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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1993, NO. 17
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending April 24, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

I M K HOLDING COMPANIES
Mellon Bank Corporation* Pittsburgh* Pennsylvania -to acquire Boston Group Holdings* Inc.* The Boston
Company* Boston* Massachusetts* and the Boston Safe
Deposit & Trust Company.
Approved* April 19* 1993.
Mid Am* Inc.* Bowling Green* Ohio — proposal that
American Community Bank* N.A.* Lima* Ohio* merge
with Colonial Federal Savings Bank* Bellefontaine*
Ohio.
Approved* April 19* 1993.
Texas State Bank* McAllen* Texas — to establish a
branch at 900 East Jackson Avenue.
Approved* April 19* 1993.
BANKS. FOREIGN
Coutts & Co.* AG Zurich* Switzerland — to establish
a state-licensed branch in New York* New York.
Approved* April 19* 1993.
BOARD OPERATIONS




Rules Regarding Delegation of Authority — amendment
to delegate to the Secretary of the Board authority
to approve Oakar applications on which a Reserve
Bank concludes it should not take action.
Approved* April 19* 1993.

H.2
APRIL 18, 1993
PAGE 2

TO

APRIL 23, 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




S t . Louis

Arkansas Bank and Trust Company, Hot Springs,
Arkansas — to establish a branch at the corner of
DeSoto Boulevard and Carmona Road, Hot Springs
Village, Arkansas.
Approved, April 19, 1993.

Cleveland

Fifth Third Bank, Columbus, Ohio — to establish
customer-bank communication terminals at 7000 Bent
Tree Boulevard, 6800 East Broad Street, 5800
Alshire Road, and 5050 North Hamilton.
Approved, April 21, 1993.

Cleveland

Fifth Third Bank, Cincinnati, Ohio — to establish
branches at 21593 Lorain Road, Cleveland; 22777
Rockside Road, Bedford; 14800 Madsion Avenue,
Lakewood; and 24601 Chagrin Boulevard, Beachwood;
and to relocate an existing branch to 30160
Lakeshore Boulevard, Willowwick, Ohio, from 29800
Lakeshore Boulevard.
Approved, April 22, 1993.

Cleveland

Fifth Third Bank, Columbus, Ohio — to establish a
branch at 55 West Schrock Road, Westerville, Ohio.
Approved, April 22, 1993.

Secretary

First of America - Ann Arbor, Ann Arbor, Michigan —
to establish a branch at 850 West Cross Street,
Ypsilanti, Michigan.
Approved, April 20, 1993.

Atlanta

PanAmerican Bank, Coconut Grove, Florida — to
establish a branch at 888 Brickell Avenue, Miami,
Florida.
Approved, April 22, 1993.

Richmond

Signet Bank / Virginia, Richmond, Virginia — to
establish a branch in the Community Center of
Westminster Presbyterian Homes at 12191 Clipper
Drive, Lake Ridge, Virginia.
Approved, April 23, 1993.

H.2
APRIL 18, 1993
PAGE 3

TO

APRIL 23, 1993

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

1ANK HOLDING COMPANIES




San Francisco

Bank of Tokyo, Ltd., Tokyo, Japan — to engage in
leasing activities through BOT Financial
Corporation, Boston, Massachusetts.
Approved, April 22, 1993.

San Francisco

BankAmerica Corporation, San Francisco, California —
to engage de novo in investment or financial
advisory and full service brokerage activities
through BA Securities, Inc.
Returned, April 21, 1993.

Chicago

Caisse Nationale de Credit Agricole, Paris, France —
to acquire LCA Holding Corp., Paris, France.
Approved, April 22, 1993.

Chicago

Columbus Bancorp, Inc., Indianapolis, Indiana — to
invest in a project to promote community welfare by
the development of low income housing through
Gardenview Limited Partnership, an Indiana Limited
Partnership, Corunna, Indiana.
Permitted, April 23, 1993.

Philadelphia

Community Bancorp, Inc., Forest City, Pennsylvania —
to engage de novo in community development
activities through Rothtown Associates, a
Pennsylvania limited partnership.
Approved, April 22, 1993.

Minneapolis

Community First Bankshares, Inc., Fargo, North Dakota
— to acquire F & M Bank Holding Company,
Cooperstown, North Dakota.
Approved, April 22, 1993.

Minneapolis

Community First Bankshares, Inc., Fargo, North Dakota
— to acquire Lincoln Banking Company, Ltd.,
Steamboat Springs Colorado.
Approved, April 23, 1993.

Minneapolis

First National Bank of Sauk Centre Retirement Savings
Plan and Trust, Sauk Centre, Minnesota — to
acquire shares of Sauk Centre Financial Services,
Inc.
Approved, April 21, 1993.

H.2
APRIL 18, 1993
PAGE 4

TO

APRIL 23, 1993

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

BANK HOLDING COMPANIES




Secretary

First Security Corporation, Salt Lake City, Utah —
to acquire Desert Southwest Community Bancorp, Las
Vegas, Nevada, and Nevada Community Bank.
Approved, April 22, 1993.

Dallas

FirstPerryton Bancorp, Inc., Perryton, Texas — to
acquire Texas Commerce Bank - Amarillo, Texas.
Approved, April 20, 1993.

Chicago

LeMars Bancorporation, Le Mars, Iowa —
novo in lending activities.
Permitted, April 22, 1993.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota, and
Norwest Colorado, Inc. — proposal that Norwest
Bank Denver, N.A., Denver, Colorado, acquire
certain assets and assume certain liabilities of
certain Colorado offices of First Nationwide Bank,
fsb, San Francisco, California.
Returned, April 19, 1993.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota — to
engage in brokerage activities through Columbus
Investment Services, Inc., Littleton, Colorado.
Approved, April 21, 1993.

Minneapolis

Olmstead Bancorporation, Inc., Byron, Minnesota —
engage de novo in general insurance agency
activities.
Permitted, April 22, 1993.

San Francisco

Pacific Capital Bancorp, Salinas, California
to
engage de novo in certain lending activities with
A r s t National Bank of Central California.
Permitted, April 18, 1993.

GC

Rittenhouse Financial Services, Inc., Philadelphia,
Pennsylvania — determination that RFS is not
capable of controlling The Rittenhouse Trust
Company.
1
Granted, April 22, 1993.

to engage de

to

H.2
APRIL 18, 1993
PAGE 5

TO

APRIL 23, 1993

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

£ M K HOfePJNg COMPANIES
GC

TCF Financial Corporation, Minneapolis, Minnesota —
request for determination by TCF Bank Savings, fsb
for exemption from section 23A concerning merger
with the Republic Capital Group, Inc.
Granted, April 20, 1993.

New York

Toronto-Dominion Bank, Toronto, Canada — to engage
in certain foreign exchange advisory and
transactional services through Toronto Dominion
Securities (USA) Inc., New York, New York.
Permitted, April 23, 1993.

St. Louis

Union Planters Corporation, Memphis Tennessee
proposal that Union Planters National Bank purchase
certain assets and assume certain deposit
liabilities of the Jackson, Tennessee, branch of
SaveTrust Federal Savings Bank, Dyersburg,
Tennessee.
Approved, April 20, 1993.

Chicago

Valley Financial Corp., Caro, Michigan —
Community Bank.
Approved, April 21, 1993.

St. Louis

West Tennessee Financial Corporation, Selmer,
Tennessee — to become a bank holding company by
converting its subsidiary, First Federal Savings
Bank of West Tennessee, Selmer, Tennessee, into a
state-chartered commercial bank, Community Bank of
West Tennessee.
Approved, April 21, 1993.

to acquire

S M K MERGERS




Philadelphia

Commonwealth Bank, Williamsport, Pennsylvania —
merge with Valley Community Bank, Kingston,
Pennsylvania, and to establish a branch.
Approved, April 20, 1993.

to

H.2
APRIL 18, 1993
PAGE 6

TO

APRIL 23, 1993

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

BANK PREMISES
New York

Chemical Bank, New York, New York —
bank premises.
Approved, April 21, 1993.

investment in

Kansas City

Farmers State Bank, Stanberry, Missouri —
in bank premises.
Approved, April 20, 1993.

Chicago

First Illini Bank, Galesburg, Illinois —
in bank premises.
Approved, April 19, 1993.

San Francisco

First Utah Bank, Salt Lake City, Utah —
in bank premises.
Approved, April 23, 1993.

Cleveland

Integra Bank / Pittsburgh, Pittsburgh, Pennsylvania - investment in bank premises.
Approved, April 21, 1993.

Minneapolis

North Shore Bank of Commerce, Duluth, Minnesota —
investment in bank premises.
Approved, April 21, 1993.

New York

Salamanca Trust Company, Salamanca, New York —
investment in bank premises.
Approved, April 21, 1993.

Richmond

State Bank of Alleghenies, Covington, Virginia —
investment in bank premises.
Approved, April 20, 1993.

investment

investment

investment

BANKS, STATE MEMBER




San Francisco

Commercial Bank of Fremont, Fremont, California —
purchase the Center Plaza Building.
Approved, April 20, 1993.

to

Dallas

Sulphur Springs State Bank, Sulphur Springs, Texas —
to acquire the BSC Alliance Limited Company,
Longview, Texas.
Approved, April 23, 1993.

H.2
APRIL 18, 1993
PAGE 7

TO

APRIL 23, 1993

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

CAPITAL STOCK
Boston

Community Bancorp, Inc., Hudson, Massachusetts —
redemption of shares.
Approved, April 23, 1993.

Kansas City

First State Bancshares, Inc., Scottsbluff, Nebraska - redemption of shares.
Approved, April 22, 1993.

CHANGE IN BANK CONTROL
Boston

Community Bancorp, Inc., Hudson, Massachusetts —
change in bank control.
Permitted, April 23, 1993.

Minneapolis

First Park County Bancshares, Inc., Livingston,
Montana — change in bank control.
Returned, April 19, 1993.

Kansas City

First State Bancshares, Inc., Scottsbluff, Nebraska - change in bank control.
Permitted, April 22, 1993.

COMPETITIVE FACTORS REPORTS




Chicago

Associated Bank Green Bay, National Association,
Green Bay, Wisconsin, proposed merger with Farmers
State Bank, Pound, Wisconsin — report on
competitive factors.
Submitted, April 20, 1993.

Kansas City

Campbell State Bank, Campbell, Nebraska, proposed
acquisition of the assets and assumption of the
liabilities of the Franklin branch of Union Bank &
Trust Co., Lincoln, Nebraska — report on
competitive factors.
Submitted, April 21, 1993.

Dallas

Coastal Banc Savings Association, Houston, Texas,
proposed purchase of assets and assumption of
liabilities of the branches of Bank United of Texas
FSB, Houston, Texas, at 2308 U.S. Highway 77,
Harlingen; and 511 Nolana, McAllen, Texas — report
on competitive factors.
Submitted, April 19, 1993.

H.2
APRIL 18, 1993
PAGE 8

TO

APRIL 23, 1993

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

COMPETITIVE FACTORS REPORTS




Dallas

Coastal Banc Savings Association, Houston, Texas,
proposed purchase of assets and assumption of
liabilities of the branches of Guardian Savings and
Loan Association, Houston, Texas, at 10383 Leopard,
Corpus Christi; 103 American Plaza; 4060 Weber
Road; 6100 Broadway, San Antonio; 4400 Vance
Jackson Street; 6610 Blanco; 1192 West Dallas,
Conroe; 227 Meyer Street, Sealy, and 301 East Main
Street, Brenham, Texas — report on competitive
factors.
Submitted, April 19, 1993.

Cleveland

Colonial Federal Savings Bank, Beliefontaine, Ohio,
proposed merger with American Community Bank, N.A.,
Lima, Ohio — report on competitive factors.
Submitted, April 23, 1993.

Philadelphia

Covenant Bank for Savings, Haddonfield, New Jersey,
proposed merger with New Jersey Savings and Loan
Association, Atco, New Jersey — report on
competitive factors.
Submitted, April 22, 1993.

Kansas City

First National Bank, Schuyler, Nebraska, proposed
merger with Howells Bank, Howells, Nebraska —
report on competitive factors.
Submitted, April 21, 1993.

S t . Louis

First National Bank of Henderson, Henderson,
Kentucky, proposed merger with Citizens Bank of
Henderson County — report on competitive factors.
Submitted, April 20, 1993.

San Francisco

Marin Community Bank, N.A., San Rafael, California,
proposed merger with Metro Commerce Interim
National Bank — report on competitive factors.
Submitted, April 22, 1993.

Minneapolis

State Bank of Foley, Foley, Minnesota, proposed
merger with First State Bank of Gilman, Gilman,
Minnesota — report on competitive factors.
Submitted, April 21, 1993.

H.2
APRIL 18, 1993
PAGE 9

TO

APRIL 23, 1993

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

COMPETITIVE FACTORS REPORTS
San Francisco

Valley of the Rogue Bank, Rogue River, Oregon,
proposed merger with Family Bank of Commerce,
Grants Pass, Oregon — report on competitive
factors.
Submitted, April 22, 1993.

Boston

Vermont National Bank, Brattleboro, Vermont, proposed
acquisition of certain assets and assumption of
certain liabilities of two branches of Randolph
National Bank, Randolph, Vermont — report on
competitive factors.
Submitted, April 23, 1993.

EXTENSIONS OF TIME
Richmond

FCNB Corp., Frederick, Maryland — extension to
July 25, 1993, within which to acquire shares of
Hometown Bancorp, Myersville, Maryland.
Granted, April 23, 1993.

Atlanta

SunTrust Banks, Inc., Atlanta, Georgia — extension
to August 1, 1993, to acquire shares of BHC
Holdings, Inc., Philadelphia, Pennsylvania, and
engage in securities brokerage activities.
Granted, April 21, 1993.

Atlanta

SunTrust Banks, Inc., Atlanta, Georgia — extension
to August 7, 1993, to acquire shares of Peoples
Bank of Lakeland, Lakeland, Florida.
Granted, April 21, 1993.

Chicago

Withee Bank Shares, Inc., Withee, Wisconsin —
extension to July 20, 1993, to engage de novo in
the development and ownership of a low income
housing project.
Granted, April 21, 1993.




H.2
APRIL 18, 1993
PAGE 10

TO

APRIL 23, 1993

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

MEMBERSHIP
Minneapolis

Community Trust Company, Sioux Falls, South Dakota —
to become a member of the Federal Reserve System.
Returned, April 20, 1993.

Cleveland

Integra Bank / Pittsburgh, Pittsburgh, Pennsylvania - to become a member of the Federal Reserve System.
Approved, April 21, 1993.

RESERVE BANK SERVICES
Director, FRBO

Federal Reserve Bank of Dallas — to offer peak and
off-peak electronic check presentment services,
off-peak fine-sort capture enhancement, and lower
fees for the payor bank services microfilm
enhancement.
Approved, April 22, 1993.

SECURITIES REGULATION
Director, BS&R




Over-the-counter stocks — revised list of OTC stocks
subject to margin requirements, and a list of
foreign margin stocks, effective May 10, 1993.
Published, April 23, 1992.

H.2
APRIL 18, 1993
PAGE 11

ADDITIONS AND CORRECTIONS
TO

APRIL 23, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
First Commercial Corporation, Little Rock, Arkansas - request for reconsideration of Board7s approval
of the application to acquire First City, Inc.,
Memphis, Tennessee, and First City National Bank.
Denied, April 16, 1993.
ENFORCEMENT
Silicon Valley Bancshares, Inc., Santa Clara,
California, and Silicon Valley Bank — issuance of
a consent order.
Announced, April 16, 1993.

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

BANK HOLDING COMPANIES
GC

FirsTier Financial, Inc., Omaha, Nebraska —
determination that sale of assets and assumption of
liabilities of the West Point branch and Wayne
branch' of FirsTier Savings Bank constitutes
divestiture.
Granted, March 31, 1993.

COMPETITIVE FACTORS REPORTS




San Francisco

Norwest Bank of Arizona, National Association,
Scottsdale, Arizona, proposed purchase of the
assets and assumption of the liabilities of
Citibank (Arizona), Phoenix, Arizona — report on
competitive factors.
Submitted, April 13, 1993.

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

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 r k

Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
___________Notice Only___________
Chemical Bank, New York, New York, to establish an offsite
electronic facility at Shoprite Supermarkets Inc., 2795 Richmond
Avenue, Staten Island, New York, New York.l/

5/17/93

Chemical Bank, New York, New York, to establish an offsite
electronic facility at Mount Sinai Medical Center, Klingenstein
Clinical Center, 1450 Madison Avenue, New York, New York.l/

5/17/93

Sterling Bancorp, New York, New York, to acquire certain assets
of Zenith Financial Corp. Great Neck, New York, and, thereby
,
to engage in consumer and commercial finance activities.

4/18/93

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
China Trust Holding Corp., New York, New York, China Trust
Capital B.V., Amsterdam, the Netherlands, and China Trust
Holdings, Curacao, Netherlands Antilles, to acquire 100
percent of the voting shares of Trans Bankcorp, Inc.,
Monterey Park, California.!/
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
None.
SECTION IV
Applications Not Involving
______Public Comment_____
None.




5/10/93 2/

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.
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 24. 1993
NAME OF BANK

RATING

EXAMINATION DATE

None.

1/
2/
3/
4/

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
Susquehanna Bancshares, Inc., Lititz, Pennsylvania,
5/20/93
sole shareholder of Farmers First Bank, Lititz,
Pennsylvania, requests approval of the merger of Farmers
First Savings Bank, a Savings Association Insurance Fund
member, with and into Farmers First Bank, a Bank Insurance
Fund member, pursuant to § 5(d)(3) of the FDI Act, as amended.
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:

5/12/93
4/26/93

Susquehanna Bancshares, Inc., Lititz, Pennsylvania, requests approval to
merge Central Financial Corporation, Columbia, Pennsylvania, pursuant to
§ 3(a)(5) of the BHC Act.
Newspaper Comment Period Expires:
Federal Register Comment Period Expires:

5/20/93
N/A

Central Financial Corporation, Columbia, Pennsylvania requests approval to
form a bank holding company by acquiring 100% of Farmers First Savings Bank,
Columbia, Pennsylvania, pursuant to § 3(a)(1) of the BHC Act.
(The acquisition
will take place after Central Financial Corporation's wholly-owned subsidiary,
Central Savings and Loan Association, converts from a PA savings and loan
association into a PA savings bank under the name of Farmers First Savings Bank.)
Newspaper Comment Period Expires:
Federal Register Comment Period Expires:

5/20/93
N/A

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 23, 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 mode rate-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

East Penn Bank
731 Chestnut Street
P.O.Box 869
Emmaus, PA 18049

12/14/92

Satisfactory




Federal Reserve Bank of Cleveland
Applications Bulletin
For Week Ending April 24, 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
Received Section 4 ( c ) (8) application
from Cardinal Bancshares, Inc.,
Lexington, Kentucky, on April 23, 1993,
to acquire Mutual Federal Savings Bank,
Somerset, Kentucky.

* Not Yet Known #

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 23, 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 23, 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.
Premier Bank & Trust Co.
124 Middle Avenue
Elyria, Ohio 44036
(216) 329-8000
Rating:
Satisfactory
Exam Date:
January 11, 1993




-2-

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

Comment Period Ending Date

Application

First Citizens BancShares, Inc., Raleigh,
North Carolina, to have its subsidiary,
First-Citizens Bank & Trust Company, Raleigh,
North Carolina, purchase certain assets and
assume certain liabilities of the Roanoke
Rapids, Shallotte, and Weldon, North Carolina,
branch offices of Pioneer Savings Bank, Inc.,
Rocky Mount, North Carolina.*

5-10-93

Southern BancShares (N.C.), Inc., Mount
Olive, North Carolina, to have its sub­
sidiary, Southern Bank and Trust Company,
Mount Olive, North Carolina, purchase certain
assets and assume certain liabilities of the
Murfreesboro and Windsor, North Carolina,
branch offices of Pioneer Savings Bank, Inc.,
Rocky Mount, North Carolina.*

5-10-93

The State Bank of the Alleghenies, Covington,
Virginia, to establish a branch at the inter­
section of Route 220 and Kingtown Lane,
Hot Springs, Virginia.*

5-16-93

CCB Financial Corporation, Durham, N. C., to
have its subsidiary, Central Carolina Bank and
Trust Company, Durham, N. C., purchase certain
assets and assume certain liabilities of ten
Greensboro, N. C., offices of 1st Home Federal
Savings and Loan Association of the Carolinas,
F.A., Greensboro, N. C.*

Not yet available

BB&T Financial Corporation, Wilson, N. C., to
have its subsidiary, Branch Banking and Trust
Company, Wilson, N. C., purchase certain assets
and assume certain liabilities of eight
Winston-Salem, N. C., offices of 1st Home Federal
Savings and Loan Association of the Carolinas,
F.A., Greensboro, N. C., and one office in
Raleigh, N. C.*

Not yet available

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Union Bancorp, Inc., Bowling Green,
Virginia, for prior approval to merge
with Northern Neck Bankshares Corporation,
Warsaw, Virginia.*

*Application is subject to CRA requirements.



Comment Period Ending Date

5-22-93

-3-

Federal Reserve Bank of Richmond

Section III - Applications Subject to Federal Register Notice
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.**

5-13-93

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.**

5-13-93

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

5-13-93

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

5-17-93

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.**

5-17-93

Section IV - Application Not Subject to
Federal Register Notice or Newspaper Notice

FCNB Bank, Frederick, Maryland, for membership
in the Federal Reserve System.

**Expiration of comment period specified in the Federal Register.



-4F e d e r a l R e s e rv e Bank o f Richm ond

Availability of CRA Public Evaluations
Week ending April 23, 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____

Rating

F & M Bank-Central Virginia
P. 0. Box 6096
Charlottesville, Virginia 22906

1-11-93

Satisfactory

Bank of Northumberland, Incorporated
P. 0. Box 9
Heathsville, Virginia 22473

1-19-93

Satisfactory




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending April 23. 1993
Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Commercial Bank of Florida
Miami, Florida
To establish a branch located at
8690 Sunset Drive, Miami, Florida.

05-19-93*

Commercial Bank of Florida
Miami, Florida
To establish a branch located at
8888 Coral Way, Miami, Florida.

05-19-93*

SouthTrust Bank of West Florida
St. Petersburg, Florida
To establish a branch located at 1010
American Eagle Boulevard, Sun City
Center, Florida.

05-22-93*

West Coast Bank
Sarasota, Florida
To establish a branch located at
3900 South Tamiami Trail, Sarasota,
Florida.

05-12-93*

Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

Mobile National Corporation
Mob i1e , A1abama
To acquire South Alabama Bancorporation,
Inc., Brewton, Alabama, and thereby
directly acquire First National Bank of
Brewton, Brewton, Alabama, pursuant to
Section 3 ( a ) (5) of the Bank Holding
Company A c t .

Not yet available*

♦Subject to Provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending April 23. 1993
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

First Southwest Corporation
McComb, Mississippi
Change in control notice by James W.
Covington, to acquire up to an additional
20.89 percent of the outstanding shares
of First Southwest Corporation, McComb,
Mississippi.
The acquisition will increase
Mr. Covington's ownership to between 21.28
percent and 34.1 percent.
Section 3 - Applications Subject

Not yet available*

to Federal Register Only

Application

Comment Period Ending Date

None.
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
SouthTrust Corporation
Birmingham, Alabama
Along with its 2nd-tier bank holding
company, SouthTrust of Florida, Inc.,
Jacksonville, Florida, waiver request
related to the acquisition of Central
National Bank, Sarasota, Florida,
pursuant to Section 3 ( a ) (3) of the Bank
Holding Company Act.

♦Subject to Provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week: Ending April 23. 1993
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Barnett Banks, Inc.
Jacksonville, Florida
Waiver request related to the internal
reorganization whereby Barnett Bank of Atlanta,
Atlanta, Georgia, will be transferred from First
City Bancorp, Inc., to its parent company,
Suncoast Bancorp, Inc., Jacksonville, Florida,
pursuant to Section 3 ( a ) (3) of the Bank Holding
Company Act.
West Coast Bank
Sarasota, Florida
Request for increase in bank premises.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending April 23. 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
lowand
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

Columbia Bank
Post Office Box 5079
Tampa, Florida 33675
(813)247-4811
Georgia First Bank
Post Office Box 2342
Gainesville, Georgia
(706)535-8000




Needs to Improve

Satisfactory
30503

Date
01-11-93

01-11-93

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

Type

Application

Branch
Reg K-OT

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

N

- 4-16-93

Branch
Reg K-OT

Bank Mees & Hope N.V.
Rotterdam, The Netherlands
Establish an Agency office in New York,
New York*

N

- **

Oakar

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

N

- 4-30-93

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

N

- 4-19-93

Branch

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

N

- **

Branch

Royal American Bank
Inverness, Illinois
1000 Tower Lane
Bensenville, Illinois*

N




5-14-93

Federal Reserve Bank of Chicago

Type

Section II - Applications Subject to Both Newspaper and Federal
Register Notice
Comment Period
Ending Date
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

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 - **

Y-2

Suburban Bancorp, Inc.
Palatine, Illinois
Huntley Bancshares, Inc.
Huntley, Illinois
State Bank of Huntley
Huntley, Illinois*

FR - 4-26-93
N - **

Y-l

Farmers & Traders Bancshares, Inc.
Shabbona, Illinois
Farmers and Traders State Bank
Shaboona, Illinois*

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




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

and Federal
Comment Period
Ending Date

Type

Application

Y-l

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

FR - 4-29-93
N - 4-30-93

Y-l

First Bancorporation, Inc.
Sparta, Wisconsin
First Bank of Sparta
Sparta, Wisconsin*

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

COC-HC

ASB Bankcorp, Inc.
Adrian, Michigan
Fern Shierson and Douglas J.
Shierson (acquire 6.5%— current
ownership is 9.46%)

FR - 5-3-93
N
- 5-9-93

Y-l

FMSB Bancorp
Neola, Iowa
Farmers & Merchants State Bank
Neola, Iowa*

FR - 5-10-93
N - **

Y-l

Peoples Financial Corporation
Colfax, Illinois
Peoples State Bank
Colfax, Illinois*

FR - 5-17-93
N - **

COC-HC

Farmers National Bancorp, Inc.
Geneseo, Illinois
William Hanford Trust

FR - **
N - **

Y-l

First Community Financial Corporation
Elgin, Illinois
First Community Bank (in organization)
Elgin, Illinois*

FR - **
N - **

CoC-HC

Lincolnshire Bancshares, Inc.
Lincolnshire, Illinois
Lincolnshire Bancshares, Inc. Employee
Plan and Trust
Lincolnshire, Illinois

FR - **
N - **




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

Twe

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

Y-4

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

4(c) (8)

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

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 - 4-14-93

FR -

**

FR - 4-26-93

FR - 4-26-93

Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal
Notice Only
(Continued)

Register

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)

Mont fort 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 - 5-10-93




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

Type

Application

Y-4

Amcore Financial, Inc.
Rockford, Illinois
Amcore Investment Banking, Inc.
Rockford, Illinois— ?
Provide advice
and arrange for the private placement
of debt and equity securities

Y-4

Amcore Financial, Inc.
Rockford, Illinois
Amcore Investment Banking, Inc.
Rockford, Illinois— Investment and
financial advisory services

FR - 3-31-93

4(c)(8)

Comerica Incorporated
Detroit, Michigan
University Club Limited Dividend Housing
Association Limited Partnership,
Detroit, Michigan— CDC-equity investment
in a low income housing project

FR - **




FR - 3-31-93

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

Application

RoS

Maxwell Bancorporation
Maxwel1, Iowa
to redeem the entire stock ownership from
certain shareholders

RoS

First Lena Corporation
Lena, Illinois
To redeem 618 shares of its common stock

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 23, 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
-The Blissfield State Bank
204 East Jefferson Street, Box 40
Blissfield, Michigan
49228
(517) 486-2151




EXAMINATION DATE

1/18/93

RATINGS

S

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING APRIL 23, 1993

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

None.

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.




End of Comment Period

FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, M issouri
AVAILABILITY OF (!RA PUBLIC DISCLOSURES
Identification o f Ratings:
O utstanding reco rd 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
m eet the credit needs o f its entire delineated com m unity, including low - and m oderate-incom e
neighborhoods, in a manner consistent w ith its resources and capabilities.
S atisfacto ry reco rd 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 m eet the credit needs
o f its entire delineated comm unity, including low - and moderate- incom e neighborhoods, in a manner
consistent w ith its resources and capabilities.
N eeds to im prove reco rd o f m eeting com m unity credit needs

A n institution in this group needs to im prove its overall record o f ascertaining and helping to m eet the
credit needs o f its entire delineated comm unity, including low - and m oderate-incom e neighborhoods, in a
m anner consistent w ith its resources and capabilities.
S ubstantial 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 m eet the
credit needs o f its entire delineated comm unity, including low - and m oderate-incom e neighborhoods, in a
m anner consistent w ith its resources and capabilities.

FOR THE WEEK ENDING

Name of Bank
None




April 23, 1993

Bank Address

Examination
Date

Examination
Rating

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

Application
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

First Bank System, Inc., Mpls, MN
and its subsidiary Central Bancorporation, Inc., Denver, CO
For their subsidiary bank, Colorado
National Bank, Denver, Colorado, to
merge with Central Bank/Bank Western,
N.A., Denver, Colorado.

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*

4-23-93
(Federal Register)

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

4-23-93
(Federal Register)

* Subject to CRA




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

Application
Russell Bauman
To increase his ownership interest
from 24.75% to 49.75% of Kerkhoven
Bancshares, Inc., Kerkhoven, MN
Norwest Corporation
Mpls, MN
To acquire, via merger, 100% of the
voting shares of M&D Holding Company,
Spring Lake Park, MN*

5-3-93
(Federal Register)

Not yet available

Section III - Applications Subject
to Federal Register Notice Only
Application

Comment Period
Ending Date

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.

5-13-93

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

5-13-93

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.

5-13-93

* Subject to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Farmers State Bank
Victor, MT
To increase its investment
in bank premises by $35M.




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending April 23, 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 (S ) EXAMINED
None.




DATE OF EXAMINATION

CRA RATING

Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION
First Nebraska Bank, Valley,
Nebraska, for prior approval to
establish a branch at 1118 8th
Street, Columbus, Nebraska.

COMMENT PERIOD ENDING DATE
Not Available

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION

COMMENT PERIOD ENDING DATE

Pinnacle Bancorp, Inc., Central City,
Nebraska, for prior approval to
acquire 100 percent of the voting
shares of Centennial Bancorporation,
Inc., Thermopolis, Wyoming.*

Not Available

C L C Enterprises, Inc., Nelson,
Nebraska, for prior approval to
continue to engage in the activity of
making and servicing loans.*

Not Available

Rice Insurance Agency, Strasburg,
Colorado, for prior approval to
acquire 91.1 percent of the
outstanding voting shares of The
Byers State Bank, Byers, Colorado.*

Not Available

Nowata Bancshares, Inc., Nowata,
Oklahoma, for prior approval to
become a bank holding company through
the acquisition of 100 percent of
First National Bank of Nowata,
Nowata, Oklahoma.*

Not Available

Ronald L. Moore, Strasburg, Colorado,
for prior approval to increase his
ownership in Rice Insurance Agency,
Strasburg, Colorado, from 21 percent
to 30 percent.

Not Available

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




COMMENT PERIOD ENDING DATE

Federal Reserve Bank of Kansas City

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
Rice Insurance Agency, Inc.,
Not Available
Strasburg, Colorado, for prior
approval to redeem 238 shares of its
outstanding 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.
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.




Federal Reserve Bank of Kansas City

Bank/Location

Exam Date

CRA Public
Date

CRA
Rating

Tri State Bank
616 East Speer Blvd.
Denver, Colorado 80203

01-11-93

04-14-93

Satisfactory

Barton County State Bank
P.O. Box 232
Lamar, Missouri
64759-0232

01-11-93

04-15-93

Outstanding

Riverton State Bank
P.O. Drawer BE
Riverton, Wyoming 82501-1230

01-25-93

04-22-93

Satisfactory

Bank of Laramie
P.O. Box 1027
Laramie, Wyoming

01-25-93

04-22-93

Satisfactory

82070-1027

♦Application is subject to CRA.




FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF APRIL 19, 1993
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

♦Section 3(a)(3) application by
First Bancorp of Louisiana, Inc., West Monroe, LA,
to acquire Southern National Bank at Tallulah,
Tallulah, LA

N/A

♦Section 3(a)(3) application by
First Bancorp of Louisiana, Inc., ESOP, West Monroe, LA,
to acquire Southern National Bank at Tallulah,
Tallulah, LA

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
(Previously reported during the week of 4-12-93)
♦Section 3(a)(1) application by
SSSB Delaware Bancorporation, Inc., Dover, DE, to
acquire Sulphur Springs State Bank, Sulphur Springs, TX
(Previosly reported during the week of 4-12-93)
♦Section 3(a)(3) application by
Big Bend Bancshares Corp., Presidio, TX, to acquire
The Marfa National Bank, Marfa, TX
(Previously filed during the week of 3-22-93)
♦Section 3(a)(3) application by
Rio Bancshares, Inc., Wilmington, DE, to acquire
The Marfa National Bank, Marfa, TX
(Previously filed during the week of 3-22-93)




93/05/12

93/05/12

93/04/25

93/04/25

Change in Control Notice by
Jess A. Fields, Humble, TX; Endre Rosejoe, London, England;
Steven J. Gibson, Magnolia, TX; and Robert N. Murray; Ralph S.
O'Conner; Stanley D. Stearns; John H. Lindsey; Schuyler M.
Tilney; William T. Webber, Jr.; Louis B. Cushman; John H.
Styles; Richard K. Gordon; Peder Monsen; Albert B. Fay, Jr.;
Sidney S. McClendon, III; Clive Runnells; Thomas P. Runnells,
Houston, TX, to acquire an interest in Crosby Bancshares,
Inc., Crosby, TX
(Previously reported during the week of 3-8-93)
Change in Control Notice by
Frank E. Morris, and Estate
Gainesville, TX, to acquire
Bancorp, Inc., Gainesville,
(Previously reported during

93/05/06

of Fletcher E. Morris,
an interest in Red River
TX
the week of 3-15-93)

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

93/05/02

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 19, 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




Date of
Examination

CRA Rating

FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 4/23/93
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

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. Reg.:

5/21/93

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. Rea.:

5/21/93

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

Comment Period Ending Date

First Hawaiian, Inc., Honolulu, Hawaii, to
acquire Pioneer Fed BanCorp, Inc., Honolulu,
Hawaii.

Fed. Rea.:

Not available

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 4/23/93
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending April 23, 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 noncomoliance 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