Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 45

Week Ending November 8, 2003

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions November 2, 2003 to November 8, 2003

Enforcement

Bank of Gassaway, Gassaway, West Virginia -- written agreement with the West Virginia 

Division of Banking and the Federal Reserve Bank of Richmond.

- Announced, November 4, 2003 

Gulf Bank, Miami, Florida -- consent order of assessment of a civil money penalty.

- Announced, November 4, 2003 

(AC) = Addition or Correction Board - Page 1 of 1
November 2, 2003 to November 8, 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

AmSouth Bank, Birmingham, Alabama -- to establish a branch at 13455 McCall Road, 

Port Charlotte, Florida.

- Approved, November 5, 2003 

Atlanta

AmSouth Bank, Birmingham, Alabama -- to establish a branch at 50 Blake Boulevard, 

Building D, Celebration, Florida.

- Approved, November 6, 2003 

Atlanta

Byron Center State Bank, Byron Center, Michigan -- to establish a branch at 1963 

Baldwin Street, Jenison.

- Approved, November 7, 2003 

Chicago

Fifth Third Bank, Kentucky, Inc., Louisville, Kentucky -- to establish a branch at 2864 

Charlestown Road, New Albany, Indiana.

- Approved, November 4, 2003 

Cleveland

HSBC Bank USA, Buffalo, New York -- to establish a branch at 1441 Brickell Avenue, 

Miami, Florida.

- Approved, November 7, 2003 

New York

Regions Bank, Birmingham, Alabama -- to establish a branch at 9690 Highway 119, 

Alabaster.

- Approved, November 7, 2003 

Atlanta

SuffolkFirst Bank, Suffolk, Virginia -- to establish a branch at 1000 North Main Street.

- Approved, November 5, 2003 

Richmond

(AC) = Addition or Correction Delegated - Page 1 of 7
H.2 Actions under delegated authority November 2, 2003 to November 8, 2003

Bank Holding Companies

Bank of the James Financial Group Inc., Lynchburg, Virginia -- to become a bank 

holding company through the acquisition of Bank of the James.

- Approved, November 4, 2003 

Richmond

Blanco National Holdings, Inc., Blanco, Texas, and Blanco National Holdings of 

Delaware, Inc., Dover, Delaware -- to become bank holding companies through the 

acquisition of Blanco National Bank, Blanco, Texas.

- Approved, November 6, 2003 

Dallas

Citizens Bancshares of Hutchinson, Inc., Hutchinson, Minnesota -- to acquire a book of 

business and thereby engage in the activities of financial planning and providing investment 

services through Citizens Investment Services, LLC.

- Approved, November 3, 2003 

Minneapolis

ColoEast Bankshares, Inc., Lamar, Colorado -- to acquire First National Bank of 

Tribune, Tribune, Kansas.

- Withdrawn, November 4, 2003 

Kansas City

Community Bank of Georgia, Inc., Baxley, Georgia -- to become a bank holding 

company through the acquisition of Community Bank of Georgia, a de novo bank.

- Approved, November 6, 2003 

Atlanta

Davis Bancorporation, Inc., Davis, Oklahoma -- to acquire, directly and indirectly, voting 

shares in Century Financial, Inc., Kilgore, Texas, and its subsidiary bank, City National 

Bank; and FBC Financial Corporation, Claremore, Oklahoma, and its subsidiary thrift, 

1st Bank Oklahoma.

- Approved, October 29, 2003 (AC)

Kansas City

(AC) = Addition or Correction Delegated - Page 2 of 7
H.2 Actions under delegated authority November 2, 2003 to November 8, 2003

Bank Holding Companies

Farmers Bancorp, Inc., Lynchburg, Tennessee -- to become a bank holding company 

through the acquisition of The Farmers Bank of Lynchburg.

- Withdrawn, November 3, 2003 

Atlanta

First Centralia Bancshares, Inc., Centralia, Kansas -- to acquire, directly and indirectly, 

voting shares in Century Capital Financial, Inc., Kilgore, Texas, and its subsidiary bank, 

City National Bank; and FBC Financial Corporation, Claremore, Oklahoma, and its 

subsidiary thrift, 1st Bank Oklahoma.

- Approved, October 29, 2003 (AC)

Kansas City

Greene County Bancshares, Inc., Greeneville, Tennessee -- to merge with Independent 

Bankshares Corporation, Gallatin, and thereby acquire its subsidiary banks, First 

Independent Bank, Gallatin, and Rutherford Bank & Trust Company, Murfreesboro.

- Approved, November 3, 2003 

Atlanta

Morrill Bancshares, Inc., Merriam, Kansas -- to acquire, directly and indirectly, voting 

shares in Century Capital Financial, Inc., Kilgore, Texas, and its subsidiary bank, City 

National Bank; and FBC Financial Corporation, Claremore, Oklahoma, and its 

subsidiary thrift, 1st Bank Oklahoma.

- Approved, October 29, 2003 (AC)

Kansas City

National Penn Bancshares, Inc., Boyertown, Pennsylvania -- to acquire shares of The 

Pennsylvania State Banking Company, Camp Hill, a de novo holding company.

- Approved, November 7, 2003 

Philadelphia

NewFirst Financial Group, Inc., El Campo, Texas, and NewFirst Financial Company, 

Inc., Dover, Delaware -- to become bank holding companies through the acquisition of 

NewFirst National Bank, El Campo.

- Approved, November 6, 2003 

Dallas

(AC) = Addition or Correction Delegated - Page 3 of 7
H.2 Actions under delegated authority November 2, 2003 to November 8, 2003

Bank Holding Companies

The PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania, and PNC Bancorp, 

Inc., Wilmington, Delaware -- commenter's request for an extension of the comment 

period on the proposed application to acquire United National Bancorp, Bridgewater, 

New Jersey.

- Denied, November 3, 2003 

Secretary

Tradition Bancshares, Inc., Houston, Texas -- to acquire shares of Katy Bank, N.A., 

Katy.

- Approved, November 6, 2003 

Dallas

Bank Mergers

First Midwest Bancorp, Inc., Itasca, Illinois -- to acquire CoVest Bancshares, Inc., Des 

Plaines, and thereby acquire CoVest Banc, National Association; for First Midwest 

Bank, Itasca, to merge with CoVest Banc, National Association, Des Plaines, and 

thereby establish branches at 749 Lee Street; 2601 West Schaumburg Street, 

Schaumburg; and 770 West Dundee Road, Arlington Heights; and for First Midwest 

Bank, Des Plaines, to retain the deposits of CoVest Banc, National Association.

- Approved, November 5, 2003 

Chicago

The Pennsylvania State Banking Company, Camp Hill, Pennsylvania -- to merge with 

Market Street Interim Bank, and to become a bank holding company through the 

acquisition of Pennsylvania State Bank.

- Approved, November 7, 2003 

Philadelphia

Banks, Foreign

HBOS Treasury Services plc, London, United Kingdom -- to establish a branch in New 

York, New York.

- Approved, November 7, 2003 

Director, BS&R

(AC) = Addition or Correction Delegated - Page 4 of 7
H.2 Actions under delegated authority November 2, 2003 to November 8, 2003

Change In Bank Control

Excelsior Financial Services, Inc., Shorewood, Minnesota -- change in bank control.

- Permitted, November 3, 2003 

Minneapolis

First Bankshares of St. Martin, Ltd. Breaux Bridge, Louisiana -- change in bank control.

- Returned, November 6, 2003 

Atlanta

Whitney Corporation of Iowa, Atlantic, Iowa -- to retain control of Whitney Corporation 

of Iowa and thereby acquire First Whitney Bank and Trust.

- Permitted, November 4, 2003 

Chicago

Competitive Factors Reports

Bank of Lovell, National Association, Lovell, Wyoming -- report on competitive factors 

of the proposed merger with Bank of Bridger, Bridger, Montana.

- Submitted, November 3, 2003 

Kansas City

City National Bank, Corsicana, Texas -- report on competitive factors of the proposed 

interim merger with New CNB National Bank.

- Submitted, November 5, 2003 

Dallas

First National Bank of Tribune, Tribune, Kansas -- report on competitive factors of the 

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

Kansas branch of Gold Bank, Hennessey, Oklahoma.

- Submitted, November 4, 2003 

Kansas City

Marine Bank & Trust Company, Vero Beach, Florida -- report on competitive factors of 

the proposal acquisition of shares by the Hazel Group.

- Submitted, November 5, 2003 

Atlanta

(AC) = Addition or Correction Delegated - Page 5 of 7
H.2 Actions under delegated authority November 2, 2003 to November 8, 2003

Competitive Factors Reports

National Penn Bank, Boyertown, Pennsylvania -- report on competitive factors of the 

proposed merger with NPB Interim Bank on its merger with HomeTown Heritage Bank, 

Lancaster.

- Submitted, November 6, 2003 

Philadelphia

New Tribune Bank, N.A., Tribune, Kansas -- report on competitive factors of the 

proposed merger with First National Bank of Tribune.

- Submitted, November 4, 2003 

Kansas City

Peoples Federal Savings Bank of Auburn, Auburn, Indiana -- report on competitive 

factors of the proposed acquisition of the trust accounts of First Federal Savings Bank, 

Huntington.

- Submitted, November 3, 2003 

Chicago

The State National Bank of Big Spring, Big Spring, Texas -- report on competitive 

factors of the proposed merger with First National Bank, O'Donnell.

- Submitted, November 7, 2003 

Dallas

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

factors of the proposed merger with USB Services, Inc., Wilmington, Delaware.

- Submitted, November 6, 2003 

Minneapolis

Extensions Of Time

Compass Bank, Birmingham, Alabama -- extension to November 18, 2004, to establish 

branches at 4115 East Colfax Avenue, Denver, Colorado.

- Granted, November 4, 2003 

Atlanta

(AC) = Addition or Correction Delegated - Page 6 of 7
H.2 Actions under delegated authority November 2, 2003 to November 8, 2003

Extensions Of Time

Farmers Bank, Windsor, Virginia, Windsor, Virginia -- extension to December 6, 2004, 

to establish a branch at the intersection of Godwin Boulevard (Route 10) and Hillpoint 

Boulevard North, Suffolk.

- Granted, November 3, 2003 

Richmond

The Farmers State Bank of Fort Morgan Colorado Employee Stock Ownership Plan, 

Fort Morgan, Colorado -- extension to February 20, 2004, to acquire shares of F.S.B. 

Bancorporation of Fort Morgan and thereby acquire shares of Farmers State Bank.

- Granted, November 3, 2003 

Kansas City

UCB Financial Group, Inc., Atlanta, Georgia -- extension to February 20, 2004, to 

become a bank holding company through the acquisition of United Commercial Bank, a 

de novo bank.

- Granted, November 6, 2003 

Atlanta

(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, November 8, 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)(1), 3(a)(3) &

3(a)(5)

NewAlliance Bancshares, Inc., New Haven, Connecticut -

application to become a bank holding company in connection 

with the conversion of The New Haven Savings Bank, New 

Haven, Connecticut from mutual to stock form and the 

concurrent acquisitions of Connecticut Bancshares, Inc. and its 

subsidiary bank, Savings Bank of Manchester, both of 

Manchester, Connecticut, and Alliance Bancorp of New 

England, Inc. and its banking subsidiary, Tolland Bank, both of 

Vernon, Connecticut

Newspaper - 12/05/2003

Fed Reg – 12/05/2003

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 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, November 8, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

branch office to be located at Highway 6 and Spencer Highway, 

Houston, Texas.

Newspaper – 12/01/2003

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

Type Application

Ending date of

comment period

CIC Barry M. Snyder to acquire shares of Great Lake Bancorp, Inc., 

Buffalo, New York, the holding company of Greater Buffalo 

Savings Bank, Buffalo, New York.

Newspaper – 11/24/2003

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

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, November 8, 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, November 8, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Application by The Killbuck Savings Bank Company, Killbuck, 

Ohio, to establish a branch at 4900 Oak Street, Berlin, Ohio.

Newspaper - 11/03/2003

Branch Application by Savings Bank & Trust, Wadsworth, Ohio, to 

establish a branch at 3333 Massillon Road, Green, Ohio.

Newspaper - 11/07/2003

Branch Application by Western Reserve Bank, Medina, Ohio, to 

establish a branch at 8747 Brecksville Road, Brecksville, Ohio.

Newspaper - 11/17/2003

Section II – Applications subject to both newspaper and Federal Registe r notice

Type Application

Ending date of

comment period

3(a)(1) 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 - 12/04/2003

Fed Reg - 12/01/2003

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, November 8, 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)(3) New Century Bancorp, Inc., Dunn, North Carolina, to acquire 

100% of the voting shares of New Century Bank of Fayetteville, 

Fayetteville, North Carolina (an organizing bank).*

Fed Reg – 12/01/2003 

Newspaper – 11/26/2003

*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

4(c)(8) Carolina Financial Corporation, Charleston, South Carolina, to 

purchase certain assets and assume certain liabilities of Crescent 

Mortgage Services, Inc., Atlanta, Georgia.
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, November 8, 2003

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 5455 Tara Boulevard, Bradenton, Florida, to be 

known as the Bradenton – Tara Branch.*

Newspaper-11/20/2003

Branch LandMark Bank of Florida, Sarasota, Florida, to establish a 

branch located at the intersection of Cattlemen Road and 

Fruitville Road, on the northern side of Fruitville Road, 

Sarasota, Florida, to be known as the LandMark Bank of Florida 

Gateway Office.*

Newspaper-11/16/2003

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

located at 877 Military Cutoff Road, Wilmington, North 

Carolina.*

Newspaper-11/11/2003

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

located at the southwest corner of Debbie Lane and Highway 

287, Mansfield, Texas.*

Newspaper-11/14/2003

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

located at the west side of Highway 181, 1/5 mile north of 

Interstate 10, Daphne, Alabama.*

Newspaper-11/13/2003

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

the intersection of West Colonial Drive and Daniels Road, 

Winter Garden, Florida, to be known as the Winter Garden 

Office.* 

Newspaper-11/21/2003

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

10575 Narcoosee Road, Orlando, Florida, to be known as the 

Lake Nona Office.*

Newspaper-11/21/2003

Branch Tennessee State Bank, Sevierville, Tennessee, to establish a 

branch located at 939 Dolly Parton Parkway, Sevierville, 

Tennessee.*

Newspaper-11/15/2003

18(c) PanAmerican Bank, Hollywood, Florida, to acquire certain 

assets and assume certain liabilities of Gulf Bank, Miami, 

Florida.*

Newspaper-N/Avail

*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)(5) BancTrust Financial Group, Inc., Mobile, Alabama to merge 

with CommerceSouth, Inc., Eufaula, Alabama, and thereby 

directly acquire its subsidiary, CommerceSouth Bank, Eufaula, 

Alabama.*

Newspaper-10/02/2003

Fed Reg-12/08/2003

3(a)(1) BG Financial Group, Inc., Greeneville, Tennessee, to become a 

bank holding company by acquiring Bank of Greeneville, 

Greeneville, Tennessee.*

Newspaper-12/01/2003

Fed Reg-12/08/2003

3(a)(1) CBS Financial Corporation, Smyrna, Georgia, to become a bank 

holding company by acquiring Community Bank of the South, 

Smyrna, Georgia.*

Newspaper- 12/05/2003

Fed Reg-12/05/2003

3(a)(5) KSB Bancorp, Inc., Kaplan, Louisiana, to merge with Teche 

Bancshares, Inc., and thereby directly acquire Teche Bank & 

Trust Co., both of St. Martinville, Louisiana.*

Newspaper-11/28/2003

Fed Reg-12/04/2003

3(a)(5) Synovus Financial Corp., Columbus, Georgia, to merge with 

Peoples Florida Banking Corporation, and thereby acquire 

Peoples Bank, both of Palm Harbor, Florida.*

Newspaper-N/Avail 

Fed Reg-11/24/2003

*Subject to provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Bonifay Holding Company, Inc., Bonifay, Florida, after-the-fact 

notification to continue making, acquiring, brokering, or 

servicing loans or other extensions of credit.

Fed Reg-11/21/2003

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

Type Application

COM The Buckhead Community Bancorp, Inc., Atlanta, Georgia, 

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, November 8, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Marquette Bank, Chicago, Illinois, to establish a branch facility 

to be located at 10000 West 151st Street, Orland Park, Illinois.*

Newspaper – 11/14/2003

Branch Marquette Bank, Chicago, Illinois, to establish a branch facility 

to be located at 1876 W. Airport Road, Romeoville, Illinois.*

Newspaper – 11/14/2003

* 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) Alpha Financial Group, Inc., Employee Stock Ownership Plan, 

Toluca, Illinois, to acquire an additional 12.58 percent of Alpha 

Financial Group, Inc. and thereby indirectly Alpha Community 

Bank, both of Toluca, Illinois, following the redemption of 

holding company stock. The ESOP will own 51.91%*.

Fed Reg – 11/28/2003

Newspaper – 11/30/2003

CIC Notice by Randall E. Vail, to increase his ownership from 19 

percent to 31 percent of The Greenwood's Bancorporation, Inc., 

Lake Mills, Wisconsin, and thereby indirectly acquire 

Greenwood State Bank, Lake Mills, Wisconsin.

Fed Reg – N/Avail

Newspaper – N/Avail

3(a)(1) MSB Holding, Inc., Montrose, Michigan, to become a bank 

holding company through the acquisition of Montrose State 

Bank, Montrose, Michigan.*

Fed Reg – 11/28/2003

Newspaper – 11/21/2003

* 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

41647 First Banking Center

8700 75th Street

Kenosha, Wisconsin 53142

(262) 763-3581

06/09/2003 11/04/2003 S X

280044 Baylake Bank

217 N. Fourth Avenue

Sturgeon Bay, Wisconsin 54235

(920) 743-5551

05/19/2003 11/04/2003 O X

Section VI – CRA examinations scheduled for First Quarter of 2004

Institution Location

Old Second Bank of Yorkville Yorkville, Illinois

First Bank of Berne Berne, Indiana

State Bank Spencer, Iowa
Section VI – CRA examinations scheduled for First Quarter of 2004

Institution Location

Bank of Lenawee Adrian, Michigan

Lapeer County Bank and Trust Co. Lapeer, Michigan

Bank of Oakfield Oakfield, Wisconsin

Bank of Elmwood Racine, Wisconsin

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 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, November 8, 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

CIC Notice by the Norma Smith Revocable Living Trust ("Trust"), 

Norma Lee Smith, as trustee, both of Poplar Bluff, Missouri, and 

a control group consisting of Trust, Joseph Thomas McLane, 

Poplar Bluff, Missouri, Jana Lee Poteet, Poplar Bluff, Missouri, 

and Jerri Ann Williams, Roswell, Georgia, to gain control of 

Poplar Bluff Banc Company, Poplar Bluff, Missouri.

Newspaper – 11/21/2003

Fed Reg – 11/26/2003

3A5 Simmons First National Corporation, Pine Bluff, Arkansas, to 

acquire Alliance Bancorporation, Inc., Hot Springs, Arkansas, 

and thereby indirectly acquire Alliance Bank of Hot Springs, 

Hot Springs, Arkansas.*

Newspaper – N/Avail 

Fed Reg – 12/08/2003

* 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 First Quarter of 2004

Institution Location

Scott County Bank Scottsburg, Indiana

Citizens Bank Hartford, Kentucky

Bank of Hillsboro Hillsboro, Missouri

Bank of Iberia Iberia, Missouri

Exchange Bank of Northeast Missouri Kahoka, Missouri

Bank of Cairo and Moberly Moberly, Missouri

Legacy Bank and Trust Plato, Missouri

Southern Commercial St. Louis, Missouri

First State Bank of St. Robert St. Robert, Missouri 

Patriot Bank Millington, Tennessee

Farmers Bank Parsons, Tennessee

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 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, November 8, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch State Bank of La Crosse, La Crosse, Wisconsin, proposes to 

establish a branch facility at 108 West 82nd Street, Marshfield, 

Wisconsin.*

Newspaper – 11/10/2003

*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

CIC Michael Dennis Watters, Lakeville, Minnesota, to gain control 

of Provincial Corp., Lakeville, Minnesota, and thereby

indirectly gain control of Provinc ial Bank, Lakeville, 

Minnesota.

Fed Reg- 11/17/2003

Newspaper – N/Avail

3(a)(3) State Bank of Cokato ESOP II, Cokato, Minnesota, to acquire an 

additional 441 shares of common stock of Cokato Bancshares, 

Inc., Cokato, Minnesota, and thereby increasing its ownership 

interest to 100%.*

Fed Reg- 12/05/2003

Newspaper – 12/04/2003

*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 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, November 8, 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

CIC Notice by Christian A. Royer, St. Marys, Kansas, to acquire 

control of PCI Holdings, Inc., parent of St. Marys State Bank, 

both of St. Marys, Kansas.

Newspaper - N/Avail 

Fed Reg - 11/28/2003

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

315357 St. Marys State Bank

905 E. Bertrand

St. Marys, Kansas 66536-1620

08/04/2003 11/05/2003 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, November 8, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch TexasBank, Fort Worth, TX, to establish a branch at 2200 West 

Southlake Boulevard, Southlake, TX 76092*

Newspaper – 11/14/2003

*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) Tolleson Wealth Management, Inc., Dallas, TX, and Tolleson 

Wealth Management of Delaware, Inc., Dallas, TX, to acquire 

Tolleson Private Bank, Dallas, TX* (previously reported the 

week ending November 1, 2003)

Fed Reg – 12/01/2003

Newspaper – 12/01/2003

3(a)(1) Tolleson Wealth Management of Delaware, Inc., Dallas, TX, to 

acquire Tolleson Private Bank, Dallas, TX* (previously reported 

the week ending November 1, 2003)

Fed Reg – 12/01/2003

Newspaper – 12/01/2003

3(a)(1) Daingerfield Holding Company, Daingerfield, TX, to acquire

The National Bank of Daingerfield, Daingerfield, TX*

Fed Reg – N/Avail

Newspaper – N/Avail

3(a)(1) Hillsboro Bancshares, Inc., Hillsboro, TX, and Hillsboro 

Holdings, Inc., Wilmington, DE, to acquire The Citizens 

National Bank of Hillsboro, Hillsboro, TX*

Fed Reg – 12/05/2003

Newspaper – 12/03/2003

3(a)(1) Hillsboro Holdings, Inc., Wilmington, DE, to acquire The 

Citizens National Bank of Hillsboro, Hillsboro, TX*

Fed Reg – 12/05/2003

Newspaper – 12/03/2003

*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

4(c)(8) Tolleson Wealth Management, Inc., Dallas, TX, and Tolleson 

Wealth Management of Delaware, Inc., Dallas, TX, through 

TTG Services, Inc., Dallas, TX, to engage in extending credit 

and servicing loans and in financial and investment advisory 

activities (previously reported the week ending November 1, 

2003)

Fed Reg – 12/01/2003

4(c)(8) Tolleson Wealth Management, Inc., Dallas, TX, and Tolleson 

Wealth Management of Delaware, Inc., Dallas, TX, through 

Tolleson Private Wealth Management LP, Dallas, TX, to engage 

in financial and investment advisory activities (previously 

reported the week ending November 1, 2003)

Fed Reg – 12/01/2003

4(c)(8) Tolleson Wealth Management, Inc., Dallas, TX, and Tolleson 

Wealth Management of Delaware, Inc., Dallas, TX, through 

Tolleson Funding LP, Dalla s, TX, to engage in extending credit 

and servicing loans (previously reported the week ending 

November 1, 2003)

Fed Reg – 12/01/2003

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.
Section V – Availability of CRA public evaluations

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

1005262 Plaza Bank

400 West Houston St.

San Antonio, TX 78207-3162

07/28/2003 11/10/2003 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, November 8, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18C & Branch North Valley Bank, Redding, California, to merge with Six 

Rivers Bank, Eureka, California, and to acquire eight Northern 

California branch offices of Six Rivers Bank.*

Newspaper – N/Avail

18C Sun Country Bank, Upland, California, to merge with PriVest 

Bank, Santa Ana, California.*

Newspaper – 12/06/2003

* 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 David and Verla Sorensen, Salt Lake City, Utah, and 

Jeffrey and Sheila Smith, Midland, Texas; to retain voting shares 

of Community Bancorp, and thereby retain shares of 

Community Bank of Nevada, both of Las Vegas, Nevada. In 

addition, David and Verla Sorensen to acquire up to 25 percent 

of Community Bancorp, Las Vegas, Nevada.*

Newspaper – 11/25/2003

Fed Reg – 11/21/2003

* 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