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

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)

Banknorth Group, Inc.,               Bancorp Connecticut, Inc.,
  Portland, Maine                      Southington, Connecticut
                                     Southington Savings Bank,
                                       Southington, Connecticut
Citizens Cumberland Bancshares,      Citizens Bank of Cumberland
  Inc.,                                County, Inc.,
  Burkesville, Kentucky                Burkesville, Kentucky
County Bancorp, Inc.,                North County Bank,
  Arlington, Washington                Arlington, Washington
First Citizens Bancorporation of     Trinity Bank,
  South Carolina, Inc.,                Monroe, North Carolina
  Columbia, South Carolina
FNB Corp.,                           Rowan Bancorp, Inc.,
  Asheboro, North Carolina             China Grove, North Carolina
                                     Rowan Savings Bank SSB, Inc.,
                                       China Grove, North Carolina
Grace Investment Company, Inc.,      Alva State Bank & Trust Company,
  Alva, Oklahoma                       Alva, Oklahoma
Hometown Independent Bancorp,        Morton Community Bank,
  Inc. Employee Stock Ownership        Morton, Illinois
  Plan & Trust,
  Morton, Illinois
Hometown Independent Bancorp,
  Inc.,
  Morton, Illinois
Metropolitan Bank Group, Inc.,       Upbancorp, Inc.,
  Chicago, Illinois                    Chicago, Illinois
                                     Uptown National Bank of Chicago,
                                       Chicago, Illinois
Monticello Bancshares, Inc.,         Bank of Monticello,
  Monticello, Missouri                 Monticello, Missouri
Mountain National Bancshares, Inc.,  Mountain National Bank,
  Sevierville, Tennessee               Sevierville, Tennessee
People's Community BancShares,       People's Community Bank of the
  Inc.,                                West Coast,
  Sarasota, Florida                    Sarasota, Florida
State Bank of Hawley Employee        State Bank of Hawley,
  Stock Ownership Plan and Trust,      Hawley, Minnesota
  Hawley, Minnesota
Bankshares of Hawley, Inc.,
  Hawley, Minnesota
Synovus Financial Corp.,             Community Financial Group, Inc.,
  Columbus, Georgia                    Nashville, Tennessee
Wadena Bankshares Inc.,              Baron Bancshares II, Inc.,
  Wadena, Minnesota                    White Bear Lake, Minnesota
                                     Security State Bank of Deer Creek,
                                       Deer Creek, Minnesota

Section 4

Applicant(s)                         Nonbanking Activity/Company

First Community Bancshares, Inc.,    To engage in financial and
  Overland Park, Kansas                advisory activities and
                                       management consulting activities
First Mariner Bancorp,               Finance Maryland, LLC,
  Baltimore, Maryland                  Baltimore, Maryland
First Mutual of Richmond, Inc.,      AmTrust Capital Corporation,
  Richmond, Indiana                    Peru, Indiana
Richmond Mutual Bancorporation,      American Trust Federal Savings
  Inc.,                                Bank, Peru, Indiana
  Richmond, Indiana                  Indiana Financial Service
                                       Corporation, Peru, Indiana
IBC Bancorp, Inc.,                   IBC Processing Corporation,
  Chicago, Illinois                    Chicago, Illinois
Lost Pines Bancshares, Inc.,         To engage de novo in lending
  Smithville, Texas                    activities
Tennessee Central Bancshares, Inc.,  System Ventures, Inc.,
  Parsons, Tennessee                   Parsons, Tennessee
Texas United Bancshares, Inc.,       The Bryan-College State Financial
  La Grange, Texas                     Holding Company,
                                       Bryan, Texas
                                     First Federal Savings Bank, FSB,
                                       Bryan, Texas

Sections 3 and 4

Applicant(s)                         Nonbanking Activity/Company

Meader Insurance Agency, Inc.,       1st Financial Bancshares, Inc.,
  Waverly, Kansas                      Overland Park, Kansas

Section 3

Applicant(s)                         Reserve Bank   Effective Date

Banknorth Group, Inc.,               Boston         June 10, 2002
  Portland, Maine
Citizens Cumberland Bancshares,      St. Louis      May 31, 2002
  Inc.,
  Burkesville, Kentucky
County Bancorp, Inc.,                San Francisco  June 4, 2002
  Arlington, Washington
First Citizens Bancorporation of     Richmond       June 5, 2002
  South Carolina, Inc.,
  Columbia, South Carolina
FNB Corp.,                           Richmond       June 17, 2002
  Asheboro, North Carolina
Grace Investment Company, Inc.,      Kansas City    June 14, 2002
  Alva, Oklahoma
Hometown Independent Bancorp,        Chicago        June 5, 2002
  Inc. Employee Stock Ownership
  Plan & Trust,
  Morton, Illinois
Hometown Independent Bancorp,
  Inc.,
  Morton, Illinois
Metropolitan Bank Group, Inc.,       Chicago        June 5, 2002
  Chicago, Illinois
Monticello Bancshares, Inc.,         St. Louis      June 5, 2002
  Monticello, Missouri
Mountain National Bancshares, Inc.,  Atlanta        June 14, 2002
  Sevierville, Tennessee
People's Community BancShares,       Atlanta        June 21, 2002
  Inc.,
  Sarasota, Florida
State Bank of Hawley Employee        Minneapolis    June 26, 2002
  Stock Ownership Plan and Trust,
  Hawley, Minnesota
Bankshares of Hawley, Inc.,
  Hawley, Minnesota
Synovus Financial Corp.,             Atlanta        June 20, 2002
  Columbus, Georgia
Wadena Bankshares Inc.,              Minneapolis    June 6, 2002
  Wadena, Minnesota

Section 4

Applicant(s)                         Reserve Bank   Effective Date

First Community Bancshares, Inc.,    Kansas City    June 14, 2002
  Overland Park, Kansas
First Mariner Bancorp,               Richmond       June 5, 2002
  Baltimore, Maryland
First Mutual of Richmond, Inc.,      Chicago        June 11, 2002
  Richmond, Indiana
Richmond Mutual Bancorporation,
  Inc.,
  Richmond, Indiana
IBC Bancorp, Inc.,                   Chicago        June 5, 2002
  Chicago, Illinois
Lost Pines Bancshares, Inc.,         Dallas         June 14, 2002
  Smithville, Texas
Tennessee Central Bancshares, Inc.,  St. Louis      June 7, 2002
  Parsons, Tennessee
Texas United Bancshares, Inc.,       Dallas         June 12, 2002
  La Grange, Texas

Sections 3 and 4

                                                    Effective
Applicant(s)                         Reserve Bank   Date

Meader Insurance Agency, Inc.,       Kansas City    June 12,
  Waverly, Kansas                                   2002