Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 6

Week Ending February 7, 2004

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions February 1, 2004 to February 7, 2004

Testimony And Statements

Monetary Policy Objectives -- statement by Chairman Greenspan before the House 

Committee on Financial Services on February 11, and the Senate Committee on Banking, 

Housing, and Urban Affairs on February 12, 2004.

- Authorized, February 5, 2004 

Forms

Forms -- Initial review of proposals to extend without revision the Survey to Obtain 

Information on the Relevant Market in Individual Merger Cases (FR 2060), Transfer 

Agent Registration and Amendment Form (FR TA-1), and Written Security Program for 

State Member Banks (FR 4004).

- Proposed, January 29, 2004 (AC)

Regulations And Policies

Fair and Accurate Transactions Act -- joint interagency final rules to establish effective 

dates for certain provisions of the FACT Act, including those that preempt state laws that 

regulate areas governed by the Fair Credit Reporting Act (Docket Nos. R-1172 and R1175).

- Approved, February 4, 2004 

Financial Institutions Examinations -- report to Congress on interagency efforts to 

coordinate examinations as required by section 305 of the Riegle Community 

Development and Regulatory Improvement Act.

- Approved, February 4, 2004 

Monetary Policy -- report to Congress.

- Authorized, February 4, 2004 

Policy Statement on Payments System Risk -- notice of intended changes concerning the 

accounts of government-sponsored enterprises and certain international organizations that 

would modify the posting rules for interest and redemption payments on their securities 

and align the treatment of their corporate account activity with that of other account 

holders that do not have regular access to the Federal Reserve's discount window 

(Docket No. OP-1182).

- Approved, February 4, 2004 

(AC) = Addition or Correction Board - Page 1 of 2
H.2 Board Actions February 1, 2004 to February 7, 2004

Enforcement

Credit Lyonnais, S.A., Paris, France -- issuance of a consent cease and desist order 

against Dominique Bazy, a former executive.

- Announced, February 4, 2004 

(AC) = Addition or Correction Board - Page 2 of 2
February 1, 2004 to February 7, 2004

BS&R

C&CA

FOMC

RBOPS

IF

OSDM

Banking Supervision and Regulation

Consumer and Community Affairs

Federal Open Market Committee

Reserve Bank Operations and Payment Systems

International Finance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

AmSouth Bank, Birmingham, Alabama -- to establish branches at 2013 Collier Parkway, 

Land O Lakes, Florida, and 3815 South Orlando Drive, Sanford.

- Approved, February 4, 2004 

Atlanta

AmSouth Bank, Birmingham, Alabama -- to establish branches at U.S. 19 in Berkeley 

Manor Commercial Center, Spring Hill, Florida, and 2626 Enterprise Road, Orange City.

- Approved, February 5, 2004 

Atlanta

Anadarko Bank and Trust Company, Anadarko, Oklahoma -- to establish a branch at 

328 East 4th Street, Carnegie.

- Approved, February 5, 2004 

Kansas City

Citizens Bank and Trust Company, Blackstone, Virginia -- to establish a branch at 10001 

Courtview Lane, Chesterfield.

- Approved, February 3, 2004 

Richmond

Compass Bank, Birmingham, Alabama -- to establish a branch at 1004 Marlandwood 

Road, Temple, Texas.

- Approved, February 2, 2004 

Atlanta

First Commercial Bank, Chicago, Illinois -- to establish branches at 6033 North Sheridan 

Road and 2935 West Peterson Avenue.

- Withdrawn, February 3, 2004 

Chicago

First State Bank Texas, Keene, Texas -- to establish a branch at 224 West Katherine P. 

Raines Drive, Cleburne.

- Approved, February 4, 2004 

Dallas

(AC) = Addition or Correction Delegated - Page 1 of 6
H.2 Actions under delegated authority February 1, 2004 to February 7, 2004

Bank Branches, Domestic

HSBC Bank USA, Buffalo, New York -- to establish a branch at 601 Montgomery 

Street, San Francisco, California.

- Approved, February 2, 2004 

New York

Isabella Bank and Trust, Mount Pleasant, Michigan -- to establish a branch at Waldron 

Way and Perry Street, Big Rapids.

- Returned, February 5, 2004 

Chicago

James Monroe Bank, Arlington, Virginia -- to establish a branch at 3914 Centreville 

Road, Chantilly.

- Approved, February 4, 2004 

Richmond

LandMark Bank of Florida, Sarasota, Florida -- to establish a branch at 5201 Bahia 

Vista Street.

- Approved, February 2, 2004 

Atlanta

Peoples Community Bank, Montross, Virginia -- to establish a branch at 2875 Kings 

Highway, Oak Grove.

- Approved, February 4, 2004 

Richmond

Regions Bank, Birmingham, Alabama -- to establish a branch at Highways 252 and 1488, 

The Woodlands, Texas.

- Approved, February 6, 2004 

Atlanta

Bank Holding Companies

Bancshares of Florida, Inc., Naples, Florida -- to acquire Horizon Financial Corp., 

Pembroke Pines, and Horizon Bank, FSB.

- Withdrawn, February 6, 2004 

Atlanta

(AC) = Addition or Correction Delegated - Page 2 of 6
H.2 Actions under delegated authority February 1, 2004 to February 7, 2004

Bank Holding Companies

Boston Private Financial Holdings, Inc., Boston, Massachusetts -- to acquire First State 

Bancorp, Granada Hills, California, and First State Bank of California.

- Approved, February 2, 2004 

Boston

Boston Private Financial Holdings, Inc., Boston, Massachusetts -- to acquire an interest in 

Bingham, Osborn & Scarborough, LLC, San Francisco, California, and thereby engage in 

investment advisory activities.

- Approved, February 2, 2004 

Boston

Boston Private Financial Holdings, Inc., Boston, Massachusetts -- to acquire an interest in 

Dalton, Greiner, Hartman, Maher & Co., LLC, New York, New York, and DGHM 

Management, and thereby engage in investment advisory activities.

- Approved, February 2, 2004 

Boston

PSB Holdings, Inc., New Matamoras, Ohio -- to become a bank holding company 

through the acquisition of The Peoples Savings Bank.

- Approved, February 3, 2004 

Cleveland

Southern Financial Bancorp, Inc., Warrenton, Virginia -- to acquire Essex Bancorp, Inc., 

Norfolk, and Essex Savings Bank, FSB.

- Approved, February 6, 2004 

Richmond

Will County Bancorp, Inc., Shorewood, Illinois -- to become a bank holding company 

through the acquisition of Bank of Shorewood.

- Approved, February 3, 2004 

Chicago

Change In Bank Control

East Dubuque Bancshares, Inc., East Dubuque, Illinois -- change in bank control.

- Permitted, February 5, 2004 

Chicago

(AC) = Addition or Correction Delegated - Page 3 of 6
H.2 Actions under delegated authority February 1, 2004 to February 7, 2004

Change In Bank Control

Heritage Bancorp, Reno, Nevada -- change in bank control.

- Permitted, February 6, 2004 

San Francisco

United Bank Corporation, Barnesville, Georgia -- change in bank control.

- Permitted, February 6, 2004 

Atlanta

Competitive Factors Reports

American Interstate Bank, Elkhorn, Nebraska -- report on competitive factors of the 

proposed merger with American Interstate Bank, Manning, Iowa.

- Submitted, February 3, 2004 

Kansas City

American Investment Bank, National Association, Salt Lake City, Utah -- report on 

competitive factors of the proposed merger with American Investment Financial.

- Submitted, February 3, 2004 

San Francisco

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

proposed merger with Foxborough Savings Bank, Foxborough, Massachusetts.

- Submitted, February 5, 2004 

Boston

Citizens Bank of Frostproof, Frostproof, Florida -- report on competitive factors of the 

proposed merger with American Bank and Trust, Lake Wales, Florida.

- Submitted, February 6, 2004 

Atlanta

Farmers and Merchants Bank of South Carolina, Holly Hill, South Carolina -- report on 

competitive factors of the proposed purchase of certain assets and assumption of certain 

deposit liabilities of the Cameron branch of South Carolina Bank and Trust, National 

Association, Orangeburg.

- Submitted, February 3, 2004 

Richmond

(AC) = Addition or Correction Delegated - Page 4 of 6
H.2 Actions under delegated authority February 1, 2004 to February 7, 2004

Competitive Factors Reports

First Community Bank, National Association, Bluefield, Virginia -- report on competitive 

factors of the proposed merger with People's Community Bank, Johnson City, Tennessee.

- Submitted, February 3, 2004 

Richmond

Hibernia National Bank, New Orleans, Louisiana -- report on competitive factors of the 

proposed merger with Coastal Banc, State Savings Bank, Houston, Texas.

- Submitted, February 5, 2004 

Atlanta

United Heritage Bank, Orlando, Florida -- report on competitive factors of the proposed 

merger with Community United Bank of Florida, Lake Mary.

- Submitted, February 4, 2004 

Atlanta

Extensions Of Time

Citizens Bancshares of Hutchinson, Inc., Hutchinson, Minnesota -- extension to May 3, 

2004, to engage in the activities of financial planning and providing investment services 

through Citizens Investment Services, LLC.

- Granted, February 2, 2004 

Minneapolis

First Midwest Bancorp, Inc., Itasca, Illinois -- extension to May 5, 2004, to acquire 

CoVest Bancshares, Inc., Des Plaines, and CoVest Banc, National Association; and for 

First Midwest Bank, Itasca, to merge with and retain the deposits of CoVest Banc, 

National Association, Des Plaines, and thereby establish branches.

- Granted, February 5, 2004 

Chicago

First Midwest Bank, Itasca, Illinois -- extension to April 21, 2004, to establish branches 

at 19305 Sandlake Road, Lindenhurst, and 11155 180th Street, Orland Park.

- Granted, February 2, 2004 

Chicago

(AC) = Addition or Correction Delegated - Page 5 of 6
H.2 Actions under delegated authority February 1, 2004 to February 7, 2004

Extensions Of Time

Heritage Bank, Louisville, Colorado -- extension to June 18, 2004, to establish a branch 

at 8080 Weld County Road 13, Firestone.

- Granted, February 6, 2004 

Kansas City

Membership

Sun Bank, Sunray, Texas -- withdrawal from membership in the Federal Reserve System.

- Granted, February 5, 2004 

Dallas

Regulations And Policies

Regulation CC -- technical amendments to appendix A to reflect restructuring of check 

processing operations in the Richmond and Kansas City Federal Reserve Districts.

- Approved, February 6, 2004 

Secretary

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

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, February 7, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, February 7, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch JP Morgan Chase Bank, New York, New York, to establish a 

branch office at 925 Highway 6, Sugarland, Texas.

Newspaper – 03/06/2004

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

Type Application

Ending date of

comment period

CIC Lindrew Properties and Barry M. Snyder of Buffalo, New York, 

and Andrew Snyder and Linsey Snyder of New York, New 

York, together a group acting in concert, to acquire shares of 

Great Lakes Bancorp, Inc., Buffalo, New York, the holding 

company of Greater Buffalo Savings Bank, Buffalo, New York.

Newspaper – 02/13/2004

Feg Reg – N/Avail

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, February 7, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)3 American Bank Incorporated, Allentown, PA, to acquire 

up to 9.99% of PSB Bancorp, Inc., Philadelphia, PA.

Newspaper – 03/04/2004

Fed Reg – 03/03/2004

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, February 7, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

Union Centre Shopping Center, which is located at the southeast 

corner of the intersection of Union Center Boulevard and State 

Route 747, West Chester Township, Ohio.

Newspaper – 02/03/2004

*Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

*4(c)(8) Application by First Commonwealth Financial Corporation, 

Indiana, GA Financial, Inc., Pittsburgh, Pennsylvania.

Newspaper – N/Avail 

Fed Reg – N/Avail

*Branch The Genoa Banking Company, Genoa, Ohio, to establish a 

branch at 9920 Old US 20, Rossford, Ohio.

Newspaper – N/Avail 

Fed Reg – N/Avail

*Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, February 7, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(5) Provident Bankshares Corporation, Baltimore, Maryland, to 

merge with Southern Financial Bancorp, Inc., Warrenton,

Virginia.*

Fed Reg – 02/27/2004 

Newspaper – 02/23/2004

4(c)(8) Provident Bankshares Corporation, Baltimore, Maryland, to 

acquire 100% of the voting shares of Essex Savings Bank, 

F.S.B., Norfolk, Virginia.*

Fed Reg – 02/27/2004 

Newspaper – 02/23/2004

*Subject to provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, February 7, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) 1

st United Bank, Boca Raton, Florida, to merge with First 

Western Bank, Cooper City, Florida.*

Newspaper – 02/21/2004

Branch 1

st United Bank, Boca Raton, Florida, to establish a branch 

located at 215 South Olive Avenue, West Palm Beach, Florida.*

Newspaper – N/Avail

Branch 1st United Bank, Boca Raton, Florida to establish a branch 

located at 307 Evernia Street, West Palm Beach, Florida, to be 

known as the 1st United Bank of West Palm Beach Office.*

Newspaper – N/Avail

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

located at 8624 Lee Vista Boulevard, Orlando, Florida, to be 

known as the Vista Lakes Branch.*

Newspaper – N/Avail

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

located at 6730 W. Gulf to Lake Highway, Crystal River, 

Florida, to be known as the Crystal River Branch.*

Newspaper – N/Avail

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

located at 5028 Murfreesboro Road, La Vergne, Tennessee, to 

be known as the La Vergne Branch.*

Newspaper – N/Avail

Branch Red River Branch, Alexandria, Louisiana, to establish a branch 

located at 600 Jackson Street, Alexandria, Louisiana, to be 

known as the Downtown Banking Center.*

Newspaper – 02/12/2004

Branch Rivoli Bank & Trust, Macon, Georgia, to establish a branch 

located at 1551 Bass Road, Macon, Georgia, to be known as the 

Bass Road Office.*

Newspaper – 02/07/2004

*Subject to provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(1) CBB Bancorp, Cartersville, Georgia, to become a bank holding 

company by acquiring 100 percent of Century Bank of Bartow 

County, Cartersville, Georgia.*

Newspaper – N/Avail

Fed Reg – N/Avail

*Subject to provisions of the Community Reinvestment Act
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

CIC Sunset Bancorp, Inc., Sunset, Louisiana, after-the-fact change in 

control notice by Ms. Thelma Virginia Cummings Guilbeau, 

Sunset, Louisiana, to retain 25 percent of the outstanding shares 

of Sunset Bancorp, and its subsidiary, Bank of Sunset and Trust 

Company, both of Sunset, Louisiana.

Newspaper – 02/26/2004

Fed Reg – 02/20/2004

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, February 7, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch First Commercial Bank, Chicago, Illinois, to establish branch 

facilities to be located at 2935 W. Peterson Avenue, Chicago, 

Illinois and 6033 N. Sheridan Road, Chicago, Illinois.*

Newspaper – N/Avail

Branch Harris Trust and Savings Bank, Chicago,Illinois, to establish a 

branch facility to be located at 1300 South Wabash Street, 

Chicago, Illinois.*

Newspaper – N/Avail

18C & Branches Iowa State Bank, Hull, Iowa, to purchase the assets and assume 

the liabilities of the Paullina, Iowa branch office of American 

Interstate Bank, Manning, Iowa, and thereby to establish a 

branch at 105 North Main, Paullina, Iowa.*

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(3) Capitol Bancorp, Ltd., Lansing, Michigan, to acquire 100 

percent of the voting shares of First Carolina State Bank, Rocky 

Mount, North Carolina.*

Fed Reg – 02/02/2004

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

440446 West Chester Savings Bank

1060 W. Monroe St.

Washington, Iowa 52353

(319) 653-2265

09/22/2003 02/05/2004 S X

Section VI – CRA examinations scheduled for Second Quarter of 2004

Institution Location

Marquette Bank Chicago, Illinois

Northern Trust Company Chicago, Illinois

Old Second Bank Kane County Elburn, Illinois

First Midwest Bank Itasca, Illinois

First State Bank of Round Lake Round Lake Beach, Illinois

The Shelby County State Bank Shelbyville, Illinois

Hinsbrook Bank & Trust Willowbrook, Illinois
Section VI – CRA examinations scheduled for Second Quarter of 2004

Institution Location

Home Federal Bank Columbus, Indiana

Salin Bank & Trust Co. Indianapolis, Indiana

Bank of Iowa Oskaloosa, Iowa

Comerica Bank – Detroit Detroit, Michigan

Johnson Bank Racine, Wisconsin

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

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

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

circumstances.
District 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, February 7, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch First Bank, St. Louis, Missouri, to establish a branch facility to 

be located at 2462 Taylor Road, Wildwood, Missouri.*

Newspaper – 02/17/2004

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, February 7, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(1) Central Banking Services, Inc., St. Cloud, Minnesota, proposes 

to acquire 100% of the voting shares of St. Joseph Bancshares, 

Inc., St. Joseph, Minnesota, and thereby indirectly acquire 100% 

of the voting shares of First State Bank of St. Joseph, St. Joseph, 

Minnesota.*

Fed Reg – 02/06/2004

Newspaper – 02/11/2004

3(a)(1) Pinehurst Bancorp, Inc., St. Paul, Minnesota, to become a bank 

holding company by acquiring 100% of Pinehurst Bank, St. 

Paul, Minnesota, a de novo bank.*

Fed Reg – 03/03/2004

Newspaper – N/Avail

3(a)(3) Forstrom Bancorporation, Inc., Clara City, Minnesota, proposes 

to acquire 100% of the voting shares of First State Agency of 

Lake Lillian, Inc., Lake Lillian, Minnesota, and thereby 

indirectly acquire First State Bank, Lake Lillian, Lake Lillian, 

Minnesota.*

Fed Reg – 03/08/2004

Newspaper – N/Avail

CIC Change in control notice by Claire L. Erickson and Marilyn J. 

Kron, Hudson, Wisconsin, to gain control of Waseca 

Bancshares, Inc., Waseca, Minnesota.

Fed Reg – 02/23/2004

Newspaper – 02/25/2004

CIC Retroactive change in control notice by Erik McBride 

Thompson, Las Vegas, Nevada, to retain control of Milan 

Agency, Inc., Milan, Minnesota, and thereby indirectly retain 

control of Prairie Sun Bank in Milan, Milan, Minnesota.

Fed Reg – 02/17/2004

Newspaper – 01/28/2004

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

Type Application

Ending date of

comment period

None

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

630555 American Bank of Montana, 

Bozeman, Montana

10/06/2003 02/05/2004 O X

763556 Plaza Park State Bank, 

Waite Park, Minnesota

09/29/2003 02/05/2004 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, February 7, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

CIC Notification by David D. and Kristine A. Gale, Lincoln, 

Nebraska ; David E. Rogers, Omaha, Nebraska; Jon C. and 

Deonne L. Bruning, Lincoln, Nebraska; Edward J. and Marliss 

G. Miller, Nebraska City, Nebraska; Paul and Andrea 

Mengedoth, Overland Park, Kansas; Roger and Mary Bruning, 

Lincoln, Nebraska; and Jennifer and David Brown, Mountain 

View, California, to acquire control of Davenport Community 

Bancshares, Inc., parent of Jennings State Bank, both of 

Davenport, Nebraska.

Newspaper – 02/17/2004

Fed Reg – 02/11/2004

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

12058 Bank of Holden

123 W. 2nd

Holden, Missouri 64040-1383

11/17/2003 02/06/2004 S X

Section VI – CRA examinations scheduled for 2

nd Quarter of 2004

Institution Location

Union Colony Bank Greeley, Colorado

First American State Bank Greenwood Village, Colorado

FirstBank of Vail Vail, Colorado

Cottonwood Valley Bank Cedar Point, Kansas

Peoples Bank Coldwater, Kansas

Bank of Blue Valley Overland Park, Kansas

Local Oklahoma Bank Oklahoma City, Oklahoma

Farmers State Bank Pine Bluffs, 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 7, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch PlainsCapital Bank, Lubbock, TX, to establish a branch at 400 

Sundance Parkway, Round Rock, TX 78664* 

Newspaper – 02/19/2004

Branch TexasBank, Fort Worth, TX, to establish a branch at610 W. 

Randol Mill Road, Arlington, TX 76011*

Newspaper – N/Avail

18C TexasBank, Fort Worth, TX, to acquire Northwest National 

Bank of Arlington, Arlington, TX*

Newspaper – N/Avail

Branch Tradition Bank, Houston, TX, to establish two branches at2117 

Fry Road, Katy, TX 77449 and 701 Pin Oak, Katy, TX 77494*

Newspaper – N/Avail

18C Tradition Bank, Houston, TX, to acquire Katy Bank, N.A., Katy, 

TX*

Newspaper – N/Avail

*Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(1) E J Financial Corp., Dallas, TX, to acquire Franklin National 

Bankshares, Inc., Mount Vernon, TX, Franklin National 

Delaware Bankshares, Inc., Dover, DE, and Franklin National 

Bank, Mount Vernon, TX* (previously reported the week 

ending January 31, 2004)

Fed Reg – 02/27/2004

Newspaper – 02/28/2004

3(a)(3) Tradition Bancshares, Inc., Houston, TX, to acquire Katy Bank, 

N.A., Katy, TX*

Fed Reg – 03/05/2004

Newspaper – N/Avail

*Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

3(a)(1) SWNB Bancorp, Inc., Houston, TX, and SWNB Nevada 

Corporation, Las Vegas, NV, to acquire Southwestern National 

Bank, Houston, TX*

3(a)(1) SWNB Nevada Corporation, Las Vegas, NV, to acquire

Southwestern National Bank, Houston, TX*

*Subject to the provisions of the Community Reinvestment Act

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, February 7, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

91866 The Vintage Bank

1500 Soscol Avenue

Napa, California 94558

(707) 257-8585

10/06/2003 02/02/2004 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None