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ANNOUNCEMENT BOA R D OF G O V E R N O R S OF THE FEDERAL RESERVE SYSTEM H.2, 1995, No. 32 A c t i o n s of the Board, its Staff, and the Federal R e s e r v e Banks; A p p l i c a t i o n s and R e p o r t s R e c e i v e d D u r i n g the W e e k Ending A u g u s t 12, 1995 ACTIONS TAKEN BY THE BOARD OF GOVERNORS REGULATIONS AND POLICIES Federal Reserve Board sponsorship of a statistical study of household finances to provide policymakers with information on the economic condition of a broad array of American families. Announced, August 7, 1995. RESERVE BANK SERVICES Automated clearing house service -- request for comment on benefits and costs of controlling access to the Federal Reserve’s automated clearing house service (Docket R-0889). Approved, August 9, 1995. Fedwire -- to establish a firm closing time of 3:15 Eastern time for transfer originations and 3:30 Eastern time for reversals for the securities transfer service and to continue to close Fedwire securities transfer service earlier than the 3:15/3:30 p.m. closing times under certain circumstances, effective January 2, 1996 (Docket R-0866). Approved, August 9, 1995. Fedwire -- modifications to the Federal Reserve payment system risk policy relating to third-party access to Fedwire services (Docket R-0890). Approved, August 9, 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 Chicago Bank of Lakeview, Lakeview, Michigan -- to establish a branch at 10049 Buchanan Road, Stanwood, Michigan. Approved, August 11, 1995. H.2 AUGUST 7, 1995 PAGE 2 TO AUGUST 12, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK BRANCHES. DOMESTIC Richmond Crestar Bank, Richmond, Virginia --to establish a branch at 2047 Pleasant Valley Road, Winchester, Virginia. Approved, August 11, 1995. Dallas First Texas Bank - Texas City, Texas City, Texas -to establish a branch at 1100 Highway 146, Kemah, Texas. Approved, August 11, 1995. Chicago Harris Trust and Savings Bank, Chicago, Illinois -to establish an offsite electronic facility at Loyola University Business School, 25 East Pearson Street. Approved, August 3, 1995. Chicago Omni Bank, River Rouge, Michigan --to establish branches at 25318 Market Street, Detroit, Michigan; 14555 East Jefferson Avenue; and 1431 Washington Boulevard. Approved, August 11, 1995. BANK HOLDING COMPANIES New York Barclays PLC, London, England, and Barclays Bank PLC - - t o engage de novo in securities brokerage services and investment advisory services through Barclays de Zoete Wedd Securities, New York, New York. Permitted, August 11, 1995. Chicago Carroll County Bancshares, Inc., Carroll, Iowa -- to own and operate a finance company through Carroll Credit, Inc. Returned, August 10, 1995. Chicago Central Illinois Financial Co., Inc., Champaign, Illinois -- to engage de novo in trust activities through Bank Illinois Trust Co. Permitted, August 11, 1995. Atlanta Chatuge Bank Shares, Inc., Hiawassee, Georgia -- to acquire Bank of Hiawassee. Approved, August 11, 1995. H .2 AUGUST 7 , PAGE 3 1995 TO AUGUST 1 2 , 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY 1 M K HfiltBUiS gglffi&Hlia Atlanta Deposit Guaranty Arkansas Corporation, Fort Smith, Arkansas -- to acquire First Merchants Financial Corporation and Merchants National Bank. Approved, August 10, 1995. Atlanta Deposit Guaranty Corporation, Jackson, Mississippi, and Deposit Guaranty Arkansas Corporation, Fort Smith, Arkansas -- to merge with First Merchants Financial Corporation. Approved, August 10, 1995. St. Louis First Banks, Inc., Clayton, Missouri -- to operate a savings and loan association through acquisition of La Cumbre Savings Bank, F.S.B., Santa Barbara, California. Approved, August 7, 1995. Kansas City First National Corporation of Ardmore, Inc., Ardmore, Oklahoma --to acquire Bank of Love County, Marietta, Oklahoma. Approved, August 10, 1995. Secretary First National of Nebraska, Inc., Omaha, Nebraska -to engage de novo in certain data processing activities through First Technology Solutions, Inc. Approved, August 9, 1995. Atlanta First Trust Corporation, New Orleans, Louisiana request for release from commitment. Approved, August 11, 1995. Hinneapolis Kandiyohi Bancshares, Inc., Kandiyohi, Minnesota -to acquire Cosmos Bancorporation, Inc., Cosmos, Minnesota, and First State Bank of Cosmos. Approved, August 8, 1995. H .2 AUGUST 7, 1995 PAGE 4 TO AUGUST 12, 1995 .':s ■’ ^^ ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS. UNDER DELEGATED AUTHORITY : * _ . : w• ; - .y v r - BANK HOLDING COMPANIES Cleveland KeyCorp, Cleveland, Ohio --to acquire AutoFinance Group, Inc., Westmont, Illinois, and engage in consumer lending activities. Approved, August 10, 1995. Minneapolis Norwest>Corporation, Minneapolis, Minnesota --to acquire State National Bank, El Paso, Texas. Approved, August 8, 1995. Atlanta Peoples Holding Company, Winder, Georgia --to engage de novo in commercial finance activities through TPB Leasing. Permitted, August 11, 1995. Dallas Security Shares, Inc., Abilene, Texas -- to merge with SSB Corporation, Big Spring, Texas. Approved, August 9, 1995. Richmond Suburban 3ancshares,, Inc., Greenbelt, Maryland -- to acquire Financial Institutions Holding Corporation, Riverdale, Maryland. Approved, August 11, 1995. Atlanta United Community Banks, Inc., Blairsville, Georgia -to acquire White County Bancshares, Inc., Cleveland, Georgia, and White County Bank. Approved, August 9, 1995. Chicago West Bend Bancorp, West Bend, Iowa -- to engage in the sale of insurance through Security Insurance Inc. Permitted, August 11, 1995. H.2 AUGUST 7, 1995 PAGE 5 TO AUGUST 12, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK MERGERS Chicago Byron Center State Bank, Byron Center, Michigan -• to purchase tha assets and assume eartain liabilities of tha Molina, Michigan, branch of First of America Bank-Michigan, National Association, Grand Rapids, Michigan. Returned, August 7, 1995. Richmond Triangle Bank, Raleigh, North Carolina -- to marge with Tha Village Bank, Chapel Hill, North Carolina. Approved, August 11, 1995. BANKS. NONMEMBER. AND MISCELLANEOUS INSTITUTIONS Director, BS3R BANK?, state Capital City Trust Company, Tallahassee, Florida -registration as a transfer agent. Approved, August 8, 1995. m em b er Kansas City Bank of Commerce, Wetumka, Oklahoma -- payment of a dividend. Approved, August 10, 1995. Kansas City Morris State Bank, Morris, Oklahoma *- payment of a dividend. Approved, August 10, 1995. sm m siocK Chicago CHANGE MSB Holding Company, Inc., Moorhead, Iowa redemption of shares. Returned, August 3, 1995. BANK CONTROL Atlanta Citrus Financial Services, Inc., Vero Beach, Florida -- change in bank control. Permitted, August 11, 1995. Kansas City Financial Services of the Rockies, Inc., Colorado Springs, Colorado *- change in bank control. Permitted, August 3, 1995. Minneapolis Page Holding Company, Plankinton, South Dakota * change in bank control. Returned, August 3, 1995. H .2 AUGUST 7 , PAGE 6 1995 TO AUGUST 12, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS San Francisco Bank of Los Angeles, West Hollywood, California, proposed merger with World Trade 3ank, N.A., Beverly Hills, California -- report on competitive factors. Submitted, August 9, 1995. Chicago Bank of Sugar Grove, Sugar Grove, Illinois, proposed merger with S.B. Bank -- report on competitive factors. Submitted, August 7, 1995. Cleveland Bank of Williamsburg, Williamsburg, Kentucky, proposed merger with Williamsburg Interim Bank, Inc. -- report on competitive factors. Submitted, August 12, 1995. Chicago Bloomingdale Bank and Trust, Bloomingdale, Illinois, proposed merger with Bloomingdale Interim Bank -report on competitive factors. Submitted, August 7, 1995. Richmond Capital One, F.S.B., Falls Church, Virginia, proposed assumption of certain deposits of Signet Bank / Virginia, Richmond, Virginia -- report on competitive factors. Submitted, August 9, 1995. St. Louis Charter Bank, S.B., Sparta, Illinois, proposed merger with Charter Interim Savings Bank -- report on competitive factors. Submitted, August 10, 1995. St. Louis Crawford County State Bank, Robinson, Illinois, proposed purchase of certain assets and assumption of the deposit liabilities of the Sumner, Illinois, branch of First of America Bank, Illinois, N.A., Bannockburn, Illinois -- report on competitive factors. Submitted, August 10, 1995. Kansas City FBS Interim Bank, FSB, Omaha, Nebraska, proposed acquisition of the assets and assumption of the liabilities of First Bank, FSB -- report on competitive factors. Submitted, August 10, 1995. H.2 AUGUST 7, 1995 PAGE 7 TO AUGUST 12, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Atlanta First Federal Savings and Loan Association of the Palm Beaches, West Palm Beach, Florida, proposed acquisition through merger with Palm Beach Savings and Loan F.S.A, -- report on competitive factors. Submitted, August 9, 1995. Atlanta First South Bank, N.A., Fort Valley, Georgia, proposed merger with First South Bank of Middle Georgia, N.A., Macon, Georgia -- report on competitive factors. Submitted, August 9, 1995. Atlanta First Southwest Bancorp, Inc., Donaldsonville, Georgia, proposed acquisition of the assets and assumption of the liabilities of First Federal Savings Bank of Southwest Georgia -- report on competitive factors. Submitted, August 9, 1995. Richmond FTC Interim National Bank, Williamsport, Maryland, proposed merger with Washington County National Bank -- report on competitive factors. Submitted, August 3, 1995. Cleveland Grant County Deposit Bank, Williamstown, Kentucky, proposed acquisition of certain assets and assumption of certain liabilities of the Jonesville, Kentucky, branch of Community First Bank of Kentucky, Warsaw, Kentucky -- report on competitive factors. Submitted, August 8, 1995. Minneapolis Home State Bank, Kandiyohi, Minnesota, proposed merger with First State Bank, Cosmos, Minnesota -report on competitive factors. Submitted, August 10, 1995. Cleveland Key Bank, USA, N.A., Cleveland, Ohio, proposed purchase of certain assets and assumption of certain liabilities of Key Bank, USA, N.A., Albany, New York -- report on competitive factors. Submitted, August 3, 1995. H.2 AUGUST 7, 1995 PAGE 8 TO AUGUST 12, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Dallas Parker Square Bank, National Association, Wichita Falls, proposed merger with Norwest Trust Texas, National Association - Wichita Falls -- report on competitive factors. Submitted, August 7, 1995. Director, FRBQ Federal Reserve notes -- printing order for fiscal 1996. Approved, August 10, 1995. CURRENCY EXTENSIONS OF TIME Dallas A.N.B. Holding Company, Ltd., Terrell, Texas -extension to December 31, 1995, to acquire ANB Corporation, ANB Delaware Corporation, and American National Bank of Terrell. Granted, August 11, 1995. Chicago BB&T Bancshares Corp., Bloomingdale, Illinois -extension to November 10, 1995, to acquire Bloomingdale Bank and Trust. Granted, August 11, 1995. Chicago Comerica Bank, Detroit, Michigan -- extension to August 15, 1996, to establish branches at 1965 Baldwin, Jenison, Michigan, and 515 10 Mile Road, N.E., Rockford, Michigan. Granted, August 8, 1995. Richmond Communitycorp, Walterboro, South Carolina -extension to November 16, 1995, to acquire Bank of Walterboro#. Granted, August 11, 1995. San Francisco Hanil Bank, Ltd., Seoul, Korea -- extension to divest certain property. Granted, August 8, 1995. H.2 AUGUST 7, 1995 PAGE 9 TO AUGUST 12, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME Minneapolis Norwest Corporation, Minneapolis, Minnesota -extension to November 29, 1995, to acquire the mortgage business of Goldenbank, N.A., Golden, Colorado. Granted, August 9, 1995. New York Royal Bank of Canada, Montreal, Canada -- extension to engage de novo through BFA Receivables Acquisition Corp., Wilmington, Delaware, in servicing receivables and other extensions of credit for BFA’s account or the account of others. Granted, August 7, 1995. San Francisco Sun Capital Bancorp, St. George, Utah -- extension to acquire Sun Capital Bank. Granted, August 10, 1995. Chicago Rolling Hills Bank & Trust, Atlantic, Iowa -- to become a member of the Federal Reserve System. Approved, August 3, 1995. MEMBERSHIP RESERVE BANK OPERATIONS Director, FRBO Federal Reserve Bank of Atlanta -- to proceed with renovation of the Nashville Branch. Approved, August 11, 1995. RESERVf BANK SERVICES Director, FRBO Federal Reserve Bank of Chicago -- to modify the fees for check services at the Chicago, Detroit, Des Moines, Indianapolis, and Peoria offices. Approved, August 11, 1995. H.2 AUGUST 7, 1995 PAGE 10 ADDITIONS AND CORRECTIONS TO AUGUST 12, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CAPITAL STOCK Minneapolis Great Plains Bank Corporation, Eureka, South Dakota - redemption of shares. Approved, August 5, 1994. EXTENSIONS OF TIME Cleveland Banc One Corporation, Columbus, Ohio -- extension to August 2, 1996, to engage in data processing activities through Processador 21, Mexico City, Mexico. Granted, August 3, 1995. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date Application NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Comment Period Ending Date Application NONE SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY A pplication Comment Period Ending Date State Street Boston Corporation, Boston, Massachusetts section 4 notice to acquire 50% of BancBoston State Street Investors Services, L.P., Canton, Massachusetts Federal Register Not Yet Established SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS institution Examination Date R a t i n g ** NONE *Subject to CRA. **Rating Definitions: "0" - Outstanding; "S" Improve; "SN" - Substantial Noncompliance. - Satisfactory; "N" - Needs to Federal Reserve Bank of New York Comment Period Ending Date SECTION I Applications Subject to Newspaper ___________ Notice Only___________ United Jersey Bank, Hackensack, New Jersey, to establish a branch at 200 Etra Rd., Hightstown, New Jersey. 1/ 9/2/95 United Jersey Bank, Hackensack, New Jersey, to establish an offsite electronic facility at St. Peter's College, 2641 Kennedy Blvd., Jersey City, New Jersey. 1/ 8/31/95 SECTION II Applications Subject to Both Newspaper and Federal Register Notice None. SECTION III Nonbanking Applications (subject to Federal Register Notice Only) None. SECTION IV Applications Not Involving ______ Public Comment______ None. 1/ Subject to the provisions of the Community Reinvestment Act. SECTION V Availability of CRA Public Evaluations In connection with the assessment of each insured depositoryinstitution'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 August 12, 1995 NAME OF BANK RATING EXAMINATION DATE None. h|< n|m| / / / 4/ Subject to provisions of Community Reinvestment Act. Later of dates specified in newspaper and Federal Register notices. Date specified in newspaper notice; a later date may be specified in the Federal Register notice. Date specified in Federal Register notice; a later date may be specified in the newspaper notice. N/A - Not Availables FEDERAL RESERVE BANK OF PHILADELPHIA Section I - APPLICATIONS RECEIVED AND SUBJECT TO NEWSPAPER NOTICE ONLY NONE SECTION II - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Financial Trust Coro, Carlisle, Pennsylvania to acquire Washington County National Bank, Williamsport, Pennsylvania, pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956, as amended. Newspaper Notice comment period expires: Federal Register comment period expires: 08/30/95 09/05/95 SECTION III - APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL REGISTER NOTICE ONLY Sun Bancorp, Inc., Selinsgrove, PA to engage de novo in community development activities through a 95% limited partnership interest in Mifflin Place Associates, pursuant to Section 4(c)(8) of the Bank Holding Company of 1956, as amended and Section 225.25(b)(6) of Regulation Y. Federal Register comment period expires: N/Avail MBNA Corporation, Newark, Delaware to engage de novo in making, acquiring, and servicing consumer loans and credit card loans; and engage in acquiring and servicing mortgage loans, pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956, as amended and Sections 225.25(b)(1)(i);(ii);(iii) of Regulation Y through its nonbank subsidiary MBNA Consumer Services, Inc., Newark, Delaware. Federal Register comment period expires: N/Avail MBNA Corporation, Newark, Delaware to engage de novo in offering credit insurance (life, disability, and involuntary unemployment), pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956, as amended and Sections 225.25(b)(8)(i) of Regulation Y through its nonbank subsidiary MBNA Consumer Services, Inc., Newark, Delaware. Federal Register comment period expires: N/Avail Keystone Financial, Inc., Harrisburg, Pennsylvania to engage in investment advisory services through the acquisition of Martindale Andres & Company, Inc., West Conshohocken, Pennsylvania, pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956, as amended and Section 225.25(b)(4) of Regulation Y. Federal Register comment period expires: N/Avail First Bank of Philadelphia, Philadelphia, PA is the subject of a Change in Bank Control Notice filed by the Irrevocable Trust of Sherri Shaffer, Amy Harrow, Karen Tarte, and Lynn Roseman and as voting trustee for Travel One, both of which intend to acquire up to 24.9% each of the bank. Federal Register comment period expires: N/Avail SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE NONE FEDERAL RESERVE BANK OF PHILADELPHIA SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS The following institutions were examined for CRA. The 30-business day period the bank has to make the evaluation public has lapsed during the week ending August 11, 1995 Identification of Ratings In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following groups: Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Bank/Location Examination Date CRA Rating None None None F ed er a l R eserv e B ank of C leveland P. O. BOX 6387 CLEVELAND, OHIO 44101-13 87 APPLICATIONS BULLETIN (For the week ending August 12, 1995) SECTION I APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Received applications from PNC Bank Corp., Pittsburgh, *F: September 8, 1995 Pennsylvania, and PNC Bancorp, Inc., Wilmington, Delaware, on August 7, 1995, to acquire Midlantic Corporation, Edison, New Jersey, pursuant to Sections 3 and 4 of the Bank Holding Company Act. Received application from Premier Financial Bancorp, Georgetown, Kentucky, on August 7, 1995, to acquire The Citizens Bank, Sharpsburg, Kentucky, pursuant to Section 3 of the Bank Holding Company Act. Received application from First State Bancorp, Inc., Winchester, Ohio, on August 7, 1995, to acquire The State Bank o f Adams County, Winchester, Ohio, pursuant to Section 3 of the Bank Holding Company Act. *F: September 8, 1995 *Not Yet Known# SECTION m - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Received notice from First Financial Bancorp, Hamilton, Ohio, on August 7, 1995, of its intent to acquire a 23.1911 percent interest in Independent Bankers Life Insurance Company o f Indiana, Roachdale, Indiana, pursuant to Section 4 of the Bank Holding Company Act. * - Subject to CRA N - Newspaper Comment Period F - Federal Register Comment Period # - Expected to End 30 Days from Date o f Receipt Not Yet Known# F e d e r a l R e s e r v e 3 AMK of Cleveland P. O. BOX 6387 CLEVELAND, OHIO 4 4 10 1-13 87 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 # - Expected to End 30 Days from Date of Receipt AVAILABILITY OF CRA PUBLIC EVALUATIONS (August 11, 1995) 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 August 11, 1995. If you are interested in obtaining a copy of an evaluation document, please contact the bank(s) directly. There are four descriptive ratings for CRA: OUTSTANDING: a bank in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SATISFACTORY: a bank in this group has a satisfactory record o f ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. 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 o f 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 of 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 First Savings Bancorp, Inc., Southern Fines, North Carolina, to become a bank holding company through the acquisition of First Savings Bank of Moore County, Inc., SSB, Southern Fines, North Carolina. 8*15-95 Hanover Bank, Mechanicsville, Virginia, to establish a branch in the Concourse at Wyndham near the intersection of Nuckols Road and O ld Nuckols Road, Glen Allen, Virginia.* 9-7-95 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 Comment Period Ending Date Application First Union Corporation, Charlotte, North Carolina; NationsBank Corporation, Charlotte, North Carolina; Wachovia Corporation, WinstonSalem, North Carolina; and Southern National Corporation, Winston-Salem, North Carolina, to acquire shares of Education Financing Services, LLC, Winston-Salem, North Carolina. 9-8-95** Section IV - Application Not Subject to Federal Register Notice or Newspaper Notice Application None. ★Application is subject to CRA requirements. ★★Expiration of comment period specified in the Federal Register. F e d e ra l R eserve Bank o f Richm ond Availability of CRA Public Evaluations Week ending August 11, 1995 Definition of Ratines Outstanding record of meeting community credit needs. A n institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs 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. A n institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of lea 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. A n 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. A n 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 ___ Pate Rating Peoples Bank of Virginia 9970 Iron Bridge Road Chesterfield, Virginia 23832 5-22-95 Satisfactory The Fauquier Bank 10 Courthouse Square Warrenton, Virginia 22186 5-22-95 Satisfactory F & M Bank-Keyser, Inc. 87 North Main Street Keyser, West Virginia 26726 5-22-95 Satisfactory Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending August ,11, 19.9.5 Section 1 - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date American Bancshares, Inc. 08-14-95* Bradenton, Florida Notice for 1-BHC formation, American Bank of Bradenton, Bradenton, Florida. Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Farmers Bancshares, Inc. 09-01-95* Cheneyville, Louisiana Federal Register 1-BHC formation, The Farmers Bank & Trust of Cheneyville, Cheneyville, Louisiana. First Commerce Corporation 08-14-95* New Orleans, Louisiana Federal Register To merge with Peoples Bancshares, Inc., Chalmette, Louisiana, and thereby directly acquire Peoples Bank and Trust Company of St. Bernard, Chalmette, Louisiana, pursuant to Section 3(a)(5) of the Bank Holding Company Act. Section 3 - Applications Subject to Federal Register Only Application Comment Period Ending Date Hibernia Corporation 08-31-95 New Orleans, Louisiana To engage de novo in making, acquiring, or servicing loans or other extensions of credit, pursuant to Section 225.25(b)(1) of Regulation Y and Section 4(c)(8) of the Bank Holding Company A c t . 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 August 11, 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 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. Bank Rating Commercial Bank of Florida 1550 S.W. 57 Avenue Miami, Florida 33144 (305)267-1200 Satisfactory Examination Date 05-01-95 Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending August 11, 1995 Recently Approved Applications Approval Date Citrus Financial Services, Inc. 08-11-95 Vero Beach, Florida After-the-fact notification filed by Mr. Roy H. Lambert and Mr. James R. Thompson to collectively retain 2.67 percent of the outstanding shares of Citrus Financial Services, Inc., Vero Beach, Florida. Total ownership equals 11.27 percent. Chatuge Bank Shares, Inc. Hiawassee, Georgia 1-BHC formation, Bank of Hiawassee, Hiawassee, Georgia. 08-11-95 Peoples Holding Company 08-11-95 Winder, Georgia To engage de novo in commercial finance activities, through its existing subsidiary, TPB Leasing, Winder, Georgia, pursuant to Section 225.25(b) (1) (iv) of Regulation Y and Section 4(c) (8) of the Bank Holding Company Act. United Community Banks, Inc. 08-09-95 Blairsville, Georgia To acquire White County Bancshares, Inc., Cleveland, Georgia, and thereby through interim merger, acquire its subsidiary, White County Bank, Cleveland, Georgia, pursuant to Section 3(a)(5) of the Bank Holding Company Act. FirsTrust Corporation New Orleans, Louisiana Commitment waiver request. 08-11-95 Deposit Guaranty Corporation 08-10-95 Jackson, Mississippi Along with Deposit Guaranty Arkansas Corporation, Jackson, Mississippi, to merge with First Merchants Financial Corporation, Fort Smith, Arkansas, and thereby directly acquire Merchants National Bank, Fort Smith, Arkansas, pursuant to Section 3(a) (5) of the Bank Holding Company Act. Deposit Guaranty Arkansas Corp. Fort Smith, Arkansas 1-BHC formation, Merchants National Bank, Fort Smith, Arkansas. 08-10-95 F e d e ra l R e s e rv e B ank o f C h ic a g o Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date* TyjD e Application Merger/Branch Security Savings Bank NP - ** Farhamville, Iowa to acquire the assets and assume the deposit liabilities of the Harcourt, Iowa and Lehigh, Iowa offices of Boatmen’s Bank of Fort Dodge, Fort Dodge, Iowa and to establish branches at 127 South Ash Street, Harcourt, Iowa and 116 Main Street, Lehigh, Iowa Merger Bank of Oakfield Oakfield, Wisconsin Van Dyne Branch of M&I Central State Bank Ripon, Wisconsin NP - ** EFT Rolling Hills Bank & Trust Atlantic, Iowa 900 Main Street Griswold, Iowa NP - 8-11-95 Branch Harris Trust and Savings Bank Chicago, Illinois 824 N. Western Avenue Lake Forest, Illinois NP - 8-27-95 Branch North Shore Community Bank & Trust Company Wilmette, Illinois 362 Park Avenue Glencoe, Illinois NP - ** Branch West Chester Savings Bank West Chester, Iowa 313 Franklin Street West Chester, Iowa NP - 8-23-95 Branch Citizens Commercial & Savings Bank Flint, Michigan 35478 Groesbeck Highway Clinton, Michigan 8275 Holly Road Grand Blanc, Michigan NP - ** F e d e r a l R e s e r v e B ank o f C h ic a g o Section I - Applications Subject to Newspaper Notice Only Continued Comment Period Ending Date Type Application Branch DeMotte State Bank DeMotte, Indiana 3421 West State Road 10 Wheatfield, Indiana NP - 8-21-95 Merger/Branch Rolling Hills Bank & Trust Atlantic, Iowa Griswold State Bank Griswold, Iowa 1307 East Seventh Atlantic, Iowa 701 Main Street Anita, Iowa 600 Main Street Griswold, Iowa NP - 8-21-95 EFT Comerica Bank Detroit, Michigan Kroger Store 23001 Michigan Avenue Dearborn, Michigan NP - 8-14-95 Branch First Source Bank South Bend, Indiana 1751 Lexington Avenue Elkhart, Indiana 23164 U.S. 33 Elkhart, Indiana NP - 8-27-95 Branch Baylake Bank Sturgeon Bay, Wisconsin to establish two branches NP 7-31-95 F e d e r a l R e s e rv e Bank o f C h ic a g o Section II - Applications Subject to Both Newspaper and Federal Register Notice Type Application Y-2 Lincoln Bancorp Reinbeck, Iowa Garwin Bancorporation Garwin, Iowa Farmers Savings Bank Garwin, Iowa* CoC-HC Y-2 Y-2 Y-l Y-l Y-2 First Community Bancshares, Corp. Milton, Wisconsin John C . Bradshaw Colfax Bancshares, Inc. Victor, Iowa Maxwell Bancorporation Maxwell, Iowa Maxwell State Bank Maxwell, Iowa* Ida Grove Bancshares, Inc. Ida Grove, Iowa American Bancshares, Inc. Holstein, Iowa American National Bank Holstein, Iowa* American Bancshares, Inc. Holstein, Iowa American National Bank Holstein, Iowa* Olympia Bancorporation, Inc. Employee Stock Owners Chicago Heights, Illinois Olympia Bancorporation, Inc. Chicago Heights, Illinois Heritage Olympia Bank Chicago Heights, Illinois* F&M Bancorporation, Inc. Kaukauna, Wisconsin Peoples State Bank of Bloomer Bloomer, Wisconsin* Comment P e r i o d Ending D a t e FR - 7NP - 8- 10-95 7-95 FR - 7- 8- 17-95 9-95 NP FR - 8-4-95 NP - 8-28-95 FR - 8-10-95 NP - 8-6-95 FR - 8-10-95 NP - 8-6-95 FR - 8NP - 9- 11-95 4-95 FR - 8-17-95 NP - 8-7-95 Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper a n d F e d e r a l Register Notice Comment Period Ending Date Type Application Y-2 NBD Bancorp, Inc. Detroit, Michigan NBD Bank Venice Florida* FR - 8-28-95 NP - 8-21-95 Y-l Philipps Investment Limited Partnership Spring Hill, Florida Gratiot Bancshares, Inc. Gratiot, Wisconsin Gratiot State Bank Gratiot, Wisconsin* FR - 8-17-95 NP - 7-22-95 Y-2 Shorebank Corporation Chicago, Illinois Indecorp, Inc. Chicago, Illinois Independence Bank of Chicago Chicago, Illinois Drexel National Bank Chicago, Illinois* FR - 8-14-95 NP - 8-10-95 Y-2 Beaman Bancshares, Inc. Beaman, Iowa Producers Savings Green Mountain, Iowa* FR - 8-17-95 NP - 8-14-95 Y-2 Comerica Incorporated Detroit, Michigan Metrobank Los Angeles, California* FR - 8-18-95 NP - 8-20-95 Y-2 Comerica California Incorporated San Jose, California Metrobank Los Angeles, California* FR - 8-18-95 NP - 8-20-95 CoC- HC Kent Bancshares, Inc. Kent, Illinois by Virgil L. Bocker & Delmar Kampen FR - 8-3-95 NP - ** Y-2 Dentel Bancorporation Victor, Iowa Maxwell Bancorporation Maxwell, Iowa Maxwell State Bank Maxwell, Iowa* FR - 8-4-95 NP - 8-28-95 F e d e r a l R e s e r v e B ank o f C h ic a g o Section II - Applications Subject to Both Newspaper and Federal Register Notice Continued Comment Period Ending Date £YB§. Application Y-l National Australia Bank Limited Melbourne, Australia National Equities Limited Melbourne, Australia National Australia Group (UK) Limited London, England North Americas Holdings Limited London, England MNC Acquisition Co, Melbourne, Australia Michigan National Corporation Farmington Hills, Michigan Bloomfield Hills Bancorp, Inc. Bloomfield Hills, Michigan Bank of Bloomfield Hills Bloomfield Hills, Michigan Michigan National Banks Farmington Hills, Michigan* FR - 8-24-95 NP - 8-21-95 Y-2 Firstbank of Illinois Co. Springfield, Illinois Confluence Bancshares Corporation St. Peters, Missouri Duchesne Bank St, Peters, Missouri* FR - 8-25-95 NP - 8-1-95 Y Madison Holdings Limited Partnership Madison Heights, Michigan Madison Bancorp, Inc. Madison Heights, Michigan Madison National Bank Madison Heights, Michigan* FR - 8-31-95 NP - 8-25-95 Y-2 Comerica Incorporated Detroit, Michigan Questar Bank, National Association Houston, Texas* FR - 8-28-95 NP - 9-1-95 Y-2 Comerica Texas Incorporated Dallas, Texas Questar Bank, National Association Houston, Texas* FR - 8-28-95 NP - 9-1-95 F e d e r a l R e s e r v e B ank o f C h ic a g o Section II - Applications Subject to Both Newspaper and Federal Register Notice Continued Comment Period Ending Date XY£e Application Y-l Sable Bancshares, Inc. Chicago, Illinois Community Bank of Lawndale Chicago, Illinois* FR - 9-1-95 NP - ** Y-2 WFC, Inc. Waukon, Iowa Viking State Bank & Trust Decorah, Iowa (in organization)* FR - 9-7-95 NP - ** Y-2 Merchants Bancorp, Inc. Aurora, Illinois Valley Banc Services Corp. St. Charles, Illinois Anchor Bank Third Lake, Illinois Hinckley State Bank Hinckley, Illinois State Bank of Osco Osco, Illinois V.B.H. Corporation St. Charles, Illinois Fox Valley Bank St. Charles, Illinois* FR - 9-7-95 NP - ** Y-2 Calumet National Corporation Hammond, Indiana Chicago Heights Bancorp, Inc. Chicago Heights, Illinois Chicago Heights National Bank Chicago Heights, Illinois* 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) Northern Trust Corporation Chicago, Illinois RCB International Inc. Stamford, Connecticut FR - 8-10-95 4(C) (8) Ida Grove Bancshares, Inc. Ida Grove, Iowa to engage in making & servicing loans FR - 8-15-95 4(c) (8) Horizon Bancorp FR - 8-10-95 Michigan City, Indiana to act as an agent or broker for insurance directly related to its extensions of credit 4 (c) (8) Crystal Valley Financial Corporation Middlebury, Indiana to invest in low-income housing project FR - 8-10-95 4(c) (8) Withee Bank Shares, Inc. Withee, Wisconsin to engage in community development activities through Hometown Development Corporation, Withee, Wisconsin FR - 8-22-95 4(c) (8) Spencer Bancorporation, Inc. FR - 8-23-95 Spencer, Wisconsin to engage de novo in community development activities 4 (c) (8) ABN AMRO Holding N.V. FR - ** Amsterdam, Netherlands ABN AMRO Bank N.V. Amsterdam, Netherlands Meespierson N.V. Amsterdam, Netherlands Stichting Administratiekantoor ABN AMRO HOLDING Amsterdam, Netherlands Stichting Prioriteit ABN AMRO HOLDING Amsterdam, Netherlands Line Financial Services, Inc. Chicago, Illinois Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only Continued Comment Period Ending Date Type Application 4(c) (8) ABN AMRO Bank N.V. FR - ** Amsterdam, Netherlands ABN AMRO Holding N.V. Amsterdam, Netherlands Stichting Administratiekantoor ABN AMRO Holding Amsterdam, Netherlands Stichting Prioriteit ABN AMRO Holding Amsterdam, Netherlands to acquire indirectly 100% of the outstanding voting shares of Alfred Berg, Inc., Stockholm, Sweden and thereby engage in certain securities underwriting and dealing activities. 4(c) (8) National Australia Bank Limited FR - 8-24-95 Melbourne, Australia National Equities Limited Melbourne, Australia National Australia Group (UK) Limited London, England North Americas Holdings Limited London, England MNC Acquisition Co. Melbourne, Australia MNC Operations and Services, Inc. Farmington Hills, Michigan MNC Leasing Company Detroit, Michigan Independence One Life Insurance Company Phoenix, Arizona Independence One Capital Management Corp. Farmington Hills, Michigan Michigan Bank, F.S.B. Troy, Michigan Independence One Asset Management Corporation Irvine, California 4 (c) (8) NBD Bancorp, Inc. FR - 8-22-95 Detroit, Michigan to expand the geographic scope of its subsidiary, NBD Real Estate Services, Inc. Detroit, Michigan, and thereby engage in mortgage lending and servicing, real property leasing, real estate appraising, management consulting and credit insurance activities. Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only Continued IYsSe Application 4 (c» (8) Carroll County Bancshares, Inc. Carroll, Iowa to establish an industrial loan company, Carroll Credit, Inc., which will acquire a portion of the assets of Personal Lenders, Inc. Comment Period Ending Date FR - 8-30-95 Federal Reserve Bank of Chicago Section IV - Applications Not Subject to Federal R e g i s t e r or Newspaper Notice Applic a t i o n -None- N - Newspaper FR - 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 August 11, 1995. If you are interested in obtaining a copy of the evaluation document, please contact the bank(s) directly. Identification of Ratings O-An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. S-An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NI-An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SN-An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANK NAME/LOCATION EXAMINATION DATE RATINGS -Americanmidwest Bank & Trust 1600 West Lake Street Melrose Park, Illinois 60160 (708) 531-5691 4/17/95 S -Royal American Bank 1604 Colonial Parkway Inverness, Illinois 60067-4725 (708) 202-8300 5/01/95 S -First Trust & Savings Bank 111 East 2nd Avenue P.O. Box 247 Aurelia, Iowa 51005-0247 (712) 434-2291 5/08/95 S Federal Reserve Bank of St. Louis FOR THE WEEK ENDING AUGUST 11, 1995 Application SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE End of Comment Period ♦Section 9 application by Fifth Third Bank of Kentucky, Inc., Louisville, Kentucky, to relocate its branch office from 2331 Nicholasville Road to 2197 Nicholasville Road, Lexington, Kentucky. A p p Iication 8/20/95 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE End of Comment Period Change in control notification involving Mansfield Bankstock, Inc., Mansfield, Arkansas, by J. Michael Shaw. Federal Register: 8/29/95 ♦Section 4(c)(8) notification by New Era Bancorporation, Inc., Fredericktown, Missouri, to acquire St. Francois County Financial Corp., Farmington, Missouri, and thereby acquire St. Francois County Savings and Loan Association, Farmington, Missouri. Newspaper: 9/3/95 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application End of Comment Period None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Application End of Comment Period None. ♦This application is subject to CRA. FEDERAL RESERVE BANK OF ST. LOUIS St. Louis, Missouri AVAILABILITY OF CRA PUBLIC DISCLOSURES U n if ic a t ion o f Ratings: Outstanding record o f meeting community credit needs A n institution in this group has an outstanding record of, and f c a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, ;'.:c.’jding 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 tow- and moderate- income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record o f meeting community credit needs An institution in this group needs to improve its overall record 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. Substantial noncompliance in meeting community credit needs An institution in this group has a substantially deficient record o f ascertaining and helping to meet the credit needs o f its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. FOR THE WEEK ENDING Name of Bank August 11, 1995 Bank Address Examination Date Examination Rating First Community Bank P.0. Box 938 Conway, AR 04-17-95 Satisfactory Bank of Ste. Genevieve P.0. Box 408 Ste. Genevieve, MO 04-24-95 Satisfactory FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application NONE. FEDERAL RESERVE BANK OF MINNEAPOLIS Section II - Applications Subject to Both Newspaper and Federal Register Notice Application 215 Holding Company, Minneapolis, Minnesota, to acquire 100% of Valley Bancorporation, Inc., LeSueur, Minnesota* Comment Period Ending Date September 1, 1995 (Newspaper) Lake Elmo Bancshares, Inc., Lake Elmo, Minnesota, to acquire 70.57% of the voting shares of Lake Elmo Bancorp, Inc., Lake Elmo, Minnesota* September 1, 1995 (Newspaper) Western Dakota Holding Company, Timber Lake, South Dakota, to acquire 50.02% of'the voting shares of Dewey County Bank, Timber Lake, South Dakota* September 5, 1995 (Federal Register) Security State Bank Holding Company, Hannaford, North Dakota, to acquire 100% of the voting shares of Security State Bank of Jamestown, Jamestown, North Dakota, a de novo bank* September 5, 1995 (Federal Register) Hershell R. Page, Thomas R. Page, and Ruth Ann Page Trust, to acquire 59.5% of the voting shares of The Page Holding Company, Plankinton, South Dakota (Retroactive) August 22, 1995 (Returned 8-8-95) *Subiect to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application Not yet available Norwest Corporation, Minneapolis, Minnesota, to acquire 100% of The Foothill Group, Inc., Los Angeles, California FEDERAL RESERVE BANK OF MINNEAPOLIS Section IV - Applications Not Subject to Federal Register Notice or Newspaper Noti< Application NONE. FEDERAL RESERVE BANK OF MINNEAPOLIS Section V - Availability of CRA Public Evaluations week ending August 11, 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 DATE OF EXAMINATION CRA RATING Root River State Bank Post Office Box 517 Chatfield, MN 55923-0517 (507) 867-4120 May 8, 1995 Satisfactory Federal Reserve Bank of Kansas City SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE Bank One, Oklahoma City, Oklahoma, for prior approval to establish a deposit taking ATM at 2401 N.W. 23rd Street, Oklahoma City, Oklahoma. Not Available Bank of Colorado-Western Slope, Grand Junction, Colorado, for prior approval to invest an additional $2,350,000 in bank premises. Not Available SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING DATE First National Bank Shares, Ltd., Great Bend, Kansas, for prior approval to acquire an additional 9.9 percent of the voting shares of Unison Bancorp, Inc., Lenexa, Kansas.* Not Available Jackie Lynn Poulson, Ericson, Nebraska, and Gregory Gene Jensen, Ord, Nebraska, for prior approval to each acquire an additional 3.86 percent, of the voting shares of Wheeler County Bancshares, Inc., Ericson, Nebraska. August 25, 1995 FirstBank Holding Company of Colorado Employee Stock Ownership Plan, Lakewood, Colorado, for prior approval to acquire 27.2 percent of the voting shares of FirstBank Holding Company of Colorado, Lakewood, Colorado.* September 5, 1995 BFM Bancshares, Inc., Kingman, Kansas, for prior approval to become a bank holding company through the acquisition of 81.025 percent of the voting shares of State Bank of Kingman, Kingman, Kansas.* September 7, 1995 Federal Reserve Bank of Kansas City SECTION m - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE Community First Bankshares, Inc., Denver, Colorado, for prior approval to engage in lending activities.* Not Available SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS Identification o f Ratings In connection with the assessment of each insured depository institution’s CRA performance, a rating is assigned from the following groups: Outstanding record of meeting community credit needs An institution in this group has an outstanding record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and 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. Federal Reserve Bank of Kansas City Substantial noncompliance in meeting community credit needs An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Bank/Location Exam Date CRA Public Date Citizens Bank P.O. Box 888 Lawton, Oklahoma 73502-0888 05-01-95 08-09-95 Outstanding Bank of Papillion P.O. Box 28967 Papillion, Nebraska 68128-0967 05-08-95 08-10-95 Satisfactory *Application is subject to CRA. CRA Rating FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF AUGUST 7, 1995 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP ♦Section 3(a)(1) formation notice by ABNA Holdings, Inc., Denton, TX, to acquire American Bank, N.A., Dallas, TX 95/08/11 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP ♦Section 3(a)(3) application by UB&T Financial Corporation, Dallas, TX, to acquire Southeast Bancshares, Inc., Dallas, TX, and Commercial National Bank, Dallas, TX (Previously reported during the week of 7-10-95) ♦Section 3(a)(3) application by UB&T Delaware Financial Corporation, Dover, DE, to acquire Southeast Bancshares, Inc., Dallas, TX, and Commercial National Bank, Dallas, TX (Previously reported during the week of 7-10-95) 95/08/17 95/08/17 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION NOTICE EXP Section 4(c)(8) notification by First Houston Bancshares, Inc., Houston, TX, to acquire 40 percent of the voting common stock of Vision Software, Inc., Austin, TX, and engage in the development, sale, and servicing of medical payment services and software, and provide data processing services for all aspects surrounding the payment of medial claims through a subsidiary known as First Houston Financial Services, Inc., Houston, TX, d/b/a Altair Corp., Austin, TX N/A 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 AUGUST 7. 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 Noncompllance 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 8/11/95 Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Farmers & Merchants Bank- of Central California, Lodi, California, to establish an automated teller machine at the Richland Market, 3801 Yosemite Boulevard, Modesto, California. * Newspaper: 8/31/95 West One Bank, Idaho, Boise, Idaho, to establish an automated teller machine at the Turning Point Convenience Store Junction at Highway 55 and 95, New Meadows, Idaho. * Newspaper: 9/05/95 Section II - Applications Sub.iect to Both Newspaper and Federal Register Notice ValliCorp Holdings, Inc., Fresno, California, to merge with CoBank Financial Corporation, San Luis Obispo, California, thereby acquiring Commerce Bank of San Luis Obispo, National Assocation, San Luis Obispo, California. * Newspaper: 8/31/95 Fed. Reg.: Not available Allen Barbieri, Martin Hart, Doug Heller, 6. MitcheirMorris, Jon Salquist, James Schuler and David Stein, to acquire up to 67.79 percent of PNB Financial Group, Newport Beach, California. * Newspaper: Not available Fed. Reg.: 8/28/95 John C. Bell, John C. Bell Family Trust and K & G Trust, Burbank, California, to increase ownership up to 13.83 percent of Western Security Bancorp, Burbank, California. * Newspaper: Not available Fed. Reg.: 8/28/95 Section III -Applications Subject to Federal Register Only None Section IV - Applications Not Sub.iect to Federal Register Notice or Newspaper Notice None * Subject to CRA. FEDERAL RESERVE BANK OF SAN FRANCISCO (cont’d.) Week ending 8/11/95 Section V - Availability of CRA Public Evaluations The CRA public evaluations of the Institution^) below became available during the week ending August ll, 1995. Information about a particular Institution’s CRA evaluation may be obtained directly from the Institution. Institution IflMtlflfl Examination Date Rating* None *Under the rating system an Institution’s CRA performance 1s assigned one of the following four ratings: Outstanding record of meeting community credit needs: An Institution has an outstanding record of, and 1s a leader In, ascertaining and helping to meet the credit needs of Its entire delineated community, Including low- and moderate-Income neighborhoods, 1n 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 1n 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, 1n 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 1s not Intended to replace formal notices required by statute or regulation; the Reserve Bank assumes no responsibility for errors or omissions.