Department of Banking and Finance bulletin, Dec. 31, 2004

. . . .BULLETIN. . . .BULLETIN. . . .BULLETIN. . . .BULLETIN. . . .
STATE OF GEORGIA
DEPARTMENT OF BANKING AND FINANCE
2990 Brandywine Road, Suite 200 Atlanta, Georgia 30341-5565

DAVID G. SORRELL, COMMISSIONER

Phone: (770) 986-1633

Fax: (770) 986-1655

Internet Address: http://www.gadbf.org
December 31, 2004
The following is a summary of official action taken on applications by State Financial Institutions under Chapter 7-1 of the Code of Georgia and petitions for Certificate of Incorporation of Financial Institutions and other matters of interest during the month of December 2004.
IN THIS ISSUE: GRMA - $6.50 Fee Payment Reminder 2005 State Holiday Schedule

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APPLICATIONS FOR NEW FINANCIAL INSTITUTION

FINANCIAL INSTITUTION Hometown Community Bank 6700 Highway 53 Braselton, GA 30517 Jackson County

CAPITALIZATION $ 7,500,000

BEGIN APPROVAL DATE BUSINESS DATE
Pending

First Madison Bank & Trust 5536 Georgia Highway 72 Colbert, GA 30628 Madison County

$ 6,500,000

12-06-2004

Peach State Bank & Trust 325 Washington Street Gainesville, GA 30501 Hall County

$ 12,000,000

Pending

American United Bank 1800 Old Norcross Road Lawrenceville, GA 30045 Gwinnett County

$ 10,120,000

07-12-2004

12-20-2004

American Southern Bank 1450 Mansell Road Roswell, GA 30076 Fulton County

$ 8,000,000

Pending

PREVIOUS NAME HeritageBank of the South

FINANCIAL INSTITUTION CONVERSIONS

CONVERTED TO HeritageBank of the South Albany Dougherty County

APPROVAL DATE 12-21-2004

EFFECTIVE DATE

APPLICATIONS TO ESTABLISH A BRANCH OFFICE

FINANCIAL INSTITUTION Dorsey State Bank Abbeville

BRANCH OFFICE McDonough Branch Office GA Highway 20 & Westridge Parkway McDonough, GA 30253 Henry County

APPROVAL DATE
Pending

Integrity Bank Alpharetta

South Forsyth Branch Office
Highway 141 and Mathis Airport Road Cumming, GA 30041 Forsyth County

02-17-2004

BEGIN BUSINESS
DATE
Withdrawn 12-22-2004

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FINANCIAL INSTITUTION Integrity Bank Alpharetta
First American Bank and Trust Company Athens
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta

BRANCH OFFICE Satellite Boulevard Branch Office Intersection of Satellite Boulevard and Old Peachtree Road Lawrenceville, GA 30024 Gwinnett County
Hawthorne Avenue Branch Office 995 Hawthorne Avenue Athens, GA 30606-2175 Clarke County
Bainbridge Wal-Mart Money Center Branch Office 500 East Alice Street Bainbridge, GA 39819 Decatur County
Cortez Road Wal-Mart Branch Office 5315 Cortez Road West Bradenton, FL 34210 Manatee County
Cocoa Wal-Mart Branch Office 2800 Clearlake Road Cocoa, FL 32922 Brevard County
Ocoee Wal-Mart Branch Office 10500 West Colonial Drive Ocoee, FL 34761 Orange County
Cave Spring Kroger In-Store Branch Office 3971 Brambleton Avenue South Roanoke, VA 24018 Roanoke County
Carillon Branch Office 130 Fountain Parkway, North St. Petersburg, FL 33716 Pinellas County
St. Petersburg Wal-Mart Branch Office 3501 34th Street St. Petersburg, FL 33716 Pinellas County

APPROVAL DATE
12-13-2004

BEGIN BUSINESS
DATE

12-10-2004 12-27-2004
Pending Pending Pending 12-02-2004 12-02-2004 12-02-2004

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FINANCIAL INSTITUTION SunTrust Bank Atlanta
Freedom Bank of Georgia Commerce
Main Street Bank Covington
Southeastern Bank Darien
Decatur First Bank Decatur
The Heritage Bank Hinesville
Crescent Bank and Trust Company Jasper
First Chatham Bank Savannah
FINANCIAL INSTITUTION SunTrust Bank Atlanta
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BRANCH OFFICE Wilmington Private Banking Branch Office 2601 Irongate Drive Wilmington, NC 28412 Brunswick County

Jefferson Branch Office 1057 Winder Highway Jefferson, GA 30549 Jackson County

Peachtree Street Branch Office 1355 Peachtree Street, NE, Suite 100 Atlanta, GA 30309 Fulton County

Scranton Road Branch Office 755 Scranton Road Brunswick, GA 31525 Glynn County

Lake Oconee Community Branch Office 1010 Park Place Boulevard Greensboro, GA 30642 Greene County

Berwick Branch Office Berwick & Highway 17 Savannah, GA 31406 Chatham County

North Bartow Branch Office 21 Eagle Parkway Adairsville, GA 30103 Bartow County

Wilmington Island Branch Office 454 Johnny Mercer Boulevard Savannah, GA 31410 Chatham County

APPLICATIONS TO CHANGE LOCATION

From: To:

CHANGE LOCATION OF Dolly Parton Parkway Branch Office 215 Court Avenue Sevierville TN 37862 Sevier County 601 Dolly Parton Parkway Sevierville TN 37862 Sevier County

APPROVAL DATE
12-27-2004

BEGIN BUSINESS
DATE

12-27-2004

02-04-2004

12-30-2004

01-08-2004

11-01-2004

09-30-2004

12-01-2004

12-15-2004

Pending

12-07-2004

APPROVAL EFFECTIVE

DATE

DATE

12-27-2004

FINANCIAL INSTITUTION Commercial Bank & Trust Company of Troup County
LaGrange

From: To:

CHANGE LOCATION OF West Georgia Commons Mall Branch Office
1501 LaFayette Parkway LaGrange GA 30240 Troup County 1496 LaFayette Parkway LaGrange GA 30240 Troup County

APPROVAL EFFECTIVE

DATE

DATE

01-02-2003 12-28-2004

PREVIOUS NAME Peoples Community Bank Colquitt
WellStar Credit Union Marietta

NOTICE OF CHANGE IN NAME
NEW NAME PCB, The Community Bank
Members First Credit Union

APPROVAL EFFECTIVE

DATE

DATE

Pending

12-08-2004 12-08-2004

PROPOSED NAME Covenant Bank & Trust

APPLICATIONS FOR RESERVATION OF A NAME

COUNTY Walker County

APPLICANT Mr. John B. Kline, Principal Mauldin & Jenkins LLC 200 Galleria Parkway SE, Suite 1700 Atlanta, GA 30339-5946

Members First Credit Union

Cobb County

Mr. Don Rackley, President WellStar Credit Union 675 Campbell Hill Street Marietta, GA 30061

Signature Bank of Georgia

Fulton County

Mr. John B. Kline, Principal Mauldin & Jenkins LLC 200 Galleria Parkway SE, Suite 1700 Atlanta, GA 30339-5946

Southern Bank & Trust

Habersham County

Mr. Byron Richardson, Principal BankResources, Inc. 2451 Cumberland Parkway, Suite 3618 Atlanta, GA 30339-6157

The Buckhead Community Bank

Fulton County

Ms. Beth Lanier Powell Goldstein, LLP One Atlantic Center, 1201 West Peachtree Atlanta, GA 30309

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FINANCIAL INSTITUTION (SURVIVOR) SunTrust Bank
Atlanta

FINANCIAL INSTITUTION MERGERS
MERGED INSTITUTION National Bank of Commerce Memphis, TN

APPROVAL EFFECTIVE

DATE

DATE

Pending

SunTrust Bank Atlanta

SunTrust BankCard, National Association Orlando, FL

Pending

United Community Bank Blairsville

Liberty National Bank Conyers, GA

Pending

Peoples Community Bank Colquitt

Peoples Community Bank Columbia, AL

Pending

Peoples Community Bank Colquitt

PCB, The Community Bank Malone, FL

Pending

Crescent Bank and Trust Company Jasper
WellStar Credit Union Marietta

Futurus Bank, N. A. Alpharetta, GA
MedCom Federal Credit Union Decatur, GA

Pending 11-02-2004 12-03-2004

GE Capital Consumer Card Co. Mason, OH

Monogram Credit Card Bank of Georgia Alpharetta, GA

Pending

APPLICATIONS TO BECOME A BANK HOLDING COMPANY AND/OR TO ACQUIRE VOTING STOCK OF A FINANCIAL INSTITUTION

BANK HOLDING COMPANY

TO ACQUIRE

APPROVAL DATE

FORMATIONS Heritage Financial Group Albany, GA

HeritageBank of the South Albany, GA

12-21-2004

Heritage, MHC Albany, GA

Heritage Financial Group Albany, GA

12-21-2004

PracticeBank Financial, Inc. Alpharetta, GA

Georgia Community Bank Dalton, GA

Rescinded 12-10-2004

Georgia Trust Bancshares, Inc. Buford, GA

Georgia Trust Bank (IO) Buford, GA

Pending

FirstBank Financial Services, Inc. McDonough, GA

First Bank of Henry County McDonough, GA

Pending

Enterprise Banking Company, Inc. Stockbridge, GA

Dorsey State Bank Abbeville, GA

Pending

ACQUISITIONS Synovus Financial Corp. Columbus, GA

Cohutta Banking Company of Tennessee (IO) Chattanooga, TN

Pending

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CITY Cartersville Covington Gainesville Doraville Marietta Rincon Warrenton Smyrna Decatur Atlanta

CHECK CASHER LICENSES ISSUED

APPLICANT NAME BOY-DEN CAPITAL, LLC * Deepa Enterprises, Inc. EZ Check Cashing * Gul & Sons Corp. Kabani Investment, Inc. * Pranami Food Mart II * Shriji Saheb Business, Inc. Super Mercado Jalisco #3, Inc. * Y & K Food, Inc. * Yu, Chun Sik

TRADE NAME BOY-DEN CAPITAL Hester's Package Store EZ Check Cashing Amoco Food Mart Casa De Cambio Pranami Food Mart II Doug's Quik Stop Super Mercado Jalisco #3 Glenwood Grocery Bubbas Supermarket

* = Registrant Exempt (O.C.G.A. 7-1-709)

MONEY TRANSMITTER
MoneyXpress of Georgia, Inc. Chicago, IL

MONEY TRANSMITTER LICENSES ISSUED
APPROVAL DATE 12-21-2004

Alamin, Semira Clarkston, GA

12-21-2004

NOTICES

GEORGIA RESIDENTIAL MORTGAGE ACT - $6.50 FEE PAYMENT REMINDER
The $6.50 per loan fees required by O.C.G.A. Section 7-1-1011(b)(2) and Department Rule 80-5-1-.04 are due March 1, 2005 for loans secured by residential property closed during the period July 1, 2004 through December 31, 2004. Failure to remit all fees due will result in the assessment of a $1,000 fine.
Financial institutions should have received a letter regarding $6.50 fee payment and accessing the online fee payment system.
Institutions that choose not to pay online may access the reporting form from the Department's public website at: http://www.ganet.org/dbf/$6_50 Fee Statement - GRMA.htm
Please review your files and remit the required $6.50 per loan fees as soon as possible.
2005 STATE HOLIDAY SCHEDULE
In accordance with O.C.G.A. 1-4-1, Governor Sonny Perdue proclaimed the following dates as public and legal holidays for the year 2005. Financial Institutions may observe both the official observance day as well as alternative observances indicated. In addition to these designated dates, financial institutions may close on Sunday and one discretionary day each week. If the discretionary day observed is changed permanently or temporarily, customer notice must be posted at least 30 days in advance.
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2005
New Year's Day Martin Luther King, Jr.'s Birthday (Will be observed) Robert E. Lee's Birthday (Will be observed) Washington's Birthday (Will be observed) Confederate Memorial Day Memorial Day Independence Day Labor Day Columbus Day Veterans' Day Thanksgiving Day (Alternate observance of Lee's Birthday) Christmas Day (Will be observed) (Alternate observance of Washington's Birthday)

Monday, January 3 Saturday, January 15 Monday, January 17 Monday, January 19 Friday, November 25 Tuesday, February 22 Tuesday, December 27 Monday, April 25 Monday, May 30 Monday, July 4 Monday, September 5 Monday, October 10 Friday, November 11 Thursday, November 24 Friday, November 25 Sunday, December 25 Monday, December 26 Tuesday, December 27

EMERGENCY CLOSINGS
As the winter months approach, all financial institutions are reminded that current regulations provide for management to exercise its own discretion, with notification to the Department, in closing any institution for one business day (renewal for successive days) upon its determination that the safety of customers, employees or assets would be in jeopardy due to civil disorder, fire, acts of God, or utility failure or similar circumstances which render the institution unable to conduct business in a safe and sound manner. Such closings should be communicated to the Department by telephone, mail or fax as soon as transmission is feasible.

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