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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
H.2, 1996, No. 34
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending August 24, 1996
ACTIONS TAKEN BY THE BOARD OF GOVERNORS
BANK HOLDING COMPANIES
Shinhan Bank, Seoul, Korea - - t o acquire Marine
National Bank, Irvine, California.
Approved, August 19, 1996.
BANKS. FOREIGN
Korea Development Bank, Seoul, Korea -- to establish
a state-licensed branch in New York, New York.
Approved, August 23, 1996.
REGULATIONS AND POLICIES
Commodity Futures Trading Commission -- letter to the
CFTC concerning its annual report on its exercise
of margin authority.
Approved, August 22, 1996.
Regulation Y -- request for comment on proposed
amendments to eliminate unnecessary regulatory
burden (Docket R-0935).
Approved, August 23, 1996.
Regulation Y -- amendment of the interpretive rule on
investment adviser activities, and repeal of staff
interpretation concerning the sale of mutual fund
shares by bank holding companies.
Approved, August 23, 1996.
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
Secretary
AmSouth Bank of Florida, Tampa, Florida -- to
establish a branch at 3522 Bell Shoals Road,
Valrico, Florida.
Approved, August 21, 1996.
H.2
AUGUST 19, 1996
PAGE 2
TO
AUGUST 23, 1996
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK BRANCHES. DOMESTIC
Kansas City
BancFirst, Oklahoma City, Oklahoma - - t o establish an
ATM and night deposit drop box in the Weatherford
Shopping Center, 310 North Washington, Suite 1345,
Weatherford, Oklahoma.
Approved, August 23, 1996.
Atlanta
Barnett Bank of Southwest Georgia, Columbus,
Georgia - - t o establish a branch to be known as
Ranger Joe’s Remote Drive-Up, at 4030 Victory
Drive.
Approved, August 19, 1996.
San Francisco
First Security Bank of Nevada, Las Vegas, Nevada -to establish a branch at the intersection of 1-215
and Warm Springs Road.
Approved, August 21, 1996.
Chicago
Harris Trust and Savings Bank, Chicago, Illinois -to establish a branch at Morgan Park Professional
Centre, 1701 W. Monterey Avenue.
Approved, August 21, 1996.
Chicago
NAB Bank, Chicago, Illinois - - t o establish a branch
at 250 West Cermak Road.
Returned, August 20, 1996.
Cleveland
Richwood Banking Company, Richwood, Ohio -notification of intent to establish a branch at
Mosler’s IGA, 21701 Main Street, Raymond, Ohio.
Permitted, August 22, 1996.
Kansas City
Webb City Bank, Webb City, Missouri -- to establish a
branch at 1710 East 32nd, Suite K, Joplin,
Missouri.
Approved, August 19, 1996.
Minneapolis
Yellowstone Bank, Laurel, Montana -- to establish
branches in Absarokee, Billings, and Columbus,
Montana.
Approved, August 20, 1996.
H.2
AUGUST 19, 1996
PAGE 3
TO- AUGUST 23, 1996
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK HOLDING COMPANIES
Atlanta
Alabama National BanCorporation, Birmingham,
Alabama - - t o merge with FIRSTBANC Holding Company,
Inc., Robertsdale, Alabama, and acquire First Bank
of Baldwin County.
Approved, August 21, 1996.
St. Louis
Belknap Partnership, L.P., Poplar Bluff, Missouri
to acquire shares of Bootheel Bancorp, Inc.,
Malden; and First Community Bank, Bernie, Missouri.
Approved, August 19, 1996.
Kansas City
Commerce Bancshares, Inc., Adair, Oklahoma -- to
acquire Adair State Bank.
Approved, August 19, 1996.
Chicago
Community Holdings Corporation, Palos Hills, Illinois
-- to acquire First State Bank and Trust Company of
Palos Hills.
Approved, August 19, 1996.
Chicago
Crestmark Bancorp, Inc., Bloomfield Hills, Michigan - to acquire Crestmark Bank, Troy, Michigan.
Approved, August 22, 1996.
Kansas City
DFC Acquisition Corporation Two, Kansas City,
Missouri - - t o acquire shares of Air Academy
National Bancorp, United States Air Force Academy,
Colorado.
Approved, August 21, 1996.
Kansas City
Eagle Holding Company, Broomfield, Colorado - - t o
acquire Eagle Bank.
Approved, August 21, 1996.
Richmond
F&M Bancorp, Frederick, Maryland - - t o merge with
Home Federal Corporation, Hagerstown, Maryland.
Approved, August 23, 1996.
H. 2
AUGUST 19, 1996
PAGE 4
TO . AUGUST 23, 1996
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK HOLDING COMPANIES
Atlanta
First Alliance Bancorp, Inc., Marietta, Georgia -- to
acquire Premier Bancshares, Inc., Atlanta, Georgia;
Premier Bank, F.S.B.; and Premier Lending
Corporation; and engage in lending activities.
Approved, August 22, 1996.
Kansas City
FirstBank Holding Company of Colorado ESOP, Lakewood,
Colorado, and FirstBank Holding Company of Colorado
-- to acquire FirstBank of Greeley, Greeley,
Colorado.
Approved, August 20, 1996.
St. Louis
Lawton Partners Holding Company, Central City,
Kentucky -- to increase ownership interest in First
United, Inc., through a redemption of shares by
First United, Inc.
Approved, August 21, 1996.
Boston
Merrill Merchants Bancshares, Inc., Bangor, Maine -to engage in management consulting through M&M
Consulting Limited Liability Company.
Approved, August 19, 1996.
Minneapolis
Norwest Corporation, Minneapolis, Minnesota -- to
acquire Texas Bancorporation, Inc., Odessa, Texas.
Approved, August 20, 1996.
Minneapolis
Norwest Corporation, Minneapolis, Minnesota; Norwest
Financial Services, Inc., Des Moines, Iowa; and
Norwest Financial, Inc. - - t o engage de novo in the
issuance and sale at retail of money orders.
Permitted, August 22, 1996.
Kansas City
Olathe Bancorporation, Inc., Olathe, Colorado -- to
acquire shares of Olathe State Bank.
Approved, August 23, 1996.
Atlanta
ONB Financial Services, Inc., Ocala, Florida -- to
acquire Ocala National Bank.
Approved, August 22, 1996.
H. 2
AUGUST 19, 1996
PAGE 5
TO
AUGUST 23, 1996
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK HOLDING COMPANIES
Minneapolis
Otto Bremer Foundation, St. Paul, Minnesota, and
Bremer Financial Corporation -- to acquire the
lease servicing program and related assets of CFS
Financial Corp., Minnetonka, Minnesota.
Approved, August 23, 1996.
GC
Perryton Bancshares, Inc., Perryton, Texas -- request
for reconsideration of the Board’s approval of the
application to acquire Perryton National Bank.
Denied, August 23, 1996.
Kansas City
Premier Bancorp, Inc., Denver, Colorado -- to acquire
Premier Bank, Lenexa, Kansas.
Approved, August 20, 1996.
St. Louis
Roosevelt Financial Group, Inc., Chesterfield,
Missouri -- to acquire Community Charter
Corporation, St. Louis, Missouri, and Missouri
State Bank and Trust Company.
Approved, August 19, 1996.
St. Louis
Roosevelt Financial Group, Inc., Chesterfield,
Missouri -- to retain shares of Roosevelt Bank and
Roosevelt Mortgage Company, and continue to engage
in mortgage banking activities.
Approved, August 19, 1996.
Atlanta
South Alabama Bancorporation, Inc., Mobile, Alabama - to merge with First Monco Bancshares, Inc.,
Monroeville, Alabama, and acquire the Monroe County
Bank.
Approved, August 22, 1996.
Boston
UES Bancorp, Whitinsville, Massachusetts - - t o
acquire Unibank for Savings.
Approved, August 22, 1996.
San Francisco
Vailicorp .Holdings, Inc., Fresno, California -- to
acquire shares of Auburn Bancorp, Auburn,
Cal ifornia.
Approved, August 19, 1996.
H.2
AUGUST 19, 1996
PAGE 6
T£>
AUGUST 23, 1996
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK HOLDING COMPANIES
San Francisco
Vallicorp Holdings, Inc., Fresno, California -- to
merge with Auburn Bancorp, Auburn, California.
Approved, August 19, 1996.
San Francisco
Western Acquisition Partners, L.P., Buffalo Grove,
Illinois, and Western Acquisitions L.L.C. -- to
acquire shares of Sunwest Bank, Tustin, California.
Approved, August 22, 1996.
BANK MERGERS
San Francisco
Valliwide Bank, Fresno, California -- to merge with
the Bank of Commerce, N.A., Auburn, California.
Approved, August 19, 1996.
Minneapolis
Yellowstone Bank, Laurel, Montana - - t o merge with
Yellowstone Bank, Absarokee; Yellowstone Bank,
Billings; and Yellowstone Bank, Columbus, Montana.
Approved, August 20, 1996.
BANKS, STATE MEMBER
Director, BS&R
Bank of Nashville, Nashville, Tennessee -registration as transfer agent.
Withdrawn, August 19, 1996.
CAPITAL STOCK
Dallas
Zapata Bancshares, Inc., Mercedes, Texas -redemption of shares.
Approved, August 23, 1996.
CHANGE IN BANK CONTROL
Dallas
Commercial Bancshares, Inc., Houston, Texas -- change
in bank control.
Returned, August 23, 1996.
San Francisco
Delta National Bancorp, Manteca, California -- change
in bank control.
Permitted, August 19, 1996.
H. 2
AUGUST 19, 1996
PAGE 7
Tp
AUGUST 23, 1996
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
CHANGE IN BANK CONTROL
Dallas
Franklin National Bankshares, Inc., Mount Vernon,
Texas -- change in bank control.
Returned, August 19, 1996.
Dallas
Mercedes Bancorp, Inc., Mercedes, Texas -- change in
bank control.
Permitted, August 23, 1996.
COMPETITIVE FACTORS REPORTS
Kansas City
Boatmen’s National Bank of Kansas, Kansas City,
Missouri, proposed merger with Bank IV Charter,
N.A., Wichita, Kansas -- report on competitive
factors.
Submitted, August 20, 1996.
Atlanta
Broxton State Bank, Broxton, Georgia, proposed merger
with Broxton Interim, Inc., Fitzgerald, Georgia -report on competitive factors.
Submitted, August 19, 1996.
San Francisco
Central Washington Bank, Wenatchee, Washington,
proposed merger with Interwest Savings Bank, Oak
Harbor, Washington -- report on competitive
factors.
Submitted, August 19, 1996.
Atlanta
Chemical Bank FSB, Palm Beach, Florida, proposed
merger with Chase Manhattan Private Bank (Florida),
National Association, Tampa, Florida -- report on
competitive factors.
Submitted, August 21, 1996.
Atlanta
Deposit Guaranty National Bank of Louisiana, Hammond,
Louisiana, proposed acquisition of Tuscaloosa
Commerce Bank, Denham Springs, Louisiana -- report
on competitive factors.
Submitted, August.20, 1996.
San Francisco
El Camino National Bank, Lompoc, California, proposed
merger with Bank of Santa Maria, Santa Maria,
California -- report on competitive factors.
Submitted, August 20, 1996.
H.2
AUGUST 19, 1996
PAGE 8
TO
AUGUST 23, 1996
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
COMPETITIVE FACTORS REPORTS
St. Louis
Enterprise Bank, Clayton, Missouri, proposed merger
with EHI Interim Bank -- report on competitive
factors.
Submitted, August 19, 1996.
Dallas
First State Bank of Lumberton, Lumberton, Texas,
proposed merger with First Bank and Trust, Groves,
Texas -- report on competitive factors.
Submitted, August 19, 1996.
Atlanta
Hinesville Bank, Hinesville, Georgia, proposed
acquisition of certain assets and assumption of the
liabilities of the Hinesville branch of First
Georgia Bank, FSB, Brunswick, Georgia -- report on
competitive factors.
Submitted, August 21, 1996.
St. Louis
Mercantile Bank of Jefferson County, High Ridge,
Missouri, proposed merger with Mercantile Bank of
Illinois, Alton, Illinois; and Mercantile Bank of
St. Louis National Association, St. Louis, Missouri
-- report on competitive factors.
Submitted, August 19, 1996.
Director, FRBO
Federal Reserve notes -- letter confirming request
for printing order for fiscal year ending
September 30, 1997.
Approved, August 19, 1996.
CURRENCY
EXTENSIONS OF TIME
Minneapolis
Community First Bankshares, Inc., Fargo, North Dakota
-- extension to November 18, 1996, to acquire
Financial Bancorp, Inc., Trinidad, Colorado.
Granted, August 20, 1996.
Chicago
Fidelity Company, Dyersville, Iowa -- extension to
November 24, 1996, to acquire Valley State Bank,
Guttenberg, Iowa.
Granted, August 23, 1996.
H. 2
AUGUST 19, 1996
PAGE 9
TO
AUGUST 23, 1996
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
EXTENSIONS OF TIME
Philadelphia
Fulton Financial Corporation, Lancaster, Pennsylvania
-- request for an extension of the divestiture
period for the impermissible activities in
connection with the acquisition of Central
Pennsylvania Financial Corp.
Granted, August 21, 1996.
Chicago
Harris Trust and Savings Bank, Chicago, Illinois -extension to March 11, 1997, to establish a branch
at 824 N. Western Avenue, Lake Forest, Illinois.
Granted, August 22, 1996.
Richmond
Macon Bancorp, Franklin, North Carolina -- extension
to November 28, 1996, to acquire Macon Savings
Bank, SSB.
Granted, August 23, 1996.
St. Louis
Farmers and Merchants Bank, Stuttgart, Arkansas -- to
become a member of the Federal Reserve System and
to retain its branches at their current locations.
Approved, August 23, 1996.
Chicago
Iowa State Bank, Calmar, Iowa - - t o become a member
of the Federal Reserve System.
Approved, August 19, 1996.
Chicago
Ossian State Bank, Ossian, Iowa -- to become a member
of the Federal Reserve System.
Approved, August 19, 1996.
MEMBERSHIP
REGULATIONS AND POLICIES
Secretary
FOMC
Federal Open Market Committee -- minutes of the
meeting on July 2-3, 1996.
Published, August 23, 1996.
H. 2
ADDITIONS AND CORRECTIONS
AUGUST 19, 1996
PAGE 10
TO
AUGUST 23, 1996
ACTIONS TAKEN BY THE BOARD OF GOVERNORS
INTERNATIONAL OPERATIONS
Comerica International Corporation, Detroit, Michigan
-- to make an investment in a new mutual fund in
the Cayman Islands.
Approved, August 16, 1996.
ADDITIONS AND CORRECTIONS
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
COMPETITIVE FACTORS REPORTS
Atlanta
Destin Bank, Destin, Florida, proposed merger with
Destin Successor Bank -- report on competitive
factors.
Submitted, August 16, 1996.
Cleveland
First Colony Bancshares, Inc., Cambridge, Ohio,
proposed acquisition of the Guaranty Bank, FSB -report on competitive factors.
Submitted, August 16, 1996.
Atlanta
Greene County Bank, Greenville, Tennessee, proposed
merger with American Fidelity Bank, Alcoa,
Tennessee -- report on competitive factors.
Submitted, August 16, 1996.
EXTENSIONS OF TIME
Chicago
Omni Bank, River Rouge, Michigan -- extension to
August 11, 1997, to establish branches at 14555
East Jefferson Avenue, Detroit, Michigan, and 1431
Washington Boulevard.
Granted, August 16, 1996.
H.2
AUGUST 19, 1996
PAGE 11
ADDITIONS AND CORRECTIONS
TO
AUGUST 23, 1996
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
REGULATIONS AND POLICIES
Secretary
Interagency Policy Statement Regarding Delayed
Availability of Funds -- notice of withdrawal.
Approved, August 12, 1996.
FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Application
Comment Period Ending Date
NONE
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Application
Comment Period Ending Date
NONE
SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Application
Comment Period Ending Date
NONE
SECTION IV - APPLICATIONS NOT SUBJECT TO
FEDERAL REGISTER OR NEWSPAPER NOTICE
Application
NONE
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Institution
Examination Date
Rating**
NONE
*Subject to CRA.
**Rating Definitions:
"O" - Outstanding; "S" - Satisfactory;
Improve; "SN" - Substantial Noncompliance.
"N" - Needs to
FEDERAL RESERVE BA N K OF NEW YORK
Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
_____ Notice Only______
None.
SECTION IT
Applications Subject to Both
Newspaper and Federal Register Notice
None
SECTION III
Nonbanking Applications
(subject to Federal Register Notice Only I
None.
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 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 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 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 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.
Week Ending August 24.1996
NAME OF BANK
RATING
EXAMINATION PATE
The Bank of New York
One Wall Street
New York, New York 10015
Satisfactory
January 16, 1996
1/ Subject to provisions of Community Reinvestment Act.
21 Later o f dates specified in newspaper and Federal Register notices.
3/ Date specified in newspaper notice; a later date may be specified in
the Federal Register notice.
4/ Date specified in Federal Register notice; a later date may be
specified in the newspaper notice.
N/A - Not Available
FEDERAL RESERVE BANK OF PHILADELPHIA
SECTION I - APPLICATIONS RECEIVED AND SUBJECT TO NEWSPAPER
NOTICE ONLY
Twin Rivers Community Bank. Easton, PA to establish a branch office at 2850 Easton Avenue,
Bethlehem, PA, pursuant to Section 9 of the Federal Reserve Act.
Newspaper comment period expires:
9/11/96
SECTION II - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEWSPAPER
AND FEDERAL REGISTER NOTICE
NONE
SECTION i n - APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL
REGISTER NOTICE ONLY
Fulton Financial Coporation. Lancaster, PA to engage in community development activities pursuant
to Section 225.25(b)(6) o f Regulation Y.
Federal Register comment period expires:
N/Avail
Sun Bancorp. Inc.. Selinsgrove, PA to engage in community development activities pursuant to
Section 225.25(b)(6) of Regulation Y.
Federal Register comment period expires:
N/Avail
SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL
REGISTER NOTICE OR NEWSPAPER
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 23, 1996.
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 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.
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 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
Bryn Mawr Trust Co
801 Lancaster Avenue
Bryn Mawr, PA 19010
3/18/96
Satisfactory
APPLICATIONS BULLETIN
(For the week ending August 24, 1996)
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
NONE
SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL
REGISTER NOTICE
Received Section 3(a)(5) application from First Financial
Bancorp, Hamilton, Ohio, on August 22, 1996, to acquire
Farmers State Bancorp, Liberty, Indiana.
*N: September 14, 1996
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
Received Section 4(c)(8) notice from National City Corporation,
Cleveland, Ohio, on August 16, 1996, o f its intent to acquire
51.000 percent of the voting shares o f M uirfield Mortgage
Limited Partnership.
Not Yet Known #
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 o f Receipt
A V A ILA B IL IT Y OF CRA PUBLIC EVALUATIONS
(August 23, 1996)
The following state member banks have been examined by the Federal Reserve Bank of
Cleveland for compliance with The Community Reinvestment Act. A public evaluation
document became available from the bank(s) listed below during the week ended August 23,
1996. If you are interested in obtaining a copy o f 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 of ascertaining and
helping to meet the credit needs o f its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
NEEDS TO IM PROVE: a bank 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 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.
WesBanco Bank, Bamesville
P. O. Box 70
Bamesville, OH 43713
Rating: Outstanding
Exam Date: 4-28-96
Disclosure Date: 8-16-96
The Cortland Savings and Banking Company
P. O. Box 98
Cortland, OH 44410
Rating: Outstanding
Exam Date: 3-18-96
Disclosure Date: 8-19-96
F e d e ra l Reserve Bank o f Richmond
Section I - Applications Subject to Newspaper
Notice Only
Application
Comment Period Ending Date
Patapsco Valley Bancshares, Inc., Ellicott
City, Maryland, to become a bank holding
company through the acquisition of 100%
of the voting shares of Commercial and
Farmers Bank, Ellicott City, Maryland.*
9-7-96
Central Virginia Bank, Powhatan, Virginia,
to establish a branch in Cumberland County
on the north side of U. S. Route 60 at the
easternmost end of the village of Cumberland,
Virginia.*
9-12-96
Crestar Bank MD, Bethesda, Maryland, to merge
with Crestar Bank FSB, Baltimore, Maryland.*
9-19-96
Crestar Bank DC, Vienna, Virginia (proposed
successor to Crestar Bank, NA, Washington,
D. C.), to merge with Crestar Bank, Richmond,
Virginia, and Crestar Bank MD, Bethesda,
Maryland.*
9-19-96
Signet Bank, Richmond, Virginia, to establish
a branch at 2500 Pennsylvania Avenue, Baltimore,
Maryland.*
9-19-96
Central Virginia Bank, Powhatan, Virginia,
to establish a branch at its Corporate Center
located at 2036 New Dorset Road, Powhatan,
Virginia.*
9-23-96
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
First Union Corporation, Charlotte, North
Carolina, to acquire Home Financial Corporation,
Hollywood, Florida, and its subsidiary, Home
Savings Bank, FSB, Hollywood, Florida.*
^Application is subject to CRA requirements
Comment Period Ending Date
9-16-96
Federal Reserve Bank of Richmond
Section III - Applications Subject to Federal Register Notice
Application
Comment Period Ending Date
None.
Section IV - Application Not Subject to
Federal Register Notice or Newspaper Notice
Application
None.
Federal Reserve Bank of Richmond
Section V - Availability of CRA Public Evaluations
Week ending August 23, 1996
Definition of Ratings
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner con
sistent 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
Bank of Ferrum
Main Street
Ferrum, Virginia
24088
The Peoples Bank of Mullens
200 1st Street
Mullens, West Virginia 25882
Rating
6-3-96
Satisfactory
6-10-96
Satisfactory
Federal Reserve Bank. □£ Atlanta
applirahinns Bulletin for Week. Ending AugfUflt 23. 1996
Section l - Applications Subiect to. Newspaper Notice Only
Application
Comment Period Ending Dahe
TransAtlantic Bank
Miami, Florida
09-07-96*
T o establish a branch located at 12700 Biscayne Boulevard, North Miami, Florida,
to be known as the North Miami Branch.
TransAtlantic Bank
Miami, Florida
09-07-96*
To establish a branch located at 1325 West 49 Street, Hialeah, Florida,
to be
known as the Hialeah Branch.
Section 2 - Applications Subject to Both
Wawnpapar and Federal Register Notice
Application
Comment Period Ending Date
Eb^irhairdfc, Inc.
Not; yet available*
Elberton. Georgia
After-the-fact application, along with its second tier bank holding company
subsidiary, JAM Family Partnership II, Elbert on, Georgia, to retain an additional
2.07 percent of pinnacle Financial Corporation, Elberton, Georgia, and prior
notice to acquire an additional 1.37 percent ownership, pursuant to Section
3(a)(9) of the Bank Holding Company Act,
Total ownership will equal 25.54
percent.
McConnell £. Co.
Not yet available*
Elberton, Georgia
Along with its second tier bank holding company subsidiary, JAM Family
Partnership I, Elberton, Georgia, to acquire an additional 3.97 percent of
Pinnacle Financial Corporation, Elberton, Georgia, pursuant to section 3(a)(3)
of the Bank Holding Company A a t ,
Total ownership will equal 25.77 percent.
Robertson Holding Company, L.P.
Speedwell, Tennessee
09-20-96*
Federal Register
l-BHC formation, Commercial B&ncGroup, Inc,, Harrogate, Tennessee, and thereby
indirectly acquire Commercial Bank, Harrogate, Tennessee.
section 3 - Applications Subject to Federal Register Only
application
Comment- Period Ending Date
Rone.
♦Subject to provisions of the Community Reinvestment Act.
Bpfl^rvP R a n k rtf aclant-a
Applications Bulletin for Week Ending August 23. 1996
Sooteian 4 - Appllcationa Ke.t-f Subject to
Federal Register Notice or Newspaper Hatlce
A p p lic a tio n
Wilson Bank Holding Company
Lebanon, Tennessee
Commitment waiver request.
Federal Reserve Bank of Atlanta
Applications Bulletin for Week findlno August 23
1996
Federal Reserve B ank of A t l a n t a
Ap p H eat Iona Biillat-.in for Week Ending..August. 23. 1996
section 10 - Availability of CRA public Evaluations
The CRA public evaluations of the insured depository institutions listed below
became available during this week.
information about an institution's CPA
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 or, and is a leader in, ascertaining and helping co 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;
A n 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 it^pi-cvs record Of meeting community credit needs: 'An institution needs
to imp rove 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 n o n p m p U a n m . In m a t i n g commun ity credit needs: An institution has
a substantially deficient record of ascertaining and helping to moot tho crodit
needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Wramlnatlrm
Bank
CRA,..Bating
First Western Bank
5854 South Flamingo Road
Satisfactory
1 2 - 04-95
Outstanding
04-29-96
Date
Cooper City, Florida 33330
(954)434-7600
First Community Bank
Post Office Box 74027A
Orange City, Florida 32774
(904)775-3115
Fswteral R ftsarva Bank of Atlanta
Applications Bulletin f o r Week Ending Aucruat 23. 1996
Papenfclv Approved Applications
Approval Date
Alabama National BanCorporation
08-21-96
Birmingham, Alabama
To merge with FiRQTBANC Holding Company, Inc., Robertsdale, Alabama, and thereby
directly acquire itq subsidiary, First Bank of Baldwin County, Robertsdale,
Alabama, pursuant to Section 3(a) (5) of the Bank Holding Company Act.
South Alabama Bancorporation,
Mobi1«, Alabama
Inc.
08-22-96
To merge with First Monco Bancshares, Ine., Monroeville, Alabama, and thereby
directly acquire The Monroe County Bank, Monroeville, Alabama, pursuant to
Section 3 (a)(5) of the Bank Holding Company Act.
ONB Financial Services, Inc.
08-22-96
Ocala, Florida
1-BHC formation, Ocala National Bank, Ocala, Florida.
AmSouth Bank of Tampa
08-21-96
Tampa, Florida
To establish a branch located at 3522 Bell Shoals Road, Valrico, Florida.
Barnett Bank of Southwest Georgia
Columbus, Georgia
08-19-96
To establish a branch located at 4030 Victory Drive, Columbus, Georgia, to be
known as Ranger Joe's Remote Drive-Up.
First Alliance Bancorp, Inc.
08-22-96
Marietta, Georgia (Applicant)
To acquire Premier Lending Corporation, Atlanta, Georgia, and thereby engage in
making, acquiring, or servicing loans or other extensions Of credit, pursuant to
Section 4(c)(8) of the Bank Holding company Act and Section 225.25(b)(1) of
Regulation Y.
Premier bending Corporation is a subsidiary of Premier Bancshares,
Inc., Atlanta, Georgia (Bancshares), a thrift holding company, and Applicant has
filed a companion application to acquire Bancshares and its thrift subsidiary.
Premier Bank, Atlanta, Georgia.
FirBt Alliance Bancorp, Inc.
08-22-96
Marietta, Georgia
To acquire Premier Bancshares, Inc., Atlanta, Georgia (a thrift holding company),
end its subsidiary, Premier Bank, FSB, Atlanta, Georgia, and thereby engage in
Operating a savings* acoociation, pursuant to Section 225.25(b) (9) of Regulation
Y.
Federal Reserve Bank of Chicago •
Section I - Applications Subject to Newspaper
Notice Only
Comment Period
Ending Date
Type
Application
Branch
Harris Trust and Savings Bank
Chicago, Illinois
Cicero and 29th Street
Cicero, Illinois
NP - 8-25-96
Branch
1st Source Bank
South Bend, Indiana
1409 East Market Street
Nappanee, Indiana
NP - 8-24-96
Branch
NAB Bank
Chicago, Illinois
250 West Cermak Road
Chicago, Illinois
NP -9-12-96
EFT
Bankers Trust Company
Des Moines, Iowa
Des Moines General Hospital
603 E. 12th Street
Des Moines, Iowa
NP - 8-26-96
NP - Newspaper
FR - Federal Register
* - Subject to Provisions of Community Reinvestment Act
** - Not available at this time
Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only Cont’d
Type
Application
Merger/B ranch
Mercantile Bank of Polk County
Des Moines, Iowa
Mercantile Bank of The Bluffs
Council Bluff, Iowa
Mercantile Bank of Boone
Boone, Iowa
Mercantile Bank of Centerville
Centerville, Iowa
Mercantile Bank of Chariton
Chariton, Iowa
Mercantile Bank of Clay County
Spencer, Iowa
Mercantile Bank of Humboldt Couaty
Humboldt, Iowa
Mercantile Bank of Jasper County
Newton, Iowa
Mercantile Bank of Lyon County
Rock Rapids, Iowa
Mercantile Bank of Marshalltown
Marshalltown, Iowa
Mercantile Bank of Mount Ayr
Mount Ayr
Mercantile Bank of Onawa
Onawa, Iowa
Mercantile Bank of Osceola County
Sibley, Iowa
Mercantile Bank of Pella
Pella, Iowa, and to establish 36 branches
Comment Period
Ending Date
NP - 8-26-96
Federal Reserve Bank of Chicago *
Section II - Applications Subject to Both Newspaper and Federal
Register Notice
Comment Period
Ending Date
ly e e
Application
3(a)(1)
TDI Financial Corporation*
Chicago, Illinois
Security Chicago Corporation
Chicago, Illinois
First Security Bank of Chicago
Chicago, Illinois
FR - 8-29-96
NP - 8-29-96
3(a)(1)
Lewis Management Company*
Morris, Illinois
Illinois Valley Bancorp, Inc.
Morris, Illinois
Grundy County National Bank
Morris, Illinois
FR - 8-29-96
NP - 8-26-96
3(a)(1)
FirstValue Corp*
Appleton, Wisconsin
Tigerton Bancorporation, Inc.
Tigerton, Wisconsin
First National Bank in Tigerton
Tigerton, Wisconsin
FR - 8-19-96
NP - 9-1-96
3(a)(1)
Lakes Region Bancorp, Inc.*
Bannockburn, Illinois
Anchor Bank
Third Lake, Illinois
FR - 8-22-96
NP - 8-24-96
3(a)(3)
American Bancshares, Inc.*
Holstein, Iowa
Farmers State Bank
Charter Oak, Iowa
FR - 9-16-96
NP - **
3(a)(3)
Ida Grove Bancshares, Inc.*
Ida Grove, Iowa
Farmers State Bank
Charter Oak, Iowa
FR - 9-16-96
NP - **
3(a)(3)
Stichting Administratiekantoor ABN AMRO Holding*
Amsterdam, The Netherlands
CNBC Bancorp, Inc.
Chicago, Illinois
Columbia National Bank of Chicago
Chicago, Illinois
FR - 9-13-96
NP - **
Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice cont’d
Comment Period
Ending Date
Type
Application
3(a)(3)
Stichting Prioritiet ABN AMRO Holding*
Amsterdam, The Netherlands
CNBC Bancorp, Inc.
Chicago, Illinois
Columbia National Bank of Chicago
Chicago, Illinois
FR - 9-13-96
NP - **
3(a)(3)
ABN AMRO Bank N.V.*
Amsterdam, The Netherlands
CNBC Bancorp, Inc.
Chicago, Illinois
Columbia National Bank of Chicago
Chicago, Illinois
FR - 9-13-96
NP - **
3(a)(3)
ABN AMRO Holding, N.V.*
Amsterdam, The Netherlands
CNBC Bancorp, Inc.
Chicago, Illinois
Columbia National Bank of Chicago
Chicago, Illinois
FR - 9-13-96
_ **
3(a)(3)
ABN AMRO North America, Inc.*
Chicago, Illinois
CNBC Bancorp, Inc.
Chicago, Illinois
Columbia National Bank of Chicago
Chicago, Illinois
FR - 9-13-96
NP - **
3(a)(1)
Kerkhoff L.P.*
Red Oak, Iowa
Southwest Financial Group of Iowa, Inc.
Red Oak, Iowa
Houghton State Bank
Red Oak, Iowa
FR - 9-16-96
NP - **
3(a)(3)
First American Bank Corporation*
Elk Grove Village, Illinois
Oak Park River Forest Bankshares, Inc.
Oak Park, Illinois
Community Bank of Oak Park River Forest
Oak Park, Illinois (in organization)
FR - 9-13-96
NP - 9-15-96
Federal Reserve Bank of Chicago
*
Section II - Applications Subject to Both Newspaper and Federal
Register Notice Cont’d
Im
.
3(a)1)
Application
Schofield Bancorporation, Inc.*
La Crosse, Wisconsin
Intercity State Bank
Schofield, Wisconsin
Comment Period
Ending Date
FR - 9-20-96
jsjp . **
Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only cont’d
Comment Period
Ending Date
Type
Application
4(c)(8)
Decatur Financial, Inc.
Decatur, Indiana
to purchase stock in Independent Bankers Life
Insurance Company of Indiana, Phoenix, Arizona
and thereby engage in reinsuring credit life, accident
and health insurance
FR - 8-27-86
4(c)(8)
Bancsecurity Corporation
Marshalltown, Iowa
Marshalltown Financial Corporation
Marshalltown, Iowa
Marshalltown Savings Bank, FSB
Marshalltown, Iowa
FR - 8-28-96
NP - 9-6-96
4(c)(8)
Stichting Administratiekantoor ABN AMRO Holding
Amsterdam, The Netherlands
Columbia Financial Services, Inc.
Chicago, Illinois
CNBC Development Corporation
Chicago, Illinois
CNBC Investment Corporation
Chicago, Illinois
CNBC Leasing Corporation
Chicago, Illinois
Sky Finance Company
Chicago, Illinois
Sky Mortgage Company
Chicago, Illinois
FR - 9-13-96
4(c)(8)
Stichting Prioritiet ABN AMRO Holding
Amsterdam, The Netherlands
Columbia Financial Services, Inc.
Chicago, Illinois
CNBC Development Corporation
Chicago, Illinois
CNBC Investment Corporation
Chicago, Illinois
CNBC Leasing Corporation
Chicago, Illinois
Sky Finance Company
Chicago, Illinois
Sky Mortgage Company
Chicago, Illinois
FR - 9-13-96
Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only cont’d
Comment Period
Ending Date
lYEe
Application
4(c)(8)
ABN AMRO Bank N.V.
Amsterdam, The Netherlands
Columbia Financial Services, Inc.
Chicago, Illinois
CNBC Development Corporation
Chicago, Illinois
CNBC Investment Corporation
Chicago, Illinois
CNBC Leasing Corporation
Chicago, Illinois
Sky Finance Company
Chicago, Illinois
Sky Mortgage Company
Chicago, Illinois
FR - 9-13-96
4(c)(8)
ABN AMRO Holding, N.V.
Amsterdam, The Netherlands
Columbia Financial Services, Inc.
Chicago, Illinois
CNBC Development Corporation
Chicago, Illinois
CNBC Investment Corporation
Chicago, Illinois
CNBC Leasing Corporation
Chicago, Illinois
Sky Finance Company
Chicago, Illinois
Sky Mortgage Company
Chicago, Illinois
FR - 9-13-96
Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only cont’d
Comment Period
Ending Date
Type
Application
4(c)(8)
ABN AMRO North America, Inc.
Chicago, Illinois
Columbia Financial Services, Inc.
Chicago, Illinois
CNBC Development Corporation
Chicago, Illinois
CNBC Investment Corporation
Chicago, Illinois
CNBC Leasing Corporation
Chicago, Illinois
Sky Finance Company
Chicago, Illinois
Sky Mortgage Company
Chicago, Illinois
FR - 9-13-96
4(c)(8)
Oak Bancorporation
Oakland, Iowa
to purchase certain loans from Oakland State Bank
and Security State Bank, and thereby make and service loans
FR - **
Federal Reserve Bank of Chicago *
Section IV - Applications Not Subject to Federal Register or Newspaper Notice
Type
None
Application
Federal Reserve Bank of Chicago
Section V - Availability of CRA Public Evaluations
The following state member banks have been examined by the Federal Reserve Bank of Chicago for
compliance with the CRA. The 30-business day period the bank has to make the evaluation public has
lapsed during the week ending August 23, 1996. 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 has a 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 substantial noncompliance 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 capabilies.
BANK NAME/LOCATION
M&I Mid-State Bank
1245 Main Street
Stevens Point, Wisconsin
(715) 344-5100
RATING
54481-0008
Security Bank
11 North 1st Avenue
Marshalltown, Iowa 50158-4902
(515) 754-5500
EXAMINATION DATE
4/15/96
4/29/96
S
O
Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING August 23, 1996
SECTION I - APPLICATIONS SUBJECT TO NEW SPAPER NOTICE
A pplication
End of Comment Period
None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
A pplication
End of Comment Period
None.
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application
End of Comment Period
None.
SECTIO N IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER N O TIC E
OR NEWSPAPER NOTICE
A pplication
None.
End of Comment Period
FEDERAL RESERVE BANK O F ST. LOUIS
St. Louis, Missouri
AYAILABILITY QFCRAJ UBLIC P ISCLQSURES
Id e n tific a tion of Ra tings:
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 mee
the credit needs o f its entire delineated community, including low- and moderate-income neighborhoods, in <
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 it
entire delineated community, including low- and moderate- income neighborhoods, in a manner consistent witt
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 credi
needs o f its entire delineated community, including low- and moderate-income neighborhoods, in a manne>
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 credi
needs o f its entire delineated community, including low- and moderate-income neighborhoods, in a manne>
consistent with its resources and capabilities.
FOR THE WEEK ENDING August 23, 1996
Name of Bank
Southern Commercial Bank
Bank Address
5515 South Grand
St. Louis, MO 63111-1899
Examination
Date
Examination
Rating
5/6/96
Outstanding*
* Revised - incorrectly reported as “Satisfactory” for week endina Auaust 16, 1996.
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
Comment Period
Ending Date
Application
Taylor Bancshares, Inc., North Mankato, Minnesota, for prior
approval to increase its ownership to 16.0% of the voting shares
of the First National Bank of Fairfax, Fairfax, Minnesota. *
Not yet available
Retroactive notification by Raye Plahn Trust, Shell Lake,
Wisconsin, to acquire control of 10.52% of the voting shares
of Shell Lake Bancorp, Inc., Shell Lake, Wisconsin.
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 Notice
Application
NONE.
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending August 23,1996
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository institution’s CRA performance, a rating
is assigned from the following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of, and is a leader in, ascertaining and
helping to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall record of ascertaining and helping to
meet the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient record of ascertaining and helping to
meet the credit needs of its entire delineated community, including low-and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
BANK ('S’) EXAMINED
DATE OF EXAMINATION
CRA RATING
First Security Bank of Havre
435 Third Street
P.O. Box 2090
Havre, MT 59501-2090
(406) 265-1241
April 8, 1996
Satisfactory
Valley Bank of Ronan
P.O. Box 129
Ronan, MT 59864-0129
(406) 676-2002
May 13, 1996
Outstanding
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending August 23, 1996
(Continued)
BANKfSl EXAMINED
DATE OF EXAMINATION
CRA RATING
First Citizens Bank of Butte
P.O. Box 3149
Butte, MT 59702-3149
(406) 494-4400
May 13, 1996
Outstanding
Federal Reserve Bank of Kansas C ity
SE C T IO N I - APPLICATIONS SUBJECT TO NEWSPAPER N O TIC E ONLY
APPLICATION
COMMENT PERIOD ENDING T)ATF.
None.
SECTIO N
n - APPLICATIONS SUBJECT T O BO TH
jJREGISTER JSQTICE
APPLICATION
COMMENT PERIOD ENDING DATF,
None.
SECTIO N
m - APPLICATIONS SUBJECT TO FEDERAL R E G ISTER N O TIC E ONI.V
APPLICATION
COMMENT PERIOD ENDING PATH
None.
SECTIO N IV - APPLICATIONS NOT SUBJECT TO FEDERAL R E G IST E R NOTICE
OR NEWSPAPER NOTICE
APPLICATION
Cook Investment, Inc., Beatrice, Nebraska, for prior
approval to redeem 6,838 shares of its common stock.
SECTIO N V - AVAILABILITY OF CRA PUBLIC E VALUATIONS
Identification of Ratings
In connection with the assessment of each insured depository institution's CRA performance, a
rating is assigned from the following groups;
O utstanding record of m eeting community credit needs
An institution in this group has an outstanding 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.
Federal Reserve Bank of Kansas C ity
Satisfactory reco rd of meeting community credit needs
An institution in this group has a satisfactory record of ascertaining and helping to m eet
the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Needs to im prove record of meeting community credit needs
A n institution in this group needs to improve its overall record of ascertaining and helping
to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs
An institution in this group has a substantially deficient record of ascertaining and helping
to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities.
Bank/Location
Exam Date
CRA Public
Date
First State Bank
P.O. Box 39
Wheatland, Wyoming 82201-0039
05/20/96
08/19/96
♦Application is subject to CRA.
CRA
Rating
Outstanding
FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF AUGUST 19, 1996
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
NOTICE EXP
APPLICATION
♦ Section 9 application by
Texas State Bank, McAllen, TX, to establish a branch
at 5022 South McColl Rd., Edinburg, TX 78539
96/09/17
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
** NOTICE EXP
Change in Control Notice by
Jack Brandenburger, William H. E llis , Frank R.
Scheer, Flower Mound, TX, Charles R. Fellers, Argyle,
TX, Johnny Glyn Gilliam, Graham, TX, and David D.
Hickerson, Copper Canyon, TX, to acquire an interest
in F irst Bryson Bancorporation, Inc., Bryson, TX
N/A
♦ Section 3(a)(3) application by
Laredo National Bancshares of Delaware, Inc.,
Wilmington, DE, to acquire Mercantile Financial
Enterprises, In c., Wilmington, DE, and Mercantile
Bank, N.A., Brownsville, TX
96/09/12
♦ Section 3 (a )(1) application by
Saint Jo Bancshares, Inc., Saint Jo, Texas, to acquire
F irst Financial Company of Saint Jo, Dover, DE, and
The F irst National Bank of Saint Jo, Saint Jo, TX
N/A
♦Section 3(a)(1) application by
First Financial Company of Saint Jo, Dover, DE,
to acquire The First National Bank of Saint Jo,
Saint Jo , TX
Change in Control Notice by
Lee Dietrich Mueller, J r . , La Grange, TX, to acquire an
interest in Premier Bancshares, Inc., La Grange, TX
(Previously reported during the week of 8-5-96)
N/A
96/08/30
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
NOTICE ONLY
APPLICATION
NOTICE EXP
None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None.*
* SUBJECT TO CRA.
** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY.
N/A - NOT AVAILABLE AT THIS TIME.
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF AUGUST 19. 1996
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record o f, 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
cap ab ilities.
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 c a p ab ilities.
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 it s entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and c a p ab ilities.
Bank
Date of
Examination
CRA Rating
Cleburne State Bank
200 N. Ridgeway
P. 0. Box 599
Cleburne, TX 76031
05/14/96
Outstanding
United Central Bank
4555 W. Walnut
P. 0. Box 462267
Garland, TX 75046
05/06/96
Satisfactory
FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 8/23/96
Section I - Applications Sub.iect to Newspaper Notice Only
Add! ication
Comment Period Ending Date
U.S. Bank of Idaho, Boise, Idaho, to
establish branch offices at the Albertson’ s
stores located at 715 12th Avenue South,
Nampa; 250 S. Eagle Road, Eagle; and
3301 W. Cherry Lane, Meridian, Idaho. *
Newspaper:
9/11/96
Section II - Applications Sub.iect to Both
Newspaper and Federal Register Notice
Mid-Peninsula Bancorp, Palo Alto, California, to
merge with Cupertino National Bancorp, Cupertino,
California. *
Newspaper:
9/21/96
Fed. Reg.:
9/23/96
Section III -Applications Subject to Federal Register Only
Centennial Holdings, Ltd., Olympia, Washington, to
engage in the activity of arranging commercial real
estate equity financing through Totten, Inc.,
Olympia, Washington.
Fed. Reg.:
9/10/96
Section IV - Applications Not Sub.iect to Federal Register Notice
or Newspaper Notice
Community Bank of Nevada, Las Vegas, Nevada, to increase its investment up to an
additional $20,000 in bank premises.
* Subject to CRA.
FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 8/23/96
Section V - A vailability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during this
week. Information about a particular institution’ s CRA evaluation may be obtained
directly from the institution.
Institution
Liberty Bank
Bank of Ephraim
Location
Examination Date
500 Linden Avenue
4/22/96
P.0. Box 431
South San Francisco, CA 94083-0431
(415) 871-2400
2 N. Main Street
P.0. Box 705
Ephraim, UT 84627-0705
(801) 283-4621
4/29/96
Rating*
Needs to Improve
Satisfactory
*Under the rating system an institution’ s CRA performance is assigned one of the
following four ratings:
Outstanding record of meeting community credit needs:
An institution has an
outstanding record of, and is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and cap ab ilities.
Satisfactory record of meeting community credit needs:
An institution has a
satisfactory record of ascertaining and meeting the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Needs to Improve record of meeting community credit needs: An institution needs to
improve its overall record of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- to moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Substantial Noncompliance in meeting community credit needs: An institution has a
substantially deficient record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- to moderate-income neighborhoods, in
a manner consistent with its resources and capabilities.
The above listin g has been prepared as a courtesy by the Federal Reserve Bank of San
Francisco, and is not intended to replace formal notices required by statute or
regulation; the Reserve Bank assumes no responsibility for errors or omissions.
@FedFRASER