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RESEARCH l,8RARY

Jsh 28 9 M AM'$1 H. 2,

ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

1991, NO. 1

fedeq<AL

A c t i o n s o f t h e B o a r d , it s S taf f , an d
L
o4fcfce F e d e r a l R e s e r v e B a n k s ;
L6
lications and Reports Received
D u r i n g t h e W e e k E n d i n g J a n u a r y 5, 1991

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
USBancorp, Inc., Johnstown, Pennsylvania —
bank control.
Permitted, January 3, 1991.

change in

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
SANK HOLDING COMPANIES
Chicago

Arneson Bancshares, Inc., Clear Lake, Iowa —
acquire Clear Lake Bank and Trust Company.
Approved, January 3, 1991.

Kansas City

CNB Bancorp, Inc., Independence, Kansas — to acquire
The Citizens National Bank in Independence.
Approved, January 4, 1991.

Chicago

Northern Trust Corporation, Chicago, Illinois — to
engage in underwriting and dealing in obligations
of the U.S., general obligations of states and
other obligations of state member banks through
Northern Trust Brokerage, Inc.
Permitted, January 3, 1991.

Minneapolis

Rice Lake Bancorp, Inc., Rice Lake, Wisconsin —
acquire Prairie Farm Shares, Prairie Farm,
Wisconsin.
Approved, January 3, 1991.

Atlanta

Southwest -Georgia Financial Corporation, Moultrie,
Georgia — to establish Moultrie Interim, FSB,
which was formed to acquire certain assets and
assume certain liabilities of Moultrie Savings
Bank, FSB, and to facilitate the merger of Moultrie
Savings Bank into Moultrie National Bank.
Approved, January 4, 1991.




to

to

H.2
DECEMBER 30, 1990
PAGE 2

TO

JANUARY 4, 1991

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

BANK HOLDING COMPANIES
Staff Director
BS&R

Southwest Georgia Financial Corporation, Moultrie,
Georgia — proposal that Moultrie National Bank
purchase the assets and assume the liabilities of
Moultrie Interim Bank, F.S.B., which was formed to
acquire certain assets and assume deposit
liabilities of Moultrie Savings Bank, F.S.B.
Approved, January 4, 1991.

Chicago

Swea City Bancorporation, Inc., Swea City, Iowa — to
acquire Tietje Insurance Services, Inc., Armstrong,
Iowa and engage in general insurance activities.
Returned, January 3, 1991.

Philadelphia

Wilmington Trust Corporation, Wilmington, Delaware —
to acquire Wilmington Trust Company.
Approved, January 3, 1991.

BANK PREMISES
Cleveland

Ohio Citizens Bank, Toledo, Ohio —
bank premises.
Approved, January 2, 1991.

investment in

BANKS» NONMEMBER, AND MISCELLANEOUS INSTITUTIONS
San Francisco

Executive Life Insurance Company, Inglewood,
California — registration statement.
Withdrawn, January 2, 1991.

CHANGE IN BANK CONTROL




Kansas City

Burlington Bancshares, Inc., Burlington, Colorado —
change in bank control.
Permitted, January 4, 1991.

Minneapolis

Commercial Banshares, Inc., Mitchell, South Dakota —
change in bank control.
Returned, January 4, 1991.

St. Louis

Farmers Deposit Bancorp, Eminence, Kentucky —
in bank control.
Permitted, January 3, 1991.

change

H.2
DECEMBER 30, 1990
PAGE 3

TO

JANUARY 4, 1991

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

CHANGE IN BANK CONTROL
Dallas

Westex Bancorp, Inc., Del Rio, Texas —
bank control.
Permitted, January 3, 1991.

change in

COMPETITIVE FACTORS REPORTS




Atlanta

Alabanc, Inc., Decatur, Alabama, proposed acquisition
of First Federal Savings Bank — report on
competitive factors.
Submitted, January 3, 1991.

St. Louis

Crawford County State Bank, Robinson, Illinois,
proposed purchase of the assets and assumption of
the liabilities of Peoples Federal Building and
Loan Association, Oblong, Illinois — report on
competitive factors.
Submitted, January 3, 1991.

Atlanta

Drummond Community Bank, Chiefland, Florida, proposed
purchase of the assets and assumption of the
deposit liabilities of the Cedar Key branch of
Barnett Bank of Marion County, Ocala, Florida —
report on competitive factors.
Submitted, December 31, 1990.

Chicago

First National Bank of Columbus, Columbus, Wisconsin,
proposed merger with Rio - Fall River Union Bank,
Fall River, Wisconsin — report on competitive
factors.
Submitted, January 2, 1991.

Chicago

Hastings City Bank, Hastings, Michigan, proposed
purchase of the assets and assumption of the
liabilities of the Wayland branch of First Savings
Bank, FSB, Three Rivers, Michigan — report on
competitive factors.
Submitted, January 4, 1991.

H.2
DECEMBER 30, 1990
PAGE 4

TO

JANUARY 4, 1991

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

COMPETITIVE FACTORS REPORTS
Sain Francisco

Home Savings of America, F.A., Los Angeles,
California, proposed purchase and assumption of
certain liabilities of the La Jolla, California
(7979 Ivanhoe Avenue) and the Richmrnd, California
(12160 Hilltop Mall Road) branches of California
Federal Bank, F.S.B. — report on competitive
factors.

Submitted, January 3, 1991.
Atlanta

Skylake State Bank, North Miami Beach, Florida,
proposed acquisition of the assets and assumption
of the deposit liabilities of Summit Bank,
Plantation, Florida — report on competitive
factors.
Submitted, December 31, 1990.

Chicago

State Bank of Caledonia, Caledonia, Michigan,
proposed merger with SBC Bank — report on
competitive factors.
Submitted, January 2, 1991.

San Francisco

United Pacific Bank, Los Angeles, California,
proposed acquisition of certain assets and
assumption of certain liabilities of the Brookhurst
Avenue branch of Delta Savings Bank, Westminster,
California — report on competitive factors.
Submitted, January 2, 1991.

Chicago

Wood County National Bank & Trust, Wisconsin Rapids,
Wisconsin, proposed merger with Community State
Bank — report on competitive factors.
Submitted, January 2, 1991.

EXTENSIONS OF H M E




Chicago

First Midwest Corporation of Delaware, Elmwood Park,
Illinois — extension to April 11, 1991, to
activate the charter of Midwest Bank and Trust
Company of DuPage County, East St. Louis, Illinois,
and relocate the bank to Hinsdale, Illinois.

Granted, January 3, 1991.
Chicago

Heartland Bankshares, Inc., Madrid, Iowa — extension
to January 30, 1991, to acquire City State Bank.
Granted, December 31, 1990.

Atlanta

North Fulton Bancshares, Inc., Roswell, Georgia —
extension to April 17, 1991, to acquire Milton
- Nat ional Bank.
Granted, January 4, 1991.

H.2
DECEMBER 30, 1990
PAGE 5

TO

JANUARY 4, 1991

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

EXTENSIONS OF TIME
Chicago

PrivateBancorp, Inc., Chicago, Illinois — extension
to March 28, 1991, to acquire The PrivateBank and
Trust Company.
Granted, January 3, 1991.

San Francisco

Security Pacific Corporation, Los Angeles, California
— extension to divest certain property.
Granted, January 2, 1991.

Atlanta

SouthTrust Corporation, Birmingham, Alabama —
extension to April 9, 1991, to
acquire SouthTrust Bank of North Carolina, Raleigh,
North Carolina.
Granted, January 4, 1991.

San Francisco

Zions Bancorporation, Salt Lake City, Utah —
extensions to divest certain properties.
Granted, January 2, 1991.

INTERNATIONAL OPERATIONS




New York

Citibank Overseas Investment Corporation, New Castle,
Delaware — to make an investment in Citibank
Investments Limited, London, England.
Permitted, December 30, 1990.

ADDITIONS AND CORRECTIONS

H.2
DECEMBER 30, 1990
PAGE 6

TO

JANUARY 4, 1991

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

BANK HOLDING COMPANIES




Chicago

Mid - Michigan Bancorp, Inc., Portland, Michigan —
to acquire Maynard - Allen State Bank, Portland,
Michigan.
Withdrawn, December 14, 1990.

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

Comment Period Ending Date

NONE

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 T O B O T H
NEWSPAPER AND FEDERAL REGISTER NOTICE

Comment Period Ending Date

Application

C h a n g e in C o n t r o l
Newspaper 01-15-91
N o t i f i c a t i o n b y L a u r e n c e A. Tisch,
P r e s t o n R. T i s c h ,
Federal Register 01-04-91
A n d r e w H. T isch, D a n i e l R. Tisch,
J a m e s S. T i s c h a n d T h o m a s J. T i s c h t o
acquire up to 14.9% of the outstanding
c o m m o n s t o c k of B a n k o f B o s t o n
Corporation, Boston, M a s s a c h u s e t t s

S E C T I O N III - A P P L I C A T I O N S S U B J E C T T O
FEDERAL REGISTER NOTICE ONLY
Application

Comment Period Ending Date

NONE

SECTION IV - APPLICATIONS NOT SUBJECT TO
FEDERAL REGISTER OR NEWSPAPER NOTICE
Application
NONE
♦Subject to CRA




Federal Reserve Bank of New York
Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
____________ Notice Only__________
None.

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

SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)

The Summit Bancorporation, Chatham, New Jersey
to acquire through its subsidiary, S & S Interim
Federal Savings Bank, Chatham, New Jersey, certain
assets and to assume certain liabilities associated
with five branch offices of Carteret Savings Bank FA,
Morristown, New Jersey. All of the assets and
liabilities will immediately thereafter be transferred
to The Summit Trust Company, Summit, New Jersey and
Somerset Trust Company, Somerville, New Jersey.

1/16/91

SECTION IV
Applications Not Involving
______ Public Comment______
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.
N/A - Not Available
Date specified in Federal Register notice; a later date may be
specified in the newspaper notice.




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
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.




Federal Reserve Bank of Cleveland

Applications Bulletin
For Week Ending January 5, 1991

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
NONE

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

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
R e c e i v e d S e c t i o n 4(c)(8) a p p l i c a t i o n o n
D e c e m b e r 12, 19 9 0 f r o m M i d Am, Inc.,
B o w l i n g G reen, Ohio, t o a c q u i r e C i t i z e n s
Federal Savings and Loan Association,
B e l i e f o n t a i n e , Ohio.

J a n u a r y 10,

1991

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
R e c e i v e d r e q u e s t o n D e c e m b e r 24, 1990 f r o m
O h i o C i t i z e n s Bank, T o l edo, Ohio, f o r p e r m i s s i o n
t o e x c e e d i ts l i m i t o f i n v e s t m e n t in b a n k p r e m i s e s
p e r m i t t e d u n d e r S e c t i o n 2 4 A of t h e F e d e r a l R e s e r v e
Act.

*
#
N
F

-

Subject to CRA
E x p e c t e d t o e n d a p p r o x i m a t e l y 30 d a y s
Newspaper Comment Period
Federal Register Comment Period




from the date of receipt

Applications Bulletin
For Week Ending January 5, 1991

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE fCont.)
R e c e i v e d a p p l i c a t i o n o n J a n u a r y 2, 19 9 1 f r o m
E n t e r p r i s e Bank, S olon, Ohio, f o r a p p r o v a l of
m e m b e r s h i p in t h e F e d e r a l R e s e r v e S y s t e m p u r s u a n t
to Section 9 of the Federal Rese r v e Act and
S e c t i o n 2 0 b . 4 o f R e g u l a t i o n H.
R e c e i v e d r e q u e s t o n J a n u a r y 3, 1 9 9 1 f r o m
C i t i z e n s C o m m u n i t y Bank, Mt. B l a n c h a r d , Ohio,
f o r p e r m i s s i o n t o e x c e e d its l i m i t o f i n v e s t m e n t
in b a n k p r e m i s e s p e r m i t t e d u n d e r S e c t i o n 2 4 A o f
t h e F e d e r a l R e s e r v e Act.

*
#
N
F

-

Subject to CRA
E x p e c t e d t o e n d a p p r o x i m a t e l y 30 d a y s
Newspaper Comment Period
Federal Register Comment Period




from the date of receipt

Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

None.

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

Comment Period Ending Date

Key Centurion Bancshares, Inc.,
Huntington, West Virginia, for
prior approval to acquire Southern
Bankshares, Inc., Beckley, West
Virginia.*

2-4-91

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

None.

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

*Application is subject to CRA.




F e d e r a l R e s e r v e B a n k of A t l a n t a
A p p l i c a t i o n s B u l l e t i n for W e e k E n d i n g J a n u a r y 4.

1991

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 T o B o t h
N e w s p a p e r a n d Federal R e g i s t e r N o t i c e
Application

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

Founders Financial Corporation
Nap l es, F l o r i d a
1 - B H C f o rmation, C o l o n i a l N a t i o n a l Bank,
Fort
Myers,
Florida
(to
be
renamed
Founders National Trust B a n k ) .

01-16-91
Federal Register

S e c t i o n III - A p p l i c a t i o n s S u b j e c t to F e d e r a l R e g i s t e r N o t i c e O n l y
Application
F i r s t F l o r i d a Banks, Inc.
Tampa, F l o r i d a
Along
with
7L
Corporation,
Tampa,
Florida,
to a c q u i r e M i d - S t a t e Federal
S a v i n g s Bank, Ocala, Florida, p u r s u a n t to
S e c t i o n 2 2 5 . 2 5 ( b ) ( 9 ) of R e g u l a t i o n Y.







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

Tffii

Application

Y-l

Illiopolis Bancorparatian, Incorporated
Springfield, Illinois
Farmers State Bank and Trust
Illiopolis, Illinois*

Y-l

Farmers Savings Bank, Trustee of Fanners
FR - 1-28-91
Savings Bank Employee Stock Ownership
Plan and Trust
West Union, leva
BJS, Inc., West Union, Iowa
Westmont Corporation, West Union, Iowa
The Farmers Savings Bank, West Union, Iowa*

Y-l

Dana Bancorp, Inc.
Dana, Indiana
The First National Bank of Dana
Dana, Indiana*

FR - 1-28-91
N - 1-26-91

Y-l

FSB Bancorp
Wever, Iowa
Farmers Savings Bank
Wever, Iowa*

FR - **
N - **

Y-l

Camunity Bancshares, Inc.
Noblesville, Indiana
Summitville Bank and Trust Co
Summitville, Indiana*

FR - **
N - **

Y-2

Goodenow Bancorparatian
Wall lake, Iowa
Jackson Bancorparatian
Fairmont, Minnesota
Bank Midwest, Minnesota Iowa,
National Association
Jackson, Minnesota*

FR - **
N - 1-14-91

FR - 1-23-91
N - **

Federal Reserve Bank of Chicago
Section III - Applications Subject to
Only
Continued

Federal

npgister Notice

Type

Application

Y-4

Community Bancshares, Inc.
Nchlesville, Indiana
lapel, Indiana, Branch Colonial Central
Savings Bank, F.S.
Mt. Clemens, Indiana

Comment Period
Ending rtat-o
FH - **

SBCTICN IV - Applications Not Subject to Federal Register Notice
Or Newspaper Notice
t aa§

Application

None

N
FR
*
**

_




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

January 4, 1991

Federal Reserve Bank of St. Louis




SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
None.

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

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
None.

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

FEDERAL RESERVE BANK OF MINNEAPOLIS

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

Application
None.
Section II - Applications Subject to Both
Newspaper and Federal Register Notice

Comment Period
Ending Date

Application
American Community Bank Group, Inc.
Minneapolis, MN
To acquire 98.2% of Pierce County
Bank & Trust Company, Ellsworth,
WI*

1-28-91
(Newspaper)

Charles Wangensteen and John
Wangensteen
To increase their ownership interest
collectively from 9.96% to 10.36% of
the voting shares of Chisholm Bancshares, Inc., Chisholm, MN

Not yet available

Anthony R. Baraga
To increase his ownership interest
from 8.72% to 10.98% of the voting
shares of Merchants & Miners Bankshares, Inc., Hibbing, MN

Not yet available

Section III - Applications Subject
to Federal Register Notice Only

Application
Commercial Banshares, Inc.
Mitchell, SD
To acquire Spectrum Life Insurance
Company, Mitchell, SD

^Subject to CRA




Comment Period
Ending Date
Not yet available

FEDERAL RESERVE BANK OF MINNEAPOLIS

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

Application
Norwest Corporation, Minneapolis,
MN; Norwest Financial Services,
Inc., Des Moines, IA; Norwest
Financial, Inc., Des Moines, IA
To engage in insurance premium
finance receivables through the
acquisition of Coast Program,
Inc., Signal Hill, CA.

Not available

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




Federal Reserve Bank o f K ansas City

S E C T I O N I - A P P L I C A T I O N S SUBJECT T O N E W S P A P E R N O T I C E O N L Y
APPLICATION

COMMENT PERIOD ENDING DATE

None.
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 T O B O T H
N E W S P A P E R A N D FEDERAL R E G I S T E R N O T I C E
APPLICATION

COMMENT PERIOD ENDING DATE

M i k e C. Daly, W h e a t l a n d , Wyoming, for
p r i o r a p p r o v a l to i n c r e a s e his
p r o p o r t i o n a t e o w n e r s h i p interest in
W h e a t l a n d Bank s h a r e s , Inc.,
W h e a t l a n d , Wyomi n g , by up to 2
p e r c e n t to 23.9 percent.

Not A v a i l a b l e

P r i s m G roup, Inc., Hamilton,
M i s s o u r i , for prior a p p r o v a l to
b e c o m e a ba n k h o l d i n g c o m pany through
the a c q u i s i t i o n of 100 p e r cent of the
v o t i n g s h a r e s of Th e H a m i l t o n Bank,
Hamilton, Missouri.*

N ot A v a i l a b l e

C e n t r a l of Kansas, Inc., J u nction
City, Kansas, for prior approval to
a c q u i r e 100 p e r c e n t of the voting
s h a r e s of H e r i n g t o n Bancshares, Inc.,
H e r i n g t o n , Kansas, p a r e n t of The
H e r i n g t o n Bank, Herington, Kansas.*

N ot A v a i l a b l e

A m y L y n n Scott W y o m i n g Trust,
W. D a v i d Scott W y o m i n g Trust, Karen
A n n D i x o n W y o m i n g Trust, and Sandra
S c o t t Parker, all of C o u n c i l Bluffs,
Iowa, as a group, for prior approval
to p u r c h a s e 32.92 p e r c e n t of 304
C o r p o r a t i o n , Omaha, Nebraska.

Not A v a i l a b l e

F i r s t G e a r y C o r p o r a t i o n E m ployee
S t o c k O w n e r s h i p Plan, Geary,
O k l a h o m a , for prior a p p r o v a l to
b e c o m e a bank h o l d i n g c o m p a n y through
the a c q u i s i t i o n of 51 p e r c e n t of the
v o t i n g s h a r e s of First G e a r y
C o r p o r a t i o n , p a r e n t of First National
Ban k of Geary, both of Geary,
Oklahoma.*

Not A v a i l a b l e




Federal Reserve Bank o f Kansas City

United Missouri Bancshares, Inc.,
Kansas City, Missouri, for prior
approval to acquire 100 percent of
the voting shares of Valley Bank
Holding Company, parent of Valley
Bank, both of Security, Colorado.*

Not Available

Barrett Holding Company, Watonga,
Oklahoma, for prior approval to
acquire an additional 1.82 percent of
the voting shares of Watonga State
Bank, Watonga, Oklahoma.*

Not Available

Sarah Welch Young, Chillicothe,
Missouri, for prior approval to
increase her proportionate ownership
interest in Citizens Bancshares Co.,
Chillicothe, Missouri, by .09 percent
to 11.56 percent.

Not Available

Air Academy National Bancorp, U.S.
Air Force Academy, Colorado, for
prior approval to become a bank
holding company through the
acquisition of 100 percent of the
voting shares of Air Academy National
Bank, U.S. Air Force Academy,
Colorado.*

January 10, 1991

Meader Insurance Agency, Inc.,
Waverly, Kansas, for prior approval
to acquire 100 percent of the voting
shares of Coffey County Bank Shares,
Inc., Burlington, Kansas, parent of
The Strawn State Bank, Burlington,
Kansas.*

January 10, 1991

Bethany Bankshares, Inc., Bethany,
Missouri, for prior approval to
become a bank holding company through
the acquisition of 100 percent of the
voting shares of The Bethany Trust
Company, Bethany, Missouri.*

January 14, 1991

J. Max Jiles, Sallisaw, Oklahoma, et.
al., for prior approval to acquire
89.73 percent of the voting shares of
First Sallisaw Bancshares, Inc.,
Sallisaw, Oklahoma.

January 10, 1991

North Park Bancshares, Inc., Walden,
Colorado, for prior approval to
become a bank holding company through
the acquisition of 88.67 percent of
the voting shares of North Park State
Bank, Walden, Colorado.*

January 10, 1991




Federal Reserve Bank o f K ansas City

J o h n Litrell, B r o o kfield, Missouri,
to i n c r e a s e his p r o p o r t i o n a t e
o w n e r s h i p i n t e r e s t in Capital
B a n c s h a r e s , Inc., Brookfield,
M i s s o u r i , by 5.96 p e r c e n t to 23.74
percent.

January

7,

K r e y Co., Ltd., Pratt, Kansas, for
p r i o r a p p r o v a l to a c q u i r e 100 percent
of the v o t i n g s h a r e s of Sharon Valley
S t a t e Bank, Sharon, K ansas.*

January

10,

SECTION

1991

1991

III - A P P L I C A T I O N S S U BJECT TO FEDERAL R E G I S T E R N O T I C E O N L Y

APPLICATION

COMMENT P E R I O D E N D I N G D AT E

None.
S E C T I O N IV - A P P L I C A T I O N S NO T SUBJECT TO F E D E R A L R E G I S T E R N O T I C E
OR N E W S P A P E R NOTICE
APPLICATION

W h e a t l a n d Bank s h a r e s , Inc.,
W h e a t l a n d , Wyomi n g , for prior
a p p r o v a l to r e d e e m 34,976 shares of
its o w n v o t i n g c o m m o n stock.
W a t o n g a B a n c s h a r e s , Inc., Watonga,
O k l a h o m a , for pr i o r appro v a l to
r e d e e m 2,525 s hares of its own voting
c o m m o n stock.
Fi r s t C e n t r a l N e b r a s k a Co., Broken
Bow, N ebra s k a , for prior approval to
r e d e e m 530 s h ares of its own voting
c o m m o n stock.

♦Application




is s u b ject to CRA.

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF DECEMBER 31, 1990

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY

APPLICATION

NOTICE EXP

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

** NOTICE EXP

Section 3(a)(1) application by
Park Cities Bancshares, Inc., Dallas, TX, to acquire
Park Cities Corporation, Wilmington, DE, and First National
Bank of Park Cities, Dallas, TX

91/01/28

Section 3(a)(1) application by
Park Cities Corporation, Wilmington, DE, to acquire
First National Bank of Park Cities, Dallas, TX

91/01/28

Change in Control Notice by
A. Lamar Smith, and Michael A. Harmon, Springhill, LA, to
acquire an interest in Citizens Bankshares of
Springhill, Inc., Springhill, LA

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.




FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 1/04/91
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
None

Section III - Applications Subject to Federal Register Notice Only
Banque Nationale de Paris, Paris, France, to
engage in investment advisory services and
riskless principal services through BAII Capital
Markets, Inc., New York, New York.

Fed. Rea.: Not yet published

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

Subject to CRA.