View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1995, No. 48
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending December 2, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS
TESTIMONY AND STATEMENTS
Daiwa Bank, Limited, Osaka, Japan, and Daiwa Bank
Limited, New York Branch -- statement by Chairman
Greenspan before the Senate Committee on Banking,
Housing, and Urban Affairs, November 27, 1995.
Published, November 27, 1995.
ADVISORY COUNCILS
Thrift Institutions Advisory Council.
Convened, December 1, 1995.
BANK HOLDING COMPANIES
Banc One Corporation, Columbus, Ohio, and Premier
Acquisition Corporation - - t o acquire Premier
Bancorp, Inc., Baton Rouge, Louisiana, and Premier
Bank, N.A., and to engage in discount securities
brokerage activities through acquisition of Premier
Secur it ie s Corporation.
Approved, November 29, 1995.
First National of Nebraska, Inc., Omaha, Nebraska
to engage de novo in computer network advisory
activities and providing network advice and
assistance to insured depository institutions
through First Technology Solutions, Inc.
Approved, November 27, 1995.
Mercantile Bancorporation, Inc., St. Louis,
Missouri - - t o acquire Security Bank of Conway,
F.S.B., Conway, Arkansas.
Approved, November 29, 1995.
ENFORCEMENT




Glendale Bancorporation, Voorhees, New Jersey,
Glendale National Bank of New Jersey; and the
Glendale National Bank of Pennsylvania, Upper
Darby, Pennsylvania -- order of prohibition and
order of assessment of a civil money penalty issued
jointly with the Office of the Comptroller of the
Currency against Constantinos I. Costalas, a former
institution-affiliated party of Glendale
Bancorporation, Glendale National Bank of New
Jersey, and Glendale Bank of Pennsylvania.
Announced, November 27, 1995.

H.2
NOVEMBER 27, 1995
PAGE 2

TO

DECEMBER 2, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

FORMS
Annual Report of Foreign Banking Organizations
(FR Y-7) and the Foreign Banking Organization
Confidential Report of Operations CFR 2068) -extension with revision.
Approved, November 27, 1995.
Foreign Banking Organization Structure Report of U.S.
Banking and Nonbanking Activities (FR Y-7A), a new
report.
Approved, November 27, 1995.
Notification Required Pursuant to Section 211.23(h)
of Regulation K on Acquisitions by Foreign Banking
Organizations (FR 4002) -- extension with revision.
Approved, November 27, 1995.
Report of Assets and Liabilities of U.S. Branches
and Agencies of Foreign Banks (FFIEC 002)
revisions.
Proposed, November 27, 1995.
INTERNATIONAL OPERATIONS




Citibank, N.A., New York, New York -- to establish a
branch in Sydney, Australia.
Approved, December 1, 1995.

H.2
NOVEMBER 27, 1995
PAGE 3

TO

DECEMBER 2, 1995

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

ABBREVIATIONS: BS&R * Banking Supervision and Regulation; C&CA - Consumer and
Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve
Bank Operations; IF - International Finance; OSDM - Office of Staff Director
for Management
BANK BRANCHES. DOMESTIC




Atlanta

Bank South, Atlanta, Georgia -- to establish a branch
at 910 Highway 78, Loganville, Georgia.
Approved, December 2, 1995.

Atlanta

Bank South, Atlanta, Georgia -- to establish a branch
at 100 Whitlock Avenue, Marietta, Georgia.
Approved, December 2, 1995.

Chicago

Baylake Bank-Kewaunee, Kewaunee, Wisconsin -- to
establish a branch at 2260 Bay Settlement Road,
Green Bay; Intersection of Voyager Drive, and Huron
Road; 9679 Highway 57, Brussels; 7842 Egg Harbor,
Egg Harbor; 12036 Highway 42, Ellison Bay; 9405
Highway 42, Fish Creek; 636 South Bay Shore Drive,
Sister Bay; 34 West Maple Street, Sturgeon Bay;
217 North 4th Avenue, and RR 1 Box 24, Washington
Island, Wisconsin.
Approved, November 30, 1995.

Chicago

Byron Center State Bank, Byron Center, Michigan --to
establish a branch at 4350 44th Street, Grandville,
Michigan.
Approved, November 30, 1995.

Richmond

Citizens Bank and Trust Company, Fairfax, Virginia -to establish a branch at the intersection of U.S.
Route 15 South and Belmont Circle, Farmville,
Virginia.
Approved, November 28, 1995.

Chicago

Comerica Bank, Detroit, Michigan --to establish a
branch at 1116 Robbins Road, Grand Haven, Michigan.
Approved, December 1, 1995.

Minneapolis

Dakota Western Bank, Bowman, North Dakota --to
establish a branch in Scranton, North Dakota.
Approved, November 28, 1995.

Cleveland

Farmers Bank and Savings Company, Pomeroy, Ohio - - t o
establish a branch at 150 Upper River Road,
Gallipolis, Ohio.
Approved, November 29, 1995.

H.2
NOVEMBER 27, 1995
PAGE 4

TO

DECEMBER 2, 1995

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

BANK BRANCHES. DOMESTIC
Richmond

George Mason Bank, Fairfax, Virginia --t o establish
a branch at 2300 Ninth Street South, Arlington,
Virginia.
Approved, December 1, 1995.

Chicago

Hawkeye Bank of Des Moines, Des Moines, Iowa -- to
establish a branch at 305 South Ankeny Boulevard,,
Ankeny, Iowa.
Approved, November 30, 1995.

San Francisco

Sun City Bank, Sun City, Arizona - - t o establish a
branch at 11122 West Alabama, Suite A, Youngstown,
Arizona.
Approved, November 27, 1995.

New York

West Jersey Community Bank, Fairfield, New Jersey
to establish a branch at 378 Bloomfield Avenue,
Caldwell, New Jersey.
Approved, November 27, 1995.

Secretary

West One Bank, Idaho, Boise, Idaho
to establish a
branch in the Albertson's Supermarket at 1901 South
2500 East, Ammon, Idaho.
Approved, November 29, 1995.

BANK HOLDING COMPANIES




Chicago

ABN AMRO Bank N.V., Amsterdam, The Netherlands, and
ABN AMRO Holdings N.V.; and Stichting Prioriteit
ABN AMRO Holding -- to acquire Neville Leasing,
Inc. Atlanta, Georgia.
,
Permitted, November 29, 1995,

Atlanta

Alabama National Bancorporation, Shoal Creek, Alabama
- - t o merge with National Commerce Corporation,
Birmingham, Alabama, and acquire Commerce
Bankshares, Inc., National Bank of Commerce of
Birmingham, Birmingham, Alabama, and Talladega
Federal Savings & Loan Association, Talladega,
Alabama.
Approved, December 1, 1995,

H.2
NOVEMBER 27, 1995
PAGE 5

TO

DECEMBER 2, 1995

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

BANK HOLDING COMPANIES




Kansas City

BOK Financial Corporation, Tulsa, Oklahoma --to
acquire Security National Bancshares of Supulpa,
Inc., Sapulpa, Oklahoma.
Approved, November 27, 1995.

St. Louis

Campbellsville Bancorp, Inc., Corbin, Kentucky -- to
acquire Campbellsville National Bank.
Approved, November 27, 1995.

Atlanta

Community Bancshares of Mississippi, Inc., Forest,
Mississippi, and Community Bancshares of
Mississippi, Inc., Employee Stock Ownership Plan -to merge with Community Bancshares of Indianola,
Indianola, Mississippi, and acquire Community Bank.
Approved, November 29, 1995.

Secretary

First National of Nebraska, Inc., Omaha, Nebraska -to acquire Integrated Planning Systems, Inc.,
Bellevue, Nebraska.
Approved, November 30, 1995.

Minneapolis

FW Financial, Inc., Huron, South Dakota -- to acquire
First Western Bancorp, Inc.
Approved, November 28, 1995.

New York

Great Falls Bancorp, Totowa, New York --to acquire
Bergen Commercial Bank, Paramus, New Jersey.
Approved, November 29, 1995.

St. Louis

Lonoke Bancshares, Inc., Lonoke,.Arkansas --to
acquire First State Bank of Gurdon, Gurdon,
Arkansas.
Approved, November 28, 1995.

San Francisco

Northern California Bancorp, Inc., Monterey,
California - - t o acquire Monterey County Bank.
Approved, November 28, 1995.

Chicago

Olympia Bancorporation, Inc., Employee Stock
Ownership Plan, Chicago Heights, Illinois -extension to March 5, 1996, to acquire Olympia
Bancorporation, Inc., and Heritage Olympia Bank.
Approved, November 30, 1995.

H.2
NOVEMBER 27, 1995
PAGE 6

TO

DECEMBER 2, 1995

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

BANK HOLDING COMPANIES




Boston

Passumpsic Bancorp, St. Johnsbury, Vermont -- to
acquire Passumpsic Savings Bank.
Approved, December 1, 1995.

Dallas

Peoples Holding Corporation, Minden, Louisiana -- to
acquire First State Bank & Trust Company, Plain
Dealing, Louisiana.
Approved, November 28, 1995.

Richmond

Pioneer Community Group, Inc., Iaeger, West Virginia
-- to acquire Bank of Iaeger.
Approved, December 1, 1995.

Atlanta

Regions Financial Corporation, Birmingham, Alabama to merge with Metro Financial Corporation, Atlanta
Georgia, and acquire Metro Bank.
Approved, December 1, 1995.

Dallas

Reunion Bancshares * Delaware, Inc., Dover,
Delaware -- request for waiver of application to
acquire Reunion Bank, Dallas, Texas.
Approved, November 28, 1995.

Dallas

T B & T Holdings, Inc., Dover, Delaware
request
for waiver of application to acquire Texas Bank &
Trust, N.A., Dallas, Texas.
Approved, November 27, 1995.

Director, BS&R

Thomasville Bancshares, Inc., Thomasville, Georgia registration as transfer agent.
Approved, November 28, 1995.

Kansas City

United Nebraska Financial Company, Grand Island,
Nebraska, and Stine Family Partnership
to each
acquire shares of Lexington Bancshares, Inc.,
Lexington, Nebraska.
Withdrawn, November 27, 1995.

H.2
NOVEMBER 27, 1995
PAGE 7

TO

DECEMBER 2, 1995

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

BANK MERGERS




Atlanta

Barnett Bank of Polk County, Lakeland, Florida -- to
merge with First Federal Savings & Loan Association
of Lake Wales, Lake Wales, Florida, and acquire
certain assets and assume certain liabilities of
First Federal.
Approved, December 1, 1995.

Chicago

Baylake Bank-Kewaunee, Kewaunee, Wisconsin --to
merge with Baylake Bank, and establish branches.
Approved, November 30, 1995.

Atlanta

Citizens Bank of Talladega, Talladega, Alabama --to
merge with Talladega Federal Savings & Loan
Association.
Approved, December 1, 1995.

Chicago

Hawkeye Bank of Des Moines, Des Moines, Iowa -- to
merge with Hawkeye Bank of Ankeny, Ankeny, Iowa,
and establish a branch.
Approved, November 30, 1995.

Atlanta

Republic Security Bank, West Palm Beach, Florida -to merge with a branch of Century Bank, F.S.B.,
Sarasota, Florida, at 4871 Okeechobee Boulevard,
West Palm Beach, Florida.
Approved, November 30, 1995.

Chicago

Tri-County Bank, Brown City, Michigan - - t o purchase
the assets and assume the liabilities of the Yale,
Michigan, branch of NBD Bank, Detroit, Michigan.
Approved, November 29, 1995.

Chicago

Tri-County Bank, Brown City, Michigan - -to purchase
the assets and assume the liabilities of the Peck,
Michigan, branch of NBD Bank, Detroit, Michigan.
Approved, November 29, 1995.

Richmond

Triangle Bank, Raleigh, North Carolina -- to acquire
branches in Benson, Clayton, Havelock, and Mount
Olive, North Carolina, of First Union Bank of North
Carolina, Charlotte, North Carolina.
Approved, December 1, 1995.

H.2
NOVEMBER 27, 1995
PAGE 8

TO

DECEMBER 2, 1995

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

BANK PREMISES
Chicago

Northern Trust Company, Chicago, Illinois -investment in bank premises.
Approved, December 1, 1995.

CAPITAL STOCK
Kansas City

Dighton National Bancshares, Inc., Dighton, Kansas -redemption of shares.
Approved, December 1, 1995.

Kansas City

Higginsville Bancshares, Inc., Higginsville, Missouri
-- redemption of shares.
Approved, November 28, 1995.

CHANGE IN BANK CONTROL
Chicago

Baxter Insurance Agency, Inc., Baxter, Iowa -- change
in bank control.
Permitted, December 1, 1995.

St. Louis

Cecilian Bancorp, Inc., Cecilia, Kentucky
in bank control.
Permitted, November 30, 1995.

Kansas City

Dighton National Bancshares, Inc., Dighton, Kansas -change in bank control.
Permitted, December 1, 1995.

Kansas City

Higginsville Bancshares, Inc., Higginsville, Missouri
-- change in bank control.
Permitted, November 28, 1995.

Dallas

Zapata Bancshares, Inc., Mercedes, Texas ”
bank control.
Returned, November 29, 1995.

change

change in

COMPETITIVE FACTORS REPORTS




Boston

Chittenden Acquisition Bank, Worcester,
Massachusetts, proposed merger with Flagship Bank
and Trust Company -- report on competitive factors.
Submitted, November 29, 1995.

H.2
NOVEMBER 27, 1995
PAGE 9

TO

DECEMBER 2, 1995

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

COMPETITIVE FACTORS REPORTS




Atlanta

Citizens Financial Services, Inc., Greensboro,
Georgia, proposed acquisition of the assets and
assumption of the liabilities of Citizens Union
Bank, with CU Bank merging with Interim C.U. Bank - report on competitive factors.
Submitted, November 29, 1995.

St. Louis

Commerce Bank, N.A., Poplar Bluff, Missouri, proposed
merger with Commerce Bank, N.A., Clayton,
Missouri -- report on competitive factors.
Submitted, November 30, 1995.

Dallas

Commercial National Bank, Dallas, Texas, proposed
merger with United Bank & Trust, N.A., Dallas,
Texas -- report on competitive factors.
Submitted, November 30, 1995.

Richmond

Fayette County National Bank, Inc., Fayetteville,
West Virginia, proposed merger with Fayette County
Interim National Bank -- report on competitive
factors.
Submitted, November 27, 1995.

San Francisco

First Community Bank of Washington, Lacey,
Washington, proposed merger with Citizens First
Bank -- report on competitive factors.
Submitted, November 30, 1995.

Boston

First Massachusetts Bank, National Association,
Worcester, Massachusetts, proposed acquisition of
the assets and assumption of the liabilities of
thirteen branches of Shawmut Bank, National
Association, Boston, Massachusetts -- report on
competitive factors.
Submitted, November 30, 1995.

Richmond

First-Citizens Bank and Trust Company of South
Carolina, Columbia, South Carolina, proposed
purchase of certain assets and assumption of
certain liabilities of the Marion, South Carolina,
branch of First Palmetto Savings Bank, FSB, Camden,
South Carolina -- report on competitive factors.
Submitted, November 27, 1995.

H.2
NOVEMBER 27, 1995
PAGE 10

TO

DECEMBER 2, 1995

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

COMPETITIVE FACTORS REPORTS
Atlanta

Harbor Financial, M.H.C., Fort Pierce, Florida,
proposed acquisition of the assets and assumption
of the liabilities of Treasure Coast Bank, A
Federal Savings Bank, Stuart, Florida, with
Treasure Coast Bank merging with Interim Harbor FSB
-- report on competitive factors.
Submitted, November 29, 1995.

New York

Middletown Savings Bank, Middletown, New York,
proposed acquisition of certain assets and
assumption of certain liabilities of the New York
branches in Carmel, Liberty, Mahopac, Monticello,
Port Jervis, Spring Valley, Warwick, and
Washingtonville of First Nationwide Bank, Dallas,
Texas -- report on competitive factors.
Submitted, December 1, 1995.

Cleveland

Northwest Savings Bank, Warren, Pennsylvania,
proposed merger with First Federal Savings Bank of
Kane, Kane, Pennsylvania -- report on competitive
factors.
Submitted, November 27, 1995.

Philadelphia

Wayne Bank, Honesdale, Pennsylvania, proposed merger
with Wayne Interim Bank -- report on competitive
factors.
Submitted, December 1, 1995.

EXTENSIONS OF TIME




Chicago

Comerica Incorporated, Detroit, Michigan7 and
Comerica California Incorporated, San Jose,
California -- extension to March 4, 1996, to
acquire Metrobank, Los Angeles, California.
Granted, November 30, 1995.

Cleveland

Towne Bancorp, Inc., Perrysburg, Ohio -- extension to
February 14, 1996, to acquire Towne Bank.
Granted, November 27, 1995.

Cleveland

Towne Bank, Perrysburg, Ohio -- extension to
February 14, 1995, to become a member of the
Federal Reserve System.
Granted, November 27, 1995.

H.2
NOVEMBER 27, 1995
PAGE 11

TO

DECEMBER 2, 1995

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

MEMBERSHIP
Atlanta

Coconut Grove Bank, Miami, Florida - - t o become a
member of the Federal Reserve System.
Approved, December 1, 1995.

Chicago

M&I Madison Bank, Madison, Wisconsin -- to become a
member of the Federal Reserve System.
Approved, November 30, 1995.

REGULATIONS AND POLICIES
Secretary

Regulation DD -- publication for comment on proposed
revisions to the official staff commentary to the
regulation.
Approved, December 1, 1995.

Secretary

Regulation Z -- publication for comment on proposed
revisions to the official staff commentary to the
regulation.
Approved, December 1, 1995.

RESERVE BANK SERVICES




Director, BS&R

Federal Reserve Bank of St. Louis -- to implement a
range of image-based commercial check products at
the Little Rock and Memphis Branches.
Approved, December 1, 1995.

H.2

ADDITIONS AND CORRECTIONS

NOVEMBER 27, 1995
PAGE 12

TO

DECEMBER 2, 1995

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

COMPETITIVE FACTORS REPORTS




San Francisco

Finance Factors Limited, Honolulu, Hawaii, proposed
acquisition of the assets and assumption of the
liabilities of three branches of First Hawaiian
Bank -- report on competitive factors.
Submitted, November 22^ 1995.

Kansas City

FirsTier Bank, N.A., Omaha, Nebraska, proposed merger
with FirstBank; FirsTier Bank, Lincoln; FirsTier
Bank, Norfolk; and FirsTier Bank, Scottsbluff,
Nebraska -- report on competitive factors.
Submitted, November 22, 1995.

San Francisco

Pacific Business Bank, Carson, California, proposed
merger with Santa Fe National Bank, Norwalk,
California -- report on competitive factors.
Submitted, November 20, 1995.

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

Banknorth Group, Inc.,
Burlington, Vermont 3(a)(3) application
to acquire First
Massachusetts Bank,
N.A., Worcester,
Massachusetts*
The Safety Fund Corporation,
Fitchburg, Massachusetts Change in Bank Control
notification filed by
David Massad

Newspaper

12-15-95

Federal Register

12-11-95

Newspaper

12-18-95

Federal Register

12-15-95

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Application

Comment Period Ending Date

NONE

SECTION IV - APPLICATIONS NOT SUBJECT TO
FEDERAL REGISTER OR NEWSPAPER NOTICE
Application
NONE
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Institution

Examination Date

Rating**

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



"N" - Needs to

Federal Reserve Bank of New York
Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
___________ Notice Only___________
Peapack-Gladstone Bank, Gladstone, New Jersey, to
establish a branch at 350 Main Street, Chester, New Jersey. 1/

12/22/95

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
Notice of Change in Bank Control on behalf of
Roger G. Wilmers, Buffalo, New York, with respect to 24.9%
of the shares of First Empire State Corporation,
Buffalo, New York.

N/A

SECTION III
Nonbanking Applications
(subject to Federal Register Notice Only)
Notice by UJB Financial Corporation, Princeton, New Jersey,
to engage through its subsidiary, UJB Commercial Corporation,
Stamford, Connecticut, in commercial finance and factoring
activities and leasing personal property.

N/A

Compagnie Financiere de Paribas, Paris, France, to engage
through an, as yet, unformed de novo subsidiary of its indirect
subsidiary, Serna Group, London, England, to provide data
processing services and facilities, particularly software for
processing mobile telephone billing data.
12/18/95
Dresdner Bank AG, Frankfurt, Germany, to retain indirectly the
shares of US subsidiary of Kleinwort Benson Group, pic, London,
England, and thereby engage in the US in various securities-related
activities, including the provision of investment and financial
advice and corporate and financial advice, securities brokerage
services, leasing activities, securities underwriting and dealing
activities (including with respect to ineligible securities),
private placement, and riskless principal activities.
12/29/95
SECTION IV
Applications Not Involving
______ Public Comment______
None.
SECTION V
Availability of CRA Public Evaluations
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following group:




Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record
of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources an
capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record
of ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate- income neighbor­
hoods, in a manner consistent with its resources and capabilities.
Week Ending December 2, 1995
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 Availables




FEDERAL RESERVE BANK OF PHILADELPHIA

Section I - APPLICATIONS RECEIVED AND SUBJECT TO NEWSPAPER NOTICE ONLY
NONE
SECTION II - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER
NOTICE
Drovers Bancshares Corporation, York, PA, is the subject of a Change in Bank Control
filed by Robert H. Stewart, Jr., Karylee Gilbert, Terrence S. Stewart, and Gary A.
Stewart, et al., York, PA, to retain control of up to 15% of the holding company,
pursuant to the Change in Bank Control Act.
Federal Register comment period expires:
Newspaper Notice comment period expires:

11/27/95
N/Avail

Norwood Financial Coro*. Honesdale, PA to become a bank holding company through the
acquisition of 100% of the voting shares of Wayne Bank, Honesdale, PA, pursuant to
Section 3(a)(1) of the Bank Holding Company Act of 1956, as amended.
Federal Register comment period expires:
Newspaper Notice comment period expires:

N/Avail
11/24/95

New Century Bank/ Phoenixville, PA, is the subject of a Change in Bank Control filed
by Kenneth B. Mumma and Moira F. Mumma, Chester Springs, PA, to acquire control of up
to 27.5% of the proposed bank, pursuant to the Change in Bank Control Act.
Federal Register comment period expires:
Newspaper Notice comment period expires:

N/Avail
N/Avail

SECTION III - APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL REGISTER NOTICE ONLY
NONE
SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL REGISTER NOTICE OR
NEWSPAPER NOTICE




NONE

FEDERAL RESERVE BANK OF PHILADELPHIA

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following institutions were examined for CRA* The 30-business day period the bank
has to make the evaluation public has lapsed during the week ending December 1, 1995.
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 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
capabi1it ies.
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/Locat ion

Examination Date

CRA Rating

NONE

NONE

NONE




F ed er a l R eserv e B ank
of C lev ela n d
P. O. BOX 6387
CLEVELAND, OHIO 44101-1387

APPLICATIONS BULLETIN
(For the week ending December 2, 1995)
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY

n

NONE

SECTION - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL
REGISTER NOTICE
Application by National City Corporation, Cleveland, Ohio
to acquire Integra Financial Corporation, Pittsburgh,
Pennsylvania, and its bank and nonbank subsidiaries
pursuant to Sections 3 and 4 of the Bank Holding
Company Act.

The Board of Governors of the
Federal Reserve System has extended
the time period for the public to
comment on these applications until
December 22, 1995.

SECTION HI - 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



AVAILABILITY OF CRA PUBLIC EVALUATIONS
(December 1, 1995)
The following state member banks have been examined by the Federal Reserve Bank of
Cleveland for compliance with The Community Reinvestment Act. A public evaluation
document became available from the bank(s) listed below during the week ended December 1,
1995. If you are interested in obtaining a copy of an evaluation document, please contact the
bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING: a bank in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
SATISFACTORY: a bank in this group has a satisfactory record 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: 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 moderate-income 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 low- and moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
Chippewa Valley Bank
20 South Main Street
P.O. Box 26
Rittman, Ohio 44270
Rating: Less than satisfactory
Exam Date: 8-14-95




Federal Reserve Bank of Richmond
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

Scotland Bancorp, Inc., Laurinburg,
North Carolina, to become a bank holding
company through the acquisition of 100%
of the voting shares of Scotland Savings
Bank, SSB, Laurinburg, North Carolina.1
*

12-26-95

First United Bancorporation, Anderson,
South Carolina, to acquire 100% of the
voting shares of The Community Bank of
Greenville, N.A., Greenville, South
Carolina, an organizing bank.*

12-28-95

James River Bankshares, Inc., Suffolk,
Virginia, to acquire Bank of Isle of
Wight, Smithfield, Virginia.*

12-29-95**

Section III - Applications Subj
Application
Poca Valley Bankshares, Inc., Walton,
West Virginia, to engage in insurance
agency activities through a new sub­
sidiary, Poca Valley Insurance and
Financial Services Co., Inc., Walton,
West Virginia, at offices located in
Clendenin, Elkview, and Walton, West
Virginia.
CCB Financial Corporation, Durham, North
Carolina, to engage in making, acquiring
or servicing loans or other extensions
of credit.

to Federal Register Notice
Comment Period Ending Date

12-1-95**

12-19-95**

*Application is subject to CRA requirements.
**Expiration of comment period specified in the Federal Register.




Federal Reserve Bank of Richmond

Section III - Applications Subject to Federal Register Notice--contd.
Application

Comment Period Ending Date

Carolina First Corporation, Greenville,
South Carolina, to acquire Blue Ridge
Finance Company, Inc., Greenville, South
Carolina.

Not yet available.

Southern National Corporation, WinstonSalem, North Carolina, to engage in making,
acquiring, or servicing loans or other
extensions of credit.

Not yet available.

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




Federal Reserve Bank of Richmond
Availability of CRA Public Evaluations

Week ending December 1, 1995

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

Rating

Fairfax Bank & Trust Company
4117 Chain Bridge Road
Fairfax, Virginia 22030

9-11-95

Satisfactory

Barbour County Bank
107 Pike Street
Phillipi, West Virginia

9-11-95

Satisfactory

9-18-95

Satisfactory

26416

Bank of Isle of Wight
1803 Church Street
Smithfield, Virginia 23430




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending December 1, 1995
Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

None.
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

The Weatherford Foundation of Red Bay, Alabama, Inc.
Not yet available*
Red Bay, Alabama
After-the-fact change in control notice by Ms. Ruth Cain Thorne to retain the
power to vote, in her capacity as trustee of The Weatherford Foundation of Red
Bay, Alabama, Inc., Red Bay, Alabama (Foundation), 60.90 percent of Independent
Bancshares, Inc., Red Bay, A1 (Bancshares) . Foundation is the top tier bank
holding company of Bancshares, which, in turn, owns Bank of Red Bay, Red Bay,
Alabama.
Republic Bancshares, Inc.
Not yet available*
S t . Petersburg,
Notice for 1-BHC formation, Republic Bank, St. Petersburg, Florida.
ABS Investors, LLC
12-28-95*
Atlanta, Georgia
Newspaper
1-BHC formation to acquire Cobb American Bank & Trust Company, Marietta, Georgia,
through the 50.1 percent acquisition of its parent company, American Bankshares,
Inc. Marietta, Georgia.
,
Central and Southern Holding Company
Not yet available*
Mi11edgevilie, Georgia
For its bank subsidiary, Central and Southern Bank of Greensboro, Greensboro,
Georgia, to merge with and into Interim Central and Southern Bank of Greensboro,
Greensboro, Georgia, an interim thrift, pursuant to Section 3(a) (4) of the Bank
Holding Company Act. The interim bank's charter will survive and operate under
the name Central and Southern Bank of North Georgia.
The First Bancshares, Inc.
Hattiesburg, Mississippi
1-BHC formation,
The First
Mississippi.

01-02-96*
National

Bank

of

Mississippi,

Hattiesburg,

Wilson Bank Holding Company
Not yet available*
Lebanon, Tennessee
To acquire DeKalb Bank & Trust, Smithville, Tennessee (in organization), pursuant
to Section 3(a)(3) of the Bank Holding Company Act.

♦Subject to the provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending December 1. 1995
Section 3 - Applications Subject to Federal Register Only
Application

Comment Period Ending Date

First Bancshares, Inc.
12-20-95
Grove Hill, Alabama
After-the-fact notice to continue engaging, through its subsidiary, I & I, Inc.,
Grove Hill, Alabama, in insurance agency activities, pursuant to Section 4(c) (8)
of the Bank Holding Company Act and Section 225.25 (b) (8) (iii) of Regulation Y.
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
AmSouth Bancorporation
Birmingham, Alabama
Commitment modification request.
Mansura Bancshares, Inc.
Mansura, Louisiana
Commitment waiver request.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending December 1

.

1995

Section 10 - Availability of CRA Public Evaluations
The CRA public evaluations of the insured depository institutions listed below
became available during this week.
Information about an institution's CRA
evaluation may be obtained directly from the institution. In connection with the
assessment of an institution's CRA performance, a rating is assigned from the
following groups:
Outstanding record of meeting community credit needs:
An institution has an
outstanding record of, and is a leader in, ascertaining and helping to meet the
credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs:
An institution has a
satisfactory record of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs: An institution needs
to improve its overall record of ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs: An institution has
a substantially deficient record of ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Bank
None.




Rating

Examination
Date

Federal Reserve Bank of Atlanta
Applications Bulletin for week Ending December 1. 1995
Recently Approved Applications

Approval Date

Alabama National BanCorporation
12-01-95
Shoal Creek, Alabama
To merge with National Commerce Corporation, Birmingham, Alabama, and thereby
directly acquire Commerce Bankshares, Inc., Birmingham, Alabama, and National
Bank of Commerce, Birmingham, Alabama, pursuant to Section 3(a) (5) of the Bank
Holding Company Act.
Citizens Bank of Talladega
12-01-95
Birmingham, Alabama
To merge with Talladega Federal Savings and Loan Association, Talladega, Alabama,
pursuant to Section 18(c) of the Federal Deposit Insurance Act.
Regions Financial Corporation
12-01-95
Birmingham, Alabama
To merge with Metro Financial Corporation, Atlanta, Georgia, and thereby directly
acquire its subsidiary, Metro Bank, Atlanta, Georgia, pursuant to Section 3(a) (5)
of the Bank Holding Company Act.
Barnett Bank of Polk County
12-01-95
Lakeland, Florida
To merge with First Federal Savings & Loan Association of Lake Wales, Lake Wales,
Florida, pursuant to Section 18(c) of the Federal Deposit Insurance Act.
Barnett Bank of Polk County
12-01-95
Lakeland, Florida
To acquire certain assets and assume certain liabilities of First Federal Savings
& Loan Association of Lake Wales, Lake Wales, Florida, pursuant to Section
5(d) (3) of the Federal Deposit Insurance Act, as amended by the Federal Deposit
Insurance Corporation Improvement Act of 1991.
Coconut Grove Bank
12-01-95
Miami, Florida
To become a member of the Federal Reserve System, pursuant to Section 9 of the
Federal Reserve Act and Section 208.4 of Regulation H.
Republic Security Bank
11-30-95
West Palm Beach, Florida
To merge with a branch of Century Bank, F.S.B., Sarasota, Florida, located at
4781 Okeechobee Boulevard, West Palm Beach, Florida, pursuant to Section 18(c)
of the Federal Deposit Insurance Act.
Bank South
12-02-95
Atlanta, Georgia
To establish a branch located at 100 Whitlock Avenue, Marietta, Georgia, to be
known as the Burnt Hickory Branch, pursuant to Section 9 of the Federal Reserve
Act.
Bank South
12-02-95
Atlanta, Georgia
To establish a branch located at 910 Highway 78, Loganville, Georgia, to be known
as the Rosebud Kroger Branch, pursuant to Section 9 of the Federal Reserve Act.
Community Bancshares of Mississippi, Inc.
11-29-95
Forest, Mississippi
Along with Community Bancshares of Mississippi, Inc., Employee Stock Ownership
Plan, both of Forest, Mississippi (collectively Applicants), to merge with
Community Bancshares of Indianola, Indianola, Mississippi, and thereby directly
acquire Community Bank, Indianola, Mississippi, pursuant to Section 3(a)(5) of
the Bank Holding Company Act.




Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only
Type

Application

Comment Period
Ending Date

Merger/Branch

Chemical Bank Bay Area
Bay City, Michigan
Chemical Bank Huron
Standish, Michigan
220 S. Main Street
Standish, Michigan

NP - 12-1-95

Branch

Chemical Bank Bay Area
Bay City, Michigan
144 W. Huron
AuGres, Michigan

NP - 12-1-95

Branch

Chemical Bank Bay Area
Bay City, Michigan
211 Harrison
Prescott, Michigan

NP - 12-1-95

Branch

Chemical Bank Bay Area
Bay City, Michigan
3858 N. M-13
Pinconning, Michigan

NP - 12-1-95

Branch

First Farmers Bank & Trust Company
Converse, Indiana
10077 North State Road 37
Elwood, Indiana

NP - 11-27-95

Branch

Citizens Bank and Trust Company
Belle Plaine, Iowa
706-12th Street
Belle Plaine, Iowa

NP - 12-1-95

EFT

M&I First American Bank
Wausau, Wisconsin
200 3rd Street
Wausau, Wisconsin

NP - 12-8-95




Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only
Continued
Comment Period
Ending Date

Type

Application

EFT

M&I Mid State Bank
Stevens Point, Wisconsin
1000 East Riverview Express
Wisconsin Rapids, Wisconsin

NP - 12-8-95

EFT

M&I Marshall & Ilsley Bank
Milwaukee, Wisconsin
2523 East Oklahoma Avenue
Milwaukee, Wisconsin

NP - **

EFT

M&I Central Bank & Trust
Marshfield, Wisconsin
10492 Hwy 13 South
Marshfield, Wisconsin

NP - **

EFT

M&I Marshall & Ilsley Bank
Milwaukee, Wisconsin
7700 West Brown Deer Road
Brown Deer, Wisconsin

NP _ **

EFT

M&I Marshall & Ilsley Bank
Milwaukee, Wisconsin
5300 South 76 Street
Greendale, Wisconsin

NP - **

EFT

M&I Marshall & Ilsley Bank
Milwaukee, Wisconsin
2900 West Oklahoma Avenue
Milwaukee, Wisconsin

NP - **

Branch

M&I Central State Bank
Oshkosh, Wisconsin
33 West Pioneer Road
Fond du Lac, Wisconsin

NP - 11-23-95




Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only Continued
Comment Period
Ending Date

Type

Application

Merger/Branches

Firstar Bank Minocqua
Minocqua, Wisconsin
Firstar Bank Madison, N.A.
Madison, Wisconsin
Firstar Bank Wausau, N.A.
Wausau, Wisconsin
Firstar Bank Grantsburg, N.A.
Grantsburg, Wisconsin
Firstar Bank Eau Claire, N.A.
Eau Claire, Wisconsin
Firstar Bank Rice Lake, N.A.
Rice Lake, Wisconsin
Firstar Bank Manitowoc
Manitowoc, Wisconsin
Firstar Bank Oshkosh, N.A.
Oshkosh, Wisconsin
Firstar Bank Green Bay
Green Bay, Wisconsin
Firstar Bank Fond du Lac, N.A.
Fond du Lac, Wisconsin
Firstar Bank Sheboygan, N.A.
Sheboyan, Wisconsin
Firstar Bank Appleton
Appleton, Wisconsin
and thereby establish 54 branches

NP - **

Y-l Notice

Newell Bancshares, Inc.
Newell, Iowa
First Community Bank
Newell, Iowa

NP - 12-7-95




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

Type

Application

Y-l

CJSB Bancorporation
Columbus Junction, Iowa
Columbus Junction State Bank
Columbus Junction, Iowa*

NP - 12-22-95
FR - 12-22-95

Y-2

Dentel Bancorporation
Victor, Iowa
Corydon Bancorporation
Corydon, Iowa
Corydon State Bank
Corydon, Iowa*

FR - 10-31-95
NP - 12-1-95

Y-2

United Community Bancorp
Chatham, Illinois
State Bank of Auburn
Auburn, Illinois*

FR - 11-27-95
NP - 11-5-95

Y-2

WFC, Inc.
Waukon, Iowa
Viking State Bank & Trust
Decorah, Iowa (in organization)*

FR - 11-24-95
NP - 12-15-95

Y-2

F & M Bancorporation, Inc.
Kaukauna, Wisconsin
Monycor Bancshares, Inc.
Superior, Wisconsin
Monycor Bank of Superior
Superior, Wisconsin*

FR - 12-7-95
NP - 11-27-95

Y-l

West Pointe Bancshares, Inc.
Oshkosh, Wisconsin
West Pointe Bank
Oshkosh, Wisconsin (in organization)*

FR - 12-22-95
NP - 12-18-95

Y-2

ISB Financial Corp.
Iowa City, Iowa
W.S.B. Inc.
Washington, Iowa
Washington State Bank
Washington, Iowa*

FR - 12-11-95
NP - 12-8-95




Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice
Continued
Comment Period
Ending Date

Type

Application

Y-2

Oelwein Bancorporation
Minneapolis, Minnesota
Lakeside Credit Co., Inc.
Minneapolis, Minnesota
First Trust and Savings Bank
Cedar Rapids, Iowa*

FR - 12-4-95
NP - 12-21-95

Y-2

Security National Corporation
Sioux City, Iowa
Sheldon Security Bancorporation
Sheldon, Iowa
Sheldon Security Financial Corporation
Sheldon, Iowa
Security State Bank
Sheldon, Iowa*

FR - 12-1-95
NP - 12-1-95

Y-l

FNB Financial Corporation
Three Rivers, Michigan
First National Bank of Three Rivers
Three Rivers, Michigan*

FR - 12-22-95
NP . **

Y-l

Reliance Bancshares, Inc.
Milwaukee, Wisconsin
Reliance Savings Bank
Milwaukee, Wisconsin*

FR - 12-21-95
NP - 12-18-95

Y-2

Chemical Financial Corporation
Midland, Michigan
State Savings Bancorp, Inc.
Caro, Michigan
State Savings Bank of Caro
Caro, Michigan*

FR - 1-2-96
NP - **

Y-2

First Decatur Bancshares, Inc.
Decatur, Illinois
First Shelby Financial Group, Inc.
Shelbyville, Illinois
First Trust Bank of Shelbyville
Shelbyville, Illinois*

FR - 1-2-96
NP - **




Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice
Continued
IXBS
Y-l

Y-2




Application
Associated Banc-Shares, Inc.
Madison, Wisconsin
SBL Capital Bank Shares, Inc.
Lodi, Wisconsin
State Bank of Lodi
Lodi, Wisconsin*
Associated Banc-Corp
Green Bay, Wisconsin
SBL Captial Bank Shares, Inc.
Lodi, Wisconsin
State Bank of Lodi
Lodi, Wisconsin*

Comment Period
Ending Date
PR . **
_ **

PR _ **
NP - **

Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only
Comment Period
Ending Date

le
ye

Application

4(c)(8)

Caisse Nationale de Credit Agricole S.A.
Paris, France
to provide investment and financial advisory services;
engage in brokerage of various swap and swap derivative
transaction and provide certain other financial services to
Institutional customers through CAL FP (US), Inc.,
New York, New York, a de novo subsidiary of Credit
Agricole Lazard Financial Products Bank

FR - 12-18-95

4(c)(8)

Guaranty Bankshares, Ltd.
Cedar Rapids, Michigan
to engage in making and servicing of loans

FR - 11-27-95

4(c)(8)

Old Kent Financial Corporation
Grand Rapids, Michigan
Republic Mortgage Corp.
Salt Lake City, Utah
to engage in residential and commercial mortgage
banking business

FR - 12-11-95

4(c)(8)

Republic Bancorp, Inc.
Owosso Michigan
Premier Partners - James R. Gary Realtors
Woodland Hills, California
to engage in originating, funding & servicing residential
mortgage loans on a retail basis

FR - 11-28-95

4(c)(8)

Reliance Bancshares, Inc.
Milwaukee, Wisconsin
to engage in making and servicing loans

FR - 12-21-95




Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only
Continued
Comment Period
Ending Date

Type

Application

4(c)(8)

Premier Financial Services, Inc.
Freeport, Illinois
Premier Insurance Services, Inc.
Warren, Illinois
to engage in general insurance agency activities

4(c)(8)

Shorebank Corporation
Chicago, Illinois
to consolidate the Austin Labor Force Intermediary
Chicago, Illinois, into The Neighborhood Institute and
thereby engage in making equity & debt investments in
corporations or projects designed primarily to promote
community welfare

4(c)(8)

Associated Banc-Shares, Inc.
Madison, Wisconsin
SBL Management Corp.
Lodi, Wisconsin
Lodi Insurance Agency, Inc.
Lodi, Wisconsin

PR . **

4(c)(8)

Associated Banc-Corp.
Green Bay, Wisconsin
SBL Management Corp.
Lodi, Wisconsin
Lodi Insurance Agency, Inc.
Lodi, Wisconsin

PR . **




FR - 12-12-95

P R . **

Federal Reserve Bank of Chicago
Section IV - Applications Not Subject to Federal Register or Newspaper Notice
Type

Application
-None-

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




AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following state member banks have been examined by the Federal Reserve
Bank of Chicago for compliance with the CRA. The 30-day business day period
the bank has to make the evaluation public has lapsed during the week ending
December 1, 1995.
If you are interested in obtaining a copy of the
evaluation document, please contact the bank(s) directly.
Identification of Ratings
O-An institution in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
S-An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
NI-An institution in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
SN-An institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
BANK NAME/LOCATION

EXAMINATION DATE

RATINGS

7/31/95

S

-Hinsbrook Bank and Trust
6262 South Route 83
Willowbrook, Illinois
60514-2985
(708)
920-2700
8/07/95

S

-Peoples State Bank
One Jefferson
Manfield, Illinois
(217)
489-2271

S

-Cedar Valley State Bank
345 West 4th Street
St. Ansgar, Iowa
50472
(515)
736-2425




61854
8/14/95

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING DECEMBER 1, 1995

A

p

p

SECTION I ■ APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
l
i
c
a
t
i
o
n
E
n
a
of Comment Period

♦Section 9 branch notification by Belgrade State Bank.
Potosi. Missouri.

December 1 , 1995
1

♦Section 9 branch notification by Citizens Bank of New
Haven. New Haven. Missouri.
'

December 1 , 1995
5

Application

SECTION II • APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
End of Comment Period

None.

SECTION III . APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
A d d !ication
End of Comment Period

None.

SECTION IV • APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
6R NEWSPAPER NOTICE
Application
End of Comment Period

None.

♦This application is subject to CRA.




FEDERAL RESERVE B A N K O F ST. LOUIS
S Louis, M
t.
issouri

AVAILABILITY OF GRA PUBLIC 1)1

RES

Identification o f Ratings:
Outstanding reco rd o f m eeting community credit needs
A n institution in this group has an outstanding record of, end is a leader in, ascertaining and helping to m eet
the credit needs o f its entire delineated community, including lo w - end moderate-income neighborhoods, in
e m anner consistent with its resources end capabilities.
Satisfactory record o f m ooting community credit needs
A n 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 lo w - and moderate- income neighborhoods in a m anner
consistent w ith its resources and capabilities.

,

Needs to im prove record o f meeting community credit needs
A n 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 tow- and moderate-income neighborhoods, in a m anner
consistent with its resources and capabilities.
Substantial noncom piiance in meeting community credit needs
A n 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 m anner
consistent with its resources and capabilities.

FOR THE WEEK ENDING

Nam of Bank
e
None




December l, 1995

Bank Address

Examination
Date

Examination
Rating

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section I - Applications Subject to
Newspaper Notice Onlv
Comment Period
Ending Date

Application
Citizens State Bank of St James,
St James, MN for prior approval
to become a member of the
Federal Reserve System.

Not yet available

M&I Community State Bank,
Eau Claire, WI to establish a branch
(ATM) in Eau Claire, W I .

December 20, 1995

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period
Ending Date

Crosstown Holding Company, Ham Lake,
Minnesota, to acquire by merger 100% of
the voting shares of Balaton Agency, Inc.,
Balaton, Minnesota.

December 26, 1995
(Federal Register)

Private Bancorporation, Inc., Minneapolis,
Minnesota, to acquire 100% of the voting
shares of Private Bank Minnesota, Minneapolis,
Minnesota.

December 18, 1995
(Newspaper)

Dakotah Bankshares, Inc., Fairmount, MN
for approval to become a bank holding company
through acquisition of 100% of the voting shares
of Peoples State Bank, Fairmount, ND.

December 29, 1995
(Federal Register)

^Subject to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section III - Applications Subject
to Federal Register Notice Only
Comment Period
Ending Date

Application

First Sleepy Eye Bancorporation, Inc.,
Sioux Falls, South Dakota, to engage
de novo in community development activities.

November 7, 1995

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




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending December 1, 1995
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository institution's CRA
performance, a rating is assigned from the following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of# and is a
leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate -income
neighborhoods, in a manner consistent with its resources and
capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate -income neighborhoods,
in a manner consistent with its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low-and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.

BANK (
S) EXAMINED

DATE OF EXAMINATION

CRA RATING

Farmers State Bank
of Madelia, Inc
P.0. Box 188
Madelia, MN 56062-0188
(507) 642-3251

August 28, 1995

Outstanding




Federal Reserve Bank of Kansas City
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING PATE

Central Bank of Missouri, Sedalia, Missouri, for prior
approval to become a member of the Federal Reserve
System.
Bank of Colorado - Western Slope, for prior approval
to invest an additional $1,465,000 in bank premises.
Bank of Holden, Holden, Missouri, for prior approval
to establish a branch facility at Highway 13 South and
DD Highway, Warrensburg, Missouri.

Not Available
Not Available
Not Available

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

COMMENT PERIOD ENDING DATE

Jerry G. And Helen W. Standridge Revocable Trust,
and Jerry G. And Helen Standridge, Trustees, all of
Chickasha, Oklahoma, for prior approval to acquire
.26 percent, for a total of 10.24 percent, of the voting
shares of Chickasha Bancshares, Inc., Chickasha,
Oklahoma.*

December 20, 1995

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

Colorado Business Bankshares, Inc., Denver,
Colorado, for prior approval to engage in the
nonbanking activity of leasing.
King Bancshares, Inc., Kingman, Kansas, for prior
approval to acquire Turon Insurance Agency, Inc.,
Turon, Kansas, and engage in the activity of providing
general insurance products.




Not Available
Not Available

Federal Reserve Bank of Kansas City

SECTION IV -APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
O R NEWSPAPER NOTICE

APPLICATION
None.
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 c e i needs
rdt

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 c e i needs
rdt

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 c e i needs
rdt

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 c e i needs
rdt

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.




Federal Reserve Bank of Kansas City

Bank/Location

Exam Date

CRA Public
Date

Premier Bank
15301 W. 87th St. Parkway
Lenexa, Kansas

08-14-95

11-23-95

Satisfactory

The Gunnison Bank & Trust
P.O. Box 119
Gunnison, Colorado 81230-0119

08-21-95

11-23-95

Satisfactory

The Bank at Broadmoor
Four Elm Avenue
Colorado Springs, Colorado 80906

08-28-95

11-29-95

Satisfactory

The State Bank
P.O. Box 539
Winfield, Kansas 67156-0539

08/28/95

12/01/95

Outstanding

*Application is subject to CRA.




CRA
Rating

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF NOVEMBER 27, 1995

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
NOTICE EXP

APPLICATION
None.

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

** NOTICE EXP

Change in Control Notice by
Conrad Milton Newton, III, Dawson, TX, to acquire an
interest in Dawson Bancshares, Inc., Dawson, TX
Change in Control Notice by
Jack H. Hart, Amarillo, TX, to acquire an interest in
Spearman Bancshares, Inc., Spearman, TX
J
(Resubmission)
(Previously reported during the week of 10-30-95)
♦Section 3(a)(1) application by
C Bar M, Inc., Carrizo Springs, TX, to acquire
Union State Bank, Carrizo Springs, TX
(Previously reported during the week of 10-30-95)

N/A

95/12/07

95/12/30

i
.
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
NOTICE ONLY
APPLICATION

NOTICE EXP

None.

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None.

* SUBJECT TO CRA.
** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE
N/A - NOT AVAILABLE AT THIS TIME.




ONLY.

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF NOVEMBER 27. 1995

Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a
leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to Improve record of meeting community credit needs.
An institution in this group need to improve its overall record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Substantial 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 12/01/95
Section I - Applications Subject to Newspaper Notice Only
Application
California
Vacaville,
company by
Vacaville,

Comment Period Ending Date
Community Bancshares Corporation,
California, to become a bank holding
acquiring Continental Pacific Bank,
California. *

Newspaper:

12/08/95

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Wells Fargo & Company, San Francisco, California,
to merge with First Interstate Bancorp, Los
Angeles, California. *

Newspaper:

Not available

Fed. Req.:

12/22/95

Wells Fargo & Company, San Francisco, California,
to acquire the 16 bank subsidiaries of First
Interstate Bancorp, Los Angeles, California. *

Newspaper:

Not available

Fed. Req.:

12/22/95

Wells Fargo & Company, San Francisco, California,
to engage in consent solicitation to replace the
Board of Directors of First Interstate Bancorp,
Los Angeles, California. *

Newspaper:

Not available

Fed. Req.:

Not available

Newspaper:
The Mitsubishi Bank, Ltd., Tokyo, Japan, to
acquire: The Bank of Tokyo Trust Company, New
Fed. Req.:
York, New York; The Chicago-Tokyo Bank, Chicago,
Illinois; and Union Bank, San Francisco, California. *
Union Bank, San Francisco, California, to become
a bank holding company by acquiring BanCal TriState Corporation, San Francisco, California. *

12/16/95
Not available

Newspaper:

12/16/95

Fed. Req.:

Not available

Section III -Applications Subject to Federal Register Only
The Mitsubishi Bank, Ltd., Tokyo, Japan, to
acquire BOT Financial Corporation, and BOT
Securities, Inc., both of New York, New York.

Fed. Reg.:

Not available

Union Bank, San Francisco, California, to retain
all of the voting shares of: UB Leasing, Inc.;
UB Investment Services, Inc.; Unionbanc Leasing
Corporation; Stanco Properties, Inc.; UB Mortgage
Corp.; and Bankers Commercial Corporation, all of
San Francisco, California.

Fed. Rea.:

Not available

*
 Subject


to CRA.

FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 12/01/95
Section III -Applications Sub.iect to Federal Register Only (cont’d.l
Wells Fargo & Company, San Francisco, California,
to engage in venture capital and lending activities
through the acquisition of First Interstate Resource
Finance Associates, Newport Beach, California.

Fed. Reg.:

Not available

Wells Fargo & Company, San Francisco, California,
to acquire First Interstate Bancorp’s interest in
Liberty Brokerage, Inc., New York, New York (a
joint venture).

Fed. Reg.:

Not available

Wells Fargo & Company, San Francisco, California,
to invest in Star System, Inc.

Fed. Reg.:

Not available

Section IV - Applications Not Sub.iect to Federal Register Notice
or Newspaper Notice (Cont’d.)
None




FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 12/01/95
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during the week
ending December 1, 1995. Information about a particular institution’s CRA evaluation
may be obtained directly from the institution.
Institution

Location

Examination Date

Sierra Bank of Nevada

3301 S. Virginia Street
Reno, NV 89502-4501
(702) 689-2300

8/14/95

Outstanding

The Vintage Bank

1500 Soscol Avenue
Napa, CA 94559-1910
(707) 257-8585

8/14/95

Satisfactory

Rating*

♦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 moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.

Substantial noncompliance in meeting community credit needs:

An institution has a
substantially deficient record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- to moderate-income neighborhoods, in
a manner consistent with its resources and capabilities.

The above listing 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 SAN FRANCISCO
Week ending 12/01/95
Section VI - CRA Examinations Scheduled
Pursuant to the requirements of Section 228.45 Regulation BB (Community Reinvestment
Act or CRA), the following is a tentative schedule of CRA examinations planned for the
first quarter of 1996. Although the data are not required to be published for the
first quarter of 1996, the regulatory agencies decided it would be in the public
interest to make the first quarter information available. The data are being provided
for your information should you wish to share comments with this Reserve Bank regarding
the CRA performance of a scheduled bank’s examination.
Examinations may have to be rescheduled during the calendar quarter in which they are
designated to begin. If an institution’s examination is rescheduled for a date later
than the end of the date range reflected in a published schedule, the institution’s
name will be republished in an appropriate later listing. Any comments received as a
result of either the first publication or subsequent publications will be considered
during the examination.
-

American Pacific State Bank, Sherman Oaks, CA
Bank of America Nevada, Las Vegas, NV
Bank of Ephraim, Ephraim, UT
Cache Valley Bank, Logan, UT
California Center Bank, Los Angeles, CA
Capital Bank of North County, Carlsbad, CA
Commercial Bank of Fremont, Fremont, CA
Concord Commercial Bank, Concord, CA
Farmers and
Merchants Bank of CentralCalifornia, Lodi, CA
Farmers and
Merchants Bank of Rockford, Opportunity,
WA
Garfield Bank, Montebello, CA
Guardian State Bank, Salt Lake City, UT
Home Valley Bank, Cave Junction, OR
Liberty Bank, South San Francisco, CA
Mid-Peninsula Bank, Palo Alto, CA
Silicon Valley Bank, Santa Clara, CA
Sun City Bank, Sun City, AZ
Tehema County Bank, Red Bluff, CA
Valliwide Bank, Fresno, CA
Westamerica
Bank, San Rafael, CA
Westside Bank, Tracy, CA




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