Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 32

Week Ending August 9, 2003

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions August 3, 2003 to August 9, 2003

Bank Holding Companies

Woori Finance Holdings Co., Ltd., Seoul, Korea, and Woori Bank -- to acquire Panasia 

Bank, National Association, Fort Lee, New Jersey.

- Approved, August 4, 2003 

Regulations And Policies

Basel Capital Accord -- request for comment on interagency documents related to 

proposed implementation of the new Basel Capital Accord in the United States.

- Announced, August 4, 2003 

Disciplinary Actions against Accountants -- final interagency regulations on disciplinary 

actions against accountants who fail to meet certain professional standards (Docket No. 

R-1139).

- Approved, July 25, 2003 (AC)

Identity Theft -- request for comment on proposed interagency guidance that would 

require financial institutions to develop programs to respond to incidents of unauthorized 

access to customer information, including notification procedures under certain 

circumstances.

- Approved, August 4, 2003 

(AC) = Addition or Correction Board - Page 1 of 1
August 3, 2003 to August 9, 2003

BS&R

C&CA

FOMC

RBOPS

IF

OSDM

Banking Supervision and Regulation

Consumer and Community Affairs

Federal Open Market Committee

Reserve Bank Operations and Payment Systems

International Finance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

Albemarle First Bank, Charlottesville, Virginia -- to establish a branch in the General 

Electric Fanuc Office Park at Route 29 North and Highway 606.

- Approved, August 4, 2003 

Richmond

AmSouth Bank, Birmingham, Alabama -- to establish a branch at 3242 Little Road, 

Trinity, Florida.

- Approved, August 4, 2003 

Atlanta

First Bank, St. Louis, Missouri -- to establish a branch at 1375 Harbor Boulevard, 

Fullerton, California.

- Approved, August 6, 2003 

St. Louis

Sky Bank, Salineville, Ohio -- to establish a branch at 2417 Tuscarawas Street West, 

Canton.

- Approved, August 6, 2003 

Cleveland

Sunstate Bank, Casa Grande, Arizona -- to establish a branch at 902 West Rex Allen 

Drive, Willcox.

- Withdrawn, August 5, 2003 

San Francisco

The Tilden Bank, Tilden, Nebraska -- to establish a branch at 709 Peabody Avenue, 

Creighton.

- Approved, August 8, 2003 

Kansas City

(AC) = Addition or Correction Delegated - Page 1 of 6
H.2 Actions under delegated authority August 3, 2003 to August 9, 2003

Bank Holding Companies

Blackhawk Bancorp, Inc., Beloit, Wisconsin -- to acquire DunC Corp., Rockford, 

Illinois, and thereby acquire First Bank, BC, Capron.

- Approved, August 5, 2003 

Chicago

Coffeyville Bancorp, Inc., Coffeyville, Kansas -- to become a bank holding company 

through the acquisition of CSB Bancorp, Inc. and Community State Bank.

- Approved, August 8, 2003 

Kansas City

DeKalb Bankshares, Inc., Camden, South Carolina -- to become a bank holding 

company through the acquisition of Bank of Camden.

- Approved, August 4, 2003 

Richmond

Floridian Community Holdings, Inc., Davie, Florida -- to become a bank holding 

company through the acquisition of Floridian Community Bank, Inc.

- Returned, August 5, 2003 

Atlanta

Hume Bancshares Acquisition Corp., St. Louis, Missouri -- to become a bank holding 

company through the acquisition of Hume Bancshares, Inc., Hume, and Hume Bank.

- Approved, August 6, 2003 

Kansas City

Integrity Bancshares, Inc., Alpharetta, Georgia -- commitment waiver request.

- Granted, August 7, 2003 

Atlanta

Lakeland Bancorp, Inc., Oak Ridge, New Jersey -- to merge with CSB Financial Corp., 

Teaneck.

- Approved, August 6, 2003 

New York

(AC) = Addition or Correction Delegated - Page 2 of 6
H.2 Actions under delegated authority August 3, 2003 to August 9, 2003

Bank Holding Companies

Lauritzen Corporation, Omaha, Nebraska -- to acquire an interest in First National of 

Nebraska, Inc. and 13 subsidiaries.

- Approved, August 7, 2003 

Kansas City

Mercantile Bancorp, Inc., Quincy, Illinois -- to acquire shares of Mid-America Bancorp, 

Inc., Leawood, Kansas, and thereby acquire Heartland Bank.

- Approved, August 6, 2003 

St. Louis

Mountain National Bancshares, Inc., Sevierville, Tennessee -- commitment waiver 

request.

- Withdrawn, August 5, 2003 

Atlanta

Peoples Bancshares Corp, Boonville, Indiana -- to become a bank holding company 

through the acquisition of Peoples Trust and Savings Bank.

- Approved, August 6, 2003 

St. Louis

The Royal Bank of Scotland Group plc, Edinburgh, Scotland -- to acquire an interest in 

Truman Capital Founders, LLC, Armonk, New York, and Truman Capital Advisors, 

LLC, and thereby engage in extending credit and servicing loans, activities related to 

extending credit, and financial and investment advisory activities.

- Approved, August 8, 2003 

Secretary

The South Financial Group, Greenville, South Carolina -- to acquire an interest in Florida 

Banks, Inc., Jacksonville, Florida, and thereby acquire Florida Bank, N.A., Tampa.

- Withdrawn, August 4, 2003 

Richmond

(AC) = Addition or Correction Delegated - Page 3 of 6
H.2 Actions under delegated authority August 3, 2003 to August 9, 2003

Bank Holding Companies

The South Financial Group, Greenville, South Carolina -- to acquire MountainBank 

Financial Corporation, Hendersonville, North Carolina, and thereby acquire 

MountainBank; Community National Bank, Pulaski, Virginia; Trust Company of the 

South, Greenville, South Carolina; and Asset Management Company of the South.

- Approved, August 7, 2003 

Richmond

Tradition Bancshares, Inc., Houston, Texas, and Tradition Bancshares of Delaware, Inc., 

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

Tradition Bank, Houston, and First National Bank of Bellaire; and for Tradition Bank to 

merge with First National Bank of Bellaire and thereby establish a branch.

- Approved, August 7, 2003 

Dallas

West Bancorporation, Inc., West Des Moines, Iowa -- to engage in investment advisory 

activities through formation of a subsidiary, WB Capital Management Inc., to purchase 

the assets and assume the liabilities of VMF Capital, LLC, Des Moines.

- Approved, August 8, 2003 

Chicago

Bank Premises

The Bank of Marion, Marion, Virginia -- to increase its investment in bank premises.

- Approved, August 7, 2003 

Richmond

Banks, Foreign

CITIC Ka Wah Bank Limited, Hong Kong Special Administrative Region, People's 

Republic of China -- to establish branches in New York, New York, and Los Angeles, 

California.

- Approved, August 6, 2003 

Director, BS&R

Change In Bank Control

Citizens Bancshares, Inc., Ville Platte, Louisiana -- change in bank control.

- Withdrawn, August 8, 2003 

Atlanta

(AC) = Addition or Correction Delegated - Page 4 of 6
H.2 Actions under delegated authority August 3, 2003 to August 9, 2003

Competitive Factors Reports

The First National Bank in Green Forest, Green Forest, Arkansas -- report on 

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

Madison Bank and Trust, Kingston.

- Submitted, August 6, 2003 

St. Louis

Lakeland Bank, Newfoundland, New Jersey -- report on competitive factors of the 

proposed acquisition of Community State Bank, Teaneck.

- Submitted, August 6, 2003 

New York

New York Community Bank, Flushing, New York -- report on competitive factors of the 

proposed acquisition of The Roslyn Savings Bank, Roslyn.

- Submitted, August 8, 2003 

New York

Southern Exchange Bank, Tampa, Florida -- report on competitive factors of the 

proposed merger with First National Bank of Florida, Naples.

- Submitted, August 4, 2003 

Atlanta

Townsend Building & Loan Association, Townsend, Delaware -- report on competitive 

factors of the proposed merger of its successor, Townsend Bank, with Townsend Interim 

Bank.

- Submitted, August 5, 2003 

Philadelphia

Woori America Bank, New York, New York -- report on competitive factors of the 

proposed acquisition of Panasia Bank, National Association, Fort Lee, New Jersey.

- Submitted, August 6, 2003 

New York

(AC) = Addition or Correction Delegated - Page 5 of 6
H.2 Actions under delegated authority August 3, 2003 to August 9, 2003

Currency

Federal Reserve Notes -- letter confirming request for printing of notes during the fiscal 

year ending September 30, 2004.

- Approved, August 4, 2003 

Director, RBOPS

Extensions Of Time

The Farmers State Bank of Fort Morgan Colorado Employee Stock Ownership Plan, 

Fort Morgan, Colorado -- extension to November 20, 2003, to acquire an interest in 

F.S.B. Bancorporation of Fort Morgan, Colorado and Farmers State Bank of Fort 

Morgan.

- Granted, August 6, 2003 

Kansas City

Mercantile Bankshares Corporation, Baltimore, Maryland -- extension to November 8, 

2003, to acquire Townsend Building & Loan Association, Townsend, Delaware.

- Granted, August 5, 2003 

Richmond

Tidelands Bancshares, Inc., Mount Pleasant, South Carolina -- extension to December 

11, 2003, to become a bank holding company through the acquisition of Tidelands Bank, 

a de novo bank.

- Granted, August 7, 2003 

Richmond

Membership

Colonial Virginia Bank, Gloucester, Virginia -- membership in the Federal Reserve 

System.

- Approved, August 8, 2003 

Richmond

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

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, August 9, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, August 9, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

to establish a seasonal-use limited branch at York College of 

Pennsylvania, Country Club Road, Spring Garden Township, 

Pennsylvania

Newspaper – N/Avail

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

to establish a seasonal-use limited branch at Central 

Pennsylvania College, Valley and College Hill Roads, 

Summerdale, Pennsylvania.

Newspaper – N/Avail

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

to establish a seasonal-use limited branch at Wilson College, 

1015 Philadelphia Avenue, Chambersburg, Pennsylvania.

Newspaper – N/Avail

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 3 

Federal Reserve Bank of Philadelphia 

Applications and notifications filed during the week ending Saturday, August 9, 2003 

Section I – Applications subject to newspaper notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

Ending date of 

comment period

None 

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

None 
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding 

S = Satisfactory 

NI = Needs to improve 

SN = Substantial noncompliance 

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

RSSD Exam type

number Institution/Location

Examination 

date

CRA 

public date

CRA 

rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None 
District 4 

Federal Reserve Bank of Cleveland 

Applications and notifications filed during the week ending Saturday, August 9, 2003 

Section I – Applications subject to newspaper notice only

Type Application

Ending date of 

comment period

Branch Notice by Sky Bank, Salineville, Ohio, of intent to establish a de 

novo branch at 501 West Schrock Road, Westerville, Ohio 

Newspaper - 08/09/2003 

 

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

Type Application

Ending date of 

comment period

None 

 

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of 

comment period

None 

 

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

Type Application

None 

 
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding 

S = Satisfactory 

NI = Needs to improve 

SN = Substantial noncompliance 

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

RSSD Exam type

number Institution/Location

Examination 

date

CRA 

public date

CRA 

rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None 
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, August 9, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

a branch at 1034 Old Peachtree Road, Lawrenceville, Georgia*

Newspaper – 08/15/2003

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

a branch at 12885 Highway 9, Alpharetta, Georgia.*

Newspaper – 08/15/2003

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

a branch at 210 Jonesboro Road, McDonough, Georgia.*

Newspaper – 08/16/2003

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

a branch at 410 Country Club Drive, Stockbridge, Georgia.*

Newspaper – 08/16/2003

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

a branch at 11861 U. S. Highway 70 West, Clayton, North 

Carolina.*

Newspaper – 08/16/2003

Branch Community Bank of Tri-County, Waldorf, Maryland, to 

establish a branch at 200 Market Square Drive, Prince 

Frederick, Maryland.*

Newspaper – 08/21/2003

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

a branch at 100 Beckett Lane, Fayetteville, Georgia.*

Newspaper – 08/22/2003

18(c) RBC Centura Bank, Rocky Mount, North Carolina, to acquire 

the assets and assume the liabilities of four branch offices 

located in Bradenton, Florida; one located in Brandon, Florida; 

six located in Sarasota, Florida; one located in Sun City Center, 

Florida; and one located in Venice, Florida, of The Provident 

Bank, Cincinnati, Ohio.*

Newspaper – 09/06/2003

*Subject to the provisions of the Community Reinvestment Act.

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

Type Application

Ending date of

comment period

3(a)(1) Mount Hope Bankshares, Inc., Mount Hope, West Virginia, to 

become a bank holding company through the acquisition of 

100% of the voting shares of Bank of Mount Hope, Inc., Mount 

Hope, West Virginia.*

Fed Reg – 08/29/2003 

Newspaper – 09/01/2003

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

Type Application

Ending date of

comment period

None

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, August 9, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

located at 120 Citi Centre, Winter Haven, Florida, to be known 

as the Winter Haven – Citi Centre Branch.*

Newspaper-08/20/2003

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

located at 6105 Cypress Gardens Boulevard, Winter Haven, 

Florida, to be known as the Winter Haven – Cypress Gardens 

Branch.*

Newspaper-08/20/2003

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

located at 1725 West Causeway Approach, Mandeville, 

Louisiana, to be known as the Mandeville Branch.*

Newspaper-08/20/2003

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

located at 8234 Navarre Parkway, Navarre, Florida, to be known 

as the Navarre Branch.*

Newspaper-08/20/2003

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

located at 1300 West Walnut Avenue Branch, to be known as 

the Walnut Avenue Branch.*

Newspaper-08/20/2003

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

located at 2199 Manatee Avenue West, Bradenton, Florida, to be 

known as the Bradenton – Manatee Avenue Branch.*

Newspaper-08/20/2003

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

located at the southeast corner of Military Trail and University 

Boulevard, Jupiter, Florida.*

Newspaper-08/09/2003

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

located in the Tallan Building, 200 E. Martin Luther King 

Boulevard, Suite 100, Chattanooga, Tennessee.*

Newspaper-08/13/2003

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

located at 155 Franklin Road, Suite 105, Brentwood, 

Tennessee.*

Newspaper-08/13/2003

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

located at 12617 West Sunrise Boulevard, Sunrise, Florida, to be 

known as the Sawgrass Office.*

Newspaper-08/15/2003

*Subject to provisions of the Community Reinvestment Act
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

CIC Citizens Bancshares, Inc., Ville Platte, Louisiana, prior change 

in control notification filed by Anita Marie Fontenot

(Melancon), Lafayette, Louisiana; Darwin James Fontenot,

Lafayette, Louisiana; Rachel Fontenot Wyble, Carencro,

Louisiana; Carl Winn Fontenot, Chad David Fontenot, Craig 

Dwaine Fontenot, David Joseph Fontenot, and Vickie Lynn 

Fontenot (Bergeron), all of Ville Platte, Louisiana; to control 

approximately 34.05 percent of the outstanding shares of

common stock of Citizens Bancshares, Inc., and its subsidiary, 

Citizens Bank, both of Ville Platte, Louisiana.

Newspaper-N/Avail

Fed Reg-N/Avail

3(a)(3) Community Capital Bancshares, Inc., Dothan, Alabama, to 

acquire 100 percent of the outstanding shares of First Bank of 

Dothan, Inc., Dothan, Alabama.*

Newspaper-09/06/2003

Fed Reg-N/Avail

*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 Fe deral Register or newspaper notice

Type Application

COM Citizens Effingham Bancshares, Inc., Springfield, Georgia, 

commitment waiver request.
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD 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, August 9, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(3) & 4(c)(8) First Fontanelle Bancorporation, Inc., Fontanelle, Iowa, to 

acquire 100 percent of the voting shares of Corn Belt 

Bancorporation, Inc., Anita, Iowa, and thereby indirectly acquire 

Union National Bank, Anita, Iowa, and to acquire Corn Belt 

Insurance Agency, Massena, Iowa, and thereby to engage in 

insurance agency activities.*

Fed Reg – 08/18/2003

Newspaper – 08/23/2003

CIC Notice by Daniel A. Hamann, Omaha, Nebraska, Esther 

Hamann Brabec, Omaha, Nebraska, and Julie Hamann 

Bunderson, Elkhorn, Nebraska, both "acting in concert" and 

each individually to gain control of Great Western 

Bancorporation, Inc., Omaha, Nebraska.

Fed Reg – 08/01/2003

Newspaper – 08/13/2003

3(a)(1) TeamCo, Inc., Oak Lawn, Illinois, to become a bank holding 

company through the acquisition of 100 percent of the voting 

shares of Oak Lawn Bank, Oak Lawn, Illinois.*

Fed Reg – 08/15/2003

Newspaper – N/Avail

CIC Notice by Frank E. Powers, Defiance, Iowa, to acquire 22.33 

percent interest in Union Bancorporation, Defiance, Iowa, and 

thereby indirectly acquire Defiance State Bank, Defiance, Iowa.

Fed Reg – 08/15/2003

Newspaper – N/Avail

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

100 percent of the voting shares of Advantage National 

Bancorp, Inc., Elk Grove Village, Illinois, and thereby indirectly 

acquire Advantage National Bank, Elk Grove Village, Illinois.*

Fed Reg – 09/05/2003

Newspaper – 08/30/2003

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

Type Application

Ending date of

comment period

None

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None
Section VI – CRA examinations scheduled for Fourth Quarter of 2003

Institution Location

First American Bank Carpentersville, Illinois

The First Commercial Bank Chicago, Illinois

Bank of Rantoul Rantoul, Illinois

Wayne Bank and Trust Co. Cambridge City, Indiana

First American Bank Fort Dodge, Iowa

Glenwood State Bank Glenwood, Iowa

Maquoketa State Bank Maquoketa, Iowa

Bank Iowa Oskaloosa, Iowa

Hedrick Savings Bank Ottumwa, Iowa

Union State Bank Rockwell City, Iowa

Byron Center State Bank Byron Center, Michigan

The Bank of Brodhead Brodhead, Wisconsin

Delafield State Bank Delafield, Wisconsin

The State Bank of Viroqua Viroqua, Wisconsin

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances.
District 8 

Federal Reserve Bank of St. Louis 

Applications and notifications filed during the week ending Saturday, August 9, 2003 

Section I – Applications subject to newspaper notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

Ending date of 

comment period

None 

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

None 
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding 

S = Satisfactory 

NI = Needs to improve 

SN = Substantial noncompliance 

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

RSSD Exam type

number Institution/Location

Examination 

date

CRA 

public date

CRA 

rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None 
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, August 9, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(3) First Sleepy Eye Bancorporation, Inc., Sioux Falls, South 

Dakota, proposes to acquire 100% of the voting shares of 

Nichols Financial, Inc., Storden, Minnesota, and thereby 

indirectly acquire Heartland State Bank, Storden, Minnesota.*

Fed Reg- 09/02/2003 

Newspaper- 08/30/2003

3(a)(5) Quality Bankshares, Inc., Fingal, North Dakota, to acquire Page 

Bank Holding Company, Page, North Dakota, and thereby 

indirectly acquire Page State Bank, Page, North Dakota.*

Fed Reg- 09/04/2003

Newspaper- 08/29/2003

3(a)(5) Farmers & Merchants Financial Services Inc., St. Paul, 

Minnesota, to merge with Eau Claire Financial Services, Inc., St. 

Paul, Minnesota, and thereby indirectly acquire American Bank, 

Eau Claire, Wisconsin, and American Bank, Lake City, 

Minnesota.*

Fed Reg- 09/02/2003

Newspaper- N/Avail

*Subject to the provisions of the Community Reinvestment Act.

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Farmers & Merchants Financial Services, Inc., St. Paul, 

Minnesota, to acquire Lake City Agency, Inc., Lake City, 

Minnesota, and thereby engage in general insurance agency 

activities in a town with a population of less than 5,000.

Fed Reg- 09/02/2003
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, August 9, 2003 

Section I – Applications subject to newspaper notice only

Type Application

Ending date of 

comment period

18(c) The Ravenna Bank, Ravenna, Nebraska (to be renamed Town & 

Country Bank, Ravenna, Nebraska), to merge with Pleasanton 

State Bank, Pleasanton, Nebraska and incident thereto, to 

establish several branches. 

Newspaper - N/Avail 

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

Type Application

Ending date of 

comment period

3(a)(1) Canon Bank Corporation, Canon City, Colorado, to become a 

bank holding company through the acquisition of 80 percent of 

the voting shares of Canon National Bank, Canon City, 

Colorado. 

Newspaper - 07/21/2003 

Fed Reg - 07/18/2003 

3(a)(1) InfiCorp Holdings, Inc., Atlanta, Georgia, to become a bank 

holding company through the acquisition of 99.94 percent of the 

voting shares of InfiBank, N.A., Atlanta, Georgia. 

Newspaper - 08/28/2003 

Fed Reg - 08/29/2003 

3(a)(3) Lauritzen Corporation, Omaha, Nebraska, to indirectly retain its 

ownership of InfiCorp Holdings, Inc., Atlanta, Georgia, through 

its retention of 27.67 percent of the voting shares of First 

National of Nebraska, Inc., Omaha, Nebraska. 

Newspaper - 08/28/2003 

Fed Reg - 08/29/2003 

3(a)(3) First National of Nebraska, Inc., Omaha, Nebraska, to retain 100 

percent of the voting shares of InfiCorp Holdings, Inc., Atlanta, 

Georgia, parent of InfiBank, N.A., Atlanta, Georgia. 

Newspaper - 08/28/2003 

Fed Reg - 08/29/2003 

CIC Notice by R. Eugene Thompson, as trustee for the Thompson 

Family Trusts, to acquire control of Peoples Bancshares, Inc., 

Kansas City, Missouri, parent of MidAmerican Bancshares, Inc., 

Harrisonville, Missouri and Allen Bank and Trust Company, 

Harrisonville, Missouri. 

Newspaper - 08/21/2003 

Fed Reg - 08/21/2003 

CIC Notice by R. Eugene Thompson, as trustee for the Thompson 

Family Trusts, to acquire control of Platte County Bancshares, 

Inc., Platte City, Missouri, parent of MidAmerican Bancshares, 

Inc., Harrisonville, Missouri; Allen Bank and Trust Company, 

Harrisonville, Missouri; and Platte Valley Bank of Missouri, 

Platte City, Missouri. 

Newspaper - 08/21/2003 

Fed Reg - 08/21/2003 
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 

287155 First Bank of Haskell 

202 N. Broadway 

Haskell, Oklahoma 74436 

05/12/2003 08/08/2003 S X 

275657 First State Bank 

206 N. Penn Avenue 

Ness City, Kansas 67560-1636 

05/19/2003 08/08/2003 S X 
Section VI – CRA examinations scheduled for Quarter of

Institution Location

None 
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, August 9, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Peoples Bank, Lorenzo, TX, to establish a branch at 416

Harrison Avenue, Lorenzo, Texas 79343*

Newspaper – 08/15/2003

Branch Sanger Bank, Sanger, Texas, to establish a branch at1300 

Highway 59 North, Bowie, Texas 76230*

Newspaper – 08/22/2003

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(3) North American Bancshares, Inc., Sherman, TX, to acquire

Pioneer Bankshares, Inc., Fredericksburg, TX, Pioneer II 

Bankshares, Inc., Fredericksburg, TX, and Pioneer National 

Bank, Fredericksburg, TX* (previously reported the week 

ending August 2, 2003)

Fed Reg – 09/04/2003

Newspaper – 09/01/2003

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 12 

Federal Reserve Bank of San Francisco 

Applications and notifications filed during the week ending Saturday, August 9, 2003 

Section I – Applications subject to newspaper notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

Ending date of 

comment period

4(c)(8) First National Bank Holding Company, Scottsdale, Arizona, to 

acquire 100 percent of Access Anytime BanCorp, Inc., 

Albuquerque, New Mexico, and thereby indirectly acquire 

FirstBank FSB, Clovis, New Mexico, and thereby operate a 

savings association. * 

Newspaper - 08/29/2003 

Fed Reg - 08/29/2003 

CIC Notice by Robert Lee McKean, North Plains, Oregon, to 

increase his ownership in Albina Community Bancorp, Portland, 

Oregon. * 

Newspaper - 08/21/2003 

Fed Reg - 07/17/2003 

3(a)(1) Rainier Pacific Financial Group, Inc., Fife, Washington, to 

become a bank holding company by acquiring 100 percent of 

Rainier Pacific Savings Bank, Fife, Washington. * 

Newspaper - 09/03/2003 

Fed Reg - 09/04/2003 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

None 
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding 

S = Satisfactory 

NI = Needs to improve 

SN = Substantial noncompliance 

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

RSSD Exam type

number Institution/Location

Examination 

date

CRA 

public date

CRA 

rating LrgBk SmBk 

1471577 Sun Country Bank 

13792 Bear Valley Road 

Victorville, California 92392 

(760) 240-2262 

04/14/2003 08/06/2003 S X 

Section VI – CRA examinations scheduled for 4th Quarter of 2003 

Institution Location

Bank of Ephraim Ephraim, Utah 

Bank of Petaluma Petaluma, California 

Bay Area Bank Redwood City, California 

Bay Bank of Commerce San Leandro, Califiornia 

Central California Bank Sonora, California 

Coast Commercial Bank Santa Cruz, California 

Mid-Peninsula Bank Palo Alto, California 

Peninsula Bank of Commerce Millbrae, California 

Silicon Valley Bank Santa Clara, California 

Vintage Bank Napa, California