Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 52 

Week Ending December 29, 2001 

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions December 23, 2001 to December 29, 2001 

Forms 

Forms -- to extend the Recordkeeping and Disclosure Requirements Associated with 

Securities Transactions Pursuant to Regulation H (Reg H-3), Application for 

Employment with the Board of Governors of the Federal Reserve System (FR 28), 

and Compensation and Salary Surveys (FR 29a, b, c), and to implement the Surveys 

of Board Publications (FR 1373). 

- Approved, December 27, 2001 

Regulations And Policies 

International Accounting Standards Board -- Board comment letter and staff study 

on the IASB fair value accounting proposal. 

- Approved, December 27, 2001 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority December 23, 2001 to December 29, 2001 

BS&R 

C&CA 

FOMC 

Banking Supervision and Regulation 

Consumer and Community Affairs 

Federal Open Market Committee 

RBOPS 

IF 

OSDM 

Reserve Bank Operations and Payment Systems

International Finance

Office of Staff Director for Management

Bank Branches, Domestic 

Atlanta 

Compass Bank, Birmingham, Alabama -- to establish branches at the intersections of 

Crosshaven Drive and Sunview Drive, Birmingham; Hebron Parkway and Old Denton 

Road, Carrollton, Texas; and Elliot Road and Val Vista Drive, Mesa, Arizona. 

- Approved, December 26, 2001 

St. Louis 

First Bank, St. Louis, Missouri -- to establish a branch at 1021 West Bird, Peoria, Illinois. 

- Approved, December 27, 2001 

Atlanta 

Insurors Bank of Tennessee, Nashville, Tennessee -- to establish a mobile branch to 

serve the Nashville area. 

- Approved, December 26, 2001 

Richmond 

The Middleburg Bank, Middleburg, Virginia -- to establish a branch at 211 Fort Evans 

Road, NE, Leesburg. 

- Approved, December 28, 2001 

Richmond 

New Peoples Bank, Inc., Honaker, Virginia -- to establish a branch at 326 East Jackson 

Street, Gate City. 

- Approved, December 27, 2001 

Richmond 

Pioneer Bank, Stanley, Virginia -- to establish a branch at 120 Main Street, Harrisonburg. 

- Approved, December 27, 2001 

Atlanta 

SouthTrust Bank, Birmingham, Alabama -- to establish branches at the intersection of 

Orange Grove Boulevard and Hancock Bridge Parkway, North Fort Myers, Florida, and 

at Murdock Circle, Port Charlotte. 

- Approved, December 26, 2001 

(AC) = Addition or Correction Delegated - Page 1 of 6 
H.2 Actions under delegated authority December 23, 2001 to December 29, 2001 

Bank Holding Companies 

Secretary 

City National Corporation, Beverly Hills, California -- waiver of application for the 

acquisition of Civic BanCorp, Oakland, in connection with the merger of their subsidiary 

banks, City National Bank, Beverly Hills, and CivicBank of Commerce, Oakland. 

- Granted, December 27, 2001 

Kansas City 

Emerald Financial Corporation, Burden, Kansas -- to become a bank holding company 

through a reorganization with respect to State Bank of Burden. 

- Approved, December 24, 2001 

Chicago 

FBOP Corporation, Oak Park, Illinois -- to acquire Bank Plus Corporation, Los 

Angeles, California, and Fidelity Federal Bank, FSB, Glendale. 

- Approved, December 28, 2001 

Atlanta 

First Columbia Bancorp, Inc., Lake City, Florida -- to become a bank holding company 

through the acquisition of Columbia County Bank. 

- Approved, December 24, 2001 

Chicago 

Atlanta 

Atlanta 

Mahaska Investment Company, Oskaloosa, Iowa -- to engage in data processing 

activities. 

- Approved, December 26, 2001 

South Alabama Bancorporation, Inc., Mobile, Alabama -- to merge with Gulf Coast 

Community Bancshares, Inc., Wewahitchka, Florida, and thereby acquire Wewahitchka 

State Bank. 

- Returned, December 26, 2001 

Southwest Florida Community Bancorp, Inc., Fort Myers, Florida -- to become a bank 

holding company through the acquisition of First Community Bank of Southwest Florida. 

- Approved, December 26, 2001 

(AC) = Addition or Correction Delegated - Page 2 of 6 
H.2 Actions under delegated authority December 23, 2001 to December 29, 2001 

Bank Holding Companies 

Chicago 

Spector Properties, Inc., Chicago, Illinois -- to become a bank holding company through 

the retention of shares of Andalusia Community Bank, Andalusia. 

- Approved, December 27, 2001 

Atlanta 

Unity Holdings, Inc., Cartersville, Georgia -- commitment waiver request. 

- Granted, December 27, 2001 

Kansas City 

Valley View Bancshares, Inc., Overland Park, Kansas -- to acquire Guaranty 

Bancshares, Kansas City. 

- Approved, December 27, 2001 

Bank Mergers 

Chicago 

Comerica Bank-California, San Jose, California -- to purchase certain assets and assume 

certain liabilities of Progress Bank, Blue Bell, Pennsylvania. 

- Approved, December 27, 2001 

St. Louis 

First Bank, Creve Coeur, Missouri -- to acquire PlainsBank of Illinois, National 

Association, Des Plaines, Illinois, and thereby establish branches. 

- Approved, December 26, 2001 

Change In Bank Control 

Dallas 

Kenco Bancshares, Inc., Jayton, Texas -- change in bank control. 

- Permitted, December 27, 2001 

Competitive Factors Reports 

Chicago 

Cresco Union Savings Bank, Cresco, Iowa -- report on competitive factors of the 

proposed purchase of certain assets and assumption of certain liabilities of the Osage 

branch of Northwest Federal Savings Bank, Spencer. 

- Submitted, December 26, 2001 

(AC) = Addition or Correction Delegated - Page 3 of 6 
H.2 Actions under delegated authority December 23, 2001 to December 29, 2001 

Competitive Factors Reports 

Chicago 

F&M Bank, Watertown, South Dakota -- report on competitive factors of the proposed 

merger with First Western Bank, N.A., Atkinson, Nebraska, and Marquette Bank 

Nebraska, N.A., O'Neill. 

- Submitted, December 26, 2001 

Atlanta 

FloridaFirst Bank, Lakeland, Florida -- report on competitive factors of the proposed 

purchase of assets and assumption of deposit liabilities of seven branches in Lakeland, 

Avon Park, Sebring, and Wildwood of SunTrust Bank, Atlanta, Georgia. 

- Submitted, December 26, 2001 

Chicago 

LaSalle Bank, National Association, Chicago, Illinois, and LaSalle Interim Bank, National 

Association, San Diego, California -- reports on competitive factors of the proposed 

mergers of LaSalle Bank, National Association and LaSalle Interim Bank, National 

Association; and of LaSalle Interim Bank, National Association and Chicago Trust 

Company of California, San Diego, California. 

- Submitted, December 26, 2001 

Chicago 

Lincoln State Bank, Milwaukee, Wisconsin -- report on competitive factors of the 

proposed merger with Lincoln Community Bank. 

- Submitted, December 26, 2001 

Chicago 

Northern Trust Bank of Arizona, National Association, Phoenix, Arizona -- report on 

competitive factors of the proposed merger with Northern Trust Bank of Colorado, 

Denver, Colorado. 

- Submitted, December 26, 2001 

Dallas 

Northwest Bank, Roanoke, Texas -- report on competitive factors of the proposed 

merger with Northwest Acquisition, Inc. 

- Submitted, December 27, 2001 

(AC) = Addition or Correction Delegated - Page 4 of 6 
H.2 Actions under delegated authority December 23, 2001 to December 29, 2001 

Competitive Factors Reports 

Chicago 

People's Trust Company, Brookville, Indiana -- report on competitive factors of the 

proposed merger with Union Bank and Trust Company, Greensburg. 

- Submitted, December 26, 2001 

Cleveland 

Potters Bank, East Liverpool, Ohio -- report on competitive factors of the proposed 

merger with The Home Savings and Loan Company of Youngstown, Ohio, Youngstown. 

- Submitted, December 24, 2001 

Philadelphia 

Willow Grove Bank, Willow Grove, Pennsylvania -- report on competitive factors of the 

proposed conversion and reorganization as Willow Grove Mutual Holding Company. 

- Submitted, December 28, 2001 

Extensions Of Time 

Chicago 

Bank of Elmwood, Racine, Wisconsin -- extension to April 22, 2002, to establish a 

branch at 5901 Washington Road, Kenosha. 

- Granted, December 27, 2001 

Kansas City 

Farmers Bank Holding Company, Ault, Colorado -- extensions to February 10, 2002, to 

acquire Farmers Bank, a de novo bank (new Farmers Bank); and for the new Farmers 

Bank to purchase certain assets and assume certain liabilities of the existing Farmers Bank. 

- Granted, December 13, 2001 (AC) 

Membership 

Minneapolis 

Community Bank Chaska, Chaska, Minnesota -- membership in the Federal Reserve 

System. 

- Approved, December 27, 2001 

Philadelphia 

Equity Bank, Marlton, New Jersey -- membership in the Federal Reserve System. 

- Approved, December 21, 2001 (AC) 

(AC) = Addition or Correction Delegated - Page 5 of 6 
H.2 Actions under delegated authority December 23, 2001 to December 29, 2001 

Membership 

St. Louis 

Heritage National Bank, Lawrenceville, Illinois -- to become a state-chartered member of 

the Federal Reserve System known as Heritage State Bank, and to retain a branch at 200 

North West Street, Olney. 

- Approved, December 27, 2001 

(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, December 29, 2001 

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 Central Bancorp, Inc., Somerville, Massachusetts – notice by Newspaper – N/Avail Fed 

Joseph R. Doherty and the Joseph R. Doherty Family Limited Reg – 01/17/2002 

Partnership, L.P. to purchase greater than 10% of the voting 

shares 

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 Quarter of 

Institution Location 

None 
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, December 29, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

FBBR-RB Dresdner Bank, Aktiengesellschaft, Frankfurt, Germany to Newspaper- N/Avail 

establish an additional branch in New York, New York. 

* Subject to the provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

3(a)(3)/3(a)(5) United National Bancorp and United Trust Bank, both of Newspaper - N/Avail Fed 

Bridgewater, New Jersey (“Applicants”) to acquire and Reg – N/Avail 

merge Vista Bancorp, Inc., and Vista Bank, National 

Association, both of Phillipsburg, New Jersey, with and into 

Applicants.* 

* 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 Quarter of 

Institution Location 

None 
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, December 29, 2001 

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 Quarter of 

Institution Location 

None 
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, December 29, 2001 

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 

381026 The Twin Valley Bank, 10/22/2001 12/26/2001 S X 

P.O. Box 8, 

West Alexandria, OH 45381 

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, December 29, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Farmers Bank, Windsor, Virginia, to establish a branch at 238 Newspaper - 12/20/2001 

Holland Road, Suite 104, Suffolk, Virginia.* 

*Subject to the provisions of the Community Reinvestment Act. 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

Section IV – Applications not 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 

1190074 Virginia Commerce Bank 

5350 Lee Highway 

Arlington, Virginia 22207 

10/01/2001 12/27/2001 S X

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, December 29, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Covington County Bank, Andalusia, Alabama, to establish a 12/19/2001* 

branch located at 609 Florala Highway, Opp, Alabama. 

*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 

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 Quarter of 

Institution Location 

None 
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, December 29, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Comerica Bank, Detroit, Michigan, for prior approval to 

establish a branch at 6634 Allen Road, Allen Park, Michigan.* 

Newspaper – 12/21/2001 

Branch Hinsdale Bank & Trust Company, Hinsdale, Illinois, for prior 

approval to establish a branch at 17 E. Burlington Avenue, 

Riverside, Illinois.* 

Newspaper – 01/07/2002 

* 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 

CC Notification by CoVest Bancshares, Inc. Employee Stock 

Ownership Plan Trust, Paul A. Larsen, James L. Roberts and 

Barbara A. Buscemi, Trustees, of a Change in Control of CoVest 

Bancshares, Inc., Des Plaines, Illinois. 

4(c)(8) FBOP Corporation, Oak Park, Illinois, for prior approval to 

acquire 100 percent of the voting shares of acquire Gateway 

Investment Services, Inc., Los Angeles, California and thereby 

engage in securities brokerage activities.* 

CC Notification by Brian and Elizabeth Riddell, as general partners 

of Riddell Family Limited Partnership and William and Linda 

Biles, of a Change in Control to each own 50% of First 

Heartland Bancorp., Sioux Center, Iowa. 

4(c)(8) First Mutual of Richmond, Inc., Richmond, Indiana and 

Richmond Mutual Bancorporation, Inc., Richmond, Indiana, for 

prior approval to acquire 100 percent of the voting shares of 

AmTrust Capital Corp., Peru, Indiana and thereby indirectly 

acquire American Trust Federal Savings Bank, Peru, Indiana 

and Indiana Financial Service Corporation, Peru, Indiana.* 

CC Notification by Douglas L. Kapnick, of a Change in Control of 

Lenawee Bancorp, Inc., Adrian, Michigan. 

Fed Reg – 01/16/2002 

Newspaper – N/Avail 

Fed Reg – 12/27/2001 

Newspaper – 10/08/2001 

Fed Reg – 01/17/2002 

Newspaper – N/Avail 

Fed Reg – 01/14/2002 

Newspaper – N/Avail 

Fed Reg – N/Avail 

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

Ending date of 

Type Application comment period 

3(a)(5) Macatawa Bank Corporation, Holland, Michigan, for prior 

approval to acquire 100 percent of the voting shares of Grand 

Bank Financial Corporation, Grand Rapids, Michigan and 

thereby indirectly acquire Grand Bank, Grand Rapids, 

Michigan.* 

Fed Reg –01/18/2002 

Newspaper – N/Avail 

3(a)(5) Marshall & Ilsley Corporation, Milwaukee, Wisconsin, for prior 

approval to acquire 100 percent of the voting shares of Richfield 

State Agency, Inc., Richfield, Minnesota and thereby indirectly 

acquire Richfield Bank & Trust Co., Richfield, Minnesota.* 

Fed Reg – 01/18/2002 

Newspaper – N/Avail 

3(a)(1) Peoples Bancorp., Rock Valley, Iowa, for prior approval to 

become a bank holding company by acquiring 100 percent of the 

voting shares of Peoples Bank, Rock Valley, Iowa.* 

Fed Reg – 12/31/2001 

Newspaper – N/Avail 

3(a)(3) River Valley Bancorp, Inc., Eldridge, Iowa, for prior approval to 

acquire 100 percent of the outstanding voting shares of State 

Bank of Seaton, Seaton, Illinois.* 

Fed Reg – 01/14/2002 

Newspaper – 01/11/2002 

3(a)(1) TCSB Bancorp, Inc., Traverse City, Michigan, for prior 

approval to become a bank holding company through the 

acquisition of 100 percent of the outstanding shares of Traverse 

City State Bank, Traverse City, Michigan.* 

Fed Reg – 01/11/2002 

Newspaper – N/Avail 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4(c)(8) Peoples Bancorp., Rock Valley, Iowa, for prior approval to Fed Reg – 12/31/2001 

retain Peoples Financial Inc., Rock Valley, Iowa and thereby 

engage in insurance activities in a place of less than 5, 000 in 

population. 

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 

282141 F& M Bank-Wisconsin 

P.O. Box 920 

Kaukauna, Wisconsin 54130 

(810) 768-4715 

02/26/2001 12/26/2001 S X

2813491 Peoples Bank of Arlington Heights 

10 S. Vail Avenue 

Arlington Heights, Illinois 60005 

(847) 368-0100 

08/06/2001 12/28/001 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, December 29, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) Notice by Bank of Mulberry, Mulberry, Arkansas, to merge with Newspaper – 1/20/2002 

Bank of Mansfield, Mansfield, Arkansas.* 

* Subject to the provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

3(a)(1) Notice by First Service Financial Company, Crestwood, 

Missouri, to acquire 100 percent of the voting shares of First 

Service Bank, Crestwood, Missouri (in organization).* 

3(a)(1) Notice by Bancorp IV, Inc., Olathe, Kansas, to acquire 100 

percent of the voting shares of Bank of Montgomery County, 

Wellsville, Missouri.* 

3(a)(1) Notice by Hardin County Bancorp, Inc., Rosiclare, Illinois, to 

acquire 100 percent of the voting shares of State Bank of 

Rosiclare, Rosiclare, Illinois. (Previously submitted during the 

week ending December 15, 2001)* 

Newspaper – 1/26/2002 

Fed Reg – 1/28/2002 

Newspaper – 1/12/2002 

Fed Reg – 1/11/2002 

Newspaper – 1/19/2002 

Fed Reg – 1/22/2002 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4(c)(8) Notice by Union Planters Corporation, Memphis, Tennessee, to Fed Reg – 1/4/2002 

acquire Union Planters Investment Advisors, Inc., Memphis, 

Tennessee, and thereby indirectly engage, de novo, in 

investment advisory activities. (Previously submitted during the 

week ending December 15, 2001) 
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 Quarter of 

Institution Location 

None 
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, December 29, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

BKBR First Interstate bank, Billings, Montana, to establish a branch at 

4612 Rue Terre, Cheyenne, Wyoming.* 

N/Avail. 

BKBR First American Bank & Trust, Madison, South Dakota, to 

establish a branch at Highway 12 and 12th Street, Watertown, 

South Dakota.* 

N/Avail 

* Subject to the provisions of the Community Reinvestment Act. 

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

Ending date of 

Type Application comment period 

3(a)(3) Northern Plains Investment, Inc., Jamestown, North Dakota, for Fed Reg – 01/18/2002 

retroactive approval of the increase in its direct and indirect Newspaper – N/Avail. 

ownership interest in North Star Holding Company, Inc., 

Jamestown, North Dakota, from 43.33% to 45.01%.* 

* Subject to the provision 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 

837653 Heartland State Bank 

Edgeley, North Dakota 

9/17/2001 12/27/2001 S X

287650 Farmers State Bank 

Faith, South Dakota 

9/18/2001 12/27/2001 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, December 29, 2001 

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 

516855 Security Bank 10/01/2001 12/27/2001 S X 

551 Harrison Street 

Pawnee, Oklahoma 74058-2566 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, December 29, 2001 

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)(3) Baylor Bancshares, Inc., Seymour, TX, and Baylor Delaware Fed Reg – 01/14/2002 

Corporation, Wilmington, DE, to acquire Citizens State Bank, Newspaper – 01/12/2002 

Princeton, TX* (previously reported the week ending December 

15, 2001) 

*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 Quarter of 

Institution Location 

None 
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, December 29, 2001 

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)(3) BNP Paribas, Paris, France, and Bancwest Corporation, Newspaper - 1/17/02 Fed 

Honolulu, Hawaii, to acquire United California Bank, Los Reg - 1/28/02 

Angeles, California. * 

* 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 

Waiver Eggemeyer Advisory Corp, WJR Corp, Castle Creek Capital, 

LLC, Castle Creek Capital Partners Fund I, LP, Castle Creek 

Capital Partners Fund 11a, Castle Creek Capital Partners Fund 

11b, and First Community Bancorp, all of Rancho Santa Fe, 

California, requests a waiver of any Bank Holding Company Act 

application requirement in connection with the merger of Pacific 

Western National Bank, Pico Rivera, California, and First 

Community Bank of the Desert, Indian Wells, California, with 

First Professional Bank, N.A., Santa Monica, California. 
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 

1884140 Verdugo Banking Co. 7/30/2001 12/27/2001 NI X 

400 North Brand Boulevard Suite 900 

Glendale, California 91203 

(818) 549-1000 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None