Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 16 

Week Ending April 20, 2002 

Board of Governors of the Federal Reserve System, Washington, DC 20551 
H.2 Board Actions April 14, 2002 to April 20, 2002 

Testimony And Statements 

Monetary policy and the economic outlook -- statement by Chairman Greenspan before 

the Joint Economic Committee, U.S. Congress, April 17, 2002. 

- Published, April 17, 2002 

Bank Holding Companies 

Charter One Financial, Inc., Cleveland, Ohio, and Charter-Michigan Bancorp, Inc., 

Dearborn, Michigan -- to acquire Charter One Bank, N.A., Cleveland, on the conversion 

of Charter One Bank, F.S.B. to a national bank and for Charter-Michigan Bancorp, Inc. 

to become a bank holding company. 

- Approved, April 19, 2002 

Chinatrust Financial Holding Company, Ltd, Taipei, Taiwan -- to become a bank holding 

company through the acquisition of Chinatrust Commercial Bank, Taipei, and its 

subsidiary bank, Chinatrust Bank (U.S.A.), Torrance, California. 

- Approved, April 18, 2002 

Board Operations 

Equal employment opportunity -- delegation of authority to the Administrative Governor 

to take final action on matters that involve the merits of EEO complaints. 

- Approved, April 15, 2002 

Forms 

Forms -- extension of the Bank Holding Company Application and Notifications (FR Y3, FR Y-3N, and FR Y-4), six reports regarding certain extensions of credit secured by 

margin stock (FR G-1, FR G-2, FR G-3, FR G-4, FR T-4, and FR U-1), the Annual 

Daylight Overdraft Capital Report for U.S. Branches and Agencies of Foreign Banks (FR 

2225), and the Report on Net Debit Cap (FR 2226). 

- Approved, April 11, 2002 (AC) 

Forms -- extension, with revision, of the Interagency Bank Merger Act Application (FR 

2070). 

- Approved, April 18, 2002 

(AC) = Addition or Correction Board - Page 1 of 2 
H.2 Board Actions April 14, 2002 to April 20, 2002 

Regulations And Policies 

Parallel-owned banking organizations -- joint interagency statement on the characteristics 

of parallel-owned banking organizations, the risks associated with them, and the agencies' 

approach for supervising those risks. 

- Approved, April 18, 2002 

Risk-based capital guidelines of Regulations H and Y -- amendments to the risk-based 

capital guidelines for state member banks and bank holding companies regarding the risk 

weighting of claims on securities firms. 

- Announced, April 9, 2002 (AC) 

(AC) = Addition or Correction Board - Page 2 of 2 
H.2 Actions under delegated authority April 14, 2002 to April 20, 2002 

BS&R 

C&CA 

FOMC 

Banking Supervision and Regulation 

Consumer and Community Affairs 

Federal Open Market Committee 

RBOPS 

IF 

OSDM 

Reserve Bank Operations and Payment Systems

International Finance

Office of Staff Director for Management

Bank Branches, Domestic 

Kansas City 

Arvest State Bank, Tulsa, Oklahoma -- to establish branches at 218 South Memorial 

Drive and 3233 South Yale Avenue. 

- Approved, April 15, 2002 

Richmond 

Farmers & Mechanics Bank, Frederick, Maryland -- to establish a branch at 2151 

Warwick Way, Marriottsville. 

- Approved, April 17, 2002 

Richmond 

Gateway Bank & Trust Co., Elizabeth City, North Carolina -- to establish a branch at 

111 Gainsborough Square, Chesapeake, Virginia. 

- Approved, April 17, 2002 

Richmond 

Southern Community Bank and Trust, Winston-Salem, North Carolina -- to establish a 

branch in the North Main Village Shopping Center, 205 Neal Place, Suite 105, High 

Point. 

- Approved, April 18, 2002 

Atlanta 

SouthTrust Bank, Birmingham, Alabama -- to establish a branch at 201 Main Street, 

Piedmont. 

- Approved, April 18, 2002 

Richmond 

Union Bank and Trust Company, Bowling Green, Virginia -- to establish a branch at 

5510 Morris Road, Thornburg. 

- Approved, April 18, 2002 

(AC) = Addition or Correction Delegated - Page 1 of 5 
H.2 Actions under delegated authority April 14, 2002 to April 20, 2002 

Bank Branches, Domestic 

Atlanta 

United Bank of the Gulf Coast, Sarasota, Florida -- to establish a branch at 26th Street 

and Manatee Avenue, Bradenton. 

- Approved, April 17, 2002 

Bank Holding Companies 

Boston 

Dallas 

Atlanta 

Commerce Bancshares, Inc., Franklin, Tennessee -- to acquire Citizens Corporation and 

thereby engage in making, acquiring, brokering, or servicing loans or other extensions of 

credit; and providing credit insurance and data processing services. 

- Withdrawn, April 18, 2002 

Hoosac Financial Services, Inc., North Adams, Massachusetts -- to merge with 

Williamstown Mutual Holding Company, Williamstown, and thereby acquire 

Williamstown Savings Bank and to form a mid-tier stock holding company, Mountainone 

Financial Partners, Inc., North Adams. 

- Approved, April 15, 2002 

Outsource Holdings, Inc., Lubbock, Texas -- to become a bank holding company 

through the acquisition of Outsource Delaware Holdings, Inc., Dover, Delaware, and 

First Citizens Bank, National Association, Dallas, Texas; for Outsource Delaware 

Holdings, Inc. to become a bank holding company through the acquisition of First Citizens 

Bank, National Association; and for Outsource Holdings, Inc. to acquire Jefferson 

Mortgage Services, Inc., Dallas, and Orr Lease, Inc. and thereby engage in extending 

credit, servicing loans, and leasing personal or real property. 

- Approved, April 15, 2002 

People's Community BancShares, Inc., Sarasota, Florida -- to become a bank holding 

company through the acquisition of People's Community Bank of the West Coast. 

- Returned, April 15, 2002 

(AC) = Addition or Correction Delegated - Page 2 of 5 
H.2 Actions under delegated authority April 14, 2002 to April 20, 2002 

Bank Holding Companies 

Minneapolis 

Plato Holdings, Inc., St. Paul, Minnesota -- to become a bank holding company through 

the acquisition of Drake Bank, a de novo bank. 

- Approved, April 19, 2002 

San Francisco 

Plumas Bancorp, Quincy, California -- to become a bank holding company through the 

acquisition of Plumas Bank. 

- Approved, April 17, 2002 

Chicago 

Schaumburg Bancshares, Inc., Hinsdale, Illinois -- to become a bank holding company 

through the acquisition of First Schaumburg Bancorporation, Inc., Schaumburg, and 

thereby indirectly acquire Heritage Bank of Schaumburg. 

- Returned, April 12, 2002 (AC) 

San Francisco 

Temecula Valley Bancorp, Temecula, California -- to become a bank holding company 

through the acquisition of Temecula Valley Bank. 

- Approved, April 17, 2002 

Bank Mergers 

Chicago 

State Bank of Howards Grove, Howards Grove, Wisconsin -- to assume medical savings 

account deposits from Citizens Bank of Pennsylvania, Philadelphia, Pennsylvania. 

- Approved, April 16, 2002 

Banks, Foreign 

New York 

Bayerische Hypo-Und Vereinsbank AG, Munich, Germany, Allianz AG, and Munchener 

Ruckversicherungs-Gesellschaft Aktiengesellschaft in Munchen -- to engage in certain 

nonbanking activities through Identrus, LLC in connection with Identrus's acquisition of 

Digital Signature Trust Company. 

- Approved, April 16, 2002 

(AC) = Addition or Correction Delegated - Page 3 of 5 
H.2 Actions under delegated authority April 14, 2002 to April 20, 2002 

Change In Bank Control 

Kansas City 

Myers Bancshares, Inc., Alva, Oklahoma -- change in bank control. 

- Permitted, April 16, 2002 

Competitive Factors Reports 

Richmond 

Baltimore County Savings Bank, F.S.B., Baltimore, Maryland -- report on competitive 

factors of the proposed merger with Heritage Savings Bank, F.S.B., Lutherville. 

- Submitted, April 17, 2002 

St. Louis 

First National Bank in Olney, Olney, Illinois -- report on competitive factors of the 

proposed acquisition of the Oblong and Robinson, Illinois, branches of Old National 

Bank, Evansville, Indiana. 

- Submitted, April 16, 2002 

San Francisco 

First Savings Bank of Renton, Renton, Washington -- report on competitive factors of the 

proposed merger with Renton Interim Merger Savings Bank (Interim Two). 

- Submitted, April 16, 2002 

St. Louis 

Simmons First Bank of South Arkansas, Lake Village, Arkansas -- report on competitive 

factors of the proposed acquisition of the Monticello branch of Heartland Community 

Bank, Camden. 

- Submitted, April 16, 2002 

Dallas 

West Texas National Bank, Alpine, Texas -- report on competitive factors of the 

proposed merger with West Texas Interim National Bank, Midland. 

- Submitted, April 17, 2002 

(AC) = Addition or Correction Delegated - Page 4 of 5 
H.2 Actions under delegated authority April 14, 2002 to April 20, 2002 

International Operations 

Kansas City 

Bank of Oklahoma, National Association, Tulsa, Oklahoma -- to establish a branch in 

Grand Cayman, Cayman Islands, British West Indies. 

- Approved, April 17, 2002 

Membership 

Dallas 

Citizens State Bank, Princeton, Texas -- to become a member of the Federal Reserve 

System. 

- Approved, April 18, 2002 

(AC) = Addition or Correction Delegated - Page 5 of 5 
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, April 20, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
 V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, April 20, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch JP Morgan Chase Bank request permission to open and occupy a Newspaper – 04/27/2002 

de novo branch office at 2551 Broadway, New York, New York. 

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

Ending date of 

Type Application comment period 

3A1 CSB Financial Corp., (“Financial”) Teaneck, New Jersey, to 

become a bank holding company with respect to community 

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

Lindenbaum Group and Basswood Partners LLC, which upon 

the bank holding company formation, will own approximately 

22.6 percent of Financial, upon the conversion of bank shares to 

Financial’s shares. 

3A1 NorCrown Bancorp, Livingston, New Jersey, to become a onebank holding company for NorCrown Bank, Livingston, New 

Jersey. 

Newspaper – 04/30/2002 

Fed. Reg. – 04/19/2002 

Fed. Reg. – N/A 

Newspaper – N/A 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4C8 Dresdner Bank Aktiengesellschaft, Frankfurt, Germany, Fed. Reg. – N/A 

Dresdner Bank Lateinamerika Aktiengesellschaft, Hamburg, 

Germany, and Allianz Aktiengesellschaft, Munich, Germany, to 

acquire Vestrust Securities LLC, Coral Gables, Florida, and 

thereby engage in financial and investment advisory activities 

and agency transactional services for customer investments. 
Section IV – Applications not subject to Federal Register or newspaper notice 

Type Application 

DPC Citibank Overseas Investment Corporation, New Castle, 

Delaware, on behalf of Citicorp Finance (Thailand) Limited, 

Bangkok, Thailand, to extend the holding period for the property 

located at 1241 Moo 9, Mooban Ramindra, Jorakebua, 

Bangkapi, Bangkok, Thailand. 

DPC Citibank Overseas Investment Corporation, New Castle, 

Delaware, on behalf of Saudi American Bank, Riyadh, Saudi 

Arabia, to extend the holding period for 46 Saudi Arabian 

properties. 

INV Citibank Overseas Investment Corporation, New Castle, 

Delaware, for its subsidiary Yonder Investment Corporation, 

New Castle, Delaware to make an investment in Solvay Finance 

(Jersey) Limited, a subsidiary of Solvay, S.A., Brussels, 

Belgium. 

Section V – Availability of CRA public evaluations 

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

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

1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995. 

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

evaluated periodically. That record is taken into account in considering an institution's application for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, April 20, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Equity Bank, Marlton, NJ, to establish a branch office located at 05/01/2002 Marter Avenue and Marne Highway, Moorestown, NJ. 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, April 20, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

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. 

The federal bank regulators use the following four performance levels to rate an institution's performance under 

CRA: 

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, April 20, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch RBC Centura Bank, Rocky Mount, North Carolina, to establish 

a branch at 100 Schenck Parkway, Biltmore Park, Suite 160, 

Asheville, North Carolina.* 

Branch United Bank, Inc., Parkersburg, West Virginia, to establish a 

branch at 1504 Tuscawilla Hills, Charles Town, West Virginia.* 

Branch Bank of Williamsburg, Williamsburg, Virginia, to establish a 

branch at 610 Thimble Shoals Drive, Suite 102, Newport News, 

Virginia.* 

Branch Alliance Bank Corporation, Fairfax, Virginia, to establish a 

branch at 11730 Plaza America Drive, Reston, Virginia.* 

Branch Bruceton Bank, Bruceton Mills, West Virginia, to establish a 

branch at 102 Venture Drive, Morgantown, West Virginia.* 

Newspaper - 04/27/2002 

Newspaper - 04/27/2002 

Newspaper - 04/27/2002 

Newspaper - 05/01/2002 

Newspaper - 05/03/2002 

Subject to the provisions of the Community Reinvestment Act. 

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

Ending date of 

Type Application comment period 

3(a)(1) North State Bancorp, Raleigh, North Carolina, to become a bank Fed Reg - N/Avail 

holding company through the acquisition of 100% of the voting Newspaper - 05/12/2002 

shares of North State Bank, Raleigh, North Carolina.* 

*Subject to the provisions of the Community Reinvestment Act. 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

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

Type Application 

3(a)(1) Community First Financial Corporation, Lynchburg, Virginia, 

to become a bank holding company through the acquisition of 

Community First Bank, Lynchburg, Virginia. 

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 regula tion 

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

491822 Bank of Gassaway 02/04/2002 04/18/2002 S X 

700 Elk Street 

Gassaway, West Virginia 26624 

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, April 20, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

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

branch located at 4965 Highway 17, Helena, Alabama. 

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

branch located at 201 Main Street, Piedmont, Alabama, to be 

known as the Piedmont Branch. 

Branch Palm Beach County Bank, Boynton Beach, Florida, proposes to 

establish a branch located at 2101 Centrepark West Drive, Suite 

150, West Palm Beach, Florida, to be known as the Airport 

Industrial Branch. 

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

located at the southeast corner of N.C. State Highway 106 and 

West Spring Street, Highlands, North Carolina. 

Branch Colonial Bank, Montgomery, Alabama, to establish a branch 

located at 3901 Highway 78 East, Jasper, Alabama. 

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

720 Dacula Road, Dacula, Georgia, to be known as the Dacula 

Village In-Store Office. 

18(c) Regions Bank, Birmingham, Alabama, proposes to merge with 

Brookhollow National Bank, Dallas, Texas. 

04/25/2002* 

04/05/2002* 

04/23/2002* 

04/24/2002* 

04/23/2002* 

05/03/2002* 

04/20/2002* 

*Subject to provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

CIC FirstFed Bancorp, Inc., Bessemer, Alabama, after-the-fact N/Avail 

change in control notice filed by First Financial Fund, Inc., to 

retain its holdings of approximately 10.87 percent of the 

outstanding shares of FirstFed Bancorp, Inc., Bessemer, 

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

Ending date of 

Type Application comment period 

CIC Georgia Central Bancshares, Inc., Social Circle, Georgia, afterthe-fact change in control by Mr. Alvin Gibson to retain 14 

percent of the outstanding shares of Georgia Central Bancshares, 

Inc., and its subsidiary, Georgia Central Bank, both of Social 

Circle, Georgia. 

N/Avail 

CIC Indian River Banking Company, Vero Beach, Florida, after-thefact change in control notice by Greene Revocable Trust U/A/D 

8-29-90 Barnette Ellis Green, Jr. & Hariot Hughes Greene, CoTrustees; Hariot H. Greene Revocable Trust U/A/D 6-29-99 

Barnette Ellis Greene, Jr. & Hariot Hughes Greene, Co-Trustees; 

Jack Irvine Greene; Janie Elizabeth Greene; Ellis Sutherland 

Greene and Kathleen Farrell Greene; Griffin Aubrey Greene and 

Camille Koby Greene; Griffin Aubrey Greene; Kelly Foster 

Greene; Kelly Foster Greene and Linda Cook Greene; Scott 

Hughes Steiger Irrevocable Trust II U/A/D 1-10-89 Griffin 

Aubrey Greene and Janie Elizabeth Greene, Trustees; Derek 

Brian Steiger Irrevocable Trust II U/A/D 1-10-89 Griffin 

Aubrey Greene and Janie Elizabeth Greene, Trustees; Jasaline 

Celeste Greene Trust U/A/D 8-29-90 Ellis Sutherland Greene 

and Janie Elizabeth Greene, Trustees; Amanda Kathleen Greene 

Trust U/A/D 8-29-90 Ellis Sutherland Greene and Janie 

Elizabeth Greene, Trustees; Kolby Barnette Greene Trust U/A/D 

11-12-98 Kelly Foster Greene and Janie Elizabeth Greene, 

Trustees; Kylee Joyce Greene Trust U/A/D 3-24-00 Kelly Foster 

Greene and Janie Elizabeth Greene Trustees; Greene Girls 

Properties, LLP; Greene Groves & Ranch, LTD; Camille Koby 

Greene, IRA; Jack Irvine Greene, IRA; Griffin Aubrey Greene; 

Whitney C. Greene; Lyndal M. Greene; Aubrey L. Greene; 

Anabelle G. Greene, all of Vero Beach, Florida, to retain 

approximately 11.8 percent of the outstanding shares of Indian 

River Banking Company and its wholly owned subsidiary, 

Indian River National Bank, Vero Beach, Florida. 

N/Avail 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4(c)(8) Commerce Bancshares, Inc., Franklin, Tennessee, proposes to 05/07/2002 

acquire Citizens Corporation, Franklin, Tennessee, and thereby 

engage in making, acquiring, brokering, or servicing loans or 

other extensions of credit, credit insurance, and data processing 

activities, pursuant to sections 225.28(b)(1), 225.28(b)(11)(iii), 

and 225.28(b)(14) of Regulation Y. 
Section IV – Applications not subject to Federal Register or newspaper notice 

Type Application 

COM Southern Bancorp, Inc., Marietta, Georgia, commitment waiver 

request. 

3(a)(1) Community First, Inc., Columbia, Tennessee, notice to become a 

bank holding company by acquiring Community First Bank & 

Trust, Columbia, Tennessee. 

Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

648130 Coconut Grove Bank 

2701 S. Bayshore Drive 

Miami, Florida 33133 

(305) 858-6666 

701736 Brand Banking Company 

Post Office Box 1110 

Lawrenceville, Georgia 30046 

(770) 963-9225 

900137 United Bank and Trust Company 

Post Office Box 14517 

St. Petersburg, Florida 33733 

(813) 522-9434 

1162558 First Gulf Bank 

Post Office Box 6789 

Gulf Shores, Alabama 36547 

(334) 968-2500 

12/03/2001 04/17/2002 S X 

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

12/10/2001 03/18/2002 S X 

11/05/2001 03/18/2002 S X 
Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, April 20, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) & Branch First American Bank, Fort Dodge, Iowa, to merge with First Newspaper – N/Avail 

American Bank, Sioux City, Iowa and thereby to establish a 

branch at 800 Gordon Drive, Sioux City, Iowa.* 

* Subject to the provisions of the Community Reinvestment Act 

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

Type Application 

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

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

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

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

Commercial Bank, Chicago, Illinois.* 

Notice by John R. Madden, Oak Brook, Illinois; Edward J. 

Madden, Chicago, Illinois; and Thomas Herbstritt, Franklin 

Park, Illinois; to acquire control of First Schaumburg 

Bancorporation, Schaumburg, Illinois 

Ending date of 

comment period 

Fed Reg – 04/23/2002 

Newspaper – 04/15/2002 

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 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 

CC 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

60143 Comerica Bank 

500 Woodward Avenue 

Detroit, Michigan 48226 

(248) 371-5000 

1864610 Lakeland Community Bank 

935 W. Rollins Road 

Round Lake Heights, Illinois 60073 

(847) 740-2265 

05/07/2001 04/18/2002 O X 

11/27/2001 04/16/2002 S X 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, April 20, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

CIC Notice by Douglas A. Habig to retain control of SVB&T Newspaper – 05/14/2002 

Corporation, French Lick, Indiana. (Previously submitted during Fed Reg – 05/06/2002 

the week ending April 13, 2002) 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4c8 Commerce Bancshares, Inc., Franklin, Tennessee, proposes to 

make, acquire, broker, or service loans or other extensions of 

credit through the acquisition of Citizens Corporation, Franklin, 

Tennessee. It also proposes to provide data processing services 

through Financial Data Technology Corporation ("Fi-data"), 

Franklin, Tennessee, and engage in general insurance agency 

services in a town of less that 5,000, through Citizens & Peoples 

Insurance, Inc., Grant, Alabama. Fi Data and Citizens & Peoples 

Insurance, Inc. are subsidiaries of Citizens Corporation. 

4c8 First Banks, Inc., St. Louis, Missouri, to indirectly engage in 

community development activities, through Allegiant 

Community Development Corporation, St. Louis, Missouri; and 

to indirectly engage in real estate and personal property 

appraising, financial and investment advisory activities, and 

private-placement of sercurities services, as agent, through 

Allegiant Capital Corporation, St. Louis, Missouri. Both 

companies are subsidiaries of Allegiant Bancorp, Inc., St. Louis, 

Missouri 

Fed Reg – N/Avail 

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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, April 20, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

CIC Alan L. Lerberg to acquire control of Peoples Bankshares, Inc, Newspaper-N/Avail Fed 

Parshall, North Dakota and thereby indirectly to acquire control Reg-N/Avail 

of Peoples Bank and Trust, Parshall, North Dakota. 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

application for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

680457 The Yellowstone Bank 12/24/2001 4/19/2002 S X 

Billings, Montana 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, April 20, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Anadarko Bank and Trust Company, Anadarko, Oklahoma, to 

establish a branch at 324 West Main Street, Binger, Oklahoma. 

Newspaper 04/24/2002 

18(c) The State Bank, Winfield, Kansas, to purchase certain assets and 

assume certain liabilities of the Winfield, Kansas and Arkansas 

City, Kansas branches of Commerce Bank, NA, Wichita, Kansas 

and to operate under the charter and title of The State Bank, 

Winfield, Kansas. 

Newspaper – 05/13/2002 

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

Ending date of 

Type Application comment period 

3a1 Brooke Holdings, Inc., Brooke Corporation, Inc. and Brooke Newspaper – 04/12/2002 

Bancshares, Inc., all of Overland Park, Kansas, to become bank Fed Reg – N/Available 

holding companies through the acquisition of 100 percent of the 

voting shares of Centerville State Bank, Centerville, Kansas. 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

883959 Bank of Kremlin 01/22/2002 04/18/2002 O X 

102 Sixth Street 

Kremlin, Oklahoma 73753 

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, April 20, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

4(c)(8) Texas United Bancshares, Inc., La Grange, TX, and Texas Fed Reg – 05/06/2002 

United Nevada, Inc., Carson City, NV, to engage in operating a Newspaper – 05/15/2002 

savings association by acquiring The Bryan-College Station 

FHC, Bryan, TX, and First Federal Savings Bank, FSB, Bryan, 

TX* (previously reported the week ending April 6, 2002) 

*Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, April 20, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

3(a)(1) Citizens Bank Holding Company, Pocatello, Idaho, to become a 

bank holding company by acquiring 100 percent of Citizens 

Community Bank, Pocatello, Idaho.* 

3(a)(1) Snake River Bancorp, Inc., Twin Falls, Idaho, to become a bank 

holding company by acquiring 100 percent of Magic Valley Bank, 

Twin Falls, Idaho.* 

CIC Notice by David F. Moorhouse, Friday Harbor, Washington, to 

increase his shares in San Juan Bank Holding Company, Friday 

Harbor, Washington.* 

Newspaper – 05/13/2002 

Fed Reg – 05/17/2002 

Newspaper – 05/13/2002 

Fed reg – 05/17/2002 

Newspaper – N/Avail Fed 

Reg – 4/16/2002 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

3(a)(5)(C) Community Valley Bancorp, Chico, California, to become a bank 

holding company by acquiring 100 percent of Butte Community 

Bank, Chico, California. 
Section IV – Applications not subject to Federal Register or newspaper notice 

Type Application 

3(a)(5)(C) Mission Bancorp, Bakersfield, California, to become a bank holding 

company by acquiring 100 percent of Mission Bank, Bakersfield, 

California. 

Section V – Availability of CRA public evaluations 

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

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

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

revised in May 1995. 

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

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

facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None