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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H. 2, 1993, No. 5
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending January 30, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

TESTIMONY AND STATEMENTS
Major tendencies visible in the economy -- statement
by Chairman Greenspan before the Joint Economic
Committee, January 27, 1993.
Published, January 27, 1993.
BANK HOLDING COMPANIES
FCNB Corp. Frederick, Maryland -- to acquire
,
HomeTown Bancorp, Inc., Myersville, Maryland.
Approved, January 25, 1993.
BANK MERGERS
Jackson State Bank, Jackson, Wyoming -- to merge with
The State Bank, West, Jackson, Wyoming, and to
establish a branch.
Approved, January 25, 1993.
ENFORCEMENT
Bank of Forest, Forest, Mississippi -- order of
assessment of a civil money penalty against Joe R.
Clarke III.
Announced, January 26, 1993.
INTERNATIONAL OPERATIONS




BNY International Financing Corporation, New York,
New York -- to make an investment in BNY Australia
Limited Sydney, Australia.
Permitted, January 29, 1993.

H.2
JANUARY 25, 1993
PAGE 2

TO

JANUARY 29, 1993

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

Bank of Louisville, Louisville, Colorado -- to
establish a branch at the southeast corner of
Dahlia and Cherry Streets.
Approved, January 29, 1993.

BANK HOLDING COMPANIES




San Francisco

American Marine Bank Employee Stock Ownership Plan,
Bainbridge Island, Washington -- to acquire
American Marine Bank, Winslow, Washington.
Approved, January 29, 1993.

Atlanta

Barnett Merger Corporation, Jacksonville, Florida -to acquire Barnett Banks Trust Company, N.A.,
Jacksonville, Florida.
Approved, January 28, 1993.

Chicago

Citizens Financial Corporation, Fort Atkinson,
Wisconsin — to purchase loan participation
certificates.
Permitted, January 29, 1993.

Minneapolis

Dairyland Bank Holding Corporation, La Crosse,
Wisconsin — to acquire Bank of Alma, Alma; and La
Farge State Bank, La Farge, Wisconsin.
Approved, January 29, 1993.

Minneapolis

Mellette Holding Company, Mellette, South Dakota -to acquire the Farmers State Bank.
Returned, January 29, 1993.

Cleveland

Mid Am, Inc., Bowling Green, Ohio — to acquire a
national banking institution (to be named) in
Xenia, Ohio.
Returned, January 28, 1993.

Chicago

Old Kent Financial Corporation, Grand Rapids,
Michigan — to engage de novo in community
development activities by investments as a limited
partner through Gladeshire L.D.H.A. Limited
Partnership, Kalamazoo, Michigan.
Approved, January 26, 1993.

H .2
JANUARY 2 5 ,
PAGE 3

1993

TO

JANUARY 2 9 ,

1993

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

BANK HOLDING COMPANIES




Kansas City

Raton Capital Corporation, Raton, New Mexico —
acquire International State Bank.
Approved, January 29, 1993.

Cleveland

Snyder Holding Corporation, Kittanning, Pennsylvania,
and F&A Financial Company — to acquire The
Armstrong County Trust Company, and The Farmers
National Bank of Kittanning.
Approved, January 29, 1993.

Secretary

Suntrust Banks, Inc., Atlanta, Georgia, and SunBanks,
Inc., Orlando, Florida — proposal that Sun Bank
and Trust / Charlotte County, N.A., Port Charlotte,
Florida, and First National Bank of Venice, Venice,
Florida, merge with Sun Bank / Gulf Coast,
Sarasota, Florida.
Approved, January 26, 1993.

Secretary

Texas East BanCorp, Inc., Jacksonville, Texas —
proposal that TEB, Inc., Shreveport, Louisiana,
acquire CBC, Inc.; TFC, Inc.; WhiFin, Inc.;
Cherokee Bancorp, Inc., Longview, Texas, Timpson
Financial Corporation, Timpson, Texas, and
Whitehouse Financial Corporation, Whitehouse,
Texas, with Texas East and TEB acquiring First
State Bank, Rusk, Texas, The First State Bank, Big
Sandy, Texas, Texas National Bank, Longview, Texas,
First State Bank, Timpson, Texas, and First
National Bank of Whitehouse, Whitehouse, Texas.
Approved, January 29, 1993.

New York

U.S. Trust Corporation, New York, New York — to
engage de novo in certain trust company and
investment advisory activities through U.S. Trust
Company of Connecticut, Stamford, Connecticut.
Approved, January 27, 1993.

Chicago

Valley Bancorporation, Appleton, Wisconsin —
acquire Valley Securities, Inc.
Returned, January 25, 1993.

to

to

H.2

JANUARY 25, 1993
PAGE 4

TO

JANUARY 29, 1993

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

BANK PREMISES
S t . Louis

Arkansas Bank and Trust Company, Hot Springs,
Arkansas — investment in bank premises.
Approved, January 28, 1993.

Kansas City

Bank of Louisville, Louisville, Colorado —
investment in bank premises.
Approved, January 29, 1993.

Chicago

Bank One, Springfield, Springfield, Illinois —
investment in bank premises.
Approved, January 29, 1993.

Richmond

Pee Dee State Bank, Timmonsville, South Carolina —
investment in bank premises.
Approved, January 29, 1993.

BANKS, STATE MEMBER
Minneapolis

Farmers State Bank, Madelia, Minnesota —
a dividend.
Approved, January 27, 1993.

Director, BS&R

West One Bank, Idaho. Boise, Idaho —
registration.
Approved, January 28, 1993.

payment of

transfer agent

CAPITAL STOCK
S t . Louis

Citizens National Bancorp, Inc., Springfield,
Missouri — redemption of shares.
Approved, January 26, 1993.

Chicago

Fairmount State Bank, Fairmount, Indiana —
redemption of shares.
Approved, January 28, 1993.

CHANGE IN BANK CONTROL




S t . Louis

Citizens National Bancorp, Inc., Springfield,
Missouri — change in bank control.
Permitted, January 26, 1993.

H .2
JANUARY 25, 1993
PAGE 5

TO

JANUARY 29, 1993

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

COMPETITIVE FACTORS REPORTS




San Francisco

Citibank, Federal Savings Bank, San Francisco,
California, proposed acquisition of Citibank,
Federal Savings Bank, Miami, Florida — report on
competitive factors.
Submitted, January 27, 1993.

Minneapolis

Community First National Bank, Worthington,
Minnesota, proposed merger with Community First
National Bank of Windom, Windom, Minnesota -report on competitive factors.
Submitted, January 29, 1993.

Chicago

Heritage Bank, Blue Island, Illinois, proposed merger
with Heritage Bank Alsip, Alsip, Illinois — report
on competitive factors.
Submitted, January 26, 1993.

S t . Louis

Peoples Bank and Trust Company, Tupelo, Mississippi,
proposed purchase of certain assets and assumption
of certain liabilities of two Grenada, Mississippi,
branches and one Louisville, Mississippi, branch of
Sunburst Bank — report on competitive factors.
Submitted, January 29, 1993.

S t . Louis

Sunburst Bank, Grenada, Mississippi, proposed
purchase of certain assets and assumption of
certain liabilities of Eastover Bank For Savings,
Jackson, Mississippi — report on competitive
factors.’
Submitted, January 28, 1993.

S t . Louis

Tipton County Bank, Covington, Tennessee, proposed
merger with Tri-County Federal Savings Bank —
report on competitive factors.
Submitted, January 27, 1993.

San Francisco

Washington Mutual Savings Bank, Seattle, Washington,
proposed acquisition of Pacific First Bank, A
Federal Savings Bank — report on competitive
factors.
Submitted, January 29, 1993.

H.2
JANUARY 25, 1993
PAGE 6

TO

JANUARY 29, 1993

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

COMPETITIVE FACTORS REPORTS
Philadelphia

White Eagle Federal Savings Bank, Wilmington,
Delaware, proposed merger with First Home Savings
Bank, S.L.A., Penns Grove, New Jersey -- report on
compet it ive factors.
Submitted, January 28, 1993.

EXTENSIONS OF TIME




New York

Bank Polska Kasa Opieki, S.A., Warsaw, Poland —
extension to February 1, 1994, to retain ownership
and control of Pekao Trading Corporation, New York,
New York.
Granted, January 29, 1993.

Chicago

Fairmount Banking Company, Fairmount, Indiana —
extension to March 1, 1993, to acquire The
Fairmount State Bank.
Granted, January 28, 1993.

Chicago

First Financial Corporation, Terre Haute, Indiana —
extension to May 3, 1993, to acquire shares of
First Citizens of Paris, Inc., Paris, Illinois, and
The Citizens National Bank of Paris.
Granted, January 29, 1993.

Chicago

Naperville Joliet Investment Co., Northbrook,
Illinois — extension to February 26, 1993, to
acquire Westbank / Will County, Joliet, and
Westbank / Naperville, Illinois.
Granted, January 28, 1993.

Atlanta

SunTrust Banks, Inc.. Atlanta, Georgia — extension
to May 1, 1993, to acquire shares of BHC Holdings,
Inc., Philadelphia, Pennsylvania.
Granted, January 26, 1993.

Atlanta

SunTrust Banks, Inc., Atlanta, Georgia — extension
to May 1, 1993, to acquire shares of Peoples Bank
of Lakeland, Lakeland, Florida.
Granted, January 27, 1993.

H.2

JANUARY 25, 1993
PAGE 7

TO

JANUARY 29, 1993

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

INTERNATIONAL OPERATIONS
Director, BS&R

Republic International Bank of New York (California),
Los Angeles, California — to move home office to
Beverly Hills, California, from Los Angeles,
California.
Approved, January 29, 1993.

Kansas City

First Security Bank of Fort Lupton, Fort Lupton,
Colorado -- to become a member of the Federal
Reserve System.
Approved, January 29, 1993.

MEMBERSHIP

RESERVE BANK OPERATIONS
Director, FRBO

Federal Reserve Bank of Richmond -- to purchase
computer console furniture.
Approved, January 26, 1993.

RESERVE BANK SERVICES




Director, FRBO

Federal Reserve Bank of Philadelphia -- to offer
facsimile transmission and magnetic tape delivery
for the payor bank account total service.
Approved, January 27, 1993.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Application

Comment Period Ending Date
NONE

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

Comment Period Ending Date

Bank of Boston Corp.,
Boston, Massachusetts section 3 ( a ) (3)/3(a)(5)

Newspaper

02-18-93

Federal Register Not Yet Established

application to acquire
Society for Savings
Bancorp, Inc., Hartford,
Connecticut*
SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Application

Comment Period Ending Date

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

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
♦Rating Definitions:
"0" - Outstanding; "S" - Satisfactory;
- Needs to Improve; "SN" - Substantial Noncompliance.
Institution

Examination Date

NONE
♦Subject to CRA



"N"

Rating*

Federal Reserve Bank of New York
Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
___________ Notice Only___________
Fleet Bank of New York, Albany, New York to establish a
mobile offsite electronic facility to operate at specific
events at various locations throughout the State of New York.

2/19/93

Chemical Bank, New York, New York, to establish an off-site
electronic facility at Bertelsman, Inc., 1540 Broadway,
New York, New York.l/

2/26/93

Chemical Bank, New York, New York, to establish an off-site
electronic facility at Shea Stadium, Roosevelt Avenue at
126th Street, Flushing, New York.l/

2/26/93

Chemical Bank, New York, New York, to establish three off-site
electronic facilities at Roosevelt Field Mall, Hempstead,
New York.l/

2/26/93

Chemical Bank, New York, New York, to establish a branch
office at John Jay College, 899 Tenth Avenue, New York,
New York.l/

2/26/93

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None.
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
Saban, S.A, Panama City, Republic of Panama, and Republic
New York, Corporation, New York, New York, New York, to engage
de novo through Republic Asset Management Corporation, New York,
New York in investment and financial advisory activities, foreign
exchange advisory and transactional services, and investment
advice or financial futures and options on futures.
SECTION IV
Applications Not Involving
______ Public Comment______
None.




2/16/93

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 30. 1993
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




F E D E R A L R E S E R V E BANK OF P H IL A D E L P H IA

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

NONE.

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Comment Period Ending Date

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

NONE.

1/ Subject to provisions of Community Reinvestment Act.
* N/A - not yet available.




F E D E R A L R ESER VE BANK OF P H IL A D E L P H IA

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 29. 1993
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

Federal Reserve Bank of Cleveland
Applications Bulletin
For Week Ending January 30, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
Received OAKAR application from Mid Am,
Inc., Bowling Green, Ohio, on January 4,
1993, to acquire Colonial Federal Savings
Bank, Beliefonatine, Ohio.

* Not Yet Known #

Received OAKAR application from Mid Am,
Inc., Bowling Green, Ohio, on January 8,
1993, to acquire branch offices of Home
Savings of America, F.S.B., Irwindale,
California, located in Marion and Upper
Sandusky, Ohio.

* Not Yet Known #

Received OAKAR application from CoBancorp,
Inc., Elyria, Ohio, on January 29, 1993,
to purchase the assets and assume the
liabilities of the Delaware, Ohio, branch of
Home Savings of America, FSB, Irwindale,
California

* Not Yet Known #

Received Section 18(c) application on
January 29, 1993, from Premier Bank & Trust
(f.k.a. Lorain County Bank), Elyria, Ohio, to
acquire the Delaware, Ohio,
branch of Home Savings of America, FSB,
Irwindale, California.

* Not Yet Known #

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
NONE
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
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.




Federal Reserve Bank of Cleveland
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE




NONE

AVAILABILITY OF CRA PUBLIC EVALUATIONS
(January 29, 1993)
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 29,
1993.
If you are interested in obtaining a copy of an evaluation
document, please contact the bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING:
a bank in this group has an outstanding record
of, and is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
SATISFACTORY: a bank in this group has a satisfactory record
of ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
NEEDS TO IMPROVE:
a bank in this group needs to improve its
overall record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.
SUBSTANTIAL NON COMPLIANCE:
a bank in this group has a
substantially deficient record of ascertaining and helping to meet
the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.




NONE

Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

Crestar Bank, Richmond, Virginia, to merge
with Continental Federal Savings Bank, Fairfax,
Virginia.*
BB&T Financial Corporation, Wilson, North
Carolina, to have its subsidiary, Branch
Banking and Trust Company, Wilson, North
Carolina, merge with the successor to
Security Federal Savings Bank, Durham,
North Carolina.*

2-27-93

Not yet available.

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

Comment Period Ending Date

Crestar Financial Corporation, Richmond,
Virginia, to acquire CFS Financial
Corporation, Fairfax, Virginia.*

2-27-93

Section 111 - Applications Subject to Federal Register Notice
Comment Period Ending Date

Application

First Maryland Bancorp, Baltimore,
Maryland, and Allied Irish Banks Limited
pic, Dublin, Ireland, to acquire 10.8% of
the voting shares of Internet, Inc., Reston,
Virginia.

2-19-93**

BB&T Financial Corporation, Wilson, North
Carolina, to acquire Edenton Savings and
Loan Association, Edenton, North Carolina.

2-21-93**

Union Bancorp, Inc., Bowling Green, Virginia,
to engage in full-service securities brokerage
activities.

Not yet available.

Section IV - Applications 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.



fe

ral Reserve Bank of Richmond

Availability of CRA Public Evaluations
Week ending January 29, 1993

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 of Atlanta
Applications Bulletin for Week Ending January 29. 1993
Section 1 - Applications Subject to Newspaper Notice Only

Application

Comment Period Ending Date

SouthTrust Bank of West Florida
St. Petersburg, Florida
To merge with Gulf Bank of Dunedin,
Dunedin, Florida, pursuant to Section
18(c) of the Federal Deposit Insurance Act.

Not yet available*

Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice

Application

Comment Period Ending Date

Early Bancshares, Inc.
Blakely, Georgia
1-BHC formation, Bank of Early,
Blakely, Georgia.

01-02-93*
Federal Register

F & M Bancorporation
Birmingham, Alabama
1-BHC formation, The Farmers & Merchants
Bank, Centre, Alabama.

01-26-93*
Federal Register

Section 3 - Applications Subject to Federal
Register Only

Application

Comment Period Ending Date

None.

♦Subject to Provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending January 29. 1993
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
SouthTrust Corporation
Birmingham, Alabama
Waiver request related to the acquisition
of Gulf Bank of Dunedin, Dunedin, Florida,
pursuant to Section 3 ( a ) (5) of the Bank
Holding Company Act.
Central National Bank Corporation
Winter Park, Florida
Commitment waiver request.
First State Corporation
Albany, Georgia
To redeem 27.67 percent of the outstanding
shares of common stock.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending January 29. 1993
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

Rating

United Bank of Pinellas
Satisfactory
County, 200 Central Avenue
19th Floor
St. Petersburg, Florida 33701
(813)892-1760
Citizens First Bank of
Needs to Improve
Ocala, Post Office Box 548
Ocala, Florida 32678
(904)732-2223
Gulf Bank of Dunedin
Post Office Box 1648
Dunedin, Florida 34697
(813)734-8800




Satisfactory

Date
10-19-92

10-19- 92

10-26-92

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

Type

Application

Branch

The Kingston State Bank
Kingston, Michigan
4059 Huron Street
North Branch, Michigan*

N

- **

Oakar

State Financial Services Corporation
Hales Corners, Wisconsin
Waukesha, Wisconsin branch of North
Shore Bank, FSB
Brookfield, Wisconsin*

N

- 1-27-93

EFT

First of America Bank - Ann Arbor
Ann Arbor, Michigan
Eastern Eatery
7 Ann Street
Ypsilanti, Michigan*

N

- **

EFT

First of America Bank - Ann Arbor
Ann Arbor, Michigan
Eastern Michigan University
850 West Cross Street
Ypsilanti, Michigan*

N

- **

Merger

The Shelby County State Bank
Shelbyville, Illinois
Bank of Findlay
Findlay, Illinois*

N

- 1-31-93

Branch

Old Kent Bank and Trust Company
Grand Rapids, Michigan
6210 Kalamazoo Avenue
Kentwood, Michigan*

N

-

2-5-93

Oakar

Ida Grove Bancshares, Inc.
Ida Grove, Iowa
Denison Office of First Federal
Savings and Loan Association
Storm Lake, Iowa*

N

-

2-15-93

EFT

Chemical Bank and Trust Company
Midland, Michigan
4787 Fashion Square Mall
Saginaw, Michigan*

N

- **




Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspapt
Register Notice

and Federal
Comment Period
Ending Date

Type

Application

Y-2

Comerica Incorporated
Detroit, Michigan
Comerica Texas Incorporated
Detroit, Michigan
Nasher Financial Corporation
Dallas, Texas
NorthPark National Corporation
Dallas, Texas
NorthPark National Bank of Dallas
Dallas, Texas*

FR - 12-28-92
N - 1-31-93

Y-l

Comerica Texas Incorporated
Detroit, Michigan
Nasher Financial Corporation
Dallas, Texas
NorthPark National Corporation
Dallas, Texas
NorthPark National Bank of Dallas
Dallas, Texas*

FR - 12-28-92
N - 1-31-93

Y-2

First Colonial Bankshares Corporation
Chicago, Illinois
Hi-Bancorp, Inc.
Highwood, Illinois
Bank of Highwood
Highwood, Illinois
GNP Bancorp, Inc.
Mundelein, Illinois
New Century Bank
Mundelein, Illinois*

FR - 1-22-93
N - 1-19-93

Y-2

Minowa Banshares, Inc.
Decorah, Iowa
Minnesota Bank, National Association
Caledonia, Minnesota*

FR - 1-26-93
N - 1-18-93

Y-l

ABC Employee Stock Ownership Plan
Anchor, Illinois
Anchor Bancorporation, Inc.
Farmer City, Illinois
Anchor State Bank
Anchor, Illinois*

FR - 2-16-93
N - 1-28-93




Federal Reserve Bank of Chicago

Type

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

CoC-HC

Anchor Bancorporation, Inc.
Farmer City, Illinois
ABC Employee Stock Ownership Plan
Anchor, Illinois
Merle E. Coile; Chester D. Eyer
Employee's Profit Sharing Plan;
Gayle E. Simpson; Jeffrey A. Coil;
James R. Eckert

FR - 2-11-93
N - **

Y-2

Midstates Bancshares, Inc.
Missouri Valley, Iowa
Peoples National Bank
Avoca, Iowa*

FR N -

CoC-HC

Avoca Financial Services, Inc.
Council Bluffs, Iowa
Terry M. Carley

FR - 1-11-93
N - 1-11-93

Y-l

ISB Bancshares, Inc.
Ipava, Illinois
Ipava State Bank
Ipava, Illinois*

FR - 2-16-93
N - 2-6-93

Y-2

Shelby County Bancorp, Inc.
Shelbyville, Illinois
Bank of Findlay
Findlay, Illinois*

FR N -

1-15-93
1-31-93

Y-2

LeRoy C. Darby, Inc.
Monona, Iowa
Keystone Bancshares, Inc.
Monona, Iowa
Peoples State Bank
Elkader, Iowa*

FR N -

2-5-93
2-25-93

Y-l

Van Buren Bancorporation Employee
Stock Ownership Plan
Keosauqua, Iowa
Van Buren Bancorporation
Keosauqua, Iowa
State Savings Bank
Cantril, Iowa
Farmers State Bank
Keosauqua, Iowa*

FR - 2-5-93
N - 2-1-93




2-5-93
1-3-93

Federal Reserve Bank of Chicago

Type

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

Y-l

Guaranty Financial, M.H.C
Milwaukee, Wisconsin
Guaranty Bank, S.S.B.
Milwaukee, Wisconsin*

FR - 12-14-92
N 2-5-93

Y-2

F.N.B.C. of La Grange, Inc
La Grange, Illinois
Mokena State Bank
Mokena, Illinois*

FR - 2-16-93
N - 2-10-93

Y-2

Hawkeye Bancorporation
Des Moines, Iowa
First Dubuque Corp.
Dubuque, Iowa
First National Bank of Dubuque
Dubuque, Iowa*

FR - 2-16-93
N - 2-8-93

Y-2

Premier Financial Services, I n c .
Freeport, Illinois
First Northbrook Bancorp, Inc.
Northbrook, Illinois
First National Bank of Northbrook
Northbrook, Illinois
First Security Bank of Cary-Grove
Cary, Illinois*

FR - **
N - 1-2-93

Y-l

Premier Acquisition Company
Freeport, Illinois
First Northbrook Bancorp, Inc.
Northbrook, Illinois
First National Bank of Northbrook
Northbrook, Illinois
First Security Bank of Cary-Grove
Cary, Illinois*

FR - **
N - 1-2-93

CoC-HC

Premier Financial Services, Inc.
Freeport, Illinois
Thomas D. Flanagan

FR - **

CoC-HC

First Business Bancshares, Inc.
Madison, Wisconsin
William T. Graham

FR - **




Federal Reserve Bank of Chicago

ZW£

Section II - Applications Subject to Both Newspaper and Federal
Register Notice
(Continued)
Comment Period
Ending Date
A pplication

CoC-HC

Overton Bank Shares, Inc.
Mondamin, Iowa
James F. & Donald F. Schwertley and
James R . King

FR - 1-11-93
N - **

CoC-HC

Iowa State Bank Holding Company
Des Moines, Iowa
Marvin R. Selden, Jr.; Melvin H.
Nielsen; Dennis Gallagher; Robert
McLaughlin and Doris Olson

FR - 1-11-93
N - **

Y-l

Bourbonnais Bancorp, Inc.
Wheaton, Illinois
Bank of Bourbonnais
Bourbonnais, Illinois*

FR N -

**
**

Y-2

Illinois State Bancorp, Inc.
Wheaton, Illinois
Bourbonnais Bancorp, Inc.
Wheaton, Illinois
Bank of Bourbonnais
Bourbonnais, Illinois
Presidential Holdings, Inc.
Bourbonnais, Illinois*

FR N -

**
**

Y-l

Cashton Bancshares, Inc.
Cashton, Wisconsin
Bank of Cashton
Cashton, Wisconsin*

FR - 12-18-92
N - 12-11-92

Oakar

Citizens National Bancorp, Inc.
Darlington, Wisconsin
Darlington, Wisconsin branch of
Anchor Bank SSB
Madison, Wisconsin*

N

Y-2

FBOP Corporation
Oak Park, Illinois
Drovers Bank
Lake Jackson, Texas (in organization)*

FR - **
N - **




- 12-19-92

Federal Reserve Bank of Chicago

Type

Section II - Applications Subject to Both Newspaper and Federal
Register Notice
lContinued)
Comment Period
Application
Ending Date

Y-2

Firstar Corporation
Milwaukee, Wisconsin
Metro Bancorporation
Waterloo, Iowa
The Waterloo Savings Bank
Waterloo, Iowa*

FR - **
N - **

Y-2

Firstar Corporation of Iowa
Des Moines, Iowa
Metro Bancorporation
Waterloo, Iowa
The Waterloo Savings Bank
Waterloo, Iowa*

FR - **
N - **

Y-2

River Forest Bancorp, Inc.
Chicago, Illinois
Belmont National Bank
Chicago, Illinois*

FR - **
N - **

CoC-HC

VCR Bancorporation
Carlisle, Iowa
Kenton R. Coons

FR - **
N - **




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

Type

Application

Y-4

Valley Bancorporation
Appleton, Wisconsin
Valley Securities, Inc.
Appleton, Wisconsin

FR - 1-15-93

Y-4

Bank of Montreal
Montreal, Canada
Harris Futures Corporation
Chicago, Illinois

FR - 2-10-93

Y-4

Bankmont Financial Corp.
New York, New York
Harris Futures Corporation
Chicago, Illinois

FR - 2-10-93

Y-4

Harris Bankcorp, Inc.
Chicago, Illinois
Harris Futures Corporation
Chicago, Illinois

FR - 2-10-93

Y-4

Northern Trust Corporation
Chicago, Illinois
Northern Futures Corporation
Chicago, Illinois— Execute and clear
commodity futures contracts

FR - **

Y-4

Caisse Nationale de Credit Agricole
Paris, France
UI USA, Inc.
New York, New York

FR - 2-11-93

4(c)(8)

Comerica Incorporated
Detroit, Michigan
ComeriComp, Incorporated
Detroit, Michigan

FR - **

4(c)(8)

Beaman Bancshares, Inc.
Beaman, Iowa
Beaman Insurance Agency, Inc.
Beaman, Iowa

FR -




2-1-93

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

Type

Application

Y-4

Old Kent Financial Corporation
Grand Rapids, Michigan
Gladeshire L.D.H.A. Limited Partnership
Kalamazoo, Michigan

FR - 1-22-93

Y-4

Van Buren Bancorporation
Keosauqua, Iowa
Making and servicing loans

FR - 2-5-93

4(c)(8)

Amcore Financial, Inc.
Rockford, Illinois
Amcore Investment Banking, Inc.
Rockford, Illinois - investment and
financial advisory services

FR - **

4(c)(8)

Community Banc-Corp of Sheboygan, Inc.
Sheboygan, Wisconsin
G & H Insurance Agency
Sheboygan, Wisconsin - selling insurance
and other financial services

FR - 2-5-93

Y-4

Caisse Nationale de Credit Agricole
FR Paris, France
Credit Agricole Securities, Inc.
New York, New York — Securities brokerage
services

Y-4

First Chicago Corporation
FR - **
Chicago, Illinois
Government Pricing Information System, Inc.
New York, New York ("GovPX, Inc.)

4(C)(8)

Central-State Bancorp, Inc.
Beulah, Michigan
Central State Services Corp.
Beulah, Michigan— engage de novo in
making and selling fixed rate mortgages

FR - **

4(C)(8)

Columbus Bancorp, Inc.
Indianapolis, Indiana
Gardenview Limited Partnership, an
Indiana Limited Partnership
Corunna, Indiana - CDC

FR - **




2-11-93

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

Type

Application

4(c)(8)

Columbus Bancorp, Inc.
Indianapolis, Indiana
Making and servicing loans or other
extensions of credit for the company's
account

FR - **

4(c)(8)

Salin Bancshares, Inc.
Indianapolis, Indiana
Making and servicing of loans or
other extensions of credit for the
company's account

FR - **




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

Application

None

N
FR
*
**

-

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




A V A IL A B IL IT Y 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-business day period the bank has
to make the evaluation public has lapsed during the week ending January 29,
1993. 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 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.
SN-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.
BANK NAME/LOCATION
-Bank of Commerce & Industry
6100 North Northwest Highway
Chicago, Illinois
60631
(312) 775-8000




EXAMINATION DATE

10/19/92

RATINGS

S

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING JANUARY 29, 1993

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End of Comment Period

None.

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

End of Comment Period

Change in control notification
involving First National Corporation,
Wynne, Arkansas, by Doyl E. Brown

Not yet available

Change in control notification involving
Bancshares of West Memphis, West Memphis,
Arkansas, by M. E. Black Dunklin

Newspaper: 2-10-93

★Section 3(a)(3) application under
emergency procedures by First Commercial
Corporation, Little Rock, Arkansas, to
acquire Lufkin National Bank, Lufkin,
Texas, a de novo bank

Newspaper:

2-7-93

★Section 3(a)(3) application under
emergency procedures by First Commercial
Corporation, Little Rock, Arkansas, to
acquire First National Bank of Tyler,
Tyler, Texas, a de novo bank

Newspaper:

2-7-93

★Section 3(a)(1) application under
emergency procedures by FCC Texas, Inc.
,
Little Rock, Arkansas, to acquire
First National Bank of Tyler, Tyler,
Texas, and Lufkin National Bank, Lufkin,
Texas, de novo banks

Newspaper:

2-7-93

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application
None.




End of Comment Period

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
End of Comment Period
Stock redemption notification
by First National Corporation,
Wynne, Arkansas

Not applicable

Stock redemption notification
by Dearmin Bancorp, Inc., Odon,
Indiana

Not applicable

Stock redemption notification
by CBX Corporation, Carrollton,
Illinois

Not applicable

♦This application is subject to CRA.




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

AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f meeting community credit needs
A n institution in this group has an outstanding record of, and is a leader in, ascertaining and helping
to m eet 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
A n institution in this group has a satisfactory record o f ascertaining and helping to m eet 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 m eet
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 m eet
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

The Callaway Bank




January 29, 1993

Examination
Date

Bank Address

P. 0. Box 42
Fulton, Missouri

10-19-92
65251

Examination
Rating
Satisfactory

FED ER A L RESERVE BANK OF M IN N E A P O L IS

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

Application
Commercial Trust & Savings Bank
Mitchell, SD
To establish a de novo branch at
1800 North Main Street, Mitchell,
SD*

2-19-93

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

Application
Kempton and Grace Spooner
Revocable Trust
To acquire 50% of the voting
shares of Gilman Corporation,
Exeland, WI

Not yet available

Section III - Applications Subject
to Federal Register Notice Only

Application

Comment Period
Ending Date

Marquette Bancshares, Inc.
Mpls, MN
To engage in acting as an in­
vestment advisor and providing
securities brokerage services
through the acquisition of
Marquette Fund Advisors, Inc.,
Minneapolis, MN

Not yet available

Norwest Corporation
Mpls, MN
To acquire the insurance agency
book of business from Merchants
& Miners State Bank of Hibbing,
Hibbing, MN

Not yet available

* Subject to CRA




FEDERAL RESERVE BANK OF M IN N E A P O L IS

Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
First National Corporation
Grand Forks, ND
To redeem up to 25.5% of its
voting shares.




FEDERAL RESERVE BANK OF M INNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending January 29, 1993
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 lowand moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its
resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low-and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
BANK (S) EXAMINED
Pioneer Bank & Trust
700 State Street, Box 729
Belle Fourche, SD 57717
(605) 892-2536




DATE OF EXAMINATION
October 19, 1992

CRA RATING
Satisfactory

Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

Commerce Bancshares, Inc., Kansas
City, Missouri, for prior approval to
acquire 100 percent of the voting
shares of Republic Bancshares, Inc.,
Neosho, Missouri.*

Not Available

CBI Security Corporation, Kansas
City, Missouri, for prior approval to
become a bank holding company through
the acquisition of 100 percent of the
voting shares of Republic Bancshares,
Inc., Neosho, Missouri.*

Not Available

Dickinson Financial Corporation,
Chillicothe, Missouri, for prior
approval to acquire 96.49 percent of
the voting shares of Army National
Bank, Fort Leavenworth, Kansas.*

Not Available

FNBR Holding Corp., Meeker, Colorado,
for prior approval to become a bank
holding company through the
acquisition of 97 percent of the
voting shares of First National Bank
of the Rockies, Meeker, Colorado.*

Not Available

Craco, Inc., Vinita, Oklahoma, for
prior approval to become a bank
holding company through the
acquisition of 100 percent of the
voting shares of The First National
Bank & Trust Company, Vinita,
Oklahoma.*

Not Available

E.R. Albert, Jr. Living Trust and Jon
R. Stuart, both of Tulsa, Oklahoma,
to increase their ownership interests
in Tulbancorp, Inc., Tulsa, Oklahoma,
by 7.63 percent to 26.05 percent, and
by 6.79 percent to 31.31 percent,
respectively.

Not Available

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




COMMENT PERIOD ENDING DATE

Federal Reserve Bank of Kansas City

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None.
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
Outstanding record of meeting community credit needs
An institution in this group has an outstanding record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods,
in a manner consistent with its
resources and capabilities.
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 moderateincome neighborhoods,
in a manner consistent with its
resources and capabilities.




Federal Reserve Bank of Kansas City

Substantial noncompliance in meeting community credit needs
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its
resources and capabilities.
Bank/Location

Exam Date

CRA Public
Date

The Heritage Bank of Olathe
P.O. Box 4000-343
Olathe, Kansas 66062

11-02-92

01-28-93

♦Application is subject to CRA.




CRA
Rating
Satisfactory

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF JANUARY 25, 1993

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
NOTICE EXP

APPLICATION
♦Section 18(c) application by
Alice Bank of Texas, Alice, TX, to merge with New
First City Bank of Alice, N.A., Alice, TX

N/A

♦Section 9 application by
Alice Bank of Texas, Alice, TX, to establish a
drive-through branch to be located at 1600 East Main
Street, Alice, TX

N/A

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

** NOTICE EXP

Change in Control Notice by
David Walthall, Dallas, TX, to acquire an interest in
Equitable Bankshares, Inc., Dallas, 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 25, 1993

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
lowand
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 asubstantially deficient record of
ascertaining and helping to meet the credit needs of
its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.

Bank
None.




Date of
Examination

CRA Rating

FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 1/29/93

Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

None

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

Comment Period Ending Date

None

Section III - Applications Subject to Federal Register Notice Only
Application

Comment Period Ending Date

The Bank of Tokyo, Tokyo, Japan, to expand
leasing activities to the full extent permitted
pursuant to 12 C.F.R. Section 225(b)(5)(ii),
through BOT Financial Corporation, Boston,
Massachusetts.

Fed. Reg.:

2/19/93

First Community Financial Group, Lacey,
Washington, to: 1) engage de novo in mortgage
brokerage services through First Community
Mortgage, Inc., Lacey, Washington; and 2)
engage de novo in providing data processing
services through Information Management
Services, Inc., Lacey, Washington.

Fed. Reg.:

2/25/93

Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
None*

* Subject to CRA




FEDERAL RESERVE BANK O F SAN FRANCISCO (cont'd.)

Week ending 1/29/93
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending January 29, 1993. Information about a particular
institution's CRA evaluation may be obtained directly from the institution.
Institution

Location

Examination Date

Farmers & Merchants Bank
of Central California

121 West Pine Street
10/13/92
Lodi, California 95240
Telephone: (209) 334-1101*

Rating*

Needs to Improve

* 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 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 moderateincome 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