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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.

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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.

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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.

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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.

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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.

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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

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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.

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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

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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




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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

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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.




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