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News

Release

FOR FURTHER INFORMATION
CONTACT - Susan B. McCollum
314-444-8688

94-22

FOR IMMEDIATE RELEASE
St. Louis, Missouri, March 22, 1994 -- The Federal Reserve Bank of St. Louis,
acting pursuant to delegated authority for the Board of Governors of the Federal
Reserve System, today approved the application of First Banks, Inc., St. Louis,
Missouri, to acquire 100 percent of the voting shares of Farmers Bancshares,
Inc., Breese, Illinois, thereby indirectly acquiring its two subsidiary banks,
State Bank of Breese, Breese, Illinois, and Farmers State Bank of Valmeyer,
Valmeyer, Illinois.

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https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Post Office Box 442

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• St. Louis, Missouri 63166

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314/444-8444