Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 30 

Week Ending July 28, 2001 

Board of Governors of the Federal Reserve System, Washington, DC 20551
 
H.2 Board Actions July 22, 2001 to July 28, 2001 

Testimony And Statements 

Federal Deposit Insurance Reform -- statement by Governor Meyer before the 

Subcommittee on Financial Institutions and Consumer Credit of the House 

Committee on Financial Services. 

- Published, July 26, 2001 

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

Committee on Banking, Housing, and Urban Affairs. 

- Published, July 24, 2001 

Forms 

Forms -- extension of the Report of Selected Balance Sheet Items for Discount 

Window Borrowers (FR 2046), the Annual Report on Status of Disposition of 

Assets Acquired in Satisfaction of Debts Previously Contracted (FR 4006), and the 

Notice of Branch Closure (FR 4031); and reinstatement of the Report of Terms of 

Credit Card Plans (FR 2572). 

- Approved, July 26, 2001 

Enforcement 

Bankers Trust Company, New York, New York -- issuance of a cease and desist 

order against Kenneth Goglia, a former managing director and institution-affiliated 

party. 

- Announced, July 23, 2001 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority July 22, 2001 to July 28, 2001 

BS&R Banking Supervision and Regulation RBOPS Reserve Bank Operations and Payment 

IF International Fiance 

OSDM Office of Staff Director for Management 

C&CA Consumer and Community Affairs 

FOMC Federal Open Market Committee 

Bank Branches, Domestic 

Atlanta 

MetroBank of Dade County, Miami, Florida -- to establish a branch at 4699 Nob Hill 

Road, Sunrise. 

- Approved, July 25, 2001 

Bank Holding Companies 

St. Louis 

BankStar, Inc., St. Louis, Missouri -- to acquire Pacific BankStar, Inc., and thereby 

acquire its subsidiary bank, Bank Star, Pacific. 

- Approved, July 26, 2001 

Director, BS&R 

Atlanta 

Atlanta 

Fifth Third Bancorp, Cincinnati, Ohio -- modification of a commitment. 

- Approved, July 26, 2001 

RCK, Inc., Jacksonville, Florida -- to become a bank holding company through the 

acquisition of CenterBank of Jacksonville, National Association, a de novo bank. 

- Approved, July 24, 2001 

Sweetwater Financial Group, Inc., Powder Springs, Georgia -- to become a bank 

holding company through the acquisition of Georgian Bank, a de novo bank. 

- Withdrawn, July 27, 2001 

Director, BS&R 

Wells Fargo Bank Minnesota, N.A., Minneapolis, Minnesota -- request for an 

exemption from section 23A of the Federal Reserve Act with respect to a corporate 

restructuring of certain activities by Wells Fargo & Company, San Francisco, 

California. 

- Granted, July 27, 2001 

(AC) = Addition or Correction Delegated - Page 1 of 5 
H.2 Actions under delegated authority July 22, 2001 to July 28, 2001 

Bank Mergers
 

Chicago 

1st Source Bank, South Bend, Indiana -- to acquire the LaPorte and Michigan City 

branches of Citizens Financial Services, FSB, Munster, and thereby establish 

branches. 

- Approved, July 27, 2001 

Banks, State Member
 

Dallas 

Falcon International Bank, Laredo, Texas -- to purchase certain assets and assume 

certain liabilities of National Bank & Trust, La Grange, and thereby establish a 

branch in San Antonio; and to engage in trust activities. 

- Approved, July 25, 2001 

Change In Bank Control
 

Atlanta 

FCB Financial, Inc., Tampa, Florida -- change in bank control. 

- Permitted, July 27, 2001 

Minneapolis 

Hartland Bancshares, Inc., Hartland, Minnesota -- change in bank control. 

- Permitted, July 24, 2001 

St. Louis 

Pocahontas Bankstock, Inc., Pocahontas, Arkansas -- change in bank control. 

- Permitted, July 27, 2001 

Atlanta 

Vernon Bancshares, Inc., Leesville, Louisiana -- change in bank control. 

- Withdrawn, July 6, 2001 (AC) 

Competitive Factors Reports
 

San Francisco 

Bank of Hawaii Credit Card, N.A., Phoenix, Arizona -- report on competitive factors 

of the proposed merger with Bank of Hawaii, Honolulu, Hawaii. 

- Submitted, July 26, 2001 

(AC) = Addition or Correction Delegated - Page 2 of 5 
H.2 Actions under delegated authority July 22, 2001 to July 28, 2001 

Competitive Factors Reports
 

Boston 

Berlin City Bank, Berlin, New Hampshire -- report on competitive factors of the 

proposed purchase of the branch at 76 Main Street, Littleton, of the Bank of New 

Hampshire, National Association, Farmington. 

- Submitted, July 24, 2001 

Richmond 

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

competitive factors of the proposed merger with Century South Bank of the 

Carolinas, FSB, Waynesville; Century South Bank of Alabama, Oxford, Alabama; 

Century South Bank of Polk County, Copperhill, Tennessee; Century South Bank of 

Fannin County, N.A., Blue Ridge, Georgia; Century South Bank of Dahlonega, 

Dahlonega; Century South Bank of Danielsville, Danielsville; Century South Bank of 

Dawsonville, Dawsonville; Century South Bank of Ellijay, Ellijay; Century South 

Bank of Northeast Georgia, N.A., Gainesville; Century South Bank of Central 

Georgia, N.A., Macon; Century South Bank of the Coastal Region, N.A., Savannah; 

and Century South Bank of Lavonia, Lavonia. 

- Submitted, July 24, 2001 

St. Louis 

Charter Pacific Bank, Agoura Hills, California -- report on competitive factors of the 

proposed merger with First Bank & Trust, San Francisco. 

- Submitted, July 25, 2001 

St. Louis 

First Security State Bank of Charleston, Charleston, Missouri -- report on 

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

of the Charleston branch of Union Planters Bank, N.A., Memphis, Tennessee. 

- Submitted, July 25, 2001 

Richmond 

Harrington Bank, FSB, Chapel Hill, North Carolina -- report on competitive factors 

of the proposed purchase of assets and assumption of liabilities of the Chapel Hill 

branch of Harrington Bank, FSB, Richmond, Indiana. 

- Submitted, July 24, 2001 

(AC) = Addition or Correction Delegated - Page 3 of 5 
H.2 Actions under delegated authority July 22, 2001 to July 28, 2001 

Competitive Factors Reports
 

Atlanta 

Liberty Bank and Trust Company, New Orleans, Louisiana -- report on competitive 

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

branches of Schwegmann Bank and Trust Company, Harvey. 

- Submitted, July 24, 2001 

Richmond 

MountainBank, Hendersonville, North Carolina -- report on competitive factors of 

the proposed merger with Premier Mortgage Associates, Inc., Greenwood, South 

Carolina. 

- Submitted, July 27, 2001 

San Francisco 

U.S. Bank, National Association, Minneapolis, Minnesota -- report on competitive 

factors of the proposed purchase of assets and assumption of liabilities of 20 

branches of Pacific Century Bank, N.A., Los Angeles, California. 

- Submitted, July 25, 2001 

Extensions Of Time
 

Chicago 

CIB Marine Bancshares, Inc., Pewaukee, Wisconsin -- extension to December 5, 

2001, to acquire Citrus Financial Services, Inc., Vero Beach, Florida, and Citrus 

Bank, N.A. 

- Granted, July 25, 2001 

Cleveland 

Fifth Third Bancorp, Cincinnati, Ohio, and Fifth Third Bank -- extensions to 

November 1, 2001, for Fifth Third Bancorp to acquire USB, Inc., Milwaukee, 

Wisconsin, and for Fifth Third Bank, Cincinnati, Ohio, to merge with Universal 

Savings Bank, F.A., Milwaukee, Wisconsin, and thereby establish branches. 

- Granted, July 26, 2001 

Chicago 

Prairie Bank and Trust Company, Bridgeview, Illinois -- extension to August 14, 

2002, to establish a branch at the corner of Illinois Route 59 and Andrew Road, 

Plainfield. 

- Granted, July 26, 2001 

(AC) = Addition or Correction Delegated - Page 4 of 5 
H.2 Actions under delegated authority July 22, 2001 to July 28, 2001 

Extensions Of Time
 

Chicago 

Thumb National Bank and Trust Company Employee Stock Ownership Plan, Pigeon, 

Michigan -- extension to November 1, 2001, to become a bank holding company 

through the acquisition of shares of Thumb Bancorp, Inc., and thereby acquire 

Thumb National Bank and Trust Company. 

- Granted, July 24, 2001 

Financial Holding Companies
 

Philadelphia 

First Chester County Corporation, West Chester, Pennsylvania -- election to become 

a financial holding company. 

- Effective, July 23, 2001 

San Francisco 

First Independent Investment Group, Inc., Vancouver, Washington -- election to 

become a financial holding company. 

- Effective, July 25, 2001 

(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 28, 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, July 28, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Representative 

Office 

China Merchants Bank, Shenzhen, People’s Republic of China, 

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

Newspaper – N/Avail 

Representative 

Office 

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

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

Newspaper – N/Avail 

Branch NCF Bank Plc (formerly known as Nordea Companies Finland 

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

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

York, New York.* 

Newspaper – N/Avail 

* 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)/3(a)(3) North Fork Bancorporation, Inc. and its wholly-owned Newspaper – 07/28/2001 

subsidiary, North Fork Bank, both of Melville, New York, to Fed Reg – 07/30/2001 

acquire Commercial Bank of New York, New York, New 

York.* 

* 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, July 28, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch First Heritage Bank, Wilkes-Barre, PA, to establish a branch Newspaper: 08/13/2001 

office at 685 Wyoming Avenue, Kingston Borough, Luzerne 

County, 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 

4(c)(8) Harleysville National Corporation, Harleysville, PA, to acquire a Fed. Reg.: N/Avail 

de novo subsidiary HNC Reinsurance Company, Phoenix, AZ. 

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 28, 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 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, July 28, 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 

2897763 Hanover Bank 05/14/2001 07/25/2001 S X 

8071 Mechanicsville Turnpike 

Mechanicsville, Virginia 23111 

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 28, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

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

8858 Waltham Woods Drive, Carney, Maryland, to be known as 

the Carney Safeway Office. 

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

4211 Mountain Road, Pasadena, Maryland, to be known as the 

Pasadena Safeway Office. 

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

1780 Forest Drive, Annapolis, Maryland, to be known as the 

Annapolis Safeway Office. 

08/01/2001* 

08/01/2001* 

08/01/2001* 

*Subject to provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

3(a)(5) First Pulaski National Corporation, Pulaski, Tennessee, to merge 

with Belfast Holding Company, and thereby directly acquire 

Bank of Belfast, both of Belfast, Tennessee. 

Fed Reg – 08/27/2001* 

CIC Bonifay Holding Company, Inc., Bonifay, Florida, prior 

notification filed by Guy F. Medley, Michael A. Medley, J. 

Dennis DuRant, Robert A. Bowen, M. Shay McCormick, Bobby 

L. George, Wilhelmina P. Belcer, Don W. Hersman, James F. 

Adams, Orilious G. Banks, Robert E. Black, Franklin L. Fisher, 

Brian K. James, Michael P. McCann, Rupert E. Phillips, Claude 

C. Royster III, D. Terry Tillman, and Charles R. Vawter, to 

collectively acquire 100 percent of the outstanding shares of 

Bonifay Holding Company, Inc., and its subsidiary, The Bank of 

Bonifay, both of Bonifay, Florida. 

Newspaper – 07/20/2001 

*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 

OTHER AmSouth Bank, Birmingham, Alabama, to establish a new 

FOREIGN foreign subsidiary, to be located in Hong Kong, and thereby 

engage in issuing import commercial letters of credit to 

beneficiaries in Asia. 

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, July 28, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) 

18(c) & 

Branches 

18(c) & 

Branches 

Cedar Rapids Bank and Trust Company, Cedar Rapids, Iowa, 

for prior approval to acquire the Cedar Rapids, Iowa branch 

office of Quad City Bank and Trust Company, Bettendorf, 

Iowa.* 

First Farmers Bank & Trust Company, Converse, Indiana, for 

prior approval to acquire the Greentown, Logansport, Peru, 

Roann and Wabash offices of Lake City Bank, Warsaw, Indiana 

and thereby to establish branches at 520 W. Main Street, 

Greentown, Indiana, 3910 E. Market Street, Logansport, 

Indiana, 2 N. Broadway, Peru, Indiana, 110 Chippewa Street, 

Roann, Indiana and 1004 N. Cass Street, Wabash, Indiana.* 

M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin, for prior 

approval to merge with National City Bank of Minneapolis, 

Minneapolis, Minnesota and thereby to establish branches at 651 

Nicollet Mall, Minneapolis, Minnesota and 3905 West 69th 

Street, Edina, Minnesota.* 

Newspaper – 8/03/2001 

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 

3(a)(1) American Community Financial, Inc., Woodstock, Illinois, for 

prior approval to become a bank holding company through the 

acquisition of 100 percent of the voting stock of American 

Community Bank & Trust, Woodstock, Illinois.* 

Fed Reg – 7/30/2001 

Newspaper – 7/22/2001 

3(a)(1) Bank Iowa Holding Company, Clarinda, Iowa, for prior 

approval to become a bank holding company through the 

acquisition of 100 percent of the voting shares of Farmers State 

Bank, Schleswig, Iowa.* 

Fed Reg – N/Avail 

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

Ending date of 

Type Application comment period 

4(c)(8) Chemical Financial Corporation, Midland, Michigan, for prior 

approval to acquire 100 percent of the voting shares of Bank 

West Financial Corporation, Grand Rapids, Michigan and 

thereby indirectly acquire Bank West, Grand Rapids, 

Michigan.* 

3(a)(5) First Financial Corporation, Terre Haute, Indiana, for prior 

approval to acquire 100 percent of the voting shares of 

Community Financial Corp., Olney, Illinois and thereby 

indirectly acquire Community Bank and Trust, N.A., Olney, 

Illinois.* 

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

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

an additional 31.99 percent of the voting shares of Grant County 

State Bancshares, Inc., Swayzee, Indiana and thereby indirectly 

acquire Grant County State Bank, Swayzee, Indiana.* 

4(c)(8) Hasten Bancshares, Indianapolis, Indiana, for prior approval to 

acquire 100 percent of the outstanding common stock of 

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

thereby indirectly acquire Harrington Bank, FSB, Richmond, 

Indiana and to acquire 19.9 percent of the outstanding common 

stock of Harrington Financial Group, Inc., Overland Park, 

Kansas, and thereby indirectly acquire Harrington Bank, FSB, 

Richmond, Indiana.* 

3(a)(3) Kerndt Bank Services, Inc., Lansing, Iowa, for prior approval to 

acquire 100 percent of the voting shares of Westmont 

Corporation, West Union, Iowa, and thereby indirectly acquire 

Farmers Savings Bank, West Union, Iowa.* 

Notification by Charles Weldon Morrison of a Change in 

Control of Lamoine Bancorp, Inc., La Harpe, Illinois. 

3(a)(1) MB-MidCity, Inc., Chicago, Illinois, for prior approval to 

become a bank holding company through the acquisition of 100 

percent of the voting shares of MB Financial, Inc., Chicago, 

Illinois and Manufacturers National Corporation, Chicago, 

Illinois and thereby indirectly acquire Manufacturers Bank, 

Chicago, Illlinois; 100 percent of the voting shares of MidCity 

Financial Corporation, Chicago, Illinois and thereby indirectly 

acquire First National Bank of Elmhurst, Elmhurst, Illinois, 

Mid-City National Bank of Chicago, Chicago, Illinois, First 

National Bank of Morton Grove, Morton Grove, Illinois and 

Union Bank and Trust Company, Oklahoma City, Oklahoma 

and 100 percent of the voting shares of Abrams Centre 

Bancshares, Inc., Dallas, Texas and thereby indirectly acquire 

Abrams Centre National Bank, Dallas, Texas.* 

Fed Reg – 8/17/2001 

Newspaper – N/Avail 

Fed Reg – 8/10/2001 

Newspaper – N/Avail 

Fed Reg – 8/24/2001 

Newspaper – 8/13/2001 

Fed Reg – 8/01/2001 

Newspaper – 7/31/2001 

Fed Reg – N/Avail 

Newspaper – N/Avail 

Fed Reg – 7/24/2001 

Newspaper – N/Avail 

Fed Reg – 8/10/2001 

Newspaper – N/Avail 

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

Ending date of 

Type Application comment period 

3(a)(3) Panhandle Aviation, Inc., Clarinda, Iowa, for prior approval to 

acquire 100 percent of the voting shares of Bank Iowa Holding 

Company (in organization), Clarinda, Iowa, and thereby 

indirectly acquire Farmers State Bank, Schleswig, Iowa.* 

3(a)(1) Piper Holdings, Inc., Covington, Indiana, for prior approval to 

become a bank holding company through the acquisition of 100 

percent of the voting shares of The Fountain Trust Company, 

Covington, Indiana.* 

3(a)(3) Quad City Holdings, Inc., Moline, Illinois, for prior approval to 

acquire 100 percent of the voting shares of Cedar Rapids Bank 

and Trust Company (in organization), Cedar Rapids, Iowa* 

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

acquire 80.95% of Southeast Security Bank, Mediapolis, Iowa.* 

3(a)(1) Speer Bancshares, Inc., Speer, Illinois, for prior approval to 

become a bank holding company through the acquisition of 100 

percent of the voting shares of State Bank of Speer, Speer, 

Illinois.* 

Fed Reg – N/Avail 

Newspaper – N/Avail 

Fed Reg – 7/30/2001 

Newspaper – 8/10/2001 

Fed Reg – 7/09/2001 

Newspaper – 7/08/2001 

Fed Reg – N/Avail 

Newspaper – N/Avail 

Fed Reg – 7/20/2001 

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 

4(c)(8) Chemical Financial Corporation, Midland, Michigan, for prior 

approval to acquire 100 percent of the voting shares of Sunrise 

Mortgage Company, Grand Rapids, Michigan (a wholly-owned 

subsidiary of Bank West), and thereby to engage in extending 

credit and servicing loans. 

4(c)(8) MB-MidCity, Inc., Chicago, Illinois, for prior approval to 

acquire 60 percent of the voting shares of Summit MFR Leasing 

LLC, Cincinnati, Ohio and Sentry Lease Equity Pool 2000-1, 

LLC, Salt Lake City, Utah and thereby engage in leasing 

personal or real property. 

4(c)(8) Northern Trust Corporation, Chicago, Illinois, for prior approval 

to engage indirectly through Northern Trust Global Advisors, 

Inc., Stamford, Connecticut, in the nonbanking activity of 

serving as investment advisor and in the nonbanking activities of 

commodity pool operator and commodity trading advisor. 

Fed Reg – 8/17/2001 

Fed Reg – 8/10/2001 

Fed Reg – 7/26/2001 
Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4(c)(8) RNB Corporation, Brazil, Indiana, noitification of intent to Fed Reg – N/Avail 

purchase stock in Independent Bankers Life Reinsurance 

Company of Indiana Ltd. and thereby to engage in the reinsuring 

of credit life, accident and health insurance. 

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

Type Application 

Membership Cedar Rapids Bank and Trust Company (in organization), Cedar 

Rapids, Iowa, 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 

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 28, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

3(a)(3) Notice by First Banks, Inc., St. Louis, Missouri, to acquire Newspaper: 8/31/2001 

Allegiant Bancorp, Inc., St. Louis, Missouri* Fed Reg: 8/24/2001 

* 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) Notice by Gideon Bancshares Company, Dexter, Missouri, to Fed Reg: 8/6/2001 

engage in a retail brokerage operation 

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 28, 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 

920854 Pioneer Bank 4/23/2001 7/26/2001 S X 

Mapleton, Minnesota 

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 28, 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) FlatIrons Bank Holding Company, Loveland, Colorado, for prior 

approval to become a bank holding company through the 

acquisition of 100 percent of the voting shares of FlatIrons 

Bank, Boulder, Colorado (in organization). 

Newspaper – 08/31/2001 

Fed Reg – 08/27/2001 

3(a)(3) Stamford Banco, Inc., Stamford, Nebraska, for prior approval to 

acquire an additional 16.7 percent, for a total of 33.32 percent of 

the voting shares of First Gothenburg Bancshares, Inc., 

Gothenburg, Nebraska, parent of First State Bank, Gothenburg, 

Nebraska. 

Newspaper – N/Available 

Fed Reg – 08/09/2001 

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 

321255 First American Bank 

Main & High School 

Stonewall, Oklahoma 74871 

767255 Lamar Bank and Trust Company 

1000 Broadway 

Lamar, Missouri 64759-1455 

328151 Citizens State Bank 

201 Starr Avenue 

Miltonvale, Kansas 67466 

04/23/2001 07/18/2001 S X 

04/30/2001 07/25/2001 S X 

05/07/2001 07/26/2001 S X 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, July 28, 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 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, July 28, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Farmers & Merchants Bank of Central California, Lodi, Newspaper – 08/02/2001 

California, to establish a branch office to be known as Lincoln 

Center Branch, 205 Lincoln Center, Stockton, California.* 

* 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