View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1995, No. 17
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending April 29, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS
TESTIMONY AND STATEMENTS
One-dollar coin for the current one-dollar banknote - statement by Governor Kelley to the Subcommittee
on Domestic and International Monetary Policy of
the House Committee on Banking and Financial
Services, May 3, 1995.
Authorised, April 28, 1995.
BANK HOLDING COMPANIES
Illinois Financial Services, Inc., Chicago,
Illinois -- request for reconsideration of Board’s
approval of application to acquire Archer Financial
Corporation, Archer National Bank, and Chicago
National Bank.
Denied, April 24, 1995.
BANK MERGERS
Premier Bank, Inc., Wytheville, Virginia -- to
acquire certain assets and assume certain
liabilities of four branches of NationsBank of
Virginia, N.A., Richmond, Virginia, and to
establish branches.
Approved, April 24, 1995.
BANKS. FOREIGN
Banco Frances del Rio de la Plata S.A., Buenos Aires,
Argentina -- to establish a representative office
in New York, New York.
Approved, April 24, 1995.
Farmers Bank of China, Taipei, Taiwan -- to establish
a state'licensed, limited branch in Los Angeles,
California.
Approved, April 24, 1995.
INTERNATIONAL OPERATIONS




Chemical Bank, New York, New York -- to make an
investment in Chemical Investment Bank Limited,
London, England.
Permitted, April 28, 1995.

H 2
APRIL 24, 1995
PAGE 2

TO

APRIL 28, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS
REGULATIONS AND POLICIES
Public welfare investments by state member banks
delegation of authority to Federal Reserve Banks to
approve certain public welfare investments (Docket
R-0877).
Approved, April 25, 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




Atlanta

Bank of Nashville, Nashville, Tennessee -- to
establish an automated teller machine in the
Cummins Station office building, 209 10th Street
Avenue, South Nashville, Tennessee.
Approved, April 28, 1995.

Richmond

F & M Bank-Winchester, Winchester, Virginia -- to
establish a branch at 1855 Senseny Road.
Approved> April 28, 1995.

Chicago

Fifth Third Bank of Central Indiana, Indianapolis,
Indiana -- to establish a branch at 110 North
Harrison Street, Shelbyville, Indiana.
Approved, April 27, 1995.

Atlanta

Merchants Bank, Vicksburg, Mississippi - - t o
establish an automatic teller machine in the
Vicksburg Outlet Mall, 4000 South Frontage Road.
Approved, April 28, 1995.

H.2
APRIL 24, 1995
PAGE 3

TO

APRIL 28, 1995

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

BANK BRANCHES. DOMESTIC
Kansas City

Shoshone First Bank, Cody, Wyoming -- to establish a
branch at 1825 17th Street.
Approved, April 27, 1995.

Secretary

Signet Bank / Virginia, Richmond, Virginia --to
establish a branch at 7799 Leesburg Pike, Tysons
Corner, Virginia, and an electronic funds transfer
facility at 1675-Y Crystal Square Arcade, Crystal
Square Five Building, 1755 Jefferson Davis Highway,
Ar1 ingt on, V irg in ia.
Approved, April 24, 1995.

Dallas

Texas State Bank, McAllen, Texas - - t o establish a
branch at 2009 West Expressway 83, Weslaco, Texas.
Approved, April 25, 1995.

BANK HOLDING COMPANIES




Dallas

A.N.B. Holding Company, Ltd., Terrell, Texas -- to
acquire ANB Corporation, ANB Delaware Corporation,
and American National Bank of Terrell.
Approved, April 27, 1995.

Kansas City

Ameribank Corporation, Shawnee, Oklahoma --to
acquire United Oklahoma Bankshares, Inc, Del City,
Oklahoma.
Approved, April 27, 1995.

San Francisco

American River Holdings, Sacramento, California - - t o
acquire American River Bank.
Approved, April 28, 1995.

Dallas

ANB Delaware Corporation, Terrell, Texas --to
acquire American National Bank of Terrell.
Approved, April 27, 1995.

Dallas

Brazosport Corporation-Nevada, Inc., Carson City,
Nevada -- to acquire First Commerce Bank, Corpus
Christi, Texas.
Approved, April 27, 1995.

H.2
APRIL 24, 1995
PAGE 4

TO

APRIL 28, 1995

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

BANK HOLDING COMPANIES




Dallas

Bryant Irvin Delaware Corporation, Dover, Delaware -to acquire Citizens National Bank, Fort Worth,
Texas.
Approved, April 26, 1995.

Minneapolis

Community First Bankshares, Inc., Fargo, North Dakota
-- request for waiver from filing an application to
acquire Community First Interim National Bank,
Hankinson, North Dakota.
Granted, April 27, 1995.

Minneapolis

Community First Bankshares, Inc., Fargo, North Dakota
--t o acquire Community First Bankshares, Inc., and
Snow Bankcorp, Inc., Dillon, Colorado.
Approved, April 28, 1995.

St. Louis

CSB Financial Group, Inc., Centralia, Illinois -- to
engage de novo in lending activities.
Withdrawn, April 26, 1995.

St. Louis

Cuivre River Bancshares, Inc., Old Monroe, Missouri - to acquire Bank of.Old Monroe.
Approved, April 24, 1995.

Cleveland

First Financial Bancorp, Monroe, Ohio -- to acquire
Peoples Bank and Trust Company, Sunman, Indiana.
Approved, April 28, 1995.

Director, BS&R

First Insurance Finance Company, Des Moines, Iowa -relief from certain commitments in connection with
determination that FIFCO has satisfactorily
complied with the conditions and commitments in the
FIFCO order to acquire Farmers and Miners State
Bank, Lucas, Iowa.
Granted, April 28, 1995.

Kansas City

First Mountain Company, Montrose, Colorado --to
acquire First Mountain State Bank.
Approved, April 26, 1995.

Chicago

First Mutual Bancorp, M.H.C., Decatur, Illinois -- to
acquire First Mutual Bank, S.B., and engage in
lending activities.
Approved, April 26, 1995.

H.2
APRIL 24, 1995
PAGE 5

TO

APRIL 28, 1995

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

BANK HOLDING COMPANIES




St. Louis

First Tennessee National Corporation, Memphis,
Tennessee -- to acquire Financial Investment
Corporation, Springdale, Arkansas, and First
National Bank of Springdale.
Approved, April 25, 1995.

St. Louis

Mercantile Bancorporation Inc., St. Louis, Missouri
- to acquire Mercantile Bank of Lebanon, Lebanon,
Missouri.
Approved, April 25, 1995.

St. Louis

Mercantile Bancorporation Inc., St. Louis, Missouri
- to squire Plains Spirit Financial Corporation,
Davenport, Iowa, and First Federal Savings Bank,
and engage in credit related insurance activities
in connection with extensions of credit by thrift.
Approved, April 26, 1995.

St. Louis

Mountain View Bancshares, Inc., Mountain View,
Arkansas -- to acquire Bank of Mountain View.
Approved, April 26, 1995.

St. Louis

P & W Bancshares, Inc., Little Rock, Arkansas -- to
engage de novo in lending activities through
acquisition of single family first real estate
mortgage loans from Central Bank & Trust, Little
Rock, Arkansas.
Permitted, April 26, 1995.

St. Louis

Pleasant Hope Bancshares, Inc., Pleasant Hope,
Missouri -- to acquire Premier Bancshares, Inc.,
Jefferson City, Missouri.
Approved, April 28, 1995.

St. Louis

Premier Bancshares, Inc., Jefferson City, Missouri to acquire Premier Bank.
Approved, April 28, 1995.

St. Louis

Union Illinois Company Employee Stock Ownership
Trust, Swansea, Illinois -- to retain common stock
of Union Illinois Company.
Approved, April 27, 1995.

H. 2

APRIL 24, 1995
PAGE 6

TO

APRIL 28, 1995

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

BANK HOLDING COMPANIES
Chicago

Union-Calhoun Investments, Ltd., Rockwell City,
Iowa -- to purchase the assets of Keith Insurance
and engage in general insurance agency and tax
preparat ion act iv it ie s .
Permitted, April 26, 1995.

Minneapolis

Western Bancorporation, Inc., Duluth, Minnesota -- to
engage de novo in industrial banking activities
through Premier Credit Corporation.
Permitted, April 26, 1995.

BANK MERGERS
Minneapolis

Bank of Ellendale, Ellendale, Minnesota -- request
for waiver from filing an application to acquire
Farmers State Bank of Hope, Hope, Minnesota.
Granted, April 27, 1995.

BANK PREMISES
Atlanta

Citizens First Bank of Ocala, Ocala, Florida -investment in bank premises.
Approved, April 25, 1995.

Chicago

First Commercial Bank, Chicago, Illinois --investment
in bank premises.
Returned, April 28, 1995.

San Francisco

Sierra Bank of Nevada, Reno, Nevada -- investment in
bank premises.
Approved, April 28, 1995.

BANKS. FOREIGN




New York

Banco di Napoli, S.p.A. -- agreement pursuant to
section 8 of the Securities and Exchange Act of
1934 concerning extensions of credit to securities
brokers and dealers.
Approved, April 24, 1995.

H.2

APRIL 24, 1995
PAGE 7

TO

APRIL 28, 1995

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

BANKS. STATE MEMBER
New York

Bank of New York, New York, New York --to acquire a
limited partnership in L.P.A. Delaware Limited
Partnership, which purchases and completes
construction of low income housing.
Withdrawn, April 25, 1995.

CHANGE IN BANK CONTROL
New York

Chemung Financial Corporation, Elmira, New York -change in bank control.
Returned, April 26, 1995.

Chicago

Heritage Community Bancorporation, Inc., Glenwood,
Illinois -- change in bank control.
Permitted, April 27, 1995.

San Francisco

Pend Oreille Bancorp, Newport, Washington -- change
in bank control.
Permitted, April 26, 1995.

COMPETITIVE FACTORS REPORTS




Boston

Affiliated Community Bancorp, Inc., Waltham,
Massachusetts, proposed acquisition of the assets
and assumption of the liabilities of Lexington
Savings Bank, Lexington, Massachusetts -- report on
competitive factors.
Submitted, April 26, 1995.

St. Louis

Bank of Mississippi, Tupelo, Mississippi, proposed
merger with First Federal Bank For Savings,
Starkville, Mississippi -- report on competitive
factors.
Submitted, April 25, 1995.

St. Louis

Bank of Mitchell, Mitchell, Indiana, proposed merger
with The First National Bank of Paoli, Paoli,
Indiana -- report on competitive factors.
Submitted, April 25, 1995.

Cleveland

Bank One, Kenosha, N.A., Kenosha, Wisconsin, proposed
merger with Bank One, Racine, N.A., Racine,
Wisconsin -- report on competitive factors.
Submitted, April 25, 1995.

H.2
APRIL 24, 1995
PAGE 8

TO

APRIL 28, 1995

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

COMPETITIVE FACTORS REPORTS




Richmond

Carrolton Bank, Baltimore, Maryland, proposed
acquisition of certain assets and assumption of
certain liabilities of the Conkling branch in
Baltimore of First Union National Bank of Maryland,
Rockville, Maryland -- report on competitive
factors.
Submitted, April 28, 1995.

Kansas City

Commerce Bank, National Association, Leavenworth,
Kansas, and Commerce Bank, Lawrence, proposed
merger with Commerce Bank National Association,
Kansas City, Kansas -- report on competitive
factors.
Submitted, April 24, 1995.

Kansas City

Commerce Bank, N.A., Lenexa, Kansas, proposed merger
with Commerce Bank, N.A., Kansas City, Missouri -report on competitive factors.
Submitted, April 24, 1995.

Kansas City

Community Bank, Alma, Nebraska, proposed merger with
Stamford Bank, Stamford, Nebraska -- report on
competitive factors.
Submitted, April 24, 1995.

Minneapolis

Community First Interim National Bank of Hankinson,
Hankinson, North Dakota, proposed acquisition of
the assets and assumption of the liabilities of the
Hankinson branch of First National Bank North
Dakota, Grand Forks, North Dakota -- report on
competitive factors.
Submitted, April 24, 1995.

Minneapolis

Community First National Bank, Fargo, North Dakota,
proposed merger with Community First Interim
National Bank of Hankinson, Hankinson, North Dakota
-- report on competitive factors.
Submitted, April 24, 1995.

H.2
APRIL 24, 1995
PAGE 9

TO

APRIL 28, 1995

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

COMPETITIVE FACTORS REPORTS




Cleveland

Fifth Third Bancorp, Cincinnati, Ohio, proposed
acquisition of the assets and assumption of the
liabilities of Falls Savings Financial, Inc.,
Cuyahoga Falls, Ohio, and Falls Savings Bank -report on competitive factors.
Submitted, April 25, 1995.

Atlanta

First American National Bank, Nashville, Tennessee,
proposed acquisition of the assets and assumption
of the liabilities of Heritage Federal Bank For
Savings, Kingsport, Tennessee -- report on
competitive factors.
Submitted, April 29, 1995.

Minneapolis

First Dakota National Bank, Yankton, South Dakota,
proposed acquisition of the Preston and Vagner
branches of First Federal Bank, fsb, Beresford,
South Dakota -- report on competitive factors.
Submitted, April 29, 1995.

Cleveland

First Seminole Bank, Lake Mary, Florida, proposed
consolidation with Huntington Interim National
Bank, Sebring, Florida -- report on competitive
factors.
Submitted, April 29, 1995.

Dallas

First Texas Bank, Killeen, Texas, proposed merger
with First Texas Bank, Copperas Cove, Texas
report on competitive factors.
Submitted, April 28, 1995.

Philadelphia

Main Line Federal Savings Bank, Villanova,
Pennsylvania, proposed purchase of the IRA deposits
from Colonial National Bank USA, Claymont, Delaware
-- report on competitive factors.
Submitted, April 27, 1995.

H .2

APRIL 24, 1995
PAGE 10

TO

APRIL 28, 1995

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

COMPETITIVE FACTORS REPORTS




Dallas

National Bank of Conroe, Conroe, Texas, proposed
merger with Woodforest National Bank, Houston,
Texas -- report on competitive factors.
Submitted, April 28, 1995.

Chicago

Security Bank, S.B., Springfield, Illinois, proposed
merger with United Bank, S.B. -- report on
competitive factors.
Submitted, April 25, 1995.

Philadelphia

Sun National Bank, Vineland, New Jersey, proposed
purchase of certain assets and assumption of
certain liabilities of four branches of NatWest
Bank National Association, Jersey City, New
Jersey -- report on competitive factors.
Submitted, April 27, 1995.

St. Louis

United Planters Bank of Northeast Mississippi, N.A.,
New Albany, Mississippi, proposed purchase of the
assets and assumption of the liabilities of five
branches of Sunburst Bank, Grenada, Mississippi,
and five branches of United Sputhern Bank,
Clarksdale, Mississippi -- report on competitive
factors.
Submitted, April 28, 1995.

San Francisco

United Savings Bank, FSB, San Francisco, California,
proposed acquisition of certain assets and
assumption of liabilities of United Labor Bank,
Oakland, California -- report on competitive
factors.
Submitted, April 28, 1995.

Minneapolis

Wolf Point
proposed
- report
Submitted,

Acquisition Bank, Wolf Point, Montana,
merger with Citizens First National Bank
on competitive factors.
April 28, 1995.

H.2
APRIL 24, 1995
PAGE 11

TO

APRIL 28, 1995

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

EXTENSIONS OF TIME
Dallas

ANB Corporation, Terrell, Texas -- extension to
August 1, 1995, to acquire ANB Delaware Corporation
and American National Bank of Terrell.
Granted, April 27, 1995.

Cleveland

Banc One Corporation, Columbus, Ohio -- extension to
August 1, 1995, to engage in data processing
activities.
Granted, April 28, 1995.

Kansas City

Barry Limited Partnership, Valparaiso, Nebraska -extension to June 8, 1995, to acquire Valparaiso
Enterprises, Inc.
Granted, April 24, 1995.

San Francisco

First Security Corporation, Salt Lake City, Utah -extension to divest certain property.
Granted, April 25, 1995.

San Francisco

Hanil Bank, Ltd., Los Angeles, California -extension to divest certain property.
Granted, April 25, 1995.

Atlanta

Liberty Shares, Inc., Hinesville, Georgia -extension to July 27, 1995, to engage de novo in
consumer finance and insurance agency activities
through Hinesville Finance, Inc.
Granted, April 27, 1995.

INTERNATIONAL OPERATIONS
Director, BS&R

Chemical Bank, New York, New York -- to make an
investment in Chemical Investment Bank Limited,
London, England.
Approved, April 28, 1995.

Richmond

Virginia Commerce Bank, Arlington, Virginia - - t o
become a member of the Federal Reserve System.
Approved, April 26, 1995.

MEMBERSHIP




H.2
APRIL 24, 1995
PAGE 12

TO

APRIL 28, 1995

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

RESERVE BANK SERVICES




Director, FRBO

Federal Reserve Bank of San Francisco -- to revise
the Other Fed forward and return products at all
offices.
Approved, April 25, 1995.

H .2

ADDITIONS AND CORRECTIONS

APRIL 29, 1995
PAGE 13

TO

APRIL 28, 1995

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

BANK HOLDING COMPANIES
Chicago

First Midwest Bancorp, Inc., Naperville, Illinois -to engage in lending activities.
Withdrawn, April 21, 1995.

COMPETITIVE FACTORS REPORTS




Cleveland

Peoples Savings Bank, Xenia, Ohio, proposed aerger
with Citizens Federal Bank, F.S.B., Dayton, Ohio
report on coapetitive factors.
Subaitted, April 10, 1995.

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, REG ISTER NOTICE -ONLY
.
-Application

Coimeat...Period Ending Date
NONE

SECTION IV - A PPL ICATIONS MPT,, UBJECT .
S
TO
FEDERAL REGISTER.Q. NEWSPAPER N OTICE
R

Application
NONE

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS

institution

Exam ination Data

Rating**

NONE

*Subject to CRA.

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




"N"

Federal Reserve Bank of New York
Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
___________ Notice Only___________
Bank of Smithtown, Smithtown, New York, to establish a
branch office at 836 Fort Salonga Road, Northport,
New York 11768. 1 /

5/30/95

Fleet Bank, Albany, New York, to establish a branch
office at Peter D. Kiernan Plaza, 575 Broadway, Albany,
New York 12207. 1/

5/24/95

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None.

SECTION III

Nonbanking Applications
(subject to Federal Register Notice Only)

None.
SECTION IV
Applications Not Involving
______ Public Comment______
None.

1/ Subject to the provisions of the Community Reinvestment Act.




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 an
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 28. 1995
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 Availables



Section I - APPLICATIONS RECEIVED AND SUBJECT TO NEWSPAPER NOTICE ONLY
NONE
SECTION II - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER
NOTICE
United Financial, M.H.C., Philadelphia, PA requests approval to form a mutual bank
holding company by acquiring at least 51.0% of United Savings Bank, Philadelphia, PA,
pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956, as amended.
Newspaper comment period expires:
Federal Register comment period expires:

5/14/95
5/15/95

Guaranty Bancshares Corporation, Shamokin, PA is the subject of a Change in Bank Control
Notice filed by John and Maureen Moran of Shavertown, PA, who intend to acquire 45.4%
of the bank holding company.
Newspaper comment period expires:
Federal Register comment period expires:

4/24/95
N.Avail

SECTION III - APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL REGISTER NOTICE ONLY
NONE
SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL REGISTER NOTICE OR
NEWSPAPER NOTICE
NONE

1/Subject to provisions of community Reinvestment Act.




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 28, 1995*
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 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

Miners Bank of Lykens
550 Main Street
Lykens, PA

1/9/95

Satisfactory




F ed e r a l R ese r v e B a n k
of C l e v e l a n d
P O ROY AQR7

C l e v e l a n d !ohi o 44i

om

387

APPLICATIONS BULLETIN
(For the week ending April 29,1995)

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY

R c i e b a c a p i a i nfrom I t g aB n / i t b r h
e e v d r n h plcto
ner a k P t s u g ,
on A r l2 , 9 5 t e t b i hab a c a I d a aU i e s t
p i 5 1 9 , o sals r n h t n i n n v r i y
o P n s l a i ,319 P a tD i e I d a a P n s l a i .
f enyvna
rt r v , n i n , e n y v n a

*May 12,1995

R c i e p i rn t c from PremierBankandT u t E yi,
e e v d ro oie
r s , lra
O i , onA r l2 , 1 9 ,t e t b i haCBCT fclt a
ho
p i 4 9 5 o sals
aiiy t
5 1 West C n r lAvenue, D l w r ,O i .
6
eta
eaae ho

*May 1, 1 9
2 95

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

NONE
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY

R c i e S c i n4 c ( )n t c from Mellon Bank C r o a i n
e e v d e t o ()8 oie
oprto,
P t s u g ,P n s l a i ,on A r l2 , 1 9 ,o isit n t a q i e
itbrh e n y v n a
p i 4 9 5 f t net o c u r
C r u F n n i lC r o a i n San F a c s o C l f r i .
e t s iaca o p rto,
r n i c , aiona

Not Y tKnown
e

R c i e S c i n4 c ( )n t c from P e i rF n n i lB n o p Ic, Not Ye Known
e e v d e t o ()8 oie
r m e i a c a a c r , n.
t
V n e u g K n u k , on A r l2 , 1 9 ,o isi t n t e g g i
acbr, etcy
p i 8 9 5 f t net o n a e n
p r i s b ed t p o e s n atvte t r u had novo s b i i r ,
e m s i l a a r c s i g ci i i s h o g e
usday
P e i rD t S r i e ,Ic,V n e u g K n u k .
r m e a a e v c s n. a c b r , e t c y
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE

NONE

*-S b e tt CRA
ujc o
N -Newspaper Comment P r o
eid
F -F d r lR g s e Comment P r o
eea eitr
eid
# -E p c e t End 3 Days from D t o R c i t
xetd o
0
a e f eep



AVAILABILITY OF CRA PUBLIC EVALUATIONS
(pi 2, 1 9 )
Arl 8 9 5
The f l o i g saemember b n s h v b e examined by t eF d r l R s r e Bank o
o l w n tt
ak ae en
h eea e e v
f
C e e a df rc m l a c w t The Community R i v s m n A t A p b i e a u t o document
lvln o opine ih
e n e t e t c. ulc vlain
became a a l b efromt eb n ( )lse below d r n t eweek endedA r l2 , 9 5 I you a e
vial
h a k s itd
uig h
pi 8 1 9 . f
r
i t r s e i o t i i gacopy o a e a u t o d c m n ,p e s c n a tt eb n ( )drcl.
neetd n b a n n
f n v l a i n o u e t l a e o t c h a k s i ety
T e e a ef u d s r p i er t n sf rCRA:
h r r o r e c i t v aig o
OUTSTANDING: abank i ti g o p h s a o t t n i gr c r o,and i a l a e i,
n hs r u a n u s a d n e o d f
s edr n
a c r a n n a dh l i gt meett ecei n e so isetr d l n a e c m u i y i c u i gl w
setiig n e p n o
h rd t e d f t ni e e i e t d o m n t , n l d n o andm d r t - n o en i h o h o s i amanner c n i t n w t isr s u c sandcpblte.
o e a e i c m egbrod, n
osset i h t eore
aa i i i s
SATISFACTORY: a bank i ti g o p h s a s t s a t r r c r o a c r a n n and
n hs r u a
aifcoy e o d f s e t i i g
h l i g t meet t e c e i n e s o is e t r d l n a e community, i c u i g l w and
epn o
h rdt e d f t nie e i e t d
nldn o m d r t - n o en i h o h o s i amannerc n i t n w t isr s u c sand cpblte.
o e a e i c m egbrod, n
osset i h t e o r e
a a iiis
NEEDS TO IMPROVE: a bank i ti g o p n e s t improve iso e a l r c r o
n hs r u e d o
t vrl e o d f
a c r a n n an h l i gt meett ec ei n e so isetr d l n a e c m u i y i c u i gl w
setiig d e p n o
h r dt e d f t nie e i e t d o m n t , n l d n o andm d r t - n o en i h o h o s i amannerc n i t n w t isr s u c sandcpblte.
o e a e i c m egbrod, n
osset i h t e o r e
aa i i i s
SUBSTANTIAL NON COMPLIANCE: abanki ti g o ph sas b t n i l yd f c e t
n hs r u a u s a t a l e i i n
r c r ofa c r a n n and h l i g t meet t e c e i n e s o ise t r d l n a e community,
e o d setiig
epn o
h rdt e d f t nie e i e t d
i c u i gl w an m d r t - n o en i h o h o s i amanner c n i t n w t isr s u c sand
nldn o - d o e a e i c m e g b r o d , n
osset i h t e o r e
cpb l t e .
aa i i i s
The S a eBank & T u tC .
tt
rs o
4 1 C i t nS r e
0 l n o tet
D f a c ,Ohio 43512
eine
( 1 )783-8950
49
Rtn: O t t n i g
aig u s a d n
Exam D t : J n a y 17,1995
ae aur




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

Application
Summit Financial Corporation, Greenville,
South Carolina, to acquire the assets of
Woodham Enterprises, Inc. (d.b.a. First
Finance) and engage in consumer finance
activities in Bishopville and Sumter,
South Carolina.

5-7-95

FirstBancorporation, Inc., Beaufort,
South Carolina, to become a bank holding
company through the acquisition of 100%
of the voting shares of FirstBank, N.A.,
Beaufort, South Carolina (successor to
The Savings Bank of Beaufort County,
FSB).*

5-20-95

Mellon Bank (MD), Rockville, Maryland,
to establish a branch in Montgomery
Mall, 7101 Democracy Boulevard, Bethesda,
Maryland.*

5-23-95

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

Comment Period Ending Date

None.

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

None.

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

^Application is subject to CRA requirements.



Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations
Week ending April 28, 1995

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

F e d e ra l R e se rv e Bank o f A t la n t a
A p p l i c a t i o n s B u l l e t i n f o r W eek E n d i n g A p r i l

28.

1995

Section 1 - Applications Subject to Newspaper Notice Only

Application

Comment Period Ending Date

Sun Bank of Tampa Bay
05-19-95*
Tampa, Florida
To establish a branch located at 17802 North Dale Mabry,
Florida, to be known as the Van Dyke Office.

Lutz,

United American Bank of Central Florida
05-21-95*
Orlando, Florida
To establish a branch located at 5405 Silver Star Road, Orlando,
Florida, to be known as the Pine Hills Office.

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

Application

Comment Period Ending Date

Moundville Bancshares, Inc.
Not yet available*
Moundville, Alabama
1-BHC formation, Bank of Moundville, Moundville, Alabama.
Gulf Bank
Not yet available*
Miami, Florida
Change in control notice by Salvador Bonilla-Mathe as Trustee for
the Salvador Bonilla-Mathe Revocable Trust,
to acquire an
additional 1.6 percent of the outstanding shares of Gulf Bank,
Miami, Florida. Total ownership will equal 25.4 percent.

First Commerce Corporation
04-28-95*
New Orleans, Louisiana
Federal Register
To merge with Lakeside Bancshares, Inc., Lake Charles, Louisiana,
and thereby directly acquire Lakeside National Bank of Lake
Charles, Lake Charles, Louisiana, pursuant to Section 3(a)(5) of
the Bank Holding Company Act.

*Subject to the provisions of the Community Reinvestment Act.



F e d e ra l R e se rv e Bank o f A t la n t a
A p p l i c a t i o n s B u l l e t i n f o r W eek E n d i n g A p r i l

28.

1995

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

Application

Comment Period Ending Date

Farmers & Merchants Employee Stock
05-29-95*
Ownership Plan
Forest, Mississippi
Newspaper
1-BHC formation, Community Bancshares of Mississippi, Inc., Forest,
Mississippi.

Section 3 - Applications Subject to Federal Register Only

Application

Comment Period Ending Date

Moundville Bancshares, Inc.
Not yet available
Moundville, Alabama
To engage de novo in credit insurance activities, pursuant
Section 225.25(b)(8)(i) of Regulation Y.

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

Application
None.




to

F e d e r a l R e s e r v e Bank o f A t la n t a
A p p l i c a t i o n s B u l l e t i n f o r Week E n d in g A p r i l

28.

1995

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
None.




Rating

Date

F e d e r a l R e s e r v e B a n k o f C h ic a g o

Section I - Applications Subject to Newspaper
Notice Only
1
Comment Period
Ending Date

Type

Application

Branch

DeMotte State Bank
DeMotte, Indiana
1501 South Heaton
Knox, Indiana

NP - 4-28-95

Membership

Rolling Hills National Bank (to be named
Rolling Hills Bank & Trust)
Atlantic, Iowa
to become a member of the Federal
Reserve System

NP - 4-29-95

EFT

Bankers Trust Company
Des Moines, Iowa
Mercy West Medical Center
1601 NW 114th
Clive, Iowa*

NP - 4-30-95

EFT

Bankers Trust Company
Des Moines, Iowa
411 Laurel
Des Moines, Iowa*

NP - 5-1-95

EFT

Commerce Bank (was Peoples Bank)
Bloomington, Illinois
#3 State Farm Plaza
Bloomington, Illinois*

NP - 4-28-95

Branch

Tri-County Bank
Brown City, Michigan
Southeast corner of Huron Street and
Beech Street
North Branch, Michigan

NP - 5-4-95

Branch

NBD Bank
Detroit, Michigan
Marshall Mall Supermarket
28804 Gratiot
Roseville, Michigan

N - 5-5-95

Branch

NBD Bank
Detroit, Michigan
44855 Hayes
Sterling Heights, Michigan

N - 5-5-95




F e d e r a l R e s e r v e B a n k o f C h ic a g o

Section l__-...Applicat ions Subject to Newspaper

Notice Only
(Continued)
Comment Period
Ending Datp

Type

Application

Branch

First Source Bank (1st)
South Bend, Indiana
3395 Willowcreek
Portage, Indiana

NP - 5-14-95

Branch

UnionBank
Streator, Illinois
1311 Shooting Park Road
Peru, Illinois

NP - **

EFT

Northern Trust Company (The)
Chicago, Illinois
Northwestern University, Shephard Hall
626 Univeristy Place
Evanston, Illinois

NP - 4-22-95

Membership

M&I Bank of Racine
Racine, Wisconsin
to become a member of the Federal Reserve
System

NP - **

Membership

M&I Bank of Menomonee Falls
Menomonee Falls, Wisconsin
to become a member of the Federal Reserve
System

NP - **

Y-l

Charlevoix First Corporation
Charlevoix, Michigan
Charlevoix State Bank
Charlevoix, Michigan

NP - 5-9-95




F e d e r a l R e s e r v e B a n k o f C h ic a g o

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

Type

Application

Y-2

Norton Capital Corporation
Morris, Illinois
Sheridan Bancorp, Inc.
Morris, Illinois
Sheridan State Bank
Sheridan, Illinois*

FR - 4-7-95
NP - 4-24-95

Y-l

Milton Bancshares, Inc.
Milton, Wisconsin
Bank of Milton
Milton, Wisconsin*

FR - 4-21-95
NP - 4-19-95

Y-l

First Evanston Bancorp
Evanston, Illinois
First Evanton Bank & Trust Company
Evanston, Illinois (in organization)*

FR - 4-27-95
NP - 4-16-95

Y-2

Heartland Financial USA, Inc.
Dubuque, Iowa
Riverside Community Bank
Rockford, Illinois (in organization)*

FR - 4-21-95
NP - 4-20-95

Y-2

Northern Trust Corporation
Chicago, Illinois
Tanglewood Bancshares, Inc.
Houston, Texas
Tanglewood Bank, National Association
Houston, Texas*

FR - 4-27-95
NP - 4-26-95

Y-l

Suburban Illinois Bancorp, Inc.
Elmhurst, Illinois
Suburban Bank of Elmhurst
Elmhurst, Illinois*

FR - 4-24-95
NP - 4-23-95

Y-2

Scott Bancshares, Inc.
Bethany, Illinois
Maroa Banchsares, Inc.
Maroa, Illinois
Bank of Maroa
Maroa, Illinois

FR - 4-27-95
NP - 5-8-95

Y-2

Anita Bancorporation
Newton, Iowa
Griswold Bancshares, Inc.,
Griswold, Iowa
Griswold State Bank
Griswold, Iowa

FR - 5-8-95
NP - 4-28-95




Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice
Continued

Type

Application

Y-2

State Financial Services Corporation
Hales Corners, Wisconsin
Waterford Bancshares, Inc.
Waterford, Wisconsin
Waterford Bank
Waterford, Wisconsin




Comment Period
Ending Date
FR - 5-8-95
NP - 5-22-95

F e d e r a l R e s e r v e B an k o f C h ic a g o

Section III - Applications Subject to Federal Register
Notice Only

Application

Comment Period
Ending Date

4(c) (8)

MSB Holding Company, Inc.
Moorhead, Iowa
to engage da novo in lending activities

FR - 4-24-95

4(c) (8)

Royal Bancshares, Inc.
Elroy, Wisconsin
to engage da novo in insurance agency
activities through its subsidiary, Royal
Insurance Services, Elroy, Wisconsin

FR - 5-15-95

4(c) (8)

St. Francis Capital Corporation
FR - **
Milwaukee, Wisconsin
to engage in the sale of annuities through
its subsidiary, St. Francis Insurance Services
Corp., Milwaukee, Wisconsin




F e d e r a l R e s e r v e B a n k o f C h ic a g o

Section IV - Applications Not Sub-iect to Federal Register or Newspaper
Notice

Type

Application

RoS

Greene Investment Co.
Coon Rapids, Iowa
to redeem 8,647 shares (53%) of voting common stock

RoS

FBOP Corporation
Oak Park, Illinois
to redeem the outstanding preferred 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-day business day period
the bank has to make the evaluation public has lapsed during the week ending
April 28, 1995. 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
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.
SN-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 NAME/LOCATION

EXAMINATION DATE

EATINGS

-The State Bank of Coloma
209 North Paw Paw Street
Coloma, Michigan
49038
(616) 468-3179

1/03/95

NI

-Rushville State Bank
Liberty and Lafayette
Rushville, Illinois
62681
(217) 322-3323

1/17/95

S

-The Bank of Illinois in Normal
102 West College Avenue
Normal, Illinois
61761
(309) 452-1186

1/09/95

S




Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING APRIL 28, 1995

Application

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
End of Comment Period

None.

Application

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
End of Comment Period

♦Section 3(a)(3) application by CNB Bancshares,
Inc., Evansville, Indiana, to acquire Citizens
Bank of Illinois, N.A., Mt. Vernon, Illinois.

Newspaper:

Change in control notification involving
Martinsburg Bancorp, Inc., Martinsburg, Missouri,
by Mary K. Fennewald (previously reported during
week ending 4/7/95).

Fed. Register:

5/24/95

4/25/95

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
End of Comment Period
None.

♦This application is subject to CRA.




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

An 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 tow- and moderate- income
neighborhoods, in a manner consistent with its resources and capabilities.
Needs to improve record o f meeting community credit needs

An institution in this group needs to improve its overall record o f 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 o f ascertaining and helping to
meet the credit needs o f its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities.

FOR THE WEEK ENDING

Name of Bank
None




April 28, 1995

Bank Address

Examination
Date

Examination
Rating

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

Application
First Interstate Bank of Commerce,
Billings, Montana, to merge with
First National Park Bank, Livingston,
Montana, and incident thereto,
establish branches in Livingston and
Gardiner, Montana

Hay 14, 1995

First American Bank Valley, Grand
Forks, ND, to merge with First
American Bank & Trust of Grafton,
Grafton, ND, and, incident thereto,
establish branches in Grafton,
Fordville, Forest River, Hoople, and
St. Thomas, ND

May 19, 1995

First American Bank Valley, Grand Forks,
ND, to merge with First American Bank
of Larimore, Larimore, ND, and incident
thereto, establish a branch in Larimore,
ND

May 19, 1995

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period
Endine Date

Lois E. Morrison, to acquire
30.4% of the voting shares of
Barron Investment Company,
Golden Valley, MN

May 16, 1995
(Federal Register)

Windsor Bancshares, Inc.,
Glenville, MN, to acquire 100%
of the voting shares of Twin Lakes
State Bank, Twin Lakes, MN

May 2Q, 1995
(Newspaper)
*

Citizens Investment Company, Inc.,
Glenville, MN, to acquire 100%
of the voting shares of Twin Lakes
State Bank, Twin lakes, MN

May 30, 1995
(Federal Register)

^Subject to CRA




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

Application
NONE.

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
M&I Bank of Eagle River, Eagle
River, WI, for membership in the
Federal Reserve System
First American Bank Valley, Grand
Forks, ND, to declare a special
dividend not to exceed $5,000,000




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending April 28, 1995
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 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(S) EXAMINED
NONE.




DATE OF EXAMINATION

CRA RATING

Federal Reserve Bank of Kansas City

SECTION I-APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION
The Gunnison Bank a d T u tCompany, G n i o ,
n rs
unsn
C l r d , f rp i r a p o a t etbihad novo
o o a o o r o p r v l o sa l s e
b a c b n i g fclt i C e t d B te C l r d .
r n h a k n aiiy n r s e u t, o o a o

COMMENT PERIOD ENDING DATE
Not A a l b e
vial

SECTION I -APPLICATIONS SUBJECT TO BOTH
I
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
Wendell D. B uner a d W l a d D H y e b t o
r
n ilr . e n , oh f
F e o t N b a k , f rp i ra p o a t e c
r m n , e r s a o ro p r v l o a h
a q i e a a d t o a 6 1 p r e to t e v t n
c ur n diinl . 0 ecn f h oig
s a e o American Banc C r o a i n F e o t
hrs f
oprto, r m n ,
Nbak.
ersa*

COMMENT PERIOD ENDING DATE
May 1 , 1 9
6 95

SECTION I I -APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
I
ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

Non .
e

SECTION T V -APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
Non .
e




Federal Reserve Bank of Kansas City

SECTION Y - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification of Ratings

I c n e t o w t t e a s s m n o e c i s r dd p s t r isiuinsCRA p r o m n e a
n o n c i n i h h s e s e t f a h n u e e o i o y nttto’
efrac,
r t n i a s g e from t e f l o i g g o p :
aig s s i n d
h olwn rus
Outstanding record of meeting community credit needs

An isiuini ti g o ph sa o t t n i gr c r o a c r a n n a dh l i gt m e
nttto n hs r u a n u s a d n e o d f s e t i i g n e p n o e t
t ec e i n e s o ise tr d l n a e c m u i y i c u i gl w and m d r t - n o e
h r d t e d f t nie e i e t d o m n t , n l d n o oeaeicm
n i h o h o s i a manner c n i t n w t isr s u c s a d cpblte.
egbrod, n
o s s e t i h t e o r e n a a iiis
Satisfactory record of meeting community credit needs

An isiuini ti g o p h s astsatr r c r o a c r a n n an h l i g t m e
nttto n hs r u a aifcoy e o d f s e t i i g d e p n o e t
t ec e i n e s o ise tr d l n a e c m u i y i c u i gl w a d m d r t - n o e
h r d t e d f t nie e i e t d o m n t , n l d n o - n o e a e i c m
n i h o h o s i a manner c n i t n w t isr s u c s a d cpblte.
egbrod, n
o s s e t i h t e o r e n a a iiis
Needs to improve record of meeting community credit needs

An isiuin i ti g o p n e s t i p o e is o e a l r c r o a c r a n n a d
nttto n hs r u e d o m r v t v r l e o d f s e t i i g n
h l i g t meet t e c e i n e s o isetr d l n a e community, i c u i g l w a d
epn o
h r d t e d f t n ie e i e t d
nldn o- n
m d r t - n o e n i h o h o s i a manner c n i t n w t is r s u c s a d
o e a e i c m egbrod, n
osset i h t e o r e n
c p blte.
a a iiis
Substantial noncompliance in meeting community credit needs

An isiuini ti g o ph sasbtnilydfcetr c r o a c r a n n a dh l i g
nttto n hs r u a usatal eiin e o d f s e t i i g n e p n
t meet t ec e i n e s o isetr d l n a e c m u i y i c u i gl w a dm d r t o
h r d t e d f t nie e i e t d o m n t , n l d n o - n o e a e
income n i h o h o s i a manner c n i t n w t isr s u c s an cpblte.
egbrod, n
o s s e t i h t e o r e d a aiiis
Bn/oain
akLcto

Exam D t
ae

CRA P b i
ulc
Dt
ae

Bank o L u s i l
f oivle
P O Box 309
..
L u s i l , C l r d 80027 0 0
oivle o o a o
-39

0-79
11-5

0-69
42-5

Stsatr
aifcoy

R o Grande County Bank
i
P O Box 1 8
..
5
D lNre C l r d 8 1 2 0 5
e ot, o o a o 1 3 - 1 8

0-39
12-5

0-79
42-5

Stsatr
aifcoy

The F r tBank
is
P O Box 6369
..
Moore, Oklahoma 73153-0369

0-09
13-5

0-79
42-5

Stsatr
aifcoy




CRA
Rtn
aie

Federal Reserve Bank of Kansas City

The F r tBank o F i l n
is
f arad
P O Box 779
..
F i l n , Oklahoma 7 3 3
arad
44

* p l c t o i s b e tt CRA.
A p i a i n s ujc o




0-09
13-5

0-79
42-5

Stsatr
aifcoy

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BU LLETIN

APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF APRIL 24, 1995
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
** NOTICE EXP

APPLICATION
Change in Control Notice by
William Donald Skov, Clint, TX, and Robert E. Skov,
El Paso, TX, to retain (as the result of a stock
redemption) an interest in First Fabens Bancorporation,
Inc., Fabens, TX
(Filed during the week of 4-3-95)

95/05/10

Change in Control Notice by
Otis Truman Arnold, and Anita Ray Arnold,
Texarkana, TX, to acquire an interest in New
Boston Bancshares, Inc., New Boston, TX
(Previously reported during the week of 3-20-95)

95/05/04

♦Section 3(a)(3) application by
Baylor Bancshares, Inc., Seymour, TX, to acquire
Memphis State Bank, Memphis, TX

95/05/21

♦Section 3(a)(3) application by
Baylor/Delaware Corp., Wilmington, DE, to acquire
Memphis State Bank, Memphis, TX

95/05/21

Change in Control Notice by
Jon Black, Crowell, TX, to acquire an interest in
Crowell Bancshares, Inc., Crowell, TX

N/A

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

NOTICE EXP

Section 4(c)(8) notification by
Grimes County Capital Corporation, Houston, TX, d/b/a
CSB Mortgage Services, Houston, TX (making and servicing
mortgage loans or other extensions of credit for the
account of others)

95/05/16




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 24. 1995
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
Bank of Houston
5115 Main Street
P.0. Box 8306
Houston, TX 77288




Date of
Examination

CRA Ratinq

95/01/09

Outstanding

FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 4/28/95
Section I - Applications Subject to Newspaper Notice Only
A p p I ication
West One Bank, Idaho, Boise, Idaho, to acquire
the Burley, Idaho, branch of Washington Federal
Savings and Loan Association, Seattle, Washington. *

Newspaper:

5/18/95

Refiled: Coast Bancorp, Santa Cruz, California,
to become a bank holding company by acquiring Coast
Commercial Bank, Santa Cruz, California. *

Newspaper:

4/06/95

American Pacific Bank, Portland, Oregon, to establish Newspaper:
a limited purpose branch at 10260 S.W. Greenburg,
Suite 700, Portland, Oregon. *

Not available

M&I Thunderbird Bank, Phoenix, Arizona, to become a
member of the Federal Reserve System.

Not available

Newspaper:

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
James L. Ryan, Orinda, California, to acquire up
to 10.65 percent of BWC Financial Corp., Walnut
Creek, California. *

Newspaper:

5/12/95

Fed. Req.:

5/09/95

Refiled: Joel W. Kovner, Santa Monica, California,
to acquire an additional 19.77 percent of
Professional Bancorp, Inc., Santa Monica,
California. *

Newspaper:

4/21/95

Fed. Req.:

5/05/95

Refiled: Peter H. Huizenga Testamenary Trust, Oak
Brook, Illinois, to increase its ownership up to
14.5 percent of Monarch Bancorp, Laguna Nigual,
California. *

Newspaper:

Not available

Fed. Req.:

5/17/95

Refiled: Robert A. Schoellhorn Revocable Trust,
Highland Park, Illinois, to increase its ownership
up to 13.9 percent of Monarch Bancorp, Laguna
Niguel, California. *

Newspaper:

Not available

Fed. Req.:

5/17/95

John C. Bell, John C. Bell Family Trust and K & G
Family Trust, Burbank, California, to increase
their ownership up to 14.47 percent of Western
Security Bancorp, Burbank, California. *

Newspaper:

5/08/95

Fed. Req.:

5/22/95

Section III -Applications Subject to Federal Register Only
None

* Subject to CRA.




FEDERAL RESERVE BANK OF SAN FRANCISCO ( c o n t ' d . )

Week ending 4/28/95
Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
None

Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during the week
ending April 28, 1995. 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 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- to moderate-income 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