Federal Reserve Release

H.2

Actions of the Board, Its Staff,

and the Federal Reserve Banks; 

Applications and Reports Received

No. 3 

Week Ending January 19, 2008

Board of Governors of the Federal Reserve System, Washington, DC 20551
Testimony And Statements

Economic Outlook -- statement by Chairman Bernanke before the Committee on the 

Budget, U.S. House of Representatives, January 17, 2008.

- Published, January 17, 2008

H.2 Board Actions January 13, 2008 to January 19, 2008

(A/C) = Addition or Correction Board - Page 1 of 1
H.2 Actions under delegated authority

BS&R

C&CA

FOMC

Banking Supervision and Regulation

Consumer and Comminity Affairs

Federal Open Market Committee

RBOPS Reserve Bank Operational and Payment System

IF International Finance

OSDM Office of Staff Director for Management

January 13, 2008 to January 19, 2008

Bank Branches, Domestic

The Cortland Savings and Banking Company, Cortland, Ohio -- to establish a branch 

at 15561 West High Street, Middlefield.

Cleveland

- Approved, January 17, 2008

Northbrook Bank & Trust Company, Northbrook, Illinois -- to establish a branch at 

660 Deerfield Road, Deerfield.

Chicago

- Approved, January 18, 2008

Old Line Bank, Bowie, Maryland -- to establish a branch at 12100 Annapolis Road, 

Glenn Dale.

Richmond

- Approved, January 15, 2008

Bank Holding Companies

BancMidwest Corporation, St. Paul, Minnesota -- waiver of application to acquire 

First Bank and Trust, Menomonie, Wisconsin, in connection with its merger into 

Mainstreet Bank, Forest Lake, Minnesota.

Minneapolis

- Granted, January 17, 2008

Central Financial Corporation, Hutchinson, Kansas -- to retain its ownership of 

Valley Capital Bank, N.A., Mesa, Arizona.

Kansas City

- Approved, January 17, 2008

(A/C) = Addition or Correction Delegated - 1 of 6
Bank Holding Companies

Commerce Financial Corporation, Corpus Christi, Texas -- to become a bank holding 

company and to acquire Security State Bancshares, Inc., Stockdale, and thereby 

indirectly acquire Security State Bank.

Dallas

- Withdrawn, January 17, 2008

Farmers and Merchants Bankshares, Inc., Stuttgart, Arkansas -- to acquire Perry 

County Bancshares, Inc., Perryville, and thereby indirectly acquire Chart Bank.

St. Louis

- Approved, January 18, 2008

First Banks, Inc., St. Louis, Missouri -- to acquire additional shares of Community 

West Bancshares, Goleta, California, and thereby indirectly acquire Community 

West Bank, National Association.

St. Louis

- Approved, January 17, 2008

First Priority Financial Corp., Malvern, Pennsylvania -- waiver of application to 

acquire Prestige Community Bank, Newtown, in connection with the merger of 

Prestige Community Bank and First Priority Bank, Malvern.

Philadelphia

- Granted, January 14, 2008

First State Bancshares, Inc., Ida Grove, Iowa -- waiver of application to acquire 

Odebolt State Bank, Odebolt, in connection with the merger of Odebolt State Bank 

and First State Bank, Ida Grove, a subsidiary of First State Bancshares, Inc.

Chicago

- Granted, January 18, 2008

H.2 Actions under delegated authority January 13, 2008 to January 19, 2008

(A/C) = Addition or Correction Delegated - 2 of 6
Bank Holding Companies

Floridian Financial Group, Inc., Daytona Beach, Florida -- to acquire Orange Bank of 

Florida, Orlando.

Atlanta

- Approved, January 14, 2008

Greater Pacific Bancshares, Whittier, California -- waiver of application to acquire 

The First National Bank of Santo, Santo, Texas, in connection with its merger with 

Greater Pacific's subsidiary, Bank of Whittier, N.A.

San Francisco

- Withdrawn, January 16, 2008

Independent Bancshares, Inc. Employee Stock Ownership Plan, Red Bay, Alabama -- 

to acquire shares of Independent Bancshares, Inc., and its subsidiaries, Community 

Spirit Bank, Spirit Bancshares, Inc., Belmont, Mississippi, and Spirit Bank.

Atlanta

- Approved, January 18, 2008

Lakeside Bank Holding Company, New Town, North Dakota -- waiver of application 

to merge with Peoples Bankshares, Inc., Parshall, in connection with the merger of 

Lakeside State Bank, New Town, and Peoples Bank and Trust, Parshall.

Minneapolis

- Granted, January 17, 2008

Metropolitan BancGroup, Inc., Ridgeland, Mississippi -- to become a bank holding 

company and to acquire BancSouth Financial Corporation, Crystal Springs, and its 

subsidiary, Bank of the South.

Atlanta

- Approved, January 18, 2008

H.2 Actions under delegated authority January 13, 2008 to January 19, 2008

(A/C) = Addition or Correction Delegated - 3 of 6
Bank Holding Companies

National Bank & Trust Employee Stock Ownership Plan, La Grange, Texas -- to 

become a bank holding company and to acquire additional shares of First La Grange 

Bancshares, Inc., and thereby indirectly acquire National Bank & Trust.

Dallas

- Returned, January 18, 2008

Palomar Enterprises, LLC, Long Beach, California -- to become a bank holding 

company and to retain control of Farmers & Merchants Bank of Long Beach.

San Francisco

- Approved, January 17, 2008

Peninsula Bank Holding Co., Palo Alto, California -- to become a bank holding 

company and to acquire The Private Bank of the Peninsula.

San Francisco

- Approved, January 18, 2008

Bank Mergers

Nara Bank, Los Angeles, California -- to purchase the assets and assume the 

liabilities of the Brick, New Jersey, branch of The Provident Bank, Jersey City.

San Francisco

- Approved, January 16, 2008

Banks, Foreign

eBANK Corporation, Tokyo, Japan -- to establish a representative office in San 

Francisco, California.

Director, BS&R

- Approved, January 16, 2008

H.2 Actions under delegated authority January 13, 2008 to January 19, 2008

(A/C) = Addition or Correction Delegated - 4 of 6
Banks, Nonmember, And Miscellaneous Institutions

First Bank & Trust Company, Duncan, Oklahoma -- waiver of application to acquire 

shares of Waurika National Bank, Waurika.

Kansas City

- Withdrawn, January 17, 2008

FirstBank of Puerto Rico, San Juan, Puerto Rico -- waiver of application in 

connection with the acquisition and merger with Virgin Islands Community Bank, 

Christiansted, Virgin Islands.

New York

- Granted, January 18, 2008

Change In Bank Control

Jones National Corporation, Seward, Nebraska -- change in bank control of Jones 

National Corporation and its subsidiary, The Jones National Bank & Trust Company 

of Seward.

Kansas City

- Permitted, January 15, 2008

Extensions Of Time

CNB Bancorp, Inc., Mobile, Alabama -- extension to April 26, 2008, to become a 

bank holding company and to acquire Commonwealth National Bank.

Atlanta

- Granted, January 17, 2008

H.2 Actions under delegated authority January 13, 2008 to January 19, 2008

(A/C) = Addition or Correction Delegated - 5 of 6
Extensions Of Time

First Bancorp, Troy, North Carolina -- extension to April 15, 2008, to acquire Great 

Pee Dee Bancorp, Inc., Cheraw, South Carolina, and thereby indirectly acquire 

Sentry Bank & Trust.

Richmond

- Granted, January 14, 2008

JPMorgan Chase & Co., New York, New York -- extension to April 18, 2008, to 

acquire JPMorgan Chase Bank, National Association , San Francisco, California.

New York

- Granted, January 16, 2008

M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin -- extension to April 27, 2008, 

to establish a branch at 1160 South Watson Road, Buckeye, Arizona.

Chicago

- Granted, January 18, 2008

M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin -- extension to April 12, 2008, 

to establish a branch at 9600 Colorado Lane North, Brooklyn Park, Minnesota.

Chicago

- Granted, January 18, 2008

Resource Bank, Virginia Beach, Virginia -- extension to April 19, 2008, to establish 

a branch at 9012 Church Street, Manassas.

Richmond

- Granted, January 18, 2008

H.2 Actions under delegated authority January 13, 2008 to January 19, 2008

(A/C) = Addition or Correction Delegated - 6 of 6
District: 1

Federal Reserve Bank of Boston

Filings received during the week ending January 19, 2008

Filer Filing Type Filing Proposal End of Comment Period

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 1

Federal Reserve Bank of Boston

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 2

Federal Reserve Bank of New York

Filings received during the week ending January 19, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

Chemung Canal Trust Company, Elmira, New 

York, to purchase loans and other assets, and 

assume the deposit liabilities of three branches 

of Manufacturers and Traders Trust Company, 

Buffalo, New York, pursuant to Section 18(c) of 

the Federal Deposit Insurance Act and to 

establish branches pursuant to Section 9 of the 

Federal Reserve Act.

CHEMUNG CANAL TRUST 

COMPANY

Newspaper:

Federal Register:

* Branch

Not applicable

Orange County Trust Company, Middletown, 02/01/2008

New York, to establish a branch facility to be 

located at 91 Brookside Avenue, Middletown, 

New York.

ORANGE COUNTY TRUST 

COMPANY

* Subject to the provisions of the Community Reinvestment Act
District: 2

Federal Reserve Bank of New York

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 3

Federal Reserve Bank of Philadelphia

Filings received during the week ending January 19, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch Not available

Not applicable

American Bank, Allentown, PA proposes to 

establish a branch office located at 4261 

Freemansburg Avenu, Bethlehem Township, 

Northampton County, PA, pursuant to Section 9 

of the FRA

AMERICAN BANK

* Subject to the provisions of the Community Reinvestment Act
District: 3

Federal Reserve Bank of Philadelphia

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 4

Federal Reserve Bank of Cleveland

Filings received during the week ending January 19, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC 01/25/2008

01/09/2008

Notice of Change in Bank Control,Robert Duane 

Hord (and Hord control group) to acquire in 

excess of 10 percent of the outstanding shares 

of FC Banc Corp., Bucyrus, Ohio

FC BANC CORP

Newspaper:

Federal Register:

* 3A5 01/12/2008

01/04/2008

Milton Bancorp, Inc., Wellston, Ohio, to acquire 

100 percent of Community First Financial 

Bancorp, Inc., New Holland, Ohio, and thereby 

acquire The First National Bank of New Holland, 

New Holland, Ohio

MILTON BANCORP, INC.

* Subject to the provisions of the Community Reinvestment Act
District: 4

Federal Reserve Bank of Cleveland

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 5

Federal Reserve Bank of Richmond

Filings received during the week ending January 19, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 4c8 12/31/2007

02/08/2008

BB&T Corporation, Winston-Salem, North 

Carolina, to acquire 100% of the voting 

securities of BB&T Financial, FSB, Columbus, 

Georgia.

BB&T CORPORATION

Newspaper:

Federal Register:

* 3A1

Not available

Community Bankers Acquisition Corp., Great 02/12/2008

Falls, Virginia (to be renamed Community 

Bankers Trust Corporation), to become a bank 

holding company through the acquisition of 

100% of the outstanding common stock of 

TransCommunity Financial Corporation, Glen 

Allen, Virginia, and thereby indirectly acquire 

TransCommunity Bank, National Association, 

Manakin-Sabot, Virginia.

Community Bankers Acquisition 

Corp.

Newspaper:

Federal Register:

* Branch

Not applicable

First Virginia Community Bank, Fairfax, Virginia, 01/23/2008

to establish a branch at 7900 Sudley Road, 

Manassas, Virginia.

FIRST VIRGINIA COMMUNITY 

BANK

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

Four Oaks Bank & Trust Company, Four Oaks, 

North Carolina, to merge with LongLeaf 

Community Bank, Rockingham, North Carolina.

FOUR OAKS BANK & TRUST 

COMPANY

* Subject to the provisions of the Community Reinvestment Act
District: 5

Federal Reserve Bank of Richmond

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 6

Federal Reserve Bank of Atlanta

Filings received during the week ending January 19, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

FBSEA Not available

Not applicable

Caixa de Aforros de Vigo, Ourense e 

Pontevedra, Vigo, Spain, to establish 

international bank branches in New York, New 

York, Chicago, Illinois, Los Angeles, California, 

and Houston, Texas.

CAIXA DE AFORROS DE VIGO, 

OURENSE E PONTEVEDRA

Newspaper:

Federal Register:

CIC 01/10/2008

01/23/2008

Prior change in control notice filed by C. Steven 

Lewis, New Tazewell, Tennessee, to acquire an 

additional 13.05 percent of the outstanding 

shares of Citizens Bancorp, Inc., and its 

subsidiary, Citizens Bank, both of New 

Tazewell, Tennessee. Pro forma ownership will 

equal 28.45 percent.

CITIZENS BANCORP, INC.

Newspaper:

Federal Register:

* 3A1 Not available

Not available

Greensburg Bancshares, Inc., to become a bank 

holding company by acquiring 100 percent of 

the outstanding shares of Bank of Greensburg, 

both of Greensburg, Louisiana.

Greensburg Bancshares, Inc.

Newspaper:

Federal Register:

* Branch

Not applicable

Sterling Bank, Lantana, Florida, to establish a 11/02/2007

branch located at 2465 Wilton Manors Drive, 

Wilton Manors, Florida.

STERLING BANK

Newspaper:

Federal Register:

* 3A5 01/13/2008

01/15/2008

SunTrust Banks, Inc., Atlanta, Georgia, to merge 

with GB&T Bancshares, Inc., Gainesville, 

Georgia, and thereby acquire its subsidiaries, 

Gainesville Bank & Trust, Gainesville, Georgia; 

Mountain State Bank, Dawsonville, Georgia; 

First National Bank of Gwinnett, Duluth, 

Georgia; First National Bank of the South, 

Milledgeville, Georgia; Home Town Bank of 

Villa Rica, Villa Rica, Georgia; Community Trust 

Bank, Hiram, Georgia; and United Bank & Trust 

Company, Rockmart, Georgia.

SUNTRUST BANKS, INC.

* Subject to the provisions of the Community Reinvestment Act
District: 6

Federal Reserve Bank of Atlanta

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 7

Federal Reserve Bank of Chicago

Filings received during the week ending January 19, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 01/14/2008

01/07/2008

Capitol Bancorp, Ltd., Lansing, Michigan and 

Capitol Development Bancorp Limited VII, 

Lansing, Michigan, to acquire 51 percent of the 

voting shares of Colonia Bank (in organization), 

Phoenix, Arizona.

CAPITOL BANCORP LTD.

Newspaper:

Federal Register:

* 3A3 Not available

01/07/2008

Capitol Bancorp, Ltd., Lansing, Michigan and 

Capitol Development Bancorp Limited VII, 

Lansing, Michigan, to acquire 51 percent of the 

voting shares of Reidsville Community Bank (in 

organization), Reidsville, North Carolina.

CAPITOL BANCORP LTD.

Newspaper:

Federal Register:

* 3A3 Not available

01/07/2008

Capitol Bancorp, Ltd., Lansing, Michigan and 

Capitol Development Bancorp Limited VII, 

Lansing, Michigan, to acquire 51 percent of the 

voting shares of Pisgah Community Bank (in 

organization), Asheville, North Carolina.

CAPITOL BANCORP LTD.

Newspaper:

Federal Register:

* 3A3 Not available

* 3A1 01/18/2008

Capitol Bancorp Ltd., Lansing, Michigan and 

Capitol Development Bancorp Limited VII, 

Lansing, Michigan, to acquire 51 percent of the 

voting shares of Mountain View Bank of 

Commerce (in organization), Westminster, 

Colorado, and by Capitol Bancorp Colorado Ltd. 

III, Lansing, Michigan, to become a bank 

holding company by acquiring 51 percent of the 

voting shares of Mountain View Bank of 

Commerce (in organization), Westminster, 

Colorado.

CAPITOL BANCORP LTD.

Newspaper:

Federal Register:

CIC 02/01/2008

01/23/2008

Notice by Patricia L. Pierce, Menasha, 

Wisconsin and Oliver P. Smith, Menasha, 

Wisconsin, to retain control of First Menasha 

Bancshares, Inc., Neenah, Wisconsin, and 

thereby indirectly retain control of First National 

Bank-Fox Valley, Neenah, Wisconsin.

FIRST MENASHA 

BANCSHARES, INC.

Newspaper:

Federal Register:

* 3A3 Not available

02/11/2008

Heartland Financial USA, Inc., Dubuque, Iowa, 

to acquire at least 80 percent of Minnesota Bank 

& Trust (in organization), Edina, Minnesota.

HEARTLAND FINANCIAL USA, 

INC.

Newspaper:

Federal Register:

* 3A3 Not available

02/06/2008

Luana Bancorporation, Luana, Iowa, to acquire 

100 percent of First State Bank Iowa, New 

Hampton, Iowa.

LUANA BANCORPORATION

Newspaper:

Federal Register:

* Branch

Not applicable

Northbrook Bank & Trust Company, 01/10/2008

Northbrook, Illinois, to establish a branch 

facility to be located at 660 Deerfield Road, 

Deerfield, Illinois.

NORTHBROOK BANK & TRUST 

COMPANY

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

Rolling Hills Bank & Trust, Atlantic, Iowa, to 

merge with Meta Bank West Central 

("MBWC"), Stuart, Iowa, and thereby to 

establish branch offices at 615 South Division 

Street, Stuart, Iowa; 501 Sherman, Menlo, Iowa, 

and 101 East Logan, Casey, Iowa.

ROLLING HILLS BANK & TRUST

* Subject to the provisions of the Community Reinvestment Act
District: 7

Federal Reserve Bank of Chicago

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 8

Federal Reserve Bank of St. Louis

Filings received during the week ending January 19, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

4c8 Not applicable

02/06/2008

Evolve Financial Group, Inc., Cordova, 

Tennessee, to acquire 100 percent of AFS 

Investment Advisors, Inc., Austin, Texas, and 

thereby engage in investment advisory 

activities.

EVOLVE FINANCIAL GROUP, 

INC.

Newspaper:

Federal Register:

* 4c8 02/16/2008

02/15/2008

Hancock Bancorp, Inc., Hawesville, Kentucky, 

to acquire 100 percent of Community First 

Bancorp, Inc., Madisonville, Kentucky, and 

thereby indirectly acquire Community First 

Bank, Madisonville, Kentucky, and engage in 

operating a savings association.

HANCOCK BANCORP, INC.

Newspaper:

Federal Register:

* Branch

Not applicable

Providence Bank, Elsberry, Missouri, to 01/31/2008

establish a branch facility to be located at 301 

Broadway, Elsberry, Missouri, and to relocate 

the main office to 2415 Carter Lane, Suite 102, 

Columbia, Missouri.

PROVIDENCE BANK

* Subject to the provisions of the Community Reinvestment Act
District: 8

Federal Reserve Bank of St. Louis

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 9

Federal Reserve Bank of Minneapolis

Filings received during the week ending January 19, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A5 Not available

02/11/2008

BancMidwest Corporation, Saint Paul, 

Minnesota, to acquire 100 percent of Hiawatha 

Bancshares, Inc., Hager City, Wisconsin, and 

thereby indirectly acquire Hiawatha National 

Bank, Hager City, Wisconsin.

BANCMIDWEST 

CORPORATION

Newspaper:

Federal Register:

* 3A3 01/30/2008

01/28/2008

Frandsen Financial Corporation, Arden Hills, 

Minnesota, to acquire 100% of The First 

National Bank of Montgomery, Montgomery, 

Minnesota.

FRANDSEN FINANCIAL 

CORPORATION

Newspaper:

Federal Register:

* 3A1 Not available

02/01/2008

United Citizens 401(K) Savings Plan, Osseo, 

Wisconsin, to become a bank holding company 

by acquiring up to 56 percent of the Class A 

common stock of United Bancorporation, 

Osseo, Wisconsin, and thereby indirectly 

acquire United Bank, Osseo, Wisconsin; 

Cambridge State Bank, Cambridge, Wisconsin; 

Lincoln Community Bank, Merrill, Wisconsin; 

Bank of Poynette, Poynette, Wisconsin; Clark 

County State Bank, Osceola, Iowa; Farmers 

State Bank, Stickney, South Dakota; and 

Farmers & Merchants State Bank, Iroquois, 

South Dakota.

UNITED CITIZENS 401(K) 

SAVINGS PLAN

* Subject to the provisions of the Community Reinvestment Act
District: 9

Federal Reserve Bank of Minneapolis

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 10

Federal Reserve Bank of Kansas City

Filings received during the week ending January 19, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 02/10/2008

02/15/2008

Community State Bankshares, Inc. to become a 

bank holding company through the acquisition 

of 100 percent of the voting shares of 

Community State Bank (in organization), both in 

Lamar, Colorado.

COMMUNITY STATE 

BANKSHARES, INC.

Newspaper:

Federal Register:

* 3A1 Not available

02/19/2008

HOTC, Inc. to become a bank holding company 

through the acquisition of 100 percent of the 

voting shares of Wray State Bank, both in 

Wray, Colorado.

HOTC, INC.

Newspaper:

Federal Register:

CIC 02/01/2008

01/22/2008

Notice by Terri Farley, Kansas City, Missouri, 

and David B. Sexton, Parkville, Missouri, as 

co-trustees of the James W. Farley, Jr. Credit 

Shelter Trust, to acquire control of KLT 

Bancshares, Inc., Farley, Missouri, parent of 

Farley State Bank, Parkville, Missouri, through 

the acquisition of voting shares.

KLT BANCSHARES, INC.

Newspaper:

Federal Register:

CIC 01/09/2008

01/22/2008

Notice by Jeffrey C. Royal, Omaha, Nebraska, to 

acquire control of Mackey Banco, Inc., parent of 

Security State Bank, both in Ansley, Nebraska, 

through the acquisition of voting shares.

MACKEY BANCO, INC.

Newspaper:

Federal Register:

CIC Not available

01/22/2008

Notice by John E. Eisemann, IV, Trinidad, 

Colorado, to retain control of Republic Trinidad 

Corporation, Houston, Texas, parent of First 

National Bank in Trinidad, Trinidad, Colorado, 

through the acquisition of voting shares.

REPUBLIC TRINIDAD 

CORPORATION

Newspaper:

Federal Register:

CIC Not available

01/09/2008

Notification by Russell H. Loewenstein, 

Orleans, Nebraska, individually and as a member 

of the Loewenstein group; and Karl Randecker, 

Jr., Cozad, Nebraska, individually and as a 

member of the Randecker group; to acquire 

control of Stamford Banco, Inc., Stamford, 

Nebraska, parent of Community Bank, Alma, 

Nebraska. Notice by Stamford Banco, Inc., 

Stamford, Nebraska, to redeem 25 percent of its 

outstanding common stock.

STAMFORD BANCO, INC.

* Subject to the provisions of the Community Reinvestment Act
District: 10

Federal Reserve Bank of Kansas City

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 11

Federal Reserve Bank of Dallas

Filings received during the week ending January 19, 2008

Filer Filing Type Filing Proposal End of Comment Period

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 11

Federal Reserve Bank of Dallas

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act
District: 12

Federal Reserve Bank of San Francisco

Filings received during the week ending January 19, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

1st Pacific Bank of California, San Diego, 01/22/2008

California, to establish a branch facility at 525 B 

Street, Suite 1500, San Diego, California.

1ST PACIFIC BANK OF 

CALIFORNIA

Newspaper:

Federal Register:

* Branch

Not applicable

Hanmi Bank, Los Angeles, California, to 01/31/2008

establish branch facilities at 22438 Golden 

Springs Drive, Diamond Bar, California; and 

10180 Reseda Boulevard, Northridge, California.

HANMI BANK

Newspaper:

Federal Register:

4c8 Not applicable

02/01/2008

NHB Holdings, Inc., and Proficio Mortgage 

Ventures, LLC, both of Jacksonville, Florida, to 

engage de novo in a joint venture with 

TheMIGroup Mortgage Resources, Whippany, 

New Jersey, in conducting mortgage banking 

activities, pursuant to section 4(c)(8) of the 

Bank Holding Company Act and section 

225.28(b)(1) of Regulation Y.

NHB HOLDINGS, INC.

Newspaper:

Federal Register:

CIC 01/19/2008

01/17/2008

Notice by Patricia Childress, Visalia, California, 

and Carol Bates, Porterville, California, to 

increase their holdings to 11.29 percent of Sierra 

Bancorp and thereby indirectly control its 

subsidiary, Bank of the Sierra, both of Poterville, 

California.

SIERRA BANCORP

Newspaper:

Federal Register:

* 3A1 Not available

02/01/2008

Western Capital Corporation, Boise, Idaho, to 

become a bank holding company by acquiring 

100 percent of Western Capital Bank (In 

Organization), Boise, Idaho; and GWY, LLC, 

Bellevue, Washington, to become a bank 

holding company by indirectly acquiring, at 

least 64 percent of Western Capital Bank (In 

Organization), Boise, Idaho.

WESTERN CAPITAL 

CORPORATION

* Subject to the provisions of the Community Reinvestment Act
District: 12

Federal Reserve Bank of San Francisco

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.

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act