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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1996, No* 5
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending February 3, 1996

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
Chemical Banking Corporation, New York, New York -request for reconsideration of the applications to
merge with The Chase Manhattan Corporation, and by
Chemical Bank to merge with The Chase Manhattan
Bank, N.A.
Denied, February 2, 1996.
Sumitomo Bank, Limited, Osaka, Japan -- to acquire
certain assets of Daiwa Bank, Ltd., Osaka, Japan,
and Daiwa Bank Trust Company, New York, York, and
to establish fourteen representative offices in the
United States.
Approved, January 29, 1996.
DISCOUNT RATES
Discount rates -- decrease to 5 percent from 5-1/4
percent by the Federal Reserve Bank of San
Francisco.
Approved, January 31, 1996.
Discount rates -- decrease to 5 percent from 5-1/4
percent by the Federal Reserve Banks of New York,
Philadelphia, Cleveland, Atlanta, Minneapolis, and
Dallas.
Approved, January 31, 1996.
Discount rates -- decrease to 5 percent from 5-1/4
percent by the Federal Reserve Banks of Boston,
Richmond, Chicago, and Kansas City.
Approved, February 1, 1996.
Discount rates -- decrease to 5 percent from 5-1/4
percent by the Federal Reserve Bank of St. Louis.
Approved, February 2, 1996.
ENFORCEMENT




Carney Bank, Boynton Beach, Florida -- written
agreement dated January 11, 1993, terminated
January 26, 1996.
Announced, February 2 , 1996.

H.2

J A N U A R Y 29,
PAGE 2

1996

TO

F E B R U A R Y 3, 1996

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

ENFORCEMENT
CivicBank of Commerce, Oakland, California -- written
agreement dated September 16, 1992, terminated
December 27, 1995.
Announced, February 2, 1996.
Guaranty Bancshares Corporation, Shamokin,
Pennsylvania -- written agreement dated June 19,
1992, terminated January 18, 1996.
Announced, February 2, 1996.
Jefferson Bank and Trust, Lakewood, Colorado -- order
of prohibition against Steen Ronlov, a former
institution-affiliated party.
Announced, February 2, 1996.
Mercantile Capital Corp., Boston, Massachusetts -written agreement dated January 26, 1996, with the
Federal Reserve Bank of Boston.
Announced, January 30, 1996.
INTERNATIONAL OPERATIONS
Chemical International Finance, New York, New York -to make an investment in Banco Espirito Santo e
Comercial de Lisboa, S.A., Lisbon, Portugal.
Permitted, February 2, 1996.
First National Bank of Chicago, Chicago, Illinois -to establish a branch in Beijing, People*s Republic
of China.
Permitted, February 2, 1996.
REGULATIONS AND POLICIES




Regulations H, K, and Y -- amendments to regulations
on the reporting of known or suspected criminal and
suspicious activities by domestic and foreign
banking organizations (Docket R-Q885).
Approved, January 30, 1996.

H .2
J A N U A R Y 29,
PAGE 3

1996

TO

F E B R U A R Y 3, 1996

A C T I O N S T A K E N BY THE S T A F F AND THE F E D E R A L R E S E R V E B A N K S
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
Richmond

Bank of Tidewater, Virginia Beach, Virginia - - t o
establish a branch at the Greenbrier Market Center,
Greenbrier Parkway, Chesapeake, Virginia.
Approved, January 30, 1996.

Richmond

Crestar Bank, Richmond, Virginia -- to establish a
branch at the Statler Square Shopping Center, 850
Statler Boulevard, Staunton, Virginia.
Approved, February 2, 1996.

Minneapolis

First Community Bank, Glasgow, Montana - - t o
establish a branch in Culbertson, Montana.
Approved, February 1, 1996.

Chicago

Harris Trust and Savings Bank, Chicago, Illinois -to establish an Automated Teller Machine at St.
Elizabeth Hospital, 1431 North Claremont Avenue.
Approved, January 30, 1996.

Kansas City

Pinnacle Bank, Papill ion, Nebreaska - - t o establish
branches at 2708/2710 South 114th Street, Omaha,
Nebraska, and 8401 West Dodge Road.
Approved, January 29, 1996.

Kansas City

Vectra Bank, Denver, Colorado -- to establish
additional branches in Boulder, Colorado.
Approved, February 1, 1996.

BANK HOLDING COMPANIES




San Francisco

CVB Financial Corp., Ontario, California -- request
for waiver of application to acquire Citizens
Commercial Trust 7 Savings Bank of Pasadena,
Pasadena, California.
Granted, January 29, 1996.

Kansas City

Downs Bancshares, Inc., Downs, Kansas -- to retain
shares of Cushing Insurance, Inc.
Approved, January 30, 1996.

H.2

J A N U A R Y 29,
PAGE 9

1996

TO

F E B R U A R Y 3, 1996

A C T I O N S T A K E N BY THE STAFF AND THE FE D E R A L R E S E R V E B ANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Chicago

First Decatur Bancshares, Inc., Decatur, Illinois -to acquire First Shelby Financial Group, Inc.,
Shelbyville, Illinois, and First Trust Bank of
Shelbyville.
Approved, January 30, 1996.

Dallas

First Lakewood, Inc., Dover, Delaware -- to engage de
novo in investment or financial advisory services
through Texas Community Financial Services, Inc.,
Dallas, Texas.
Permitted, January 31, 1996.

Kansas City

FirstBank Holding Company of Colorado, Lakewood,
Colorado, and FirstBank Holding Company of Colorado
ESOP - - t o acquire The Bank of Douglas County,
Castle Rock, Colorado.
Approved, February 2, 1996.

Chicago

Firstbank of Illinois Co., Springfield, Illinois -to engage in consumer finance business through
Midcountry Financial, Inc., Highland, Illinois.
Permitted, January 30, 1996.

Richmond

James River Bankshares, Inc., Suffolk, Virginia -- to
acquire First Colonial Bank, F.S.B., Hopewell,
Virginia.
Approved, February 1, 1996.

Philadelphia

Keystone Financial, Inc., Harrisburg, Pennsylvania -waiver of a commitment.in connection with
acquisition of Elmwood Federal Savings Bank.
Granted, February 1, 1996.

St. Louis

Marine Bancorp, Inc., Springfield, Illinois -- to
acquire Marine Bank.
Approved, February 1, 1996.

Cleveland

Mellon Bank Corporation Pittsburgh, Pennsylvania -to acquire the trust business of KeyCorp,
Cleveland, Ohio, and engage in trust company
activities.
Approved, February 1, 1996.

H.2

J A N U A R Y 29,
PAGE 5

1996

TO

F E B R U A R Y 3, 1996

A C T I O N S TA K E N BY THE STAFF AND THE F E D E R A L R E S E R V E BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES
Atlanta

NGLI, Inc., Miami, Florida -- request for waiver of a
commitment.
Granted, February 1, 1996.

Dallas

Sabine Bancshares, Inc., Many, Louisiana -- to merge
with First Community Bancshares, Inc., Winnfield,
Louisiana, and Winn Bancshares, Inc., and acquire
First Community Bank.
Approved, February 1, 1996.

Chicago

Storm Lake Security Bancorporation, Storm Lake,
Iowa -- to acquire Security Trust & Savings Bank.
Approved, January 31, 1996.

Dallas

Texas Community Bancshares, inc. Dallas, Texas -- to
,
engage de novo in investment or financial advisory
services through Texas Financial Services, Inc.
Permitted, January 31, 1996.

Minneapolis

Traxshares, Inc., Le Center, Minnesota -- to engage
de novo in lending activities.
Permitted, February 1, 1996.

Chicago

Wells River Bancorp, Inc., Wellsville, Ohio -- to
acquire Perpetual Savings Bank.
Approved, February 2, 1996.

Cleveland

Whitaker Bank Corporation of Kentucky, Lexington,
Kentucky -- to acquire Mount Sterling National
Holding Corporation, Mount Sterling, Kentucky, and
its bank and nonbank subsidiaries.
Approved, February 1, 1996.

BANK MERGERS




Boston

Chittenden Acquisition Bank, Worcester, Massachusetts
-- to merge with Flagship Bank and Trust Company.
Approved, February 2, 1996.

Minneapolis

First Community Bank, Glasgow, Montana -- to merge
with Culbertson State Bank, Culbertson, Montana,
and to establish a branch.
Approved, February 1, 1996.

H.2

J A N U A R Y 29,
PAG E 6

1996

TO

F E B R U A R Y 3, 1996

A C T I O N S TAK E N BY THE STAFF AND THE F E D E R A L R E S E R V E B ANKS
UNDER DELEGATED AUTHORITY

BANK MERGERS
Kansas City

Vectra Bank, Denver, Colorado -- to merge with Vectra
Bank of Boulder, Boulder, Colorado.
Approved, February 1, 1996.

BANK PREMISES
Chicago

Bank One Springfield, Springfield, Illinois -investment in bank premises.
Returned, January 29, 1996.

Kansas City

Rocky Mountain State Bank, Rangely, Colorado -investment in bank premises.
Approved, January 30, 1996.

BANKS. STATE MEMBER
Minneapolis

Farmers and Merchants Bank, Huron, South Dakota -payment of a dividend.
Approved, January 30, 1996.

CAPITAL STOCK
Minneapolis

Kerkhoven Bancshares, Inc., Kerkhoven, Minnesota -redemption of shares.
Approved, February 2, 1996.

CHANGE IN BANK CONTROL




Dallas

Dawson Bancshares, Inc., Dawson, Texas -- change in
bank control.
Permitted, January 30, 1996.

Dallas

Las Cruces B.R.G., Inc., Las Cruces, New Mexico -change in bank control.
Permitted, February 1, 1996.

Chicago

Spencer Bancorporation, Inc. Employee Stock Ownership
Plan and Trust, Spencer, Wisconsin -- change in
bank control.
Permitted, January 31, 1996.

Dallas

Zapata Bancshares, Inc., Mercedes, Texas -- change in
bank control.
Permitted, February 1, 1996.

H.2

J A N U A R Y 29,
PAGE
7

1996

TO

F E B R U A R Y 3, 1996

A C T I O N S TAKEN BY THE S T A F F AND THE F E D E R A L R E S E R V E BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS




Cleveland

American Fidelity Bank, FSB, Harlan, Kentucky,
proposed merger with National City Bank, Kentucky,
Louisville, Kentucky -- report on competitive
factors.
Submitted, January 29, 1996.

St. Louis

Bank of Kirksville, Kirksville, Missouri, proposed
merger with Bank of Downing, Downing, Missouri-report on competitive factors.
Submitted, January 30, 1996.

Cleveland

Bank of Leipsic Company, Leipsic, Ohio, proposed
purchase of the assets and assumption of the
liabilities of the Leipsic, Ohio, branch of The
Ohio Bank, Findlay, Ohio -- report on competitive
factors.
Submitted, January 29, 1996.

Boston

Bank of Newport, Newport, Rhode Island, proposed
purchase of certain assets and assumption of
certain liabilities of the Barrington, Rhode
Island, branch of Shawmut Bank Connecticut, N.A.,
Hartford, Connecticut -- report on competitive
factors.
Submitted, January 31, 1996.

Boston

Bethel Savings Bank, F.S.B., Bethel, Maine, proposed
acquisition of the assets and assumption of the
liabilities of Brunswick Federal Savings, F.A.,
Brunswick, Maine -- report on competitive factors.
Submitted, January 31, 1996.

Dallas

Citizens State Bank, Royse City, Texas, proposed
merger with Benchmark Bank, Quinlan, Texas -report on competitive factors.
Submitted, January 30, 1996.

Atlanta

First Mercantile National Bank, Longwood, Florida,
proposed merger with First Mercantile Successor
Bank, Winter Haven, Florida -- report on
competitive factors.
Submitted, January 30, 1996.

H.2

J A N U A R Y 29,
PAGE
8

1996

TO

F E B R U A R Y 3,

1996

A C T I O N S T AKEN BY THE STAFF AND THE F E D E R A L R E S E R V E BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS




San Francisco

First Nationwide Bank, A Federal Savings Bank, San
Francisco, California, proposed merger with Home
Federal Savings and Loan Association of San
Francisco -- report on competitive factors.
Submitted, January 31, 1996.

Cleveland

Fort Jennings State Bank, Fort Jennings, Ohio,
proposed purchase of the assets and assumption of
the liabilities of the Columbus Grove, Ohio, branch
of The Ohio Bank, Findlay, Ohio -- report on
competitive factors.
Submitted, January 29, 1996.

Cleveland

K e n t u c k y E n t e r p r i s e S a v i n g s Bank/ Newport, K e n t u c k y ,
p r o p o s e d t r a n s f e r of a s s e t s to F i f t h T h i r d B a n c o r p
a n d i t s s u b s i d i a r y -- r e p o r t on c o m p e t i t i v e
factors.

Submitted, February 3, 1996.
Cleveland

Key Trust Company of Florida, National Association,
Naples, Florida, proposed purchase of certain
assets and assumption of certain liabilities of
Society First Federal Savings Bank, Fort Myers,
Florida -- report on competitive factors.
Submitted, January 29, 1996.

Boston

Mascoma Savings Bank, Lebanon, New Hampshire,
proposed acquisition of the assets and assumption
of the liabilities of Mascoma Mutual Holding
Corporation -- report on competitive factors.
Submitted, February 2, 1996.

St. Louis

Mercantile Bank of Illinois, Alton, Illinois,
proposed purchase of assets and assumption of
liabilities of Metro Savings Bank, F.S.B., Wood
River, Illinois -- report on competitive factors.
Submitted, January 30, 1996.

Chicago

Merchants National Bank of Terre Haute, Terre Haute,
Indiana, proposed merger with Indiana State Bank of
Terre Haute -- report on competitive factors.
Submitted, January 30, 1996.

H.2
JANUARY 29,
PAGE 9

1996

TO

FEBRUARY 3,

1996

A C T I O N S TAKEN BY THE STAFF A N D THE F E D E R A L RE S E R V E BANKS
UN D E R D E L E G A T E D A U T H O R I T Y

COMPETITIVE FACTORS REPORTS




Dallas

New Quinlan Corporation, Quinlan, Texas, proposed
merger with Citizens State Bank, Royse City,
Texas -- report on competitive factors.
Submitted, January 30, 1996.

Chicago

Parkway Bank and Trust Company, Harwood Heights,
Illinois, proposed merger with First State Bank of
Chicago, Chicago, Illinois -- report on competitiv
factors.
Submitted, January 30, 1996.

Secretary

Pioneer Federal Savings Bank, Honolulu, Hawaii,
proposed acquisition of certain assets and
assumption of certain liabilities of five branches
of U.S. Bank of Washington, N.A., Seattle,
Washington -- report on competitive factors.
Submitted, February 1, 1996.

Atlanta

Prime Bank of Central Florida, Titusville, Florida,
proposed merger with Prime Successor Bank, Winter
Haven, Florida -- report on competitive factors.
Submitted, January 30, 1996.

New York

Provident Savings Bank, F.A., Montebello, New York,
proposed purchase of the assets and assumption of
the liabilities of the Spring Valley, New York,
branch of MSB Bank, Middletown, New York -- report
on competitive factors.
Submitted, February 2, 1996.

Atlanta

Regions Financial Corporation, Birmingham, Alabama proposed acquisition of the assets and assumption
of the liabilities of First Federal Bank of
Northwest Georgia, Cedartown, Georgia -- report on
competitive factors.
Submitted, January 29, 1996.

H.2

J A N U A R Y 29,
PAGE 10

1996

TO

F E B R U A R Y 3,

1996

A C T I O N S T AKEN BY THE STAFF A ND THE FEDERAL RE S E R V E BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS
St. Louis

Union Planters Bank of East Arkansas, Earle,
Arkansas, proposed merger with First Bancshares of
Northeast Arkansas, Inc., Osceola, Arkansas
report on competitive factors.
Submitted, February 1, 1996.

Cleveland

United Bank, National Association, Bucyrus, Ohio,
proposed purchase of certain assets and assumption
of the liabilities of the Prospect and Waldo, Ohio
branches of National City Bank, Columbus, Columbus
Ohio -- report on competitive factors.
Submitted, January 29, 1996.

EXTENSIONS OF TIME




San Francisco

BankAmerica Corporation, San Francisco, California
extension to divest certain property.
Granted, January 30, 1996.

San Francisco

BankAmerica Corporation, San Francisco, California extensions to divest certain properties.
Granted, January 31, 1996.

St. Louis

Citizens Bank, Hartford, Kentucky -- extension to
August 31, 1996, to open a branch at 1051 North
Main Street, Beaver Dam, Kentucky.
Granted, February 1, 1996.

San Francisco

Dai-Ichi Kangyo Bank, Limited, Tokyo, Japan -extension to divest certain property.
Granted, January 30, 1996.

St. Louis

Southern Commercial Bank, St. Louis, Missouri -extension to August 8, 1996, to establish a branch
at 4433-4939 Meremac Bottom Road.
Granted, February 2, 1996.

H.2

J A N U A R Y 29,
PAGE 11

1996

TO.

F E B R U A R Y 3, 1996

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

INTERNATIONAL OPERATIONS
Secretary

U.S. National Bank of Oregon, Portland, Oregon - - to
establish a branch in Grand Cayman, British West
Indies.
Approved, January 31, 1996.

REGULATIONS AND POLICIES




Secretary

Federal Open Market Committee -- minutes of the
meeting on December 19, 1995.
Published, February 2, 1996.

FOMC

Short term interest rates -- decrease in federal
funds rate.
Approved, January 31, 1996.

H .2
J A N U A R Y 29,
PAGE 12

ADDITIONS AND CORRECTIONS
1996

TO

F E B R U A R Y 3,

1996

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

COMPETITIVE FACTORS REPORTS




Atlanta

Turnberry Financial Services, Inc., North Miami
Beach, Florida, proposed acquisition of the assets
and assumption of the liabilities of Turnberry
Savings and Loan Association -- report on
competitive factors.
Submitted, January 24, 1996.

Kansas City

Valley Bank and Trust Co., Scottsbluff, Nebraska,
proposed merger with Gering State Bank and Trust
Company, Gering, Nebraska -- report on competitive
factors.
Submitted, January 25, 1996.

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
Comment Period Ending Date

Application
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:
"0" - Outstanding; "S" - Satisfactory;
Improve; "SN" - Substantial Noncompliance.




"N" - Needs to

FEDERAL RESERVE BANK OF NEW YORK
Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
___________ Notice Only___________
None.
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None.
SECTION III
Nonbanking Applications
(subject to Federal Register Notice Only)
Dresdner Bank, Frankfurt, Germany, to acquire
RCM Capital Management, California Limited
Partnership, and RCM Capital Trust Company,
both of San Francisco, California, and
thereby to engage in investment advisory
and trust activities, and provision of
administrative services to certain mutual
funds.

N/A

SECTION IV
Applications Not Involving
______ Public Comment______
None.
SECTION v
Availability of CRA Public Evaluations
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following group:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its
resources and capabilities.




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

substantially deficient
to meet the credit needs
including low- and
a manner consistent with

Week Ending February 3. 1996
NAME OF BANK
Salamanca Trust Company
107 Main Street
Salamanca, New York 14779

h |N m
(| |

/
/
/

4/




RATING
Outstanding

EXAMINATION DATE
Sept. 11, 1995

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

F E D E R A L R E S E R V E B A N K O F P H IL A D E L P H IA

SECTION I - APPLICATIONS RECEIVED AND SUBJECT TO NEW SPAPER
NOTICE ONLY
Johnstow n B ank and T ru st Company. Johnstown, PA to acquire The A rm strong County
T ru st Company, K ittanning, PA, pursu an t to Section 18(c) of the Federal D eposit Insurance
Act.
N ew spaper com m ent period expires:
N/Avail
Founders Bank. Bryn Mawr, PA to establish a branch office a t 15 E. Gay Street, West
Chester, PA, p u rsu a n t to Section 9 o f the FR Act. (Expedited procedures).
Newspaper com m ent period expires:

02/18/96

A m bassador B ank of the Commonwealth. Allentown, PA to establish a branch office a t 1323
G rape Street, W hitehall, PA, pursuan t to Section 9 of the FR Act. (Expedited procedures).
Newspaper com m ent period expires:

02/29/96

SECTION II - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEW SPAPER
FEDERAL REGISTER NOTICE
NONE
SECTION II I - APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL
REGISTER NOTICE ONLY
United Valiev B ancorp. Philadelphia, PA requests p rio r approval to acquire a t least 50
percent of Eagle Valley Financial Services, Inc., Philadelphia, PA, and thereby engage in
m ortgage banking p u rsu an t to section 4(c)(8) of the BHC Act and section 225.25(b)(1) of
Regulation Y.
Federal Register com m ent period expires:
N/Avail
CoreStates Financial Corp. Philadelphia, Pennsylvania to engage in full-service brokerage
activities through its wholly owned subsidiary, CoreStates Securities Corp, p u rsu an t to
Section 4(c)(8) of the Bank Holding Company Act of 1956, as am ended and Section
225.25(b) (15) (ii) of Regulation Y.
Federal Register com m ent period expires:

02/21/96

SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL
REG ISTER NOTICE OR NEWSPAPER




NONE

F E D E R A L R E S E R V E B A N K O F P H IL A D E L P H IA

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
T he following institutions were examined for CRA. The 30-business day period the bank
has to m ake the evaluation public has lapsed during the week ending February 2, 1996.
Identification o f Ratings
In connection with the assessm ent of each insured depository institution’s C R A perform ance,
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 m eet the credit needs of its entire delineated community, including low- and
m oderate-incom e neighborhoods, in a m anner 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 m eet the
credit needs of its entire delineated community, including low- and m oderate-incom e
neighborhoods, in a m anner consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs.
A n institution in this group needs to improve its overall record of ascertaining and helping
to m eet the credit needs of its entire delineated community, including low- and m oderateincome neighborhoods, in a m anner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs.
A n institution in this group has a substantially deficient record of ascertaining and helping
to m eet the credit needs of its entire delineated community, including low- and m oderateincome neighborhoods, in a m anner consistent with its resources and capabilities.

Bank/Location

Examination D ate

C RA Rating

NONE

NONE

NONE




F ed er a l R eserv e B ank
of C leveland
P. O. BOX 6387
CLEVELAND, OHIO 44101-1387

APPLICATIONS BULLETIN
(For the week ending February 3, 1996)
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Received application from The Ohio Bank, Findlay, Ohio,
on December 18, 1995, of its intent to acquire 5 select offices
of Society National Bank, Cleveland, Ohio, and incident thereto
establish branch facilities.
SECTION

* Not Yet Known #

n - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL
REGISTER NOTICE
NONE

SECTION m - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
Received notice from PNC Bank Corp., Pittsburgh,
Pennsylvania, on February 1, 1996, of its intent to
engage in merchant transaction card processing through
a wholly-owned subsidiary, PNC Merchant Partner, Inc.
Received notice from First Commonwealth Financial
Corporation, Indiana, Pennsylvania, on January 29, 1996,
of its intent to acquire BSI Financial Services, In c.,
Titusville, Pennsylvania.

Not Yet Known#

February 20, 1996

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Received notice from Fifth Third Bank, Cincinnati, Ohio, of its intent to redeem up to
$135,000,000 subordinated promissory notes.

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



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
(February 2, 1996)

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 2,
1996. If you are interested in obtaining a copy of an evaluation document, please contact the
bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING: a bank in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
SATISFACTORY: a bank in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
NEEDS TO IM PRO V E: a bank in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
SUBSTANTIAL NON COM PLIANCE: a bank in this group has a substantially
deficient record of ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
The Commercial & Savings Bank Co
701 South Market Street
Danville, Ohio 43014
Rating: Outstanding
Exam Date: 11-06-95




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

Application

Comment Period Ending Date

None.

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

Comment Period Ending Date

Community Bankshaes, Inc., Orangeburg,
South Carolina, to acquire 100% of the
voting shares of Sumter National Bank,
Sumter, South Carolina (an organizing
bank).*

2-27-96

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

None.

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

♦Application is subject to CRA requirements.




Federal Reserve Bank of Richmond
Section V - Availability of CAR Public Evaluations
Week ending February 2, 1996
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 2, 1996
Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Compass Bank
02-10-96*
Birmingham, Alabama
To establish a branch located at 1003 Highway 72 East, Athens, Alabama,
known as the Athens East Branch.

to be

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

Comment Period Ending Date

Westside Financial Corporation
Not yet available*
Kennesaw, Georgia
To merge with Eastside Holding Corporation, Snellville, Georgia, and thereby
directly acquire The Eastside Bank & Trust Company, Snellville, Georgia, pursuant
to Section 3(a) (5) of the Bank Holding Company Act.
Section 3 - Applications Subject to Federal Register Only
Application

Comment Period Ending Date

The Tampa Banking Company
02-20-96
Tampa, Florida
To engage de novo, through its new subsidiary, Florida Investment Advisers, Inc.,
Tampa, Florida, in investment advisory services, pursuant to Section 225.25 (b) (4)
of Regulation Y.
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
1st United Bancorp
Boca Raton, Florida
Commitment waiver request.
Volunteer State Bancshares, Inc.
Portland, Tennessee
Commitment waiver request.

♦Subject to the provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending February 2. 1996
Section 10 - Availability of CRA Public Evaluations
The CRA public evaluations of the insured depository institutions listed below
became available during this week.
Information about an institution's CRA
evaluation may be obtained directly from the institution. In connection with the
assessment of an institution's CRA performance, a rating is assigned from the
following groups:
Outstanding record of meeting community credit needs:
An institution has an
outstanding record of, and is a leader in, ascertaining and helping to meet the
credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities.
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.

Bank
Barnett Bank of the Keys
Post Office Box 1299
Key West, Florida 33040
(305)292-3810




Rating
Outstanding

Examination
Date
05-08-95

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending February
Recently Approved Applications
NGLC, Inc.
Miami, Florida
Commitment waiver request.




2

.

1996

Approval Date
02-01-96

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

Type

Application

Branch

Comerica Bank
Detroit, Michigan
15455 Haggerty Road
Plymouth, Michigan

NP - **

Branch

Midwest Guaranty Bank
Troy, Michigan
37601 Five Mile Road
Livonia, Michigan

NP - 2-16-96

EFT

Comerica Bank
Detroit, Michigan
691 West Michigan
Saline, Michigan

NP - 1-27-96

Branch

Fifth Third Bank of Central Indiana
Indianapolis, Indiana
State Road 135 and Fry Road
Greenwood, Indiana

NP - 3-6-96

Branch

Fifth Third Bank of Central Indiana
Indianapolis, Indiana
1036 East 62nd Avenue
Indianapolis, Indiana
3100 Meridian Parke Drive
Greenwood, Indiana

NP - 2-27-96




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

Type

Application

Y-l

First Capital Bankshares, Inc.
Peoria, Illinois
First Capital Bank
Peoria, Illinois* (in organization)

Y-2

Evans Bancshares, Inc.
Evansdale, Iowa
Olmsted National Bank
Rochester, Minnesota* (in organization)

FR - 1-30-96
NP - 1-26-96

Y-l

Holcomb Bancorp,Inc. Employee Stock Ownership Plan
Holcomb, Illinois
Holcomb Bancorp, Inc.
Holcomb, Illinois
Holcomb State Bank
Holcomb, Illinois*

FR - 2-16-96
NP - **

Y-2

NBE Bancshares, Inc.
Earlville, Illinois
Pinnacle Bancshares, Inc
Paw Paw, Illinois
State Bank of Paw Paw
Paw Paw, Illinois*

Y-2

Y-2




Bank of Waunakee Stock Ownership Plan
Waunakee, Wisconsin
Waunakee Bank Shares, Inc.
Waunakee, Wisconsin
Bank of Waunakee
Waunakee, Wisconsin*
First Michigan Bank Corporation
Holland, Michigan
Arcadia Financial Corporation
Portage, Michigan
Arcadia Bank & Trust Company
Kalamazoo, Michigan*

FR - 2-2-96
NP - 1-22-96

FR - 2-20-96

NP - **

FR - 2-22-96

NP - **

FR - 2-26-96
NP - 2-22-96

Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper
Reeister Notice
Continued

Federal

Comment Period
Ending Date

Type.

Application

Y-2

Associated Banc-Corp
Green Bay, Wisconsin
Greater Columbia Bancshares, Inc.
Portage, Wisconsin
First National Bank of Portage
Portage, Wisconsin*’

FR - 2-2-96
NP - 2-3-96

Y-2

Associated Banc-Shares, Inc.
Madison, Wisconsin
Greater Columbia Bancshares, Inc.
Portage, Wisconsin
First National Bank of Portage
Portage, Wisconsin*

FR - 2-2-96
NP - 2-3-96

Y -l

Valley Comunity Bancorp, Inc.
St. Charles, Illinois
Valley Community Bank
St. Charles, Illinois* (in organization)

P R . **

COC

Lanark Bancshares, Inc.
Lanark, Illinois
Donald W. Gillfillan and
John H. Nelson

PR . **
jsjp . **

Y -l

Prairieland Employees Stock Ownership Plan
Bushnell, Illinois
Prairieland Bancorp, Inc.,
Bushnell, Illinois
Farmers & Merchants State Bank
Bushnell, Illinois

FR - 2-26-96
NP - 1-18-96

Y-2

Fidelity Company
Dyersville, Iowa
Valley State Bank
Guttenberg, Iowa* (in organization)

FR - 1-29-96
NP - 1-22-96

Y-2

Hamburg Financial, Inc.
Hamburg, Iowa
Thurman State Corporation
Lincoln, Nebraska
United National Bank of Iowa
Sidney, Iowa*

FR - 1-29-96
NP - 1-22-96




NP - 3-1-96

Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Onlv

Comment Period
Ending Date

Type

Application

4(c)(8)

Prairieland Employees Stock Ownership Plan
Bushnell, Illinois
to engage in making and servicing loans

FR - 2-26-96

4(c)(8)

Prairieland Employee Stock Ownership Plan
Bushnell, Illinois
to engage in providing tax services

FR - 2-26-96

4(c)(8)

Prairieland Bancorp, Inc.
Bushnell, Illinois
To engage in making and servicing loans

FR - 2-26-96




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

Type

Application

None

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




Federal Reserve Bank of Chicago
Section V - 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-day business day period the bank has to make the evaluation public
has lapsed during the week ending February 2, 1996. If you are interested in obtaining a copy o f the
evaluation document, please contact the bank(s) directly.
Identification of Ratines
O-

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

S-

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

NI -

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

SN -

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

BANK NAME/LOCATION

EXAMINATION DATE

RATINGS

LaSalle State Bank
654 1st Street
LaSalle, Illinois 61301-2438
(815) 223-8000

10/16/95

S

Pullman Bank of Commerce
& Industry
6100 North Northwest Highway
Chicago, Illinois 60631-2191
(312) 775-8000

10/10/95

S

The Home Trust & Savings Bank
628 Main Street
Osage, Iowa 50461-1308
(515) 732-3763




10/23/95

S

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING FEBRUARY 2, 1996

A d d !ication

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
End of Comment Period

None.

Application

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
End of Comment Period

*Section 3(a)(1) application by Heritage Financial
Corporation, Lawrenceville, Illinois, to acquire
Heritage National Bank, Lawrenceville, Illinois (a
converted thrift).

Newspaper: 3-2-96

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application
End of Comment Period
None.

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
End of Comment Period
None.*

*This application is subject to CRA.




FEDERAL RESERVE BANK O F ST. LOUIS
St. Louis, Missouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f meeting community credit needs
An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet
the credit needs o f its entire delineated community, including low- and moderate-income neighborhoods, in
a manner consistent with its resources and capabilities.
Satisfactory record o f meeting community credit needs
An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs
o f its entire delineated community, including low- and moderate- income neighborhoods, in a manner
consistent with its resources and capabilities.
Needs to improve record o f meeting 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 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 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.

FOR THE WEEK ENDING

Name of Bank

None




February 2, 1996

Bank Address

Examination
Date

Examination
Rating

F E D E R A L R E S E R V E B A N K O F M IN N E A P O L IS

Section I - Applications Subject to
Newspaper Notice Only
Comment Period
Ending Date

Application
Rocky Mountain Bank, Billings, Montana,
to establish a branch in Stevensville,
Montana.

February 20, 1996

Ravalli County Bank, Hamilton, Montana,
to establish a branch in Hamilton, Montana.

February 19, 1996

F&M Bank-Lakeland, Woodruff, Wisconsin,
for prior approval to merge with Bradley Bank,
Tomahawk, Wisconsin, and incident thereto,
establish two branches in Tomahawk, Wisconsin.

Not yet available

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

Application
Taylor Bancshares, Inc., North Mankato,
Minnesota, for prior approval to acquire 7.0% of
the voting shares of the First National Bank of
Fairfax, Fairfax, Minnesota.*

Not yet available

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

Application
Beulah Bancorporation, Inc., Sioux Falls,
South Dakota, to engage de novo in making
and servicing loans.




Comment Period
Ending Date
February 20, 1996

Lake Benton Bancorporation, Inc., Sioux Falls,
South Dakota, to engage de novo in making and
servicing loans.

February 20, 1996

Pembina County Bankshares, Ltd., Cavalier,
North Dakota, to engage de novo in making and
servicing loans.

February 20, 1996

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
St. Peter Agency, Inc., St. Peter,
Minnesota, to redeem 50% of its
voting shares.




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending February 2,1996
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.

BANKfS'l EXAMINED

DATE OF EXAMINATION

CRA RATING

First State Bank of Emmons
P.O. Box 28
Emmons, Minnesota
56029-0028
(507)297-5461

October 30, 1995

Satisfactory

Rocky Mountain Bank
P.O. Box 80450
Billings, Montana
59108-0450
(406)652-8877

October 23, 1995

Staisfactory




Federal Reserve Bank of Kansas City

SECTIO N T - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

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

COMMENT PERIOD ENDING DATE

1st Choice Financial Corporation, Greeley, Colorado,
for prior approval to become a bank holding company
through the acquisition of 100 percent of the voting
shares of 1st Choice Bank, Greeley, Colorado.*

Not Available

ComBankshares, Inc., Prairie Village, Kansas, for
prior approval to become a bank holding company
through the acquisition of 100 percent of the voting
shares of Community Bank, Chapman, Kansas.*

Not Available

Arthur W. Cousatte, Miami, Oklahoma, for prior
approval to acquire an additional 11 percent, for a total
of 30.49 percent, of the voting shares of Welch
Bancshares, Inc. .Welch, Oklahoma.

February 16, 1996

Helen W. Standridge Revocable Trust, Jerry G. and
Helen W. Standridge, Trustees, Chickasha, Oklahoma,
to retain a total of 0.02 percent, and Jerry G.
Standridge Revocable Trust, Jerry G. and Helen W.
Standridge, Trustees, to acquire an additional 0.26
percent, for a total of 10.22 percent, of the voting
shares of Chickasha Bancshares, Inc., Chickasha,
Oklahoma.

February 20, 1996

SECTIO N III - APPLICATIONS SUBJECT TO FEDERAL REGISTER N O TIC E ONLY
APPLICATION
None.




COMMENT PERIOD ENDING DATE

Federal Reserve Bank of Kansas City

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




Federal Reserve Bank of Kansas City

CRA
Ratine

Bank/Location

Exam Date

CRA Public
Date

Heritage Bank of St. Joseph
P.O. Box 7315
St. Joseph, Missouri 64507-7315

10/23/95

01/30/96

Satisfactory

Sac River Valley Bank
P.O. Box B
Stockton, Missouri 65785-0625

10/30/95

01/31/96

Satisfactory

Bank of Colorado-Front Range
P.O. Box 939
Windsor, Colorado 80550-0939

11/06/95

02/01/96

Outstanding

Platte Valley State Bank
P.O. Box 430
Kearney, Nebraska 68848-0430

10/23/95

02/01/96

Outstanding

*Application is subject to CRA.




FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN

APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF JANUARY 29, 1996
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

N O T I C E EXP

None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
Change in Control Notice by
Conrad Milton Newton, III, Dawson, TX, to acquire an
interest in Dawson Bancshares, Inc., Dawson, TX
(Resubmission)
(Previously reported during the week of 11-27-95)
Change in Control Notice by
Joe E. Sharp, Dallas, TX, to acquire an interest in
First Baird Bancshares, Inc., Baird, TX
(Resubmission)
(Previously reported during the week of 12-11-95)
Change in Control Notice by
Cruz Garza, George West, TX, to acquire
an interest in Charlotte Bancshares, Inc.,
Charlotte, TX
(Previously reported during the week of 1-8-96)

♦♦NOTICE EXP

96/01/25

96/02/07

96/02/13

Change in Control Notice by
William David Lacey, Waco, TX, to acquire an interest
in The Community Company, Waco, TX

N/A

♦Section 3(a)(3) application by
National Bancshares Corporation of Texas, Laredo, TX,
to acquire Corpus Christi Bancshares, Inc., Corpus
Christi, TX, and Citizens State Bank, Corpus Christi, TX

N/A

♦Section 3(a)(1) application by
City State Bancshares, Inc., Palacios, TX, to acquire
The City Bank of Palacios, Palacios, TX

N/A

♦Section 3(a)(1) application by
City State Bancshares, Inc. - Delaware, Dover, DE,
to acquire The City Bank of Palacios, Palacios, TX

N/A




♦Section 3(a)(3) application by
Caldwell Holding Company, Columbia, LA, to acquire
Citizens Progressive Bank, Columbia, LA

N/A

Change in Control Notice by
B. Joe Aday, Las Cruces, NM, to acquire an interest in
First Sierra Bancshares, Inc., Truth or Consequences, NM

N/A

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

NOTICE EXP

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

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




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF JANUARY 29. 1996

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

Date of
Examination

CRA Rating

Texas Bank
102 N. Main St.
P.0. Box 760
Weatherford, TX 76086

95/10/02

Outstanding




FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 2/02/96
Section I - Applications Subject to Newspaper Notice Only
A p p Iication

Comment Period Ending Date

Liberty Bank, South San Francisco, California,
to establish a branch office in the vicinity of
Highway 9 and Mill Street, Ben Lomond, California. *

Newspaper:

2/24/96

Section II - Applications Sub.iect to Both
Newspaper and Federal Register Notice
First Hawaiian, Inc., Honolulu, Hawaii, to
acquire Pacific One Bank, Portland, Oregon. *

1/30/96

Fed. Reg.:

M. Jeffrey, Bruce H., Paige P., and Kathryn E.
Qvale, San Francisco, California, to acquire an
additional 21.37 percent of Marin National Bancorp,
San Rafael, California. *

Newspaper:

2/02/96

Newspaper:

Not available

Fed, Reg.:

2/15/96

Section III -Applications Sub.iect to Federal Register Only
Capital Corp of the West, Merced, California, to
engage de novo, directly, in providing general
economic information and advice, general economic
statistical forecasting services and industry
studies and conducting financial feasibility
studies.

Fed. Reg.:

Not available

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

* Subject to CRA.



FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 2/02/96
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during the week
ending February 2, 1996. Information about a particular institution’s CRA evaluation
may be obtained directly from the institution.
Institution

Location

Examination Date

Western Security Bank

7401 E. Camelback Rd.
Scottsdale, AZ 85251-3508
(602) 947-9888

10/16/95

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:

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

Satisfactory record of meeting community credit needs:

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

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

Substantial noncompliance in meeting community credit needs:

A institution has a
n
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