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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1997, No. 8
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending February 22, 1997

ACTIONS TAKEN BY THE BOARD OF GOVERNORS*

TESTIMONY AND STATEMENTS
Monetary policy objectives -- statement by Chairman
Greenspan before the Senate Committee on Banking,
Housing, and Urban Affairs, February 26, 1997.
Approved, February 19, 1997.
Monetary policy report to Congress.
Approved, February 18, 1997.

BANK HOLDING COMPANIES
Canadian Imperial Bank of Commerce, Toronto, Canada
* to engage in trading in certain futures and
options through CIBC Investment Corporation, New
York, New York.
Permitted, February 18, 1997.
Toronto Dominion Bank, Toronto, Canada, and
Waterhouse Investor Services, New York, New York to acquire shares of Marketware International,
Holadel, New Jersey, and engage in data processing
activities.
Permitted, February 18, 1997.
REGULATIONS AND POLICIES




Regulation Y -- revisions to eliminate unnecessary
regulatory burden and operating restrictions, and
streamline the application and notice process
Dockets R-0935 and R-0936).
Approved, February 19, 1997.

H.2
FEBRUARY 18, 1997
PAGE 2

TO

FEBRUARY 21, 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
Atlanta

AmSouth Bank of Tennessee, Chattanooga, Tennessee -to establish a branch at 7604 Highway 70 South,
Nashville, Tennessee.
Approved, February 18, 1997.

New York

Bank of New York, New York, New York - - t o establish
a branch at 1730 Route 46, West Paterson, New
Jersey; and 500 Route 23 North, Pompton Plains, New
Jersey.
Approved, February 20, 1997.

Secretary

U.S. Bank of Utah, Salt Lake City, Utah -- to
establish branches at Orem SuperTarget, 175 West
Center Street, Orem, and Riverdale SuperTarget,
Interstate 84 and Riverdale Road, Riverdale, Utah.
Approved, February 18, 1997.

Chicago

1st Source Bank, South Bend, Indiana - - t o establish
a branch at 2900 South State Street, St. Joseph,
Michigan.
Approved, February 18, 1997.

BANK HOLDING COMPANIES




Chicago

Anchor Bancorporation, Inc., Farmers City, Illinois
relief from a commitment and redemption of shares.
Returned, February 19, 1997.

Chicago

Blackhawk Bancorp, Inc., Beloit, Wisconsin -- to
acquire Midland Acceptance Corp., Rochell,
Illinois, and engage in lending activities.
Returned, February 20, 1997.

Chicago

Brickyard Bancorp, Inc., Northbrook, Illinois -- to
acquire Sysco Financial, Inc., Lincolnbrook,
Illinois, and Brickyard Bank.
Approved, February 20, 1997.

Atlanta

Colonial BancGroup, Inc., Montgomery, Alabama - - t o
merge with Shamrock Holding, Inc., Evergreen,
Alabama, and acquire The Union Bank.
Approved, February 18, 1997.

H.2
FEBRUARY 18, 1997
PAGE 3

TO

FEBRUARY 21, 1997

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

BANK HOLDING COHPANIES




Minneapolis

Community First Bankshares, Inc., Fargo, North Dakota
-- to engage in general insurance agency activities
through Lakefield Agency, Inc., Lakefield,
Minnesota.
Approved, February 18, 1997.

S t . Louis

F6H Bancorp, Inc., Herrin, Illinois -- to acquire
Bank of Herrin; and Carterville State & Savings
Bank, Carterville, Illinois.
Approved, February 21, 1997.

Chicago

First Financial Bancorporation, Iowa City, Iowa -- to
acquire West Branch Bancorp, Inc., West Branch,
Iowa, and West Branch State Bank.
Approved, February 20, 1997.

Director, BS&R

First State Bancshares of Blakely, Inc., Blakely,
Georgia -- request for relief from a commitment
made in connection with application to acquire
First Southwest Bancorp, Inc., Donaldsonville,
Georgia.
Granted, February 19, 1997.

Kansas City

Intra Financial Corp., Clyde, Kansas -- to acquire
Farmers State Bancshares of Sabetha, Inc. Sabetha,
Kansas.
Approved, February 19, 1997.

S t . Louis

Liberty Bancshares, Inc., Alton, Illinois -- to
acquire Liberty Bank.
Permitted, February 21, 1997.

San Francisco

Microsoft Corporation, Redmond, Washington -- request
for deregistration pursuant to Regulation G.
Granted, February 20, 1997.

Richmond

NationsBank Corporation, Charlotte, North Carolina -to acquire First Federal Savings Bank of Brunswick,
Georgia, Brunswick, Georgia.
Permitted, February 19, 1997.

H. 2
FEBRUARY 18, 1997
PAGE 4

TO

FEBRUARY 21, 1997

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

BANK HOLDING COMPANIES
St. Louis

NCF Financial Corporation, Bardstown, Kentucky - - t o
become a bank holding company upon conversion of
its subsidiary, Nelson County Federal Savings Bank
to a state-chartered nonmember bank to be named NCF
Bank and Trust.
Approved, February 19, 1997.

Minneapolis

River Falls Bancshares, Inc., River Falls, Wisconsin
-- to acquire River Falls State Bank.
Approved, February 19, 1997.

BANK MERGERS
Kansas City

Adams Bank and Trust, Ogallala, Nebraska -- to merge
with First State Bank, Lodgepole, Nebraska.
Approved, February 19, 1997.

CHANGE IN BANK CONTROL
Kansas City

Oklahoma State Bancorporation, Inc., Ada, Oklahoma -change in bank control.
Permitted, February 19, 1997.

COMPETITIVE FACTORS REPORTS




Philadelphia

Absecon Interim National Bank, Absecon, New Jersey,
proposed merger with The First National Bank of
Absecon -- report on competitive factors.
Submitted, February 20, 1997.

Secretary

Bank of America Illinois, Chicago, Illinois, proposed
merger with Bank of America National Trust &
Savings Association, San Francisco, California -report on competitive factors.
Submitted, February 21, 1997.

San Francisco

Bank of Newport, Newport, Oregon, proposed merger
with Valley Commercial Bank -- report on
competitive factors.
Submitted, February 20, 1997.

H.2
FEBRUARY 18, 1997
PAGE 5

TO

FEBRUARY 21, 1997

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

COMPETITIVE FACTORS REPORTS




Philadelphia

Boatmen's Credit Card Bank, Albuquerque, New Mexico,
proposed merger with NationsBank of Delaware
National Association, Dover, Delaware -- report on
competitive factors.
Submitted, February 20, 1997.

Atlanta

Farmers and Merchants Bank, Clarksville, Tennessee,
proposed purchase of certain assets and assumption
of certain liabilities of the Lebanon, branch of
Trans Financial Bank Tennessee, N.A., Cookeville,
Tennessee, and to establish one branch -- report on
competitive factors.
Submitted, February 19, 1997.

Richmond

First National Bank of Altavista, Altavista,
Virginia, proposed merger with Pinnacle Bank,
National Association (Interim) -- report on
competitive factors.
Submitted, February 21, 1997.

Dallas

First National Bank of Temple, Temple, Texas,
proposed merger with New Temple Bank -- report on
competitive factors.
Submitted, February 20, 1997.

Philadelphia

First National Interim Bank, Dunmore, Pennsylvania,
proposed merger with First National Community Bank
-- report on competitive factors.
Submitted, February 20, 1997.

Atlanta

First Union National Bank of Georgia, Atlanta,
Georgia, proposed merger with First Union Interim
National Bank of Georgia, and thereby acquire the
assets and assumption of the liabilities of First
Union Direct Bank, N.A., Augusta, Georgia -- report
on competitive factors.
Submitted, February 21, 1997.

Atlanta

Harbor Florida Bancorp, Inc., Fort Pierce, Florida -proposed acquisition of the assets and assumption
of the liabilities of Harbor Federal Savings Bank - report on competitive factors.
Submitted, February 18, 1997.

H.2
FEBRUARY 18, 1997
PAGE 6

TO

FEBRUARY 21, 1997

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

COMPETITIVE FACTORS REPORTS




Richmond

Leeds Federal Savings Bank, Baltimore, Maryland,
proposed merger with Leeds Interim Savings Bank
report on competitive factors.
Submitted, February 18, 1997.

Minneapolis

New United Prairie Bank-Slayton, Slayton, Minnesota,
proposed merger with United Prairie Bank-Slayton -report on competitive factors.
Submitted, February 19, 1997.

Dallas

Norwest Bank Texas, South, National Association, San
Antonio, Texas, proposed merger with Norwest Bank
Texas, Alice, Texas, Alice; Norwest Bank Texas,
Premont, Premont; and Norwest Bank Texas, Robstown,
National Association, Robstown, Texas -- report on
competitive factors.
Submitted, February 20, 1997.

Chicago

Park Ridge Community Bank, Park Ridge, Illinois,
proposed merger with The Bank of Park Ridge-Interim
Bank -- report on competitive factors.
Submitted, February 20, 1997.

Chicago

Pinnacle Bank, Cicero, Illinois, proposed merger with
Pinnacle Bank, F.S.B., Batavia, Illinois -- report
on competitive factors.
Submitted, February 20, 1997.

Philadelphia

Prudential Savings Association, Philadelphia,
Pennsylvania, proposed purchase of the assets and
assumption of the liabilities of two branches of
Roxborough Federal Savings Bank -- report on
competitive factors.
Submitted, February 20, 1997.

Philadelphia

St. Edmonds Federal Savings Bank, Philadelphia,
Pennsylvania, proposed merger with Home Building
Society Bank -- report on competitive factors.
Submitted, February 20, 1997.

H.2
FEBRUARY 18, 1997
PAGE 7

TO

FEBRUARY 21, 1997

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

COMPETITIVE FACTORS REPORTS
Minneapolis

Security Bank of Hebron, Hebron, North Dakota,
proposed merger with Dakota Community Bank,
Dickinson, North Dakota -- report on competitive
factors.
Submitted, February 21, 1997.

Atlanta

SouthTrust Bank of Florida, St. Petersburg, Florida,
proposed acquisition of the assets and assumption
of the liabilities of Charter Bank, Delray Beach,
Florida -- report on competitive factors.
Submitted, February 21, 1997.

Boston

USTrust, Boston, Massachusetts, proposed merger with
The Co-operative Bank of Concord; and The Braintree
Savings Bank, Braintree, Massachusetts -- report on
competitive factors.
Submitted, February 20, 1997.

EXTENSIONS OF TIME




Chicago

F & M Bancorporation, Inc., Kaukauna, Wisconsin -extension to May 22, 1997, to acquire Gre^n County
Bank, Brodhead, Wisconsin.
Granted, February 19, 1997.

Atlanta

First Commerce Corporation, New Orleans, Louisiana -extension to May 29, 1997, to engage in community
development investment activities through 150
Baronne Street Limited Partnership.
Granted, February 20, 1997.

S t . Louis

Louisville Development Bancorp, Inc., Louisville,
Kentucky -- extension to July 31, 1997, to engage
de novo in community development activities through
Louisville Real Estate Development Company.
Granted, February 19, 1997.

H.2
FEBRUARY 18, 1997
PAGE 8

TO

FEBRUARY 21, 1997

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

INTERNATIONAL OPERATIONS




Director, BS&R

J.P. Morgan & Co., Incorporated, New York, New York
- request for waiver of the 45-day prior notice
period to aake an investment in Consorcio de
Alimentos Fabril Pacifico S.A., Lima, Peru.
Granted, February 21, 1997.

H.2
FEBRUARY 18, 1997
PAGE 9

ADDITIONS AND CORRECTIONS
TO

FEBRUARY 21, 1997

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

BANK HOLDING COMPANIES
Chicago

Community Grain Co., Coon Rapids, Iowa - - t o engage
in management consulting to depository institutions
through Banc Service Corp., Mason City, Iowa.
Permitted, February 14, 1997.

Chicago

First Citizens Financial Corp., Mason City, Iowa-- to
engage in management consulting to depository
institutions through Banc Services Corp.
Permitted, February 14, 1997.

COMPETITIVE FACTORS REPORTS




Philadelphia

SunBank, Selinsgrove, Pennsylvania, proposed
acquisition of Bucktail Bank and Trust Company,
Emporium, Pennsylvania -- report on competitive
factors.
Submitted, January 27, 1997.

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

Application

NONE

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

Application

Comment Period Ending Date
NONE

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Application

Comment Period Ending Date
NONE

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

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Institution

Examination Date

Rating**

NONE

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




"N" - Needs to

FEDERAL RESERVE BANK OF NEW YORK
C o m m e n t P e rio d
E n d i n g D a te
S E C T IO N I
A p p lic a tio n s S u b je c t to N e w s p a p e r
N o tic e O n ly _______

None.
S E C T IO N I I
A p p lic a tio n s S u b je c t to B o th
N e w s p a p e r a n d F e d e r a l R e g is te r N o tic e

None.
S E C T IO N I I I
N o n b a n k in g A p p lic a tio n s
( s u b je c t to F e d e r a l R e g is te r N o tic e O n ly t

Lloyds TSB Group pic, London, England, and Lloyds Bank pic,
London, England, to retain indirectly all the voting shares o f IAI
Holdings, Inc., M inneapolis, M innesota ("Holdings") and its
subsidiaries, and thereby engage in the follow ing nonbanking
activities: (i) providing administrative and investm ent advisory
services to mutual funds that have no principal underwriter; (ii)
providing foreign exchange execution and advisory services to
institutional customers; (iii) performing functions or activities that
may be performed by a trust company; (iv) acting as investm ent or
financial adviser; (v) securities brokerage services; and, (vi) providing
investment advice on financial futures and options on futures.
S E C T I O N IV
A p p lic a tio n s N o t I n v o lv in g
P u b lic C o m m e n t

Notification by Bankers Trust N ew York Corporation, N ew York,
N ew York, to make an additional investm ent in a foreign subsidiary.
S E C T IO N V
A v a ila b ility o f C R A P u b lic E v a lu a tio n s

In connection with 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 community, including low - and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.




N /A

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
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 noncompliance 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 community, including low - and moderate- incom e
neighborhoods, in a manner consistent with its resources and capabilities.
W e e k E n d i n g F e b r u a r y 2 2 .1 9 9 7
NAM E O F BANK

R A T IN G

E X A M I N A T IO N P A T E

IB J Schroder Bank
and Trust Company
One State Street
N ew York, N ew York 10004

Outstanding

September 16,1996

1 / Subject to provisions o f Community Reinvestm ent Act.
2 / Later o f dates specified in newspaper and Federal Register notices.
3/ 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 Available




FEDERAL RESERVE BANK OF PHILADELPHIA

S E C T IO N I - A P P L IC A T IO N S R E C E IV E D A N D S U B JE C T T O N E W S P A P E R
N O T IC E O N L Y
NONE
S E C T IO N I I - A P P L IC A T IO N S R E C E IV E D A N D S U B JE C T T O B O T H N E W S P A P E R
A N D F E D E R A L R E G IS T E R N O T IC E

K eystone Financial Inc.. Harrisburg, PA to acquire 100 percent o f Financial Trust Corp,
C arlisle,
PA , pursuant to Section 3(a)(5) o f the Bank Holding Company A ct.
Newspaper comment period expires:
Federal Register comment period expires:

3/02/97
3/03/97

Patriot Bank C orp.. Pottstown, PA to becom e a bank holding company through the
acquisition o f 100 percent voting shares o f Patriot Bank, Pottstown, PA, pursuant to Section
3(a)(1) o f the Bank Holding Company Act.
Newspaper comment period expires:
Federal Register comment period expires:

3/17/97
N /A vail

S E C T IO N I I I - A P P L IC A T IO N S R E C E IV E D A N D 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 N L Y
NONE
S E C T I O N IV - A P P L I C A T I O N S R E C E I V E D A N D N O T S U B J E 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
NONE

FEDERAL RESERVE BANK OF PHILADELPHIA

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

The follow ing institutions were exam ined for CRA. The 30-business day period the bank has
to make the evaluation public has lapsed during the w eek ending February 21, 1997.
I d e n tif ic a tio n o f R a tin g s

In connection with 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 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
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
S a tis f a c to 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 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.
N e e d s t o im 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 moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
S u b s ta n tia l n o n c o m p lia n c e in 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
meet the credit needs o f its entire delineated community, including low - and m oderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
B a n k /L o c a tio n

E x a m in a tio n D a te

C R A R a tin g

NONE

NONE

NONE




A P P L IC A T IO N S B U L L E T IN

(For th e w eek ending February 2 2 ,1 9 9 7 )

S E C T IO N I - A P P L IC A T IO N S S U B JE C T T O N E W S P A P E R N O T IC E O N L Y

NONE
S E C T IO N n - A P P L IC A T IO N S S U B JE C T T O B O T H N E W S P A P E R A N D F E D E R A L
R E G IS T E R N O T IC E

Received application from Commercial Bancshares Savings
and Em ployee Stock Ownership Plan, W est Liberty,
Kentucky, on February 21, 1997, to acquire 32.0 0 percent
o f the outstanding voting shares o f Commercial Bancshares,
Inc., W est Liberty, Kentucky (a holding company in form ation),
pursuant to Section 3(a)(1) o f the Bank Holding Company A ct.
Received application from CB Bancorp, In c., Higginsport,
Ohio, on February 21, 1997, to acquire The Citizens Bank,
Higginsport, Ohio, purusant to Section 3(a)(1) o f the Bank
Holding Company A ct.
S E C T IO N m

* N: March 17, 1997

* Not Yet Known §

- A P P L IC A T IO N S 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 N L Y

NONE
S E C T I O N IV - A P P L I C A T I O N S N O T S U B J E C T T O F E D E R A L R E G I S T E R N O T I C E
O R N E W S P A P E R N O T IC 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 O F CRA PUBLIC EV ALU A TIO N S
(February 21, 1997)

The follow ing 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 21, 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 o f, and is a leader in,
ascertaining and helping to meet the credit needs o f its entire delineated com m unity, including
low - and moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
SATISFACTO RY: a bank 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
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
N E E D S TO IM PROVE: 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 com m unity, 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.
NONE




Federal Reserve Bank of Richmond

S e c tio n

I

- A p p lic a tio n s

S u b ject

t o N e w sp ap er

N o t ic e O n ly

Ap p l i c a t i o n

Comment P e r i o d E n d in g D a t e

Woodsboro B a n c s h a r e s ,
M a r y la n d ,

In c .,

Woodsboro,

t o become a b a n k h o l d i n g

company t h r o u g h t h e a c q u i s i t i o n
of

the v o tin g

Woodsboro,

100%

s h a r e s o f Woodsboro Bank,

M aryla n d .*

South ern F i n a n c i a l
V irg in ia ,

of

to

2 -2 7 -9 7

Bank,

e s ta b lish

4 021 U n i v e r s i t y D r i v e ,

W a rren to n ,

a branch a t
F a ir fa x ,

V ir g in ia .*

3 -10 -97

C e n t u r a Bank,
C a ro lin a ,
in sid e

to

R o c k y Mount,
e s ta b lish

t h e K -M art a t

Pa rkw ay,

a branch

5601 U n i v e r s i t y

W in sto n -Salem ,

G u a r a n t y Bank,
V irg in ia

N orth

N orth C a r o l i n a . *

3-12-9 7

C h a rlo tte sv ille ,

(the p ro p o sed s u c c e s s o r t o

G uaran ty S a v in g s

& L oa n,

m embership i n t h e

F.A.),

for

F ed eral R eserve

S yste m .*

3 -19 -9 7

G u a r a n t y Bank,
V irg in ia ,

C h a rlo tte sv ille ,

an o r g a n i z i n g b a n k ,

merge w i t h G u a r a n t y S a v i n g s
F.A.,

C h a rlo tte sv ille ,

to

& Loan,

V ir g in ia .*

S e ctio n

II

- A p p lic a tio n s

3 -19 -9 7

S u b ject

t o B oth

N ew spap er and F e d e r a l R e g i s t e r N o t i c e

G uaran ty F i n a n c i a l
C h a rlo tte sv ille ,

C o rp oratio n ,

V irgin ia ,

t o become

a bank h o l d i n g company t h r o u g h t h e
a cq u isitio n

of

100% o f

the v o tin g

s h a r e s o f G u a r a n t y Bank,
v ille ,

V irg in ia

t o G u aran ty S a v in g s

♦ A p p lica tio n i s




C h a rlo tte s­

(the proposed s u c c e s s o r
& Loan,

su b je ct

F.A.).*

t o CRA r e q u i r e m e n t s .

3 -19 -9 7

Federal Reserve Bank of Richmond

S ectio n

III

- A p p lic a tio n s

A p p lic a tio n

S u b jec t

to

Federal R e g is te r N o tice

Comment P e r i o d E n d in g D a t e

None.

S e ctio n

IV - A p p l i c a t i o n N o t S u b j e c t

to

F e d e r a l R e g i s t e r N o t i c e o r N e w sp ap er N o t i c e

A p p lic a tio n

None.




Federal Reserve Bank of Richmond

S ectio n V - A v a ila b i l i t y

o f CRA P u b l i c E v a l u a t i o n s

Week e n d i n g F e b r u a r y 2 1 ,

D e fin itio n

o f R atin gs

O u t s t a n d i n g r e c o r d o f m e e t i n g com m unity c r e d i t
An i n s t i t u t i o n

in

th is

comm unity,

in c lu d in g

w ith

S a tisfa c to ry

its

its

N eeds t o

c r e d i t needs o f

in

th is

lo w -

ta in in g

in

group has a s a t i s f a c t o r y

c r e d i t needs o f

th is

its

group needs

t o meet t h e

in clu d in g

c o n s is te n t w ith

its

e n tire

record o f a s c e r ta in in g
d e lin e a te d

in

low -

to

c r e d it

im p r o v e i t s
needs o f

needs.
o vera ll

its

its

low -

en tire

record o f a s c e r ­
d e lin e a te d

and m o d e r a t e - i n c o m e n e i g h b o r h o o d s ,

resources

th is

t a i n i n g and h e l p i n g
in c lu d in g

and

com m unity,

i n a manner c o n s i s t e n t

i n a manner

and c a p a b i l i t i e s .

S u b s t a n t i a l n o n c o m p l i a n c e i n m e e t i n g comm unity c r e d i t
An i n s t i t u t i o n

d e lin e a te d

i n a manner c o n ­

and c a p a b i l i t i e s .

and h e l p i n g

comm unity,

group has a s u b s t a n t i a l l y

t o m eet t h e

c r e d i t needs o f

needs.

d e ficie n t
its

an d m o d e r a t e - i n c o m e n e i g h b o r h o o d s ,

en tire

record o f a s c e r ­
d e lin e a te d

comm unity,

i n a manner c o n s i s t e n t w i t h

r e s o u r c e s an d c a p a b i l i t i e s .

Exam in ation
____ _______

R atin g

Bank o f t h e Commonwealth
403 Boush S t r e e t
N o rfo lk ,

F irst

V irgin ia

2 3510 -120 0

11-18 -9 6

S a tisfa c to ry

11-18 -9 6

S a tisfa c to ry

11-18 -9 6

S a tisfa c to ry

Bank

1 1 2 West K in g S t r e e t
S trasbu rg,

V irgin ia

226 57-14 30

R e s o u r c e Bank
3720 V i r g i n i a
V irgin ia

Beach B o u le va rd

Beach,




in ,

needs.

im p r o v e r e c o r d o f m e e t i n g comm unity c r e d i t

An i n s t i t u t i o n

e n tire

a le a d e r

and c a p a b i l i t i e s .

an d m o d e r a t e - i n c o m e n e i g h b o r h o o d s ,

resources

its

an d i s

and m o d e r a t e - i n c o m e n e i g h b o r h o o d s ,

resources

t o m eet t h e

in clu d in g
w ith

t o m eet t h e

lo w -

r e c o r d o f m e e t i n g com m unity c r e d i t

An i n s t i t u t i o n
h e lp in g

needs.

g r o u p h a s an o u t s t a n d i n g r e c o r d o f ,

a s c e r t a i n i n g an d h e l p i n g

siste n t

1997

V irgin ia

23452-3414

Federal Reserve Bank o f Atlanta
Applications Bulletin for Week Ending February 21. 1997

Section 1 - Applications Subject to Newspaper N otice Only

Application

Comment Period Ending Date

Pointe Bank
N ot yet available*
Pembroke Pines, Florida
To m erge w ith Pointe Federal Savings Bank, Boca Raton, Florida, pursuant to Section 18(c) o f
the Federal R eserve A ct.

Section 2 - Applications Subject to Both

Newspaper and Federal Register Notice
Application

Comment Period Ending Date

Coastal Commerce Bancshares, Inc.
N ot yet available*
Kaplan, Louisiana
Change in control notification by Octave Henry D eshotels, Jr., to increase his ownership from
9 .7 percent to 12.6 percent through a reverse stock split.

Section 3 - Applications Subject to Federal Register Only
Application

Comment Period Ending Date

N one.

Section 4 - Applications N ot Subject to
Federal Register N otice or Newspaper N otice
Application
Pointe Bank
Pembroke Pines, Florida
To acquire certain assets and assume certain liabilities o f Pointe Federal Savings Bank, Boca
Raton, Florida, pursuant to Section 5(d)(3) o f the Federal D eposit Insurance A ct, as amended by
the Federal D eposit Insurance Corporation Improvement A ct o f 1991.

*Subject to the provisions of the Community Reinvestment Act.



Federal Reserve Bank o f Atlanta
Applications Bulletin for Week Ending February 21. 1997

Section 4 - Applications N ot Subject to
Federal R egister N otice or Newspaper N otice
Application
First State Baneshares, Inc.
Blakely, Georgia
Commitment waiver request.
Pioneer Bankcorp, Inc.
C lew iston, Florida
To increase its investm ent in community developm ent activities designed primarily to prom ote
community w elfare, pursuant to Section 225.25(b)(6) o f Regulation Y and Section 4(c)(8) o f the
Bank Holding Company A ct.
D eposit Guaranty Corporation
Jackson, M ississippi
Request for waiver o f the application requirement o f Section 3(a)(5) o f the Bank Holding
Company Act for D eposit Guaranty Louisiana C orp., Shreveport, Louisiana, to m erge w ith First
Capital Bancorp, In c., M onroe, Louisiana, and thereby directly acquire Capital Bank, M onroe,
Louisiana.




Federal Reserve Bank o f Atlanta
Applications Bulletin for Week Ending February 21. 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 w eek. Information about an institution's CRA evaluation may be obtained directly
from the institution. In connection with the assessm ent o f an institution's CRA perform ance, a
rating is assigned from the follow ing groups:
O utstanding record o f m eeting com m unity credit needs: An institution has an outstanding
record o f, 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 com m unity credit needs: An institution 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.
N eeds 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 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.
Substantial noncom pliance in m eeting com m unity credit needs: An institution 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 moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.

Bank
N one.




CRA R ating

E xam ination D ate

Federal Reserve Bank o f Atlanta
Applications Bulletin for Week Ending February 21. 1997

R ecently Approved Applications

Approval Date

The Colonial BancGroup, Inc.
02-18-97
M ontgom ery, Alabama
To m erge with Shamrock H olding, Inc., Evergreen, Alabama, and thereby directly acquire its
subsidiary, The Union Bank, Evergreen, Alabama, pursuant to Section 3(a)(5) o f the Bank
Holding Company Act.
First State Bancshares, Inc.
Blakely, Georgia
Commitment waiver request.

02-18-97

Amsouth Bank o f Tennessee
02-18-97
Chattanooga, Tennessee
To establish a branch office located at 7604 Highway 70 South, N ashville, Tennessee.
Tri-City Bank & Trust Company
02-20-97
Blountville, Tennessee
To acquire certain assets and assume the deposits o f the Kingsport, Tennessee branch o f Greene
County Bank, G reeneville, Tennessee, located in the W al-Mart Supercenter #599 at 3200 Fort
Henry D rive, pursuant to Section 18(c) o f the Bank Holding Company Act.




Federal Reserve Bank o f Chicago
Section I -Applications Subject to Newspaper
N otice Only

Type

A pplication

3(a)(1) N otice

Community Bank Corp.
Park Ridge, Illinois
Park Ridge Community Bank
Park Ridge, Illinois

NP - Newspaper
FR - Federal Register
* - Subject to Provisions o f Community Reinvestment Act
** - N ot available at this tim e




Comment
Period
Ending Date
NP - 3-8-97

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

Type

Application

COC-HC

Antioch Holding Company
Antioch, Illinois
By Randolph S. M iles

FR - 2-20-97
NP - **

3(a)(1)

AliKat Investments, Inc.*
Gurnee, Illinois
NorthSide Community Bank
Gurnee, Illinois (in organization)

F R - 3-3-97
NP - 2-28-97

3(a)(3)

Blackhawk Bancorp, Inc.’'
1
Beloit, W isconsin
Rochelle Bancorp, Inc.
Rochelle, Illinois
Rochelle Savings Bank, S.B.
Rochelle, Illinois

FR - 3-3-97
NP - 3-1-97

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*
Marshfield, W isconsin
Pioneer Bancorp, Inc.
Aubumdale, W isconsin
Pioneer State Bank
Aubumdale, W isconsin

F R -2-28-97
N P - 2-24-97




Federal Reserve Bank o f Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register N otice cont’d

Ia2§

Application

3(a)(3)

Coal City Corporation*
Chicago, Illinois
U.S. Bancorp
Lansing, Illinois
U.S. Bank
Lansing, Illinois

3(a)(3)

Manufacturers National Corporation*
Chicago, Illinois
U.S. Bancorp, Inc.
Lansing, Illinois
U.S. Bank
Lansing, Illinois

Comment
Period
Ending Date
F R - 3-21-97
N P -* *

F R - 3-21-97

N p . **

3(a)(1)

Pioneer Bancorp, Inc.*
Aubumdale, W isconsin
Pioneer State Bank
Aubumdale, W isconsin

F R - 2-28-97
NP - 2-24-97

3(a)(1)

Brickyard Bancorp, Inc.*
Northbrook, Illinois
Sysco Financial, Inc.
Lincolnwood, Illinois
Brickyard Bank
Lincolnwood, Illinois

F R - 2-14-97
N P - 2-18-97

3(a)(1)

First Equity Corp.*
Skokie, Illinois
1st Equity Bank
Skokie, Illinois (in organization)

FR - 2-27-97
NP - 3-10-97




Federal Reserve Bank o f Chicago
Section III -Applications Subject to Federal Register

Notice Only

Comment
Period
Ending Date

Type

Application

4(c)(8)

Blackhawk Bancorp, Inc.
Beloit, W isconsin
Midland Acceptance Corporation
Rochelle, Illinois

F R - 3-3-97

4(c)(8)

HPK Financial Corporation
Chicago, Illinois
Mortgage Service America, Inc.
Lombard, Illinois

F R - 3-5-97

4(c)(8)

Stichting Admimistratiekantoor ABN AMRO Holding
Amsterdam, The Netherlands
Standard Federal Bancorporation, Inc.
Troy, Michigan
Standard Federal Bank
Troy, Michigan
Standard Brokerage Services, Inc.
Troy, Michigan

F R - 3-4-97

4(c)(8)

ABN AMRO Bank N.V.
Amsterdam, The Netherlands
Standard Federal Bancorporation, Inc.
Troy, Michigan
Standard Federal Bank
Troy, Michigan
Standard Brokerage Services, Inc.
Troy, Michigan

F R - 3-4-97




Federal Reserve Bank o f Chicago
Section III -Applications Subject to Federal Register
Notice 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, Michigan
Standard Federal Bank
Troy, Michigan
Standard Brokerage Services, Inc.
Troy, Michigan

F R - 3-4-97

4(c)(8)

ABN AMRO Holding, N .V .
Amsterdam, The Netherlands
Standard Federal Bancorporation, Inc.
Troy, Michigan
Standard Federal Bank
Troy, Michigan
Standard Brokerage Services, Inc.
Troy, Michigan

F R - 3-4-97

4(c)(8)

ABN AMRO North America, Inc.,
Chicago, Illinois
Standard Federal Bancorporation, Inc.
Troy, Michigan
Standard Federal Bank
Troy, Michigan
Standard Brokerage Services, Inc.
Troy, Michigan

F R - 3-4-97

4(c)(8)

Pinnacle Financial Services, Inc.
St. Joseph, Michigan
IFB Investment Services, Inc.
Valparaiso, Indiana

F R -3-12-97




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)

Pinnacle Financial Services, Inc.
St. Joseph, Michigan
Indfed Mortgage Company
Valparaiso, Indiana

FR - 3-12-97

4(c)(8)

Pinnacle Financial Services, Inc.
St. Joseph, Michigan
Indiana Federal Corporation
Valparaiso, Indiana
Indiana Federal Bank
Valparaiso, Indiana

F R - 3-12-97

4(c)(8)

Pinnacle Financial Services, Inc.
St. Joseph, Michigan
Forrest Holdings, Inc.
Lisle, Illinois

FR - 3-12-97

4(c)(8)

Stichting Admimistratiekantoor ABN AMRO Holding
Amsterdam, The Netherlands
Citicorp Futures Corporation and Citifutures Limited
London, England
Citicorp Futures Limited
Singapore

FR-**

4(c)(8)

ABN AMRO Bank N.V.
Amsterdam, The Netherlands
Citicorp Futures Corporation and Citifutures Limited
London, England
Citicorp Futures Limited
Singapore

FR-**




Federal Reserve Bank o f Chicago
Section III -Applications Subject to Federal Register
Notice Only - cont’d

Comment
Period
Ending Date

Type

Application

4(c)(8)

Stichting Prioriteit ABN AMRO Holding
Amsterdam, The Netherlands
Citicorp Futures Corporation and Citifutures Limited
London, England
Citicorp Futures Limited
Singapore

FR-**

4(c)(8)

ABN AMRO Holding, N.V.
Amsterdam, The Netherlands
Citicorp Futures Corporation and Citifutures Limited
London, England
Citicorp Futures Limited
Singapore

FR-**

4(c)(8)

Shoreline Financial Corporation
Benton Harbor, Michigan
SJS Bancorp, Inc.
St. Joseph, Michigan
SJS Federal Savings Bank
St. Joseph, Michigan

FR-**




Federal Reserve Bank o f Chicago
Section IV - Applications Not Subject to Federal Register or Newspaper N otice

Type

Application

ROS-HC

Anchor Bancorporation, Inc.
Farmer City, Illinois
To redeem 105 shares o f outstanding shares




Federal Reserve Bank o f Chicago
Section V - Availability o f CRA Public Evaluations

The following 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 21,1997. 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 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.

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 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 substantial noncompliance 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 capabilies.
BANK NAME/LOCATION

EXAMINATION DATE

F&M Bank - Hilbert
69 South 8th Street
Hilbert, W isconsin 54129
(414) 853-3551

10/28/96

S

M idwest Bank o f McHenry County
17622 Depot Street
Union, Illinois 60180
10/23/96
(815) 923-4585

S




RATING

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING FEBRUARY 2 1 ,1 9 9 7
S E C T IO N I - A P P L IC A T IO N S S U B JE C T T O N E W S P A P E R N O T I C E
A p p lic a tio n

End o f Com m ent Period

* Section 9 application by Teutopolis State
Bank, Teutopolis, Illinois, to establish a
branch at 202 South Main Street, Sigel,
Illinois.

2-15-97

* Section 18(c) application by First Bank
o f Arkansas, Jonesboro, Arkansas, to merge
with First Bank o f Arkansas, W ynne,
Arkansas.

3-25-97

S E C T IO N n - A P P L IC A T IO N S S U B J E C T T O B O T H
N E W S P A P E R A N D F E D E R A L R E G IS T E R N O T IC E
A p p lic a tio n

E n d o f C o m m e n t P e rio d

* Section 3(a)(3) application by Community
Financial Corp., Olney, Illinois, to acquire
American Bancshares, Inc., Highland, Illinois.

Newspaper: 3-19-97

* Section 3(a)(1) application by Illinois
Community Bancorp, Inc., Effingham, Illinois,
to acquire Illinois Community Bank, Effingham,
Illinois, by converting its thrift subsidiary,
Illinois Guarantee Savings Bank, FSB,
Effingham, Illinois, into a commercial bank.

Newspaper: 3-22-97

S E C T IO N I I I - A P P L IC A T IO N S S U B J E C T T O F E D E R A L R E G I S T E R N O T IC E
A p p lic a tio n

E n d o f C o m m e n t P e rio d

Section 4(c)(8) notification by Illinois Community
Bancorp, Inc., Effingham, Illinois, to continue to
engage in leasing by retaining its subsidiary,
Illinois Leasing Corporation, Inc., Effingham,
Illinois, follow ing the thrift holding company’s
conversion into a bank holding company.

N /A

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 I S T E R N O T IC E
O R N E W S P A P E R N O T IC E
A p p lic a tio n

None.*
* This application/notification is subject to CRA.



E n d o f C o m m e n t P e rio d

FEDERAL RESERVE BANK OF ST. LOUIS
FOR THE WEEK ENDING February 21,1997
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

I d e n tif ic a tio n o f R a tin g s :
O u tsta n d in 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 it n e e d s

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 m oderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
S a tis fa c to 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 it n e e d s

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.
N e e d s to im 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 it n e e d s

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 m oderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
S u b s ta n tia l n o n c o m p lia n c e in m e e tin g c o m m u n ity c r e d it n e e d s

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.
Nam e o f Bank

Bank A ddress




Jacksonville, Illinois

E xam ination

D ate
Elliott State Bank

Exam ination

R ating

10/28/96

Satisfactory

FEDERAL RESERVE B A N K OF MINNEAPOLIS
Section I - Applications Subject to
Newspaper Notice Only
Comment Period
Ending Date

Application
NONE.
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section II - Applications Subject to Both
Newspaper and Federal Register Notice

Comment Period
Ending Date

Application
The Winton Jones Revocable Trust of 1997, and Carl Jones,
Christopher Jones, and Richard McMahon as trustees to acquire
control of 100% of the voting preferred shares of Anchor Bancorp, Inc.,
Wayzata, Minnesota.

March 10,1997
(Federal Register)

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

Application
Community First Bankshares, Inc., Fargo, North Dakota
to engage d e novo in leasing personal or real property.
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Norwest Corporation, Minneapolis, Minnesota to engage in
residential mortgage lending through the acquisition of
UDC Mortgage, Tempe, Arizona, a joint venture with UDC
Homes, Inc., Tempe, Arizona.




March 10,1997

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending February 21,1997

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.
BANKtS'l EXAMINED
NONE.




DATE OF EXAMINATION

CRA RATING

KANSAS CITY RESERVE BANK APPLICATIONS AND REPO RTS RECEIVED
During the week ending February 21, 1997
SECTION I - APPLICATIONS SUBJECT TO NEW SPAPER N O TICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEW SPAPER AND FEDERAL REGISTER NO TICE
APPLICATION

COMMENT PERIOD ENDINGDATE

Robert S. Appel, Englewood, Colorado, and W illiam
P. Johnson, Boulder, Colorado, Co-trustees o f
FirstBank Holding Company o f Colorado Employee
Stock Ownership Plan, Lakewood, Colorado, and its
subsidiary, FirstBank Holding Company o f Colorado,
Lakewood, Colorado, to vote as trustee, 26.8 percent
o f the voting shares.

March 10, 1997

Benedict Enslinger, Trustee, Benedict Enslinger
Revocable Trust, both o f La Crosse, Kansas, to
acquire an additional 1.30 percent, for a total of 11.96
percent, o f the voting shares o f NSB Bancshares, Inc.,
La Crosse, Kansas.

March 10, 1997

Matthew T. Ley, as Trustee, Portland, Oregon, to
acquire an additional 38.2 percent, for a total of 40.9
percent, o f the voting shares o f State National
Bancshares, Inc., W ayne, Nebraska.

March 10, 1997

F.W. Lampert Trust B; Larry D . Lampert and Robert
L. Lampert, beneficial owners; and Robert L.
Lampert, Trustee, all o f Beloit, Kansas, to acquire an
additional 28.05 percent, for a total o f 42.02 percent,
o f the voting shares o f First National Bankshares o f
Beloit, Inc., B eloit, Kansas.

March 11, 1997

Randall J. Hendricks, Elsie, Nebraska, and Warren
Orr, North Platte, Nebraska, to each increase their
ownership interest to 50 percent o f the voting shares
o f E lsie, Inc., E lsie, Nebraska.

Not Available




SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

N one.
S E C T IO N I V - A P P L IC A T IO N S N O T S U B J E C T T O F E D E R A L R E G I S T E R N O T I C E
O R N E W S P A P E R N O T IC E

APPLICATION

E lsie, Inc., E lsie, Nebraska, for prior approval to
redeem 110 shares o f its common stock.
S E C T I O N V - A V A IL A B IL IT Y O F C R A P U B L IC E V A L U A T IO N S
I d e n tif ic a tio n o f R a tin g s

In connection with the assessment o f each insured depository institution's CRA performance, a
rating is assigned from the following groups:
O u ts ta n d in 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 it 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 of its entire delineated community, including low - and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
S a tis f a c to 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 it 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 community, including low - and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
N e e d s t o im 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 it 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 of its entire delineated community, including low - and moderateincome neighborhoods, in a manner consistent with its resources and capabilities.
S u b s ta n tia l n o n c o m p lia n c e in m e e tin g c o m m u n ity c r e d it n e e d s

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 moderateincome neighborhoods, in a manner consistent with its resources and capabilities.




Bank/Location
None.

♦Application is subject to CRA.




Exam.Date

CRA Public
Date

CRA

Rating

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF FEBRUARY 17. 1997
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

None.
SECTION II • APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
Change in Control Notice by
Mary Lois Whittenburg Lockhart, as Trustee of the
Grace and Roy Whittenburg Trusts, Amarillo, TX,
to acquire an interest in Amarillo Western Bancshares,
Inc., Amarillo, TX
Change in Control Notice by
Clyde Crews, as Trustee, San Antonio,
TX, to acquire an interest in
InterContinental Bank Shares Corporation,
San Antonio, TX
(Previously reported during the week of 2-10-97)
Change in Control by
Michael A. Myers, Dallas, TX,
to acquire an interest in
Myers Bancshares, Inc., Dallas, TX
(Resubmission)
(Previously reported during the week of 1-27-97)

** NOTICF FXP

N/A

97/03/06

97/03/10

*Section 3(a)(1) application by
AmeriBancShares, Inc., Wichita Falls, TX, to acquire
AmeriBancShares of Delaware, Inc., Wilmington, DE, and
American National Bank, Wichita Falls, TX

97/03/20

*Section 3(a)(1) application by
AmeriBancShares of Delaware, Inc., Wilmington, DE, to
acquire American National Bank, Wichita Falls, TX

97/03/20




SECTION III • APPLICATIONS SUBJECT T FED A REGISTER
O
ER L
N TIC O L
O E NY
A P P LIC A T IO N

NO T I CE E XP

None.

SECTION IV • APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE

APPLIC TIO
A N
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 FEBRUARY 17. 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
None.




Date of
Examination

CRA Rating

FED A R
ER L ESER E B N O D LLA APPLICATIONS BULLETIN
V AK F A S
APPLICATIONS AND NOTIFICATIONS APPROVED DURING THE WEEK OF FEBRUARY 17, 1997

APPLICATION
None.




DATE

FE E A R
D R L ESER E B N O SAN FRANCISCO
V AK F

Week ending 2/21/97
Section I - Applications Sub.iect to Newspaper Notice Onl Date
Application

Comnent Period Ending Date

U.S. Bank of Utah, Salt Lake City, Utah, to
merge with Sun Capital Bank, St. George, Utah. *

Newspaper:

3/20/97

Section II - Applications Sub.iect to Both
Newspaper and Federal Register Notice
U.S. Bancorp, Portland, Oregon, to acquire
available
Business & Professional Bank, Woodland,
California. *
Eggemeyer Advisory Corporation, Castle Creek
available
Partners Fund LLP, and Castle Creek Capital LLC,
all of San Diego, California, to acquire at
available
least 14.9 percent of Rancho Santa Fe National
Bank, Rancho Santa Fe, California, and at least
14.9 percent of First Community Bank of the Desert,
Yucca Valley, California. *

Newspaper:

Not

Fed. Reg.:

3/03/97

Newspaper:

Not

Fed. Reg.:

Not

Section III -Applications Sub.iect to Federal Register Only

None




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

* Subject to CRA.

FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 2/21/97

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 rnay be
obtained directly from the institution.
Institution
Rating*
CivicBank of Commerce
Satisfactory

Location

2101 Webster St.
Oakland CA

Examination Date

10/21/96

94612-3043

*Under the rating system an institution's CRA performance is assigned one of the
following four ratings:




Outstanding record of meeting community credit needs: An institution has an
outstanding record of, and is a leader in, ascertaining and helping to meet the
credit needs of its entire delineated community, including low- and moderateincome 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.





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102