Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 5 

Week Ending February 2, 2002 

Board of Governors of the Federal Reserve System, Washington, DC 20551
 
H.2 Board Actions January 27, 2002 to February 2, 2002 

Testimony And Statements 

Antiterrorism Initiatives -- statement by Richard Spillenkothen, Director, Division of 

Banking Supervision and Regulation, before the Senate Committee on Banking, 

Housing, and Urban Affairs. 

- Published, January 29, 2002 

Bank Holding Companies 

Wesbanco, Inc., Wheeling, West Virginia -- commenter's request for reconsideration 

of the Board's approval of the applications to acquire American Bancorporation, to 

merge their subsidiary banks, and to establish branches. 

- Denied, February 1, 2002 

Regulations And Policies 

Financial Institutions Examinations -- report to Congress on interagency efforts to 

coordinate examinations as required by section 305 of the Riegle Community 

Development and Regulatory Improvement Act. 

- Approved, January 10, 2002 (AC) 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority January 27, 2002 to February 2, 2002 

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 

Bank Iowa, Altoona, Iowa -- to establish a branch at 215 West Second Street North, 

Newton. 

- Approved, January 30, 2002 

Kansas City 

First United Bank, Englewood, Colorado -- to establish mobile branches at 730 17th 

Street, Denver, and 1310 United Heights, Colorado Springs. 

- Approved, February 1, 2002 

Richmond 

Gateway Bank & Trust Co., Elizabeth City, North Carolina -- to establish a branch at 

3600 North Croatian Highway, Kitty Hawk. 

- Approved, January 30, 2002 

Kansas City 

Gold Bank, Leawood, Kansas -- to establish a branch at 15203 West 119th Street, 

Olathe. 

- Approved, January 30, 2002 

Kansas City 

Security State Bank, Basin, Wyoming -- to establish a branch at 725 Big Horn Avenue, 

Worland. 

- Approved, January 30, 2002 

Secretary 

SunTrust Bank, Atlanta, Georgia -- to establish a branch at 4100 Northview Drive, 

Bowie, Maryland. 

- Approved, January 29, 2002 

(AC) = Addition or Correction Delegated - Page 1 of 7 
H.2 Actions under delegated authority January 27, 2002 to February 2, 2002 

Bank Holding Companies 

Atlanta 

The Banc Corporation, Birmingham, Alabama -- to acquire CF Bancshares, Inc., Port 

St. Joe, Florida, and Citizens Federal Savings Bank of Port St. Joe; and for its subsidiary, 

The Bank, Warrior, Alabama, to merge with Citizens Federal Savings Bank of Port St. 

Joe. 

- Approved, January 31, 2002 

Secretary 

BNP Paribas, Paris, France, and BancWest Corporation, Honolulu, Hawaii -­

commenters' requests for extensions of the comment period on the application to acquire 

United California Bank, Los Angeles, California. 

- Denied, January 30, 2002 

New York 

Discount Bancorp, Inc., New York, New York -- to establish a subsidiary bank in 

Luxembourg. 

- Withdrawn, January 28, 2002 

St. Louis 

First Service Financial Company, Crestwood, Missouri -- to become a bank holding 

company through the acquisition of FirstService Bank. 

- Approved, February 1, 2002 

Kansas City 

New Frontier Bancorp, Greeley, Colorado -- to become a bank holding company 

through the reorganization of New Frontier Bank. 

- Approved, February 1, 2002 

Minneapolis 

Northern Plains Investment, Inc., Jamestown, North Dakota -- to increase its interest in 

North Star Holding Company, Inc. 

- Approved, February 1, 2002 

(AC) = Addition or Correction Delegated - Page 2 of 7 
H.2 Actions under delegated authority January 27, 2002 to February 2, 2002 

Bank Holding Companies 

Chicago 

ULLICO Inc., Washington, D.C. -- to become a bank holding company through the 

acquisition of Amalgamated Investments Company, Chicago, Illinois, and Amalgamated 

Bank of Chicago; and election to become a financial holding company. 

- Withdrawn, December 31, 2001 (AC) 

Bank Mergers 

St. Louis 

Bank of Mulberry, Mulberry, Arkansas -- to merge with Bank of Mansfield, Mansfield, 

and thereby establish a branch. 

- Approved, January 28, 2002 

Cleveland 

The State Bank and Trust Company, Defiance, Ohio -- to acquire certain assets and 

assume certain liabilities of The Oakwood Deposit Bank Company, Oakwood, and 

thereby establish branches. 

- Approved, February 2, 2002 

Competitive Factors Reports 

Atlanta 

BankAtlantic, a Federal Savings Bank, Fort Lauderdale, Florida -- report on competitive 

factors of the proposed merger with Community Savings, F.A., North Palm Beach. 

- Submitted, January 30, 2002 

Richmond 

Branch Banking and Trust Company, Winston-Salem, North Carolina -- report on 

competitive factors of the proposed merger with Community First Bank, Carrollton, 

Georgia. 

- Submitted, January 30, 2002 

Richmond 

Capital Bank, Raleigh, North Carolina -- report on competitive factors of the proposed 

merger with Community Savings Bank, Inc., SSB, Burlington. 

- Submitted, February 1, 2002 

(AC) = Addition or Correction Delegated - Page 3 of 7 
H.2 Actions under delegated authority January 27, 2002 to February 2, 2002 

Competitive Factors Reports 

New York 

Chohung Bank of New York, New York, New York -- report on competitive factors of 

the proposed merger with California Chohung Bank, Los Angeles, California. 

- Submitted, January 30, 2002 

Philadelphia 

College Interim Savings Bank, Princeton, New Jersey -- report on competitive factors of 

the proposed merger with College Savings Bank. 

- Submitted, January 31, 2002 

St. Louis 

First National Bank of Eastern Arkansas, Forrest City, Arkansas -- report on competitive 

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

Marion branches of First State Bank, Parkin. 

- Submitted, January 29, 2002 

Dallas 

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

the proposed acquisition of the Quitman and Mineola branches of Austin Bank, National 

Association, Jacksonville. 

- Submitted, February 1, 2002 

Atlanta 

First State Bank of Bibb County, West Blocton, Alabama -- report on competitive 

factors of the proposed merger with First Federal Savings Bank, Bessemer. 

- Submitted, January 30, 2002 

Richmond 

Madison and Bradford Federal Savings and Loan Association, Inc., Rosedale, 

Maryland -- report on competitive factors of the proposed merger with Bohemian 

American Federal Savings and Loan Association, Inc., Forest Hill. 

- Submitted, January 30, 2002 

Chicago 

MB Financial Bank, N.A., Chicago, Illinois -- report on competitive factors of the 

proposed merger with First National Bank of Lincolnwood, Lincolnwood. 

- Submitted, January 30, 2002 

(AC) = Addition or Correction Delegated - Page 4 of 7 
H.2 Actions under delegated authority January 27, 2002 to February 2, 2002 

Competitive Factors Reports 

Richmond 

Mercantile-Safe Deposit and Trust Company, Baltimore, Maryland -- report on 

competitive factors of the proposed merger with The Sparks State Bank, Sparks. 

- Submitted, January 31, 2002 

San Francisco 

New CCB Bank, Sonora, California -- report on competitive factors of the proposed 

merger with Central California Bank. 

- Submitted, January 31, 2002 

New York 

Oritani Savings Bank, Hackensack, New Jersey -- report on competitive factors of the 

proposed merger with Hamilton Savings Bank, Union City. 

- Submitted, January 28, 2002 

Philadelphia 

Peoples National Interim Bank, Norwich, New York -- report on competitive factors of 

the proposed merger with Peoples National Bank, Hallstead, Pennsylvania. 

- Submitted, January 28, 2002 

Cleveland 

Progressive Bank, N.A., Wheeling, West Virginia -- report on competitive factors of the 

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

Martinsville branch of Wheeling National Bank, St. Clairesville, Ohio. 

- Submitted, January 29, 2002 

Richmond 

Randolph Bank & Trust Company, Asheboro, North Carolina -- report on competitive 

factors of the proposed merger with The Morris Plan Savings Bank, SSB, Burlington. 

- Submitted, January 31, 2002 

Chicago 

Signal Bank National Association, Eagan, Minnesota -- report on competitive factors of 

the proposed merger with Associated Bank Minnesota, Minneapolis, and Signal Bank 

South National Association, Red Wing. 

- Submitted, January 30, 2002 

(AC) = Addition or Correction Delegated - Page 5 of 7 
H.2 Actions under delegated authority January 27, 2002 to February 2, 2002 

Competitive Factors Reports 

Chicago 

Traverse City State Bank, Traverse City, Michigan -- report on competitive factors of the 

proposed merger with TCSB Interim Bank. 

- Submitted, January 30, 2002 

New York 

The Trust Company of New Jersey, Jersey City, New Jersey -- report on competitive 

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

seven supermarket branches in Palisades Park, Wayne, Hackensack, Brick, Bound 

Brook, Nanuet, and Monsey of New York Community Bank, Westbury, New York. 

- Submitted, January 30, 2002 

Richmond 

Wachovia Bank, National Association, Winston-Salem, North Carolina -- report on 

competitive factors of the proposed merger with First Union National Bank, Charlotte. 

- Submitted, January 28, 2002 

Extensions Of Time 

Secretary 

Citibank, N.A., New York, New York -- extensions to January 27, February 25, and 

March 16, 2003, for its subsidiaries, Citibank Overseas Investment Corporation, New 

Castle, Delaware, and Citicorp Finance (Thailand) Limited, Bangkok, Thailand, to divest 

interests in certain properties. 

- Granted, January 31, 2002 

Director, BS&R 

Citigroup Inc., New York, New York -- extension to August 3, 2002, to conform the 

portfolio investments of Banco Nacional de Mexico, S.A., Mexico City, Mexico, to the 

requirements of Regulation K. 

- Granted, February 1, 2002 

Chicago 

East Side Bancorporation, Inc., Chicago, Illinois -- extension to April 20, 2002, to 

purchase loan participations from its subsidiary bank, BankChicago, and thereby engage 

in extending credit and servicing loans. 

- Granted, February 1, 2002 

(AC) = Addition or Correction Delegated - Page 6 of 7 
H.2 Actions under delegated authority January 27, 2002 to February 2, 2002 

Financial Holding Companies 

San Francisco 

Greater Bay Bancorp, Palo Alto, California -- election to become a financial holding 

company. 

- Effective, February 1, 2002 

Dallas 

Texas Heritage Bancshares, Inc., Hondo, Texas, and Texas Heritage Bancshares of 

Delaware, Inc., Wilmington, Delaware -- election to become financial holding companies. 

- Effective, January 31, 2002 

International Operations 

Richmond 

Bank of America, N.A., Charlotte, North Carolina -- to expand foreign equity 

underwriting authority through certain foreign subsidiaries. 

- Approved, February 1, 2002 

Regulations And Policies 

FOMC
 

Federal Open Market Committee -- minutes of the meeting on December 11, 2001. 

- Published, January 31, 2002 

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

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, February 2, 2002 

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, February 2, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch HSBC Bank USA, Buffalo, New York, to establish branches in 

Portland, Oregon and Seattle, Washington (formerly held by 

HSBC Bank Canada, Vancouver, Canada).* 

Newspaper – 02/06/2002 

Branch Peapack-Gladstone Bank, Gladstone, New Jersey to establish a 

branch office at 58 Mountain Blvd, in Warren, New Jersey.* 

Newspaper – 02/02/2002 

Branch Artesa Banking Corporation S.A., Brussels, Belgium, to 

establish a state-licensed branch in New York, New York. * 

Newspaper – 02/06/02 

* 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)(a) EuroBancshares, Inc., Hato Rey, Puerto Rico, to acquire 100 

percent of the issued and outstanding shares of the common 

stock of Eurobank, Hato Rey, Puerto Rico. 

3(a)(1)/3(a)(3) Chinatrust Commercial Bank, Ltd., Taipei, China, to acquire 

indirectly 100% of the voting shares of Chinatrust Commercial 

Bank, Ltd., Taipei, Taiwan, and thereby become a bank holding 

company through the indirect ownership of Chinatrust Bank, 

Torrance, California.* 

4(c)(8) R&G Financial Corporation, San Juan, Puerto Rico, to acquire 

The Crown Group, Inc., a savings and loan bank holding 

company, and indirectly acquire control of its thrift subsidiary, 

Crown Bank, a federal savings bank, both of Casselberry, 

Florida.* 

3(a)(5) 3(a)(3) 18c United National Bancorp, Bridgewater, New Jersey, to acquire 

Vista Bancorp, Inc., and Vista Bank, N.A. both of Phillipsburg, 

New Jersey. 

Newspaper – 03/01/2002 

Fed Reg – 03/01/2002 

Newspaper – 02/11/2002 

Fed Reg – 02/11/2002 

Newspaper – 02/15/2002 

Fed Reg – N/Avail 

Newspaper – N/A Fed 

Reg – N/A 

* 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 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, February 2, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Community Bank and Trust Company, Clarks Summit, PA, to 02/13/2002 

establish a branch office located at the corner of Seventh Avenue 

& Lackawanna Avenue, Scranton, PA. 

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, February 2, 2002 

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 

581116 The Custar State Bank 11/19/2001 01/30/2002 S X 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, February 2, 2002 

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) CNB Bancorp, Inc., Windsor, Virginia, to become a bank 

holding company through the acquisition of 100% of the 

voting shares of Citizens National Bank (in organization), 

Windsor, Virginia.* 

Fed Reg - 03/01/2002 

Newspaper - 03/06/2002 

CIC C. Edward Floyd to increase his ownership to 14.83% in 

Sun BankShares, Murrells Inlet, South Carolina.* 

Fed Reg - N/Avail 

Newspaper - N/Avail 

*Subject to the provisions of the Community Reinvestment Act. 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Second Quarter of 2002 

Institution Location 

Bank of Eastern Shore

Southern Community Bank and Trust

Pamplico Bank & Trust Company

Union Bank and Trust Company

Second Bank & Trust

Virginia Community Bank

Metro-County Bank of Virginia, Inc.

The Freedom Bank of Virginia

Resource Bank

Northern Neck State Bank

The Marathon Bank

The Bank of Romney

Cambridge, Maryland

Winston-Salem, North Carolina

Pamplico, South Carolina

Bowling Green, Virginia

Culpeper, Virginia

Louisa, Virginia

Mechanicsville, Virginia

Vienna, Virginia

Virginia Beach, Virginia

Warsaw, Virginia

Winchester, Virginia

Romney, West Virginia

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 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, February 2, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

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

located at 260-1st Avenue South, St. Petersburg, Florida, to be 

known as the St. Petersburg, Remote Drive-Thru. 

02/14/2002*

Branch The Park Avenue Bank, Valdosta, Georgia, to establish a branch 

located at 4058 Continental Drive, Oakwood, Georgia. 

02/07/2002*

Branch The Bank of Nashville, Nashville, Tennessee, to establish a 

branch located at 3169 Lebanon Pike, Nashville, Tennessee. 

02/07/2002*

*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)(5) Regions Financial Corporation, Birmingham, Alabama, to merge Fed Reg – 03/04/2002* 

with Brookhollow Bancshares, Inc., and thereby acquire 

Brookhollow National Bank, both of Dallas, Texas. 

*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 

Membership Rivoli Bank & Trust, Macon, Georgia, 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 

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, February 2, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Byron Center State Bank, Byron Center, Michigan, for prior 

approval to establish branches at 1963 Baldwin, Jenison, 

Michigan and 1146 Superior Street, Wayland, Michigan.* 

Branch Farmers & Merchants Savings Bank, Manchester, Iowa, for 

prior approval to establish a branch office at 200 1st Street, 

S.W., Cedar Rapids, Iowa.* 

18(c) & Branches Johnson Bank, Racine, Wisconsin, for prior approval to merge 

with Johnson Bank Hayward, Hayward, Wisconsin and thereby 

to establish branches at Hwy 63 North, Hayward, Wisconsin, 

209 Dakota South, Hayward, Wisconsin, 340 S. Main Street, 

Rice Lake, Wisconsin and 329 S. River Street, Spooner, 

Wisconsin.* 

18(c) & Branches Town & Country Bank of Springfield, Springfield, Illinois, for 

prior approval to merge with Bank of Palmyra, Palmyra, Illinois 

and thereby to establish a branch at 322 N. Main Street, 

Palmyra, Illinois.* 

Branch Valley Ridge Bank, Kent City, Michigan, for prior approval to 

establish a branch at 1423 W. Main Street, Fremont, Michigan.* 

Newspaper – 02/04/2002 

Newspaper – 01/31/2002 

Newspaper – N/Avail 

Newspaper – N/Avail 

Newspaper – 01/31/2002 

* 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)(3 Central Bancshares, Inc., Muscatine, Iowa, for prior approval to 

acquire 100 percent of the voting shares of Marquette Bank 

Illinois, Galesburg, Illinois.* 

Fed Reg – 02/08/2002 

Newspaper – 02/04/2002 

3(a)(5) First Merchants Corporation, Muncie, Indiana, for prior 

approval to acquire 100 percent of the voting shares of Lafayette 

Bancorporation, Lafayette, Indiana and thereby indirectly 

acquire Lafayette Bank and Trust Company, Lafayette, Indiana.* 

Fed Reg – 02/11/2002 

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

Ending date of 

Type Application comment period 

3(a)(3) Grant County State Bancshares, Inc. Employees Stock 

Ownership Plan, Swayzee, Indiana, for prior approval to acquire 

additional shares to increase control from 31.99 percent to 33.28 

percent of the voting shares of Grant County State Bancshares, 

Inc., Swayzee, Indiana and thereby indirectly acquire Grant 

County State Bank, Swayzee, Indiana.* 

3(a)(3) Illini Corporation, Springfield, Illinois, for prior approval to 

acquire 100 percent of the voting shares of Illinois Community 

Bancorp, Inc., Effingham, Illinois and thereby indirectly acquire 

Illinois Community Bank, Effingham, Illinois.* 

3(a)(5) Marshall & Ilsley Corporation, Milwaukee, Wisconsin, for prior 

approval to acquire 100 percent of the voting shares of Century 

Bancshares, Inc., Eden Prairie, Minnesota and thereby indirectly 

acquire Century Bank, National Association, Eden Prairie, 

Minnesota.* 

3(a)(1) & 4(c)(8) Savanna-Thomson Investment, Inc., Fulton, Illinois, for prior 

approval to become a bank holding company through the 

acquisition of 100 percent of the voting shares of Thomson 

Investment Company, Inc., Thomson, Illinois and thereby 

indirectly acquire Savanna State Bank, Savanna, Illinois and 

Thomson State Bank, Thomson, Illinois and thereby to engage 

in the activity of making and servicing loans through the 

establishment of Thomson LLC, Fulton,Illinois.* 

Notification by John T. Dancer, of a Change in Control to retain 

32.67 percent of Stockbridge Bancorporation, Inc., Stockbridge, 

Michigan. 

Fed Reg – 02/25/2002 

Newspaper – 02/18/2002 

Fed Reg – 02/04/2002 

Newspaper – 02/07/2002 

Fed Reg – 02/04/2002 

Newspaper – 01/27/2002 

Fed Reg – N/Avail 

Newspaper – N/Avail 

Fed Reg – 02/15/2002 

Newspaper – 02/09/2002 

* 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 

4(c)(8) National Bancshares, Inc., Bettendorf, Iowa, for prior approval 

to engage in the permissible nonbanking activity of community 

development. 

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

Type Application 

Membership Pacific Global Bank, Chicago, Illinois, for prior approval to 

become a member of the Federal Reserve System. 

3(a)(1) Notice PGB Holdings, Inc., Chicago, Illinois, for prior approval to 

become a bank holding company through the acquisition of 100 

percent of the voting shares of Pacific Global Bank, Chicago, 

Illinois. 

Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

624246 Fort Madison Bank & Trust Co. 09/17/2001 01/30/2002 S X 

636 Avenue G 

Fort Madison, Iowa 52627 

(319) 372-5164 

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, February 2, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Arvest Bank, Rogers, Arkansas , to establish a branch office at Newspaper – 2/25/2002 

700 West New Hope Road, Rogers Arkansas.* 

* 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 

4(c)(8) and U.S. 

Organizations 

Overseas 

Investments 

Concord EFS, Inc., Memphis, Tennessee, to acquire 100 percent 

of Logix Companies, LLC, Longmont, Colorado, and thereby 

engage in check verification and data processing activities 

domestically. Also, Concord EFS, Inc., Memphis, Tennessee, to 

indirectly acquire Logix Companies’ 25 percent ownership 

interest in TNS Smart Network, Inc., Etobicoke, Ontario, and 

thereby engage in certain automated teller machine processing 

activities abroad, pursuant to Section 211.9(a)(5) and (g) of 

Regulation K. (Previously submitted during the week ending 

January 5, 2002, but without overseas investment component.) 

Fed Reg – 1/29/2002 

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, February 2, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

CIC Notice by Mildred M. Hansen Trust and Mildred M. Hansen 

individually and as trustee of the Mildred M. Hansen Trust, to 

gain control of Currie Bancorporation, Inc., Currie, Minnesota. 

Fed Reg – 02/11/2002 

Newspaper – N/Avail. 

3(a)(3) Border Bancshares, Inc., Greenbush, MN, for prior approval to 

acquire 80% of the voting shares of Northern Plains Bancshares, 

Inc., Thief River Falls, Minnesota.* 

Fed Reg – 02/28/2002 

Newspaper – 02/28/2002 

*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, February 2, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

CIC Forest Levan Kelly as general partner of LBK Holdings, L.P., Newspaper – N/Available 

Bristow, Oklahoma, and as trustee of the Allison Asbury Kelly Fed Reg – 02/22/2002 

Children’s Trust, the Dorcas B. Kelly Trust and the Kelly 

Family Foundation, all of Bristow, Oklahoma; to retain voting 

shares of Spirit BankCorp, Inc., Bristow, Oklahoma, parent of 

Spirit Bank, Tulsa, Oklahoma. 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4(c)(8) Wausa Banshares, Inc., Wausa, Nebraska, for prior approval to Fed Reg – 02/22/2002 

acquire 100 percent of the voting shares of Anderson Insurance 

Service, Bloomfield, Nebraska; and thereby engage in general 

insurance activities. 

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

Type Application 

Member Butte State Bank, Butte, Nebraska, for prior approval to become 

a member of the Federal Reserve System. 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

733951 Citizens State Bank & Trust 11/05/2001 01/31/2002 S X 

Company 

203 N. Douglas 

Ellsworth, Kansas 67439-3215 

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, February 2, 2002 

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 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, February 2, 2002 

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 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, February 2, 2002 

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) Landmark Bancorp, Anaheim, California, to become a bank Fed Reg – 2/26/2002 

holding company by acquiring up to 100 percent of Greater Newspaper – 2/24/2002 

Pacific Bancshares and its wholly-owned subsidiary, Bank of 

Whittier, both of Whittier, California.* 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

Membership Six Rivers Bank, Eureka, California, to become a member of the 

Federal Reserve System. 

Membership Bank of Hawaii, Honolulu, Hawaii, to become a member of the 

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

Type Application 

Waiver Eggemeyer Advisory Corp., WJR Corp., Castle Creek Capital 

LLC, Castle Creek Capital Partners Fund I, LP, Castle Creek 

Capital Partners Fund IIa, LP, Castle Creek Capital Partners 

Fund IIb, LP, and First Community Bancorp, all of Rancho 

Santa Fe, California, requests waiver of any Bank Holding 

Company Act application requirement in connection with the 

proposed merger of Capital Bank of North County, Carlsbad, 

California, with and into Rancho Santa Fe National Bank, 

Rancho Santa Fe, California. 

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