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FDIC MAKES PUBLIC SEPTEMBER ENFORCEMENT ACTIONS;
ONE ADMINISTRATIVE HEARING SCHEDULED

FOR IMMEDIATE RELEASE
PR-114-2002 (10-30-2002)
Media Contact:
Frank Gresock (202) 898-6634

The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in September. One administrative hearing is scheduled for November.

The FDIC processed a total of 10 orders in September. These included three cease-and-desist orders, one removal and prohibition order, four civil money penalty orders, and two terminations of cease-and-desist orders.

Copies of the orders referred to above can be obtained from or inspected at the FDIC's Public Information Center, 801 17th Street, N.W., Room 100, Washington, D.C. (telephone (703) 562-2200 or 800-276-6003). The orders will also be made available on-line within a week of the issuance of this news release. To view the orders on-line, visit the FDIC's Web page at http://www.fdic.gov/bank/individual/enforcement/index.html. A list of orders made public today follows.

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FINAL ORDERS ISSUED PURSUANT TO SECTION 8(b), 12 U.S.C.§ 1818(b)
(Cease-and-Desist)

Frontier State Bank, Show Low, AZ; FDIC-02-081b; Issued 9/19/02

Brickyard Bank, Lincolnwood, IL; FDIC-02-103b; Issued 9/9/02

Raritan State Bank, Raritan, IL; FDIC-02-090b; Issued 9/27/02

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(e), 12 U.S.C. § 1818(e)
(Removal and Prohibition Orders)

Rockwood Bank, Eureka, MO; FDIC-01-164e; against Teresa D. Syron; Issued 9/12/02

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(i), 12 U.S.C. § 1818(i)
(Civil Money Penalties)

The United Banking Company Bank, Nashville, GA; FDIC-02-042k; Order to Pay Civil Money Penalty in the amount of $800; Issued 9/6/02

The First State Bank of Pineville, Pineville, KY; FDIC-02-068k; Order to Pay Civil Money Penalty in the amount of $1,000; Issued 9/11/02

Rockwood Bank, Eureka, MO; FDIC-02-034k; Order of Pay Civil Money Penalty against Teresa D. Syron in the amount of $1,000; Issued 9/12/02

Southwest Bank of St. Louis, St. Louis, MO; FDIC-02-072k; Order to Pay Civil Money Penalty in the amount of $10,000; Issued 9/6/02

TERMINATIONS OF CEASE-AND-DESIST ORDERS

Citizens State Bank of Clara City, Clara City, MN; FDIC-00-127b; Issued 9/30/02

First Bank of Lincoln, Lincoln, MT; FDIC-02-029b; Issued 9/24/02

ADMINISTRATIVE HEARINGS SCHEDULED FOR NOVEMBER 2002

First State Bank, Crossett, AR; FDIC-02-069b; Section 8(b) Proceeding

Date:   November 4, 2002
Location:   Little Rock, AR
FDIC contact:   Michael R. Swan, Senior Attorney, Memphis Area Office

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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 9,480 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars-insured financial institutions fund its operations.

FDIC press releases and other information are available on the Internet at www.fdic.gov or through the FDIC's Public Information Center (800-276-6003 or (703) 562-2200).

Last Updated 10/30/2002 communications@fdic.gov