Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 47

Week Ending November 20, 1999

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions November 14, 1999 to November 20, 1999

Bank Mergers

SunTrust Bank, Atlanta, Georgia -- to merge with 26 subsidiary banks of SunTrust 

Banks, Inc., and thereby operate branches at the locations of the merged banks.

- Approved, November 18, 1999 

Banks, Foreign

Bank Austria Aktiengesellschaft, Vienna, Austria -- to establish a branch in 

Greenwich, Connecticut, and representative offices in Atlanta, Georgia, and San 

Francisco, California.

- Approved, November 18, 1999 

Discount Rates

Discount Rates -- increase to 5 percent, from 4-3/4 percent, by the Federal Reserve 

Banks of Boston, Cleveland, Richmond, Kansas City, and San Francisco.

- Approved, November 16, 1999 

Discount Rates -- increase to 5 percent from 4-3/4 percent by the Federal Reserve 

Banks of Atlanta, Dallas, and St. Louis.

- Approved, November 17, 1999 

Discount Rates -- increase to 5 percent from 4-3/4 percent by the Federal Reserve 

Banks of New York, Philadelphia, Chicago, and Minneapolis.

- Approved, November 18, 1999 

General Accounting Office

General Accounting Office -- response to GAO report, "Federal Reserve Board: 

Merger Process Needs Guidelines for Community Reinvestment Issues."

- Approved, November 19, 1999 

Enforcement

Adairsville Bancshares, Inc., Adairsville, Georgia; and Bank of Adairsville -- written 

agreement dated December 10, 1998, terminated September 8, 1999.

- Announced, November 16, 1999 

California Center Bank, Los Angeles, California -- cease and desist order dated 

October 4, 1994, terminated October 15, 1999.

- Announced, November 16, 1999 

(AC) = Addition or Correction Board - Page 1 of 2
H.2 Board Actions November 14, 1999 to November 20, 1999

Enforcement

First Western Bank, Cooper City, Florida -- issuance of consent orders against 

Robert and Adele Barber, Bertram Smith, and Matthew J. Callahan, all institutionaffiliated parties.

- Announced, November 16, 1999 

Heritage Bancorp Company, Inc., Cleveland, Oklahoma, and First Bank of 

Cleveland -- written agreement, dated October 21, 1999, with the Federal Reserve 

Bank of Kansas City and the Oklahoma State Banking Department. 

- Announced, November 16, 1999 

Mercantile Capital Corp., Boston, Massachusetts -- written agreement dated January 

26, 1996, terminated August 23, 1999.

- Announced, November 16, 1999 

PanAmerican Bank, Coconut Grove, Florida -- cease and desist order dated March 

4, 1998, terminated September 29, 1999.

- Announced, November 16, 1999 

(AC) = Addition or Correction Board - Page 2 of 2
November 14, 1999 to November 20, 1999

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

International Fiance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

Monarch Bank, Chesapeake, Virginia -- to establish a branch at 601 Battlefield 

Boulevard South.

- Approved, November 15, 1999 

Richmond

Provident Bank of Florida, Sarasota, Florida -- to establish a branch at 5530 Cortez 

Road West, Bradenton.

- Approved, November 17, 1999 

Atlanta

Bank Holding Companies

Albion Banc Corporation, Albion, New York -- to merge with Niagara Bancorp, 

Lockport.

- Approved, November 16, 1999 

Secretary

Castle Creek Capital Partners Fund IIA, LP, Rancho Santa Fe, California; and Castle 

Creek Capital Partners Fund IIB, LP -- to acquire shares of Union Acceptance 

Corporation, Indianapolis, Indiana; and for Eggemeyer Advisory Corp., WJR Corp., 

and Castle Creek Capital, LLC, all of Rancho Santa Fe, to acquire indirectly shares 

of Union Acceptance Corporation.

- Returned, November 19, 1999 

San Francisco

Deutsche Bank AG, Frankfurt, Federal Republic of Germany -- to engage de novo 

through DB Advisors, LLC, in acting as a commodity pool operator for certain 

private limited partnerships and trusts.

- Approved, November 1, 1999 (AC)

New York

(AC) = Addition or Correction Delegated - Page 1 of 9
H.2 Actions under delegated authority November 14, 1999 to November 20, 1999

Bank Holding Companies

East West Bancorp, San Marino, California -- request for waiver of application in 

connection with the proposed acquisition of American International Bank, Los 

Angeles, and its merger with East-West Bank, San Marino.

- Approved, November 10, 1999 (AC)

San Francisco

First Delta Bankshares, Inc., Blytheville, Arkansas -- to acquire Merchants and 

Planters Bank, Manila.

- Approved, November 18, 1999 

St. Louis

Florida Bancorp, Inc., Palm Harbor, Florida -- request for modification of a 

commitment.

- Returned, November 19, 1999 

Atlanta

Florida Banks, Inc., Jacksonville, Florida -- to engage in making, acquiring, 

brokering, or servicing loans or other extensions of credit through loan participations 

with its subsidiary, Florida Bank, N.A., Tampa.

- Approved, November 17, 1999 

Atlanta

GBC Bancorp, Los Angeles, California -- request for waiver of application in 

connection with the proposed merger of General Savings Bank of Washington, 

Bellevue, Washington, with General Bank, Los Angeles.

- Approved, November 18, 1999 

San Francisco

Great River Banshares Corporation, Burlington, Iowa -- to acquire shares of Henry 

County Bank, Mt. Pleasant, a de novo bank.

- Approved, November 15, 1999 

Chicago

Heritage Commerce Corp., San Jose, California -- to acquire Heritage Bank South 

Bay, Morgan Hill, a de novo bank.

- Approved, November 12, 1999 (AC)

San Francisco

(AC) = Addition or Correction Delegated - Page 2 of 9
H.2 Actions under delegated authority November 14, 1999 to November 20, 1999

Bank Holding Companies

Hometown Bancorp, Ltd., St. Cloud, Wisconsin -- to establish a subsidiary, 

Hometown Mortgage Services, Inc., Fond du Lac, and thereby engage in extending 

and servicing loans, collection agency services, and real estate settlement services.

- Approved, November 17, 1999 

Chicago

Iowa State Bank Holding Company, Des Moines, Iowa -- to engage de novo 

through its subsidiary, Capitol Partners, L.C., in community development activities.

- Approved, November 15, 1999 

Chicago

Lake Michigan Financial Corporation, Holland, Michigan -- to acquire The Bank of 

Northern Michigan, Petoskey, a de novo bank.

- Approved, November 15, 1999 

Chicago

NBT Bancorp, Inc., Norwick, New York -- to acquire Lake Ariel Bancorp, Inc., 

Lake Ariel, Pennsylvania, and its subsidiary, LA Bank, N.A.

- Approved, November 19, 1999 

New York

North American Bancshares, Inc., Sherman, Texas -- to acquire Marble Falls 

National Bancshares, Inc., Marble Falls, and Marble Falls National Bank.

- Approved, November 18, 1999 

Dallas

Oak Financial, Inc., Madison, Wisconsin -- to become a bank holding company 

through the acquisition of Oak Bank, Fitchburg, a de novo bank.

- Returned, November 15, 1999 

Chicago

Pacific Crest Capital, Inc., Agoura Hills, California -- to become a bank holding 

company through the acquisition of Pacific Crest Bank.

- Approved, November 17, 1999 

San Francisco

(AC) = Addition or Correction Delegated - Page 3 of 9
H.2 Actions under delegated authority November 14, 1999 to November 20, 1999

Bank Holding Companies

Provident Financial Group, Inc., Cincinnati, Ohio -- to acquire Fidelity Financial 

Group, Inc., and its subsidiary, Centennial Bank; and for Provident Bank to merge 

with Centennial Bank and thereby establish branches.

- Approved, November 17, 1999 

Cleveland

The Royal Bank of Scotland Group PLC, The Royal Bank of Scotland PLC, and 

RBSG International Holdings Limited, all of Edinburgh, Scotland; and Citizens 

Financial Group, Inc., Providence, Rhode Island -- to acquire UST Corp., Boston, 

Massachusetts.

- Approved, November 19, 1999 

Boston

SouthTrust Corporation, Birmingham, Alabama -- request for waiver of the 

application requirement in connection with its proposed merger with Brazos 

Bancshares, Inc., Waxahachie, Texas, and acquisition of Heritage Bank.

- Approved, November 18, 1999 

Atlanta

State Bank of Cokato Employee Stock Ownership Plan and Trust, Cokato, 

Minnesota, and State Bank of Cokato Employee Stock Ownership Plan and Trust 

II -- to form an association and become a bank holding company through the 

acquisition of shares of Cokato Bancshares, Inc.

- Approved, November 15, 1999 

Minneapolis

Team Financial Acquisition Subsidiary, Inc., Paola, Kansas; Team Financial, Inc., and 

Team Financial ESOP -- to acquire ComBankshares, Inc., Prairie Village, and 

Community Bank of Chapman, Chapman.

- Approved, November 17, 1999 

Kansas City

Texas Independent Bancshares, Inc., Texas City, Texas -- to acquire American 

Independent Bancshares, Inc., Santa Fe, and Texas First Bank.

- Approved, November 18, 1999 

Dallas

(AC) = Addition or Correction Delegated - Page 4 of 9
H.2 Actions under delegated authority November 14, 1999 to November 20, 1999

Bank Holding Companies

TransAtlantic Holding Corporation, Miami, Florida -- to become a bank holding 

company through the acquisition of TransAtlantic Bank.

- Returned, November 15, 1999 

Atlanta

Westborough Bancorp, MHC, Westborough, Massachusetts; and Westborough 

Financial Services -- to become a mutual bank holding company and a bank holding 

company, respectively, through the acquisition of Westborough Savings Bank.

- Approved, November 17, 1999 

Boston

Bank Mergers

Peapack-Gladstone Bank, Gladstone, New Jersey -- to merge with Chatham Savings, 

FSB, and thereby establish branches.

- Approved, November 12, 1999 (AC)

New York

Valencia Bank & Trust, Santa Clarita, California -- to merge with First Valley 

National Bank, Lancaster, and thereby establish branches.

- Approved, November 16, 1999 

San Francisco

Banks, Nonmember, And Miscellaneous Institutions

Trammell Crow Company, Dallas, Texas -- deregistration under Regulation U.

- Approved, November 18, 1999 

Dallas

Change In Bank Control

Empire Bancshares, Incorporated, Sioux Falls, South Dakota -- change in bank 

control.

- Permitted, November 15, 1999 

Minneapolis

First Canadian Bancorporation, Inc., Canadian, Texas -- change in bank control.

- Permitted, November 19, 1999 

Dallas

(AC) = Addition or Correction Delegated - Page 5 of 9
H.2 Actions under delegated authority November 14, 1999 to November 20, 1999

Change In Bank Control

Guaranty Bancshares, Inc., Mount Pleasant, Texas -- change in bank control.

- Withdrawn, November 18, 1999 

Dallas

Madison Agency, Inc., Sioux Falls, South Dakota -- change in bank control.

- Permitted, November 18, 1999 

Minneapolis

Seacoast Banking Corporation, Stuart, Florida -- change in bank control.

- Permitted, November 15, 1999 

Atlanta

Sooner Southwest Bankshares, Inc., Tulsa, Oklahoma -- change in bank control.

- Permitted, November 17, 1999 

Kansas City

Competitive Factors Reports

Banco Santander Puerto Rico, San Juan, Puerto Rico -- report on competitive 

factors of the proposed merger with Santander Interim Bank in connection with the 

formation of Santander BanCorp.

- Submitted, November 10, 1999 (AC)

New York

BankDirect, SSB, Dallas, Texas -- report on competitive factors of the proposed 

merger with Texas Capital Bank, N.A.

- Submitted, November 18, 1999 

Dallas

Dayton State Bank, Dayton, Texas -- report on competitive factors of the proposed 

acquisition of a Dayton branch from Woodcreek Bank, Houston.

- Submitted, November 16, 1999 

Dallas

(AC) = Addition or Correction Delegated - Page 6 of 9
H.2 Actions under delegated authority November 14, 1999 to November 20, 1999

Competitive Factors Reports

ESB Financial Corporation, Ellwood City, Pennsylvania -- report on competitive 

factors of the proposed acquisition of SHS Bancorp, Inc., Pittsburgh, and merger of 

subsidiaries, ESB Bank, FSB, and Spring Hills Savings Bank, FSB.

- Submitted, November 18, 1999 

Cleveland

First Guaranty Bank, Hammond, Louisiana -- report on competitive factors of the 

proposed merger with First Southwest Bank, Jennings.

- Submitted, November 17, 1999 

Atlanta

First National Bank & Trust Company in Larned, Larned, Kansas -- report on 

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

of the Macksville branch of The Citizens State Bank, Ashland.

- Submitted, November 18, 1999 

Kansas City

First National Bank of Anthony, Anthony, Kansas -- report on competitive factors of 

the proposed purchase of assets and assumption of liabilities of the Harper and 

Mayfield branches of Hillcrest Bank, Overland Park. 

- Submitted, November 18, 1999 

Kansas City

First Savings Bank of Washington, Walla Walla, Washington -- report on 

competitive factors of the proposed merger with Towne Bank, Woodinville.

- Submitted, November 15, 1999 

San Francisco

Henry County Bank, Mt. Pleasant, Iowa -- report on competitive factors of the 

proposed purchase of certain assets and assumption of certain liabilities of the 

Hillsboro, Mt. Pleasant, and New London branches of Mercantile Bank Midwest, 

Des Moines.

- Submitted, November 18, 1999 

Chicago

(AC) = Addition or Correction Delegated - Page 7 of 9
H.2 Actions under delegated authority November 14, 1999 to November 20, 1999

Competitive Factors Reports

Howard State Bank, Howard, Kansas -- report on competitive factors of the 

proposed purchase of assets and assumption of liabilities of the Sedan and Cedar 

Vale branches of Chisholm Trail State Bank, Wichita.

- Submitted, November 18, 1999 

Kansas City

LaSalle Bank National Association, Chicago, Illinois -- report on competitive factors 

of the proposed merger with LaSalle Bank, FSB.

- Submitted, November 19, 1999 

Chicago

Lincoln Savings Bank, Reinbeck, Iowa -- report on competitive factors of the 

proposed purchase of certain assets and assumption of certain liabilities of the Cedar 

Falls and Hudson branches of Mercantile Bank Midwest, Des Moines.

- Submitted, November 19, 1999 

Chicago

New Mountain West Bank, Coeur d'Alene, Idaho -- report on competitive factors of 

the proposed merger with Mountain West Bank.

- Submitted, November 15, 1999 

San Francisco

Pacific Northwest Bank, Seattle, Washington -- report on competitive factors of the 

proposed merger with Kittitas Valley Bank, N.A., Ellensburg.

- Submitted, November 16, 1999 

San Francisco

Southern Bank and Trust Company, Mount Olive, North Carolina -- report on 

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

of the Robersonville branch of Cooperative Bank for Savings, Inc., SSB, Wilmington.

- Submitted, November 18, 1999 

Richmond

SouthTrust Bank, National Association, Birmingham, Alabama -- report on 

competitive factors of the proposed merger with Heritage Bank, Waxahachie, Texas.

- Submitted, November 18, 1999 

Atlanta

(AC) = Addition or Correction Delegated - Page 8 of 9
H.2 Actions under delegated authority November 14, 1999 to November 20, 1999

Competitive Factors Reports

State Bank of Southern Utah, Cedar City, Utah -- report on competitive factors of 

the proposed acquisition of the Richfield branch of Community First National Bank, 

Phoenix, Arizona.

- Submitted, November 17, 1999 

San Francisco

Extensions Of Time

Canadian Imperial Bank of Commerce, Toronto, Canada -- extension to November 

3, 2000, to divest of certain real estate investments.

- Granted, November 19, 1999 

Director, BS&R

Great Southern Capital Corporation Employee Stock Ownership Trust, Meridian, 

Mississippi -- extension to February 4, 2000, to acquire shares of Great Southern 

Capital Corporation.

- Granted, November 1, 1999 (AC)

Atlanta

Membership

The Capital Bank, Little Rock, Arkansas -- membership in the Federal Reserve 

System.

- Approved, November 19, 1999 

St. Louis

Regulations And Policies

Federal Open Market Committee -- minutes of the meeting on October 5, 1999.

- Published, November 18, 1999 

FOMC

Short-term interest rates -- increase in the target for the federal funds rate to 5-1/2 

percent, from 5-1/4 percent.

- Approved, November 16, 1999 

FOMC

(AC) = Addition or Correction Delegated - Page 9 of 9
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, November 20, 1999

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) Banknorth Group, Inc., Burlington, Vermont – to acquire 100%

of BNG Interim Bank, N.A., successor to Evergreen Bank N.A.,

Glen Falls, New York

Newspaper – 12/20/1999

Fed Reg – 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

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, November 20, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

FBSEA Banca Intessa S.P.A., Milano, Italy, to establish a branch in New

York, New York, and to establish representative offices in

Chicago, Illinois and San Francisco, California.

Newspaper – N/Avail

FBSEA UBS AG, Zurich, Switzerland, to establish a representative

office in Boston, Massachusetts.

Newspaper – N/Avail

FBSEA Credit Commercial de France, Paris, France, to establish a

representative office in New York, New York.

Newspaper – N/Avail

FBSEA Banco Comercial Portugues, S.A., Porto, Portugal, to establish a

representative office in Miami, Florida.

Newspaper – N/Avail

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

Type Application

Ending date of

comment period

3(a)(1)/3(a)(3) China Trust Capital A/S, Denmark (“AS”), to form a bank

holding company and acquire direct or indirect control of China

Trust Capital BV, Amsterdam, Netherlands, China Trust

Holdings Corp., New York, New York, and China Trust Bank

(U.S.A.), Torrance, California; and for China Trust Holdings

N.V., Curacao, Netherlands Antilles, to acquire control of AS.*

Newspaper – N/Avail

Fed Reg – 11/26/1999

3(a)(1) Caisse Nationale de Credit Agricola, Paris, France, to become a

bank holding company through its investment in Banco Espirito

Santo e Comercial de Lisboa, S.A., Lisbon, Portugal

(“BESCL”), through BESCL’s acquisition of Espirito Santo

Bank, Miami, Florida.*

Newspaper – 11/15/1999

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

4(c)(8) Bayerische Hypo-Und Vereinsbank Aktiengesellschaft, Munich,

Germany, to acquire 20 percent of Babcock & Brown LP, and

Babcock & Brown Operating Partnership LP, two limited

partnerships being formed by Babcock & Brown Holdings Inc.,

all of San Francisco, California, and thereby engage in certain

nonbanking activities.

Fed Reg – 11/30/1999

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

3506 Interchange Bank, Saddlebrook, NJ 06/01/1999 11/18/1999 S x
Section VI – CRA examinations scheduled for 1st Quarter of 2000 (REVISED)

Institution Location

Chemung Canal Trust Company One Chemung Canal Plaza, Elmira, New York 14902

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, November 20, 1999

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) & 3(a)(3) The Bancorp.com, Inc., Wilimington, DE, to form a bank

holding company by acquiring TB.com.bank, Wilimington, DE

Newspaper: 12/16/1999

Fed. Reg: 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

None

Section VI – CRA examinations scheduled for 1st Quarter of 2000

Institution Location

First Liberty Bank & Trust Jermyn, PA

Summit Bank Fort Washington, PA

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 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, November 20, 1999

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

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

4(c)(8) Received notice on 11/18/1999 from American Bancorporation,

Wheeling, WV of its intent to acquire up to 51.00 percent of the

voting shares of New Albany Solutions LLC, Columbus, OH

through its wholly-owned subsidiary, American Mortgages, Inc.,

Wheeling, WV in a joint venture with Franklinton Mortgage

Co., Columbus, OH.
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

4(c)(8) Received notice on 11/19/1999 from Futura Banc Corp., Urbana,

OH of its intent to acquire Vernon, Shall, Morgan & Company,

Akron, OH.

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 lst Quarter of 2000 (REVISED)

Institution Location

Security Dollar Bank One South Main Street

Niles, Ohio 44446
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, November 20, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Benchmark Community Bank, Kenbridge, Virginia, to establish

a branch at 247 North Main Street, Chase City, Virginia.*

Newspaper - 11/26/1999

Branch Crestar Bank, Richmond, Virginia, to establish a branch at 5260

Campbell Boulevard, White Marsh, Maryland.*

Newspaper - 11/26/1999

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

Triangle Bank, Raleigh, North Carolina, and Bank of

Meckenburg, Charlotte, North Carolina.*

Newspaper - 12/11/1999

*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)(3) F&M National Corporation, Winchester, Virginia, to acquire

100% of the voting shares of The State Bank of the

Alleghenies, Covington, Virginia.*

Fed Reg - 12/13/1999

Newspaper - 12/10/1999

3(a)(5) Centura Bancorp, Inc., Rocky Mount, North Carolina, to

acquire Triangle Bancorp, Inc., Raleigh North Carolina.*

Fed Reg - 12/17/1999

Newspaper - 12/11/1999

3(a)(5) Wachovia Corporation, Winston-Salem, North Carolina, to

acquire B C Bankshares, Inc., Canton, Georgia.*

Fed Reg - N/Avail

Newspaper - 12/10/1999

*Subject to the provision 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

4(c)(8) Southern Financial Bancorp, Inc., Warrenton, Virginia, to

acquire certain assets of Darien Consulting Group and thereby

engage in data processing activities.

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 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, November 20, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch SunTrust Bank of North Central Florida, Ocala, Florida, to

establish a branch located at 14000 W. Newberry Road,

Jonesville, Florida.

11/08/1999*

*Subject to provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

CIC Merchants & Farmers Bancshares, Inc., Eutaw, Alabama,

after-the-fact notification by James O. Banks, James O. Banks,

Jr., James O. Banks, III, Andrew Harrison Banks, John S.

Banks, Sarah B. Dodd, and Betty C. Banks, to retain 13 percent

of the outstanding shares of Merchants & Farmers Bancshares,

Inc., Eutaw, Alabama.

Fed Reg – 12/10/1999

3(a)(1) Peoples Bancshares of Tallassee, Inc., Tallassee, Alabama, to

become a bank holding company by acquiring The Peoples

Bank, Tallassee, Alabama.

Fed Reg – 12/17/1999*

CIC Central Progressive Bancshares, Inc., Hammond, Louisiana,

prior notification by Mr. Richard S. Blossman, Jr., to acquire

32.82 percent of the outstanding shares of Central Progressive

Bancshares, Inc., Hammond, Louisiana.

N/Avail

*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

COM SunTrust Banks, Inc., Atlanta, Georgia, commitment waiver

request.

COM Community Bancshares of Mississippi, Inc., Employee Stock

Ownership Plan, Brandon, Mississippi, commitment waiver

request.

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, November 20, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) &

 Branch

Old Kent Bank

Grand Rapids, Michigan

 The Merchants National Bank of Aurora

 Aurora, Illinois

 and thereby establish 14 branches

Newspaper – N/Avail

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

Type Application

Ending date of

comment period

3(a)(3) Clintonville Bancshares, Inc.*

Clintonville, Wisconsin

 Nichols Bancorp, Inc.

 Nichols, Wisconsin

 Neighborhood State Bank

 Nichols, Wisconsin

Fed Reg – N/Avail

Newspaper – N/Avail

 CIC Dysart Bancshares, Inc.

Dysart, Iowa

 by Michael David and Susan Ann Griffin

Fed Reg – 11/24/1999

Newspaper – 12/01/1999

CIC River Valley Bancorp, Inc.

Eldridge, Iowa

 by John Randall (Randy) Winegard

Fed Reg – 12/10/1999

Newspaper – N/Avail

 3(a)(5) Old Kent Financial Corporation*

Grand Rapids, Michigan

 Merchants Bancorp, Inc.

 Aurora, Illinois

 The Merchants National Bank of Aurora

 Aurora, Illinois

Fed Reg – 12/17/1999

Newspaper – N/Avail
Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Bank One Corporation

Chicago, Illinois

 One Group Administrative Services, Inc.

Fed Reg – 12/03/1999

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

2119773 Hinsdale Bank & Trust

20 E. First Street

Hinsdale, Illinois 60521

(630) 323-4404

06/15/1999 11/19/1999 S X

596848 American Trust & Savings

895 Town Clock Plaza

Dubuque, Iowa 52001-0938

(319) 582-1841

06/28/1999 11/19/1999 S X
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, November 20, 1999

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) Notice by Farmers Bancshares, Inc., Hardinsburg, Kentucky, to

acquire Leitchfield Deposit Bancshares, Inc., Leitchfield,

Kentucky. A companion Section 4(c)(8) notice accompanies

this notice. (Previously reported during the week ending

November 13, 1999)*

Newspaper – 12/20/1999

Fed Reg – 12/17/1999

CIC Notice involving First National Bancshares in Newton, Inc.,

Newton, Illinois, by Bradley P. Heath, Palestine, Illinois.

Newspaper – 12/1/1999

Fed Reg – 12/7/1999

3(a)(3) Notice by Arvest Bank Group, Inc., Bentonville, Arkansas, to

acquire P & W Bancshares, Inc., Little Rock, Arkansas.*

Newspaper – 12/17/1999

Fed Reg – 12/17/1999

3(a)(5) Notice by Walden Financial Group, Inc., Pocahontas, Arkansas,

to acquire Rainbow Investment Company, Inc., Tuckerman,

Arkansas. A companion Section 4(c)(8) notice accompanies this

notice. (Previously reported during the week ending November

6, 1999)*

Newspaper – 12/4/1999

Fed Reg – 12/03/1999

* 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

4(c)(8) Notice by Farmers Bancshares, Inc., Hardinsburg, Kentucky, to

indirectly acquire Leitchfield Bancshares Insurance, Inc.,

Leitchfield, Kentucky, and thereby engage in the sale, as agent,

of credit related insurance, pursuant to Section 225.28(b)(11)(i)

of Regulation Y. A companion Section 3(a)(5) notice

accompanies this notice. (Previously reported during the week

ending November 13, 1999)

12/17/1999
Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Notice by Walden Financial Group, Inc., Pocahontas, Arkansas,

to engage directly in credit extending activities, pursuant to

Section 225.28(b)(1) of Regulation Y. A companion Section

3(a)(5) notice accompanies this notice.

12/8/1999

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

Type Application

914FIRREA Companion notices involving First National Bancshares in

Newton, Inc., Newton, Illinois, by Larry K. Quick, Robinson,

Illinois, and John R. Birkofer, Robinson, Illinois, to become

members of the board of directors.

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

761244 Belgrade State Bank

Belgrade, Missouri

8/9/1999 11/15/1999 S X
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, November 20, 1999

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 2000 Irrevocable Security Trust No. 1 of Carl R. Pohlad and the

2000 Irrevocable Trust No. 2 of Carl R. Pohlad to acquire

control of Marquette Bancshares, Inc., Minneapolis, Minnesota.

Fed Reg – 12/07/1999

CIC Glenn A. Solsrud Irrevocable Trust for the Benefit of Brian K.

Solsrud, II, Glenn A. Solsrud Irrevocable Trust for the Benefit of

Gregory A. Solsrud, II, Glenn A. Solsrud Irrevocable Trust for

the Benefit of Corinne E. Solsrud, and Glenn A. Solsrud

Irrevocable Trust for the Benefit of Rachel A. Solsrud, II to

acquire control of Kimberly Leasing Corporation, Augusta,

Wisconsin.

Fed Reg – 12/08/1999

CIC Glenn A. Solsrud Revocable Trust to acquire control of Augusta

Financial Corporation, Augusta, Wisconsin.

Fed Reg – 12/08/1999

CIC Glenn A. Solsrud Revocable Trust to acquire control of Caprice

Corporation, Augusta, Wisconsin.

Fed Reg – 12/08/1999

3(a)(3) Dacotah Banks, Inc., Aberdeen, South Dakota, for prior

approval to acquire 100% of the voting shares of Rolla Holding

Company, Inc., Rolla, North Dakota.

Fed Reg – 12/17/1999

3(a)(1) Ellis Bankshares, Inc., Eagle River, Wisconsin, for prior

approval to become a bank holding company though the

acquisition of 81.59% of the voting shares of First National

Bank of Eagle River, Eagle River, Wisconsin.

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

648055 Valley Bank of Helena

Helena, Montana

08/02/1999 11/18/1999 S X

210256 Wadena State Bank

Wadena, Minnesota

08/02/1999 11/19/1999 S X
REVISED

Section VI – CRA examinations scheduled for the 1st Quarter of 2000 (January 1, 2000 – March 31, 2000)

Institution Location

Dacotah Bank

M&I Bank Eagle River

M&I Community State Bank

La Crosse State Bank

M&I Citizens American Bank

M&I Bank

Aberdeen, South Dakota

Eagle River, Wisconsin

Eau Claire, Wisconsin

La Crosse, Wisconsin

Merrill, Wisconsin

Superior, Wisconsin

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.

Examinations may have to be rescheduled during the calendar quarter in which they are designated to begin. If

an institution's examination is rescheduled for a date later than the end of the date range reflected in a published

schedule, the institution's name will be republished in an appropriate later listing. Any comments received, as a

result of either the first publication or subsequent publications will be considered during the examination.

Written comments regarding the CRA performance of these institutions should be directed to Ms. JoAnne

Lewellen at the Federal Reserve Bank of Minneapolis, Banking Supervision Department, P.O. Box 291,

Minneapolis, Minnesota 55480-0291.
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, November 20, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) / Branch First State Bank, Oklahoma City, Oklahoma, for prior approval

to merge with First State Bank, Oklahoma City, Oklahoma, and

incident thereto, establish an additional branch.

Newspaper - N/Avail

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

Type Application

Ending date of

comment period

3(a)(1) Cleveland Holding Company, Cleveland, Oklahoma, for prior

approval to become a bank holding company through the

acquisition of 100 percent of the voting shares of Heritage

Bancorp, Inc., Cleveland, Oklahoma, and thereby indirectly

acquire First Bank of Cleveland, Cleveland, Oklahoma.

Newspaper - N/Avail

Fed Reg - 12/20/1999

3(a)(1) Grain Valley Bancshares, Inc., Grain Valley, Missouri, for prior

approval to become a bank holding company through the

acquisition of at least 80 percent of the voting shares of The

Bank of Grain Valley, Grain Valley, Missouri.

Newspaper - N/Avail

Fed Reg - N/Avail

3(a)(1) / 3(a)(3) Gold Bancorporation, Inc., and Gold Banc Acquisition

Corporation XIII, Inc., both of Leawood, Kansas, for prior

approval to acquire 100 percent of the voting shares of DSP

Investments, Limited, LaCygne, Kansas, and thereby indirectly

acquire Linn County Bank, LaCygne, Kansas. Also, for Gold

Banc Acquisition Corporation XIII, Inc., Leawood, Kansas, to

become a bank holding company through the acquisition.

Newspaper - 12/10/1999

Fed Reg - 12/10/1999

3(a)(1) / 3(a)(3) Gold Bancorporation, Inc., and Gold Banc Acquisition

Corporation, XI, Inc., both of Leawood, Kansas, for prior

approval to acquire 100 percent of the voting shares of

American Bancshares, Inc., Bradenton, Florida, and thereby

indirectly acquire American Bank, Bradenton, Florida. Also, for

Gold Banc Acquisition Corporation XI, Inc. to become a bank

holding company through the acquisition.

Newspaper - 12/10/1999

Fed Reg - 12/10/1999

4(c)(8) Hometown Bancorporation, Inc., Grand Island, Nebraska, for

prior approval to acquire 100 percent of the voting shares of

Security State Bank, Sumner, Nebraska, and thereby engage in

the operation of a thrift. Security State Bank, Sumner,

Nebraska, will be renamed Security Bank, Sumner, Nebraska.

Newspaper - N/Avail

Fed Reg - 12/17/1999
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

4(c)(8) First National of Nebraska, Inc., Omaha, Nebraska, to acquire

Networking & Information Consulting, Inc., West Des Moines,

Iowa, through Insync Investments, Ltd. d/b/a Information

Systems, Inc., Omaha, Nebraska, and thereby indirectly engage

in data processing activities.

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

502157 State Bank

Winfield, Kansas

08/23/1999 11/18/1999 O X
Section VI – CRA examinations scheduled for 1st Quarter of 2000 - AMENDED

Institution Location

The Eaton Bank Eaton, Colorado

WestStar Bank Bartlesville, Oklahoma

RCB Bank Claremore, Oklahoma

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 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, November 20, 1999

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) First Sierra Financial, Inc., Houston, TX, to acquire

FSF of Delaware, Inc., Wilmington, DE, and

Greenbelt Bancshares, Inc., Quanah, TX, and

Security National Bank in Quanah, Quanah, TX*

Fed Reg – 12/17/1999

Newspaper – N/Avail

3(a)(1) FSF of Delaware, Inc., Wilmington, DE, to acquire

Greenbelt Bancshares, Inc., Quanah, TX, and

Security National Bank in Quanah, Quanah, TX*

Fed Reg – 12/17/1999

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

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 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, November 20, 1999

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) Greater Bay Bancorp, Palo Alto, California, to merge with Mt.

Diablo Bancshares and thereby acquire its subsidiary, Mt.

Diablo National Bank, both of Danville, California. *

Newspaper - 12/18/1999

Fed Reg - 12/17/1999

3(a)(1) Utah Bancshares, Inc., to become a bank holding company by

acquiring Bank of Ephraim, both of Ephraim, Utah. *

Newspaper - 12/20/1999

Fed Reg - 12/20/1999

* 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

Member Sacramento Commercial Bank, Sacramento, California, to

become a member of the Federal Reserve System.
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

COM Bank of Idaho, Idaho Falls, Idaho, requests relief of a

commitment made not to purchase additional stock in

connection with the BHC formation without prior permission

from 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

54861 Security First Bank

141 West Bastanchury Road

Fullerton, CA 92835

(714) 870-2100

07/09/1999 11/18/1999 S X

The above listing has been prepared as a courtesy by the Federal Reserve Bank of San Francisco, and is not

intended to replace formal notices required by statute or regulation; the Reserve Bank assumes no responsibility

for errors or omissions.

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None