Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 25 

Week Ending June 23, 2001 

Board of Governors of the Federal Reserve System, Washington, DC 20551 
H.2 Board Actions June 17, 2001 to June 23, 2001 

Testimony And Statements 

Condition of the U.S. banking system -- statement by Chairman Greenspan before the 

Senate Committee on Banking, Housing, and Urban Affairs. 

- Published, June 20, 2001 

Forms 

Forms -- extension with revision of the Condition Reports for Foreign Subsidiaries of 

U.S. Banking Organizations (FR 2314 a/b/c), Consolidated Report of Condition and 

Income for Edge and Agreement Corporations (FR 2886b), and discontinuance of the 

Annual Survey of Eligible Bankers Acceptances (FR 2006). 

- Approved, June 21, 2001 

Regulations And Policies 

Regulation W (Transactions between Banks and their Affiliates) -- amendment to the 

request for comment on the proposed new Regulation W, issued on May 2, 2001, to 

seek comment on an additional exemption from the requirements of section 23A of the 

Federal Reserve Act [Docket No. R-1103]. 

- Approved, June 19, 2001 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority June 17, 2001 to June 23, 2001 

BS&R 

C&CA 

FOMC 

Banking Supervision and Regulatio 

Consumer and Community Affai 

Federal Open Market Committ 

RBOPS 

IF 

OSDM 

Reserve Bank Operations and Payment

International Fiance

Office of Staff Director for Managemen

Bank Branches, Domestic 

Kansas City 

Bank of Colorado, Fort Lupton, Colorado -- to establish a mobile branch of the branch 

at 1609 East Harmony Road, Fort Collins, to serve Larimer and Weld Counties. 

- Approved, June 22, 2001 

Dallas 

Falcon International Bank, Laredo, Texas -- to establish a branch at 19230 Oak 

Parkway, San Antonio. 

- Withdrawn, June 20, 2001 

Minneapolis 

Farmers State Bank, Victor, Montana -- to establish a branch at 716 South 1st Street, 

Hamilton. 

- Approved, June 22, 2001 

Bank Holding Companies 

Chicago 

Bancshares Holding Corp., Downers Grove, Illinois -- to become a bank holding 

company through the acquisition of The Bank of Commerce, and for Commerce 

Investments I, Oak Brook Terrace; Commerce Investments II; and Commerce 

Investments III to become bank holding companies through the acquisition of shares of 

Bancshares Holding Corp. 

- Withdrawn, June 22, 2001 

Secretary 

Citigroup Inc., New York, New York; Citigroup Holdings Company, Wilmington, 

Delaware; and Citicorp, New York -- commenter's request to extend the comment 

period in connection with the application to acquire shares of Grupo Financiero BanamexAccival, S.A. de C.V., Mexico City, Mexico, and thereby acquire all of its banking and 

nonbanking subsidiaries. 

- Denied, June 20, 2001 

(AC) = Addition or Correction Delegated - Page 1 of 6 
H.2 Actions under delegated authority June 17, 2001 to June 23, 2001 

Bank Holding Companies 

Richmond 

Crescent Financial Corporation, Cary, North Carolina -- to become a bank holding 

company through the acquisition of Crescent State Bank. 

- Approved, June 18, 2001 

Dallas 

First National Bank Group, Inc., Edinburg, Texas -- to acquire Alamo Corporation of 

Texas, Alamo, and Alamo Bank of Texas. 

- Approved, June 19, 2001 

Richmond 

Greer Bancshares Incorporated, Greer, South Carolina -- to become a bank holding 

company through the acquisition of Greer State Bank. 

- Approved, June 21, 2001 

Kansas City 

Guaranty Corporation, Denver, Colorado -- to acquire shares of AMG/Guaranty 

Corporation, Englewood, and thereby engage in trust activities. 

- Approved, June 18, 2001 

Chicago 

Marshall & Ilsley Corporation, Milwaukee, Wisconsin -- to acquire CyberBills, Inc., San 

Jose, California, a provider of online management consulting services, through Marshall & 

Ilsley's subsidiary, Metavante Corporation, Brown Deer, Wisconsin. 

- Approved, June 18, 2001 

Dallas 

Sterling Bancshares, Inc., Houston, Texas -- to acquire Lone Star Bancorporation, Inc., 

Houston; Lone Star Bancorp of Delaware, Inc., Wilmington, Delaware; and Lone Star 

Bank, Houston. 

- Approved, June 20, 2001 

St. Louis 

Timberland Bancshares, Inc., El Dorado, Arkansas -- to become a bank holding 

company through the acquisition of Timberland Bank. 

- Approved, June 20, 2001 

(AC) = Addition or Correction Delegated - Page 2 of 6 
H.2 Actions under delegated authority June 17, 2001 to June 23, 2001 

Bank Holding Companies 

Chicago 

WFC, Inc., Waukon, Iowa -- to engage in making and servicing loans. 

- Approved, June 18, 2001 

Banks, Nonmember, And Miscellaneous Institutions 

Dallas 

Bank of DeSoto N.A. Employee Stock Ownership Trust, DeSoto, Texas -- to acquire D 

Bancorp, Inc. and Bank of DeSoto, National Association. 

- Approved, June 20, 2001 

Banks, State Member 

Richmond 

Central Virginia Bank, Powhatan, Virginia -- to purchase certain assets and assume 

certain liabilities of the Richmond branch of Guaranty Bank, Charlottesville. 

- Approved, June 18, 2001 

Dallas 

Falcon International Bank, Laredo, Texas -- to purchase the assets and assume the 

liabilities of a branch of National Bank and Trust, La Grange. 

- Withdrawn, June 20, 2001 

Kansas City 

Gold Bank, Leawood, Kansas -- to merge with Provident Bank, F.S.B., St. Joseph, 

Missouri. 

- Approved, June 19, 2001 

Change In Bank Control 

Dallas 

Bosque Corporation, Meridian, Texas -- change in bank control. 

- Permitted, June 22, 2001 

(AC) = Addition or Correction Delegated - Page 3 of 6 
H.2 Actions under delegated authority June 17, 2001 to June 23, 2001 

Competitive Factors Reports 

Philadelphia 

American General Bank, FSB, Midvale, Utah -- report on competitive factors of the 

proposed merger with AIG Federal Savings Bank, Wilmington, Delaware. 

- Submitted, June 20, 2001 

Boston 

Danvers Savings Bank, Danvers, Massachusetts -- report on competitive factors of the 

proposed merger with Revere Federal Savings Bank, Revere. 

- Submitted, June 20, 2001 

Minneapolis 

Farmers State Bank, Victor, Montana -- report on competitive factors of the proposed 

merger with Hamilton Mortgage Corporation, Hamilton. 

- Submitted, June 21, 2001 

Dallas 

First National Bank of Huntsville, Huntsville, Texas -- report on competitive factors of the 

proposed merger with New Huntsville Bank, N.A. 

- Submitted, June 19, 2001 

Minneapolis 

Firstar Bank National Association, Cincinnati, Ohio -- report on competitive factors of 

the proposed merger with U.S. Bank National Association, Minneapolis, Minnesota; 

U.S. Bank National Association OR, Canby, Oregon; and U.S. Bank National 

Association MT, Billings, Montana. 

- Submitted, June 22, 2001 

Minneapolis 

Marquette Capital Bank, National Association, Wayzata, Minnesota -- report on 

competitive factors of the proposed merger with Meridian Capital Bank, National 

Association, Milwaukee, Wisconsin. 

- Submitted, June 18, 2001 

(AC) = Addition or Correction Delegated - Page 4 of 6 
H.2 Actions under delegated authority June 17, 2001 to June 23, 2001 

Competitive Factors Reports 

Minneapolis 

U.S. Bank National Association ND, Fargo, North Dakota -- report on competitive 

factors of the proposed merger with Firstar Bank U.S.A. National Association, 

Waukegan, Illinois. 

- Submitted, June 19, 2001 

Richmond 

Wachovia Bank, National Association, Winston-Salem, North Carolina -- report on 

competitive factors of the proposed merger with Republic Security Bank, West Palm 

Beach, Florida. 

- Submitted, June 22, 2001 

Extensions Of Time 

Chicago 

Amana Bancshares, Inc., Southfield, Michigan -- extension to September 22, 2001, to 

become a bank holding company through the acquisition of Amana Bank, a de novo 

bank, Dearborn. 

- Granted, June 21, 2001 

Kansas City 

Sylvan State Bank, Sylvan Grove, Kansas -- extension to September 30, 2001, to 

acquire Centerville State Bank, Centerville. 

- Granted, June 19, 2001 

Membership 

Atlanta 

Capital Bank, Montgomery, Alabama -- to become a member of the Federal Reserve 

System. 

- Approved, June 18, 2001 

Chicago 

Northview Bank & Trust, Northfield, Illinois -- to become a member of the Federal 

Reserve System. 

- Approved, June 20, 2001 

(AC) = Addition or Correction Delegated - Page 5 of 6 
H.2 Actions under delegated authority June 17, 2001 to June 23, 2001 

Membership 

Dallas 

Oglesby State Bank, Oglesby, Texas -- to become a member of the Federal Reserve 

System. 

- Approved, June 22, 2001 

(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 23, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, June 23, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Representative 

Office 

China Merchants Bank, Shenzhen, People’s Republic of China, 

to establish a representative office in New York, New York.* 

Newspaper – N/Avail 

Representative 

Office 

Banca Comerciala Romana S.A., Bucharest, Romania, to 

establish a representative office in New York, New York.* 

Newspaper – N/Avail 

* 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) Canadian Imperial Bank of Commerce, CIBC World Markets Newspaper – N/Avail 

Inc., both of Toronto, Canada, CIBC Delaware Holdings Inc., Fed Reg – N/Avail 

New York, New York, and Amicus Holdings Inc., Cicero, 

Illinois, to acquire 95% of the Series C Preferred Stock and up to 

51% of the total voting shares of Juniper Financial Corp., 

Wilmington, Delaware.* 

* 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 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, June 23, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, June 23, 2001 

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 

627023 The Savings Bank and Trust 04/09/2001 06/26/2001 S X 

Company 

Orrville, Ohio 44667 

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 23, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Centura Bank, Rocky Mount, North Carolina, to establish a 

branch at 1730 Dickerson Boulevard, Suite A, Monroe, North 

Carolina.* 

Branch The Bank of Romney, Romney, West Virginia, to establish 

a branch at 63 Winchester Street, Paw Paw, West Virginia.* 

Branch Farmers & Mechanics Bank, Frederick, Maryland, to 

establish a branch at 206 Ridgeville Boulevard, Mt. Airy, 

Maryland.* 

Branch Allfirst Bank, Baltimore, Maryland, to establish a branch at 

43911 Farmwell Hunt Plaza, Ashburn, Virginia.* 

18(c) Centura Bank, Rocky Mount, North Carolina, to acquire 

certain assets and assume certain liabilities of Security 

First Network Bank, Atlanta, Georgia.* 

Newspaper - 06/27/2001 

Newspaper - 06/28/2001 

Newspaper - 06/30/2001 

Newspaper - 07/06/2001 

Newspaper - 07/21/2001 

*Subject to the provisions of the Community Reinvestment Act. 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

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

Type Application 

None 

Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

809324 The Annapolis Banking and 04/02/2001 06/17/2001 S X 

Trust Company 

236 Main Street 

Annapolis, Maryland 21401 

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 23, 2001 

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) Central Alabama Bancshares, Inc., Wetumpka, Alabama, to 

become a bank holding company by acquiring First Community 

Bank of Central Alabama, Wetumpka, Alabama. 

3(a)(1) Florida Coastline Community Group, Inc., Miami, Florida, to 

become a bank holding company by acquiring Florida Coastline 

National Bank, Miami, Florida (in organization). 

CIC The Bonifay Holding Company, Inc., Bonifay, Florida, prior 

notification filed by Guy F. Medley, Michael A. Medley, J. 

Dennis DuRant, Robert A. Bowen, M. Shay McCormick, Bobby 

L. George, Wilhelmina P. Belcer, Don W. Hersman, James F. 

Adams, Orilious G. Banks, Robert E. Black, Franklin L. Fisher, 

Brian K. James, Michael P. McCann, Rupert E. Phillips, Claude 

C. Royster III, D. Terry Tillman, and Charles R. Vawter, to 

collectively acquire 100 percent of the outstanding shares of 

Bonifay Holding Company, Inc., and its subsidiary, The Bank of 

Bonifay, both of Bonifay, Florida. 

3(a)(1) Newnan Coweta Bancshares, Inc., Newnan, Georgia, to become 

a bank holding company by acquiring Newnan Coweta Bank, 

Newnan, Georgia. 

N/Avail* 

N/Avail* 

N/Avail* 

N/Avail* 

*Subject to provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

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

Type Application 

Member First Community Bank of Central Alabama, Wetumpka, 

Alabama, to become a member of the Federal Reserve System. 

Foreign Caja de Ahorros y Monte de Piedad de Madrid, Madrid, Spain, 

to establish an international bank agency in Miami, Florida. 

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, June 23, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Blencoe State Bank, Blencoe, Iowa, for prior approval to 

establish a branch at 21947 State Highway 175, Onawa, Iowa.* 

18(c) Cedar Rapids Bank and Trust Company, Cedar Rapids, Iowa, 

for prior approval to acquire the Cedar Rapids, Iowa branch 

office of Quad City Bank and Trust Company, Bettendorf, 

Iowa.* 

18(c) & Branch Central Trust & Savings Bank, Cherokee, Iowa, for prior 

approval to acquire the assets and liabilities of First Federal 

Bank, Sioux City, Iowa and thereby to establish a branch at 2 

Bow Drive, Cherokee, Iowa.* 

18(c) & Comerica Bank-California, San Jose, California, for prior 

Branches approval to merge with Imperial Bank, Inglewood, California 

and thereby to establish 15 branches.* 

18(c) & Branch Commercial Trust & Savings Bank, Storm Lake, Iowa, for prior 

approval to acquire the Storm Lake, Iowa branch office of 

Commercial Federal Bank, FSB, Omaha, Nebraska and thereby 

to establish a branch at 1250 N. Lake Avenue, Storm Lake, 

Iowa.* 

Branch Royal American Bank, Inverness, Illinois, for prior approval to 

establish a branch at 645 Tollgate Road, Elgin, Illinois.* 

18(c) & Titonka Savings Bank, Titonka, Iowa, for prior approval to 

Branches purchase the Forest City, Iowa and Thompson, Iowa branches of 

Commercial Federal Bank, FSB, Omaha, Nebraska and thereby 

to establish a branch at 155 Jackson Street, Thompson, Iowa and 

to relocate their branch located at 101 N. Clark Street, Forest 

City, Iowa to 102 N. Clark Street, Forest City, Iowa.* 

Newspaper – 6/22/2001 

Newspaper – N/Avail 

Newspaper – N/Avail 

Newspaper – N/Avail 

Newspaper – N/Avail 

Newspaper – 6/20/2001 

Newspaper – N/Avail 

* 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)(1) American Bank Holdings, LLC., Cedar Falls, Iowa, for prior 

approval to become a bank holding company through the 

acquisition of 100 percent of the voting shares of American 

Bancorporation, Cedar Falls, Iowa, and thereby indirectly Cedar 

Valley Holding Company, Cedar Falls, Iowa, and Cedar Valley 

State Bank, Saint Ansgar, Iowa.* 

3(a)(1) American Community Financial, Inc., Woodstock, Illinois, for 

prior approval to become a bank holding company through the 

acquisition of 100 percent of the voting shares of American 

Community Bank & Trust, Woodstock, Illinois.* 

3(a)(1) Bancshares Holding Corp., Downers Grove, Illinois, for prior 

approval to become a bank holding company through the 

acquisition of 100 percent of the voting shares of The Bank of 

Commerce, Downers Grove, Illinois and by Commerce 

Investments I, Commerce Investments II and Commerce 

Investments III, all located at Oak Brook Terrace, Illinois, for 

prior approval to become a bank holding company through the 

acquisition of 27.87 percent of the voting shares of Bancshares 

Holding Corp., Downers Grove, Illinois and thereby indirectly 

acquire The Bank of Commerce, Downers Grove, Illinois.* 

3(a)(5) Harvard Bancorp, Inc., Harvard, Illinois, for prior approval to 

acquire 100 percent of the voting shares of Hebron Bancshares, 

Inc., Hebron, Illinois and thereby indirectly acquire Hebron 

State Bank, Hebron, Illinois.* 

3(a)(5) Marshall & Ilsley Corporation, Milwaukee, Wisconsin, for prior 

approval to acquire 100 percent of the voting shares of National 

City Bancorporation, Minneapolis, Minnesota and thereby 

indirectly acquire National City Bank of Minneapolis, 

Minneapolis, Minnesota.* 

3(a)(3) Quad City Holdings, Inc., Moline, Illinois, for prior approval to 

acquire 100 percent of the voting shares of Cedar Rapids Bank 

and Trust Company (in organization), Cedar Rapids, Iowa.* 

3(a)(1) Speer Bancshares, Inc., Speer, Illinois, for prior approval to 

become a bank holding company through the acquisition of 100 

percent of the voting shares of State Bank of Speer, Speer, 

Illinois.* 

Fed Reg – 7/06/2001 

Newspaper – N/Avail 

Fed Reg – N/Avail 

Newspaper – N/Avail 

Fed Reg – 6/22/2001 

Newspaper – 6/17/2001 

Fed Reg – 7/02/2001 

Newspaper – 6/30/2001 

Fed Reg – 7/02/2001 

Newspaper – N/Avail 

Fed Reg – 7/09/2001 

Newspaper – N/Avail 

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 

Ending date of 

Type Application comment period 

4(c)(8) Marshall & Ilsley Corporation, Milwaukee, Wisconsin, for prior 

approval to acquire 100 percent of the voting shares of 

Diversified Business Credit, Inc., Minneapolis, Minnesota and 

thereby to engage in extending credit and servicing loans. 

4(c)(8) Northview Financial Corporation, Northfield, Illinois, for prior 

approval to retain 50 percent interest in Northview Mortgage, 

LLC, Northfield, Illinois and thereby engage in extending credit 

and servicing loans through its subsidiary, Northview Bank & 

Trust. Northfield, Illinois. 

Fed Reg – 7/02/2001 

Fed Reg – 6/18/2001 

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

Type Application 

SMBOTH Bank One, Michigan, Detroit, Michigan, for prior approval to 

repay 7.25 percent of subordinated note in the amount of $50 

million due August 15, 2004, to its parent, Bank One 

Corporation. 

3(a)(1) Notice Piper Holdings, Inc., Covington, Indiana, for prior approval to 

become a bank holding company through the acquisition of 100 

percent of the voting shares of The Fountain Trust Company, 

Covington, Indiana. 

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. 
Section V – Availability of CRA public evaluations 

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

2744063 Tower Bank & Trust Company 12/04/2000 6/19/2001 S X 

116 E. Berry Street 

Fort Wayne, Indiana 46802 

(219) 427-7000 

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 23, 2001 

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)(5) Notice by Allegiant Bancorp, Inc., St. Louis, Missouri, to 

acquire 100 percent of Southside Bancshares, Corp., St. Louis, 

Missouri.* 

Newspaper – 7/20/2001 

Fed Reg – 7/20/2001 

3(a)(3) Notice by Bancstar, Inc., St. Louis, Missouri, to acquire 100 

percent of Pacific Bancstar, Inc., St. Louis, Missouri.* 

Newspaper – 7/23/2001 

Fed Reg – 7/19/2001 

* 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 

1821024 Central Bank & Trust Company 2/25/2001 6/18/2001 S X 

Little Rock, Arkansas 

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 23, 2001 

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 Western Bancorp, Inc., Huron, South Dakota, to acquire at 

least 74.8% of the voting shares of American Bank Shares, Inc., 

Rapid City, South Dakota.* 

CIC Joseph Manford Skophammer Trust, and Nancy Leah 

Skophammer to acquire control of Hartland Bancshares, Inc., 

Hartland, Minnesota. 

CIC Davis Bancshares Limited Partnership to acquire control of 

Belle Fourche Bancshares, Inc., Belle Fourche, South Dakota. 

Fed. Reg. – 07/19/2001 

Newspaper – 07/13/2001 

Fed. Reg. – N/Avail. 

Newspaper – N/Avail. 

Fed. Reg. – N/Avail. 

Newspaper – 07/10/2001 

*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, June 23, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Pinnacle Bank Wyoming, Torrington, Wyoming, for prior Newspaper – 06/30/2001 

approval to establish a branch at 3610 Dell Range Boulevard, 

Unit A5, Cheyenne, Wyoming. 

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

Ending date of 

Type Application comment period 

3(a)(1) Landmark Merger Company, Manhattan, Kansas (to be renamed 

Landmark Bancshares, Inc.), for prior approval to become a 

bank holding company through the acquisition of 100 percent of 

the voting shares of MNB Bancshares, Inc., Manhattan, Kansas. 

4(c)(8) Landmark Bancshares, Inc., Manhattan, Kansas, for prior 

approval to acquire 100 percent of the voting securities of 

Landmark Bancshares, Inc., Dodge City, Kansas, and its 

subsidiary, Landmark Federal Savings Bank, Dodge City, 

Kansas, and thereby engage in operation of a savings 

association. 

CIC Milton Allen Willnerd, Lincoln, Nebraska, for prior approval to 

acquire 65.1 percent of the voting shares of Wheeler County 

Bancshares, Inc., Ericson, Nebraska, parent of Ericson State 

Bank, Ericson, Nebraska. 

Newspaper – 07/14/2001 

Fed Reg – 07/09/2001 

Newspaper – 07/14/2001 

Fed Reg – 07/09/2001 

Newspaper – 07/12/2001 

Fed Reg – 07/10/2001 

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 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, June 23, 2001 

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 

260868 First Bank of Snook 04/09/2001 06/23/2001 S X 

FM Loop 2155 

Snook, Texas 77878 

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 23, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branches Farmers & Merchant Bank, Long Beach, California, to establish Newspaper – 06/28/2001 

branch offices at 22400 Torrance Boulevard, Torrance, 

California and 27525 Indian Peak Road, Rolling Hills Estates, 

California.* 

* 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) Centennial First Financial Services, Inc., Redlands, California, to 

acquire Palomar Community Bank, Escondido, California.* 

CIC Tererence Ray Sullivan, Carol Ann Sullivan, Patrick Sean 

Sullivan of Elko, Nevada, Terrance Leroy Sullivan, Deborah Ann 

Hall, Darren Eugene Hall, of Twin Falls, Idaho, Terrance Ryan 

Sullivan, Las Vegas, Nevada, Gary Phillip Sullivan, Staten 

Island, New York, Ralph William Farley and Iris Gertrude 

Farley, Laguna Woods, California, acting in concert to acquire up 

to 25 percent of Great Basin Financial Corporation, Elko, 

Nevada.* 

Newspaper – N/Avail 

Fed Reg – 07/26/2001 

Newspaper – N/Avail 

Fed Reg – 07/09/2001 

* 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)(5)(C) BAC Financial, Inc., Stockton, California, to become a bank 

holding company by acquiring Bank of Agriculture & 

Commerce, Stockton, California. 

COM Zions Bancorporation, Salt Lake City, Utah and BancWest 

Corporation, Honolulu, Hawaii, request for relief of joint venture 

and data processing commitments previously made in connection 

with their respective investments in HONOR Technologies, Inc., 

Star Systems, Inc., Bank Network Securities, Inc., and Safecheck 

Company, LLC. 

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 

2352815 Business Bank Nevada 01/13/2001 06/22/2001 S X 

6085 West Twain Avenue 

Las Vegas, Nevada 89102 

(702) 794-0070 

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

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

for errors or omissions. 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None