Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 18 

Week Ending May 4, 2002 

Board of Governors of the Federal Reserve System, Washington, DC 20551 
H.2 Board Actions April 28, 2002 to May 4, 2002 

Regulations And Policies 

Regulation C -- delay of the effective date of data collection amendments from January 1, 

2003, to January 1, 2004. 

- Approved, May 2, 2002 

Securities Regulation 

Structural Change in the Government Securities Market: Issues and Options --

interagency white paper on possible structural changes in the settlement of government 

securities transactions. 

- Proposed, April 29, 2002 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority April 28, 2002 to May 4, 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 

Secretary 

AmSouth Bank, Birmingham, Alabama -- to establish a branch at 4965 Highway 17, 

Helena. 

- Approved, May 1, 2002 

Kansas City 

Anadarko Bank and Trust Company, Anadarko, Oklahoma -- to establish a branch at 

324 West Main Street, Binger. 

- Approved, May 1, 2002 

Secretary 

The F&M Bank and Trust Company, Tulsa, Oklahoma -- to establish a branch at 12400 

East 96th Street North, Owasso. 

- Approved, May 3, 2002 

Kansas City 

First Bank of Medicine Lodge, Medicine Lodge, Kansas -- to establish a branch at 328 

East Main Street, Gardner. 

- Approved, May 1, 2002 

Atlanta 

First Florida Bank, Naples, Florida -- to establish a branch at 972 A Orange Avenue, 

Winter Park. 

- Approved, April 18, 2002 (AC) 

Richmond 

Monarch Bank, Chesapeake, Virginia -- to establish a branch at 3701 Pacific Avenue, 

Virginia Beach. 

- Approved, May 3, 2002 

Secretary 

RBC Centura Bank, Rocky Mount, North Carolina -- to establish a branch at 100 

Schenck Parkway, Biltmore Park, Suite 160, Asheville. 

- Approved, May 2, 2002 

(AC) = Addition or Correction Delegated - Page 1 of 7 
H.2 Actions under delegated authority April 28, 2002 to May 4, 2002 

Bank Branches, Domestic 

Atlanta 

Regions Bank, Birmingham, Alabama -- to establish a branch at N.C. State Highway 106 

and West Spring Street, Highlands, North Carolina. 

- Approved, April 29, 2002 

Richmond 

The Bank of Williamsburg, Williamsburg, Virginia -- to establish a branch at 610 Thimble 

Shoals Drive, Suite 102, Newport News. 

- Approved, May 1, 2002 

Richmond 

United Bank, Inc., Parkersburg, West Virginia -- to establish a branch at 1504 

Tuscawilla Hills, Charles Town. 

- Approved, May 1, 2002 

Bank Holding Companies 

Cleveland 

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

Michigan -- to acquire Charter National Bancorp, Taylor, and thereby acquire Charter 

Bank, Wyandotte. 

- Approved, May 1, 2002 

San Francisco 

Community Valley Bancorp, Chico, California -- to become a bank holding company 

through the acquisition of Butte Community Bank. 

- Approved, May 1, 2002 

Minneapolis 

Empire Federal Bancorp, Inc., Livingston, Montana -- to become a bank holding 

company through the acquisition of Montana First National Bancorporation, Kalispell, 

Montana, and thereby indirectly acquire Montana First National Bank; and to retain 

ownership of Empire Bank, a federal savings bank. 

- Withdrawn, May 1, 2002 

(AC) = Addition or Correction Delegated - Page 2 of 7 
H.2 Actions under delegated authority April 28, 2002 to May 4, 2002 

Bank Holding Companies 

St. Louis 

First Citizens Bancshares, Inc., Dyersburg, Tennessee -- to acquire Metropolitan 

Bancshares, Inc., Munford, and thereby acquire The Munford Union Bank. 

- Approved, May 1, 2002 

New York 

First Niagara Financial Group, Inc., Lockport, New York, and First Niagara Financial 

Group, MHC -- relief from certain commitments. 

- Granted, May 1, 2002 

Minneapolis 

Marshall Bancorp, Inc., Minneapolis, Minnesota -- to become a bank holding company 

through the acquisition of Norkitt Bancorp, Inc., Hallock, and thereby indirectly acquire 

Northwestern State Bank of Hallock. 

- Approved, April 30, 2002 

Dallas 

Miami-Nevada, Inc., Carson City, Nevada -- to become a bank holding company 

through the acquisition of First State Bank, Miami, Texas. 

- Approved, May 2, 2002 

Chicago 

Nicolet Bankshares, Inc., Green Bay, Wisconsin -- to become a bank holding company 

through the acquisition of Nicolet National Bank. 

- Approved, May 1, 2002 

Minneapolis 

Peoples State Bancorp, Inc., Munising, Michigan -- to become a bank holding company 

through the acquisition of Peoples State Bank of Munising. 

- Approved, May 3, 2002 

Boston 

South Coastal Holdings MHC, Inc., Rockland, Massachusetts -- to become a bank 

holding company through the acquisition of South Coastal Bank. 

- Approved, May 2, 2002 

(AC) = Addition or Correction Delegated - Page 3 of 7 
H.2 Actions under delegated authority April 28, 2002 to May 4, 2002 

Bank Holding Companies 

Minneapolis 

State Bancshares of Ulen, Inc., Dilworth, Minnesota -- to acquire K Roberts Inc., 

Hendrum, and thereby indirectly acquire Viking Bank. 

- Approved, May 3, 2002 

Banks, National 

Director, BS&R 

City National Bank & Trust Company of Gloversville, Gloversville, New York -- transfer 

agent registration. 

- Withdrawn, April 30, 2002 

Banks, Nonmember, And Miscellaneous Institutions 

Director, BS&R 

Brenton Banks, Inc., Des Moines, Iowa -- transfer agent registration. 

- Withdrawn, April 30, 2002 

Secretary 

First American Wealth Management Group, Urbandale, Iowa -- transfer agent 

registration. 

- Approved, April 30, 2002 

Director, BS&R 

Marshall & Ilsley Trust Company National Association, Milwaukee, Wisconsin --

transfer agent registration. 

- Withdrawn, April 30, 2002 

Banks, State Member 

New York 

JPMorgan Chase Bank, New York, New York -- to acquire APEX Property Exchange, 

Inc., Hanover, Massachusetts, and engage in financial and investment advisory and leasing 

activities. 

- Withdrawn, April 29, 2002 

(AC) = Addition or Correction Delegated - Page 4 of 7 
H.2 Actions under delegated authority April 28, 2002 to May 4, 2002 

Banks, State Member 

Director, BS&R 

Morgan Guaranty Trust Company of New York, New York, New York -- transfer 

agent registration. 

- Withdrawn, April 30, 2002 

Director, BS&R 

RBC Centura Bank, Rocky Mount, North Carolina -- exemption from section 23A of the 

Federal Reserve Act for RBC Centura Banks, Inc. to contribute the shares of its nonbank 

subsidiaries, Prism Mortgage Company, Chicago, Illinois, and RBC Trade Finance 

(USA) Inc., Burlington, Massachusetts, to RBC Centura Bank as part of a corporate 

restructuring. 

- Granted, May 3, 2002 

Change In Bank Control 

Chicago 

CJSB Bancorporation, Columbus Junction, Iowa -- change in bank control. 

- Permitted, May 3, 2002 

Dallas 

First San Benito Bancshares Corporation, San Benito, Texas -- change in bank control. 

- Permitted, May 3, 2002 

Kansas City 

K.B.J. Enterprises, Inc., Omaha, Nebraska, and Sibley State Bank, Sibley, Iowa --

change in bank control. 

- Withdrawn, May 2, 2002 

Minneapolis 

Menahga Bancshares, Inc., Menahga, Minnesota -- change in bank control. 

- Permitted, April 29, 2002 

Competitive Factors Reports 

Cleveland 

American Savings Bank, FSB, Portsmouth, Ohio -- report on competitive factors of the 

proposed merger with Waverly Building & Loan Company, Waverly. 

- Submitted, April 30, 2002 

(AC) = Addition or Correction Delegated - Page 5 of 7 
H.2 Actions under delegated authority April 28, 2002 to May 4, 2002 

Competitive Factors Reports 

Boston 

Banknorth National Association, Portland, Maine -- report on competitive factors of the 

proposed merger with Ipswich Savings Bank, Ipswich, Massachusetts. 

- Submitted, April 30, 2002 

Cleveland 

Charter One Financial, Inc., Cleveland, Ohio -- report on competitive factors of the 

proposed merger with Charter Bank, Wyandotte, Michigan. 

- Submitted, May 2, 2002 

San Francisco 

First Bank & Trust, San Francisco, California -- report on competitive factors of the 

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

Garland, Texas, branches of Jefferson Heritage Bank, Denton. 

- Submitted, May 1, 2002 

Secretary 

The Frost National Bank, San Antonio, Texas -- report on competitive factors of the 

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

branch of JPMorgan Chase Bank, New York, New York. 

- Submitted, May 2, 2002 

Cleveland 

The Guernsey Bank, Worthington, Ohio, a de novo bank -- report on competitive factors 

of the proposed purchase of assets and assumption of liabilities of the Franklin County 

branch of The Guernsey Bank, a Federal Savings Bank, Cambridge. 

- Submitted, May 1, 2002 

Dallas 

Minden Bancorp, Inc., Minden, Louisiana -- report on competitive factors of the 

proposed merger with Minden Building and Loan Association. 

- Submitted, April 17, 2002 (AC) 

Cleveland 

Peoples Bank, National Association, Marietta, Ohio -- report on competitive factors of 

the proposed merger with The Guernsey Bank, a Federal Savings Bank, Cambridge. 

- Submitted, May 1, 2002 

(AC) = Addition or Correction Delegated - Page 6 of 7 
H.2 Actions under delegated authority April 28, 2002 to May 4, 2002 

Competitive Factors Reports 

Boston 

Providian Bank, Salt Lake City, Utah -- report on competitive factors of the proposed 

merger with Providian National Bank, Tilton, New Hampshire. 

- Submitted, May 3, 2002 

Extensions Of Time 

New York 

Greater Community Bancorp, Totowa, New Jersey -- extension to August 1, 2002, to 

increase its ownership in 1st Constitution Bancorp, Cranbury. 

- Granted, April 30, 2002 

Minneapolis 

West End Financial Corp., Bessemer, Michigan -- extension to August 3, 2002, to 

acquire Gogebic Range Bank. 

- Granted, May 3, 2002 

Financial Holding Companies 

New York 

Popular, Inc., San Juan, Puerto Rico; Popular International Bank, Inc.; and Popular 

North America, Inc., Mt. Laurel, New Jersey -- elections to become financial holding 

companies. 

- Effective, April 30, 2002 

Membership 

Chicago 

Grundy County National Bank, Morris, Illinois -- to become a member of the Federal 

Reserve System. 

- Approved, May 3, 2002 

(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, May 4, 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. 

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, May 4, 2002

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch JP Morgan Chase Bank, New York, New York, to establish a 

branch office in The Centre at River Oaks Shopping Center, 

2435 West Alabama, Houston, Texas.

Newspaper – 06/01/2002

Branch Great Eastern Bank, Flushing, New York, to establish a branch 

office at 5501 8th Avenue, Brooklyn, New York.

Newspaper – 05/29/2002

Branch Bank of Smithtown, Smithtown, New York, to establish a 

branch at 293 Route 25A, Rocky Point, Suffolk County.

Newspaper – 05/15/2002

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

to establish a limited branch office at Brink’s Incorporated, 652 

Kent Avenue, Brooklyn, New York.

Newspaper – 05/13/2002

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, May 4, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch The Bryn Mawr Trust Company to establish a branch office 

located at 3601 West Chester Pike, Newtown Square, PA 

05/17/2002

18(c) Founders Bank, Bryn Mawr, PA, to merge with and into Equity 

Bank, Marlton, NJ. 

05/20/2002

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

Ending date of 

Type Application comment period 

CIC Peter DePaul, to purchase up to 19.9% of Madison Bancshares Newspaper: 05/14/2002 

Group, Ltd., Blue Bell, PA. Fed. Reg.: N/Avail 

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, May 4, 2002

Section I – Applications subject to newspaper notice only

Type Application

Ending date of 

comment period

Branch The Croghan Colonial Bank, Fremont, OH to establish a branch at 

an IGA store at 3994 East Harbor Road, Port Clinton, OH.*

05/11/2002

Branch The Fifth Third Bank Western Michigan, Grand Rapids, MI to 

establish a branch facility 4675 44th Street, Kentwood, MI.*

04/13/2002

Branch The Fifth Third Bank, Cincinnati, OH to establish a branch facility 

at 7132 Hamilton Avenue, Cincinnati, OH.*

05/07/2002

Branch The Fifth Third Bank, Cincinnati, OH to establish a branch facility 

at the northeast corner of Aurora Road and Crow Drive, 

Macedonia, OH.*

04/20/2002

* Subject to the provisions of the Community Reinvestment Act.

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

Type Application

Ending date of 

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of 

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

in May 1995.

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

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

facilities.

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

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 Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

443625 The Ottoville Bank Company

161 West Third Street

Ottoville, OH 45876

02/25/2002 05/01/2002 S X

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, May 4, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Peoples Bank of Virginia, Richmond, Virginia, to establish a 

branch at 7071 Commons Plaza, Chesterfield, Virginia.* 

Branch BankAnnapolis, Annapolis, Maryland, to establish a branch 

inside the Baywoods of Annapolis retirement community 

located at 7101 Bayfront Drive, Annapolis, Maryland.* 

Branch Allfirst Bank, Baltimore, Maryland, to establish a branch at 

10697 Braddock Road, Fairfax, Virginia.* 

Branch James Monroe Bank, Arlington, Virginia, to establish a drive-in 

branch facility at 10 West Market Street, Leesburg, Virginia.* 

Newspaper - 05/16/2002 

Newspaper - 05/17/2002 

Newspaper - 05/17/2002 

Newspaper - 05/22/2002 

*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 

CIC Michael Leo Middleton, individually and together with members 

of his immediate family, to control 11.96% of the voting shares 

of Tri-County Financial Corporation, Waldorf, Maryland.* 

4(c)(8) Royal Bank of Canada, Montreal, Canada, and RBC Centura 

Banks, Inc., Rocky Mount, North Carolina, to acquire Eagle 

Bancshares, Inc., Tucker, Georgia.* 

3(a)(1) Access National Corporation, Chantilly, Virginia, to become a 

bank holding company through the acquisition of 100% of the 

voting shares of Access National Bank, Chantilly, Virginia.* 

3(a)(3) First Citizens Bancorporation of South Carolina, Inc., Columbia, 

South Carolina, to acquire up to 10% of the outstanding shares 

of Trinity Bank, Monroe, North Carolina.* 

3(a)(5) Community Bankshares, Inc., Orangeburg, South Carolina, to 

merge with Ridgeway Bancshares, Inc., Ridgeway, South 

Carolina.* 

Fed Reg - 05/20/2002 

Newspaper - 05/21/2002 

Fed Reg - 05/24/2002 

Newspaper - 05/26/2002 

Fed Reg - 05/28/2002 

Newspaper - 05/20/2002 

Fed Reg - 05/31/2002 

Newspaper - N/Avail 

Fed Reg - 05/31-2002 

Newspaper - 06/07/2002 

*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 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, May 4, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

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

located at 1511 N. Westshore Boulevard, Tampa, Florida. 

Branch Orion Bank, Naples, Florida, to establish a branch located at 

1790 Main Street, Sarasota, Florida, to be known as the 

Downtown Sarasota Office. 

Branch Orion Bank, Naples, Florida, to establish a branch located at 

8181 South Tamiami Trail, to be known as the South Beneva 

Office. 

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

415 U.S. Highway 41, Lady Lake, Florida, to be known as the 

Lady Lake Branch. 

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

8785 Branch Avenue, Clinton, Maryland, to be known as the 

Clinton Crossing Safeway Office. 

05/08/2002* 

05/15/2002* 

05/15/2002* 

05/09/2002* 

05/16/2002* 

*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 

3(a)(5) Gwinnett Commercial Group, Inc., Lawrenceville, Georgia, to 

merge with Embry Bankshares, Inc., and thereby acquire Embry 

Bank, both of Lawrenceville, Georgia. 

N/Avail* 

3(a)(1) BankFIRST Bancorp, Inc., Winter Park, Florida, to become a 

bank holding company by acquiring BankFIRST, Winter Park, 

Florida. 

Fed Reg – 05/28/2002* 
Section II – Applications subject to both newspaper and Federal Register notice 

Ending date of 

Type Application comment period 

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. 

Newspaper – 05/09/2002 

*Subject to provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4(c)(8) Black Diamond Financial Group, Inc., Tampa, Florida, to 05/22/2002 

engage de novo in investment advisory activities through its 

wholly-owned subsidiary, Black Diamond Wealth Management, 

Inc., Tampa, Florida. 

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

Type Application 

COM Gwinnett Commercial Group, Inc., Lawrenceville, 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 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 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, May 4, 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 

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

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

Newspaper – N/Avail 

18(c) & Branches Midwest Bank and Trust Company, Elmwood Park, Illinois, to 

merge with Midwest Bank of Hinsdale, Hinsdale, Illinois and 

Midwest Bank of McHenry County, Union, Illinois and thereby 

to establish 7 branches.* 

Nespaper – N/Avail 

* 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 

CC Notice by the Friday Family (Beth Gore Friday, Mesa, Arizona; 

Allen Gore Friday, Atlantic, Iowa; Arthur Randall Friday, 

Houston, Texas; and Nola Kathleen Friday, Dallas, Texas) to 

retain control of Anita Bancorporation, Atlantic, Iowa and 

thereby to retain Rollings Hills Bank and Trust, Atlantic, Iowa. 

CC Notice by David Lee Gross to acquire greater than 10 percent of 

the outstanding shares of First Beardstown Bancorp, Inc., 

Beardstown, Illinois and thereby indirectly acquire First State 

Bank of Beardstown, Beardstown, Illinois. 

3(a)(3) Hometown Independent Bancorp, Inc. Employee Stock 

Ownership Plan and Trust, Morton, Illinois, for prior approval to 

acquire an additional 25,000 shares (6.6%) and thereby increase 

ownership to 37.1 percent of Hometown Independent Bancorp, 

Inc., Morton, Illinois, and thereby acquire Morton Community 

Bank, Morton, Illinois.* 

3(a)(1) Franklin Bancorp, Inc., Southfield, Michigan, to become a bank 

holding company by acquiring 100 percent of Franklin Bank, 

N.A., Southfield, Michigan.* 

Fed Reg – 05/14/2002 

Newspaper – N/Avail 

Fed Reg – 05/15/2002 

Newspaper – N/Avail 

Fed Reg – 05/30/2002 

Newspaper – N/Avail 

Fed Reg – 05/15/2002 

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

Ending date of 

Type Application comment period 

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

Madden, Chicago, Illinois, John J. Madden, LaGrange, Illinois, 

Martin P. Madden, LaGrange, Illinois, Lenore McCarter, 

LaGrange Park, Illinois, Marilyn Hessert, Cherry Hill, New 

Jersey, Thomas Hessert, Cherry Hill, New Jersey, Thomas 

Herbsrtitt Franklin Park, Illinois, Jane Lyman, Winnetka, 

Illinois, Julie Scanlon, Western Springs, Illinois, Debbie 

Maloney, Chicago, Illinois, and Amy Reardon, River Forest, 

Illinois; to acquire control of First Schaumburg Bancorporation, 

Inc., Schaumburg, Illinois; and through it to control its 

Fed Reg – 05/20/2002 

Newspaper – 05/20/2002 

subsidiary, Heritage Bank of Schaumburg, Schaumburg, Illinois; 

by utilizing Schaumburg Bancshares, Inc., Hinsdale, Illinois. 

First Schaumburg Bancorporation, Inc.'s name will be changed 

to Schaumburg Bancshares, Inc.

Notice by Gary F. Pribyl, Cedar Rapids, Iowa, of a Change in Fed Reg – 05/22/2002 

Control, to acquire 26.82 percent of Herky Hawk Financial Newspaper – N/Avail

Corp., Monticello, Iowa, as independent trustee of an 

irrevocable voting trust, and thereby indirectly acquire Citizens 

State Bank, Monticello, Iowa.

* 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 

None 

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, May 4, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Arvest Bank, Fayetteville, Arkansas, to establish a branch 

facility to be located at 200 Commerce Street, Suite 100, Little 

Rock, Arkansas.* 

Branch The Farmers & Merchants Bank, Stuttgart, Arkansas, to 

establish a branch facility to be located at 1950 Whitehead 

Drive, DeWitt, Arkansas.* 

Branch Fifth Third Bank, Kentucky, Inc., Louisville, Kentucky, to 

establish a branch facility to be located at 100 Lawson Drive, 

Georgetown, Kentucky.* 

Newspaper 05/13/2002 

Newspaper – 05/24/2002 

Newspaper – 05/24/2002 

* 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 

CIC Notice by Charles Donald Ransdell to retain control of Franklin 

Bancshares, Inc., Franklin, Illinois. (Previously submitted during 

the week ending April 27, 2002) 

3A1 First Southern Bancshares, Inc., Carbondale, Illinois, to become 

a bank holding company by acquiring 100 percent of Shawnee 

Bancshares, Inc., Grand Tower, Illinois, and thereby indirectly 

acquire it subsidiary bank, Shawnee State Bank, Grand Tower, 

Illinois.* 

3A5 South Central Bancshares, Inc., Russellville, Kentucky, to merge 

with Commerce Bancshares, Inc., Franklin, Tennessee, and 

thereby indirectly acquire Peoples State Bank of Commerce, 

Trenton, Tennessee.* (Previously submitted during the week 

ending April 27, 2002) 

Newspaper – 05/27/2002 

Fed Reg – 05/15/2002 

Newspaper – 05/30/2002 

Fed Reg – 05/31/2002 

Newspaper – 05/31/2002 

Fed Reg – 05/30/2002 

* 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 

4c8 South Central Bancshares, Inc., Russellville, Kentucky, proposes Fed Reg – 05/03/2002 

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

credit through the acquisition of Citizens Corporation, Franklin, 

Tennessee. It also proposes to engage in general insurance 

agency services in a town of less than 5,000, through Citizens & 

Peoples Insurance, Inc., Grant, Alabama. Citizens & Peoples 

Insurance, Inc., is a subsidiary of Citizens Corporation. 

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, May 4, 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 

3A3 Wadena Bankshares, Inc., Wadena, Minnesota, to acquire 100 Newspaper-N/Avail Fed 

percent of Baron Bancshares II, Inc., White Bear Lake, Reg-05/28/2002 

Minnesota, and thereby indirectly acquire Security State Bank of 

Deer Creek, Deer Creek, Minnesota.* 

* 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 

341851 Clinton State Bank, Clinton, 1/22/2002 4/29/2002 S X 

Minnesota 

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, May 4, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch First Bank of Medicine Lodge, Medicine Lodge, Kansas, to 

establish a branch at 328 E. Main Street, Gardner, Kansas. 

Newspaper –04/24/2002 

Branch Centennial Bank of the West, Fort Collins, Colorado, to 

establish a branch at 1401 South Taft Avenue, Loveland, 

Colorado. 

Newspaper - 05/09/2002 

Branch Premier Bank, Lenexa, Kansas, to establish a branch at 1925 

Burlington, North Kansas City, Missouri. 

Newspaper - 05/15/2002 

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

Ending date of 

Type Application comment period 

3a3 J.R. Montgomery Bancorporation, Lawton, Oklahoma, to 

acquire an additional 11.8 percent, for a total of 50.1 percent of 

the voting shares of Fort Sill National Bank, Fort Sill, 

Oklahoma. 

3a3 Farmers State Bank of Fort Morgan Employee Stock Ownership 

Plan, Fort Morgan, Colorado, to acquire up to 38 percent of the 

voting shares of FSB Bancorporation, Inc., Fort Morgan, 

Colorado, parent of Farmers State Bank, Fort Morgan, Colorado. 

3a3 Meader Insurance Agency, Inc., Waverly, Kansas, to acquire up 

to 11.02 percent of the voting shares of 1st Financial Bancshares, 

Inc., Overland Park, Kansas, parent of 1st Financial Bank, 

Overland Park, Kansas; Centerville State Bank, Centerville, 

Kansas; and Sylvan Agency, Inc., Sylvan Grove, Kansas. 

4c8 Meader Insurance Agency, Inc., Waverly, Kansas, to acquire up 

to 11.02 percent of the voting shares of 1st Financial Bancshares, 

Inc., Overland Park, Kansas, parent of Sylvan Agency, Inc., 

Sylvan Grove, Kansas and thereby indirectly engage in 

insurance activities. 

Newspaper – 05/18/2002 

Fed Reg – 05/24/2002 

Newspaper – 05/22/2002 

Fed Reg – 05/28/2002 

Newspaper – 06/07/2002 

Fed Reg – 05/28/2002 

Newspaper – 06/07/2002 

Fed Reg – 05/28/2002 
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 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, May 4, 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) MOW/RPW Management II, Inc., Victoria, TX, to acquire 

MOW/RPW II, Ltd., Victoria, TX, FVNB Corp, Victoria, TX, 

FVNB Delaware Corp, Wilmington, DE First Victoria National 

Bank, Victoria, TX, and Citizens Bank of Texas, National 

Association, New Waverly, TX* 

3(a)(1) MOW/RPW II, Ltd., Victoria, TX, to acquire FVNB Corp, 

Victoria, TX, FVNB Delaware Corp, Wilmington, DE First 

Victoria National Bank, Victoria, TX, and Citizens Bank of 

Texas, National Association, New Waverly, TX* 

Fed Reg – 06/03/02 

Newspaper – 05/20/02 

Fed Reg – 06/03/02 

Newspaper – 05/20/02 

*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 availa ble. 

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, May 4, 2002

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 David F. Moorhouse, Friday Harbor, Washington, to 

increase his shares in San Juan Bank Holding Company, Friday 

Harbor, Washington.*

Newspaper – 04/24/2002

Fed Reg – 04/16/2002

3(a)(1) First Financial Holding Co., Ltd., Taipei, Taiwan, to become a bank 

holding company by acquiring 100 percent of First Commercial 

Bank Co., Ltd., Taipei, Taiwan, and thereby indirectly acquire First 

Commercial Bank (USA), Alhambra, California. Bank of Taiwan, 

Taipei, Taiwan, to acquire at least 12.32 percent of the voting 

shares of First Financial Holding Co., Ltd., Taipei, Taiwan, and 

First Commercial Bank (USA), Alhambra, California.*

Newspaper – 05/29/2002

Fed Reg – 05/31/2002

* 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) Capital Corp of the West, Merced, California, proposes to engage 

in investment advisory activities through the acquisition of Regency 

Investment Advisors, Fresno, 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 Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Third Quarter of 2002

Institution Location

Bank of Orange County Fountain Valley, California

Barnes Banking Company Kaysville, Utah

Cache Valley Bank Logan, Utah

Farmers & Merchants Bank of Long Beach Long Beach, California

Ireland Bank Malad City, Idaho

Pierce Commercial Bank Tacoma, Washington

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.