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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1989, No. 51 Actions of the Board, its Staff, and the Federal Reserve Banks? Applications and Reports Received During the Week Ending December 23, 1989 ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK HOLDING COMPANIES Banque National de Paris, Paris, France, and Bank of the West, San Francisco, California — letter approving application to acquire Central Bank, Walnut Creek, California. Approved, December 18, 1989. First Union Corporation, Charlotte, North Carolina, and First Union Corporation of Florida, Jacksonville, Florida — order approving application to acquire Florida National Banks of Florida, Inc., its subsidiary banks, and engage in permissible activities through acquisition of Florida Investment Management Company, Jacksonville, Florida, and Florida National Insurance Services, Inc. Authorized, December 22, 1989. MNC Financial, Inc., Baltimore, Maryland — to merge with Equitable Bancorporation, and acquire Equitable Bank, N.A., and Equitable Bank of Delaware, Dover, Delaware. Approved, December 18, 1989. National City Corporation, Cleveland, Ohio — to acquire Gem Savings Association, Dayton, Ohio, GEM Mortgage Corporation of North America; GEM America Realty and Investment Corporation; GEM Financial Corporation; and Cen Pro, Inc., and engage in permissible nonbanking activities. Approved, December 18, 1989. Premier Bancorp, Inc., Baton Rouge, Louisiana — to engage de novo in loan recovery and collection activities through acquisition of Florida Street National Bank (in liquidation). Permitted, December 18, 1989. H. 2 DECEMBER 18, 1989 PAGE 2 TO DECEMBER 22, 1989 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; GC - General Counsel; IF - International Finance; OSDM - Office of Staff Director for Management BANK BRANCHES, DOMESTIC Chicago Central State Bank, Elkader, Iowa — to establish branches at 158 1st Street, McGregor, and in Marquette, Iowa. Approved, December 21, 1989. Chicago Davenport Bank and Trust Company, Davenport, Iowa — to establish an EFT at 320 W. Kimberly Road, and an EFT at St. Ambrose University, 518 W. Locust Street. Withdrawn, December 18, 1989. Minneapolis North Shore Bank of Commerce, Duluth, Minnesota — to establish a branch in the Miller Hill Mall, 1600 Miller Truck Highway. Approved, December 19, 1989. SANK HOLDING COMPANIES Chicago ABN - Stichting, Amsterdam, The Netherlands; Algemene Bank Nederland N.V., Amsterdam, The Netherlands; ABN/LaSalle North America, Inc., Chicago, Illinois; and LaSalle National Corporation, Chicago, Illinois — to acquire Exchange Bancorp, Inc., Chicago, Illinois; and The Exchange Bank River Oaks, Calumet City, Illinois; Exchange National Bank of Chicago, Chicago, Illinois; Exchange Bank of Dupage, Oak Brook, Illinois; Exchange Bank of Lake County, Vernon Hills, Illinois; Exchange Securities C o r p ., Hallandale, Florida; and Union Realty Mortgage Co., Inc., Chicago, Illinois. Approved, December 19, 1989. Chicago Astoria Investment Co., Quincy, Illinois — to act as principal, agent, or broker for credit related insurance issued in connection with extensions of credit made by Farmers State Bank & Trust Co., Astoria, Illinois. Returned, December 20, 1989. i „ Bankers Corporation, Perth Amboy, New Jersey — to acquire Bankers Savings. Approved, December 20, 1989. New York H .2 DECEMBER 18, 1989 PAGE 3 TO DECEMBER 22, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago Bartonville Investment Co., Peoria, Illinois — to act as agent or broker for credit related insurance issued in connection with extensions of credit made by Bartonville Bank, Bartonville, Illinois. Returned, December 20, 1989. Richmond Beacon Capital Corporation, Henderson, North Carolina — to acquire Franklin National Bank, Louisburg, North Carolina, and Vance National Bank. Approved, December 21, 1989. Atlanta Bradford Bankshares, Inc., Starke, Florida — to acquire First National Bank of Bradford County. Approved, December 22, 1989. New York Compagnie Financiere de Suez, Paris, France, and Banque Indosuez — to engage in the brokerage of foreign currency options traded on the Philadelphia Stock Exchange and in the provision of incidental investment advice with respect to such options through Carr Futures International, Inc., Chicago, Illinois. Approved, December 22, 1989. Dallas Cullen / Frost Bank of Dallas, N.A., Dallas, Texas — to acquire Cullen Center Bank and Trust, Houston, and Frost National Bank of San Antonio, San Antonio, Texas. Approved, December 18, 1989. Chicago First Chicago Corporation, Chicago, Illinois, and Continental Bank Corporation — to acquire the assets of Market Venture through a joint venture of Liberty Brokerage, Inc. Returned, December 21, 1989. S t . Louis First Malden Bancshares, Inc., Malden, Missouri — acquire First National Bank of Malden. Approved, December 19, 1989. S t . Louis FMS Bancorp, Inc., Poplar Bluff, Missouri — acquire First Missouri State Bank. Approved, December 19, 1989. to to H.2 DECEMBER 18, 1989 PAGE 4 TO DECEMBER 22, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago Gore - Bronson Bancorp, Inc., Prospect Heights, Illinois — to acquire Irving Bancorp, Inc., Chicago, Illinois, and Irving Bank. Approved, December 22, 1989. Chicago Hopedale Investment Co., Hopedale, Illinois — to act as principal, agent, or broker for credit related insurance issued in connection with extensions of credit by Community Bank of Hopedale. Returned, December 20, 1989. Dallas Kleberg Delaware, Inc., Wilmington, Delaware — to acquire Kleberg First National Bank of Kingsville, Kingsville, Texas. Approved, December 22, 1989. Chicago Lincoln Financial Corporation, Fort Wayne, Indiana — to acquire Signal Bancorp, Monticello, Indiana, and State and Savings Bank. Approved, December 19, 1989. Chicago Manning Financial Services, Inc., Manning, Iowa — acquire The First National Bank of Manning. Returned, December 20, 1989. Atlanta Merchant Bankshares Group, Inc., Fort Myers, Florida — to acquire Merchant National Bank. Approved, December 22, 1989. Chicago Premier Financial Group, Inc., Council Bluffs, Iowa — to acquire Manning Financial Services, Inc., Manning, Iowa, and The First National Bank of Manning. Returned, December 20, 1989. Chicago Tremont Bancorp, Inc., Tremont, Illinois — to acquire The First National Bank in Tremont. Approved, December 20, 1989. Chicago Valley Bancorporation, Appleton, Wisconsin — to acquire Peoples State Bank, Three Lakes; and First National Bank of Chippewa Falls, Chippewa Falls, Wisconsin. Approved, December 21, 1989. to H.2 DECEMBER 18, 1989 PAGE 5 TO DECEMBER 22, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Kansas City WallCo., Inc., Nehawka, Nebraska — Nehawka Bank. Approved, December 18, 1989. to acquire The BANK MERGERS Chicago Central State Bank, Elkader, Iowa — to merge with First State Savings Bank, McGregor, Iowa. Approved, December 21, 1989. BANK PREMISES St. Louis First State Bank of Dongola, Dongola, Illinois -investment in bank premises. Approved, December 22, 1989. Minneapolis North Shore Bank of Commerce, Duluth, Minnesota — investment in bank p r e m i s e s . Approved, December 19, 1989. BANKS, STATE MEMBER S t . Louis First State Bank of Dongola, Dongola, Illinois — payment of a dividend. Approved, December 22, 1989. S t . Louis State Bank of Breese, Breese, Illinois — a dividend. Approved, December 19, 1989. payment of CAPITAL STOCK Chicago Benton Financial Corporation, Fowler, Indiana — redemption of shares. Approved, December 19, 1989. CHANGE IN BANK CONTROL Chicago Capital Bancorp, Ltd., Lansing, Michigan — bank c o n t r o l . Permitted, December 22, 1989. change in H.2 DECEMBER 18, 1989 PAGE 6 TO DECEMBER 22, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CHANGE IN BANK CONTROL Philadelphia First Bath Corp., Bath, Pennsylvania — bank c o n t r o l . Permitted, December 18, 1989. change in Kansas City Founders Bancorporation, Inc., Oklahoma City, Oklahoma — change in bank c o n t r o l . Permitted, December 20, 1989. Dallas Hometown Bancshares, Inc., Houston, Texas — in bank c o n t r o l . Permitted, December 18, 1989. Kansas City Sherman County Management, Inc., Loup City, Nebraska — change in bank c o n t r o l . Permitted, December 21, 1989. change COMPETITIVE FACTORS REPORTS Richmond American Bank and Trust Company, Monroe, North Carolina, proposed purchase of the assets and assumption of the liabilities of American Commercial Savings Bank, Inc. — report on compet itive f a c t o r s . Submitted, December 18, 1989. Chicago DSB Interim Bank, Durand, Illinois, proposed merger with Durand State Bank — report on competitive factors. Submitted, December 22, 1989. Chicago First of America Bank - Peoria, Peoria, Illinois, proposed merger with Commercial National Bank of Peoria — report on competitive factors. Submitted, December 19, 1989. Philadelphia Hamburg Savings and Trust Company, Hamburg, Pennsylvania, proposed merger with Pennsylvania National Ban k and Trust Company, Pottsville, Pennsylvania — report on competitive factors. Submitted, December 20, 1989. H.2 DECEMBER 18, 1989 PAGE 7 TO DECEMBER 22, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Chicago Illinois National Ban k of Springfield, Springfield, Illinois, proposed purchase of certain assets and assumption of the liabilities of the Springfield, Illinois branch of Germania Bank, A Federal Savings, Bank, Alton, Illinois — report on competitive factors. Submitted, December 22, 1989. Minneapolis Sterling State Bank, Austin, Minnesota, proposed merger with Bank of Lyle, Lyle, Minnesota — report on competitive factors. Submitted, December 18, 1989. Chicago Trustcorp Bank, Ann Arbor, Ann Arbor, Michigan, proposed merger with Trustcorp Bank, Ypsilanti, Ypsilanti, Michigan — report on competitive factors. Submitted, December 19, 1989. Chicago Valley Bank, Northeast, Green Bay, Wisconsin, proposed merger with Valley Bank, Peshtigo, Peshtigo, Wisconsin — report on competitive factors. Submitted, December 22, 1989. EXTENSIONS 0£ TIME Cleveland Banc One Corporation, Columbus, Ohio — extension to March 27, 1990, to acquire Deposit Insurance Bridge Bank, Dallas, Texas. Granted, December 19, 1989. Chicago Blairstown Bancorp, Inc., Blairstown, Iowa — extension to March 19, 1990, to acquire Benton County State Bank. Granted, December 19, 1989. Richmond Central Fidelity Bank, Richmond, Virginia — extension to August 17, 1990, to establish a branch at the intersection of Route 220 and Valley Avenue, Roanoke, Virginia. Granted, December 20, 1989. H .2 DECEMBER 18, 1989 PAGE 8 TO DECEMBER 22, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME Atlanta Citrus Financial Services Corporation, Vero Beach, Florida — extension to March 21, 1990, to acquire Citrus Bank, National Association. Granted, December 19, 1989. San Francisco Far West Bancorporation, Provo, Utah — extension to April 12, 1990, to acquire Far West Bank. Granted, December 21, 1989. San Francisco Johnson International Bancorp, Inc., Racine, Wisconsin — extension to March 27, 1990, to acquire Biltmore Bank Corp, Phoenix, Arizona. Granted, December 21, 1989. Boston Ocean State Bancshares Corporation, Middletown, Rhode Island — extension to March 22, 1990, to acquire Ocean State National Bank. Granted, December 21, 1989. Kansas City OMNIBANCORP, Denver, Colorado — - extension to March 20, 1990, to acquire OMNIBANK. Granted, December 22, 1989. San Francisco Security Pacific Corporation, Los Angeles, California — extension to divest certain property. Granted, December 21, 1989. San Francisco Security Pacific Corporation, Los Angeles, California — extension to divest certain property. Granted, December 22, 1989. Chicago Star Financial Group, Inc., Marion, Indiana — extension to March 16, 1990, to engage in credit card related functions for financial institutions, through Star BankCard Services, Inc., Marion, Indiana. Granted, December 19, 1989. H.2 DECEMBER 18, 1989 PAGE 9 TO DECEMBER 22, 1989 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 14, 1989. Published, December 22, 1989. RESERVE BANK OPERATIONS Director, FRBO Federal Reserve Bank of Atlanta — computer e q u i p m e n t . Approved, December 22, 1989. Director, FRBO Federal Reserve Bank of S t . Louis — to purchase computer storage related e q u i p m e n t . Approved, December 21, 1989. to purchase H-2 DECEMBER 18, 1989 PAGE 10 ADDITIONS AND CORRECTIONS TO DECEMBER 22, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Kansas City Halstead Bank, Halstead, Kansas, proposed merger with The State Bank of Bentley, Bentley, Kansas — report on competitive factors. Submitted, December 11, 1989. INTERNATIONAL OPERATIONS New York Chemical International Finance, Ltd., New York, New York — to make an additional investment in Chemical Bank International Investments Holdings, Ltd., London, England. Permitted, December 16, 1989. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS 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 Application Comment Period Ending Date Olde VTindsor Bancorp, Inc., Olde Windsor, Connecticut (Olde Windsor) - Change in Control notification filed by John A. Coccomo, Sr. to acquire an additional 10.1% of the voting shares of Olde Windsor Newspaper *John A.Kaneb, Chelsea, Massachusetts - Change in Control notification to acquire an additional 8.67% of the voting shares of Neworld Bancorp, Inc., Boston, Massachusetts Newspaper 12-20-89 Federal Register Not Yet Established 12-22-89 Federal Register Not Yet Established 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 Comment Period Ending Date NONE ♦Subject to CRA Federal Reserve Bank of New York Comment Period Ending Date SECTION I Applications Subject to Newspaper ____________ Notice Only__________ None. SECTION II Applications Subject to Both Newspaper and Federal Register Notice None. SECTION III Noribanking Applications (Subject to Federal Register Notice Only) Citicorp, New York, New York to engage through Citicorp Securities Markets, Inc. in acting as private placement agent with respect to all types of securities and effecting securities transactions as riskless principal. N/A Citicorp, New York, New York to acquire through its subsidiary, Citicorp Credit Services, Inc., the merchant processing business of FCC National Bank and thereby to engage in making, acquiring and servicing extensions of credit as permitted for credit card companies. N/A Amsterdam-Rotterdam Bank, N.V. and Stichting Amro, both of Amsterdam, the Netherlands to engage through their subsidiary, Pierson Heldring & Pierson Investment Finance (U.S.) Inc., in acting as agent in the private placement of securities with financially sophisticated investors, providing securities brokerage services, exercising discretion in buying and selling securities on behalf of customers, providing investment advice and research, and providing other financial and merger and acquisition advice. N/A Community Bank System, Inc., Syracuse, New York to engage directly in commercial lending activities. N/A SECTION IV Applications Not Involving ________ Public Comment________ 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. N/A - Not Available Date specified in Federal Register notice; a later date may be specified in the newspaper notice. FEDERAL RESERVE BAN KO F PHILADELPHIA W e e k Ended 12/22/89 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date Meridian Bank, Reading, PA to establish an 1/ offsite electronic banking facility to be located at the York Memorial Hospital, 325 South Belmont Ave., York, PA 1/15/90 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Comment Period Ending Date National Penn Bancshares, Boyertown, PA to 1/ acquire a minimum of 19.9% and a maximum of 24.9% shares of Valley Community Bank, Kingston, PA pursuant to Section 3(a)(3) of the Bank Holding Company Act. Newspaper Federal Register: 1/8/90 1/5/90 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Comment Period Ending Date CCNB Corporation, New Cumberland, PA to acquire at least 95% of Parent Federal Savings Bank, Lancaster, PA, pursuant to Section 4(c)(8) of the Bank Holding Company Act. *N/A 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. Ten Independence Mall, Philadelphia, PA 19106-1574, (215) 574-6000 Applications Bulletin F o r W e e k E n d i n g D e c e m b e r 23, 1989 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY COMMENT PERIOD ENDING APPLICATION NONE S E C T I O N II - A P P L I C A T I O N S S U B J E C T T O B O T H NEWSPAPER AND FEDERAL REGISTER NOTICE R e c e i v e d S e c t i o n 3(a)(1) a p p l i c a t i o n f r o m N o r t h A m e r i c a n B a n c o r p , Inc., Pittsburgh, Pennsylvania, to acquire N o r t h S i d e D e p o s i t Bank, P i t t s b u r g h , Pennsylvania. *N: J a n u a r y 31, 1990 S E 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 T O F E D E R A L R E G I S T E R NOTICE ONLY R e c e i v e d S e c t i o n 4(c ) ( 8 ) N o t i f i c a t i o n from Star Banc Corporation, Cinncinnati, Ohio, t o e n g a g e d e n o v o in m a k i n g i n v e s t m e n t s in l i m i t e d p a r t n e r s h i p s designed to promote community welfare through the rehabilitation of housing for low- and m o d e r a t e - i n c o m e p e o p l e p u r s u a n t t o S e c t i o n 2 2 5 . 2 5 ( b ) (6) o f R e g u l a t i o n Y. * # N F - Not Yet Known # S u bject to CRA E x p e c t e d t o e n d a p p r o x i m a t e l y 30 d a y s f r o m t h e d a t e o f r e c e i p t Newspaper Comment Period Federal Register Comment Period Applications Bulletin F o r W e e k E n d i n g D e c e m b e r 23, 1989 SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Received notice from FGC H o lding Company, Inc., M a r t i n , K e n t u c k y , o f i t s i n t e n t t o r e d e e m all (1,010 shares) of its Cl a s s A p r e f e r r e d a n d C l a s s B p r e f e r r e d stock. * # N F - Subject to CRA E x p e c t e d t o e n d a p p r o x i m a t e l y 30 d a y s f r o m t h e d a t e o f r e c e i p t Newspaper Comment Period Federal Register Comment Period Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Crestar Bank, Richmond, Virginia, request for permission to establish a branch at 13001 Hull Street Road, Midlothian, Virginia.* 1-18-90 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Sovran Financial Corporation, Norfolk, Virginia, for prior approval to acquire 16.6% of the voting shares of The Citizens and Southern Corporation, Atlanta, Georgia.* 1-5-90 Montgomery Bancorp, Inc., Bethesda, Maryland, for prior approval to acquire 100% of the voting shares of Prince George's National Bank (in organization), Landover, Maryland.* 1-22-90 Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date None Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None ♦Application is subject to CRA. Week Ending December 22, 1989 Federal Reserve Bank of Atlanta Applications Bulletin Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Conrosnt Period Ending Date SouthTrust Corporation Birmingham, Alabama To acquire SouthTrust Bank of North Carolina, National Association, Raleigh, North Carolina, through charter conversion of First Capital Corporation, Raleigh, North Carolina. Community National Bancorporation 01-06-90 Ashbum, Georgia Newspaper 1-BHC formation, Comnunity National Bank, Ashbum, Georgia (in organization). Main Street Banks Incorporated 01-08-90 Covington, Georgia Federal Register Change in control by Robert R. Fowler Estate Marital Trust (Robert R. Fowler III, Trustee), to acquire 31.5 percent of the outstanding shares of cannon stock. Gulf South Bancshares, Inc. Gretna, Louisiana After-the-fact change in control by Gerald Schexnayder to retain 1.76 percent of the outstanding shares of cotm'on stock. The acquisition which was primarily because of debenture conversions resulted in his total ownership to 11.26 percent. Section III - Application Subject To Federal Register Notice Only Application Merchant Bank Corporation Atlanta, Georgia To establish Merchant Bank Securities Corporation, Atlanta, Georgia, and engage de novo in the private placement of debt and equity securities brokerage activities, pursuant to section 225.25(b)(15) of Regulation Y. Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Southern National Banks, Inc. Port Walton Beach, Florida Commitment waiver request. Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Tvoe Application EFT The Roc k Island Bank Rock Island, Illinois Black Hawk College, 6600 34th Avenue Moline, Illinois* Comment Period Ending Date NP - ** Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Type Application Y-2 First Affiliated Bancorp, Inc* Watseka, Illinois Bancorp of Northwestern Indiana, Inc* Goodland, Indiana Goodland State Bank Goodland, Indiana* FR - ** N - ** Y-2 Amcore Financial, Inc* Rockford, 111inois Central of Illinois, Inc* Sterling, Illinois Citizens State Bank of Mount Morris Mount Morris, Illinois The Central National Bank of Sterling Sterling, Illinois* FR - ** N - ** CoC-HC Maxwell Bancorporation Maxwell, Iowa William R. Hurd, Larry V. Anderson, Don E* Holder & Virginia Hurd F R - ** N - ** Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Type Application 4(c)(8) First Colonial Bankshares Corporation Chicago, Illinois First Colonial Mortgage Corporation Rosemont, Illinois FR - ** Y-4 Amcore Financial, Inc, Rockford, Illinois Illini Insurance Company, Inc, Sterling, Illinois FR - ** Section IV - Applications Not Subject to Federal Register Notice Or Newspaper Notice Type Application None N FR * ** - Newspaper Federal Register Subject to Provisions of Community Reinvestment Act Not available at this time Federal Reserve Bank of St. Louis SECTION I ~ APPLICATIONS SUBJECT 10 NEWSPAPER None. SECTION II ~ APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Comment Period Ending Date ♦Section 3(a)(1) application by Nashoba Bancshares, Inc., Memphis, Tennessee, to acquire Nashoba Bank, Memphis, Tennessee, a de novo bank (Newspaper 1-22-90) ♦Section 3(a)(1) application by Alton Bancshares, Inc., Grandin, Missouri, to acquire Alton Bank, Alton, Missouri (Not available) SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER Section 4(c)(8) application by SBC Financial Corporation, Como, Mississippi, to own and operate a savings association through the acquisition of New South Capital Corporation, Batesville, Mississippi, thereby acquiring New South Bank for Savings, A Federal Savings Bank, Batesville, Mississippi (Not available) SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE None. * This application is subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to _____ Newspaper Notice Only_____ Comment Period Ending Date Application Farmers State Bank Victor, MT To establish a de novo branch in Florence, MT Not yet available Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Application Duane S. Amundson To acquire control of 28.50% of Culbertson Ban Corp., Culbertson, MT Not yet available First Interstate Bank of Fargo, N.A. and Affiliates ESOP Fargo, ND To acquire First Interstate of North Dakota, Inc., Fargo, ND* Not yet available Beverly Fingerhut Deikel, Ronald Fingerhut and Allen Fingerhut To acquire control of 99.09% of D. L. Bancshares, Inc., Detroit Lakes, MN Not yet available James R. Scott To acquire control in excess of 25% of First Interstate BancSystem of Montana, Inc., Billings, MT Not yet available Section III - Applications Subject to Federal Register Notice Only . Application None. * Subject to CRA Comment Period Ending Date FEDERAL RESERVE BANK OF MINNEAPOLIS Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application First Interstate of North Dakota, Inc., Fargo, ND to redeem up to 65.6% of its voting shares. Federal Reserve Bank of Kansas City M a r v i n N. C h r i s t e n s e n , Waubun, Minnesota, for prior approval to a c q u i r e a 100 p e r c e n t o w n e r s h i p i n t e r e s t in C o l u m b i n e V a l l e y B a n k & T r u s t , L i t t l e t o n , Colorado. D e c e m b e r 28, 1989 C h r i s m a n - S a y w e r Bancshares, Inc., K a n s a s City, M i s s o u r i , for p r i o r approval to become a bank holding c o m p a n y t h r o u g h the acquisition of 8 7 . 1 8 p e r c e n t of the v o t i n g s h a r e s o f F i r s t C i t y Bank, I n d e p e n d e n c e , M i s s o u r i .* D e c e m b e r 29, 1989 J o h n E. K i r k p a t r i c k , C h r i s t i a n K. K e e s e e a n d J a m e s K. Hotchkiss, O k l a h o m a City, Oklahoma, for p r i o r a p p r o v a l , as trustees, to a c q u i r e a 1 9 . 6 0 p e r c e n t o w n e r s h i p i n t e r e s t in B a n k s of M i d - A m e r i c a , Inc., O k l a h o m a City, Oklahoma. D e c e m b e r 28, 1989 C h a r l e s A. M c N a m a r a III, Tulsa, Oklahoma, for prior approval to a c q u i r e c o n t r o l of a 35.89 p e r c e n t o w n e r s h i p i n t e r e s t t h r o u g h an o p t i o n a g r e e m e n t , M i c h a e l S. F o r s m a n , T u l s a , Oklahoma, for p r i o r a p p r o v a l t o a c q u i r e c o n t r o l of a 1 6 . 5 6 p e r c e n t o w n e r s h i p inte r e s t t h r o u g h a n o p t i o n agreement, an d D a v i d W. H o l d e n , Tulsa, Oklahoma, for p r i o r a p p r o v a l t o a c q u i r e control of a 2.76 percent ownership i n t e r e s t t h r o u g h an o p t i o n agreement, all involving Central S e r v i c e C o r p o r a t i o n , Enid, O k l ahoma. D e c e m b e r 27, O r e n L e e B e n t o n , Denver, Colorado, for p r i o r a p p r o v a l t o i n crease h i s o w n e r s h i p i n t e r e s t in B e l c a r o Bank, G l e n d a l e , C o l o r a d o , f r o m 8.33 p e r c e n t t o 1 0 0 perc e n t . J a n u a r y 8, 1990 1989 Federal Reserve Bank of Kansas City SECTION I ~ APPLICATIONS SUBJECT TO N E W S P A P E R NOTICE ONLY APPLICATION C O M M E N T P E R I O D E N D I N G DATE None. S E C T I O N II - A P P L I C A T I O N S S U B J E C T T O B O T H NEWSPAPER AND FEDERAL REGISTER NOTI C E APPLICATION C O M M E N T P E R I O D E N D I N G DATE K a w V a l l e y B a n c s h a r e s , Inc., K a n s a s City, Kan s a s , for prior approval to acquire 100 p e r c e n t of t h e v o t i n g s h a r e s of G a l l e r i a Bank, O v e r l a n d Park, K a n s a s . * Not Available States National Bancshares, Inc., Palco, K a n s a s , for prior approval to become a bank holding company through t h e a c q u i s i t i o n of 8 0 . 0 5 p e r c e n t of t h e v o t i n g s h a r e s of T h e F i r s t N a t i o n a l Bank, Palco, K a n s a s . * Not Available H N B C o r p o r a t i o n , A r k a n s a s City, Kans a s , f o r p r i o r a p p r o v a l to a c q u i r e 5 5 . 8 7 p e r c e n t of t h e v o t i n g s h a r e s of T h e F i r s t N a t i o n a l B a n k a n d T r u s t Company, P o n c a City, O k l a h o m a . * Not Available S o u t h w e s t H o l d i n g s , Inc., Omaha, N e b r a s k a , for p r i o r approval to become a bank holding company through the a c q u i s i t i o n of 100 p e r c e n t of t h e v o t i n g c o m m o n s h a r e s a n d 100 p e r c e n t of t h e s e n i o r cumulative preferred stock of S o u t h w e s t B a n k & T r u s t C o m p a n y of Omaha, Omaha, Nebraska.* Not Available Federal Reserve Bank of Kansas City S E 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 T O F E D E R A L R E G I S T E R NOTICE ONLY COMMENT PERIOD ENDING DATE APPLICATION H o o k e r N a t i o n a l Bancs h a r e s , H o o k e r , O k l a h o m a , for p r i o r approval to enga g e de novo in c r e d i t - r e l a t e d i n s u r a n c e activities. Not Available S E C T I O N IV - APPLICATIONS NOT SUBJECT TO FEDERAL R E G I S T E R NOTICE OR NEWSPAPER NOTICE APPLICATION None. ♦ A p p l i c a t i o n is s u b j e c t t o CRA FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF DECEMBER 18, 1989 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE ** NOTICE EXP APPLICATION Change in Control Notice by Arvin Ryan Dillard, Jr., Wichita Falls, TX, to acquire an interest in United Texas Financial Corporation, Wichita Falls, TX 89/12/27 Change in Control Notice by Earl G. Kendrick, Jr., Alexandria, VA, to acquire an interest in Woodforest Bancshares, Inc., Houston, TX N/A Change in Control Notice by Arthur Temple, Diboll, TX, to acquire an interest in First Community Financial Corporation, Lufkin, TX N/A Change in Control Notice by Arthur Temple, Diboll, TX, to acquire an interest in Pineland Bancshares, Inc., Pineland, TX N/A Change in Control Notice by Arthur Temple, Diboll, TX, to acquire an interest in Diboll State Bancshares, Inc., Diboll, TX N/A SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION None. NOTICE EXP SECTION IV - APPLICATIONS HOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. * SUBJECT TO CRA. ** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY. N/A - NOT AVAILABLE AT THIS TIME. FECERAL RESERVE BANK OF SAN FRANCISCO Week ending 12/22/89 Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date CivicBank of Commerce, Oakland, California, to establish a branch at 2101 Webster Street, Oakland, California. * Newspaper: 1/17/90 Section II - Applications Subject to Both Newspaper and Federal Register Notice None Section III - Applications Subject to Federal Register Notice Only None Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice None * Subject to CRA.
@FedFRASER