Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 35

Week Ending August 28, 2004

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions August 22, 2004 to August 28, 2004

Regulations And Policies

Host state lending ratios -- interagency release of the host state loan-to-deposit ratios 

used by the banking agencies to determine compliance with the Riegle-Neal Interstate 

Banking and Branching Efficiency Act.

- Published, August 26, 2004 

Enforcement

Garden City Bancshares, Inc., Garden City, Missouri -- issuance of a consent notice of 

prohibition against Kenneth M. Matzdorff, the majority shareholder and a former officer 

and director.

- Announced, August 24, 2004 

The NorCrown Trust, Livingston, New Jersey -- issuance of a consent notice of 

prohibition against Charles Kushner, an institution-affiliated party.

- Announced, August 24, 2004 

(AC) = Addition or Correction Board - Page 1 of 1
August 22, 2004 to August 28, 2004

BS&R

C&CA

FOMC

RBOPS

IF

OSDM

Banking Supervision and Regulation

Consumer and Community Affairs

Federal Open Market Committee

Reserve Bank Operations and Payment Systems

International Finance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

EagleBank, Bethesda, Maryland -- to establish a branch at 1425 K Street Northwest, 

Washington, D.C.

- Approved, August 24, 2004 

Richmond

First Bank, St. Louis, Missouri -- to establish a branch at 221 Salt Lick Road, St. Peters.

- Approved, August 25, 2004 

St. Louis

The Onsted State Bank, Onsted, Michigan -- to establish a branch at 112 South Main 

Street.

- Approved, August 27, 2004 

Chicago

Regions Bank, Birmingham, Alabama -- to establish a branch on Highway 124, Snellville, 

Georgia.

- Approved, August 27, 2004 

Atlanta

Riverside Bank of the Gulf Coast, Cape Coral, Florida -- to establish a branch at 9885 

Collier Boulevard, Naples.

- Approved, August 27, 2004 

Atlanta

Sky Bank, Salineville, Ohio -- to establish a branch at The Clintonville Financial Center, 

3416 North High Street, Columbus.

- Approved, August 24, 2004 

Cleveland

Sterling Bank, Lantana, Florida -- to establish a branch at 550 Southeast 9th Street, 

Delray Beach.

- Approved, August 24, 2004 

Atlanta

(AC) = Addition or Correction Delegated - Page 1 of 4
H.2 Actions under delegated authority August 22, 2004 to August 28, 2004

Bank Branches, Domestic

SunTrust Bank, Atlanta, Georgia -- to establish a branch at 2250 North Orange Blossom 

Trail, Orlando, Florida.

- Approved, August 24, 2004 

Atlanta

Bank Holding Companies

Eastman Acquisition Holding Company, Ponca City, Oklahoma -- to become a bank 

holding company and to acquire Eastman National Bancshares, Inc., Newkirk, and 

Eastman National Bank of Newkirk.

- Approved, August 27, 2004 

Kansas City

First National Bankers Bankshares, Inc., Baton Rouge, Louisiana -- to acquire Alabama 

Bankers Bank, Birmingham, Alabama, a de novo bank.

- Approved, August 24, 2004 

Atlanta

Progress Acquisition, Inc., Sullivan, Missouri -- to become a bank holding company and 

to acquire Progress Bancshares, Inc. and Progress Bank of Missouri.

- Approved, August 23, 2004 

St. Louis

Provident Bancorp, Inc., Montebello, New York -- waiver of application in connection 

with mergers involving the subsidiary banks of Provident Bancorp, Inc. and Warwick 

Community Bancorp, Inc., Warwick.

- Granted, August 19, 2004 (AC)

New York

The Royal Bank of Scotland Group plc, Edinburgh, Scotland; The Royal Bank of 

Scotland plc, RBSG International Holdings Ltd., and Citizens Financial Group, Inc., 

Providence, Rhode Island -- to acquire Lynk Systems, Inc., Atlanta, Georgia, and 

thereby provide merchant transaction processing services, automated teller machine 

services, and stored-value debit card services.

- Approved, August 23, 2004 

Secretary

(AC) = Addition or Correction Delegated - Page 2 of 4
H.2 Actions under delegated authority August 22, 2004 to August 28, 2004

Bank Holding Companies

Texas Country Bancshares, Inc., Brady, Texas -- to acquire Clarity Holdings, Inc., 

Uvalde, and National American Bank.

- Approved, August 24, 2004 

Dallas

UCSB Financial Corporation, Fort Wayne, Indiana -- to become a bank holding 

company and to acquire shares of Uinta County State Bank, Mountain View, Wyoming.

- Approved, August 23, 2004 

Kansas City

Bank Mergers

Union Bank and Trust Company, Bowling Green, Virginia -- to merge with Guaranty 

Bank, Charlottesville, and thereby establish a branch.

- Approved, August 27, 2004 

Richmond

Change In Bank Control

Paragon Commercial Corporation, Raleigh, North Carolina -- to retain control of 

Paragon Commercial Corporation.

- Withdrawn, August 27, 2004 

Atlanta

Philip Bancorporation, Inc., Philip, South Dakota -- change in bank control.

- Permitted, August 26, 2004 

Minneapolis

Competitive Factors Reports

First Bank and Trust Company, Cozad, Nebraska -- report on competitive factors of the 

proposed merger with Farmers State Bank, Eustis.

- Submitted, August 27, 2004 

Kansas City

(AC) = Addition or Correction Delegated - Page 3 of 4
H.2 Actions under delegated authority August 22, 2004 to August 28, 2004

Competitive Factors Reports

First Citizens Bank, Shepherdsville, Kentucky -- report on competitive factors of the 

proposed assumption of certain deposits of Bank One, National Association, Chicago, 

Illinois.

- Submitted, August 27, 2004 

St. Louis

Extensions Of Time

Frederick County Bank, Frederick, Maryland -- extension to December 4, 2005, to 

establish a branch at 200 Commerce Drive, Walkersville.

- Granted, August 25, 2004 

Richmond

Financial Holding Companies

Evans Bancorp, Inc., Angola, New York -- election to become a financial holding 

company.

- Effective, August 25, 2004 

New York

RSI Bancorp, Inc., Rahway, New Jersey, and RSI Bancorp, MHC -- elections to 

become financial holding companies.

- Effective, August 24, 2004 

New York

(AC) = Addition or Correction Delegated - Page 4 of 4
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, August 28, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(3) & 3(a)(5) Eastern Bank Corporation, Boston, Massachusetts - to merge 

with Plymouth Bancorp, Inc., Wareham, Massachusetts and 

thereby acquire 100% of the voting shares of Plymouth Savings 

Bank, Wareham, Massachusetts

Newspaper – 09/20/2004

Fed Reg – 09/20/2004

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

Foreign Branch Webster Bank, National Association, Waterbury, Connecticut -

to open a Cayman Islands branch on Grand Cayman in the 

British West Indies pursuant to Subpart A, section 211.3(b)(2) of 

Regulation K
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 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, August 28, 2004

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 establish a 

branch office at 11521 North FM 620, Austin Travis County, 

Texas.

Newspaper – 09/24/2004

Branch JP Morgan Chase Bank, New York, New York, to establish a 

branch office at 405 Lexington Avenue, New York, New York.

Newspaper – 09/25/2004

Branch JP Morgan Chase Bank, New York, New York, to establish a 

branch office at 330 Plandome Road, Manhasset, Nassau 

County, New York.

Newspaper – 09/25/2004

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

Type Application

Ending date of

comment period

None

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

Investment JP Morgan Chase Bank (“JMPCB”) to acquire control of two 

Edge corporation, Bank One International Holdings Corporation 

(“BOIHC”) and Bank One International Corporation, and one 

Agreement corporation, BIL International Holdings, all of 

Chicago, Illinois, pursuant to Section 211.5(e) of Regulation K. 

In addition, JPMCB has also provided notice of its intention to 

make an investment in its subsidiary Edge Corporation, J.P. 

Morgan International Inc. (“JPMII”), New York, New York and 

for JPMII to make an additional investment in its subsidiary 

Edge Corporation, J.P. Morgan International Finance Ltd., 

Newark, Delaware and BOIHC.

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 Third Quarter of 2004

Institution Location

Sleepy Hollow Bank 49 Beekman Avenue, Sleepy Hollow, New York 10591

BDP Bank 90 Broad Street, 5th Floor, New York, New York 10004

Banco Popular de Puerto Rico 209 Munoz Rivera Avenue, San Juan, Puerto Rico 00918

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances.
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, August 28, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(5) Sterling Financial Corporation, Lancaster, PA, to acquire The 

Pennsylvania State Banking Company, Camp Hill, PA.

Newspaper – 09/04/2004

Fed Reg – 09/09/2004

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

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 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, August, 28, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

*Branch Fifth Third Bank, Grand Rapids, MI, to establish a branch 

facility at 13904 Shelbyville Road, Louisville, KY.

Newspaper – 09/02/2004

*Branch Fifth Third Bank, Cincinnati, OH, to establish a branch facility 

at 306 Clinton Street, Defiance, OH.

Newspaper – 08/08/2004

*Branch Fifth Third Bank, Cincinnati, OH, to establish a branch facility 

at 1236 South Main Street, Bryan, OH.

Newspaper – 09/08/2004

*Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

*3(a)(5) First Citizens Banc Corp, Sandusky, Ohio, to acquire 100 

percent of FNB Financial Corporation and its wholly-owned 

subsidiary, First National Bank of Shelby, both of Shelby, Ohio.

Newspaper – 08/11/2004

Fed Reg – 08/12/2004

*3(a)(5) PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania, 

to acquire 100 percent of Riggs National Corporation, 

Washington, DC, and thereby indirectly acquire certain of its 

nonbank subsidiaries and Riggs Bank, NA, McLean, Virginia.

Newspaper – N/Avail

Fed Reg – 09/09/2004

*3(a)(3) S&T Bancorp, Inc., Indiana, Pennsylvania, proposes to acquire 

up to 24.99 percent of the voting shares outstanding of 

Allegheny Valley Bancorp, Inc., Pittsburgh, Pennsylvania.

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

Type Application

Ending date of

comment period

None
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

Investment Key Bank, NA, Cleveland, OH, to make additional investments 

in all Edge and agreement corporation subsidiaries totaling $300 

million or 14.39% of capital and surplus, pursuant to section 

211.5(h) of Regulation K.

Investment KRM Holdings, Inc., Albany, NY, (agreement corporation) to 

make additional investments in KRM Leasing, Ltd., Hamilton, 

Bermuda, up to $256 million pursuant to section 211.9(f) of 

Regulation K.

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 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, August 28, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch River City Bank, Mechanicsville, Virginia, to provide a courier 

service to pick up noncash deposits from business customers 

at locations in the city of Richmond, and in the counties of 

Hanover, Henrico and Chesterfield.*

Newspaper – 09/07/2004

Branch Middleburg Bank, Middleburg, Virginia, to establish a branch 

at 1779 Fountain Drive, Reston, Virginia.*

Newspaper – 09/07/2004

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

a branch at 790 Gateway Drive, Altamonte Springs, Florida.*

Newspaper – 09/10/2004

Branch Gateway Bank & Trust Co., Elizabeth City, North Carolina, to 

establish a branch at 100 Moyock Commons Drive, Moyock, 

North Carolina.*

Newspaper – 09/10/2004

Branch Gateway Bank & Trust Co., Elizabeth City, North Carolina, to 

establish a branch at 1580 Laskin Road, Virginia Beach, 

Virginia.*

Newspaper – 09/10/2004

Branch Gateway Bank & Trust Co., Elizabeth City, North Carolina, to 

establish a branch at 2098 Princess Anne Road, Virginia Beach, 

Virginia.*

Newspaper – 09/10/2004

*Subject to the provisions of the Community Reinvestment Act.

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

Type Application

Ending date of

comment period

None

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

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

254547 Southern Community Bank and Trust

4701 Country Club Road

Winston-Salem, North Carolina 

27104

06/07/2004 08/28/2004 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, August 28, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

located at 120 E. Main Street, Suite B, Pensacola, Florida.*

Newspaper – 09/02/2004

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

located at 15320 IH 35 North, Selma, Texas.*

Newspaper – 08/31/2004

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

located at 701 E. Beltline Road, Cedar Hill, Texas.*

Newspaper – 08/31/2004

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

located at 101 East IH 20, Arlington, Texas.*

Newspaper – 08/31/2004

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

located at 4020 Beltline Road, Addison, Texas.* 

Newspaper – 08/31/2004

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

located at 208NC Highway 54, Durham, North Carolina.*

Newspaper – 08/31/2004

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

located at 8740 Mitchell Boulevard, New Port Richey, Florida.*

Newspaper – 09/02/2004

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

located at 6114 Ridgewood Road, Jackson, Mississippi.*

Newspaper – 09/02/2004

Branch SunTrust Bank, Atlanta, Georgia, to establish a branch located at 

the intersection of State and Ellis Roads, Fayetteville, Georgia, 

to be known as the Fayetteville Office.* 

Newspaper – 09/02/2004

Branch SunTrust Bank, Atlanta, Georgia, to establish a branch located at 

942 Highway 81 East, McDonough, Georgia, to be known as the 

McDonough West Office.*

Newspaper – 09/02/2004

Branch SunTrust Bank, Atlanta, Georgia, to establish a branch located at 

the intersection of Windward Parkway and McGinnis Ferry, 

Alpharetta, Georgia, to be known as the Windward/McGinnis 

Office.*

Newspaper – 09/02/2004

Branch SunTrust Bank, Atlanta, Georgia, to establish a branch located at 

1037-1039 Light Street, Baltimore, Maryland, to be known as 

the Federal Hill Office.*

Newspaper – 09/08/2004

*Subject to provisions of the Community Reinvestment Act
Section II – Applications subject to both newspaper and Fe deral Register notice

Type Application

Ending date of

comment period

3(a)(1) Algiers Bancorp, Inc., Baton Rouge, Louisiana, to become a 

bank holding company by acquiring 100 percent of the

outstanding shares of Statewide Bank, Terrytown, Louisiana 

(f/k/a Algiers Bank & Trust).*

Newspaper – 10/01/2004

Fed Reg – N/Avail

3(a)(1) Cygnet Financial Corporation, Ponte Vedra Beach, Florida, to 

become a bank holding company by acquiring 100 percent of the 

outstanding shares of Cygnet Private Bank, Ponte Vedra Beach, 

Florida.*

Newspaper – 08/13/2004

Fed Reg – 09/20/2004

3(a)(1) Enterprise Banking Company, Inc., Stockbridge, Georgia, to 

become a bank holding company by acquiring 100 percent of the 

outstanding shares of The Dorsey State Bank, Abbeville,

Georgia.*

Newspaper – N/Avail

Fed Reg – 09/27/2004

CIC SBT Bancshares, Inc., Golden Meadow, Louisiana, prior change 

in control notice by James Bernard Cantrelle, Raceland,

Louisiana, Albert Anthony Cheramie, Golden Meadow,

Louisiana, Huey Joseph Cheramie, Cut Off, Louisiana, Eldon 

Joseph Frazier, Cut Off, Louisiana, and Walter Harold Maples, 

Grand Isle, Louisiana, to increase their collective ownership by 

45.45 percent of the outstanding shares of SBT Bancshares, Inc., 

and its subsidiary, State Bank & Trust Company, both of Golden 

Meadow, Louisiana. The total ownership will equal 100 percent.

Newspaper – N/Avail

Fed Reg – 08/31/2004

*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

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 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, August 28, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Comerica Bank, Detroit, Michigan, to establish a branch facility 

to be located at 17011 Beach Boulevard, Huntington Beach, 

California.*

Newspaper – 08/23/2004

Branch Comerica Bank, Detroit, Michigan, to establish a branch facility 

to be located at 201 Marcell Drive, N.E., Rockford, Michigan.*

Newspaper – 08/27/2004

Branch 1st Source Bank, South Bend, Indiana, to establish a branch 

facility to be located at 5637 Cleveland Road, Stevensville, 

Michigan.*

Newspaper – 09/03/2004

18c & Branch First Trust and Savings Bank of Watseka, Watseka, Illinois, to 

merge with First National Bank of Clifton, Clifton, Illinois, and 

thereby to establish a branch at 145 E. 5th Avenue, Clifton, 

Illinois.*

Newspaper – N/Avail

Branch Paramount Bank, Farmington Hills, Michigan, to establish a 

branch to be located at 39600 Garfield Road, Clinton Township, 

Michigan.*

Newspaper – N/Avail

Branch Quad City Bank and Trust Company, Bettendorf, Iowa, to 

establish a branch facility to be located at 1322 State Street, 

Rockford, Illinois.*

Newspaper – 08/28/2004

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

None
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

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 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, August 28, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Heritage State Bank, Lawrenceville, Illinois, to establish a 

branch facility to be located at 1231 Hart Street, Vincennes, 

Indiana.

Newspaper – 09/07/2004

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3A3 Maries County Bancorp, Inc., Vienna, Missouri ("Bancorp"), to 

acquire additional shares of Branson Bancshares, Inc., Branson, 

Missouri ("Bancshares"), and thereby indirectly acquire Branson 

Bank, Branson, Missouri. The acquisition will result in 

Bancorp's ownership of 9.02 percent of Bancshares stock. 

(Previously reported during the week ended July 24, 2004)*

Newspaper – 09/02/2004

Fed Reg – 08/20/2004

* Subject to the 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

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, inc luding 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

753548 The Scott County State Bank

Scottsburg, Indiana

05/24/2004 08/27/2004 S X

Section VI – CRA examinations scheduled for 4

th Quarter of 2004

Institution Location

Arvest Bank Fayetteville, Arkansas

Southern Bank of Commerce Paragould, Arkansas

First State Bank of St. Robert St. Robert, Missouri

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar 

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need 

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other 

circumstances.
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, August 28, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(1) Timberland Bancorp, Baxter, Minnesota, to become a bank 

holding company by acquiring 100 percent of the 

outstanding common stock of Buhl Bancorporation, Inc., 

Buhl, Minnesota, and thereby indirectly acquire The First 

National Bank of Buhl, Buhl, Minnesota.

Fed Reg – 09/24/2004

Newspaper – N/Avail

* Subject to the 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

Investment U.S. Bank, N.A., Cincinnati, Ohio, through NOVA European 

Holdings Company, Minneapolis, Minnesota, an agreement 

corporation, to make an investment in an indirect wholly-owned 

subsidiary based in Norway pursuant to section 211.9(f) of 

Regulation K.
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 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, August 28, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(1) Timberline Bancorporation, Grand Junction, Colorado, to 

become a bank holding company through the acquisition of 100 

percent of the voting shares of Timberline Bank, Grand 

Junction, Colorado (in organization).

Newspaper – 09/20/2004

Fed Reg – 09/20/2004

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

Membership The First National Bank of Medford, Medford, Oklahoma (to be 

renamed Bank 7, Medford, 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 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 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, August 28, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

CIC James G. Bethard, Coushatta, LA, et al, to acquire an interest in

Coushatta Bancshares, Inc., Coushatta, LA

Fed Reg – N/Avail

Newspaper – N/Avail

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

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

239659 First Bank

300 East 3rd Street

Burkburnett, Texas 76354

04/05/2004 08/30/2004 S X

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, August 28, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Westamerica Bank, San Rafael, California, to establish a branch 

facility to be located at 5404 West Cypress Avenue, Visalia, 

California.*

Newspaper – 09/07/2004

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

None

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

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