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RESEARCH library
ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1995, No. 4
frgAtlticnis.ady fcke Board, its Staff, and
a &idl
PWa8al Reserve Banks;
and Reports Received
DuringO^^ygLe^lf Ending January 28, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

TESTIMONY AND STATEMENTS

Mexican economic and financial situation -- statement
by Chairman Greenspan before the House Committee on
Banking and Financial Services on January 25, 1995.
Published, January 25, 1995.
Mexican economic and financial situation -- statement
by Chairman Greenspan before the Senate Committee
on Foreign Relations on January 26, 1995.
Published, January 26, 1995.
U.S. economy -- statement by Chairman Greenspan
before the Senate Committee on Finance on
January 25, 1995.
Published, January 25, 1995.
U.S. economy -- statement by Chairman Greenspan
before the Senate Committee on the Budget on
January 26, 1995.
Published, January 26, 1995.
BANK BRANCHES. DOMESTIC

Marine Midland Bank, Buffalo, New York -- to
establish a branch at P&C Store #130, 3577 West
Genesee Street, Syracuse, New York, and an off-site
electronic facility in the Wilson Commons Building
at the University of Rochester, Rochester, New
York.
Approved, January 25, 1995.
BANK HOLDING COMPANIES

Whitney Holding Corporation, New Orleans, Louisiana - to acquire Whitney Bank of Alabama, Mobile,
Alabama.
Approved, January 23, 1995.
ENFORCEMENT




PT Bank Niaga, Jakarta, Indonesia, and its Los
Angeles agency -- second amendment to a written
agreement dated January 8, 1993, with the Federal
Reserve Bank of San Francisco.
Announced, January 26, 1995.

H.2
JANUARY 23, 1995
PAGE 2

TO

JANUARY 27, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

INTERNATIONAL OPERATIONS
J.P. Morgan & Co. Incorporated, New York, New York -to make additional investments in Banco Espanol
de Credito, S.A., Madrid, Spain, through JMP
International Capital Corp. and Corsair Partnership
L.P.
Approved, January 25, 1995.
REGULATIONS AND POLICIES
Capital adequacy -- request for public comment on a
proposal to aiaend the Boardfs capital adequacy
guidelines f o r state member banks and bank holding
companies regirding the regulatory capital
treatment of certain transfers of assets with
recourse (Docket R-0870).
Approved, January 25, 1995.

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and
Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve
Bank Operations; IF * International Finance; OSDM - Office of Staff Director
for Management
BANK BRANCHES. DOMESTIC




Kansas City

BancFirst, Oklahoma City, Oklahoma --to establish a
branch at 128 West Main Street, Marlow, Oklahoma.
Approved, January 24, 1995.

Philadelphia

Berks County Bank, Reading, Pennsylvania --to
establish a branch at 2 Woodland Road, Wyomissing,
Pennsylvania.
Approved, January 27, 1995.

Richmond

F & N Bank-Winchester, Winchester, Virginia --to
establish a branch at Route 50 West and Route 340,
Boyce, Virginia.
Approved, January 27, 1995.

H.2

JANUARY 23, 1995
PAGE 3

TO

JANUARY 27, 1995

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK BRANCHES. DOMESTIC
San Francisco

Northrim Bank, Anchorage, Alaska -- to establish an
automated teller machine in the Alaska Native
Hospital, 255 Gambell Street.
Approved, January 23, 1995.

Cleveland

PremierBank & Trust, Elyria, Ohio -- to establish
branch facilities at 38475 Chestnut Ridge Road,
Elyria, and 15181 State Route 58, Oberlin, Ohio.
Approved, January 23, 1995.

Chicago

Rushville State Bank, Rushville, Illinois -- to
establish an offsite electronic facility at
551 West Clinton Street.
Approved, January 27, 1995.

BANK HOLDING COMPANIES




Dallas

Austin County Bankshares - Delaware, Inc.,
Wilmington, Delaware -- to acquire Austin County
State Bank, Bellville, Texas.
Approved, January 24, 1995.

Cleveland

Bank of Kentucky Financial Corporation, Florence,
Kentucky -- to acquire Burnett Federal Savings
Bank, Covington, Kentucky.
Approved, January 27, 1995.

Chicago

Banner Bancorp, Ltd., Birnamwood, Wisconsin, and
Eitzen Independents, Inc., Eitzen, Minnesota -- to
engage de novo in general insurance activities.
Permitted, January 26, 1995.

St. Louis

Boatmen's Bancshares, Inc., St. Louis, Missouri -- to
acquire Salem Community Bancshares, Inc., Salem,
Illinois, and Community State Bank.
Approved, January 23, 1995.

St. Louis

Boatmen's-Illinois, Inc., St. Louis, Missouri -- to
acquire Boatmen's Bank of South Central Illinois,
Mt. Vernon, Illinois.
Approved, January 23, 1995.

H.2
JANUARY 23, 1995
PAGE 4

TO

JANUARY 27, 1995

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Boston

Campello Bancorp, Brockton, Massachusetts --to
acquire The Community Bank.
Approved, January 27, 1995.

Kansas City

Commerce Bancshares, Inc., Kansas City, Missouri -to acquire Union Bancshares, Inc., Wichita, Kansas,
and UBI Financial Services, Inc.
Approved, January 24, 1995.

Chicago

Community Bancorp, Inc., Norwalk, Wisconsin -- to
acquire Community State Bank.
Approved, January 27, 1995.

Secretary

Dacotah Bank Holding Co., Aberdeen, South Dakota -to acquire Grue Abstract Company, Webster, South
Dakota, and engage in the sale of title insurance
and title abstract activities.
Approved, January 27, 1995.

St. Louis

First Banks, Inc., Clayton, Missouri -- to acquire
HNB Financial Group, Huntington Beach, California,
and Huntington National Bank.
Approved, January 27, 1995.

Chicago

Firstar Corporation, Milwaukee, Wisconsin, and
Firstar Corporation of Minnesota, Bloomington,
Minnesota -- to acquire Investors Insurance Agency,
Inc., Wayzata, Minnesota,
Approved, January 26, 1995.

Chicago

Firstar Corporation, Milwaukee, Wisconsin, and
Firstar Corporation of Minnesota, Bloomington,
Minnesota -- to acquire Investors Bank Corp.,
Wayzata, Minnesota, and Investors Savings Bank,
F.S.B.
Approved, January 27, 1995.

San Francisco

Frontier Bancorp, Redondo Beach, California --to
acquire Frontier State Bank.
Returned, January 25, 1995.

Chicago

Ida Grove Bancshares, Inc., Ida Grove, Iowa -- to
acquire American National Bank.
Returned, January 24, 1995.

H.2
JANUARY 23, 1995
PAGE 5

TO

JANUARY 27, 1995

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Dallas

Kidd Partners, Ltd., Chandler, Texas -- to acquire
Chandler Bancorp, Inc., and Citizens State Bank.
Approved, January 27, 1995.

GC

Lincoln County Bancorp, Inc., Troy, Missouri
(successor to Altenburg Bancorp, Inc.) -determination that the sale of certain real
estate constitutes divestiture.
Granted, January 26, 1995.

Chicago

Longview Capital Corporation, Newman, Illinois --to
acquire First Prairie Bankshares, Inc., Georgetown,
Illinois, and First National Bank of Georgetown.
Approved, January 27, 1995.

Minneapolis

Otto Bremer Foundation, St. Paul, Minnesota, and
Bremer Financial Corporation -- to expand their
general insurance agency activities through
acquisition of Morris State Agency, Morris,
Minnesota.
Approved, January 26, 1995.

Atlanta

Port St. Lucie National Bank Holding Corporation,
Port St. Lucie, Florida -- to engage de novo in
making, acquiring, or servicing loans.
Permitted, January 26, 1995.

Boston

Shawmut National Corporation, Hartford, Connecticut
--to acquire Shawmut Bank New York, N.A.,
Schnectady, New York.
Approved, January 24, 1995.

Chicago

Shorebank Corporation, Chicago, Illinois -- to
implement a community development program through
ShoreTrust Trading Group, Inc., Ilwaco, Washington.
Approved, January 27, 1995.

St. Louis

St. Peter Bancshares, Inc., St. Peter, Illinois -- to
acquire First State Bank of St. Peter.
Approved, J a n u a r y 27, 1995.

H.2
JANUARY 23, 1995
PAGE 6

TO

JANUARY 27, 1995

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES
Dallas

TNB Holding Company, Wilmington, Delaware -- to
acquire The Texarka National Bank, Texarkana,
Texas.
Approved, January 27, 1995.

Richmond

Triangle Bancorp, Inc., Raleigh, North Carolina -- to
merge with Atlantic Community Bancorp, Inc., Rocky
Mount, North Carolina.
Approved, January 23, 1995.

Kansas City

Union Bancshares, Inc., Wichita, Kansas -- to acquire
CBI-Central Kansas, Inc., Kansas City, Missouri.
Approved, January 24, 1995.

BANK MERGERS




Kansas City

BancFirst, Oklahoma City, Oklahoma --to merge with
State National Bank, Marlow, Oklahoma.
Approved, January 24, 1995.

San Francisco

Bank of San Ramon Valley, San Ramon, California -- to
acquire a branch of Alameda First National Bank,
Alameda, California, at 12111 Alcosta Boulevard,
San Ramon, California.
Returned, January 24, 1995.

St. Louis

Callaway Bank, Fulton, Missouri --to merge with
Steedman Bank, Mokane, Missouri, and establish a
branch.
Approved, January 27, 1995.

San Francisco

Commercial Bank of Fremont, Fremont, California --to
acquire the branches of Alameda First National
Bank, Alameda, California, at 4501 Eggers Drive and
40015 Mission Boulevard, Fremont, California.
Returned, January 24, 1995.

San Francisco

Concord Commercial Bank, Concord, California -- to
acquire a branch of Alameda First National Bank,
Alameda, California, at 4663 Clayton Road, Concord,
California.
Returned, January 24, 1995.

H. 2
JANUARY 23, 1995
PAGE 7

TO

JANUARY 27, 1995

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK MERGERS
Richmond

Triangle East Bank, Raleigh, North Carolina -- to
merge with Unity Bank & Trust Company, Rocky Mount,
North Carolina, and establish
branches.
Approved, January 23, 1995.

BANK PREMISES

Chicago

Hawkeye Bank Des Moines, Des Moines, Iowa -investment in bank premises.
Returned, January 23, 1995.

Cleveland

Iron and Glass Bank, Pittsburgh, Pennsylvania -investment in bank premises.
Approved, January 25, 1995.

BANKS. STATE MEMBER

Director, BS&R

AmSouth Bank of Alabama, Birmingham, Alabama -transfer agent registration.
Approved, January 26, 1995.

St. Louis

Arkansas Bank S Trust Company, Hot Springs,
Arkansas -- payment of a dividend.
Approved, January 25, 1995.

Minneapolis

Farmers State Bank of Denton, Denton, Montana -payment of a dividend.
Approved, January 24, 1995.

CAPITAL STOCK




Kansas City

Buffalo Bancshares, Inc., Buffalo, Oklahoma -redemption of shares.
Approved, January 27, 1995.

Minneapolis

Pine City Bancorporation, Pine City, Minnesota -redemption of shares.
Approved, January 27, 1995.

H.2
JANUARY 23, 1995
PAGE 8

TO

JANUARY 27, 1995

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

CHANGE IN BANK CONTROL

Kansas City

Buffalo Bancshares, Inc., Buffalo, Oklahoma -- change
in bank control.
Permitted, January 27, 1995.

San Francisco

Garfield Bank, Montebello, California -- change in
bank control.
Permitted, January 26, 1995.

Minneapolis

Security State Bank Shares, Poison, Montana -- change
in bank control.
Permitted, January 27, 1995.

Atlanta

Tag Bancshares, Inc., Trenton, Georgia -- change in
bank control.
Permitted, January 27, 1995.

Minneapolis

Yelowstone Trail Bancorporation, Ipswich, South
Dakota -- change in bank control.
Permitted, January 24, 1995.

COMPETITIVE FACTORS REPORTS




Boston

Awane Bank, FSB, Peterborough, New Hampshire,
proposed purchase of the assets and assumption of
the liabilities of Awane Credit Union - report on
competitive factors.
Submitted, January 23, 1995.

Richmond

Bank of Raleigh, Inc., Beckley, West Virginia,
proposed purchase of certain assets and assumption
of the liability to pay deposits made in the
Beaver, Oak Hill, and Sophia, West Virginia,
branches of Huntington National Bank West Virginia,
Morgantown, West Virginia -- report on competitive
factors.
Submitted, January 25, 1995.

Richmond

Bank of Southside Virginia, Carson, Virginia,
proposed purchase of certain assets and assumption
of the liability to pay deposits made in the
Boykins, Capron, and Franklin, Virginia, branches
of NationsBank of Virginia, N.A., Richmond,
Virginia - report on competitive factors.
Submitted, January 24, 1995.

H.2
JANUARY 23, 1995
PAGE 9

TO

JANUARY 2 7

,1995

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS




Chicago

Bank West Financial Corporation, Grand Rapids,
Michigan, proposed acquisition of Bank West Federal
Savings Bank -- report on competitive factors.
Submitted, January 25, 1995.

Cleveland

Brentwood Savings Bank, Pittsburgh, Pennsylvania,
proposed reorganization as a mutual holding
company, establishment of a stock savings bank, and
transfer of part of its assets and liabilities to
the stock savings bank -- report on competitive
factors.
Submitted, January 25, 1995.

Richmond

Citizens Bank, Murphy, North Carolina, proposed
purchase of certain assets and assumption of the
liability to pay deposits made in the Andrews,
North Carolina, branch of First Union National Bank
of North Carolina, Charlotte, North Carolina -report on competitive factors.
Submitted, January 24, 1995.

Atlanta

Clayton County Savings and Loan Association,
Jonesboro, Georgia, proposed conversion to a stock
savings and loan association and formation of a
mutual holding company -- report on competitive
factors.
Submitted, January 24, 1995.

Cleveland

Commercial Savings Bank, Upper Sandusky, Ohio,
proposed merger with The Upper Bank -- report on
compet it ive factors.
Submitted, January 25, 1995.

St. Louis

Cotton Exchange Bank, Kennett, Missouri, proposed
merger with Commerce Bank of Southeast Missouri,
N.A., Poplar Bluff, Missouri -- report on
compet it ive factors.
Submitted, January 24, 1995.

Philadelphia

Farmers and Merchants Trust Company of Chambersburg,
Chamburgsburg, Pennsylvania, proposed merger with
The Mont Alto State Bank, Mont Alto, Pennsylvania
-- report on competitive factors.
Submitted, January 26, 1995.

H.2
JANUARY 23, 1995
PAGE 10

TO

JANUARY 27, 1995

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS




Richmond

Fidelity Bank, Fuquay-Varina, North Carolina,
proposed purchase of certain assets and assumption
of the liability to pay deposits made in the Buies
Creek, Moncure, and Roxboro branches of Centura
Bank, Rocky Mount, North Carolina -- report on
competitive factors.
Submitted, January 25, 1995.

Chicago

First Bank NA Wisconsin, Milwaukee, Wisconsin,
proposed purchase of assets and assumption of
liabilities of the Hudson, Wisconsin, branch of
Metropolitan Federal Bank, FSB, Fargo, North Dakota
-- report on competitive factors.
Submitted, January 23, 1995.

Atlanta

First National Bank and Trust of Martin County,
Stuart, Florida, proposed acquisition of American
Bank of Martin County -- report on competitive
factors.
Submitted, January 24, 1995.

Philadelphia

First State Bank, Wilmington, Delaware, proposed
merger with Interim First State Bank -- report on
competitive factors.
Submitted, January 27, 1995.

Kansas City

FirsTier Bank, N.A., Omaha, Nebraska, proposed merger
with River City National Bank -- report on
competitive factors.
Submitted, January 26, 1995.

San Francisco

Great Western Bank, Dallas, Oregon, proposed merger
with The Commercial Bank, Salem, Oregon -- report
on competitive factors.
Submitted, January 24, 1995.

San Francisc<>
Frameisco

Home Savings of America, FSB, Irwindale, California,
proposed acquisition of deposits and assets of the
home office of Plaza Home Mortgage Bank, F.S.B.,
Santa Ana, California -- report on competitive
factors.
Submitted, January 26, 1995.

H.2
JANUARY 2 3
PAGE 11

,1995

TO

JANUARY 27, 1995

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS




Chicago

M&I Bank, S.S.B., Sheboygan, Wisconsin, proposed
purchase of two branches of M&I Marshall & Ilsley
Bank, Milwaukee, Wisconsin -- report on competitive
factors.
Submitted, January 25, 1995.

San Francisco

Metrobank, Torrance, California, proposed merger with
National Bank of Long Beach, Long Beach, California
-- report on competitive factors.
Submitted, January 24, 1995.

Dallas

National Commerce Bank, Houston, Texas, proposed
merger with The Frost National Bank, San Antonio,
Texas -- report on competitive factors.
Submitted, January 25, 1995.

Cleveland

Ohio Savings Bank, Cleveland, Ohio, proposed merger
with AmTrust Bank, F.S.B., Boca Raton, Florida -report on competitive factors.
Submitted, January 25, 1995.

Chicago

People's State Bank, Wausau, Wisconsin, proposed
merger with PSB Interim Bank -- report on
competitive factors.
Submitted, January 26, 1995.

Cleveland

Peoples National Bank of Mt. Pleasant, M t . Pleasant,
Ohio, proposed merger with Interim The Peoples
National Bank of Mt. Pleasant -- report on
competitive factors.
Submitted, January 25, 1995.

Cleveland

PNC Bank Ohio, N.A., Cincinnati, Ohio, proposed
merger with PNC Bank, Northern Kentucky, N.A.
report on competitive factors.
Submitted, January 25, 1995.

Chicago

Suburban Federal Savings, FSB, Flossmoor, Illinois,
proposed purchase of assets and assumption of
liabilities of the Willowbrook Office of St.
Anthony Bank, FSB, Cicero, Illinois -- report on
competitive factors.
Submitted, January 25, 1995.

H.2
JANUARY 23, 1995
PAGE 12

TO

JANUARY 27, 1995

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS
St. Louis

White County Bank, Carmi, Illinois, proposed merger
with White County Interim Bank -- report on
competitive factors.
Submitted, January 25, 1995.

Philadelphia

Wilmington Savings Fund Society, Wilmington,
Delaware, proposed purchase of assets and
assumption of liabilities of the Middletown,
Delaware, branch of Delaware Savings Bank, FSB,
Wilmington, Delaware -- report on competitive
factors.
Submitted, January 26, 1995.

EXTENSIONS OF TIME




San Francisco

Dai-Ichi Kangyo Bank, Ltd., Tokyo, Japan -- extension
to divest certain equipment.
Granted, January 25, 1995.

San Francisco

Dai-Ichi Kangyo Bank, Tokyo, Japan -- extension to
divest certain property.
Granted, January 25, 1995.

Richmond

First Virginia Bank of Tidewater, Norfolk, Virginia
-- extension to June 30, 1995, to establish a
branch at the Shore Plaza Shopping Center, U.S.
Route 13 bypass, Exmore, Virginia.
Granted, January 25, 1995.

Atlanta

Liberty Shares, Inc., Hinesville, Georgia -extension to April 27, 1995, to engage in consumer
finance and insurance agency activities through
Hinesville Finance, Inc.
Granted, January 25, 1995.

New York

Saban S.A., Panama City, Panama, and RNYC Holdings
Limited, Marina Bay, Gibraltar -- extension to
April 28, 1995, to acquire shares of Republic New
York Corporation, New York, New York.
Granted, January 25, 1995.

H.2
JANUARY 23, 1995
PAGE 13

TO

JANUARY 27, 1995

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

FORMS

Secretary

Annual Report of Foreign Banking Organizations
(FR Y-7) and Foreign Banking Organization
Confidential Report of Operations (FR 2068) -extension to March 9, 1995, of comment period on
proposed revisions.
Granted, January 23, 1995.

INTERNATIONAL OPERATIONS

Director, BS&R

Citibank, N.A., New York, New York -- to make an
additional investment in International Bank
Limited, Nassau, Bahamas.
Permitted, January 23, 1995.

Chicago

Comerica International Corporation, Detroit, Michigan
-- to amend its articles of association.
Approved, January 25, 1995.

SECURITIES REGULATION




Director, BS&R

Over-the-counter stocks -- revised list of OTC stocks
subject to margin requirements, and a list of
foreign margin stocks.
Published, January 27, 1995.

H.2
JANUARY 23, 1995
PAGE 14

ADDITIONS AND CORRECTIONS
TO

JANUARY 27, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

COMPETITIVE FACTORS REPORTS

Key Bank of Maine, Portland, Maine, proposed merger
with Casco Northern Bank, N.A., Portland, Maine -report on competitive factors.
Submitted, January 20, 1995.

ADDITIONS AND CORRECTIONS
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES

New York

BanPonce Corporation, Hato Rey, Puerto Rico, Popular
International Bank, Hato Rey, and BanPonce
Financial, Inc., Mt . Laurel, New Jersey -- to
acquire Banco Popular, FSB, Newark, New Jersey.
Approved, January 20, 1995.

BANK PREMISES




San Francisco

First Utah Bank, Salt Lake City, Utah -- investment
in bank premises.
Approved, January 12, 1995.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS

Application

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

Application
Pacific National Corporation,

Newspaper

Not Yet Established

Nantucket, Massachusetts Federal Register
Change in Bank Control
Notification filed on behalf
of the Josephine F. Waine Trust,
Marco Island, Florida
CFX Corporation, Keene, New
Hampshire - 3(a)(3) application
to acquire Orange Savings Bank,
Orange, Massachusetts**

Newspaper

John P.M. Higgins, Nicholas
H.S. Higgins, both of Portland,
Maine and Robert C .S . Monks,
Cape Elizabeth, Maine - Change
in Bank Control notification
to acquire 19.5%, 23.7% and
17.4%, respectively of Class E
common stock of Atlantic
Bancorp, South Portland, Maine

Newspaper

01-31-95

02-17-95

Federal Register

02-17-95

Not Yet Established

Federal Register

02-16-95

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Application

Comment Period Ending Date

Berkshire Financial
Federal Register
Services, Inc., Lee,
Massachusetts - 4(c)(8)
application to acquire
Berkshire Financial Centers
Inc., Lee, Massachusetts

Not Yet Established

*Subject to CRA.
**Rating Definitions:
"0" - Outstanding; "S" - Satisfactory; "N"
- Needs to Improve; "SN" - Substantial Noncompliance.



SECTION IV - APPLICATIONS NOT SUBJECT TO
FEDERAL REGISTER OR NEWSPAPER NOTICE
Abdication
NONE
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Institution




Examination Date
NONE

Rating*

Federal Reserve Bank of New York
Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
__________ Notice Only__________
Chemical Bank, New York, New York, to establish off-site
electronic facilities on the premises of The Waldorf-Astoria,
30 Park Avenue, New York, New York. 1/

2/23/95

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None.

SECTION III

Nonbanking Applications
(subject to Federal Register Notice Only)
Swiss Bank Corporation, Basel, Switzerland, to acquire
Brinson Holdings, Inc. ("Holdings"), a non-operating
Delaware holding company, and thereby to engage indirectly
through Holdings' subsidiaries, Brinson Partners, Inc.
and Brinson Trust Company, both of Chicago, Illinois, in
investment advisory and trust-related activities.

N/A

The Toronto-Dominion Bank, Toronto, Canada, to acquire
all the shares of Lancaster Financial Holdings, Inc.,
Toronto, Canada ("Lancaster"), and thereby to engage
indirectly through Lancaster's wholly-owned subsidiary,
Lancaster Financial Corporation, New York, New York
("Lancaster Financial"), in financial advisory activities
pursuant to Section 225.25(b)(4)(vi) of Regulation Y. Upon
consummation, Lancaster Financial would be merged into
Toronto Dominion Securities (USA) Inc., New York, New York.

N/A

1/ Subject to provisions of Community Reinvestment Act.




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 an
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 28. 1995
NAME OF BANK

RATING

EXAMINATION DATE

None.

1/
2/
3/
4/

Subject to provisions of Community Reinvestment Act.
Later of dates specified in newspaper and Federal Register notices.
Date specified in newspaper notice; a later date may be specified in
the Federal Register notice.
Date specified in Federal Register notice; a later date may be
specified in the newspaper notice.
N/A - Not Available




FEDERAL RESERVE BANK OF PHILADELPHIA

Section I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Republic Bank, Philadelphia, Pennsylvania to merge with Republic Interim Bank, pursuant
to Section 18(c) of the Federal Deposit Insurance Act.
Newspaper notice comment period expires:

02/28/95

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE
United Valiev Bancorp# Inc. Philadelphia, PA to form a bank holding company by
acquiring 100% of the voting shares of United Valley Bank, Philadelphia, PA, pursuant
to Section 3(a)(1) of the Bank Holding Company Act. United Valley Bank will merge with
UVB Interim Bank in order to effect the formation.
Newspaper notice comment
Federal Register comment

period expires:
period expires:

01/30/95
02/03/95

Republic Bancorporation, Inc., Philadelphia, PA seeks approval to become a bank holding
company, pursuant to Section 3(a)(1) of the Bank Holding Company Act.
(The holding
company will form over Republic Bank, Philadelphia, PA, a state member bank.)
Newspaper notice comment
Federal Register comment

period expires:
period expires:

02/28/95
Not Avail.

MNB Corporation, Bangor, PA, to form a bank holding company by acquiring 100% of the
voting shares of The Merchants National Bank of Bangor, Bangor, PA, pursuant to Section
3(a)(1) of the Bank Holding Company Act. The Merchants National Bank of Bangor will
merge with and into Merchants Interim National Bank in order to effect the formation.
Newspaper notice comment period expires:
Federal Register comment period expires:

02/10/95
Not Avail.

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
NONE
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE
NONE

1/ Subject to provisions of Community Reinvestment Act.




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 27, 1995.
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 mode rate-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
NONE




Examination Date

CRA Rating

Fe d e r a l R
of

C

eserve

B

ank

leveland

P. 0. B O X 6387
C L E V E L A N D , O H I O 4 4 1 01 - 1 38 7

APPLICATIONS BULLETIN
(For the week ending January 28,1995)
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Received notice from Commercial Bancshares, Inc., Upper
Sandusky, Ohio, on January 17,1995, of its intent to acquire
The Commercial Savings Bank, Upper Sandusky, Ohio, pursuant
to Section 3(a)(1) of the Federal Reserve Act.
Received notice from The Provident Bank, Cincinnati,
Ohio, on January 24,1995, of its intent to establish
a branch facility at 409 East Kember Road, Cincinnati,
Ohio.

*January 10, 1995

*February 10, 1995

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND
FEDERAL REGISTER NOTICE
Received Section 3(a)(5) application from Premier Financial
Bancorp, Inc., Vanceburg, Kentucky, on January 19,1995,
to acquire Georgetown Bancorp, Inc., Georgetown, Kentucky.
SECTION

m

*F: February 21, 1995

- APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
NONE

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER
NOTICE OR NEWSPAPER NOTICE
NONE

* - Subject to CRA
N - Newspaper Comment Period
F - Federal Register Comment Period
# - Expected to End 30 Days from Date of Receipt



AVAILABILITY O F CRA PUBLIC EVALUATIONS
(January 27, 1995)

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 27, 1995. 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 lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
SA TISFACTORY : a bank 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 IM PROVE: 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 lowand moderate-income 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 low- and 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

First Union International Banking
Corporation, Charlotte, North
Carolina, to establish a branch
in Los Angeles, California.*

Not yet available.

Section 11 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

ESB Bancorp, Inc., Enfield, North
Carolina, to become a bank holding
company through the acquisition of
Enfield Savings Bank, Inc., SSB,
Enfield, North Carolina.*

2-10-95

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

None.

Section IV - Application Not Subject to
Federal Register Notice or Newspaper Notice
None.

*&ppiication is subject to CRA requirements.



Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations
Week ending January 27, 1995

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

First Commercial Bank
3801 Wilson Boulevard
Arlington, Virginia 22203-1993

11-7-94

Satisfactory

The State Bank of the Alleghenies
116 West Riverside Avenue
Covington, Virginia 24426

11-7-94

Satisfactory

Rockingham Heritage Bank
110 University Boulevard
Harrisonburg, Virginia 22801

11-7-94

Satisfactory




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending January 27. 1995
Section 1 - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

None.
Section 2 - Applications SubHect to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

Independent Bancorp, Inc
02-24-95*
Oxford, Alabama
Federal Register
1-BHC formation, The Independent Bank of Oxford, Oxford, Alabama.
SouthTrust Corporation
02-22-95*
Birmingham, Alabama
Newspaper
To merge with CNB Capital Corporation, Pascagoula, Mississippi, and
thereby directly acquire Citizens National Bank, Pascagoula,
Mississippi, pursuant to Section 3(a) (5) of the Bank Holding
Company Act.
Bank Investors Limited Partnership
02-21-95*
Lafayette, Louisiana
Federal Register
To acquire Royal Bankgroup of Acadiana, Inc., Lafayette, Louisiana,
pursuant to Section 3(a)(3) of the Bank Holding Company Act.
Chance Investments, Inc.
02-21-95*
Lafayette, Louisiana
Federal Register
To acquire Royal Bankgroup of Acadiana, Inc., Lafayette, Louisiana,
pursuant to Section 3(a)(3) of the Bank Holding Company Act.
LBA Bankgroup, Inc.
02-21-95*
Lafayette, Louisiana
Federal Register
1-BHC formation, Bank of Lafayette, Lafayette, Louisiana.
Royal Bankgroup of Acadiana Partnership
02-21-95*
Lafayette, Louisiana
Federal Register
1-BHC formation, Royal Bankgroup of Acadiana, Inc., Lafayette,
Louisiana.

*Subject to provisions of the Community Reinvestment Act.



Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending January 27. 1995
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

Royal BankGroup of Acadiana Partnership
02-21-95*
Lafayette, Louisiana
Federal Register
To acquire Royal Bankgroup of Acadiana, Inc., Lafayette, Louisiana,
pursuant to Section 3(a)(3) of the Bank Holding Company Act.
First National Bancshares of Eunice, Inc.
Not yet available*
Eunice, Louisiana
After-the-fact change in control notice by Mr. Lawrence Russell
Burleigh, to retain 15.4 percent of the outstanding shares of First
National Bancshares of Eunice, Inc., Eunice, Louisiana.
Hibernia Corporation
Not yet available*
New Orleans, Louisiana
To merge with Progressive Bancorporation, Inc., Houma, Louisiana,
and thereby directly acquire Progressive Bank & Trust Company,
Houma, Louisiana, pursuant to Section 3(a)(5) of the Bank Holding
Company Act.
Deposit Guaranty Corp.
02-21-95*
Jackson, Mississippi
Federal Register
To merge with Citizens National Bancshares, Inc., Hammond,
Louisiana, and thereby directly acquire its subsidiary, Citizens
National Bank, Hammond, Louisiana, pursuant to Section 3(a)(5) of
the Bank Holding Company Act.
First Pikeville Bancshares, Inc.
02-15-95*
Pikeville, Tennessee
Newspaper
After-the-fact change in controlnotice by Mr. John William Staley,
to retain 10.66 percent of the outstanding shares of First
Pikeville Bancshares, Inc., Pikeville, Tennessee.
Bancol y Cia. en C. (formerly known as
Bancol S .
A.)
02-24-95*
Federal Register
Santa fe de Bogota, Colombia
1-BHC formation, Eagle National Bank of Miami, N.A., Miami,
Florida.
Issac Gilinski y Cia. S. en C .
Not yet available*
Santa fe de Bogota, Colombia
Through ownership of Bancol y Cia. en C., Santa fe de Bogota,
Colombia, 1-BHC formation, Eagle National Bank of Miami, N.A. ,
Miami, Florida.

*Subject to provisions of the Community Reinvestment Act.



Applications Bulletin for Week Ending January 27. 1995
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Comment Period Ending Date
Perla Bacal de Gilinski y Cia. S. en C .
Not yet available*
Santa fe de Bogota, Colombia
Through ownership of Bancol y Cia. en C., Santa fe de Bogota,
Colombia, 1-BHC formation, Eagle National Bank of Miami, N.A. ,
Miami, Florida.
Jaime Gilinski y Cia. S. en C .
Not yet available*
Santa fe de Bogota, Colombia
Through ownership of Bancol y Cia. en C., Santa fe de Bogota,
Colombia, 1-BHC formation, Eagle National Bank of Miami, N.A. ,
Miami, Florida.
PBZ Ltda. y Cia. S. en C .
Not yet available*
Santa fe de Bogota, Colombia
Through ownership of Bancol y Cia. en C., Santa fe de Bogota,
Colombia, 1-BHC formation, Eagle National Bank of Miami, N.A. ,
Miami, Florida.
Raquel Kardonski y Cia. S. en C.
Not yet available*
Santa fe de Bogota, Colombia
Through ownership of Bancol y Cia. en C., Santa fe de Bogota,
Colombia, 1-BHC formation, Eagle National Bank of Miami, N.A.,
Miami, Florida.
Section 3 - Applications Subject to Federal Register Only
Application

Comment Period Ending Date

Regions Financial Corporation
Not yet available*
Birmingham, Alabama
To acquire Fidelity Federal Savings Bank, Dalton, Georgia, pursuant
to Section 4(c) (8) of the Bank Holding Company Act and Section
225.25(b)(9) of Regulation Y.

*Subject to provisions of the Community Reinvestment Act.



Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending January 27. 1995
Comment Period Ending Date

Application

Barnett Banks, Inc.
02-10-95
Jacksonville, Florida
Along with its wholly-owned subsidiary, Barnett Mortgage Company,
Jacksonville, Florida, to acquire BancPLUS Financial Corporation,
San Antonio, Texas, and thereby engage in acquiring and servicing
mortgage loans, acting as principal, agent or broker for insurance
that is directly related to an extension of credit, supervising on
behalf of insurance underwriters the activities of retail insurance
agents who sell fidelity insurance and property and casualty
insurance on the real and personal property used in the operations
of the bank holding company or its subsidiaries, and group
insurance that protects the employees of the bank holding company
or its subsidiaries, and such other activities as are reasonably
incidental to the above activities, pursuant to Section 4(c) (8) of
the Bank Holding Company Act and Sections 225.25(b)(1)(iii);
225.25(b) (8) (i); and 225.25(b) (8)(v) of Regulation Y.

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice

Application
None.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending January 27. 1995
Section 10 - Availability of CRA Public Evaluations
The CRA public evaluations of the insured depository institutions
listed below became available during this week. Information about
an institution's CRA evaluation may be obtained directly from the
institution. In connection with the assessment of an institution's
CRA performance, a rating is assigned from the following groups:
Outstanding record of meeting community credit needs:
An
institution has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs:
An
institution has a satisfactory record of ascertaining and helping
to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs:
An
institution needs to improve its overall record of ascertaining and
helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs:
An
institution has a substantially deficient record of ascertaining
and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.

Examination
Bank
None.




Ratine

Date

Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only
Comment Period
Ending Date

Typ .
e

Application

Branch

Lake Forest Bank & Trust Company
Lake Forest, Illinois
810 A South Waukegan Road
Lake Forest, Illinois

N - 1-23-95

Branch

Comerica Bank
Detroit, Michigan
1625 Leonard, NE
Grand Rapids, Michigan
23191 Marter Road
St. Clair Shores, Michigan
25780 Middlebelt
Farmington Hills, Michigan
3518 Plainfield, NE
Grand Rapids, Michigan
47060 Pontiac Trail
Walled Lake, Michigan
5270 Eastern Avenue, SE
Grand Rapids, Michigan

N - 1-27-95

Merger/Branch

Old Kent Bank
N - 2-6-95
Elmhurst, Illinois
Edgewood Bank
Countryside, Illinois & to establish
branches at 1023 West 55th Street,
Countryside, Illinois and 7515 Jones Avenue
Woodridge, Illinois

Member

Central National Bank of Howard County
Russiaville, Indiana
to become a member of the Federal Reserve
System

N - 2-8-95

Branch

Comerica Bank
Detroit, Michigan
5700 Beckley Road
Battle Creek, Michigan

N - 2-4-95

Branch

Comerica Bank
Detroit, Michigan
294 Highland Avenue
Battle Creek, Michigan

N - 2-4-95

Member

Foxdale Bank
South Elgin, Illinois
to become a member of the Federal Reserve
System

N




1-12-95

Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only
Comment Period
Ending Date

Type

Application

Merger/Branch

Firstar Bank Illinois
N - **
Naperville, Illinois
All American Bank
Chicago, Illinois
Colonial Bank
Chicago, Illinois
Community Bank & Trust Company of Edgewater
Chicago, Illinois
Michigan Avenue National Bank
Chicago, Illinois
First Colonial Bank Southwest
Burbank, Illinois
First Colonial Bank of McHenry County
Crystal Lake, Illinois
First Colonial Bank of Downers Grove
Downers Grove, Illinois
York State Bank
Elmhurst, Illinois
Fox Lake State Bank
Fox Lake, Illinois
First Colonial Bank/Highwood
Highwood, Illinois
First Colonial Bank/Mundelein
Mundelein, Illinois
First Colonial Bank of DuPage County
Naperville, Illinois
First Colonial Bank/Northlake
Northlake, Illinois
Avenue Bank of Oak Park
Oak Park, Illinois
First Colonial Bank/Rosemont
Rosemont, Illinois
First Colonial Bank of Lake County
Vernon Hills, Illinois
First Colonial Bank Northwest
Niles, Illinois
and to establish 30 branches




Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice
Comment Period
Ending Date

Type

Application

Y-1

B J Morgan Bancshares, Inc.
Morgantown, Indiana
First State Bank
Morgantown, Indiana*

FR - 1-9-95
NP - 2-6-95

Y-2

National Bancorp, Inc.
Streamwood, Illinois
Northwest Community Bank
Project Heights, Illinois*

FR - 2-6-95
NP - 1-18-95

Y-2

First Michigan Bank Corporation
Holland, Michigan
Superior Financial Corporation
Sault Sainte Marie, Michigan
Sault Bank
Sault Sainte Marie, Michigan*

FR - 2-6-95
NP - 1-28-95

Y-l

West Plains Investors, Inc.
Pleasant Plains, Illinois
Pleasant Plains State Bank
Pleasant Plains, Illinois*

FR - 2-6-95
NP - 2-13-95

Y-l

First State Bancorp of Monticello, Inc.
Employee Stock Ownership Plan
Monticello, Illinois
First State Bancorp of Monticello, Inc.
Monticello, Illinois
Atwood State Bank
Atwood, Illinois
First State Bank of Bloomington
Bloomington, Illinois
First State Bank of Heyworth
Heyworth, Illinois
First State Bank Monticello
Hammond, Illinois*

FR - 1-6-95
NP - 2-8-95

Y-l

First Mutual Bancorp, Inc.
Decatur, Illinois
First Mutual Bank, S.B.
Decatur, Illinois*

FR - 2-3-95
NP - **

Y-l

First National Independent Bancorp, Inc.
LaGrange, Illinois
F.N.B.C. of LaGrange, Inc.
LaGrange, Illinois
Wesco Investment Corporations
LaGrange, Illinois*

FR
NP




11-21-94
2-10-95

Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice
Continued
Comment Period
Ending Dat.p

Type

Application

Y-2

Albert City Bankshares, Inc.
Albert City, Iowa
Citizens State Bank
Marathon, Iowa*

FR - 2-6-95
NP - 2-3-95

Y-2

Ida Grove Bancshares, Inc.
Ida Grove, Iowa
American National Bank
Ida Grove, Iowa*

FR - 2-13-95
NP - 1-29-95

Y-2

Goodenow Bancorporation
Okoboj i, Iowa
Jackson Bancorporation, Inc.
Fairmont, Minnesota
Bank Midwest, Minnesota Iowa, N.A.
Fairmont, Minnesota*

FR - 2-16-95
NP - **

Y-l

American Community Bankshares, Inc.
Wausau, Wisconsin
American Community Bank
Wausau, Wisconsin (in organization)*

FR - 2-17-95
NP - 2-13-95

Y-2

Marshall & Ilsley Corporation
Milwaukee, Wisconsin
Citizens Bancorp of Delavan, Inc.
Delavan, Wisconsin
Citizens Bank of Delavan
Delavan, Wisconsin
Sharon State Bank
Sharon, Wisconsin*

FR - **
NP - **

CoC-HC

Waterford Bancshares, Inc.
Waterford, Wisconsin
by Gerald F. Fitzgerald, Jr.

FR - 2-15-95
NP - **

Y-l

Foxdale Bancorp, Inc.
South Elgin, Illinois
Foxdale Bank
South Elgin, Illinois*

FR - 10-31-94
NP - 1-12-95




Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only
Comment Period
Ending Date

iyp.£

Application

4(c) (8)

Country Bank Shares Corporation
Mount Horeb, Wisconsin
to engage
novo in providing to others
data processing & data transmission
services

FR - 2-7-95

4(c) (8)

First of America Bank Corporation
Kalamazoo, Michigan
to engage de novo in high residual value
leasing

FR - 2-8-95

4(c) ( )
8

Lakeview Financial Corp
Lakeview, Michigan
Lakeview Mortgage Corporation
Lansing, Michigan
to engage de novo in making and
servicing of loans

FR - 2-9-95

4(c) (8)

National Bancorp, Inc.
Melrose Park, Illinois
National Bancorp Data Systems, Inc.
Melrose Park, Illinois
to provide data processing services to
their subsidiaries

FR - 2-10-95

4 (c)(8)

First Chicago Corporation
FR - **
Chicago, Illinois
to purchase & sale for its own account
of certain options & options on future
contracts with respect to certain bank-eligible
securities and Money Market instruments, for
purposes other than hedging: through its
subsidiary First Chicago Capital Markets, Inc.
Chicago, Illinois




Federal Reserve Bank of Chicago
Section IV - Applications Not Subject to Federal Register or Newspaper
Notice
Type

Application

RoS

Founders Bancorp, Inc.
Scottsdale, Arizona
to redeem 4,250 shares of the 23,000 shares outstanding of
series A preferred stock

N
FR
*
**

-

Newspaper
Federal Register
Subject to Provisions of Community Reinvestment Act
Not available at this time




AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following state member banks have been examined by the Federal Reserve
Bank of Chicago for compliance with the CRA. The 30-day business day period
the bank has to make the evaluation public has lapsed during the week ending
January 27, 1994.
If you are interested in obtaining a copy of the
evaluation document, please contact the bank(s) directly.
Identification of Ratings
O-An institution in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
S-An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
NI-An institution in this group needs to improve its overall record of
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.
SN-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 NAME/LOCATION
-State Bank of Niantic
200 East Lewis
Niantic, Illinois
62551
(217) 668-2334




EXAMINATION DATE

10/17/94

RATINGS

S

Federal Reserve Bank of St. Louis

FOR THE WEEK ENDING January 27, 1995

Application

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
End of Comment Period

★Section 9 application by Citizens Bank, Hartford,
Kentucky, to establish a branch office at 1051
North Main Street, Beaver Dam, Kentucky.

Application

1/24/95

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
End of Comment Period

★Section 3(a)(3) application by Mercantile
Bancorporation Inc., St. Louis, Missouri, to
acquire TCBankshares, Inc., North Little
Rock, Arkansas.

Newspaper: 2/20/95

★Section 3(a)(3) application by Gainesville
Bancshares, Inc., Gainesville, Missouri, to
acquire Douglas County National Bank, Ava,
Missouri.

Newspaper:

2/20/95

★Section 3(a)(3) application by Boatmen's
Bancshares, Inc., St. Louis, Missouri, to
acquire West Side Bancshares, Inc., San
Angelo, Texas

Newspaper:

2/22/95

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application
End of Comment Period
None.

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
End of Comment Period
None.

★This Application is subject to CRA.




FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification of Ratings:
Outstanding record of meeting community credit needs
A n institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to
meet the credit needs of its entire delineated community, including lo w - and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.

Satisfactory record of meeting community credit needs
A n institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs
of its entire delineated community, including lo w - and moderate- income neighborhoods, in a manner
consistent with its resources and capabilities.

Needs to improve record of meeting community credit needs
A n 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
A n 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.

FOR THE WEEK ENDING

Name of Bank
The Elberfeld State Bank




January 27, 1995

Bank Address
P.0. Box 38
Elberfeld, IN

Examination
Date

Examination
Rating

9-26-9
47613

4

Satisfactory

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section I - Applications Subject to
Newspaper Notice Only
Comment Period
Ending Date

Application
NONE.

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section II - Applications Subject to Both
Newspaper and Federal Register Notice

Application

Comment Period
Ending Date

Norwest Corporation, Minneapolis, MN,
to acquire 100% of the voting shares
of the United Texas Financial
Corporation, Wichita Falls, TX

February 21, 1995
(Federal Register)

Norwest Corporation, Minneapolis, MN,
to acquire 100% of the voting shares
of the Goldenbanks of Colorado, Inc.,
Golden, CO

February 21, 1995
(Federal Register)

James A. Redding and Mary Gene Clark,
to acquire 74% of the voting shares of
Windom State Investment Company, Windom,
MN

Not yet available

^Subject to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section III - Applications Subject
to Federal Register Notice Only
Comment Period
Ending Date

ADDlication
Norwest Corporation, Minneapolis, MN,
to engage in trust company activities
Stan-Shaw Corporation, Anaheim Hill,
CA

Not yet available

Norwest Corporation, Minneapolis, MN,
to engage in insurance agency activities
through the acquisition of Directors
Insurance Service, Riverside, CA

Not yet available

Norwest Corporation, Minneapolis, MN,
to engage in mortgage origination and
servicing and savings association
activities, through the acquisition of
Directors Mortgage Loan Corporation,
Riverside, CA

Not yet available

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice

Application
NONE.




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending January 27, 1995
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 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(S) EXAMINED
NONE.




DATE OF EXAMINATION

CRA RATING

Federal Reserve Bank of Kansas City

SECTION 1 - APPLICATIONS SUBIECT TO NEWSPAPER NOTICE O N LY
APPLICATION

COMMENT PERIOD ENDING DATE

The Citizens Bank of Edmond, Edmond, Oklahoma,
for prior approval to open a branch facility to be
located at 24 Southeast 33rd, Edmond, Oklahoma.

Not Available

SECTION II - APPLICATIONS SUBIECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION

COMMENT PERIOD ENDING DATE

Mountain Parks Financial Corporation, Denver,
Colorado, for prior approval to acquire 100 percent
of the voting shares of Financial Holdings, Inc.,
Louisville, Colorado, and thereby indirectly acquire
The Bank of Louisville, Louisville, Colorado, and
Boulder Valley Bank & Trust, Boulder, Colorado.*

February 24, 1995

SECTION III - APPLICATIONS SUBIECT TO FEDERAL REGISTER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

None.

SECTION IV - APPLICATIONS NOT SUBIECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None.




Federal Reserve Bank of Kansas City

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
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 i this group needs to improve its overall record of ascertaining and
n
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.
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 lowand moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.

Bank/Location

Exam Date

CRA Public
Date

Citizens-Farmers Bank of Cole Camp
P.O. Box 219
Cole Camp, Missouri 65325-0219*

10-24-94

01-25-95

* Application is subject to CRA.




CRA
Rating
Satisfactory

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN

APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF JANUARY 23, 1995
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY

APPLICATION

NOTICE EXP

None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE

APPLICATION
Change in Control Notice by
Benjie Sims Reed and Bobby Lynn Reed, Mexia, TX, to
acquire an interest in First Groesbeck Holding Company,
Groesbeck, TX
(Previously reported during the week of 12-19-94)
Change in Control Notice by
E. Ross Harris, George West, TX, to acquire an interest in
Live Oak Bancshares Corporation, George .West, TX
(Previously reported during the week of 1-2-95)

** NOTICE EXP

95/02/10

95/02/20

Change in Control Notice by
Frank Moore Carter, Miami, TX; Phebe Carter Hethcock,
Sewanee, TN; and Patrick Casey Carter, Pampa, TX, to
acquire an interest in Miami Bancshares, Inc., Miami, TX

N/A

Change in Control Notice by
David Randall Martin Trust #1, W. Scott Martin, Trustee,
Tulsa, OK; Timothy Christopher Martin Trust #1, W. Scott
Martin, Trustee, Tulsa, OK, and Julie Catherine Martin
Trust #1, W. Scott Martin, Trustee, Tulsa, OK, to acquire
an interest in First Burkburnett Bancshares, Inc.,
Burkburnett, TX

N/A

♦Section 3(a)(3) application by
Texas Bancshares, Inc., San Antonio, TX, to acquire
State Bank of La Vernia, La Vernia, TX
(Previously reported during the week of 12-5-94)
♦Section 3(a)(3) application by
Texas Bancshares Subsidiary Corporation, Inc., Wilmington,
DE, to acquire State Bank of La Vernia, La Vernia, TX




94/12/31

94/12/31

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY

APPLICATION

NOTICE EXP

None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE

APPLICATION
None.

* SUBJECT TO CRA.
** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY.
N/A - NOT AVAILABLE AT THIS TIME.




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF JANUARY 23. 1995

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.
Date of
Examination

CRA Rating

First State Bank
601 College
P. 0. Box 105
Junction, TX 76849-0105

94/10/17

Outstanding

Texas State Bank
3900 North 10th St.
P. 0. Box 4797
McAllen, TX 78502-4797

94/07/25

Satisfactory

Bank




FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 1/27/95
Section I - Applications Subject to Newspaper Notice Only
Appl ication

Comment Period Ending Date

Bank of Ephraim, Ephraim, Utah, to establish a
branch office at 1155 West Utah Avenue, Hildale,
Utah. *

Newspaper:

Not available

Bank of America Nevada, Las Vegas, Nevada, to
establish branches in the Raley's stores at
4047 So. Virginia Street, 1075 North Hills
Boulevard and Mt. Rose Highway, all in Reno,
Nevada. *

Newspaper:

Not available

Bank of America Nevada, Las Vegas, Nevada, to
establish branches in the Vons stores at
Cheyenne & Jones and 1061 West Owens Avenue,
both of Las Vegas, Nevada. *

Newspaper:

Not available

Bank of America Nevada, Las Vegas, Nevada, to
establish a branchin the Raley's store at
3701 S. Carson Street, Carson City, Nevada. *

Newspaper:

Not available

Section II - Applications Sub.iect to Both
Newspaper and Federal Register Notice
Westamerica Bancorporation, San Rafael,
California, to acquire 100 percent of
CapitolBank Sacramento, Sacramento, California.

Newspaper:
*

1/18/95

Fed. Reg.:

2/18/95

Section III - Applications Sub.iect 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 ( c o n t'd .)

week Ending 1/27/95
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during the week
ending January 27, 1995. Information about a particular institution's CRA evaluation may be
obtained directly from the institution.
Examination Date

Rating*

Institution

Location

Bank of Ameica Nevada

300 South Fourth Street
Las Vegas, NV 89101
(702) 654-1000

12/02/94

Satisfactory

Home Valley Bank

P.O. Box 129
Cave Junction, OR 95723
(503) 592-4663

12/02/94

Satisfactory

*Under the rating system an institution's CRA performance is assigned one of the following
four ratings:
Outstanding record of meeting community credit needs: An institution has an outstanding
record of, and is a leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs: An institution has a satisfactory
record of ascertaining and meeting the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Needs to improve record of meeting community credit needs: An institution needs to improve
its overall record of ascertaining and helping to meet the credit needs of its entire
delineated community, including low- to moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Substantial noncompliance in meeting community credit needs:
An institution has a
substantially deficient record of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- to moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.




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