Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 29

Week Ending July 19, 2003

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions July 13, 2003 to July 19, 2003

Forms

Regulation P (Privacy of Consumer Financial Information) -- final review of proposal to 

extend without revision the reporting and disclosure requirements of Regulation P.

- Approved, July 16, 2003 

(AC) = Addition or Correction Board - Page 1 of 1
July 13, 2003 to July 19, 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

AmSouth Bank, Birmingham, Alabama -- to establish a branch at 925 Lockwood 

Boulevard, Oviedo, Florida.

- Approved, July 17, 2003 

Atlanta

Compass Bank, Birmingham, Alabama -- to establish a branch at 3150 48th Street, 

Phoenix, Arizona.

- Approved, July 14, 2003 

Atlanta

First Bank & Trust, Evanston, Illinois -- to establish a branch at 824 Emerson Street.

- Approved, July 18, 2003 

Secretary

Idaho Banking Company, Boise, Idaho -- to establish a branch at 1875 South Eagle 

Road, Meridian.

- Approved, July 16, 2003 

San Francisco

Manufacturers and Traders Trust Company, Buffalo, New York -- to establish a 

seasonal-use limited branch at St. John Fisher College, 3690 East Avenue, Rochester.

- Approved, July 18, 2003 

New York

Ohio Heritage Bank, Coshocton, Ohio -- to establish a branch at 113 Fourth Street 

Northwest, New Philadelphia.

- Approved, July 14, 2003 

Cleveland

Oregon Community Bank & Trust, Oregon, Wisconsin -- to establish a branch at County 

Trunk Highway CC and Alpine Boulevard.

- Approved, July 15, 2003 

Chicago

(AC) = Addition or Correction Delegated - Page 1 of 7
H.2 Actions under delegated authority July 13, 2003 to July 19, 2003

Bank Branches, Domestic

Pacific Global Bank, Chicago, Illinois -- to establish a branch at 2156A South Archer 

Avenue.

- Approved, July 18, 2003 

Chicago

PNB Financial Bank, Lubbock, Texas -- to establish a branch at 6000 Western Place, 

Fort Worth.

- Approved, July 15, 2003 

Dallas

SunTrust Bank, Atlanta, Georgia -- to establish branches at 80 Westlake Road, Hardy, 

Virginia, and 800 South Harbour Island Boulevard, Tampa, Florida.

- Approved, July 16, 2003 

Secretary

Bank Holding Companies

Cherokee Banking Company, Canton, Georgia -- commitment waiver request.

- Granted, July 16, 2003 

Atlanta

Community Bank System, Inc., Dewitt, New York -- to purchase certain assets of Price 

WaterhouseCoopers, LLP.

- Approved, July 14, 2003 

New York

Eggemeyer Advisory Corp., Rancho Santa Fe, California, and WJR Corp. -- for 

Eggemeyer Advisory Corp., WJR Corp., Castle Creek Capital LLC, and Castle Creek 

Capital Partners Fund I, IIa, and IIb, LP, to acquire an interest in State National 

Bancshares, Inc., Lubbock, Texas; Independent Bankshares, Inc.; State National Bank; 

ANB Financial Corporation, Arlington; Arlington National Bank; State National 

Bancshares of Delaware, Inc., Dover, Delaware; Independent Financial Corporation; and 

ANB Delaware Financial Corporation; and for State National Bancshares, Inc., 

Lubbock, to acquire ANB Financial Corporation, ANB Delaware Financial Corporation, 

and Arlington National Bank.

- Approved, July 14, 2003 

San Francisco

(AC) = Addition or Correction Delegated - Page 2 of 7
H.2 Actions under delegated authority July 13, 2003 to July 19, 2003

Bank Holding Companies

First Advantage Bancshares, Inc., Coon Rapids, Minnesota -- to become a bank holding 

company through the acquisition of First Advantage Bank, a de novo bank.

- Approved, July 18, 2003 

Minneapolis

GB&T Bancshares, Inc., Gainesville, Georgia -- to merge with Baldwin Bancshares, Inc., 

Milledgeville, and thereby acquire its subsidiary, First National Bank of the South.

- Approved, July 14, 2003 

Atlanta

The Ginger Murchison Foundation, Athens, Texas -- to become a bank holding company 

through the acquisition of shares of The First National Bank of Athens.

- Approved, July 17, 2003 

Dallas

Maple Financial Holding Company, Champlin, Minnesota -- to become a bank holding 

company through the acquisition of Maple Bank, a de novo bank.

- Approved, July 18, 2003 

Minneapolis

Marquette Financial Companies, Minneapolis, Minnesota -- to acquire Valley Bancorp, 

Inc., Phoenix, Arizona, and Valley Bank of Arizona.

- Approved, July 15, 2003 

Minneapolis

Peoples Bancshares, Inc., Kansas City, Missouri, and Platte County Bancshares, Inc., 

Platte City -- to acquire additional shares of MidAmerican Bancshares, Inc., 

Harrisonville, parent of Allen Bank and Trust Company.

- Approved, July 17, 2003 

Kansas City

Rurban Financial Corp., Defiance, Ohio -- to dissolve and liquidate RFC Banking 

Company and retain a shell entity as a nonbank subsidiary conducting lending and loan 

servicing activities.

- Approved, July 16, 2003 

Cleveland

(AC) = Addition or Correction Delegated - Page 3 of 7
H.2 Actions under delegated authority July 13, 2003 to July 19, 2003

Bank Holding Companies

Traditions Bancshares, Inc., Cullman, Alabama -- to become a bank holding company 

through the acquisition of Traditions Bank, a de novo bank.

- Approved, July 18, 2003 

Atlanta

Bank Mergers

Gateway Bank & Trust Co., Elizabeth City, North Carolina -- to acquire the assets and 

assume the deposit liabilities of the Elizabeth City branch of National Bank of Commerce, 

Memphis, Tennessee, dba Central Carolina Bank.

- Approved, July 17, 2003 

Richmond

Banks, Foreign

Banco Santander Central Hispano, S.A., Madrid, Spain -- to acquire the capital stock of 

Coutts (USA) International, Miami, Florida.

- Approved, July 18, 2003 

Director, BS&R

Banks, Nonmember, And Miscellaneous Institutions

Coutts (USA) International, Miami, Florida -- to reduce capital through a distribution to 

RBS CBFM North America Corp., New York, New York.

- Approved, July 18, 2003 

Director, BS&R

Banks, State Member

County Bank, Merced, California -- to engage in community development activities.

- Approved, July 16, 2003 

San Francisco

Change In Bank Control

Decatur First Bank Group, Inc., Decatur, Georgia -- change in bank control.

- Permitted, July 15, 2003 

Atlanta

(AC) = Addition or Correction Delegated - Page 4 of 7
H.2 Actions under delegated authority July 13, 2003 to July 19, 2003

Change In Bank Control

First State Bancorp, Inc., Randolph, Nebraska -- change in bank control.

- Permitted, July 14, 2003 

Kansas City

JBI Financial Corporation, Jena, Louisiana -- change in bank control.

- Permitted, July 16, 2003 

Dallas

Ridgedale Financial Services, Inc., Minnetonka, Minnesota -- change in bank control.

- Permitted, July 17, 2003 

Minneapolis

Spirit Bankcorp, Inc., Bristow, Oklahoma -- change in bank control.

- Withdrawn, July 17, 2003 

Kansas City

Yellowstone Holding Company, Columbus, Montana -- change in bank control.

- Permitted, July 17, 2003 

Minneapolis

Competitive Factors Reports

The Citizens National Bank, Laurel, Maryland -- report on competitive factors of the 

proposed acquisition of seven branches of Farmers & Mechanics Bank, Frederick.

- Submitted, July 16, 2003 

Secretary

The Eden State Bank, Eden, Texas -- report on competitive factors of the proposed 

acquisition of the Big Lake branch of Big Lake Bank, N.A., Big Lake.

- Submitted, July 17, 2003 

Dallas

First Bank of Sea Isle City, Sea Isle City, New Jersey -- report on competitive factors of 

the proposed merger with Sea Isle Interim Savings Bank.

- Submitted, July 15, 2003 

Philadelphia

(AC) = Addition or Correction Delegated - Page 5 of 7
H.2 Actions under delegated authority July 13, 2003 to July 19, 2003

Competitive Factors Reports

First Savings Bank of Perkasie, Perkasie, Pennsylvania -- report on competitive factors 

of the proposed merger with Perkasie Interim Merger Savings Bank as part of a 

reorganization from a mutual savings bank to a mutual holding company structure.

- Submitted, July 15, 2003 

Philadelphia

The Heritage Bank, Hinesville, Georgia -- report on competitive factors of the proposed 

merger with Cumberland National Bank, St. Marys.

- Submitted, July 17, 2003 

Atlanta

Mercantile-Safe Deposit and Trust Company, Baltimore, Maryland; The Fidelity Bank, 

Frostburg; Potomac Valley Bank, Gaithersburg; and Westminster Union Bank, 

Westminster -- report on competitive factors of the proposed acquisition of 24 branches 

of Farmers & Mechanics Bank, Frederick.

- Submitted, July 16, 2003 

Secretary

Nicolet Interim National Bank, Menominee, Michigan -- report on competitive factors of 

the proposed merger with Nicolet National Bank, Green Bay, Wisconsin.

- Submitted, July 18, 2003 

Chicago

Pulaski Bank, Creve Coeur, Missouri -- report on competitive factors of the proposed 

purchase of certain assets and assumption of certain liabilities of First Federal Bank, FSB, 

Kansas City.

- Submitted, July 16, 2003 

Kansas City

Valley Bank, Moline, Illinois -- report on competitive factors of the proposed merger with 

Cedar Valley State Bank, Saint Ansgar, Iowa.

- Submitted, July 18, 2003 

Chicago

(AC) = Addition or Correction Delegated - Page 6 of 7
H.2 Actions under delegated authority July 13, 2003 to July 19, 2003

Extensions Of Time

The Farmers & Merchants Bank, Stuttgart, Arkansas -- extension to September 1, 2003, 

to establish a branch at 1950 Whitehead Drive, DeWitt.

- Granted, July 16, 2003 

St. Louis

Membership

Kearney State Bank and Trust Company, Kearney, Nebraska -- membership in the 

Federal Reserve System.

- Approved, July 17, 2003 

Kansas City

(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, July 19, 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, July 19, 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

3A1 SAS rue la Boetie, Paris, France, to indirectly acquire, through 

its 70 percent owned bank subsidiary, Credit Agricole, Paris, 

France, control of Espirito Santo Bank, Miami, Florida, and 

thereby become a bank holding company.

Newspaper – 8/11/2003

Fed. Reg. – 07/10/2003

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, July 19, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) UNB Acquisition National Bank, Souderton, PA, to merge with 

and into Suburban Community Bank, Chalfont, PA.

N/Avail

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

Type Application

Ending date of

comment period

CIC James Wang and Ellen Ruth Kao Wang (husband and wife), 

Gladwyne, PA, Tony Yi Ping Wang and Michelle Yichun Yang 

(husband and wife), Gladwyne, PA, Ellot Hong Wai Wong and 

Michelle Wichun Yang (husband and wife), Gladwyne PA, 

Aubrey Hui-Ju Wang, Gladwyne, PA, and Janet Wang Calilung, 

Irvine, CA, to purchase up to 15.01% of the voting shares of 

Asian Financial Corporation, Philadelphia, PA.

Newspaper: 08/11/2003

Fed. Reg.: N/Avail

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, July 19, 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 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, July 19, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Union Bank and Trust Company, Bowling Green, Virginia, to 

establish a branch at 1773 Parham Road, Richmond, Virginia.*

Newspaper – 07/27/2003

Branch Southern Financial Bank, Warrenton, Virginia, to establish a 

branch at 1001 East Main Street, Richmond, Virginia.*

Newspaper – 07/29/2003

18(c) United Bank, Charleston, West Virginia, to merge with Sequoia 

Bank, Bethesda, Maryland.*

Newspaper – 08/20/2003

*Subject to the provisions of the Community Reinvestment Act.

Section II – Applications subject to both ne wspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(1) Arthur Financial Corporation, Union, South Carolina, to become 

a bank holding company through the acquisition of 100% of the 

voting shares of Arthur State Bank, Union, South Carolina.*

Fed Reg – 08/15/2003 

Newspaper – 08/10/2003

3(a)(3) FOJ Partners, LP, FOJ Partners, II, LP, FOJ Management 

Company LLC, JCO Partners, LP, JCO Partners II, LP, JCO 

Ventures, LLC, HAO Partners, LP, HAO Partners II, LP, HAO 

Management Company LLC, and Frances W. Arthur Irrevocable 

Trust #2 for the Benefit of Frances Oxner Jorgenson, all of 

Union South Carolina, to acquire 61.6% of the voting shares of 

Arthur Financial Corporation, Union, South Carolina, and 

thereby indirectly acquire Arthur State Bank, Union, South 

Carolina.*

Fed Reg – 08/15/2003 

Newspaper – 08/10/2003

3(a)(5) United Bankshares, Inc., Charleston, West Virginia, to acquire 

100% of the voting shares of Sequoia Bancshares, Inc., 

Bethesda, Maryland.*

Fed Reg – 08/15/2003 

Newspaper – 08/20/2003

*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

Member Colonial Virginia Bank, Gloucester, Virginia (a de novo

bank), for 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 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 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, July 19, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

located at 652 Haywood Road, Greenville, South Carolina.*

Newspaper-07/18/2003

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

located at 8401 Broadway Street, Pearland, Texas, to be known 

as the Pearland Branch.*

Newspaper-07/22/2003

*Subject to provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(1) Carver Financial Corporation, Savannah, Georgia, to become a 

bank holding company by acquiring 100 percent of the 

outstanding shares of The Carver State Bank, Savannah, 

Georgia.*

Newspaper-06/21/2003

Fed Reg-06/27/2003

3(a)(1) Citizens Banking Corporation, Frostproof, Florida, to become a 

bank holding company by acquiring 100 percent of the 

outstanding shares of Citizens Bank of Frostproof, Frostproof, 

Florida.*

Newspaper-08/02/2003

Fed Reg-08/08/2003

*Subject to provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

COM Mountain National Bancshares, Inc., Sevierville, Tennessee, 

after-the-fact 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

603232 Bank of Gueydan

Post Office Box 220

Gueydan, Louisiana 70542

(337) 536-9206

04/07/2003 07/16/2003 S X

376237 Merchants & Farmers Bank

Post Office Box 

Eutaw, Alabama 35462

(205) 372-3311

04/07/2003 07/16/2003 O X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, July 19, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Baylake Bank, Sturgeon Bay, Wisconsin, to establish a branch 

facility to be located at 1450 Scheuring Road, De Pere, 

Wisconsin.*

Newspaper – 07/23/2003

* 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

CIC Notice by Harry S. Coin, Moline, Illinois, to acquire control of 

more than 25 percent of the outstanding shares of Ambank 

Holdings, Inc., Rock Island, Illinois, and thereby indirectly 

acquire American Bank & Trust Company, N.A., Davenport, 

Iowa.

Fed Reg – 08/01/2003

Newspaper – N/Avail

3(a)(1) East Dubuque Bancshares, Inc., Dubuque, Iowa, to become a 

bank holding company when its subsidairy, East Dubuque 

Savings Bank, East Dubuque, Illinois, converts from a federal 

savings bank to a state chartered bank.*

Fed Reg – 08/11/2003

Newspaper – N/Avail

3(a)(3) & 4(c)(8) First Fontanelle Bancorporation, Inc., Fontanelle, Iowa, to 

acquire 100 percent of the voting shares of Corn Belt 

Bancorporation, Inc., Anita, Iowa, and thereby indirectly acquire 

Union National Bank, Anita, Iowa, and to acquire Corn Belt 

Insurance Agency, Massena, Iowa, and thereby to engage in 

insurance agency activities.*

Fed Reg – 08/18/2003

Newspaper – N/Avail

CIC Notice by Daniel A. Hamann, Omaha, Nebraska, Esther 

Hamann Brabec, Omaha, Nebraska, and Julie Hamann 

Bunderson, Elkhorn, Nebraska, both "acting in concert" and 

each individually to gain control of Great Western 

Bancorporation, Inc., Omaha, Nebraska.

Fed Reg – 08/01/2003

Newspaper – N/Avail
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(1) & 4(c)(8) Kankakee Bancorp, Inc., Kankakee, Illinois, to become a bank 

holding company by merging with Aviston Financial 

Corporation, Aviston, Illinois, and thereby indirectly acquiring 

100 percent of the voting shares of State Bank of Aviston, 

Aviston, Illinois; to retain control of KFS Bank, F.S.B., 

Kankakee, Illinois, and thereby operate a savings association; to 

engage in real estate appraisal services through KFS Service 

Corp., Kankakee, Illinois, a wholly-owned subsidiary of KFS 

Bank F.S. B., Kankakee, Illinois, and to engage in securities 

brokerage activities through KFS Insurance Agency, Inc., 

Kankakee, Illinois, a wholly-owned subsidiary of KFS Service 

Corp., Kankakee, Illinois, which is a wholly-owned subsidiary 

of KFS Bank, F.S.B., Kankakee, Illinois.*

Fed Reg – 07/12/2003

Newspaper – N/Avail

3(a)(5) Merchants & Manufacturers Bancorporation, Inc., Brookfield, 

Wisconsin and Merchants Merger Corp., Brookfield, Wisconsin, 

to acquire 100 percent of the voting shares of Random Lake 

Bancorp, Limited, Random Lake, Wisconsin, and thereby 

indorectly acquire Wisconsin State Bank, Random Lake, 

Wisconsin.*

Fed Reg – 08/15/2003

Newspapepr – N/Avail

3(a)(3) Merchants & Manufacturers Bancorporation, Inc., Brookfield, 

Wisconsin and Merchants New Merger Corp., Brookfield, 

Wisconsin, to acquire 100 percent of the voting shares of 

Reedsburg Bancorporation, Inc., Reedsburg, Wisconsin, and 

thereby indorectly acquire The Reedsburg Bank, Reedsburg, 

Wisconsin.*

Fed Reg – 08/15/2003

Newspaper – N/Avail

3(a)(1) New City Bancorp, Inc., Chicago, Illinois, to become a bank 

holding company through the acquisition of 100 percent of the 

voting shares of New City Bank (in organization), Chicago, 

Illinois.*

Fed Reg – 08/18/2003

Newspaper – 08/12/2003

CIC Notice by Scott and Nancy Taylor, Estherville, Iowa, to acquire 

an additional 42,500 shares of NorthStar Bancshares, Inc., 

Estherville, Iowa, and thereby increase their ownership from 

2.67% to 15.44%.

Fed Reg – 07/21/2003

Newspaper – 08/05/2003

3(a)(3) Oswego Community Bank Employee Stock Ownership Plan, 

Oswego, Illinois, to increase their ownership from 32.96 percent 

to 51 percent of Oswego Bancshares, Inc., Oswego, Illinois, and 

thereby indirectly acquire Oswego Community Bank, Owsego, 

Illinois.*

Fed Reg – 08/15/2003

Newpaper – N/Avail

3(a)(1) TeamCo, Inc., Oak Lawn, Illinois, to become a bank holding 

company through the acquisition of 100 percent of the voting 

shares of Oak Lawn Bank, Oak Lawn, Illinois.*

Fed Reg – 08/15/2003

Newspaper – N/Avail

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

Type Application

Ending date of

comment period

4(c)(8) Hinsbrook Bancshares, Inc., Willowbrook, Illinois, proposes to 

engage de novo in extending credit and servicing loans.

Fed Reg – 08/05/2003

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

Type Application

Membership New City Bank (in organization), Chicago, Illinois, 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 obta ined 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

937843 Blissfield State Bank

204 E. Jefferson

Blissfield, Michigan 49228

(517) 486-2151

03/24/2003 07/14/2003 S X

1936320 Prairie Bank & Trust

7661 S. Harlem Avenue

Bridgeview, Illinois 60455

(708) 599-0100

04/07/2003 07/17/2003 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, July 19, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch First Bank, St. Louis, Missouri, to establish a branch facility to 

be located at 1375 Harbor Boulevard, Fullerton, California.*

Newspaper – 07/26/2003

* 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

CIC Notice by Farbod S. Zohouri, Flowery Branch, Georgia, to gain 

control of Texico Bancshares Corporation, Texico, Illinois. 

(Previously submitted during the week ending July 12, 2003)

Newspaper - 07/31/2003

Fed Reg – 08/04/2003

3A3 Campbell Hill Bancshares, Inc., Campbell Hill, Illinois, to 

acquire 100 percent of Southwest Illinois Bancshares, Inc., 

Coulterville, Illinois, and thereby indirectly acquire The First 

National Bank of Coulterville, Coulterville, Illinois.*

Newspaper – 08/24/2003

Fed Reg – N/Avail

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

823142 DuQuoin State Bank

DuQuoin, Illinois

03/31/2003 07/14/2003 S X

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, July 19, 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 Retroactive Change in control notice by the Gary M. McKellips 

Revocable Trust and the Debra K. McKellips Revocable Trust, 

to retain control of First State Banking Corp., Alcester, South 

Dakota, and thereby indirectly retain control of State Bank of 

Alcester, Alcester, South Dakota.

Fed Reg- 07/21/2003

Newspaper- 07/24/2003

CIC Retroactive notice by Fredrick Bernard Gariepy and the Peter 

Gariepy Estate Trust, Fredrick Gariepy as trustee, both of St. 

Ignatius, Montana, to retain control of Lake County Bank, St. 

Ignatius, Montana.

Fed Reg- 08/07/2003

Newspaper- N/Avail

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

Member Peoples State Bank of Truman, Inc., Truman, Minnesota, 

proposes 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 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, July 19, 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 the 2003 Voting Trust Agreement and its trustees: 

Forest Levan Kelly, Oliver Tracy Kelly, and Albert Charles

Kelly, all of Bristow, Oklahoma; William Royce Kelly, Tulsa, 

Oklahoma; and Allison Asbury Kelly, Okemah, Oklahoma, to 

acquire control of Spirit Bankcorp, Inc., Bristow, Oklahoma, 

parent of SpiritBank, Tulsa, Oklahoma.

Newspaper - 06/23/2003

Fed Reg - 06/23/2003

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

Extension Request Request by First United Bank, Englewood, Colorado for an 

extension of time from July 22, 2003 to October 22, 2003, in 

which to consummate the establishment of a branch at 6500 

West 104th Avenue, Westminster, Colorado.
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

686459 Exchange Bank of Missouri

101 S. Church

Fayette, Missouri 65248-1247

03/31/2003 07/15/2003 S X

491251 Central Bank of Missouri

1601 S. Limit

Sedalia, Missouri 65301-6943

04/21/2003 07/18/2003 S X

544951 Cowboy State Bank

515 Dayton Street

Ranchester, Wyoming 82839

04/14/2003 07/18/2003 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, July 19, 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, July 19, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Farmers & Merchants Bank of Rockford, Spokane, Washington, 

to establish a branch facility to be located at 2501 W. Wellesley, 

Spokane, Washington.*

Newspaper – 07/04/2003

* 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) Heritage Oaks Bancorp, Paso Robles, California, to acquire 100 

percent of Hacienda Bank, Santa Maria, California.*

Newspaper – 08/13/2003

Fed Reg – 08/11/2003

CIC Notice by Robert Lee McKean, North Plains, Oregon, to 

increase his ownership in Albina Community Bancorp, Portland, 

Oregon.*

Newspaper – N/Avail 

Fed Reg – 07/17/2003

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

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

2209553 Heritage Bank of Commerce

150 Almaden Blvd.

San Jose, California 95113

(408) 494-4502

03/17/2003 07/14/2003 S X

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

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

for errors or omissions.

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None