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ANNOUN C

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B 0 A R D OF
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FEDERAL RESERVE SYSTEM Vjc
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H .2 , 1993, No. 9
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending February 27, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS
TESTIMONY AND STATEMENTS
Economic outlook and relationship between fiscal
policy and monetary policy — statement by Chairman
Greenspan before the House Committee on the Budget,
February 24, 1993.
Published, February 24, 1993.
Credit discrimination in mortgage lending —
statement by Governor LaWare before the Senate
Committee on Banking, Housing, and Urban Affairs,
February 24, 1993.
Authorized, February 22, 1993.
BANK BRANCHES, DOMESTIC
BB&T Financial Corporation, Wilson, North Carolina —
to acquire First Financial Savings Bank, Inc.,
Kinston, North Carolina, and engage in consumer
lending activities through City Finance Company,
Inc.
Approved, February 22, 1993.
BANK HOLDING COMPANIES




Overton Financial Corporation, Overton, Texas, and
the Overton Delaware Corporation, Dover, Delaware - to acquire Longview Financial Corporation,
Longview, Texas.
Approved, February 22, 1993.
Wachovia Corporation, Winston-Salem, North Carolina
request for exception to Regulation L to permit
Herman J. Russell to continue to serve as chairman
of the board of Citizens Bancshares Corporation,
Atlanta, Georgia, and Citizens Trust Bank, while
serving as a director of Wachovia.
Granted, February 22, 1993.




H. 2

FEBRUARY 22, 1993
PAGE 2

TO

FEBRUARY 26, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

ENFORCEMENT
Union State Bank, Upton, Wyoming — written agreement
dated February 4, 1993, with Federal Reserve Bank
of Kansas City and the Wyoming State Banking
Commissioner, Division of Banking.
Announced, February 24, 1993.
FORMS
Bank Holding Company Reporting Requirements —
further revision of form (FR Y-9C) and revision of
reports (FR Y-11Q and FR Y-11AS).
Approved, February 25, 1993.
REGULATIONS AND POLICIES
Regulation C — amendments implementing the Home
Mortgage Disclosure Act concerning disclosure of
loan application registers (Docket -R-0789).
Approved, February 26, 1993.
Section 20 subsidiaries — interpretation of the
BoardTs order providing for an alternative indexed
revenue test to measure the 10 percent limit on
bank-ineligible securities.
Approved, February 22, 1993.
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and
Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve
Bank Operations; IF - International Finance; OSDM - Office of Staff Director
for Management
BANK BRANCHES. DOMESTIC
Minneapolis

Commercial Trust and Savings Bank, Mitchell, South
Dakota — to establish a branch at 1800 North Main.
Approved, February 22, 1993.

BANK HOLDING COMPANIES




Chicago

ABC Employee Stock Ownership Plan, Anchor, Illinois - to acquire Anchor Bancorporation, Inc., Farmer
City, Illinois, and the Anchor State Bank.
Approved, February 26, 1993.

H.2

FEBRUARY 22, 1993
PAGE 3

TO

FEBRUARY 26, 1993

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

BANK HOLDING COMPANIES




Richmond

Allied Irish Banks, pic, Dublin, Ireland, and First
Maryland Bancorp, Baltimore, Maryland — to acquire
shares of Internet, Inc., Reston, Virginia.
Approved, February 23, 1993.

Richmond

CCB Financial Corporation, Durham, North Carolina —
to acquire CCB Savings Bank, Inc., SSB, successor
by conversion to Mutual Savings Bank, Lenoir, North
Carolina.
Approved, February 25, 1993.

Cleveland

Fidelity Bancorp Inc., Pittsburgh, Pennsylvania —
to acquire Fidelity Savings Bank.
Approved, February 24, 1993.

Dallas

First Bancorp, Inc., Denton, Texas —
Terrell State Bank.
Approved, February 22, 1993.

Secretary

First Bank System, Inc., Minneapolis, Minnesota —
convert Bank Western, F.S.B., Denver, Colorado,
into a commercial bank.
Approved, February 22, 1993.

San Francisco

First Community Financial Group, Inc., Lacey,
Washington — to engage de novo in mortgage
brokerage services through First Community
Mortgage, Inc.
Withdrawn, February 25, 1993.

San Francisco

First Community Financial Group, Inc., Lacey,
Washington — to engage de novo in data processing
services through Information Management Services,
Inc.
Permitted, February 25, 1993.

Dallas

First Delaware Bancorp, Inc., Dover, Delaware —
acquire Terrell State Bank, Terrell, Texas.
Approved, February 22, 1993.

to acquire

to

to

H.2
FEBRUARY 22, 1993
PAGE 4

TO

FEBRUARY 26, 1993

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

BANK HOLDING COMPANIES




Secretary

First Interstate Bancorp, Los Angeles, California —
proposal that First Interstate Bank of California
acquire certain assets and assume certain
liabilities of HomeFed Bank, F.A., San Diego,
California.
Approved, February 25, 1993.

Richmond

First Union Corporation, Charlotte, North Carolina —
proposal that World Acceptance Corporation,
Greenville, South Carolina, acquire certain assets
of City Finance Company, Big Spring, Texas.
Approved, February 22, 1993.

Atlanta

First Virginia Banks, Inc., Falls Church, Virginia —
to acquire certain assets and assume certain
liabilities of the Rhea Parkway branch, Greenville,
Tennessee, of Home Federal Bank, FSB, Johnson City,
Tennessee.
Approved, February 23, 1993.

New York

Fleet Bank of New York, Albany, New York — to
acquire as receiver the transfer of insured
deposits of Jefferson National Bank, Watertown, New
York, and to establish seven branches.
Approved, February 26, 1993.

Chicago

Ida Grove Bancshares, Inc., Ida Grove, Iowa, proposed
acquisition of certain assets and assumption of
certain liabilities of the Denison, Iowa, branch of
First Federal Savings & Loan Association, Storm
Lake, Iowa.
Approved, February 23, 1993.

Secretary

Liberty National Bancorp, Inc., Louisville, Kentucky,
and LNB Acquisition Corp. — to acquire Financial
Dominion of Kentucky Corporation, Radcliff,
Kentucky, Harden County Bank and Trust, Inc., and
Farmers Deposit Bank Brandenburg, Brandenburg,
Kentucky,; and an application of LNB Acquisition
Corp. to become a bank holding company.
Approved, February 26, 1993.

H.2
FEBRUARY 22, 1993
PAGE 5

TO

FEBRUARY 26, 1993

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

BANK HOLDING COMPANIES




Philadelphia

Mainline Bancorp, Inc., Portage, Pennsylvania —
acquire Portage National Bank.
Approved, February 24, 1993.

Cleveland

Mellon Bank Corporation, Pittsburgh, Pennsylvania —
to engage de novo in securities brokerage and
investment advisory activities through InvestNet
Corporation.
Permitted, February 25, 1993.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota — to
engage in general insurance activities through
Merchants & Miners State Bank of Hibbing, Hibbing,
Minnesota.
Approved, February 23, 1993.

Secretary

Old National Bancorp, Evansville, Indiana — to
acquire DCB Corporation, Jasper, Indiana, and
Dubois County Bank.
Approved, February 25, 1993.

New York

Saban, S.A., Panama City, Panama, and Republic New
York Corporation, New York, New York — to engage
de novo through Republic Asset Management
Corporation, New York, New York, in investment and
financial advisory activities.
Permitted, February 26, 1993.

New York

Societe Generale, Paris, France — to engage de novo
in brokerage and investment advisory activities
regarding exchange-traded securities and U.S. and
non-U.S. government obligations and options thereon
through Fimat Futures USA, Inc., New York, New
York.
Returned, February 22, 1993.

Chicago

Swea City Bancorporation, Inc., Swea City, Iowa —
dispose of the assets of insurance activities.
Returned, February 25, 1993.

Dallas

Texas Financial Bancorporation, Inc., Minneapolis,
Minnesota — to acquire Terrell State Bank,
Terrell, Texas.
Approved, February 22, 1993.

to

to

H.2
FEBRUARY 22, 1993
PAGE 6

TO

FEBRUARY 26, 1993

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

BANK HOLDING COMPANIES
Richmond

Union Bancorp, Inc., Bowling Green, Virginia —
engage in full-service securities brokerage
activities.
Approved, February 23, 1993.

to

SANK MERGERS
Kansas City

F.S.B., Inc., Superior, Nebraska — to merge with
Tipton Insurance Agency, Inc. Tipton, Kansas, and
Glen Elder Agency, Inc., Glen Elder, Kansas; and
the related application of Jewell County Bank,
Mankato, Kansas, to merge with Tipton State Bank,
Tipton, Kansas, and Traders State Bank, Glen Elder
Kansas, and to operate branches in Tipton, Kansas,
and Glen Elder, Kansas.
Approved, February 26, 1993.

Atlanta

Tri-City Bank and Trust Company, Blountsville,
Tennessee — to acquire certain assets and assume
certain liabilities of the 1632 Rhea Parkway
branch, Greenville, Tennessee.
Approved, February 23, 1993.

BANK PREMISES




Chicago

Clear Lake Bank and Trust Company, Clear Lake, Iowa
- investment in bank premises.
Approved, February 24, 1993.

St. Louis

Elliott State Bank, Jacksonville, Illinois —
investment in bank premises.
Approved, February 26, 1993.

Minneapolis

First State Bank of Rushmore, Rushmore, Minnesota —
investment in bank premises.
Approved, February 24, 1993.

Chicago

Hawkeye Bank of Des Moines, Des Moines, Iowa —
investment in bank premises.
Approved, February 23, 1993.

H.2
FEBRUARY 22, 1993
PAGE 7

TO

FEBRUARY 26, 1993

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

CAPITAL STOCK
St. Louis

CBX Corporation, Carrollton, Illinois —
of shares.
Approved, February 24, 1993.

redemption

CHANGE IN BANK CONTROL
Chicago

Anchor Bancorporation, Inc., Farmer City, Illinois
change in bank control.
Permitted, February 26, 1993.

COMPETITIVE FACTORS REPORTS




Chicago

Altoona State Bank, Altoona, Iowa, proposed merger
with Ankeny State Bank, Ankeny, Iowa — report on
competitive factors.
Submitted, February 22, 1993.

St. Louis

Bank of Edwardsville, Edwardsville, Illinois,
proposed merger with Edwardsville State Bank —
report on competitive factors.
Submitted, February 26, 1993.

Chicago

Bank of Lenawee, Adrian, Michigan, proposed merger
with LSB Bank — report on competitive factors.
Submitted, February 22, 1993.

Kansas City

Bank of Oklahoma, N.A., Tulsa, Oklahoma, proposed
merger with Sand Springs State Bank, Sand Springs
Oklahoma — report on competitive factors.
Submitted, February 22, 1993.

Kansas City

Bank of Oklahoma, N.A., Tulsa, Oklahoma, proposed
merger with Brookside State Bank — report on
competitive factors.
Submitted, February 22, 1993.

Chicago

Bank One, Evanston, N.A., Evanston, Illinois,
proposed merger with Bank One, Wilmette; Bank One
Elgin; Bank One, LaGrange; and Bank One, Chicago,
Illinois — report on competitive factors.
Submitted, February 23, 1993.

H.2
FEBRUARY 22, 1993
PAGE 8

TO

FEBRUARY 26, 1993

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

COMPETITIVE FACTORS REPORTS




Cleveland

Bank One, Western Colorado, Salida, Colorado,
proposed purchase of the assets and assumption of
the liabilities of the Grand Junction, Colorado,
branch of Great American Federal Savings and Loan
Association — report on competitive factors.
Submitted, February 26, 1993.

Kansas City

Boonslick Bank, Boonville, Missouri, proposed merger
with Farmers Stock Bank, Blackwater, Missouri —
report on competitive factors.
Submitted, February 22, 1993.

Cleveland

Fidelity Savings Bank, Pittsburgh, Pennsylvania,
proposed merger with Fidelity Interim Savings
Bank — report on competitive factors.
Submitted, February 23, 1993.

New York

First Federal Savings and Loan Association of
Rochester, Rochester, New York, proposed purchase
of certain assets and assumption of certain
liabilities of fourteen branches of Anchor Savings
Bank, FSB, Hewlett, New York — report on
competitive factors.
Submitted, February 25, 1993.

St. Louis

First National Bank of Louisville, Louisville,
Kentucky, proposed merger with First Kentucky Trust
Company — report on competitive factors.
Submitted, February 24, 1993.

Chicago

First of America Bank-Rockford, National Association,
Rockford, Illinois, proposed merger with First of
America Bank-DeKalb, National Association, DeKalb,
Illinois — report on competitive factors.
Submitted, February 23, 1993.

New York

Hudson United Bank, Union City, New Jersey, proposed
merger with Pilgrim State Bank, Cedar Grove, New
Jersey — report on competitive factors.
Submitted, February 25, 1993.

H.2
FEBRUARY 22, 1993, TO
PAGE 9

FEBRUARY 26, 1993

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

COMPETITIVE FACTORS REPORTS




Chicago

Ipava State Bank, Ipava, Illinois, proposed merger
with ISB Interim Bank — report on competitive
factors.
Submitted, February 22, 1993.

Cleveland

Laurel Savings Association, Allison Park,
Pennsylvania, proposed merger with Laurel Federal
Interim Savings Association — report on
competitive factors.
Submitted, February 23, 1993.

St. Louis

Magna Bank of St. Louis, Clayton, Missouri, proposed
merger with Magna Bank of St. Charles County, St.
Charles, Missouri — report on competitive factors.
Submitted, February 23, 1993.

Dallas

Mutual Building and Loan Association, Las Cruces, New
Mexico, proposed merger with First Federal Savings
Bank of New Mexico, Roswell, New Mexico — report
on competitive factors.
Submitted, February 24, 1993.

New York

National Bank and Trust Company, Norwich, New York,
proposed purchase of certain assets and assumption
of certain liabilities of the branch of Key Bank of
New York, Albany New York, at 30 Brinkerhoff
Street, Plattsburgh, New York — report on
competitive factors.
Submitted, February 23, 1993.

Kansas City

Norwest Bank Wyoming Casper, N.A., Casper, Wyoming,
proposed merger with Norwest Bank, Wyoming
Cheyenne, N.A., Cheyenne; Norwest Bank Wyoming
Gillettee, N.A., Gillette; and Norwest Bank Wyoming
Wheatland, N.A., Wheatland, Wyoming — report on
compet it ive factors.
Submitted, February 23, 1993.

H .2
FEBRUARY 22, 1993
PAGE 10

TO

FEBRUARY 26, 1993

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

COMPETITIVE FACTORS REPORTS
Chicago

Palmer-American National Bank of Danville, Danville,
Illinois, proposed merger with City Potomac Bank,
Potomac; City National Bank of Hoopeston,
Hoopeston; and the City National Bank of Danville,
Danville, Illinois — report on competitive
factors.
Submitted, February 22, 1993.

San Francisco

Scripps Bank, La Jolla, California, proposed
acquisition of a branch of First California Bank,
La Mesa, California — report on competitive
factors.
Submitted, February 24, 1993.

Kansas City

UMB Bank of Colorado, Security, Colorado, proposed
merger with UMB Bank of the West, Colorado Springs,
Colorado — report on competitive factors.
Submitted, February 22, 1993.

Chicago

Valley Bank, Wauwatosa, Wisconsin, proposed merger
with Valley Bank, Southeast, Hartland, Wisconsin —
report on competitive factors.
Submitted, February 23, 1993.

Atlanta

West Alabama Bank and Trust, Reform, Alabama,
proposed acquisition of three branches of Secor
Bank, FSB, Birmingham, Alabama — report on
competitive factors.
Submitted, February 22, 1993.

EXTENSIONS OF TIME




San Francisco

BankAmerica Corporation, San Francisco, California —
extensions to divest certain properties.
Granted, February 24, 1993.

Chicago

Comerica Incorporated, Detroit, Michigan — extension
to May 24, 1993, to engage de novo in a community
investment project through William Street
Apartments Limited Partnership, Ann Arbor,
Michigan.
Granted, February 24, 1993.

H. 2

FEBRUARY 22, 1993
PAGE 11

TO

FEBRUARY 26, 1993

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

EXTENSIONS OF TIME
Chicago

FBOP Corporation, Oak Park, Illinois, extension to
May 9, 1993, to acquire the Drovers Bank,
Madisonville, Texas.
Granted, February 22, 1993.

Minneapolis

Marquette Bancshares, Inc., Minneapolis, Minnesota —
extension to May 26, 1993, to engage de novo in
lending activities and other extensions of credit.
Granted, February 22, 1993.

New York

United Counties Bancorporation, Cranford, New
Jersey — extension to May 28, 1993, to acquire up
to 9.9 percent of Central Jersey Bancorp, Freehold,
New Jersey.
Granted, February 25, 1993.

Secretary

Westamerica Bancorporation, San Rafael, California —
extension for protestants to file additonal
comments regarding application by Westamerica to
acquire Napa Valley Bancorp, Napa, California.
Granted, February 23, 1993.

Minneapolis

Farmers State Bank of Conrad, Conrad, Montana — to
become a member of the Federal Reserve System.
Approved, February 25, 1993.

MEMBERSHIP

RESERVE BANK OPERATIONS




Director, FRBO

Federal Reserve Automation Services — to purchase
peripheral computer equipment for the East
Rutherford, Richmond, and Dallas data centers.
Approved, February 23, 1993.

Director, FRBO

Federal Reserve Automation Services —
computer related furniture.
Approved, February 24, 1993.

Director, FRBO

Federal Reserve Bank of Philadelphia — to retain
Turner Construction Company for renovation project.
Approved, February 23, 1993.

to purchase

H .2
FEBRUARY 22, 1993
PAGE 12

TO

FEBRUARY 26, 1993

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

RESERVE BANK SERVICES




Director, FRBO

Federal Reserve Bank of Dallas — to offer Other Fed
group sorts at the four offices in the District.
Approved, February 22, 1993.

H.2
FEBRUARY 22, 1993
PAGE 13

ADDITIONS AND CORRECTIONS
TO

FEBRUARY 26, 1993

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

BANK HOLDING COMPANIES
San Francisco

First Community Financial Group, Inc., Lacey,
Washington — to engage de novo in data processing
services through Information Management Services,
Inc.
Withdrawn, February 3, 1992.

San Francisco

First Community Financial Group, Inc., Lacey,
Washington — to engage de novo in mortgage
brokerage services through First Community
Mortgage, Inc.
Withdrawn, February 3, 1993.

Kansas City

Liberty Bancorp, Inc., Oklahoma City, Oklahoma —
acquire shares of F & M Bancorporation, Tulsa,
Oklahoma.
Approved, February 19, 1993.

to

EXTENSIONS OF TIME




Chicago

Bank of Ypsilanti, Ypsilanti, Michigan — extension
to April 29, 1993, to become a member of the
Federal Reserve System and to establish a branch at
1515 Washtenaw Avenue.
Granted, February 19, 1993.

Chicago

Mibank Corporation, Ypsilanti, Michigan — extension
to April 29, 1993, to acquire Bank of Ypsilanti.
Granted, February 19, 1993.

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

Royal Bank of Scotland
Group, pic, Edinburgh,
Scotland - 4 ( c ) (8)
application to acquire
Standard Chartered Equitor
Asset Management NA, Inc.
and Union Investors Asset
Management, both of Boston,
Massachusetts

Federal Register Not Yet Established

Fleet Financial Group,
Federal Register Not Yet Established
Inc., Providence, Rhode
Island - 4 (c)(8)
notification to transfer
Fleet Factors Corporation,
New York, New York from Fleet
Bank of New York, Albany, New
York, to Fleet Financial Group, Inc.,
Providence, Rhode Island
SECTION IV - APPLICATIONS NOT SUBJECT TO
FEDERAL REGISTER OR NEWSPAPER NOTICE
Application
NONE

♦Subject to CRA




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
♦Rating Definitions:
"0" - Outstanding; "S" - Satisfactory;
- Needs to Improve; "SN" - Substantial Noncompliance.
Institution




Examination Date
NONE

"N"

Rating*

Federal Reserve Bank of New York

Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
___________Notice Only___________
United Jersey Bank, Hackensack, New Jersey, to establish an
offsite electronic facility located at Barnert Hospital,
680 Broadway, Paterson, New Jersey.1/

3/19/93

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
RNYC Holdings Limited, Marina Bay, Gibraltar, to become a
bank holding company by acquiring approximately 27.65 percent
of the voting shares of Republic New York Corporation,
New York, New York, and thereby indirectly acquire RNYC's
nonbank subsidiaries and Republic National Bank of New York,
New York and The Manhattan Savings Bank, New York, New York.l/

3/29/93 3/

Saban S.A., Panama City, Panama, and Marina Bay, Gibraltar
to acquire 100 percent of the voting shares of RNYC Holdings
Limited, Marina Bay, Gibraltar and thereby retain 27.65
percent of the voting shares of Republic New York
Corporation, New York, New York and indirectly retain
RNYC's nonbank subsidiaries and Republic National Bank of
New York, New York, New York and The Manhattan Savings Bank,
New York, New York.l/

3/29/93 3/

Banco Santander, S.A., Madrid, Spain to acquire indirectly
through its subsidiary, First Fidelity Bancorporation,
Lawrenceville, New Jersey, up to 100 percent of the shares
of Northeast Bancorp, Inc., New Haven, Connecticut.!/

3/21/93 3/

T R Financial Corp, Garden City, New York, to become a bank
holding company with respect to Roosevelt Savings Bank,
Garden City, New York.l/

3/19/93 3/

KeyCorp, Albany, New York, to acquire Key Bank of Colorado,
Fort Collins, Colorado, the successor to Home Federal Savings
Bank, Fort Collins, Colorado.1/

3/19/93 2/

SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
Chemical Banking Corporation, New York, New York to engage
to a limited extent, in underwriting and dealing in debt
securites through its subsidiary, Chemical Securities, Inc.,
New York, New York.




N/A

SECTION IV

Applications Not Involving
______Public Comment_____
None.
SECTION V
Availability of CRA Public Evaluations
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following group:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record
of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record
of ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate- income neighbor­
hoods, in a manner consistent with its resources and capabilities.
Week Ending February 27. 1993
NAME OF BANK

RATING

EXAMINATION DATE

None

1/
2/
3/

4/

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




FEDERAL RESERVE BANK OF PHILADELPHIA
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Comment Period Ending Date
Commonwealth Bank, Williamsport,
Valley Community Bank, Kingston,
to § 18(c) of the FDI Act and to
one branch office located at 541
Kingston, PA, pursuant to § 9 of

PA to merge with
PA, pursuant
establish
Pierce St.,
the FR Act.

Newspaper comment period expires:

3/19/93

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND
FEDERAL REGISTER NOTICE
DIMECO, Inc., Honesdale, PA proposes to form a
bank holding company by acquiring 100% of the
voting shares of The Dime Bank, Honesdale, PA,
pursuant to § 3(a)(1) of the BHCA.
Newspaper comment period expires:
Fed. Register comment period expires:

3/22/93
3/22/93

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE

None.
1/ Subject to provisions of Community Reinvestment Act.
* N/A - not yet available.




FEDERAL

RESERVE

BANK OF PHILADELPHIA

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following institutions were examined for CRA. The 30-business day period the bank
has to make the evaluation public has lapsed during the week ending February 26, 1993
Identification of Ratings
In connection with the assessment of each insured depository
performance, a rating is assigned from the following groups:

institution's

CRA

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




Examination Date
None.

CRA Rating

Federal Reserve Bank of Cleveland
Applications Bulletin
For Week Ending February 27, 1993

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
NONE
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Received Section 3 ( a ) (3) application from
Hometown Bancshares, Inc., Middlebourne,
West Virginia, on February 22, 1993, to
acquire The First National Bank of Powhatan
Point, Powhatan Point, Ohio.

* F: March 26, 1993

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY

NONE

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

None

*
N
F
#

-

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




AVAILABILITY OF CRA PUBLIC EVALUATIONS
(February 26, 1993)
The following state member banks have been examined by the
Federal Reserve Bank of Cleveland for compliance with The Community
Reinvestment Act.
A public evaluation document became available
from the bank(s) listed below during the week ended February 26,
1993.
If you are interested in obtaining a copy of an evaluation
document, please contact the bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING:
a bank in this group has an outstanding record
of, and is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
SATISFACTORY: a bank in this group has a satisfactory record
of ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
NEEDS TO IMPROVE:
a bank in this group needs to improve its
overall record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.
SUBSTANTIAL NON COMPLIANCE:
a bank in this group has a
substantially deficient record of ascertaining and helping to meet
the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.




NONE

F e d e r a l R e s e rv e Bank o f Richm ond

Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

The Marathon Bank, Stephens City,
Virginia, to establish a branch at
312 Warren Avenue, Front Royal,
Virginia.

3-26-93

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

**

Comment Period Ending Date

Community Bankshares, Inc., Orangeburg,
South Carolina, to become a bank holding
company through the acquisition of Orange­
burg National Bank, Orangeburg, South
Carolina.*

3-21-93

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

Signet Banking Corporation, Richmond,
Virginia, to engage in community develop­
ment activities.
Delmar Bancorp, Delmar, Maryland, to engage
in insurance agency activities in a town with
a population of less than 5,000.

3-17-93**

Not yet available.

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

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



F e d e r a l R e s e rv e Bank o f Richm ond

Availability of CRA Public Evaluations
Week ending February 26, 1993

Definition of Ratings

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

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

Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate -income neighborhoods, in a manner
consistent with its resources and capabilities.

Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate -income neighborhoods, in a manner
consistent with its resources and capabilities.

Examination
Date____

None .




Rating

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending February 26. 1993
Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Barnett Bank of Volusia County
DeLand, Florida
To establish a branch located at 2160
Howland Boulevard, Deltona, Florida to
be known as Deltona Lakes Office.

Not yet available*

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

Comment Period Ending Date

First Alabama Bancshares, Inc.
Montgomery, Alabama
To acquire Republic Bancshares, Inc.,
Nashville, Tennessee, and thereby
directly acquire Franklin County Bank,
Winchester, Tennessee, pursuant to
Section 3( a ) (5) of the Bank Holding
Company Act.

Not yet available*

HNB Holding Company, Inc.
Headland, Alabama
1-BHC formation, Headland National Bank,
Headland, Alabama.

Not yet available*

Central Bankshares, Inc.
Cordele, Georgia
1-BHC formation, Central Bank & Trust,
Cordele, Georgia.

Not yet available*

First Capital Bancorp, Inc.
Norcross, Georgia
1-BHC formation, Central Gwinnett Bank,
Norcrosss, Georgia.

Not yet available*

Nashville Holding Company
Nashville, Georgia
To acquire Citizens Bank & Trust, Evans,
Georgia, pursuant to Section 3 ( a ) (3) of
the Bank Holding Company Act.

Not yet available*

♦Subject to provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending February 26. 1993
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice

Application

Comment Period Ending Date

Intervest Bancshares Corporation
New York, New York
1-BHC formation, Countryside Bankers,
Clearwater, Florida.

03-19-93*
Federal Register

Section 3 - Applications Subject
Register Only
Application

to Federal

Comment Period Ending Date

Aliant National Corporation
Alexander City, Alabama
To engage de novo in securities
brokerage and investment advisory
services, pursuant to Section
225.25(b)(4) and (15) of Regulation Y.

Not yet available

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

♦Subject to provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending February 26. 1993

Section 10 - Availability of CRA Public Evaluations

The CRA public evaluations of the insured depository institutions
listed below became available during this week. Information about
an institution's CRA evaluation may be obtained directly from the
institution. In connection with the assessment of an institution's
CRA performance, a rating is assigned from the following groups:
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
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs:
An
institution has a satisfactory record of ascertaining and helping
to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs:
An
institution needs to improve its overall record of ascertaining and
helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs:
An
institution has a substantially deficient record of ascertaining
and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Examination
Bank
First Bank of Boaz
Post Office Box 757
Boaz, Alabama 35957
(205)593-8670




Rating
Satisfactory

Date
11-16-92

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

TYPe

Application

Branch

The Kingston State Bank
Kingston, Michigan
4059 Huron Street
North Branch, Michigan*

N

- 3-10-93

EFT

Chemical Bank and Trust Company
Midland, Michigan
4787 Fashion Square Mall
Saginaw, Michigan*

N

- 3-5-93

Branch

First of America Bank-Central
Lansing, Michigan
Delta Retirement Center
201 S. Mall Drive
Delta Township, Michigan*

N

- 2-21-93

Branch

First of America Bank-Central
Lansing, Michigan
Great Lakes Christian Retirement Home
2050 S. Washington Street
Delhi Township, Michigan*

N

- 2-21-93

Branch

Cole Taylor Bank
Chicago, Illinois
824 East 63rd Street
Chicago, Illinois*

N

- 3-8-93

Branch
Relocation

First of America Bank - Northern Michigan
Traverse City, Michigan
From 701 Randolph Street to
1001 Bay Street
Traverse City, Michigan*

N

_ **

Oakar

Citizens National Bancorp, Inc.
Darlington, Wisconsin
Darlington, Wisconsin branch of
Anchor Bank SSB
Madison, Wisconsin*

N

- 3-22-93




Federal Reserve Bank of Chicago

Type

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

Y-2

First Colonial Bankshares Corporation
Chicago, Illinois
Hi-Bancorp, Inc.
Highwood, Illinois
Bank of Highwood
Highwood, Illinois
GNP Bancorp, Inc.
Mundelein, Illinois
N ew Century Bank
Mundelein, Illinois*

FR - 2-26-93
N - 1-19-93

Y-2

Minowa Banshares, Inc.
Decorah, Iowa
Minnesota Bank, National Association
Caledonia, Minnesota*

FR - 1-26-93
N - 2-22-93

CoC-HC

Anchor Bancorporation, Inc.
Farmer City, Illinois
ABC Employee Stock Ownership Plan
Anchor, Illinois
Merle E. Coile; Chester D. Eyer
Employee's Profit Sharing Plan;
Gayle E. Simpson; Jeffrey A. Coil;
James R. Eckert

FR - 2-24-93
N - 2-13-93

Y-2

LeRoy C. Darby, Inc.
Monona, Iowa
Keystone Bancshares, Inc.
Monona, Iowa
Peoples State Bank
Elkader, Iowa*

FR N -

Y-2

Premier Financial Services, Inc.
Freeport, Illinois
First Northbrook Bancorp, Inc.
Northbrook, Illinois
First National Bank of Northbrook
Northbrook, Illinois
First Security Bank of Cary-Grove
Cary, Illinois*

FR - 2-25-93
N - 1-2-93




2-5-93
3-5-93

Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newsoaoe
Register Notice
(Continued)

and Federal
Comment Period
Ending Date

Tvoe

Application

Y-l

Premier Acquisition Company
Freeport, Illinois
First Northbrook Bancorp, Inc.
Northbrook, Illinois
First National Bank of Northbrook
Northbrook, Illinois
First Security Bank of Cary-Grove
Cary, Illinois*

FR - 2-25-93
N - 1-2-93

CoC-HC

Premier Financial Services, Inc.
Freeport, Illinois
Thomas D. Flanagan

FR - 3-1-93
N - **

COC-HC

Premier Financial Services, Inc.
Freeport, Illinois
James M. Flanagan

FR - 3-8-93
N - 3-1-93

CoC-HC

First Business Bancshares, Inc.
Madison, Wisconsin
William T. Graham

FR - 2-22-93
N - 2-22-93

Y-l

Bourbonnais Bancorp, Inc.
Wheaton, Illinois
Bank of Bourbonnais
Bourbonnais, Illinois*

FR N -

2-26-93
2-16-93

Y-2

Illinois State Bancorp, Inc.
Wheaton, Illinois
Bourbonnais Bancorp, Inc.
Wheaton, Illinois
Bank of Bourbonnais
Bourbonnais, Illinois
Presidential Holdings, Inc.
Bourbonnais, Illinois*

FR N -

2-26-93
2-16-93

Y-2

Firstar Corporation
Milwaukee, Wisconsin
Metro Bancorporation
Waterloo, Iowa
The Waterloo Savings Bank
Waterloo, Iowa*

FR - 2-26-93
N - **




Federal Reserve Bank of Chicago

Type

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

Y-2

Firstar Corporation of Iowa
Des Moines, Iowa
Metro Bancorporation
Waterloo, Iowa
The Waterloo Savings Bank
Waterloo, Iowa*

FR - 2-26-93
N - **

Y-2

River Forest Bancorp, Inc.
Chicago, Illinois
Belmont National Bank
Chicago, Illinois*

FR - 2-26-93
N - 2-28-93

Y-l

Farmers & Merchants Bancshares, Inc.
Burlington, Iowa
Farmers & Merchants Bank & Trust
Burlington, Iowa*

FR
N

-

Y-l

Northview Financial Corporation
Northfield, Illinois
Northview Bank & Trust (in organization)
Northfield, Illinois*

FR
N

- 3-12-93
- 3-20-93

Y-l

Oostburg Bancorp, Inc.
Oostburg, Wisconsin
Oostburg State Bank
Oostburg, Wisconsin*

FR - 3-5-93
N - 3-8-93

Y-l

SBL Capital Bank Shares, Inc.
Lodi, Wisconsin
State Bank of Lodi
Lodi, Wisconsin*

FR N -

Y-l

Lincoln Trail Bancshares, Inc
Taylorville, Illinois
Palmer State Bank
Taylorville, Illinois*

FR - 3-12-93
N - 3-21-93

Y-l

Valley Financial Corp.
Caro, Michigan
Community Bank
Caro, Michigan*

FR - 3-12-93
N - 2-8-93




1-21-93
2-23-93

1-4-93
3-6-93

Federal Reserve Bank of Chicago

Type

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

Y-l

Howard Bancorp, I n c .
Glenview, Illinois
Howard Savings Bank
Glenview, Illinois*

FR - 3-19-93
N - **

Y-l

Lenawee Bancorp, Inc.
Adrian, Michigan
Bank of Lenawee
Adrian, Michigan*

FR
N

Y-2

De Witt Bancorp, Inc.
De Witt, Iowa
River Valley Bancorp, Inc.
Davenport, Iowa
Valley State Bank (in organization)
Eldridge, Iowa*

**
**

FR

**

N

3-22-93

Y-2

First Financial Corporation
Terre Haute, Indiana
Parke Bancorp
Rockville, Indiana
The Parke State Bank
Rockville, Indiana*

FR - **
N - 3-12-93

Y-2

First Neighborhood Bancshares, Inc.
Toledo, Illinois
Newman Bancshares, Inc.
Newman, Illinois
First State Bank of Newman
Newman, Illinois*

FR - **
N - **

Y-l

River Valley Bancorp, Inc.
Davenport, Iowa
Valley State Bank (in organization)
Eldridge, Iowa*

Y-l

Dearborn Bancorp, Inc.
FR
Dearborn, Michigan
N
Community Bank of Dearborn (in organization)
Dearborn, Michigan*




FR
N

- **
- 3-22-93

- **
- **

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

Type

Application

Y-4

Northern Trust Corporation
Chicago, Illinois
Northern Futures Corporation
Chicago, Illinois— Execute and clear
commodity futures contracts

FR - **

4(c) (8)

Comerica Incorporated
Detroit, Michigan
ComeriComp, Incorporated
Detroit, Michigan

FR - **

Y-4

First Chicago Corporation
FR - 2-25-93
Chicago, Illinois
Government Pricing Information System, Inc.
N ew York, Ne w York ("GovPX, Inc.)

4(c)(8)

Central-State Bancorp, Inc.
Beulah, Michigan
Central State Services Corp.
Beulah, Michigan— engage de novo in
making and selling fixed rate mortgages

FR - 2-22-93

4(c) (8)

Michigan National Corporation
Farmington Hills, Michigan
Independence One Financial Institutions
Consulting, Inc.
Farmington Hills, Michigan

FR - 3-2-93

Y-4

Guaranty Financial, M.H.C.
Milwaukee, Wisconsin
Guaranty Asset Protection Services, Inc.
West Hills, California

FR - **

Y-4

Guaranty Financial, M.H.C.
Milwaukee, Wisconsin
Shelter Mortgage Corporation
Milwaukee, Wisconsin .

FR - **

Y-4

Guaranty Financial, M.H.C.
Milwaukee, Wisconsin
6700 Corporation
West Hills, California

FR - **




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

T jrg e

Application

Y-4

Iowa National Bankshares Corp.
Waterloo, Iowa
MidAmerica Financial Corporation
Waterloo, Iowa

FR - 3-12-93

Y-4

Republic Bancorp, Incorporated
Owosso, Michigan
Horizon Savings Bank
Beachwood, Ohio

FR - **

Y-4

Comerica Incorporated
Detroit, Michigan
Gladshire Limited Dividend Housing
Association Limited Partnership
Kalamazoo, Michigan

FR - 3-17-93

4(c)(8)

Alliance Financial Corporation
N e w Buffalo, Michigan
Alliance Financial Services Corporation
N e w Buffalo, Michigan

FR - **




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

Application

Ros

Decatur Financial, Inc.
Decatur, Indiana
To redeem 211,135 of its common shares

N
FR
*
**

-

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




AMENDED
AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following state member banks have been examined by the Federal Reserve Bank
of Chicago for compliance with the CRA. The 30-business day period the bank has
to make the evaluation public has lapsed during the week ending February 19,
1993.
If you are interested in obtaining a copy of the evaluation document,
please contact the bank(s) directly.
Identification of Ratings
O-An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
S-An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
NI-An institution in this group needs to improve its overall record of 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.
SN-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.
BANK NAME/LOCATION

EXAMINATION DATE

RATINGS

-The First Commercial Bank
6945 North Clark Street
Chicago, Illinois
60626
(312) 761-4300

11/12/92

S

-LaSalle State Bank
654 First Street, Box 462
LaSalle, Illinois
61301
(815) 223-8800

11/23/92

S

-Firstar Bank Ottumwa
123 East Third Street
Ottumwa, Iowa
52501
(515) 683-1641

11/16/92




S

AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following state member banks have been examined by the Federal Reserve Bank
of Chicago for compliance with the CRA. The 30-business day period the bank has
to make the evaluation public has lapsed during the week ending February 26,
1993.
If you are interested in obtaining a copy of the evaluation document,
please contact the bank(s) directly.
Identification of Ratings
O-An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate -income neighborhoods, in a manner
consistent with its resources and capabilities.
S-An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community, including
low- and moderate -income neighborhoods, in a manner consistent with its
resources and capabilities.
NI-An institution in this group needs to improve its overall record of 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.
SN-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.
BANK NAME/LOCATION

EXAMINATION DATE

RATINGS

-The Fairmount State Bank
101 North Main Street, Box 8
Fairmount, Indiana
46928
(317) 948-4330

11/30/92

S

-Liberty Bank
815 North Water Street
Box 1268
Milwaukee, Wisconsin
53202
(414) 223-8400

11/30/92

S

-State Bank of Arthur
411 South Vine Street
Box 245
Arthur, Illinois
61911
(217) 543-2111

11/23/92




S

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING FEBRUARY 26, 1993

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE

Application

End of Comment Period

★Section 9 application by Arkansas
Bank and Trust Company, Hot Springs,
Arkansas to establish a branch
in Hot Springs Village, Arkansas

2-27-93

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

Application

End of Comment Period

Change in control notification
involving First National Corporation,
Wynne, Arkansas by Doyl E. brown

Newspaper:

3-4-93

Newspaper:

3-24-93

★Section 3(a)(1) application by
Rockhold BanCorp,. Platte City,
Missouri to acquire Bank of
Kirksville, Kirksville, Missouri

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application

End of Comment Period

Section 4(c)(8) application by
CNB Bancshares, Inc. Evansville,
,
Indiana to indirectly acquire
Peoples Security Finance Company,
Inc., Madisonville, Kentucky

3-12-93

Section 4(c)(8) application by
CNB Bancshares, Inc., Evansville,
Indiana to indirectly acquire
Peoples Security Investment, Inc.,
Madisonville, Kentucky

3-12-93




SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE*
Aonlication
None.

*This application is subject to CRA.




End of Comment Period

F E D E R A L R E S E R V E B A N K O F ST. L O U I S
St. Louis, Missouri

AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f m eeting com m unity 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 o f m eeting com m unity 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 im prove record o f m eeting com m unity 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 noncom pliance in m eeting com m unity 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.
FOR THE WEEK ENDING

Name of Bank
Fayette County Bank




February 26, 1993

Bank Address
P. 0. Box 38
St. Elmo, Illinois

Examination
Date
11-16-92
62458

Examination
Rating
Satisfactory

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

Application
None.

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

Application
International Bancorporation
Bemidj i , MN
To acquire 100% of the voting
shares of First National Agency
of Baudette, Inc., Baudette, MN*

3-22-93
(Federal Register)

Community First Bankshares, Inc.
Fargo, ND
To acquire 100% of the voting
shares of Lincoln Banking Company,
Ltd., Steamboat Springs, CO*

Not yet available

Community First Bankshares, Inc.
Fargo, ND
To acquire 100% of the voting
shares of F&M Bank Holding Company,
Cooperstown, ND*

Not yet available

Section III - Applications Subject
to Federal Register Notice Only
Application
Otto Bremer Foundation and
Bremer Financial Corporation
St. Paul, MN
To engage in general insurance
agency activities through the
acquisition of certain insurance
accounts of Robert W. Becker
* Subject to CRA




Comment Period
Ending Date
3-4-93

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




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending February 26, 1993
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of,
and is a leader in, ascertaining and helping to meet the
credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its
resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low-and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
BANK (S ) EXAMINED
None.




DATE OF EXAMINATION

CRA RATING

Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

WestStar Bank, N.A., Tulsa, Oklahoma,
for prior approval to retain
membership in the Federal Reserve
System as a state chartered bank.

Not Available

WestStar Bank, N.A., Bartlesville,
Oklahoma, for prior approval to
retain membership in the Federal
Reserve System as a state chartered
ba n k .

Not Available

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

COMMENT PERIOD ENDING DATE

Community Bankshares, Inc., Denver,
Colorado, for prior approval to
acquire 95 percent of the voting
shares of First Medicine Lodge
Bancshares, Inc., Medicine Lodge,
Kansas.*

Not Available

Joseph S. Geisel, Jr., Terrence J.
Lillis, and Edward P. O'Connor, all
of Kansas City, Missouri, as trustees
for the Frances H. Giblin Trust No.
1, to jointly acquire 61.16 percent
of the voting shares of First
National Bankshares of Beloit, Inc.,
Beloit, Kansas.

Not Available

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION
First State Bancshares, Inc.,
Scottsbluff, Nebraska, for prior
approval to acquire 51 percent of the
voting shares of Security First
Savings & Loan Association, Cheyenne,
Wyoming.




COMMENT PERIOD ENDING DATE
Not Available

Federal Reserve Bank of Kansas City

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None.
SECTION V ~ AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
Outstanding record of meeting community credit needs
An institution in this group has an outstanding record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods,
in a manner
consistent with
its
resources and capabilities.
Satisfactory record of meeting community credit needs
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods,
in a manner
consistent with
its
resources and capabilities.
Needs to improve record of meeting community credit needs
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- and moderateincome neighborhoods,
in a manner consistent with
its
resources and capabilities.
Substantial noncompliance in meeting community credit needs
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- and moderateincome neighborhoods,
in a manner consistent with
its
resources and capabilities.
Bank/Location

Exam Date

None.
♦Application is subject to CRA.




CRA Public
Date

CRA
Rating

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF FEBRUARY 22, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

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

** NOTICE EXP

♦Section 3(a)(3) application by
FirstPerryton Bancorp, Inc., Perryton, TX, to acquire
Texas Commerce Bank - Amarillo, Amarillo, TX

N/A

♦Section 3(a)(1) application by
The Donley County State Bank Holding Company,
Clarendon, TX, to acquire The Donley County State Bank,
Clarendon, TX

N/A

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

NOTICE EXP

Section 4(c)(8) de novo notification by
Victoria Bankshares, Inc., Victoria, TX, to acquire
Victoria Securities Corporation, Victoria, TX
(engage in full service brokerage activities and
advisory services)
(Previously filed during the week of 2-15-93)

93/03/17

Section 4(c)(8) de novo notification by
Panhandle Bancshares, Inc., Panhandle, TX, to acquire
Panhandle Financial Services, Inc., Amarillo, TX
(engage in tax planning and preparation services)

N/A

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None.

* SUBJECT TO CRA.
** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY
N/A - NOT AVAILABLE AT THIS TIME.




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF FEBRUARY 22 1993

,

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

Bank
None.




Date of
Examination

CRA Rating

FEDERAL RESERVE BANK OF SAN FRANCISCO (cont’d.)
Week ending 2/26/93
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending February 26, 1993.
Information about a particular
institution’s CRA evaluation may be obtained directly from the institution.
Institution

Location

California Center Bank

222 West Olympic Blvd.
Los Angeles, CA 90006
(213) 386-2222

Examination Date
11/16/92

Rating*
Satisfactory

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




FEDERAL RESERVE BANK OF SAN FRANCISCO (cont’d.)
Week ending 2/26/93
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending February 26, 1993.
Information about a particular
institution’s CRA evaluation may be obtained directly from the institution.
Institution

Location

California Center Bank

222 West Olympic Blvd.
Los Angeles, CA 90006
(213) 386-2222

Examination Date
11/16/92

Rating*
Satisfactory

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




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