Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 7 

Week Ending February 15, 2003 

Board of Governors of the Federal Reserve System, Washington, DC 20551 
H.2 Board Actions February 9, 2003 to February 15, 2003 

Bank Holding Companies 

The Goldman Sachs Group, Inc., New York, New York -- determination that Goldman 

would not be deemed to have acquired control of Sumitomo Mitsui Financial Group, Inc., 

Tokyo, Japan, for purposes of the Bank Holding Company Act as a result of Goldman's 

proposed investment in, and business relationships with, Sumitomo. 

- Approved, February 4, 2003 (AC) 

Forms 

Suspicious Activity Report (FR 2230) -- extension with revision. 

- Approved, February 13, 2003 

Enforcement 

CoreStates Financial, Philadelphia, Pennsylvania -- order of prohibition against Marion L. 

Butler, a former employee and institution-affiliated party. 

- Announced, February 13, 2003 

Key Bank, N.A., Cleveland, Ohio -- order of prohibition against Cynthia Rowe, a former 

employee of the bank. 

- Announced, February 13, 2003 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority February 9, 2003 to February 15, 2003 

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 

Chicago 

1st Source Bank, South Bend, Indiana -- to establish a branch at 926 Erskine Plaza. 

- Withdrawn, February 14, 2003 

St. Louis 

Arvest Bank, Fayetteville, Arkansas -- to establish a branch at 5201 Southwest Lee 

Boulevard, Lawton, Oklahoma. 

- Approved, February 12, 2003 

Cleveland 

Fifth Third Bank, Grand Rapids, Michigan -- to establish a branch at 2121 North 

Richmond, McHenry, Illinois. 

- Approved, February 14, 2003 

Chicago 

Heritage Community Bank, Columbus, Indiana -- to establish a branch at 1665 National 

Road. 

- Approved, February 14, 2003 

Bank Holding Companies 

Chicago 

Amtrust, Inc., Dubuque, Iowa -- to acquire shares of United American Bank, San 

Mateo, California, a de novo bank. 

- Approved, February 12, 2003 

Atlanta 

Coast Financial Holdings, Inc., Bradenton, Florida -- to become a bank holding company 

through the acquisition of Coast Bank of Florida. 

- Approved, February 10, 2003 

New York 

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

Hollywood, Florida, and PanAmerican Bank. 

- Approved, February 11, 2003 

(AC) = Addition or Correction Delegated - Page 1 of 4 
H.2 Actions under delegated authority February 9, 2003 to February 15, 2003 

Bank Holding Companies 

Atlanta 

First Commerce Community Bankshares, Inc., Douglasville, Georgia -- to become a 

bank holding company through the acquisition of First Commerce Community Bank, a de 

novo bank. 

- Approved, February 12, 2003 

Chicago 

First Mutual Bancorp of Illinois, Inc., Harvey, Illinois -- to acquire shares of Security 

Bancorp of Dupage, Inc., Naperville, and thereby acquire Security Bank of Dupage. 

- Approved, February 12, 2003 

St. Louis 

Atlanta 

Atlanta 

Dallas 

Frontenac Bancshares, Inc., Earth City, Missouri -- to become a bank holding company 

through the acquisition of Frontenac Bank. 

- Approved, February 10, 2003 

Iberiabank Corporation, New Iberia, Louisiana -- to acquire shares of Cadence 

Holdings, LLC, Lafayette. 

- Withdrawn, February 11, 2003 

Iberiabank Corporation, New Iberia, Louisiana, and Iberiabank -- for Iberiabank 

Corporation to merge with Acadiana Bancshares, Inc., Lafayette, and thereby acquire its 

subsidiary, LBA Savings Bank; and for Iberiabank, New Iberia, to merge with LBA 

Savings Bank. 

- Approved, February 12, 2003 

Kenco Capital, Inc., Wilmington, Delaware -- to become a subsidiary holding company 

of Kenco Bancshares, Inc., Jayton, Texas, through the acquisition of Kent County State 

Bank. 

- Registration granted, February 11, 2003 

(AC) = Addition or Correction Delegated - Page 2 of 4 
H.2 Actions under delegated authority February 9, 2003 to February 15, 2003 

Bank Holding Companies 

San Francisco 

Utah Community Bancorp, Sandy, Utah -- to become a bank holding company through 

the acquisition of Utah Community Bank. 

- Approved, February 10, 2003 

Bank Premises 

Richmond 

Traders Bank, Spencer, West Virginia -- to increase its investment in bank premises. 

- Approved, February 10, 2003 

Competitive Factors Reports 

Richmond 

Bank of Granite, Granite Falls, North Carolina -- report on competitive factors of the 

proposed merger with First Commerce Bank, Charlotte. 

- Submitted, February 10, 2003 

New York 

J.P. Morgan Chase Interim National Bank, Chicago, Illinois -- report on competitive 

factors of the proposed merger with The Chase Manhattan Trust Company of Illinois. 

- Submitted, February 11, 2003 

Chicago 

Liberty Bank, FSB, Arnolds Park, Iowa -- report on competitive factors of the proposed 

merger with Hancock County Bank & Trust, Garner. 

- Submitted, February 10, 2003 

Cleveland 

May National Bank of Ohio, Lorain, Ohio -- report on competitive factors of the 

proposed merger with May National Bank of Arizona, Phoenix, Arizona. 

- Submitted, February 12, 2003 

Cleveland 

Mellon Bank, N.A., Pittsburgh, Pennsylvania -- report on competitive factors of the 

proposed merger with Mellon Bank (DE), National Association, Greenville, Delaware. 

- Submitted, February 13, 2003 

(AC) = Addition or Correction Delegated - Page 3 of 4 
H.2 Actions under delegated authority February 9, 2003 to February 15, 2003 

Competitive Factors Reports 

Cleveland 

The Union Bank Company, Columbus Grove, Ohio -- reports on competitive factors of 

the proposed mergers with three branches of RFC Banking Company, Findlay, and with 

The Bank of Leipsic Company, Leipsic, and Citizens Bank of Delphos, Delphos. 

- Submitted, February 12, 2003 

Extensions Of Time 

Kansas City 

Citizens Bancshares, Inc., ESOP, Edmond, Oklahoma -- extension to February 26, 

2003, to become a bank holding company through the acquisition of shares of Citizens 

Bancshares, Inc. 

- Granted, February 10, 2003 

Minneapolis 

The Yellowstone Bank, Laurel, Montana -- extension to February 22, 2004, to establish 

a branch at Shiloh Road and Avenue B, Billings. 

- Granted, February 13, 2003 

Financial Holding Companies 

St. Louis 

Ozarks Heritage Financial Group, Inc., Gainesville, Missouri -- election to become a 

financial holding company. 

- Effective, February 12, 2003 

International Operations 

Richmond 

Bank of America, National Association, Charlotte, North Carolina -- to increase its 

investment in Bank of America Brasil S.A., Sao Paulo, Brazil, through its Edge 

corporations, BankAmerica International Financial Corporation and Bank of America 

Overseas Corporation. 

- Approved, February 14, 2003 

(AC) = Addition or Correction Delegated - Page 4 of 4 
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, February 15, 2003 

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 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 Second Quarter of 2003 

Institution Location 

Community Guaranty Savings Bank Plymouth, New Hampshire 

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, February 15, 2003 

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 

4(c)(8) The Sumitomo Trust & Banking Co., Ltd, Osaka, Japan, to 

engage de novo in Trust Company activities through Sumitomo 

Trust & Banking Co. (USA). 

Fed Reg – N/Avail 

4(c)(8) Commerzbank AG, Frankfurt, Germany, to engage directly or 

indirectly in certain nonbanking activities through its existing 

wholly-owned U.S. broker-dealer subsidiary, Commerzbank 

Capital Markets Corporation, New York, New York. 

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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Second Quarter of 2003 

Institution Location 

Great Eastern Bank 235 Fifth Avenue, New York, New York 

The Bank of New York One Wall Street, New York, New York 
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, February 22, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period

Branch Orrstown Bank, Orrstown, PA, to establish a branch office at Newspaper - 02/26/2003 

1355 Orchard Drive, Borough of Chambersburg, Franklin, PA 

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 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 Second Quarter of 2003 

Institution Location 

AmeriServ Johnstown, PA 

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 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, February 15, 2003 

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 

Prior Notice Key Equipment Finance International, Inc., Superior, CO 

proposes to make equity investments up to US $632 million and 

establish two subsidiaries: Key Nava Scotia Funding Company, 

Halifax, Nova Scotia, Canada and Key Canada Funding Ltd., 

Calgary, Canada, pursuant to Section 211.9 of Regualtion K. 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

612618 Provident Bank 

1 East Fourth Street 

Cincinnati, Ohio 45202 

615217 North Side Bank and Trust Company 

4125 Hamilton Avenue 

Cincinnati, Ohio 45223 

560214 The Corn City State Bank 

201 Main Street 

Deshler, Ohio 43516 

504311 Genoa Banking Company 

801 Main Street 

Genoa, Ohio 43430 

03/11/2002 01/13/2003 S X 

11/04/2002 01/28/2003 S X 

11/12/2002 01/28/2003 S X 

11/18/2002 02/10/2003 O X 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, February 15, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) The First Bank and Trust Company, Lebanon, Virginia, to Newspaper - 03/12/2003 

merge with First Commonwealth Bank, Wise, Virginia.* 

*Subject to the provisions of the Community Reinvestment Act. 

Section II – Applications subject to both newspaper and Fede ral Register notice 

Ending date of 

Type Application comment period 

3(a)(3) Uwharrie Capital Corp, Concord, North Carolina, to acquire 

100% of the voting shares of Cabarrus Bank & Trust Company, 

Concord, North Carolina.* 

3(a)(3) First Bancorp, Inc., Lebanon, Virginia, to acquire 100% of the 

voting shares of First Commonwealth Bank, Wise, Virginia.* 

3(a)(3) Virginia Financial Group, Inc., Culpeper, Virginia, to acquire 

9.9% of the voting shares of Albemarle First Bank, 

Charlottesville, Virginia.* 

Fed Reg - 03/10/2003 

Newspaper - N/Avail 

Fed Reg - 03/14/2003 

Newspaper - 03/12/2003 

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 

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 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 Second Quarter of 2003 

Institution Location 

Pamplico Bank & Trust Co.

James Monroe Bank

Alliance Bank Corporation

Capital One Bank

Chesapeake Bank

The Bank of Marion

Farmers & Merchants Bank of Craig County

Farmers & Miners Bank

The Capon Valley Bank

Pamplico, South Carolina

Arlington, Virginia

Fairfax, Virginia

Glen Allen, Virginia

Kilmarnock, Virginia

Marion, Virginia

New Castle, Virginia

Pennington Gap, Virginia

Wardensville, West Virginia

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 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, February 15, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Orion Bank, Naples, Florida, to establish a branch located at 

2815 University Parkway, Sarasota, Florida, to be known as the 

University Walk Office.* 

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

825 Martin Luther King Junior Drive, Suite C, Atlanta, Georgia, 

to be known as the Westside Village Office.* 

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

the intersection of Elden and Post Drive, Herndon, Virginia, to 

be known as the Herndon Safeway In-Store Office.* 

Newspaper-02/21/2003 

Newspaper-02/20/2003 

Newspaper-02/20/2003 

*Subject to 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)(5) F.N.B. Corporation, Naples, Florida, to merge with Charter Newspaper-03/03/2003 

Banking Corp., and thereby acquire its subsidiary, Southern Fed Reg-03/14/2003 

Exchange Bank, both of Tampa, Florida.* 

*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 

3(a)(1) Bank of Commerce Holdings, Inc., Sarasota, Florida, notice to 

become a bank holding company by acquiring The Bank of 

Commerce, Sarasota, Florida. 

COM East Alabama Financial Group, Inc., Wedowee, Alabama, 

commitment waiver request. 

USBR Compass Bank, Birmingham, Alabama, to establish a branch 

located in Grand Cayman, Grand Cayman Island. 

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 Second Quarter of 2003 

Institution Location 

Compass Bank Birmingham, Alabama 

Cavalry Bank Murfreesboro, Tennessee 

Bank of Gueydan Gueydan, Louisiana
Section VI – CRA examinations scheduled for Second Quarter of 2003 

Institution Location 

Merchants & Farmers Bank

Bank of Dadeville

SouthTrust Bank

Iberia Bank

First Georgia Community Bank

The Farmers Bank

Bank of York

Farmers & Merchants Bank

Southern Exchange Bank

Eutaw, Alabama 

Dadeville, Alabama 

Birmingham, Alabama 

New Iberia, Louisiana 

Jackson, Georgia 

Union Point, Georgia 

York, Alabama 

Centre, Alabama 

Tampa, Florida 

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 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, February 15, 2003

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) First Banking Center, Burlington, Wisconsin, to purchase the 

assets and assume liabilities of the Walworth branch of North 

Shore Bank, FSB, Brookfield, Wisconsin.*

Newspaper – N/Avail

Branch 1st Source Bank, South Bend, Indiana, to establish a branch 

facility to be located at 926 Erskine Plaza, South Bend, 

Indiana.*

Newspaper – 02/18/2003

* 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 by the Eldred 2002 Family Trust, Beloit, Wisconsin, and 

Co-Trustees Helen M. Eldred, Beloit, Wisconsin, Susan E. 

Boettcher, Wauwatosa, Wisconsin, Steven M. Eldred, Beloit, 

Wisconsin, and Richard J. Langer, Madison, Wisconsin, to 

acquire control of Centre 1 Bancorp, Inc., Beloit, Wisconsin, 

and thereby indirectly acquire First National Bank and Trust 

Company of Beloit, Beloit, Wisconsin.

Fed Reg – 02/10/2003

Newspaper – N/Avail

3(a)(3) Iroquois Bancorp, Inc., Gilman, Illinois, to acquire 42.19 percent 

of the voting shares of JW Bancorp, Inc., Winchester, Illinois, 

and thereby indirectly acquire John Warner Financial 

Corporation, Clinton, Illinois and The John Warner Bank, 

Clinton, Illinois.*

Fed Reg – N/Avail

Newspaper – N/Avail

3(a)(1) JW Bancorp, Inc., Winchester, Illinois, to become a bank 

holding company by acquiring 100 percent of the voting shares 

of John Warner Financial Corporation, Clinton, Illinois, and 

thereby indirectly acquire The John Warner Bank, Clinton, 

Illinois.*

Fed Reg – N/Avail

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

Type Application

Ending date of

comment period

CIC Notice by Ronald W. Plassman, Fort Wayne, Indiana, to acquire 

an additional 1,360 shares or 34 percent and thereby increase his 

aggregate ownership to 54 percent, of Knisely Financial Corp., 

Butler, Indiana, and thereby indirectly acquire Knisely Bank, 

Butler, Indiana.

Fed Reg – 02/24/2003

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.
Section V – Availability of CRA public evaluations

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

209139 NAB Bank

222 W. Cermak Road

Chicago, Illinois 60616

(312) 225-5991

09/23/2002 02/10/2003 S X

1007846 First Midwest Bank

555 W. Dundee Road

Buffalo Grove, Illinois 60089

(847) 398-1515

04/08/2002 02/11/2003 O X

2360904 Pacific Global Bank

2323 S. Wentworth Avenue

Chicago, Illinois 60616

(312) 225-2323

10/07/2002 02/12/2003 S x

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, February 15, 2003 

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 Reuben S. Rhea, Sr., Reuben S. Rhea, Jr., and the Newspaper – 03/03/2003 

Whitney Burnette Rhea Trust, all of Somerville, Tennessee, as a Fed Reg – 03/05/2003 

group, to gain control of Moscow Bancshares, Inc., Moscow, 

Tennessee. 

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 

Premises First State Bank of De Queen, De Queen, Arkansas, to increase 

its investment in premises in the amount of $160,000, for pro 

forma investment in premises of $2.71 million, representing 173 

percent of capital stock and surplus. 
Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Second Quarter of 2003 

Institution Location 

Pulaski Bank and Trust Company

The Bank of Yellville

Effingham State Bank

The Elberfeld State Bank

Fifth Third Bank, Kentucky, Inc.

Cass Commercial Bank

Lindell Bank & Trust Company

Bank of Dyer

The Bank of Jackson

Little Rock, Arkansas 

Yellville, Arkansas 

Effingham, Illinois 

Elberfeld, Indiana 

Louisville, Kentucky 

Bridgeton, Missouri 

St. Louis, Missouri 

Dyer, Tennessee 

Jackson, Tennessee 

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 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, February 15, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18c & Branch State Bank of La Crosse, La Crosse, Wisconsin to merge with Newspaper- 3/15/2003 

First National Bank, La Crescent, Minnesota, and incident 

thereto establish a branch facility in La Crescent, Minnesota.* 

* 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 

CIC Notice by Philip R. Forstrom, Clara City, Minnesota, Perry D. Fed Reg- 2/28/2003 

Forstrom, Spicer, Minnesota, and John T. Forstrom, Newspaper-2/25/2003 

Independence, Minnesota; as a group acting in concert, to gain 

control of First State Agency of Lake Lillian, Inc., Lake Lillian, 

Minnesota, and thereby indirectly gain control of First State 

Bank, Lake Lillian, Minnesota. 

* 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 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 Second Quarter of 2003 

Institution Location 

The State Savings Bank of Manistique

Central Savings Bank 

Crow River State Bank

Kanabec State Bank

Belt Valley Bank

The First State Bank of Malta

Montana State Bank

First Valley Bank

Dacotah Bank-Valley City

Pioneer Bank & Trust

Merchants State Bank

BankFirst

Manistique, Michigan

Saulte Ste. Marie, Michigan

Delano, Minnesota

Mora, Minnesota

Belt, Montana

Malta, Montana

Plentywood, Montana

Seeley Lake, Montana

Valley City, North Dakota

Belle Fourche, South Dakota

Freeman, South Dakota

Sioux Falls, South Dakota
Section VI – CRA examinations scheduled for Second Quarter of 2003 

Institution Location 

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, February 15, 2003 

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) ABM Holding Company, Miltonvale, Kansas, to become a bank 

holding company through the acquisition of 100 percent of the 

voting shares of Citizens State Bank, Miltonvale, Kansas. 

3(a)(3) International Brotherhood of Boilermakers, Iron Ship Builders, 

Blacksmiths, Forgers and Helpers, Kansas City, Kansas, to 

acquire, over a period of 60 months, up to 47.5 percent of the 

voting shares of Brotherhood Bancshares, Inc., parent of 

Brotherhood Bank & Trust Company, both in Kansas City, 

Kansas. 

Newspaper - 03/07/2003 

Fed Reg - 02/28/2003 

Newspaper - 03/15/2003 

Fed Reg - 03/14/2003 

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 

Member Cottonwood Valley Bank, Cedar Point, Kansas, to become a 

member of the Federal Reserve System. 
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 

579252 Gold Bank 10/28/2002 02/13/2003 S X 

11301 Nall Avenue 

Leawood, Kansas 66211 

Section VI – CRA examinations scheduled for First Quarter of 2003 

Institution Location 

Heritage Bank

First Bank Medicine Lodge

1

st Financial Bank

Mainstreet Bank

Exchange Bank of Missouri

Community Bank and Trust Company

Bank of Bennington

Butte State Bank

First State Bank

Farmers & Merchants Bank

Bank of Cherokee County

BancFirst Bank

Louisville, Colorado 

Medicine Lodge, Kansas 

Overland Park, Kansas 

Bunceton, Missouri 

Fayette, Missouri 

Neosho, Missouri 

Bennington, Nebraska 

Butte, Nebraska 

Anadarko, Oklahoma 

Crescent, Oklahoma 

Hulbert, Oklahoma 

Oklahoma City, Oklahoma 
Section VI – CRA examinations scheduled for First Quarter of 2003 

Institution Location 

Exchange Bank and Trust Company Perry, Oklahoma 

Citizens Bank Velma, Oklahoma 

Shoshone First Bank Cody, Wyoming 

Lusk State Bank Lusk, Wyoming 

CRA exams scheduled for Second Quarter of 2003 

Bank of Durango

Community Bank of Rockies

First State Bank

Kearney Commercial Bank

Central Bank of Missouri

Adams Bank and Trust

Ravenna Bank

Citizens Security Bank and Trust Company

Bank of Commerce

Chickasha Bank and Trust Company

First Bank of Haskell

Morris State Bank

Territory Bank

Citizens Bank and Trust Company

First State Bank

Weleetka State Bank

Bank of Commerce

Bank of Wyandotte

Cowboy State Bank

Durango, Colorado 

La Jara, Colorado 

Ness City, Kansas 

Kearney, Nebraska 

Sedalia, Missouri 

Ogallala, Nebraska 

Ravenna, Nebraska 

Bixby, Oklahoma 

Chelsea, Oklahoma 

Chickasha, Oklahoma 

Haskell, Oklahoma 

Morris, Oklahoma 

Muskogee, Oklahoma 

Okmulgee, Oklahoma 

Picher, Oklahoma 

Weleetka, Oklahoma 

Wetumka, Oklahoma 

Wyandotte, Oklahoma 

Ranchester, 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, February 15, 2003 

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) Ruff Management LLC, Longview, TX, to acquire Ruff Fed Reg - 03/14/2003 

Partners, Ltd., Longview, TX, and The First State Bank, Newspaper - 03/03/2003 

Hallsville, TX* 

* 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 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 Second Quarter of 2003 

Institution Location 

The First State Bank 

403058 

Legacy Bank of Texas 

913267 

Citizens State Bank 

643368 

Texas State Bank 

1017658 

Plaza Bank 

1005262 

First State Bank 

867650 

119 East DaVilla 

Granger, Texas 76530 

5000 Legacy Drive 

Plano, Texas 75024 

112 West Highway 380 

Princeton, Texas 75407 

3900 North 10th Street 

McAllen, Texas 78501 

400 West Houston 

San Antonio, Texas 78207 

309 South Old Betsy Road 

Keene, Texas 76059 

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, February 15, 2003 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Valley Independent Bank, El Centro, California, to establish a Newspaper – 02/15/2003 

branch facility to be located at 6715 N. Palm Avenue, Suite 208, 

Fresno, California.* 

* 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 

CIC Notice by Alan Wilber Rolley, Dallas, Texas, and Blake Allan Newspaper – N/Avail 

Rolley, Flagstaff, Arizona, acting in concert, to increase their Fed Reg – 02/04/2003 

ownership up to 33.06 percent of Arizona Bancshares, Inc., 

Flagstaff, Arizona.* 

* 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) Bay View Capital Corporation, San Mateo, California, to engage Fed Reg – N/Avail 

directly in certain nonbanking activities through the acquisition 

of Bay View Acceptance Corporation, San Mateo, California, 

pursuant to section 225.28(b) of Regulation Y. 
Section IV – Applications not subject to Federal Register or newspaper notice 

Type Application 

4(c)(8) City National Corporation, Beverly Hills, California, proposes to 

engage in financial and investment advisory activities through 

the acquisition of Convergent Capital Management LLC, CCM 

Newco III, Inc., and certain membership units in Matthews 

International Capital Management, LLC, pursuant to section 

225.28(b)(6) of Regulation Y. 

Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluatio ns 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