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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1993, No. 14
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending April 3, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS
TESTIMONY AND STATEMENTS
Factors influencing recent national and regional
trends in bank lending — statement by Governor
LaWare before the Subcommittee on Economic Growth
and Credit Formation of the House Committee on
Banking, Finance and Urban Affairs, April 2, 1993.
Published, April 2, 1993.
BANK HOLDING COMPANIES




Banc One Corporation, Columbus, Ohio — requests for
reconsideration of BoardTs approval of applications
to acquire Valley National Corporation, Phoenix,
Arizona; First Community Bancorp, Inc., Rockford,
Illinois, and Key Centurion Bancshares, Inc.,
Charleston, West Virginia.
Denied, March 30, 1993.
First Bank System, Inc., Minneapolis, Minnesota, and
Central Bancorporation, Inc., Denver, Colorado —
to acquire Colorado National Bankshares, Inc., and
thereby to indirectly acquire CNBTs eight
subsidiary banks.
Approved, March 29, 1993.
First Fidelity Bancorporation, Lawrenceville, New
Jersey, and Banco Santander, S.A., Madrid, Spain —
to acquire Northeast Bancorp, Inc., New Haven,
Connecticut, and Union Trust Company, Stamford,
Connecticut.
Approved, March 31, 1993.
Worthen Banking Corporation, Little Rock, Arkansas —
to acquire The Union of Arkansas Corporation;
Union National Bank of Arkansas; and Union National
Bank of Texas, Austin, Texas.
Approved, March 29, 1993.

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APRIL 2, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BOARD OPERATIONS
Division of Monetary Affairs — appointment of Brian
Madigan as Associate Director; Richard Porter as
Deputy Associate Director, and Deborah Danker as
Assistant Director.
Approved, March 30, 1993.

CHANGE IN BANK CONTROL
Nine Tribes Bankshares, Inc., Quapaw, Oklahoma —
change in bank control.
Denied, March 31, 1993.
ENFORCEMENT




First Pacific Bancorp, Inc., Beverly Hills,
California, and Jose M. Anotado — orders of
assessment of a civil money penalty.
Authorized, April 2, 1993.
Marin National Bancorp, San Rafael, California —
written agreement dated March 23, 1993, with the
Federal Reserve Bank of San Francisco.
Announced, March 31, 1993.
New East Bancorp, Selma, North Carolina — written
agreement dated March 4, 1993, with the Federal
Reserve Bank of Richmond and the Commissioner of
Banks of the State of North Carolina.
Announced, March 30, 1993.

H.2
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APRIL 2, 1993

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

ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and
Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve
Bank Operations; IF - International Finance; OSDM - Office of Staff Director
for Management
BANK BRANCHES, DOMESTIC
Richmond

Marathon Bank, Stephens City, Virginia — to
establish a branch at 312 Warren Avenue, Front
Royal, Virginia.
Approved, April 2, 1993.

Chicago

Onsted State Bank, Onsted, Michigan — to establish a
branch at 102 N. Main Street, Brooklyn, Michigan.
Approved, March 30, 1993.

BANK HOLDING COMPANIES




Atlanta

Aliant National Corporation, Alexander City,
Alabama — to engage de novo in securities and
investment advisory activities nationwide through
Aliant Financial Services Corporation.
Permitted, April 2, 1993.

Chicago

Amcore Financial, Inc., Rockford, Illinois — to
engage in providing investment advisory activities
with respect to arranging for private placement of
debt and equity securities through Amcore
Investment Banking, Inc.
Returned, March 31, 1993.

Chicago

Amcore Financial, Inc., Rockford, Illinois — to
engage in investment and financial advisory
activities through Amcore Investment Banking, Inc.
Returned, March 31, 1993.

GC

Barnett Banks, Inc., Jacksonville, Florida —
determination concerning divestiture by Barnett
Bank of Southwest Florida, Sarasota, Florida, of
Vail National Bank, Vail, Colorado, and Avon
National Bank, Avon, Colorado.
Granted, April 1, 1993.

Kansas City

BOK Financial Corporation, Tulsa, Oklahoma — to
acquire Sand Springs Bancshares, Inc., Sand
Springs, Oklahoma, and Brookside Bancshares, Inc.,
Tulsa, Oklahoma.
Approved, April 2, 1993.

H.2
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APRIL 2, 1993

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

BANK HOLDING COMPANIES




Director, BS&R

Capital Bancshares, Inc., Baton Rouge, Louisiana —
transfer agent registration.
Withdrawn, April 1, 1993.

Chicago

Cashton Bancshares, Inc., Cashton, Wisconsin —
acquire Bank of Cashton.
Approved, March 30, 1993.

Kansas City

Central Bancshares, Inc., Cambridge, Nebraska — to
acquire C.R. Druse Insurance, Cambridge, Nebraska
and continue to engage in insurance related
activities.
Approved, March 31, 1993.

Kansas City

Community Bankshares, Inc., Denver, Colorado — to
acquire First Medicine Lodge Bancshares, Inc.,
Medicine Lodge, Kansas.
Returned, March 31, 1993.

Chicago

De Witt Bancorp, Inc., De Witt, Iowa -- to acquire
River Valley Bancorp, Inc., Davenport, Iowa, and
Valley State Bank, Eldridge, Iowa.
Returned, April 2, 1993.

Philadelphia

Dimeco, Inc., Honesdale, Pennsylvania —
The Dime Bank.
Approved, April 1, 1993.

St. Louis

First Breckinridge Bancshares, Inc., Irvington,
Kentucky — to acquire Bank of Clarkson, Clarkson
Kentucky.
Approved, March 29, 1993.

Richmond

First Citizens BancShares, Inc., Raleigh, North
Carolina — proposal that First-Citizens Bank &
Trust Company acquire Caldwell Savings Bank, Inc.
SSB, Lenoir, North Carolina.
Approved, March 30, 1993.

Chicago

First Financial Corporation, Terre Haute, Indiana —
to acquire Parke Bancorp, Rockville, Indiana, and
The Parke State Bank.
Returned, April 2, 1993.

to

to acquire

H.
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MARCH 29, 1993
PAGE 5

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APRIL 2, 1993

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

BANK HOLDING COMPANIES




Kansas City

First National of Nebraska, Inc., Omaha, Nebraska —
proposal that First National Bank of Kansas,
Overland Park, Kansas, acquire certain assets and
assume the insured deposit liabilities of College
Boulevard National Bank.
Approved, April 1, 1993.

Secretary

FirstBank Holding Company of Colorado, Lakewood,
Colorado, and FirstBank Holding Company of Colorado
Employee Stock Ownership Plan — to acquire
FirstBank of Fort Collins, Fort Collins, Colorado.
Approved, April 2, 1993.

Kansas City

FNBR Holding Corporation, Meeker, Colorado — to
acquire First National Bank of the Rockies.
Approved, March 31, 1993.

Kansas City

Fourth Financial Corporation, Wichita, Kansas —
acquire Nichols Hills Bancorporation, Inc.,
Oklahoma City, Oklahoma.
Approved, April 2, 1993.

Director, BS&R

Greatbanc Trust Company, Aurora, Illinois —
registration statement.
Withdrawn, March 30, 1993.

GC

Lonoke Bancshares, Inc., Lonoke, Arkansas —
determination that sale of real estate parcel by
First State Land Co. constitutes divestiture by
Lonoke.
Granted, March 29, 1993.

Director, BS&R

Manufacturers Hanover Trust Company, New York, New
York — transfer agent registration.
Withdrawn, April 1, 1993.

New York

Merchants New York Bancorp, Inc., New York, New
York — to acquire Merchants Bank of New York, New
York, New York.
Approved, April 2, 1993.

Chicago

Northview Financial Corporation, Northfield, Illinois
— to acquire Northview Bank & Trust.
Approved, March 31, 1993.

to

H.
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MARCH 29, 1993
PAGE 6

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APRIL 2, 1993

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

BANK HOLDING COMPANIES
Minneapolis

Olmsted Bancorporation, Inc., Byron, Minnesota —
engage in general insurance agency activities.
Returned, April 2, 1993.

to

Atlanta

Pickens County Bancshares, Inc., Carrollton, Alabama,
and West Alabama Bank and Trust — to acquire
certain assets and assume certain liabilities of
three branches of Secor Bank, F.S.B., Birmingham,
Alabama.
Approved, March 31, 1993.

GC

Resources Bancshares Corporation, Columbia, South
Carolina — modifications to the commitments
regarding offering of stock of Resource Mortgage
Group.
Granted, April 1, 1993.

Chicago

River Valley Bancorp, Inc., Davenport, Iowa —
acquire Valley State Bank, Eldridge, Iowa.
Returned, April 2, 1993.

San Francisco

Sanwa Bank, Limited, Osaka, Japan — to expand
activities to include the execution and clearance
of futures contracts and options and to provide
investment advice through Sanwa-BGK Futures, Inc.,
Chicago, Illinois.
Approved, April 2, 1993.

San Francisco

TPBC Acquisition Corporation, Oakland, California —
to acquire Trans Pacific Bancorp, San Francisco,
California.
Returned, March 31, 1993.

to

BANK PREMISES




New York

Chemical Bank, New York, New York —
bank premises.
Approved, March 30, 1993.

investment in

Chicago

Old Kent Bank and Trust Company, Grand Rapids,
Michigan — investment in bank premises.
Approved, March 29, 1993.

H.2
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PAGE 7

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APRIL 2, 1993

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

CAPITAL STOCK
Chicago

Bank of Burlington, Burlington, Wisconsin —
redemption of shares.
Returned, April 2, 1993.

Chicago

Chemical Bank and Trust Company, Midland, Michigan,
and Chemical Bank Michigan, Clare, Michigan —
redemption of shares.
Approved, March 31, 1993.

Minneapolis

Mountain Bank System, Inc., Whitefish, Montana —
redemption of shares.
Approved, March 29, 1993.

CHANGE IN BANK,CONTROL
St. Louis

Bancshares of West Memphis Inc., West Memphis,
Tennessee — change in bank control.
Permitted, March 29, 1993.

Minneapolis

Drummond Bancshares, Inc., Drummond, Wisconsin —
change in bank control.
Permitted, March 31, 1993.

Atlanta

FirstBanc Holding Company, Inc., Robertsdale, Alabama
— change in bank control.
Permitted, March 31, 1993.

Minneapolis

Gilman Corporation, Exeland, Wisconsin —
bank control.
Permitted, March 31, 1993.

change in

COMPETITIVE FACTORS REPORTS




Chicago

Citizens Trust and Savings Bank, South Haven,
Michigan, proposed acquisition of the Hartford,
Michigan, branch of Standard Federal Bank, Troy,
Michigan — report on competitive factors.
Submitted, April 2, 1993.

St. Louis

First National Bank of Clinton, Clinton, Kentucky,
proposed purchase of certain assets and assumption
of deposit liabilities of the Clinton, Fulton, and
Hickman, Kentucky, branches of Security Trust
Federal Savings and Loan Association, Knoxville,
Tennessee — report on competitive factors.
Submitted, April 1, 1993.

H.2
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PAGE 8

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APRIL 2, 1993

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

COMPETITIVE FACTORS REPORTS




St . Louis

First Tennessee Bank National Association, Memphis,
Tennessee, proposed merger with Home Bank, FSB,
Johnson City, Tennessee — report on competitive
factors.
Submitted, April 2, 1993.

Chicago

Inter-City Bank, Benton Harbor, Michigan, proposed
purchase of three branches of Standard Federal
Bank, Troy, Michigan, in Edwardsburg, Three Oaks,
and Berrien Springs, Michigan — report on
compet it ive factors.
Submitted, April 2, 1993.

Atlanta

Peoples Bank, Dickson, Tennessee, proposed merger
with Peoples Interim Bank — report on competitive
factors.
Submitted, March 29, 1993.

Richmond

Southern National Bank of North Carolina, Lumberton,
North Carolina — to acquire a branch in Kinston,
North Carolina, from Branch Banking and Trust
Company, Wilson, North Carolina — report on
compet it ive factors.
Submitted, April 2, 1993.

Cleveland

Towne Financial Corporation, Cincinnati, Ohio, and
The Blue Ash Building and Loan Company — proposed
acquisition of Cherry Grove Savings Bank — report
on competitive factors.
Submitted, March 29, 1993.

St. Louis

Union Planters National Bank, Memphis, Tennessee,
proposed purchase of the assets and assumption of
the liabilities of the Jackson, Tennessee, branch
of SaveTrust FSB, Dyersburg, Tennessee — report on
compet it ive factors.
Submitted, March 30, 1993.

Chicago

Uptown National Bank of Moline, Moline, Illinois,
proposed merger with First Bank and Trust Company,
Cairo, Illinois — report on competitive factors.
Submitted, April 2, 1993.

H.2
MARCH 29, 1993
PAGE 9

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APRIL 2, 1993

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

COMPETITIVE FACTORS REPORTS
San Francisco

WestAmerica Bank, San Rafael, California, proposed
merger with Suisun Valley Bank, Fairfield,
California — report on competitive factors.
Submitted, March 31, 1993.

San Francisco

Yakima Valley Bank, Yakima, Washington, proposed
merger with Ben Franklin National Bank, Pasco,
Washington — report on competitive factors.
Submitted, March 31, 1993.

EXTENSIONS OF TIME




San Francisco

BankAmerica Corporation, San Francisco, California —
extension to divest certain property.
Granted, March 29, 1993.

San Francisco

BankAmerica Corporation, San Francisco —
to divest certain property.
Granted, March 30, 1993.

San Francisco

BankAmerica Corporation, San Francisco, California —
extension to divest certain property.
Granted, March 30, 1993.

Atlanta

Camilla Bancshares, Inc., Camilla, Georgia —
extension to July 3, 1993, to acquire Bank of
Camilla.
Granted, April 2, 1993.

Minneapolis

Citizens Bancshares of Woodville, Inc., Woodville,
Wisconsin — extension to April 30, 1993, to
acquire Elmwood Financial Services, Inc., Elmwood,
Wisconsin.
Granted, March 31, 1993.

Philadelphia

First Eastern Corporation, Wilkes-Barre, Pennsylvania
— extension to dispose of certain property.
Granted, March 29, 1993.

Chicago

First of America Bank - Ann Arbor, Ann Arbor,
Michigan — extension to June 28, 1993, to
establish a branch at the University of Michigan,
530 South State Street.
Granted, March 31, 1993.

extension

H.2
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APRIL 2, 1993

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

EXTENSIONS OF TIME
Chicago

LaSalle National Corporation, Chicago, Illinois; ABN
AMRO North America, Inc.; ABN AMRO Bank, N.V.,
Amsterdam, The Netherlands, ABN AMRO Holding, N.V.;
Stichting Prioriteit ABN AMRO Holding; Stichting
Administratiekantoor ABN AMRO Holding; and LaSalle
Bank Northbrook, Northbrook, Illinois — extension
to June 18, 1993, to acquire certain assets and
assume certain liabilities of the Buffalo Grove,
Libertyville, Mundelein, Skokie, Northbrook, and
Palatine branches of LaSalle Talman Bank, F.S.B.,
Chicago, Illinois.
Granted, March 30, 1993.

Director, BS&R

U.S. Bancorp, Portland, Oregon —
certain property.
Granted, March 31, 1993.

extension to divest

San Francisco

U.S. Bancorp, Portland, Oregon —
certain property.
Granted, March 30, 1993.

extension to divest

San Francisco

Wells Fargo & Company, San Francisco, California —
extensions to divest certain properties.
Granted, March 30, 1993.

San Francisco

Wells Fargo & Company, San Francisco, California —
extension to divest certain property.
Granted, March 30, 1993.

San Francisco

Zions Bancorporation, Salt Lake City, Utah —
extensions to divest certain properties.
Granted, March 30, 1993.

San Francisco

Bank of Arizona, Scottsdale, Arizona — to become a
member of the Federal Reserve System.
Approved, March 29, 1993.

Chicago

Westby-Coon Valley State Bank, Westby, Wisconsin —
to become a member of the Federal Reserve System.
Approved, March 31, 1993.

MEMBERSHIP




H.2
MARCH 29, 1993
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APRIL 2, 1993

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

MEMBERSHIP
San Francisco

Westside Bank, Tracy, California — to become a
member of the Federal Reserve System.
Approved, March 30 j 1993.

Kansas City

WestStar Bank, Bartlesville, Oklahoma —
member of the Federal Reserve System.
Approved, April 1, 1993.

Kansas City

WestStar Bank, Tulsa, Oklahoma —
of the Federal Reserve System.
Approved, April 2, 1993.

to become a

to become a member

REGULATIONS AND POLICIES
Director, C&CA

Regulation Z — revisions dealing with rules on
demand features for credit extended to executive
officers of depository institutions and methods of
disclosing security interests.
Approved, April 1, 1993.

Director, FRBO

Federal Reserve Bank of Philadelphia —
maintenance agreement.
Approved, March 29, 1993.

hardware

RESERVE BANK SERVICES




Director, FRBO

Federal Reserve Bank of Chicago — to provide net
settlement services to the Midwest Securities Trust
Company.
Approved, April 1, 1993.

H.2
MARCH 29, 1993
PAGE 12

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APRIL 2, 1993

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 modify
availability policy for deposits of country checks
Approved, March 30, 1993.

H .2
MARCH 29, 1993
PAGE 13

ADDITIONS AND CORRECTIONS
TO

APRIL 2, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

ADVISORY COUNCILS
Consumer Advisory Council.
Convened, March 25, 1993.
REGULATIONS AND POLICIES
Interagency policy statement on documentation for
Loans to Small- and Medium-sized Businesses and
Farms.
Approved, March 25, 1993.
SECURITIES REGULATION
Margin authority — delegation of authority to the
Commodity Futures Trading Commission to establish
or change levels of margins for stock index futures
contracts or options thereon.
Approved, March 22, 1993.

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

BANK HOLDING COMPANIES
Cleveland

Huntington Bancshares Incorporated, Columbus, Ohio —
to engage de novo in insurance activities through
The Huntington National Life Insurance Company.
Permitted, March 14, 1993.

Chicago

Lincoln Trail Bancshares, Inc., Taylorville, Illinois
— to acquire Palmer State Bank.
Approved, March 26, 1993.

CHANGE IN BANK CONTROL




Chicago

Avoca Financial Services, Inc., Council Bluffs,
Iowa — change in bank control.
Permitted, March 19, 1993.

H.2
MARCH 29, 1993
PAGE 14

ADDITIONS AND CORRECTIONS
TO

APRIL 2, 1993

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

COMPETITIVE FACTORS REPORTS




Cleveland

Merchants National Bank of Hillsboro, Hillsboro,
Ohio, proposed purchase of certain assets and
assumption of certain liabilities of the Ohio
branch of Home Savings of America, FSB, Irwindale,
California — report on competitive factors.
Submitted, March 19, 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

KSB Bancorp, Inc.,
Kingfield, Maine - 3 ( a ) (1)
application to become
a bank holding company
through the acquisition of
Kingfield Savings Bank,
Kingfield, Maine*

Newspaper

04-14-93

Federal Register 04-22-93

Dennis F. Murphy - Change
in Control notification to
increase ownership up to
15.7% of Community Bancorp,
Inc., Hudson, Massachusetts

Newspaper 04-16-93
Federal Register

04-20-93

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*

Federal Reserve Bank of New York
Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
___________ Notice Only___________

None.
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
Notice by Middletown Savings Bank Employee Stock Ownership
Trust, Middletown, New York to acquire up to 10.4 percent of
the voting shares of MSB Bancorp, Inc., Middletown, New York.
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)

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




4/14/93 4/

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 3. 1993
NAME OF BANK

RATING

EXAMINATION DATE

Bank of Bermuda (New York)
Limited
350 Park Avenue, 23rd FI.
New York, New York 10022

Needs to Improve

November 16, 1992

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
None.

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

N/Avail.
4/26/93

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

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
None.
1/

*

Subject to provisions of *
Community Reinvestment Act.
N/A - not yet available.




FEDERAL RESERVE BANK OF PHILADELPHIA

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following institutions were examined for CRA. The 30-business day period the bank
has to make the evaluation public has lapsed during the week ending April 2, 1993
Identification of Rat dings
In connection with the assessment of each insured depository
performance, a rating is assigned from the following groups:

institution's

CRA

Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Satisfactory record of meetdlng 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

Johnstown Bank and Trust
Company
532-34 Main Street
Johnstown, PA 15901

10/13/92

Satisfactory




Federal Reserve Bank of Cleveland
Applications Bulletin
For Week Ending April 3, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
Received notice from Society Bank & Trust,
Toledo, Ohio, on March 22, 1993, of its
intent to establish CBCT branches at Meijer
Store #115, 1391 Conant Street, Maumee, Ohio,
and Meijer Store #116, 1725 South Wheeling,
Oregon, Ohio.

* April 4, 1993

Received notice from Fifth Third Bank,
* April 15, 1993
Cincinnati, Ohio, on March 25, 1993, of its
intent to establish branches at 21593 Lorain
Road, Cleveland, Ohio;
22777 Rockside Road,
Bedford, Ohio; 14800 Madison Avenue, Lakewood,
Ohio; and 24601 Chagrin Boulevard, Beachwood,
Ohio; and to relocate an existing branch
from 29800 Lakeshore Boulevard to 30160 Lakeshore
Boulevard, Willowick, Ohio.
Received notice from Fifth Third Bank,
Cincinnati, Ohio, on April 2, 1993, of its
intent to establish a branch at One South Main
Street, Dayton, Ohio.

* April 24, 1993

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Received Section 3(a) (5) application from
Huntington Bancshares Incorpored, Columbus,
Ohio, on March 31, 1993, to acquire CB&T
Financial Corp., Fairmont, West Virginia.

*
N
F
#

-

F: *April 30, 1993

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




Applications Bulletin
For Week Ending April 3, 1993
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Received Section 3(a) (5) application from
Huntington Bancshares Incorpored, Columbus,
Ohio, on March 31, 1993, to acquire CB&T
Capital Investment Company, Fairmont, West
Virginia.

April 30, 1993

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 2, 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 2, 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.




NONE

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

Application

Comment Period Ending Date

Highlands Union Bank, Abingdon, Virginia,
to establish a branch near Exit 19 of
Interstate 81, Abingdon, Virginia.*

4-26-93

Commerce Bank of Virginia, Richmond,
Virginia, to establish a branch at
2958 River Road West, Goochland Court­
house, Virginia.*

4-30-93

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

Application

Comment Period Ending Date

Centura Banks, Inc., Rocky Mount, North
Carolina, to acquire Granite Savings Bank,
SSB, Rocky Mount, North Carolina, and have
that organization merge with its subsidiary,
Centura Bank, Rocky Mount, North Carolina.*

4-16-93

First Union Corporation, Charlotte,
North Carolina, to acquire First
American Metro Corp., McLean, Virginia.*

5-2-93

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.




A v a ila b ilit y

o f CRA P u b li c

E v a lu a t io n s

Week ending April 2, 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____

Potomac Valley Bank
4 North Main Street
Petersburg, West Virginia
The Bank of Marion
102 West Main Street
Marion, Virginia 24354




26847

Rating

12-14-93

Satisfactory

12-15-92

Satisfactory

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending April 2. 1993
Section 1 - Applications Subject to Newspaper Notice OnlyApplication

Comment Period Ending Date

None.
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice

Application

Comment Period Ending Date

HNB Holding Company, Inc.
Headland, A1abama
1-BHC formation, Headland National
Bank, Headland, Alabama.

05-01-93*
Federal Register

P.C.B. Bancorp, Inc.
Largo, Florida
After-the-fact change in control
notice by George Edward Feaster to
retain 13.71 percent of the outstanding
shares of common stock.

Not yet available*

P.C.B. Bancorp, Inc.
Largo, Florida
After-the-fact change in control notice
by John Victor Phillipoff to retain 11.81
percent of the outstanding shares of common
stock.

Not yet available*

University State Bank Corp.
Tampa, Florida
After-the-fact change in control notice by
Raul Roque, John A. R. Grimaldi, Frank
Musolino and Edward Simmon, to acquire 36.25
percent of the outstanding shares of common
stock.

Not yet available*

First National Bancorp
Gainesville, Georgia
To acquire Villa Rica Bancorp, Inc., Villa
Rica, Georgia, and thereby directly acquire
Bank of Villa Rica, Villa Rica, Georgia,
pursuant to Section 3 ( a ) (5) of the Bank Holding
Company Act.

04-23-93*
Federal Register

♦Subject to Provisions of the Community Reinvestment Act.




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

Comment Period Ending Date

First State Bancshares of Blakely, Inc.
Blakely, Georgia
After-the-fact change in control notice by
Samuel Guy Maddox to retain 25 percent of
the outstanding shares of common stock.

04-08-93*
Federal Register

Gulf Coast Bank Holding Company, Inc.
New Orleans, Louisiana
1-BHC formation, Gulf Coast Bank & Trust
Company, New Orleans, Louisiana.

04-15-93*
Federal Register

Section 3 - Applications Subject
Register Only
Application

to Federal

Comment Period Ending Date

Citizens Bancorp Investment/ Inc.
Lafayette, Tennessee
To engage de novo through Town and
Country Finance Company, Lafayette,
Tennessee, in making, acquiring, and
servicing loans or other extensions of
credit for its own account and for the
account of others, pursuant to Section
225.25(b)(1) of Regulation Y, and to
engage in insurance agency and underwriting
activities, pursuant to Section
225.25(b)(8)(ii) of Regulation Y.

Not yet available

♦Subject to Provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending April 2. 1993
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
SouthTrust Corporation
Birmingham, Alabama &
SouthTrust of Florida, Inc.
Jacksonville, Florida
Waiver request related to the acquisition
of Gulf & Southern Financial Corporation,
Fort Myers, Florida, and thereby the direct
acquisition of The National Bank of Lee
County, Fort Myers, Florida, and Community
National Bank of Sarasota County, Venice,
Florida, pursuant to Section 3 ( a ) (5) of the
Bank Holding Company Act.
SouthTrust Corporation
Birmingham, Alabama
Waiver request related to the merger of
County Bancshares, Inc., Troy, Alabama, with
and into SouthTrust of Covington County, Inc.,
Birmingham, Alabama, and thereby the direct
acquisition of Pike County Bank, Troy, Alabama,
pursuant to Section 3( a ) (5) of the Bank Holding
Company Act.
SouthTrust Corporation
Birmingham, Alabama
Waiver request related to the acquisition of
County Bancshares, Inc., Troy, Alabama, pursuant
to Section 3 ( a ) (3) of the Bank Holding Company Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending April 2. 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
None.




Rating

Date

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

Type

Application

Oakar

Citizens National Bancorp, Inc.
Darlington, Wisconsin
Darlington, Wisconsin branch of
Anchor Bank SSB
Madison, Wisconsin*

N

- 4-8-93

Membership

Community Bank of Elmhurst
Elmhurst, Illinois (in organization)
To become a member of the Federal
Reserve System*

N

- 4-5-93

Membership

Farmers State Bank
Jewell, Iowa
To become a member of the Federal
Reserve System*

N

- **

Membership

Community State Bank
Tipton, Iowa
To become a member of the Federal
Reserve System*

N

- **

Membership

Quad City Bank and Trust Company
Bettendorf, Iowa (in organization)
To become a member of the Federal
Reserve System*

N

- **

Branch
Reg K-OT

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

N

- **

Branch
Reg K-OT

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

N

- **

Branch

Isabella Bank and Trust
Mount Pleasant, Michigan
532 N. McEwan Street
Clare, Mi chigan*

N

-

Oakar

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

N




4-9-93

★★

Federal Reserve Bank of Chicago

Type

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

CoC-HC

Elcho Bancorporation, Inc.
Altoona, Iowa
Jo & Verle Burgason; Marguerite
Sevde; Delilah Shaw & Charles L.
Ryan as Trustee*

FR - **
NP - **

Y-2

Firstar Corporation
Milwaukee, Wisconsin
Metro Bancorporation
Waterloo, Iowa
The Waterloo Savings Bank
Waterloo, Iowa*

FR - 2-26-93.
N
- 2-26-93

Y-2

Firstar Corporation of Iowa
Des Moines, Iowa
Metro Bancorporation
Waterloo, Iowa
The Waterloo Savings Bank
Waterloo, Iowa*

FR - 2-26-93
N
- 2-26-93

Y-2

First Neighborhood Bancshares, Inc.
Toledo, Illinois
Newman Bancshares, Inc.
Newman, Illinois
First State Bank of Newman
Newman, Illinois*

FR - 3-25-93
N
- 4-10-93

Y-l

Dearborn Bancorp, Inc.
Dearborn, Mi chigan
Community Bank of Dearborn
Dearborn, Michigan*

Y-2

Midlothian State Bank Employees Stock
Ownership Trust
Midlothian, Illinois
Midlothian State Bank
Midlothian, Illinois*

CoC-HC

Cascade Bancorporation,
Venice, Florida
Delilah Shaw*

Y-l




FR
N
(in organization)

Inc.

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

- 4-2-93
- 3-22-93

FR
N

FR
NP
FR
N

- 4-2-93
- 3-28-93

-

it it

**

-

4-15 -9 3

-

3-28 -9 3

Federal Reserve Bank of Chicago
Section II

Applications Subject to Both Newsvape:
Register Notice
(
Continued)

and Federal
Comment Period
Ending Date

Typ e

Application

Y-l

GFH Corp.
Elmhurst, Illinois
Community Bank of Elmhurst
Elmhurst, Illinois (in organization) *

FR N
-

CoC-HC

First Business Bancshares, Inc.
Madison, Wisconsin
William T. Graham

FR - 3-31-93
N
- 3-20-93

Y-2

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

FR - 4-9-93
N
- **

CoC-HC

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

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

Y-l

NJIC, Inc.
Naperville, Illinois
WestBank/Napervilie
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*

NP - **
FR - **

Y-2

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

NP - **
FR - **

Y-l

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

NP - **
FR - **




4-5-93
4-5-93

Federal Reserve Bank of Chicago

Tvpe

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

Y-l

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

NP - **
FR - **

Y-l

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

NP - **
FR - **

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

NP - **
FR - **

- COC-HC




Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only

Type

Application

Y-4

Northern Trust Corporation
Chicago, Illinois
Northern Futures Corporation
Chicago, Illinois--Execute and clear
commodity futures contracts

4 (C) (8)

Comerica Incorporated
Detroit, Mi chigan
ComeriComp, Incorpora ted
Detroit, Mi chigan

Comment Period
Ending Date
FR - 4-9-93

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

Y-4

Republic Bancorp, Incorporated
Owosso, Michigan
Horizon Savings Bank
Beachwood, Ohio

FR - 3-25-93
N
- 3-15-93

Y-4

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

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

4 (C) (8)

Rake Bancorporation
Rake, Iowa
Making and servicing of loans

FR




4-14-93

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

Type

Application

Y-4

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

FR -

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

FR - 3-31-93

Y-4

Amcore Financial, Inc.
Rockford, Illinois
Amcore Investment Banking, Inc.
Rockford, Illinois- -Investment aitd
financial advisory services

FR - 3-31-93

4 (c) (8)

LeMars Bancorporation, Inc.
Le Mars, Iowa
De novo in making and servicing loans

FR - 4-5-93

SMB-OT

Comerica Bank
Detroit, Mi chigan
ET-92 Limited Dividend Housing
Association Limited Partnership
Detroit, Michigan

FR - **

4 (C) (8)

Comerica Incorporated
Detroit, Mi chigan
ET-92 Limited Dividend Housing
Association Limited Partnership
Detroit, Michigan

FR - 4-6-93

4 (c) (8)

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

FR




**

*

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

Type

Application

4 (c) (8)

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

Y-4

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

FR - **

4 (c) (8)

Comerica Incorporated
Detroit, Mi chigan
Comerica Community Development
Corporation
Detroit, Mi chigan

FR - **

4 (C) (8)

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

FR - **

4(c) (8)

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

FR - **

4 (C) (8)

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

FR - **




FR - **

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

Application

RoS

Cascade Bancorporation, Inc.
Venice, Florida
to redeem 4,375.00 of common voting shares &
11,314.66 common nonvoting shares
outstanding

RoS

Wabeno Bancorporation,
Inc.
A1toona, Iowa
to redeem a portion of shares currently
owned by Cascade Bancorporation, Inc.

N
- Newspaper
FR - Federal Register
* - Subject to Provisions of Community Reinvestment Act
★ ★
- Not available at this time




A V A ILA B ILITY 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 02# 1993.
If you are interested in obtaining a copy of the evaluation document, please
contact the bank(s) directly.Identification of Ratings
O-An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
S-An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community, including
low- and moderate -income neighborhoods, in a manner consistent with its .
resources and capabilities.
NI-An institution in this group needs to improve its overall record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate -income neighborhoods, in a manner
consistent with its resources and capabilities.
SN-An institution in this group has a substantially deficient record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate -income neighborhoods, in a manner
consistent with its resources and capabilities.
BANK NAME/LOCATION

EXAMINATION DATE

RATINGS

-First Bank-North
101 West Stephenson, Box 120
Freeport, Illinois:
61032-3658
(815) 233-3658

12/21/92

S

-Hawkeye Bank of Des Moines
431 East Locust
Des Moines, Iowa
50309-1999
(515) 248-7700

12/21/92

0




Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING APRIL 2, 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

Change in control notification
involving Planters Holding Company,
Indianola, Mississippi by Leroy H.
Paris, II, trustee of the Henry Paris
Grandchildren's Trust for Edgar Paris
Buchanan, the Irma P. Buchanan Trust,
the Henry Paris Grandchildren's Trust
for Sarah Rose Buchanan, the Henry Paris
Grandchildren's Trust for Henry Paris II,
the Henry Paris Grandchildren's Trust
for Rachel Marie Paris, and the Rachel
Myrvis Paris Trust

Federal Register:

4-19-

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

F E D E R A L R E S E R V E B A N K O F ST. L O U I S
St. Louis, Missouri

AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f m eeting com m unity credit needs

A n institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to
m eet the credit needs o f its entire delineated community, including low - and m oderate-incom e
neighborhoods, in a manner consistent w ith its resources and capabilities.
Satisfactory 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 community, including low - and moderate- incom e neighborhoods, in a manner
consistent w ith its resources and capabilities.
Needs 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 community, including low - and m oderate-incom e neighborhoods, in a
m anner consistent w ith its resources and capabilities.
Substantial noncom pliance in m eeting com m unity credit needs

A n institution in this group has a substantially deficient record o f ascertaining and helping to m eet the
credit needs o f its entire delineated comm unity, including tow- 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




Bank Address

April 2, 1993

Examination
Date

Examination
Rating

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

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

Not yet available

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

Not yet available

First Bank System, Inc., Mpls, MN
and its subsidiary Central Bancorporation, Inc., Denver, CO
For their subsidiary bank Central
Bank, N.A., Denver, CO, to merge
with Bank Western, fsb, Denver, CO,
or its proposed successor-by-con­
version Bank Western, N.A., Denver,
CO

Not yet available

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

Comment Period
Endina Date

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

Not yet available

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

Not yet available

* Subject to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section II - Applications Subject to Both
NewsDaoer and Federal Reaister Notice (Continued)
Comment Period
Endina Date

Aodication
First Interstate BancSystem
of Montana, Inc.
Billings, MT
To acquire 100% of the voting shares
of the Commerce BancShares of
Wyoming, Inc., Sheridan, WY*

4-29-93
(Federal Register)

4-29-93
(Newspaper)

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

Not yet available

Russell Bauman
To increase his ownership from
24.75% to 49.75% of the voting shares
of Kerkhoven Bancshares, I n c .,
Kerkhoven, MN

Not yet available

Section III - Applications Subject
to Federal Register Notice Only

Application

Comment Period
Endina Date

Haugo Bancshares, Inc.
Sioux Falls, SD
To encraae de novo in trust activities
through its acquisition of 50% of
Community Trust Company, Sioux Falls,
SD. a proposed de novo trust company.

4-19-93

Norwest Corporation
Mpls, MN
To engage in securities brokerage
activities through the acquisition of
certain assets of Columbia Investment
Services, Inc., Littleton, CO

4-19-93

* Subject to CRA




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

Application
Gaylord Bancorporation, Ltd.
Gaylord, MN
To engage de novo in making
and servicing loans, invest­
ment or financial advice,
arranging commercial real
estate equity financing, and
securities brokerage.

Not yet available

Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
First Integrity Bancorporation, Inc.
St. Cloud, MN
To redeem 100% of its preferred
shares.




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending April 2, 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.
B A N K (S ) EXAMINED
Citizens Bank & Trust Co.
130 McLeod Street, Box 847
Big Timber, MT 59011
(406) 932-5311
Dakota County State Bank
750 S. Plaza Drive
Mendota Heights, MN 55120
(612) 452-1320




DATE OF EXAMINATION
January 4, 1993

December 21, 1992

CRA RATING
Satisfactory

Satisfactory

Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

Frontier Bank of Laramie County,
Cheyenne, Wyoming, for prior approval
to establish a branch at Buttreys
East, Cheyenne, Wyoming.

Not Available

Union Colony Bank, Greeley, Colorado,
for prior approval to merge with
Union Colony Bank of Loveland, N.A.,
Loveland, Colorado.

Not Available

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

COMMENT PERIOD ENDING DATE

Robert W. Davis, Brenda B. Davis,
Anthony B. Davis, and Eric Lowell
Davis, all of Tulsa, Oklahoma, for
prior approval to increase each of
their proportionate ownership
interests in F & M Bancorporation,
Tulsa, Oklahoma, from 7.6 percent to
23.9 percent.

Not Available

FNS, Inc., Schuyler, Nebraska, for
prior approval to acquire 100 percent
of Howells Investment Co., Howells,
Nebraska.*

Not Available

Estes Park Restated ESOP 401(K) Plan,
Estes Park, Colorado, for prior
approval to acquire 48.14 percent of
the voting shares of Estes Bank
Corporation, Estes Park, Colorado.*

Not Available

Randall N. Snyder, and Peggy L.
Snyder, both of Baldwin, Missouri,
for prior approval to increase their
ownership interests in Prism Group,
Inc., Hamilton, Missouri, from 18.98
percent to 37.95 percent.

Not Available

B. John Barry, Aspen, Colorado and
Raymond A. Lamb, Paradise Valley,
Arizona, for prior approval to
acquire a total of 80.40 percent of
the voting shares of The Bank of New
Mexico Holding Company, Albuquerque,
New Mexico.

Not Available




Federal Reserve Bank of Kansas City

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
Estes Bank Corporation, Estes Park,
Colorado, for prior approval to
redeem 13,064 shares of its own
voting common stock.

Not Available

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 toimprove 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.




Federal Reserve Bank of Kansas City

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.
CRA
Rating

Bank/Location

Exam Date

CRA Public
Date

Security State Bank
P.O. Box 531
Basin, Wyoming
82410-0531

01-04-93

04-01-93

Satisfactory

Century Bank Academy at
Hancock
P.O. Box 15688
Colorado Springs, Colorado

01-04-93

04-01-93

Satisfactory

80935-5688*

*Application is subject to CRA.




FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF MARCH 29, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

Section 5(d)(3) Oakar application by
Texas Bancshares, Inc., San Antonio, TX, to acquire
through its subsidiary, First National Bank of South Texas,
Rio Grande City, TX, certain assets and assume the deposits of
First Federal Savings Bank (Alice Branch, 1910 E. Main St.,
Alice, TX 78332), San Antonio, TX

N/A

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

**
* NOTICE EXP

Change in Control Notice by
Harold Lee Blackburn, Blossom, TX, and James
Richard Gatlin, Powderly, TX, to acquire an
interest in Red River Financial Corporation,
Detroit, TX

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 MARCH 29, 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 4/02/93

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

Columbia Banking System, Inc., Bellevue,
Washington, to become a bank holding company
by acquiring Columbia National Bancshares,
Inc., and it subsidiary Columbia National
Bank, both located in Longview, Washington. *

Newspaper:

4/28/93

Fed. Reg.:

Not available

Section III - Applications Subject to Federal Register Notice Only
Application

Comment Period Ending Date

First Security Corporation, Salt Lake City,
Utah, to expand activities to include high
residual value leasing through First Security
Leasing Company, Salt Lake City, Utah.

Fed, Reg.:

4/26/93

Columbia Banking System, Inc., Bellevue,
Washington, to engage in certain nonbanking
activities through the retention of its
subsidiary, Columbia Savings Bank, A Federal
Savings Bank, Bellevue, Washington.

Fed. Reg.:

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 4/02/93
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending April 2, 1993.
Information about a particular institution’s
CRA evaluation may be obtained directly from the institution.
Institution

Location

Examination Date

Rating*

None

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




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