Federal Reserve Release

H.2

Actions of the Board, Its Staff,

and the Federal Reserve Banks; 

Applications and Reports Received

No. 26 

Week Ending June 28, 2008

Board of Governors of the Federal Reserve System, Washington, DC 20551
Advisory Councils

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

- Announced, June 23, 2008

Personnel

Division of Research and Statistics -- appointment of Eric Engen and Sandra Cannon 

as assistant directors.

- Approved, June 26, 2008

Regulations And Policies

Basel II Capital Accord -- publication for comment of interagency rules to implement 

the Basel II standardized risk-based capital framework.

- Approved, June 26, 2008

Credit Card Plans -- annual report to the Congress on the profitability of credit card 

operations of depository institutions.

- Approved, June 23, 2008

Host State Lending Ratios -- interagency release of the host state loan-to-deposit 

ratios used by the banking agencies to determine compliance with the Riegle-Neal 

Interstate Banking and Branching Efficiency Act.

- Published, June 26, 2008

Presidential Coin Program -- annual report to the Congress on the Presidential $1 

Coin Program.

- Approved, June 23, 2008

H.2 Board Actions June 22, 2008 to June 28, 2008

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

Compass Bank, Birmingham, Alabama -- issuance of a consent order of prohibition 

and order of assessment of civil money penalty against Susan M. West, a former 

institution-affiliated party.

- Announced, June 23, 2008

Heritage Bank of Commerce, San Jose, California -- issuance of a consent order of 

assessment of a civil money penalty.

- Announced, June 26, 2008

H.2 Board Actions June 22, 2008 to June 28, 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 Operational and Payment System

IF International Finance

OSDM Office of Staff Director for Management

June 22, 2008 to June 28, 2008

Bank Branches, Domestic

First Citizens Bank, Elizabethtown, Kentucky -- to establish a branch at 638 South 

Dixie Avenue, Radcliff.

St. Louis

- Approved, June 25, 2008

Johnson Bank, Racine, Wisconsin -- to establish a branch at 700 South River Street, 

Spooner.

Chicago

- Approved, June 23, 2008

Bank Holding Companies

Americus Financial Services, Inc., Birmingham, Alabama -- relief from a 

commitment.

Atlanta

- Withdrawn, June 24, 2008

Cedar Investment Company, Waverly, Iowa -- to engage de novo in extending credit 

and servicing loans.

Chicago

- Approved, June 24, 2008

First National Corporation of Wynne, Wynne, Arkansas -- to engage in lending 

activities.

St. Louis

- Approved, June 26, 2008

(A/C) = Addition or Correction Delegated - 1 of 4
Bank Holding Companies

High Trust Bancorp, Inc., Stockbridge, Georgia -- to become a bank holding 

company and to acquire High Trust Bank, Stockbridge.

Atlanta

- Approved, June 25, 2008

Live Oak Bancshares Corporation, George West, Texas -- to engage in title insurance 

activities; real estate settlement servicing; and real estate title abstracting services as 

a result of the proposed investment in Forehand Title Management LLC, George 

West.

Dallas

- Approved, June 23, 2008

Modern Bank Management LLC, New York, New York; Modern Bank Partners 

LLC; and Modern Financial Inc. -- to become bank holding companies and to acquire 

Modern Bank, National Association, New York.

New York

- Approved, June 26, 2008

Stockmens Financial Corporation, Rapid City, South Dakota -- to acquire Homestead 

Financial Corporation, Beatrice, Nebraska, and its subsidiary bank, The First 

National Bank and Trust.

Kansas City

- Withdrawn, June 25, 2008

H.2 Actions under delegated authority June 22, 2008 to June 28, 2008

(A/C) = Addition or Correction Delegated - 2 of 4
Banks, Foreign

KfW IPEX-Bank GmbH, Frankfurt, Germany -- to establish a representative office in 

New York, New York.

Director, BS&R

- Approved, June 23, 2008

Banks, Nonmember, And Miscellaneous Institutions

Standard Chartered International (USA), Miami, Florida -- to amend its articles of 

association to change its name to Standard Chartered International (Americas) 

Limited.

New York

- Withdrawn, June 27, 2008

Change In Bank Control

Alpine Banks of Colorado, Glenwood Springs, Colorado -- change in control of 

Banks and its subsidiary bank, Alpine Bank, Glenwood Springs.

Kansas City

- Permitted, June 27, 2008

Extensions Of Time

Bank of the Commonwealth, Norfolk, Virginia -- extension to November 1, 2008, to 

establish a branch at 221 Western Avenue, Suffolk.

Richmond

- Granted, June 25, 2008

H.2 Actions under delegated authority June 22, 2008 to June 28, 2008

(A/C) = Addition or Correction Delegated - 3 of 4
Extensions Of Time

Community Capital Bank of Virginia, Christiansburg, Virginia -- extension to 

September 28, 2008, to become a member of the Federal Reserve System.

Richmond

- Granted, June 27, 2008

Virginia Community Capital, Inc., Christiansburg, Virginia -- extension to September 

28, 2008, to become a bank holding company and to acquire Community Capital 

Bank of Virginia, Christiansburg, in organization.

Richmond

- Granted, June 27, 2008

H.2 Actions under delegated authority June 22, 2008 to June 28, 2008

(A/C) = Addition or Correction Delegated - 4 of 4
District: 1

Federal Reserve Bank of Boston

Filings received during the week ending June 28, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

Not available

Eastern Bank Corporation, Boston, 

Massachusetts to acquire MASSBANK Corp. 

and its subsidiary bank, MASSBANK, both of 

Reading, Massachusetts, pursuant to section 

3(a)(3) of the BHC Act.

EASTERN BANK 

CORPORATION

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

Federal Reserve Bank of Boston

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of New York

Filings received during the week ending June 28, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch Not available

Not applicable

The Adirondack Trust Company, Saratoga 

Springs, New York, requests approval to 

establish a full service branch at 376 Bay Road, 

Queensbury, Warren County, New York.

ADIRONDACK TRUST 

COMPANY, THE

Newspaper:

Federal Register:

* 3A3 07/24/2008

07/25/2008

BNC Financial Group, Inc., New Canaan, 

Connecticut, the bank holding company of The 

Bank of New Canaan, New Canaan, 

Connecticut, to acquire 100 percent of the 

voting shares of The Bank of Fairfield, Fairfield, 

Connecticut, a stock commercial bank in 

formation, pursuant to Section 3(a)(3) of the 

BHC Act and Section 225.14 of Regulation Y.

BNC FINANCIAL GROUP, INC.

Newspaper:

Federal Register:

Investment Not applicable

Not applicable

30 days' prior notice by Citibank, NA, Las 

Vegas, Nevada and Citibank Overseas 

Investment Corporation (COIC), New Castle, 

Delaware, pursuant to Section 211.9(f) of 

Regulation K, to invest, through Banco 

Citibank, in STI ANBID.

CITIBANK, N.A.

Newspaper:

Federal Register:

Investment Not applicable

Not applicable

30 days' prior notice by Citibank, NA, Las 

Vegas, Nevada and Citibank Overseas 

Investment Corporation, New Castle, Delaware, 

pursuant to Section 211.9(f) of Regulation K, to 

invest in Citibank Costa Rica S.A.

CITIBANK, N.A.

Newspaper:

Federal Register:

Foreign Branch Not applicable

Not applicable

Manufacturers and Traders Trust Company, 

Buffalo, New York, to establish a branch in 

Toronto, Canada, pursuant to Section 211.3(b)

(2) of Regulation K.

MANUFACTURERS AND 

TRADERS TRUST COMPANY

Newspaper:

Federal Register:

FBSEA Not available

Not applicable

National Agricultural Cooperative Federation, 

Seoul, Korea, to establish a branch in New York, 

New York.

NATIONAL AGRICULTURAL 

COOPERATIVE FEDERATION, 

THE

Newspaper:

Federal Register:

FBSEA Not available

Not applicable

The National Australia Bank Limited, 

Melbourne, Australia, to establish a branch in 

Chicago, Illinois, under Section 211.24(a)(2) of 

Regulation K.

NATIONAL AUSTRALIA BANK 

LIMITED

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

Federal Reserve Bank of New York

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Philadelphia

Filings received during the week ending June 28, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 07/18/2008

07/17/2008

Reliance Bancorp, MHC, (in formation), 

Altoona, PA, and Reliance Bancorp, Inc., (in 

formation) Altoona, PA, each to become a bank 

holding company in connection with the 

reorganization of Reliance Savings Bank, 

Altoona, PA, from a state chartered mutual 

savings bank into a state chartered stock 

savings bank.

RELIANCE BANCORP,MHC

Newspaper:

Federal Register:

CIC 07/06/2008

07/14/2008

Evelyn Rome Tabas, Narberth, Pennsylvania, 

requests permission to acquire 25 percent or 

more of the shares and thereby control of Royal 

Bancshares of Pennsylvania, Inc., Narberth, PA. 

Royal Bancshares of Pennsylvania controls 

Royal Bank of Pennsylvania, Narberth, PA. 

Once acquired, the shares will be sold to six 

individual trusts: (i) Lee E. Tabas Trust, (ii) 

Susan Tabas Tepper Trust, (iii) Robert Royal 

Tabas Trust, (iv) Linda Jane Tabas Stempel 

Trust, (v) Carol Tabas Trust, and (vi) Jo Ann 

Wurzak Trust, (collectively the ?Trusts?). As 

such, the Trusts, and Nicholas Anthony 

Randazzo, Clifton Heights, PA; Robert Royal 

Tabas, Bryn Mawr, PA; and Linda Jane Tabas 

Stempel, Haverford, PA, as co-trustees of each 

of the six trusts, also request permission for the 

trusts to acquire 25 percent or more of the 

shares and thereby control of Royal Bancshares 

of Pennsylvania, Inc., and indirectly control of 

Royal Bank of Pennsylvania.

ROYAL BANCSHARES OF 

PENNSYLVANIA, INC.

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

Federal Reserve Bank of Philadelphia

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Cleveland

Filings received during the week ending June 28, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC 07/17/2008

07/15/2008

Interagency Notice of Change in Control filed 

by the Reed Family Control Group of its intent 

to retain up to 27.73% of the outstanding voting 

shares of Farmers Bancshares, Inc., Pomeroy, 

OH.

FARMERS BANCSHARES, INC.

Newspaper:

Federal Register:

* 3A5 Not available

* 18C

* Branch

Not available

Application by Rurban Financial Corp., 

Defiance, OH to acquire NBM Bancorp, Inc., 

Montepelier, OH pursuant to section 3(a)(5) of 

the Bank Holding Company Act

RURBAN FINANCIAL CORP.

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

Federal Reserve Bank of Cleveland

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Richmond

Filings received during the week ending June 28, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

Other Foreign Not applicable

Not applicable

Bank of America, NA, Charlotte, North Carolina, 

to establish two new subsidiaries through its 

London, UK, branch.

BANK OF AMERICA, 

NATIONAL ASSOCIATION

Newspaper:

Federal Register:

* Branch

Not applicable

NBRS Financial Bank, Rising Sun, Maryland, to 03/17/2008

establish a branch in the 5000 block of Pulaski 

Highway, Perryville, Maryland.

NBRS FINANCIAL BANK

Newspaper:

Federal Register:

Premises Not applicable

Not applicable

Peoples Community Bank, Montross, Virginia, 

to increase its investment in bank premises.

PEOPLES COMMUNITY BANK

Newspaper:

Federal Register:

* 18C Not available

Not applicable

Union Bank and Trust Company, Bowling 

Green, Virginia, to merge with Bay Community 

Bank, Newport News, Virginia.

UNION BANK AND TRUST 

COMPANY

Newspaper:

Federal Register:

* Branch

Not applicable

Virginia Commerce Bank, Arlington, Virginia, 07/11/2008

proposes to establish a branch at 7115 Leesburg 

Pike, #101, Falls Church, Virginia.

VIRGINIA COMMERCE 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 Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Atlanta

Filings received during the week ending June 28, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

AuburnBank, Alabama, to establish a branch 07/07/2008

located at 2315 Bent Creek Road, Auburn, 

Alabama, to be known as the Bent Creek 

Branch.

AUBURNBANK

Newspaper:

Federal Register:

* Branch

Not applicable

1st Navy Bank, Pensacola, Florida, after-the-fact 07/05/2008

proposal to establish a branch located at 5560 

West Highway 98, Pensacola, Florida. In 

addition, an after-the-fact request for increase in 

bank premises.

FIRST NAVY BANK

Newspaper:

Federal Register:

FBSEA Not available

Not applicable

Monte de Piedad y Caja de Ahorros San 

Fernando de Huelva, Sevilla, Spain (CAJASOL), 

to establish a representative office in Miami, 

Florida.

MONTE DE PIEDAD Y CAJA DE 

AHORROS SAN FERNANDO DE 

HUELVA

Newspaper:

Federal Register:

* 3A1

* 3A3

07/18/2008

07/25/2008

Unified Shares, LLC (LLC), Harrogate, 

Tennessee, to retain 27 percent of the 

outstanding shares of common stock of 

Commercial Bancgroup, Inc., and its subsidiary 

bank, Commercial Bank, both of Harrogate, 

Tennessee. In addition, LLC, along with its 

lower tier holding company Commercial 

Bancgroup, Inc., Harrogate, Tennessee, to 

acquire 100 percent of the outstanding shares of 

common stock of Union National Bancorp of 

Barbourville, Inc., and its subsidiary bank, 

Union National Bank of Barbourville, both of 

Barbourville, Kentucky.

UNIFIED SHARES, LLC

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

Federal Reserve Bank of Atlanta

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Chicago

Filings received during the week ending June 28, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

Not available

Notice by Demetris Giannoulias, Evanston, 

Illinois, individually and as Trustee of the 

Broadway DG Trust, George Giannoulias, 

Chicago, Illinois, individually and as Trustee of 

the Broadway GG Trust and the George 

Broadway Revocable Trust, the Broadway DG 

Trust, Evanston, Illinois, the Broadway GG 

Trust, Chicago, Illinois, and the George 

Broadway Revocable Trust, Chicago, Illinois, to 

acquire 25 percent or more of the voting shares 

of Broadway Bancorp, Inc., Chicago, Illinois, 

and thereby indirectly acquire Broadway Bank, 

Chicago, Illinois.

BROADWAY BANCORP, INC.

Newspaper:

Federal Register:

* 4c8 Not available

Not available

FBOP Corporation, Oak Park, Illinois, to acquire 

100 percent of the voting shares of PFF 

Bancorp, Inc., Rancho Cucamonga, California, 

and thereby indirectly acquire PFF Bank & 

Trust, Pomona, California, and thereby operate a 

savings association.

FBOP CORPORATION

Newspaper:

Federal Register:

CIC Not available

Not available

Notice by a group acting in concert, composed 

of Gary Shiffman, West Bloomfield, Michigan, 

Arthur Weiss, Farmington Hills, Michigan, 

Ronald Klein, Bloomfield Hills, Michigan, Paul 

Hodges, Orchard Lake, Michigan, Roman 

Ferber, West Bloomfield, Michigan, David 

Freidman, West Bloomfield, Michigan, Steven 

Freidman, West Bloomfield, Michigan, Brian 

Wenzel, Howell, Michigan, Sheldon Yellen, 

Bloomfield Hills, Michigan, Gary Torgow, Oak 

Park, Michigan, Dov Loketch, Oak Park, 

Michigan, Joseph Nusbaum, Oak Park, 

Michigan, David Provost, Birmingham, 

Michigan, Max Berlin, Southfield, Michigan, 

Donald Coleman, Bonita Springs, Florida, Albert 

Papa, Birmingham, Michigan, Robert Naftaly, 

West Bloomfield, Michigan, Thomas 

Schellenberg, Cross Village, Michigan, Thomas 

Brown, Farmington Hills, Michigan, Christine 

Otto, Oxford, Michigan, James Dunn, Livonia, 

Michigan, Gary Sakwa, Bloomfield Hills, 

Michigan, and Frank Hennessey, Ocala, Florida, 

to acquire over 25 percent of the outstanding 

voting shares of First Michigan Bancorp, Inc., 

Troy, Michigan, and thereby to indirectly 

acquire control of First Michigan Bank, Troy, 

Michigan.

FIRST MICHIGAN BANCORP, 

INC.

Newspaper:

Federal Register:

4c8 Not applicable

07/16/2008

Guthrie County Bancshares, Inc., Guthrie 

Center, Iowa, proposes to engage in real estate 

title abstracting through its subsidiary, Guthrie 

County Abstract Company, Guthrie Center, 

Iowa, with the acquisition of 100 percent of 

Guthrie County Abstract Co., Guthrie Center, 

Iowa, and Beverly Wild Abstracting, Inc., 

Guthrie Center, Iowa.

GUTHRIE COUNTY 

BANCSHARES, INC.

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

Federal Reserve Bank of Chicago

Filings received during the week ending June 28, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

06/02/2008

IBT Bancorp, Inc., Mt. Pleasant, Michigan, to 

retain 5.9 percent of the voting shares of Valley 

Financial Group, Ltd., Saginaw, Michigan, and 

thereby indirectly retain shares of 1st State 

Bank, Saginaw, Michigan.

IBT BANCORP, INC.

Newspaper:

Federal Register:

CIC Not available

06/30/2008

Notice by James A. Button, Mequon, 

Wisconsin, Michael J. McGuire, Oak Lawn, 

Illinois, Robert C. Olson, Palos Hills, Illinois, 

Mark S. Poker, Brookfield, Wisconsin, and 

Thomas W. Tice, Key Largo, Florida, as 

co-trustees of the KJ Childrens Trust, 

Brookfield, Wisconsin, to acquire greater than 

25 percent of the voting shares of iTeam 

Companies, Inc., Brookfield, Wisconsin, and 

thereby indirectly acquire control of Kenney 

Bank and Trust, Kenney, Illinois.

ITEAM COMPANIES, INC.

Newspaper:

Federal Register:

* 3A1 Not available

07/18/2008

Pinnacle Capital Corporation, Marshalltown, 

Iowa, to become a bank holding company by 

acquiring 100 percent of the voting shares of 

Pinnacle Bank, Marshalltown, Iowa.

PINNACLE CAPTIAL 

CORPORATION

* 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

 139843 FIRST FARMERS B&T, CONVERSE, INDIANA 11/26/2007 06/05/2008 S Int Sm Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of St. Louis

Filings received during the week ending June 28, 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 Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Minneapolis

Filings received during the week ending June 28, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

* 18C

* Branch

07/03/2008

CBT Corporation, Inc., which owns Citizens 

Bank & Trust Company, both of Big Timber, 

Montana, to acquire 100% of The Continental 

National Bank of Harlowton, Harlowton, 

Montana. Citizens Bank & Trust Company to 

merge with The Continental National Bank of 

Harlowton and incident thereto establish branch 

facilities to be located at 32 North Central 

Avenue, Harlowton, and 121 East 1st Avenue, 

Ryegate, Montana.

CBT CORPORATION, INC.

Newspaper:

Federal Register:

CIC Not available

07/16/2008

Change in Control notice by Lawrence C. Holtz, 

Edina, Minnesota, to retain control of 25% or 

more of the shares of Financial Services of Saint 

Croix Falls Inc., Saint Croix Falls, Wisconsin, 

and thereby indirectly retain control of Eagle 

Valley Bank, National Association, Saint Croix, 

Wisconsin.

FINANCIAL SERVICES OF 

SAINT CROIX FALLS, INC.

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

Federal Reserve Bank of Minneapolis

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Kansas City

Filings received during the week ending June 28, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC 07/09/2008

07/10/2008

Notice by Donald L. Howell, Houston, Texas, 

individually and as trustee of the FNB Financial 

Services, Inc. Employee Stock Ownership Plan 

and as trustee of the Anne Turner Howell Trust, 

and by Donald L. Howell, Hilton H. Howell, Jr., 

Atlanta, Georgia, Brian E. Howell, Waco, Texas, 

Donna Howell, Waco, Texas, and Alison Howell 

Malone, Dallas, Texas, acting as a group in 

concert, to acquire control of FNB Financial 

Services, Inc., parent of First Texoma National 

Bank, both in Durant, Oklahoma, through the 

acquisition of voting shares.

FNB FINANCIAL SERVICES, INC.

Newspaper:

Federal Register:

CIC 07/07/2008

07/14/2008

Notice by Philip Eugene Jossi and Keith 

Weldon Carlson, both of Lincoln, Nebraska; 

and Marian Joanne Hardin, Kearney, Nebraska; 

to acquire control of Riverdale Bancshares, Inc., 

parent of State Bank of Riverdale, both in 

Riverdale, Nebraska, through the acquisition of 

voting shares.

RIVERDALE BANCSHARES, INC.

Newspaper:

Federal Register:

* 3A3 07/02/2008

06/30/2008

Stockmens Financial Corporation, Rapid City, 

South Dakota, to acquire 100 percent of the 

voting shares of Homestead Financial 

Corporation, parent of The First National Bank 

and Trust, both in Beatrice, Nebraska.

STOCKMENS FINANCIAL 

CORPORATION

Newspaper:

Federal Register:

* 3A1 Not available

Not available

Stockmens Limited Partnership, Rapid City, 

South Dakota, to become a bank holding 

company through the direct acquisition of 66.85 

percent of the voting shares of Stockmens 

Financial Corporation, Rapid City, South 

Dakota, parent of Security First Bank, Lincoln, 

Nebraska; and through the indirect acquisition 

of 100 percent of Homestead Financial 

Corporation, parent of The First National Bank 

and Trust, both in Beatrice, Nebraska.

STOCKMENS LIMITED 

PARTNERSHIP

Newspaper:

Federal Register:

CIC 07/30/2008

07/16/2008

Notice by Brian Wallman, Denver, Colorado, to 

retain control of Wallco, Inc., parent of 

Nehawka Bank, both in Nehawka, Nebraska, 

through the retention of voting control.

WALLCO, INC.

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

Federal Reserve Bank of Kansas City

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Dallas

Filings received during the week ending June 28, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 07/28/2008

07/22/2008

Heritage Bancorp, Inc., Pearland, Texas, to 

become a bank holding company by acquiring 

100 percent of Red River Financial Corporation, 

Detroit, Texas, and indirectly acquire 

Community National Bank, Detroit, Texas.

HERITAGE BANCORP, INC.

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

Lone Star State Bank of West Texas, Lubbock, 

Texas, to merge with First Bank of Brownfield, 

Brownfield, Texas, and establish a branch at 

2599 74th Street, Lubbock, Texas 79423.

LONE STAR STATE BANK OF 

WEST TEXAS

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

Federal Reserve Bank of Dallas

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of San Francisco

Filings received during the week ending June 28, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

07/24/2008

Crescent Capital VI LLC, Bellevue, Washington, 

to become a bank holding company by 

acquiring up to 30 percent of Cowlitz Bancorp, 

and indirectly its subsidiary, Cowlitz Bank, both 

of Longview, Washington.

CRESCENT CAPITAL VI LLC

Newspaper:

Federal Register:

* 3A1 Not available

4c8 07/24/2008

Sagebrush Partners LLLP, to: 1) become a bank 

holding company by acquiring up to 51.01 

percent of Grand Valley Corporation, both of 

Grand Junction, Colorado, and indirectly its 

subsidiary, Grand Valley National Bank, Heber 

City, Utah, pursuant to section 3(a)(1) of the 

Bank Holding Company Act; and 2) to engage 

de novo, indirectly, in extending credit and 

servicing loans, pursuant to section 4(c)(8) of 

the Bank Holding Company Act, and section 

225.28(b)(1)of Regulation Y.

SAGEBRUSH PARTNERS LLLP

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

Federal Reserve Bank of San Francisco

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act