Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 12 

Week Ending March 23, 2002 

Board of Governors of the Federal Reserve System, Washington, DC 20551 
H.2 Board Actions March 17, 2002 to March 23, 2002 

Regulations And Policies 

Auditing and accounting work by Arthur Andersen LLP -- interagency statement directing 

financial institutions to follow the guidance issued by the U.S. Securities and Exchange 

Commission with respect to auditing and accounting work performed by Arthur Andersen 

LLP. 

- Published, March 19, 2002 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority March 17, 2002 to March 23, 2002 

BS&R 

C&CA 

FOMC 

Banking Supervision and Regulation 

Consumer and Community Affairs 

Federal Open Market Committee 

RBOPS 

IF 

OSDM 

Reserve Bank Operations and Payment Systems

International Finance

Office of Staff Director for Management

Bank Branches, Domestic 

Kansas City 

Bank of Colorado, Fort Collins, Colorado -- to establish a mobile branch to operate 

from its branch at 205 Country Center Drive, Pagosa Springs. 

- Approved, March 22, 2002 

Chicago 

Eastern Michigan Bank, Croswell, Michigan -- to establish a branch at 3061 Krafft 

Road, Fort Gratiot. 

- Approved, March 21, 2002 

Cleveland 

Fifth Third Bank, Cincinnati, Ohio -- to establish a branch at the intersection of Vine and 

Erie Streets, Willoughby. 

- Approved, March 19, 2002 

Richmond 

First Vantage Bank/Tri-Cities, Bristol, Virginia -- to establish a branch at 104 University 

Parkway, Suite 1, Johnson City, Tennessee. 

- Approved, March 20, 2002 

Kansas City 

Premier Bank, Denver, Colorado -- to establish a mobile branch to operate within a 35-

mile radius of 1630 Stout Street. 

- Approved, March 22, 2002 

Atlanta 

SouthTrust Bank, Birmingham, Alabama -- to establish a branch at 3880 LaVista Road, 

Tucker, Georgia. 

- Approved, March 21, 2002 

Richmond 

Valley Bank, Roanoke, Virginia -- to establish a branch at 1003 Hardy Road, Vinton. 

- Approved, March 18, 2002 

(AC) = Addition or Correction Delegated - Page 1 of 7 
H.2 Actions under delegated authority March 17, 2002 to March 23, 2002 

Bank Branches, Domestic 

Philadelphia 

Woodlands Bank, Williamsport, Pennsylvania -- to establish a branch at 973 Lycoming 

Mall Drive, Pennsdale. 

- Approved, March 22, 2002 

Bank Holding Companies 

St. Louis 

Allegiant Bancorp, Inc., St. Louis, Missouri -- to engage in community development 

activities. 

- Approved, March 19, 2002 

Kansas City 

Countryside Square Bancshares, Inc., Meriden, Kansas -- to become a bank holding 

company through the acquisition of State Bank of Meriden. 

- Withdrawn, March 21, 2002 

St. Louis 

First Community Bancshares, Xenia, Illinois -- to become a bank holding company 

through the acquisition of First Community Bank, Xenia-Flora. 

- Approved, March 19, 2002 

Dallas 

First Community Capital Corporation, Houston, Texas -- to acquire The Express Bank. 

- Approved, March 20, 2002 

St. Louis 

First Staunton Bancshares, Inc., Staunton, Illinois -- to acquire Hamel Bancorp, Inc., 

Hamel, and thereby indirectly acquire its subsidiary bank, Hamel State Bank. 

- Approved, March 20, 2002 

(AC) = Addition or Correction Delegated - Page 2 of 7 
H.2 Actions under delegated authority March 17, 2002 to March 23, 2002 

Bank Holding Companies 

Director, BS&R 

J.P. Morgan Chase & Co., New York, New York -- request for waiver of notification 

period for J.P. Morgan & Co., Incorporated and its Edge corporation subsidiaries, J.P. 

Morgan International Inc., New York, and J.P. Morgan International Finance Ltd., 

Wilmington, Delaware, to engage in underwriting and distributing equity securities outside 

the United States. 

- Granted, March 19, 2002 

Kansas City 

Krey Co., Ltd., Pratt, Kansas -- waiver of application in connection with the acquisition 

of Farmers State Bank, Hardtner. 

- Granted, March 21, 2002 

Dallas 

Prosperity Bancshares, Inc., Houston, Texas -- waiver of application in connection with 

the acquisition of Texas Guaranty Bank, National Association. 

- Granted, March 21, 2002 

Secretary 

Wells Fargo & Company, San Francisco, California -- to acquire Tejas Bancshares, Inc., 

Amarillo, Texas, and thereby indirectly acquire Tejas Force, Inc., Wilmington, Delaware, 

and The First National Bank of Amarillo. 

- Approved, March 20, 2002 

Bank Mergers 

Kansas City 

American Heritage Bank, Sapulpa, Oklahoma -- to merge with First Bank of Cleveland, 

Cleveland, and thereby establish a branch. 

- Approved, March 20, 2002 

St. Louis 

Arvest Bank, Fayetteville, Arkansas -- to merge with WestStar Bank, Barltesville, 

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

and thereby establish branches. 

- Approved, March 22, 2002 

(AC) = Addition or Correction Delegated - Page 3 of 7 
H.2 Actions under delegated authority March 17, 2002 to March 23, 2002 

Bank Mergers 

Secretary 

RBC Centura Bank, Rocky Mount, North Carolina -- to merge with SFNB (Georgia) 

Bank, Atlanta, Georgia, on the conversion of Security First Network Bank from a federal 

savings association to a state-chartered bank. 

- Approved, March 19, 2002 

Banks, Foreign 

New York 

Bayerische Landesbank Girozentrale, Munich, Germany -- to conduct leasing activities in 

the United States through a subsidiary company, Kommanditgesellschaft Allgemeine 

Leasing GmbH & Co., Grunwald. 

- Approved, March 19, 2002 

Secretary 

The Royal Bank of Scotland Group plc, Edinburgh, Scotland -- to acquire, through 

Identrus, LLC, New York, New York, an equity interest in Digital Signature Trust 

Company, Salt Lake City, Utah, and thereby engage in acting as a certification authority 

in connection with financial and nonfinancial activities. 

- Approved, March 19, 2002 

Change In Bank Control 

Dallas 

ANB Financial Corporation, Arlington, Texas -- change in bank control. 

- Permitted, March 21, 2002 

St. Louis 

The Bancshares, Inc., Scottsburg, Indiana -- change in bank control. 

- Permitted, March 18, 2002 

Kansas City 

CCB Corporation, Kansas City, Missouri -- change in bank control. 

- Permitted, March 19, 2002 

Atlanta 

Georgia Central Bancshares, Inc., Social Circle, Georgia -- change in bank control. 

- Withdrawn, March 21, 2002 

(AC) = Addition or Correction Delegated - Page 4 of 7 
H.2 Actions under delegated authority March 17, 2002 to March 23, 2002 

Change In Bank Control 

Atlanta 

PCB Bancorp, Inc., Johnson City, Tennessee, and People's Community Bank -- change 

in bank control. 

- Permitted, March 18, 2002 

Chicago 

Stockbridge Bancorporation, Inc., Stockbridge, Michigan -- change in bank control. 

- Permitted, March 21, 2002 

Richmond 

Sun BankShares, Murrells Inlet, South Carolina -- change in bank control. 

- Permitted, March 22, 2002 

Competitive Factors Reports 

Atlanta 

American Community Bank of Georgia, McDonough, Georgia -- report on competitive 

factors of the proposed merger with First National Bank of Griffin, Griffin. 

- Submitted, March 20, 2002 

San Francisco 

Atlanta 

Atlanta 

Capitol Valley Bank, Roseville, California -- report on competitive factors of the 

proposed merger with Humboldt Bank, Eureka. 

- Submitted, March 19, 2002 

The Citizens Bank of Philadelphia, Philadelphia, Mississippi -- report on competitive 

factors of the proposed merger with Citizens Bank and Trust Company, Louisville. 

- Submitted, March 20, 2002 

Kaplan State Bank, Kaplan, Louisiana -- report on competitive factors of the proposed 

merger with Coastal Commerce Bancshares, Inc. 

- Submitted, March 20, 2002 

(AC) = Addition or Correction Delegated - Page 5 of 7 
H.2 Actions under delegated authority March 17, 2002 to March 23, 2002 

Competitive Factors Reports 

Chicago 

Livingston State Bank, Livingston, Wisconsin -- report on competitive factors of the 

proposed merger with New Livingston State Bank. 

- Submitted, March 20, 2002 

Philadelphia 

Minersville Safe Deposit Bank and Trust Company, Minersville, Pennsylvania -- report 

on competitive factors of the proposed purchase of assets and assumption of liabilities of 

Community Bank, Millersburg. 

- Submitted, March 20, 2002 

Philadelphia 

Parke Bank, Sewell, New Jersey -- report on competitive factors of the proposed 

purchase of assets and assumption of liabilities of Berean Federal Savings Bank, 

Philadelphia, Pennsylvania. 

- Submitted, March 19, 2002 

Dallas 

Sterling Bank, Houston, Texas -- report on competitive factors of the proposed merger 

with Community Bank, Katy. 

- Submitted, March 22, 2002 

San Francisco 

Tehama Bank, Red Bluff, California -- report on competitive factors of the proposed 

merger with Humboldt Bank, Eureka. 

- Submitted, March 19, 2002 

Extensions Of Time 

Dallas 

A.N.B. Holding Company, Ltd., Terrell, Texas -- extension to June 13, 2002, to acquire 

The ANB Corporation, The ANB Delaware Corporation, and The American National 

Bank of Texas. 

- Granted, March 20, 2002 

(AC) = Addition or Correction Delegated - Page 6 of 7 
H.2 Actions under delegated authority March 17, 2002 to March 23, 2002 

Extensions Of Time 

St. Louis 

Arvest Bank, Fayetteville, Arkansas -- extension to May 1, 2002, to merge with Arvest 

State Bank, Tulsa, Oklahoma, and thereby establish branches. 

- Granted, March 22, 2002 

Chicago 

Prairie Bank and Trust Company, Bridgeview, Illinois -- extension to April 4, 2003, to 

establish a branch at the intersection of 191st and 88th Avenue, Mokena. 

- Granted, March 22, 2002 

(AC) = Addition or Correction Delegated - Page 7 of 7 
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, March 23, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

CIC Northern Bancorp, Inc., Woburn, Massachusetts - notification 

filed by a group comprised of Dorothy M. Mawn, Woburn, 

Massachusetts, and her family and affiliated entities acting in 

concert to acquire greater than 25% of the voting shares of 

Northern Bancorp, Inc. 

CIC Northern Bancorp, Inc., Woburn, Massachusetts - notification 

filed by Dorothy M. Mawn, Woburn, Massachusetts, to acquire 

up to no more than 15% of outstanding shares of Northern 

Bancorp, Inc. 

CIC Northern Bancorp, Inc., Woburn, Massachusetts - notification 

filed by Thomas M. Mawn Jr. Trust Fund B, Woburn, 

Massachusetts, to acquire up to no more than 15% of 

outstanding shares of Northern Bancorp, Inc. 

Newspaper - N/Avail Fed 

Reg - 04/12/2002 

Newspaper - N/Avail Fed 

Reg - 04/12/2002 

Newspaper - N/Avail Fed 

Reg - 04/12/2002 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

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

Type Application 

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, March 23, 2002 

Section I – Applications subject to newspaper notice only 

Type Application 

Branch JP Morgan Chase Bank, New York, New York,to open a de 

novo branch office at the Newport Center, Jersey City, New 

Jersey. 

Branch Bank of New York, New York, New York, to establish a branch 

office in Harding Township, New Jersey. 

Rep. Office Natexis Banque Popularies S.A., Paris, France, to establish a 

representative office in Miami, Florida 

Ending date of 

comment period 

Newspaper – 04/07/2002 

Newspaper - 03/31/2002 

Newspaper – N/A 

* Subject to the provisions of the Community Reinvestment Act 

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

Type Application 

3a1, CC CSB Financial Corp., Teaneck, New Jersey (“Financial”) to 

become a bank holding company with respect to Community 

State Bank, Teaneck, New Jersey, and notice by the 

Lindenbaum Group and Basswood Partners LLC, which upon 

bank holding company conversion, will maintain 22.6% of 

Financial. 

3a1 Eurobancshares, Inc., Hato Rey, Puerto Rico, to acquire 100% 

of the issued and outstanding shares of the common stock of 

Eurobank, Hato Rey, Puerto Rico. 

Ending date of 

comment period 

Newspaper – 04/18/2002 

Fed. Reg. – 03/27/2002 

Newspaper – 03/01/2002 

Fed. Reg. – 03/29/2002 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4c8 Notice by Barclays Plc and Barclays Bank Plc, both of London, Fed. Reg. – 03/29/2002 

England, to engage in certain nonbanking activities, both 

directly and through Identrus, LLC. 
Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4c8 Notice Bayerische Hypo- und Vereinsbank AG, Allianz AG, and 

Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft 

in Munchen, all of Munich, Germany, to engage in certain 

nonbanking activities through Identrus, LLC (“Identrus”), in 

connection with the acquisition by Identrus of Digital Signature 

Trust Company. 

Fed. Reg. – 04/11/2002 

4c8 Notice by Bayerische Hypo-und Vereinsbank 

Aktiengesellschaft, Munich, Germany, Barclays PLC and 

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

with the acquisition by Identrus, LLC of Digital Signature Trust 

Company, to engage in certain nonbanking activities through 

Identrus. 

Fed. Reg. – 03/25/2002 

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, March 23, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Orrstown Bank, Orrstown, PA, to establish a branch office 04/02/2002 

located at 2250 Spring Road, Carlisle, North Middleton 

Township, Cumberland County, PA 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, March 23, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

Regulation K Received application from Mellon Bank, N.A., Pittsburgh, PA 

on 03/21/2000 of its intent to reorganize Mellon Bank (Canada) 

and to establish a new Mellon Bank branch in Toronto, Canada. 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, March 23, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

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

1416 North Point Village Center, Reston, Virginia.* 

Newspaper - 04/01/2002 

Branch New Peoples Bank, Inc., Honaker, Virginia, to establish a 

branch in the Colley Shopping Center, Highway 83, Clintwood, 

Virginia.* 

Newspaper - 04/01/2002 

*Subject to the provisions of the Community Reinvestment Act. 

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

Ending date of 

Type Application comment period 

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 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, March 23, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

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

located at 3880 LaVista Road, Tucker, Georgia, to be known as 

the Northlake Branch. 

Branch Coconut Grove Bank, Miami, Florida, after-the-fact application 

to retain the established branch located at 14695 South Dixie 

Highway, Miami, Florida, known as the Palmetto Bay Office. 

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

109 Royal Palm Way, Palm Beach, Florida, to be known as the 

Royal Palm Way Office. 

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

6335 Mechanicsville Turnpike, Mechanicsville, Virginia, to be 

known as the East Hanover Kroger Office. 

Branch United Bank and Trust Company, St. Petersburg, Florida, to 

establish a branch located at the South East corner of NE 

Coachman Road and Belcher Road, Clearwater, Florida, to be 

known as NE Coachman Office. 

03/13/2002* 

03./27/2002* 

04/02/2002* 

03/30/2002* 

03/31/2002* 

*Subject to provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

CIC FirstBancorp, Inc., Naples, Florida, after-the-fact change in 

control notification by Mr. Jerry J. Williams, to retain 20.58 

percent of the outstanding shares of FirstBancorp, Inc., Naples, 

Florida. 

04/15/2002

CIC Georgia Central Bancshares, Inc., Social Circle, Georgia, afterthe-fact notification filed by Mr. Alvin Gibson to retain 1,322 

outstanding shares of Georgia Central Bancshares, Inc., Social 

Circle, Georgia. 

N/Avail 
Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

4(c)(8) Omni Bancshares, Inc., Metairie, Louisiana, to acquire a 12.5 

percent membership interest in FSV Funding, LLC, Houston, 

Texas, and thereby engage in data processing activities. 

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 

701736 Brand Banking Company 

Post Office Box 1110 

Lawrenceville, Georgia 30046 

(770) 963-9225 

12/03/2001 03/20/2002 S X

900137 United Bank & Trust Company 

Post Office Box 14517 

St. Petersburg, Florida 33733 

12/10/2001 03/18/2002 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, March 23, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Comerica Bank, Detroit, Michigan, to establish two branch 

facilities to be located at 1277 East M-36, Pinckney, Michigan 

and 10059 Highland Road, Howell, Michigan.* 

Branch Lake Forest Bank & Trust Company, Lake Forest, Illinois, to 

establish a branch facility to be located at 1716 1st Avenue, 

Highland Park, Illinois.* 

18(c) State Bank of Howards Grove, Howards Grove, Wisconsin, to 

assume approximately $20 million in medical savings account 

deposits from Citizens Bank of Pennsylvania, Philadelphia, 

Pennsylvania.* 

Newspaper – 04/06/2002 

Newspaper – 03/20/2002 

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

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

and thereby indirectly acquire Northwoods State Bank, Elcho, 

Wisconsin.* 

Notice by Thomas Mark Huston, Columbus Junction, Iowa, to 

retain his control of 25.59% of CJSB Bancorporation, 

Columbus Junction, Iowa. 

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

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

Illinois and thereby indirectly acquire The Gifford State Bank, 

Gifford, Illinois.* 

3(a)(3) Metropolitan Bank Group, Inc., Chicago, Illinois, Metropolitan 

Bancorp, Inc., Chicago, Illinois and Plaza Bancorp, Inc., 

Norridge, Illinois, to acquire 100 percent of Firstcom Bancorp, 

Inc., Chicago, Illinois and thereby indirectly acquire The First 

Commercial Bank, Chicago, Illinois.* 

Fed Reg – 04/01/2002 

Newspaper – 03/31/2002 

Fed Reg – 04/09/2002 

Newspaper – N/Avail 

Fed Reg – 03/29/2002 

Newspaper – 03/29/2002 

Fed Reg – N/Avail 

Newspaper – N/Avail 

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

Ending date of 

Type Application comment period 

3(a)(1) Nicolet Bankshares, Inc., Green Bay,Wisconsin, to become a 

bank holding company by acquiring 100 percent of Nicolet 

National Bank, Green Bay, Wisconsin.* 

3(a)(1) & 4(c)(8) Peoples Bancorp, Rock Valley, Iowa, to become a bank holding 

company by acquiring 100 percent of Peoples Bank, Rock 

Valley, Iowa and to retain Peoples Financial, Inc., Rock Valley, 

Iowa and thereby engage in insurance activities.* 

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

become a bank holding company by acquiring 100 percent of 

State Bank of Newburg, Newburg, Wisconsin.* 

Fed Reg – N/Avail 

Newspaper – N/Avail 

Fed Reg – 12/31/2001 

Newspaper – 01/05/2002 

Fed Reg – 03/25/2002 

Newspaper – 03/14/2002 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

571443 Farmers State Bank 

309 S. Prairie Street 

Brookston, Indiana 47923 

(765) 563-3135 

653433 Farmers State Bank of Western 

Illinois 

124 W. D Street 

Alpha, Illinois 61413 

(309) 629-4361 

10/28/2001 03/22/2002 S X 

10/30/2001 03/22/2002 S X 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, March 23, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

CIC Century Bancshares, Inc., Gainesville, Missouri, by John L. Newspaper – 04/03/2002 

Harlin, Gainesville, Missouri, to retain direct and indirect Fed Reg – 03/19/2002 

control of 30.43 percent. (Previously submitted during the week 

ending March 2, 2002) 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

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 facilitie s. 

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 

192147 Citizens Bank & Trust Company, Van 12/03/2001 03/26/2002 S X 

Buren, 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, March 23, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

3A1 Plato Holdings, Inc., St. Paul, Minnesota, to become a bank 

holding company by acquiring 100 percent of Drake Bank, St. 

Paul, Minnesota, a de novo bank.* 

Newspaper – 03/07/2002 

Fed Reg – 03/05/2002 

CIC Donald G. Hansen, Mildred M. Hansen Trust and Mildred M. 

Hansen, as individual and trustee of the Mildred M. Hansen 

Trust, to retain control of Currie Bancorporation, Inc., Currie, 

Minnesota. 

Newspaper – 04/10/2002 

Fed Reg – 04/08/2002 

*Subject to the provisions of the Community Reinvestment Act. 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

application for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

445852 Western Bank of Wolf Point, 12/03/2001 03/19/2002 S X 

Wolf Point, Montana 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, March 23, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) Community Banks of Southern Colorado, Rocky Ford, Newspaper – 04/15/2002 

Colorado, to merge with Rocky Ford Financial, Inc., Rocky 

Ford, Colorado, and incident thereto, establish a branch. 

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

Type Application 

3a1 Countryside Square Bancshares, Inc., Meriden, Kansas, to 

become a bank holding company through the acquisition of 100 

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

Kansas. 

CIC Marilyn Myers Bouziden, Alva, Oklahoma, to acquire up to 

43.47 percent of the voting shares of Myers Bancshares, Inc., 

Alva, Oklahoma, parent of The Central National Bank in Alva, 

Alva, Oklahoma. 

CIC Don H. Carlton and Brenda C. Bruton, both of Tulsa, Oklahoma, 

to acquire control of ASB Corporation, Tulsa, Oklahoma, parent 

of American State Bank, Tulsa, Oklahoma. 

Ending date of 

comment period 

Newspaper – 04/01/2002 

Fed Reg – 04/15/2002 

Newspaper – 04/03/2002 

Fed Reg – 04/04/2002 

Newspaper – N/Available 

Fed Reg – N/Available 

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 

Foreign Branch Bank of Oklahoma, N.A., Tulsa, Oklahoma, to establish a 

foreign branch in Grand Cayman, Cayman Islands. 

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, March 23, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch PNB Financial Bank, Lubbock, TX, to establish a branch office 03/31/2002 

at 5821 82nd Street, Lubbock, TX, 79424* 

*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 

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, March 23, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

3(a)(1) Plumas Bancorp, Quincy, California, to become a bank holding Newspaper – 04/12/2002 

company by acquiring 100 percent of Plumas Bank, Quincy, Fed Reg – 04/12/2002 

California.* 

* 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) Temecula Valley Bancorp, Inc., Temecula, California, to become a 

bank holding company by acquiring at least 90 percent of 

Temecula Valley Bank, Temecula, California. 

Foreign Branch Union Bank of California, N.A., San Francisco, California, to 

establish a branch in Calgary, Canada, pursuant to Section 

211.3(a)(1) 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 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