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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1989, No. 33 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending August 19, 1989. ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK HOLDING COMPANIES Banknorth Group, Inc., Burlington, Vermont (newly formed corporation) — to acquire Banknorth Group, Inc., Howard Bancorp, and their banking subsidiaries. Approved, August 14, 1989. B.M.J. Financial C o r p ., Bordentown, New Jersey — acquire Bank of Delaware, Fairless Hills, Pennsylvania. Approved, August 14, 1989. to MEMBERSHIP Bank of Delaware Valley, Fairless Hills, Pennsylvania — to become a member of the Federal Reserve System. Approved, August 14, 1989. ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED A U T H O R I T Y ABBREVIATIONS: B S & R - Banking Supervision and Regulation; C&C A - Consumer and Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve Bank Operations; GC - General Counsel; IF - International Finance; OSDM - Office of Staff Director for Management BANK BRANCHES, D O M ESTIC New Y o r k Manufacturers and Traders Trust Company, Buffalo, New Y o r k — to establish a branch at 3035 Niagara Falls Boulevard. Approved, August 17, 1989. P h iladelphia Merid i a n Bank, Reading, Pennsylvania — to establish a branch at 1414-1438 South Penn Square, Philadelphia, Pennsylvania. Approved, August 15, 1989. BANK HOLDING C O M PANIES R i chmond B a n k M a ryland Corp., Towson, M a r y l a n d — to acquire Heritage International Bank, Inc., Bethesda, Maryland. Approved, August 18, 1989. H .2 AUGUST 14, 1989 PAGE 2 TO AUGUST 18, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES New Y o r k Barclays PLC, London, England; Barclays Ba n k PLC; London, England; BayBanks, Inc., Boston, Massachusetts; Chemical Banking Corporation, New York, New York; Manufacturers Hanover Corporation, New York, New York; National W e s tminster Bank PLC, London, England; NatWest Holdings, Inc., New York, New York; Northeast Bancorp, Inc., New Haven, Connecticut; The Bank of New Y o r k Company, Inc., New York, New York; The Chase M a n hattan Corporation, New York, New York; The Hongkong and Shanghai Banking Corporation, Hong Kong, B.C.C.; Kellett NV, Curacao, Netherlands Antilles; HSBC Holdings BV, Amsterdam, The Netherlands; and Marine Midland Banks, Inc., Buffalo, New Y o r k — to engage in data processing and related activities through D a tek Instacard Corporation. Permitted, August 14, 1989. S t . Louis Farmers Holding Company, Jacksonville, Illinois — to engage de novo in community development activities t h rough T r i -County Community Development Corporation. Permitted, August 14, 1989. Kansas City Gold Bancshares, Inc., Seneca, Kansas — to acquire Comanche Bancshares, Inc., Coldwater, Kansas; Peoples State Bank,. Coldwater, Kansas; Oketo Bancshares, Inc., Marysville, Kansas; and Blue V a l l e y National Bank, Marysville, Kansas. Approved, August 14, 1989. Richmond H o rizon Bancorp, Inc., Bethesda, M a ryland — acquire GOLDCrest Bank. Approved, August 14, 1989. Chicago J o h nson Heritage Bancorp, Ltd., Racine, Wisconsin -to acquire Joh n s o n Heritage Trust Company. Approved, August 14, 1989. St, Louis M&P Commu n i t y Bancshares, Inc., Newport, Arkansas — to acquire Merchants and Planters Bank. Approved, August 18, 1989. to H .2 AUGUST 14, 1989 PAGE 3 TO AUGUST 18, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES New Y o r k ONBANCorp, Inc., Syracuse, New Y o r k — Onondaga Savings Bank. Approved, August 14, 1989. to acquire San Francisco Security Pacific Corporation, Los Angeles, California — to make additional investments in Security Pacific Hoare Govett (Holdings) Limited, Los Angeles, California, and certain of its direct and indirect subsidiaries. Approved, August 17, 1989. Boston Society for Savings Bancorp, Inc., Hartford, Connecticut -- to retain its indirect interest in CADRE, Inc., Avon, Connecticut. Approved, August 15, 1989. Atlanta South Banking Company, Alma, Georgia — to merge with Georgia Peoples Bankshares, Inc., Baxley, Georgia, and to acquire Peoples State Bank & Trust, Baxley, Georgia. Approved, August 18, 1989. A t l anta SouthTrust Corporation, Birmingham, A l a bama — to merge SouthTrust of Jackson County, Marianna, Florida, with Florida Community Banks, Inc., Bonifay, Florida, and Florida Central Banks, Inc., Chipley, Florida. Approved, August 14, 1989. A t l anta Sun Banks, Inc., Orlando, Florida — to merge Bonifay H o lding Company, Bonifay, Florida. Withdrawn, August 14, 1989. BANK PREMISES St. Louis J a c kson Exchange Ban k and Trust Company, Jackson, Mi s s o u r i — investment in b a n k premises. Approved, August 18, 1989. Philadelphia Meri d i a n Bank, Reading, P e n n s ylvania — b a n k premises. Approved, August 15, 1989. investment in H.2 AUGUST 14, 1989 PAGE 4 TO AUGUST 18, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANKS, NONMEMBER, AND MISCELLANEOUS INSTITUTIONS St. Louis Reliable Life Corporation, St. Louis, Missouri -deregistration statement. Approved, August 17, 1989. New Y o r k Saitama Bank, Ltd., Saitama, Japan -- agreement pursuant to section 8 of the Securities Exchange Act of 1934 concerning extensions of credit to securities brokers and dealers. Submitted, August 18, 1989. CAPITAL STOCK Kansas City Colwich Financial Corporation, Colwich, Kansas -redemption of shares. Approved, August 16, 1989. Kansas City First Ain s w o r t h Company, Ainsworth, Nebraska — redemption of shares. Approved, August 14, 1989. CHANGE IN BANK CONTROL Chicago B . O.Y Bancorp, Inc., Yorkville, Illinois — ba n k control. Permitted, August 15, 1989. change in San Francisco BNB Bancorp, Burbank, California — control. Permitted, August 18, 1989. M i nneapolis Eden V a l l e y Bancshares, Inc., Eden Valley, Minnesota — change in b a n k c o n t r o l . Permitted, August 15, 1989. Kansas City First A i n s w o r t h Company, Ainsworth, Nebraska — change in b a n k c o n t r o l . Permitted, August 14, 1989. Chicago First Financial Corporation, Terre Haute, Indiana change in b a n k c o n t r o l . Permitted, August 18, 1989. San Francisco Griffin Holdings, Inc., Los Angeles, C a lifornia change in ba n k control. Permitted, August 18, 1989. change in bank H .2 AUGUST 14, 1989 PAGE 5 TO AUGUST 18, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CHANGE IN BANK CONTROL Dallas Lorena State Bank, Lorena, Texas — control. Permitted, August 15, 1989. change in bank COMPETITIVE FACTORS REPORTS Dallas Ameri c a n National Bank, Corpus Christi, Texas, proposed merger with Amer i c a National Bank - South — report on competitive factors. Submitted, August 16, 1989. Kansas City BAN K IV Interim National Ba n k of Garden City, Garden City, Kansas, p r oposed merger with The Garden National Ba n k of Garden City — report on competitive factors. Submitted, August 16, 1989. Kansas City B a n k of Oklahoma, N.A., Tulsa, Oklahoma, proposed merger with B a n k of Oklahoma, Mercantile Center, Tulsa, Oklahoma; B a n k of Oklahoma, Broken Arrow, N.A., Broken Arrow, Oklahoma; Bank of Oklahoma, City Plaza, Tulsa, Oklahoma; Ban k of Oklahoma, Lewis Center, Tulsa, Oklahoma; and Bank of Oklahoma, Southwest Tulsa, Tulsa, Oklahoma — report on competitive factors. Submitted, August 16, 1989. Chicago Citizens State Bank, Clarinda, Iowa, proposed acquisition of assets and assumption of liabilities of The N o d away V a l l e y National Bank of Villisca, Villisca, Iowa -- report on competitive factors. Submitted, August 15, 1989. Cleveland Consumers National Bank, Minerva, Ohio, proposed purchase of assets and assumption of liabilities of the Hanove r t o n B r a n c h of Banc One, Youngstown, National Association, Youngstown, Ohio — report on competitive f a c t o r s . Submitted, August 16, 1989. H.2 AUGUST 14, 1989 PAGE 6 TO AUGUST 18, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Dallas Cullen Center Bank & Trust, Houston, Texas, proposed merger with Cullen B a n k Northfield, N.A., Houston, Texas, and Cullen Ba n k Sugar Land, Sugar Land, Texas — report on competitive factors. Submitted, August 17, 1989. Kansas City First National B a n k of Hayes Center, Hayes Center, Nebraska, p r oposed merger with Am e r i c a n State Bank, McCook, Nebraska — report on competitive factors. Submitted, August 16, 1989. Chicago First of A m e r i c a B a n k - M a r q u e t t e , National Association, Marquette, Michigan, proposed merger wit h First of A m e r i c a B a n k - I r o n Mountain, National Association, Iron Mountain, Mi c h i g a n — report on competitive f a c t o r s . Submitted, August 15, 1989. Chicago First W i s c o n s i n National B a n k of Sheboygan, Sheboygan, Wisconsin, p r o p o s e d merger with First W i s c o n s i n South West B a n k of She b o y g a n — report on competitive factors. Submitted, August 15, 1989. R i chmond J e fferson National Bank, Charlottesville, Virginia, prop o s e d purchase of assets and assumption of liabilities of two b r anches of NCNB Virginia, Dumfries, V i r g i n i a — report on competitive factors. Submitted, August 18, 1989. Chicago Metrobanc, National Association, Grand Rapids, Michigan, propo s e d merger wi t h Comerica Bank-Grand Rapids, National Association, Grand Rapids, Michigan, and Comerica Bank-Jackson, National Association, Jackson, M i c h i g a n — report on competitive f a c t o r s . Submitted, August 15, 1989. H.2 AUGUST 14, 1989 PAGE 7 TO AUGUST 18, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Kansas City Security National Bank of Superior, Superior, Nebraska, proposed acquisition of assets and assumption of liabilities of Lawrence State Bank, Lawrence, Nebraska — report on competitive factors. Submitted, August 14, 1989. EXTENSIONS OF TIME Boston Eastern Savings Bancorp, Inc., Lynn, Massachusetts — extension to November 17, 1989, to acquire Eastern Bank. Granted, August 14, 1989. San Francisco First Interstate Bancorp, Los Angeles, California — extension to divest certain properties. Granted, August 16, 1989. Atlanta First National Bancshares, Inc., Hollywood, Florida — extension to December 14, 1989, to acquire First National Ba n k of Hollywood. Granted, August 14, 1989. St. Louis HNB Bancorp, Inc., Hannibal, Miss o u r i — extension to November 26, 1989, to acquire the successor by merger to Hannibal National Bank. Granted, August 17, 1989. R i c hmond Key Centurion Bancshares, Inc., Charleston, West Vi r g i n i a — extension to November 18, 1989, to acquire Guyan National Bank, Barboursville, West Virginia. Granted, August 14, 1989. Chicago M a dison Financial Corporation, Chicago, Illinois — extension to effect change in b a n k control. Denied, August 15, 1989. Chicago N e vada National Co., Omaha, Ne b r a s k a — extension to November 10, 1989, to acquire Rain w o o d Corporation, Omaha, Nebraska, and V a l l e y State Bank, Rock Valley, Iowa. Granted, August 16, 1989. H.2 AUGUST 14, 1989 PAGE 8 TO AUGUST 18, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHO R I T Y EXTENSIONS OF TIME Minneapolis Norwest Corporation, Minneapolis, Minnesota; Norwest Financial Services, Inc., Des Moines, Iowa; and Norwest Financial, Inc. — extension to November 22, 1989, to engage de novo in underwriting involuntary unemployment insurance. Granted, August 14, 1989. San Francisco Security Pacific Corporation, Los Angeles, California — e xtension to divest certain property. Granted, August 16, 1989. RESERVE BANK SERVICES Director, FRBO Federal Reserve Bank of Dallas — to implement a pilot program for commingling returned checks with forward collection items in West Texas and remaining regions of the Dallas territory. Approved, August 16, 1989. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Application Coirment Period Ending Date None SECTION I I - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Coirment Period Ending Date Application NONE SECTION I I I - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Coirment Period Ending Date Application NONE ♦Subject to CRA 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 Center Banks Incorporated, Skaneateles, New York, to become a bank holding company with respect to Skaneateles Savings Bank, Skaneateles, New York.l/ 9/11/89 3/ SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) The Toronto-Dominion Bank, Toronto, Canada to engage through Toronto Dominion Securities Corp. in financial and transaction advice to financial and nonfinancial institutions, private placements of all types of securities as agent, brokerage and investment advice for retail and institutional customers, arrangement of sales of loans and other extensions of credit originated by affiliated and unaffiliated lenders as agent, financial advice to Canadian Governmental entities, and underwriting and dealing, to a limited extent, in certain ineligible securities. N/A The Nippon Credit Bank, Ltd., Tokyo, Japan to engage de novo in certain data processing activities through its indirect subsidiary, Trading Desk Systems, Incorporated, New York, New York. N/A The Chase Manhattan Corporation, New York, New York to engage through its subsidiary, Chase Securities, Inc., in providing financial advice to municipalities and administering pooled financings for municipal authorities. N/A SECTION IV Applications Not Involving ______ Public Comment______ None. 1/ 2/ 3/ 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. N/A - Not Available FEDERAL RESERVE BA N KO F PHILADELPHIA SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Comment Period Ending Date None. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Comment Period Ending Date None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE * OR NEWSPAPER NOTICE None. 1/ Subject to provisions of Community Reinvestment Act. *N/A - not yet available. Ten Independence Mall, Philadelphia, PA 19106-1574, (215) 574-6000 Applications Bulletin For Week Ending August 19, 1989 SECTION I ~ APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING Received application on August 7, 1989 fron The Fifth Third Bank, Cincinnati, Ohio, for permission to establish a CBCT branch at 201 East Pete Rose Way, Riverfront Stadium, Cincinnati, Ohio. *September 17, 1989 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Received Section 3(a)(3) application on August 14, 1989 from Fifth Third Bancorp, Cincinnati, Ohio, to acquire The National Bank and Trust Company of Paris, Paris, Kentucky. * N - September 8, 1989 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY NONE SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE NONE Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date First Virginia Bank - Franklin County, Rocky Mount, Virginia, request for permission to establish a branch at Union Hall Plaza, Route 40 and State Route 946, Union Hall, Virginia.* 9-11-89 Bank of Ripley, Ripley, West Virginia, request for permission to establish a branch at 108/110 South Church Street, Ripley, West Virginia.* 9-16-89 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date None Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date None Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None *Appl i c a t i o n is subject to CRA. August 14, 1989 Federal Reserve Bank of Atlanta Applications Bulletin Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Sovran Bank/Central South Nashville, Tennessee 09-06-89 (CRA) To establish a branch office at the McKendree Village Retirement Center, 4343 Lebanon Road, Hermitage, Tennessee, to be known as the McKendree Village Office. The Bank of Nashville Nashville, Tennessee 08-21-89 (CRA) To become a mamfcer of the Federal Reserve System, pursuant to section 9 of the Federal Reserve Act. Section XI - Applications Subject to Both Newspaper and Federal Register Notice Application CBS Banc-Corp. Russellville, Alabama 1-BHC formation, Citizens Bank Comment Period Ending Date & 08-31-89 Federal Register Savings Company, Russellville, Alabama. Barrow Bancshares, Inc. Winder, Georgia 1-BHC formation, Barren/ Bank & Trust Company, Winder, Georgia. American National Financial Corporation Panama City, Florida Change in control by Albert P. Qualls, Jr outstanding shares of common stock. First Community Bancorp, Inc. Cartersville, Georgia 1-BHC formation, First Community Bank (in organization). & 08-28-89 Federal Register to acquire 68.05 percent of the 09-01-89 Federal Register Trust, Cartersville, Georgia Madison Bank Corporation 08-30-89 Madison, Georgia Newspaper Change in control by Floyd C. Newton, Jr., to acquire an additional 11.23 percent of the outstanding shares of common stock that will increase his total ownership to 25 percent. August 14, 1989 Federal Reserve Bank of Atlanta Applications Bulletin Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date WB&T Bankshares, Inc. 08-25-89 Waycross, Georgia Federal Register 1-BHC formation, Waycross Bank & Trust, Waycross, Georgia. Bank of Gonzales Holding Company, Inc. 08-30-89 Gonzales, Louisiana Federal Register After-the-fact change in control by the Board of Directors and Voting Trust (John P. Casey, Jr., et. al) to retain 22.03 percent of the outstanding shares of cannon stock. Employees Stock Ownership Trust of People's 08-12-89 Bank & Trust Company of Pickett County Newspaper Byrdstown, Tennessee 1-BHC formation by acquiring 30 percent of Upper Cumberland Bancshares, Inc., Byrdstcwn, Tennessee, and indirectly acquiring its subsidiary bank. Wayne County Bancshares, Inc. 08-17-89 Waynesboro, Tennessee Federal Register After-the-fact change in control by M. L. Haggard, Sr., to retain 28.19 percent of the outstanding shares of cannon stock. Section III - Applications Subject to Federal Register Notice Only Application Conment Period Ending Date Mid State Banks, Inc. Cordele, Georgia 09-01-89 To engage de novo in data processing activities, pursuant to section 225.25(b) (7) of Regulation Y. F e d e r a l R e s e rv e Bank o f C h ic a g o Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Type Application Branch FMB Commercial Bank Greenville, Michigan Contractual (49) at 8 affiliated main offices and their branches* N - ** Branch FMB-State Savings Bank Lowell, Michigan Contractual (49) at 8 affiliated main offices and their branches* N - ** Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Type Application Y-2 Readlyn Bancshares, Inc. St. Paul, Minnesota Britt Bancshares, Inc. St. Paul, Minnesota First State Bank Britt, Iowa* FR - 4-21-89 N - 8-28-89 Y-2 Chemical Financial Corporation Midland, Michigan Community Bancorp, Inc. St. Charles, Michigan Community State Bank of St. Charles St. Charles, Michigan* FR - 8-31-89 N - 9-1-89 CoC-HC Indiana United Bancorp Greensburg, Indiana William Griffin Barron FR - ** N - 8-31-89 Y—1 Alliance Bancorporation and Trimpe's Inc. Lisbon, Iowa Lisbon Bank and Trust Company Lisbon, Iowa* FR - ** N - ** Y—1 Peoples Financial Corp. of Illinois, Inc. Kewanee, Illinois Peoples National Bank of Kewanee Kewanee, Illinois* FR - ** N - 9-1-89 F e d e r a l R e s e rve Bank o f C h ic a g o Section III - Applications Subject to Federal Register Notice Only lYEg Application Y-4 First Sioux Bancshares, Ltd. Sioux Center, Iowa First Sioux Financial, Inc. Sioux Center, Iowa Comment Period Ending Date FR - ** Section IV - Applications Not Subject to Federal Register Notice Or Newspaper Notice Application None N - Newspaper FR - Federal Register Subject to Provisions of Community Reinvestment Act ** Not available at this time Federal Reserve Bank of St. Louis SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE None. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE None FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to _______ Newspaper Notice Only_______ Comment Period Ending Date Application The Northwestern Bank Chippewa Falls, WI To establish a branch at 110 North Washington Street, Thorp, WI* Not yet available Troy Community Bank Troy, MT (de novo) For membership in the Federal Reserve System* Not yet available Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Gail K. Mathisen To acquire control of 100% of St. James Bancorp., Inc., Chanhassen, MN Not yet available Arnold K. Skeie and Frank L. Farrar To acquire control of 92% of Oppegard Agency, Inc., Dilworth, MN Not yet available Lincoln Holding Company Hankinson, ND To acquire the Lincoln State Bank Hankinson, ND* 9-22-89 (Newspaper) Fortune 44 Company Boulder, CO To acquire Newberry Bancorp, Inc. Newberry, MI which owns the New berry State Bank, Newberry, MI* 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 Norwest Corporation Minneapolis, MN To engage de novo through Norwest Investment Services, Inc,, in the following activities: 1) Underwriting and dealing in obligations that national banks are authorized to deal in; 2) Underwriting and dealing to a limited ex tent in certain securities national banks are ineligible to deal in; 3) Full service retail brokerage; 4) Providing private placement services for commercial paper, municipal revenue bonds, municipal leases, and mortgage-backed securi ties ; 5) Purchasing and selling precious metals and coins for the account of customers; and 6) Acting as a futures commission merchant. Draper Holding Company Draper, SD To engage in insurance agency activities through the acquisition of Dave Moore Insurance Agency, Vivian, SD. The activity will be conducted in Presho and Draper, SD 9-8-89 Not yet available Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None Federal Reserve Bank o f Kansas City SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE None. SECTION II - APPLICATIONS SOBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING DATE F r a n k l i n S t a t e B a n c s h a r e s , Inc., F r a n k l i n , N e b r a s k a , for p r i o r a p p r o v a l to b e c o m e a b a n k h o l d i n g c ompany t hrough the a c q u i s i t i o n of 1 00 p e r c e n t of t h e v o t i n g s h a r e s of F r a n k l i n State Bank, Franklin, Nebraska.* Not Available FirstBank Holding Company Employee S t o c k O w n e r s h i p Plan, L a k e w o o d , C o l o r a d o , for p r i o r a p p r o v a l to i n c r e a s e its p r o p o r t i o n a t e o w n e r s h i p i n t e r e s t in F i r s t B a n k H o l d i n g C o m p a n y of C o l o r a d o , L a k e w o o d , C o l o r a d o , b y 4.9 p e r c e n t to 24.9 p e r c e n t . Not Available K a r l B l a d e , M i a m i , O k l a h o m a , for p r i o r a p p r o v a l to a c q u i r e a 1 9 . 6 p e r c e n t o w n e r s h i p i n t e r e s t in G uaranty Bancorporation, Tulsa, Oklahoma. Not A v a i lable Ed Berrong, W e a t h e r f o r d , Oklahoma, for p r i o r a p p r o v a l t o i n c r e a s e h i s p r o p o r t i o n a t e o w n e r s h i p i n t e r e s t in F i r s t N a t i o n a l B a n c s h a r e s of W e a t h e r f o r d , In c . , W e a t h e r f o r d , O k l a h o m a , b y .66 p e r c e n t t o 1 6 . 3 4 percent. Not A v a i l a b l e Federal Reserve Bank o f Kansas City SECTION III ~ APPLICATIONS SOBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE None. SECTION IV ~ APPLICATIONS NOT SOBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. ♦ A p p l i c a t i o n is s u b j e c t t o C R A . FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF AUGUST 14, 1989 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY NOTICE EXP APPLICATION None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP ♦Section 3(a)(1) application by Amarillo Delaware Bancorp, Inc., Wilmington, DE, to acquire Amarillo National Bank, Amarillo, TX 89/09/23 ♦Section 3(a)(1) application by East Texas Financial Corporation, Kilgore, TX, to acquire Citizens Bank, Kilgore, TX 89/09/08 ♦Section 3(a)(1) application by New Borger Bancorporation, Inc., Lubbock, TX, to acquire First Borger Bancshares, Inc., Borger, TX, and First National Bank of Borger, Borger, TX 89/09/05 ♦Section 3(a)(1) application by New Canyon Bancorporation, Inc., Lubbock, TX, to acquire First Canyon Bancorporation, Inc., Canyon, TX, First Canyon Bancshares, Inc., Canyon, TX, and The First National Bank in Canyon, Canyon, TX 89/09/05 ♦Section 3(a)(3) application by Ford Bank Group, Inc., Lubbock, TX, to acquire First Canyon Bancorporation, Inc., Canyon, TX, First Canyon Bancshares, Inc., Canyon, TX, and The First National Bank in Canyon, Canyon, TX 89/09/05 ♦Section 3(a)(3) application by Ford Bank Group, Inc., Lubbock, TX, to acquire Permian Financial Corporation, Crane, TX, and First State Bank, Crane, TX 89/09/05 ♦Section 3(a)(3) application by Ford Bank Group, Inc., Lubbock, TX, to acquire First Borger Bancshares, Inc., Borger, TX, and First National Bank of Borger, Borger, TX 89/09/05 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. * SUBJECT TO CRA. ** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY. N/A - NOT AVAILABLE AT THIS TIME. FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 8/18/89 Section I - Applications Sub.iect to Newspaper Notice Only A p d Iication Comment Period Ending Date None Section II - Applications Sub.iect to Both Newspaper and Federal Register Notice Winston R. Lauder, Ketchum, Idaho, to acquire between 90 and 100 percent of Idaho State Bank, Glenns Ferry, Idaho. Bay Commercial Services Employee Stock Ownership Plan, San Leandro, California, to increase its ownership from 9.26 to 11.87 percent of Bay Commercial Services, San Leandro, California. Palm Desert Investments, Indian Wells, California, to become a bank holding company through the acquisition of a minimum of 25 percent of Palm Desert National Bank, Palm Desert, California. * Fed. Reo.: 8/23/89 Newspaper: Not yet published Fed. Reg.: 9/05/89 Newspaper: Not yet published Fed. Reg.: Not available Newspaper: Not available Section III - Applications Sub.iect to Federal Register Notice Only Security Pacific Corporation, Los Angeles, California, to engage in leasing activities beyond the scope of those listed in Regulation Y through Security Pacific Leasing Corp. Fed. Reg.: Not yet published Section III - Applications Sub.iect to Federal Register Notice Only None Section IV - Applications Not Sub.iect to Federal Register Notice or Newspaper Notice None * S u b je c t to CRA.
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