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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1995, No. 14 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending April 8, 1995 ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK BRANCHES. DOMESTIC Manufacturers and Traders Trust Company, Buffalo, New York -- request for reconsideration of Board*s approval to establish seven branches in the Rochester, New York, area. Approved, April 6, 1995. BANK HOLDING COMPANIES Corporacion Bancaria de Espana , S.A., Madrid, Spain --to retain shares of Banco Exterior de Espana, S.A. Approved, April 5, 1995. Mercantile Bancorporation, Inc., St. Louis, Missouri --to acquire Central Mortgage Bancshares, Inc., Warrensburg, Missouri, and its banking and nonbanking subsidiaries. Approved, April 5, 1995. BANKS. FOREIGN Banco Exterior de Espana, Madrid, Spain -- to establish a branch in New York, New York. Approved, April 5, 1995. BANKS. STATE MEMBER First Interstate Bank of California, Los Angeles, California -- investments in five public welfare projects. Approved, April 4, 1995. ENFORCEMENT Citizens State Bank and Trust Company, Ellsworth, Kansas, and Britton Bancshares, Inc. -- order of prohibition against Dane B. Britton, a former officer and institution-affiliated party. Announced, April 5, 1995. Commerce Exchange Bank, Beachwood, Ohio, written agreement dated July 28, 1993, terminated February 6, 1995. Announced, April 3, 1995. Investors Bancorporation, Inc., Roberts, Wisconsin -order of assessment of a civil money penalty against Steven J. Hirsch, president and a director. Announced, April 5, 1995. H.2 APRIL 3, 1995 PAGE 2 TO APRIL 7, 1995 ACTIONS TAKEN BY THE BOARD OF GOVERNORS INTERNATIONAL OPERATIONS Norwest Corporation, Minneapolis, Minnesota --to acquire Financiera El Sol, S.A., Panama; Island Finance N.V., Aruba; Credisol S.A., Costa Rica; Island Finance N.V., Curacao, Netherlands Antilles; Island Finance N.V. (St. Maarten), Netherlands Antilles, and Island Finance N.V. (Bonaire), Netherlands Antilles. Permitted, April 7, 1995. ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve Bank Operations; IF - International Finance; OSDM - Office of Staff Director for Management BANK BRANCHES. DOMESTIC Kansas City Community Bank and Trust, Neosho, Missouri --to establish a branch at 3131 East Seventh Street, Joplin, Missouri. Approved, April 5, 1995. Richmond F & M Bank-Massanutten, Harrisonburg, Virginia -- to establish a branch at the intersection of Route 42 and American Legion Drive, Timberville, Virginia. Approved, April 6, 1995. Richmond F & M Bank-Massanutten, Harrisonburg, Virginia -- to establish an electronic funds transfer facility at 701 Port Republic Road. Approved, April 7, 1995. Richmond Highlands Union Bank, Abington, Virginia --to establish a branch at 821 Commonwealth Avenue, Bristol, Virginia. Approved, April 6, 1995. Chicago Old Kent Bank, Grand Rapids, Michigan --t o establish a branch at 248 Culver, Saugatuck, Michigan. Approved, April 7, 1995. H.2 APRIL 3, 1995 PAGE 3 TO APRIL 7, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK BRANCHES. DOMESTIC Dallas United Bank & Trust, Abilene, Texas -- to establish a branch at 1st and Hall Street, Bangs, Texas. Approved, April 7, 1995. New York United Jersey Bank, Hackensack, New Jersey -- to establish a branch at 250 Moore Street. Approved, April 3, 1995. Philadelphia United Valley Bank, Philadelphia, Pennsylvania -- to establish a branch at 610 Old York Road, Jenkintown, Pennsylvania. Approved, April 6, 1995. BANK HOLDING COMPANIES Chicago Amcore Financial, Inc., Rockford, Illinois -- to acquire NBM Bancorp, Inc., Mendota, Illinois, National Bank of Mendota, and First National Bank in Peru, Peru, Illinois. Approved, April 5, 1995. San Francisco California Independent Bancorp, Yuba City, California -- to acquire Feather River State Bank. Approved, April 7, 1995. St. Louis Chambers Bancshares, Inc., Danville, Arkansas -- to acquire Bank of Atkins, Atkins, Arkansas. Approved, April 4, 1995. Director, BS&R Citicorp, New York, New York -- request to permit foreign Edge Act subsidiaries of Citicorp’s subsidiary banks to market services and securities of Citicorp Securities, Inc. to overseas issuers and investors. Granted, April 5, 1995. Kansas City Community Bancshares, Inc., Employee Stock Ownership Plan, Neosho, Missouri - - t o acquire Community Bank, Fayetteville, Arkansas, a de novo federal savings bank. Permitted, April 6, 1995. H.2 APRIL 3, 1995 PAGE 4 TO APRIL 7, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Philadelphia Dauphin Deposit Corporation, Harrisburg, Pennsylvania -- to engage de novo in providing financial advice to state and local governments and foreign governments. Permitted, April 6, 1995. St. Louis Enterbank Holdings, Inc., St. Louis, Missouri -- to acquire Enterprise Bank. Approved, April 5, 1995. Kansas City First Ainsworth Company, Ainsworth, Nebraska -- to acquire Armstrong Agency and expand general insurance activities. Approved, April 6, 1995. Chicago Firstar Bank Milwaukee, N.A., Milwaukee, Wisconsin request for waiver of application to acquire Firstar Credit Card Bank, N.A., Gurnee, Illinois. Withdrawn, April 5, 1995. Chicago Firstar Corporation, Milwaukee, Wisconsin, and Firstar Corporation of Wisconsin -- to acquire Firstar Credit Card Bank, N.A., Gurnee, Illinois. Withdrawn, April 5, 1995. St. Louis Golden Bancshares, Inc., Golden, Illinois -- to acquire Maurice L. Quinn Properties, Inc., Northbrook, Illinois and Brown County State Bank, Mount Sterling, Illinois. Approved, April 5, 1995. Atlanta Hibernia Corporation, New Orleans, Louisiana, to merge with STABA Bancshares, Inc., Donaldsonville, Louisiana, and acquire State Bank and Trust Company. Approved, April 6, 1995. Dallas Hill Bancshares of Delaware, Inc., Wilmington, Delaware - - t o acquire Hill Bank & Trust Co,. Weimar, Texas. Approved, April 4, 1995. H. 2 APRIL 3, 1995 PAGE 5 TO APRIL 7, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago Larch Bancorporation, Inc., Larchwood, Iowa -- to engage de novo in general insurance agency activities. Permitted, April 5, 1995. Secretary Lauritzen Corporation, Omaha, Nebraska -determination that an application is not required to acquire York State Company, York, Nebraska, and York State Bank. Granted, April 4, 1995. GC Logan County BancShares, Inc., Logan, West Virginia - request that William W. Wagner and Earle B. Queen continue their service with Logan while also serving as management officials at Eagle Bancorp, Inc. and First Empire Federal Savings and Loan Association. Granted, April 3, 1995. Chicago Marshall & Ilsley Corporation, Milwaukee, Wisconsin - to acquire Newco, Milwaukee, Wisconsin, and engage in additional data processing and data transmission activities. Permitted, April 5, 1995. St. Louis Mercantile Bancorporation Inc., St. Louis, Missouri - to acquire St. Louis Business Development Fund, St. Louis, Missouri, and engage in community development activities. Approved, April 7, 1995. Chicago NBD Bancorp, Inc., Detroit, Michigan, and NBD Illinois, Inc., Park Ridge, Illinois -- to acquire Deerbank Corporation, Deerfield, Illinois, Deerfield Federal Savings and Loan Association, and Northern Illinois Financial Service Corporation. Approved, April 5, 1995. Minneapolis Norwest Corporation, Minneapolis, Minnesota -- to acquire New Braunfels Bancshares, Inc., New Braunfels, Texas. Approved, April 4, 1995. H.2 APRIL 3, 1995 PAGE 6 TO APRIL 7, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago PSB Holdings, Inc., Wausau, Wisconsin -- to acquire Peoples State Bank. Approved, April 7, 1995. Chicago S.B.C.P. Bancorp, Inc., Cross Plains, Wisconsin -- to acquire State Bank of Cross Plains, Cross Plains, Wisconsin. Returned, April 4, 1995. Atlanta Sequatchie Valley Bancshares, Inc., Dunlap, Tennessee --t o engage de novo in community development activities through Tennessee Business and Industrial Development Corporation, Chattanooga, Tennessee. Permitted, April 4, 1995. St. Louis Turner Bancshares, Inc., Belgrade, Missouri -- to acquire HDJ Turner Company, d/b/a Potosi Abstract Co., Potosi, Missouri, and engage in the sale of title insurance. Approved, April 3, 1995. Chicago Union Bancorporation, Defiance, Iowa -- to engage de novo in lending activities. Permitted, April 7, 1995. BANK MERGERS Chicago Bank of Oakfield, Oakfield, Wisconsin -- to acquire the assets and assume deposit liabilities of the Van Dyne branch of M&I Central State Bank, Ripon, Wisconsin. Returned, April 3, 1995. BANK PREMISES Dallas Bank of El Paso, El Paso, Texas -- investment in bank premises. Approved, April 6, 1995. Dallas United Bank & Trust, Abilene, Texas -- investment in bank premises. Approved, April 5, 1995. H.2 APRIL 3, 1995 PAGE 7 TO APRIL 7, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CHANGE IN BANK CONTROL Minneapolis First Financial Services of Moose Lake, Inc., Moose Lake, Minnesota -- change in bank control. Permitted, April 4, 1995. COMPETITIVE FACTORS REPORTS Chicago Amcore Bank National Association, Rockford, Illinois, proposed purchase of certain assets and assumption of the deposit liabilities of the Rochelle, Illinois, branch of Amcore Bank, Ashton-Rochelle, Ashton, and the Carpentersville branch of Amcore Bank National Association, Northwest, Woodstock, Illinois -- report on competitive factors. Submitted, April 7, 1995. Minneapolis American Federal Savings Bank, East Grand Forks, Minnesota, proposed purchase of the assets and assumption of the liabilities of the Northwood, North Dakota, branch of First Bank, fsb, Fargo, North Dakota -- report on competitive factors. Submitted, April 4, 1995. Minneapolis Bank Windsor, Nerstrand, Minnesota, proposed purchase of the assets and assumption of the liabilities of the Sleepy Eye, Minnesota, branch of First Bank, fsb, Fargo, North Dakota -- report on competitive factors. Submitted, April 5, 1995. St. Louis Boatmen's National Bank of St. Louis, St. Louis, Missouri, proposed merger with Boatmen's National Bank of Belleville -- report on competitive factors. Submitted, April 4, 1995. Richmond Citizens and Farmers Bank, West Point, Virginia, proposed purchase of certain assets and assumption of the liability to pay deposits made in the Saluda and Tappahannock, Virginia, branches of First Union National Bank of Virginia -- report on competitive factors. Submitted, April 4, 1995. H.2 APRIL 3, 1995 PAGE 8 TO APRIL 7, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS St. Louis Citizens Bank of Illinois, N.A., Harrisburg, Illinois, proposed purchase of certain assets and assumption of deposit liabilities of The Mt. Carmel, Illinois, branch of Union Federal Savings Bank, Evansville, Indiana -- report on competitive factors. Submitted, April 3, 1995. St. Louis Citizens National Bank Evansville, Evansville, Indiana, proposed merger with Union Federal Savings Bank -- report on competitive factors. Submitted, April 7, 1995. Minneapolis Citizens State Bank of Clara City, Clara City, Minnesota, proposed purchase of the assets and assumption of the liabilities of the Granite Falls, Minnesota, branch of First Bank, fsb, Fargo, North Dakota -- report on competitive factors. Submitted, April 4, 1995. Kansas City Cozad State Bank and Trust Company, Cozad, Nebraska, proposed acquisition of the assets and assumption of the liabilities of the Lexington, Nebraska, branch of First Bank, fsb, Fargo, North Dakota -report on competitive factors. Submitted, April 6, 1995. Richmond Fidelity Bank, Fuquay-Varina, North Carolina, proposed purchase of certain assets and assumption of the liability to pay deposits in the Candor, North Carolina, branch of First Southern Savings Bank, S.S.B., Ashboro, North Carolina -- report on competitive factors. Submitted, April 5, 1995. Chicago First Federal Savings and Loan Association of Lincoln-Iowa, Council Bluffs, Iowa, proposed purchase of the assets and assumption of the liabilities of First Federal Savings and Loan Association of Lincoln, Lincoln, Nebraska -- report on competitive factors. Submitted, April 3, 1995. H.2 APRIL 3, 1995 PAGE 9 TO APRIL 7, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Kansas City First National Bank, Ogalalla, Nebraska -- proposed acquisition of the assets and assumption of the liabilities of the Ogalalla branch of First State Bank, FSB, Fargo, North Dakota -- report on competitive factors. Submitted, April 5, 1995. Chicago Johnson International, Inc., Racine, Wisconsin, proposed merger with Seaboard Savings Bank, F.S.B., Stuart, Florida -- report on competitive factors. Submitted, April 5, 1995. Minneapolis Minwest Bank Ortonville, Ortonville, Minnesota, proposed purchase of the assets and assumption of the liabilities of the Ortonville, Minnesota, branch of First Bank, fsb, Fargo, North Dakota -report on competitive factors. Submitted, April 5, 1995. Chicago NBD Bank, Wheaton, Illinois, proposed merger with Deerfield Federal Savings and Loan Association, Deerfield, Illinois -- report on competitive factors. Submitted, April 5, 1995. Dallas New Colony Bank, The Colony, Texas, proposed merger with First Colony Bank -- report on competitive factors. Submitted, April 4, 1995. Chicago Northwoods State Bank, Northwood, Iowa, proposed purchase of certain assets and assumption of certain liabilities of the Northwood, Iowa, branch of First Bank, FSB, Fargo, North Dakota -- report on competitive factors. Submitted, April 3, 1995. Richmond Premier Bank, National Association, Tazewell, Virginia, proposed merger with Premier BankRichlands, National Association, Richlands, Virginia -- report on competitive factors. Submitted, April 5, 1995. H.2 APRIL 3, 1995 PAGE 10 TO APRIL 7, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Atlanta Security Bank, N.A., North Lauderdale, Florida, proposal by Mario Nelson Ortellado Sosa, Asuncion, Paraguay, and Julio Mamerto Rejis Sanguina, to increase their ownership of Security Bank -- report on competitive factors. Submitted, April 4, 1995. New York Skylands Community Bank, Independence Township, New Jersey, proposed purchase of certain assets and assumption of certain liabilities of the Netcong Borough branch of Summit Bank, Chatham, New Jersey, and to establish a branch -- report on competitive factors. Submitted, April 4, 1995. New York Steuben Trust Company, Hornell, New York, proposed purchase of certain assets and assumption of certain liabilities of the Wellsville, New York, branch of First Federal Savings and Loan Association of Rochester, Rochester, New York -report on competitive factors. Submitted, April 5, 1995. St. Louis United Illinois Bank of Southern Illinois, Benton, Illinois, proposed merger with Rend Lake Bank -report on competitive factors. Submitted, April 4, 1995. EXTENSIONS OF TIME New York Banco Santander, S.A., Santander, Spain, and FFB Participacoes E Servicos, S.A., Funchal, Portugal - extension to July 13, 1995, to acquire First Fidelity Bancorporation, Lawrenceville, New Jersey. Granted, April 7, 1995. Richmond CCB Financial Corporation, Durham, North Carolina -extension to June 9, 1995, to acquire Security Capital Bancorp, Durham, North Carolina. Granted, April 5, 1995. H.2 APRIL 3, 1995 PAGE 11 TO APRIL 7, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TINE Richmond Signet Banking Corporation, Richmond, Virginia -extension to July 6, 1995, to engage in providing investment advice on certain futures and options on futures. Granted, April 6, 1995. San Francisco Zions Bancorporation, Salt Lake City, Utah -extensions to divest certain.properties. Granted, April 7, 1995. Richmond Bank of Ferrum, Ferrum, Virginia --to become a member of the Federal Reserve System. Approved, April 6, 1995. MEMBERSHIP RESERVE BANK SERVICES Director, FRBO Federal Reserve Bank of Boston --to offer an imagebased early return item information service in the First District. Approved, April 4, 1995. H.2 APRIL 3, 1995 PAGE 12 ADDITIONS AND CORRECTIONS TO APRIL 7, 1995 ACTIONS TAKEN BY THE BOARD OF GOVERNORS REGULATIONS AND POLICIES Regulation 0 -- revision to implement amendment to section 22(g) of the Federal Reserve Act, contained in the Riegle Community Development and Regulatory Improvement Act to provide that prior approval is not required for a member bank to make a loan to an executive officer secured by a first lien on the executive officer*s residence (Docket R-0874). Approved, March 28, 1995. 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 Pacific National Corporation, Newspaper Nantucket, Massachusetts Change in Bank Control Federal Register Notification filed on behalf of the Josephine F. Waine Trust, Marco Island, Florida John P.M. Higgins, Nicholas H.S. Higgins, both of Portland, Maine and Robert C.S. Monks, Cape Elizabeth, Maine - Change in Bank Control notification to acquire 19.5%, 23.7% and 17.4%, respectively of Class E common stock of Atlantic Bancorp, South Portland, Maine 02-22-95 01-31-95 Newspaper 02-16-95 Federal Register 02-16-95 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Application Comment Period Ending Date Berkshire Financial Federal Register Services, Inc., Lee, Massachusetts - 4(c)(8) application to acquire Berkshire Financial Centers Inc., Lee, Massachusetts Not Yet Established SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE * *Subject to CRA. **Rating Definitions: "0" - Outstanding; "S" - Satisfactory; - Needs to Improve; "SN“ - Substantial Noncompliance. "N" SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS Institution Examination Date NONE Ratina** Federal Reserve Bank of New York Comment Period Ending Date SECTION I Applications Subject to Newspaper ___________ Notice Only___________ None. SECTION II Applications Subject to Both Newspaper and Federal Register Notice None. SECTION III Nonbanking Applications (subject to Federal Register Notice Only) National Westminster Bank Pic, London, England, to engage de novo, through its wholly-owned subsidiary, NatWest Futures Inc., Chicago, Illinois, in the provision of execution, clearance and advisory services with respect to futures and options on futures on nonfinancial commodities both for affiliated and nonaffiliated persons. N/A Commerzbank AG, Frankfurt, Germany, to engage de novo, through its wholly-owned German subsidiary, Commerz Immobilien GmbH, Frankfurt, Germany, in (1) leasing real and personal property, or acting as agent, broker or adviser in leasing such property, pursuant to Sections 225.25(b)(5)(i) and (ii) of Regulation Y; and (2) making, acquiring, or servicing loans or other extensions of credit for the company's account or the account of others, pursuant to sections 225.25(b)(1) of Regulation Y. The proposed activities will be conducted throughout the United States. N/A 1/ Subject to the provisions of the Community Reinvestment Act. 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 an capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate- income neighbor hoods, in a manner consistent with its resources and capabilities. Week Ending April 7. 1995 NAME OF BANK RATING EXAMINATION DATE Gateway State Bank 1630 Richmond Road Staten Island, N.Y Outstanding November 14, 1994 10304 Week Ending April 7. 1995 con't 1/ 2/ 3/ 4/ NAME OF BANK RATING EXAMINATION DATE Chemung Canal Trust Co. One Chemung Canal Plaza Elmira, New York 14902 Outstanding October 31, 1994 Subject to provisions of Community Reinvestment Act. Later of dates specified in newspaper and Federal Register notices. Date specified in newspaper notice; a later date may be specified in the Federal Register notice. Date specified in Federal Register notice; a later date may be specified in the newspaper notice. N/A - Not Availables Section I APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY NONE SECTION II ~ APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE United Financial, M.H.C., Philadelphia, PA requests approval to form a mutual bank holding company by acquiring at least 51.0% of United Savings Bank, Philadelphia, PA, pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956, as amended. Newspaper comment period expires: Federal Register comment period expires: 5/14/95 N.Avail SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Financial Trust Corp., Carlisle, PA has filed notice of its intention to engage in trust activities through Financial Trust Services Company, Carlisle, PA, pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956, as amended, and Section 225.25(b)(3) of Regulation Y. Federal Register comment period expires: 04/26/95 Wilmington Trust Corporation, Wilmington, DE has filed notice of its intention to engage in trust activities through its wholly-owned subsidiaries, Wilmington Trust, FSB, Salisbury, HD and Wilmington Trust of Florida, National Association, Stuart, FLA, pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956, as amended, and Section 225.23(b)(3) of Regulation Y. Federal Register comment period expires: N. Avail SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE NONE 1/Subject to provisions of community Reinvestment Act. Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Signet Bank/Virginia, Richmond, Virginia, to establish an EFT Facility at 1803 West Main Street, Salem, Virginia.* 4-30-95 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date None. Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date Signet Banking Corporation, Richmond, Virginia, to engage in acting as investment advisor to a group of mutual funds and in providing brokerage, marketing, and related services through the acquisitions of Sheffield Management Company and Sheffield Investments, Inc., both of New York, New York. 4-27-95** Section IV - Application Not Subject to Federal Register Notice or Newspaper Notice None. *Application is subject to CRA requirements. **Expiration of comment period specified in the Federal Register. Federal Reserve Bank of Richmond Availability of CRA Public Evaluations Week ending April 7, 1995 Definition of Ratings Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to .meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Examination Date Centura Bank 134 North Church Street Rocky Mount, North Carolina The Rating 10-24-94 Satisfactory 1-23-95 Satisfactory Sank of Mullens 2 0 0 1st: Street Mullens, West Virginia 25882 Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending April 7. 1995 Section 1 - Applications Subject to Newspaper Notice OnlyApplication Comment Period Ending Date The Home Bank 05-05-95* Guntersville, Alabama To merge with Bank of Albetville, Albertville, Alabama, pursuant to Section 18(c) of the Federal Deposit Insurance Act. Compass Bank Not yet available* Jacksonville, Florida To merge with The American Bank of the South, Merritt Island, Florida, pursuant to Section 18(c) of the Federal Deposit Insurance Act . The Terrace Bank of Florida 05-20-95* Tampa, Florida To merge with niversity State Bank, Tampa, Florida, pursuant Section 18(c) of the Federal Deposit Insurance Act. to The Bank of Nashville 04-22-95* Nashville, Tennessee To establish an ATM facility located at the Cummins Station Office Building, 209 10th Avenue, South, Nashville, Tennessee. Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Commerce Bankshares, Inc. Birmingham, Alabama 1-BHC formation, National Birmingham, Alabama. Comment Period Ending Date Not yet available* Bank of Commerce of Birmingham, 1st Jackson Bancshares, Inc. 04-13-95* Stevenson, Alabama Federal Register 1-BHC formation, The North Jackson Bank, Inc., Stevenson, Alabama. *Subject to the provisions of the Community Reinvestment Act. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending April 7. 1995 Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date SouthTrust Corporation 04-13-95* Birmingham, Alabama Federal Register Along with its bank holding company subsidiary, SouthTrust of Florida, Inc., Jacksonville, Florida, to merge with FBC Holding Company, Inc., Crestview, Florida, and thereby directly acquire First Bank of Crestview, Crestview, Florida, pursuant to Section 3( a ) (5) of the Bank Holding Company Act. SouthTrust Corporation 5-01-95* Birmingham, Alabama Federal Register Along with SouthTrust of Georgia, Inc., Atlanta, Georgia, to merge with Southern Bank Group, Inc., Roswell, Georgia, and thereby directly acquire Northside Bank & Trust Company, Roswell, Georgia, pursuant to Section 3( a ) (5) of the Bank Holding Company Act. Gulf Bank Not yet available* Miami, Florida Change in control notice by Mr. Salvador Bonilla-Mathe, as trustee for the Salvador Bonilla-Mathe Revocable Trust, to acquire an additional 1.6 percent of the outstanding shares of Gulf Bank, Miami, Florida. Pilot Bancshares, Inc. Not yet available* Tampa, Florida 1-BHC formation, Terrace Interim Bank, Tampa, Florida, which is the vehicle to acquire The Terrace Bank of Florida, Tampa, Florida. Teche Bancshares, Inc. Not yet available* St. Martinville, Louisiana After-the-fact notice by Mr..James B. Bulliard, Sr., to retain 10.41 percent of the outstanding shares of Teche Bancshares, Inc., St. Martinville, Louisiana. *Subject to the provisions of the Community Reinvestment Act. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending April 7. 1995 Section 3 - Applications Sub-iect to Federal Register Only Application Comment Period Ending Date National Commerce Corporation Not yet available Birmingham, Alabama Along with Commerce Bankshares, Inc., Birmingham, Alabama, to acquire Talladega Federal Savings and Loan Association, Talladega, Alabama, pursuant to Section 4(c)(8) of the Bank Holding Company Act and Section 225.25(b)(9) of Regulation Y. First American Corporation 04-24-95 Nashville, Tennessee To acquire Heritage Federal Bancshares, Inc., Kingsport, Tennessee, and its thrift subsidiary, Heritage Federal Bank for Savings, Kingsport, Tennessee, pursuant to Section 4(c) (8) of the Bank Holding Company Act and Section 225.25(b)(9) of Regulation Y. Section 4 - Applications Not Subject to Federal Register Notice or Newspaper Notice Application The Terrace Bank of Florida Tampa, Florida Request for increase in bank premises. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending April 7. 1995 Section 10 - Availability of CRA Public Evaluations The CRA public evaluations of the insured depository institutions listed below became available during this week. Information about an institution's CRA evaluation may be obtained directly from the institution. In connection with the assessment of an institution's CRA performance, a rating is assigned from the following groups: Outstanding record of meeting community credit needs: An institution has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including 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 helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs: An institution needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs: An institution has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Examination Bank None. Rating Date Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date 2yP£ Application Merger/Branch Bank of Oakfield Oakfield, Wisconsin Van Dyne branch of M&I Central State Bank Ripon, Wisconsin N - ** Branch Comerica Bank Detroit, Michigan 4225 Breton Road, S.E. Grand Rapids, Michigan N - 4-4-95 EFT Isabella Bank and Trust Mount Pleasant, Michigan Wal-Mart Store, 4208 E. Bluegrass Road Mount Pleasant, Michigan N - 4-15-95 Membership First Evanston Bank & Trust Co. Evanston, Illinois to become a member of the Federal Reserve System NP - 4-16-95 Branch DeMotte State Bank DeMotte, Indiana 1501 South Heaton Knox, Indiana NP - 4-28-95 Branch Old Kent Bank Grand Rapids, Michigan 6075 North Hagadorn Road East Lansing, Michigan NP - 4-16-95 Membership Rolling Hills National Bank (to be named Rolling Hills Bank & Trust) Atlantic, Iowa to become a member of the Federal Reserve System NP - 4-29-95 Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Type Application Y-2 Greatbanc, Inc. Aurora, Illinois Greatbank Algonquin, Illinois* FR - 4-7-95 NP - 4-16-95 Y-2 Norton Capital Corporation Morris, Illinois Sheridan Bancorp, Inc. Morris, Illinois Sheridan State Bank Sheridan, Illinois* FR - 4-7-95 NP - 4-24-95 Y-l PSB Holdings, Inc. Wausau, Wisconsin Peoples State Bank Wausau, Wisconsin* FR - * * NP - 3-22-95 Y-l New Central Illinois Financial Co., Inc. Champaign, Illinois Banklllinois Financial Corporation Champaign, Illinois Banklllinois Champaign, Illinois Central Illinois Financial Corporation Champaign, Illinois Champaign National Bank Champaign, Illinois* FR - 4-10-95 NP - * * CoC-HC Rudolph Bancshares, Inc. Rudolph, Wisconsin by James R. Judd FR - 4-5-95 NP - 4-14-95 Y-l Milton Bancshares, Inc. Milton, Wisconsin Bank of Milton Milton, Wisconsin* FR - 4-21-95 NP - 4-19-95 Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Continued Comment Period Ending Date Type Application Y-l Sword Limited Partnership 1994 Horicon, Wisconsin Sword Financial Corporation Horicon, Wisconsin Horicon State Bank Horicon, Wisconsin* FR - 4-14-95 NP - ** Y-l BB&T Bancshares Corp. Bloomingdale, Illinois Bloomingdale Bank and Trust Bloomingdale, Illinois* FR - 4-14-95 NP - 4-8-95 Y-l First Evanston Bancorp Evanston, Illinois First Evanton Bank & Trust Company Evanston, Illinois (in organization)* FR - 4-27-95 NP - 4-16-95 Y-2 Heartland Financial USA, Inc. Dubuque, Iowa Riverside Community Bank Rockford, Illinois (in organization)* FR - 4-21-95 NP - ** Y-2 Northern Trust Corporation Chicago, Illinois Tanglewood Bancshares, Inc. Houston, Texas Tanglewood Bank, National Association Houston, Texas* FR - 4-27-95 NP - ** Y-l Suburban Illinois Bancorp, Inc. Elmhurst, Illinois Suburban Bank of Elmhurst Elmhurst, Illinois* FR - 4-24-95 NP - ** Y-l S.B.C.P. Bancorp, Inc. Cross Plains, Wisconsin State Bank of Cross Plains Cross Plains, Wisconsin* FR - 4-21-95 NP - ** Y-2 Scott Bancshares, Inc. Bethany, Illinois Maroa Banchsares, Inc. Maroa, Illinois Bank of Maroa Maroa, Illinois FR - 4-27-95 NP - 4-21-95 Federal Reserve Bank of Chicago Section.II.-Applications Subject to Both Newspaper and Federal Register Notice Continued Comment P eriod Fading Date Type Application Y-2 Anita Bancorporation Newton, Iowa Griswold Bancshares, Inc., Griswold, Iowa Griswold State Bank Griswold, Iowa FR - ** NP - 4-28-95 Y-2 State Financial Services Corporation Hales Corners, Wisconsin Waterford Bancshares, Inc. Waterford, Wisconsin Waterford Bank Waterford, Wisconsin FR - ** NP - ** Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Type Application 4(c) (8) NBD Bancorp, Inc. FR Detroit, Michigan NP Deerbank Corporation Deerfield, Illinois Deerfield Federal Savings & Loan Association Deerfield, Illinois 4(c) (8) NBD Bancorp, Inc. Detroit, Michigan Northern Illinois Financial Service Corp Deerfield, Illinois 4(c) (8) NBD Illinois, Inc. FR Park Ridge, Illinois NP Deerbank Corporation Deerfield, Illinois Deerfield Federal Savings and Loan Association Deerfield, Illinois 4 (c) (8) NBD Illinois, Inc. FR - 3-21-95 Park Ridge, Illinois NP -4-3-95 Northern Illinois Financial Service Corporation Deerfield, Illinois 4 (c) (8) Associated Banc-Corp FR - ** Green Bay, Wisconsin to engage in riskless principal thru its subsidiary, Associated Investment Services, Inc., Green Bay, Wisconsin 4 (c) (8) First National Company Storm Lake, Iowa to engage in the businees of abstracting 4 (c) (8) First Midwest Bancorp, Inc. FR - 4-12-95 Naperville, Illinois to engage in making, acquiring or servicing of loans or other extensions of credit for the company's account or for the account of others 4 (c) (8) Union-Calhoun Investments, LTD FR - 4-19-95 Rockwell City, Iowa to acquire the assets of Keith Insurance and thereby engage in general insurance agency 4(c) (8) MSB Holding Company, Inc. Moorhead, Iowa to engage de novo in lending activities 34- 21-95 3-95 FR - 3-21-95 NP - 4-3-95 34- 21-95 3-95 FR - ** FR - 4-24-95 Federal Reserve Bank of Chicago Section IV - Applications Not Subject to Federal Register or Newspaper Notice Type Application RoS None N FR * ** - Newspaper Federal Register Subject to Provisions of Community Reinvestment Act Not available at this time AVAILABILITY OF CRA PUBLIC EVALUATIONS The following state member banks have been examined by the Federal Reserve Bank of Chicago for compliance with the CRA. The 30-day business day period the bank has to make the evaluation public has lapsed during the week ending April 7, 1995. If you are interested in obtaining a copy of the evaluation document, please contact the bank(s) directly. Identification of Ratings O-An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. S-An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NI-An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SN-An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANK NAME/LOCATION -State Bank of Blue Mound 8 Niles Street Blue Mound, Illinois 62513 (217) 692-2157 EXAMINATION DATE 1/03/95 RATINGS S Federal Reserve Bank of St. Louis FOR THE WEEK ENDING APRIL 7, 1995 A p p lic a t io n SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE End of Comment Period *Section 9 application by Southern Commercial Bank, St. Louis, Missouri, to establish a branch office at 4433-4439 Meramec Bottom Road, St. Louis, Missouri. 4/29/95 ♦Section 9 application by First Community Bank, Conway, Arkansas, to establish a branch office in Greenbrier, Arkansas. 4/3/95 ♦Section 9 application by Fifth Third Bank of Kentucky, Inc., Louisville, Kentucky, to relocate its main office to 401 South 4th Street, Louisville, Kentucky. 4/24/95 Application SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE End of Comment Period ♦Section 4(c)(8) notification by First Banks, Inc., St. Louis, Missouri, to acquire Irvine City Financial, Irvine, California. Newspaper: 5/2/95 ♦Section 3(a)(3) application by Mercantile Bancorporation Inc., St. Louis, Missouri, to acquire Southwest Bancshares, Inc., Bolivar, Missouri. Newspaper: 5/5/95 ♦Section 3(a)(1) application by Community Financial Corp., Olney, Illinois, to.acquire Community Bank & Trust, N.A., Olney, Illinois. Newspaper: 5/6/95 Change in control notification involving Martinsburg Bancorp, Inc., Martinsburg, Missouri, by Mary K. Fennewald. Not yet available SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE A p p Iication End of Comment Period Section 4(c)(8) notification by P&W Bancshares, Inc., Little Rock, Arkansas, to engage de novo in lending activities (previously reported during week ending 3/31/95). 4/19/95 SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Application End of Comment Period None. ♦This application is subject to CRA. FEDERAL RESERVE BANK OF ST. LOUIS St. Louis, Missouri AVAILABILITY OF CRA PUBLIC DISCLOSURES Identification o f Ratings: Outstanding record o f meeting community credit needs An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs o f its entire delineated community, including low - and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record o f meeting community credit needs An institution in this group has a satisfactory record 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 improve record o f meeting community credit needs An institution in this group needs to improve its overall record o f ascertaining and helping to meet the credit needs 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 An institution in this group has a substantially deficient record o f ascertaining and helping to meet the credit needs o f its entire delineated community, including tow- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. FOR THE WEEK ENDING Name of Bank None. April 7, 1995 Bank Address Examination Date Examination Rating FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application American Bank, Whitefish, MT, a de novo bank, for prior approval to become a member of the Federal Reserve System Not yet available FEDERAL RESERVE BANK OF MINNEAPOLIS Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Application Steven L. Ohs proposes to acquire 20% of Community First Bancorp, Inc., Glendive, MT* April 21, 1995 (Federal Register) Ramsey Financial Corporation, Devils Lake, ND, to acquire the Rugby, Cavalier and Bottineau, ND, branches of First Bank, fsb, Fargo, ND* Not yet available *Subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application NONE. FEDERAL RESERVE BANK OF MINNEAPOLIS Section IV - Applications Not Subject to Federal Register Notice or Newspaper Noti Application M&I First National Bank of Ashland, Ashland, WI, to become a member of the Federal Reserve System M&I First National Bank of Superior, Superior, WI, to become a member of the Federal Reserve System FEDERAL RESERVE BANK OF MINNEAPOLIS Section V - Availability of CRA Public Evaluations week ending April 7, 1995 ASSIGNMENT OF RATING Identification of Ratings In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following groups: OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low-and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANK(S) EXAMINED Fulton State Bank PO Box 560 Mitchell, South Dakota (605) 996-5731 DATE OF EXAMINATION April 4, 1995 Outstanding 57301 Farmers State Bank of Cut Bank 125 West Main Street PO Box 1139 Cut Bank, Montana 59427-1139 (406) 873-5517 CRA RATING April 7, 1995 Satisfactory Federal Reserve Bank of Kansas City 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 APPLICATION COMMENT PERIOD ENDING DATE None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS Identification of Ratings Inconnection withtheassessment ofeach insured depository institution’sCRA performance, a rating isassigned from the following groups: Federal Reserve Bank of Kansas City Outstanding record of meeting community credit needs An institution in this group has an outstanding record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and 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 moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Bank/Location Exam Date CRA Public Date Greenhorn Valley Bank #1 N. Parkway P.O. Box 33 Colorado City, Colorado 81019 01-03-95 04-06-95 *Application is subject to CRA. CRA Rating Satisfactory FEDERAL RESERVE BANK OF DALLAS APPLICATIO NS BU LLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF APRIL 3, 1995 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE ** NOTICE EXP APPLICATION ♦Section Midland acquire DE, and 3(a)(1) application by American Bancshares; Inc., Midland, TX, to MAB Bancshares of Delaware, Inc., Wilmington, Midland American Bank, Midland, TX N/A ♦Section 3(a)(1) application by MAB Bancshares of Delaware, Inc., Wilmington, DE, to acquire Midland American Bank, Midland, TX N/A ♦Section 3(a)(1) application by MetroCorp, Inc., Houston, TX, to acquire MetroCorp of Delaware, Inc., Wilmington, DE, and MetroBank, N.A., Houston, TX N/A ♦Section 3(a)(1) application by MetroCorp of Delaware, Inc., Wilmington, DE, to acquire MetroBank, N.A., Houston, TX N/A ♦Section 3(a)(3) application by Southern Bancshares, Inc., Houston, TX, to acquire First State Bank Brazoria, Brazoria, TX (de novo) N/A SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION None. NOTICE EXP 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 3, 1995 Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to Improve record of meeting community credit needs. An institution in this group need to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial Noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Bank None. Date of Examination CRA Rating FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 4/07/95 Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Refiled: Westamerica Bank, San Rafael, California, merge with CapitolBank Sacramento, Sacramento, California. * Newspaper: 3/16/95 American River Holdings, Sacramento, California, to become a bank holding company by acquiring Ameican River Bank, Sacramento, California. * Newspaper: 4/21/95 Section II - Applications Sub.iect to Both Newspaper and Federal Reoister Notice InterWest Bancorp, Inc., Oak Harbor, Washington, to beome a bank holding company by acquiring InterWest Savings Bank, Oak Harbor, Washington. * Newspaper: Not available Fed. Req.: 4/28/95 Joel W. Kovner, Santa Monica, California, to acquire an additional 19.77 percent of Professional Bancorp, Inc., Santa Monica, California. * Newspaper: Not available Fed. Req.: 4/21/95 Duane R. Roberts, Murrieta, California; Robert W. Klemme, Palos Verdes Estates, California; Randall C. Luce, Anaheim, California; Richard B. Thomas, Corona Del Mar, California; and Entrepreneurial Capital Corporation, Riverside, California, to increase their ownership from 6.22 to 23.85 percent of FP Bancorp, Escondido, California. * Newspaper: 4/22/95 Fed. Req.: 4/24/95 Northeast Portland Community Development Trust and Albina Community Bancorp, both of Portland, Oregon, to become bank holding companies by acquiring Albina Community Bank (In Organization), Portland, Oregon. * Newspaper: Not available Fed. Req.: 5/08/95 Cache Valley Banking Company, Logan, Utah, to become a bank holding company by acquiring Cache Valley Bank, Logan, Utah. * Newspaper: Not available Fed. Req.: 5/08/95 Section III -Applications Subject to Federal Register Only None * Subject to CRA. FEDERAL RESERVE BANK OF SAN FRANCISCO ( c o n t 'd .) Week ending 4/07/95 Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice None Section V - Availability of CRA Public Evaluations The CRA public evaluations of the institution(s) below became available during the week ending April 7, 1995. Information about a particular institution's CRA evaluation may be obtained directly from the institution. Institution Location Concord Commercial Bank 2118 Willow Pass Road Concord, CA 94520-2453 (510) 798-2233 Examination Date 1/03/95 Rating* Outstanding *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 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 moderate-income neighborhoods, in a manner consistent with its resources and capabilities.