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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 f Savings Association,
t
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

yi
-

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




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