Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 28 

Week Ending July 13, 2002 

Board of Governors of the Federal Reserve System, Washington, DC 20551 
H.2 Board Actions July 7, 2002 to July 13, 2002 

Testimony And Statements 

Monetary Policy -- report to Congress. 

- Authorized, July 10, 2002 

Monetary Policy Objectives -- statement by Chairman Greenspan before the Senate 

Committee on Banking, Housing, and Urban Affairs, July 16, and the House Committee 

on Financial Services, July 17, 2002. 

- Authorized, July 12, 2002 

Forms 

Forms -- to extend, without revision, the Recordkeeping and Disclosure Requirements of 

Regulation M (Consumer Leasing), Recordkeeping and Disclosure Requirements of 

Regulation DD (Truth in Savings), and Ongoing Intermittent Survey of Households (FR 

3016). 

- Approved, July 8, 2002 

Enforcement 

First American Bancorp, Inc., Stonewall, Oklahoma, and First American Bank -- written 

agreement, dated June 19, 2002, with the Federal Reserve Bank of Kansas City and the 

Oklahoma State Banking Department. 

- Announced, July 8, 2002 

Great Eastern Bank, Flushing, New York -- orders of restitution, dated June 26, 2002, 

against William Chiang, Paul Lee, Joseph C.C. Kuo, Lih Yuh Kuo, and Ching-Tseh Yao, 

former directors. 

- Announced, July 8, 2002 

Rurban Financial Corp., Defiance, Ohio, and The State Bank and Trust Company --

written agreement, dated July 5, 2002, with the Federal Reserve Bank of Cleveland and 

the Ohio Division of Financial Institutions. 

- Announced, July 10, 2002 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority July 7, 2002 to July 13, 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 

St. Louis 

Arvest Bank, Fayetteville, Arkansas -- to retain the branch at 1501 West Edmond Road, 

Edmond, Oklahoma. 

- Approved, July 12, 2002 

Atlanta 

AuburnBank, Auburn, Alabama -- to establish a branch in the Super Wal-Mart at 2900 

Pepperell Parkway, Opelika. 

- Approved, July 8, 2002 

Kansas City 

Bank of Blue Valley, Overland Park, Kansas -- to establish branches at 13351 and 

13401 Mission Road, Leawood. 

- Approved, July 9, 2002 

Chicago 

Elkhart Community Bank, Elkhart, Indiana -- to expand its mobile branch to operate 

within a 15-mile radius of the head office. 

- Approved, July 8, 2002 

San Francisco 

Hanmi Bank, Los Angeles, California -- to establish a branch at 2370 Crenshaw 

Boulevard, Suite I/H, Torrance. 

- Approved, July 8, 2002 

New York 

JPMorgan Chase Bank, New York, New York -- to establish a branch at 3 Times 

Square. 

- Approved, July 12, 2002 

San Francisco 

Oak Valley Community Bank, Oakdale, California -- to establish a branch at 4120 Dale 

Road, Modesto. 

- Approved, July 9, 2002 

(AC) = Addition or Correction Delegated - Page 1 of 5 
H.2 Actions under delegated authority July 7, 2002 to July 13, 2002 

Bank Branches, Domestic 

Secretary 

RBC Centura Bank, Rocky Mount, North Carolina -- to establish a branch at 38-A 

Black Gum Road, Pawleys Island, South Carolina. 

- Approved, July 12, 2002 

Atlanta 

Riverside Bank of the Gulf Coast, Cape Coral, Florida -- to establish branches at 1099 

North Tamiami Trail, Nokomis, and 9820 Stringfellow Road, Pine Island. 

- Approved, July 11, 2002 

Bank Holding Companies 

Kansas City 

Avoca Company, Avoca, Nebraska -- relief from a commitment in connection with the 

acquisition of First State Bank of Nebraska, Nebraska City. 

- Granted, July 9, 2002 

Kansas City 

Countryside Square Bancshares, Inc., Meriden, Kansas -- to become a bank holding 

company through the acquisition of Countryside Bank, and election to become a financial 

holding company. 

- Approved, July 9, 2002 

Director, BS&R 

Legends Financial Holdings, Inc., Clarksville, Tennessee -- transfer agent registration. 

- Approved, July 12, 2002 

Chicago 

Metropolitan Bank Group, Inc., Chicago, Illinois -- to retain ownership of Upbancorp, 

Inc., and thereby indirectly acquire Uptown National Bank of Chicago. 

- Approved, July 8, 2002 

(AC) = Addition or Correction Delegated - Page 2 of 5 
H.2 Actions under delegated authority July 7, 2002 to July 13, 2002 

Bank Holding Companies 

Dallas 

Overton Financial Corporation, Overton, Texas, and Overton Delaware Corporation, 

Dover, Delaware -- to acquire Longview Financial Corporation, Longview, Texas; 

Longview Delaware Corporation, Dover, Delaware; Longview Bank and Trust, 

Longview, Texas; and First State Bank, Van. 

- Approved, July 3, 2002 (AC) 

Chicago 

PdS Bancorp, Inc., Prairie du Sac, Wisconsin -- to become a bank holding company 

through the acquisition of Bank of Prairie du Sac. 

- Approved, July 12, 2002 

St. Louis 

Security Bancorp of Tennessee, Inc., Halls, Tennessee -- to acquire shares of Patriot 

Bank, Millington, a de novo bank. 

- Approved, July 10, 2002 

Atlanta 

Southern Community Bancorp, Inc., Orlando, Florida -- to acquire Southern Community 

Bank of South Florida, Boca Raton, a de novo bank. 

- Approved, July 9, 2002 

Banks, State Member 

San Francisco 

Bank of Hawaii, Honolulu, Hawaii -- to make a community development investment 

through the Office of Samoan Affairs of California, Inc., Carson, California. 

- Approved, July 10, 2002 

Change In Bank Control 

Minneapolis 

The Eastbank Corporation, Minneapolis, Minnesota -- change in bank control. 

- Permitted, July 10, 2002 

Dallas 

Paris Bancshares, Inc., Paris, Texas -- change in bank control. 

- Permitted, July 11, 2002 

(AC) = Addition or Correction Delegated - Page 3 of 5 
H.2 Actions under delegated authority July 7, 2002 to July 13, 2002 

Change In Bank Control 

Kansas City 

Tampa State Bankshares, Inc., Tampa, Kansas -- change in bank control. 

- Permitted, July 11, 2002 

Competitive Factors Reports 

Dallas 

Bank of Tanglewood, National Association, Houston, Texas, and Bank of Texas, 

National Association, Dallas -- reports on competitive factors of the proposed interim 

mergers with TW Interim Bank, N.A., Houston. 

- Submitted, July 11, 2002 

Richmond 

Citizens South Bank, Gastonia, North Carolina -- report on competitive factors of the 

proposed mergers with Citizens South Banking Corporation; Citizens South Holdings, 

MHC; and Citizens South Interim Savings Bank 1. 

- Submitted, July 10, 2002 

Dallas 

Horizons Bank, Monroe, Louisiana -- report on competitive factors of the proposed 

merger with American Bank, National Association, Ruston. 

- Submitted, July 10, 2002 

St. Louis 

Patriot Bank, Millington, Tennessee, a de novo bank -- report on competitive factors of 

the proposed purchase of assets and assumption of liabilities of the Millington branch of 

Security Bank, Newbern. 

- Submitted, July 10, 2002 

Dallas 

Prosperity Bank, El Campo, Texas -- report on competitive factors of the proposed 

merger with Paradigm Bank Texas, Houston. 

- Submitted, July 9, 2002 

(AC) = Addition or Correction Delegated - Page 4 of 5 
H.2 Actions under delegated authority July 7, 2002 to July 13, 2002 

Extensions Of Time 

Richmond 

Allfirst Financial, Inc., Baltimore, Maryland -- extension to July 15, 2003, to divest an 

impermissible investment. 

- Granted, July 10, 2002 

Secretary 

Citibank, N.A., New York, New York -- extensions to April 1, May 1, and June 1, 

2003, to divest its interests in certain properties. 

- Granted, July 8, 2002 

Atlanta 

Compass Bank, Birmingham, Alabama -- extension to July 12, 2003, to establish a 

branch at the northeast corner of Ray Road and 56th Street, Chandler, Arizona. 

- Granted, July 12, 2002 

Membership 

St. Louis 

Citizens Bank, New Haven, Missouri -- request to waive the six months' notice of 

withdrawal from membership in the Federal Reserve System. 

- Granted, July 9, 2002 

(AC) = Addition or Correction Delegated - Page 5 of 5 
District 1
 

Federal Reserve Bank of Boston
 

Applications and notifications filed during the week ending Saturday, July 13, 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, July 13, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Nordea Bank Finland, Plc, Helsinki, Finland, to establish a Newspaper – N/A 

branch in New York, New York, and to acquire American 

Scandinavian Banking corporation, New York, New York. 

Section II – Applications subject to both newspaper and Federal Registe r notice 

Ending date of 

Type Application comment period 

3A1 KBC Bank N.V., Brussels, Belgium, to become a bank holding Newspaper – N/A 

company, in connection with its purchase of 34% of the capital Fed. Reg. – N/A 

stock of Nova Ljubljanska Banka d.d., Ljubljana, Solvenia. 

* Subject to 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, July 13, 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 4 

Federal Reserve Bank of Cleveland 

Applications and notifications filed during the week ending Saturday, July 13, 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 of Change in Bank Control filed by members of the Romer 

Family (John Romer; Elizabeth Romer; Albert Romer; Rebecca 

Romer; James Romer; and Margery Romer) of their intent to retain 

ownership and control of 54.3 percent of the outstanding voting 

shares of the Ottoville Bank, Ottoville, OH. 

CIC Notice of Change in Bank Control filed by members of the Romer 

Family (John Romer; Elizabeth Romer; Albert Romer; David 

Romer; Karla Klune; Kathryn Hart; Lynn Hemmelgarn; Rebecca 

Moorman; James Romer; Margery Romer, Jacqueline RomerSensky; Jeffrey Romer; Timothy Romer; Nancy Schroeder; and 

Douglas Romer) of their intent to retain ownership and control of 

67.7 percent of the outstanding voting shares of the St. Henry 

Bank, St. Henry, OH. 

Fed Reg – 08/02/2002 

Newspaper – Not Avail. 

Fed Reg – 08/02/2002 

Newspaper – Not Avail. 

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. 

The federal bank regulators use the following four 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, July 13, 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)(3)	 Community First Financial Corporation, Lynchburg, Virginia, to 

acquire 9.3% of the voting securities of Highlands Community 

Bank (in organization), Covington, Virginia.* 

Fed Reg - 08/08/2002 

Newspaper - 07/29/2002 

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

100% of the voting shares of High Street Corporation, Asheville, North Carolina.* 

Fed Reg - 08/08/2002 

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 

722432 Bank of Romney 04/29/2002 07/12/2002 O X 

95 East Main Street 

Romney, West Virginia 26757 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 6
 

Federal Reserve Bank of Atlanta
 

Applications and notifications filed during the week ending Saturday, July 13, 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 2090 Tamiami Trail South, Venice, Florida, to be 

known as the South Venice Branch. 

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

located at 6335 U.S. Highway 19, New Port Richey, Florida, to 

be known as the New Port Richey Branch. 

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

located at 7165 Mariner Boulevard, Spring Hill, Florida, to be 

known as the Mariner Branch. 

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

located at 2569 Viking Drive, Bossier City, Louisiana, to be 

known as the North Bossier Branch. 

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

located at 7849 Cottage Hill Road, Mobile, Alabama, to be 

known as the Schillinger Road Branch. 

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

located at 280 Dogwood Boulevard, Flowood, Mississippi, to be 

known as the Dogwood Festival Branch. 

Branch	 Cavalry Banking, Murfreesboro, Tennessee, to establish a 

branch located at 467 Sam Ridley Parkway West, Smyrna, 

Tennessee. 

Branch	 Riverside Bank of Central Florida, Winter Park, Florida, to 

establish a branch located at 997 West Broadway Street, Oviedo, 

Florida. 

07/23/2002* 

07/23/2002* 

07/23/2002* 

07/23/2002* 

07/23/2002* 

07/25/2002* 

07/23/2002* 

07/18/2002* 

*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) P.C.B. Bancorp, Inc., Largo, Florida, to merge with Gateway N/Avail* 

American Bancshares, Inc., and thereby acquire Gateway 

American Bank of Florida, both of Fort Lauderdale, Florida. 
Section II – Applications subject to both newspaper and Federal Register notice 

Ending date of 

Type Application comment period 

3(a)(1) Morton Bancorp, Inc., to become a bank holding company by N/Avail* 

acquiring Bank of Morton, both of Morton, Mississippi. 

*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	 First Georgia Community Bank, Jackson, Georgia, to become a 

member of the Federal Reserve System. 

COM	 Kensington Bankshares, Inc., Spring Hill, Florida, commitment 

waiver request. 

Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding
 

S = Satisfactory
 

NI = Needs to improve
 

SN = Substantial noncompliance
 

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 7
 

Federal Reserve Bank of Chicago
 

Applications and notifications filed during the week ending Saturday, July 13, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch	 Sand Ridge Bank, Highland, Indiana, to establish a branch Newspaper – 06/18/2002 

facility to be located at the northwest corner of U.S. HWY 231 

and Broadway Avenue, Crown Point, Indiana.* 

* 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) & 4(c)(8)	 Marshall & Ilsley Corporation, Milwaukee, Wisconsin, to Fed Reg – 08/08/2002 

acquire 100 percent of the voting shares of Mississippi Valley Newspaper- 07/29/2002 

Bancshares, Inc., St. Louis, Missouri and thereby indirectly 

acquire Southwest Bank of St. Louis, St. Louis, Missouri, 

Southwest Bank, Belleville, Illinois, Southwest Bank of 

Phoenix, Phoenix, Arizona, nand thereby to engage in extending 

credit and servicing loans, through RE Holding Company A, RE 

Holding Company B, RE Holding Company C and SWB Real 

Estate Investment Trust, all located in Clayton, Missouri, to 

engage in providing financial and investment advisory services, 

through Eagle Fund, L.L.C., St. Louis, Missouri and to engage 

in trust company activities, through MVBI Capital Trust, 

Wilmington, Delaware.* 

4(c)(8)	 Salin Bancshares, Inc., Indianapolis, Indiana, to acquire 100 Fed Reg – 08/12/2002 

percent of the voting shares of Blue River Federal Savings Bank, Newspaper – 08/06/2002 

Edinburgh, Indiana.* 

* 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 applic ation 

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 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, July 13, 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 The Ernest Hazel III Trust and Kay Hammond Hazel, 

Vero Beach, Florida, as trustee, to gain control of Cardinal 

Bancorp Inc., Saint Louis, Missouri. 

3A3 State Capital Corporation, Greenwood, Mississippi, to acquire 

up to 100 percent of Mississippi Southern Bank, Port Gibson, 

Mississippi. (Previously submitted during the week ending July 

6, 2002)* 

3A1 Independent Holdings, Inc., Memphis, Tennessee, to become a 

bank holding company by acquiring 100 percent of the voting 

shares of Independent Bank, Memphis, Tennessee.* 

Newspaper – N/Avail 

Fed Reg – 07/30/2002 

Newspaper – 08/05/2002 

Fed Reg – 08/08/2002 

Newspaper – N/Avail 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, July 13, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

* 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)	 Hazen Bancorporation, Inc., Hazen, North Dakota to acquire Fed Reg – 08/02/2002 

15.5 percent of North Star Holding Company, Inc., Jamestown, Newspaper – 08/05/02 

North Dakota, which owns Stutsman County State Bank, 

Jamestown, North Dakota.* 

3(a)(1)	 Marquette Financial Companies, Minneapolis, Minnesota to Fed Reg – 08/05/2002 

become a bank holding company by acquiring 100% of the Newspaper – 08/05/2002 

outstanding voting shares of CBA Bancshares, Inc., 

Minneapolis, Minnesota and its subsidiary bank, Community 

Bank of Arizona, N.A., Wickenburg, Arizona.* 

CIC	 The John M. Morrison Florida Intangible Trust #5 dated Fed Reg – 07/29/2002 

5/16/02, Naples, Florida, to gain control of Central Bancshares, Newspaper – N/Avail 

Inc., Golden Valley, Minnesota, and thereby indirectly gain 

control of Central Bank, Stillwater, Minnesota. 

3(a)(3) 	 Wishek Bancorporation, Inc., Wishek, North Dakota, to acquire Fed Reg – 08/02/2002 

30.9 percent of North Star Holding Company, Jamestown, North Newspaper – 08/02/02 

Dakota, Which owns Stutsman County State Bank, Jamestown, 

North Dakota.* 

*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, July 13, 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)(3) First York Ban Corp., York, Nebraska, to acquire an additional 

.4 percent, for a total of 22.28 percent of the voting shares of Newspaper - 08/10/2002 

Fed Reg - 08/05/2002

NebraskaLand Financial Services, Inc., parent of NebraskaLand 

National Bank, both of North Platte, Nebraska. 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Applic ation 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 

325459 First State Bank in Temple 04/22/2002 07/08/2002 S X 

111 S. Commercial 

Temple, Oklahoma 73568 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 11
 

Federal Reserve Bank of Dallas
 

Applications and notifications filed during the week ending Saturday, July 13, 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)	 West Financial, Inc., El Paso, TX, to acquire Delaware West 

Financial, Inc., Dover, DE, and Bank of the West, El Paso, TX* 

(previously reported the week ending June 22, 2002) 

Fed Reg – 07/19/2002 

Newspaper – 07/20/2002 

3(a)(1)	 Delaware West Financial, Inc., Dover, DE, to acquire Bank of 

the West, El Paso, TX* (previously reported the week ending 

June 22, 2002) 

Fed Reg – 07/19/2002 

Newspaper – 07/20/2002 

*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 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, July 13, 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 F. Kemper Freeman, Jr., Betty J. Freeman, Suzanne L. McQuaid, Newspaper – N/Avail 

Amy C. Schreck, Bellevue Square Managers I Limited Partnership, Fed Reg – 07/24/2002 

and Bellevue Square Managers, Inc., all of Bellevue, Washington, 

to acquire ownership of 15.85 percent of First Mutual Bancshares, 

Inc., Bellevue, Washington.* 

* 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