Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 51 

Week Ending December 21, 2002 

Board of Governors of the Federal Reserve System, Washington, DC 20551 
H.2 Board Actions December 15, 2002 to December 21, 2002 

Advisory Councils 

Consumer Advisory Council -- appointment of ten new members and designation of 

Ronald Reiter as Chair and Agnes Bundy Scanlan as Vice Chair for 2003. 

- Approved, December 20, 2002 

Currency 

Federal Reserve Notes -- new currency budget for 2003. 

- Approved, December 20, 2002 

Forms 

Regulation H -- final review of proposal to extend without revision the 

Recordkeeping and Disclosure Requirements Associated with Loans Secured by 

Real Estate Located in Flood Hazard Areas (Reg H-2). 

- Approved, December 17, 2002 

Regulations And Policies 

Disciplinary Actions Against Accountants -- request for comment on proposed 

interagency regulations regarding disciplinary actions against accountants who fail 

to meet certain professional standards (Docket No. R-1139). 

- Approved, November 26, 2002 (AC) 

Financial Institutions Examinations -- report to Congress on interagency efforts to 

coordinate examinations. 

- Approved, December 20, 2002 

Reserve Bank Operations 

Federal Reserve Bank and Federal Reserve Information Technology Budgets --

budgets for 2003. 

- Approved, December 17, 2002 

Enforcement 

Metamora Bancorp, Inc., Metamora, Ohio, and The Metamora State Bank -- written 

agreement, dated December 10, 2002, with the Federal Reserve Bank of Cleveland 

and the Ohio Division of Financial Institutions. 

- Announced, December 19, 2002 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority December 15, 2002 to December 21, 2002 

BS&R 

C&CA 

FOMC 

Banking Supervision and Regulation 

Consumer and Community Affairs 

Federal Open Market Committee 

RBOPS 

IF 

OSDM 

Reserve Bank Operations and Payment Systems 

International Finance 

Office of Staff Director for Management 

Bank Branches, Domestic 

Atlanta 

Colonial Bank, Montgomery, Alabama -- to establish a branch at 2223 Del Prado 

Boulevard South, Cape Coral, Florida. 

- Approved, December 17, 2002 

Atlanta 

Colonial Bank, Montgomery, Alabama -- to establish a branch at 6360 West Plano 

Parkway, Plano, Texas. 

- Approved, December 18, 2002 

Richmond 

Community First Bank, Lynchburg, Virginia -- to establish a branch at 8509 

Timberlake Road. 

- Approved, December 17, 2002 

Cleveland 

Fifth Third Bank, Cincinnati, Ohio -- to establish a branch at 612 South Burnett 

Road, Springfield. 

- Approved, December 20, 2002 

Kansas City 

Five Points Bank, Grand Island, Nebraska -- to establish a branch at 20 East 21st 

Street, Kearney. 

- Approved, December 18, 2002 

Kansas City 

The Guarantee State Bank, Mangum, Oklahoma -- to establish a branch at 204 

North Oklahoma Avenue and to relocate its main office to Lawton. 

- Approved, December 16, 2002 

Bank Holding Companies 

San Francisco 

Auburn Community Bancorp, Auburn, California -- to become a bank holding 

company through the acquisition of Auburn Community Bank. 

- Approved, December 18, 2002 

(AC) = Addition or Correction Delegated - Page 1 of 9 
H.2 December 15, 2002 to December 21, 2002 

Bank Holding Companies 

Atlanta 

Boston 

Bancshares of Florida, Inc., Naples, Florida -- to acquire Florida Trust Company, 

Inc., Ft. Lauderdale, and thereby engage in trust company activities. 

- Returned, December 20, 2002 

Boston Private Financial Holdings, Inc., Boston, Massachusetts -- to acquire shares 

of Coldstream Holdings, Inc., Bellevue, Washington, and its subsidiaries, 

Coldstream Capital Management, Inc., and Coldstream Securities, Inc. and thereby 

engage in investment advisory activities, commodity pool operator activities, and 

securities brokerage in an agency capacity. 

- Approved, December 16, 2002 

St. Louis 

Central Missouri Shares, Inc., Lebanon, Missouri -- to become a bank holding 

company through the acquisition of Central Shares, Inc., and its subsidiary, Central 

Bank. 

- Approved, December 16, 2002 

Atlanta 

Coastal Commerce Bancshares, Inc., Houma, Louisiana -- to become a bank holding 

company through the acquisition of Coastal Commerce Bank. 

- Returned, December 17, 2002 

Kansas City 

Commerce Bancshares, Inc., Kansas City, Missouri -- to engage in leasing activities 

through the acquisition of The Vaughn Group, Inc., West Chester, Ohio. 

- Approved, December 20, 2002 

Richmond 

First Bancorp, Troy, North Carolina -- to acquire Carolina Community Bancshares, 

Inc., Latta, South Carolina, and thereby indirectly acquire Carolina Community 

Bank, N.A. 

- Approved, December 17, 2002 

(AC) = Addition or Correction Delegated - Page 2 of 9 
H.2 December 15, 2002 to December 21, 2002 

Bank Holding Companies 

San Francisco 

First State Bancorp, Granada Hills, California -- to become a bank holding company 

through the acquisition of First State Bank of California. 

- Approved, December 20, 2002 

St. Louis 

G.L. Smith & Associates, Inc., Louisville, Kentucky -- to become a bank holding 

company through the acquisition of First Bank, Inc. 

- Withdrawn, December 19, 2002 

Chicago 

Herky Hawk Financial Corp., Monticello, Iowa -- to acquire Munter Agency, Inc., 

Strawberry Point, and thereby indirectly acquire Union Bank & Trust Company. 

- Approved, December 20, 2002 

St. Louis 

Independent Holdings, Inc., Memphis, Tennessee -- to become a bank holding 

company through the acquisition of Independent Bank. 

- Approved, December 17, 2002 

Minneapolis 

Minnwest Corporation, Minnetonka, Minnesota -- to acquire Minnwest Investment 

& Insurance Center, Inc., Montevideo, and thereby indirectly engage in insurance 

agency and securities brokerage activities. 

- Approved, December 17, 2002 

Atlanta 

Neighbors Bancshares, Inc., Roswell, Georgia -- to become a bank holding 

company through the acquisition of Neighbors Bank, a de novo bank. 

- Approved, December 18, 2002 

Secretary 

Ohnward Bancshares, Inc., Maquoketa, Iowa -- waiver of application to acquire 

Eastern Iowa Bancshares, Ltd., Monticello, in connection with the merger of their 

subsidiary banks, Tri-County Bank & Trust Co., Cascade, and First Iowa Bank, 

Monticello. 

- Granted, December 16, 2002 

(AC) = Addition or Correction Delegated - Page 3 of 9 
H.2 December 15, 2002 to December 21, 2002 

Bank Holding Companies 

San Francisco 

Oregon Pacific Bancorp, Florence, Oregon -- to become a bank holding company 

through the acquisition of Oregon Pacific Banking Company and election to become 

a financial holding company. 

- Approved, December 18, 2002 

Chicago 

Prairieland Bancorp Employee Stock Ownership Plan and Trust, Bushnell, 

Illinois -- to increase its ownership of Prairieland Bancorp, Inc. and thereby 

indirectly acquire Farmers and Merchants State Bank. 

- Approved, December 20, 2002 

Atlanta 

Synovus Financial Corporation, Columbus, Georgia -- to merge with FNB Newton 

Bankshares, Inc., Covington, and thereby acquire its subsidiary, First Nation Bank. 

- Approved, December 20, 2002 

St. Louis 

Tate Interim, Inc., Senatobia, Mississippi -- to become a bank holding company 

through the acquisition of Tate Financial Corporation and the indirect acquisition of 

its subsidiary, Senatobia Bank. 

- Approved, December 16, 2002 

Bank Premises 

Richmond 

The Bank of Marion, Marion, Virginia -- to increase its investment in bank premises. 

- Approved, December 19, 2002 

Banks, State Member 

Boston 

State Street Bank and Trust Company, Boston, Massachusetts -- to increase its 

authority to invest in Edge and Agreement corporation subsidiaries. 

- Withdrawn, December 19, 2002 

(AC) = Addition or Correction Delegated - Page 4 of 9 
H.2 December 15, 2002 to December 21, 2002 

Change In Bank Control 

St. Louis 

Marshfield Investment Company, Springfield, Missouri -- change in bank control. 

- Permitted, December 18, 2002 

Minneapolis 

Turtle Bancshares, Inc., Turtle Lake, Wisconsin -- change in bank control. 

- Permitted, December 18, 2002 

Competitive Factors Reports 

Richmond 

American Bank, Rockville, Maryland -- report on competitive factors of the 

proposed merger with American Interim Bank. 

- Submitted, December 17, 2002 

Boston 

The Boston Bank of Commerce, Boston, Massachusetts -- report on competitive 

factors of the proposed merger with Family Savings Bank, F.S.B., Los Angeles, 

California. 

- Approved, December 19, 2002 

Chicago 

Atlanta 

Atlanta 

Citizens State Bank, Monticello, Iowa -- report on competitive factors of the 

proposed merger with Union Bank & Trust Company, Strawberry Point. 

- Submitted, December 20, 2002 

Cornerstone Community Bank, Saint Petersburg, Florida -- report on competitive 

factors of the proposed acquisition of the Walsingham Road branch of Madison 

Bank, Palm Harbor. 

- Submitted, December 18, 2002 

Dalton Whitfield Bank, Dalton, Georgia -- report on competitive factors of the 

proposed merger with Premier National Bank of Dalton. 

- Submitted, December 16, 2002 

(AC) = Addition or Correction Delegated - Page 5 of 9 
H.2 December 15, 2002 to December 21, 2002 

Competitive Factors Reports 

Richmond 

First-Citizens Bank and Trust Company of South Carolina, Columbia, South 

Carolina -- report on competitive factors of the proposed merger with First Banks, 

Inc., Toccoa, Georgia. 

- Submitted, December 20, 2002 

Atlanta 

Hancock Bank of Louisiana, Baton Rouge, Louisiana -- report on competitive 

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

liabilities of the Kenner and Metairie branches of Dryades Savings Bank, FSB, New 

Orleans. 

- Submitted, December 16, 2002 

New York 

Kearny Financial Corporation, Kearny, New Jersey, and Kearny MHC -- report on 

competitive factors of the proposed acquisition of West Essex Bank, Caldwell. 

- Submitted, December 20, 2002 

Cleveland 

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

proposed merger with Fort Washington Trust Company. 

- Submitted, December 20, 2002 

Cleveland 

KeyBank, N.A., Cleveland, Ohio -- report on competitive factors of the proposed 

merger with Union Bank & Trust, Denver, Colorado. 

- Submitted, December 18, 2002 

Cleveland 

Laurel Savings Bank, Allison Park, Pennsylvania -- report on competitive factors of 

the proposed merger with Stanton Federal Savings Bank, Pittsburgh. 

- Submitted, December 18, 2002 

St. Louis 

The Maries County Bank, Vienna, Missouri -- report on competitive factors of the 

proposed merger with Belle State Bank, Belle. 

- Submitted, December 18, 2002 

(AC) = Addition or Correction Delegated - Page 6 of 9 
H.2 December 15, 2002 to December 21, 2002 

Competitive Factors Reports 

Dallas 

Mauriceville National Bank, Mauriceville, Texas -- report on competitive factors of 

the proposed interim merger with New Mauriceville National Bank. 

- Submitted, December 20, 2002 

Cleveland 

Peoples Community Bank, West Chester, Ohio -- report on competitive factors of 

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

Kenwood Savings Bank, Cincinnati. 

- Submitted, December 20, 2002 

Atlanta 

Piedmont Bank of Georgia, Atlanta, Georgia -- report on competitive factors of the 

proposed merger with Piedmont Interim Corporation. 

- Submitted, December 18, 2002 

Richmond 

Security Savings Bank, SSB, Southport, North Carolina -- report on competitive 

factors of the proposed merger with Liberty Savings and Loan Association, Liberty. 

- Submitted, December 20, 2002 

Secretary 

Tri-County Bank & Trust Co., Cascade, Iowa -- report on competitive factors of the 

proposed merger with First Iowa Bank, Monticello. 

- Submitted, December 16, 2002 

Extensions Of Time 

Director, BS&R 

ABN AMRO Bank, N.V., Amsterdam, The Netherlands, and its parent companies --

extension to December 19, 2003, to divest or conform certain impermissible 

activities. 

- Granted, December 19, 2002 

(AC) = Addition or Correction Delegated - Page 7 of 9 
H.2 December 15, 2002 to December 21, 2002 

Financial Holding Companies 

Chicago 

Backlund Investment Co., Peoria, Illinois -- election to become a financial holding 

company. 

- Effective, December 18, 2002 

Kansas City 

Bern Bancshares, Inc., Bern, Kansas -- election to become a financial holding 

company. 

- Effective, December 18, 2002 

Chicago 

Goodenow Bancorporation, Okoboji, Iowa -- election to become a financial holding 

company. 

- Effective, December 19, 2002 

Secretary 

Mercantile Bankshares Corporation, Baltimore, Maryland -- election to become a 

financial holding company. 

- Effective, December 20, 2002 

Philadelphia 

Patriot Bank Corp., Pottstown, Pennsylvania -- election to become a financial 

holding company. 

- Effective, December 19, 2002 

Kansas City 

Prairie Capital, Inc., Augusta, Kansas -- election to become a financial holding 

company. 

- Effective, December 18, 2002 

Membership 

Kansas City 

Bank of Yutan, Yutan, Nebraska -- to become a member of the Federal Reserve 

System. 

- Approved, December 17, 2002 

(AC) = Addition or Correction Delegated - Page 8 of 9 
H.2 December 15, 2002 to December 21, 2002 

Membership 

Atlanta 

The Citizens Bank of Cochran, Cochran, Georgia -- to become a member of the 

Federal Reserve System. 

- Approved, December 16, 2002 

Dallas 

First State Bank, Keene, Texas -- to become a member of the Federal Reserve 

System. 

- Approved, December 20, 2002 

(AC) = Addition or Correction Delegated - Page 9 of 9 
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, December 21, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

3(a)(3) & 3(a)(5) Chittenden Corporation, Burlington, Vermont - to acquire 100% Newspaper - N/Avail 

of the common stock of Granite State Bankshares, Inc., Keene, Fed Reg - N/Avail 

New Hampshire, and thereby indirectly acquire Granite Bank, 

Keene, New Hampshire 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

Reg K State Street Bank and Trust Company, Boston, Massachusetts -

to increase its investments in its Edge and agreement 

corporations in connection with the acquisition of Deutsche 

Bank AG's global custody business and also to amend its articles 

of association 
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 Examination CRA CRA Exam type 

number Institution/Location date public date 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, December 21, 2002

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Bank of Smithtown, Smithtown, New York, to establish a 

branch office at 6249 Route 25A, Wading River, New York.

Newspaper – 12/24/2002

* 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 Second Quarter of 2002

Institution Location

None
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, December 21, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 Examination CRA CRA Exam type 

number Institution/Location date public date 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, December 21, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

3(a)(3) Applicaiton by First Southern Bancorp, Inc., Stanford, KY to F/R – Not Available 

acquire South Central Bancshares, Inc., Russellville, KY. N/P – Not Available 

*Subject to the provisions of the Community Reinvestment Act. 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 Examination CRA CRA Exam type 

number Institution/Location date public date 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, December 21, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Benchmark Community Bank, Kenbridge, Virginia, to establish Newspaper - 01/03/2003 

a branch at 410 Church Street, Blackstone, Virginia.* 

*Subject to the provisions of the Community Reinvestment Act. 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

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, December 21, 2002

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 13821 N. Cleveland Avenue, Unit 

1, North Fort Myers, Florida.*

Newspaper-12/21/2002

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

located at 2002 Summit Blvd., Atlanta, Georgia, to be known as 

the Dunwoody Private Banking Office.*

Newspaper-12/25/2002

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

located at 2213 Crestmoor Road, Nashville, Tennessee, to be 

known as the Abbott Martin Remote Drive-Thru.*

Newspaper-01/02/2003

18(c) SouthTrust Bank, Birmingham, Alabama, to merge with 

Founders National Bank, Dallas, Texas.*

Newspaper-01/13/2003

*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

CIC FBT Bancorp, Inc., Baton Rouge, Louisiana, prior change in 

control notice by L. Michael Ashbrook and Charles T. Bruce, to 

acquire in the aggregate up to approximately 40 percent of the 

outstanding shares of FBT Bancorp, Inc., Baton Rouge,

Louisiana, and its subsidiary, Fidelity Bank and Trust Company, 

Baton Rouge, Louisiana.

Newspaper-01/06/2003

Fed Reg-01/09/2003

CIC First Dozier Bancshares, Inc., Dozie r, Alabama, after-the-fact 

change in control notice by The W.R. McGhee Trust and Willie 

B. Smith, Jr., as Trustee for said Trust, to retain 15.51 percent of 

the outstanding shares of First Dozier Bancshares, Inc., Dozier, 

Alabama.

Newspaper-N/Avail 

Fed Reg-01/03/2003
Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) IBERIABANK Corporation, New Iberia, Louisiana, to acquire 

40 percent of the outstanding shares of Cadence Holdings, Inc., 

L.L.C., Lafayette, Louisiana, and thereby engage in making, 

acquiring, brokering, or servicing loans or other extensions of 

credit, and engage in financially related services.

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

245333 AmSouth Bank

Post Office Box 11007

Birmingham, Alabama 35288

(205) 326-5120

06/24/2002 12/18/2002 O X
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, December 21, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

CIC Notice by Mark Charles Hewitt, Ventura, Iowa, to increase his 

ownership in Arneson Bancshares, Inc., Clear Lake, Iowa, from 

19.71 percent to 43.21 percent. 

3(a)(1) DB Acquisition Corp., Wausau, Wisconsin, to become a bank 

holding company through the acquisition of 100 percent of the 

voting shares of Dorchester Bancshares, Inc., Dorchester, 

Wisconsin, and thereby indirectly acquire Dorchester State 

Bank, Dorchester, Wisconsin.* 

3(a)(3) FBOP Corporation, Oak Park, Illinois, to acquire an additional 

50 percent for a total ownership of 100 percent of the oustanding 

voting shares of PNB Financial Corp., Chicago, Illinois, and 

thereby indirectly acquire Park National Bank and Trust of 

Chicago, Chicago, Illinois.* 

3(a)(1) FEB Bancshares, Inc., Neshkoro, Wisconsin, to become a bank 

holding company by acquiring 100 percent of Golden Sands 

Bankshares, Inc., Neshkoro, Wisconsin, and thereby indirectly 

acquire Farmers Exchange Bank of Neshkoro, Neshkoro, 

Wisconsin.* 

3(a)(3) First Merchants Corporation, Muncie, Indiana, to acquire 100 

percent of the voting shares of CNBC Bancorp, Columbus, 

Ohio, and thereby indirectly acquire Commerce National Bank, 

Columbus, Ohio.* 

3(a)(1) F T Bancshares, Inc., Aurelia, Iowa, to become a bank holding 

company by acquiring 6,149 shares, or 61.58% of Aurelia F T & 

S Bankshares, Inc., Aurelia, Iowa, and thereby indirectly 

acquiring The First Trust & Savings Bank, Marcus, Iowa.* 

Fed Reg – 12/13/2002 

Newspaper – N/Avail 

Fed Reg – 01/21/2003 

Newspaper – N/Avail 

Fed Reg – 12/23/2002 

Newspaper – 12/20/2002 

Fed Reg – 01/02/2003 

Newspaper – 12/21/2002 

Fed Reg – 12/23/2002 

Newspaper – 12/27/2002 

Fed Reg – 01/02/2003 

Newspaper – 12/21/2002 
Section II – Applications subject to both newspaper and Federal Register notice 

Ending date of 

Type Application comment period 

3(a)(5) MB Financial, Inc., Chicago, Illinois, to acquire 100 percent of 

South Holland Bancorp, Inc., South Holland, Illinois, and 

thereby indirectly acquire South Holland Trust & Savings Bank, 

South Holland, Illinois.* 

CIC Notice by Wayne W. Whalen and Paula Wolff, to retain 

ownership of 17.80 percent of the common stock of 

Unionbancorp, Inc., Ottawa, Illinois, and thereby indirectly 

retain control of Unionbank, Streator, Illinois; 

Unionbank/Central, Princeton, Illinois; Unionbank/West, 

Macomb, Illinois, and Unionbank/Northwest, Hanover, Illinois. 

CIC Notice by Dennis J. McDonnell and Kathleen A. McDonnell, to 

retain ownership of 12.78 percent of the outstanding shares of 

Unionbancorp, Inc., Ottawa, Illinois, and thereby indirectly 

control Unionbank, Streator, Illinois; Unionbank/Central, 

Princeton, Illinois; Unionbank/West, Macomb, Illinois, and 

Unionbank/Northwest, Hanover, Illinois. 

Fed Reg – 01/02/2003 

Newspaper – 12/30/2002 

Fed Reg – 12/26/2002 

Newspaper – 12/09/2002 

Fed Reg – 12/26/2002 

Newspaper – 12/11/2002 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

Membership Oregon Community Bank & Trust (formerly Community 

National Bank), Oregon, Wisconsin, to become a member of the 

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

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

703440 State Bank of Caledonia 08/22/2002 12/17/2002 S X 

627 E. Main Street 

Caledonia, Michigan 49316 

(616) 891-8113 

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, December 21, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

3A3 Lea M. McMullan Trust, Shelbyville, Kentucky, and its 

subsidiary, Citizens Union Bancorp of Shelbyville, Inc., 

Shelbyville, Kentucky, to acquire 100 percent of LaRue 

Bancshares, Inc., Hodgenville, Kentucky, and thereby indirectly 

acquire Peoples State Bank, Hodgenville, Kentucky. (Previously 

submitted during the week ending December 14, 2002)* 

Ending date of 

comment period 

Newspaper – 01/20/2003 

Fed Reg – 01/13/2003 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 Examination CRA CRA Exam type 

number Institution/Location date public date 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, December 21, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

CIC Notice by Todd Haugan, Long Lake, Minnesota; Tom P. Kell, 

Duluth, Minnesota; and Richard Lefcowitz, Minong, Wiscons in, 

to retain control of Superior Financial Holding, Inc., Two 

Harbors, Minnesota, and thereby indirectly retain control of the 

Lake Bank, National Association, Two Harbors, Minnesota. 

CIC Notice by Richard M. Wall, Burnsville, Minnesota; John K. 

Wall, Excelsior, Minnesota; and Elizabeth Wall Lee, Mendota 

Heights, Minnesota, as a group acting in concert, to gain control 

of Highland Bancshares, Inc., Bloomington, Minnesota, and 

thereby indirectly gain control of Highland Bank, St. Michael, 

Minnesota. 

Fed Reg – 11/19/2002 

Newspaper – N/Avail 

Fed Reg – 01/09/2003 

Newspaper – N/Avail 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

Section IV – Applications not subject to Fede ral 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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduledfor Quarter of 

Institution Location 

None 
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, December 21, 2002 

Section I – Applications subject to newspaper notice only 

Type Application 

Ending date of 

comment period 

Branch First Country Bank, Urich, Missouri, to establish 325 Main Newspaper - 12/24/2002 

Street, Urich, Missouri as a branch office and relocate the 

main office to Blue Springs, Missouri. 

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

Type Application 

3(a)(3) First Okmulgee Corporation, Okmulgee, Oklahoma, to acquire 

100 percent of the voting shares of First National of Henryetta, 

Inc., parent of First National Bank of Henryetta, both of 

Henryetta, Oklahoma. 

CIC Alan J. Erickson, North Platte, Nebraska and Ronald J. 

Erickson, Scottsbluff, Nebraska, to acquire control of 

NebraskaLand Financial Services, Inc., York, Nebraska, 

parent of NebraskaLand National Bank, North Platte, 

Nebraska. 

Ending date of 

comment period 

Newspaper - 01/12/2003 

Fed Reg - 11/18/2002 

Newspaper - 01/03/2003 

Fed Reg - N/Available 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

706254 Community State Bank 09/30/2002 12/17/2002 S X 

1409 N.Broadway 

Poteau, Oklahoma 74953-2612 

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, December 21, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period

Branch PNB Financial Bank, Lubbock, TX, to establish a branch office Newspaper – 01/02/2003 

at 2705 Bee Cave Road, Rollingwood, TX 78746* 

* Subject to the provisions of the Community Reinvestment Act 

Section II – Applications subject to both newspaper and Fe deral Register notice 

Ending date of 

Type Application comment period 

3(a)(3) OSB Financial Services, Inc., Orange, TX, and OSB Delaware Fed Reg – 01/10/2003 

Financial Services, Inc., Dover, DE, to acquire 100 percent of Newspaper – 01/03/2003 

Mauriceville National Bank, Mauriceville, TX* (previously 

reported the week ending December 7, 2002) 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 Examination CRA CRA Exam type 

number Institution/Location date public date 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, December 21, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None