Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 9 

Week Ending March 1, 2003 

Board of Governors of the Federal Reserve System, Washington, DC 20551 
H.2 Board Actions February 23, 2003 to March 1, 2003 

Testimony And Statements 

Basel II Capital Accord -- statement by Vice Chairman Ferguson before the 

Subcommittee on Domestic and International Monetary Policy, Trade, and Technology, 

House Committee on Financial Services. 

- Published, February 27, 2003 

Deposit Insurance -- statement by Chairman Greenspan before the Senate Committee on 

Banking, Housing, and Urban Affairs. 

- Published, February 26, 2003 

Economic Effects of an Aging World Population -- statement by Chairman Greenspan 

before the Senate Special Committee on Aging. 

- Published, February 27, 2003 

Bank Holding Companies 

Mizuho Financial Group, Inc., Tokyo, Japan -- to become a bank holding company 

through the acquisition of Mizuho Holdings, Inc. and thereby acquire the U.S. banking 

and nonbanking subsidiaries of Mizuho Holdings. 

- Approved, February 24, 2003 

Forms 

Foreign Bank Reports -- extension with revision of the Weekly Report of Eurodollar 

Liabilities Held by Selected U.S. Addresses at Foreign Offices of U.S. Banks (FR 2050), 

and the Quarterly Report of Assets and Liabilities of Large Foreign Offices of U.S. Banks 

(FR 2502q). 

- Approved, February 28, 2003 

Regulations And Policies 

Risks related to mortgage banking activities -- issuance of interagency advisory letter. 

- Published, February 25, 2003 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority February 23, 2003 to March 1, 2003 

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 

Alliance Bank Corporation, Fairfax, Virginia -- to establish a branch at 4501 North 

Fairfax Drive, Arlington. 

- Approved, February 26, 2003 

Kansas City 

Community Banks of Southern Colorado, Rocky Ford, Colorado -- to establish a mobile 

branch at 123 First Street, Pueblo. 

- Approved, February 28, 2003 

Cleveland 

Fifth Third Bank, Cincinnati, Ohio -- to establish branches at 3131 Princeton Road, 

Fairfield; 1940 State Route 37, Delaware; and the intersection of Loveland-Maderia 

Road and Dapper Drive, Loveland. 

- Approved, February 27, 2003 

Kansas City 

First State Bank, Taos, New Mexico -- to establish a branch at 131 South Tejon Street, 

Colorado Springs, Colorado. 

- Approved, February 24, 2003 

San Francisco 

Hanmi Bank, Los Angeles, California -- to establish a branch at 726 East 12th Street, 

#211. 

- Approved, February 28, 2003 

Atlanta 

Orion Bank, Naples, Florida -- to establish a branch at 2815 University Parkway, 

Sarasota. 

- Approved, February 27, 2003 

(AC) = Addition or Correction Delegated - Page 1 of 7 
H.2 Actions under delegated authority February 23, 2003 to March 1, 2003 

Bank Branches, Domestic 

Atlanta 

SouthTrust Bank, Birmingham, Alabama -- to establish a branch at 7455 Pinemire Drive, 

Oviedo, Florida. 

- Approved, February 25, 2003 

Secretary 

SunTrust Bank, Atlanta, Georgia -- to establish a branch at 825 Martin Luther King, Jr., 

Drive, Northwest, Atlanta; and at Elden Street and Post Drive, Herndon, Virginia. 

- Approved, February 27, 2003 

Bank Holding Companies 

Minneapolis 

American Eagle Financial Corporation, Albertville, Minnesota -- to become a bank 

holding company through the acquisition of Riverview Community Bank, Otsego, a de 

novo bank. 

- Approved, February 26, 2003 

Atlanta 

Appalachian Bancshares, Inc., Ellijay, Georgia -- waiver of a commitment. 

- Withdrawn, February 26, 2003 

Atlanta 

Banking Corporation of Florida, Naples, Florida -- waiver of a commitment. 

- Granted, February 28, 2003 

Minneapolis 

Bitterroot Holding Company, Lolo, Montana -- to acquire shares of West One Bank, 

Kalispell, a de novo bank. 

- Approved, February 26, 2003 

Boston 

Bridgewater Financial, MHC, Raynham, Massachusetts -- to become a bank holding 

company through the acquisition of Bridgewater Savings Bank. 

- Approved, February 25, 2003 

(AC) = Addition or Correction Delegated - Page 2 of 7 
H.2 Actions under delegated authority February 23, 2003 to March 1, 2003 

Bank Holding Companies 

Director, BS&R 

Citigroup Inc., New York, New York -- request for an exemption from section 23A of 

the Federal Reserve Act on behalf of Citibank (West), FSB, San Francisco, California. 

- Granted, February 27, 2003 

Atlanta 

East Alabama Financial Group, Inc., Wedowee, Alabama -- waiver of a commitment. 

- Granted, February 25, 2003 

Minneapolis 

Finlayson Bancshares, Inc., Finlayson, Minnesota -- to acquire the Floodwood Agency, 

Inc., Duluth, and thereby acquire First State Bank of Floodwood, Floodwood. 

- Approved, February 24, 2003 

San Francisco 

Heritage Bancorp, Reno, Nevada -- to become a bank holding company through the 

acquisition of Heritage Bank of Nevada. 

- Approved, February 25, 2003 

Chicago 

Liberty Financial Services, Inc., Sioux City, Iowa -- to become a bank holding company 

through the acquisition of Liberty National Bank, a de novo bank. 

- Approved, February 28, 2003 

Atlanta 

Piedmont Bancshares, Inc., Atlanta, Georgia -- to become a bank holding company 

through the acquisition of Piedmont Bank of Georgia. 

- Withdrawn, February 24, 2003 

Minneapolis 

Ravalli County Bankshares, Inc., Hamilton, Montana -- to acquire shares of West One 

Bank, Kalispell, a de novo bank. 

- Approved, February 26, 2003 

(AC) = Addition or Correction Delegated - Page 3 of 7 
H.2 Actions under delegated authority February 23, 2003 to March 1, 2003 

Bank Holding Companies 

Philadelphia 

Royal Bancshares of Pennsylvania, Inc., Narberth, Pennsylvania -- to extend credit and 

service loans through its subsidiary, Royal Equity Partners. 

- Returned, February 27, 2003 

Kansas City 

Sundance State Bank Profit Sharing ESOP and Trust, Sundance, Wyoming -- to become 

a bank holding company through the acquisition of shares of Sundance Bankshares, Inc., 

parent of Sundance State Bank. 

- Withdrawn, February 26, 2003 

Atlanta 

United Community Banks, Inc., Blairsville, Georgia -- to merge with First Central 

Bancshares, Inc., Lenoir City, Tennessee, and thereby acquire First Central Bank. 

- Approved, February 24, 2003 

New York 

VSB Bancorp, Inc., Staten Island, New York -- to become a bank holding company 

through the acquisition of Victory State Bank. 

- Approved, February 28, 2003 

Bank Mergers 

Cleveland 

Sky Financial Group, Inc., Bowling Green, Ohio, and Sky Bank, Salineville -- to acquire 

Metropolitan Financial Corporation, Highland Hills; and for Sky Bank to merge with 

Metropolitan Financial's subsidiary thrift institution, Metropolitan Bank and Trust 

Company, and establish branches. 

- Approved, February 25, 2003 

Banks, Foreign 

Director, BS&R 

The Daiwa Bank, Limited, Osaka, Japan -- to establish a representative office in New 

York, New York. 

- Approved, February 28, 2003 

(AC) = Addition or Correction Delegated - Page 4 of 7 
H.2 Actions under delegated authority February 23, 2003 to March 1, 2003 

Change In Bank Control 

Cleveland 

HFB Financial Corporation, Middlesboro, Kentucky -- change in bank control. 

- Approved, February 28, 2003 

Competitive Factors Reports 

New York 

American Savings Bank of NJ, Bloomfield, New Jersey -- report on competitive factors 

of the proposed merger with American Interim Savings Bank. 

- Submitted, February 28, 2003 

Richmond 

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

competitive factors of the proposed merger with BA Mortgage, LLC. 

- Submitted, February 25, 2003 

Boston 

Bridgewater Savings Bank, Bridgewater, Massachusetts -- report on competitive factors 

of its proposed reorganization as a mutual holding company. 

- Submitted, February 25, 2003 

Kansas City 

Bruning State Bank, Bruning, Nebraska -- report on competitive factors of the proposed 

merger with The Commercial State Bank, Clay Center. 

- Submitted, February 24, 2003 

Philadelphia 

Grand Bank, National Association, Hamilton, New Jersey -- report on competitive 

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

the Monmouth Junction branch of MetLife Bank, National Association, Bridgewater. 

- Submitted, February 26, 2003 

Chicago 

Hancock County Bank & Trust, Garner, Iowa -- report on competitive factors of the 

proposed merger with Liberty Transitory Corporation, Arnolds Park, Iowa. 

- Submitted, February 26, 2003 

(AC) = Addition or Correction Delegated - Page 5 of 7 
H.2 Actions under delegated authority February 23, 2003 to March 1, 2003 

Competitive Factors Reports 

Chicago 

Hartford Savings Bank, Hartford, Wisconsin -- report on competitive factors of the 

proposed merger with the Juneau branch of M&I Marshall & Ilsley Bank, Milwaukee. 

- Submitted, February 26, 2003 

St. Louis 

Linn State Bank, Linn, Missouri -- report on competitive factors of the proposed merger 

with Charter 1 Bank, Owensville. 

- Submitted, February 24, 2003 

Chicago 

Rubio Savings Bank of Brighton, Brighton, Iowa -- report on competitive factors of the 

proposed merger with Washington Federal Savings Bank, Washington. 

- Submitted, February 26, 2003 

Atlanta 

Security Interim Bank, Gray, Georgia -- report on competitive factors of the proposed 

merger with Bank of Gray. 

- Submitted, February 27, 2003 

Boston 

South Shore Co-operative Bank, Weymouth, Massachusetts -- report on competitive 

factors of the proposed merger with South Shore Interim Stock Bank. 

- Submitted, February 26, 2003 

Boston 

Union Bank, Morrisville, Vermont -- report on competitive factors of the proposed 

merger with Citizens Savings Bank and Trust Company, St. Johnsbury. 

- Submitted, February 28, 2003 

Philadelphia 

Univest National Bank and Trust Co., Souderton, Pennsylvania -- report on competitive 

factors of the proposed merger with First County Bank, Doylestown. 

- Submitted, February 24, 2003 

(AC) = Addition or Correction Delegated - Page 6 of 7 
H.2 Actions under delegated authority February 23, 2003 to March 1, 2003 

Competitive Factors Reports 

New York 

Victory State Bank, Staten Island, New York -- report on competitive factors of the 

proposed merger with Victory Interim Bank. 

- Submitted, February 28, 2003 

Extensions Of Time 

Richmond 

CNB Bancorp, Inc., Windsor, Virginia -- extension to June 11, 2003, to become a bank 

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

- Granted, February 28, 2003 

Philadelphia 

Woodlands Bank, Williamsport, Pennsylvania -- extension to March 22, 2003, to 

establish a branch at 973 Lycoming Mall Drive, Pennsdale. 

- Granted, February 28, 2003 

International Operations 

San Francisco 

Far East National Bank, Los Angeles, California -- to establish a branch in Ho Chi Minh 

City, Vietnam. 

- Approved, February 28, 2003 

(AC) = Addition or Correction Delegated - Page 7 of 7 
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, March 1, 2003 

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, March 1, 2003 

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 

3(a)(5)(C) Great Lakes Bancorp, Inc., Buffalo, New York, to become a one Newspaper – N/Avail 

bank holding company with respect to Greater Buffalo Savings 

Bank, Buffalo, New York. 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, March 1, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Community Bank and Trust Company, Clarks Summit, PA, to Newspaper - N/Avail 

establish a branch office at Route 611 Poconco Township, 

Tannersville, PA. 

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, March 1, 2003 

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 

25 Prior notice by KRM Holdings, Inc., Albany, NY, a direct 

subsidiary of KeyBank, N.A., and an indirect subsidiary of 

KeyCorp, Inc., both of Cleveland, OH, of its intent to invest up 

to an additional $60 million in its wholly-owned subsidiary 

KRM Leasing Ltd., Hamilton, Bermuda pursuant to Section 

211.9(f) of Regualtion K. 
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 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, March 1, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Gateway Bank & Trust Company, Elizabeth City, North 

Carolina, to establish a branch at 3001 Shore Drive, Virginia 

Beach, Virginia.* 

Branch Gateway Bank & Trust Company, Elizabeth City, North 

Carolina, to establish a branch at 713 Independence Boulevard, 

Virginia Beach, Virginia.* 

Branch NBRS Financial, Rising Sun, Maryland, to establish a branch at 

Maryland Route 213 and White Hall Road, Elkton, Maryland.* 

Branch NBRS Financial, Rising Sun, Maryland, to establish a branch at 

636 Broad Street, Perryville, Maryland.* 

Newspaper – 03/14/2003 

Newspaper – 03/14/2003 

Newspaper – 03/14/2003 

Newspaper – 03/14/2003 

*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 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 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, March 1, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

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

located at 5218 Hickory Hollow Boulevard, Antioch, Tennessee, 

to be known as the Hickory Hollow Remote Drive Thru 

Branch.* 

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

located at 1827 Murfreesboro Pike, Nashville, Tennessee, to be 

known as the Una-Antioch Remote Drive Thru Branch.* 

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

located at 2298 W. County Highway 30-A, Unit 3, Santa Rosa 

Beach, Florida, to be known as the Blue Mountain Beach 

Branch.* 

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

located at 9410 Healthplex Drive, Shreveport, Louisiana, to be 

known as the I-49 South Branch.* 

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

located at 2744 Highway 31 South, Pelham, Alabama.* 

18(c) SunTrust Bank, Atlanta, Georgia, to merge with Lighthouse 

Community Bank, Hilton Head Island, South Carolina.* 

Newspaper-03/10/2003 

Newspaper-03/11/2003 

Newspaper-03/11/2003 

Newspaper-03/13/2003 

Newspaper-03/13/2003 

Newspaper-03/28/2003 

*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) Main Street Banks, Inc., Kennesaw, Georgia, to merge with First 

Colony Bancshares, Inc., and thereby acquire its subsidiary, 

First Colony Bank, both of Alpharetta, Georgia.* 

Newspaper-03/22/2003 

Fed Reg-03/14/2003 

3(a)(1) Mountain Bancshares, Inc., Dawsonville, Georgia, to become a 

bank holding company by acquiring Mountain State Bank, 

Dawsonville, Georgia (in organization).* 

Newspaper-N/Avail 

Fed Reg-03/24/2003 
Section II – Applications subject to both newspaper and Federal Register notice 

Ending date of 

Type Application comment period 

3(a)(3) SNB Bancshares, Inc., Macon, Georgia, to acquire Bank of 

Gray, Gray, Georgia.* 

Newspaper-03/31/2003 

Fed Reg-03/28/2003 

4(c)(8) SunTrust Banks, Inc., Atlanta, Georgia, to acquire Lighthouse 

Financial Services, Inc., Hilton Head Island, South Carolina, and 

its subsidiary, Lighthouse Community Bank, thereby engage in 

operating a savings association.* 

Newspaper-03/28/2003 

Fed Reg-N/Avail 

*Subject to provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

3(a)(1) Triangle Financial Group, Inc., Loganville, Georgia, notice to 

become a bank holding company by acquiring The Community 

Bank, Loganville, Georgia. 

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 availa ble. 
Section V – Availability of CRA public evaluations 

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, March 1, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) First Banking Center, Burlington, Wisconsin, to purchase the Newspaper – N/Avail 

assets and assume liabilities of the Walworth branch of North 

Shore Bank, FSB, Brookfield, Wisconsin.* 

* 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) Capitol Bancorp, Ltd., Lansing, Michigan, through its 

subsidiary, First California Southern Bancorp, San Diego, 

California, to acquire 51 percent of the voting shares of First 

International Bank, Chula Vista, California.* 

3(a)(1) First California Southern Bancorp, San Diego, California, to 

become a bank holding company through the acquisition of 51 

percent of the voting shares of First International Bank, Chula 

Vista, California.* 

3(a)(3) Iroquois Bancorp, Inc., Gilman, Illinois, to acquire 42.19 percent 

of the voting shares of JW Bancorp, Inc., Winchester, Illinois, 

and thereby indirectly acquire John Warner Financial 

Corporation, Clinton, Illinois and The John Warner Bank, 

Clinton, Illinois.* 

3(a)(1) JW Bancorp, Inc., Winchester, Illinois, to become a bank 

holding company by acquiring 100 percent of the voting shares 

of John Warner Financial Corporation, Clinton, Illinois, and 

thereby indirectly acquire The John Warner Bank, Clinton, 

Illinois.* 

CIC Notice by Ronald W. Plassman, Fort Wayne, Indiana, to acquire 

an additional 1,360 shares or 34 percent and thereby increase his 

aggregate ownership to 54 percent, of Knisely Financial Corp., 

Butler, Indiana, and thereby indirectly acquire Knisely Bank, 

Butler, Indiana. 

Fed Reg – 03/24/2003 

Newspaper – N/Avail 

Fed Reg – 03/24/2003 

Newspapepr – N/Avail 

Fed Reg – 03/24/2003 

Newspaper – N/Avail 

Fed Reg – 03/24/2003 

Newspaper – N/Avail 

Fed Reg – 02/24/2003 

Newspaper – N/Avail 

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

Ending date of 

Type Application comment period 

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 

2544991 Community Savings Bank 

1080 E. Main Street 

Robins, Iowa 52328 

(319) 294-2783 

180443 Prairie State Bank 

240 Linn 

P.O. Box 78 

Brunsville, Iowa 51008 

(712) 533-6441 

08/06/2002 02/27/2003 S X 

10/07/2002 02/27/2003 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, March 1, 2003 

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 

3A3 Premier Bancshares, Inc., Jefferson City, Missouri, to acquire up 

to 45 percent of Mid-America Bancorp, Inc., Jewell, Kansas, 

and thereby indirectly acquire Heartland Bank, Jewell, Kansas.* 

Newspaper – 03/29/2003 

Fed Reg – N/Avail 

3A3 Scott County Bancorp, Inc., Winchester, Illinois, to acquire 

42.19 percent of the voting shares of JW Bancorp, Inc., 

Winchester, Illinois, and thereby indirectly acquire John Warner 

Financial Corporation, Clinton, Illinois, and The John Warner 

Bank, Clinton, Illinois. (Previously submitted during the week 

ending February 22, 2003)* 

Newspaper – 03/24/2003 

Fed Reg – 03/21/2003 

* 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 

4c8 Harrodsburg First Financial Bancorp, Inc., Harrodsburg, Fed Reg – 03/19/2003 

Kentucky, to acquire 30 percent of the voting shares of First 

South Credit of Versailles, Inc., Versailles, Kentucky, and 

thereby engage in consumer finance activities. 
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 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, March 1, 2003 

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 

CIC Change in control notice by Curtis J. Neumann to gain control of 

First Hawley Bancshares, Inc. Hawley, Minnesota, and thereby 

indirectly gain control of First National Bank, Hawley, 

Minnesota. 

CIC Change in control notice by Helen M. Olson to gain control of 

First Hawley Bancshares, Inc. Hawley, Minnesota, and thereby 

indirectly gain control of First National Bank, Hawley, 

Minnesota. 

CIC Change in control notice by the Neumann Family Limited 

Partnership of Detroit Lakes, Minnesota to gain control of First 

Hawley Bancshares, Inc. Hawley, Minnesota, and thereby 

indirectly gain control of First National Bank, Hawley, 

Minnesota. 

3(a)(3) TCF Financial Corporation, Wayzata, Minnesota proposes to 

acquire up to an additional 5.10% of the voting shares of 

TransCommunity Bankshares Incorporated, Richmond, Virginia, 

thereby increasing its ownership interest to no more than 9.99%. 

TransCommunity Bankshares Incorporated owns the Bank of 

Powhatan, N.A., Powhatan, Virginia, and the Bank of 

Goochland, N.A., Goochland, Virginia.* 

Fed Reg- N/Avail 

Newspaper- N/Avail 

Fed Reg- N/Avail 

Newspaper- N/Avail 

Fed Reg- N/Avail 

Newspaper- N/Avail 

Fed Reg- 03/28/2003 

Newspaper-N/Avail 

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

Ending date of 

Type Application comment period 

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 

295057 Security Bank Minnesota, 11/12/2002 02/26/2003 S X 

Albert Lea, 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, March 1, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Heritage Bank, Louisville, Colorado, to establish a branch at Newspaper - 03/11/2003 

8080 Weld County Road 13, Firestone, Colorado. 

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

Ending date of 

Type Application comment period 

3(a)(1) Heritage Bancshares, Inc., Topeka, Kansas, to become a bank 

holding company through the acquisition of 100 percent of the 

voting shares of Heritage Bank, Topeka, Kansas (in 

organization). 

3(a)(1) Healthcare Bancorp, Inc., Broken Arrow, Oklahoma, to become 

a bank holding company through the acquisition of 100 percent 

of the voting shares of Federal BankCentre, Broken Arrow, 

Oklahoma. 

3(a)(1) Bethlehem Financial Corporation, Belen, New Mexico, to 

become a bank holding company through the acquisition of 100 

percent of the voting shares of Bank of Belen, Belen, New 

Mexico. 

Newspaper - 12/31/2002 

Fed Reg - 01/02/2003 

Newspaper - 01/03/2003 

Fed Reg - 01/07/2003 

Newspaper - 03/28/2003 

Fed Reg - 03/24/2003 

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 Heritage Bank, Topeka, Kansas (in organization) 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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

1014451 American Exchange Bank 12/02/2002 02/25/2003 S X 

440 D Street 

Eagle, Nebraska 68347 

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, March 1, 2003 

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 

CIC Stanton Boyce Brown, Waco, TX, only notificant, to aquire an 

interest in Extraco Corporation, Waco, TX (previously reported 

the week ending February 22, 2003) 

CIC Robert C. Dunn, Jr., Hobbs, NM, trustee of the Dunn Family 

Trust, Hobbs, NM, et al, to acquire an interest in Lea County 

Bancshares, Inc., Hobbs, NM 

3(a)(1) Blanco National Holdings, Inc., Blanco, TX, and Blanco 

National Holdings of Delaware, Inc., Dover, DE, to acquire 

Blanco National Bank, Blanco, TX* 

3(a)(1) Blanco National Holdings of Delaware, Inc., Dover, DE, to 

acquire Blanco National Bank, Blanco, TX* 

Fed Reg – 03/12/2003 

Newspaper – 03/11/2003 

Fed Reg – N/Avail 

Newspaper – N/Avail 

Fed Reg – N/Avail 

Newspaper – N/Avail 

Fed Reg – N/Avail 

Newspaper – N/Avail 

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 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, March 1, 2003 

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 

CIC Notice by Alan Wilber Rolley, Dallas, Texas, and Blake Alan Newspaper – N/Avail 

Rolley, Flagstaff, Arizona, acting in concert, to increase their Fed Reg – 02/04/2003 

ownership up to 33.06 percent of Arizona Bancshares, Inc., 

Flagstaff, Arizona.* 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

MIRA Wells Fargo & Company, San Francisco, California, for Enrique 

Hernandez, Jr., to form a director/management interlock with 

Nordstrom, Inc., Seattle, Washington. 
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