Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 2

Week Ending January 10, 2004

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions January 4, 2004 to January 10, 2004

Regulations And Policies

Policy Statement on Financial Institutions Providing Financial Support to Advised 

Investment Funds -- interagency policy statement advising financial institutions on safety 

and soundness and legal issues involved in providing financial support to certain 

investment funds.

- Announced, January 5, 2004 

Working Group on Government Securities Clearance and Settlement -- report and 

recommendations to mitigate risks in the clearing and settlement process for U.S. 

government securities.

- Published, January 7, 2004 

Enforcement

Credit Lyonnais, S.A., Paris, France, and Credit Agricole, S.A. -- issuance of a consent 

order of enforcement action.

- Announced, January 8, 2004 

James Monroe Bank, Arlington, Virginia -- order of prohibition and order to cease and 

desist against Scott Smolinski, a former vice president.

- Announced, January 9, 2004 

(AC) = Addition or Correction Board - Page 1 of 1
January 4, 2004 to January 10, 2004

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

Bank of Buffalo, Buffalo, Kentucky -- to establish a branch at 2375 Lincoln Farm Road, 

Hodgenville.

- Approved, January 6, 2004 

St. Louis

Fifth Third Bank, Cincinnati, Ohio -- to establish branches at 7700 Cox Road, West 

Chester, and 5100 Terra Firma Drive, Mason.

- Approved, January 9, 2004 

Cleveland

Fifth Third Bank, Grand Rapids, Michigan -- to establish branches at 33133 West 12 

Mile Road, Farmington Hills; 2301 Gezon Parkway, Wyoming; 1190 West Argyle 

Street, Jackson; and 2112 Jolly Road, Okemos; 1710 Maple Avenue, Evanston, Illinois; 

1 North Wacker Drive, Chicago; 235 West Rand Road, Mt. Prospect; 1366 South 

Milwaukee Avenue, Libertyville; and 460 South Randall Road, South Elgin.

- Approved, January 7, 2004 

Cleveland

Johnson Bank, Racine, Wisconsin -- to establish a branch at 318 South Washington 

Street, Green Bay.

- Approved, January 9, 2004 

Chicago

RBC Centura Bank, Rocky Mount, North Carolina -- to establish a branches at 1858 

North Young Circle, Suite 5, Hollywood, Florida; 75 Fifth Street Northwest, Suite 100, 

Atlanta, Georgia; and 1064 Richard D. Sailors Parkway, Powder Springs.

- Approved, January 9, 2004 

Secretary

(AC) = Addition or Correction Delegated - Page 1 of 7
H.2 Actions under delegated authority January 4, 2004 to January 10, 2004

Bank Branches, Domestic

SunTrust Bank, Atlanta, Georgia -- to establish branches at the northwest corner of 

Lightner Road and James Madison Highway, Haymarket, Virginia; the intersection of 

Loudoun County Parkway and U.S. Highway 50, South Riding; and 7451 Mount Vernon 

Square, Alexandria.

- Approved, January 5, 2004 

Secretary

Bank Holding Companies

Ameriwest Corporation, Omaha, Nebraska -- to engage in making and servicing loans.

- Approved, January 8, 2004 

Kansas City

Bank of Montreal, Montreal, Canada; Bankmont Financial Corp., Chicago, Illinois; and 

Harris Bankcorp, Inc. -- to merge with Lakeland Financial Corp., Round Lake Heights, 

and thereby acquire Lakeland Community Bank.

- Approved, January 8, 2004 

Chicago

Lindoe, Inc., Ordway, Colorado -- to acquire First National Bank of Lake City & 

Creede, Lake City.

- Approved, January 8, 2004 

Kansas City

PBFC Holding Company, Bude, Mississippi -- to become a bank holding company 

through the acquisition of Peoples Bank of Franklin County.

- Approved, January 9, 2004 

Atlanta

Prairieland Bancorp Employee Stock Ownership Plan and Trust, Bushnell, Illinois -- to 

increase its ownership of Prairieland Bancorp, Inc. and thereby acquire Farmers and 

Merchants State Bank.

- Approved, January 9, 2004 

Chicago

(AC) = Addition or Correction Delegated - Page 2 of 7
H.2 Actions under delegated authority January 4, 2004 to January 10, 2004

Bank Holding Companies

Southwest Bancorporation of Texas, Inc., Houston, Texas, and Southwest Holding 

Delaware, Inc., Wilmington, Delaware -- to acquire Reunion Bancshares, Inc., Dallas, 

Texas, and indirectly acquire Reunion Bancshares-Delaware, Inc., Dover, Delaware, and 

Lone Star Bank, Dallas.

- Approved, January 7, 2004 

Dallas

Thunder Bancorp, Inc., Sylvan Grove, Kansas -- to become a bank holding company 

through the acquisition of Beverly State Bank, Beverly, to be known as Thunder Bank, 

Sylvan Grove, and for Thunder Bank to become a member of the Federal Reserve 

System; and for Thunder Bancorp, Inc. to engage in insurance agency activities.

- Approved, January 7, 2004 

Kansas City

Valley Financial Group, Ltd., Saginaw, Michigan -- to become a bank holding company 

through the acquisition of 1st State Bank, a de novo bank.

- Approved, January 5, 2004 

Chicago

Bank Mergers

UBT Bancshares, Inc., Marysville, Kansas -- to acquire United Bank & Trust and for 

United Bank & Trust to purchase certain assets and assume certain liabilities of branches 

of Gold Bank, Leawood, located in Clay Center, Concordia, Linn, Washington, 

Marysville, Sabetha; and Seneca.

- Approved, January 8, 2004 

Kansas City

Banks, Foreign

MBNA Europe Bank Limited, Chester, United Kingdom -- waiver of notification period 

to make an investment.

- Granted, January 9, 2004 

Director, BS&R

(AC) = Addition or Correction Delegated - Page 3 of 7
H.2 Actions under delegated authority January 4, 2004 to January 10, 2004

Banks, Nonmember, And Miscellaneous Institutions

First Alliance Bank, Jacksonville, Florida -- request for an exemption from section 23A 

of the Federal Reserve Act.

- Granted, December 22, 2003 (AC)

Director, BS&R

Change In Bank Control

Financial Services of the Rockies, Inc., Colorado Springs, Colorado -- change in bank 

control.

- Permitted, January 9, 2004 

Kansas City

Flint Hills Bancshares, Inc., Gridley, Kansas -- change in bank control.

- Permitted, January 7, 2004 

Kansas City

The Greenwood's Bancorporation, Inc., Lake Mills, Wisconsin -- change in bank control.

- Permitted, January 6, 2004 

Chicago

Mediapolis Bancorporation, Mediapolis, Iowa -- to retain control of Mediapolis 

Bancorporation and thereby indirectly acquire Mediapolis Savings Bank.

- Permitted, January 9, 2004 

Chicago

Service Bancorp, Inc., Medway, Massachusetts -- change in bank control.

- Permitted, January 8, 2004 

Boston

Valley Bancorp, Inc., Syracuse, Kansas -- change in bank control.

- Permitted, January 8, 2004 

Kansas City

Will Bancorp, Inc., Williamsville, Illinois -- to retain control of Will Bancorp, Inc. and 

thereby acquire Williamsville State Bank and Trust.

- Permitted, January 8, 2004 

Chicago

(AC) = Addition or Correction Delegated - Page 4 of 7
H.2 Actions under delegated authority January 4, 2004 to January 10, 2004

Competitive Factors Reports

Citizens Bank & Trust, Rock Port, Missouri -- report on competitive factors of the 

proposed acquisition of assets and assumption of liabilities of the Mound City branch of 

Bank Midwest, National Association, Kansas City.

- Submitted, January 9, 2004 

Secretary

Citizens Community Federal, Altoona, Wisconsin -- report on competitive factors of the 

proposed merger with Interim One Federal Savings Bank and Interim Two Federal 

Savings Bank.

- Submitted, January 8, 2004 

Minneapolis

The City National Bank of Sulphur Springs, Sulphur Springs, Texas -- report on 

competitive factors of the proposed merger with First State Bank, Hawkins.

- Submitted, January 8, 2004 

Dallas

The First National Bank in Tremont, Tremont, Illinois -- report on competitive factors of 

the proposed merger with Community Bank of Hopedale, Hopedale.

- Submitted, January 8, 2004 

Chicago

First National Bank, Edinburg, Texas -- report on competitive factors of the proposed 

acquisition of a branch of First Commercial Bank, N.A., Seguin, at 1110 Ranch Road 

620 South, Austin.

- Submitted, January 9, 2004 

Dallas

Frontier Trust Company, FSB, Fargo, North Dakota -- report on competitive factors of 

the proposed merger with Advest Trust Company, Hartford, Connecticut.

- Submitted, January 6, 2004 

Minneapolis

Hampden Savings Bank, Springfield, Massachusetts -- report on competitive factors of 

the proposed merger with Hampden Bank.

- Returned, January 7, 2004 

Boston

(AC) = Addition or Correction Delegated - Page 5 of 7
H.2 Actions under delegated authority January 4, 2004 to January 10, 2004

Competitive Factors Reports

Landmark National Bank, Manhattan, Kansas -- report on competitive factors of the 

proposed merger with First Kansas Financial Corporation, Osawatomie.

- Submitted, January 7, 2004 

Kansas City

Liberty Bank, F.S.B., West Des Moines, Iowa -- report on competitive factors of the 

proposed merger with StateFed Financial Corporation, Clive.

- Submitted, January 8, 2004 

Chicago

Liberty Bank, F.S.B., West Des Moines, Iowa -- report on competitive factors of the 

proposed merger with State Federal Savings and Loan Association of Des Moines, Clive.

- Submitted, January 8, 2004 

Chicago

Sterling National Bank, New York, New York -- report on competitive factors of the 

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

City & Suburban Federal Savings Bank at One Executive Boulevard, Yonkers.

- Submitted, January 8, 2004 

New York

United Prairie Bank-Owatonna, Minneapolis -- report on competitive factors of the 

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

branch of Minnwest Bank South, Tracy.

- Submitted, January 7, 2004 

Minneapolis

Extensions Of Time

Bancsouth Financial Corporation, Crystal Springs, Mississippi -- extension to April 10, 

2004, to become a bank holding company through the acquisition of Bank of the South.

- Granted, January 6, 2004 

Atlanta

(AC) = Addition or Correction Delegated - Page 6 of 7
H.2 Actions under delegated authority January 4, 2004 to January 10, 2004

Extensions Of Time

Bank of Blue Valley, Overland Park, Kansas -- extension to April 9, 2004, to establish a 

branch at 13401 Mission Road, Leawood.

- Granted, January 7, 2004 

Kansas City

Canon Bank Corporation, Canon City, Colorado -- extension to April 7, 2004, to 

become a bank holding company through the acquisition of shares of Canon National 

Bank.

- Granted, January 6, 2004 

Kansas City

Community Bank of Georgia, Inc., Baxley, Georgia -- extension to May 6, 2004, to 

become a bank holding company through the acquisition of Community Bank of Georgia.

- Granted, January 8, 2004 

Atlanta

Gold Bank, Leawood, Kansas -- extension to April 6, 2004, to merge with Gold Bank, 

Hennessey, Oklahoma, and establish branches.

- Granted, January 6, 2004 

Kansas City

Membership

State Bank of Axtell, Axtell, Kansas -- to become a member of the Federal Reserve 

System.

- Approved, January 8, 2004 

Kansas City

Regulations And Policies

Regulation CC -- amendments to Appendix A to delete the existing reference to the 

Miami check processing office of the Federal Reserve Bank of Atlanta and reassign the 

routing numbers listed under that office to the Jacksonville office.

- Approved, January 6, 2004 

Secretary

(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, January 10, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, January 10, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch HSBC Bank USA, Buffalo, New York request permission to 

open and occupy a branch office at 601 Montgomery Street, San 

Francisco, California.

Newspaper – 01/28/2004

Foreign Orgs US 

Rep Office

Hypothekenbank in Essen AG, Essen, Germany, requests prior 

approval of the Board of Governors of the Federal Reserve to 

establish a representative office in New York, New York

Newspaper – N/Avail

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, January 10, 2004

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 regula tion 

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, January 10, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(1) PSB Holdings, Inc., New Matamoras, Ohio, proposes to become 

a bank holding company through the acquisition of The Peoples 

Savings Bank, New Matamoras, Ohio.

Newspaper - 12/04/2003

Fed Reg - 12/01/2003

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

934114 The Commercial Bank

229 East Second Street

Delphos, Ohio 45833

10/06/2003 01/07/2004 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, January 10, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) Bank of Tazewell County, Virginia, to purchase certain assets 

and assume certain liabilities of the Richlands, Virginia, branch 

office of FNB Southeast, Reidsville, Virginia.*

Newspaper – 02/10/2004

*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.

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

2607449 Waccamaw Bank

110 N. JK Powell Boulevard

Whiteville, North Carolina 28472

09/15/2003 01/04/2004 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, January 10, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Riverside Bank of the Gulf Coast, Cape Coral, Florida, to 

establish a branch located at 5266 Golden Gate Parkway, 

Naples, Florida.* 

Newspaper – 01/17/2004

*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)(1) Allied Bancshares, Inc., Cumming,, Georgia, to become a bank 

holding company by acquiring First National Bank of Forsyth 

County, Cumming, Georgia (in organization).*

Newspaper – N/Avail 

Fed Reg – N/Avail

CIC Madison Bank Corporation, Madison, Georgia, prior change in 

control notice by Old Post Road, L.P., Madison, Georgia, to 

acquire 23.97 percent of the outstanding shares of Madison 

Bank Corporation, and its subsidiary, Bank of Madison, both of 

Madison, Georgia.

Newspaper – N/Avail 

Fed Reg – N/Avail

CIC Red River Bancshares, Inc., Alexandria, Louisiana, after-the-fact 

change in control notice by John C. Simpson, New Orleans, 

Louisiana, to retain 10.05 percent of the percent of the 

outstanding shares of Red River Bancshares, Inc., and its 

subsidiary, Red River Bank, both of Alexandria, Louisiana.

Newspaper – 01/12/2004

Fed Reg – 01/20/2004

*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

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 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, January 10, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Citizens Bank, Flint, Michigan, to establish a branch facility to 

be located at 9749 Dixie Highway, Springfield Township, 

Michigan.*

Newspaper – N/Avail

18C & Branches 

& 5D3

Irwin Union Bank and Trust Company, Columbus, Indiana, to 

purchase certain assets and certain deposit and other liabilities of 

Irwin Union Bank, F.S.B., Louisville, Kentucky, and thereby to 

establish branches at 224 South 200 West, Suite 100, Salt Lake 

City, Utah, and 401 N. Buffalo, Suite 200, Las Vegas, Nevada.*

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) Capitol Bancorp, Ltd., Lansing, Michigan, to acquire 100 

percent of the voting shares of First Carolina State Bank, Rocky 

Mount, North Carolina.*

Fed Reg – 02/02/2004

Newspaper – N/Avail

CIC Notice by Steven Joseph Bonnet, East Dubuque, Illinois, to 

control 50.04 percent of East Dubuque Bancshares, Inc., 

Dubuque, Iowa, and thereby indirectly acquire East Dubuque 

Savings Bank, Dubuque, Iowa.

Fed Reg – 01/07/2004

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

991340 1

st Source Bank

P.O. Box 1602

South Bend, Indiana 46634

(219) 235-2574

05/19/2003 01/05/2004 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, January 10, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Pulaski Bank and Trust Company, Little Rock, Arkansas, to 

establish a branch facility to be located at 1605 North 

Germantown Parkway, Memphis, Tennessee.*

Newspaper – 01/18/2004

* 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

3A5 NBC Capital Corporation, Starkville, Mississippi, to acquire 100 

percent of Enterprise Bancshares, Inc., Memphis, Tennessee, 

and thereby indirectly acquire Enterprise National Bank, 

Memphis, Tennessee.*

Newspaper – 02/08/2004

Fed Reg – N/Avail

CIC Notice by Samuel Jackson Young, Elizabethtown, Kentucky, 

individually, and as part of the Young Family control group, 

which includes Mr. Young and Ginger Young, Spring, Texas, to 

retain control of Fredonia Valley Bancorp, Inc., Fredonia, 

Kentucky

Newspaper – N/Avail

Fed Reg – N/Avail

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, January 10, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(1) Central Banking Services, Inc., St. Cloud, Minnesota, proposes 

to acquire 100% of the voting shares of St. Joseph Bancshares, 

Inc., St. Joseph, Minnesota, and thereby indirectly acquire 100% 

of the voting shares of First State Bank of St. Joseph, St. Joseph, 

Minnesota.*

Fed Reg – 02/06/2004

Newspaper – N/Avail

*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

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, January 10, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Saline State Bank, Wilber, Nebraska, to relocate its branch from 

82nd Street between Pine Lake and Highway 2, Lincoln, 

Nebraska , to 5620 South 48th Street, Lincoln, Nebraska.

Newspaper - 01/15/2004

18(c) Adams Bank & Trust, Ogallala, Nebraska, to merge with The 

Vista Bank, Colorado Springs, Colorado, and incident thereto, to 

establish two branches.

Newspaper - N/Avail

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

Type Application

Ending date of

comment period

3(a)(1) First Pioneer Holding, Inc., Denver, Colorado, to become a bank 

holding company through the retention of 100 percent of the 

voting shares of First Western Trust Bank, Denver, Colorado (in 

organization).

Newspaper - N/Avail 

Fed Reg - 02/09/2004

3(a)(1) Bank of Choice Holding Company, Evans, Colorado, to become 

a bank holding company through the acquisition of 100 percent 

of the voting shares of Weld County Bank, Evans, Colorado.

Newspaper - 02/01/2004

Fed Reg - 02/02/2004

3(a)(3) Pine River Bank Corporation, Bayfield, Colorado, to acquire 

100 percent of the voting shares of First National Bank of Lake 

City & Creede, Lake City, Colorado.

Newspaper - N/Avail 

Fed Reg - 02/09/2004

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) First Pioneer Holdings, Inc., Denver, Colorado, to engage in 

investment advisory activities through the acquisition of 100 

percent of the voting shares of First Western Investment 

Management, Inc., Denver, Colorado.

Fed Reg - 02/09/2004
Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) First Pioneer Holdings, Inc., Denver, Colorado, to engage in 

investment advisory activities through the acquisition of 100 

percent of the voting shares of James Sprout & Associates, Inc., 

Fort Collins, Colorado.

Fed Reg - 02/09/2004

4(c)(8) First Pioneer Holding, Inc., Denver, Colorado, to engage in trust 

company activities through the acquisition of 100 percent of the 

voting shares of Poudre River Valley Trust Company, Fort 

Collins, Colorado.

Fed Reg - 02/09/2004

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

986757 Battle Creek State Bank

202 W. Main Street

Battle Creek, Nebraska 68715

10/20/2003 01/08/2004 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, January 10, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch First State Bank, Menard, TX (formerly The Bevans State Bank 

of Menard), to establish a branch at 2118 South Treadaway, 

Abilene, TX, 79602*

Newspaper – 01/27/2004

*Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(1) Treaty Oak Holdings, Inc., Austin, TX, and Treaty Oak 

Bancorp, Inc., Austin, TX, to acquire Texline State Bank, 

Texline, TX* (previously reported the week ending December 

27, 2003)

Fed Reg – 01/23/2004

Newspaper – 01/11/2004

3(a)(1) Treaty Oak Bancorp, Inc., Austin, TX, to acquire Texline State 

Bank, Texline, TX* (previously reported the week ending 

December 27, 2003)

Fed Reg – 01/23/2004

Newspaper – 01/11/2004

*Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, January 10, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18C & Branch United Security Bank, Fresno, California, to merge with Taft 

National Bank, Taft, California, and to acquire two branches of 

target.*

Newspaper – 01/11/2004

* 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.

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

777366 Bank of the Orient

233 Sansome Street

San Francisco, CA 94111-2534

09/15/2003 01/05/2004 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None