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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H .2 , 1 9 9 7 , No. 7 A c tio n s o f th e B o a rd , i t s S t a f f , and th e F e d e r a l R e se r v e B an k s; A p p lic a t io n s and R e p o r ts R e c e iv e d D u r in g t h e W eek E n d in g F e b r u a r y 1 5 , 1 9 9 7 ACTIONS TAKEN BY THE BOARD OF GOVERNORS TESTIMONY AND STATEMENTS Financial modernization -- statement by Chairman Grpenspan before the Subcommittee on Financial Institutions and Consumer Credit of the House Committee on Banking and Financial Services, February 13, 1997. Published, February 13, 1997. BANK HOLDING COMPANIES Bank of New York Company, Inc., New York, New York to expand the activities of its section 20 subsidiary, BNY Capital Markets, Inc., to include limited underwriting and dealing in all types of debt and equity securities. Permitted, February 12, 1997. ENFORCEMENT Asahi Bank, Ltd., Tokyo, Japan, and the Asahi Bank, Ltd., branch in New York -- order of assessment of a civil money penalty of $5 million against the bank and the branch, and joint issuance with the New York State Banking Department of a cease and desist order against the bank and the branch. Announced, February 13, 1997. 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 New York European American Bank, New York, New York - - t o establish an in-store full service branch in a Wal-Mart Store at 161 Centereach Mall, Centereach, New York. Approved, February 11, 1997. Minneapolis Security State Bank & Trust Company, Poison, Montana - - t o establish a branch in Poison. Approved, February 12, 1997. H.2 FEBRUARY 10, 1997 PAGE 2 TO FEBRUARY 15, 1997 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COHPANIES Kansas City Aaeribanc Holdings, Durango, Colorado — The Bank of Durango. Permitted, February 12, 1997. to acquire Kansas City BOK Financial Corporation, Tulsa, Oklahoma — to acquire First Tex Corp., Inc., Dallas, Texas. Approved, February 19, 1997. Secretary Conaunity Capital Corporation, Greenwood, South Carolina - - t o acquire The Bank of Belton, Belton; and Bank of Barnwell County, Barnwell, South Carolina. Approved, February 12, 1997. Chicago County Bancorp, Inc., Manitowoc, Wisconsin -- to acquire Investors Community Bank. Approved, February 14, 1997. Chicago Damen Financial Corporation, Schaumburg, Illinois -to acquire Damen National Bank. Approved, February 12, 1997. Dallas Laguna Bancshares, Inc., Big Lake, Texas -- to acquire Laguna Bancshares of Delaware, Inc., Dover, Delaware, and Big Lake Bank, N.A. Approved, February 11, 1997. Dallas Laguna Bancshares of Delaware, Inc., Dover, Delaware - - t o acquire Big Lake Bank, N.A. Approved, February 11, 1997. Minneapolis Norwest Corporation, Minneapolis, Minnesota, and Norwest Financial Services, Des Moines, Iowa - - t o engage in automobile lending and credit-related insurance activities through the acquisition of Reliable Financial Services, Inc., San Juan, Puerto Rico. Approved, February 11, 1997. Cleveland Park National Corporation, Newark, Ohio - - t o acquire First Knox Banc Corp., Mount Vernon, Ohio. Approved, February 15, 1997. H.2 FEBRUARY 10, 1997 PAGE 3 TO FEBRUARY 15, 1997 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COHPANIES Kansas City Platte Valley Financial Services Companies, Inc., Scottsbluff, Nebraska -- to acquire Platte Valley National Banc, Inc. and Platte Valley National Bank, Scotts Bluff, Nebraska; First Morrill Co. and Platte Valley National Bank, Morrill, Nebraska; and notification to continue to engage in nonbanking activities through Platte Valley Ag Credit Co., Platte Valley Lending C o ., Platte Valley Investment Center and Platte Valley Mortgage Company, a l l of Scottsbluff, Nebraska• Approved, February 11, 1997. Chicago Sycamore Bancshares, Inc., Sycamore, Illinois -request for waiver of application to acquire American National Bank of De Kalb. Granted, February 10, 1997. Atlanta Synovus Financial Corp., Columbus, Georgia, TB&C Bancshares, Inc., and their nonbank subsidiaries, Total Systems Services, Inc., and Vital Processing Services, L.L.C. -- to invest in a joint venture, Golden Retriever System, L.L.C., Chandler, Arizona, and engage in data processing services. Permitted, February 11, 1997. San francisco TRP Acquisition Corporation, Burr Ridge, Illinois to acquire Trans Pacific Bancorp, San Francisco, California. Approved, February 13, 1997. S t . Louis Waterfield Bank Corp., Indianapolis, Indiana -- to acquire First National Bank of Mitchell, Mitchell, Indiana. Approved, February 10, 1997. BANK MERGERS San Francisco Humboldt Bank, Eureka, California — to acquire the Garberville branch of First Nationwide Bank, FSB, San Francisco, California. Approved, February 12, 1997. H.2 FEBRUARY 10, 1997 PAGE 4 TO FEBRUARY 15, 1997 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY Chicago La Salle State Bank, La Salle, Illinois — to merge with Community Bank of Utica, Illinois, and to establish a branch at 100 Mill Street, Utica, Illinois. Approved, February 13, 1997. BANKS. NONMEMBER. AND MISCELLANEOUS INSTITUTIONS San Francisco Glendale Federal Bank, Federal Savings Bank, Glendale, California -- request for waiver of application to acquire Transworld Bancorp and merger with Transworld Bank, both of Sherman Oaks, California. Granted, February 13, 1997. Director, BS&R U.S. Trust Company of New Jersey -- registration as transfer agent. Withdrawn, February 13, 1997. BANKS. STATE MEMBER Director, BS&R Comerica Bank, Detroit, Michigan -- registration as transfer agent. Withdrawn, February 13, 1997. CAPITAL STOCK Chicago La Salle Bancorp, Inc. La Salle, Illinois -redemption of shares. Approved, February 13, 1997. S t . Louis Perry County Bancorp, Inc., Duquoin, Illinois -redemption of shares. Returned, February 10, 1997. CHANGE IN BANK CONTROL Chicago LaSalle Bancorp, Inc., La Salle, Illinois -- change in bank control. Permitted, February 13, 1997. S t . Louis Rosedale First National Corporation, Rosedale, Mississippi -- change in bank control. Permitted, February 10, 1997. H.2 FEBRUARY 10, 1997 PAGE 5 TO FEBRUARY 15, 1997 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COHPETITIVE FACTORS REPORTS S t . Louis AmBank Illinois, National Association, Robinson, Illinois, proposed merger with AmBank Illinois, Casey, Illinois — report on competitive factors. Submitted, February 10, 1997. Dallas Bank of Barnwell County, Barnwell, South Carolina, proposed purchase of certain assets and assumption of certain liabilities of the Barnwell, Blackville, Salley, Springfield, and Williston branches of Carolina First Bank, Greenville, South Carolina report on competitive factors. Submitted, February 11, 1997. Minneapolis BayBank, Gladstone, Michigan, proposed merger with Bay Interim Bank -- report on competitive factors. Submitted, February 14, 1997. Atlanta Citizens Bank, Carthage, Tennessee, proposed purchase of certain assets and assumption of certain liabilities of the branch in Sparta of Trans Financial Bank Tennessee, N.A., Cookevile, Tennessee -- report on competitive factors. Submitted, February 12, 1997. Richmond Farmers & Merchants Bank, Granite Quarry, North Carolina, proposed purchase of certain assets and assumption of certain liabilities of the Rockwell, branch of First Union National Bank of North Carolina, Charlotte, North Carolina -- report on competitive factors. Submitted, February 12, 1997. S t . Louis First National Bank of Mitchell, Mitchell, Indiana, proposed merger with Union National Bank -- report on competitive factors. Submitted, February 13, 1997. St. Louis First South Bank, Bolivar, Tennessee, proposed purchase of assets and assumption of liabilities of the Brownsville, Tennessee, branch of National Bank of Commerce, Memphis, Tennessee -- report on competitive factors. Submitted, February 14, 1997. H.2 FEBRUARY 10, 1997 PAGE 6 TO FEBRUARY 15, 1997 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COHPETITIVE EACTORg REPORTS Dallas First State Bank of Avinger, Avinger, Texas, proposed aerger with New Avinger, Inc. -- report on competitive factors. Submitted, February 14, 1997. Chicago Greensburg Savings and Loan Association, Greensburg, Indiana, proposed merger with First Federal Savings and Loan Association of Greensburg -- report on competitive factors. Submitted, February 12, 1997. Chicago Mound City Bank, Platteville, Wisconsin, proposed merger with New Mound City Bank -- report on competitive factors. Submitted, February 12, 1997. San francisco New Lompoc, Inc., Lompoc, California, proposed merger with First Valley Bank -- report on competitive factors. Submitted, February 12, 1997. Kansas city Pony Express Community Bank, St. Joseph, Missouri, proposed acquisition of the assets and assumption of the liabilities of the Hunter, Kansas, branch of Interstate Bank, Wakeeney, Kansas -- report on competitive factors. Submitted, February 12, 1997. Atlanta Regions Bank of Louisiana, Baton Rouge, Louisiana proposed acquisition of the assets and assumption of the liabilities of West Carroll National Bank of Oak Grove, Oak Grove, Louisiana -- report on competitive factors. Submitted, February 12, 1997. Atlanta Regions Bank of Louisiana, Baton Rouge, Louisiana, proposed acquisition of the assets and assumption of the liabilities of Gulf South Bank and Trust Company, Gretna, Louisiana -- report on competitive factors. Submitted, February 12, 1997. H.2 FEBRUARY 10, 1997 PAGE 7 TO FEBRUARY 15, 1997 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Atlanta Republic Bank, St. Petersburg, Florida, proposed acquisition of the assets and assumption of the liabilities of Firststate Financial, F.A., Orlando Florida -- report on competitive factors. Submitted, February 12, 1997. Philadelphia Sun National Bank, Vineland, New Jersey -- proposed acquisition of the assets and assumption of the liabilities of four branches of First Union National Bank, Avondale, Pennsylvania -- report on competitive factors. Submitted, February 12, 1997. Chicago Today's Bank East, Freeport, Illinois, proposed merger with Today's Financial Services, Inc. and Today's Trust Company -- report on competitive factors. Submitted, February 12, 1997. Kansas City Tri State National Bank, Blanchard, Oklahoma, proposed merger with First National Bank of Tuttle Tuttle, Oklahoma -- report on competitive factors. Submitted, February 11, 1997. EXTENSIONS OF TINE Chicago Adair Insurance Agency, Inc., Adair, Iowa -extension to April 9, 1997, to redeem shares. Granted, February 14, 1997. Boston Assabet Valley Bancorp, Hudson, Massachusetts extension to acquire Hudson Savings Bank. Granted, February 14, 1997. Boston Bank of Boston Corporation, Boston, Massachusetts -extension to engage in underwriting and dealing in debt and equity securities through BancBoston Securities, Inc. Granted, February 11, 1997. Richmond FCBN Bank, Frederick, Maryland " extension to June 9, 1997, to merge with Elkridge Bank, Elkridge, Maryland. Granted, February 13, 1997. H.2 FEBRUARY 10, 1997 PAGE 8 TO FEBRUARY 15, 1997 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME Boston UFS Bancorp, Whitinsville, Massachusetts -- extension to acquire UniBank For Savings. Granted, February 14, 1997. INTERNATIONAL OPERATIONS Director, BS&R Morgan Guaranty International Finance Corporation, Newark, Delaware -- request to act as a general clearing member of the DTB Deutsche Terrainborse for certain non-clearing members of that exchange. Granted, February 14, 1997. MEMBERSHIP Secretary Bank of Belton, Belton, South Carolina - - t o become a member of the Federal Reserve System. Approved, February 12, 1997. REGULATIONS AND POLICIES Director, C&CA Regulation M -- request for comment on second proposal revising official staff commentary to implement the Consumer Leasing Act (Docket R-0961). Approved, February 12, 1997. H.2 ADDITIONS AND CORRECTIONS FEBRUARY 10, 1997 PAGE 9 TO FEBRUARY 15, 1997 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COHPETITITE FACTORS REPORTS Dallas Guaranty Bank & Trust Company, Gatesville, Texas — proposed acquisition of the assets and assumption of the liabilities of the branch of Pacific Southwest Bank, Corpus Christi, at 116 South Bell Street, Hamilton, Texas -- report on competitive factors. Submitted, February 4, 1997. INTERNATIONAL gPffUTIONS Richmond First Fidelity International Bank, New York, New York — to amend its Articles of Association. Approved, February 5, 1997. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS Application SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date NONE 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 ONLY Application Comment Period Ending Date NONE SECTION TV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS institution Examination Pate Rating** NONE SECTION VI - CRA EXAMINATION 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. The Federal Reserve Bank of Boston does not have any institutions scheduled to be examined for CRA during the second quarter of 1997. ♦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 A pplications Subject to Newspaper ______Notice Only______ The Chase Manhattan Bank, N ew York, N ew York, to established a branch at Ciba Specialty Chem icals, 540 W hite Plains Road, T arrytown, N ew Y ork._!/ 03/10/97 SECTION II A pplications Subject to Both Newspaper and Federal R egister Notice Application by BanPonce Corporation, Hato R ey, Puerto R ico, Popular International Bank, Inc., Hato Rey, Puerto R ico, and BanPonce Financial Corp., W ilm ington, Delaware, to acquire 100 percent o f the voting shares o f National Bancorp., Streamwood, Illinois, a bank holding company with respect to Am ericanM idwest Bank and Trust, M elrose Park, Illinois. 1/ SECTION III Nonbanking A pplications (subject to Federal R egister Notice Only I N one. SECTION IV A pplications Not Involving Public Comment___ N one. SECTION V A vailability o f CRA Public Evaluations In connection w ith the assessm ent o f each insured depository institution's CRA performance, a rating is assigned from the follow ing group: Outstanding record o f m eeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to m eet the credit needs o f its entire delineated com m unity, including low - and m oderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record o f m eeting community credit needs. An institution in this group has a satisfactory record o f ascertaining and helping to m eet the credit needs o f its entire delineated 03/19/97 2 / community, including low - and moderate- incom e neighborhoods, in a manner consistent with its resources and capabilities. N eeds to improve record o f m eeting community credit needs. An institution in this group needs to improve its overall record o f ascertaining and helping to m eet the credit needs o f its entire delineated community, including low - and moderate incom e neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncom pliance in m eeting community credit needs. An institution in this group has a substantially deficient record o f ascertaining and helping to m eet the credit needs o f its entire delineated com m unity, including low - and moderate- incom e neighborhoods, in a manner consistent with its resources and capabilities. W eek Ending February 15.1997 NAME OF BANK RATING EXAM INATION DATE N one. SECTION VI CRA Exam inations Scheduled to Begin in Second Q uarter 1997 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 o f the date range reflected in the published schedule, as shown above, the institution's name w ill be republished in an appropriate later listing. Any com m ents received as a result o f either the first publication or subsequent publications w ill be considered during the exam ination. Comments should be sent to the attention of: Ms. Assunta M uglia, Examining Officer, Federal Reserve Bank o f N ew York, 33 Liberty Street, N ew York, N Y 10045. Bank o f Avoca 18 North Main Street A voca, N ew York 14809 First Tier Bank & Trust Company 107 Main Street Salamanca, N ew York 14779 Banco Popular de Puerto Rico P.O. Box 2708 San Juan, Puerto Rico 00936-2708 1 / Subject to provisions o f Community Reinvestm ent Act. 2 / Later o f dates specified in newspaper and Federal Register notices. 2 / Date specified in newspaper notice; a later date may be specified in the Federal Register notice. 4 / Date specified in Federal Register notice; a later date may be specified in the newspaper notice. N /A - N ot A vailable FEDERAL RESERVE BANK OF PHILADELPHIA SECTION I - APPLICATIONS RECEIVED AND SUBJECT TO NEW SPAPER NOTICE ONLY NONE SECTION H - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEW SPAPER AND FEDERAL REGISTER NOTICE K eystone Financial Inc.. Harrisburg, PA to acquire 100 percent o f Financial Trust Corp, Carlisle, PA, pursuant to Section 3(a)(5) o f the Bank Holding Company Act. Newspaper comment period expires: Federal Register comment period expires: 3/02/97 N /Avail U SA BancShares. Inc.. Philadelphia, PA to acquire additional shares o f Regent Bancshares Corp., Philadelphia, PA equalling up to 9.9% o f total voting shares outstanding, pursuant to Section 3(a)(3) o f the Bank Holding Company Act. Newspaper comment period expires: Federal Register comment period expires: 3/04/97 3/14/97 SECTION III - APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL REGISTER NOTICE ONLY NONE SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEW SPAPER 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 w eek ending February 14, 1997. Identification of Ratings In connection with the assessment o f each insured depository institution's CRA performance, a rating is assigned from the follow ing groups: O utstanding record o f m eeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to m eet the credit needs o f its entire delineated community, including low - and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of m eeting community credit needs. An 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 m eeting 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 noncom pliance in meeting community credit needs. An 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. Bank/Location Exam ination Date CRA Rating NONE NONE NONE FEDERAL RESERVE BANK OF PHILADELPHIA SECTION VI - CRA EXAM SCHEDULE (April 1. 1997 - June 30. 1997) "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." Berks County Bank 400 Washington Street Reading,PA 19601 RSSD# 1160545 First Sterling Bank 80 W. Lancaster Avenue Devon,PA 19333 1191398 Madison Bank 1767 Sentry Parkway West Blue Bell, PA 19422 1399916 Pennsylvania State Bank 2148 Market Street Camp Hill, PA 17001 1391415 First Heritage Bank 64 N Franklin Street Wilkes Barre,PA 18701 221474 A PPLIC A TIO N S BU LLETIN (For th e w eek ending February 1 5 ,1 9 9 7 ) SE C T IO N I - A PPLIC A TIO N S SUBJECT TO N EW SPA PER N O TIC E O NLY NONE SE C T IO N n - A PPLIC A TIO N S SUBJECT T O BO TH N EW SPA PER A N D FED ER A L R EG ISTER N O TIC E Received application from Banc One Corporation, Columbus, Ohio, and Banc One Oklahoma Corporation, Oklahoma City, Oklahoma, on February 5, 1997, to acquire Liberty Bancorp, Inc., Oklahoma City, Oklahoma, and its bank and non-bank subsidiaries. * F: March 13, 1997 SEC TIO N H I - A PPLIC A TIO N S SUBJECT TO FED ER A L R EG ISTER N O TIC E O NLY NONE SEC TIO N IV - A PPLIC A TIO N S N O T SU BJEC T TO FED ER A L R EG ISTER N O TIC E O R N EW SPA PER N O TIC E NONE * - Subject to CRA N - Newspaper Comment Period F - Federal Register Comment Period # - Expected to End 30 Days from Date o f Receipt AVAILABILITY OF CRA PUBLIC EVALUATIONS (February 14, 1997) The following state member banks have been examined by the Federal Reserve Bank o f Cleveland for compliance with The Community Reinvestment Act. A public evaluation document became available from the bank(s) listed below during the week ended February 14, 1997. If you are interested in obtaining a copy o f 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 o f 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 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: a bank 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 NON COMPLIANCE: a bank 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. Provident Bank o f Kentucky 3701 Alexandria Pike Cold Spring, KY 41076 Rating: Outstanding Exam Date: 10-15-96 Disclosure Date: 2-13-97 RSSD #: 943518 FEDERAL RESERVE B A N K OF CLEVELAND P. O. Box 6387 Cleveland, Ohio 44101-1387 C R A E xam inations Scheduled Second Q uarter 1997 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 o f the date range reflected in a published schedule, the institution’s name w ill be republished in an appropriate later listing. Any comments received as a result o f either the first publication or subsequent publications w ill be considered during the examination. Fifth Third Bank o f Southern Ohio 100 South High Street Hillsboro, OH 45133-0910 The Commercial Bank P. O. Box 429 Delphos, OH 45833 The Savings Bank & Trust Company P. O. Box 108 Orrville, OH 44667-0108 The Exchange Bank P. O. Box 129 Luckey, OH 43443-0129 Somerset Trust Company P. O. Box 777 Somerset, PA 15501-0777 Apollo Trust Company 201 North Warren Avenue Apollo, PA 15613-0247 The Ohio Bank P. O. Box 300 Findlay, OH 45839-0300 The Marblehead Bank 709 West Main Street Marblehead, OH 43440 The Croghan Colonial Bank 323 Croghan Street Fremont, OH 43420 The Ottoville Bank Company P. O. Box 459 Ottoville, OH 45876 The Citizens Commercial Bank & Trust Co. P. O. Box 170 Celina, OH 45822 Ohio Heritage Bank P. O. Box 1590 Coshocton, OH 43812 Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Application Comment. Period Ending,,Date Atlantic Bank, Ocean City, Maryland, to establish a branch in the Wal-Mart SuperCenter at 2132 Old Snow Hill Road, Pocomoke, Maryland.* 3-8-97 Section II - Applications Subject to Both Newspaper and Federal Register Notice NationsBank Corporation, Charlotte, North Carolina, and its subsidiary, NB Holdings Corporation, Charlotte, North Carolina, to continue to retain in a fiduciary capacity, through the trust departments of their sub sidiary banks, NationsBank, National Associa tion, Charlotte, North Carolina, and Nations Bank of Texas, National Association, Dallas, Texas, directly or indirectly more than 5% of the outstanding shares of voting stock of the following: Calvin B. Taylor Bankshares, Inc., Berlin, Maryland, and its wholly owned subsidiary bank; First Perry Bancorp, Inc., Pinckneyville, Illinois, and its wholly owned subsidiary bank; The First National Bank in Falfurrias, Falfurrias, Texas; First National Security Company, De Queen, Arkansas, and its six wholly-owned subsidiary banks; First National Bancshares of Hempstead County, Inc., Hope, Arkansas, and its three wholly owned subsidiary banks.* 3-14-97** ♦Application is subject to CRA requirements. ♦♦Expiration of comment period as specified in the Federal Register. Federal Reserve Bank of Richmond Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date Crestar Financial Corporation, Richmond, Virginia, to engage ds. novo through its subsidiary, Crestar Securities Corporation, Richmond, Virginia, in underwriting and dealing in certain bank-ineligible securities acting as agent in the private placement of all types of securities; and buying and selling all types of securities on the order of customers as riskless principal. Section IV - Application Not Subject to Federal Reg i s te r .Notice,.qx ffewgpapftiiJi&fcic.e application None. 3-5-97** Federal Reserve Bank of Richmond Section V - Availability of CRA Public Evaluations Week ending February 14, 1997 Definition pf 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 con sistent 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 --- Eats__ Southern Financial Bank 37 East Main Street Warrenton, Virginia 22186-3420 10-28-96 Rating Satisfactory Federal Reserve Bank of Richmond Sfigt l M L-vi CBft, Examinations Scheduled for ,gficpraLQwarteE..of 183.7 Examinations may have to be rescheduled during the calendar quarter in which they are designated to begin. If an institutions 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. Commercial and Farmers Bank, Ellicott City, Maryland FCNB Bank, Frederick, Maryland Big Stone Gap Bank and Trust Company, Big Stone, Virginia Union Bank and Trust Company, Bowling Green, Virginia Bank of Hampton Roads, Chesapeake, Virginia Bank of Marion, Marion, Virginia Bank of McKenney, McKenney, Virginia Heritage Bank, Norfolk, Virginia First Sentinel Bank, Richlands, Virginia The Commonwealth Bank, Richmond, Virginia Consolidated Bank Trust Company, Richmond, Virginia Prosperity Bank & Trust Company, Springfield, Virginia Marathon Bank, Stephens City, Virginia Northern Neck State Bank, Warsaw, Virginia Peoples State Bank, Inc., Clarksburg, West Virginia Federal Reserve Bank o f Atlanta Applications Bulletin for Week Ending February 14. 1997 Section 1 - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date 1st United Bank 02-24-97 Boca Raton, Florida To merge with Island National Bank and Trust Company, Palm Beach, Florida, pursuant to Section 18(c) o f the Federal Reserve Act. AmSouth Bank o f Tennessee 02-20-97 Chattanooga, Tennessee To establish a branch office located at 7604 Highway 70 South, Nashville, Tennessee. Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date The First Corporation 02-20-97 Opelika, Alabama Newspaper After-the-fact change in control by Joseph Lowrie Dean, Jr., to retain 132.68 percent o f the outstanding shares o f common stock. 1st United Bancorp 03-14-97 Boca Raton, Florida Federal Register To acquire Island National Bank and Trust Company, Palm Beach, Florida. Section 3 - Applications Subject to Federal Register Only Application Comment Period Ending Date None. Section 4 - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending February 1 4 ,1997 Section 6 - CRA Examinations Scheduled Exam inations may have to be rescheduled during the calendar quarter in w hich they are designated to begin. I f an institution’s exam ination is rescheduled for a date later than the end o f the date range reflected in a published schedule, the institution’s name w ill be republished in an appropriate later listing. Any com m ents received as a result o f either the first publication or subsequent publications w ill be considered during the exam ination. C itizens Trust Bank, Atlanta, Georgia Independent Bank o f O cala, Ocala, Florida First N avy Bank, Pensacola, Florida Aliant Bank, Alexandria, Alabama Coconut G rove Bank, M iam i, Florida Republic Security Bank, W est Palm Beach, Florida First Bank & Trust Company o f Tennessee, Johnson C ity, Tennessee Levy County State Bank, Chiefland, Florida W est C oast Bank, Sarasota, Florida Compass Bank, Birmingham, Alabama Compass Bank, Jacksonville, Florida Columbia Bank, Tampa, Florida Bank at Ormond by-the-Sea, Ormond Beach, Florida Indian Rocks State Bank, Indian Rocks Beach, Florida Bank o f St. Petersburg, St. Petersburg, Florida Sym m a Bank & Trust Com pany, Sym m a, Georgia Southeastern Bank o f Florida, Alachua, Florida First Central Bank, St. Petersburg, Florida Fam ily Bank, H allandale, Florida Bank o f Alabama, Birmingham, Alabama First Independence Bank o f Florida, Fort M yers, Florida PanAmeriean Bank, M iam i, Florida M obile County Bank, Grand Bay, Alabama Merchants & Fanners Bank o f Greene County, Eutaw, Alabama First Am erican Bank o f Indian R iver County, Vero Beach, Florida Federal Reserve Bank o f Atlanta Applications Bulletin for Week Ending February 14. 1997 Section 10 - Availability o f CRA Public Evaluations The CRA public evaluations o f 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 o f an institution's CRA performance, a rating is assigned from the following groups: O utstanding record o f m eeting com m unity credit needs: An institution has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs o f its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record o f m eeting com m unity credit needs: An institution 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 im prove record o f m eeting com m unity credit needs: An institution 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 noncom pliance in m eeting com m unity credit needs: An institution 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. Bank CRA .Rating Bank o f York Post Office Box 96 York, Alabama 36925 (205) 392-5205 Satisfactory Exam ination Date 11-04-96 Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending February 14. 1997 R ecently Approved Applications Approval D ate Synous Financial Corp. 02-11-97 Colum bus, Georgia N otification by Synovus Financial Corp. and its parent com pany, TB&C Bancshares, In c., Colum bus, G eorgia, to invest, along w ith its nonbank subsidiaries, Total System Services, In c., and V ital Processing Services, L .L .C ., both o f Colum bus, G eorgia, in a join t venture, G olden Retriever System s, L .L .C ., Chandler, A rizona, and thereby engage in data processing activities, pursuant to Section 225.25(bX 7) o f R egulation Y and Section 4(cX 8) o f the Bank H olding Company Act. Federal Reserve Bank o f Chicago Section I - Applications Subject to Newspaper Notice Only Comment Period Type Application Ending Date Branch 1st Source Bank South Bend, Indiana 2900 South State Street St. Joseph, Michigan NP - 2-10-97 3(a)(1) Notice Community Bank Corp. Park Ridge, Illinois Park Ridge Community Bank Park Ridge, Illinois NP - 3-8-97 NP - Newspaper FR - Federal Register * - Subject to Provisions o f Community Reinvestment Act ** - Not available at this time Federal Reserve Bank o f Chicago Section II - Applications Subject to Both Newspaper and Federal Register N otice Comment Period ly p e Application Ending Date COC-HC Antioch Holding Company Antioch, Illinois By Randolph S. M iles FR - 2-20-97 N P - ** 3(a)(1) AliKat Investments, Inc.* Gurnee, Illinois NorthSide Community Bank Gurnee, Illinois (in organization) FR - 3-3-97 NP - 2-28-97 3(a)(3) Blackhawk Bancorp, Inc.* Beloit, W isconsin Rochelle Bancorp, Inc. R ochelle, Illinois Rochelle Savings Bank, S.B . R ochelle, Illinois FR - 3-3-97 NP - ** 3(a)(1) Vanderbilt Holding Company, Inc.* Fairfax, Iowa Fairfax State Savings Bank Fairfax, Iowa FR - 1-24-97 NP - 3-01-97 3(a)(1) The Connor Trusts* M arshfield, W isconsin Pioneer Bancorp, Inc. Auburndale, W isconsin Pioneer State Bank Auburndale, W isconsin FR - 2-28-97 NP - 2-24-97 Federal Reserve Bank o f Chicago Section II - Applications Subject to Both Newspaper and Federal Register N otice cont’d Comment Period Ending Date Type Application 3(a)(1) Pioneer Bancorp, Inc.* Auburndale, W isconsin Pioneer State Bank Auburndale, W isconsin FR - 2-28-97 NP - 2-24-97 3(a)(1) Brickyard Bancorp, Inc.* Northbrook, Illinois Sysco Financial, Inc. Lincolnwood, Illinois Brickyard Bank Lincolnwood, Illinois FR - 2-14-97 NP - 2-18-97 3(a)(3) Firstbank o f Illinois C o.* Springfield, Illinois BanCentral Corporation Champaign, Illinois Central National Bank o f Mattoon Mattoon, Illinois FR - 2-14-97 NP - 2-3-97 3(a)(1) First Equity Corp.* Skokie, Illinois 1st Equity Bank Skokie, Illinois (in organization) FR - 2-27-97 NP - 3-10-97 3(a)(1) Bando M cGlocklin Capital Corporation* Pewaukee, W isconsin InvestorsBank Pewaukee, W isconsin (in organization) FR - 12-27-96 NP - 12-23-% 3(a)(1) FBIC Subsidiary, Inc.* Springfield, Illinois BanCentral Corporation Champaign, Illinois Central National Bank o f Mattoon Mattoon, Illinois FR - 2-14-97 NP - 2-3-97 Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register N otice Only Comment Period ly p e Application Ending Pate 4(c)(8) Verm ilion Bancorp, Inc. D anville, Illinois To engage d£ novo in the activity o f lending funds to the ESOP and making and servicing loans. F R - 2-11-97 4(c)(8) Blackhawk Bancorp, Inc. Beloit, W isconsin Midland Acceptance Corporation R ochelle, Illinois FR - 3-3-97 4(c)(8) HPK Financial Corporation Chicago, Illinois Mortgage Service America, Inc. Lombard, Illinois FR - 3-5-97 4(c)(8) Stichting Admimistratiekantoor ABN AMRO Holding Amsterdam, The Netherlands Standard Federal Bancorporation, Inc. Troy, M ichigan Standard Federal Bank Troy, M ichigan Standard Brokerage Services, Inc Troy, M ichigan FR - 3-4-97 4(c)(8) ABN AMRO Bank N .V . Amsterdam, The Netherlands Standard Federal Bancorporation, Inc. Troy, M ichigan Standard Federal Bank Troy, M ichigan Standard Brokerage Services, Inc Troy, M ichigan FR - 3-4-97 Federal Reserve Bank o f Chicago Section III - Applications Subject to Federal Register N otice Only - cont’d Comment Period Ending Date Type Application 4(c)(8) Stichting Prioriteit ABN AMRO Holding Amsterdam, The Netherlands Standard Federal Bancorporation, Inc. Troy, M ichigan Standard Federal Bank Troy, M ichigan Standard Brokerage Services, Inc Troy, M ichigan FR - 3-4-97 4(c)(8) ABN AMRO Holding, N .V . Amsterdam, The Netherlands Standard Federal Bancorporation, Inc. Troy, M ichigan Standard Federal Bank Troy, M ichigan Standard Brokerage Services, Inc Troy, M ichigan FR - 3-4-97 4(c)(8) ABN AMRO North America, Inc., Chicago, Illinois Standard Federal Bancorporation, Inc. Troy, M ichigan Standard Federal Bank Troy, M ichigan Standard Brokerage Services, Inc Troy, M ichigan FR - 3-4-97 4(c)(8) Bando M cGlocklin Capital Corporation Pewaukee, W isconsin Bando M cGlocklin Investment Corporation Pewaukee, W isconsin Bando M cGlocklin Small Business Lending Company Pewaukee, W isconsin FR - 12-27-96 Federal Reserve Bank o f Chicago Section IV - Applications Not Subject to Federal Register or Newspaper Notice Type Application ROS-HC Anchor Bancorporation, Inc. Farmer C ity, Illinois To redeem 105 shares o f outstanding shares Federal Reserve Bank of Chicago Section V - Availability o f CRA Public Evaluations The follow ing state member banks have been examined by the Federal Reserve Bank o f Chicago for com pliance with the CRA. The 30-business day period the bank has to make the evaluation public has lapsed during the week ending February 14, 1997. If you are interested in obtaining a copy o f the evaluation document, please contact the bank(s) directly. Identification o f Ratings O- An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to m eet the credit needs o f 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 o f ascertaining and helping to m eet the credit needs o f 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 has a needs to improve its overall record o f ascertaining and helping to m eet the credit needs o f 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 substantial noncompliance 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 capabilies. BANK NAME/LOCATION EXAMINATION DATE RATINGS Citizens Bank and Trust Company 822-824 12th Street Belle Plaine, Iowa 52208-0159 (319) 444-2842 10/17/96 O F&M Bank-Waushara County 123 East Main Street Wautoma, W isconsin 54982 (414) 787-3351 10/15/96 0 Federal Reserve Bank of Chicago Section V - Availability o f CRA Public Evaluations cont’d BANK NAME/LQCATIQN EXAM INATION DATE RATINGS F&M Bank-W innebago County 124 East M ain Street P.O . B ox 501 Omro, W isconsin 54963-0501 10/15/96 s "R olling H ills Bank & Trust 1307 East 7th Street A tlantic, Iowa 50022 (7 1 2 ) 2 4 3 -2 2 4 4 1 0 /2 2 /9 6 o Federal Reserve Bank of Chicago Section VI - CRA Examinations Scheduled The following state member banks are tentatively scheduled for a CRA examination during the second quarter of 1997. Examinations may have to be rescheduled during the calendar quarter in which they are designated to begin. If an institution’s examination is scheduled 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. 39. 40. 41. 42. 43. Bank One, Champaign-Urbana Bank One, Springfield Old Kent Bank Pullman Bank and Trust Company First Bank South LaSalle Bank Illinois Bank of America Illinois The First Commercial Bank First State Bank of Maple Park North Shore Community Bank and Trust The State Bank of Geneva NAB Bank Farmers State Bank of Western Illinois First Bank North Union Bank Sandwich First Security Bank of Cary-Grove Kansas State Bank UnionBank The Farmers Bank of Mt. Pulaski The Northern Trust Company Parish Bank and Trust Company 1st Source Bank Central Bank The Farmers State Bank Community State Bank Hendricks County Bank and Trust Company The Friendship State Bank First State Bank of Porter Bank of Geneva The Fifth Third Bank of Central Indiana Peoples Bank and Trust Company The Security Trust & Savings Bank Iowa State Bank Iowa Trust & Savings Bank Cedar Valley State Bank Quad City Bank and Trust Company Security Savings Bank Clear Lake Bank and Trust Company American Trust & Savings Bank Mercantile Bank of Western Iowa Titonka Savings Bank Security Trust & Savings Bank St. Ansgar State Bank Champaign, Illinois Springfield, Illinois Elmhurst, Illinois Chicago, Illinois Dixon, Illinois Franklin Park, Illinois Chicago, Illinois Chicago, Illinois Maple Park, Illinois Wilmette, Illinois Geneva, Illinois Chicago, Illinois New Windsor, Illinois Freeport, Illinois Sandwich, Illinois Cary, Illinois Kansas, Illinois Streator, Illinois Mount Pulaski, Illinois Chicago, Illinois Momence, Illinois South Bend, Indiana Russiaville, Indiana Brookston, Indiana Avilla, Indiana Brownsburg, Indiana Friendship, Indiana Porter, Indiana Geneva, Indiana Indianapolis, Indiana Sunman, Indiana Shenandoah, Iowa Sheldon, Iowa Emmetsburg, Iowa Saint Ansgar, Iowa Bettendorf, Iowa Famhamville, Iowa Clear Lake, Iowa Dubuque, Iowa Des Moines, Iowa Titonka, Iowa Storm Lake, Iowa Saint Ansgar, Iowa Federal Reserve Bank of Chicago Section VI - CRA Examinations Scheduled cont’d 44. 45. 46. 47. 48. 49. 50. 51. 52. 53. 54. 55. 56. 57. 58. 59. 60. 61. 62. 63. 64. 65. Fort Madison Bank and Trust Co. Bank o f Lakeview M idwest Guaranty Bank Chemical Bank and Trust Company Old Kent Bank Byron Center State Bank Grayling State Bank Valley Ridge Bank Chelsea State Bank Tri-County Bank Chemical Bank M ichigan M&I Central Bank & Trust M&I First American Bank M&I Bank-South Central Farmers & Merchants Bank o f Orfordville M&I Bank o f Menomonee Falls M&I Northern Bank Baylake Bank Fortress Bank o f Westby First Banking Center-Burlington M&I Bank o f Janesville Firstar Bank W isconsin Fort M adison, Iowa Lakeview, Michigan Troy, M ichigan Midland, M ichigan Grand Rapids, Michigan Byron Center, M ichigan Grayling, M ichigan Kent City, Michigan Chelsea, M ichigan Brown C ity, Michigan Clare, M ichigan M arshfield, W isconsin Wausau, W isconsin Watertown, W isconsin Orfordville, W isconsin Menomonee Falls, W isconsin Brookfield, W isconsin Sturgeon Bay, W isconsin W estby, W isconsin Burlington, W isconsin Janesville, W isconsin M adison, W isconsin Federal R eserve Bank o f St. Louis FO R TH E W EEK EN D IN G FEBR U A R Y 14, 1997 SEC TIO N I - A PPLIC A TIO N S SUBJECT TO N EW SPA PER N O TIC E A pp lication E nd o f C om m ent Period N one. SECTIO N II - A PPLIC A TIO N S SU BJEC T TO BO TH NEW SPAPER A ND FED ER AL R EG ISTER N O TIC E A p p lication E nd o f C om m ent Period N one. SEC TIO N III - A PPLIC ATIO N S SU BJEC T TO FED ER AL R EG ISTER NO TICE A pplication E nd o f Com m ent Period N one. SEC TIO N IV - A PPLIC ATIO N S N O T SUBJECT TO FED ER A L R EG ISTER N O TIC E O R N EW SPA PER N O TIC E A p p lication N one. E nd o f C om m ent Period FEDERAL RESERVE BANK OF ST, LOUIS F O R T H E W E E K E N D IN G February 14,1997 S E C T IO N V - A V A IL A B IL IT Y O F C R A P U B L IC D IS C L O S U R E S Identification of Ratings: Outstanding record o f meeting community credit needs A n in stitu tio n in th is g ro u p h as an o u tstan d in g re c o rd o f , a n d is a le a d e r in , a s c e rta in in g a n d h elp in g to m e e t th e c r e d it n e e d s o f its e n tire d e lin e a te d c o m m u n ity , in c lu d in g lo w - a n d m o d e ra te -in c o m e n e ig h b o rh o o d s , in a m a n n e r c o n siste n t w ith its re s o u rc e s a n d c a p a b ilitie s. Satisfactory record o f meeting community credit needs A n in s titu tio n in th is g ro u p h a s a sa tisfa c to ry re c o rd o f a s c e rta in in g a n d h e lp in g to m e e t th e c re d it n ee d s o f its a t t i r e d e lin e a te d c o m m u n ity , in c lu d in g lo w - a n d m o d e ra te -in c o m e n e ig h b o rh o o d s , in a m a n n e r c o n s is te n t w ith its re s o u rc e s a n d c a p a b ilitie s. Needs to improve record o f meeting community credit needs A n in s titu tio n in th is g ro u p n e e d s to im p ro v e its o v e ra ll re c o rd o f a sc e rta in in g a n d h e lp in g to m e e t th e c r e d it n e e d s o f its e n tire d e lin e a te d c o m m u n ity , in c lu d in g lo w - a n d m o d e ra te -in c o m e n e ig h b o rh o o d s , in a m a n n e r c o n siste n t w ith its re s o u rc e s a n d c a p a b ilitie s. Substantial noncompliance in meeting community credit needs A n in s titu tio n in th is g ro u p h a s a su b sta n tia lly d e fic ie n t re c o rd o f a s c e rta in in g a n d h e lp in g to m e e t th e c r e d it n e e d s o f its e n tire d e lin e a te d c o m m u n ity , in c lu d in g lo w - a n d m o d e ra te -in c o m e n e ig h b o rh o o d s , in a m a n n e r c o n siste n t w ith its re s o u rc e s a n d c a p a b ilitie s. N a m e o fB a lik B a n k A d d re ss E x a m in a tio n E x a m in a tio n R a tin g M id -A m e ric a B a n k o f L o u isv ille & T ru s t C o m p an y L o u is v ille , K e n tu c k y 0 9 /2 6 /9 6 S a tisfa c to ry Federal R eserve Bank o f St. Louis FOR THE WEEK ENDING FEBRUARY 14,1997 SECTION VI - CRA EXAMINATIONS SCHEDULED Examinations may have to be rescheduled during the calendar quarter in which they are designated to begin. I f an institution's examination is rescheduled for a date later than the end o f the date range reflected in a published schedule, the institution's name w ill be republished in an appropriate later listing. Any comments received as a result o f either the first publication or subsequent publications w ill be considered during the exam ination. Name City State Heber Springs State Bank Heber Springs Arkansas Arkansas Bankers Bank Little Rock Arkansas Eagle Bank and Trust Company Little Rock Arkansas Pulaski Bank and Trust Company Little Rock Arkansas C itizens Bank Marion Arkansas Farmers and Merchants Bank Prairie Grove Arkansas First Bank o f Arkansas Searcy Arkansas First Illinois Bank East St. Louis Illinois The State Bank o f Jerseyville Jerseyville Illinois The State Bank o f Lima Lima Illinois First State Bank o f Red Bud Red Bud Illinois C itizens State Bank o f Petersburg Petersburg Indiana Truman Bank Clayton M issouri Bay-Hermann-Berger Bank Hermann M issouri Peoples Bank and Trust Company o f Lincoln County Troy M issouri FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to Ne w s p a p e r Notice Only A pplication Comment Period Ending Date B a y Bankcorp, Inc., Gladstone, Michigan, for prior February 25, 1997 approval to b e c o m e a bank holding c o m p a n y through the acquisition of 1 0 0 % of the voting shares of baybank, Gladstone, Michigan. FEDERAL RESERVE BANK OF MINNEAPOLIS Section II - Applications Subject to Both N e w s p a p e r and Federal Register Notice C o m m e n t Period A pplication Ending Date T C F Colorado Corporation, Englewood, Colorado M a r c h 14, 1997 for prior approval to b e c o m e a bank holding c o m p a n y (Federal Register) through the acquisition of 1 0 0 % of the voting shares of T C F National B a n k Colorado, Englewood, Colorado. * T C F National B a n k Minnesota, Minneapolis, Minnesota M a r c h 14, 1997 for prior approval to b e c o m e a bank holding c o m p a n y (Federal Register) through the acquisition of 1 0 0 % of the voting shares of each of the following: T C F National B a n k Illinois, Chicago, Illinois and T C F National B a n k Wisconsin, Milwaukee, Wisconsin.* Great Lakes National B a n k Michigan, A n n Arbor, Michigan M a r c h 14, 1997 for prior approval to b e c o m e a bank holding c o m p a n y through the acquisition of 1 0 0 % of the voting shares of (Federal Register) Great Lakes National B a n k Ohio, Hamilton, Ohio. * T C F Financial Corporation, Minneapolis, Minnesota M a r c h 14, 1997 for prior approval to b e c o m e a bank holding c o m p a n y through the acquisition of 1 0 0 % of the voting shares of each of the following: T C F National B a n k Minnesota, Minneapolis, Minnesota, T C F National B a n k Illinois, Chicago, Illinois, Great Lakes National B a n k Ohio, Hamilton, Ohio, T C F National B a n k Colorado, Englewood, Colorado, T C F National B a n k Wisconsin, Milwaukee, Wisconsin, Great Lakes National B a n k Michigan, A n n Arbor, Michigan and, T C F Colorado (Federal Register) Corporation, Englewood, Colorado. * T h e Winton Jones Revocable Trust of 1997, and Carl Jones, Christopher Jones, and Richard M c M a h o n as trustees to acquire control of 1 0 0 % of the voting preferred shares of Anch or Bancorp, Inc., Wayzata, Minnesota. * Subject to CRA N o t yet available FEDERAL RESERVE BANK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application TCF Financial Corporation, Minneapolis, Minnesota to engage in securities brokerage and investment advisory activities through the acquisition o f TCF Securities, Inc., St. Paul, Minnesota. March 14,1997 Community First Bankshares, Inc., Fargo, North Dakota to engage d e n o v o in leasing personal or real property. Not yet available FEDERAL RESERVE BANK OF MINNEAPOLIS Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application NONE. FEDERAL RESERVE BANK OF MINNEAPOLIS Section V - Availability o f CRA Public Evaluations week ending February 14,1997 ASSIGNMENT OF RATING Identification of Ratings In connection with the assessment of each insured depository institution's C R A performance, a rating is assigned from the following groups: O U T S T A N D I N G R E C O R D OF M E E T I N G C O M M U N I T Y CREDIT NEEDS. A n institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a m a nn er consistent with its resources and capabilities. SA TI SF AC TO RY R E C O R D O F M E E T I N G C O M M U N I T Y CREDIT NEEDS. A n 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 m a nn er consistent with its resources and capabilities. N E E D S T O I M P R O V E R E C O R D OF M E E T I N G C O M M U N I T Y CREDIT NEEDS. A n 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 m a nn er consistent with its resources and capabilities. S U B S T A N T I A L 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 E D I T N E E D S . A n 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 m a nn er consistent with its resources and capabilities. BANKfSI E X A M I N E D DATE OF EXAMINATION CRA RATING American State B a n k 700 East Sioux P.O. B o x 1178 N o v e m b e r 4, 1996 Outstanding Pierre, S D 57501-1178 FEDERAL RESERVE BANK OF MINNEAPOLIS Section V I - C R A Examinations Scheduled to'Begin in the Period April 1, 1997 - June 30, 1997 Examinations m a y 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 n a m e will be republished in an appropriate later listing. A n y c o m m e n t s received as a result of either the first publication or subsequent publications will be considered during the examination. Written c o m m e n t s regarding the C R A performance of these institutions should be directed to Ms. Jacquelyn Brunmeier at the Federal Reserve B a n k of Minneapolis, Banking Supervision Department, P.O. B o x 291, Minneapolis, M N 55480-0291. Bank N a m e City State Farmers State B a n k of Madelia, Inc. Pioneer B a n k Madelia Mapleton Minnesota Minnesota First State B a n k of R u s h m o r e Rushmore Minnesota Citizens State B a n k of St. James St. James Minnesota Minnesota Liberty State B a n k St. Paul Victoria State B a n k Victoria Wadena W a d e n a State B a n k W e l c o m e State B a n k Farmers State B a n k of W e s t Concord Welcome W e s t Concord Chey en ne Western B a n k Citizens B a n k & Trust C o m p a n y Ashland Big Timber Stockmens B a n k Cascade Farmers State B a n k of M o n t a n a Conrad Denton Glasgow Farmers State B a n k of Denton First Community Bank Flint Creek Valley Bank Valley Bank of Ronan Security State Bank of Edgeley First Western Bank &Trust Farmers State Bank Dacotah Bank M & I Bank o f Eagle River M & I Bank, Ashland M & I Community State Bank M & I Bank of La Crosse M & I Citizens American Bank M & I Merchants Bank M & I Bank F&M Bank - Lakeland Minnesota Minnesota Minnesota Minnesota Montana Montana Montana Montana Ronan Montana Montana Montana Montana Edgeley Minot Faith Mobridge Eagle River Ashland Eau Claire La Crosse Merrill Rhinelander Superior Woodruff North Dakota North Dakota South Dakota South Dakota Wisconsin Wisconsin Wisconsin Wisconsin Wisconsin Wisconsin Wisconsin Wisconsin Philipsburg K A N SA S C ITY R ESER V E BA NK A PPLIC A TIO N S A N D R EPO R TS R EC EIV ED During the w eek ending February 14, 1997 SEC TIO N I - A PPLIC A TIO N S SUBJECT TO N EW SPA PER N O TIC E O N LY APPLICATION COMMENT PERIOD acinicSPA TE N one. SEC TIO N II - A PPLIC A TIO N S SUBJECT TO BO TH N EW SPA PER A N D FED ER A L R EG ISTER N O TIC E COMMENT PERIOD. acinicS PA T E APPLICATION Clayton L. Green, Jr., Lawton, Oklahoma, for prior approval to acquire an additional 86.25 percent o f the voting shares o f B .O .E . Bancshares, Inc., Elgin, Oklahoma. February 2 6 , 1997 Matthew L ey, as Trustee, for prior approval to increase ownership interest from 2 .7 percent to 4 0 .9 percent o f the voting shares o f State National Bancshares, In c., W ayne, Nebraska. N ot A vailable Benedict Enslinger, Trustee; Benedict Enslinger Revocable Trust, LaCrosse, Kansas, for prior approval to increase ownership from 10.66 percent to 11.96 percent o f the voting shares o f NSB Bancshares, In c., LaC rosse, Kansas. N ot A vailable Robert S. A ppel, Roger L. R eisher, and W illiam P. Johnson, as Trustees, all o f Lakewood, Colorado, to acquire a total o f 2 6 .8 percent o f the voting shares o f FirstBank H olding Company o f Colorado, Lakewood, C olorado. N ot A vailable SEC TIO N III - A PPLIC A TIO N S SUBJECT TO FED ER AL R EG ISTER N O TIC E ONLY APPLICATION None. COMMENT PERIOD ENDING. DATE S E C T IO N IV - A P P L IC A T IO N S N O T S U B JE C T T O F E D E R A L R E G IS T E R N O T IC E O R N E W S P A P E R N O T IC E APPLICATION N one. S E C T I O N V - A V A I L A B I L I T Y O F C R A P U B L I C E V A L U A T IO N S I d e n ti f i c a t io n o f R a t i n g s In connection w ith the assessm ent o f each insured depository institution's CRA perform ance, a rating is assigned from the follow ing groups: O u t s t a n d i n g r e c o r d o f m e e tin g c o m m u n ity c r e d i t n e e d s An institution in this group has an outstanding record o f ascertaining and helping to m eet the credit needs o f its entire delineated com m unity, including low - and m oderate-incom e neighborhoods, in a manner consistent with its resources and capabilities. S a t i s f a c t o r y r e c o r d o f m e e tin g c o m m u n ity c r e d i t n e e d s An institution in this group has a satisfactory record o f ascertaining and helping to m eet the credit needs o f its entire delineated com m unity, including low - and m oderate-incom e neighborhoods, in a manner consistent w ith its resources and capabilities. N e e d s t o i m p r o v e r e c o r d o f m e e tin g c o m m u n ity c r e d i t n e e d s An institution in this group needs to improve its overall record o f ascertaining and helping to m eet the credit needs o f its entire delineated community, including low - and moderateincom e neighborhoods, in a manner consistent w ith its resources and capabilities. S u b s ta n t ia l n o n c o m p lia n c e i n m e e tin g c o m m u n ity c r e d i t n e e d s An institution in this group has a substantially deficient record o f ascertaining and helping to m eet the credit needs o f its entire delineated community, including low - and moderateincom e neighborhoods, in a manner consistent w ith its resources and capabilities. Bank/Location None. Exam Date CRA Public Date CRA Rating YL__ CRA^Examinations Scheduled for the 2nd and 3rd Quartecs-of 1997 BAKKLNAME CITY STATE Bankers’ Bank o f the W est Tri-State Bank Eaton Bank Bank o f Colorado-W estern Slope Community Bank o f Parker R io Blanco State Bank Rocky M ountain State Bank The Fidelity State Bank & Trust Bankwest Premier Bank The St. Marys State Bank Boatm en’s Bank o f Southwest MO The Heritage Bank o f St. Joseph Farmers State Bank The Farmers State Bank & Trust C itizens Bank Crete State Bank Gretna State Bank Farmers State Bank & Trust H avelock Bank The Farmers Bank o f Lincoln First United Bank State Bank C itizens State Bank Schuyler State Bank & Trust Farmers State Bank o f Superior Farmers State Bank C itizens Bank o f Ardmore The C itizens Bank o f Edmond The First Bank o f H askell Grant County Bank The M orris State Bank W eleetka State Bank Security State Bank o f Basin Oregon Trail Bank Riverton State Bank Sundance State Bank C itizens Bank & Trust C o. U nion State Bank Stockgrowers State Bank D enver Denver Eaton Grand Junction Parker Rangely Rangely D odge City Goodland Lenexa St. Marys Carthage St. Joseph Stanberry Aurora Bancroft Crete Gretna Lexington Lincoln Lincoln N eligh Palmer Polk Schuyler Superior W allace Ardmore Edmond Haskell M edford M orris W eleetka Basin Guernsey Riverton Sundance Torrington Upton Worland CO CO CO CO CO CO CO KS KS KS KS MO MO MO NE NE NE NE NE NE NE NE NE NE NE NE NE OK OK OK OK OK OK WY WY WY WY WY WY WY Exam inations may have to be rescheduled during the calendar quarter in w hich they are designated to begin. If an institution’s exam ination is rescheduled for a date later than the end o f the date range reflected in a published schedule, the institution’s name w ill be republished in an appropriate later listing. Any comments received as a result o f either the first publication or subsequent publications w ill be considered during the exam ination. ♦Application is subject to CRA. FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF FEBRUARY 10, 1997 SECTION I • APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION IM LCL-EXB None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP Change in Control Notice by Clyde Crews, as trustee, San Antonio, TX, to acquire an interest in InterContinental Bank Shares Corporation, San Antonio, TX N/A *Section 3(a)(1) application by ANB Bancshares, Inc., Gonzales, TX, to acquire ANB Nevada Group, Inc., Carson City, NV, and American National Bank, Gonzales, TX N/A *Section 3(a)(1) application by ANB Nevada Group, Inc., Carson City, NV, to acquire American National Bank, Gonzales, TX N/A Change in Control Notice by Cecil R. Simmons, trustee, San Benito, TX, to acquire an interest in First San Benito Bancshares, Inc., San Benito, TX N/A *Section 3(a)(1) application by Eagle Bancshares, Inc., Fairfield, TX, to acquire Fairfield Holdings, Inc., Fairfield, TX, and First National Bank of Fairfield, Fairfield, TX (Previously reported during the week of 1-27-97) 97/03/01 *Section 3(a)(1) application by Fairfield Holdings, Inc., Fairfield, TX, to acquire First National Bank of Fairfield, Fairfield, TX (Previously reported during the week of 1-27-97) *Section 3(a)(1) application by Krum Holdings, L.L.C., Krum, TX, to acquire Porter Holdings, Ltd., Krum, TX, and Farmers and Merchants State Bank, Krum, TX (Previously reported during the week of 1-27-97) *Section 3(a)(1) application by Porter Holdings, Ltd., Krum, TX, to acquire Farmers and Merchants State Bank, Krum, TX (Previously reported during the week of 1-27-97) 97/03/01 97/03/01 97/03/01 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 QF CRA PUBLIC EVALUATIONS FOR THE WEEK OF FEBRUARY IQ , 1997 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 First State Bank Main & Dundee P. 0. Drawer B Matador, TX 79244 367552 Date of Examination CRA Ratina 96/11/04 Satisfactory SECTION VI - CRA EXAMINATIONS SCHEDULED (2nd Qtr. 1997) 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 Community Bank Katy, Texas 789257 Silsbee State Bank Silsbee, Texas 404569 Texas State Bank McAllen, Texas 1017658 Western Bank Lordsburg, New Mexico 723653 FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 2/14/97 Section I - Applications Subject to Newspaper Notice Only Application Comment Period Endilna Date Valley Community Bank, Encino, California, to become a member of the Federal Reserve System. * Newspaper: Not available Section II - Applications Subject to Both Newspaper and Federal Register Notice U.S. Bancorp, Portland, Oregoon, to acquire Business & Professional Bank, Woodland, California. * Newspaper: Not available Fed. Rea.: 3/03/97 Section III -Applications Subject to Federal Register Only None Section IV - Applications Not Sub.iect to Federal Register Notice or Newspaper Notice (Cont’d.) Humboldt Bank, Eureka, California, to invest $2 million in the common stock of Bancorp Financial Services, Inc., Sacramento, California. * Subject to CRA. FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 2/14/97 Section V - Availability of CRA Public Evaluations The CRA public evaluations of the institution(s) below became available during this week. Information about a particular institution’s CRA evaluation may be obtained directly from the institution. Institution Location Bank of Utah 2605 Washington Blvd. PO Box 231 Ogden, Utah 84402-0231 Examination Date 10/15/96 Rating* Outstanding *Under the rating system an institution's CRA performance is assigned one of the fol1owi ng four rati ngs: 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 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 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. Week ending 2/14/97 Section VI - CRA Examinations Scheduled Pursuant to the requirements of Section 228.45 Regulation BB (Community Reinvestment Act or CRA), the following is a tentative schedule of CRA examinations planned for the second quarter of 1997. The data are being provided for your information should you wish to share comments with this Reserve Bank regarding the CRA performance of a scheduled bank's examination. 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. Written comments should be directed to W. Gordon Smith at the Federal Reserve Bank of San Francisco, Division of Banking Supervision and Regulation (MS 620), 101 Market Street, San Francisco, California 94105. Name American Pacific State Bank Bank of Lake County California United Bank First Utah Bank Garfield Bank Guardian State Bank Home Valley Bank Humboldt Bank Ireland Bank Liberty Bank Oregon Pacific Banking Company Santa Barbara Bank & Trust Silicon Valley Bank Southern California Bank Sun City Bank, The Tehaitia County Bank Utah Independent Bank Valley Bank of Arizona Verdugo Banking Company City Sherman Oaks Lakeport Encino Salt Lake City Montebello Salt Lake City Cave Junction Eureka Mai ad City South San Francisco Florence Santa Barbara San Jose Anaheim Sun City Red Bluff Salina Phoenix Glendale State Cal iform' a California California Utah California Utah Oregon California Idaho California Oregon California California California Ari zona California Utah Arizona California
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