Full text of H.2 Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received : December 4, 1993

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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE

FEDERAL RESERVE SYSTEM

H.2, 1 9 9 3 , No. 49
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending December 4, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
Colonial BanGroup, Inc., Montgomery, Alabama -- to
acquire Colonial Bank of Tennessee, Ardmore,
Tennessee, First AmFed Corporation, Huntsville,
Alabama, and First American Federal Savings and
Loan Association.
Approved, November 29, 1993.
Deutsche Bank AG, Frankfurt, Germany -- request for
temporary exemption to engage indirectly in certain
activities through Sharps Pixley Incorporated, New
York, New York, and Sharps Pixley Brokers Inc.
Granted, November 29, 1993.
First Commerce Corporation, New Orleans, Louisiana -to acquire First Acadiana National Bancshares,
Inc., Opelousas, Louisiana, and First Acadiana
National Bank.
Approved, November 29, 1993.
First National Bank Shares, Ltd., Great Bend,
Kansas -- to acquire The Home State Building, Inc.,
Lewis, Kansas, and the Home State Bank, Kinsley,
Kansas, and engage in general insurance agency
activities through Lewis Insurance Service, Inc.,
Lewis, Kansas.
Approved, December 1, 1993.
Montgomery County Bancshares, Inc., Little Rock,
Arkansas -- to acquire the Camden, Arkansas, branch
of First Financial Bank, F.S.B., El Dorado,
Arkansas.
Approved, December 1, 1993.

BOARD OPERATIONS
Delegation of authority to the Director, Division of
Consumer and Community Affairs to make preemption
determinations regarding the Truth in Savings Act
(Docket R-0819).
Approved, December 1, 1993.

ENFORCEMENT

Constitution Bancorp, Inc., Philadelphia,
Pennsylvania, and the Constitution Bank -- written
agreement dated November 18, 1993, with the Federal
Reserve Bank of Philadelphia.
Announced, November 29, 1993.

H .2
NOVEMBER 28, 1993
PAGE 2

DECEMBER 3, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

ENFORCEMENT
Liberty Agency, Inc., Kirk, Colorado -- execution of
a written agreement dated November 18, 1993, with
the Federal Reserve Bank of Kansas City.
Announced, November 29, 1993.
Ramapo Financial Corporation, Wayne, New Jersey -written agreement dated November 26, 1993, with the
Federal Reserve Bank of New York.
Announced, November 30, 1993.
REGULATIONS AND POLICIES
Regulation DD -- determination not to preempt
specific provisions of Wisconsin's Truth in Savings
law (Docket R-0818).
Proposed, December 1, 1993.

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

San Francisco

Bank of America Nevada, Las Vegas, Nevada -- to
establish an automatic teller machine facility at
the Belz Factory Outlet World, 7*400 Las Vegas
Boulevard South.
Approved, December 2, 1993.

New York

Chemical Bank, New York, New York -- to establish a
branch at Brinks Incorporated, 652 Kent Avenue,
Brooklyn, New York.
Approved, November 30, 1993.

Richmond

First Commercial Bank, Wise, Virginia -- to establish
a branch at 1026 Park Avenue, Norton, Virginia.
Approved, December 3, 1993.

H.2
NOVEMBER 28, 1993
PAGE 3

DECEMBER 3, 1993

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

BANK BRANCHES. DOMESTIC
Kansas City

Gretna State Bank, Gretna, Nebraska -- to establish
an automatic teller machine at the Nebraska
Crossings Factory Outlet Mall.
Approved, December 1, 1993.

Cleveland

Integra Bank / Pittsburgh, Pittsburgh, Pennsylvania
- to establish a branch at Shop N* Save, Pullman
Plaza, 100 Pullman Square, 6th Avenue, Butler,
Pennsylvania.
Approved, November 30, 1993.

Richmond

Rockingham Heritage Bank, Harrisonburg, Virginia -to establish a branch at 677 Chicago Avenue.
Approved, November 29, 1993.

Richmond

Signet Bank / Virginia, Richmond, Virginia -- to
establish an electronic funds transfer facility at
the Public Safety Building at Old Dominion.
University, Hampton Boulevard and 49th Street,
Norfolk, Virginia.
Approved, December 2, 1993.

BANK HOLDING COMPANIES

Atlanta

Alan J. Lewis Financial Services Trust, Baton Rouge,
Louisiana - - t o engage de novo in lending
activities through Anglo-American Bancshares
Corporation.
Permitted, December 2, 1993.

Secretary

Barnett Banks, Inc., Jacksonville, Florida -- to
acquire Main America Capital, L.C., Atlanta,
Georgia, and engage de novo in commercial real
estate mortgage lending activities.
Approved, December 2, 1993.

Richmond

BB&T Financial Corporation, Wilson, North Carolina to acquire Home Savings Bank of Albemarle, SSB,
Albemarle, North Carolina.
Approved, December 1, 1993.

H .2
NOVEMBER 28, 1993
PAGE 4

DECEMBER 3, 1993

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

BANK HOLDING COMPANIES

Kansas City

Carbon County Holding Company, Englewood, Colorado to engage in certain nonbanking activities through
acquisition or retention of Hanifen, Imhoff
Management Co., Inc., Denver, Colorado.
Returned, December 2, 1993.

Cleveland

Central Bancshares, Inc., Lexington, Kentucky - - t o
acquire Central Bank 8 Trust Company.
Approved, November 28, 1993.

Atlanta

Compass Bancshares Inc. (formerly Central Bancshares
of the South, Inc.), Birmingham, Alabama -- to
acquire First Performance Interim, F.S.B.,
Jacksonville, Florida.
Approved, December 2, 1993.

San Francisco

Cowlitz Bancorporation, Longview, Washington -- to
engage in securities brokerage activities through
BMN, Inc., Vancouver, Washington.
Returned, December 1, 1993.

Chicago

Griswold Bancshares, Inc., Griswold, Iowa -- to
acquire Griswold State Bancshares, Inc., and
Griswold State Bank.
Approved, December 2, 1993.

Minneapolis

Island Financial Corporation, Bird Island,
Minnesota - - t o acquire State Bank of Bird Island.
Approved, November 30, 1993.

Secretary

Keystone Financial, Inc., Harrisburg, Pennsylvania to acquire WM Bancorp, Cumberland, Maryland, and
American Trust Bank.
Approved, November 29, 1993.

H .2

NOVEMBER 28, 1993
PAGE 5

DECEMBER 3, 1993

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

BANK HOLDING COMPANIES

Secretary

Keystone Financial, Inc., Harrisburg, Pennsylvania -to acquire Elmwood Bancorp, Inc., Media,
Pennsylvania, and Elmwood Federal Savings Bank,
Approved, December 2, 1993.

St. Louis

Lee County Bancshares, Inc., Marianna, Arkansas -- to
acquire The First National Bank of Marianna.
Approved, December 3, 1993.

Secretary

MAC Partners, Atlanta, Georgia -- to acquire Main
America Capital, L.C., Atlanta, Georgia.
Approved, December 2, 1993.

Kansas City

Myers Bancshares, Inc., Alva, Oklahoma -- to acquire
Central National Bank.
Approved, November 29, 1993.

Chicago

Pairieland Bancorp, Inc., Bushnell, Illinois -- to
acquire Alfred E. Hempen Accounting, Hamilton,
Illinois.
Permitted, December 1, 1993.

Kansas City

Pinnacle Bancorp, Inc., Central City, Nebraska -- to
acquire Citizens Bank Services, Abilene, Kansas,
and Citizens Bank and Trust Company.
Approved, November 30, 1993.

Richmond

Resource Bancshares Corporation, Columbia, South
Carolina -- proposal that 1st Performance Interim
FSB, Jacksonville, Florida, acquire the assets and
assume the liabilities of 1st Performance National
Bank.
Approved, December 2, 1993.

Kansas City

Security Corporation, Duncan, Oklahoma - - t o acquire
Firstbank Holding Company, Marietta, Oklahoma.
Approved, November 29, 1993.

Atlanta

Southland Bank Corporation, Butler, Georgia - - t o
acquire United Bank of Crawford, Roberta, Georgia.
Approved, December 1, 1993.

H .2
NOVEMBER 28, 1993
PAGE 6

DECEMBER 3, 1993

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

BANK HOLDING COMPANIES
Dallas

Sterling Bancorporation, Inc., Wilmington, Delaware - to acquire Enterprise Bank-Houston, Houston,
Texas.
Approved, December 1, 1993.

Dallas

Sterling Bancorporation, Inc., Wilmington, Delaware
- to acquire Guardian Bank of Houston, Houston,
Texas.
Approved, December 1, 1993.

Dallas

Sterling Bancshares, Inc., Houston, Texas -- to
acquire Guardian Bank of Houston.
Approved, December 1, 1993.

Dallas

Sterling Bancshares, Inc., Houston, Texas -- to
acquire Enterprise Bank-Houston.
Approved, December 1, 1993.

Kansas City

Stockton Bancshares, Inc., Stockton, Kansas - - t o
acquire Western Bancshares, Inc., and Berkley
Agency, Inc.
Approved, November 29, 1993.

St. Louis

Sun Financial Corporation, Earth City, Missouri -- to
acquire First National Bank of Annapolis,
Annapolis, Missouri.
Approved, December 2, 1993.

BANK MERGERS

Atlanta

Compass Bank, (formerly Central Bank of the South)
Birmingham, Alabama -- to merge with Compass Bank
of Calhoun County, N.A. (formerly Central Bank,
N.A.), Anniston, Alabama.
Approved, November 29, 1993.

Secretary

First Interstate Bank of California, Los Angeles,
California -- to acquire certain assets and assume
certain liabilities of HomeFed Bank, F.A.,
San Diego, California, and to establish branches.
Approved, December 2, 1993.

H .2
NOVEMBER 28, 1993
PAGE 7

DECEMBER 3, 1993

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

BANK MERGERS
Atlanta

First United Bank, Boca Raton, Florida -- to merge
with New River Bank, Oakland Park, Florida.
Approved, November 30, 1993.

San Francisco

Nevada Community Bank, Las Vegas, Nevada -- to merge
with Continental National Bank, and to establish
branches.
Approved, December 1, 1993.

BANK PREMISES
Kansas City

Citizens Bank & Trust Company, Okmulgee, Oklahoma
investment in bank premises.
Approved, November 30, 1993.

St. Louis

First State Bank of Dongola, Dongola, Illinois -investment in bank premises.
Approved, December 2, 1993.

Kansas City

First United Bank, Parker, Colorado -- investment in
bank premises.
Approved, December 2, 1993.

Richmond

Forest Hill State Bank, Bel Air, Maryland -investment in bank premises.
Approved, December 3, 1993.

Kansas City

Jackson State Bank, Jackson Hole, Wyoming -investment in bank premises.
Approved, December 2, 1993.

Chicago

Union Bank & Trust Company, Evansville, Wisconsin
investment in bank premises.
Approved, December 1, 1993.

CAPITAL STOCK

Chicago

Greenwood’s Bancorporation, Inc., Lake Mills,
Wisconsin -- redemption of shares.
Returned, November 30, 1993.

Chicago

Newburg Corporation, St. Ansgar, Iowa -- redemption
of shares.
Returned, November 29, 1993.

H.2
NOVEMBER 28, 1993
PAGE 8

DECEMBER 3, 1993

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

CHANGE IN BANK CONTROL
Kansas City

Coronado, Inc., Sterling, Kansas -- change in bank
control.
Permitted, November 30, 1993.

Chicago

Newburg Corporation, St. Ansgar, Iowa -- change in
bank control.
Returned, December 3, 1993.

COMPETITIVE FACTORS REPORTS

Kansas City

Citizens State Bank of Ouray, Ouray, Colorado,
proposed merger with The Montrose County Bank,
Naturita, Colorado -- report on competitive
factors.
Submitted, December 1, 1993.

Kansas City

Colorado National Bank, Denver, Colorado, proposed
acquisition of the assets and assumption of the
liabilities of Colorado National Bank Aspen, Aspen,
Colorado -- report on competitive factors.
Submitted, December 1, 1993.

Atlanta

First Alabama Bank, Montgomery, Alabama, proposed
acquisition of Secor Bank, FSB, Birmingham, Alabama
-- report on competitive factors.
Submitted, November 30, 1993.

Minneapolis

First Bank National Association, Minneapolis,
Minnesota, proposed merger with First National Bank
of East Grand Forks, East Grand Forks, Minnesota -report on competitive factors.
Submitted, December 2, 1993.

New York

First Bank of The Americas, New York, New York,
proposed acquisition of certain assets and
assumption of liability to pay deposits made in six
branches of Bank Leumi Trust Company of New York,
New York, and to establish six branches -- report
on competitive factors.
Submitted, December 1, 1993.

St. Louis

First National Bank of Berryville, Berryville,
Arkansas, proposed merger with Interim First
National Bank of Berryville -- report on
competitive factors.
Submitted, December 3, 1993.

H .2
NOVEMBER 28, 1993
PAGE 9

DECEMBER 3, 1993

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

COMPETITIVE FACTORS REPORTS

Richmond

First National Bank of Morgantown, Morgantown, West
Virginia, proposed merger with The Peoples National
Bank of Martinsburg, West Virginia, and Commerce
Bank, Parkersburg, West Virginia -- report on
competitive factors.
Submitted, December 1, 1993.

Kansas City

Johnson County Bank, Elk Creek, Nebraska, and Home
State Bank & Trust Company, Humboldt, Nebraska,
proposed merger with American National Bank,
Nebraska City, Nebraska -- report on competitive
factors.
Submitted, December 1, 1993.

Boston

Lafayette American Bancorp, Inc., Hamden,
Connecticut, proposed merger with Lafayette
American Bank and Trust Company, Bridgeport,
Connecticut -- report on competitive factors.
Submitted, December 2, 1993.

S t . Louis

Merchants and Planters Bank, Newport, Arkansas,
proposed acquisition of certain assets and
assumption of the deposit liabilities of the
McCroy, Arkansas, branch of Central Bank and Trust,
Little Rock, Arkansas -- report on competitive
factors.
Submitted, November 29, 1993.

Kansas City

Northern Bank, Omaha, Nebraska, proposed merger with
American National Bank -- report on competitive
factors.
Submitted, December 1, 1993.

St. Louis

Sullivan-Peoples State Bank, Sullivan, Indiana,
proposed merger with First Bank and Trust Company
of Clay County, Brazil, Indiana -- report on
competitive factors.
Submitted, December 3, 1993.

San Francisco

Sunrise Bank of California, Roseville, California,
proposed merger with Barbary Coast National Bank,
San Francisco, California -- report on competitive
factors.
Submitted, December 2, 1993.

H .2
NOVEMBER 28, 1993
PAGE 10

DECEMBER 3, 1993

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

COMPETITIVE FACTORS REPORTS
Kansas City

Sunwest Bank of Sandoval County, National
Association, Rio Rancho, New Mexico, proposed
merger with Sunwest Bank of Albuquerque, National
Association, Albuquerque, New Mexico -- report on
competitive factors.
Submitted, December 1, 1993.

Chicago

Westfield State Bank, Westfield, Illinois,
proposed merger with WSB Interim Bank -- report on
competitive factors.
Submitted, November 29, 1993.

EXTENSIONS OF TIME

Minneapolis

BANKFIRST Corporation, Inc., Brookings, South
Dakota -- extension to March 2, 1994, to acquire
BANKFIRST, Minneapolis, Minnesota.
Granted, December 1, 1993.

Richmond

FB&T Financial Corporation, Fairfax, Virginia -extension to February 28, 1994, to acquire Fairfax
Bank & Trust Company, and for FB&T to merge with
FB&T Bank.
Granted, November 30, 1993.

Atlanta

Gulf Coast Bank Holding Company, Inc., New Orleans,
Louisiana -- extension to March 8, 1994, to acquire
Gulf Coast Bank & Trust Company.
Granted, December 1, 1993.

Minneapolis

. Ridgedale State Bank, Minnetonka, Minnesota -extension to February 28, 1994, to engage in
personal trust and agency activities.
Granted, November 30, 1993.

Chicago

Talen, Inc., Traer, Iowa -- extension to March 2,
1994, to acquire Farmers and Merchants Bank,
Greenwood, Wisconsin.
Granted, November 29, 1993.

San Francisco

Wells Fargo & Company, San Francisco, California -extension to divest certain property.
Granted, December 2, 1993.

H.2
NOVEMBER 28, 1993

DECEMBER 3, 1993

PAGE 11

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

MEMBERSHIP
Chicago

Old Kent Bank of Hillsdale, Hillsdale, Michigan -membership in the Federal Reserve System.
Withdrawn, November 29, 1993.

Chicago

Old Kent Bank of St. Johns, St. Johns, Michigan -membership in the Federal Reserve System.
Withdrawn, November 29, 1993.

RESERVE BANK OPERATIONS

Director, FRBO

Federal Reserve Bank of New York - - t o purchase disk
equipment to be used in the Open Market, Foreign
Exchange, and Capital Markets functions.
Approved, November 29, 1993.

H.2

ADDITIONS AND CORRECTIONS

NOVEMBER 28, 1993
PAGE 12

DECEMBER 3, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

CHANGE IN BANK CONTROL
Waubun Bancshares, Inc., Waubun, Minnesota -- change
in bank control.
Not Approved, November 18, 1993.

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

CAPITAL STOCK

Chicago

Greatbanc, Inc., Aurora, Illinois -- redemption of
shares.
Returned, November 24, 1993.

FED ER A L R ES ER V E BANK OF BOSTON A P P L IC A T IO N S

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
NONE

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY

UNITEDCORP, Bangor, Maine
- 4 ( c ) (8) application
to engage in trust activities on
a joint venture basis through
the acquisition of 51% of the
voting stock of Trust Company of
Maine, Inc., Bangor, Maine

Federal Register
Not Yet Established

SECTION IV - APPLICATIONS NOT SUBJECT TO
FEDERAL REGISTER OR NEWSPAPER NOTICE
Application

NONE

S E C T IO N V

A V A ILA B ILIT Y

Institution
Merrill Merchants Bank
201 Main Street
P.O. Box 925
Bangor, Maine 04402-0925
Phone: (207) 942-4801

OF CRA P U B L IC

EVA LU A TIO N S

Examination Date

Rating*

01-29-93

"S"

♦Rating Definitions:
"0" - Outstanding; "S" - Satisfactory; "N"
Needs to
Improve; "SN" - Substantial Noncompliance.

Federal Reserve Bank o f New York

Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
__________ Notice Only__________

Bank of Ayudhya Public Company Limited, Bangkok, Thailand
to establish an agency in New York, New York

N/A

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None.

SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
Chemical Banking Corporation, New York, New York, through
CIT Holding, Inc., a joint venture with Dai-Ichi Kangyo
Bank Ltd., Tokyo, Japan, to acquire Barclays Commercial
Corporation, Charlotte, North Carolina and thereby engage
in commercial finance.

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.

N/A

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

Week Ending December 4, 1993

|to Ito

1/
/
/

NAME OF BANK

RATING

EXAMINATION DATE

United Jersey Bank
210 Main Street
Hackensack, NJ 07601

Satisfactory

June 14, 1993

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

AVAILABILITY OF CRA PUBLIC EVALUATIONS
T h e f o l l o w i n g s t a t e m e m b e r b a n k s h a v e b e e n e x a m i n e d b y the F e d e r a l R e s e r v e
B a n k o f C h i c a g o f o r c o m p l i a n c e w i t h th e CRA. Th e 3 0 - b u s i n e s s d a y p e r i o d the
b a n k h a s to m a k e th e e v a l u a t i o n p u b l i c h a s l a p s 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 3,
1993.
I f y o u a r e i n t e r e s t e d i n o b t a i n i n g a c o p y o f the
e v a l u a t i o n d o c u m e n t , p l e a s e c o n t a c t th e b a n k ( s ) d i r e c t l y .
IDENTIFICATION OF RATINGS
O-

A n i n s t i t u t i o n i n t h i s g r o u p h a s a n o u t s t a n d i n g r e c o r d of, a n d i s a
l e a d e r in, a s c e r t a i n i n g a n d h e l p i n g to m e e t th e c r e d i t n e e d s o f i t s
entire
delineated
community,
including
lowand
m o d e r a t e -i n c o m e
neighborhoods,
in
a
manner
consistent
with
its
resources
and
capabilities.

S-

A n i n stitution in this g r o u p h a s a s a t i s f a c t o r y r e c o r d o f ascertaining
a n d h e l p i n g to m e e t the c r e d i t n e e d s o f i t s e n t i r e d e l i n e a t e d commun i t y ,
i n c l u d i n g l o w - a n d m o d e r a t e -i n c o m e n e i g h b o r h o o d s , i n a m a i m e r c o n s i s t e n t
with its resources and capabilities.

NI-

A n i n s t i t u t i o n i n t h i s g r o u p n e e d s to i m p r o v e i t s o v e r a l l r e c o r d o f
ascertaining and helping
to m e e t
the c r e d i t n e e d s
of its entire
d e l i n e a t e d c o m m u n i t y , i n c l u d i n g low- a n d m o d e r a t e -i n c o m e n e i g h b o r h o o d s ,
in a m a nner consistent with its resources and capabilities.

SN-

A n i n s t i t u t i o n in this g r o u p h a s a s u b s t a n t i a l l y d e f i c i e n t r e c o r d of
ascertaining and helping
to m e e t
the c r e d i t n e e d s o f i t s e n t i r e
d e l i n e a t e d c o m m u n i t y , i n c l u d i n g l o w - a n d m o d e r a t e -i n c o m e n e i g h b o r h o o d s ,
in a m a n n e r consistent w ith its resources and capabilities.

BANK NAME/LOCATION

EXAMINATION DATE

RATINGS

-Old Kent B ank - Southwest
136 East Michigan, B o x 2769
Kalamazoo, M i c h i g a n
49003
616-337-6700

8/02/93

-Linden State Bank
100 Nor t h Merid i a n Street
B o x 60
Linden, Indiana
47955
317-339-4646

8/30/93

Federal Reserve Bank o f St. Louis
FOR THE WEEK ENDING DECEMBER 3, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End of Comment Period

None.

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

End of Comment Period

* Change in Control notification involving LBT
Bancshares, Inc., Litchfield, Illinois, by
David W. Fleming (previously reported during
the week ending 11/19/93).

Federal Register:

* Change in Control notification involving
Community Bancorp of McLean County Kentucky,
Inc., Island, Kentucky, by James and
Sue Markwell.

Not yet available

12/14/93

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
Section 24A application by First State Bank
of Dongola, Dongola, Illinois, for an investment
in bank premises.

*This application is subject to CRA.

End of Comment Period

N/A*

Federal

R e s e r v e B a n k of C l e v e l a n d

Applications Bulletin
For Week Ending December 4, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
Received notice from The Provident Bank of
Kentucky, Alexandria, Kentucky, on
December 3, 1993, of its intent to establish
a CBCT branch at Kwik Mart, 4147 Madison Pike,
Covington, Kentucky.
Received notice from WesBanco Bank Wheeling,
Wheeling, West Virginia, on December 3, 1993,
of its intent to establish a CBCT facility at
Bethany College, Bethany, West Virginia.
Received prior notice from The Ohio Bank,
Findlay, Ohio, on November 22, 1993, of its
intent to establish a branch facility at 98
North Main Street, Chagrin Falls, Ohio.

* January 4, 1994

* December 10, 1993

* Not Yet Known #

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Received Section 3 (a)) (1) application from
Josephine Bancshares, Inc., Prestonburg,
Kentucky, on December 2, 1993, to acquire The
Bank Josephine, Prestonburg, Kentucky.

* Not Yet Known #

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Received Section 4(c) (8) application from
December 27, 1993
Cardinal Bancshares, Inc., Lexington, Kentucky,
on October 7, 1993, to engage in securities
brokerage activities through a joint employment
arrangement with Compulife Investor Services
with its indirect subsidiary Mutual Service
Corporation.*

*
N
F
#

Subject to CRA
Newspaper Comment Period
Federal Register Comment Period
Expected to end approximately 30 days from date of
application's receipt.

Applications Bulletin
For Week Ending December 4, 1993
SE C T I O N III - A P P L I C A T I O N S SUBJECT TO FEDERAL R E G I S T E R
NOTICE ONLY

Received Section 4 ( c ) (8) application from
Not Yet Known #
National City Corporation, Cleveland, Ohio, on
November 10, 1993, for prior approval to engage
in investment and financial advice, underwriting
and dealing in government obligations and money
market instruments, investment in securities
limited to 5 percent or less of o/s voting shares
of any company, and private placements as agent
through a subsidiary known as National City
Investments Corporation.

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 TO F E DERAL R E G I S T E R N O T I C E
OR N E W S P A P E R N O T I C E

NONE *

*
N
F
#

Subject to CRA
Newspaper Comment Period
Federal Register Comment Period
Expected to end approximately 30 days from date of
application's receipt.

AVAILABILITY OF CRA PUBLIC EVALUATIONS
(December 3, 1993)
The following state member banks have been examined by the
Federal Reserve Bank of Cleveland for compliance with The Community
Reinvestment Act. A public evaluation document became available
from the bank(s) listed below during the week ended December 3,
1993.
If you are interested in obtaining a copy of an evaluation
document, please contact the bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING:
a bank in this group has an outstanding record
of, and is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
SATISFACTORY: a bank in this group has a satisfactory record
of ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities,
NEEDS TO IMPROVE:
a bank in this group needs to improve its
overall record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and
capabilities,
SUBSTANTIAL NON COMPLIANCE:
a bank in this group has a
substantially deficient record of ascertaining and helping to meet
the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.

NONE

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

Comment Period Ending Date

Triangle Bank and Trust Company,
Raleigh, North Carolina, to establish
a branch at 101 Advent Court, Cary,
North Carolina.*

12-20-93

Crestar Bank, Richmond, Virginia, to
acquire the assets and assume the
liabilities of NVR Federal Savings
Bank, McLean, Virginia.*

12-29-93

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

Comment Period Ending Date

None.

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

City Holding Company, Charleston, West
Virginia, to engage de novo in making,
acquiring, or servicing loans or other
extensions of credit, to perform real
estate appraisals and loan settlement
services, and to offer, as agent or
broker, credit-related insurance,
through a subsidiary to be known as
City Mortgage Corporation, McKee's
Rocks, Pennsylvania.
F&M Bank Corp., Timberville, Virginia,
to engage in community development
activities.

12-13-93**

Not yet available.

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

Comment Period Ending Date

None.

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

Federal Reserve Bank of Richmond
Availability of CRA Public Evaluations
Week ending December 3, 1993

Definition of Ratings
Outstanding 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.

Examination
Date

Rating

Crestar Bank
919 East Main Street
Richmond, Virginia 23219

5-17-93

Satisfactory

First Virginia Bank
6400 Arlington Boulevard
Falls Church, Virginia 22046

7-12-93

Satisfactory

9-8-93

Satisfactory

The George Mason Bank
11185 Main Street
Fairfax, Virginia 22030

9-13-93

Satisfactory

First Commercial Bank
3801 Wilson Boulevard
Arlington, Virginia 22203

9-20-93

Satisfactory

First Virginia Bank-Central
120 Seminole Square
Charlottesville, Virginia 22906

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 fo r W e e k E n d i n g D e c e m b e r

1993

Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

City First Bank
Tampa, Florida
To establish a branch located at 405 North
Westshore Boulevard, Tampa, Florida, to be
known as the Westshore Branch.

12-10-93*

Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

Hibernia Corporation
Not yet available*
New Orleans, Louisiana
To merge with Commercial Bancshares, Inc.,
Franklin, Louisiana, and thereby directly
acquire First Commercial Bank, Franklin,
Louisiana, pursuant to Section 3(a)(5) of the
Bank Holding Company A c t .
Volunteer State Bancshares, Inc.
12-13-93*
Portland, Tennessee
Federal Register
After-the-fact change in control notice by
C & C Construction Company, Portland,
Tennessee, to retain 10.65 percent of the
outstanding shares of common stock of Volunteer
State Bancshares, Inc., Portland, Tennessee.
Principals of C & C Construction Company are:
Mr. Jeffery David Collins, Mr. Larry Joe Collins,
Jr., Mr. Jason Leon Collins, Mr. Jonathan Ray
Collins, and Mrs. Jaska Collins Sheucraft.

♦Subject to provisions of the Community Reinvestment Act.

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 plications Bulle t i n for W eek Ending Decem b e r

1993

Section 3 - Applications Subject to Federal Register Only-

Application

Comment Period Ending Date

Five Flags Banks, Inc.
Pensacola, Florida
After-the-fact notice to retain Bank Data,
Inc., Pensacola, Florida, pursuant to Section
4 ( c ) (8) of the Bank Holding Company Act and
Section 225.25(b)(7) of Regulation Y.

12-23-93

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
None.

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
App l i c a t i o n s B u l l e t i n for W e e k E nding D e c e m b e r

1993

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

r e c o r d of m e e t i n g
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.

Satisfactory

to improve r e c o r d of m e e t i n g c o m m u n i t y c r edit 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.
Nee d s

n o n c o m p l i a n c e in m e e t i n g c o m m u n i t y c r edit 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.
Subs t a n t i a l

Examination
Bank
None.

Rating

Date

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

Type

Application

EFT

The Northern Trust Company
Chicago, Illinois
Northwestern University
Norris Center
1999 S. Campus Drive
Evanston, Illinois*

- 11-28-93

EFT

The Northern Trust Company
Chicago, Illinois
Northwestern Universi ty
Wiebold Hall
339 East Chicago
Chicago, Illinois*

- 11-28-93

EFT

The Northern Trust Company
Chicago, Illinois
Northwestern University
Sports and Aquatic Center
2379 N. Campus Drive
Evanston, Illinois*

- 11-28-93

EFT

The Northern Trust Company
Chicago, Illinois
Walgreens Store
11040 S. Michigan Avenue
Chicago, Illinois*

- 11-28-93

EFT

The Northern Trust Company
Chicago, Illinois
Walgreens Store
1360 N. Pulaski
Chicago, Illinois*

- 11-28-93

EFT

The Northern Trust Company
Chicago, Illinois
Walgreens Store
5036 S. Cottage Grove
Chicago, Illinois*

- 11-28-93

EFT

The Northern Trust Company
Chicago, Illinois
181 Madison
Chicago, Illinois*

11-28-93

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

Type

Application

EFT

The Northern Trust Company
Chicago, Illinois
2 ® Brookfield Zoo
Brookfield, Illinois*

- 11-28-93

EFT

American Trust & Savings Bank
Dubuque, Iowa
Wal-Mart, 4200 Dodge Street
Dubuque, Iowa*

- 12-8-93

Branch

First of America Bank - West Michigan
Grand Rapids, Michigan
4646 28th Street, Southeast
Kentwood, Michigan*

- 11-28-93

Branch

First of America Bank - West Michigan
Grand Rapids, Michigan
5455 Clyde Park, Southwest
Wyoming, Mi chigan*

- 11-28-93

Oakar

Republic Bancorp Co.
Orland Park, Illinois
First Cook Community Bank, FSB
Chicago, Illinois*

- 11-20-93

Branch/24A

New Asia Bank
Chicago, Illinois
8301 Cass Avenue
Darien, Illinois*

Federal Reserve Bank of Chicago

Type

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

Y-i

East Side Financial, Inc.
Chicago, Illinois
East Side Savings Bank
Chicago, Illinois*

FR - 11-19-93
N - 12-17-93

CoC-HC

Wabeno Bancorporation, Inc.
Venice, FIorida
Verle Burgason & JoAnn Burgason

FR - **
N - **

CoC-HC

Wabeno Bancorporation, Inc.
Venice, Florida
Connie Ryan Trust

FR
N

Republic Bancorp Co.
Orland Park, Illinois
MAH Bancorp, Inc.
Orland Park, Illinois
Republic Bank of Chicago
Chicago, Illinois
APL Financial, Inc.
Chicago, Illinois
First Cook Community Bank, FSB
Chicago, Illinois*

FR
N

Y-2

Gore-Bronson Bancorp, Inc.
Prospect Height, Illinois
Water Tower Bancorp, Inc.
Chicago, Illinois
Water Tower Bank
Chicago, Illinois*

FR - 11-26-93
N - 12-3-93

Y-2

Comerica California Incorporated
San Jose, California
Pacific Western Bancshares, Inc.
San Jose, California
Pacific Western Bank
San Jose, California*

FR - 11-29-93
N - 11-29-93

Y-2

Comerica Incorporated
Detroit, Michigan
Pacific Western Bancshares, Inc.San Jose, California
Pacific Western Bank
San Jose, California*

FR - 11-29-93
N - 11-29-93

Y-l

(100%)

11-20-93

Federal Reserve Bank of Chicago

Type

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

Y-2

Comerica Incorporated
Detroit, Michigan
Pacific Western Bancshares, Inc. -- (19.9%)
ScLn Jose, California
Pacific Western Bank
San Jose, California*

FR - 12-29-93
N - 11-29-93

Y-l

Hasten Bancshares
Indianapolis, Indiana
Hasten Bancorp
Indianapolis, Indiana
First National Bank
Kokomo, Indiana
Sullivan-Peoples State Bank *
*
Farmersburg, Indiana
First Bank & Trust Co. of Clay County
Brazil, Indiana
Hasten Financial Services, Inc.
Indianapolis, Indiana*

FR - 12-2-93
N - 12-20-93

Y-l

LeRoy C. Darby, Inc. Employee Stock
Ownership Plan
Monona, Iowa
LeRoy C. Darby, Inc.
Monona, Iowa
Union State Bank
Monona, Iowa
Peoples State Bank
Elkader, Iowa*

FR - 12-2-93
N - 11-17-93

Y-l

Bancorp, of New Glarus, Inc.
New Glarus, Wisconsin
The Bank of New Glarus
New Glarus, Wisconsin*

FR - 12-13-93
N - 11-8-93

Y-2

Lincolnland Bancshares, Inc.
Casey, Illinois
Westfield State Bank
Westfield, Illinois*

FR - 12-16-93
N - 12-4-93

Y-l

Rudolph Bancshares, Inc.
Rudolph, Wisconsin
Farmers and Merchants Bank
Rudolph, Wisconsin*

FR - 12-23-93
N - **

Federal Reserve Bank of Chicago

Type

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

Y-2

F & M Bancorporation, Inc.
Kaukauna, Wisconsin
Pulaski Bcmcshares, Inc.
Pulaski, Wi sconsin
Pulaski State Bank
Pulaski, Wi sconsin*

FR - 12-23-93
N - 12-20-93

Y-2

F & M Merger Corporation
Kaukauna, Wisconsin
Pulaski Bancshares, Inc.
Pulaski, Wi sconsin
Pulaski State Bank
Pulaski, Wisconsin*

FR - 12-23-93
N - 12-20-93

CoC-HC

The Newburg Corporation
St. Ansgar, Iowa
Hal B. McKinley & Audrey M. McKinley

FR . * *
N _ ★*

Y-2

ANB Corporation
Muncie, Indiana
Winchester Bancorporation
Winchester, Indiana
Peoples Loan and Trust Bank
Winchester, Indiana*

FR - 11-12-93
N - 12-16-93

Y-2

First Community Bancshares, Inc.
Bargersville, Indiana
First State Bank
Morgan town, Indiana *

FR - **
N _ **

CoC-HC

GN Bancorp, Inc.
Chicago, Illinois
Ronald Howard Muck

FR . **
N . **

CoC-HC

Peotone Bancorp, Inc.
Peotone, Illinois
Craig L. Campbell; Douglas L. Campbell
and Scott L. Campbell

FR . **
N - **

Y-2

Central Bancshares, Inc.
Muscatine, Iowa
FSB Holding Company
Kalona, Iowa
Farmers State Bank
Kalona, Iowa
West Chester Savings Bank
West Chester, Iowa*

FR . **
N . **

Federal Reserve

Bank

of Chicago

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

Type

Application

Y-4

Hasten Bancshares
Indianapolis, Indiana
Hasten Financial Services, Inc.
Indianapolis, Indiana

FR - 12-2-93

4 (c) (8)

Edgemark Financial Corporation
Chicago, Illinois
Edgemark Financial Services, Inc.
Countryside, Illinois

FR - 12-2-93

Y-4

FR - 12-21-93
Northern Trust Corporation
Chicago, Illinois
Northern Futures Corporation
Chicago, Illinois -- executing
and clearing of certain nonfinancial
commodity futures and options of the Index
and Option Division of the Chicago
Mercantile Exchange and the Chicago
BOT and New York Mercantile Exchange

4 (c) (8)

First Midwest Bancorp, Inc.
Naperville, Illinois
First Midwest Mortgage, Inc.
Joliet, Illinois

FR - 12-13-93

Y-4

Hawkeye Bancorporation
Des Moines, Iowa
Centre Pointe Leasing Co., Inc.
Nest Des Moines, Iowa

FR - 12-17-93

4 (C) (8)

Weldon Bancshares, Inc.
Weldon, Illinois
Weldon Insurance Service
Weldon, Iowa

FR - 12-13-93

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

Type

Application

Y-4

Old Kent Financial Corporation
Grand Rapids, Michigan
CDC--Grand Rapids Hope Limited
Partnership II
Grand Rapids, Michigan --invest in low
income transitional housing project for
women and children

FR - **

Y-4

Iowa National Bankshares Corp.
Wa terloo, Iowa
MidAmerica Financial Corporation
Waterloo, Iowa
MidAmerica Savings Bank, FSB
Waterloo, Iowa

FR - **

4 (c) (8)

FBOP Corporation
FR - **
Oak Park, Illinois
Engage de novo in the acquisition of loans
from its insured subsidiaries

Y-4

Republic Bancorp Co. (a Delaware
Corporation)
Orland Park, Illinois
APL Financial, Inc.
Chicago, Illinois
First Cook Community Bank, FSB
Chicago, Illinois

FR - **

Y-4

Republic Bancorp Co. (an Illinois
Corporation)
Orland Park, Illinois
APL Financial, Inc.
Chicago, Illinois
First Cook Community Bank, FSB
Chicago, Illinois

FR - **

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

Application

RoS

Greenwood's Bancorporation, Inc.
Lake Mills, Wisconsin
Redeem up to 2,383 shares of its issued and
outstanding common stock

RoS

The Newburg Corporation
St. Ansgar, Iowa
Redeem 19,594 shares (24.25%) of its common stock

N
FR
*
**

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

FEDERAL RESERVE BANK OF PHILADELPHIA
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Comment Period Ending Date
Meridian Bank, Reading, Pennsylvania, requests approval to establish a branch
office, an in-store branch facility to be located at the Scot's Low Cost Store, 801
Loyalsock Avenue, Montoursville, Pennsylvania, pursuant to Section 9 of the Federal
Reserve Act. Expedited branch procedures. (Note: the previous date of expiration
of com. period for this particular branch was stated as 12/6/93 in error.)
Newspaper comment period ends:

12/20/93

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE
CoreStates Financial Corporation. Philadelphia, PA, requests approval to acquire
100% of the voting shares of Constellation Bancorporation, Elizabeth, New Jersey,
pursuant to Section 3(a)(5) of the Bank Holding Company Act of 1956.
Newspaper comment period ends:
Fed. Reg. Comment Period Expires:

12/23/93
12/30/93

National Penn Bancshares, Boyertown, PA, to acquire up to 21.4% of the voting
shares of First State Bank, Wilmington, DE, pursuant to Section 3(a)(3) of the
Bank Holding Company Act.
Newspaper comment period ends:
Fed. Reg. Comment Period Expires:

12/20/93
12/23/93

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
Dauphin Deposit Corporation, Harrisburg, Pennsylvania, to establish a de novo loan
production office subsidiary, Farmers Maryland, Inc., Owings Mills, Maryland,
pursuant to § 4(c)(8) of the Bank Holding Company Act and § 225.25(b)(1) of the
Board's Regulation Y.
Fed. Reg. Comment Period Expires:

12/13/93

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 3* 1993

Identification of Ratings
In connection with the assessment of each insured depository
performance, a rating is assigned from the following groups:

institution's

CRA

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 mode rate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Bank/Location

Examination Date
None •

CRA Rating

FEDERAL RESERVE BANK OF ST. LOUIS
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 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 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

FOR THE WEEK ENDING

Name of Bank
None

December 3, 1993

Bank Address

Examination
Date

Examination
Rating

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

Application
No n e .

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

Comment Period
Ending Date

Community First Bankshares, Inc.
Fargo, ND
To acquire 98.83% of the voting
shares of the Bank of Spooner,
Spooner, WI*

Not yet available

Northwest Equity Corp.
Amery, WI
Northwest Savings Bank
Amery, WI*

Not yet available

Philip Amundson
To acquire control of 39.83% of
(Newspaper)
the voting shares of Beulah
Bancorporation, Inc., Sioux Falls,
SD

12-27-93

John Franklin, Donald & Leona
Steinbeisser, Joe & MaryAnn
(Newspaper)
Steinbeisser, Jr., Rodney Prewitt,
Chantz Prewitt, Duane & Sheryl
Douglas, Marvin & Marcia Holas,
Walter & Karen McNutt, and Hugo &
Elaine Asbeck
To acquire control of 79.70% of the
voting shares of 1st United Bancor
poration, Inc., Sidney, MT

12-18-93

*Subject to CRA

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

Application
First Bank Holding Company, Inc.
Harvey, ND
To engage in general insurance
agency activities through the
acquisition of Harvey Insurance
Agency, Inc., Harvey, ND

12-27-93

Security Richland Bancorporation
Miles City, MT
To engage de novo in investment
or financial advice.

12-27-93

Northwest Equity Corp.
Amery, WI
To engage de novo in making and
servicing loans.

Not yet available

Zappco, Inc.
St. Cloud, MN
To engage de novo in management
consulting to depository institu
tions .

Not yet available

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

Application
1st United Bancorporation, Inc.
Sidney, MT
To redeem 40.2% of its voting
shares.

FEDERAL RESERVE BANK OF MINNEAPOLIS

Section V - Availability of
CRA Public Evaluations
week ending December 3, 1993
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of,
and is a leader in, ascertaining and helping to meet the
credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its
resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient
record cf 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
None.

DATE OF EXAMINATION

CRA RATING

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 TO BOT H
NEWSPAPER AND FEDERAL REGISTER NOTICE

APPLICATION

COMMENT PERIOD ENDING DATE

Community First Bankshares, Inc.,
Denver, Colorado, for prior approval
to acquire 100 percent of the voting
shares of The Bank of Cherry Creek,
N.A., Denver, Colorado, Mesa National
Bank, Grand Junction, Colorado,
Western National Bank of Colorado,
Colorado Springs, Colorado, and Bank
of Southern Colorado, Pueblo West,
Colorado.*

Not Available

Sack Family Partnership, York,
Nebraska, for prior approval to
acquire 99.96 percent of the voting
shares of York State Company, York,
Nebraska.*

Not Available

Commerce Bancshares, Inc., and CBICentral Kansas, Inc., both of Kansas
City, Missouri, for prior approval to
acquire 100 percent of the voting
shares of The Walnut Valley
Corporation, El Dorado, Kansas.*

Not Available

S E CTION III - APPLICATIONS SUBJECT TO FEDERAL R E G I S T E R NOTICE
ONLY

APPLICATION

COMMENT PERIOD ENDING DATE

None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGI S T E R NOTICE
OR NEWSPAPER NOTICE

APPLICATION
First National Bancshares of
Weatherford, Weatherford, Oklahoma,
for prior approval to redeem 5,808
shares of its own voting common
stock.

Not Available

Federal Reserve Bank of Kansas City

S E C T I O N V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Iden t i f i c a t i o n of Ratings

In connection with the assessment of each insured depositoryinstitution's CRA performance, a rating is assigned from the
following groups:
O u t s t a n d i n g record of meeting community credit needs

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

An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods,
in a manner consistent with its
resources and capabilities.
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.
Exam Date

Bank/Location

CRA Public
Date

CRA
Ratinq

08-30-93
Uinta County State Bank
128 North Birch Street
Mountain View, Wyoming 82939

11-29-93

Substantial
Noncompliance

Union Colony Bank
P.0. Box 961
Greeley, Colorado

08-23-93

12-02-93

Satisfactory

08-30-93

12-02-93

Outstanding

80632-0961

Deuel County State Bank
P.O. Box 548
Chappell, Nebraska 69129

Federal Reserve Bank of Kansas City

Citizens Bank
P.O. Box 888
Lawton, Oklahoma

08-30-93
73502-0888*

*Application is subject to CRA.

12-02-93

Outstanding

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF NOVEMBER 29, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
NOTICE EXP

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

** NOTICE EXP

*Section 3(a)(1) application by
First Eldorado Bancshares, Inc., Eldorado, TX, to
acquire First Eldorado Delaware Bancshares, Inc.,
Dover, DE, and The First National Bank of Eldorado,
Eldorado, TX

93/09/13

*Section 3(a)(1) application by
First Eldorado Delaware Bancshares, Inc., Dover, DE,
to acquire The First National Bank of Eldorado,
Eldorado, TX

93/09/13

^Section 3(a)(3) application by
First Financial Bankshares, Inc., Abilene, TX, to
acquire Concho Bancshares, Inc., San Angelo, TX, and
Southwest Bank of San Angelo, San Angelo, TX

93/12/28

*Section 3(a)(3) application by
First Abilene Bankshares of Delaware, Inc., Wilmington,
DE, to acquire Concho Bancshares, Inc., San Angelo, TX,
and Southwest Bank of San Angelo, San Angelo, TX

93/12/28

Change in Control Notice by
Heritage Financial Corporation Employee Stock Ownership
Bonus Plan, Ruston, LA, to acquire an interest in Heritage
Financial Corporation, Ruston, LA

N/A

Change in Control Notice by
Earl Delbert Horton, Dallas, TX, and Michael Bruce
Witcher, Windom, TX, to acquire an interest in Cooper
Lake Financial Corporation, Cooper, TX
(Previously reported during the week of 10-25-93)

93/12/16

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*
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 NOVEMBER 29, 1993

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 12/03/93
Section I - Applications Subject to Newspaper Notice Only

Application

Comment Period Ending Date

West One Bank, Utah, Salt Lake City,
Utah, to establish a branch office at
1283 Deer Valley Drive, Park City, Utah. *

Newspaper:

Not available

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
California Bancshares, Inc., San Ramon,
California, to acquire Modesto Banking
Company, Modesto, California. *

Newspaper:

12/30/93

Fed. Reg.:

Not available

Section III - Applications Subject to Federal Register Notice Only
The Dai-Ichi Kangyo Bank, Limited, Tokyo,
Japan, to acquire Barclays Commercial
Corporation, Charlotte, North Carolina,
through The CIT Group Holdings, Inc.,
New York, New York.

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 12/03/93
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending December 3, 1993. Information about a particular institution's
CRA evaluation may be obtained directly from the institution.
Institution

Location

Examination Date

Rating*

None

*Under the rating system an institution's CRA performance is assigned one of
the following four ratings:
Outstanding record of meeting community credit needs: An institution has
an outstanding record of, and is a leader in, ascertaining and helping to
meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs: An institution has
a satisfactory record of ascertaining and meeting the credit needs of its
entire delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs: An institution
needs to improve its overall record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resouces and capabilities
Substantial noncompliance in meeting community credit needs: An institution
has a substantially deficient record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resouces and capabilities

Full text of H.2 Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received : December 4, 1993

FRASER