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 24, 2004

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions July 18, 2004 to July 24, 2004

Bank Holding Companies

Barclays Bank PLC, London, England -- to engage in limited physical commodity trading 

activities complementary to the financial activity of engaging as principal in commodity 

derivatives.

- Approved, July 21, 2004 

North Fork Bancorporation, Inc., Melville, New York -- to acquire GreenPoint Financial 

Corp., New York, and its subsidiary, GreenPoint Bank; and to acquire a nonbanking 

subsidiary of GreenPoint Financial Corp. and thereby engage in permissible community 

development activities.

- Approved, July 19, 2004 

Board Operations

Division of Research and Statistics -- appointment of Douglas Elmendorf as Assistant 

Director and Chief, Macroeconomic Analysis Section; Diana Hancock as Assistant 

Director and Chief, Monetary and Financial Studies Section; and Dan Sichel as Assistant 

Director with oversight responsibility for the Fiscal Analysis Section; promotion of J. 

Nellie Liang to Assistant Director, Capital Markets Section; Wayne Passmore to 

Assistant Director, Household and Real Estate Finance Section; and David Reifschneider 

and William Wascher to Deputy Associate Director.

- Approved, July 19, 2004 

Forms

Forms -- final Board review to extend without revision the Request for Extension of Time 

to Dispose of Assets Acquired in Satisfaction of Debts Previously Contracted (FR 4006) 

and Report of Selected Balance Sheet Items for Discount Window Borrowers (FR 2046).

- Approved, July 21, 2004 

Regulations And Policies

Regulation CC (Availability of Funds and Collection of Checks) -- amendments to 

implement the Check 21 Act (Docket No. R-1176).

- Approved, July 22, 2004 

(AC) = Addition or Correction Board - Page 1 of 1
July 18, 2004 to July 24, 2004

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 Adirondack Trust Company, Saratoga Springs, New York -- to establish a branch 

at 100 Saratoga Boulevard.

- Approved, July 22, 2004 

New York

Allied Bank, Mulberry, Arkansas -- to establish a branch at 115 Highway 71 North, 

Alma.

- Approved, July 20, 2004 

St. Louis

AmSouth Bank, Birmingham, Alabama -- to establish branches at 2198 A1A South, St. 

Augustine Beach, Florida, 10349 Narcoossee Road, Orlando, and 601 East Emory 

Road, Knoxville, Tennessee.

- Approved, July 21, 2004 

Atlanta

The Brand Banking Company, Lawrenceville, Georgia -- to establish a mobile branch to 

serve the Gwinnett County area.

- Approved, July 21, 2004 

Atlanta

North Shore Community Bank & Trust, Wilmette, Illinois -- to establish a branch at 4343 

West Peterson Avenue, Chicago.

- Approved, July 20, 2004 

Chicago

RBC Centura Bank, Rocky Mount, North Carolina -- to establish a branch at 5320 

Flynn Crossing Drive, Alpharetta, Georgia.

- Approved, July 19, 2004 

Richmond

(AC) = Addition or Correction Delegated - Page 1 of 6
H.2 Actions under delegated authority July 18, 2004 to July 24, 2004

Bank Branches, Domestic

Regions Bank, Birmingham, Alabama -- to establish a branch at the northeast corner of 

Carroll Road and Highway 114, Southlake, Texas.

- Approved, July 22, 2004 

Atlanta

SouthTrust Bank, Birmingham, Alabama -- to establish branches at 1155 Chastain Road, 

Northwest, Kennesaw, Georgia; 3065 Lawrenceville Highway, Lawrenceville; and 3072 

Old Norcross Road, Duluth.

- Approved, July 22, 2004 

Atlanta

Town & Country Bank of Springfield, Springfield, Illinois -- to establish a branch at 2601 

North Dirksen Parkway.

- Approved, July 22, 2004 

Chicago

Union Bank and Trust Company, Bowling Green, Virginia -- to establish a branch at 

6479 Mechanicsville Turnpike, Mechanicsville.

- Approved, July 19, 2004 

Richmond

Valley Independent Bank, El Centro, California -- to establish a branch at 3400 Inland 

Empire Boulevard, Ontario.

- Approved, July 21, 2004 

San Francisco

Bank Holding Companies

Coastal South Bancshares, Inc., Hilton Head Island, South Carolina -- to become a bank 

holding company and to acquire CoastalStates Bank.

- Approved, July 23, 2004 

Richmond

F.N.B. Corporation, Hermitage, Pennsylvania -- to acquire Slippery Rock Financial 

Corporation, Slippery Rock, and its subsidiary, First National Bank of Slippery Rock.

- Returned, July 22, 2004 

Cleveland

(AC) = Addition or Correction Delegated - Page 2 of 6
H.2 Actions under delegated authority July 18, 2004 to July 24, 2004

Bank Holding Companies

PCNB Bancshares, Inc., Bremen, Georgia -- to become a bank holding company and to 

acquire Peoples Community National Bank.

- Approved, July 19, 2004 

Atlanta

Southwest Bancorporation of Texas, Inc., Houston, Texas, and Southwest Holdings 

Delaware, Inc., Wilmington, Delaware -- to acquire Klein Bancshares, Inc., Houston, 

and indirectly acquire Klein Bancshares of Delaware, Inc., Wilmington, and Klein Bank, 

Klein, Texas.

- Approved, July 21, 2004 

Dallas

Sun Financial Corporation, St. Peters, Missouri -- to acquire shares of Citizens Home 

Bank, Greenfield.

- Approved, July 21, 2004 

St. Louis

SunTrust Banks, Inc., Atlanta, Georgia, and SunTrust Bank Holding Company, Orlando, 

Florida -- commenter's request to extend the comment period on the application to 

acquire National Commerce Financial Corporation, Memphis, Tennessee.

- Denied, July 22, 2004 

Secretary

Bank Mergers

Whitaker Bank, Lexington, Kentucky -- to merge with Mount Sterling Bank, Inc., Mount 

Sterling, and Morehead Bank, Inc., Morehead.

- Approved, July 21, 2004 

Cleveland

Change In Bank Control

Wellington Bancorp, Inc., Springfield, Illinois -- change in bank control.

- Permitted, July 22, 2004 

Chicago

(AC) = Addition or Correction Delegated - Page 3 of 6
H.2 Actions under delegated authority July 18, 2004 to July 24, 2004

Competitive Factors Reports

Bank of Wausau, Wausau, Wisconsin -- report on competitive factors of the proposed 

merger with New Bank of Wausau.

- Submitted, July 19, 2004 

Chicago

BankTrust of Florida, Wewahitchka, Florida -- report on competitive factors of the 

proposed merger with Vision Bank, FSB, Panama City.

- Submitted, July 21, 2004 

Atlanta

Colonial Bank, National Association, Montgomery, Alabama -- report on competitive 

factors of the proposed merger with Premier Service Corporation, Clearwater, Florida, in 

connection with a corporate reorganization.

- Submitted, July 21, 2004 

Atlanta

Community National Bank, Escondido, California -- report on competitive factors of the 

proposed merger with Cuyamaca Bank, N.A., Santee.

- Submitted, July 19, 2004 

San Francisco

First Federal Savings & Loan Association of Lake Charles, Lake Charles, Louisiana -- 

report on competitive factors of the proposed merger with First Federal Savings & Loan 

Association of Allen Parish, Oakdale.

- Submitted, July 19, 2004 

Atlanta

Kaiser Federal Bank, Pasadena, California -- report on competitive factors of the 

proposed purchase of the Panorama City branch of Pan American Bank, FSB, 

Burlingame.

- Submitted, July 19, 2004 

San Francisco

MFB Financial, Mishawaka, Indiana -- report on competitive factors of the proposed 

purchase of certain assets and assumption of liabilities of Sobieski Bank, South Bend.

- Submitted, July 19, 2004 

Chicago

(AC) = Addition or Correction Delegated - Page 4 of 6
H.2 Actions under delegated authority July 18, 2004 to July 24, 2004

Competitive Factors Reports

North Fork Bank, Mattituck, New York -- report on competitive factors of the 

proposed merger with GreenPoint Bank, New York.

- Submitted, July 20, 2004 

New York

Premier Bank, Rock Valley, Iowa -- report on competitive factors of the proposed 

merger with State Bank of Hudson, Hudson, South Dakota.

- Submitted, July 23, 2004 

Minneapolis

Premier Bank, Tallahassee, Florida -- report on competitive factors of the proposed 

merger with Premier Interim Company.

- Submitted, July 21, 2004 

Atlanta

The Rawlins National Bank, Rawlins, Wyoming -- report on competitive factors of the 

proposed purchase of certain assets and assumption of certain liabilities of Community 

Banks of Southern Colorado, Rocky Ford, Colorado.

- Submitted, July 22, 2004 

Kansas City

Extensions Of Time

Community Bank of Tri-County, Waldorf, Maryland -- extension to August 26, 2005, to 

establish a branch at 200 Market Square Drive, Prince Frederick.

- Granted, July 23, 2004 

Richmond

CSBC Financial Corporation, Cropsey, Illinois -- extension to November 6, 2004, to 

become a bank holding company and to acquire Citizens State Bank of Cropsey.

- Granted, July 22, 2004 

Chicago

(AC) = Addition or Correction Delegated - Page 5 of 6
H.2 Actions under delegated authority July 18, 2004 to July 24, 2004

Extensions Of Time

The Farmers State Bank of Fort Morgan Colorado Employee Stock Ownership Plan, 

Fort Morgan, Colorado -- extension to November 18, 2004, to acquire shares of FSB 

Bancorporation, Inc., parent of Farmers State Bank.

- Granted, July 23, 2004 

Kansas City

Membership

The First National Bank of Calumet, Calumet, Oklahoma -- to retain membership in the 

Federal Reserve System on conversion from a national to a state charter.

- Approved, July 23, 2004 

Kansas City

(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 24, 2004

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

4(c)(8) Boston Private Financial Holdings, Inc., Boston, Massachusetts -

to acquire an additional 10% interest in Bingham, Osborn & 

Scarborough LLC, San Francisco, California pursuant to section 

4(j) of the Bank Holding Company Act of 1956, as amended

Newspaper - N/Avail

Fed Reg - N/Avail

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 24, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

FBSEA Banco De Chile, Santiago, Chile, to convert its Miami, Florida 

Agency to a Branch.

Newspaper - N/Avail

FBSEA Banco Del Estado De Chile, Santiago, Chile, to establish a statelicensed branch in New York, New York.Newspaper - 7/30/2004

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

INV Citibank Overseas Investment Corporation, New Castle, 

Delaware, 30 days’ Prior Notice for investment, with respect to 

Citigroup (Jersey) Limited, Jersey, Channel Islands.
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 24, 2004

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 24, 2004

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) First Citizens Banc Corp, Sandusky, Ohio, to acquire 100 

percent of FNB Financial Corporation and its wholly-owned

subsidiary, First National Bank of Shelby, both of Shelby, Ohio.

Newspaper - N/Avail

Fed Reg - N/Avail

*3(a)(1) Morgan Bancorp, Inc., Hudson, Ohio, to become a bank holding 

company by acquiring 100 percent of Morgan Bank, N.A., 

Hudson, Ohio.

Newspaper - N/Avail

Fed Reg - 08/05/2004

*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

2836306 Buckeye Community Bank

105 Sheffield Center

Lorain, Ohio 44055

05/10/2004 07/21/2004 S X

612618 Provident Bank

1 East Fourth Street

Cincinnati, Ohio 45202-3799

03/28/2004 07/21/2004 O X

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 24, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Peoples Community Bank, Montross, Virginia, to establish 

a branch at 10899 Tidewater Trail, Fredericksburg, Virginia.*

Newspaper – 08/06/2004

Branch EagleBank, Bethesda, Maryland, to establish a branch at 1425 K 

Street, NW, Washington, D. C.*

Newspaper – 08/19/2004

*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 Mr. Charles E. Mahan, IV, Fayetteville, West Virginia, to retain 

15.77% of the voting shares of FCNB Bancorp, Inc., 

Fayetteville, West Virginia .*

Fed Reg – 08/11/2004 

Newspaper – 08/15/2004

*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 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, July 24, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

located at 15 Bull Street, Savannah, Georgia.*

Newspaper - 07/29/2004

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

Hill Boulevard, Wellington, Florida, to be known as the 

Wellington Mall Office.*

Newspaper - 07/30/2004

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

South Dixie Highway, Lake Worth, Florida, to be known as the 

Downtown Lake Worth Office.*

Newspaper - 07/30/2004

*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)(3) First National Bankers Bankshares, Inc., Baton Rouge, 

Louisiana, to acquire 100 percent of the outstanding shares of 

Alabama Bankers Bank, Birmingham, Alabama (in 

organization).*

Newspaper - 08/19/2004

Fed Reg - 08/06/2004

CIC Paragon Commercial Corporation, Raleigh, North Carolina,

after-the-fact change in control notice filed by Mr. William B. 

Greene, Jr., Gray, Tennessee, to retain control of 25.92 percent 

of the outstanding common stock of Paragon Commercial

Corporation, and its subsidiary, Paragon Commercial Bank, both 

of Raleigh, North Carolina. Mr. Greene controls 6.95 percent 

individually and 18.97 percent in his capacity as controlling 

shareholder of BancTenn Corp., Kingsport, Tennessee.

Newspaper - 08/02/2004

Fed Reg - 07/28/2004

3(a)(3) Vision Bancshares, Inc., Gulf Shores, Alabama, to acquire 100 

percent of the outstanding shares of BankTrust of Florida, 

Wewahitchka, Florida.*

Newspaper - 08/15/2004

Fed Reg - 08/23/2004

*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

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 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, July 24, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18c & Branches Citizens Bank, Flint, Michigan, to merge with F&M BankWisconsin, Kaukauna, Wisconsin, and thereby to establish 51 

branches.*

Newspaper – N/Avail

Branch Farmers & Merchants Savings Bank, Manchester, Iowa, to 

establish a branch facility to be located at 220 West Main Street, 

Anamosa, Iowa.*

Newspaper – 08/02/2004

18c & Branches Iowa State Bank, Hull, Iowa, to purchase the assets and assume 

the liabilities of the Orange City, Iowa, and Sheldon, Iowa, 

branch offices of First Federal Bank, Sioux City, Iowa, and 

thereby to establish branch offices at 104 1st Street SE, Orange 

City, Iowa, and 1201 Second Avenue, Sheldon, Iowa.*

Newspaper – N/Avail

* 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)(5) Wintrust Financial Corporation, Lake Forest, Illinois, to acquire 

100 percent of the voting shares of Town Bankshares, Ltd., 

Delafield, Wisconsin, and thereby indirectly acquire Town 

Bank, Delafield, Wisconsin.*

Fed Reg – 08/23/2004

Newspaper – 08/09/2004

* 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

4(c)(8) Amtrust, Inc., Dubuque, Iowa, to engage de novo in extending 

credit and servicing loans.

Fed Reg – 08/06/2004

* Subject to the provisions of the Community Reinvestment Act
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

FBSEA ABN AMRO Bank N.V., Amsterdam, The Netherlands, to 

establish a temporary branch office to be located at ABN 

AMRO Plaza, 540 West Madison, Chicago, Illinois, pursuant to 

Section 211.24(a)(5) of Reg. K.

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

264941 Bank of Elmwood

2704 Lathrop Avenue

Racine, Wisconsin 53408

(262) 554-5321

01/20/2004 07/14/2004 O X

2636083 Paramount Bank

31000 Northwestern Highway

Farmington Hills, Michigan 48334

(248) 538-8600

12/09/2002 07/13/2004 S 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 24, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Heber Springs State Bank, Heber Springs, Arkansas, to establish 

a branch facility to be located at the northeast corner of Highway 

5 and Highway 36, Rose Bud, Arkansas.*

Newspaper – 08/03/2004

* 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 Century Bancshares, Inc., Gainesville, Missouri ("Century"), to 

acquire additional shares, and thereby retain approximately 24 

percent ownership, of Ozarks Heritage Financial Group, Inc., 

Gainesville, Missouri ("Ozarks") and thereby indirectly retain 

ownership of Legacy Bank & Trust Company, Plato, Missouri. 

Concurrently with this transaction, Century and Ozarks propose 

to acquire 100 percent of The Citizens Bank of Sparta, Sparta, 

Missouri. (Previously reported during the week ended July 17, 

2004.)*

Newspaper - 08/06/2004

Fed Reg – 08/16/2004

3A3 German American Bancorp, Jasper, Indiana, to acquire 9.9 

percent of American Community Bancorp, Inc., Evansville, 

Indiana, and thereby indirectly acquire Bank of Evansville, 

N.A., Evansville, Indiana. (Previously reported during the week 

ended July 10, 2004.)*

Newspaper – 08/08/2004

Fed Reg – 08/06/2004

3A3 Liberty Bancshares, Inc., Jonesboro, Arkansas, to acquire 26.34 

percent of Russellville Bancshares, Inc., Jonesboro, Arkansas, 

and thereby indirectly acquire First Arkansas Valley Bank, 

Russellville, Arkansas. (Previously reported during the week 

ended July 17, 2004.)*

Newspaper – 08/14/2004

Fed Reg – 08/17/2004

3A3 Maries County Bancorp, Inc., Vienna, Missouri ("Bancorp"), to 

acquire additional shares of Branson Bancshares, Inc., Branson, 

Missouri ("Bancshares"), and thereby indirectly acquire Branson 

Bank, Branson, Missouri. The acquisition will result in 

Bancorp's ownership of 9.02 percent of Bancshares stock.*

Newspaper – 08/20/2004

Fed Reg – 08/20/2004

* 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

Premises Farmers Bank & Trust Company, Blytheville, Arkansas, to 

increase its investment in premises in the amount of $2,066,989, 

for pro forma investment in premises of $7.05 million, 

representing 179 percent of capital stock and surplus.

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 24, 2004

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 The Marvin T. Loosbrock Residuary Trust U/A dated April 9, 

1984; the Marvin T. Loosbrock QTIP Trust U/A dated April 9, 

1984 (collectively, the "Trusts"); Lois M. Loosbrock, 

individually and as trustee of the Trusts; Mark L. Loosbrock, 

individually and as trustee of the Trusts; and Gary M. 

Loosbrock, individually and as trustee of the Trusts; a group 

acting in concert, all of Lismore, Minnesota, to gain control of 

Lismore Financial Services, Inc., Lismore, Minnesota, and 

thereby indirectly gain control of the State Bank of Lismore, 

Lismore, Minnesota.*

Fed Reg-08/04/2004

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

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 24, 2004

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) UCSB Financial Corporation, Fort Wayne, Indiana, to become a 

bank holding company through the acquisition of up to 79 

percent of the voting shares of Uinta County State Bank, 

Mountain View, Wyoming.

Newspaper - 08/18/2004

Fed Reg - 08/16/2004

3(a)(1) Midwest Community Financial Corporation, Midwest City, 

Oklahoma, to become a bank holding company through the 

acquisition of up to 100 percent of the voting shares of Canute 

Bancshares, Inc., Clinton, Oklahoma, and thereby indirectly 

acquire First State Bank, Canute, Oklahoma.

Newspaper - N/Avail

Fed Reg - N/Avail

3(a)(1) Eastman Acquisition Holding Company, Ponca City, Oklahoma, 

to become a bank holding company through the acquisition of 

up to 100 percent of the voting shares of Eastman National 

Bancshares, Inc., Newkirk, Oklahoma, and thereby indirectly 

acquire Eastman National Bank of Newkirk, Newkirk, 

Oklahoma.

Newspaper - N/Avail

Fed Reg - N/Avail

3(a)(3) Citizens Bancshares Co., Chillicothe, Missouri, to acquire up to 

12 percent of the voting shares of First Community Bancshares, 

Inc., Overland Park, Kansas, and thereby indirectly acquire First 

Community Bank, Lee's Summit, Missouri.

Newspaper - 08/11/2004

Fed Reg - 08/23/2004

CIC Notification by Jerry Wurtele and Susan Wurtele, Nebraska 

City, Nebraska, to acquire control of Davenport Community 

Bancshares, Inc., parent of Jennings State Bank, both of 

Davenport, Nebraska.

Newspaper - 08/04/2004

Fed Reg - 08/09/2004
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 24, 2004

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 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, July 24, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Farmers and Merchants Bank of Central California, Lodi, 

California, to establish a branch facility to be located at 2401 W. 

Turner Road, Suite 280, Lodi, California.*

Newspaper – 07/30/2004

* 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

4(c)(8) First National Bank Holding Company, Scottsdale, Arizona, to 

acquire 100 percent of First Capital Bank of New Mexico, FSB, 

Albuquerque, New Mexico, and thereby operate a savings 

association.*

Newspaper – N/Avail

Fed Reg – 08/17/2004

* 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

4(c)(8) Mitsubishi Tokyo Financial Group, Inc., Tokyo, Japan and Bank 

of Tokyo Mitsubishi, Ltd., Tokyo, Japan, to acquire 10 percent 

of the common equity interests in The Clearing House Payments 

Company, L.L.C., New York, New York, & thereby engage in 

1) the operation of electronic funds transfer systems 2) the 

operation of check clearing settlement systems 3) data 

processing, pursuant to section 225.28(b)(14) of Regulation Y.

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

181169 Foothill Independent Bank

4550 Mangels Boulevard

Fairfield, California 94585

(707) 863-6805

03/15/2004 07/12/2004 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None