Federal Reserve Release

H.2

Actions of the Board, Its Staff,

and the Federal Reserve Banks; 

Applications and Reports Received

No. 49 

Week Ending December 8, 2007

Board of Governors of the Federal Reserve System, Washington, DC 20551
Testimony And Statements

Loan Modifications and Foreclosure Prevention -- statement by Governor Kroszner 

on problems in the subprime mortgage market and possible legislative responses 

before the House Committee on Financial Services.

- Published, December 6, 2007

Bank Holding Companies

Fortis S.A./N.V., Brussels, Belgium -- to provide energy management services to 

owners of power generation facilities under energy management agreements as an 

activity that is complementary to a financial activity.

- Approved, December 3, 2007

Currency

Federal Reserve Notes -- new currency budget for 2008.

- Approved, December 4, 2007

Forms

Forms -- final Board review to implement a new voluntary Survey of Information 

Sharing Practices with Affiliates (FR 3214e).

- Approved, December 3, 2007

Reserve Bank Operations

Federal Reserve Bank Budgets -- operating and capital budgets for the Reserve 

Banks, Federal Reserve Information Technology, and the Office of Employee 

Benefits for 2008.

- Approved, December 6, 2007

H.2 Board Actions December 2, 2007 to December 8, 2007

(A/C) = Addition or Correction Board - Page 1 of 1
H.2 Actions under delegated authority

BS&R

C&CA

FOMC

Banking Supervision and Regulation

Consumer and Comminity Affairs

Federal Open Market Committee

RBOPS Reserve Bank Operational and Payment System

IF International Finance

OSDM Office of Staff Director for Management

December 2, 2007 to December 8, 2007

Bank Branches, Domestic

Alliance Bank Corporation, Fairfax, Virginia -- to establish a branch at 7023 Little 

River Turnpike, Annandale.

Richmond

- Approved, December 5, 2007

Bank Independent, Sheffield, Alabama -- to establish a branch at the intersection of 

Highway 72 and Nance Road, Huntsville.

Atlanta

- Approved, December 6, 2007

The Bank of Fayette County, Moscow, Tennessee -- to establish a branch at the 

intersection of Highway 64 and Chickasaw Ridge Drive, Oakland.

St. Louis

- Approved, December 5, 2007

Cecil Bank, Elkton, Maryland -- to establish a branch at 4434 Telegraph Road.

Richmond

- Approved, December 5, 2007

M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin -- to establish a branch at 501 

East Kennedy Boulevard, Tampa, Florida.

Secretary

- Approved, December 6, 2007

(A/C) = Addition or Correction Delegated - 1 of 6
Bank Branches, Domestic

Old Southern Bank, Orlando, Florida -- to establish a branch at 1815 West State 

Road 434, Longwood.

Atlanta

- Approved, December 4, 2007

SunTrust Bank, Atlanta, Georgia -- to establish a branch at 10331 Southwest Village 

Center Drive, Port St. Lucie, Florida.

Secretary

- Approved, December 5, 2007

Bank Holding Companies

1st United Bancorp, Boca Raton, Florida -- to acquire Equitable Financial Group, 

Inc., Fort Lauderdale, and for 1st United Bank, Boca Raton, to merge with Equitable 

Bank, Fort Lauderdale, and thereby establish branches.

Secretary

- Approved, December 7, 2007

Caldwell Holding Company, Columbia, Louisiana -- to acquire Citizens Progressive 

Bank.

Dallas

- Approved, December 6, 2007

Capitol Bancorp Ltd., Lansing, Michigan -- to acquire shares of Adams Dairy Bank 

(in organization), Blue Springs, Missouri, and thereby operate a savings association.

Chicago

- Approved, December 3, 2007

H.2 Actions under delegated authority December 2, 2007 to December 8, 2007

(A/C) = Addition or Correction Delegated - 2 of 6
Bank Holding Companies

First Alliance Bancshares, Inc., Cordova, Tennessee -- to become a bank holding 

company and to acquire First Alliance Bank.

St. Louis

- Approved, December 7, 2007

First National Bancshares, Inc., Spartanburg, South Carolina -- to acquire Carolina 

National Corporation, Columbia, and thereby acquire Carolina National Bank and 

Trust Company.

Richmond

- Approved, December 3, 2007

Goppert Financial Corp., Overland Park, Kansas -- to acquire Kanbanc, Inc., 

Overland Park, and its subsidiaries, Citizens State Bank of Pomona, Pomona; 

Farmers National Bank of Kansas, Walnut; and Citizens Bank of Norborne, 

Norborne, Missouri; and to acquire The Lathrop Bank, Lathrop, Missouri; and The 

Pleasant Hill Bank, Pleasant Hill, Missouri.

Kansas City

- Approved, December 7, 2007

M&F Bancorp, Inc., Durham, North Carolina -- waiver of application to acquire 

Mutual Community Savings Bank, Inc., SSB in connection with the merger of 

Mutual Community Savings Bank, Inc., SSB and Mechanics & Farmers Bank.

Richmond

- Granted, December 7, 2007

Midwest Bancorporation, Inc. and Affiliates ESOP Trust, Poplar Bluff, Missouri -- to 

acquire additional shares of Midwest Bancorporation, Inc. and thereby acquire First 

Midwest Bank of Dexter, Dexter, and First Midwest Bank of the Ozarks, Piedmont.

St. Louis

- Approved, December 3, 2007

H.2 Actions under delegated authority December 2, 2007 to December 8, 2007

(A/C) = Addition or Correction Delegated - 3 of 6
Bank Holding Companies

Mills Financial Services Inc., Brainerd, Minnesota -- to become a bank holding 

company and to acquire First Security Bank - Sanborn, Sanborn.

Minneapolis

- Returned, December 6, 2007

Old Second Bancorp, Inc. Aurora, Illinois -- waiver of application to acquire 

HeritageBanc, Inc., Frankfort, in connection with the merger of their subsidiaries, 

Heritage Bank, Frankfort, and Old Second National Bank, Aurora.

Chicago

- Granted, December 6, 2007

Select Bancorp, Inc., Greenville, North Carolina -- to become a bank holding 

company and to acquire Select Bank & Trust Company.

Richmond

- Returned, December 6, 2007

Sterling Financial Corporation, Spokane, Washington -- to merge with North Valley 

Bancorp, Redding, California, and thereby acquire North Valley Bank.

San Francisco

- Withdrawn, December 6, 2007

Change In Bank Control

Midwest Bancorporation, Inc., Poplar Bluff, Missouri -- change in bank control.

St. Louis

- Permitted, December 3, 2007

H.2 Actions under delegated authority December 2, 2007 to December 8, 2007

(A/C) = Addition or Correction Delegated - 4 of 6
Extensions Of Time

First Florida Bank, Naples, Florida -- extension to January 6, 2008, to establish a 

branch at 16451 Health Park Commons Drive, Fort Myers.

Atlanta

- Granted, December 6, 2007

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

extension to March 13, 2008, to increase its ownership of Prairieland Bancorp, Inc. 

and thereby increase its ownership of Farmers and Merchants State Bank.

Chicago

- Granted, December 5, 2007

Financial Holding Companies 

CNB Financial Corporation, Inc., Taylor, Texas, and CNB Financial Corporation of 

Delaware, Inc., Dover, Delaware -- election to become financial holding companies.

Dallas

- Effective, December 5, 2007

Crete Bancorporation, Inc., Crete, Illinois -- election to become a financial holding 

company.

Chicago

- Effective, December 6, 2007

ISB Financial Corp., Iowa City, Iowa -- election to become a financial holding 

company.

Chicago

- Effective, December 4, 2007

H.2 Actions under delegated authority December 2, 2007 to December 8, 2007

(A/C) = Addition or Correction Delegated - 5 of 6
International Operations

ShoreBank Corporation, Chicago, Illinois -- waiver of remainder of notification 

period for its subsidiaries, ShoreBank International Ltd., Chicago, and ShoreCap 

International Ltd., Cayman Islands, to invest in Belarusian Bank for Small Business, 

Minsk, Belarus.

Director, BS&R

- Granted, December 7, 2007

H.2 Actions under delegated authority December 2, 2007 to December 8, 2007

(A/C) = Addition or Correction Delegated - 6 of 6
District: 1

Federal Reserve Bank of Boston

Filings received during the week ending December 8, 2007

Filer Filing Type Filing Proposal End of Comment Period

NONE

* 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 December 8, 2007

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

FBSEA Not available

Not applicable

Banco Espirito Santo de Investimento, S.A., 

Lisbon, Portugal, to establish a branch in New 

York, New York, pursuant to Section 7(d) of the 

International Banking Act.

BANCO ESPIRITO SANTO DE 

INVESTIMENTO, S.A.

Newspaper:

Federal Register:

* 4c8 12/14/2007

12/20/2007

Investors Bancorp, MHC and Investors 

Bancorp, Inc., both of Short Hills, New Jersey to 

acquire Summit Federal Bankshares, MHC, and 

its wholly-owned subsidiary, Summit Federal 

Bankshares, Inc., and its indirect wholly-owned 

subsidiary, Summit Federal Savings Bank, all of 

Summit, New Jersey.

INVESTORS BANCORP, MHC

Newspaper:

Federal Register:

* 3A3 Not available

* 3A1 01/03/2008

Toronto-Dominion Bank, Toronto, Canada, and 

its subsidiaries TD US P&C Holdings ULC, 

Calgary, Canada, Cardinal Top Co. and Cardinal 

Intermediate Co., both of New York, New York, 

to acquire 100% of the voting shares of 

Commerce Bancorp, Inc. ("Commerce 

Bancorp"), Cherry Hill, New Jersey, and 

indirectly acquire control of Commerce Bank, 

NA, Philadelphia, Pennsylvania and Commerce 

Bank/North, Ramsey, New Jersey, and to 

acquire Commerce Bancorp's 14.82% interest in 

Pennsylvania Commerce Bancorp, Inc., which 

controls Commerce Bank/Harrisburg, N.A., both 

of Harrisburg, Pennsylvania, pursuant to 

Sections 3(a)(3) and 3(a)(1) of the Bank Holding 

Company Act of 1956, as amended (the 

"BHCA").

TORONTO-DOMINION BANK, 

THE

* 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 December 8, 2007

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

Member Not applicable

Not applicable

Monument Bank, Doylestown, PA, to become a 

member of the Federal Reserve System.

MONUMENT BANK

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

Federal Reserve Bank of Philadelphia

Availability of CRA Public Evaluations 

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

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

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

periodically. That record is taken into account in considering an institution's application for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

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 December 8, 2007

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A5 Not available

01/04/2008

Milton Bancorp, Inc., Wellston, Ohio, to acquire 

100 percent of Community First Financial 

Bancorp, Inc., New Holland, Ohio, and thereby 

acquire The First National Bank of New Holland, 

New Holland, Ohio

MILTON BANCORP, INC.

Newspaper:

Federal Register:

* Branch Not available

Not applicable

The North Side Bank and Trust Company, 

Cincinnati, OH to establish a branch at West 

Road and Harrison Avenue, Harrison, OH.

NORTH SIDE BANK AND TRUST 

COMPANY, THE

* 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 December 8, 2007

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

RBC Centura Bank, Raliegh, North Carolina, 12/17/2007

proposes to establish a branch at 5208 Sunset 

Lake Road, Holly Springs, North Carolina.

RBC CENTURA BANK

Newspaper:

Federal Register:

* 3A3 Not available

12/28/2007

RBC Centura Banks, Inc., Raleigh, North 

Carolina, and its parent companies, Royal Bank 

of Canada, Montreal, Canada; Royal Bank 

Holding Inc., Toronto, Canada; RBC Holding 

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

Holdco Corporation, New York, New York; 

Prism Financial Corporation, Wilmington, 

Delaware, to acquire 100% of the voting shares 

of Alabama National BanCorporation, 

Birmingham, Alabama, and thereby indirectly 

acquire Alabama Exchange Bank, Tuskegee, 

Alabama; Community Bank of Naples, National 

Association, Naples, Florida; Cypress Conquina 

Bank, Ormond Beach, Florida; First American 

Bank, Birmingham, Alabama; First Gulf Bank, 

National Association, Pensacola, Florida; 

Florida Choice Bank, Mount Dora, Florida; 

Georgia State Bank, Mableton, Georgia; Indian 

River National Bank, Vero Beach, Florida; 

Millennium Bank, Gainsville, Florida; and The 

Peachtree Bank, Duluth, 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 December 8, 2007

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

FBSEA Not available

Not applicable

Caixa de Aforros de Vigo, Ourense e 

Pontevedra, Vigo, Spain, to establish 

international bank branches in New York, New 

York, Chicago, Illinois, Los Angeles, California, 

and Houston, Texas.

CAIXA DE AFORROS DE VIGO, 

OURENSE E PONTEVEDRA

Newspaper:

Federal Register:

* 3A3

Not available

Floridian Financial Group, Inc., Daytona Beach, 01/07/2008

Florida, to acquire 100 percent of the common 

stock of Orange Bank of Florida, Orlando, 

Florida.

FLORIDIAN FINANCIAL GROUP, 

INC.

Newspaper:

Federal Register:

* 3A1 12/26/2007

01/03/2008

SEB Bancorp, Inc., to become a bank holding 

company by acquiring 100 percent of the 

outstanding shares of Security Exchange Bank, 

both of Marietta, Georgia.

SEB BANCORP, INC.

Newspaper:

Federal Register:

* 3A3 Not available

01/04/2008

Summerville/Trion Bancshares, Inc., 

Summerville, Georgia, to acquire 100 percent of 

the outstanding shares of Dunnellon State 

Bank, Dunnellon, Florida.

SUMMERVILLE/TRION 

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 December 8, 2007

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

1st Source Bank, South Bend, Indiana, to merge 

with First National Bank of Valparaiso, 

Valparaiso, Indiana, and thereby to establish 17 

branches.

1ST SOURCE BANK

Newspaper:

Federal Register:

* 3A1

Not available

Black River BancVenture, Inc., Memphis, 12/20/2007

Tennessee, to become a bank holding company 

by acquiring 42 percent of the voting shares of 

Michigan Community Bancorp, Ltd., Sterling 

Heights, Michigan, and thereby indirectly 

acquire Lakeside Community Bank, Sterling 

Heights, Michigan.

BLACK RIVER BANCVENTURE, 

INC.

Newspaper:

Federal Register:

* 3A1

Not available

Black River BancVenture, Inc., Memphis, 12/19/2007

Tennessee, to become a bank holding company 

by acquiring 49.9 percent of the voting shares 

of Community Shores Bank Corp., Muskegon, 

Michigan, and thereby indirectly acquire 

Community Shores Bank, Muskegon, Michigan.

BLACK RIVER BANCVENTURE, 

INC.

Newspaper:

Federal Register:

* 3A1

Not available

Black River BancVenture, Inc., Memphis, 12/26/2007

Tennessee, to become a bank holding company 

by acquiring 49.9 percent of the voting shares 

of Allegiance Bank of North America, Inc., Bala 

Cynwyd, Pennsylvania.

BLACK RIVER BANCVENTURE, 

INC.

Newspaper:

Federal Register:

* 3A3 Not available

Not available

Black River BancVenture, Inc., Memphis, 

Tennessee, to acquire 15 percent of the voting 

shares of Community Shores Bank Corp., 

Muskegon, Michigan, and thereby indirectly 

acquire Community Shores Bank, Muskegon, 

Michigan.

BLACK RIVER BANCVENTURE, 

INC.

Newspaper:

Federal Register:

* 3A3

Not available

Black River BancVenture, Inc., Memphis, 12/26/2007

Tennessee, to acquire 15 percent of the voting 

shares of Allegiance Bank, Bala Cynwood, 

Pennsylvania.

BLACK RIVER BANCVENTURE, 

INC.

Newspaper:

Federal Register:

* 3A3 Not available

Not available

Black River BancVenture, Inc., Memphis, 

Tennessee, to acquire 15 percent of the voting 

shares of Bay Commercial Bank, Walnut Creek, 

California.

BLACK RIVER BANCVENTURE, 

INC.

Newspaper:

Federal Register:

* 4c8 Not available

Not available

Black River BancVenture, Inc., Memphis, 

Tennessee, to acquire 6 percent of the voting 

shares of SFB Bancorp, Inc., Elizabethton, 

Tennessee, and thereby indirectly acquire 

Security Federal Bank, Elizabethton, Tennessee, 

and thereby operate a savings association.

BLACK RIVER BANCVENTURE, 

INC.

Newspaper:

Federal Register:

* 4c8 Not available

Not available

Black River BancVenture, Inc., Memphis, 

Tennessee, to acquire 6 percent of the voting 

shares of Quaint Oak Bancorp, Southampton, 

Pennsylvania, and thereby indirectly acquire 

Quaint Oak Savings Bank, Southampton, 

Pennsylvania, and thereby operate a savings 

association.

BLACK RIVER BANCVENTURE, 

INC.

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

Federal Reserve Bank of Chicago

Filings received during the week ending December 8, 2007

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

M&I Marshall & Ilsley Bank, Milwaukee, 

Wisconsin, to merge with First Indiana Bank, 

National Association, Indianapolis, Indiana, and 

thereby to establish 32 branches.

M&I MARSHALL & ILSLEY 

BANK

* 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 December 8, 2007

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Arvest Bank, Fayetteville, Arkansas, to 12/20/2007

establish a branch facility to be located at 13800 

Cantrell Road, Little Rock, Arkansas.

ARVEST BANK

Newspaper:

Federal Register:

* Branch

Not applicable

Arvest Bank, Fayetteville, Arkansas, to 12/20/2007

establish a branch facility to be located at Kelly 

Highway and Interstate 540 inside the Wal-Mart 

Supercenter, Fort Smith, Arkansas.

ARVEST BANK

Newspaper:

Federal Register:

* Branch

Not applicable

First Bank, St. Louis, Missouri, to establish a 12/18/2007

branch facility to be located at 3020 State Route 

59, Naperville, Illinois.

FIRST BANK

* 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 December 8, 2007

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

12/28/2007

Highland Bancshares, Saint Michael, 

Minnesota, to acquire 100 percent of Ridgedale 

State Bank, Minnetonka, Minnesota.

HIGHLAND BANCSHARES, INC.

Newspaper:

Federal Register:

Member Not applicable

Not applicable

Security National Bank, Durand, Wisconsin, to 

be known as Security Financial Bank, Durand, 

Wisconsin, proposes to become a member of 

the Federal Reserve System.

SECURITY NATIONAL BANK

* 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 December 8, 2007

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

1st Financial Bank, Overland Park, Kansas, to 12/27/2007

establish a branch at 650 E. 5th Street, Kansas 

City, Missouri.

1ST FINANCIAL BANK

Newspaper:

Federal Register:

* 3A1 01/03/2008

01/04/2008

AMG National Corp., Englewood, Colorado, to 

become a bank holding company through the 

retention of 100 percent of the voting shares of 

AMG National Trust Bank, Englewood, 

Colorado, upon its conversion from a trust 

company to a commercial bank.

AMG NATIONAL CORP.

Newspaper:

Federal Register:

* Branch

Not applicable

Bank 7, Medford, Oklahoma, to establish a 12/20/2007

branch at 120 N. First Street, Medford, 

Oklahoma.

BANK 7

Newspaper:

Federal Register:

* 3A5 Not available

01/03/2008

First Central Nebraska Company, Broken Bow, 

Nebraska, to merge with WoodRiver Banco, 

Incorporated, Oconto, Nebraska, and thereby 

indirectly acquire The Farmers Bank, Oconto, 

Nebraska.

FIRST CENTRAL NEBRASKA 

CO.

Newspaper:

Federal Register:

CIC Not available

12/14/2007

Notice by Jose L. Evans and Denise K. Evans, 

both of Kansas City, Missouri, (acting jointly) 

and David L. Johnson and Sandra L. Castetter, 

both of Kansas City, Missouri, (acting jointly), 

and together acting in concert, to acquire 

control of First Missouri Bancshares, Inc., 

parent of First Missouri National Bank, both in 

Brookfield, Missouri, through the acquisition of 

voting shares.

FIRST MISSOURI BANCSHARES, 

INC.

Newspaper:

Federal Register:

* 3A1 12/30/2007

12/31/2007

Heartland Bancshares, Inc., Clinton, Missouri, 

to become a bank holding company through the 

acquisition of 100 percent of the voting shares 

of Marshall Community Bancshares, Inc., parent 

of Community Bank of Marshall, both in 

Marshall, Missouri.

HEARTLAND BANCSHARES, 

INC.

Newspaper:

Federal Register:

CIC 12/19/2007

12/14/2007

Notice by Max T. Wake, Lincoln, Nebraska and 

Elizabeth B. Wake, San Francisco, California, to 

acquire control of Jones National Corporation, 

parent of The Jones National Bank & Trust 

Company of Seward, both in Seward, Nebraska, 

through the acquisition of voting shares.

JONES NATIONAL 

CORPORATION

Newspaper:

Federal Register:

CIC Not available

Not available

Notification by Theodore Thieman, Petersburg, 

Nebraska, to retain control of Rae Valley 

Financials, Inc., Petersburg, Nebraska, parent of 

Petersburg State Bank, Petersburg, Nebraska.

RAE VALLEY FINANCIALS, 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 December 8, 2007

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

Not available

First National Bank Group, Inc., Edinburg, 

Texas, to acquire 9.90 percent of Southside 

Bancshares, Inc., Tyler, Texas, and indirectly 

acquire Southside Delaware Financial 

Corporation, Dover, Delaware, and Southside 

Bank, Tyler, Texas.

FIRST NATIONAL BANK 

GROUP, INC.

Newspaper:

Federal Register:

* Branch

Not applicable

LegacyTexas Bank, Plano, Texas, to establish a 12/13/2007

branch to be located at 100 Throckmorton, Fort 

Worth, Texas 76102.

LEGACYTEXAS BANK

Newspaper:

Federal Register:

* Branch

Not applicable

Southwest Bank, Fort Worth, Texas, to 12/18/2007

establish a branch to be located at 306 West 7th 

Street, Suite 504, Fort Worth, Texas 76109.

SOUTHWEST 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 December 8, 2007

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Oak Valley Community Bank, Oakdale, 12/13/2007

California, to establish a branch office at 2935 

March Lane, Stockton, California.

OAK VALLEY COMMUNITY 

BANK

Newspaper:

Federal Register:

* 3A1 Not available

12/20/2007

State Bancorp Northwest to become a bank 

holding company by acquiring 100 percent of 

State Bank Northwest, both of Spokane Valley, 

Washington.

STATE BANCORP NORTHWEST

Newspaper:

Federal Register:

4c8 Not applicable

Not available

Wells Fargo & Company, through a new 

subsidiary of WFC Holdings Corporation, both 

of San Francisco, California, request for 

approval to purchase and sell electricity in the 

spot market and take and make delivery of 

electricity to settle commodity derivatives.

WELLS FARGO & COMPANY

* 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