Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 35

Week Ending August 30, 2003

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions August 24, 2003 to August 30, 2003

Regulations And Policies

Regulation CC -- amendments to Appendix A to reflect the restructuring of the Federal 

Reserve's check processing operations in the Fourth District.

- Announced, August 28, 2003 

Enforcement

WestLB AG, Dusseldorf, Germany, and WestLB AG, New York, New York -- 

issuance of a cease and desist order and order of assessment of a civil money penalty.

- Approved, August 27, 2003 

(AC) = Addition or Correction Board - Page 1 of 1
August 24, 2003 to August 30, 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

Alliance Bank Corporation, Fairfax, Virginia -- to establish a branch at 8221 Old 

Courthouse Road, Vienna.

- Approved, August 29, 2003 

Richmond

AmSouth Bank, Birmingham, Alabama -- to establish branches at 120 Citi Centre, 

Winter Haven, Florida; 6105 Cypress Gardens Boulevard; 8234 Navarre Parkway, 

Navarre; 2199 Manatee Avenue West, Bradenton; 1725 West Causeway Approach, 

Mandeville, Louisiana; and 1300 West Walnut Avenue, Dalton, Georgia.

- Approved, August 26, 2003 

Atlanta

AmSouth Bank, Birmingham, Alabama -- to establish a branch at 4359 13th Street, St. 

Cloud, Florida.

- Approved, August 29, 2003 

Atlanta

Community Bank of Tri-County, Waldorf, Maryland -- to establish a branch at 200 

Market Square Drive, Prince Frederick.

- Approved, August 26, 2003 

Richmond

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

Beckett Lane, Fayetteville, Georgia.

- Approved, August 27, 2003 

Secretary

Sanger Bank, Sanger, Texas -- to establish a branch at 1300 Highway 59 North, Bowie.

- Approved, August 27, 2003 

Dallas

(AC) = Addition or Correction Delegated - Page 1 of 7
H.2 Actions under delegated authority August 24, 2003 to August 30, 2003

Bank Branches, Domestic

SouthTrust Bank, Birmingham, Alabama -- to establish a branch at 19440 Bruce B. 

Downs Boulevard, Tampa, Florida

- Approved, August 27, 2003 

Atlanta

SouthTrust Bank, Birmingham, Alabama -- to establish a branch at 648 Long Point 

Road, Mt. Pleasant, South Carolina.

- Approved, August 28, 2003 

Atlanta

SunTrust Bank, Atlanta, Georgia -- to establish branches at 4338 Paces Ferry Road, 

Atlanta, 4325 Atlanta Highway, Loganville, 43150 Broadlands Center Safeway, 

Ashburn, Virginia, and the intersection of Riverside Parkway and Lansdowne Boulevard, 

Leesburg.

- Approved, August 27, 2003 

Secretary

Bank Holding Companies

Alliance Bancshares, Inc., Dalton, Georgia -- to become a bank holding company 

through the acquisition of Alliance National Bank.

- Withdrawn, August 29, 2003 

Atlanta

BCAC, Inc., Rosiclare, Illinois -- to become a bank holding company through the 

acquisition of shares of Banterra Corp., Eldorado, and thereby acquire First of 

Murphysboro Corp., Murphysboro; The First Bank and Trust Company of 

Murphysboro; and Banterra Bank, Marion, and election by BCAC, Inc. to become a 

financial holding company.

- Approved, August 28, 2003 

St. Louis

(AC) = Addition or Correction Delegated - Page 2 of 7
H.2 Actions under delegated authority August 24, 2003 to August 30, 2003

Bank Holding Companies

BOK Financial Corporation, Tulsa, Oklahoma -- to acquire through its subsidiary, 

BOKF Merger Corporation Number Eleven, Colorado Funding Company, Denver, 

Colorado, and thereby acquire Colorado State Bank and Trust, and for BOKF Merger 

Corporation Number Eleven to merge with Colorado Funding Company.

- Approved, August 26, 2003 

Kansas City

Campbell Hill Bancshares, Inc., Campbell Hill, Illinois -- to acquire Southwest Illinois 

Bancshares, Inc., Coulterville, and thereby acquire The First National Bank of 

Coulterville.

- Approved, August 27, 2003 

St. Louis

First Fontanelle Bancorporation, Fontanelle, Iowa -- to acquire shares of Corn Belt 

Bancorporation, Inc., Anita, and thereby acquire Union National Bank, and to acquire 

Corn Belt Insurance Agency, Massena, and thereby engage in insurance agency activities.

- Approved, August 28, 2003 

Chicago

National Bancshares, Inc., Bettendorf, Iowa -- to engage de novo in extending credit and 

servicing loans.

- Withdrawn, August 29, 2003 

Chicago

Shamrock Bancshares Employee Stock Ownership Plan, Coalgate, Oklahoma -- to 

acquire additional shares of Shamrock Bancshares, Inc., and thereby acquire Shamrock 

Bank, National Association.

- Approved, August 28, 2003 

Kansas City

Total Bancshares Corporation, Miami, Florida -- to become a bank holding company 

through the acquisition of TotalBank.

- Approved, August 28, 2003 

Atlanta

(AC) = Addition or Correction Delegated - Page 3 of 7
H.2 Actions under delegated authority August 24, 2003 to August 30, 2003

Bank Holding Companies

United Bankshares, Inc., Charleston, West Virginia -- to acquire Sequoia Bancshares, 

Inc., Bethesda, Maryland, and for Sequoia Bancshares to merge with George Mason 

Bankshares, Inc., Fairfax, Virginia, a second tier holding company, and thereby acquire 

SequoiaBank, Bethesda.

- Approved, August 26, 2003 

Richmond

Valley Commerce Bancorp, Ltd., Phoenix, Arizona -- to become a bank holding 

company through the acquisition of Valley Commerce Bank.

- Approved, August 27, 2003 

San Francisco

Bank Mergers

Planters Bank and Trust Company of Virginia, Staunton, Virginia -- to acquire certain 

assets and assume certain liabilities of six branches of First Virginia Bank-Southwest, 

Roanoke, and the Farmville branch of First Virginia Bank-Colonial, Richmond.

- Approved, August 26, 2003 

Richmond

Second Bank & Trust, Culpeper, Virginia -- to acquire certain assets and assume certain 

liabilities of the Woodstock branch of First Virginia Bank-Blue Ridge, Staunton.

- Approved, August 26, 2003 

Richmond

Change In Bank Control

Northeast Portland Community Development Trust, Portland, Oregon -- change in bank 

control.

- Permitted, August 25, 2003 

San Francisco

Competitive Factors Reports

Boston Federal Savings Bank, Burlington, Massachusetts -- report on competitive factors 

of the proposed acquisition of seven Massachusetts branches of Encore Bank, Houston, 

Texas.

- Submitted, August 26, 2003 

Boston

(AC) = Addition or Correction Delegated - Page 4 of 7
H.2 Actions under delegated authority August 24, 2003 to August 30, 2003

Competitive Factors Reports

Community Bank of Florida, Homestead, Florida -- report on competitive factors of the 

proposed sale of certain assets and transfer of deposit liabilities at 1471 East Osceola 

Parkway, Kissimmee, and 4400 13th Street, St. Cloud, to Fairwinds Credit Union, 3087 

North Alafaya Trail, Orlando.

- Submitted, August 28, 2003 

Atlanta

Farmers & Mechanics Bank, Burlington Township, New Jersey -- report on competitive 

factors of the proposed acquisition of certain assets and assumption of certain liabilities of 

the Tabernacle, New Jersey, branch of Sovereign Bank, Wyomissing, Pennsylvania.

- Submitted, August 28, 2003 

Philadelphia

Minersville Safe Deposit Bank and Trust Company, Minersville, Pennsylvania -- report 

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

a branch of Community Banks, Harrisburg.

- Submitted, August 28, 2003 

Philadelphia

Nara Bank, National Association, Los Angeles, California -- report on competitive 

factors of the proposed assumption of deposits and acquisition of certain loans of the 

Broadway, New York, New York, branch of Korea Exchange Bank, Seoul, Korea.

- Submitted, August 28, 2003 

San Francisco

National Bank of Commerce, Memphis, Tennessee -- report on competitive factors of 

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

branches of Flag Bank, Atlanta, Georgia.

- Submitted, August 29, 2003 

St. Louis

Southwest Bank of St. Louis, St. Louis, Missouri -- report on competitive factors of the 

proposed merger with Southwest Bank, Belleville, Illinois.

- Submitted, August 27, 2003 

St. Louis

(AC) = Addition or Correction Delegated - Page 5 of 7
H.2 Actions under delegated authority August 24, 2003 to August 30, 2003

Competitive Factors Reports

State National Bank, Lubbock, Texas -- report on competitive factors of the proposed 

merger with Arlington National Bank, Arlington.

- Submitted, August 28, 2003 

San Francisco

U.S. Trust Company, National Association, Greenwich, Connecticut -- report on 

competitive factors of the proposed merger with State Street Bank and Trust Company 

of New England, National Association, Hartford, a limited purpose trust bank subsidiary 

(organized solely to facilitate the acquisition) of State Street Bank and Trust Company, 

Boston.

- Submitted, August 26, 2003 

New York

Extensions Of Time

Canton Bancorp, Inc., Canton, Pennsylvania -- extension to November 20, 2003, to 

become a bank holding company through the acquisition of The First National Bank of 

Canton.

- Granted, August 28, 2003 

Philadelphia

Merchants Financial Group, Inc., Winona, Minnesota -- extension to December 4, 2003, 

to acquire Merchants Bank, National Association, La Crescent, a de novo bank, in 

connection with the relocation of the charter of the existing Merchants Bank, National 

Association to Onalaska, Wisconsin.

- Granted, August 27, 2003 

Minneapolis

Texas State Bank, McAllen, Texas -- extension to December 3, 2003, to establish a 

branch at 2314 West University Drive, Edinburg.

- Granted, August 25, 2003 

Dallas

Membership

New City Bank, Chicago, Illinois -- to become a member of the Federal Reserve System.

- Withdrawn, August 28, 2003 

Chicago

(AC) = Addition or Correction Delegated - Page 6 of 7
H.2 Actions under delegated authority August 24, 2003 to August 30, 2003

Regulations And Policies

Regulation F -- technical amendments in connection with the Board's policy of periodic 

regulatory review.

- Approved, August 28, 2003 

Secretary

Securities Regulation

List of Foreign Margin Stocks -- semiannual publication.

- Published, August 28, 2003 

Director, BS&R

(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 30, 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 Quarter of

Institution Location

None
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, August 30, 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

3A1 Shinhan Financial Group Co., Ltd., Seoul, Korea, to becom a 

bank holding company, pursuant to Section 3(a)(1) of the Bank 

Holding Company Act, by acquiring 80.04 percent of the voting 

stock of Chohung Bank, Seoul, Korea, which in turn owns 100 

persent of the voting shares of CHB America Bank, Seoul, 

Korea.

Newspaper – 09/07/2003

Fed Reg – 09/29/2003

3A1 Evergreen Holdings, LLC, New York, New York, to become a 

banh holding company, pursuant to Section 3(a)(1) of the Bank 

Holding Company Act, by acquiring 65.88 percent of Eastbank 

Corporation, New York, New York.

Newspaper – 08/25/2003

Fed Reg – 09/29/2003

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4C8 Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft, 

Munich, Germany, seeks to acquire 26.27% of the shares of 

Hypo Real Estate Holding AG, Munich, Germany, (“REH AG”) 

and thereby engage in non-banking activities pursuant to section 

225.28(b)(1) of Regulation Y through REG AG’s indirect 

subsidiary Hypo Real Estate Capital Corporation, Wilmington, 

Delaware.

Fed Reg – N/Avail
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD 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, August 30, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) & Branch Layfayette Ambassador Bank, Easton, PA, to acquire two 

branches of Premier Bank, Doylestown, PA, located at 

2201 Northampton Street, Easton, PA, and 1401 Easton 

Avenue, Bethlehem, PA.

Newspaper – N/Avail

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

Type Application

Ending date of

comment period

3(a)(1) KNBT Bancorp, Inc., Bethlehem, PA, to form a bank 

holding company by acquiring Keystone Savings Bank, 

Bethlehem, PA,

Newspaper – N/Avail

Fed Reg – 09/26/2003

3(a)(5) KNBT Bancorp, Inc., Bethlehem, PA, to acquire First 

Colonial Group, Inc., Nazareth, PA, and it's wholly own 

subsidiary Nazareth National Bank and Trust Company, 

Nazareth, PA. 

Newspaper – N/Avail

Fed Reg – 09/26/2003

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 Quarter of

Institution Location

None
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, August 30, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18C & Branch Applications by Fifth Third Bank, Michigan, Grand Rapids, 

Michigan to effect an internal reorganization and acquire 

through merger, Fifth Third Bank, Northern Kentucky, 

Covington, Kentucky; Fifth Third Bank, Kentucky, Louisville, 

Kentucky; Fifth Third Bank, Florida, Naples, Florida; and Fifth 

Third Bank, Indiana, Indianapolis, Indiana; pursuant to section 

18(c) of the Federal Deposit Insurance Act and to establish 

branch facilities pursuant to section 9 of the Federal Reserve 

Act. .

Newspaper – 09/18/2003

3A3, 18C Branch 

& 5D3

Application by Sky Financial Group, Inc., Bowling Green, Ohio, 

to acquire GLB Bancorp, Inc., Mentor, Ohio, pursuant to section 

3(a)(3) of the Bank Holding Company Act AND Sky Bank, 

Salineville, Ohio, to acquire by merger, Great Lakes Bank, 

Mentor, Ohio, pursuant to sections 5(d)(3) and 18(c) of the 

Federal Deposit Insurance Act and establish branches therein 

pursuant to section 9 of the Federal Reserve Act

Newspaper – 09/25/2003

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

Type Application

Ending date of

comment period

CIC Notice of Change in Bank Control by Laurie L. McClellan and 

Walter L. McClellan of their intent to acquire ownership and 

control of up to 20.97 percent of the outstanding voting shares of 

Consumer Bancorp, Inc., Minerva, Ohio, pursuant to section 

225.41 of Regulation Y.

Newspaper – N/Avail

Fed Reg – N/Avail

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 facilitie s.

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 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, August 30, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

a branch at 101 NE Third Avenue, Suite 100, Ft. Lauderdale, 

Florida.*

Newspaper – 09/09/2003

*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

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 2003

Institution Location

Farmers & Mechanics Bank Frederick, Maryland

CapitalBank Greenwood, South Carolina

Central Virginia Bank Powhatan, Virginia

Bank of Tazewell Tazewell, Virginia
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, August 30, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

located at the southeast corner of Anderson Mill Road and 

Highway 183, Austin, Texas.*

Newspaper – 08/30/2003

*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) BancTrust Financial Group, Inc., Mobile, Alabama, to merge 

with the CommerceSouth, Inc., Eufaula, Alabama, and thereby 

directly acquire its subsidia ry, CommerceSouth Bank, Eufaula, 

Alabama.*

Newspaper – N/Avail

Fed Reg –09/29/2003

CIC Bonifay Holding Company, Inc., Bonifay, Florida, after-the-fact 

notification filed by Guy F. Medley, Michael P. McCann, both 

of Dothan, Alabama, and Michael A. Medley, Bonifay, Florida, 

to retain 30.35 percent of the outstanding shares of Bonifay 

Holding Company, Inc., and The Bank of Bonifay, both of 

Bonifay, Florida. Total ownership will equal 37.20 percent.

Newspaper – 09/18/2003

Fed Reg – 09/10/2003

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 – 08/30/2003

Fed Reg – 09/03/2003

3(a)(1) RB Bancorporation, Athens, Alabama, to become a bank 

holding company by acquiring Reliance Bank, Athens, 

Alabama.*

Newspaper – N/Avail

Fed Reg – 09/15/2003

*Subject to provisions of the Community Reinvestment Act
Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Capitol City Bancshares, Inc., Atlanta, Georgia, after-the-fact 

notification to retain Capitol City Home Loans, Inc., Atlanta, 

Georgia, and thereby continue engaging de novo in making, 

acquiring, brokering, or servicing loans or other extensions of 

credit, pursuant to section 225.28(b)(1)of Regulation Y and 

section 4(c)(8) of the Bank Holding Company Act.

Fed Reg – 09/18/2003

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

Type Application

3(a)(1) Alliance Bancshares, Inc., Dalton, Georgia, notice to become a 

bank holding company by acquiring Alliance National Bank, 

Dalton, Georgia.

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, August 30, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Ames Community Bank, Ames, Iowa, to establish a branch 

facility to be located at 604 N. Highway 69, Huxley, Iowa.*

Newspaper – N/Avail

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

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

to establish a branch facility to be located at 107 N. State 

Road 135, Suite 201, Greenwood, Indiana.*

Newspaper – 09/15/2003

18C Rolling Hills Bank and Trust, Atlantic, Iowa, to purchase 

the assets and assume liabilities of the Walnut, Iowa, and 

Atlantic, Iowa branch offices of American Interstate bank, 

Manning, Iowa.*

Newspaper – N/Avail

18C & Branches Southwest Bank of St. Louis, St. Louis, Missouri, to merge with 

Southwest Bank, Belleville, Illinois, and thereby to establish a 

branch at 2 Carlyle Park Drive, Belleville, Illinois.*

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

CIC Notice by Alfred H. Peterson, III and Jane E. Peterson, 

Brighton, Michigan to retain control of 11.24 percent of the 

outstanding shares of FNB Financial Corporation, Three 

Rivers, Michigan, and thereby indirectly control The First 

National Bank of Three Rivers, Three Rivers, Michigan.

Fed Reg – N/Avail

Newspaper – N/Avail

CIC Notice by Frances E. Powers, Defiance, Iowa, to acquire an 

additional 49.78 percent and thereby control 52.44 percent 

of Union Bancorporation, Defiance, Iowa, and thereby 

indirectly control Defiance State Bank, Defiance, Iowa.

Fed Reg – 08/15/2003

Newspaper – 08/14/2003

* 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

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 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, August 30, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18C & Branch The Farmers & Merchants Bank, Stuttgart, Arkansas, to 

purchase the assets and assume the liabilities of the Des Arc, 

Arkansas branch of Union Planters Bank, National Association, 

Memphis, Tennessee, and retain the acquired facility as a branch 

office.*

Newspaper – 09/26/2003

* 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

3A3 Mercantile Bancorp, Inc., Quincy, Illinois, to acquire up to 13.96 

percent of NorthStar Bancshares, Inc., Kansas City, Missouri, 

and thereby indirectly acquire NorthStar Bank, National 

Association, Kansas City, Missouri.*

Newspaper – 09/25/2003

Fed Reg – 09/29/2003

* 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

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

185859 Lindell Bank & Trust Company

St. Louis, Missouri 04/28/2003 08/25/2003 S X

177751

Cass Commercial Bank

Bridgeton, Missouri

05/12/2003 08/28/2003 S 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 30, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18C & Branch Citizens State Bank of Arlington, Arlington, South Dakota, to 

merge with First State Bank of Sinai, Sinai, South Dakota, and 

thereby to establish a branch at Main Street, Sinai, South 

Dakota.*

Newspaper – 09/22/2003

*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

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

259956 The State Savings Bank of 

Manistique

Manistique, Michigan

05/05/2003 08/29/2003 S X

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, August 30, 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

Investment in 

Bank Premises

Citizens Bank & Trust Company, Okmulgee, Oklahoma, to 

increase its investment in bank premises in the amount of 

$3,072,326.00.
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

702050 First State Bank

301 S. Connell Avenue

Picher, Oklahoma 74360-153

06/02/2003 08/27/2003 S X

152057 Bank of Commerce

322 W. 6th Street

Chelsea, Oklahoma 74016-1638

05/27/2003 08/27/2003 S X

507255 Community Bank of Rockies

501 Main

La Jara, Colorado 81140

06/02/2003 08/27/2003 O 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 30, 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

3(a)(5) Prosperity Bancshares, Inc., Houston, TX, to acquire

MainBancorp, Inc., Austin, TX, and Main Bank, National 

Association, Dallas, TX* (previously reported the week ending 

August 23, 2003)

Fed Reg – 09/15/2003

Newspaper – 09/15/2003

*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

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, August 30, 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 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

2583347 Rancho Bernardo Community Bank

16495 Bernardo Center Drive

San Diego, CA 92128

858-451-9100

05/12/2003 08/28/2003 S X

The above listing has been prepared as a courtesy by the Federal Reserve Bank of San Francisco, and is not 

intended to replace formal notices required by statute or regulation; the Reserve Bank assumes no responsibility 

for errors or omissions.

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None