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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1986 No. 2 Actions of the Board Applications and Reports Received During the W e e k Ending January 11, 1986 APPLICABLE RESERVE BANK ACTIONS OF THE BOARD Interpretation to Regulation G applying margin requirements to a limited class of debt securities that are sometimes issued to obtain credit for the purchase of margin stock in corporate takeovers. (Docket R-0562) Boston The Connecticut Bank and Trust Company, National Association, Hartford, Connecticut, proposed purchase of assets and assumption of deposit liabilities of the Burlington, Connecticut, office of Bristol Savings Bank, Bristol, Connecticut — report to the Comptroller of the Currency on competitive factors. 1/ Boston Finest Financial C o r p . , Pelham, N ew Hampshire — extension of time to March 31, 1986, within which to become a bank holding company through the acquisition of Pelham Bank and Trust Company. 1/ New York First Fidelity Bancorporation, Newark, New Jersey — extension of time to April 6, 1986, within which to acouire First Fidelitv Bank, Princeton, New Jersey. 1/ Richmond Southern National Bank of North Carolina, Lumberton, North Carolina, proposed acquisition of assets and assumption of liabilities of two branch offices of First Union National Bank, Charlotte, North Carolina — report to the Comptroller of the Currency on competitive factors. 1/ Richmond NCNB National Bank of North Carolina, 1/ Application processed on behalf of the Board ofGovernors under delegated authority. H.2, 1986 No. 2 2 ACTIONS OF THE BOARD - Continued Charlotte, North Carolina, proposed acquisition of assets and assumption of liabilities of a branch office of First Union National Bank — report to the Comptroller of the Currency on competitive factors. 1/ Richmond Financial Management Bancshares of West Virginia, Morgantown, West Virginia — extension of time to April 24, 1986, within which to acquire The First National Bank of Terra Alta, Terra Alta, West Virginia. 1/ Richmond First Bank, Troy, North Carolina, proposed purchase of assets and assumption of liabilities of four offices of First Union National Rank, Charlotte, North Carolina — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Richmond NCNB National Bank of North Carolina, Charlotte, North Carolina, proposed purchase of assets and assumption of liabilities of seven offices of First American Savings Bank, F.S.B., Greensboro, North Carolina — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Richmond Branch Banking and Trust Company, Wilson, North Carolina, proposed purchase of assets and assumption of liabilities of six offices of First Union National Bank, Charlotte, North Carolina — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Atlanta Gulf & Western Southern Financial Corporation, Fort M v e r s , Florida — extension of time to April 9, 1986, within which to become a bank holding company through acquisition of the National Bank of Lee County. 1/ Atlanta Boca Bancshares, Inc., Boca Raton, Florida — extension of time to March 29, 1986, within which to become a bank holding company through acquisition of Boca Bank. 1/ Atlanta Cayman Investment Company (Delta), George Town, Grand Cayman, and Delta South Bancorp, Inc., Delaware — extension of time to April 11, 1986, within which to become bank holding If Application processed on behalf of the Board ofGovernors under delegated authority. H.2, 1986 No. 2 3 ACTIONS OF THE BOARD - Continued companies through acquisition of Delta National Bank and Trust Company of Florida, Miami, Florida. 1/ Atlanta Public Bank Corporation, St. Cloud, Florida — extension of time to April 10, 1986, within which to become a bank holding company through acquisition of Public Bank of Osceola C o u n t y . 1/ Atlanta Canebrake Bancshares, Inc., Uniontown, Alabama — extension of time to April 4, 1986, within which to become a bank holding company through acquisition of Canebrake Bank. 1/ Atlanta Hibernia Corporation, Mew Orleans, Louisiana — extension of time to May 5, 1986, within which to acquire through merger Fidelity National Financial Corporation, Baton Rouge, Louisiana. 1/ Atlanta Sunbelt Bancshares, Inc., Tifton, Georgia — extension of time to April 7, 1986, within which to become a bank holding company through acquisition of The Citizens Bank of Tifton. 1/ Atlanta Summerville/Trion Bancshares, Inc., Trion, Georgia — extension of time to April 29, 1986, within which to become a bank holding company throxigh acqusition of First National Bank of Chattooga County. 1/ Atlanta Riverside Banking Company, Fort Pierce, Florida — extension of time to April 29, 1986, within which to become a bank holding company through acquisition of Riverside National Bank of Florida. 1/ Atlanta First Bankers Corporation of Florida, Pompano Beach, Florida — extension of time to April 18, 1986, within which to acquire the Mall Bank, West Palm Beach, Florida. 1/ Atlanta Union Bank, Repton, Alabama, proposed merger with Union Interim Bank — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Atlanta Tattnal Bank, Reidsville, Georgia, proposed 1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of the B o a r d of G o v e r n o r s u n d e r d e l e g a t e d authority. H.2, 1986 No. 2 4 ACTIONS OF THE BOARD - Continued merger with Tattnal Interim, Inc. — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Chicago CSP Bank, Greenville, Michigan, proposed merger with Commercial Bank, under the charter and title of Commercial Bank — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Chicago SB Bank, Bartlett, Illinois, proposed merger with Suburban Bank of Bartlett, under the charter of SB Bank and title of Suburban Bank of Bartlett — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Chicago First Bancorp of Taylorville, Inc., Taylorville, Illinois — extension of time to April 7, 1986, within which to become a bank holding company through the acquisition of 100 percent of the voting shares of First National Bank in Taylorville. 1/ Chicago First Geneva Banqueshares, Inc., Geneva, Illinois — extension of time to February 8, 1986, within which to become a bank holding company through the acquisition of 66.66 percent of the voting shares of The First National Bank of Geneva. 1/ Chicago Harris Bankcorp, Inc., Chicago, Illinois — extension of time to April 7, 1986, within which to engage de novo through Harris Futures Corporation in the execution and clearance of futures contracts and for Harris' first and second-tier corporations to indirectly engage in the above securities. 1/ St. Louis Centerre Bank of Pacific, Pacific, Missouri — investment in bank premises. 1/ Dallas Newbanccentral, Amarillo, Texas, proposed merger with Banccentral — report to the Fedeal Deposit Insurance Corporation on competitive factors. 1/ Dallas N e w First Bank Alice, Alice, Texas, proposed merger with First National Bank — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ 1/ Application processed on behalf of the Board ofGovernors under delegated authority. H.2, 1986 No. 2 5 ACTIONS OF THE BOARD - Continued San Francisco Yosemite Bank, Mariposa, California, proposed mercer with Mission-Valley Subsidiary Corporation, Pleasanton, California, under the charter and title of the former — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ San Francisco Beacon Financial, Inc., Pleasant Grove, Utah — extension of time to divest shares of a c o m p a n y . 1/ * * * * * To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Approved San Francisco First Interstate Bank of California, Los Angeles, California — to establish a branch in the vicinity of 400 South El Camino Real, City and County of San Mateo, California. 1/ (1/7/86) San Francisco First Interstate Bank of California, Los Angeles, California — to establish a branch in the vicinity of the Tom Price Dealership Year-End Cow Palace Show, located at Geneva and Santos Streets, City and County of San Francisco, California. 1/ (1/7/86) San Francisco Vintage Eank, Napa, California — to estabish a branch in the vicinity of the intersection of Browns Valley Road and Austin Way, City of Napa, California. 1/ (1/7/86) * * * * * To Merge Pursuant to Section 18(c) of the Federal Deposit Insurance Act A p p ro v e d New York The Bank of N ew York, N ew York, Ne w York — to acquire certain assets and assume certain liabilities of Fidata Trust Company N e w York, N ew York, N ew York. 1/ (12/31/85) New York Central Trust Company, Rochester, N e w York — 1/ Application processed on behalf of the Board ofGovernors under delegated authority. H.2, 1986 No. 2 6 ACTIONS OF THE BOARD - Continued to acquire the assets and assume the liabilities of Chemical Bank, N e w York, New York. 1/ (12/31/85) Atlanta Colonial Bank, Montgomery, Alabama — to merge with Luverne Bank and Trust Company, Luverne, Alabama. 1/ (1/8/86) * * * * * Issued Intent Not to Disapprove Change of Control Pursuant to Change in Bank Control Ac t of 1978 Approved New York Hampton Bancshares, Inc., — Employee Stock Ownership Plan East Hampton, Ne w York. 1/ (12/31/85) St. Louis First Paragould Bankshares, Arkansas. 1/ (1/10/86) San Francisco Charles Feurzig to acquire additional shares of SDNB Financial Bancorp, San Diego, California. 1/ 1/6/86) Inc., Paragould, * * * * * Applications and Notifications for International Investments and Other Actions Pursuant to Sections 25 and 25(a) of the Federal Reserve Act and Section 4(c)(9), 4(c) (13) and 4(c) (14) of the Bank Holding Company A ct o f 1956, as amended Approved Boston Shawmut Corporation, Boston, Massachusetts — no objection to make an additional investment in Techexport, Inc., Waltham, Massachusetts through Shawmut Export Corporation, Boston, Massachusetts. (1/10/86) * * * * * To Expand a Bank Holding Company Pursuant to Section 3 ( a ) (1) o f the Bank Holding Company Act of 1956 Approved 1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f o f the Board o f G o v e r n o r s under d e l e c r a t e d a u t h o r i t v . H.2, 1986 No. 2 7 ACTIONS OF THE BOARD - Continued New York CoromuniCorp, Inc., Addison, Ne w York — for approval to acquire 100 percent of the voting shares of Community National Bank, Addison, N ew York. 1/ (1/8/86) Philadelphia N ew Tripoli Bancorp., Inc., Ne w Tripoli, Pennsylvania — for approval to acquire 100 percent of the voting shares of The New Tripoli National Bank, New Tripoli, Pennsylvania. 1/ (1/10/86) Cleveland National Bancshares Corporation, Orrville, Ohio — for approval to acquire 100 percent of the voting shares of First National Bank, Orrville, Ohio. 1/ (1/10/86) Richmond Sandhills Holding Company, Inc., Bethune, South Carolina — for approval to acquire 100 percent of the voting shares of Sandhills Bank, Bethune, South Carolina. 1/ (1/7/86) Atlanta CB Financial C o r p . , Warrenton, Georgia — for approval to acquire 100 percent of the voting shares of Citizens Bank, Warrenton, Georgia. 1/ (1/6/86) Atlanta F & M Financial Corp., Piedmont, Alabama — for approval to acquire 100 percent of the voting shares of Farmers & Merchants Bank, Piedmont, Alabama. 1/ (1/6/86) Atlanta Mobile National Corporation, Mobile, Alabama — to approval to acquire 100 percent of the voting shares of The Bank of Mobile, National Association, Mobile, Alabama, a proposed new bank. 1/ (1/6/86) Atlanta Vernon Bancshares, Inc., Leesville, Louisiana — for approval to acquire 80 percent of the voting shares of The Vernon Bank, Leesville, Louisiana. 1/ (1/10/86) Chicago SOLON FINANCIAL INC., Solon, Iowa — for approval to acquire at least 80.1 percent of the voting shares of Solon State Bank, Solon, Iowa. 1/ (1/7/86) Dallas Central Texas Bancshares, 17 Inc., Austin, Texas A p p l i c a t i o n p r o c e s s e d o n b e h a l f o f the B o a r d o f G o v e r n o r s u n d e r d e l e g a t e d authority. H.2, 1986 No. 2 8 ACTIONS OF THE BOARD - Continued — for approval to acquire 80 percent of the voting shares of Guaranty National Bank, Austin, Texas. 1/ (1/8/86) Dallas First North Louisiana Bancshares, Inc., Arcadia, Louisiana — for approval to acquire 100 percent of the voting shares of FirstNational Bank in Arcadia, Arcadia, Louisiana. 1/ (1/10/86) * * * * * To Expand a Bank H o l ding Company Pursuant to Section 3 ( a ) (3) of the Bank Holding Company A c t of 1956 W ithdrawn Chicago M.G. B a n c o r p o r a t i o n , Chicago, Illinois — for approval to acquire 80 percent of the voting shares of Du Page County Bancorp, Inc., Glendale Heights, Illinois and indirectly 94.86 percent of DuPage County Bank of Glendale Heights, Glendale Heights, Illinois. (1/8/86) Chicago Old Kent Financial Corporation, Grand Rapids, Michigan — for approval to acquire 100 percent of the voting shares of Comerica Bank-Jackson, N.A., Jackson, Michigan; Comerica Bank-Battle Creek, Battle Creek, Michigan, and Comerica Bank-Kalamazoo, Kalamazoo, Michigan. 1/ (1/2/86) Returned San Francisco Texas Regional Bancshares, Inc., McAllen, Texas — for approval to acquire 100 percent of the voting shares of Mid Valley Bank, Weslaco, Texas. Approved Philadelphia Pennsylvania National Financial Corporation, Harrisburg, Pennsylvania — for approval to acquire 100 percent of the voting shares of Hamburg Savings and Trust Company, Hamburg, Pennsylvania. 1/ (1/10/86) Chicago First Peoria C o r p . , Peoria, 1/ Illinois — for Application processed on behalf of the Board ofGovernors under delegated authority. H.2, 1986 No. 2 9 ACTIONS OF THE BOARD - Continued approval to acquire 100 percent of the voting shares of Peoples State Bank of Roanoke, Roanoke, Illinois. 1/ (1/7/86) St. Louis Kootenai Bancorp, J n c . , Libby, Montana — for approval to acquire an additional 30.91 percent of the voting shares of First National Bank in Libbv, Libbv, Montana. 1/ (1/10/86) Kansas City Herington Bancshares, Inc., Ferington, Kansas — for approval to acquire 100 percent of the voting shares of The Bank of White City, White City, Kansas. 1/ (1/9/86) Kansas City Tampa State Bankshares, Inc., Tampa, Kansas — for approval to acquire 100 percent of the voting shares of Chase County Bankshares, Inc., Strong City, Kansas and indirectly Chase County Bank, Strong City, Kansas. 1/ (1/7/86) Dallas Central Louisiana Capital Corporation, Ferriday, Louisiana — for approval to acquire 100 percent of the voting shares of Louisiana Delta Bank, Lake Providence, Louisiana, a proposed new bank. (1/10/86) Dallas National Bancshares Corporation of Texas, San Antonio, Texas — for approval to acquire 100 percent of the voting shares of City National Bank of Laredo, Texas. 1/ (1/6/86) * * * * * To Expand a Bank Holding Company Pursurant to Section 4 ( c ) (8) of the Bank Holding Company A ct of 1956 Returned Chicago Central Wisconsin Bankshares, Inc., Wausau, Wisconsin — for approval to acquire 100 percent of the voting shares of First American Investment, Incorporated, Wausau, Wisconsin. (1/9/86) Approved Cleveland 1/ Mellon Bank Corporation, Pittsburgh, Application processed on behalf of the Board ofGovernors under delegated authority. H.2, 1986 No. 2 10 ACTIONS OF THE BOARD - Continued Pennsylvania — to acquire AVCO Financial Services of the United States, Inc., Newport Beach, California, which engages in making, acquiring and servicing loans and other extensions of credit for its account or for the account of others. 1/ (1/8/86) Minneapolis Dakota Bankshares, Inc., Fargo, North Dakota — to engage de novo in offering management consulting services to nonaffiliated banks, through its subsidiary, Dakota Services, Inc., Fargo, North Dakota. 1/ (1/9/86) Minneapolis Dakota Company, Inc., Milbank, South Dakota — for approval to acquire the assets of Big Stone Insurance Agency, Big Stone City, South Dakota. 1/ (1/8/86) 1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of the B o a r d o f G o v e r n o r s d e l e g a t e d authority. under H.2, 1986 No. 2 11 ACTIONS OF THE BOARD - C o n tin u e d P e rm itte d Boston Bank of Boston Corporation, Boston, Massachusetts — to engage de novo (discount securities brokerage activities including certain securities credit and incidental activities) through BancBoston Brokerage, Inc., and Colbanc Securities Ltd. The activity would be conducted nationwide. 3/ (1/7/86) Philadelphia Fidelcor, I n c . , Philadelphia, Pennsylvania — to establish a d e n o v o subsidiary, Fidelcor Brokerage Services, Inc., Philadelphia, Pennsylvania and to engage d e n o v o (discount securities brokerage activities including certain securities credit and incidental a c t i v i t i e s ) . 3/ (1/6/86) Philadelphia Meridian Bancorp, I n c . , Reading Pennsylvania — to engage d e n o v o (discount securities brokerage activities including certain securities credit and incidental activities) through its subsidiary, DBS Discount Brokerage Securities, Inc., Reading, Pennsylvania. The activity will be conducted throughout the United States. 3/ (1/10/86) Cleveland Huntington Bancshares Incorporated, Columbus, Ohio — to engage d e n o v o (discount securities brokerage activities including certain securities credit and incidental activities) through its subsidiary, The Huntington Company, Columbus, Ohio. 3/ (1/ 10/ 86) Richmond First Wachovia Corporation, Winston Salem, North Carolina — to engage d e n o v o (discount securities brokerage activities including certain securities credit and incidental activities) through its subsidiary, First Wachovia Brokerage Service Corporation, Winston-Salem, North Carolina. The activity will be conducted on a nationwide basis. 3/ (1/9/86) Atlanta Jamestown Union Bancshares, Inc., Jamestown, Tennessee — to engage d e n o v o (engaging in the activities of an industrial or Morris Plan bank, or industrial loan company) through its subsidiary, Jamestown Loan & 3/ N o t i f i c a t i o n p r o c e s s e d by R e s e r v e B a n k on b e h a l f of the B o a r d o f G o v e r n o r s u n d e r d e l e g a t e d authority. H.2, 1986 No. 2 12 ACTIONS OF THE BOARD - Continued Thrift Corporation, Jamestown, Tennessee. (1/9/86) 3/ Atlanta SunTrust Banks, Inc., Atlanta, Georgia — to engage de novo (discount securities brokerage activities including certain securities credit and incidental activities) through its subsidiary SunTrust Brokerage Services, Inc., Atlanta, Georgia. Company will initially have business offices in Orlando, Florida and Atlanta, Georgia, but seeks approval to conduct this activity throughout the United States. 3/ (1/6/86) Chicago Boulevard Bancorp., Inc., Chicago, Illinois — to engage de novo (making, acquiring and/or servicing loans for itself or for others of the type made by a consumer finance company, and a commercial finance c o m p a n y ) . Some such loans will be made to officers and directors of the company at rates below that of the general market. The geographic area to be served will be Chicago, Illinois and its surrounding suburbs. 3/ (1/10/86) Chicago Community Banks, Inc., Middleton, Wisconsin — to establish a de novo subsidiary, CBI Trust and Financial Services, Inc., Madison, Wisconsin and to enqage de novo (engaging in the activities of a trust company of a fiduciary, agency, or custodial n a t u r e ) . The Company will be located in Madison, Wisconsin but will not limit its activities on a geographic basis. 3/ (1/10/86) Chicago Dairy State Financial Services, Inc., Plymouth, Wisconsin — to engage de novo (underwriting credit life and disability insurance on consumer loans) through its subsidiary bank, Dairy State Bank, Plymouth, Wisconsin. 3/ (1/8/86) Chicago Miami Corporation, Chicago, Illinois — to engage de novo (making, acquiring and/or servicing loans for itself or for others of the type made by a consumer finance company and a commercial finance company) through its subsidiary Boulevard Bancorp, Inc., Chicago, Illinois. 3/ (1/10/86) 3/ N o t i f i c a t i o n p r o c e s s e d by R e s e r v e Bank on b e h a l f o f the Boa r d of G o v e r n o r s u n d e r d e l e g a t e d authority. H.2, 1986 No. 2 13 ACTIONS OF THE BOARD - Continued Chicago Old Kent Financial Corporation, Grand Rapids, Michigan — to engage d e n o v o (discount securities brokerage activities including certain securities credit and incidental activities) through a wholly-owned subsidiary, Old Kent Brokerage Services, Inc., Grand Rapids, Michigan, which will acquire the brokerage business and assets previously acquired by Old Kent Bank and Trust Company, Grand Rapids, Michigan, from National Financial Services Corporation, an unaffiliated organization. 3/ (1/6/86) Kansas City United Missouri Bancshares, Inc., Kansas City, Missouri — to establish a d e n o v o subsidiary, United Missouri Brokerage Services, Inc., Kansas City, Missouri, and to engage d e n o v o (discount securities brokerage activities including certain securities credit and incidental a c t i v i t i e s ) . 3/ (1/6/86) San Francisco Lloyds Bank pic, London, England and Lloyds Bank International Limited, London, England — to engage d e n o v o (engaging in full pay-out personal and real property leasing) through Lloyds International Corporation, New York, N ew York. The geographic area to be served will be the Unites States, Canada, Central America, and South America. 3/ (1/10/86) * * * * * R e d e m p tio n o f S h a r e s A p p ro v e d Kansas City 1/ 3/ Country Bancshares, Inc., Jamesport, Missouri. 1/ (1/6/86) Application processed on behalf of the Board of Governors under delegated authority. Notification processed by Reserve Bank on behalf of the Board of Governors under delegated authority. H.2, 1986 No. 2 14 APPLICATIONS RECEIVED To Establish a Domestic Branch Pursuant to Section 0 of the Federal Reserve A c t Received Cleveland The Fifth Third Bank, Cincinnati, Ohio — to establish branches at 5951 Far Hills Avenue, Dayton, Ohio, and at N.W. corner of S.R. 741 and Mall Woods Drive, Miaxnisburg, Ohio. 2/ * * * * * To Merge Pursuant to Section 18(c) of The Fedeal Deposit Insurance Act Received Chicago Bank of the North Shore, Northbrook, Illinois — to merge with B.N.S. Bank, Northbrook, Illinois. 2/ Dallas Ne w Banccentral Amarillo, Amarillo, Texas — to merge with Banccentral Amarillo, Amarillo, Texas, an interim bank. 2/ Dallas N ew First Bank Alice, Alice, Texas — to merge with First National Bank, Alice, Texas, an interim bank. 2/ Dallas Woodforest National Bank, Houston, Texas — to merge with Bank of Woodforest, Houston, Texas, an interim bank. 2/ * * * * * To Become a Mem b e r of the Federal Reserve System Pursuant to Section 9 of The Federal Reserve Act Received Chicago B.N.S. Bank, Northbrook, Chicago Shelbyville Interim Bank, Shelbyville, Illinois. 2/ 2/ Illinois. 2/ A p p l i c a t i o n s ubject to C o m m u n i t y R e i n v e s t m e n t Act. The C o m m u n i t y A f f a i r s O f f i c e r of the a p p l i c a b l e R e s e r v e Ban k m a y be c o n t a c t e d as to the length of the c o m m e n t period. R . 2, 1986 No. 2 15 APPLICATIONS RECEIVED - Continued Applications and Notifications for International Investments and Other Actions Pursuant to S e c t i o n s 25 a n d 2 5 (a) o f t h e F e d e r a l R e s e r v e A c t a n d S e c t i o n s 4 ( c ) (9), 4 ( c ) (13) a n d 4 ( c ) (14) o f t h e B a n k H o l d i n g C o m p a n y A c t o f 1956, as a m e n d e d Received New York IDE Bankholding Corporation Limited, Naftali Financial Holding Limited, Israel Investment and Finance Corporation Limited, Israel Discount Bank Limited, Gov. Financial Holding Limited, and Israel Financial Holding Limited, all of Tel Aviv, Israel — request consent to retain their indirect interests in Optrotech Ltd., Nes Ziona, Israel and its U.S. subsidiary, Optrotech, Inc., Burlington Massachusetts. * * * * * To Expand a Bank Holding Company Pursuant to S e c t i o n 3 ( a ) (1) o f t h e B a n k H o l d i n g C o m p a n y A c t o f 1956 Received New York Farmers Banc C o r p . , Mullica Hill, N ew Jersey — for approval to acquire 100 percent of the voting shares of The Farmers National Bank of Mullica Hill, Mullica Hill, N ew Jersey. 2/ Atlanta Farmers and Merchants Bancorp, I n c . , Dover, Tennessee — for approval to acquire 100 percent of the voting shares of Farmers and Merchants Bank of Bumpus Mills, Bumpus Mills, Tennessee. 2/ Chicago Blissfield Bank Corporation, Blissfield, Michigan — for approval to acquire 100 percent of the voting shares of The Blissfield State Bank, Blissfield, Michigan. 2/ Chicago Oxford Bank Corporation, Oxford, Indiana — for approval to acquire 100 percent of the voting shares of State Bank of Oxford, Oxford, Indiana. 2/ Chicago PSB Bancorp, Francesville, 2/ Indiana — for A p p l i c a t i o n subject to C o m m u n i t y R e i n v e s t m e n t Act. The C o m m u n i t y A f f a i r s O f f i c e r of the a p p l i c a b l e R e s e r v e B a n k m a y be c o n t a c t e d as to the length of the co m m e n t period. H.2, 1986 No. 2 16 APPLICATIONS RECEIVED - Continued approval to acquire 80 percent or more of the voting shares of Peoples State Bank of Francesville, Francesville, Indiana. 2/ S t . Louis Baker Financial Corporation, Pocahontas, Arkansas — for approval to acquire 80 percent of the voting shares of Planters and Stockman Bank, Pocahontas, Arkansas. 2/ St. Louis Liberty United Kentucky — for percent of the Bank and Trust Kentucky. 2/ St. Louis Warren County Bancshares, Inc., Warrenton, Missouri — for approval to acquire at least 80 percent of the voting shares of Commerce Warren County Bank, Warrenton, Missouri. 2/ Kansas City R & C Bancorp, Inc., Oklahoma City, Oklahoma — for approval to acquire Rockwell Bank, N.A. Oklahoma City, Oklahoma and to acquire Choctaw Bancorp, Inc., Choctaw, Oklahoma and indirectly acquire Choctaw State Bank, Choctaw, Oklahoma. 2/ Dallas Kaufman Bancshares, I n c . , Kaufman, Texas — for approval to acquire 100 percent of the voting shares of BancTexas Kaufman, N . A . , Kaufman, Texas. 2/ Dallas Overton Financial Corporation, Overton, Texas — for approval to acguire 100 percent of the voting shares of First State Bank, Overton, Texas. 2/ Bancorp, Inc., Louisville, approval to acquire 100 voting shares of The Kentucky Company, Madisonville, * * * * * To Expand a Bank Holding Company Pursuant: to Section 3 ( a ) (3) of the Bank Holding Company A ct o f 1956 Received Philadelphis Central Wisconsin Bankshares, Inc., Wausau, Wisconsin — for approval to acquire 80 percent of the voting shares of Valley View Bank, LaCrosse, Wisconsin. 2/ Cleveland First National Cincinnati Corporation, 2/ A p p l i c a t i o n su b j e c t to C o m m u n i t y R e i n v e s t m e n t Act. The C o m m u n i t y A f f a i r s O f f i c e r of the a p p l i c a b l e Re s e r v e B ank m a y be c o n t a c t e d as to the length of the co m m e n t period. R . 2, 1986 No. 2 17 APPLICATIONS RECEIVED - Continued Cincinnati, Ohio — for approval to 100 percent of the voting shares of Bancshares, Inc., Newport, Kentucky indirectly acquire Newport National Newport, Kentucky. 2/ acquire New and Bank, Richmond United Virginia Bankshares Incorporated, Richmond, Virginia — for approval to acquire 100 percent of the voting shares of Bethesda B a n c o r p o r a t i o n , Bethesda, Maryland and indirectly acquire Bank of Bethesda, Bethesda, Maryland. 2/ Chicago F & M Bancorporation, Inc., Kaukauna, Wisconsin — for approval to acquire at least 80 percent of the voting shares of Farmers State Bank of Potter, Potter, Wisconsin. 2/ Kansas City Herington Bancshares, Inc., Herington, Kansas — for approval to acquire 100 percent of the voting shares of The Bank of White City, White City, Kansas. 2/ Dallas Central Louisiana Capital Corporation, Ferriday, Louisiana — for approval to acquire 100 percent of the voting shares of Louisiana Delta Bank, Lake Providence, Louisiana, a proposed new bank. 2/ Dallas Ruston Bancshares, Inc., Ruston, Louisiana — for approval to acquire 100 percent of the voting shares of Morehouse Bancshares, I n c . , Bastrop, Louisiana and indirectly acquire The Bank of Morehouse, Bastrop, Louisiana. 2/ * * * * * To Expand a Bank Holding Company Pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956 Received Boston 2/ Bank of Boston Corporation, Poston, Massachusetts — to engage de novo (providing to others financially related data processing and data transmission services, facilities, and data bases; or access to them) through Boston International Data Services, Inc., Boston, Massachusetts. The activities would be conducted principally in Europe. (1/8/86) A p p l i c a t i o n s u bject to C o m m u n i t y R e i n v e s t m e n t Act. The C o m m u n i t y A f f a i r s O f f i c e r of the a p p l i c a b l e R e s e r v e Bank m a y be c o n t a c t e d as to the leng t h of the c o m m e n t period. H. 2 , 1986 No. 18 2 APPLICATIONS RECEIVED - Continued Boston Bank of N ew England Corporation, Boston, Massachusetts — for approval to acquire Mariner Mortgage Corporation, Providence, Rhode Island and thereby engage in making and servicing mortgage and real estate loans that are primarily residential one-to-four family. Boston Capitol Bancorporation, Boston, Massachusetts — to engage de novo (making, acquiring and/or servicing loans for itself or for others of the type made by a mortgage company) through CAP Mortgage, Inc., Braintree, Massachusetts. The activities woxild be conducted nationwide. (1/9/86) New York The Chase Manhattan Corporation, N ew York, New York — for approval to acquire The New York Switch Corporation, Fort Lee, N ew Jersey and thereby engage in data processing and related activities. New York The Hongkong and Shanghai Banking Corporation, Hong Kong, Kellett, N . V . , Curacao, Netherlands Antilles; and HSBC Holding B . V . , Amsterdam, the Netherlands; and Marine Midland Banks, Inc., Buffalo, N ew York — for approval to acquire from MMBI's wholly owned subsidiary, Marine Midland Bank, N.A., Buffalo, New York all of the shares of CM&M Group, Inc., New York, Ne w York and its subsidiaries, and thereby to engage in certain nonbanking activities. New York National Bank of Canada, Montreal, Canada — for approval to acquire Mercantile Canada Corporation, Dallas, Texas and thereby engage in the servicing and making of commercial loans. Philadelphia Fidelcor, Inc., Philadelphia, Pennsylvania — for approval to acquire shares of Florida Commercial Mortgage Corporation, Orlando, Florida. Philadelphia Penn Central Bancorp, Inc., Huntington, Pennsylvania — to engage de novo (underwriting credit life and disability insurance on consumer loans) through its proposed subsidiary, Penn Central Bancorp Life Insurance Company, Phoenix, Arizona. The activity will be conducted from the H . 2, 1986 No. 2 19 APPLICATIONS RECEIVED - Continued offices of Penn Central National Bank and Hollidaysburg Trust Company, located in Huntington and Blair Counties, servicing Central Pennsylvania. (1/7/86) Cleveland Mellon Bank Corporation, Pittsburgh, Pennsylvania — for approval to acquire Fidata Securities Management, Inc., Pittsburgh, Pennsylvania and Fidata Securities Services, Inc., Ft. Lee, New Jersey. Cleveland Mellon Bank Corporation, Pittsburgh, Pennsylvania — for approval to acquire Fidata System Incorporated, Boston, Massachusetts and Fidata Trust Company Massachusetts, Boston, Massachusetts. Atlanta Barnett Banks of Florida, Inc., Jacksonville, Florida — to engage de novo (providing to others financially related data processing and data transmission services, facilities, and data bases; or access to them) through its subsidiary, Statewide Administrative Services, Inc., Jacksonville, Florida. (1/9/86) Chicago Midwest Financial Group, Inc., Peoria, Illinois — for approval to acquire 100 percent of the voting shares of Midwest Financial Group Brokerage Services, Inc., Peoria, Illinois. Chicago M WA Bancorporation, Estherville, Iowa — to establish a de novo subsidiary, General Commercial Services, Ltd., Estherville, Iowa, and engage in servicing and acquiring of loans. Minneapolis Norwest Corporation, Minneapolis, Minnesota — for approval to acquire certain assets of Edmison-Johnson Agency, Inc., Sioux Falls, South Dakota. Minneapolis Resource Companies, Inc., Minneapolis, Minnesota — for approval to engage de novo in making loans to Resource Companies, Inc., Employee Stock Option Plan. Minneapolis Western Bancshares, Inc., St. Paul, Minnesota H.2, 1986 No. 2 20 APPLICATIONS RECEIVED - Continued — to engage de novo (making, acquiring and/or servicing loans for itself or for others of the type made by a commercial finance company) through its wholly owned nonbank subsidiary, WAV, Inc. The activity will be conducted in Minnesota. (3/9/86) Kansas City Greater Metro Bank Holding Company, Aurora, Colorado — to engage de novo (making, acquiring and/or servicing loans for itself or for others of the type made by a mortgage c o m p a n y . (1/6/86) Dallas MCorp, Dallas, Texas and MCorp Financial, Inc., Wilmington, Delaware — for approval to accruire National Computer Analysts, Inc., Princeton, New Jersey and thereby engage in providing to others financially related data processing and data transmission services, facilities, and data bases; or access to them. San Francisco First Interstate Bancorp, Los Angeles, California — to engage de novo in underwriting and dealing in such obligations of the United States, general obligations of various states and their political subdivisions, and other obligations, including money market instruments, such as bankers' acceptances and certificates of deposit, as State member banks may from time to time be authorized to underwrite and deal through First Interstate Securities, Inc., Los Angeles, California.
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