Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 25

Week Ending June 22, 2002

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions June 16, 2002 to June 22, 2002 

Advisory Councils 

Consumer Advisory Council -- request for nominations for ten new members. 

- Announced, June 17, 2002 

Regulations And Policies 

Credit Card Plans -- annual report to the Congress, "The Profitability of Credit Card 

Operations of Depository Institutions." 

- Approved, June 17, 2002 

Regulation C (Home Mortgage Disclosure) -- amendments providing certain 

reporting thresholds for loan pricing data required to be reported, requiring lenders 

to report the lien status of applications and originated loans, and requiring lenders to 

ask applicants their ethnicity, race, and sex in applications taken by telephone. 

- Approved, June 21, 2002 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority June 16, 2002 to June 22, 2002 

BS&R 

C&CA 

FOMC 

Banking Supervision and Regulation 

Consumer and Community Affairs 

Federal Open Market Committee 

RBOPS 

IF 

OSDM 

Reserve Bank Operations and Payment Systems

International Finance

Office of Staff Director for Management

Bank Branches, Domestic 

Atlanta 

Bank Independent, Sheffield, Alabama -- to establish a branch at 704 Bank Street, 

Decatur. 

- Approved, June 20, 2002 

Kansas City 

Bank of Colorado, Fort Collins, Colorado -- to establish a branch at 1200 Railroad 

Avenue, Rifle. 

- Approved, June 21, 2002 

Atlanta 

First Commercial Bank of Florida, Orlando, Florida -- to establish a branch at 3505 W. 

Lake Mary Boulevard, Lake Mary. 

- Approved, June 21, 2002 

Chicago 

First Farmers Bank & Trust, Converse, Indiana -- to establish a branch at 2040 S. Reed 

Road, Kokomo. 

- Approved, June 20, 2002 

Atlanta 

Regions Bank, Birmingham, Alabama -- to establish branches at 1544 Piedmond Road 

and 1745 Peachtree Road, both in Atlanta, Georgia. 

- Approved, June 17, 2002 

Chicago 

Sand Ridge Bank, Highland, Indiana -- to establish a branch at U.S. Highway 231 and 

Broadway Avenue, Crown Point. 

- Withdrawn, June 18, 2002 

Atlanta 

SouthTrust Bank, Birmingham, Alabama -- to establish a branch at One Jackson Place, 

188 East Capitol Street, Jackson, Mississippi. 

- Approved, June 19, 2002 

(AC) = Addition or Correction Delegated - Page 1 of 7 
H.2 Actions under delegated authority June 16, 2002 to June 22, 2002 

Bank Branches, Domestic 

Dallas 

Texas Bank, Weatherford, Texas -- to establish a branch at 5980 South Cooper Street, 

Arlington. 

- Approved, June 20, 2002 

Kansas City 

Webb City Bank, Webb City, Missouri -- to establish a branch at 3435 E. 7th Street, 

Joplin. 

- Approved, June 20, 2002 

Bank Holding Companies 

Atlanta 

BCB Holding Company, Inc., Theodore, Alabama -- commitment waiver request. 

- Granted, June 20, 2002 

Atlanta 

Community First, Inc., Columbia, Tennessee -- to become a bank holding company 

through the acquisition of Community First Bank & Trust. 

- Withdrawn, June 17, 2002 

Richmond 

First Charter Corporation, Charlotte, North Carolina -- relief from certain commitments. 

- Granted, June 20, 2002 

Richmond 

FNB Corp., Asheboro, North Carolina -- to merge with Rowan Bancorp, Inc., China 

Grove, and thereby acquire Rowan Savings Bank SSB, Inc. 

- Approved, June 17, 2002 

St. Louis 

Independent Group Holdings, Inc., Memphis, Tennessee -- to become a bank holding 

company through the acquisition of Independent Bank. 

- Withdrawn, June 20, 2002 

(AC) = Addition or Correction Delegated - Page 2 of 7 
H.2 Actions under delegated authority June 16, 2002 to June 22, 2002 

Bank Holding Companies 

Atlanta 

People's Community BancShares, Inc., Sarasota, Florida -- to become a bank holding 

company through the acquisition of People's Community Bank of the West Coast. 

- Approved, June 21, 2002 

Secretary 

Atlanta 

The Royal Bank of Scotland Group, plc, Edinburgh, Scotland -- to acquire WorldPay 

Limited, St. Helier, Jersey Island, United Kingdom, and thereby engage in the United 

States in credit extension and data processing activities. 

- Approved, June 20, 2002 

Synovus Financial Corp., Columbus, Georgia -- to merge with Community Financial 

Group, Inc., Nashville, Tennessee, and thereby acquire its subsidiary, The Bank of 

Nashville. 

- Approved, June 20, 2002 

Banks, Foreign 

Director, BS&R 

Hamburgische Landesbank Girozentrale, Hamburg, Germany -- to establish a 

representative office in New York, New York. 

- Approved, June 21, 2002 

Director, BS&R 

Landesbank Schleswig-Holstein Girozentrale, Kiel, Germany -- to establish a branch in 

New York, New York. 

- Approved, June 21, 2002 

Change In Bank Control 

Chicago 

Anita Bancorporation, Atlantic, Iowa -- change in bank control. 

- Permitted, June 21, 2002 

Kansas City 

Citizens Financial Corporation, Liberal, Kansas -- change in bank control. 

- Permitted, June 19, 2002 

(AC) = Addition or Correction Delegated - Page 3 of 7 
H.2 Actions under delegated authority June 16, 2002 to June 22, 2002 

Change In Bank Control 

Chicago 

First Beardstown Bancorp, Inc., Beardstown, Illinois -- change in bank control. 

- Permitted, June 20, 2002 

St. Louis 

Franklin Bancshares, Inc., Franklin, Illinois -- change in bank control. 

- Permitted, June 17, 2002 

Atlanta 

Georgia Central Bancshares, Inc., Social Circle, Georgia -- change in bank control. 

- Permitted, June 17, 2002 

Atlanta 

Liberty Shares, Inc., Hinesville, Georgia -- change in bank control. 

- Withdrawn, June 18, 2002 

St. Louis 

Southern Illinois Bancorp, Inc., Carmi, Illinois -- change in bank control. 

- Permitted, June 21, 2002 

Richmond 

Tri-County Financial Corporation, Waldorf, Maryland -- change in bank control. 

- Permitted, June 18, 2002 

Competitive Factors Reports 

Chicago 

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

proposed merger with Bank One, Colorado, N.A., Denver, Colorado; Bank One, 

Indiana, N.A., Indianapolis, Indiana; and Bank One, Wisconsin, Milwaukee, Wisconsin. 

- Submitted, June 21, 2002 

Boston 

Banknorth, National Association, Portland, Maine -- report on competitive factors of the 

proposed merger with Southington Savings Bank, Southington, Connecticut. 

- Submitted, June 19, 2002 

(AC) = Addition or Correction Delegated - Page 4 of 7 
H.2 Actions under delegated authority June 16, 2002 to June 22, 2002 

Competitive Factors Reports 

Kansas City 

Citizens State Bank, Gridley, Kansas -- report on competitive factors of the proposed 

merger with the Burlington branch of Home Savings Bank, Chanute. 

- Submitted, June 17, 2002 

Philadelphia 

Delanco Federal Savings Bank, Delanco, New Jersey -- report on competitive factors of 

the proposed merger with Delanco Federal MHC Interim Savings Bank and Delanco 

Federal Interim Savings Bank. 

- Submitted, June 18, 2002 

Cleveland 

First Federal Savings Bank of Ironton, Ironton, Ohio -- report on competitive factors of 

the proposed merger with Lincoln Savings and Loan Association. 

- Submitted, June 17, 2002 

Cleveland 

First National Bank of Southwestern Ohio, Hamilton, Ohio -- report on competitive 

factors of the proposed merger with Hebron Deposit Bank, Hebron. 

- Submitted, June 17, 2002 

Minneapolis 

First Savings Bank, FSB, Beresford, South Dakota -- report on competitive factors of 

the proposed purchase of assets and assumption of liabilities of First American Savings 

Bank, FSB, Omaha, Nebraska. 

- Submitted, June 18, 2002 

Chicago 

Southport Bank, Kenosha, Wisconsin -- report on competitive factors of the proposed 

merger with Republic Bank of Kenosha, an interim bank. 

- Submitted, June 21, 2002 

(AC) = Addition or Correction Delegated - Page 5 of 7 
H.2 Actions under delegated authority June 16, 2002 to June 22, 2002 

Financial Holding Companies 

Director, BS&R 

Unicredito Italiano S.p.A., Milan, Italy -- election to be treated as a financial holding 

company. 

- Effective, June 17, 2002 

International Operations 

Director, BS&R 

Bank Leumi (USA), New York, New York -- request for exemption from section 23A 

of the Federal Reserve Act to acquire the assets of the Miami agency of Bank of Leumi 

le-Israel B.M., Tel Aviv, Israel. 

- Granted, June 19, 2002 

Richmond 

Wachovia Bank, National Association, Charlotte, North Carolina -- to convert its 

Shanghai, China, representative office to a branch. 

- Approved, June 17, 2002 

Membership 

St. Louis 

Bank of Crockett, Bells, Tennessee -- membership in the Federal Reserve System. 

- Approved, June 18, 2002 

Richmond 

The Bank of Currituck, Moyock, North Carolina -- membership in the Federal Reserve 

System. 

- Approved, June 21, 2002 

St. Louis 

Bank of Halls, Halls, Tennessee -- membership in the Federal Reserve System. 

- Approved, June 18, 2002 

St. Louis 

The Bank of Jackson, Jackson, Tennessee -- membership in the Federal Reserve System. 

- Approved, June 18, 2002 

(AC) = Addition or Correction Delegated - Page 6 of 7 
H.2 Actions under delegated authority June 16, 2002 to June 22, 2002 

Membership 

St. Louis 

Gates Banking and Trust Company, Gates, Tennessee -- membership in the Federal 

Reserve System. 

- Approved, June 18, 2002 

St. Louis 

Security Bank, Newbern, Tennessee -- membership in the Federal Reserve System. 

- Approved, June 18, 2002 

(AC) = Addition or Correction Delegated - Page 7 of 7 
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, June 22, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

CIC Mystic Financial, Inc., Employee Stock Ownership Plan & 

Trust, Medford, Massachusetts - notification to acquire up to 

24.9% of Mystic Financial, Inc., Medford, Massachusetts 

Newspaper - N/Avail Fed 

Reg - N/Avail 

3(a)(1) Randolph Bancorp, Stoughton, Massachusetts - application to 

form a mutual bank holding company through the acquisition of 

Randolph Savings Bank, Randolph, Ma ssachusetts 

Newspaper - N/Avail Fed 

Reg - 07-20-02 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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, inclu ding 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 he lping 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 Examination CRA CRA Exam type 

number Institution/Location date public date 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, June 22, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 de pository 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 re gulation 

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 Examination CRA CRA Exam type 

number Institution/Location date public date 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, June 22, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

3(a)(1) Berkshire Financial Holding, Inc., Collegeville, PA, to form a Newspaper: N/Avail Fed 

bank holding company by acquiring USABancShares.c om, Inc., Reg: 07/18/2002 

Philadelphia, PA. 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

3(a)(1)RN Sterling Bank Holding, Inc., Mount Laurel, NJ, to form a bank 

holding company by acquiring Sterling Bank, Mount Laurel, NJ. 
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 institut ion'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 Examination CRA CRA Exam type 

number Institution/Location date public date 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, June 22, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Received notice from Fifth Third Bank Michigan, Grand Rapids, 06/07/2002 

MI on 06/21/2002 proposing to establish a branch facility at 850 

Milwaukee Avenue, Vernon Hills, IL. 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 me mber banks have been examined and their CRA public evaluations are now available. 

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, June 22, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch New Peoples Bank, Inc., Honaker, Virginia, to establish a Newspaper - 07/01/2002 

branch at 419 Shawnee Avenue East, Big Stone Gap, Virginia.* 

*Subject to the provisions of the Community Reinvestment Act. 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

Section IV – Applications not s ubject 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 Examination CRA CRA Exam type 

number Institution/Location date public date 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, June 22, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

3(a)(3) First Security Group, Inc., Chattanooga, Tennessee, to acquire 

First State Bank, Maynardville, Tennessee. 

3(a)(3) Southwest Florida Community Bancorp, Inc., Fort Myers, 

Florida, to acquire 50 percent of the outstanding shares of 

Sanibel Captiva Community Bank, Sanibel, Florida (in 

organization). 

3(a)(1) Community First, Inc., Columbia, Ten nessee, to become a bank 

holding company by acquiring Community First Bank & Trust, 

Columbia, Tennessee. 

Ending date of 

comment period 

Newspaper – 6/27/2002* 

N/Avail* 

Fed Reg – 06/10/2002 

*Subject to provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

COM Community Financial Holding Company, Inc., Duluth, Georgia, 

commitment waiver request to not incur debt. 
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 t heir CRA public evaluations are now available. 

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

1390342 Fifth Third Bank of Florida 

4099 Tamiami Trail North 

Naples, Florida 34103 

(941) 430-5353 

548735 Mobile County Bank 

Post Office Box 327 

Grand Bay, Alabama 36541 

(251) 865-6191 

648130 Coconut Grove Bank 

2701 S. Bayshore Drive 

Miami, Florida 33133 

(305) 858-6666 

318835 The Terrace Bank of Florida 

Post Office Box 16828 

Tampa, Florida 33687-6828 

(813) 985-1128 

03/05/2001 02/06/2002 S X 

09/24/2001 02/13/2002 S X 

12/03/2001 04/17/2002 S X 

01/07/2002 04/17/2002 S X 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, June 22, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18C & Branch Midwest Bank and Trust Company, Elmwood Park, Illinois, to Newspaper – N/Avail 

merge with Midwest Bank of Hinsdale, Hinsdale, Illinois and 

Midwest Bank of McHenry County, Union, Illinois and to 

establish seven branch offices.* 

* Subject to the provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

3(a)(1) Cincinnati BancGroup, Inc., Mason, Ohio, to become a bank 

holding company by acquiring 100 percent of Bank of Kenney, 

Kenney, Illinois.* 

3(a)(1) Orchid Financial Bancorp, Inc., St. Charles, Illinois, to become a 

bank holding company by acquiring 100 percent of American 

Eagle Bank (in organiza tion), South Elgin, Illinois.* 

Notice by Stephen Suiter, Princeton, Iowa, and Jane Suiter 

Gahard, LeClaire, Iowa, as immediate family acting in concert, 

to increase control of Princeton/LeClaire, Agency, Inc., 

Princeton, Iowa, following the redemption of 199 shares of 

holding company stock. Stephen Suiter will own and control 

41.79 percent individually and Jane Suiter Gahard will own and 

control 7.96 percent. 

Fed Reg – 07/05/2002 

Newspaper – N/Avail 

Fed Reg – 06/24/2002 

Newspaper – N/Avail 

Fed Reg – 07/01/2002 

Newspaper – N/Avail 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

CC 
Section IV – Applications not subject to Federal Register or newspaper no tice 

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 mee t 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 institu tion 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 hav e been examined and their CRA public evaluations are now available. 

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

850036 First American Bank 01/25/2001 06/17/2002 SN X 

261 S. Western Avenue 

Carpentersville, Illinois 60110 

(847) 426-6300 

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, June 22, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period

3A1 FCB Financial Services, Inc., Marion, Arkansas, to become a Newspaper – N/Avail Fed 

bank holding company by acquiring 100 percent of First Reg – N/Avail

Community Bank of Eastern Arkansas, Marion, Arkansas.* 

3A3 First Delta Bankshares, Inc., Blytheville, Arkansas, to acquire 

100 percent of Bank of Trumann, Trumann, Arkansas.* 

Newspaper – N/Avail 

Red Reg – 07/22/2002 

3A3 Mid-Missouri Bancshares, Inc., Springfield, Missouri, to acquire 

22.25 percent of the voting shares of Central States Bancshares, 

Inc., Springfield, Missouri, and thereby indirectly acquire its 

subsidiary bank, Webb City Bank, Webb City, Missouri.* 

Newspaper – N/Avail Fed 

Reg – 07/22/2002 

3A1 Tri-County Bancshares, Inc., Beecher City, Illinois, to become a 

bank holding company by acquiring 100 percent of First State 

Bank of Beecher City, Beecher City, Illinois.* 

Newspaper – N/Avail Fed 

Reg – 7/22/2002 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 evalu ated 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 Examination CRA CRA Exam type 

number Institution/Location date public date 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, June 22, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) & Branch Dakota Bank, Mendota Heights, Minnesota, to merge with The N/Avail 

Midway National Bank of St. Paul, St. Paul, Minnesota. In 

addition, Dakota Bank proposes to relocate its main office to the 

St. Paul, Minnesota, main office location of the target bank and 

retain its existing main office as a branch. Dakota Bank also 

proposes to retain the three branch offices of the target bank 

located in Apple Valley, Bloomington, and Burnsville, 

Minnesota.* 

* Subject to the provisions of the Community Reinvestment A ct. 

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

Ending date of 

Type Application comment period 

3(a)(3) Richey Bancorporation, Inc., Glendive, Montana, to acquire 

25% of Community First Bancorp, Inc., Glendive, Montana, and 

thereby indirectly acquire Community First Bank of Glendive, 

Glendive, Montana.* 

CIC Eugene Weinreis, Golva, North Dakota; and Brian and Kimera 

Robertson, Missoula, Montana, to gain control of Community 

First Bancorp, Inc., Glendive, Montana, and thereby indirectly 

gain control of Community First Bank of Glendive, Glendive, 

Montana. 

CIC Douglas H. Lewis II, Duluth, Minnesota, to gain control of 

North Shore Financial Corporation, Duluth, Minnesota, and 

thereby indirectly gain control of North Shore Bank of 

Commerce, Duluth, Minnesota. 

CIC The R.J. Doornek Trust and R.J. Doornek, as an individual and 

trustee of the trust, Wolf Point, Montana, to gain control of Wolf 

Point Holding Company of Wolf Point, Wolf Point, Montana, 

and thereby indirectly gain control of Western Bank of Wolf 

Point, Wolf Point, Montana. 

Fed Reg – 07/19/2002 

Newspaper – 07/30/2002 

Fed Reg – 07/09/2002 

Newspaper – 07/20/2002 

Fed Reg – 07/09/2002 

Newspaper – N/Avail 

Fed Reg – 07/11/2002 

Newspaper – N/Avail 

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

Ending date of 

Type Application comment period 

None 

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

Type Application 

Membership American State Bank of Olivia, Olivia, Minnesota, to become a 

member of the Federal Reserve System. 

Section V – Availability of CRA public evaluations 

The Community Reinvestment Act is intended to encourage de pository 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 Examination CRA CRA Exam type 

number Institution/Location date public date 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, June 22, 2002 

Section I – Applications subject to newspaper notice only 

Type Application 

Branch MontroseBank, Montrose, Colorado, to establish a branch at 102 

North Grand Avenue, Delta, Colorado. 

Branch Pinnacle Bank, Papillion, Nebraska, to establish a branch at 

3500 Faulkner, Lincoln, Nebraska. 

18(c) First State Bank of Taos, Taos, New Mexico, to merge 

with First Community Industrial Bank, Denver, Colorado, 

and incident thereto, establish several branches that will 

operate under the charter and title of First State Bank of 

Taos, Taos, New Mexico. 

Ending date of 

comment period 

Newspaper - 06/27/2002 

Newspaper - 06/27/2002 

Newspaper - 07/19/2002 

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

Type Application 

3(a)(1) First Midwest Acquisition Corporation, Midwest City, 

Oklahoma, to become a bank holding company through the 

acquisition of 80.6 percent of the voting shares of First Midwest 

Bancorp, Inc., Midwest City, Oklahoma, parent of First National 

Bank, Midwest City, Oklahoma. 

3(a)(3) BOK Financial Corporatio n, Tulsa, Oklahoma, to acquire 100 

percent of the voting shares of TW Interim National Bank, 

Houston, Texas and Bank of Tanglewood, National Association, 

Houston, Texas. 

CIC John Steven Schnoor and Carmela Rose Schnoor, both of 

Hildreth, Nebraska, to acquire control of Hildreth State 

Company, Inc., Hildreth, Nebraska, parent of State Bank of 

Hildreth, Hildreth, Nebraska. 

Ending date of 

comment period 

Newspaper - N/Available 

Fed Reg - 07/11/2002 

Newspaper - 07/12/2002 

Fed Reg - 07/11/2002 

Newspaper - N/Available 

Fed Reg - 07/02/2002 
Section III – Applications subject to Fe deral Register notice only 

Ending date of 

Type Application comment period 

4(c)(8) First Midwest Acquisition Corporation, Midwest City, Fed Reg - 07/11/2002 

Oklahoma, to engage indirectly in lending activities through the 

acquisition of First Midwest Bancorp, Inc., Midwest City, 

Oklahoma, parent of FinancePoint, Inc., Del City, Oklahoma. 

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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

1386251 BancFirst 01/29/2001 06/21/2002 S X 

101 N. Broadway 

Oklahoma City, Oklahoma 73102 

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, June 22, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

3(a)(1) First Bancshares of Texas, Inc., Midland, TX, to acquire First 

Midland Nevada Corp, Reno, NV, and First National Bank of 

Midland, Midland, TX* 

3(a)(1) First Midland Nevada Corp, Reno, NV, to acquire First National 

Bank of Midland, Midland, TX* 

CIC Conger Family Partnership, Ltd., Houston, TX, et al, to acquire 

an interest in Paris Bancshares, Inc., Paris, TX 

3(a)(5) Horizons Bancorp, Inc., Monroe, LA, to aquire American 

National Bancshares, Inc., Ruston, LA, and American Bank, 

N.A., Ruston, LA* 

3(a)(1) West Financial, Inc., El Paso, TX, to acquire Delaware West 

Financial, Inc., Dover, DE, and Bank of the West, El Paso, TX* 

3(a)(1) Delaware West Financial, Inc., Dover, DE, to acquire Bank of 

the West, El Paso, TX* 

Fed Reg – 07/19/2002 

Newspaper – N/Avail 

Fed Reg – 07/19/2002 

Newspaper – N/Avail 

Fed Reg – 07/08/2002 

Newspaper – 06/30/2002 

Fed Reg – 07/19/2002 

Newspaper – 07/10/2002 

Fed Reg – 07/19/2002 

Newspaper – N/Avail 

Fed Reg – 07/19/2002 

Newspaper – N/Avail 

*Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 depos itory 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 regul ation 

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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

908861 Security State Bank 

115 W. 3rd Street 

03/11/2002 06/24/2002 S X 

Pecos, Texas 79772-3133 

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, June 22, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

CIC Notice by Frederick K. Freeman, Betty J. Freeman, Suzanne L. Newspaper – N/Avail Fed 

McQuaid, Amy C. Schreck, and Bellevue Square Managers I Reg – 07/11/2002 

Limited Partnership, Bellevue, Washington, to retain ownership of 

15.85 percent of First Mutual Bancshares, Inc., Bellevue, 

Washington.* 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4(c)(8) Pacific Coast Bankers’ Bancshares, San Francisco, California, to Fed Reg – 07/09/2002 

engage in securities brokerage activities by acquiring 50.1 percent 

of Banc Investment Group, LLC, Walnut Creek, California. 

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

Type Application 

3(a)(5)(C) TODAY’S BANCORP, Inc., Vancouver, Washington, to become a 

bank holding company by acquiring 100 percent of TODAY’S 

BANK, Vancouver, 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 communit ies 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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

808260 Farmers & Merchants Bank of Central 02/19/2002 06/18/2002 O X 

California 

121 West Pine Street 

Lodi, California 95240 

(209) 334-1101 

The above listing has been prepared as a courtesy by the Federal Reserve Bank of San Francisco, and is not intended 

to replace formal notices required by statute or regulation; the Reserve Bank assumes no responsibility for errors or 

omissions. 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None