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ANNOUNCEMENT BOARD OF GOVERNORS OF TH%£srAR(V4_L|BRARY FEDERAL RESERVE SYSTEM ACTIONS T & S n |§Y H.2, 1994, NO. 4 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending January 22, 1994 GOVERNORS FE0ERM.R£SERV£3AMR BANK HOLDING COH0fofifog$f£ U >i[} Mercantile Bancorporation Inc., St. Louis, Missouri * * to acquire United Postal Bancorp, Inc., and United Postal Savings Association. Approved, January 18, 1994. INTERNATIONAL OPERATIONS Bank of America National Trust ft Savings Association, San Francisco, California --t o establish a branch in Sydney, Australia. Approved, January 18, 1994. RESERVE BANK OPERATIONS Federal Reserve Bank of Kansas City -- appointment of Richard K. Rasdall as First Vice President, effective May 1, 1994. Approved, January 18, 1994. ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BSftR - 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 ABBREVIATIONS: BANK BRANCHES■ DOMESTIC Atlanta Barnett Bank of Southwest Florida, Sarasota, Florida - - t o establish a branch at 5459 Fruitville Road. Approved, January 19, 1994. BANK HOLDING COMPANIES Atlanta Bank South Corporation, Atlanta, Georgia --to merge with Chattahooche Bancorp, Inc., and acquire The Chattahooche Bank. Approved, January 21, 1994. San Francisco CB Bancshares, Inc., Honolulu, Hawaii --to merge with the International Holding Capital Corp., and acquire the International Savings and Loan Association, Limited; ISL Capital Corporation; and DRI Assurance, Inc. Approved, January 20, 1994. H.2 JANUARY 17, 1994 PAGE 2 TO JANUARY 21, 1994 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Dallas City National Bancshares, Inc., Colorado City, Texas - - t o acquire T M & S Bancshares, Inc., Dover, Delaware, and City National Bank of Colorado City. Approved, January 21, 1994. Kansas City Clatonia Bancshares, Inc., Clatonia, Nebraska -- to acquire certain assets and certain liabilities of Farmers Bank of Clatonia. Approved, January 19, 1994. St. Louis Clay Bancshares, Inc., Flora, Illinois --to acquire Flora Bank & Trust. Approved, January 19, 1994. Kansas City Community First Bankshares, Inc., Denver, Colorado -to acquire The Bank of Cherry Creek; Mesa National Bank, Grand Junction; Western National Bank of Colorado, Colorado Springs; and Southern Colorado Bancshares, Inc., Pueblo West, Colorado, and The Bank of Southern Colorado. Approved, January 21, 1994. Chicago F & M Bancorporation, Inc., Kaukauna, Wisconsin, and F & M Merger Corporation -- to acquire Pulaski Bancshares, Inc., Pulaski, Wisconsin, and Pulaski State Bank. Approved, January 20, 1994. St. Louis First Carroll Bankshares, Inc., Berryville, Arkansas - - t o acquire The First National Bank of Berryville. Approved, January 18, 1994. Minneapolis First Manistique Corporation, Manistique, Michigan to engage de novo in lending activities through First Rural Relending Company. Permitted, January 19, 1994. San Francisco First Security Corporation, Salt Lake City, Utah -request for relief from commitment in connection with full-service brokerage activities. Granted, January 21, 1994. H .2 JANUARY 17, 1994 PAGE 3 TO JANUARY 21, 1994 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Atlanta Five Flags Banks, Inc., Pensacola, Florida -- to retain Bank Data, Inc., and engage in data processing activities. Approved, January 20, 1994. Kansas City Greater Metro Bank Holding Company, Aurora, Colorado -- to acquire Montbello Bankcorp, Inc. Approved, January 20, 1994. New York Herkimer Trust Corporation, Inc., Little Falls, New York -- proposal that The Herkimer County Trust Company assume certain deposits and acquire the premises related to the 11 ion and Little Falls, branches of United Northern Federal Savings Bank, Watertown, New York. Approved, January 18, 1994. Chicago INC Bancorp, Inc., Chicago, Illinois -- to acquire International Bank of Chicago. Withdrawn, January 18, 1994. Kansas City Lindoe, Inc., Ordway, Colorado -- to increase shares of Pueblo Bancorporation, Inc., Pueblo, Colorado t 5.44 percent. Approved, January 21, 1994. Chicago Marshall & Ilsley Corporation, Milwaukee, Wisconsin - to acquire Valley Bancorporation, Appleton, Wisconsin, and their 18 subsidiary banks and four nonbanking subsidiaries. Returned, January 20, 1994. Philadelphia National Penn Bancshares, Boyertown, Pennsylvania -to acquire First State Bank, Wilmington, Delaware. Approved, January 20, 1994. Chicago Omnibank Corporation, River Rouge, Michigan --to acquire Indecorp, Inc., Chicago, Illinois, Independence Bank of Chicago, Drexel Holding Co., and Drexel National Bank. Returned, January 18, 1994. H .2 JANUARY 17, 1994 PAGE 4 TO JANUARY 21, 1994 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Dallas T M & S Bancshares, Inc., Dover, Delaware -- to acquire City National Bank of Colorado City, Colorado City, Texas. Approved, January 21, 1994. BANK PREMISES Kansas City OMNIBANK Southeast, Denver, Colorado -- investment in bank premises. Approved, January 21, 1994. BANKS. STATE MEMBER Minneapolis Farmers State Bank of Madelia, Incorporated, Madelia, Minnesota -- payment of a dividend. Approved, January 18, 1994. CAPITAL STOCK Kansas City Cook Investment, Inc., Beatrice, Nebraska -redemption of shares. Approved, January 18, 1994. Minneapolis Security State Bancshares of Bemidji, Inc., Bemidji, Minnesota -- redemption of shares. Approved, January 21, 1994. CHANGE IN BANK CONTROL New York Citizens First Bancorp, Inc., Glen Rock, New Jersey - change in bank control. Permitted, January 19, 1994. Kansas City Cook Investment, Inc., Beatrice, Nebraska -- change in bank control. Permitted, January 18, 1994. Kansas City Eastman National Bancshares, Inc., Newkirk, Oklahoma -- change in bank control Permitted, January 19, 1994. Chicago GN Bancorp, Inc., Chicago, Illinois -- change in bank control. Permitted, January 20, 1994. H .2 JANUARY 17, 1994 PAGE 5 TO JANUARY 21, 1994 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CHANGE IN BANK CONTROL Dallas Heritage Financial Corporation, Ruston, Louisiana -change in bank control. Permitted, January 18, 1994. Chicago Independence Bancshares, Inc., Independence, Iowa, and First State Bancorporation -- change in bank control. Returned, January 20, 1994. Minneapolis Security State Bancshares of Bemidji, Inc., Bemidji, Minnesota -- change in bank control. Permitted, January 21, 1994. Minneapolis South Central Financial Services, Inc., Bricelyn, Minnesota -- change in bank control. Permitted, January 20, 1994. COMPETITIVE FACTORS REPORTS Philadelphia Abington Savings Bank, Jenkintown, Pennsylvania, a mutual savings bank, proposed transfer of substantially all of its assets and all of its liabilities to Abington Savings Bank, a stock savings bank -- report on competitive factors. Submitted, January 21, 1994. Atlanta AmSouth Bank of Florida, Pensacola, Florida, proposed merger with Fortune Bank, A Savings Bank. Clearwater, Florida -- report on competitive factors. Submitted, January 19, 1994. St. Louis Arvest Bank Group, Inc., Bentonville, Arkansas, proposed acquisition of Arvest Savings Bank, Tulsa, Oklahoma -- report on competitive factors. Submitted, January 21, 1994. Richmond Carolina State Bank, Shelby, North Carolina, proposed purchase of certain assets and assumption of the deposit liabilities of the Shelby and Boiling Springs, North Carolina, branches of Branch Banking & Trust Company, Wilson, North Carolina -- report on competitive factors. Submitted, January 18, 1994. H.2 JANUARY 17, 1994 PAGE 6 TO JANUARY 21, 1994 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS St. Louis Community Federal Savings Bank, Tupelo, Mississippi, proposed reorganization into a mutual holding company to be known as Community Federal Mutual Holding Company -- report on competitive factors. Submitted, January 21, 1994. Dallas Compass Security Interim Bank, Houston, Texas, proposed merger with Compass Bank-Houston -- report on competitive factors. Submitted, January 20, 1994. Kansas City Crested Butte State Bank, Crested Butte, Colorado, proposed merger with The First National Bank of Gunnison, Gunnison, Colorado -- report on competitive factors. Submitted, January 21, 1994. St. Louis First Federal Savings Bank of Kentucky, Madisonville, Kentucky, proposed purchase of the branches of CNB Bank of Kentucky, Shively, Kentucky -- report on competitive factors. Submitted, January 19, 1994. San Francisco First Indo-American Bank, San Francisco, California - proposed merger with FIAB Merger Corporation -report on competitive factors. Submitted, January 21, 1994. Kansas City Fourth Financial Corporation, Wichita, Kansas, proposed acquisition of the assets and assumption of the liabilities of Great Southern Bancorp, Inc., Springfield, Missouri -- report on competitive factors. Submitted, January 19, 1994. Chicago Independence Bank East Michigan, Unionville, Michigan, proposed merger with Pioneer Bank, North Branch, Michigan -- report on competitive factors. Submitted, January 18, 1994. H.2 JANUARY 17, 1994 PAGE 7 TO JANUARY 21, 1994 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Richmond National Bank of Blacksburg, Blacksburg, Virginia, proposed purchase of the assets and assumption of the liabilities of the Pembroke, Virginia, branch of First Union National Bank of Virginia, Roanoke, Virginia -- report on competitive factors. Submitted, January 20, 1994. Chicago Norwest Bank Indiana, National Association, South Bend, Indiana, proposed merger with Norwest Bank Angola, Angola; Norwest Bank, Blufton, Blufton; Norwest Bank Fort Wayne, National Association, Fort Wayne; Norwest Bank Decatur, Decatur; Norwest Bank Monticello, Monticello; Norwest Bank Peru, Peru; Norwest Bank Rochester, Rochester; Norwest Bank Rushville, National Association, Rushville; Norwest Bank Shipshewana, Shipshewana, and Norwest Bank Wabash, National Association, Wabash, Indiana report on competitive factors. Submitted, January 20, 1994. Atlanta Perkins State Bank, Williston, Florida, proposed purchase of certain assets and assumption of the liability to pay deposits in the Inglis, Florida, branch of Drummond Community Bank, Chiefland, Florida -- report on competitive factors. Submitted, January 19, 1994. Chicago Prime Federal Bank, F.S.B., De Pere, Wisconsin, proposed merger with First Northern Savings Bank, S.A., Green Bay, Wisconsin -- report on competitive factors. Submitted, January 20, 1994. St. Louis Pulaski Bank, A Savings Bank, St. Louis, Missouri, proposed reorganization into a mutual holding company to be known as Pulaski Bancshares, M.H.C. - report on competitive factors. Submitted, January 18, 1994. Dallas Security Bank, N.A., Houston, Texas, proposed merger with Compass Security Interim Bank -- report on competitive factors. Submitted, January 20, 1994. H.2 JANUARY 17, 1994 PAGE 8 TO JANUARY 21, 1994 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS St. Louis United Community Bank'Chatham, Chatham, Illinois, proposed merger with United Community Bank, Bunker Hill; United Community Bank, Gillespie; and United Community Bank, Greenfield, Illinois -- report on compet it ive factors. Submitted, January 19, 1994. EXTENSIONS OF TIME Atlanta Jam Family Partnership I, L.P., Elberton, Georgia, and Jam Family Partnership II, L.P. -- extension to May 4, 1994, to acquire the Pinnacle Corporation. Granted, January 21, 1994. Atlanta McConnell & Co., Elberton, Georgia, and Eberhardt, Inc. -- extension to May 4, 1994, to acquire the Pinnacle Financial Corporation. Granted, January 18, 1994. Minneapolis Norwest Corporation, Minneapolis, Minnesota -- 90-day extension to acquire First National Bank of Arapahoe County, Aurora, Colorado. Granted, January 18, 1994. Minneapolis Norwest Corporation, Minneapolis, Minnesota -- 90-day extension to acquire First National Bank of Lakewood, Lakewood, Colorado. Granted, January 18, 1994. Minneapolis Norwest Corporation, Minneapolis, Minnesota -- 90-day extension to acquire First National Bank of Southeast Denver, Denver, Colorado. Granted, January 18, 1994. Cleveland PHS Bancorp, Inc., Beaver Falls, Pennsylvania -extension to April 22, 1994, to acquire Peoples Home Savings Bank. Granted, January 20, 1994. Richmond Southern National Corporation, Lumberton, North Carolina -- extension to April 28, 1994, to merge with Regency Bancshares, Inc., Hickory, North Carolina. Granted, January 20, 1994. H .2 JANUARY 17, 199*4 PAGE 9 TO JANUARY 21, 1994 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TINE Richmond Southern National Corporation, Lumberton, North Carolina -- extension to May 9, 1994, for Southern National Bank of North Carolina to merge with Home Federal Savings Bank, FSB, Statesville, North Carolina. Granted, January 20, 1994. Atlanta SunTrust Banks, Inc., Atlanta, Georgia -- to acquire shares of Peoples Bank of Lakeland, Lakeland, Florida. Granted, January 21, 1994. Chicago Withee Bank Shares, Inc., Withee, Wisconsin extension to April 20, 1994, to engage de novo in the ownership and development of a low*income housing project located in Withee, Wisconsin. Granted, January 19, 1994. MEMBERSHIP — Chicago Cedar Valley State Bank, St. Ansgar, Iowa -- to become a member of the Federal Reserve System. Returned, January 20, 1994. RESERVE BANK SERVICES Director, FRBO Federal Reserve Bank of Cleveland - - t o Implement an off-peak fine sort inclusion product at the Cleveland, Cincinnati, and Pittsburgh offices. Approved, January 19, 1994. H.2 JANUARY 17, 1994 PAGE 10 ADDITIONS AND CORRECTIONS TO JANUARY 21, 1994 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CHANGE IN BANK CONTROL Chicago Illinois Valley Bancorp, Inc., Morris, Illinois -change in bank control. Returned, January 12, 1994. EXTENSIONS OF TIME Minneapolis First Manistique Corporation, Manistique, Michigan -90-day extension to acquire the Bank of Stephenson, Stephenson, Michigan. Granted, January 18, 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 NONE SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY 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 *Rating Definitions: "0" - Outstanding; "S" - Satisfactory; Needs to Improve; "SN" - Substantial Noncompliance. "N" - Federal Reserve Bank o f 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) Bankers Trust New York Corporation, New York, New York to engage de novo in the making of equity and debt investments in corporations or projects designed primarily to promote community welfare, such as economic rehabilitation and development of low-income areas by providing housing, services or jobs for residents, and simultaneously, to make an investment in New York Equity Fund Limited Partnership. 1/28/94 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 January 22. 1994 NAME OF BANK RATING EXAMINATION DATE None. |u> |to 1/ / / 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 None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE None. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Meridian Bancorp, Inc., Reading, PA requests approval to acquire 100% of McGlinn Capital Management, Inc., Wyomissing, PA, pursuant to Section 4(c)(8) of the BHC Act. Fed. Register comment period expires: N/A SECTION IV ~ APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE None. 1/ Subject to provisions of Community Reinvestment Act * N/A - not yet available. FEDERAL RESERVE BANK OF PHILADELPHIA SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS The following institutions were examined for CRA. The 30-business day period the bank has to make the evaluation public has lapsed during the week ending January 21, 1994. 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 CRA Rating First Capitol Bank 2951 Whiteford Road York, PA 17402 9/27/93 Satisfactory Federal Reserve Bank of Cleveland Applications Bulletin For W e e k E n d i n g Ja n u a r y 22, 1994 SE C T I O N I - A P P L I C A T I O N S SUBJECT TO N E W S P A P E R N O TICE ONL Y Received OAKAR application from First * February 14, 1994 Bancorporation of Ohio, Akron, Ohio, on January 19, 1994, to merge Great Northern Savings Co., Barberton, Ohio, into First National Bank of Ohio, Akron, Ohio. SE C T I O N II - A P P L I C A T I O N S SUBJECT TO B O T H N E W S P A P E R A N D FEDERAL REG I S T E R NO T I C E Received Section 4(c) (8) application from *N: February 14, 1994 First Bancorporation of Ohio, Akron, Ohio, on January 19, 1994, to acquire Great Northern Financial Corporation, Akron, Ohio. Received Section 4 ( c ) (8) application from * Not Yet Known # Mellon Bank Corporation, Pittsburgh, Pennsylvania, on January 3, 1994, to acquire Dreyfus Security Savings Bank, FSB, Paramus, New Jersey, and Dreyfus Trust Company, Uniondale, New York. S E C T I O N III - A P P L I C A T I O N S SUBJECT TO FEDERAL R E G I S T E R N O T I C E ONLY Received application from Star Banc Corporation, Cincinnati, Ohio, on January 18, 1994, of its intent to establish a foreign branch in the Cayman Islands pursuant to 12 C.F.R. ss 211.36(b). Not Yet Known SE C T I O N IV - A P P L I C A T I O N S N O T SUBJECT TO FEDERAL R E G I S T E R N O T I C E OR N E W S P A P E R NOTICE None * N F # - Subject to CRA Newspaper Comment Period Federal Register Comment Period Expected to end approximately 30 days from date of application's receipt. AVAILABILITY OF CRA PUBLIC EVALUATIONS (January 21, 1994) 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 January 21, 1994. 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 None. Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date First Union Corporation, Charlotte, North Carolina, to acquire First Union Home Equity Bank, National Association, Charlotte, North Carolina. Not yet available. Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date Wachovia Corporation, Winston-Salem, North Carolina, to acquire additional shares of Southeast Switch, Inc., Maitland, Florida.* 1-25-94 Section IV - Application Not Subject to Federal Register Notice or Newspaper Notice Application Comment Period Ending Date None. *Expiration of comment period specified in the Federal Register. Federal Reserve Bank of Richmond Availability of CRA Public Evaluations Week ending January 21, 1994 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 Mellon Bank (MD) 1901 Research Boulevard Rockville, Maryland 20850 10-18-93 Crestar Bank MD 7500 Wisconsin Avenue Bethesda, Maryland 20814 10-25-93 Satisfactory Pamplico Bank and Trust Company P. 0. Box 97 Pamplico, South Carolina 29583 11-1-93 Satisfactory King George State Bank, Inc. P. 0. Box 81 King George, Virginia 22485 11-8-93 Satisfactory Outstanding Federal Reserve Bank of Richmond Availability of CRA Public Evaluations--contd. Week ending January 21, 1994 Examination Date Bank of Annapolis 1900 Fairfax Road Annapolis, Maryland 21401 F & M Bank-Keyser, Inc. 87 North Main Street Keyser, West Virginia 26726 Rating 11-15-93 Satisfactory 11-15-93 Satisfactory F e d e r a l R e s e r v e B a n k of A t l a n t a A p p l i c a t i o n s B u l l e t i n f or W e e k E n d i n g J a n u a r y 21. 1994 Section 1 - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date None. Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date No n e . Section 3 - Applications Subject to Federal Register Only Application Comment Period Ending Date United Bank Corporation Barnesville, GA To engage de n o v o in real estate and personal property appraising, pursuant to Section 225.25(b)(13) of Regulation Y. Not yet available Section 4 - Applications Not Subject to Federal Register Notice or Newspaper Notice Application AmSouth Bank of Alabama Birmingham, Alabama (National bank conversion) To become a member of the Federal Reserve System, pursuant to Section 9 of the Federal Reserve Act and Section 208.4 of Regulation H. ♦Subject to provisions of the Community Reinvestment Act. F e d e r a l R e s e r v e B a n k of A t l a n t a A p p l i c a t i o n s B u l l e t i n f o r W e e k E n d i n g J a n u a r y 21. 1994 Section 4 - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Compass Bancshares, Inc. Birmingham, Alabama Along with Compass Banks of Texas, Inc., Houston, Texas, and Compass Bancorporation of Texas, Houston, Texas, request for waiver of the application requirement of Section 3 ( a ) (3) of the Bank Holding Company Act for the proposal to acquire Security Bank, N.A., Houston, Texas. SouthTrust Corporation Birmingham, Alabama Along with SouthTrust of Florida, Inc., Jacksonville, Florida, request for waiver of the application requirement of Section 3(a) (3) of the Bank Holding Company Act for the proposal to acquire Citrus National Bank, Crystal River, Florida. F e d e r a l R e s e r v e B a n k of A t l a n t a A p p l i c a t i o n s B u l l e t i n f o r W e e k E n d i n g J a n u a r y 21. 1994 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: record of meeting community cred i t 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. Outstanding record of m e e t i n g c o m m u n i t y c r edit 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. Satisfactory to i m prove r e c o r d of m e e t i n g c o m m u n i t y cred i t 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. Ne e d s n o n c o m p l i a n c e in m e e t i n g c o m m u n i t y c r edit 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. Subs t a n t i a l Examination Bank Rating Date S t . Bernard Bank and Trust Post Office Box 238 Arabi, Louisiana 70032 (504)271-5361 Satisfactory 10-04-93 Mobile County Bank Post Office Box 327 Grand Bay, Alabama 36541 (205)865-6191 Satisfactory 10-04-93 Boca Bank Post Office Box 1526 Boca Raton, Florida 33429 (407)368-5050 Satisfactory 10-04-93 Federal Reserve Bank of Chicago Section I - Applications Subject Notice Only to N e w s p a p e r Comment Period Ending Date Type Application Branch/24A Th e N o r t h e r n T r u s t C o m p a n y Chicago, I l l i n o i s 579 C e n t r a l S t r e e t H i g h l a n d Park, I l l i n o i s * N - 1-31-94 Branch Community State Bank Avilla, Indiana 4134 W CR 1 0 0 S W o l f Lake, I n d i a n a * N - 1-29-94 B r a n c h / 24A Bankers Trust Company D e s Moines, I o w a C o r n e r of E u c l i d & C a m b r i d g e A v e n u e Des Moines, Iowa* N - ** EFT Security State Bank Hartl e y , I o w a 10 3 r d S t r e e t N.W. Hartl e y , I o w a * N - 1-25-94 Branch Comerica Bank D e t r o i t , Mi c h i g a n 15251 24 M i l e R o a d M a c o m b Township, M i c h i g a n * N - ** Oakar First of America Bank Corporation Kalamazoo, M i c h i g a n L G F B a n c o r p , Inc. LaGrange, I l l i n o i s LaGrange Federal Savings & Loan Association LaGrange, Illinois* N - ** Federal Reserve Bank of Chicago S e c t i o n II - A p p l i c a t i o n s S u b ject to Both N e w s p a p e r a n d Federal Register Notice Comment P e r i o d E ndin g Date Application Y-2 F i r s t b a n k of I l l i n o i s Co. S p r i n gfield, I l l i n o i s C o l o n i a l Bancshares, Inc. D e s Peres, M i s s o u r i Colonial Bank D e s Peres, M i s s o u r i V i l l a g e B a n k of St. L o u i s C o u n t y Ballwin, M i s s o u r i * FR N - 12-27-93 2-4-94 CoC-HC P e o t o n e Bancorp, Inc. Peotone, I l l i n o i s C r a i g L. C a m p b e l l ; D o uglas L. a n d S c o t t L. Campbell FR N - 1-17-94 1-11-94 ** 1-11-94 Campbell Y-2 C a pitol Bancorp, Ltd. Lansing, M i c h i g a n F i n a n c i a l C e n t e r Corporation Holland, M i c h i g a n Paragon Bank Holland, M i c h i g a n * FR N - Y-2 Omnibank Corporation R i v e r Rouge, M i c h i g a n Indecorp, Inc. Chicago, I l l i n o i s I n d e p e n d e n c e B a n k of Chicago Chicago, I l l i n o i s Drexel Hold i n g Company Chicago, I l l i n o i s D r e x e l N a t i o n a l Bank Chicago, I l l i n o i s * FR N - 1-14-94 - 1-31-94 Y-2 O r a n g e v i l l e Bancorp, Inc. O r a n g eville, I l l i n o i s S t a t e B a n k of W i n s l o w Winslow, I l l i n o i s * FR N - 1-28-94 - 1-12-94 Y-l Home Bancorp F o r t Wayne, I n d i a n a H o m e L o a n B a n k S.B. F o r t Wayne, I n diana* FR N - 1-28-94 - 1-24-94 Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice (Continued) Type Application Y-2 Marshall & Ilsley Corporation Milwaukee, Wisconsin Valley Bancorporation M i lwaukee, W i s consin Valley Bank L a Crosse, W i s consin Valley Bank M a d i s o n , Wi sconsin V a l l e y B a n k Chippewa M e n o m o n i e , W i s consin V a l l e y B a n k East Central Kewaskum, Wisconsin Valley Bank Janesville Janesville, Wi s c o n s i n Valley Bank Milwaukee Thiensville, W i s c o n s i n V a l l e y Bank, N a t i o n a l A s s o c i a t i o n Watertown, W i s consin V a l l e y Bank N o r t h e a s t G r e e n B a y Wisconsin V a l l e y Ba n k of Osh k o s h Oshkosh, Wisconsin V a l l e y Ba n k of S h a w a n o Shawano, Wisconsin V a l l e y Ba n k So u t h w e s t S p r i n g Green, W i s c o n s i n V a l l e y Ba n k Western, F S B Sparta, Wisconsin V a l l e y First N a t i o n a l B a n k Rhinelander, W i s c o n s i n V a l l e y First N a t i o n a l B a n k o f R i p o n Ripon, W i s consin V a l l e y United Bank, S S B Sheboygan, W i s consin V a l l e y Western Bank Appleton, Wis consin P i e r c e C o u n t y Bank a n d T r u s t C o m p a n y El 1 swor th, Wis cons in * Comment Period Ending Date FR N - 1-2 0 - 9 4 - 1-6-94 Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice (Continued) C o mment P e r i o d Ending Date Type Application Y-2 I n d e p e n d e n t B a n k Co r p o r a t i o n Ionia, Michigan K S B Financial, Inc. Kingston, M i c h i g a n Kingston State Bank Kingston, M i c h i g a n * FR N - Y-2 C o m m u n i t y G r a i n Co. Coon Rapids, I o w a F a r m e r s N a t i o n a l Bank Bayard, Iowa* FR N - 1-31-94 - 1-31-94 CoC-HC I l l i n o i s V a l l e y Bancorp, Inc. Morris, I l l i n o i s R o n a l d L. Wohlwend, R o n a l d L. Wohlwend, Trustee, Ja c k L e wis T r u s t UTA DTD, C atherine Lewis T r u s t UTA D T A FR N 2-1-94 - ** A n t i o c h B a n c s h a r e s , Inc. Emp l o y e e S a v i n g s a n d S t o c k Ownership Antioch, I l l i n o i s A n t i o c h B a n cshares, Inc. Antioch, I l l i n o i s * FR N - 2-11-94 - ** Y-2 Mahaska Investment Company Oskaloosa, Iowa Tain tor S a v i n g s B a n k N e w Sharon, I o w a * FR NP - 2-14-94 - 10-25-93 y-i H o o s i e r H i l l s F i n a n c i a l Corpor a t i o n E m p l o y e e s S t o c k O w n e r s h i p Plan Osgood, I n d i a n a H o o s i e r H i l l s Financial C o r p o r a t i o n Osgood, I n d i a n a The R i p l e y C o u n t y B ank Osgood, I n d i a n a * FR NP - 2-11-94 - 2-4-94 CoC-HC I n d e p e n d e n c e B a n c s h a r e s , Inc. FR Independence, I o w a NP J. L. Blin; B a y w a t e r Properties; W. C r e e s ; C. Fritz; V. Hoffm a n ; W. Kuehn; G. Short; a n d H. S h o r t y -i 1-31-94 1-28-94 - ** - ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice (Continued) Comment P e r i o d Ending Date Type Application CoC-HC F i r s t St a t e B a n c o r p o r a t i o n FR Independence, Iowa NP J. L. Blin; B a y w a t e r Pro p e r t i e s ; W. Crees; C. Fritz; V. Hoffman; W. Kuehn; G. Short; a n d H. Short CoC-HC B a n k l l l i n o i s Financial Co. Champaign, Illinois Van A. Dukeman; D a v i d J. D o w n e y & G r e g o r y B. Lykins FR NP - ** - ** Y-2 C e n t r a l Illinois Bancorp, Sidney, I l linois H i l l s i d e Investors Ltd. H i l l s i d e , Illinois B a n k of Hi l l s i d e Hillside, Illinois* FR N - ** Inc. - ** - ** . ** v. C l e v e l a n d D e v e l opment B a n c o r p o r a t i o n Chicago, Illinois P o t t e r s Ba n k an d Trust Co. E a s t Liverpool, Ohio* FR N - ** - ** Y-2 S h o r e b a n k Corporation Chicago, I l l i n o i s Cleveland Development Bancorporation Chicago, I l linois P o t t e r s B a n k a n d Trust Co. E a s t Liverpool, Ohio* FR N - ** Y - l/Oakar Mutual Bancshares Corporation M i l w a u k e e , Wisconsin M u t u a l Savings Bank Milw a u k e e , Wisconsin* FR N - ** - ** y-i B a n k o f Waunakee E m p l o y e e S t o c k O w n e r s h i p Plan Waunakee, Wisconsin W a u n a k e e Ba n k Shares, Inc. Waunakee, Wisconsin* FR N ★* +* - ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice (Continued) Comment Period Ending Date ixm Application Y-2 O l d K e n t F i n a n c i a l Corporation G r a n d Rapids, M i c h i g a n E d g e m a r k F i n a n c i a l Corporation Chicago, I l l i n o i s Edgemark Bank-Lombard Lombard, I l l i n o i s Edgemark Bank-Rosemont Rosemont, I l l i n o i s Edgewood Bank Countryside, I l l i n o i s F i r s t N a t i o n a l B a n k of L ockport Lockport, I l l i n o i s M e r c h a n d i s e N a t i o n a l Bank of C h i c a g o Chicago, I l l i n o i s * FR N - ** . ** Y-2 O l d K e n t - I l l i n o i s , Inc. Elmhurst, I l l i n o i s E d g e m a r k Finan c i a l Corporation Chicago, I l l i n o i s Edgemark Bank-Lombard Lombard, I l l i n o i s Edgemark Bank-Rosemont Rosemont, I l l i n o i s Edgewood Bank Countryside, Ill i n o i s F i r s t N a t i o n a l B a n k of L ockport Lockport, I l l i n o i s M e r c h a n d i s e N a t i o n a l Bank of C h i c a g o Chicago, I l l i n o i s * FR N - ** . ** Federal Reserve Bank of Chicago S e c t i o n II I - A p p l i c a t i o n s S u b j e c t to Federal R e g i s t e r Notice Only Comment Per i o d Ending Date Type A v v l i cation Y-4 Marshall & Ilsley Corporation Milwaukee, W i s consin V a l l e y Trust C o m p a n y Appleton, Wi s c o n s i n FR - 1-20-94 Y-4 Marshall & Ilsley Corporation Milwaukee, W i s consin C o m m u n i t y Li f e I n s u r a n c e C o m p a n y Phoenix, Ari z o n a FR - 1-20-94 Y-4 Marshall & Ilsley Corporation Milwaukee, Wisconsin Valley Bankservice Corporation Sheboygan, Wisconsin FR - 1-20-94 Y-4 Marshall & Ilsley Corporation M i lwaukee, Wisconsin V a l l e y Real E s t a t e S e r v i c e s C o r p o r a t i o n Sh e b o y g a n , Wi s con sin FR - 1-20-94 4 (c) (8) F i r s t a r Corporation M i lwaukee, Wisconsin F i r s t a r Home M o r t g a g e C o r p o r a t i o n Milwaukee, W i s c o n s i n - - e n g a g e dg n o v o in data p r o c e s s i n g & data t r a n s m i s s i o n s s e r v i c e s f a c i l i t i e s & data b a s e s to real tors FR - 1-10-94 Y-4 M a h a s k a Investment C o m p a n y Oskaloosa, Iowa O n - S i t e Commercial S e r v i c e s & enga g e in p r o v i d i n g bookkeeping, p a y r o l l processing, a c c o u n t s r e c e i v a b l e & financial s ervices FR - 1-20-94 Y-4 F i r s t b a n k of I l l i n o i s Co. Springfield, Il l i n o i s G u i d o Insu r a n c e Agency, D e s Peres, Mis s o u r i FR - Inc. 2-4-94 Federal Reserve Bank of Chicago Section III - A p p l i c a t i o n s Subject to F e d e r a l R e g i s t e r Notice Only (Continued) Comment Period Ending Date Type Application Y-4 First Chicago Corporation Chicago, I l l i n o i s S e c t i o n 2 0 - -First Chicago Capital M a r k e t s , Inc. Chicago, I l l i n o i s - - e n g a g e novo in the b u s i n e s s of u n d e r writing a n d d e a l i n g in d e b t securities FR - 1-19-94 4 (c) (8) Q u a d C i t y Holdings, Inc. B e t t endorf, I owa To e n g a g e in l e n d i n g a c t i v i t y FR - 1-19-94 Y-4 C a p i t o l Bancorp, Ltd. Lansing, M i c h i g a n C o n s o l i d a t e d B a n k Services, Holland, M i c h i g a n FR - ** FR - 1-27-94 4c6 Inc. Home Bancorp F o r t Wayne, I n d i a n a E n g a g e in m a k i n g a n d servi c i n g a l o a n the E S O P o f H o m e Lo a n Bank, S.B., F o r t Wayne, I n d i a n a to Federal Reserve Bank of Chicago Section I V - A p p l i c a t i o n s N o t S u b j e c t to Federal R e g i s t e r o r N e w s p a p e r Notice Type A n d i cat i o n RoS P i o n e e r Bancorp, Inc. Chicago, I llinois To r e d e e m all 5 2,000 s h a r e s of it s C l a s s A p r e f e r r e d stock a n d all o f its 14 p e r c e n t e q u i t y n o t e s N FR * ** - Newspaper - Fed e r a l R e g i s t e r - S u b j e c t to P r o v i s i o n s of C o m m u n i t y R e i n v e s t m e n t A c t - Not a v a i l a b l e at this time A V A I L A B I L I T Y O F CRA P U B L I C E V A L U A T I O N S T h e f o l l o w i n g st a t e m e m b e r b a n k s h a v e be e n e x a m i n e d b y the Federal R e s e r v e B a n k o f C h i c a g o f o r c o m p l i a n c e w i t h the CRA. The 3 0 - b u s i n e s s d a y p e r i o d the b a n k h a s to m a k e the e v a l u a t i o n p u b l i c has l a p s e d d u r i n g the week end i n g Jcuiuary 21, 1994. I f y o u a r e inter e s t e d in o b t a i n i n g a c o p y of the e v a l u a t i o n document, p l e a s e c o n t a c t the bank(s) directly. Identification of Ratings O - A n i n s t i t u t i o n in this g r o u p h a s an o u t s t a n d i n g r e c o r d of, a n d is a l e a d e r in, a s c e r t a i n i n g a n d h e l p i n g to m e e t the credit n e e d s o f its entire d e l i n e a t e d community, i n c l u d i n g low- and moderatei n c o m e neighborhoods, i n a m a n n e r c o n s i s t e n t w i t h i t s resou r c e s an d c a p a b i l i t i e s . S - A n i n s t i t u t i o n in this g r o u p h a s a sat i s f a c t o r y r e c o r d of a s c e r t a i n i n g a n d h e l p i n g to m e e t the credit needs of i t s e n t i r e del i n e a t e d community, i n c l u d i n low- a n d m o d e r a t e - i n c o m e neighborhood s , in a m a n n e r c o n s i s t e n t w i t h its resources and c a p abilities. N I - A n i n s t i t u t i o n in this g r o u p n e e d s to improve its overall r e c o r d of a s c e r t a i n i n g a n d h e l p i n g to m e e t the credit needs o f it s entire d e l i n e a t e d community, i n c l u d i n g low- and m o d e r a t e -i n c o m e neighborhoods, i n a m a n n e r c o n s i s t e n t w i t h it s reso u r c e s an d capabilities. S N - A n i n s t i t u t i o n in this g r o u p h a s a s u b s t a ntially d e f i c i e n t re c o r d o f a s c e r t a i n i n g a n d h e l p i n g to m e e t the credit n e e d s o f its entire d e l i n e a t e d community, i n c l u d i n g low- and moderateincome neighborhoods, i n a m a n n e r c o n s i s t e n t w i t h its r e s o u r c e s and c a p a b i l i t i e s . B A N K N A M E /L O C A T I O N None EXAMINATION DATE RATINGS Federal Reserve Bank of St. Louis FOR THE WEEK ENDING JANUARY 21, 1994 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 * Section 3(a)(4) application by CNB Bancshares Inc., Evansville, Indiana, to merge its bank subsidiary, CNB Bank of Kentucky, Shively, Kentucky, into its thrift subsidiary, First Federal Savings Bank of Kentucky, Madisonville, Kentucky. End of Comment Period Newspaper: 2-14-94 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application End of Comment Period Section 4(c)(8) application by First Tennessee National Corporation, Memphis, Tennessee, to acquire Highland Capital Management Corporation, Memphis, Tennessee, a company engaged in investment advisory activities (previously reported during week ending 1-7-94). Newspaper: 1-28-94 Section 4(c)(8) application by National Commerce Bancorporation, Memphis, Tennessee, to acquire Brooks, Montague & Associates, Inc., Chattanooga, Tennessee, a company engaged in investment advisory activities (previously reported during week ending 1-7-94). Newspaper: 1-28-94 SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Application None.* *This application is subject to CRA. End of Comment Period FEDERAL RESERVE BANK OF ST. LOUIS St. Louis, Missouri AVAn.ABn.ITY 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 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. 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 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 noncompliance in meeting community credit needs An institution in this group has a substantially deficient record o f ascertaining and helping to meet the credit needs o f its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. FOR THE WEEK ENDING Name of Bank Boatmen's Bank of Vandalia January 21, 1994 Bank Address 200 South Main Vandalia, Missouri Examination Date 10-25-93 63382 Examination Rating Satisfactory F E D ERAL R E S E R V E B A N K O F M I N N E A P O L I S Section I - Applications Subject to Newspaper Notice Only Comment Period Endincr Date Application None. Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Endincr Date Brill Bancshares, Inc. Owen, WI To become a bank holding company through the acquisition of 89.9% of the voting shares of Brill State Bank, Brill, WI* 02-04-94 (Federal Register) Rochester Bank and Trust Co. Rochester, MN To become a bank holding company through the acquisition of 100% of the voting shares of the Security State Bank of Hammond, Hammond, MN* 02-04-94 (Federal Register) Aumanchester, Inc. Rochester, MN To acquire of 100% of the voting shares of the Security State Bank of Hammond, Hammond, MN* 02-04-94 (Federal Register) Douglas J. Atkins, Bonita A. Aitkins, Douglas D. Atkins & Daina A. Aitkins Retroactive - each to increase their ownership to 17.8% of the voting shares of Antler Land Company, Hardin, MT Not yet available Kathleen Nesvig To acquire 17.22% of the voting shares of Omega City Holding Company LaMoure, ND Not yet available Vergas Bancorporation, Inc. Vergas, MN To acquire 80% of the voting shares of Vergas State Bank, Vergas, MN* Not yet available ♦Subject to CRA F E D E R A L R E S E R V E B A N K OF M I N N E A P O L I S Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application First Bank System, Inc. Mpls, MN To engage de novo in certain data processing activities in Arizona, Florida, Kansas, Missouri, Texas, and Utah Not yet available 01-31-94 First Bank System, Inc. Mpls, MN To engage de novo in certain data processing activities nationwide. Wabasha Holding Company, Inc. Wabasha, MN To engage de novo in investing in lease pools. Not yet available Norwest Corporation To engage in insurance agency activity through the acquisition of Double Eagle Financial Corporation, Phoenix, AZ Not yet available Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None. *Subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section V - Availability of CRA Public Evaluations week ending January 21, 1994 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 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 N O T I C E ONLY APPLICATION COMMENT PERIOD ENDING DATE None. SECTION II - APPLICATIONS SUBJECT TO B OTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION Citizens State Bancshares, Inc., Wichita, Kansas, for prior approval to become a bank holding company through the acquisition of 100 percent of Citizens State Bank of Cheney, Cheney, Kansas.* COMMENT PERIOD ENDING DATE Not Available SECTION III - APPLICATIONS SUBJECT TO FEDERAL R EGISTER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL R E G I S T E R 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. Federal Reserve Bank of Kansas City Satisf a c t o r y record of meeting community credit needs An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Bank/Location Exam Date None.* *Application is subject to CRA. CRA Public Date CRA Rating FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF JANUARY 17, 1994 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY NOTICE EXP APPLICATION None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP ♦Section 3(a)(1) application by Limestone Bancshares, Inc., Mexia, TX, to acquire First National Bank of Mexia, Mexia, TX (Previously filed during the week of 1-3-94) Change in Control Notice by Albert Furman, Glenview, IL; Robert Cook, Union Grove, WI; Robert Durham, Austin, TX; Howard Marvin, Palm Desert, CA; and Robert Wunsch, Austin, TX, to acquire an interest in Hutto State Bank, Hutto, TX 94/02/04 N/A SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION NOTICE EXP Section 4(c)(8) application by Security Shares, Inc., Abilene, TX, to engage in transmission services, facilities, and data bases, through First Independent Computers, Inc., Abilene, TX N/A Section 4(c)(8) de novo notification by Woodforest Bancshares, Inc., Houston, TX, to engage in tax planning and preparation services (Previously reported during the week of 1-10-94) 94/02/08 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 17. 1994 Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to Improve record of meeting community credit needs. An institution in this group need to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial Noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Bank None. Date of Examination CRA Rating FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 1/21/94 Section I - Applications Subject to Newspaper Notice Only A p p Iication Comment Period Ending Date Barnes Banking Group, Kaysville, Utah, to establish a branch office at 120 South 500 West, Bountiful, Utah. Newspaper: 1/29/94 Section II - Applications Subject to Both Newspaper and Federal Register Notice Kaharudin Latief, Jakarta, Indonesia, to acquire 33 1/3 percent of Bank of San Francisco Bank Holding Company, San Francisco, California. * Newspaper: Not available Fed. Reg.: 2/17/94 Section III - Applications Subject to Federal Register Notice Only 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 1/21/94 Section V - Availability of CRA Public Evaluations The CRA public evaluations of the institution(s) below became available during the week ending January 21, 1994. Information about a particular institution's CRA evaluation may be obtained directly from the institution. Institution Location The Prineville Bank 422 N. Beaver St. Rrineville, OR (503) 447-4105 Examination Date 11/30/93 Rating* Outstanding *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 resouces 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 resouces and capabilities