View original document

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

ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1992 , No. 28
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending July 11, 1992

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

ADVISORY COUNCILS
Consumer Advisory Council —
for nine vacancies.
Announced, July 7, 1992.

request for nominations

BANK HOLDING COMPANIES
Banc One Ohio Corporation, Columbus, Ohio — to
acquire First Security Corporation of Kentucky,
Lexington, Kentucky.
Approved, July 6, 1992.
CB&T Financial Corp., Fairmont, West Virginia, and
CB&T Clarksburg Corporation — to acquire First
State Bancorporation, Inc., Elkins, West Virginia,
and First State Bank.
Approved, July 6, 1992.
SouthTrust Corporation, Birmingham, Alabama — to
acquire First Federal Enterprises, Inc., Marianna,
Florida, and First Federal Savings Bank.
Denied, July 8, 1992.
BANK MERGERS
SouthTrust Bank of Northwest Florida, Marianna,
Florida — to merge with First Federal Savings
Bank.
Denied, July 8, 1992.
BOARD OPERATIONS




Division of Banking Supervision and Regulation —
reorganization and appointment of Herbert A. Biern,
Roger T. Cole, and James I. Garner as Deputy
Associate Directors, and Howard A. Amer, Gerald A.
Edwards, Jr., James V. Houpt, Jack P. Jennings,
Rhoger H. Pugh, and Molly S. Wassom as Assistant
Directors, and the transfer of Frederick M. Struble
to the position of Associate Director for Policy.
Approved, July 8, 1992.

H .2
JULY 6, 1992
PAGE 2

TO

JULY 11,

1992

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

DISCOUNT RATES
Discount rates — decrease to 3 percent from
3-1/2 percent by the Federal Reserve Bank of
Cleveland, effective immediately.
Approved, July 6, 1992.
Discount rates — decrease to 3 percent from
3-1/2 percent by the Federal Reserve Bank of St.
Louis, effective July 7, 1992.
Approved, July 6, 1992.
ENFORCEMENT




BCCI Holdings (Luxembourg) S.A., Luxembourg, and the
National Commercial Bank, Saudi Arabia —
assessment of a civil money penalty of up to $170
million against Khalid bin Mahfouz, assessment of a
civil money penalty of up to $6 million against
Haroon Kahlon, and actions seeking issuance of
cease and desist orders requiring disgorgement of
profits.
Announced, July 8, 1992.
Eden Valley Bancshares, Inc., Eden Valley, Minnesota,
and the Farmers & Merchants Agency, Inc., Pierz,
Minnesota — order of assessment of a civil money
penalty and a cease and desist order against Thomas
J. Sexton, an affiliated party.
Announced, July 8, 1992.
Habib Bank AG Zurich, Zurich, Switzerland, and the
Habib BankTs branch in Los Angeles — joint
issuance with the Federal Deposit Insurance
Corporation and the Superintendent of Banks of the
State of California of a cease and desist order,
and issuance by the Federal Reserve of an order of
civil money penalty against the Habib Bank AG
Zurich.
Announced, July 7, 1992.

H .2
JULY 6, 1992
PAGE 3

TO

JULY 11,

1992

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

FORMS
Foreign Representative Office Registration Report (FR
3072) — one-time report.
Approved; July 8; 1992.
REGULATIONS AND POLICIES
Regulation F — new regulation to implement the
interbank liability provisions of the Federal
Deposit Insurance Corporation Improvement Act of
1991 .
Proposed; July 8; 1992.

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




Chicago

ASB Bankcorp; Inc., Adrian, Michigan — to acquire
the branch office of First Federal Savings and Loan
Association.
Approved, July 8, 1992.

H .2
JULY 6, 1992
PAGE 4

TO

JULY 11,

1992

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 a
branch at Madison Square Garden, from July 13
through July 16, 1992.
Approved, July 7, 1992.

Chicago

Hawkeye Bank & Trust of Des Moines, Des Moines,
Iowa — to relocate its branch to 3501 86th Street,
Urbandale, Iowa, from 8550 Hickman.
Approved, July 8, 1992.

Atlanta

Mega Bank, Miami, Florida — to establish a branch at
18999 Biscayne Boulevard, North Miami Beach,
Florida.
Approved, July 10, 1992.

Atlanta

NationsBank of Tennessee, Nashville, Tennessee — to
establish an automated teller machine at the Cleo,
Inc. Plant, 4025 Viscount, Memphis, Tennessee.
Approved, July 9, 1992.

Atlanta

Trust Company Bank, Atlanta, Georgia — to establish
a limited service facility at St. Anne’s Terrace
Retirement Facility, 3100 Northside Parkway, N.W.
Approved, July 9, 1992.

Atlanta

Trust Company Bank, Atlanta, Georgia — to establish
a remote drive-in facility at 300 Galleria Parkway.
Approved, July 9, 1992.

New York

United Jersey Bank, Hackensack, New Jersey — to
establish an offsite electronic facility at Paramus
Park Mall, 700 Paramus Park, Paramus, New Jersey.
Approved, July 6, 1992.

BANK HOLDING COMPANIES




Richmond

American Bancshares, Inc., Monroe, North Carolina —
to acquire American Commercial Savings Bank, Inc.,
SSB.
Approved, July 10, 1992.

H .2
JULY 6, 1992
PAGE 5

TO

JULY 11,

1992

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

BANK HOLDING COMPANIES




Chicago

AbB Bankcorp, Inc., Adrian? Michigan — - to acquire
the Tecumseh, Michigan, branch of First Federal
Savings and Loan Association.
Approved, July 8, 1992.

Atlanta

Barnett Banks, Inc., Jacksonville, Florida—
to
engage de novo in leasing activities nationwide.
Approved, July 9, 1992.

S t . Louis

BMC Bankcorp, Inc., Benton, Kentucky — to engage in
savings and loan activities through the acquisition
of United Commonwealth Bank, Federal Savings Bank,
Murray, Kentucky, and for United Commonwealth to
engage in credit related insurance activities.
Approved, July 10, 1992.

Secretary

Bowbells Holding Company, Bowbells, North Dakota —
to acquire First National Bank, Minot, North
Dakota.
Approved, July 9, 1992.

Richmond

Central Fidelity Banks, Inc., Richmond, Virginia —
proposal that Central Fidelity Bank acquire certain
assets and assume the deposit liabilities of
Investors Federal Savings Bank.
Approved, July 10, 1992.

Chicago

Commercial National Financial Corporation, Ithaca,
Michigan — to acquire the Greenville? Michigan,
branch of Great Lakes Bancorp, F.S.B., Greenville,
Michigan.
Approved, July 6, 1992.

Minneapolis

Community Bank Group, Inc., Eden Prairie, Minnesota - to acquire Klossner State Bank, Klossner,
Minnesota.
Approved, July 10, 1992.

Kansas City

Dickinson Financial Corporation, Kansas City,
Missouri — to acquire Atchison County Investment
Company, Rock Port, Missouri.
Approved, July 8, 1992.

Chicago

Jones Bancorp, Inc., Marcellus, Michigan —
acquire G.W. Jones Exchange Bank.
Returned, July 9, 1992.

to

H .2
JULY 6, 1992
PAGE 6

TO

JULY 11,

1992

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

BANK HOLDING COMPANIES
New York

Midland Bank PLC, London, England — to engage in
full service brokerage, acting as agent in the
private placement of all types of securities, and
buying and selling securities on order of investors
as a riskless principal through Midland Montagu
Capital Markets, Inc.
Returned, July 7, 1992.

Minneapolis

NoDak Bancorporation, Mandan, North Dakota - to
acquire First Southwest Bank - Bismarck, Bismarck,
North Dakota.
Approved, July 6, 1992.

Atlanta

Peach State Bankshares, Inc., Riverdale, Georgia —
to acquire Peach State Bank.
Approved, July 6, 1992.

S t . Louis

Security Bancshares, Inc., Des Arc, Arkansas — to
acquire Southern Bancshares, Inc., West Helena,
Arkansas, and Merchants and Farmers Bank.
Approved, July 6, 1992.

Kansas City

Stock Exchange Financial Corporation, Caldwell,
Kansas — to acquire Stock Exchange Bank.
Approved, July 10, 1992.

BANK MERGERS




Richmond

Bank of Hampton Roads, Chesapeake, Virginia, — to
merge with Coastal Virginia Bank, Virginia Beach,
Virginia.
Approved, July 9, 1992.

Richmond

Central Fidelity Bank, Richmond, Virginia — to
acquire certain assets and assume the deposit
liabilities of Investors Federal Savings Bank, and
to establish branches.
Approved, July 10, 1992.

Minneapolis

First Southwest Bank - Mandan, Mandan, North Dakota - to merge with the Mandan branch of the
Northwestern Federal Savings Bank, Fargo, North
Dakota.
Approved, July 6, 1992.

H .2
JULY 6, 1992
PAGE 7

TO

JULY 11,

1992

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

BANK PREMISES
Kansas City

Central Bank of Oklahoma City, Oklahoma City,
Oklahoma — investment in bank premises.
Approved, July 9, 1992.

Chicago

Hawkeye Bank & Trust of Des Moines, Des Moines,
Iowa — investment in bank premises.
Approved, July 8, 1992.

Cleveland

Ohio Citizens Bank, Toledo, Ohio —
bank premises.
Approved, July 11, 1992.

investment in

CAPITAL STOCK
Atlanta

BMR Financial Group, Inc., Atlanta, Georgia —
redemption of shares.
Approved, July 8, 1992.

Chicago

Overton Bank Shares, Inc., Mondamin, Iowa —
redemption of shares.
Returned, July 9, 1992.

CHANGE IN BANK CONTROL




Boston

Amity Bancorp, Inc., New Haven, Connecticut —
in bank control.
Permitted, July 10, 1992.

change

Boston

Andover Bancorp, Andover, Massachusetts —
bank control.
Permitted, July 8, 1992.

Kansas City

Clinton Bancshares, Inc., Clinton, Oklahoma —
in bank control.
Permitted, July 6, 1992.

Dallas

Community Bankers, Inc., Granbury, Texas —
bank control.
Returned, July 7, 1992.

Kansas City

Midwest National Bancshares, Inc., Midwest City,
Oklahoma — change in bank control.
Permitted, July 7, 1992.

change in

change

change in

H .2
JULY 6, 1992
PAGE 8

TO

JULY 11,

1992

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

CHANGE IN BANK CONTROL
Minneapolis

Morris State Bancorporation, Morris, Minnesota —
change in bank control.
Permitted, July 8, 1992.

Chicago

Overton Bank Shares, Inc., Mondamin, Iowa —
in bank control.
Returned, July 9, 1992.

New York

Wilber Corporation, Oneonta, New York —
bank control.
Permitted, July 6, 1992.

change

change in

COMPETITIVE FACTORS REPORTS




San Francisco

American Savings Bank, FA, Stockton, California,
proposed purchase of assets and assumption of
liabilities of the branch of World Savings and Loan
Association, A Federal Savings and Loan
Association, Oakland, California, at 2033 Wilshire
Boulevard, Los Angeles, California — report on
compet it ive factors.
Submitted, July 8, 1992.

Cleveland

Bank One, Lexington, N.A., Lexington, Kentucky,
proposed merger with First Security Bank and Trust
Company of Madison County, Richmond; First Security
Bank and Trust Company of Clark County, Winchester;
First Security Bank and Trust Company of Danville,
N.A., Danville; and First Security National Bank
and Trust Company of Lexington, Lexington, Kentucky
— report on competitive factors.
Submitted, July 7, 1992.

Dallas

Benbrook State Bank, Benbrook, Texas, proposed
purchase of assets and assumption of liabilities of
Lake Granbury National Bank, Granbury, Texas —
report on competitive factors.
Submitted, July 10, 1992.

Cleveland

Charter One Financial, Inc., Cleveland, Ohio,
proposed acquisition of First American Savings,
F.S.B. Canton, Ohio — report on competitive
factors.
Submitted, July 7, 1992.

H .2
JULY 6, 1992
PAGE 9

TO

JULY 11,

1992

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

COMPETITIVE FACTORS REPORTS




Chicago

Commercial National Bank, Alma, Michigan, proposed
purchase of certain assets and assumption of the
liabilities of the Greenville, Michigan, branch of
Great Lakes Bancorp, F.S.B., Ann Arbor, Michigan —
report on competitive factors.
Submitted, July 6, 1992.

Cleveland

Farmers Banking Company, N.A., Lakeview, Ohio,
proposed merger with Citizens Loan & Building
Company, Lima, Ohio — report on competitive
factors.
Submitted, July 7, 1992.

Dallas

First Bank / Las Colinas, Irving, Texas, proposed
merger with BankTexas National Association,
Houston, Texas — report on competitive factors.
Submitted, July 6, 1992.

Richmond

Jefferson National Bank, Charlottesville, Virginia,
proposed merger with Jefferson Interim National
Bank — report on competitive factors.
Submitted, July 8, 1992.

New York

Lakeview Savings Bank, SLA, Paterson, New Jersey,
proposed purchase of certain assets and assumption
of certain liabilities of the 177 Market Street,
Paterson, New Jersey, branch of Polifly Savings and
Loan Association, Milford, New Jersey — report on
competitive factors.
Submitted, July 9, 1992.

H .2
JULY 6, 1992
PAGE 10

TO

JULY 11,

1992

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

EXTENSIONS OF TIME
Atlanta

Central Bank of the South, Birmingham, Alabama —
extension to October 17, 1993, to establish a
branch at Section 21, Township 4 South, Range 2
West, Madison, Alabama.
Granted, July 8, 1992.

Chicago

Comerica Bank - Detroit, Detroit, Michigan —
extension to October 19, 1992, to merge with
Manufacturers Bank, National Association, to
establish branches, and to invest in bank premise
Granted, July 7, 1992.

Chicago

Midlothian State Bank Employees Stock Ownership
Trust, Midlothian, Illinois — extension to
October 28, 1992, to acquire shares of Midlothian
State Bank.
Granted, July 10, 1992.

New York

People’s Mutual Holdings, Bridgeport, Connecticut extension to divest certain property.
Granted, July 6, 1992.

Atlanta

SunTrust Banks, Inc., Atlanta, Georgia — extension
to October 27, 1992, to acquire BHC Holdings, Inc
Philadelphia, Pennsylvania, and engage in
securities brokerage activities.
Granted, July 10, 1992.

INTERNATIONAL OPERATIONS
Secretary

First Interstate Overseas Investment, Inc., Los
Angeles, California — to extend corporate
existence to November 27, 2013.
Granted, July 7, 1992.

RESERVE BANK SERVICES




Director, FRBO

Federal Reserve Bank of Dallas — to implement a
Payor Bank Services Group Sort.
Approved, July 8, 1992.

H .2
JULY 6, 1992
PAGE 11

TO

JULY 11,

1992

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

RESERVE BANK SERVICES




Director, FRBO

Federal Reserve Bank of Richmond — to consolidate
its noncash collection functions at the
Jacksonville Branch of the Federal Reserve Bank of
Atlanta and at the Federal Reserve Bank of
Cleveland.
Approved, July 6, 1992.

H .2

ADDITIONS AND CORRECTIONS

JULY 6, 1992
PAGE 12

TO

JULY 11,

1992

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

REGULATIONS AND POLICIES
Real estate underwriting standards — uniform
regulations prescribing standards for real estate
lending as required by the Federal Deposit
Insurance Corporation Improvement Act of 1991.
Proposed, May 21, 1992.
Safety and soundness — advance notice of proposed
rulemaking to implement safety and soundness
standards in the Federal Deposit Insurance
Corporation Improvement Act of 1991.
Approved, May 21, 1992.
RESERVE BANK SERVICES
Priced services — factors for evaluating withdrawal
from a priced service line (Docket R-0767) and
withdrawal from the priced definitive securities
safekeeping service (Docket R-0768).
Proposed, June 3, 1992.

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

CHANGE IN BANK CONTROL




Minneapolis

Cando Holding Company, Inc., Cando, North Dakota —
change in bank control.
Permitted, July 3, 1992.

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

Application

Comment Period Ending Date
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 r v e B a n k o f New Y o r k

Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
___________ Notice Only___________
None.
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None.
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
The Bank of New York Company, Inc., New York, New York to
engage in community development activities with respect to
qualified low income housing improvement projects and
related commercial facilities through a limited partner­
ship investment in New York Equity Fund 1992 Limited
Partnership.
8/3/92
Skandinaviska Enskilda Banken, Stockholm, Sweden,
through its wholly owned subsidiary, Enskilda Securities
Inc., New York, New York, to act as agent in the private
placement of all types of securities, including providing
related advisory services and to buy and sell all types
of securities on the order of investors as a riskless
principal.

8/10/92

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 11. 1992
NAME OF BANK

RATING

EXAMINATION DATE

None.

1/
2/
3/
4/

Subject to provisions of Community Reinvestment Act.
Later of dates specified in newspaper and Federal Register notices.
Date specified in newspaper notice; a later date may be specified in
the Federal Register notice.
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
Commonwealth Bank, Williamsport, PA
proposes to relocate a branch office
from 1 Oswayo Street, Shinglehouse, PA
to 51 Academy Street, Shinglehouse, PA
(a distance of approx. 3/4 of a mile).
In connection with this relocation,
the bank has also requested permission
to make an additional investment of $625
thousand in bank premises, pursuant to
Section 24A of the Federal Reserve Act.

8/7/92

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND
FEDERAL REGISTER NOTICE
Comment Period Ending Date
NONE.

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Comment Period Ending Date
None.

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
CCNB Corporation. Camp Hill, PA requests
approval pursuant to Section 5(d)(3) of
the FDIA as amended by FDICIA in connection
with the merger of Parent Federal Savings
Bank, Lancaster, PA into CCNB Bank, Camp Hill, PA.
Received:

6/30/92

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 10, 1992.
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 moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining and helping
to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascertaining
and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascertaining
and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Bank/Location
First Capitol Bank
York, PA




Examination Date
4/23/92

CRA Rating
Satisfactory

Federal

R e s e r v e B a n k of C l e v e l a n d

Applications Bulletin
For Week Ending July 11, 1992

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
Received application from Fifth Third
Bank, Cincinnati, Ohio, for permission
to establish CBCT branches at 3414
Brookpark Road, Cleveland, Ohio, and
34700 Vine Street, Eastlake, Ohio.

* July 20, 1992

Received OAKAR application from Belmont
Bancorp, Bridgeport, Ohio, on June 26,
1992, to acquire three New Phildelphia,
Ohio, branches of Diamond Savings and
Loan Company, Findlay, Ohio, and merge
them into its wholly-owned bank subsidiary,
Belmont National Bank, St. Clairsville,
Ohio.

* July 18, 1992

Received application from KSB Bank,
Killbuck, Ohio on July 7, 1992, to merge
with The Killbuck Savings Bank Company,
Killbuck, Ohio.

* Not Yet Known

Received application from The Killbuck
Savings Bank
Company, (formerly KSB Bank)
Killbuck, Ohio, on July 7, 1992, to become
a member of the Federal Reserve System.
Received application from The Exchange Bank,
Luckey, Ohio, on May 4, 1992, for permission
to establish a branch at 940 Clarion Avenue,
Holland, Ohio.

*
N
F
#

-

Subject to CRA
Newspaper Comment Period
Federal Register Comment Period
Expected to end approximately 30 days from
date of application's receipt.




Not Yet Known

* July 18, 1992

Federal

R e s e r v e B a n k of

Cleveland

Applications Bulletin
For Week Ending July 11, 1992
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Received Section 3(a) (3) and Section
3( a ) (5)
applications from PNC Financial
Bancorp, Pittsburgh, Pennsylvania, on June
30, 1992, to acquire CCNB Corporation, Camp
Hill, Pennsylvania.

* F: August 7, 1992

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Received Section 3( a ) (1) application from
Killbuck Bancshares, Inc., Killbuck, Ohio,
on July 7, 1992, to acquire The Killbuck
Savings Bank Company (formerly KSB Bank),
Killbuck, Ohio.

* Not Yet Known #

Received Section 3( a ) (3) application from
Killbuck Bancshares, Inc., Killbuck, Ohio,
on July 7, 1992, to acquire The Killbuck
Savings Bank Company (formerly KSB Bank),
Killbuck, Ohio.

* Not Yet Known #

Received Section 3 ( a ) (1) application from
U.K. Bancorporation, Inc., Falmouth,
Kentucky, on July 3, 1992, to acquire United
Kentucky Bank of Pendleton County, Falmouth,
Kentucky

*
N
F
#

-

* F: August 6, 1992

Subject to CRA
Newspaper Comment Period
Federal Register Comment Period
Expected to end approximately 30 days from the
date of receipt of the
application.




Federal

R e s e r v e B a n k of C l e v e l a n d

Applications Bulletin
For Week Ending July 11, 1992
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Received Section 4(c) (8) applications from
PNC Financial Bancorp, Pittsburgh, Pennsylvania,
on June 30, 1992, to acquire the non-bank
subsidiaries of CCNB Corporation, Camp Hill,
Pennsylvania.

August 7, 1992

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER
NOTICE OR NEWSPAPER NOTICE

Received request from Security Dollar Bank, Niles, Ohio, on July 7,
1992, for permission to exceed its limit of investment in bank
premsises permitted under Section 24A of the Federal Rserve Act.




Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

Bank of McKenney, McKenney, Virginia,
to establish an Electronic Funds
Transfer Facility in the Thrift Mart
Truck Plaza at 5420 Boydton Plank
Road, Petersburg, Virginia.*

8-1-92

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

First Union Corporation, Charlotte,
North Carolina, to acquire up to 15%
of the voting shares of Southeast
Switch, Inc., Maitland, Florida.

Not yet available.

Wachovia Corporation, Winston-Salem,
North Carolina, to acquire up to 15%
of the voting shares of Southeast
Switch, Inc., Maitland, Florida.

Not yet available.

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

*Application is subject to CRA requirements.



Comment Period Ending Date

Federal Reserve Bank of Richmond
Availability of CRA Public Evaluations
Week ending July 10, 1992

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

4-27-92

Satisfactory

Bank of Loudoun
30 Catoctin Cir.
Leesburg, Virginia 22075

4-27-92

Satisfactory

Bank of Ripley
108 N. Church Street
Ripley, West Virginia

4-28-92

Satisfactory

Pee Dee State Bank
115 Main Street
Timmonsville, South Carolina




25271

29161

F e d e r a l R e s e r v e B a n k of A t l a n t a
A p p l i c a t i o n s B u l l e t i n for W e e k E n d i n g J u l y 10.

1992

Section 1 - Applications Subject to Newspaper Notice Only

Application

Comment Period Ending Date

Singer & Friedlander, Limited
London, England
To establish a representative office
in Miami, Florida.

Not yet available*

Section 2 - Applications Subject To Both
Newspaper and Federal Register Notice
Application

Comment Period Bnding Date

Barnett Banks, Inc.
Jacksonville, Florida
To acquire 7L Corporation, Tampa,
Florida and its subsidiary, First
Florida Banks, Inc., Tampa, Florida.

08-07-92*
Federal Register

Florida Security Holding Corporation
Orlando, Florida
Change in control by James L. Hewitt to
acquire an additional 4 percent of the
outstanding shares of common stock. The
acquisition will increase his ownership
to 26.4 percent.

07-30-92*
Federal Register

Section 3 - Applications Subject to Federal
Register Notice Only

Application

Comment Period Ending Date

Jefferson Bancorp, Inc.
Miami Beach, Florida
To engage de novo in accounts receivable
financing, mortgage financing, factoring,
and servicing loans, and other extensions
of credit, pursuant to Section 225.25(b)(1)
of Regulation Y.

Not yet available

♦ S u b j e c t to P r o v i s i o n s of the Commu n i t y R e i n v e s t m e n t Act.




Federal R e s e r v e B a n k of A t l a n t a
A p p l i c a t i o n s B u l l e t i n for W e e k E n d i n g J u l y 10.

1992

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice

Application
None.

♦Subject




to P r o v i s i o n s of the C o m m u n i t y R e i n v e s t m e n t Act.

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

10.

1992

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 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
lowand
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 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 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 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

None.




Rating

Date

Federal Reserve Bank of Chicago
Section I

-

Applications Subject to New s p a p e r
Notice Onl y
Comment P e r i o d
E n d i n g Dat e

Type

Application

Oakar

Amer i c a n National Bank and Trust C o m p a n y
o f Muncie
Muncie, Indiana
Muncie Federal Savings B ank
M u n c i e , Indiana*

N

Merger/
Branches

B a n k One, Champaign-Urbana
Champaign, Illinois
B a n k One, Monticello
Monticello, Illinois
100 W. Washington
Monticello, Illinois
219 W. Center
Monticello, Illinois
220 N. Highway Avenue
Deland, Illinois*

N

Branch

First of America B a n k - West Mich i g a n
Gra n d Rapids, Michigan
S W Corner of Kalamazoo A v e n u e &
60th Street
Gaines Township, Michigan*

N

- **

Merger/
Branch

DeMotte State Bank
DeMotte, Indiana
Knox, Indiana branch of Ameritrust
National Bank, Elkhart, Indiana
Branch at 307 Carlson Drive
Knox, Indiana*

N

- 7-27-92

Type

Section II - Applications Subject to Both N e w s p a p e r and Federal
Register Notice
Comment P e r i o d
Application
Ending Date

Y-2

Coal City Corporation
Coal City, Illinois
Manufacturers National Corporation
Chicago, Illinois
Manufacturers Bank
Chicago, Illinois*

FR - 8-3-92
N
- **

Y-l

N o r t h Bank Corporation
Hale, Michigan
Farmers & Merchants State B a n k o f Hale
Hale, Michigan*

FR - 8-6-92
N
- **




Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice
(continued)
Tvoe

Appl i c a t i o n

Y-2

First b a n k of Illinois Co.
S p r i n g f i e l d , Illinois
First H i g h l a n d Corp.
Highland, Illinois
The First National Bank of Highland
Highland, Illinois*

Comment Period
Ending Date
FR - **
N
- 7-24-92

Section III - Applic a t i o n s Subject to Federal R e g i s t e r
Notice Only
Comment Period
Ending Date

Tvoe

Appl i c a t i o n

Y-4

Fi r s t a r Corporation
Milwaukee, Wisconsin
Elan Life Insurance Company
Milwaukee, Wisconsin

FR - 8-3-92

4(c)(8)

Lincolnshire Bancshares, Inc.
Lincolnshire, Illinois
To p u r c h a s e participations from their
b a n k i n g s u bsidiary

FR - 8-3-92

4(c) (8)

Continental Mor t g a g e Corporation
F R - **
Maywood, Illinois
Continental Mortgage Banking Corporation
Maywood, Illinois - business of
originating, processing and funding 1-4 f a m i l y
residential mortgages

Section I V - Applic a t i o n s Not Subject to Federal R e g i s t e r or Newspaper
Notice
Type

Applic a t i o n

None

N
FR
*
**

-

New s p a p e r
Federal R e g i s t e r
Subject to Provisions o f Community Reinvestment A c t
Not available at this time




AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following state member banks 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 10, 1992.
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
-NONE




EXAMINATION DATE

RATINGS

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING JULY 10, 1992

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

None.

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application

End of Comment Period

None.

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




FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri

AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f meeting community credit needs
A n institution in this group has an outstanding record of, and is a leader in, ascertaining and helping
to m eet the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record o f m eeting community 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 im prove record o f meeting community credit needs
A n institution in this group needs to improve its overall record o f ascertaining and helping to m eet
the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Substantial noncom pliance in meeting com m unity credit needs
A n institution in this group has a substantially deficient record o f ascertaining and helping to m eet
the credit needs o f its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.

FOR THE WEEK ENDING

Name of Bank

July 10, 1992

Examination
Date

Bank Address

United Missouri Bank
Northeast

210 North Main
Monroe City, Missouri

State Bank of Farina

P. 0. Box 246
Farina, Illinois




Examination
Rating

4-6-92

Outstanding

4-13-92

Satisfactory

63456

62838

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

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

Application
Farmers State Bank of Worden
Worden, MT
To acquire, via merger, the
First National Bank in Hysham,
Hysham, MT

7-17-92

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Comment Period
Ending Date

Application
Verle and Jo Ann Burgason
To acquire control of 70% of Wabeno
Bancorporation, Inc., Venice, FL

8-3-92
(Federal Register)

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

Application
None.

Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Rockford Bancorporation, Inc.
Rockford, MN
To redeem 19.75% of its voting
shares.
*

* Subject to CRA



FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending July 10, 1992
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of,
and is a leader in, ascertaining and helping to meet the
credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and 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
Farmers & Merchants Bank
& Trust Co.
P. 0. Box 1210
Aberdeen, SD 57401
(605) 225-5611



DATE OF EXAMINATION
March 23, 1992

CRA RATING
Satisfactory

Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

Patrick T. Rooney, Oklahoma City,
Oklahoma, for prior approval to
increase his proportionate ownership
interest in Charter Bancshares, Inc.,
Oklahoma City, Oklahoma, by 11.26
percent to 28.10 percent.

Not Available

LoLyn Financial Corporation, Lee's
Summit, Missouri, for prior approval
to become a bank holding company
through the acquisition of 80 percent
of the voting shares of Community
Bank of Raymore, Raymore, Missouri.*

Not Available

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
APPLICATION

COMMENT PERIOD ENDING DATE

None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None.
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:




Federal Reserve Bank of Kansas City

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.
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 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

Pueblo Boulevard Bank
P.O. Box 2399
Pueblo, Colorado 81005

*Application is subject to CRA.




4-13-92

CRA Public
Date
7-09-92

CRA
Rating
Satisfactory

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF JULY 6, 1992
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

Oakar Application by
Lamesa National Corporation, Lamesa, TX (The Lamesa
National Bank, Lamesa, TX), to acquire Bluebonnet Savings
Bank, F.S.B., Lamesa, TX Branch

92/07/24

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

** NOTICE EXP

Change in Control Notice by
Joe C. Denman, Jr., Lufkin, TX, to acquire an
interest in Diboll State Bancshares, Inc., Diboll, TX
(Previously reported during the week of 6-8-92)

92/07/09

Change in Control Notice by
A1 E. Birdwell, Houston, TX, to acquire an interest
in Tomball National Bancshares, Inc., Tomball, TX

N/A

Change in Control Notice by
Puckett Willis and Rose Parker Willis, Winnfield, LA, to
acquire an interest in Winn Bancshares, Inc., Winnfield, LA

N/A

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

NOTICE EXP

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

* SUBJECT TO CRA.
** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY
N/A - NOT AVAILABLE AT THIS TIME.




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF JULY 6, 1992

Outstanding record of meeting community credit needs.
An institution in this group has an outstanding
leader in, ascertaining and helping to meet the
entire
delineated community,
including
lowneighborhoods,
in a manner
consistent with
capabilities.

record of, and is a
credit needs of its
and
moderate-income
its
resources
and

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 thecredit 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 thecredit needs of
its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.

Bank
Sanger Bank
P. 0. Box 1108
501 N. Stemmons
Sanger, Texas 76266




Date of
Examination

92/04/13

CRA Rating

Outstanding

FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 7/10/92

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

Kjell H. Qvale, San Francisco, California,
to acquire 10,000 newly issued Series B
preferred shares of Marin National Bancorp,
San Rafael, California.

Newspaper:

8/24/92

Fed. Reg.:

Not available

Frank and Rosaline Kiang, Oakland, California,
to increase ownership from 24.9 percent to
41 percent of Met Financial Corporation,
Oakland, California.

Newspaper:

7/18/92

Fed. Reg.:

8/03/92

Western Washington Bancorp, Federal Way,
Washington, to become a bank holding
company by acquiring Washington State
Bank (In Organization), Federal Way,
Washington. *

Newspaper:

8/10/92

Fed. Reg.:

Not available

Section III - Applications Subject to Federal Register Notice Only

None

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

* Subject to CRA



FEDERAL RESERVE BANK OF SAN FRANCISCO (cont’d.)

Week ending 7/10/92
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending July 10, 1992. Information about a particular institution’s
CRA evaluation may be obtained directly from the institution.
Institution

Location

Tehama County Bank

237 South Main St.
Red Bluff, CA 96080
Tel- (916) 529-0-136

Examination Date
3/30/92

Rating*
Outstanding

* 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 noncompliance in meeting community credit needs: An institution
has a substantially deficient record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- to 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