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ANNOUNCEMENT H.2, 1989, No. 15 Actions of thjfe Board, its Staff, and BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM the Federal Reserve Banks; Applications and Reports Received During the Week Biding April 15, 1989. ACTIONS TAKEN BY THE BOARD OF GOVERNORS REGULATIONS AND POLICIES Tandem operations — request by Citicorp# New York# New York# for relief from conditions imposed on the acquisition of thrift institutions by bank holding companies. Request for comment, April 14, 1989. 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; FOMC - Federal Open Market Committee; FRBO - Federal Reserve Bank Operations; GC - General Counsel; IF - International Finance; OSDM - Office of Staff Director for Management BANK BRANCHES. DOMESTIC Philadelphia Bank of Mid - Jersey# Bordentown Township# New Jersey — to establish a branch in ManorTs Shopping Center in Lawrenceville - Pennington and Federal City Roads# Lawrence Township# New Jersey. Approved# April 13# 1989. Richmond Central Fidelity Bank# Richmond# Virginia — to establish a branch at 1282 Smithfield Plaza# Smithfield# Virginia. Approved# April 14# 1989. Cleveland Fifth Third Bank# Cincinnati# Ohio — to establish a customer bank communication terminal at 6301 Kellogg Avenue. Approved# April 11# 1989. St. Louis Sovran Bank / Memphis# Memphis# Tennessee — to establish a branch at the northwest corner of Germantown Road and West Farmington Boulevard. Approved# April 13# 1989. New York U.S. Trust Company of New York# New York — establish a branch at 111 Broadway. Approved# April 14# 1989. Cleveland — Provident Bank, Cincinnati, Ohio — branch at 11296 Montgomery Road. Approved, April 12, 1989. to to establish a H.2 APRIL 10, 1989 PAGE 2 TO APRIL 15, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Boston Bank of Boston Corporation* Boston* Massachusetts — to engage de novo in the sale of gold and silver through BancBoston Brokerage Inc.* and Colbanc Securities Ltd. Permitted* April 14* 1989. Atlanta Barnett Banks* Inc.* Jacksonville* Florida* and Barnett Merchant Services* Inc. — to engage in debt collection services nationwide through a subsidiary. Permitted* April 12* 1989. Philadelphia BT Financial Corp.* Johnstown* Pennsylvania — acquire Portage National Bank* Portage* Pennsylvania. Approved* April 14* 1989. Kansas City Citizens Dimension Bancorp* Inc.* Muskogee* Oklahoma — to acquire Charter Bancshares* Inc.* Oklahoma City* Oklahoma* and Charter National Bank. Approved* April 11* 1989. Secretary First Chicago Corporation* Chicago* Illinois* and Gary Wheaton Corporation* Wheaton* Illinois — to engage in investment advisory activities nationwide through Gary-Wheaton Investment Services* Inc. Approved* April 10* 1989. Atlanta First Commerce Bancorp* Inc.* Commerce* Georgia — to engage de novo in credit related insurance through affiliates. Permitted* April 14* 1989. San Francisco Moore Financial Group* Incorporated* Boise* Idaho — to acquire Idaho First National Bank. Approved* April 14, 1989. Atlanta Southeast Banking Corporation* Miami* Florida — to engage in mortgage lending activities nationwide through Cobb Partners Financial* Inc.* Boca Raton* Florida. Approved* April 12* 1989. to H.2 APRIL 10, 1989 PAGE 3 TO APRIL 15, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Philadelphia Susquehanna Bancshares, Inc., Lititz, Pennsylvania -■ to acquire Farmers & Merchants Bank of Hagerstown, Hagerstown, Maryland. Approved, April 13, 1989. San Francisco W.T.B Financial Corporation, Spokane, Washington — to acquire Financial Group, Inc., Coeur d ’Alene, Idaho; Northern State Bank; and Seaport Citizens , Bank, Lewiston, Idaho. Approved, April 10, 1989. BANK MERGERS Kansas City Central Bank of Oklahoma City, Oklahoma City, Oklahoma — to acquire Allied Oklahoma Bank, N.A. Approved, April 14, 1989. BANK PREMISES Chicago Davenport Bank and Trust Company, Davenport, Iowa — investment in bank premises. Approved, April 13, 1989. Chicago First State Bank, Greene, Iowa — premises. Approved, April 10, 1989. New York U.S. Trust Company of New York, New York, New York investment in bank premises. Approved, April 12, 1989. investment in bank BANKS, STATE MEMBER Staff Director BS&R European American Bank, New York, New York — prepay two issues of subordinated capital debentures. Approved, April 13, 1989. to H.2 APRIL 10, 1989 PAGE 4 TO. APRIL 15, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CAPITAL STOCK San Francisco Brighton Bancorp, Salt City, Utah shares. Approved, April 15, 1989. Kansas City Greater Metro Bank Holding Company, Aurora, Colorado — redemption of shares. Approved, April 11, 1989. redemption of CHANGE IN BANK CONTROL Kansas City FNBT Bancshares, Perry, Oklahoma — control. Permitted, April 11, 1989. change in bank New York U.S. Trust Corporation, New York, New York — in bank control. Permitted, April 12, 1989. change COMPETITIVE FACTORS REPORTS San Francisco First Security Bank of Utah, N.A., Ogden, Utah, proposed purchase of certain assets and assumption of certain liabilities of First Security Financial, Salt Lake City, Utah — report on competitive factors. Submitted, April 11, 1989. Atlanta New Citizens Bank of Valley Head, DeKalb County, Alabama, proposed purchase of certain assets and assumption of the liabilities of The Citizens Bank of Valley Head — report on competitive factors. Submitted, April 12, 1989. Atlanta New Citizens Bank of Valley Head, Valley Head, Alabama, proposed merger with The Citizens Bank of Valley Head, Ider, Alabama — report on competitive factors. Submitted, April 14, 1989. H.2 APRIL 10, 1989 PAGE 5 TO APRIL 15, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME Chicago A.B.N. - Stichting, Amsterdam, The Netherlands; Algemene Bank Nederland, N.V.; ABN / LaSalle North America, Inc., Wilmington, Delaware; and LaSalle National Corporation, Chicago, Illinois — extension to May 10, 1989, to engage de novo in credit related insurance through La Salle Insurance Company, Inc. Granted, April 14, 1989. Atlanta FBT Bancshares, Inc., Fayetteville, Georgia — extension to July 19, 1989, to acquire First Bank & Trust Company. Granted, April 12, 1989. Richmond First Virginia Bank - Colonial, Richmond, Virginia — extension to December 8, 1989, to establish a branch at the intersection of Hull Street CU. S. Route 360) and Genito Road (State Route 604), Midlothian, Virginia. Granted, April 12, 1989. Atlanta Gwinnett Bancorp, Inc., Duluth, Georgia — extension to July 17, 1989, to acquire Gwinnett National Bank. Granted, April 11, 1989. Philadelphia JTNB Bancorp, Jim Thorpe, Pennsylvania — extension to August 3, 1989, to acquire Jim Thorpe National Bank. Granted, April 12, 1989. Atlanta Sun Banks, Inc., Orlando, Florida, and SunTrust Banks, Inc., Atlanta, Georgia — extension to July 16, 1989, to acquire Peoples Bank of Lakeland, Lakeland, Florida. Granted, April 11, 1989. St. Louis Union Planters Corporation, Memphis, Tennessee — extension from May 17, 1989 to June 30, 1989, to acquire the successor by merger to Cumberland City Bank, Cumberland City, Tennessee. Granted, April 11, 1989. H.2 APRIL 10, 1989 PAGE 6 TO APRIL 15, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY INTERNATIONAL OPERATIONS New York Citibank Overseas Investment Corporation, New Castle, Delaware — to make an additional investment in Citicorp Scrimgeour Vickers Australia Limited, Melbourne, Australia. Permitted, April 14, 1989. Staff Director BS&R Manufacturers Hanover Corporation, New York, New York — to make an investment in Magellan International Nitrogen Company, Ltd., Cayman Islands. Suspended, April 13, 1989. , Cleveland Pittsburgh National Bank, Pittsburgh, Pennsylvania — to establish a branch in Hong Kong. Approved, April 11, 1989. Richmond Business Bank, Vienna, Virginia — six monthsT notice of withdrawal from membership in the Federal Reserve System. Waived, April 14, 1989. MEMBERSHIP RESERVE BANK OPERATIONS GC Federal Reserve Bank of New York — to act as fiscal agent for proposed issue of bonds by the Inter-American Development Bank. Approved, April 13, 1989. ADDITIONS AND CORRECTIONS H.2 APRIL 10, 1989 PAGE 7 TO APRIL 15, 1989 ACTIONS TAKEN BY THE BOARD OF GOVERNORS FORMS Monthly Volume of Transactions in the U.S. Foreign Exchange Market (FR 3036A, B, and C) — to initiate one-time survey. Approved, March 13, 1989. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Application Comment Period Ending Date NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Comment Period Ending Date People's Savings Financial Gorp., New Britain, Connecticut - 3(a)(1) application to became a bank holding company through the acquisition of The People's Savings Bank of New Britain, New Britain, Connecticut* Newspaper Federal Register 5-10-89 Not Yet Established SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Application Comment Period Ending Date NONE SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE ♦Subject to CRA Federal Reserve Bank of New York Comment Period Ending Date SECTION I Applications Subject to Newspaper __________ Notice Only________ Gateway State Bank, Staten Island, New York to establish a branch at 9512 Third Avenue, Brooklyn, New York.l/ 5/5/89 United Jersey Bank, Hackensack, New Jersey to establish a branch at 378 Passaic Avenue, Fairfield, New Jersey.1/ 5/7/89 SECTION II Applications Subject to Both Newspaper and Federal Register Notice National Westminster Bank PIC, London, England and NatWest Holdings Inc. and National Westminster Bancorp. Inc., both of New York, New York to acquire, and National Westminster Bancorp NJ, Jersey City, New Jersey to merge with, Ultra Bancorporation, Bridgewater, New Jersey and thereby to acquire First National Bank of Central Jersey and 33.33% of the shares of Bancorps' International Trading Corp., both of Bridgewater, New Jersey .1/ 5/11/89 3/ SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) The Bank of Nova Scotia, Toronto, Canada to engage through its subsidiary, ScotiaMcLeod (USA) Inc., in underwriting and dealing, to a limited degree, in (1) equity securities and (2) debt securities. N/A 1/ Subject to provisions of Community Reinvestment Act. 2/ Later of dates specified in newspaper and Federal Register notices. 3/ Date specified in newspaper notice; a later date may be specified in the Federal Register notice. N/A - Not Available Federal Reserve Bank of New York Ccmment Period Ending Date SBCTKff IV Applications Not Involving _______ Public Ocmnent_______ Morgan Guaranty International Finance Corporation, New York, New York to make an additional investment in Morgan Bank of Canada, Toronto. FEDERAL RESERVE BANKOF 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 Continental Bancorp, Inc., Gloucester Township Laurel Springs, New Jersey to form a Bank Holding Company by acquiring 100% stock of Continental Bank of New Jersey, Gloucester Township, Laurel Springs, NJ pursuant to Section 3(a)(1) of the Bank Holding Company Act. Newspaper: Federal Register: 5/5/89 5/5/89 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Comment Period Ending Date First Peoples Financial Corporation, Westmont, NJ to engage de novo in mortgage banking activities by acquiring 100% of First Peoples Mortgage Corporation a newly formed New Jersey business corporation pursuant to Section 4(c)(8) of the Bank Holding Company Act and Section 225.25(b)(1)(iii) of Regulation Y. 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. Applications Bulletin For Week Ending April 15, 1989 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING Received Section 3(a)(3) application on April 12, 1989 from First Financial Bancorp, Monroe, Ohio, to acquire Union Trust Company, Union City, Indiana. * N - May 10, 1989 Received Section 3(a)(1) application on April 13, 1989 from FNB, Inc., Dennison, Ohio, to acquire The First National Bank of Dennison, Dennison, Ohio. * N - May 10, 1989 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Received Section 4(c)(8) application on April 12, 1989 from The Central Bancorporation, Inc., Cincinnati, Ohio, and its parent, PNC Financial Corp, Pittsburgh, Pennsylvania, to acquire 14.035 percent of Money Station, Inc. Columbus, Ohio. Not Yet Known # Applications Bulletin For Week Ending April 15, 1989 SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Received request frcm The Bank of Coming Company, Coming, Ohio, for permission to exceed its limit of investment in bank premises permitted under Section 24A of the Federal Reserve Act.* * # N F - Subject to CRA Expected to end approximately 30 days frcm the date of receipt Newspaper Ccnment Period Federal Register Comment Period Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Allied Irish Banks pic, Dublin, Ireland, and First Maryland Bancorp, Baltimore, Maryland, to acquire certain assets of First Southern Mortgage Corporation, Annandale, Virginia. 4-22-89 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Key Centurion Bancshares, Inc., Charleston, West Virginia, for prior approval to acquire 100% of the voting shares of Guyan National Bank, Barboursville, West Virginia.* 5-12-89 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. April 17, 1989 Federal Reserve Bank of Atlanta Applications Bulletin Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Conroent Period Ending Date FirstBanc Holding Company 04-27-89 Newspaper Change in control by Peter W. Field, Charles V. Welden, Jr., and W. Edgar Welden to acquire 25,791 shares (61.73 percent) of its outstanding cannon stock. Rdbertsdale, Alabama Bankers' Bancorporation of Florida, Inc. Orlando, Florida 1-BHC formation, Independent Bankers' Bank of Florida, Orlando, Florida. Barnett Banks, Inc. Jacksonville, Florida To acquire Investors Trust Financial Corporation, Duluth, Georgia, and thereby indirectly acquire its banking subsidiary, Investors Ban}: & Trust, Duluth, Georgia. Capital City Bank Group, Inc. Tallahassee, Florida To acquire Branford State Bank, Branford, Florida Florida Westcoast Banks, Inc. Venice, Florida Change in control by Raymond E. Mason, J r . , to retain 19 percent of the outstanding shares of common stock. Mega Bank Miami, Florida Change in control by Marvin Braun, Thomas Gary, Charles Kantor and Lonnie (lion) Kantor to acquire an additional 37.7 percent. The acquisition will increase their ownership to 40.5 percent. First National Bancorp Gainesville, Georgia To merge with Pickens County Bancshares, Inc., Jasper, Georgia, and thereby acquire its subsidiary, Pickens County Bank, Jasper, Georgia. Jefferson Bancshares, Inc. 04-21-89 Louisville, Georgia Federal Register 1-BHC formation, Bank of Jefferson County, Louisville, Georgia. April 17, 1989 Federal Reserve Bank of Atlanta Applications Bulletin Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date NOrth Georgia National Bancshares, Inc. Woodstock, Georgia 1-BHC formation, North Georgia National Bank, Woodstock, Georgia (in organization). St. Landry Bancshares, Inc. 04-28-89 Opelousas, Louisiana Federal Register 1-BHC formation, St. Landry Bank and Trust Co., Opelousas, Louisiana. Smoky Mountain Bancorp, Inc. 05-01-89 Gatlinburg, Tennessee Newspaper 1-BHC formation, The First National Bank of Gatlinburg, Gatlinburg, Tennessee. Section III - Applications Subject to Federal Register Notice Only Application Conroent Period Ending Date Barnett Banks, Inc. Jacksonville, Florida To expand the activities of Barnett Merchant Services, Inc., Jacksonville, Florida, to include acting as agent for Applicant's affiliated banks on lost and stolen credit cards, pursuant to section 225.25(b) (1) of Regulation Y. Northside Bancshares, Inc. Roswell, Georgia Applicant (d/b/a Southern Bank Group, Inc., Roswell, Georgia), proposes to establish Southern Mortgage Group, Inc., Roswell, Georgia and engage de novo in mortgage lending activities, pursuant to section 225.25(b)(1)(iii) of Regulation Y. Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Comment Period Ending Date Atico Financial Corporation Miami, Florida Caimitment waiver request for a one year extension for divestiture of assets known as the Citrus Grove Property and the NCNB Building. Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Type Application Merger/ Branch Chemical Bank Bay Area N - 4-6-89 Bay City, Michigan Huron County Bank Harbor Beach, Michigan The Peoples State Bank of Caro, Michigan Caro, Michigan The Cass City State Bank Cass City, Michigan Branch at 171 North State Street, Caro, Michigan* Branch Chemical Bank Bay Area Bay City, Michigan Caro Branch, Caro, Michigan* N - 5-1-89 Branch Chemical Bank Bay Area Bay City, Michigan East Caro Road Branch, Caro, Michigan* N - 5-1-89 Branch Chemical Bank Bay Area N - 5-1-89 Bay City, Michigan Huron County Bank's Branch, Harbor Beach, Michigan* Branch Chemical Bank Bay Area N - 5-1-89 Bay City, Michigan 112 North Huron Street, Harbor Beach, Michigan* Branch Chemical Bank Bay Area Bay City, Michigan 6363 Main Street, Cass City, Michigan* N - 5-1-89 Section II - Applications Subject to Both Newspaper and Federal Register Notice Continued Type Application Y-2 Chemical Financial Corporation Midland, Michigan The Cass City State Bank Cass City, Michigan* Y-2 Chemical Financial Corporation Midland, Michigan Community Financial Corporation Harbor Beach, Michigan Huron County Bank Harbor Beach, Michigan The Peoples State Bank of Caro Caro, Michigan* Comment Period Ending Date FR - 4-3-89 N - 5-1-89 FR - 4-3-89 - 5-1-89 N Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Continued Comment Period Ending Date Type Application Y-2 B J S, Inc* West Union, Iowa Westmont Corporation West Union, Iowa The Farmers Savings Bank West Union, Iowa* FR - 4-21-89 N - 4-26-89 Y-l New Ross Bancorp New Ross, Indiana Farmers State Bank New Ross, Indiana* FR - 4-14-89 Y-l Y-l Bank of Elmwood Employee Stock Ownership Plan and Trust Racine, Wisconsin Elmwood Financial Corporation Racine, Wisconsin Bank of Elmwood, Racine, Wisconsin* First Eagle Bancshares, Inc* Roselle, Illinois First National Bank of Roselle Roselle, Illinois* N - 4-14-89 FR - 4-28-89 N - ** FR - 4-21-89 N - 4-21-89 Y-2 Lake Shore Bancorp, Inc* Chicago, Illinois Illinois Center Bancorporation, Inc. Glen Ellyn, Illinois Center Bank - Glen Ellyn Glen Ellyn, Illinois* FR - 4-21-89 N - ** CoC-HC Oswego Bancshares, Inc* Oswego, Illinois . Oswego Community Bank Employee Stock Ownership Plan FR - ** N - 4-20-89 Y-2 Readlyn Bancshares, Inc* St* Paul, Minnesota Britt Bancshares, Inc• St* Paul, Minnesota First State Bank Britt, Iowa* FR - 4-21-89 N - ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Continued Comment Period Ending Date Type Application Y-l First National Bank of Blue Island Employee Stock Ownership Trust Blue Island, Illinois Great Lakes Financial Resources, Inc. Blue Island, Illinois First National Bank of Blue Island Blue Island, Illinois Community Bank of Homewood-Flossmore Homewood, Illinois* N - 4-17-89 FR - ** CoC-HC/RoS Eastern Wisconsin Bancshares, Inc. Howards Grove, Wisconsin To redeem 1,210 shares from Robert and Yvonne Furman - CoC by Dr. Roger L. Siegert and Plymouth Veterinary Center Profit Sharing Trust, Dr. R. L. Siegert, Trustee N - ** FR - ** Y-2 Firstar Corporation Milwaukee, Wisconsin The First National Bank of Wisconsin Rapids, Wisconsin Wisconsin Rapids, Wisconsin* N - 4-13-89 FR - ** Y-l Pine Creek Bancorp, Inc. Oakland, Illinois The Oakland National Bank Oakland, Illinois* N - ** FR - ** Y-l FSB Bancorp, Inc. Breckenridge, Michigan Farmers State Bank of Breckenridge Breckenridge, Michigan* N - ** FR - ** Y-2 First Busey Corporation Urbana, Illinois St. Joseph Bancorp, Inc. St. Joseph, Illinois The State Bank of St. Joseph Saint Joseph, Illinois* N - 5-8-89 FR - ** Y-2 Michigan National Corporation Farmington Hills, Michigan First State Bank and Trust Company Port Lavaca, Texas* N - ** FR - ** Y-2 First Michigan Bank Corporation Holland, Michigan Security National Bank of Manistee Manistee, Michigan* N - ** FR - 4-21-89 Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Comment Period Ending Date Type Application Y-4 Caisse Nationale De Credit Agricole Paris, France Bertrand Michel Securities, Inc. New York, New York FR - 4-21-89 4(c)(8) Park Ridge Bancshares, Inc. Stevens Point, Wisconsin Insurance agency activities FR - 4-26-89 Section IV - Applications Not Subject to Federal Register Notice Or Newspaper Notice Type Application None NP FR * ** - Newspaper Federal Register Subject to Provisions of Community Reinvestment Act Not available at this time Federal Reserve Bank of St. Louis SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY None. SECTION II ~ APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Comment Period Ending Date * Sections 3(a)(3) and 3(a)(1) applications by Independent Southern Bancshares, Inc., Brownsville, Tennessee, and its newly formed subsidiary, MidSouth Bancshares, Inc., Millington, Tennessee, to acquire Tennessee Bank and Trust, Millington, Tennessee (Not available) SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE* OR NEWSPAPER NOTICE None. * This application is subject to CRA 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 Comment Period Ending Date Application Francis Malone Oldham, SD To acquire control of 28.60% of the voting shares of Consolidated Holding Company Oldham, SD Not yet available Kristi Erickson Kampmeyer To acquire control of 29% of the voting shares of Waseca Bancshares, Inc., Waseca, MN 4-26-89 (Federal Register) Clifford R. Jerpak and Lloyd R. Jerpak To acquire control of 97.72% of the voting shares of Crow River State Bank, Delano, MN. Not yet available Section III - Applications Subject to Federal Register Notice Only Comment Period Application Norwest Corporation, Mpls., MN; Norwest Financial Service, Inc., Des Moines, IA, and Norwest Financial, Inc., Des Moines, IA To engage in leasing presonal property and to make, acquire, and service loans of the type made by a commercial finance company through the acquisition of Financial Investment Associates, Inc., Northfield, Illinois. The activity will be conducted nationwide. Ending Date Not yet available FEDERAL RESERVE BANK OF MINNEAPOLIS Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application First Interstate of North Dakota, Inc. Fargo, ND To redeem 29. of its voting shares. 9% Federal Reserve Bank of Kansas City SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING D A T E C e n tral Ba n k of O k l a h o m a City, O k l a h o m a City, O k l a h o m a , for prior appro v a l to a c q u i r e c e r tain assets and a s s u m e th e l i a b i l i t i e s of A l l i e d O k l a h o m a Bank, N . A . , O k l a h o m a City, Ok l a h o m a . Not A p p l i c a b l e SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING DATE M i s s i o n B a n c s h a r e s , Inc., Mission, Kansas, for p r i o r approval to merge with O n e S e c u r i t y , Inc., parent of S e c u r i t y B a n k of K a n s a s City, and I n d u s t r i a l B a n c s h a r e s , Inc., parent of I n d u s t r i a l S t a t e Bank, all of K a nsas City, K a nsas; and for prior a p p r o v a l to a c q u i r e 7.19 percent of the v o t i n g s h a r e s of CNB Financial C o r p o r a t i o n , K a n s a s City, Kansas.* Not Available V a l l e y V i e w B a n c s h a r e s , Inc., O v e r l a n d Park, K a n s a s , for prior a p p r o v a l to a c q u i r e an additional 10.7 p e r c e n t of the nonvoting shares of M i s s i o n Bancshares, Inc., Mission, K a n s a s . * Not Available N o r C e n t r a l B a n c s h a r e s , Inc., Portis, K a n s a s , for prior approval to b e c o m e a b a n k h o l d i n g company t h r o u g h the a c q u i s i t i o n of 100 p e r c e n t of the v o t i n g shares of The First S t a t e Bank, Portis, K a nsas.* Not Available J. C. R o b i n s o n S e e d Co., Waterloo, Nebraska, for p r i o r approval to increase its p r o p o r t i o n a t e o w n e r s h i p i n t e r e s t in First Kansas B a n c o r p o r a t i o n , K a n s a s City, Misso u r i , b y 11 p e r c e n t to 22 percent. Not Available Jerry G. J a c k s o n , Trust, Stigler, O k l a h o m a , for p r i o r approval to a c q u i r e a 100 p e r c e n t own e r s h i p i n t e r e s t in S t i g l e r Bancorporation, Stigler, O k l a h o m a . Not Available Federal Reserve Bank of Kansas City B o b A t k i n s , W o o d w a r d , O k l a h o m a , for pr i o r a p p r o v a l to i n c r e a s e his p r o p o r t i o n a t e o w n e r s h i p i n t e r e s t in American Interstate Bancshares, Inc., W o o d w a r d , O k l a h o m a , up to 59.23 p e r c e n t ; B r y c e H o d g d e n , W o o d w a r d , O k l a h o m a , for p r i o r a p p r o v a l to i n c r e a s e his p r o p o r t i o n a t e o w n e r s h i p inter e s t up to 58.77 p e r c e n t ; and Ja c k Miller, M o o r e l a n d , O k l a h o m a , for prior a p p r o v a l to i n c r e a s e his p r o p o r t i o n a t e o w n e r s h i p inter e s t up to 59 . 3 4 pe r c e n t . Not Available S e c u r i t y B a n c s h a r e s , Inc., Scott City, K a n s a s , for prior a p p r o v a l to a c q u i r e 9 3 . 2 5 p e r c e n t of the voting s h a r e s of F a r m e r s S t a t e Bank, O a kley, K a n s a s . * April 28, 1989 W a y n e M ajor, Riverton, Wyoming, for pr i o r a p p r o v a l to i n c r e a s e his p r o p o r t i o n a t e o w n e r s h i p inter e s t in R i v e r t o n S t a t e Bank H o l d i n g C o m p a n y , R i v e r t o n , W y o m i n g , by 1.68 p e r c e n t to 12.13 per c e n t . April 20, 1989 D a l e S p r a g u e , Blue Mound, Kansas, for pr i o r a p p r o v a l to a c q u i r e 51 p e r c e n t o w n e r s h i p i n t e r e s t in K a n s a s U n l i m i t e d I n v e s t m e n t s , Inc., P l e a s a n t o n , Kansas. April 20, 1989 N e w H a m p t o n B a n c s h a r e s , Inc., A l b a n y , M i s s o u r i , for p r i o r a p p r o v a l to a c q u i r e and m e r g e w ith S e c u r i t y B a n c s h a r e s , Inc., Albany, M i s s o u r i , p a r e n t of F i r s t State Bank of N e w Hampton, N e w Hampton, Kansas.* April 20, 1989 S e c u r i t y E x c h a n g e B a n c o r p . , Inc., Duncan, O k l a h o m a , for pri o r a p p r o v a l to a c q u i r e an a d d i t i o n a l 28.96 p e r c e n t of the v o t i n g shares of A m e r i c a n N a t i o n a l Bank of D u n can, D u ncan, O k l a h o m a . * April 20, 1989 Federal Reserve Bank of Kansas City D a v i d H. K i p p e r , Denver, Colorado, for a p p r o v a l to r e t a i n his p r o p o r t i o n a t e o w n e r s h i p interest in C o l o n i a l B a n c o r p , Denver, Colorado, of 1 9 . 9 6 p e r c e n t . April 20, 1989 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE C h i c k a s h a B a n c s h a r e s , Inc., C h i c k a s h a , O k l a h o m a , for approval to e n g a g e de n o v o in selling cred i t life, d i s a b i l i t y , or i nvoluntary u n e m p l o y m e n t i n s u r a n c e through C h i c k a s h a I n s u r a n c e Agency, Inc., Chickasha, Oklahoma. Not Available S e c u r i t y B a n c s h a r e s , Inc., Scott City, K a n s a s , for prior approval to a c q u i r e 100 p e r c e n t of the v o t i n g s hares of M e d l i n I n s u r a n c e Agency, Inc., O a k l e y , K a nsas, and t h e r e b y i n d i r e c t l y e n g a g e in insurance agency activities. April 28, 1989 SECTION IV ~ APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. ♦ A p p l i c a t i o n is s u b ject to CRA. FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF APRIL 10, 1989 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 Change in Control Notice by Donald H. Anderson, Sherman, TX to acquire an interest in TransTexas Bancshares, Inc., Beaumont, TX N/A Change in Control Notice by Lowell M. Irby, Artesia, NM, to acquire an interest in Western Bancshares of New Mexico, Inc., Artesia, NM N/A Change in Control Notice by David A. Hartman, El Paso, TX, to acquire an interest in Valley Bancorp, Inc., El Paso, TX N/A Change in Control Notice by R. Ransom Gallaway, Lubbock, TX, to acquire an interest in Kenco Bancshares, Inc., Jayton, TX N/A 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 Notice by Western Bancshares of New Mexico, Inc., Artesia, NM to redeem 12,468.743 shares of its common stock * SUBJECT TO CRA. ** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY. N/A - NOT AVAILABLE AT THIS TIME. V FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 4/14/89 Section I - Applications Sub.iect to Newspaper Notice Only Application Comment Period Ending Date None Section II - Applications Sub.iect to Both Newspaper and Federal Register Notice Arthur Schwalm, Sedona, Arizona, to retain ownership of shares acquired in Verde Valley Bancorp, Cottonwood, Arizona. Newspaper: Not available Fed. Reo.: 4/26/89 Antonio Grimalda, Cottonwood, Arizona, to retain ownership of shares acquired in Verde Valley Bancorp, Cottonwood, Arizona. Newspaper: Not available Fed. Rea.: 4/26/89 North County Bank Employee Stock Ownership Trust, Escondido, California, to acquire additional shares of North County Bancorp, Escondido, California, resulting in an increase from 6.8 to 16.2 percent of shares. Newspaper: 4/26/89 Fed. Rea.: 5/01/89 Section III - Applications Subject to Federal Register Notice Only None Section IV - Applications Not Sub.iect to Federal Register Notice or Newspaper Notice None * Subject to CRA.