Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 7

Week Ending February 14, 2004

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions February 8, 2004 to February 14, 2004

Enforcement

Hocking Valley Bank, Athens, Ohio -- consent order of assessment of a civil money 

penalty.

- Announced, February 9, 2004 

(AC) = Addition or Correction Board - Page 1 of 1
February 8, 2004 to February 14, 2004

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

Citizens Bank, Flint, Michigan -- to establish a branch at 9749 Dixie Highway, Springfield 

Township.

- Approved, February 13, 2004 

Chicago

Cumberland Bank South, Franklin, Tennessee -- to establish branches at 320 Main Street 

and 4922 Columbia Highway, Spring Hill.

- Approved, February 11, 2004 

Atlanta

Hinsdale Bank & Trust Company, Hinsdale, Illinois -- to establish a branch at 1111 

Warren Avenue, Downers Grove.

- Approved, February 11, 2004 

Chicago

PlainsCapital Bank, Lubbock, Texas -- to establish a branch at 1629 West Hebron 

Parkway, Carrollton.

- Approved, February 10, 2004 

Dallas

The Provident Bank, Cincinnati, Ohio -- to establish a branch at Union Centre Shopping 

Center at Union Center Boulevard and State Route 747, West Chester Township.

- Approved, February 11, 2004 

Cleveland

RBC Centura Bank, Rocky Mount, North Carolina -- to establish a branch at 3265 

Peachtree Parkway, Suwanee, Georgia.

- Approved, February 11, 2004 

Richmond

Rivoli Bank & Trust, Macon, Georgia -- to establish a branch at 1551 Bass Road.

- Approved, February 12, 2004 

Atlanta

(AC) = Addition or Correction Delegated - Page 1 of 5
H.2 Actions under delegated authority February 8, 2004 to February 14, 2004

Bank Branches, Domestic

SunTrust Bank, Atlanta, Georgia -- to establish branches at the intersection of Camp 

Creek Parkway and North Commerce Drive, East Point, and at 1900 Gunbarrel Road, 

Chattanooga, Tennessee.

- Approved, February 12, 2004 

Secretary

Bank Holding Companies

Bancorp of Winona, Inc., Winona, Mississippi -- to become a bank holding company 

through the acquisition of Bank of Winona.

- Approved, February 9, 2004 

St. Louis

Bank of Choice Holding Company, Evans, Colorado -- to become a bank holding 

company through the acquisition of Weld County Bank.

- Approved, February 9, 2004 

Kansas City

City Bancorp, Springfield, Missouri -- to merge with Signature Bancshares, Inc. and 

thereby acquire Signature Bank.

- Approved, February 11, 2004 

St. Louis

Community Bancshares of Mississippi, Inc., Brandon, Mississipi -- to acquire Security 

Bancshares, Inc., Amory, and Security Bank.

- Approved, February 12, 2004 

Atlanta

Fentura Financial, Inc., Fenton, Michigan -- to merge with West Michigan Financial 

Corporation, Hudsonville, and thereby acquire West Michigan Community Bank.

- Approved, February 9, 2004 

Chicago

(AC) = Addition or Correction Delegated - Page 2 of 5
H.2 Actions under delegated authority February 8, 2004 to February 14, 2004

Bank Mergers

Iowa State Bank, Hull, Iowa -- to purchase the assets and assume the liabilities of the 

Paullina branch of American Interstate Bank, Manning, and thereby establish a branch.

- Approved, February 13, 2004 

Chicago

Bank Premises

The Bank of Marion, Marion, Virginia -- to increase its investment in bank premises.

- Approved, February 10, 2004 

Richmond

Orrstown Bank, Shippensburg, Pennsylvania -- to increase its investment in bank 

premises and to establish a branch at 1 Giant Lane, Carlisle.

- Approved, February 12, 2004 

Secretary

Banks, Nonmember, And Miscellaneous Institutions

Merrill Lynch Bank USA, Salt Lake City, Utah -- request for an exemption from section 

23A of the Federal Reserve Act.

- Granted, February 10, 2004 

Director, BS&R

Change In Bank Control

First National Agency Company of Deer River, Inc., Deer River, Minnesota -- change in 

bank control.

- Permitted, February 13, 2004 

Minneapolis

Fredonia Valley Bancorp, Inc., Fredonia, Kentucky -- change in bank control.

- Permitted, February 10, 2004 

St. Louis

Phenix-Girard Bancshares, Inc., Phenix City, Alabama -- change in bank control.

- Permitted, February 13, 2004 

Atlanta

(AC) = Addition or Correction Delegated - Page 3 of 5
H.2 Actions under delegated authority February 8, 2004 to February 14, 2004

Competitive Factors Reports

American Bank of Commerce, Wolfforth, Texas -- report on competitive factors of the 

proposed merger with Haxtun Community Bank, Haxtun, Colorado.

- Submitted, February 12, 2004 

Dallas

Center Bank, Los Angeles, California -- report on competitive factors of the proposed 

merger with Korea Exchange Bank, Chicago, Illinois.

- Submitted, February 12, 2004 

San Francisco

The City National Bank of Sulphur Springs, Sulphur Springs, Texas -- report on 

competitive factors of the proposed merger with Franklin National Bank, Mount Vernon.

- Submitted, February 12, 2004 

Dallas

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

purchase of certain assets and assumption of certain liabilities of the Clay Center branch 

of Bruning State Bank, Bruning.

- Submitted, February 13, 2004 

Kansas City

Community National Bank, Monett, Missouri -- report on competitive factors of the 

proposed purchase of assets and assumption of liabilities of the Aurora branch of 

Commerce Bank, N.A., Kansas City.

- Submitted, February 9, 2004 

St. Louis

Dalhart Federal Mutual Holding Company, Dalhart, Texas, and Dalhart Federal 

Corporation -- report on competitive factors of the proposed acquisition of Dalhart 

Federal Savings & Loan Association.

- Submitted, February 12, 2004 

Dallas

First Security Bank, Searcy, Arkansas -- report on competitive factors of the proposed 

merger with Springdale Trust Company, Springdale.

- Submitted, February 11, 2004 

St. Louis

(AC) = Addition or Correction Delegated - Page 4 of 5
H.2 Actions under delegated authority February 8, 2004 to February 14, 2004

Competitive Factors Reports

Northwest National Bank of Arlington, Arlington, Texas -- report on competitive factors 

of the proposed merger with New Northwest National Bank, Fort Worth.

- Submitted, February 13, 2004 

Dallas

Extensions Of Time

Farmers and Merchants Bank of Long Beach, Long Beach, California -- extension to 

April 30, 2005, to establish a branch at 7125 Yorktown Avenue, Huntington Beach.

- Granted, February 9, 2004 

San Francisco

Merchants & Manufacturers Bancorporation, Inc., Brookfield, Wisconsin -- extension to 

May 21, 2004, to acquire Random Lake Bancorp, Limited, Random Lake, and 

Wisconsin State Bank.

- Granted, February 11, 2004 

Chicago

Financial Holding Companies

Heartland Bancorp, Inc., Bloomington, Illinois -- election to become a financial holding 

company.

- Effective, February 9, 2004 

Chicago

Millennium Bankshares Corporation, Reston, Virginia -- election to become a financial 

holding company.

- Effective, February 10, 2004 

Richmond

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

Scotland plc; RBSG International Holdings Limited; National Westminster Bank plc, 

London, England; and Citizens Financial Group, Inc., Providence, Rhode Island -- 

elections to become financial holding companies.

- Effective, February 9, 2004 

Director, BS&R

(AC) = Addition or Correction Delegated - Page 5 of 5
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, February 14, 2004

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, February 14, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

FBSEA Corp Banca Chile, Santiago, Chile to establish a federal branch 

in New York, NY.

Newspaper – N/Avail

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

Type Application

Ending date of

comment period

3(a)3 & 3(a)5 JP Morgan Chase & Co, requests prior approval of the Board of 

Governors of the Federal Reserve(the "Board") to acquire and 

merge Bank One Corporation, Chicago, Illinois, with and into 

JPMC pursuant Sections 3(a)(3) and 3(a)(5)of the Bank Holding 

Company Act of 1956, as amended (the "BHC Act"), and 

Sections 225.11(c) and 225.11(e)of the Board's Regulation Y. 

In addition, application by Bank One, for prior approval of the 

Board, pursuant Section 3(a)(3) of the BHC Act, to acquire up to 

19.9 percent of the voting shares of JPMC.

Newspaper – 03/12/2004

Fed Reg – 03/15/2004

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

Investment JP Morgan Chase & Co, New York, NY submits prior notice of 

its intention to make an overseas investment, through its indirect 

wholly-owned Edge subsidiary JP Morgan International Finance 

Ltd.
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, February 14, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, February 14, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

*Branch The Genoa Banking Company, Genoa, Ohio, to establish a 

branch at 9920 Old US 20, Rossford, Ohio.

Newspaper - 02/14/2004

*Branch Sky Bank, Salineville, Ohio, to establish branch facilities at 406 

Granville Street, Gahanna, Ohio and 650 Smithfield Street, 

Pittsburgh, Pennsylvania.

Newspaper - 02/18/2004

*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

*4(c)(8) Application by First Commonwealth Financial Corporation, 

Indiana, Pennsylvania, to acquire GA Financial, Inc., Pittsburgh, 

Pennsylvania.

Newspaper - N/Avail 

Fed Reg - 03/08/2004

*Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for 2nd Quarter of 2004

Institution Location

Buckeye Community Bank 105 Sheffield Center

Lorain, Ohio 44055

Settlers Bank 115 Third Street

Marietta, Ohio 45750

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances.
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, February 14, 2004

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

3(a)(5) American Community Bancshares, Inc., Charlotte, North 

Carolina, to acquire 100% of the voting shares of FNB 

Bancshares, Inc., Gaffney, South Carolina.*

Fed Reg – 03/18/2004 

Newspaper – 03/01/2004

*Subject to the provisions of the Community Reinvestment Act.

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

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, February 14, 2004

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 11882 E. Colonial Drive, Orlando, Florida.*

Newspaper – 02/16/2004

Branch SunTrust Bank, Atlanta, Georgia, to establish a branch located at 

1250 U Street, N.W., Washington, D.C., to be known as the 13th

& U Street Office.*

Newspaper – 02/15/2004

*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) CBB Bancorp, Cartersville, Georgia, to become a bank holding 

company by acquiring 100 percent of the outstanding shares of 

Century Bank of Bartow County, Cartersville, Georgia.*

Newspaper – 03/08/2004

Fed Reg – 03/12/2004

3(a)(5) The Colonial BancGroup, Inc., Montgomery, Alabama, to merge 

with P.C.B. Bancorp, Inc., Clearwater, Florida, and thereby 

acquire Premier Community Bank of Southwest Florida, Fort 

Myers, Florida; Premier Community Bank of South Florida, Fort 

Lauderdale, Florida; Premier Community Bank, Venice, Florida; 

and Premier Community Bank of Florida, Largo, Florida.*

Newspaper – N/Avail 

Fed Reg – 03/12/2004

3(a)(1) Gulf Atlantic Financial Group, Inc., Tallahassee, Florida, to 

become a bank holding company by acquiring 100 percent of the 

outstanding shares of First National Bank, Tarpon Springs, 

Florida.*

Newspaper – N/Avail 

Fed Reg – 03/15/2004

3(a)(1) Privee Financial, Inc., Miami, Florida, to become a bank holding 

company by acquiring 100 percent of the outstanding shares of 

Hemisphere National Bank, Miami, Florida.*

Newspaper – N/Avail 

Fed Reg – 03/15/2004

3(a)(1) Privee LLC, Miami, Florida, to become a bank holding company

by acquiring 100 percent of the outstanding shares of 

Hemisphere National Bank, Miami, Florida.*

Newspaper – N/Avail 

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

Type Application

Ending date of

comment period

3(a)(1) Remo DuQuoin LLC, Miami, Florida, to become a bank holding 

company by acquiring 100 percent of the outstanding shares of 

Hemisphere National Bank, Miami, Florida.*

Newspaper – N/Avail 

Fed Reg – N/Avail

CIC Southern National Corporation, Andalusia, Alabama, after-thefact change in control notice by Catherine Dixon Roland, to 

retain 13.6 percent of the outstanding shares of Southern 

National Corporation, and its subsidiary, Covington County 

Bank, both of Andalusia, Alabama.

Newspaper – N/Avail 

Fed Reg – N/Avail

3(a)(1) New Horizons Bancshares, Inc., East Ellijay, Georgia, to 

become a bank holding company by acquiring New Horizons 

Bank, East Ellijay, Georgia (in organization).*

Newspaper – N/Avail 

Fed Reg – 03/08/2004

*Subject to 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) Firstrust Corporation, New Orleans, Louisiana, after-the-fact 

notice to acquire FBT Advisors, Inc., New Orleans, Louisiana, 

and thereby engage in financial and investment advisory 

activities.

Fed Reg – N/Avail

4(c)(8) Firstrust Corporation, New Orleans, Louisiana, after-the-fact 

notice to acquire FBT Investments, Inc., New Orleans, 

Louisiana, and thereby engage in agency transactional services 

for customer investments.

Fed Reg – N/Avail

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

Type Application

Membership Trustmark National Bank, Jackson, Mississippi, to become a 

member of the Federal Reserve System, upon its conversion 

from a national bank to a state-chartered bank. The name will 

be Trustmark Bank.
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

14931 First Western Bank

5854 South Flamingo Road

Cooper City, Florida 33330

(954) 434-7600

10/06/2003 02/08/2004 S X

567231 Bank of Alabama

2340 Woodcrest Place

Birmingham, Alabama 35209

(205) 870-1939

10/20/2003 02/09/2004 S 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, February 14, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Bank Iowa, Altoona, Iowa, to establish a branch facility to be 

located at 13375 University Avenue, #200, Clive, Iowa.*

Newspaper – 02/13/2004

Branch Harris Trust and Savings Bank, Chicago,Illinois, to establish a 

branch facility to be located at 1300 South Wabash Street, 

Chicago, Illinois.*

Newspaper – 02/04/2004

* 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 John R. Barlow, Mound, Minnesota and Cinda Mae 

Classon, Dows, Iowa, to retain 26.16 percent of the voting 

shares of Barlow Banking Corporation, Iowa Falls, Iowa, and 

thereby indirectly acquire Iowa Falls State Bank, Iowa Falls, 

Iowa.

Fed Reg – N/Avail

Newspaper – N/Avail

3(a)(3) Capitol Bancorp, Ltd., Lansing, Michigan, to acquire 100 

percent of the voting shares of First Carolina State Bank, Rocky 

Mount, North Carolina.*

Fed Reg – 02/02/2004

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

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

Type Application

4(c)(8) First Citizens Financial Corp., Mason City, Iowa, proposes to 

engage denovo in extending credit and servicing loans.

4(c)(8) Village Investment Company, Libertyville, Iowa, proposes to 

engage denovo in extending credit and servicing loans.

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

41245 Farmers & Merchants Bank

303 Spring Street

P.O. Box 499

Orfordville, Wisconsin 53576

(608) 879-2911

09/08/2003 02/09/2004 S X

409649 Union State Bank

400 Main Street

Rockwell City, Iowa 50579

(712) 297-7556

10/07/2003 02/13/2004 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, February 14, 2004

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 Bancorp IV, Inc., Stilwell, Kansas, to become a bank holding 

company by acquiring 100 percent of Bank of Montgomery 

County, Wellsville, Missouri.*

Newspaper – 03/18/2004

Fed Reg – N/Avail

3A3 Bank of the Ozarks, Inc., Little Rock, Arkansas, to acquire 100 

percent of Sun Bank, Sunray, Texas.*

Newspaper – 03/16/2004

Fed Reg – N/Avail

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

become a bank holding company by acquiring 100 percent of 

Patriot Bank, Millington, Tennessee.*

Newspaper – 03/11/2004

Fed Reg – 03/15/2004

3A3 Security Bancorp of Tennessee, Inc., Halls, Tennessee, to 

acquire 44.93 percent of Patriot of Tennessee Corporation, 

Millington, Tennessee, and thereby indirectly acquire Patriot 

Bank, Millington, Tennessee.*

Newspaper – 03/12/2004

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

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, February 14, 2004

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

3(a)(1) Pinehurst Bancorp, Inc., St. Paul, Minnesota, to become a bank 

holding company by acquiring 100% of Pinehurst Bank, St. 

Paul, Minnesota, a de novo bank.*

Fed Reg – 03/03/2004

Newspaper – 02/28/2004

3(a)(3) Forstrom Bancorporation, Inc., Clara City, Minnesota, proposes 

to acquire 100% of the voting shares of First State Agency of 

Lake Lillian, Inc., Lake Lillian, Minnesota, and thereby 

indirectly acquire First State Bank, Lake Lillian, Lake Lillian, 

Minnesota.*

Fed Reg – 03/08/2004

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

None

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

Type Application

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

retroactive approval to engage in the activities of extending 

credit and servicing loans.
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

382050 Central Savings Bank, Sault Ste 

Marie, MI

07/14/2003 02/11/2004 S X

Section VI – CRA examinations scheduled for 2nd Quarter of April 1, 2004 - June 30, 2004

Institution Location

First Commercial Bank Bloomington, Minnesota

Western Security Bank Billings, Montana

Ravalli County Bank Hamilton, Montana

Glacier Bank Kalispell, Montana

First Security Bank of Malta Malta, Montana

First Western Bank & Trust Minot, North Dakota

Dacotah Bank Aberdeen, South Dakota

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances. Examinations may have to be rescheduled during the calendar quarter in which they are designated 

to begin. If an institution’s examination is rescheduled for a date later than the end of the date range reflected in a 

published schedule, the institution’s name will be republished in an appropriate later listing. Any comments 

received, as a result of either the first publication or subsequent publications will be considered during the 

examination. Written comments regarding the CRA performance of these institutions should be directed to Mr. 

Jim Colwell at the Federal Reserve Bank of Minneapolis, Supervision, Regulation and Credit Division. P. O. Box 

291, Minneapolis, Minnesota 55480-0291.
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, February 14, 2004

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 Notification by Robert D. Hanhardt, LaCrosse, Kansas, as 

trustee of the Hanhardt Family Trust, to acquire control of NSB 

Bancshares, Inc., parent of Nekoma State Bank, both in 

LaCrosse, Kansas. 

Newspaper - N/Avail 

Fed Reg - 02/04/2004

CIC Notification by Robert J. Barmann, Jr. Maryville, Missouri; 

James L. Baber, Weston, Missouri; and Robert M. McGinness, 

Platte City, Missouri, to acquire control of Wells Bancshares, 

parent of Wells Bank of Platte City, both in Platte City, 

Missouri.

Newspaper – N/Avail 

Fed Reg - 03/08/2004

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

3(a)(1)Riegle Peoples State Bancshares, Inc., Tulsa, Oklahoma, to become a 

bank holding company through the reorganization of 100 

percent of the voting shares of Peoples State Bank, Tulsa, 

Oklahoma.
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

83450 Centennial Bank of the West

4650 Royal Vista Circle

Fort Collins, Colorado 80528-9370

11/03/2003 02/09/2004 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, February 14, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch TexasBank, Fort Worth, TX, to establish a branch at610 W. 

Randol Mill Road, Arlington, TX 76011* (previously reported 

the week ending February 7, 2004)

Newspaper – 02/29/2004

18C TexasBank, Fort Worth, TX, to acquire Northwest National 

Bank of Arlington, Arlington, TX* (previously reported the 

week ending February 7, 2004)

Newspaper – 02/29/2004

Branch Tradition Bank, Houston, TX, to establish two branches at2117 

Fry Road, Katy, TX 77449 and 701 Pin Oak, Katy, TX 77494*

(previously reported the week ending February 7, 2004)

Newspaper – 03/04/2004

18C Tradition Bank, Houston, TX, to acquireKaty Bank, N.A., Katy, 

TX* (previously reported the week ending February 7, 2004)

Newspaper – 03/04/2004

Branch PlainsCapital Bank, Lubbock, TX, to establish a branch at 70 

N.E. Loop 410, San Antonio, TX*

Newspaper – 02/20/2004

* 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) Tradition Bancshares, Inc., Houston, TX, to acquire Katy Bank, 

N.A., Katy, TX* (previously reported the week ending February 

7, 2004)

Fed Reg – 03/05/2004

Newspaper – 03/04/2004

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Second Quarter of 2004

Institution Location

First Bank 

239659

300 E 3rd Street

Burkburnett, Texas 76354

Security Bank

645465

901 Main Street

Ralls, Texas 79357

Wellington State Bank

371362

1000 8th Street

Wellington, Texas 79095

Independent Bank of Texas

3129902

4300 N Beltline Road

Irving, Texas 75038

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances.
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, February 14, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18C Branch Hanmi Bank, Los Angeles, California, to merge with Pacific 

Union Bank, Los Angeles, California, and thereby acquire 12 

branch offices of Pacific Union Bank, all located in California .*

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

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 2nd Quarter of 2004

Institution Location

Barnes Banking Company Kaysville, Utah

Community Bank of Nevada Las Vegas, Nevada

Community First Bank Prineville , Oregon

North Valley Bank Redding, California

Pacific Liberty Bank Huntington Beach, California

United Security Bank Fresno, California

Westamerica Bank San Rafael, California

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances.