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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1996, No. 31
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending August 3, 1996

ACTIONS TAKEN 3Y THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
Banco Santander, S.A., Madrid, Spain -- to acquire
Banco Central Hispano Puerto Rico, Hato Rey, Puerto
Rico .
Approved, July 31, 1996.
Hibernia Corporation, New Orleans, Louisiana -- to
acquire St. Bernard Bank & Trust Company, Arabi,
Louisiana.
Approved, July 31, 1996.
Hibernia Corporation, New Orleans, Louisiana -- to
merge with CM Bank Holding Company, Lake Charles,
Louisiana, and acquire Calcasieu Marine National
Bank of Lake Charles.
Approved, July 31, 1996.
BANKS. FOREIGN
CBG Compagnie Bancaire de Geneve, Geneva, Switzerland
-- to establish a representative office in Miami,
Florida.
Approved, July 29, 1996.
BANKS. STATE MEMBER
Du Quoin State Bank', D u Quoin, Illinois - - t o make a
.
public welfare investment in Kaskaskia Community
Development Corporation, Pinckneyville, Illinois.
Approved, July 29, 1996'.
ENFORCEMENT
Peoples Bancshares, Inc., Colorado Springs,
Colorado -- combined order of prohibition and order
of assessment of a civil money penalty against
Scott A. Noyes, a former vice president and
secretary/treasurer.
Announced, July 29, 1996.
FORMS




Notice of Change in Bank Control (FR 2081) extension with revision.
Proposed, August 1, 1996.

H.2
JULY 29, 1996
PAGE 2

TO

AUGUST 2 , 1996

ACTIONS TAKEN BY THE STAFF ANO THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA * Consumer and
Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve
Bank Operations; IF - International Finance; OSDM - Office of Staff Director
for Management
BANK BRANCHES. DOMESTIC
Kansas City

BancFirst, Oklahoma City, Oklahoma -- to establish an
ATM and night deposit drop box in the Weatherford
Shopping Center, 310 North Washington, Suite 1345,
Weatherford, Oklahoma.
Approved, August 2, 1996.

Chicago

Comerica Bank, Detroit, Michigan -- to establish a
branch at 31145 Harper, St. Clair Shores, Michigan.
Approved, August 2, 1996.

Chicago

Harris Trust and Savings Bank, Chicago, Illinois -to establish an offsite electronic facility at CNA
Plaza, 55 East Jackson Blvd.
Approved, August 1, 1996.

Chicago

M&I First American Bank, Wausau, Wisconsin -- to
establish a branch at 220 South 18th Avenue.
Approved, August 1, 1996.

Atlanta

United American Bank of Central Florida, Orlando,
Florida - - t o establish a branch at 2488 Semoran
Boulevard, Apopka, Florida.
Approved, August 2, 1996.

BANK HOLDING COMPANIES




New York

Arrow Financial Corporation, Glens Falls, New York,
and Arrow Vermont Corporation, Rutland, Vermont to engage de novo in trust company activities
through VNB Trust Company.
Permitted, July 31, 1996.

GC

Bank of Boston Corporation, Boston, Massachusetts
request for reconsideration of Boardvs approval of
the applications to acquire BayBanks, Inc.
Denied, July 30, 1996.

Dallas

Big Bend Bancshares Corporation, Presidio, Texas
to acquire shares of Marfa National Bank, Marfa,
Texas.
Approved, July 30, 1996.

H.2
JULY 29, 1996
PAGE 3

TO

AUGUST 2, 1996

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE. BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Boston

Cambridge Bancorp, Inc., Cambridge, Massachusetts -to engage de novo in investment advisory activities
through Cambridge Investment Services of NH, Inc.
Permitted, July 29, 1996.

San Francisco

Capital Corp of the West, Merced, California -- to
expand the geographic scope of Capital West Group,
Inc., and to engage de novo in providing management
consulting advice.
Withdrawn, July 29, 1996.

St. Louis

Century Bancshares, Inc., Gainesville, Missouri -- to
engage de novo in discount brokerage securities
activities.
Permitted, July 30, 1996.

Director, BS&R

Community Bankshares Incorporated, Petersburg,
Virginia -- registration statement.
Approved, July 31, 1996.

Dallas

East Texas Bancorp, Inc., Longview, Texas -- to
acquire East Texas Delaware Financial Corp, Dover
Delaware.
Approved, July 30, 1996.

Dallas

East Texas Delaware Financial Corporation, Dover,
Delaware -- to acquire Community Bank, Longview,
Texas.
Approved, July 30, 1$96.

San Francisco

Eggemeyer Corp., Chicago, Illinois -- to engage in
providing investment or financial advice through
Belle Plaine Financial, L.L.C.
Withdrawn, July 29, 1996.

St. Louis

First Commercial Corporation, Little Rock, Arkansas - to acquire City National Bank, Whitehouse, Texas.
Approved, July 29, 1996.

H.2
JULY 29, 1996
PAGE 4

TO

AUGUST 2, 1996

ACTIONS TAKEN BY THE STAFF AND THE FEOERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Chicago

Fortress Bancshares, Inc., Cresco, Iowa -- to acquire
Fortress Bank of Cresco; Fortress Holdings, Inc.,
Hartland, Wisconsin; Houston Security Bank,
Houston, Minnesota; and Westby-Coon Valley State
Bank, Westby, Wisconsin.
Approved, July 30, 1996.

Dallas

Freeman Bancstock Investments, Dallas, Texas -- to
merge with UB&T Financial Corporation.
Approved, August 2, 1996.

New York

Greater Community Bancorp, Totowa, New Jersey -- to
engage de novo in full service securities brokerage
activities and dealing in bank-eligible securities
through Greater Community Financial, L.L.C.
Permitted, August 2, 1996.

Minneapolis

Independent Bancshares, Inc., Clarkfield, Minnesota - to acquire Granite Holding Corporation, Granite
Falls, Minnesota.
Approved, July 30, 1996.

Dallas

Inwood Bancshares, Inc., Dallas, Texas -- to merge
with UB&T Financial Corporation.
Approved, August 2, 1996.

Kansas City

Kingsbury BDC Financial Services, Inc., Ponca,
Nebraska - - t o acquire Bank of Dixon County and
American State Bank, Newcastle, Nebraska.
Approved, July 30, 1996.

Minneapolis

Mesaba Bancshares, Inc., Biwabik, Minnesota -- to
acquire shares of the River Bancorp, Inc., Ramsey,
Minnesota.
Approved, July 31, 1996.

Cleveland

Mid Am, Inc., Bowling Green, Ohio -- to acquire Gulf
Coast Collection Bureau, Sarasota, Florida.
Approved, July 31, 1996.

St. Louis

National City Bancshares, Inc., Evansville, Indiana - to acquire First National Bank of Wayne City,
Wayne City, Illinois.
Approved, August 2, 1996.

H.2
JULY 29, 1996
PAGE 5

TO

AUGUST 2, 1996

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Atlanta

NBN Corp., Newport, Tennessee --notification of
intent to establish Smoky Mountain Financial
Services, Inc., Jefferson City, Tennessee, and
engage de novo in consumer finance activities.
Permitted, July 31, 1996.

Dallas

Ouachita Bancshares Corp, Monroe, Louisiana - - t o
acquire Ouachita Independent Bank.
Approved, August 2, 1996.

Director, BS&R

Premier Financial Services, Inc., Freeport, Illinois,
and Premier Acquisition Company -- request for
relief from certain commitments made in connection
with acquisition of First Northbrook Bancorp, Inc.,
Northbrook; First National Bank of Northbrook; and
First Security Bank of Cary-Grove, Cary, Illinois.
Granted, August 2, 1996.

Dallas

Rio Bancshares Corporation, Wilmington, Delaware -to acquire shares of Marfa National Bank, Marfa,
Texas.
Approved, July 30, 1996.

Minneapolis

River Bancorp, Inc., Ramsey, Minnesota -- to acquire
Northland Security Bank.
Approved, July 31, 1996.

Cleveland

Security Banc Corporation, Springfield, Ohio - - t o
acquire Third Financial Corporation, Piqua, Ohio,
and the Third Savings and Loan Company.
Approved, August 2, 1996.

Kansas City

SSB Holdings, Inc., Miami, Oklahoma - - t o acquire
Second Security Bancshares, Inc.
Approved, July 31, 1996.

Dallas

Sterling Bancorporation, Inc., Wilmington, Delaware - to engage in residential mortgage lending through
CMCR Holding Company, Wilmington, Delaware, and
Charter Mortgage Company, Houston, Texas.
Approved, August 2, 1996.

H.2
JULY 29, 1996
PAGE 6

TO

AUGUST 2, 1996

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES
Dallas

Sterling Bancshares, Inc. Houston, Texas -- to
,
engage in residential mortgage lending through CMCR
Holding Company, Wilmington, Delaware; and Charter
Mortgage Company, Houston, Texas.
Approved, August 2, 1996.

Richmond

Summit Bankshares, Inc,, Raphine, Virginia - - t o
acquire the Bank of Rockbridge.
Approved, July 31, 1996.

BANK MERGERS
Richmond

Triangle Bank, Raleigh, North Carolina -- to merge
with Granville United Bank, Oxford, North Carolina.
Approved, August 2, 1996.

BANK PREMISES
Kansas City

Lafayette State Bank, Lafayette, Colorado - - t o
invest in bank premises.
Approved, July 31, 1996.

Minneapolis

Northland Security Bank, Ramsey, Minnesota - - t o
increase investment in bank premises.
Approved, July 31, 1996.

BANKS. NONMEMBER. AND MISCELLANEOUS INSTITUTIONS
Director, BS&R

Mitsubishi Trust Company of New York, New York, New
York -- registration as transfer agent.
Withdrawn, July 31, 1996.

BANKS. STATE MEMBER




Director, BS&R

First Commercial Bank, Parkersburg, West Virginia -registration as transfer agent.
Withdrawn, July 31, 1996.

Dallas

First State Bank, Brackettville, Texas -- payment of
a dividend
Approved, July 29, 1996.

H.2
JULY 29, 1996
PAGE 7

TO

AUGUST 2, 1996

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

CAPITAL STOCK
Kansas City

Central Bancshares, Inc., Cambridge, Nebraska -redemption of shares.
Approved, July 29, 1996.

CHANGE IN BANK CONTROL
Kansas City

Central Bancshares, Inc., Cambridge, Nebraska -change in bank control.
Permitted, July 29, 1996.

Atlanta

First State Bancshares of DeKalb County, Inc., Fort
Payne, Alabama -- chang > in bank control.
Permitted, July 31, 1996.

Atlanta

Georgia National Bancorp, Athens, Georgia -- change
in bank control.
Permitted, July 30, 1996.

COMPETITIVE FACTORS REPORTS




Kansas City

Ashland State Bank, Ashland, Nebraska, proposed
merger with Sapp City Bank, Omaha, Nebraska -report on competitive factors.
Submitted, July 31, 1996.

Atlanta

Bank of Newnan, Newnan, Georgia, proposed merger with
Newnan Interim Corporation -- report on competitive
factors.
Submitted, July 29, 1996.

Richmond

Central Carolina Bank and Trust Company, Durham,
North Carolina, proposed merger with Graham Savings
Bank, Inc., SSB, Graham, North Carolina -- report
on competitive factors.
Submitted, July 29, 1996.

Richmond

Community Federal Savings and Loan Association,
Winnsboro, South Carolina, proposed acquisition of
certain assets and assumption of the liabilities of
the Winnsboro branch of First Palmetto Savings
Bank, F.S.B., Camden, South Carolina -- report on
competitive factors.
Submitted, July 31, 1996.

H.2
JULY 29,
PAGE 8

1996

TO

AUGUST 2, 1996

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS




St. Louis

First National Bank of Sharp County, Ash Flat,
Arkansas, proposed acquisition of certain assets
and assumption of certain liabilities of the Salem
branch of Boatmen1s National Bank of Arkansas,
Little Rock, Arkansas -- report on competitive
factors.
Submitted, August 2, 1996.

Chicago

First National Bank of Wilmington, Wilmington,
Illinois, proposed merger with Beverly Bank,
Chicago; Beverly Bank-Matteson, Matteson; and
Beverly Bank of Lockport, Lockport, Illinois -report on competitive factors.
Submitted, July 31, 1996.

Dallas

First State Bank, Hubbard, Texas, proposed merger
with Norwest Bank Texas, Waco, National
Association, Waco, Texas -- report on competitive
factors.
Submitted, August 1, 1996.

Minneapolis

Hiawatha National Bank, Hager City, Wisconsin,
proposed acquisition of the assets and assumption
of the liabilities of the Maiden Rock branch of M&I
Community State Bank, Eau Claire, Wisconsin -report on competitive factors.
Submitted, July 29, 1996.

Minneapolis

Houston Security Bank, Houston, Minnesota, proposed
acquisition of the assets and assumption of the
liabilities of the Winona branch of TCF Bank
Minnesota, FSB, Minneapolis, Minnesota -- report on
competitive factors.
Submitted, July 30, 1996.

Richmond

Logan Bank and Trust Company, Logan, West Virginia
proposed merger with Bank of Chapmanville,
Chapmanville, West Virginia -- report on
competitive factors.
Submitted, July 31, 1996.

H.2
JULY 29,
PAGE 9

1996

TO

AUGUST 2,

1996

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS




Cleveland

Merchants National Bank, Hillsboro, Ohio, proposed
consolidation with Hillsboro Interim Bank, National
Association -- report on competitive factors.
Submitted, August 2, 1996.

Dallas

New Paris Bank, Paris, Texas, proposed merger with
the Liberty National Bank in Paris -- report on
competitive factors.
Submitted, July 31, 1996.

Dallas

Norwest Bank Texas, New Braunfels, New Braunfels,
Texas, proposed merger with Victoria Bank & Trust
Company, Victoria, Texas -- report on competitive
factors.
Submitted, July 31, 1996.

S t . Louis

Old National Bank in Evansville, Evansville, Indiana,
proposed merger with Gibson County Bank, Princeton,
Indiana -- report on competitive factors.
Submitted, July 30, 1996.

Cleveland

Peoples Savings Association, Sharonville, Ohio,
proposed merger with Fidelity Federal Savings Bank,
Norwood, Ohio -- report on competitive factors.
Submitted, August 2, 1996.

Atlanta

Regions Bank of Louisiana, Baton Rouge, Louisiana,
proposed merger with American Bank & Trust Company
of Houma, Houma, Louisiana -- report on competitive
factors.
Submitted, July 29, 1996.

Boston

Savings Bank of Rockville, Rockville, Connecticut,
proposed acquisition of certain assets and
assumption of certain liabilities in the 231 Hazard
Avenue, Enfield branch of First National Bank of
New England, Hartford, Connecticut -- report on
competitive factors.
Submitted, August 2, 1996.

H .2
JULY 29,
PAGE 10

1996

TO

AUGUST 2,

1996

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS
Boston

Savings Institute, Willimantic, Connecticut, proposed
acquisition of certain assets and assumption of
certain liabilities of the Dayville branch of
Norwich Savings Society, Norwich, Connecticut -report on competitive factors.
Submitted, July 30, 1996.

Chicago

TCF Financial Corporation, Minneapolis, Minnesota,
proposed purchase of BOC Financial Corporation,
Chicago, Illinois -- report on competitive factors.
Submitted, July 31, 1996.

EXTENSIONS OF TIME
Chicago

Comerica Bank, Detroit, Michigan -- extension to
August 15, 1997, to establish branches at 1965
Baldwin, Jenison, Michigan; and 515 10 Mile Road,
N.E., Rockford, Illinois.
Granted, July 31, 1996.

San Francisco

Delta National Bancorp, Manteca, California -extension to August 29, 1996, to achieve change in
bank control.
Granted, July 29, 1996.

Minneapolis

Duke Financial Group, Inc., Minneapolis, Minnesota -extension to October 31, 1996, to acquire Inland
Empire National Bank, Riverside, California.
Granted, July 31, 1996.

Atlanta

PCB Bancorp, Inc., Largo, Florida -- extension to
November 16, 1996, to acquire Premier Community
Bank, Venice, Florida.
Granted, July 30, 1996.

INTERNATIONAL OPERATIONS




Director, BS&R

Chase Manhattan International Finance, Ltd., New
York, New York -- amendment to Articles of
Association.
Approved, August 2, 1996.

H.2
JULY 29,
PAGE 11

1996

TO

AUGUST 2,

1996

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

MEMBERSHIP
Chicago

Fortress Bank of Cresco, Cresco, Iowa -- to become a
member of the Federal Reserve System.
Approved, July 30, 1996.

Minneapolis

Northland Security Bank, Ramsey, Minnesota - - t o
become a member of the Federal Reserve System.
Approved, July 31, 1996.

RESERVE BANK OPERATIONS




GC

Federal Reserve Bank of New York -- to act as fiscal
agent in connection with proposed issue by the
Inter-American Development Bank of U.S. Dollar
Thirty Year bonds.
Approved, July 29, 1996.

Director, BS&R

Federal Reserve Bank of New York -- to purchase a
check image equipment and software^
Approved, July 31, 1996.

H.2
JULY 29,
PAGE 12

ADDITIONS AND CORRECTIONS
1996

TO

AUGUST 2,

1996

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

FORMS




Bank Reports (FR 2416, Weekly Report of Assets for
Large Banks), CFR 2644, Weekly Report of Selected
Assets), and (FR 2069, Weekly Report of Assets and
Liabilities for Large U.S. Branches and Agencies of
Foreign Banks) -- extension with revisions.
Approved, July 18, 1996.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY

Comment Period Ending Date

Application
NONE

S E C T I O N II - A P P L I C A T I O N S S U B J E C T T O B O T H
NEWSPAPER AND FEDERAL REGISTER NOTICE

Comment Period Ending Date

Application
NONE

S E C T I O N I II - A P P L I C A T I O N S S U B J E C T T O
FEDERAL REGISTER NOTICE ONLY

Application

Comment Period Ending Date

Cambridge Bancorp, Inc.,
Cambridge, Massachusetts 4 ( c ) (8) notification to
expand the previouslyapproved investment advisory
activities of Cambridge
Investment Services of New
Hampshire, Inc., Concord,
New Hampshire

Federal Register

Not Yet Established

SECTION IV - APPLICATIONS NOT SUBJECT TO
FEDERAL REGISTER OR NEWSPAPER NOTICE

Application
NONE
SECTION V

Institution

- AVAILABILITY OF CRA PUBLIC EVALUATIONS

Examination Date

Rating**

NONE
♦Subject to CRA.
♦♦Rating Definitions:
"0" - Outstanding; "S" - Satisfactory;
Improve; "SN" - Substantial Noncompliance.




"N" - Needs to

FEDERAL R ESER V E B A N K OF N E W Y O R K

Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
_____ Notice Only______
Hongkong Bank o f Canada, Vancouver, British Columbia, Canada,
to establish branches in Portland, Oregon, and Seattle, Washington.

N/A

Manufacturers and Traders Trust Company, Buffalo., New York, to
establish branches at Shoprite supermarkets located at (1) Fishkill
Plaza, northeast corner, intersection of Route 9 and Commonwealth Ave.,
Fishkill, New York; (2) Wallkill Plaza, 400 Route 211 East,
Building E, Wallkill, New York; and (3) Chester Mall, 78 Brookside Ave.,
Suite 122, Chester, New York. 1/

08/30/96

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None.
SECTION III
Nonbanking Applications
(subject to Federal Register Notice Only 1
Rabobank Nederland, Utrecht, The Netherlands, to acquire 51 percent
interest in Agricredit Acceptance LLC, Des Moines, Iowa, and thereby
engage in lending, leasing, insurance and data processing activities.
SECTION IV
Applications Not Involving
Public Comment
Citibank International, Miami, Florida, to establish a branch in
Hong Kong.




N/A

SECTION V
Availability of CRA Public Evaluations
In connection with the assessment o f each insured depository institution's
CRA performance, a rating is assigned from the following group:
Outstanding record o f meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs o f its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record o f meeting community credit needs.
An institution in this group has a satisfactory record 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 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.
Week Ending August 3.1996
NAME OF BANK

RATING

None.

Mir;

\J Subject to provisions o f Community Reinvestment Act.
?/ Later o f dates specified in newspaper and Federal Register notices.
/ 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 - N ot Available




EXAMINATION DATE

FEDERAL RESERVE BA N K OF PHILADELPHIA

SECTION I - APPLICATIONS RECEIVED AND SUBJECT TO NEWSPAPER
NOTICE ONLY
MidState Bancorp, Inc., Felton, DE to become a bank holding company by acquiring Felton
Bank, Felton, DE pursuant to section 3(a)(1) of the Bank Holding Company Act.
Newspaper comment period expires:

7/25/96

SECTION n - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEWSPAPER
AND FEDERAL REGISTER NOTICE
Collective Bancorp, Inc., Cologne, NJ to become a bank holding company through the
acquisition of Continental Bancorporation, Laurel Springs, NJ, pursuant to Section 3(a)(1) of
the Bank Holding Company Act.
Federal Register comment period expires: 8/23/96
Newspaper comment period expires:
N/Avail.
SECTION HI - APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL
REGISTER NOTICE ONLY
NONE
SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL
REGISTER NOTICE OR NEWSPAPER




NONE

FEDERAL RESERVE BA NK 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 2, 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 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 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

Founders Bank
Bryn Mawr, PA

2/12/96

Satisfactory

First Bank o f Philadelphia
Philadelphia, PA

3/11/96

Satisfactory




F ederal R eserve B ank
of C leveland
P. O. BOX 6387
CLEVELAND, OHIO 44101-1387

APPLICATIONS BULLETIN
(For the week ending August 3, 1996)
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Received application from The Ohio Bank, Findlay, Ohio, on
July 29, 1996, to establish a branch at 125 South M ain Street,
Fostoria, Ohio.
Received notice from The Richwood Banking Company,
Richwood, Ohio, of its intent to establish a branch facility
at M osier’s IGA, 21701 Main Street, Raymond, Ohio.

* August 4, 1996

* February 9, 1996

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

* - Subject to CRA
N - Newspaper Comment Period
F - Federal Register Comment Period
# - Expected to End 30 Days from Date of Receipt



F e d e ra l Reserve Bank o f Richmond

Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

Peoples State Bank, Inc., Clarksburg,
West Virginia, to establish a branch at
115 West Main Street, Clarksburg, West
Virginia.*

8-26-96

Bank of Hampton Roads, Chesapeake,
Virginia, to establish a branch at
the intersection of Portsmouth Boulevard
and Gum Road, Chesapeake, Virginia.*

8-27-96

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

Notice of Change in Control filed by
Mr. Michael Macielag with respect to
Chesapeake Bancorp, Chestertown, Maryland.

8-22-96

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

None.

Section IV - Application Not Subject to
Federal Register Notice or Newspaper Notice
Application
None.

*Application is subject to CRA requirements.




F e d e ra l R eserve Bank o f Richmond
Section V - Availability of CRA Public Evaluations
Week ending August 2, 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

Rating

United Bank

3801 Wilson Boulevard
Arlington, Virginia 22203

5-13-96

Satisfactory

Bank of Gassaway
536 Elk Street
Gassaway, West Virginia

5-13-96

Satisfactory




26624

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending August 2, 1996
Section 1 - Applications Subject to Newspaper Notice Only

Application

Comment Period Ending Date

The Bank of Nashville
Nashville, Tennessee
To establish a branch located at 3770 Hillsboro Road,
pursuant to section 9 of the Federal Reserve Act.

08-19-96*
Nashville,

Tennessee,

Omni Bancshares, Inc.
Not yet available*
Metairie, Louisiana
Notice 1-BHC formation, Omni Bank, Metairie, Louisiana.

Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice

Application

Comment Period Ending Date

Colony Bankcorp, Inc.
Not yet available*
Fitzgerald, Georgia
To acquire Broxton State Bank, Broxton, Georgia, pursuant to section 3(a) (3) of
the Bank Holding Company A c t .
First Bankshares of West Point, Inc.
Not yet available*
West Point, Georgia
To merge with Canebrake Bancshares, Inc., Uniontown, Alabama, and thereby
directly acquire its subsidiary, First State Bank of Uniontown, Uniontown,
Alabama, pursuant to section 3 ( a ) (5) of the Bank Holding Company Act.
Citizens Corporation
Not yet available*
Franklin, Tennessee
1-BHC formation, Peoples State Bancshares, Inc., Grant, Alabama, and thereby
acquire its subsidiary, Peoples State Bank, Grant, Alab a m a .
Harrison Group, Inc.
Not yet available*
Franklin, Tennessee
1-BHC formation, Peoples State Bancshares, Inc., Grant, Alabama, and thereby
acquire its subsidiary, Peoples State Bank, Grant, Alabama.

♦Subject to provisions of the Community Reinvestment Act.



Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending August 2, 1996
Section 3 - Applications Subject to Federal Register Only

Application

Comment Period Ending Date

Citizens Corporation
Not yet available
Franklin, Tennessee
Along with its wholly-owned subsidiary,
Harrison Group,
Inc.,
Franklin,
Tennessee, to engage directly in mortgage lending activities pursuant to
section 225.25(b)(1) of Regulation Y and, through Financial Data Technology
Corporation, Franklin, Tennessee, to engage in data processing activities
pursuant to section 225.25(b)(7) of Regulation Y.

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
SouthTrust Corporation
Birmingham, Alabama
Request for waiver of the application requirement of section 3 (a) (5) of the Bank
Holding Company Act along with SouthTrust of Florida, Inc., Jacksonville,
Florida, to merge with Heritage Bancshares, Inc., Fort Myers, Florida, and
thereby directly acquire its subsidiary, Heritage National Bank, Fort Myers,
F lorida.
Ocean Bankshares, I n c .
Miami, Florida
Commitment modification request.
First Liberty Financial Corp.
Macon, Georgia
Request for waiver of the application requirement of section 3 (a) (1) of the Bank
Holding Company Act to acquire Middle Georgia Bank, Byron, Georgia.
Citizens Community Bancshares, Inc.
Winchester, Tennessee
Commitment modification request.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending August 2, 1996
Section 10 - Availability of CRA Public Evaluations
The CRA public evaluations of the insured depository institutions listed below
became available during this week.
Information about an institution's CRA
evaluation may be obtained directly from the institution. In connection with the
assessment of an institution's CRA performance, a rating is assigned from the
following groups:
Outstanding record of meeting community credit needs:
An institution has an
outstanding record of, and is a leader in, ascertaining and helping to meet the
credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities.

Satisfactory record of meeting community credit needs:
An institution has a
satisfactory record of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs: An institution needs
to improve its overall record of ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs: An institution has
a substantially deficient record of ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Bank
None.




CRA Rating

Examination
Date

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending- August 2, 1996
Recently Approved Applications

Approval Date

First State Bancshares of DeKalb County, Inc.
07-31-96
Fort Payne, Alabama
After-the-fact notification filed by Ms. Shari K. Jones and Mr. James T. Jones,
Jr., to jointly retain 39.80 percent of the outstanding shares of First State
Bancshares of DeKalb County, Inc., Fort Payne, Alabama.
Gulf West Banks, Inc.
07-25-96
St. Petersburg, Florida
To acquire Liberty Leasing Corporation, Tampa, Florida, and thereby engage in
leasing activities, pursuant to Section 4 ( c ) (8) of the Bank Holding Company Act
and Sections 225.25(b)(5)(i) and 225.25(b)(5(ii) of Regulation Y.
United American Bank of Central Florida
08-02-96
Maitland, Florida
To establish a branch to be known as the Apopka Office, located at 2488 Semoran
Boulevard, Apopka, Florida.
Georgia National Bancorp, Inc.
07-30-96
Athens, Georgia
After-the-fact notification filed by Mr. Claude Williams, Jr., to retain 10.92
percent of the outstanding shares of Georgia National Bancorp, Inc., Athens,
Ge o r g i a .
Meriwether Bank Shares, Inc.
07-25-96
Greenville, Georgia
1-BHC formation, The Greenville Banking Company, Greenville, Georgia.
Hibernia Corporation
New Orleans, Louisiana
To acquire St. Bernard & Trust Company, Arabi,
3 ( a ) (3) of the Bank Holding Company Act.

07-31-96
Louisiana,

pursuant to section

Hibernia Corporation
07-31-96
New Orleans, Louisiana
To merge with CM Bank Holding Company, Lake Charles, Louisiana, and thereby
directly acquire its subsidiary, The Calcasieu Marine National Bank of Lake
Charles, Lake Charles, Louisiana, pursuant to section 3(a) (5) of the Bank Holding
Company A c t .
NBN Corp.
07-31-96
Newport, Tennessee
To establish Smoky Mountain Financial Services, Inc., Jefferson City, Tennessee,
and thereby engage in consumer finance activities, pursuant to section 4 ( c ) (8)
of the Bank Holding Company A c t .
CBG Compagnie Bancaire Geneve
07-29-96
Geneva, Switzerland
To establish a international representative office located in Miami,




Florida.

Federal Reserve Bank o f Chicago

Section I - Applications Subject to Newspaper
Notice Only
Comment Period
Ending Date

lY£e

Application

Merger/Branch

First Banking Center-Burlington
Burlington, Wisconsin
Genoa City, Wisconsin branch of
American National Bank and Trust Company o f Genoa City
Genoa City, Wisconsin
235 Freeman Street
Genoa City, Wisconsin

NP - & 19-96

Branch

Harris Trust and Savings Bank
Chicago, Illinois
Morgan Park Professional Centre
1701 W. Monterey Avenue
Chicago, Illinois

NP - 8-14-96

Merger/Branch

First Banking Center-Burlington
Burlington, Wisconsin
Pell Lake, Wisconsin branch of
American National Bank and Trust Company of Genoa City
Genoa City, Wisconsin
N1264 Park Road
Pell Lake, Wisconsin

NP - 8-19-96

Merger/Branch

First Trust & Savings Bank
Aurelia, Iowa
Cleghorn State Bank
Cleghorn, Iowa
101 North Lewis Avenue
Cleghorn, Iowa

N P - **

NP - Newspaper
FR Federal Register
* - Subject to Provisions of Community Reinvestment Act
** - Not available at this time




Federal Reserve Bank o f Chicago

Section I - Applications Subject to Newspaper
Notice Only Cont’d
Comment Period
Ending Date

Type

Application

Merger/Branch

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 County
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

NP - **

Branch

Chemical Bank and Trust Company
Midland, Michigan
7295 Alger Road
Alma, Michigan

NP - 8-23-96

Branch

M&I Bank of Racine
Racine, Wisconsin
5201 Washington Avenue
Racine, Wisconsin

NP - 8-22-96




Federal Reserve Bank o f Chicago

Section I - Applications Subject to Newspaper
Notice Only Cont’d
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

3(a)(l)notice

River Holding Company
Stoddard, Wisconsin
River Bank
Stoddard, Wisconsin

NP - 8-18-96




Federal Reserve Bank o f Chicago

Section II - Applications Subject to Both Newspaper and Federal
Register Notice
Comment Period
Ending Date

Type,

Application

3(a)(1)

First Midwest Financial, Inc.*
Storm Lake, Iowa
Central West Bancorporation
Casey, Ipwa
Security State Bank
Stuart, Iowa

FR -8-16-96
NP - 8-16-96

3(a)(3)

Capitol Bancorp, Ltd.*
Lansing, Michigan
Macomb Community Bank
Clinton Township, Michigan (in organization)

FR - 8-16-96
jsjp . **

3(a)(1)

Crestmark Bancorp, Inc.*
Bloomfield Hills, Michigan
Crestmark Bank
Troy, Michigan ( in organization)

FR - 8-19-96
jsjp . **

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 _ **

3(a)(1)

Community Holdings Corporation*
Palos Hills, Illinois
First State Bank and Trust Company of Palos Hills
Palos Hills, Illinois

FR - 8-1-96
NP - 7-31-96

3(a)(1)

Lewis Family Partners, L.P.*
Morris, Illinois
Illinois Valley Bancorp, Inc.
Morris, Illinois
Grundy County National Bank
Morris, Illinois

FR - 8-1-96
NP - 7-22-96

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 - **




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)(1)

FirstValue Corp*
Appleton, Wisconsin
Tigerton Bancorporation, Inc.
Tigerton, Wisconsin
First National Bank in Tigerton
Tigerton, Wisconsin

FR -J8-19-96
NP - 8-12-96

3(a)(5)

Country Bank Shares Corporation*
Mount Horeb, Wisconsin
Belleville Bancshares Corporation
Belleville, Wisconsin
Belleville State Bank
Belleville, Wisconsin

FR - 8-8-96
NP - 8-5-96

3(a)(1)

Oak Park River Forest Bankshares, Inc.*
Oak Park, Illinois
Community Bank of Oak Park River Forest
Oak Park, Illinois (in organization)

FR - 8-19-96

Lakes Region Bancorp, Inc.*
Bannockburn. Illinois
Anchor Bank
Third Lake, Illinois

FR - 8-22-96
NP - 8-24-96

3(a)(1)




NP - **

Federal Reserve Bank o f Chicago

Section III - Applications Subject to Federal Register
Notice Only

Comment Period
Ending Date

Type

Application

4(c)(8)

First Chicago NBD Corporation
Chicago, Illinois
Multinet International Bank
New York, New York

FR - 8-14-96

4(c)(8)

Bank of Montreal
Montreal, Canada
Multinet International Bank
New York, New York

FR - 8-14-96

4(c)(8)

Pinnacle Banc Group, Inc.
Oak Brook, Illinois
Financial Security Corp.
Chicago, Illinois
Security Federal Savings and Loan Association
Chicago, Illinois

FR - 8-1-96
NP - 8-12-96

4(c)(8)

First Midwest Financial, Inc.
Storm Lake, Iowa
First Federal Savings Bank of the Midwest
Storm Lake, Iowa

FR - 8-16-96

4(c)(8)

NEB Corporation
Fond du lac, Wisconsin
to engage de novo in making and servicing loans

FR - 8-1-96

4(c)(8)

ABN AMRO Bank N.V.
Amsterdam, The Netherlands
ChiCorp, Inc.
Chicago, Illinois
The Chicago Corporation
Chicago, Illinois

FR - 8-22-96

4(c)(8)

ABN AMRO Holding N.V.
Amsterdam, The Netherlands
ChiCorp, Inc.
Chicago, Illinois
The Chicago Corporation
Chicago, Illinois

FR - 8-22-96




Federal Reserve Bank of Chicago

Section III - Applications Subject to Federal Register
Notice Only

Comment Period
Ending Date

T y pe

Application

4(c)(8)

Stichting Administratiekantoor ABN AMRO Holding
Amsterdam, The Netherlands
ChiCorp, Inc.
Chicago, Illinois
The Chicago Corporation
Chicago, Illinois

FR - 8-22-96

4(c)(8)

Stichting Prioriteit ABN AMRO Holding
Amsterdam, The Netherlands
ChiCorp, Inc.
Chicago, Illinois
The Chicago Corporation
Chicago, Illinois

FR - 8-22-96

4(c)(8)

Quad City Holdings, Inc.
Bettendorf, Iowa
Nobel Electronic Transfer, L.L.C.
an Iowa limited liability company that engages in credit
Bettendorf, Iowa

FR - 8-14-96

4(c)(8)

Decatur Financial, Inc.
Decatur, Indiana
to purchase stock in Independent Bankers Life
Insurance Company of Indiana and thereby engage in
reinsuring credit life and accident and health insurance

PR . **




Federal Reserve Bank o f Chicago

Section IV - Applications Not Subject to Federal Register or Newspaper Notice

Type
None




Application

Federal Reserve Bank o f Chicago
Section V - Availability o f CRA Public Evaluations

The following state member banks have been examined by the Federal Reserve Bank o f 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 02, 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 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.

NI -

An institution in this group has a 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.

SN -

An institution in this group has a substantial noncompliance 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 capabilies.




BANK NAME/LOCATION

EXAMINATION DATE

RATINGS

Kent City State Bank
Six Main Street
Kent City, Michigan 49330
(616) 678-5911

4/15/96

S

M&I Bank of Burlington
200 South Pine Street
Burlington, Wisconsin 53105
(414) 763-9141

4/18/96

S

State Bank of Caledonia
627 East Main Street
Caledonia, Michigan 49316-9438
(616)891-8113

4/22/96

S

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING August 2, 1996
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End of Comment Period

None.

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSFAEER AND FEDERAL REGISTER NOTICE
Application

End of Comment Period

* Section 3(a)(3) application by The Landrum
Company, Columbia, Missouri, to acquire Itasca
State Bank Itasca, Texas.

Newspaper: 9-3-96

* Section 3(a)(1) application by LandMark
Bancshares of Texas, Inc., Columbia, Missouri,
to acquire Itasca State Bank, Itasca, Texas.

Newspaper: 9-3-96

* Section 3(a)(3) application by First Banks, In c.,
Creve Coeur, Missouri, to acquire Sunrise
Bancorp, Inc., Roseville, California.

Newspaper: 9-4-96

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
None.*

* This application/notification is subject to CRA.




End o f Comment Period

FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri
AVAILABILITY QF CRA PUBLIC DISCLOSURES

IdentificatioaMRatings;
O u ts ta n d in g r e c o r d o f m e e tin g c o m m u n ity c r e d it n e e d s

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.
S a tis fa c to r y r e c o r d o f m e e tin g c o m m u n ity c r e d it n e e d s

An institution in this group has a satisfactory 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.
N e e d s to i m p r o v e r e c o r d o f m e e t i n g c o m m u n i t y c r e d i t n e e d s

An institution in this group needs to improve its overall record o f ascertaining and helping to meet the credit
needs o f its entire delineated community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
S u b s t a n t i a l n o n c o m p l i a n c e in m e e t i n g c o m m u n i t y c r e d i t n e e d s

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 August 2, 1996

Name of Bank

Lindell Bank and Trust Co.




Bank Address

P.O. Box 211
St. Louis, MO 63166-0211

Examination
Date

Examination
Rating

5/15/96

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
Comment Period
Ending Date

Application
NONE
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section III - Applications Subject
to Federal Register Notice Only

Comment Period
Ending Date

Application
Otto Bremer Foundation and Bremer Financial
Corporation, both of St. Paul, Minnesota, to engage
in leasing personal and real property through the
acquisition of the lease servicing program of CFS
Financial Corp., Minnetonka, Minnesota.

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
NONE.




August 16, 1996

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending August 2,1996
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.
BANKYS1 EXAMINED
NONE




DATE OF EXAMINATION

CRA RATING

Federal Reserve Bank o f Kansas C ity

SE C T IO N T - APPLICATIONS SUBJECT TO N EW SPA PER N O T IC E ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

Premier Bank, Lenexa, Kansas, for prior approval to
establish a branch facility at 135th and Quivira Road,
Overland Park, Kansas, and to invest in bank
premises.

Not Available

SECTIO N II - A PPLIC A TIO N S SU BJECT T O B O TH
N EW SPAPER AND FED ERA L R E G IST E R N O TIC E
APPLICATION

COMMENT PERIOD ENDING DATE

Olathe Bancorporation, Inc., Olathe, Colorado, for
prior approval to become a bank holding company
through the acquisition of 100 percent of the voting
shares of Olathe State Bank, Olathe, Colorado.*

Not Available

Leslie R. and David R. Andersen, both of Bennington,
Nebraska, for prior approval to acquire 27.3 percent
of the voting shares of Hilltop Bancshares, Inc.,
Bennington, Nebraska.*

Not Available

SE C T IO N III - A PPLICA TIO N S SU BJECT TO FED ER A L R E G IS T E R N O T IC E ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

None.
SE C T IO N IV - A PPLICA TIO N S NOT SU BJECT TO FED ER A L R E G IS T E R N O T IC E
O R N EW SPAPER N O TIC E
APPLICATION
None.
SEC TIO N V - AVAILABILITY O F CRA PU BLIC EVALUATIONS
Identification of R atings
In connection with the assessment of each insured depository institution's CRA performance, a
rating is assigned from the following groups:




Federal Reserve Bank o f Kansas C ity

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 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

Professional Bank
4100 East Mississippi Avenue
Glendale, Colorado 80222-3048

04/22/96

07/30/96

*Application is subject to CRA.




CRA
Rating
Satisfactory

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN

APPLICATIONS A D NOTIFICATIONS FILED DURING TH W
N
E EEK O JULY 29, 1996
F
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY

APPLICATION

NOTICE EXP

♦ Section 9 application by
Zia New Mexico Bank, Tucumcari, N , to establish
M
at branch at 500 Parker Ave., Santa Rosa, N 88435
M

N/A

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE

APPLICATION
♦ Section 3(a)(3) application by
Incus Company, Ltd., Road Town, Tortola, BVI, to
acquire Mercantile Financial Enterprises, Inc.,
Wilmington, DE, and Mercantile Bank, N.A., Brownsville, TX
(Previously reported during the week of 7-1-96)
♦ Section 3(a)(3) application by
Laredo National Bancshares, Inc., Laredo, TX, to
acquire Mercantile Financial Enterprises, Inc.,
Wilmington, DE, and Mercantile Bank, N.A., Brownsville, TX
(Previously reported during the week of 7-1-96)
Change in Control Notice by
Ned S. Holmes and Sherry Holmes, Houston, TX, to acquire
an interest in Commercial Bancshares, Inc., Houston, TX

** NOTICE EXP

96/07/28

96/07/28

N/A

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
NOTICE ONLY

APPLICATION
None.




NOTICE EXP

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE

APPLICATION
None.

* SUBJECT TO CRA.
** EXPIRATION DATE IS TH D
E ATE SPECIFIED IN TH NEW
E
SPAPER NOTICE ONLY.
N/A - N T AVAILABLE AT THIS TIME.
O




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF JULY 29, 1996

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 it s
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 it s resources and capab ilities.
Needs to Improve

record of meeting community credit needs.

An institution in this group need to improve it s overall 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 it s resources and c ap 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 its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and c ap ab ilities.

Bank
None.




Date of
Examination

CRA Rating

FEDERAL RESERVE BANK OF SAN FRANCISCO

W
eek ending 8/02/96
Section I - Applications Sub.iect to Newspaper Notice Only
Application

Comment Period Ending Date

Idaho Banking Company (In Organization), Boise,
Idaho, to establish a branch o ffice at 6010
Fairview Avenue, Boise, Idaho. *

Newspaper:

Not available

Westamerica Bank, San Rafael, California, to
establish a branch o ffice at 4550 Mangels
Boulevard, Suisun City, California. *

Newspaper:

8/28/96

First Security Bank of Nevada, Las Vegas,
Nevada, to establish a branch o ffice at the
intersection of 1-215 Freeway and W Springs
arm
Road, Las Vegas, Nevada. *

Newspaper:

8/07/96

Section II - Applications Sub.iect to Both
Newspaper and Federal Register Notice
None

Section III -Applications Sub.iect 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

W
eek ending 8/02/96
Section V - A v ailab ility of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during this
week. Information about a particular in stitu tion ’ s CRA evaluation may be obtained
directly from the institution.
Institution

Location

Examination Date

Rating*

None

*Under the rating system an in stitu tion ’ s CRA performance is assigned one of the
following four ratings:
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 it s entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and cap ab ilitie s.

Outstanding

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 it s resources and cap ab ilities.

Satisfactory

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 cap ab ilities.
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 cap ab ilities.

The above lis tin 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.





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102