The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
R £ s a W HUSRM«
ANNOUNCEMENT
BOARD OF GOVERNOR^ &
OF THE
,
FEDERAL RESERVE SYS t M '
Qa
H.2, 1993, No. 6
q UU Pm ^Actions of the Board, its Staff, and
r,
the Federal Reserve Banks;
t^i - ^ ^ ^ ^ p p l i o a t i o n s and Reports Received
OlEVtfe&ring the Week Ending February 6, 1993
ACTIONS TAKEN BY THE BOARD OF GOVERNORS
TESTIMONY AND STATEMENTS
Bank-related community development corporations —
statement by Mr. Garwood, Director, Division of
Consumer and Community Affairs, before the
Subcommittee on Financial Institutions Supervision,
Regulation and Deposit Insurance, of the House
Committee on Banking, Finance and Urban Affairs,
February 3, 1993.
Authorized, February 2, 1993.
BANK BRANCHES, DOMESTIC
Century Bank of Sterling, Sterling, Colorado —
request for review of approval by the Federal
Reserve Bank of Kansas City of the application to
establish a branch in Sterling, Colorado.
Denied, February 2, 1993.
BANK HOLDING COMPANIES
ONBANCorp, Inc., Syracuse, New York — request for
reconsideration of Board’s approval of application
to acquire The Merchants National Bank and Trust
Company of Syracuse, and Union National Bank,
Albany, New York.
Denied, February 2, 1993.
REGULATIONS AND POLICIES
Regulation E —
amendments to the Electronic Fund
Transfer Act to cover electronic benefit transfer
programs established by federal, state, or local
government agencies (R-0796).
Proposed, February 5, 1993.
H.2
FEBRUARY 1, 1993
PAGE 2
TO
FEBRUARY 5, 1993
ACTIONS TAKEN BY THE BOARD OF GOVERNORS
RESERVE BANK OPERATIONS
Federal Reserve Bank of Kansas City — renovation of
the Oklahoma City Branch, and delegation of
authority to the Director, Division, Reserve Bank
Operations and Payment Systems to approve certain
fees and budgets for 1993-1997.
Approved, February 4, 1993.
Federal Reserve Bank of New York —
leased space at 59 Maiden Lane.
Approved, February 4, 1993.
renovation of
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 HOLDING COMPANIES
St. Louis
Banterra Corporation, Eldorado, Illinois — to
acquire Blankenship Insurance Agency, Inc.
Approved, February 1, 1993.
Richmond
BB&T Financial Corporation, Wilson, North Carolina —
to acquire Security Financial Holding Company,
Durham, North Carolina.
Approved, February 4, 1993.
Kansas Lity
Cherokee County Banshares, Inc., Hulbert, Oklahoma —
to acquire First State Bank of Hulbert.
Withdrawn, February 1, 1993.
Atlanta
Commerce Bank Corporation, Winter Haven, Florida —
to acquire Commerce Bank of Central Florida.
Approved, February 1, 1993.
New York
Creditanstalt-Bankverein, Vienna, Austria — to
engage de novo in investment advisory activities
through a joint venture limited partnership,
Steinberg Assets Management Company, L.P., New
York, New York.
Withdrawn, February 5, 1993.
H.2
FEBRUARY 1, 1993
PAGE 3
TO
FEBRUARY 5, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK HOLDING COMPANIES
Dallas
First Abilene Bankshares, Inc., Abilene, Texas — to
engage de novo in discount securities brokerage
activities through First Financial Investments,
Inc.
Permitted, February 3, 1993.
San Francisco
First Community Financial Group, Inc., Lacey,
Washington — to engage de novo in mortgage
brokerage services through First Community
Mortgage, Inc.
Permitted, February 3, 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 3, 1993.
Dallas
First United Bank Group, Inc., Albuquerque, New
Mexico — to acquire United New Mexico Financial
Corporation; Ford Bank Group, Inc., Lubbock, Texas
First National Bank of Central Texas, Waco, Texas,
United New Mexico Credit Life Insurance Company,
Albuquerque, New Mexico, and United New Mexico
Trust Company, Albuquerque, New Mexico.
Approved, February 5, 1993.
Chicago
Garwin Bancorporation, Garwin, Iowa — to acquire
Garwin Insurance Agency, and engage in insurance
agency activities.
Approved, February 2, 1993.
Secretary
Key Bank of New York, Albany, New York, and National
Savings Bank of Albany, proposed merger with NSA
Bank — report on competitive factors.
Approved, February 2, 1993.
New York
Merchants New York Bancorp, New York, New York —
acquire Merchants Bank of New York.
Returned, February 1, 1993.
to
H.2
FEBRUARY 1, 1993
PAGE 4
TO
FEBRUARY 5, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK HOLDING COMPANIES
Chicago
Minowa Banshares, Inc., Decorah, Iowa — to acquire
Minnesota Bank, National Association, Caledonia,
Minnesota.
Returned, February 1, 1993.
Kansas City
Mountain Bancshares, Inc., Newport, Minnesota —
acquire Eagle Agency Inc., Golden Valley,
Minnesota.
Returned, February 1, 1993.
San Francisco
Security Bank Holding Company Employee Stock
Ownership Plan, Coos Bay, Oregon — to acquire
Security Bank Holding Company.
Approved, February 5, 1993.
New York
Societe Generale, Paris, France — to engage in
futures commission merchant and investment advisory
services in connection with the Nikkei stock
average futures contract and options.
Returned, February 2, 1993.
Secretary
SunTrust Banks, Inc., Atlanta, Georgia, and SunBanks,
Inc., Orlando, Florida — to acquire The Flagler
Bank Corporation, West Palm Beach, Florida, and
Flagler National Bank.
Approved, February 2, 1993.
New York
UJB Financial Corp., Princeton, New Jersey — to
engage de novo in securities brokerage activities
and investment and financial advisory services
through Richard Blackman & Co., Inc., Paramus, New
Jersey.
Permitted, February 4, 1993.
St. Louis
UniSouth Capital Corporation, Columbus, Mississippi - to acquire the successor to the merger of
UniSouth Banking Corporation with UniSouth Interim
Bank.
Approved, February 4, 1993.
Chicago
Van Buren Bancorporation, Keosauqua, Iowa —
engage in lending activities.
Returned, February 5, 1993.
to
to
H.2
FEBRUARY 1, 1993
PAGE 5
TO
FEBRUARY 5, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK HOLDING COMPANIES
*
Chicago
Van Buren Bancorporation Employee Stock Ownership
Plan, Keosauqua, Iowa — to acquire Van Buren
Bancorporation, and State Savings Bank, Cantril,
Iowa, and Farmers State Bank.
Returned, February 5, 1993.
Chicago
Van Diest Investment Company, Ankeny, Iowa — to
acquire Hamilton County Bancshares, Inc., Webster
City, Iowa, and First State Bank
Approved, February 2, 1993.
BANK MERGERS
St. Louis
UniSouth Bank, Columbus, Mississippi —
UniSouth Interim Bank.
Approved, February 5, 1993.
to merge with
BANK PREMISES
New York
Banco Popular de Puerto , Hato Rey, Puerto Rico —
investment in bank premises.
Approved, February 5, 1993.
St. Louis
First State Bank of Dongola, Dongola, Illinois —
investment in bank premises.
Approved, February 4, 1993.
Chicago
First State Bank of Maple Park, Maple Park,
Illinois — investment in bank premises.
Approved, February 4, 1993.
CAPITAL STOCK
St. Louis
Dearmin Bancorp, Inc., Odon, Indiana —
shares.
Returned, February 2, 1993.
Atlanta
Liberty Shares, Inc., Hinesville, Georgia —
redemption of shares.
Approved, February 4, 1993.
redemption of
H.2
FEBRUARY 1, 1993
PAGE 6
TO
FEBRUARY 5, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
COMPETITIVE FACTORS REPORTS
Secretary
Chase Manhattan Bank* N.A., New York, New York,
proposed purchase of certain of the assets and
assumption of certain liabilities of Financial
Federal Savings and Loan Association, Staten
Island, New York — report on competitive factors.
Submitted, February 4, 1993.
San Francisco
Clearlake National Bank, Clearlake? California,
proposed purchase of the assets and assumption of
the liabilities of the Clearlake branch of HomeFed
Bank, F.A., San Diego, California — report on
competitive factors.
Submitted, February 3, 1993.
Chicago
First National Bank and Trust Company of Rockford,
Rockford, Illinois, proposed merger with First Bank
of Loves Park, Loves Park; and First Bank of
Roscoe, Roscoe, Illinois — report on competitive
factors.
Submitted, February 3, 1993.
Atlanta
Guaranty National Bank of Tallahassee, Tallahassee,
Florida, proposed purchase of the Tallahassee,
Florida, branch of Anchor Savings Bank, FSB,
Hewlett, New York.
Submitted, February 1, 1993.
San Francisco
Household Bank, FSB, Newport Beach, California,
proposed purchase of the assets and assumption of
the liabilities of three branches of Custom Savings
Bank, FSB, Pikesville, Maryland — report on
competitive factors.
Submitted, February 3, 1993.
Chicago
NBD Bank, Wheaton, Illinois, proposed merger with NBD
Trust Company of Illinois, Evanston, Illinois —
report on competitive factors.
Submitted, February 2, 1993.
Dallas
New First City, Texas-Aransas Pass, NA, Aransas Pass,
Texas, proposed merger with Corpus Christi National
Bank, Corpus Christi, Texas — report on
competitive factors.
Submitted, February 3, 1993.
H.2
FEBRUARY 1, 1993
PAGE 7
TO
FEBRUARY 5, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
COMPETITIVE FACTORS REPORTS
Dallas
New First City, Texas-Austin, N.A., Austin, Texas,
proposed merger with New First City, Texas-San
Antonio, NA, San Antonio, Texas, and Frost National
Bank — report on competitive factors.
Submitted, February 3, 1993.
Dallas
New First City, Texas-San Angelo, NA, San Angelo,
Texas, proposed purchase of assets and assumption
of liabilities of First National Bank of Lubbock,
Lubbock, Texas — report on competitive factors.
Submitted, February 3, 1993.
Dallas
New First City, Texas - Lufkin, N.A., Lufkin, Texas,
proposed merger with Lufkin National Bank, Lufkin,
Texas — report on competitive factors.
Submitted, February 3, 1993.
Dallas
New First City, Texas - Tyler, N.A., Tyler, Texas,
proposed merger with Citizens First National Bank
of Tyler — report on competitive factors.
Submitted, February 3, 1993.
Dallas
New First City, Texas - Houston, NA, Houston, Texas,
proposed merger with Texas Commerce Bank, N.A. —
report on competitive factors.
Submitted, February 3, 1993.
Dallas
New First City, Texas - El Paso, NA, El Paso, Texas,
proposed merger with Texas Commerce Bank - El Paso,
N.A. — report on competitive factors.
Submitted, February 3, 1993.
Dallas
New First City, Texas - Midland, NA, Midland, Texas,
proposed merger with Texas Commerce Bank, Midland, N.A. — report on competitive factors.
Submitted, February 3, 1993.
Dallas
New First City, Texas - Dallas, N.A., Dallas, Texas,
proposed merger with Texas Commerce Bank, N.A. —
report on competitive factors.
Submitted, February 3, 1993.
H.2
FEBRUARY 1, 1993
PAGE 8
TO
FEBRUARY 5 , 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
COMPETITIVE FACTORS REPORTS
Richmond
Orangeburg National Bank, Orangeburg, South Carolina
proposed merger with Interim Orangeburg National
Bank — report on competitive factors.
Submitted, February 1, 1993.
Philadelphia
Portage National Bank, Portage, Pennsylvania,
proposed merger with Portage Interim National
Bank — report on competitive factors.
Siibmitted, February 2, 1993.
San Francisco
Transworld Bank, Sherman Oaks, California, proposed
purchase of the assets and assumption of the
liabilities of Premier Bank, Thousand Oaks,
California — report on competitive factors.
Submitted, February 3, 1993.
EXTENSIONS OF TIME
San Francisco
BankAmerica Corporation, San Francisco, California extension to divest certain property.
Granted, February 2, 1993.
Atlanta
First Autauga Bancshares, Inc., Montgomery, Alabama
- extension to May 12, 1993, to acquire CEE BEE
Corporation, Prattville, Alabama, and the Citizens
Bank.
Granted, February 4, 1993.
San Francisco
Wells Fargo & Company, San Francisco, California —
extensions to divest certain properties.
Granted, February 2, 1993.
INTERNATIONAL OPERATIONS
Director, BS&R
Bank of America National Trust & Savings Association
San Francisco, California — determination that
investment in KorAm, Seoul, Korea, may be treated
as a joint venture.
Permitted, February 5, 1993.
H.2
FEBRUARY 1, 1993
PAGE 9
TO
FEBRUARY 5, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
REGULATIONS AND POLICIES
Secretary
FOMC
Federal Open Market Committee — policy record for
the meeting of December 22, 1992.
Published, February 5, 1993.
H.2
FEBRUARY 1, 1993
PAGE 10
ADDITIONS AND CORRECTIONS
TO
FEBRUARY 5, 1993
ACTIONS TAKEN BY THE BOARD OF GOVERNORS
REGULATIONS AND POLICIES
Financial Accounting Standards Board — amendment to
the risk-based and leverage guidelines for deferred
tax assets (Docket R-0795).
Proposed, January 29, 1993.
Regulations H and Y — final rule for bank holding
companies and state member banks concerning
treatment of intangible assets for calculating
regulatory capital (Docket R-0748).
Approved, December 9, 1992.
ADDITIONS AND CORRECTIONS
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK BRANCHES, DOMESTIC
Chicago
Kingston State Bank, Kingston, Michigan — to
establish a branch at 4059 Huron Street, North
Branch, Michigan.
Returned, February 4, 1992.
ADDITIONS AND CORRECTIONS
H.2
FEBRUARY 1, 1993
PAGE 11
TO
FEBRUARY 5, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK HOLDING COMPANIES
Chicago
Columbus Bancorp, Inc., Indianapolis, Indiana —
engage de novo in lending activities.
Returned, January 29, 1993.
to
Chicago
Columbus Bancorp, Inc., Indianapolis, Indiana — to
invest in low income housing through Gardenview
Limited Partnership, an Indiana Limited
Partnership, Corunna, Indiana.
Returned, January 29, 1993.
Chicago
First Colonial Bankshares Corporation, Chicago,
Illinois — to acquire Hi-Bancorp, Inc., Highwood,
Illinois, and Bank of Highwood; GNP Bancorp, Inc.,
Mundelein, Illinois, and New Century Bank.
Returned, January 29, 1993.
Chicago
Salin Bancshares, Inc., Indianapolis, Indiana —
engage de novo in lending activities.
Returned, January 29, 1993.
to
CAPITAL STOCK
Chicago
Security Bancorp, Stanton, Iowa —
shares.
Returned, January 29, 1993.
redemption of
CHANGE IN BANK CONTROL
Chicago
First Business Bancshares, Inc., Madison, Wisconsin
~ change in bank control.
Returned, January 29, 1993.
FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
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
Bank of Boston Corp.,
Boston, Massachusetts section 3(a) (3)/3(a) (5)
application to acquire
Society for Savings
Bancorp, Inc., Hartford,
Connecticut*
Newspaper 02-18-93
Federal Register 02-25-93
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
♦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
Rating*
"N"
Federal Reserve Bank of New York
Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
__________ Notice Only___________
Salamanca Trust Company, Salamanca, New York, to purchase the
assets and assume the liabilities of a branch of Chemical Bank,
60 West Main Street, Alleghany, New York, first to be purchased
by and then immediately resold by Fleet Bank of New York,
Albany, New York.l/
3/2/93
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None.
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
Bankers Trust New York Corporation, New York, New York,
The Chase Manhattan Corporation, New York, New York, Chemical
Banking Corporation, New York, New York, Citicorp, New York,
New York, First Chicago Corporation, Chicago, Illinois, and
J.P. Morgan & Co., Incorporated, New York, New York to acquire
directly or indirectly an interest in Government Pricing
Information System, Inc., and engage in data processing and
transmission services with respect to government securities
prices.
2/25/93
Bankers Trust New York Corporation, New York, New York, to
engage de novo indirectly through a limited purpose state
chartered trust company subsidiary, Bankers Trust Company
Connecticut Ltd., Greenwich, Connecticut, in trust company
functions.
2/19/93
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 9. 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
Meridian Bank, Reading, PA to establish a remote
service facility to be located at the Easton
Hospital, 250 South 21st Street, Easton, Pennsylvania,
pursuant to § 9 of the FR Act.
3/1/93
SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND
FEDERAL REGISTER NOTICE
Comment Period Ending Date
NONE.
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Comment Period Ending Date
NONE.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
NONE.
If 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 5, 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
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining and helping
to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and
capabilities•
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascertaining
and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascertaining
and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Bank/Location
Examination Date
NONE.
CRA Rating
Federal Reserve Bank of Cleveland
Applications Bulletin
For Week Ending February 6, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
Received OAKAR application from Mid Am,
Inc., Bowling Green, Ohio, on January 8,
1993, to acquire branch offices of Home
Savings of America, F.S.B., Irwindale,
California, located in Marion and Upper
Sandusky, Ohio.
* February 10, 1993
Received OAKAR application from CoBancorp,
Inc., Elyria, Ohio, on January 29, 1993,
to purchase the assets and assume the
liabilities of the Delaware, Ohio, branch
of Home Savings of America, FSB, Irwindale,
California
* Not Yet Known #
Received Section 18(c) application on
January 29, 1993, from Premier Bank & Trust
(f.k.a. Lorain County) Bank, Elyria, Ohio,
to acquire the Delaware, Ohio, branch of
Home Savings of America, FSB, Irwindale,
California.
* Not Yet Known #
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER 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.
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Received Section 4 ( c ) (8) notice from Mellon
Bank Corporation, Pittsburgh, Pennsylvania,
on January 26, 1993, of its intent to engage
de novo in permissible securities brokerage
and investment activities through InvestNet
Corportion, Pittsburgh, Pennsylvania.
February 19, 1993
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL
REGISTER NOTICE OR NEWSPAPER NOTICE
Received request Premier Bank & Trust (f.k.a. Lorain County)
Bank, Elyria, Ohio, on January 29, 1993, for permission to
exceed its limit of investment in bank premises permitted
under Section 24A of the Federal Reserve Act.
AVAILABILITY OF CRA PUBLIC EVALUATIONS
(February 5, 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 5,
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
Federal Reserve Bank of Richmond
Section I - Applications Subject to Newspaper
Notice Only
Application
Comment Period Ending Date
Bruceton Bank, Bruceton Mills, West
Virginia, to establish an electronic
funds transfer facility at 1766
Mileground Road, Morgantown, West
Virginia.*
2-23-93
Bruceton Bank, Bruceton Mills, West
Virginia, to establish an electronic
funds transfer facility at the inter
section of State Route 857 and Inter
state 68, Morgantown, West Virginia.*
2-23-93
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
Application
Comment Period Ending Date
Union Bancorp, Inc., Bowling Green,
Virginia, to engage in full-service
securities brokerage activities.
2-19-93**
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
None.
*Application is subject to CRA requirements.
**Expiration of comment period specified in the Federal Register.
Federal Reserve Bank of Richmond
Availability of CRA Public Evaluations
Week ending February 5, 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____
Rating
Resource Bank
3720 Virginia Beach Boulevard
Virginia Beach, Virginia 23452
10-13-92
Needs to improve.
F & M Bank - Blakeley Inc.
Post Office Box 40
Ranson, West Virginia 25438
11-16-92
Satisfactory.
F 6e M Bank-Broadway
Post Office Box 575
Broadway, Virginia 22815-0575
11-16-92
Satisfactory.
Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending February 5. 1993
Section 1 - Applications Subject to Newspaper Notice OnlyApplication
Comment Period Ending Date
SouthTrust Corporation
Birmingham, Alabama
Along with SouthTrust Bank, FSB,
Concord, North Carolina, to acquire
the assets and assume the liabilities
of the Charlotte, North Carolina,
branch of SouthTrust Bank of North
Carolina, N.A., Raleigh, North
Carolina, pursuant to Section 5(d)(3)
of the Federal Deposit Insurance Act,
as amended by the Federal Deposit
Insurance Corporation Act of 1991.
03-08-93*
Guaranty Bank of Southwest Florida
Venice, Florida
To establish a branch located at 275
South Tamiami Trail, Venice, Florida,
to be known as the Downtown Venice Branch.
02-28-93*
SouthTrust Bank of West Florida
St. Petersburg, Florida
To merge with Gulf Bank of Dunedin,
Dunedin, Florida, pursuant to Section 18(c)
of the Federal Deposit Insurance Act.
02-21-93*
Trust Company Bank
Atlanta, Georgia
To establish an off-site ATM located at
1133 Eagles Landing Parkway, Stockbridge,
Georgia.
02-11-93*
♦Subject to Provisions of the Community Reinvestment Act.
Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending February 5. 1993
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Comment Period Ending Date
FirstBanc Holding Company
Robertsdale, Alabama
Change in control by Willard Belton
Simmons, Jr., to acquire an additional
7.19 percent of the outstanding shares
of common stock.
Total ownership will
equal 25.85 percent.
01-19-93*
Federal Register
First Linden Bancshares, Inc.
Linden, Alabama
1-BHC formation, First Bank of Linden,
Linden, Alabama.
02-16-93*
Newspaper
Section 3 - Applications Subject
Register Only
Application
to Federal
Comment Period Ending Date
Bank South Corporation
Atlanta, Georgia
To acquire Bank South Securities,
Inc., Atlanta, Georgia, through a
corporate reorganization, pursuant
to Section 225.23 of Regulation Y
and Section 20 of the Glass-Steagall Act.
02-19-93
SunTrust Banks, Inc.
Atlanta, Georgia
To acquire Coast Bank, FSB, Sarasota,
Florida, pursuant to Section 4 ( c ) (8)
of the Bank Holding Company Act.
01-15-93
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 5. 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
None.
Rating
Date
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
_ **
Oakar
State Financial Services Corporation
Hales Corners, Wisconsin
Waukesha, Wisconsin branch of North
Shore Bank, FSB
Brookfield, Wisconsin*
N
- 1-27-93
EFT
First of America Bank - Ann Arbor
Ann Arbor, Michigan
Eastern Eatery
7 Ann Street
Ypsilanti, Michigan*
N
_ **
EFT
First of America Bank - Ann Arbor
Ann Arbor, Michigan
Eastern Michigan University
850 West Cross Street
Ypsilanti, Michigan*
N
_ **
Branch
Old Kent Bank and Trust Company
Grand Rapids, Michigan
6210 Kalamazoo Avenue
Kentwood, Michigan*
N
-
2-5-93
Oakar
Ida Grove Bancshares, Inc.
Ida Grove, Iowa
Denison Office of First Federal
Savings and Loan Association
Storm Lake, Iowa*
N
-
2-15-93
EFT
Chemical Bank and Trust Company
Midland, Michigan
4787 Fashion Square Mall
Saginaw, Michigan*
N
mm
Oakar
Guaranty Financial, M.H.C.
Milwaukee, Wisconsin
Guaranty Bank, S.S.B.
Milwaukee, Wisconsin*
N
- 2-5-93
★★
Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only
(Continued)
Comment Period
Ending Date
Type
Application
Branch
First of America Bank-Central
Lansing, Michigan
Delta Retirement Center
201 S. Mall Drive
Delta Township, Michigan
N
-
Branch
First of America Bank-Central
Lansing, Michigan*
Great Lakes Christian Retirement Home
2050 S. Washington Street
Delhi Township, Michigan*
N
-
Membership
First Bank & Trust Co.
Glidden, Iowa
To become a member of the Federal
Reserve System*
N
- 2-1-93
Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newsoaot
Register Notice
and Federal
Comment Period
Ending Date
Type
Application
Y-2
First Colonial Bankshares Corporation
Chicago, Illinois
Hi-Bancorp, Inc.
Highwood, Illinois
Bank of Highwood
Highwood, Illinois
GNP Bancorp, Inc.
Mundelein, Illinois
New 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
Y-l
ABC Employee Stock Ownership Plan
Anchor, Illinois
Anchor Bancorporation, Inc.
Farmer City, Illinois
Anchor State Bank
Anchor, Illinois*
FR - 2-16-93
N - 1-28-93
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 - 2-11-93
N - 2-13-93
Y-2
Midstates Bancshares, Inc.
Missouri Valley, Iowa
Peoples National Bank
Avoca, Iowa*
FR N -
Y-l
ISB Bancshares, Inc.
Ipava, Illinois
Ipava State Bank
Ipava, Illinois*
FR - 2-16-93
N - 2-6-93
2-5-93
1-3-93
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
LeRoy C. Darby, Inc.
Monona, Iowa
Keystone Bancshares, Inc.
Monona, Iowa
Peoples State Bank
Elkader, Iowa*
FR N -
Y-l
Van Buren Bancorporation Employee
Stock Ownership Plan
Keosauqua, Iowa
Van Buren Bancorporation
Keosauqua, Iowa
State Savings Bank
Cantril, Iowa
Farmers State Bank
Keosauqua, Iowa*
FR - 2-5-93
N - 2-1-93
Y—l
Guaranty Financial, M.H.C.
Milwaukee, Wisconsin
Guaranty Bank, S.S.B.
Milwaukee, Wisconsin*
FR - 12-14-92
N 2-5-93
Y-2
F.N.B.C. of La Grange, Inc.
La Grange, Illinois
Mokena State Bank
Mokena, Illinois*
FR - 2-16-93
N - 2-10-93
Y-2
Hawkeye Bancorporation
Des Moines, Iowa
First Dubuque Corp.
Dubuque, Iowa
First National Bank of Dubuque
Dubuque, Iowa*
FR - 2-16-93
N - 2-8-93
2-5-93
2-25-93
Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newsoaot
Register Notice
(Continued)
and Federal
Comment Period
Ending Date
Type
Application
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
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
COC-HC
Premier Financial Services, Inc.
Freeport, Illinois
James M. Flanagan
FR - **
CoC-HC
First Business Bancshares, Inc.
Madison, Wisconsin
William T. Graham
FR - 2-22-93
Y-l
Bourbonnais Bancorp, Inc.
Wheaton, Illinois
Bank of Bourbonnais
Bourbonnais, Illinois*
FR N -
2-26-93
**
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
**
Federal Reserve Bank of Chicago
Type
Section II - Applications Subject to Both Newspaper and Federal
Register Notice
(Continued)
Comment Period
Ending Date
Application
Y-2
FBOP Corporation
Oak Park, Illinois
Drovers Bank
Lake Jackson, Texas (in organization)*
FR - **
N - **
Y-2
Firstar Corporation
Milwaukee, Wisconsin
Metro Bancorporation
Waterloo, Iowa
The Waterloo Savings Bank
Waterloo, Iowa*
FR - 2-26-93
N - **
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 - **
Y-l
Oostburg Bancorp, Inc.
Oostburg, Wisconsin
Oostburg State Bank
Oostburg, Wisconsin*
FR - **
N - 3-8-93
1-21-93
2-23-93
Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only
Comment Period
Ending Date
Type
Application
Y-4
Bank of Montreal
Montreal, Canada
Harris Futures Corporation
Chicago, Illinois
FR - 2-10-93
Y-4
Bankmont Financial Corp.
New York, New York
Harris Futures Corporation
Chicago, Illinois
FR - 2-10-93
Y-4
Harris Bankcorp, Inc.
Chicago, Illinois
Harris Futures Corporation
Chicago, Illinois
FR - 2-10-93
Y-4
Northern Trust Corporation
Chicago, Illinois
Northern Futures Corporation
Chicago, Illinois— Execute and clear
commodity futures contracts
FR - **
Y-4
Caisse Nationale de Credit Agricole
Paris, France
UI USA, Inc.
New York, New York
FR - 2-11-93
4(c)(8)
Comerica Incorporated
Detroit, Michigan
ComeriComp, Incorporated
Detroit, Michigan
FR - **
4(c)(8)
Beaman Bancshares, Inc.
Beaman, Iowa
Beaman Insurance Agency, Inc.
Beaman, Iowa
FR -
Y-4
Van Buren Bancorporation
Keosauqua, Iowa
Making and servicing loans
FR - 2-5-93
2-1-93
Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only
(Continued)
Comment Period
Ending Date
Type
Application
4(c)(8)
Amcore Financial, Inc.
Rockford, Illinois
Amcore Investment Banking, Inc.
Rockford, Illinois - investment and
financial advisory services
FR - **
4(c)(8)
Community Banc-Corp of Sheboygan, Inc.
Sheboygan, Wisconsin
G & H Insurance Agency
Sheboygan, Wisconsin - selling insurance
and other financial services
FR - 2-5-93
Y-4
Caisse Nationale de Credit Agricole
FR Paris, France
Credit Agricole Securities, Inc.
New York, New York — Securities brokerage
services
Y-4
First Chicago Corporation
FR - **
Chicago, Illinois
Government Pricing Information System, Inc.
New York, New 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)
Columbus Bancorp, Inc.
Indianapolis, Indiana
Gardenview Limited Partnership, an
Indiana Limited Partnership
Corunna, Indiana - CDC
FR - **
4(c) (8)
Columbus Bancorp, Inc.
Indianapolis, Indiana
Making and servicing loans or other
extensions of credit for the company's
account
FR - 2-19-93
2-11-93
Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only
lContinued)
Comment Period
Ending Date
Type
Application
4(c)(8)
Salin Bancshares, Inc.
Indianapolis, Indiana
Making and servicing of loans or
other extensions of credit for the
company's account
FR - 2-19-93
4(c)(8)
Michigan National Corporation
Farmington Hills, Michigan
Independence One Financial Institutions
Consulting, Inc.
Farmington Hills, Michigan
FR - **
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 IV - Applications Not Subject to Federal Register or Newspaper
Notice
Type
Application
RoS
NFC, Inc.
Waukon, Iowa
To redeem 2,500 shares (92.86%) of its common stock
N
FR
*
**
-
Newspaper
Federal Register
Subject to Provisions of Community Reinvestment Act
Not available at this time
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 05,
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.
EXAMINATION DATE
BANK NAME/LOCATION
RATINGS
-Lapeer County Bank & Trust Co.
83 West Nepessing Street
Lapeer, Michigan
48446
(313) 664-2977
10/26/92
S
-Home Trust and Savings Bank
P.O. Box 150
Osage, Iowa
50461
(515) 723-8763
11/02/92
S
-Hinsbrook Bank and Trust
6262 South Route 83, Box 121
Willowbrook, Illinois
60514
(708) 655-2700
10/26/92
S
-Farmers State Bank
602 Main, Box 288
Poysippi, Wisconsin
(414) 987-5131
10/26/92
S
54927
Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING FEBRUARY 5, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application
End of Comment Period
None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Application
End of Comment Period
♦Section 3(a)(3) application by CNB
Bancshares, Inc., Evansville, Indiana
to acquire South Central Illinois
Bancorp, Inc., Effingham, Illinois
Newspaper:
3-4-93
♦Section 3(a)(3) application by CNB
Bancshares, Inc., Evansville, Indiana
to acquire First Corporation, Henderson,
Kentucky
Newspaper:
3-4-93
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
Not yet available
Section 4(c)(8) application by CNB
Bancshares, Inc., Evansville, Indiana
to indirectly acquire Peoples Security
Investment, Inc., Madisonville, Kentucky
Not yet available
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 OF ST. LOUIS
St. Louis, Missouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f m eeting community credit needs
A n institution in this group has an outstanding record of, and is a leader in, ascertaining and helping
to meet the credit needs o f its entire delineated community, including 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
A n institution in this group has a satisfactory record o f ascertaining and helping to meet the credit
needs o f its entire delineated community, including tow- and moderate- incom e neighborhoods, in a
manner consistent with its resources and capabilities.
Needs to im prove record o f m eeting community credit needs
A n institution in this group needs to improve its overall record o f ascertaining and helping to meet
the credit needs o f its entire delineated community, including low - and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Substantial noncom pliance in meeting community credit needs
A n institution in this group has a substantially deficient record o f ascertaining and helping to meet
the credit needs o f its entire delineated community, including low - and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
FOR THE WEEK ENDING
Name of Bank
None
February 5, 1993
Bank Address
Examination
Date
Examination
Rating
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
Kempton and Grace Spooner
Revocable Trust
To acquire 50% of the voting
shares of Gilman Corporation,
Exeland, WI
2-25-93
Community Bank Group, Inc.
Eden Prairie, MN
To acquire, via merger, 100%
of Cleveland Bancshares, Inc.,
Cleveland, MN*
Not yet available
Oliver Bancorporation, Inc.
Center, ND
To acquire 100% of the voting
shares of Security State Bank
of New Salem, New Salem, ND*
3-5-93
(Newspaper)
Section III - Applications Subject
to Federal Register Notice Only
Comment Period
Ending Date
Application
Marquette Bancshares, Inc.
Mpls, MN
To engage in acting as an in
vestment advisor and providing
securities brokerage services
through the acquisition of
Marquette Fund Advisors, Inc.,
Minneapolis, MN
Not yet available
* Subject to CRA
t
-
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section III - Applications Subject
to Federal Register Notice Only (Continued)
Comment Period
Endincr Date
ADplication
Norwest Corporation
Mpls, MN
To acquire the insurance agency
book of business from Merchants
& Miners State Bank of Hibbing,
Hibbing, MN
2-19-93
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 5, 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
None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
COMMENT PERIOD ENDING DATE
Fourth Financial Corporation,
Wichita, Kansas, for prior approval
to acquire 100 percent of the voting
shares of Guaranty Bank & Trust Co.,
Tulsa, Oklahoma.*
Not Available
Northwest Sooner Bancshares, Inc.,
Okarche, Oklahoma, for prior approval
to become a bank holding company
through the acquisition of at least
80 percent of the voting share of
Community National Bank of Okarche,
Okarche, Oklahoma.*
Not Available
BOK Financial Corporation, Tulsa,
Oklahoma, for prior approval to
acquire 100 percent of the voting
shares of Sand Springs Bancshares,
Sand Springs, Oklahoma.*
Not Available
BOK Financial Corporation, Tulsa,
Oklahoma, for prior approval to
acquire 100 percent of the voting
shares of Brookside Bancshares,
Tulsa, Oklahoma.*
Not Available
James Plate, Harrisburg, Nebraska,
for prior approval to increase his
ownership in Banner County Ban
Corporation, Harrisburg, Nebraska,
from 9.93 percent to 36.42 percent.
Not Available
FirstBank Holding Company of
Colorado, Lakewood, Colorado, for
prior approval to acquire 100 percent
of the voting shares of FirstBank of
Fort Collins, Fort Collins,
Colorado.*
Not Available
Federal Reserve Bank of Kansas City
SECTION III — APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION
COMMENT PERIOD ENDING DATE
None.
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.
Federal Reserve Bank of Kansas City
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.
CRA
Rating
Bank/Location
Exam Date
CRA Public
Date
Chemical Bank
P.0. Box 255
Sweet Springs, MO
11-16-92
02-01-93
Satisfactory
11-16-92
The Bank of Commerce
P.O. box 128
Wetumka, Oklahoma 74883-0128
02-01-93
Satisfactory
65351-1346
*Application is subject to CRA
FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF FEBRUARY 1, 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
Change in Control Notice by
Dudley K. Montgomery, Pecos, TX, to acquire an interest
in The Security State Bank of Pecos, Pecos, TX
(Previously reported during the week of 1-18-92)
♦Section 3(a)(3) application by
First Amarillo Bancorporation, Inc., Amarillo, TX,
to acquire The Bank of New Mexico Holding Company,
Albuquerque, NM
(Previously reported during the week of 1-11-93)
93/02/22
93/01/27
♦Section 3(a)(1) application by
The Country Bancshares, Inc., Charlotte, TX, to acquire
The Country Bank, Charlotte, TX
N/A
Change in Control Notice by
Anita Herren; Robert W. Herren Marital Trust; Robert W.
Herren Residuary Trust, Haskell, TX, to acquire an interest
in Haskell Bancshares, Inc., Haskell, TX
N/A
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION
NOTICE EXP
None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None.
* SUBJECT TO CRA.
** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY.
N/A - NOT AVAILABLE AT THIS TIME.
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF FEBRUARY 1, 1993
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding
leader in, ascertaining and helping to meet the
entire
delineated community, including
lowneighborhoods,
in a manner
consistent with
capabilities.
record of, and is a
credit needs of its
and
moderate-income
its
resources
and
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
Alice Bank of Texas
601 East Main Street
P. 0. Box 1790
Alice, Texas 78333
92/10/26
Satisfactory
Crowell State Bank
P. 0. Box 359
Crowell, Texas 79227
92/11/02
Satisfactory
Watauga State Bank
5744 Watauga Rd.
P. 0. Box 48100
Watauga, Texas 76148
92/11/09
Satisfactory
CRA Rating
FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 2/05/93
Section I - Applications Sub.iect to Newspaper Notice Only
Application
Comment Period Ending Date
Westside Bank, Tracy, California, to become
a member of the Federal Reserve System. *
Newspaper: Not Yet Published
Section II - Applications Sub.iect to Both
Newspaper and Federal Register Notice
Application
Comment Period Ending Date
Inland Northwest Bancorporation, Inc.,
Spokane, Washington, to become a bank
hoidling company by acquiring Inland
Northwest Bank, Spokane, Washington. *
Fed. Reg.:
Not Available
Newspaper:
12/06/92
Section III - Applications Subject to Federal Register Notice Only
Application
Comment Period Ending Date
None
Section IV - Applications Not Sub.iect to Federal Register Notice
or Newspaper Notice
None
★ Subject to CRA
FEDERAL RESERVE BANK OF SAN FRANCISCO (cont’d.)
Week ending 2/05/93
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending February 5, 1993. Information about a particular
institution’s CRA evaluation may be obtained directly from the institution.
Institution
Pacific Inland Bank
Location
888 South West St.
Suite 100
Anaheim, CA 92802
(714) 535-2210
Examination Date
Rating*
12/16/93
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.
@FedFRASER