Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 28

Week Ending July 8, 2000

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions July 2, 2000 to July 8, 2000

Regulations And Policies

Home Equity Lending -- proposal to hold three public hearings under the authority 

of the Home Ownership Equity Protection Act of 1994 and request for public 

comment (Docket R-1075).

- Approved, July 5, 2000 

Policy Statement on Payments System Risk -- corrections and indefinite delay of the 

effective date of modifications to daylight overdraft posting rules (Docket R-1068).

- Approved, July 6, 2000 

Regulation E -- publication for comment of proposed amendments to require the 

disclosure of certain automated teller machine transaction fees (Docket R-1077).

- Approved, July 6, 2000 

(AC) = Addition or Correction Board - Page 1 of 1
July 2, 2000 to July 8, 2000

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

International Fiance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

The Bank of New York, New York, New York -- to establish a branch at 700 Clock 

Tower Commons, Brewster.

- Approved, July 6, 2000 

New York

Compass Bank, Birmingham, Alabama -- to establish a branch at Kuykendahl Road 

and The Woodlands Parkway, The Woodlands, Texas.

- Approved, July 7, 2000 

Secretary

Falcon International Bank, Laredo, Texas -- to establish a branch at 204 Bob Bullock 

Loop.

- Approved, July 5, 2000 

Dallas

Farmers & Merchants Bank of Rockford, Spokane, Washington -- to establish a 

branch at Country Vista Drive and Liberty Lake Road, Liberty Lake.

- Approved, July 6, 2000 

San Francisco

First State Bank, Flagstaff, Arizona -- to establish a branch at 3150 North Winding 

Brook Road.

- Approved, July 6, 2000 

San Francisco

First State Bank, Granger, Texas -- to establish a branch at 207 North Main Street, 

Elgin.

- Approved, July 7, 2000 

Dallas

Manufacturers and Traders Trust Company, Buffalo, New York -- to establish 

branches at 251 River Street, Troy, and 140 Adams Avenue, Hauppauge.

- Approved, July 6, 2000 

New York

(AC) = Addition or Correction Delegated - Page 1 of 6
H.2 Actions under delegated authority July 2, 2000 to July 8, 2000

Bank Holding Companies

ANB Financial Corporation, Arlington, Texas -- to become a bank holding company 

through the acquisition of ANB Delaware Financial Corporation, Dover, and 

Arlington National Bank, Arlington, and for ANB Delaware Financial Corporation to 

become a bank holding company through the acquisition of Arlington National Bank.

- Approved, July 6, 2000 

Dallas

Arvest Bank Group, Inc., Bentonville, Arkansas -- to retain Arvest Bank, Joplin, 

Missouri, on the conversion of its predecessor institution from a federally chartered 

savings bank to a state chartered bank.

- Approved, July 7, 2000 

St. Louis

Australia & New Zealand Banking Group, Melbourne, Australia -- commenter's 

request to extend the public comment period on the proposed acquisition of Amerika 

Samoa Bank, Pago Pago, American Samoa.

- Denied, July 7, 2000 

Secretary

BancFirst Corporation, Oklahoma City, Oklahoma -- to merge with First Southwest 

Corporation, Frederick, and acquire First Southwest Bank, and for its subsidiary 

bank, BankFirst, to merge with First Southwest Bank and establish a branch.

- Approved, July 7, 2000 

Kansas City

Central Valley Bancorp, Modesto, California -- to become a bank holding company 

through the acquisition of Modesto Commerce Bank.

- Approved, July 6, 2000 

San Francisco

Cheaha Financial Group, Inc., Oxford, Alabama -- to become a bank holding 

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

- Approved, July 6, 2000 

Atlanta

Coast Community Bancshares, Inc., Biloxi, Mississippi -- waiver of a commitment.

- Approved, July 3, 2000 

Atlanta

(AC) = Addition or Correction Delegated - Page 2 of 6
H.2 Actions under delegated authority July 2, 2000 to July 8, 2000

Bank Holding Companies

CPB, Inc., Honolulu, Hawaii -- to engage de novo through CPB Real Estate, Inc. in 

real estate lending activities. 

- Approved, July 3, 2000 

San Francisco

F & M Financial Services, Inc., Preston, Minnesota -- to acquire F & M Community 

Bank, N.A., Chatfield.

- Approved, July 6, 2000 

Minneapolis

First Community Banc Holding Company, Hillsboro, Illinois -- to become a bank 

holding company through the acquisition of First Community Bank of Hillsboro.

- Approved, July 6, 2000 

St. Louis

First Interstate BancSystem, Inc., Billings, Montana -- to acquire Equality 

Bankshares, Inc., Cheyenne, Wyoming.

- Approved, July 7, 2000 

Minneapolis

First Merchants Corporation, Muncie, Indiana -- to retain ownership of First 

Merchants Reinsurance Co., Ltd. and engage in reinsuring credit insurance.

- Approved, July 6, 2000 

Chicago

Mahaska Investment Company ESOP, Oskaloosa, Iowa -- to acquire additional 

shares of Mahaska Investment Company.

- Approved, July 6, 2000 

Chicago

Provident Bankshares Corporation, Baltimore, Maryland -- request for waiver of 

application in connection with the merger of its subsidiary, Provident Bank and Trust 

with Harbor Federal Savings Bank and the acquisition of Harbor Federal Bancorp, 

Inc.

- Granted, June 29, 2000 (AC)

Richmond

(AC) = Addition or Correction Delegated - Page 3 of 6
H.2 Actions under delegated authority July 2, 2000 to July 8, 2000

Bank Mergers

First Arvest Bank, Siloam Springs, Arkansas -- to merge with Delaware County 

Bank, Jay, Oklahoma, and to retain and operate the bank's branches.

- Approved, July 6, 2000 

St. Louis

Banks, Foreign

Banco Comercial Portugues, S.A., Oporto, Portugal -- request to submit an 

application under Regulation K after a merger.

- Approved, June 27, 2000 (AC)

General Counsel

Banks, State Member

Centura Bank, Rocky Mount, North Carolina -- to acquire certain assets and assume 

certain liabilities of four branches of Wachovia Bank, National Association, WinstonSalem, and to establish branches at those locations.

- Approved, July 7, 2000 

Secretary

First State Bank, Granger, Texas -- to purchase certain assets and assume certain 

liabilities of a branch of Broadway National Bank, San Antonio.

- Approved, July 7, 2000 

Dallas

Valley Bank of Ronan, Ronan, Montana -- to acquire certain assets and assume 

certain liabilities of the Thompson Falls branch of Glacier Bank, Kalispell, and to 

establish a branch in Thompson Falls.

- Approved, July 5, 2000 

Minneapolis

Change In Bank Control

Financial Services of St. Croix Falls, Inc., St. Croix Falls, Wisconsin -- change in 

bank control.

- Permitted, July 3, 2000 

Minneapolis

(AC) = Addition or Correction Delegated - Page 4 of 6
H.2 Actions under delegated authority July 2, 2000 to July 8, 2000

Change In Bank Control

Lafourche Bancshares, Inc., Larose, Louisiana -- change in bank control.

- Permitted, July 3, 2000 

Atlanta

Competitive Factors Reports

First Volunteer Bank of Middle Tennessee, Lawrenceburg, Tennessee -- report on 

competitive factors of the proposed merger with First Volunteer Bank of Tennessee, 

Chattanooga.

- Submitted, July 5, 2000 

Atlanta

Jackson Federal Bank, San Bernardino, California -- report on competitive factors of 

the proposed merger of the bank, a subsidiary of Prudential Corp, plc, London, 

England, with Highland Federal Bank, Burbank, and the proposed acquisition of 

Highlands Bancorp, Inc. by Prudential.

- Submitted, July 6, 2000 

San Francisco

Modesto Commerce Bank, Modesto, California -- report on competitive factors of 

the proposed merger with Modesto Merger Co.

- Submitted, July 6, 2000 

San Francisco

North Coast Bank, N.A., Windsor, California -- report on competitive factors of the 

proposed merger with ARH Interim National Bank, Santa Rosa, a de novo bank.

- Submitted, July 6, 2000 

San Francisco

Phillipsburg Bank and Trust Company, Phillipsburg, New Jersey -- report on 

competitive factors of the proposed merger with Twin Rivers Community Bank, 

Easton, Pennsylvania.

- Submitted, July 6, 2000 

New York

(AC) = Addition or Correction Delegated - Page 5 of 6
H.2 Actions under delegated authority July 2, 2000 to July 8, 2000

Competitive Factors Reports

The Ramsey National Bank and Trust Company of Devils Lake, Devils Lake, North 

Dakota -- report on competitive factors of the proposed merger with Ramsey Bank, 

Federal Savings Bank, Cando.

- Submitted, July 3, 2000 

Minneapolis

Texas First Bank, Santa Fe, Texas -- report on competitive factors of the proposed 

merger with Texas First Bank, Hitchcock.

- Submitted, July 3, 2000 

Dallas

Extensions Of Time

WCB Holding Company of Illinois, Inc., Geneva, Illinois -- extension to October 7, 

2000, to become a bank holding company through the acquisition of Winfield 

Community Bank, Winfield, a de novo bank.

- Approved, July 6, 2000 

Chicago

Membership

Arvest Bank, Joplin, Missouri -- to become a member of the Federal Reserve System.

- Approved, July 7, 2000 

Kansas City

Solano Bank, Vacaville, California, a de novo bank -- to become a member of the 

Federal Reserve System.

- Approved, July 6, 2000 

San Francisco

(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 08, 2000

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, July 8, 2000

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)(3)\3(a)(5)\

4(c)(8)\18(c)

M&T Bank Corporation, Buffalo, New York, and Olympia

Financial Corporation, Buffalo, New York, (i) to acquire by

merger Keystone Financial Inc., (“Keystone”) and thereby

acquire its wholly-owned subsidiary, Keystone Financial Bank,

N.A.; (“Keystone Bank”) and (ii) to acquire Keystone’s whollyowned nonbanking subsidiaries. Manufacturers and Traders

Trust Company, Buffalo, New York, to merge with Keystone

Bank, and as incident thereto, to establish branches.*

Newspaper - 07/12/2000

Fed. Reg. – 08/03/2000

3(a)(1) Avant Financial LLC, Syracuse, New York, to become a

bank holding company by acquiring 67.5 percent of the

voting shares of Reliance Bank, White Plains, New York.*

Newspaper – 07/29/2000

Fed Reg – 07/28/2000

* 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 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, July 8, 2000

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, July 8, 2000

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 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, July 8, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Allfirst Bank, Baltimore, Maryland, to establish a branch

at 5100 Campbell Boulevard, White Marsh, Maryland .*

Newspaper – 07/17/2000

18(c) Highlands Union Bank, Arlington, Virginia, to acquire a

branch office of First Vantage Bank/Tri Cities, Bristol,

Virginia (formerly Tri-City Bank and Trust Company,

Blountville, Tennessee) .*

Newspaper – N/A

*Subject to the provisions of the Community Reinvestment Act.

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, July 8, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

lcoated at 4482 West Main Street, Dothan, Alabama, to be

known as the Highway 84 West Office.

07/14/2000*

Branch AuburnBank, Auburn, Alabama, to establish a branch located at

1717 South College Street, Auburn, Alabama, to be known as

the Auburn WalMart Branch.

07/31/2000*

Branch Colonial Bank, Montgomery, Alabama, to establish a branch

located at 9770 NW 25 th Street, Miami, Florida.

07/15/2000*

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

located at 3707 Hardy Street, Hattiesburg, Mississippi.

07/15/2000*

Branch SunTrust Bank, Atlanta, Georgia, to establish a branch located at

4800 First Coast Highway, Fernandina Beach, Florida (Amelia

Island), to be known as the Amelia Island Harris-Teeter In-Store

Branch.

07/08/2000*

*Subject to provisions of the Community Reinvestment Act.

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

Type Application

Ending date of

comment period

3(a)(1) First Rainsville Bancshares, Inc., Employee Stock Ownership

Plan, Rainsville, Alabama, to become a bank holding company

by acquiring 28.8 percent of the outstanding shares of First

Rainsville Bancshares, Inc., and its subsidiary, First Bank of the

South, both of Rainsville, Alabama.

N/Avail*

CIC American BancShares Corporation, Livingston, Tennessee,

after-the-fact notification filed by Mr. James Steve Daniels to

retain 12.96 percent of the outstanding shares of American

BancShares Corporation, Livingston, Tennessee.

N/Avail

*Subject to 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

3(a)(1) FCB Financial, Inc., Tampa, Florida, notice to become a bank

holding company by acquiring First Commercial Bank of

Tampa, Tampa, Florida.

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 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, July 8, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch First Community Bank, Harbor Springs, Michigan, for prior

approval to establish a branch at 201 N. Main Street,

Cheboygan, Michigan.

Newspaper – 7/29/2000

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

2685504 Warren Bank

30068 Schoenherr Road

Warren, Michigan 48093

(810) 498-3300

01/31/2000 07/03/2000 NI x

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 8, 2000

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 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, July 8, 2000

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)(3) Jackass Creek Land & Livestock Co., Ennis, Montana, for prior

approval to acquire an additional 1,879 shares thereby increasing

its ownership to 2,770 shares or 73.9% of the voting stock of

First Boulder Valley Bank, Boulder, Montana.

Newspaper – 07/28/2000

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

Membership Dacotah Bank, Rolla, North Dakota, 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 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, July 8, 2000

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 Enevoldsen Limited Partnership, Potter, Nebraska, to acquire

voting shares of Enevoldsen Management Company, Potter,

Nebraska, and thereby indirectly acquire Potter State Bank of

Potter, Potter, Nebraska.

Newspaper - N/Avail

Fed Reg - 07-26-2000

3(a)(1) FNB Financial Corporation, Las Vegas, New Mexico, to become

a bank holding company through the acquisition of 100 percent

of the voting shares of First National Bank in Las Vegas, Las

Vegas, New Mexico.

Newspaper - 07/30/2000

Fed Reg - 07/31/2000

3(a)(1) Southwest Capital, L.L.C., Weatherford, Oklahoma, to become a

bank holding company through the acquisition of 5 percent of

the voting shares of The Jack and Katherine Dickey Family

Limited Partnership, Weatherford, Oklahoma, and thereby

indirectly acquire First Farm Credit Corporation, Weatherford,

Oklahoma.

Newspaper - 07/28/2000

Fed Reg - 08/07/2000

3(a)(1) The Jack and Katherine Dickey Family Limited Partnership,

Weatherford, Oklahoma, to become a bank holding company

through the acquisition of 59.6 percent of the voting shares of

First Farm Credit Corporation, Weatherford, Oklahoma, and

thereby indirectly acquire Southwest National Bank,

Weatherford, Oklahoma.

Newspaper - 07/28/2000

Fed Reg - 08/07/2000
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 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, July 8, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Citizens Bank and Trust Company of Baytown, Baytown, TX, to

establish a mobile branch to provide bank services at temporary

locations within the main office’s market area, defined as Harris

county and the seven contiguous counties*

07/21/2000

*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) State National Bancshares, Inc., Lubbock, TX, to acquire

Ruidoso Bank Corporation, Inc., Ruidoso, NM, and

Ruidoso State Bank, Ruidoso, TX*

(previously reported the week ending July 1, 2000)

Fed Reg – 07/31/2000

Newspaper – 07/28/2000

3(a)(3) First West Texas Bancshares, Inc., Midland, TX, to acquire

First Pecos Bancshares, Inc., Midland, TX,

First National Bank, Pecos, TX,

First National Bank, Alpine, TX, and

First National Bank, Fort Stockton, TX*

(previously reported the week ending July 1, 2000)

Fed Reg – 07/28/2000

Newspaper – 07/22/2000

*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

3(a)(1) Fort Davis Bancshares, Inc., Fort Davis, TX, to acquire

FDB-Nevada, Inc., Carson City, NV, and

Fort Davis State Bank, Fort Davis, TX*

3(a)(1) FDB-Nevada, Inc., Carson City, NV, to acquire

Fort Davis State Bank, Fort Davis, TX*

*Subject to the provisions of the Community Reinvestment 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 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, July 8, 2000

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)(5) Heritage Commerce Corp., San Jose, California, to merge with

Western Holdings Bancorp, and thereby acquire Bank of Los

Altos, both of Los Altos, California. *

Newspaper - 08/04/2000

Fed Reg - 08/07/2000

* 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