Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 51

Week Ending December 20, 2003

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions December 14, 2003 to December 20, 2003

Advisory Councils

Consumer Advisory Council -- appointment of nine new members and designation of 

Agnes Bundy Scanlan as Chair and Mark Pinsky as Vice Chair for 2004.

- Approved, December 19, 2003 

Bank Holding Companies

The Royal Bank of Scotland Group plc, Edinburgh, Scotland; The Royal Bank of 

Scotland plc, RBSG International Holdings Ltd., and Citizens Financial Group, Inc., 

Providence, Rhode Island -- to acquire Thistle Group Holdings, Co., Philadelphia, 

Pennsylvania, and its subsidiary savings association, Roxborough-Manayunk Bank.

- Approved, December 17, 2003 

Wells Fargo & Company, San Francisco, California -- commenter's request for 

reconsideration of the Board's approval of the application to acquire Pacific Northwest 

Bancorp, Seattle, Washington.

- Denied, December 15, 2003 

Bank Mergers

Fifth Third Bank, Grand Rapids, Michigan -- commenter's request for review of the 

approval by the Federal Reserve Bank of Cleveland of the applications to merge with 

Fifth Third Bank Indiana, Fifth Third Bank Florida, Fifth Third Bank Kentucky, and Fifth 

Third Bank Northern Kentucky and thereby establish branches as part of a corporate 

reorganization.

- Denied, December 19, 2003 

Currency

Federal Reserve Notes -- new currency budget for 2004.

- Approved, December 16, 2003 

Forms

Community Reinvestment Act Disclosure Report -- final review of proposal to extend 

without revision the Disclosure and Reporting Requirements of CRA-Related Agreements 

(Reg. G).

- Approved, December 18, 2003 

(AC) = Addition or Correction Board - Page 1 of 2
H.2 Board Actions December 14, 2003 to December 20, 2003

Forms

Forms -- final review of proposals to extend without revision the Semiannual Report of 

Derivatives Activity (FR 2436) and Domestic Branch Notification (FR 4001) and to 

conduct the Central Bank Survey of Foreign Exchange and Derivatives Market Activity 

(FR 3036).

- Approved, December 15, 2003 

Regulations And Policies

Regulation CC (Availability of Funds and Collection of Checks) -- request for comment 

on proposed amendments to implement the Check 21 Act (Docket No. R-1176).

- Approved, December 16, 2003 

Reserve Bank Operations

Reserve Bank Budgets -- operating and capital budgets for the Federal Reserve Banks, 

and capital budgets for Federal Reserve Information Technology (FRIT) and Office of 

Employee Benefits for 2004.

- Approved, December 17, 2003 

Enforcement

Credit Lyonnais, S.A., Paris, France -- issuance of a civil money penalty and consent 

cease and desist order against Credit Lyonnais; initiation of a formal enforcement action 

against Jean Peyrelevade, former chairman and chief executive officer of Credit Lyonnais; 

and written agreement between Credit Agricole, the parent of Credit Lyonnais, and the 

Federal Reserve Bank of New York.

- Announced, December 18, 2003 

(AC) = Addition or Correction Board - Page 2 of 2
December 14, 2003 to December 20, 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

Comerica Bank, Detroit, Michigan -- to establish a branch at 5370 Jackson Road, Scio 

Township.

- Approved, December 19, 2003 

Chicago

Community Banks of Colorado, Greenwood Village, Colorado -- to establish a branch at 

3473 West 32nd Avenue, Denver.

- Approved, December 15, 2003 

Kansas City

Regions Bank, Birmingham, Alabama -- to establish a branch at 50 North Front Street, 

Memphis, Tennessee.

- Approved, December 16, 2003 

Atlanta

Bank Holding Companies

American Bancorporation, Minneapolis, Minnesota -- relief from a commitment.

- Granted, December 18, 2003 

Minneapolis

BancTrust Financial Group, Inc., Mobile, Alabama -- to merge with CommerceSouth, 

Inc., Eufaula, and thereby acquire CommerceSouth Bank, Eufaula, and CommerceSouth 

Bank, Santa Rosa Beach, Florida.

- Approved, December 15, 2003 

Secretary

Bridge Street Financial, Inc., Oswego, New York -- relief from a commitment.

- Withdrawn, December 15, 2003 

New York

(AC) = Addition or Correction Delegated - Page 1 of 6
H.2 Actions under delegated authority December 14, 2003 to December 20, 2003

Bank Holding Companies

Crews Banking Corporation, Wauchula, Florida -- to merge with DeSoto Banking 

Corporation, Arcadia, and thereby acquire The First State Bank of Arcadia, and to 

acquire Englewood Acquisition Bank, Englewood.

- Approved, December 17, 2003 

Atlanta

DCB Financial Corporation, Dallas, Texas, and DCB Delaware Financial Corp., 

Wilmington, Delaware -- to become bank holding companies through the acquisition of 

Dallas City Bank, Dallas, a de novo bank.

- Approved, December 18, 2003 

Dallas

Five Star Bancorp, Rocklin, California -- to acquire Five Star Bank Natomas, 

Sacramento.

- Approved, December 18, 2003 

San Francisco

Great Basin Financial Corporation, Elko, Nevada -- relief from a commitment.

- Granted, December 19, 2003 

San Francisco

Kampsville Bancshares, Inc., Kampsville, Illinois -- to become a bank holding company 

through the acquisition of Bank of Kampsville.

- Approved, December 16, 2003 

St. Louis

LDF, Inc., Chicago, Illinois -- to become a bank holding company through the acquisition 

of Labe Bank.

- Withdrawn, December 18, 2003 

Chicago

Midland States Bancorp, Inc., Effingham, Illinois -- to acquire Sun Security Bank of 

America, Ellington, Missouri, and to merge Midland's subsidiary, Effingham State Bank, 

Effingham, with Sun Security Bank of America and thereby establish a branch in 

Chesterfield, Missouri.

- Approved, December 16, 2003 

St. Louis

(AC) = Addition or Correction Delegated - Page 2 of 6
H.2 Actions under delegated authority December 14, 2003 to December 20, 2003

Bank Holding Companies

NewAlliance Bancshares, Inc., New Haven, Connecticut -- commenters' requests to 

extend the comment period on the application to become a bank holding company 

through the acquisition of The New Haven Savings Bank; Connecticut Bancshares, Inc., 

Manchester; and Alliance Bancorp of New England, Inc., Vernon.

- Denied, December 19, 2003 

Secretary

Professional Capital, Inc., Dallas, Texas, and Professional Capital of Delaware, Inc., 

Wilmington, Delaware -- to become bank holding companies through the acquisition of 

Professional Bank, National Association, Dallas, a de novo bank.

- Approved, December 18, 2003 

Dallas

Sterling BancGroup, Inc., Lantana, Florida -- to acquire Sterling Bank on its conversion 

from a federal savings bank to a commercial bank.

- Approved, December 19, 2003 

Atlanta

Change In Bank Control

Saint Francisville Bancshares, Inc., Saint Francisville, Louisiana -- change in bank control.

- Permitted, December 15, 2003 

Atlanta

Competitive Factors Reports

The Community Bank, Pilot Mountain, North Carolina -- report on competitive factors of 

the proposed merger with Interim Community Bank.

- Submitted, December 15, 2003 

Richmond

Dillard National Bank, Gilbert, Arizona -- report on competitive factors of the proposed 

purchase of assets and assumption of liabilities of Dillard National Bank, Baton Rouge, 

Louisiana.

- Submitted, December 19, 2003 

San Francisco

(AC) = Addition or Correction Delegated - Page 3 of 6
H.2 Actions under delegated authority December 14, 2003 to December 20, 2003

Competitive Factors Reports

First Hawaiian Bank, Honolulu, Hawaii -- report on competitive factors of the proposed 

merger with FH Center, Inc., and FHB Properties, Inc.

- Submitted, December 19, 2003 

San Francisco

First South Bank, Washington, North Carolina -- report on competitive factors of the 

proposed purchase of certain assets and assumption of certain liabilities of the New Bern 

and Greenville branches of National Bank of Commerce, Memphis, Tennessee.

- Submitted, December 15, 2003 

Richmond

First State Bank of Finlayson, Finlayson, Minnesota -- report on competitive factors of 

the proposed merger with First State Bank of Floodwood, Floodwood.

- Submitted, December 17, 2003 

Minneapolis

Pacific Capital Bank, National Association, Santa Barbara, California -- report on 

competitive factors of the proposed merger with Pacific Crest Bank, Agoura Hills.

- Submitted, December 16, 2003 

San Francisco

Providian National Bank, Tilton, New Hampshire -- report on competitive factors of the 

proposed merger with Providian Bank, Salt Lake City, Utah.

- Submitted, December 11, 2003 (AC)

Boston

Sovereign Bancorp, Inc., Wyomissing, Pennsylvania -- report on competitive factors of 

the proposed acquisition of First Essex Bank, Lawrence, Massachusetts.

- Submitted, December 15, 2003 

Philadelphia

State Bank of Bern, Bern, Kansas -- report on competitive factors of the proposed 

purchase of certain assets and assumption of certain liabilities of United Bank & Trust, 

Axtell.

- Submitted, December 15, 2003 

Kansas City

(AC) = Addition or Correction Delegated - Page 4 of 6
H.2 Actions under delegated authority December 14, 2003 to December 20, 2003

Competitive Factors Reports

Thomasville National Bank, Thomasville, Georgia -- report on competitive factors of the 

proposed merger with TNB Financial Services, Inc.

- Submitted, December 15, 2003 

Atlanta

TowneBank, Portsmouth, Virginia -- report on competitive factors of the proposed 

merger with Harbor Bank, Newport News.

- Submitted, December 16, 2003 

Richmond

Trustmark Corporation, Jackson, Mississippi -- report on competitive factors of the 

proposed merger of Trustmark National Bank and Plaza Bank, San Antonio, Texas.

- Submitted, December 17, 2003 

Atlanta

Extensions Of Time

A.N.B. Holding Company, Ltd., Terrell, Texas -- extension to March 13, 2004, to 

acquire an interest in The ANB Corporation, The ANB Delaware Corporation, and 

American National Bank.

- Granted, December 13, 2003 (AC)

Dallas

Financial Holding Companies

SinoPac Holdings, Taipei, Taiwan, Bank SinoPac, and SinoPac Bancorp, Los Angeles, 

California -- elections to become financial holding companies.

- Effective, December 19, 2003 

Director, BS&R

Waukesha Bankshares, Inc., Waukesha, Wisconsin -- election to become a financial 

holding company.

- Effective, December 18, 2003 

Chicago

(AC) = Addition or Correction Delegated - Page 5 of 6
H.2 Actions under delegated authority December 14, 2003 to December 20, 2003

Membership

Texas Star Bank, Van Alstyne, Texas -- to become a member of the Federal Reserve 

System.

- Approved, December 19, 2003 

Dallas

Union State Bank, Everest, Kansas -- to become a member of the Federal Reserve 

System.

- Approved, December 19, 2003 

Kansas City

Regulations And Policies

Regulation C -- annual notice of the asset-size exemption threshold for depository 

institutions under the Home Mortgage Disclosure Act.

- Approved, December 18, 2003 

Director, C&CA

(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, December 20, 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

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, December 20, 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 Bayerische Hypo-und Vereinsbank AG and Munchener 

Ruckversicherungs-Gesellschaft AG, both of Munich, Germany, 

to engage de novo, through HVB Global Assets Company, L.P., 

in extending and servicing of loans or other extensions of credit.

Fed Reg – N/Avail

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

Type Application

3A1 Mariner’s Bancorp, Edgewater, New Jersey, to become a onebank holding company, by acquiring Mariner’s Bank, 

Edgewater, New Jersey.

Member Adirondack Bank, National Association, Utica, New York. 

Membership conversion 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

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, December 20, 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

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 regula tion 

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, December 20, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

*Branch Applications by Fifth Third Bank, Grand Rapids, MI to establish 

branches at 33133 West 12 Mile Rd., Farmington Hills, MI; 

2301 Gezon Parkway, Wyoming, MI; 1190 West Argyle St., 

Jackson, MI; 2112 Jolly Rd., Okemos, MI; 1710 Maple Ave., 

Evanston, IL; 1 North Wacker Dr., Chicago, IL; 235 West Rand 

Rd., Mt. Prospect, IL; 1366 South Milwaukee Ave., Libertyville, 

IL; and 460 South Randall Rd. South Elgin, IL pursuant to 

Section 208.6 of Regulation H.

Newspaper – 12/19/2003

*Branch Applications by Fifth Third Bank, Cincinnati, OH to establish 

branches at 7700 Cox Rd., West Chester, OH and 5100 Terra 

Firma Dr., Mason, OH pursuant to Section 208.6 of Regulation 

H.

Newspaper – 12/25/2003

*18C Application by The First State Bank of West Manchester, West 

Manchester, OH to acquire UMW Acquisition Corp., DeGraff, 

OH an interim federally chartered savings association.

Newspaper – 12/20/2003

*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 Application by PSB Holdings, Inc., New Matamoras, OH to 

bece aa holding company by acquiring The Peoples Savings 

Bank, New Matamoras, OH.

Newspaper – 12/04/2003

Fed Reg – 12/01/2003

*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 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, December 20, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) Capital Bank, Greenwood, South Carolina, to merge with The 

Bank of Abbeville, Abbeville, South Carolina.*

Newspaper – 01/08/2004

18(c) The Patapsco Bank, Dundalk, Maryland, to merge with Parkville 

Federal Savings Bank, Baltimore, Maryland.*

Newspaper – N/Avail

*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) Community Capital Corporation, Greenwood, South Carolina, to 

acquire 100% of the voting shares of Abbeville Capital 

Corporation, Abbeville, South Carolina.*

Fed Reg – 01/12/2004 

Newspaper – 01/08/2004

*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

886624 Bruceton Bank

Morgantown Street

Bruceton Mills, West Virginia 26525

09/29/2003 12/14/2003 S X

1190074 Virginia Commerce Bank

5350 Lee Highway

Arlington, Virginia 22207-1608

09/29/2003 12/14/2003 S 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, December 20, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch SunTrust Bank, Atlanta, Georgia, to establish branches at the 

following locations: the northwest corner of Lightner Road and 

James Madison Highway, Haymarket, Virginia, to be known as 

the Dominion Valley Office; the intersection of Loudoun 

County Parkway and U.S. Highway 50, South Riding, Virginia, 

to be known as the South Riding Office; and 7451 Mount 

Vernon Square, Alexandria, Virginia, to be known as the Mount 

Vernon Square Office.*

Newspaper-12/26/2003

Branch First Southern Bank, Boca Raton, Florida, to establish a branch 

located at 2419 E. Commercial Boulevard, Fort Lauderdale, 

Florida.*

Newspaper-12/31/2003

*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) Community Bancshares of Mississippi, Inc., Brandon, 

Mississippi, to acquire 100 percent of the outstanding shares of 

Security Bancshares, Inc., along with its subsidiary, Security 

Bank, both of Amory, Mississippi.*

Newspaper-N/Avail

Fed Reg-01/16/2004

*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

COM Tennessee Commerce Bancorp, Inc., Franklin, Tennessee, 

commitment waiver request.

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

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, December 20, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch 1st Source Bank, South Bend, Indiana, to establish a branch 

facility to be located at 926 Erskine Plaza, South Bend, 

Indiana.*

Newspaper – 12/22/2003

18C & Branches Irwin Union Bank and Trust Company, Columbus, Indiana, to 

purchase certain assets and certain deposit and other liabilities of 

Irwin Union Bank, F.S.B., Louisville, Kentucky, and thereby 

establish branches at 224 South 200 West, Suite 100, Salt Lake 

City, Utah, and 401 N. Buffalo, Suite 200, Las Vegas, Nevada.*

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

CIC Notice by Steven Joseph Bonnet, East Dubuque, Illinois, to 

control 50.04 percent of East Dubuque Bancshares, Inc., East 

Dubuque, Iowa.

Fed Reg – N/Avail

Newspaper – N/Avail

3(a)(5) Fentura Financial, Inc., Fenton, Michigan, to merge with West 

Michigan Financial Corporation, Hudsonville, Michigan, and 

thereby indirectly acquire West Michigan Community Bank, 

Hudsonville, Michigan.*

Fed Reg – 01/09/2004

Newspaper – N/Avail

CIC Notice by JP Family Limited Partnership, Springfield, Illinois; 

Catherine J. Gonzalez, Springfield, Illiois, as trustee of the 

Catherine J. Gonzalez Declaration of Trust; Paul E. Presney, II, 

Rochester, Illinois; Jane J. Presney, Springfield, Illinois, as 

trustee of the Jane J. Presney Declaration of Trust; Paul E. 

Presney, Sr., Springfield, Illinois, as trustee of the Paul E. 

Presney, Sr. Declaration of Trust, to retain control of 34.79 

percent of the voting shares of Will Bancorp, Inc., Williamsville, 

Illinois, and thereby indirectly acquire Williamsville State Bank 

and Trust, Williamsville, Illinois.

Fed Reg – 12/18/2003

Newspaper – 12/15/2003
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(1) Will County Bancorp, Inc., Shorewood, Illinois, to become a 

bank holding company by acquiring up to 100 percent of the 

voting shares of Bank of Shorewood, Shorewood, Illinois.*

Fed Reg – N/Avail

Newspaper – 01/12/2004

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) ICNB Financial Corporation, Ionia, Michigan, to invest in 

Legacy Trust (in organization), Grand Rapids, Michigan, and 

thereby to engage in trust company functions.

Fed Reg – N/Avail

* Subject to the provisions of the Community Reinvestment Act

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.
Section V – Availability of CRA public evaluations

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

919942 Humboldt Trust & Savings Bank

506 Sumner Ave.

P.O. Box 37

Humboldt, Iowa 50548-1759

(515) 332-1451 

07/28/2003 12/15/2003 S X

747846 Port Byron State Bank

124 N. Main St.

Port Byron, Illinois 61275

(309) 523-2161 

08/11/2003 12/16/2003 S X

910042 Bank of Illinois in Normal

102 W. College Ave.

Normal, Illinois 61761

(309) 452-1186

08/11/2003 12/16/2003 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, December 20, 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

3A3 Mercantile Bancorp, Inc., Quincy, Illinois, to acquire up to 56.07 

percent of Mid-America Bancorp, Inc., Leawood, Kansas, and 

thereby indirectly acquire Heartland Bank, Leawood, Kansas.*

Newspaper – 01/20/2004

Fed Red – 01/23/2004

* 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

3A1 Patriot of Tennessee Corporation, Millington, Tennessee, to 

become a bank holding company by acquiring 100 percent of 

Patriot Bank, Millington, Tennessee.
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, December 20, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch First American Bank & Trust, Madison, South Dakota, proposes 

to establish a branch at 832 St. Joseph Street, Rapid City, South 

Dakota.*

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

CIC Change in control notice by Kent Evans Nyberg as trustee, 

Grand Rapids, Minnesota, to acquire control of First National 

Agency Company of Deer River, Deer River, Minnesota, and 

thereby indirectly acquire control of First National Bank of Deer 

River, Deer River, Minnesota.

Fed Reg-12/10/2003

Newspaper – N/Avail

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Mountain West Financial Corporation, Helena, Montana, 

retroactive notice to engage in the activities of extending credit 

and servicing loans.

Fed Reg – N/Avail

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, December 20, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) United Bank & Trust, Axtell, Kansas (formerly State Bank of 

Axtell, Axtell, Kansas), to purchase certain assets and assume 

certain liabilities of the Clay Center, Kansas; Concordia, 

Kansas; Linn, Kansas; Marysville, Kansas (1016 Broadway and 

823 Broadway); Sabetha, Kansas (511 Paramount, 935 main 

Street, and 1001 Main Street); Seneca, Kansas (602 North Street 

and 502 Main Street); and Washington, Kansas branches of 

Gold Bank, Leawood, Kansas.

Newspaper - 01/03/2004

18(c) Union Colony Bank, Greeley, Colorado, to purchase certain 

assets and assume certain liabilities of the Greeley, Colorado; 

Kersey, Colorado; Fort Lupton, Colorado; Platteville, Colorado; 

and Wellington, Colorado branches of Vectra Bank Colorado, 

N.A., Farmington, New Mexico.

Newspaper - 01/09/2004

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

Type Application

Ending date of

comment period

3(a)(1) UBT Bancshares, Inc., Marysville, Kansas, to become a bank 

holding company through the acquisition of 100 percent of the 

voting shares of United Bank & Trust, Axtell, Kansas (formerly 

State Bank of Axtell, Axtell, Kansas).

Newspaper - 01/03/2004

Fed Reg - 01/05/2004

3(a)(3) ColoEast Bankshares, Inc., Lamar, Colorado, to acquire 100 

percent of the voting shares of First National Bank of Tribune, 

Tribune, Kansas.

Newspaper - 11/21/2003

Fed Reg - 11/17/2003

CIC Notice by Landon N. Westbrook and Georgia K. Westbrook, 

both of Purcell, Oklahoma, to acquire control of Exchange 

Bancshares, Inc., parent of Exchange National Bank, both in 

Moore, Oklahoma.

Newspaper - 01/02/2004

Fed Reg - 01/02/2004

CIC Notice by Jeffrey Reder, Westminster, Colorado; William 

Schmidt, Westminster, Colorado; and Tschudy Schmidt, Fort 

Collins, Colorado, to acquire control of Mountain States 

Bancorporation, Inc., Denver, Colorado, parent of Mountain 

States Bank, Denver, Colorado.

Newspaper - 01/02/2004

Fed Reg - 12/22/2003
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

CIC Notice by Joseph L. Durler and Loraine P. Durler, both of 

Syracuse, Kansas, to acquire control of Valley Bancorp, Inc., 

parent of Valley State Bank, both in Syracuse, Kansas.

Newspaper - 12/23/2003

Fed Reg - 01/02/2004

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 United Bank and Trust, Axtell, Kansas (formerly State Bank of 

Axtell, Axtell, Kansas), to become a member of the Federal 

Reserve System.

Membership Union State Bank of Everest, Everest, Kansas, 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.
Section V – Availability of CRA public evaluations

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, December 20, 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

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, December 20, 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 Notice by Arnold Clair Benton and Neva Clair Benton, Reno, 

Nevada, to increase their ownership up to 13.03 percent of 

Heritage Bancorp, Reno, Nevada.*

Newspaper – N/Avail 

Fed Reg – 12/31/2003

* 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