Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 36 

Week Ending September 7, 2002 

Board of Governors of the Federal Reserve System, Washington, DC 20551 
H.2 Board Actions September 1, 2002 to September 7, 2002 

Regulations And Policies 

Regulation H -- interim rule with request for comment on proposed amendments to 

implement certain disclosure and reporting requirements for state member banks that have 

classes of registered securities (Docket No. R-1129). 

- Approved, September 6, 2002 

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

BS&R 

C&CA 

FOMC 

Banking Supervision and Regulation 

Consumer and Community Affairs 

Federal Open Market Committee 

RBOPS 

IF 

OSDM 

Reserve Bank Operations and Payment Systems

International Finance

Office of Staff Director for Management

Bank Branches, Domestic 

Chicago 

Comerica Bank, Detroit, Michigan -- to establish branches at 21455 21 Mile Road, 

Macomb Township; 30244 Milford Road, New Hudson; 7505 Dixie Highway, 

Clarkston; 1050 South Latson, Howell; and 45420 Michigan Avenue, Canton. 

- Approved, September 6, 2002 

Kansas City 

Farmers State Bank, Wallace, Nebraska -- to establish a branch at 418 North Dewey 

Street, North Platte. 

- Approved, September 6, 2002 

Minneapolis 

First Interstate Bank, Billings, Montana -- to establish a branch at 101 South 13th Street, 

Laramie, Wyoming. 

- Approved, September 5, 2002 

Kansas City 

The Jackson State Bank & Trust, Jackson, Wyoming -- to establish a branch at 3300 

West Village Drive, Teton Village. 

- Approved, September 3, 2002 

Secretary 

SunTrust Bank, Atlanta, Georgia -- to establish a branch at 5885 Cumming Highway, 

Buford. 

- Approved, September 6, 2002 

Atlanta 

Tennessee State Bank, Pigeon Forge, Tennessee -- to establish a branch at 3307 

Winfield Dunn Parkway, Kodak. 

- Approved, September 5, 2002 

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

Bank Holding Companies 

Atlanta 

Commerce Bancshares, Inc., White Castle, Louisiana -- to become a bank holding 

company through the acquisition of The Bank of Commerce. 

- Withdrawn, September 6, 2002 

Kansas City 

Healthcare Bancorp, Inc., Broken Arrow, Oklahoma -- to become a bank holding 

company through the acquisition of Federal BankCentre. 

- Withdrawn, September 6, 2002 

Minneapolis 

Minnwest Corporation, Minnetonka, Minnesota -- to engage in extending credit and 

servicing loans and leasing personal or real property through its subsidiary, Minnwest 

Finance, Inc., and indirectly through AgriVision Finance Co., Fargo, North Dakota. 

- Approved, September 3, 2002 

Chicago 

Oswego Community Bank Employee Stock Ownership Plan, Oswego, Illinois -- to 

acquire additional shares of Oswego Bancshares, Inc. and thereby acquire additional 

shares of Oswego Community Bank. 

- Approved, September 5, 2002 

Atlanta 

P.C.B. Bancorp, Inc., Largo, Florida -- to merge with Gateway American Bancshares, 

Inc., Fort Lauderdale, and thereby acquire Gateway American Bank of Florida. 

- Approved, September 5, 2002 

St. Louis 

Planters Financial Group, Inc., Hopkinsville, Kentucky -- to acquire City State Bank, 

Martin, Tennessee. 

- Approved, September 6, 2002 

Dallas 

Prosperity Bancshares, Inc., Houston, Texas -- to acquire Southwest Bank Holding 

Company, Dallas, and its subsidiary, Bank of the Southwest of Dallas. 

- Approved, September 5, 2002 

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

Bank Holding Companies 

Director, BS&R 

The South Financial Group, Inc., Greenville, South Carolina, and Carolina First Bank --

relief from a commitment. 

- Granted, September 6, 2002 

Bank Mergers 

Kansas City 

Gold Bank, Leawood, Kansas -- to purchase certain assets and assume certain liabilities 

of branches of Encore Bank, Houston, Texas, at 6000 Mission Road, Fairway, Kansas; 

9529 Antioch Road, Overland Park; 12080 Blue Valley Parkway; and 7500 State Line 

Road, Prairie Village. 

- Approved, September 4, 2002 

Banks, Foreign 

Director, BS&R 

HSBC Holdings plc, London, United Kingdom -- request for termination of a 

commitment in connection with the acquisition of Republic New York Corporation, New 

York, New York. 

- Granted, September 6, 2002 

Banks, Nonmember, And Miscellaneous Institutions 

Director, RBOPS 

CLS Bank International, New York, New York -- request to offer live services to its 

members. 

- Granted, September 5, 2002 

Change In Bank Control 

Minneapolis 

Kingsbury Bank Holding Company, De Smet, South Dakota -- change in bank control. 

- Permitted, September 3, 2002 

Minneapolis 

Old Murry Bancorp, Inc., Cameron, Wisconsin -- change in bank control. 

- Permitted, September 5, 2002 

(AC) = Addition or Correction Delegated - Page 3 of 5 
H.2 Actions under delegated authority September 1, 2002 to September 7, 2002 

Change In Bank Control 

Cleveland 

The Ottoville Bank Company, Ottoville, Ohio -- change in bank control. 

- Permitted, September 3, 2002 

Cleveland 

The Saint Henry Bank, Saint Henry, Ohio -- change in bank control. 

- Permitted, September 3, 2002 

Competitive Factors Reports 

St. Louis 

Allegiant Bank, St. Louis, Missouri -- report on competitive factors of the proposed 

merger with State Bank of Jefferson County, DeSoto. 

- Submitted, September 4, 2002 

Chicago 

Bank One, National Association, Chicago, Illinois -- report on competitive factors of the 

proposed merger with American National Bank and Trust Company of Chicago and 

Bank One, Illinois, National Association, Springfield. 

- Submitted, September 5, 2002 

Chicago 

First Federal Bancshares, Inc., Colchester, Illinois -- report on competitive factors of the 

proposal to merge with PFSB Bancorp, Inc., Palmyra, Missouri, and thereby indirectly 

acquire Palmyra Savings. 

- Submitted, September 3, 2002 

Chicago 

Independent Bank, Bay City, Michigan -- report on competitive factors of the proposed 

purchase of assets and assumption of deposits of the Roger City branch of Northwestern 

Bank, Traverse City. 

- Submitted, September 5, 2002 

(AC) = Addition or Correction Delegated - Page 4 of 5 
H.2 Actions under delegated authority September 1, 2002 to September 7, 2002 

Extensions Of Time 

Richmond 

CNB Bancorp, Inc., Windsor, Virginia -- extension to December 11, 2002, to become a 

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

- Granted, September 6, 2002 

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

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, September 7, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, September 7, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

3a1 Rabobank Nederland, Utrecht, Netherlands, to acquire VIB Newspaper – N/A 

Corp, and Valley Independent Bank, El Centro, California. * Fed Reg – N/A 

* Subject to the Community Reinvestment Act. 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, September 7, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, September 7, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

3(a)(1) Application by Deerfield Bancshares, Inc., Clarksburg, OH to Newspaper – N/Avail 

acquire The Clarksburg Commercial Bank, Clarksburg, OH Fed Reg – 09/16/2002 

pursuant to Section 3(a)(1) of the Bank Holding Company Act.* 

*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 

MIRA The PNC Financial Services Group, Inc., Pittsburgh, PA request 

for management interlock exemption on behalf of Joseph J. 

Whiteside. 
Section V – Availability of CRA public evaluations 

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

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

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

in May 1995. 

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

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

facilities. 

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

The federal bank regulators use the following four performance levels to rate an institution's performance under 

CRA: 

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, September 7, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch CapitalBank, Greenwood, South Carolina, to establish a branch 

at 2520 Wade Hampton Boulevard, Greenville, South Carolina.* 

Newspaper - 09/11/2002 

Branch Bank of McKenney, McKenney, Virginia, to establish a branch 

at 3115 Boulevard, Colonial Heights, Virginia.* 

Newspaper - 09/20/2002 

*Subject to the provisions of the Community Reinvestment Act. 

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

Ending date of 

Type Application comment period 

3(a)(5) First Bancorp, Troy, North Carolina, to merge with Carolina 

Community Bancshares, Inc., Latta, South Carolina.* 

Fed Reg - N/Avail 

Newspaper - N/Avail 

CIC Notice of Change in Control filed by Ralph Mann and Hazel E. 

Mann to increase their ownership position in Union Bankshares, 

Inc., Union, West Virginia, from 8.84% to 10.32% as a result of 

the holding company's planned redemption of shares. 

Fed Reg - 09/23/2002 

Newspaper - 09/10/2002 

*Subject to the provisions of the Community Reinvestment Act. 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

2514547 Southern Community Bank and 06/17/2002 09/05/2002 S X 

Trust Company 

4701 Country Club Road 

Winston-Salem, North Carolina 

27104 

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, September 7, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period

Branch First Commercial Bank of Florida, Orlando, Florida, to establish Newspaper-09/17/2002 

a branch at 1250 Lee Road, Winter Park, Florida.* 

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

located at 320 South Alafaya Trail, Orlando, Florida.* 

Newspaper-09/07/2002 

*Subject to provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

3(a)(5) Financial Corporation of Louisiana, Crowley, Louisiana, to 

merge with Security Acadia Bancshares, Inc., Rayne, Louisiana, 

and thereby directly acquire Rayne State Bank & Trust 

Company, Rayne, Louisiana* 

CIC Twin Cities Financial Services, Inc., Maryville, Tennessee, 

after-the-fact change in control by Joe B. Bruce, Bruce 

Investments, LP; Lean Hicks; Thelma Carter; Chadwick T. 

Hicks; Beth Ann Hicks; Mary Joe Willocks; to retain 16.53 

percent of the outstanding shares of Twin Cities Financial 

Services, Inc., and its subsidiary, Citizens Bank of Blount 

County, both of Maryville, Tennessee. 

Newspaper– 10/01/2002 

Fed Reg – N/Avail 

Newspaper– 09/27/2002 

Fed Reg – N/Avail 

*Subject to 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) Chestatee Bancshares, Inc., Dawsonville, Georgia, proposes an Fed Reg-N/Avail 

after-the-fact notification to engage in financial planning and 

financial product sales, through its 80 percent owned subsidiary, 

Chestatee Financial Services, Inc., Dawsonville, Georgia, 
Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4(c)(8) Chestatee Bancshares, Inc., Dawsonville, Georgia, proposes an Fed Reg-N/Avail 

after-the-fact notification to engage in mortgage loan origination 

through its 80 percent owned subsidiary, Chestatee Residential 

Mortgage, Inc., Dawsonville, Georgia. 

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

Type Application 

3(a)(1) Resource Bankshares, Inc., Mandeville, Louisiana, notice to 

become a bank holding company by acquiring Resource Bank, 

Mandeville, Louisiana. 

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, September 7, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18C & Branches Central Bank, Storm Lake, Iowa, for prior approval to acquire 

through merger Central Bank, Spirit Lake, Iowa and thereby to 

Central Bank, Storm Lake, Iowa, for prior approval to acquire 

through merger Central Bank, Spirit Lake, Iowa.* 

Branch First Community Bank, Harbor Springs, Michigan, to establish a 

branch facility to be located at 930 Spring Street, U.S. 131 

South, Petoskey, Michigan.* 

18C & Branches Johnson Bank, Racine, Wisconsin, to merge with Capital Bank, 

Green Bay, Wisconsin and thereby to establish branches at 455 

Riverdale Drive, Green Bay, Wisconsin and 840 Main Avenue, 

DePere, Wisconsin.* 

Branch Johnson Bank, Racine, Wisconsin, to establish a branch facility 

to be located at 3801 N. Wright Road, Janesville, Wisconsin.* 

Newspaper – N/Avail 

Newspaper – 09/19/2002 

Newspaper – 08/30/2002 

Newspaper – 09/04/2002 

* Subject to the provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

Notice by Ross David Levin, Evanston, Illinois, Louis Jonathon 

Kolom, Lincolnwood, Illinois, Shabsa Abraham Lis, Skokie, 

Illinois, Aaron L. Kolom, Los Angeles, California, Sherwin 

Greenberg, Chicago, Illinois and Arthur Myer Goldrich, Skokie, 

Illinois, to retain control of First Equity Corp., Skokie, Illinois 

and to thereby retain indirect control of 1st Equity Bank, Skokie, 

Illinois. 

Fed Reg – 09/17/2002 

Newspaper – N/Avail 

3(a)(5) Merchants and Manufacturers Bancorporation, Inc., New Berlin, 

Wisconsin and Merchants Merger Corp., New Berlin, 

Wisconsin, to merge with Fortress Bancshares, Inc., Westby, 

Wisconsin and thereby indirectly acquire Fortress Bank of 

Westby, Westby, Wisconsin, Fortress Bank, N.A., Houston, 

Minnesota, and Fortress Bank of Cresco, Cresco, Iowa.* 

Fed Reg – 09/23/2002 

Newspaper- N/Avail 

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

Ending date of 

Type Application comment period 

3(a)(1) SCB Bancorp, Inc., East Lansing, Michigan, to become a bank 

holding company by acquiring 100 percent of Summit 

Community Bank (in organization), East Lansing, Michigan.* 

CIC Notice by Mark B. Richardson and Kimberly A. Richardson to 

acquire control of Wellington Bancorp, Inc., Springfield, 

Illinois. 

CIC Notication filed pursuant to the Change in Bank Control Act of 

1978 by Ramon J. Green, Jacksonville, Illinois, as general 

partner of Green Enterprises, L.P. Jacksonville, Illinois, as 

trustee of the Ramon J. Green Trust, Jacksonville, Illinois, and 

co-trustee of the Beverly J. Green Trust, Jacksonville, Illinois, 

and Beverly J. Green, Jacksonville, Illinois, as co-trustee of the 

Beverly J. Green Trust, to retain control and increase their 

ownership in West Plains Investors, Inc., Pleasant Plains, 

Illinois, and thereby to indirectly retain control and increase 

their ownership in Pleasant Plains State Bank, Pleasant Plains, 

Illinois. 

Fed Reg – 10/04/2002 

Newspaper – N/Avail 

Fed Reg – N/Avail 

Newspaper – 9/20/2002 

Fed Reg – 09/23/2002 

Newspaper – N/Avail 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4(c)(8) Community State Bancorporation, Spencer, Iowa, to proposes to 

engage denovo in extending credit and servicing loans. 

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 

1857087 Royal American Bank 05/13/2002 09/03/2002 S X 

1604 W. Colonial Pkwy 

Inverness, Illinois 60067 

(847) 202-8300 

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, September 7, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4c8 Integra Bank Corporation, Evansville, Indiana, to engage in Fed Reg – N/Avail 

reinsuring optional credit life and credit accident and health 

insurance sold by its banking subsidiary through the acquisition 

of 79 percent of Integra Reinsurance Company, Ltd. Evansville, 

Indiana. 

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

Type Application 

4c8 Allegiant Bancorp, Inc., St. Louis, Missouri, proposes to engage 

in investment advisor activities by acquiring 100 percent of the 

voting shares of Investment Counselors Incorporated, St. Louis, 

Missouri. 
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, September 07, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) & Branch Wadena State Bank, Wadena, Minnesota proposes to merge with Newspaper– N/Avail 

Security State Bank of Deer Creek, Deer Creek, Minnesota and 

incident thereto establish branches in Deer Creek, Minnesota, 

and Bluffton, Minnesota* 

* 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 

4(c)(8) BancMidwest Corporation, St. Paul, Minnesota, proposes to 

acquire 100% of the voting shares of the Mainstreet Mortgage, 

Inc., St. Louis Park, Minnesota. 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

application for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, September 7, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

3(a)(1) Summit Bancshares, Inc., Prescott, Arizona, to become a bank 

holding company through the acquisition of 100 percent of the 

voting shares of Summit Bank, Prescott, Arizona (in 

organization). 

3(a)(3) Central Financial Corporation, Hutchinson, Kansas, to acquire 

25 percent of the voting shares of Summit Bancshares, Inc., 

Prescott, Arizona, parent of Summit Bank, Prescott, Arizona (in 

organization). 

3(a)(3) Adbanc, Inc., Ogallala, Nebraska, to acquire up to 100 percent 

of the voting shares of VBI, Inc., parent of Vista Bank, both of 

Colorado Springs, Colorado. 

CIC Notice by Jason Howard Reed, Dallas, Texas, to acquire control 

of Grant County Bank, Medford, Oklahoma. 

Ending date of 

comment period 

Newspaper - 09/29/2002 

Fed Reg - 09/27/2002 

Newspaper - 09/29/2002 

Fed Reg - 09/27/2002 

Newspaper - N/Available 

Fed Reg - 10/04/2002 

Newspaper - 09/26/2002 

Fed Reg - 09/18/2002 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

S/R Grant County Bank, Medford, Oklahoma, to redeem 126 shares 

of its own voting common stock. 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

309758 Farmers State Bank of Fort Morgan 06/03/2002 09/04/2002 S X 

123 E. Kiowa Avenue 

Fort Morgan, Colorado 80701-2102 

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, September 7, 2002 

Section I – Applications subject to newspaper notice only 

Type Application 

Branch Hale County State Bank, Plainview, TX, to establish a branch 

office at 1145 Junction Highway, Kerrville, TX 78028* 

18(c) Texas State Bank, McAllen, TX, to merge with Texas Country 

Bank, San Juan, TX* 

Branch Texas State Bank, McAllen, TX, to establish branch offices at 

Military Highway and Farm Road 1015, Progreso, TX 78579; 

and 235 West 5th Street, San Juan, TX 78589* 

Ending date of 

comment period 

Newspaper-09/16/2002 

Newspaper-10/03/2002 

Newspaper-10/03/2002 

* Subject to the provisions of the Community Reinvestment Act 

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

Type Application 

3(a)(5) Texas Regional Bancshares, Inc., McAllen, TX, and Texas 

Regional Delaware, Inc., Wilmington, DE, to acquire San Juan 

Bancshares, Inc., San Juan, TX, San Juan Delaware Financial 

Corporation, Inc., Dover, DE, and Texas Country Bank, San 

Juan, TX* 

CIC First La Grange Bancshares, Inc., Employee Stock Ownership 

Plan, La Grange, TX, (Falcon National Bank, San Antonio, TX, 

and National Bank & Trust, La Grange, TX, co-trustees), to 

acquire an interest in First La Grange Bancshares, Inc., La 

Grange, TX (previously reported the week ending August 31, 

2002) 

Ending date of 

comment period 

Fed Reg – 10/07/2002 

Newspaper – 10/03/2002 

Fed Reg – 09/18/2002 

Newspaper – 09/20/2002 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 
Section IV – Applications not subject to Federal Registe r 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, September 7, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) Heritage Bank of Commerce, San Jose, California, to merge with 

Heritage Bank South Valley, Morgan Hill, California.* 

Newspaper – 10/04/2002 

18(c) Heritage Bank of Commerce, San Jose, California, to merge with 

Heritage Bank East Bay, Fremont, California.* 

Newspaper – 09/27/2002 

18(c) Heritage Bank of Commerce, San Jose, California, to merge with 

Bank of Los Altos, Los Altos, California.* 

Newspaper – 10/02/2002 

* Subject to the provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

3(a)(1) Sumitomo Mitsui Financial Group, Inc., Tokyo, Japan, to become 

a bank holding company by acquiring 100 percent of 

Manufacturers Bank, Los Angeles, California.* 

3(a)(1) SunFirst Corporation to become a bank holding company by 

acquiring 100 percent of SunFirst Bank, both of St. George, Utah.* 

CIC Notice by James O. Pohlad, Robert C. Pohlad, and William M. 

Pohlad to increase their ownership in National Mercantile Bancorp, 

Los Angeles, California.* 

CIC Notice by Nagy Family Limited Partnership I, a Washington limited 

partnership, Ferenc Nagy and Susanna Nagy, general partners, to 

acquire 14.68 percent of Viking Financial Services Corporation, 

and thereby indirectly acquire shares of Viking Commercial Bank, 

all of Seattle, Washington.* 

Newspaper – N/Avail 

Fed Reg – 9/23/2002 

Newspaper – 09/30/2002 

Fed Reg – 10/04/2002 

Newspaper – N/Avail 

Fed Reg – 09/27/2002 

Newspaper – 09/20/2002 

Fed Reg – 09/27/2002 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

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

Type Application 

None 

Section V – Availability of CRA public evaluations 

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

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

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

revised in May 1995. 

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

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

facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

697763 Westamerica Bank 04/15/2002 09/03/2002 S X 

4560 Mangeles Blvd. 

Fairfield, CA 94585 

(800) 848-1088 

The above listing has been prepared as a courtesy by the Federal Reserve Bank of San Francisco, and is not intended 

to replace formal notices required by statute or regulation; the Reserve Bank assumes no responsibility for errors or 

omissions. 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None