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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

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1991, No. 51
A c t i o n s of th e B o a r d , its Staff, and
u -(
F e d e r a l R e s e r v e Banks;
Lr C , ,yv
^Applications a n d R e p o r t s R e c e i v e d
D u r i n g th e W e e k E n d i n g D e c e m b e r 21, 1991

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

TESTIMONY AND STATEMENTS
Assessment of the current economic situation and
implications of taxation for the longer-range
growth of the economy — statement by Chairman
Greenspan before the House Committee on Ways and
Means, December 18, 1991.
Published, December 18, 1991.
ADVISORY COUNCILS
Consumer Advisory Council — appointment of thirteen
new members and designation of Colleen D. Hernandez
as Chairman and Denny D. Dumler as Vice Chairman.
Approved, December 17, 1991.
Thrift Institutions Advisory Council — appointment
of four new members and designation of Lynn W.
Hodge as President of the Council for 1992.
Announced, December 19, 1991.
BANK HOLDING COMPANIES




Banc One Corporation, Columbus, Ohio — to"acquire
Premier Bancorp, Inc., Baton Rouge, Louisiana;
Premier Bank, N.A.; Premier Securities Corporation,
and engage in securities brokerage services, and
Premier Investments Advisors, Inc., and engage in
investment advisory services.
Approved, December 20, 1991.
First Bancshares of St. Landry, Inc., Opelousas,
Louisiana -- to merge with Iberia Bancshares
Corporation, New Iberia, Louisiana, and acquire
Bank of Iberia.
Approved, December 20, 1991.
Huntington Bancshares, Inc., Columbus, Ohio —
petititon for reconsieration of the Board*s
approval of the application to acquire certain
assets and assume deposit liabilities of five
branches of TransOhio Savings Bank, Cleveland,
Ohio.
Denied, December 17, 1991.
Interbank Holding Corporation, Miami, Florida —
acquire Grovegate Bank, Miami, Florida.
Approved, December 20, 1991.

to

H.2
DECEMBER 16, 1991
PAGE 2

TO

DECEMBER 20, 1991

ACTZONS TAKEN BY THE BOARD OF GOVERNORS

fiMK H O M ING COMPANIES
Laredo National Bancshares, Laredo, Texas — to
acquire Southshares, Inc., and South Texas National
Bank of Laredo.
Approved, December 20, 1991.
BANK MERGERS
Bank America Corporation, San Francesco, California,
to acquire Security Pacific Corporation, Los
Angeles, California — public meetings to be held
in Los Angeles, January 14, 1992, San Francisco,
January 15, 1992, Phoenix, Arizona, January 15,
1992, and Seattle, Washington, January 16, 1992.
Approved, December 20, 1991.
BOARD OPERATIONS
Division of Research and Statistics —
John Mingo as Adviser.
Approved, December 16, 1991.

appointment of

DISCOUNT RATES




Discount rates — decrease to 3-1/2 percent from 41/2 percent by the Federal Reserve Banks of New
York and Chicago, effective December 20, 1991.
Approved, December 19, 1991.
Discount rates — decrease to 3-1/2 percent from 41/2 percent for the Federal Reserve Banks of
Boston, Philadelphia, Cleveland, Richmond, Atlanta,
Minneapolis, Kansas City, Dallas, and San
Francisco, effective December 20, except
Minneapolis, which is effective December 23, 1991.
Approved, December 20, 1991.

H.2
DECEMBER 16, 1991
PAGE 3

TO

DECEMBER 20, 1991

ACTIONS TAKEN BY THE BOARD OP GOVERNORS

Enforcement
Bank of White Sulphur Sprdings, White Sulphur Springs,
West Virginia — order or prohibition against
Darrell E. Coleaan.
Authorized, December 16, 1991.
BCCI Holdings (Luxembourg) S.A., Luxembourg, Bank of
Credit and Commerce International S.A., and related
companies — consent cease and desist order against
Khusro Elley, and dismissal of an action against
Mr. Elley.
Authorized, December 20, 1991.
First and Farmers Bancshares, Inc., Somerset,
Kentucky — cease and desist order against Blaine
S . Correll.
Authorized, December 20, 1991.
First New York Business Bank Corp., New York, New
York, written agreement dated November 26, 1991,
with the Federal Reserve Bank of New York.
Announced, December 18, 1991.
REGULATIONS




MS

POLICIES
Regulation Z — changes to home equity disclosure
rules.
Proposed, December 20, 1991.

H.2
DECEMBER 16, 1991
PAGE 4

TO

DECEMBER 20, 1991

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
ANK BRANCHES, DOMESTIC
Richmond

Central Fidelity Bank, Richmond, Virginia — to
establish a brcinch at 1457 Mount Pleasant Road,
Chesapeake, Virginia.
Approved, December 17, 1991.

Minneapolis

Security Bank Minnesota, Albert Lea, Minnesota — to
relocate branch to 805 Main Street North, Austin,
Minnesota, from 108 East Oakland Avenue, and invest
in bank premises.
Approved, December 18, 1991.

Dallas

Texas State Bank, McAllen, Texas — to establish
off-site electronic facility at 2414 East
Expressway 82, Mission, Texas.
Approved, December 16, 1991.

an

BANK HOLDING COMPANIES




Chicago

First Busey Corporation, Urbana, Illinois — to
acquire First Busey Interim Federal Savings and
Loan Association, which was formed to purchase
certain assets and assume the deposit liabilities
of the Urbana and. St. Joseph, Illinois, branches of
Citizens Federal Savings, F.S.A.
Approved, December 17, 1991.

Atlanta

First National Bancorp, Gainesville, Georgia — to
merge with First National Bancshares of Paulding
County, Inc., Dallas, Georgia, and acquire First
National Bank of Paulding County.
Approved, December 16, 1991.

Chicago

Firstar Corporation, Milwaukee, Wisconsin — to
acquire the assets of Chanchellor Mortgage
Corporation, Brooklyn Center, Minnesota.
Permitted, December 20, 1991.

Cleveland

FNB Bancorporation, Inc., Fort Mitchell, Kentucky —
to acquire First National Bank of Northern
Kentucky.
Approved, December 16, 1991.

H.2
DECEMBER 16, 1991
PAGE 5

TO

DECEMBER 20, 1991

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

BANK HOLDING COMPANIES




Atlanta

Georgia Bank Financial Corporation? Augusta?
Georgia — to acquire Georgia Bank & Trust Company
of Augusta.
Approved? December 19? 1991.

Chicago

NBD Bancorp? Inc.? Detroit? Michigan? and NBD
Indiana? Inc. — to acquire Gainer Corporation?
Merrillville? Indiana? and Gainer Bank? National
Association? Gary? Indiana.
Approved? December 19? 1991.

Minneapolis

Norwest Corporation? Minneapolis? Minnesota —
acquire U.S. Recognition Corporation? Inc.?
Ringwood? New Jersey.
Returned? December 20? 1991.

Chicago

Old Second Bancorp? Inc.? Aurora? Illinois? and KCB
Acquisition Corp. — to acquire Kane County
Bancshares? Inc.? Elburn? Illinois? and Kane County
Bank and Trust Co.
Approved? December 17? 1991.

Chicago

San Jose Banco? Inc.? Fremont? Indiana —
The First National Bank of Fremont.
Returned? December 18? 1991.

Kansas City

Sky Valley Bank Corp.? Alamosa? Colorado — to
acquire The First National Bank in Alamosa.
Approved? December 18? 1991.

Secretary

SunTrust Banks? Inc.? Atlanta? Georgia? and Sun
Banks? Inc.? Orlando? Florida — to acquire Florida
WestCoast Banks? Inc.? Venice? Florida? and First
National Bank of Venice.
Approved? December 18? 1991.

Director, BS&R

United Financial Banking Companies, Inc., Vienna,
Virginia — registration statement.
Approved, December 19, 1991.

to

to acquire

H.2
DECEMBER 16, 1991
PAGE 6

TO

DECEMBER 20, 1991

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

BANK MERGERS
Atlanta

1st United Bank, Boca Raton, Florida — to merge with
Mizner Bank, and to establish branches.
Approved, December 17, 1991.

BANK PREMISES
S t . Louis

Arkansas Bank and Trust Company, Hot Springs,
Arkansas — investment in bank premises.
Approved, December 16, 1991.

Minneapolis

Farmers State Bank, Victor, Montana —
bank premises.
Approved, December 20, 1991.

Kansas City

OMNIBANK Arapahoe, Englewood, Colorado; OMNIBANK
Arvada, Arvada; and OMNIBANK Southeast, Denver,
Colorado — investment in bank premises.
Approved, December 20, 1991.

Minneapolis

Security Bank Minnesota, Albert Lea, Minnesota — to
relocate branch to 805 Main Street North, Austin,
Minnesota, from 108 East Oakland Avenue, and invest
in bank premises.
Approved, December 18, 1991.

Dallas

State Bank and Trust Company, San Marcos, Texas —
investment in bank premises.
Approved, December 16, 1991.

investment in

CAPITAL STOCK




S t . Louis

Bancshares of Ripley, Inc., Ripley, Tennessee —
redemption of shares.
Approved, December 18, 1991•

Atlanta

Brannen Banks of Florida, Inc., Inverness, Florida —
redemption of shares.
Approved, December 17, 1991.

S t . Louis

Peoples Commercial Services Corporation, Senatobia,
Mississippi — redemption of shares.
Approved, December 18, 1991.

H.2
DECEMBER 16, 1991
PAGE 7

TO

DECEMBER 20, 1991

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

CHANGE IN BANK CONTROL
Dallas

Ford Bank Group, Inc., Lubbock, Texas —
bank control.
Permitted, December 16, 1991.

change in

Cleveland

Georgetown Bancorp, Inc., Georgetown, Kentucky —
change in bank control.
Permitted, December 16, 1991.

Minneapolis

Guaranty Development Company, Livingston, Montana —
change in bank control.
Returned, December 18, 1991.

Atlanta

Gulf South Bancshares, Inc., Gretna, Louisiana —
change in bank control.
Permitted, December 16, 1991.

S t . Louis

NBC Bank Corp., El Dorado, Arkansas —
control.
Withdrawn, December 18, 1991.

San Francisco

Northern Empire Bancshares, Santa Rosa, California —
change in bank control.
Permitted, December 20, 1991.

Chicago

San Jose Banco, Inc., Fremont, Indiana —
bank control.
Returned, December 18, 1991.

Kansas City

Val Cor Bancorporation, Inc., Cortez, Colorado —
change d n bank control.
i
Permitted, December 16, 1991.

change in bank

change in

COMPETITIVE FACTORS REPORTS




Atlanta

Bank of Camilla, Camilla, Georgia, proposed merger
with CBI Interim, Inc. — report on competitive
factors.
Submitted, December 17, 1991.

S t . Louis

Banterra Bank of Christopher, Christopher, Illinois,
proposed purchase of certain assets and assumption
of certain liabilities of Rend Lake Bank,
Christopher, Illinois — report on competitive
factors.
Submitted, December 19, 1991.

H.2
DECEMBER 16, 1991
PAGE 8

TO

DECEMBER 20, 1991

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

COMPETITIVE FACTORS REPORTS




Kansas City

Caldwell County Bank, Hamilton, Missouri, proposed
merger with FarmerTs Bank of Polo, Polo, Missouri • report on competitive factors.
Submitted, December 20, 1991.

Atlanta

Citizens National Bank of^Athens, Athens, Tennessee,
proposed acquisition of the assets and assumption
of the deposit liabilities of the Madisonville,
Sweetwater, and Tellico Plains branches of Sovran
Bank / Tennessee, Nashville, Tennessee — report on
competitive factors.
Submitted, December 18, 1991.

Philadelphia

First American Savings, F.A., Jenkintown,
Pennsylvania, proposed merger with Brandywine
Savings and Loan Association, Downingtown,
Pennsylvania — report on competitive factors.
Submitted, December 19, 1991.

Kansas City

First Interstate Bank of Golden, N.A., Golden,
Colorado, proposed merger with First Interstate
Bank of Arvada, N.A., Arvada, Colorado — report on
competitive factors.
Submitted, December 18, 1991.

San Francisco

Home Savings of America, FSB, Irwindale, California,
proposed assumption of the deposit liabilities and
related costs of six branches of Hamilton Savings
Bank, F.S.B., San Francisco, California — report
on competitive factors.
Submitted, December 18, 1991.

San Francisco

Key Bank of Idaho, Boise, Idaho, proposed merger of
Valley Bank, Idaho Falls, Idaho — report on
competitive factors.
Submitted, December 18, 1991.

San Francisco

U.S. Bank of California, Eureka, California, proposed
purchase of certain assets and assumption of
certain liabilities of the Ukiah and Fortuna branch
of Bank of The West, Walnut Creek, California —
report on competitive factors.
Submitted, December 18, 1991.

H.2
DECEMBER 16, 1991
PAGE 9

TO

DECEMBER 20, 1991

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

ENFORCEMENT
Secretary

BCCIHoldings (Luxembourg) S.A., Luxembourg, Bank of
Credit and Commerce International S.A., and related
companies — extension to January 10, 1992, to take
certain actions regarding notice of charges.
Authorized, December 20, 1991.

EXTENSIONS OF TIME




Cleveland

C&D Bank Company, Marietta, Ohio — extension to
March 19, 1992, to merge with The Dime Bank.
Granted, December 19, 1991.

San Francisco

Denali Bancorporation, Inc., Fairbanks, Alaska —
extension to April 1, 1992, to acquire Denali State
Bank.
Granted, December 18, 1991.

Richmond

Fidelity BancShares (N.C.), Inc., Fuguay-Varina,
North Carolina — extension to April 11, 1992, to
acquire Granville Federal Saving and Loan
Association, Oxford, North Carolina.
Granted, December 16, 1991.

Cleveland

Fifth Third Bank of Columbus, Columbus, Ohio —
extension to March 19, 1992, to establish a branch
at 21 East State Street.
Granted, December 19, 1991.

San Francisco

First Interstate Bancorp, Los Angeles, California —
extension to March 25, 1992, to engage on a fee
basis in asset management activities through FAES,
Inc., Denver, Colorado.
Granted, December 18, 1991.

San Francisco

First Security Corporation, Salt Lake City, Utah —
extensions to divest certain properties.
Granted, December 18, 1991.

Chicago

Indiana United Bancorp, Greensburg, Indiana —
extension to January 31, 1992, to acquire Regional
Federal Bancorp, Inc., New Albany, Indiana, and
Regional Federal Savings Bank.
Granted, December 16, 1991.

H.2
DECEMBER 16, 1991
PAGE 10

TO

DECEMBER 20, 1991

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

EXTENSIONS OF TIME
Chicago

Old Kent Bank of Kalamazoo, Kalamazoo, Michigan —
extension to January 29, 1992, to merge with Old
Kent Bank - Southwest, Niles, Michigan, and to
establish branches in Niles, Benton Harbor, Barrien
Springs, Dowagiac, Adamsville; St. Joseph, Sodus,
and Buchanan, Michigan.^
Granted, December 16, 1991.

St. Louis

Peoples Bancorp, Inc., of Bullitt County,
Shepherdsville, Kentucky — extension to March 7,
1992, to redeem shares.
Granted, December 18, 1991.

Director, BS&R

Royal Bank of Scotland Group pic, Edinburgh, Scotland
— extension to discontinue certain real estate
activities of Citizens Financial Group, Inc.,
Providence, Rhode Island.
Granted, December 16, 1991.

Richmond

SNB Financial Corporation, Summerville, South
Carolina — extension to March 31, 1992, to acquire
Summerville National Bank.
Granted, December 16, 1991.

San Francisco

U.S. Bancorp, Portland, Oregon —
divest certain properties.
Granted, December 19, 1991.

San Francisco

Wells Fargo & Company, San Francisco, California —
extensions to divest certain properties.
Granted, December 16, 1991.

Kansas City

OMINBANK Arapahoe, Englewood, Colorado; OMNIBANK
Arvada, Arvada; OMNIBANK Leetsdale, Denver;
OMNIBANK Parker Road, Aurora; OMNIBANK Southeast,
Denver; and OMNIBANK University Hills, Denver,
Colorado — to become members of the Federal
Reserve System.
Approved, December 20, 1991.

extensions to

MEMBERSHIP




H.2
DECEMBER 16, 1991
PAGE 11

TO

DECEMBER 20, 1991

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

REGULATIONS AND POLICIES
Secretary
FOMC

Federal Open Market Committee — policy record for
the meeting of November 5# 1991.
Published# December 20# 1991.

RESERVE BANK SERVICES




Director# FRBO

Federal Reserve Banks — to modify the ITS weekend
service schedules at majpy Federal Reserve offices
Approved# December 16# 1991.

H.2
DECEMBER 16, 1991
PAGE 12

ADDITIONS AND CORRECTIONS
TO

DECEMBER 20, 1991

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

BANK HOLDING COMPANIES




Richmond

First National Corporation, Strasburg, Virginia —
invest in community development activities.
Approved, December 11, 1991.

to

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS

SECTION I - APPLICATIONS SUBJECT TO
N E W S P A P E R N O T I C E O NLY
C o m m e n t P e r i o d E n d i n g Date

Application
NON E

S E C T I O N II - A P P L I C A T I O N S S U B J E C T T O B O T H
N E W S P A P E R A N D F E DERAL R E G I S T E R N O T I C E

Comment P e r i o d Ending Date

Application
NON E

SE C T I O N III - A P P L I C A T I O N S S U B J E C T TO
FE D E R A L R E G I S T E R N O T I C E O N L Y
Application

Co m m e n t P e r i o d Ending Date
N ONE

SE C T I O N IV ~ A P P L I C A T I O N S N O T S U B J E C T TO
FEDERAL REGISTER OR NEWSPAPER NOTICE
Application
NONE

S E C T I O N V ~ A V A I L A B I L I T Y OF C R A P U B L I C E V A L U A T I O N S
E x a m i n a t i o n Date

Institution




NONE

Federal Reserve Bank of New York
Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
______ Notice Only______
Chemical Bank Delaware, Wilmington, Delaware to merge into
Chemical Bank, New York, New Y o rk .l/

1/1 6 /9 2

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None.
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Onlvl
None.
SECTION IV
Applications Not Involving
Public Comment

None.
SECTION V
Availability of CRA Public Evaluations
In connection with the assessment of each insured depository institution’s
CRA performance, a rating is assigned from the following group:
Outstanding record of meeting community credit needs.




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

SECTION V
Availability of CRA Public Evaluations
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.
Week Ending December 21. 1991
NAME OF BANK

RATING

None.

1 / Subject to provisions of Community Reinvestment Act.
2 / Later of dates specified in newspaper and Federal Register notices.
3 / Date specified in newspaper notice; a later date may be specified in
the Federal Register notice.
4 / Date specified in Federal Register notice; a later date may be
specified in the newspaper notice.
N /A - Not Available




EXAMINATION DATE

FEDERAL R E S ERVE 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 20, 1991.
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 La ,
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

Applications Bulletin
F o r W e e k E n d i n g D e c e m b e r 21,

1991

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
R e c e i v e d a p p l i c a t i o n on Dece m b e r 17, 1991,
from K i l l b u c k Savings Bank, Killbuck, Ohio,
for p e r m i s s i o n to estab l i s h a b r a n c h at
W a l - M a r t outlet #1, S.R. 83 and U.S. 92,
Millersburg, Ohio.

* Not Yet K n o w n #

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
R e c e i v e d Section 3(a)(3) appl i c a t i o n on
* J a n u a r y 20,
D e c e m b e r 20, 1991, from O h i o Bancorp,
Youngstown, Ohio, to ac q u i r e up to 10.00
p e r c e n t of Cor t l a n d Bancorp, Cortland, Ohio.
R e c e i v e d Section 3(a)(1) and S e ction
3(a)(3) applic a t i o n s on D e c e m b e r 20, 1991,
from Nati o n a l City Corporation, Cleveland,
Ohio, to a cquire M e r c h a n t s N a t i o n a l
Corporation, Indianapolis, Indiana.

1992

* Not Yet K n o w n #

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
R e c e i v e d Section 4 ( c ) (8) a p p l i c a t i o n on
D e c e m b e r 16, 1991, from Nat i o n a l City
Corporation, Cleveland, Ohio, to acquire
B & L Consultants, Inc., Norwood, Massachusetts.

N o t Yet K n o w n #

R e c e i v e d S e ction 4 ( c ) (8) a p p l i c a t i o n on
D e c e m b e r 20, 1991, from N a t i o n a l City
Corporation, Cleveland, Ohio, to acqu i r e
the n o n - b a n k s u b sidiaries of M e r c h a n t s
N a t i o n a l Corporation, Indianapolis, Indiana.

Not Yet K n o w n #

*
N
F
#

-

Subject to CR A
N e w s p a p e r C omment Period
F e deral R e g i s t e r C o mment Pe r i o d
E x p e c t e d to end a p p r o x i m a t e l y 30 days from
t h e date of re c e i p t of the application.




Applications Bulletin
F o r W e e k E n d i n g D e c e m b e r 21,

1991

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

*
N
F
#

-

Subject to CRA
N e w s p a p e r C o mment Pe r i o d
Federal R e g i s t e r Comment Per i o d
Expe c t e d to end a p p r o x i m a t e l y 30 days from
the date of r eceipt of the application.




Federal Reserve Bank of Richmond

Section I - Applications Subiect to Newspaper
Notice Only

Application

Comment Period Ending Date

None.

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

Comment Period Ending Date

None.

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

None.

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




Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations
Week ending December 20, 1991

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

Centura Bank, Inc.
P. 0. Box 1220
Rocky Mount, North Carolina




27802

Rating

9-23-91

Satisfactory

Federal R e serve Bank of Atla n t a
A p p l i c a t i o n s B u l l e t i n f o r W e e k E n d i n g D e c e m b e r 20.

1991

S ection 1 - A p p l i c a t i o n s Subject to N e w s p a p e r N o t i c e O n l y

Application

C o m m e n t P e r i o d E n d i n g Date

S o u t h T r u s t B a n k of Pin e l l a s C o unty
St. Petersburg, F l orida
To e s t a b l i s h a b r a n c h offi c e to be k n o w n
as S t r a t f o r d Court Office, located at 45
K a t h e r i n e Boulevard, P a l m Harbor, Florida.

01-11-92*
Newspaper

S e c t i o n 2 - A p p l i c a t i o n s Subject To Both
N e w s p a p e r and Federal R e g i s t e r Not i c e

Application

Co m m e n t P e r i o d E n d i n g Date

Crescent Banking Company
Jasper, G e o r g i a
1-BHC formation, C r e s c e n t Bank and
Tru s t Company, Jasper, Georgia.

Not yet avail a b l e *

CBS B a n c s h a r e s , I n c .
Spencer, T e n n e s s e e
To a c q u i r e Fir s t State Bank,
Tennessee.

N o t yet avail a b l e *
Maynardville,

First A u t a u g a Bancshares, Inc.
M o n tgomery, Alabama
1-BHC f o r m a t i o n by a c q u i r i n g Cee Bee
Corporation, Prattville, Alabama, and
i n d i r e c t l y a c q u i r i n g its subsi d i a r y
bank, Cit i z e n s Bank, Prattville, Alabama.

01-18-92*
Newspaper

♦Subject to P r o v i s i o n s of C o m m u n i t y R e i n v e s t m e n t Ac t




F e d e r a l R e s e r v e B a n k of A t l a n t a
A p p l i c a t i o n s B u l l e t i n f o r We e k E n d i n g D e c e m b e r 20.

1991

Section 3 - Applications Subject to Federal
Register Notice Only

Appl i c a t i o n

Comment P e riod Ending Date

None.

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper No t i c e

Applic a t i o n
First Camden Bancshares, Inc.
C a m d e n , Alabama
To redeem 15.8 percent of its outstanding
shares of common stock.
SouthTrust Corporation, Inc.
Birmingham, Alabama
A l o n g with its second-tier subsidiary,
SouthTrust of Florida, Inc., St. Petersburg,
Florida, to mer g e First Federal Savings
Bank, Marianna, Florida, w i t h and into
SouthTrust of Florida's wholly-owned bank
subsidiary, SouthTrust Bank of Pinellas
County, St. Petersburg, Florida, pursuant to
Section 5 ( d ) (3) of the Federal Deposit
Insurance A c t as amended by FIRREA.




Federal R e s e r v e B a n k of A t l a n t a
A p p l i c a t i o n s B u l l e t i n for W e e k E n d i n g D e c e m b e r 20.

1 991

Section 10 - Availability of CRA Public Evaluations

The CRA p u blic evaluations of the insured depository institutions
listed bel o w 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
i n s t i t u t i o n s '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
m o derate-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 w i t h 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 m e e t the credit needs
of
its entire d e lineated
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 h elping 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

Rating

Foxworth Bank
Satisfactory
Post Offi c e Box 106
Foxworth, Mississippi
39483
(601) 731-3020




____ Date
09-16-91

F e d e ra l R eserve Bank o f C hicago

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

Ta2§
Merger/
Branch

Old Rent Bank and Trust Company
Grand Rapids, Michigan
Old Rent Bank of Lansing, N.A.
Lansing, Michigan*

N

- 12-27-91

EFT

Ccmerica Bank - Detroit
Detroit, Michigan
Chrysler Tech Center, 800 Chrysler Drive
Auburn Hills, Michigan*

N

- 12-27-91

EFT

Ccmerica Bank - Detroit
Detroit, Michigan
Volkswagen, 3800 Hamlin Road
Auburn Hills, Michigan*

N

- 12-27-91

EFT

Ccmerica Bank - Detroit
Detroit, Michigan
36th District Court, 421 Madison
Detroit, Michigan*

N

- 12-27-91

Type

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

Y-2

American Interstate Bancorporation, Inc.
Council Bluff, Icwa
American Interstate Bancorporation, Inc.
Omaha, Nebraska
Bank of Elkhom
Elkhom, Nebraska*

Y-2

First of America Bank Corporation
FR - 12-17-91
Kalamazoo, Michigan
N - 12-18-91
Security Bancorp, Inc.
Southgate, Michigan
Security Bank of Commerce, Hamtramck, Michigan
Security Bank of Monroe, Monroe, Michigan
Security Bank of Northeast, Richmond, Michigan
Security Bank St. Clair Shores
St. Clair Shores, Michigan
Security Bank and Trust Company
Southgate, Michigan*




FR - 12-12-91
N - 12-28-91

F e d e ra l R eserve Bank o f C hicag o

Section II - Applications Subject to Both Newspaper and Federal
Register Notice
(Continued^
Comment Period
finding Date

Type

Application

Y-l

Qrangevillebancorp, Inc.
Orangeville, Illinois
Orangeville Community Bank
Orangeville, Illinois*

FR - 12-30-91
N - 12-9-91

CoC-HC

Waterman Bancshares, Inc.
Waterman, Illinois
Wayne M. Miller & Robert Daniel

FR - **
N - 12-30-91

Y-2

Associated Banc-Corp.
Green Bay, Wisconsin
Northeast Wisconsin Financial
Services, Inc.
Sturgeon Bay, Wisconsin
First National Bank of Sturgeon Bay
Sturgeon Bay, Wisconsin*

FR - **
N - **

Y-l

Bancentral Corporation
Champaign, Illinois
Singer & Associates, Inc.
Mattoon, Illinois
Central National Bank of Mattoon
Mattoon, Illinois*

FR - **
N - **

CoC-BK

Kingston State Bank
Kingston, Michigan
Peter M. Mott

FR - **
N - **

Section III - Applications Subject to Federal Register
Notice Only

Garment Period
Type

Application

4(c)(8)

Ruth Bank Corporation
Ruth, Michigan
Purchase loans fran its subsidiary
bank, Ruth State Bank
Ruth, Michigan

FR - 12-30-91

4(c)(8)

The First National Carpary
Storm Lake, Iowa
To make and service loans pursuant to
Section 225.25(b) of Regulation Y

FR - **

4(c)(8)




Firstar Corporation
Milwaukee, Wisconsin
First Wisconsin Asset Management, Inc.
Milwaukee, Wisconsin

finding Date

FR - **

F e d e ra l R eserve Bank o f C hicago

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

Application

RoS

Waterman Bancshares, Inc.
Waterman, Illinois
To redeem 7,000 shares of cannon stock

N
FR
*
**

-




Newspaper
Federal Register
Subject to Provisions of Ccnnunity Reinvestment Act
Not available at this time

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 20, 1991.
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
-State Bank of Howards Grove
211 North Wisconsin Drive
Howards Grove, Wisconsin
53083




EXAMINATION DATE
9/16/91

RATINGS
S

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING DECEMBER 20, 1991

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
A p p lic a tio n

End o f Comment P erio d

None.

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
A p p lic a tio n

End o f Comment P erio d

* Section 3(a)(3) application by Old National Bancorp,
Evansville, Indiana to acquire U.S.B. Corporation,
Washington, Indiana
Not yet available
* Section 3(a)(3) application by Mercantile
Bancorporation Inc., St. Louis, Missouri to acquire
Ameribanc, Inc., St. Joseph, Missouri

Not yet available

* Section 3(a)(1) application by Mercantile Acquisition
Corporation I, St. Louis, Missouri to acquire
Ameribanc, Inc., St. Joseph, Missouri
Not yet available
* Section 3(a)(1) application by South Arkansas
Bancshares, Inc., Pine Bluff, Arkansas to acquire
Pine Bluff National Bank, Pine Bluff, Arkansas

Not yet available

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
A p p lic a tio n

End o f Comment P e rio d

Section 4(c)(8) applications by CBT Corporation,
Paducah, Kentucky, Paducah Bank Shares, Inc.,
Paducah, Kentucky, and Peoples First Corporation,
Paducah, Kentucky to engage in community development
activities by becoming limited partners in First
Park Partners, Paducah, Kentucky
Not yet available*
* Section 4(c)(8) application by Trans Financial
Bancorp, Inc., Bowling Green, Kentucky to acquire
Maury Federal Savings Bank, Columbia, Tennessee




Not yet available

Federal Reserve Bank of St. Louis

* Section 4(c)(8) application by Trans Financial
Bancorp, Inc., Bowling Green, Kentucky to acquire
First Federal Savings Bank of Tennessee, Tullahoma,
Tennessee

Not yet available

Section 4(c)(8) application by Mercantile
Bancorporation Inc., St. Louis, Missouri and
Mercantile Acquisition Corporation I, St. Louis,
Missouri to engage in the reinsurance of credit life
and accident and health insurance sold in connection
with loans made by subsidiary banks through the
acquisition of Ameribanc Life Insurance Company,
Not yet available
St. Joseph, Missouri

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERA REGISTER NOTICE
OR NEWSPAPER NOTICE
A p p lic a tio n
End of Comment Period
None.

*

This application is subject to CRA.




FEDERAL RESERVE BANK OF S T . LO UIS
St. Louis, Missouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f meeting community credit needs
An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to
meet the credit needs o f its entire delineated community, including low - and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record o f meeting community credit needs
An institution in this group has a satisfactory record 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 o f meeting community credit needs
An institution in this group needs to improve its overall record of ascertaining and helping to meet the
credit needs 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 o f its entire delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.

FOR THE WEEK ENDING

Name of Bank

None




Bank Address

December 20, 1991

Examination
Date

Examination
Rating

FEDERAL RESERVE BANK OF MINNEAPOLIS

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

Application
None.

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

Application
Johnson Holdings, Inc.
Isanti, MN
To acquire 100% of East Central Holding
Company, Isanti, MN*

12-27-91
(Federal Register)

1-6-92
(Newspaper)

West River Holding Company, Inc.
Hettinger, ND
To acquire 100% of West River State
Bank, Hettinger, ND*
Terry Gerber and Franz Gerber
To acquire control of 60% of
Cameron Bancorp, Inc., Cameron, WI

Not yet available

Section III - Applications Subject
to Federal Register Notice Only
Application
Johnson Holdings, Inc.
Isanti, MN
To engage in general insurance agency
activities through the acquisition of
Isanti Agency, Inc., Isanti, MN

* Subject to CRA




Comment Period
Ending Date
12-27-91

F E D E R A L R E S E R V E BA N K OF M I N N E A P O L I S

Section III - Applications Subject
to Federal Register Notice Only Continued)

(

Co m m e n t Period
E n d i n g Date

A p p lication
M i d - W i sconsin Financial Services, Inc.
Medford, WI
To engage in general insurance agency
activities through the indirect acqui­
sition of Mid-Wisconsin Insurance
A g ency of Medford, Inc.; Mid-Wisconsin
Insurance Agen c y of Colby, Inc.; and
M id-Wisconsin Neillsville Ins., Inc.

N o t yet available

Section IV - Applications Not S ubject to
Federal Register Notice or Newspaper N o t i c e
A pplication
Chisago Bancorporation, Inc.
Chisago City, M N
To r e deem 11.1% of its voting
shares.




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending December 20, 1991

ASSIGNMENT OF RATING
Identification of Ratings
In co n n e c t i o n with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
O U T S TANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
A n 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
c o n s istent with its resources and capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
A n institution in this group has a satisfactory record of
a s c ertaining 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.
A n institution in this group needs to improve its overall
r e c o r d 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 M E ETING COMMUNITY CREDIT NEEDS.
A n institution in this group has a substantially deficient
r e cord 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.

B A N K (S ) EXAMINED

DATE OF EXAMINATION

CRA R A T I N G

R i d g e d a l e State Bank
1730 Plym o u t h Road
Minnetonka, MN 55343
(612) 544-2444

September 3, 1991

Needs to improve

C r o w Riv e r State Bank
P. O. Box B2
Delano, M N 55328

September 9, 1991

Satisfactory




Federal Reserve Bank of Kansas City

SECTION I ~ APPLICATIONS SUBJECT TO NEWSPAPER N O T I C E ONLY

APPLICATION

COMMENT PERIOD ENDING DATE

None.
SECTION II - APPLICATIONS SUBJECT T O BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE

APPLICATION

COMMENT PERIOD ENDING DATE

Jerry G. Scott and James N. Wall, for
prior approval to increase their
proportionate ownership in Prague
Bancorp, Inc., Ada, Oklahoma, from
24.737 percent to 25.269 percent.

Not Available

First Community Bancshares, Inc.,
Knob Noster, Missouri, for prior
approval to become a bank holding
company through the acquisition of
100 percent of the voting shares of
Sweet Springs Bancshares, Inc., Sweet
Springs, Missouri, and 100 percent of
the voting shares of Bancshares of
Knob Noster Inc., Knob Noster,
Missouri, and 100 percent of the
voting shares of Ionia Bancshares,
Inc., Windsor, Missouri.*

Not Available

Great Western Securities, Inc.,
Omaha, Nebraska, for prior approval
to acquire 99.9 percent of the voting
shares of The Bank of Bellevue,
Bellevue, Nebraska.*

Not Available

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REG I S T E R NOTICE
ONLY

APPLICATION
First Community Bancshares, Inc.,
Knob Noster, Missouri, for prior
approval to indirectly engage in
insurance activities through its
proposed acquisition of Bancshares of
Knob Noster, Inc., Knob Noster,
Missouri.




COMMENT PERIOD ENDING DATE
Not Available

Federal Reserve Bank of Kansas City

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR 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:
O u t standing record of meeting community credit needs

An institution in this group has an outstanding record of, and
is a lender in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in an 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 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

Uinta County State Bank
128 North Birch Street
Mountain View, WY

9-16-91

12-19-91




CRA
Rating
Substantial
noncampliance

Federal Reserve Bank of Kansas City

Union State Bank
P.O. Box 560
Upton, WY*

9-23-91

*Application is subject to CRA.




12-16-91

Satisfactory

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF DECEMBER 16, 1991
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

None.

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

** NOTICE EXP

None.

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

NOTICE EXP

None.

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
Notice by Raymondville Bancorp, Inc., Raymondvilie, TX,
to redeem 26,190 shares of its common stock

* 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 MEEK OF DECEMBER 16, 1991

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
capabi1ities.

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 capabliities.
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

Date of
Examination

CRA Rating

Alief Alamo Bank
12300 Bellaire Blvd.
P. 0. Box 721680
Houston, Texas 77272

09/23/91

Needs to Improve

Citizens State Bank
501 Main St.
P. 0. Box 430
Royse City, Texas 75089

09/16/91

Satisfactory

Texas Coastal Bank
6731 Spencer Hwy.
P. 0. Box 5626
Pasadena, Texas 77508

09/09/91

Substantial Noncompliance




FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 12/20/91

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

BankAmerica Corporation ("BAC"), San Francisco,
California, to acquire Security Paciific
Corporation ("SPC"), Los Angeles, California,
and thereafter merge SPC into BAC. *

Newspaper:
Fed. Reg.:

1/17/92
Not available

Section III - Applications Subject to Federal Register Notice Only

BankAmerica Corporation, San Francisco,
California, to acquire the domestic nonbank
subsidiaries of Security Pacific Corporation,
Los Angeles, California.

Fed. Reg.:

Not available

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 12/20/91
Section V - Availability of CRA Public Evaluations
Information about a particular institution's CRA evaluation may be obtained
directly from the institution.
Institution

Location

Examination Date

Hamni Bank

Penthouse Suite A
3660 Wilshire Boulevard
Los Angeles, CA 90010
Tel: (213) 735-3737

1/09/91

Rating*
Satisfactory

* Under the rating system an institution's CRA performance is assigned one of
the following four ratings:
OUTSTANDING: An institution assigned this rating 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: An institution assigned this rating has a satisfactory record
of ascertaining and meeting the credit needs of its delineated community.
NEEDS TO IMPROVE: An institution assigned this rating needs to improve its
overall record of ascertaining and meeting the credit needs of its delineated
community.
SUBSTANTIAL NONCOMPLIANCE: An institution assigned this rating has a
substantially deficient record of ascertaining and meeting the credit needs of
its delineated community.




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