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RESEARCH LIBRARY
ANNOUNCEMENT
BOARDj p ^ ^ W
9 3
FEDERAL tflgSERYP. SYSTEM
H. 2, 1993, No. 27
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending July 3, 1993
OF CLEVELAND
ACTIONS TAKEN BY THE BOARD OF GOVERNORS
BANK HOLDING COMPANIES
AMCORE Financial, Inc., Rockford, Illinois -- to
engage in private placement activities through
AMCORE Investment Banking, Inc.
Approved, July 2, 1993.
BOARD OPERATIONS
Budget guideline for 1994.
Approved, June 30, 1993.
REGULATIONS AND POLICIES
Consolidation of purchases and sales service at the
Federal Reserve Bank of Chicago.
Proposed, June 30, 1993.
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and
Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve
Bank Operations; IF - International Finance; 0S0M - Office of Staff Director
for Management
BANK BRANCHES. DOMESTIC
Atlanta
Indian Rocks State Bank, Largo, Florida - - t o
establish a branch at 9111 Oakhurst Road, Seminole,
Florida.
Approved, July 1, 1993.
Chicago-
Rock Island Bank, Rock Island, Illinois -- to
establish a branch at 590 42nd Avenue, East Moline,
Illinois.
Returned, June 29, 1993.
Atlanta
SouthTrust Bank of West Florida, St. Petersburgh,
Florida - - t o establish a branch at 204 South Kings
Avenue, Brandon, Florida.
Approved, June 28, 1993.
H.2
JUNE 28, 1993
PAGE 2
TO
JULY 2, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK HOLDING COMPANIES
St. Louis
Cass Commercial Corporation, St. Louis, Missouri -to engage de novo in data processing activities
through Cass Logistics, Inc., Bridgeton, Missouri.
Withdrawn, July 2, 1993.
Kansas City
CCB Corporation, Kansas City, Missouri -- to acquire
the Acquisition Corporation, Leawood, Kansas.
Approved, June 30, 1993.
Dallas
Central Texas Bankshare Holdings, Inc., Columbus,
Texas -- to acquire Columbus State Bank.
Approved, July 1, 1993.
New York
Corporacion Bancaria de Espana, S.A., Madrid, Spain
- to remain a bank holding company through
retention of shares of Banco Exterior de Espana,
S.A.
Returned, July 1, 1993.
Chicago
Firstar Corporation, Milwaukee, Wisconsin, and
F.W.S.F. Corp. - - t o acquire Athens Bancorp, Inc.,
Wausau, Wisconsin, and Bank of Athens.
Approved, July 1, 1993.
Atlanta
FMB Bancshares, Inc., Lakeland, Georgia -- to merge
with United Bankshares, Inc., Nashville, Georgia,
and acquire United Banking Company.
Approved, July 1, 1993.
Chicago
Heritage Bancshares Group, Inc., Minneapolis,
Minnesota -- to acquire Geiger Corporation, and
Heritage Bank, National Association, Holstein,
Iowa, and Heritage Bancshares, Inc., Minneapolis,
and Heritage Bank, National Association, Willmar,
Minnesota.
Returned, June 28, 1993.
San Francisco
Sierra Tahoe Bancorp, Truckee, California -- to
engage in mortgage lending activities through
Sierra Tahoe Mortgage.
Returned, July 1, 1993.
Kansas City
Southeast Capital Corporation ESOP, Idabel,
Oklahoma --to acquire Southeast Capital
Corporation.
Approved, July 2, 1993.
H.2
JUNE 28, 1993
PAGE 3
TO
JULY 2
,
1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK HOLDING COMPANIES
St. Louis
Union Planters Corporation, Memphis, Tennessee - - t o
acquire Hogue Holding Company, Inc., Weiner,
Arkansas, and Bank of Weiner.
Approved, June 30, 1993.
Cleveland
Whitaker Bank Corporation, Lexington, Kentucky -- to
engage de novo in data processing activities.
Permitted, July 1, 1993.
BANK MERGERS
Richmond
F & M Bank-Winchester, Winchester, Virginia -- to
purchase certain assets and assume certain
liabilities of The Farmers and Merchants National
Bank of Hamilton, Hamilton, Virginia.
Approved, June 30, 1993.
Kansas City
Grand Junction Bank, Grand Junction, Colorado -- to
merge with Glenwood Springs Bank, Glenwood Springs,
Colorado, and to establish a branch.
Approved, June 30, 1993.
Chicago
NBD Bank, Elkhart, Indiana - - t o assume the deposit
liabilities of the South Bend, Indiana, branch of
NBD Bank, N.A., Gary, Indiana.
Approved, June 30, 1993.
Atlanta
Sun Bank of Tampa Bay, Tampa, Florida - - t o merge
with The Hillsboro Sun Bank, Plant City, Florida.
Approved, June 30, 1993.
BANK PREMISES
New York
Chemical Bank, New York, New York -- investments in
bank premises.
Approved, June 28, 1993.
H.2
JUNE 28, 1993
PAGE 4
TO
JULY 2, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK PREMISES
Minneapolis
Fulton State Bank, Fulton, South Dakota -- investment
in bank premises.
Approved, June 29, 1993.
Atlanta
Indian Rocks State Bank, Largo, Florida -- investment
in bank premises.
Approved, July 1, 1993.
Chicago
Old Kent Bank of Ludington, Ludington, Michigan -investment in bank premises.
Approved, July 2, 1993.
Richmond
Pace American Bank, Lawrenceville, Virginia -investment in bank premises.
Approved, June 28, 1993.
Atlanta
SouthTrust Bank of West Florida, St. Petersburg,
Florida -- investment in bank premises.
Approved, June 28, 1993.
Atlanta
Sun Bank of Tampa Bay, Tampa, Florida -- investment
in bank premises.
Approved, June 30, 1993.
CAPITAL STOCK
Kansas City
Southeast Capital Corporation, Idabel, Oklahoma -redemption of shares.
Approved, July 2, 1993.
Chicago
1st Source Bank, South Bend, Indiana -- redemption of
shares.
Approved, July 1, 1993.
CHANGE IN BANK CONTROL
Dallas
Community Bank, Cleburne, Texas -- change in bank
control.
Permitted, June 30, 1993.
Kansas City
F&M Bancorporation, Tulsa, Oklahoma -- change in bank
control.
Permitted, June 28, 1993.
H.2
JUNE 28, 1993
PAGE 5
TO
JULY 2, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
CHANGE IN BANK CONTROL
Minneapolis
First Dakota Financial Corporation, Yankton, South
Dakota -- change in bank control.
Returned, July 2, 1993.
Dallas
First Groesbeck Holding Company, Groesbeck, Texas -change in bank control
Returned, June 29, 1993.
Atlanta
First Southwest Corporation, McComb, Mississippi -change in bank control.
Permitted, July 2, 1993.
St. Louis
Marked Tree Bancshares, Inc., Marked Tree, Arkansas - change in bank control.
Permitted, June 29, 1993.
COMPETITIVE FACTORS REPORTS
Atlanta
AmSouth Bank of Florida, Pensacola, Florida, proposed
merger with Mid-State Federal Savings Bank, Ocala,
Florida -- report on competitive factors.
Submitted, July 2, 1993.
San Francisco
Bank of Fresno, Fresno, California, proposed purchase
of the assets and assumption of the liabilities of
six branches of Community First Bank, Bakersfield,
California -- report on competitive factors.
Submitted, June 30, 1993.
Minneapolis
BANKFIRST, N.A., Brookings, South Dakota, proposed
acquisition of the assets and assumption of the
liabilities of the Gary branch of the Security
State Bank, Madison, South Dakota -- report on
compet it ive factors.
Submitted, July 2, 1993.
Kansas City
Central Bank and Trust Company, Hutchinson, Kansas,
proposed acquisition of certain assets and
assumption of liability to pay deposits of the
Wichita branch of Citizens Bank and Trust Company,
Abilene, Kansas -- report on competitive factors.
Submitted, July 2, 1993.
H.2
JUNE 28, 1993
PAGE 6
TO
JULY 2, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
COMPETITIVE FACTORS REPORTS
Kansas City
Citizens-Jackson County Bank, Warrensburg, Missouri,
proposed merger with Blue Springs Bank, Blue
Springs, Missouri -- report on competitive factors.
Submitted, July 2, 1993.
St. Louis
Farm & Home Savings Association, Kansas City,
Missouri, proposed acquisition of the Sunshine
branch and the Battlefield branch, both in
Springfield, Missouri, of Home Savings of America,
FSB, Irwindale, California -- report on competitive
factors.
Submitted, July 2, 1993.
Richmond
First Bank of Frederick, Frederick, Maryland,
proposed acquisition of the assets and assumption
of the liability to pay deposits in two Frederick,
Maryland, branches of The Bank of Baltimore,
Baltimore, Maryland -- report on competitive
factors.
Submitted, June 28, 1993.
Richmond
First Bank of Frederick, Frederick, Maryland,
proposed acquisition of the assets and assumption
of the liability to pay deposits of two Frederick,
Maryland, branches of The Bank of Baltimore,
Baltimore, Maryland -- report on competitive
factors.
Submitted, July 2, 1993.
Atlanta
First Glades Corporation, Clewiston, Florida -proposed acquisition of First Federal Savings Bank
of the Glades -- report on competitive factors.
Submitted, June 29, 1993.
Kansas City
First National Bank of Oklahoma, Tonkawa, Oklahoma,
proposed merger with Leadership Bank, N.A.,
Oklahoma City, Oklahoma -- report on competitive
factors.
Submitted, July 1, 1993.
Dallas
First State Bank, Temple, Texas, proposed merger with
Salado National Bank, Salado, Texas -- report on
competitive factors.
Submitted, June 30, 1993.
H.2
JUNE 28, 1993
PAGE 7
TO
JULY 2, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
COMPETITIVE FACTORS REPORTS
Chicago
LaSalle Bank Lakeview, Chicago, Illinois, proposed
purchase of the assets and assumption of the
liabilities of one branch of LaSalle Talman Bank,
F.S.B. -- report on competitive factors.
Submitted, July 2, 1993.
Kansas City
Mark Twain Kansas Bank, Shawnee, Kansas, proposed
merger with Parkway Bank, Overland Park, Kansas -report on competitive factors.
Submitted, July 2, 1993.
Minneapolis
MidAmerica Bank North, Phillips, Wisconsin, proposed
merger with Security State Bank, Ladysmith,
Wisconsin
report on competitive factors.
Submitted, July 2, 1993.
Atlanta
Mountain National Bank, Tucker, Georgia, proposed
acquisition through merger of the office of the
Button Gwinett National Bank, Norcross, Georgia, at
4640 Jimmy Carter Boulevard -- report on
competitive factors.
Submitted, June 29, 1993.
Cleveland
National City Bank, Norwalk, Ohio, and Third National
Bank of Sandusky, Sandusky, Ohio, proposed merger
with National City Bank, Cleveland, Ohio -- report
on competitive factors.
Submitted, July 2, 1993.
Cleveland
Northwest Savings Association, Warren, Pennsylvania,
proposed purchase of three branches of Mellon Bank,
N.A., Pittsburgh, Pennsylvania -- report on
competitive factors.
Submitted, July 2, 1993.
St. Louis
Roosevelt Bank, A Federal Savings Bank, Chesterfield,
Missouri, proposed acquisition of 17 Eastern
Missouri, branches of Home Savings of America, FSB,
Irwindale, California -- report on competitive
factors.
Submitted, July 2, 1993.
H.2
JUNE 28, 1993
PAGE 8
TO
JULY 2, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
COMPETITIVE FACTORS REPORTS
Minneapolis
Rosemount National Bank, Rosemount, Minnesota,
proposed merger with the St. Paul branch of First
National Bank of the North, Sandstone, Minnesota -report on competitive factors.
Submitted, July 2, 1993.
New York
State Bank of Long Island, New Hyde Park, New York,
proposed acquisition of certain assets and
assumption of certain liabilities of the Hauppauge,
New York, branch of Atlantic Bank of New York, New
York, New York -- report on competitive factors.
Submitted, July 1, 1993.
EXTENSIONS OF TIME
Atlanta
Aliant National Corporation, Alexander City,
Alabama -- extension to October 2, 1993, to engage
de novo in securities brokerage and investment
advisory activities through Aliant Financial
Services Corporation.
Granted, June 29, 1993.
New York
Banco Popular de Puerto Rico, Hato Rey, Puerto Rico - extension to August 31, 1993, to purchase certain
assets and assume certain liabilities of four
branches of Bank Leumi Trust Company of New York,
New York, New York, and to establish branches.
Granted, July 2, 1993.
San Francisco
Banque Nationale de Paris, Paris, France -- extension
to July 19, 1993, to acquire certain assets and
assume certain liabilities of Citibank, F.S.B.,
Oakland, Californ ia.
Granted, June 28, 1993.
Chicago
Comerica Incorporated, Detroit, Michigan -- extension
to September 28, 1993, to engage de novo in making
an equity investment in a low income project
through ET-92 Limited Dividend Housing Association
Limited Partnership.
Granted, June 28, 1993.
H.2
JUNE 28, 1993
PAGE 9
TO
JULY 2, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
EXTENSIONS OF TINE
San Francisco
First Interstate Bancorp, Los Angeles, California -extension to divest certain property.
Granted, June 30, 1993.
San Francisco
First Interstate Bancorp, Los Angeles, California
extension to divest certain property.
Granted, June 30, 1993.
San Francisco
Foothill Independent Bancorp, Glendora, California -extension to divest certain property.
Granted, June 30, 1993.
Cleveland
NSD Bancorp, Inc., Pittsburgh, Pennsylvania -extension to August 15, 1993, to acquire North Side
Deposit Bank.
Granted, June 29, 1993.
San Francisco
Zions Bancorporation, Salt Lake City, Utah -extensions to divest certain properties.
Granted, June 30, 1993.
Kansas City
Colorado National Bank - Grand Junction, Grand
Junction, Colorado, and Colorado National Bank Glenwood, Glenwood, Colorado - - t o become members
of the Federal Reserve System.
Approved, June 30, 1993.
Dallas
First Bank Pearland, Pearland, Texas - - t o become a
member of the Federal Reserve System.
Approved, July 2, 1993.
Dallas
Texas City Bank, Texas City, Texas - - t o become a
member of the Federal Reserve System.
Approved, July 2, 1993.
MEMBERSHIP
H.2
JUNE 28, 1993
PAGE 10
TO
JULY 2, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
RESERVE BANK OPERATIONS
Director, FRBO
Federal Reserve Bank of Boston - - t o retain
engineering consulting firm for basement electrical
work.
Approved, July 2, 1993.
RESERVE BANK SERVICES
Director, FRBO
Federal Reserve Bank of New York - - t o implement new
payor bank services and options, a Basic Electronic
Presentment service, an Extended MICR service, and
to add two retrieval options to the truncation
service.
Approved, June 30, 1993.
FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Application
Comment Period Ending Date
NONE
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Application
Comment Period Ending Date
NONE
SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Fleet Financial Group,
Inc., Providence, Rhode Island
4 ( c ) (8) notification to transfer
Fleet Factors Corporation, New
York, New York from Fleet Bank of
New York, Albany, New York, to Fleet
Financial Group, Inc., Providence,
Rhode Island
Federal Register 07-20-93
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
"N"
Rating*
F e d e r a l R e s e rv e Bank o f New Y o rk
Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
___________ Notice Only___________
None
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None.
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
KeyCorp and its wholly-owned subsidiary, Key Bancshares of
New York Inc., both of Albany, New York, to acquire all of
the voting securities of Capital Trust Company, Albany, New
York ("Capital"), a wholly-owned subsidiary of The Bank of
New York Company, Inc. engaged in trust activities, and to
merge Capital with and into Key Trust Company, Albany, New
York.
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 of meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record
of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record
of ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate- income neighbor
hoods, in a manner consistent with its resources and capabilities.
NAME OF BANK
RATING
Week Ending July 3, 1993
EXAMINATION DATE
None.
1/
2/
3/
4/
Subject to provisions of Community Reinvestment Act.
Later of dates specified in newspaper and Federal Register notices.
Date specified in newspaper notice; a later date may be specified in
the Federal Register notice.
Date specified in Federal Register notice; a later date may be
specified in the newspaper notice.
N/A - Not Available
FEDERAL RESERVE BANK OF PHILADELPHIA
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Comment Period Ending Date
Commonwealth Bank, Williamsport, PA, requests approval to establish a branch to be
located at 121 South Pugh Street, State College, PA, pursuant to Section 9 of the FR
Act.
Newspaper comment period expires:
7/26/93
SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND
FEDERAL REGISTER NOTICE
First Lehigh Corporation, Allentown, PA, Notice filed on behalf of Ray J. Starner,
Edward G. Martin, and James T. McHale, acting as trustees, to control 46.5% of the
common stock and 61.6% of the preferred stock of the Corporation, pursuant to the
Change in Bank Control Act of 1978.
Fed. Register Comment Period Expires:
Newspaper Comment Period Expires:
7/23/93
N/A
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Commonwealth Bank/ Williamsport, PA, requests approval to make an additional investment
of $55.6 thousand in bank premises, pursuant to Section 24A of the FR Act. This request
is in connection with the bank's proposal to establish a branch to be located at 121
South Pugh Street, State College, PA.
1/
*
Subject to provisions of Community Reinvestment Act.
N/A - not yet available.
FEDERAL RESERVE BANK OF PHILADELPHIA
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following institutions were examined for CRA. The 30-business day period the bank
has to make the evaluation public has lapsed during the week ending July 2, 1993
Identification of Ratings
In connection with the assessment of each insured depository
performance, a rating is assigned from the following groups;
institution's
CRA
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining and helping
to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascertaining
and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascertaining
and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Bank/Location
Examination Date
None.
CRA Rating
Federal Reserve Bank of Cleveland
Applications Bulletin
For Week Ending July 3, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
NONE
SECTION I I - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
NONE
SECTION I I I
- APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
NONE
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
NONE *
*
N
F
#
-
Subject to CRA
Newspaper Comment Period
Federal Register Comment Period
Expected to end approximately 30 days from date of
application's receipt.
AVAILABILITY OF CRA PUBLIC EVALUATIONS
(July 2, 1993)
The following state member banks have been examined by the
Federal Reserve Bank of Cleveland for compliance with The Community
Reinvestment Act.
A public evaluation document became available
from the bank(s) listed below during the week ended July 2, 1993.
If you are interested in obtaining a copy of an evaluation
document, please contact the bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING:
a bank in this group has an outstanding record
of, and is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
SATISFACTORY: a bank in this group has a satisfactory record
of ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
NEEDS TO IMPROVE:
a bank in this group needs to improve its
overall record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.
SUBSTANTIAL NON COMPLIANCE:
a bank in this group has a
substantially deficient record of ascertaining and helping to meet
the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
NONE
-2Federal Reserve.Bank of Richmond
Section I - Applications Subject to Newspaper
Notice Only
Application
Comment Period Ending Date
Signet Bank/Virginia, Richmond, Virginia,
to establish a branch at Old Dominion
University, Webb Center, Hampton Boulevard,
Norfolk, Virginia.*
7-25-93
Peninsula Trust Bank, Incorporated, Gloucester,
Virginia, to establish a branch on the east
side of State Route 155, one-half mile north
of its intersection with State Route 5,
Charles City County, Virginia.*
8-1-93
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Comment Period Ending Date
First Citizens BancShares, Inc., Raleigh,
North Carolina, to acquire Pioneer Bancorp,
Inc., Rocky Mount, North Carolina, and have
its subsidiary, First-Citizens Bank 6c Trust
Company, Raleigh, North Carolina, merge with
Pioneer Savings Bank, Inc., Rocky Mount,
North Carolina.*
7-12-93
Monocacy Bancshares, Inc., Taneytown,
Maryland, to become a bank holding company
through the acquisition of Taneytown Bank 6c
Trust Company, Taneytown, Maryland.*
7-26-93
Southern National Corporation, Lumberton,
j.«w if t - k
o a i O x iiic i ,
a
acquire
L
e u a o
t
Bank, Inc., SSB, Goldsboro, North Carolina,
and have its subsidiary, Southern National
Bank of North Carolina, Lumberton, North
Carolina, merge with East Coast Savings Bank,
Inc., SSB.*
(This is a revision of Bulletin No. 26.)
7-26-93
BB6cT Financial Corporation, Wilson, North
Carolina, to acquire Old Stone Bank of
North Carolina, High Point, North Carolina.*
CCB Financial Corporation, Durham, North
Carolina, to acquire Graham Savings Bank,
Inc., SSB, Graham, North Carolina.*
*Application is subject to CRA requirements.
7-30-93
8-6-93
-3-
Federal Reserve Bank of Richmond
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
None.
-4-
Federal Reserve.Bank of Richmond
Availability of CRA Public Evaluations
Week ending July 2, 1993
Definition of Ratings
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascer
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascer
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Examination
Date
Rating
Premier Bank, Inc.
170 E. Main Street
Wytheville, Virginia 24382
4-12-93
Satisfactory
The Horizon Bank of Virginia
8414 Lee Highway '
Fairfax, Virginia 22116
4-26-93
Satisfactory
Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending July 2. 1993
Section 1 - Applications Subject to Newspaper Notice Only
Application
Comment Period Ending Date
AmSouth Bancorporation
Birmingham, Alabama
Along with its wholly-owned subsidiary,
AmSouth Bank of Florida, Pensacola,
Florida, to acquire the assets and
assume the liabilities of Mid-State
Federal Savings Bank, Ocala, Florida,
and thereby merge it into AmSouth Bank
of Florida, pursuant to Section 5 ( d ) (3)
of the Federal Deposit Insurance Act, as
amended by the Federal Deposit Insurance
Corporation Improvement Act of 1991.
07-01-93*
The Colonial BancGroup, Inc.
Montgomery, Alabama
Along with its wholly-owned subsidiary,
Colonial Bank, Montgomery, Alabama, to
acquire the assets and assume the liabilities
of United Savings Bank, FSB, Anniston,
Alabama, pursuant to Section 5 ( d ) (3) of the
Federal Deposit Insurance Act, as amended by
the Federal Deposit Insurance Corporation
Improvement Act of 1991.
07-15-93*
First Alabama Bancshares, Inc.
Birmingham, Alabama
To acquire the assets and assume the
liabilities of First Federal Savings
Bank of DeFuniak Springs, DeFuniak Springs,
Florida, pursuant to Section 5 ( d ) (3) of the
Federal Deposit Insurance Act, as amended by
Federal Deposit Insurance Corporation
Improvement Act of 1991.
Not yet available*
*Subject to provisions of the Community Reinvestment Act.
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Comment Period Ending Date
AmSouth Bancorporation
Birmingham, Alabama
To merge with Charter Banking C o r p ., St.
Petersburg, Florida, and thereby directly
acquire First Gulf Bank, Gulfport, Florida,
pursuant to Section 3( a ) (5) of the Bank
Holding Company A c t .
06-21-93*
Federal Register
CNB Preferred Partnership
Not yet available*
Orlando, Florida
1-BHC formation, Central National Bank
Corporation, Inc., Winter Park, Florida, and
its wholly-owned subsidiary, Central National
Bank of Winter Park, N.A., Winter Park, Florida.
Section 3 - Applications Subject
Application
to Federal Register Only
Comment Period Ending Date
First Alabama Bancshares, Inc.
Not yet available
Birmingham, Alabama
To acquire First Federal Bancshares of
DeFuniak Springs, Inc., DeFuniak Springs,
Florida, and thereby indirectly acquire First
Federal Savings Bank of DeFuniak Springs,
DeFuniak Springs, Florida, pursuant to
Section 4 ( c ) (8) of the Bank Holding Company Act.
Section 3 - Applications Subject
Application
to Federal Register Only
Comment Period Ending Date
Fidelity Southern Corporation
Not yet available*
Decatur, Georgia
Applicant proposes to engage de novo,
through its wholly-owned subsidiary,
Fidelity National Capital Investors,
Inc., Decatur, Georgia (Company), in
certain nonbank activities.
Specifically,
Applicant proposes to provide management
consulting service to depository
institutions, pursuant to Section
225.25(b)(11) of Regulation Y, and arranging
commercial real estate equity financing,
pursuant to Section 225.25(b)(14) of Regulation Y.
*Subject to provisions of the Community Reinvestment Act.
Section 3 - Applications Subject
Application
to Federal Register Only
Comment Period Ending Date
In addition, Applicant proposes to engage,
through Company, in certain nonbank activities
that have been approved by Board Order, but have
not yet been added to the laundry list of permissible
nonbank activities. Specifically, Applicant
proposes to engage in underwriting and dealing in
municipal revenue bonds,- residential mortgage related
securities; consumer-receivable-related securities,commercial paper,- and riskless principal transactions.
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
None.
Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending July 2, 1993
Section 10 - Availability of CRA Public Evaluations
The CRA public evaluations of the insured depository institutions
listed below became available during this week. Information about
an institution's CRA evaluation may be obtained directly from the
institution. In connection with the assessment of an institution's
CRA performance, a rating is assigned from the following groups:
Outstanding record of meeting community credit needs:
An
institution has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs:
An
institution has a satisfactory record of ascertaining and helping
to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs:
An
institution needs to improve its overall record of ascertaining and
helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs:
An
institution has a substantially deficient record of ascertaining
and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Examination
Bank
Rating
Date
Community Bank of Port
Charlotte, Post Office Box
2490, Port Charlotte,
Florida 33949
(813)743-4948
Satisfactory
03-29-93
Bank of Adairsville
Post Office 405
Adairsville, Georgia
(706)773-7716
Satisfactory
03-29-93
Satisfactory
03-29-93
Dadeland Bank
Post Office Box 560785
Miami, Florida 33156
(305)667-8401
30103
Federal Reserve Bank of Chicago
Section I - ADDlications Subiect to N e w s p a p e r
Notice Only
Comment P e r i o d
E n d i n a D ate
T m e
Application
Branch
Farmers State Bank
P o y Sippi, Wisconsin
216 N. Main Street
S e y m o u r , Wisconsin*
N
- 6-28-93
Membership
Hinsdale Bank and Trust Company
Hinsdale, Illinois (in organization)
To become a m e mber of the Federal
Reserve System*
N
- 6-27-93
EFT
Chemical Bank Bay A rea
B a y City, Michigan
4101 Wilder Road
B a y City, Michigan*
N
- 7-10-93
Branch
The Rock Island Ban k
R o c k Island, Illinois
590 - 42nd Avenue
East Moline, Illinois*
N
_ **
Branch/24A
Comerica Bank
Detroit, Michigan
1400 North Woodward Ave n u e
Bloomfield Hills, Michigan*
N
- 7-14-93
Branch/24A
Comerica Bank
Detroit, Michigan
8250 Hilton Road
Brighton Township, Michigan*
N
- 7-14-93
Branch
Capac State Bank
Capac, Michigan
148 North Almont A v e n u e
Imlay City, Michigan*
N
- 7-23-93
EFT
H a rris Trust and Savings B a n k
Chicago, Illinois
212 West Washington Street
Chicago, Illinois*
N
_ **
Reg K
First Evergreen Corporation
Evergreen Park, Illinois
Polarzvaigzne B anka
Riga, Latvia*
N
_ **
Federal Reserve Bank of Chicago
Tvoe
Section II - A p p l i c a t i o n s Subject to Both N e w s p a p e r and Federal
Register Notice
Comment Period
Ending Date
Ap p l i c a t i o n
CoC-HC
First Lena Corporation
Lena, Illinois
Thelma H. Du ft & Ray E. Stamm
F R - 6-23-93
N P - 6-29-93
Y-2
Independent B a n k Corporation
Ionia, Michigan
Pi o n e e r Ban k
Nor t h Branch, Michigan*
FR - **
N P - **
Y-2
Independent B a n k Corporation
Ionia, Michigan
Ame r i c a n Home Bank
Unionville, Michigan*
FR - **
N P - **
Y-l
Van Buren Bancorporation Employee
Stock Ownership Plan
Keosauqua, Iowa
Van Buren Bancorporation
Keosauqua, Iowa
State Savings B ank
Cantril, Iowa
F a rmers State Ban k
Keosauqua, Iowa*
FR - **
N
- **
Y-l
First Community Financial Corporation
Elgin, Illinois
First Community Bank (in organization)
Elgin, Illinois*
F R - 5-28-93
N
- 5-24-93
CoC-HC
Success Bancshares, Inc. (formerly
Lincolnshire Bancshares, Inc.)
Lincolnshire, Illinois
George M. Ohlhausen
F R - **
N
- **
Y-2
Peotone Bancorp, Inc.
Peotone, Illinois
R o c k Ri v e r Bancorporation, Inc.
Oregon, Illinois
R o c k Riv e r B ank
Oregon, Illinois*
F R - 7-2-93
N
- 7-12-93
Y-2
Talen, Inc.
Traer, Iowa
Farmers and Merchants Bank
Greenwood, Wisconsin*
F R - **
N
- **
Federal Reserve Bank of Chicago
Type
Se c t i o n II - Applications Subject to Both N e w s p a p e r and Federal
Register Notice
fContinued)
Comment P e r i o d
Application
E n d i n g Date
Y-l
Banklllinois Financial Co.
C h a m p a i g n , Illinois
B a n k of Illinois in Champaign
Champaign, Illinois*
FR 7-1-93
N P - 6-28-93
Y-l
H eritage Bancshares Group, Inc.
Minneapolis, Minnesota
Geiger Corporation
Minneapolis, Minnesota
Heritage Bank, National Association
Holstein, Iowa
Heritage Bancshares, Inc.
Minneapolis, Minnesota
Heritage Bank, National A s s o c iation
Willmar, Minnesota*
FR - 6-28-93
N P - 6-21-93
Y-2
Vall e y Bancorporation
A p p l e t o n , Wisconsin
Pierce County B a n k and Trust Company
Ellsworth, Wisconsin*
FR NP -
7-1-93
7-1-93
Y-l
East Dubuque Bancshares, Inc.
East Dubuque, Illinois
East Dubuque Investment Corporation
East Dubuque, Illinois
East Dubuque Savings B a n k
East Dubuque, Illinois*
FR N
-
7-6-93
7-6-93
Y-l
Smithdown Investments, Inc.
L a k e Forest, Illinois
Hinsdale Bank and Trust Company
Hinsdale, Illinois (in organization)*
FR - 7-16-93
N
- 6-27-93
Y-2
F & M Bancorporation, Inc.
Kaukauna, Wisconsin
Park Ridge B ancshares, Inc.
Stevens Point, Wisconsin
Bank of Park Ridge
Park Ridge, Wisconsin*
FR N
-
7-9-93
7-2-93
Federal Reserve Bank of Chicago
Tvve
Section II - Applications Subiect to Both N e w s p a p e r and Federal
Recrister Notice
(Continued)
Comment Period
Endina Date
A pplication
Y-2
F & M M e r g e r Corporation
Kaukauna, Wisconsin
P a r k Ridge B a ncshares, Inc.
Stevens Point, Wisconsin
B a n k of P ark Ridge
P a r k Ridge, Wisconsin*
FR - 7-9-93
N
- 7-2-93
Y-l
The National B a n k of Indianapolis
Corporation
Indianapolis, Indiana
The National Bank of Indianapolis
Indianapolis, Indiana (in organization)*
FR - 7-12-93
N
7-7-93
Y-l/Oakar
C h arter Bancorp, M.H.C.
Sparta, Illinois
C harter Bank, S.B.
Sparta, Illinois*
FR - 7-12-93
N
- **
Y-2
Citizens B a n k i n g Corporation
Flint, Michigan
Royal B a n k Group, Inc.
Royal Oak, Michigan
National B a n k of Royal Oak
Royal Oak, Michigan*
FR - 7-16-93
N
- **
Y-l
H e a r t w a y Bancorporation
Wayland, Iowa
Wayland State B ank
W a y land, Iowa*
FR - 7-16-93
N
- 6-7-93
Y-2
Chemical Financial Corporation
Midland, Michigan
K e y State Ban k
Owosso, Michigan*
FR - 7-16-93
N
- 7-16-93
Y-2
D e Witt Bancorp, Inc.
De Witt, Iowa
R i v e r V a lley Bancorp, Inc.
D a v e n p o r t , Iowa
V a l l e y State B a n k (in organization)
Eldridge, Iowa*
FR - 3-25-93
N
- 7-23-93
Y-l
R i v e r V a l l e y Bancorp, Inc.
D a v e n p o r t , Iowa
V a l l e y State B a n k (in organization)
Eldridge, Iowa*
FR - 3-25-93
N
- 7-23-93
Federal Reserve Bank of Chicago
Type
S ection II - Applications Subject to Both Newspaper and Federal
Register Notice
(C o n t i n u e d )
Comment Pe r i o d
A p p lication
E n d i n g Date
Y-l
The First Trust H o l d i n g s , Inc.
Watseka, Illinois
First Trust and Savings B ank
of Watseka, Illinois
W a t s e k a , Illinois*
FR - **
N
- 7-12-93
Y-2
Castle BancGroup, Inc. (formerly
Sandwich B a n c o , Inc.)
DeKalb, Illinois
B.O.Y. Bancorp, Inc.
Yorkville, Illinois
B a n k of Yorkville
Yorkville, Illinois*
FR - **
N
- **
Y-2
Fortress Bancshares, Inc.
Hartland, Wisconsin
Kloosner Bancorporation,
Houston, Minnesota
Houston Security Bank
Houston, Minnesota*
FR - **
N
- **
Inc.
Federal Reserve Bank of Chicago
Section III - Applic a t i o n s Subject to Federal R e g i s t e r
N o tice Only
Comment Period
E n d i n g Date
Type
A p p lication
Y-4
Van Buren Bancorporation
Keosauqua, Iowa
M a k i n g and servicing loans
F R - **
Y-4
Continental B a n k Corporation
C h i c a g o , Illinois
Repechage Partners Ltd.
Chicago, Illinois
F R - 7-22-93
Y-4
North M i l w a u k e e Bancshares, Inc.
Milwaukee, Wisconsin
N M Processing, Inc.
Milwaukee, Wisconsin
F R - 6-28-93
4 ( c ) (8)
Northern B a n k s h a r e s , Inc.
McFarland, Wisconsin
M a k e direct commercial loans in an amount
not exceeding $200,000 in the aggregate
and to service said loans
F R - **
Y-4
A B N A M R O North America, Inc.
Chicago, Illinois
A B N A M R O Securities, Inc.
N e w York, N e w York
F R - **
Y-4
A B N A M R O B a n k N.V.
Amsterdam, The Netherlands
A B N A M R O Securities, Inc.
N e w York, N e w York
FR - **
Y-4
A B N A M R O H o l d i n g N.V.
Amsterdam, The Netherlands
A B N A M R O Securities, Inc.
N e w York, N e w York
FR - **
Y-4
Stich t i n g Administratiekantoor A B N A M R O
Holding
Amsterdam, The Netherlands
A B N A M R O Securities, Inc.
N e w York, N e w York
FR - **
Federal Reserve Bank of Chicago
S e c t i o n III - Applications Subject to Federal Regis t e r
Notice O n l y
(Continued)
Comment P e r i o d
E n d i n g Dat e
Type
Application
4 ( c ) (8)
S t i c hting Prioriteit A B N A M R O H o l d i n g
Amsterdam, The Netherlands
A B N A M R O Securities, Inc.
N e w York, N e w York
FR - **
4(c)(8)
Marshall & Ilsley Corporation
Milwaukee, Wisconsin
M & I Data Services, Inc.
Milwaukee, Wisconsin — to acquire the item
pr o c e s s i n g and data p r o c e s s i n g activities
of Barnett Bank, Inc., Jacksonville,
Florida
FR - 7-6-93
4(c)(8)
E v a n s Bancshares, Inc.
Evansdale, Iowa
Engage in a one-time de novo lending
activity via the pur c h a s e of an
$80,000 overline from its sub b a n k
FR - 7-15-93
4(c)(8)
B a n k of Montreal
Toronto, Canada
Harris-Nesbitt Thomson S e c u r i t i e s , Inc.
N e w York, N e w York
FR - **
4(c)(8)
B ankmont Financial Corp.
N e w York, N e w York
Harris-Nesbitt Thomson S e c u r i t i e s , Inc.
N e w York, N e w York
FR - **
4(c)(8)
C o m m u n i t y Banc-Corp of Sheboygan, Inc.
Sheboygan, Wisconsin
G & H Insurance A g e n c y
Sheboygan, Wisconsin - s e lling insurance
and other financial services
FR - 2- 5 - 9 3
Federal Reserve Bank of Chicago
Section I V - A p p l i c a t i o n s Not Subject to Federal R e g i s t e r or Newspaper
Notice
Type
Applic a t i o n
RoS
Peotone B a n c o r p , Inc.
Peotone, Illinois
To p u r c h a s e 10,000 shares (11.39%)
common stock
RoS
N
FR
*
**
o f its outstanding
First Lena Corporation
Lena, Illinois
To redeem 618 shares of its stock
- Newspaper
- Federal R e g i s t e r
- Subject to Provisions o f Community Reinvestment A c t
- Not available at this time
AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following state member banks have been examined by the Federal Reserve Bank
of Chicago for compliance with the CRA. The 30-business day period the bank has
to make the evaluation public has lapsed during the week ending July 02, 1993.
If you are interested in obtaining a copy of the evaluation document, please
contact the bank(s) directly.
Identification of Ratings
O-An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
S-An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
NI-An institution in this group needs to improve its overall record of ascer
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate -income neighborhoods, in a manner
consistent with its resources and capabilities.
SN-An institution in this group has a substantially deficient record of ascer
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
BANK NAME/LOCATION
-NONE
EXAMINATION DATE
RATINGS
Federal Reserve Bank of St, Louis
FOR THE WEEK ENDING JULY 2, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application
End of Comment Period
None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Application
End of Comment Period
Change in control notification
involving PDR Bancshares, Inc.,
Prairie du Rocher, Illinois by
Louise Mary Brands, Red Bud,
Illinois
Not yet available
Change in control notification
involving Community First Financial
Group (formerly Crawford Bancshares
Corporation), English, Indiana by
Douglas T. Breeden, Chapel Hill,
North Carolina
Not yet available
*MNB Bancshares, Inc., Malvern,
Arkansas, to acquire 100 percent
of First Sheridan Bancshares, Inc.,
Sheridan, Arkansas
Newspaper:
8-1-93
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application
End of Comment Period
None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
None.*
*This application is subject to CRA.
End of Comment Period
FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f meeting community credit needs
A n institution in this g r o u p h a s a n outstanding record of, a n d is a leader in, ascertaining a n d helping
to m e e t the credit n e e d s of its entire delineated c o m m u n i t y , including l o w - a n d m o d e r a t e - i n c o m e
n e i g h b o r h o o d s , in a m a n n e r consistent with its resources a n d capabilities.
Satisfactory record o f meeting community credit needs
A n institution in this g r o u p h a s a satisfactory record of ascertaining a n d helping to m e e t the credit
n e e d s of its entire delineated c o m m u n i t y , including l o w - a n d m o d e r a t e - i n c o m e n e i g h b o r h o o d s , in a
m a n n e r consistent with its resources a n d capabilities.
Needs to im prove record o f meeting community credit needs
A n institution in this g r o u p n e e d s to i m p r o v e its overall record of ascertaining a n d helping to m e e t the
credit n e e d s o f its entire delineated c o m m u n i t y , including l o w - a n d m o d e r a t e - i n c o m e n e i g h b o r h o o d s ,
in a m a n n e r consistent with its resources a n d capabilities.
Substantial noncom pliance in meeting community credit needs
A n institution in this g r o u p h a s a substantially deficient record of ascertaining a n d helping to m e e t the
credit n e e d s o f its entire delineated c o m m u n i t y , including l o w - a n d m o d e r a t e - i n c o m e n e i g h b o r h o o d s ,
in a m a n n e r consistent with its resources a n d capabilities.
FOR THE WEEK ENDING
Name of Bank
First Bank of Arkansas
First State Bank of
St. Peter
July 2, 1993
Bank Address
P. 0. Box 3010
Russellville, Arkansas 72316
P. 0. Box 127
St. Peter, Illinois
62880
Examination
Date
Examination
Rating
4-12-93
Satisfactory
3-29-93
Satisfactory
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section I - Applications Subject to
Newspaper Notice Only
Comment Period
Ending Date
Application
None.
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Comment Period
Ending Date
Application
Missoula Bancshares, Inc.
Missoula, MT
To acquire 98.02% of the
voting shares of the First
Security Bank of Missoula,
Missoula, MT*
North State Bancshares, Inc.
Mpls, MN
To acquire 100% of the voting
shares of First North Finan
cial Services, Inc., Karlstad,
MN*
7-30-93
(Federal Register)
Not yet available
Section III - Applications Subject
to Federal Register Notice Only
Comment Period
Ending Date
Application
Farmers State Corporation
Mountain Lake, MN
To engage in general insurance
agency activities through the
acquisition of United Prairie
Insurance Agency, Slayton, MN
Not yet available
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
None.
*
Subject to CRA
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending July 2, 1993
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository institution's CRA
performance, a rating is assigned from the following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of, and is a
leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including 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(S ) EXAMINED
DATE OF EXAMINATION
CRA RATING
Marquette Bank Cannon Falls
123 South Fourth Street
Cannon Falls, MN 50009
(507) 263-4214
March 29, 1993
Satisfactory
Stockmens Bank
P. 0. Box 345
117 Central Avenue
Cascade, MT 59421-0345
(406) 468-2232
March 22, 1993
Satisfactory
Federal Resen'e Bank of Kansas City
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION
Vectra Bank, Denver, Colorado, for
prior approval to merge with Vectra
Bank of Denver, Denver, Colorado.
COMMENT PERIOD ENDING DATE
Not Available
SECTION I I - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
COMMENT PERIOD ENDING DATE
FNB, Inc., Greeley, Colorado for
prior approval to acquire 88.25
percent of the voting shares of
Poudre Valley Bank, Fort Collins,
Colorado.*
July 26, 1993
Bank of Colorado Holding Company,
Vail, Colorado, for prior approval to
become a bank holding company through
the acquisition of 100 percent of the
voting common shares of Vail National
Bank, Vail, Colorado.*
August 2, 1993
SECTION I I I - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION
COMMENT PERIOD ENDING DATE
Bushnell Bancorp, Bushnell, Nebraska,
for prior approval to service
participation loans with its
subsidiary bank.
July 20, 1993
ANB Bankcorp, Inc., Bristow,
Oklahoma, for prior approval to
engage in management consulting
advice to nonaffiliated banks and
nonbank depository institutions.
July 22, 1993
Chambanco, Inc., Chambers, Nebraska,
for prior approval to participate in
lending activities.
July 22, 1993
Dickinson Financial Corporation,
Chillicothe, Missouri, for prior
approval to acquire 100 percent of
the voting shares of Livingston Life
Insurance Company, Kansas City,
Missouri.
August 2, 1993
Federal Reserve Bank of Kansas City
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None.
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Id e n tific a tio n of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
Outstanding record of meeting community cred it needs
An institution in this group has an outstanding record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods,
in a manner consistent with its
resources and capabilities.
S atisfac to ry record of meeting community cred it 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 cred it 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.
Federal Reserve Bank of Kansas City
CRA Public
Exam Date
Bank/Location
CRA
Date
Rating
The First State Bank
03-29-93
P.O. Box 427
Fairfax, Oklahoma 74637-0427
06-28-93
Satisfactory
The Eaton Bank
P.O. Box 428
Eaton, Colorado
06-28-93
Satisfactory
03-22-93
80615-0428
♦Application is subject to CRA.
FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF JUNE 28, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION
NOTICE EXP
None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
Change in Control Notice by
Bruce N. Canfield, Waskom, TX, to acquire an
interest in Waskom Bancshares, Inc., Waskom, TX
(Previously reported during the week of 5-24-93)
Change in Control Notice by
Herbert Dean Smith, Bonham, TX, to acquire an interest
in Wolfe City Bancshares, Inc., Wolfe City, TX
(Previously reported during the week of 6-14-93)
♦Section 3(a)(1) application by
First Sonora Bancshares, Inc., Sonora, TX, to
acquire First Sonora Delaware Bancshares, Inc., Dover, DE,
and The First National Bank of Sonora, Sonora, TX
(Previously reported during the week of 6-21-93)
♦Section 3(a)(1) application by
First Sonora Delaware Bancshares, Inc., Dover, DE, to
acquire The First National Bank of Sonora, Sonora, TX
(Previously reported during the week of 6-21-93)
** NOTICE EXP
93/07/08
93/07/13
93/07/10
93/07/10
♦Section 3(a)(1) application by
J-D Financial, Inc., Lockney, TX, to acquire
Lockney Holding Company, Wilmington, DE; First Partnership,
Ltd., Lockney, TX; First Lockney Bancshares, Inc., Lockney,
TX; and First National Bank in Lockney, Lockney, TX
N/A
♦Section 3(a)(1) application by
First Partnership, Ltd., Lockney, TX, to acquire
Lockney Holding Company, Wilmington, DE; First Lockney
Bancshares, Inc., Lockney, TX; and First National Bank
in Lockney, Lockney, TX
N/A
♦Section 3(a)(1) application by
Elkhart Bancorporation, Inc., Elkhart, TX, to acquire
The Elkhart State Bank, Elkhart, TX
93/07/22
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION
NOTICE EXP
None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None.*
* SUBJECT TO CRA.
** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY.
N/A - NOT AVAILABLE AT THIS TIME.
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF JUNE 28, 1993
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a
leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to Improve record of meeting community credit needs.
An institution in this group need to improve its overall record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Substantial Noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Bank
None.
Date of
Examination
CRA Rating
FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS APPROVED DURING THE WEEK OF JUNE 28, 1993
APPLICATION
DATE
Change in Control Notice by
George W. Marti, Cleburne, TX, to acquire
an interest in Community Bank, Cleburne, TX
93/06/30
Section 3(a)(1) application by
Central Texas Bankshare Holdings, Inc.,
Columbus, TX, to acquire Columbus State Bank,
Columbus, TX
93/07/01
Section 9 application by
Texas City Bank, Texas City, TX
to become a member of the Federal Reserve System
93/07/02
Section 9 application by
First Bank Pearland, Pearland, TX
to become a member of the Federal Reserve System
93/07/02
FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 7/02/93
Section I - Applications Subject to Newspaper Notice Only
A d d ! ication
Comment Period Ending Date
None
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Comment Period Endinq Date
Kaharudin Latief, Jakarta, Indonesia,
to acquire 35 percent of Series C
perpetual preferred stock of Bank of
San Francisco Company Holding Company,
San Francisco, California.
Newspaper:
7/16/93
Fed. Rea.:
7/20/93
First Security Corporation, Salt Lake
City, Utah, to acquire First National
Financial Corporation of Albuquerque,
Albuquerque, New Mexico. *
Newspaper:
7/21/93
Fed. Rea.:
7/26/93
Section III - Applications Subject to Federal Register Notice Only
A p p I icat ion
Comment Period Ending Date
BankAmerica Corporation, San Francisco,
California, to engage de novo in providing
financial or investment advice and full service
brokerage activities through its subsidiary,
BA Securities, Inc., San Francisco, California.
Fed. Reg.: 7/20/93
BankAmerica Corproation, San Francisco,
California, to engage in private placement
and riskless principal activities through its
subisdiary, BA Securities, Inc., San Francisco,
California.
Fed. Reg.: Not yet published
Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
Zions Bancorporation, Salt Lake City, Utah, request for waiver of application
requirement to acquire Wasatch Bancorp, Inc., Orem, Utah.
♦Subject to CRA
FEDERAL RESERVE BANK OF SAN FRANCISCO (cont'd.)
Week ending 7/02/93
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending July 2, 1993. Information about a particular institution's
CRA evaluation may be obtained directly from the institution.
Institution
Location
Western Security Bank
Examination Date
Rating*
7401 E. Camel back Rd.
Scottsdale, AZ 85251
(602) 947-9888
3/22/93
Needs to
Improve
Cuyamaca Bank
9955 Mission Gorge Rd.
Santee, CA 92071
(619) 562-6400
3/29/93
Satisfactory
Great Western Bank
150 W. Ellendale Ave.
Dallas, OR 97338
(503) 623-9281
3/29/93
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.
@FedFRASER