Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 20

Week Ending May 15, 2004

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions May 9, 2004 to May 15, 2004

Testimony And Statements

U.S.-EU Financial Markets Regulatory Dialogue -- statement by Governor Bies before 

the House Committee on Financial Services.

- Published, May 13, 2004 

Regulations And Policies

Debit Card Fee Disclosures -- request for public comment on a Board study and a report 

to Congress on the adequacy of existing disclosures of debit card fees imposed by 

financial institutions on customers who use their Personal Identification Number (PIN) at 

point-of-sale.

- Approved, May 14, 2004 

Prescreened Solicitations -- request for public comment on a Board study and a report to 

Congress on prescreened solicitations for credit or insurance.

- Approved, May 14, 2004 

Enforcement

CAB Holding, LLC, Wilmington, Delaware, and Paul Shi H. Huang -- issuance of a 

cease and desist order.

- Announced, May 10, 2004 

Putnam-Greene Financial Corporation, Eatonton, Georgia, and The Citizens Bank of 

Cochran, Cochran -- written agreement with the Banking Commissioner of the State of 

Georgia and the Federal Reserve Bank of Atlanta.

- Announced, May 14, 2004 

Riggs National Corporation, Washington, D.C., and Riggs International Banking 

Corporation, Miami, Florida -- issuance of a consent cease and desist order.

- Announced, May 14, 2004 

UBS, AG, Zurich, Switzerland -- issuance of an order of assessment of a civil money 

penalty.

- Announced, May 10, 2004 

(AC) = Addition or Correction Board - Page 1 of 1
May 9, 2004 to May 15, 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

Adirondack Bank, Utica, New York -- to establish a branch at 500 East Main Street, 

Little Falls.

- Approved, May 14, 2004 

New York

Bryn Mawr Trust Company, Bryn Mawr, Pennsylvania -- to establish a branch at 237 

North Pottstown Pike, Exton.

- Approved, May 14, 2004 

Philadelphia

Compass Bank, Birmingham, Alabama -- to establish branches at the intersections of 

East Baseline Road and North Cooper Road, Gilbert, Arizona; South Gilbert Road and 

West Warner Road; North 67th Avenue and State Highway 101, Glendale; West Magee 

Road and North LaCholla Boulevard, Tucson; West 80th Avenue and Wadsworth 

Boulevard, Arvada, Colorado; East Florida Avenue and South Havana Street, Aurora; 

Highway 470 and Gartrell Road; and Central Avenue East and Tramway Boulevard 

Northeast, Albuquerque, New Mexico.

- Approved, May 14, 2004 

Atlanta

Highlands Community Bank, Covington, Virginia -- to establish a branch at 1501 Main 

Street, Clifton Forge.

- Approved, May 13, 2004 

Richmond

Old Second Bank-Kane County, Elburn, Illinois -- to establish a branch at 1000A South 

State Street, Hampshire.

- Approved, May 14, 2004 

Chicago

The Park Avenue Bank, Valdosta, Georgia -- to establish a branch at 500 Eagles 

Landing Parkway, Stockbridge.

- Approved, May 14, 2004 

Atlanta

(AC) = Addition or Correction Delegated - Page 1 of 6
H.2 Actions under delegated authority May 9, 2004 to May 15, 2004

Bank Branches, Domestic

SouthTrust Bank, Birmingham, Alabama -- to establish branches at the corner of 

Northpoint Parkway and Rock Mill Road, Alpharetta, Georgia, and at 102 Newnan 

Crossing By-Pass, Newnan.

- Approved, May 14, 2004 

Atlanta

Bank Holding Companies

Bonifay Holding Company, Inc., Bonifay, Florida -- to continue making, acquiring, 

brokering, or servicing loans or other extensions of credit.

- Withdrawn, May 10, 2004 

Atlanta

Citizens Banking Corporation, Frostproof, Florida -- to merge with American Banking 

Corporation, Lake Wales, and thereby acquire American Bank and Trust Company.

- Approved, May 14, 2004 

Atlanta

Community National Bancorporation, Waterloo, Iowa -- to acquire Community Bank, 

Austin, Minnesota, a de novo bank, and for Community Bank to become a member of 

the Federal Reserve System and purchase the assets and assume the liabilities of the 

Austin branch of Security Bank Minnesota, Albert Lea.

- Approved, May 11, 2004 

Chicago

Doctors' Bancorp, Manhattan Beach, California -- to become a bank holding company 

and to acquire Beach Business Bank, a de novo bank.

- Approved, May 14, 2004 

San Francisco

Fifth Third Bancorp, Cincinnati, Ohio, and Fifth Third Financial Corporation -- to acquire 

Franklin Financial Corporation, Franklin, Tennessee, and Franklin National Bank.

- Approved, May 11, 2004 

Cleveland

(AC) = Addition or Correction Delegated - Page 2 of 6
H.2 Actions under delegated authority May 9, 2004 to May 15, 2004

Bank Holding Companies

First Bancorp, San Juan, Puerto Rico -- to acquire shares of PanAmerican Bancorp, 

Hollywood, Florida, and PanAmerican Bank.

- Approved, May 10, 2004 

New York

Harrodsburg First Financial Bancorp, Inc., Harrodsburg, Kentucky -- to merge with 

Independence Bancorp, New Albany, Indiana, and thereby acquire Independence Bank.

- Approved, May 11, 2004 

St. Louis

Jacksonville Bancorp, Inc., Jacksonville, Florida -- commitment waiver request.

- Granted, May 13, 2004 

Atlanta

Lakeland Bancorporation, Inc., Lakeville, Minnesota -- to become a bank holding 

company and to acquire Lakeland Bank, a de novo bank.

- Approved, May 10, 2004 

Minneapolis

Premier Community Bankshares, Inc., Winchester, Virginia -- to acquire Premier Bank, 

Inc., Martinsburg, West Virginia, a de novo bank.

- Withdrawn, May 10, 2004 

Richmond

Third Century Bancorp, Franklin, Indiana -- to become a bank holding company and to 

acquire Mutual Savings Bank and engage in of making and servicing loans.

- Approved, May 14, 2004 

Chicago

Change In Bank Control

Bonifay Holding Company, Inc., Bonifay, Florida -- to retain control of Bonifay Holding 

Company, Inc. and The Bank of Bonifay.

- Permitted, May 13, 2004 

Atlanta

(AC) = Addition or Correction Delegated - Page 3 of 6
H.2 Actions under delegated authority May 9, 2004 to May 15, 2004

Change In Bank Control

Clarendon Holding Co., Clarendon, Arkansas -- to retain control of Clarendon Holding 

Co.

- Permitted, May 14, 2004 

St. Louis

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

- Permitted, May 14, 2004 

Chicago

First Community Financial Corporation, Elgin, Illinois -- to retain control of First 

Community Financial Corporation and thereby acquire First Community Bank.

- Permitted, May 14, 2004 

Chicago

Competitive Factors Reports

Beneficial Mutual Savings Bank, Philadelphia, Pennsylvania -- report on competitive 

factors of the proposed merger with Beneficial Interim Bank, II as part of a reorganization 

to a mutual holding company structure.

- Submitted, May 12, 2004 

Philadelphia

Carolina First Bank, Greenville, South Carolina -- report on competitive factors of the 

proposed purchase of certain assets and assumption of deposit liabilities of the Lake 

Lure, North Carolina, branch of First Charter Bank, Charlotte.

- Submitted, May 14, 2004 

Richmond

Cascade Bank, Everett, Washington -- report on competitive factors of the proposed 

merger with Issaquah Bank, Issaquah.

- Submitted, May 10, 2004 

San Francisco

Casey State Bank, Casey, Illinois -- report on competitive factors of the proposed 

merger with the Toledo branch of Illinois Community Bank, Effingham.

- Submitted, May 11, 2004 

Chicago

(AC) = Addition or Correction Delegated - Page 4 of 6
H.2 Actions under delegated authority May 9, 2004 to May 15, 2004

Competitive Factors Reports

Citizens State Bank of Cropsey, Cropsey, Illinois -- report on competitive factors of the 

proposed merger with CSBC Interim Bank.

- Submitted, May 11, 2004 

Chicago

Commerce Bank, National Association, Cherry Hill, New Jersey -- report on competitive 

factors of the proposed merger with Commerce Bank/Shore National Association, 

Forked River, and Commerce Bank/Pennsylvania, National Association, Philadelphia, 

Pennsylvania.

- Submitted, May 11, 2004 

Philadelphia

Mercantile Bank, Orlando, Florida -- reports on competitive factors of the proposed 

mergers with CNB National Bank, Lake City, and Florida Bank, National Association, 

Tampa.

- Submitted, May 13, 2004 

Richmond

The National Bank & Trust Company of Sycamore, Sycamore, Illinois -- report on 

competitive factors of the proposed merger with LNB National Bank, DeKalb.

- Submitted, May 14, 2004 

Chicago

Pilot Grove Savings Bank, Pilot Grove, Iowa -- report on competitive factors of the 

proposed merger with Farmers National Bank of Winfield, Mount Pleasant.

- Submitted, May 14, 2004 

Chicago

SBU Bank, Utica, New York -- report on competitive factors of the proposed 

acquisition by merger of BSB Bank & Trust Company, Binghamton.

- Submitted, May 13, 2004 

New York

(AC) = Addition or Correction Delegated - Page 5 of 6
H.2 Actions under delegated authority May 9, 2004 to May 15, 2004

Competitive Factors Reports

Signature Bank, Springfield, Missouri -- report on competitive factors of the proposed 

purchase of assets and assumption of deposit liabilities of certain branches of First 

Collinsville Bank, Collinsville, Illinois.

- Submitted, May 10, 2004 

St. Louis

Extensions Of Time

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

extension to August 22, 2004, to increase its ownership of Oswego Bancshares, Inc., and 

thereby acquire Oswego Community Bank.

- Granted, May 14, 2004 

Chicago

Regions Bank, Birmingham, Alabama -- extension to June 25, 2005, to establish a branch 

at the intersection of Deerfoot Parkway and Old Springville Road, Trussville.

- Granted, May 12, 2004 

Atlanta

Total Bancshares Corporation, Miami, Florida -- extension to August 28, 2004, to 

become a bank holding company and to acquire TotalBank.

- Granted, May 13, 2004 

Atlanta

Village Investment Company, Libertyville, Iowa -- extension to August 24, 2004, to 

engage de novo in extending credit and servicing loans.

- Granted, May 11, 2004 

Chicago

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

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, May 15, 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 Third Quarter of 2004

Institution Location

Union Trust Company Ellsworth, Maine

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances.
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, May 15, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Great Eastern Bank, New York, New York to establish a Branch 

office located at 36-54 Main Street, Flushing, New York.

Newspaper – 05/25/2004

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

Type Application

Ending date of

comment period

3A3 Emigrant Bancorp, Inc., San Juan, Puerto and its parent, ESB 

Acquisition Corp., both of New York, New York to acquire 

Emigrant Bank, New York, New York, a de novo limited 

purpose commercial bank.

Newspaper – 06/02/2004

Fed Reg – 06/11/2004

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 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, May 15, 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, May 15, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

*18(c), *Branch Community First Bank & Trust, Celina, Ohio, to merge with 

Indiana Lawrence Bank, North Manchester, IN and The Clyde 

Savings Bank, Clyde, OH, pursuant to Section 18(c) of the 

Federal Deposit Insurance Act and incident thereto establish 

branches pursuant to Section 9 of the Federal Reserve Act.

Newspaper – 06/09/2004

*Branch Fifth Third Bank, Grand Rapids, MI to establish a branch at 

1402 South Route 12, Fox Lake, IL.

Newspaper – 05/01/2004

*Branch Fifth Third Bank, Grand Rapids, MI to establish a branch at 900 

Beasley Street, Lexington, KY.

Newspaper – 05/01/2004

*Branch Fifth Third Bank, Grand Rapids, MI to establish a branch at 

49895 Grand River Avenue, Wixom, MI.

Newspaper – 05/01/2004

*Branch Fifth Third Bank, Grand Rapids, MI to establish a branch at 

8430 Windfall Lane, Camby, IN.

Newspaper – 05/08/2004

*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 Notice of Change in Bank Control by Susan Neff, Robert Neff, 

Ryan Neff, Heather Neff and Jennifer Neff-Markwell 

(collectively known as the "Neff Family") of their intent to 

retain control of 25 percent or more of the outstanding shares of 

The Citizens Bancorp, Morehead, Kentucky.

Newspaper – 05/17/2004

Fed Reg – 05/19/2004

CIC Notice of Change in Bank Control by the Clay and Bernice 

Corman Family Control Group, Nicholasville, Kentucky, to 

retain 17.78% of the voting shares of Citizens National 

Bancshares, Inc., Nicholasville, Kentucky.

Newspaper – 04/14/2004

Fed Reg – 04/19/2004

CIC Notice by the Elder Group and Deborah Bagenstose, Columbus, 

Ohio, to retain control of Empire Bancshares, Inc., Hicksville, 

Ohio.

Newspaper – N/Avail

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

Type Application

Ending date of

comment period

*Branch Fifth Third Bank, Cincinnati, Ohio, to establish a branch at 

Broadview Road and Royalton Road, Broadview Hts, Ohio.

Newspaper – N/Avail

Fed Reg – N/Avail

*Branch Fifth Third Bank, Cincinnati, Ohio, to establish a branch at 5067 

Portage Street, N.W., North Canton, Ohio.

Newspaper – N/Avail

Fed Reg – N/Avail

*Branch Fifth Third Bank, Cincinnati, Ohio, to establish a branch at 

15530 South Telegraph Road, Monroe, MI.

Newspaper – N/Avail

Fed Reg – N/Avail

*Branch Fifth Third Bank, Cincinnati, Ohio, to establish a branch at 3739 

Navarre Avenue, Oregon, Ohio.

Newspaper – N/Avail

Fed Reg – N/Avail

*Branch Fifth Third Bank, Cincinnati, Ohio, to establish a branch at West 

Garfield Road and South Bissell Road, Aurora, Ohio.

Newspaper – N/Avail

Fed Reg – N/Avail

*Branch Fifth Third Bank, Cincinnati, Ohio, to establish a branch at the 

northeast corner of State Route 747 and Union Center 

Boulevard, West Chester, Ohio.

Newspaper – N/Avail

Fed Reg – N/Avail

*Branch Fifth Third Bank, Cincinnati, Ohio, to establish a branch at the 

southeast corner of Snow Road and Delores Boulevard, 

Brookpark, Ohio.

Newspaper – N/Avail

Fed Reg – N/Avail

CIC Notice of Change in Control filed by The Dlesk Family (Rosalie 

J. Dlesk and Sylvan J. Dlesk and Randall Dlesk and Jane Dlesk), 

Wheeling, West Virginia, of their intent to acquire an additional 

9,000 voting shares of First West Virginia Bancorp, Inc., 

Wheeling, West Virginia and increase their ownership position 

to 161,442 shares or 10.56% of the total shares outstanding.

Newspaper – 05/20/2004

Fed Reg – 06/01/2004

*3(a)(5) Huntington Bancshares Incorporated, Columbus, Ohio, to 

acquire Unizan Financial Corp., Canton, Ohio.

Newspaper – 04/28/2004

Fed Reg – 04/23/2004

*3(a)(5), 4(c)(8) National City Corporation, Cleveland, Ohio, to acquire 100 

percent of Provident Financial Group, Inc., Cincinnati, Ohio, 

and thereby indirectly acquire Provident Bank, Cincinnati, Ohio.

Newspaper – 03/22/2004

Fed Reg – 03/19/2004

*18(c), 3(a)(1) North Valley Bancshares, Inc., Zanesville, Ohio, to acquire 

North Valley Bank, Zanesville, Ohio, pursuant to Section 3(a)(1) 

of the Bank Holding Company Act and North Valley Bank, 

Zanesville, Ohio, to merge with North Valley Interim Bank, 

Zanesville, Ohio, pursuant to Section 18(c) of the Federal 

Deposit Insurance Act.

Newspaper – 05/08/2004

Fed Reg – N/Avail

*18(c), *3(a)(5), 

*Branch

Sky Financial Group, Inc., Bowling Green, Ohio, to acquire 

Second Bancorp, Incorporated, Warren, Ohio.

Newspaper – 04/26/2004

Fed Reg – 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 Third Quarter of 2004

Institution Location

Somerset Trust Company 151 West Main Street

Somerset, Pennsylvania 15501
Section VI – CRA examinations scheduled for Third Quarter of 2004

Institution Location

Community First Bank & Trust 225 North Main Street

Celina, Ohio 45822

The Citizens Banking Company 100 East Water Street

Sandusky, Ohio 44870

The Killbuck Savings Bank Company 165 North Main Street

Killbuck, Ohio 44637

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances.
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, May 15, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Sandy Spring Bank, Olney, Maryland, to establish a branch 

at 8315 Ice Crystal Drive, Scaggsville, Maryland.*

Newspaper – 05/20/2004

Branch Union Bank and Trust Company, Bowling Green, Virginia, 

to establish branches at 11101 Hull Street Road, Midlothian, 

Virginia, and at 13644 Hull Street Road, Midlothian, Virginia.*

Newspaper – 05/26/2004

Branch Gateway Bank & Trust Co., Elizabeth City, North Carolina, 

to establish a branch at 2808 South Croatan Highway, Nags

Head, North Carolina.*

Newspaper – 05/28/2004

Branch The Bank of Floyd, Floyd, Virginia, to establish a branch at 

4309 Starkey Road, Roanoke, Virginia.*

Newspaper – 06/04/2004

*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

3(a)(5) The South Financial Group, Inc., Greenville, South Carolina, 

to acquire 100% of the voting shares of CNB Florida 

Bancshares, Inc., Jacksonville, Florida.*

Fed Reg – 05/10/2004 

Newspaper – 05/31/2004

CIC Change in Control Notice filed by Mrs. Elizabeth Ann Miller, 

Vero Beach, Florida, to retain 17.5% of the voting shares of 

First Clay County Banc Corporation, Clay, West Virginia.*

Fed Reg – 06/02/2004 

Newspaper – 06/02/2004

*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

976226 The Fauquier Bank 

10 Courthouse Square

Warrenton, Virginia 20186

02/23/2004 05/09/2004 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, May 15, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

located at 7550 IH-10 West, San Antonio, Texas, to be known as 

the Crossroads Branch.*

Newspaper – 05/22/2004

*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) Alabama National BanCorporation, Birmingham, Alabama, to 

acquire 100 percent of Coquina Bank, Ormond Beach, Florida.*

Newspaper – N/Avail

Fed Reg – N/Avail

4(c)(8) Bancshares of Florida, Inc., Naples, Florida (formerly Citizens 

Bancshares of Southwest Florida), to acquire 100 percent of 

Horizon Financial Corp., and its subsidiary, Horizon Bank, FSB, 

both of Pembroke Pines, Florida, and thereby engage in 

operating a savings association.*

Newspaper – N/Avail

Fed Reg – N/Avail

3(a)(1) Flint River Bancshares, Inc., Camilla, Georgia, to become a 

bank holding company by acquiring 100 percent of Flint River 

National Bank, Camilla, Georgia.* 

Newspaper – 05/31/2004

Fed Reg – 06/10/2004

3(a)(1) Floridian Community Holdings, Inc., Davie, Florida, to become 

a bank holding company by acquiring 100 percent of Floridian 

Community Bank, Inc., Davie, Florida.*

Newspaper – N/Avail

Fed Reg – N/Avail

CIC Madison Bank Corporation, Madison, Georgia, prior change in 

control notice filed by Old Post Road, L.P., Madison, Georgia, 

Floyd C. Newton, Jr., Madison, Georgia, Floyd C. Newton III, 

Atlanta, Georgia, Godfrey H. Newton, Atlanta, and Jennie S. 

Newton, Atlanta, Georgia, to acquire 24.24 percent of the 

outstanding shares of Madison Bank Corporation, and its 

subsidiary, Bank of Madison, both of Madison, Georgia.

Newspaper – 05/26/2004

Fed Reg – 05/19/2004

3(a)(5) Whitney Holding Corporation, New Orleans, Louisiana, to 

merge with Madison BancShares, Inc., and thereby directly 

acquire Madison Bank, both of Palm Harbor, Florida.*

Newspaper – N/Avail

Fed Reg – 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

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, May 15, 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) Independent Bank Corporation, Ionia, Michigan, to acquire 

through merger North Bancorp, Inc., Gaylord, Michigan and 

thereby indirectly acquire First National Bank of Gaylord, 

Gaylord, Michigan and immediately merge with and into IBC's 

subsidiary, Independent Bank, Bay City, Michigan.*

Fed Reg – 05/06/2004

Newspaper – 04/30/2004

3(a)(1) MCB Bankshares, Inc., Middleton, Wisconsin, to become a bank 

holding company by acquiring 100 percent of the voting shares 

of Middleton Community Bank, Middleton, Wisconsin.*

Fed Reg – 05/27/2004

Newspaper – 05/24/2004

CIC Notice by Darin J. Johnson, Sutherland, Iowa, to gain control of 

Old O'Brien Banc Shares,Inc., Sutherland,Iowa, and thereby 

indirectly Security State Bank, Sutherland, Iowa, and Hawarden 

Banking Company, Hawarden, Iowa.

Fed Reg – 05/26/2004

Newspaper – N/Avail

3(a)(3) Parkway Bancorp, Inc., Harwood Heights, Illinois, to acquire 

100 percent of the voting shares of United Arizona Bank, 

National Association, Cave Creek, Arizona.*

Fed Reg – N/Avail

Newspaper – N/Avail

3(a)(3) Metropolitan Bank Group, Inc., Chicago, Illinois, to acquire 100 

percent of the voting shares of Citizens Bank - Illinois, National 

Association, Berwyn, Illinois.*

Fed Reg – 06/11/2004

Newspaper – N/Avail

CIC Notice by Paul E. Menzel, Hartland, Wisconsin, to retain 19.32 

percent of Ridgestone Financial Services, Inc., Brookfield, 

Wisconsin, and thereby indirectly control Ridgestone Bank, 

Brookfield, Wisconsin.

Fed Reg – N/Avail

Newspaper – N/Avail

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

Type Application

Ending date of

comment period

4(c)(8) Marshall & Ilsley Corporation, Milwaukee, Wisconsin, proposes 

to acquire indirectly through its wholly-owned subsidiary, 

Metavante Corporation, all of the outstanding capital stock of 

Advanced Financial Solutions, Inc., and all of the limited 

liability company interests of CheckClear L.L.C., and Medical 

Banking Exchange L.L.C., all located in Oklahoma City, 

Oklahoma.

Fed Reg – N/Avail

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 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, May 15, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Arvest Bank, Fayetteville, Arkansas, to establish a branch 

facility to be located at 104 B War Eagle Street, Huntsville, 

Arkansas.*

Newspaper – 05/22/2004

Branch Arvest Bank, Fayetteville, Arkansas, to establish a branch 

facility to be located at 2619 Highway 62 East, Mountain Home, 

Arkansas.*

Newspaper – 05/22/2004

18C First Bank, St. Louis, Missouri, to merge with Continental 

Community Bank and Trust Company, Aurora, Illinois.*

Newspaper – 06/11/2004

* 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 Commonwealth Bancshares, Inc., Louisville, Kentucky, to retain 

100 percent of First Security Trust Bank, FSB, Florence, 

Kentucky, which will be renamed First Security Trust Bank, 

Inc., Florence, Kentucky, upon it conversion to a state chartered 

bank.*

Newspaper – 06/14/2004

Fed Reg – N/Avail

3A1 Southern Missouri Bancorp, Inc., Poplar Bluff, Missouri, to 

become a bank holding company by retaining 100 percent of 

Southern Missouri Bank and Trust Company, Poplar Bluff, 

Missouri, upon its conversion from a state savings bank to a 

state chartered trust company.

Newspaper – 06/06/2004

Fed Reg – 06/07/2004

* 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

3120646 Patriot Bank

Millington, Tennessee

02/02/2004 05/14/2004 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, May 15, 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 John Wesley Templer Sr. and Jacqueline Sue Templer, 

Amarillo, Texas, to acquire control of Western Dakota Holding 

Company, Timber Lake, South Dakota, and thereby indirectly 

acquire control of Western Dakota Bank, Timber Lake, South 

Dakota.

Fed Reg – 05/13/2004

Newspaper – N/Avail

3(a)(3) Waumandee Bancshares, Ltd., Waumandee, Wisconsin, 

proposes to acquire First State Bank, Fountain City Wisconsin.*

Fed Reg – 06/03/2004

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

4(c)(8) Hopkins Financial Corporation, Mitchell, South Dakota, 

proposes to engage de novo in lending activities
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 3rd Quarter of July 1, 2004-September 30, 2004

Institution Location

First Commercial Bank Bloomington, Minnesota

Rocky Mountain Bank Billings, Montana

Glacier Bank Kalispell, Montana

American State Bank of Pierre Pierre, South Dakota

State Bank of La Crosse La Crosse, Wisconsin

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances. Examinations may have to be rescheduled during the calendar quarter in which they are 

designated to begin. If an institution’s examination is rescheduled for a date later than the end of the date range 

reflected in a published schedule, the institution’s name will be republished in an appropriate later listing. Any 

comments received, as a result of either the first publication or subsequent publications will be considered during 

the examination. Written comments regarding the CRA performance of these institutions should be directed to 

Mr. Jim Colwell at the Federal Reserve Bank of Minneapolis, Banking Supervision Department. P. O. Box 291, 

Minneapolis, Minnesota 55480-0291.
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, May 15, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) Bank of Colorado, Fort Collins, Colorado, to purchase certain 

assets and assume certain liabilities of First National Bank of 

Colorado Springs, Colorado Springs, Colorado, and incident 

thereto, to establish three branches.

Newspaper – 05/29/2004

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

Type Application

Ending date of

comment period

3(a)(1) Union National Bancshares, Inc. ESOP, Chandler, Oklahoma, to 

become a bank holding company through the acquisition of up 

to 32.76 percent of the voting shares of Union National 

Bancshares, Inc., parent of Union Bank of Chandler, both in

Chandler, Oklahoma.

Newspaper – 06/13/2004

Fed Reg – 06/11/2004

3(a)(1) Centennial C Corp, Rancho Santa Fe, California, to become a 

bank holding company through the acquisition of 100 percent of 

the voting shares of Centennial Bank Holdings, Inc., Fort 

Collins, Colorado, parent of Centennial Bank of the West, Fort 

Collins, Colorado.

Newspaper – N/Avail

Fed Reg – 06/03/2004

3(a)(5) Pinnacle Bancorp, Inc., Central City, Nebraska, to acquire 100 

percent of Financial Services of the Rockies, Inc., Colorado 

Springs, Colorado, and thereby indirectly acquire First National 

Bank of Colorado Springs, Colorado Springs, Colorado.

Newspaper – 05/29/2004

Fed Reg – 06/11/2004

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

94755 Sundance State Bank

2

nd & Main

Sundance, Wyoming 82729

02/23/2004 05/12/2004 S X

481551 Saline State Bank

203 W. 3rd Street

Wilber, Nebraska 68465

02/09/2004 05/13/2004 S X

554857 Five Points Bank

2015 N. Broadwell Avenue

Grand Island, Nebraska 68803-2759

01/26/2004 05/13/2004 S X
Section VI – CRA examinations scheduled for 3

rd Quarter of 2004

Institution Location

Bank of Colorado Fort Collins, Colorado

FirstBank of Vail Vail, Colorado

State Bank Winfield, Kansas

American Heritage Bank Sapulpa, Oklahoma

Anadarko Bank and Trust Anadarko, Oklahoma

First Bank of Chandler Chandler, Oklahoma

Farmers State Bank Pine Bluffs, Wyoming

Uinta County State Bank Mountain View, Wyoming

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances.
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, May 15, 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 Third Quarter of 2004

Institution Location

PointBank

844567

200 South Highway 377

Pilot Point, Texas 76258

Citizens Bank

253262

103 Texas Avenue

Slaton, Texas 79364

PlainsCapital Bank

637451

5010 University Drive

Lubbock, Texas 79413

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances.
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, May 15, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18C Placer Sierra Bank, Auburn, California, to merge with Bank of 

Orange County, Orange, California.*

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

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

3(a)(5)(C) Premier Commercial Bancorp to become a bank holding 

company by acquiring 100 percent of Premier Commercial Bank 

N.A., both of Anaheim, California.

3(a)(5)(C) Regal Financial Bancorp, Inc., Seattle, Washington, to become a 

bank holding company by acquiring 100 percent of Regal 

Financial Bank, Seattle, Washington.
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