Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 30 

Week Ending July 27, 2002 

Board of Governors of the Federal Reserve System, Washington, DC 20551 
H.2 Board Actions July 21, 2002 to July 27, 2002 

Banks, Foreign 

Nordea Bank Finland Plc, Helsinki, Finland -- to establish a branch in New York, New 

York, and acquire ownership of American Scandinavian Banking Corp., a commercial 

lending company. 

- Approved, July 24, 2002 

Regulations And Policies 

Credit card lending -- advance notice of proposed interagency guidance for account 

management and loss allowance. 

- Announced, July 22, 2002 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority July 21, 2002 to July 27, 2002 

BS&R 

C&CA 

FOMC 

Banking Supervision and Regulation 

Consumer and Community Affairs 

Federal Open Market Committee 

RBOPS 

IF 

OSDM 

Reserve Bank Operations and Payment Systems

International Finance

Office of Staff Director for Management

Bank Branches, Domestic 

St. Louis 

Citizens Bank & Trust Company, Van Buren, Arkansas -- to relocate a branch to 200 

Highway 71 North, Alma, and to increase its investment in bank premises. 

- Approved, July 23, 2002 

Atlanta 

Colonial Bank, Montgomery, Alabama -- to establish branches at 1200 Plantation Island, 

Suite 110, St. Augustine, Florida; 7204 Sand Lake Road, Suite 100, Orlando; and 7797 

North Wickham Road, Melbourne. 

- Approved, July 22, 2002 

Secretary 

Maquoketa State Bank, Maquoketa, Iowa -- to establish a branch at 131 West Gillet 

Street, Preston. 

- Approved, July 25, 2002 

Atlanta 

Riverside Bank of Central Florida, Winter Park, Florida -- to establish a branch at 997 

West Broadway Street, Oviedo. 

- Approved, July 24, 2002 

Cleveland 

Sky Bank, Salineville, Ohio -- to establish a branch at 800 South 15th Street, Sebring. 

- Approved, July 25, 2002 

Atlanta 

SouthTrust Bank, Birmingham, Alabama -- to establish a branch at 1620 West 49th 

Street, Miami, Florida. 

- Approved, July 23, 2002 

(AC) = Addition or Correction Delegated - Page 1 of 6 
H.2 Actions under delegated authority July 21, 2002 to July 27, 2002 

Bank Holding Companies 

Richmond 

Alliance Bankshares Corporation, Fairfax, Virginia -- to become a bank holding company 

through the acquisition of Alliance Bank Corporation. 

- Approved, July 23, 2002 

Dallas 

Cen-Tex Bancshares, Inc., Austin, Texas, and Cen-Tex Intermediate Holding Company, 

Inc., Wilmington, Delaware -- to become bank holding companies through the acquisition 

of Community State Bank, Austin. 

- Approved, July 26, 2002 

Secretary 

Citigroup Inc., New York, New York -- commenters' requests to extend the comment 

period for the application to acquire California Federal Bank, San Francisco, California, 

and Citibank, Federal Savings Bank. 

- Denied, July 24, 2002 

San Francisco 

Dallas 

Dallas 

Community Bancorp, Las Vegas, Nevada -- to become a bank holding company through 

the acquisition of Community Bank of Nevada. 

- Approved, July 25, 2002 

First Bancshares of Texas, Inc., Midland, Texas, and First Midland Nevada Corp., 

Reno, Nevada -- to become bank holding companies through the acquisition of First 

National Bank of Midland. 

- Approved, July 24, 2002 

Horizons Bancorp, Inc., Monroe, Louisiana -- to merge with American National 

Bancshares, Inc., Ruston, Louisiana, and thereby acquire American Bank, National 

Association. 

- Approved, July 24, 2002 

(AC) = Addition or Correction Delegated - Page 2 of 6 
H.2 Actions under delegated authority July 21, 2002 to July 27, 2002 

Bank Holding Companies 

Kansas City 

Pinnacle Bancorp, Inc., Central City, Nebraska -- to acquire Keene Bancorp, Inc., 

Keene, Texas. 

- Approved, July 24, 2002 

St. Louis 

Tri-County Bancshares, Inc., Beecher City, Illinois -- to become a bank holding company 

through the acquisition of First State Bank of Beecher City. 

- Approved, July 25, 2002 

New York 

United National Bancorp, Bridgewater, New Jersey -- to acquire Vista Bancorp, Inc., 

Phillipsburg, and Vista Bank, National Association, and to merge Vista Bank, with United 

National Bancorp's subsidiary, UnitedTrust Bank, Bridgewater. 

- Approved, July 22, 2002 

Dallas 

West Financial, Inc., El Paso, Texas, and Delaware West Financial, Inc., Dover, 

Delaware -- to become bank holding companies through the acquisition of Bank of the 

West, El Paso. 

- Approved, July 24, 2002 

Bank Mergers 

Minneapolis 

Dakota Bank, Mendota Heights, Minnesota -- to merge with The Midway National Bank 

of St. Paul, St. Paul. 

- Approved, July 24, 2002 

Kansas City 

First State Bank of Taos, Taos, New Mexico -- to merge with First Community Industrial 

Bank, Denver, Colorado, and establish branches. 

- Approved, July 25, 2002 

(AC) = Addition or Correction Delegated - Page 3 of 6 
H.2 Actions under delegated authority July 21, 2002 to July 27, 2002 

Banks, National 

Secretary 

BNC National Bank, Minneapolis, Minnesota -- relocation of master account to the 

Federal Reserve Bank of Minneapolis. 

- Permitted, July 26, 2002 

Change In Bank Control 

Chicago 

Blackhawk Bancorp, Inc., Beloit, Wisconsin -- change in bank control. 

- Permitted, July 26, 2002 

Chicago 

Golden Sands Bankshares, Inc., Neshkoro, Wisconsin -- change in bank control. 

- Withdrawn, July 26, 2002 

Minneapolis 

North Shore Financial Corporation, Duluth, Minnesota -- change in bank control. 

- Permitted, July 23, 2002 

San Francisco 

RCB Corporation, Sacramento, California -- change in bank control. 

- Permitted, July 24, 2002 

Competitive Factors Reports 

Atlanta 

Community National Bank of Mid-Florida, Lake Mary, Florida -- report on competitive 

factors of the proposed merger with Community Interim Bank. 

- Submitted, July 24, 2002 

Minneapolis 

First National Bank, Fulda, Minnesota -- report on competitive factors of the proposed 

purchase of assets and assumption of liabilities of the Plymouth branch of Franklin 

National Bank of Minneapolis, Minneapolis. 

- Submitted, July 26, 2002 

(AC) = Addition or Correction Delegated - Page 4 of 6 
H.2 Actions under delegated authority July 21, 2002 to July 27, 2002 

Competitive Factors Reports 

San Francisco 

Gateway Business Bank, Lakewood, California -- report on competitive factors of the 

proposed merger with Mission Hills Mortgage Corporation, Santa Ana. 

- Submitted, July 23, 2002 

Kansas City 

Geneva State Bank, Geneva, Nebraska -- report on competitive factors of the proposed 

merger with Grafton State Bank, Grafton. 

- Submitted, July 23, 2002 

Kansas City 

The Home State Bank, Loveland, Colorado -- report on competitive factors of the 

proposed merger with American Bank. 

- Submitted, July 23, 2002 

Philadelphia 

Mellon Bank (DE) National Association, Wilmington, Delaware -- report on competitive 

factors of the proposed mergers with Wilprop, Inc. and The Shelter Group, Inc. 

- Submitted, July 26, 2002 

New York 

Northeastern Engineers Federal, Richmond Hill, New York -- report on competitive 

factors of the proposed merger with Northeastern Engineers Federal Credit Union. 

- Submitted, July 26, 2002 

Atlanta 

United Heritage Bank, Orlando, Florida -- report on competitive factors of the proposed 

merger with United Interim Bank. 

- Submitted, July 24, 2002 

(AC) = Addition or Correction Delegated - Page 5 of 6 
H.2 Actions under delegated authority July 21, 2002 to July 27, 2002 

Extensions Of Time 

Secretary 

Citibank, N.A., New York, New York -- extensions to September 13 and 14, and 

October 5 and 12, 2003, for its subsidiaries, Citibank Overseas Investment Corporation, 

New Castle, Delaware, and Citicorp Finance (Thailand) Limited, Bangkok, Thailand, to 

divest their interests in certain properties. 

- Granted, July 25, 2002 

Secretary 

Citibank, N.A., New York, New York -- extension to July 30, 2003, for its subsidiaries, 

Citibank Overseas Investment Corporation, New Castle, Delaware, and CitiCapital 

Limited, Bangkok, Thailand, to divest their interest in certain property. 

- Granted, July 25, 2002 

Director, BS&R 

Commerzbank AG, Frankfurt am Main, Germany -- extension to July 27, 2003, to 

conform grandfathered securities activities of Commerzbank Capital Markets 

Corporation, New York, New York, to requirements of the Bank Holding Company Act. 

- Granted, July 26, 2002 

Financial Holding Companies 

Atlanta 

Bartow Bancshares, Inc., Cartersville, Georgia -- election to become a financial holding 

company. 

- Effective, July 24, 2002 

Membership 

Chicago 

The Farmers and Mechanics Bank, Galesburg, Illinois -- to become a member of the 

Federal Reserve System. 

- Approved, July 25, 2002 

(AC) = Addition or Correction Delegated - Page 6 of 6 
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, July 27, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, July 27, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Rep Office China Merchants Bank, Shenzhen, Peoples Republic of China, Newspaper – 08/21/2002 

to establish a representative office in New York, New York. 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, July 27, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 4 

Federal Reserve Bank of Cleveland 

Applications and notifications filed during the week ending Saturday, July 27, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

*Branch Notice by Fifth Third Bank, Western Michigan, Grand Rapids, 08/01/2002 

MI to establish a branch at 2500 Brenton Woods Drive, S.E., 

Grand Rapids, MI. 

* 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 of Change in Bank Control filed by the Romer Family 

(John Romer, Elizabeth Romer, Albert Romer, Rebecca 

Moorman, James Romer, and Margery Romer) of their intent to 

retain ownership and control of 54.3 percent of the voting shares 

of the Ottoville Bank Company, Ottoville, OH pursuant to 

Section 225.41 of Regulation Y. 

CIC Notice of Change in Bank Control filed by the Romer Family 

(John Romer, Elizabeth Romer, Albert Romer, Davif Romer, 

Karla Clune, Kathryn Hart, Lynn Hemmelgarn, Rebecca 

Moorman, James Romer, Margery Romer, Jacqueline RomerSensky, Jeffrey Romer, Timothy Romer, Nancy Schroeder, and 

Douglas Romer) of their intent to retain ownership and control 

of 67.7 percent of the voting shares of the St. Henry Bank, St. 

Henry, OH pursuant to Section 225.41 of Regulation Y. 

3A3* Application by Sky Financial Group, Inc., Bowling Green, OH 

to acquire up to 19.0 percent of the voting shares of NSD 

Bancorp, Inc., Pittsburgh, PA. 

3A3 18C Branch Application by Sky Finnacial Group, Inc,. Bowling Green OH to 

acquire the voting shares of Three Rivers Bancorp, Monroeville, 

PA and application by Sky Bank, Salineville, OH to merge with 

The Three Rivers Bank and Trust, Jefferson Burough, PA and 

incident thereto establish branch facilities. 

Fed Reg – 08/02/2002 

Newspaper – 08/04/2002 

Fed Reg – 08/02/2002 

Newspaper – 08/04/2002 

Fed Reg – 08/19/2002 

Newspaper – N/Avail 

Fed Reg – 08/19/2002 

Newspaper – Not Avail 

* Subject to the provisions of the Community Reinvestement 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. 

The federal bank regulators use the following four 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 

568126 Saint Henry Bank 05/20/2002 07/23/2002 S X 

231 East Main Street 

Saint Henry, OH 45883 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, July 27, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

549826 Pamplico Bank & Trust Co. 

189 East Main Street 

Pamplico, South Carolina 29583 

05/06/2002 07/21/2002 S X

1229228 The Marathon Bank 

4095 Valley Pike 

Winchester, Virginia 22602 

05/20/2002 07/25/2002 O X

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, July 27, 2002 

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 7158 Cottage Hill Road, Mobile, Alabama. 

07/27/2002*

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

located at 4300 Breaker Lane, Austin, Texas. 

07/30/2002*

*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 After-the-fact change in control notice by Southern Bancorp, N/Avail 

Inc., Marietta, Georgia, for Southern Bancorp, Inc. Employee 

Stock Ownership Plan With 401K Provisions, Marietta, Georgia, 

to retain 19.49 percent of the outstanding shares of Southern 

Bancorp, Inc. 

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 Southern Bancorp, Inc., Marietta, 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 Quarter of 

Institution Location 

None 
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, July 27, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18C & Branches Salin Bank & Trust Company, Indianapolis, Indiana, to merge Newspaper – N/Avail 

with Blue River Federal Savings Bank, Edinburg, Indiana and 

thereby to establish branches.* 

* 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

4(c)(8) FBOP Corporation, Oak Park, Illinois, to acquire 100 percent of Fed Reg – 08/22/2002 

American Home Loan Corporation, Phoenix, Arizona, and Newspaper – 08/12/2002

thereby indirectly acquire Bank USA, a Federal Savings Bank, 

Phoenix, Arizona, and thereby to operate a savings association.* 

COC Notice by Lawrence Gohlke, Richard Gohlke and Geffrey 

Sawtelle, to gain control of Golden Sands Bankshares, Inc., 

Neshkoro, Wisconsin. 

Fed Reg – N/Avail 

Newspaper – N/AVail 

4(c)(8) Southwest Company, Oakland, Iowa, to retain 100 percent 

ownership of Fremont County Savings Bank, Sidney, Iowa, 

following its conversion from a state-chartered bank to a federal 

savings association, and thereby operate a savings association.* 

Fed Reg – 08/22/2002 

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 

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 

2856939 Frontier Savings Bank 03/18/2002 07/25/2002 S X 

940 Valley View Drive 

Council Bluffs, Iowa 51502 

(712) 328-9715 

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, July 20, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

CIC Notice by The Ernest Hazel III Trust and Kay Hammond Hazel, 

Vero Beach, Florida, as trustee, to gain control of Cardinal 

Bancorp Inc., Saint Louis, Missouri. (Previously submitted 

during the week ending July 13, 2002) 

CIC Notice by L & T Investment Limited Partnership, to gain control 

of First Service Bancshares, Inc., Dermott, Arkansas. 

3A1 Independent Holdings, Inc., Memphis, Tennessee, to become a 

bank holding company by acquiring 100 percent of the voting 

shares of Independent Bank, Memphis, Tennessee. (Previously 

submitted during the week ending July 13, 2002)* 

3A3 Rockhold BanCorp., Kirksville, Missouri, to acquire 8 percent 

of La Plata Bancshares, Inc., La Plata, Missouri, and thereby 

indirectly acquire La Plata State Bank, La Plata, Missouri.* 

Ending date of 

comment period 

Newspaper – 08/08/2002 

Fed Reg – 07/30/2002 

Newspaper – N/Avail 

Fed Reg – N/Avail 

Newspaper – 08/16/2002 

Fed Reg – 08/15/2002 

Newspaper – 08/09/2002 

Fed Reg – 08/19/2002 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 
Section IV – Applications not subject to Federal Register or newspaper notice 

Type Application 

None 

Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, July 27, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

3(a)(3) North Star Holding Company, Inc., Jamestown, North Dakota to Fed Reg – 08/23/2002 

acquire 100 percent of Northern Plains Investment, Inc., Newspaper – 08/22/2002 

Jamestown, North Dakota, which directly owns 23.96 percent of 

North Star Holding Company, Inc., Jamestown, North Dakota 

which controls Stutsman County State Bank, Jamestown, North 

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 Quarter of 

Institution Location 

None 
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, July 27, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period

3(a)(1) Bethlehem Financial Corporation, Belen, New Mexico, to 

become a bank holding company through the acquisition of Newspaper - 08/23/2002 

Fed Reg - 08/23/2002 

100 percent of the voting shares of Bank of Belen, Belen, 

New Mexico. 

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 

522959 MontroseBank 04/26/2002 07/23/2002 S X 

200 N. Townsend Avenue 

Montrose, Colorado 81401-3931 

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, July 27, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

CIC S & E Pritchard Enterprises, Ltd., San Antonio, TX, only Fed Reg – 08/14/2002 

notificant, to acquire an interest in InterContinental Bankshares Newspaper – 08/10/2002 

Corp, San Antonio, TX 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

None 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, July 27, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch North Valley Bank, Redding, California, to establish a branch Newspaper – 07/24/2002 

facility to be located at 2245 Churn Creek Road, Redding, 

California.* 

* 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 by George R. Dill, Mary S. Dill, Fife, Washington, Elsie J. Newspaper – 08/12/2002 

Dill, Henry Dill, Salinas, California, and Dorothy Foland, Fed Reg – 08/16/2002 

Wenatchee, Washington, to increase their ownership up to 15 

percent of Puget Sound Financial Services, Inc., and thereby 

indirectly acquire voting shares of Fife Commercial Bank, both of 

Fife, Washington.* 

* 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 

191663 County Bank 01/29/2002 07/26/2002 S X 

550 Main Street 

Merced, CA 95340 

(209) 725-2000 

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

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

omissions. 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None