Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 40

Week Ending October 4, 2003

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions September 28, 2003 to October 4, 2003

Bank Holding Companies

Citigroup Inc., New York, New York -- to engage in physical commodity trading 

activities on a limited basis as an activity complementary to a financial activity.

- Approved, October 1, 2003 

Board Operations

Budget Objective -- for 2004 and 2005.

- Approved, October 1, 2003 

Regulations And Policies

Regulation D -- final rule implementing the annual adjustment of the low reserve tranche 

and reserve requirement exemption for 2004 and announcing the deposit reporting cutoff 

level beginning September 2004.

- Approved, September 29, 2003 

Enforcement

First Charter Bank, Charlotte, North Carolina -- written agreement with the Federal 

Reserve Bank of Richmond and the Office of the North Carolina Commissioner of Banks.

- Announced, October 3, 2003 

(AC) = Addition or Correction Board - Page 1 of 1
September 28, 2003 to October 4, 2003

BS&R

C&CA

FOMC

RBOPS

IF

OSDM

Banking Supervision and Regulation

Consumer and Community Affairs

Federal Open Market Committee

Reserve Bank Operations and Payment Systems

International Finance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

Bank of Saint Petersburg, Saint Petersburg, Florida -- to establish a branch at 4105 

North Himes Avenue, Tampa.

- Approved, October 2, 2003 

Atlanta

Fifth Third Bank, Indiana, Indianapolis, Indiana -- to establish a branch at 6026 Lima 

Road, Fort Wayne.

- Approved, October 3, 2003 

Cleveland

The First State Bank, Granger, Texas -- to establish a branch at 222 Clark Street, 

Bartlett.

- Approved, September 30, 2003 

Dallas

Irwin Union Bank and Trust Company, Columbus, Indiana -- to establish a branch at 107 

North State Road 135, Greenwood.

- Approved, October 2, 2003 

Chicago

North Shore Community Bank & Trust, Wilmette, Illinois -- to establish a branch at 300 

South Wacker Drive, Chicago.

- Approved, September 29, 2003 

Chicago

Regions Bank, Birmingham, Alabama -- to establish a branch at 4020 Preston Road, 

Plano, Texas.

- Approved, September 29, 2003 

Atlanta

Regions Bank, Birmingham, Alabama -- to establish a branch at 6029 Luther Lane, 

Dallas, Texas.

- Approved, October 2, 2003 

Atlanta

(AC) = Addition or Correction Delegated - Page 1 of 7
H.2 Actions under delegated authority September 28, 2003 to October 4, 2003

Bank Branches, Domestic

Royal American Bank, Inverness, Illinois -- to retain a branch at 1730 Park Street, 

Naperville.

- Approved, October 2, 2003 

Chicago

Sky Bank, Salineville, Ohio -- to establish a branch at 215 Three Springs Drive, Weirton, 

West Virginia.

- Approved, October 1, 2003 

Cleveland

Southern Bank of Commerce, Paragould, Arkansas -- to establish a branch at 1000 

North Main, Leachville.

- Approved, October 3, 2003 

St. Louis

SouthTrust Bank, Birmingham, Alabama -- to establish a branch at 700 South Federal 

Highway, Suite 100, Boca Raton, Florida.

- Approved, October 1, 2003 

Atlanta

Bank Holding Companies

Carlinville National Bank Shares, Inc., Carlinville, Illinois -- to acquire Cornerstone Bank 

& Trust, National Association, Carrollton.

- Approved, September 30, 2003 

St. Louis

Mercantile Bancorp, Inc., Quincy, Illinois -- to acquire shares of NorthStar Bancshares, 

Inc., Kansas City, Missouri, and thereby acquire NorthStar Bank, National Association.

- Approved, October 2, 2003 

St. Louis

(AC) = Addition or Correction Delegated - Page 2 of 7
H.2 Actions under delegated authority September 28, 2003 to October 4, 2003

Bank Holding Companies

Munchener Ruckversicherungs-Gesell Schaft Aktiengesellschaft in Munchen, Munich, 

Germany -- to acquire shares of Hypo Real Estate Holding AG and thereby engage in 

nonbanking activities through its subsidiary, Hypo Real Estate Capital Corporation, 

Wilmington, Delaware.

- Approved, September 29, 2003 

New York

MVB Financial Corp., Fairmont, West Virginia -- to become a bank holding company 

through the acquisition of The Monongahela Valley Bank, Inc.

- Approved, October 2, 2003 

Richmond

Sky Financial Group, Inc., Bowling Green, Ohio -- to acquire GLB Bancorp, Inc., 

Mentor.

- Approved, October 3, 2003 

Cleveland

Tomah Bancshares, Inc., Tomah, Wisconsin -- to become a bank holding company 

through the acquisition of Wabeno Bancorporation, Inc., Venice, Florida, and its 

subsidiary, Timberwood Bank, Wabeno, Wisconsin.

- Approved, October 3, 2003 

Minneapolis

Trustcompany Bancorp, Jersey City, New Jersey -- to become a bank holding company 

with respect to The Trust Company of New Jersey.

- Approved, October 1, 2003 

New York

Bank Mergers

The Farmers & Merchants Bank, Stuttgart, Arkansas -- to purchase the assets and 

assume the liabilities of the Des Arc branch of Union Planters Bank, National Association, 

Memphis, Tennessee, and thereby establish a branch.

- Approved, October 1, 2003 

St. Louis

(AC) = Addition or Correction Delegated - Page 3 of 7
H.2 Actions under delegated authority September 28, 2003 to October 4, 2003

Bank Mergers

Fifth Third Bank, Grand Rapids, Michigan -- to acquire through merger as part of an 

internal reorganization Fifth Third Bank, Northern Kentucky, Covington, Kentucky; Fifth 

Third Bank, Kentucky, Louisville; Fifth Third Bank, Florida, Naples, Florida; and Fifth 

Third Bank, Indiana, Indianapolis, Indiana, and to establish branches.

- Approved, October 3, 2003 

Cleveland

Lafayette Ambassador Bank, Easton, Pennsylvania -- to acquire the Easton and 

Bethlehem branches of Premier Bank, Doylestown.

- Approved, October 3, 2003 

Philadelphia

Change In Bank Control

Headquarters Holding Company, Ava, Illinois -- change in bank control.

- Permitted, October 2, 2003 

St. Louis

International Bancshares of Oklahoma, Inc., Yukon, Oklahoma -- change in bank control.

- Permitted, October 3, 2003 

Kansas City

MSB Bankshares, Inc., Iron River, Michigan -- to retain control of MSB Bankshares, 

Inc. and The Miners State Bank.

- Permitted, September 29, 2003 

Minneapolis

Competitive Factors Reports

First Community Bank & Trust, Bargersville, Indiana -- report on competitive factors of 

the proposed purchase of two Indianapolis branches of MainSource Bank, Greensburg.

- Submitted, September 29, 2003 

Chicago

(AC) = Addition or Correction Delegated - Page 4 of 7
H.2 Actions under delegated authority September 28, 2003 to October 4, 2003

Competitive Factors Reports

First National Bank of Omaha, Omaha, Nebraska -- report on competitive factors of the 

proposed purchase of certain assets and assumption of certain liabilities of Direct 

Merchants Credit Card Bank, National Association, Scottsdale, Arizona.

- Submitted, September 29, 2003 

Kansas City

Millington Savings Bank, Millington, New Jersey -- report on competitive factors of the 

proposed merger with Millington Interim Converting Bank and Millington Interim Savings 

Bank in connection with a reorganization from a state mutual savings bank to a federal 

mutual holding company.

- Submitted, October 1, 2003 

New York

Mission National Bank, San Francisco, California -- report on competitive factors of the 

proposed purchase of certain assets and assumption of certain liabilities of Pan American 

Bank, FSB, Burlingame.

- Submitted, October 3, 2003 

San Francisco

Sun National Bank, Vineland, New Jersey -- report on competitive factors of the 

proposed purchase of certain assets and assumption of certain liabilities of eight New 

Jersey branches of New York Community Bank, Westbury, New York.

- Submitted, October 2, 2003 

Philadelphia

United Co-Operative Bank, West Springfield, Massachusetts -- report on competitive 

factors of the proposed merger with United Federal Interim Savings Bank and United 

Federal MHC Interim Savings Bank.

- Submitted, September 29, 2003 

Boston

Yardville National Bank, Yardville, New Jersey -- report on competitive factors of the 

proposed purchase of certain assets and assumption of certain liabilities of the 

Lawrenceville branch of First Savings Bank, Woodbridge.

- Submitted, October 2, 2003 

Philadelphia

(AC) = Addition or Correction Delegated - Page 5 of 7
H.2 Actions under delegated authority September 28, 2003 to October 4, 2003

Extensions Of Time

Charter One Bank, National Association, Cleveland, Ohio -- extension of time to divest 

certain impermissible investments.

- Granted, October 1, 2003 

Cleveland

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

Ltd.; and Elran (D.D.) Holdings Ltd. -- extension to December 13, 2003, to become 

bank holding companies through the acquisition of control of Signature Bank, New York, 

New York, and to engage in certain nonbanking activities.

- Granted, October 1, 2003 

New York

F.N.B. Corporation, Naples, Florida -- extension to January 11, 2004, to acquire shares 

of Sun Bancorp, Inc., Lewisburg, Pennsylvania, and Sun Bank.

- Granted, September 30, 2003 

Atlanta

Harris Trust and Savings Bank, Chicago, Illinois -- extension to October 10, 2004, to 

establish a branch at 4801 West North Avenue.

- Granted, September 30, 2003 

Chicago

Harris Trust and Savings Bank, Chicago, Illinois -- extension to February 5, 2005, to 

establish a branch at 3601 North Halsted Avenue.

- Granted, October 3, 2003 

Chicago

International Operations

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

period for J.P. Morgan International Finance Ltd., Wilmington, Delaware, to make an 

investment in a newly formed special-purpose subsidiary; and modification of the 

aggregate investment limit of Regulation K.

- Granted, September 30, 2003 

Director, BS&R

(AC) = Addition or Correction Delegated - Page 6 of 7
H.2 Actions under delegated authority September 28, 2003 to October 4, 2003

Membership

First Bank of Delaware, Wilmington, Delaware -- request to waive the six-month notice 

of withdrawal from membership in the Federal Reserve System.

- Granted, September 30, 2003 

Philadelphia

(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, October 4, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, October 4, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, October 4, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, October 4, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch 18C & 

Branch

Application by Fifth Third Bank, Indiana, Indianapolis, IN, to 

establish a branch at 6131 Rothman Road, Fort Wayne, IN, 

Application by Sky Bank, Salineville, Ohio, for permission to 

merge Sky Bank with and into Great Lakes, Mentor, Ohio, 

concurrent with, Great Lakes Bank seeking FRS membership, 

changing its name to Sky Bank and moving its headquarters to 

Salineville, Ohio.

Newspaper - 10/04/2003

Newspaper - N/Avail

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

Type Application

Ending date of

comment period

3A1 Application by PSB Holdings, Inc., New Matamoras, Ohio, 

proposes to become a bank holding company through the 

acquisition of The Peoples Savings Bank, New Matamoras, 

Ohio.

Newspaper - N/Avail 

Fed Reg - N/Avail

3A1 Application by Town Square Financial Corporation, Ashland, 

KY, to acquire Town Square Bank, Inc., Ashland, KY.

Newspaper - N/Avail 

Fed Reg - N/Avail

3A3 Application by S&T Bancorp, Inc., Indiana, PA, to acquire up to 

9.9% of the outstanding voting shares of IBT Bancorp, Inc., 

Irwin, PA.

Newspaper - 10/24/2003 

Fed Reg - N/Avail

3A5 Application by PNC Financial Services Group, Inc., Pittsburgh, 

PA to acquire United National Bancorp, Bridgewater, NJ and its 

subsidiary bank, United Trust Bank, Bridgewater, NJ.

Newspaper - 10/16/2003 

Fed Reg - 10/17/2003

3A5 Application by First Commonwealth Financial Corporation, 

Indiana, PA, to acquire Pittsburgh Financial Corp., and its 

subsidiary, Pittsburgh Savings Bank, both of Wexford, PA.

Newspaper - N/Avail 

Fed Reg - N/Avail

4c8 Application by Colonial Banc Corp., Eaton, OH, to acquire The 

Oculina Bank, Fort Pierce, FL.

Newspaper - N/Avail 

Fed Reg - 10/17/2003
Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

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 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, October 4, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Bank of the James, Lynchburg, Virginia, to establish a branch at 

Route 221 and Cloverhill Boulevard, Forest, Virginia.*

Newspaper – 10/23/2003

*Subject to the provisions of the Community Reinvestment Act.

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, October 4, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

located at 5202 Cottage Hill Road, Mobile, Alabama.*

Newspaper-10/08/2003

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

located at Rattlesnake Hammock Road and C.R. 951, Naples, 

Florida, to be known as the Rattlesnake Hammock Office.*

Newspaper-10/08/2003

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

located at 700 South Federal Highway, Suite 100, Boca Raton, 

Florida, to be known as the East Boca Office.*

Newspaper-09/25/2003

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

located at 2989 PGA Boulevard, Palm Beach Gardens, Florida, 

to be known as the PGA Office.*

Newspaper-10/10/2003

*Subject to provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(1) Community Bank of Georgia, Inc., Baxley, Georgia, to become 

a bank holding company by acquiring Community Bank of 

Georgia, Baxley, Georgia (in organization).*

Newspaper-10/27/2003

Fed Reg-10/30/2003

3(a)(1) Floridian Community Holdings, Inc., to become a bank holding 

company by acquiring 100 percent of Floridian Community 

Bank, Inc., both of Davie, Florida.*

Newspaper-10/29/2003

Fed Reg-10/23/2003

*Subject to provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

3(a)(1) Community Trust, Inc., Ashland City, Tennessee, notice to 

become a bank holding company by acquiring Community Bank 

& Trust Company of Cheatham County, Ashland City, 

Tennessee.

COM First Alliance Bank, Jacksonville, Florida, waiver request.

COM Southern Community Bancorp, Orlando, Florida, commitment 

waiver request.

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, October 4, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18C & Branches First Midwest Bank, Itasca, Illinois, to merge with CoVest Banc, 

National Association, Des Plaines, Illinois, and thereby to 

establish branches at 749 Lee Street, Des Plaines, Illinois, 2601 

West Schaumburg, Schaumburg, Illinois, and 770 West Dundee 

Road, Arlington Heights, Illinois.*

Newspaper – N/Avail

Branch Royal American Bank, Inverness, Illinois, to retain their branch 

facility located at 1730 Park Street, Naperville, Illinois.*

Newspaper – 09/17/2003

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(3) & 5D3 First Midwest Bancorp, Inc., Itasca, Illinois, to acquire 100 

percent of CoVest Bancshares, Inc., Des Plaines, Illinois, and 

thereby indirectly acquire CoVest Banc, National Association, 

Des Plaines, Illinois, and by First Midwest Bank, Itasca, Illinois, 

to retain the deposits of CoVest Banc, National Association, Des 

Plaines, Illinois under applicable SAIF coverage.*

Fed Reg – 10/27/2003

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

474946 First Bank & Trust Co.

121 Idaho Street

P.O. Box 506

Glidden, Iowa 51443-0506

(712) 659-3611

06/02/2003 10/01/2003 S X

546544 Central Bank

600 Lake Avenue

Storm Lake, Iowa 50588

(712) 732-2190

04/07/2003 10/01/2003 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, October 4, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

5D3 & Branch Arvest Bank, Fayetteville, Arkansas, to merge with Superior 

Bank, F.S.B., Fort Smith, Arkansas, and to retain the acquired 

facilities as branch offices. (Previously submitted during the 

week ending September 27, 2003.)*

Newspaper – 10/22/2003

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3A1 Citizens Bancshares of Sparta, Inc., Sparta, Missouri, to become

a bank holding company by acquiring 100 percent of The 

Citizens Bank of Sparta, Sparta, Missouri. (Previously submitted 

during the week ending September 27, 2003.)*

Newspaper – 11/09/2003

Fed Reg – 10/30/2003

3A1 Partners Financial Holdings, Inc., Glen Carbon, Illinois, to 

become a bank holding company by acquiring 100 percent of 

Partners Bank, Glen Carbon, Illinois.

Newspaper – 10/21/2003

Fed Reg – 11/03/2003

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, October 4, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Retroactive request by American Bank of Montana, Bozeman, 

Montana, to retain a branch facility at 140 Baker, Whitefish, 

Montana.*

Newspaper – 10/06/2003

*Subject to the provisions of the Community Reinvestment Act.

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

Type Application

Ending date of

comment period

CIC Notice by Brian Dean Wolff, Adams, Minnesota, a new member 

of a group acting in concert, to gain control of Adams 

Bancshares, Inc., Adams, Minnesota, and thereby indirectly gain 

control of Farmers State Bank of Adams, Adams, Minnesota.

Fed Reg- N/Avail

Newspaper – N/Avail

CIC Change in control notice by Robert M. Weiss, Shorewood, 

Minnesota, to acquire control of Excelsior Financial Services, 

Inc., Shorewood, Minnesota, and thereby indirectly acquire 

control of Beacon Bank, Shorewood, Minnesota.

Fed Reg- 10/15/2003

Newspaper – N/Avail

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, October 4, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch The Bank of Durango, Durango, Colorado, to establish a mobile 

branch to service the location at 125 Sawyer Drive, Durango, 

Colorado.

Newspaper - 10/05/2003

Branch F&M Bank & Trust Company, Tulsa, Oklahoma, to establish a 

branch at 3811 Turtle Creek Blvd, Suite 150, Dallas, Texas.

Newspaper - 10/06/2003

Branch Guarantee State Bank, Lawton, Oklahoma, to establish a branch 

at 1039 NW 63rd Street, Oklahoma City, Oklahoma.

Newspaper - 10/17/2003

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

Type Application

Ending date of

comment period

CIC Notice by Gregg Stephen Ward and Susan Annette Ward, 

both of Leedey, Oklahoma, to acquire control of Camargo 

Financial Company, Inc., parent of First State Bank, both 

in Camargo, Oklahoma.

Newspaper - N/Avail

Fed Reg - 10/14/2003

CIC Notice by James C. Lewien, Centennial, Colorado, as cotrustee of the Kenneth J. Freund Irrevocable Trust #2, to 

retain control of Commerce Bankshares, Inc., Aurora, 

Colorado, parent of Commerce Bank, Aurora, Colorado. 

Newspaper - 10/17/2003

Fed Reg - 10/17/2003

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None
Section IV – Applications not subject to Fe deral 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

871358 Bank of Holyrood

100 Main Street

Holyrood, Kansas 67450

07/28/2003 10/01/2003 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, October 4, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch PNB Financial Bank, Lubbock, TX, to establish a mobile 

messenger service for depositors of its proposed branch at 6000 

Western Place, Fort Worth, TX 76107* 

Newspaper – 10/13/2003

Branch TexasBank, Weatherford, TX, to establish a branch at 102 North 

Main Street, Weatherford, TX 76086*

Newspaper – 10/10/2003

*Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(1) NewFirst Financial Group, Inc., El Campo, TX, and NewFirst 

Financial Company, Inc., Dover, DE, to acquire NewFirst 

National Bank, El Campo, TX*

Fed Reg – 11/03/2003

Newspaper – N/Avail

3(a)(1) NewFirst Financial Company, Inc., Dover, DE, to acquire 

NewFirst National Bank, El Campo, TX*

Fed Reg – 11/03/2003

Newspaper – N/Avail

*Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, October 4, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(5) Humboldt Bancorp, Roseville, California, to merge with 

California Independent Bancorp, Yuba City, California, and 

thereby indirectly acquire Feather River State Bank, Yuba City, 

California.*

Newspaper – 10/19/2003

Fed Reg – 10/23/2003

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

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