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R E S a n C H U3HARY H.2, 1991, No. 15 A c t i o n s of the Board, its Staff, and B O A R D OF G O V E R N O R S , n • sni the Federal R e s e r v e Banks; OF T H E ^ pk 13 3 41 i'1* A p p l i c a t i o n s and R e p o r t s R e c eived FEDERAL RESERVE SYSTEM 1 D u r i n g , t h e W e e k E n d i n g A p r i l 13, 1991 ANNOUNCEMENT r \ ur >-•—* *■*'■1‘^ ACTIONS TAKEN BY THE BOARD OF GOVERNORS TESTIMONY AND STATEMENTS Potential impact on consumers of H.R. 1505, the proposed Financial Institutions Safety and Consumer Choice Act of 1991 - statement by Governor LaWare before the Subcommittee on Consumer Affairs and Coinage of the House Committee on Banking, Finance and Urban Affairs on April 10, 1991. Authorized, April 8, 1991. BANK HOLDING COMPANIES Fuji Bank, Limited, Tokyo, Japan — to engage de novo in leasing activities through Heller Financial, Inc., Chicago, Illinois. Permitted, April 10, 1991. FORMS Domestic Finance Company Report of Consolidated Assets and Liabilities CFR 2248) — extension. Proposed, April 8, 1991. Monthly Survey of Debits to Demand and Savings Deposit Accounts (FR 2573) — extension. Proposed, April 8, 1991. Quarterly Report of Condition for a New York State Investment Company and its Domestic Subsidiaries — extension. Proposed, April 8, 1991. Report of Assets of Money Market Mutual Funds (FR 2051a, b, c, and d) — extension. Proposed, April 8, 1991. H. 2 APRIL 8, 1991 PAGE 2 TO APRIL 12, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and Community Affairs; FQMC - Federal Open Market Committee; FRBO - Federal Reserve Bank Operations; IF - International Finance; OSDM - Office of Staff Director for Management BANK BRANCHES, DOMESTIC Chicago Bankers Trust Company, Des Moines, Iowa — to establish an automated teller machine at Kum-N-Go, 50th and Pleasant, West Des Moines, Iowa. Approved, April 9, 1991. New York Central Trust Company, Rochester, New York — to establish branches at the terminals of Armored Motor Service of America, Inc., 1525 Scottsville Road, Chili, New York, and 6605 Joy Road, Dewitt, New York. Approved, April 11, 1991. Chicago Midwest Guaranty Bank, Troy, Michigan — to establish a branch at 33897 Five Mile Road, Livonia, and 32800 Southfield Road, Beverly Hills, Michigan. Approved, April 9, 1991. New York Peapack - Gladstone Bank, Gladstone, New Jersey — establish a branch at 219 Main Street. Approved, April 12, 1991. Cleveland Society Bank & Trust, Toledo, Ohio — to establish a customer bank communication terminal at Findlay Mall, 1800 Tiffin-Findlay Road, Findlay, Ohio. Approved, April 8, 1991. to BANK HOLDING COMPANIES San Francisco A.B.C. Bancorporation, Inc., Tucson, Arizona — to acquire Arizona Bank of Commerce, Tucson, Arizona. Approved, April 10, 1991. Chicago Amcore Financial, Inc., Rockford, Illinois — to acquire River Valley Savings Bank, Rock Falls, Illinois. Approved, April 12, 1991. Kansas City BancFirst, Oklahoma City, Oklahoma — dividend. Approved, April 12, 1991. payment of a H .2 APRIL 8, 1991 PAGE 3 TO APRIL 12, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Kansas City Bancshares of Jackson Hole, Inc., Jackson, Wyoming — to acquire Jackson Hole Bancshares Corp., and Bank of Jackson Hole. Approved, April 10, 1991. New York Bankers International Corporation, New York, New York — to continue to hold shares of BT Asia Securities Limited, Hong Kong, after BT Asia engages in futures commission merchant activities in Euroyen and Eurodollar futures contracts on the Tokyo International Financial Futures Exchange, and the Tokyo stock price index futures contract on the Tokyo Stock Exchange. Granted, April 10, 1991. Chicago Caisse Nationale de Credit Agricole S.A., Paris, France — to engage in executing and clearing trades in certain financial instruments and in offering investment advice through Credit Agricole Futures, Inc., Chicago, Illinois. Returned, April 9, 1991. Chicago First Michigan Bank Corporation, Holland, Michigan — to acquire Northwestern Bank Corporation, East Michigan, and Northwestern State Bank. Approved, April 11, 1991. S t . Louis First Staunton Bancshares, Inc., Staunton, Illinois - to acquire the successor by merger to the First National Bank of Staunton. Approved, April 9, 1991. New York HUBCO, Inc., Union City, New Jersey — to acquire Meadowlands National Bank, North Bergen, New Jersey. Approved, April 12, 1991. H .2 APRIL 8, 1991 PAGE 4 TO APRIL 12, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago Illinois State Bancorp, Inc., Chicago, Illinois — to acquire First National Bank of Wheaton, Wheaton, Illinois. Approved, April 12, 1991 . San Francisco Redwood Empire Bancorp, Santa Rosa, California — engage in data processing activities through Redwood Empire Datacorp. Returned, April 8, 1991. Cleveland Star Banc Corporation, Newport, Kentucky — to acquire Star Bank, Northern Kentucky, Covington, Kentucky. Approved, April 9, 1991. Atlanta TAG Bancshares, Inc., Trenton, Georgia — to acquire Citizens Bank & Trust, Inc., Trenton, Georgia. Approved, April 10, 1991. to BANK MERGERS San Francisco Caliber Bank, Phoenix, Arizona — to merge with the Phoenix and Mesa, Arizona, branches of Arizona Commerce Bank, Tucson, Arizona. Approved, April 10, 1991. Cleveland Star Bank, Northern Kentucky, Covington, Kentucky — to merge with Star Bank, N.A., Campbell County, Newport, Kentucky. Approved, April 9, 1991. BANK PREMISES New York Peapack - Gladstone Bank, Gladstone, New Jersey — investment in bank premises. Approved, April 12, 1991. H .2 APRIL 8, 1991 PAGE 5 TO APRIL 12, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANKS, STATE MEMBER Staff Director BS&R Citizens Trust Bank, Atlanta, Georgia — statement. Withdrawn, April 8, 1991. registration CAPITAL STOCK Atlanta Gwinnett Financial Corporation, Lawrenceville, Georgia — redemption of shares. Approved, April 12, 1991. CHANGE IN BANK CONTROL Atlanta American Bancorp, Inc., Opelousas, Louisiana -change in bank control. Permitted, April 12, 1991. Chicago Benton Financial Corporation, Fowler, Indiana — change in bank control. Permitted, April 9, 1991. Kansas City Industrial Bancshares, Inc., Kansas City, Kansas — change in bank control. Permitted, April 12, 1991. Kansas City International Bancshares, Inc., Kansas City, Missouri — change in bank control. Permitted, April 12, 1991. Kansas City MBI Bancshares, Inc., Kansas City, Missouri — in bank control. Permitted, April 12, 1991. Kansas City Metro Bancshares, Inc., Kansas City, Missouri — change in bank control. Permitted, April 12, 1991. Kansas City Mission Bancshares, Inc., Mission, Kansas — in bank control. Permitted, April 12, 1991. Kansas City One Security Bank, Kansas City, Kansas — bank control. Permitted, April 12, 1991. change change change in H.2 APRIL 8, 1991 PAGE 6 TO APRIL 12, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CHANGE IN BANK CONTROL S t . Louis Peoples Bancorp, Inc., of Bullitt County, Shepherdsville, Kentucky — change in bank control. Permitted, April 12, 1991. Kansas City Valley View Bancshares, Inc., Overland Park, Kansas - change in bank control. Permitted, April 12, 1991. COMPETITIVE FACTORS REPORTS Atlanta Bank of East Tennessee, Knoxville, Tennessee, proposed acquisition of the assets and assumption of deposit liabilities of the Greenback, Tennessee, branch of First American National Bank, Nashville, Tennessee — report on competitive factors. Submitted, April 10, 1991. St. Louis Bank of Louisiana, Louisiana, Missouri, proposed merger with the Louisiana, Missouri, branch of BoatmenTs Bank of St. Louis, St. Louis, Missouri — report on competitive factors. Submitted, April 10, 1991. Cleveland Bank of Wheeling, Wheeling, West Virginia, proposed merger with The Sunshine Interim Bank — report on competitive factors. Submitted, April 11, 1991. Philadelphia Central Pennsylvania Savings Association, Shamokin, Pennsylvania, proposed purchase of assets and assumption of the liabilities of Atlantic Financial Savings, F.A., Bala-Cynwyd, Pennsylvania — report on competitive factors. Submitted, April 12, 1991. Atlanta Century South Banks, Inc., Dahlonega, Georgia, proposed acquisition of Century Processing, Inc. — report on competitive factors. Submitted, April 8, 1991. Atlanta Citizens Bank and Trust of West Georgia, Carrollton, Georgia, proposed merger with Carroll National Bank — report on competitive factors. Submitted, April 8, 1991. H .2 APRIL 8, 1991 PAGE 7 TO APRIL 12, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS S t . Louis Commerce Bank of St. Louis, National Association, Clayton, Missouri, proposed merger with Commerce Bank of St. Charles County, National Association, St. Peters, Missouri -- report on competitive factors. Submitted, April 11, 1991. Richmond First Empire Federal Savings and Loan Association, Charleston, West Virginia, proposed merger with First Federal Savings and Loan Association of Morgantown, West Virginia — report on competitive factors. Submitted, April 10, 1991. Kansas City First National Bank of Medicine Lodge, Medicine Lodge, Kansas, proposed merger with The Isabel State Bank, Isabel, Kansas -- report on competitive factors. Submitted, April 10, 1991. Richmond Frederick County National Bank, Frederick, Maryland, proposed purchase of the assets and assumption of the liabilities of FCNB Federal Savings Bank — report on competitive factors. Submitted, April 10, 1991. Richmond Madison Bank of Maryland, Silver Spring, Maryland, proposed merger with Madison National Bank, Washington, D.C. — report on competitive factors. Submitted, April 9, 1991. Chicago M&I Bank of Madison, Madison, Wisconsin, proposed merger with M&I Bank of Hilldale — report on competitive factors. Submitted, April 8, 1991. Cleveland Security National Bank and Trust Co., Springfield, Ohio, proposed purchase of certain assets and assumption of certain liabilities of the South Charleston, Ohio, branch of Society Bank, National Association, Dayton, Ohio — report on competitive factors. Submitted, April 9, 1991. H .2 APRIL 8, 1991 PAGE 8 TO APRIL 12, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Secretary Security Pacrfic National Bank, Los Angeles, California, proposed merger with the Miami, Florida, branch of Security Pacific International Bank, New York, New York — report on competitive factors. Submitted, April 12, 1991. San Francisco Washington Mutual Savings Bank, Seattle, Washington, proposed acquisition of VanFed Bancorp, Vancouver, Washington -- report on competitive factors. Submitted, April 8, 1991. Chicago Woodford County Bank, El Paso, Illinois; proposed acquisition of certain assets and assumption of liabilities to pay deposits made in Citizens Savings Bank, F.S.B., Normal, Illinois — report on competitive factors. Submitted, April 8, 1991. Chicago Woodford County Bank, El Paso, Illinois — proposed acquisition of the El Paso, Illinois, branch of Citizens Savings Bank, FSB, Normal, Illinois — report on competitive factors. Submitted, April 8, 1991. EXTENSIONS OF TIME Chicago ANB Corporation, Muncie, Indiana — extension to April 15, 1991, to acquire Muncie Federal Savings Bank, and Service Management Corporation. Granted, April 10, 1991. St. Louis Breckenridge Bancshares Company, St. Ann, Missouri — extension to May 31, 1991, to acquire the successor by merger to The Centennial Bank. Granted, April 9, 1991. San Francisco First Interstate Bancorp, Los Angeles, California — extensions to divest certain properties. Granted, April 8, 1991. H .2 APRIL 8, 1991 PAGE 9 TO APRIL 12, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME Kansas City FirsTier Financial, Inc., Omaha, Nebraska — extension to May 9, 1991, to acquire Guaranty Corporation, Denver, Colorado, and Guaranty Bank & Trust Co. Granted, April 9, 1991. Chicago Marshall & Ilsley Corporation,Milwaukee, Wisconsin — extension to July 12, 1991, to acquire the data processing activities of Provident Bank of Maryland, Baltimore, Maryland. Granted, April 8, 1991. San Francisco Security Pacific Corporation, Los Angeles, California — extension to divestcertain property. Granted, April 9, 1991. San Francisco Valley National Corporation, Phoenix, Arizona — extension to divest certain property. Granted, April 8, 1991. San Francisco Wells Fargo & Company, San Francisco, California — extension to divest certain property. Granted, April 8, 1991. INTERNATIONAL OPERATIONS Staff Director BS&R Chase Manhattan Overseas Banking Corporation, Wilmington, Delaware — to invest in Ponderosa Industrial, S.A. de C.V., Chihauhau, Mexico. Permitted, April 12, 1991. Chicago Bank of Aledo, Aledo, Illinois — of the Federal Reserve System. Approved, April 12, 1991. MEMBERSHIP to become a member H.2 APRIL 8, 1991 PAGE 10 TO APRIL 12, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY RESERVE BANK OPERATIONS Director, FRBO Federal Reserve Bank of Atlanta — computer equipment. Approved, April 8, 1991. Director, FRBO Federal Reserve Bank of Richmond — storage equipment. Approved, April 10, 1991. to purchase to purchase disk H.2 APRIL 8, 1991 PAGE 11 ADDITIONS AND CORRECTIONS TO APRIL 12, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME Minneapolis Ellsworth Bancshares, Inc., Ellsworth, Minnesota — extension to July 9, 1991, to acquire Ellsworth State Bank. Granted, April 5, 1991. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS SECTION I - APPLICATIONS SUBJECT NEWSPAPER NOTICE ONLY Application Comment TO Period Ending Date NONE S E C T I O N II - A P P L I C A T I O N S S U B J E C T T O B O T H NEWSPAPER AND FEDERAL REGISTER NOTICE Comment Application Period Ending Date NONE S E C T I O N III ~ A P P L I C A T I O N S S U B J E C T FEDERAL REGISTER NOTICE ONLY Application Comment TO Period Ending NONE SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE SECTION V - AVAILABILITY OF NONE ♦Subject to CRA CRA PUBLIC EVALUATIONS Date Federal Reserve Bank of New York Comment Period Ending Date SECTION I Applications Subject to Newspaper _____________ Notice Only__________ Manufacturers and Traders Trust Company, Buffalo, N ew York to relocate a branch from 995 Broadway Avenue to 999 Broadway Avenue, Buffalo, N e w York. 1/ Manufacturers and Traders Trust Company, Buffalo, N ew Yor k t o relocate a branch office from 1455 French Road, Depew, Ne w York to 4747 Transit Road, Lancaster, N e w York.l/ 5/8/91 5/8/91 SECTION II Applications Subject to Both Newspaper and Federal Register Notice None. SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) None. SECTION IV Applications Not Involving ______ Public Comment______ None. Availability of CRA Pi±>lic Evaluations April 7. 1991 through April 13. 1991 NAME O F BANK EXAMINATION DATE None. 1/ 2/ 3/ Subject t o provisions of Community Reinvestment Act. Later of dates specified in newspaper and Federal Register notices. Date specified in newspaper notice; a later date m a y b e specified in the Federal Register notice. N / A - Not Available 4/ Date specified in Federal Register notice; a later date may be specified in the newspaper notice. FEDERAL RESERVE BANK OF PHILADELPHIA SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Comment Period Ending Date Univest Corporation of Pennsylvania, Souderton, 1/ PA to acquire 100% of the voting shares of Pennview Savings Bank, Souderton, PA, pursuant to Section 3(a)(3) of the Bank Holding Company Act. 5/2/91 4/30/91 Newspaper: Federal Register: SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Comment Period Ending Date Dauphin Deposit Corporation, Harrisburg, PA to acquire 100% of Hopper Soliday & Co., Inc., Philadelphia, PA, pursuant to Section 4(c)(8) of the Bank Holding Company Act. N/A* SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE None. 1 * / Subject to provisions of Community Reinvestment Act. N/A - not yet available. SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS For week endincr 4/12/91 Institutions Bank of Delaware Valley Fairless Hills, PA Examination Date 12/10/90 Federal Reserve Bank of Cleveland Applications Bulletin For Week Ending April 13, 1991 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY NON E SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE NON E SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY NON E SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE NON E * # N F - Su b j e c t to CR A E x p e c t e d to end a p p r o x i m a t e l y 30 days from the d a t e of rece i p t N e w s p a p e r C o m m e n t Pe r i o d Federal R e g i s t e r C o m m e n t Period Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application Signet Bank/Maryland, Baltimore, Maryland, for permission to establish a branch facility at 725 Mount Wilson Lane, Pikesville, Maryland.* 4-22-91 Signet Bank/Maryland, Baltimore, Maryland, for permission to establish an Electronic Funds Transfer Facility at 220 Cypress Street, Salisbury, Maryland.* 4-22-91 Signet Bank/Maryland, Baltimore, Maryland, for permission to establish an Electronic Funds Transfer Facility at 2300 North Salisbury Boulevard, Salisbury, Maryland.* 4-22-91 Virginia Community Bank, Louisa, Virginia, for permission to establish a branch at 185 Madison Road, Orange, Virginia.* 4-27-91 New East Bank of Goldsboro, Goldsboro, North Carolina, for membership in the Federal Reserve System.* 5-1-91 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date None. Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date None. Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None. *Application is subject to CRA. Federal Reserve Bank of Richmond Availability of CRA Public Evaluations Week ending April 12, 1991 Examination Date____ Bank of Lancaster, Kilmarnock, Virginia The Forest Hill State Bank, Bel Air, Maryland 1-7-91 1-14-91 F e d e r a l R e s e r v e B a n k of A t l a n t a A p p l i c a t i o n s B u l l e t i n for W e e k E n d i n g A p r i l 12, 1991 Section 1 - Applications Subject to Newsp a p e r N o t i c e O nly A p p lication Comment P e r i o d E n d i n g Date Bank of Alabama Fultondale, Alabama To establish a branch office to be known as Bank of Alabama - Mountain Brook office located at 2801 Cahaba Road, Birmingham, Alabama. Not y e t a v ailable Sovran Bank/Tennessee Nashville, Tennessee To establish a full-service ATM inside the m a i n lobby of The J ohnson City Medical Center Hospital to be known as Jo h n s o n City Medical Center ATM, 400 State of Franklin Road, Johnson City, Tennessee. 04-11-91 Trust Company Bank Atlanta, Georgia To establish a bran c h office at Cantebury Court retirement facility located at 3750 Peachtree Road, N.E., Atlanta, Georgia. 04-26-91 Section 2 - Applications Subject To Both Newsp a p e r and Federal Register No t i c e Appl i c a t i o n GSB Investments, Inc. Gainesville, Florida Change in control by Samual Clark Butler to acquire an additional 2.17 p e rcent of the outstanding shares of common stock. The acquisition will increase his total ownership to 15.89 percent. Comment P e riod E n ding Date N o t yet available Gulf Bank N o t yet available Miami, Florida Change in control by Fidel Egas and J u a n Esteban Boria to acquire 53 percent of the outstanding shares of preferred stock. Gold Coast Bankshares, Inc. Hypoluxo, Florida Change in control by Kenneth A. Jewell N o t yet available and R o b e r t J. Whitaker, each to acquire an ad d i t i o n a l 4.50 percent of the outstanding shares of comm o n stock. The acquisition will i n crease their combined ownership to 50.29 percent. Four C o u n t y Bancshares, Inc. Not yet available Allentown, Georgia To ac q u i r e Peoples State Bank, Jeffersonville, Georgia. Section 3 - Applications Subject to Federal Register Notice Only Application Comment Period Ending D a t e C entury So u t h Banks, Inc. D a h l o n e g a , Georgia To e n g a g e de novo in data processing a c t i vities t hrough its wholly-owned subsidiary, Century Processing, Inc., Dahlonega, Georgia, pursuant to Section 2 2 5 . 2 5 ( b ) (7) of Regulation Y. 04-30-91 Section 4 - Applications Not Subject to Federal Register Notice or Newsp a p e r Notice Application None. S e c t i o n 10 - Availability of CRA Public Evaluations Bank None. Examination Date Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Garment Period Ending Date Application Type Branch Fanners State Bank of Western Illinois New Windsor, Illinois 320 N. Division Street Woodhull, Illinois* N - 5-1-91 Branch Community State Bank Avilla, Indiana 506 East North Street Kendallville, Indiana* N - 4-26-91 Membership Blocmingdale Bank and Trust N - 4-30-91 Blooningdale, Illinois (in organization) To become a member of the Federal Reserve System* Merger/ Branch Farmers State Bank of Western Illinois New Windsor, Illinois Bank of Alexis Alexis, Illinois Branch at Alexis location* N - ** EFT Bank of Lenawee Adrian, Michigan C o m e r of U.S. 223 West and South Main Street Adrian, Michigan* N - 4-21-91 Section II - Applications Subject to Both Newspaper and Federal Reaistar Notice Comment Period Ending Date Type Application Y-2 Prairie Bancorp Manlius, Illinois Bank of Ladd Ladd, Illinois* FR - 4-15-91 N - 3-12-91 CoC-HC Williamsburg Holding Company Omaha, Nebraska Michael T. and Susan B. Dobel FR - 4-29-91 N - 4-29-91 Y-l Westchester Financial Corporation Naperville, Illinois First Bank of Channahon (in organization) Channahon, Illinois* F R - 3-15-91 NP - 2-28-91 Y-2 First Decatur Bancshares, Inc. Decatur, Illinois First National Bank of Mt. Zion Mt. Zion, Illinois* FR - ** n - 5-3-91 Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Reqistar Notice Only Canment Period Enriino Date Application 4(c)(8) First of America Bank Corporation Kalamazoo, Michigan First of America Ccmnunity Development Corporation Kalamazoo, Michigan FR - ** Section IV - Applications Not Subject to Federal Register or Newspaper Notice Type Application None N IR * ** - Newspaper Federal Register Subject to Provisions of Ccmnunity Reinvestment Act Not available at this time AVATTARTT.TTY OF CRA PUBLIC EVALUATIONS The following institutions were examined for CRA. The 30-business day period the bank has to make the evaluation public has lapsed during the week ending April 12, 1991. BANK NAME/IflCAlTON NONE EXAMINATION DATE Federal Reserve Bank of St. Louis FOR THE WEEK ENDING APRIL 12, 1991 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE Application End of Comment Period None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE * * Application End of Comment Period Section 3(a)(1) application by Citizens Financial Corporation Employee Stock Ownership Plan, Belzoni, Mississippi to acquire Citizens Financial Corporation, Belzoni, Mississippi Not yet available Section 3(a)(3) application by CNB Bancshares, Inc., Evansville, Indiana to acquire JSB Bancorp, Jasper, Indiana Not yet available Change in control notification involving First Highland Corp., Highland, Illinois by Mary Kathryn Drake Not yet available SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application End of Comment Period Section 4(c)(8) notification by Citizens Financial Corporation Employee Stock Ownership Plan, Belzoni, Mississippi to engage in making and servicing loans Not yet available SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Application End of Comment Period None.* * This application is subject to CRA. Federal Reserve Bank of St. Louis FOR THE VEER ENDING APRIL 12, 1991 AVAILABILITY OF CRA PUBLIC DISCLOSURES Bank Name City and State Examination Date Citizens Bank of Lavaca Lavaca, Arkansas 1-14-91 State Bank of Breese Breese, Illinois 1-14-91 FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application None. Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Siouxland Bank Holding Company Sioux Falls, SD To acquire Dakota Bankshares, Inc., Fargo, ND, a multibank holding company owning the First Bank in Drake, Drake, ND; Dakota Bank & Trust Co. of Fargo, Fargo, ND; and First National Bank of Hettinger, Hettinger, ND* 5-3-91 (Newspaper) Gale M. Hoese To increase his percentage of control from 21.89% to 32.84% of the voting shares of Security Bancshares Co., Glencoe, MN Not yet available Charles Refling, Paul Refling and Mark Refling To increase their ownership interests from 21.37%, 17.67%, and 17.67%, respectively, to 37.69%, 31.16%, and 31.16%, respectively, of the voting shares of First Bottineau, Inc., Bottineau, ND Not yet available *Subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application Commercial Banshares, Inc. Mitchell, SD To acquire Spectrum Life Insurance Company, Mitchell, SD 5-6-91 Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application First Bottineau, Inc. Bottineau, ND To redeem 43.3% of its voting shares. FEDERAL RESERVE BANK OF MINNEAPOLIS Section V - Availability of CRA Public Evaluations week ending April 12, 1991 Bank Name City/State Examination Date Security Bank Minnesota Albert Lea, MN 1/7/91 First United Bank Sidney, MT 1/15/91 Lake County Bank St. Ignatius, MT 1/21/91 Federal Reserve Bank o f Kansas City SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION COMMENT PERIOD ENDI N G DATE None. SECTION I I - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDI N G DATE FEO Investments, Inc., Hoskins, Nebraska, for prior approval to become a bank holding company through the acquisition of 82.9 percent of the voting shares of Commercial State Bank, Hoskins, Nebraska.* April 22, 1991 Orchard Bancorp., Orchard, Nebraska, for prior approval to become a bank holding company through the acquisition of 80 percent of the voting shares of Bank of Orchard, Orchard, Nebraska.* April 22, 1991 Otoe County Bancorporation, Inc., Lincoln, Nebraska, for prior approval to become a bank holding company through the acquisition of 100 percent of the voting shares of Otoe County Bank & Trust Company, Nebraska City, Nebraska.* April 29, 1991 Dennis Monaghan, Omaha, Nebraska, for prior approval to increase his voting control of Ashland Bancshares, Inc., Ashland, Nebraska, by 55.3 percent to 67 percent. April 22, 1991 Charles R. Clatterbuck, Bellevue, Nebraska, for prior approval to increase his proportionate ownership interest in Crown Bancshares, Inc., Bellevue, Nebraska, by 24.1 percent to 41.3 percent. April 29, 1991 Craig Reeves, Clayton, New Mexico, for prior approval to increase his proportionate ownership interest in Los Hacendados, Inc., Clayton, New Mexico, by 16.98 percent to 26.19 percent. April 29, 1991 Federal Reserve Bank of Kansas City W i l l i a m D. a n d J e a n e t t e A. W h i t e d , M a r y v i l l e , M i s s o u r i , a n d D o n a l d P. and B o n n i e W h i t e d , Tarkio, Missouri, as a g r o u p , to a c q u i r e 74 . 9 p e r c e n t of t h e v o t i n g s h a r e s of N o r t h w e s t M i s s o u r i B a n c s h a r e s , Inc., C r aig, Missouri. April 29, 1991 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE O NLY APPLICATION COMMENT PERIOD ENDING DATE None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. S ECTION X - AVAILABILITY OF CRA PUBLIC EVALUATIONS * BANK/LOCATION Union Bank State of Commerce, *Application Bank, is EXAMINATION C l a y Center, Wetumka, subject Kansas Oklahoma to C R A DATE January 22, 1991 January 22, 1991 FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF APRIL 8, 1991 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP None. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS FOR THE WEEK OF APRIL 8, 1991 Name of Bank City & State Date of Examination None. * SUBJECT TO CRA. ** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY N/A - NOT AVAILABLE AT THIS TIME. FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 4/12/91 Section I - Applications Subject to Newspaper Notice Only A d p I ication Comment Period Ending Date Verdugo Banking Company (In Organization), Glendale, California, to become a member of the Federal Reserve System. * Newspaper: 5/01/91 Section II - Applications Subject to Both Newspaper and Federal Register Notice Giant Bay Resources, Ltd., Vancouver, British Columbia, Canada, to acquire 19.62 percent of American Pacific Bank of Aumsville, Aumsville, Oregon. Newspaper: 3/26/91 Fed. Rea.: 4/23/91 Desert Southwest Community Bancorp, Las Vegas, Nevada, to become a bank holding company by acquring Nevada Community Bank, Las Vegas, Nevada. * Newspaper: 4/30/91 Fed. Rea.: 4/29/91 BOL Bancorp, Livermore, California, to become a bank holding company by acquiring Bank of Livermore, Livermore, California. * Newspaper: 4/24/91 Fed. Rea.: 4/30/91 Ventura County National Bancorp 401(K) ESOP, Oxnard, California, to increase ownership from 10.18 to an estimated 12.88 percent of Ventura County National Bancorp, Oxnard, California. Newspaper: 4/24/91 Fed. Rea.: 5/08/91 Section III - Applications Subject to Federal Register Notice Only None Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice None FEDERAL RESERVE BANK OF SAN FRANCISCO ( c o n t 'd . ) Week ending 4/12/91 Section V - Availability of CRA Public Evaluations * Information about a particular institution's CRA evaluation may be obtained directly from the institution. Institution Location The Vintage Bank Napa, California * Subject to CRA Examination Date 12/17/90