View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1995, No. 26
Actions of the Board/ its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending July 1, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

ADVISORY COUNCILS
Consumer Advisory Council.
Convened, June 29, 1995.
BANK HOLDING COMPANIES




CS Holding, Zurich, Switzerland, and Credit Suisse -to engage in providing advisory services with
respect to futures and options on futures on
financial and non-financial commodities through 3EA
Associates, New York, New York; and to delegate to
the Reserve Banks authority to act on notices to
conduct certain futures-related advisory
activities.
Approved, June 30, 1995.
First National Company, Storm Lake, Iowa -- to
acquire Buena Vista Abstracting.
Approved, June 30, 1995.
National City Corporation, Cleveland, Ohio -- to
acquire certain assets and assume certain
liabilities of Raffensperger, Hughes & Company,
Inc., Indianapolis, Indiana, and engage in limited
underwriting and dealing in debt and equity
securities through NatCity Investments, Inc.,
Cleveland, Ohio.
Approved, June 26, 1995.
Swiss Bank Corporation, Basel, Switzerland -- request
for temporary exemption under the Bank Holding
Company Act to engage indirectly in certain
securities activities as a result of SBCfs
acquisition of the U.S. operations of S.G. Warburg
Group pic.
Granted, June 26, 1995.

H.2
JUNE 26, 1995
PAGE 2

TO

JUNE 30, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

INTERNATIONAL OPERATIONS
Bank of America National Trust & Savings Association,
San Francisco, California - -to establish a branch
in Buenos Aires, Argentina.
Permitted, June 26, 1995.
Society National Bank, Cleveland, Ohio -- to
establish Key Trade Services Corporation,
Cleveland, Ohio, and to make an investment in Key
Trade Services, Ltd., Hong Kong.
Approved, June 26, 1995.
REGULATIONS AND POLICIES
Section 20 subsidiaries -- quarterly table to adjust
income for companies that adopt Board1s alternative
index revenue test to measure compliance with the
10 percent limit on bank ineligible securities
activities.
Announced, June 30, 1995.

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




San Francisco

Bank of America Nevada, Las Vegas, Nevada --to
establish a branch at 4361 North Rancho, Las Vegas,
Nevada.
Approved, June 29, 1995.

Chicago

Bank of Lakeview, Lakeview, Michigan -- to establish
a branch at 10049 Buchanan Road, Stanwood,
Michigan.
Returned, June 27, 1995.

Chicago

Bank of Lenawee, Adrian, Michigan -- to establish a
mobile branch.
Returned, June 27, 1995.

H.2
JUNE 26, 1995
PAGE 3

TO

JUNE 30, 1995

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

BANK BRANCHES. DOMESTIC




Chicago

Byron Center State Bank, Byron Center, Michigan -- to
establish a branch at 4350 44th Street, Grandville,
Michigan.
Returned, June 27, 1995.

Chicago

Comerica Bank, Detroit, Michigan -- to establish a
branch at 3410 Rememberance Road, N.W., Walker,
Michigan.
Approved, June 30, 1995.

Chicago

Community State Bank, Avilla, Indiana -- to establish
a branch at' 115 East Main Street, Albion, Indiana.
Returned, June 29, 1995.

Richmond

First-Citizens Bank & Trust Company, Lawrenceville,
Virginia -- to establish a branch at the
intersection of Highway 29 and State Road 703,
Chatham, Virginia.
Approved, June 30, 1995.

Chicago

Harris Trust and Savings Bank, Chicago, Illinois -to establish two offsite electronic facilities at
Loyola University Business School, 25 East Pearson
Street.
Returned, June 30, 1995.

Cleveland

Integra Bank / Pittsburgh, Pittsburgh, Pennsylvania - to establish a branch at Heidleburg Stop n ’Save,
2100 Washington Pike, Raceway Plaza, Carnegie,
Pennsylvania.
Approved, June 30, 1995.

Richmond

Sterling Bank and Trust Co., Baltimore, Maryland -to acquire the Annapolis, Maryland, branch of First
Union National Bank of Maryland, Rockville,
Maryland.
Approved, June 29, 1995.

H.2
JUNE 26, 1995
PAGE *
4

TO

JUNE 30, 1995

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

BANK HOLDING COMPANIES




Boston

Affiliated Community Bancorp, Inc., Waltham,
Massachusetts -- to acquire Main Street Community
Bancorp, Inc.
Permitted, June 28, 1995.

Chicago

Carroll County Bancshares, Inc., Carroll, Iowa -- to
own and operate a finance company through Carroll
Credit, Inc.
Returned, June 28, 1995.

Richmond

CENIT Bancorp, Inc., Norfolk, Virginia -- to acquire
Princess Anne Bank, Virginia Beach, Virginia.
Approved, June 29, 1995.

Richmond

CENIT Bancorp, Inc., Norfolk, Virginia -- to engage
in permissible savings and loan association
activities through CENIT Bank, F.S.B.
Approved, June 29, 1995.

Boston

Center Financial Corporation, Waterbury,
Connecticut -- to acquire Centerbank.
Approved, June 28, 1995.

Dallas

Community Bancshares of Delaware, Inc., Wilmington,
Delaware -- to acquire Community Bank, Beaumont,
Texas.
Approved, June 28, 1995.

Atlanta

Eastside Holding Corporation, Snellville, Georgia -to acquire Eastside Bank 8 Trust Company.
Approved, June 27, 1995.

Chicago

FBOP Corporation, Oak Park, Illinois -- to purchase
assets and liabilities of International Savings
Bank, F.S.B., San Diego, California.
Approved, June 28, 1995.

Atlanta

First Bankshares, Inc., Longwood, Florida -- to
acquire First National Bank of Central Florida.
Approved, June 27, 1995.

San Francisco

Interwest Bancorp, Inc., Oak Harbor, Washington ■* to
acquire Interwest Savings Bank.
Approved, June 27, 1995.

H.2
JUNE 26, 1995
PAGE 5

TO

JUNE 30, 1995

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

BANK HOLDING COMPANIES




Dallas

Keene Bancorp, Inc., 401 (k) Employee Stock Ownership
Plan & Trust, Keene, Texas --to acquire Keene
Bancorp, Inc., and Itasca State Bank, Itasca,
Texas.
Approved, June 27, 1995.

Boston

Lexington Holding, Inc., Waltham, Massachusetts -- to
acquire Lexington Savings Bank, Lexington,
Massachusetts.
Approved, June 28, 1995.

Secretary

Lisco State Company, Lisco, Nebraska, and First
Nebraska Banks, Inc., Sidney, Nebraska -- no
objection to the proposed acquisition of Lingle
Valley Banc-Shares, Inc., Lingle, Wyoming, and
Lingle State Bank without the filing of a formal
application.
Granted, June 28, 1995.

Dallas

Live Oak Bancshares Corporation of Delaware,
Wilmington, Delaware -- to acquire First National
Bank in George West, George West, Texas.
Approved, June 28, 1995.

Richmond

Mason-Dixon Bancshares, Inc., Westminster, Maryland - to acquire Bank Maryland Corp., Towson, Maryland.
Approved, June 30, 1995.

St. Louis

Mountain Bancshares, Inc., Yellville, Arkansas -- to
retain shares of Financial Institution Services,
Inc., Green Forest, Arkansas, and to continue to
engage in data processing activities.
Approved, June 28, 1995.

Philadelphia

Omega Financial Corporation, State College,
Pennsylvania -- to acquire Montour Bank, Danville,
Pennsylvania.
Approved, June 26, 1995.

Minneapolis

Ramsey Financial Corporation, Devils Lake, North
Dakota -- to acquire deposits and certain assets of
the Rugby, Cavalier, and Bottineau branches of
First Bank, fsb, Fargo, North Dakota.
Withdrawn, June 29, 1995.

H.2
JUNE 26, 1995
PAGE 6

TO

JUNE 30, 1995

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

BANK HOLDING COMPANIES
Dallas

Southern Bancshares, Inc.., Houston, Texas -- to
acquire First State Bank Brazoria, Brazoria, Texas.
Approved, June 30, 1995.

New York

Swiss Bank Corporation, Basle, Switzerland -- to
acquire one share of the common stock of Government
Pricing Information System, Inc., New York, New
York, and engage in data processing services.
Approved, June 30, 1995.

BANK MERGERS
Philade1ph ia

Montour Interim Bank, Danville, Pennsylvania -- to
merge with Montour Bank, and to establish branches.
Approved, June 26, 1995.

Richmond

Princess Anne Bank, Virginia Beach, Virginia -proposal to purchase certain assets and assume
certain liabilities of three branches of CENIT Bank
F.S.B., Norfolk, Virginia, and to operate those
branches as offices of Princess Anne Bank.
Approved, June 29, 1995.

BANKS. STATE MEMBER




Chicago

Central State Bank, Muscatine, Iowa -- payment of a
dividend.
Approved, June 27, 1995.

Chicago

Firstar Bank Illinois, Naperville, Illinois -- to
exercise full trust powers and provide full trust
services.
Approved, June 27, 1995.

Chicago

Independent Bankers1 Bank of Illinois, Springfield,
Illinois -- to engage in trust activities.
Approved, June 27, 1995.

H.2
JUNE 26, 1995
PAGE 7

TO

JUNE 30, 1995

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

CHANGE IN BANK CONTROL
New York

Chemung Financial Corporation, Elmira,
change in bank control.
Permitted, June 30, 1995.

Richmond

United Financial Banking Companies, Inc., Vienna,
Virginia -- change in bank control
Permitted, June 30, 1995.

New

York --

COMPETITIVE FACTORS REPORTS




Atlanta

Citizens National Bank of Bossier City, Bossier City,
Louisiana, proposed merger with CNB National Bank
II -- report on competitive factors.
Submitted, June 28, 1995.

Kansas City

Commerce Bank, El Dorado, Kansas, proposed merger
with Commerce Bank, N.A., Wichita, Kansas -- report
on competitive factors.
Submitted, June 30, 1995.

Minneapolis

Farmers and Merchants Bank, Beach, North Dakota -proposed acquisition of certain assets and
assumption of certain liabilities of the Beach,
North Dakota, branch of First Bank, fsb, Fargo,
North Dakota -- report on competitive factors.
Submitted, June 26, 1995.

San Francisco

First International Bank & Trust, Scottsdale,
Arizona, proposed purchase of certain assets and
assumption of certain liabilities of the Scottsdale
and Mesa, Arizona, branches of First Bank, Federal
Savings Bank, Fargo, North Dakota -- report on
competitive factors.
Submitted, June 26, 1995.

Atlanta

First National Bank of Alma, Alma, Georgia, proposed
purchase of certain assets and assumption of
liabilities of the Alma, Georgia, branch of First
Georgia Bank, F.S.B., Brunswick, Georgia -- report
on competitive factors.
Submitted, June 28, 1995.

H.2
JUNE 26, 1995
PAGE 8

TO

JUNE 30, 1995

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

COMPETITIVE FACTORS REPORTS




Atlanta

First National Bank of Lake Charles,, Lake Charles,
Louisiana, proposed acquisition of the assets and
assumption of the liabilities of Lakeside National
Bank of Lake Charles -- report on competitive
factors.
Submitted, June 26, 1995.

Dallas

FNB Interim Bank, Houston, Texas, proposed merger
with First National Bank of Dayton, Dayton, Texas
- report on competitive factors.
Submitted, June 28, 1995.

Philadelphia

Harris Savings Bank, Harrisburg, Pennsylvania,
proposed acquisition of certain assets and
assumption of certain liabilities of two
Hagerstown, Maryland, branches of Columbia First
Bank, FSB, Arlington, Virginia -- report on
competitive factors.
Submitted, June 30, 1995.

Minneapolis

Interim National Bank of Clear Lake, Clear Lake,
South Dakota, proposed merger with Deuel County
National Bank -- report on competitive factors.
Submitted, June 28, 1995.

San Francisco

Investors Finance, Inc., Honolulu, Hawaii, proposed
merger with Realty Finance, Inc., Hilo, Hawaii -report on competitive factors.
Submitted, June 28, 1995.

Philadelphia

Jefferson Bank, Haverford, Pennsylvania, proposed
merger with Constitution Bank, Philadelphia,
Pennsylvania -- report on competitive factors.
Submitted, June 30, 1995.

New York

Key Bank USA National Association, Albany, New York,
New York, proposed merger with Key Bank USA
National Association -- report on competitive
factors.
Submitted, June 27, 1995.

H.2
JUNE 26, 1995
PAGE 9

TO

JUNE 30, 1995

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

COMPETITIVE FACTORS REPORTS




Dallas

Kingwood Bank, National Association, Kingwood, Texas,
proposed merger with Pinemont Bank, Houston,
Texas -- report on competitive factors.
Submitted, June 29, 1995.

Dallas

Kingwood Bank, Kingwood, Texas, proposed merger with
Pinemont Bank (Interim), Houston, Texas -- report
on competitive factors.
Submitted, June 29, 1995.

Chicago

LaSalle Bank Lake View, Chicago, Illinois, proposed
merger with LaSalle Bank Northbrook, Northbrook,
Illinois -- report on competitive factors.
Submitted*, June 27, 1995.

New York

Middletown Savings Bank, Middletown, New York,
proposed acquisition of certain assets and
assumption of certain liabilities of the Central
Valley branch in Central Valley, New York, of
Citibank, N.A., New York, New York -- report on
competitive factors.
Submitted, June 29, 1995.

Kansas City

Mountain Parks Bank - East, Evergreen, Colorado,
proposed merger with Midway Investment Corporation,
Aurora, Colorado, parent of Peoples Bank and
Trust -- report on competitive factors.
Submitted, June 30, 1995.

Boston

People’s Savings Bank of Brockton, Brockton,
Massachusetts, proposed purchase of certain assets
and assumption of certain liabilities of the 84
Copeland Drive, Mansfield, Massachusetts, branch of
the First National Bank of Boston, Boston,
Massachusetts -- report on competitive factors.
Submitted, June 27, 1995.

H.2
JUNE 26, 1995
PAGE 10

TO

JUNE 30, 1995

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

COMPETITIVE FACTORS REPORTS
Boston

Shawmut Bank Connecticut, N.A., Hartford,
Connecticut, proposed merger with Shawmut Trust
Company of Rhode Island, East Providence, Rhode
Island -- report on competitive factors.
Submitted, June 28, 1995.

Atlanta

TAG Bancshares, Inc., Trenton, Georgia, proposal by
TAG to convert Citizens Bank St Trust, Inc. to a
federal stock savings bank through a merger with
Interim Citizens Bank St Trust ■- report on
competitive factors.
Submitted, June 27, 1995.

EXTENSIONS OF TIME




Kansas City

Community Bancshares, Inc., Employee Stock Ownership
Plan, Neosho, Missouri, and Community Bancshares,
Inc. -- extension to October 4, 1995, to acquire
Community Bank, Fayetteville, Arkansas.
Granted, June 29, 1995.

Kansas City

First Place Financial Corporation, Farmington, New
Mexico -- extension to October 3, 1995, to acquire
Western Bank, Gallup, New Mexico.
Granted, June 28, 1995.

St. Louis

First Tennessee National Corporation, Memphis,
Tennessee -- extension to October 25, 1995, to
acquire Financial Investment Corporation,
Springdale, Arkansas.
Granted, June 27, 1995.

H.2
JUNE 26, 1995
PAGE 11

TO

JUNE 30, 1995

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

EXTENSIONS OF TIME
Richmond

NationsBank Corporation, Charlotte, North Carolina -extension to September 26, 1995, for NationsBancCRT Energy U.K. Ltd., London, England, to engage in
certain futures commission merchant activities.
Granted, June 26, 1995.

New York

North Fork Bancorporation, Inc., Mattituck, New
York -- extension to September 29, 1995, to acquire
Sunrise Bancorp, Inc., Farmingdale, New York, and
Sunrise Federal Savings Bank and Paumanok Service
Corp.
Granted, June 26, 1995.

INTERNATIONAL OPERATIONS
Secretary

Society National Bank, Cleveland, Ohio -- to purchase
and hold shares of Key Trade Services Corporation,
and for Key Trade Services Ltd., Hong Kong, to
engage in issuing letters of credit.
Permitted, June 26, 1995.

Atlanta

Bank South, Atlanta, Georgia -- to become a member of
the Federal Reserve System.
Approved, June 28, 1995.

Chicago

First American Bank of Kankakee, Kankakee, Illinois - to become a member of the Federal Reserve System.
Approved, June 27, 1995.

Richmond

First Bank of Stuart, Stuart, Virginia -- to become a
member of the Federal Reserve System.
Approved, June 28, 1995.

Dallas

First Texas Bank - Texas City, Texas City, Texas -to become a member of the Federal Reserve System.
Approved, June 28, 1995.

Chicago

Hedrick Savings Bank, Hedrick, Iowa -- to become a
member of the Federal Reserve System.
Approved, June 29, 1995.

MEMBERSHIP




H.2
JUNE 26, 1995
PAGE 12

TO

JUNE 30, 1995

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

MEMBERSHIP
Philadelphia

Montour Interim Bank, Danville, Pennsylvania -- to
become a member of the Federal Reserve System.
Approved, June 26, 1995.

Chicago

Pullman Bank and Trust Company, Chicago, Illinois -to become a member of the Federal Reserve System.
Approved, June 30, 1995.

St. Louis

State Bank of Jerseyville, Jerseyville, Illinois -to become a member of the Federal Reserve System.
Approved, June 30, 1995.

St. Louis

Winfield Banking Company, Winfield, Missouri -- to
become a member of the Federal Reserve System.
Returned, June 28, 1995.

RESERVE BANK OPERATIONS
Director, FRBO

Federal Reserve Bank of New York --to acquire
telecommunications cabling system.
Approved, June 26, 1995.

RESERVE BANK SERVICES




Director, FRBO

Federal Reserve Bank of New York -- to increase
return item processing fees, to modify certain
current check service levels, fees and deadlines,
and to implement certain new check products.
Approved, June 26, 1995.

Director, FRBO

Federal Reserve Bank of San Francisco -- to increase
the cash letter fee for High Dollar Group Sort
deposits at the San Francisco and Los Angeles
offices.
Approved, June 26, 1995.

H.2

ADDITIONS AND CORRECTIONS

JUNE 26, 1995
PAGE 13

TO

JUNE 30, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

REGULATIONS AND POLICIES
Regulation Y -- final rule concerning requirements
for ”no control” determination under the Bank
Holding Company Act (Docket R-0872).
Approved, June 23, 1995.

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

COMPETITIVE FACTORS REPORTS




Richmond

CIB Bank, Hillside, Illinois, proposed merger with
DuPage Valley State Bank, Woodbridge, Illinois -report on competitive factors.
Submitted, June 22, 1995.

FED ER A L R ESER V E BANK OF BOSTON A P P L IC A T IO N S

Application

SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Comment Period Ending Date
NONE

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

Comment Period Ending Date

Andover Bancorp, Inc.,
Newspaper
Andover, MA and Andover
Bancorp of New Hampshire,
Inc., Concord, New Hampshire
- 3 (a)(1)/3(a)(3) application
to acquire Andover Bank New
Hampshire, Salem, New
Hampshire, a
novo bank* *

Not Yet Established
Federal Register
Not Yet Established

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

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




"N"

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Institution




Examination Date
NONE

Rating**

Federal Reserve Bank of New York
Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
___________ Notice Only___________
None.

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

SECTION III
Nonbanking Applications
(subject to Federal Register Notice Only)
Commerzbank AG, Frankfurt (Main), Federal Republic of
Germany, to acquire indirectly, through its whollyowned subsidiary, Commerz International Capital
Management GmbH, Frankfurt, Germany, at least
60 percent, and up to 100 percent, of Martingale Asset
Management, L .P . Boston, Massachusetts, thereby
,
to engage in providing investment advice and
effecting private placements.

SECTION IV
Applications Not Involving
______ Public Comment______
None.




N/A

SECTION V
Availability of CRA Public Evaluations
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following group:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record
of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources an
capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record
of ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate- income neighbor­
hoods, in a manner consistent with its resources and capabilities.

Week Ending July 1, 1995
NAME OF BANK

RATING

EXAMINATION DATE

None.

H | (N| m |

/
/
/

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 Availables




F E D E R A L R E S E R V E B A N K OF P H I L A D E L P H I A

Section I - APPLICATIONS RECEIVED AND SUBJECT TO NEWSPAPER NOTICE ONLY
Republic Bank. Philadelphia, Pennsylvania, to establish a branch office at 233 Lancaster
Avenue, Ardmore, Pennsylvania, pursuant to Section 9 of the Federal Reserve Act.
Newspaper comment period expires:

07/21/9S

Orrstown Bank. Orrstown, PA, requests approval to acquire certain assets and assume the
deposit liabilities of one branch office of Dauphin Deposit Bank and Trust Company,
Harrisburg, PA, pursuant to Section 18(c) of the FDI Act.
(The branch is located at
16400 Path Valley Road, Spring Run, PA).
Newspaper comment period expires:

07/21/95

SECTION II - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER
NOTICE
NONE
SECTION III - APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL REGISTER NOTICE ONLY
NONE
SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL REGISTER NOTICE OR
NEWSPAPER NOTICE




NONE

FEDERAL RESERVE BANK OF PHILADELPHIA

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following institutions were examined for CRA. The 30-business day period the
bank has to make the evaluation public has lapsed during the week ending June 30,
1995.

Identification of Ratings
In, connection with the assessment of each insured depository institution's
CRA performance, a rating is assigned from the following groups?

Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and 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 pf
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

CRA Rating

None

None

None




F ed era l R eserv e B a n k
of

Cleveland

P. 0 . BOX 6387
CLEVELAND, OHIO 44101-1387

APPLICATIONS BULLETIN
(For the week ending July 1,1995)

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Received Section 18(c) application from Fifth Third Bank,
Cincinnati, Ohio, on June 12,1995, to acquire 12 Dayton,
Ohio, area branches of PNC Bank, Ohio, N.A., Cicninnati,
Ohio, and, incident thereto, establish branch facilities pursuant
to Section 9 of the Federal Reserve Act.

* Not Yet Known #

Received prior notification from PremierBank & Trust,
Elyria, Ohio, on June 28,1995, of its intent to establish
branch faciltities at 4700 Great Northern Boulevard, North
Olmsted, Ohio, and 200 Public Square, Cleveland, Ohio.

* July 20,1995

Received prior notification from Integra Bank/Pittsburgh,
Pittsburgh, Pennsylvania, on June 29,1995, of its intent
to establish a branch faciltity at USX Tower, 600 Grant
Street, Pittsburgh, Pennsylvania.

* July 15,1995

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

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




AVAILABILITY OF CRA PUBLIC EVALUATIONS
(June 30,1995)

The following state member banks have been examined by the Federal Reserve Bank of
Cleveland for compliance with The Community Reinvestment Act. A public evaluation document
became available from the bank(s) listed below during the week ended June 30,1995. If you are
interested in obtaining a copy of an evaluation document, please contact the bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING: a bank in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
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 low- and
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 lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
SUBSTANTIAL NON COMPLIANCE: a bank in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.

NONE




Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

Triangle Bank, Raleigh, North Carolina,
to merge with The Village Bank, Chapel
Hill, North Carolina.*

7-14-95

First Commercial Bank, Arlington, Virginia,
to merge with Bank First, N.A., McLean,
Virginia.*

7-31-95

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

Comment Period Ending Date

United Bankshares, Inc., Charleston,
West Virginia, to acquire First
Commercial Bank, Arlington, Virginia.*

7-31-95

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

Citizens Bancshares Corporation, Olanta,
South Carolina, to engage de novo in
operating as a consumer finance company
and making consumer loans, and to act
as agent in the sale of credit insurance
directly related to an extension of credit
and limited to ensuring the repayment of
the outstanding balance, through its sub­
sidiary, E Z Loan Company, Inc., Lake City,
South Carolina.

7-19-95**

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

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




Federal Reserve Bank of Richmond
Availability of CRA Public Evaluations
Week ending June 30, 1995

Definition of Ratings
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.

Examination
Date____

The Chase Manhattan Bank of Maryland
10 East Baltimore Street
Baltimore, Maryland 21202

Rating

2-6-95

Satisfactory

First Virginia Bank - Colonial
700 East Main Street
Richmond, Virginia 23219

2-13-95

Satisfactory

First Virginia Bank-Piedmont
7901 Timberlake Road
Lynchburg, Virginia 24502

3-20-95

Satisfactory




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending June 30. 1995

Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Community Bank of the Islands
Sanibel, Florida
To merge with Interim Bank of
chartered interim bank.

07-24-95*
the Islands,

an uninsured state-

Great Southern Bancorp
Not yet available*
West Palm Beach, Florida
1-BHC formation notice, Great Southern Bank, Lantana, Florida.
SouthTrust Bank of West Florida
07-28-95*
St. Petersburg, Florida
To establish a branch located at 1530 Pinehurst Drive, Spring Hill,
Florida.
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
ABBlifi
fatj-Qn

Comment Period Ending Date

Barnett Banks, Inc.
08-04-95*
Jacksonville, Florida
Federal Register
To acquire Community Bank of the Islands, Sanibel, Florida,
pursuant to Section 3 ( a ) (3) of the Bank Holding Company Act.
First Commerce Corporation
Not yet available*
New Orleans, Louisiana
To merge with Central Corporation, Monroe, Louisiana, and thereby
directly acquire its subsidiary, Central Bank, Monroe, Louisiana,
pursuant to Section 3( a ) (5) of the Bank Holding Company Act.
Section 3 - Applications Subject to Federal Register Only
AppliCfrtiPh

Comment Period Ending Date

SunTrust Banks, Inc.
07-21-95
Atlanta, Georgia
To engage de novo in leasing personal or real property or acting as
leasing agent, broker, or adviser, pursuant to Section 4(c)(8) of
the Bank Holding Company Act and Section 225.25(b)(5)(i) and (ii)
of Regulation Y.

♦Subject to provisions of the Community Reinvestment Act.



Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending June 30. 1995
Section 3 - Applications Subject to Federal Register Only
Application

Comment Period Ending Date

BancTenn Corp.
Not yet available
Kingsport, Tennessee
To acquire Tennessee General Corporation, Johnson City, Tennessee,
and thereby engage in data processing activities, pursuant to
Section 4(c)(8) of the Bank Holding Company Act and Section
225.25(b)(7) of Regulation Y.

Section 4 - Applications Not Subject to
Federal BsaiateE. Motive a r Newspap er Notice
,
Application
Community Bank of the Islands
Sanibel, Florida
To become a member of the Federal
Section 9 of the
Federal Reserve
Regulation H.
Interim Bank of the Islands
Sanibel, Florida
To become a member of the Federal
Section 9 of the
Federal Reserve
Regulation H.
Premier Bancorp,
B a t o n Rouge,

Reserve System, pursuant to
Act and Section 208.4 of

Reserve System, pursuant to
Act and Section 208.4 of

Inc.
Louisiana

Request for waiver of the application requirement of Section
3(a) (5) of the Bank Holding Company Act to merge with HNB
Corporation, Homer, Louisiana, and thereby directly acquire its
subsidiary bank, Homer National Bank, Homer, Louisiana.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending June 30. 1995

S e c t i o n 10 - A v a i l a b i l i t y of C R A Public E v a l u a t i o n s

The C R A p u b l i c e v a l u a t i o n s of the i n s u r e d d e p o s i t o r y i n s t i t u t i o n s
listed b e l o w b e c a m e available duri n g this week.
I n f o r m a t i o n about
an i n s t i t u t i o n ' s C R A e v a l u a t i o n m a y b e o b t a i n e d d i r e c t l y f r o m the
institution.
In co n n e c t i o n w i t h the a s s e ssment of an institution's
C R A p e r formance, a r a t i n g is a s s i g n e d from the f o l l o w i n g groups:

Outstanding

record of meeting community credit needs:
An
i n s t i t u t i o n has an o u t s t a n d i n g r e c o r d of, a n d is a l e a d e r in,
a s c e r t a i n i n g a n d h e l p i n g to m e e t the c r edit needs of its e n t i r e
delineated
community,
including
lowand
moderate-income
neig h b o r h o o d s ,
in a m a n n e r c o n s i s t e n t w i t h its r e s o u r c e s a n d
capabilities.
Satisfactory

record of meeting community credit needs:
An
i n s t i t u t i o n has a s a t i s f a c t o r y r e c o r d of a s c e r t a i n i n g a n d h e l p i n g
to m e e t the c r e d i t nee d s of its enti r e d e l i n e a t e d community,
i n c l u d i n g low- a n d m o d e r a t e - i n c o m e n eighborhoods,
in a m a n n e r
c o n s i s t e n t w i t h its r e s o u r c e s a n d capabilities.
Needs to improve record of meeting community credit needs:

An
inst i t u t i o n needs to improve its overall r e c o r d of a s c e r t a i n i n g an d
helping
to m e e t
the
credit
needs
of
its
entire
delineated
community, i n c l u d i n g low- a n d m o d e r a t e - i n c o m e n e i g h b orhoods, in a
m a n n e r c o n s i s t e n t w i t h its r e s o urces a n d capabilities.

Substantial noncompliance in meeting community credit needs:

An
i n s t i t u t i o n has a s u b s t a n t i a l l y d e f i c i e n t r e c o r d of a s c e r t a i n i n g
a n d h e l p i n g to m e e t the c r edit needs of its e n t i r e d e l i n e a t e d
community, i n c l u d i n g low- a n d m o d e r a t e - i n c o m e neigh b o r h o o d s , in a
m a n n e r c o n s i s t e n t w i t h its r e s o urces a n d capabilities.
Examination
Bank
None.




Rating

Date

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending June 30, 1995

Recently Approved Applications

Approval Date

First Bankshares, Inc.
06-27-95
Longwood, Florida
1-BHC formation, First National Bank of Central Florida, Longwood,
Florida.
Bank South
06-28-95
Atlanta, Georgia
To become a member of the Federal Reserve System, pursuant to
Section 9 of the Federal Reserve Act and Section 208.4 of
Regulation H.
Eastside Holding Corporation
06-27-95
Snellville, Georgia
1-BHC formation, The Eastside Bank & Trust Company,
Georgia.




Snellville,

Federal Reserve Bank of Chicago
S e c t i o n I - A p p l i c a t i o n s S u b j e c t to N e w s p a p e r
Notice Only

Comment Period
E n d i n g Date

Type

Application

Branch

B a n k of L a k e v i e w
Lakeview, M i c h i g a n
10049 B u c h a n a n R o a d
Stanwood, M i c h i g a n

NP

- 6-30-95

Merger/Branch

M&I M a r s h a l l & I l s l e y B a n k
Milwaukee, W i s c o n s i n
M&I S o u t h Shore B a n k
S o u t h Milwaukee, W i s c o n s i n
5656 S o u t h P a c k a r d A v e n u e
Cudahy, W i s c o n s i n
1001 M a r q u e t t e A v e n u e
S o u t h Milwaukee, W i s c o n s i n

NP

- 7-1-95

Membership

L i b e r t y v i l l e B a n k & Trust C o m p a n y
Libertyville, Illinois (in organization)
To b e c o m e a m e m b e r of the F ederal R e s e r v e
System

N

Branch

N o r t h Shore C o m m u n i t y B a n k & Tru s t C o m p a n y
Wilmette, Illinois
722 12th Street
Wilmette, Illinois

NP

- 7-10-95

Branch

C o m m u n i t y State B a n k
Avilla, Indiana
115 E. M a i n Street
Albion, Indiana

NP

- 7-22-95

Branch

B a n k of Le n a w e e
Adrian, M i c h i g a n
to e s t a b l i s h a mobi l e b r a n c h

NP

- **

EFT

H a r r i s Trust and S a vings B a n k
NP
Chicago, Illinois
2 E F T ’ at L o y o l a U n i v e r s i t y B u s i n e s s School
s
25 East Pe a r s o n Street
Chicago, Illinois

- **

Membership

S e c u r i t y S a vings Ban k
Eagle Grove, Iowa
to b e c o m e a m e m b e r of the Federal R e s e r v e
System




NP

- **

- 7-21-95

Federal Reserve Bank of Chicago
S e c t i o n I - A p p l i c a t i o n s S u b j e c t to N e w s p a p e r
Notice Only
Continued

Comment Period
Ending Date

Type

Application

Branch

First St a t e B a n k of M a p l e P ark
M a p l e Park, I l l inois
S o u t h e a s t c o r n e r of R o u t e 47 a n d
P r a i r i e V a l l e y Street
Elburn, I l l inois

NP

- **

Branch

B a n k of Pont i a c
Pontiac, Illin o i s
1703 W e s t R e y n o l d s Street
Pontiac, Illinois

NP

- 7-19-95

Reg K

C a i s s e N a t i o n a l e De Credit A g r i c o l e
Paris, France
to e s t a b l i s h a R e p r e s e n t a t i v e O f f i c e
in H o u s t o n T e x a s

NP

- 6-26-95

Y-l N o t i c e

C.B. B a n k Shares, Inc.
FR - 7-17-95
Russiaville, In d i a n a
NP - 6-23-95
Central Bank
Russiaville, Indiana* (formerly C e n t r a l N a t i o n a l
B a n k of H o w a r d County)

Branch

Liberty Bank
Milwaukee, W i s c o n s i n
312 East S i l v e r S p r i n g Drive
W h i t e f i s h Bay, W i s c o n s i n




N P - 7-21-95

Federal Reserve Bank of Chicago
S e c t i o n II

- A p p l i c a t i o n s S u b j e c t to B o t h N e w s p a p e r
Register Notice

Federal

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

Type

Application

Y-2

A s s o c i a t e d Banc-Corp.
G r e e n Bay, W i s c o n s i n
GN Bancorp, I n c .
Chicago, Illin o i s
G l a d s t o n e - N o r w o o d Tru s t a n d S a v i n g s B a n k
Chicago, Illinois*

F R - 6-29-95
N P - 6-21-95

Y-2

A s s o c i a t e d I llinois Banc-Corp.
G r e e n Bay, W i s c o n s i n
GN Bancorp, I n c .
Chicago, Illinois
G l a d s t o n e - N o r w o o d Trust a n d S a v i n g s B a n k
Chicago, Illinois*

FR - 6-29-95
N P - 6-21-95

Y-l

L i b e r t y v i l l e Bancorp, Inc.
L a k e Forest, Illinois
L i b e r t y v i l l e B a n k & Tru s t C o m p a n y
Libertyville, Illinois* (in organization)

FR - 7-21-95
N P - **

Y-l

A. E. Bancorp, Inc.
B u f f a l o Grove, Illinois
American Enterprise Bank
B u f f a l o Grove, Illinois*

FR - 7-21-95
NP - 7-16-95
(in organization)

Y-l

C a p i t o l Bankshares, Inc.
Madison, W i s c o n s i n
Capitol Bank
Madison, W i s c o n s i n * (in organization)

FR - 7-6-95
N P - 7-6-95

Y-2

Lincoln Bancorp
Reinbeck, Iowa
Garwin Bancorporation
Garwin, Iowa
Farmers Savings Bank
Garwin, Iowa*

FR - 7-10-95
NP - **

CoC-HC

First C o m m u n i t y Bancshares,
Milton, W i s c o n s i n
John C . Bradshaw

Y-2

Shorebank Corporation
Chicago, Illinois
U.S. B a n k of S o u t h w e s t W a s h i n g t o n
Vancouver, W a s h i n g t o n *




Corp.

FR - 7-17-95
N P - **

FR - **
NP - **

Federal Reserve Bank of Chicago
S e c t i o n II - A p p l i c a t i o n s S u bject to B o t h N e w s p a p e r a n d Federal
Register Notice

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

Type

Application

Y-2

C o l f a x Bancshares, Inc.
Victor, Iowa
Maxwell Bancorporation
Maxwell, Iowa
M a x w e l l Sta t e B a n k
Maxwell, Iowa*

FR _ **
N P - **

Y-l

Barlow Banking Corporation
Iowa Falls, Iowa
Iowa Falls State B a n k
Iowa Falls, Iowa*

FR - **
NP - **




Federal Reserve Bank of Chicago
S e c t i o n III

- A p p l i c a t i o n s S u bject to Fe d e r a l R e g i s t e r
Notice Only

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

Type

Application

4(c) (8)

St. F r a n c i s Ca p i t a l C o r p o r a t i o n
FR - **
Milwaukee, W i s c o n s i n
to e n g a g e in the sale of a n n u i t i e s t h r o u g h
its subsidiary, St. Fr a n c i s Ins u r a n c e
S e r v i c e s Corp., Milwaukee, W i s c o n s i n

4 (c) (8)

Lincoln Bancorp
Reinbeck, Iowa
G a r w i n Ins u r a n c e
Garwin, Iowa

FR - 7-10-95

4(c) (8)

Marshall & Ilsley Corporation
Milwaukee, W i s c o n s i n
M u t u a l Services, Inc.
Braintree, M a s s a c h u s e t t s

FR - 7-3-95

4 (c) (8)

A s s o c i a t e d Banc-Corp.
G r e e n Bay, W i s c o n s i n
Great N o r t h e r n M o r t g a g e
R o l l i n g Meadows, Illinois

FR - 6-30-95
NP - 6-25-95

4(c) (8)

C a i s s e N a t i o n a l e de Credit A g r i c o l e
FR - 7-6-95
Paris, France
to b e c o m e a m e m b e r firm a n d a c l e a r i n g m e m b e r
of Coffee, S u g a r & Cocoa Exchange, Inc.
N e w York, N e w York, t h r o u g h its
subsidiary, C r edit A g r i c o l e Futures, Inc.

4(c) (8)

GNB Bancorporation
G r u n d y Center, Iowa
GNB Finan c i a l Co.
G r u n d y Center, Iowa

4(c) (8)

First B u s i n e s s Bancshares, Inc.
FR - 7-10-95
Madison, W i s c o n s i n
To e n gage in co m m e r c i a l finan c i a l l e n d i n g
and l e a s i n g a c t i v i t i e s t h r o u g h its subsidiary,
First M a d i s o n Capital Corp., Madison, W i s c o n s i n

4(C) (8)

Carroll C o u n t y Bancshares, Inc.
Carroll, Iowa
to o w n and op e r a t e a f i nance c o m p a n y
t h r o u g h its subsidiary, C a rroll Credit,
Carroll, Iowa




FR - 7-10-95

FR - 7-12-95

Inc.

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

Comment Period
Ending Date

T-VPe

Application

4(c) (8)

Wisconsin Bank Services, Inc.
Black River Falls, Wisconsin
to engage in making and servicing loans

4(c) (8)

Midstates Bancshares, Inc.
FR - **
Missouri Valley, Iowa
to engage in investment advisory services thru
Midstates Financial Services, Inc.
Harlan, Iowa




FR - 7-14-95

Federal Reserve Bank of Chicago
S e c t i o n IV - A p p l i c a t i o n s Not S ubject to Fe d e r a l R e g i s t e r or N e w s p a p e r
Notice

Application

Type

-None-

N
FR
*
**

-

Newspaper
Fe d e r a l R e g i s t e r
S u b j e c t to P r o v i s i o n s of C o m m u n i t y R e i n v e s t m e n t Act
Not a v a i l a b l e at this time




A V A I L A B I L I T Y OF C R A P U B L I C E V A L U A T I O N S
The f o l l o w i n g state m e m b e r b a n k s h a v e b e e n e x a m i n e d b y the Fe d e r a l Rese r v e
Bank of Chicago for compliance w i t h the CRA.
The 3 0 - d a y b u s i n e s s d a y p e r i o d
the bank has to make the e v a l u a t i o n p u b l i c has l a p s e d d u r i n g the w e e k en d i n g
June 30, 1995.
If y o u are i n t e r e s t e d in o b t a i n i n g a c o p y of the e v a l u a t i o n
document, p l e a s e co n t a c t the bank(s) directly.
I d e n t i f i c a t i o n of R a t i n g s
O-An institution in this group has an o u t s t a n d i n g r e c o r d of, a n d is a leader
in,
a s c e r t a i n i n g a n d h e l p i n g to m e e t the c r edit n e e d s of its entire
delineated community, including low- a n d m o d e r a t e - i n c o m e neighborhoods, in a
m a n n e r c o n s i s t e n t w i t h its r e s o u r c e s and capabilities.
S-An institution in this group has a s a t i s f a c t o r y r e c o r d of a s c e r t a i n i n g and
h e l p i n g to m e e t the cred i t nee d s of its e n t i r e d e l i n e a t e d community,
including low- and moderate-income neighborhoods, in a manner co n s i s t e n t w i t h
its r e s o u r c e s and capabilities.
N I - A n i n s t i t u t i o n in this g r o u p pee d s to i mprove its o v e r a l l r e c o r d of
a s c e r t a i n i n g a n d h e l p i n g to m e e t the c r edit nee d s of its enti r e d e l i n e a t e d
community, i n c l u d i n g low- a n d m o d e r a t e - i n c o m e n e i g h b orhoods, in a m a n n e r
c o n s i s t e n t w i t h its r e s o u r c e s and capabilities.
S N - A n i n s t i t u t i o n in this g r o u p has a s u b s t a n t i a l l y d e f i c i e n t r e c o r d of
a s c e r t a i n i n g and h e l p i n g to m e e t the cred i t nee d s of its entire d e l i n e a t e d
community, i n c l u d i n g low- a n d m o d e r a t e - i n c o m e n eighborhoods, in a m a n n e r
co n s i s t e n t w i t h its r e s o u r c e s and capabilities.
BANK NAME/LOCATION
-Calumet C o u n t y B a n k
103 N o r t h M a i n
P.O. B o x 39
Brillion, W i s c o n s i n
(414) 756-2181

EXAMINATION DATE

54110

-Central State B a n k
301 Iowa A v e n u e
P.O. B O X 146
Muscatine, Iowa
52761
(319) 2 63-3131




RATINGS

4/03/95

S

3/20/95

S

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING JUNE 30. 1995

Application

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

None.

Application

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

^Section 3(a)(5) application by First Commercial
Corporation, Little Rock, Arkansas, to acquire
FDH Bancshares, Inc., Little Rock, Arkansas.

Newspaper:

7/29/95

*Section 3(a)(3) application by First Commercial
Corporation. Little Rock. Arkansas, to acquire
West-Ark Bancshares, Inc., Clarksville, Arkansas.

Newspaper:

7/29/95

Change in control notification involving
Lauderdale County Bancshares, Inc., Halls,
Tennessee, by Rebecca C. McWilliams.

Not Yet Available

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

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

*This application is subject to CRA.




FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f m eeting community credit needs
An 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 lo w - and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record o f meeting community credit needs
An institution in this group has a satisfactory record o f ascertaining and helping to 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

June 30, 1995

Bank Address

Examination
Date

Examination
Rating

Bank of Cairo and Moberly

P.O. Box 547
Moberly, MO

03-30-95

Satisfactory

Bank of Louisiana

P.O. Box 487
Louisiana, MO

11-28-94

Satisfactory




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

Application
NONE.
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period
Ending Date

Watford City Bancshares, Inc.,
Watford City, ND, to acquire 100%
of the voting shares of the First
International Bank & Trust,
Scottsdale, AZ*

July 17, 1995
(Federal Register)

Norwest Corporation, Minneapolis, MN,
to acquire 100% of the voting shares of
The First National Bank in Big Spring,
Big Spring, TX*

July 27, 1995
(Federal Register)

Merlyn and Sherran Sommervold, to increase
their ownership in First State Banking
Corporation, Alcester, SD, from 19.3%
to 37.8%*

July 19, 1995
(Federal Register)

Dakota Heritage Banking Corporation,
Chancellor, SD, to acquire 96.67% of
Dakota Heritage State Bank, Chancellor, SD*

July 28, 1995
(Federal Register)

Norwest Corporation, Minneapolis, MN, to
acquire 100% of the voting shares of State
National Bank, El Paso, TX*

Not yet available

Kandiyohi Bancshares, Inc., Kandiyohi, MN,
to acquire 100% of Cosmos Bancorporation,
Inc., Cosmos, MN*

Not yet available

Ramsey Financial Corporation,
Devils Lake, ND, to indirectly
acquire certain assets and assume
certain deposit of the Rugby, Cavalier,
and Bottineau, ND offices of First Bank,
fsb, Fargo, ND, through its subsidiary
Hertiage Federal Savings Bank, fsb,
Cando, ND

July 17, 1995
(Withdrawn)

*Subiect to CRA




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

Application
First State Banking Corporation,
Alcester, SD, to engage in providing data
processing services for other financial
institutions

July 19, 1995

First National Corporation North Dakota,
Grand Forks, ND, to engage de novo in
lending activities

July 19, 1995

First National Corporation North Dakota,
Grand Forks, ND , to engage de novo through
its subsidiary, Dakota First Insurance
Company, in underwriting and reinsuring credit
life insurance on loans issued by its subsidiary
bank

July 19, 1995

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notic
Application
First State Banking Corporation,
Alcester, SD, to redeem 4,985 shares
(37.79%) of its stock




July 19, 1995
(Federal Register)

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending June 30, 1995
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository institution's CRA
performance, a rating is assigned from the following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of, and is a
leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low-and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.

BANK(S) EXAMINED

DATE OF EXAMINATION

CRA RATING

The State Bank of Ewen
Cedar Street
P.O. Box 290
Ewen, MI 49925
(906) 988-2821

March 28, 1995

Satisfactory




Federal Reserve Bank o f Kansas City

SE C T IO N I - A PPLIC A TIO N S SUBJECT TO N EW SPA PER N O T IC E O N LY
APPLICATION
Prem ier Bank, Lenexa, Kansas, for prior approval to
invest an additional $50,000 in bank premises.

COMMENT PERIOD ENDING DATE
Not Available

SE C T IO N II - APPLICATIONS SU BJECT T O B O T H
N EW SPA PER AND FEDERAL R E G IS T E R N O T IC E
APPLICATION

COMMENT PERIOD ENDING DATE

Clear Creek Bank C orp., Idaho Springs, Colorado,
for prior approval to organize a bank in Anguilla,
British W est Indies. The name of the bank will be
Dahtbank International Ltd.

Not Available

FirstBank Holding Company of Colorado Employee
Stock Ownership Plan and its subsidiary FirstBank
Holding Company of Colorado, both of Lakewood,
Colorado, for prior approval to acquire 100 percent
of the voting shares of FirstBank of Colorado
Springs, Colorado Springs, Colorado, a de novo
bank.*

August 4, 1995

SE C T IO N III - A PPLIC A TIO N S SUBJECT TO FED ER A L R E G IS T E R N O T IC E
ONLY
APPLICATION
M ountain Parks Financial C orp., Denver, Colorado,
for prior approval to engage de novo through its
subsidiary, Mountain Parks Mortgage Co., Denver,
Colorado, in the business of making, acquiring and
servicing residential mortgages as an approved HUD
mortgagee.




COMMENT PERIOD ENDING DATE
July 21, 1995

Federal Reserve Bank o f Kansas City

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 o f each insured depository institution’s CRA perform ance, 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 m eet
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 maimer 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 moderateincome neighborhoods, in a manner consistent with its resources and capabilities.

Bank/Location
None.
♦Application is subject to CRA.




Exam Date

CRA Public
Date

CRA
Rating

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF JUNE 26, 1995

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

None.

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

** NOTICE EXP

Change in Control Notice by
Ronald Franklin Yates, Sr., Marble Falls, Tx, to
acquire an interest in Marble Falls National Bancshares,
Inc., Marble Falls, TX
Change in Control Notice by
Grover Lynn Shade, Muldoon, TX, and
Nelda Sue Shade, Muldoon, TX, to acquire an interest
in Lost Pines Bancshares, Inc., Smithville, TX
(resubmission)

!

N/A

95/06/27

♦Section 3(a)(3) application by
Central Corporation, Monroe, LA, to acquire
First United Bank of Farmerville, Farmerville, LA

N/A

♦Section 3(a)(1) application by
Citizens National Bancshares of Bossier, Inc.,
Bossier City, LA, to acquire Citizens National Bank of
Bossier City, Bossier City, LA

N/A

♦Section 3(a)(1) application by
Coupland Bancshares, Inc., Coupland, TX, to acquire
Coupland Bancshares-Nevada, Inc., Carson City, Nevada,
and The Coupland State Bank of Coupland, Coupland, TX

95/07/15

♦Section 3(a)(1) application by
Coupland Bancshares-Nevada, Inc., Carson City, Nevada,
to acquire The Coupland State Bank of Coupland, Coupland, TX

95/07/15

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION
None.




NOTICE EXP

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 JUNE 26. 1995

Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a
leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to Improve record of meeting community credit needs.
An institution in this group need to improve its overall record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Substantial Noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.

Bank

Date of
Examination

Texas City Bank
701 6th Street
P.0. Box 2070
Texas City, TX 77592

95/02/27




CRA Ratinq

Satisfactory

FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 6/30/95
Section I - Applications Subject to Newspaper Notice Only

AppIication

Comment Period Ending Date

None

Section II - Applications Sub.iect to Both
Newspaper and Federal Register Notice
Wells Fargo & Company, San Francisco, California,
to acquire Wells Fargo HSBC Trade Bank, N.A., San
Francisco, California, in connection with a joint
venture transaction with HSBC Holdings, PLC, London,
England, and certain of its affiliates, including
Marine Midland Banks, Inc., Buffalo, New York. *

Newspaper:

7/24/95

Fed. Reg.:

7/25/95

Robert G. Sarver, Scottdale, Arizona, et al, to
acquire Bancomer Holding Company, Los Angeles,
California, which owns Grossmont Bank, Los Angeles,
California. *

Newspaper:

Not available

Fed. Req.:

Not avail able

Section III -Applications Sub.iect to Federal Register Only
Bancorp Hawaii, Inc., Honolulu, Hawaii, to engage
de novo in making equity and debt investments to
promote community welfare through its subsidiary,
First Federal Savings and Loan Association of
America, Honolulu, Hawaii.

Fed. Reg.:

Not available

First Hawaiian, Inc., Honolulu, Hawaii, to engage
de novo in making community welfare investments
through Pioneer Federal Savings Bank and First
Hawaiian Credit Corp., Inc., both of Honolulu,
Hawaii.

Fed. Reg,:

Not available

Section IV - Applications Not Sub.iect to Federal Register Notice
or Newspaper Notice
None

* Subject to CRA.



FEDERAL RESERVE BANK OF SAN FRANCISCO ( c o n t ' d . )

Week ending 6/30/95
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during the week
ending June 30, 1995.
Information about a particular institution’s CRA evaluation
may be obtained directly from the institution.
Institution

Location

Bank of Utah

2605 Washington Blvd.
Ogden, UT 84401-3613
(801) 625-3500

Examination Date
3/06/95

*Under the rating system an institution’s CRA performance
following
four ratings:

Rating*
Satisfactory

is assigned one of the

Outstanding record of meeting community credit needs:
An institution has an
outstanding record of, and is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community,
including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs:
An institution has a
satisfactory record of ascertaining and meeting the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs:
An institution needs to
improve its overall record of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- to moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs:
An institution has a
substantially deficient record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- to moderate-income neighborhoods, in
a manner consistent with its resources and capabilities.




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