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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1992, No. 51 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending December 19, 1992 ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK HOLDING COMPANIES Capital Bancorporation, Inc., Cape Girardeau, Missouri — statement concerning its action of November 30, 1992, approving the application to acquire Magna Bank of South Missouri, Ozark, Missouri. Authorized, December 16, 1992. CB Financial Corporation, Jackson, Michigan — to acquire First of Charlevoix Corporation, Charlevoix, Michigan, and First State Bank of Charlevoix. Approved, December 16, 1992. Deutsche Bank AG, Frankfurt, Federal Republic of Germany — to retain U.S. subsidiaries of Morgan Grenfell Group pic, London, England, and to engage in securities activities. Approved, December 16, 1992. Meridian Bancorp, Inc., Reading, Pennsylvania — requests for reconsideration of the BoardTs approval of the applications to acquire Peoples Bancorp, Inc., Lebanon, Pennsylvania. Denied, December 17, 1992. Old National Bancorp, Evansville, Indiana — to acquire City Financial Bancorp, Inc., Danvillle, Illinois, The City National Bank of Danville; The City National Bank of Hoopeston, Hoopeston, Illinois, and City Potomac Bank, Potomac, Illinois. Approved, December 14, 1992. BANKS, FOREIGN TaipeiBank, Taipei, Taiwan — to establish a statelicensed branch in Los Angeles, California. Approved, December 18, 1992. United World Chinese Commercial Bank, Taipei, Taiwan — to establish a state-licensed agency in Los Angeles, California. Approved, December 18, 1992. H.2 DECEMBER 14, 1992 PAGE 2 TO DECEMBER 18, 1992 ACTIONS TAKEN BY THE BOARD OF GOVERNORS CURRENCY Federal Reserve notes — decrease in the 1992 new currency budget for printing and related costs; and approval of the 1993 new currency budget. Approved, December 16, 1992. ENFORCEMENT BCCI Holdings (Luxembourg) S.A., Luxembourg, Bank of Credit and Commerce International S.A., and Bank of Credit and Commerce International, George Town, Cayman Islands — order of prohibition, cease and desist order, and conditional assessment of civil money penalty against Kamal Adham. Authorized, December 16, 1992. Pitcairn Bancorp, Inc., Jenkintown, Pennsylvania, and Pitcairn Private Bank — written agreement dated November 17, 1992, with the Federal Reserve Bank of Philadelphia. Announced, December 17, 1992. Vic Sather & Associates, Inc., Bloomington, Minnesota — final decision and order of assessment of civil money penalties against Vic Sather and Paul C. Hufnagle. Authorized, December 14, 1992. RESERVE BANK OPERATIONS Budgets for 1993. Approved, December 16, 1992. Federal Reserve Bank of San Francisco — renovation program at the BankTs Salt Lake City Branch. Approved, December 14, 1992. H.2 DECEMBER 14, 1992 PAGE 3 TO DECEMBER 18, 1992 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 Atlanta Alerion Bank, New Orleans, Louisiana — to establish a branch at 200 Veterans Memorial Boulevard, Metairie, Louisiana. Approved, December 17, 1992. Atlanta Bank Independent, Sheffield, Alabama — to establish a branch at 863 Cox Creek Parkway, Florence, Alabama. Approved, December 17, 1992. Chicago Bank of Lakeview, Lakeview, Michigan — to establish a branch at 7490 Northland Drive, Stanwood, Michigan. Approved, December 18, 1992. New York Bank of New York, New York, New York — to establish branches at Brinks Incorporated, 652 Kent Avenue, Brooklyn; Hudson Armored Car and Courier Service; 291 Upper North Road, Highland; and Andover Protective Services, 1640 Veterans Memorial Highway, Central Islip, New York. Approved, December 18, 1992. Richmond Citizens Bank of Virginia, Arlington, Virginia — establish a branch at 3829 South George Mason Drive, Falls Church, Virginia. Approved, December 17, 1992. Richmond Signet Bank / Virginia, Richmond, Virginia — to establish a branch at 6511 Woodlake Parkway, Midlothian, Virginia. Approved, December 16, 1992. Atlanta Trust Company Bank, Atlanta, Georgia — to establish a branch at the Johnson Ferry Road Medical and Professional Banking Center Facility at 1100 Johnson Ferry Road. Approved, December 14, 1992. to H.2 DECEMBER 14, 1992 PAGE 4 TO DECEMBER 18, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Atlanta AmSouth Bancorporation, Birmingham, Alabama — proposal that AmSouth Bank, N.A. acquire certain assets and assume certain liabilities of Secor Bank, F.S.B., Birmingham, Alabama. Approved, December 17, 1992. Chicago BOI Financial Corp., Normal, Illinois — The Bank of Illinois in Normal. Approved, December 18, 1992. Atlanta Brannen Banks of Florida, Inc., Inverness, Florida — to engage de novo in mortgage lending and servicing activities through Brannen Mortgage Company. Permitted, December 16, 1992. Atlanta Button Gwinett Bancorp, Inc., Snellville, Georgia — to merge with The Gwinett Financial Corporation, Lawrenceville, Georgia, and acquire The Bank of Gwinnett County. Approved, December 15, 1992. Dallas Citizens Bankers of Delaware, Inc., Wilmington, Delaware — to acquire Baytown State Bank, Baytown, Texas, and Citizens Bank and Trust Company. Approved, December 18, 1992. Chicago Cole - Taylor Financial Group, Inc., Northbrook, Illinois — to engage de novo in credit related insurance activities through Cole Taylor Life Insurance Company, Inc., Wheeling, Illinois, and Cole Taylor Finance Company, Inc. Permitted, December 16, 1992. New York Credit Commercial de France S.A., Paris, France — to retain and increase interest in Pilgrim Baxter Grieg Framlington & Associates Ltd., Wayne, Pennsylvania, and to continue to act as an investment advisor through Pilgrim Baxter Grieg & Associates Ltd. Approved, December 18, 1992. to acquire H.2 DECEMBER 14, 1992 PAGE 5 TO DECEMBER 18, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Dallas C.S.B.C.C., Inc., Nilnington, Delaware — to acquire Citizens State Bank of Corpus Christi. Corpus Christi, Texas. Approved, December 18, 1992. Chicago Denmark Bancshares, Inc., Denmark, Wisconsin — to engage de novo in real estate appraisal activities through L. McDonald Insurance Agency, Inc. Permitted, December 18, 1992. Minneapolis Fishback Insurance Agency, Inc., Brookings, South Dakota — proposal that First National Bank in Brookings, merge with Home Trust Savings and Loan Association, Vermillion, South Dakota. Approved, December 15, 1992. Kansas City Granby Bancshares, Inc., Neosho, Missouri — to merge with Anderson Bancshares, Inc., and Neosho Bancshares, Inc. Approved, December 16, 1992. Chicago Irwin Financial Corporation, Columbus, Indiana — to engage de novo in securities brokerage and investment advisory services through Irwin Union Securities, Inc. Permitted, December 18, 1992. H.2 DECEMBER 14, 1992 PAGE 6 TO DECEMBER 18, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY sank holding companies Secretary Keycorp, Albany, New York — proposal by Key Bancshares of Washington, Inc., Seattle, Washington, to acquire Puget Sound Bancorp, Tacoma, Washington, Puget Sound National Bank, Bellingham National Bank, Bellingham, Washington, San Juan County Bank, Friday Harbor, Washington, Puget Sound Savings Bank, Seattle, Washington, Puget Sound Life Insurance Company, Phoenix, Arizona, Washington Mortgage Corporation, Seattle, Washington, and The Tacoma Partnership, Federal Way, Washington. Approved, December 16, 1992. Chicago Maple Park Bancshares, Inc., Maple Park, Illinois — to engage de novo in mortgage activities for secondary market residential real estate loans. Returned, December 16, 1992. Richmond NationsBank Corporation, Charlotte, North Carolina — to engage de novo in lending and leasing activities through NationsBanc Leasing and Financial Corporation, Tucker, Georgia. Permitted, December 18, 1992. Minneapolis Norwest Corporation, Minneapolis, Minnesota — to engage de novo in community development activities through investments in limited partnerships that qualify for low income tax credits. Permitted, December 17, 1992. Minneapolis Norwest Corporation, Minneapolis, Minnesota — to acquire Merchants & Miners Bancshares, Inc., Hibbing, Minnesota. Approved, December 17, 1992. Minneapolis Norwest Corporation, Minneapolis, Minnesota — to engage in data processing activities through Comprehensive Computer Solutions, Inc., Spring Valley, New York. Approved, December 17, 1992. Minneapolis Ormsby Bancshares, Inc., Ormsby, Minnesota — engage de novo in lending activities. Permitted, December 15, 1992. to H.2 DECEMBER 14, 1992 PAGE 7 TO DECEMBER 18, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY fiflflfl H O U G H S COMPANIES Atlanta Peoples Financial Services, Inc., Cookeville, Tennessee — to acquire Citizens Federal Savings Bank, Rockwood, Tennessee. Approved, December 17, 1992. Chicago Random Lake Bancorp, Limited, Random Lake, Wisconsin — to acquire State Bank of Random Lake. Approved, December 18, 1992. Atlanta Southern Bank Group, Inc., Roswell, Georgia — to engage in the leasing of furniture and equipment to Eastside Bank and Trust Company, Snellville, Georgia. Approved, December 18, 1992. Chicago Sullivan Bancshares, Inc., Sullivan, Illinois — to engage in purchasing loan participations from The First National Bank of Sullivan. Permitted, December 18, 1992. Dallas U B & T Holding Co., Abilene, Texas — United Bank & Trust. Approved, December 15, 1992. to acquire BANK MERGERS Kansas City Bank of Neosho, Neosho, Missouri — to merge with Anderson State Bank, Anderson, Missouri, and Citizens State Bank, Granby, Missouri, and to establish branches. Approved, December 16, 1992. Kansas City Belcaro Bank, Glendale, Colorado — to merge with Denver Tec Bank, Denver, Colorado, and The Professional Bank of Colorado, Englewood, Colorado, and to establish branches. Approved, December 16, 1992. Philadelphia Community Bank and Trust Company, Forest City, Pennsylvania — to merge with First National Bank of Nicholson, Nicholson, Pennsylvania. Approved, December 17, 1992. H.2 DECEMBER 14, 1992 PAGE 8 TO DECEMBER 18, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY MM Pr e m i s e s Atlanta Bank Independent, Sheffield, Alabama — bank premises. Approved, December 17, 1992. Kansas City Bank of Neosho, Neosho, Missouri — bank premises. Approved, December 16, 1992. Philadelphia Community Bank and Trust Company, Forest City, Pennsylvania — investment in bank premises. Approved, December 17, 1992. investment in investment in BANKS* FOREIGN Cleveland Mellon Bank Canada, Toronto, Canada — to acquire R-M Trust Company, and engage in securities transfer and corporate trust activities in Canada. Approved, December 17, 1992. BANKS. NONMEMBER. AND MISCELLANEOUS INSTITUTIONS Director, BS&R Liberty Trust Company, Oklahoma City, Oklahoma — registration statement. Approved, December 18, 1992. BANKS. STATE MEMBER Minneapolis Culbertson State Bank, Culbertson, Montana — of a dividend. Withdrawn, December 18, 1992. payment CAPITAL STOCK Minneapolis Duke Financial Group, Inc., St. Paul, Minnesota — redemption of shares. Approved, December 14, 1992. Minneapolis First Integrity Bancorporation, St. Cloud, Minnesota — redemption of shares. Returned, December 18, 1992. Atlanta FNB Banking Company, Griffin, Griffin, Georgia redemption of shares. Approved, December 14, 1992. — H.2 DECEMBER 14, 1992 PAGE 9 TO DECEMBER 18, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CAPITAL STOCK Minneapolis NorBanc Group, Inc., Pine River, Minnesota — redemption of shares. Approved, December 15, 1992. CHANGE IN BANK CONTROL Chicago Avoca Financial Services, Inc., Council Bluffs, Iowa — change in bank control. Permitted, December 16, 1992. Kansas City First Beemer Corporation, Beemer, Nebraska — in bank control. Permitted, December 17, 1992. Chicago Overton Bank Shares, Inc., Mondamin, Iowa — in bank control. Returned, December 16, 1992. S t . Louis Poplar Bluff Bancshares, Inc., Poplar Bluff, Missouri — change in bank control. Permitted, December 14, 1992. change change COMPETITIVE FACTORS REPORTS Atlanta Century Bank and Trust, Milledgeville, Georgia, proposed merger with Century Interim, Inc. — report on competitive factors. Submitted, December 17, 1992. San Francisco Chino Valley Bank, Ontario, California, proposed merger with Fontana First National Bank, Fontana, California — report on competitive factors. Submitted, December 16, 1992. Atlanta First Bank of Clewiston, Clewiston, Florida, proposed merger with First Successor Bank of Clewiston — report on competitive factors. Submitted, December 17, 1992. Richmond First Commonwealth Savings Bank, Alexandria, Virginia, proposed merger with FC Federal Interim Savings Association — report on competitive factors. Submitted, December 14, 1992. H.2 DECEMBER 14, 1992 PAGE 10 TO DECEMBER 18, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS , Atlanta First Union National Bank of Georgia, Atlanta, Georgia, proposed merger with Decatur Federal Savings and Loan Association, Decatur, Georgia — report on competitive factors. Submitted, December 16, 1992. Chicago Firstar Bank, Lake Geneva, National Association, Lake Geneva, Wisconsin, proposed merger with Firstar Bank Elkhorn, Elkhorn, Wisconsin — report on competitive factors. Submitted, December 15, 1992. Dallas Lockwood National Bank of Houston, Houston, Texas, proposed merger with Community National Bank, Friendswood; Peoples National Bank, Pasadena; and Peoples Bank, Houston, Texas — report on competitive factors. Submitted, December 17, 1992. Dallas Pacific Southwest Bank, F.S.B., Corpus Christi, Texas, proposed purchase of branches at 2443 South High, Longview, Texas, and 400 South Alamo, Marshall, Texas, of First Interstate of Texas, N.A., Houston, Texas — report on competitive factors. Submitted, December 16, 1992. Dallas Pacific Southwest Bank, F.S.B., Corpus Christi, Texas, proposed purchase of branches from American Federal Bank, F.S.B., Dallas, Texas, at 112 W. 2nd Street, Cameron; 134 E. Van Buren, Harlingen; 2114 Saunders, Laredo; and 300 S. Cage, Pharr, Texas — report on competitive factors. Submitted, December 16, 1992. San Francisco Sacramento Savings Bank, Sacramento, California, proposed purchase of certain assets and assumption of certain liabilities of the Grass Valley branch of Commerce Security Bank — report on competitive factors. Submitted, December 15, 1992. H.2 DECEMBER 14, 1992 PAGE 11 TO DECEMBER 18, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Chicago Society Bank* Michigan, Ann Arbor, Michigan, proposed merger with Society Bank, Monroe, Monroe, Michigan, and Society National Bank, Sturgis, Michigan — report on competitive factors. Submitted, December 15, 1992. Atlanta Third National Bank of South Central Tennessee, Pulaski, Tennessee, proposed purchase of the assets and assumption of the liabilities of three branches of Third National Bank in Nashville, Nashville, Tennessee — report on competitive factors. Submitted, December 18, 1992. EXTENSIONS OF TIME New York Bank of New York, New York, New York — extension to December 3, 1993, to establish a branch at Route 22, Town of Southeast, New York. Denied, December 18, 1992. New York Bank of New York, New York, New York — extension to December 3, 1993, to establish a branch at Route 22, Town os Southeast, New York. Denied, December 18, 1992. Minneapolis Bowbells Holding Company, Bowbells, North Dakota — extension to April 7, 1993, to acquire First National Bank, Minot, North Dakota. Granted, December 16, 1992. Director, BS&R Citicorp, New York, New York — certain property. Granted, December 18, 1992. San Francisco First Interstate Bancorp, Los Angeles, California — extension to divest certain property. Granted, December 14, 1992. extension to divest H.2 DECEMBER 14, 1992 PAGE 12 TO DECEMBER 18, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY INTERNATIONAL OPERATIONS Director, BS&R Citicorp, New York, New York — to invest in Citicorp Insurance Services Limited, London, England, and British National Life Assurance Company Limited, West Sussex, England. Permitted, December 18, 1992. Chicago Citizens Trust and Savings Bank, South Haven, Michigan — membership in the Federal Reserve System. Withdrawn, December 18, 1992. Minneapolis Security State Bank of Edgeley, Edgeley, North Dakota — to become a member of the Federal Reserve System. Approved, December 15, 1992. MEMBERSHIP REGULATIONS AND POLICIES Secretary Regulation CC — technical corrections to provide updated cross-references between Regulation CC and the Uniform Commercial Code. Approved, December 16, 1992. RESERVE BANK SERVICES Director, FRBO Federal Reserve of Dallas — to implement an account post-sort service in District offices. Approved, December 17, 1992. H 2 DECEMBER 14, 1992 PAGE 13 ADDITIONS AND CORRECTIONS TO DECEMBER 18, 1992 ACTIONS TAKEN BY THE BOARD OP GOVERNORS REGULATIONS &ND POLICIES Regulation F, Li*itation on Interbank Liabilities — new regulation to implement the interbank liability provisions of the Federal Deposit Insurance Corporation Improvement Act of 1991 (Docket R-0769). Approved, November 20, 1992. Regulations H and Y — final rule adding the European Bank for Reconstruction and Development, the International Finance Corporation, and the Nordic Investment Bank to the list of multilateral lending institutions eligible for the 20 percent risk weight category (Docket R-0776). Approved, December 8, 1992. ADDITIONS AND CORRECTIONS ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK BRANCHES, DOMESTIC Kansas City Century Bank Academy at Hancock, Colorado Springs, Colorado — to establish an additional branch in Colorado Springs, Colorado. Approved, December 11, 1992. 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 Comment Period Ending Date Application NONE SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS ♦Rating Definitions: "0" - Outstanding; "S" - Satisfactory; - Needs to Improve; "SN" - Substantial Noncompliance. Institution Examination Date NONE "N" Rating* Federal Reserve Bank of New York Comment Period Ending Date SECTION I Applications Subject to Newspaper ___________ Notice Only___________ None. SECTION II Applications Subject to Both Newspaper and Federal Register Notice None. SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) Bank of Nova Scotia, Barclays PLC, Bankers Trust New York Corporation, The Chase Manhattan Corporation, Chemical Banking Corporation, Citicorp, Deutsche Bank AG, The Fuji Bank, Limited, The Hongkong and Shanghai Banking Corp., Industrial Bank of Japan, Ltd., J.P. Morgan 6c Co., Incorporated, The Long-Term Credit Bank of Japan, and The Nippon Credit Bank, Ltd., to acquire directly or indirectly an interest in Government Pricing Information System, Inc., a de novo company that will engage in the compilation and transmission of data with respect to Government securities. N/A SECTION IV Applications Not Involving ______ Public Comment______ BNY International Financing Corporation, New York, New York to make an additional investment in BNY Australia Limited, Sydney, Australia. SECTION V Availability of CRA Public Evaluations In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following group: Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources 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 neighbor hoods, in a manner consistent with its resources and capabilities. Week Ending December 19. 1992 NAME OF BANK RATING EXAMINATION DATE None. 1/ 2/ 3/ 4/ Subject to provisions of Community Reinvestment Act. Later of dates specified in newspaper and Federal Register notices. Date specified in newspaper notice; a later date may be specified in the Federal Register notice. Date specified in Federal Register notice; a later date may be specified in the newspaper notice. N/A - Not Available FEDERAL RESERVE BANK OF PHILADELPHIA SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date NONE. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Comment Period Ending Date NONE. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Comment Period Ending Date NONE. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE NONE. 1/ Subject to provisions of Community Reinvestment Act * N/A - not yet available. 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 December 18* 1992 Identification of Ratings In connection with the assessment of each insured depository performance, a rating is assigned from the following groups: institution's CRA Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities* Satisfactory record of meeting community credit needs* An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities• Needs to improve record of meeting community credit needs* An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities* Substantial noncompliance in meeting community credit needs* An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities* Bank/Location Examination Date NONE CRA Rating Federal Reserve Bank of Cleveland Applications Bulletin For Week Ending December 19, 1992 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY None SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE None SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Received Section 4 ( c ) (8) application from Mellon Bank Corporation, Pittsburgh, Pennsylvania, on November 25, 1992, to acquire the non-bank subsidiaries of The Boston Company, Inc., Boston, Massachusetts. Not Yet Known # SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE NONE * * N F # - Subject to CRA Newspaper Comment Period Federal Register Comment Period Expected to end approximately 30 days from date of application's receipt. @@ - Expected to end approximately 15 days from date of application's receipt. AVAILABILITY OF CRA PUBLIC EVALUATIONS (December 18, 1992) 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 December 18, 1992. If you are interested in obtaining a copy of an evaluation document, please contact the bank(s) directly. There are four descriptive ratings for CRA: OUTSTANDING: a bank in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SATISFACTORY: a bank in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NEEDS TO IMPROVE: a bank 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 NON COMPLIANCE: 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 lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities. The Orrville Savings Bank 101 West Market Street Orrville, Ohio 44667 (216) 683-3055 Rating: Outstanding Exam Date: September 28, 1992 Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Notice of Change in Control with respect to FCFT, Inc., Princeton, West Virginia. Not Yet Available Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date None. Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date BB&T Financial Corporation, Wilson, North Carolina, to acquire Security Financial Holding Company, Durham, North Carolina."* Not Yet Available Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None. ^Application is subject to CRA requirements. Comment Period Ending Date Federal Reserve Bank of Richmond Availability of CRA Public Evaluations Week ending December 18, 1992 Definition of Ratings Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Examination Date None. Rating Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending December 18. 1992 Section 1 - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date PanAmerican Bank Miami, Florida To establish a branch located at 888 Brickell Avenue, Miami, Florida to be known as PanAmerican Bank-Brickell Avenue Branch and Executive Offices. Not yet available* Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date FirstBanc Holding Company, Inc. Robertsdale, Alabama Change in control by Willard Belton Simmons, Jr., to acquire an additional 7.19 percent of the outstanding shares of common stock. Total ownership will equal 25.85 percent. Not yet available* First Linden Bancshares, Inc. Linden, A1abama 1-BHC formation, First Bank of Linden, Linden, Alabama. Not yet available* Section 3 - Applications Subject Register Only Application Barnett Merger Corporation Jacksonville, Florida To acquire Barnett Banks Trust Company, N.A., Jacksonville, Florida, pursuant to Section 4 ( c ) (8) of the Bank Holding Company Act. to Federal Comment Period Ending Date Not yet available ♦Subject to Provisions of the Community Reinvestment Act. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending December 18. 1992 Section 3 - Applications Subject Register Only Application to Federal Comment Period Ending Date Forest Bancorp Forest, Mississippi To engage de novo in making, acquiring, or servicing loans or other extensions of credit, pursuant to Section 225.25(b)(1) of Regulation Y. 12-31-92 Section 4 - Applications Not Subject to Federal Register Notice or Newspaper Notice Application FMB Bancshares, Inc. Lakeland, Georgia To redeem stock options issued to William L. Lee granting him the right to purchase 2,000 shares of outstanding common stock.. Not yet available* Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending December 18, 1992 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 lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs: An institution has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs: An institution needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncomnliance in meeting community credit needs: An institution has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Examination Bank Southern Heritage Savings Bank Post Office Box 467 Winterville, Georgia (706) 548-2068 Rating Satisfactory- Date 09-08-92 30683 First Bank & Trust Company Post Office Box 272170 Tampa, Florida 33688 (813) 932-1885 Needs to Improve 09-08-92 First American Bank of Indian River County 4000 20th Street Vero Beach, Florida 32960 (407) 567-0552 Satisfactory 09-08-92 Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Type Application Merger/ Branches Security Bank and Trust Company Southgate, Michigan First of America Bank-Security Monroe, Michigan Monroe Office . 28 East Front Street Monroe, Michigan Maybee Office 9040 Raisin Street Maybee, Michigan South Dixie Office 15407 South Dixie Highway Monroe, Michigan Frenchtown Office 6000 North Monroe Street Monroe, Michigan South Custer Office 2100 South Custer Monroe, Michigan North Telegraph Office 465 North Telegraph Road Monroe, Michigan North Monroe Office 202 North Monroe Street Monroe, Michigan Newport Office 8733 Swan Creek Road Newport, Michigan North Dixie Office 2770 North Dixie Highway Monroe, Michigan Bedford Township Office 7548 Lewis Avenue Temperance, Michigan* N Oakar Royal Bancshares, Inc. Elroy, Wisconsin Hillsboro Branch of AnchorBank, S.S.B. Hillsboro, Wisconsin* N - 12-22-92 Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only lContinued ) Comment Period Ending Date Type Application Branch Bank of Lakeview Lakeview, Michigan 7490 Northland Drive Stanwood, Michigan* N - 12-11-92 EFT Chemical Bank and Trust Company Midland, Michigan Dow Chemical Company Research Campus Gate 76, Washington Street Midland, Michigan* N - 12-18-92 Oakar Citizens National Bancorp, Inc . Darlington, Wisconsin Darlington, Wisconsin branch of Anchor Bank SSB Madison, Wisconsin* N - 12-19-92 Merger The Shelby County State Bank Shelbyville, Illinois Bank of Findlay Findlay, Illinois* N - ** Branch Old Kent Bank and Trust Company Grand Rapids, Michigan 6210 Kalamazoo Avenue Kentwood, Michigan* N - 1-3-93 Federal Reserve Bank of Chicago Type Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Application Ending Date Y-l Bourbonnais Bancorp, Inc. Wheaton, Illinois Bank of Bourbonnais Bourbonnais, Illinois* FR - 12-4-92 N - 12-19-92 Y-2 Illinois State Bancorp, Inc. Wheaton, Illinois Bourbonnais Bancorp, Inc. Wheaton, Illinois Bank of Bourbonnais Bourbonnais, Illinois Presidential Holdings, Inc. Bourbonnais, Illinois* FR - 12-4-92 N - 12-19-92 Y-2 Peotone Bancorp, Inc. Peotone, Illinois SC Bancorp, Inc. Worth, Illinois The Sun City Bank Sun City, Arizona* FR - 12-14-92 N - 12-7-92 y -i Guaranty Financial, M.H.C. Milwaukee, Wisconsin Guaranty Bank, S.S.B. Milwaukee, Wisconsin* FR - 12-14-92 N - ** Y-l First Insurance Finance Company Des Moines, Iowa Farmers and Miners Bank Lucas, Iowa* FR - 12-28-92 N - 12-11-92 Y-l Cashton Bancshares, Inc. Cashton, Wisconsin Bank of Cashton Cashton, Wisconsin* FR - 12-18-92 N - 12-11-92 CoC-HC Monona Bankshares, Inc. Monona, Wisconsin Lyndon D. Jackson FR - 12-22-92 N - 12-16-92 Federal Reserve Bank of Chicago Type Section II - Applications Subject to Both Newspaper and Federal Register Notice (Continued) Comment Period Application Ending Date Y-2 Citizens Financial Corporation Employee Stock Ownership Plan and Trust Fort Atkinson, Wisconsin Citizens Financial Corporation Fort Atkinson, Wisconsin Citizens State Bank Fort Atkinson, Wisconsin* FR - 12-18-92 N - 12-25-92 Y-l Naperville Joliet Investment Co. Northbrook, Illinois Westbank/Will County Joliet, Illinois Westbank/Napervilie Naperville, Illinois* FR - 12-23-92 N - 12-23-92 Y-2 Comerica Incorporated Detroit, Michigan Comerica Texas Incorporated Detroit, Michigan Nasher Financial Corporation Dallas, T e x a s NorthPark National Corporation Dallas, Texas NorthPark National Bank of Dallas Dallas, Texas* FR - 12-28-92 N - ** Y-l Comerica Texas Incorporated Detroit, Michigan Nasher Financial Corporation Dallas, Texas NorthPark National Corporation Dallas, Texas NorthPark National Bank of Dallas Dallas, Texas* FR - 12-28-92 N - ** Y-l SBL Capital Bank Shares, Inc. Lodi, Wisconsin State Bank of Lodi Lodi, Wisconsin* FR N 1-4-93 12-26-92 Federal Reserve Bank of Chicago Tvoe Section II - Applications Subject to Both Newspaper and Federal Register Notice (Continued) Comment Period Application Ending Date Y-2 Gibson Investment Company Gibson, Iowa Wingo, Ltd. Brooklyn, Iowa Poweshiek County Savings Bank Brooklyn, Iowa* FR - 11-20-92 N 1-4-93 CoC-HC Wingo, Ltd. Brooklin, Iowa Rollin R. Harder FR - 11-17-92 N 1-4-93 Y-2 Van Diest Investment Company Ankeny, Iowa Hamilton County Bancshares, Inc. Webster City, Iowa First State Bank Webster City, Iowa* FR 1-7-93 N - ** CoC-HC Avoca Financial Services, Inc. Council Bluffs, Iowa Terry M. Carley FR - ** N - ** CoC—HC Overton Bank Shares, Inc. Mondamin, Iowa James F. & Donald F. Schwertley and James R. King FR - ** N - ** CoC-HC Iowa State Bank Holding Company Des Moines, Iowa Marvin R. Selden, Jr.; Melvin H. Nielsen; Dennis Gallagher; Robert McLaughlin and Doris Olson FR - ** N - ** Y-2 Shelby County Bancorp, Inc. Shelbyville, Illinois Bank of Findlay Findlay, Illinois* FR - ** N - ** Y-l Farmers & Merchants Bancshares, Inc. Burlington, Iowa Farmers & Merchants Bank & Trust Burlington, Iowa* FR N - ** ** Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Type Application 4(c)(8) Lincolnshire Bancshares, Inc. Lincolnshire, Illinois To purchase participations from their banking subsidiary 4(c)(8) Citizens Bankshares, Inc. FR - 12-28-92 Shawano, Wisconsin Wisconsin Finance Corporation Shawano, Wisconsin— engage in the sale of credit life, accident, disability, health, and property or casualty insurance Y-4 First Insurance Finance Company Des Moines, Iowa To continue to engage in the making and servicing of loans FR - 12-28-92 Y-4 Valley Bancorporation Appleton, Wisconsin Valley Securities, Inc. Appleton, Wisconsin FR - ** Y-4 Garwin Bancorporation Garwin, Iowa Garwin Insurance Agency Garwin, Iowa FR - ** Y-4 Amcore Financial, Inc. Rockford, Illinois Rockford Mercantile Agency Rockford, Illinois— T o operate as a collection agency FR - 12-18-92 4(C)(8) Citizens Financial Corporation Fort Atkinson, Wisconsin Purchase loan participation certificates from its sub, Citizens State Bank FR - 12-18-92 Y-4 First Colonial Bankshares Corporation Chicago, Illinois First Colonial Investment Services Elmhurst, Illinois FR - 12-18-92 FR - 12-18-92 Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only (Continued ) Comment Period Ending Date Type Application Y-4 Bank of Montreal Montreal, Canada Harris Futures Corporation Chicago, Illinois FR - ** Y-4 Bankmont Financial Corp. New York, New York Harris Futures Corporation Chicago, Illinois FR - ** Y-4 Harris Bankcorp, Inc. Chicago, Illinois Harris Futures Corporation Chicago, Illinois FR - ** Y-4 Republic Bancorp, Inc. Ann Arbor, Michigan Market Street Mortgage Corporation Tampa, Florida FR - 12-18-92 4(c)(8) Maple Park Bancshares, Inc. Maple Park, Illinois To engage de novo as a mortgage loan servicer for secondary market residential real estate loans FR - ** 4(c) (8) First of America Bank Corporation Kalamazoo, Michigan First of America Mortgage Company Kalamazoo, Michigan FR - ** 4(c) (8) Comerica Incorporated Detroit, Michigan ComeriComp, Incorporated Detroit, Michigan FR - ** 4(c)(8) Capital Directions, Inc. Mason, Michigan Monex Investment Co., Inc. Mason, Michigan FR - 12-14-92 Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only (Continued ) Type Application 4(c)(8) Withee Bank Shares, Inc. Withee, Wisconsin Engage in development and ownership of a low income housing project Comment Period Ending Date FR - ** Federal Reserve Bank of Chicago Section IV - Applications Not Subject to Federal Register or Newspaper Notice Type Application RoS Commercial Ban Corp. Carroll, Iowa To redeem approximately 51,300 shares of voting common stock from the Estate of Robert M. Moehn RoS Wingo, Ltd. Brooklyn, Iowa To redeem 10,469 shares of common stock Membership Westby-Coon Valley State Bank Westby, Wisconsin To become a member of the Federal Reserve System* Ros Rigler Investment Company New Hampton, Iowa To purchase 6,500 shares of common stock N FR * ** - Newspaper - Federal Register - Subject to Provisions of Community Reinvestment Act - Not available at this time AVAILABILITY OF CRA PUBLIC EVALUATIONS The following state member banks have been examined by the Federal Reserve Bank of Chicago for compliance with the CRA. The 30-business day period the bank has to make the evaluation public has lapsed during the week ending December 18, 1992. If you are interested in obtaining a copy of the evaluation document, please contact the bank(s) directly. Identification of Ratings O-An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. S-An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NI-An institution in this group needs to improve its overall record of 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. SN-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. BANK NAME/LOCATION EXAMINATION DATE RATINGS -Midwest Guaranty Bank 1475 Big Beaver Road P.O. Box 7091 Troy, Michigan 48007 (313) 649-3838 9/21/92 S -Bank One, Sturgis 100 East Chicago Road Sturgis, Michigan 49091 (616) 651-4711 9/08/92 S -The Farmers and Merchants Bank P.O. Box 270 Berlin, Wisconsin 54923 (414) 361-1454 9/17/92 S -Iowa State Bank P.O. Box N Hull, Iowa 51239 (712) 439-1025 9/28/92 S Federal Reserve Bank of St. Louis FOR THE VEEK ENDING DECEMBER 18. 1992 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE Application End of Common*- Period None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application End of Comment Period Change in control notification involving Citizens National Bancorp, Inc., Springfield, Missouri by Charles and Frances Tuck Not yet available SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application End of Comment Period None. SECTION IV - APPLICATIONS NOT SPBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Application End of Comment Period Stock redemption notification by Citizens National Bancorp, Inc., Springfield, Missouri Not applicable FEDERAL RESERVE BANK OF ST. LOUIS St. Louis, Missouri AVAII.ABILITY OF CRA PUBLIC DISCLOSURES Identificationof Ratings: Outstandingrecordofmeetingcommunitycreditneeds An institution in thisgroup has an outstanding record of, and isa leader in, ascertaining and helping to meet the credit needs ofitsentire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with itsresources and capabilities. Satisfactoryrecordofmeetingcommunitycredfi needs An institution in thisgroup has a satisfactoryrecord 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 itsresources and capabilities. Needs toimproverecordof meetingcommunitycreditneeds An institution in thisgroup needs to improve itsoverallrecord of ascertaining and helping to meet the credit needs of itsentire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with itsresources and capabilities. Substantial noncomplianceinmeetingcommunitycreditneeds An institution in thisgroup has a substantially deficient record of ascertaining and helping to meet the credit needs of itsentire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with itsresources and capabilities. FOR THE WEEK ENDING Name of Bank December 18, 1992 Examination Date Bank Address None - Examination Rating FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to Newspaper Notice Only Comment Period Endina Date Application None. Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Endina Date Application None. Section III - Applications Subject to Federal Register Notice Only Application Norwest Corporation Mpls, MN To engage in data processing activities through the acqui sition of Boris System, Inc., East Lansing, MI Comment Period Endina Date 1-4-93 Norwest Corporation Mpls, MN To engage in title insurance agency activities including real estate settlement service acti vities through the acquisition of substantially all of the assets of Community Title Guaranty Com pany, Lombard, IL Not yet available Norwest Corporation Mpls, MN To engage in general insurance agency activities through the acquisition of Norwest Insurance Wyoming, Inc., Wheatland, WY Not yet available Marquette Bancshares, Inc. Mpls, MN To engage in investment a d visory services through the acquisition of Marquette Fund Advisors, Inc., Mpls, MN 1-4-93 FEDERAL RESERVE BANK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application Newberry Bancorp, Inc. Sault Ste. Marie, MI To engage in community rein vestment activities through the acquisition of Northern Michigan BidCo, Inc., Sault Ste Marie, MI Not yet available 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 December 18, 1992 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 moderateincome 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 The Clinton State Bank P . 0. Box 360 Clinton, MN 56225-0360 (612) 325-5401 DATE OF EXAMINATION September 14, 1992 CRA RATING Satisfactory Federal Reserve Bank of Kansas City SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION Friendly Bank of Oklahoma City, Oklahoma City, Oklahoma, for prior approval to establish a branch at 11920 South Western Avenue, Oklahoma City, Oklahoma. COMMENT PERIOD ENDING DATE Not Available SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING DATE Community Bankshares, Inc., Denver, Colorado, for prior approval to acquire 100 percent of the voting stock of First Medicine Lodge Bancshares, Inc., Medicine Lodge, Kansas.* Not Available Robert H. and Norma J. Garwood, Miami, Oklahoma, for prior approval to acquire 100 percent of the outstanding voting shares of Nine Tribes Bankshares, Inc., Quapaw, Oklahoma. Not Available James Plate, Harrisburg, Nebraska, for prior approval to increase his proportionate ownership in Banner County Ban Corporation, Harrisburg, Nebraska, from 9.93 percent to 36.42 percent. Not Available One Security of Kansas, Inc., Kansas City, Kansas, for prior approval to become a bank holding company through the acquisition of at least 80 percent of the voting shares of One Security, Inc., Kansas City, Kansas, Mission Bancshares, Inc., Mission, Kansas, Valley View Bancshares, Inc., Overland Park, Kansas, and Industrial Bancshares, Inc., Kansas City, Kansas.* Not Available Liberty Bancorp, Inc., Oklahoma City, Oklahoma, for prior approval to acquire 9 percent of the voting shares of F & M Bancorporation, Tulsa, Oklahoma.* Not Available Federal Reserve Bank of Kansas City SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE Brooke Holdings, Inc., and Brooke Corporation, both of Jewell, Kansas, for prior approval to acquire 100 percent of the voting shares of The Smith Insurance Agency, Inc., Beloit, Kansas. Not Available First State Bancshares, Inc., Scottsbluff, Nebraska, for prior approval to acquire at least 51 percent of the voting shares of Security Federal Savings & Loan Association, Cheyenne, Wyoming. Not Available SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION Lawton Security Bancshares, Inc., Lawton, Oklahoma, for prior approval to redeem 56,206 shares of its own voting common stock. Not Available SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS 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 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 in this group has a satisfactory 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. Federal Reserve Bank of Kansas City 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 The State Bank P.0. Box 539 Winfield, Kansas 09-14-92 12-08-92 Satisfactory 09-14-92 The Bank of Woodward P.O. Box 68 Woodward, Oklahoma 73802-0068 12-10-92 Satisfactory 09-14-92 12-10-92 Satisfactory 09-28-92 12-24-92 Satisfactory 12-24-92 Satisfactory Bank of Holden 123 W. 2nd Holden, Missouri 67156-0539 64040-1322 State Bank & Trust Co. P.O. Box 2077 Colorado Springs, Colorado 80901 The Gunnison Bank & Trust Co. 09-14-92 P.O. Box 119 Gunnison, Colorado 81230-0119 *Application is subject to CRA. CRA Rating FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF DECEMBER 14, 1992 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE ** NOTICE EXP APPLICATION Change in Control Notice by James William Collins, McAllen, TX, to acquire an interest in Gulf Southwest Bancorp, Inc., Houston, TX (Previously reported during the week of 11-23-92) Change in Control Notice by James William Collins, McAllen, TX, to acquire an interest in Texas Regional Bancshares, Inc., McAllen, TX (Previously reported during the week of 11-23-92) 92/12/05 92/12/04 Change in Control Notice by William Cotulla; Carl Huddleston; Daniel Kinsel III, and John Northcut, Cotulla, TX; and Andrew Lewis III, San Antonio, TX, to acquire an interest in Stockmens Financial Corporation, Cotulla, TX N/A ♦Section 3(a)(1) application by First Bancshares of Delaware, Inc., Wilmington, DE, to acquire The Hamilton National Bank, Hamilton, TX, and Bank of Tyler, Tyler, TX N/A SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION NOTICE EXP SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION * None. * SUBJECT TO CRA. ** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY. N/A - NOT AVAILABLE AT THIS TIME. SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS FOR THE WEEK OF DECEMBER 14, 1992 Outstanding record of meeting community credit needs. An institution in this group has an outstanding leader in, ascertaining and helping to meet the entire delineated community, including lowneighborhoods, in a manner consistent with capabilities. record of, and is a credit needs of its and moderate-income its resources and Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to Improve record of meeting community credit needs. An institution in this group need to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial Noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Bank None. Date of Examination CRA Rating FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 12/18/92 Section I - Applications Subject to Newspaper Notice Only A d d Iication Comment Period Ending Date None Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date The Sumitomo Bank, Limited, Tokyo, Japan, to maintain 13.74 percent interest in CPB, Inc., Honolulu, Hawaii. * Newspaper: Not available Fed. Rea.: 01/08/93 Security Bank Holding Company Employees Stock Ownership Plan, Coos Bay, Oregon, to become a bank holding company by acquiring 29.3 percent of Security Bank Holding Company, Coos Bay, Oregon. * Newspaper: 10/01/92 Fed. Reg.: 01/21/93 Section III - Applications Subject to Federal Register Notice Only A p p I ication Comment Period Ending Date The Sanwa Bank, Limited, Osaka, Japan, to expand activities to include the execution and clearance of, and providing advisory services with respect to trades in the Nikkei Stock Average future contracts and options on the Chicago Mercantile Exchange through Sanwa-BGK Futures, Inc., Chicago, I'L. Fed. Reg.: 01/04/93 Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice None * Subject to CRA FEDERAL RESERVE BANK OF SAN FRANCISCO (cont'd.) Week ending 12/18/92 Section V - Availability of CRA Public Evaluations The CRA public evaluations of the institution(s) below became available during the week ending December 18, 1992. Information about a particular institution's CRA evaluation may be obtained directly from the institution. Institution Location Examination Date Rating* None * Under the rating system an institution's CRA performance is assigned one of the following four ratings: Outstanding record of meeting community credit needs: An institution has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs: An institution has a satisfactory record of ascertaining and meeting the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs: An institution needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- to moderateincome 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 moderateincome neighborhoods, in a manner consistent with its resources and capabilities.
@FedFRASER