Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 37

Week Ending September 16, 2006

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions September 10, 2006 to September 16, 2006

Testimony And Statements

Basel II and Commercial Real Estate -- statement by Governor Bies before the 

Subcommittee on Financial Institutions and Consumer Credit of the House 

Committee on Financial Services.

- Published, September 14, 2006 

Bank Holding Companies

First National Bank Group, Inc., Edinburg, Texas -- to acquire up to 9.9 percent of 

the shares of Southside Bancshares, Inc., Tyler.

- Approved, September 11, 2006 

Glacier Bancorp, Inc., Kalispell, Montana -- to acquire Citizens Development 

Company, Billings, and its five subsidiary banks.

- Approved, September 14, 2006 

Passumpsic Bancorp, St. Johnsbury, Vermont -- to merge with The Siwooganock 

Holding Company, Inc., Lancaster, New Hampshire, and acquire its subsidiary 

bank, The Siwooganock Bank, and its ownership interest in The Lancaster National 

Bank.

- Approved, September 14, 2006 

Forms

Forms -- final Board review to extend without revision the Reporting and 

Disclosure Requirements Associated with Regulation P (Privacy of Consumer 

Financial Information) (Reg P).

- Approved, September 11, 2006 

Enforcement

Exchange Bank of Missouri, Fayette, Missouri -- written agreement with the 

Missouri Division of Finance and the Federal Reserve Bank of Kansas City.

- Announced, September 11, 2006 

(AC) = Addition or Correction Board - Page 1 of 1
September 10, 2006 to September 16, 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

Comerica Bank, Detroit, Michigan -- to establish a branch at 1000 Aviara Parkway, 

Carlsbad, California.

- Approved, September 8, 2006 (AC)

Secretary

Compass Bank, Birmingham, Alabama -- to establish a branch at the North Central 

Baptist Hospital Campus, 520 Madison Oak Drive, Suite 150, San Antonio, Texas.

- Approved, September 15, 2006 

Atlanta

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

7100 South Harvard Avenue.

- Approved, September 15, 2006 

Secretary

Farmers & Merchants Bank, Timberville, Virginia -- to operate a courier service in 

Shenandoah and Page counties.

- Approved, September 13, 2006 

Richmond

First Community Bank, Harbor Springs, Michigan -- to establish a branch at 102 

East Front Street, Traverse City.

- Approved, September 11, 2006 

Chicago

First Florida Bank, Naples, Florida -- to establish a branch at the intersection of 

Toledo Blade and Peachland Boulevards, Port Charlotte.

- Approved, September 15, 2006 

Atlanta

Manufacturers and Traders Trust Company, Buffalo, New York -- for M&T Bank 

to establish a branch at 9214 Center Street, Manassas, Virginia.

- Approved, September 15, 2006 

New York

(AC) = Addition or Correction Delegated - Page 1 of 8
H.2 Actions under delegated authority September 10, 2006 to September 16, 2006

Bank Branches, Domestic

Regions Bank, Birmingham, Alabama -- to establish a branch at 200 Marina Drive, 

Tuscaloosa.

- Approved, September 15, 2006 

Atlanta

SunTrust Bank, Atlanta, Georgia -- to establish a branch at 2926 Lamar Avenue, 

Suite 106, Memphis, Tennessee.

- Approved, September 15, 2006 

Secretary

Town Bank, Delafield, Wisconsin -- to establish a branch at 13150 Watertown 

Plank Road, Elm Grove.

- Approved, September 14, 2006 

Chicago

Bank Holding Companies

Belvedere Capital Fund II L.P., San Francisco, California, and Belvedere Capital 

Partners II LLC -- to acquire Promerica Bank, Los Angeles, a de novo bank.

- Approved, September 12, 2006 

Secretary

Community Bancorp, Las Vegas, Nevada -- waiver of application to merge with 

Valley Bancorp and for Valley Bank to merge with Community Bank of Nevada.

- Granted, September 15, 2006 

San Francisco

Exchange Bancshares, Inc., Mayfield, Kentucky -- to acquire Purchase Area 

Bancorp, Inc., Bardwell, and thereby acquire Bardwell Deposit Bank.

- Approved, September 12, 2006 

St. Louis

Fidelity Mutual Holding Company, Fitchburg, Massachusetts, and Life Design 

Holding Company -- to become a mutual bank holding company and a stock bank 

holding company, respectively, and to acquire Fidelity Co-operative Bank.

- Approved, September 11, 2006 

Boston

(AC) = Addition or Correction Delegated - Page 2 of 8
H.2 Actions under delegated authority September 10, 2006 to September 16, 2006

Bank Holding Companies

First Commerce Bancorp, Inc., Lewisburg, Tennessee -- to become a bank holding 

company and to acquire First Commerce Bank.

- Approved, September 15, 2006 

Atlanta

First M&F Corporation, Kosciusko, Mississippi -- waiver of application in 

connection with the acquisition of Tri-County Bank, Trenton, Florida.

- Granted, September 11, 2006 

St. Louis

Florida Bank Group, Inc., Tampa, Florida -- to acquire Bank of North Florida, 

Jacksonville, a de novo bank.

- Approved, September 15, 2006 

Atlanta

Mercantile Bancorp, Inc., Quincy, Illinois -- to acquire Royal Palm Bancorp, Inc., 

Naples, Florida, and Royal Palm Bank of Florida.

- Approved, September 13, 2006 

St. Louis

Meridian Financial Services, Inc., East Boston, Massachusetts, and Meridian 

Interstate Bancorp, Inc. -- to acquire up to 40 percent of the shares of Hampshire 

First Bank, Manchester, New Hampshire.

- Approved, September 12, 2006 

Boston

NewAlliance Bancshares, Inc., New Haven, Connecticut -- waiver of application to 

merge with Westbank Corporation, West Springfield, Massachusetts, and for 

Westbank Corporation's subsidiary, Westbank, to merge with NewAlliance 

Bancshares' subsidiary, NewAlliance Bank.

- Granted, September 15, 2006 

Boston

(AC) = Addition or Correction Delegated - Page 3 of 8
H.2 Actions under delegated authority September 10, 2006 to September 16, 2006

Bank Holding Companies

Ogden Bancshares, Inc., Ames, Iowa -- to acquire VisionBank, West Des Moines, a 

de novo bank; for VisionBank to become a member of the Federal Reserve System; 

and for VisionBank to purchase the assets and assume the liabilities of the Grimes 

and West Des Moines branches of Community Bank of Boone, Boone.

- Approved, September 15, 2006 

Chicago

Peoples BankTrust, Inc., Buford, Georgia -- to become a bank holding company and 

to acquire Peoples Bank & Trust.

- Approved, September 13, 2006 

Atlanta

S.Y. Bancorp, Inc., Louisville, Kentucky -- to engage in extending credit and 

servicing loans.

- Approved, September 15, 2006 

St. Louis

Webster Financial Corporation, Waterbury, Connecticut -- to acquire NewMil 

Bancorp, Inc., New Milford, and its subsidiary, NewMil Bank.

- Approved, September 13, 2006 

Boston

Bank Mergers

Community Bank of Nevada, Las Vegas, Nevada -- to merge with Valley Bank and 

thereby acquire five Nevada branches.

- Approved, September 14, 2006 

San Francisco

First Bank, St. Louis, Missouri -- to purchase certain assets and assume certain 

liabilities of three branches of MidAmerica National Bank, Canton, Illinois, located 

in Peoria and Bloomington and thereby establish branches.

- Approved, September 13, 2006 

St. Louis

(AC) = Addition or Correction Delegated - Page 4 of 8
H.2 Actions under delegated authority September 10, 2006 to September 16, 2006

Change In Bank Control

Cypress Corporation, Omaha, Nebraska -- change in bank control.

- Permitted, September 12, 2006 

Kansas City

Competitive Factors Reports

Bradford Bank, Baltimore, Maryland -- report on competitive factors of the 

proposed merger with Valley Bank of Maryland, Pikesville.

- Submitted, September 14, 2006 

Richmond

Cathay Bank, Los Angeles, California -- report on competitive factors of the 

proposed merger with New Asia Bank, Chicago, Illinois.

- Submitted, September 12, 2006 

San Francisco

Citibank, N.A., New York, New York -- report on competitive factors of the 

proposed merger with Citibank International, Miami, Florida.

- Submitted, September 15, 2006 

New York

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

proposed merger with Community Finance Center, Inc.

- Submitted, September 12, 2006 

Chicago

The First National Bank of Hope, Hope, Arkansas -- report on competitive factors 

of the proposed purchase of assets and assumption of liabilities of the Spruce Street, 

Lewisville office of The First National Bank of Lewisville.

- Submitted, September 11, 2006 

St. Louis

The First National Bank of Lewisville, Lewisville, Arkansas -- report on 

competitive factors of the proposed merger with The First National Bank of Hope, 

Hope.

- Submitted, September 11, 2006 

St. Louis

(AC) = Addition or Correction Delegated - Page 5 of 8
H.2 Actions under delegated authority September 10, 2006 to September 16, 2006

Competitive Factors Reports

Garnett State Savings Bank, Garnett, Kansas -- report on competitive factors of the 

proposed purchase of certain assets and assumption of certain liabilities of Bank of 

Kansas City, NA, Overland Park, a de novo bank.

- Submitted, September 12, 2006 

Kansas City

Great Western Bank, Watertown, South Dakota -- report on competitive factors of 

the proposed merger with Great Western Bank, Omaha, Nebraska, and Great 

Western Bank, Clive, Iowa.

- Submitted, September 13, 2006 

Minneapolis

Higher One Bank, New Haven, Connecticut, a de novo bank -- report on 

competitive factors of the proposed purchase and assumption of certain deposit 

liabilities of The Frost National Bank, San Antonio, Texas.

- Submitted, September 13, 2006 

Boston

Nevada Security Bank, Reno, Nevada -- report on competitive factors of the 

proposed merger with Northern Nevada Bank.

- Submitted, September 12, 2006 

San Francisco

New Alliance Bancshares, Inc., New Haven, Connecticut -- report on competitive 

factors of the proposed merger of New Alliance Bank and Westbank, West 

Springfield.

- Submitted, September 14, 2006 

Boston

Reliance Savings Bank, Altoona, Pennsylvania -- report on competitive factors of 

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

branches of Susquehanna Bank, Hagerstown, Maryland.

- Submitted, September 11, 2006 

Philadelphia

(AC) = Addition or Correction Delegated - Page 6 of 8
H.2 Actions under delegated authority September 10, 2006 to September 16, 2006

Competitive Factors Reports

TD Banknorth, National Association, Portland, Maine -- report on competitive 

factors of the proposed purchase of certain assets and assumption of certain 

liabilities of TD Bank USA, National Association, New York, New York.

- Submitted, September 13, 2006 

Boston

Extensions Of Time

Adam Bank Group, Inc., Ocala, Florida -- extension to January 13, 2007, to become 

a bank holding company and to acquire at least 89 percent of the shares of 

American Momentum Bank, Tampa, Florida, a de novo bank.

- Granted, September 12, 2006 

Atlanta

Adams Bank & Trust, Ogallala, Nebraska -- extension to December 31, 2006, to 

establish a branch at 7700 South College Avenue, Fort Collins, Colorado.

- Granted, September 15, 2006 

Kansas City

Iowa State Bank, Wapello, Iowa -- extension to November 23, 2006, to establish a 

branch at 1403 South Roosevelt Avenue, Burlington.

- Granted, September 14, 2006 

Chicago

National City Corporation, Cleveland, Ohio -- commenter's request to extend the 

comment period on the application to acquire Harbor Florida Bancshares, Inc., Fort 

Pierce, Florida, and thereby acquire Harbor Federal Savings Bank.

- Denied, September 12, 2006 

Secretary

National City Corporation, Cleveland, Ohio -- commenter's request to extend the 

comment period on the application to acquire Fidelity Bankshares, Inc., West Palm 

Beach, Florida, and thereby acquire Fidelity Federal Bank & Trust.

- Denied, September 14, 2006 

Secretary

(AC) = Addition or Correction Delegated - Page 7 of 8
H.2 Actions under delegated authority September 10, 2006 to September 16, 2006

Extensions Of Time

Regulation E (Electronic Fund Transfers) -- commenter's request to extend the 

comment period on the interim final rule with request for comment regarding 

electronic collection of service fees and electronic check conversion transactions 

(Docket No. R-1265).

- Denied, September 11, 2006 

Secretary

Membership

Alta Alliance Bank, Oakland, California, a de novo bank -- to become a member of 

the Federal Reserve System.

- Approved, September 11, 2006 

San Francisco

Bank of North Florida, Jacksonville, Florida -- to become a member of the Federal 

Reserve System.

- Approved, September 13, 2006 

Atlanta

First National Bank of Pinedale, Pinedale, Wyoming -- to retain membership in the 

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

be known as First State Bank of Pinedale.

- Approved, September 12, 2006 

Kansas City

(AC) = Addition or Correction Delegated - Page 8 of 8
District: 1

Federal Reserve Bank of Boston

Filings received during the week ending September 16, 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 16, 2006

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

Not available

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 16, 2006

Filer Filing Type Filing Proposal End of Comment Period

NONE

* 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

NONE

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 16, 2006

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Fifth Third Bank, Grand Rapids, MI to 09/06/2006

establish a branch at 1950 W. 33rd Street,

Chicago, IL.

FIFTH THIRD BANK

Newspaper:

Federal Register:

* Branch

Not applicable

Fifth Third Bank, Grand Rapids, MI to 09/06/2006

establish a branch at 7770 66th Street, Pinellas

Park, FL.

FIFTH THIRD BANK

Newspaper:

Federal Register:

* Branch

Not applicable

Fifth Third Bank, Grand Rapids, MI to 09/06/2006

establish a branch at 2644 Showplace Drive,

Naperville, IL.

FIFTH THIRD BANK

Newspaper:

Federal Register:

* Branch

Not applicable

Fifth Third Bank, Cincinnati, OH to establish a 09/07/2006

branch at 20 South Tuttle Road, Springfield,

OH.

FIFTH THIRD BANK

Newspaper:

Federal Register:

* Branch

Not applicable

Fifth Third Bank, Cincinnati, OH to establish a 09/07/2006

branch at 5750 North Main Street, Dayton,

OH.

FIFTH THIRD BANK

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

Perpetual Savings Bank, Wellsville, Ohio, to

merge with Sky Bank, Salineville, Ohio, and

incident thereo, establish branches pursuant to

Section 9 of the Federal Reserve Act

PERPETUAL SAVINGS BANK

* 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 16, 2006

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Bank of the Commonwealth, Norfolk, 09/30/2006

Virginia, proposes to establish a branch at

2600 Taylor Road, Chesapeake, Virginia.

BANK OF THE

COMMONWEALTH

Newspaper:

Federal Register:

* Branch

Not applicable

Bank of the Commonwealth, Norfolk, 09/30/2006

Virginia, proposes to establish a branch at

1020 London Boulevard, Portsmouth, Virginia.

BANK OF THE

COMMONWEALTH

Newspaper:

Federal Register:

* 3A5 09/23/2006

09/25/2006

First Charter Corporation, Charlotte, North

Carolina, to acquire 100% of the voting

securities of GBC Bancorp, Inc.,

Lawrenceville, Georgia, and thereby indirectly

acquire Gwinnett Banking Company,

Lawrenceville, Georgia.

FIRST CHARTER

CORPORATION

Newspaper:

Federal Register:

* Branch

Not applicable

HomeTown Bank, Roanoke, Virginia, proposes 09/30/2006

to establish a branch at 4227 Colonial Avenue,

Roanoke, Virginia.

HOMETOWN BANK

Newspaper:

Federal Register:

* 3A3 Not available

* 18C

* Branch

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

NONE

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 16, 2006

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

3A1 Not applicable

Not applicable

Cornerstone Bancorp, Inc., notice to become a

bank holding company by acquiring 100

percent of the outstanding shares of

Cornerstone Community Bank, both of St.

Petersburg, Florida.

CORNERSTONE BANCORP,

INC.

Newspaper:

Federal Register:

* 3A1 10/15/2006

10/13/2006

CP Capital Asset Acquisition, Inc., Miami,

Florida, to become a bank holding company by

acquiring 100 percent of the outstanding shares

of Security Bank, N.A., North Lauderdale,

Florida.

CP CAPITAL ASSET

ACQUISITION, INC.

Newspaper:

Federal Register:

* 18C

Not applicable

Sun American Bank, Boca Raton, Florida, to 09/09/2006

acquire certain assets and assume certain

liabilities of Beach Bank, North Miami Beach,

Florida.

SUN AMERICAN BANK

Newspaper:

Federal Register:

* 3A1 09/30/2006

09/29/2006

Traders & Farmers Bancorporation, Inc., to

become a bank holding company by acquiring

100 percent of the outstanding shares of

Traders & Farmers Bank, both of Haleyville,

Alabama.

TRADERS & FARMERS

BANCSHARES, 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 16, 2006

Filer Filing Type Filing Proposal End of Comment Period

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 applicable

Clear Lake Bank & Trust Company, Clear 09/17/2006

Lake, Iowa, to establish a branch facility to be

located at the 2900 block of 4th Stree SW,

Mason City, Iowa.

CLEAR LAKE BANK AND

TRUST COMPANY

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 applicable

Comerica Bank, Detroit, Michigan, to establish 09/23/2006

two branch facilities to be located at 800 SE

Monterey Commons Blvd., Stuart, Florida, and

155 E. Blue Heron Blvd., Riviera Beach,

Florida.

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

Hinsbrook Bank & Trust, Willowbrook, 09/11/2006

Illinois, to establish a branch facility to be

located at 311 N. Second Street, St. Charles,

Illinois.

HINSBROOK BANK AND

TRUST

Newspaper:

Federal Register:

* 18C

* Branch Not applicable

Hinsdale Bank & Trust Company, Hinsdale, 09/25/2006

Illinois, to purchase the assets and assume the

liabilities of four branches of Hinsbrook Bank

& Trust, Willowbrook, Illinois, and thereby to

establish 4 branches.

HINSDALE BANK & TRUST

COMPANY

Newspaper:

Federal Register:

Member Not applicable

Not applicable

Labe Bank, Chicago, Illinois, to become a

member of the Federal Reserve System.

LABE 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.

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

Federal Reserve Bank of Chicago

Filings received during the week ending September 16, 2006

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

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.

Newspaper:

Federal Register:

* 18C

* Branch Not applicable

Wheaton Bank & Trust, Wheaton, Illinois, to 09/25/2006

purchase the assets and assume the liabilities

of two branches of Hinsbrook Bank & Trust,

Willowbrook, Illinois, and thereby to establish

two branches.

WHEATON BANK & TRUST

* 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

NONE

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 16, 2006

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 10/09/2006

10/06/2006

Community First Bancorp, Inc., Fairview

Heights, Illinois, to become a bank holding

company by acquiring 100 percent of

Community First Bank, Fairview Heights,

Illinois.

COMMUNITY FIRST

BANCORP, INC.

Newspaper:

Federal Register:

* 3A3 10/08/2006

10/06/2006

St. Elizabeth Bancshares, Inc., St. Elizabeth,

Missouri, to acquire 100 percent of Bank of

Freeburg, Freeburg, Missouri.

ST. ELIZABETH

BANCSHARES, INC.

* 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 16, 2006

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

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 16, 2006

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

4c8 Not applicable

Not applicable

BBOK Bancshares, Inc., Wichita, Kansas, to

engage in securities brokerage, private

placement services, underwriting and dealing

in government obligations, and money market

instruments, through the acquisition of First St.

Louis Capital Markets, Inc., St. Louis,

Missouri.

BBOK BANCSHARES, INC.

Newspaper:

Federal Register:

* 3A1 Not available

Not available

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:

* 3A1 10/07/2006

10/06/2006

BOR Bancorp, to become a bank holding

company through the acquisition of 100

percent of the voting shares of Bank of

Rothville, both in Rothville, Missouri.

BOR BANCORP

Newspaper:

Federal Register:

CIC 09/27/2006

09/29/2006

Notification by Steve Burrage, Antlers,

Oklahoma, as co-trustee of the John L. Massey

2003 Family Trusts, to acquire control of

Durant Bancorp, Inc., parent of First United

Bank & Trust Company, both in Durant,

Oklahoma.

DURANT BANCORP, INC.

* 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 16, 2006

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

LegacyTexas Bank, Plano, Texas, to establish a 09/22/2006

branch to be located at 907 South Main Street,

Grapevine, Texas 76051.

LEGACYTEXAS BANK

Newspaper:

Federal Register:

* Branch

Not applicable

PlainsCapital Bank, Lubbock, Texas, to 09/26/2006

establish a branch to be located at 8200

Douglas Avenue, Suite #100, Dallas, Texas

75225.

PLAINSCAPITAL BANK

* 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 16, 2006

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

Not available

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.

CATHAY FINANCIAL

HOLDING CO., LTD.

Newspaper:

Federal Register:

* 3A1 Not available

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.

* 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