Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 17 

Week Ending April 27, 2002 

Board of Governors of the Federal Reserve System, Washington, DC 20551 
H.2 Board Actions April 21, 2002 to April 27, 2002 

Testimony And Statements 

Federal deposit insurance reform -- statement by Chairman Greenspan before the Senate 

Committee on Banking, Housing, and Urban Affairs, April 23, 2002. 

- Published, April 23, 2002 

Recent economic developments and the availability of credit to small businesses --

statement by Vice Chairman Ferguson before the House Small Business Committee, April 

24, 2002. 

- Published, April 24, 2002 

Enforcement 

Community Bank of Granbury, Granbury, Texas -- issuance of an order of assessment of 

a civil money penalty. 

- Announced, April 26, 2002 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority April 21, 2002 to April 27, 2002 

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 

New York 

Banco Popular North America, New York, New York -- to establish a branch at 1610 

Main Avenue, Clifton, New Jersey. 

- Approved, April 24, 2002 

Atlanta 

Colonial Bank, Montgomery, Alabama -- to establish a branch at 3901 Highway 78 East, 

Jasper. 

- Approved, April 26, 2002 

Cleveland 

Farmers Bank and Savings Company, Pomeroy, Ohio -- to establish a branch at 424 

Second Street, Mason, West Virginia. 

- Approved, April 23, 2002 

Kansas City 

First United Bank, Englewood, Colorado -- to establish a branch at 6500 West 104th 

Avenue, Westminster. 

- Approved, April 22, 2002 

Chicago 

Irwin Union Bank and Trust Company, Columbus, Indiana -- to establish a branch at 

2502 Lake Lansing Road, Lansing, Michigan. 

- Approved, April 26, 2002 

San Francisco 

Oak Valley Community Bank, Oakdale, California -- to establish a branch at 568 West 

Line Street, Bishop. 

- Approved, April 24, 2002 

Atlanta 

Palm Beach County Bank, Boynton Beach, Florida -- to establish a branch at 2101 

Centrepark West Drive, Suite 150, West Palm Beach. 

- Approved, April 26, 2002 

(AC) = Addition or Correction Delegated - Page 1 of 5 
H.2 Actions under delegated authority April 21, 2002 to April 27, 2002 

Bank Branches, Domestic 

Atlanta 

SouthTrust Bank, Birmingham, Alabama -- to establish a branch at 9775 North 56th 

Street, Temple Terrace, Florida. 

- Approved, April 26, 2002 

Bank Holding Companies 

Kansas City 

Ameri-National Corporation, Leawood, Kansas -- waiver of application requirements in 

connection with the proposed acquisition of Winterset State Bank, Harrisonville, Missouri. 

- Granted, April 26, 2002 

Atlanta 

The BANKshares, Inc., Melbourne, Florida -- to become a bank holding company 

through the acquisition of The Bank Brevard. 

- Approved, April 22, 2002 

Chicago 

Capital Bancshares, Inc., Primghar, Iowa -- to become a bank holding company through 

the acquisition of Primghar Savings Bank. 

- Approved, April 26, 2002 

Atlanta 

Community First, Inc., Columbia, Tennessee -- to become a bank holding company 

through the acquisition of Community First Bank & Trust. 

- Withdrawn, April 22, 2002 

Atlanta 

FCB Florida Bancorporation, Inc., Orlando, Florida -- to become a bank holding 

company through the acquisition of First Commercial Bank of Florida. 

- Approved, April 26, 2002 

Chicago 

First Midwest Financial, Inc., Storm Lake, Iowa -- to engage in trust company activities. 

- Approved, April 25, 2002 

(AC) = Addition or Correction Delegated - Page 2 of 5 
H.2 Actions under delegated authority April 21, 2002 to April 27, 2002 

Bank Holding Companies 

Richmond 

MidCarolina Financial Corporation, Burlington, North Carolina -- to become a bank 

holding company through the acquisition of MidCarolina Bank. 

- Approved, April 24, 2002 

Atlanta 

Southern Bancorp, Inc., Marietta, Georgia -- waiver of a commitment. 

- Granted, April 23, 2002 

Bank Mergers 

Kansas City 

Community Banks of Southern Colorado, Rocky Ford, Colorado -- to merge with 

Rocky Ford Federal Savings and Loan Association and establish a branch. 

- Approved, April 22, 2002 

Change In Bank Control 

Minneapolis 

Currie Bancorporation, Inc., Currie, Minnesota -- change in bank control notices. 

- Permitted, April 25, 2002 

Kansas City 

State Bank Employee Stock Ownership Plan, Hoxie, Kansas -- change in bank control. 

- Permitted, April 25, 2002 

Competitive Factors Reports 

Boston 

Brookline Savings Bank, Brookline, Massachusetts -- report on competitive factors of 

the proposed merger with Brookline Interim Savings Bank I, Brookline Interim Savings 

Bank II, and Brookline Interim Savings Bank III. 

- Submitted, April 24, 2002 

Atlanta 

Century Bank, Lucedale, Mississippi -- report on competitive factors of the proposed 

merger with Mobile County Bank, Grand Bay, Alabama. 

- Submitted, April 24, 2002 

(AC) = Addition or Correction Delegated - Page 3 of 5 
H.2 Actions under delegated authority April 21, 2002 to April 27, 2002 

Competitive Factors Reports 

Minneapolis 

F & M Community Bank, Preston, Minnesota -- report on competitive factors of the 

proposed merger with F & M Community Bank, National Association, Chatfield. 

- Submitted, April 22, 2002 

Minneapolis 

First Federal Savings Bank LaCrosse-Madison, La Crosse, Wisconsin -- report on 

competitive factors of the proposed acquisition of the Albert Lea, Austin, Mankato, and 

Rochester, Minnesota, branches of Commercial Federal Bank, a Federal Savings Bank, 

Omaha, Nebraska. 

- Submitted, April 22, 2002 

Atlanta 

MidSouth Bank, N.A., Lafayette, Louisiana -- report on competitive factors of the 

proposed purchase of assets and assumption of liabilities of the Morgan City branch of 

IBERIABANK, New Iberia. 

- Submitted, April 24, 2002 

San Francisco 

Mission Bank, Bakersfield, California -- report on competitive factors of the proposed 

merger with Mission Merger Company. 

- Submitted, April 25, 2002 

San Francisco 

Territorial Savings and Loan Association, Honolulu, Hawaii -- report on competitive 

factors of the proposed conversion from a state to a federal mutual savings association 

and reorganization into a two-tier mutual holding company. 

- Submitted, April 22, 2002 

Dallas 

Wells Fargo Bank Texas, National Association, San Antonio, Texas -- report on 

competitive factors of the proposed merger with First State Bank of Texas, Denton, and 

The First National Bank of Texas, Decatur. 

- Submitted, April 23, 2002 

(AC) = Addition or Correction Delegated - Page 4 of 5 
H.2 Actions under delegated authority April 21, 2002 to April 27, 2002 

Extensions Of Time 

St. Louis 

The Callaway Bank, Fulton, Missouri -- extension to September 1, 2002, to establish a 

branch at West Broadway and Broadfield Drive, Columbia. 

- Granted, April 22, 2002 

Financial Holding Companies 

Minneapolis 

Financial Services of St. Croix Falls, Inc., St. Croix Falls, Wisconsin -- election to 

become a financial holding company. 

- Effective, April 25, 2002 

Membership 

Dallas 

Community Bank, Katy, Texas -- request for withdrawal from membership in the Federal 

Reserve System. 

- Granted, April 18, 2002 (AC) 

Kansas City 

Community Banks of the Rockies, La Jara, Colorado -- to retain membership in the 

Federal Reserve System after conversion from a national to a state charter. 

- Approved, April 22, 2002 

Kansas City 

Territory Bank, Muskogee, Oklahoma -- to retain membership in the Federal Reserve 

System after conversion from a national to a state charter. 

- Approved, April 26, 2002 

Minneapolis 

Valley Bank-Dundas, Dundas, Minnesota -- request to waive the six months' notice of 

withdrawal from membership in the Federal Reserve System. 

- Granted, April 22, 2002 

(AC) = Addition or Correction Delegated - Page 5 of 5 
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, April 27, 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 

3(a)(3) Port Financial Corp., Brighton, Massachusetts - application to Newspaper - 05/16/2002 

increase its share ownership in Cambridge Bancorp, Cambridge, Fed Reg - 05/17/2002 

Massachusetts (Cambridge) up to 9.9% of the outstanding voting 

shares of Cambridge 

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, April 27, 2002

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch JP Morgan Chase Bank, New York, New York, to relocate its 

1121 Madison Avenue, New York, New York branch to 12 East 

86th Street, New York, New York.

Newspaper – 05/25/2002

Branch Fortis Bank S.A./N.V., Belgium, Netherlands, to establish 

branches at 520 Madison Avenue, New York, New York, and 3 

Stamford Plaza, Stamford, Connecticut.

Newspaper – N/A

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

Type Application

Ending date of

comment period

3A1 CSB Financial Corp., (“Financial”) Teaneck, New Jersey, to 

become a bank holding company with respect to community 

State Bank, Teaneck, New Jersey, and notice by the 

Lindenbaum Group and Basswood Partners LLC, which upon 

the bank holding company formation, will own approximately 

22.6 percent of Financial, upon the conversion of bank shares to 

Financial’s shares.

Newspaper – 04/30/2002

Fed. Reg. – 04/19/2002

3A1 NorCrown Bancorp, Livingston, New Jersey, to become a onebank holding company for NorCrown Bank, Livingston, New 

Jersey.

Fed. Reg. – N/A

Newspaper – N/A

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4C8 Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft 

In Munchen, Munich, Germany, to indirectly acquire Vestrust 

Securities LLC, Coral Gables, Florida, and thereby engage in 

financial and investment advisory activities and agency 

transactional services for customer investments.

Fed. Reg. – N/A
Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4C8 Dresdner Bank Aktiengesellschaft, Frankfurt, Germany, 

Dresdner Bank Lateinamerika Aktiengesellschaft, Hamburg, 

Germany, and Allianz Aktiengesellschaft, Munich, Germany, to 

acquire Vestrust Securities LLC, Coral Gables, Florida, and 

thereby engage in financial and investment advisory activities 

and agency transactional services for customer investments.

Fed. Reg. – N/A

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None
Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, April 27, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Community Bank and Trust Company, Clarks Summit, 

PA, to establish a branch office located at 92 Brooklyn 

05/10/2002 

Street, Carbondale, PA. 

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, April 27, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Received notice from Fifth Third Bank Western Michigan, Grand 04/29/2002 

Rapids, MI to establish a branch at 410 South Greenville West 

Drive, Greenville, MI.* 

* 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. 

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 

614313 The State Bank and Trust Company 01/28/2002 04/25/2002 S 

401 Clinton Street 

Defiance, OH 43512 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 

X 
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, April 27, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Monarch Bank, Chesapeake, Virginia, to establish a branch at 

3701 Pacific Avenue, Virginia Beach, Virginia.* 

Newspaper - 04/30/2002 

Branch Sandy Spring Bank, Olney, Maryland, to establish a branch at 

8921 Fingerboard Road, Frederick, Maryland.* 

Newspaper - 05/03/2002 

Branch Bank of Clarke County, Berryville, Virginia, to establish a 

branch at McNeil Road, Berryville, Virginia.* 

Newspaper - 05/17/2002 

18(c) RBC Centura Bank, Rocky Mount, North Carolina, to merge 

with Eagle Bancshares, Inc., Tucker, Georgia, and its sub-sidiary 

thrift, Tucker Federal Bank, Tucker, Georgia.* 

Newspaper - 05/26/2002 

* 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)(1) Carolina National Corporation, Columbia, South Carolina, to 

become a bank holding company through the acquisition of 

100% of the voting shares of Carolina National Bank and Trust 

Company, Columbia, South Carolina (an organizing bank).* 

4(c)(8) Royal Bank of Canada, Montreal, Canada, and RBC Centura 

Banks, Inc., Rocky Mount, North Carolina, to acquire Eagle 

Bancshares, Inc., Tucker, Georgia.* 

3(a)(1) Access National Corporation, Chantilly, Virginia, to become a 

bank holding company through the acquisition of 100% of the 

voting shares of Access National Bank, Chantilly, Virginia.* 

CIC Michael Leo Middleton, individually and together with members 

of his immediate family, to control 11.96% of the voting shares 

of Tri-County Financial Corporation, Waldorf, Maryland.* 

Fed Reg - 05/24/2002 

Newspaper - 05/28/2002 

Fed Reg - N/Avail 

Newspaper - 05/26/2002 

Fed Reg - N/Avail 

Newspaper - 05/20/2002 

Fed Reg - N/Avail 

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 

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 

708333 Peoples Bank of Mullens 

200 1st Street 

02/11/2002 04/27/2002 S X 

Mullens, West Virginia 25882 

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, April 27, 2002

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

located at 9775 N. 56th Street, Temple Terrace, Florida, to be 

known as the Temple Terrace Branch.

04/26/2002*

Branch Compass Bank, Birmingham, Alabama, to establish a mobile 

branch to serve the following cities: (1) Birmingham, Huntsville, 

Mobile, Montgomery and Tuscaloosa, Alabama; (2) Phoenix, 

Scottsdale, Tempe and Tucson, Arizona; (3) Denver, Boulder, 

Colorado Springs, and Fort Collins, Colorado; (4) Gainesville, 

Jacksonville, Pensacola, Fort Walton Beach, and Saint

Augustine, Florida; (5) Albuquerque, New Mexico; and (6) 

Austin, Dallas, Fort Worth, Houston, and San Antonio, Texas.

05/06/2002*

*Subject to provisions of the Community Reinvestment Act

Section II – Applications subject to both news paper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(1) BankFIRST Bancorp, Inc., Winter Park, Florida, to become a 

bank holding company by acquiring BankFIRST, Winter Park, 

Florida.

N/Avail*

CIC Georgia Central Bancshares, Inc., Social Circle, Georgia, afterthe-fact change in control by Mr. Alvin Gibson to retain 14 

percent of the outstanding shares of Georgia Central Bancshares, 

Inc., and its subsidiary, Georgia Central Bank, both of Social 

Circle, Georgia.

Fed Reg -5/10/2002

CIC FirstFed Bancorp, Inc., Bessemer, Alabama, after-the-fact 

change in control notice filed by First Financial Fund, Inc., to 

retain its holdings of approximately 10.87 percent of the

outstanding shares of FirstFed Bancorp, Inc., Bessemer,

Alabama.

Newspaper – 05/07/2002

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

Type Application

Ending date of

comment period

None

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

Type Application

WAIVR Citizens Holding Company, Inc., Philadelphia, Mississippi, 

application waiver request with respect to its acquisition of 

CB&T Capital Corp., and indirect acquisition of Citizens Bank 

and Trust Company, both of Louisville, Mississippi. 

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, April 27, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) & Branch First American Bank, Fort Dodge, Iowa, to merge with First 

American Bank, Sioux City, Iowa. In addition, First American 

Bank, Fort Dodge, Iowa, will establish a branch at 800 Gordon 

Drive, Sioux City, Iowa..* 

Newspaper – N/Avail 

Branch First Midwest Bank, Buffalo Grove, Illinois, for prior approval 

to establish a branch office at Buffalo Grove, Illinois, the site of 

its head office, which will be relocated to Itasca, Illinois.* 

Newspaper – 04/30/2002 

Branch Goshen Community Bank, Goshen, Indiana, for prior approval 

to expand the current mobile branch coverage to a distance of up 

to a 15-mile radius from the head office.* 

Newspaper – 04/30/2002 

* Subject to the provisions of the Community Reinvestment Act 

Section II – Applications subject to both ne wspaper and Federal Register notice 

Ending date of 

Type Application comment period 

COC Notice by the Friday Family (Beth Gore Friday, Mesa, Arizona; 

Allen Gore Friday, Atlantic, Iowa; Arthur Randall Friday, 

Houston, Texas; and Nola Kathleen Friday, Dallas, Texas) to 

retain control of Anita Bancorporation, Atlantic, Iowa and 

thereby retain Rolling Hills Bank and Trust, Atlantic, Iowa. 

COC Notice by David Lee Gross to acquire greater than 10 percent of 

the outstanding shares of First Beardstown Bancorp, 

Beardstown, Illinois and thereby indirectly acquire First State 

Bank of Beardstown, Beardstown, Illinois. 

COC Notice by John R. Madden and his family consisting of seven 

individuals, Oak Brook, Illinois, and Thomas Herbsrtitt and his 

family consisting of 5 individuals, Franklin Park, Illinois, to 

acquire control of First Schaumburg Bancorporation, Inc., 

Schaumburg, Illinois; and through it to control its subsidiary, 

Heritage Bank of Schaumburg, Schaumburg, Illinois. 

3(a)(1) Franklin Bancorp, Inc., Southfield, Michigan, to become a bank 

holding company by acquiring 100 percent of the outstanding 

shares of Franklin Bank, N.A., Southfield, Michigan 

Fed Reg – 05/14/2002 

Newspaper – N/Avail 

Fed Reg – 05/15/2002 

Newspaper – N/Avail 

Fed Reg – N/Avail 

Newspaper –N/Avail 

Fed Reg – 05/15/2002 

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

Ending date of 

Type Application comment period 

3(a)(3) Hometown Independent Bancorp, Inc. Employee Stock Fed Reg – N/Avail 

Ownership Plan and Trust, Morton, Illinois, for prior approval to Newspaper –N/Avail 

acquire an additional 25,000 thousand shares (6.6%) and thereby 

increase ownership to 37.1 percent of Hometown Independent 

Bancorp, Inc., Morton, Illinois. 

* 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) DMB Corporation, Inc., DeForest, Wisconsin, proposes to Fed Reg – 05/17/2002 

acquire 100 percent of DMB LANtech Services, LLC, DeForest, 

Wisconsin, and thereby to engage in data processing activities. 

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

Type Application 

None 

Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

983448 M&I Marshall & Ilsley Bank 08/13/2001 04/22/2002 O X 

770 North Water Street 

Milwaukee, Wisconsin 53202 

(414) 765-7741 

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, April 27, 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 

Type Application 

3A1 Citizens Cumberland Bancshares, Inc., Burkesville, Kentucky, 

to become a bank holding company by acquiring 100 percent of 

Citizens Bank of Cumberland County, Inc., Burkesville, 

Kentucky.* 

CIC Notice by Charles Donald Ransdell to retain control of Franklin 

Bancshares, Inc., Franklin, Illinois. 

3A3 Midwest Bankers’ Bancorporation, Inc., Jefferson City, 

Missouri, to acquire 100 percent of Nebraska Bankers’ Bank, 

National Association, Lincoln, Nebraska.* 

3A5 South Central Bancshares, Inc., Russellv ille, Kentucky, to merge 

with Commerce Bancshares, Inc., Franklin, Tennessee, and 

thereby indirectly acquire Peoples State Bank of Commerce, 

Trenton, Tennessee.* 

Ending date of 

comment period 

Newspaper – 05/24/2002 

Fed Reg – 05/28/2002 

Newspaper – N/Avail Fed 

Reg – 05/15/2002 

Newspaper – 05/26/2002 

Fed Reg – 05/24/2002 

Newspaper – N/Avail Fed 

Reg – N/Avail 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4c8 Commerce Bancshares, Inc., Franklin, Tennessee, proposes to Fed Reg – 05/13/2002 

make, acquire, broker, or service loans or other extensions of 

credit through the acquisition of Citizens Corporation, Franklin, 

Tennessee. It also proposes to provide data processing services 

through Financial Data Technology Corporation ("Fi-data"), 

Franklin, Tennessee, and engage in general insurance agency 

services in a town of less that 5,000, through Citizens & Peoples 

Insurance, Inc., Grant, Alabama. Fi Data and Citizens & Peoples 

Insurance, Inc. are subsidiaries of Citizens Corporation. 

(Previously submitted during the week ending April 20, 2002) 
Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4c8 First Banks, Inc., St. Louis, Missouri, to indirectly engage in 

community development activities, through Allegiant 

Community Development Corporation, St. Louis, Missouri; and 

to indirectly engage in real estate and personal property 

appraising, financial and investment advisory activities, and 

private-placement of securities services, as agent, through 

Allegiant Capital Corporation, St. Louis, Missouri. Both 

companies are subsidiaries of Allegiant Bancorp, Inc., St. Louis, 

Missouri. (Previously submitted during the week ending April 

20, 2002) 

Fed Reg – 05/10/2002 

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, April 27, 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 Alan L. Lerberg to acquire control of Peoples Bankshares, Inc, Newspaper-05/07/2002 

Parshall, North Dakota and thereby indirectly to acquire control Fed Reg-05/14/2002 

of Peoples Bank and Trust, Parshall, North Dakota. 

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 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, April 27, 2002 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch The F&M Bank and Trust Company, Tulsa, Oklahoma, to 

establish a branch at 12400 E. 96th Street North, Owassa, 

Oklahoma. 

Newspaper –04/06/2002 

18(c) The Union State Bank, Arkansas City, Kansas, to purchase 

certain assets and assume certain liabilities of the Arkansas City, 

Kansas, branch of State Bank of Winfield, Winfield, Kansas. 

Newspaper – 05/22/2002 

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

Ending date of 

Type Application comment period 

3a1 Brooke Holdings, Inc., Brooke Corporation, Inc. and Brooke 

Bancshares, Inc., all of Overland Park, Kansas, to become bank 

holding companies through the acquisition of 100 percent of the 

voting shares of Centerville State Bank, Centerville, Kansas. 

3a3 Farmers State Bank of Fort Morgan Employee Stock Ownership 

Plan, Fort Morgan, Colorado, to acquire up to 38 percent of the 

voting shares of FSB Bancorporation, Inc., Fort Morgan, 

Colorado, parent of Farmers State Bank, Fort Morgan, Colorado. 

3a3 Meader Insurance Agency, Inc., Waverly, Kansas, to acquire up 

to 11.02 percent of the voting shares of 1st Financial Bancshares, 

Inc., Overland Park, Kansas, parent of 1st Financial Bank, 

Overland Park, Kansas; Centerville State Bank, Centerville, 

Kansas; and Sylvan Agency, Inc., Sylvan Grove, Kansas. 

4c8 Meader Insurance Agency, Inc., Waverly, Kansas, to acquire up 

to 11.02 percent of the voting shares of 1st Financial Bancshares, 

Inc., Overland Park, Kansas, parent of Sylvan Agency, Inc., 

Sylvan Grove, Kansas and thereby indirectly engage in 

insurance activities. 

Newspaper – 05/12/2002 

Fed Reg – 05/20/2002 

Newspaper – N/Available 

Fed Reg – N/Available 

Newspaper – N/Available 

Fed Reg – 05/28/2002 

Newspaper – N/Available 

Fed Reg – 05/28/2002 
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 

Member Territory Bank, Muskogee, Oklahoma, to become a member of 

the Federal Reserve System. 

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 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, April 27, 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, April 27, 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 David F. Moorhouse, Friday Harbor, Washington, to Newspaper – N/Avail Fed 

increase his shares in San Juan Bank Holding Company, Friday Reg – 4/16/2002 

Harbor, 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 

None 

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

Type Application 

3(a)(5)(C) Pacific State Bancorp, Stockton, California, to become a bank 

holding company by acquiring at least 67 percent of Pacific State 

Bank, Stockton, 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 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None