Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 38 

Week Ending September 21, 2002 

Board of Governors of the Federal Reserve System, Washington, DC 20551 
H.2 Board Actions September 15, 2002 to September 21, 2002 

Forms 

Forms -- to extend, without revision, the Consumer Satisfaction Questionnaire (FR 

1379); Disclosure Requirements in Connection with Regulation CC to Implement the 

Expedited Funds Availability Act (Reg CC); extend, with revision, the Applications for 

Membership in the Federal Reserve System (FR 2083, 2083A, 2083B, and 2083C), 

Domestic Finance Company Report of Consolidated Assets and Liabilities (FR 2248), 

Notifications Related to Community Development and Public Welfare Investments of 

State Member Banks (FR H-6), International Applications and Prior Notifications Under 

Subpart B of Regulation K (FR K-2), Application for a Foreign Organization to Become 

a Bank Holding Company (FR Y-1f); extend, with minor clarifications, the Applications 

for Subscription to, Adjustment in Holding of, and Cancellation of Federal Reserve Bank 

Stock (FR 2030, 2030a, 2056, 2086, 2086a, and 2087); and implement the Quantitative 

Impact Study (FR 3045). 

- Approved, September 17, 2002 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority September 15, 2002 to September 21, 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 

Richmond 

CapitalBank, Greenwood, South Carolina -- to establish a branch at 2520 Wade 

Hampton Boulevard, Greenville. 

- Approved, September 16, 2002 

Cleveland 

Fifth Third Bank, Grand Rapids, Michigan -- to establish a branch at 630 North Western 

Avenue, Lake Forest, Illinois. 

- Approved, September 18, 2002 

Dallas 

Hale County State Bank, Plainview, Texas -- to establish a branch at 1145 Junction 

Highway, Kerrville. 

- Approved, September 19, 2002 

Bank Holding Companies 

Minneapolis 

BancMidwest Corporation, St. Paul, Minnesota -- to acquire shares of Mainstreet 

Mortgage Corporation, St. Louis Park. 

- Approved, September 17, 2002 

Philadelphia 

Caixa Geral De Depositos, S.A., Lisbon, Portugal, and CGD USA Holding Company, 

Inc., New York, New York -- to become bank holding companies through the 

acquisition of shares of Crown Bank, National Association, Ocean City, New Jersey. 

- Approved, September 17, 2002 

(AC) = Addition or Correction Delegated - Page 1 of 6 
H.2 Actions under delegated authority September 15, 2002 to September 21, 2002 

Bank Holding Companies 

Director, BS&R 

Comerica Incorporated, Detroit, Michigan; The Bank of New York Company, Inc., 

New York, New York; HSBC USA Inc.; J.P. Morgan Chase & Co.; HSBC North 

America, Inc., Buffalo; HSBC Holdings plc, London, England; HSBC Finance 

(Netherlands); HSBC Holdings BV, Amsterdam, Netherlands; First Union Corporation, 

Charlotte, North Carolina; and FleetBoston Financial Corporation, Boston, 

Massachusetts -- relief from certain commitments in connection with their ownership 

interest in NYCE Corporation, Woodcliff Lake, New Jersey. 

- Granted, September 17, 2002 

Cleveland 

Deerfield Bancshares, Inc., Clarksburg, Ohio -- to become a bank holding company 

through the acquisition of The Clarksburg Commercial Bank. 

- Approved, September 20, 2002 

Kansas City 

Atlanta 

Atlanta 

Atlanta 

First Centralia Bancshares, Inc., Centralia, Kansas -- to acquire shares of Morrill 

Bancshares, Inc., Sabetha, Kansas, and thereby acquire indirect interests in all its current 

and proposed interests and for First Centralia Bancshares to acquire additional shares of 

Century Capital Financial, Inc., Kilgore, Texas. 

- Approved, September 18, 2002 

GB&T Bancshares, Inc., Gainesville, Georgia -- to acquire Home Town Bank of Villa 

Rica, Villa Rica. 

- Withdrawn, September 19, 2002 

Landmark Financial Holding Company, Sarasota, Florida -- to engage indirectly in 

originating, processing, and closing residential mortgage loans for sale in the secondary 

market through Landmark Mortgage of Florida. 

- Approved, September 20, 2002 

MCB Financial Group, Inc., Carrollton, Georgia -- to become a bank holding company 

through the acquisition of McIntosh Commercial Bank. 

- Approved, September 16, 2002 

(AC) = Addition or Correction Delegated - Page 2 of 6 
H.2 Actions under delegated authority September 15, 2002 to September 21, 2002 

Bank Holding Companies 

Kansas City 

Morrill Bancshares, Inc., Sabetha, Kansas -- to merge with Morrill & Janes Bancshares, 

Inc., Hiawatha, and Onaga Bancshares, Inc., Merriam; for Morrill Bancshares' 

subsidiary, Morrill State Bank & Trust Company, Sabetha, to merge with the acquired 

companies' subsidiaries, Morrill & Janes Bank & Trust Company, Hiawatha, and The 

First National Bank of Onaga, Onaga; for Morrill Bancshares thereby to acquire direct 

and indirect interests in Century Capital Financial, Inc., Kilgore, Texas, and FBC 

Financial Corporation, Claremore, Oklahoma; and for Morrill Bancshares to acquire First 

Trust Company of Onaga, National Association, Onaga, Kansas, and thereby engage in 

trust company functions. 

- Approved, September 18, 2002 

San Francisco 

New Met Financial Corporation, Oakland, California -- to become a bank holding 

company through the acquisition of Met Financial Corporation and its subsidiary, 

Metropolitan Bank. 

- Approved, September 19, 2002 

Director, BS&R 

Riggs National Corporation, Washington, D.C. -- relief from commitments in connection 

with its ownership interest in Honor Technologies, Maitland, Florida, an electronic funds 

transfer network. 

- Granted, September 20, 2002 

Richmond 

Transcommunity Bankshares Incorporated, Richmond, Virginia -- to acquire shares of 

Bank of Goochland, National Association, Goochland, a de novo bank. 

- Approved, September 20, 2002 

Dallas 

Western Financial of Texas, Inc., Wilmington, Delaware -- to become a subsidiary 

holding company of Western Bancshares, Inc., Van Horn, Texas, by acquiring all the 

shares of Van Horn State Bank. 

- Registration granted, September 20, 2002 

(AC) = Addition or Correction Delegated - Page 3 of 6 
H.2 Actions under delegated authority September 15, 2002 to September 21, 2002 

Banks, Nonmember, And Miscellaneous Institutions 

Director, BS&R 

NYCE Corporation, Woodcliff Lake, New Jersey -- relief from certain commitments. 

- Granted, September 17, 2002 

Change In Bank Control 

New York 

BNB Financial Services Corporation, New York, New York -- change in bank control. 

- Returned, September 20, 2002 

Minneapolis 

Minnwest Corporation, Minnetonka, Minnesota -- change in bank control. 

- Permitted, September 17, 2002 

Atlanta 

The Southern Bancorp, Inc. Employee Stock Ownership Plan, Marietta, Georgia --

change in bank control. 

- Permitted, September 20, 2002 

Competitive Factors Reports 

Kansas City 

CornerBank, National Association, Winfield, Kansas -- report on competitive factors of 

the proposed merger with Cornerstone Credit Company. 

- Submitted, September 17, 2002 

Atlanta 

First Alliance Bank, Jacksonville, Florida -- report on competitive factors of the 

proposed purchase of certain assets and assumption of certain liabilities of the Everbank 

division of Wilmington Savings Fund Society, FSB, Wilmington, Delaware. 

- Submitted, August 6, 2002 (AC) 

Richmond 

First Community Bank, National Association, Bluefield, Virginia -- report on competitive 

factors of the proposed merger with Bank of Greenville, Greenville, West Virginia. 

- Submitted, September 19, 2002 

(AC) = Addition or Correction Delegated - Page 4 of 6 
H.2 Actions under delegated authority September 15, 2002 to September 21, 2002 

Competitive Factors Reports 

Secretary 

First National Bank, Sweetwater, Texas, Sweetwater, Texas -- report on competitive 

factors of the proposed acquisition of the Trent branch of State National Bank of West 

Texas, Lubbock. 

- Submitted, September 16, 2002 

Kansas City 

Heritage Bank, Wood River, Nebraska -- report on competitive factors of the proposed 

merger with Heritage Bank, National Association, Doniphan. 

- Submitted, September 17, 2002 

Kansas City 

Patriots Bank, Garnett, Kansas -- report on competitive factors of the proposed 

purchase of certain assets and assumption of certain liabilities of the Gardner branch of 

Intrust Bank, National Association, Wichita. 

- Submitted, September 17, 2002 

New York 

SBU Bank, Utica, New York -- report on competitive factors of the proposed 

acquisition of certain assets and assumption of certain liabilities of the Herkimer County 

Trust Company, Little Falls. 

- Submitted, September 20, 2002 

Extensions Of Time 

Atlanta 

F.N.B. Corporation, Naples, Florida -- extension to January 4, 2003, to acquire shares 

of Sun Bancorp, Inc., Selinsgrove, Pennsylvania, and indirectly acquire its subsidiary, Sun 

Bank. 

- Granted, September 19, 2002 

(AC) = Addition or Correction Delegated - Page 5 of 6 
H.2 Actions under delegated authority September 15, 2002 to September 21, 2002 

Extensions Of Time 

Dallas 

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

Dover, Delaware -- extension to January 1, 2003, to increase its ownership interest in 

Longview Financial Corporation, Longview, Texas, and thereby indirectly retain 

ownership of Longview Delaware Corporation, Dover, and its banking subsidiaries, 

Longview Bank and Trust Company, Longview, Texas, and First State Bank, Van. 

- Granted, September 19, 2002 

Dallas 

Texas State Bank, McAllen, Texas -- extension to October 2, 2003, to establish a 

branch at 2314 West University Drive, Edinburg. 

- Granted, September 18, 2002 

Financial Holding Companies 

Kansas City 

Bankers Bancorp of Oklahoma, Inc., Oklahoma City, Oklahoma -- election to become a 

financial holding company. 

- Effective, September 17, 2002 

New York 

Eurobancshares, Inc., Hato Rey, Puerto Rico -- to be treated as a financial holding 

company. 

- Effective, September 19, 2002 

Atlanta 

First Bank of Miami Shares, Inc., Miami, Florida -- election to become a financial holding 

company. 

- Effective, September 12, 2002 (AC) 

San Francisco 

Great Basin Financial Corporation, Elko, Nevada -- election to become a financial 

holding company. 

- Effective, September 17, 2002 

(AC) = Addition or Correction Delegated - Page 6 of 6 
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, September 21, 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 21, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

BKBRX First Tier Bank & Trust, Salamanca, New York to establish a Newspaper 

branch office at 284 East Fairmount Avenue, Lakewood, NY. 10/07/2002 

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 need s 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 B ank. 

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 21, 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 21, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) Branch Application by Sand Ridge Bank, Highland, IN to merge with The 

National Bank of Hastings, Hastings, MI pursuant to Section 18(c) 

of the Federal Deposit Act and incident thereto establish branch 

facilities.* 

Newspaper - 10/17/2002 

18(c) Branch Application by Sand Ridge Bank, Highland, IN to merge with The 

Bright National Bank, Flora, IN, and inciden thereto establish 

branch facilities.* 

Newspaper - 10/17/2002 

*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 

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. 

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 

58225 Farmers Bank and Savings Company 07/08/2002 09/16/2002 S 

221 West Second Street 

Pomeroy. Ohio 45768 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 

X 
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, September 21, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch The Page Valley Bank, Luray, Virginia, to establish a branch at Newspaper - 09/29/2002 

9972 Spotswood Trail, McGaheysville, Virginia.* 

*Subject to the provisions of the Community Reinvestment Act. 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

of the communit ies 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 depos itory 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 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, September 21, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Citizens Trust Bank, Atlanta, Georgia, to acquire certain assets 

and assume certain liabilities of Citizens Federal Savings Bank, 

Birmingham, Alabama.* 

Branch IberiaBank, New Iberia, Louisiana, to establish a branch located 

at 4909 Pryta nia Street, New Orleans, Louisiana, to be known as 

the Prytania Branch.* 

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

located at 10205 West Hillsborough Avenue, Tampa, Florida, to 

be known as the Tampa Shores B ranch.* 

Newspaper - N/Avail 

Newspaper - 10/01/2002 

Newspaper - 9/17/2002 

*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.* 

3(a)(3) NW Services Corporation, Ri nggold, Georgia, to acquire The 

Bank of Sharon, Sharon, Tennessee.* 

3(a)(3) Putnam-Greene Financial Corporation, Eatonton, Georgia, to 

acquire The Citizens Bank of Cochran, Cochran, Georgia.* 

CIC St. Martin Bancshares, Inc., St. Martinville, Louisiana, prior 

change in control notice by Mr. Emile Joseph Barras to acquire 

an additional 4.26 percent of the outstanding shares of St. 

Martin Bancshares, Inc., and its subsidiary, St. Martin Bank & 

Trust Company, both of St. Martinville, Louisiana. Total 

ownership will equal 12.69 percent.* 

Newspaper-10/01/2002 

Fed Reg-10/07/2002 

Newspaper-09/06/2002 

Fed Reg-09/09/2002 

Newspaper-10/07/2002 

Fed Reg-10/21/2002 

Newspaper-10/08/2002 

Fed Reg-10/08/2002 
Section II – Applications subject to both newspaper and Federal Register notice 

Ending date of 

Type Application comment period 

CIC Twin Cities Financial Services, Inc., Maryville, Tennessee, Newspaper-09/27/2002 

after-the-fact change in control by J oe B. Bruce; Bruce Fed Reg-09/27/2002 

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

Hicks; Beth Ann Hicks; Mary Joe Willocks; to retain 19.79 

percent of the outstanding shares of Twin Cities Financial 

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

County, both of Maryville, Tennessee.* 

*Subject to provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

WAIVR Application waiver request by Citizens Bancshares Corporation, 

Atlanta, Georgia, of the proposed acquisition of CFS 

Bancshares, Inc., and its subsidiary, Citizens Federal Savings 

Bank, both of Birmingham, Alabama. 
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 e ach 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 ev aluation 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 21, 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 Newspaper – 09/20/2002 

through merger Central Bank, Spirit Lake, Iowa (formerly 

Security State Bank, Lake Park, Iowa). In connection with the 

merger, Central Bank, Storm Lake, Iowa , plans to establish a 

branch at 1400 18th Street, Spirit Lake, Iowa.* 

* Subject to the provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

3(a)(3) Fidelity Company, Dyersville, Iowa, for prior approval to 

acquire 100 percent of the voting shares of Worthington 

Bancorporation, Worthington, Iowa, and thereby indirectly 

acquire State Bank, Worthington, Iowa.* 

CIC 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, Sko kie, 

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

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

Illinois. 

CIC Notice by Lawrence Gohlke, Richard Gohlke, Geffrey Sawtelle 

and Terrence LaFleur, to gain control of Golden Sands 

Bankshares, Inc., Neshkoro, Wisconsin and thereby indirectly 

acquire Farmers Exchange Bank of Neshkoro, Neshkoro, 

Wisconsin. 

CIC Notice on behalf of Peter C. Cook, first trustee of the Peter C. 

Cook Trust, Grand Rapids, Michigan, to acquire 166,667 shares 

(12.52%) of Northpointe Bancshares, Inc., Grand Rapids, 

Michigan, and thereby indirectly acquire Northpointe Bank, 

Grand Rapids, Michigan. 

Fed Reg – 10/11/2002 

Newspaper – N/Avail 

Fed Reg – 09/17/2002 

Newspaper – N/Avail 

Fed Reg – N/Avail 

Newspaper – N/Avail 

Fed Reg – 10/07/2002 

Newspaper – 10/03/2002 
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 

become co-trustees of a Grantor Trust established by their 

father, Coyn Richardson, and thus to acquire control of 

Wellington Bancorp, Inc., Springfield, Illinois, and thereby 

indirectly acquire Community Bank, Hoopeston, 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 – 10/03/2002 

Newspaper – 09/20/2002 

Fed Reg – 09/23/2002 

Newspaper – 09/26/2002 

* 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 news paper 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, incl uding 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 h elping 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 

2461641 Fortress Bank of Cresco 05/13/2002 09/17/2002 S X 

130 N. Park Place 

Cresco, Iowa 52136 

(563) 547- 2244 

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 21, 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 regulati on 

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 

459046 Simmons First Bank of Russellville 5/28/2002 9/16/2002 S X Russellville, Arkansas 

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 21, 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– 10/12/2002 

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

incident thereto establish branches in Deer Creek, Minnesota, 

and Bluffton, Minnesota* 

*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 

CIC The Albert N. Roberts and Emma L. Roberts Revocable Trust, Fed Reg- 10/11/2002 

Albert N. Roberts and Emma L. Roberts, Co-trustees, Polson, Newspaper- N/Avail 

Montana, to acquire control of Flathead Lake Bancorporation, 

Inc., Polson, Montana which controls, First Citizens Bank of 

Polson, Polson, Montana. 

*Subject to provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Applic ation 

Member BANKFIRST, Sioux Falls, South Dakota, requests to voluntarily 

Withdrawal withdraw from membership in the Federal Reserve System.
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

application for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

767059 Liberty State Bank, St. Paul, 04/15/2002 09/17/2002 S X Minnesota 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, September 21, 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) Peoples Bancorp., Red Cloud, Nebraska, to become a bank 

holding company through the acquisition of 100 percent of the 

voting shares of Peoples-Webster County Bank, Red Cloud, 

Nebraska. 

Newspaper - 10/18/2002 

Fed Reg - 10/15/2002 

CIC Rinda Kay Harper, individually and as trustee of The Kay 

Harper Revocable Living Trust, Edmond, Oklahoma, to acquire 

control of First Jones Bancorporation, Inc., Jones, Oklahoma, 

parent of First State Bank, Jones, Oklahoma. 

Newspaper - N/Available 

Fed Reg - 10/03/2002 

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 

None 
Section V – Availability of CRA public evaluations 

The Community Reinvestment Act is intended to encourage depository institutio ns 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 facilit ies. 

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 

111951 Community Banks of Southern 

Colorado 

201 N. Main Street 

Rocky Ford, Colorado 81067-0030 

05/20/2002 09/20/2002 S X

1421161 Bank of Blue Valley 

11935 Riley Street 

Overland Park, Kansas 66213-1127 

06/10/2002 09/20/2002 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 21, 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) IBT Bancorp, Inc., Dallas, TX, and IBT Delaware Bancorp, Inc., 

Dover, DE, to acquire Independent Bank of Texas, Irving, Texas 

(de novo)* 

3(a)(1) IBT Delaware Bancorp, Inc., Dover, DE, to acquire Independent 

Bank of Texas, Irving, Texas (de novo)* 

3(a)(1) Beltline Bancshares, In c., Garland, TX, and Security Bank 

Holding Company, Wilmington, DE, to acquire Security Bank, 

National Association, Garland, TX* 

3(a)(1) Security Bank Holding Company, Wilmington, DE, to acquire 

Security Bank, National Association, Garland, TX* 

3(a)(1) Central Texas Financial Corp., Cameron, TX, and Milam 

Financial Corp., Wilmington, DE, to acquire Citizens National 

Bank, Cameron, TX* 

3(a)(1) Milam Financial Corp., Wilmington, DE, to acquire Citizens 

National Bank, Cameron, TX* 

3(a)(3) Woodforest Financial Group, Inc., The Woodlands, TX, and Sun 

Belt Bancshares Corporation, Wilmington, DE, to acquire Main 

Street National Bank, Cleveland, TX* 

Fed Reg – 10/07/2002 

Newspaper – 10/13/2002 

Fed Reg – 10/07/2002 

Newspaper – 10/13/2002 

Fed Reg – 10/17/2002 

Newspaper – 10/13/2002 

Fed Reg – 10/17/2002 

Newspaper – 10/13/2002 

Fed Reg – 10/17/2002 

Newspaper – N/Avail 

Fed Reg – 10/17/2002 

Newspaper – N/Avail 

Fed Reg – N/Avail 

Newspaper – 10/11/2002 

*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 

Member Independent Bank of Texas, Irving, TX (de novo), 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 evaluatio ns 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 21, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Nevada First Bank, Las Vegas, Nevada, to establish a branch Newspaper – 09/15/2002 

facility to be located at 9930 S. Eastern Avenue, Henderson, 

Nevada.* 

* 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 Newspaper – N/Avail 

a bank holding company by acquiring 100 percent of Fed Reg – 9/23/2002 

Manufacturers Bank, Los Angeles, California.* 

* 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 

3(a)(5)(C) Valley Commerce Bancorp, Visalia, California, to become a bank 

holding company by acquiring Bank of Visalia, Visalia, California. 

Membership Frontier Ba nk, Everett, Washington, 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 communit ies 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 

803368 Comerica Bank – California 

333 W. Santa Clara Street 

San Jose, CA 95113 

(408) 556-5000 

256179 Utah Independent Bank 

55 S. State Street 

Salina, Utah 84654 

(435) 529-7459 

03/18/2002 09/16/2002 S X 

05/27/2002 09/19/2002 O 

The above listing has been prepared as a courtesy by the Fed eral 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 

X