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

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

Section 3
                                           Reserve
Applicant(s)         Bank(s)               Bank          Effective Date

Banknorth Group,     Ipswich Bancshares,   Boston        April 10, 2002
  Inc., Portland,      Inc., Ipswich,
  Maine                Massachusetts
                     Ipswich Savings
                       Bank, Ipswich,
                       Massachusetts
The Baraboo          The Bancorp, Inc.,    Chicago       April 5, 2002
  Bancorporation,      Cedarburg, Wis-
  Inc., Baraboo,       consin
  Wisconsin          Northwoods State
                       Bank, Elcho,
                       Wisconsin
Century Banc-        Century Bank of       St. Louis     March 27, 2002
  shares, Inc.,        Kentucky, Inc.,
  Lawrenceburg,        Lawrenceburg,
  Kentucky             Kentucky
Commercial Banc-     Commercial Bank,      St. Louis     April 5, 2002
  shares, Inc.,        Maryland Heights,
  Maryland             Missouri
  Heights,
  Missouri
CRSB Bancorp,        Crow River State      Minneapolis   April 3, 2002
  Inc., Delano,        Bank, Delano,
  Minnesota            Minnesota
Docking Banc-        Union State Bank,     Kansas City   April 5, 2002
  shares, Inc.,        Arkansas City,
  Arkansas City,       Kansas
  Kansas
EuroBancshares,      Eurobank,             New York      April 5, 2002
  Inc., Hato Rey,      Hato Rey, Puerto
  Puerto Rico          Rico
First Citizens       Bank of Wilmington,   Richmond      April 11, 2002
  Bancorporation       Wilmington, North
  of South Caro-       Carolina
  lina, Inc.,
  Columbia, South
  Carolina
First Financial      Omega City Holding    Minneapolis   April 5, 2002
  Corporation,         Company, LaMoure,
  Arthur, North        North Dakota
  Dakota             First State Bank of
                       LaMoure, LaMoure,
                       North Dakota
Florida Community    Florida Community     Atlanta       April 5, 2002
  Banks, Inc.,         Bank, Immokalee,
  Immokalee,           Florida
  Florida
Gifford Bancorp,     Gifford Bancorp,      Chicago       April 3, 2002
  Inc. Employee        Inc., Gifford,
  Stock Ownership      Illinois
  Plan, Gifford,     The Gifford State
  Illinois             Bank, Gifford,
                       Illinois
Hoosac Financial     Williamstown Mutual   Boston        April 15, 2002
  Services, Inc.,      Holding Company,
  North Adams,         Williamstown,
  Massachusetts        Massachusetts
                     Williamstown
                       Savings Bank,
                       Williamstown,
                       Massachusetts
                     MountainOne Finan-
                       cial Partners,
                       Inc., North
                       Adams, Massachu-
                       setts
Legends Financial    Legends Bank,         Atlanta       April 5, 2002
  Holdings, Inc.,      Clarksville,
  Clarksville,         Tennessee
  Tennessee
Liberty Banc-        Bank of Jonesboro,    St. Louis     April 9, 2002
  shares, Inc.,        Jonesboro,
  Jonesboro,           Arkansas
  Arkansas
THE BANKshares,      The Bank Brevard,     Atlanta       April 22, 2002
  Inc., Melbourne,     Melbourne,
  Florida              Florida

Section 4

                     Nonbanking Acti-      Reserve
Applicant(s)         vity/Company          Bank          Effective Date

Bayerische Hypo-     Digital Signature     New York      April 16, 2002
  und Vereinsbank      Trust Company,
  AG, Munich,          Salt Lake City,
  Germany              Utah
Allianz AG,
  Munich, Germany
Munchener Ruckve-
  rischerungs-
  Gesellschaft Ak-
  tiengesellschaft
  In Munchen,
  Munich, Germany
Identrus, LLC,
  New York, New
  York
First Financial      First Financial       Cleveland     April 8, 2002
  Bancorp,             Capital Advisors,
  Hamilton, Ohio       LLC, Hamilton,
                       Ohio

Sections 3 and 4

                     Nonbanking Acti-      Reserve
Applicant(s)         vity/Company          Bank          Effective Date

Outsource Hol-       First Citizens        Dallas        April 15, 2002
  dings, Inc.,         Bank, National
  Lubbock, Texas       Association,
Outsource Delaware     Dallas, Texas
  Holdings, Inc.,    Jefferson Mortgage
  Dover, Delaware      Services, Inc.,
                       Dallas, Texas
                     Orr Lease, Inc.,
                       Dallas, Texas
Savanna-Thomson      Thomson Investment,   Chicago       April 2, 2002
  Investment,          Inc., Savanna,
  Inc., Fulton,        Illinois
  Illinois           Savanna State Bank,
                       Savanna, Illinois
                     Thomson State Bank,
                       Thomson, Illinois
                     Thomson LLC,
                       Thomson, Illinois