View original document

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

ANNOUNCEMENT

H.2, 1993, NO. 29
its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
Week Ending July 17, 1993

RESEARCH LIBfcfcttfcms of the Board,

BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

g

ACTIONS TAKEN BY THE BOARD-^GOVERNORS;,.hr;

OF CLEVELAND______________________________________

TESTIMONY AND STATEMENTS
Monetary policy objectives -- --statement by Chairman
Greenspan before the House Committee on Banking,
Finance and Urban Affairs, July 20, and the Senate
Committee on Banking, Housing, and Urban Affairs,
July 22, 1993.
Authorized, July 16, 1993.
BANK HOLDING COMPANIES




Banc One Corporation, Columbus, Ohio, and Banc One
Colorado Corporation, Denver, Colorado - - t o
acquire Colorado Western Bancorp, Inc., Montrose,
Colorado, and The First National Bank of Montrose.
Approved, July 12, 1993.
First Financial Corporation, Terre Haute, Indiana -to merge with Parke Bancorp, Rockville, Indiana,
and acquire Parke State Bank.
Approved, July 12, 1993.
National Commerce Bancorporation, Memphis,
Tennessee -- to acquire First Federal Savings Bank,
Belzoni, Mississippi, and to engage in credit
related insurance activities.
Approved, July 12, 1993.
Norwest Corporation, Minneapolis, Minnesota -- to
acquire M & D Holding Company, Spring Lake Park,
Minnesota, and First State Bank of Spring Lake
Park.
Approved, July 14, 1993.
Pinnacle Bancorp, Inc., Central City, Nebraska -- to
acquire Windsor Bancorporation, Inc., Windsor,
Colorado, and Bank of Windsor, and for the bank to
merge with The First Security Bank of Windsor.
Approved, July 12, 1993.
Rice Insurance Agency, Inc., Strasburg, Colorado -to acquire The Byers State Bank, Byers, Colorado.
Approved, July 14, 1993.
SouthTrust Corporation, Birmingham, Alabama, and
SouthTrust of Covington County, Inc., Opp,
Alabama -- to acquire County Bancshares, Inc.,
Tory, Alabama, and Pike County Bank.
Approved, July 14, 1993.

H.2
JULY 12, 1993
PAGE 2

TO

JULY 16, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

ENFORCEMENT
American Pacific Bank, Aumsville, Oregon -- written
agreement dated July 7, 1993, with the Federal
Reserve Bank of San Francisco, and The
Administrator of the Division of Finance and
Corporated Securities of the State of Oregon.
Announced, July 13, 1993.
Glendale Bancorporation, Voorhees, New Jersey -written agreement dated July 7, 1993, with the
Federal Reserve Bank of Philadelphia.
Announced, July 13, 1993.
REGULATIONS AND POLICIES
Monetary policy report to Congress.
Authorized, July 14, 1993.
Regulation DD -- consideration of exemption of
certain advertising promotions involving bonuses.
Discussed, July 14, 1993.
Regulation DD -- amendment to change the rule for
calculating the annual percentage yield for certain
time deposits.
Proposed, July 14, 1993.
RESERVE BANK OPERATIONS
Federal Reserve Bank of New York -- appointment of
William J. McDonough as President, effective
July 19, 1993.
Approved, July 16, 1993.
RESERVE BANK SERVICES




Fedwire operating hours -- postponement of final
action to modify operating hours of Fedwire funds
transfer service.
Approved, July 14, 1993.

H.
2
JULY 12, 1993
PAGE 3

TO

JULY 16, 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
Chicago

Chemical Bank Bay Area, Bay City, Michigan - - t o
establish an offsite electronic facility at 4101
Wilder Road, Bay City, Michigan.
Approved, July 16, 1993.

Cleveland

Fifth Third Bank, Columbus, Ohio -- to establish a
branch at 6935 Main Street, Reynoldsburg, Ohio.
Approved, July 16, 1993.

BANK HOLDING COMPANIES




Dallas

Bancshares Delaware, Inc., Wilmington, Delaware -- to
acquire Omnibank, National Association, Houston,
Texas.
Approved, July 14, 1993.

Richmond

BB&T Financial Corporation, Wilson, North Carolina -to acquire Southeast Switch, Inc., Maitland,
Florida.
Approved, July 15, 1993.

Kansas City

Central Mortgage Bancshares, Inc., Kansas City,
Missouri - - t o acquire Blue Springs Bank, Blue
Springs, Missouri.
Approved, July 16, 1993.

H .2
JULY 12, 1993
PAGE 4

TO

JULY 16, 1993

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

BANK HOLDING COMPANIES




Dallas

C.F.S., Inc., Wilmington, Delaware - - t o acquire
Cattlemen’s State Bank, Austin, Texas.
Approved, July 14, 1993.

Chicago

First Community Financial Corporation, Elgin,
Illinois -- to acquire First Community Bank.
Approved, July 15, 1993.

Atlanta

First State Bancshares of DeKalb County, Inc., Fort
Payne, Alabama -- to acquire First State Bank of
DeKalb County.
Approved, July 16, 1993.

Kansas City

FNBT Bankshares Perry, OK., Perry, Oklahoma -- to
establish a Cherokee Cash Outlet, Inc., and engage
in lending activities.
Withdrawn, July 16, 1993.

Dallas

Independent Bankshares, Inc., Abilene, Texas -- to
acquire Winters State Bank, Winters, Texas.
Approved, July 16, 1993.

Dallas

Independent Financial Corp., Dover, Delaware -- to
acquire First State Bank, N.A., Abilene, Texas,
First State Bank, N.A., Odessa; and First National
Bank in Stamford, Stamford, Texas.
Approved, July 13, 1993.

Dallas

Independent Financial Corp., Dover, Delaware -- to
acquire Winters State Bank, Winters, Texas.
Approved, July 16, 1993.

Kansas City

Lansing Financial Corporation, Lansing, Kansas - - t o
acquire The First State Bank of Lansing.
Approved, July 16, 1993.

Chicago

Marshall & Ilsley Corporation, Milwaukee, Wisconsin
- to acquire certain data processing activities of
Barnett Bank, Inc., Jacksonville, Florida, through
M&I Data Services, Inc., Milwaukee, Wisconsin.
Returned, July 14, 1993.

H.2
JULY 12, 1993
PAGE 5

TO

JULY 16, 1993

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

BANK HOLDING COMPANIES




St. Louis

Mercantile Bancorporation Inc., St. Louis, Missouri - to acquire M t . Vernon Bancorp, Inc., Mt Vernon,
Illinois, and First Bank and Trust Company.
Approved, July 15, 1993.

San Francisco

Mutual Bancshares, Everett, Washington -- to acquire
Everett Mutual Savings Bank.
Approved, July 14, 1993.

Minneapolis

Northeast Bancorp, Inc., Brandon, South Dakota -- to
acquire Wilmot State Bank, Wilmot, South Dakota.
Approved, July 13, 1993.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota, and
Norwest Colorado, Inc., Denver, Colorado -proposal that Norwest Bank Denver, N.A., purchase
certain assets and assume certain liabilities of
First Nationwide Bank, FSB, San Francisco,
California.
Approved, July 15, 1993.

Kansas City

Nowata Bancshares, Inc., Nowata, Oklahoma -- to
acquire The First National Bank of Nowata.
Approved, July 14, 1993.

Atlanta

Peoples State Bancshares, Inc., Grant, Alabama -- to
engage de novo in lending activities through Gunter
Mountain Finance, Inc.
Permitted, July 14, 1993.

Chicago

Smithdown Investments, Inc., Lake Forest, Illinois -to acquire Hinsdale Bank & Trust Company, Hinsdale,
Illinois.
Returned, July 15, 1993.

St. Louis

Union Planters Corporation, Memphis, Tennessee -- to
acquire Central State Bancorp, Inc., Lexington,
Tennessee, and Central State Bank.
Approved, July 12, 1993.

Director, BS&R

USbancorp Trust Company, Johnstown, Pennsylvania
transfer agent registration.
Approved, July 14, 1993.

H.2
JULY 12, 1993
PAGE 6

TO

JULY 16, 1993

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

BANK HOLDING COMPANIES
Dallas

Western Bancshares, Inc., Van Horn, Texas - - t o
acquire First State Bank, Loraine, Texas.
Approved, July 13, 1993.

Minneapolis

Wisconsin Bancshares, Inc., Newport, Minnesota -- to
acquire Security Bancorporation, Inc.
Approved, July 16, 1993.

BANK PREMISES
Kansas City

Community Bank and Trust, Neosho, Missouri -investment in bank premises.
Approved, July 12, 1993.

Chicago

First Community Bank, Harbor Springs, Michigan -investment in bank premises.
Approved, July 15, 1993.

Kansas City

Mountain Parks Financial Corporation, Minneapolis,
Minnesota - - t o acquire Mountain Parks Data Corp.,
Golden, Colorado, and engage in data processing
activities.
Approved, July 12, 1993.

Cleveland

Security Dollar Bank, Niles, Ohio -- investment in
bank premises.
Approved, July 15, 1993.

New York

United States Trust Company of New York, New York,
New York -- investment in bank premises.
Approved, July 12, 1993.

CAPITAL STOCK




Kansas City

Mountain Parks Financial Corporation, Minneapolis,
Minnesota -- redemption of shares.
Approved, July 12, 1993.

Chicago

Peotone Bancorp, Inc., Peotone, Illinois -redemption of shares.
Approved, July 15, 1993.

H.2
JULY 12, 1993
PAGE 7

TO

JULY 16, 1993

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

CAPITAL STOCK
Kansas City

Rice Insurance Agency, Inc., Strasburg, Colorado -redemption of shares.
Approved, July 15, 1993.

Chicago

Wabeno Bancorporation, Altoona, Iowa -- redemption of
shares.
Permitted, July 15, 1993.

CHANGE IN BANK CONTROL




Atlanta

Cameron Bancshares, Inc., Cameron, Louisiana -change in bank control.
Permitted, July 12, 1993.

Chicago

Cascade Bancorporation, Inc., Venice, Florida -change in bank control.
Permitted, July 15, 1993.

Chicago

Corydon Bancorporation, Corydon, Iowa -- change in
bank control.
Permitted, July 16, 1993.

Chicago

Elcho Bancorporation, Inc., Altoona, Iowa -- change
in bank control.
Permitted, July 15, 1993.

Kansas City

International Bancshares, Inc., Gladstone, Missouri - change in bank control.
Permitted, July 14, 1993.

Dallas

Metroplex Bancshares, Inc., Dallas, Texas -- change
in bank control.
Permitted, July 14, 1993.

Kansas City

Nodaway Valley Bancshares, Inc., Maryville, Missouri
change in bank control.
Permitted, July 12, 1993.

San Francisco

North Cascades Bancshares, Inc., Chelan, Washington - change in bank control.
Permitted, July 12, 1993.

H.2
JULY 12, 1993
PAGE 8

TO

JULY 16, 1993

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

CHANGE IN BANK CONTROL
Kansas City

Rice Insurance Agency, Inc., Strasburg, Colorado -change in bank control.
Permitted, July 15, 1993.

San Francisco

S&S Holding Company, Boise, Idaho -- change in bank
control.
Permitted, July 14, 1993.

San Francisco

San Francisco Holding Company, San Francisco,
California -- change in bank control.
Returned, July 14, 1993.

Atlanta

University State Bank Corporation, Tampa, Florida -change in bank control.
Permitted, July 14, 1993.

Dallas

Waskom Bancshares, Inc., Waskom, Texas -- change in
bank control.
Permitted, July 14, 1993.

COMPETITIVE FACTORS REPORTS




Chicago

First Financial Bancorp, Inc., Belvidere, Illinois,
proposed acquisition of First Federal Savings and
Loan Association of Belvidere -- report on
competitive factors.
Submitted, July 14, 1993.

Chicago

First Mutual Bank, S. B., Decatur, Illinois, a mutual
savings bank, proposed transfer of substantially
all of its assets and liabilities to First Mutual
Bank, S. B., a stock savings bank -- report on
competitive factors.
Submitted, July 14, 1993.

Richmond

First-Citizens Bank & Trust Company, Raleigh, North
Carolina, proposed merger with Pioneer Interim
Bank, Rocky Mount, North Carolina -- report on
competitive factors.
Submitted, July 14, 1993.

H .2
JULY 12, 1993
PAGE 9

TO

JULY 16, 1993

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

COMPETITIVE FACTORS REPORTS




Chicago

Firstar Naper Bank, National Association, Naperville,
Illinois, proposed merger with Firstar Bank Geneva,
National Association, Geneva, Illinois -- report on
competitive factors.
Submitted, July 12, 1993.

Dallas

Guaranty Bank, Mount Pleasant, Texas, proposed merger
with the Bogata, Texas, branch of Peoples National
Bank-Paris, Paris, Texas -- report on competitive
factors.
Submitted, July 13, 1993.

Dallas

Jacksonville Savings and Loan Association,
Jacksonville, Texas, proposed reorganization to a
mutual holding company -- report on competitive
factors.
Submitted, July 15, 1993.

Chicago

M&I Central State Bank, Ripon, Wisconsin, proposed
merger with M&I Western State Bank, Oshkosh,
Wisconsin -- report on competitive factors.
Submitted, July 12, 1993.

Cleveland

Middlesboro Federal Bank, FSB, Middlesboro, Kentucky,
proposed stock conversion under a mutual holding
company structure -- report on competitive factors.
Submitted, July 12, 1993.

Chicago

Norwest Bank Wisconsin, National Association,
Milwaukee, Wisconsin, proposed merger with
University Bank, Green Bay, Wisconsin -- report on
competitive factors.
Submitted, July 12, 1993.

Minneapolis

Norwest Interim Bank, N.A., Spring Lake Park,
Minnesota, proposed merger with First State Bank -report on competitive factors.
Submitted, July 16, 1993.

H.2
JULY 12, 1993
PAGE 10

TO

JULY 16, 1993

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

COMPETITIVE FACTORS REPORTS
Boston

OTS Sun Life Assurance Company of Canada, Toronto,
Ontario, Canada, and Sun Life Assurance Company of
Canada (U.S.), Wellesley Hills, Massachusetts (Sun­
i .S.), proposed acquisition of Danielson Federal
l
Savings and Loan Association, Danielson,
Connecticut, through a merger with The New London
Trust Company, New London, New Hampshire -- report
on competitive factors.
Submitted, July 16, 1993.

Richmond

Standard Bank & Trust Company, Dunn, North Carolina,
proposed acquisition of two branches of NationsBank
of North Carolina, N.A., Charlotte, North
Carolina -- report on competitive factors.
Submitted, July 12, 1993.

Cleveland

Trumbull Savings and Loan Company, Warren, Ohio,
proposed purchase of two branches of World Savings
and Loan Association, Stuebenville, Ohio -- report
on competitive factors.
Submitted, July 15, 1993.

Dallas

Victoria Bank & Trust, Victoria, Texas, proposed
merger with the Richmond branch of Texas Commerce
Bank National Association, Houston, Texas -- report
on competitive factors.
Submitted, July 12, 1993.

EXTENSIONS OF TINE




San Francisco

First Interstate Bancorp, Los Angeles, California -extension to divest certain property.
Granted, July 16, 1993.

Minneapolis

First Interstate BancSystem of Montana, Billings,
Montana -- extension to October 1, 1993, to acquire
Commerce BancShares of Wyoming, Inc., Sheridan,
Wyoming.
Granted, July 13, 1993.

Atlanta

Kislak Financial Corporation, Miami Lakes, Florida -extension to October 14, 1993, to acquire Kislak
National Bank.
Granted, July 13, 1993.

H.2
JULY 12, 1993
PAGE 11

TO

JULY 16, 1993

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

EXTENSIONS OF TIME
Chicago

Midlothian State Bank Employee Stock Ownership Trust,
Midlothian, Illinois -- extension to October 12,
1993, to acquire Midlothian State Bank.
Granted, July 14, 1993.

Atlanta

Volunteer State Bancshares, Inc., Portland, Tennessee
extension to October 15, 1993, to redeem shares.
Granted, July 14, 1993.

Chicago

Hinsdale Bank & Trust Company, Hinsdale, Illinois
to become a member of the Federal Reserve System.
Returned, July 15, 1993.

Kansas City

MegaBank of Arapahoe, Englewood, Colorado - - t o
become a member of the Federal Reserve System.
Withdrawn, July 12, 1993.

MEMBERSHIP

RESERVE BANK OPERATIONS
Director, FRBO

Federal Reserve Bank of Minneapolis - - t o acquire
check imaging system.
Approved, July 16, 1993.

RESERVE BANK SERVICES




Director, BS&R

Federal Reserve Bank of St. Louis -- to restructure a
number of check prices and deadlines at the main
office.
Approved, July 15, 1993.

H .2
JULY 12, 1993
PAGE 12

ADDITIONS AND CORRECTIONS
TO

JULY 16, 1993

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

BANK BRANCHES. DOMESTIC
Chicago

Farmers State Bank, Poy Sippi, Wisconsin - - t o
establish a branch at 216 North Main Street,
Seymour, Wisconsin.
Approved, July 6, 1993.

COMPETITIVE FACTORS REPORTS
Chicago

Eastbrook State Bank, Brookfield, Wisconsin, proposed
purchase of the assets and assumption of the
liabilities of the Waukesha, Wisconsin, branch of
North Shore Bank, FSB, Brookfield, Wisconsin -reports on competitive factors.
Submitted, July 8, 1993.

EXTENSIONS OF TIME




St. Louis

First Staunton Bancshares, Inc., Staunton, Illinois - proposal that First National Bank in Staunton,
Staunton, Illinois, be granted until July 12, 1993,
to purchase certain assets and assume certain
liabilities of Benld Loan Association, Benld,
Illinois.
Granted, July 2, 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:
"O" - Outstanding; "S" - Satisfactory;
- Needs to Improve; "SN" - Substantial Noncompliance.
Institution




Examination Date
NONE

"N"

Rating*




*Subject to CRA

Federal Reserve Bank of New York
Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
___________ Notice Only___________
None
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None*
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)

None,
SECTION IV
Applications Not Involving
______ Public Comment______
Republic International Bank of New York, Miami, Florida to
establish an initial foreign branch in the Cayman Islands.




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 17, 1993
NAME OF BANK

RATING

EXAMINATION DATE

None.
If

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
None.

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 Period Expires:
Newspaper Comment Period Expires:

7/20/93
7/19/93

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

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

None.

1/ Subject to provisions of Community Reinvestment Act.
* N/A - not yet available.




FEDERAL RESERVE BANK OF 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 16, 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 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




Examination Date

CRA Rating

Federal Reserve Bank of Cleveland
Applications Bulletin
For Week Ending July 17, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
NONE
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Received Section 3 ( a ) (5) application from
* F: August 13, 1993
Banc One Corporation and Banc One Beta
Corporation, both of Columbus, Ohio, on
July 12, 1993, to acquire Firstier Financial,
Inc., Omaha, Nebraska.
Received Section 3 ( a ) (5) application from
* F: August 13, 1993
Banc One Corporation, Columbus, Ohio, and
Banc One Oklahoma Corporation, Oklahoma City,
Oklahoma, on July 12, 1993, to acquire
Central Banking Group, Inc., Oklahoma City,
Oklahoma.
Received Section 3 ( a ) (1) application from
PHSB Mutual Holding Company, Beaver Falls,
Pennsylvania, on July 9, 1993, to acquire
Peoples Home Savings Bank, Beaver Falls,
Pennsylvania.

* August 12, 1993

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Received Section 4 ( c ) (8) application from Banc
One Corporation and Banc One Beta Corporation,
both of Columbus, Ohio, on July 12, 1993, to
acquire Firstier Mortgage Company and Firstier
Insurance, Inc., both of Omaha, Nebraska, and
to acquire Wyoming Trust & Management Co.,
Gillette, Wyoming.

*
N
F
#

-

August 13, 1993

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 17, 1993
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY

Received Section 4 ( c ) (8) application from Banc
One Corporation, Columbus, Ohio, and Banc One
Oklahoma Corporation, Oklahoma City, Oklahoma,
on July 14, 1993, to acquire Central Financial
Life Insurance Company, Phoenix, Arizona.

August 13, 1993

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Received request from Premier Bank & Trust, Elyria,
Ohio, on July 15, 1993, for permission to exceed its
limit of investment in bank premises pursuant to the
provisions of 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 16, 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 16, 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 Citizens Banking Company
100 East Water Street
Sandusky, Ohio 44870
(419) 625-4121
Rating:
Satisfactory
Exam Date:
April 20, 1993




Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Orllv
Application

Comment Period Ending Date

The Annapolis Banking and Trust
Company, Annapolis, Maryland,
to establish a branch at 116
Defense Highway, Suite 100,
Annapolis, Maryland.*

8-9-93

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

Comment Period Ending Date

CCB Financial Corporation, Durham,
North Carolina, to acquire Shelby
Savings Bank, SSB, Shelby, North
Caro1ina.*

8-20-93

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.

8-4-93**

City Holding Company, Charleston, West
Virginia, to engage in data processing
services for nonaffiliated financial
institutions.

8-9 -93**

Crestar Financial Corporation, Richmond,
Virginia, to acquire up to 13.5% of
Internet, Inc., Reston, Virginia.

Not yet available.

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

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




Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations
Week ending July 16, 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

Signet Bank/Virginia
7 North 8th Street
Richmond, Virginia 23260

1-25-93

Satisfactory

Signet Bank/Maryland
7 St. Paul Street
Baltimore, Maryland 21203

4-16-93

Satisfactory

First Virginia Bank-Maryland
9420 Pennsylvania Avenue
Upper Marlboro, Maryland 20772

4-26-93

Satisfactory




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending July 16. 1993
Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

First Alabama Bancshares, Inc.
Montgomery, Alabama
To acquire the assets and assume the
liabilities of First Federal Savings
Bank, Marianna, Florida, pursuant to
Section 5 ( d ) (3) of the Federal Deposit
Insurance Act, as amended by the Federal
Deposit Insurance Corporation Improvement
Act of 1991.

07-15-93*

SouthTrust Corporation
Birmingham, Alabama
Along with its second-tier bank holding
company, SouthTrust of Florida, Inc.,
Jacksonville, Florida, to acquire the
assets and assume the liabilities of the
St. Augustine, Florida, and Fernandina
Beach, Florida branches of Anchor Savings
Bank, FSB, Hewlett, New York, pursuant to
Section 5 ( d ) (3) of the Federal Deposit
Insurance Act, as amended by the Federal
Deposit Insurance Corporation Improvement
Act of 1991.

08-12-93*

CNB,

Inc.
Lake City, Florida
To acquire the assets and assume the
deposit liabilities of Lake City, Florida,
and Live Oak, Florida branches of Anchor
Savings Bank, FSB, Hewlett, New York,
pursuant to Section 5 ( d ) (3) of the Federal
Deposit Insurance Act, as amended by the
Federal Deposit Insurance Corporation
Improvement Act of 1991.

Not yet available*

Family Bank
Hallandale, Florida
To establish a branch located at the
Southeast corner of the intersection of
W. Sunrise Boulevard and Flamingo Road,
Plantation, Florida, to be known as the
Sawgrass Office.

Not yet available*

♦Subject to provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending July 16. 1993
Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Prime Bank
Boynton Beach, Florida
To establish a branch located at 6651
Lake Worth Road, Lake Worth, Florida, to
be known as West Lake Worth Branch.

Not yet available*

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

Comment Period Ending Date

AmSouth Bancorporation
Birmingham, Alabama
To acquire Orange Banking Corporation,
Orlando, Florida, and thereby directly
acquire Orange Bank, Orlando, Florida,
pursuant Section 3 ( a ) (5) of the Bank
Holding Company A c t .

Not yet available*

Independent Bancshares, Inc.
Ocala, Florida
After-the-fact change in control notice
by John C. Weber and his wife,
Charlotte C. Weber, to retain 12.92 percent
of the outstanding shares of common stock.

Not yet available*

Pinellas Bancshares Corporation
St. Petersburg, Florida
After-the-fact change in control notice by
Mr. Claude Cornelius Focardi to retain
24.95 percent of the shares of Pinellas
Bancshares, Inc., St. Petersburg, Florida;
and for Mr. John Benson Wier, Jr. to retain
14.82 percent; and for Mr. Ronald Edward
Clampitt to retain 13.83 percent.

Not yet available*

♦Subject to provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending July 16. 1993
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

First American Corporation
Nashville, Tennessee
To acquire First American National Bank of
Kentucky, Bowling Green, Kentucky, following
its conversion from a savings and loan
association, known as First Federal Savings
and Loan Association of Bowling Green,
Bowling Green, Kentucky, pursuant to Section
3 ( a ) (3) of the Bank Holding Company Act.
Section 3 - Applications Subject

Application

07-28-93*
Federal Register

to Federal Register Only

Comment Period Ending Date

Bank South Corporation
Not yet available
Atlanta, Georgia
Through its wholly-owned subsidiary, Bank
South Securities Corporation, Atlanta,
Georgia, to engage de novo in investment
or financial advice, securities brokerage,
foreign exchange advisory and transactional
services and arranging for commercial real
estate equity financing, pursuant to Section
225.25(b)(4), 225.25(b)(15) and 225.25(b)(17)
of Regulation Y.
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
BMR Financial Group, Inc.
Atlanta, Georgia
Commitment waiver request regarding retention
of cash reserve at the parent company.

♦Subject to provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending July 16. 1993
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Southern Crescent Financial Corporation
Morrow, Georgia
Request for waiver of the application requirement
under Section 3(a) (3) of the Bank Holding CompanyAct for the proposal to acquire The Southside Bank
and Trust Company, Union City, Georgia.
Synovus Financial Corp.
Columbus, Georgia
To establish a joint venture company, Total System
Services de Mexico, S.A. DE C.V., Mexico City,
Mexico, pursuant to Section 211.5(c)(3) of
Regulation K.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending July 16. 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 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 - Aovlications Subiect to Newsvaver
Notice Onlv
Cowment Period
Ending Date

Type

Application

EFT

Chemical Bank Bay Area
Bay City, Michigan
4101 Wilder Road
Bay City, Michigan*

N

- 7-10-93

Branch/24A

Comerica Bank
Detroit, Mi chigan
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

A B N AMRO North America, Inc.
Chicago, Illinois
LaSalle Talman Bank, F.S.B.
Chicago, Illinois *

N - **

Oakar

A B N AMRO Bank N.V.
Amsterdam, The Netherlands
LaSalle Talman Bank, F.S.B.
Chicago, Illinois *

N - **

Oakar

A B N AMRO Holding N.V.
Amsterdam, The Netherlands
LaSalle Talman Bank, F.S.B.
Chicago, Illinois *

N - **




Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only
Comment Period
Ending Date

Type

Application

Oakar

Stichting Prioriteit A B N AMRO Holding
Amsterdam, The Netherlands
LaSalle Talman Bank, F.S.B.
Chicago, Illinois*

N - **

Oakar

Stichting Administratiekantoor A B N AMRO
Holding
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

- **

Branch

First of America Bank-Northern Michigan
Traverse City, Michigan
Intersection of U.S. Highway 31 and
South Airport Road, Traverse City,
Michigan*

N

-

Merger/
Branches

Illini Bank
Springfield, Illinois
Illini Bank East
Coffeen, Illinois
Illini Bank of Menard County
Petersburg, Illinois
Illini Bank East
Danvers, Illinois*

N - **

Membership

Illini Bank
Springfield, Illinois
to become a member of the Federal
Reserve System*

N - **




7-17-93

Federal Reserve Bank of 'Chicago
Section II - Applications Subject to Both Newspaper
Register Notice

and Federal
Comment Period
Ending Date

Type

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
Keosauqua, Iowa
Van Buren Bancorporation
Keosauqua, Iowa
State Savings Bank
Cantril, Iowa
Farmers State Bank
Keosauqua, Iowa*

FR - 8-2-93
N
- **

CoC-HC

Success Bancshares, Inc. (formerly
Lincolnshire Bancshares, Inc.)
Lincolnshire, Illinois
George M. Ohlhausen

FR - **
N
- 8-2-93

Y-2

Peotone Bancorp, Inc.
Peotone, Illinois
Rock River Bancorporation,
Oregon, Illinois
Rock River Bank
Oregon, Illinois*

FR N
-

7-2-93
8-1-93

Inc.

Y-2

Talen, Inc.
Traer, Iowa
Farmers and Merchants Bank
Greenwood, Wisconsin*

FR - 6-28-93
N
- 8-8-93

Y-l

Gordon Family Investment Limited
Partnership
Chicago, Illinois
CNBC Bancorp, Inc.
Chicago, Illinois
Columbia National Bank of Chicago
Chicago, Illinois*

FR - **
NP - 8-12-93




Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspapei
Register Notice
(Continued)

and Federal
Comment Period
Ending Date

TX12£

Application

Y-l

Smithdown Investments, Inc.
Lake Forest, Illinois
Hinsdale Bank and Trust Company
Hinsdale, Illinois (in organization)*

FR - 7-16-93
N
- 6-27-93

Y-2

Firstbank of Illinois Co.
Springfield, Illinois
Colonial Bancshares, Inc.
Des Peres, Missouri
Colonial Bank
Des Peres, Missouri
Village Bank of St. Louis County
Ballwin, Missouri *

FR N
-

**
7-12-93

Y-2

Bank of Montreal
Montrea1, Canada
City Bankshares, Inc.
Oklahoma City, Oklahoma
City Bank & Trust Company
Oklahoma City, Oklahoma *

FR - **
NP - **

Y-2

Bankmont Financial Corp.
N e w York, N ew York
City Bankshares, Inc.
Oklahoma City, Oklahoma
City Bank & Trust Company
Oklahoma City, Oklahoma *

FR - **
NP - **

Y-2

Harris Bankcorp, Inc.
Chicago, Illinois
City Bankshares, Inc.
Oklahoma City, Oklahoma
City Bank & Trust Company
Oklahoma City, Oklahoma *




FR
NP

★★
* *

Federal Reserve Bank of Chicago

Tyre

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

Y-l

The National Bank of Indianapolis
Corporation
Indianapolis, Indiana
The National Bank of Indianapolis
Indianapolis, Indiana (in organization)*

FR - 7N
- 8-

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
Way land, 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

River Valley Bancorp, Inc.
Davenport, Iowa
Valley State Bank (in organization)
Eldridge, Iowa*

FR - 3-25-93
N
- 7-23-93




12-93
7-93

Federal Reserve Bank of. Chicago

Type

Section II - Applications Subject to Both Newspape j and Federal
Register Notice
(
Continued)
Comment Period
Application
Ending Date

Y-l

The First Trust Holdings, Inc.
Watseka, Illinois
First Trust and Savings Bank
of Watseka, Illinois
Watseka, Illinois*

FR - 7-26-93
N
- 7-12-93

Y-2

Castle BancGroup, Inc. (formerly
Sandwich Banco, Inc.)
DeKalb, Illinois
B.O.Y. Bancorp, Inc.
Yorkville, Illinois
Bank of Yorkville
Yorkville, Illinois*

FR - 8-2-93
N
- 7-17-93

Y-2

Fortress Bancshares, Inc.
Hartland, Wisconsin
Kloosner Bancorporation,
Houston, Minnesota
Houston Security Bank
Houston, Minnesota*

FR - 8-6-93
N
- **

Y-l




Quick Bancorp, Inc.
McClelland, Iowa
Peoples National Bank
Council Bluffs, Iowa*

Inc.

FR - **
NP - 8-11-93

Federal Reserve Bank of Chicago
Section III - A w l i c a t i o n s Subject to Federal Register
Notice Only
Comment Period
Endina Date

Twe

Application

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.
McFarland, Wisconsin
Make direct commercial loans in an amount
not exceeding $200,000 in the aggregate
and to service said loans

FR - 7-20-93

Y-4

A B N AMRO North America, Inc.
Chicago, Illinois
A B N AMRO Securities, Inc.
New York, New York

FR - **

Y-4

A B N AMRO Bank N.V.
Amsterdam, The Netherlands
A B N AMRO Securities, Inc.
N ew York, New York

FR - **

Y-4

A BN AMRO Holding N.V.
Amsterdam, The Netherlands
A B N AMRO Securities, Inc.
N ew York, New York

FR - **

Y-4

Stichting Administratiekantoor A B N AMRO
Holding
Amsterdam, The Netherlands
A BN 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

4 (c) (8)

Bluestem Financial Corp.
Fairbury, Illinois
Bluestem Financial Services, Inc.
Fairbury, Illinois - investment and
financial advisory and consumer
financial counseling.

FR - **




Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only
(Continued)
Comment Period
Ending Date

Type

Application

4 (c) (8)

Stichting Prioriteit A B N AMRO Holding
Amsterdam, The Netherlands
A B N AMRO Securities, Inc.
N ew York, New York

FR - **

4 (c) (8)

Evans Bancshares, Inc.
Evansdale, Iowa
Engage in a one-time de novo lending
activity via the purchase of an
$80,000 overline from its sub bank

FR - 7-15-93

4 (c) (8)

Community Banc-Corp of Sheboygan, Inc.
Sheboygan, Wisconsin
G & H Insurance Agency
Sheboygan, Wisconsin - selling insurance
and other financial services

FR - 8-12-93

Y-4

Van Buren Bancorporation Employee
Stock Ownership Plan
Keosauqua, Iowa
Making and Servicing Loans

FR - **




Federal Reserve Bank of Chicago
Section IV - Applications Not Subject to Federal Register or Newspaper
Notice
Type

Application

N
- Newspaper
FR - Federal Register
* - Subject to Provisions of Community Reinvestment Act
** - Not available at this time




A V A ILA B ILIT Y 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 16, 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
-M&I Marshall & Ilsley Bank
770 North Water Street
P.0. Box 2035
Milwaukee, Wisconsin
53202
(414) 765-7700




EXAMINATION DATE

1/19/93

RATINGS

S

Federal Reserve Bank of Chicago
Section IV - Applications Not Subject to Federal Register or Newspaper
Notice
Type

Application

N
- Newspaper
FR - Federal Register
* - Subject to Provisions of Community Reinvestment Act
**
- Not available at this time




A V A ILA B ILIT Y 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 16, 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
-M&I Marshall & Ilsley Bank
770 North Water Street
P.0. Box 2035
Milwaukee, Wisconsin
53202
(414) 765-7700




EXAMINATION DATE

1/19/93

RATINGS

S

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING JULY 16, 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 Martinsburg Bancorp Inc.,
Martinsburg, Missouri by Martinsburg
Bancorp Employee Stock Ownership
Plan, Martinsburg, Missouri

Not yet available

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
Federal Register:
(previously reported during week ending July 9, 1993)
Change in control notification
involving PDR Bancshares, Inc.,
Prairie du Rocher, Illinois by
Louise Mary Brands, Red Bud, Illinois
Federal Register:
(previously reported during week ending July 2, 1993)

8-3-93

7-28-93

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE

Application

End of Comment Period

Section 4(c)(8) notification by
CNB Bancshares, Inc., Evansville,
Indiana to engage de novo in
community development activities
through an investment in House
Investments-Deerfield Commons, a
limited partnership
7-22-93
(previously reported during week ending June 25, 1993)




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

Aoolication
None.




End of Comment Period

FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
O utstanding reco rd 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 im prove 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




Bank Address

July 16, 1993

Examination
Date

Examination
Rating

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

Application
None.

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
QBANKCORP, I n c .
Geraldine, MT
To acquire 98.2% of the voting
shares of Geraldine State Bank,
Geraldine, MT*

Comment Period
Ending Date
7-23-93
(Newspaper)

Watford City Bancshares, Inc.
Watford City, ND
To acquire 100% of the voting
shares of Fessenden Bancshares,
Inc., Fessenden, ND*

Not yet available

Norwest Corporation
Mpls, MN
To acquire 100% of the voting
shares of St. Cloud National
Bank & Trust Company, St. Cloud,
MN*

Not yet available

Norwest Corporation
Mpls, MN
To acquire 100% of the voting
shares of FirstAmerican Bank,
N. A . , Colorado Springs, CO*

Not yet available

Dairyland Bancorp, Inc.
Bruce, WI
To acquire 100% of the voting
shares of Bruce Bancshares,
Inc., Bruce, WI*

Not yet available

*

Subject to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section III - Applications Subject
to Federal Register Notice Only
Comment Period
Endincr 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
Norwest Corporation
Mpls, MN
To engage in securities brokerage
activities through the acquisi­
tion of the discount brokerage
business of S t . Cloud National
Bank & Trust Co., St. Cloud, MN

8-2-93

Not yet available

Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
American Bank
Billings, MT
To become a member of the
Federal Reserve System




Not yet available

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending July 16, 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.
B A N K (S ) EXAMINED
First Security Bank
of Havre
Box 2090
435 Third Street
Havre, MT 59501
(406) 265-1241




DATE OF EXAMINATION

CRA RATING

April 5, 1993

Satisfactory

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending July 16, 1993
B A N K (S ) EXAMINED
The Citizens Bank
of Choteau
P. 0. Box 858
201 N. Main
Choteau, MT 59422-0858
(406) 466-5743
Dakota Western Bank
Drawer D, 402 S Main
Bowman, ND 58623
(701) 523-5616




DATE OF EXAMINATION
April 12, 1993

CRA RATING
Satisfactory

April 12, 1993

Satisfactory

Federal Reserve Bank of Kansas City

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

First National Bank Shares, Ltd.,
Great Bend, Kansas, for prior
approval to acquire 100 percent of
The Home State Building, Inc., Lewis,
Kans a s .*

Not Available

Interbank, Inc., Sayre, Oklahoma, for
prior approval to become a bank
holding company through the
acquisition of 100 percent of the
voting shares of The First National
Bank of Sayre, Sayre, Oklahoma.*

Not Available

CSB Bancorp, Inc., Walsh, Colorado,
for prior approval to become a bank
holding company through the
acquisition of 100 percent of the
outstanding shares of the Colorado
State Bank of Walsh, Walsh,
Colorado.*

Not Available

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION
First National Bank Shares, Ltd.,
Great Bend, Kansas, for prior
approval to acquire 100 percent of
The Home State Building, Inc., Lewis,
Kansas, to indirectly engage in the
sale of general insurance through its
subsidiary Lewis Insurance Service,
Inc., Lewis, Kansas,

COMMENT PERIOD ENDING DATE
Not Available

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
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
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.
CRA Public
Date

CRA

gating

Bank/Location

Exam Date

Country Hill Bank
15301 W. 87th St. Pkwy
Lenexa, Kansas
66219

04-22-93

07-12-93

Satisfactory

Community Bank & Trust
P.O. Box 400
Neosho, Missouri
64850-0400

04-05-93

07-12-93

Outstanding

Star Valley State Bank
P.O. Box 8
Afton, Wyoming
83110-0008

04-12-93

07-13-93

Satisfactory




Federal Reserve Bank of Kansas City

Omnibank Iliff
13693 East Iliff Avenue
Aurora, Colorado 80014-1318

04-19-93

♦Application is subject to CRA.




07-19-93

Satisfactory

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF JULY 12, 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)
(Date of 7-6-93 reported last week was incorrect)

93/07/30

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
Change in Control Notice by
Georgia A. Banker-Trustee, Granbury, TX, to acquire an
interest in Community Bankers, Inc., Granbury, TX
(Previously reported during the week of 5-31-93)

** NOTICE EXP

93/08/02

Change in Control Notice by
Harlan Lambert, Fort Stockton, TX; Jim Ivy, Fort
Stockton, TX; Bently King, Fort Stockton, TX; Richard
Morrow, Fort Stockton, TX; and Ernest Woodward, McCamey,
TX, to acquire an interest in Pecos County Bancshares,
Inc., Fort Stockton, TX

N/A

Change in Control Notice by
Ralph M. Hall, Rockwall, TX, to acquire an interest in
Lakeside Bancshares, Inc., Rockwall, TX

N/A

♦Section 3(a)(3) application by
Texas Financial Bancorporation, Inc., Minneapolis, MN,
to acquire First National Bank of Grapevine, Grapevine, TX

N/A

♦Section 3(a)(3) application by
First Bancorp, Inc., Denton, TX, to acquire First National
Bank of Grapevine, Grapevine, TX

N/A

♦Section 3(a)(3) application by
First Delaware Bancorp, Inc., Dover, DE, to acquire First
National Bank of Grapevine, Grapevine, TX

N/A




SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

NOTICE EXP

Section 4(c)(8) de novo notification by
First Texas Bancorp, Inc., Georgetown, TX, to
acquire First Texas Development Corporation, Georgetown, TX
(engage in making and/or servicing loans for itself or for
others of the type made by a mortgage company)

N/A

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 12, 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 coimnunity,
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
None.




Date of
Examination

CRA Rating

FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 7/16/93
Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Bank of America Nevada, Las Vegas, Nevada, to
establish a branch inside the Vons Grocery at
4854 Lone Mountain Road, Las Vegas, Nevada. *

Newspaper:

Not available

Section II - Applications Subject 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.:

8/12/93

Farmers Bancorporation, Buhl, Idaho, to become
a bank holding company by acquiring Farmers
National Bank, Buhl, Idaho. *

Newspaper:

Not available

Fed. Rea.:

8/12/93

FNB Bancorp, Los Angeles, California, to become
a bank holding company by acquiring Founders
National Bank of Los Angeles, Los Angeles,
California. *

Newspaper:

Not available

Fed. Rea.:

8/13/93

Section III - Applications Subject 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.:

8/12/93

The Dai-Ichi Kangyo Bank, Limited, Tokyo, Japan, Fed. Rea.: Not yet published
to engage de novo in options and futures based
on "bank eligible" securities for its own account,
through DKB Securities, Corporation, New York,
New York.

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 7/16/93
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending July 16, 1993. Information about a particular institution's
CRA evaluation may be obtained directly from the institution.
Institution

Location

Cache Valley Bank

P.0. Box 3227
Logan, Utah 84321
(801) 753-3020

Examination Date
4/12/93

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 noncomol1ance 1n 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