginia, Midlothian, Virginia (in 

organization), for membership in the Federal Reserve System

3(a)(1) MVB Financial Corp., Fairmont, West Virginia, to become a 

bank holding company through the acquisition of 100% of the 

voting shares of The Monongahela Valley Bank, Inc., Fairmont, 

West Virginia.

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 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, September 13, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Cumberland Bank South, Nashville, Tennessee (formerly The 

Community Bank), to establish a branch located at Lot 2A, 

Campbell Station, Spring Hill, Tennessee.*

Newspaper-09/20/2003

Branch Cumberland Bank South, Nashville, Tennessee (formerly The 

Community Bank), to establish a branch located at 320 Main 

Street, Franklin, Tennessee.*

Newspaper-09/18/2003

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

located at 6029 Luther Lane, Dallas, Texas.*

Newspaper-09/26/2003

*Subject to provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

CIC Community Bancorp of Louisiana, Inc., Raceland, Louisiana, 

prior change in control notification filed by Gloria B. Callais and 

Charles Michael Callais of Golden Meadow, Louisiana; Peter 

W. Callais of Cut Off, Louisiana; Corey J. Callais of Galliano, 

Louisiana; and Paul A. Callais of Gonzales, Louisiana; to 

acquire 52.64 percent of the outstanding shares of Community 

Bancorp of Louisiana, Inc., Raceland, Louisiana, and its 

subsidiaries, Community Bank, Raceland, Louisiana, and 

American Bank, Welsh, Louisiana. Total ownership will equal 

71.11 percent.

Newspaper-09/24/2003 

Fed Reg-10/02/2003

3(a)(5) Greene County Bancshares, Inc., Greeneville, Tennessee, to 

merge with Independent Bankshares Corporation, Gallatin, 

Tennessee, and thereby acquire its subsidiary banks, First 

Independent Bank, Gallatin, Tennessee and Rutherford Bank & 

Trust Company, Murfreesboro, Tennessee.*

Newspaper-N/Avail

Fed Reg-09/26/2003

*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

3(a)(1) Bancsouth Financial Corporation, Crystal Springs, Mississippi, 

notice to become a bank holding company by acquiring Bank of 

the South, Crystal Springs, Mississippi.

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 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, September 13, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Ames Community Bank, Ames,Iowa, to establish a branch 

facility at 604 N. Highway 69, Huxley, Iowa.*

Newspaper – 09/13/2003

18C Baylake Bank, Sturgeon Bay, Wisconsin, to acquire the assets 

and assume the liabilities of the branch office of M&I Marshall 

& Ilsley Bank, Milwaukee, Wisconsin located at 1334 Ellis 

Street, Kewaunee, Wisconsin.*

Newspaper – N/Avail

Branch Hinsbrook Bank and Trust, Willowbrook, Illinois, to establish a 

branch facility to be located at 200 Village Drive, Downers 

Grove, Illinois.*

Newspaper – 09/08/2003

18C & Branches Rolling Hills Bank and Trust, Atlantic, Iowa, to purchase the 

assets and assume liabilities of the Walnut, Iowa, and Atlantic, 

Iowa branch offices of American Interstate bank, Manning, 

Iowa, and thereby to establish branches at 10 West 6th Street, 

Atlantic, Iowa and at 300 Antique City Drive, Walnut,Iowa.*

Newspaper – N/Avail

18C & Branches Southwest Bank of St. Louis, St. Louis, Missouri, to merge with 

Southwest Bank, Belleville, Illinois, and thereby to establish a 

branch at 2 Carlyle Park Drive, Belleville, 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

CIC Notice by Alfred H. Peterson, III and Jane E. Peterson, Brighton, 

Michigan to retain control of 11.24 percent of the outstanding 

shares of FNB Financial Corporation, Three Rivers, Michigan, 

and thereby indirectly control The First National Bank of Three 

Rivers, Three Rivers, Michigan.

Fed Reg – 09/29/2003

Newspaper – 09/17/2003
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

CIC Notice by Frances E. Powers, Defiance, Iowa, to acquire an 

additional 49.78 percent and thereby control 52.44 percent of 

Union Bancorporation, Defiance, Iowa, and thereby indirectly 

control Defiance State Bank, Defiance, Iowa.

Fed Reg – 09/22/2003

Newspaper – 09/29/2003

3(a)(3) Wintrust Financial Corporation, Lake Forest, Illinois, to acquire 

100 percent of the voting shares of Village Bancorp, Inc., 

Arlington Heights, Illinois, and thereby indirectly acquire 

Village Bank and Trust of Arlington Heights, Arlington Heights, 

Illinois.*

Fed Reg – 10/09/2003

Newspaper – N/Avail

CIC Notice by Jason Christopher Nicholas, Atlantic, Iowa, to retain 

control of 19.01 percent of Whitney Corporation of Iowa, 

Atlantic, Iowa, and thereby indirectly acquire First Whitney 

Bank and Trust, Atlantic, Iowa.

Fed Reg – 09/29/2003

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

4(c)(8) Dunn Investment Company, Manchester, Iowa, proposes to 

engage in investment advisory and brokerage services.
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

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 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, September 13, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

CIC Notice by Wafik William Malek, Manchester, Missouri, to retain 

control of Gateway Bancshares, Inc., St. Louis, Missouri. 

(Previously submitted during the week ending September 6, 

2003.)

Newspaper – 09/30/2003

Fed Reg – 09/29/2003

CIC Notice by the William L. Wilson Trust and its trustee William 

Lee Wilson, both of Ava, Illinois, to increase control of 

Headquarters Holding Company, Ava, Illinois. (Previously 

submitted during the week ending September 6, 2003.)

Newspaper – 09/23/2003

Fed Reg – 09/29/2003

3A1 & 3A3 Home Bancshares, Inc., Conway, Arkansas, and its subsidiary 

TCBancorp, Inc., North Little Rock, Arkansas, to acquire at 

least 80 percent and 20 percent, respectively, of CB Bancorp, 

Inc., Conway, Arkansas, and indirectly acquire Community 

Financial Group, Inc., Cabot, Arkansas and its subsidiary, 

Community Bank, Cabot, Arkansas. Also, CB Bancorp, Inc. to 

become a bank holding company by acquiring 100 percent of 

Community Financial Group, Inc. and its subsidiary, 

Community Bank.*

Newspaper – 10/10/2003

Fed Reg – 10/14/2003

3A3 Mid-Missouri Bancshares, Inc., Springfield, Missouri, to acquire 

at least 96.3 percent of Town and Country Bank of the Ozarks, 

Republic, Missouri.*

Newspaper – 10/13/2003

Fed Reg – 10/10/2003

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

Type Application

Ending date of

comment period

None

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

Type Application

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, September 13, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18C & Branch Peoples State Bank of Truman, Inc., Truman, Minnesota, to 

merge with Martin County National Bank of Fairmont, 

Fairmont, Minnesota, and thereby establish a branch at 105 Lake 

Avenue, Fairmont, Minnesota.*

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

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

65559 Pioneer Bank & Trust,

Belle Fourche, South Dakota

05/19/2003 09/09/2003 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, September 13, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

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

Investment in 

Bank Premises

Bank at Broadmoor, Colorado Springs, Colorado, to increase its 

investment in bank premises in the amount of $125,000.
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 Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

294359 Weleetka State Bank

102 W. 9th

Weleetka, Oklahoma 74880

06/16/2003 09/11/2003 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, September 13, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(1) Vision Bancshares, Inc., Laredo, TX, to acquire Somerset 

Bancshares Corporation, Inc., Somerset, TX, and Somerset 

National Bank, Somerset, TX* (previously reported the week 

ending September 6, 2003)

Fed Reg – 10/06/2003

Newspaper – 10/06/2003

3(a)(3) Sterling Bancshares, Inc., Houston, TX, to acquire South Capital 

Group, Inc., San Antonio, TX, and Plaza Bank, San Antonio, 

TX*

Fed Reg – 10/10/2003

Newspaper – 10/06/2003

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

Member Bevans State Bank of Menard, Menard, TX, 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

643368 Citizens State Bank

112 West Highway 380

Princeton, Texas 75407

06/02/2003 09/13/2003 S X

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, September 13, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch and

Premises

North Valley Bank, Redding, California, to establish a branch 

facility to be located at 480 South Pioneer Avenue, Woodland, 

California, and to increase its investment in bank premises.*

Newspaper – 08/26/2003

Branch Placer Sierra Bank, Auburn, California, to establish a branch 

facility to be located at the corner of Blue Oaks Boulevard and 

Lonetree Boulevard, Rocklin, California.*

Newspaper – 09/19/2003

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(1) Sun West Capital Corporation, Las Vegas, Nevada, to become a 

bank holding company by acquiring 100 percent of Sun West 

Bank, Las Vegas, Nevada.*

Newspaper – 10/02/2003

Fed Reg – 10/03/2003

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

4(c)(8) Sinopac Bancorp, Los Angeles, California, Sinopac Holdings, 

Taipei, Taiwan, and Bank Sinopac, Taipei, Taiwan, to directly 

and indirectly acquire 100 percent of FENB Securities, Inc., 

Alhambra, California, and thereby engage in broker-dealer 

activities.

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