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 3, 2001

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

Bank Holding Companies

The Chase Manhattan Corporation, New York, New York -- commenter's request for 

reconsideration of the Board's approval of the application to acquire J.P. Morgan & Co., 

Inc.

- Denied, January 30, 2001 

Board Operations

Officer appointment -- appointment of Christine M. Fields as Assistant Director in the 

Management Division.

- Approved, December 21, 2000 (AC)

Discount Rates

Discount Rates -- decrease from 5-1/2 percent to 5 percent by the Federal Reserve 

Banks of Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. 

Louis, Minneapolis, Dallas, and San Francisco.

- Approved, January 31, 2001 

Discount Rates -- decrease from 5-1/2 percent to 5 percent by the Federal Reserve 

Bank of Kansas City.

- Approved, February 1, 2001 

Regulations And Policies

Subprime Lending -- interagency guidance to strengthen the examination and supervision 

of institutions with significant subprime lending programs.

- Announced, January 31, 2001 

(AC) = Addition or Correction Board - Page 1 of 1
January 28, 2001 to February 3, 2001

BS&R

C&CA

FOMC

RBOPS

IF

OSDM

Banking Supervision and Regulatio

Consumer and Community Affai

Federal Open Market Committ

Reserve Bank Operations and Payment

International Fiance

Office of Staff Director for Managemen

H.2 Actions under delegated authority

Bank Branches, Domestic

AmSouth Bank, Birmingham, Alabama -- to establish a branch at 4334 Ringgold Road, 

Chattanooga, Tennessee.

- Approved, January 31, 2001 

Secretary

Gold Bank, Hennessey, Oklahoma -- to establish a branch at 10900 Hefner Pointe 

Drive, Oklahoma City.

- Approved, January 29, 2001 

Kansas City

PNB Financial Bank, Lubbock, Texas -- to establish a mobile branch serving temporary 

locations in Travis, Williamson, and Hayes Counties.

- Approved, January 30, 2001 

Dallas

SouthTrust Bank, Birmingham, Alabama -- to establish a mobile branch serving the Texas 

counties of Tarrant, Dallas, Collin, and Denton from a base branch at 1521 North 

Cooper, Suite 100, Arlington, Texas.

- Approved, January 18, 2001 (AC)

Atlanta

Valley Bank, Roanoke, Virginia -- to establish a branch at 1518 Hershberger Road, 

N.W.

- Approved, January 30, 2001 

Richmond

Bank Holding Companies

Admiral Family Banks, Inc., Alsip, Illinois -- to acquire Federated Bancorp, Inc., 

Onarga, and thereby acquire Federated Bank.

- Withdrawn, February 1, 2001 

Chicago

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

Bank Holding Companies

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

Bank, Lincoln.

- Approved, January 31, 2001 

Kansas City

Century Bancshares, Inc., Washington, D.C. -- to merge with GrandBanc, Inc., 

Rockville, Maryland.

- Approved, January 29, 2001 

Richmond

Colorado Business Bankshares, Inc., Denver, Colorado -- to acquire First Capital Bank 

of Arizona, Phoenix, Arizona.

- Approved, January 31, 2001 

Kansas City

Gateway Financial Corporation, Elizabeth City, North Carolina -- to become a bank 

holding company through the acquisition of Gateway Bank and Trust Co.

- Approved, February 2, 2001 

Richmond

Highlands Bancshares, Inc., Petersburg, West Virginia -- to retain Highlands Bankshares 

Trust Company.

- Approved, February 1, 2001 

Richmond

Humboldt Bancorp, Eureka, California -- to merge with Tehama Bancorp, Red Bluff, and 

indirectly acquire additional shares of Bancorp Financial Services, Sacramento.

- Approved, February 1, 2001 

San Francisco

Mid-America Bancorp, Louisville, Kentucky -- to acquire MAB Investment Group, Inc. 

and thereby engage in financial and investment advisory activities and management 

consulting activities.

- Approved, January 31, 2001 

Secretary

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

Bank Holding Companies

New Corporation, Oakland, California -- to become a bank holding company through 

the acquisition of Met Financial Corporation, and its subsidiary, Metropolitan Bank.

- Withdrawn, January 31, 2001 

San Francisco

Republic Bancorp, Inc., Louisville, Kentucky -- to acquire Republic Bank & Trust 

Company of Indiana, Clarksville, Indiana, a de novo institution.

- Approved, February 1, 2001 

St. Louis

Security Bancshares, Inc., Witt, Illinois -- to become a bank holding company through the 

acquisition of Security National Bank.

- Approved, February 2, 2001 

St. Louis

Sierra Bancorp, Porterville, California -- to become a bank holding company through the 

corporate reorganization of Bank of the Sierra.

- Approved, February 2, 2001 

San Francisco

SouthTrust Corporation, Birmingham, Alabama, and SouthTrust Bank of Alabama, 

Inc. -- waiver of application in connection with the proposed merger of SouthTrust Bank 

of Alabama with Bayshore National Bank, La Porte, Texas, a subsidiary of Bay 

Bancshares, Inc.

- Granted, February 2, 2001 

Atlanta

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

Michigan -- to become a bank holding company through the acquisition of shares of 

Thumb Bancorp, Inc. and thereby acquire Thumb National Bank and Trust Company.

- Approved, February 1, 2001 

Chicago

Viking Corporation, Omaha, Nebraska -- to acquire additional shares of K.B.J. 

Enterprises, Inc., Omaha, and thereby acquire Sibley State Bank, Denison, Iowa.

- Approved, January 31, 2001 

Kansas City

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

Bank Holding Companies

Waukomis Bancshares, Inc., Yukon, Oklahoma -- to become a bank holding company 

through the acquisition of Covington First State Bancshares, Inc., Covington, and First 

State Bank.

- Approved, February 1, 2001 

Kansas City

Zions Bancorporation, Salt Lake City, Utah -- waiver of application in connection with 

the proposed merger of its subsidiary, California Bank & Trust, San Diego, California, 

with Eldorado Bank, Laguna Hills, a subsidiary of Eldorado Bancshares, Inc.

- Withdrawn, January 30, 2001 

San Francisco

Bank Mergers

SouthTrust Bank, Birmingham, Alabama -- to merge with Bayshore National Bank, La 

Porte, Texas.

- Approved, February 2, 2001 

Atlanta

Banks, Foreign

Allied Irish Banks, p.l.c., Dublin, Ireland -- to establish a representative office in San 

Francisco, California.

- Approved, February 1, 2001 

Richmond

WestDeutsche Landesbank Girozentrale, Dussledolf, Germany -- to acquire Boullioun 

Aviation Services, Inc., Bellevue, Washington, and thereby engage in equipment and 

aircraft leasing advisory activities.

- Approved, February 1, 2001 

New York

Banks, State Member

Bank of the West, El Paso, Texas -- to engage in de novo trust activities.

- Approved, January 30, 2001 

Dallas

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

Change In Bank Control

Citizens National Bancshares of Bossier, Inc., Bossier City, Louisiana -- change in bank 

control.

- Permitted, February 2, 2001 

Dallas

FNB Holding Co., West Des Moines, Iowa -- change in bank control.

- Permitted, January 31, 2001 

Chicago

Competitive Factors Reports

American General Bank, FSB, Midvale, Utah -- report on competitive factors of the 

proposed purchase of assets and assumption of liabilities of the San Clemente, California, 

branch of FirstPlus Bank, Irvine, California.

- Submitted, February 1, 2001 

San Francisco

Associated Bank Green Bay, National Association, Green Bay, Wisconsin -- report on 

competitive factors of the proposed merger with Associated Bank Milwaukee, 

Milwaukee; Associated Bank North, Wausau; Associated Bank South Central, Madison; 

Associated Bank, National Association, Neenah; and Associated Bank Lakeshore 

National Association, Manitowoc.

- Submitted, January 29, 2001 

Chicago

Branch Banking and Trust Company of Virginia, Richmond, Virginia -- report on 

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

liabilities of FCNB Bank, Frederick, Maryland.

- Submitted, February 2, 2001 

Richmond

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

Competitive Factors Reports

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

competitive factors of the proposed mergers with First National Bank of Northwest 

Georgia, Calhoun, Georgia; Hardwick Bank & Trust Company, Dalton; Wayne National 

Bank, Jesup; Metter Banking Company, Metter; and First Bulloch Bank & Trust 

Company, Statesboro.

- Submitted, February 2, 2001 

Richmond

Cape Coral National Bank, Cape Coral, Florida, and First National Bank of Ft. Meyers, 

Fort Meyers -- report on competitive factors of the proposed merger with First National 

Bank of Naples, Naples, and related transactions.

- Submitted, February 1, 2001 

Cleveland

First National Bank and Trust Company of Beloit, Beloit, Wisconsin -- report on 

competitive factors of the proposed merger with Macktown State Bank, Rockton, Illinois.

- Submitted, January 29, 2001 

Chicago

Metro Savings Bank, FSB, Orlando, Florida -- report on competitive factors of a 

proposed change in bank control.

- Submitted, January 31, 2001 

Atlanta

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

proposed purchase of assets and assumption of liabilities of the New Martinsville branch 

of United National Bank, Parkersburg.

- Submitted, February 1, 2001 

Cleveland

Reeves Bank, Beaver Falls, Pennsylvania -- report on competitive factors of the 

proposed merger with First National Bank of Pennsylvania, Hermitage.

- Submitted, February 1, 2001 

Cleveland

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

Competitive Factors Reports

State National Bank of West Texas, Lubbock, Texas -- report on competitive factors of 

the proposed merger with State National Bank of West Texas, Abilene.

- Submitted, January 31, 2001 

Dallas

The Warwick Savings Bank, Warwick, New York -- report on competitive factors of the 

proposed acquisition of the Carmel branch of Country Bank, Carmel.

- Submitted, February 1, 2001 

New York

Whitney National Bank, New Orleans, Louisiana -- report on competitive factors of the 

proposed acquisition of American Bank, Houston, Texas.

- Submitted, January 29, 2001 

Atlanta

Extensions Of Time

FleetBoston Financial Corporation, Boston, Massachusetts -- extension to March 31, 

2001, to complete certain divestitures in connection with the merger of Fleet Financial 

Group, Inc. with BankBoston Corporation.

- Granted, January 30, 2001 

Director, BS&R

U.S. Bancorp, Minneapolis, Minnesota -- extension to January 24, 2002, to fulfill a 

commitment to conform an investment in Capital Fund 85 Limited Partnership, Des 

Moines, Iowa.

- Granted, January 29, 2001 

Director, BS&R

Financial Holding Companies

Gateway Financial Corporation, Elizabeth City, North Carolina -- election to become a 

financial holding company.

- Effective, February 2, 2001 

Richmond

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

Membership

Gateway Bank and Trust Co., Elizabeth City, North Carolina -- to become a member of 

the Federal Reserve System.

- Approved, February 2, 2001 

Richmond

Regulations And Policies

Short-term Interest Rates -- decrease in the target for the federal funds rate from 6 

percent to 5-1/2 percent.

- Approved, January 31, 2001 

FOMC

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

Federal Reserve Bank of Boston

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

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

4(j)(5) Boston Private Financial Holdings, Inc., Boston, Massachusetts -

notification to acquire E.R. Taylor Investments, Inc., Concord,

New Hampshire
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 2

Federal Reserve Bank of New York

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

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(5)(a) Boiling Springs, MHC Boiling Springs Bancorp, both of

Rutherford, New Jersey, to acquire Ridgewood Financial, MHC,

Ridgewood Financial, Inc. and its wholly-owned subsidiary,

Ridgewood Savings Bank of NJ, all of Ridgewood, New Jersey.

Newspaper – 02/26/01

Fed Reg – 03/02/01

3(a)(3)/3(a)(5) Financial Institutions, Inc., Warsaw, New York, to acquire Bath

National Corporation, and its wholly-owned subsidiary, Bath

National Bank, both of Bath, New York.

Newspaper – 02/14/2001

Fed Reg – 02/16/2001

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

Investment Chase Manhattan Bank, New York, New York, to make an

additional investment in its subsidiaries: Chemical Finance Ltd.,

Chase EU Holdings Ltd., and Robert Fleming & Co., all of the

United Kingdom.

N/Avail
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 3

Federal Reserve Bank of Philadelphia

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

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 4

Federal Reserve Bank of Cleveland

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

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Received application from Andover Bank, Andover, OH on

01/29/2001 of its intent to establish a brnach at 1630 West 19th

Street, Ashtabula, OH.

02/08/2001

18(c) Branch Received application from Wesbanco Bank, Wheeling, WV on

01/29/2001 to merge with Belington Bank, Belington, WV and

incident thereto establish branches.

02/26/2001

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

Type Application

Ending date of

comment period

3(a)(1) 3(a)(5) Received application from Wesbanco, Inc., and FBI

Corporation, both of Wheeling, WV on 01/29/2001 of their

intent to acquire Freedom Bancshares, Inc., Belington, WV

Newspaper – 02/26/2001

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Second Quarter of 2001

Institution Location

The Savings Bank and Trust Company 101 West market Street, Orrville, OH 44667-0108

Wesbanco Bank, Wheeling 1 Bank Plaza, Wheeling, WV 26003-3565

The Exchange Bank 235 Main Street, Luckey, OH 43443

The Marblehead Bank 709 West Main, Marblehead, OH 43440-2199

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 5

Federal Reserve Bank of Richmond

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

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

branch at 1424 North Howe Street, Southport, North Carolina.*

Newspaper - 02/26/2001

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

branch at 2040 Coliseum Drive, Unit #17, Hampton, Virginia.*

Newspaper - 02/26/2001

*Subject to the provisions of the Community Reinvestment Act.

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

Type Application

Ending date of

comment period

3(a)(1) Centra Financial Corporation-Morgantown, Inc., Morgantown,

West Virginia, to become a second-tier bank holding company

through the acquisition of 85.71% of the voting shares of Centra

Bank, Inc., Morgantown, West Virginia .*

Fed Reg - 03/02/2001

Newspaper - 03/06/2001

3(a)(1) Centra Financial Corporation-Martinsburg, Inc., Martinsburg,

West Virginia, to become a second-tier bank holding company

through the acquisition of 14.29% of the voting shares of Centra

Bank, Inc., Morgantown, West Virginia .*

Fed Reg - 03/02/2001

Newspaper - 03/06/2001

3(a)(3) Centra Financial Holdings, Inc., Morgantown, West Virginia,

to acquire Centra Financial Corporation-Morgantown, Inc.,

Morgantown, West Virginia.*

Fed Reg - 03/02/2001

Newspaper - 03/06/2001

3(a)(3) Centra Financial Holdings, Inc., Morgantown, West Virginia,

to acquire Central Financial Corporation-Martinsburg, Inc.,

Martinsburg, West Virginia .*

Fed Reg - 03/02/2001

Newspaper - 03/06/2001

3(a)(3) and

4(c)(8)

BB&T Corporation, Winston-Salem, North Carolina, to acquire

Century South Banks, Inc., Alpharetta, Georgia .*

Fed Reg - N/Aail

Newspaper - N/Avail

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

Type Application

Ending date of

comment period

None

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 6

Federal Reserve Bank of Atlanta

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

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(5) South Alabama Bancorporation, Inc., Mobile, Alabama, to

merge with Peoples BancTrust Company, Inc., and thereby

acquire Peoples Bank & Trust Company, both of Selma,

Alabama.

N/Avail*

CIC ONB Financial Services, Inc., Ocala, Florida, after-the-fact

notification filed by Mr. Donald H. Kay, Jr., Ms. Martha A. Kay,

Mr. Kyle A. Kay, and Rance H. Kay to retain 46 percent of the

outstanding shares of ONB Financial Services, Inc., Ocala,

Florida.

N/Avail

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

COM Edison Bancshares, Inc., Fort Myers, 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.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

2738857 Horizon Bank

Post Office Box 14684

Bradenton, Florida 34280

(941) 753-2265

10/23/2000 01/30/2001 S X

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 3, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Comerica Bank, Detroit, Michigan, for prior approval to

establish a branch at 1255 S. Main, Chelsea, Michigan.*

Newspaper – 01/25/2001

Branch First American Bank, Carpentersville, Illinois, for prior approval

to establish a branch at the southeast corner of Meacham and

Biesterfield Roads, Elk Grove Village, Illinois.*

Newspaper – 02/06/2001

18c &

 Branch

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

approval to merge with M&I Bank of LaCrosse, LaCrosse; M&I

Bank South Central, Watertown; M&I Bank South, Janesville;

M&I Bank of Mayville, Mayville; M&I Community State

Bank,Eau Claire; M&I Bank of Southern Wisconsin,

Madison; all of Wisconsin and M&I Thunderbird Bank,

Phoenix, Arizona; and thereby establish 74 branches.*

Newspaper – N/Avail

18c &

 Branch

Security State Bank, New Hampton, Iowa, for prior approval to

merge with Security State Bank, Calmar, Iowa and thereby

establish a branch at 102 W. Main, Calmar, Iowa, and 106 E.

Main, Ossian, Iowa.*

Newspaper – 02/12/2001

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(3) Admiral Family Banks, Inc., Alsip, Illinois, for prior approval to

acquire 100 percent of the voting shares of Federated Bancorp,

Inc., Onarga, Illinois and thereby indirectly acquire Federated

Bank, Onarga, Illinois.*

Fed Reg – 02/08/2001

Newspaper – 02/02/2001

3(a)(1) Alpha Financial Group, Inc. Employee Stock Ownership Plan,

Toluca, Illinois, for prior approval to become a bank holding

company through the acquisition of 31.61 percent of the voting

shares of Alpha Financial Group, Inc., Minonk, Illinois and

thereby indirectly acquire Alpha Community Bank, Toluca,

Illinois.*

Fed Reg – 02/01/2001

Newspaper – 01/28/2001
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(1) American Bancorporation, Cedar Falls, Iowa, for prior approval

to become a bank holding company through the acquisition of

100 percent of The Newburg Corporation, Saint Ansgar, Iowa,

and thereby indirectly acquire Cedar Valley State Bank, Saint

Ansgar, Iowa.*

Fed Reg – 02/09/2001

Newspaper – 02/02/2001

3(a)(5) AmericaUnited Bancorp, Inc., Schaumburg, Illinois, for prior

approval to acquire 100 percent of the voting shares of National

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

American National Bank of DeKalb County, Sycamore,

Illinois.*

Fed Reg – N/Avail

Newspaper – N/Avail

3(a)(3) Ames National Corporation, Ames, Iowa, for prior approval to

retain its current 5.39 percent investment in and acquire up to 10

percent of Mahaska Investment Company, Oskaloosa, Iowa and

thereby indirectly acquire Mahaska State Bank, Oskaloosa, Iowa

and Pella State Bank, Pella, Iowa,*

Fed Reg – 02/05/2001

Newspaper – 12/31/2000

4(c)(8) Ames National Corporation, Ames, Iowa, for permission to

retain its current 5.39 percent investment in Mahaska Investment

Company, Oskaloosa, Iowa, and thereby indirectly acquire

Midwest Federal Savings and Loan Association of Eastern Iowa,

Burlington, Iowa, and Central Valley Bank, Ottumwa, Iowa.*

Fed Reg – 02/05/2001

Newspaper – N/Avail

3(a)(1) BSB Community Bancorporation, Inc., Benton, Wisconsin, for

prior approval to become a bank holding company through the

acquisition of 100 percent of the voting shares of Benton State

Bank, Benton, Wisconsin.*

Fed Reg – 02/26/2001

Newspaper – N/Avail

CIC Notification by Mary Garst and Tom Chrystal of a Change in

Control, for their ownership to increase from 23.2258% to

27.0677% following Community Grain Co.'s redemption of 44

shares of its common stock.

Fed Reg – 02/08/2001

Newspaper – 02/07/2001

3(a)(1) First BancTrust Corporation, Paris, Illinois, for prior approval to

become a bank holding company through the acquisition of 100

percent of the voting shares of First Bank & Trust, S.B., Paris,

Illinois.*

Fed Reg – 01/22/2001

Newspaper – 02/12/2001

3(a)(3) First Capital Bankshares, Incorporated, Peoria, Illinois, for prior

approval to acquire 20 percent of the voting shares of

Community Bank of Lemont (in organization), Lemont,

Illinois.*

Fed Reg – 01/05/2001

Newspaper – 02/04/2001

CIC Notification by Frank D. Neese of a Change in Control, to

retain control of First Community Bancshares, Inc., Bargersville,

Indiana.

Fed Reg – 02/05/2001

Newspaper – N/Avail

3(a)(1) Thumb National Bank & Trust Company Employee Stock

Ownership Plan, Pigeon, Michigan, for prior approval to become

a bank holding company through the acquisition of 30.52

percent of the voting shares of Thumb Bancorp, Inc., Pigeon,

Michigan and thereby indirectly acquire Thumb National Bank

& Trust Company, Pigeon, Michigan.*

Fed Reg – 01/29/2001

Newspaper – 01/25/2001
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(3) United Bancorp, Inc., Tecumseh, Michigan, for prior approval to

acquire 100 percent of the voting shares of United Bank &

Trust-Washtenaw (in organization), Ann Arbor, Michigan.*

Fed Reg – 03/02/2001

Newspaper – N/Avail

3(a)(1) Worth Bancorp, Spartanburg, Indiana, for prior approval to

become a bank holding company through the acquisition of 100

percent of the voting shares of Greensfork Township State Bank,

Spartanburg, Indiana.*

Fed Reg – 01/30/2001

Newspaper – 01/11/2001

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Alpha Financial Group, Inc. Employee Stock Ownership Plan,

Toluca, Illinois, for prior approval to acquire Alpha Insurance

Services, Inc., Washburn, Illinois and thereby engage in

insurance agency activities.

Fed Reg – 02/01/2001

4(c)(8) AmericaUnited Bancorp, Inc., Schaumburg, Illinois, notification

of intent to retain and continue to engage in the activity of

extending credit and servicing loans.

Fed Reg – 02/20/2001

4(c)(8) Northwest Suburban Bancorp, Inc., Mount Prospect, Illinois,

notification of intent to continue to engage in purchasing loan

participations from its subsidiary banks.

Fed Reg – 01/31/2001

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 8

Federal Reserve Bank of St. Louis

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

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

CIC Notice involving Security Bancshares, Inc., Paris, Tennessee, by

Barry P. McIntosh, Jr., Paris, Tennessee, to retain 19.57 percent.

(Previously submitted during the week ending January 27,

2001.)

Newspaper – 2/6/2001

Fed Reg – 2/20/2001

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 9

Federal Reserve Bank of Minneapolis

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

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) & Branch Dakota Western Bank, Bowman, North Dakota, proposes to

merge with West River State Bank, Hettinger, North Dakota,

and incident thereto, establish a branch at 6th and Adams

Avenue, Hettinger, North Dakota.*

02/14/2001

*Subject to the provisions of the Community Reinvestment Act.

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

Type Application

Ending date of

comment period

CIC Change in control Notice by Jeff Campbell to acquire control of

Security Bancshares, Inc., Dunseith, North Dakota.

Newspaper – 01/15/2001

Fed. Reg. – 01/16/2001

3(a)(1)A Native American Bancorporation Co., Denver, Colorado,

proposes to acquire 100% of the voting shares of Blackfeet

National Bank, Browning, Montana.*

Newspaper – 03/03/2001

* Subject to the provisions of the Community Reinvestment Act.

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 10

Federal Reserve Bank of Kansas City

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

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Community Banks of Colorado, Cripple Creek, Colorado, for

prior approval to establish a branch at 101 E. Warren Avenue,

Cripple Creek, Colorado.

Newspaper – 01/31/2001

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

Type Application

Ending date of

comment period

3(a)(1) Bannister Bancshares, Inc., Kansas City, Missouri, for prior

approval to become a bank holding company through the

acquisition of 92.10 percent of the voting shares of Bannister

Bank and Trust, Kansas City, Missouri.

Newspaper – 03/02/2001

Fed Reg – 03/05/2001

3(a)(3) First Olathe Bancshares, Inc., Kansas City, Missouri, for prior

approval to acquire up to 34.05 percent of the voting shares of

Bannister Bancshares, Inc., Kansas City, Missouri.

Newspaper – 03/02/2001

Fed Reg – 03/05/2001

4(c)(8) Platte Valley Financial Services Company, Scottsbluff,

Nebraska, for prior approval to acquire 100 percent of the voting

shares of Tri-County Bancorp, Inc., Torrington, Wyoming and

thereby engage in operating a savings association.

Newspaper – 02/23/2001

Fed Reg – 02/22/2001

CIC Glasnapp Family Limited partnership I, Mission Hills, Kansas,

for prior approval to acquire voting shares of Bannister

Bancshares, Inc., Kansas City, Missouri, and thereby indirectly

acquire Bannister Bank and Trust, Kansas City, Missouri.

Newspaper – 02/20/2001

Fed Reg – 02/22/2001

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

4(c)(8) Loomis Company, Loomis, Nebraska, for prior approval to

acquire 100 percent of a small insurance agency, Landsmands

Insurance Agency, Kimballton, Iowa, and thereby engage in

insurance activities.

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 11

Federal Reserve Bank of Dallas

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

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(1) Border Capital Group, Inc., McAllen, TX, to acquire

Border Capital Group of Delaware, Inc., Dover, DE, and

McAllen National Bank, McAllen, TX*

Fed Reg – 03/01/2001

Newspaper – 02/25/2001

3(a)(1) Border Capital Group of Delaware, Inc., Dover, DE, to acquire

McAllen National Bank, McAllen, TX*

Fed Reg – 03/01/2001

Newspaper – 02/25/2001

3(a)(1) Katy Bancshares, Inc., Katy, TX, to acquire

Katy Bancshares of Delaware, Inc., Wilmington, DE, and

Katy Bank, National Association, Katy, TX*

Fed Reg – 03/05/2001

Newspaper – 03/01/2001

3(a)(1) Katy Bancshares of Delaware, Inc., Wilmington, DE, to acquire

Katy Bank, National Association, Katy, TX*

Fed Reg – 03/05/2001

Newspaper – 03/01/2001

*Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

367552 First State Bank

P.O. Box 60

Matador, Texas 79244-0060

09/30/2000 01/27/2001 S X

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 3, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Business Bank of Nevada, Las Vegas, Nevada, to establish a

branch office at 2690 East Sunset Road, Las Vegas, Nevada .*

Newspaper – 01/20/2001

Branches Pacific Mercantile Bank, Newport Beach, California, to

establish branch offices at 9720 Wilshire Blvd., Beverly Hills,

California; and at 949 South Coast Drive, Costa Mesa,

California.*

Newspaper – 02/15/2001

Branch Oak Valley Community Bank, Oakdale, California, to establish

a branch office at 170 Mountain Boulevard, Mammoth Lakes,

California.*

Newspaper – 02/02/2001

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Mitsubishi Tokyo Financial Group, Inc., and The Bank of

Tokyo-Mitsubishi, Ltd., both of Tokyo, Japan, to engage in

nonbanking activities through the acquisition of Kokusai

America Incorporated, New York, New York.

Fed Reg – N/Avail
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

COM Eldorado Bancshares, Inc. requests a relief of a commitment in

order to pay a cash dividend in the amount of $807,061, or $.05

per share to all holders of record of common stock and the

holders of certain warrants.

Waiver Premier West Bancorp, Medford, Oregon, requests a waiver of

any Bank Holding Company Act application requirement in

connection with their proposed merger with Timberline

Bancshares, Inc., and thereby indirectly acquiring Timberline

Community Bank, both of Yreka, 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 Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None