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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1992, No. 30
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending July 25, 1992

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
Banc One Corporation* Columbus* Ohio — to acquire
certain assets and assume certain liabilities of
Diamond Savings and Loan Company* Findlay* Ohio.
Approved* July 20* 1992.
Glacier Bancorp* Inc.* Kalispell* Montana — to
acquire Evergreen Bancorporation* to engage in
savings and loan activities through First Federal
Savings Bank of Montana* and to engage in
securities brokerage activities.
Approved* July 20* 1992.
West Shore Bank Corporation* Scottville* Michigan —
to acquire certain assets and assume certain
liabilities of the Ludington* Michigan* branch of
Great Lakes Bancorp* F.S.B.* Ann Arbor* Michigan.
Approved, July 20* 1992.
BOARD OPERATIONS
Division of Reserve Bank Operations and Payment
Systems — restructuring and assignments of
official staff.
Approved, July 24* 1992.
ENFORCEMENT




Bank of the Brandywine Valley* West Chester*
Pennsylvania — issuance of order of prohibition
and cease and desist order against Seth T. Gardner;
and order of prohibition against Stephen H.
Bennett.
Announced* July 23* 1992.
Bay Port Associates* Bay Port* Michigan — order of
removal and prohibition against James V. Foster.
Announced* July 22* 1992.
Constellation Bancorp* Elizabeth* New Jersey —
written agreement dated July 20* 1992* with the
Federal Reserve Bank of New York.
Announced* July 23* 1992.
First Eastern Corp.* Wilkes - Barre* Pennsylvania —
written agreement dated July 15* 1992* with Federal
Reserve Bank of Philadelphia.
Announced* July 21* 1992.

H .2
JULY 20,
PAGE 2

1992

TO

JULY 24,

1992

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

INTERNATIONAL OPERATIONS
Morgan Guaranty International Finance Corporation,
New York, New York — to make an investment in J.P.
Morgan Sterling Securities Limited, London,
England.
Permitted, July 19, 1992.
REGULATIONS AND POLICIES
Section 20 orders — publication of Federal Register
document on alternative methods to adjust the
10 percent revenue test limiting ineligible
securities activities of subsidiaries of bank
holding companies.
Authorized, July 20, 1992.

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and
Community Affairs; FOMC - Federal Open Market 'Committee; FRBO - Federal Reserve
Bank Operations; IF - International Finance; OSDM - Office of Staff Director
for Management
BANK BRANCHES, DOMESTIC




Kansas City

Belcaro Bank, Glendale, Colorado, Denver Tec Bank,
Denver, and The Professional Bank of Colorado,
Englewood, Colorado — contractual branch
arrangements.
Approved, July 21, 1992.

Cleveland

Chippewa Valley Bank, Rittman, Ohio — to establish a
branch at 6689 Greenwich Road, Westfield Center,
Ohio.
Returned, July 20, 1992.

Chicago

Cole Taylor Bank, Chicago, Illinois — to establish
an offsite electronic facility at the Walmart
Store, 103rd Street and Harlem Avenue.
Approved, July 20, 1992.

Cleveland

Exchange Bank, Luckey, Ohio — to establish a branch
at 940 Clarion Avenue, Holland, Ohio.
Approved, July 20, 1992.

H .2
JULY 20,
PAGE 3

1992

TO

JULY 24,

1992

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

BANK BRANCHES, DOMESTIC




Chicago

First of America Bank-Ann Arbor, Ann Arbor, Michigan;
First of America Bank-Central, Lansing; First of
American Bank-Northern Michigan, Traverse City;
First of America Bank-West Michigan, Grand Rapids;
and Security Bank and Trust Company, Southgate,
Michigan — to provide contractual branches with
First of America Bank-Michigan, National
Association, Kalamazoo; First of America Bank MidMichigan, National Association, Bay City; First of
America-Southeast Michigan, National Association,
Detroit; and First of America Bank-Upper Peninsula,
National Association, Marquette, Michigan.
Approved, July 23, 1992.

Kansas City

Friendly Bank of Oklahoma City, Oklahoma City,
Oklahoma — to establish an ATM facility at
7777 South May Avenue.
Approved, July 21, 1992.

Chicago

Union Bank / Sandwich, Sandwich, Illinois — to
establish an automatic teller machine at Route 34
and Dayton Street.
Approved, July 23, 1992.

San Francisco

Valley Bank of Nevada, Las Vegas, Nevada — to
establish a branch at 2200 East Warm Springs Road.
Approved, July 22, 1992.

H .2
JULY 20,
PAGE 4

1992

TO

JULY 24,

1992

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

BANK HOLDING COMPANIES




New York

Chase Manhattan National Corporation, New York, New
York — to acquire Chase Manhattan Bank, N.A.,
Wilmington, Delaware, and certain nonbanking
subsidiaries of The Chase Manhattan Corporation,
New York, New York.
Withdrawn, July 24, 1992.

New York

Chase Manhattan National Corporation, New York, New
York — to establish a branch in Jersey, Channel
Islands, to accept deposits from non U.S. residents
and non U.S. citizens.
Withdrawn, July 24, 1992.

Atlanta

First Citizens Bancorp, Cleveland, Tennessee — to
acquire Basin Bancorp, Inc., Ducktown, Tennessee,
and The Home Bank of Tennessee.
Approved, July 20, 1992.

Chicago

First Community Bancshares, Inc., Bargersville,
Indiana — to acquire Bargersville Federal Savings
Bank.
Approved, July 24, 1992.

New York

Great Falls Bancorp, Totowa, New Jersey — to acquire
NJ Mortgage Company, and engage in mortgage banking
activities for Great Falls Bank.
Withdrawn, July 24, 1992.

Minneapolis

Highland Bancorporation, Inc., Minneapolis, Minnesota
— to engage in lending activities to controlling
shareholders.
Withdrawn, July 24, 1992.

Minneapolis

McVille Financial Services, Inc., McVille, North
Dakota — to acquire McVille State Bank.
Approved, July 24, 1992.

New York

National Westminster Bank PLC, London, England, and
NatWest Holdings, Inc., New York, New York — to
engage in financial advisory and securities
brokerage services through County NatWest
International Limited, New York, New York.
Withdrawn, July 20, 1992.

H .2
JULY 20,

1992

TO

JULY 24,

1992

PAGE 5
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES
Dallas

Roscoe (Delaware), Inc., Wilmington, Delaware -- to
acquire The Roscoe State Bank, Roscoe, Texas.
Approved, July 24, 1992.

Dallas

Roscoe Financial Corporation, Roscoe, Texas — to
acquire Roscoe (Delaware), Inc., Wilmington,
Delaware, and The Roscoe State Bank, Roscoe, Texas.
Approved, July 24, 1992.

Minneapolis

Security Northwest Bancorporation, Inc., Minneapolis,
Minnesota -- to engage in lending activities to
controlling shareholders.
Withdrawn, July 24, 1992.

Cleveland

Society Corporation, Cleveland, Ohio -- to acquire
First American Bank-Monroe, Monroe, Michigan.
Approved, July 21, 1992.

Dallas

Texas Independent Bancshares, Inc., Texas City, Texas
— to engage in data processing activities.
Approved, July 23, 1992.

Minneapolis

Winton Jones Limited Partnership, Wayzata,
Minnesota — to acquire Anchor Bancorp, Inc.
Approved, July 24, 1992.

BANK PREMISES




S t . Louis

Arkansas Bank and Trust Company, Hot Springs,
Arkansas — investment in bank premises.
Approved, July 23, 1992.

Kansas City

Castle Rock Bank, Castle Rock, Colorado —
in bank premises.
Approved, July 24, 1992.

Minneapolis

North Shore Bank of Commerce, Duluth, Minnesota —
investment in bank premises.
Approved, July 20, 1992.

Kansas City

OMNIBANK-Arvada, Arvada, Colorado —
bank premises.
Approved, July 24, 1992.

investment

investment in

H .2

JULY 2 , 1 9 TO JULY 2 , 1 9
0 92
4 92
PAGE 6
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK PREMISES
Kansas City

United Bank and Trust Company of Norman, Norman,
Oklahoma — investment in bank premises.
Approved, July 24, 1992.

Kansas City

Webb City Bank, Webb City, Missouri —
bank premises.
Approved, July 20, 1992.

investment in

BANKS, STATE MEMBER
New York

United States Trust Company of New York, New York,
New York — payment of a dividend.
Approved, July 20, 1992.

CHANGE IN BANK CONTROL
St. Louis

Du Quoin Bancorp, Inc., Du Quoin, Illinois —
in bank control.
Permitted, July 24, 1992.

Dallas

National Bancshares Corporation of Texas, San
Antonio, Texas — change in bank control.
Withdrawn, July 21, 1992.

S t . Louis

Southeast Arkansas Bank Corporation, Lake Village,
Arkansas — change in bank control.
Permitted, July 22, 1992.

Kansas City

United Bank and Trust Company of Norman, Norman,
Oklahoma — change in bank control.
Permitted, July 20, 1992.

Minneapolis

Wabeno Bancorporation, Inc., Venice, Florida —
change in bank control.
Returned, July 20, 1992.

change

COMPETITIVE FACTORS REPORTS




San Francisco

American Savings Bank, Los Angeles, California,
proposed purchase of assets and assumption of
liabilities of the Fallon, Nevada, branch of
California Federal Bank, FSB, Los Angeles,
California — report on competitive factors.
Submitted, July 24, 1992.

H .2
JULY 20,
PAGE 7

1992

TO

JULY 24,

1992

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

COMPETITIVE FACTORS REPORTS




Cleveland

Ameritrust Development Bank, Cleveland, Ohio,
proposed merger with Society National Bank,
Cleveland, Ohio — report on competitive factors.
Submitted, July 20, 1992.

Cleveland

Bank One, Marion, Ohio, proposed purchase of the
assets and assumption of the liabilities of the
Carey, Ohio, and Upper Sandusky, Ohio, offices of
Diamond Savings and Loan Company, Findlay, Ohio —
report on competitive factors.
Submitted, July 21, 1992.

Cleveland

Bank One, Lima, N.A., Lima, Ohio; Bank One, Fremont,
Fremont; and Bank One, Sidney, N.A., Sidney, Ohio,
proposed purchase of certain assets and assumption
of the liabilities of 23 Ohio branches of Diamond
Savings and Loan Company, Findlay, Ohio — report
on competitive factors.
Submitted, July 21, 1992.

Atlanta

Citizens Bank of Clearwater, Florida, proposed merger
with Citizens Interim Bank -- report on competitive
factors.
Submitted, July 20, 1992.

St. Louis

Conservative Bank, A Federal Savings Bank, St. Louis,
Missouri, proposed merger with First Granite City
Savings and Loan, Granite City, Illinois -- report
on competitive factors.
Submitted, July 22, 1992.

Cleveland

Diamond Savings and Loan Company, Findlay, Ohio,
proposed sale of branches to Banc One Corporation,
Columbus, Ohio, and Belmont National Bank, St.
Clairsville, Ohio — report on competitive factors.
Submitted, July 21, 1992.

Richmond

Fidelity Bank, Fuquay - Varina, North Carolina,
proposed purchase of certain assets and assumption
of certain liabilities of the Raeford, North
Carolina, branch of First-Citizens Bank & Trust
Company, Raleigh, North Carolina — report on
compet it ive factors.
Submitted, July 20, 1992.

H .2
JULY 20,
PAGE 8

1992

TO

JULY 24,

1992

ACTIO NS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS




Kansas City

First Bank of Apache, Apache, Oklahoma, proposed
merger with First Apache Bancshares, Inc., —
report on competitive factors.
Submitted, July 24, 1992.

Chicago

First Community Bank & Trust, Bargersville, Indiana,
proposed merger with Bargersville Federal Savings
Bank — report on competitive factors.
Submitted, July 24, 1992.

S t . Louis

First National Bank of Kirksville, Kirksville,
Missouri, proposed acquisition of two branches of
Northeast Missouri State Bank — report on
competitive factors.
Submitted, July 24, 1992.

Atlanta

Home Financial Corporation, Mutual Holding Company,
Hollywood, Florida, to reorganize as a mutual
holding company and by Home Savings Bank, FSB, to
apply for minority stock issuance — report on
competitive factors.
Submitted, July 20, 1992.

Chicago

Keokuk Bancshares, Inc., Keokuk, Iowa, proposed
acquisition of Hancock Savings and Loan
Association, Carthage, Illinois — report on
competitive factors.
Submitted, July 22, 1992.

Cleveland

KSB Bank, Killbuck, Ohio, proposed merger with The
Killbuck Savings Bank — report on competitive
factors.
Submitted, July 20, 1992.

Boston

Middlesex Savings Bank, Natick, Massachusetts,
proposed acquisition of certain assets and
assumption of certain liabilities of the
830 Washington Street, Holliston; and 10 Main
Street, Hopkinton, Massachusetts, branches —
report on competitive factors.
Submitted, July 20, 1992.

H .2
JULY 20,
PAGE 9

1992

TO

JULY 24,

1992

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

COMPETITIVE FACTORS REPORTS




S t . Louis

Ohio Valley National Bank of Henderson, Henderson,
Kentucky, proposed merger with National Acquisition
Bank of Ohio Valley — report on competitive
factors.
Submitted, July 24, 1992.

Richmond

Peoples Bank, Inc., Honaker, Virginia, proposed
purchase of certain assets and assumption of
certain liabilities of the Pound and Duffield,
Virginia, branches of NationsBank of Virginia,
N.A., Richmond, Virginia — report on competitive
factors.
Submitted, July 23, 1992.

Philadelphia

Premium Federal Savings Bank, Gibbsboro, New Jersey,
proposed purchase of the assets and assumption of
the liabilities of Premium Interim Federal Savings
Bank — report on competitive factors.
Submitted, July 23, 1992.

Atlanta

Republic Savings Financial Corporation, Palm Beach
Gardens, Florida, proposed merger with Homestead
Federal Savings Bank, Homestead, Florida — report
on competitive factors.
Submitted, July 20, 1992.

Atlanta

Society National Trust Company, Naples, Florida,
proposed merger with Ameritrust Southeast National
Association, Tampa, Florida — report on
competitive factors.
Submitted, July 20, 1992.

H .2
JULY 20,
PAGE 10

1992

TO

JULY 24,

1992

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

COMPETITIVE FACTORS REPORTS
Chicago

State Savings Bank of Scottville, Scottville,
Michigan, proposed acquisition of certain assets
and assumption of deposit liabilities of the
Ludington branch of Great Lakes Bancorp, FSB, Ann
Arbor, Michigan — report on competitive factors.
Submitted, July 20, 1992.

Secretary

U.S. Bank of California, Auburn, California, proposed
merger with 20 branches of Bank of America National
Trust and Savings Association, San Francisco,
California — report on competitive factors.
Submitted, July 24, 1992.

Kansas City

Wauneta Falls Bank, Wauneta, Nebraska, proposed
acquisition of the assets and assumption of the
liabilities of Grant Community Federal Credit
Union, Grant, Nebraska — report on competitive
factors.
Submitted, July 20, 1992.

EXTENSIONS OF TIME




Atlanta

Farmers State Bancshares, Irtc. Mountain City,
,
Tennessee — extension to November 7, 1992, to
acquire Farmers State Bank.
Granted, July 22, 1992.

Cleveland

Fifth Third Bancorp, Cincinnati, Ohio, extension to
October 31, 1992, to acquire First Federal Savings
and Loan Association of Lima, Lima, Ohio.
Granted, July 23, 1992.

Cleveland

Fifth Third Bancorp, Cincinnati, Ohio — extension to
October 31, 1992, to acquire First Lima National
Bank of Lima, Lima, Ohio.
Granted, July 23, 1992.

San Francisco

First Interstate Bancorp, Los Angeles, California —
extension to divest certain property.
Granted, July 21, 1992.

H .2
JULY 20,
PAGE 11

1992

TO

JULY 24,

1992

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

EXTENSIONS OF TIME
Cleveland

First Lima National Bank of Lima, Lima, Ohio —
extension to October 31, 1992, to merge with First
Federal Savings and Loan Association of Lima.
Granted, July 23, 1992.

Chicago

Firstar Corporation, Milwaukee, Wisconsin —
extension to November 27, 1992, to acquire
Federated Bank, S.S.B., Wauwatosa, and Federated
Insurance Services Corporation, Menomonee Falls,
Wisconsin.
Granted, July 23, 1992.

Atlanta

Phenix - Girard Bancshares, Inc., Phenix City,
Alabama — extension to October 28, 1992, to
acquire Phenix-Girard Bank.
Granted, July 22, 1992.

Atlanta

SunTrust Banks, Inc., Atlanta, Georgia — extension
to November 7, 1992, to acquire Peoples Bank of
Lakeland, Lakeland, Florida.
Granted, July 22, 1992.

San Francisco

U.S. Bancorp, Portland, Oregon —
divest certain properties.
Granted, July 24, 1992.

extensions to

INTERNATIONAL OPERATIONS
Secretary

First Interstate Overseas Investment, Inc., Los
Angeles, California — amendment to Articles of
Association.
Approved, July 20, 1992.

Kansas City

Anadarko Bank & Trust Company, Anadarko, Oklahoma —
to become a member of the Federal Reserve System.
Approved, July 23, 1992.

MEMBERSHIP




H .2
JULY 20,
PAGE 12

1992

TO

JULY 24,

1992

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

RESERVE BANK SERVICES
Director, FRBO

Federal Reserve Bank of Atlanta — to decrease the
current daily minimum fee for the MICR capture
service in Atlanta, Miami, and New Orleans.
Approved, July 21, 1992.

SECURITIES REGULATION
Director, BS&R




Over-the-counter stocks — revised list of OTC stocks
subject to margin requirements, and a list of
foreign margin stocks, effective August 10, 1992.
Published, July 24, 1992.

H .2
JULY 20,
PAGE 13

A D D IT IO N S AND CORRECTIONS
1992

TO

JULY 24,

1992

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

BANKS, STATE MEMBER




Director, BS&R

Valley Bank & Trust Co., Salt Lake City, Utah —
registration as transfer agent.
Withdrawn, July 14, 1992.

FEDERAL RESE R V E BANK OF B O S T O N A P P LICATIONS

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

Comment Period Ending Date

Application
NONE

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY

Application

Comment Period Ending Date

Fleet Financial Group,
Federal Register
Inc., Providence, Rhode
Island - 4(c)(8) application
to engage in asset management,
servicing, and collection activities
through Fleet Commercial Finance
Corporation

Not Yet Established

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

Application
NONE

♦Subject to CRA




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
♦♦Rating Definitions : "0" - Outstanding; "S" - Satisfactory;
- Needs to Improve; "SN" - Substantial Noncompliance.
Institution




Examination Date

NONE

Rating**

"

F e d e r a l R e s e r v e B a n k of N e w Y o r k

Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
___________ Notice Only___________
None.
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None.
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
None.
SECTION IV
Applications Not Involving
______ Public Comment______
None.
SECTION V
Availability of CRA Public Evaluations
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following group:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community,including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.



Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- and 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.
Week Ending July 25, 1992
NAME OF BANK

RATING

UBAF Arab American Bank
40 East 52nd Street
New York, N.Y. 10022

Satisfactory

1/
2/
3J
4/

EXAMINATION DATE
January 6, 1992

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




F E D E R A L R E S E R V E B ANK OF P H I L A D E L P H I A

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

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Comment Period Ending Date
Meridian Bancorp, Inc., Reading, PA proposes to
8/17/92
engage de novo, through its existing subsidiary,
Meridian Securities, Inc., Reading, PA, in underwriting
and dealing in government obligations and other securities,
pursuant to Section 225.25 (b)(16) of Reg.Y and Section
4(c)(8) of the Bank Holding Company Act.
Secretary delegated.

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 RE S E R V E BANK OF P H I L A D E L P H I A

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 24, 1992.
Identification of Ratings
In connection with the assessment of each insured depository
performance, a rating is assigned from the following groups:

institution's

CRA

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




Examination Date
NONE.

CRA Rating

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

Applications Bulletin
For Week Ending July 25 , 1992
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
Received OAKAR application from Provident
National Bank, Philadelphia, Pennsylvania,
on July 21, 1992, to merge with First
American Savings, F.A., Jenkintown,
Pennsylvania, and Brandywine Savings Bank,
PaSA, Dowingtown, Pennsylvania.
Received application from KSB Bank, Killbuck,
Ohio on July 7, 1992, to merge with The
Killbuck Savings Bank Company, Killbuck, Ohio.
Received application from The Killbuck
Savings Bank
Company, (formerly KSB Bank)
Killbuck, Ohio, on July 7, 1992, to become a
member of the Federal Reserve System.

* Not Yet Known #

* August 8, 1992

August 8, 1992

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Received Section 3 (a)(1) application from
Central
Bancshares, Inc., St. Paris, Ohio,
on July 22, 1992, to acquire The First Central
National Bank of St. Paris, St. Paris, Ohio.

* Not Yet Known #

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Received Section 4(c) (8) application from
PNC Finacial Corp, Pittsburgh, Pennsylvania,
on July 21, 1992, to acquire Flagship
Financial Corp., Jenkintown, Pennsylvania.

*
N
F
#

-

* Not Yet Known #

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




Federal

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

Applications Bulletin
For Week Ending July 25, 1992

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Received
application
Indianapolis,
Indiana,
(t.b.k.a. BIL Holdings,

*
N
F
#

-

from
Bank
One,
Indianapolis,
N.A . ,
to establish an Agreement Corporation
Inc.) pursuant to Regulation K.*

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




Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

The National Bank of South Carolina,
Charleston, South Carolina, a sub­
sidiary of NBSC Corporation, Sumter,
South Carolina, to merge with First
Trident Savings and Loan Association,
Charleston, South Carolina, in an
Oakar transaction.*

Not yet- available.

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

Comment Period Ending Date

Bailey Financial Corporation, Clinton,
South Carolina, to become a bank holding
company through the acquisition of M.S.
Bailey & Son, Bankers, Clinton, South
Carolina.*

8-14-92

Harbor Bankshares Corporation, Baltimore,
Maryland, to become a bank holding company
through the acquisition of The Harbor Bank
of Maryland, Baltimore, Maryland.*

8-24-92

Section III - Applications Subject to Federal Register Notice
Application
First Union Corporation, Charlotte,
North Carolina, to acquire up to 15%
of the voting shares of Southeast
Switch, Inc., Maitland, Florida.
Wachovia Corporation, Winston-Salem,
North Carolina, to acquire up to 15%
of the voting shares of Southeast
Switch, Inc., Maitland, Florida.

Comment Period Ending Date

;
8-10-92*
**

8-10-92**

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



Federal Reserve Bank of Richmond

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




Comment Period Ending Date

Federal Reserve Bank of Richmond
Availability of CRA Public Evaluations
Week ending July 24, 1992

Definition of Ratines
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

Ratine

Peoples Bank of Danville
P. 0. Box 1658
Danville, VA 24543

5-4-92

Satisfactory

South Boston Bank
4013 Halifax Street
South Boston, VA 24592

5-4-92

Satisfactory

Blue Ridge Bank
213 N. Locust
Floyd, VA 24091

5-4-92

Satisfactory

5-11-92

Satisfactory

Citizens Bank of Virginia
P. 0. Box 12588
Arlington, VA 22209




Federal Reserve Bank of Richmond
Availability of CRA Public Evaluations--contd.
Week ending July 24, 1992

Examination
Date

Rating

Peoples Bank of Virginia
9970 Ironbridge Road
Chesterfield, VA 23832

5-11-92

Satisfactory

St. Michaels Bank
213 Talbot Street
St. Michaels, MD 21663

5-11-92

Satisfactory




Federal R e s e r v e B a n k of A t l a n t a
A p p l i c a t i o n s B u l l e t i n for W e e k E n d i n g J u l y 24.

1992

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

First National Bancorp
Gainesville, Georgia
To acquire Citizens Bank, Ball Ground,
Georgia, through merger with its parent
company, First Citizens Bancorp of
Cherokee County, Inc., Ball Ground,
Georgia.

Not yet available*

Section 3 - Applications Subject to Federal
Register Notice Only
Application

Comment Period Ending Date

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

08-10-92

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

Application
None.

♦Subject to Provisions of the Community Reinvestment Act.




F e d e r a l R e s e r v e B a n k of A t l a n t a
A p p l i c a t i o n s B u l l e t i n f or W e e k E n d i n g J u l y 24.

1 992

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
The Peoples Bank and
Trust Company
Post Office Box 799
Selma, Alabama 36702
(205) 875-1000




Rating

Date

Outstanding

03-30-92

Federal Reserve Bank of Chicago
Section I - Applications Subject to N e w spaper
Notice Onl v
Type

Application

Merger/
Branch

Cole Taylor Bank
Chicago, Illinois
Cole Taylor Bank/Yorktown
Lombard, Illinois
491 E. Roosevelt Road
Lombard, Illinois*

Comment P e r i o d
Ending Date
N

- **

S ection II - Applications Subject to Both N e w s p a p e r and Federal
Register Notice

Comment Period
Ending Date

Type

Application

CoC-HC

B J S, Inc.
West U nion, Iowa
Gordon A. Lauer

FR - 7-27-92
N
- 8-8-92

Y-2

Heartland Bancorp, Inc.
El Paso, Illinois
First National Bank and Trust Comp a n y
in Gibson City
Gibson City, Illinois*

FR - 7-24-92
N
- 7-24-92

Y-2

Firstbank of Illinois Co.
Springfield, Illinois
First Highland Corp.
Highland, Illinois
The First National Bank of H i g h l a n d
Highland, Illinois*

FR - 8-10-92
N
- 7-24-92

Y-2

D u n l a p Iowa Holding Co.
Dunlap, Iowa
Soldier Valley Financial Services, Inc.
Soldier, Iowa
Soldier Valley Savings B ank
Soldier, Iowa*

FR - 8-14-92
N
- **




Federal Reserve Bank of Chicago
Section III

-

Applications Subject to Federal Register
Notice Only
Comment Period
Ending Date

Type

Application

Y-4

Brenton B a n k s , I n c
Des M o i n e s , Iowa
A m e s Financial Corporation
Ames, Iowa
A m e s Savings Bank, FSB
Ames, Iowa

4(c)(8)

Continental Mort g a g e Corporation
F R - 8-14-92
Maywood, Illinois
Continental M ortgage Banking Corporation
Maywood, Illinois - business of
originating, pro c e s s i n g and funding 1-4 f a m i l y
residential m o r tgages

.

F R - 8-14-92

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

Application

None

N
FR
*
**

-

Newspaper
Federal Register
Subject to Provisions of Community Reinvestment Act
Not available at this time




AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following state member banks have been examined by the Federal Reserve Bank
of Chicago for compliance with the CRA. The 30-business day period the bank has
to make the evaluation public has lapsed during the week ending July 24, 1992.
If you are interested in obtaining a copy of the evaluation document, please
contact the bank(s) directly.
Identification of Ratings
O-An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
S-An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
NI-An institution in this group needs to improve its overall record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
SN-An institution in this group has a substantially deficient record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
BANK NAME/LOCATION

EXAMINATION DATE

RATINGS

-The State Bank of Geneva
22 South 4th Street, Box 108
Geneva, Illinois
60134
(708) 232-3200

4/13/92

NI

-Iowa State Bank & Trust
Company of Fairfield, Iowa
P.O. Box 927
Fairfield, Iowa
52556-0927
(515) 472-3161

4/14/92

S




Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING JULY 24, 1992

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End of Comment Period

None.

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

End of Comment Period

Change in control notification involving Schuyler
County Bancshares, Inc., Kirksville, Missouri
by Randall E. Riley

Not yet available

Change in control notification involving Schuyler
County Bancshares, Inc., Kirksville, Missouri by
Rick F. Riley

Not yet available

* Section 3(a)(3) application by Southwest Bancshares,
Inc., Trumann, Arkansas to acquire Caraway Bank,
Caraway, Arkansas
Newspaper: 9-5-92

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application

End of Comment Period

Section 4(c)(8) notification by Central Arkansas
Bancshares, Inc., Arkadelphia, Arkansas to engage
de novo in securities brokerage, through Central
Arkansas Securities Inc., Hot Springs, Arkansas

Not yet available

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
End of Comment Period
Stock redemption notification by Schuyler County
Bancshares, Inc., Kirksville, Missouri




Not applicable




Stock redemption notification by Southwest Illinois
Bancshares, Inc., Coulterville, Illinois

Not applicable

Stock redemption notification by Cabot Bankshares,
Inc., Cabot, Arkansas

Not applicable

Section 24A application by Arkansas Bank & Trust
Company, Hot Springs, Arkansas to make an additional
investment in bank premises
Not applicable
Section 24A application by UniSouth Banking
Corporation, Columbus, Mississippi to make an
additional investment in bank premises

Not applicable

Section 9 application by Bank of Gainesville,
Gainesville, Missouri to become a member of the
Federal Reserve System

Not applicable

This application is subject to CRA.

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

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

Bank of Cairo and
Moberly




July 24, 1992

Examination
Date

Bank Address

P. 0. Box 547
Moberly, Missouri

4-27-92
65270

Examination
Rating
Satisfactory

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

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

Application
None.

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

Application
None.
Section III - Applications Subject
to Federal Register Notice Only-

Comment Period
Ending Date

Application
Norwest Corporation
Mpls, MN
To engage de novo in providing
investment advisory and manage­
ment consulting services to in­
sured depository institutions.

Not yet available

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




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending July 31, 1992
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of,
and is a leader in, ascertaining and helping to meet the
credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its
resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low-and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.

BANK ( ) EXAMINED
S
None.




DATE OF EXAMINATION

CRA RATING

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

Second Century Financial Corporation,
Perry, Kansas, for prior approval to
become a bank holding company through
the acquisition of 90.63 percent of
the voting shares of the Bank of
Perry, Perry, Kansas.*

Not Available

C.S. Bancshares, Inc., Chillicothe,
Missouri, for prior approval to
acquire 94.5 percent of the voting
shares of Ray County Bank, Richmond,
Missouri.*

August 5, 1992

P.N.B. Financial Corporation,
Kingfisher, Oklahoma, for prior
approval to acquire 100 percent of
the voting shares of Helena National
Bank, Helena, Oklahoma.*

August 10, 1992

Decatur Investment, Inc., Oberlin,
Kansas, for prior approval to acquire
99.5 percent of the voting shares of
State Bank of Atwood, Atwood,
Kansas.*

August 14, 1992

F.S.B., Inc., Superior, Nebraska, to
merge with First Formoso, Inc.,
Mankota, Kansas, and thereby directly
acquire 100 percent of the voting
shares of Jewell County Bank,
Mankato, Kansas.*

August 14, 1992

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

August 14, 1992




Federal Reserve Bank of Kansas City

United Missouri Bancshares, Inc.,
Kansas City, Missouri, through a
wholly-owned subsidiary, United
Subsidiary, Inc., Kansas City,
Missouri, for prior approval to
acquire 100 percent of the voting
shares of M L Bancshares, Inc.,
Wichita, Kansas.*

August 14, 1992

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

August 11, 1992

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

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




Federal Reserve Bank of Kansas City

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

Exam Date

None.*

*Application is subject to CRA.




CRA Public
Date

CRA
Rating

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF JULY 20, 1992
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

Oakar Application by
Peoples Bancshares, Inc., Belton, TX (Peoples National
Bank, Belton, TX), to acquire Bluebonnet Savings
Bank, F.S.B., Salado, TX Branch
(Previously reported during the week of 7-13-92)

92/08/11

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

APPLICATION
Change in Control Notice by
Raymond Eugene McDonald, Greenville, TX, to acquire
an interest in Colonial Bancshares of Greenville, Inc.,
Greenville, TX

N/A

♦Section 3(a)(1) application by
Harlingen Bancshares, Inc., Harlingen, TX, to acquire
HN Bancshares of Delaware, Inc., Wilmington, DE;
Harlingen National Bancshares, Inc., Harlingen, TX; and
Harlingen National Bank, Harlingen, TX

92/08/12

♦Section 3(a)(1) application by
HN Bancshares of Delaware, Inc., Wilmington, DE, to
acquire Harlingen National Bank, Harlingen, TX

92/08/12

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

NOTICE EXP

None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
Notice by Colonial Bancshares of Greenville, Inc.,
Greenville, TX, to redeem 145,994 shares of its common stock

* 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 20. 1992

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 asatisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to Improve record of meeting community credit needs.
An
institution in this group need
to improve its overall record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Substantial Noncompliance in meeting community credit needs.
An
institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.

Bank

Date of
Examination

The First State Bank of Matador
P. 0. Box 60
Main Street & Dundee
Matador, Texas 79244
92/05/04




CRA Rating

Satisfactory

FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 7/24/92
Section I - Applications Subject to Newspaper Notice Only
A d d Iication

Comment Period Ending Date

None

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

Comment Period Ending Date

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

Newspaper:

8/24/92

Fed. Rea.:

8/17/92

John W. and Nancy A. McEvoy, Casa Grande,
Arizona, to retroactively increase ownership
to 15.05 percent of Sunstate Bancshares, Inc.,
Casa Grande, Arizona.

Newspaper:

Not available

Fed. Reg.:

8/17/92

Section III - Applications Subject to Federal Register Notice Only

None

Section IV - Applications Not Sub.iect to Federal Register Notice
or Newspaper Notice

None

* Subject to CRA




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

Week ending 7/24/92
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending July 24, 1992. Information about a particular institution's
CRA evaluation may be obtained directly from the institution.
Institution

Location

Bank of Utah

2605 Washington Blvd.
Ogden, UT 84402
Tel: (801) 621-8512

Examination Date
4/13/92

Rating*
Satisfactory

* Under the rating system an institution's CRA performance is assigned one of
the following four ratings:
Outstanding record of meeting community credit needs: An institution has an
outstanding record of, and is a leader in, ascertaining and helping to meet
the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs: An institution has a
satisfactory record of ascertaining and meeting the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs: An institution
needs to improve its overall record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.
Substantial noncomoliance in meeting community credit needs: An institution
has a substantially deficient record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.




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