Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 44 

Week Ending November 3, 2001 

Board of Governors of the Federal Reserve System, Washington, DC 20551 
H.2 Board Actions October 28, 2001 to November 3, 2001 

Testimony And Statements 

Credit card industry's treatment of customers -- statement by Dolores Smith, Director of 

the Division of Consumer and Community Affairs, before the Subcommittee on Financial 

Institutions and Consumer Credit of the House Committee on Financial Services. 

- Published, November 1, 2001 

Bank Mergers 

McIlroy Bank & Trust, Fayetteville, Arkansas -- to merge with Central Bank and Trust, 

Little Rock; The Farmers & Merchants Bank, Prairie Grove; and Springdale Bank & 

Trust, Springdale. 

- Approved, October 30, 2001 

Reserve Bank Services 

Federal Reserve priced services -- private sector adjustment factor for 2002. 

- Approved, October 31, 2001 

Federal Reserve priced services -- fee schedule for 2002. 

- Approved, October 31, 2001 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority October 28, 2001 to November 3, 2001 

BS&R 

C&CA 

FOMC 

Banking Supervision and Regulation 

Consumer and Community Affairs 

Federal Open Market Committee 

RBOPS 

IF 

OSDM 

Reserve Bank Operations and Payment Systems

International Finance

Office of Staff Director for Management

Bank Branches, Domestic 

Chicago 

Alpha Community Bank, Toluca, Illinois -- to establish a mobile branch to serve 

Bartonville, Bayview Gardens, East Peoria, Peoria Heights, and Spring Bay. 

- Returned, October 25, 2001 (AC) 

Secretary 

AmSouth Bank, Birmingham, Alabama -- to establish a branch at 400 Poydras Street, 

New Orleans, Louisiana. 

- Approved, October 31, 2001 

Atlanta 

First Community Bank, Debary, Florida -- to establish a branch at 113 Chipola Avenue, 

Deland. 

- Approved, October 31, 2001 

Richmond 

James Monroe Bank, Arlington, Virginia -- to establish a branch at 10509 Judicial Drive, 

Fairfax. 

- Approved, October 31, 2001 

Atlanta 

SunTrust Bank, Atlanta, Georgia -- to establish branches in the Safeway store at the 

intersection of Elden Street and Post Drive, Herndon, Virginia; in the Safeway store at 

3713 Lee Highway, Arlington; at 868 Church Street North, Concord, North Carolina; 

and at 19631 West Catawba Avenue, Cornelius. 

- Approved, October 31, 2001 

Chicago 

Tower Bank & Trust Company, Fort Wayne, Indiana -- to establish a branch at 

Lahmeyer and Stellhorn Roads. 

- Approved, October 31, 2001 

(AC) = Addition or Correction Delegated - Page 1 of 8 
H.2 Actions under delegated authority October 28, 2001 to November 3, 2001 

Bank Holding Companies 

Kansas City 

American National Corporation, Omaha, Nebraska -- to acquire Quick Bancorp, 

Council Bluffs, Iowa, and its subsidiary bank, Peoples National Bank. 

- Approved, October 31, 2001 

Richmond 

Boston 

Atlanta 

Atlanta 

Dallas 

Bank of America, N.A., Charlotte, North Carolina -- to increase its investment in its 

Edge corporation subsidiaries. 

- Approved, October 29, 2001 

Berkshire Financial Services, Inc., Lee, Massachusetts -- to acquire Freedom National 

Bank, Greenville, Rhode Island. 

- Approved, October 29, 2001 

Black Diamond Financial Group, Inc., Tampa, Florida -- to become a bank holding 

company through the acquisition of Bank of St. Petersburg, St. Petersburg. 

- Withdrawn, November 2, 2001 

DNB Financial Services, Inc., Douglas, Georgia -- to become a bank holding company 

through the acquisition of Douglas National Bank, a de novo bank. 

- Approved, November 2, 2001 

East Texas Financial Corporation, Kilgore, Texas, and East Texas Delaware Holdings, 

Wilmington, Delaware -- to engage in operating a savings association through the 

acquisition of East Texas Financial Services, Inc., Tyler, Texas, and First Federal Savings 

and Loan Association. 

- Withdrawn, October 30, 2001 

St. Louis 

First Banks, Inc., St. Louis, Missouri -- to acquire Union Financial Group Ltd., Swansea, 

Illinois, and thereby acquire its subsidiary banks, Union Bank of Illinois, Swansea, and 

The State Bank of Jerseyville, Jerseyville. 

- Approved, November 1, 2001 

(AC) = Addition or Correction Delegated - Page 2 of 8 
H.2 Actions under delegated authority October 28, 2001 to November 3, 2001 

Bank Holding Companies 

Chicago 

First Financial Corporation, Terre Haute, Indiana -- to acquire Community Financial 

Corp., Olney, Illinois, and thereby indirectly acquire Community Bank and Trust, N.A. 

- Approved, November 1, 2001 

Chicago 

Great River Financial Group, Inc., Burlington, Iowa -- to acquire Southeast Security 

Bank, Mediapolis. 

- Approved, October 29, 2001 

New York 

Greater Community Bancorp, Totowa, New Jersey -- to acquire additional shares of 1st 

Constitution Bancorp, Cranbury. 

- Approved, November 1, 2001 

St. Louis 

Henderson Bancshares, Inc., Lexington, Tennessee -- to become a bank holding 

company through the acquisition of First State Bank, Henderson. 

- Approved, November 2, 2001 

Atlanta 

Horizon BanCorp, Inc., Decatur, Georgia -- to become a bank holding company through 

the acquisition of Horizon Bank. 

- Approved, November 2, 2001 

St. Louis 

Lauderdale Bancshares, Inc., Halls, Tennessee -- to retain Farmers Crop Insurance 

Company and engage indirectly in the sale of crop insurance in Halls or other towns with 

a population of less than 5,000. 

- Approved, November 1, 2001 

Chicago 

Mitchell Bank Holding Corporation, Milwaukee, Wisconsin -- to continue to engage in 

extending credit and servicing loans. 

- Approved, November 1, 2001 

(AC) = Addition or Correction Delegated - Page 3 of 8 
H.2 Actions under delegated authority October 28, 2001 to November 3, 2001 

Bank Holding Companies 

Chicago 

Piper Holdings, Inc., Covington, Indiana -- to acquire Heritage Bancshares, Inc., 

Darlington, and thereby acquire Heritage Bank & Trust Company. 

- Approved, November 2, 2001 

Atlanta 

Regions Financial Corporation, Birmingham, Alabama -- to merge with First Bancshares 

of Texas, Houston, Texas, and thereby acquire First Bank of Texas, Tomball. 

- Approved, October 31, 2001 

Philadelphia 

Sun Bancorp, Inc., Vineland, New Jersey -- to acquire Delaware City Bank, Delaware 

City, Delaware, and The Delaware City Building and Loan Association. 

- Approved, October 31, 2001 

Bank Mergers 

Atlanta 

SouthTrust Bank, Birmingham, Alabama -- to merge with Bank of Tidewater, Virginia 

Beach, Virginia. 

- Approved, October 29, 2001 

Banks, Foreign 

Director, BS&R 

Caja de Ahorros y Monte de Piedad de Madrid, Madrid, Spain -- to establish an agency 

in Miami, Florida. 

- Approved, October 31, 2001 

Director, BS&R 

Kookmin Bank, Seoul, Korea -- to establish two branches in New York, New York. 

- Approved, October 31, 2001 

Banks, Nonmember, And Miscellaneous Institutions 

Richmond 

Sandy Spring Bank, Olney, Maryland -- to establish Sandy Spring Insurance Corporation 

as a financial subsidiary. 

- Approved, October 31, 2001 

(AC) = Addition or Correction Delegated - Page 4 of 8 
H.2 Actions under delegated authority October 28, 2001 to November 3, 2001 

Banks, State Member 

Secretary 

HSBC Bank USA, Buffalo, New York -- to assume certain liabilities of CIBC National 

Bank, Maitland, Florida, relating to PayDirect, an internet payment system. 

- Approved, October 31, 2001 

Change In Bank Control 

Kansas City 

Commerce Bankshares, Inc., Aurora, Colorado -- change in bank control. 

- Withdrawn, November 1, 2001 

San Francisco 

Great Basin Financial Corporation, Elko, Nevada -- change in bank control. 

- Permitted, October 30, 2001 

Competitive Factors Reports 

Richmond 

E*TRADE Bank, Arlington, Virginia -- report on competitive factors of the proposed 

acquisition of certain deposit liabilities of Chase Manhattan Bank, N.A., Newark, 

Delaware. 

- Submitted, October 30, 2001 

Philadelphia 

Earthstar Bank, Southampton, Pennsylvania -- report on competitive factors of the 

proposed purchase of assets and assumption of liabilities of Cornerstone Savings 

Association, Glenside. 

- Submitted, October 29, 2001 

Kansas City 

First National Bank in Coalgate, Coalgate, Oklahoma -- report on competitive factors of 

the proposed merger with Shamrock Bank, N.A., Mountain View. 

- Submitted, November 1, 2001 

Kansas City 

Fremont National Bank and Trust Company, Fremont, Nebraska -- report on 

competitive factors of the proposed merger with Nebraska Trust Company, N.A. 

- Submitted, October 30, 2001 

(AC) = Addition or Correction Delegated - Page 5 of 8 
H.2 Actions under delegated authority October 28, 2001 to November 3, 2001 

Competitive Factors Reports 

Chicago 

Lincoln State Bank, S.B., Rochelle, Illinois -- report on competitive factors of the 

proposed merger with First Interim Savings Bank of Rochelle. 

- Submitted, November 1, 2001 

Kansas City 

Lyon County State Bank, Emporia, Kansas -- report on competitive factors of the 

proposed merger with the Emporia branch of NorthStar Bank, National Association, 

Kansas City, Missouri. 

- Submitted, October 29, 2001 

Kansas City 

Boston 

NorthStar Bank, National Association, Kansas City, Missouri -- report on competitive 

factors of the proposed merger with Admire Bank, Emporia, Kansas. 

- Submitted, October 29, 2001 

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

factors of the proposed merger with BankNorth Investment Management Group, 

National Association, Burlington, Vermont; The Howard Bank, National Association; 

First Vermont Bank, National Association, Brattleboro; and Franklin-Lamoille Bank, 

National Association, St. Albans; Bank of New Hampshire, National Association, 

Farmington, New Hampshire; Evergreen Bank, National Association, Glen Falls, New 

York; and First Massachusetts Bank, National Association, Worcester, Massachusetts. 

- Submitted, October 24, 2001 (AC) 

Chicago 

Peoples State Bank, Manito, Illinois -- report on competitive factors of the proposed 

merger with PSB Interim Bank. 

- Submitted, November 2, 2001 

Kansas City 

Western National Bank of Colorado, Colorado Springs, Colorado -- report on 

competitive factors of the proposed merger with Bank of Cherry Creek, N.A., Denver. 

- Submitted, November 2, 2001 

(AC) = Addition or Correction Delegated - Page 6 of 8 
H.2 Actions under delegated authority October 28, 2001 to November 3, 2001 

Competitive Factors Reports 

Boston 

Williamstown Mutual Holding Company, Williamstown, Massachusetts, a de novo 

holding company -- report on competitive factors of the proposed acquisition of 

Williamstown Savings Bank. 

- Submitted, October 22, 2001 (AC) 

Extensions Of Time 

Richmond 

First Union National Bank, Charlotte, North Carolina -- extension to December 31, 

2002, to contribute shares of First Fidelity International Bank to First Union Commercial 

Corporation. 

- Approved, October 30, 2001 

Chicago 

Hasten Bancshares, Indianapolis, Indiana -- extension to February 8, 2002, to acquire 

Harrington Financial Group, Inc., Overland Park, Kansas, and thereby acquire 

Harrington Bank, FSB, Richmond, Indiana. 

- Granted, October 29, 2001 

Kansas City 

Pinnacle Bank, Papillion, Nebraska -- extension to May 17, 2002, to establish a branch 

at 27th and Fletcher Streets, Lincoln. 

- Granted, October 30, 2001 

Minneapolis 

West End Financial Corp., Bessemer, Michigan -- extension to February 3, 2002, to 

acquire Gogebic Range Bank. 

- Granted, October 29, 2001 

Financial Holding Companies 

Director, BS&R 

Caja de Ahorros y Monte de Piedad de Madrid, Madrid, Spain -- election to be treated 

as a financial holding company. 

- Effective, October 31, 2001 

(AC) = Addition or Correction Delegated - Page 7 of 8 
H.2 Actions under delegated authority October 28, 2001 to November 3, 2001 

Financial Holding Companies 

Chicago 

Sturgis Bancorp, Inc., Sturgis, Michigan -- election to become a financial holding 

company; and for Sturgis Bancorp, Inc. to become a bank holding company through the 

acquisition of Sturgis Bank & Trust Company. 

- Effective, November 2, 2001 

International Operations 

Chicago 

Shorebank Corporation, Chicago, Illinois -- to establish Shorebank Advisory Services 

Romania, Bucharest, Romania, and thereby engage in providing community development 

investment advisory services. 

- Withdrawn, October 29, 2001 

Membership 

Minneapolis 

First American Bank & Trust, Madison, South Dakota -- to become a member of the 

Federal Reserve System. 

- Approved, November 2, 2001 

St. Louis 

The First National Bank of Xenia, Xenia, Illinois -- to become a member of the Federal 

Reserve System on conversion to a state charter and to retain its branch at 1400 North 

Main Street, Flora. 

- Approved, October 30, 2001 

(AC) = Addition or Correction Delegated - Page 8 of 8 
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, November 3, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, November 3, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Representative 

Office 

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

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

Newspaper – N/Avail 

Representative 

Office 

Hamburgische Landesbank-Girozentrale, Hamburg, Germany, to 

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

Newspaper – N/Avail 

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

into a branch.* 

Newspaper – N/Avail 

Branch HSBC Bank USA, Buffalo, New York, to open and occupy a 

branch office at the Pacific Renaissance Plaza, 388 9th Street, 

Oakland, California.* 

Newspaper – 11/09/2001 

* 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, November 3, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, November 3, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

3(a)(3) Received application from Employee Stock Ownership Plan, Newspaper – 12/01/2001 

Wilmington, OH on 11/02/2001 to acquire up to 21.2% of the 

outstanding voting shares of NB&T Financial Group, Inc., 

Wilmington, OH. 

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 

Waiver Received request from Fidelity Bancorp, Inc., Pittsburgh, PA on 

11/01/2001 to waive filing an application filed pursuant to 

Section 3 of the BankHolding Company Act with respect to its 

acquisition of Carnegie Financial Corporation, Carnegie, PA 

through a direct merger of Fidelity Savings Bank with and into 

Carnegie Savings Bank, FSB. 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, November 3, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch The Annapolis Banking & Trust Company, Annapolis, 

Maryland, to provide an in-house courier service to pick up 

deposits from business customers at various locations in Anne 

Arundel County, Maryland.* 

Branch Eagle Bank, Bethesda, Maryland, to establish a branch at 9600 

Blackwell Road, Rockville, Maryland.* 

18(c) Potomac Valley Bank, Petersburg, West Virginia, to merge with 

South Branch Valley National Bank, Moorefield, West 

Virginia.* 

Newspaper - 11/14/2001 

Newspaper - 12/01/2001 

Newspaper - 12/07/2001 

*Subject to the provisions of the Community Reinvestment Act. 

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

Ending date of 

Type Application comment period 

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

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

3(a)(5) Capital Bank Corporation, Raleigh, North Carolina, to merge 

with First Community Financial Corporation, Burlington, North 

Carolina.* 

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

become a bank holding company through the acquisition of 

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

West Virginia.* 

Fed Reg - 11/08/2001 

Fed Reg - 11/19/2001 

Newspaper - 11/21/2001 

Fed Reg - 11/27/2001 

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 

698229 *Prosperity Bank & Trust Company 

5803 Rolling Road 

Springfield, Virginia 22152-1056 

08/20/2001 10/24/2001 S X

920975 *First Sentinel Bank 

315 Railroad Avenue 

Richlands, Virginia 24641-2448 

08/20/2001 10/25/2001 S X

*Inadvertently omitted from bulletin for week ending October 27, 2001. 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, November 3, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) Florida Keys Bank, Naples, Florida (formerly known as the First N/Avail* 

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

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

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

Florida. 

*Subject to provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

3(a)(1) Riverside Central Florida Banking Company, Winter Park, 12/03/2001* 

Florida, to become a bank holding company by acquiring 

Riverside Bank of Central Florida, Winter Park, Florida 

(in organization). 

*Subject to provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

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

Type Application 

Member Florida Keys Bank, Naples, Florida (formerly known as the First 

National Bank of the Florida Keys), to become a member of the 

Federal Reserve System. 

Member Riverside Bank of Central Florida, Winter Park, Florida 

(in organization), to become a member of the Federal Reserve 

System. 

Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

543637 Equitable Bank 06/04/2001 09/13/2001 S X 

633 South Federal Highway 

Fort Lauderdale, Florida 33301 

(305) 705-0563 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, November 3, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

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

approval to merge with Central Trust & Savings Bank, 

Cherokee, Iowa and thereby to establish branch offices at: 401 

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

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

Iowa.* 

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

with Iowa State Bank, Orange City, Iowa and thereby to 

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

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

105 Albany Ave., Orange City, Iowa, and 308 Main, Ireton, 

Iowa.* 

Newspaper – N/Avail 

Newspaper – N/Avail 

* Subject to the provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

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

Alliance Financial Corp., New Buffalo, Michigan. 

Fed Reg – 11/14/2001 

Newspaper – N/Avail 

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

to become a bank holding company through the acquisition of 

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

Naperville, Illinois.* 

Fed Reg – 10/22/2001 

Newspaper – N/Avail 

3(a)(5) Associated Banc-Corp., Green Bay, Wisconsin, for prior 

approval to acquire 100 percent of the voting shares of Signal 

Financial Corporation, Mendota Heights, Minnesota and thereby 

indirectly acquire Signal Bank National Association, Eagan, 

Minnesota and Signal Bank South National Association, Red 

Wing, Minnesota.* 

Fed Reg – 10/29/2001 

Newspaper – 10/19/2001 

3(a)(5) Dunlap Iowa Holding Co., Dunlap, Iowa, for prior approval to 

acquire 100 percent of the voting shares of EWN Investments, 

Inc., Ute, Iowa and thereby indirectly acquire Ute State Bank, 

Ute, Iowa.* 

Fed Reg – 11/02/2001 

Newspaper – 10/27/2001 

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

Ending date of 

Type Application comment period 

3(a)(3) Herky Hawk Financial Corp., Monticello, Iowa, for prior 

approval to acquire 100 percent of the voting shares of New 

Vienna Savings Bank, New Vienna, Iowa and Casey State Bank, 

Casey, Illinois and to acquire 100 percent of the voting shares 

of Biggsville Financial Corporation, Biggsville, Illinois and 

thereby indirectly acquire First State Bank of Biggsville, 

Biggsville, Illinois.* 

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

become a bank holding company through the acquisition of 100 

percent of the voting shares of Home Federal Savings Bank, 

Seymour, Indiana.* 

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

approval to acquire 100 percent of Fairbank Bancshares Corp., 

Fairbank, Iowa and thereby indirectly acquire Fairbank State 

Bank, Fairbank, Iowa.* 

3(a)(1) Manito Bank Services, Inc., Manito, Illinois, for prior approval 

to become a bank holding company through the acquisition of 

100 percent of the voting shares of Peoples State Bank, Manito, 

Illinois.* 

CC Notification by the Abdula Family Limited Partnership and 

other notificants, of a Change in Control to retain 11.30 percent 

ownership in Northern States Financial Corporation, Waukegan, 

Illinois, and to increase ownership to 11.83 percent as a result of 

a stock redemption by the holding company. 

3(a)(1) Premier Holdings, Ltd., Rock Valley, Iowa, for prior approval to 

become a bank holding company through the acquisition of 100 

percent of the voting shares of Premier Bank, Rock Valley, 

Iowa.* 

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

approval to become a bank holding company through the 

acquisition of 100 percent of the voting shares of Bank of 

Waunakee Employee Stock Ownership Plan, Waunakee, 

Wisconsin and Waunakee Bank Shares, Inc., Waunakee, 

Wisconsin and thereby indirectly acquire Bank of Waunakee, 

Waunakee, Wisconsin.* 

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

Change in Control to retain 23.61 percent of Shannon Bancorp, 

Inc., Shannon, Illinois. 

Fed Reg – 10/29/2001 

Newspaper – 11/02/2001 

Fed Reg – 11/13/2001 

Newspaper – 11/09/2001 

Fed Reg – 11/28/2001 

Newspaper – N/Avail 

Fed Reg – 11/02/2001 

Newspaper – 10/27/2001 

Fed Reg – 11/01/2001 

Newspaper – 10/29/2001 

Fed Reg – 11/26/2001 

Newspaper – N/Avail 

Fed Reg – 11/26/2001 

Newspaper – N/Avail 

Fed Reg – 11/19/2001 

Newspaper – 11/14/2001 

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

Ending date of 

Type Application comment period 

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

approval to acquire 100 percent of the voting shares of Signal 

Finance Company, Mendota Heights, Illinois and thereby to 

engage in extending credit and servicing loans and selling credit 

life and accident and health insurance in conjunction with 

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

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

to engage in trust company functions. 

Fed Reg – 11/07/2001 

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

approval to acquire 100 percent of the voting shares of CB 

Wealth Management, National Association, Flint, Michigan. 

Fed Reg – N/Avail 

4(c)(8) Mitchell Bank Holding Company, Milwaukee, Wisconsin, 

notification of intent to continue to engage in extending credit 

and servicing loans. 

Fed Reg – 10/29/2001 

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

Type Application 

None 

Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

633640 Hendricks County Bank & Trust 

1 E. Main Street 

Brownsburg, Indiana 46112-1213 

(317) 852-2268 

932745 First Community Bank 

200 E. Main Street 

Harbor Springs, Michigan 49740 

(231) 526-2114 

7/23/2001 10/29/2001 S X 

7/09/2001 10/30/2001 S X 

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, November 3, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) Notice by First Community Bank, Xenia-Flora, Xenia, Illinois, Newspaper – 12/2/2001 

(Previously named The First National Bank of Xenia) to merge 

with First Community Interim Bank, Xenia, Illinois. 

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

Ending date of 

Type Application comment period 

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

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

Memphis, Tennessee.* 

Newspaper – N/Avail. 

Fed Reg – 11/30/2001 

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

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

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

Newspaper – 11/14/2001 

Fed Reg – 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 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, November 3, 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) H2H Bancshares, Inc., Hosmer, South Dakota, proposes to 

acquire 100% of the voting shares of Farmers State Bank, 

Hosmer, South Dakota.* 

Fed. Reg. – 11/23/2001 

Newspaper – 11/23/2001 

3(a)(3) Dakota Bancshares, Inc., Mendota Heights, Minnesota, proposes 

to acquire 100% of the voting shares of The Midway National 

Bank of St. Paul, St. Paul, Minnesota.* 

Fed. Reg. – 11/15/2001 

Newspaper –11/14/2001 

3(a)(5) Mesaba Bancshares, Inc., Grand Rapids, Minnesota, proposes to 

acquire Bovey Financial Corporation, Bovey, Minnesota.* 

Fed. Reg. – 11/23/2001 

Newspaper – 11/28/2001 

*Subject to the provisions of the Community Reinvestment Act. 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

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, November 3, 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 Rae Valley Financials, Inc., Petersburg, Nebraska, for prior 

approval to redeem 300 shares of its voting common stock. 
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 

361354 Grant County Bank 08/06/2001 10/29/2001 S X 

120 S. Main 

Medford, Oklahoma 73759-1531 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, November 3, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) Security Bank, Ralls, TX, to acquire First National Bank West 

Texas, Plainview, TX, and establish two branch offices* 

11/26/2001

Branch Security Bank, Ralls, TX, to establish two branch offices at 3000 

Olton Road, Plainview, TX, 79072, and 701 Main Street, Hale 

Center, TX, 79041* 

11/26/2001

*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)(1) Northwest Bancshares, Inc., Roanoke, TX, to acquire Northwest 

Delaware, Inc., Wilmington, DE, and Northwest Bank, 

Roanoke, TX* (previously reported the week ending October 

27, 2001) 

3(a)(1) Northwest Delaware, Inc., Wilmington, DE, to acquire 

Northwest Bank, Roanoke, TX* (previously reported the week 

ending October 27, 2001) 

3(a)(3) McLaughlin Bancshares, Inc., Ralls, TX, and McLaughlin 

Delaware Bancshares, Inc., Dover, DE, to acquire First Hale 

Center, Inc., Hale Center, TX, and First National Bank West 

Texas, Plainview, TX* 

Fed Reg – 11/27/2001 

Newspaper – 11/30/2001 

Fed Reg – 11/27/2001 

Newspaper – 11/30/2001 

Fed Reg – 11/28/2001 

Newspaper – 11/26/2001 

*Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

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

Type Application 

None 

Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

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, November 3, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Solano Bank, Vacaville, California, to establish a branch office at 

976 A&B Admiral Callaghan Lane, Vallejo, California.* 

Newspaper – 10/23/2001 

Branch First Community Bank of the Desert, Indian Wells, California, to 

establish a branch office at 80111 Avenue 52, La Quenta, 

California.* 

Newspaper – 12/15/2001 

* 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