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RESEARCH LVBRARY
ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1996, No. 29
A&tlans of the Board, its Staff, and
US f 10 58 t H J§>he Federal Reserve Banks;
t
^Applications and Reports Received
ftUi^.puriri^viifie Week Ending July 20, 1996
OF vUMfitffRir

ACTIONS TAKEN BY THE BOARD OF GOVERNORS
TESTIMONY AND STATEMENTS
Monetary policy objectives -- statement by
Greenspan before the Senate Committee on
Housing, and Urban Affairs, July 18, and
House Committee on Banking and Financial
July 23, 1996.
Authorized, July 18, 1996.

Chairman
Banking,
before the
Services,

Prime bank financial instruments and related illegal
financial schemes -- statement by Mr. Biern, Deputy
Associate Director, Division of Banking Supervision
and Regulation, before the Senate Committee on
Banking, Housing, and Urban Affairs, July 17, 1996.
Published, July 17, 1996.
BANK HOLDING COMPANIES
Dresdner Bank AG, Frankfurt, Germany -- to retain the
United States operations of Kleinwort Benson Group
Pic, London, England, and engage in underwriting
and dealing, to a limited extent, in all types of
debt and equity securities and certain other
nonbanking activities.
Approved, July 16, 1996.
NVE Bancorp, MHC, Englewood, New Jersey, and NVE
Bancorp, Inc. -- to acquire NVE Savings Bank.
Approved, July 15, 1996.
ENFORCEMENT
United Security Bancorporation, Lincoln, Nebraska final decision and order to cease and desist
against Harold S. Myers and David C. Myers,
institution-affiliated parties.
Authorized, July 16, 1996.
FORMS




Survey of Terms of Bank Lending (FR 2028A, FR 2028B,
and FR 2028S) -- extension with revision.
Approved, July 16, 1996.

H. 2
JULY 15, 1996
PAGE 2

TO

JULY 19, 1996

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

REGULATIONS AND POLICIES
Regulation K -- final rule concerning the management
of offshore offices of U.S. branches and agencies
of foreign banks.
Approved, July 17, 1996.
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; FRSO - Federal Reserve
Bank Operations; IF - International Finance; OSDM - Office of Staff Director
for Management
BANK BRANCHES, DOMESTIC
Atlanta

Bank of Nashville, Nashville, Tennessee - - t o
establish a mobile branch at 401 Church Street.
Approved, July 19, 1996.

Richmond

Centura Bank, Rocky Mount, North Carolina -- to
establish branches in the following Hannaford
Brothers Stores: 10120 Johnston Road, Charlotte;
438 University Place; 1700 East Woodlawn; 2900
Millbrook Road, Raleigh, 9600 Strickland Road; Six
Forks and Old Wake Forest Road; 1741 Walnut Street,
Cary; 930 High House Road; 2316 North College Road,
Wilmington; Highway 17 South, Coastal Plaza,
Shallotte; 1800 Skibo Road, Fayetteville; 3725
Ramsey Street; 1300 East Hartley Drive, High Point,
North Carolina.
Approved, July 19, 1996.

New York

Manufacturers and Traders Trust Company, Buffalo, New
York
to establish a branch in the Harry and
Jeanette Weinberg Campus, 2700 North Forest Road,
Amherst, New York.
Approved, July 15, 1996.

St. Louis

Southern Commercial Bank, St. Louis, Missouri -- to
establish a branch at 1030 Main Street, Imperial,
Missouri.
Approved, July 16, 1996.

Philadelphia

United Bank of Philadelphia, Philadelphia,
Pennsylvania - - t o establish a branch at 38th
Street and Lancaster Avenue.
Approved, July 16, 1996.

BANK HOLDING COMPANIES




Atlanta

ABC Bancorp, Moultrie, Georgia - - t o merge with First
National Financial Corporation, Albany, Georgia,
and acquire First National Bank of South Georgia.
Approved, July 18, 1996.

H.2
JULY 15, 1996
PAGE 3

TO

JULY 19, 1996

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

BANK HOLDING COMPANIES




St. Louis

Arkansas Banking Company, Jonesboro, Arkansas - - t o
acquire Mercantile Bank of Batesville, N.A.,
Batesville, Arkansas.
Approved, July 18, 1996.

New York

Bankers Trust New York Corporation, New York, New
York - - t o acquire Wolfensohn & C o . Inc., and
,
engage in providing merger and acquisition advisory
services and related corporate finance advice.
Approved, July 19, 1996.

Director, BS&R

Bankers Trust New York Corporation, New York, New
York - - t o contribute a proposed investment in
Wolfensohn a Co., Inc., to its section 20
subsidiary, BT Securities Corporation.
Approved, July 19, 1996.

San Francisco

California Community LLC, Los Angeles, California -to acquire shares of First Coastal Bank, N.A., El
Segundo, California.
Approved, July 17, 1996.

Richmond

Centura Banks, Inc., Rocky Mount, North Carolina -to acquire First Community Bank, Gastonia, North
Carolina.
Approved, July 19, 1996.

Director, BS&R

Chemical Banking Corporation, New York, New York -request for modification of commitment to merge
with the Chase Manhattan Corporation.
Granted, July 19, 1996.

Richmond

FCFT, Inc., Princeton, West Virginia -- to engage de
novo in community development activities through an
investment in South Oakwood Plaza Limited
Partnership, III.
Permitted, July 16, 1996.

Atlanta

First Banking Company of Southeast Georgia,
Statesboro, Georgia -- to merge with FN3
Bancshares, Inc., Springfield, Georgia, and acquire
First National Bank of Effingham.
Approved, July 18, 1996.

H.2
JULY 15, 1996
PAGE <
♦

TO

JULY 19, 1996

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

BANK HOLDING COMPANIES




Atlanta

First National Banc, Inc., St. Marys, Georgia - - t o
acquire First National Bank.
Approved, July 18, 1996.

Chicago

Great Lakes Financial Resources, Inc., Employee Stock
Ownership Plan, Homewood, Illinois - - t o acquire
shares of Great Lakes Financial Resources, Inc.;
Bank of Homewocd; Bank of Matteson, Matbeson; and
First National Bank of Blue Island, Blue Island,
Illinois.
Approved, July 16, 1996.

Minneapolis

Henning Bancshares, Inc., Henning, Minnesota - - t o
engage de novo in lending activities.
Permitted, July 17, 1996.

Kansas City

HNB Corporation, Arkansas City, Kansas -- to acquire
Home National Bank, Scottsdale> Arizona.
Approved, July 16, 1996.

New York

Hubco, Inc., Mahwah, New Jersey - - t o merge with
Hometown Bancorporation, Inc., Darien, Connecticut,
and acquire the Bank of Darien.
Approved, July 19, 1996.

Richmond

MainStreet BankGroup Incorporated, Martinsville,
Virginia -- to acquire the First National Bank of
Clifton Forge, Clifton Forge, Virginia.
Approved, July 19, 1996.

Chicago

Marshall & Ilsley Corporation, Milwaukee, Wisconsin - notification of intent to acquire the assets of
EastPoint Technology, Inc., Bedford, New Hampshire.
Permitted, July 19, 1996.

Dallas

M.B. and I.M. Hampton Family Partnership, LTD., M t .
Pleasant, Texas -- to retain shares of Morris
County Bankshares, Inc., Naples, Texas, and Morris
County National Bank.
Approved, July 17, 1996.

H. 2
JULY 15, 1996
PAGE 5

TO

JULY 19, 1996

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

BANK HOLDING COMPANIES




Kansas City

Pembroke 3ancshares, Inc.,, Kansas City, Missouri, and
Union Bancshares, Inc. -- to acquire Missouri
Valley Bancshares, Inc.
Approved, July 16, 1996.

St. Louis

River Valley Bancorp, Madison, Indiana - - t o acquire
shares of Citizens National Bank of Madison and to
operate a thrift association through the
acquisition of Madison First Federal Savings and
Loan Association.
Returned, July 19, 1996.

Chicago

River Valley Bancorporation, Inc., Merrill, Wisconsin
-- request for relief from certain commitments.
Returned, July 19, 1996.

New York

Stewardship Financial Corporation, Midland Park, New
Jersey -- to acquire Atlantic Stewardship Bank.
Approved, July 19, 1996.

Richmond

Summit Financial Corporation, Greenv-'le, South
Carolina - - t o acquire the assets cf Academy
Finance, Inc., Lake City, South Carolina, a
consumer finance company, .
Approved, July 17, 1996.

Chicago

UnionBancorp, Inc., Streator, Illinois - - t o acquire
LaSalle County Collections, Inc., Ottawa, Illinois,
and operate a collection agency.
Permitted, July 16, 1996.

Minneapolis

Universal Financial Services, Inc., Bayport,
Minnesota - - t o acquire First State Bank of
Bayport.
Approved, July 15, 1996.

San Francisco

Valley Independent Bank, El Centro, California -request for waiver of any Bank Holding Company Act
application requirement in connection with the
establishment of VIB Interim Bank to acquire and to
merge with Bank of the Desert, N.A., La Quinta,
California.
Approved, July 19, 1996.

H.2
JULY 15, 1996
PAGE 6

TO

JULY 19, 1996

ACTIONS TAKEN BY THE ST AFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORI TY

BANK HOLDING COMPANIES
Cleveland

Wesbanco, Inc., Wheeling, West Virginia -- to acquire
Universal Mortgage Company, Bridgeport, West
Virginia.
Approved, July 18, 1996.

BANK MERGERS
Richmond

Centura Bank, Rocky Mount, North Carolina -- to merge
with First Community Bank, Gastonia, North
Carolina, and to establish branches.
Approved, July 19, 1996.

Atlanta

Tri-City Bank 8 Trust Company, Blountville, Tennessee
-- to acquire the Johnson City and Kingsport
branches of National Bank of Commerce, Memphis,
Tennessee.
Approved, July 18, 1996.

BANKS. STATE MEM3ER
Director, BS&R

Central Bank, Monroe, Louisiana -- registration as
transfer agent.
Withdrawn, July 18, 1996.

Director, BS&R

Greenwood Bank St Trust, Greenwood, South Carolina -transfer agent registration.
Approved, July 18, 1996.

CAPITAL STOCK




Chicago

Blanchardville Financial Services, Inc.,
Blanchardville, Wisconsin -- redemption of shares.
Approved, July 19, 1996.

Minneapolis

Kandi BancShares, Inc., New London, Minnesota -redemption of shares.
Approved, July 19, 1996.

H.2
JULY 15, .1996
PACE 7

TO

JULY 19, 1996

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

CHANGE IN BANK CONTROL
Chicago

Blanchardville Financial Services, Inc.,
Blanchardville, Wisconsin -- change in bank
control.
Permitted, July 19, 1996.

Kansas City

Fairport Bancshares, Inc., Fairport, Missouri -change in bank control.
Permitted, July 16, 1996.

Dallas

First Alpine, Inc., Alpine, Texas -- change in bank
control.
Permitted, July 15, 1996.

Minneapolis

North State Bancshares, Inc., Bloomington,
Minnesota -- change in bank control.
Permitted, July 15, 1996.

COMPETITIVE FACTORS REPORTS




Cleveland

Bank One, Lexington, N.A., Lexington, Kentucky
proposed merger with Bank One, Kentucky, N.A.,
Louisville, Kentucky -- report on competitive
factors.
Submitted, July 16, 1996.

Kansas City

Boatmen’s First National Bank of Oklahoma, Oklahoma
City, Oklahoma, proposed merger with Bank IV
Oklahoma, N.A., Tulsa, Oklahoma -- report on
competitive factors.
Submitted, July 18, 1996.

Cleveland

Commercial Bank, Middlesboro, Kentucky; Commercial
Bank, West Liberty; the Exchange Bank of Kentucky,
M t . Sterling; Farmers-Deposit Bank, Flemingsburg;
Farmers National Bank, Williamsburg; First American
Bank, Ashland; First Security Bank 8 Trust Company,
Whitesburg; and the Woodford Bank 8 Trust Company,
Versailles, proposed merger with Pikeville National
Bank & Trust Company, Pikeville, Kentucky -- report
on competitive factors.
Submitted, July 16, 1996.

H.2
JULY 15, 1996' TO
PAGE 8

JULY 19, 1996

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

COMPETITIVE FACTORS REPORTS




Philadelphia

Covenant Bank for Sayings, Haddonfield, Mew Jersey,
proposed merger with First Southern State Bank,
Avalon, New Jersey -- report on competitive
factors.
Submitted, July 18, 1996.

Atlanta

Effingham Bank and Trust, Rincon, Georgia, proposed
merger with Ameribank, National Association,
Savannah, Georgia -- report on competitive factors
Submitted, July 17, 1996.

Chicago

First National Bank of Danville, Danville, Illinois,
proposed merger with First National Bank of
Westville, Westville, Illinois -- report on
competitive factors.
Submitted, July 15, 1996.

San Francisco

First Republic Thrift & Loan, San Francisco,
California, proposed merger with First Republic
Savings Bank, Las Vegas, Nevada -- report on
competitive factors.
Submitted, July 16, 1996.

Atlanta

Greenville Banking Company, Greenville, Georgia,
proposed merger with Meriwether Interim, Inc. -report on competitive factors.
Submitted, July 15, 1996.

Boston

Jewett City Savings Bank, Jewett City, Connecticut,
proposed merger with Jewett City Trust Company -report on competitive factors.
Submitted, July 19, 1996.

Philadelphia

Keystone Savings and Loan Association, Philadelphia,
Pennsylvania, proposed merger with Hometown
Building and Loan Association and Wayne Junction
Savings Association, Ambler, Pennsylvania -- repor
on competitive factors.
Submitted, July 18, 1996.

San Francisco

Luther Burbank Corporation, Santa Rosa, California,
proposed acquisition of NHS Financial, San Rafael,
California -- report on competitive factors.
Submitted, July 16, 1996.

H. 2
JULY 15, 1996
PAGE 9

TO

JULY 19, 1996

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

COMPETITIVE FACTORS REPORTS




New York

NVE Savings Bank, Englewood, New Jersey, and Interim
Savings Bank in Organization, proposed merger with
NVE Savings Bank -- report on competitive factors.
Submitted, July 19, 1996.

Secretary

Ponce de Leon Federal Savings Bank, Bronx, New York,
proposed purchase of a branch of the East New York
Savings Bank, New York, New York -- report on
competitive factors.
Submitted, July 19, 1996.

Kansas City

RCB Bank, Claremore, Oklahoma, proposed merger with
American Bank of Pryor, Pryor, Oklahoma -- report
on competitive factors.
Submitted, July 18, 1996.

Dallas

Royal National Bank of Palestine, Palestine, Texas,
proposed merger with Compass Bank, Houston, Texas - report on competitive factors.
Submitted, July 18, 1996.

St. Louis

Simmons First Bank of Dermott, Dermott, Arkansas,
proposed acquisition of the assets and assumption
of the liabilities of the Rogers, Bella Vista, and
Springdale, Arkansas, branches of Simmons First
National Bank, Pine Bluff, Arkansas -- report on
competitive factors.
Submitted, July 16, 1996.

Philadelphia

Third Federal Saving Bank, Newtown, Pennsylvania,
proposed acquisition of the assets and assumption
of the liabilities of three offices of Cenlar
Federal Savings Bank, Trenton, New Jersey -- report
on competitive factors.
Submitted, July 18, 1996.

Kansas City

Union Bank, Kansas City, Missouri, proposed merger
with Citizen’s Bank of Southern Missouri, Ava,
Missouri -- report on competitive factors.
Submitted, July 19, 1996.

H.2
JULY 15, 1996
PAGE 10

TO

JULY 19, 1996

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

COMPETITIVE FACTORS REPORTS
St. Louis

Union Planters National Bank, Memphis, Tennessee,
proposed merger with Leader Federal Bank for
Savings -- report on competitive factors.
Submitted, July 17, 1996.

St. Louis

Workingmens Federal Savings Bank, Bloomington,
Indiana, proposed merger with One Bank -- report on
competitive factors.
Submitted, July 15, 1996.

EXTENSIONS OF TIME




Minneapolis

Absarokee Bancorporation, Absarokee, Montana -extension to October 15, 1996, to acquire United
Bank of Columbus, N.A., Columbus, Montana.
Granted, July 17, 1996.

San Francisco

BankAmerica Corporation, San Francisco, California
extension to divest certain property.
Granted, July 17, 1996.

Richmond

Beach First National Bancshares, Inc., Myrtle Beach,
South Carolina -- extension to October 17, 1996, to
acquire Beach First National Bank.
Granted, July 16, 1996.

San Francisco

Dai Ichi Kangyo Bank, Limited, Tokyo, Japan
extension to divest certain property.
Granted, July 17, 1996.

San Francisco

Liberty Bay Financial Corporation, Poulsbo,
Washington -- extension to divest certain property.
Granted, July 18, 1996.

H.2
JULY 15, 1996
PAGE 11

ADDITION’ AND CORRECTIONS
S
TO

JULY 19, 1996

ACTIONS TAKEN 3Y THE BOARD OF GOVERNORS

INTERNATIONAL OPERATIONS
Republic National Bank of New York, New York, New
York, and Saban S.A., Marina Bay, Gibraltar -- to
make an investment in Banque Unigestion S.A.,
Geneva, Switzerland.
Permitted, July 5, 1996.

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

COMPETITIVE FACTORS REPORTS




San Francisco

Continental Pacific Bank, Vacaville, California,
proposed acquisition of certain assets and
assumption of liabilities of the Concord branch of
Tracy Federal Bank, F.S.B., Tracy, California -report on competitive factors.
Submitted, July 11, 1996.

Cleveland

First United National Bank, Fryburg, Pennsylvania,
proposed acquisition of certain assets and
assumption of certain liabilities of the Franklin
branch of Mellon Bank, N.A., Pittsburg,
Pennsylvania -- report on competitive factors.
Submitted, July 11, 1996.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY

Application

Comment Period Ending Date
NONE

S E C T I O N II - A P P L I C A T I O N S S U B J E C T T O B O T H
NEWSPAPER AND FEDERAL REGISTER NOTICE

Application

Comment Period Ending Date
NONE

S E C T I O N III - A P P L I C A T I O N S S U B J E C T T O
FEDERAL REGISTER NOTICE ONLY

Application

Comment Period Ending Date

Merrill Merchants Bancshares,
Inc., Bangor, Maine - 4 ( c ) (8)
notification to engage in
management consulting through
an indirect de novo subsidiary,
M&M Consulting Limited Liability
Company, Bangor, Maine

Federal Register

Not Yet Established

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

Application
NONE

SECTION V

Institution

- A V A I L A B I L I T Y OF CR A PUBLIC EVALUATIONS

Examination Date

Rating**

NONE

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




"N" - Needs to

FEDERAL RESERVE BANK OF NEW YORK

Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
_____ Notice Only______
Rossiyskiy Kredit Bank, Moscow, Russia, to establish a representative
office in New York, New York.

08/16/96

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
The Bank of New York, New York, New York, to merge with
The Bank of New York (NJ), West Paterson, New Jersey,
and The Putnam Trust Company, Greenwich, Connecticut, and
incident thereto to establish branches.

08/12/96 3/

SECTION III
Nonbanking Applications
(subject to Federal Register Notice Only 1
Toronto Dominion Bank, Toronto, Canada, and TD/Oak Inc.,
New York, New York, to indirectly acquire Waterhouse
Securities, Inc., New York, New York, and thereby engage in the
purchase and sale of all types of securities on the order o f customers as
riskless principal, including transactions involving securities of all
registered investment companies, other than investment companies
that are advised by Waterhouse Securities or any o f its affiliates.

08/02/96

Barclays PLC and Barclays Bank PLC, both o f London, England,
to engage through their subsidiary, BZW Securities Inc., New York,
New York, in underwriting and dealing in equity securities except
equity securities of open-end investment companies, acting as private
placement agent for all types of securities, buying and selling securities
in riskless principal transactions, executing and advising on transactions
in financial and non-financial futures and options on futures (including
executing-only and clearing-only) and making, acquiring, servicing and
arranging for the purchase and sale of loans and other extensions of credit.

N/A

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

W eek Ending July 2 0 .1996

NAME OF BANK

RATING

None.

1/ Subject to provisions of Community Reinvestment Act.
2/ Later of dates specified in newspaper and Federal Register notices.
3/ Date specified in newspaper notice; a later date may be specified in
the Federal Register notice.
41 Date specified in Federal Register notice; a later date may be
specified in the newspaper notice.
N/A - Not Available




EXAMINATION DATE

FEDERAL RESERVE BANK OF PHILADELPHIA

SECTION I - APPLICATIONS RECEIVED AND SUBJECT TO NEWSPAPER
NOTICE ONLY
United Bank of Philadelphia, Philadelphia, PA to establish a branch office at 38th Street and
Lancaster Avenue, Philadelphia, PA, pursuant to Section 9 of the Federal Reserve Act.
Newspaper comment period expires:

N/Avail.

MidState Bancorp. Inc.. Felton, DE to become a bank holding company by acquiring Felton
Bank, Felton DE pursuant to section 3(a)(1) of the Bank Holding Company Act.
Newspaper comment period expires:

N/Avail.

Pocono Community Bank. Strousburg, PA to become a member in the Federal Reserve
System, pursuant to Section 9 of the Federal Reserve Act.
Newspaper comment period expires:

N/Avail.

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




NONE

FEDERAL RESERVE BA N K 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 19, 1996.
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 o f 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 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 noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record o f ascertaining and helping to meet the
credit needs of its entire delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Bank/Location

Examination Date

CRA Rating

NONE

NONE

NONE




APPLICATIONS BULLETIN
(For the week ending July 20, 1996)

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Received notice from Mid Am, Inc., Bowling Green, Ohio, on
July 16, 1996, of its intent to acquire Gulf Coast Collection
Bureau, Inc., Sarasota, Florida, pursuant to Section 4(c)(8) of
the Bank Holding Company Act.

July 26, 1996

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL
REGISTER NOTICE
NONE
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
Received notice from American Bancorporation, Wheeling,
West Virginia, of its intent to acquire 51 percent of Premier
Mortgage Limited, Columbus, Ohio, pursuant to Section 4(c)(8)
of the Bank Holding Company Act.

Not Yet Known #

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
NONE*

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




AVAILABILITY OF CRA PUBLIC EVALUATIONS
(July 19, 1996)

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 19, 1996.
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 low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
NEEDS TO IMPROVE: a bank in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
SUBSTANTIAL NON COMPLIANCE: a bank in this group has a substantially
deficient record of ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
The Minster State Bank
96 West Fourth Street
Minster, OH 45885
Rating: Outstanding
Exam Date: 2-12-96
Disclosure Date: 7-15-96




Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

Crestar Bank DC, Vienna, Virginia (the
proposed successor to Crestar Bank,
N.A., Washington, D. C., after relocation
of its main office), for membership in the
Federal Reserve System.

8-12-96

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

Comment Period Ending Date

F&M Bancorp, Frederick, Maryland, to
merge with Home Federal Corporation,
Hagerstown, Maryland.*

8-8-96

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

None.

Section IV - Application Not Subject to
Federal Register Notice or Newspaper Notice
Application
NationsBank, N.A., Charlotte, North
Carolina, to increase its investment
in NationsBank Europe Limited, London,
England.

^Application is subject to CRA requirements




Federal Reserve Bank of Richmond
Section V - Availability of CRA Public Evaluations
Week ending July 19, 1996

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 con­
sistent 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
None.




Rating

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending July 19, 1996
Section 1 - Applications Subject to Newspaper Notice Only

Application

Comment Period Ending Date

None.

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

Application

Comment Period Ending Date

Regions Financial Corporation
Not yet available*
Birmingham, Alabama
To merge with American Bancshares of Houma, Inc., Houma, Louisiana, and thereby
directly acquire American Bank & Trust Company of Houma, Houma, Louisiana,
pursuant to Section 3 ( a ) (5) of the Bank Holding Company Act.
The Tampa Banking Company
08-12-96*
Tampa, Florida
Federal Register
After-the-fact change in control notice by Ferman Motor Car Company, Inc., Tampa,
Florida, to retain 11.16 percent of the outstanding shares of The Tampa Banking
Company, Tampa, Florida.
Bullsboro Bancshares, Inc.
Not yet available*
Newnan, Georgia
Notice for 1-BHC formation, The Bank of Newnan, Georgia.
First Alliance Bancorp, Inc.
08-19-96*
Marietta, Georgia
Newspaper
To acquire Premier Bancshares, Inc., Atlanta, Georgia (a thrift holding company),
and its subsidiary, Premier Bank, FSB, Atlanta, Georgia, and thereby engage in
operating a savings association, pursuant to Section 225.25(b) (9) of Regulation
Y.
Tara Bankshares Corporation
Not yet available*
Riverdale, Georgia
Change in control notice by Mr. Don Arthur Barnette to acquire an additional
40.07 percent of the outstanding shares of Tara Bankshares Corporation,
Riverdale, Georgia.
The acquisition will increase
Mr. Barnette* s total
ownership to 40.19 percent.

Section 3 - Applications Subject to Federal Register Only
Application

Comment Period Ending Date

Dadeland Bancshares, Inc.
Not yet available
Miami, Florida
To acquire, through its de novo subsidiary, Dadeland Software Services, Inc.,
Miami, Florida, a 20 percent interest in a joint venture for the purpose of
engaging in data processing, computer software activities, and related consulting
service activities, pursuant to Section 4(c) (8) of the Bank Holding Company Act
and Sections 225.25(b)(7) and 225.25(b)(11) of Regulation Y.

*Subject to provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending July 19, 1996
Section 3 - Applications Subject to Federal Register Only
Application

Comment Period Ending Date

First Alliance Bancorp, Inc.
08-12-96
Marietta; Georgia (Applicant)
To acquire Premier Lending Corporation, Atlanta, Georgia, and thereby engage in
making, acquiring, or servicing loans or other extensions of credit, pursuant to
Section 4(c)(8) of the Bank Holding Company Act and Section 225.25(b)(1) of
Regulation Y. Premier Lending Corporation is a subsidiary of Premier Bancshares,
Inc., Atlanta, Georgia (Bancshares), a thrift holding company, and Applicant has
filed a companion application to acquire Bancshares and its thrift subsidiary,
Premier Bank, Atlanta, Georgia.
NBN Corp.
Not yet available*
Newport, Tennessee
To acquire Smoky Mountain Financial Services, Inc., Jefferson City, Tennessee,
and thereby engage in credit related insurance activities, pursuant to Section
225.25(b)(8)(ii) of Regulation Y.

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

Application
None.

*Subject to provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week' Ending July 19, 1996
Section 1Q~ - 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 g r o u p s :
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 moderateincome 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.

Bank

CRA Rating

Gulf Bank
Highway 182 East
Orange Beach, Alabama
(334)981-4200

Satisfactory




36561

Examination
Date
04-08-96

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending July 19, 1996
Recently Approved Applications

Approval Date

ABC Bancorp
07-18-96
Moultrie, Georgia
To merge with First National Financial Corporation, Albany, Georgia, and thereby
directly acquire First National Bank of South Georgia, Albany, Georgia, pursuant
to Section 3(a) (5) of the Bank Holding Company Act.
First National Banc, Inc.
07-18-96
St. Marys, Georgia
1-BHC formation, First National Bank, St. Marys, Georgia.
First Banking Company of Southeast Georgia
07-18-96
Stateboro, Georgia
To merge with FNB Bancshares, Inc., Springfield, Georgia, and thereby directly
acquire its subsidiary, First National Bank of Effingham, Springfield, Georgia,
pursuant to Section 3(a) (5) of the Bank Holding Company Act.
Middle Georgia Bankshares,
Inc.
07-12-96
Unadilla, Georgia
In a joint venture with First Macon Bank & Trust, Macon, Georgia, and Provesa,
Inc., Macon, Georgia, to establish Prolmage, Inc., Macon, Georgia, and thereby
engage in check imaging and item processing for banks, pursuant to Section
225.25(b) (7) of Regulation Y and Section 4(c) (8) of the Bank Holding Company Act.
Synovus Financial C orp.
07-10-96
Columbus, Georgia
To retain Canterbury Trust Company, Birmingham, Alabama, and thereby continue
engaging in the provision of trust services, pursuant to Section 4(c) (8) of the
Bank Holding Company and Section 225.25(b)(3) of Regulation Y.
The Bank of Nashville
07-19-96
Nashville, Tennessee
To establish a mobile branch office located at 401 Church Street,
Tennessee.

Nashville,

Tri-City Bank & Trust Company
07-18-96
Blountville, Tennessee
To acquire the Johnson City and Kingsport Branches of National Bank of Commerce,
Memphis, Tennessee, pursuant to Section 18(c) of the Federal Deposit Insurance
Act. The branches are located at 112 Sunset Drive, Johnson City, Tennessee, and
1664 East Stone Drive, Kingsport, Tennessee.
Volunteer State Bancshares,
Portland, Tennessee
Commitment waiver request.




Inc.

07-10-96

Federal Reserve Bank of Chicago

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

Type

Application

Branch

F&M Bank
Kaukauna, Wisconsin
1901 East Main Street
Little Chute, Wisconsin

NP - 7-18-96

Membership

Ossian State Bank
Ossian, Iowa

NP - 7-15-96

Branch

Comerica Bank
Detroit, Michigan
31145 Harper
St. Clair Shores, Michigan

NP - 7-27-96

Merger/Branch

First Banking Center-Burlington
Burlington, Wisconsin
Genoa City, Wisconsin branch of
American National Bank and Trust Company of Genoa City
Genoa City, Wisconsin
235 Freeman Street
Genoa City, Wisconsin

N P - **

EFT

Harris Trust and Savings Bank
Chicago, Illinois
CNA Plaza, 55 East Jackson Blvd.
Chicago, Illinois

NP - 7-25-96

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




Federal Reserve Bank of Chicago

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

Type

Application

Merger/Branch

First Banking Center-Burlington
Burlington, Wisconsin
Pell Lake, Wisconsin branch of
American National Bank and Trust Company of Genoa City
Genoa City, Wisconsin
N1264 Park Road
Pell Lake, Wisconsin

Jsjp _ **

Branch

M&I First American Bank
Wausau, Wisconsin
220 South 18th Avenue
Wausau, Wisconsin

NP - 7-25-96

Branch

Citizens Bank
Flint, Michigan
32200 Schoolcraft Road
Livonia, Michigan

NP - 7-21-96

Merger/Branch

First Trust & Savings Bank
Aurelia, Iowa
Cleghorn State Bank
Cleghorn, Iowa
101 North Lewis Avenue
Cleghorn, Iowa




_ **

Federal Reserve Bank of Chicago

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

lyge

Application

3(a)(5)

First Merchants Corporation*
Muncie, Indiana
Randolph County Bancorp
Winchester, Indiana
Randolph County Bank
Winchester, Indiana

FR - 7-15-96
NP - 7-9-96

3(a)(1)

Fortress Bancshares, Inc.*
Cresco, Iowa
Fortress Holdings, Inc.
Hartland, Wisconsin
Houston Security Bank
Houston, Minnespolis
Westby-Coon Valley State Bank
Westby, Wisconsin

FR - 7-15-96
NP - 6-21-96

3(a)(1)

Farmers State Bancshares, Inc.*
Mason City, Iowa
Farmers State Bank
Northwood, Iowa

FR - 7-19-96
NP - 7-22-96

3(a)(1)

First Midwest Financial, Inc.*
Storm Lake, Iowa
Central West Bancorporation
Casey, Iowa
Security State Bank
Stuart, Iowa

FR

Capitol Bancorp, Ltd.*
Lansing, Michigan
Macomb Community Bank
Clinton Township, Michigan (in organization)

FR - 8-16-96

Crestmark Bancorp, Inc.*
Bloomfield Hills, Michigan
Crestmark Bank
Troy, Michigan ( in organization)

p p _ **

3(a)(3)

3(a)(1)




8-16-96

N P _ **

N P - **

Federal Reserve Bank of Chicago

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

Type

Application

3(a)(3)

Great Lakes Financial Resources, Inc. ESOP*
Homewood, Illinois
Great Lakes Financial Resources, Inc.
Homewood, Illinois
Bank of Homewood
Homewood, Illinois
Bank of Matteson
Matteson, Illinois
First National Bank of Blue Island
Blue Island, Illinois

FR - 7-12-96
NP - 7-16-96

3(a)(1)

Community Holdings Corporation*
Palos Hills, Illinois
First State Bank and Trust Company of Palos Hills
Palos Hills, Illinois

FR - 8-1-96

3(a) 1)

St. Joseph Capital Corporation*
South Bend, Indiana
St. Joseph Capital Bank
Mishawaka, Indiana (in organization)

FR - 7-26-96
NP - 7-27-96

3(a)(1)

Lewis Family Partners, L.P.*
Morris, Illinois
Illinois Valley Bancorp, Inc.
Morris, Illinois
Grundy County National Bank
Morris, Illinois

FR - 8-1-96

FirstValue Corp*
Appleton, Wisconsin
Tigerton Bancorporation, Inc.
Tigerton, Wisconsin
First National Bank in Tigerton
Tigerton, Wisconsin

P R _ **

3(a)(1)




N P - **

N P - **

NP - 6-13-96

Federal Reserve Bank of Chicago

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

Type.

Application

3(a)(5)

Country Bank Shares Corporation*
Mount Horeb, Wisconsin
Belleville Bancshares Corporation
Belleville, Wisconsin
Belleville State Bank
Belleville, Wisconsin

FR - 8-8-96
NP - 8-5-96

3(a)(1)

Oak Park River Forest Bankshares, Inc.*
Oak Park, Illinois
Community Bank of Oak Park River Forest
Oak Park, Illinois (in organization)

FR - **
NP - **

3(a)(1)

Lakes Region Bancorp, Inc.*
Bannockburn, Illinois
Anchor Bank
Third Lake, Illinois

FR - **
NP - **




Federal Reserve Bank of Chicago

Section III - Applications Subject to Federal Register
Notice Only

Type

Application

4(c)(8)

First Chicago NBD Corporation
Chicago, Illinois
Multinet International Bank
New York, New York

4(c)(8)

Pinnacle Banc Group, Inc.
Oak Brook, Illinois
Financial Security Corp.
Chicago, Illinois
Security Federal Savings and Loan Association
Chicago, Illinois

Comment Period
Ending Date
P R . **

FR - 8-1-96
N P - **

4(c)(8)

First Midwest Financial, Inc.
Storm Lake, Iowa
First Federal Savings Bank of the Midwest
Storm Lake, Iowa

FR - 8-16-96

4(c)(8)

NEB Corporation
Fond du lac, Wisconsin
to engage de novo in making and servicing loans

PR . **

4(c)(8)

North Shore Community Bancorp, Inc.
Lake Forest, Illinois
Crabtree Capital Corporation
Schaumburg, Illinois

FR - 7-8-96




Federal Reserve Bank of Chicago

Section III - Applications Subject to Federal Register
Notice Only

Comment Period
Ending Date

Type

Application

4(c)(8)

ABN AMRO Bank N.V.
Amsterdam, The Netherlands
ChiCorp, Inc.
Chicago, Illinois
The Chicago Corporation
Chicago, Illinois

P R . **

4(c)(8)

ABN AMRO Holding N.V.
Amsterdam, The Netherlands
ChiCorp, Inc.
Chicago, Illinois
The Chicago Corporation
Chicago, Illinois

P R . **

4(c)(8)

Stichting Administratiekantoor ABN AMRO Holding
Amsterdam, The Netherlands
ChiCorp, Inc.
Chicago, Illinois
The Chicago Corporation
Chicago, Illinois

PR . **

4(c)(8)

Stichting Prioriteit ABN AMRO Holding
Amsterdam, The Netherlands
ChiCorp, Inc.
Chicago, Illinois
The Chicago Corporation
Chicago, Illinois

P R . **




Federal Reserve Bank of Chicago

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

Type
None




Application

Federal Reserve Bank of Chicago
Section V - Availability o f 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 19, 1996. If you are interested in obtaining a copy of the evaluation
document, please contact the bank(s) directly.
Identification of Ratines
0 -

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 has a 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.

SN -

An institution in this group has a substantial noncompliance 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 capabilies.




BANK NAME/LOCATION

EXAMINATION DATE

Chemical Bank-Bay Area
213 Center Avenue
Bay City, Michigan 48708-5662
(517) 895-8521

3/25/96

RATINGS

O

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING July 19,1996
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End of Comment Period

* Section 9 application by Southern Commercial
Bank, St. Louis, Missouri, to establish a branch
office at 1030 Main Street, Imperial, Missouri.

7-1-96

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

End of Comment Period

* Section 3(a)(3) application by First Commercial
Corporation, Little Rock, Arkansas, to acquire
Security National Bank, Nacogdoches, Texas.

Newspaper: 8-16-96

* Section 3(a)(1) application by Norma McLaneSmith Family Limited Partnership, Poplar Bluff,
Missouri, to acquire 53.77% of Poplar Bluff Banc
Company, Poplar Bluff, Missouri, and 11.10% of
Midwest Bancshares, Inc., Poplar Bluff, Missouri.

Newspaper: 8-20-96

Change in control notification involving Midwest
Bancshares, Inc., Poplar Bluff, Missouri, by Joseph
Thomas McLane.

Newspaper: 8-12-96

SECTION IH - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application

End of Comment Period

None.

SECTIONjy_- APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
None.*
* This application/notification is subject to CRA.




End of Comment Period

FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, M issouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES
I d e n tific a tio n o f R a tin n s i
O u ts ta n d in g r e c o r d o f m e e t i n g c o m m u n i ty c r e d it n e e d s

An 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.
S a ti s f a c to r y r e c o r d o f m e e t i n g c o m m u n i ty c r e d it n e e d s

An 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.
N e e d s to im p r o v e r e c o r d o f m e e t i n g c o m m u n i ty c r e d it n e e d s

An 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 tow - and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
S u b s ta n tia l n o n c o m p lia n c e in m e e tin g c o m m u n i ty c r e d it n e e d s

An 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 July 19, 1996

Name of Bank

None




Bank Address

Examination
Date

Examination
Rating

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

Application
Yellowstone Bank, Laurel, Montana, proposes
to merge with Yellowstone Bank, Absarokee,
Montana; Yellowstone Bank, Billings, Montana;
and Yellowstone Bank, Columbus, Montana, and
incident thereto establish branches in the Montana
communities of Absarokee, Billings, and Columbus. *

August 14, 1996

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Comment Period
Ending Date

Application
Norwest Corporation, Minneapolis, Minnesota,
for prior approval to acquire 100% of the voting
shares of Texas Bancorporation, Inc., Odessa,
Texas. *

August 16, 1996
(Federal Register)

^Subject to CRA

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

Application
NONE.

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
NONE.




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending July 19, 1996
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository institution’s CRA performance, a rating
is assigned from the following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of, and is a leader in, ascertaining and
helping to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall record of ascertaining and helping to
meet the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient record of ascertaining and helping to
meet the credit needs of its entire delineated community, including low-and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.

BANKfSl EXAMINED

DATE OF EXAMINATION

CRA RATING

Dacotah Bank
P.O. Box 359
Lemmon, SD 57638-0359
(605) 374-3853

April 15, 1996

Satisfactory




Federal Reserve Bank o f Kansas C ity

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

DFC Acquisition Corporation Two, Kansas City,
Missouri, for prior approval to acquire 58.18 percent
of the voting shares of Air Academy National
Bancorp, Colorado Springs, Colorado.*

August 16, 1996

FirstBank Holding Company of Colorado ESOP and
FirstBank Holding Company of Colorado, both of
Lakewood, Colorado, for prior approval to acquire
100 percent of the voting shares of FirstBank of
Greeley, Greeley, Colorado.*

August 16, 1996

Premier Bancorp, Inc., Denver, Colorado, for prior
approval to become a bank holding company through
the acquisition of 100 percent of the voting shares of
Premier Bank, Lenexa, Kansas.*

August 16, 1996

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

First Kansas Bancshares, Inc., Hutchinson, Kansas,
for prior approval to engage de novo through its
subsidiary, Personal Finance Corp., Hutchinson,
Kansas, in a joint venture in the sale of credit-related
insurance.

August 6, 1996

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




Federal Reserve Bank of Kansas C ity

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 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 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

CRA Public
Date

The First Bank of Haskell
P.O. Box 128
Haskell, Oklahoma 74436-0128

04/22/96

07/19/96

Satisfactory

Morris State Bank
P.O. Box 70
Morris, Oklahoma 74445-0070

04/22/96

07/19/96

Satisfactory

*Application is subject to CRA.




CRA
Rating

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN

APPLICATIONS A D NOTIFICATIONS FILED D RIN TH W
N
U G E EEK O JULY 15, 1996
F
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY

APPLICATION

NOTICE EXP

None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE

APPLICATION

** NOTICE EXP

♦ Section 3(a)(3) application by
Texas Financial Bancorporation, Inc., Minneapolis, M ,
N
to acquire The Farmers and Mechanics Bank, Galesburg,
Illin o is

N/A

♦ Section 3(a)(3) application by
Henderson Citizens Bancshares, Inc., Henderson, TX, to
acquire W
askom Bancshares, In c., W
askom TX, and F irst
,
State Bank, Waskom, TX

N/A

♦ Section 3(a)(3) application by
Henderson Citizens Bancshares of Delaware, Inc., Dover,
DE, to acquire W
askom Bancshares, Inc., W
askom TX, and
,
F irst State Bank, Waskom, TX

N/A

♦ Section 3(a)(1) application by
Canton Financial Corp., Canton, TX, to acquire The
F irst National Bank of Canton, Canton, TX

N/A

Change in Control Notice by
Marble Falls National Bank 40 1(K) Employee Stock
Ownership Plan, Marble F a lls, TX, to acquire an
interest in Marble F a lls National Bancshares, Inc.,
Marble F alls, TX (Resubmission)
(Previously reported during the week of 6-24-96)
Change in Control Notice by
Mercedes Bancorp, In c., Employee Stock Ownership Plan,
Mercedes, TX, and Trust Company of Texas, Trustee,
Dallas, TX, to acquire an in terest in Mercedes Bancorp,
In c., Mercedes, TX (Resubmission)
(Previously reported during the week of 7-1-96)




N/A

96/07/23

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
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 TH D TE SPECIFIED IN TH N SPAPER NOTICE ONLY.
E A
E EW
N/A - N T AVAILABLE AT THIS TIME.
O




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF JULY 15. 1996

Outstanding record of meeting community credit needs.
An institution in th is 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 it s resources and
capab ilities.
Satisfactory record of meeting community credit needs.
An institution in th is 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 th is group need to improve it s 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 cap ab ilities.
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 cap ab ilities.

Bank
None.




Date of
Examination

CRA Rating

FEDERAL RESERVE BANK OF SAN FRANCISCO

W ending 7/19/96
eek
Section I - Applications Subject to Newspaper Notice Only
AdpI ication

Com ent Period Ending Date
m

None

Section II - Applications Sub/iect to Both
Newspaper and Federal Register Notice
Western Acquisition Partners, L.P., and Western
Acquisition, L.L.C., Buffalo Grove, Illin o is,
to become bank holding companies by acquiring
at least 43.5 percent of Sunwest Bank, Tustin,
California. *

Newspaper:

7/25/96

Fed. Reg.:

7/26/96

Section III -Applications Sub.iect to Federal Register Only
The Tokai Bank, Limited, Nagoya, Japan, to
engage in higher-residual-value leasing, including
leasing tangible personal property, or acting as
agent, broker or adviser in leasing such property,
in which the lessor relies on an estimated residual
value of the property, in excess of the 25 percent
lim itation, through Tokai Financial Services, Inc.,
Berwyn, Pennsylvania.

Fed. Reg.:

8/07/96

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

* Subject to CRA.




FEDERAL RESERVE BANK OF SAN FRANCISCO

W ending 7/19/96
eek
Section V - A vailability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during this
week. Information about a particular institution’ s CRA evaluation m be obtained
ay
directly from the institution.
Institution

Location

Examination Date

Rating*

Capital Bank of North County 2602 El Camino Real
Carlsbad, C 92008-1214
A
(619) 434-3344

3/25/96

Outstanding

Mid-Peninsula Bank

3/25/96

Outstanding

420 Cowper Street
Palo Alto, C 94301-1504
A
(415) 323-5150

*Under the rating system an institution’ s CRA performance is assigned one of the
following four ratings:
Outstandi nq 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 cap ab ilities.

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.

Satisfactory

Needs to Improve record of meeting community credit needs: An institution needs to
improve its overall record of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- to moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Substantial Noncompl i ance in meeting community credit needs:

An institution has a
substantially deficient record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- to moderate-income neighborhoods, in
a manner consistent with its resources and capabilities.

The above listin g has been prepared as a courtesy by the Federal Reserve Bank of San
Francisco, and is not intended to replace formal notices required by statute or
regulation; the Reserve Bank assumes no responsibility for errors or omissions.




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