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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1995, No. 52
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending December 30, 1995

ACTIONS TAKEN SY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
First Bank System, Inc., Minneapolis, Minnesota, and
Wells Fargo & Company, San Francisco, California -simultaneous public meetings to be held on January
22 and 23 in Los Angeles and San Francisco on the
applications to acquire First Interstate Bancorp,
Los Angeles, California.

Announced,

January 4, 1996.

U.S. Bancorp, Portland, Oregon -- request for
reconsideration of the Board’s approval of the
application to merge with West One Bancorp, Boise,
Idaho.
Denied, December 28, 1995.
GENERAL ACCOUNTING OFFICE
Bank Mutual Funds:
Sales Practices and Regulatory
Issues -- response to recommendation in the General
Accounting Office report.
Published, December 29, 1995.
INTERNATIONAL OPERATIONS
First National Bank of Chicago, Chicago, Illinois -to make an investment in First Chicago Limited,
London, England.
Permitted, December 29, 1995.
REGULATIONS AND POLICIES




Rules Regarding Equal Opportunity -- amendment
concerning access to investigative files
(Docket R-0894).
Approved, December 27, 1995.

H .2

DECEMBER 26, 1995
PAGE 2

TO

DECEMBER 29, 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
Minneapolis

M&I Community State Bank, Eau Claire, Wisconsin -- to
establish an automated teller macKine branch in Eau
Claire, Wisconsin.
Approved, December 28, 1995.

BANK HOLDING COMPANIES




San Francisco

California State Bank, West Corvina, California -request for waiver of application filed on behalf
of California State Bank, in connection with
proposed merger of Landmark Bancorp, La Habra,
California, and Landmark Bank.
Returned, December 27, 1995.

Richmond

Carolina First Corporation, Greenville, South
Carolina -- to acquire Blue Ridge Finance Company,
Inc .
Approved, December 29, 1995.

Secretary

CCB Financial Corporation, Durham, North Carolina -to engage in lending activities.
Approved, December 29, 1995.

Cleveland

Colonial Banc Corp. Eaton, Ohio -- to acquire Ron
,
Stewart Appraisal Enterprises and engage in real
estate and personal property appraisal activities.
Approved, December 27, 1995.

San Francisco

Columbia Bancorp, The Dalles, Oregon -- to become a
bank holding company through the reorganization of
Columbia River Banking Company.
Approved, December 29, 1995.

Kansas City

Commercial Guaranty Bancshares, Inc., Shawnee
Mission, Kansas -- to acquire First Commercial
Bank, N.A., Overland Park, Kansas.
Approved, December 27, 1995.

H .2

DECEMBER 26, 1995
PAGE 3

TO

DECEMBER 29, 1995

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

BANK HOLDING COMPANIES




San Francisco

Dartmouth Capital Group, Inc., Encinitas, California
and SDN Bancorp, Inc. -- request for waiver of
application filed on behalf of Dartmouth and SDN in
connection with proposed acquisition and merger of
Liberty National Bank, Huntington Beach,
California, with Liberty Acquisition Bank, N.A.,
San Diego, California.
Approved, December 29, 1995.

Atlanta

First Bancshares, Inc., Grove Hill, Alabama -- to
continue engaging in insurance agency activities
through I & I, Inc.
Approved, December 28, 1995.

Kansas City

First Community Bancshares, Inc., Knob Noster,
Missouri -- to engage de novo in credit-related
insurance and lending activities through First
American Mortgage Co., Inc.
Approved, December 29, 1995.

Atlanta

First Hardee Holding Corporation, Wachula, Florida -to acquire First National Bank of Wachula.
Approved, December 27, 1995.

Minneapolis

First Manistique Corporation, Manistique, Michigan -to acquire South Range State Bank, South Range,
Michigan.
Approved, December 29, 1995.

San Francisco

FNB Bancorp, Los Angeles, California -- to become a
bank holding company through reorganization of
Founders National Bank of Los Angeles, Los Angeles,
California.
Returned, December 26, 1995.

H .2

DECEMBER 26, 1995
PAGE 4

TO

DECEMBER 29, 1995

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

BANK HOLDING COMPANIES




Chicago

Loof Investment Co., Grand Junction, Iowa -- request
for waiver of application in connection with
proposed acquisition of Security National Bank,
Jefferson, Iowa.
Approved, December 27, 1995.

Richmond

Northern National Corporation, Winston-Salem, North
Carolina -- to engage in lending activities.
Approved, December 29, 1995.

San Francisco

Pacific Bank, National Association, San Francisco
California -- request for waiver of application in
connection with proposed acquisition and merger of
Burlingame Bancorp, Burlingame, California, and
Burlingame Bank & Trust Co. with Pacific Bank.
Approved, December 28, 1995.

Chicago

Shorebank Corporation, Chicago, Illinois -- to
consolidate the Austin Labor Force Intermediary
into the Neighborhood Institute, and engage in
making equity and debt investments in corporations
or projects designed to promote community welfare.
Permitted, December 28, 1995.

Atlanta

TAC Bancshares, Inc., Miami, Florida, and Chase
Federal Bank, A Federal Savings Bank, -- request
for waiver of application in connection with
proposal to acquire Founders Financial Corporation,
Fort Myers, Florida, and Founders National Trust
Bank.
Approved, December 27, 1995.

Chicago

Thumb Bancorp, Inc., Pigeon, Michigan - - t o acquire
Thumb National Bank and Trust Company.
Approved, December 27, 1995.

H .2

DECEMBER 26, 1995
PAGE 5

TO

DECEMBER 29, 1995

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

BANK MERGERS
San Francisco

Bank of Santa Maria, Santa Maria, California, request
for waiver of application to merge with Citizens
Bank of Paso Robles, N.A., Paso Robles, California.
Returned, December 27, 1995.

Cleveland

Fifth Third Bank of Northeastern Ohio, Cleveland,
Ohio -- to acquire certain assets and assume
certain liabilities of 28 branches of First
Nationwide Bank, FSB, Dallas, Texas.
Approved, December 26, 1995.

Atlanta

Southeastern Bank of Florida, Alachula, Florida -- to
acquire branches of Compass Bank, Jacksonville,
Florida, at 300 West AIA, Yulee; 305 South Kings
Road, Callahan; and 104 West Second Street,
Hilliard, Florida.
Approved, December 28, 1995.

BANK PREMISES
Kansas City

Premier Bank, Lenexa, Kansas -- investment in bank
premises.
Approved, December 27, 1995.

New York

Salamanca Trust Company, Salamanca, New York -investment in bank premises.
Approved, December 27, 1995.

BANKS. STATE MEMBER
Kansas City

First Union Bank, Neligh, Nebraska -- payment of a
dividend.
Approved, December 28, 1995.

CAPITAL STOCK




Kansas City

American Bancorp of Oklahoma, Inc., Edmond,
Oklahoma -- redemption of shares.
Approved, December 27, 1995.

Chicago

Thumb Bancorp, Inc., Pigeon, Michigan -- redemption
of shares.
Approved, December 27, 1995.

H .2
DECEMBER 26, 1995
PAGE 6

TO

DECEMBER 29, 1995

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

CHANGE IN BANK CONTROL
Atlanta

Evergreen Bancshares, Inc.., Tallahassee, Florida -change in bank control.
Permitted, December 29, 1995.

Dallas

First State Bankshares, Inc., Spearman, Texas -change in bank control.
Permitted, December 27, 1995.

COMPETITIVE FACTORS REPORTS




Atlanta

Bank of Florida, South Miami, Florida, proposed
merger with BankUnited, FSB, Coral Gables,
Florida -- report on competitive factors.
Submitted, December 27, 1995.

San Francisco

Bank of Santa Maria, Santa Maria, California,
proposed merger with Citizens Bank of Paso Robles,
N.A., Paso Robles, California -- report on
competitive factors.
Submitted, December 27, 1995.

San Francisco

Burlingame Bank & Trust Co., Burlingame, California,
proposed merger with Burlingame Bancorp. -- report
on competitive factors.
Submitted, December 23, 1995.

Atlanta

Colonial Bank, Montgomery, Alabama, proposed purchase
of certain assets and assumption of certain
liabilities of the Enterprise, Alabama, branch of
First Federal Bank, A FSB, Tuscaloosa, Alabama -report on competitive factors.
Submitted, December 27, 1995.

Minneapolis

First National Bank of Milnor, Milnor, North Dakota,
proposed merger with First National Bank, Lisbon,
North Dakota -- report on competitive factors.
Submitted, December 29, 1995.

San francisco

Marine National Bank, Irvine, California, proposed
merger with Shinhan Interim National Bank -- report
on competitive factors.
Submitted, December 23, 1995.

H.2
DECEMBER 26, 1995
PAGE 7

TO

DECEMBER 29, 1995

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

COMPETITIVE FACTORS REPORTS
Atlanta

Wachovia Bank of Georgia, N.A., Atlanta, Georgia,
proposed merger with Southern Heritage Savings
Bank, Athens, Georgia -- report on competitive
factors.
Submitted, December 27, 1995.

EXTENSIONS OF TIME
BankAmerica Corporation, San Francisco, California -extension to divest certain property.
Granted, December 27, 1995.
Richmond

F & M Winchester, Winchester, Virginia -- extension
to January 27, 1997, to establish a branch at the
intersection of Route 50 and Route 3MQ, Boyce,
Virginia.
Granted, December 29, 1995.

Richmond

NationsBank Corporation, Charlotte, North Carolina -extension to June 30, 1996, for NationsBank
Overseas Corporation to make an investment in a
commercial bank subsidiary in Mexico City, Mexico.
Granted, December 23, 1995.

San Francisco

U.S. Bancorp, Portland, Oregon -- extension to divest
certain property.
Granted, December 29, 1995.

San Francisco

Zions Bancorporation, Salt Lake City, Utah extensions to divest certain properties.
Granted, December 27, 1995.

Kansas City

Union State Bank, Arkansas City, Kansas -- to become
a member of the Federal Reserve System.
Approved, December 27, 1995.

MEMBERSHIP




H.2
DECEMBER 26, 1995
PAGE 8

TO

DECEMBER 29, 1995

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

REGULATIONS AND POLICIES
Secretary

Compass Bancshares, Inc., Birmingham, Alabama -request for waiver of application for acquisition
by Compass of Flower Mound Bancshares, Inc.,
Birmingham, Alabama, and Security Bank.
Granted, December 27, 1995.

RESERVE BANK OPERATIONS




GC

Book-Entry Securities Account Maintenance and
Transfer Services -- amendments to uniform
operating circular concerning closing time for the
Fedwire book-entry securities transfer system.
Approved, December 27, 1995.

H.2

ADDITIONS AND CORRECTIONS

DECEMBER 26, 1995
PAGE 9

TO

DECEMBER 29, 1995

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

BANK BRANCHES, DOMESTIC
Chicago

Security Trust & Savings Bank, Storm Lake, Iowa -- to
establish an offsite electronic facility at 1500
North Lake Avenue.
Approved, December 21, 1995.

EXTENSIONS OF TIME




Chicago

First National Company, Storm Lake, Iowa -- extension
to March 31, 1996, within which to acquire Buena
Vista Abstracting, and engage in abstracting
activit ies.
Granted, December 22, 1995.

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

Application

Comment Period Ending 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 TO B O T H
NEWSPAPER AND FEDERAL REGISTER NOTICE

Application

Comment Period Ending Date

Beacon Bancorp, Taunton,
Massachusetts - 3(a)(1)
application to become a
mutual bank holding company
by acquiring Bristol County
Savings Bank, Taunton,
Massachusetts*

Newspaper

Chittenden Corporation,
Burlington, Vermont 3 ( a ) (3) application to
acquire Flagship Bank
and Trust Company,
Worcester, Massachusetts*

Newspaper

Federal Register

Federal Register

01/14/96
Not Yet Established

01/02/96
Not Yet Established

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 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

Comment Period Ending Date
NONE
S E 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 T O
FEDERAL REGISTER OR NEWSPAPER NOTICE

Application
NONE
SECTION V

Institution

- 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

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 Pate
SECTION I
Applications Subject to Newspaper
___________Notice Only__________
None.
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
Notice of Change in Bank Control on behalf
of Mr. Young In Chung and Mrs. Hye Sun
Chung, Warren, New Jersey, with respect to
the acquisition of 6,000 additional shares
of common stock of BNB Financial Services
Corporation, New York, New York, representing
1.1 percent of the total outstanding shares,
thereby increasing Notificants' aggregate
holdings to 10.9 percent of Corporation's
outstanding shares.

N/A

SEC33QELI1I
Nonbanking Applications
(subject to Federal Register Notice Only)
None.
.ECTION IV
S
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 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
moderate- income neighborhoods, in a manner consistent with
its resources and capabilities.
Week Ending December 30. 1995
NAME OF BANK

RATING

EXAMINATION DATE

None .

|0J |tO |H

/
/
/

4/

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




FEDERAL RESERVE BANK OF PHILADELPHIA

Section I - APPLICATIONS RECEIVED AND SUBJECT TO NEWSPAPER NOTICE ONLY
NONE
SECTION II - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER
NOTICE
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:

01/03/96
12/20/95

CoreStates Financial Corp, Philadelphia, Pennsylvania to acquire Meridian Bancorp,
Inc., Reading, Pennsylvania and thereby indirectly acquire Meridian Bank, Reading,
Pennsylvania; Delaware Trust Company, Wilmington, Delaware; Meridian Bank, New Jersey,
Cherry Hill, New Jersey; and all of Meridian Bancorp, Inc.'s nonbanking subsidiaries,
pursuant to Sections 3 and 4 of the Bank Holding Company Act.
Federal Register comment period expires:
Newspaper Notice comment period expires:

01/22/96
01/11/96

Harris Financial MHC, Harrisburg, Pennsylvania to acquire First Federal Savings & Loan
of Harrisburg, Harrisburg, Pennsylvania, pursuant to Section 4(c)(8) of the Bank
Holding Company Act and Section 225.25(b)(9) of Regulation Y.
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
CoreStates Financial Corp, Philadelphia, Pennsylvania to engage in enhanced media
services including the issuance of travelers checks, postage stamps, & money orders
through EPS, pursuant to Section 4 of the Bank Holding Company Act.
Federal Register comment period expires:

01/11/96

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 29, 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
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

CRA Rating

NONE

NONE

NONE




F ed er a l R eser v e B ank
o f C lev e la n d
P. O. BOX 6387
CLEVELAND, OHIO 44101-1387

APPLICATIONS BULLETIN
(For the week ending December 30, 1995)
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE O N L Y

Received application from Premier Bank & Trust, Elyria, Ohio,
on December 11, 1995, of its intent to acquire 11 select offices
of Bank One, Cleveland, National Association, Cleveland, Ohio,
and incident thereto establish branch facilities.

* Not Yet Known #

Received application from The Ohio Bank, Findlay, Ohio,
on December 18, 1995, of its intent to acquire 5 select offices
of Society National Bank, Cleveland, Ohio, and incident thereto
establish branch facilities.

* Not Yet Known #

SECTION

n - APPLICATIONS REGISTERTO B O T H NEWSPAPER A N D FEDERAL
SUBJECT
NOTICE

Received Section 3(a)(5) application from First Financial
Bancorp, Hamilton, Ohio, on December 29, 1995, to acquire
F&M Bancorp, Rochester, Indiana.

*N: January 27, 1996

Received Section 3(a)(3) application from FirstMerit
Corporation, Akron, Ohio, on December 29, 1995, to acquire
FirstMerit Trust Company, N.A., Naples, Florida.

* Not Yet Known #

SECTION m - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE O N L Y

Received Section 4(c)(8) Notice from Whitaker Bank
Corporation of Kentucky, Lexington, Kentucky, on
December 28, 1995, of its intent to acquire Independence
Financial, Inc., a wholly-owned subsidiary of Mount
Sterling National Holding Corporation, Mount Sterling,
Kentucky.

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



* Not Yet Known #

F ed e r a l R eser v e B ank
o f C lev ela n d
P. 0 . BOX 6387
CLEVELAND, OHIO 44101-1387

APPLICATIONS BULLETIN
(For the week ending December 30, 1995)

SECTION IV - APPLICATIONS N O T SUBJECT TO FEDERAL REGISTER NOTICE
O R 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 O F C R A PUBLIC EVALUATIONS
(December 29, 1995)

The following s a e member banks have been examined by the Federal Reserve Bank of
tt
Cleveland for compliance with The Community Reinvestment Act. A public evaluation
document became available from the bank(s) l s e below during the week ended December 29,
itd
1995. I you are i t r s e i obtaining a copy of an evaluation document, please contact the
f
neetd n
bank(s) d r c l .
iety
There are four descriptive r t n s for CRA:
aig
OUTSTANDING: a bank i t i group has an outstanding record o , and i a leader
n hs
f
s
i , ascert i i g and helping t meet the c e i needs of is e t r delineated community,
n
ann
o
rdt
t nie
including low- and moderate-income neighborhoods, i a manner consistent with i s resources
n
t
and c p b l t e .
aaiiis
SATISFACTORY: a bank i t i group has a s t s a t r record of ascertaining and
n hs
aifcoy
helping t meet the c e i needs of is e t r delineated community, including low- and
o
rdt
t nie
moderate-income neighborhoods, i a manner cons s e t with is resources and c p b l t e .
n
itn
t
aaiiis
NEEDS T O IMPROVE: a bank i t i group needs t improve is overall record of
n hs
o
t
ascertaining and helping t meet the c e i needs of is e t r delineated community, including
o
rdt
t nie
low- and moderate-income neighborhoods, in a manner c n i t n with is resources and
osset
t
cpblte.
aaiiis
SUBSTANTIAL N O N COMPLIANCE: a bank i t i group has a s b t n i l y
n hs
usatal
d f c e t record of ascertaining and helping t meet the c e i needs of i s e t r delineated
eiin
o
rdt
t nie
community, including low- and moderate-income neighborhoods, i a manner c nsistent with
n
o
is resources and c p b l t e .
t
aaiiis
NONE




Federal Reserve Bank of Richmond
Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

Triangle Bank,, Raleigh, North Carolina,
to establish a branch at 123 Rowan
Street, Fayetteville, North Carolina.*

1-15-96

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

Comment Period Ending Date

First Union Corporation, Charlotte, North
Carolina, to acquire 100% of the voting
shares of Society First Federal Savings
Bank, Fort Myers, Florida.*

1-22-96

Matewan Bancshares, Inc., Williamson, West
Virginia, to acquire 100% of the voting
shares of Bank One, N.A., Pikeville,
Kentucky.*

1-22-96

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

None.

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

Application
None.

'^Application is subject to CRA requirements.




Federal Reserve Bank of Richmond
Section V - Availability of CRA Public Evaluations
Week ending December 29, 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

Virginia Community Bank
P. 0. Box 888
Louisa, Virginia




23093-0888

10-2-95

Satisfactory

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending December 29. 1995
Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

CBG Compagnie Bancaire Gen6ve
Not yet available*
Geneva, Switzerland
To establish an international representative office located in Miami, Florida.
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

The Weatherford Foundation of Red Bay, Alabama
12-31-95*
Red Bay, Alabama
Newspaper
After-the-fact change in control notice by Ms. Ruth Cain T h o m e 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.
Wilson Bank Holding Company
01-08-96*
Lebanon, Tennessee
Federal Register
To acquire DeKalb Bank & Trust, Smithville, Tennessee (in organization) , pursuant
to Section 3(a) (3) of the Bank Holding Company Act.
Section 3 - Applications Subject to Federal Register Only
Application

Comment Period Ending Date

Pinellas Bancshares Corporation
Not yet available*
St. Petersburg, Florida
To acquire Eickhoff, Pieper & Willoughby, Inc., Tampa, Florida, and thereby
engage in investment or financial advice, pursuant to Section 4(c) (8) of the Bank
Holding Company Act and Section 225.25 (b) (iii) of Regulation Y.
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
None.

♦Subject to provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending December 29, 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 moderate income neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs:
An institution has a
satisfactory record of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate -income neighborhoods,
in a manner consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs: An institution needs
to improve its overall record of ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and moderate -income
neighborhoods, in a manner consistent with its resources and capabilities.
Substantial 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
The Bank of Nashville
Post Office Drawer 198986
Nashville, Tennessee 37219
(615)271-2000




Rating
Satisfactory

Examination
Date
09-18-95

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending December 29, 1995

Recently Approved Applications

Approval Date

Compass Bancshares, Inc.
12-27-95
Birmingham, Alabama
Along with Compass Bancorporation of Texas, Inc., and Compass Banks of Texas,
Inc., request for waiver of the application requirement of Section 3(a) (5) of the
Bank Holding Company Act for the proposal to merge with Flower Mound Bancshares,
Inc., Flower Mound, Texas, and thereby directly acquire its subsidiary, Security
Bank, Flower Mound, Texas.
First Bancshares, Inc.
12-28-95
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.
Evergreen Bancshares, Inc.
12-29-95
Tallahassee, Florida
Change in control notice filed by Mr. David A. Barrett, to acquire an additional
4.7 percent of the outstanding shares of Evergreen Bancshares, Inc., Tallahassee,
Florida. The acquisition will increase his total ownership to 29.5 percent.
First Hardee Holding Corporation
12-27-95
Wachula, Florida
1-BHC formation, First National Bank of Wachula, Wachula, Florida.
Southeastern Bank, of Florida
12-28-95
Alachua, Florida
To acquire three branches of Compass Bank, Jacksonville, Florida, pursuant to
Section 18(c) of the Federal Deposit Insurance Act. The branches are located at
300 West AIA, Yulee, Florida, 305 South Kings Road, Callahan, Florida, and 104
West Second Street, Hilliard, Florida.
TAC Bancshares, Inc.
12-27-95
Miami, Florida
Request for waiver of the application requirement of Section 3 (a) (1) of the Bank
Holding Company Act for the proposal to acquire Founders Financial Corporation
and thereby its subsidiary, Founders National Trust Bank, both of Fort Myers,
Florida. Founders Bank will merge into TAC's subsidiary, Chase Federal Bank, a
Federal Savings Bank, Miami, Florida.




Federal Reserve Bank of Chicago
Section 1 - Applications Subject to Newspaper
Notice Only
Jype
Branch
Branch

M&I First American Bank
10208 Park Plaza, Suite B
Mosinee, Wisconsin

Comment Period
Ending Date
NP - 1-7-96

Harris Trust and Savings Bank
Chicago, Illinois
7500 Central Avenue
River Forest, Illinois
Comerica Bank
Detroit, Michigan
4421 West Centre
Portage, Michigan

NP - 1-10-96

Branch

North Shore Community Bank & Trust Company
Wilmette, Illinois
794 Oak Street
Winnetka, Illinois

NP - **

Branch

Midwest Guaranty Bank
Troy, Michigan
to relocate its branch office from 33897 Five Mile Road
to 37601 Five Mile Road
Livonia., Michigan

fsjp _ **

EFT

Harris Trust & Savings Bank
Chicago, Illinois
St. Elizabeth Hospital
1431 W. Claremont Avenue
Chicago, Illinois
Firstar Bank Minocqua
Minocqua, Wisconsin
Firstar Bank Madison, N.A,
Madison, Wisconsin

EFT

Merger




NP - 1-3-96

NP - 1-23-96

NP 12-15-95

Federal Reserve Bank of Chicago
Section I ■ Applications Subject to Newspaper
Ef i g - a y
eigQl

Continued

Type
Merger/Branches

Application
Firstar Bank Madison
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.
Sheboygan, Wisconsin
Firstar Bank Appleton
Appleton, Wisconsin
and thereby establish 41 branches

Branch

Firstar Bank Madison
Madison, Wisconsin
309 Sunrise Lane
St. Germain, Wisconsin
420 Oneida Avenue
Minocqua, Wisconsin
9670 Hwy 70 W
Minocqua, Wisconsin

Branch

Harris Trust and Savings Ban!:
Chicago, Illinois
6536 N. Sheridan Road
Chicago, Illinois




Comment Period
Ending Dap?
NP - 12-15-95

NP

. 12-15-95

j\jp _ 12-31-95

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

Tjfie

Application

Y-l

Storm Lake Security Bancorporation
Storm Lake, Iowa
Security Trust & Savings Bank
Storm Lake, Iowa*
Crestmark Bancorp, Inc.
Bloomfield Hills, Michigan
Crestmark Bank (in organization)
Troy, Michigan*

FR - 1-9-96
NP - **

Y-l

Tower Bancorp Holding Company
Oak Brook, Illinois
Westbank
Westchester, Illinois*

FR - 1-19-96
NP - 1-16-96

Y-2

Harbor Springs Financial Corporation
Harbor Springs, Michigan
Select Bank (in organization'
Grand Rapids, Michigan*

FR - 1-19-96
NP - 1-12-96

Chemical Financial Corporation
Midland, Michigan
State Savings Bancorp. Inc.
Caro, Michigan
State Savings Bank of Caro
Caro, Michigan*
First Decatur Bancshares, I'ne.
Decatur, Illinois
First Shelby Financial Group, Inc.
Shelbyville, Illinois
First Trust Bank of Shelbyville
Shelbyville, Illinois*

FR - 1-2-96
NP - 1-6-96

Y-l

Y-2

Y-2




FR - 1-10-96
NP - 1-18-96

FR - 1-2-96
NP - 12-22-95

Federal Reserve Bank of Chicago
Section II - Applications .Subject to Both Nev/spaper and Federal
Continued
Type
Y-l

Y-2

Y-2

Y-2

Y-2

Y-2




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

Comment Period
ill
FR - 1-8-96
NP - 1-12-96

Associated Banc-Corp
Green Bay, Wisconsin
SBL Capital Bank Shares, Inc.
Lodi, \Visconsin
State Bank of Lodi
Lodi, Wisconsin*

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

Associated Banc-Corp
Green Bay, Wisconsin
Greater Columbia Bancsbares, Inc.
Portage, Wisconsin
First National Bank of Portage
Portage, Wisconsin*

FR - **
NP - **

Associated Banc-Shares, Inc.
Madison, Wisconsin
Greater Columbia Bancsbares, Inc.
Portage, Wisconsin
First National Bank of Portage
Portage, Wisconsin*
Fidelity Company
Dyersville, Iowa
Valley State Bank
Guttenberg, Iowa (in organisation)*

FR - **
NP - **

Hamburg Financial, Tnc.
Hamburg, Iowa
Thurman State Corporation
Lincoln, Nebraska
United National Bank of Iowa
Sidney, Iowa*

FR 1-29-96

jsjp _ **

FR - 1-29-96
NP - **

Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper apd Federal
Register Notice
Continued
Type
COC-HC

Application
Spencer Bancorporation, Inc.
Spencer, Wisconsin
Spencer Bancorporation, Inc,., Employee Stock
Ownership Plan and Trust
Spencer, Wisconsin

COC-HC

United Community Financial Corporation
Wayland, Michigan
Arthur Johnson, Patricia Johnson and
Patlin Leasing Company
Evans Bancshares, Inc.
Evansdale, Iowa
Olmsted National Bank
Rochester, Minnesota (in organization)*

Y-2




Comment Period
Ending Date
FR - 12-29-95

FR - 1-19-96
NP ► **
FR - 1-30-96
NP - **

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

Type

Application

4(c)(8)

Caisse Nationale de Credit Agricole S.A.
Paris, France
to provide investment and financial advisor)' 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 - 12-29-95

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 6l debt investments in
corporations or projects designed primarily to promote
community welfare

FR - 12-27-95
NP - 12-21-95

4(c)(8)

S.B.C.P. Bancoip, Inc.
Cross Plains, Wisconsin
to acquire the assets of T&S Insurance Agency
and thereby engage in insurance agency activities
Firstbank of Illinois Co.
Springfield, Illinois
to engage in consumer finance business
through its subsidiary MidCountry Financial. Inc.
Highland, Illinois

FR - 1-11-96

Associated Banc-Corp
Green Bay, Wisconsin
Portage Investments, Inc.
Portage, Wisconsin
Associated Banc-Shares, Irtc.
Madison, Wisconsin
Portage Investments, Inc.
Portage, Wisconsin

FR - **

4(c)(8)

4(c)(8)

4(c)(8)




FR - 1-22-96

P R . **

Federal Reserve Bank of Chicago
Section IV - Applications Not Subject to Federal Register or Newspaper Notice
Type
None

Application

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




Federal Reserve Bank of Chicago
Section V - 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 b;mk has to make the evaluation public has lapsed during the
week ending December 29, 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 ami capabilities.
3N - An institution in this group has a substantial noncompliance record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in
a manner consistent with its resources and capabilities.
BANK NAME/LOCATION
Camp Grove State Bank
One Main Street
Camp Grove, Illinois 61424
(309) 493-5311
Chemical Bank and Trust Company
333 East Main Street
Midland, Michigan 48640-0231
(517) 631-9200




EXAMINATION DATE

RATINGS

9/18/95

O

8/21/95

S

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING DECEMBER 29, 1995

Application

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
End of Comment Period

None.

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
Application
End of Comment Period

None.

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
End of Comment Period

Application under Section 9 of the Federal Reserve
Act by PNC Bank, Kentucky, Inc., Louisville, Kentucky,
to invest in a community development project (low
income housing project in Winchester, Kentucky). The
investment would result in the bank’s aggregate
investments in community development projects exceeding
5% of its capital stock and surplus.

*This application is subject to CRA.




N/A

FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri

AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification of Ratings:
Outstanding 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 o f 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
A n institution in this group has a satisfactory 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.

Needs to improve record of 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 low - and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.

Substantial noncompliance 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 manner
consistent with its resources and capabilities.

FOR THE WEEK ENDING

Name of Bank
None




December 29, 1995

Bank Address

Examination
Date

Examination
Rating

FEDERAL RESERVE BANK OF MINNEAPOLIS

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

Application
First Community Bank, Glasgow, Montana
for prior approval to merge with Culbertson
State Bank of Culbertson, Montana, and incident
thereto, establish a branch in Culbertson, Montana

Not yet available

FEDERAL RESERVE BANK OF MINNEAPOLIS

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

Application

Comment Period
Ending* Date

Gerald Long to acquire control of 14.75% of the
voting shares of State Bank of Bottineau
Holding Company, Bottineau, North Dakota.

January 12, 1996
(Federal Register)

Norwest Corporation, Minneapolis, Minnesota,
for prior approval to acquire 100% of the
voting shares of Victoria Bankshares, Inc.,
Victoria, Texas.*

January 29, 1996
(Federal Register)

Norwest Corporation, Minneapolis, Minnesota, for
prior approval to acquire 100% of the voting
shares of Henrietta Bancshares, Inc., Henrietta,
Texas.*

January 29, 1996
(Federal Register)

FNB Bankshares, Inc., Milnor, North Dakota,
for prior approval to acquire 100% of the voting
shares of the First National Bank, Lisbon, North
Dakota.*

January 31, 1996
(Newspaper)

*Subject to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS

Section III - Applications Subject
to Federal Register Notice Only
Comment Period
Ending Date

Application
Traxshares, Inc., Le Center, Minnesota
,
to engage de novo in lending activities.

Not yet available

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 29f 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

Kanabec State Bank
September 25, 1995
124 East Maple Avenue
Mora, Minnesota 55051-1308
(612) 679-3131




CRA RATING
Outstanding

teaercu Keseroo ouhk of Kansas c uy

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONT.Y
APPLICATION

COMMENT PERIOD ENDING DATF.

Vectra Bank, Denver, Colorado, for prior approval to
merge with Vectra Bank of Boulder, Boulder,
Colorado.
Pinnacle Bank, Papillion, Nebraska, for prior approval
to establish a full service mobile branch in Omaha,
Nebraska, and to establish additional branch facilities
at 2708/2710 South 114th, Omaha, Nebraska, and
8401 West Dodge Road, Omaha, Nebraska.

Not Available
Not Available

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

COMMENT PERIOD ENDING PATH

Stockmens Financial Corporation, Rushville,
Nebraska, for prior approval to acquire 100 percent of
the voting shares of Stockmens Management
Company, Rushville, Nebraska.*
Nebraska Bankshares, Inc., Farnam, Nebraska, for
prior approval to acquire 12.5 percent of the voting
shares of Stockmens Financial Corporation, Rushville,
Nebraska.*
Wilson Bancshares, Inc., Wilson, Kansas, for prior
approval to become a bank holding company through
the acquisition of 100 percent of the voting shares of
The Wilson State Bank, Wilson, Kansas.*

Not Available

Not Available

January 30, 1995

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
APPLICATION
None.




COMMENT PERIOD ENDING DATE

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:
Outstanding record of meeting community credit needs
An institution in this group has an outstanding record of ascertaining and helping to meet
the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs
An institution in this group has a satisfactory record of ascertaining and helping to meet
the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs
An institution in this group needs to improve its overall record of ascertaining and helping
to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs
An institution in this group has a substantially deficient record of ascertaining and helping
to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities.




Federal Reserve Bank of Kansas City

Bank/Location

Exam Date

CRA Public
Date

Fanners State Bank & Trust Co.
P.O. Box 229
Aurora, Nebraska 68818-0229

09/25/95

12/28/95

Outstanding

State Bank
P.O. Box 187
Palmer, Nebraska 68864-0187

09/25/95

12/29/95

Satisfactory

*Application is subject to CRA.




CRA
Rating

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN

APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF DECEMBER 25, 1995
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY

APPLICATION

NOTICE EXP

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

APPLICATION
*Sabine Bancshares, Inc., Many, LA, to acquire First
Community Bancshares, Inc., Winnfield, LA, Winn
Bancshares, Inc., Winnfield, LA, and First Community
Bank, Winnfield, LA
(Previously reported during the week of 12-4-95)

** NOTICE EXP

96/01/26

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 ONLY.
N/A - NOT AVAILABLE AT THIS TIME.




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF DECEMBER 25, 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 12/29/95
Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Refiled: California Community Bancshares
Corporation, Vacaville, California, to become
a bank holding company by acquiring Continental
Pacific Bank, Vacaville, California. *

Newspaper:

12/08/95

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Shinhan Bank, Seoul, Korea, to become a bank
holding company by acquiring Marine National
Bank, Irvine, California. *

Newspaper:

11/27/95

Fed. Rea.:

01/22/96

Refiled: Valley Bancorp, Inc., Phoenix Arizona,
to become a bank holding company by acquiring
Valley Bank of Arizona (In Organization),
Phoenix, Arizona. *

Newspaper:

11/15/95

Fed. Rea.:

12/22/95

Section III -Applications Subject to Federal Register Only
The Sumitomo Bank, Limited, Osaka, Japan, to
acquire, through Sumitomo Bank New York Trust
Company: 1) the trust business of Daiwa Bank
Trust Company, New York; and 2) the custody
business of the New York branch of The Daiwa
Bank, Limited, Osaka, Japan.

Fed. Rea.:

1/22/96

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

* Subject to CRA.



FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 12/29/95
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during the week
ending December 29, 1995. Information about a particular institution’s CRA evaluation
may be obtained directly from the institution.
Institution

Location

Examination Date

Rating*

None

♦Under the rating system an institution’s CRA performance
following
four ratings:

is assigned one of the

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 noncompli ance 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 St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102