Federal Reserve Release

H.2

Actions of the Board, Its Staff,

and the Federal Reserve Banks; 

Applications and Reports Received

No. 1 

Week Ending January 5, 2008

Board of Governors of the Federal Reserve System, Washington, DC 20551
Discount Rates

Discount and Advance Rates -- requests by twelve Federal Reserve Banks to 

establish a rate for advances made in connection with an auction conducted under the 

new Term Auction Facility.

- Approved, December 17, 2007

(A/C)

H.2 Board Actions December 30, 2007 to January 5, 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

December 30, 2007 to January 5, 2008

Bank Branches, Domestic

1st Financial Bank, Overland Park, Kansas -- to establish a branch at 650 East 5th 

Street, Kansas City, Missouri.

Kansas City

- Approved, January 4, 2008

First Capital Bank, Glen Allen, Virginia -- to establish a branch at 2810 Buford 

Road, Richmond.

Richmond

- Approved, January 3, 2008

RBC Centura Bank, Raleigh, North Carolina -- to establish a branch at 5208 Sunset 

Lake Road, Holly Springs.

Richmond

- Approved, January 4, 2008

RBC Centura Bank, Raleigh, North Carolina -- to establish a branch at 2885 Western 

Boulevard, Jacksonville.

Richmond

- Approved, January 4, 2008

SunTrust Bank, Atlanta, Georgia -- to establish branches at 2615 East Highway 50, 

Clermont, Florida; 12610 U.S. Highway 19, Hudson; and 4929 Main Street, Spring 

Hill, Tennessee.

Secretary

- Approved, January 3, 2008

(A/C) = Addition or Correction Delegated - 1 of 4
Bank Holding Companies

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

indirect interest in Davidson Trust Company, Devon, Pennsylvania, and thereby 

engage in trust and financial investment advisory activities.

Boston

- Approved, January 3, 2008

Franklin Resources, Inc., San Mateo, California -- to retain shares of Commerce 

Bancorp, Inc., Cherry Hill, New Jersey, and thereby indirectly retain an interest in 

Commerce Bank, National Association, Philadelphia, Pennsylvania.

San Francisco

- Approved, January 3, 2008

Frontier Financial Corporation, Everett, Washington -- waiver of application to 

merge with Washington Banking Company, Oak Harbor, in connection with the 

merger of Whidbey Island Bank, Coupeville, and Frontier Bank, Everett.

San Francisco

- Granted, January 2, 2008

Harker Investments, LLLP, Denver, Colorado -- to become a bank holding company 

and to engage in selling credit life insurance through the acquisition of The Kit 

Carson Insurance Agency, Inc., Kit Carson.

Kansas City

- Approved, January 3, 2008

NATCOM Bancshares, Inc., Superior, Wisconsin -- to purchase participation loans 

from its subsidiary, National Bank of Commerce, and thereby engage in extending 

credit and servicing loans.

Secretary

- Approved, January 3, 2008

H.2 Actions under delegated authority December 30, 2007 to January 5, 2008

(A/C) = Addition or Correction Delegated - 2 of 4
Bank Holding Companies

National Penn Bancshares, Inc., Boyertown, Pennsylvania -- waiver of application to 

merge with KNBT Bancorp, Inc., Bethlehem, in connection with the merger of 

Keystone Nazareth Bank & Trust Company and National Penn Bank.

Philadelphia

- Granted, January 3, 2008

ServisFirst Bancshares, Inc., Birmingham, Alabama -- relief from a commitment.

Atlanta

- Withdrawn, January 3, 2008

Banks, Foreign

SparkassenVerband Baden-Wurttemberg and Landesbank Baden-Wurttemberg, 

Stuttgart, Germany -- request for temporary authority to engage indirectly in certain 

nonbanking activities and hold certain investments in the United States in connection 

with the acquisition of Landesbank Sachsen Aktiengesellschaft, Leipzig.

General Counsel

- Granted, December 28, 2007

(A/C)

Extensions Of Time

Virginia Financial Group, Inc., Culpeper, Virginia -- extension to April 12, 2008, to 

acquire FNB Corporation, Christiansburg, and thereby indirectly acquire First 

National Bank.

Richmond

- Granted, January 4, 2008

H.2 Actions under delegated authority December 30, 2007 to January 5, 2008

(A/C) = Addition or Correction Delegated - 3 of 4
International Operations

Bank of America, National Association, Charlotte, North Carolina; Bank of America 

Overseas Corporation, Charlotte, North Carolina; and BankAmerica International 

Finance Corporation, San Francisco, California -- waiver of remainder of notification 

period to invest in BoA Netherlands Cooperatieve U.A., Amsterdam, the 

Netherlands, and modification of the aggregate investment limit of Regulation K.

Director, BS&R

- Granted, December 21, 2007

(A/C)

Membership

Monument Bank, Doylestown, Pennsylvania -- to become a member of the Federal 

Reserve System.

Philadelphia

- Approved, January 4, 2008

Regulations And Policies

Federal Open Market Committee -- minutes of the meeting held on December 11, 

2007, and of a conference call held on December 6, 2007.

FOMC

- Published, January 2, 2008

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

check processing operations of the Federal Reserve Banks of New York, 

Philadelphia, and Cleveland, and to provide notice relating to future changes to 

Appendix A (Docket No. R-1306).

Secretary

- Approved, January 2, 2008

H.2 Actions under delegated authority December 30, 2007 to January 5, 2008

(A/C) = Addition or Correction Delegated - 4 of 4
District: 1

Federal Reserve Bank of Boston

Filings received during the week ending January 5, 2008

Filer Filing Type Filing Proposal End of Comment Period

NONE

* 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 January 5, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 18C Not available

* Branch Not applicable

Chemung Canal Trust Company, Elmira, New 

York for prior approval to purchase loans and 

other assets, and assume the deposit liabilities 

of three branches of Manufacturers and Traders 

Trust Company, Buffalo, New York, pursuant to 

Section 18(c) of the Federal Deposit Insurance 

Act and establish branches pursuant to Section 

9 of the Federal Reserve Act.

CHEMUNG CANAL TRUST 

COMPANY

Newspaper:

Federal Register:

FBSEA

Not applicable

KfW IPEX Bank GmbH, Frankfurt, 01/05/2008

Germany,(in-formation) to establish a 

representative office in New York, New York, 

pursuant to Section 10(a) of the International 

Banking Act of 1978, as amended, and Section 

211.24(a)(1) of Regulation K.

KFW IPEX - BANK GMBH

Newspaper:

Federal Register:

* 3A1 01/17/2008

01/18/2008

National Australia Bank Limited, Melbourne, 

Australia, to become a one-bank holding 

company, pursuant to Section 3(a)(1) of the 

BHC Act and Section 225.17 of Regulation Y, by 

acquiring Great Western Bancorporation, Inc., 

Omaha, Nebraska and its subsidiary Great 

Western Bank, Watertown, South Dakota.

NATIONAL AUSTRALIA BANK 

LIMITED

* 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 January 5, 2008

Filer Filing Type Filing Proposal End of Comment Period

NONE

* 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

NONE

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 January 5, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* Branch Not available

Not applicable

Cortland Savings and Banking Company, 

Corland, OH to establish a branch at 15561 

West High Street, Middlefield, OH.

CORTLAND SAVINGS AND 

BANKING COMPANY, THE

Newspaper:

Federal Register:

CIC Not available

Not available

Notice of Change in Bank Control,Robert Duane 

Hord (and Hord control group) to acquire in 

excess of 10 percent of the outstanding shares 

of FC Banc Corp., Bucyrus, Ohio

FC BANC CORP

Newspaper:

Federal Register:

* 3A5 Not available

01/04/2008

Milton Bancorp, Inc., Wellston, Ohio, to acquire 

100 percent of Community First Financial 

Bancorp, Inc., New Holland, Ohio, and thereby 

acquire The First National Bank of New Holland, 

New Holland, Ohio

MILTON BANCORP, INC.

* 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

 645625 WESBANCO BK, WHEELING, WEST VIRGINIA 08/13/2007 12/20/2007 O Large Bank

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 January 5, 2008

Filer Filing Type Filing Proposal End of Comment Period

NONE

* 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

NONE

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 January 5, 2008

Filer Filing Type Filing Proposal End of Comment Period

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:

* 3A1 01/28/2008

01/25/2008

Capstone Bancshares, Inc., Tuscaloosa, 

Alabama, to become a bank holding company 

by acquiring 100 percent of the outstanding 

shares of South Alabama Holding Company, 

Inc., and its subsidiary, Southwest Bank of 

Alabama, both of McIntosh, Alabama.

CAPSTONE BANCSHARES, INC.

Newspaper:

Federal Register:

CIC Not available

01/23/2008

Prior change in control notice filed by C. Steven 

Lewis, New Tazewell, Tennessee, to acquire an 

additional 13.05 percent of the outstanding 

shares of Citizens Bancorp, Inc., and its 

subsidiary, Citizens Bank, both of New 

Tazewell, Tennessee. Pro forma ownership will 

equal 28.45 percent.

CITIZENS BANCORP, INC.

Newspaper:

Federal Register:

4c8 Not applicable

Not applicable

Peoples Financial Corporation, Biloxi, 

Mississippi, to acquire 99.99 percent of Summit 

William Bell Apartments, Ltd., Montgomery, 

Alabama, and thereby engage in community 

development activities.

PEOPLES FINANCIAL 

CORPORATION

Newspaper:

Federal Register:

* 3A3 12/31/2007

01/04/2008

Summerville/Trion Bancshares, Inc., 

Summerville, Georgia, to acquire 100 percent of 

the outstanding shares of Dunnellon State 

Bank, Dunnellon, Florida.

SUMMERVILLE/TRION 

BANCSHARES, INC.

Newspaper:

Federal Register:

* 3A5 01/13/2008

01/15/2007

SunTrust Banks, Inc., Atlanta, Georgia, to merge 

with GB&T Bancshares, Inc., Gainesville, 

Georgia, and thereby acquire its subsidiaries, 

Gainesville Bank & Trust, Gainesville, Georgia; 

Mountain State Bank, Dawsonville, Georgia; 

First National Bank of Gwinnett, Duluth, 

Georgia; First National Bank of the South, 

Milledgeville, Georgia; Home Town Bank of 

Villa Rica, Villa Rica, Georgia; Community Trust 

Bank, Hiram, Georgia; and United Bank & Trust 

Company, Rockmart, Georgia.

SUNTRUST BANKS, 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

 359838 BANK OF YORK, YORK, ALABAMA 07/16/2007 11/05/2007 S Small Bank

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 January 5, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 01/28/2008

02/01/2008

Black River BancVenture, Inc., Memphis, 

Tennessee, to acquire 9.90 percent of the voting 

shares of Cornerstone Bank, Moorestown, New 

Jersey.

BLACK RIVER BANCVENTURE, 

INC.

Newspaper:

Federal Register:

* 3A3 Not available

01/07/2008

Capitol Bancorp, Ltd., Lansing, Michigan and 

Capitol Development Bancorp Limited VII, 

Lansing, Michigan, to acquire 51 percent of the 

voting shares of Colonia Bank (in organization), 

Phoenix, Arizona.

CAPITOL BANCORP LTD.

Newspaper:

Federal Register:

* 3A3 Not available

01/07/2008

Capitol Bancorp, Ltd., Lansing, Michigan and 

Capitol Development Bancorp Limited VII, 

Lansing, Michigan, to acquire 51 percent of the 

voting shares of Reidsville Community Bank (in 

organization), Reidsville, North Carolina.

CAPITOL BANCORP LTD.

Newspaper:

Federal Register:

* 3A3 Not available

01/07/2008

Capitol Bancorp, Ltd., Lansing, Michigan and 

Capitol Development Bancorp Limited VII, 

Lansing, Michigan, to acquire 51 percent of the 

voting shares of Pisgah Community Bank (in 

organization), Asheville, North Carolina.

CAPITOL BANCORP LTD.

Newspaper:

Federal Register:

* 3A3 Not available

* 3A1 01/18/2008

Capitol Bancorp Ltd., Lansing, Michigan and 

Capitol Development Bancorp Limited VII, 

Lansing, Michigan to acquire 51 percent of the 

voting shares of Mountain View Bank of 

Commerce (in organization), Westminster, 

Colorado, and by Capitol Bancorp Colorado Ltd. 

III, Lansing, Michigan to become a bank 

holding company by acquiring 51 percent of the 

voting shares of Mountain View Bank of 

Commerce (in organization), Westminster, 

Colorado.

CAPITOL BANCORP LTD.

Newspaper:

Federal Register:

CIC

Not available

Notice by Richard M. Hodgson II, Charlevoix, 01/16/2008

Michigan, Eric J. Hodgson, Beaver Island, 

Michigan, Mark E. Hodgson, Fox Point, 

Wisconsin, Elizabeth M. Hodgson, Charlevoix, 

Michigan, and Laurie L. Hodgson, Charlevoix, 

Michigan, to retain control of Charlevoix First 

Corporation, Charlevoix, Michigan, and thereby 

indirectly retain control of Charlevoix State 

Bank, Charlevoix, Michigan.

CHARLEVOIX FIRST 

CORPORATION

Newspaper:

Federal Register:

* 4c8 01/07/2008

01/11/2008

FBOP Corporation, Oak Park, Illinois, to acquire 

up to 24.9 percent of the voting shares of PFF 

Bancorp, Inc., Rancho Cucamonga, California, 

and thereby indirectly acquire PFF Bank and 

Trust, Pomona, California.

FBOP CORPORATION

Newspaper:

Federal Register:

CIC

Not available

Notice by Patricia L. Pierce, Menasha, 01/23/2008

Wisconsin, to retain control of First Menasha 

Bancshares, Inc., Neenah, Wisconsin, and 

thereby indirectly retain control of First National 

Bank-Fox Valley, Neenah, Wisconsin.

FIRST MENASHA 

BANCSHARES, INC.

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

Federal Reserve Bank of Chicago

Filings received during the week ending January 5, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 01/14/2008

01/18/2008

Kerndt Bank Services, Inc., Lansing, Iowa, to 

acquire 100 percent of Family Merchants 

Bancorporation, Inc., Cedar Rapids, Iowa, and 

thereby indirectly acquire Family Merchants 

Bank, Cedar Rapids, Iowa.

KERNDT BANK SERVICES, INC.

Newspaper:

Federal Register:

4c8 Not applicable

Not applicable

Morning Sun Bank Corp., Morning Sun, Iowa, 

proposes to engage in insurance agency 

activities by establishing a wholly-owned 

subsidiary called ISB Insurance Group, LLC to 

acquire Earnest Insurance Agency, Morning 

Sun, Iowa, an existing independent insurance 

agency.

MORNING SUN BANK CORP.

* 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

 2685504 WARREN BK, WARREN, MICHIGAN 05/21/2007 12/03/2007 S Large Bank

 2044811 WHEATON B&T, WHEATON, ILLINOIS 07/23/2007 12/17/2007 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 January 5, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 01/18/2008

01/11/2008

Carroll Financial Services, Inc., Huntingdon, 

Tennessee, to acquire 100 percent of Bradford 

Bancshares, Inc., Bradford, Tennessee, and 

thereby indirectly acquire The Bank of Bradford, 

Bradford, Tennessee.

CARROLL FINANCIAL 

SERVICES, INC.

Newspaper:

Federal Register:

* 3A3 01/31/2008

02/01/2008

Community First Bancshares, Inc., Harrison, 

Arkansas ("Community"), to acquire additional 

shares of White River Bancshares Company, 

Fayetteville, Arkansas ("Bancshares"), and 

thereby indirectly acquire Signature Bank, 

Fayetteville, Arkansas. The acquisition will 

result in Community retaining ownership of up 

to 24.99 percent of Bancshares stock.

COMMUNITY FIRST 

BANCSHARES, INC.

Newspaper:

Federal Register:

* 3A3 01/15/2008

12/27/2007

Farmers & Merchants Bankshares, Inc., 

Stuttgart, Arkansas, to acquire 100 percent of 

Perry County Bancshares, Inc., Perryville, 

Arkansas, and thereby indirectly acquire Chart 

Bank, Perryville, Arkansas.

FARMERS AND MERCHANTS 

BANKSHARES, INC.

* 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

 761244 BELGRADE ST BK, BELGRADE, MISSOURI 09/17/2007 12/18/2007 O Small Bank

 16748 ELBERFELD ST BK, ELBERFELD, INDIANA 08/27/2007 12/07/2007 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 January 5, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A3 Not available

01/28/2008

Frandsen Financial Corporation, Arden Hills, 

Minnesota, to acquire 100% of The First 

National Bank of Montgomery, Montgomery, 

Minnesota.

FRANDSEN FINANCIAL 

CORPORATION

Newspaper:

Federal Register:

* 3A1 Not available

02/01/2008

United Citizens 401(K) Savings Plan, Osseo, 

Wisconsin, to become a bank holding company 

by acquiring up to 56 percent of the Class A 

common stock of United Bancorporation, 

Osseo, Wisconsin, and thereby indirectly 

acquire United Bank, Osseo, Wisconsin; 

Cambridge State Bank, Cambridge, Wisconsin; 

Lincoln Community Bank, Merrill, Wisconsin; 

Bank of Poynette, Poynette, Wisconsin; Clark 

County State Bank, Osceola, Iowa; Farmers 

State Bank, Stickney, South Dakota; and 

Farmers & Merchants State Bank, Iroquois, 

South Dakota.

UNITED CITIZENS 401(K) 

SAVINGS PLAN

* 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

 652351 FIRST SECURITY BK MISSOULA, MISSOULA, MONTANA 07/09/2007 12/20/2007 O Int Sm Bank

 210256 WADENA ST BK, WADENA, MINNESOTA 09/10/2007 12/27/2007 S 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 January 5, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

01/22/2008

Notice by Terri Farley, Kansas City, Missouri, 

and David B. Sexton, Parkville, Missouri, as 

co-trustees of the James W. Farley, Jr. Credit 

Shelter Trust, to acquire control of KLT 

Bancshares, Inc., Farley, Missouri, parent of 

Farley State Bank, Parkville, Missouri, through 

the acquisition of voting shares.

KLT BANCSHARES, INC.

Newspaper:

Federal Register:

CIC 01/09/2008

01/22/2008

Notice by Jeffrey C. Royal, Omaha, Nebraska, to 

acquire control of Mackey Banco, Inc., parent of 

Security State Bank, both in Ansley, Nebraska, 

through the acquisition of voting shares.

MACKEY BANCO, INC.

Newspaper:

Federal Register:

CIC Not available

01/22/2008

Notice by John E. Eisemann, IV, Trinidad, 

Colorado, to retain control of Republic Trinidad 

Corporation, Houston, Texas, parent of First 

National Bank in Trinidad, Trinidad, Colorado, 

through the acquisition of voting shares.

REPUBLIC TRINIDAD 

CORPORATION

Newspaper:

Federal Register:

CIC Not available

01/09/2008

Notification by Russell H. Loewenstein, 

Orleans, Nebraska, individually and as a member 

of the Loewenstein group; and Karl Randecker, 

Jr., Cozad, Nebraska, individually and as a 

member of the Randecker group; to acquire 

control of Stamford Banco, Inc., Stamford, 

Nebraska, parent of Community Bank, Alma, 

Nebraska. Notice by Stamford Banco, Inc., 

Stamford, Nebraska, to redeem 25 percent of its 

outstanding common stock.

STAMFORD BANCO, INC.

* 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

 898458 BANK OF JACKSON HOLE, JACKSON, WYOMING 09/10/2007 12/12/2007 S Int Sm Bank

 866859 CANADIAN ST BK, YUKON, OKLAHOMA 09/24/2007 12/14/2007 S Small Bank

 20259 FIRST NB OF PINEDALE, PINEDALE, WYOMING 08/27/2007 11/21/2007 S 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 January 5, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

* 3A1 01/25/2008

01/17/2008

Commerce Financial Corporation, Corpus 

Christi, Texas, to become a bank holding 

company by acquiring 100 percent of Security 

State Bancshares, Inc., Stockdale, Texas, and 

indirectly acquire Security State Bank, 

Stockdale, Texas.

COMMERCE FINANCIAL 

CORPORATION

* 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

 973364 HCSB ST BKG ASSN, PLAINVIEW, TEXAS 07/30/2007 12/17/2007 S Int Sm Bank

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 January 5, 2008

Filer Filing Type Filing Proposal End of Comment Period

Newspaper:

Federal Register:

CIC Not available

01/17/2008

Notice by Patricia Childress, Visalia, California, 

and Carol Bates, Porterville, California, to 

increase their holdings to 11.29 percent of Sierra 

Bancorp and thereby indirectly control its 

subsidiary, Bank of the Sierra, both of Poterville, 

California.

SIERRA BANCORP

Newspaper:

Federal Register:

* 3A1 Not available

02/01/2008

Western Capital Corporation, Boise, Idaho, to 

become a bank holding company by acquiring 

100 percent of Western Capital Bank (In 

Organization), Boise, Idaho; and GWY, LLC, 

Bellevue, Washington, to become a bank 

holding company by indirectly acquiring, at 

least 64 percent of Western Capital Bank (In 

Organization), Boise, Idaho.

WESTERN CAPITAL 

CORPORATION

* 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

 802866 SILICON VALLEY BK, SANTA CLARA, CALIFORNIA 08/20/2007 12/24/2007 S Large Bank

CRA Examinations scheduled for Quarter of 

Institution Location

NONE

* Subject to the provisions of the Community Reinvestment Act