Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 45 

Week Ending November 10, 2001 

Board of Governors of the Federal Reserve System, Washington, DC 20551 
H.2 Board Actions November 4, 2001 to November 10, 2001 

Banks, Foreign 

The Royal Bank of Scotland Group plc, Edinburgh, Scotland; The Royal Bank of 

Scotland plc; RBSG International Holdings Ltd.; and Citizens Financial Group, Inc., 

Providence, Rhode Island -- to acquire Citizens Bank of Pennsylvania, Philadelphia, 

Pennsylvania, and Citizens Bank, Wilmington, Delaware, both de novo banks. 

- Approved, November 7, 2001 

Discount Rates 

Discount Rates -- decrease from 2 percent to 1-1/2 percent by the Federal Reserve 

Banks of New York, Richmond, and San Francisco. 

- Approved, November 6, 2001 

Discount Rates -- decrease from 2 percent to 1-1/2 percent by the Federal Reserve 

Banks of Philadelphia, Chicago, St. Louis, and Minneapolis. 

- Approved, November 7, 2001 

Discount Rates -- decrease from 2 percent to 1-1/2 percent by the Federal Reserve 

Banks of Boston, Cleveland, Atlanta, Kansas City, and Dallas. 

- Approved, November 8, 2001 

Enforcement 

Bank of Ephraim, Ephraim, Utah -- written agreement dated October 20, 2001, with the 

Federal Reserve Bank of San Francisco. 

- Announced, November 9, 2001 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority November 4, 2001 to November 10, 2001 

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 

Richmond 

Bank of America, National Association, Charlotte, North Carolina -- to establish a 

branch in Toronto, Canada. 

- Approved, November 6, 2001 

Philadelphia 

Founders Bank, Bryn Mawr, Pennsylvania -- to establish a branch office at the 

intersection of Route 113 and Gordon Drive, Exton. 

- Approved, November 7, 2001 

San Francisco 

Solano Bank, Vacaville, California -- to establish a branch at 976A and B Admiral 

Callaghan Lane, Vallejo. 

- Approved, November 5, 2001 

Atlanta 

SunTrust Bank, Atlanta, Georgia -- to establish a branch at 337 East Ridgeville 

Boulevard, Mt. Airy, Maryland. 

- Approved, November 5, 2001 

Bank Holding Companies 

Chicago 

Associated Banc-Corp, Green Bay, Wisconsin -- to acquire Signal Financial 

Corporation, Mendota Heights, Minnesota, and thereby indirectly acquire Signal Bank 

National Association, Eagan, and Signal Bank South National Association, Red Wing. 

- Approved, November 5, 2001 

(AC) = Addition or Correction Delegated - Page 1 of 9 
H.2 Actions under delegated authority November 4, 2001 to November 10, 2001 

Bank Holding Companies 

Chicago 

Capitol Bancorp Ltd., Lansing, Michigan; Sun Community Bancorp Limited, Phoenix, 

Arizona; and Nevada Community Bancorp Limited, Las Vegas, Nevada -- to acquire 

shares of Bank of Las Vegas, a de novo bank; for Capitol Bancorp, Ltd. and Sun 

Community Bancorp Limited to acquire shares of First California Northern Bancorp, 

Napa, California, and Napa Community Bank, a de novo bank; and for First California 

Northern Bancorp to become a bank holding company through the acquisition of Napa 

Community Bank. 

- Approved, November 9, 2001 

Chicago 

Dells Bancshares, Inc., Wisconsin Dells, Wisconsin -- to become a bank holding 

company through the acquisition of Bank of Wisconsin Dells. 

- Approved, November 9, 2001 

Chicago 

Dunlap Iowa Holding Co., Dunlap, Iowa -- to acquire shares of EWN Investments, Inc., 

Ute, and thereby indirectly acquire Ute State Bank. 

- Approved, November 7, 2001 

St. Louis 

First National Bank of Berryville Employee Stock Ownership Trust, Berryville, 

Arkansas -- to increase ownership of First Carroll Bankshares, Inc. 

- Approved, November 8, 2001 

General Counsel 

Laredo National Bancshares, Laredo, Texas -- request for an exemption under the 

Depository Institutions Management Interlocks Act and Regulation L. 

- Granted, November 6, 2001 

Kansas City 

Lindoe, Inc., Ordway, Colorado -- to acquire shares of Southern Colorado National 

Bancorp, Inc., Pueblo. 

- Approved, November 9, 2001 

(AC) = Addition or Correction Delegated - Page 2 of 9 
H.2 Actions under delegated authority November 4, 2001 to November 10, 2001 

Bank Holding Companies 

Chicago 

Atlanta 

Dallas 

Manito Bank Services, Inc., Manito, Illinois -- to become a bank holding company 

through the acquisition of Peoples State Bank. 

- Approved, November 8, 2001 

SouthTrust Corporation, Birmingham, Alabama -- to merge with Community Bancshares, 

Incorporated, Richmond, Virginia; and for SouthTrust Corporation's subsidiary bank, 

SouthTrust Bank, to merge with Community Bancshares' subsidiary bank, Commerce 

Bank. 

- Approved, November 9, 2001 

Sterling Bancshares, Inc., Houston, Texas -- to acquire Community Bancshares of 

Delaware, Inc., Wilmington, Delaware; Community Bancshares, Inc., Katy, Texas; and 

Community Bank. 

- Approved, November 7, 2001 

Secretary 

Trustmark Corporation, Jackson, Mississippi -- to merge with Nashoba Bancshares, 

Inc., Germantown, Tennessee, and thereby acquire Nashoba Bank. 

- Approved, November 9, 2001 

Bank Mergers 

Atlanta 

Park Avenue Bank, Valdosta, Georgia -- to merge with First Community Bank of 

Southwest Georgia, Bainbridge; Farmers and Merchants Bank, Adel; Baxley Federal 

Bank, Baxley; and Eagle Bank & Trust, Statesboro. 

- Approved, November 5, 2001 

Banks, Nonmember, And Miscellaneous Institutions 

Kansas City 

Berkadia LLC, Omaha, Nebraska -- deregistration under Regulation U. 

- Approved, November 8, 2001 

(AC) = Addition or Correction Delegated - Page 3 of 9 
H.2 Actions under delegated authority November 4, 2001 to November 10, 2001 

Banks, Nonmember, And Miscellaneous Institutions 

Kansas City 

Cameron Financial Corporation, Cameron, Missouri -- deregistration under Regulation U. 

- Approved, November 7, 2001 

Banks, State Member 

Atlanta 

Colonial Bank, Montgomery, Alabama -- waiver of application requirement in connection 

with the proposed acquisition of Manufacturers Bank of Florida, Tampa, Florida. 

- Granted, November 9, 2001 

Atlanta 

Colonial Bank, Montgomery, Alabama -- to purchase certain assets and assume certain 

deposit liabilities of Manufacturers Bank of Florida, Tampa, Florida, and the Tampa 

branch of Israel Discount Bank of New York, New York, New York. 

- Approved, November 9, 2001 

Change In Bank Control 

Chicago 

American Heartland Bancshares, Inc., Sugar Grove, Illinois -- change in bank control. 

- Permitted, November 5, 2001 

Minneapolis 

Drayton Bancor, Inc., Drayton, North Dakota -- change in bank control. 

- Permitted, November 8, 2001 

St. Louis 

Hardeman County Investment Company, Inc., Bolivar, Tennessee -- change in bank 

control. 

- Permitted, November 5, 2001 

Minneapolis 

Inter-Mountain Bancorp., Inc., Bozeman, Montana -- change in bank control. 

- Permitted, November 6, 2001 

(AC) = Addition or Correction Delegated - Page 4 of 9 
H.2 Actions under delegated authority November 4, 2001 to November 10, 2001 

Change In Bank Control 

Dallas 

Laredo National Bancshares, Inc., Laredo, Texas -- change in bank control. 

- Permitted, November 6, 2001 

Chicago 

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

- Returned, November 6, 2001 

Atlanta 

SunMark Bancshares, Inc., Hawkinsville, Georgia -- change in bank control. 

- Permitted, November 6, 2001 

Competitive Factors Reports 

Chicago 

Bank of Wisconsin Dells, Wisconsin Dells, Wisconsin -- report on competitive factors of 

the proposed merger with New Bank of Wisconsin Dells. 

- Submitted, November 9, 2001 

Chicago 

Capstone Bank, National Association, Watseka, Illinois -- report on competitive factors 

of the proposed purchase of assets and assumption of liabilities of the Grant Park branch 

of HomeStar Bank, Manteno. 

- Submitted, November 9, 2001 

Cleveland 

Charter One Bank, F.S.B., Cleveland, Ohio -- report on competitive factors of the 

proposed acquisition of deposits of Superior Federal Bank, FSB, Hinsdale, Illinois. 

- Submitted, November 6, 2001 

Boston 

City Savings Bank, Pittsfield, Massachusetts -- report on competitive factors of the 

proposed merger with Lenox Savings Bank, Lenox. 

- Submitted, November 8, 2001 

(AC) = Addition or Correction Delegated - Page 5 of 9 
H.2 Actions under delegated authority November 4, 2001 to November 10, 2001 

Competitive Factors Reports 

Dallas 

Commerce Bank, Laredo, Texas -- report on competitive factors of the proposed 

acquisition of three branches of International Bank of Commerce. 

- Submitted, November 7, 2001 

Dallas 

Commercial State Bank, El Campo, Texas -- report on competitive factors of the 

proposed merger with New Commercial State Bank, a de novo bank. 

- Submitted, November 6, 2001 

Chicago 

Community Bank, Dunlap, Iowa -- report on competitive factors of the proposed merger 

with Ute State Bank, Ute. 

- Submitted, November 9, 2001 

St. Louis 

Delta Bank & Trust, Drew, Mississippi -- report on competitive factors of the proposed 

merger with Bank of Ruleville, Ruleville. 

- Submitted, November 9, 2001 

San Francisco 

F&T Merger Corporation, Porterville, California -- report on competitive factors of the 

proposed merger with Finance & Thrift Company. 

- Submitted, November 5, 2001 

Philadelphia 

First County Bank, Doylestown, Pennsylvania -- report on competitive factors of the 

proposed purchase of assets and assumption of liabilities of the Warminster branch of 

Third Federal Savings Bank, Newton. 

- Submitted, November 8, 2001 

San Francisco 

First Professional Bank, National Association, Santa Monica, California -- report on 

competitive factors of the proposed acquisition of Pacific Western National Bank, Brea, 

and First Community Bank of the Desert, Indian Wells. 

- Submitted, November 5, 2001 

(AC) = Addition or Correction Delegated - Page 6 of 9 
H.2 Actions under delegated authority November 4, 2001 to November 10, 2001 

Competitive Factors Reports 

Richmond 

First Sentry Bank, Inc., Huntington, West Virginia -- report on competitive factors of the 

proposed merger with FSB Bank, Inc., a de novo bank. 

- Submitted, November 9, 2001 

Dallas 

International Bank of Commerce, Laredo, Texas -- report on competitive factors of the 

proposed merger with NBC Bank, N.A., Eagle Pass. 

- Submitted, November 7, 2001 

San Francisco 

Liberty Bank and Trust Company, Boston, Massachusetts -- report on competitive 

factors of the proposed merger with General Bank, Los Angeles, California. 

- Submitted, November 5, 2001 

Cleveland 

Boston 

Atlanta 

Dallas 

Parkvale Savings Bank, Parkvale, Pennsylvania -- report on competitive factors of the 

proposed merger with The Second National Bank of Masontown, Masontown. 

- Submitted, November 8, 2001 

Peoples Heritage Bank, National Association, Portland, Maine -- report on competitive 

factors of the proposed merger with BankNorth Investment Management Group, 

National Association, Burlington, Vermont. 

- Submitted, November 5, 2001 

Rivoli Bank & Trust, Macon, Georgia -- report on competitive factors of the proposed 

merger with Rivoli Interim Corporation. 

- Submitted, November 8, 2001 

State Bank, La Grange, Texas -- report on competitive factors of the proposed merger 

with Central Texas Bank of Flatonia, Flatonia. 

- Submitted, November 6, 2001 

(AC) = Addition or Correction Delegated - Page 7 of 9 
H.2 Actions under delegated authority November 4, 2001 to November 10, 2001 

Competitive Factors Reports 

Dallas 

Sterling Bank, Houston, Texas -- report on competitive factors of the proposed merger 

with Lone Star Bank. 

- Submitted, November 7, 2001 

Chicago 

Sturgis Bank & Trust Company, Sturgis, Michigan -- report on competitive factors of the 

proposed merger with SBT Interim Bank. 

- Submitted, November 9, 2001 

San Francisco 

Umpqua Bank, Roseburg, Oregon -- report on competitive factors of the proposed 

merger with Linn-Benton Bank, Albany. 

- Submitted, October 31, 2001 (AC) 

Chicago 

Union Community Bancorp, Crawfordsville, Indiana -- report on competitive factors of 

the proposed merger with Montgomery Financial Corporation. 

- Submitted, November 9, 2001 

Financial Holding Companies 

Richmond 

Catawba Valley Bancshares, Inc., Hickory, North Carolina -- election to become a 

financial holding company. 

- Effective, November 8, 2001 

Membership 

San Francisco 

Bank of Sacremento, Sacremento, California -- to become a member of the Federal 

Reserve System. 

- Approved, November 6, 2001 

(AC) = Addition or Correction Delegated - Page 8 of 9 
H.2 Actions under delegated authority November 4, 2001 to November 10, 2001 

Regulations And Policies 

FOMC

Short-term Interest Rates -- decrease in the target for the federal funds rate from 2-1/2 

percent to 2 percent. 

- Approved, November 6, 2001 

(AC) = Addition or Correction Delegated - Page 9 of 9 
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, November 10, 2001 

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 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, November 10, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Representative 

Office 

Banca Comerciala Romana S.A., Bucharest, Romania, to 

establish a representative office in New York, New York.* 

Newspaper – N/Avail 

Representative 

Office 

Hamburgische Landesbank-Girozentrale, Hamburg, Germany, to 

establish a representative office in New York, New York.* 

Newspaper – N/Avail 

Branch Banque Sudameris, Paris, France, to convert its Miami agency 

into a branch.* 

Newspaper – N/Avail 

* Subject to the provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

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, November 10, 2001 

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 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, November 10, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) Branch Received application on 11/08/2001 from Community First 

Bank & Trust Company, Celina, OH to acquire two branch 

offices of Shelby County Bank, Shelbyville, IN located in Fort 

Wayne, IN and incident thereto establish branch facilities. 

18(c) 5(d)(3) Received application on 11/09/2001 from Fifth Third Bank, 

Indiana, Indianapolis, IN to merge with Fifth Third Bank, 

Southwest, FSB, Scottsdale, AZ. 

18(c) Branch Received application on 11/08/2001 from Wesbanco Bank, 

Wheeling, WV to merge with Wheeling National Bank, St. 

Clairsville, OH and incident thereto establish branch facilitites. 

12/03/2001 

12/10/2001 

12/05/2001 

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

Ending date of 

Type Application comment period 

3(a)(5) Received application on 11/08/2001 from Wesbanco, Inc., 

Wheeling, WV to acquire American Bancorporation, Wheeling, 

WV. 

3(a)(3) Received application on 11/08/2001 from Wesbanco, Inc., 

Wheeling, WV to acquire 19.9% of the outstanding voting 

shares of American Bancorporation, Wheeling, WV. 

3(a)(1) Received application on 11/08/2001 from AB Corporation, 

Wheeling, WV to acquire American Bancorporation, Wheeling, 

WV. 

Newspaper – 12/05/2001 

Newspaperr – 12/05/2001 

Newspaper – 12/05/2001 

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, November 10, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Allfirst Bank, Baltimore, Maryland, to establish a branch inside 

the SuperFresh supermarket at 7005 Security Boulevard, 

Baltimore, Maryland.* 

11/23/2001

Branch Allfirst Bank, Baltimore, Maryland, to establish a branch inside 

the SuperFresh supermarket at 400 Englar Road, Westminster, 

Maryland.* 

11/23/2001

*Subject to the provisions of the Community Reinvestment Act. 

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

Ending date of 

Type Application comment period 

3(a)(5) FNB Corporation, Christiansburg, Virginia, to merge with 

Salem Community Bankshares, Inc., Salem, Virginia.* 

Fed Reg - 11/08/2001 

Newspaper - 11/05/2001 

3(a)(1) Tri-County Bancorp, Inc., West Union, West Virginia, to 

become a bank holding company through the acquisition of 

100% of the voting shares of West Union Bank, West Union, 

West Virginia.* 

Fed Reg - 11/27/2001 

Newspaper - 11/22/2001 

*Subject to the provisions of the Community Reinvestment Act. 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

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

Type Application 

3(a)(1) First Reliance Bancshares, Inc., Florence, South Carolina, to 

become a bank holding company through the acquisition of 

100% of the voting shares of First Reliance Bank, Florence, 

South Carolina. 

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 

1161029 Bank of Hampton Roads 

201 Volvo Parkway 

Chesapeake, Virginia 23320-4652 

09/04/2001 11/10/2001 S X

417626 Putnam County Bank 

2761 Main Street 

Hurricane, West Virginia 25526 

08/27/2001 11/10/2001 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, November 10, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Citizens Trust Bank, Atlanta, Georgia, to establish a branch in 

the newly built Stonecrest Mall, located at 2929 Turner Hill 

Road, Suite 2850, Lithonia, Georgia, to be known as the 

Stonecrest Mall Office. 

18(c) Florida Keys Bank, Naples, Florida (formerly known as the First 

National Bank of the Florida Keys), to merge with Gulf Coast 

National Bank, Naples, Florida, and relocate Florida Keys Bank 

from 12640 Overseas Highway, Marathon, Florida, to Naples, 

Florida. 

11/12/2001* 

12/01/2001* 

*Subject to provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

3(a)(1) FNC S-Corp, Douglas, Georgia, to become a bank holding Fed Reg – 11/27/2001* 

company by acquiring FNC Bancorp, Inc., and its subsidiary, 

First National Bank of Coffee County, Douglas, Georgia. 

*Subject to provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

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

Type Application 

COM Unity Holdings, Inc., Cartersville, Georgia, 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, November 10, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Alpha Community Bank, Toluca, Illinois, for prior approval to 

establish a mobile branch which will serve Bartonville, Bayview 

Gardens, East Peoria, Peoria, Peoria Heights and Spring Bay, all 

in Illinois.* 

18C & Branches Commercial Trust & Savings Bank, Storm Lake, Iowa, for prior 

approval to acquire through merger Central Trust & Savings 

Bank, Cherokee, Iowa and thereby to establish branch offices at: 

401 W. Main Street, Cherokee, Iowa, 2 Bow Drive, Cherokee, 

Iowa, 119 N. Main Street, Quimby, Iowa, and 301 Main, 

Washta, Iowa..* 

18C & Branches Iowa State Bank, Sheldon, Iowa, for prior approval to acquire 

through merger Iowa State Bank, Orange City, Iowa and thereby 

to establish the following branch offices: 627 2nd Ave., 

Sheldon, Iowa; 103 3rd Ave., Alton, Iowa; 305 Oak Street, 

Craig, Iowa; 105 Albany Ave., Orange City, Iowa, and 308 

Main, Ireton, Iowa.* 

Branch UnionBank/Central, Princeton, Illinois, for prior approval to 

establish a mobile branch which will operate in Bureau and 

Whiteside Counties in Illinois.* 

Newspaper – 11/15/2001 

Newspaper – N/Avail 

Newspaper – N/Avail 

Newspaper – 11/16/2001 

* Subject to the provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

CC Notification by R. Steven Lutterbach, of a Change in Control of 

Alliance Financial Corp., New Buffalo, Michigan. 

Fed Reg – 11/14/2001 

Newspaper – N/Avail 

3(a)(1) Allied First Bancorp, Inc., Naperville, Illinois, for prior approval 

to become a bank holding company through the acquisition of 

100 percent of the voting shares of Allied First Bank, s.b., 

Naperville, Illinois.* 

Fed Reg – 10/22/2001 

Newspaper – 10/26/2001 
Section II – Applications subject to both newspaper and Federal Register notice 

Ending date of 

Type Application comment period 

3(a)(1) CFB Holding Company, Clinton, Iowa, for prior approval to 

become a bank holding company through the acquisition of 100 

percent of the voting shares of Citizens First Bank, Clinton, 

Iowa.* 

3(a)(1) Home Federal Bancorp, Seymour, Indiana, for prior approval to 

become a bank holding company through the acquisition of 100 

percent of the voting shares of Home Federal Savings Bank, 

Seymour, Indiana.* 

3(a)(3) Independence Bancshares, Inc., Independence, Iowa, for prior 

approval to acquire 100 percent of Fairbank Bancshares Corp., 

Fairbank, Iowa and thereby indirectly acquire Fairbank State 

Bank, Fairbank, Iowa.* 

3(a)(1) Premier Holdings, Ltd., Rock Valley, Iowa, to become a bank 

holding company through the acquisition of 100 percent of the 

voting shares of Premier Bank, Rock Valley, Iowa.* 

3(a)(1) The Private Banking Company, Hartland, Wisconsin, for prior 

approval to become a bank holding company through the 

acquisition of 100 percent of the voting shares of Bank of 

Waunakee Employee Stock Ownership Plan, Waunakee, 

Wisconsin and Waunakee Bank Shares, Inc., Waunakee, 

Wisconsin and thereby indirectly acquire Bank of Waunakee, 

Waunakee, Wisconsin.* 

Notification by Omar C. Wilhelms and Janice R. Wilhelms, of a 

Change in Control to retain 23.61 percent of Shannon Bancorp, 

Inc., Shannon, Illinois. 

Fed Reg – 12/10/2001 

Newspaper – N/Avail 

Fed Reg – 11/13/2001 

Newspaper – 11/09/2001 

Fed Reg – 11/28/2001 

Newspaper – N/Avail 

Fed Reg – 11/26/2001 

Newspaper – N/Avail 

Fed Reg – 11/26/2001 

Newspaper – 11/24/2001 

Fed Reg – 11/19/2001 

Newspaper – 11/14/2001 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4(c)(8) Associated Banc-Corp., Green Bay, Wisconsin, for prior 

approval to acquire 100 percent of the voting shares of Signal 

Finance Company, Mendota Heights, Illinois and thereby to 

engage in extending credit and servicing loans and selling credit 

life and accident and health insurance in conjunction with 

lending and to acquire 100 percent of the voting shares of Signal 

Trust Company, N.A., Mendota Heights, Minnesota and thereby 

to engage in trust company functions. 

4(c)(8) Citizens Banking Corporation, Flint, Michigan, for prior 

approval to acquire 100 percent of the voting shares of CB 

Wealth Management, National Association, Flint, Michigan. 

Fed Reg – 11/07/2001 

Fed Reg – N/Avail 

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

Type Application 

3(a)(1) Notice Firstate Bancorp, Inc., Mason City, Illinois, for prior approval to 

become a bank holding company through the acquisition of 100 

percent of the voting shares of 1st State Bank of Mason City, 

Mason City, Illinois. 

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 

331647 Bank One-Michigan 

611 Woodward Avenue 

Detroit, Michigan 48226 

(313) 225-1000 

3/31/2001 11/05/2001 O X

830645 Farmers Bank of Mt. Pulaski 

130 S. Washington Street 

Mt. Pulaski, Illinois 62548 

(217) 792-5286 

7/16/2001 11/08/2001 S X
Section VI – CRA examinations scheduled for First Quarter of 2002 

Institution Location 

ILLINOIS

Marquette Bank

The Northern Trust Company

Midwest Bank of Hinsdale

Villa Grove State Bank

INDIANA

The Fairmount State Bank

IOWA

Ames Community Bank

Frontier Savings Bank

First State Bank

MICHIGAN

CSB Bank

Eastern Michigan Bank

G.W. Jones Exchange Bank

Bank of Washtenaw

WISCONSIN

Markesan State Bank

Bank of Oakfield

Chicago, Illinois 

Chicago, Illinois 

Hinsdale, Illinois 

Villa Grove, Illinois 

Fairmount, Indiana 

Ames, Iowa 

Council Bluffs, Iowa 

Manchester, Iowa 

Capac, Michigan 

Croswell, Michigan 

Marcellus, Michigan 

Saline, Michigan 

Markesan, Wisconsin 

Oakfield, Wisconsin 

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 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, November 10, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

CIC Notice involving Millstadt Bancshares, Inc., Millstadt, Illinois, 

by the Baltz Family Partnership, L.P., Millstadt, Illinois, and its 

managing partner, John W. Baltz, Millstadt, Illinois. (Previously 

submitted during the week ending November 3, 2001) 

3(a)(1) Notice by Tri-State Financial Services, Inc., Memphis, 

Tennessee to acquire 100 percent of Tri-State Bank of Memphis, 

Memphis, Tennessee. (Previously submitted during the week 

ending November 3, 2001)* 

4(c)(8) Notice by Community First Financial Group, Inc., Corydon, 

Indiana, to acquire Harrington Bank, FSB, Chapel Hill, North 

Carolina (in organization).* 

Newspaper – 11/14/2001 

Fed Reg – 11/27/2001 

Newspaper – 12/3/2001 

Fed Reg – 11/30/2001 

Newspaper – 12/3/2001 

Fed Reg – 11/29/2001 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4(c)(8) Notice by Mainline Bankshares of Portland, Inc., Portland, Fed Reg – 11/29/2001 

Arkansas, to engage in lending activities through the purchase of 

loans from its subsidiary bank, The Peoples Bank, Portland, 

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

Type Application 

None 

Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, November 10, 2001 

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 

885458 Dacotah Bank 7/23/2001 11/06/2001 S X 

Rolla, North Dakota 

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, November 10, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch First State Bank of Taos, Taos, New Mexico, for prior approval Newspaper – 11/12/2001 

to establish an in-store branch at the Pojoaque Pueblo Plaza 

Super Market, 9 West Gutierrez Street, Santa Fe, New Mexico. 

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

Ending date of 

Type Application comment period 

3(a)(1) First National of Illinois, Inc., Omaha, Nebraska, for prior 

approval to become a bank holding company through the 

acquisition of 100 percent of the voting shares of Castle 

BancGroup, Inc., DeKalb, Illinois, parent of Castle Bank, 

DeKalb, Illinois. 

3(a)(3) First National of Nebraska, Inc., Omaha, Nebraska, for prior 

approval to acquire First National of Illinois, Inc., Omaha, 

Nebraska and thereby indirectly acquire BancGroup, Inc., 

DeKalb, Illinois, parent of Castle Bank, DeKalb, Illinois. 

3(a)(3) West Point Bancorp, Inc., West Point, Nebraska, for prior 

approval to acquire 100 percent of the voting shares of Town & 

Country Bank, Las Vegas, Nevada. 

3(a)(3) Plainville Bancshares, Inc., Plainville, Kansas, for prior approval 

to acquire 100 percent of the voting shares of Farmers 

Bancshares, Inc., Lincoln, Kansas, parent of Farmers National 

Bank, Lincoln, Kansas and Beverly State Bank, Beverly, 

Kansas. 

Newspaper – N/Available 

Fed Reg – 12/10/2001 

Newspaper – N/Available 

Fed Reg – 12/10/2001 

Newspaper – 12/03/2001 

Fed Reg – 11/28/2001 

Newspaper – 11/30/2001 

Fed Reg – 11/28/2001 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

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

Type Application 

Member InterBank, Elk City, Oklahoma, for prior approval 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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

561659 Pinnacle Bank of Wyoming 07/30/2001 11/09/2001 S X 

2000 Main Street 

Torrington, Wyoming 82240-2709 

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, November 10, 2001 

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) Bedias Financial Corporation, Bedias, TX, to acquire Bedias 

Holdings, Inc., Wilmington, DE, and First State Bank of Bedias, 

Bedias, TX* 

Fed Reg – 12/07/2001 

Newspaper – 12/03/2001 

3(a)(1) Bedias Holdings, Inc., Wilmington, DE, to acquire First State 

Bank of Bedias, Bedias, TX* 

Fed Reg – 12/07/2001 

Newspaper – 12/03/2001 

3(a)(3) Central Texas Bankshare Holdings, Inc., Columbus, TX, and 

Colorado County Investment Holdings, Inc., Wilmington, DE, to 

acquire Hill Bancshares Holdings, Inc., Weimar, TX, Hill 

Bancshares, Inc., Wilmington, DE, and Hill Bank and Trust 

Company, Weimar, TX* 

Fed Reg – N/Avail 

Newspaper – 12/01/2001 

*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 

491569 Texas Bank 08/06/2001 11/10/2001 O X 

102 North Main Street 

Weatherford, Texas 76086-3241 

Section VI – CRA examinations scheduled for First Quarter of 2002 

Institution Location 

Peoples Bank Lorenzo, Texas 

United Bank of El Paso del Norte El Paso, Texas 

Security State Bank Pecos, Texas 

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 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, November 10, 2001 

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 

Member Union Safe Deposit Bank, Stockton, California, 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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk Sm Bk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None