Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 33

Week Ending August 16, 2003

Board of Governors of the Federal Reserve System, Washington, DC 20551
August 10, 2003 to August 16, 2003

BS&R

C&CA

FOMC

RBOPS

IF

OSDM

Banking Supervision and Regulation

Consumer and Community Affairs

Federal Open Market Committee

Reserve Bank Operations and Payment Systems

International Finance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

AmSouth Bank, Birmingham, Alabama -- to establish branches at 751 Duval Station 

Road, Jacksonville, Florida; 4422 Southside Boulevard; 3524 Lakeland Highlands Road, 

Lakeland; 6070 Carothers Parkway, Franklin, Tennessee; and 10050 Coursey 

Boulevard, Baton Rouge, Louisiana.

- Approved, August 12, 2003 

Atlanta

Compass Bank, Birmingham, Alabama -- to establish branches at the intersection of 

South Hulen Street and Bellaire Drive South, Fort Worth, Texas, and the intersection of 

FM 720 and FM 423, Dallas.

- Approved, August 14, 2003 

Atlanta

Edmond Bank and Trust, Edmond, Oklahoma -- to establish a branch at 2800 North 

Kelly Avenue.

- Approved, August 14, 2003 

Kansas City

Sky Bank, Salineville, Ohio -- to establish a branch at 501 West Schrock Road, 

Westerville.

- Approved, August 15, 2003 

Cleveland

Southern Financial Bank, Warrenton, Virginia -- to establish a branch at 1001 East Main 

Street, Richmond.

- Approved, August 11, 2003 

Richmond

SouthTrust Bank, Birmingham, Alabama -- to establish a branch at 12851 Bonita Beach 

Road Southeast, Bonita Springs, Florida.

- Approved, August 11, 2003 

Atlanta

(AC) = Addition or Correction Delegated - Page 1 of 7
H.2 Actions under delegated authority August 10, 2003 to August 16, 2003

Bank Holding Companies

Carver Financial Corporation, Savannah, Georgia -- to become a bank holding company 

through the acquisition of The Carver State Bank.

- Approved, August 13, 2003 

Atlanta

First National Bank of Berryville Employee Stock Ownership Trust, Berryville, Arkansas, 

and First Carroll Bankshares -- to engage in leasing personal property.

- Approved, August 12, 2003 

St. Louis

Gaslight Leasing, Inc., Fremont, California -- to become a bank holding company through 

the acquisition of Fremont Bancorporation and Fremont Bank.

- Withdrawn, August 14, 2003 

San Francisco

Hinsbrook Bancshares, Inc., Willowbrook, Illinois -- to engage de novo in extending 

credit and servicing loans.

- Approved, August 12, 2003 

Chicago

Pebblespring Holding Company, Berwyn, Pennsylvania -- to become a bank holding 

company through the acquisition of Eagle National Bank, Upper Darby.

- Approved, August 15, 2003 

Philadelphia

Red River Bancshares, Inc., Alexandria, Louisiana -- to acquire Bank of Lecompte, 

Lecompte, and to merge its subsidiary, Red River Bank, Alexandria, with Bank of 

Lecompte, and thereby establish a branch.

- Approved, August 14, 2003 

Atlanta

(AC) = Addition or Correction Delegated - Page 2 of 7
H.2 Actions under delegated authority August 10, 2003 to August 16, 2003

Bank Holding Companies

The Royal Bank of Scotland Group plc, Edinburgh, Scotland; The Royal Bank of 

Scotland plc; RBSG International Holdings; Citizens Financial Group, Inc., Providence, 

Rhode Island; and Citizens Bank of Massachusetts, Boston, Massachusetts -- waiver of 

application to acquire Community Bancorp, Inc., Hudson, Massachusetts, in connection 

with the merger of Community Bancorp's subsidiary, Community National Bank, and 

Citizens Financial Group's subsidiary, Citizens Bank of Massachusetts.

- Granted, August 11, 2003 

Secretary

Banks, State Member

Valley Independent Bank, El Centro, California -- request for an exemption from section 

23A of the Federal Reserve Act.

- Granted, August 14, 2003 

Director, BS&R

Change In Bank Control

NorthStar Bancshares, Inc., Estherville, Iowa -- change in bank control.

- Permitted, August 12, 2003 

Chicago

NorthWest Indiana Bancorp, Munster, Indiana -- change in bank control.

- Permitted, August 15, 2003 

Chicago

Spirit Bankcorp, Inc., Bristow, Oklahoma -- change in bank control.

- Permitted, August 12, 2003 

Kansas City

Vernon Bancshares, Inc., Leesville, Louisiana -- change in bank control.

- Permitted, August 13, 2003 

Atlanta

(AC) = Addition or Correction Delegated - Page 3 of 7
H.2 Actions under delegated authority August 10, 2003 to August 16, 2003

Competitive Factors Reports

American National Bank, Holstein, Iowa -- report on competitive factors of the proposed 

merger with American National Bank, Sac City, and Western Bank & Trust, N.A., 

Moville.

- Submitted, August 13, 2003 

Chicago

Beardstown Savings, SB, Beardstown, Illinois -- report on competitive factors of the 

proposed merger with the Mt. Sterling branch of First Federal Bank, Colchester.

- Submitted, August 13, 2003 

Chicago

Blackhawk State Bank, Beloit, Wisconsin -- report on competitive factors of the 

proposed merger with First Bank, BC, Capron, Illinois.

- Submitted, August 11, 2003 

Chicago

Citizens State Bank and Trust, Fort Atkinson, Wisconsin -- report on competitive factors 

of the proposed purchase of assets and assumption of liabilities of the Cambridge branch 

of M&I Marshall & Ilsley Bank, Milwaukee.

- Submitted, August 11, 2003 

Chicago

The Columbia Savings Bank, Cincinnati, Ohio -- report on competitive factors of the 

proposed merger with Corryville Savings Bank.

- Submitted, August 13, 2003 

Cleveland

Farmers Savings Bank, Colesburg, Iowa -- report on competitive factors of the proposed 

merger with the Arlington branch of Union Planters Bank, N.A., Memphis, Tennessee.

- Submitted, August 13, 2003 

Chicago

Farmers State Bank, Maywood, Nebraska -- report on competitive factors of the 

proposed merger with State Bank of Trenton, Trenton.

- Submitted, August 11, 2003 

Kansas City

(AC) = Addition or Correction Delegated - Page 4 of 7
H.2 Actions under delegated authority August 10, 2003 to August 16, 2003

Competitive Factors Reports

First Bank & Trust, SB, Paris, Illinois -- report on competitive factors of the proposed 

acquisition of the Savoy branch of First National Bank of Sullivan, Sullivan.

- Submitted, August 13, 2003 

Chicago

FSGBank, N.A., Chattanooga, Tennessee -- report on competitive factors of the 

proposed merger with FSGBank, N.A., Maynardville, and FSGBank, N.A., Dalton, 

Georgia, as part of a corporate reorganization.

- Submitted, August 15, 2003 

Atlanta

Johnson Bank, Racine, Wisconsin -- report on competitive factors of the proposed 

merger with Johnson Trust Company.

- Submitted, August 11, 2003 

Chicago

Kentucky Bank, Paris, Kentucky -- report on competitive factors of the proposed merger 

with First FSB, Cynthiana, Ohio.

- Submitted, August 13, 2003 

Cleveland

Mid-State Bank & Trust, Arroyo Grande, California -- report on competitive factors of 

the proposed merger with Ojai Valley Bank, Ojai.

- Submitted, August 12, 2003 

San Francisco

The National Bank, Bettendorf, Iowa -- report on competitive factors of the proposed 

purchase of certain assets and assumption of certain deposit liabilities of the Sterling, 

Canton, and Havana, Illinois, branches of First Bank, Creve Coeur, Missouri.

- Submitted, August 14, 2003 

Chicago

Perry State Bank, Perry, Iowa -- report on competitive factors of the proposed merger 

with Raccoon Valley State Bank, Adel.

- Submitted, August 13, 2003 

Chicago

(AC) = Addition or Correction Delegated - Page 5 of 7
H.2 Actions under delegated authority August 10, 2003 to August 16, 2003

Extensions Of Time

Citizens Bancshares, Inc., ESOP, Edmond, Oklahoma -- extension to November 19, 

2003, to acquire shares of Citizens Bancshares, Inc. and Citizens Bank of Edmond.

- Granted, August 13, 2003 

Kansas City

First United Bank, Englewood, Colorado -- extension to November 16, 2003, to 

establish a branch on South Wilcox Street, Castle Rock.

- Granted, August 13, 2003 

Kansas City

Highlands Union Bank, Abingdon, Virginia -- extension to November 20, 2003, to 

establish a branch at State Highway 394 and Blountville Boulevard, Bristol, Tennessee.

- Granted, August 15, 2003 

Richmond

PNB Bancshares, Inc., Pekin, Illinois -- extension to November 20, 2003, to become a 

bank holding company through the acquisition of Pekin National Bank.

- Granted, August 14, 2003 

Chicago

UCB Financial Group, Inc., Atlanta, Georgia -- extension to November 20, 2003, to 

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

de novo bank.

- Granted, August 14, 2003 

Atlanta

Membership

BancFirst, Oklahoma City, Oklahoma -- request to waive the six months' notice of 

withdrawal from membership in the Federal Reserve System.

- Granted, August 11, 2003 

Kansas City

Marblehead Savings Bank, Marblehead, Massachusetts -- membership in the Federal 

Reserve System.

- Approved, August 13, 2003 

Boston

(AC) = Addition or Correction Delegated - Page 6 of 7
H.2 Actions under delegated authority August 10, 2003 to August 16, 2003

Membership

Peoples State Bank of Truman, Inc., Truman, Minnesota -- membership in the Federal 

Reserve System.

- Approved, August 14, 2003 

Minneapolis

PointBank, Pilot Point, Texas -- membership in the Federal Reserve System.

- Approved, August 12, 2003 

Dallas

(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, August 16, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

3(a)(5)(c) Community Guaranty Corporation, Plymouth, New Hampshire -

notification to become a bank holding company and acquire 

100% of the stock of Community Guaranty Savings Bank, 

Plymouth, New Hampshire
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 4th Quarter of 2003

Institution Location

Franklin Savings Bank Farmington, Maine

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances.
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, August 16, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch The Adirondack Trust Company, Saratoga Springs, New York,

to establish a branch at 220 Church Street, Saratoga County, 

New York.

Newspaper – 09/08/2003

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

Type Application

Ending date of

comment period

3A1 TrustCompany Bancorp, Jersey City, New Jersey, to become a 

one-bank holding company with respect to The Trust Company 

of New Jersey, Jersey City, New Jersey.

Newspaper – 09/10/2003

Fed Reg – 09/12/2003

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Fourth Quarter of 2003

Institution Location

Mizuho Corporate Bank 55 East 52nd Street, New York, New York 10055

Redwood Bank 1000 Coffeen Street, Watertown, New York 13601

BPD International Bank 152 West 57th Street, New York, New York 10019

Solvay Bank 1537 Milton Avenue, Solvay, New York 13209

Peapack Gladstone Bank 158 Route 206 North, Gladstone, New Jersey 07934

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances.
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, August 16, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for 4

th Quarter of 2003

Institution Location

Lafayette Ambassador Bank Easton, PA
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, August 16, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

213912 The Apple Creek Banking Company

3 West Main Street

Apple Creek, Ohio 44606

06/02/2003 08/13/2003 O 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, August 16, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

branch at 8221 Old Courthouse Road, Vienna, Virginia.*

Newspaper – 08/26/2003

*Subject to the provisions of the Community Reinvestment Act. 

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

25A Bank of America, N. A., Charlotte, North Carolina, and its Edge 

Corporation subsidiary, Bank of America Overseas Corporation, 

both of Charlotte, North Carolina, to increase the investment in 

BoA Netherlands Cooperatieve U.A., Amsterdam, The 

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

Type Application

3(a)(1) New Century Bancorp, Inc., Dunn, North Carolina, to become a 

bank holding company through the acquisition of 100% of the 

voting shares of New Century Bank, Dunn, North Carolina.

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

804422 Farmers & Merchants Bank of 

Craig County 

306 Main Street

New Castle, Virginia 24127

06/02/2003 08/15/2003 O X

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, August 16, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

located at 4359 13th Street, St. Cloud, Florida, to be known as 

the St. Cloud Branch.*

Newspaper-08/25/2003

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

located at 4501 Cortez Road West, Bradenton, Florida, to be 

known as the Bradenton-Cortez Road Branch.* 

Newspaper-08/28/2003

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

located at 5221 Clark Road, Sarasota, Florida, to be known as 

the Sarasota-Clark Road Branch.*

Newspaper-08/28/2003

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

located at 5089 East State Road 64, Bradenton, Florida, to be 

known as the Bradenton-SR 64 Publix Branch.*

Newspaper-08/28/2003

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

located at 648 Long Point Road, Mt. Pleasant, South Carolina, to 

be known as the Belle Hall Office.*

Newspaper-08/28/2003

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

located at 19440 Bruce B Downs Boulevard, Tampa, Florida, to 

be known as the Pebble Creek Office.*

Newspaper-08/28/2003

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

4338 Paces Ferry Road, Atlanta, Georgia, to be known as the 

Vining Office.*

Newspaper-08/23/2003

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

4325 Atlanta Highway, Loganville, Georgia, to be known as the 

Publix at Loganville Towne Centre Office.*

Newspaper-08/23/2003

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

the intersection of Riverside Parkway and Lansdowne

Boulevard, Leesburg, Virginia, to be known as the Lansdowne 

Office.*

Newspaper-08/23/2003

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

43150 Broadlands Center Safeway, Ashburn, Virginia, to be 

known as the Broadlands Safeway In-Store Office.*

Newspaper-08/23/2003

*Subject to provisions of the Community Reinvestment Act
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(5) The Colonial BancGroup, Inc., Montgomery, Alabama, to merge 

with Sarasota Bancorporation, Inc., Sarasota, Florida, and 

thereby acquire its subsidiary, Sarasota, Bank, Sarasota, 

Florida.*

Newspaper-09/11/2003

Fed Reg-09/04/2003

3(a)(3) Community Capital Bancshares, Inc., Dothan, Alabama, to 

acquire 100 percent of the outstanding shares of First Bank of 

Dothan, Inc., Dothan, Alabama.*

Newspaper-09/06/2003

Fed Reg-09/04/2003

3(a)(1) Freedom Bancshares, Inc., Commerce, Georgia, to become a 

bank holding company by acquiring Freedom Bank of Georgia, 

Commerce, Georgia (in organization).*

Newspaper-N/Avail

Fed Reg-09/15/2003

CIC First Bankshares of St. Martin, Ltd., Breaux Bridge, Louisiana, 

prior change in control notice by Mr. John Alfred Melancon to 

acquire an additional 5.32 percent of the outstanding shares of 

First Bankshares of St. Martin, Ltd., Breaux Bridge, Louisiana. 

Total ownership will equal 15.01 percent.

Newspaper-N/Avail

Fed Reg-09/03/2003

*Subject to provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

COM Horizon Bancorp, Inc., commitment waiver request.

3(a)(1) KSB Bancorp, Inc., Kaplan, Louisiana, notice to become a bank 

holding company by acquiring Kaplan State Bank, Kaplan, 

Louisiana.
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

360834 Bank of Dadeville

Post Office Box 38

Dadeville, Alabama 36853

(256) 825-4284

04/21/2003 08/06/2003 S X

Section VI – CRA examinations scheduled for Fourth Quarter of 2003

Institution Location

Regions Bank Birmingham, Alabama

First Western Bank Cooper City, Florida

Peoples Bank & Trust Birmingham, Alabama

Bank of Alabama Birmingham, Alabama

Capital City Bank Tallahassee, Florida

First Navy Bank Pensacola, Florida

PanAmerican Bank Hollywood, Florida

Brand Banking Company Lawrenceville, Georgia

Coconut Grove Bank Miami, Florida

United Bank & Trust Company St. Petersburg, Florida

Metro Bank of Dade County Miami, Florida
Section VI – CRA examinations scheduled for Fourth Quarter of 2003

Institution Location

The Farmers Bank Union Point, Georgia

Red River Bank Alexandria, Louisiana

Peoples Southern Bank Clanton, Alabama

Commercial Bank of Harrogate Harrogate, Tennessee

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances.
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, August 16, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18C & Branches Baylake Bank, Sturgeon Bay, Wisconsin, to purchase the assets 

of the Kewaunee, Wisconsin branch of M&I Marshall & Ilsley 

Bank, Milwaukee, Wisconsin, and thereby to establish a branch 

at 1334 Ellis Street, Kewaunee, Wisconsin.*

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(3) & 4(c)(8) First Fontanelle Bancorporation, Inc., Fontanelle, Iowa, to 

acquire 100 percent of the voting shares of Corn Belt 

Bancorporation, Inc., Anita, Iowa, and thereby indirectly acquire 

Union National Bank, Anita, Iowa, and to acquire Corn Belt 

Insurance Agency, Massena, Iowa, and thereby to engage in 

insurance agency activities.*

Fed Reg – 08/18/2003

Newspaper – 08/23/2003

CIC Notice by Daniel A. Hamann, Omaha, Nebraska, Esther 

Hamann Brabec, Omaha, Nebraska, and Julie Hamann 

Bunderson, Elkhorn, Nebraska, both "acting in concert" and 

each individually to gain control of Great Western 

Bancorporation, Inc., Omaha, Nebraska.

Fed Reg – 08/01/2003

Newspaper – 08/13/2003

3(a)(1) TeamCo, Inc., Oak Lawn, Illinois, to become a bank holding 

company through the acquisition of 100 percent of the voting 

shares of Oak Lawn Bank, Oak Lawn, Illinois.*

Fed Reg – 08/15/2003

Newspaper – 08/17/2003

CIC Notice by Frank E. Powers, Defiance, Iowa, to acquire 22.33 

percent interest in Union Bancorporation, Defiance, Iowa, and 

thereby indirectly acquire Defiance State Bank, Defiance, Iowa.

Fed Reg – 08/15/2003

Newspaper – N/Avail

3(a)(3) Wintrust Financial Corporation, Lake Forest, Illinois, to acquire 

100 percent of the voting shares of Advantage National 

Bancorp, Inc., Elk Grove Village, Illinois, and thereby indirectly 

acquire Advantage National Bank, Elk Grove Village, Illinois.*

Fed Reg – 09/05/2003

Newspaper – 08/30/2003
Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

COM Town Bankshares, Ltd., Deerfield, Wisconsin, request relief 

from the commitment not to incur any debt without the approval 

of the Reserve Bank.

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

412135 Cole Taylor Bank

850 W. Jackson Blvd.

Chicago, Illinois 60607

(312) 738-2000

12/02/2002 08/11/2003 O 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, August 16, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Legacy Bank & Trust Company, Plato, Missouri, to establish a 

branch facility to be located at 721 North Main Street, Mountain 

Grove, Missouri.*

Newspaper – 08/28/2003

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

CIC Notice by The Mike Wilson Descendents' Trust, Jacksonville, 

Arkansas, to increase its control of First Arkansas Bancshares, 

Inc., Jacksonville, Arkansas ("Bancshares"). Also, The Wilson 

Family Control Group to retain control of Bancshares. The 

Wilson Family Control Group consists of Larry T. Wilson, 

Michael K. Wilson, Kathryn W. Roberts, and the following 

trusts for whom they serve as trustees; the Kenneth Pat Wilson 

Annual Gift Trust, the Larry Timothy Wilson Annual Gift Trust, 

the Kathryn Patricia Wilson Roberts Annual Gift Trust, the 

Michael K. Wilson Annual Gift Trust, and The Mike Wilson 

Descendents' Trust, all of Jacksonville, Arkansas.

Newspaper – 09/02/2003

Fed Reg – 09/04/2003

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

825940 Bank of Buffalo

Buffalo, Kentucky

06/02/2003 08/15/2003 N/A X

145059 Bank of Halls

Halls, Tennessee

06/02/2003 08/16/2003 N/A X

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, August 16, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

CIC Change in control notice by Gale Mark Hoese, David Kurt 

Hoese, Terry Clayton Hoese, Glencoe, Minnesota, and Todd 

Curtis Hoese, Waconia, Minnesota, to gain control of 

Commercial Bancshares, Inc., Bloomington, Minnesota.

Fed Reg- 09/04/2003

Newspaper- 09/02/2003

3(a)(5) Farmers & Merchants Financial Services Inc., St. Paul, 

Minnesota, to merge with Eau Claire Financia l Services, Inc., St. 

Paul, Minnesota, and thereby indirectly acquire American Bank, 

Eau Claire, Wisconsin, and American Bank, Lake City, 

Minnesota.*

Fed Reg- 09/02/2003

Newspaper- 09/01/2003

*Subject to the provisions of the Community Reinvestment Act.

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) First Sleepy Eye Bancorporation, Inc., Sioux Falls, South 

Dakota, to acquire First State Agency, Storden, Minnesota, and 

thereby engage in general insurance agency activities in a town 

with a population of less than 5,000.

Fed Reg- 08/28/2003
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for 4th Quarter of October 1, 2003-December 31, 2003

Institution Location

Citizen’s State Bank of Ontonagon Ontonagon, Michigan

United Bankers’ Bank Bloomington, Minnesota

Ridgedale State Bank Minnetonka, Minnesota

Plaza Park State Bank Waite Park, Minnesota

American Bank of Montana Bozeman, Montana

Valley Bank of Helena Helena, Montana

First Valley Bank Seeley Lake, Montana

First PREMIER Bank Sioux Falls, South Dakota

Peoples Bank of Wisconsin Hayward, Wisconsin
Section VI – CRA examinations scheduled for 4th Quarter of October 1, 2003-December 31, 2003

Institution Location

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.

Examinations may have to be rescheduled during the calendar quarter in which they are designated to begin. If 

and institution’s examination is rescheduled for a date later than the end of the date range reflected in a published 

schedule, the institution’s name will be republished in an appropriate later listing. Any comments received, as a 

result of either the first publication or subsequent publications will be considered during the examination. 

Written comments regarding the CRA performance of these institutions should be directed to Mr. Jim Colwell at 

the Federal Reserve Bank of Minneapolis, Supervision Regulation and Credit Division. P.O. Box 291, 

Minneapolis, Minnesota 55480-0291
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, August 16, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) Gold Bank, Leawood, Kansas, to merge with Gold Bank, 

Hennessey, Oklahoma, and incident thereto, to establish several 

branches.

Newspaper - 09/11/2003

18(c) The Ravenna Bank, Ravenna, Nebraska (to be renamed Town & 

Country Bank, Ravenna, Nebraska), to merge with Pleasanton 

State Bank, Pleasanton, Nebraska, and incident thereto, to 

establish several branches.

Newspaper - 09/13/2003

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

Type Application

Ending date of

comment period

CIC Notice submitted by the Clarence R. Wright, Jr. 2003 Family 

Trusts and its trustees: Clarence Rankin ("Randy") Wright, III, 

Yukon Oklahoma; and Roger Dean Rinehart, El Reno, 

Oklahoma, to acquire control of International Bancshares of 

Oklahoma, Inc., Yukon, Oklahoma, parent of Yukon National 

Bank, Yukon, Oklahoma.

Newspaper - N/Avail

Fed Reg - 09/02/2003

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

Premises 1

st Bank and Trust, Broken Bow, Oklahoma, to increase its 

investment in bank premises in the amount of $400,000.
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

59754 Bank of Wyandotte

Main & Broadway

Wyandotte Oklahoma

06/02/2003 S X

139553 Citizens Security Bank & Trust

Company

14821 S. Memorial

Bixby, Oklahoma 74008-4459

05/19/2003 08/14/2003 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, August 16, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

3(a)(1) Myers Bancshares, Inc., Fort Worth, TX, and Myers 

Intermediate Bancshares, Inc., Dover, DE, to acquire

Woodhaven National Bank, Fort Worth, TX*

3(a)(1) Myers Intermediate Bancshares, Inc., Dover, DE, to acquire

Woodhaven National Bank, Fort Worth, TX*

3(a)(1) Rio Financial Services, Inc., McAllen, TX, and Rio Delaware 

Corporation, Wilmington, DE, to acquire Rio Bank, McAllen, 

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

Type Application

3(a)(1) Rio Delaware Corporation, Wilmington, DE, to acquire Rio 

Bank, McAllen, TX*

* Subject to the provisions of the Community Reinvestment Act

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 applic ation 

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Fourth Quarter of 2003

Institution Location

Texas Bank Weatherford, Texas 491569

First State Bank Keene, Texas 867650

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances.
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, August 16, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

3(a)(5)(C) Valley Commerce Bancorp, Ltd., Phoenix, Arizona, to become a 

bank holding company by acquiring 100 percent of Valley 

Commerce Bank, Phoenix, Arizona.

Member Community Banks of Tracy, Tracy, California, to become a 

member of the Federal Reserve System.
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for 4th Quarter of 2003

Institution Location

Central California Bank Sonora, California

Northstar Bank Seattle, Washington

Silicon Valley Bank Santa Clara, California

Vintage Bank Napa, California

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.