Applications approved under Bank Holding Company Act. (Legal Developments).

APPLICATIONS APPROVED UNDER BANK HOLDING COMPANY 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.

Section 3

Applicant(s)                       Bank(s)

Alamerica BancCorp, Inc.,          Alamerica Bank,
  Birmingham, Alabama                Birmingham, Alabama
BB&T Corporation,                  Community First Banking Company,
  Winston-Salem, North Carolina      Carrollton, Georgia
Catawba Valley Bancshares, Inc.,   First Gaston Bank of North Carolina,
  Hickory, North Carolina            Gastonia, North Carolina
The Colonial BancGroup, Inc.,      Manufacturers Bank of Florida,
  Montgomery, Alabama                Tampa, Florida
Manufacturers Bancshares, Inc.,
  Tampa, Florida
DNB Bancshares, Inc.,              Dallas National Bank,
  Dallas, Texas                      Dallas, Texas
DNB Delaware Financial
  Corporation,
  Dover, Delaware
Eagle Bancshares, Inc.,            Cashton Bancshares,
  Cashton, Wisconsin                 Cashton, Wisconsin
                                   Bank of Cashton,
                                     Cashton, Wisconsin
First Banks, Inc.,                 BYL Bancorp,
  St. Louis, Missouri                Orange, California
First Banks America, Inc.,         BYL Bank Group,
  St. Louis, Missouri                Orange, California
FPB Bancorp, Inc.,                 First Peoples Bank,
  Port St. Lucie, Florida            Port St. Lucie, Florida
Greater Bay Bancorp,               SJNB Financial Corp.,
  Palo Alto, California              San Jose, California
                                   San Jose National Bank,
                                     San Jose, California
Kensington Bankshares, Inc.,       First Kensington Bank,
  Spring Hill, Florida               Spring Hill, Florida
New Peoples Bankshares, Inc.,      New Peoples Bank,
  Honaker, Virginia                  Honaker, Virginia
Northstar Financial Group, Inc.,   Seaway Community Bank,
  Bad Axe, Michigan                  St. Clair, Michigan
Overton Financial Corporation,     Longview Financial Corporation,
  Overton, Texas                     Longview, Texas
Overton Delaware Corporation,
  Dover, Delaware
Piedmont BankCorp,                 Piedmont Bank,
  Statesville, North Carolina        Statesville, North Carolina
Prairieland Employee Stock         Prairieland Bancorp, Inc.,
  Ownership Plan,                    Bushnell, Illinois
  Bushnell, Illinois
River Valley Bancorp, Inc.,        State Bank of Latham,
  Eldridge, Iowa                     Latham, Illinois
                                   Valley State Bank,
                                     Eldridge, Iowa
Second Bancorp, Inc.,              Commerce Exchange Corporation,
  Warren, Ohio                       Beachwood, Ohio
South Plains Financial, Inc.,      City Bank New Mexico,
  Lubbock, Texas                     Ruidoso, New Mexico
South Plains Delaware Financial
  Corporation,
  Dover, Delaware
Zia Financial Corporation,
  Ruidoso, New Mexico
Spector Holdings Management,       Citizens State Bank,
  LLC,                               Luling, Texas
  San Antonio, Texas
Spector Holdings Limited
  Partnership,
  San Antonio, Texas
Luling Bancshares, Inc.,
  Luling, Texas
Luling Delaware Financial
  Corporation,
  Dover, Delaware
Texas Heritage Bancshares, Inc.,   Hondo National Bank,
  Hondo, Texas                       Hondo, Texas
Texas Heritage Bancshares of
  Delaware, Inc.,
  Wilmington, Delaware
United Community Banks, Inc.,      Peoples Bancorp, Inc.,
  Blairsville, Georgia               Carrollton, Georgia
                                   Peoples Bank of West Georgia,
                                     Carrollton, Georgia
Venture Bancshares, Inc.,          Venture Bank,
  Bloomington, Minnesota             Bloomington, Minnesota
West 12 Bancorporation, Inc.,      State Bank of Danvers,
  Danvers, Minnesota                 Danvers, Minnesota

Section 4

Applicant(s)                       Nonbanking Activity/Company

Camden National Corporation,       Trust Company of Maine, Inc.,
  Camden, Maine                      Bangor, Maine
Camden National Investment
  Services, Inc.,
  Camden, Maine

Sections 3 and 4

Applicant(s)                       Nonbanking Activity/Company

Georgia Banking Company, Inc.,     Georgia Banking Company,
  Atlanta, Georgia                   Atlanta, Georgia
                                   GBC Funding, Inc.,
                                     Atlanta, Georgia
Virginia Financial Corporation,    Virginia Commonweath Financial
  Staunton, Virginia                 Corporation,
                                     Culpeper, Virginia

Section 3

Applicant(s)                       Reserve Bank    Effective Date

Alamerica BancCorp, Inc.,          Atlanta         October 4, 2001
  Birmingham, Alabama
BB&T Corporation,                  Richmond        October 11, 2001
  Winston-Salem, North Carolina
Catawba Valley Bancshares, Inc.,   Richmond        October 24, 2001
  Hickory, North Carolina
The Colonial BancGroup, Inc.,      Atlanta         October 5, 2001
  Montgomery, Alabama
Manufacturers Bancshares, Inc.,
  Tampa, Florida
DNB Bancshares, Inc.,              Dallas          October 18, 2001
  Dallas, Texas
DNB Delaware Financial
  Corporation,
  Dover, Delaware
Eagle Bancshares, Inc.,            Chicago         September 28, 2001
  Cashton, Wisconsin

First Banks, Inc.,                 St. Louis       October 1, 2001
  St. Louis, Missouri
First Banks America, Inc.,
  St. Louis, Missouri
FPB Bancorp, Inc.,                 Atlanta         October 10, 2001
  Port St. Lucie, Florida
Greater Bay Bancorp,               San Francisco   October 3, 2001
  Palo Alto, California

Kensington Bankshares, Inc.,       Atlanta         October 19, 2001
  Spring Hill, Florida
New Peoples Bankshares, Inc.,      Richmond        October 10, 2001
  Honaker, Virginia
Northstar Financial Group, Inc.,   Chicago         October 19, 2001
  Bad Axe, Michigan
Overton Financial Corporation,     Dallas          October 11, 2001
  Overton, Texas
Overton Delaware Corporation,
  Dover, Delaware
Piedmont BankCorp,                 Richmond        October 11, 2001
  Statesville, North Carolina
Prairieland Employee Stock         Chicago         October 15, 2001
  Ownership Plan,
  Bushnell, Illinois
River Valley Bancorp, Inc.,        Chicago         October 5, 2001
  Eldridge, Iowa

Second Bancorp, Inc.,              Cleveland       October 4, 2001
  Warren, Ohio
South Plains Financial, Inc.,      Dallas          October 24, 2001
  Lubbock, Texas
South Plains Delaware Financial
  Corporation,
  Dover, Delaware
Zia Financial Corporation,
  Ruidoso, New Mexico
Spector Holdings Management,       Dallas          October 3, 2001
  LLC,
  San Antonio, Texas
Spector Holdings Limited
  Partnership,
  San Antonio, Texas
Luling Bancshares, Inc.,
  Luling, Texas
Luling Delaware Financial
  Corporation,
  Dover, Delaware
Texas Heritage Bancshares, Inc.,   Dallas          October 7, 2001
  Hondo, Texas
Texas Heritage Bancshares of
  Delaware, Inc.,
  Wilmington, Delaware
United Community Banks, Inc.,      Atlanta         September 21, 2001
  Blairsville, Georgia

Venture Bancshares, Inc.,          Minneapolis     October 22, 2001
  Bloomington, Minnesota
West 12 Bancorporation, Inc.,      Minneapolis     September 28, 2001
  Danvers, Minnesota

Section 4

Applicant(s)                       Reserve Bank    Effective Date

Camden National Corporation,       Boston          October 17, 2001
  Camden, Maine
Camden National Investment
  Services, Inc.,
  Camden, Maine

Sections 3 and 4

Applicant(s)                       Reserve Bank    Effective Date

Georgia Banking Company, Inc.,     Atlanta         October 15, 2001
  Atlanta, Georgia

Virginia Financial Corporation,    Richmond        October 18, 2001
  Staunton, Virginia