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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1993, No. 16
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending April 17, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
Westamerica Bancorporation, San Rafael, California
request for reconsideration of BoardTs approval of
application to merge with Napa Valley Bancorp,
Napa, California.
Denied, April 12, 1993.

ENFORCEMENT
Pacific Inland Bancorp, Anaheim, California, and
Pacific Inland Bank — cease and desist order.
Announced, April 16, 1993.
REGULATIONS AND POLICIES




Regulations H and Y — to adopt as final the interim
rule concerning treatment of presold 1 to A family
residential construction loans to implement
section 618(a) of the Resolution Trust Corporation
Refinancing, Restructuring, and Improvement Act of
1991.
Approved, April 13, 1993.

H.2
APRIL 12, 1993
PAGE 2

TO

APRIL 16, 1993

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; IF - International Finance; OSDM - Office of Staff Director
for Management
BANK BRANCHES. DOMESTIC

*''
»•

Richmond

Hanover Bank, Mechanicsville, Virginia — to
establish a branch at 8001 West Broad Street,
Richmond, Virginia.
Approved, April 12, 1993.

Chicago

Isabella Bank and Trust, Mount Pleasant, Michigan —
to establish a branch at 532 North McEwan Street,
Clare, Michigan.
Returned, April 13, 1993.

Minneapolis

Marquette Capital Bank, Minneapolis, Minnesota —
establish a de novo branch in Minneapolis.
Approved, April 14, 1993.

Minneapolis

Peninsula Bank, Ishpeming, Michigan —
de novo branch at 900 U.S. 41 West.
Approved, April 12, 1993.

Minneapolis

Western Bank, Sioux Falls, South Dakota — to
establish a de novo branch at 420 South Sycamore
Avenue.
Approved, April 16, 1993.

to

to establish a

ANK HOLDING COMPANIES




Chicago

Citizens National Bancorp, Inc., Darlington,
Wisconsin, proposed purchase of certain assets and
assumption of the liabilities of the Darlington,
Wisconsin, branch of Anchor Bank SSB, Madison,
Wisconsin.
Approved, April 12, 1993.

Cleveland

Community Independent Bancorp, Inc., Maysville,
Kentucky — to acquire Bank of MayTs Lick, MayTs
Lick, Kentucky.
Approved, April 15, 1993.

Kansas City

Davis BanCorporation, Inc., Davis, Oklahoma —
acquire First Davis Bancorporation, Inc.
Approved, April 16, 1993.

to

H.2
APRIL 12, 1993
PAGE 3

TO

APRIL 16, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Chicago

First Neighborhood Bancshares, Inc., Toledo,
Illinois, proposed merger of Newman Bancshares,
Inc., Newman, Illinois, and First State Bank of
Newman.
Approved, April 16, 1993.

Kansas City

International Brotherhood of Boilmakers, Iron Ship
Builders, Blacksmiths, Forgers & Helpers, Kansas
City, Kansas — to acquire, from time to time,
additional voting shares of Brotherhood Bancshares,
Inc.
Approved, April 16, 1993.

Chicago

LeRoy C. Darby, Inc., Monona, Iowa — to acquire
Keystone Bancshares, Inc., and Peoples State Bank,
Elkader, Iowa.
Approved, April 16, 1993.

Minneapolis

Marquette Bancshares, Inc., Minneapolis, Minnesota —
to acquire Marquette Capital Bank.
Approved, April 14, 1993.

Minneapolis

Merchants Holding Company, Winona, Minnesota — to
engage in mortgage services through Mortgage
Options of La Cross, Inc., La Crosse, Wisconsin.
Approved, April 15, 1993.

Chicago

Midlothian State Bank Employees Stock Ownership
Trust, Midlothian, Illinois — to acquire shares of
Midlothian State Bank.
Approved, April 14, 1993.

S t . Louis

Union Planters Corporation, Memphis, Tennessee — to
acquire Garrett Bancshares, Inc., Goodlettsville,
Tennessee.
Approved, April 15, 1993.

S t . Louis

Union Planters Corporation, Memphis, Tennessee —
acquire Erin Bank & Trust Company.
Approved, April 16, 1993.

to

H.2
APRIL 12, 1993
PAGE 4

TO

APRIL 16, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK PREMISES
Kansas City

Central Bank of Oklahoma City, Oklahoma City,
Oklahoma — investment in bank premises.
Approved, April 13, 1993.

Minneapolis

Marquette Capital Bank, Minneapolis, Minnesota —
investment in bank premises.
Approved, April 14, 1993.

CAPITAL STOCK
Atlanta

Allied Bankshares, Inc., Thomson, Georgia —
redemption of shares.
Approved, April 15, 1993.

Kansas City

Ameritrust Corporation, Omaha, Nebraska —
of shares.
Approved, April 12, 1993.

Minneapolis

First Integrity Bancorporation, Inc., St. Cloud,
Minnesota — redemption of shares.
Approved, April 13, 1993.

redemption

CHANGE IN BANK CONTROL




Dallas

Community Bank Cleburne, Texas —
control.
Returned, April 16, 1993.

change in bank

Minneapolis

First National Agency Company of Deer River, Inc.,
Deer River, Minnesota — change in bank control.
Returned, April 16, 1993.

S t . Louis

First National Corporation of Wynne, Wynne,
Arkansas — change in bank control.
Permitted, April 13, 1993.

Kansas City

GN Bankshares, Inc., Girard, Kansas —
control.
Permitted, April 13, 1993.

Dallas

Haskell Bancshares, Inc., Haskell, Texas —
bank control.
Permitted, April 12, 1993.

change in bank

change in

H.2
APRIL 12, 1993
PAGE 5

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APRIL 16, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

CHANGE IN BANK CONTROL
Dallas

Security Bancorp, Inc., San Antonio, Texas —
in bank control.
Permitted, April 16, 1993.

change

Dallas

Security State Bank of Pecos, Pecos, Texas —
in bank control.
Permitted, April 14, 1993.

change

COMPETITIVE FACTORS REPORTS




Chicago

Bank Midwest, Armstrong, Iowa, proposed merger with
Bank Midwest, Wall Lake, Iowa — report on
competitive factors.
Submitted, April 16, 1993.

Chicago

Bank of Illinois in Champaign, Champaign, Illinois,
proposed merger with BOI Interim Bank — report on
competitive factors.
Submitted, April 15, 1993.

Kansas City

Bank Western National Association, Denver, Colorado,
proposed merger with Central Bank National
Association — report on competitive factors.
Submitted, April 13, 1993.

Cleveland

Beaver Trust Company, Beaver, Pennsylvania, proposed
merger with First National Bank of Western
Pennsylvania, New Castle, Pennsylvania — report on
competitive factors.
Submitted, April 14, 1993.

Kansas City

Boatmen7s First National Bank of Kansas City, Kansas,
proposed acquisition of certain assets and
assumption of certain liabilities of Missouri
Bridge Bank, National Association, Kansas City
Missouri — report on competitive factors *
Submitted, April 15, 1993.

Kansas City

CitiState Bank, Gridley, Kansas, proposed merger with
First National Bank of Hamilton, Hamilton, Kansas - report on competitive factors.
Submitted, April 13, 1993.

H.2
APRIL 12, 1993
PAGE 6

TO

APRIL 16, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS




Chicago

Citizens National Bank of Darlington, Darlington,
Wisconsin, proposed purchase of certain assets and
assumption of certain liabilities of the branch of
Anchor Bank SSB — report on competitive factors.
Submitted, April 12, 1993.

Dallas

Citizens State Bank, Somerville, Texas, proposed
merger with New Citizens State Bank — report on
competitive factors.
Submitted, April 14, 1993.

Minneapolis

Community First State Bank of Cooperstown,
Cooperstown, North Dakota, proposed merger with
Farmers & Merchants Bank in Cooperstown — report
on competitive factors.
Submitted, April 16, 1993.

Cleveland

Corbin Deposit Bank & Trust Company, Corbin,
Kentucky, proposed merger with Cumberland Valley
National Bank & Trust Company, London, Kentucky —
report on competitive factors.
Submitted, April 13, 1993.

Chicago

Davenport Bank and Trust Company, National
Association, Davenport, Iowa, proposed merger with
Norwest Bank Iowa, National Association, Des
Moines, Iowa — report on competitive factors.
Submitted, April 16, 1993.

New York

First Fidelity Trust Company, New York, New York,
proposed merger with First Fidelity Bank, National
Association, New York, Riverdale, New York —
report on competitive factors.
Submitted, April 16, 1993.

Kansas City

First National Bank in Wichita, Wichita, Kansas,
proposed merger with Kansas State Bank & Trust
Company — report on competitive factors.
Submitted, April 13, 1993.

H.2
APRIL 12, 1993
PAGE 7

TO

APRIL 16, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS




Dallas

First National Bank of South Texas, Rio Grande City,
Texas, proposed purchase and assumption of the
Alice branch of First Federal Savings Bank, San
Antonio, Texas — report on competitive factors.
Submitted, April 14, 1993.

Richmond

Guaranty State Bank, Durham, North Carolina, proposed
merger with Guaranty State Interim Bank — report
on competitive factors.
Submitted, April 14, 1993.

Atlanta

Interim Paces Corporation, Atlanta, Georgia, proposed
merger with Paces Bank & Trust — report on
competitive factors.
Submitted, April 14, 1993.

San Francisco

Key Bank of Washington, Tacoma, Washington, proposed
merger with Key Savings Bank, Vancouver, Washington
— report on competitive factors.
Submitted, April 14, 1993.

Atlanta

Paces Bank & Trust, Atlanta, Georgia, proposed merger
with First Capital Bank, Norcross, Georgia —
report on competitive factors.
Submitted, April 14, 1993.

Richmond

Southern Bank and Trust Company, Mount Olive, North
Carolina, proposed merger with Citizens Interim
Bank, Rocky Mount, North Carolina — report on
competitive factors.
Submitted, April 16, 1993.

New York

Summit Trust Company, Summit, New Jersey, proposed
merger with Ocean National Bank, Point Pleasant
Beach, New Jersey — report on competitive factors.
Submitted, April 14, 1993.

New York

Summit Trust Company,.Summit, New Jersey — to
acquire certain assets and assume certain
liabilities of two branches of Ramapo Bank, Wayne,
New Jersey — report on competitive factors.
Submitted, April 15, 1993.

H.2
APRIL 12, 1993
PAGE 8

TO

APRIL 16, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS
New York

Valley National Bank, Passaic, New Jersey, proposed
merger with Peoples Bank, National Association,
Belleville, New Jersey — report on competitive
factors.
Submitted, April 15, 1993.

EXTENSIONS OF TIME
Director, BS&R

BankAmerica Corporation, San Francisco, California —
extension of certain divestiture commitments in
connection with acquisition of Security Pacific
Corporation, Los Angeles, California.
Granted, April 14, 1993.

Cleveland

Huntington Bancshares Incorporated, Columbus, Ohio,
and HBI, Ohio — extension to July 15, 1993, to
acquire Charter Oak Financial Corporation,
Cincinnati, Ohio.
Granted, April 14, 1993.

Atlanta

Kislak Financial Corporation, Miami Lakes, Florida —
extension to July 14, 1993, to acquire Kislak
National Bank, North Miami, Florida.
Granted, April 14, 1993.

Director, BS&R

Skandinaviska Enskilda Banken, Stockholm, Sweden —
extension to June 30, 1993, to conform interest in
Skandia Group Forsakringsaktiebolag to requirements
of Bank Holding Company Act.
Granted, April 13, 1993.

INTERNATIONAL OPERATIONS




Director, BS&R

Manufacturers Hanover International Finance
Corporation, New York, New York — to invest in
Chemical Sociedade Gestora de Participacoes
Sociais, S.A., Lisbon, Portugal, through Chemical
International Holdings Corporation, Wilmington,
Delaware.
Permitted, April 12, 1993.

H.2
APRIL 12, 1993
PAGE 9

TO

APRIL 16, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

MEMBERSHIP
Richmond

First Sentinel Bank, Richlands, Virginia —
a member of the Federal Reserve System.
Approved, April 12, 1993.

Minneapolis

Marquette Capital Bank, Minneapolis, Minnesota —
become a member of the Federal Reserve System.
Approved, April 14, 1993.

Cleveland

WeBanco Bank Barnesville, Barnesville, Ohio — to
become a member of the Federal Reserve System.
Approved, April 16, 1993.

to become

to

RESERVE BANK OPERATIONS




Director, FRBO

Federal Reserve Bank of New York — to purchase
reader-sorters for check clearing operations at the
Jericho office.
Approved, April 14, 1993.

H.2
APRIL 12, 1993
PAGE 10

ADDITIONS AND CORRECTIONS
TO

APRIL 16, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
Dean Witter Financial Services Group Inc. — request
on behalf of Sears, Roebuck and Co. concerning
grandfather rights with respect to the Greenwood
Trust Company.
Granted, January 6, 1993.
REGULATIONS AND POLICIES
o

Regulation Q (Prohibition Against the Payment of
Interest on Demand Deposits) — technical amendment
in conjunction with amendments to Regulation DD,
implementing the Truth in Savings Act (Docket R0791).
Approved, March 12, 1993.

ADDITIONS AND CORRECTIONS
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK BRANCHES, DOMESTIC




Cleveland

Society Bank & Trust, Toledo, Ohio — to establish
customer-bank communication terminals at the Meijer
Store, #115, 1391 Conant Street, Maumee, Ohio, and
the Meijer Store #116, 1725 South Wheeling, Oregon,
Ohio.
Approved, April 9, 1993.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
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

NONE

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY

Fleet Financial Group,
Inc., Providence, Rhode
Island - 4(c)(8)
notification to transfer Fleet
Factors Corporation, New York, New
York from Fleet Bank of New York,
Albany, New York, to Fleet Financial
Group, Inc., Providence, Rhode Island

Federal Register
Not Yet Established

SECTION IV - APPLICATIONS NOT SUBJECT TO
FEDERAL REGISTER OR NEWSPAPER NOTICE
Application

NONE

♦Subject to CRA




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS

♦Rating Definitions:
"0" - Outstanding; "S" - Satisfactory;
- Needs to Improve; "SN" - Substantial Noncompliance.
Institution




Examination Date

NONE

"N"

Rating*

F e d e r a l R e s e rv e Bank o f New Y o rk

Comment Period
Ending Date
SECTION I

Applications Subject to Newspaper
___________ Notice Only___________
Union Bank of Nigeria, Lagos, Nigeria, to establish a
representative office in New York, New York.

N/A

Banco de Credito y Servicio, S.A., Mexico City, Mexico, to
establish an agency in New York, New York.

N/A

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
The Bank of New York Company, Inc., New York, New York and
Ex Y Zee, Inc., New York, New York, to acquire 100 percent
of the voting shares of National Community Banks, Inc.,
West Paterson, New Jersey and to indirectly acquire all of
the voting shares of its subsidiary bank, National Community
Bank of New Jersey, Rutherford, New Jersey.1/
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
None.

SECTION IV
Applications Not Involving
______ Public Comment______
None.
SECTION V
Availability of CRA Public Evaluations
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following group:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.



5/6/93 2/

Satisfactory record of meeting community credit needs.

An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record
of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record
of ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate- income neighbor­
hoods, in a manner consistent with its resources and capabilities.
Week Ending April 17. 1993
NAME OF BANK

RATING

The Adirondack Trust Company Outstanding
473 Broadway
Saratoga Springs, N.Y. 12866

1/
2/
3/
4/

EXAMINATION DATE
November 30, 1992

Subject to provisions of Community Reinvestment Act.
Later of dates specified in newspaper and Federal Register notices.
Date specified in newspaper notice; a later date may be specified in
the Federal Register notice.
Date specified in Federal Register notice; a later date may be
specified in the newspaper notice.
N/A - Not Available




FEDERAL RESERVE BANK OF PHILADELPHIA
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Comment Period Ending Date
Meridian Bank, Reading, PA, to merge with First National
Bank of Pike County, Milford PA, pursuant to S 18(c) of
the FDI Act and to establish six branch offices, pursuant
to S 9 of the FR Act,

5/5/93

Commerce Bancorp, Cherry Hill, NJ, to purchase the assets
of and assume the liabilities of four (4) branch offices
of Anchor Savings Bank, FSB, located in Bellmawr, Cherry
Hill and Mantua, NJ, through its wholly-owned subsidiary
Commerce Bank, N.A., Cherry Hill, NJ, pursuant to Section
5(d)(3) of the FDI Act (Oakar Amendment).

5/13/93

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND
FEDERAL REGISTER NOTICE
Founders Bank, Bryn Mawr, Pennsylvania, Notice filed on behalf of
Harold L. Yoh, Jr., John P. Follman and Robin Ledwith (also known as
James R. Ledwith) in his capacity as trustee of two trusts established
for the benefit of members of the Yoh and Follman families (collectively,
the "Notificants") to own 18.58%, pursuant to the Change in Bank Control
Act of 1978.
Newspaper Comment Period Expires:
Fed. Reg. Comment Period Expires:

N/Avail.
4/26/93

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
None.

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.




FEDERAL RESERVE BANK OF PHILADELPHIA

SECTION V - AVAILABILITY 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 16* 1993
Identification of Ratings
In connection with the assessment of each insured depository
performance, a rating is assigned from the following groups:

institution's

CRA

Outstanding record of meeting community credit needs*
An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining and helping
to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and
capabilities•
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascertaining
and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascertaining
and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Bank/Location

Examination Date

CRA Rating

Montour Bank
1519 Bloom Road
Danville, PA 17821

12/14/92

Satisfactory




Federal Reserve Bank of Cleveland
Applications Bulletin
For Week Ending April 17, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
NONE

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
NONE
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
NONE

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
NONE*

*
N
F
#

-

Subject to CRA
Newspaper Comment Period
Federal Register Comment Period
Expected to end approximately 30 days from date of
application's receipt.




AVAILABILITY OF CRA PUBLIC EVALUATIONS
(April 16, 1993)
The following state member banks have been examined by the
Federal Reserve Bank of Cleveland for compliance with The Community
Reinvestment Act.
A public evaluation document became available
from the bank(s) listed below during the week ended April 16, 1993.
If you are interested in obtaining a copy of an evaluation
document, please contact the bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING:
a bank in this group has an outstanding record
of, and is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
SATISFACTORY: a bank in this group has a satisfactory record
of ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
NEEDS TO IMPROVE:
a bank in this group needs to improve its
overall record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.
SUBSTANTIAL NON COMPLIANCE:
a bank in this group has a
substantially deficient record of ascertaining and helping to meet
the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
WesBanco Bank
190 Main Street
New Martinsville, WV 26155
(304) 455-1300
Rating:
Satisfactory
Exam Date:
July 25, 1993




-2-

Federal Reserve Bank of Richmond
Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

Centura Bank, Rocky Mount, North
Carolina, to establish an Electronic
Funds Transfer Facility at Walnut Creek
Amphitheatre, 3801 Rock Quarry Road,
Raleigh, North Carolina.*

4-30-93

Commerce Bank of Virginia, Richmond,
Virginia, to establish a branch on
U. S. Route 250 at Centerville,
Manakin Sabot, Virginia.*

5-10-93

F & M Bank-Winchester, Winchester,
Virginia, to establish an Electronic
Funds Transfer Facility in the Sheetz
Convenience Store located at the inter­
section of U. S. Route 11 and Route 42,
Woodstock, Virginia.*

5-12-93

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

NationsBank Corporation, Charlotte,
North Carolina, to engage in debt and
equity securities underwriting and
dealing activities through its subsidiary,
NationsBanc Capital Markets, Inc.

Not yet available.

Centura Banks, Inc., Rocky Mount, North
Carolina, to participate in a joint
venture to provide certain data processing
and transmission services and management
consulting services to banks and other
providers of fiduciary services in North
Carolina, South Carolina, Tennessee,
Georgia and Virginia.

Not yet available.

*Application is subject to CRA requirements.




-3-

Federal Reserve Bank of Richmond

Section III - Applications Subject to Federal Register Notice--contd
Application

Comment Period Ending Date

First Virginia Banks, Inc., Falls Church,
Virginia, to engage in providing securities
brokerage services and related investment
advice and also selling as agent fixed and
variable rate annuities.

Not yet available.

Signet Banking Corporation, Richmond,
Virginia, to engage in selling annuities
through its subsidiaries, Signet Financial
Services, Inc., and Signet Insurance
Services, Inc.

Not yet available.

Premier Bankshares Corporation, Tazewell,
Virginia, to act as an investment or financial
advisor by providing portfolio investment
advice to banks, other financial institutions,
and other persons; and to provide financial
advice to state and local governments.

Not yet available.

Section IV - Application Not Subject to
Federal Register Notice or Newspaper Notice
None.




-4-

Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations
Week ending April 16, 1993

Definition of Ratings
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community,
including low- and moderate -income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate -income neighborhoods, in a manner
consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate -income neighborhoods, in a manner
consistent with its resources and capabilities.
Examination
Date____

None.




Rating

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending April 16. 1993

Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

SouthTrust Corporation
Birmingham, Alabama
For its subsidiary, SouthTrust Bank of
Jacksonville, N. A . , Jacksonville, Florida,
to acquire the assets and assume the
liabilities of the Amelia Island, Florida
branch of Federal Trust Bank, Winter Park,
Florida, pursuant to Section 5(d ) (3) of the
Federal Deposit Insurance Act, as amended by
the Federal Deposit Insurance Corporation
Improvement Act of 1991.

Not yet available*

Trust Company Bank
Atlanta, Georgia
To establish a branch located at 6565
Eastside Drive, Alpharetta, Georgia.

04-29-93*

Trust Company Bank
Atlanta, Georgia
To establish an off-site ATM located at
930 Main Street, Stone Mountain, Georgia.

04-29-93*

Southern Heritage Savings Bank
Winterville, Georgia
To establish a branch located at 190
Gaines School Road, Athens, Georgia, to
be known as Southern Heritage Savings
Bank, Gaines School Road Branch.

05-03-93*

Britton & Koontz Capital Corporation
Natchez, Mississippi
To acquire Natchez First Federal Savings
Bank, Natchez, Mississippi, and thereby
merge it into its wholly owned subsidiary,
Britton & Koontz First National Bank,
Natchez, Mississippi, pursuant to Section
5(d)(3) of the Federal Deposit Insurance Act,
as amended by the Federal Deposit Insurance
Corporation Improvement Act of 1991.

05-12-93*

♦Subject to provisions of the Community Reinvestment Act.



Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending April 16. 1993
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

The Fort Bancorp, Inc.
Fort Deposit, Alabama
1-BHC formation, First Lowndes Bank,
Fort Deposit, Alabama.
Section 3 - Applications Subject
Application

Not yet available*

to Federal Register Only
Comment Period Ending Date

Fidelity Southern Corporation
Not yet available
Decatur, Georgia
Through its wholly owned subsidiary,
Fidelity National Capital Investors, Inc.,
Decatur, Georgia, to engage de novo in
certain nonbank activities, pursuant to
Sections 225.25(b)(11) & (14) of Regulation Y
and Section 20 of the Glass-Steagall Act.
Activities will include management consulting to
depository institutions, arranging commercial
real estate equity financing, underwriting and
dealing bank ineligible debt securities, private
placements and riskless principal, and underwriting
and dealing in equity securities.

Section 3 - Applications Subject
Application

to Federal Register Only
Comment Period Ending Date

Britton & Koontz Capital Corporation
Natchez, Mississippi
To acquire Natchez First Federal Savings
Bank, Natchez, Mississippi, pursuant to
Section 4 ( c ) (8) of Bank Holding Company Act.

Not yet available

♦Subject to provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending April 16. 1993

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice

Application
Central Bancshares of the South, Inc.
Birmingham, Alabama
Waiver request related to the acquisition
of Peoples Holding Company, Fort Walton
Beach, Florida, through merger with and
into Central Bank of the South, N.A.,
Pensacola, Florida, and thereby the direct
acquisition of Liberty Bank of Fort Walton
Beach, Fort Walton Beach, Florida, pursuant
to Section 3 ( a ) (5) of the Bank Holding
Company A c t .
Central Bancshares of the South, Inc.
Birmingham, Alabama
Waiver request related to the acquisition
of E.C.S.B. Holding Company, Fort Walton
Beach, Florida, through merger with and
into Central Bank of the South, N.A . ,
Pensacola, Florida, and thereby the direct
acquisition of Emerald Coast State Bank,
Fort Walton Beach, Florida, pursuant to
Section 3(a)(5) of the Bank Holding Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending April 16. 1993

Section 10 - Availability of CRA Public Evaluations
The CRA public evaluations of the insured depository institutions listed below
became available during this week.
Information about an institution's CRA
evaluation may be obtained directly from the institution. In connection with the
assessment of an institution's CRA performance, a rating is assigned from the
following groups:
Outstanding record of meeting community credit needs: An institution has an
outstanding record of, and is a leader in, ascertaining and helping to meet the
credit needs of its entire delineated community,
including low- and
moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs: An institution has a
satisfactory record of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs: An institution needs
to improve its overall record of ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs: An institution has
a substantially deficient record of ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.

Examination
Bank

Rating

Date

Citizens Trust Bank
Post Office Box 4485
Atlanta, Georgia 30303
(404)659-5959

Satisfactory-

12-14-92

Bank of Albertville
Box 1488
Albertville, Alabama
(205)891-1280

Satisfactory

01-04-93

Banyan Bank
Post Office Box 4230
Boca Raton, Florida 32429
(407)994-0077

Satisfactory

01-04-93

Florida First International
Bank, Post Office Box 6699
Hollywood, Florida
(305)985-3900

Satisfactory

01-04-93




35950

Federal Reserve Bank of Chicago
S e c tio n I

Type

A p p lic a tio n s Subject to Newspaper
N o tice Only
Comment P e r io d
Ending Date
A p p lic a tio n
-

Branch
Reg K-OT

Bank Mees & Hope N.V.
Rotterdam, The Netherlands
Establish a Representative Office at
300 Crescent Court
Dallas, Texas*

N

Branch
Reg K-OT

Bank Mees & Hope N.V.
Rotterdam, The Netherlands
E s ta b lis h an Agency o f f i c e in New York,
New York*

N

Oakar

First Mutual Bancorp, M.H.C.
Decatur, Illinois
First Mutual Bank, S.B.
Decatur, Illinois*

N

- **

EFT

First of America Bank-Central
Lansing, Michigan
Five Oaks Party Store
2546 East Jolly Road
Lansing, Michigan*

N

- 4-22-93

Oakar

Shoreline Financial Corporation
Benton Harbor, Michigan

N

- 4-19-93

N

- **

- **

B e rrie n Springs, M ichig an,

Edwardsburg, Michigan,
Hartford, Michigan, and
Three Oaks, Michigan Branches of
Standard Federal Bank, FSB
Troy, Michigan*
Branch




Lapeer County Bank & Trust Co.
Lapeer, Michigan
6002 N. Lapeer Road
North Branch, Michigan*

Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspape:
Register Notice

and Federal
Comment Period
Ending Date

Type

Application

Y-2

Premier Financial Services, Inc.
Freeport, Illinois
First Northbrook Bancorp, Inc.
Northbrook, Illinois
First National Bank of Northbrook
Northbrook, Illinois
First Security Bank of Cary-Grove
Cary, Illinois*

FR - 2-25-93
N - 5-1-93

Y-l

Premier Acquisition Company
Freeport, Illinois
First Northbrook Bancorp, Inc.
Northbrook, Illinois
First National Bank of Northbrook
Northbrook, Illinois
First Security Bank of Cary-Grove
Cary, Illinois*

FR - 2-25-93
N - 5-1-93

Y-l

Quad City Holdings, Inc.
Bettendorf, Iowa
Quad City Bank and Trust Company
Bettendorf, Iowa (in organization)*

FR - 4-15-93
N - 3-28-93

Y-2

Associated Banc-Corp
Green Bay, Wisconsin
Wausau Financial Corporation
Wausau, Wisconsin
Citizens Bank & Trust
Wausau, Wisconsin*

FR - 4-9-93
N - 4-15-93

CoC-HC

Minowa Banshares, Inc.
Decorah, Iowa
Stephen J. Lyon, as Executor of
the Estate of George Lyon

FR - 4-12-93
N - 3-24-93

Y-l

NJIC, Inc.
Naperville, Illinois
WestBank/Naperville
Naperville, Illinois
WestBank/Will County
Joliet, Illinois*

FR - 4-19-93
N - 4-24-93

Y-l

Huntley Acquisition Corp.
Palatine, Illinois
State Bank of Huntley
Huntley, Illinois*

FR - 4-26-93
N - **




Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice
(Continued)
Comment P e rio d
Ending Date

Type

A p p lic a tio n

Y-2

Suburban Bancorp, Inc.
P a la tin e , I l l i n o i s
Huntley Bancshares, Inc.
H untley, I l l i n o i s
State Bank o f H untley
H untley, I l l i n o i s *

FR - 4-26-93
N - **

Y -l

Farmers & Traders Bancshares, In c.
Shabbona, I l l i n o i s
Farmers and Traders State Bank
Shaboona, I l l i n o i s *

FR - 4-26-93
N 5-3-93

Y-l

F i r s t Mutual Bancorp, M.H.C.
D ecatur, I l l i n o i s
F i r s t Mutual Bank, S.B .
Decatur, I l lin o is *

FR - 4-29-93
N
- **

Y-l

F i r s t Bancorporation, Inc.
Sparta, Wisconsin
F i r s t Bank o f Sparta
Sparta, Wisconsin*

FR 5-6-93
N - 5-12-93

COC-HC

ASB Bankcorp, Inc.
A d ria n , Michigan
Fern Shierson and Douglas J .
Shierson (acquire 6.5%— cu rre n t
ownership i s 9.46%)

FR 5-3-93
N
- **

Y -l

FMSB Bancorp
N eola, Iowa
Farmers & Merchants Sta te Bank
Neola, Iowa*

FR - **
N - **

Y -l

Peoples F in a n c ia l C orporation
C o lfa x , I l l i n o i s
Peoples State Bank
C o lfa x , I l l i n o i s *

FR - **
N - **

CoC-HC

F i r s t Business Bancshares, In c.
Madison, Wisconsin
W illiam T. Graham

FR - 3-31-93
N - 4-15-93




Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspapei
Register Notice
(Continued)

and Federal
Comment Period
Ending Date

Type

Application

Y-2

First Financial Corporation
Terre Haute, Indiana
Parke Bancorp
Rockville, Indiana
The Parke State Bank
Rockville, Indiana*

FR - 3-25-93
N - 3-12-93

Y-l

Oostburg Bancorp, Inc.
Oostburg, Wisconsin
Oostburg State Bank
Oostburg, Wisconsin*

FR N -




3-5-93
3-8-93

Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only
Comment Period
Ending Date

Type

Application

4(c) (8)

Comerica Incorporated
Detroit, Michigan
ComeriComp, Incorporated
Detroit, Michigan

FR - 4-30-93

Y-4

Guaranty Financial, M.H.C.
Milwaukee, Wisconsin
Guaranty Asset Protection Services, Inc.
West Hills, California

FR - 4-19-93

Y-4

Guaranty Financial, M.H.C.
Milwaukee, Wisconsin
Shelter Mortgage Corporation
Milwaukee, Wisconsin

FR - 4-19-93

Y-4

Guaranty Financial, M.H.C.
Milwaukee, Wisconsin
6700 Corporation
West Hills, California

FR - 4-19-93

4(c) (8)

Rake Bancorporation
Rake, Iowa
Making and servicing of loans

FR - 4-14-93

Y-4

Caisse Nationale de Credit Agricole
Paris, France
Credit Agricole Futures, Inc.
New York, New York — Execute, clear,
provide investment advisory services

FR -

4(c) (8)

Alliance Financial Corporation
New Buffalo, Michigan
Alliance Financial Services Corporation
New Buffalo, Michigan - Securities
brokerage activities

FR - 4-26-93

4(c) (8)

Capital Directions, Inc.
Mason, Michigan
Monex Financial Services, Inc.
Mason, Michigan - consumer financial
counseling, investment or financial
advice & tax planning & preparation

FR - 4-26-93




**

Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only
(Continued)
Comment Period
Ending Date

Type

Application

Y-4

FBOP Corporation
Oak Park, Illinois
Fairfield Financial Corporation
Oak Park, Illinois

FR - **

4(c) (8)

Comerica Incorporated
Detroit, Michigan
Comerica Community Development
Corporation
Detroit, Michigan

FR - 4-27-93

4(c) (8)

Marquette National Corporation
Chicago, Illinois
Marquette Community Development
Corporation
Chicago, Illinois

FR - 4-27-93

4(c) (8)

Clare Bancorporation, Inc.
Platteville, Wisconsin
Making or acquiring loans for the
company's account

FR - 4-29-93

4(c) (8)

Montfort Bancorporation, Inc.
Platteville, Wisconsin
Making or acquiring loans for the
company's account

FR - 4-29-93

Y-4

Iowa National Bankshares Corp.
Waterloo, Iowa
MidAmerica Financial Corporation
Waterloo, Iowa

FR - **
N - 4-29-93

Y-4

Continental Bank Corporation
Chicago, Illinois
Repechage Partners Ltd.
Chicago, Illinois

FR - **

Y-4

FMSB Bancorp
Neola, Iowa
Hall Insurance Agency
Neola, Iowa

FR - **




Federal Reserve Bank of Chicago
Section IV - Applications Not Subject to Federal Register or Newspaper
Notice
Type

Application

RoS

Maxwell Bancorporation
Maxwell, Iowa
to redeem the entire stock ownership from
certain shareholders

N
FR
*
**

-

Newspaper
Federal Register
Subject to Provisions of Community Reinvestment Act
Not available at this time




AVAILABILITY OF CRA PUBLIC EVALUATIONS

The following state member banks have been examined by the Federal Reserve Bank
of Chicago for compliance with the CRA. The 30-business day period the bank has
to make the evaluation public has lapsed during the week ending April 16, 1993.
If you are interested in obtaining a copy of the evaluation document, please
contact the bank(s) directly.
Identification of Ratings
O-An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
S-An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
NI-An institution in this group needs to improve its overall record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
SN-An institution in this group has a substantially deficient record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
BANK NAME/LOCATION

EXAMINATION DATE

RATINGS

-First State Bank
418 Sands Street, Box 247
Churdan, Iowa
50050
(515) 389-3222

1/04/93

S

-DeMotte State Bank
210 South Halleck Street
Box 400
DeMotte, Indiana
46310
(219) 987-4141

12/28/92

S

1/11/93

S

-The Friendship State Bank
P.O. Box 357
Friendship, Indiana
47021
(812) 667-5101




Federal Reserve Bank o f St. Louis
FOR THE WEEK ENDING APRIL 16. 1993

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE

Application

End of Common*- Period

None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Application
♦Section 3(a)(1) application by
Fairfield Bancshares, Inc., Fairfield,
Illinois, to acquire Fairfield National
Bank, Fairfield, Illinois

♦Section 3(a)(1) application by
Hollandale Capital Corporation,
Hollandale, Mississippi, to
acquire Bank of Hollandale,
Hollandale, Mississippi

End of Comment! Period

Newspaper:

5-15-93

Newspaper:

5-17-93

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application

End of Comment Period

None.

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
None.

♦This appliction is subject to CRA.



End of Comment Period

FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f m eeting com m unity credit needs

A n institution in this group has an outstanding record of, and is a leader in, ascertaining and helping
to meet the credit needs o f its entire delineated community, including low - and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record o f m eeting com m unity credit needs

A n institution in this group has a satisfactory record o f ascertaining and helping to meet the credit
needs o f its entire delineated community, including low- and moderate- incom e neighborhoods, in a
manner consistent with its resources and capabilities.
Needs to im prove record o f meeting com m unity credit needs

A n institution in this group needs to improve its overall record o f ascertaining and helping to meet
the credit needs o f its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Substantial noncom pliance in m eeting com m unity credit needs

A n institution in this group has a substantially deficient record o f ascertaining and helping to meet
the credit needs o f its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.

FOR THE WEEK ENDING

Name of Bank

None




April 16, 1993

Bank Address

Examination
Date

Examination
Rating

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section I - Applications Subject to
Newspaper Notice Only
Comment Period
Ending Date

Application
Community Trust Company
Sioux Falls, SD
To become a member of the
Federal Reserve System

Not yet available

Norwest Corporation, Mpls, MN
and its subsidiary Norwest
Colorado, Inc., Mpls, MN
For their subsidiary bank Norwest
Bank Denver, N.A., Denver, Co, to
acquire certain assets and assume
certain liabilities located at
certain Colorado offices of First
Nationwide Bank, fsb, San Francisco,
CA

Not yet available

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period
Ending Date

215 Holding Co.,
Mpls MN
To acquire 100% of the voting
shares of the Southwest Bancorporation, Inc., Mpls, MN*

Not yet available

215 Holding Co.,
Mpls, MN
To acquire 100% of the voting
shares of the Southeast Bancorporation, Inc., Mpls, MN*

Not yet available

The Merchants Holding Company
Winona, MN
To acquire 100% of the voting shares
of Houston Investments, Inc., Mpls, MN*

*

Subject to CRA




5-6-93
(Federal Register)

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section II - Applications Subject to Both
Newspaper and Federal Register Notice (Continued)
Comment Period
Endinci Date

Application
Russell Bauman
To increase his ownership interest
from 24.75% to 49.75% of Kerkhoven
Bancshares, Inc., Kerkhoven, MN

Not yet available

Section III - Applications Subject
to Federal Register Notice Only
Application
Gaylord Bancorporation, Ltd.
Gaylord, MN
To enaacre de novo in makina
and servicing loans, invest­
ment or financial advice,
arranging commercial real
estate equity financing, and
securities brokerage.

Comment Period
Endina Date
4-29-93
(Federal Register)

Norwest Corporation
Mpls, MN
To engage in underwriting credit
life and credit accident and health
insurance in connection with exten­
sions of credit made by Applicant
and its subsidiaries through the
acquisition of 100% of the stock of
Blue Spirit Insurance, Inc.,
Phoenix, AZ.

Not yet available

Norwest Corporation
Mpls, MN
To engage in general insurance
agency activities through the
acquisition of certain assets of
Citicorp Agency Services, Inc.,
Phoenix, AZ.

Not yet available

Norwest Corporation
Mpls, MN
To engage in securities brokerage
activities through the acquisition
of certain assets of Citicorp In­
vestment Services, Inc. and Citicorp
Agency Services, Inc., Phoenix, AZ.

Not yet available




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section III - Applications Subject
to Federal Register Notice Only (Continued)
Comment Period
Ending Date

Application
Olmsted Bancorporation, Inc.
Byron, MN
To engage de novo in general
insurance agency activities.

Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
North Shore Bank of Commerce
Duluth, MN
To increase its investment in
bank premises by $5M.




4-12-93

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending April 16, 1993
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of,
and is a leader in, ascertaining and helping to meet the
credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its
resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low-and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
BANK( ) EXAMINED
S

DATE OF EXAMINATION

CRA RATING

Fulton State Bank
P. 0. Box 77
Fulton, SD 57340
(605) 996-5731

January 19, 1993

Satisfactory

Kanabec State Bank
124 E. Maple
Mora, MN 55051
(612) 679-3131

January 19, 1993




\
Outstanding

Federal Reserve Bank of Kansas City

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

First National Beatrice Corporation
ESOP, Beatrice, Nebraska, for prior
approval to become a bank holding
company through the acquisition of 47
percent of the voting shares of First
National Beatrice Corporation,
Beatrice, Nebraska.*

Not Available

Southeast Capital Corporation ESOP,
Idabel, Oklahoma, for prior approval
to become a bank holding company
through the acquisition of 30 percent
of the voting shares of Southeast
Capital Corporation, Idabel,
Oklahoma.*

Not Available

Bruce Morgan and investors, Kansas
City, Missouri, for prior approval to
acquire 100 percent of the voting
common stock of Valley Bancshares,
Inc., Atchison, Kansas.

Not Available

Community Bankshares, Inc., Denver,
Colorado, for prior approval to
acquire 95 percent of the voting
shares of First Medicine Lodge
Bancshares, Inc., Medicine Lodge,
Kansas.*

Not Available

Continental Security Bancshares,
Inc., Springfield, Missouri, for
prior approval to become a bank
holding company through the
acquisition of 84.8 percent of the
outstanding common stock of Deepwater
State Bank, Deepwater, Missouri.*

Not Available




Federal Reserve Bank of Kansas City

Dennis Romero, Taos, New Mexico, for
prior approval to increase his
proportionate ownership interest in
Centinel Bank Shares, Inc., Taos, New
Mexico, from 21.6 percent to 28.61
percent, respectively.

Not Available

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
First National Beatrice Corporation,
Beatrice, Nebraska, for prior
approval to redeem 5,105 shares of
its own voting common stock.

Not Available

Southeast Capital Corporation,
Idabel, Oklahoma, for prior approval
to redeem 1,673 shares of its own
voting common stock.

Not Available

Centinel Bank Shares, Inc., Taos, New
Not Available
Mexico, for prior approval to redeem
1,592.5 shares of its own voting
common stock.
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
Outstanding record of meeting community credit needs
An institution in this group has an outstanding record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods,
in a manner consistent with its
resources and capabilities.




Federal Reserve Bank of Kansas City

Satisfactory record of meeting community credit needs
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods,
in a manner consistent
with its
resources and capabilities.
Needs to improve record of meeting community credit needs
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- and moderateincome neighborhoods,
in a manner consistent
with its
resources and capabilities.
Substantial noncompliance in meeting community credit needs
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- and moderateincome neighborhoods,
in a manner consistent
with its
resources and capabilities.
Bank/Location

Exam Date

None.
*

*Application is subject to CRA.




CRA Public
Date

CRA
Rating

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF APRIL 12, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

♦Section 18(c) application by
Texas Bank, Weatherford, TX, to merge with
Texas Bank, Grapevine, TX

N/A

♦Section 9 application received from
Texas Bank, Weatherford, TX, to establish a branch
at 1205 South Main, Grapevine, TX

N/A

♦Section 9 application received from
Texas Bank, Weatherford, TX, to establish a branch
at 1101 East Northwest Highway, Southlake, TX

N/A

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
Change in Control Notice by
Harold Lee Blackburn, Blossom, TX, and James
Richard Gatlin, Powderly, TX, to acquire an
interest in Red River Financial Corporation,
Detroit, TX
(Previously reported during the week of 3-29-93)

** NOTICE EXP

93/04/28

Change in Control Notice by
George W. Marti, Cleburne, TX, to acquire an
interest in Community Bank, Cleburne, TX

N/A

♦Section 3(a)(1) application by
C.S.B. Bancshares, Inc., Somerville, TX, to
acquire Citizens State Bank, Somerville, TX

N/A

♦Section 3(a)(1) application by
Texas Security First Bancshares, Inc., Sulphur
Springs, TX, to acquire SSSB Delaware Bancorporation,
Inc., Dover, DE, and Sulphur Springs State Bank,
Sulphur Springs, TX

N/A

♦Section 3(a)(1) application by
SSSB Delaware Bancorporation, Inc., Dover, DE, to
acquire Sulphur Springs State Bank, Sulphur Springs, TX

N/A




♦Section 3(a)(3) application by
A.N.B. Holding Company, Ltd., Terrell, TX, to acquire
additional shares of The American National Bank of
Terrell, Terrell, TX

N/A

♦Section 3(a)(3) application by
M & F Bancshares, Inc., Weatherford, TX, to acquire
Texas Bank, Grapevine, TX

N/A

♦Section 3(a)(3) application by
M & F Financial Corp., Wilmington, DE, to acquire
Texas Bank, Grapevine, 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
None.

* SUBJECT TO CRA.
** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY.
N/A - NOT AVAILABLE AT THIS TIME.




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF APRIL 12. 1993
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a
leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to Improve record of meeting community credit needs.
An institution in this group need to improve its overall record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Substantial Noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.

Bank
Security Bank of Arlington
1521 N. Cooper, Ste. 100
P. 0. Box 121288
Arlington, TX 76012-1288




Date of
Examination
93/01/19

CRA Rating
Satisfactory

FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 4/16/93
Section I - Applications Subject to Newspaper Notice Only
Ad p Iication

Comment Period Ending Date

None

Section II - Applications Sub.iect to Both
Newspaper and Federal Reqister Notice
Application

Comment Period Endinq Date

Twin River Financial Corporation, Lewiston,
Idaho, to become a bank holding company by
acquiring Twin River National Bank, Lewiston,
Idaho. *

Newspaper:

5/07/93

Fed. Req.:

Not available

MCB Financial Corporation, San Rafael,
California, to become a bank holding company
by acquiring Marin Community Bank, N.A.,
San Rafael, California. *

Newspaper:

Not available

Fed. Req.:

Not available

Section III - Applications Sub.iect to Federal Reqister Notice Only
Application

Comment Period Endinq Date

None

Section IV - Applications Not Sub.iect to Federal Register Notice
or Newspaper Notice
None

* Subject to CRA




FEDERAL RESERVE BANK OF SAN FRANCISCO (cont’d.)
Week ending 4/16/93
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending April 16, 1993. Information about a particular institution’s
CRA evaluation may be obtained directly from the institution.
Institution

Location

Examination Date

Rating*

None

* Under the rating system an institution’s CRA performance is assigned one of
the following four ratings:
Outstanding record of meeting community credit needs: An institution has an
outstanding record of, and is a leader in, ascertaining and helping to meet
the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs: An institution has a
satisfactory record of ascertaining and meeting the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs: An institution
needs to improve its overall record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.
Substantial noncompliance in meeting community credit needs: An institution
has a substantially deficient record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102