For immediate release

The Federal Reserve Board on Friday announced the termination of the enforcement actions listed below. The Federal Reserve’s enforcement action web site, http://www.federalreserve.gov/boarddocs/enforcement, reports the terminations as they occur. Korea Exchange Bank, Seoul, Korea, and its affiliated branches and agency offices Order of Consent dated May 16, 2000 Terminated April 22, 2004 First American Bank, Elk Grove Village, Illinois Written Agreement dated September 26, 2003 Terminated February 19, 2004 First State Bank of West Manchester, West Manchester, Ohio Written Agreement dated April 25, 2003 Terminated February 18, 2004 Madison Bank, Blue Bell, Pennsylvania Written Agreement dated June 20, 2002 Terminated February 9, 2004 Midstate Bancorp, Inc., Hinton, Oklahoma Written Agreement dated March 1, 2003 Terminated December 2, 2003 Bank of Ephraim, Ephraim, Utah Written Agreement dated October 26, 2001 Terminated November 11, 2003 MSB Shares, Inc., and MidSouth Bank, Jonesboro, Arkansas Written Agreement dated February 5, 2002 Terminated October 23, 2003 Texas Coastal Bank, Pasadena, Texas Cease and Desist Order dated May 16, 1995 Terminated October 22, 2003 O.A.K. Financial Corporation and Byron Center State Bank Byron Center, Michigan Written Agreement dated October 4, 2002 Terminated October 16, 2003

2004 Enforcement actions