Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 39

Week Ending September 27, 2003

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions September 21, 2003 to September 27, 2003

Enforcement

United National Corporation, Sioux Falls, South Dakota; First PREMIER Bank; and 

PREMIER Bankcard, Inc. -- written agreement with the Federal Reserve Bank of 

Minneapolis.

- Announced, September 25, 2003 

(AC) = Addition or Correction Board - Page 1 of 1
September 21, 2003 to September 27, 2003

BS&R

C&CA

FOMC

RBOPS

IF

OSDM

Banking Supervision and Regulation

Consumer and Community Affairs

Federal Open Market Committee

Reserve Bank Operations and Payment Systems

International Finance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

Colonial Virginia Bank, Gloucester, Virginia -- to establish a branch at 1578 Greate 

Road, Gloucester Point.

- Approved, September 24, 2003 

Richmond

The F & M Bank and Trust Company, Tulsa, Oklahoma -- to establish a branch at 200 

Crescent Court, Suite 620, Dallas, Texas.

- Withdrawn, September 22, 2003 

Kansas City

Fifth Third Bank, Cincinnati, Ohio -- to establish a branch at 560 Wessel Drive, Fairfield.

- Approved, September 26, 2003 

Cleveland

Fifth Third Bank, Grand Rapids, Michigan -- to establish branches at 175 West Jackson 

Boulevard, Chicago, Illinois; 6131 North Lincoln Avenue; 660 South Rand Road, Lake 

Zurich; and 27910 Woodward Avenue, Royal Oak, Michigan.

- Approved, September 26, 2003 

Cleveland

Fifth Third Bank, Grand Rapids, Michigan -- to establish a branch at 990 South 

Waukegan Road, Lake Forest, Illinois.

- Approved, September 26, 2003 

Cleveland

Fifth Third Bank, Indiana, Indianapolis, Indiana -- to establish branches at 13756 North 

Meridian Street; 1662 Commercial Boulevard, Fishers; and 10215 North Michigan, 

Carmel.

- Approved, September 26, 2003 

Cleveland

(AC) = Addition or Correction Delegated - Page 1 of 9
H.2 Actions under delegated authority September 21, 2003 to September 27, 2003

Bank Branches, Domestic

Five Points Bank, Grand Island, Nebraska -- to establish a branch at 2501Central 

Avenue, Kearney.

- Approved, September 22, 2003 

Kansas City

Home Valley Bank, Cave Junction, Oregon -- to establish a branch at 290 Union 

Avenue, Grants Pass.

- Approved, September 24, 2003 

San Francisco

New Peoples Bank, Inc., Honaker, Virginia -- to establish a branch at 2975 Lee 

Highway, Bristol.

- Approved, September 23, 2003 

Richmond

The Peachtree Bank, Duluth, Georgia -- to establish a branch at 695 Mansell Road, Suite 

110, Roswell.

- Approved, September 23, 2003 

Atlanta

Placer Sierra Bank, Auburn, California -- to establish a branch at the corner of Blue 

Oaks and Lonetree Boulevards, Rocklin.

- Approved, September 25, 2003 

Secretary

RBC Centura Bank, Rocky Mount, North Carolina -- to establish a branch at 2875 PGA 

Boulevard, Palm Beach Gardens, Florida.

- Approved, September 24, 2003 

Secretary

Regions Bank, Birmingham, Alabama -- to establish a branch at 500 North Akard, 

Dallas, Texas.

- Approved, September 26, 2003 

Atlanta

(AC) = Addition or Correction Delegated - Page 2 of 9
H.2 Actions under delegated authority September 21, 2003 to September 27, 2003

Bank Branches, Domestic

Salin Bank and Trust Company, Indianapolis, Indiana -- to establish a branch at 351 

Sagamore Parkway West, West Lafayette.

- Approved, September 26, 2003 

Chicago

The Security State Bank of Pecos, Pecos, Texas -- to establish a branch at 102 West 

Avenue East, Alpine, with a temporary location at 402 East Holland, Suite 200.

- Approved, September 24, 2003 

Dallas

Bank Holding Companies

BancFirst Corporation, Oklahoma City, Oklahoma -- to acquire Lincoln National 

Bancorporation, Inc. and thereby acquire Lincoln National Bank.

- Approved, September 23, 2003 

Kansas City

BankNorth Group, Inc., Portland, Maine -- waiver of application requirement to acquire 

First & Ocean Bancorp, Newburyport, Massachusetts; and for First & Ocean Bancorp's 

subsidiary, First & Ocean National Bank, Seabrook, New Hampshire, to merge with 

BankNorth Group, Inc.'s subsidiary, BankNorth, National Association, Portland, Maine.

- Granted, September 26, 2003 

Secretary

Capitol Bancorp Ltd., Lansing, Michigan -- to acquire shares of First California Southern 

Bancorp, Escondido, California, and thereby acquire Bank of Escondido, a de novo 

bank; and for First California Southern Bancorp to become a bank holding company 

through the acquisition of shares of Bank of Escondido.

- Approved, September 26, 2003 

Chicago

Capitol City Bancshares, Inc., Atlanta, Georgia -- to retain Capitol City Home Loans, 

Inc. and thereby continue to engage de novo in making, acquiring, brokering, or servicing 

loans or other extensions of credit.

- Approved, September 25, 2003 

Atlanta

(AC) = Addition or Correction Delegated - Page 3 of 9
H.2 Actions under delegated authority September 21, 2003 to September 27, 2003

Bank Holding Companies

Dunn Investment Co., Manchester, Iowa -- to engage in investment advisory and 

brokerage services.

- Approved, September 24, 2003 

Chicago

Floridian Community Holdings, Inc., Davie, Florida -- to become a bank holding 

company through the acquisition of Floridian Community Bank, Inc.

- Withdrawn, September 25, 2003 

Atlanta

Freedom Bancshares, Inc., Commerce, Georgia -- to become a bank holding company 

through the acquisition of Freedom Bank of Georgia, a de novo bank.

- Approved, September 22, 2003 

Atlanta

Prosperity Bancshares, Inc., Houston, Texas -- to acquire by merger MainBancorp, Inc., 

Austin, and indirectly acquire Main Bank, National Association, Dallas.

- Approved, September 23, 2003 

Dallas

Signature Bancshares, Minnetonka, Minnesota -- to become a bank holding company 

through the acquisition of Signature Bank.

- Approved, September 25, 2003 

Minneapolis

Sinopac Bancorp, Los Angeles, California; Sinopac Bank, Taipei, Taiwan; and Sinopac 

Holdings -- to acquire FENB Securities, Inc., Alhambra, California, and thereby engage 

in broker-dealer activities.

- Withdrawn, September 25, 2003 

San Francisco

(AC) = Addition or Correction Delegated - Page 4 of 9
H.2 Actions under delegated authority September 21, 2003 to September 27, 2003

Bank Mergers

Baylake Bank, Sturgeon Bay, Wisconsin -- to acquire the assets and assume the liabilities 

of the branch of M&I Marshall & Ilsley Bank, Milwaukee, at 1334 Ellis Street, 

Kewaunee.

- Approved, September 22, 2003 

Chicago

Citizens State Bank of Arlington, Arlington, South Dakota -- to merge with First State 

Bank of Sinai, Sinai, and thereby establish a branch on Main Street.

- Approved, September 25, 2003 

Minneapolis

Rolling Hills Bank & Trust, Atlantic, Iowa -- to purchase the assets and assume the 

liabilities of the Walnut and Atlantic branches of American Interstate Bank, Manning, and 

thereby establish branches at 10 West 6th Street, Atlantic, and 300 Antique City Drive, 

Walnut.

- Approved, September 26, 2003 

Chicago

Southwest Bank of St. Louis, St. Louis, Missouri -- to merge with Southwest Bank, 

Belleville, Illinois, and thereby establish a branch at 2 Carlyle Park Drive.

- Approved, September 25, 2003 

Chicago

Bank Premises

Citizens Bank & Trust Company, Okmulgee, Oklahoma -- to increase its investment in 

bank premises.

- Approved, September 24, 2003 

Secretary

Citizens Security Bank & Trust Company, Bixby, Oklahoma -- to increase its investment 

in bank premises and establish a branch at 3601 West Kenosha, Broken Arrow.

- Approved, September 25, 2003 

Secretary

(AC) = Addition or Correction Delegated - Page 5 of 9
H.2 Actions under delegated authority September 21, 2003 to September 27, 2003

Change In Bank Control

Camargo Financial Company, Inc., Camargo, Oklahoma -- change in bank control.

- Returned, September 25, 2003 

Kansas City

Peoples Bancshares, Inc., Kansas City, Missouri -- change in bank control.

- Permitted, September 23, 2003 

Kansas City

Competitive Factors Reports

BancFirst, Oklahoma City, Oklahoma -- report on competitive factors of the proposed 

acquisition of certain assets and assumption of certain liabilities of the Hobart and Lone 

Wolf branches of Gold Bank, Hennessey.

- Submitted, September 24, 2003 

Kansas City

Bank of America, National Association, Charlotte, North Carolina -- report on 

competitive factors of the proposed merger with its subsidiaries, Banc of America 

Specialty Finance, Inc.; Sea Ray Credit Corporation; Winnebago Acceptance 

Corporation; and Fleetwood Credit Corporation.

- Submitted, September 23, 2003 

Richmond

Bank of Stockton, Stockton, California -- report on competitive factors of the proposed 

merger with Modesto Commerce Bank, Modesto.

- Submitted, September 23, 2003 

San Francisco

Century Bank, National Association, New Boston, Texas -- report on competitive 

factors of the proposed acquisition of the branch of Guaranty Bank, Dallas, at 202 North 

Louise, Atlanta.

- Submitted, September 26, 2003 

Dallas

(AC) = Addition or Correction Delegated - Page 6 of 9
H.2 Actions under delegated authority September 21, 2003 to September 27, 2003

Competitive Factors Reports

First Bank, Troy, North Carolina -- report on competitive factors of the proposed 

acquisition of certain North Carolina branches of RBC Centura Bank, Rocky Mount.

- Submitted, September 26, 2003 

Secretary

Franklin Bank, S.S.B., Austin, Texas -- report on competitive factors of the proposed 

merger with Jacksonville Savings Bank, SSB, Jacksonville.

- Submitted, September 26, 2003 

Dallas

Park National Bank and Trust of Chicago, Chicago, Illinois -- report on competitive 

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

liabilities of the Maywood branch of Continental Community Bank and Trust Company, 

Aurora.

- Submitted, September 24, 2003 

Chicago

Simmons First National Bank of Pine Bluff, Pine Bluff, Arkansas -- report on competitive 

factors of the proposed purchase and assumption of nine branches of Union Planters 

Bank, N.A., Memphis, Tennessee.

- Submitted, September 26, 2003 

St. Louis

Sterling Bank, Houston, Texas -- report on competitive factors of the proposed merger 

with Plaza Bank, San Antonio.

- Submitted, September 26, 2003 

Dallas

United Community Bank, Murphy, North Carolina -- report on competitive factors of the 

proposed acquisition of the Robbinsville, Bakersfield, and Newland branches of RBC 

Centura Bank, Rocky Mount.

- Submitted, September 26, 2003 

Secretary

(AC) = Addition or Correction Delegated - Page 7 of 9
H.2 Actions under delegated authority September 21, 2003 to September 27, 2003

Extensions Of Time

First Charter Bank, Charlotte, North Carolina -- extension to April 25, 2004, to establish 

a branch at 16719 Birkdale Commons Parkway, Huntersville.

- Granted, September 22, 2003 

Richmond

IberiaBank, New Iberia, Louisiana -- extension to July 7, 2004, to establish a branch at 

4909 Prytania Street, New Orleans.

- Granted, September 24, 2003 

Atlanta

Mercantile Bankshares Corporation, Baltimore, Maryland -- extension to January 8, 

2004, to acquire F&M Bancorp, Frederick, and thereby acquire Farmers & Mechanics 

Bank; and for Farmers & Mechanics Bank to merge with Fredericktown Bank & Trust 

Company and acquire certain assets and assume certain liabilities of the Mount Airy 

branch of Westminster Union Bank, Westminster.

- Granted, September 25, 2003 

Richmond

Nevada First Bank, Las Vegas, Nevada -- extension to September 23, 2004, to 

establish a branch at 9930 South Eastern Avenue, Henderson.

- Granted, September 22, 2003 

San Francisco

SunTrust Bank, Atlanta, Georgia -- extension to May 18, 2004, to establish a branch at 

405 Manning Road East, Accokeek, Maryland.

- Granted, September 24, 2003 

Atlanta

Unionbank, Streator, Illinois -- extension to October 23, 2004, to establish a branch at 

208 East Veteran's Parkway, Yorkville.

- Granted, September 25, 2003 

Chicago

(AC) = Addition or Correction Delegated - Page 8 of 9
H.2 Actions under delegated authority September 21, 2003 to September 27, 2003

Financial Holding Companies

Peoples Bancorp, Rock Valley, Iowa -- election to become a financial holding company.

- Effective, September 22, 2003 

Chicago

Membership

The Bevans State Bank of Menard, Menard, Texas -- to become a member of the 

Federal Reserve System.

- Approved, September 25, 2003 

Dallas

Congressional Bank, Potomac, Maryland -- to become a member of the Federal Reserve 

System.

- Approved, September 25, 2003 

Richmond

First American Bank, Carpentersville, Illinois -- to withdraw from membership in the 

Federal Reserve System.

- Approved, September 22, 2003 

Chicago

(AC) = Addition or Correction Delegated - Page 9 of 9
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, September 27, 2003

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) South Shore Bancorp, MHC and South Shore Bancorp, Inc., 

both of South Weymouth, Massachusetts - to form a two-tier 

mutual holding company form of organization through the 

acquisition of South Shore Savings Bank, South Weymouth, 

Massachusetts and Horizon Bank and Trust Company, Braintree, 

Massachusetts

Newspaper - 10/23/2003

Fed Reg – 10/24/2003

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 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, September 27, 2003

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

4C8 Credit Agricole S.A., and SAS Rue la Boetie, both of Paris, 

France, to engage in certain lending, investment advisory and 

futures commission merchange activities through the U.S. 

subsidiaries of Credit Lyonnais S.A., Paris, France.

Fed Reg – 10/14/2003

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 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, September 27, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Landmark Community Bank, Pittston City, PA, to establish a 

branch office located at 1318-1320 Wyoming Avenue, Borough 

of Forty Fort, PA

Newspaper – 10/08/2003

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

Type Application

Ending date of

comment period

3(a)3 National Penn Bancshares, Inc., Boyertown, PA, to acquire 

21% of the voting shares of The Pennsylvania State 

Banking Company Camp Hill, PA.

Newspaper – N/Avail 

Fed Reg – 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

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, September 27, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Application by Fifth Third Bank, Indiana, Indianapolis, IN., to 

establish a branch at 6026 Lima Road, Fort Wayne, IN.

Newspaper – 09/27/2003

Branch Application by Fifth Third Bank, Indiana, Indianapolis, IN., to 

establish a branch at 6131 Rothman Road, Fort Wayne, IN.

Newspaper – 09/27/2003

Branch Application by Sky Bank, Salineville, Ohio, to establish a 

branch at 215 Three Springs Drive, Weirton, WV.

Newspaper – 09/24/2003

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

Type Application

Ending date of

comment period

3(a)(1) Application by Town Square Financial Corporation, Ashland, 

KY., to acquire Town Square Bank, Inc., Ashland, KY.

Newspaper – N/Avail 

Fed Reg – N/Avail

3(a)(3) Application by S&T Bancorp, Inc., Indiana, PA., to acquire up 

to 9.9% of the outstanding voting shares of IBT Bancorp, Inc., 

Irwin, PA.

Newspaper – N/Avail 

Fed Reg – N/Avail

3(a)(5) Application by PNC Financial Services Group, Inc., Pittsburgh,

PA., to acquire United National Bancorp, Bridgewater, NJ., and 

its subsidiary bank, United Trust Bank, Bridgewater, NJ

Newspaper – 10/16/2003

Fed Reg – 10/17/2003

3(a)(5) Application by First Commonwealth Financial Corporation,

Indiana, PA., to acquire Pittsburgh Financial Corp., and its

subsidiary, Pittsburgh Savings Bank, both of Wexford, PA.

Newspaper – N/Avail 

Fed Reg – N/Avail

4(c)(8) Application by Colonial Banc Corp., Eaton, OH., to acquire The 

Oculina Bank, fort Pierce, FL.

Newspaper – N/Avail 

Fed Reg – 10/17/2003
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 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, September 27, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Central Virginia Bank, Powhatan, Virginia, to establish a 

branch at 2500 Promenade Parkway, Midlothian, Virginia.*

Newspaper – 10/02/2003

Branch First Capital Bank, Glen Allen, Virginia, to operate a mobile 

branch by providing a courier service to pick up non-cash 

deposits from business customers at locations in the city of 

Richmond, Virginia, and in the counties of Henrico, Hanover, 

and Chesterfield.*

Newspaper – 10/06/2003

*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

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

18836 Capon Valley Bank

2 West Main Street

Wardensville, West Virginia 26851

07/07/2003 09/21/2003 O X

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 27, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Bank of St. Petersburg, St. Petersburg, Florida, to establish a 

branch located at 4105 North Himes Avenue, Tampa, Florida.* 

Newspaper-09/28/2003

Branch Orion Bank, Naples, Florida, to establish a branch located at 428 

Tamiami Trail North, Naples, Florida.*

Newspaper-10/06/2003

Branch Orion Bank, Naples, Florida, to establish a branch located at 

13260 Plantation Road, Fort Myers, Florida.*

Newspaper-10/06/2003

*Subject to 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) Community Bank of Georgia, Inc., Baxley, Georgia, to become 

a bank holding company by acquiring Community Bank of 

Georgia, Baxley, Georgia (in organization).*

Newspaper-10/27/2003

Fed Reg-N/Avail

Subject to 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

3048861 Riverside Bank of Central Florida

401 South Semoran Boulevard

Winter Park, Florida 32792

(407) 671-4500

02/24/2003 09/22/2003 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, September 27, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Royal American Bank, Inverness, Illinois, to establish a branch 

facility to be located at 1730 Park Street, Naperville, Illinois.*

Newspaper – 09/17/2003

Branch State Bank of Howards Grove, Howards Grove, Wisconsin, to 

establish a branch facility to be located at 1609 Spring Street, 

Beaver Dam, Wisconsin*

Newspaper – 10/02/2003

* 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) Northwest Financial Corp., Spencer, Iowa, to acquire 100 

percent of the voting shares of First Heartland Bancorp., Sioux 

Center, Iowa, and thereby indirectly acquire First National Bank 

of Sioux Center, Sioux Center, Iowa.*

Fed Reg – 10/14/2003

Newspaper – 10/17/2003

* 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

Membership Linn County State Bank, Coggon, Iowa, 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 Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

919241 Central Bank

160 W. Main Street

Russiaville, Indiana 46979

(765) 883-5501

10/28/2002 09/25/2003 S X

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 27, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

5D3 & Branch Arvest Bank, Fayetteville, Arkansas, to merge with Superior 

Bank, F.S.B., Fort Smith, Arkansas, and to retain the acquired 

facilities as branch offices.*

Newspaper – N/Avail

Branch Southern Bank of Commerce, Paragould, Arkansas, to establish 

a branch facility at 1000 North Main, Leachville, Arkansas.*

Newspaper – 08/06/2003

* 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

3A1 Citizens Bancshares of Sparta, Inc., Sparta, Missouri, to become 

a bank holding company by acquiring 100 percent of The 

Citizens Bank of Sparta, Sparta, Missouri.*

Newspaper – N/Avail

Fed Reg – N/Avail

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

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, September 27, 2003

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 Change in control notice by Robert M. Weiss, Shorewood, 

Minnesota, to acquire control of Excelsior Financial Services, 

Inc., Shorewood, Minnesota, and thereby indirectly acquire 

control of Beacon Bank, Shorewood, Minnesota.

Fed Reg- 10/15/2003

Newspaper – 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

Other Retroactive Request from The State Bank of Ewen, Ewen, 

Michigan, to engage in community development 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

223751 Belt Valley Bank, Belt Montana 06/09/2003 09/23/2003 S X

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 27, 2003

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) Liberty First Bancshares, Inc., Liberty, Missouri, to 

become a bank holding company through the acquisition of 

100 percent of the voting shares of Liberty First Bank, 

Liberty, Missouri (in organization). 

Newspaper - 10/11/2003

Fed Reg - 10/10/2003

3(a)(3) Country Bancshares, Inc., Jamesport, Missouri, to acquire 

up to 14.9 percent of the voting shares of Liberty First 

Bancshares, Inc., Liberty, Missouri, parent of Liberty First 

Bank, Liberty, Missouri (in organization). 

Newspaper - 10/11/2003

Fed Reg - 10/10/2003

3(a)(3) First Capital Corporation, Fort Scott, Kansas, to acquire 

100 percent of the voting shares of Centerville State Bank, 

Centerville, Kansas.

Newspaper - 08/30/2003

Fed Reg - 10/24/2003

3(a)(3) First Centralia Bancshares, Inc., Centralia, Kansas, to 

directly acquire up to 14.33 percent of the voting shares of 

Century Capital Financial, Inc., Kilgore, Texas, parent of 

Century Capital Financial-Delaware, Inc., Wilmington, 

Delaware, parent of City National Bank, Kilgore, Texas.

Newspaper - 10/17/2003 

Fed Reg - 10/24/2003

3(a)(3) First Centralia Bancshares, Inc., Centralia, Kansas, to 

indirectly acquire up to 35.80 percent of the voting shares 

of Century Capital Financial, Inc., Kilgore, Texas, held 

through Morrill Bancshares, Inc., Merriam, Kansas.

Newspaper - 10/17/2003

Fed Reg - 10/24/2003
Section II – Applications subject to both newspaper and Federal Register notice

3(a)(3) First Centralia Bancshares, Inc., Centralia, Kansas, to 

indirectly acquire 14.33 percent of the voting shares held 

through Morrill Bancshares, Inc., Merriam, Kansas, 

interest in FBC Financial Corporation, Claremore, 

Oklahoma.

Newspaper - 10/17/2003

Fed Reg - 10/24/2003

3(a)(3) Morrill Bancshares, Inc., Merriam, Kansas, to directly 

acquire up to 35.80 percent of the voting shares of Century 

Capital Financial, Inc., Kilgore, Texas, parent of Century 

Capital Financial-Delaware, Inc., Wilmington, Delaware, 

parent of City National Bank, Kilgore, Texas.

Newspaper - 10/17/2003

Fed Reg - 10/24/2003

3(a)(3) Morrill Bancshares, Inc., Merriam, Kansas, to indirectly 

acquire up to 14.33 percent of the voting shares of Century 

Capital Financial, Inc., Kilgore, Texas, through FBC 

Financial Corporation, Claremore, Oklahoma. 

Newspaper - 10/17/2003

Fed Reg - 10/24/2003

3(a)(3) Davis Bancorporation, Inc., Davis, Oklahoma, to directly 

or indirectly acquire up to 17.90 percent of the voting 

shares of Century Capital Financial, Inc., Kilgore, Texas, 

parent of Century Capital Financial-Delaware, Inc., 

Wilmington, Delaware, parent of City National Bank, 

Kilgore, Texas.

Newspaper - 10/17/2003

Fed Reg - 10/24/2003

4(c)(8) First Central Bancshares, Inc., Centralia, Kansas, to 

indirectly acquire up to 41.34 percent of FBC Financial 

Corporation, Claremore, Oklahoma, parent of 1st Bank 

Oklahoma, Claremore, Oklahoma, held through Morrill 

Banchsares, Inc., Merriam, Kansas. 

Newspaper - 10/17/2003

Fed Reg - 10/24/2003

4(c)(8) Morrill Bancshares, Inc., to directly acquire up to 41.34 

percent of the voting shares of FBC Financial Corporation, 

Claremore, Oklahoma, parent of 1st Bank Oklahoma, 

Claremore, Oklahoma.

Newspaper - 10/17/2003

Fed Reg - 10/24/2003

4(c)(8) Davis Bancorporation, Inc., Davis, Oklahoma, to directly 

acquire up to 13.78 percent of the voting shares of FBC 

Financial Corporation, Claremore, Oklahoma, parent of 1st 

Bank Oklahoma, Claremore, Oklahoma.

Newspaper - 10/17/2003

Fed Reg - 10/24/2003

CIC Notice by Gregg Stephen Ward and Susan Annette Ward, 

both of Leedey, Oklahoma, to acquire control of Camargo 

Financial Company, Inc., parent of First State Bank, both 

in Camargo, Oklahoma. 

Newspaper - N/Avail 

Fed Reg - 10/14/2003

CIC Notice by James C. Lewien, Centennial, Colorado, as cotrustee of the Kenneth J. Freund Irrevocable Trust to retain 

control of Commerce Bankshares, Inc., Aurora, Colorado, 

parent of Commerce Bank, Aurora, Colorado. 

Newspaper - N/Avail 

Fed Reg - 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

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

966656 Bank of Commerce

101 E. Broadway

Wetumka, Oklahoma 74883-4504

06/23/2003 09/22/2003 S X

463650 Adams Bank & Trust Company

315 N. Spruce Street

Ogallala, Nebraska 69153-2517

06/16/2003 09/25/2003 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, September 27, 2003

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) Grant Bancshares, Inc., Natchitoches, LA, to acquire The Bank 

of Montgomery, Montgomery, LA* (previously reported the 

week ending September 20, 2003)

Fed Reg – 10/23/2003

Newspaper – 10/19/2003

* 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 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, September 27, 2003

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) Humboldt Bancorp, Roseville, California, to merge with 

California Independent Bancorp, Yuba City, California, and 

thereby indirectly acquire Feather River State Bank, Yuba City, 

California.*

Newspaper – N/Avail

Fed Reg – 10/23/2003

3(a)(5) Western Sierra Bancorp, Cameron Park, California, to merge 

with Auburn Community Bancorp, Auburn, California, and 

thereby indirectly acquire Auburn Community Bank, Auburn, 

California.*

Newspaper – 10/22/2003

Fed Reg – 10/23/2003

* 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

657365 Hanmi Bank

3660 Wilshire Blvd. 

Penthouse, Suite A

Los Angeles, CA 90010-2706

(213) 382-2200

07/07/2003 09/25/2003 O X

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