Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 33 

Week Ending August 18, 2001 

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions August 12, 2001 to August 18, 2001 

Bank Holding Companies 

Canadian Imperial Bank of Commerce, Toronto, Canada; CIBC World Markets, 

Inc.; CIBC Delaware Holdings, New York, New York; and Amicus Holdings, Falls 

Church, Virginia -- to acquire shares of Juniper Financial Corp., Wilmington, 

Delaware. 

- Approved, August 17, 2001 

Citigroup Inc., New York, New York -- commenters' requests for reconsideration of 

the Board's approval of the application to acquire Grupo Financiero Banamex 

Accival, S.A. de C.V., Mexico City, Mexico, and Banco Nacional de Mexico, S.A., 

and thereby acquire California Commerce Bank, Los Angeles, California. 

- Denied, August 16, 2001 

First Union Corporation, Charlotte, North Carolina -- to merge with Wachovia 

Corporation, Winston-Salem. 

- Approved, August 13, 2001 

Board Operations 

Budget Objective -- for 2002 and 2003. 

- Approved, August 13, 2001 

Building Acquisition -- to purchase the building at 1709 New York Avenue, N.W., 

Washington, D.C., where the Board currently leases space. 

- Approved, July 12, 2001 (AC) 

Forms 

Consolidated Bank Holding Company Report of Equity Investments in Nonfinancial 

Companies (FR Y-12) -- implementation of a new information collection report. 

- Approved, August 16, 2001 

Reserve Bank Services 

Collection of Foreign Checks -- policy revision to allow one three-year extension of 

a contract with a correspondent financial institution for collection of foreign items (Sletter 2603, rescinding S-letter 2576). 

- Approved, August 13, 2001 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority August 12, 2001 to August 18, 2001 

BS&R Banking Supervision and Regulation RBOPS Reserve Bank Operations and Payment 

IF International Fiance 

OSDM Office of Staff Director for Management 

C&CA Consumer and Community Affairs 

FOMC Federal Open Market Committee 

Bank Branches, Domestic 

Kansas City 

1st Financial Bank, Overland Park, Kansas -- to establish a branch at 9892 Rosemont 

Avenue, Lone Tree, Colorado. 

- Approved, August 15, 2001 

Cleveland 

Fifth Third Bank, Cincinnati, Ohio -- to establish a branch at 401 Tenth Street, 

Huntington, West Virginia. 

- Approved, August 16, 2001 

Richmond 

First Virginia Bank-Hampton Roads, Norfolk, Virginia -- to establish a branch at 955 

Harpersville Road, Newport News. 

- Approved, August 15, 2001 

New York 

Atlanta 

Atlanta 

HSBC Bank USA, Buffalo, New York -- to establish a mini-branch in the Jefferson 

Ferry Active Retirement Center, One Jefferson Ferry Drive, South Setauket. 

- Approved, August 17, 2001 

Regions Bank, Birmingham, Alabama -- to establish a branch at 1100 Ridgeway 

Loop, Memphis, Tennessee. 

- Approved, August 16, 2001 

SouthTrust Bank, Birmingham, Alabama -- to establish a branch at 2625 Weston 

Road, Weston, Florida. 

- Approved, August 17, 2001 

(AC) = Addition or Correction Delegated - Page 1 of 8 
H.2 Actions under delegated authority August 12, 2001 to August 18, 2001 

Bank Holding Companies

St. Louis 

Allegiant Bancorp, Inc., St. Louis, Missouri -- to merge with Southside Bancshares 

Corp. and thereby acquire South Side National Bank in St. Louis; Bank of Ste. 

Genevieve, Sainte Genevieve; Bank of St. Charles County, St. Charles; and State 

Bank of Jefferson County, DeSoto. 

- Approved, August 15, 2001 

Chicago 

American Community Financial, Inc., Woodstock, Illinois -- to become a bank 

holding company through the acquisition of American Community Bank & Trust. 

- Approved, August 17, 2001 

Director, BS&R 

Barclays PLC, London, England, and Barclays Bank PLC -- modification of certain 

commitments. 

- Approved, August 14, 2001 

Minneapolis 

Citizens Bank Holding Company, Finley, North Dakota -- to merge with First Sharon 

Holding Company, Inc., Aneta. 

- Returned, August 16, 2001 

San Francisco 

Columbia Trust Bancorp, Pasco, Washington -- to become a bank holding company 

with respect to Columbia Trust Bank. 

- Approved, August 14, 2001 

Kansas City 

Cornerstone Bancshares, Inc., Overland Park, Kansas -- to become a bank holding 

company through the acquisition of Cornerstone Bank, and for the bank to become a 

member of the Federal Reserve System. 

- Approved, August 16, 2001 

St. Louis 

First Banks, Inc., St. Louis, Missouri, and First Banks America, Inc. -- to acquire 

Charter Pacific Bank, Agoura Hills, California. 

- Approved, August 16, 2001 

(AC) = Addition or Correction Delegated - Page 2 of 8 
H.2 Actions under delegated authority August 12, 2001 to August 18, 2001 

Bank Holding Companies

Chicago 

Jones Bancorp, Inc., Marcellus, Michigan -- to retain its interest in G.W. Jones 

Mortgage Company, St. Joseph, and thereby engage in extending credit and servicing 

loans. 

- Approved, August 15, 2001 

Kansas City 

Landmark Bancshares, Inc., Manhattan, Kansas -- to become a bank holding 

company through the acquisition of MNB Bancshares, Inc. and Security National 

Bank, and to acquire Landmark Bancshares, Inc., Dodge City, and Landmark Federal 

Savings Bank. 

- Approved, August 14, 2001 

Chicago 

MB-MidCity, Inc., Chicago, Illinois -- to become a bank holding company through 

the acquisition of MB Financial, Inc. and its subsidiaries, Manufacturers National 

Corporation and Manufacturers Bank; and MidCity Financial Corporation and its 

subsidiaries, First National Bank of Elmhurst, Elmhurst; The Mid-City National Bank 

of Chicago, Chicago; First National Bank of Morton Grove, Morton Grove; Union 

Bank and Trust Company, Oklahoma City, Oklahoma; and Abrams Centre 

Bancshares, Inc., Dallas, Texas and Abrams Centre National Bank; and for prior 

approval to acquire shares of Summit MFR Leasing LLC, Cincinnati, Ohio, and 

Sentry Lease Equity Pool 2000-1, LLC, Salt Lake City, Utah, and thereby engage in 

leasing personal or real property. 

- Approved, August 16, 2001 

Atlanta 

Medley Group, Inc., Dothan, Alabama -- to become a bank holding company 

through the acquisition of Bonifay Holding Company, Inc., Bonifay, Florida. 

- Withdrawn, August 13, 2001 

Kansas City 

Millennium Bancorp, Inc., Edwards, Colorado -- to become a bank holding company 

through the acquisition of Millennium Bank. 

- Approved, August 15, 2001 

(AC) = Addition or Correction Delegated - Page 3 of 8 
H.2 Actions under delegated authority August 12, 2001 to August 18, 2001 

Bank Holding Companies

Atlanta 

NBOG Bancorporation, Inc., Gainesville, Georgia -- to become a bank holding 

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

- Approved, August 14, 2001 

Chicago 

RNB Corp., Brazil, Indiana -- to purchase shares of Independent Bankers Life 

Reinsurance Company of Indiana, Ltd., Turks and Caicos, Bahamas, and thereby 

engage in reinsuring credit life, accident, and health insurance. 

- Approved, August 13, 2001 

Kansas City 

SSB Holdings, Inc., Wellington, Kansas -- to become a bank holding company 

through the acquisition of Security State Bank. 

- Approved, August 15, 2001 

Atlanta 

Sweetwater Financial Group, Inc., Powder Springs, Georgia -- to become a bank 

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

- Approved, August 13, 2001 

Kansas City 

Team Financial Acquisition Subsidiary II, Paola, Kansas -- waiver of filing 

requirements in connection with the application of Team Financial Acquisition 

Subsidiary, Inc., Team Financial, Inc., and Team Financial ESOP to acquire Post 

Bancorp, Inc., Colorado Springs, Colorado, and Colorado Springs National Bank. 

- Granted, August 17, 2001 

Bank Mergers

Kansas City 

1st Financial Bank, Overland Park, Kansas -- to merge with The Rio Grande County 

Bank, Del Norte, Colorado. 

- Approved, August 15, 2001 

Richmond 

First Virginia Bank, Falls Church, Virginia -- to merge with State Bank, Remington. 

- Approved, August 17, 2001 

(AC) = Addition or Correction Delegated - Page 4 of 8 
H.2 Actions under delegated authority August 12, 2001 to August 18, 2001 

Banks, Nonmember, And Miscellaneous Institutions

Dallas 

Ag Credit of Texas PCA, Stamford, Texas -- deregistration under Regulation U. 

- Approved, August 16, 2001 

Dallas 

El Campo PCA, El Campo, Texas -- deregistration under Regulation U. 

- Approved, August 16, 2001 

Dallas 

Wichita Falls PCA, Wichita Falls, Texas -- deregistration under Regulation U. 

- Approved, August 16, 2001 

Change In Bank Control

Atlanta 

Bonifay Holding Company, Inc., Bonifay, Florida, and The Bank of Bonifay --

change in bank control. 

- Withdrawn, August 13, 2001 

Dallas 

International Bancshares Corporation, Laredo, Texas -- change in bank control. 

- Permitted, August 16, 2001 

Competitive Factors Reports

San Francisco 

Chase Manhattan Bank and Trust Company, N.A., Los Angeles, California -- report 

on competitive factors of the proposed merger with Chase Manhattan Trust 

Company, N.A., Pittsburgh, Pennsylvania; Chase Manhattan Private Bank, N.A., 

Tampa, Florida; and J.P. Morgan FSB, Palm Beach, with the resulting institution 

doing business as J.P. Morgan Trust Company, N.A., Los Angeles. 

- Submitted, August 9, 2001 (AC) 

Dallas 

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

merger with New Dallas National Bank. 

- Submitted, August 14, 2001 

(AC) = Addition or Correction Delegated - Page 5 of 8 
H.2 Actions under delegated authority August 12, 2001 to August 18, 2001 

Competitive Factors Reports

Philadelphia 

First Federal Bank, Hazleton, Pennsylvania -- report on competitive factors of the 

proposed acquisition of three branches of Schuylkill Savings and Loan Association, 

Schuylkill Haven. 

- Submitted, August 15, 2001 

Minneapolis 

First Federal, FSB, Hutchinson, Minnesota -- report on competitive factors of the 

proposed purchase of assets and assumption of liabilities of the St. Cloud branch of 

ING Bank, FSB, Wilmington, Delaware. 

- Submitted, August 13, 2001 

St. Louis 

First National Bank in Pinckneyville, Pinckneyville, Illinois -- report on competitive 

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

Steeleville branch of Union Planters Bank, N.A., Memphis, Tennessee. 

- Submitted, August 16, 2001 

Dallas 

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

proposed acquisition of the Decatur branch of Jefferson Heritage Bank, Denton. 

- Submitted, August 17, 2001 

San Francisco 

Heritage Oaks Bank, Paso Robles, California -- report on competitive factors of the 

proposed purchase of assets and assumption of liabilities of the Arroyo Grande, 

Morro Bay, San Luis Obispo, and Paso Robles branches of Westamerica Bank, 

Fairfield. 

- Submitted, August 15, 2001 

Chicago 

The Mid-City National Bank of Chicago, Chicago, Illinois -- report on competitive 

factors of the proposed merger with Manufacturers Bank; First National Bank of 

Morton Grove, Morton Grove; and First National Bank of Elmhurst, Elmhurst. 

- Submitted, August 17, 2001 

(AC) = Addition or Correction Delegated - Page 6 of 8 
H.2 Actions under delegated authority August 12, 2001 to August 18, 2001 

Competitive Factors Reports

San Francisco 

Neuberger Berman Trust Company, New York, New York -- report on competitive 

factors of the proposed merger with Neuberger Berman National Trust Company, 

Seattle, Washington. 

- Submitted, August 17, 2001 

San Francisco 

Silverdale State Bank, Silverdale, Washington -- report on competitive factors of the 

proposed merger with American Marine Bank, Bainbridge Island. 

- Submitted, August 15, 2001 

San Francisco 

South Bay Bank, N.A., Torrance, California -- report on competitive factors of the 

proposed consolidation with Mercantile Interim Bank, I, N.A., Los Angeles. 

- Submitted, August 15, 2001 

New York 

Valley National Bank, Passaic, New Jersey -- report on competitive factors of the 

proposed merger with VNB Del, Inc., Wayne. 

- Submitted, August 16, 2001 

Extensions Of Time

Richmond 

Southern Community Financial Corporation, Winston-Salem, North Carolina --

extension to November 26, 2001, to become a bank holding company through the 

acquisition of Southern Community Bank and Trust. 

- Granted, August 17, 2001 

International Operations

Director, BS&R 

PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania -- waiver of remainder 

of notification period for BlackRock Overseas Investment Corporation, New York, 

New York, to make certain investments. 

- Granted, August 16, 2001 

(AC) = Addition or Correction Delegated - Page 7 of 8 
H.2 Actions under delegated authority August 12, 2001 to August 18, 2001 

Membership

San Francisco 

North Valley Bank, Redding, California -- membership in the Federal Reserve 

System. 

- Approved, August 17, 2001 

Atlanta 

The Park Avenue Bank, Valdosta, Georgia -- membership in the Federal Reserve 

System. 

- Approved, August 14, 2001 

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

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, August 18, 2001 

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 

Change in Bank 

Control 

Central Co-operative Bank Employee Stock Ownership Plan 

Trust - notice to purchase greater than 10% of Central Bancorp, 

Inc., Somerville, Massachusetts 

Newspaper - 09/06/2001 

Fed Reg - 09/05/2001 

3(a)(3) Boston Private Financial Holdings, Inc., Boston, Massachusetts -

application to acquire Borel Bank & Trust Company, San 

Mateo, California 

Newspaper - 09/14/2001 

Fed Reg - 09/17/2001 

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 

4(j)(5) Boston Private Financial Holdings, Inc., Boston, Massachusetts 

- to acquire Tuckernuck Partners, Inc. (d/b/a "Kanon Bloch 

Carre"), Boston, Massachusetts and thereby engage in 

investment advisory services pursuant to section 225.28(b)(6) of 

Regulation Y 
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, August 18, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Representative Banca Comerciala Romana S.A., Bucharest, Romania, to 

Office establish a representative office in New York, New York.* 

Branch NCF Bank Plc (formerly known as Nordea Companies Finland 

(NCF) Plc formerly known as MeritaNordbanken Plc), to 

establish a state-licensed branch at 437 Madison Avenue, New 

York, New York.* 

18(c) HSBC Bank USA, Buffalo, New York, to assume part of the 

liabilities of CIBC National Bank, Maitland, Florida.* 

Newspaper – N/Avail 

Newspaper – N/Avail 

Newspaper – 09/14/2001 

* 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 

3(a)(3) Citigroup Holding Company, Wilmington, Delaware, Citigroup Newspaper – N/Avail 

Inc. and Citicorp, both of New York, New York, to acquire all Fed Reg – 09/04/2001 

of the outstanding shares of Hurley State Bank, Sioux Falls, 

South Dakota. * 

* 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 Fourth Quarter of 2001 

Institution Location 

Peapack Gladstone Bank 158 Route 206 North 

Gladstone, New Jersey 07977 

Interchange State Bank Park 80 West / Plaza Two 

Saddle Brook, New Jersey 07663 

Solvay Bank 1537 Milton Avenue 

Solvay, New York 13209 
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, August 18, 2001 

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 Fourth Quarter of 2001 

Institution Location 

Primer Bank Doylestown, PA 

Orrstown Bank Orrstown, PA 

Suburban Community Bank Chalfont, PA 

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances. 
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, August 18, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Received notification on 08/13/2001 from Fifth Third Bank, 

Cincinnati, OH of its intent to establish a de novo branch at State 

Route 201 – Brandt Pike, Huber Heights, OH. 

08/30/2001

Branch Received notification on 08/13/2001 from Fifth Third Bank, 

Cincinnati, OH of its intent to establish a de novo branch at 401 

Tenth Street, Huntington, WV. 

08/02/2001

18C Branch Received application from Sky Bank – Mid Am Region, Toledo, 

OH on 08/13/2001 of its intent to acquire ten Ohio-based offices 

of Standard Federal Bank, Troy, MI and, incident thereto, 

establish branch facilities. 

09/14/2001

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 

43324 The Exchange Bank 06/04/2001 08/13/2001 S X 

235 Main Street 

Luckey, OH 43443 

Section VI – CRA examinations scheduled for Fourth Quarter of 2001 

Institution Location 

The Twin Valley Bank

The First State Bank of West Manchester

The Custar State Bank

The Hamler State Bank

The Metamora State Bank

Two East Dayton Street 

West Alexandria, OH 45381 

101 North Main Street 

West Manchester, OH 45382 

22973 Defiance Pike 

Custar, OH 43511 

210 Randolph Street 

Hamler, OH 43524-0358 

120 East Main Street 

Metamora, OH 43540-0270 

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances. 
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, August 18, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Southern Financial Bank, Warrenton, Virginia, to establish a 

branch at 300 East Market Street, Charlottesville, Virginia.* 

Newspaper - 08/27/2001 

Branch Resource Bank, Virginia Beach, Virginia, to establish a branch 

at 8730 Stony Point Parkway, Suite 100, Richmond, Virginia.* 

Newspaper - 08/31/2001 

Branch Albemarle First Bank, Charlottesville, Virginia, to establish a 

branch at U. S. 29 North, 8260 Seminole Trail, Ruckersville, 

Virginia.* 

Newspaper - 09/01/2001 

*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 

911825 Heritage Bank and Trust 06/18/2001 08/17/2001 S X 

200 East Plume Street 

Norfolk, Virginia 23510-1721 

Section VI – CRA examinations scheduled for Fourth Quarter of 2001 

Institution Location 

The Patapsco Bank Dundalk, Maryland 

Farmers & Mechanics Bank Frederick, Maryland 

Virginia Commerce Bank Arlington, Virginia 

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances. 
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, August 18, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

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

located at 1100 Ridgeway Loop, Memphis, Tennessee. 

08/14/2001*

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

located at 3577 Hacks Cross Road, Memphis, Tennessee. 

08/16/2001*

Branch SouthTrust Corporation, Birmingham, Alabama, to establish a 

branch located at 2625 Weston Road, Weston, Florida, to be 

known as the Weston Branch. 

08/10/2001*

*Subject to provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

CIC West Baton Rouge Bancshares, Inc., Port Allen, Louisiana, N/Avail 

after-the-fact notification filed by Paul B. Landry, Jr. Charitable 

Remainder Trust, Mr. Herman Joseph Lowe, and Ms. Sylvia 

Rodriguez, to retain 16.60 percent of the outstanding shares of 

West Baton Rouge Bancshares, Inc., and its subsidiary, Bank of 

West Baton Rouge, both of Port Allen, Louisiana 

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 

COM CNB Holdings, Inc., Alpharetta, Georgia, commitment waiver 

request. 

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 Third Quarter of 2001 

Institution Location 

Bank Independent

Transatlantic Bank

The Bank

Bank of St. Petersburg

Mobile Bank

Insurors Bank

American Bank & Trust of Polk County

Sheffield, Alabama 

Miami, Florida 

Birmingham, Alabama 

St. Petersburg, Florida 

Grand Bay, Alabama 

Nashville, Tennessee 

Lake Wales, Florida 
Section VI – CRA examinations scheduled for Third Quarter of 2001 

Institution Location 

Regions Bank Birmingham, Alabama

Peoples Bank & Trust Company Selma, Alabama

First Gulf Bank Gulf Shores, Alabama

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances. 
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, August 18, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Citizens Bank, Flint, Michigan, for prior approval to establish a 

branch at 2285 Cedar Street, Holt, Michigan.* 

18(c) & Branches First Farmers Bank & Trust Company, Converse, Indiana, for 

prior approval to acquire the Greentown, Logansport, Peru, 

Roann and Wabash offices of Lake City Bank, Warsaw, Indiana 

and thereby to establish branches at 520 W. Main Street, 

Greentown, Indiana, 3910 E. Market Street, Logansport, 

Indiana, 2 N. Broadway, Peru, Indiana, 110 Chippewa Street, 

Roann, Indiana and 1004 N. Cass Street, Wabash, Indiana.* 

Branch Johnson Bank, Racine, Wisconsin, for prior approval to establish 

a branch at 441 Lake Avenue, Racine, Wisconsin.* 

18(c) & Branches M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin, for prior 

approval to merge with National City Bank of Minneapolis, 

Minneapolis, Minnesota and thereby to establish branches at 651 

Nicollet Mall, Minneapolis, Minnesota and 3905 West 69th 

Street, Edina, Minnesota.* 

Newspaper – 8/31/2001 

Newspaper – 8/23/2001 

Newspaper – 8/22/2001 

Newspaper – N/Avail 

* 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 

3(a)(1) Bank Iowa Holding Company, Clarinda, Iowa, for prior 

approval to become a bank holding company through the 

acquisition of 100 percent of the voting shares of Farmers State 

Bank, Schleswig, Iowa.* 

4(c)(8) Chemical Financial Corporation, Midland, Michigan, for prior 

approval to acquire 100 percent of the voting shares of Bank 

West Financial Corporation, Grand Rapids, Michigan and 

thereby indirectly acquire Bank West, Grand Rapids, Michigan 

and to acquire 100 percent of the voting shares of Sunrise 

Mortgage Company, Grand Rapids, Michigan (a wholly-owned 

subsidiary of Bank West), and thereby to engage in extending 

credit and servicing loans.* 

Fed Reg – 8/27/2001 

Newspaper – 9/01/2001 

Fed Reg – 8/17/2001 

Newspaper – 8/19/2001 
Section II – Applications subject to both newspaper and Federal Register notice 

Ending date of 

Type Application comment period 

3(a)(1) Eagle Bancshares, Inc., Cashton, Wisconsin, for prior approval 

to become a bank holding company through the acquisition of 

100 percent of the voting shares of Cashton Bancshares, Inc., 

Cashton, Wisconsin and thereby indirectly acquire Bank of 

Cashton, Cashton, Wisconsin.* 

3(a)(3) Grant County State Bancshares, Inc. Employees Stock 

Ownership Plan, Swayzee, Indiana, for prior approval to acquire 

an additional 1,300 shares (1.97 percent), for a total ownership 

of 21,113 shares (31.99 percent) of the voting shares of Grant 

County State Bancshares, Inc., Swayzee, Indiana and thereby 

indirectly acquire Grant County State Bank, Swayzee, Indiana.* 

3(a)(3) Kerndt Bank Services, Inc., Lansing, Iowa, for prior approval to 

acquire 100 percent of the voting shares of Westmont 

Corporation, West Union, Iowa, and thereby indirectly acquire 

Farmers Savings Bank, West Union, Iowa.* 

Notification by Charles Weldon Morrison of a Change in 

Control of Lamoine Bancorp, Inc., La Harpe, Illinois. 

3(a)(1) MB-MidCity, Inc., Chicago, Illinois, for prior approval to 

become a bank holding company through the acquisition of 100 

percent of the voting shares of MB Financial, Inc., Chicago, 

Illinois and Manufacturers National Corporation, Chicago, 

Illinois and thereby indirectly acquire Manufacturers Bank, 

Chicago, Illlinois; 100 percent of the voting shares of MidCity 

Financial Corporation, Chicago, Illinois and thereby indirectly 

acquire First National Bank of Elmhurst, Elmhurst, Illinois, 

Mid-City National Bank of Chicago, Chicago, Illinois, First 

National Bank of Morton Grove, Morton Grove, Illinois and 

Union Bank and Trust Company, Oklahoma City, Oklahoma 

and 100 percent of the voting shares of Abrams Centre 

Bancshares, Inc., Dallas, Texas and thereby indirectly acquire 

Abrams Centre National Bank, Dallas, Texas.* 

3(a)(3) Mid-Iowa Bancshares Co., Algona, Iowa, for prior approval to 

acquire in excess of 5% but not to exceed 10% of Horizon Bank 

(in organization), Encino, California.* 

3(a)(3) Oswego Community Bank Employee Stock Ownership Plan, 

Oswego, Illinois, for prior approval to acquire an additional 

19.69 percent, for a total of 47 percent, of the voting shares of 

Oswego Bancshares, Inc., Oswego, Illinois and thereby 

indirectly acquire Oswego Community Bank, Oswego, Illinois.* 

3(a)(3) Panhandle Aviation, Inc., Clarinda, Iowa, for prior approval to 

acquire 100 percent of the voting shares of Bank Iowa Holding 

Company, Clarinda, Iowa, and thereby indirectly acquire 

Farmers State Bank, Schleswig, Iowa.* 

Fed Reg – N/Avail 

Newspaper – N/Avail 

Fed Reg – 8/24/2001 

Newspaper – 8/13/2001 

Fed Reg – 8/27/2001 

Newspaper – N/Avail 

Fed Reg – 7/24/2001 

Newspaper – 7/10/2001 

Fed Reg – 8/10/2001 

Newspaper – 8/11/2001 

Fed Reg – 9/11/2001 

Newspaper – N/Avail 

Fed Reg – 9/04/2001 

Newspaper – 9/03/2001 

Fed Reg – 8/27/2001 

Newspaper – 9/01/2001 

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

Ending date of 

Type Application comment period 

3(a)(1) Piper Holdings, Inc., Covington, Indiana, for prior approval to 

become a bank holding company through the acquisition of 100 

percent of the voting shares of The Fountain Trust Company, 

Covington, Indiana.* 

Fed Reg – 7/30/2001 

Newspaper – 8/10/2001 

3(a)(3) River Valley Bancorp, Inc., Eldridge, Iowa, for prior approval to 

acquire 80.95 percent of the voting shares of Southeast Security 

Bank, Mediapolis, Iowa.* 

Fed Reg – 8/27/2001 

Newspaper – 8/25/2001 

Notification by John G. Rosholt, of a Change in Control to retain 

control, and by Gary C. Rosholt to acquire control, of Rosholt 

Bancorporation, Inc., Rosholt, Wisconsin. 

Fed Reg – 8/27/2001 

Newspaper – N/Avail 

3(a)(1) WB Bancshares, Inc., Bloomington, Wisconsin, for prior 

approval to become a bank holding company through the 

acquisition of 100 percent of the voting shares of Woodhouse 

and Bartley Bank, Bloomington, Wisconsin.* 

Fed Reg – 9/10/2001 

Newspaper – N/Avail 

* 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 

4(c)(8) MB-MidCity, Inc., Chicago, Illinois, for prior approval to Fed Reg – 8/10/2001 

acquire 60 percent of the voting shares of Summit MFR Leasing 

LLC, Cincinnati, Ohio and Sentry Lease Equity Pool 2000-1, 

LLC, Salt Lake City, Utah and thereby engage in leasing 

personal or real property. 

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

Type Application 

None 

CC 
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 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, August 18, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Notice by Central Bank and Trust (dba Arvest Bank), Little 9/10/2001 

Rock, Arkansas, to establish a branch at 3217 North Reynolds 

Road, Bryant, Arkansas.* 

* 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 

CIC Notice involving Fredonia Valley Bancorp, Inc., Fredonia, Newspaper – N/Avail 

Kentucky, by Frances Young Trigg, Lexington, Kentucky, to Fed Reg. – N/Avail 

retain up to 13.38 percent. 

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 

1213777 Truman Bank, St. Louis, Missouri 4/23/2001 8/16/2001 S X 

Section VI – CRA examinations scheduled for Fourth Quarter of 2001 

Institution Location 

Citizens Bank Batesville, Arkansas 

First Financial Bank El Dorado, Arkansas 

Heber Springs State Bank Heber Springs, Arkansas 

Citizens Bank and Trust Company Van Buren, Arkansas 

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances. 
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, August 18, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) & Branch The State Savings Bank of Manistique, Manistique, Michigan, to 

purchase certain assets and assume certain liabilities of the 

Naubinway, Michigan and Curtis, Michigan branches of North 

Country Bank & Trust, Traverse City, Michigan and incident 

thereto establish branches in the Michigan communities of 

Naubinway and Curtis.* 

18(c) & Branch BANKFIRST, Sioux Falls, South Dakota, to purchase certain 

assets and assume certain liabilities of the Miami, Arizona 

branch of Community First National Bank, Fargo, North Dakota, 

and immediately thereafter relocate the branch to Chandler, 

Arizona.* 

Branch Valley Bank of Ronan, Ronan, Montana to establish a branch at 

116 Main St., St. Ignatius, Montana.* 

5(d)(3) & Branch Western Security Bank, Billings, Montana, to purchase certain 

assets and assume certain liabilities of the Billings, Montana 

branches of Glacier Bank, Kalispell, Montana and incident 

thereto establish branches at 670 Main Street, Billings, Montana 

and 2209 Central Avenue, Billings, Montana.* 

18(c) & Branch Valley Bank of Helena, Helena, Montana, to purchase certain 

assets and assume certain liabilities of the Helena, Montana 

branch of Glacier Bank, Kalispell, Montana and incident thereto 

establish a branch at 611 North Montana, Helena, Montana.* 

N/Avail. 

N/Avail. 

08/31/2001 

N/Avail. 

N/Avail. 

* 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 

CIC Robert L. Frei to acquire control of Commercial Holding Newspaper – 09/15/2001 

Company, Wagner, South Dakota. Fed. Reg. – 09/07/2001 
Section II – Applications subject to both newspaper and Federal Register notice 

Ending date of 

Type Application comment period 

CIC Karlton Adam to acquire control of Blunt Bank Holding Fed. Reg. – 08/28/2001 

Company, Blunt, South Dakota. Newspaper – 09/06/2001 

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 Fourth Quarter of 2001 

Institution Location 

Clinton State Bank

North Shore Bank of Commerce

Citizens State Bank of Choteau

First Community Bank

Yellowstone Bank

Flint Creek Valley Bank

Dakota Western Bank

State Bank of Alcester

Clinton, Minnesota 

Duluth, Minnesota 

Choteau, Minnesota 

Glasgow, Montana 

Laurel, Montana 

Philipsburg, Montana 

Bowman, North Dakota 

Alcester, South Dakota 

Examinations may have to be rescheduled during the calendar quarter in which they are designated to begin. If an 

institution’s examination is rescheduled for a date later than the end of the date range reflected in a published 

schedule, the institution’s name will be republished in an appropriate later listing. Any comments received as a 

result of either the first publication or subsequent publications will be considered during the examination. Written 

comments regarding the CRA performance of these institutions should be directed to Ms. JoAnne Lewellen at the 

Federal Reserve Bank of Minneapolis, Banking Supervision Department. P. O. Box 291, Minneapolis, Minnesota 

55480-0291. 

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances. 
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, August 18, 2001 

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)(1) Landmark Merger Company, Manhattan, Kansas (to be renamed 

Landmark Bancshares, Inc., Manhattan, Kansas), for prior 

approval to become a bank holding company through the 

acquisition of 100 percent of the voting shares of MNB 

Bancshares, Inc., Manhattan, Kansas, parent of Security 

National Bank, Manhattan, Kansas. 

Newspaper – 07/14/2001 

Fed Reg – 07/09/2001 

3(a)(1) AmeriBank Holding Company, Collinsville, Oklahoma, for prior 

approval to become a bank holding company through the 

acquisition of 100 percent of the voting shares of American 

Bank of Oklahoma, Collinsville, Oklahoma. 

Newspaper – 09/07/2001 

Fed Reg – 09/04/2001 

4(c)(8) Landmark Merger Company, Manhattan, Kansas (to be renamed 

Landmark Bancshares, Inc., Manhattan, Kansas), for prior 

approval to acquire 100 percent of the voting shares of 

Landmark Bancshares, Inc., Dodge City, Kansas, parent of 

Landmark Federal Savings Bank, Dodge City, Kansas, and 

thereby engage in operation of a thrift. 

Newspaper – 07/14/2001 

Fed Reg – 07/09/2001 

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 Saline State Bank, Wilber, Nebraska, for prior approval 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 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, August 18, 2001 

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) Olney Bancshares of Texas, Inc., Olney, TX, and Fed Reg – 09/07/2001 

Olney Bancorp of Delaware, Inc., Wilmington, DE, to acquire Newspaper – 09/05/2001 

Friona State Bank, Friona, TX* 

(previously reported the week ending August 11, 2001) 

*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 Fourth Quarter of 2001 

Institution Location 

Bank of Commerce 

352651 

Falcon International Bank 

564557 

Bank of the West 

1447639 

First State Bank 

603755 

Sanger Bank 

336361 

TIB The Independent Bankers Bank 

529958 

United Texas Bank 

726953 

201 N. Main Street 

McLean, Texas 79057 

5219 McPherson Road 

Laredo, Texas 78041 

500 N. Mesa Street 

El Paso, Texas 79901-1385 

601 College 

Junction, Texas 76849-4624 

501 N. Stemmons 

Sanger, Texas 76266-9375 

350 Phelp Ct. 

Irving, Texas 75038-0001 

12222 Merit Drive, Suite 100 

Dallas, Texas 75251-5529 

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances. 
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, August 18, 2001 

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 Ronald C. LaFranchi, Coquille, Oregon, to retain 18.8 percent Newspaper – 09/06/2001 

and to acquire additional shares of Independent Financial Fed Reg – 09/04/2001 

Network, Coos Bay, Oregon.* 

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 

4(c)(8) Humboldt Bancorp, Eureka, California, to acquire 100 perccent 

of WEBLOCKBOX, Inc., El Dorado Hills, California 
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