Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 24

Week Ending June 14, 2003

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions June 8, 2003 to June 14, 2003

Testimony And Statements

Natural Gas Supply and Demand -- statement by Chairman Greenspan before the House 

Committee on Energy and Commerce.

- Published, June 10, 2003 

Regulations And Policies

Regulatory Review -- request for comment on interagency review of regulations to reduce 

regulatory burden on depository institutions.

- Announced, June 3, 2003 (AC)

Enforcement

The Marathon Bank, Winchester, Virginia -- written agreement with the Federal Reserve 

Bank of Richmond and issuance of a cease and desist order against Lori H. Staples, a 

former vice president and institution-affiliated party of The Marathon Bank.

- Announced, June 13, 2003 

(AC) = Addition or Correction Board - Page 1 of 1
June 8, 2003 to June 14, 2003

BS&R

C&CA

FOMC

RBOPS

IF

OSDM

Banking Supervision and Regulation

Consumer and Community Affairs

Federal Open Market Committee

Reserve Bank Operations and Payment Systems

International Finance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

Adams Bank & Trust, Ogallala, Nebraska -- to establish a branch at 265 Cheyenne 

Mountain Boulevard East, Colorado Springs, Colorado.

- Approved, June 13, 2003 

Kansas City

AmSouth Bank, Birmingham, Alabama -- to establish a branch at 2355 South Ferdon 

Boulevard, Crestview, Florida.

- Approved, June 12, 2003 

Atlanta

Colonial Bank, Montgomery, Alabama -- to establish a branch at 856 3rd Avenue South, 

Naples, Florida.

- Approved, June 11, 2003 

Atlanta

Solano Bank, Vacaville, California -- to establish a branch at 1411 Oliver Road, Fairfield.

- Approved, June 12, 2003 

San Francisco

SouthTrust Bank, Birmingham, Alabama -- to establish branches at 1470 West Grand 

Parkway South, Katy, Texas, and 13703 I-10 West, San Antonio.

- Approved, June 12, 2003 

Atlanta

SunTrust Bank, Atlanta, Georgia -- to establish branches at 1610 East Joppa Road, 

Baltimore, Maryland, and at the intersection of Park and Stockton Streets, Jacksonville, 

Florida.

- Approved, June 9, 2003 

Secretary

WestStar Bank, Vail, Colorado -- to establish a branch at 4600 South Ulster Street, 

Denver.

- Approved, June 11, 2003 

Kansas City

(AC) = Addition or Correction Delegated - Page 1 of 6
H.2 Actions under delegated authority June 8, 2003 to June 14, 2003

Bank Holding Companies

Bank Vest, Inc., Denver, Colorado -- to become a bank holding company through the 

acquisition of an interest in BW Holdings, Inc., Castle Rock, and BankWest.

- Withdrawn, June 10, 2003 

Kansas City

CalWest Bancorp, Inc., Rancho Santa Margarita, California -- to become a bank holding 

company through the acquisition of South County Bank, N.A.

- Approved, June 13, 2003 

San Francisco

Centra Ventures, Inc., St. Cloud, Minnesota -- to acquire Falcon National Bank, Foley.

- Approved, June 13, 2003 

Minneapolis

Central Georgia Banking Company, Cochran, Georgia -- to become a bank holding 

company through the acquisition of State Bank of Cochran.

- Approved, June 13, 2003 

Atlanta

Danran Holdings Ltd., Tel Aviv, Israel; Shamdar Holdings Ltd., Elran (D.D.) Investments 

Ltd., and Elran (D.D.) Holdings Ltd. -- to become bank holding companies through the 

acquisition of control of Signature Bank, New York, New York, and to engage in certain 

nonbanking activities.

- Approved, June 13, 2003 

New York

Denison Bancshares, Inc. of Holton, Holton, Kansas -- to acquire Countryside Bank, 

Meriden.

- Approved, June 9, 2003 

Kansas City

Equity Bancshares, Inc., Wichita, Kansas -- to become a bank holding company through 

the acquisition of National Bank of Andover, Andover.

- Approved, June 11, 2003 

Kansas City

(AC) = Addition or Correction Delegated - Page 2 of 6
H.2 Actions under delegated authority June 8, 2003 to June 14, 2003

Bank Holding Companies

First Crockett Bancshares, Inc., Crockett, Texas, and Crockett Delaware Bancshares, 

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

of First National Bank of Crockett.

- Approved, June 11, 2003 

Dallas

First National Monahans Bancshares, Inc., Monahans, Texas -- to merge with First 

Haskell Bancorp, Inc., Lubbock, and First National Bank.

- Withdrawn, June 9, 2003 

Dallas

Guaranty Federal Bancshares, Inc., Springfield, Missouri -- to become a bank holding 

company through the conversion of its subsidiary, Guaranty Federal Savings Bank, to a 

state-chartered bank, to be known as Guaranty Bank.

- Approved, June 11, 2003 

St. Louis

Heartland Financial USA, Inc., Dubuque, Iowa -- to engage in financial advisory services 

and leasing activities through its subsidiary, HTLF Capital Corp.

- Approved, June 11, 2003 

Chicago

Inwood Bancshares, Inc., Dallas, Texas -- to engage de novo in financial and investment 

advisory activities through Inwood Asset Management, Inc.

- Approved, June 13, 2003 

Dallas

M&T Bank Corporation, Buffalo, New York -- to acquire M&T Trust Company of 

Delaware, Millsboro, Delaware, a de novo trust company, and thereby provide trust 

company services.

- Approved, June 9, 2003 

Secretary

(AC) = Addition or Correction Delegated - Page 3 of 6
H.2 Actions under delegated authority June 8, 2003 to June 14, 2003

Bank Holding Companies

Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft, Munich, Germany -- 

request for a temporary exemption under the Bank Holding Company Act to retain an 

interest in Commerzbank Capital Markets Corporation, New York, New York.

- Granted, June 9, 2003 

General Counsel

Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft, Munich, Germany -- to 

retain shares of Commerzbank AG and Pacific Union Bank, Los Angeles, California.

- Approved, June 9, 2003 

New York

NHB Financial, Inc., Newell, West Virginia -- to acquire Northern Hancock Bank and 

Trust.

- Withdrawn, June 11, 2003 

Cleveland

Spector Properties, Inc., Chicago, Illinois -- relief from a commitment.

- Granted, June 12, 2003 

Chicago

Tidelands Bancshares, Inc., Mount Pleasant, South Carolina -- to become a bank holding 

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

- Approved, June 11, 2003 

Richmond

Banks, State Member

Chesapeake Bank, Kilmarnock, Virginia -- transfer agent registration.

- Withdrawn, June 10, 2003 

Director, BS&R

Competitive Factors Reports

FirstBank Northwest, Lewiston, Idaho -- report on competitive factors of the proposed 

merger with Pioneer Bank, A Federal Savings Bank, Baker City, Oregon.

- Submitted, June 12, 2003 

San Francisco

(AC) = Addition or Correction Delegated - Page 4 of 6
H.2 Actions under delegated authority June 8, 2003 to June 14, 2003

Competitive Factors Reports

Homeland Bancshares, Inc., Columbia, Louisiana -- report on competitive factors of the 

proposed acquisition of Homeland Federal Savings Bank.

- Submitted, June 11, 2003 

Dallas

Pacific Western National Bank, Santa Monica, California -- report on competitive factors 

of the proposed merger with Verdugo Banking Company, Glendale.

- Submitted, June 9, 2003 

San Francisco

United Commercial Bank, San Francisco, California -- report on competitive factors of 

the proposed merger with First Continental Bank, Rosemead.

- Submitted, June 13, 2003 

San Francisco

Extensions Of Time

A.N.B. Holding Company, Ltd., Terrell, Texas -- extension to September 13, 2003, to 

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

Corporation and American National Bank.

- Granted, June 11, 2003 

Dallas

Legacy Bank of Texas, Plano, Texas -- extension to June 6, 2004, to establish a branch 

at Josey Lane and Hebron Parkway, Carrollton.

- Granted, June 11, 2003 

Dallas

Financial Holding Companies

Home Bancshares, Inc., Conway, Arkansas -- election to become a financial holding 

company.

- Effective, June 12, 2003 

St. Louis

(AC) = Addition or Correction Delegated - Page 5 of 6
H.2 Actions under delegated authority June 8, 2003 to June 14, 2003

Financial Holding Companies

TCBancorp, Inc., North Little Rock, Arkansas -- election to become a financial holding 

company.

- Effective, June 12, 2003 

St. Louis

International Operations

Franklin Resources, Inc., San Mateo, California -- to invest in Franklin Templeton 

Fiduciary Bank & Trust Company, Ltd., Nassau, Bahamas, a de novo foreign bank.

- Approved, June 13, 2003 

Director, BS&R

(AC) = Addition or Correction Delegated - Page 6 of 6
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, June 14, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, June 14, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, June 14, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, June 14, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

Investment Prior notice by Key Equipment Finance International, Inc., 

Superior, Colorado (an indirect subsidiary of KeyBank, N.A. 

and KeyCorp, Inc., a financial holding company, both located in 

Cleveland, Ohio) of its intent to invest up to $1,500,000 in its 

wholly-owned subsidiary, Key Equipment Finance Finland Oy, 

Helsinki, Finland, pursuant to section 211.91(f) of Regulation K
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

Federal bank regula tors 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

783910 North Valley Bank

2775 Maysville Pike

Zanesville, Ohio 43701

03/31/2003 06/12/2003 O X

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, June 14, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) Gateway Bank & Trust Company, Elizabeth City, North 

Carolina, to acquire certain assets and assume the deposit 

liabilities of the Elizabeth City, North Carolina, branch office of 

National Bank of Commerce, Memphis, Tennessee, d.b.a. 

Central Carolina Bank.*

Newspaper – 07/10/2003

*Subject to the provisions of the Community Reinvestment Act.

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

Type Application

Ending date of

comment period

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

3(a)(1) Frederick County Bancorp, Inc., Frederick, Maryland, to 

become a bank holding company through the acquisition of 

100% of the voting shares of Frederick County Bank, Frederick, 

Maryland.
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, June 14, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

located at the northeast corner of the intersection of 7th Street 

and Union Hills Drive, Phoenix, Arizona, to be known as the 

Phoenix-Union Branch.*

Newspaper-06/19/2003

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

located at the intersection of East Skyline Drive and North 

Campbell Avenue, Tucson, Arizona, to be known as the TucsonSkyline Branch.*

Newspaper-06/19/2003

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

located at 2925 S. Loop 256, Palestine, Texas.*

Newspaper-06/19/2003

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

located at the intersection of Deerfoot Parkway and Old 

Springville Road, Trussville, Alabama.*

Newspaper-06/19/2003

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

located at 105 Cobblestone Village Drive, St. Augustine, 

Florida, to be known as the Cobblestone Village Branch.*

Newspaper-06/20/2003

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

5801 W. Hillsborough Boulevard, to be known as the Parkland 

Office.*

Newspaper-06/18/2003

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

1022 W. Main Street, Charlottesville, Virginia, to be known as 

the University Corner Office.*

Newspaper-06/18/2003

Branch Palm Beach County Bank, Boynton Beach, Florida, to establish 

a branch located at 2390 North Federal Highway, Boca Raton, 

Florida.*

Newspaper-06/21/2003

Branch First Community Bank of Central Alabama, Wetumpka, 

Alabama, to establish a branch located at 1875 Kowaliga Road, 

Eclectic, Alabama.*

Newspaper-06/20/2003

*Subject to provisions of the Community Reinvestment Act
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(1) Alapaha Holding Company, Alapaha, Georgia, to become a 

bank holding company by acquiring 100 percent of the 

outstanding shares of Bank of Alapaha, Alapaha, Georgia.*

Newspaper-N/Avail 

Fed Reg-07/10/2003

3(a)(1) Community Banks of Georgia, Inc., Jasper, Georgia, to become 

a bank holding company by acquiring 100 percent of the 

outstanding shares of Community Bank of Pickens County, 

Jasper, Georgia.*

Newspaper-N/Avail 

Fed Reg-07/10/2003

*Subject to provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

COM Coast Financial Holdings, Inc., Bradenton, Florida, commitment 

waiver request.

COM Nexity Financial Corporation, Birmingham, Alabama, 

commitment waiver request.
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, June 14, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(3) Blackhawk Bancorp, Inc., Beloit, Wisconsin, to acquire 100 

percent of the voting shares of DunC Corp., Rockford, Illinois, 

and thereby indirectly acquire First Bank, BC, Capron, Illinois.*

Fed Reg – 06/20/2003

Newspaper – 06/20/2003

3(a)(1) Community State Bank Employee Stock Ownership Plan & 

Trust, Union Grove, Wisconsin, to become a bank holding 

company through the retention of at least 29.59 percent of the 

voting shares of Union Bancorporation, Inc., Union Grove, 

Wisconsin, and thereby indirectly acquire Community State 

Bank, Union Grove, Wisconsin.*

Fed Reg – N/Avail

Newspaper – N/Avail

CIC Notice by John J. Reilly, Glencoe, Illinois, to purchase 169,642 

shares or 23.56 percent voting control of Hawthorn Corporation, 

Mundelein, Illinois, and thereby indirectly acquire Hawthorn 

Bank, Mundelein, Illinois.

Fed Reg – 06/05/2003 

Newspaper – N/Avail

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

holding company through the acquisition of 100 percent of the 

voting shares of State Bank of Aviston, Aviston, Illinois, and to 

retain control of KFS Bank, F.S.B., Kankakee, Illinois, and 

thereby operate a savings association; to engage in real estate 

appraisal services through KFS Service Corp., Kankakee, 

Illinois, a wholly-owned subsidiary of KFS Bank, F.S.B., 

Kankakee, Illinois; and to engage in securites brokerage 

activities through KFS Insurance Agency, Inc., Kankakee, 

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

Kankakee, Illinois, which is a wholly-owned subsidiary of KFS 

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

Fed Reg – 07/12/2003 

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

Type Application

Ending date of

comment period

CIC Notice by Tim Lapke of Logan, Iowa; John Lapke of Logan, 

Iowa; and Chris Hartwig of Missouri Valley, Iowa, to gain 

control of Logan Bancorporation, Inc., Logan, Iowa, through the 

acquistion of stock coupled with the redemption of holding 

company stock; and thereby indirectly acquiring control of First 

National Bank of Logan, Logan, Iowa.

Fed Reg – 06/12/2003

Newspaper – N/Avail1

CIC Notice by Boulevard Financial, LP (proposed family limited 

partnership), to gain control of more than 25 percent of the 

outstanding shares of TNB Bancorp, Inc., Tuscola, Illinois, and 

thereby indirectly acquire Tuscola National Bank, Tuscola, 

Illinois.

Fed Reg – N/Avail

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

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

60545 Home Trust & Savings Bank

628 Main Street

Osage, Iowa 50461

(641) 732-3763

01/07/2003 06/10/2003 S X

74140 Isabella Bank & Trust

200 E. Broadway

Mt. Pleasant, Michigan 48858

(989) 772-9471

02/03/2003 06/13/2003 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, June 14, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, June 14, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Northwestern Bank, Chippewa Falls, Wisconsin to establish a 

branch facility to be located at 2901 Mall Drive, Eau Claire, 

Wisconsin.*

Newspaper - 06/30/2003

Branch First Interstate Bank, Billings, Montana to establish a branch 

facility to be located at 202 West Main, Bozeman, Montana.*

Newspaper - 06/11/2003

*Subject to the provisions of the Community Reinvestment Act.

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

Type Application

Ending date of

comment period

3(a)(1) First Advantage Bancshares, Coon Rapids, Minnesota, to 

become a bank holding company by acquiring 100 percent of 

First Advantage Bank, Coon Rapids, Minnesota, a de novo 

bank.*

Fed Reg – 07/15/2003

Newspaper – N/Avail

3(a)(3) Marquette Financial Companies, Minneapolis, Minnesota 

proposes to acquire 100% of the voting shares of Valley 

Bancorp, Inc., Phoenix, Arizona, and thereby indirectly acquire 

Valley Bank of Arizona, Phoenix, Arizona.*

Fed Reg – 07/10/2003

Newspaper – N/Avail

CIC Retroactive Change in control notice by the Harris Family Trust, 

Jay S. Harris, James K. Harris and Julie K. Taylor, as trustees, to 

retain control of Yellowstone Holding Company, Columbus, 

Montana, and thereby indirectly retain control of Yellowstone 

Bank, Laurel, Montana.

Fed Reg – 07/07/2003

Newspaper – N/Avail

CIC Change in control notice by Heidi Re Gesell, St. Paul, 

Minnesota, and Andrew John Gesell, Woodbury, Minnesota to 

gain control of Cherokee Bancshares, Inc., St. Paul, Minnesota, 

and thereby indirectly gain control of Cherokee State Bank of St. 

Paul, Minnesota.

Fed Reg – 06/27/2003

Newspaper – 07/03/2003
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

CIC Voting Trust Agreement, Apple Valley, Minnesota, and its 

trustee John Finch Woodhead, Minneapolis, Minnesota, to gain 

control of Financial Services of St. Croix Falls, Inc., St. Croix 

Falls, Wisconsin, and thereby indirectly gain control of Eagle 

Valley Bank, National Association, St. Croix Falls, Wisconsin.

Fed Reg – 06/24/2003

Newspaper – 06/26/2003

*Subject to the provisions of the Community Reinvestment Act.

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Franklin Bancorp, Inc., St. Paul, Minnesota, proposes to 

purchase participations in loans originated by its subsidiary 

banks.

Fed Reg – 07/02/2003

4(c)(8) HMC Holding Company, Sioux Falls, South Dakota, proposes to 

retain two loans entered in its books.

Fed Reg – 07/03/2003

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

Type Application

MIRA Centra Ventures, Inc., St. Cloud, Minnesota, for Gerald J. 

Bauerly to form a director interlock with Bremer Bank, National 

Association, St. Cloud, Minnesota.

Member First National Bank of Baldwin, Baldwin, Wisconsin, to be 

known as The First Bank of Baldwin, Baldwin, Wisconsin to 

convert to a state charter and become a member of the Federal 

Reserve System.
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, June 14, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(1) AllNations Bancorporation, Inc., Shawnee, Oklahoma, to 

become a bank holding company through the acquisition of 100 

percent of the voting shares of The First National Bank of 

Calumet, Calumet, Oklahoma.

Newspaper - 07/11/2003

Fed Reg - 07/08/2003

CIC Notice by Patricia Jean Verzani, Helena, Montana, to acquire 

control of First State Bancorp, Inc., Randolph, Nebraska, parent 

of First State Bank, Randolph, Nebraska.

Newspaper - N/Avail 

Fed Reg - 07/07/2003

CIC Notice by Stanley Alan Judd, Faibury, Nebraska, to acquire 

control of Washington 1st Banco, Inc., Washington, Kansas, 

parent of First National Bank, Washington, Kansas.

Newspaper - 06/12/2003

Fed Reg - 06/30/2003

CIC Notice by the 2003 Voting Trust Agreement and its trustees: 

Forest Levan Kelly, Oliver Tracy Kelly and Albert Charles 

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

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

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

parent of SpiritBank, Tulsa, Oklahoma.

Newspaper - N/Avail 

Fed Reg - 06/23/2003

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

Member The First National Bank of Flagler, Flagler, Colorado, to 

become a member of the Federal Reserve System upon its 

conversion from a national bank to a state chartered bank.

Premises The Bank of Commerce, Wetumka, Oklahoma, to increase its 

investment in bank premises in the amount of $1,974,000.

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 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, June 14, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(1) The Ginger Murchison Foundation, Athens, TX, to acquire The 

First National Bank of Athens, Athens, TX* (Previously 

reported the week ending June 7, 2003)

Fed Reg – 07/08/2003

Newspaper – 07/07/2003

CIC James F. Justiss, III, Jena, LA, only notificant, to acquire an 

interest in JBI Financial Corporation, Jena, LA 

Fed Reg – 07/02/2003

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, June 14, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Solano Bank, Vacaville, California, to establish a branch office 

at 1411 Oliver Road, Fairfield, California.*

Newspaper – 06/02/2003

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(3) 1) Eggemeyer Advisory Corp., WJR Corp., Castle Creek Capital 

LLC, Castle Creek Capital Partners Fund I, L.P., Castle Creek 

Capital Partners Fund IIa, L.P., and Castle Creek Capital 

Partners Fund IIb, all of Rancho Santa Fe, California, on an 

aggregate basis, directly and indirectly, to acquire up to 35 

percent of State National Bancshares, Inc., Lubbock, Texas, 

State National Bancshares of Delaware, Inc., Dover, Delaware, 

Independent Bankshares, Inc., Lubbock, Texas, Independent 

Financial Corporation, Dover, Delaware, and State National 

Bank, Lubbock, Texas; and 2) State National Bancshares, Inc., 

Lubbock, Texas, to acquire 100 percent of ANB Financial 

Corporation, Arlington, Texas, and indirectly acquire ANB 

Delaware Financial Corporation, Dover, Delaware, and 

Arlington National Bank, Arlington, Texas.*

Newspaper – 07/09/2003

Fed Reg – 07/08/2003

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

3(a)(5)(C) MNB Holdings Corporation, San Francisco, California, to 

become a bank holding company by acquiring 100 percent of 

Mission National Bank, San Francisco, California.

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