Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 27

Week Ending July 3, 2004

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions June 27, 2004 to July 3, 2004

Bank Holding Companies

Haines Financial Corp, Woodward, Oklahoma -- to become a bank holding company 

and to acquire The First National Bank of Medford, Medford.

- Approved, July 1, 2004 

Board Operations

Officer Appointment -- appointment of Scott G. Alvarez as General Counsel, effective 

July 1, 2004.

- Approved, June 29, 2004 

Discount Rates

Discount and Advance Rates -- increase in the primary credit rate from 2 percent to 2-

1/4 percent by twelve Federal Reserve Banks.

- Approved, June 30, 2004 

Financial Holding Companies

Allianz AG, Munich, Germany, and Allianz Finanzbeteiligungsgesellschaft mbH -- 

elections to be treated as financial holding companies.

- Effective, June 30, 2004 

Enforcement

Kenco Bancshares, Inc., Jayton, Texas -- written agreement with the Federal Reserve 

Bank of Dallas.

- Announced, July 2, 2004 

(AC) = Addition or Correction Board - Page 1 of 1
June 27, 2004 to July 3, 2004

BS&R

C&CA

FOMC

RBOPS

IF

OSDM

Banking Supervision and Regulation

Consumer and Community Affairs

Federal Open Market Committee

Reserve Bank Operations and Payment Systems

International Finance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

1st Bank & Trust, Broken Bow, Oklahoma -- to establish a branch at 1912 East 

Washington Street, Idabel, and to increase its investment in bank premises.

- Approved, June 28, 2004 

Kansas City

Central Bank of Missouri, Sedalia, Missouri -- to establish a branch at the southeast 

corner of Big Bear Avenue and Range Line Road, Columbia.

- Approved, June 30, 2004 

Kansas City

Fifth Third Bank, Grand Rapids, Michigan -- to establish branches at 2001 Spring Arbor 

Road, Jackson; 251 Brook Forest Avenue, Shorewood, Illinois; 2710 North 

Narragansett Avenue, Chicago; 1725 North Harlem Avenue; 7150 Mannheim Road, 

Rosemont; and 9344 Skokie Boulevard, Skokie.

- Approved, July 1, 2004 

Cleveland

Manufacturers and Traders Trust Company, Buffalo, New York -- to establish a 

seasonal-use limited branch at McDaniel College, 2 College Hill, Westminster, Maryland.

- Approved, July 1, 2004 

New York

New Peoples Bank, Inc., Honaker, Virginia -- to establish a branch at 350 West Main 

Street, Abingdon.

- Approved, July 1, 2004 

Richmond

Regions Bank, Birmingham, Alabama -- to establish a branch at 25 Buckwalter Parkway, 

Bluffton, South Carolina.

- Approved, July 2, 2004 

Atlanta

(AC) = Addition or Correction Delegated - Page 1 of 7
H.2 Actions under delegated authority June 27, 2004 to July 3, 2004

Bank Branches, Domestic

SouthTrust Bank, Birmingham, Alabama -- to establish a branch at 3350 Pelham 

Parkway, Pelham.

- Approved, July 1, 2004 

Atlanta

SunTrust Bank, Atlanta, Georgia -- to establish branches at 2365 Parr Drive, The 

Villages, Florida, and 2730 Race Track Road, Jacksonville.

- Approved, June 29, 2004 

Atlanta

Bank Holding Companies

American Metro Bancorp, Inc., Chicago, Illinois -- to become a bank holding company 

and to acquire American Metro Bank.

- Approved, July 2, 2004 

Chicago

Camco Financial Corporation, Cambridge, Ohio -- to become a bank holding company 

and to acquire London Financial Corporation, London, and its wholly-owned subsidiary, 

The Citizens Bank of London.

- Approved, June 28, 2004 

Cleveland

Cross County Bancshares, Inc., Wynne, Arkansas -- to acquire shares of Bank of 

Pocahontas, Pocahontas.

- Approved, June 28, 2004 

Secretary

The Desjardins Group, Levis, Quebec, Canada, Federation de Caisses Desjardins du 

Quebec, and La Caisse Centrale Desjardins du Quebec, Montreal, Quebec -- to 

establish a de novo subsidiary and thereby engage in extending credit and servicing loans.

- Approved, July 1, 2004 

Atlanta

(AC) = Addition or Correction Delegated - Page 2 of 7
H.2 Actions under delegated authority June 27, 2004 to July 3, 2004

Bank Holding Companies

East Dubuque Bancshares, Inc., Dubuque, Iowa -- to continue extending credit and 

servicing loans.

- Approved, July 1, 2004 

Chicago

First Banks, Inc., St. Louis, Missouri, and The San Francisco Company, San Francisco, 

California -- to acquire Continental Mortgage Corporation-Delaware, Aurora, Illinois, 

and thereby acquire Continental Community Bank and Trust Company.

- Approved, June 30, 2004 

St. Louis

FNBG Bancshares, Inc., Duluth, Georgia -- commitment waiver request.

- Granted, June 28, 2004 

Atlanta

Franklin Resources, Inc., San Mateo, California -- to acquire shares of Centennial C 

Corp, Rancho Santa Fe, and thereby acquire Centennial Bank of the West, Fort Collins, 

Colorado.

- Approved, June 30, 2004 

San Francisco

Lonoke Bancshares, Inc., Lonoke, Arkansas -- to acquire shares of Bank of Pocahontas, 

Pocahontas.

- Approved, June 28, 2004 

Secretary

Mabrey Bancorporation, Inc., Okmulgee, Oklahoma -- to acquire CSB, Inc., Bixby; 

Citizens Security Bancshares, Inc., and Citizens Security Bank & Trust Company.

- Approved, June 30, 2004 

Secretary

Piedmont Bancshares, Inc., Atlanta, Georgia -- to become a bank holding company and 

to acquire Piedmont Bank of Georgia.

- Approved, July 1, 2004 

Atlanta

(AC) = Addition or Correction Delegated - Page 3 of 7
H.2 Actions under delegated authority June 27, 2004 to July 3, 2004

Bank Holding Companies

Porter Bancorp, Inc., Shepherdsville, Kentucky -- to acquire United Community Bank, 

Glasgow.

- Approved, July 1, 2004 

St. Louis

The South Financial Group, Greenville, South Carolina -- to acquire Florida Bank, Inc., 

Jacksonville, Florida, and thereby acquire FB Financial Services, Inc., and Florida Bank, 

N.A., Tampa; and to acquire CNB Florida Bancshares, Inc., Jacksonville, and thereby 

acquire CNB National Bank, Lake City.

- Approved, June 28, 2004 

Richmond

Sovereign Bancshares, Inc., Dallas, Texas -- to become a bank holding company and to 

acquire Sovereign Bank, National Association, Irving, a de novo bank.

- Approved, June 30, 2004 

Dallas

TrustBanc Financial Group, Inc., Mountain Home, Arkansas -- to acquire shares of Bank 

of Pocahontas, Pocahontas.

- Approved, June 28, 2004 

Secretary

Bank Mergers

First Bank, St. Louis, Missouri -- to merge with Continental Community Bank and Trust 

Company, Aurora, Illinois, and retain the Aurora and Villa Park branches of Continental 

Community Bank and Trust Company.

- Approved, June 30, 2004 

St. Louis

Bank Premises

FirstBank, Antlers, Oklahoma -- to increase its investment in bank premises.

- Approved, July 2, 2004 

Kansas City

(AC) = Addition or Correction Delegated - Page 4 of 7
H.2 Actions under delegated authority June 27, 2004 to July 3, 2004

Banks, Foreign

FirstBank Puerto Rico, San Juan, Puerto Rico -- to establish an agency in Miami, Florida.

- Approved, July 1, 2004 

Director, BS&R

Change In Bank Control

First West Virginia Bancorp, Inc., Wheeling, West Virginia -- change in bank control.

- Permitted, July 1, 2004 

Cleveland

Old O'Brien Banc Shares, Inc., Sutherland, Iowa -- change in bank control.

- Permitted, June 30, 2004 

Chicago

Ravalli County Bankshares, Inc., Hamilton, Montana -- change in bank control.

- Permitted, June 28, 2004 

Minneapolis

Competitive Factors Reports

Broadway National Bank, San Antonio, Texas -- report on competitive factors of the 

proposed merger with Eisenhower National Bank.

- Submitted, June 30, 2004 

Dallas

The Capital State Bank, Inc., Charleston, West Virginia -- report on competitive factors 

of the proposed merger with Summit Community Bank, Inc., Moorefield.

- Submitted, July 2, 2004 

Richmond

The Central Bank USA, Inc., Greensburg, Kentucky -- report on competitive factors of 

the proposed merger with United Community Bank, Glasgow. 

- Submitted, July 1, 2004 

St. Louis

(AC) = Addition or Correction Delegated - Page 5 of 7
H.2 Actions under delegated authority June 27, 2004 to July 3, 2004

Competitive Factors Reports

The First National Bank of Claude, Claude, Texas -- report on competitive factors of the 

proposed merger with Citizens Bank, Tucumcari, New Mexico.

- Submitted, July 2, 2004 

Dallas

The First National Bank of Eagle Lake, Eagle Lake, Texas -- report on competitive 

factors of the proposed acquisition of the Columbus branch of Colorado Valley Bank, La 

Grange.

- Submitted, July 2, 2004 

Dallas

First National Bank of Florida, Naples, Florida -- report on competitive factors of the 

proposed merger with Southern Community Bank of Central Florida, Orlando; Southern 

Community Bank of South Florida, Boca Raton; and Southern Community Bank of 

Southwest Florida, Bonita Springs.

- Submitted, June 28, 2004 

Atlanta

Naugatuck Valley Savings and Loan, S.B., Naugatuck, Connecticut -- report on 

competitive factors of the proposed mergers with Naugatuck Valley Interim Federal 

Savings Bank and Naugatuck Valley MHC Interim Federal Savings Bank.

- Submitted, July 1, 2004 

Boston

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

proposed merger with Klein Bank, Klein.

- Submitted, June 30, 2004 

Dallas

Union Bank of California, National Association, San Francisco, California -- report on 

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

liabilities of CNA Trust Corporation, Costa Mesa.

- Submitted, July 1, 2004 

Secretary

(AC) = Addition or Correction Delegated - Page 6 of 7
H.2 Actions under delegated authority June 27, 2004 to July 3, 2004

Extensions Of Time

Community Bancshares, Inc., Blountsville, Alabama -- extension to September 30, 2004, 

to engage de novo in making, acquiring, brokering, or servicing loans or other extensions 

of credit, through Community Funding Corporation.

- Granted, June 30, 2004 

Atlanta

First Bankers Trustshares, Inc., Quincy, Illinois -- extension to July 15, 2004, to engage 

in trust activities through the acquisition of First Bankers Trust Services, Inc.

- Granted, June 28, 2004 

St. Louis

MB Financial, Inc., Chicago, Illinois -- extension to October 14, 2004, to acquire First 

Security Fed Financial, Inc. and thereby acquire First Security Federal Savings Bank.

- Granted, July 2, 2004 

Chicago

Oregon Community Bank & Trust, Oregon, Wisconsin -- extension to October 15, 

2004, to establish a branch at the southwest corner of County Trunk Highway CC and 

Alpine Boulevard.

- Granted, June 29, 2004 

Chicago

Wilshire Bancorp, Inc., Los Angeles, California -- extension to September 12, 2004, to 

become a bank holding company and to acquire Wilshire State Bank.

- Granted, July 1, 2004 

San Francisco

Regulations And Policies

Short-term Interest Rates -- increase in the target for the federal funds rate from 1 

percent to 1-1/4 percent.

- Approved, June 30, 2004 

FOMC

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

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, July 3, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(1) Northeast Bancorp, Auburn, Maine – to become a bank holding 

company through the acquisition of 100% of Northeast Bank, 

FSB, Auburn, Maine, which is in the process of converting to a 

state member bank.

Newspaper – 07/19/2004

Fed Reg – 07/23/2004

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, July 3, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

FBSEA Depfa Bank, Plc, Dublin, Ireland, to upgrade its agency in New 

York, New York, to a branch.

Newspaper – 07/30/2004

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

Type Application

Ending date of

comment period

3a1, 3a3, & 4c8 Banco Bilbao Vizcaya Argentaria, S.A., Bilbao, Spain, BBVA 

International Investment Corporation, Hato Rey, Puerto Rico, 

Grupo Financiero BBVA Bancomer, S.A. de C.V., Mexico City, 

Mexico, BBVA Bancomer, S.A., Mexico City, Mexico, and 

BBVA Bancomer Financial Holdings, Inc., Houston, Texas, 

request prior approval of the Board of Govenors of the Federal 

Reserve System to directly and indirectly acquire all of the 

outstanding shares of Valley Bank, Moreno Valley, California, 

pursuant to Sections 3(a)(3) and 3(a)(1) of the Bank Holding 

Company Act. BBVA Bancomer Financial Holdings, Inc., also 

requests prior approval of the Board of Governors to engage in 

permissible nonbanking activities upon becoming a Bank 

Holding Company, pursuant to Section 4(c)(8) of the Bank 

Holding Company Act.

Newspaper – N/Avail

Fed Reg – N/Avail

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

INV 30 days prior notice by Citibank, N.A., New York, New York 

and Citibank Overseas Investment Corporation, New Castle, 

Delaware, to make investments, pursuant to Section 211.9(f) of 

Regulation K.

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, July 3, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3A1 Penn Liberty Financial Corp, Wayne, PA., to become a bank 

holding company by acquiring Penn Liberty Bank, Wayne, PA.

Newspaper – N/Avail

Fed Reg – N/Avail

CIC A notice filed by Vincent Joseph Fumo, Philadelphia, PA., to 

acquire up to 20% of the outstanding shares of PSB Bancorp, 

Inc., Philadelphia, PA.

Newspaper – N/Avail

Fed Reg – 07/21/2004

3A3 Yardville National Bancorp, Hamilton, NJ., to acquire up to 

19.9% ownership interest in Buck County Bank, Warminister, 

PA.

Newspaper – N/Avail

Fed Reg – N/Avail

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

Section IV – Applications not subject to Federal Register or 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

1954294 Premier Bank, Doylestown, PA. 01/05/2004 06/24/2004 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, July 3, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

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

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

Hudson, Ohio.

Newspaper – N/Avail

Fed Reg – N/Avail

*3(a)(5) & 4(c)(8) National City Corporation, Cleveland, Ohio, to acquire Wayne 

Bancorp, Inc., Wooster, Ohio, pursuant to sections 3 and 4 of the 

Bank Holding Company Act.

Newspaper – N/Avail

Fed Reg – 07/16/2004

*Subject to the provisions of the Community Reinvestment Act.

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

853112 Heartland Bank

850 Hamilton Road

Gahanna, Ohio 43230

04/15/2004 06/30/2004 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, July 3, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Virginia Bank & Trust, Danville, Virginia, to provide a courier 

service to pick up deposits from business customers at locations 

in the city of Danville, Town of Chatham and Pittsylvania 

County, Virginia.*

Newspaper – 07/12/2004

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

a branch at 5320 Flynn Crossing Drive, Alpharetta, Georgia.*

Newspaper – 07/14/2004

Branch Union Bank & Trust Company, Bowling Green, Virginia, to 

establish a branch at 6479 Mechanicsville Turnpike, 

Mechanicsville, Virginia.*

Newspaper – 07/14/2004

*Subject to the provisions of the Community Reinvestment Act.

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

Type Application

Ending date of

comment period

3(a)(1) Coastal South Bancshares, Inc., Hilton Head, South Carolina, to 

become a bank holding company through the acquisition of 

100% of the voting shares of Coastal States Bank, Hilton Head, 

South Carolina.*

Fed Reg – 07/16/2004

Newspaper – 07/15/2004

*Subject to the provisions of the Community Reinvestment Act.

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, July 3, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch First Community Bank, DeBary, Florida, to establish a branch 

located at 941 Village Trail, Port Orange, Florida.*

Newspaper – 07/05/2004

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

located at the northwest corner of Heritage Drive and Highway 

69, Tyler, Texas.*

Newspaper – 07/03/2004

Branch The Brand Banking Company, Lawrenceville, Georgia, to 

establish a mobile branch to service the Gwinnett County area.*

Newspaper – 07/15/2004

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

1738 Amherst Street, Winchester, Virginia, to be known as the 

James Wood Office.*

Newspaper – 07/07/2004

*Subject to provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(5) MidSouth Bancorp, Inc., Lafayette, Louisiana, to merge with 

Lamar Bancshares, Inc., Beaumont, Texas, and thereby acquire 

Lamar Delaware Financial Corporation, Dover, Delaware, and 

Lamar Bank, Beaumont, Texas.*

Newspaper – N/Avail

Fed Reg – 08/02/2004

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

change in control notice filed by Clarita Kassin, North Beach

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

Florida, and its general partner, Foreign Financial Investments, 

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

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

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

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

the outstanding shares of Pointe Financial Corporation, and its 

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

Newspaper – N/Avail

Fed Reg – 06/29/2004

3(a)(3) First National Bankers Bankshares, Inc., Baton Rouge,

Louisiana, to acquire Alabama Bankers Bank, Birmingham,

Alabama (in organization).*

Newspaper – N/Avail

Fed Reg – N/Avail
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(1) Gulf Atlantic Financial Group, Inc., Tallahassee, Florida, to

become a bank holding company by acquiring 100 percent of the 

outstanding shares of First National Bank, Tarpon Springs,

Florida.*

Newspaper – 07/29/2004

Fed Reg – 07/30/2004

*Subject to provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

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, July 3, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch DeMotte State Bank, DeMotte, Indiana, to establish a branch 

facility to be located at 5650 State Road 10, Roselawn, Indiana.*

Newspaper – 06/28/2004

Branch North Shore Community Bank and Trust Company, Wilmette, 

Illinois, to establish a branch facility to be located at 4343 W. 

Peterson Avenue, Chicago, Illinois.*

Newspaper – 07/13/2004

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

establish a branch facility to be located at 2601 North Dirksen 

Parkway, Springfield, Illinois.*

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

4(c)(8) Associated Banc-Corp., Green Bay, Wisconsin, to acquire 100 

percent of the voting shares of First Federal Capital Corp., 

LaCrosse, Wisconsin, and thereby indirectly acquire First 

Federal Capital Bank, LaCrosse, Wisconsin, and thereby operate 

a savings association, and engage in credit insurance activities.*

Fed Reg – 07/19/2004

Newspaper – 07/18/2004

3(a)(3) Oswego Community Bank Employee Stock Ownership Plan, 

Oswego, Illinois, to increase its ownership percentage from 

33.45 percent to 51 percent of Oswego Bancshares, Inc., 

Oswego, Illinois, and thereby indirectly acquire Oswego 

Community Bank, Oswego, Illinois.*

Fed Reg – 07/26/2004

Newspaper – 07/17/2004

3(a)(3) Parkway Bancorp, Inc., Harwood Heights, Illinois, to acquire 

100 percent of the voting shares of United Arizona Bank, 

National Association, Cave Creek, Arizona.*

Fed Reg – 06/07/2004

Newspaper – 06/05/2004

CIC Notice by Paul E. Menzel, Hartland, Wisconsin, to retain 19.32 

percent of Ridgestone Financial Services, Inc., Brookfield, 

Wisconsin, and thereby indirectly control Ridgestone Bank, 

Brookfield, Wisconsin.

Fed Reg – 06/03/2004

Newspaper – N/Avail

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

Type Application

Ending date of

comment period

None

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, July 3, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch First Bank, St. Louis, Missouri, to establish a branch facility to 

be located at 701 B Street #150, San Diego, California.*

Newspaper – 07/13/2004

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

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 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, July 3, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(3) Crosstown Holding Company, Blaine, Minnesota, to acquire 

control of all the issued and outstanding voting stock of State 

Bank of Loretto, Loretto, Minnesota.*

Fed Reg – 07/26/2004

Newspaper – N/Avail

3(a)(1) & 4(c)(8) Western Transaction Corporation, Duluth, Minnesota, to become 

a bank holding company by acquiring 100% of Western 

National Bank, Duluth, Minnesota; and 100% of Cass Lake 

Company, Duluth, Minnesota; and thereby indirectly acquiring 

The First National Bank of Cass Lake, Cass Lake, Minnesota. 

Applicant also proposes to acquire 100% of Premier Credit 

Corporation, Duluth, Minnesota, an industrial loan company, 

and, through Cass Lake Company, Duluth, Minnesota, to engage 

in insurance agency activities in a town with a population not 

exceeding 5,000.*

Fed Reg – 07/06/2004

Newspaper – 07/03/2004

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, July 3, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) Farmers State Bank, Phillipsburg, Kansas, to purchase certain 

assets and assume certain liabilities of the Phillipsburg, Kansas 

branch of the Landmark National Bank, Manhattan, Kansas.

Newspaper – N/Avail

Branch WestStar Bank, Vail, Colorado, to establish a branch at 3401 

Quebec Street, Suite 9300, Denver, Colorado

Newspaper – 07/10/2004

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

Type Application

Ending date of

comment period

3(a)(3) Astra Financial Corporation, Prairie Village, Kansas, to acquire 

up to 16.73 percent of the voting shares of First Missouri 

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

acquire First Missouri National Bank, Brookfield, Missouri.

Newspaper – N/Avail

Fed Reg – 08/05/2004

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

4(c)(8) Metcalf Bancshares, Inc., Overland Park, Kansas, to engage in 

lending activities.

Investment in 

Bank Premises

FirstBank, Antlers, Oklahoma, to increase its investment in bank 

premises.
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

723756 Peoples Bank

101 E. Main Street

Coldwater, Kansas 67029

04/05/2004 06/29/2004 S X

440352 Union Colony Bank

1701 23rd Avenue

Greeley, Colorado 80634

03/29/2004 06/30/2004 O X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, July 3, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(3) Texas Country Bancshares, Inc., Brady, TX, to acquire Clarity 

Holdings, Inc., Uvalde, TX, and National American Bank, 

Uvalde, TX*

Fed Reg – 07/30/2004

Newspaper – 07/29/2004

3(a)(5) Texas United Bancshares, Inc., La Grange, TX, and Texas 

United Nevada, Carson City, NV, to acquire GNB Bancshares, 

Inc., Gainesville, TX, Guaranty National Bancshares, Inc., 

Wilmington, DE, and GNB Financial, N.A., Gainesville, TX* 

Fed Reg – 07/30/2004

Newspaper – 07/28/2004

CIC New Mexico First Financial, Inc., Voting Trust, Lucinda 

Loveless, Hondo, NM, et al, to acquire an interest in New 

Mexico First Financial, Inc., Dover, DE

Fed Reg – 07/08/2004

Newspaper – 07/08/2004

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, July 3, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

150071 Frontier Bank

332 S.W. Everett Mall Way

Everett, Washington 98204

(425) 514-0719

02/23/2004 06/29/2004 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None