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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1990/ No. 4 Actions of the Board/ its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending January 27, 1990 ACTIONS TAKEN BY THE BOARD OF GOVERNORS TESTIMONY AND STATEMENTS Foreign investment in the United States — statement by Chairman Greenspan before the House Committee on Ways and Means ^ January 25, 1990. Published, January 25, 1990. ADVISORY COUNCILS Consumer Advisory Council — appointment of eight new members and designation of William E. Odom as Chairman and James W. Head as Vice Chairman. Approved, January 22, 1989. BANK HOLDING COMPANIES Fleet / Norstar Financial Group, Inc., Providence, Rhode Island — request for relief from divestiture condition. Granted, January 22, 1990. ENFORCEMENT EVCO, Inc., Evanston, Wyoming, and Stockgrowers State Bank Company, Inc., Worland, Wyoming — final order and assessment of civil money penalties against Daniel M. Burke, John P. Burke, M. Joseph Burke, John A. Edmiston, Don C. Davis, James R. Sperry, and Lyle R. Lake; and final order of removal and prohibition against Daniel M. Burke, Don C. Davis, John A. Edmiston, and M. Joseph Burke. Authorized, January 24, 1990. REGULATIONS AND POLICIES Rules Regarding Foreign Gifts and Decorations — amendment changing the definition of minimal value by increasing it from $100 to $180 or a higher amount established by the Government Services Administrat ion. Approved, January 24, 1990. H.2 JANUARY 22, 1990 PAGE 2 TO JANUARY 26, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve Bank Operations; GC - General Counsel; IF - International Finance; OSDM - Office of Staff Director for Management BANK BRANCHES, DOMESTIC New York Chemical Bank, New York, New York — to establish a branch at Cornell University Medical College, 1300 York Avenue. Approved, January 24, 1990. San Francisco CivicBank of Commerce, Oakland, California — establish a branch at 2101 Webster Street. Approved, January 22, 1990. Richmond Crestar Bank, Richmond, Virginia — to establish a branch 13001 Hull Street Road, Midlothian, Virginia. Approved, January 22, 1990. Atlanta 1st United Bank, Boca Raton, Florida — a branch at 2200 Glades Road. Approved, January 26, 1990. to to establish BANK HOLDING COMPANIES Kansas City Farmers State Bank Corporation of Fort Morgan, Fort Morgan, Colorado — to acquire The Farmers State Bank of Fort Morgan. Approved, January 26, 1990. Richmond First Virginia Banks, Inc., Falls Church, Virginia — to acquire New Bank, Cockeysville, Maryland, successor by merger to Clifton Trust Bank, and for New Bank to merge with Clifton Trust Bank of Cockeysville. Approved, January 25, 1990. Chicago Harris Bankcorp, Inc., Chicago, Illinois, Bankmont Financial Corp., New York, New York, and Bank of Montreal, Montreal, Canada — to acquire Frankfort Bancshares, Inc., Frankfort, Illinois, and Frankfort State Bank. Withdrawn, January 23, 1990. H.2 JANUARY 22, 1990 PAGE 3 TO JANUARY 26, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Cleveland Huntington Bancshares Incorporated, Columbus, Ohio — to engage de novo in permissible community development activities through The Huntington Community Development Corporation. Permitted, January 26, 1990. Secretary Manufacturers and Traders Trust Company, Buffalo, New York — to acquire certain assets and assume certain liabilities of Monroe Savings Bank, FSB, Rochester, New York. Approved, January 26, 1990. Atlanta Metro Financial Corporation, Atlanta, Georgia — acquire Metro Bank. Approved, January 26, 1990. St. Louis Pennyrile Bancshares, Inc., Hopkinsville, Kentucky — to acquire the successor by merger to Pennyrile Citizens Bank and Trust Company. Approved, January 25, 1990. St. Louis Planters & Merchants Bancshares, Inc., Gillett, Arkansas — to acquire Planters & Merchants Bank. Approved, January 23, 1990. Dallas PSB Financial Corporation, Many, Louisiana — acquire H & R Block, Many, Louisiana. Approved, January 26, 1990. Minneapolis Rio Grande County Bank, Del Norte, Colorado — to maintain current investment in bank premises. Approved, January 25, 1990. Dallas Spearman Bancshares, Inc., Spearman, Texas — acquire First National Bank. Approved, January 23, 1990. St. Louis Sun Financial Corporation, St. Louis, Missouri — acquire E Corporation. Withdrawn, January 24, 1990. to to to to H.2 JANUARY 22, 1990 PAGE 4 TO JANUARY 26, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Dallas Texop Bancshares, Inc., Dallas, Texas — to acquire Texas American Bridge Bank, N.A., Fort Worth, Texas. Approved, January 24, 1990. New York Yasuda Trust & Banking Co., Ltd., Tokyo, Japan — to acquire MASI, Ltd., Deerfield, Illinois, and engage in certain financial advisory activities. Approved, January 22, 1990. BANK PREMISES New York Orange County Trust Company, Middletown, New York — investment in bank premises. Approved, January 24, 1990. CAPITAL STOCK Chicago Community Financial Corp., Edgewood, Iowa redemption of shares. Approved, January 25, 1990. Dallas Delhi Bancshares, Inc., Delhi, Louisiana — redemption of shares. Approved, January 24, 1990. Kansas City Slater Bancshares, Inc., Slater, Missouri — redemption of shares. Approved, January 25, 1990. CHANGE IN BANK CONTROL Chicago Commercial Trust & Savings Bank, Storm Lake, Iowa — change in bank control. Permitted, January 26, 1990. St. Louis FSB, Inc., Covington, Tennessee — control. Permitted, January 22, 1990. Dallas IB Bancshares, Inc., Plano, Texas — control. Returned, January 23, 1990. change in bank change in bank H.2 JANUARY 22, 1990 PAGE 5 TO JANUARY 26, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CHANGE IN BANK CONTROL Boston Olde Windsor Bancorp, Inc., Olde Windsor, Connecticut — change in bank control. Permitted, January 24, 1990. Dallas Sabine Bancshares, Inc., Many, Louisiana — bank control. Returned, January 25, 1990. Kansas City Slater Bancshares, Inc., Slater, Missouri — in bank control. Permitted, January 25, 1990. Dallas United Texas Financial Corporation, Wichita Falls, Texas — change in bank control. Permitted, January 22, 1990. change in change COMPETITIVE FACTORS REPORTS Atlanta Colonial Bank, Lexington, Alabama, proposed merger with Colonial Bank / Gulf Coast Region, Foley, Alabama — report on competitive factors. Submitted, January 25, 1990. Philadelphia First Federal Savings and Loan Association of Harrisburg, Pennsylvania, proposed merger with Steitz Savings and Loan Association, Lebanon, Pennsylvania — report on competitive factors. Submitted, January 25, 1990. Dallas First National Bank of Woodville, Woodville, Texas, proposed merger with Plaza National Bank, Beaumont, Texas — report on competitive factors. Submitted, January 24, 1990. San Francisco Home Fed Bank, Federal Savings Bank, San Diego, California, proposed purchase of certain assets and assumption of liabilities of the Santiago Boulevard Branch of Provident Savings Bank, Riverside, California — report on competitive factors. Submitted, January 23, 1990. H.2 JANUARY 22, 1990 PAGE 6 TO JANUARY 26, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Dallas Kirbyville State Bank, Kirbyville, Texas, proposed merger of a branch of KSB, to be established, with Vidor State Bank, Vidor; Plaza National Bank, Beaumont; and First National Bank of Woodville, Woodville, Texas — report on competitive factors. Submitted, January 24, 1990. Atlanta Marine Bank of Monroe County, Marathon, Florida, proposed merger with C&S Interim Bank of The Keys, Fort Lauderdale, Florida — report on competitive factors. Submitted, January 23, 1990. Minneapolis Norwest Bank Minnesota, N.A., Minneapolis, Minnesota, proposed merger with The Bank Excelsior, Excelsior; The Bank North, N.A., Crystal; and The Bank Wayzata, N.A., Wayzata, Minnesota — report on competitive factors. Submitted, January 25, 1990. Atlanta Peoples Bank, Blackshear, Georgia, proposed merger with Peoples Interim Corporation — report on competitive factors. Submitted, January 25, 1990. San Francisco Trans Pacific National Bank, San Francisco, California, proposed purchase of assets and assumption of liabilities of the Alameda Branch of Southern California Federal Savings & Loan Association, Beverly Hills, California — report on competitive factors. Submitted, January 25, 1990. Cleveland Ultra Bancorp, Xenia, Ohio, proposed acquisition of assets and assumption of the liabilities of Home Federal Savings Bank — report on competitive factors. Submitted, January 26, 1990. Boston Webster Financial Corporation, Waterbury, Connecticut, proposed merger with Eagle Financial Corp., Bristol, Connecticut — report on competitive factors. Submitted, January 24, 1990. H.2 JANUARY 22, 1990 PAGE 7 TO JANUARY 26, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS TIME San Francisco Philadelphia El Capitan Bancshares, Inc., Sonora, California — extension to Hay 20, 1990, to acquire El Capitan National Bank. Granted, January 23, 1990. First Eastern Corp., Wilkes-Barre, Pennsylvania — extension to dispose of certain property. Granted, January 23, 1990. San Francisco First Interstate Bancorp, Los Angeles, California — extensions to divest certain properties. Granted, January 22, 1990. Richmond Riggs National Corporation, Washington, D. C. — extension to April 28, 1990, to engage de novo in commercial lending activities. Granted, January 25, 1990. San Francisco Security Pacific Corporation, Los Angeles, California — extensions to divest certain properties. Granted, January 26, 1990. Atlanta Summerville / Trion Bancshares, Inc., Summerville, Georgia — extension to April 23, 1990, to engage de novo in insurance activities. Granted, January 22, 1990. Atlanta SunTrust Banks, Inc., Atlanta, Georgia — extension to April 27, 1990, to acquire BHC Holdings, Inc., Philadelphia, Pennsylvania, and engage in securities brokerage activities. Granted, January 22, 1990. Atlanta Twin Cities Financial Services, Inc., Maryville, Tennessee — extension to March 9, 1990, to achieve change in bank control. Granted, January 23, 1990. Chicago Withee Bank Shares, Inc., Withee, Wisconsin — extension to May 7, 1990, to acquire State Bank of Withee. Granted, January 25, 1990. H.2 JANUARY 22, 1990 PAGE 8 TO JANUARY 26, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY MEMBERSHIP Atlanta Metro Interim Bank, Atlanta, Georgia — to become a member of the Federal Reserve System. Approved, January 26, 1990. RESERVE BANK OPERATIONS Director, FRBO Federal Reserve Bank of Cleveland — to purchase mail stuffing and sorting machines for the Pittsburgh Branch. Approved, January 22, 1990. SECURITIES REGULATION Staff Director BS&R Over-the-counter stocks — revised list of OTC stocks subject to margin requirements, effective February 12, 1990. Published, January 26, 1990. H.2 JANUARY 22, 1990 PAGE 9 ADDITIONS AND CORRECTIONS TO JANUARY 26, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CAPITAL STOCK Boston PeopleTs Savings Financial Corp., New Britain, Connecticut — redemption of shares. Approved, January 20, 1990. EXTENSIONS OF TIME Chicago Capitol Bancorp, Ltd., Lansing, Michigan — extension to May 10, 1990, to acquire Portage Commerce Bank, Portage, Michigan. Granted, January 19, 1990. 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 AID FEDERAL REGISTER NOTICE Application Comment Period Ending Date Cheshire Financial Corporation, Keene, New Hanpshire - 3(a)(3) application to acquire Village Savings Bank, Greenville, New Hanpshire Newspaper 02-12-90 Federal Register Not Yet Established SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Comment Period Ending Date Application NONE SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Comment Period Ending Date Application NONE 'Subject to CRA F e d e ra l 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 Noribanking Applications fSubject to Federal Register Notice Only) The Daiwa Bank, Ltd., Osaka, Japan to engage through its subsidiary, Daiwa Bk (Connecticut) Inc., in loan production activities. N/A SECTION IV Applications Not Involving ______Public Comment______ Ihe Bank of New York, New York, New York, to make an additional investment in International Commercial Bank PLC, London, England. / 1 2/ 3/ 4/ Subject to provisions of Community Reinvestment Act. Later of dates specified in newspaper and Federal Register notices. Date specified in newspaper notice; a later date may be specified in the Federal Register notice. N/A - Not Available Date specified in Federal Register notice; a later date may be specified in the newspaper notice. FEDERAL RESERVE BA N KO F PHILADELPHIA As of 1/26/90 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Comment Period Ending Date Penn Bancshares, Inc. Pennsville, NJ 1/ for Donald L. Masten to own more than 25% of Penn Bancshares, Inc., pursuant to the Change in Bank Control Act. Newspaper: Federal Register: *N/A 2/9/90 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Comment Period Ending Date None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE None. 1/ Subject to provisions of Community Reinvestment Act. * N/A - not yet available. Ten Independence Mall, Philadelphia, PA 19106-1574, (215) 574-6000 Applications Bulletin For W e e k E n ding Ja n u a r y 27, 1990 S E CTION 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 O N L Y APPLICATION CO M M E N T P E RIOD E N D I N G R e c e i v e d appl i c a t i o n on Ja n u a r y 9, 1990 * Febr u a r y 4, from Ohio C itizens Bank, Toledo, Ohio, to e s t a b l i s h a CBCT b r a n c h at 4180 Suder Avenue, Toledo, Ohio. 1990 # SECTION II - A P P L I C A T I O N S SUBJECT TO BOT H N E W S P A P E R AND FEDERAL R E G I S T E R NO T I C E Rec e i v e d Section 3(a)(3) appl i c a t i o n on J a nuary 22, 1990 from Cardinal Bancshares, Inc., Lexington, Kentucky, to acquire 30.560 pe r c e n t of the v o t i n g shares of Trans K e n t u c k y Bancorp, Pikeville, Kentucky. * N o t Yet Kn o w n # SECTION III - A P P L I C A T I O N S S U BJECT TO F EDERAL R E G I S T E R NOTI C E O NLY R e c e i v e d Section 4(c)(8) N o t i f i c a t i o n on J a nuary 16, 1990 from First Financial Bancorp, Monroe, Ohio, of its intent to engage de novo in making, acquiring, or servicing loans or other extensions of credit (including issuing letters of credit and accep t i n g drafts) for the company's account or for the account of others p u r s u a n t to S e ction 225.25(b)(1) of R e g u l a t i o n Y. * # N F - Feb r u a r y 9, 1990 Subject to CRA E x p e c t e d to end a p prox imately 30 days from the date of receipt N e w s p a p e r C o mment Per i o d Federal R e g i s t e r Comment Period Applications Bulletin For W e e k Endi n g J a n u a r y 27, 1990 SECTION IV - A P P L I C A T I O N S N O T SUBJECT TO F E DERAL R E G I S T E R NO T I C E OR N E W S P A P E R NO T I C E NONE * * # N F - Subject to CRA Exp e c t e d to end a p p r o x imately 30 days from the date of receipt N e w s p a p e r C o m m e n t Pe r i o d Federal R e g i s t e r C o mment Period Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Crestar Bank, Richmond, Virginia, for prior approval to acquire branch offices of Perpetual Savings, F.S.B., McLean, Virginia, located in Virginia Beach and Hampton, Virginia.* 2-19-90 First Virginia Bank of Tidewater, Norfolk, Virginia, request for permission to establish an Electronic Funds Transfer facility in the Webb University Center at Old Dominion University, Hampton Boulevard, Norfolk, Virginia.* 2-22-90 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date MNC Financial, Inc., Baltimore, Maryland, for prior approval to acquire Mid-Atlantic Holdings, Inc., Fayetteville, North Carolina.* ** 1-29-90 Vandalia National Corporation, Morgantown, West Virginia, for prior approval to become a bank holding company through the acquisition of The National Bank of West Virginia, Morgantown, West Virginia, a de novo bank.* 2-23-90 Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date None Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None *Application is subject to CRA. **Expiration of comment period specified in the Federal Register. Federal Reserve Bank of Atlanta Applications Bulletin Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Towerbank Corporation 02-18-90 Miami, Florida Newspaper 1-BHC formation, Key Biscayne Bank and Trust Company, Key Biscayne, Florida. BMR Financial Group, Inc. 02-12-90 Atlanta, Georgia Newspaper Change in control by James L. Greene to acquire an additional 11.9 percent of the outstanding shares of common stock that will increase his total percentage ownership to 22.6 percent. Eagle Bancorp, Inc. 02-21-90 Statesboro, Georgia Newspaper 1-BHC formation, Eagle Bank and Trust, Statesboro, Georgia (in organization). Peoples Banking Corporation 02-15-90 Blackshear, Georgia Federal Register 1-BHC formation, Peoples Bank, Blackshear, Georgia. Section III - Applications Subject to Federal Register Notice Only Application First Florida Banks, Inc. Tampa, Florida To acquire Mid-State Federal Savings Bank, Ocala, Florida, pursuant to section 225.25(b)(9) of Regulation Y. Main Street Banks Incorporated Covington, Georgia To acquire Main Street Savings Bank, F.S.B., Conyers, Georgia (in organization), and engage directly or indirectly in certain nonbanking activities, pursuant to section 225.25(b)(9) of Regulation Y. Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Middle Georgia Bankshares Inc. Unadilla, Georgia Commitment waiver request. North Florida Bank Corporation Madison, Florida Commitment waiver request. Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Type Application Comment Period Ending Date None Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Type Application Y—1 Fed One Corp. Griswold, Iowa Griswold State Bancshares, Inc. Griswold, Iowa Griswold State Bank Griswold, Iowa* FR - 12-6-89 N - 2-9-90 Y-2 F & M Bancorporation, Inc. Raukauna, Wisconsin Bancunion Corp. Lancaster, Wisconsin Union Bank & Trust Lancaster, Wisconsin* FR - 1-26-90 N - 1-26-90 Y-2 Iowa National Bankshares Corp. Waterloo, Iowa Monticello State Bank Monticello, Iowa* FR - 2-7-90 N - 2-10-90 Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Type Application Y-4 Fed One Corp. Griswold, Iowa Cass County Insurance Agency, Inc. Griswold, Iowa FR - 12-6-89 Y-l First of America Bank Corporation Kalamazoo, Michigan Primebank, Federal Savings Bank Grand Rapids, Michigan FR - ** Federal Reserve Bank of Chicago Section IV - Applications Not Subject to Federal Register Notice Or Newspaper Notice Type Application None N FR * ** - Newspaper Federal Register Subject to Provisions of Community Reinvestment Act Not available at this time Federal Reserve Bank of St. Louis January 26, 1990 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE None. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application Comment Period Ending Date Section 4(c)(8) application by Liberty National Bancorp, Inc., Louisville, Kentucky, to expand its securities activities conducted through Banker's Investment Group, Inc., Louisville, Kentucky, into underwriting and dealing in certain ineligible securities and by engaging in securities transactions as riskless principal (Not available) SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE None. FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to ______ Newspaper Notice Only______ Comment Period Ending Date Application Farmers State Bank Victor, MT To establish a de novo branch in Florence, MT 2-24-90 Ronan State Bank Ronan, MT To establish a de novo branch in Pablo, MT Not yet available Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Application Mid-Wisconsin Financial Services, Inc. Medford, WI To acquire the North Holding Company, Inc. Neillsville, WI* Not yet available Robert S. Baker To increase his ownership to 17.20% of Minnehaha Banshares, Inc., Sioux Falls, SD Not yet available Section III - Applications Subject to Federal Register Notice Only Application Janesville Holding Company Janesville, MN To engage de novo in making and servicing loans. * Subject to CRA Comment Period Ending Date 2-9-90 FEDERAL RESERVE BANK OF MINNEAPOLIS Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None. Federal Reserve Bank o f Kansas City SECTION I ~ APPLICATIONS SUBJECT TO N E W S P A P E R NOTICE ONLY APPLICATION COMMENT P E RIOD E N DING DATE None SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER N O T I C E APPLICATION COMMENT PERIOD ENDI N G DATE Lafayette Bancshares, Inc., Independence, Missouri, for prior approval to become a bank holding company through the acquisition of 100 percent of the voting shares of Lafayette County Bancshares, Inc., Lexington, Missouri, and thereby indirectly acquire 85.86 percent of the voting shares of Lafayette County Bank of Lexington, Lexington, Missouri.* Not A v a i l a b l e James E. Brock, Sterling, Kansas, for prior approval to increase his ownership interest in Quivira Banc Shares, Inc., Sterling, Kansas ("Company"), from 16.27 percent to 24.99 percent, Russell Wilkey, Sterling, Kansas, for prior approval to increase his ownership interest in Company from 16.27 percent to 24.99 percent, W i lliam R. Ball, Sterling, Kansas, for prior approval to increase his ownership interest in Company from 14.56 percent to 23.28 percent, and Gary Proffitt, Sterling, Kansas, for prior approval to increase his o wner ship interest in Company from 16.27 percent to 24.99 percent. Not A v a i l a b l e Federal Reserve Bank o f Kansas City SE C T I O N III ~ APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY COMMENT PERIOD ENDING DATE APPLICATION None. SECTION IV ~ APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION Burling ton Bancshares, Inc., Burlington, Colorado, for prior approval to redeem 3,000 shares of its own Class B common stock. ♦Application is subject to CRA FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF JANUARY 22, 1990 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP ^Section 3(a)(1) application by Del Rio National Bancshares, Inc., Del Rio, TX, to acquire Del Rio National Bank, Del Rio, TX 90/02/15 Change in Control Notice by Jack W. Schuler, Lake Bluff, IL, to acquire an interest in USA Bancshares, Inc., Dallas, TX 90/01/27 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION Notice by Waskom Bancshares, Inc., Waskom, TX, to redeem 14,607 shares of its common stock * SUBJECT TO CRA. ** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY N/A - NOT AVAILABLE AT THIS TIME. FEDERAL RESERVE BANK OF SAN FRANCESCO Week ending 1/26/90 Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Nevada Community Bank, Las Vegas, Nevada (In Organization), to become a member of the Federal Reserve System. Newspaper: 2/15/90 Section II - Applications Subject to Both Newspaper and Federal Register Notice Mission Valley Bancorp, Pleasanton, California, to acquire Concord Commercial Bank, Concord, California. * Newspaper: 2/20/90 Fed. Rea.: 2/16/90 Security Bank Holding Company Employee Stock Ownership Plan to increase ownership of Security Bank Holding Company, Coos Bay, Oregon, from 17.5 to 24.9 percent. Newspaper: 1/25/90 Fed. Rea.: 2/14/90 Section III - Applications Subject to Federal Register Notice Only None Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice None * Subject to CRA.