Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 10

Week Ending March 8, 2003

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions March 2, 2003 to March 8, 2003

Testimony And Statements

Business Checking Freedom Act (H.R. 859 and H.R. 758) -- statement by Governor 

Kohn before the Subcommittee on Financial Institutions and Consumer Credit of the 

House Committee on Financial Services.

- Published, March 5, 2003 

Forms

Forms -- final review of proposals to require electronic submission of the Consolidated 

Financial Statements for Bank Holding Companies (FR Y-9C), Parent Company Only 

Financial Statements for Large Bank Holding Companies (FR Y-9LP), Parent Company 

Only Financial Statements for Small Bank Holding Companies (FR Y-9SP), and 

Supplement to the Consolidated Financial Statements for Bank Holding Companies (FR 

Y-9CS).

- Approved, March 5, 2003 

Forms -- extension with revision of The Weekly Report of Eurodollar Liabilities Held by 

Selected U.S. Addressees at Foreign Offices of U.S. Banks (FR 2050) and The 

Quarterly Report of Assets and Liabilities of Large Foreign Offices of U.S. Banks (FR 

2502q).

- Approved, March 5, 2003 

(AC) = Addition or Correction Board - Page 1 of 1
March 2, 2003 to March 8, 2003

BS&R

C&CA

FOMC

RBOPS

IF

OSDM

Banking Supervision and Regulation

Consumer and Community Affairs

Federal Open Market Committee

Reserve Bank Operations and Payment Systems

International Finance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

The Citizens Bank, Batesville, Arkansas -- to establish a branch at 1033 West Third 

Street, Imboden.

- Approved, March 5, 2003 

St. Louis

County Bank, Merced, California -- to establish a branch at the intersection of Nees and 

Blackstone Avenues, Fresno.

- Approved, March 3, 2003 

San Francisco

JPMorgan Chase Bank, New York, New York -- to establish a branch at 277 Park 

Avenue.

- Approved, March 7, 2003 

New York

New Peoples Bank, Inc., Honaker, Virginia -- to establish a branch on U.S. Route 460, 

Grundy.

- Approved, March 6, 2003 

Richmond

Orrstown Bank, Shippensburg, Pennsylvania -- to establish a branch at 1355 Orchard 

Drive, Chambersburg.

- Approved, March 3, 2003 

Philadelphia

Bank Holding Companies

BCB Bancorp, Inc., Bayonne, New Jersey -- to become a bank holding company 

through the acquisition of Bayonne Community Bank.

- Approved, March 7, 2003 

New York

(AC) = Addition or Correction Delegated - Page 1 of 6
H.2 Actions under delegated authority March 2, 2003 to March 8, 2003

Bank Holding Companies

BNW Bancorp, Inc., Bellingham, Washington -- to become a bank holding company 

through the acquisition of Bank NorthWest.

- Approved, March 5, 2003 

San Francisco

City National Corporation, Beverly Hills, California -- to (1) acquire Convergent Capital 

Management and its subsidiaries, CCM Newco III and its subsidiaries, and Matthews 

International Capital Management, LLC, and (2) engage through these entities in 

providing financial and investment advisory services; and for City National Corporation to 

serve as a general partner to a closed-end investment partnership investing in assets 

permitted for a bank holding company.

- Approved, March 4, 2003 

Secretary

First Banks, Inc., St. Louis, Missouri -- to acquire Bank of Ste. Genevieve, Sainte 

Genevieve; and relief from certain commitments in connection with First Banks, Inc.'s 

ownership interest in Allegiant Bancorp, Inc., St. Louis.

- Approved, March 3, 2003 

St. Louis

Foundation Bancorp, Bellevue, Washington -- to become a bank holding company 

through the acquisition of Foundation Bank.

- Approved, March 5, 2003 

San Francisco

Georgia Commerce Bancshares, Inc., Atlanta, Georgia -- to become a bank holding 

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

- Approved, March 5, 2003 

Atlanta

Integra Bank Corporation, Evansville, Indiana -- to engage, through the acquisition of 

Integra Reinsurance Company, Ltd., in reinsuring optional credit life and credit accident 

and health insurance sold by its banking subsidiary.

- Approved, March 7, 2003 

St. Louis

(AC) = Addition or Correction Delegated - Page 2 of 6
H.2 Actions under delegated authority March 2, 2003 to March 8, 2003

Bank Holding Companies

Integra Bank Corporation, Evansville, Indiana -- to make an investment in Integra 

Reinsurance Company, Ltd., Turks and Caicos Islands, British West Indies.

- Approved, March 7, 2003 

Director, BS&R

Mechanics Banc Holding Company, Water Valley, Mississippi -- to become a bank 

holding company through the acquisition of Mechanics Bank.

- Approved, March 6, 2003 

St. Louis

Morton Bancorp, Inc., Morton, Mississippi -- to become a bank holding company 

through the acquisition of Bank of Morton.

- Approved, March 6, 2003 

Atlanta

Surrey Bancorp, Mount Airy, North Carolina -- to become a bank holding company 

through the acquisition of Surrey Bank & Trust.

- Approved, March 6, 2003 

Richmond

Triangle Financial Group, Inc., Loganville, Georgia -- to become a bank holding company 

through the acquisition of The Community Bank.

- Withdrawn, March 7, 2003 

Atlanta

Bank Mergers

Bank of Granite Corporation, Granite Falls, North Carolina -- to merge with First 

Commerce Corporation, Charlotte, and indirectly acquire First Commerce Bank.

- Approved, March 6, 2003 

Richmond

First Bank, Creve Coeur, Missouri -- to merge with Bank of St. Genevieve, Sainte 

Genevieve, and retain its existing branches.

- Approved, March 3, 2003 

St. Louis

(AC) = Addition or Correction Delegated - Page 3 of 6
H.2 Actions under delegated authority March 2, 2003 to March 8, 2003

Banks, Foreign

The Sumitomo Trust & Banking Company, Limited, Osaka, Japan -- to engage in trust 

company activities through Sumitomo Trust & Banking Co. (USA), Hoboken, New 

Jersey.

- Withdrawn, March 7, 2003 

New York

Change In Bank Control

BOL Bancshares, Inc., New Orleans, Louisiana -- change in bank control.

- Permitted, March 7, 2003 

Atlanta

Competitive Factors Reports

Bank One, National Association, Chicago, Illinois -- report on competitive factors of the 

proposed merger with Bank One, Kentucky, National Association, Louisville, Kentucky; 

and Bank One, Oklahoma, National Association, Oklahoma City, Oklahoma.

- Submitted, March 5, 2003 

Chicago

Border State Bank of Greenbush, Greenbush, Minnesota -- report on competitive factors 

of the proposed merger with Border State Bank, Roseau; and First National Bank, Thief 

River Falls.

- Submitted, March 5, 2003 

Minneapolis

The Fidelity Bank, Fuquay-Varina, North Carolina -- report on competitive factors of the 

proposed purchase of assets and assumption of liabilities of four branches of FirstCitizens Bank & Trust Company, Raleigh, located in Ramseur and Thomasville, North 

Carolina; and Collinsville and Martinsville, Virginia.

- Submitted, March 3, 2003 

Richmond

First Bank, Lexington, Tennessee -- report on competitive factors of the proposed 

merger with Bank of Murfreesboro, Murfreesboro.

- Submitted, March 4, 2003 

St. Louis

(AC) = Addition or Correction Delegated - Page 4 of 6
H.2 Actions under delegated authority March 2, 2003 to March 8, 2003

Competitive Factors Reports

First State Bank of Bloomington, Bloomington, Illinois -- report on competitive factors of 

the proposed merger with First State Bank of Heyworth, Heyworth.

- Submitted, March 5, 2003 

Chicago

The Fountain Trust Company, Covington, Indiana -- report on competitive factors of the 

proposed merger with Heritage Bank & Trust Company, Darlington.

- Submitted, March 5, 2003 

Chicago

North Georgia Bank, Watkinsville, Georgia -- report on competitive factors of the 

proposed merger with NGB Interim Corporation.

- Submitted, March 5, 2003 

Atlanta

Sun Bank, Lewisburg, Pennsylvania -- report on competitive factors of the proposed 

merger with Mechanics Savings Bank, Steelton.

- Submitted, March 7, 2003 

Philadelphia

United Community Bank, Blairsville, Georgia -- report on competitive factors of the 

proposed merger with First Georgia Bank, Brunswick.

- Submitted, March 5, 2003 

Atlanta

Extensions Of Time

First Capital Investments, L.L.C., Lees Summit, Missouri -- extension to May 30, 2003, 

to acquire shares of 1st Financial Bancshares, Inc., Overland Park, Kansas; Centerville 

State Bank, Centerville; and Sylvan Agency, Inc., Sylvan Grove.

- Granted, March 7, 2003 

Kansas City

(AC) = Addition or Correction Delegated - Page 5 of 6
H.2 Actions under delegated authority March 2, 2003 to March 8, 2003

Extensions Of Time

Merchants Financial Group, Inc., Winona, Minnesota -- extension to June 4, 2003, to 

acquire Merchants Bank, National Association, La Crescent, a de novo bank, in 

connection with Merchants Bank's relocation from La Crescent to Onalaska, Wisconsin.

- Granted, March 3, 2003 

Minneapolis

Neighbors Bancshares, Inc., Roswell, Georgia -- extension to June 18, 2003, to become 

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

- Granted, March 4, 2003 

Atlanta

Oswego Community Bank Employee Stock Ownership Plan, Oswego, Illinois -- 

extension to June 5, 2003, to increase its ownership of Oswego Bancshares, Inc., and 

thereby acquire additional shares of Oswego Community Bank.

- Granted, March 5, 2003 

Chicago

(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, March 8, 2003 

Section I – Applications subject to newspaper notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

Ending date of 

comment period

None 

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

None 
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding 

S = Satisfactory 

NI = Needs to improve 

SN = Substantial noncompliance 

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

RSSD Exam type

number Institution/Location

Examination 

date

CRA 

public date

CRA 

rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None 
District 2 

Federal Reserve Bank of New York 

Applications and notifications filed during the week ending Saturday, March 8, 2003 

Section I – Applications subject to newspaper notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

Ending date of 

comment period

None 

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

None 
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding 

S = Satisfactory 

NI = Needs to improve 

SN = Substantial noncompliance 

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

RSSD Exam type

number Institution/Location

Examination 

date

CRA 

public date

CRA 

rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None 
District 3 

Federal Reserve Bank of Philadelphia 

Applications and notifications filed during the week ending Saturday, March 8, 2003 

Section I – Applications subject to newspaper notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

Ending date of 

comment period

None 

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

None 
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding 

S = Satisfactory 

NI = Needs to improve 

SN = Substantial noncompliance 

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

RSSD Exam type

number Institution/Location

Examination 

date

CRA 

public date

CRA 

rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None 
District 4 

Federal Reserve Bank of Cleveland 

Applications and notifications filed during the week ending Saturday, March 8, 2003 

Section I – Applications subject to newspaper notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

Ending date of 

comment period

None 

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

3(a)(5)(C) Main Street Financial Services Corp., Wheeling, West Virginia, 

proposes to become a bank holding company through the 

acquisition of Main Street Banc Corp., Wheeling, West Virginia, 

pursuant to section 3(a)(5)(C) of the Bank Holding Company 

Act. 
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding 

S = Satisfactory 

NI = Needs to improve 

SN = Substantial noncompliance 

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

RSSD Exam type

number Institution/Location

Examination 

date

CRA 

public date

CRA 

rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None 
District 5 

Federal Reserve Bank of Richmond 

Applications and notifications filed during the week ending Saturday, March 8, 2003 

Section I – Applications subject to newspaper notice only

Type Application

Ending date of 

comment period

Branch First Bank, Strasburg, Virginia, to establish a branch at 

5304 Main Street, Mount Jackson, Virginia.* 

Newspaper – 03/15/2003 

*Subject to the provisions of the Community Reinvestment Act. 

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

Type Application

Ending date of 

comment period

None 

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

None 
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding 

S = Satisfactory 

NI = Needs to improve 

SN = Substantial noncompliance 

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

RSSD Exam type

number Institution/Location

Examination 

date

CRA 

public date

CRA 

rating LrgBk SmBk 

1010930 United Bank 

514 Market Street 

Parkersburg, West Virginia 26101 

10/17/2002 03/02/2003 S X 

1495331 Rockingham Heritage Bank 

110 University Boulevard 

Harrisonburg, Virginia 22801 

12/16/2002 03/02/2003 O X 

355821 Bank of Floyd 

101 Jacksonville Circle 

Floyd, Virginia 24091 

12/16/2002 03/02/2003 S 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, March 8, 2003 

Section I – Applications subject to newspaper notice only

Type Application

Ending date of 

comment period

Branch Palm Beach County Bank, Boynton Beach, Florida, to establish 

a branch located at 340 Royal Poinciana Way, Suite 333, Palm 

Beach, Florida.* 

Newspaper-03/11/2003 

* Subject to the provisions of the Community Reinvestment Act 

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

Type Application

Ending date of 

comment period

3(a)(1) Mountain Bancshares, Inc., Dawsonville, Georgia, to become a 

bank holding company by acquiring Mountain State Bank, 

Dawsonville, Georgia.* 

Newspaper-03/21/2003 

Fed Reg-03/24/2003 

CIC First Citizens Bankshares, Inc., Glennville, Georgia, prior 

change in control notification filed by Jeannie Kicklighter Beck, 

to acquire 1.5 percent of the outstanding shares of First Citizens 

Bankshares, Inc., Glennville, Georgia. Total pro forma 

ownership will be 26.1 percent. 

Newspaper-N/Avail 

Fed Reg-N/Avail 

CIC People’s Community Bancshares, Inc., Sarasota, Florida, prior 

change in control notice by Neil D. McCurry, Jr., Liane 

McCurry, J. Steadman McCurry, Neil D. McCurry, Sr., and 

Bettye S. McCurry, collectively as the McCurry Family Group, 

to acquire an additional 3.69 percent of the outstanding shares of 

People's Community BancShares, Inc., Sarasota, Florida. Total 

ownership will equal 11.78 percent. 

Newspaper-N/Avail 

Fed Reg-03/26/2003 

4(c)(8) SunTrust Banks, Inc., Atlanta, Georgia, to acquire Lighthouse 

Financial Services, Inc., Hilton Head Island, South Carolina, and 

thereby engage in operating a savings association.* 

Newspaper-03/28/2003 

Fed Reg-04/10/2003 

* Subject to the provisions of the Community Reinvestment Act 
Section III – Applications subject to Federal Register notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

None 

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding 

S = Satisfactory 

NI = Needs to improve 

SN = Substantial noncompliance 

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

RSSD Exam type

number Institution/Location

Examination 

date

CRA 

public date

CRA 

rating LrgBk SmBk 

889036 Commercial Bank of Florida 

1550 SW 57 Avenue 

Miami, Florida 33144 

(305) 267-1200 

11/04/2002 02/16/2003 S X 

381334 Alabama Exchange Bank 

Post Office Box 830728 

Tuskegee, Alabama 36083 

(334) 727-1730 

11/04/2002 02/17/2003 S X 
Section VI – CRA examinations scheduled for Quarter of

Institution Location

None 
District 7 

Federal Reserve Bank of Chicago 

Applications and notifications filed during the week ending Saturday, March 8, 2003 

Section I – Applications subject to newspaper notice only

Type Application

Ending date of 

comment period

18(c) First Banking Center, Burlington, Wisconsin, to purchase the 

assets and assume liabilities of the Walworth branch of North 

Shore Bank, FSB, Brookfield, Wisconsin.* 

Newspaper – 03/03/2003 

Branch Union Bank & Trust Company, Evansville, Wisconsin, to 

establish a branch facility to be located at 696 Janesville Street, 

Oregon, Wisconsin.* 

Newspaper – 03/14/2003 

* Subject to the provisions of the Community Reinvestment Act 

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

Type Application

Ending date of 

comment period

3(a)(3) Capitol Bancorp, Ltd., Lansing, Michigan, through its 

subsidiary, First California Southern Bancorp, San Diego, 

California, to acquire 51 percent of the voting shares of First 

International Bank, Chula Vista, California.* 

Fed Reg – 03/24/2003 

Newspaper – 03/24/2003 

3(a)(1) First California Southern Bancorp, San Diego, California, to 

become a bank holding company through the acquisition of 51 

percent of the voting shares of First International Bank, Chula 

Vista, California.* 

Fed Reg – 03/24/2003 

Newspaper – 03/24/2003 

3(a)(3) Iroquois Bancorp, Inc., Gilman, Illinois, to acquire 42.19 percent 

of the voting shares of JW Bancorp, Inc., Winchester, Illinois, 

and thereby indirectly acquire John Warner Financial 

Corporation, Clinton, Illinois and The John Warner Bank, 

Clinton, Illinois.* 

Fed Reg – 03/24/2003 

Newspaper – N/Avail 

3(a)(1) JW Bancorp, Inc., Winchester, Illinois, to become a bank 

holding company by acquiring 100 percent of the voting shares 

of John Warner Financial Corporation, Clinton, Illinois, and 

thereby indirectly acquire The John Warner Bank, Clinton, 

Illinois.* 

Fed Reg – 03/24/2003 

Newspaper – N/Avail 
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of 

comment period

CIC Notice by Ronald W. Plassman, Fort Wayne, Indiana, to acquire 

an additional 1,360 shares or 34 percent and thereby increase his 

aggregate ownership to 54 percent, of Knisely Financial Corp., 

Butler, Indiana, and thereby indirectly acquire Knisely Bank, 

Butler, Indiana. 

Fed Reg – 02/24/2003 

Newspaper – N/Avail 

3(a)(1) PSB Group, Inc., Madison Heights, Michigan, to become a bank 

holding company by acquiring 100 percent of the voting shares 

of Peoples State Bank, Hamtramck, Michigan.* 

Fed Reg – N/Avail 

Newspaper – N/Avail 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

None 

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding 

S = Satisfactory 

NI = Needs to improve 

SN = Substantial noncompliance 
Section V – Availability of CRA public evaluations

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

RSSD Exam type

number Institution/Location

Examination 

date

CRA 

public date

CRA 

rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None 
District 8 

Federal Reserve Bank of St. Louis 

Applications and notifications filed during the week ending Saturday, March 8, 2003 

Section I – Applications subject to newspaper notice only

Type Application

Ending date of 

comment period

18C 

Branch 

Arvest Bank, Fayetteville, Arkansas, to merge with The Bank of 

Yellville, Yellville, Arkansas, and to retain the acquired 

facilities as branch offices.* 

Newspaper – 04/01/2003 

* Subject to the provisions of the Community Reinvestment Act 

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

Type Application

Ending date of 

comment period

3A3 Arvest Bank Group, Inc., Bentonville, Arkansas, and its 

subsidiary, Arvest Holdings, Inc., Little Rock, Arkansas, to 

acquire 100 percent of Mountain Bancshares, Inc., Yellville, 

Arkansas, and thereby indirectly acquire The Bank of Yellville, 

Yellville, Arkansas.* 

Newspaper – 03/30/2003

Fed Reg – 04/04/2003 

3A3 Premier Bancshares, Inc., Jefferson City, Missouri, to acquire up 

to 45 percent of Mid-America Bancorp, Inc., Jewell, Kansas, 

and thereby indirectly acquire Heartland Bank, Jewell, Kansas. 

(Previously submitted during the week ending March 1, 2003)*

Newspaper – 03/29/2003

Fed Reg – 04/03/2003 

3A1 Security First Bancshares, Inc., O'Fallon, Illinois, to become a 

bank holding company by acquiring at least 68 percent of the 

voting stock of Bank of O'Fallon, O'Fallon, Illinois.* 

Newspaper – 04/05/2003

Fed Reg – 04/07/2003 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of 

comment period

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

Type Application

None 

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding 

S = Satisfactory 

NI = Needs to improve 

SN = Substantial noncompliance 

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

RSSD Exam type

number Institution/Location

Examination 

date

CRA 

public date

CRA 

rating LrgBk SmBk 

87944 MidSouth Bank 

Jonesboro, Arkansas 

11/12/2002 03/04/2003 S X 

777441 Flora Bank & Trust 

Flora, Illinois 

11/12/2002 03/07/2003 S X 

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, March 8, 2003 

Section I – Applications subject to newspaper notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

Ending date of 

comment period

CIC Change in control notice by Curtis J. Neumann to gain control of 

First Hawley Bancshares, Inc. Hawley, Minnesota, and thereby 

indirectly gain control of First National Bank, Hawley, 

Minnesota. 

Fed Reg- 03/24/2003 

Newspaper- N/Avail 

CIC Change in control notice by Helen M. Olson to gain control of 

First Hawley Bancshares, Inc. Hawley, Minnesota, and thereby 

indirectly gain control of First National Bank, Hawley, 

Minnesota. 

Fed Reg-03/24/2003 

Newspaper- N/Avail 

CIC Change in control notice by the Neumann Family Limited 

Partnership of Detroit Lakes, Minnesota to gain control of First 

Hawley Bancshares, Inc. Hawley, Minnesota, and thereby 

indirectly gain control of First National Bank, Hawley, 

Minnesota. 

Fed Reg- 03/24/2003 

Newspaper- N/Avail 

3(a)(3) TCF Financial Corporation, Wayzata, Minnesota proposes to 

acquire up to an additional 5.10% of the voting shares of 

TransCommunity Bankshares Incorporated, Richmond, Virginia, 

thereby increasing its ownership interest to no more than 9.99%. 

TransCommunity Bankshares Incorporated owns the Bank of 

Powhatan, N.A., Powhatan, Virginia, and the Bank of 

Goochland, N.A., Goochland, Virginia.* 

Fed Reg- 03/28/2003 

Newspaper-03/22/2003 

*Subject to the provisions of the Community Reinvestment Act. 
Section III – Applications subject to Federal Register notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

COM First National Agency Company of Deer River, Inc., Deer River 

Minnesota requests relief from a commitment. 

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding 

S = Satisfactory 

NI = Needs to improve 

SN = Substantial noncompliance 

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

RSSD Exam type

number Institution/Location

Examination 

date

CRA 

public date

CRA 

rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None 
District 10 

Federal Reserve Bank of Kansas City 

Applications and notifications filed during the week ending Saturday, March 8, 2003 

Section I – Applications subject to newspaper notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

Ending date of 

comment period

3(a)(1) Frontier BancShares, Inc., Oklahoma City, Oklahoma, to 

become a bank holding company through the acquisition of 100 

percent of the voting shares of Frontier State Bank, Oklahoma 

City, Oklahoma. 

Newspaper - N/Available

Fed Reg - N/Available 

CIC Notice by Aubrey K. McClendon, Tom L. Ward, Marcus C. 

Rowland, Shannon T. Self, and C. Ray Lees, all of Oklahoma 

City, Oklahoma (as a group), to acquire control of First 

Medicine Lodge Bancshares, Inc., Overland Park, Kansas, 

parent of First Bank of Medicine Lodge, Medicine Lodge, 

Kansas. 

Newspaper - 03/10/2003 

Fed Reg - 03/26/2003 

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

None 
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding 

S = Satisfactory 

NI = Needs to improve 

SN = Substantial noncompliance 

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

RSSD Exam type

number Institution/Location

Examination 

date

CRA 

public date

CRA 

rating LrgBk SmBk 

21256 State Bank of Burrton 

200 N. Burrton 

Burrton, Kansas 67020 

12/09/2002 03/03/2003 S X 

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, March 8, 2003 

Section I – Applications subject to newspaper notice only

Type Application

Ending date of 

comment period

Branch Texas State Bank, McAllen, TX, to establish a branch at 2252 

Garrison Street, Eagle Pass, TX 78852* 

Newspaper - 03/14/2003 

* Subject to the provisions of the Community Reinvestment Act 

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

Type Application

Ending date of 

comment period

CIC Robert C. Dunn, Jr., Hobbs, NM, trustee of the 

Dunn Family Trust, Hobbs, NM, et al, to acquire an interest in 

Lea County Bancshares, Inc., Hobbs, NM 

(Previously reported the week ending March 1, 2003) 

Fed Reg – 03/21/2003 

Newspaper – 03/21/2003 

3(a)(1) Blanco National Holdings, Inc., Blanco, TX, and 

Blanco National Holdings of Delaware, Inc., Dover, DE, 

to acquire Blanco National Bank, Blanco, TX* 

(Previously reported the week ending March 1, 2003) 

Fed Reg – 03/31/2003 

Newspaper – 03/21/2003 

3(a)(1) Blanco National Holdings of Delaware, Inc., Dover, DE, 

to acquire Blanco National Bank, Blanco, TX* 

(Previously reported the week ending March 1, 2003) 

Fed Reg – 03/31/2003 

Newspaper – 03/21/2003 

*Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of 

comment period

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

Type Application

None 

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding 

S = Satisfactory 

NI = Needs to improve 

SN = Substantial noncompliance 

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

RSSD Exam type

number Institution/Location

Examination 

date

CRA 

public date

CRA 

rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None 
District 12 

Federal Reserve Bank of San Francisco 

Applications and notifications filed during the week ending Saturday, March 8, 2003 

Section I – Applications subject to newspaper notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

Ending date of 

comment period

CIC Notice by Alan Wilber Rolley, Dallas, Texas, and Blake Alan 

Rolley, Flagstaff, Arizona, acting in concert, to increase their 

ownership up to 33.06 percent of Arizona Bancshares, Inc., 

Flagstaff, Arizona.* 

Newspaper – N/Avail 

Fed Reg – 02/04/2003 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of 

comment period

None 

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

Type Application

None 
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding 

S = Satisfactory 

NI = Needs to improve 

SN = Substantial noncompliance 

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

RSSD Exam type

number Institution/Location

Examination 

date

CRA 

public date

CRA 

rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None