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ANNOUNCEMENT H.2, 1996, No. 14 RESEARCH LlB^ftions of the Board, its Staff, and BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM M U the Federal Reserve Banks; Applications and Reports Received D g r $ n g | W e e k Ending April 6, 1996 ACTIONS TAKEN BY THE BOARD BANK HOLDING COMPANIES Butte Bank Shares, Inc., Butte, Montana -- to acquire shares of First Citizens Bank of Butte. Approved, April 1, 1996. Emigrant Bancorp, Inc., New York, New York -- to indirectly acquire shares of Queens County Bancorp, Inc., Flushing, New York, and Queens County Savings Bank . Approved, April 1, 1996. North Fork Bancorporation, Inc., Mattituck, New York, and North Fork Bank -- request for reconsideration of the applications to acquire Extebank, Stony Brook, New York. Denied, April 1, 1996. Wilson Bank Holding Company, Lebanon, Tennessee -- to acquire Dekalb Community Bank, Smithville, Tennessee. Approved, April 1, 1996. BOARD OPERATIONS Internet -- funding to support development of information systems for the World Wide Web. Approved, April 5, 1996. INTERNATIONAL OPERATIONS Clear Creek Bank Corp., Idaho Springs, Idaho -- to establish DahtBank International Limited, The Valley, Anguilla, British West Indies. Denied, April 1, 1996. H. 2 A P R I L 1, 1996 PAGE 2 TO A P R I L 5, 1996 ACTIONS TAK E N BY THE S T A F F AND T HE F E D E R A L R E S E R V E B ANKS 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 Dallas Central Bank, Monroe, Louisiana -- to establish a branch at 330 Marshall Street, Suite 130, Shreveport, Louisiana. Approved, April 1, 1996. Dallas Central Bank, Monroe, Louisiana - - t o close its Line 33 branch at 2109 Farmerville Highway, Ruston, Louisiana. Approved, April 1, 1996. New York Chemical Bank, New York, New York - - t o establish a branch at Eugenio Maria de Hostos Community College of the City University of New York, 500 Grand Concourse, Bronx, New York. Approved, April 3, 1996. Chicago First State Bank of Maple Park, Maple Park, Illinois -- to establish a branch at the Southeast corner of Route 47 and Prairie Valley Street, Elburn, Illinois. Returned, April 4, 1996. San Francisco First Utah Bank, Salt Lake City, Utah -- to establish a branch at 3541 West 1987 South, Salt Lake City, Utah. Approved, April 5, 1996. Atlanta Republic Security Bank, West Palm Beach, Florida -to establish a branch at 1 1 1 South Flagler Drive, West Palm Beach, Florida. Approved, April 5, 1996. Cleveland Richwood Banking Company, Richwood, Ohio - - t o establish a customer-bank communication terminal at CJ's Market, 5 Mill Street, Milford, Ohio. Approved, April 5, 1996. — Cleveland Richwood Banking Company, Richwood, Ohio -- to establish a customer-bank communication terminal at Village Mart, 10162 US Route 42 North, Marysville, Ohio . Approved, April 5, 1996. H .2 A P R I L 1, 1996 PAGE 3 TO A P R I L 5, 1996 A C T I O N S T AKEN BY THE S T A F F A N D THE FE D E R A L R E S E R V E B A N K S UNDER DELEGATED AUTHORITY BANK BRANCHES. DOMESTIC Richmond Union Bank and Trust Company, Bowling Green, Virginia -- to establish a branch at 8520 Jefferson Davis Highway, Fredericksburg, Virginia. Approved, April 5, 1996. BANK HOLDING COMPANIES Philadelphia BT Financial Corporation, Johnstown, Pennsylvania -to merge with Moxham Bank Corporation, and engage in community development activities through Moxham Community Development Corporation. Approved, April 2, 1996. Dallas City State Bancshares, Inc., Palacios, Texas - - t o acquire City State Bancshares, Inc.,-Delaware, Dover, Delaware, and City State Bank of Palacios, Palacios, Texas. Approved, April 4, 1996. Dallas City State Bancshares, Inc.-Delaware, Dover, Delaware -- to acquire City State Bank of Palacios, Palacios, Texas. Approved, April 4, 1996. Kansas City ComBankshares, Inc., Prairie Village, Kansas -- to acquire Community Bank, Chapman, Kansas. Approved, April 1, 1996. New York Community First Banking Company, Tinton Falls, New Jersey - - t o acquire Tinton Falls State Bank. Approved, April <4, 1996. Minneapolis Community First Bankshares, Inc., Fargo, North Dakota -- to engage in insurance agency activities through the acquisition of certain assets of Wheaton Insurance Agency, Inc., Wheaton, Minnesota. Approved, April 1, 1996. St. Louis Crawford Financial Corporation, Indianapolis, Indiana -- to acquire Marengo State Bank, Marengo, Indiana. Approved, April 2, 1996. H.2 A P R I L 1, 1996 PAGE 9 TO A P R I L 5, 1996 A C T I O N S TAKEN BY THE ST A F F A ND THE F E DERAL R E S E R V E BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago First Chicago NBD Corporation, Chicago, Illinois -to acquire Barrington Bancorp, Inc., Barrington, Illinois, and First Federal Savings Bank of Barrington. Approved, April 1, 1996. Chicago First Chicago NBD Corporation, Chicago, Illinois -to exercise option to acquire additional shares of Barrington Bancorp, Inc., Barrington, Illinois, and thereby indirectly acquire First Federal Savings Bank of Barrington. Approved, April 1, 1996. Chicago MAF Bancorp, Inc., Clarendon Hills, Illinois -waiver of application to acquire N.S. Bancorp, Inc., Chicago, Illinois, and Northwestern Savings Bank. Approved, April 4, 1996. Chicago MidStates Bancshares, Inc., Harlan, Iowa - - t o engage de novo in securities brokerage and insurance agency activities through Midstates Financial Services, Inc. Permitted, April 2, 1996. Minneapolis Norwest Corporation, Minneapolis, Minnesota -- to establish a joint venture, Mortgage Professionals, West Des Moines, Iowa, and engage in residential mortgage lending activities. Approved, April 5, 1996. Kansas City R. Banking Limited Partnership, Oklahoma City, Oklahoma -- fluctuation of its ownership of common stock of BancFirst Corporation, Inc. Approved, April 3, 1996. H .2 A P R I L 1, 1996 PAGE 5 TO A P R I L 5, 1996 A C T I O N S TAKEN BY THE S T A F F AND THE FEDERAL R E S E R V E BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Kansas City St. Edward Management Company, St. Edward, Nebraska - to engage de novo in community development activities. Permitted, April 3, 1996. Director, BS&R Stichting Prioriteit ABN AMRO Holding, Amsterdam, The Netherlands, Stichting Admninistratiekantoor ABN AMRO Holding, ABN AMRO Holding N.V., ABN AMRO Bank N.V.; and ABN AMRO North America, Chicago, Illinois -- to merge section 20 companies, ABN AMRO Securities (USA) Inc., Chicago, Illinois, and Alfred Berg, Inc., New York, New York. Approved, April 3, 1996. Chicago Valley Community Bancorp, Inc., St. Charles, Illinois -- to acquire Valley Community Bank. Approved, April 4, 1996. New York Westwood Financial Corp., Westwood, New Jersey -- to acquire Westwood Savings Bank. Approved, April 5, 1996. BANK MERGERS Philadelphia Johnstown Bank and Trust Company, Johnstown, Pennsylvania -- to merge with The Moxham National Bank of Johnstown. Approved, April 2, 1996. CAPITAL STOCK Dallas City State Bancshares, Inc., Palacios, Texas -redemption of shares. Approved, April 4, 1996. Minneapolis Currie Bancorporation, Inc., Currie, Minnesota -redemption of shares. Approved, April 2, 1996. — Chicago Thumb National bank and Trust Company, Pigeon, Michigan -- redemption of shares. Approved, April 4, 1996. H.2 A P R I L 1, 1996 PAGE 6 TO A P R I L 5, 1996 A C T I O N S TA K E N BY T HE S T A F F A N D THE F E D E R A L R E S E R V E B A NKS UNDER DELEGATED AUTHORITY CHANGE IN BANK CONTROL Kansas City Citizens Bankshares, Inc., Farmington, New Mexico -change in bank control. Permitted, April 3, 1996. Chicago Community Bancshares of Wisconsin, Inc., Grafton, Wisconsin --change in bank control. Permitted, April 3, 1996. Atlanta Intervest Bancshares Corporation, New York, New York -- change in bank control. Permitted, April 3, 1996. COMPETITIVE FACTORS REPORTS Atlanta Community Bank, Blountsville, Alabama, proposed purchase of the assets and assumption of the liabilities of the Uniontown branch of Compass Bank, Birmingham, Alabama -- report on competitive factors. Submitted, April 3, 1996. Chicago Farmers Savings Bank, Beaman, Iowa, proposed merger with the Albion, Iowa, branch of Brenton Bank, Des Moines, Iowa, and establishment of a branch -report on competitive factors. Submitted, April 4, 1996. Dallas First Community Bank, Winnfield, Louisiana, proposed merger with Sabine State Bank and Trust Company, Many, Texas -- report on competitive factors. Submitted, April 5, 1996. Chicago First National Bank, Fontanelle, Fontanelle, Iowa, proposed acquisition of the assets and assumption of the liabilities of the Greenfield, Iowa, branch of Boatmen’s Bank Iowa, National Association, Des Moines, Iowa -- report on competitive factors. Submitted, April 4, 1996. Richmond First National Bank, Christiansburg, Virginia, proposed merger with FNB Bank, National Association -- report on competitive factors. Submitted, April 5, 1996. H.2 APRIL 1, PAGE 7 1996 TO APRIL 5 , 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS VNOER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Chicago First National Bank of Chicago, Chicago, Illinois, proposed merger with First Federal Savings Bank of Barrington, Barrington, Illinois -- report on competitive factors. Submitted, April 1, 1996. Richmond First Union National Bank of Maryland, Rockville, Maryland, proposed purchase of certain assets and assumption of certain liabilities of First Union National Bank, Clkton, Maryland -- report on competitive factors. Submitted, April 4, 1996. Richmond First Union National Bank of Maryland, Rockville, Maryland, proposed merger with New National Bank of Maryland -- report on competitive factors. Submitted, April 5, 1996. Chicago MAF Bancorp, Inc., Clarendon Hills, Illinois -proposed merger with N.S. Bancorp, Inc., Chicago, Illinois -- report on competitive factors. Submitted, April 4, 1996. St. Louis. Mercantile Bank of Mt. Vernon, Mt. Vernon, Illinois, proposed merger with Mercantile Bank of Carlyle, Carlyle; Mercantile Bank of Centralia, Centralia, and Mercantile Bank of Flora, Flora, Illinois -report on competitive factors. Submitted, April 4, 1996. St. Louis National Bank of Carmi, Carmi, Illinois, proposed merger with Carmi Merger Bank, N.A. -- report on competitive factors. Submitted, April 5, 1996. Atlanta Regions Bank of Louisiana, Baton Rouge, Louisiana, proposed acquisition of the assets and assumption of the liabilities of the Baton Rouge, Louisiana, branch of ArgentBank, Thibodaux, Louisiana -report on competitive factors. Submitted, April 3, 1996. H.2 A P R I L 1, 1996 P AGE 8 TO A P R I L 5, 1996 A C T I O N S TAKEN BY THE S T A F F A N D T HE F E D E R A L R E S E R V E BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Dallas River Valley Bank, FSB, Weslaco, Texas, proposed purchase of the assets and assumption of the liabilities of International Bank of Commerce, Laredo, Texas -- report pn competitive factors. Submitted, April 2, 1996. Chicago Tompkins State Bank, Avon, Illinois, proposed acquisition of the assets and assumption of the liabilities of the Abingdon, Illinois, branch of Norwest Bank Illinois, N.A. , Galesburg, Illinois -report on competitive factors. Submitted, April 4, 1996. Minneapolis United Savings Bank F.A., Great Falls, Montana* proposed merger with Interim Federal Savings Bank - report on competitive factors. Submitted, April 4, 1996. New York Westwood Savings Bank, Westwood, New Jersey, proposed merger with Westwood Interim Savings Bank, a subsidiary of Bergen North Financial, M.H.C., to facilitate the reorganization of Bergen North, a mutual holding company, into a stock holding company -- report on competitive factors. Submitted, April 4, 1996. EXTENSIONS OF TIME Atlanta ABS Investors, LLC, Atlanta, Georgia -- extension to July 4, 1996, to acquire American Bankshares, Inc., Marietta, Georgia. Granted, April 2, 1996. Richmond Allied Irish Banks, p.l.c., Dublin, Ireland -extension to July 7, 1996, within which AIB Investment Managers Limited may engage in providing investment advice as a commodity trading advisor with respect to financial futures and options on financial futures. Granted, April 3, 1996. San Francisco Pacific Rim Bancorporation, San Francisco, California -- extensions to divest certain properties. Granted, April , 1996. H .2 A P R I L 1, 1996 PAGE 9 TO A P R I L 5, 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME Chicago Thumb Bancorp, Inc., Pigeon, Michigan -- extension to June 28, 1996, to acquire Thumb National Bank and Trust Company. Granted, April 4, 1996. RESERVE BANK OPERATIONS Director, FRBO Federal Reserve Bank of Kansas City -- to purchase telecommunications equipment at certain District locations. Approved, April 5, 1996. H.2 A P R I L 1, 1996 PAGE 10 ADDITIONS AND CORRECTIONS TO A P R I L 5, 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANKS, NONMEMBER, AND MISCELLANEOUS INSTITUTIONS Director, BS&R Boatmen’s Trust Company of Texas, Houston, Texas -registration as transfer agent. Approved, March 1, 1996. Director, BS&R NationsBank Trust Company of New York, New York, New York -- registration statement. Withdrawn, March 1, 1996. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Application Comment Period Ending Date NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Comment Period Ending Date NONE SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Comment Period Ending Date Application NONE SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS Institution Examination Date Rating** NONE ♦Subject to CRA. ♦♦Rating Definitions: "0" - Outstanding; "S" - Satisfactory; Improve; "SN" - Substantial Noncompliance. "N" - Needs to FEDERAL RESERVE BANK OF NEW YORK Comment Period Ending Date Applications Subject to Newspaper ________Notice Only________ Marine Midland Bank, Buffalo, New York, to establish a branch on Route 31, 1122A Maple Ridge Rd., Township o f Shelby (1122A Maple Ridge Road, Medina), New York. 1/ 04/24/96 SECTION II Applications Subject to Both Newspaper and Federal Register Notice None. SECTION III Nonbanking Applications (subject to Federal Register Notice Only! The Industrial Bank of Japan, Ltd., Tokyo, Japan, to acquire one share of GovPx, Inc., New York, New York, and thereby to engage in data processing activities pursuant to Section 225.25(b)(7) of Regulation Y. 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 N/A FEDERAL RESERVE BANK OF PHILADELPHIA SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS The following institutions w ere examined for CRA. T h e 30-business day period the bank has to make the evaluation public -has lapsed during the week ending*April 5, 1996. Identification of Ratings In connection with the assessment of each insured depository institution’s C R A perform ance, 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 m eet the credit needs of its entire delineated community, including low- and m oderate-incom e neighborhoods, in a m anner 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 m eet the credit needs of its entire delineated community, including low- and m oderate-incom e neighborhoods, in a m anner 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 m eet the credit needs of its entire delineated community, including low- and m oderateincome neighborhoods, in a m anner 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 m eet the credit needs of its entire delineated community, including low- and m oderateincome neighborhoods, in a m anner consistent with its resources and capabilities. Bank/Location Examination D ate CRA Rating NONE NONE NONE F ederal Reserve Bank of C leveland P. O. BOX 6387 CLEVELAND, OHIO 44101-1387 APPLICATIONS BULLETIN (For the week ending April 6, 1996) SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Received notice from The Fifth Third Bank, Cincinnati, Ohio, on April 5, 1996, o f its intent to establish a branch facility at 5210 State Route 741, Mason, Ohio. Received application from The Croghan Colonial Bank, Fremont, Ohio, on April 1, 1996, of its intent to merge with Union Bank and Savings Company, Bellevue, Ohio. SECTION * April 27, 1996 * Not Yet Known # n - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Received Section 3(a)(1) application from Pennwood Bancorp, Inc., Pittsburgh, Pennsylvania, March 18, 1996, of its intent to acquire Pennwood Savings Bank, Pittsburgh, Pennsylvania. * Not Yet Known # Received Section 3(a)(3) application from Croghan Bancshares, Inc., Fremont, Ohio, on April 1, 1996, to acquire Union Bancshares Corp., Bellevue, Ohio. * Not Yet Known # SECTION m - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Received Section 4(c)(8) notice from PNC Bank Corp., Pittsburgh, Pennsylvania, on April 3, 1996, of its intent to acquire a 20 percent equity interest in Bankvest Capital Corp., Westboro, Massachussets, through its wholly-owned subsidiary PNC Venture Corp. April 24, 1996 SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE NONE * - Subject to CRA N - Newspaper Comment Period F - Federal Register Comment Period H - Expected to End 30 Days from Date of Receipt AVAILABILITY OF CRA PUBLIC EVALUATIONS (April 5, 1996) 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 5, 1996. 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. SA TISFACTORY: a bank in this group has a satisfactory record of 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 IM PR O V E: 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 moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SUBSTANTIAL NON COM PLIANCE: a bank in this group has a substantially deficient record of 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. NONE Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Fairfax Bank & Trust Company, Fairfax, Virginia, to establish a branch at 6257A Old Dominion Drive, McLean, Virginia.* 4-29-96 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date None. Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date None. Section IV - Application Not Subject to Federal Register Notice or Newspaper Notice Application None. ^Application is subject to CRA requirements. F e d e r a l R e s e r v e B a n k of R i c h m o n d Section V - Availability of CRA Public Evaluations Week ending April 5, 1996 Definition of Ratings Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Examination Date None. Rating Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending April 5, 1996 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 Key Florida Bancorp, Inc. Not yet available* Bradenton, Florida 1-BHC formation, Liberty National Bank, Bradenton, Florida. Monticello Bancshares, Inc. Monticello, Georgia 1-BHC formation, Bank of Monticello, Monticello, Georgia. 04-01-96* Newspaper Section 3 - Applications Subject to Federal Register Only Application Comment Period Ending Date First Commerce Corporation Not New Orleans, Louisiana To engage in community development investment activities, 225.25 (b) (6) of Regulation Y and Section 4 (c) (8) of the Bank through its proposed investment in a community development known as ”150 Baronne Street Limited Partnership." yet available pursuant to Section Holding Company Act, limited partnership Section 4 - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None. *Subject to provisions of the Community Reinvestment Act. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending April 5, 1996 Recently Approved Applications Approval Date Capital City Bank Group, Inc. 04-01-96 Tallahassee, Florida To acquire First Financial Bancorp, Inc., Tallahassee, Florida (a thrift holding corporation), and thereby engage in operating a savings association, pursuant to Section 4(c) (8) of the Bank Holding Company Act and Section 225.25 (b) (9) of Regulation Y. Capital City Bank Tallahassee, Florida 04-01-96 To merge with First Federal Bank, Tallahassee, Florida, pursuant to Section 18(c) of the Federal Deposit Insurance A c t . Capital City Bank 04-01-96 Tallahassee, Florida To acquire certain assets and assume certain liabilities of First Federal Bank, Tallahassee, Florida, pursuant to Section 5(d)(3) of the Federal Deposit Insurance Act, as amended by the Federal Deposit Insurance Corporation Improvement Act of 1991. Intervest Bancshares Corporation 04-03-96 New York, New York Change in control notice by Mr. Jerome Dansker to acquire an additional 25 percent of the outstanding Class A shares of Intervest Bancshares Corporation, New York, New York. Mr. Dansker's total ownership will equal 26.2 percent of Class A common stock. 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 f o r W e e k E n d i n g A p r i l 5, 1996 Section 10 - Availability of CRA Public Evaluations The CRA public evaluations of the insured depository institutions listed below became available during this week. Information about an institution's CRA evaluation may be obtained directly from the institution. In connection with the assessment of an institution's CRA performance, a rating is assigned from the following groups: Outstanding record of meeting community credit needs: An institution has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome 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 CRA Rating Date Family Bank Post Office Box 10 Hallandale, Florida (305)458-2211 Satisfactory 33009 12-26-95 Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Type Application Branch Sparta State Bank Sparta, Michigan 4170 17 Mile Road Cedar Springs, Michigan 4949 Plainfield, N.E. Plainfield, Michigan NP - 4-5-96 Merger/Branch Baylake Bank Sturgeon Bay, Wisconsin to acquire the assets and liabilities of The Bank, Manawa, Wisconsin, & establish a branch at 431 S. Bridge Street, Manawa, Wisconsin and at King, Wisconsin N p . ** Branch First State Bank of Maple Park Maple Park, Illinois at Southeast corner of Rte 47 & Prairie Valley St. Elburn, Illinois NP - ** Branch Fifth Third Bank of Central Indiana Indianapolis, Indiana State Road 135 and Fry Road Greenwood, Indiana NP - 4-6-96 Branch Fifth Third Bank of Central Indiana Indianapolis, Indiana 7272 Fishers Crossing Drive Fishers, Indiana NP - 4-6-96 Branch F&M Bank - Northeast Pulaski, Wisconsin 2300 South Oneida Street Ashwaubenon, Wisconsin NP - 4-19-96 NP - Newspaper FR - Federal Register * - Subject to Provisions of Community Reinvestment Act ** - Not available at this time Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Type Application Branch Capac State Bank Capac, Michigan In the vincinty of North Avenue and Armada Ridge Road Armada, Michigan NP - 4-20-96 Branch 1st Source Bank South Bend, Indiana 3600 Portage Avenue South Bend, Indiana 5020 Grape Road Mishawaka, Indiana NP - 4-19-96 Branch Union Bank & Trust Company Evansville, Wisconsin 210 Commercial Street Brooklyn, Wisconsin NP - 4-20-96 Branch Northern Trust Company Chicago, Illinois 826 S. Northwest Highway Barrington, Illinois NP - 4-15-96 Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Type Application Y-l CBR Holdings, Inc.* Winnetka, Illinois Community Bank of Ravenswood Chicago, Illinois (in'organization) FR - 4-25-96 NP - ** Y-l Main Street Bancorp, Inc.* Princeville, Illinois Princeville State Bank Princeville, Illinois FR - 4-8-96 NP _ ** Y-2 Capitol Bancorp, Ltd*. Lansing, Michigan Bank of Tucson Tucson, Arizona FR - 2-28-96 NP - 4-20-96 Y-2 Associated Banc-Corp*. Green Bay, Wisconsin Mid-America National Bancorp, Inc. Chicago, Illinois Mid-America National Bank of Chicago Chicago, Illinois FR - 5-2-96 jsjp _ ** Y-2 Associated Illinois Banc Corp.* Green Bay, Wisconsin Mid-America National Bancorp, Inc. Chicago, Illinois Mid-America National Bank of Chicago Chicago, Illinois FR - 5-2-96 NP . ** Y-l Figge Bancshares, Inc.* Davenport, Iowa Ossian State Bank Ossian, Iowa Iowa State Bank Calmar, Iowa FR - 4-22-96 NP - 4-22-96 Y-2 Associated Banc-Corp.* Green Bay, Wisconsin F&M Bankshares of Reedsburg, Inc. Reedsburg, Wisconsin Farmers & Merchants Bank Reedsburg, Wisconsin FR - 4-25-96 jsjp _ ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Cont’d Comment Period Ending Date Im Application Y-2 Associated Banc-Shares, Inc."1 Madison, Wisconsin F&M Bankshares of Reedsburg, Inc. Reedsburg, Wisconsin.. Farmers & Merchants Bank Reedsburg, Wisconsin FR - 4-25-96 N P - ** Y-2 Firstar Corporation* Milwaukee, Wisconsin Jacob Schmidt Company St. Paul, Minnesota American Bancorporation, Inc. St. Paul, Minnesota American Bank, NA St. Paul, Minnesota American Commercial Bank St. Paul, Minnesota American Bank Moorhead Moorhead, Minnesota American Bank Lake City Lake City, Minnesota FR - 4-19-96 NP - 4-24-96 Y-l Delavan Bancshares, Inc.* Delavan, Wisconsin Community Bank Delavan Delavan, Wisconsin (in organization) FR - 4-26-96 NP - 4-26-96 Y-2 F & M Bancorporation, Inc.* Kaukauna, Wisconsin Community State Bank Algoma, Wisconsin FR - ** NP - ** Y-2 Van Diest Investment Company* Ankeny, Iowa East Des Moines National Bank Des Moines, Iowa FR - ** jsjp . ** COC-HC A.M. Saylor, Incorporated* Hampton, Iowa by Roger Doughan FR - ** N P . ** COC-HC Northern Bancshares, Inc.* McFarland, Wisconsin by Patricia N. Locke PR _ ** NP - ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Cont’d Comment Period Ending Date I yes Application Y-2 Firstar Corporation of Minnesota* Milwaukee, Wisconsin Jacob Schmidt Company St. Paul, Minnesota'* American Bancorporation, Inc. St. Paul, Minnesota American Bank, NA St. Paul, Minnesota American Commercial Bank St. Paul, Minnesota American Bank Moorhead Moorhead, Minnesota American Bank Lake City Lake City, Minnesota FR - 4-19-96 NP - 4-24-96 Y-2 Independent Bank Corporation* Ionia, Michigan North Bank Corporation Hale, Michigan North Bank Hale, Michigan FR - 4-26-96 NP - 4-28-96 Y-l Wildcat, Inc.* Cedar Rapids, Iowa VCR Bancorporation, Ltd. Carlisle, Iowa Hartford-Carlisle Savings Bank Carlisle, Iowa FR - 4-26-96 NP - ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Reeister Notice Cont’d Comment Period Ending Date Type Application Y-2 Northland Insurance Agency, Inc.* Chicago, Illinois Grand Premier Financial, Inc. Wauconda, Illinois Northern Illinois Financial Corporation Wauconda, Illinois Grand National Bank Wauconda, Illinois Premier Financial Services, Inc. Freeport, Illinois First Bank North Freeport, Illinois First Bank South Dixon, Illinois Premier Acquisition Company Freeport, Illinois First National Bank of Northbrook Northbrook, Illinois First Security Bank of Cary-Grove Cary, Illinois PR _ ** NP - ** Y-2 Keeco, Inc.* Chicago, Illinois Grand Premier Financial, Inc. Wauconda, Illinois Northern Illinois Financial Corporation Wauconda, Illinois Grand National Bank Wauconda, Illinois Premier Financial Services, Inc. Freeport, Illinois First Bank North Freeport, Illinois First Bank South Dixon, Illinois Premier Acquisition Company Freeport, Illinois First National Bank of Northbrook Northbrook, Illinois First Security Bank of Cary-Grove Cary, Illinois FR - ** NP - ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Cont’d Type Application Y-l Grand Premier Financial, Inc.* Wauconda, Illinois Northern Illinois Financial Corporation Wauconda, Illinois * Grand National Bank Wauconda, Illinois Premier Financial Services, Inc. Freeport, Illinois First Bank North Freeport, Illinois First Bank South Dixon, Illinois Premier Acquisition Company Freeport, Illinois First National Bank of Northbrook Northbrook, Illinois First Security Bank of Cary-Grove Cary, Illinois Comment Period Ending Date PR - ** J^p _ ** Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date lym Application 4(c)(8) Sword Financial Corporation Horicon, Wisconsin to engage in making* and servicing loans FR - 4-4-96 4(c)(8) Peoples Bancorp, Inc. Prairie du Chien, Wisconsin to engage in Appraisal Services through its subsidiary, Northridge Consulting Corp. Prairie du Chien, Wisconsin FR - 4-22-96 4(c)(8) D&D Bancshares, Inc. Mount Auburn, Iowa to engage in making and servicing loans FR - 4-22-96 4(c)(8) Grand Premier Financial, Inc. Wauconda, Illinois Premier Insurance Services, Inc. Warren, Illinois PR . ** 4(c)(8) Mahaska Investment Company Oskaloosa, Iowa to purchase certain assets of Boatmen’s Bank of Iowa, N.A. and assume certain liabilities of the Sigourney Iowa Office Des Moines, Iowa PR . ** 4(c)(8) Montgomery Bancshares, Inc. Montgomery, Illinois to engage in making and servicing loans PR . ** 4(c)(8) Heritage Bancshares Group, Inc. Minneapolis, Minnesota to engage in making and servicing loans FR - 4-5-96 4(c)(8) Founders Bancorp, Inc. Scottsdale, Arizona to engage de novo in general insurance activities PR . ** FEDERAL RESERVE BANK OF ST. LOUIS St. Louis, Missouri AVAILABILITY OF CRA PUBLIC DISCLOSURES identification of Ratings: Outstanding record o f meeting community credit needs An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated'community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record o f meeting community credit needs An institution in this group has a satisfactory record 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. FOR THE WEEK ENDING April 5, 1996 Name of Bank The Citizens State Bank of Petersburg Bank Address Petersburg, Indiana Examination Date Examination Rating 11/6/95 Satisfactory FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application Pioneer Bank, Mapleton, Minnesota, for prior approval to merge with The First National Bank of Elmore, Elmore, Minnesota, and incident thereto, establish branches in.Elmore, Minnesota and Delavan, Minnesota. May 6, 1996 FEDERAL RESERVE BANK OF MINNEAPOLIS Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Straight River Bancshares, Inc., Ellendale, Minnesota, for prior approval to become a bank holding company throught the acquisition of 99% of the voting shares of Bank of Ellendale, Ellendale, Minnesota. * May 2, 1996 (Federal Register) Higgins Bancorporation, Inc., Rosemount, Minnesota, for prior approval to become a bank holding company through the acquisition of 75.1% of the voting shares of The First State Bank of Rosemount, Rosemount, Minnesota. * May 3, 19% (Federal Register) Kanabec Credit Company, Mora, Minnesota, for prior approval to acquire 5.5% of the voting shares of the First Citizens Financial Corp., Mason City, Iowa. * April 29, 1996 (Federal Register) Flathead Holding Company of Bigfork, Bigfork, Montana, for prior approval to acquire 23.44% of the voting shares of die Bankwest National Association, Kalispell, Montana. * May 2, 1996 (Federal Register) Lon Rylander to acquire control of 25.2% of the voting shares of Ashby Bancshares, Inc., Ashby, Minnesota. April 29, 1996 (Federal Register) *Subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section m - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application Norwest Corporation, Minneapolis, Minnesota; Norwest Financial Services, Inc., Des Moines, Iowa; and Norwest Financial, Inc., Des Moines, Iowa, to engage in the activities of consumer finance, sale of credit life insurance, and under writing of credit life insurance related to extensions of credit made through the office to be acquired through the acquisition of certain assets of Cardinal Credit Corporation, Lexington, Kentucky. FEDERAL RESERVE BANK OF MINNEAPOLIS Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application NONE. Not yet available FEDERAL RESERVE BANK OF MINNEAPOLIS Section V - Availability of CRA Public Evaluations week ending April 5,1996 ASSIGNMENT OF RATING Identification of Ratings In connection with the assessment of each insured depository institution’s CRA performance, a rating is assigned from the following groups: OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low-and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANKfSl EXAMINED NONE. DATE OF EXAMINATION CRA RATING Federal Reserve Bank of Kansas City SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER N O TIC E ONLY A B P U C A im COMMENT PERIOD ENDING DATF. First State Bank of Taos, Taos, New Mexico, for prior approval to establish an additional branch facility at 1016 Central Avenue SW, Moriarty, New Mexico. Not Available SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE L>jautac»: PERIOD ENDING DATE APPLICATION Community Bancshares of Marysville. Inc., Marysville, Kansas, for prior approval to acquire 100 percent of the voting shares of Community State Bank, Hanover, Kansas.* April 29, 1996 Jerry Keith Pursley, Las Animas, Colorado, for prior approval to acquire an additional 21.83 percent, for a total of 25.03 percent, of the voting shares of First Bankshares of Las Animas, Las Animas, Colorado.* April 30, 1996 Federated Bancshares, Inc:, Kansas City, Missouri, for prior approval to acquire 8.72 percent of the voting shares of First Bank of Kansas City, Kansas City, Missouri.* Not Available SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER N O TIC E ONLY APPLICATION COMMENT PERIOD ENDING DATE FEO Investments, Hoskins, Nebraska, for prior approval to engage de novo through its subsidiary, Meadow Ridge Partners, L.L.C., Norfolk, Nebraska, in community development activities. April 24, 1996 SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL R EG ISTER N O TIC E OR NEWSPAPER NOTICE APPLICATION None. Federal Reserve Bank of Kansas City SECTION - AYAILABILITY O F 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: O utstanding 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 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 im prove record of meeting community credit needs An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Bank/Location Exam Date CRA Public Date Farmers Bank of Lincoln P.O. Box 250 Lincoln, Missouri 65338-0250 01-08-96 04-04-96 *Application is subject to CRA. CRA Rating Satisfactory FEDERAL RESERVE BANK OF OALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF APRIL 1, 1996 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP ♦Section 3(a)(3) application by Brazos Bancshares, Inc., Joshua, TX, to acquire Heritage Eagle Corporation, Red Oak, TX, Fore Corporation, Wilmington, DE, and Heritage Bank, Red Oak, TX (Previously reported during the week of 3-4-96) 96/04/07 ♦Section 3(a)(1) application by Minor Financial, L.L.C., Marlin, TX, to acquire Marlin Holding, Ltd., Marlin, TX, Central Financial Bancorp, Inc., Lorena, TX, Central Delaware Financial Bancorp, Dover, DE, Lorena State Bank, Lorena, TX, and Bank of Troy, Troy, TX (Should have been reported during the week of 3-18-96) 96/05/07 ♦Section 3(a)(1) application by Marlin Holding, Ltd., Marlin, TX, to acquire Central Delaware Financial Bancorp, Dover, DE, Central Financial Bancorp, Inc., Lorena, TX, Lorena State Bank, Lorena, TX, and Bank of Troy, Troy, TX (Previously reported during the week of 3-18-96) 96/05/07 Change in Control Notice by Edwin Warren Rumage, Trustee, Jacksboro, TX to acquire an interest in Jacksboro National Bancshares, Inc., Jacksboro, TX (Previously reported during the week of 3-25-96) 96/04/14 Change in Control Notice by Hi1mar D. Blumberg Trust, Edward A. Blumberg Trust, and Carla A. Blumberg Trust, Seguin, TX (Trustee, Joe H. Bruns, Seguin, TX) to acquire an interest in Blumberg BancUnits, L.P., Seguin, TX N/A Change in Control Notice by members of the Blumberg Family and related trusts (9 notificants) to acquire an interest in Blumberg Family Partnership, L.P., Seguin, TX N/A Change in Control Notice by Frederick D. Thompson, individually, and as Trustee for 6 family trusts, to acquire an interest in Central Bancorporation, Inc., Fort Worth, TX N/A ♦Section 3(a)(5) application by Hillister Enterprises II, Inc., Beaumont, TX, to acquire Port Neches Bancshares, Inc., Port Neches, TX, and First National Bank, Port Neches, TX N/A ♦Section 3(a)(5) application by Umphrey II Family Limited Partnership, Beaumont, TX, to acquire Port Neches Bancshares, Inc., Port Neches, TX, and First National Bank, Port Neches, TX N/A ♦Section 3(a)(5) application by Southeast Texas Bancshares, Inc., Beaumont, TX, to acquire Port Neches Bancshares, Inc., Port Neches, TX, and First National Bank, Port Neches, TX N/A ♦Section 3(a)(5) application by Texas Community Bancshares of Delaware, Inc., Wilmington, DE, to acquire Port Neches Bancshares, Inc., Port Neches, TX, and First National Bank, Port Neches, TX N/A SECTION III - APPLICATIONS SUBJECT TO FEDERAL RE6ISTER NOTICE NOTICE ONLY APPLICATION NOTICE EXP None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. * SUBJECT TO CRA. ** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY. N/A - NOT AVAILABLE AT THIS TIME. SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS FOR THE WEEK OF APRIL 1. 1996 Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader 1n, 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 None. Date of Examination CRA Rating FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 4/05/96 Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date West One Bank, Idaho, Boise, Idaho, to acquire 7 branch offices of U.S. Bank of Idaho, N.A., Coeur d ’Alene, Idaho, as a result of a merger. * Newspaper: Not available Humboldt Bank, Eureka, California, to establish a branch office at Highway 299 West and Martin Road, Weaverville, California. *• Newspaper: 4/20/96 Section II - Applications Subject to Both Newspaper and Federal Register Notice B. John, Thomas J., Michael B. and Jessica M. Barry, Aspen, Colorado, to increase ownership to more than 25 percent of Redwood Empire Bancorp, Santa Rosa, California. * Newspaper: Not available Fed. Rea.: Not available U.S. Bancorp, Portland, Oregon, to merge with California Bancshares, Inc., San Ramon, California, and to acquire all of their bank subsidiaries. * Newspaper: Not available Fed. Rea.: 5/02/96 U.S. Bancorp, Portland, Oregon, to acquire an option to purchase 19.9 percent of California Bancshares, Inc., San Ramon, California. * Newspaper: Not available Fed. Rea.: 5/02/96 Andrew J. Rossi, Manteca, California, to retro actively acquire 25.08 percent of Delta National Bancorp, Manteca, California. * Newspaper: Not available Fed. Rea.: Not available Section III -Applications Sub.iect to Federal Register Only U.S. Bancorp, Portland, Oregon, to acquire CBI Mortgage, Modesto, California; Island Bancorp Leasing, Inc., Alameda, California; LNB Corp., Pleasanton, California; and Eden Financial Corporation, Alameda, California, as a result of a merger with California Bancshares, Inc., San Ramon, California. Fed. Rea.: 5/02/96 Section IV - Applications Not Sub.iect to Federal Register Notice or Newspaper Notice (Cont’d.l None * Subject to CRA. FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 4/05/96 Section V - Availability of CRA Public Evaluations The CRA public evaluations of the institution(s) below became available during this week. Information about a particular institution’s CRA evaluation may be obtained directly from the institution. Examination Date Institution Location Hanmi Bank 12/11/95 3660 Wilshire Blvd. Penthouse Suite A Los Angeles, CA 90010-2706 (213) 382-2200 Rati no* 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 moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial Noncompliance in meeting community credit needs: An institution has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- to moderate-income neighborhoods, in a manner consistent with its resources and capabilities. The above listing has been prepared as a courtesy by the Federal Reserve Bank of San Francisco, and is not intended to replace formal notices required by statute or regulation; the Reserve Bank assumes no responsibility for errors or omissions.
@FedFRASER