Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 29 

Week Ending July 20, 2002 

Board of Governors of the Federal Reserve System, Washington, DC 20551 
H.2 Board Actions July 14, 2002 to July 20, 2002 

Change In Bank Control 

Bryn Mawr Bank Corporation, Bryn Mawr, Pennsylvania -- change in bank control. 

- Permitted, July 19, 2002 

Enforcement 

The PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania -- written agreement, 

dated July 12, 2002, with the Federal Reserve Bank of Cleveland. 

- Announced, July 18, 2002 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority July 14, 2002 to July 20, 2002 

BS&R Banking Supervision and Regulation RBOPS Reserve Bank Operations and Payment Systems 

IF International Finance 

OSDM Office of Staff Director for Management 

C&CA Consumer and Community Affairs 

FOMC Federal Open Market Committee 

Bank Branches, Domestic 

St. Louis 

Atlanta 

Allied Bank, Mulberry, Arkansas -- to establish a branch at 111 North Second Street, 

Ozark. 

- Approved, July 18, 2002 

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

Blanco Road and North Texas 1604 Loop West, San Antonio, Texas; Glade Road and 

Heritage Avenue, Fort Worth; and Rufe Snow Drive and North Tarrant Parkway; Farmto-Market 407 and Morris Road, Dallas; East Thomas Road and North 40th Street, 

Phoenix, Arizona; and South Yosemite Street and Kimmer Drive, Denver, Colorado. 

- Approved, July 17, 2002 

Richmond 

Four Oaks Bank & Trust Company, Four Oaks, North Carolina -- to establish a branch 

at 406 East Main Street, Wallace. 

- Approved, July 19, 2002 

Dallas 

PNB Financial Bank, Lubbock, Texas -- to establish a branch at 2500 Legacy Drive, 

Frisco. 

- Approved, July 17, 2002 

Chicago 

Sand Ridge Bank, Highland, Indiana -- to establish a branch at the intersection of U.S. 

Highway 231 and Broadway Avenue, Crown Point. 

- Approved, July 15, 2002 

Atlanta 

SouthTrust Bank, Birmingham, Alabama -- to establish a branch at 3994 Tampa Road, 

Oldsmar, Florida. 

- Approved, July 3, 2002 (AC) 

(AC) = Addition or Correction Delegated - Page 1 of 7 
H.2 Actions under delegated authority July 14, 2002 to July 20, 2002 

Bank Branches, Domestic 

Atlanta 

The Terrace Bank of Florida, Tampa, Florida -- to establish a branch at 4005 South Dale 

Mabry Highway. 

- Approved, July 5, 2002 (AC) 

Bank Holding Companies 

Atlanta 

CenterState Banks of Florida, Inc., Winter Haven, Florida -- to acquire CenterState 

Bank of Florida. 

- Approved, July 18, 2002 

San Francisco 

First Financial Holdings, MHC, Renton, Washington, and First Financial of Renton, 

Inc. -- to become bank holding companies through the acquisition of First Savings Bank 

of Renton, and elections to become financial holding companies. 

- Approved, July 18, 2002 

Kansas City 

First Midwest Acquisition Corporation, Midwest City, Oklahoma -- to become a bank 

holding company through the acquisition of shares of First Midwest Bancorp, Inc. and to 

engage indirectly in lending activities through FinancePoint, Inc., Del City, a subsidiary of 

First Midwest Bancorp. Inc. 

- Approved, July 17, 2002 

Boston 

Machias Bancorp, MHC, Machias, Maine, and Machias Bancorp, Inc.; and Merrill 

Merchants Bankshares, Inc., Bangor -- to acquire, through a joint venture, M&M 

Consulting LLC, and shares of Profit Protection LLC, Fort Lauderdale. 

- Approved, July 18, 2002 

Richmond 

MainStreet BankShares, Inc., Martinsville, Virginia -- to acquire Franklin Community 

Bank, N.A., Rocky Mount, a de novo bank. 

- Approved, July 18, 2002 

(AC) = Addition or Correction Delegated - Page 2 of 7 
H.2 Actions under delegated authority July 14, 2002 to July 20, 2002 

Bank Holding Companies 

Chicago 

Atlanta 

Atlanta 

Boston 

Marshall & Ilsley Corporation, Milwaukee, Wisconsin -- to acquire indirectly 

PAYTRU$T, INC., Lawrenceville, New Jersey, through Metavante Corporation, a 

subsidiary of Marshall & Ilsley Corporation. 

- Approved, July 18, 2002 

Morton Bancorp, Inc., Morton, Mississippi -- to become a bank holding company 

through the acquisition of Bank of Morton. 

- Withdrawn, July 19, 2002 

P.C.B. Bancorp, Inc., Largo, Florida -- to merge with Gateway American Bancshares, 

Inc., Ft. Lauderdale, and thereby acquire Gateway American Bank of Florida. 

- Withdrawn, July 19, 2002 

Port Financial Corp, Brighton, Massachusetts -- relief from a commitment in connection 

with the proposed acquisition of shares of Cambridge Bancorp, Cambridge. 

- Granted, July 17, 2002 

San Francisco 

TODAY'S BANCORP, Inc., Vancouver, Washington -- to become a bank holding 

company through the acquisition of Today's Bank. 

- Withdrawn, July 17, 2002 

Bank Mergers 

Chicago 

Midwest Bank and Trust Company, Elmwood Park, Illinois -- to merge with Midwest 

Bank of Hinsdale, Hinsdale, and Midwest Bank of McHenry County, Union. 

- Approved, July 15, 2002 

(AC) = Addition or Correction Delegated - Page 3 of 7 
H.2 Actions under delegated authority July 14, 2002 to July 20, 2002 

Banks, State Member 

Chicago 

M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin -- to continue to operate M&I 

Mortgage Reinsurance Corporation as a financial subsidiary. 

- Approved, July 18, 2002 

Change In Bank Control 

Kansas City 

First Bancorp of Oklahoma, Inc., Tonkawa, Oklahoma -- change in bank control. 

- Permitted, July 17, 2002 

Kansas City 

First Centralia Bancshares, Inc., Centralia, Kansas -- change in bank control. 

- Permitted, July 17, 2002 

Richmond 

First South Bancorp, Inc., Washington, North Carolina -- change in bank control. 

- Permitted, July 19, 2002 

Atlanta 

Jordan Banking Company, Leary, Georgia -- change in bank control. 

- Permitted, July 17, 2002 

Atlanta 

Tennessee Commerce Bancorp, Inc., Franklin, Tennessee -- change in bank control. 

- Permitted, July 18, 2002 

Competitive Factors Reports 

Chicago 

Bank of Prairie du Sac, Prairie du Sac, Wisconsin -- report on competitive factors of the 

proposed merger with PdS Interim Bank. 

- Submitted, July 17, 2002 

Chicago 

Burlington Bank and Trust, Burlington, Iowa -- report on competitive factors of the 

proposed merger with Southeast Security Bank, Mediapolis. 

- Submitted, July 17, 2002 

(AC) = Addition or Correction Delegated - Page 4 of 7 
H.2 Actions under delegated authority July 14, 2002 to July 20, 2002 

Competitive Factors Reports 

San Francisco 

California National Bank, Los Angeles, California -- report on competitive factors of the 

proposed acquisition of Fidelity Federal Bank, a Federal Savings Bank, Glendale. 

- Submitted, July 17, 2002 

Secretary 

Citizens Bank of Massachusetts, Boston, Massachusetts -- report on competitive factors 

of the proposed merger with Medford Savings Bank, Medford. 

- Submitted, July 19, 2002 

Cleveland 

First Federal Savings Bank of Ironton, Ironton, Ohio -- report on competitive factors of 

the proposed merger with Interim FSB. 

- Submitted, July 15, 2002 

St. Louis 

First National Bank, Paragould, Arkansas -- report on competitive factors of the 

proposed merger with Corning Bank, Corning. 

- Submitted, July 15, 2002 

Chicago 

First State Bank of Beecher City, Beecher City, Illinois -- report on competitive factors 

of the proposed merger with Tri-County Interim Bank. 

- Submitted, July 17, 2002 

Cleveland 

Foundation Bank, Cincinnati, Ohio -- report on competitive factors of the proposed 

merger with The Findlay Savings Bank. 

- Submitted, July 15, 2002 

Atlanta 

Jordan Banking Company, Leary, Georgia -- report on competitive factors of the 

proposed merger with Horizon Mortgage Lending, Inc., Stockbridge, through a 

corporate reorganization. 

- Submitted, July 17, 2002 

(AC) = Addition or Correction Delegated - Page 5 of 7 
H.2 Actions under delegated authority July 14, 2002 to July 20, 2002 

Competitive Factors Reports 

St. Louis 

The Monticello Banking Company, Monticello, Kentucky -- report on competitive 

factors of the proposed merger with Bank of Clinton County, Inc., Albany. 

- Submitted, July 18, 2002 

Boston 

The Pemigewasset National Bank of Plymouth, Plymouth, New Hampshire -- report on 

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

liabilities of three New Hampshire branches of Fleet National Bank, Providence, Rhode 

Island. 

- Submitted, July 19, 2002 

San Francisco 

Security Business Bank of San Diego, San Diego, California, a de novo bank -- report on 

competitive factors of the proposed acquisition of the San Diego branch of Manufacturers 

Bank, Los Angeles. 

- Submitted, July 17, 2002 

Dallas 

Sterling Bank, Houston, Texas -- report on competitive factors of the proposed merger 

with Eagle National Bank, Dallas. 

- Submitted, July 19, 2002 

Atlanta 

Wheeler County State Bank, Alamo, Georgia -- report on competitive factors of the 

proposed merger with Wheeler Interim, Inc. 

- Submitted, July 17, 2002 

Extensions Of Time 

Dallas 

Tanglewood Bancshares, Inc., Houston, Texas, and Tanglewood Bancshares of 

Delaware, Inc., Wilmington, Delaware -- extension to September 27, 2002, to become 

bank holding companies through the acquisition of Bank of Tanglewood, National 

Association, Houston. 

- Granted, July 16, 2002 

(AC) = Addition or Correction Delegated - Page 6 of 7 
H.2 Actions under delegated authority July 14, 2002 to July 20, 2002 

Financial Holding Companies 

Chicago 

MB Financial, Inc., Chicago, Illinois -- election to become a financial holding company. 

- Effective, July 16, 2002 

Membership 

Minneapolis 

American State Bank of Olivia, Olivia, Minnesota -- to become a member of the Federal 

Reserve System. 

- Approved, July 19, 2002 

(AC) = Addition or Correction Delegated - Page 7 of 7 
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, July 20, 2002 

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 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, July 20, 2002 

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 Third Quarter of 2002 

Institution Location 

None 
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, July 20, 2002 

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, July 20, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

*Branch Sky Bank, Salineville, OH to establish a branch at 800 South 115th 

Street, Sebring, OH. 

07/18/2002

*18(c) *Branch Sky Bank, Salineville, OH to merge with Three Rivers Bank and 

Trust Company, Jefferson Boroughs, PA and incident thereto 

establish 25 branch faciliites. 

Not Yet Known 

* Subject to the provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

CIC Notice of Change in Bank Control filed by the Romer Family (John 

Romer, Elizabeth Romer, Albert Romer, Rebecca Moorman, James 

Romer, and Margery Romer) of their intent to retain ownership and 

control of 54.3 percent of the outstanding voting shares of the 

Ottoville Bank Company, Ottoville, OH. 

CIC Notice of Change in Bank Control filed by the Romer Family (John 

Romer, Elizabeth Romer, Albert Romer, David Romer, Karla Clune, 

Kathryn Hart, Lynn Hemmelgarn, Rebecca Moorman, James 

Romer, and Margery Romer, Jacqueline Romer-Sensky, Jeffery 

Romer, Timothy Romer, Nancy Schroeder, and Douglas Roemer) 

of their intent to retain ownership and control of 67.7 percent of 

the outstanding voting shares of the St. Henry Bank, St. Henry, 

OH. 

*3A5 Sky Financial Group, Inc., Bowling Green, OH to acquire up to 19 

percent of the voting shares of NSD Bancorp, Inc., Pittsburgh, 

PA. 

*3A5 Sky Financial Group, Inc., Bowling Green, OH to acquire Three 

Rivers Bancorp, Monroeville, PA and its sole bank subsidiary, The 

Three Rivers Bank and Trust, Jefferson Borough, PA. 

Newspaper – N/Avail 

Fed Reg – 08/02/2002 

Newspaper – N/Avail 

Fed Reg – 08/02/2002 

Newspaper – N/Avail 

Fed Reg – 08/19/2002 

Newspaper – N/Avail 

Fed Reg – 08/19/2002 

*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 

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. 

The federal bank regulators use the following four 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 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, July 20, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch NBRS Financial, Rising Sun, Maryland, to establish a branch at 

3535 Conowingo Road, Street, Maryland.* 

Newspaper - 07/26/2002 

Branch RBC Centura Bank, Rocky Mount, North Carolina, to establish 

a branch at 1136 Washington Street, Suite 503, Columbia, South 

Carolina.* 

Newspaper - 07/27/2002 

*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 

3(a)(5) Capital Bank Corporation, Raleigh, North Carolina, to acquire Fed Reg - 08/08/2002 

100% of the voting shares of High Street Corporation, Ashe- Newspaper - 08/04/2002 

ville, North Carolina.* 

*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 

3(a)(1) United Financial, Inc., Graham, North Carolina, to become a 

bank holding company through the acquisition of 100% of the 

voting shares of Alamance National Bank, Graham, North 

Carolina. 
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 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, July 20, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Colonial Bank, Montgomery, Alabama, to establish a branch 

located at 1200 Plantation Island, Suite 110, St. Augustine, 

Florida. 

Branch Colonial Bank, Montgomery, Alabama, to establish a branch 

located at 7204 Sand Lake Road, Suite 100, Orlando, Florida. 

Branch Colonial Bank, Montgomery, Alabama, to establish a branch 

located at 7797 N. Wickham Road, Melbourne, Florida. 

Branch Southern Exchange Bank, Tampa, Florida, to establish a branch 

located at 725 Harbour Post Drive, Tampa, Florida. 

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

located at 1620 West 49th Street, Miami, Florida. 

07/16/2002* 

07/16/2002* 

07/16/2002* 

08/02/2002* 

07/17/2002* 

*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 

CIC Liberty Shares, Inc., Hinesville, Georgia, after-the-fact change in 

control notification filed by James M. Floyd, Sr., Floyd 

Stockholdings, LP, Floyd Real Estate Holdings, LP, Carolyn M. 

Floyd, James M. Floyd, Jr., Alicia L. Floyd, Meghann T. Floyd, 

Roscoe L. Floyd, Evanne L. Floyd (joint tenants with Right of 

Survivorship), O.C. Martin, Jr., Carroll W. Floyd, Billie G. 

Floyd, all of Hinesville, Georgia; Karen Floyd Boyer, Clayton 

D. Boyer, Mary Nichole Boyer, Nicholas C. Boyer, all of 

Richmond Hill, Georgia, O.C. Martin, III, and Janet P. Martin, 

both of Winston-Salem, North Carolina; to collectively retain 

16.15 percent of the outstanding shares of Liberty Shares, Inc., 

Hinesville, Georgia. 

Newspaper - 07/12/2002 

Fed Reg – 07/05/2002 
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 

2906311 Newnan Coweta Bank 04/08/2002 07/16/2002 S X 

Post Office Box 71699 

Newnan, Georgia 30271 

(770) 683-6222 

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, July 20, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18C & Branches Salin Bank & Trust Company, Indianapolis, Indiana, to merge Newspaper – N/Avail 

with Blue River Federal Savings Bank, Edinburg, Indiana and 

thereby to establish branches.* 

* 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 

4(c)(8) FBOP Corporation, Oak Park, Illinois, to acquire 100 percent of Fed Reg – N/Avail 

American Home Loan Corporation, Phoenix, Arizona, and Newspaper – N/Avail 

thereby indirectly acquire Bank USA, a Federal Savings Bank, 

Phoenix, Arizona, and thereby to operate a savings association. 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Fe deral 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 

716833 Marquette Bank 01/11/2002 07/19/2002 O X 

6316 S. Western Avenue 

Chicago, Illinois 60636 

(773) 476-5100 

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, July 20, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

CIC Notice by The Ernest Hazel III Trust and Kay Hammond Hazel, 

Vero Beach, Florida, as trustee, to gain control of Cardinal 

Bancorp Inc., Saint Louis, Missouri. (Previously submitted 

during the week ending July 13, 2002) 

CIC Notice by L & T Investment Limited Partnership, to gain control 

of First Service Bancshares, Inc., Dermott, Arkansas. 

3A1 Independent Holdings, Inc., Memphis, Tennessee, to become a 

bank holding company by acquiring 100 percent of the voting 

shares of Independent Bank, Memphis, Tennessee. (Previously 

submitted during the week ending July 13, 2002)* 

3A3 Rockhold BanCorp., Kirksville, Missouri, to acquire 8 percent 

of La Plata Bancshares, Inc., La Plata, Missouri, and thereby 

indirectly acquire La Plata State Bank, La Plata, Missouri.* 

Newspaper – 08/08/2002 

Fed Reg – 07/30/2002 

Newspaper – N/Avail 

Fed Reg – N/Avail 

Newspaper – 08/16/2002 

Fed Reg – 08/15/2002 

Newspaper – 08/09/2002 

Fed Reg – 08/19/2002 

* 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 

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 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, July 20, 2002 

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 The John M. Morrison Florida Intangible Trust #5 dated 

5/16/02, Naples, Florida, to gain control of Central Bancshares, 

Inc., Golden Valley, Minnesota, and thereby indirectly gain 

control of Central Bank, Stillwater, Minnesota 

CIC Kari A. M. and Peter J. Nelson, Glenwood, Minnesota, and Paul 

Martinson, Eden Prairie, Minnesota, and Eric W. and Kirsten R. 

M. Nelson, Glenwood, Minnesota, to gain control of Financial 

Services of Lowry, Inc., Lowry, Minnesota, and thereby 

indirectly gain control of Lowry State Bank, Lowry, Minnesota. 

Fed Reg – 07/29/2002 

Newspaper – 07/17/2002 

Fed Reg – 08/01/2002 

Newspaper – 08/14/2002 

*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 

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 ba nks 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 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, July 20, 2002 

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 

SMB Financial First State Bank, Taos, New Mexico, to acquire 50 percent

Subsidiary of the ownership interest of New Mexico Title of 

Albuquerque, LLC, Albuquerque, New Mexico, a financial 

subsidiary. 
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 

973252 Swedish-American State Bank 04/22/2002 07/17/2002 S X 

Main & Liberty Street 

Courtland, Kansas 66939 

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, July 20, 2002 

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 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, July 20, 2002 

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 F. Kemper Freeman, Jr., Betty J. Freeman, Suzanne L. McQuaid, Newspaper – 07/05/2002 

Amy C. Schreck, Bellevue Square Managers I Limited Partnerhsip, Fed Reg – 07/24/2002 

and Bellevue Square Managers, Inc., all of Bellevue, Washington, 

to acquire ownership of 15.85 percent of First Mutual Bancshares, 

Inc., Bellevue, Washington.* 

* 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) Security Pacific Bancorp, Ontario, California, to engage in Fed Reg – 08/08/2002 

nonbanking activities through the formation of Security Pacific 

Finance Company, Ontario, California. 

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