Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 37
 

Week Ending September 15, 2001
 

Board of Governors of the Federal Reserve System, Washington, DC 20551
 
H.2 Actions under delegated authority September 9, 2001 to September 15, 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
 

International Fiance
 

Office of Staff Director for Management
 

Bank Branches, Domestic
 

St. Louis 

Central Bank and Trust, Little Rock, Arkansas, dba Arvest Bank -- to establish a 

branch at 3217 North Reynolds Road, Bryant. 

- Approved, September 13, 2001 

Secretary 

Centura Bank, Rocky Mount, North Carolina -- to establish a branch at 2000 Wade 

Hampton Boulevard, Greenville, South Carolina. 

- Approved, September 13, 2001 

New York 

The Chase Manhattan Bank, New York, New York -- to establish a branch at 345 

Park Avenue. 

- Approved, September 14, 2001 

Chicago 

Citizens Bank, Flint, Michigan -- to establish a branch at 2285 Cedar Street, Holt. 

- Approved, September 10, 2001 

Cleveland 

Community First Bank & Trust, Celina, Ohio -- to establish a branch at 1301 Myers 

Road. 

- Approved, September 10, 2001 

Richmond 

New Peoples Bank, Inc., Honaker, Virginia -- to establish a branch at 1221 Stafford 

Drive, Princeton, West Virginia. 

- Approved, September 10, 2001 

Minneapolis 

The Peninsula Bank of Ishpeming, Ishpeming, Michigan -- to establish a branch at 

1414 W. Fair Avenue, Marquette, and to retain a branch at 102 N. Front Street. 

- Approved, September 10, 2001 

(AC) = Addition or Correction Delegated - Page 1 of 9 
H.2 Actions under delegated authority September 9, 2001 to September 15, 2001 

Bank Branches, Domestic
 

Minneapolis 

Rocky Mountain Bank, Billings, Montana -- to establish a branch at 2901 W. Main 

Street, Bozeman. 

- Approved, September 10, 2001 

Dallas 

Texas Bank, Weatherford, Texas -- to establish a branch at 225 East Spring Street. 

- Approved, September 10, 2001 

Minneapolis 

Valley Bank of Ronan, Ronan, Montana -- to establish a branch at 116 Main Street, 

St. Ignatius. 

- Approved, September 10, 2001 

Bank Holding Companies
 

Kansas City 

AmeriBank Holding Company, Collinsville, Oklahoma -- to become a bank holding 

company through the acquisition of American Bank of Oklahoma. 

- Approved, September 13, 2001 

Chicago 

Bank Iowa Holding Company, Clarinda, Iowa, and Panhandle Aviation, Inc. -- for 

Bank Iowa Holding Company to become a bank holding company through the 

acquisition of Farmers State Bank, Schleswig; and for Panhandle Aviation, Inc., 

Clarinda, to acquire both institutions. 

- Withdrawn, September 13, 2001 

Boston 

Banknorth Group, Inc., Portland, Maine -- to merge with Andover Bancorp, Inc., 

Andover, Massachusetts, and thereby acquire its banking subsidiaries and shares of 

Gloucester Investment Corp., Gloucester, and thereby engage in community 

development activities. 

- Approved, September 13, 2001 

(AC) = Addition or Correction Delegated - Page 2 of 9 
H.2 Actions under delegated authority September 9, 2001 to September 15, 2001 

Bank Holding Companies 

Dallas 

Cisco Bancshares of Nevada, Inc., Carson City, Nevada, and Cisco Bancshares, Inc., 

Cisco, Texas -- for Cisco Bancshares of Nevada, Inc. to become a bank holding 

company through the acquisition of First National Bank, Cisco, Texas; and for Cisco 

Bancshares, Inc. to become a bank holding company through the acquisition of both 

institutions. 

- Approved, September 12, 2001 

Secretary 

Atlanta 

Dallas 

Atlanta 

Dallas 

Citigroup Inc. and Citicorp, both in New York, New York, and Citigroup Holdings 

Company, Wilmington, Delaware -- to acquire Citibank USA, N.A., Sioux Falls, 

South Dakota. 

- Approved, September 10, 2001 

CNB Holdings, Inc., Alpharetta, Georgia -- commitment waiver request. 

- Granted, September 14, 2001 

County Bancshares, Inc., Orange, Texas -- to become a bank holding company 

through the acquisition of Newton Bancshares, Inc., Newton; First National Bank of 

Newton; and Newton Delaware Financial Corporation, Dover, Delaware. 

- Approved, September 12, 2001 

F.N.B. Corporation, Naples, Florida -- to merge with Promistar Financial 

Corporation, Johnstown, Pennsylvania, and thereby acquire Promistar Bank. 

- Approved, September 14, 2001 

Olney Bancshares of Texas, Inc., Olney, Texas, and Olney Bancorporation of 

Delaware, Inc., Wilmington, Delaware -- to acquire Friona State Bank, Friona, Texas. 

- Approved, September 12, 2001 

(AC) = Addition or Correction Delegated - Page 3 of 9 
H.2 Actions under delegated authority September 9, 2001 to September 15, 2001 

Bank Holding Companies 

Chicago 

Atlanta 

Boston 

Oswego Community Bank Employee Stock Ownership Plan, Oswego, Illinois -- to 

acquire additional shares of Oswego Bancshares, Inc. and thereby acquire Oswego 

Community Bank. 

- Approved, September 10, 2001 

Rivoli Bancorp, Inc., Macon, Georgia -- to become a bank holding company through 

the acquisition of Rivoli Bank and Trust. 

- Approved, September 11, 2001 

Southern Connecticut Bancorp, Inc., New Haven, Connecticut -- to become a bank 

holding company through the acquisition of Bank of Southern Connecticut, a de 

novo bank. 

- Approved, September 14, 2001 

Kansas City 

The State Bank-Winfield Employee Stock Ownership Plan & Trust, Winfield, 

Kansas -- to become a bank holding company through the acquisition of shares of 

State Financial Investments, Inc. 

- Approved, September 11, 2001 

Chicago 

WB Bancshares, Inc., Bloomington, Wisconsin -- to become a bank holding 

company through the acquisition of The Woodhouse & Bartley Bank. 

- Approved, September 13, 2001 

Secretary 

Zions Bancorporation, Salt Lake City, Utah -- waiver of application in connection 

with the acquisition of Minnequa Bancorp, Inc., Pueblo, Colorado, and merger of 

The Minnequa Bank of Pueblo with Vectra Bank Colorado, National Association, 

Farmington, New Mexico. 

- Granted, September 13, 2001 

(AC) = Addition or Correction Delegated - Page 4 of 9 
H.2 Actions under delegated authority September 9, 2001 to September 15, 2001 

Bank Mergers
 

Richmond 

First Virginia Bank-Colonial, Richmond, Virginia -- to merge with First Colonial 

Bank, Hopewell. 

- Approved, September 10, 2001 

Chicago 

M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin -- to merge with National City 

Bank of Minneapolis, Minneapolis, Minnesota, and thereby establish branches in 

Minneapolis and Edina. 

- Approved, September 14, 2001 

Cleveland 

Peoples Bank and Trust Company, Sunman, Indiana -- to merge with Union Bank 

and Trust Company, North Vernon; Farmers State Bank, Liberty; and Vevay Deposit 

Bank, Vevay, and thereby establish branches. 

- Approved, September 12, 2001 

Minneapolis 

Western Security Bank, Billings, Montana -- to purchase certain assets and assume 

certain liabilities of two Billings branches of Glacier Bank, Kalispell, and thereby 

establish a branch at 670 North Main Street, Billings. 

- Approved, September 13, 2001 

Change In Bank Control
 

Minneapolis 

Blunt Bank Holding Company, Blunt, South Dakota -- change in bank control. 

- Permitted, September 11, 2001 

Competitive Factors Reports
 

Chicago 

AAL Bank and Trust, FSB, Appleton, Wisconsin -- report on competitive factors of 

the proposed merger with Lutheran Brotherhood, Minneapolis, Minnesota. 

- Submitted, September 10, 2001 

(AC) = Addition or Correction Delegated - Page 5 of 9 
H.2 Actions under delegated authority September 9, 2001 to September 15, 2001 

Competitive Factors Reports
 

Chicago 

Algonquin State Bank, National Association, Algonquin, Illinois -- report on 

competitive factors of the proposed merger with Interim National Bank of Algonquin. 

- Submitted, September 10, 2001 

Chicago 

Associated Bank, N.A., Green Bay, Wisconsin -- report on competitive factors of the 

proposed merger with Associated Commercial Mortgage, Inc., Milwaukee. 

- Submitted, September 11, 2001 

Chicago 

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

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

USA Bank, National Association, Wilmington, Delaware. 

- Submitted, September 11, 2001 

St. Louis 

Central Carolina Bank and Trust, Durham, North Carolina -- report on competitive 

factors of the proposed merger with National Bank of Commerce, Memphis, 

Tennessee. 

- Submitted, September 14, 2001 

Chicago 

Chemical Bank Shoreline, Benton Harbor, Michigan -- report on competitive factors 

of the proposed merger with Chemical Bank West, Marshall. 

- Submitted, September 11, 2001 

San Francisco 

Del Amo Savings Bank, Torrance, California, and Frontier State Bank, Redondo 

Beach -- report on competitive factors of the proposed merger with First Federal 

Bank of California, Santa Monica. 

- Submitted, September 13, 2001 

Minneapolis 

First Security Bank-West, Beulah, North Dakota -- report on competitive factors of 

the proposed merger with Fairview Bank, Fairview, Montana. 

- Submitted, September 12, 2001 

(AC) = Addition or Correction Delegated - Page 6 of 9 
H.2 Actions under delegated authority September 9, 2001 to September 15, 2001 

Competitive Factors Reports
 

Atlanta 

Heritage MHC, Albany, Georgia, and Heritage Financial Group -- report on 

competitive factors of the proposed acquisition of HeritageBank of the South and 

formation of a mutual holding company. 

- Submitted, September 12, 2001 

Chicago 

MAF Bancorp, Clarendon Hills, Illinois -- report on competitive factors of the 

proposed acquisition of Mid Town Bancorp, Inc., Chicago, and Mid Town Bank and 

Trust Company. 

- Submitted, September 11, 2001 

Atlanta 

Northwest Bank, National Association, Houston, Texas -- report on competitive 

factors of the proposed merger with Whitney National Bank, New Orleans, 

Louisiana. 

- Submitted, September 12, 2001 

Chicago 

Polish National Alliance of the United States of North America, Chicago, Illinois, 

PNA Holding Company, and Alliance, FSB, Niles -- report on competitive factors of 

the proposed merger with PS Financial Inc., Chicago, and Preferred Savings Bank. 

- Submitted, September 10, 2001 

San Francisco 

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

merger with Independent Financial Network, Coos Bay; Pacific State Bank, 

Reedsport; Lincoln Security Bank, Newport; Family Security Bank, Brookings; 

Oregon State Bank, Corvallis; and McKenzie State Bank, Springfield. 

- Submitted, September 10, 2001 

Chicago 

Union Federal Bank of Indianapolis, Indianapolis, Indiana -- report on competitive 

factors of the proposed merger with The First Bank of Mitchell, Mitchell. 

- Submitted, September 13, 2001 

(AC) = Addition or Correction Delegated - Page 7 of 9 
H.2 Actions under delegated authority September 9, 2001 to September 15, 2001 

Competitive Factors Reports
 

Secretary 

Zions First National Bank, Salt Lake City, Utah -- report on competitive factors of 

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

Tremonton branch of Washington Federal Savings and Loan Association, Seattle, 

Washington. 

- Submitted, September 13, 2001 

Currency
 

Director, RBOPS 

Federal Reserve Notes -- reduction in print order for notes in fiscal year 2001. 

- Approved, September 13, 2001 

Extensions Of Time
 

Dallas 

A.N.B. Holding Company, Ltd., Terrell, Texas -- extension to December 13, 2001, 

to acquire The ANB Corporation, The ANB Delaware Corporation, and The 

American National Bank of Texas. 

- Granted, September 13, 2001 

Kansas City 

First Western Bank Shares, Inc., Huron, South Dakota -- extension to December 15, 

2001, to become a bank holding company through the acquisition of Marquette Bank 

Nebraska, N.A., O'Neill, Nebraska. 

- Granted, September 10, 2001 

Richmond 

Park Meridian Bank, Charlotte, North Carolina -- extension to December 15, 2001, 

to become a member of the Federal Reserve System. 

- Granted, September 14, 2001 

Financial Holding Companies
 

Chicago 

Herget Financial Corporation, Pekin, Illinois -- election to become a financial holding 

company. 

- Effective, September 13, 2001 

(AC) = Addition or Correction Delegated - Page 8 of 9 
H.2 Actions under delegated authority September 9, 2001 to September 15, 2001 

Financial Holding Companies
 

Chicago 

Old Second Bancorp, Inc., Aurora, Illinois -- election to become a financial holding 

company. 

- Effective, September 12, 2001 

Membership
 

Chicago 

Bank of Palmyra, Palmyra, Illinois -- membership in the Federal Reserve System. 

- Approved, September 12, 2001 

San Francisco 

Business Bank of California, San Bernardino, California -- membership in the Federal 

Reserve System. 

- Approved, September 14, 2001 

Chicago 

Logan County Bank, Lincoln, Illinois -- membership in the Federal Reserve System. 

- Approved, September 12, 2001 

Chicago 

Town and Country Bank of Springfield, Springfield, Illinois -- membership in the 

Federal Reserve System. 

- Approved, September 12, 2001 

Chicago 

Town and Country Bank, Buffalo, Illinois -- membership in the Federal Reserve 

System. 

- Approved, September 12, 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, September 15, 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) Williamstown Mutual Holding Company (in formation), Newspaper – 10/13/2001 

Williamstown, Massachusetts - application to become a mutual Fed Reg – N/Avail 

holding company through the acquisition of Williamstown 

Savings Bank, Williamstown, Massachusetts 

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, September 15, 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 

Royal Bank of Canada, Montreal, Canada, to establish a 

representative office in Wilmington, Delaware.* 

Newspaper – N/Avail 

Branch NCF Bank Plc (formerly known as Nordea Companies Finland 

(NCF) Plc formerly known as MeritaNordbanken Plc), to 

establish a state-licensed branch at 437 Madison Avenue, New 

York, New York.* 

Newspaper – N/Avail 

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

to establish a branch in the Kings Way Retirement Home, 5000 

Queen Philomena Boulevard, Schenectady, Schenectady 

County, New York.* 

Newspaper – 09/19/2001 

* 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 

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, September 15, 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, September 15, 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 

S/R Received request from Hamler State Bank, Hamler, OH on 

09/12/2001 to reduce its capital stock by means of a repurchase 

and cancellation of shares. 
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, September 15, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

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

branch at 110 Matthews Station Street, Suite 1-F, Matthews, 

North Carolina.* 

Branch The Page Valley Bank, Luray, Virginia, to establish a branch at 

600 Third Street, Shenandoah, Virginia. 

18(c) Northern Neck State Bank, Warsaw, Virginia, to acquire certain 

assets and assume certain liabilities of the Tappahannock, 

Virginia, branch office located at 1649 Tappahannock 

Boulevard, of Citizens & Farmers Bank, West Point, Virginia.* 

Newspaper - 09/24/2001 

Newspaper - 10/01/2001 

Newspaper - 10/12/2001 

*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) Virginia Financial Corporation, Staunton, Virginia, to merge 

with Commonwealth Financial Corporation, Culpeper, 

Virginia.* 

Fed Reg - 10/12/2001 

Newspaper - 10/12/2001 

4(c)(8) Virginia Financial Corporation, Staunton, Virginia, to engage in 

trust activities through the acquisition of Virginia 

Commonwealth Trust Company, Culpeper, Virginia. 

Fed Reg - 10/12/2001 

Newspaper - 10/12/2001 

*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 

Membership Sandy Spring Bank, Olney, Maryland (successor to Sandy 

Spring National Bank), for membership in the Federal Reserve 

System. 

3(a)(1) New Peoples Bankshares, Inc., Honaker, Virginia, to become a 

bank holding company through the acquisition of 100% of the 

voting shares of New Peoples Bank, Honaker, Virginia. 

Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

2253891 Capital One Bank 05/07/2001 09/09/2001 O LP 

11011 West Broad Street 

Glen Allen, Virginia 23060 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, September 15, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

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

2900 Delk road, Suite 1150, Marietta, Georgia, to be known as 

the Delk Spectrum Publix In-Store Office. 

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

3870 Peachtree Industrial Boulevard, Duluth, Georgia, to be 

known as the Tree Summit Village Publix In-Store Office. 

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

5727 Burke Center, Burke, Virginia, to be known as the Burke 

Center Safeway In-Store Office. 

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

5980 Kingston Center, Alexandria, Virginia, to be known as 

Franconia Safeway In-Store Office. 

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

10 King Street, Waldorf, Maryland, to be known as the 

Smallwood Plaza Safeway In-Store Office. 

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

located at the corner of Chandler Boulevard and North Price 

Road, Chandler, Arizona. 

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

located at the corner of Preston Road and Stone Crest Road, 

Frisco, Texas. 

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

located at 1201 Main Street, Columbia, South Carolina. 

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

located at 3535 Wheeler Road, Augusta, Georgia. 

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

located at 3336 Hebron Parkway, Carrollton, Texas. 

Branch PointeBank, Boca Raton, Florida, to establish a branch located 

at 500 South Pointe Drive, Miami Beach, Florida. 

09/13/2001* 

09/13/2001* 

09/13/2001* 

09/13/2001* 

09/13/2001* 

09/12/2001* 

09/12/2001* 

09/12/2001* 

09/06/2001* 

09/15/2001* 

09/10/2001 

*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 

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 

3(a)(1) FPB Bancorp, Inc., Port St. Lucie, Florida, to become a bank 

holding company by acquiring First Peoples Bank, Port St. 

Lucie, Florida. 

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 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, September 15, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) & Branches 1st Source Bank, South Bend, Indiana, for prior approval to 

acquire the Fort Wayne, Huntington, Bluffton, New Haven, 

Columbia City and Auburn, Indiana branches of Standard 

Federal Bank, Troy, Michigan and thereby to establish 13 

branches.* 

Branch Frontier Savings Bank, Council Bluffs, Iowa, to establish a 

branch at 500 block of 23rd Avenue, Council Bluffs, Iowa.* 

Branch Warren Bank, Warren, Michigan, for prior approval to establish 

a branch at approximately 38876 Garfield Road, Clinton 

Township, Michigan.* 

Newspaper – 9/20/2001 

Newspaper – 8/28/2001 

Newspaper – 9/14/2001 

* 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 

Notification by J. D. Bergman Corporation, Hinsdale, Illinois, of 

a Change in Control to acquire additional stock of American 

Heartland Bancshares, Inc., Sugar Grove, Illinois. 

Fed Reg – 10/02/2001 

Newspaper – N/Avail 

Helen M. Paul proposes to acquire an additional 50 shares of 

APM Bancorp, Inc., Buffalo, Iowa. 

Fed Reg – 9/19/2001 

Newspaper- 9/21/2001 

3(a)(3) Capitol Bancorp, Ltd., Lansing, Michigan, Sun Community 

Bancorp Limited, Phoenix, Arizona and Nevada Community 

Bancorp Limited, Las Vegas, Nevada, for prior approval to 

acquire 51 percent of the voting shares of Bank of Las Vegas (in 

organization), Las Vegas, Nevada.* 

Fed Reg – 9/28/2001 

Newspaper – 9/22/2001 

3(a)(3) Capitol Bancorp, Ltd., Lansing, Michigan and Sun Community 

Bancorp Limited, Phoenix, Arizona, for prior approval to 

acquire 51 percent of the voting shares of Napa Community 

Bank (in organization), Napa, California. California.* 

Fed Reg – 9/28/2001 

Newspaper – 9/22/2001 

CC 

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

Ending date of 

Type Application comment period 

3(a)(1) Eagle Bancshares, Inc., Cashton, Wisconsin, for prior approval 

to become a bank holding company through the acquisition of 

100 percent of the outstanding shares of Cashton Bancshares, 

Inc., Cashton, Wisconsin and thereby indirectly Bank of 

Cashton, Cashton, Wisconsin.* 

4(c)(8) FBOP Corporation, Oak Park, Illinois, for prior approval to 

acquire 100 percent of the voting shares of Bank Plus 

Corporation, Los Angeles, California and thereby indirectly 

acquire Fidelity Federal Bank, FSB, Glendale, California.* 

3(a)(1) First California Northern Bancorp, Napa, California, to become 

a bank holding company through the acquisition of 51 percent of 

the voting shares of Napa Community Bank (in organization), 

Napa, California.* 

3(a)(3) Great River Financial Group, Inc., Burlington, Iowa, for prior 

approval to acquire 100% of the voting shares of Southeast 

Security Bank, Mediapolis, Iowa.* 

3(a)(3) Mid-Iowa Bancshares Co., Algona, Iowa, for prior approval to 

acquire in excess of 5% but not to exceed 10% of Horizon Bank 

(in organization), Encino, California.* 

3(a)(3) Northstar Financial Group, Inc., Bad Axe, Michigan, for prior 

approval to acquire 100 percent of the voting shares of Seaway 

Community Bank (in organization), St. Clair, Michigan.* 

3(a)(3) Prairieland Employee Stock Ownership Plan, Bushnell, Illinois, 

for prior approval to acquire 45.85 percent of the voting shares 

of Prairieland Bancorp, Inc., Bushnell, Illinois and thereby 

indirectly acquire Farmers and Merchants State Bank, Bushnell, 

Illinois.* 

3(a)(3) River Valley Bancorp, Inc., Eldridge, Iowa, for prior approval to 

acquire 100 percent of State Bank of Latham, Latham, Illinois.* 

Notification by John G. Rosholt, of a Change in Control to retain 

control, and by Gary C. Rosholt to acquire control, of Rosholt 

Bancorporation, Inc., Rosholt, Wisconsin. 

3(a)(1) WB Bancshares, Inc., Bloomington, Wisconsin, for prior 

approval to become a bank holding company through the 

acquisition of 100 percent of the voting shares of Woodhouse 

and Bartley Bank, Bloomington, Wisconsin.* 

Fed Reg – 9/20/2001 

Newspaper – 9/21/2001 

Fed Reg – 10/09/2001 

Newspaper – N/Avail 

Fed Reg – 9/28/2001 

Newspaper – 9/22/2001 

Fed Reg – 9/28/2001 

Newspaper – 9/28/2001 

Fed Reg – 9/11/2001 

Newspaper – 9/22/2001 

Fed Reg – 10/12/2001 

Newspaper – N/Avail 

Fed Reg – 10/05/2001 

Newspaper – 10/03/2001 

Fed Reg – 9/28/2001 

Newspaper – N/Avail 

Fed Reg – 8/27/2001 

Newspaper – N/Avail 

Fed Reg – 9/10/2001 

Newspaper – 9/10/2001 

* Subject to the provisions of the Community Reinvestment Act 

CC 
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 

4(c)(8) Marshall & Ilsley Corporation, Milwaukee, Wisconsin, 

notification of intent to acquire, indirectly through its subsidiary 

Metavante Corporation, all of the assets of Brokat Technologies 

Inc. and Brokat Technologies AFS, Inc. 

Regulation K Shorebank Corporation, Chicago, Illinois, for prior approval to 

invest, through its subsidiary, Shorebank Advisory Services, 

Inc., Chicago, Illinois, in Shorebank Advisory Services 

Romania, Bucharest, Romania. 

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 

478449 Alpha Community Bank 3/05/2001 9/13/2001 S X 

201 N. Main Street 

Toluca, Illinois 61369 

(815) 452-2321 
Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, September 15, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Notice by Midwest BankCentre, St. Louis, Missouri, to establish 

a branch at 16650 Chesterfield Grove Road, Suite 110, 

Chesterfield, Missouri.* 

9/26/2001

Branch Notice by Bank of Mulberry, Mulberry, Arkansas, to relocate its 

branch from 1020 West 2nd Street, Little Rock, Arkansas, to 

1022 West Capitol, Little Rock, Arkansas.* 

10/2/2001

* 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 

CIC Notice involving Hardeman County Investment Company, Inc., Newspaper – 10/2/2001 

Bolivar, Tennessee, by Betty L. Woodside, Jackson, Tennessee, Fed Reg. – 10/2/2001 

to retain 66.66 percent. 

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 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, September 15, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) & Branch First Interstate Bank, Billings, Montana, to merge with First 09/27/2001 

Interstate Bank, Sheridan, Wyoming, and incident thereto 

establish 21 branches.* 

* 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)(1) Credit Riviere Bancorporation, Inc., Austin, Texas, for prior 

approval to become a bank holding company through the 

acquisition of 100% of the voting shares of First State Bank of 

Sinai, Sinai, South Dakota.* 

Fed. Reg. – 10/09/2001 

Newspaper – N/Avail. 

3(a)(1) Venture Bancshares, Inc., Bloomington, Minnesota, for prior 

approval to become a bank holding company through the 

acquisition of 100% of the voting shares of Venture Bank, 

Bloomington, Minnesota, a de novo bank.* 

Fed. Reg. – 10/15/2001 

Newspaper – N/Avail. 

* Subject to the provisions of the Community Reinvestment Act. 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

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

Type Application 

None 

Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, September 15, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Bank of Colorado, Fort Lupton, Colorado, for prior approval to Newspaper – 09/15/2001 

relocate its charter from 605 Fourth Street, Fort Lupton, 

Colorado, to 1609 East Harmony Road, Fort Collins, Colorado 

and to retain 605 Fourth Street, Fort Lupton, Colorado as a 

branch office. 

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 

913856 Pinnacle Bank 06/04/2001 09/13/2001 S X 

1200 Golden Gate Drive 

Papillion, Nebraska 68046-2838 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, September 15, 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)(3) Overton Financial Corporation, Overton, TX, and Overton 

Delaware Corporation, Dover, DE, to acquire Longview 

Financial Corporation, Longview, TX, Longview Delaware 

Corporation, Dover, DE, Longview Bank and Trust, Longview, 

TX, and First State Bank, Van, TX* (previously reported the 

week ending September 8, 2001) 

3(a)(1) DNB Bancshares, Inc., Dallas, TX, to acquire DNB Delaware 

Financial Corporation, Inc., Dover, DE, and Dallas National 

Bank, Dallas, TX* 

3(a)(1) DNB Delaware Financial Corporation, Inc., Dover, DE, to 

acquire Dallas National Bank, Dallas, TX* 

3(a)(1) Outsource Holdings, Inc., Lubbock, TX, to acquire Outsource 

Delaware Holdings, Inc., Dover, DE, Falcon Bancorporation, 

Inc., Memphis, TX, and First Bank and Trust of Memphis, 

Memphis, TX* 

3(a)(1) Outsource Delaware Holdings, Inc., Dover, DE, to acquire 

Falcon Bancorporation, Inc., Memphis, TX, and First Bank and 

Trust of Memphis, Memphis, TX* 

Fed Reg – 10/05/2001 

Newspaper – 10/05/2001 

Fed Reg – N/Avail 

Newspaper – N/Avail 

Fed Reg – N/Avail 

Newspaper – N/Avail 

Fed Reg – N/Avail 

Newspaper – N/Avail 

Fed Reg – N/Avail 

Newspaper – N/Avail 

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

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 

Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, September 15, 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