Applications approved under bank holding company act - Legal Developments

Federal Reserve Bulletin, August, 2003

APPLICATIONS APPROVED UNDER BANK HOLDING COMPANY ACT
By the Secretary of the Board

Recent applications have been approved by the Secretary of the Board as
listed below. Copies are available upon request to the Freedom of
Information Office, Office of the Secretary, Board of Governors of the
Federal Reserve System, Washington, D.C. 20551.

Section 3

Applicant(s)              Bank(s)                      Effective Date

One Rich Hill Mining,     F & M Bancorporation,        June 6, 2003
  L.L.C., Forth Worth,      Tulsa, Oklahoma
  Texas
One Rich Hill Land Ltd.   The F & M Bank and Trust
  Partnership, Forth        Company, Tulsa, Oklahoma
  Worth, Texas

By Federal Reserve Banks

Recent applications have been approved by the Federal Reserve Banks as
listed below. Copies are available upon request to the Reserve Banks.

Section 3

Applicant(s)                 Bank(s)                    Reserve Bank

AIM Bancshares, Inc.,        The First National Bank    Dallas
  Levelland, Texas             of Littlefield,
                               Littlefield, Texas
Avest, Inc.,                 Grandview Bancshares,      Dallas
  Cleburne, Texas              Inc., Grandview, Texas
Afin, Ltd.,
  Cleburne, Texas
Business Bancshares, Inc.,   The Business Bank of St.   St. Louis
  Clayton, Missouri            Louis, Clayton,
                               Missouri
CalWest Bancorp,             South County Bank, N.A.,   San Francisco
  Rancho Santa Margarita,      Rancho Santa
  California                   Margarita, California
Central Georgia Banking      State Bank of Cochran,     Atlanta
  Company, Cochran,            Cochran, Georgia
  Georgia
Centra Ventures, Inc.,       Falcon National Bank,      Minneapolis
  St. Cloud, Minnesota         Foley, Minnesota
Denison Bancshares, Inc.     Countryside Bank,          Kansas City
  of Holton, Holton,           Meriden, Kansas
  Kansas
East Penn Financial          East Penn Bank,            Philadelphia
  Corporation, Emmaus,         Emmaus, Pennsylvania
  Pennsylvania
Eden Financial               Laguna Bancshares, Inc.,   Dallas
  Corporation, San Angelo,     Big Lake, Texas
  Texas                      Laguna Bancshares of
                               Delaware, Inc.,
                               Dover, Delaware
                             Big Lake Bank, National
                               Association, Big Lake,
                               Texas
Equity Bancshares, Inc.,     National Bank of           Kansas City
  Wichita, Kansas              Andover, Andover,
                               Kansas
First Crockett Bancshares,   First National Bank of     Dallas
  Inc., Crockett, Texas        Crockett, Crockett,
                               Texas
Crockett Delaware
  Bancshares, Inc.,
  Wilmington, Delaware
Gemini Bancshares, Inc.,     Integrity Bank & Trust,    Kansas City
  Monument, Colorado           Monument, Colorado
Guaranty Federal             Guaranty Federal Savings   St. Louis
  Bancshares, Inc.,            Bank, Springfield,
  Springfield, Missouri        Missouri
Inwood Bancshares, Inc.,     WB&T Bancshares, Inc.,     Dallas
  Dallas, Texas                Duncanville, Texas
Inwood Delaware, Inc.,       WB&T Delaware, Inc.,
  Dover, Delaware              New Castle, Delaware
                             Western Bank and Trust,
                               Duncanville, Texas
JDOB, Inc.,                  First National Bank of     Minneapolis
  Sandstone, Minnesota         Hinckley, Hinckley,
                               Minnesota
Liberty Bancshares, Inc.,    First Federal Capital      Minneapolis
  St. Paul, Minnesota          Corporation, La
                               Crosse, Wisconsin
Liberty State Bank,          First Federal Capital
  St. Paul, Minnesota          Bank, La Crosse,
                               Wisconsin
Mercantile Bancorp, Inc.,    New Frontier Bancshares,   St. Louis
  Quincy, Illinois             Inc., St. Charles,
                               Missouri
MNB Holdings Corporation,    Mission National Bank,     San Francisco
  San Francisco,               San Francisco,
  California                   California
Munchener                    Commerzbank                New York
  Ruckversicherungs-           Aktiengesellschaft,
  Gesellschaft                 Frankfurt, Germany
  Aktiengesellschaft,
  Munich, Germany
South Shore Mutual Holding   South Shore Co-operative   Boston
  Company,                     Bank, Weymouth,
  Weymouth, Massachusetts      Massachusetts
South Texas Bancorp, Inc.,   Kingsville State           Dallas
  Hebbronville, Texas          Bancshares, Inc.,
                               Kingsville, Texas
Steele Street Bank           Steele Street State        Kansas City
  Corporation, Denver,         Bank, Denver, Colorado
  Colorado
Tidelands Bancshares,        Tidelands Bank,            Richmond
  Inc., Mt. Pleasant,          Mt. Pleasant, South
  South Carolina               Carolina
Union Financial              Provident Community        Richmond
  Bancshares, Inc., Union,     Bank, National
  South Carolina               Association, Union,
                               South Carolina

Section 4

                                Nonbanking
Applicant(s)                 Activity/Company           Reserve Bank

Bank One Corporation,        To expand its aggregate    Chicago
  Chicago, Illinois            investment in
                               community welfare and
                               development activities
Commerzbank                  Commerzbank Capital        New York
  Aktiengesellschaft,          Markets Corporation,
  Frankfurt, Germany           New York, New York
FNB Corporation,             Bedford Bancshares,        Richmond
  Christiansburg, Virginia     Inc., Bedford,
                               Virginia
Heartland Financial USA,     HTLF Capital Corp.,        Chicago
  Inc., Dubuque, Iowa          Dubuque, Iowa
Inwood Bancshares, Inc.,     Inwood Asset Management,   Dallas
  Dallas, Texas                Inc., Dallas, Texas
Inwood Delaware,
  Dover, Delaware
Northview Financial          Northview Mortgage,        Chicago
  Corporation, Northfield,     LLC., Northfield,
  Illinois                     Illinois
Shorebank Corporation,       To conduct the following   Chicago
  Chicago, Illinois            activities:
                               (1) financial and
                               investment advisory
                               activities; (2)
                               private placement
                               services; and (3)
                               administrative
                               services

Sections 3 and 4

                                Nonbanking
Applicant(s)                 Activity/Company           Reserve Bank

Danran Holding Ltd.,         Signature Bank,            New York
  Tel Aviv, Israel             New York, New York
Shamdar Holdings Ltd.,
  Tel Aviv, Israel
Elran (D.D.) Investments
  Ltd., Tel Aviv, Israel
Elran (D.D.) Holdings
  Ltd., Tel Aviv, Israel

Section 3

Applicant(s)                 Effective Date

AIM Bancshares, Inc.,        June  20, 2003
  Levelland, Texas
Avest, Inc.,                 June  19, 2003
  Cleburne, Texas
Afin, Ltd.,
  Cleburne, Texas
Business Bancshares, Inc.,   June  19, 2003
  Clayton, Missouri
CalWest Bancorp,             June  13, 2003
  Rancho Santa Margarita,
  California
Central Georgia Banking      June 13, 2003
  Company, Cochran,
  Georgia
Centra Ventures, Inc.,       June 13, 2003
  St. Cloud, Minnesota
Denison Bancshares, Inc.     June 9, 2003
  of Holton, Holton,
  Kansas
East Penn Financial          June 2, 2003
  Corporation, Emmaus,
  Pennsylvania
Eden Financial               June 4, 2003
  Corporation, San Angelo,
  Texas
Equity Bancshares, Inc.,     June 11, 2003
  Wichita, Kansas
First Crockett Bancshares,   June 11, 2003
  Inc., Crockett, Texas
Crockett Delaware
  Bancshares, Inc.,
  Wilmington, Delaware
Gemini Bancshares, Inc.,     May 30, 2003
  Monument, Colorado
Guaranty Federal             June 11, 2003
  Bancshares, Inc.,
  Springfield, Missouri
Inwood Bancshares, Inc.,     June 19, 2003
  Dallas, Texas
Inwood Delaware, Inc.,
  Dover, Delaware
JDOB, Inc.,                  June 25, 2003
  Sandstone, Minnesota
Liberty Bancshares, Inc.,    June 9, 2003
  St. Paul, Minnesota
Liberty State Bank,
  St. Paul, Minnesota
Mercantile Bancorp, Inc.,    June 6, 2003
  Quincy, Illinois
MNB Holdings Corporation,    June 24, 2003
  San Francisco,
  California
Munchener                    June 9, 2003
  Ruckversicherungs-
  Gesellschaft
  Aktiengesellschaft,
  Munich, Germany
South Shore Mutual Holding   June 23, 2003
  Company,
  Weymouth, Massachusetts
South Texas Bancorp, Inc.,   June 6, 2003
  Hebbronville, Texas
Steele Street Bank           June 18, 2003
  Corporation, Denver,
  Colorado
Tidelands Bancshares,        June 11, 2003
  Inc., Mt. Pleasant,
  South Carolina
Union Financial              June 25, 2003
  Bancshares, Inc., Union,
  South Carolina

Section 4

Applicant(s)                 Effective Date

Bank One Corporation,        June 20, 2003
  Chicago, Illinois
Commerzbank                  June 6, 2003
  Aktiengesellschaft,
  Frankfurt, Germany
FNB Corporation,             June 23, 2003
  Christiansburg, Virginia
Heartland Financial USA,     June 11, 2003
  Inc., Dubuque, Iowa
Inwood Bancshares, Inc.,     June 13, 2003
  Dallas, Texas
Inwood Delaware,
  Dover, Delaware
Northview Financial          June 18, 2003
  Corporation, Northfield,
  Illinois
Shorebank Corporation,       June 20, 2003
  Chicago, Illinois

Sections 3 and 4

Applicant(s)                 Effective Date

Danran Holding Ltd.,         June 13, 2003
  Tel Aviv, Israel
Shamdar Holdings Ltd.,
  Tel Aviv, Israel
Elran (D.D.) Investments
  Ltd., Tel Aviv, Israel
Elran (D.D.) Holdings
  Ltd., Tel Aviv, Israel

APPLICATIONS APPROVED UNDER BANK MERGER ACT
By Federal Reserve Banks

Recent applications have been approved by the Federal Reserve Banks as
listed below. Copies are available upon request to the Reserve Banks.

Applicant(s)             Bank(s)                        Reserve Bank

East Penn Bank,          East Penn Interim Bank,        Philadelphia
  Emmaus, Pennsylvania     Emmaus, Pennsylvania
JPMorgan Chase Bank,     Citizens Bank of
  New York, New York       Connecticut, New London,
                           Connecticut                  New York
Citizens Bank of         Citizens Bank of
  Massachusetts,           Pennsylvania,
  Boston. Massachusetts    Philadelphia, Pennsylvania
Citizens Bank New        Citizens Bank of
  Hampshire,               Rhode Island, Providence,
  Manchester, New          Rhode Island
  Hampshire

Applicant(s)             Effective Date

East Penn Bank,          June 2, 2003
  Emmaus, Pennsylvania
JPMorgan Chase Bank,
  New York, New York
Citizens Bank of         May 29, 2003
  Massachusetts,
  Boston. Massachusetts
Citizens Bank New
  Hampshire,
  Manchester, New
  Hampshire