Federal Reserve Release

H.2

Actions of the Board, Its Staff,

and the Federal Reserve Banks; 

Applications and Reports Received

No. 7 

Week Ending February 16, 2008

Board of Governors of the Federal Reserve System, Washington, DC 20551
Testimony And Statements

Bond Insurance Industry -- statement by Patrick M. Parkinson, Deputy Director of 

the Division of Research and Statistics, before the Subcommittee on Capital Markets 

of the House Financial Services Committee on the implications of recent downgrades 

of bond insurers' ratings.

- Published, February 14, 2008

Community Reinvestment Act -- statement by Sandra F. Braunstein, Director, 

Division of Consumer and Community Affairs, before the House Committee on 

Financial Services on February 13, 2008.

- Reviewed, February 12, 2008

The Economy and Financial Markets -- statement by Chairman Bernanke before the 

Senate Committee on Banking, Housing, and Urban Affairs.

- Published, February 14, 2008

Forms

Forms -- final Board review to extend with revision the Application for Employment 

with the Board of Governors of the Federal Reserve System (FR 28) and to extend 

without revision the Recordkeeping Requirements Associated with the Real Estate 

Lending Standards Regulation for State Member Banks (Reg H-5).

- Approved, February 14, 2008

H.2 Board Actions February 10, 2008 to February 16, 2008

(A/C) = Addition or Correction Board - Page 1 of 1
H.2 Actions under delegated authority

BS&R

C&CA

FOMC

Banking Supervision and Regulation

Consumer and Comminity Affairs

Federal Open Market Committee

RBOPS Reserve Bank Operational and Payment System

IF International Finance

OSDM Office of Staff Director for Management

February 10, 2008 to February 16, 2008

Bank Branches, Domestic

Clear Mountain Bank, Bruceton Mills, West Virginia -- to establish a branch at 500 

Suncrest Towne Centre, Morgantown.

Richmond

- Approved, February 14, 2008

First American Bank, Fort Dodge, Iowa -- to establish a branch at 9311 College 

Parkway, Fort Myers, Florida.

Chicago

- Approved, February 12, 2008

Southwest Bank, Fort Worth, Texas -- to establish a branch at 1630 East Lamar 

Boulevard, Arlington.

Dallas

- Approved, February 14, 2008

Bank Holding Companies

BB&T Corporation, Winston-Salem, North Carolina -- to acquire BB&T Financial, 

FSB, Columbus, Georgia.

Richmond

- Approved, February 13, 2008

Covenant Bancshares, Inc., Forest Park, Illinois -- to become a bank holding 

company and to acquire Community Bank of Lawndale, Chicago.

Chicago

- Approved, February 15, 2008

(A/C) = Addition or Correction Delegated - 1 of 5
Bank Holding Companies

Germantown Capital Corporation, Inc., Germantown, Tennessee -- to become a bank 

holding company and to acquire First Capital Bank.

St. Louis

- Approved, February 14, 2008

Luana Bancorporation, Luana, Iowa -- to acquire First State Bank Iowa, New 

Hampton.

Chicago

- Approved, February 11, 2008

United Citizens 401(K) Savings Plan, Osseo, Wisconsin -- to become a bank holding 

company and to acquire shares of United Bancorporation, and thereby acquire United 

Bank, Osseo; Cambridge State Bank, Cambridge; Lincoln Community Bank, Merrill; 

Bank of Poynette, Poynette; Clark County State Bank, Osceola, Iowa; Farmers State 

Bank, Stickney, South Dakota; and Farmers & Merchants State Bank, Iroquois.

Minneapolis

- Approved, February 15, 2008

Bank Mergers

Midwest BankCentre, Lemay, Missouri -- to merge with The First National Bank of 

Mount Pulaski, Mount Pulaski, Illinois, and thereby establish a branch at 6870 Rote 

Road, Rockford.

St. Louis

- Approved, February 14, 2008

Bank Premises

AmeriState Bank, Atoka, Oklahoma -- to increase its investment in bank premises.

Kansas City

- Approved, February 14, 2008

H.2 Actions under delegated authority February 10, 2008 to February 16, 2008

(A/C) = Addition or Correction Delegated - 2 of 5
Bank Premises

Citizens Bank and Trust Company, Blackstone, Virginia -- to increase its investment 

in bank premises.

Richmond

- Approved, February 13, 2008

Clear Mountain Bank, Bruceton Mills, West Virginia -- to increase its investment in 

bank premises.

Richmond

- Approved, February 14, 2008

Change In Bank Control

Charlevoix First Corporation, Charlevoix, Michigan -- to retain control of 

Corporation and its subsidiary bank, Charlevoix State Bank.

Chicago

- Permitted, February 14, 2008

Griggsville Bancshares, Inc., Griggsville, Illinois -- to retain control of Bancshares 

and its subsidiary bank, Farmers National Bank of Griggsville.

St. Louis

- Permitted, February 13, 2008

KLT Bancshares, Inc., Farley, Missouri -- change in bank control of Bancshares and 

its subsidiary bank, Farley State Bank, Parkville.

Kansas City

- Permitted, February 11, 2008

H.2 Actions under delegated authority February 10, 2008 to February 16, 2008

(A/C) = Addition or Correction Delegated - 3 of 5
Change In Bank Control

Stamford Banco, Inc., Stamford, Nebraska -- change in bank control of Banco and its 

subsidiary bank, Community Bank, Alma.

Kansas City

- Permitted, February 13, 2008

Extensions Of Time

S & T Bancorp, Inc., Indiana, Pennsylvania -- extension to May 13, 2008, to acquire 

shares of Allegheny Valley Bancorp, Inc., Pittsburgh.

Cleveland

- Granted, February 12, 2008

Financial Holding Companies 

OSB Bancorp, Inc., Osgood, Ohio -- election to become a financial holding 

company.

Cleveland

- Effective, February 15, 2008

Membership

The Peoples Bank, Marion, Kentucky -- to become a member of the Federal Reserve 

System.

St. Louis

- Approved, February 13, 2008

H.2 Actions under delegated authority February 10, 2008 to February 16, 2008

(A/C) = Addition or Correction Delegated - 4 of 5
Regulations And Policies

Regulation CC -- technical amendments to Appendix A to reflect the restructuring of 

check processing operations at the Federal Reserve Banks of Kansas City and Dallas 

(Docket No. R-1308). 

Secretary

- Approved, February 12, 2008

H.2 Actions under delegated authority February 10, 2008 to February 16, 2008

(A/C) = Addition or Correction Delegated - 5 of 5
District: 1

Federal Reserve Bank of Boston

Filings received during the week ending February 16, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

Member Not applicable

Not applicable

Application by Needham Bank, Needham, 

Massachusetts to become a member of the 

Federal Reserve System pursuant to section 9 of 

the Federal Reserve Act and section 208.3 of 

Regulation H.

NEEDHAM BANK

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

Federal Reserve Bank of Boston

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of New York

Filings received during the week ending February 16, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Orange County Trust Company, Middletown, 02/29/2008

New York, to establish a branch office to be 

located at 80 North Plank Road, Newburgh, New 

York.

ORANGE COUNTY TRUST 

COMPANY

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

Federal Reserve Bank of New York

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Philadelphia

Filings received during the week ending February 16, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Susquehanna Bank DV, Bryn Mawr, PA to 02/15/2008

establish a branch office located at 76 East 

Lancaster Avenue, Ardmore, PA.

SUSQUEHANNA BANK DV

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

Federal Reserve Bank of Philadelphia

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

 928618 AMERISERV FNCL BK, JOHNSTOWN, PENNSYLVANIA 09/17/2007 01/29/2008 S Large Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Cleveland

Filings received during the week ending February 16, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch Not available

Not applicable

Fifth Thid Bank, Grand Rapids, MI to establish a 

branch at the southeast corner of State Route 54 

and Grand Boulevard, New Port Richey, FL.

FIFTH THIRD BANK

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

Federal Reserve Bank of Cleveland

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Richmond

Filings received during the week ending February 16, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Gateway Bank & Trust Co., Elizabeth City, 02/22/2008

North Carolina, proposes to establish a branch 

at 504 Meadowmont Village Circle, Chapel Hill, 

North Carolina.

GATEWAY BANK & TRUST CO.

Newspaper:

Federal Register:

* 18C

* Branch Not applicable

RBC Centura Bank, Raleigh, North Carolina, to 03/09/2008

merge with Alabama Exchange Bank, Tuskegee, 

Alabama; Community Bank of Naples, National 

Association, Naples, Florida; The Peachtree 

Bank, Duluth, Georgia; Florida Choice Bank, 

Mount Dora, Florida; Indian River National 

Bank, Vero Beach, Florida; First American Bank, 

Birmingham, Alabama; Georgia State Bank, 

Mableton, Georgia; CypressCoQuina Bank, 

Ormond Beach, Florida; Millennium Bank, 

Gainesville, Florida; and First Gulf Bank, 

National Association, Pensacola, Florida.

RBC CENTURA BANK

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

Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

 667524 BANK OF CHARLOTTE CTY, PHENIX, VIRGINIA 09/24/2007 12/19/2007 O Small Bank

 1161029 BANK OF HAMPTON ROADS, NORFOLK, VIRGINIA 09/17/2007 12/27/2007 S Int Sm Bank

 34425 BANK OF LANCASTER, KILMARNOCK, VIRGINIA 08/20/2007 01/03/2008 S Int Sm Bank

 746429 BANK OF MCKENNEY, MCKENNEY, VIRGINIA 07/30/2007 10/23/2007 O Small Bank

 214722 CHESAPEAKE BK, KILMARNOCK, VIRGINIA 06/25/2007 10/29/2007 S Int Sm Bank

 886624 CLEAR MNT BK, BRUCETON MILLS, WEST VIRGINIA 09/10/2007 12/27/2007 O Int Sm Bank

 2652092 EAGLEBANK, BETHESDA, MARYLAND 08/06/2007 11/07/2007 S Int Sm Bank

 2742153 FIRST CAP BK, GLEN ALLEN, VIRGINIA 09/10/2007 12/10/2007 S Small Bank

 2736451 NEW PEOPLES BK, HONAKER, VIRGINIA 08/13/2007 12/18/2007 S Large Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Atlanta

Filings received during the week ending February 16, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Aliant Bank, Alexander City, Alabama, to 02/20/2008

establish a branch located at 200 Fieldstown 

Road, Gardendale, Alabama.

ALIANT BANK

Newspaper:

Federal Register:

FBSEA Not available

Not applicable

Caixa de Aforros de Vigo, Ourense e 

Pontevedra, Vigo, Spain, to establish 

international bank branches in New York, New 

York, Chicago, Illinois, Los Angeles, California, 

and Houston, Texas.

CAIXA DE AFORROS DE VIGO, 

OURENSE E PONTEVEDRA

Newspaper:

Federal Register:

* 3A3 03/14/2008

03/14/2008

Community Bank Investors of America, LP, and 

FA Capital, LLC, both of Midlothian, Virginia, to 

acquire 22.95 percent of the outstanding shares 

of Silvergate Capital Corporation, and its 

subsidiary, Silvergate Bank, both of La Jolla, 

California.

COMMUNITY BANK 

INVESTORS OF AMERICA, LP

Newspaper:

Federal Register:

* Branch

Not applicable

Compass Bank, Birmingham, Alabama, to 02/19/2008

establish a branch located at 7205 Forest Oaks 

Boulevard, Spring Hill, Florida, to be known as 

the Forest Oaks Branch.

COMPASS BANK

Newspaper:

Federal Register:

* 4c8 03/09/2008

03/11/2008

First NBC Bank Holding Company, New 

Orleans, Louisiana, to acquire through merger, 

Dryades Bancorp, Inc., and its subsidiary, 

Dryades Savings Bank, F.S.B., both of New 

Orleans, Louisiana, and thereby engage in 

operating a savings association.

FIRST NBC BANK HOLDING 

COMPANY

Newspaper:

Federal Register:

4c8 Not applicable

Not applicable

Florida Bank Group, Inc., (formerly FBG Holding 

Company), through its subsidiary, Florida Bank 

Mortgage, Inc., both of Tampa, Florida, to 

engage de novo in making, acquiring, brokering, 

or servicing loans or other extensions of credit.

FLORIDA BANK GROUP, INC.

Newspaper:

Federal Register:

3A1 Not applicable

Not applicable

Merchants & Marine Bancorp, Inc., notice to 

become a bank holding company by acquiring 

100 percent of the outstanding shares of 

Merchants & Marine Bank, both of Pascagoula, 

Mississippi.

MERCHANTS & MARINE 

BANCORP, INC.

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

Federal Reserve Bank of Atlanta

Filings received during the week ending February 16, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Regions Bank, Birmingham, Alabama, to 02/27/2008

establish branches in the following locations: 

3226 Dauphin Street, Mobile, Alabama, to be 

known as the Dauphin Street Branch; 3950 

Airport Boulevard, Mobile, Alabama, to be 

known as the McGregor Square Branch; 7885 

Moffett Road, Semmes, Alabama, to be known 

as the Moffett and Schillinger Branch; 1097 

Industrial Parkway, Saraland, Alabama, to be 

known as the Saraland Branch; Highway 18 and 

Chadwick Drive, Jackson, Mississippi, to be 

known as the Metro Center Branch; South Mt. 

Juliet Road and Providence Boulevard, Mt. 

Juliet, Tennessee, to be known as the South Mt. 

Juliet Branch; Commerce Palms Drive and Bruce 

B. Downs Boulevard, Tampa, Florida, to be 

known as the Tampa Palms Branch; 28526 

Highway 23, Port Sulphur, Louisiana, to be 

known as Port Sulphur Branch; and the 

intersection of Cottage Hill Road and Dawes 

Road, to be known as the Cottage Hill Branch.

REGIONS BANK

Newspaper:

Federal Register:

* 3A1 Not available

03/17/2008

Summit Financial Enterprises, Inc., to become a 

bank holding company through the acquisition 

of 100 percent of the outstanding shares of 

Summit Bank, N.A., Panama City, Florida (in 

organization).

SUMMIT FINANCIAL 

ENTERPRISES, INC.

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

Federal Reserve Bank of Atlanta

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Chicago

Filings received during the week ending February 16, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

03/14/2008

First Fontanelle Employee Stock Ownership 

Plan and Trust, Fontanelle, Iowa, to become a 

bank holding company by acquiring 30.44 

percent of First Fontanelle Bancorporation, 

Fontanelle, Iowa, and thereby indirectly acquire 

First National Bank, Fontanelle, Iowa.

Newspaper:

Federal Register:

* 3A3 Not available

Not available

Bancorp of New Glarus, Inc., New Glarus, 

Wisconsin, to acquire 100 percent of the voting 

shares of Bank of Juda, Juda, Wisconsin.

BANCORP OF NEW GLARUS, 

INC.

Newspaper:

Federal Register:

* 3A3 Not available

03/11/2008

Bank Iowa Corporation, West Des Moines, 

Iowa, to acquire up to 100 percent of Hansen 

Bancorporation, Lawler, Iowa and thereby 

indirectly acquire State Bank of Lawler, New 

Hampton, Iowa.

BANK IOWA CORPORATION

Newspaper:

Federal Register:

* 3A3 02/14/2008

02/11/2008

Heartland Financial USA, Inc., Dubuque, Iowa, 

to acquire at least 80 percent of Minnesota Bank 

& Trust (in organization), Edina, Minnesota.

HEARTLAND FINANCIAL USA, 

INC.

Newspaper:

Federal Register:

* 3A1 Not available

02/25/2008

NRBC Holding Corporation, Chicago, Illinois, to 

become a bank holding company by acquiring 

100 percent of the voting shares of The National 

Republic Bank of Chicago, Chicago, Illinois.

NRBC HOLDING CORPORATION

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

Federal Reserve Bank of Chicago

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

 3351440 N STAR CMNTY BK, BINGHAM FARMS, MICHIGAN 09/17/2007 01/21/2008 S Small Bank

 747846 PORT BYRON ST BK, PORT BYRON, ILLINOIS 08/20/2007 01/04/2008 S Small Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of St. Louis

Filings received during the week ending February 16, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch

Not applicable

Arvest Bank, Fayetteville, Arkansas, to 02/27/2008

establish a branch facility to be located at 11207 

South State Highway 51 inside the Wal-Mart 

Supercenter, Coweta, Oklahoma.

ARVEST BANK

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

Federal Reserve Bank of St. Louis

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

 177751 CASS COMMERCIAL BK, BRIDGETON, MISSOURI 09/10/2007 12/21/2007 S Int Sm Bank

 657459 MIDWEST BANKCENTRE, LEMAY, MISSOURI 10/15/2007 01/23/2008 S Large Bank

 309150 MISSOURI BK THE, WARRENTON, MISSOURI 10/15/2007 12/28/2007 S Small Bank

 149253 REELFOOT BK, UNION CITY, TENNESSEE 09/17/2007 01/01/2008 S Small Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Minneapolis

Filings received during the week ending February 16, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC 02/21/2008

02/13/2008

Notice by Lawrence W. Jochim Revocable 

Trust, Lawrence W. Jochim as trustee and 

individually, Bigfork, Montana; Cindy Jochim 

and Richard Jochim, both of Bigfork, Montana; 

Todd Jochim, Lakeside, Montana; Lesley 

Jungers, Seeley Lake, Montana; Karla Langlois, 

Missoula, Montana; and Marcus Jochim and 

Beverly Jochim, both of Inverness, Montana, 

acting as a group in concert, to gain control of 

Flathead Holding Company of Bigfork, 

Montana, and thereby indirectly gain control of 

Flathead Bank of Bigfork, Bigfork, Montana. In 

addition, notice by Gib S. Nichols Living Trust 

and Sarah E. Nichols Living Trust, Gib Nichols 

and Sarah Nichols as trustees of each trust and 

individually, Vancouver, Washington; James 

Brendan Nichols, West Linn, Oregon; Shaun 

Nichols, Tuscon, Arizona; Norris D. Nichols, 

Helena, Montana, Karyl Arndt, Aurora, 

Colorado; and Roseanne Heser, Mahtomedi, 

Minnesota, acting as a group in concert, to gain 

control of Flathead Holding Company of 

Bigfork, Bigfork, Montana, and thereby 

indirectly gain control of Flathead Bank of 

Bigfork, Bigfork, Montana.

FLATHEAD HOLDING 

COMPANY OF BIGFORK

Newspaper:

Federal Register:

CIC Not available

03/04/2008

Notice by Lloyd O. Olson, Lake Park, 

Minnesota, to retain 10 percent or more of the 

shares of Lake Park Bancshares, Inc., Lake Park, 

Minnesota, and thereby indirectly retain control 

of State Bank of Lake Park, Lake Park, 

Minnesota.

LAKE PARK BANCSHARES, INC.

Newspaper:

Federal Register:

* 3A1 Not available

03/04/2008

Mills Financial Services, Inc., Brainerd, 

Minnesota, to become a bank holding company 

by acquiring 100 percent of First Security Bank - 

Sanborn, Sanborn, Minnesota.

MILLS FINANCIAL SERVICES 

INC.

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

Federal Reserve Bank of Minneapolis

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

 382050 CENTRAL SVG BK, SAULT SAINTE MARIE, MICHIGAN 10/02/2007 01/23/2008 O Small Bank

 444257 GLACIER BK OF WHITEFISH, WHITEFISH, MONTANA 09/17/2007 01/18/2008 O Small Bank

 624956 VALLEY BK OF RONAN, RONAN, MONTANA 10/15/2007 02/08/2008 O Small Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Kansas City

Filings received during the week ending February 16, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

02/21/2008

Notice by Kelly J. Schoen to acquire control of 

Freedom Bancshares, Inc., parent of Freedom 

Bank, all of Overland Park, Kansas, through the 

acquisition of voting shares.

FREEDOM BANCSHARES, INC.

Newspaper:

Federal Register:

Member Not applicable

Not applicable

Union Bank, N.A., Oklahoma City, Oklahoma, to 

retain its membership in the Federal Reserve 

System following its conversion from a national 

to a state charter.

UNION BANK, NATIONAL 

ASSOCIATION

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

Federal Reserve Bank of Kansas City

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

 776659 BANK AT BROADMOOR, COLORADO SPRINGS, COLORADO 10/15/2007 01/11/2008 S Small Bank

 871358 BANK OF HOLYROOD, HOLYROOD, KANSAS 10/22/2007 01/24/2008 S Small Bank

 56557 COBIZ BK, DENVER, COLORADO 10/01/2007 01/04/2008 S Large Bank

 9955 FIRST ST B&TC, LARNED, KANSAS 10/15/2007 01/11/2008 S Small Bank

 315357 ST MARYS ST BK, SAINT MARYS, KANSAS 10/22/2007 01/22/2008 S Small Bank

 85052 UINTA BK, MOUNTAIN VIEW, WYOMING 11/13/2007 02/05/2008 NI Small Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of Dallas

Filings received during the week ending February 16, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 Not available

Not available

National Bank & Trust Employee Stock 

Ownership Plan With 401(k) Provisions, La 

Grange, Texas, to become a bank holding 

company by acquiring up to 26 percent of First 

La Grange Bancshares, Inc., La Grange, Texas, 

and indirectly acquire National Bank & Trust, La 

Grange, Texas.

NATIONAL BANK & TRUST 

EMPLOYEE STOCK OWNERSHIP 

PLAN WITH 401(K) PROVISIONS

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

Federal Reserve Bank of Dallas

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

NONE

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

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

Federal Reserve Bank of San Francisco

Filings received during the week ending February 16, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

02/22/2008

UCBH Holdings, Inc., San Francisco, California, 

to acquire up to 6.52 percent of First American 

International Corporation, and thereby 

indirectly its subsidiary, First American 

International Bank, both of Brooklyn, New York.

UCBH HOLDINGS, INC.

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

Federal Reserve Bank of San Francisco

Availability of CRA Public Evaluations 

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

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

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

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

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

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

Exam Method

CRA

Institution / Location Exam Date Rating

RSSD

ID

CRA

Public Date

 91969 SAN JOAQUIN BK, BAKERSFIELD, CALIFORNIA 09/24/2007 01/09/2008 S Int Sm Bank

 3446766 UNITED BK ID, DRIGGS, IDAHO 09/24/2007 01/08/2008 S Small Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act