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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1995, No. 49
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending December 9, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

TESTIMONY AND STATEMENTS
Daiwa Bank, Ltd., Osaka, Japan, and Daiwa Bank
Limited, New York Branch -- statement by Chairman
Greenspan before the Subcommittee on Financial
Institutions and Consumer Credit of the House
Committee on Banking and Financial Services,
December 5, 1995.
Published, December 5, 1995.

BANK HOLDING COMPANIES
Berens Corporation, Houston, Texas, and Berens
Delaware, Wilmington, Delaware -- to acquire First
National Bank of Dayton, Dayton, Texas, and to
engage in mortgage and commercial finance and
equipment leasing activities through Berens Credit
Corporation, Houston, Texas.
Denied, December 4, 1995.
NationsBank Corporation, Charlotte, North Carolina,
and NB Holdings Corporation -- to acquire North
Florida Bank Corporation, Madison, Florida, and
Bank of Madison County, National Association.
Approved, December 6, 1995.
Wellington State Bank, Wellington, Texas -- to
acquire two branches of Bank of America Texas,
N.A., Irving, Texas, and to establish branches at
their locations.
Approved, December 6, 1995.
BOARD OPERATIONS




Budget for 1996.
Approved, December 6, 1995.
Office of Inspector General -- budget for 1996.
Approved, December 6, 1995.

H.2
DECEMBER 4, 1995
PAGE 2

TO

DECEMBER 8, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

U miA X i m

AND P&LJglES
Community Reinvestment Act -- release during the week
of December 17, 1995, of list of institutions
scheduled for GRA examinations during the first
quarter of 1996.
Announced, December 4, 1995.
Farm Credit Act -- letter to the Farm Credit
Administration expressing no objection to proposed
amendments to FCAvs regulations.
Approved, December 8, 1995.
Regulation U -- publication for comment of amendments
concerning banks financing margin stock,
withdrawals and substitutions involving margin
stock, and amendments to conform Regulation U to
recently proposed changes for Regulation T
(Docket R-0905).
Approved, December 6, 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




Kansas City

BancFirst, Oklahoma City, Oklahoma -- to establish
additional branches in Oklahoma City.
Approved, December 5, 1995.

Kansas City

Bank of Holden, Holden, Missouri - - t o establish a
branch at the intersection of Missouri Highway 13
and Highway D, Warrensburg, Missouri.
Approved, December * , 1995.
4

Chicago

Citizens Bank and Trust Company, Belle Plaine, Iowa - to establish a branch at 706-12th Street.
Approved, December 8, 1995.

H.2
DECEMBER 4, 1995
PAGE 3

TO

DECEMBER 8, 1995

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

BANK BRANCHES. DOMESTIC
Chicago

First Farmers Bank & Trust Company, Converse, Indiana
-- to establish a branch at 10077 North State
Road 37, Elmwood, Indiana.
Approved, December 4, 1995.

Atlanta

First Southern Bank, Boca Raton, Florida -- to
establish a branch at 1750 University Drive, Coral
Springs, Florida.
Approved, December 8, 1995.

Richmond

First Virginia Bank-Commonwealth, Grafton, Virginia - to establish a branch in Patrick Henry Mall,
12300 Jefferson Avenue, Newport News, Virginia.
Approved, December 8, 1995.

Chicago

M&I Central State Bank, Oshkosh, Wisconsin -- to
establish a branch at 33 West Pioneer Road, Fond du
Lac, Wisconsin.
Approved, December 7, 1995.

BANK HOLDING COMPANIES




St. Louis

Arkansas National Bancshares, Inc., Bentonville,
Arkansas -- to acquire Arkansas National Bank.
Approved, December 5, 1995.

Kansas City

Armstrong Bancshares, Inc., Vian, Oklahoma -- to
acquire Vian State Bank.
Approved, December 6, 1995.

Chicago

Bridgeview Bancorp, Inc., Bridgeview, Illinois -request for waiver of application to acquire DuPage
Valley State Bank, Woodbridge Illinois.
Approved, December 6, 1995.

San Francisco

California Community Bancshares Corporation,
Vacaville, California -- to become a bank holding
company through the reorganization of Continental
Pacific Bank.
Returned, December 4, 1995.

H.2
DECEMBER 4, 1995
PAGE 4

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DECEMBER 8, 1995

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

BANK HOLDING COMPANIES




Dallas

Chaparral Bancshares, Inc., Richardson, Texas -- to
acquire Chaparral Delaware Bancshares, Inc., Dover,
Delaware, and Canyon Creek National Bank,
Richardson, Texas.
Approved, December 8, 1995.

Dallas

Chaparral Delaware Bancshares, Inc., Dover,
Delaware -- to acquire Canyon Creek National Bank,
Richardson, Texas.
Approved, December 8, 1995.

Director, BS&R

Citizens Financial Corporation, Elkins, West Virginia
-- registration as transfer agent.
Approved, December 5, 1995.

San Francisco

City National Corporation, Beverly Hills,
California -- request for waiver of application to
acquire First Los Angeles Bank, Los Angeles,
California.
Approved, December 8, 1995.

Chicago

Dentel Bancorporation, Victor, Iowa -- to acquire
Corydon Bancorporation, Corydon, Iowa, and Corydon
State Bank.
Approved, December 6, 1995.

Minneapolis

Farmers & Merchants Financial Services, Inc., St.
Paul, Minnesota -- to acquire Farmers State Bank of
Huntley, Huntley, Minnesota.
Approved, December 7, 1995.

Richmond

First Charter Corporation, Concord, North Carolina -to acquire Bank of Union, Monroe, North Carolina.
Approved, December 4, 1995.

Atlanta

FirstFed Bancorp, Bessemer, Alabama -- to acquire
First State Bank of Bibb County, West Blocton,
Alabama.
Approved, December 7, 1995.

Atlanta

FirstFed Bancorp, Inc., Bessemer, Alabama -- to
engage in operating a savings association through
First Federal Savings Bank.
Approved, December 8, 1995.

H .2
DECEMBER
PAGE 5

1995

TO

DECEMBER 8, 1995

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

BANK HOLDING COMPANIES




Kansas City

FSCBancshares, Inc., Cameron, Missouri -- to acquire
Farmers and Valley Bank, Tarkio Missouri.
Approved, December 5, 1995.

Chicago

Guaranty Bankshares, Ltd., Cedar Rapids, Iowa -- to
engage de novo in lending activities.
Permitted, December 5, 1995.

Philadelphia

Harleysville National Corporation, Harleysville,
Pennsylvania -- request for waiver of application
to acquire Farmers & Merchants Bank, Honesdale,
Pennsylvania, and the merger of Farmers & Merchants
with National Bank of Lansford, Lansford,
Pennsylvania.
Approved, December 7, 1995.

Director, BS&R

HSBC Holdings p .c . London, England, HSBC Holdings
,
B.V., Amsterdam, The Netherlands; and HSBC
Americas, Inc., Buffalo, New York -- request for
relief from certain reporting and other
requirements concerning the issuance and sale of
payment instruments through Marine Midland Payment
Services, Inc.
Granted, December * , 1995.
4

Secretary

Keystone Financial, Inc., Harrisburg, Pennsylvania -waiver of an application to acquire National
American Bancorp, Towanda, Pennsylvania.
Approved, December 6, 1995.

Kansas City

Mackey BanCo, Inc., Ansley, Nebraska -- to acquire
Security State Bank.
Approved, December 4, 1995.

Kansas City

Metropolitan Bancshares, Inc., Aurora, Colorado -- to
acquire Wally Bancorp, Inc., Parker, Colorado.
Approved, December 4, 1995.

Dallas

New Galveston Company, Wilmington, Delaware -- to
merge with S.B.T. Bancshares, Inc., San Marcos,
Texas.
Approved, December 8, 1995.

H.2
DECEMBER 4, 1995
PAGE 6

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DECEMBER 8, 1995

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

BANK HOLDING COMPANIES




Chicago

Newell Bancshares, Inc., Newell, Iowa -- to acquire
First Community Bank.
Returned, December 7, 1995.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota -- to
acquire Irene Bancorporation, Inc., Sioux Falls,
South Dakota.
Approved, December 5, 1995.

Minneapolis

Omega City Holding Company, La Moure, North Dakota -to acquire Marion Bank Holding Company, Marion,
North Dakota.
Approved, December 6, 1995.

Director, BS&R

PNC Securities Corp, Pittsburgh, Pennsylvania -request for relief from commitment to permit an
officer interlock between PNC's section 20
subsidiary, PNC Securities Corp and PNC Bank, N.A.
Granted, December 4, 1995.

Atlanta

Quantum Capital Corp., Suwanee, Georgia -- to acquire
Quantum National Bank.
Approved, December 6, 1995.

Dallas

S.B.T. Bancshares, Inc., San Marcos, Texas - - t o
acquire State Bank and Trust Company.
Approved, December 8, 1995.

Richmond

Summit Financial Corporation, Greenville, South
Carolina -- to acquire the assets of Domestic
Loans, Inc., Manning, South Carolina, and A+ Loans,
Inc .
Approved, December 8, 1995.

New York

Tompkins County Trustco, Inc., Ithaca, New York -- to
acquire Tompkins County Trust Company.
Approved, December 8, 1995.

San Francisco

Wells Fargo & Company, San Francisco, California -request for relief from commitments made by Wells
Fargo Bank, N.A., in a joint venture with The Nikko
Securities Co., Ltd.
Returned, December 6, 1995.

H.2
DECEMBER 9, 1995
PAGE 7

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DECEMBER 8, 1995

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

BANK HOLDING COMPANIES
Director, BS&R

West Milton Bancorp, Inc., West Milton, Pennsylvania
-- registration as transfer agent
Approved, December 8, 1995.

BANK MERGERS
Kansas City

BancFirst, Oklahoma City, Oklahoma -- to merge with
City Bank & Trust Company, and to establish
branches.
Approved, December 5, 1995.

BANK PREMISES
Kansas City

Citizens Bank, Lawton, Oklahoma -- investment in bank
premises.
Approved, December 8, 1995.

BANKS. STATE MEMBER
Director, BS&R

Bank of New York, New York, New York -- request for
relief from a commitment made in connection with
application to acquire certain assets and assume
certain liabilities of Barclays Bank of New York.
Granted, December 5, 1995.

Chicago

M&I Central State Bank, Oshkosh, Wisconsin -- payment
of a dividend.
Approved, December 5, 1995.

St. Louis

UMB Bank, Northeast, Monroe City, Missouri -- payment
of a dividend.
Approved, December 7, 1995.

CAPITAL STOCK




Kansas City

Beverly Bankshares, Inc., Beverly, Kansas -redemption of shares.
Approved, December 4, 1995.

Chicago

First American Bank, Jewell, Iowa -- redemption of
shares.
Approved, December 5, 1995.

H.2
DECEMBER 4, 1995
PAGE 8

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DECEMBER 8, 1995

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

CHANGE IN BANK CONTROL
Dallas

Austin County Bankshares, Inc., Bellville, Texas -change in bank control.
Permitted, December 7, 1995.

Kansas City

Beverly Bankshares, Inc., Beverly, Kansas -- change
in bank control.
Permitted, December 4, 1995.

Dallas

Dawson Bancshares, Inc., Dawson, Texas -- change in
bank control.
Returned, December 5, 1995.

Dallas

First Sonora Bancshares, Inc., Sonora, Texas -change in bank control.
Permitted, December 4, 1995.

COMPETITIVE FACTORS REPORTS




Atlanta

Ameribank, N.A., Savannah, Georgia, proposed purchase
of certain assets and assumption of certain
liabilities of the East Victory Drive, Savannah,
branch of Bank South, Atlanta, Georgia -- report on
competitive factors.
Submitted, December 6, 1995.

San Francisco

Bank of California, N.A., San Francisco, California,
proposed merger with Union Bank -- report on
competitive factors.
Submitted, December 8, 1995.

Chicago

Busey Bank, Urbana, Illinois, proposed merger with
Busey Bank of McLean County, LeRoy, Illinois -report on competitive factors.
Submitted, December 4, 1995.

San Francisco

California United Bank, N.A., Encino, California,
proposed merger with Corporate Bank, Santa Ana,
California -- report on competitive factors.
Submitted, December 8, 1995.

H.2
DECEMBER 4, 1995
PAGE 9

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DECEMBER 8, 1995

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

COMPETITIVE FACTORS REPORTS




Atlanta

Citizens Bank, Elizabethton, Tennessee, proposed
purchase of certain assets and assumption of
certain liabilities of the Allandale and Kingsport
branches of First Union National Bank of Tennessee,
Nashville, Tennessee -- report on competitive
factors.
Submitted, December 6, 1995.

San Francisco

Commercial Center Bank, Santa Ana, California,
proposed merger with La Cumbre Savings Bank, A
Federal Savings Bank, Santa Barbara, California -report on competitive factors.
Submitted, December
, 1995.

Atlanta

Community Banking Company of Fitzgerald, Fitzgerald,
Georgia, proposed purchase of certain assets and
assumption of certain liabilities of the 103 West
Roanoke Drive, Fitzgerald, branch of Bank South,
Atlanta, Georgia -- report on competitive factors.
Submitted, December 6, 1995.

Chicago

DuPage Valley State Bank, Woodridge, Illinois,
proposed merger with Bridegview Interim Bank,
Bridgeview, Illinois -- report on competitive
factors.
Submitted, December 6, 1995.

Boston

Eagle Federal Savings Bank, Bristol, Connecticut,
proposed purchase of the assets and assumption of
the liabilities of five branches of Shawmut Bank
Connecticut, N.A., Hartford, Connecticut -- report
on competitive factors.
Submitted, December 5, 1995.

Richmond

First Citizens Bank & Trust Company, Raleigh, North
Carolina, proposed purchase of certain assets and
assumption of the liabilities of the Martinsville
and Collinsville, Virginia, branches of First Union
National Bank of Virginia, Roanoke, Virginia -report on competitive factors.
Submitted, December 7, 1995.

H.2
DECEMBER 4, 1995
PAGE 10

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DECEMBER 8, 1995

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

COMPETITIVE FACTORS REPORTS




Kansas City

First National Bank of Mangum, Mangum, Oklahoma,
proposed acquisition of the assets and assumption
of the liabilities of the Granite, Oklahoma, branch
of Farmers and Merchants Bank, Maysville, Oklahoma
-- report on competitive factors.
Submitted, December 5, 1995.

Boston

First National Bank of Portsmouth, Portsmouth, New
Hampshire, proposed purchase of the assets and
assumption of the liabilities of five branches of
Shawmut BankNH, Manchester, New Hampshire -- report
on competitive factors.
Submitted, December 5, 1995.

Kansas City

First National Bank of Unadilla, Unadilla, Nebraska,
proposed merger with Community Savings & Loan
Association, Syracuse, Nebraska -- report on
competitive factors.
Submitted, December 6, 1995.

Kansas City

First State Bank of Elwood, Elwood, Kansas, proposed
merger with Farmer*s State Bank, Lucas, Kansas -report on Competitive factors.
Submitted, December 6, 1995.

Chicago

Grand National Bank, Crystal Lake, Illinois, proposed
merger with Grand National Bank, Crete; First
National Bank of Niles, Niles; and Grand National
Bank, Waukegan, Illinois " report on competitive
factors.
Submitted, December 7, 1995.

Richmond

Harbor Federal Savings Bank, Baltimore, Maryland,
proposed purchase of the assets and assumption of
the liabilities of the Pikesville and Perry Hall,
Maryland, branches of Sequoia National Bank,
Bethesda, Maryland -- report on competitive
factors.
Submitted, December 7, 1995.

New York

Hudson United Bank, Union City, New Jersey, proposed
merger with Growth Bank, Basking Ridge, New
Jersey -- report on competitive factors.
Submitted, December 4, 1995.

H.2
DECEMBER 4, 1995
PAGE 11

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DECEMBER 8, 1995

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

COMPETITIVE FACTORS REPORTS




Kansas City

Manhattan National Bank, Manhattan, Kansas, proposed
merger with Auburn National Bank, Auburn, Kansas -report on competitive factors.
Submitted, December 6, 1995.

Minneapolis

New Bank of South Range, South Range, Michigan,
proposed merger with South Range State Bank -report on competitive factors.
Submitted, December 8, 1995.

Kansas City

Nickerson State Bank, Nickerson, Kansas, proposed
merger with Nickerson Bankshares, Inc. -- report on
competitive factors.
Submitted, December 5, 1995.

San Francisco

Pacific Bank, National Association, San Francisco,
California, proposed merger with Burlingame Bank &
Trust Company, Burlingame, California -- report on
competitive factors.
Submitted, December 6, 1995.

Boston

Passumpsic Savings Bank, St. Johnsbury, Vermont,
proposed acquisition of the Main Street, Danville,
Vermont, branch of The Merchants Bank, Burlington,
Vermont -- report on competitive factors.
Submitted, December * , 1995.
*

Boston

People's Savings Bank of Brockton, Brockton,
Massachusetts, proposed purchase of certain assets
and assumption of certain liabilities of one branch
of Fleet Bank of Massachusetts, Boston,
Massachusetts, and of four branches of Shawmut
Bank, N.A. -- report on competitive factors.
Submitted, December 5, 1995.

Kansas City

Prairie State Bank, Augusta, Kansas, proposed merger
with First National Bank, Haysville, Kansas
report on competitive factors.
Submitted, December 6, 1995.

New York

Tompkins County Trust Company, Ithaca, New York,
proposed merger with TCTC Interim Savings Bank - report on competitive factors.
Submitted, December 8, 1995.

H.2
DECEMBER 4, 1995
PAGE 12

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DECEMBER 8, 1995

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

COMPETITIVE FACTORS REPORTS




Chicago

Union Bank, Lake Odessa, Michigan, proposed
acquisition of the assets and assumption of the
liabilities of the Dimondale, Michigan, branch of
First of America Bank-Michigan, N.A., Grand Rapids,
Michigan -- report on competitive factors.
Submitted, December 5, 1995.

San Francisco

Union Bank, San Francisco, California, proposed
merger with Bancal Tri-State Corporation -- report
on competitive factors.
Submitted, December 8, 1995.

Richmond

United National Bank-South, Beckley, West Virginia,
proposed merger with United National Bank,
Parkersburg, West Virginia -- report on competitive
factors.
Submitted, December 8, 1995.

Secretary

University Bank & Trust, Palo Alto, California,
proposed merger with Comerica Bank-California, San
Jose, California -- report on competitive factors.
Submitted, December 5, 1995.

Secretary

Washington Mutual Bank, Seattle, Washington, proposed
merger with Western Bank, Coos Bay, Oregon -report on competitive factors.
Submitted, December 7, 1995.

Boston

Webster Bank, Waterbury, Connecticut, proposed
purchase of the assets and assumption of the
liabilities of twenty branches of Shawmut Bank
Connecticut, N.A., Hartford, Connecticut -- report
on competitive factors.
Submitted, December 5, 1995.

Kansas City

Women’s Bank, N.A., Denver, Colorado, proposed merger
with The Women's Bank Colorado -- report on
competitive factors.
Submitted, December 6, 1995.

H.2
DECEMBER
PAGE 13

1995

TO

DECEMBER 8, 1995

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

EXTENSIONS OF TINE




San Francisco

BankAmerica Corporation, San Francisco, California -extensions to divest certain properties.
Granted, December 6, 1995.

Atlanta

Barnett Banks, Inc.,
extension to March
acting as agent in
securities through
Granted, December 8,

Richmond

Citizens Bank of Virginia, Vienna, Virginia -extension to July 1, 1996, to establish a branch at
the Kingstowne Shopping Center, Kingstowne
Boulevard and South Van Dorn Street, Alexandria,
Virginia.
Granted, December 8, 1995.

San Francisco

Dai-Ichi Kangyo Bank, Ltd., Tokyo, Japan -- extension
to divest certain property.
Granted, December 6, 1995.

Richmond

Elkridge Bank, Elkridge, Maryland -- extension to
March 8, 1996, to merge with Laurel Federal Savings
Bank, Laurel, Maryland, and establish a branch.
Granted, December 8, 1995.

Chicago

F&M Bancorporation, Inc., Kaukauna, Wisconsin -extension to March 8, 1996, to acquire Peoples
State Bank of Bloomer, Bloomer, Wisconsin.
Granted, December 8, 1995.

Richmond

FCNB Bank, Frederick, Maryland -- extension to
March 8, 1995, to acquire a branch of Laurel
Federal Savings Bank, Laurel, Maryland.
Granted, December 8, 1995.

Richmond

FCNB Corp. Frederick, Maryland -- extension to
,
March 8, 1996, to merge with Laurel Bancorp, Inc.,
Laurel, Maryland.
Granted, December 8, 1995.

San Francisco

Mitsubishi Bank, Ltd., Tokyo, Japan -- extension to
divest certain property.
Granted, December 7, 1995.

Jacksonville, Florida -23, 1996, to engage de novo in
the private placement of
Barnett Securities, Inc.
1995.

H.2
DECEMBER 4, 1995
PAGE 14

TO

DECEMBER 8, 1995

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

EXTENSIONS OF TIME
Cleveland

PNC Bank Corp, Pittsburgh, Pennsylvania -- extension
to March 26, 1996, to acquire Midlantic
Corporation, Edison, New Jersey.
Granted, December 8, 1995.

Atlanta

SunTrust Banks, Inc., Atlanta, Georgia, and SunTrust
Banks of Florida, Inc., Orlando, Florida -extension to April 23, 1996, to acquire Ponte Vedra
Banking Corporation, Ponte Vedra, Florida, and
Ponte Vedra National Bank.
Granted, December 8, 1995.

S t . Louis

Citizens Bank, Marion, Arkansas -- to become a member
of the Federal Reserve System.
Approved, December 6, 1995.

MEMBERSHIP

REGULATIONS AND POLICIES




Secretary

Regulation C -- staff commentary providing guidance
on treatment of prequalifications, loan
applications received through a broker,
participations, refinancings, home-equity lines,
and mergers (Docket R-0881).
Approved, December 4, 1995.

ADDITIONS AND CORRECTIONS

H.2
DECEMBER 4, 1995
PAGE 15

TO

DECEMBER 8, 1995

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

COMPETITIVE FACTORS REPORTS




San Francisco

Interim Bancorp, Inc., The Dalles, Oregon, proposed
merger with Columbia River Banking Company
report on competitive factors.
Submitted, November 28, 1995.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Comment Period Ending Date

Application
NONE

SECTION I I - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Comment Period Ending Date

Application
Community Bankshares,
Inc., Concord, New
Hampshire - 3 ( a ) (3)
application to acquire
Centerpoint Bank,
Bedford, New Hampshire*

Newspaper

1-1-96

Federal Register

1-8-96

SECTION I I I - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Comment Period Ending Date

Application
NONE

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

Examination Date

State Street Bank and
Trust Company
225 Franklin Street
Boston, Massachusetts 02101

7-5-95

Rating**
"S"

SECTION VI - CRA EXAMINATIONS SCHEDULED
Examinations may have to be rescheduled during the calendar quarter in which
they are designated to begin.
If an institution's examination is rescheduled
for a date later than the end of the date range reflected in a published
schedule, the institution's name will be republished in an appropriate later
listing.
Any comments received as a result if either the first publication or
subsequent publications will be considered during the examination.
The Federal Reserve Bank of Boston does not have any institutions scheduled to
be examined for CRA during the first quarter of 1996.

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



"N" - Needs to

Federal Reserve Bank of New York

Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
__________ Notice Only___________
Growth Bank, Basking Ridge, New Jersey, to establish
a branch at 32 Speedwell Ave. Morristown, New Jersey. 1/
,

1/3/96

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None .
SECTION III
Nonbanking Applications
(subject to Federal Register Notice Only)
Notice by
to engage
Stamford,
factoring

UJB Financial Corporation, Princeton, New Jersey,
through its subsidiary, UJB Commercial Corporation,
Connecticut, in commercial finance and
activities and leasing personal property.

12/27/95

Royal Bank of Canada, Montreal, Canada, to acquire a 20 percent
equity interest in MECA Software, L.L.C. and to engage in data
processing and data transmission.
N/A
National Bank of Greece, Athens, Greece, to engage through its
subsidiary, Worthington LP, in lending and leasing activities
pursuant to Section 225.25(b)(1) and (5) of Regulation Y.
N/A
SECTION IV
Applications Not Involving
______Public Comment______
None .
SECTION V
Availability of CRA Public Evaluations
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following group:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its




entire delineated community, including low- and 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 9, 1995
NAME OF BANK

RATING

EXAMINATION DATE

None.
SECTION VI
CRA Examinations Scheduled to Begin in First Quarter 1996
Examinations may have to be rescheduled during the calendar quarter in
which they are designated to begin. If an institution's examination is
rescheduled for a date later than the end of the date range reflected in
the published schedule, as shown above, the institution's name will be
republished in an appropriate later listing. Any comments received as a
result of either the first publication or subsequent publications will be
considered during the examination. Comments should be sent to the attention
of: Ms. Assunta Muglia, Examining Officer, Federal Reserve Bank of New York,
33 Liberty Street, New York, NY 10045.
The Bank of New York
48 Wall Street
New York, New York 10286

Bank of Cattaraugus
24 Main Street
Cattaraugus, New York 14719-0007

The Bank of New York (NJ)
Tioga State Bank
385 Rifle Camp Road
One North Main Street
West Paterson, New Jersey 07424 Spencer, New York 14883-0386
Bank of Avoca
18 North Main Street
Avoca, New York 14809-0009

1/
2J
3/
4/

Bank of Smithtown
One East Main Street
Smithtown, New York 11787-0456

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
Drovers Bancshares Corporation, York, PA, is the subject of a Change in Bank Control
filed by Robert H. Stewart, Jr*, Karylee Gilbert, Terrence S* Stewart, and Gary A.
Stewart, et al*, York, PA, to retain control of up to 15% of the holding company,
pursuant to the Change in Bank Control Act.
Federal Register comment period expires:
Newspaper Notice comment period expires:

11/27/95
N/Avail

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

12/11/95
12/26/95*

♦Applicant will republish with a comment period of 30 days•
New Century Bank, Phoenixville, PA, is the subject of a Change in Bank Control filed
by Kenneth B. Mumma and Moira F. Mumma, Chester Springs, PA, to acquire control of up
to 27.5% of the proposed bank, pursuant to the Change in Bank Control Act.
Federal Register comment period expires:
Newspaper Notice comment period expires:

N/Avail
N/Avail

Fulton Financial Corporation, Lancaster, Pennsylvania to acquire Gloucester County
Bankshares, Inc., Woodbury, New Jersey, pursuant to Section 3(a)(5) of the Bank Holding
Company Act of 1956, as amended.
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
Summit Bancorp, Inc., Johnstown, Pennsylvania ("Notificant") to acquire Cambria Thrift
Consumer Discount Company, Ebensburg, PA ("Cambria Company") and to engage in the
activity of making and servicing loans as a consumer finance company, pursuant to
Section 4(c)(8) of the Bank Holding Company Act of 1956, as amended, and Section
225.25(b)(1)(i) of Regulation Y. In connection with this acquisition, Notificant also
seeks permission to establish a new non-banking subsidiary, Value Finance Company,
Johnstown, PA, which will engage in the afoementioned activity through Cambria Company.
(Section 346 Notice).
Federal Register comment period expires:

12/28/95

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 8, 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




SECTION VI

CRA EXAMINATIONS SCHEDULED

(January 1, 1996 'through March 31, 1996)

Examinations may have to be rescheduled during the calendar quarter in which they are
designated to begin. If an institution's examination is rescheduled for a date later
than the end of the date range reflected in a published schedule, the institution's
name will be republished in an appropriate later listing. Any comments received as a
result of either the first publication or subsequent publications will be considered
during the examination.
BANK/LOCATION

Twin Rivers Community Bank
2951 William Penn Highway
Easton, Pa
Founders Bank
101 Bryn Mawr Avenue
Bryn Mawr, Pa
Dauphin Deposit
213 Market Street
Harrisburg, Pa
Bryn Mawr Trust
801 Lancaster Avenue
Bryn Mawr, Pa




F e d e r a l R eser v e B a n k
o f C lev e la n d
P. 0 . BOX 6387
CLEVELAND, OHIO 4 4 10 1-13 87

APPLICATIONS BULLETIN
(For the week ending December 9, 1995)
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Received prior notice by The Provident Bank, Cincinnati,
Ohio, on December 5, 1995, of its intent to establish a
branch facility at 1701 Llanfair Avenue, Cincinnati, Ohio.
Received applications from Fifth Third Bank Cincinnati,
Ohio, and The Fifth Third Bank of Columbus,
Columbus, Ohio, on December 4, 1995, of their intent
to acquire select offices of NBD Bank, Columbus, Ohio,
and incident thereto establish branch facilities.
SECTION

*December 25, 1995
*January 2, 1996

n - APPLICATIONS REGISTERTO BOTH NEWSPAPER AND FEDERAL
SUBJECT
NOTICE
NONE

SECTION m - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
NONE
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
NONE

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



AVAILABILITY OF CRA PUBLIC EVALUATIONS
(December 8, 1995)
The following state member banks have been examined by the Federal Reserve Bank of
Cleveland for compliance with The Community Reinvestment Act. A public evaluation
document became available from the bank(s) listed below during the week ended December 8,
1995. If you are interested in obtaining a copy of an evaluation document, please contact the
bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING: a bank in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
SATISFACTORY: a bank in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
NEEDS TO IMPROVE: a bank in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
SUBSTANTIAL NON COMPLIANCE: a bank in this group has a substantially
deficient record of ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
NONE




F ed e r a l R e ser v e B a n k
o f C l e v e la n d
P. O. BOX 6387
CLEVELAND, OHIO 4410 1-13 87

C R A Examinations Scheduled
First Quarter 1996

Examinations may have to be rescheduled during the calendar quarter in which they are
designated to begin. If an institution’s examination is rescheduled for a date later than the end
of the date range reflected in a published schedule, the institution’s name will be republished
in an appropriate later listing. Any comments received as a result of either the first publication
or subsequent publications will be considered during the examination.
Minster State Bank
96 West Fourth Street
Box 90
Minster, Ohio 45865
Fayette Bank
58 West Main Street
Uniontown, Pennsylvania 15401-3303
The Bank of Coming Company
North Valley Street
Box 428
Coming, Ohio 43730
The Fifth Third Bank of Western Ohio
123 Market Street
Box 1117
Piqua, Ohio 45356-1117
Union Bank & Savings Company
1 Union Square
Box 150
Bellevue, Ohio 44811
The Ohio Bank
236 South Main
Box 300
Findlay, Ohio 45839
Cortland Banks
194 West Main Street
Cortland, Ohio 44410



Bank One
28 Park Avenue, West
Mansfield, Ohio 44902
The Custar State Bank
P.O. Box 127
Custar, Ohio 43511
The Com City State Bank
120 West Main Street
Deshler, Ohio 43516

F e d e ra l R eserve Bank o f Richmond
Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

Miners and Merchants Bank and Trust
Company, Grundy, Virginia, to establish
a branch on U. S. Route 460 at Oakwood,
Virginia.*

12-23-95

Chesapeake Bank, Kilmarnock, Virginia,
to establish a branch at the intersection
of Route 5 and Ironbound Road, Williamsburg
(James City County), Virginia.*

12-30-95

Centura Bank, Rocky Mount, North Carolina,
to merge with First Commercial Bank, Asheville,
North.Carolina.*

1-6-96

Virginia Heartland Bank, Fredericksburg,
Virginia, to establish a branch at 12115
Andora Drive, Fredericksburg,Virginia.*

1-10-96

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

Comment Period Ending Date

Centura Banks, Inc., Rocky Mount, North
Carolina, to merge with First Commercial
Holding Company, Asheville, North Carolina.*

1-6-96

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

1-8-96**

Section III - Applications Subject to Federal Register Notice
Application
Southern National Corporation, WinstonSalem, North Carolina, to engage in making,
acquiring, or servicing loans or other
extensions of credit.

Comment Period Ending Date

12-22-95**

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




F e d e ra l R eserve Bank o f Richmond

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




F e d e ra l R eserve Bank o f Richmond
Section V - Availability of CRA Public Evaluations
Week ending December 8, 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

22150-2601

9-18-95

Satisfactory

Farmers & Merchants Bank
205 South Main Street
Timberville, Virginia 22853-9521

9-18-95

Satisfactory

Greenwood Bank and Trust
109 Montague Street
Greenwood, South Carolina

9-26-95

Satisfactory

F & M Bank-Hallmark
6810 Commerce Street
Springfield, Virginia




29649-1934

F e d e ra l R eserve Bank o f Richmond
Section VI - CRA Examinations Scheduled for First Quarter of 1996
Examinations may have to be rescheduled during the calendar quarter in which
they are designated to begin.
If an institution's examination is rescheduled
for a date later than the end of the date range reflected in published schedule,
the institution's name will be republished in an appropriate later listing.
Any comments received as a result of either the first publication or subsequent
publications will be considered during the examination.




Farmers Bank of Maryland, Annapolis, Maryland
First Virginia Bank-Central Maryland, Bel Air, Maryland
The Forest Hill State Bank, Bel Air, Maryland
Commercial and Farmers Bank, Ellicott City, Maryland
Elridge Bank, Elridge, Maryland
Atlantic Bank, Ocean City, Maryland
First Virginia Bank-Maryland, Upper Marlboro, Maryland
The Caroline County Bank, Greensboro, North Carolina
Centura Bank, Rocky Mount, North Carolina
Highlands Union Bank, Abingdon, Virginia
The Farmers Bank of Appomattox, Appomattox, Virginia
Big Stone Gap Bank & Trust Company, Big Stone Gap, Virginia
Bank of Hampton Roads, Chesapeake, Virginia
First Community Bank, Forest, Virginia
Peninsula Trust Bank, Inc., Gloucester, Virginia
Piedmont Trust Bank, Martinsville, Virginia
Bank of McKenney, McKenney, Virginia
Heritage Bank, McLean, Virginia
The Horizon Bank of Virginia, Merrifield, Virginia
The Farmers & Merchants Bank of Craig County, New Castle, Virginia
Heritage Bank and Trust, Norfolk, Virginia
First Sentinel Bank, Richlands, Virginia
Commerce Bank of Virginia, Richmond, Virginia
Consolidated Bank & Trust Co., Richmond, Virginia
Signet Bank, Richmond, Virginia
The Commonwealth Bank, Richmond, Virginia
Prosperity Bank & Trust, Springfield, Virginia
Bank of Suffolk, Suffolk, Virginia
Bank of Tazewell County, Tazewell, Virginia
The Bank of Tidewater, Virginia Beach, Virginia
First Commonwealth Bank, Wise, Virginia
The Traders Bank, Spencer, West Virginia
One Valley Bank, Summerville, West Virginia
The Capon Valley Bank, Wardensville, West Virginia

F e d e ra l Reserve Bank o f A t la n t a
A p p lic a t io n s B u l l e t i n f o r Week E n ding December 8, 1995
Section 1 - Applications Subject to Newspaper Notice Only
Comment Period Ending Date

Application

First Southern Bank
11-18-95*
Boca Raton, Florida
To establish a branch located at 1750 University Drive, Suite 101, Coral Springs,
Florida, pursuant to Section 9 of the Federal Reserve Act.
SunTrust Bank
12-24-95*
Atlanta, Georgia
To establish a branch located at 2675 North Decatur Road, Suite 114, Decatur,
Georgia, pursuant to Section 9 of the Federal Reserve Act.
Community Bank of Mississippi
Not yet available*
Forest, Mississippi
To acquire certain assets and assume certain liabilities of the Hinds and Rankin
County Branches of Community Bank, Indianola, Mississippi, pursuant to Section
18(c) of the Federal Deposit Insurance Act.
The branches are the Crossgates
Branch, located at 110 Service Drive, Suite A, Brandon, Mississippi; the Lakeland
Branch, located at 3500 Lakeland Drive, Suite A, Flowood, Mississippi; and the
Old Canton Road Branch, located at 6258 Old Canton Road, Jackson, Mississippi.
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

Evergreen Bancshares, Inc.
11-24-95*
Tallahassee, Florida
Federal Register
Change in control filed by Mr. David Andrew Barrett to acquire an additional 4.7
percent of the outstanding shares of Evergreen Bancshares, Inc., Tallahassee,
Florida. Total ownership will equal 29.5 percent.
FABP Bancshares, Inc.
Pensacola, Florida
1-BHC formation, First
Pensacola, Florida.

Not yet available*
American

Bank

of

Pensacola,

National

Association,

Whitney Holding Corporation
Not yet available*
Pensacola, Florida
To merge with First Citizens BancStock, Inc., Morgan City, Louisiana, and thereby
directly acquire First National Bank in St. Mary Parish, Morgan City, Louisiana,
pursuant to Section 3(a)(5) of the Bank Holding Company Act.
Central and Southern Holding Company
Not yet available*
Milledgeville, Georgia
To convert one of its two bank subsidiaries, Central and Southern Bank of
Greensboro, Greensboro, Georgia, into a savings association and thereby engage
de novo in operating a savings association, pursuant to Section 225.25(b)(9) of
Regulation Y and Section 4(c)(8) of the Bank Holding Company Act.
The
transaction will be accomplished through the merger of Central and Southern Bank
of Greensboro into Central and Southern Bank of North Georgia, Greensboro,
Georgia, an interim thrift subsidiary of Notificant.
Company will survive the
merger and operate under the name Central and Southern Bank of North Georgia.
Community Bancshares of Mississippi, Inc.
12-21-95*
Forest, Mississippi
Federal Register
To acquire 51 percent of the outstanding shares of Coast Community Bank, Biloxi,
Mississippi (in organization), pursuant to Section 3(a)(3) of the Bank Holding
Company A c t .
Section 3 - Applications Subject to Federal Register Only
Application

Comment Period Ending Date

None.
♦Subject to the provisions of the Community Reinvestment Act.



F e d e ra l Reserve Bank o f A t la n t a
A p p lic a t io n s B u l l e t i n f o r Week E n ding December 8, 1995
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
None.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending December 8, 1995
Section 6 - CRA Examinations Scheduled
Examinations may have to be rescheduled during the calendar quarter in which they
are designated to begin.
If an institution's examination is rescheduled for a
date later than the end of the date range reflected in a published schedule, the
institution's name will be republished in an appropriate later listing.
Any
comments received as a result of either the first publication or subsequent
publications will be considered during the examination.
Bank
The Peoples Savings Bank
Post Office Box 269
Clanton, Alabama 35045
Indian Rocks State Bank
Post Office Box 7
Indian Rocks Beach, Florida 34635
Merchants Bank
820 South Street
Vicksburg, Mississippi 39180
Bank of St. Petersburg
777 Pasadena Avenue South
St. Petersburg, Florida 33707
First Central Bank
Post Office Box 41250
St. Petersburg, Florida 33743
First Independent Bank of Florida
Post Office Box 08009
Fort Myers, Florida 33908
PanAmerican Bank
888 Brickell Avenue
Miami, Florida 33131
Southeastern Bank of Florida
Post Office Box 1810
Alachua, Florida 32615
Merchants & Farmers Bank of Greene County
Post Office Box 568
Eutaw, Alabama 35462
American Bank and Trust of Polk County
Post Office Box 3400
Lake Wales, Florida 33859
Mobile County Bank
Post Office Box 327
Grand Bay, Alabama 36541
The Peoples Bank and Trust Company
Post Office Box 799
Selma, Alabama 36702
First United Bank
980 North Federal Highway
Boca Raton, Florida 33432




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending December 8, 1995
Section 6 - CRA Examinations Scheduled
Bank
First American Bank of Indian River County
4000 20th Street
Vero Beach, Florida 32960
Bank of Madisonville
Post Office Box 547
Madisonville, Tennessee 37354
Barnett Bank of Volusia County
230 North Woodland Blvd
DeLand, Florida 32720
Barnett Bank of Nassau County
520 Centre Street
Fernandina Beach, Florida 32034
Barnett Bank of Northwest Florida
189 Eglin Parkway, N.E.
Fort Walton Beach, Florida 32548
Barnett Bank of North Central Florida
150 W. Madison Street
Lake City, Florida 32056
Barnett Bank of West Florida
100 West Garden Street
Pensacola, Florida 32501
Barnett Bank of The St. Johns
Post Office Drawer 1929
St. Augustine, Florida 32085
Barnett Bank of Tallahassee
315 South Calhoun Street
Tallahassee, Florida 32314
Barnett Bank of Southwest Georgia
Post Office Box 1497
Columbus, Georgia 31993
Bank of Adairsville
Post Office Box 405
Adairsville, Georgia 30103
Compass Bank
76 Laura Street
Jacksonville, Florida 32202
Southwest Georgia Bank
201 First Street
Moultrie, Georgia 31768
Guaranty Bank & Turst Company
Post Office Box 618
Venice, Florida 32484
Dadeland Bank
Post Office Box 560785
Miami, Florida 33156




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending December 8, 1995
Section 6 - CRA Examinations Scheduled
Bank
Jefferson Bank
2412 North State Road 7
Lauderdale Lakes, Florida 33313
Jefferson Bank of Florida
301 41st Street
Miami Beach, Florida 33140
Southtrust Bank of West Florida
150 Second Avenue North, Suite 300
St. Petersburg, Florida 33701
Citizens First Bank of Ocala
Post Office Box 548
Ocala, Florida 34478
Section 10 - Availability of CRA Public Evaluations
The CRA public evaluations of the insured depository institutions listed below
became available during this week.
Information about an institution's CRA
evaluation may be obtained directly from the institution. In connection with the
assessment of an institution's CRA performance, a rating is assigned from the
following groups:
Outstanding record of meeting community credit needs:
An institution has an
outstanding record of, and is a leader in, ascertaining and helping to meet the
credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities
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.
S a tis fa c to r y

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

Rating

Central Bank
Post Office Box 521599
Miami, Florida 33152
(305)592-6641

Satisfactory




Examination
Date
08-04-95

F e d e ra l Reserve Bank o f A t la n t a
A p p lic a t io n s B u l l e t i n f o r Week E nding December 8, 1995
Recently Approved Applications

Acoroval Date

FirstFed Bancorp, Inc.
12-07-95
Bessemer, Alabama
1-BHC formation, First State Bank of Bibb County, West Blocton, Alabama.
FirstFed Bancorp, Inc.
12-08-95
Bessemer, Alabama
To retain ownership of First Federal Savings Bank, Bessemer, Alabama, and thereby
engage in operating a savings association, pursuant to Section 225.25(b)(9) of
Regulation Y and Section 4(c)(8) of the Bank Holding Company Act.
First Southern Bank
12-08-95
Boca Raton, Florida
To establish a branch located at 1750 University Drive, Suite 101, Coral Springs,
Florida, pursuant to Section 9 of the Federal Reserve Act.
Quantum Capital Corp.
12-06-95
Sne11vilie, Georgia
1-BHC formation, Quantum National Bank, Suwanee, Georgia (in organization)




APPLICATIONS BULLETIN
Federal Reserve Bank of Chicago
The Applications Bulletin identifies:
(1)

final applications received by the Federal Reserve Bank of Chicago during the week ending
December 8. 1995 which are not subject to Federal Register or Newspaper notice;

(2)

final applications being processed by the Federal Reserve Bank of Chicago, which are
subject to Federal Register and/or Newspaper notice with comment periods ending during or
after the week ending December 8, 1995. or with comment periods which are unknown at
this time;

(3)

Community Reinvestment Act (CRA) Ratings for state member banks whose CRA
examinations become publicly available during the week ending December 8. 1995.

This Applications Bulletin is published weekly as a courtesy of the Federal Reserve and does not
constitute notice of these applications.
If members of the public want to comment on an application, comments must be received by the
Federal Reserve on or before the last day of the comment period. The comment period ends no earlier
than the date specified in the newspaper notice and, in the case of bank holding company applications for
which a Federal Register notice is published, may end later than that date. If you have any questions
concerning procedures that should be followed in commenting on an application, you may contact Alicia
Williams, Assistant Vice President at the Federal Reserve Bank of Chicago at 230 South LaSalle Street,
Chicago, Illinois 60690 (312) 322-5910.
If you cannot submit your comments by the end of the time period, you may request an extension of
time by contacting the Secretary of the Federal Reserve Board, Washington, D. C. 20551. Your request
for an extension of time must be received no later than the last date of the comment period and should
explain why you are unable to submit your comments on time. You will find more information on how to
request additional time in the Code of Federal Regulations ("CFR") at 12 CFR #262.25(B) (as revised,
Press Release (January 31, 1984), 49 Federal Register 5603 (February 14, 1984)).
For information on the Board’s policy concerning the holding of public meetings, please see the
Board’s Policy Statement of Handling Protested Applications, 12 CFR #262,25® and (D) (1984). The
procedure for requesting hearing can be found at 12 CFR #262.3(e). You may wish to consult A Citizens
Guide to CRA. published by the Federal Financial Institutions Examination Council.
Please note that public comment periods may expire without being published in the Applications
Bulletin. Individuals interested in comment periods pertaining to a particular application are encouraged to
contact Medelyn Cabriga, Applications Division at (312) 322-6145.




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

Type

Application

EFT

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

NP - 12-8-95

EFT

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

NP - 12-8-95

EFT

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

NP - **

EFT

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

NP _ **

EFT

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

NP _ **

EFT

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

NP - **

EFT

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

NP - **

Branch

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

NP - **




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

Tyge

Application

Merger/Branches

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

NP - **

Y-l Notice

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

NP - 12-7-95

Branch

Harris Trust and Savings Bank
6536 N. Sheridan Road
Chicago, Illinois

NP _ **




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

Type

Application

Y-l

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

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

Y-2

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

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

Y-2

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

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

Y-l

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

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

Y-2

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

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

Y-l

Storm Lake Security Bancorporation
Storm Lake, Iowa
Security Trust & Savings Bank
Storm Lake, Iowa*

Y-l




Crestmark Bancorp, Inc.
Bloomfield Hills, Michigan
Crestmark Bank (in organization)
Troy, Michigan*

FR - 1-9-96
N P - **

P R _ **
N P _ **




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

Comment Period
Ending Date

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

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

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

FR - 12-22-95
NP - 12-15-95

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

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

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

FR - 1-2-96

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

FR - 1-2-96

N P . **

_ **

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

Type

Application

Y-l

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

FR - 1-8-96

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

FR - 1-8-96

Y-2

COC-HC




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

N p - **

N P - **

P R - **

jsjp . **

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

FR - 12-29-95

4(c)(8)

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

F R - 12-11-95

4(c)(8)

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

FR - 12-21-95

4(c)(8)

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

FR - 12-12-95

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

FR - 12-27-95




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

Type

Application

ROS

Northern Trust Corporation
Chicago, Illinois
to redeem its 6.25% cumulative convertible
perferred stock, Series E

ROS

Nichols Bancorp, Incorporated
Nichols, Wisconsin
to redeem 119 shares of cumulative
preferred stock

N Newspaper
FR - Federal Register
* Subject to Provisions of Community Reinvestment Act
Not available at this time
5
jC




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 3O-day business day period
the bank has to make the evaluation public has lapsed during the week ending
December 08, 1995.
If you are interested in obtaining a copy of the
evaluation document, please contact the bank(s) directly.
Identification of Ratings
O-An institution in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
S-An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
NI-An institution in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
SN-An institution in this group has a substantially deficient, record of
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
BANK NAME/LOCATION

EXAMINATION DATE

-First State Bank
418 Sand Street
Churdan, Iowa
50050
(515) 389-3222
-Villa Grove State Bank
Ten North Main Street
Villa Grove, Illinois
(217) 832-2631




RATINGS

9/05/95

S

8/28/95

S

61956-0027

Federal Reserve Bank of Chicago
First Quarter 1996
Examinations may have to be rescheduled during the calendar quarter in which
t ^ are d e s i ^ t J d to begin. If an institution's examination is rescheduled
for a date later than the end of the date range reflected in a published
schedule, the institution's name will be republished in an appropriate later
listing.
Any comments received as a result of either the first publication
or subsequent publications will be considered during the examination.

1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.
35.
36.
37.
38.

M&I Marshall & Ilsley Bank
McHenry State Bank
The State Bank of Coloma
Blissfield State Bank
First State Bank of Maple Park
The State Bank of Geneva
Community State Bank
Westby-Coon Valley State Bank
The Auburn State Bank
Lapeer County Bank & Trust Co.
The Friendship State Bank
Security Savings Bank
Linden State Bank
1st Source Bank
New Asia Bank
First State Bank
St. Ansgar State Bank
Bank of Lenawee
Hendricks County Bank & Trust Company
Bank of Brodhead
Central State Bank
Iowa State Bank and Trust Company
Chemical Bank Bay Area
Farmers State Bank of Western Illinois
Security Bank
Tri-County Bank
Security Trust & Savings Bank
Security State Bank
The Farmers Bank of Mt. Pulaski
Onsted State Bank
Templeton Savings Bank
Villa Park Trust & Savings Bank
M&I Bank of Burlington
Bank One, Bloomington-Normal
Huron Community Bank
State Bank of Caledonia
Farmers State Bank of Breckenridge
Citizens Commercial & Savings Bank




Milwaukee, Wisconsin
McHenry, Illinois
Coloma, Michigan
Blissfield, Michigan
Maple Park, Illinois
Geneva, Illinois
Avilla, Indiana
Westby, Wisconsin
Auburn, Indiana
Lapeer, Michigan
Friendship, Indiana
Famhamville, Iowa
Linden, Indiana
South Bend, Indiana
Chicago, Illinois
Manchester, Iowa
St. Ansgar, Iowa
Adrian, Michigan
Brownsburg, Indiana
Brodhead, Wisconsin
Elkader, Iowa
Fairfield, Iowa
Bay City, Michigan
New Windsor, Illinois
Marshalltown, Iowa
Brown City, Michigan
Storm Lake, Iowa
Hartley, Iowa
Mount Pulaski, Illinois
Onsted, Michigan
Templeton, Iowa
Villa Park, Illinois
Burlington, Wisconsin
Bloomington, Illinois
East Tawas, Michigan
Caledonia, Michigan
Breckenridge, Michigan
Flint, Michigan

Federal Reserve Bank of St. Louis
FOR THE W ENDING DECEMBER 8, 1995
EEK
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

♦Section 4(c)(8) notification by Union Planters
Corporation, Memphis, Tennessee, to acquire
Valley Federal Savings Bank, Sheffield, Alabama.

Newspaper: 12-30-95

♦Section 3(a)(5) application by Magna Group, Inc.,
St. Louis, Missouri, to acquire River Bend
Bancshares, Inc., East Alton, Illinois.

Newspaper: 12-30-95

♦Section 3(a)(5)
Ana, California,
California (both
Banks, Inc., St.

Newspaper: 1-7-96

application by CCB Bancorp, Santa
to acquire QCB Bancorp, Long Beach,
BHCs are subsidiaries of First
Louis, Missouri).

Change in control notification involving Paducah
Bank Shares, Inc., Paducah, Kentucky, by Joseph
H. Framptom.

Not yet available

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
A p p Iication
End of Comment Period

None.
♦This application is subject to CRA.




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 lo w - 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 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.

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

Charter State Bank




December 8, 1995

Bank Address

P.0. Box 2000
Beebe, AR 72012

Examination
Date
5-22-95

Examination
Rating
Satisfactory

SECTION VI - CRA EXAMINATIONS SCHEDULED
Examinations may have to be rescheduled during the calendar quarter in which they
are designated to begin. If an institution’s examination is rescheduled for a date
later than the end of the date range reflected in a published schedule, the
institution’s name will be republished in an appropriate later listing.
Any
comments received as a result of either the first publication or subsequent
publications will be considered during the examination.




Farmers Bank & Trust Company, Blytheville, Arkansas
First Bank of Arkansas, Jonesboro, Arkansas
First State Bank of St. Peter, St. Peter, Illinois
Teutopolis State Bank, Teutopolis, Illinois
PNC Bank, Kentucky, Inc., Louisville, Kentucky
The Callaway Bank, Fulton, Missouri
Farmers & Merchants Bank, Hannibal, Missouri
Citizens Bank of New Haven, New Haven, Missouri
Belgrade State Bank, Potosi, Missouri

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

Application
M&I Community State Bank, Eau Claire,
Wisconsin, to establish a branch (ATM) in
Menomonie, Wisconsin.

December 12, 1995

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

Application

Comment Period
Ending Date

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

December 26, 1995
(Federal Register)

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

December 11, 1995
(Federal Register)

Dennis Christenson, Richard Wartman, Eugene
Halker, Laura Halker, and Halker Joint Revocable
Trust, to acquire control of 92.82% of the voting
shares of U.P. Financial, Inc., Ontongon, Michigan.

Not yet availiable

♦Subject to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section III - Applications Subject
to Federal Register Notice Only

Application
Norwest Corporation, Minneapolis, Minnesota,
to engage de novo in issuing commercial
and standby letters of credit related to
customers of The Foothill Group, Los Angeles,
California, and issuing shipping
guarantees.

Comment Period
Ending Date
December 28, 1995

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




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending December 8, 1995
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository institution's CRA
performance, a rating is assigned from the following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of, and is a
leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low-and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.

BANK (S) EXAMINED

DATE OF EXAMINATION

CRA RATING

Belt Valley Bank
P.0. Box 196
Belt, Montana
59412-0196
(406)277-3314

September 5, 1995

Satisfactory

Dacotah Bank
P.O. Box 248
Faulkton, South Dakota
57438-0248
(605)598-6211

September 12,1995

Satisfactory




Federal Reserve Bank of Minneapolis
Section VI - CRA Examinations
Scheduled to Begin in the Period January 1, 1996 - March 31, 1996

Examinations may have to be rescheduled during the calendar quarter in which
they are designed to begin.
If an institution's examination is rescheduled
for a date later than the end of the date range reflected in a published
schedule, the institution's name will be republished in an appropriate later
listing. Any comments received as a result of either the first publication or
subsequent publications will be considered during the examination. Written
comments regarding the CRA performance of these institutions should be
directed to M s . Jacquelyn Brunmeier at the Federal Reserve Bank of
Minneapolis, Banking Supervision Department, P.0. Box 291, Minneapolis, MN
55480-0291.

Bank Name
The Clinton State Bank
Victoria State Bank
Wadena State Bank
Yellowstone Bank, Absarokee, Montana
Cheyenne Western Bank
Stockmens Bank
The Citizens State Bankof Choteau
Yellowstone Bank, Columbus, Montana
Flint CreekValley Bank
First Citizens Bank of Poison
RonanState Bank
1st United Bank of Sidney
Farmers State Bank
Western Bankof Wolf Point
Dakota Western Bank
Dacotah Bank
State Bankof Alcester
Farmers State Bank
Farmers and Merchants Bank
Bank of Lemmon
Dacotah Bank




City
Clinton
Victoria
Wadena
Absarokee
Ashland
Cascade
Choteau
Columbus
Philipsburg
Poison
Ronan
Sidney
Victor
Wolf Point
Bowman
Aberdeen
Alcester
Faith
Huron
Lemmon
Mobrkfge

State
Minnesota
Minnesota
Minnesota
Montana
Montana
Montana
Montana
Montana
Montana
Montana
Montana
Montana
Montana
Montana
North Dakota
South Dakota
South Dakota
South Dakota
South Dakota
South Dakota
South Dakota

Federal Reserve Bank of Kansas City

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

COMMENT PERIOD ENDING DATE

Bank of Papillion, Papillion, Nebraska, for prior
approval to establish a branch facility at 2708/2710
South 114th Street, Omaha, Nebraska.
Exchange Bank of Missouri, Fayette, Missouri, for
prior approval to become a member of the Federal
Reserve System.

Not Available
Not Available

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

COMMENT PERIOD ENDING DATE

Sooner Southeast Bankshares, Inc., Bristow,
Oklahoma, for prior approval to acquire 21.6 percent
of the voting shares of Farmers Exchange Bank,
Antlers, Oklahoma.*
FirstBank Holding Company of Colorado, Lakewood,
Colorado, for prior approval to acquire 100 percent of
the voting shares of The Bank of Douglas County,
Castle Rock, Colorado.*
Baxter Bancshares, Inc., Baxter Springs, Kansas, for
prior approval to become a bank holding company
through the acquisition of 100 percent of the voting
shares of The Baxter State Bank, Baxter Springs, and
24.99 percent of the voting shares of People’s
National Bank, Seneca, Missouri (in organization).*

Not Available

Not Available

January 10, 1996

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

First Community Bancshares, Inc., Knob Noster,
Missouri, for prior approval to engage de novo
through its subsidiary, First Mortgage Co., Knob
Noster, Missouri, in the sale of credit-related life and
accident and health insurance.*



December 29, 1995

Federal Reserve Bank of Kansas City

SECTION TV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
American Bancorp of Oklahoma, Inc., Edmond,
Oklahoma, for prior approval to redeem 21.41 percent
of its outstanding common stock.

Not Available

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

Crete State Bank
P.O. Box 66
Crete, Nebraska 68333-0066

09/11/95

12/07/95

Satisfactory

Pitkin County Bank & Trust
P.O. Box 3677
Aspen, Colorado 81612

08/28/95

12/08/95

Outstanding

SECTION VI - CRA EXAMINATIONS SCHEDULED
January 1. 1996 through June 30. 1996

RANK NAME

CITY

STATE

Bank of Boulder
Centennial Bank
Fanners State Bank
Professional Bank
Lafayette State Bank
Pioneer Bank of Longmont
First United Bank
Rio Blanco State Bank
Custer County Bank
Citizens Bank Inc.
The Kinsley Bank
The State Bank of Lancaster
Heritage Bank of Olathe
The St. Marys State Bank
The Citizens-Farmers Bank
of Cole Camp
The Farmers Bank of Lincoln
Farmers State Bank
Chemical Bank
Webb City Bank
Citizens Bank
Deuel County State Bank
Bank of Hartington
First Security Bank
Adams State Bank
Citizens State Bank
First Nebraska Bank

Boulder
Englewood
Fort Morgan
Glendale
Lafayette
Longmont
Parker
Rangely
Westcliffe
Westminster
Kinsley
Lancaster
Olathe
St. Marys

CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
KS
KS
KS
KS

Cole Camp
Lincoln
Stanberry
Sweet Springs
Webb City
Bancroft
Chappell
Hartington
Mitchell
Ogallala
Polk
Valley

MO
MO
MO
MO
MO
NE
NE
NE
NE
NE
NE
NE




CRA
Ratine

Federal Reserve Bank of Kansas City

WestStar Bank
Bank of Cushing & Trust Co.
The First State Bank
The First State Bank of Fairland
Bank of Garber
The First Bank of Haskell
Grant County Bank
Bank of Love County
The Morris State Bank
Bank One, Oklahoma City
Poteau State Bank
Bank of Turley
Weleetka State Bank
The Bank of Commerce
Lusk State Bank
Uinta County State Bank
Riverton State Bank
Sheridan First Bank
Union State Bank
First State Bank of Wheatland

Bartlesville
Cushing
Fairfax
Fairland
Garber
Haskell
Medford
Marietta
Morris
Oklahoma City
Poteau
Tulsa
Weleetka
Wetumka
Lusk
Mountain View
Riverton
Sheridan
Upton
Wheatland

OK
OK
OK
OK
OK
OK
OK
OK
OK
OK
OK
OK
OK
OK
WY
WY
WY
WY
WY
WY

Examinations may have to be rescheduled during the calendar quarter in
which they are designated to begin. If an institution’s examination is
rescheduled for a date later than the end of the date range reflected in a
published schedule, the institution’s name will be republished in an
appropriate later listing. Any comments received as a result of either the
first publication or subsequent publications will be considered during the
examination.
*Application is subject to CRA.




FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF DECEMBER 4, 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
♦Section 3(a)(3) application by
Cullen/Frost Bankers, Inc., San Antonio, TX, to acquire
Park National Bank of Houston, Houston, TX
(Previously reported during the week of 11-20-95)
♦Section 3(a)(3) application by
The New Galveston Company, Wilmington, DE, to acquire
Park National Bank of Houston, Houston, TX
(Previously reported during the week of 11-20-95)
♦Section 3(a)(1) application by
Quanah Financial Corporation Employee Stock Ownership
Plan, Quanah, TX, to acquire Quanah Financial Corporation,
Quanah, TX, Quanah Bancshares, Inc., Quanah, TX, and First
National Bank, Quanah, TX
(Previously reported during the week of 11-20-95)
♦Section 3(a)(1) application by
Quanah Financial Corporation, Quanah, TX, to acquire
Quanah Bancshares, Inc., Quanah, TX, and First
National Bank, Quanah, TX
(Previously reported during the week of 11-20-95)
Change in Control Notice by
Rodney G. Joy, Cranfills Gap, TX, and Bosque
Bancshares, Inc. Employee Stock Ownership Plan,
Rodney G. Joy, Trustee, Cranfills Gap, TX,
to acquire an interest in Bosque Bancshares, Inc.,
Cranfills Gap, TX
♦Section 3(a)(1) Formation Notice by
ABNA Holdings, Inc., Denton, TX, to acquire
American Bank, N.A., Dallas, TX




** NOTICE EXP

95/12/19

95/12/19

95/12/20

95/12/20

N/A

95/12/07

Change in Control Notice by
First National Bank Employee Stock Ownership
Plan, San Benito, TX, to acquire an interest in
First San Benito Bancshares, Inc., San Benito, TX

N/A

*Sabine Bancshares, Inc., Many, LA, to acquire First
Community Bancshares, Inc., Winnfield, LA, Winn Bancshares,
Inc., Winnfield, LA, and First Community Bank, Winnfield, LA

N/A

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

NOTICE EXP

Section 4(c)(8) de novo notification by
South Plains Financial, Inc., Lubbock, TX,
to engage in data processing activities and real
estate and personal property appraisals through
South Plains Financial Services, Inc., Lubbock, TX

95/12/22

Section 4(c)(8) de novo notification by
Adam Financial Corporation, Bryan, TX, to engage
in making and servicing loans

95/12/29

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 4. 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 vjfs resources and capabilities.
Substantial Noncompliance in meeting community credit needs.
An institution in this group has .. substantially^deficient record of
a
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'
Security Bank of Arlington
1521 N. Cooper, Suite 100
P. 0. Box 121288
Arlington, TX 76012-1288




Date of
Examination

95/08/28

CRA Rating

Satisfactory

SECTION VI - CRA EXAMINATIONS SCHEDULED
Examinations may have to be rescheduled during the calendar quarter in which
they are designated to begin.
If an institution’s examination is rescheduled
for a date later than the end of the date range reflected in a published
schedule, the institution’s name will be republished in an appropriate later
listing. Any comments received as a result of either the first publication or
subsequent publications will be considered during the examination.

Bank

Date of Examination

The Bank of Livingston
Livingston, Texas

96/01/08

Bank of the West
El Paso, Texas

96/01/22

Midland American Bank
Midland, Texas

96/02/05

Texas State Bank
McAllen, Texas

96/02/26

Western Bank
Lordsburg, New Mexico

96/03/01

The First State Bank
Brackettville, Texas

96/03/18

Citizens Bank and Trust Company
Baytown, Texas

96/03/25




FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 12/08/95
Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Columbia Bancorp, The Dalles, Oregon, to become
a bank holding company by acquiring Columbia River
Banking Company, The Dalles, Oregon. *

Newspaper:

12/11/95

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

Newspaper:

12/22/95

Fed. Reg.:

12/22/95

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

Newspaper:

12/22/95

Fed. Rea.:

12/22/95

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

Newspaper:

Not available

Fed. Reg.:

Not available

The Mitsubishi Bank, Ltd., Tokyo, Japan, to
Newspaper:
acquire: The Bank of Tokyo Trust Company, New
York, New York; The Chicago-Tokyo Bank, Chicago,
Fed. Reg.:
Illinois; and Union Bank, San Francisco, California. *

12/16/95

Union Bank, San Francisco, California, to become
a bank holding company by acquiring BanCal TriState Corporation, San Francisco, California. *

Newspaper:

12/16/95

Fed. Rea.:

1/04/96

1/04/96

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

Fed. Reo.:

1/04/96

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

Fed. Rea.:

1/04/96

★

Subject to CRA.




FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 12/08/95
Section III -Applications Sub.iect to Federal Register Only (cont’d.)
Wells Fargo & Company, San Francisco, California,
to engage in venture capital and lending activities
through the acquisition of First Interstate Resource
Finance Associates, Newport Beach, California.

Fed. Reg.:

Not available

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

Fed. Reg.:

Not available

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

Fed. Reg.:

Not available

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




FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 12/08/95
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during the week
ending December 8, 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