Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 4

Week Ending January 22, 2000

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions January 16, 2000 to January 22, 2000

Bank Holding Companies

HSBC Holdings plc, London, United Kingdom -- commenter's request for 

reconsideration of the Board's approval of the application to acquire Republic New 

York Corporation, New York, New York.

- Denied, January 19, 2000 

International Operations

Citibank, N.A., New York, New York -- to acquire, through its Edge corporation 

subsidiary Citibank Overseas Investment Corporation, New Castle, Delaware, The 

Diners Club Japan, Inc., Tokyo, Japan.

- Approved, January 18, 2000 

Regulations And Policies

Financial Holding Companies -- interim amendments to Regulation Y to establish 

procedures for bank holding companies and foreign banks with U.S. offices to elect 

to become financial holding companies under the Gramm-Leach-Bliley Act.

- Approved, January 18, 2000 

Enforcement

Professional Bank, Denver, Colorado -- order of assessment of a civil money penalty 

against Charles A. Drummond, a former officer, director, and institution-affiliated 

party.

- Announced, January 19, 2000 

(AC) = Addition or Correction Board - Page 1 of 1
January 16, 2000 to January 22, 2000

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

International Fiance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

Admirality Bank, Palm Beach Gardens, Florida -- to establish a branch at 6765 North 

Wickham Road, Melbourne.

- Approved, January 19, 2000 

Atlanta

Canadian State Bank, Yukon, Oklahoma -- to establish a branch at 307 S. Rock 

Island, El Reno.

- Approved, January 20, 2000 (AC)

Kansas City

Capital City Bank, Tallahassee, Florida -- to establish a branch at 1456 Capital Circle 

Northwest.

- Approved, January 21, 2000 

Atlanta

Columbia Bank, Tampa, Florida -- to establish a branch 153 Treasure Island 

Causeway, Treasure Island.

- Approved, January 21, 2000 

Atlanta

F&M Bank-Wisconsin, Pulaski, Wisconsin -- to establish a branch at 160 East 

Pulaski Street.

- Approved, January 20, 2000 

Chicago

Hanmi Bank, Los Angeles, California -- to establish a branch at 4637 Convoy Street, 

San Diego.

- Approved, January 19, 2000 

San Francisco

Prosperity Bank & Trust Company, Springfield, Virginia -- to establish a branch at 

6050A Burke Commons Court, Burke.

- Approved, January 21, 2000 

Richmond

(AC) = Addition or Correction Delegated - Page 1 of 7
H.2 Actions under delegated authority January 16, 2000 to January 22, 2000

Bank Holding Companies

Belvedere Capital Partners LLC, San Francisco, California; California Community 

Financial Institutions Fund Limited Partnership; and California Community 

Bancshares, Inc. -- to acquire Signature Financial Group, Danville, California.

- Withdrawn, January 19, 2000 

San Francisco

Chestatee Bancshares, Inc., Dawsonville, Georgia -- to become a bank holding 

company through the acquisition of Chestatee State Bank.

- Approved, January 19, 2000 

Atlanta

Citizen's Community Bancorp, Inc., Marco Island, Florida -- to engage de novo in 

originating certain mortgage loans.

- Approved, January 21, 2000 

Atlanta

Concord EFS, Inc., Memphis, Tennessee -- to acquire National Payment Systems, 

Inc., New York, New York.

- Approved, January 22, 2000 

St. Louis

Exchange Bancshares, Inc., Milledgeville, Georgia -- to acquire Exchange Insurance 

Agency, Inc., Gray, and thereby engage in insurance agency activities in a town with 

a population of less than 5,000.

- Returned, January 13, 2000 (AC)

Atlanta

Gulf Coast Community Bancshares, Inc., Wewahitchka, Florida -- to become a bank 

holding company through the acquisition of Wewahitchka State Bank.

- Approved, January 4, 2000 (AC)

Atlanta

(AC) = Addition or Correction Delegated - Page 2 of 7
H.2 Actions under delegated authority January 16, 2000 to January 22, 2000

Bank Holding Companies

Iowa State Financial Services Corporation, Fairfield, Iowa -- to become a bank 

holding company through the acquisition of Iowa State Bank and Trust Company, 

Fairfield; to acquire North Linn Corporation, Coggon, and indirectly acquire Linn 

County State Bank; and to acquire, through the acquisition of North Linn 

Corporation, Sister Insurance Agency and engage in a permissible nonbanking 

activity.

- Approved, January 21, 2000 

Chicago

NCT Holdings, Inc., Greensboro, North Carolina -- to become a bank holding 

company with respect to its subsidiary, U.S. Trust Company of North Carolina, 

Greensboro, in connection with the bank's conversion; U.S. Trust Corporation, New 

York, New York, to acquire shares of U.S. Trust Company of North Carolina; and 

NCT Holdings, Inc. to retain ownership of its subsidiary, NCT Opportunities Inc., 

Greensboro, and thereby engage in certain nonbanking activities.

- Approved, January 20, 2000 

New York

Otto Bremer Foundation, St. Paul, Minnesota, and Bremer Financial Corporation -- 

to acquire Northwest Equity Corporation, Amery, Wisconsin, and Northwest 

Savings Bank.

- Approved, January 19, 2000 

Minneapolis

Spectrum Bancorporation, Inc., Omaha, Nebraska -- to acquire Citizens Bank, 

Carlisle, Iowa, a de novo bank, to facilitate the acquisition of certain assets and 

liabilities of the Hartford-Carlisle Savings Bank from the Federal Deposit Insurance 

Corporation.

- Approved, January 13, 2000 (AC)

Chicago

Toronto-Dominion Bank, Toronto, Canada -- to acquire CTUSA, F.S.B., Naples, 

Florida.

- Approved, January 18, 2000 

New York

(AC) = Addition or Correction Delegated - Page 3 of 7
H.2 Actions under delegated authority January 16, 2000 to January 22, 2000

Bank Holding Companies

United Financial Holdings, Inc., St. Petersburg, Florida -- to extend credit to United 

Insurance Holdings, Inc., and engage in other lending activities.

- Approved, January 7, 2000 (AC)

Atlanta

Wewahitchka State Bank, Employee Stock Ownership Plan, Wewahitchka, Florida -- 

to acquire shares of Gulf Coast Bancshares, Inc.

- Approved, January 21, 2000 

Atlanta

Bank Mergers

Gold Bank, Leawood, Kansas -- to merge with Linn County Bank, La Cygne, and 

retain branches, and for Linn County Bank to become a member of the Federal 

Reserve System.

- Approved, January 20, 2000 

Kansas City

Banks, Nonmember, And Miscellaneous Institutions

North American Vaccine, Inc., Beltsville, Maryland -- deregistration under 

Regulation U.

- Approved, January 18, 2000 

Richmond

Change In Bank Control

Merchants and Farmers Bancshares, Inc., Eutaw, Alabama -- change in bank control.

- Permitted, January 21, 2000 

Atlanta

Whitewater Bancshares, Inc., Whitewater, Kansas -- change in bank control.

- Permitted, January 20, 2000 

Kansas City

(AC) = Addition or Correction Delegated - Page 4 of 7
H.2 Actions under delegated authority January 16, 2000 to January 22, 2000

Competitive Factors Reports

Beacon Federal Credit Union, East Syracuse, New York -- report on competitive 

factors of the proposed merger with Caney Fork Cooperative Credit Union, 

McMinnville, Tennessee.

- Submitted, January 19, 2000 

New York

Branch Banking and Trust Company, Winston-Salem, North Carolina -- reports on 

competitive factors of the proposed mergers with Matewan National Bank, 

Williamson, West Virginia, and Matewan Bank, FSB, Paintsville, Kentucky.

- Submitted, January 21, 2000 

Richmond

Farmers State Bank, Parkston, South Dakota -- report on competitive factors of the 

proposed merger with Farmers State Bank, Kaylor.

- Submitted, January 18, 2000 

Minneapolis

The First National Bank of Bertha-Verndale, Bertha, Minnesota -- report on 

competitive factors of the proposed merger with West Central Bank, Barrett.

- Submitted, January 20, 2000 

Minneapolis

First National Bank of Layton, Layton, Utah -- report on competitive factors of the 

proposed merger with FNB Merger Co.

- Submitted, January 19, 2000 

San Francisco

First Security Bank of Havre, Havre, Montana -- report on competitive factors of the 

proposed acquisition of assets and assumption of liabilities of the Glasgow and Malta 

branches of Stockman Bank of Montana, Miles City.

- Submitted, January 21, 2000 

Minneapolis

Interim National Bank of Edgartown, Edgartown, Massachusetts -- report on 

competitive factors of the proposed merger with The Edgartown National Bank.

- Submitted, January 20, 2000 

Boston

(AC) = Addition or Correction Delegated - Page 5 of 7
H.2 Actions under delegated authority January 16, 2000 to January 22, 2000

Competitive Factors Reports

North Fork Bank, Mattituck, New York -- reports on competitive factors of the 

proposed mergers with Jamaica Savings Bank, Lynbrook, and with Reliance Federal 

Savings Bank, Garden City.

- Submitted, January 19, 2000 

New York

Extensions Of Time

The Bank of Boulder, Boulder, Colorado -- extension to March 31, 2001, to 

establish a branch at 100th Avenue and Wadsworth Boulevard, Westminster. 

- Granted, January 4, 2000 (AC)

Kansas City

F.N.B. Corporation, Hermitage, Pennsylvania -- extension to May 1, 2000, to 

acquire shares of Sun Bancorp, Inc., Selinsgrove.

- Granted, January 20, 2000 

Cleveland

Midwest Bank, Hinsdale, Illinois -- extension to January 21, 2001, to establish a 

branch at 505 North Roselle Road, Roselle.

- Granted, January 21, 2000 

Chicago

Membership

Bay Bank of Commerce, San Leandro, California -- to become a member of the 

Federal Reserve System.

- Approved, January 20, 2000 

San Francisco

Regulations And Policies

Federal Open Market Committee -- modifications to its disclosure procedures.

- Announced, January 19, 2000 

FOMC

(AC) = Addition or Correction Delegated - Page 6 of 7
H.2 Actions under delegated authority January 16, 2000 to January 22, 2000

Reserve Bank Operations

Federal Reserve Bank of New York -- to act as fiscal agent in connection with a 

proposed issue of U.S. Dollar Bonds by the Inter-American Development Bank.

- Approved, January 21, 2000 

General Counsel

(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, January 22, 2000

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, January 22, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

FBSEA Banca Intessa S.P.A., Milano, Italy, to establish a branch in

New York, New York, and to establish representative offices in

Chicago, Illinois and San Francisco, California.

Newspaper – N/Avail

FBSEA UBS AG, Zurich, Switzerland, to establish a representative

office in Boston, Massachusetts.

Newspaper – N/Avail

FBSEA Credit Commercial de France, Paris, France, to establish a

representative office in New York, New York.

Newspaper – N/Avail

FBSEA Banco Comercial Portugues, S.A., Porto, Portugal, to establish a

representative office in Miami, Florida.

Newspaper – N/Avail

FBSEA Turkiye Is Bankasi A.S., Ankara, Turkey, to establish a

representative office in New York, New York.

Newspaper – N/Avail

FBSEA Arab Banking Corporation (B.S.C.), Manama, Bahrain, to

establish a federally licensed uninsured branch in Greenwich,

Connecticut.

Newspaper – N/Avail

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

4(c)(8) Societe Generale, Paris, France, to purchase, through its indirect

wholly owned subsidiary, Societe Generale Investment

Corporation, the equivalent of 27 percent of the outstanding

voting equity securities of IPO.COM, Inc, a Delaware

corporation, and thereby engage in data processing activities.

Fed Reg – N/Avail
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, January 22, 2000

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, January 22, 2000

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) Received application from Three Rivers Bancorp, Monroeville,

PA on 01/12/2000 to acquire Three Rivers Bank and Trust

Company, Monroeville, PA

Fed Reg – 02/11/2000

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 2

nd Quarter of 2000

Institution Location

MidAm Bank 519 Madison Avenue

Toledo, OH 43604

Buckeye Community Bank 105 Sheffield

Lorain, OH 44055

Settlers Bank 115 Third Street

Marietta, OH 45750

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

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

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

circumstances.
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, January 22, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Virginia Heartland Bank, Fredericksburg, Virginia, to establish

 a branch at the intersection of Route 17 and Greenbank Road

(Route 654), Falmouth, Virginia.*

Newspaper - 01/25/2000

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

branch at 5700 Lake Wright Drive, Norfolk, Virginia.*

Newspaper - 01/30/2000

Branch The First Bank and Trust Company, Lebanon, Virginia, to

establish a branch at 1030 Richmond Road, Staunton,

Virginia.*

Newspaper - 02/03/2000

*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) FNB Corp., Asheboro, North Carolina, to acquire Carolina

Fincorp, Inc., Rockingham, North Carolina.*

Fed Reg - 02/17/2000

Newspaper - 02/13/2000

3(a)(5) BB&T Corporation, Winston-Salem, North Carolina,

to acquire Hardwick Holding Company, Dalton, Georgia.*

Fed Reg - 02/17/2000

Newspaper - 02/15/2000

3(a)(5) BB&T Corporation, Winston-Salem, North Carolina, to

acquire First Banking Company of Southeast Georgia,

Statesboro, Georgia.*

Fed Reg - N/Avail

Newspaper - 02/22/2000

*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)(1) HSB Bancorp, Inc., Hebron, Maryland, to become a bank

holding company through the acquisition of 100% of the voting

shares of Hebron Savings Bank, Hebron, Maryland.

3(a)(1) MCSB Bancorp, Inc., Durham, North Carolina, to become a

bank holding company through the acquisition of 100% of the

voting shares of Mutual Community Savings Bank, Inc., SSB,

Durham, North Carolina.

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, January 22, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Republic Security Bank, West Palm Beach, Florida, to establish

a branch located at the Albertson’s supermarket at 800 S.W. St.

Lucie West Boulevard, Port St. Lucie, Florida.

01/31/2000*

*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

CIC After-the-fact change in control notification filed by Mr. W.

David Sweatt to retain 11.6 percent of the outstanding shares of

CNB Holdings, Inc., Alpharetta, Georgia.

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Birthright, Incorporated, Montgomery, Alabama, prior

notification to engage in securities brokerage activities,

through a joint venture known as Jackson, Shanklin &

Sonia Securities, LLC, New Orleans, Louisiana.

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

1162914 Intervest Bank

625 Court Street

Clearwater, Florida 33756

(813) 442-2551

09/27/1999 01/17/2000 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, January 22, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

CIC Horizon Bancorp

Michigan City, Indiana

 By Horizon Bancorp Employees’ Stock Bonus Plan Trust

Fed Reg – 02/07/2000

Newspaper – N/Avail

 CIC Bay Port Financial Corporation

Bay Port, Michigan

 By Edwin Henry Eichler

Fed Reg – 02/07/2000

Newspaper – 01/28/2000

3(a)(1) The Leaders Group, Inc.*

Oak Brook, Illinois

 The Leaders Bank (in organization)

 Oak Brook, Illinois

Fed Reg – N/Avail

Newspaper – 11/24/1999

3(a)(1) Woodland Financial Group, L.L.C.*

Oak Brook, Illinois

 The Leaders Group, Inc.

 Oak Brook, Illinois

The Leaders Bank (in organization)

 Oak Brook, Illinois

Fed Reg – N/Avail

Newspaper – 02/12/2000

3(a)(3) Capitol Bancorp, Ltd.*

Lansing, Michigan

 Black Mountain Community Bank (in organization)

 Henderson, Nevada

Fed Reg – 11/15/1999

Newspaper – 11/14/1999

3(a)(3) Sun Community Bancorp Limited*

Phoenix, Arizona

 Black Mountain Community Bank (in organization)

 Henderson, Nevada

Fed Reg – 11/15/1999

Newspaper – 11/14/1999

3(a)(3) Nevada Community Bancorp Limited*

Las Vegas, Nevada

 Black Mountain Community Bank (in organization)

 Henderson, Nevada

Fed Reg – 11/15/1999

Newspaper – 11/14/1999

* 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

S/R Madison Holding Company

Winterset, Iowa

 To redeem 124 shares of common stock

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

60143 Comerica Bank

500 Woodward Avenue

Detroit, Michigan 48226

(313) 222-3300

04/05/1999 01/18/2000 O 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, January 22, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(5) Notice involving LBT Bancshares, Inc., Litchfield, Illinois, by

David R. Flemming, Litchfield, Illinois. (Previously reported

during the week ending January 15, 2000)

Newspaper – 2/5/2000

Fed Reg – 2/10/2000

3(a)(5) Notice by National Commerce Bancorporation, Memphis,

Tennessee, to acquire Piedmont Bancorporation, Hillsborough,

North Carolina.

Newspaper – 2/20/2000

Fed Reg – 2/17/2000

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

904359 Century Bank of the Ozarks

Gainesville, Missouri

9/13/1999 1/17/2000 O X

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, January 22, 2000

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 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, January 22, 2000

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

Member Ravenna Bank, Ravenna, Nebraska, for prior approval to

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

227151 Union State Bank

Arkansas City, Kansas

11/01/1999 01/20/2000 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, January 22, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch United Central Bank, Garland, TX, to establish a branch office

at 5910 Hillcroft, Houston, TX, 77036*

01/31/2000

*Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

CIC Charles Burgess and C. Jane Burgess, Amarillo, TX, to acquire

an interest in Herring Bancorporation, Inc., Vernon, TX

(previously reported the week ending January 1, 2000)

Fed Reg – 01/27/2000

Newspaper – 02/04/2000

3(a)(3) Mesquite Financial Service, Alice, TX, to acquire

Falfurrias State Bank, Falfurrias, TX*

(previously reported the week ending January 8, 2000)

Fed Reg – 02/15/2000

Newspaper – 01/28/2000

*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

199463 Van Horn State Bank

100 East Broadway

Van Horn, Texas 79855

10/12/1999 01/22/2000 O X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, January 22, 2000

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) First Community Bancorp, Rancho Santa Fe, California, to

become a bank holding company by acquiring Rancho Santa Fe

National Bank, Rancho Santa Fe, California, and First

Community Bank of the Desert, Indian Wells, California. *

Newspaper - 02/16/2000

Fed Reg - 02/17/2000

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

LLC, Castle Creek Capital Partners Fund-I, LP, Castle Creek

Capital Partners Fund-IIa, LP, and Castle Creek Capital Partners

Fund-IIb, LP, to acquire up to 35 percent of First Community

Bancorp, all of Rancho Santa Fe, California. *

Newspaper - 02/16/2000

Fed Reg - 02/17/2000

3(a)(3) Wells Fargo & Company, San Francisco, California, to acquire

Napa National Bancorp, Napa, California, and thereby indirectly

acquire their wholly-owned subsidiaries. *

Newspaper - 02/18/2000

Fed Reg - N/Avail

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Wells Fargo & Company, San Francisco, California, to acquire

Ragen MacKenzie Group, Inc., Seattle, Washington, and thereby

engage in section 20 activities.

Fed Reg - 02/07/2000
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

Member Heritage Bank of Commerce, San Jose, California, to 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