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 2, 2002 

Board of Governors of the Federal Reserve System, Washington, DC 20551 
H.2 Board Actions February 24, 2002 to March 2, 2002 

Forms 

Forms -- to implement the Intermittent Survey of Businesses (FR 1374); and to extend 

with revision the Notification of Foreign Branch Status (FR 2058), Consolidated Financial 

Statements for Bank Holding Companies (FR Y-9C), Parent Company Only Financial 

Statements for Large Bank Holding Companies (FR Y-9LP), Parent Company Only 

Financial Statements for Small Bank Holding Companies (FR Y-9SP), Supplement to the 

Consolidated Financial Statements for Bank Holding Companies (FR Y-9CS), and 

International Applications and Prior Notifications under Subparts A and C of Regulation 

K (FR K-1). 

- Approved, February 25, 2002 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority February 24, 2002 to March 2, 2002 

BS&R Banking Supervision and Regulation RBOPS Reserve Bank Operations and Payment Systems 

IF International Finance 

OSDM Office of Staff Director for Management 

C&CA Consumer and Community Affairs 

FOMC Federal Open Market Committee 

Bank Branches, Domestic 

St. Louis 

Arvest Bank, Rogers, Arkansas -- to establish a branch at 700 West New Hope Road. 

- Approved, February 28, 2002 

Chicago 

Dallas 

Atlanta 

Atlanta 

Byron Center State Bank, Byron Center, Michigan -- to establish branches at 1963 

Baldwin Street, Jenison, and 1146 Superior Street, Wayland. 

- Withdrawn, March 1, 2002 

Citizens Bank, Slaton, Texas -- to establish a branch at 711 North Main Street, 

Shamrock. 

- Approved, February 28, 2002 

Compass Bank, Birmingham, Alabama -- to establish branches in Albertson's grocery 

stores at the intersections of West Carefree Highway and Interstate 17, Phoenix, Arizona, 

and South Lindsey and East Warner Roads, Gilbert. 

- Approved, February 25, 2002 

First Commercial Bank of Florida, Orlando, Florida -- to establish a branch at 12901 

West Colonial Boulevard, Winter Green. 

- Approved, February 20, 2002 (AC) 

Kansas City 

First United Bank, Englewood, Colorado -- to establish a branch at 740 17th Street, 

Denver. 

- Approved, February 28, 2002 

New York 

JPMorgan Chase Bank, New York, New York -- to establish a branch at 300 Crescent 

Court, Dallas, Texas. 

- Approved, February 25, 2002 

(AC) = Addition or Correction Delegated - Page 1 of 8 
H.2 Actions under delegated authority February 24, 2002 to March 2, 2002 

Bank Branches, Domestic 

Atlanta 

SouthTrust Bank, Birmingham, Alabama -- to establish a branch at the intersection of 

Highway 64 and Appling Road, Memphis, Tennessee. 

- Approved, February 26, 2002 

Secretary 

SunTrust Bank, Atlanta, Georgia -- to establish branches at 3480 Georgia State Highway 

124, Dacula, and 5660 Baltimore National Pike, Baltimore, Maryland. 

- Approved, February 27, 2002 

Cleveland 

Western Reserve Bank, Medina, Ohio -- to establish a branch at Camelot Place, 49A 

Leisure Lane. 

- Approved, February 25, 2002 

Bank Holding Companies 

Secretary 

Atlanta 

Atlanta 

Chinatrust Financial Holding Company, Ltd., Taipei, Republic of China -- commenter's 

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

company through the acquisition of Chinatrust Commercial Bank, Ltd., and Chinatrust 

Bank (U.S.A.), Torrance, California. 

- Denied, February 26, 2002 

Colonial BancGroup, Inc., Montgomery, Alabama -- to merge with Mercantile Bancorp, 

Inc., Dallas, Texas; and for Colonial BancGroup's subsidiary bank, Colonial Bank, to 

merge with Mercantile Bancorp's subsidiary bank, First Mercantile Bank, N.A. 

- Approved, March 1, 2002 

Colony Bankcorp, Inc., Fitzgerald, Georgia -- to acquire Quitman Bancorp, Inc., 

Quitman, and its subsidiary, Quitman Federal Savings Bank, and thereby engage in 

operating a savings association. 

- Approved, February 28, 2002 

(AC) = Addition or Correction Delegated - Page 2 of 8 
H.2 Actions under delegated authority February 24, 2002 to March 2, 2002 

Bank Holding Companies 

Kansas City 

Colorado Funding Company, Denver, Colorado -- to engage in acquiring and holding 

loans. 

- Approved, February 26, 2002 

St. Louis 

Concord EFS, Inc., Longmont, Colorado -- to acquire Logix Companies, LLC and to 

engage through Logix and its domestic subsidiaries in check verification and data 

processing activities and to engage in data processing activities abroad through TNS 

Smart Network, Inc., Etobicoke, Ontario, Canada. 

- Approved, February 28, 2002 

Cleveland 

First Commonwealth Financial Corporation, Indiana, Pennsylvania -- to acquire Strategic 

Capital Concepts, Inc., Allison Park, and Strategic Financial Advisors, Inc. 

- Approved, February 25, 2002 

Richmond 

First Reliance Bancshares, Inc., Florence, South Carolina -- to become a bank holding 

company through the acquisition of First Reliance Bank. 

- Approved, February 25, 2002 

Atlanta 

Folkston Investors LLC, Savannah, Georgia -- to become a bank holding company 

through the acquisition of First National Corporation, Folkston, and its subsidiary, First 

National Bank of Folkston. 

- Approved, February 25, 2002 

Minneapolis 

Frandsen Financial Corporation, Arden Hills, Minnesota -- to acquire Community 

National Corporation, Grand Forks, North Dakota, and thereby indirectly acquire 

Community National Bank of Grand Forks, and to engage in data and item processing 

and check imaging services through Document Processing and Imaging Corporation. 

- Approved, February 28, 2002 

(AC) = Addition or Correction Delegated - Page 3 of 8 
H.2 Actions under delegated authority February 24, 2002 to March 2, 2002 

Bank Holding Companies 

Chicago 

Grant County State Bancshares, Inc. Employees Stock Ownership Plan, Swayzee, 

Indiana -- to acquire additional shares of Grant County State Bancshares, Inc. and 

thereby acquire Grant County State Bank. 

- Approved, February 26, 2002 

Dallas 

Lubco Bancshares, Inc., Slaton, Texas -- to acquire Shamrock Bancshares, Inc., 

Shamrock; Shamrock Delaware Financial, Inc., Dover, Delaware; and First National 

Bank, Shamrock; and for First National Bank to merge with Lubco Bancshares' 

subsidiary bank, Citizens Bank, Slaton. 

- Approved, February 28, 2002 

Secretary 

South Alabama Bancorporation, Inc., Mobile, Alabama -- to merge with Gulf Coast 

Community Bancshares, Inc., Wewahitchka, Florida, and thereby acquire Wewahitchka 

State Bank. 

- Approved, February 27, 2002 

Kansas City 

Wausa Banshares, Inc., Wausa, Nebraska -- to acquire Anderson Insurance, Bloomfield, 

and thereby engage in general insurance agency activities. 

- Approved, February 27, 2002 

Bank Mergers 

Chicago 

Town & Country Bank of Springfield, Springfield, Illinois -- to merge with Bank of 

Palmyra, Palmyra, and to establish a branch. 

- Approved, February 25, 2002 

Bank Premises 

Atlanta 

Tennessee State Bank, Pigeon Forge, Tennessee -- to increase its investment in bank 

premises. 

- Approved, February 26, 2002 

(AC) = Addition or Correction Delegated - Page 4 of 8 
H.2 Actions under delegated authority February 24, 2002 to March 2, 2002 

Banks, Foreign 

Director, BS&R 

ICICI Bank Limited, Mumbai, India -- to establish a representative office in New York, 

New York. 

- Approved, February 25, 2002 

Change In Bank Control 

Atlanta 

FirstBancorp, Inc., Naples, Florida -- change in bank control. 

- Withdrawn, February 27, 2002 

Kansas City 

Kingsbury BDC Financial Services, Inc., Ponca, Nebraska -- change in bank control. 

- Permitted, March 1, 2002 

Chicago 

Lenawee Bancorp, Inc., Adrian, Michigan -- change in bank control. 

- Permitted, February 26, 2002 

Competitive Factors Reports 

St. Louis 

Allegiant Bank, St. Louis, Missouri -- report on competitive factors of the proposed 

merger with The Bank of St. Charles County, St. Charles. 

- Submitted, February 27, 2002 

Minneapolis 

First Dakota National Bank, Yankton, South Dakota -- report on competitive factors of 

the proposed purchase of assets and assumption of liabilities of the Chamberlain and 

Kimball branches of Marquette Bank, National Association, Rogers, Minnesota. 

- Submitted, February 25, 2002 

New York 

The Oneida Savings Bank, Oneida, New York -- report on competitive factors of the 

proposed acquisition of the assets of State Bank of Chittenango, Chittenango. 

- Submitted, February 28, 2002 

(AC) = Addition or Correction Delegated - Page 5 of 8 
H.2 Actions under delegated authority February 24, 2002 to March 2, 2002 

Competitive Factors Reports 

Chicago 

Pacific Global Bank, Chicago, Illinois -- report on competitive factors of the proposed 

merger with PGB Interim Bank. 

- Submitted, February 25, 2002 

San Francisco 

Palomar Community Bank, Escondido, California -- report on competitive factors of the 

proposed merger with Redlands Centennial Bank, Redlands. 

- Submitted, February 28, 2002 

Minneapolis 

Plains Commerce Bank, Hoven, South Dakota -- report on competitive factors of the 

proposed merger with one of the Watertown branches of Marquette Bank, National 

Association, Rogers, Minnesota. 

- Submitted, February 28, 2002 

St. Louis 

Shelby County Trust Bank, Shelbyville, Kentucky -- report on competitive factors of the 

proposed merger with Commonwealth Bank and Trust Company, Louisville. 

- Submitted, February 27, 2002 

Chicago 

State Bank of Winslow-Warren, Winslow, Illinois -- report on competitive factors of the 

proposed merger with Orangeville Community Bank, Orangeville. 

- Submitted, February 25, 2002 

Extensions Of Time 

Chicago 

Associated Banc-Corp., Green Bay, Wisconsin -- extension to May 5, 2002, to acquire 

Signal Financial Corporation, Mendota Heights, Minnesota, and its banking and 

nonbanking subsidiaries. 

- Granted, February 25, 2002 

(AC) = Addition or Correction Delegated - Page 6 of 8 
H.2 Actions under delegated authority February 24, 2002 to March 2, 2002 

Extensions Of Time 

Director, BS&R 

HSBC Holdings plc, London, United Kingdom -- extension to June 30, 2002, to 

conform the activities of the Portland, Oregon, and Seattle, Washington, branches of 

HSBC Bank Canada, Vancouver, Canada, to the requirements of Regulation K. 

- Granted, February 28, 2002 

Kansas City 

West Point Bancorp, Inc., West Point, Nebraska -- extension to June 7, 2002, to 

acquire Town & Country Bank, Inc., Las Vegas, Nevada. 

- Granted, February 25, 2002 

Financial Holding Companies 

Minneapolis 

Montana Community Banks, Inc., Ronan, Montana -- election to become a financial 

holding company. 

- Effective, March 1, 2002 

International Operations 

New York 

JPMorgan Chase Bank, New York, New York -- to establish a de novo office at SC 

Estate Sion Farm, St. Croix, Virgin Islands. 

- Withdrawn, February 28, 2002 

Membership 

Atlanta 

Century Bank of Florida, Tampa, Florida -- to become a member of the Federal Reserve 

System. 

- Approved, March 1, 2002 

Atlanta 

Rivoli Bank & Trust, Macon, Georgia -- to become a member of the Federal Reserve 

System. 

- Approved, March 1, 2002 

(AC) = Addition or Correction Delegated - Page 7 of 8 
H.2 Actions under delegated authority February 24, 2002 to March 2, 2002 

Securities Regulation 

Director, BS&R 

Grand National Bank, Alhambra, California -- exemption from section 23A of the 

Federal Reserve Act to acquire certain assets from the Los Angeles branch of Bank of 

East Asia, Hong Kong Special Administrative Region, People's Republic of China. 

- Granted, March 1, 2002 

(AC) = Addition or Correction Delegated - Page 8 of 8 
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, March 2, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

3(a)(1) South Coastal Holdings MHC, Inc., Rockland, Massachusetts - Newspaper - 03/18/2002 

application to become a mutual bank holding company through Fed Reg - 03/25/2002 

the acquisition of South Coastal Bank, Rockland, Massachusetts 

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 

4(c)(8) The Royal Bank of Scotland Group plc, Edinburgh, Scotland -

notification to make an indirect investment in Digital Signature 

Trust Company, Salt Lake City, Utah 
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 2, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Rep. Office Natexis Banque Popularies S.A., Paris, France, to establish a Newspaper – N/A 

representative office in Miami, Florida* 

* 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 

4c8 Notice by Bayerische Hypo-und Vereinsbank Fed. Reg. – N/A 

Aktiengesellschaft, Munich, Germany, Barclays PLC and 

Barclays Bank PLC, both of London, England, in conncetion 

with the acquisition by Identrus, LLC of Digital Signature Trust 

Company, to engage in certain nonbanking activities through 

Identrus. 
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 2, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Woodlands Bank, Williamsport, PA, to establish a branch N/Avail 

office at 973 Lycoming Mall Drive, Lycoming County, 

Pennsdale, 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 2, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) Branch Received application from The Citizens Banking Company, 

Sandusky, OH to merge with the Citizens National Bank of 

Norwalk, Norwalk, OH and iuncident thereto establish branch 

facilities.* 

02/28/2002

Branch Received application from Provident Bank, Cincinnati, OH to 

establish a branch at 1788 Tamiami Trail, Venice, FL.* 

Not Available 

* 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 

CIC Received Interagency Notice of Change in Control from Messrs. Fed. Reg. – 02/14/2002 

John W. Straker, Bonita Springs, FL and John W. Straker, Jr., Newspaper – 02/20/2002 

Granville, OH of their intent to retain control of up to 

approximately 11.5% of the voting shares outstanding of 

BancFirst Ohio Corp., Zanesville, OH. 

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 Notification seeking an exemption from the director interlock 

requirements of Regulation L with respect to R. Cary Blair, 

Chairman of FirstMerit Corportion, Akron, OH and who also 

serves of the board of diretors of FRB Cleveland, OH. 
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 2, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch First Vantage Bank/Tri-Cities, Bristol, Virginia, to establish a Newspaper - 03/15/2002 

branch at 104 University Parkway, Suite 1, Johnson City, 

Tennessee.* 

*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 

CIC Notice by Frederick Willetts, III, individually and together with Fed Reg - 03/14/2002 

members of his immediate family and various family trusts, to Newspaper - 03/13/2002 

control 17.82% of the voting shares of Cooperative Bankshares, 

Inc., Wilmington, North Carolina.* 

*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 

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 2, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) Regions Bank, Birmingham, Alabama, to merge with 03/20/2002* 

Independence Bank, N.A., Houston, Texas. 

*Subject to provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

COM Red River Bancshares, Inc., Alexandria, Louisiana, commitment 

waiver request. 

3(a)(1) People’s Community BancShares, Inc., notice to become a bank 

holding company by acquiring People’s Community Bank of the 

West Coast, both of Sarasota, Florida. 

3(a)(1) Community Financial Holding Company, Inc., Duluth, Georgia, 

notice to become a bank holding company by acquiring 

Gwinnett Community Bank, Duluth, 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 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 2, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) Regions Bank, Birmingham, Alabama, to merge with 03/20/2002* 

Independence Bank, N.A., Houston, Texas. 

*Subject to provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

COM Red River Bancshares, Inc., Alexandria, Louisiana, commitment 

waiver request. 

3(a)(1) People’s Community BancShares, Inc., notice to become a bank 

holding company by acquiring People’s Community Bank of the 

West Coast, both of Sarasota, Florida. 

3(a)(1) Community Financial Holding Company, Inc., Duluth, Georgia, 

notice to become a bank holding company by acquiring 

Gwinnett Community Bank, Duluth, 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 available. 

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, March 2, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Chemical Bank and Trust Company, Midland, Michigan, to 

establish a branch facility to be located at Independence Village, 

2325 N. Rockwell, Midland, Michigan.* 

18(c) & Branches Johnson Bank, Racine, Wisconsin, for prior approval to merge 

with Johnson Bank Hayward, Hayward, Wisconsin and thereby 

to establish branches at Hwy 63 North, Hayward, Wisconsin, 

209 Dakota South, Hayward, Wisconsin, 340 S. Main Street, 

Rice Lake, Wisconsin and 329 S. River Street, Spooner, 

Wisconsin.* 

18(c) & Branches M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin, to merge 

with Richfield Bank & Trust Co., Richfield, Minnesota and 

thereby to establish 21 branches.* 

18(c) & Branches M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin, to merge 

with Century Bank, National Association, Eden Prairie, 

Minnesota and thereby to establish branches at 11455 Viking 

Drive, Eden Prairie, Minnesota, 575 Wayzata Boulevard, St. 

Lois Park, Minnesota and 3500 129th Avenue NW, Coon 

Rapids, Minnesota.* 

Newspaper – 02/28/2002 

Newspaper – N/Avail 

Newspaper – 03/09/2002 

Newspaper – 03/09/2002 

* 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) The Baraboo Bancorporation, Inc., Baraboo, Wisconsin, to 

acquire 100 percent of The Bancorp, Inc., Cedarburg, Wisconsin 

and thereby indirectly acquire Northwoods State Bank, Elcho, 

Wisconsin.* 

Fed Reg – 04/01/2002 

Newspaper – N/Avail 

3(a)(3) Gifford Bancorp, Inc. Employee Stock Ownership Plan, Gifford, 

Illinois, to acquire 100 percent of Gifford Bancorp, Inc., Gifford, 

Illinois and thereby indirectly acquire The Gifford State Bank, 

Gifford, Illinois.* 

Fed Reg – N/Avail 

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

Ending date of 

Type Application comment period 

3(a)(3) Grant County State Bancshares, Inc. Employees Stock 

Ownership Plan, Swayzee, Indiana, for prior approval to acquire 

additional shares to increase control from 31.99 percent to 33.28 

percent of the voting shares of Grant County State Bancshares, 

Inc., Swayzee, Indiana and thereby indirectly acquire Grant 

County State Bank, Swayzee, Indiana.* 

Fed Reg – 02/25/2002 

Newspaper – 02/18/2002 

3(a)(1) & 4(c)(8) Savanna-Thomson Investment, Inc., Fulton, Illinois, for prior 

approval to become a bank holding company through the 

acquisition of 100 percent of the voting shares of Thomson 

Investment Company, Inc., Thomson, Illinois and thereby 

indirectly acquire Savanna State Bank, Savanna, Illinois and 

Thomson State Bank, Thomson, Illinois, and to engage in the 

activity of making and servicing loans through the establishment 

of Thomson LLC, Fulton, Illinois.* 

Fed Reg – 03/05/2002 

Newspaper – 03/02/2002 

3(a)(1) SBN Community Bancorp, Inc., Newburg, Wisconsin, to 

become a bank holding company by acquiring 100 percent of 

State Bank of Newburg, Newburg, Wisconsin.* 

Fed Reg – 03/25/2002 

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 

3(a)(1) Notice SV Financial, Inc., Sterling, Illinois, to become a bank holding 

company by acquiring 100 percent of Sauk Valley Bank & Trust 

Company, Sterling, Illinois. 
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 

1887516 Bloomingdale Bank and Trust 

150 S. Bloomingdale Road 

Bloomingdale, Illinois 60108 

(630) 924-8500 

10/01/2001 02/26/2002 S X

357740 Villa Park Trust and Savings 

10 S. Villa Avenue 

Villa Park, Illinois 60181 

(630) 834-0800 

11/05/2001 02/28/2002 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 2, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) Branch Arvest Bank, Fayetteville, Arkansas, to merge with WestStar 

Bank, Bartlesville, Oklahoma; Arvest Bank, Duncan, Oklahoma 

Arvest Bank, Norman, Oklahoma; and Arvest Bank, Shawnee, 

Oklahoma. Also, Arvest Bank, Fayetteville, Arkansas, to retain 

the acquired facilities as branch offices.* (Previously submitted 

during the week ending February 23, 2002) 

Branch Arvest Bank, Fayetteville, Arkansas, to establish a branch 

facility to be located at 1170 N. Salem Road, Fayetteville, 

Arkansas.* 

Newspaper – 03/15/2002 

Newspaper – 03/08/2002 

* 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 

CIC Midwest Community Bancshares, Inc., Marion, Illinois, by 

Dennis F. Doelitzsch, Marion, Illinois, to retain 10.08 percent. 

CIC Century Bancshares, Inc., Gainesville, Missouri, by John L. 

Harlin, Gainesville, Missouri, to retain direct and indirect 

control of 30.43 percent. 

CIC Central Bancompany, Inc., Jefferson City, Missouri, by David 

C. Harrison to become co-trustee of the Central Bancompany 

Voting Trust Agreement which controls Central Bancompany, 

Inc., Jefferson City, Missouri. 

Newspaper – N/Avail Fed 

Reg – 03/19/2002 

Newspaper – N/Avail Fed 

Reg – 03/19/2002 

Newspaper – 03/22/2002 

Fed Reg – 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 

US Org Overseas 

Investment 

Union Planters Bank, N.A., Memphis, Tennessee, to establish 

Union Planters Hong Kong, Inc., Memphis, Tennessee, an 

agreement corporation, pursuant to Section 211.5(g) of 

Regulation K. 

3A5C Century Bancshares, Inc., Lawrenceburg, Kentucky, to become a 

bank holding company by acquiring 100 percent of Century 

Bank of Kentucky, Inc., Lawrenceburg, Kentucky. 

3A5C Kilmichael Bancorp, Inc., Kilmichael, Mississippi, to become a 

bank holding company by acquiring 100 percent of Bank of 

Kilmichael, Kilmichael, Mississippi. 

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 2, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

3(a)(3) First Financial Corporation, Arthur, North Dakota, to acquire 

100% of Omega City Holding Company, La Moure, North 

Dakota, and thereby indirectly acquire First State Bank of La 

Moure, La Moure, North Dakota.* 

CIC The Thelen Family Limited Liability Limited Partnership 2, 

Baxter, Minnesota, to gain control of American Bancorporation 

of Minnesota, Inc., Brainerd, Minnesota, and thereby indirectly 

gain control of American National Bank of Minnesota, Baxter, 

Minnesota. 

Fed Reg – 03/28/2002 

Newspaper – 03/31/2002 

Fed Reg – N/Avail 

Newspaper – 03/13/2002 

*Subject to the provisions of the Community Reinvestment Act. 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

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 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, March 2, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Bank of Colorado, Fort Collins, Colorado, for prior approval to 

establish a branch at 5628 W. 19th Street, Suite 2, Greeley, 

Colorado. 

Newspaper – 03/02/2002 

Branch Bank of Colorado, Fort Collins, Colorado, for prior approval to 

establish a branch at 7791 Highland Meadows Parkway, Suite 3, 

Windsor, Colorado. 

Newspaper – 03/02/2002 

Branch First United Bank, Englewood, Colorado, for prior approval to 

establish a branch at 740 17th Street, Denver, Colorado. 

Newspaper – 01/31/2002 

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

Ending date of 

Type Application comment period 

3(a)(1) Docking Bancshares, Inc., Arkansas City, Kansas, for prior 

approval to become a bank holding company through the 

acquisition of 100 percent of the voting shares of Union State 

Bank, Arkansas City, Kansas. 

Newspaper – 03/15/2002 

Fed Reg – 03/29/2002 

CIC Paul J. Thompson, Leawood, Kansas; Mark C. Thompson, 

Kansas City, Missouri; and Timothy J. Thompson, Fairway, 

Kansas, as trustees of a voting trust, to acquire control of CCB 

Corporation, Kansas City, Missouri, parent of Country Club 

Bank, N.A., Prairie Village, Kansas, and to acquire 37 percent of 

the voting shares of Acquisition Corporation, Leawood, Kansas, 

parent of MidAmerican Bank & Trust Company, N.A., 

Leavenworth, Kansas. 

Newspaper – 03/11/2002 

Fed Reg – 03/04/2002 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

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

Type Application 

S/R Osborne Investments, Inc., Osborne, Kansas, for prior approval 

to redeem 746.25 shares of its voting common stock. 

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 

554857 Five Points Bank 

2015 N. Broadwell 

Grand Island, Nebraska 68803-2759 

419255 First Bank & Trust Company 

710 S. Park Drive 

Broken Bow, Oklahoma 74728-3999 

87159 First State Bank of Newcastle 

24 N. Sumner Avenue 

Newcastle, Wyoming 82701-2138 

638850 Fidelity State Bank & Trust Company 

510 2nd Street 

Dodge City, Kansas 67801-1120 

11/26/2001 02/25/2002 S X 

11/26/2001 02/25/2002 S X 

12/03/2001 02/27/2002 S X 

12/10/2001 02/27/2002 S X 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, March 2, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

CIC The Jeff Austin, Jr. Dynasty Trust and The Laural P. (“Sissy”) Fed Reg – 03/14/2002 

Austin Dynasty Trust, both of Jacksonville, TX, to acquire an Newspaper – N/Avail 

interest in JSA Family Limited Partnership, Jacksonville, TX 

(previously reported the week ending February 23, 2002) 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

Member Riverbend Bank, National Association, Fort Worth, TX, to 

become a member of the Federal Reserve System 

3(a)(1) Tanglewood Bancshares, Inc., Houston, TX, to acquire 

Tanglewood Bancshares of Delaware, Inc., Wilmington, DE, 

and Bank of Tanglewood, National Association, Houston, TX 

3(a)(1) Tanglewood Bancshares of Delaware, Inc., Wilmington, DE, to 

acquire Bank of Tanglewood, National Association, Houston, 

TX 
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 

1447639 Bank of the West 

500 N. Mesa Street 

El Paso, Texas 79901-1385 

564557 Falcon International Bank 

5219 McPherson Road 

Laredo, Texas 78041 

603755 First State Bank 

2002 Main Street 

Junction, Texas 76849-4624 

11/05/2001 03/04/2002 O X 

10/22/2001 03/04/2002 S X 

11/26/2001 03/04/2002 S X 

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 2, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None