. . . .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/ September 30, 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 September 2004. IN THIS ISSUE: REQUEST FOR APPROVAL OF A BANK DIVIDEND APPROVAL OF INCIDENTAL POWERS 1 APPLICATIONS FOR NEW FINANCIAL INSTITUTION FINANCIAL INSTITUTION Hometown Community Bank Highway 53 at New Cut Road Braselton, GA 30517 Jackson County CAPITALIZATION APPROVAL DATE $ 7,500,000 Pending BEGIN BUSINESS DATE Hamilton State Bank 6323 Grand Hickory Drive, Suite 100-G Braselton, GA 30517 Gwinnett County $ 13,217,500 07-02-2004 09-20-2004 Georgia Trust Bank 2725 Mall of Georgia Boulevard Buford, GA 30519 Gwinnett County $ 10,000,000 Pending First Madison Bank & Trust 5536 Georgia Highway 72 Colbert, GA 30628 Madison County $ 6,000,000 Pending Peach State Bank & Trust 325 Washington Street Gainesville, GA 30501 Hall County $ 12,000,000 Pending Legacy State Bank 3825 Harrison Road Loganville, GA 30052 Gwinnett County $ 10,000,000 Pending State Bank and Trust Company 321 Fullington Avenue Pinehurst, GA 31070 Dooly County $ 7,000,000 Pending Community Bank of Rockmart 1400 Nathan Dean Parkway Rockmart, GA 30153 Polk County $ 6,000,000 09-15-2004 PREVIOUS NAME HeritageBank of the South FINANCIAL INSTITUTION CONVERSIONS CONVERTED TO HeritageBank of the South Albany Dougherty County APPROVAL DATE 09-10-2004 EFFECTIVE DATE 2 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 BEGIN BUSINESS DATE SunTrust Bank Atlanta Federal Hill Branch Office 1037-1039 Light Street Baltimore, MD 21230 09-07-2004 SunTrust Bank Atlanta Hiram Pavilion Branch Office 42 Metro Mont Drive Hiram, GA 30141 Paulding County 07-13-2004 09-20-2004 SunTrust Bank Atlanta Heathrow/46 A Branch Office 1100 Town Park Avenue Lake Mary, FL 32746 Seminole County 09-09-2004 SunTrust Bank Atlanta Downtown Lake Worth Branch Office One South Dixie Highway Lake Worth, FL 33460 Palm Beach County 07-29-2004 09-20-2004 SunTrust Bank Atlanta South Sebastian-Indian River Branch Office 9601 U.S. Highway One Sebastian, FL 32958 Indian River County Pending SunTrust Bank Atlanta Wellington Mall Branch Office 10100 Forrest Hill Boulevard Wellington, FL 33414 Palm Beach County 07-29-2004 09-27-2004 SunTrust Bank Atlanta Westminister Branch Office 700 Baltimore Boulevard Westminister, MD 21158 Carroll County 09-27-2004 Georgia Bank & Trust Company of Augusta Augusta Cotton Exchange Branch Office 32 Eighth Street Augusta, GA 30901 Richmond County 07-29-2004 09-16-2004 Seasons Bank Blairsville Blue Ridge Branch Office 2517 Appalachian Highway Blue Ridge, GA 30513 Fannin County Pending 3 FINANCIAL INSTITUTION Hamilton State Bank Braselton Georgia Trust Bank Buford Community Bank & Trust Cornelia Decatur First Bank Decatur The Heritage Bank Hinesville McIntosh State Bank Jackson Citizens State Bank Kingsland The Peoples Bank Lithonia Newnan Coweta Bank Newnan State Bank and Trust Company Pinehurst 4 BRANCH OFFICE Hall County Branch Office 441-A E. E. Butler Parkway Gainesville, GA 30501 Hall County Kennesaw Branch Office 3401 George Busbee Parkway Kennesaw, GA 30144 Cobb County Winder Branch Office 4 Mimosa Street Winder, GA 30680 Barrow County Lake Oconee Community Branch Office 1010 Park Place Boulevard Greensboro, GA 30642 Greene County Altama Connector Branch Office 150 Altama Connector Brunswick, GA 31525 Glynn County McDonough Branch Office 235 Keys Ferry Street McDonough, GA 30253 Henry County Kings Bay Branch Office 120 Kings Bay Road St. Mary's, GA 31558 Camden County Covington Branch Office 6124 Highway 278, SE Covington, GA 30016 Newton County Lexington Circle Branch Office 107 Lexington Circle Peachtree City, GA 30269 Fayette County Unadilla Branch Office 2206 Pine Street Unadilla, GA 31091 Dooly County APPROVAL DATE 07-02-2004 BEGIN BUSINESS DATE 09-20-2004 Pending 09-15-2004 09-30-2004 02-24-2004 09-07-2004 09-30-2004 09-16-2004 09-28-2004 09-14-2004 Pending FINANCIAL INSTITUTION Farmers and Merchants Community Bank Senoia BRANCH OFFICE White Oak Branch Office 1595 Highway 34 East Newnan, GA 30265 Coweta County APPROVAL DATE 09-07-2004 BEGIN BUSINESS DATE FINANCIAL INSTITUTION SunTrust Bank Atlanta APPLICATIONS TO CHANGE LOCATION CHANGE LOCATION OF Chapman Highway Branch Office From: 7325 Chapman Highway Knoxville TN 37920 Knox County To: 7426 Chapman Highway Knoxville TN 37920 Knox County APPROVAL DATE 09-07-2004 EFFECTIVE DATE PREVIOUS NAME Rich's Employees Credit Union Atlanta NOTICE OF CHANGE IN NAME NEW NAME Retail Employees Credit Union APPROVAL EFFECTIVE DATE DATE 09-08-2004 09-13-2004 Peoples Community Bank Colquitt PCB, The Community Bank Pending PROPOSED NAME First Cornerstone Bank APPLICATIONS FOR RESERVATION OF A NAME COUNTY Cobb County APPLICANT Mr. Kennerly Carroll Attorney at Law Miller & Martin PLLC 1170 Peachtee Street, NE, Suite 800 Atlanta, GA 30309-7649 True Bank Fulton County Mr. Vincent Terry, President National Minority Mortgage Bankers Association 234 Rosewood Way Atlanta, GA 30311 Vantage South Bank Paulding County Mr. Kennerly Carroll Attorney at Law Miller & Martin PLLC 1170 Peachtree Street, NE, Suite 800 Atlanta, GA 30309-7649 FINANCIAL INSTITUTION (SURVIVOR) Atlanta City Employees Credit Union Atlanta FINANCIAL INSTITUTION MERGERS MERGED INSTITUTION Wheat Street Church Federal Credit Union Atlanta APPROVAL EFFECTIVE DATE DATE 06-15-2004 09-01-2004 5 FINANCIAL INSTITUTION (SURVIVOR) Atlanta Postal Credit Union Atlanta MERGED INSTITUTION #1 Federal Credit Union Jonesboro APPROVAL EFFECTIVE DATE DATE 09-30-2004 United Community Bank Blairsville Liberty National Bank Conyers Pending United Community Bank Blairsville Eagle National Bank Stockbridge 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 Futurus Bank, N. A. Alpharetta Pending Georgia Guard Credit Union Macon Engelhard Employees' Credit Union McIntyre 08-16-2004 09-15-2004 WellStar Credit Union Marietta MedCom Federal Credit Union Decatur Pending Associated Credit Union Norcross American Heritage Credit Union Ellenwood Pending First Capital Bank Norcross Chattahoochee National Bank Alpharetta Pending Capital City Bank Tallahassee, FL Farmers and Merchants Bank Dublin 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 PracticeBank Financial, Inc. Alpharetta, GA Georgia Community Bank Dalton, GA 09-28-2004 FGBC Bancshares, Inc. Franklin, GA 1st Georgia Banking Company Franklin, GA 09-24-2004 Enterprise Banking Company, Inc. Stockbridge, GA Dorsey State Bank Abbeville, GA Pending 6 ACQUISITIONS United Community Banks, Inc. Blairsville, GA Liberty National Bank Conyers, GA Pending CITY Alpharetta Atlanta Atlanta Savannah Fort Valley Columbus Americus Duluth Gainesville Alpharetta Forest Park Atlanta Lawrenceville Forest Park Douglasville Atlanta CHECK CASHER LICENSES ISSUED APPLICANT NAME BLW Enterprises, Inc. * Chang K. Enterprises, Inc. * Chesterfield Finance of Georgia, Inc. Chu's Bay, Inc. * Dhinkar, Inc. Diamond Exchange, Inc. Dixon Financial Services First Express Corporation Huh, Daeyoung Imperial Liquor, Inc. Jong & Ine, Inc. * Parks Brothers Investment Co, Inc. Poul Enterprise, Inc. Saher Properties, Inc. Sakkar, Inc. * Time Finance, Inc. TRADE NAME Top Shelf Liquors Bottle House Chesterfield Finance Chu's Bay Fort Valley Liquor & Smoke Shop U Need A Pawn Sumter Check Cashing and Title Pawn First Express H.J. Check Cashing North Bridge Bottle Shop Parkway Bottle Shoppe Northside Beer Wine and Grocery Poul Enterprise Conoco Chevron Time Finance * =Exempt (O.C.G.A. 7-1-709) MONEY TRANSMITTER Interflorida Capital Corporation Guatemala City, Guatemala MONEY TRANSMITTER LICENSES ISSUED APPROVAL DATE 09-08-2004 Rico Credit, Inc. Winder, GA 09-30-2004 NOTICES REQUEST FOR APPROVAL OF A BANK DIVIDEND The Department recently posted an updated bank dividend approval form (19-29) on our website. Some banks are still using the prior version. We ask that all banks discard the older dividend approval form and use the current version (revised July 2004). The direct link to the new Form 19-29 is: http://www.ganet.org/dbf/pdfdoc/div_1929.pdf The form can also be accessed at www.gadbf.org, select Forms and Applications, select Bank-Related, cursor down under Department Applications/Forms to Form 19-29. APPROVAL OF INCIDENTAL POWERS Pursuant to the incidental powers provision of Georgia Code Section 7-1-261, Department Regulation Chapter 80-55, and a prior federal approval of similar activity, on September 17, 2004, the Department approved a Georgia statechartered bank to operate a printing business for its own and affiliates' use and to offer such services to other financial institutions. 7