Federal Reserve Release

H.2

Actions of the Board, Its Staff,

and the Federal Reserve Banks; 

Applications and Reports Received

No. 47 

Week Ending November 22, 2008

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

Credit Derivatives -- statement by Patrick M. Parkinson, deputy director, Division of 

Research and Statistics, before the House Committee on Agriculture.

- Published, November 20, 2008

Effects of the Financial Crisis on Small Business -- statement by Governor Kroszner 

before the House Committee on Small Business.

- Published, November 20, 2008

Troubled Asset Relief Program and the Federal Reserve's Liquidity Facilities -- 

statement by Chairman Bernanke before the House Committee on Financial Services.

- Published, November 18, 2008

Monetary and Financial Policy

Term Auction Facility -- TAF auction in the amount of $150 billion in 28-day credit 

on November 17, 2008.

- Announced, November 17, 2008

Regulations And Policies

American International Group, Inc. -- report to the Congress under the Emergency 

Economic Stabilization Act of 2008 regarding the restructuring of financial support 

to the company.

- Approved, November 17, 2008

Enforcement

Bank of Montreal, Toronto, Canada -- issuance of a consent order of prohibition 

against David Lee, former managing director of the Commodities Trading Group and 

an institution-affiliated party of the Chicago, Illinois, branch of Bank of Montreal.

- Announced, November 18, 2008

H.2 Board Actions November 16, 2008 to November 22, 2008

(A/C) = Addition or Correction Board - Page 1 of 2
Enforcement

FirstBank Financial Services, Inc., McDonough, Georgia -- written agreement with 

the Federal Reserve Bank of Atlanta and the Banking Commissioner of the State of 

Georgia.

- Announced, November 19, 2008

Southern Community Bancshares, Inc., Fayetteville, Georgia -- written agreement 

with the Federal Reserve Bank of Atlanta and the Banking Commissioner of the State 

of Georgia.

- Announced, November 19, 2008

H.2 Board Actions November 16, 2008 to November 22, 2008

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

BS&R

C&CA

FOMC

Banking Supervision and Regulation

Consumer and Comminity Affairs

Federal Open Market Committee

RBOPS Reserve Bank Operations and Payment Systems

IF International Finance

OSDM Office of Staff Director for Management

November 16, 2008 to November 22, 2008

Bank Branches, Domestic

Arvest Bank, Fayetteville, Arkansas -- to establish a branch at Highway 412 East and 

Butterfield Coach Trail, Springdale.

St. Louis

- Approved, November 21, 2008

Southwest Bank, Fort Worth, Texas -- to establish a branch at 2200 West 7th Street, 

Fort Worth.

Dallas

- Approved, November 21, 2008

SunTrust Bank, Atlanta, Georgia -- to establish a branch at 8170 Stonewall Shops 

Square, Gainesville, Virginia.

Secretary

- Approved, November 21, 2008

Bank Holding Companies

Bank of America Corporation, Charlotte, North Carolina, and NB Holdings 

Corporation -- to acquire Bank of America Michigan, National Association (in 

organization), Troy, Michigan.

Richmond

- Withdrawn, November 21, 2008

(A/C) = Addition or Correction Delegated - 1 of 5
Bank Holding Companies

Bank of America Corporation, Charlotte, North Carolina, and NB Holdings 

Corporation -- to acquire Bank of America Illinois, National Association (in 

organization), Chicago, Illinois.

Richmond

- Withdrawn, November 21, 2008

Coastal Carolina Bancshares, Inc., Myrtle Beach, South Carolina -- to become a bank 

holding company and to acquire Coastal Carolina National Bank (in organization), 

Myrtle Beach.

Richmond

- Approved, November 21, 2008

Garnavillo Bank Corporation, Garnavillo, Iowa -- to engage in extending credit and 

servicing loans.

Chicago

- Approved, November 21, 2008

The Grace Investment Company, Inc. ESOP, Alva, Oklahoma -- to become a bank 

holding company and to acquire shares of Grace Investment Company, Inc. and 

thereby acquire Alva State Bank & Trust Company, Alva, and First National Bank in 

Okeene, Okeene.

Kansas City

- Approved, November 18, 2008

Harleysville National Corporation, Harleysville, Pennsylvania -- to acquire Willow 

Financial Bancorp, Inc., Wayne.

Philadelphia

- Approved, November 18, 2008

H.2 Actions under delegated authority November 16, 2008 to November 22, 2008

(A/C) = Addition or Correction Delegated - 2 of 5
Bank Holding Companies

Hoosier Heartland State Bancorp, Crawfordsville, Indiana -- to become a bank 

holding company and to acquire Linden State Bancorp, Linden, and thereby acquire 

Linden State Bank, and to acquire New Ross Bancorp, New Ross, and thereby 

acquire Farmers State Bank.

Chicago

- Approved, November 18, 2008

National Bancshares, Inc., Bettendorf, Iowa -- waiver of application to acquire First 

Wisconsin Bank and Trust, Brookfield, Wisconsin, in connection with its merger 

with National's subsidiary bank, The National Bank, Moline, Illinois.

Chicago

- Granted, November 21, 2008

Regent Bancorp, Inc., Davie, Florida -- to acquire Regent Bank (in organization), 

Greenville, South Carolina, and thereby engage in operating a savings association.

Atlanta

- Approved, November 19, 2008

Bank Mergers

Bank of Essex, Tappahannock, Virginia -- to acquire certain assets and assume 

certain liabilities of The Community Bank, Loganville, Georgia.

Richmond

- Approved, November 21, 2008

H.2 Actions under delegated authority November 16, 2008 to November 22, 2008

(A/C) = Addition or Correction Delegated - 3 of 5
Banks, Foreign

Development Bank of Japan, Tokyo, Japan -- request for a determination that its 

successor institution, Development Bank of Japan Inc., is not a foreign bank for 

purposes of the representative-office provisions of Regulation K (International 

Banking Operations).

Director, BS&R

- Approved, November 20, 2008

Japan Bank for International Cooperation, Tokyo, Japan -- request for a 

determination that its successor institution, Japan Finance Corporation, is not a 

foreign bank for purposes of the representative-office provisions of Regulation K 

(International Banking Operations).

Director, BS&R

- Approved, November 20, 2008

Change In Bank Control

CenterBank, Inc., Jacksonville, Florida -- change in bank control of CenterBank and 

its subsidiary bank, Centerbank of Jacksonville, N.A., Jacksonville.

Atlanta

- Permitted, November 21, 2008

Grace Investment Company, Inc., Alva, Oklahoma -- to retain control of Grace and 

its subsidiary banks, Alva State Bank, Alva, and First National Bank in Okeene, 

Okeene.

Kansas City

- Permitted, November 18, 2008

H.2 Actions under delegated authority November 16, 2008 to November 22, 2008

(A/C) = Addition or Correction Delegated - 4 of 5
Change In Bank Control

Kirksville Bancorp, Inc., Kirksville, Missouri -- to retain control of Kirksville and its 

subsidiary bank, American Trust Bank, Kirksville.

St. Louis

- Permitted, November 18, 2008

Regulations And Policies

Federal Open Market Committee -- minutes of the meeting on October 28 and 29 and 

of the conference calls on September 29 and October 7, 2008.

FOMC

- Published, November 19, 2008

Regulation CC -- technical amendments to Appendix A to reflect the restructuring of 

check processing operations in the Chicago Federal Reserve District.

Secretary

- Approved, November 18, 2008

H.2 Actions under delegated authority November 16, 2008 to November 22, 2008

(A/C) = Addition or Correction Delegated - 5 of 5
District: 1

Federal Reserve Bank of Boston

Filings received during the week ending November 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

NONE

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

Federal Reserve Bank of Boston

Availability of CRA Public Evaluations 

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

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

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

periodically. That record is taken into account in considering an institution's application for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for First Quarter of 2009 (January 1, 2009 - March 31, 2009)

Institution Location

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

Federal Reserve Bank of New York

Filings received during the week ending November 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Manufacturers and Traders Trust Company, 11/30/2008

Buffalo, New York requests to establish 

branches at(i) 19209 A-B Chennault Way, 

Gaithersbury, Montgomery County, Maryland; 

(ii)5910 Executive Boulevard, Rockville, 

Montgomery County, Maryland; (iii) 910 South 

Richland Avenue, Spring Garden Township, 

York County, Pennsylvania.

MANUFACTURERS AND 

TRADERS TRUST COMPANY

Newspaper:

Federal Register:

FBSEA

Not applicable

Mizuho Corporate Bank, Ltd, Tokyo, Japan, to 12/12/2008

upgrade its Los Angeles agency to a branch 

pursuant to Section 5(a)(7)(B) of the 

International Banking Act and Section 211.24(a)

(2)(i)(A) of Regulation K.

MIZUHO CORPORATE BANK, 

LTD.

Newspaper:

Federal Register:

* 3A3 Not available

12/04/2008

Morgan Stanley, New York, New York to 

acquire up to 9.9 percent of the common stock 

of Heritage Bank, N.A. (in organization), New 

York, New York.

MORGAN STANLEY

Newspaper:

Federal Register:

4c8 Not applicable

12/08/2008

Standard Chartered Bank, London, England, to 

engage through its subsidiary, Standard 

Chartered Securities (North America) Inc., New 

York, New York, in certain de novo activities 

pursuant to Sections 225.28(b)(6)(i); (b)(6)(ii); 

(b)(6)(iv); (b)(7)(i); (b)(7)(ii); (b)(7)(v) and (b)(8)

(i) of Regulation Y.

STANDARD CHARTERED BANK

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

Federal Reserve Bank of New York

Availability of CRA Public Evaluations 

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

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

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

periodically. That record is taken into account in considering an institution's application for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for First Quarter of 2009 (January 1, 2009 - March 31, 2009)

Institution Location

AMBOY BK OLD BRIDGE, NEW JERSEY

BANCO POPULAR N AMER NEW YORK, NEW YORK

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

Federal Reserve Bank of Philadelphia

Filings received during the week ending November 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 12/15/2008

12/12/2008

Cornerstone Financial Corporation, Mount 

Laurel, NJ, to form a bank holding company by 

acquiring Cornerstone Bank, Mount Laurel, NJ.

CORNERSTONE FINANCIAL 

CORPORATION

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

Federal Reserve Bank of Philadelphia

Availability of CRA Public Evaluations 

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

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

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

periodically. That record is taken into account in considering an institution's application for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

 2580243 AMERICAN BK, ALLENTOWN, PENNSYLVANIA 06/16/2008 11/11/2008 S Large Bank

CRA Examinations scheduled for First Quarter of 2009 (January 1, 2009 - March 31, 2009)

Institution Location

FLEETWOOD BK FLEETWOOD, PENNSYLVANIA

SUSQUEHANNA BK PA LITITZ, PENNSYLVANIA

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

Federal Reserve Bank of Cleveland

Filings received during the week ending November 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Application by Farmers Citizens Bank, Bucyrus, 12/04/2008

OH to establish a branch at 2821 Fishinger 

Road, Columbus, OH.

FARMERS CITIZENS BANK, THE

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

Federal Reserve Bank of Cleveland

Availability of CRA Public Evaluations 

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

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

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

periodically. That record is taken into account in considering an institution's application for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for First Quarter of 2009 (January 1, 2009 - March 31, 2009)

Institution Location

MADISON BK RICHMOND, KENTUCKY

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

Federal Reserve Bank of Richmond

Filings received during the week ending November 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Farmers & Merchants Bank, Timberville, 12/03/2008

Virginia, proposes to operate a courier service in 

Augusta County, and the cities of Staunton and 

Waynesboro, Virginia.

FARMERS & MERCHANTS 

BANK

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

Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations 

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

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

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

periodically. That record is taken into account in considering an institution's application for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for First Quarter of 2009 (January 1, 2009 - March 31, 2009)

Institution Location

BANK OF THE COMMONWEALTH NORFOLK, VIRGINIA

BANK OF VA MIDLOTHIAN, VIRGINIA

CITIZENS CMNTY BK SOUTH HILL, VIRGINIA

COLONIAL VA BK GLOUCESTER, VIRGINIA

FARMERS BK WINDSOR VA WINDSOR, VIRGINIA

FRONTIER CMNTY BK WAYNESBORO, VIRGINIA

MINERS EXCH BK COEBURN, VIRGINIA

PAGE VALLEY BK LURAY, VIRGINIA

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

Federal Reserve Bank of Atlanta

Filings received during the week ending November 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

12/22/2008

Independent Bancshares, Inc. Employee Stock 

Ownership Plan, Red Bay, Alabama, to acquire 

26.46 percent of the outstanding shares of 

Independent Bancshares, Inc., and its 

subsidiaries, Community Spirit Bank, both of 

Red Bay, Alabama, along with Spirit 

Bancshares, Inc., and Spirit Bank, both of 

Belmont, Mississippi.

INDEPENDENT BANCSHARES, 

INC. EMPLOYEE STOCK 

OWNERSHIP PLAN

Newspaper:

Federal Register:

* 3A1 12/19/2008

12/12/2008

Protective Life Corporation, Birmingham, 

Alabama, to become a bank holding company 

by acquiring 100 percent of the outstanding 

shares of Bonifay Holding Company, Inc., and 

its subsidiary, The Bank of Bonifay, both of 

Bonifay, Florida.

PROTECTIVE LIFE 

CORPORATION

Newspaper:

Federal Register:

* Branch

Not applicable

SunTrust Bank, Atlanta, Georgia, to establish a 12/01/2008

branch located at 11255 State Road 70 E, 

Bradenton, Florida, to be known as the 

Lakewood Walk Office.

SUNTRUST BANK

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

Federal Reserve Bank of Atlanta

Availability of CRA Public Evaluations 

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

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

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

periodically. That record is taken into account in considering an institution's application for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

 749635 AUBURNBANK, AUBURN, ALABAMA 07/21/2008 11/11/2008 S Int Sm Bank

CRA Examinations scheduled for First Quarter of 2009 (January 1, 2009 - March 31, 2009)

Institution Location

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

Federal Reserve Bank of Chicago

Filings received during the week ending November 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

City State Bank, Odgen, Iowa, to merge with 

Ames Community Bank, Ames, Iowa, and 

Community Bank of Boone, Boone, Iowa. As a 

result of these mergers, all offices of Ames 

Community Bank and Community Bank of 

Boone will become offices of City State Bank.

CITY STATE BANK

Newspaper:

Federal Register:

* Branch

Not applicable

First Chicago Bank & Trust, Itasca, Illinois, to 11/15/2008

establish a branch facility to be located at 1040 

W. Randolph, Chicago, Illinois.

FIRST CHICAGO BANK & 

TRUST

Newspaper:

Federal Register:

* 3A3 Not available

12/04/2008

First Community Financial Partners, Inc., Joliet, 

Illinois, to acquire at least 50.1 percent of the 

voting shares of Burr Ridge Bank and Trust (in 

organization), Burr Ridge, Illinois.

FIRST COMMUNITY 

FINANCIAL PARTNERS, INC.

Newspaper:

Federal Register:

* 3A1

4c8

11/29/2008

12/04/2008

Golden Eagle Bancorp, Inc., Woodstock, 

Illinois, to become a bank holding company by 

acquiring 100 percent of the voting shares of 

Golden Eagle Community Bank, Woodstock, 

Illinois, and thereby to engage in extending 

credit and servicing loans.

GOLDEN EAGLE BANCORP, INC.

Newspaper:

Federal Register:

* 3A3 12/12/2008

12/22/2008

Grant County State Bancshares, Inc. Employee 

Stock Ownership Plan, Swayzee, Indiana, to 

increase its ownership to 41.6 percent of the 

voting shares of Grant County State 

Banschares, Inc., Swayzee, Indiana, and thereby 

indirectly increase its ownership of Grant 

County State Bank, Swayzee, Indiana.

GRANT COUNTY STATE 

BANCSHARES, INC, 

EMPLOYEES STOCK 

OWNERSHIP PLAN

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

Paramount Bank, Farmington Hills, Michigan, to 

merge with Paramount Bank, Las Vegas, 

Nevada, and thereby to establish a branch at 

7795 West Sahara Avenue, Las Vegas, Nevada.

PARAMOUNT BANK

Newspaper:

Federal Register:

* 3A3 Not available

11/28/2008

Peoples Bancorp, Inc., Prairie du Chien, 

Wisconsin, to acquire 100 percent of the voting 

shares of Security State Bank, Guttenberg, Iowa.

PEOPLES BANCORP, INC.

Newspaper:

Federal Register:

* 3A1 11/21/2008

11/28/2008

White River Capital, Inc., Indianapolis, Indiana, 

to become a bank holding company by 

acquiring 100 percent of the voting shares of 

First Chicago Bancorp, Itasca, Illinois, and 

thereby indirectly acquire First Chicago Bank & 

Trust, Itasca, Illinois.

WHITE RIVER CAPITAL, INC.

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

Federal Reserve Bank of Chicago

Availability of CRA Public Evaluations 

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

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

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

periodically. That record is taken into account in considering an institution's application for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for First Quarter of 2009 (January 1, 2009 - March 31, 2009)

Institution Location

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

Federal Reserve Bank of St. Louis

Filings received during the week ending November 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

NONE

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

Federal Reserve Bank of St. Louis

Availability of CRA Public Evaluations 

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

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

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

periodically. That record is taken into account in considering an institution's application for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for First Quarter of 2009 (January 1, 2009 - March 31, 2009)

Institution Location

CAPITAL BK LITTLE ROCK, ARKANSAS

CITY B&TC OF MOBERLY MOBERLY, MISSOURI

COMMUNITY BK LEXINGTON, TENNESSEE

FIRST ST BK OF ST ROBERT SAINT ROBERT, MISSOURI

MID AMERICA B&TC DIXON, MISSOURI

PEOPLES BK OF ALTENBURG ALTENBURG, MISSOURI

SOUTHERN BC BK RULEVILLE, MISSISSIPPI

SOUTHERN BK OF COMMERCE PARAGOULD, ARKANSAS

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

Federal Reserve Bank of Minneapolis

Filings received during the week ending November 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

12/09/2008

Notice by John E. Post, Coon Rapids, 

Minnesota, to gain control of Community Pride 

Bank Corporation, Ham Lake, Minnesota, and 

thereby indirectly gain control of Community 

Pride Bank, Isanti, Minnesota.

COMMUNITY PRIDE BANK 

CORPORATION

Newspaper:

Federal Register:

* Branch

Not applicable

Security Financial Bank, Durand, Wisconsin, to 11/29/2008

establish a branch facility to be located at 3506 

Oakwood Mall Drive, Suite A, Eau Claire, 

Wisconsin.

SECURITY FINANCIAL BANK

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

Federal Reserve Bank of Minneapolis

Availability of CRA Public Evaluations 

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

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

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

periodically. That record is taken into account in considering an institution's application for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for First Quarter of 2009 (January 1, 2009 - March 31, 2009)

Institution Location

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

Federal Reserve Bank of Kansas City

Filings received during the week ending November 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 12/03/2008

12/12/2008

Union State Banc Holding Company, Clay 

Center, Kansas, to become a bank holding 

company through the acquisition of 100 percent 

of the voting shares of Union State Bank, Clay 

Center, Kansas.

UNION STATE BANC HOLDING 

COMPANY

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

Federal Reserve Bank of Kansas City

Availability of CRA Public Evaluations 

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

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

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

periodically. That record is taken into account in considering an institution's application for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

 42055 ANADARKO B&TC, ANADARKO, OKLAHOMA 08/18/2008 11/17/2008 S Small Bank

CRA Examinations scheduled for First Quarter of 2009 (January 1, 2009 - March 31, 2009)

Institution Location

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

Federal Reserve Bank of Dallas

Filings received during the week ending November 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Big Country Bancshares, Inc., Abilene, Texas, to 

become a bank holding company by acquiring 

100 percent of Citizens Bank, N.A., Abilene, 

Texas.

BIG COUNTRY BANCHSHARES, 

INC.

Newspaper:

Federal Register:

* 3A1 12/08/2008

12/05/2008

The Frost National Bank, San Antonio, Texas, to 

establish a branch to be located in George Town, 

Grand Cayman, Cayman Islands.

FROST NATIONAL BANK, THE Newspaper:

Federal Register:

Foreign Branch Not applicable

Not applicable

Independent Bank Group, Inc., McKinney, Texas, 

to acquire by merger 100 percent of Independent 

Bank Group Central Texas, Inc., McKinney, 

Texas, and indirectly acquire Independent Bank, 

Waco, Texas.

INDEPENDENT BANK GROUP, 

INC.

Newspaper:

Federal Register:

* 3A5 Not available

12/04/2008

Notice by David 0. Rogers, Jr. and Dora Rogers 

of Edinburg, Texas, Saul and Kellye Ortega of 

Edinburg, Texas, and Arturo and Sonja Ortega of 

Weslaco, Texas, to acquire shares of, and 

thereby control, MNB Ventures, Inc., Mercedes, 

Texas, which controls Texas National Bank, 

Mercedes, Texas.

MNB VENTURES, INC. Newspaper:

Federal Register:

CIC Not available

11/20/2008

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

Federal Reserve Bank of Dallas

Availability of CRA Public Evaluations 

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

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

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

periodically. That record is taken into account in considering an institution's application for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

 3129902 INDEPENDENT BK OF TX, IRVING, TEXAS 08/11/2008 11/07/2008 S Small Bank

CRA Examinations scheduled for First Quarter of 2009 (January 1, 2009 - March 31, 2009)

Institution Location

CITIZENS BK SLATON, TEXAS

FIRST ST BK ABILENE, TEXAS

TEXAS STAR BK VAN ALSTYNE, TEXAS

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

Federal Reserve Bank of San Francisco

Filings received during the week ending November 22, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3

* 3A1

12/07/2008

12/15/2008

Carpenter Fund Manager GP LLC, Carpenter 

Fund Management Company LLC, Carpenter 

Community Bancfund L.P., Carpenter 

Community Bancfund-A L.P., Carpenter 

Community Bancfund-CA L.P., CCFW, Inc., and 

SCJ, Inc., all of Irvine California, to acquire PB 

Holdings, Inc., Wilmington, Delaware, and 

indirectly acquire at least 54 percent of Plaza 

Bank, Irvine, California. Additionally, PB 

Holdings, Inc., Wilmington, Delaware, to 

become a bank holding company by acquiring 

at least 54 percent of Plaza Bank, Irvine, 

California.

CARPENTER FUND MANAGER 

GP, LLC

Newspaper:

Federal Register:

CIC 12/04/2008

10/29/2008

Notice by Fife Commercial Bank 401K ESOP to 

acquire up to 20 percent of Puget Sound 

Financial Services, Inc., both of Fife, 

Washington.

FIFE COMMERCIAL BANK 401K 

ESOP

Newspaper:

Federal Register:

* 3A1 Not available

Member

4c8

12/12/2008

Marlin Business Services Corp., Mount Laurel, 

New Jersey, to: 1) become a bank holding 

company upon the conversion of Marlin 

Business Bank, Salt Lake City, Utah, from an 

industrial bank to a commercial bank, pursuant 

to section 3(a)(1) of the Bank Holding Company 

Act; 2) Marlin Business Services Corp. to 

engage indirectly in equipment leasing services 

through Marlin Leasing Corporation, both of 

Mount Laurel, New Jersey, pursuant to section 

225.28(b)(3) of Regulation Y and 4(c)(8) of the 

Bank Holding Company Act; and 3) Marlin 

Business Bank, Salt Lake City, Utah, to become 

a member of the Federal Reserve System.

MARLIN BUSINESS SERVICES 

CORP.

Newspaper:

Federal Register:

* 3A1 Not available

4c8 12/18/2008

Tamalpais Bancorp to: 1) become a bank 

holding company upon the conversion of 

Tamalpais Bank, both of San Rafael, California, 

from an industrial bank to a commercial bank, 

pursuant to section 3(a)(1) of the Bank Holding 

Company 

Act; and 2)engage in financial and investment 

advisory activities through Tamalpais Wealth 

Advisors, San Rafael, California, pursuant to 

sections 4(c)(8) of the Bank Holding Company 

Act, and 225.28(6)(i) of Regulation Y.

TAMALPAIS BANCORP

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

Federal Reserve Bank of San Francisco

Availability of CRA Public Evaluations 

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

which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and 

is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

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

periodically. That record is taken into account in considering an institution's application for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for First Quarter of 2009 (January 1, 2009 - March 31, 2009)

Institution Location

AMERICAN SCTY BK SANTA ANA, CALIFORNIA

BANK OF HAWAII HONOLULU, HAWAII

BANK OF UT OGDEN, UTAH

COUNTY BK MERCED, CALIFORNIA

FARMERS & MRCH BK LONG BEACH, CALIFORNIA

FIRST UT BK SALT LAKE CITY, UTAH

HERITAGE BK OF CMRC SAN JOSE, CALIFORNIA

* Subject to the provisions of the Community Reinvestment Act