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RESEARCH LI BRARY
ANNOUNCEMENT

H.2, 1992, No. 14
Actions of the Board, its Staff, and
BOARD OF GOVERNORS
1
)0
the Federal Reserve Banks;
OF THE
Applications and Reports Received
FEDERAL RESERVE SYSTEMDuring the Week Ending April 4, 1992
Of CLEVELAND

f 13
a

3 |'32
i
j
!

ACTIONS TAKEN BY THE BOARD OF GOVERNORS
BANK HOLDING COMPANIES

N orw est C o rp o ra tio n , M in n eap o lis, M innesota — to
a c q u ire F i r s t F e d e ra l S avings Bank o f South D akota,
R apid C ity , South D akota.
D enied, March 30, 1992.
N orw est C o rp o ra tio n , M in n eap o lis, M innesota —
sta te m e n t o f re a so n s fo r d e n ia l o f th e a p p lic a tio n
to a c q u ire F i r s t F e d e ra l S avings Bank o f South
D akota, R apid C ity , South D akota.
A pproved, A p ril 3, 1992.
ENFORCEMENT

Bank o f A d a ir s v ille , A d a ir s v ille , G eorgia — w ritte n
agreem ent d a te d March 26, 1992, w ith th e F e d e ra l
R eserve Bank o f A tla n ta and th e C om m issioner o f th e
D epartm ent o f Banking and F inance o f th e S ta te o f
G eo rg ia.
Announced, A p ril 1, 1992.
F lo rid a F i r s t I n te r n a tio n a l Bank, Hollywood,
F lo rid a — w ritte n agreem ent w ith th e F e d e ra l
R eserve Bank o f A tla n ta , and th e S ta te C o m p tro ller
and Banking Com m issioner o f th e S ta te o f F lo rid a .
A nnounced, A p ril 1, 1992.
REGULATIONS AND POLICIES




R e g u la tio n DD — to im plem ent th e T ru th in Savings
A ct (D ocket R -0753).
P ro p o sed , A p ril 2 , 1992.
R e g u la tio n Y — in te rim amendments to im plem ent
c e r ta in re g u la to ry im provem ents c o n ta in e d in th e
F e d e ra l D ep o sit In su ra n c e C o rp o ra tio n Im provem ent
A ct o f 1991.
A pproved, A p ril 2 , 1992.
R e g u la tio n s K and Y — in te rim amendments to
im plem ent th e F o reig n Bank S u p e rv isio n Enhancement
A ct o f 1991.
A pproved, A p ril 2 , 1992.

H.2
MARCH 30,
PAGE 2

1992

TO

A P R IL 3,

1992

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 HOLDING COMPANIES




New York

Barclays PLC, London, England, and Barclays Bank
PLC — to engage de novo in certain nonbanking
activities through Barclays De Zoete Wedd
Securities Inc., New York, New York.
Returned, March 31, 1992.

Atlanta

Camilla Bancshares, Inc., Camilla, Georgia —
acquire Bank of Camilla.
Approved, April 3, 1992.

Richmond

City Holding Company, Charleston, West Virginia — to
acquire Home Bancorp, Inc., Sutton, West Virginia.
Approved, March 30, 1992.

Kansas City

Commerce Bancshares, Inc., Kansas City, Kansas, and
CBI - Illinois, Inc. — to acquire First Peoria
Corporation, Peoria, Illinois.
Approved, April 3, 1992.

Atlanta

Community National Bancorporation, Ashburn, Georgia - to acquire certain assets and assume certain
liabilities of the main office of First Federal
Savings Bank, F.S.B.
Approved, April 3, 1992.

S t . Louis

First Banks, Inc., St. Louis, Missouri — to acquire
Win Bancorp, Inc., Winchester, Illinois.
Approved, March 30, 1992.

Minneapolis

First National Agency of Bagley, Inc., Bagley,
Minnesota — to acquire Fosston Bancorporation,
Inc., Fosston, Minnesota, and Farmers State Bank of
Fosston.
Approved, April 3, 1992.

Minneapolis

First National Bank of Bagley, Bagley, Minnesota —
to acquire Fosston Bancorporation, Inc., Fosston,
Minnesota, and Farmers State Bank of Fosston.
Approved, April 3, 1992.

to

H .2
MARCH 30,
PAGE 3

1992

TO

A P R IL 3,

1992

ACTIO N S TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Chicago

First National Company* Storm Lake* Iowa —
in making and servicing loans.
Approved* April 3* 1992.

to engage

Dallas

FWNB Bancshares* Inc.* Plano* Texas — proposal that
First Western National Bank* Carrollton* Texas*
acquire certain assets and assume certain
liabilities of New Merabank Texas* FSB* El Paso*
Texas.
Approved* April 3* 1992.

Kansas City

HNB Corporation* Arkansas City* Kansas — to acquire
American Bancorp of Ponca City* Inc.* and American
National Bank.
Approved* April 3* 1992.

Dallas

Lamar Delaware Financial Corporation* Dover* Delaware
— to acquire Lamar Bank* Beaumont* Texas.
Approved* March 31* 1992.

New York

Long - Term Credit Bank of Japan* Limited* Tokyo*
Japan — to engage in certain advisory services
relating to commercial real estate loans and
properties through a joint venture between
Greenwich Capital Financial* Inc.* and Commonwealth
International Associates* Inc.
Returned* March 31* 1992.

Boston

MassBank Corp.* Reading* Massachusetts —
MassBank For Savings.
Approved* April 3* 1992.

S t . Louis

Mercantile Bancorporation Inc.* St. Louis* Missouri * proposal that Mercantile Bank of Sedalia*
Sedalia* Missouri* acquire certain assets and
assume certain liabilities of First State Savings
Association.
Approved* April 3* 1992.

Philadelphia

Moxham Bank Corporation* Johnstown* Pennsylvania —
to engage de novo in community development
activities through Moxham Community Development
Corporation.
Permitted, March 31, 1992.

to retain

H .2
MARCH 30,
PAGE 4

1992

TO

A P R IL 3,

1992

A CTIO NS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Atlanta

North Georgia National Bancshares, Inc., Woodstock,
Georgia — to acquire certain assets and assume
certain liabilities of the Atlanta administrative
branch of First Federal Savings Bank, F.S.B.,
Ashburn, Georgia.
Approved, April 3, 1992.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota — to
engage in insurance agency activities through the
surety / bond book of insurance business of Richard
A. Nelson.
Approved, April 3, 1992.

Chicago

Old State Bank Corporation, Fremont, Michigan —
acquire The Old State Bank of Fremont.
Approved, April 1, 1992.

Director, BS&R

Panhandle Bancshares, Inc., Panhandle, Texas — to
acquire certain assets and assume certain
liabilities of the Wolfin branch of New MeraBank,
F.S.B., El Paso, Texas.
Approved, April 3, 1992.

Richmond

Peoples Bancorporation, Inc., Easley, South
Carolina — to acquire The Peoples National Bank.
Approved, April 1, 1992.

Atlanta

TB&C Bancshares, Inc., Columbus, Georgia, and Synovus
Financial Corporation — proposal to acquire
Citizens First Bank, Rome, Georgia, through the
charter conversion of Synovus Financial
Corporations Federal Savings Association
subsidiary, Citizens Federal Savings Bank of Rome.
Approved, April 2, 1992.

Richmond

Union Bancorp, Inc., Bowling Green, Virginia —
acquire Union Bank and Trust Company.
Approved, April 2, 1992.

New York

Village Financial Services, LTD., Port Chester, New
York — to acquire Sentry Savings and Loan
Association, Stamford, Connecticut.
Withdrawn, April 3, 1992.

to

to

H .2
MARCH 30,
PAGE 5

1992

TO

A P R IL 3,

1992

ACTIO NS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES
Atlanta

Villages Bancorporation, Inc., Lady Lake, Florida —
to acquire First Bank of the Villages.
Approved, April 2, 1992.

S t . Louis

W.B.T. Holding Company, Memphis, Tennessee — to
engage de novo in making residential mortgages and
secured commercial loans.
Permitted, April 2, 1992.

BANK PREMISES
Atlanta

Bank of Adairsville, Adairsville, Georgia —
investment in bank premises.
Approved, April 3, 1992.

Chicago

City Bank of Bloomington - Normal, Bloomington,
Illinois — investment in bank premises.
Approved, March 31, 1992.

Chicago

Hendricks County Bank and Trust Company, Brownsbury,
Indiana — investment in bank premises.
Approved, April 3, 1992.

BANKS, STATE MEMBER
New York

Morgan Guaranty Trust Company of New York, New York
- issuance of capital note.
Approved, March 31, 1992.

CAPITAL STOCK




Kansas City

Colwich Financial Corporation, Colwich, Kansas —
redemption of shares.
Approved, April 3, 1992.

Chicago

Old Kent Financial Corporation, Grand Rapids,
Michigan — redemption of shares
Returned, April 1, 1992.

Chicago

Sandwich Banco, Inc., Sandwich, Illinois —
redemption of shares.
Approved, April 3, 1992.

H .2
MARCH 30,
PAGE 6

1992

TO

A P R IL 3,

1992

ACTIO NS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

CHANGE IN BANK CONTROL
San Francisco

Civic Bancorp, Oakland, California —
control.
Permitted, March 30, 1992.

change in bank

Atlanta

First National Corporation of Picayune, Picayune,
Mississippi — change in bank control.
Permitted, March 31, 1992.

Minneapolis

Mower Agency, Inc., Austin, Minnesota —
bank control.
Permitted, April 1, 1992.

Kansas City

United Bank of Kansas, Inc., Liberal, Kansas —
change in bank control.
Permitted, April 3, 1992.

Dallas

Western Bancshares of Alamogordo, Inc., Carlsbad, New
Mexico — change in bank control.
Permitted, April 1, 1992.

change in

COMPETITIVE FACTORS REPORTS




Atlanta

Bank of East Tennessee, Knoxville, Tennessee,
proposed merger with First Heritage National Bank,
Loudon, Tennessee — report on competitive factors.
Submitted, March 30, 1992.

Atlanta

Bankers First Savings Bank, FSB, Rossville, Georgia,
proposed merger with Bankers First Savings Bank,
FSB, Augusta, Georgia — report on competitive
factors.
Submitted, March 30, 1992.

Atlanta

Barnett Bank of Highlands County, Sebring, Florida,
proposed merger with the Arcadia office of Barnett
Bank of Southwest Florida — report on competitive
factors.
Submitted, March 30, 1992.

Atlanta

Community Bank of Lafourche, Raceland, Louisiana,
proposed merger with Lafourche Bank — report on
competitive factors.
Submitted, March 30, 1992.

H .2
MARCH 30,
PAGE 7

1992

TO

A P R IL 3,

1992

A CTIO NS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS




Minneapolis

First Bank/ Upper Michigan/ N.A., Gladstone/
Michigan/ proposed merger with New National Bank of
Gladstone — report on competitive factors.
Submitted/ April 3/ 1992.

Kansas City

First Community Industrial Bank/ Denver, Colorado,
proposed merger with GEIbank Industrial Bank —
report on competitive factors.
Submitted, March 31, 1992.

Kansas City

First National Bank of Brighton, Brighton, Colorado,
proposed merger with Valley Bank of Frederick,
Frederick, Colorado — report on competitive
factors.
Submitted, March 31, 1992.

Atlanta

First National Bank of Haralson County, Buchanan,
Georgia, proposed merger with Commercial Bank,
Tallapoosa, Georgia — report on competitive
factors.
Submitted, March 30, 1992.

Richmond

Franklin National Bank of Washington, D.C.,
Washington, D.C., proposed merger with Franklin
Interim National Bank — report on competitive
factors.
Submitted, March 30, 1992.

Richmond

Garrett National Bank, Oakland, Maryland, proposed
merger with Liberty Bank of Maryland, Cumberland,
Maryland — report on competitive factors.
Submitted, March 30, 1992.

Dallas

Interstate Bank North, Houston, Texas, proposed
merger with Compass Bank - Houston, Houston,
Texas — report on competitive factors.
Submitted, March 30, 1992.

Atlanta

SouthTrust
Atlanta,
American
factors.
Submitted,

Bank of Atlanta, National Association,
Georgia, proposed merger with First
Bank of Georgia — report on competitive
March 30, 1992.

H .2
MARCH 30,
PAGE 8

1992

TO

A P R IL 3,

1992

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

COMPETITIVE FACTORS REPORTS
Philadelphia

West Milton State Bank, West Milton, Pennsylvania,
proposed merger with West Milton State Interim Bank
— report on competitive factors.
Submitted, April 3, 1992.

EXTENSIONS OF TIME
Chicago

Old Kent Bank and Trust Company, Grand Rapids,
Michigan — extension to June 14, 1992, to
establish a branch at 844 East Beltline N.E., and
to invest in bank premises.
Granted, March 31, 1992.

Cleveland

Provident Bancorp, Inc., Cincinnati, Ohio —
extension to June 30, 1992, to acquire Suburban
Federal Savings and Loan Association, Covington,
Kentucky; Peoples Federal Savings and Loan
Association, Bellevue, Kentucky; and Thrift Savings
and Loan Company, Cincinnati, Ohio, and Merit
Savings Association.
Granted, April 3, 1992.

San Francisco

Security Pacific Corporation, Los Angeles, California
— extension to divest certain property.
Granted, April 3, 1992.

San Francisco

Zions Bancorporation, Salt Lake City, Utah —
extensions to divest certain properties.
Granted, April 1, 1992.

REGULATIONS AND POLICIES
Secretary
FOMC

Federal Open Market Committee — policy record for
the meeting of February 4- 5, 1992.
Published, April 3, 1992.

RESERVE BANK OPERATIONS




Director, FRBO

Federal Reserve Bank of Boston —
computer equipment.
Approved, April 2, 1992.

to purchase

H .2
MARCH 30,
PAGE 9

1992

TO

A P R IL 3,

1992

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

RESERVE BANK OPERATIONS




Director, FRBO

Federal Reserve Bank of Dallas —
communications system.
Approved, March 30, 1992.

to purchase voice

Director, FRBO

Federal Reserve Bank of Dallas —
communications equipment.
Approved, April 1, 1992.

to purchase

Director, FRBO

Federal Reserve Bank of Kansas City —
computer equipment.
Approved, March 30, 1992.

to lease

Director, FRBO

Federal Reserve Bank of Kansas City —
computer equipment.
Approved, April 3, 1992.

to lease

Director, FRBO

Federal Reserve Bank of S t . Louis —
computer equipment.
Approved, April 2, 1992.

to purchase

H.2

ADDITIONS AND CORRECTIONS

MARCH 30,
PAGE 10

1992

TO

A P R IL 3,

1992

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

BANK BRANCHES, DOMESTIC




Chicago

Bankers Trust Company, Des Moines, Iowa — to
establish an automated teller machine at Kum-N-Go,
50th and E.P. Trust Parkway, West Moines, Iowa.
Returned, March 27, 1992.

Chicago

Bankers Trust Company, Des Moines, Iowa — to
establish an offsite electronic facility at TaitTs
Foods, 4100 University.
Returned, March 27, 1992.

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

Berkshire Financial
Services, Inc., Lee,
Massachusetts - 3(a)(1)
application to acquire 100% of
the voting shares of Lee Bank,
Lee, Massachusetts*

Newspaper

02-18-92

Federal Register 04-14-92

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Application

Comment Period Ending Date

Fleet/Norstar Financial
Group, Inc., Providence,
Rhode Island - 4( c ) (8) notification
to acquire 11.239% of The New York
Switch Corporation, Hackensack, New
Jersey

Federal Register 05-05-92

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




NONE

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___________
Chemical Bank, New York, New York, to establish a branch
at Lenox Hill Hospital, 100 E. 77th Street, New York,
New York.

5/1/92

Manufacturers and Traders Trust Company, Buffalo, New York
to merge Central Trust Company, Rochester, New York and
Endicott Trust Company, Endicott, New York, two wholly
owned subsidiaries of Midlantic Corporation, Edison, New
Jersey with and into Manufacturers and Traders Trust
Company.

5/1/92

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None.
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
National Bank of Canada, Montreal, Canada to engage de
novo through its existing subsidiaries or any subsidiaries
yet be formed in the provision of securities brokerage services,
related securities credit activities and incidental activities,
such as offering custodial services and cash management services,
and underwriting and dealing in (1) obligations of the United
States, (2) general obligations that State member banks of the
Federal Reserve System may be authorized to underwrite and
deal in, and (3) acceptances and certificates of deposit.
N/A
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.
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, ina manner consistent with its resources and capabilities.
Week Ending April 4. 1992
NAME OF BANK

RATING

EXAMINATION DATE

Gotham Bank of New York
1412 Broadway
New York, N.Y. 10018

Needs to Improve

August 6, 1991

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
Comment Period Ending Date
West Milton Bancorp# Inc., West Milton, 1/
PA requests permission to form a bank
holding company by acquiring 100% of West
Milton State Bank, West Milton, PA,
pursuant to Section 3(a)(1) of the Bank
Holding Company Act.
Newspaper:
Federal Register:

4/3/92
4/24/92

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Comment Period Ending Date
Franklin Financial Services Corporation,
Chambersburg, PA seeks approval to acquire
FFSC Interim Federal Savings Bank, Waynesboro,
PA, pursuant to Section 4(c)(8) of the Bank
Holding Company Act. (This application has
been filed in connection with the other
pending application requesting approval for
Applicant's subsidiary bank, Farmers and
Merchants Trust Company of Chambersburg,
Chambersburg, PA to acquire the Waynesboro
branch office in Pennsylvania of Home Federal
Savings Bank, Hagerstown, Maryland, pursuant
to Section 5(d)(3) of the FDI Act, as amended.)

N/A*

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

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




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 3, 1992.
Identification of Ratings
In connection with the assessment of each insured depository
performance/ a rating is assigned from the following groups:

institution's

CRA

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




Examination Date
None.

CRA Rating

Federal

R e s e r v e B a n k of C l e v e l a n d

Applications Bulletin
For Week Ending April 11, 1992

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
Received application from Fifth Third Bank,
Cincinnati, Ohio, on April 7, 1992, for
permission to establish a branch at 7919
Day Drive, Parma, Ohio.

* May 6, 1992

Received application from Fifth Third Bank,
Cincinnati, Ohio, on April 7, 1992, for
permission to establish a branch at 4798
Ridge Road, Brooklyn, Ohio.

* May 6, 1992

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

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Received Section 4 ( c ) (8) application from
Banc One Corporation, Columbus, Ohio, on
March 31, 1992, to acquire the mortgage
servicing business of Diamond Mortgage
Corporation and Diamond Savings & Loan, both
of Findlay, Ohio.

Not Yet Known #

Received
National
on April
Services

Not Yet Known #

*
N
F
#

-

Section 4 ( c ) (8) application from
City Corporation, Cleveland, Ohio,
3, 1992, to acquire Check Security
of America, Houston, Texas.

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




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

Received request from Ohio Citizens Bank,
Toledo, Ohio, on April 6, 1992, for
permission to exceed its limit of investment
in bank premises permitted under Section 24A
of the Federal Reserve Act.




Federal Reserve Bank of Richmond

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

Allied Bank Capital, Inc., Sanford,
North Carolina, to become a bank
holding company through the acquisition
of Summit Savings Bank, SSB, Sanford,
North Carolina.*

5-1-92

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

Allied Irish Banks Limited pic,
Dublin, Ireland, and First
Maryland Bancorp, Baltimore,
Maryland, to engage in community
development activities.

Not yet available.

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

^Application is subject to CRA requirements.




Comment Period Ending Date

Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations
Week ending April 3, 1992

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

Examination
Date

Rating

King George State Bank, Inc.
P. 0. Box 81
King George, Virginia 22485

1-21-92

Satisfactory

Pamplico Bank and Trust Company
P. 0. Box 97
Pamplico, South Carolina 29583

1-28-92

Satisfactory




F e d e r a l R e s e r v e B a n k of A t l a n t a
A p p l i c a t i o n s B u l l e t i n for W e e k Ending April

3.

1992

Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

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

Comment Period Ending Date

First Metro Bancorp
Muscle Shoals, Alabama
1-BHC formation, First Metro Bank,
Muscle Shoals, Alabama.

Not yet available*

Park Bankshares,

Not yet available*

Inc.

Lake Park, Florida
1-BHC formation, First National Bank of
Lake Park, Lake Park, Florida.
The Terrace Bank of Florida
Tampa, Florida
Change in control notification by Ann
McKeel Ross to acquire an additional
2.70 percent of the outstanding shares
of common stock.
The acquisition will
increase Ms. Ross' total ownership to
13.14 percent.
Crossroads Bancshares, Inc.
Perry, Georgia
1-BHC formation, Crossroads Bank of
Georgia, Perry, Georgia.
Pioneer Bancshares, Inc.
Chattanooga, Tennessee
1-BHC formation, Pioneer Bank, Chattanooga,
Tennessee.

♦Subject




to P r o v i s i o n s

of

Not yet available*

Not yet available*

04^20-92*
Newspaper

t h e C o m m u n i t y R e i n v e s t m e n t Act.

F e d e r a l R e s e r v e B a n k of A t l a n t a
A p p l i c a t i o n s B u l l e t i n for W e e k E nding April

3.

1992

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

County Bancshares, Inc.
Troy, Alabama
To establish Pike County Federal Savings
Bank, Troy, Alabama (Interim thrift).
Interim Thrift is being established to
acquire certain assets and assume certain
liabilities of the Troy, Alabama branch of
First Federal Bank, FSB, Tuscaloosa, Alabama,
pursuant to Section 4 ( c ) (8) of the Bank
Holding Company Act and Section 5 ( d ) (3) of
the Federal Deposit Insurance Act, as amended
by the Federal Deposit Insurance Corporation
Improvement Act of 1991.

04-20-92*

Section 3 - Applications Subject to Federal
Register Notice Only
Comment Period Ending Date

Application
Barnett Banks, Inc.
Jacksonville, Florida
To engage de novo in making, acquiring,
and servicing loans, pursuant to
Section 225.25(b)(1) of Regulation Y.

Not yet available

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
SunTrust Banks, Inc.
Atlanta, Georgia
Commitment waiver request.

♦Subject




to Provisions

of t h e C o m m u n i t y R e i n v e s t m e n t Act.

F e d e r a l R e s e r v e B a n k of A t l a n t a
A p p l i c a t i o n s B u l l e t i n for W e e k E n d i n g A p r i l

3.

1992

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
Sun Bank of Tampa Bay
P. 0. Box 3303
Tampa, Florida 33601
(813) 224-2121




Rating

Date

Satisfactory

12-02-91

Federal Reserve Bank of Chicago

TZPe

Section I - Applications Subject to Newspaper
Notice Only
Cannent Period
Ending nate
Application

Merger/

Branch

1st Source Bank
South Bend, Indiana
Fanners State Bank of Wyatt
Wyatt, Indiana
66626 State Road 331
Wyatt, Indiana*

N

- 3-12-92

Branch

1st Source Bank
South Bend, Indiana
1101 Boyd Boulevard
La Porte, Indiana*

N

- 3-12-92

Branch

1st Source Bank
South Bend, Indiana
401 E. Colfax Street
South Bend, Indiana*

N

- 3-12-92

Branch

1st Source Bank
South Bend, Indiana
411 Illinois Street
Walkerton, Indiana*

N

- 3-12-92

Merger

State Savings Bank of Scottville
Scottville, Michigan
Ludington Branch of Great Lakes
Bancorp, A Federal Savings Bank
Ludington, Michigan

N

- **

EFT

Bankers Trust Company
Des Moines, Iowa
Kum-N-Go, 50th & E.P. Trust Parkway
West Des Moines, Iowa*

N

- 4-1-92

EFT

Bankers Trust Company
Des Moines, Iowa
Tait's Foods, 4100 University
Des Moines, Iowa*

N

- 4-17-92

Membership

Bank of Ypsilanti
Ypsilanti, Michigan (in organization)
To become a member of the Federal
Reserve System*

N

- **

EFT

Community State Bank
Avilla, Indiana
506 East North Street
Kendalville, Indiana*

N

- **

Branch/24A

Peoples State Bank of Mansfield
Mansfield, Illinois
502-504 E. Oak Street
Mahomet, Illinois*

N

- 4-13-92




Federal Reserve Bank of Chicago

Section JT - Appl irations Subject to Both Newspaper and Ftefteral
Register Notice
Comment Period
rending H ate
Application




Northwest Financial Corp.
Spencer, Iowa
Conover Bancarporation
Creston, Iowa
First National Bank in Creston
Creston, Iowa*

ER - 4-17-92
N - 4-15-92

First Ccranunity Bancshares Corp.
Ananosa, Iowa
First Oannmity Bank
Milton, Wisconsin*

FR - 4-6-92
N - 4-13-92

First Ccraminity Bancshares Corp.
Ananosa, Iowa
Lesemal Corporation
Ananosa, Iowa
Citizens Savings Bank
Anamosa, Iowa*

FR - 4-6-92
N - 4-13-92

Princeton National Bancorp, Inc.
FR - 4-6-92
Princeton, Illinois
N - 4-17-92
Illinois Valley Bancshares, Inc.
Princeton, Illinois
Colonial Bank and Trust Go. of Bureau County
Princeton, Illinois
Colonial Bank and Trust Co. of LaSalle County
Peru, Illinois*
G.R. Bancorp, Ltd.
Grand Ridge, Illinois
The First National Bank of Grand Ridge
Grand Ridge, Illinois*

FR - 4-24-92
N - **

Capitol Bancorp, Ltd.
Lansing, Michigan
United Savings Bank, FSB
(W/B Oakland Ccnmeroe Bank)
Farmington Hills, Michigan*

FR - 4-27-92
N - 11-25-91

Banner Bancorp, Ltd.
Birnamwood, Wisconsin
Eitzen Independents, Inc.
Eitzen, Minnesota
Eitzen State Bank
Eitzen, Minnesota*

FR - **
N - **

Federal Reserve Bank of Chicago

Section II - Applications Subject to Both Newspaper and Federal
Register Notice
(Continued)
Comment Period
E n d in g n a t e
Application
GoC-HC

Eitzen Independents, Inc.
Eitzen, Minnesota
Banner Bancorp, Ltd.
Birnamwood, Wisconsin

FR
N

- **
- **

Y-2

Gore-Bronson Bancorp, Inc.
Prospect Height, Illinois
water Tower Bank
Chicago, Illinois*

FR
N

- **
- **

Y-l

Mibank Corporation
Ypsilanti, Michigan
Bank of Ypsilanti
Ypsilanti, Michigan (in organization)*

FR
N

- **
- **

Section III - Applications Subject to f a
t deral Register
Notice Only
Ccranent Period
Ending nate

Type

Application

4(c)(8)

First Fanners Financial Corporation
Converse, Indiana
Personalized Tax Services
Converse, Indiana

FR - 4-24-92

Y-4

Firstar Corporation
Milwaukee, Wisconsin
Federated Insurance Services Corporation
Menomonee Falls, Wisconsin

FR - 4-27-92

Y-4

Camerica Incorporated
Detroit, Michigan
100 Talon Centre Associated T.iwiitgd
Partnership
Detroit, Michigan

FR - 4-13-92

Y-4

Manufacturers National Corporation
Detroit, Michigan
100 Talon Centre Associated Limited
Partnership
Detroit, Michigan

FR - 4-13-92

Y-4/QftKAR

First Mid-Illinois Bancshares, Inc.
FR - 3-23-92
Mattoon, Illinois
Heartland Federal Savings and Loan Association
Mattoon, Illinois




Federal Reserve Bank of Chicago

Section III - Aoolications Subiect to Federal Reaister
Notice Qnlv
(continued)
Application

Comment Period
Endino Date

Y-4

Illinois Financial Services, Inc.
Chicago, Illinois
Civic Federal Savings Bank
Chicago, Illinois

FR - 4-27-92

Y-4

Metropolitan Bancorp, Inc.
Chicago, Illinois
Civic Federal Savings Bank
Chicago, Illinois

FR - 4-27-92

Section IV - Arolications Not Subiect to Federal Reaister or Newsoarer
Notice
2a s

Application

RoS

The Newburg Corporation
St. Ansgar, Icwa
To redeem 18,988 shares of cannon stock

RoS

Tanco, Ltd.
Guttenberg, Iowa
To redeem 106,240 shares of preferred stock

N

- Newspaper

FR - Federal Register
* - Subject to Provisions of Ccnmunity Reinvestment Act
** - Not available at this tin**




AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following state member banks have been examined by the Federal Reserve Bank
of Chicago for compliance with the CRA. The 30-business day period the bank has
to make the evaluation public has lapsed during the week ending April 03, 1992.
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
-Midwest Commerce Banking Company
121 West Frankling Street
Elkhart, Indiana
46515
(219) 294-6621




EXAMINATION DATE

12/02/91

RATING

S

Federal Reserve Bank of St. Louis
FOR THE VEEK ENDING APRIL 3, 1992

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End of Comment Period

None.

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

End of Comment Period

None.

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application

End of Comment Period

None.

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
End of Comment Period
Section 24A application by State Bank of Breese,
Breese, Illinois to make an additional investment
in bank premises.

Not applicable

Section 24A application by The Peoples Bank &
Trust Company, Greensburg, Kentucky to make an
additional investment in bank premises

Not applicable

Stock redemption notification by CBX Corporation,
Carrollton, Illinois

Not applicable

Section 9 application by Bank of Iberia, Iberia,
Missouri to become a member of the Federal
Reserve System




Not applicable

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

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

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

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

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

FOR THE WEEK ENDING

Name of Bank

None




Bank Address

April 3, 1992

Examination
Date

Examination
Rating

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

Application
None.

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

Application
Country Bankers, Inc.
Blooming Prairie, MN
To acquire 100% of the voting shares of
Citizens State Bank of Hayfield, Hayfield,
MN and 95% of the voting shares of Merchants
State Bank of Blooming Prairie, Blooming
Prairie, MN*
Guaranty Development Company
Livingston, MT
To acquire InterWest Acquisition Bank
Livingston, MT*

4-20-92
(Federal Register)

Not yet available

Section III - Applications Subject
to Federal Register Notice Only
Application
Norwest Corporation
Minneapolis, MN
Through a sub., P N, Inc., proposes
to enter into a partnership with
Procordia Corporate Services, Inc. The
partnership will engage in asset leasing
and asset financing activities.
Security Bank Shares, Inc.
Iron river, WI
To engage de novo in making and
servicing loans.

* Subject to CRA




Comment Period
Ending Date
4-27-92

Not yet available

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




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending April 3, 1992

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 moderateincome neighborhoods, in a manner consistent with its
resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low-and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.

BANK( ) EXAMINED
S
None.




DATE OF EXAMINATION

CRA RATING

Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION
The State Bank West, Jackson,
Wyoming, for prior approval for
membership in the Federal Reserve
System.

COMMENT PERIOD ENDING DATE
Not Available

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

COMMENT PERIOD ENDING DATE

United Bancorporation of Wyoming,
Jackson, Wyoming, for prior approval
to acquire 100 percent of the voting
shares of The State Bank West,
Jackson, Wyoming.*

Not Available

Mike and Tamara Daly, Wheatland,
Wyoming, for prior approval to
increase each of their proportionate
ownership interests in Wheatland
Bankshares, Inc., Wheatland, Wyoming,
from 22.91 percent to 29.36 percent.

Not Available

First Fidelity Bancorp, Inc.,
Oklahoma City, Oklahoma, for prior
approval to acquire 100 percent of
the voting shares of City Bancorp of
Norman, Inc., Norman, Oklahoma.*

Not Available

John David Davenport, Oklahoma City,
Oklahoma, for prior approval to
increase his interest in voting
equity securities of Quail Creek
Bancshares, Oklahoma City, Oklahoma,
by .04 percent to 25.01 percent.

Not Available

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




COMMENT PERIOD ENDING DATE

Federal Reserve Bank of Kansas City

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
Wheatland Bankshares, Inc.,
Not Available
Wheatland, Wyoming, for prior
approval to redeem 20,000 shares of
its own voting common stock.
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
Outstanding record of meeting community credit needs
An institution in this group has an outstanding record of, and
is a lender in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in an manner consistent with
its resources and capabilities.
Satisfactory record of meeting community credit needs
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods,
in a manner consistent with its
resources and capabilities.
Needs to improve record of meeting community credit needs
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- and moderateincome neighborhoods,
in a manner consistent with its
resources and capabilities.




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.
Bfrnk/Location

Exam Date

CRA Public
Date

CRA
Rating

Bank of Southern Colorado
1-6-92
P.0. Box 7194
Pueblo West, Colorado 81007-0194

3-31-92

Satisfactory

1-6-92

3-31-92

Satisfactory

Greenhorn Valley Bank
#1 N. Parkway
P.O. Box 33
Colorado City, Colorado

81019

*Application is subject to CRA




FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF MARCH 30, 1992
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY

APPLICATION

NOTICE EXP

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

APPLICATION

**
* NOTICE EXP

Change in Control Notice by
Norman Dean Oswald, Duncanville, TX, to acquire an
interest in Metroplex Bancshares, Inc., Dallas, TX
(Resubmission)

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 MEEK OF MARCH 30, 1992

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 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 grouphas 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 4/03/92

Section I - Applications Sub.iect to Newspaper Notice Only
Application

Comment Period Ending Date

None

Section II - Applications Sub.iect to Both
Newspaper and Federal Register Notice
None

Section III - Applications Sub.iect to Federal Register Notice Only
BankAmerica Corporation, San Francisco,
California, to engage in nonbaking activities
through the acquisition of H.F. Holdings, Inc.,
Marina del Rey, California.

Fed. Reg.: Not yet published

Redwood Empire Bancorp, Santa Rosa, California,
to acquire 100 percent of Lake Savings and
Loan Association, Lakeport, California.

Fed. Reg.: Not available

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

*

Subject to CRA




FEDERAL RESERVE BANK OF SAN FRANCISCO (cont’d.)

Week ending 4/03/92
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending April 3, 1992. Information about a particular institution’s
CRA evaluation may be obtained directly from the institution.
Institution

Location

Citizens Bank of
Santa Paula

948 Main Street
Santa Paula, CA 93060
Tel: (805) 525-4413

Examination Date
12/16/91

Rating*
Satisfactory

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




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