Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 38

Week Ending September 23, 2006

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions September 17, 2006 to September 23, 2006

Testimony And Statements

Nontraditional Mortgage Products -- statement by Sandra F. Braunstein, Director, 

Division of Consumer and Community Affairs, before the Subcommittee on 

Housing and Transportation and the Subcommittee on Economic Policy of the 

Senate Committee on Banking, Housing, and Urban Affairs.

- Published, September 20, 2006 

Board Operations

Division of Banking Supervision and Regulation -- appointment of Roger T. Cole 

as Director.

- Approved, September 20, 2006 

Forms

Survey of Consumer Finances (FR 3059) -- final Board review to conduct the ninth 

triennial survey.

- Approved, September 20, 2006 

(AC) = Addition or Correction Board - Page 1 of 1
September 17, 2006 to September 23, 2006

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

Clear Lake Bank and Trust Company, Clear Lake, Iowa -- to establish a branch in 

the 2900 block of 4th Street Southwest, Mason City.

- Approved, September 22, 2006 

Chicago

Compass Bank, Birmingham, Alabama -- to establish branches at the intersections 

of Taylor and Vaughn Roads, Montgomery; West Magee Road and North LaCholla 

Boulevard, Tucson, Arizona; Central Avenue East and Tramway Boulevard 

Northeast, Albuquerque, New Mexico; Highway 287 and Bailey Boswell Road, 

Fort Worth, Texas; and Bandera and Grissom Roads, San Antonio.

- Approved, September 19, 2006 

Atlanta

DeMotte State Bank, De Motte, Indiana -- to establish a branch at 211 West Drexel 

Parkway, Rensselaer.

- Approved, September 19, 2006 

Chicago

Farmers & Mechanics Bank, Frederick, Maryland -- to establish a branch at 12916 

Conamar Drive, Hagerstown.

- Withdrawn, September 22, 2006 

Richmond

Fifth Third Bank, Cincinnati, Ohio -- to establish a branch at 5750 North Main 

Street, Dayton.

- Approved, September 20, 2006 

Cleveland

Fifth Third Bank, Cincinnati, Ohio -- to establish a branch at 20 South Tuttle Road, 

Springfield.

- Approved, September 20, 2006 

Cleveland

(AC) = Addition or Correction Delegated - Page 1 of 6
H.2 Actions under delegated authority September 17, 2006 to September 23, 2006

Bank Branches, Domestic

Fifth Third Bank, Grand Rapids, Michigan -- to establish a branch at 2644 

Showplace Drive, Naperville, Illinois.

- Approved, September 20, 2006 

Cleveland

Fifth Third Bank, Grand Rapids, Michigan -- to establish a branch at 7770 66th 

Street, Pinellas Park, Florida.

- Approved, September 20, 2006 

Cleveland

Fifth Third Bank, Grand Rapids, Michigan -- to establish a branch at 1950 West 

33rd Street, Chicago, Illinois.

- Approved, September 20, 2006 

Cleveland

First Community Bank, Taos, New Mexico -- to establish a branch at 701 West 

Deer Valley Road, Phoenix, Arizona.

- Approved, September 21, 2006 

Secretary

First Community Bank, Taos, New Mexico -- to establish a branch at 1580 North 

Fiesta Boulevard, Suite 102, Gilbert, Arizona.

- Withdrawn, September 21, 2006 

Kansas City

Hinsbrook Bank and Trust, Willowbrook, Illinois -- to establish a branch at 311 

North Second Street, St. Charles.

- Approved, September 18, 2006 

Chicago

Lafayette Ambassador Bank, Easton, Pennsylvania -- to establish a branch at the 

intersection of North Third and East Landis Streets, Coopersburg.

- Approved, September 18, 2006 

Philadelphia

(AC) = Addition or Correction Delegated - Page 2 of 6
H.2 Actions under delegated authority September 17, 2006 to September 23, 2006

Bank Branches, Domestic

Monarch Bank, Chesapeake, Virginia -- to establish a branch at 150 Boush Street, 

Norfolk.

- Approved, September 20, 2006 

Richmond

Orion Bank, Naples, Florida -- to establish a branch at 2225 First Street, Fort Myers.

- Approved, September 20, 2006 

Atlanta

Regions Bank, Birmingham, Alabama -- to establish a branch at 3700 Glenwood 

Avenue, Raleigh, North Carolina.

- Approved, September 19, 2006 

Atlanta

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

at 11163 Nuckols Road, Glen Allen.

- Approved, September 20, 2006 

Richmond

Bank Holding Companies

Capitol Bancorp Ltd., Lansing, Michigan, and Capitol Development Bancorp 

Limited V -- to acquire 51 percent of the shares of 1st Commerce Bank, North Las 

Vegas, Nevada, a de novo bank.

- Approved, September 20, 2006 

Chicago

F. & M. Bancorp. of Tomah, Inc., Tomah, Wisconsin -- to purchase certain loans 

originated by Farmers & Merchants Bank of Tomah.

- Approved, September 22, 2006 

Chicago

First Baldwin Bancshares, Inc., Foley, Alabama -- to become a bank holding 

company and to acquire First National Bank of Baldwin County.

- Approved, September 19, 2006 

Atlanta

(AC) = Addition or Correction Delegated - Page 3 of 6
H.2 Actions under delegated authority September 17, 2006 to September 23, 2006

Bank Holding Companies

Graystone Financial Corp, Lancaster, Pennsylvania -- to become a bank holding 

company and to acquire Graystone Bank.

- Approved, September 21, 2006 

Philadelphia

Industry Bancshares, Inc., Industry, Texas; and Industry Holdings, Inc., 

Wilmington, Delaware -- to acquire Community Bancorporation, Inc., Bellville, 

Texas, and indirectly acquire Bellville Holdings, Inc., Wilmington, Delaware, and 

First National Bank of Bellville, Bellville, Texas.

- Approved, September 20, 2006 

Dallas

The ShoreBank Corporation, Chicago, Illinois -- to acquire Greater Chicago Bank, 

Bellwood.

- Approved, September 19, 2006 

Chicago

Southern National Bancorp of Virginia, Inc., Charlottesville, Virginia -- waiver of 

application in connection with the acquisition of 1st Service Bank, McLean, and its 

merger with Sonabank, National Association, Charlottesville.

- Granted, September 18, 2006 

Richmond

Westpac Banking Corporation, Sydney, Australia -- to engage de novo through 

Hastings Funds Management (US) Inc., New York, New York, as an investment 

and financial adviser.

- Approved, September 22, 2006 

New York

Change In Bank Control

The Bank Holdings, Reno, Nevada -- change in bank control.

- Permitted, September 22, 2006 

San Francisco

Linden Bancshares, Inc., Linden, Texas -- change in bank control.

- Permitted, September 22, 2006 

Dallas

(AC) = Addition or Correction Delegated - Page 4 of 6
H.2 Actions under delegated authority September 17, 2006 to September 23, 2006

Competitive Factors Reports

First Columbia Bank & Trust Company, Bloomsburg, Pennsylvania -- report on 

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

of two Bloomsburg branches of Keystone Nazareth Bank & Trust Company, 

Bethlehem.

- Submitted, September 22, 2006 

Philadelphia

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

proposed merger with Summit Bank, National Association, Fort Worth.

- Submitted, September 20, 2006 

Secretary

ShoreBank, Chicago, Illinois -- report on competitive factors of the proposed 

merger with Greater Chicago Bank, Bellwood.

- Submitted, September 21, 2006 

Chicago

Extensions Of Time

A.N.B. Holding Company, Ltd., Terrell, Texas -- extension to September 13, 2006, 

to acquire The ANB Corporation, The ANB Delaware Corporation, and The 

American National Bank of Texas.

- Granted, June 1, 2006 (AC)

Dallas

FNB Southeast, Reidsville, North Carolina -- extension to December 22, 2006, to 

establish a branch at 1001 Military Cutoff Road, Wilmington.

- Granted, September 18, 2006 

Richmond

Oswego Community Bank Employee Stock Ownership Plan, Oswego, Illinois -- 

extension to December 21, 2006, to increase its ownership from 37.71 percent to 51 

percent of Oswego Bancshares, Inc. and thereby increase its ownership in Oswego 

Community Bank.

- Granted, September 21, 2006 

Chicago

(AC) = Addition or Correction Delegated - Page 5 of 6
H.2 Actions under delegated authority September 17, 2006 to September 23, 2006

Extensions Of Time

Regions Bank, Birmingham, Alabama -- extension to October 11, 2007, to establish 

a branch at 4725 South Flamingo Road, Cooper City, Florida.

- Granted, September 19, 2006 

Atlanta

Valliance Financial Corp., Oklahoma City, Oklahoma -- extension to December 22, 

2006, to become a bank holding company and to acquire Valliance Bank, National 

Association.

- Granted, September 18, 2006 

Kansas City

Financial Holding Companies

Intermountain Community Bancorp, Sandpoint, Idaho -- election to become a 

financial holding company.

- Effective, September 21, 2006 

San Francisco

Membership

Cornerstone Bank, N.A., York, Nebraska -- to retain membership in the Federal 

Reserve System on conversion from a national charter to a state charter, to be 

known as Cornerstone Bank.

- Approved, September 20, 2006 

Kansas City

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

Federal Reserve Bank of Boston

Filings received during the week ending September 23, 2006

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

* 3A3 10/12/2006

Application by Marlborough Bancshares, MHC

and Marlborough Bancshares, Inc., both of

Marlborough, Massachusetts, to become a

mutual bank holding company and stock bank

holding company, respectively, by acquiring

Marlborough Savings Bank, Marlborough,

Massachusetts, pursuant to sections 3(a)(1)and

3(a)(3)of the Bank Holding Company Act of

1956, as amended.

Application by Marlborough Bancshares, MHC

and Marlborough Bancshares, Inc., both of

Marlborough, Massachusetts, to become a

mutual bank holding company and stock bank

holding company, respectively, by acquiring

Marlborough Savings Bank, Marlborough,

Massachusetts, pursuant to sections 3(a)(1)and

3(a)(3)of the Bank Holding Company Act of

1956, as amended.

MARLBOROUGH

BANCSHARES MHC

* Subject to the provisions of the Community Reinvestment Act
District: 1

Federal Reserve Bank of Boston

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 2

Federal Reserve Bank of New York

Filings received during the week ending September 23, 2006

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

Investment Not applicable

Not applicable

BNY International Financing Corporation

("IFC"), a wholly-owned Edge Act corporation

subsidiary of the Bank of New York ("BNY"),

submits a 30-day prior notice to the Board,

pursuant o Section 211.9(f) of Regulation K, to

acquire from JPMorgan Chase & Co., New

York, New York its global corporate trust

business. This Notice relates to IFC's proposed

indirect acquisition or establishment of a

securities dealer in Brazil.

BNY INTERNATIONAL

FINANCING CORPORATION

Newspaper:

Federal Register:

* 3A1 Not available

10/23/2006

Glenville Bank Holding Company, Inc., Scotia,

New York, to acquire 100 percent of the voting

shares of First National Bank of Scotia, Scotia,

New York, pursuant to Section 3(a)(1) of the

BHC Act and Section 225.15 of Regulation Y.

Glenville Bank Holding

Company, Inc.

Newspaper:

Federal Register:

* 3A3 Not available

10/23/2006

New York Private Bank & Trust Corporation,

Emigrant Bancorp, Inc. and Emigrant Bank

(for a moment in time), all of New York, New

York, to acquire all of the outstanding capital

stock of EmigrantDirect Bank, Ossining, New

York (In formation).

NEW YORK PRIVATE BANK

& TRUST CORPORATION

Newspaper:

Federal Register:

FBSEA Not available

Not applicable

Export-Import Bank of Ukraine ("EXIM

Bank")Kiev, Ukraine, to establish a

representative office in New York, New York,

pursuant to Section 10(a) of the International

Banking Act of 1978, as amended, and Section

211.24(a)(1) of Regulation K.

STATE EXPORT-IMPORT

BANK OF UKRAINE, INC.

* Subject to the provisions of the Community Reinvestment Act
District: 2

Federal Reserve Bank of New York

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 3

Federal Reserve Bank of Philadelphia

Filings received during the week ending September 23, 2006

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC 10/13/2006

10/10/2006

Paul C. Woelkers, Moscow, PA, intends to

apply at the Federal Reserve System for

approval to acquire up to fifteen percent (15%)

of the voting shares of Landmark Community

Bank, Pittston, PA.

LANDMARK COMMUNITY

BANK

* Subject to the provisions of the Community Reinvestment Act
District: 3

Federal Reserve Bank of Philadelphia

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

2580243 AMERICAN BK, ALLENTOWN, PENNSYLVANIA 05/01/2006 09/11/2006 S Large Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 4

Federal Reserve Bank of Cleveland

Filings received during the week ending September 23, 2006

Filer Filing Type Filing Proposal End of Comment Period

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 4

Federal Reserve Bank of Cleveland

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 5

Federal Reserve Bank of Richmond

Filings received during the week ending September 23, 2006

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Citizens Community Bank, South Hill, 10/02/2006

Virginia, proposes to establish a branch at 138

Roanoke Rapids Road, Gaston, North Carolina.

CITIZENS COMMUNITY

BANK

Newspaper:

Federal Register:

* Branch

Not applicable

Fidelity & Trust Bank, Bethesda, Maryland, 10/17/2006

proposes to establish a branch at 8601

Westwood Center Drive, Vienna, Virginia.

FIDELITY & TRUST BANK

Newspaper:

Federal Register:

* Branch

Not applicable

RBC Centura Bank, Rocky Mount, North 10/02/2006

Carolina, to establish a branch at 3151

Lawrenceville-Suwanee Road, Suwanee,

Georgia.

RBC CENTURA BANK

Newspaper:

Federal Register:

* 3A3

* 18C

* Branch

10/12/2006

10/13/2006

RBC Centura Banks, Inc., Raleigh, North

Carolina, and its parent companies, Royal

Bank of Canada, Montreal, Quebec; Royal

Bank Holding Inc., Toronto, Ontario; RBC

Holding (USA) Inc., New York, New York;

RBC USA Holdco Corporation, New York,

New York; RBC Holdings (Delaware) Inc.,

Wilmington, Delaware; Prism Financial

Corporation, Chicago, Illinois; and FLAG

Acquisition Sub, Inc., Rocky Mount, North

Carolina, to acquire 100% of the voting shares

of FLAG Financial Corporation, Atlanta,

Georgia, and thereby indirectly acquire FLAG

Bank, Atlanta, Georgia.

RBC CENTURA BANKS, INC.

* Subject to the provisions of the Community Reinvestment Act
District: 5

Federal Reserve Bank of Richmond

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

904425 BANK OF THE EASTERN SHORE, CAMBRIDGE, MARYLAND 05/08/2006 08/09/2006 S Small Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 6

Federal Reserve Bank of Atlanta

Filings received during the week ending September 23, 2006

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Capital City Bank, Tallahassee, Florida, to 10/04/2006

establish a branch located at 5981 Zebulon

Road, Macon, Georgia.

CAPITAL CITY BANK

Newspaper:

Federal Register:

* 3A3

Not available

InsCorp, Inc., Nashville, Tennessee, to acquire 10/06/2006

50 percent of the outstanding shares of

Insurors Bank of Tennessee, Nashville,

Tennessee. Total ownership will be 100

percent.

INSCORP, INC.

Newspaper:

Federal Register:

* Branch

Not applicable

SunTrust Bank, Atlanta, Georgia, to establish 10/06/2006

branches at the following locations: 1401-A

Pulaski Highway, Edgewood, Maryland, to be

known as the Harford Square Office; and at

1675 NW Saint Lucie West Boulevard, Port

Saint Lucie, Florida, to be known as the Saint

Lucie West Wal-Mart Office.

SUNTRUST BANK

Newspaper:

Federal Register:

* 3A5 10/22/2006

10/20/2006

United Community Banks, Inc., Blairsville,

Georgia, to merge with Southern Bancorp,

Inc., Marietta, Georgia, and thereby acquire its

subsidiary, Southern National Bank, Marietta,

Georgia.

UNITED COMMUNITY

BANKS, INC.

* Subject to the provisions of the Community Reinvestment Act
District: 6

Federal Reserve Bank of Atlanta

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 7

Federal Reserve Bank of Chicago

Filings received during the week ending September 23, 2006

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

4c8 Not applicable

Not available

Baytree Bancorp, Inc., Lake Forest, Illinois, to

continue to engage de novo in

riskless-principal transactions through its

subsidiary, Baytree Bancorp Investments, Inc.,

Lake Forest, Illinois.

BAYTREE BANCORP, INC.

Newspaper:

Federal Register:

* 3A5 Not available

10/13/2006

Citizens Banking Corporation, Flint,

Michigan, to acquire 100 percent of the voting

shares of Republic Bancorp, Inc., Owosso,

Michigan, and thereby indirectly acquire

Republic Bank, Lansing, Michigan.

CITIZENS BANKING

CORPORATION

Newspaper:

Federal Register:

* Branch Not available

Not applicable

Comerica Bank, Detroit, Michigan, to establish

two branches to be located at 2432 E. Katella,

Building A, Anaheim, California, and 401

Grand Ave., South San Francisco, California.

COMERICA BANK

Newspaper:

Federal Register:

* Branch Not available

Not applicable

Comerica Bank, Detroit, Michigan, to establish

two branch facilities to be located at 49 El

Camino Real, Millbrae, California, and 4950

N. Garland Ave., Garland, Texas.

COMERICA BANK

Newspaper:

Federal Register:

* 3A3 Not available

* 3A1 10/06/2006

Heartland Financial USA, Inc., Dubuque,

Iowa, to acquire up to 100 percent of the voting

shares of Summit Acquisition Corporation,

Broomfield, Colorado, and thereby indirectly

acquire Summit Bank & Trust (in

organization), Broomfield, Colorado, and the

related application by Summit Acquisition

Corporation, Broomfield, Colorado, to become

a bank holding company by acquiring 100

percent of the voting shares of Summit Bank &

Trust (in organization), Broomfield, Colorado.

HEARTLAND FINANCIAL

USA, INC.

Newspaper:

Federal Register:

* Branch

Not applicable

Johnson Bank, Racine, Wisconsin, to establish 09/27/2006

a branch facility to be located at 18818 Four

Peaks Boulevard, Rio Verde, Arizona, and to

retain the branch previously established at

16155 N. 83rd Avenue, Peoria, Arizona.

JOHNSON BANK

Newspaper:

Federal Register:

* 3A5 Not available

10/12/2006

PrivateBancorp, Inc., Chicago, Illinois, to

acquire 100 percent of the voting shares of

Piedmont Bancshares, Inc., Atlanta, Georgia,

and thereby indirectly acquire Piedmont Bank

of Georgia, Atlanta, Georgia.

PRIVATEBANCORP, INC.

Newspaper:

Federal Register:

* 3A1 10/02/2006

10/06/2006

Town Bancshares, Inc., Antioch, Illinois, to

become a bank holding company by acquiring

100 percent of the voting shares of Town

Community Bank and Trust (formerly Greater

North Bank), Antioch, Illinois.

TOWN BANCSHARES, INC.

* Subject to the provisions of the Community Reinvestment Act
District: 7

Federal Reserve Bank of Chicago

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

371232 FIRST CMNTY B&TC, BEECHER, ILLINOIS 05/15/2006 09/11/2006 S Small Bank

2856939 FRONTIER SVG BK, COUNCIL BLUFFS, IOWA 06/05/2006 09/14/2006 S Small Bank

716833 MARQUETTE BK, CHICAGO, ILLINOIS 05/01/2006 09/14/2006 O Large Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 8

Federal Reserve Bank of St. Louis

Filings received during the week ending September 23, 2006

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 10/22/2006

10/20/2006

Citizens First Corporation, Bowling Green,

Kentucky, to acquire 100 percent of Kentucky

Banking Centers, Inc., Glasgow, Kentucky.

CITIZENS FIRST

CORPORATION

* Subject to the provisions of the Community Reinvestment Act
District: 8

Federal Reserve Bank of St. Louis

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 9

Federal Reserve Bank of Minneapolis

Filings received during the week ending September 23, 2006

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 10/07/2006

10/05/2006

Minnwest Corporation, Minnetonka,

Minnesota, to acquire 100% percent of

Aumanchester, Inc., Rochester, Minnesota,

and thereby indirectly acquire Rochester Bank,

Rochester, Minnesota.

MINNWEST CORPORATION

* Subject to the provisions of the Community Reinvestment Act
District: 9

Federal Reserve Bank of Minneapolis

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 10

Federal Reserve Bank of Kansas City

Filings received during the week ending September 23, 2006

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 10/14/2006

10/16/2006

Blue Lion Bancshares, Inc., Prairie Village,

Kansas, to become a bank holding company

through the acquisition of 99.95 percent of the

voting shares of Hartford State Bank, Hartford,

Kansas.

BLUE LION BANCSHARES,

INC.

Newspaper:

Federal Register:

CIC Not available

10/10/2006

Notification by Sandra Freund, Littleton,

Colorado, and Duane M. Freund, Denver,

Colorado, as co-trustees of the Michael R.

Freund Irrevocable Trust #2; and Ali S.

Freund, and Lewis L. Johnson, both of Denver,

Colorado, as co-trustees of the Duane M.

Freund Irrevocable Trust #2; to retain control

of Commerce Bankshares, Inc., parent of

Commerce Bank, both in Aurora, Colorado.

COMMERCE BANKSHARES,

INC.

Newspaper:

Federal Register:

* Branch

Not applicable

Cottonwood Valley Bank, Cedar Point, Kansas, 10/06/2006

to establish a branch at 200 Broadway,

Cottonwood Falls, Kansas.

COTTONWOOD VALLEY

BANK

* Subject to the provisions of the Community Reinvestment Act
District: 10

Federal Reserve Bank of Kansas City

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 11

Federal Reserve Bank of Dallas

Filings received during the week ending September 23, 2006

Filer Filing Type Filing Proposal End of Comment Period

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 11

Federal Reserve Bank of Dallas

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 12

Federal Reserve Bank of San Francisco

Filings received during the week ending September 23, 2006

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 09/04/2006

10/19/2006

Cathay Financial Holding Co., Ltd., and

Cathay Life Insurance Co., Ltd., to acquire up

to 9.99 percent of First Financial Holding Co.,

Ltd., and Chinatrust Financial Holding Co.,

Ltd., all of Taipei, Taiwan, and thereby acquire

First Commerical Bank (U.S.A.), Alhambra,

California, and Chinatrust Bank (U.S.A.),

Torrance, California.

CATHAY FINANCIAL

HOLDING CO., LTD.

Newspaper:

Federal Register:

* 3A1 10/04/2006

09/07/2006

The Industrial Bank of Taiwan Co., Ltd.,

Taipei, Taiwan, and IBT Holdings Corp.,

Cerritos, California, to become bank holding

companies by acquiring 100 percent of

EverTrust Bank, City of Industry, California.

INDUSTRIAL BANK OF

TAIWAN CO., LTD., THE

Newspaper:

Federal Register:

* 3A1 Not available

09/22/2006

NHB Holdings, Inc., Jacksonville, Florida, to

become a bank holding company by acquiring

100 percent of Volvo Commercial Credit Corp.

of Utah, which will be renamed Globility

Bank, Salt Lake City, Utah.

NHB HOLDINGS, INC.

Newspaper:

Federal Register:

* 3A3 Not available

Not available

Premier Commercial Bancorp, Anaheim,

California, to acquire 85.4 percent of Premier

Commercial Bank Arizona, N.A., (proposed),

Mesa, Arizona.

PREMIER COMMERCIAL

BANCORP

Newspaper:

Federal Register:

Member Not applicable

Not applicable

San Joaquin Bank, Bakersfield, California, to

become a member of the Federal Reserve

System.

SAN JOAQUIN BANK

* Subject to the provisions of the Community Reinvestment Act
District: 12

Federal Reserve Bank of San Francisco

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act