Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 38

Week Ending September 18, 1999

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions September 12, 1999 to September 18, 1999

Forms

Bank Holding Company Report of Subsidiary Banks' Section 23A Transactions with 

Affiliates (FR Y-8) -- extension with revision.

- Proposed, September 15, 1999 

General Accounting Office

General Accounting Office -- response to draft GAO report entitled "Federal 

Reserve Approval of Large Bank Mergers: Guidelines Are Needed for the 

Community Reinvestment Act Review."

- Approved, September 10, 1999 (AC)

General Accounting Office -- Response to draft GAO report entitled "Large Bank 

Mergers: Fair Lending Review Could Be Enhanced With Better Coordination."

- Approved, September 16, 1999 

(AC) = Addition or Correction Board - Page 1 of 1
September 12, 1999 to September 18, 1999

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

Allfirst Bank, Baltimore, Maryland -- to establish a branch at 1025 Herndon 

Parkway, Herndon, Virginia.

- Approved, September 15, 1999 

Secretary

The Chase Manhattan Bank, New York, New York -- to establish a branch at 2 

Court Street, Binghamton.

- Approved, September 14, 1999 

New York

FCNB Bank, Frederick, Maryland -- to establish a branch in the Homewood 

Retirement Center at 7407 Willow Road.

- Approved, September 16, 1999 

Richmond

Lincoln Security Bank, Newport, Oregon -- to establish a branch at 120 NW Spring 

Street, Walport.

- Approved, September 16, 1999 

San Francisco

Metro-County Bank of Virginia, Inc., Mechanicsville, Virginia -- to establish a 

branch at 6401 Horsepen Road, Richmond.

- Approved, September 15, 1999 

Richmond

Premier Bank, Doylestown, Pennsylvania -- to establish a branch at 1401 Easton 

Avenue, Bethlehem.

- Approved, September 14, 1999 

Philadelphia

Provident Bank of Florida, Sarasota, Florida -- to establish a branch at 3275 

University Parkway.

- Approved, September 15, 1999 

Atlanta

(AC) = Addition or Correction Delegated - Page 1 of 6
H.2 Actions under delegated authority September 12, 1999 to September 18, 1999

Bank Branches, Domestic

Summit Bank, Hackensack, New Jersey -- to establish a branch at 360 Martin Luther 

King Drive, Jersey City.

- Approved, September 14, 1999 

New York

Bank Holding Companies

Buckeye Bancshares, Inc., Lorain, Ohio -- to acquire Buckeye Community Bank, and 

for Buckeye Community Bank to become a member of the Federal Reserve System.

- Approved, September 13, 1999 

Cleveland

Central of Kansas, Inc., Junction City, Kansas -- to acquire FSB, Inc., Superior, 

Nebraska, and thereby acquire Farmers State Bank and Trust Company, Superior, 

and Farmers State Bank, Mankato, Kansas.

- Approved, September 13, 1999 

Kansas City

Community National Bancorporation, Ashburn, Georgia -- to acquire Cumberland 

National Bank, St. Marys, a de novo bank.

- Approved, September 16, 1999 

Atlanta

Fifth Third Bancorp, Cincinnati, Ohio -- to acquire CNB Bancshares, Inc., 

Evansville, Indiana and its bank and nonbank subsidiaries.

- Approved, September 14, 1999 

Cleveland

Firstar Corporation, Milwaukee, Wisconsin -- modification of a commitment.

- Approved, September 16, 1999 

Director, BS&R

FLAG Financial Corporation, LaGrange, Georgia -- to merge with Hogansville 

Bankshares, Inc., Hogansville, and thereby acquire The Citizens Bank.

- Approved, September 14, 1999 

Atlanta

(AC) = Addition or Correction Delegated - Page 2 of 6
H.2 Actions under delegated authority September 12, 1999 to September 18, 1999

Bank Holding Companies

Harbor Bancorp, Inc., Aberdeen, Washington -- to merge with Pacific Financial 

Corporation, Long Beach, and thereby acquire Bank of the Pacific.

- Approved, September 15, 1999 

San Francisco

Norway Bancorp, M.H.C., Norway, Maine, and Norway Bancorp, Inc. -- to become 

a mutual bank holding company and a stock bank holding company, respectively, 

through the reorganization of Norway Savings Bank; and to acquire an interest in 

Financial Institutions Service Corporation, Lewiston.

- Approved, September 17, 1999 

Boston

Old Mission Bancorp, Inc., Sault Ste. Marie, Michigan -- to become a bank holding 

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

- Approved, September 15, 1999 

Minneapolis

Olney Bancshares of Texas, Inc., Olney, Texas -- requests for waivers in connection 

with the acquisition by merger of Follett National Bank, Follett, by Olney's subsidiary 

bank, First State Bank of Canadian, N.A., Canadian.

- Approved, September 17, 1999 

Dallas

Premier Bancshares, Inc., Atlanta, Georgia -- to acquire Farmers & Merchants Bank, 

Summerville.

- Approved, September 13, 1999 

Atlanta

Southern Financial Bancorp, Inc., Warrenton, Virginia -- to acquire The Horizon 

Bank of Virginia, Vienna; and for the bank to merge with Southern Financial Bank, 

Warrenton.

- Approved, September 15, 1999 

Richmond

Village Bancorp, St. George, Utah -- to become a bank holding company by 

acquiring The Village Bank.

- Approved, September 1, 1999 (AC)

San Francisco

(AC) = Addition or Correction Delegated - Page 3 of 6
H.2 Actions under delegated authority September 12, 1999 to September 18, 1999

Bank Mergers

Fifth Third Bank, Indiana, Indianapolis, Indiana -- to acquire Civitas Bank, St. 

Joseph, Michigan.

- Approved, September 14, 1999 

Cleveland

Fifth Third Bank, Kentucky, Inc., Louisville, Kentucky -- to acquire four Louisville 

branches of Civitas Bank, St. Joseph, Michigan.

- Approved, September 14, 1999 

Cleveland

The Ohio Bank, Findlay, Ohio -- to acquire the Kenton branch of National City 

Bank, Cleveland.

- Approved, September 15, 1999 

Cleveland

Sky Bank, Salineville, Ohio -- to acquire the Wellsville branch of National City Bank, 

Cleveland.

- Approved, September 15, 1999 

Cleveland

Banks, Nonmember, And Miscellaneous Institutions

Boise Telco Federal Credit Union, Boise, Idaho -- deregistration under Regulation U.

- Approved, September 15, 1999 

San Francisco

C-Cube Microsystems, Inc., Milpitas, California -- deregistration under Regulation U.

- Approved, September 15, 1999 

San Francisco

Standard Insurance Company, Portland, Oregon -- deregistration under Regulation U.

- Approved, September 15, 1999 

San Francisco

(AC) = Addition or Correction Delegated - Page 4 of 6
H.2 Actions under delegated authority September 12, 1999 to September 18, 1999

Banks, State Member

Citizens Bank & Trust Company, Okmulgee, Oklahoma -- to purchase certain assets 

and assume certain liabilities of three Muskogee, Oklahoma, branches of Bank of 

Oklahoma, N.A., Tulsa.

- Approved, September 14, 1999 

Kansas City

Competitive Factors Reports

Americana Community Bank, Sleepy Eye, Minnesota -- report on competitive 

factors of the proposed purchase of certain assets and assumption of deposit 

liabilities of the Sleepy Eye branch of Bank Windsor, Nerstrand.

- Submitted, September 15, 1999 

Minneapolis

First National Bank of Ottawa, Ottawa, Illinois -- report on competitive factors of 

the proposed merger with Ottawa Interim Bank, National Association.

- Submitted, September 16, 1999 

Chicago

First State Bank, Norton, Kansas -- report on competitive factors of the proposed 

merger with Consolidated State Bank, Hill City.

- Submitted, September 15, 1999 

Kansas City

Nevada State Bank, Las Vegas, Nevada -- report on competitive factors of the 

proposed merger with Pioneer Citizens Bank of Nevada, Reno.

- Submitted, September 16, 1999 

Secretary

Provident Community Bank, Union, South Carolina -- report on competitive factors 

of the proposed merger with Community Federal Savings Bank, Winnsboro.

- Submitted, September 14, 1999 

Richmond

(AC) = Addition or Correction Delegated - Page 5 of 6
H.2 Actions under delegated authority September 12, 1999 to September 18, 1999

Competitive Factors Reports

Virgin Islands Community Bank, Christiansted, Virgin Islands -- report on 

competitive factors of the proposed purchase of certain assets and assumption of 

certain liabilities of seven Virgin Islands branches of The Chase Manhattan Bank, 

New York, New York.

- Submitted, September 13, 1999 

Secretary

Extensions Of Time

Bay View Capital Corporation, San Mateo, California -- extension to December 17, 

1999, to acquire Franchise Mortgage Acceptance Company, Los Angeles.

- Granted, September 15, 1999 

San Francisco

Bryan Family Management Trust, Bryan, Texas, and Bryan Heritage Limited 

Partnership -- extension to December 10, 1999, to acquire The First National Bank 

of Bryan.

- Granted, September 15, 1999 

Dallas

Owatonna Bancshares, Inc., Owatonna, Minnesota -- extension to December 16, 

1999, for redemption of stock.

- Granted, September 13, 1999 

Minneapolis

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

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, September 18, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Section 9 Merrill Merchants Bank, Bangor, Maine - notification to open

two new convenience store branches in Orrington and Milford,

Maine

Newspaper - 09/29/1999

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

Type Application

Ending date of

comment period

Change in Control Cape Cod Five Cents Savings Bank, Orleans, Massachusetts -

notification to acquire up to 24% of the outstanding common

shares of Falmouth Bancorp, Falmouth, Massachusetts

Newspaper - N/Avail

Fed Reg - N/Avail

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Boston Private Financial Holdings, Boston, Masschusetts -

application to acquire 100% of the voting shares of Rinet

Company, Inc., Boston, Massachusetts*

Fed Reg - 10/05/1999

*This was previously identified on the August 28, 1999 H2bos. Comment period ending date has been

extended.

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 Third Quarter of 1999

Institution Location

None
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, September 18, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

FBSEA Moscow Narodny Bank, London, England, to establish a

representative office in New York, New York.

Newspaper – N/Avail

FBSEA PT Bank Mandiri (Persero), Jakarta, Indonesia, to establish a

representative office in New York, New York.

Newspaper – N/Avail

Branch Chase Manhattan Bank, New York, New York, to establish a

branch office located at Centerpointe Corporate Park, 325 Essjay

Road, Williamsville, New York.*

Newspaper – 10/14/1999

Branch Manufacturers and Traders Trust Company, Buffalo, New York,

to establish a branch office located at 3208 Latta Road, Town of

Greece, New York.*

Newspaper – 10/21/1999

* 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

4(c)(8) Canadian Imperial Bank of Commerce, Toronto, Canada, to

invest through its wholly-owned subsidiary, CIBC World

Markets Corp., in Identrus, LLC, New York, New York (aka

Global Trust Organization), and engage de novo in digital

certification, and data processing and data transmission

activities.

Fed Reg – 09/30/1999
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

3(a)(1) Exp. TLNB Financial Corp., Tupper Lake, New York, to form a onebank holding company with respect to The Tupper Lake

National Bank, also of Tupper Lake, New York.

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, September 18, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Premier Bank, Doylestown, PA, to establish a branch office at

The General Hancock Shopping Center, Horsham, and Upper

State Roads, Montgomeryville, Montgomery County, PA

10/14/1999

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

674513 Lebanon Valley Bank, Lebanon, PA 3/8/1999 8/3/1999 S X

1191398 Prime Bank, Fort Washington, PA 11/30/1998 8/9/1999 O X

151818 Community Bank & Trust, Forest

City, PA

3/22/1999 8/26/1999 O X

Section VI – CRA examinations scheduled for First Quarter of 1999

Institution Location

Orrstwon Bank

Lafayette Ambassador Bank

Premier Bank

Orrstown, PA

Easton, PA

Doylestown

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 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, September 18, 1999

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 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, September 18, 1999

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) Regal Bancorp, Inc., Owings Mills, Maryland, to become a

bank holding company through the acquisition of 100% of the

voting shares of Regal Bank and & Trust, Owings Mills,

Maryland, (the proposed successor to Regal Savings Bank,

F.S.B., Owings Mills, Maryland).*

Fed Reg – N/Avail

Newspaper – N/Avail

*Subject to the provisions of the Community Reinvestment Act.

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

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, September 18, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

located at 7393 Southland Boulevard, Orlando, Florida.

09/24/1999*

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

located at 10904 N. 56th Street, Tampa, Florida.

09/24/1999*

18(c) SunTrust Bank, Atlanta, Georgia, to merge with the following:

1) Crestar Bank, Richmond, Virginia; 2) SunTrust Bank,

Alabama, N.A., Florence, Alabama; 3) SunTrust Bank, Augusta,

N.A., Augusta, Georgia; 4) SunTrust Bank, Central Florida,

N.A., Orlando, Florida; 5) SunTrust Bank, Chattanooga, N.A.,

Chattanooga, Tennessee; 6) SunTrust, East Central Florida,

Daytona Beach, Florida; 7) SunTrust Bank, East Tennessee,

N.A., Knoxville, Tennessee; 8) SunTrust Bank, Gulf Coast,

Sarasota, Florida; 9) SunTrust Bank, Miami, N.A., Miami,

Florida; 10) SunTrust Bank, Mid-Florida, N.A., Winter Haven,

Florida; 11) SunTrust Bank, Middle Georgia, N.A., Macon,

Georgia; 12) SunTrust Bank, Nashville, N.A., Nashville,

Tennessee; 13) SunTrust Bank, Nature Coast, Brooksville,

Florida; 14) SunTrust Bank, North Central Florida, Ocala,

Florida; 15) SunTrust Bank, North Florida, N.A., Jacksonville,

Florida; 16) SunTrust Bank, Northeast Georgia, N.A., Athens,

Georgia; 17) SunTrust Bank, Northwest Florida, Tallahassee,

Florida; 18) SunTrust Bank, Northwest Georgia, N.A., Rome,

Georgia; 19) SunTrust Bank, Savannah, N.A., Savannah,

Georgia; 20)SunTrust Bank, South Central Tennessee, N.A.,

Pulaski, Tennessee; 21) SunTrust Bank, South Florida, N.A.,

Fort Lauderdale, Florida; 22) SunTrust Bank, South Georgia,

N.A., Albany, Georgia; 23) SunTrust Bank, Southeast Georgia,

N.A., Brunswick, Georgia; 24) SunTrust Bank, Southwest

Florida, Fort Myers, Florida; 25) SunTrust Bank, Tampa, Bay,

Tampa, Florida; and 26) SunTrust Bank, West Georgia, N.A.,

Columbus, Georgia.

10/15/1999*

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

6515 Sugarloaf Parkway, Duluth, Georgia.

09/22/1999*

*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)(3) Charter Banking Corporation, Tampa, Florida, to acquire

Columbia Bank, Tampa, Florida.

N/Avail*

3(a)(1) Interim First Capital Corporation, Norcross, Georgia (to be

known as First Capital Bancorp, Inc.), to become a bank holding

company by acquiring First Capital Bank, Norcross, Georgia.

N/Avail*

*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

Member Village Banc of Naples, Naples, Florida, to become a member of

the Federal Reserve System.

COM First Capital Bancorp, Inc., Norcross, Georgia, commitment

waiver request.

Member Bank of Murfreesboro, Murfreesboro, Tennessee, to become a

member of the Federal Reserve System.

Stock Redemption Jamestown Union Bancshares, Inc., Jamestown, Tennessee,

prior notification to redeem up to 18,185 shares of its

outstanding 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

2353698 1

st Bank & Trust of Tennessee

Post Office Box 3080

Johnson City, Tennessee 37602

(423) 975-9900

06/01/1999 09/13/1999 S S

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, September 18, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Hedrick Savings Bank

Hedrick, Iowa

 216 South Market Street

 Ottumwa, Iowa

Newspaper – 09/27/1999

Branch Irwin Union Bank & Trust Company

Columbus, Indiana

 300 North Meridian Street

 Indianapolis, Indiana

Newspaper – 09/27/1999

Branch Warren Bank

Warren, Michigan

 29437 Ryan Road

 Warren, Michigan

Newspaper – 08/27/1999

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

Type Application

Ending date of

comment period

3(a)(3) Commercial Financial Corp.*

Storm Lake, Iowa

 Lakes Bancorporation, Inc.

 Storm Lake, Iowa

 First Security Banshares, Inc.

 Lake Park, Iowa

 Security State Bank

 Lake Park, Iowa

 Security State Bank

 Milford, Iowa

Fed Reg – 10/08/1999

Newspaper – N/Avail

3(a)(1) Lakes Bancorporation, Inc.*

Storm Lake, Iowa

 First Security Banshares, Inc.

 Lake Park, Iowa

 Security State Bank

 Lake Park, Iowa

 Security State Bank

 Milford, Iowa

Fed Reg – 10/08/1999

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

Type Application

Ending date of

comment period

3(a)(3) Backlund-White, Inc.*

Peoria, Illinois

 Hopedale Investment Company

 Peoria, Illinois

Fed Reg – 10/12/1999

Newspaper – 10/06/1999

3(a)(3) Backlund-White, Inc.*

Peoria, Illinois

 Backlund Scott Company

 Peoria, Illinois

Fed Reg – 10/12/1999

Newspaper – 10/06/1999

3(a)(3) Backlund-White, Inc.*

Peoria, Illinois

 Backlund Investment Company

 Peoria, Illinois

Fed Reg – 10/12/1999

Newspaper – 10/06/1999

3(a)(3) Backlund Scott Company*

Peoria, Illinois

 Hopedale Investment Company

 Peoria, Illinois

Fed Reg – 10/12/1999

Newspaper – 10/06/1999

3(a)(3) Backlund Investment Company*

Peoria, Illinois

 Hopedale Investment Company

 Peoria, Illinois

Fed Reg – 10/12/1999

Newspaper – 10/06/1999

3(a)(3) Bartonville Investment Company*

Peoria, Illinois

 Hopedale Investment Company

 Peoria, Illinois

Fed Reg – 10/12/1999

Newspaper – 10/06/1999

3(a)(3) Farmers & Merchants Bancshares, Inc.*

Burlington, Iowa

 Farmers and Merchants Bank and Trust (in organization)

 Mount Pleasant, Iowa

Fed Reg – N/Avail

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Iowa State Bank Holding Company

Des Moines, Iowa

 To engage de novo in community development activity

Fed Reg – N/Avail

 4(c)(8) Wintrust Financial Corporation

Lake Forest, Illinois

 Tricom, Inc.

 Milwaukee, Wisconsin

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

2044820 Community Bank of Elmhurst

330 W. Butterfield Road

Elmhurst, Illinois 60126

(630) 782-1234

05/10/1999 09/14/1999 S X

8547 Peoples Bank & Trust

P.O. Box 168

Sunman, Indiana 47041-0168

(812) 623-2237

05/24/1999 09/16/1999 S X

952846 Iowa State Bank

409 Highway 61 South

Wapello, Iowa 52653-0287

(319) 523-5200

06/07/1999 09/16/1999 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, September 18, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(3) Notice by South Central Bancshares of Kentucky, Inc., Horse

Cave, Kentucky, to acquire First Deposit Bancshares, Inc.,

Tompkinsville, Kentucky. A companion Section 4(c)(8) notice

accompanies this notice*

Newspaper – 10/8/1999

Fed Reg – 10/15/1999

4(c)(8) Notice by South Central Bancshares of Kentucky, Inc., Horse

Cave Kentucky, to acquire First Deposit Bancshares, Inc.,

Tompkinsville, Kentucky, and thereby indirectly acquire its

thrift subsidiary, South Central Savings Bank, FSB, Edmonton,

Kentucky, pursuant to Section 225.28(b)(4)(ii) of Regulation Y.

A companion Section 3(a)(3) notice accompanies this notice.*

Newspaper – 10/8/1999

Fed Reg - 10/15/1999

3(a)(1) Notice by Miles Independent Bancorporation, Inc., Advance,

Missouri, to acquire Miles Bancshares, Inc., Advance,

Missouri.*

Newspaper – 10/18/1999

Fed Reg – 10/14/1999

3(a)(3) Notice by Area Bancshares Corporation, Owensboro, Kentucky,

to acquire Dees Bank of Hazel, Hazel, Kentucky; Peoples Bank

of Murray, Kentucky, Murray, Kentucky; Bank of Livingston

County, Tiline, Kentucky; and Lyon Bancorp, Inc., Eddyville,

Kentucky, and its subsidiary bank, Bank of Lyon County,

Eddyville, Kentucky.*

Newspaper – 10/29/1999

Fed Reg- N/Avail.

CIC Notice involving First State Bancorp, Inc., Caruthersville,

Missouri, by Duane S. Michie as trustee for the First State

Bancorp Employee Stock Ownership Plan, Caruthersville,

Missouri.

Newspaper – 10/8/1999

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

None

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

Type Application

4(j)(5)(A) Notice by Mid-Missouri Bancshares, Inc., Springfield, Missouri,

to engage, de novo, through the establishment of a wholly

owned subsidiary, Mid-Missouri Mortgage Co., Springfield,

Missouri, in mortgage lending and servicing activities, pursuant

to Sections 225.28(b)(1) and 225.28(b)(2) of Regulation Y.

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, September 18, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(3) NATCOM Bancshares, Inc., Superior, Wisconsin, to acquire

100% of the voting shares of New National Bank of Commerce

in Superior, Superior, Wisconsin.

Newspaper - 10/13/1999

3(a)(1) National Bank of Commerce in Superior, Superior, Wisconsin,

to become a bank holding company through the acquisition of

100% of the voting shares of New National Bank of Commerce

in Superior, Superior, Wisconsin.

Newspaper - 10/13/1999

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

656153 First Valley Bank

Seeley Lake, Montana

06/07/1999 09/14/1999 S X

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, September 18, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) / Branch Union Colony Bank, Greeley, Colorado, to merge with First

National Bank, Johnstown, Colorado, and incident thereto,

establish an additional branch.

Newspaper – N/Avail

18(c) / Branch Pinnacle Bank, Papillion, Nebraska, to merge with Pinnacle

Bank, Palmer, and Pinnacle Bank, Central City, and incident

thereto, establish additional branches.

Newspaper – N/Avail

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

Type Application

Ending date of

comment period

3(a)(3) / 3(a)(1) Gold Bancorporation, Inc., and Gold Banc Acquisition

Corporation VIII, Inc., both of Leawood, Kansas, to acquire 100

percent of the voting shares of Union Bankshares, Ltd., Denver,

Colorado, and thereby indirectly acquire Union Bank & Trust,

Denver, Colorado.

Newspaper – N/Avail

Fed Reg – 10/12/1999

3(a)(1) North Central Bancorp, Norfolk, Nebraska, to become a bank

holding company through the acquisition of 100 percent of the

voting shares of Bank of Norfolk, Norfolk, Nebraska.

Newspaper – N/Avail

Fed Reg – N/Avail

4(c)(8) North Central Bancorp, Norfolk, Nebraska, to acquire 100

percent of the voting shares of Columbus Financial Corporation,

Columbus, Nebraska, and thereby indirectly acquire Columbus

Federal Savings Bank, Columbus, Nebraska; thereby engaging

in the operation of a thrift.

Newspaper – N/Avail

Fed Reg – N/Avail

3(a)(3) Pinnacle Bancorp, Papillion, Nebraska, to acquire 100 percent of

the voting shares of Park National Bank in Estes Park, Estes

Park, Colorado.

Newspaper –10/08/1999

Fed Reg – 10/04/1999

CIC Samuel M. Saunders, Gillette, Wyoming, to acquire voting

shares of First National Bank of Gillette Holding Company,

Gillette, Wyoming, and thereby indirectly acquire First National

Bank, Gillette, Wyoming.

Newspaper – N/Avail

Fed Reg – 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

Member Payne County Bank, Perkins, Oklahoma, for membership in 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 Fourth Quarter of 1999

Institution Location

Castle Rock Bank Castle Rock, Colorado

First Mountain Bank Leadville, Colorado

The Union State Bank Arkansas City, Kansas

BANKWEST Goodland, Kansas

The Stock Exchange Bank Caldwell Kansas

Union State Bank Clay Center, Kansas

First Option Bank Osawatomie, Kansas

Farmers State Bank Phillipburg, Kansas

Bank of Holden Holden, Kansas

Wahoo State Bank Wahoo, Nebraska

Legacy Bank Binger, Oklahoma

Legacy Bank Blanchard, Oklahoma

Legacy Bank Hinton, Oklahoma

First Security Bank Basin, Wyoming

Bank of Commerce Rawlins, Wyoming

Sundance State Bank Sundance, Wyoming
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, September 18, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Lone Star Bank, Houston, TX, to establish a branch office at

1111 Uptown Boulevard, Houston, TX, 77056*

09/30/1999

*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) Overton Financial Corporation, Overton, TX, and

Overton Delaware Corporation, Dover, DE, to acquire

Longview Financial Corporation, Longview, TX*

(previously reported the week ending September 11, 1999)

Fed Reg – 10/08/1999

Newspaper – 10/04/1999

*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 Notice by First International Bancshares, Inc., Corpus Christi,

TX, to repurchase 971,982 shares of its common stock and

90,428 shares of its preferred 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

973364 Hale County State Bank

201 W 6th

Plainview, Texas 79072-8005

06/07/1999 09/18/1999 S 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, September 18, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Lincoln Security Bank, Newport, Oregon, to establish a branch

office at 120 NW Spring Street, Waldport, Oregon. *

Newspaper – 08/25/1999

Branch Westamerica Bank, San Rafael, California, to establish a branch

office at 1480 First Street, Livermore, California. *

Newspaper – 09/28/1999

18(c) Valencia Bank & Trust, Santa Clarita, California, to merge with

First Valley National Bank, Lancaster, California. *

Newspaper – 10/15/1999

18(c) CalWest Bank, Downey, California, to merge with National

Business Bank, Torrance, California. *

Newspaper – N/Avail

18(c) The Bank of Orange County, Fountain Valley, California, to

merge with Security First Bank, Fullerton, California. *

Newspaper – N/Avail

* 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)(5) First Security Corporation, Salt Lake City, Utah, to merge with

Zions Bancorporation, Salt Lake City, Utah. *

Newspaper – 10/01/1999

Fed Reg – 10/04/1999

* 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

4(c)(8) First Security Corporation, Salt Lake City, Utah, to acquire Cash

Access, Inc.; Zions Insurance Agency, Inc.; Zions Life

Insurance Company; all of Salt Lake City, Utah; and Regency

Investment Advisors, Inc., Fresno, California.

Fed Reg – 10/04/1999
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

Waiver GBC Bancorp, Los Angeles, California, requests a waiver of any

Bank Holding Company Act application requirement in

connection with the proposed acquisition of General Savings

Bank of Washington (In Organization), Bellevue, Washington.

Waiver Humboldt Bancorp, Eureka, California, requests a waiver of any

Bank Holding Company Act application requirement in

connection with the proposed merger of their subsidiary,

Humboldt Bank, Eureka, California, and Capitol Thrift and Loan

Association, Napa, California.

Member CalWest Bank, Downey, 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

155263 Desert Community Bank

12530 Hesperia Road

Victorville, CA 92392

(760) 243-2140

05/17/1999 09/13/1999 S X

660767 American Pacific State Bank

15260 Ventura Boulevard

Sherman Oaks, CA 91403

(818) 382-1500

05/17/1999 09/13/1999 S X
Section VI – CRA examinations scheduled for Quarter of

Institution Location

None