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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H. 2, 1993, No. 28 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending July 10, 1993 ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK HOLDING COMPANIES R. Banking Limited Partnership, Oklahoma City, Oklahoma --to acquire BancFirst Corporation, and nine other bank holding companies and their respective subsidiaries; and engage in credit related insurance activities. Approved, July 8, 1993. State Financial Services Corporation, Hales Corner, Wisconsin -- to acquire the Waukesha, Wisconsin, branch of North Shore Bank, FSB, Brookfield, Wisconsin. Approved, July 8, 1.993. RESERVE BANK OPERATIONS Budget guidelines for 1994. Approved, July 8, 1993. RESERVE BANK SERVICES Telecommunications Service Priority -- criteria to sponsor circuits used to support large-value payment systems for TSP assignments. Approved, July 8, 1993. ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve Bank Operations; IF - International Finance; OSDM - Office of Staff Director for Management BANK BRANCHES. DOMESTIC Atlanta Central Bank of the South, Birmingham, Alabama --to establish a branch at 2290 Hillcrest Road, Mobile, Alabama. Approved, July 9, 1993. Richmond Centura Bank, Rocky Mount, North Carolina --to establish a branch at 3001 Kathleen Avenue, Greensboro, North Carolina. Approved, July 9, 1993. H .2 JULY 6, 1993 PAGE 2 TO JULY 10, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK BRANCHES. DOMESTIC New York Chemical Bank, New York, New York --to establish offsite electronic facilities at Time Inc., 1271 Avenue of the Americas; the Hilton Hotel, 598 Broadhollow Road, Melville; and the Queens Center Mall, 90-15 Queens Boulevard, Elmhurst, New York Approved, July 8, 1993. Richmond First Virginia Bank-Maryland, Upper Marlboro, Maryland --to establish a branch at 265 Kentland Boulevard, Gaithersburg, Maryland. Approved, July 9, 1993. BANK HOLDING COMPANIES Kansas City American Bancorp of Oklahoma, Inc., Edmond, Oklahoma --to acquire shares of Texas Guaranty National Bank, Houston, Texas. Approved, July 6, 1993. St. Louis Central Arkansas Bancshares, Inc., Arkadelphia, Arkansas --to engage de novo in full-service securities brokerage through First Banc Securities, Inc., Hot Springs, Arkansas. Permitted, July 10, 1993. Richmond Centura Banks, Inc., Rocky Mount, North Carolina -to acquire First Savings Bank of Forest City, SSB, Forest City, North Carolina. Approved, July 7, 1993. Richmond Centura Banks, Inc., Rocky Mount, North Carolina -proposal that Centura Bank merge with First Savings Bank of Forest City, SSB, Forest City, North Carolina. Approved, July 7, 1993. Richmond Centura Banks, Inc., Rocky Mount, North Carolina -to acquire CFS Venture Corporation, and engage in a joint venture to provide data processing services to trust departments. Approved, July 8, 1993. H.2 JULY 6, 1993 PAGE 3 TO JULY 10, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES San Francisco Columbia Banking System, Inc., Bellevue, Washington - to acquire Columbia National Bankshares, Inc., Longview, Washington, and Columbia National Bank. Approved, July 6, 1993. San Francisco Columbia Banking System, Inc., Bellevue, Washington - to retain Columbia Savings Bank, F.S.B. Approved, July 6, 1993. Dallas First Baird Bancshares of Delaware, Inc., Dover, Delaware -- to acquire First National Bank of Baird, Baird, Texas. Approved, July 8, 1993. Atlanta First National Bancorp, Gainesville, Georgia --to acquire The Community Bank of Carrollton, Carrollton, Georgia. Approved, July 8, 1993. Secretary First of America Bank Corporation, Kalamazoo, Michigan -- proposal that First of America BankChampaign County, N.A., Champaign, Illinois, and First of America Bank-Springfield, N.A., Springfield, Illinois, acquire certain assets and assume certain liabilities of fourteen branches of Citizens Federal Bank, Miami, Florida. Approved, July 7, 1993. Cleveland Huntington Bancshares Incorporated, Columbus, Ohio, and Huntington Bancshares West Virginia, Inc. -- to acquire Commerce Banc Corporation, Charleston, West Virginia. Approved, July 9, 1993. New York J.P. Morgan & Co., Incorporated, New York, New York - to engage in executing, clearing, and providing advisory services with respect to futures contracts and options on futures contracts for certain energy futures through J.P. Morgan Futures Inc., New York, New York. Returned, July 7, 1993. H.2 JULY 6, 1993 PAGE a TO JULY 10, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Atlanta Liberty Holding Company, Inc., Pensacola, Florida -to acquire certain assets and assume certain liabilities of the Century branch of Liberty Bank of Fort Walton, Fort Walton Beach, Florida. Approved, July 9, 1993. Minneapolis Menomonie Financial Services, Inc., Menomonie, Wisconsin -- to engage de novo in data processing and management consulting services. Permitted, July 8, 1993. Director, BS&R PNC Financial Corporation, Pittsburgh, Pennsylvania - relief from commitment to allow Bank of Delaware, Wilmington, Delaware, to engage in insurance agency activities through a subsidiary. Granted, July 9, 1993. Atlanta SouthTrust Corporation, Birmingham, Alabama -proposal that SouthTrust Bank, F.S.B., Concord, North Carolina, be converted to a state-chartered commercial bank to be known as SouthTrust Bank of Central Carolina. Approved, July 9, 1993. Atlanta SunTrust Banks, Inc., Atlanta, Georgia --to engage de novo in lending activities through SunTrust Bankcard, N.A., Orlando, Florida. Permitted, July 6, 1993. Secretary United Bankshares, Inc., Charleston, West Virginia -to acquire Financial Future Corporation, Ceredo, West Virginia, and First Bank of Ceredo; and to form UBC Holding Company, Inc., Charleston, West Virginia, which will own United National Bank, Parkersburg, West Virginia. Approved, July 8, 1993. New York U.S. Trust Corporation, New York, New York --to acquire CTMC Holding Company, Portland, Oregon, Capital Trust Management Company, and Capital Trust Company, and engage in trust company activities. Approved, July 8, 1993. H .2 JULY 6, 1993 PAGE 5 TO JULY 10, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK MERGERS Richmond Centura Bank, Rocky Mount, North Carolina -- to merge with First Savings Bank of Forest City, SSB, Forest City, North Carolina, and to establish branches. Approved, July 7, 1993. Atlanta New Bank, Morristown, Tennessee -- to merge with United Southern Bank of Morristown. Approved, July 9, 1993. Richmond Union Bank and Trust Company, Bowling Green, Virginia -- to acquire certain assets and assume the deposit liabilities of the Manquin, Virginia, branch of Dominion Bank, N.A., Roanoke, Virginia. Approved, July 7, 1993. BANK PREMISES Chicago Bloomingdale Bank and Trust, Bloomingdale, Illinois - investment in bank premises. Approved, July 8, 1993. Chicago Comerica Bank, Detroit, Michigan -- investment in bank premises. Approved, July 6, 1993. Richmond Farmers & Merchants Bank, Timberville, Virginia -investment in bank premises. Approved, July 6, 1993. Kansas City Lafayette State Bank, Lafayette, Colorado -investment in bank premises. Approved, July 9, 1993. CAPITAL STOCK Chicago First Lena Corporation, Lena, Illinois -- redemption of shares. Approved, July 7, 1993. St. Louis Leachville State Bancshares, Inc., Leachville, Arkansas -- redemption of shares. Approved, July 8, 1993. Kansas City 405 Corporation, La Junta, Colorado -- redemption of shares. Approved, July 9, 1993. H.2 JULY 6, 1993 PAGE 6 TO JULY 10, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CHANGE IN BANK CONTROL Atlanta East Ridge Bancshares, Inc., East Ridge, Tennessee change in bank control. Permitted, July 9, 1993. Chicago First Lena Corporation, Lena, Illinois -- change in bank control. Permitted, July 7, 1993. Minneapolis Kootenai Bancorp, Libby, Montana -- change in bank control. Permitted, July 6, 1993. San Francisco Oregon Pacific Banking Company, Florence, Oregon -change in bank control. Permitted, July 8, 1993. San Francisco West Coast Bancorp, Orange, California -- change in bank control. Permitted, July 6, 1993. COMPETITIVE FACTORS REPORTS Kansas City BANK IV Oklahoma, National Association, Tulsa, Oklahoma, proposed acquisition of the assets and assumption of the liabilities of Commercial Bank & Trust Co. of Tulsa -- report on competitive factors. Submitted, July 6, 1993. Kansas City BANK IV Oklahoma, National Association, Tulsa, Oklahoma, proposed merger with Commercial Bank and Trust Company, Muskogee; First Bank and Trust Company of Tahlequah, Tahlequah; and First Bank & Trust Co. of Fort Gibson, Fort Gibson, Oklahoma -report on competitive factors. Submitted, July 6, 1993. Dallas Bank of San Antonio / Medical Center, San Antonio, Texas, proposed merger with Bank of San Antonio -report on competitive factors. Submitted, July 9, 1993. H.2 JULY 6, 1993 PAGE TO JULY 10, 1993 7 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Dallas Bank One, Texas, National Association, Dallas, Texas, proposed acquisition of the DeSoto branch of Victoria Bank & Trust Company, Victoria, Texas -report on competitive factors. Submitted, July 6, 1993. Dallas Bank One, Texas, N.A., Dallas, Texas, proposed purchase and assumption of certain of the assets and liabilities of Victoria Bank & Trust Company, Victoria, Texas -- report on competitive factors. Submitted, July 6, 1993. Kansas City Caldwell County Bank, Hamilton, Missouri, proposed merger with The Farmers National Bank of Ridgeway, Bethany, Missouri -- report on competitive factors. Submitted, July 6, 1993. Richmond Commerce Bank, Charleston, National Association, Charleston, West Virginia, proposed merger with Commerce Bank, Man, Incorporation, Man, West Virginia, and Commerce Bank, Huntington, National Association, Huntington, West Virginia -- report on competitive factors. Submitted, July 9, 1993. Dallas Equitable Bank, N.A., Arlington, Texas, proposed merger with Equitable Bank, Dallas, Texas -- report on competitive factors. Submitted, July 9, 1993. Dallas Equitable Bank, N.A., Arlington, Texas, proposed merger with Equitable Bank, Dallas, Texas -- report on competitive factors. Submitted, July 9, 1993. St. Louis Fairfield National Bank, Fairfield, Illinois, proposed merger with FNB National Bank -- report on competitive factors. Submitted, July 9, 1993. H.2 JULY 6, 1993 PAGE 8 TO JULY 10, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Atlanta First Federal Savings and Loan Association of Thibodaux, Thibodaux, Louisiana, proposed merger with Atchafalaya Federal Savings Bank, Morgan City, Louisiana -- report on competitive factors. Submitted, July 8, 1993. Minneapolis First National Bank, Keewatin, Minnesota, proposed merger with State Bank of Conger, Conger, Minnesota -- report on competitive factors. Submitted, July 9, 1993. Chicago First of America Bank-Champaign County, National Association, Champaign, Illinois, proposed purchase of certain assets and assumption of the liabilities of four Illinois branches of Citizens Federal Bank, A Federal Savings Bank, Miami, Florida -- report on competitive factors. Submitted, July 7, 1993. Chicago First of America Bank-Springfield, National Association, Springfield, Illinois, proposed purchase of certain assets and assumption of the liabilities of 10 Illinois branches of Citizens Federal Bank, FSB, Miami, Florida -- report on competitive factors. Submitted, July 7, 1993. Richmond Jefferson Savings and Loan Association, F.A., Warrenton, Virginia, proposed purchase of the Leesburg, Virginia, branch of Metropolitan Bank for Savings, F.S.B., Arlington, Virginia -- report on competitive factors. Submitted, July 7, 1993. Atlanta Ocala National Bank, Ocala, Florida, proposed purchase of certain assets and assumption of certain liabilities of two Ocala, Florida, branches of SafraBank, a division of Manhattan Savings Bank, New York, New York -- report on competitive factors. Submitted, July 6, 1993. H.2 JULY 6, 1993 PAGE 9 TO JULY 10, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Kansas City Security Bank, Sidney, Nebraska, proposed merger with Crawford State Bank, Crawford, Nebraska -- report on competitive factors. Submitted, July 6, 1993. Kansas City Security Bank, Sidney, Nebraska, proposed merger with Crawford State Bank, Crawford, Nebraska -- report on competitive factors. Submitted, July 6, 1993. Atlanta Sunshine Bank, Pensacola, Florida, proposed merger with First Federal Savings Bank, Marianna, Florida -- report on competitive factors. Submitted, July 6, 1993. Richmond United National Bank, Parkersburg, West Virginia, proposed merger with CB&T Westover Bank, Inc., Westover, West Virginia -- report on competitive factors. Submitted, July 6, 1993. Richmond United National Bank, Parkersburg, West Virginia, proposed purchase of the assets and assumption of certain liabilities of the Star City branch of Community Bank and Trust, N.A., Fairmont, West Virginia -- report on competitive factors. Submitted, July 6, 1993. EXTENSIONS OF TIME Atlanta Tomoka Bancorp, Inc., Ormond Beach, Florida -extension to October 9, 1993, to acquire Tomoka State Bank. Granted, July 6, 1993. Kansas City Citizens State Bank, Polk, Nebraska -- to become a member of the Federal Reserve System. Approved, July 8, 1993. Atlanta New Bank, Morristown, Tennessee --to become a member of the Federal Reserve System. Approved, July 9, 1993. MEMBERSHIP H.2 JULY 6, 1993 PAGE 10 TO JULY 10, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY REGULATIONS AND POLICIES Secretary FOMC Federal Open Market Committee -- minutes of the meeting on May 18, 1993. Published, July 9, 1993. H .2 ADDITIONS AND CORRECTIONS JULY 6, 1993 PAGE 11 TO JULY 10, 1993 ACTIONS TAKEN BY THE BOARD OF GOVERNORS REGULATIONS AND POLICIES Section 20 subsidiaries -- quarterly table to adjust interest income for companies that adopt the Board's alternative index revenue test to measure compliance with the 10 percent limit on bank ineligible securities activities. Announced, July 2, 1993. ADDITIONS AND CORRECTIONS ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK MERGERS San Francisco First Security Bank of Rock Springs, Rock Springs, Wyoming --to merge with State Bank of Green River, Green River, Wyoming. Returned, July 2, 1993. EXTENSIONS OF TIME Minneapolis Bowbells Holding Company, Bowbells, North Dakota -extension to October 5, 1993, to acquire The First National Bank of Minot, Minot, North Dakota. Granted, June 21, 1993. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Application Comment Period Ending Date NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Comment Period Ending Date NONE SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY NONE SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS *Rating Definitions: "0" - Outstanding; "S" - Satisfactory; - Needs to Improve; "SN" - Substantial Noncompliance. Institution Examination Date NONE *Subject to CRA "N" Rating* F e d e r a l R e s e rv e Bank o f New Y o rk 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) KeyCorp and its wholly-owned subsidiary, Key Bancshares of New York Inc., both of Albany, New York, to acquire all of the voting securities of Capital Trust Company, Albany, New York ("Capital"), a wholly-owned subsidiary of The Bank of New York Company, Inc. engaged in trust activities, and to merge Capital with and into Key Trust Company, Albany, New York. 7/23/93 SECTION IV Applications Not Involving ______ Public Comment______ None. SECTION V Availability of CRA Public Evaluations In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following group: Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate- income neighbor hoods, in a manner consistent with its resources and capabilities. Week Ending July 10. 1993 NAME OF BANK RATING EXAMINATION DATE BPD International Bank 200 West 57th Street New York, NY 10019 Substantial Noncompliance November 2, 1992 1/ 2/ 3/ 4/ Subject to provisions of Community Reinvestment Act. Later of dates specified in newspaper and Federal Register notices. Date specified in newspaper notice; a later date may be specified in the Federal Register notice. Date specified in Federal Register notice; a later date may be specified in the newspaper notice. N/A - Not Available FEDERAL RESERVE BANK OF PHILADELPHIA SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date Meridian Bank, Reading, Pennsylvania to merge with The First National Bank of Bath, Bath, PA, pursuant to Section 18(c) of the FDI Act. Applicant is also requesting approval to establish new branches, pursuant to Section 9 of the Federal Reserve Act. Newspaper comment period expires: 7/28/93 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE First Lehigh Corporation, Allentown, PA, Notice filed on behalf of Ray J. Starner, Edward G. Martin, and James T. McHale, acting as trustees, to control 46.5% of the common stock and 61.6% of the preferred stock of the Corporation, pursuant to the Change in Bank Control Act of 1978. Fed. Reg. Comment Newspaper Comment PeriodExpires: PeriodExpires: 7/20/93 N/A Meridian Bancorp, Inc., Reading, Pennsylvania to merge with First Bath Corp., Bath, Pennsylvania, pursuant to Section 3(a)(5) of the BHC Act. Fed. Reg. Comment Newspaper Comment PeriodExpires: PeriodExpires: 8/6/93 7/28/93 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Meridian Bank, Reading, PA requests permission to make an additional investment of $681 thousand in bank premises, pursuant to Section 24A of the Federal Reserve Act. This request is in connection with the bank's proposal to establish new branches upon its proposed merger with The First National Bank of Bath, Bath, PA. 1/ Subject to provisions of Community Reinvestment Act. * N/A - not yet available. FEDERAL RESERVE BANK OF PHILADELPHIA SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS The following institutions were examined for CRA. The 30-business day period the bank has to make the evaluation public has lapsed during the week ending July 9, 1993 Identification of Ratings In connection with the assessment of each insured depository performance, a rating is assigned from the following groups: institution's CRA Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and mode rate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities• Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Bank/Location Examination Date None. CRA Rating Federal Reserve Bank of Cleveland Applications Bulletin For Week Ending July 10, 1993 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Received notice from Fifth Third Bank, Cincinnati, Ohio, on July 6, 1993, of its intent to establish a branch facility at 370 James E. Bohanan Memorial Drive, Vandalia, Ohio. * July 12, 1993 Received notice from Minster State Bank, Minster, Ohio, on July 6, 1993, of its intent to establish a branch facility at 117 West Russell Road, Sidney, Ohio. * July 17, 1993 Received OAKAR application from Intercounty Bancshares Inc., Wilmington, Ohio, on July 6, 1993, to acquire The Williamsburg Building and Loan Company, Williamsburg, Ohio, and merge it into The National Bank and Trust Company, Wilmington, Ohio. * July 28, 1993 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Received Section 3( a ) (1) application from *F: August 6, 1993 Kentucky Bancshares Incorporated, Russell, Kentucky, on July 6, 1993, to acquire Kentucky Bank & Trust of Greenup County, Russell, Kentucky. Received Section 3 ( a ) (1) application from PHSB Mutual Holding Company, Beaver Falls, Pennsylvania, on July 9, 1993, to acquire Peoples Home SavingsBank, Beaver Falls, Pennsylvania. * N F # - * Not Yet Known # Subject to CRA Newspaper Comment Period Federal Register Comment Period Expected to end approximately 30 days from date of application's receipt. Applications Bulletin For Week Ending July 10, 1993 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Continued Received Section 4( c ) (8) application from Intercounty Bancshares, Inc., Wilmington, Ohio, on July 6, 1993, to acquire The Williamsburg Building and Loan Company, Williamsburg, Ohio. * August 6, 1993 Received Section 4(c) (8) application from Whitaker Bank Corporation, Lexington, Kentucky, on July 6, 1993, to acquire Whitaker Management Corporation and merge it into Whitaker Bancorp, Inc. July 22, 1993 SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Received request from Security Dollar Bank, Niles, Ohio, on July 7, 1993, for permission to exceed its limit of investment in bank premises permitted under Section 24A of the Federal Reserve A c t . * N F # - Subject to CRA Newspaper Comment Period Federal Register Comment Period Expected to end approximately 30 days from date of application's receipt. AVAILABILITY OF CRA PUBLIC EVALUATIONS (July 9, 1993) The following state member banks have been examined by the Federal Reserve Bank of Cleveland for compliance with The Community Reinvestment Act. A public evaluation document became available from the bank(s) listed below during the week ended July 9, 1993. If you are interested in obtaining a copy of an evaluation document, please contact the bank(s) directly. There are four descriptive ratings for CRA: OUTSTANDING: a bank in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SATISFACTORY: a bank in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NEEDS TO IMPROVE: a bank in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. SUBSTANTIAL NON COMPLIANCE: a bank in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities. The Corn City State Bank 123 West Main Street Deshler, Ohio 43516 (419) 278-0015 Rating: Outstanding Exam Date: April 12, 1993 Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date First Virginia Bank, Falls Church, Virginia, to establish a branch at 13881 Metrotech Drive, Chantilly, Virginia.* 8-9-93 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date None. Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date George Mason Bankshares, Inc., Fairfax, Virginia, to engage in issuing letters of credit. Not yet available. City Holding Company, Charleston, West Virginia, to engage in data processing services for nonaffiliated financial institutions. Not yet available. Section IV - Application Not Subject to Federal Register Notice or Newspaper Notice None. ^Application is subject to CRA requirements. Federal Reserve Bank of Richmond Availability of CRA Public Evaluations Week ending July 9, 1993 Definition of Ratings Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Examination Date____ Rating Peninsula Trust Bank, Incorporated U. S. Route 17 Gloucester, Virginia 23061 4-19-93 Satisfactory Bank of Suffolk 101 East Washington Street Suffolk, Virginia 23434 4-19-93 Satisfactory The Farmers & Merchants Bank of Craig County P. 0. Box 399 New Castle, Virginia 24127 4-26-93 Satisfactory Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending July 9. 1993 Section 1 - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Barnett Bank of Naples Naples, Florida To establish a branch located at 50 Bald Eagle Drive, Marco Island, Florida, to be known as Marco South Office. 07-30-93* Button Gwinnett Financial Corporation Lawrenceville, Georgia For its subsidiary, The Bank of Gwinnett County, Lawrenceville, Georgia, a BIF-insured bank, to acquire the assets and assume the liabilities of a branch office of its affiliate bank, Button Gwinnett National Bank, Snellville, Georgia, a SAIF-insured bank, pursuant to Section 5(d ) (3) of the Federal Deposit Insurance Act, as amended by the Federal Deposit Insurance Corporation Improvement Act of 1991. 08-09-93* Mountain Holding Corporation Tucker, Georgia For its subsidiary, Mountain National Bank, Tucker, Georgia, a BIF-insured bank, to acquire Button Gwinnett National Bank, Norcross, Georgia, a SAIF-insured bank, pursuant to Section 5( d ) (3) of the Federal Deposit Insurance Act, as amended by the Federal Deposit Insurance Corporation Improvement Act of 1991. 08-09-93* Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Community National Bank Corporation Venice, Florida 1-BHC formation, Community National Bank of Sarasota County, Venice, Florida. 07-07-93* Federal Register *Subject to provisions of the Community Reinvestment Act. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending July 9. 1993 Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date SouthTrust Corporation Birmingham, Alabama Along with its second- and third-tier bank holding company subsidiaries, SouthTrust of Florida, Inc., Jacksonville, Florida, and South Florida Financial Corporation, Cape Coral, Florida, to merge with Gulf & Southern Financial Corporation, Fort Myers, Florida, and thereby directly acquire its bank subsidiary, The National Bank of Lee County, Fort Myers, Florida, pursuant to Section 3(a)(5) of the Bank Holding Company A c t . 07-02-93* Federal Register Drummond Banking Company Chiefland, Florida To acquire Suwanee Valley Bancshares, Inc., Chiefland, Florida, and thereby acquire its subsidiary, Bank of Florida, N.A., Chiefland, Florida, pursuant to Section 3(a)(3) of the Bank Holding Company Act. 07-26-93* Federal Register PCM Acquisition Group, Inc. Not yet available* Deerfield Beach, Florida 1-BHC formation, Florida First International Bank, Hollywood, Florida. Corte Banc Corporation New Orleans, Louisiana 1-BHC formation, First Bank & Trust, New Orleans, Louisiana. 06-28-93* Federal Register Progressive Capital Corporation Covington, Louisiana Change in control notice by Lucky 7 Irrevocable Trust, Amy Blossman Tiling and Ann Blossman Komidor as trustees, to acquire 25.29 percent of the outstanding shares of Progressive Capital Corporation, Covington, Louisiana, and thereby acquire Central Progressive Bank, Amite, Louisiana. 07-28-93* Federal Register *Subject to provisions of the Community Reinvestment Act. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending July 9. 1993 Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date First City Bancorp, Inc. Murfreesboro, Tennessee To acquire Citizens Bank, Smithville, Tennessee, pursuant to Section 3 ( a ) (3) of the Bank Holding Company A c t . Section 3 - Applications Subject Application Not yet available* to Federal Register Only Comment Period Ending Date First Alabama Bancshares, Inc. Birmingham, Alabama To acquire First Federal Bancshares of DeFuniak Springs, Inc., DeFuniak Springs, Florida, and thereby indirectly acquire First Federal Savings Bank of DeFuniak Springs, DeFuniak Springs, Florida, pursuant to Section 4 ( c ) (8) of the Bank Holding Company Act. 08-02-93 Fidelity Southern Corporation 07-29-93 Decatur, Georgia Applicant proposes to engage de novo, through its wholly-owned subsidiary, Fidelity National Capital Investors, Inc., Decatur, Georgia (Company), in certain nonbank activities. Specifically, Applicant proposes to provide management consulting service to depository institutions, pursuant to Section 225.25(b)(11) of Regulation Y, and arranging commercial real estate equity financing, pursuant to Section 225.25(b)(14) of Regulation Y. In addition, Applicant proposes to engage, through Company, in certain nonbank activities that have been approved by Board Order, but have not yet been added to the laundry list of permissible nonbank activities. Specifically, Applicant proposes to engage in underwriting and dealing in municipal revenue bonds,residential mortgage related securities; consumer-receivablerelated securities; commercial paper,- and riskless principal transactions. *Subject to provisions of the Community Reinvestment Act. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending July 9. 1993 Section 4 - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Bank South Corporation Atlanta, Georgia Request for waiver of the application requirement under Section 3 (a)(5) of the Bank Holding Company Act for the proposal to acquire Barnett Bank of Atlanta, Atlanta, Georgia, and Barnett Bank of Fayette County, Fayetteville, Georgia. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending July 9, 1993 Section 10 - Availability of CRA Public Evaluations The CRA public evaluations of the insured depository institutions listed below became available during this week. Information about an institution's CRA evaluation may be obtained directly from the institution. In connection with the assessment of an institution's CRA performance, a rating is assigned from the following groups: Outstanding record of meeting community c re d it needs: An institution has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community c re d it needs: An institution has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community cre d it needs: An institution needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community cre d it needs: An institution has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Examination Bank Bank of York Post Office Box 96 York, Alabama 36925 (205)392-5205 Rating Date Satisfactory 04-05-93 Federal Reserve Bank of Chicago Section Type I -Applications Subject to Newspaper Notice OnlyApplication Comment Period Ending Date EFT Chemical Bank Bay Area Bay City, Michigan 4101 Wilder Road Bay City, Michigan* N 7-10-93 Branch/24A Comerica Bank Detroit, Michigan 1400 North Woodward Avenue Bloomfield Hills, Michigan* N 7-14-93 Branch/24A Comerica Bank Detroit, Michigan 8250 Hilton Road Brighton Township, Michigan* N 7-14-93 Branch Capac State Bank Capac, Michigan 148 North Almont Avenue Imlay City, Michigan* N 7-23-93 EFT Harris Trust and Savings Bank Chicago, Illinois 212 West Washington Street Chicago, Illinois* N - ** Reg K First Evergreen Corporation Evergreen Park, Illinois Polarzvaigzne Banka Riga, Latvia* N - ** Oakar ABN AMRO North America, Inc. Chicago, Illinois LaSalle Talman Bank, F.S.B. Chicago, Illinois* N - ** Oakar ABN AMRO Bank N. V. Amsterdam, The Netherlands LaSalle Talman Bank, F.S.B. Chicago, Illinois* N - ** OakarABN AMRO Holding N. V. Amsterdam, The Netherlands LaSalle Talman Bank, F.S.B. Chicago, Illinois* N - ** Federal Reserve Bank of Chicago Section Type I -Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Oakar Stichting Prioriteit ABN AMRO Holding Amsterdam, The Netherlands LaSalle Talman Bank, F.S.B. Chicago, Illinois* N - ** Oakar Stichting Administratiekantoor ABN AMRO Amsterdam, The Netherlands LaSalle Talman Bank, F.S.B. Chicago, Illinois* N - ** Oakar LaSalle National Corporation Chicago, Illinois LaSalle Talman Bank, F.S.B. Chicago, Illinois* N - ** Federal Reserve Bank of Chicago Section 11 - Applications Subject to Both Newspaper and Federal Register Notice Type Comment Period Ending Date Application Y-2 Independent Bank Corporation Ionia, Michigan Pioneer Bank North Branch, Michigan* FR - 8-2-93 NP - ** Y-2 Independent Bank Corporation Ionia, Michigan American Home Bank Unionville, Michigan* FR - 8-2-93 NP - ** Y-l Van Buren Bancorporation Employee Stock Ownership Plan Ke o sauqua, Iowa Van Buren Bancorporation Keosauqua, Iowa State Savings Bank Cantril, Iowa Farmers State Bank Keosauqua, Iowa* FR - 8-2-93 N - ** CoC-HC Y-2 Y-2 Success Bancshares, Inc. (formerly Lincolnshire Bancshares, Inc.) Lincolnshire, Illinois George M. Ohlhausen Peotone Bancorp, Inc. Peotone, Illinois Rock River Bancorporation, Oregon, Illinois Rock River Bank Oregon, Illinois* Talen, Inc. Traer, Iowa Farmers and Merchants Bank Greenwood, Wisconsin* FR - ** N - ** FR N - 7-2-93 8-1-93 Inc. FR N - ** ★* Federal Reserve Bank of Chicago Section 11 - Applications Subject to Both Newspaper and Federal Register Notice (Continued) Type Application Comment Period Ending Date Y-2 Valley Bancorporation FR Appleton, Wisconsin NP Pierce County Bank and Trust Company Ellsworth, Wisconsin* 7-1-93 7-1-93 Y-l East Dubuque Bancshares, Inc. FR East Illinois N East Dubuque Investment Corporation East Dubuque, Illinois East Dubuque Savings Bank East Dubuque, Illinois* 7-6-93 7-6-93 Y-l Smithdown Investments, Inc. FR Lake Forest, Illinois N Hinsdale Bank and Trust Company Hinsdale, Illinois (in organization)* 7-16-93 6-27-93 Y-2 F & M Bancorporation, Inc. Kaukauna, Wisconsin Park Ridge Bancshares, Inc. Stevens Point, Wisconsin Bank of Park Ridge Park Ridge, Wisconsin* Y-2 Firstbank of Illinois Co. Springfield, Illinois Colonial Bancshares, Inc. Des Peres, Missouri Colonial Bank Des Peres, Missouri Village Bank Des Peres, Missouri* FR N N 7-9-93 7-2-93 FR - ** - 7-12-93 Federal Reserve Bank of Chicago Type Section II-Applications Subject to Both Newspaper and Federal Register Notice (Continued) Comment Period Application Ending Date Y-2 Y-l F & M Merger Corporation Kaukauna, Wisconsin Park Ridge Bancshares, Inc. Stevens Point, Wisconsin Bank of Park Ridge Park Ridge, Wisconsin* FR - 7-9-93 N - 7-2-93 The National Bank of Indianapolis FR - 7-12-93 Corporation N - 7-7-93 Indianapolis, Indiana The National Bank of Indianapolis Indianapolis, Indiana (in organization)* Y-l/Oakar Charter Bancorp, M.H.C. Sparta, Illinois Charter Bank, S.B. Sparta, Illinois* FR - 7-12-93 N - ** Y-2 Citizens Banking Corporation Flint, Michigan Royal Bank Group, Inc. Royal Oak, Michigan National Bank of Royal Oak Royal Oak, Michigan* FR - 7-16-93 N - 7-23-93 Y-l Heartway Bancorporation Wayland, Iowa Wayland State Bank Wayland, Iowa* FR - 7-16-93 N - 6-7-93 Y-2 Chemical Financial Corporation Midland, Michigan Key State Bank Owosso, Michigan* FR - 7-16-93 N - 7-16-93 Y-2 De Witt Bancorp, Inc. De Witt, Iowa River Valley Bancorp, Inc. Davenport, Iowa Valley State Bank (in organization) Eldridge, Iowa* FR - 3-25-93 N - 7-23-93 Y-l FR - 3-25-93 River Valley Bancorp, Inc. N - 7-23-93 Davenport, Iowa Valley State Bank (in organization) Eldridge, Iowa Federal Reserve Bank of Chicago Section II - Applications Subiect to Both Newspaper and Federal Reaister Notice (Continued) Comment Period Ending Date Type Application FR - 7-26-93 N - 7-12-93 Y-l The First Trust Holdings, Inc. Watseka, Illinois First Trust and Savings Bank of Watseka, Illinois Watseka, Illinois* Y-2 Castle BancGroup, Inc. (formerly Sandwich Banco, Inc.) N DeKalb, Illinois B.O.Y. Bancorp, Inc. Yorkville, Illinois Bank of Yorkville Yorkville, Illinois* FR - 8-2-93 Y-2 Fortress Bancshares, Inc. Hartland, Wisconsin Kloosner Bancorporation, Houston, Minnesota Houston Security Bank Houston, Minnesota* FR - 8-6-93 N - ** Inc. CoC-HC Farmers National Bancorp, Inc. Geneseo, Illinois William Hanford II* Y-l Lakeside Bancorp, Inc. Chicago, Illinois Lakeside Bank Chicago, Illinois* FRN- 5-19-93 6-25-93 FR - 6-4-93 N - 5-28-93 Federal Reserve Bank of Chicago Section 111 - Applications Subject to Federal Register Notice Only Type Application Comment Period Ending Date Y-4 Van Buren Bancorporation Keosauqua, Iowa making and servicing loans FR - 7-28-93 Y-4 Continental Bank Corporation Chicago, Illinois Repechage Partners Ltd. Chicago, Illinois FR - 7-22-93 4 (c) (8) Northern Bankshares, Inc. FR - 7-20-93 McFarland, Wisconsin Make direct commercial loans in an amount not exceeding $200,000 in the aggregate and to service said loans Y-4 ABN AMRO North America, Inc. Chicago, Illinois ABN AMRO Securities, Inc. New York, New York FR - ** Y-4 ABN AMRO Bank N.V. Amsterdam, The Netherlands ABN AMRO Securities, Inc. New York, New York FR - ** Y-4 ABN AMRO Holding N.V. Amsterdam, The Netherlands ABN AMRO Securities, Inc. New York, New York FR - ** Y-4 Stichting Administratiekantoor ABN AMRO Holding Amsterdam, The Netherlands ARN AMRO Securities, Inc. New York, New York FR - ** 4(C) (8) State Financial Services Corporation Making & Servicing Loans directly to its ESOP FR - 8-8-93 Federal Reserve Bank of Chicago Section 111 - Applications Subject to Federal Register Notice Only (Continued) Type 4(c) (8) Application Stichting Prioriteit ABN AMRO Holding Amsterdam, The Netherlands ABN AMRO Securities, Inc. New York, New York Comment Period Ending Date FR - ** 4(c) (8) Marshall & Ilsley Corporation FR - 7-6-93 Milwaukee, Wisconsin M&I Data Services, Inc. Milwaukee, Wisconsin--to acquire the item processing and data processing activities of Barnett Bank, Inc., Jacksonville, Florida 4(c) (8) Evans Bancshares, Inc. FR - 7-15-93 Evansdale, Iowa Engage in a one-time de novo lending activity via the purchase of an $80 000 overline from its sub bank 4 (c) (8) Community Banc-Corp of Sheboygan, Inc. FR - ** Sheboygan, Wisconsin G & H Insurance Agency Sheboygan, Wisconsin - selling insurance and other financial services Y-4 Firstbank of Illinois Co. Springfield, Illinois Guido Insurance Agency, Inc. Des Peres, Missouri Minuteman Properties, Inc. Des Peres, Missouri FR - ** Y-4 Van Buren Bancorporation Employee Stock-Ownership Plan Keosaugua, Iowa Making and Servicing Loans FR - ** Federal Reserve Bank of Chicago Section IV - Applications Not Subject to Federal Register or Newspaper Notice Type Application Comment Period Ending Date N - Newspaper FR - Federal Register * - Subject to Provisions of Community Reinvestment Act ** - Not available at this time AVAILABILITY OF CRA PUBLIC EVALUATIONS. The following state member hanks have been examined by the Federal Reserve Bank of Chicago for compliance with the CRA. The 30-business day period the bank has to make the evaluation public has lapsed during the week ending July 09, 1993. If you are interested in obtaining a copy of the evaluation document, please contact the bank(s) directly. Identification of Ratings O-An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. S-An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate -income neighborhoods, in a manner consistent with its resources and capabilities. NI-An institution in this group needs to improve its overall record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SN-An institution in this group has a substantially deficient record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANK NAME/LOCATION -Central State Bank 101 North Main Street Elkader, Iowa 52043 (319) 245-2110 EXAMINATION DATE 4/05/93 RATINGS ?------ S Federal Reserve Bank of St. Louis FOR THE WEEK ENDING JULY 9, 1993 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE Application End of Comment Period None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application End of Comment Period Change in control notification involving NBC Bank Corp., El Dorado, Arkansas by National Bank of Commerce of El Dorado Employee Stock Ownership Plan, El Dorado, Arkansas Not yet available Change in control notification involving Community First Financial Group, English, Indiana by Douglas T. Breeden, Chapel Hill, North Carolina Federal Register: (previously reported during week ending July 2, 1993) 7-29- SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application End of Comment Period Section 4(c)(8) notification by Security Capital Corporation, Batesville, Mississippi to engage de novo in making loans Not yet available SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Application None. End of Comment Period FEDERAL RESERVE BANK OF ST. LOUIS St. Louis, Missouri AVAILABILITY OF CRA PUBLIC DISCLOSURES Identification o f Ratings: Outstanding record o f m eeting com m unity credit needs A n institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs o f its entire delineated community, including low - and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record o f m eeting com m unity credit needs A n institution in this group has a satisfactory record o f ascertaining and helping to meet the credit needs o f its entire delineated community, including low- and moderate- income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record o f m eeting com m unity credit needs A n institution in this group needs to improve its overall record o f ascertaining and helping to meet the credit needs o f its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncom pliance in m eeting com m unity credit needs A n institution in this group has a substantially deficient record o f ascertaining and helping to meet the credit needs o f its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. FOR THE WEEK ENDING Name of Bank None July 9, 1993 Bank Address Examination Date Examination Rating FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to Newspaper Notice Only Comment Period Endincr Date Application No n e . Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Endina Date North State Bancshares, Inc. Mpls, MN To acquire 100% of the voting shares of First North Finan cial Services, Inc., Karlstad, MN* 8-2-93 (Federal Register) QBANKCORP, Inc. Geraldine, MT To acquire 98.2% of the voting shares of Geraldine State Bank, Geraldine, MT* Not yet available Watford City Bancshares, Inc. Watford City, ND To acquire 100% of the voting shares of Fessenden Bancshares, Inc., Fessenden, ND* Not yet available Angelo Medure and CDC Investments, Inc., Detroit Lakes, MN (a wholly owned subsidiary of Midwest Min nesota Community Development Corporation) To acquire control of 90.2% of Waubun Bancshares, Inc., Waubun, MN 7-21-93 (Federal Register) * Subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application Farmers State Corporation Mountain Lake, MN To engage in general insurance agency activities through the acquisition of United Prairie Insurance Agency, Slayton, MN Not yet available Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None. FEDERAL RESERVE BANK OF MINNEAPOLIS Section V - Availability of CRA Public Evaluations week ending July 9, 1993 ASSIGNMENT OF RATING Identification of Ratings In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following groups: OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low-and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANK(S ) EXAMINED DATE OF EXAMINATION Security Bank & Trust Co. P. 0. Box 596 600 Main Webster, SD 57274-0596 (605) 345-3306 April 5, 1993 CRA RATING Satisfactory Federal Reserve Bank of Kansas City SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE Valley Bank, N.A., Brighton, Colorado, for prior approval to retain membership in the Federal Reserve System as a state chartered bank. Not Available Community Bank and Trust Company, Oklahoma City, Oklahoma, for prior approval for membership in the Federal Reserve System. Not Available SECTION I I - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING DATE Jefferson County Bancshares, Inc., Daykin, Nebraska, for prior approval to become a bank holding company through the acquisition of 100 percent of the voting shares of Jefferson County Bank, Daykin, Nebraska.* Not Available Commerce Bancshares, Inc., Kansas City, Missouri, for prior approval to acquire 100 percent of the voting shares of Lawrence County Bancshares, Inc., Aurora, Missouri.* Not Available First Golden Bancorporation, Golden, Colorado, for prior approval to acquire 100 percent of Golden Bank Applewood, Wheat Ridge, Colorado.* Not Available SECTION I I I - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. Federal Reserve Bank of Kansas City SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS Id e n tific a tio n of Ratings In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following groups: Outstanding record of meeting community credit needs An institution in this group has an outstanding record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. S atisfacto ry record of meeting community credit needs An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Bank/Location Exam Date None. ♦Application is subject to CRA. CRA Public Date CRA Rating FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF JULY 5, 1993 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP ♦Section 9 application by Texas State Bank, McAllen, TX, to establish an automated teller machine at the 5000 block, North 10th, McAllen, Texas 78504 (the Town & Country Shopping Center) 93/07/06 ♦Section 9 application by Landmark Bank Mid-Cities, Euless, TX, to establish a branch at 4607 Colleyville Blvd., Colleyville, TX 76034 93/08/02 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION Change in Control Notice by Norman Dean Oswald, Duncanville, TX, to acquire an interest in Metroplex Bancshares, Inc., Dallas, TX (Previously reported during the week of 5-17-93) *♦ NOTICE EXP 93/07/12 Change in Control Notice by Switzer Deason, Bryan, TX, to acquire an interest in Caldwell Capital Corporation, Caldwell, TX N/A Change in Control Notice by Evan H. Katz Dynasty Trust, Houston, TX; Lissy B. Katz Dynasty Trust, Houston, TX; and Lenny C. Katz Dynasty Trust, Houston, TX, to acquire an interest in First Community Bancshares, Inc., Killeen, TX N/A ♦Section 3(a)(1) application by J-D Financial, Inc., Lockney, TX, to acquire Lockney Holding Company, Wilmington, DE; First Partnership, Ltd., Lockney, TX; First Lockney Bancshares, Inc., Lockney, TX; and First National Bank in Lockney, Lockney, TX (Previously reported during the week of 6-28-93) ♦Section 3(a)(1) application by First Partnership, Ltd., Lockney, TX, to acquire Lockney Holding Company, Wilmington, DE; First Lockney Bancshares, Inc., Lockney, TX; and First National Bank in Lockney, Lockney, TX (Previously reported during the week of 6-28-93) 93/08/01 93/08/01 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None.* * SUBJECT TO CRA. ** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY. N/A - NOT AVAILABLE AT THIS TIME. SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS FOR THE WEEK OF JULY 5, 1993 Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including 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 CRA Rating Midland American Bank 401 W. Texas, Suite 100 Midland, Texas 79701 93/03/29 Satisfactory Texas State Bank 3900 N. Tenth Street P. 0. Box 4797 McAllen, Texas 78502 93/02/08 Satisfactory FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 7/09/93 Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date West One Bank, Idaho, Boise, Idaho, to acquire Newspaper: by merger Idaho State Bank, Glenns Ferry, Idaho. * 7/30/93 Section II - Applications Sub.iect to Both Newspaper and Federal Register Notice Application Comment Period Ending Date First Security Corporation, Salt Lake City, Utah, to acquire Continental Bancorporation, Las Vegas, Nevada. * Newspaper: 8/04/93 Fed. Reg.: Not available Farmers Bancorporation, Buhl, Idaho, to become a bank holding company by acquiring Farmers National Bank, Buhl, Idaho. * Newspaper: Not available Fed. Rea.: Not available Section III - Applications Sub.iect to Federal Register Notice Only Application Comment Period Ending Date First Security Corporation, Salt Lake City, Utah, to acquire CNB Services, Inc., and Continental Trust Company, Las Vegas, Nevada. Fed. Reg.: Not available The Dai-Ichi Kangyo Bank, Limited, Tokyo, Japan, to engage de novo in options and futures based on "bank eligible" securities through DKB Securities, Corporation, New York, New York. 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 (cont'd.) Week ending 7/09/93 Section V - Availability of CRA Public Evaluations The CRA public evaluations of the institution(s) below became available during the week ending July 9, 1993. Information about a particular institution's CRA evaluation may be obtained directly from the institution. Institution Silicon Valley Bank Location 3000 Lakeside Dr. Santa Clara, CA (408) 980-0765 Examination Date 4/05/93 Rating* Satisfactory * Under the rating system an institution's CRA performance is assigned one of the following four ratings: Outstanding record of meeting community credit needs: An institution has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs: An institution has a satisfactory record of ascertaining and meeting the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs: An institution needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncomoliance in meeting community credit needs: An institution has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resources and capabilities.