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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.