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ANNOUNCEMENT

H . 2, 1994, NO. 5
RESGARCHaUtfeHAftfe of the Board, its Staff, and
the Federal R e s e r v e Banks;
A p p l i c a t i o n s and Re p o r t s R e c e i v e d
FEB l&rJltalStjUp'yleek E n d i n g J a n u a r y 29, 1994

B O A R D OF G O V ERNORS
OF T H E
F E D E R A L R E S E R V E SYSTEM
ACTIONS TAKEN BY THE BOARD

BANK HOLDING COMPANIES
Society Corporation, Cleveland, Ohio -- to merge with
KeyCorp, Albany, New York.
Approved, January 26, 1994.
ENFORCEMENT
Union State Bank, Upton, Wyoming -- issuance of an
order of assessment of a civil money penalty
against John L. Piesik, an institution-affiliated
party and former Senior Vice President.
Announced, January 24, 1994.
United Financial Banking Companies, Inc., Vienna,
Virginia -- written agreement dated December 31,
1993, with the Federal Reserve Bank of Richmond,
and the Commissioner of Financial Institutions,
Bureau of Financial Institutions of the
Commonwealth of Virginia.
Announced, January 24, 1994.
EXTENSIONS OF TIME
Regulation BB, Community Reinvestment -- extension of
comment period to March 24, 1994.
Granted, January 26, 1994.
REGULATIONS AND POLICIES
California earthquake -- steps designed to ease
financial stress in areas affected by the
earthquake.
Announced, January 25, 1994.
Netting Eligibility for Financial Institutions -final rule to expand definition of financial
institution in section 402 of the Federal Deposit
Insurance Corporation Improvement Act
(Docket R-0801).
Approved, January 26, 1994.
TESTIMONY AND STATEMENTS




Community Reinvestment Act Reform -- statement by
Governor Lindsey before the Subcommittee on General
Oversight, Investigations, and the Resolution of
Failed Financial Institutions of the House
Committee on Banking, Finance and Urban Affairs,
February 1, 1994.
Published, January 27, 1994.

H .2
JANUARY 24, 1994
PAGE 2

TO

JANUARY 28, 1994

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
Minneapolis

American Bank, Billings, Montana -- to establish a
branch at 2825 West Main Street, Bozeman, Montana.
Approved, January 25, 1994.

Dallas

CentralBank, Monroe, Louisiana -- to establish a
branch at 1714 East Madison Avenue, Bastrop,
Louisiana.
Approved, January 26, 1994.

Dallas

CentralBank, Monroe, Louisiana -- to establish a
branch at 2265 South MacArthur Drive, Alexandria,
Texas.
Approved, January 26, 1994.

Kansas City

First State Bank of Taos, Taos, New Mexico - - t o
establish a branch at 5620 Wyoming Boulevard NE,
Albuquerque, New Mexico.
Approved, January 26, 1994.

Chicago

New Asia Bank, Chicago, Illinois -- to establish a
branch at 8301 Cass Avenue, Darien, Illinois.
Returned, January 24, 1994.

BANK HOLDING COMPANIES




Atlanta

Bank South Corporation, Atlanta, Georgia - - t o merge
with Merchant Bank Corporation, and acquire The
Merchant Bank of Atlanta.
Approved, January 26, 1994.

St. Louis

Boatmen's Bancshares, Inc., St. Louis, Missouri - -to
acquire Woodland Bancorp, Inc., Tulsa, Oklahoma,
and Woodland Bank.
Approved, January 24, 1994.

St. Louis

Boatmen's Oklahoma, Inc., St. Louis, Missouri -- to
acquire Boatmen's First National Bank of Oklahoma,
Oklahoma City, Oklahoma.
Approved, Jahuary 24, 1994.

H .2
JANUARY 24, 1994
PAGE 3

TO

JANUARY 28, 1994

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

BANK HOLDING COMPANIES




Cleveland

Bridgeville Financial Corp., Bridgeville,
Pennsylvania --t o acquire Bridgeville Savings
Bank.
Withdrawn, January 27, 1994.

Minneapolis

Brill Bancshares, Owen, Wisconsin -- to acquire Brill
State Bank, Brill, Wisconsin.
Withdrawn, January 28, 1994.

Minneapolis

Elmore Bancshares, Elmore, Minnesota -- to acquire
Farmers State Bank of Delavan, Delavan, Minnesota.
Approved, January 28, 1994.

San Francisco

FIAB Holdings, Inc., San Francisco, California -- to
acquire First Indo-American Bank, San Francisco,
California.
Returned, January 26, 1994.

Cleveland

First Bancorporation of Ohio, Akron, Ohio --to
acquire Peoples Savings Bank, Federal Savings Bank,
Ashtabula, Ohio.
Approved, January 25, 1994.

Secretary

First Bank System, Inc., Minneapolis, Minnesota -- to
acquire Boulevard Bancorp, Inc., Chicago, Illinois,
Boulevard Bank, N.A.; First National Bank of Des
Plaines, Des Plaines; and Citizens National Bank of
Downers Grove, Downers Grove, Illinois.
Approved, January 28, 1994.

Chicago

First Chicago Corporation, Chicago, Illinois -- to
engage de novo in arranging and investing in
entities for financing low-income housing through
First Chicago Leasing Corporation.
Permitted, January 28, 1994.

Atlanta

First National Bancorp, Gainesville, Georgia --to
merge with Metro Bancorp, Inc., Douglasville,
Georgia, and acquire The Commercial Bank.
Approved, January 27, 1994.

H.2
JANUARY 24, 199A
PAGE 4

TO

JANUARY 28, 1994

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

BANK HOLDING COMPANIES




St. Louis

First Tennessee National Corporation, Memphis,
Tennessee -- to acquire Cleveland Bank f Trust
t
Company, Cleveland, Tennessee.
Approved, January 25, 1994.

Chicago

Hasten Bancshares, Indianapolis, Indiana --to
acquire Hasten Bancorp; First Bank and Trust
Company of Clay County, Brasil; First National
Bank, Kokomo; Sullivan-Peoples State Bank,
Farmersburg; and Hasten Financial Services, Inc.,
Indianapolis, Indiana.
Approved, January 28, 1994.

Dallas

Hill Bancshares Holdings, Inc., Weimar, Texas -- to
acquire Hill Bank f Trust Co,
t
Approved, January 27, 1994.

Cleveland

Josephine Bancshares, Inc., Prestonburg, Kentucky -to acquire The Bank Josephine.
Approved, January 28, 1994.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota, and
Norwest Financial Services, Inc., Des Moines,
Iowa --to acquire Community Credit Co., Edina,
Minnesota.
Approved, January 24, 1994.

Chicago

State Bank of Freeport, Freeport, Illinois - -to
establish NWIB Mortgage Source, Inc., Rockford,
Illinois, and to engage in residential mortgage
lending.
Returned, January 27, 1994.

Chicago

Trivoll Bancorp, Inc., Trivoli, Illinois -- extension
to May 19, 1994, to acquire Hanna City State Bank,
Hanna City, Illinois.
Approved, January 26, 1994.

Secretary

Union Planters Corporation, Memphis, Tennessee --to
acquire Anderson County Bank, Clinton, Tennessee.
Approved, January 26, 1994.

H.2
JANUARY 24, 1994
PAGE 5

TO

JANUARY 28, 1994

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

BANK HOLDING COMPANIES
Dallas

Union State Bancshares, Inc., Killeen, Texas -- to
acquire Union State Bank, Florence, Texas.
Approved, January 28, 1994.

BANK PREMISES
New York

Chemical Bank, New York, New York -- investment in
bank premises.
Approved, January 28, 1994.

Richmond

Miners Exchange Bank, Coeburn, Virginia -- investment
in bank premises.
Approved, January 25, 1994.

Chicago

New Asia Bank, Chicago, Illinois -- investment in
bank premises.
Returned, January 24, 1994.

CAPITAL STOCK
Chicago

Wabeno Bancorporation, Inc., Venice, Florida -redemption of shares.
Approved, January 28, 1994.

CHANGE IN BANK CONTROL
Chicago

Wabeno Bancorporation, Inc., Venice, Florida
change in bank control.
Permitted, January 28, 1994.

COMPETITIVE FACTORS REPORTS




Kansas City

Bank Midwest, N.A., Maryville, Missouri, proposed
acquisition of the assets and assumption of the
liabilities of the Carrollton, Missouri, branch of
United Savings & Loan Association, Lebanon,
Missouri -- report on competitive factors.
Submitted, January 26, 1994.

H.2
JANUARY 24, 1994
PAGE 6

TO

JANUARY 28, 1994

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

COMPETITIVE FACTORS REPORTS




Kansas City

Bank Midwest, N.A., Maryville, Missouri, proposed
purchase of the assets and assumption of the
liabilities of the Carrollton, Missouri, facility
of United Savings and Loan Association, Lebanon,
Missouri -- report on competitive factors.
Submitted, January 26, 1994.

Kansas City

Boatmen’s First National Bank of Oklahoma, Oklahoma
City, Oklahoma, proposed merger with Woodland Bank,
Tulsa, Oklahoma -- report on competitive factors.
Submitted, January 24, 1994.

Dallas

Charter National Bank - Colonial, Houston, Texas,
proposed acquisition of two branches of Texas
Commerce Bank, National Association, in the Fiesta
Mart Supermarkets at 2224 FM 1960 W. at Kuykendahl,
and at 83208 FM 1960 at Highway 249 -- report on
competitive factors.
Submitted, January 27, 1994.

Dallas

Charter National Bank - Houston, Houston, Texas,
proposed acquisition of two branches of Texas
Commerce Bank National Association -- report on
competitive factors.
Submitted, January 27, 1994.

Kansas City

Commercial Federal Bank, A Federal Savings Bank,
Omaha, Nebraska, proposed merger with Home Federal
Savings and Loan Association of Ada, Ada,
Oklahoma -- report on competitive factors.
Submitted, January 24, 1994.

Minneapolis

First Security Bank of Benson, Benson, Minnesota,
proposed merger with the Benson, Minnesota, branch
of First Security State Bank, Sleepy Eye, Minnesota
-- report on competitive factors.
Submitted, January 25, 1994.

New York

Fishkill National Bank and Trust Company,
Poughkeepsie, New York, proposed purchase of
certain assets and assumption of certain
liabilities of The First National Bank of Amenia,
Amenia, New York -- report on competitive factors.
Submitted, January 25, 1994.

H.2
JANUARY 24, 1994
PAGE 7

TO

JANUARY 28, 1994

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

COMPETITIVE FACTORS REPORTS
Minneapolis

Mid-Wisconsin Bank of Medford, Medford, Wisconsin,
proposed merger with the Mid-Wisconsin Bank of
Colby, Colby, Wisconsin -- report on competitive
factors.
Submitted, January 27, 1994.

Minneapolis

Mid-Wisconsin Bank of Medford, Medford, Wisconsin,
proposed merger with the Mid-Wisconsin Neilsville
Bank, Neilsville, Wisconsin -- report on
competitive factors.
Submitted, January 27, 1994.

Philadelphia

National Penn Bank, Boyertown, Pennsylvania, proposed
purchase of certain assets and assumption of
certain liabilities of Central Pennsylvania Savings
Association, F.A., Shamokin, Pennsylvania -- report
on competitive factors.
Submitted, January 27, 1994.

St. Louis

Southbank, A Federal Savings Bank, Corinth,
Mississippi, proposed merger with First Federal
Savings & Loan Association of Durham, Durham, North
Carolina -- report on competitive factors.
Submitted, January 28, 1994.

EXTENSIONS OF TIME




Atlanta

AmSouth Bancorporation, Birmingham, Alabama -extension to May 10, 1994, to merge with Citizens
National Corporation, Naples, Florida, and to
acquire Citizens National Bank of Naples.
Granted, January 26, 1994.

Atlanta

AmSouth Bancorporation, Birmingham, Alabama, and
AmSouth Bank of Florida, Pensacola, Florida,
extension to May 10, 1994, to acquire certain
assets and assume certain liabilities of
FloridaBank, F.S.B., Jacksonville, Florida.
Granted, January 26, 1994.

H.
2
JANUARY 29, 1999
PAGE 8

TO

JANUARY 28, 1999

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

EXTENSIONS OF TINE




Atlanta

AmSouth Bancorporation, Birmingham, Alabama, and
AmSouth Bank of Florida, Pensacola, Florida -extension to May 10, 1994, to acquire certain
assets and assume certain liabilities of First
Federal Savings Bank, Calhoun, Georgia.
Granted, January 26, 1994.

Atlanta

AmSouth Bancorporation, Birmingham, Alabama -extension to May 10, 1994, to merge with Parkway
Bancorp, Inc., Fort Myers, Florida.
Granted, January 26, 1994.

San Francisco

California Commercial Bancshares, Newport Beach,
California -- extension to divest certain property.
Granted, January 25 f 1994.

Richmond

Carolina First BancShares, Inc., Lincolnton, North
Carolina -- extension to divest certain property.
Granted, January 26, 1994.

Atlanta

Covington Capital Corporation, Collins, Mississippi - extension to April 28, 1994, to acquire Covington
County Bank, Collins, Mississippi.
Granted, January 27, 1994.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota; Norwest
Financial Services, Inc., Des Moines, Iowa; and
Norwest Fiancial, Inc. -- extension to March 1,
1994, to acquire Premium Service Corporation of
Columbia, Columbia, South Carolina.
Granted, January 27, 1994.

New York

RNYC Holdings Limited, Gibraltar -- extension to
December 21, 1994, to acquire Republic New York
Corporation, New York, New York, Republic National
Bank of New York, Republic Bank For Savings,
Republic Bank California N.A., Los Angeles,
California, and to indirectly acquire nonbanking
subsidiaries of RNYC, and for Saban, S.A. Panama
City, Panama, to acquire RNYC Holdings Limited.
Granted, January 24, 1994.

H.2
JANUARY 24, 1994
PAGE 9

TO

JANUARY 28, 1994

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

EXTENSIONS OF TINE
San Francisco

West One Bancorp, Boise, Idaho -- extension to divest
certain property.
Granted, January 25, 1994.

Richmond

Farmers & Merchants Bank of Stanley, Stanley,
Virginia - - t o become a member of the Federal
Reserve System.
Approved, January 27, 1994.

MEMBERSHIP

REGULATIONS AND POLICIES
Director, BS&R

Over-the-counter stocks -- revised list of OTC stocks
subject to margin requirements, and a list of
foreign margin stocks, effective February 14, 1994.
Published, January 28, 1994.

RESERVE BANK OPERATIONS
Director, FRBO

Federal Reserve Bank of St. Louis - - t o purchase
check sorters.
Approved, January 24, 1994.

Director, FRBO

Federal Reserve Bank of San Francisco - - t o acquire
computer hardware maintenance services.
Approved, January 24, 1994.

RESERVE BANK SERVICES




Director, FRBO

Federal Reserve Bank of St. Louis - - t o reduce the
fees for certain weekend Other Fed deposits and to
extend the Saturday Preprocessed Other Fed deposit
deadline to 8 p.m.
Approved, January 28, 1994.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS

SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Comment Period Ending Date

Application
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__________
Societe Generale, Paris, France, to establish a
representative office in Atlanta, Georgia

N/A

Joint Stock Investment and Commercial Bank for Industry
and Construction (Promstroybank), Moscow, the Russian
Federation, to establish a representative office in
New York, New York.

N/A

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

SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
The Daiwa Bank, Ltd, Osaka, Japan to retain Cosmo Securities
(America) Inc,/ New York, New York and thereby engage in full
service brokerage activities and buying and selling all types
of securities on the order of investors as a riskless
principal,
N/A
Credit Commercial de France S.A., Paris, France and Berliner
Handels-und Frankfurter Bank, Frankfurt, Federal Republic
of Germany, to retain up to 100 percent of the voting shares
of Charterhouse North America, Inc., New York, New York and
thereby engage in certain financial advisory activities.
N/A




SECTION IV

Applications Not Involving
______Public Comment______
Republic National Bank of New York, New York, New York and
Saban S.A., Marina Bay, Gibraltar, to make an additional
investment in Republic National Bank of New York (Luxembourg)
S.A., Luxembourg City, Luxembourg
Chase Manhattan Bank, N.A., New York, New York, to establish
a branch in Bombay, India.

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 29,

NAME OF BANK

RATING

1994

EXAMINATION DATE

None.

|oo Ito

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 28. 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

None

CRA Rating

F e d e ra l

R e s e rv e

Bank o f

C le v e la n d

Applications Bulletin
For Week Ending January 29, 1994
S E C T IO N I

- A P P L IC A T IO N S SU B JEC T TO NEWSPAPER
NO TICE ONLY

Received prior notice from Integra
* February 10, 1994
Bank/Pittsburgh, Pittsburgh, Pennsylvania,
on January 24, 1994, of its intent to establish
a CBCT branch at Suburban General Hospital, 100
South Jackson Avenue, Pittsburgh, Pennsylvania.
Received Section 18(c) application from
* February 23, 1994
WesBanco Bank Wheeling, Wheeling, West Virginia,
on January 27, 1994, to merge with WesBanco
Bank Wellsburg, Inc., Wellsburg, West Virginia.

S E C T IO N I I - A P P L IC A T IO N S SU B JE C T TO BOTH
NEWSPAPER AND FEDERAL R E G IST E R NO TICE

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.
SE C T IO N I I I

- A P P L IC A T IO N S SU B JEC T TO FEDERAL R E G IST E R

NOTICE ONLY
Received application from Star Bank, N.A.,
Cincinnati, Ohio, on January 18, 1994, of its
intent to establish a foreign branch on Grand
Caymen Island, Cayman Islands.
SE C T IO N I V

Not Yet Known #

- A P P L IC A T IO N S NOT SU B JEC T TO FEDERAL R E G IST E R NO TICE
OR NEWSPAPER NO T IC E

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
( J a n u a r y 28,

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 2 .
8.
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.
NEE D S 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.
S U B S T A N T I A L N O N 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.




ONE

Federal Reserve Bank of Richmond
Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

Bank of Lancaster, Kilmarnock, Virginia,
for prior approval to acquire the assets and
assume the liabilities of the Kilmarnock,
Virginia, branch of TideMark Bank, Newport
News, Virginia.*

2-28-94

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.*

2-22-94

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

Allied Irish Banks, p.l.c., Dublin, Ireland,
to engage in providing investment advice as
a commodity trading advisor and providing
foreign exchange advisory and transactional
services.

2 -8 -94**

Section IV - Application Not Subject to
Federal Register Notice or Newspaper Notice
Application

Comment Period Ending Date

None.

*Application is subject to CRA requirements.
**Expiration of comment period specified in the Federal Register.




Federal Reserve Bank of Richmond
Availability of CRA Public Evaluations
Week ending January 28, 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
None.




Rating

Federal Reserve Bank o f A tla n ta
A p p lic a tio n s B u lle t in f o r Week Ending January 28,

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

Bradford Bankshares, Inc.
01-07-94*
Starke, Florida
Federal Register
To merge with CNB, Inc., Lake City, Florida, and thereby directly acquire CNB
National Bank, Lake City, Florida, pursuant to Section 3 (a) (5) of the Bank
Holding Company Act.
D/W Bankshares, Inc.
01-10-94*
Dalton, Georgia
Newspaper
1-BHC formation, Dalton/Whitfield Bank & Trust, Dalton, Georgia.
Deposit Guaranty Corp.
Not yet available*
Jackson, Mississippi
To acquire at least 52 percent of the outstanding shares of common stock of First
Columbus Financial Corporation, Columbus, Mississippi, and thereby indirectly
acquire First Columbus National Bank, Columbus, Mississippi, pursuant to Section
3(a) (3) of the Bank Holding Company Act.
American Bancshares Corp.
01-31-94*
Livingston, Tennessee
Federal Register
1-BHC formation, American Savings Bank, Livingston, Tennessee.
Section 3 - Applications Subject to Federal Register Only
Application

Comment^ Period Ending Date

None.
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Hancock Holding Company
Gulfport, Mississippi
Request for waiver of the application requirement of Section 3(a) (3) of the Bank
Holding Company Act for the proposal to acquire First State Bank & Trust Company
of East Baton Rouge Parish, Baker, Louisiana.

*Subject to provisions of the Community Reinvestment Act.




F e d e ral Reserve Bank o f A tla n ta
A p p lic a tio n s B u l l e t i n f o r Week Ending January 28,

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:
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
Date

Bank

Rating

Barnett Bank of Naples
796 Fifth Avenue South
Naples, Florida 33940
(813)263-1333

Satisfactory

08-09-93

Barnett Bank of Treasure Coast
900 East Prima Vista Blvd.
Port St. Lucie, Florida 34952
(407)340-5300

Outstanding

08-09-93

TransAtlantic Bank
48 East Flagler Street
Miami, Florida 33131
(305)377-0200

Satisfactory

10-12-93

Satisfactory

10-18-93

Outstanding

02-22-93

First Community Bank
of Orange City
Post Office Box 740278
Orange City, Florida 32774
(904)775-3115
Trust Company Bank
Post Office Box 4418
Atlanta, Georgia 30302
(404)588-7711




Federal Reserve Bank o f A tla n ta
A p p lic a tio n s B u lle t in f o r Week Ending January 28,

Recently Approved Applications

1994

Approval Date

Bank South Corporation
01-26-94
Atlanta, Georgia
To merge with Merchant Bank Corporation, Atlanta, Georgia, and thereby directly
acquire its subsidiary, The Merchant Bank of Atlanta, Atlanta, Georgia, pursuant
to Section 3(a)(5) of the Bank Holding Company Act.
First National Bancorp
01-27-94
Gainesville, Georgia
To merge with Metro Bancorp, Inc., Gainesville, Georgia, and thereby directly
acquire its subsidiary, The Commercial Bank, Douglasville, Georgia, pursuant to
Section 3(a)(5) of the Bank Holding Company Act.




Federal Reserve Bank of Chicago
Section I

- A p p l i c a t i o n s Subject to N e w s p a p e r
Notice Only

C o m m e n t Pe r i o d
E n d i n g Date

Type

Application

B r a n c h / 24 A

The 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 tral 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
A v i lla, I n d i a n a
4134 W CR 100 S
W o l f Lake, I n d i a n a *

N

- 1-29-94

B r a n c h / 24 A

Bankers Trust Company
D e s Moines, I owa
C o r n e r of E u c l i d & Cambridge A v e n u e
D e s Moines, I o wa*

N

. **

EFT

Security S t a t e B a n k
Hartley, I owa
10 3 r d S t r e e t N.W.
Hartley, I o wa*

N

- 1-25-94

Branch

Comerica Bank
Detroit, Michigan
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

F i r s t of A m e r i c a B a n k Corporation
Kalam a z o o , M i c h i g a n
L G F Bancorp, Inc.
L aGrange, I l l i n o i s
L a G r a n g e F e d e r a l S a vings & L oan
Association
LaGrange, I l l i n o i s *

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 j e c t to B o t h N e w s p a p e r a n d F e d e r a l
Register Notice
Comment Period
Ending Date

Type,

Application

Y-2

F i r s thank of I l l i n o i s Co.
Springfield, I l l i n o i s
Colonial B a n c s h a r e s , Inc.
De s Peres, M i s s o u r i
Colonial Bank
De s Peres, Mi s s o u r i
Village 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

- 12-21-93
2-4-94

CoC-HC

P e o t o n e Bancorp, Inc.
Peotone, Illino is
C r a i g L. C a m p b e l l ; D o u g l a s L.
a n d Scott L. C a mpbell

FR
N

-

1-17-94
1-11-94

**
1-11-94

Ca m p b e l l

Y-2

Capitol Bancorp, Ltd.
Lansing, M i c h i g a n
Financial Center C o r p o r a t i o n
Holland, M i c h i g a n
Paragon Bank
Holland, Mi c h i g a n *

FR
N

-

Y-2

O m n i b a n k Corpor a t i o n
R i v e r Rouge, M i c h i g a n
Indecorp, Inc.
Chicago, I l linois
Inde p e n d e n c e B a n k of C h i c a g o
Chicago, I l linois
Drexel H o l d i n g C o m p a n y
Chicago, Illinois
Drexel National B a n k
Chicago, Illinois*

FR
N

- 1-14-94
- 1-31-94

Y-2

O r a n g e v i l i e B a n c o r p , Inc.
O r a n g e v i l l e , Ill i n o i s
State Ba n k of W i n s l o w
Winslow, Illinois*

FR
N

- 1-28-94
- 1-12-94

Y-l

Home Bancorp
F o r t Wayne, Indiana
H o m e Loan B a n k S.B.
Fo r t Wayne, Indiana*

FR
N

- 1-28-94
- 1-24-94




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 j e c t to Both N ewspapei

a n d Federal

Register Notice
(C o n t i n u e d )

Application
M a r s h a l l & I l s l e y Corpor a t i o n
Milw a u k e e , W i s c o n s i n
Valley Bancorporation
Milwaukee, Wisconsin
Valley Bank
L a Crosse, W i s c o n s i n
Valley Bank
Madison, W i s c o n s i n
Valley Bank Chippewa
Menomonie, Wisconsin
V a l l e y B a n k E a s t Central
Kewaskum, W i s c o n s i n
Valley Bank Janesville
Jane s v i l l e , W i 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 c o n s i n
Valley Bank Northeast
Green Bay Wisconsin
V a l l e y B a n k of Oshkosh
Oshkosh, W i s c o n s i n
Valley Bank of Shawano
Shawano, W i s c o n s i n
Valley Bank Southwest
S p r i n g Green, Wis c o n s i n
V a l l e y B a n k Western, FSB
Sparta, W i s c o n s i n
V a l l e y F i r s t N a t i o n a l Bank
Rhinelander, Wisconsin
V a l l e y F i r s t N a t i o n a l Bank of R i p o n
Ripon, W i s c o n s i n
V a l l e y U n i t e d Bank, SSB
S h e b o y g a n , Wisconsin
Valley Western Bank
Appleton, Wisconsin
P i e r c e C o u n t y B a n k a n d Trust C o m p a n y
Ells w o r t h , W i s c o n s i n *

C o mment P e r i o d
Ending Date
FR
N

- 1-20-94
- 1-6-94

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

Type.

Application

Y-2

I n d e p e n d e n t Bank C o r p o r a t i o n
Ioni a , Mi chi gan
K S B Financial, Inc.
K i n g s t o n , Mi chigan
K i n g s t o n State B a n k
Kingston, M i c h i g a n *

FR
N

-

Y-2

C o m m u n i t y Grain Co.
Coon Rapids, Iowa
F a r m e r s National B a n k
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, Illinois
R o n a l d L. Wohlwend, R o n a l d L.
Wohlwend, Trustee, J a c k L e w i s
Trust UTA DTD, C a t h e r i n e L e w i s
Trust UTA DTA

FR
N

2-1-94
- **

Y-l

A n t i o c h Bancshares, Inc. E m p l o y e e
S a v i n g s a n d Stock O w n e r s h i p
Antioch, I l linois
A n t i o c h B a n c s h a r e s , Inc.
Antioch, Illinois*

FR
N

- 2-11-94
- **

Y-2

M a h a s k a I n vestment C o m p a n y
Oskaloosa, Iowa
T a i n t o r Savings B a n k
N e w Sharon, Iowa*

FR
NP

- 2-14-94
- 10-25-93

Y-l

H o o s i e r H i l l s Finan c i a l C o r p o r 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 P lan
Osgood, Indiana
H o o s i e r Hills Finan c i a l C o r p o r a t i o n
Osgood, Indiana
The R i p l e y C o u n t y B a n k
Osgood, Indiana*

FR
NP

- 2-11-94
- 2-4-94

CoC-HC

I n d e p e n d e n c e Bancshares, Inc.
FR
NP
Independence, Iowa
J. L. Blin; B a y w a t e r Prop e r t i e s ; W. Crees;
C. Fritz; V. Hoffman; W. Kuehn; G. Short;
a n d H. Short




1-31-94
1-28-94

i ★
c
★*

Federal Reserve Bank of Chicago
Section II

-

Applications Subject to Both Newspaper and Federal
Register Notice
(Continued)
Comment Period
Ending Date

Zym

A pplication

CoC-HC

First State Bancorporation
FR
I n dependence, I o w a
NP
J. L. Blin; B a y w a t e r P r o p e r t i e s ; W. Crees;
C. Fritz; V. Hoffman; W. Kuehn; G. Short;
a n d H. S h o r t

CoC-HC

B a n k l l l i n o i s F i n a n c i a l Co.
Champaign, I l l i n o i s
Van A. D u k e m a n ; D a v i d J. D o w n e y &
G r e g o r y B. L y k i n s

FR
NP

- **

Y-2

Central I l l i n o i s Bancorp,
Sidney, Illinois
H i l l s i d e I n v e s t o r s Ltd.
Hillside, I l l i n o i s
B a n k of H i l l s i d e
H i l l s i d e , Illinois*

FR
N

- **
. **

Y-l

Cleveland Development Bancorporation
Chicago, I l l i n o i s
P o t t e r s B a n k a n d Trust Co.
E a s t L i verpool, Ohio*

FR
N

- **

Y-2

Shorebank Corporation
Chicago, I l l i n o i s
Cleveland Development Bancorporation
Chicago, I l l i n o i s
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

M u t u a l B a n c s h a r e s Corporation
Milwaukee, Wisconsin
Mutual Savings Bank
Milw a u k e e , W i s c o n s i n *

FR
N

- **
- **

Y-l

B a n k of W a u n a k e e E m p l o y e e S t ock
O w n e r s h i p PI am
Waunakee, W i s c o n s i n
W a u n a k e e B a n k Shares, Inc.
Waunakee, W i s c o n s i n *

FR
U

- **
. **




Inc.

- **
- **

- **

- **

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

Txm

Application

Y-2

Old Kent Financial Corporation
G r a n d Rapids, Mi chigan
Edgemark Financial Corporation
Chicago, I l l i n o i s
Edgemark Bank-Lombard
Lombard, Il l i n o i s
Edgemark Bank-Rosemont
Rosemont, Illinois
Edgewood Bank
Countryside, Illinois
F i r s t N a t i o n a l B a n k of L o c k p o r t
Lockport, Il l i n o i s
M e r c h a n d i s e National Bank of Chicago
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 llinois
Edgemark Financial Corporation
Chicago, I l l i n o i s
Edgemark Bank-Lombard
Lombard, I l linois
Edgemark Bank-Rosemont
Rosemont, Illinois
Edgewood Bank
Countryside, Illinois
First National Bank of Lockport
Lockport, Illinois
M e r c h a n d i s e N a t i o n a l B a n k of C h i c a g o
Chicago, I l l i n o i s *

FR
N

- **
- **




Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal R e g i s t e r
Notice Only
Comment Period
Ending Date

Type

Application

Y-4

Marshall & Ilsley Corporation
Milwaukee, Wisconsin
Valley Trust Company
Appleton, Wisconsin

FR

- 1-20-94

Y-4

Marshall & Ilsley Corporation
Milwaukee, Wisconsin
Community Life Insurance Company
P h o e n i x , Arizona

FR

- 1-20-94

Y-4

Marshall & Ilsley Corporation
Milwaukee, Wisconsin
Valley Bankservice Corporation
Sheboygan, Wisconsin

FR

- 1-2C-94

Y-4

Marshall & Ilsley Corporation
Milwaukee, Wisconsin
Valley Real Estate Services Corporation
Sheboygan, Wisconsin

FR

- 1-2C-94

4 (c } (8)

Firstar Corporation
Milwaukee, Wisconsin
Firstar Home Mortgage Corporation
Milwaukee, Wisconsin--engage &£ novo in
data p r o c essing & data transmissions
services facilities & data bases to
real tors

FR

- 1-10-94

Y-4

Mahaska Investment Company
Oskaloosa, I o w a
On-Site Commercial Services & engage
in p r o v i d i n g bookkeeping, payroll
processing, accounts receivable &
financial services

FR

- 1-20-94

Y-4

Firstbank of Illinois Co.
Springfield, Illinois
Guido Insurance Agency, Inc.
D e s Peres, Missouri

FR

2-4-94




Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register

Notice.Only
(Continued)
Comment P e r i o d
Ending D a t e

Type

Application

Y-4

First Chicago Corporation
Chicago, Illinois
Section 2 0 - -First Chicago Capital
Markets, Inc.
Chicago, Illinois--engage
novo
in the business of underwriting a n d
dealing in debt securities

FR - 1-19-94

4 !C> (8)

Quad City Holdings, Inc.
B e t t e n d o r f , Iowa
To engage in lending activity

FR - 1-15-94

Y-4

Capitol Bancorp, Ltd.
Lansing, Michigan
Consolidated Bank Services,
Holland, Michigan

FR - **

4C 6




Inc.

Home Bancorp
Fort Wayne, Indiana
Engage in making and servicing a loan to
the ESOF of Home Loan Bank, S.B.,
Fort Wayne, Indiana

FR

- l - 2 n -94

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 ject to Federal R e g i s t e r o r N e w s p a p e r
Notice

Type

Application

RoS

P i o n e e r Bancorp, Inc.
Chicago, I l l i n o i s
To r e d e e m all 5 2 , 0 0 0 shares of its C l a s s A
p r e f e r r e d s t o c k a n d all of its 14 p e r c e n t e q u i t y n o t e s

N
FR
*
**

-

Newspaper
Federal Regi s t e r
S u b j e c t to P r o v i s i o n s o f C o m m u n i t y R e i n v e s t m e n t A c t
N o t a v a i l a b l e a t this time




Federal Reserve Bank of St. Louis
FOR THE VEEK ENDING JANUARY 28, 1994
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End of Comment Period

* Section 5(d)(3) application by Republic Bancorp,
Inc., Louisville, Kentucky, to acquire Republic
Savings Bank, FSB, Louisville, Kentucky.

Newpaper: 2-25-94

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER* AND FEDERAL REGISTER NOTICE
Application

End of Comment Period

* Section 3(a)(3) application by Southwest Bancshares,
Inc., Jonesboro, Arkansas, to acquire FirstBank of
Arkansas, Kensett, Arkansas.
Newspaper:

2-20-94

* Section 3(a)(3) application by Republic Bancorp, Inc.,
Louisville, Kentucky, to acquire Republic Bank of
Shelby County, Shelbyville, Kentucky.
Newspaper:

2-25-94

* Section 4(c)(8) application by Republic Bancorp, Inc.,
Louisville, Kentucky, to acquire Republic Savings
Bancorp, Inc., Louisville, Kentucky.
Newspaper:

2-25-94

* Section 4(c)(8) application by Union Planters
Corporation, Memphis, Tennessee, to acquire Liberty
Bancshares, Inc., Paris, Tennessee.
Newspaper:

3-4-94

* Section 3(a)(3) application by Central Bancompany,
Jefferson City, Missouri, to acquire South County
Bancshares, Inc., Ashland, Missouri.

2-28-94

Newspaper:

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

Section 24A application by Bank of Gainesville,
Gainesville, Missouri, for investment in bank premises.

*This application is subject to CRA.




N/A

FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri

AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Retinas:
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
None




January 28, 1994

Bank Address

Examination
Date

Examination
Rating

FEDERAL RESERVE BANK OF M IN N EAPO LIS

Section I - Applications Subject to
Newspaper Notice Only
Comment Period
Endinq Date

Application
None.

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
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
Kathleen Nesvig
To acquire 17.22% of the voting
shares of Omega City Holding Company
LaMoure, ND

Comment Period
Endina Date
Not yet available

1-31-94
(Federal Register)

Vergas Bancorporation, Inc.
Vergas, MN
To acquire 80% of the voting shares of
Vergas State Bank, Vergas, MN*

Not yet available

Community First Bankshares, Inc.
Fargo, ND
(Newspaper)
To acquire 100% of the voting shares
of the Grand National Bank of Colorado,
Fraser, CO*

2-23-94

Robert W . Hanson
To increase his ownership interest from
20.05% to 33.40% of the voting shares of
St. Joseph Bancshares, Inc., St. Joseph,
MN

2-22-94
(Federal Register)

Not yet available
Excelsior Financial Services, Inc.,
Excelsior, MN
To become a bank holding company through
the acquisition of 100% of the voting shares
of First State Bank of Excelsior, Excelsior, MN*

♦Subject to CRA




FED ER A L RESER VE BANK OF M INNEAPOLIS

Section III - Applications Subject
to Federal Register Notice Only
Comment Period
Ending Date

Application

2-17-94

First Bank System, Inc.
Mpls, MN
To engage de novo in certain data
processing activities in Arizona,
Florida, Kansas, Missouri, Texas,
and Utah
Wabasha Holding Company, Inc.
Wabasha, MN
To engage <|e 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

Norwest Corporation, Minneapolis, MN;
Norwest Financial Services, Inc.,
Des Moines, IA; and Norwest Financial,
Inc. Des Moines, IA
,
To engage in data processing through
the acquisition of certain assets of
Allied Business Systems, Inc.,
Mason, GA

Not yet available

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

Application
St. Joseph Bancshares, Inc.,
St. Joseph, MN
To redeem 39.97% of its voting
shares.




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending January 28, 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.
B A N K (S ) EXAMINED

DATE OF EXAMINATION

Dakota County State Bank
October 25, 1993
750 South Plaza Drive
Mendota Heights, MN 55120-1586
(612) 452-1320




CRA RATING
Satisfactory

Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO

APPLICATION

N E W ffP & p gp

v

COMMENT PERTon .

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

APPLICATION

COMMENT PERIOD ENDING DATE

Peoples Bancshares, Inc., Clay
Center, Kansas, for prior approval to
become a bank holding company through
the acquisition of 100 percent of The
Peoples National Bank, Clay Center,
Kansas.*

Not Available

Mr. Duane W. Acklie, Lincoln,
Nebraska, to increase his ownership
from 12.5 percent to 51 percent, and
Jeffrey L. and Laura A. Schumacher,
Lincoln, Nebraska, to acquire 49
percent of the voting shares of
Nebraska First Security Corporation,
Lincoln, Nebraska.

Not Available

S E CTION III - APPLICATIONS SUBJECT TO FEDERAL R E G I S T E R NOTICE
ONLY

APPLICATION

COMMENT PERIOD ENDING DATE

None.
S E CTION IV - APPLICATIONS N O T SUBJECT TO FEDERAL R E G I S T E R NOTICE
OR NEWSPAPER NOTICE

APPLICATION
No n e .
S ECTION V - AVAILA B I L I T Y 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:




Federal Reserve Bank of Kansas City

Outs t a n d i n g 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.
S a t i s f 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 m eeting 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 24, 1994
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

Change in Control Notice by
Joe King, Plainview, TX; Faye King, Brady, TX; Diane
Scovell, Dallas, TX; Michael Davis, Plainview, TX; and Will
Parker, Brady, TX, to acquire an interest in Brady National
Holding Company, Inc., Brady, TX

N/A

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 24. 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

Date of
Examination

The First State Bank
125 E. Davilla
P. 0. Box 38
Granger, Texas 75530

93/10/18

Satisfactory

Lake Buchanan State Bank
Hwy. 29 & RR 1431
P. 0. Box 468
Buchanan Dam, Texas 78609

93/10/18

Satisfactory




CRA Rating

FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 1/28/94
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
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. Rea.:

2/22/94

Section III - Applications Subject to Federal Register Notice Only
Grupo Financiero Serfin, S.A. de C.V.,
Mexico City, Mexico, to engage de novo
in nonbanking activities through the
acquistion of 100 percent of Serfin
Funds Transfer, Inc., Los Angeles,
California.

Fed. Rea.:

Not yet published

Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
Barnes Banking Company, Kaysvilie, Utah, to increase investment in bank
premises up to $4.5 million.
Nevada Community Bank, Las Vegas, Nevada, to increase investment in bank
premises up to $2.5 million.




* Subject to CRA.
FEDERAL RESERVE BANK OF SAN FRANCISCO (cant<4,)
Week Ending 1/28/94
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending January 28, 1994. Information about a particular institution's
CRA evaluation may be obtained directly from the institution.
Institution

Location

Tehama County Bank

237 S. Main Street
Red Bluff, CA' 96080
(916) 529-0436

Examination Date
10/18/93

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 tbe
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