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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

in i? 9 39 M '93 «.2, 1993' N o - 26
JuL it
Actions of the Board, its Staff, and
FEDERALKcU'uiiVEBtfefe Federal Reserve Banks;
OF CLEV§4^^9.ications and Reports Received
During the Week Ending June 26, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS
TESTIMONY AND STATEMENTS

Reduction of regulatory burden on financial
institutions -- statement by Governor LaWare before
the Subcommittee on Financial Institutions
Supervision, Regulation and Deposit Insurance of
the House Committee on Banking, Finance and Urban
Affairs, June 29, 1993.
Published, June 25, 1993.

BANK HOLDING COMPANIES

Barnett Banks, Inc., Jacksonville, Florida --to
engage de novo in private placement and riskless
principal activities through Barnett Securities,
Inc.
Approved, June 23, 1993.

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

ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and
Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve
Bank Operations; IF - International Finance; OSDM - Office of Staff Director
for Management
BANK BRANCHES. DOMESTIC

Richmond

Central Virginia Bank, Powhatan, Virginia -- to
establish a branch at 4901 Millridge Parkway, East,
M idl oth ian, V irg in ia.
Approved, June 22, 1993.

BANK HOLDING COMPANIES




Philadelphia

Central Financial Corporation, Columbia, Pennsylvania
--to acquire Farmers First Savings Bank.
Approved, June 24, 1993.

Dallas

Chico Bancorp, Inc., Chico, Texas -- to acquire First
State Bank of Chico.
Approved, June 22, 1993.

Minneapolis

Dairyland Bancorp, Inc., Bruce, Wisconsin -- to
acquire Bruce Bancshares, Inc.
Returned, June 22, 1993.

H.2
JUNE 21, 1993
PAGE 2

TO

JUNE 25, 1993

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

BANK HOLDING COMPANIES




Minneapolis

Dakota Bancorp, Inc., Watertown, South Dakota -- to
acquire First Federal Savings Bank, Watertown,
South Dakota (immediately converted to a state
chartered bank after acquisition).
Approved, June 23, 1993.

Minneapolis

Dakota Company, Inc., Minneapolis, Minnesota, South
Dakota Bancorp, Inc.; and South Dakota Financial
Bancorporation, Inc. -- to engage in the operation
of a savings and loan association through Dakota
Bancorp, Inc., Watertown, South Dakota.
Approved, June 23, 1993.

Richmond

F 8 M National Corporation, Winchester, Virginia -t
to acquire First National Bankshares, Inc.,
Emporia, Virginia.
Approved, June 22, 1993.

Secretary

First Bank System, Inc., Minneapolis, Minnesota, and
Central Bancorporation, Inc., Denver, Colorado -proposal that Colorado National Bank acquire
certain assets and assume certain liabilities of
Central Bank / Bank Western N.A.
Approved, June 24, 1993.

Director, BS&R

First Community Bancshares, Inc., Bargersville,
Indiana -- transfer agent registration.
Approved, June 25, 1993.

San Francisco

First Interstate Bancorp, Los Angeles, California -to acquire First Interstate Trust Company of New
York, New York, New York.
Permitted, June 23, 1993.

Chicago

First Security Bancorp, Inc., Elmwood Park,
Illinois --to acquire First Security Trust &
Savings Bank.
Returned, June 21, 1993.

Richmond

First Virginia Banks, Inc., Falls Church, Virginia to acquire United Southern Bank of Morristown,
Morristown, Tennessee.
Approved, June 24, 1993.

H.2
JUNE 21, 1993
PAGE 3

TO

JUNE 25, 1993

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

BANK HOLDING COMPANIES




Chicago

Independent Bank Corporation, Ionia, Michigan -- to
acquire certain assets and assume liabilities of
the Portland, Michigan, branch of Community First
Bank, F.S.B., Lansing, Michigan.
Approved, June 22, 1993.

New York

Long-Term Credit Bank of Japan, Ltd., Tokyo, Japan -to acquire certain assets of Franchise Mortgage
Acceptance Corporation, La Habra, California, and
Franchise Mortgage Acceptance Corporation, L.P.,
and engage in lending activities.
Approved, June 21, 1993.

St. Louis

Mark Twain Bancshares, Inc., St. Louis, Missouri -to acquire Parkway Financial, Inc., Overland Park,
Kansas, and Parkway Bank.
Approved, June 23, 1993.

Director, BS&R

Mid Am, Inc., Bowling Green, Ohio -- modification of
divestiture commitment in connection with merger of
American Community Bank, N.A., Lima, Ohio, with
Colonial Federal Savings Bank, Bellefontaine, Ohio.
Approved, June 25, 1993.

Secretary

Old National Bancorp, Evansville, Indiana -- to
engage de novo in full-service securities brokerage
activities.
Approved, June 23, 1993.

Chicago

Oostburg, Bancorp, Inc., Oostburg, Wisconsin -- to
acquire Oostburg State Bank.
Approved, June 23, 1993.

St. Louis

Paloma Bancshares, Inc., Paloma, Illinois -- to
acquire Western Illinois Bancorp, Inc.,
Blandinsville, Illinois.
Approved, June 25, 1993.

New York

Prestige Financial Corp., Flemington, New Jersey -to acquire Prestige State Bank.
Approved, June 25, 1993.

H .2
JUNE 21, 1993
PAGE 4

TO

JUNE 25, 1993

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

BANK HOLDING COMPANIES

Chicago

Principal National Bancorp, Pontiac, Michigan --to
engage de novo in lending activities.
Permitted, June 24, 1993.

Atlanta

Riverside Banking Company, Fort Pierce, Florida -- to
engage de novo in leasing activities nationwide
through Riverside Leasing Company.
Permitted, June 25, 1993.

Atlanta

Riverside Banking Company, Fort Pierce, Florida -- to
engage de novo in lending activities through RBCA,
Inc.
Permitted, June 25, 1993.

Philadelphia

Susquehanna Bancshares, Inc., Lititz, Pennsylvania -to merge with Central Financial Corporation,
Columbia, Pennsylvania.
Approved, June 24, 1993.

San Francisco

U.S. Bancorp, Portland, Oregon -- to engage de novo
in data processing.
Permitted, June 23, 1993.

Minneapolis

215 Holding Co., Minneapolis, Minnesota -- to acquire
Southeast Bancorporation, Inc., First American
State Bank, Grand Meadow, Minnesota, and Southwest
Bancorporation, Inc., Minneapolis,. Minnesota, and
First American State Bank, Browndale, Minnesota.
Approved, June 21, 1993.

BANK MERGERS

Philadelphia

Farmers First Bank, Lititz, Pennsylvania -- to merge
with Farmers First Savings Bank.
Approved, June 24, 1993.

BANK PREMISES




Kansas City

Century Bank Sterling, Sterling, Colorado -investment in bank premises.
Approved, June 22, 1993.

H.2
JUNE 21, 1993
PAGE 5

TO

JUNE 25, 1993

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

BANK PREMISES

Kansas City

Citizens Bank 8 Trust Company. Torrington, Wyoming -t
investment in bank premises.
Approved, June 21, 1993.

Kansas City

Farmers State Bank & Trust Co., Aurora, Nebraska -investment in bank premises.
Approved, June 21, 1993.

St. Louis

First Bank of Arkansas, Russellville, Arkansas -investment in bank premises.
Approved, June 23, 1993.

Minneapolis

Tri-County State Bank, Ortonville, Minnesota -investment in bank premises.
Approved, June 22, 1993.

CHANGE IN BANK CONTROL




Chicago

ASB Bankcorp,. Inc., Adrian, Michigan -- change in
bank control.
Permitted, June 22, 1993.

Dallas

Paul Gerard Heafy, Oklahoma City, Oklahoma -- change
in bank control.
Returned, June 24, 1993.

Atlanta

Randolph Bancshares, Inc., Wadley, Alabama -- change
in bank control.
Permitted, June 24, 1993.

Kansas City

Valley Bancshares, Inc., Atchison, Kansas -- change
in bank control.
Permitted, June 25, 1993.

St. Louis

West Tennessee Bancshares, Inc., Bartlett,
Tennessee -- change in bank control.
Permitted, June 22, 1993.

H.2
JUNE 21, 1993
PAGE 6

TO

JUNE 25, 1993

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

COMPETITIVE FACTORS REPORTS




St. Louis

Charter Bank, S.B., Sparta, Illinois (stock savings
bank), proposed transfer by Charter Bank, S.B.,
Sparta, Illinois (a mutual savings bank) of all of
its assets and all of its liabilities to the stock
savings bank -- report on competitive factors.
Submitted, June 23, 1993.

Dallas

Crown Charter National Bank, Dallas, Texas, proposed
merger with Fidelity Bank, N.A., University Park,
Texas -- report on competitive factors.
Submitted, June 25, 1993.

Richmond

Dominion Bank, N.A., Roanoke, Virginia, proposed
purchase of the assets and assumption of the
liabilities of nine Virginia branches of Meritor
Savings, FA, Winter Park, Florida -- report on
competitive factors.
Submitted, June 21, 1993.

Richmond

Dominion Bank of Maryland, N.A., Rockville, Maryland,
proposed purchase of the assets and assumption of
the liabilities of the Silver Spring, Maryland,
branch of Meritor Savings, FA, Winter Park,
Florida -- report on competitive factors.
Submitted, June 21, 1993.

Richmond

Dominion Bank of Washington, N.A., Washington, D.C.,
proposed purchase of the assets and assumption of
liabilities of six District of Columbia branches of
Meritor Savings, FA, Winter Park, Florida -- report
on competitive factors.
Submitted, June 21, 1993.

Atlanta

First American Bank, Jackson, Mississippi, proposed
purchase of the assets and assumption of the
liability to pay deposits made in First Commerce
Savings Bank, FSB -- report on competitive factors.
Submitted, June 21, 1993.

St. Louis

First National Bank in Staunton, Staunton, Illinois,
proposed acquisition of the assets and assumption
of the deposit liabilities of Benld Loan
Association, Benld, Illinois -- report on
competitive factors.
Submitted, June 22, 1993.

H.2
JUNE 21, 1993
PAGE 7

TO

JUNE 25, 1993

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

COMPETITIVE FACTORS REPORTS




Kansas City

First National Bank of Longmont, Longmont, Colorado,
proposed merger with First National Interim Bank report on competitive factors.
Submitted, June 22, 1993.

Atlanta

Home Federal Savings Bank, Rome, Georgia, proposed
acquisition of the branch of Bankers First Savings
Bank, FSB, Augusta, Georgia, at 805 Broad Street,
Rome, Georgia -- report on competitive factors.
Submitted, June 21, 1993.

Chicago

Independent Bank, Ionia, Michigan, proposed purchase
of the assets and assumption of the liabilities of
the Portland, Michigan, branch of First Community
Bank, F.S.B., Lansing, Michigan -- report on
competitive factors..
Submitted, June 22, 1993.

Atlanta

Magna Bancorp, Inc., Hattiesburg, Mississippi,
proposed merger with First Federal Bank for
Savings, Columbia, Mississippi -- report on
competitive factors.
Submitted, June 22, 1993.

New York

National Bank and Trust Company, Norwich, New York,
proposed purchase of certain assets and assumption
of certain liabilities of two branches of Key Bank
of New York, Albany, New York -- report on
competitive factors.
Submitted, June 24, 1993.

New York

Savannah Bank, N.A., Savannah, New York, proposed
acquisition of certain assets and assumption of
certain liabilities of the Fair Haven, New York,
branch of First National Bank of Rochester,
Rochester, New York -- report on competitive
factors.
Submitted, June 25, 1993.

H.2
JUNE 21, 1993
PAGE 8

TO

JUNE 25, 1993

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

COMPETITIVE FACTORS REPORTS

Richmond

Security Federal Savings Bank of South Carolina,
Aiken, South Carolina, proposed purchase of the
branches of NationsBank of South Carolina, N.A.,
Columbia, South Carolina -- report on competitive
factors.
Submitted, June 22, 1993.

St. Louis

Security State Bank, Republic, Missouri, proposed
merger with Commerce Bank of Springfield, National
Association, Springfield, Missouri -- report on
competitive factors.
Submitted, June 23, 1993.

Chicago

TCF Bank Illinois FSB, Chicago, Illinois, proposed
purchase of the assets and assumption of the
liabilities of TCF Bank Savings FSB, Minneapolis,
Minnesota -- report on competitive factors.
Submitted, June 25, 1993.

EXTENSIONS OF TIME




Atlanta

Employee Stock Ownership Plan and Trust of Southwest
Georgia Financial Corporation, Moultrie, Georgia extension to September 30, 1993, to acquire
Southwest Georgia Financial Corporation.
Granted, June 22, 1993.

Director, BSStR

FBOP Corporation, Oak Park, Illinois -- extension to
dispose of certain assets of Regency Savings Bank,
F.S.B., Naperville, Illinois.
Granted, June 24, 1993.

Director, BS&R

First Union Corporation, Charlotte, North Carolina extension to comply with divestiture commitment.
Granted, June 23, 1993.

Chicago

Keystone Bancshares, Inc., Monona, Iowa -- extension
to October 16, 1993, to acquire Peoples State Bank
Elkader, Iowa.
Granted, June 23, 1993.

H .2
JUNE 21, 1993
PAGE 9

TO

JUNE 25, 1993

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

EXTENSIONS OF TIME
New York

Salamanca Trust Company, Salamanca, New York -extension to October 9, 1993, to purchase certain
assets and assume certain liabilities of the branch
of Chemical Bank, New York, New York, at 60 West
Main Street, Allegany, New York.
Granted, June 23, 1993.

RESERVE BANK SERVICES




Director, FRBO

Federal Reserve Bank of Chicago -- to offer a Basic
Electronic Check Presentment service at District
offices.
Approved, June 24, 1993.

H.2
JUNE 21, 1993
PAGE 10

ADDITIONS AND CORRECTIONS
TO

JUNE 25, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANKS■ FOREIGN

Medium Business Bank of Taiwan, Taipei, Taiwan,
Republic of China --to establish a representative
office in Los Angeles, California.
Approved, June 16, 1993.

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

COMPETITIVE FACTORS REPORTS

Philadelphia

CoreStates Hamilton Bank, Lancaster, Pennsylvania,
proposed merger with CoreStates Bank, N.A.,
Philadelphia, Pennsylvania -- report on competitive
factors.
Submitted, June 10, 1993.

Boston

Shawmut Bank New Hampshire, Concord, New Hampshire,
proposed merger with New Dartmouth Bank,
Manchester, New Hampshire -- report on competitive
factors.
Submitted, June 14, 1993.

EXTENSIONS OF TIME




Chicago

LaSalle National Corporation, Chicago, Illinois, ABN
AMRO North America, Inc.; ABN AMRO Bank, N.V.,
Amsterdam, The Netherlands, Stichting Prioriteit
ABN AMRO Holding; Stichting Administratiekantoor
ABN AMRO Holding, and La Salle Bank Northbrook,
Northbrook, Illinois -- extension to September 18,
1993, to acquire certain assets and assume certain
liabilities of the Buffalo Grove, Libertyville,
Mundelein, Skokie, Northbrook, and Palatine
branches of LaSalle Talman Bank, F.S.B., Chicago,
Illinois.
Granted, June 18, 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

Shawmut National Corporation,
Hartford, Connecticut 3(a) (l)/3(a) (3) application
to acquire New Dartmouth Bank,
Manchester, New Hampshire*

Newspaper

07-11-93

Federal Register 07-16-93

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
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

"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___________
Joint Stock Investment and Commercial Bank for Industry and
Construction (Promstroy Bank), Moscow, Russian Federation, to
establish a representative office in New York.

N/A

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None.
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)

J.P. Morgan & Co. Inc., New York, New York, to engage indirectly
through its subsidiary, J.P. Morgan Futures, Inc., New York,
New York in the provision of execution, clearing, and advisory
services with respect to nonfinancial energy futures contracts
and options on such contracts.

Internationale Nederlanden Group N.V., Amsterdam, the
Netherlands, to engage de novo through its subsidiary,
Internationale Nederlanden (US) Securities Corporation,
New York, New York, in providing securities brokerage services,
including full service brokerage services, and in providing
investment and financial advisory services and in underwriting
and dealing in government obligations and money market
instruments and to engage de novo through its subsidiary,
Internationale Nederlanden (US) Capital Corporation, New York,
New York, in making, acquiring and servicing loans.
SECTION IV
Applications Not Involving
______ Public Comment______
None.




7/21/93

N/A

SECTION V

Availability of CRA Public Evaluations
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following group:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record
of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record
of ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate- income neighbor­
hoods, in a manner consistent with its resources and capabilities.
Week Ending June 26, 1993
NAME OF BANK

RATING

EXAMINATION DATE

Bank of Cattaraugus
24 Main Street
Cattaraugus, NY 14719

Satisfactory

February 8, 1993




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
None.

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND
FEDERAL REGISTER NOTICE
Wilmington Trust Corporation, Wilmington, DE, to acquire Freedom Valley Bank, West
Chester, Pennsylvania, pursuant to Section 3(a)(3) of the Bank Holding Company Act of
1956, as amended, and to effect a merger, pursuant to Section 18(c) of the FDI Act.
Fed. Reg. Comment period expires:
Newspaper comment period expires:

7/23/93
7/23/93

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

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

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




FEDERAL RESERVE BANK OF PHILADELPHIA

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following institutions were examined for CRA. The 30-business day period the bank
has to make the evaluation public has lapsed during the week ending June 25, 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.
B a n k / L o c a tio n




E x a m in a tio n D ate

CRA R a t in g

Federal Reserve Bank of Cleveland
Applications Bulletin
For Week Ending June 26, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
NONE
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Received Section 3 ( a ) (3) application from
F.N.B. Corporation, Hermitage, Pennsylvania,
on June 16, 1993, to acquire The Metropolitan
Savings Bank of Youngstwon, Youngstwon, Ohio.

* F: July 16, 1993

Received Section 3 ( a ) (5) application from
National City Corporation, Cleveland, Ohio,
on June 10, 1993, to acquire Ohio Bancorp,
Youngstown, Ohio, and to acquire 10% of the
outstanding shares of Cortland Bancorp,
Cortland, Ohio.

* F: July 16, 1993

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Received Section 4 ( c ) (8) notice from Society
Corporation, Cleveland, Ohio, on June 15, 1993,
of its intent to engage in real property leasing
activities and in commercial loan transactions
through its subsidiary, Society Equipment Leasing
Company.

July 26, 1993

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
(June 25, 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 June 25, 1993.
If you are interested in obtaining a copy of an evaluation
document, please contact the bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING:
a bank in this group has an outstanding record
of, and is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
SATISFACTORY: a bank in this group has a satisfactory record
of ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
NEEDS TO IMPROVE:
a bank in this group needs to improve its
overall record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.
SUBSTANTIAL NON COMPLIANCE:
a bank in this group has a
substantially deficient record of ascertaining and helping to meet
the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
The Bank of Corning Company
North Valley Street
Corning, Ohio 43730
(614) 347-4355
Rating:
Satisfactory
Exam Date:
April 5, 1993
Chippewa Valley Bank
20 South Main Street
Rittman, Ohio 44270
(216) 925-1045 Rating:
Outstanding
Exam Date:
March 29, 1993




F e d e r a l R e s e rv e Bank o f Richmond

Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

Pace American Bank, Lawrenceville,
Virginia, to establish a branch at 214
West Atlantic Street, Emporia, Virginia.*

7-16-93

Signet Bank/Virginia, Richmond, Virginia,
to establish an EFT Facility on the ground
floor of the Hartford I Office Building
located at 7800 Carousel Lane, Richmond,
Virginia.*

7-22-93

Signet Bank/Virginia, Richmond, Virginia,
to establish an EFT Facility on the ground
floor of the Hartford II Office Building
located at 7798 Carousel Lane, Richmond,
Virginia.*

7-23-93

Southern National Corporation, Lumberton,
North Carolina, to acquire East Coast Savings
Bank, Inc., SSB, Goldsboro, North Carolina.*

7-26-93

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

Comment Period Ending Date

BB&T Financial Corporation, Wilson,
North Carolina, to acquire Mutual
Savings Bank of Rockingham County,
SSB, Reidsville, North Carolina.*

7-26-93

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.

*Application is subject to CRA requirements.




F e d e r a l R e s e rv e Bank o f Richmond

Availability of CRA Public Evaluations
Week ending June 25, 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

The Bank of Charlotte County
Main Street
Phenix, Virginia 23959

4-5-93

Outstanding

Big Stone Gap Bank and Trust Company
621 Wood Avenue
Big Stone Gap, Virginia 24219

4-6-93

Satisfactory




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending June 25. 1993
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

Barnett Banks, Inc.
Jacksonville, Florida
To acquire the outstanding shares of
capital stock of The Citizens and
Peoples National Bank of Pensacola from
Bank South Corporation, Atlanta,
Georgia, pursuant to Section 3 ( a ) (3) of
the Bank Holding Company A c t .
Drummond Banking Company
Chiefland, Florida
To acquire Suwanee Valley Bancshares,
Inc., Chiefland, Florida, and thereby
acquire its subsidiary, Bank of Florida,
N.A., Chiefland, Florida, pursuant to
Section 3( a ) (3) of the Bank Holding Company
Act.
University State Bank Corp.
Tampa, Florida
Change in control notice by Raul Roque,
John A. R. Grimaldi, and Edward Simmon,
to retain 28.3 percent of the outstanding
shares of common stock.
The Bank Holding Company
Griffin, Georgia
1-BHC-formation, The Bank of Spalding
County, Griffin, Georgia.

07-16-93*
Federal Register

Not yet available*

07-12-93*
Federal Register

07-26-93*
Newspaper

♦Subject to provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending June 25. 1993
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Commerce Corporation
St. Francisville, Louisiana
Change in control notice by Jerry
Richard Haskin to acquire an additional
24.85 percent of the outstanding common
stock.
The acquisition will increase
Mr. Haskin's ownership to 49.33 percent.

07-13-93*
Federal Register

Progressive Capital Corporation
Covington, Louisiana
Change in control notice by Lucky 7
Irrevocable Trust, Amy Blossman Illing
and Ann Blossman Komidor as trustees, to
acquire 25.29 percent of the outstanding
shares of Progressive Capital Corporation,
Covington, Louisiana, and thereby acquire
Central Progressive Bank, Amite, Louisiana.

Not yet available*

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

Not yet available*

First Farmers Bancshares, Inc.
Portland, Tennessee
Change in control notice by Charles Hill Beaty
and his wife, Montee Kittrell Beaty, to
acquire 10 percent of the outstanding shares
of common stock of First Farmers Bancshares,
Inc., Portland, Tennessee, and together with
Charles Randolph Beaty and his wife, Helen June
Beaty, to jointly acquire at least 25 percent
ownership.

07-19-93*
Federal Register

♦Subject to provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending June 25. 1993
Section 3 - Applications Subject

to Federal Register Only

Application

Comment Period Ending Date

First Alabama Bancshares, Inc.
Birmingham, Alabama
To acquire First Federal Enterprises,
Inc., Marianna, Florida, and thereby
indirectly acquire its thrift
subsidiary, First Federal Savings Bank,
Marianna, Florida, pursuant to Section
4 ( c ) (8) of the Bank Holding Company Act.

07-16-93

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Barnett Bank of West Florida
Pensacola, Florida
Request for increase in bank premises.
Magnolia State Capital Corporation
Magee, Mississippi
Commitment waiver request.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending June 25. 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

Satisfactory

03-15-93

American Bank & Trust
Satisfactory
of Polk County
Post Office Box 3400
Lake Wales, Florida 33859
(813)676-7631

03-15-93

SouthTrust Bank
of West Florida
Post Office Box 15708
St. Petersburg, Florida
(813)894-1035

03-22-93

Bank of Forest
Post Office Box 60
Forest, Mississippi
(601)469-3663




39074

Satisfactory

33072

Federal Reserve Bank of Chicago
S e c t i o n I - A p p l i c a t i o n s Subj e c t to N e w s p a p e r
Notice Only
Co m m e n t P e r i o d
Ending Date

Type

Application

Branch

Farmers State Bank
P o y Sippi, W i s c o n s i n
2 1 6 N. M a i n Street
Seymour, Wisconsin*

N

- **

Membership

H i n s d a l e B a n k a n d Trust C o m p a n y
Hinsdale, I l l i n o i s (in organization)
To b e c o m e a m e m b e r o f the F e d e r a l
R e s e r v e Syst e m *

N

- 6-27-93

EFT

Che m i c a l B a n k B a y A r e a
B a y City, M i c h i g a n
4101 W i l d e r R o a d
B a y City, M i c h i g a n *

N

- 7-10-93

Branch

The R o c k I s l a n d B a n k
R o c k Island, I l l i n o i s
590 - 4 2 n d A v e n u e
East Moline, Illinois*

N

- **

B r a n c h / 2 4A

Comerica Bank
Detroit, M i c h i g a n
1400 N o r t h W o o d w a r d A v e n u e
B l o o m f i e l d Hills, M i c h i g a n *

N

- **

B r a n c h / 24 A

Comerica Bank
Detroit, M i c h i g a n
8250 H i l t o n R o a d
B r i g h t o n Township, M i c h i g a n *

N

- **




Federal Reserve Bank of Chicago
Section II - Applic a t i o n s Subject to Both Newspapt
Register Notice

and Federal
Comment Period
Ending Date

Type

A DDlication

CoC-HC

Elc h o Bancorporation, Inc.
A l t o o n a , Iowa
Jo & Verle Burgason

FR - 6-7-93
N P - 6-11-93

CoC-HC

Cascade Bancorporation, Inc.
Venice, Florida
D elilah S h a w and Cascade
Bancorporation, Inc. Voting Trust,
Charles Ryan as Trustee

F R - 6-7-93
N
- 6-11-93

CoC-HC

Elcho Bancorporation, Inc.
Altoona, Iowa
D e lilah S h a w IRA and Elcho
Bancorporation, Inc., Voting Trust,
Charles Ryan as Trustee

FR - 6-7-93
N P - 6-11-93

CoC-HC

Elc h o Bancorporation, Inc.
Altoona, Iowa
Mar g u e r i t e Sevde and the Estate
of Ri c h a r d Sevde

FR - 6-7-93
N P - 6-11-93

M o n t g o m e r y B a n c s h a r e s , Inc.
Montgomery, Illinois
B a n k of M o n t g o m e r y
Montgomery, Illinois*

FR - 6-11-93
N
- 6-21-93

Y-l

O o s t b u r g Bancorp, Inc.
O o s t b u r g , Wisconsin
O o s t b u r g State Ban k
Oostburg, Wisconsin*

FR N
-

Y-l

First S ecurity Bancorp, Inc.
E l m w o o d Park, Illinois
First S ecurity Trust & Savings Bank
E l m w o o d Park, Illinois*

FR - 6-17-93
N
- 6-13-93

CoC-HC

First Lena Corporation
L e n a , .Illinois
Thelma H. Du ft £ R a y E. Stamm

FR - 6-23-93
N P - 6-29-93

CoC-HC

B a n c o r p o f Rantoul, Inc.
Rantoul, Illinois
D e n n i s B. L o n g & A n n e L. Long &
Thomas B. Bryan & Sally A. Bryan

FR - 6-23-93
N P - **

y

-i




3-5-93
6-21-93

Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspapi
Register Notice
(C o n t i n u e d )

and Federal
Comment P e r i o d
Ending Date

Type

A p p l i cation

Y-l

Banklllinois Financial Co.
Champaign, Illinois
B a n k of Illinois in Champaign
Champaign, Illinois*

FR 7-1-93
N P - 6-28-93

Y-l

H e r i t a g e Bancshares Group, Inc.
Minneapolis, Minnesota
Geiger Corporation
Minneapolis, Minnesota
H eritage Bank, National A ssociation
Holstein, Iowa
H eritage Bancshares, Inc.
Minneapolis, Minnesota
heritage Bank, National A ssociation
Willmar, Minnesota*

FR - 6-28-93
NP - 6-21-93

Y-2

V a l l e y Bancorporation
Appleton, Wisconsin
Pierce County Bank and Trust Company
Ellsworth, Wisconsin*

FR NP -

Y-2

Pe o t o n e Bancorp, Inc.
Peotone, Illinois
R o c k River Bancorporation,
Oregon, Illinois
R o c k River Bank
Oregon, Illinois*

FR 7-2-93
N
- **

7-1-93
7-1-93

Inc.

Y-l

East Dubuque Bancshares, Inc.
East Dubuque, Illinois
East Dubuque Investment Corporation
East Dubuque, Illinois
East Dubuque Savings Ban k
East Dubuque, Illinois*

FR N
-

Y-l

Smithdown Investments, Inc.
L a k e Forest, Illinois
Hinsdale Bank and Trust Comp a n y
Hinsdale, Illinois (in organization)*

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

Y-2

F & M Bancorporation, Inc.
Kaukauna, Wisconsin
P a r k Ridge B a ncshares, Inc.
Stevens Point, Wisconsin
B a n k of Park Ridge
P a r k Ridge, Wisconsin*

FR N
-




7-6-93
7-6-93

7-9-93
7-2-93

Federal Reserve Bank of Chicago

Type

Section II - ADDlications Subiect to Both N e w s D a o e r and Federal
R ecister Notice
(Continued)
Comment Period
E n d i n a Date
ADDlication

Y-2

F & M M e r g e r Corporation
Kaukauna, Wisconsin
Park Ridge Bancshares, Inc.
Stevens Point, Wisconsin
B a n k o f P a r k Ridge
Park 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 B a n k of Indianapolis
Indianapolis, Indiana (in organization)*

FR - 7-12-93
N
- **

Y-l/Oakar

Charter Bancorp, M.H.C.
Sparta, Illinois
Charter Bank, S.B.
Sparta, Illinois*

FR - 7-12-93
N
- **

Y-2

Citizens Ba n k i n g Corporation
Flint, M i c higan
Royal B a n k Group, Inc.
Royal Oak, Michigan
National B a n k of Royal Oak
Royal Oak, Michigan*

F R - 7-16-93
N
- **

Y-l

H e a r t w a y Bancorporation
Wayland, Iowa
W ayland State B a n k
Wayland, Iowa*

F R - 7-16-93
N
- 6-7-93

Y-2

Chemical Financial Corporation
Midland, M i c higan
K e y State B a n k
Owosso, Michigan*

F R - 7-16-93
N
- 7-16-93

Y-2

D e Witt Bancorp, Inc.
D e Witt, Iowa
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 lley 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.
Davenport, Iowa
Vall e y State B a n k (in organization)
Eldridge, Iowa*

F R - 3-25-93
N
- 7-23-93




Federal Reserve B a n k of Chicago

Section II

-

Applications Subject to Both Newspaper and Federal
Register Notice
(Continued)

Type

Application

Y-l

The First Trust H o l d i n g s , Inc.
Watseka, Illinois
First Trust and Savings B a n k
of Watseka, Illinois
Watseka, Illinois*




Comment P e r i o d
Ending Date
FR - **
N
- 7-12-93

Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal R e g i s t e r
Notice Only
Comment Period
Ending Date

Type

Application

Y-4

FBOP Corporation
Oak Park, Illinois
Fairfield Financial Corporation
Oak Park, Illinois

FR - 6-21-93

Y-4

Continental B a n k Corporation
Chicago, Illinois
Repechage Partners Ltd.
Chicago, Illinois

FR - 7-22-93

Y-4

North Milwaukee Bancshares, Inc.
Milwaukee, Wisconsin
N M Processing, Inc.
Milwaukee, Wisconsin

FR - 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

FR - **

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

FR - **

Y-4

A B N A M R O Bank 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 lding 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

Stichting 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
Section III - Applications Subject to Federal Register
Notice Onl y
(Continued)
Comment Pe r i o d
Ending Date

Type

Application

4(c)(8)

Stichting Prioriteit A B N A M R O Ho 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
processing and data p r o c essing activities
of Barnett Bank, Inc., Jacksonville,
Florida

FR - 7-6-93

4(c)(8)

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

FR - 7-15-93




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

Applic a t i o n

RoS

Cascade Bancorporation, Inc.
Venice, Florida
To redeem 4,375.00 of common voting shares &
11,314.66 common nonvoting shares
outstanding

RoS

Waheno Bancorporation, Inc.
Altoona, Iowa
To redeem a portion of shares currently
owned b y Cascade Bancorporation, Inc.

RoS

National Bancshares Waupun, Inc.
Waupun, Wisconsin
To redeem 5,535 shares of common stock

RoS

Peotone Bancorp, Inc.
Peotone, Illinois
To pur c h a s e 10,000 shares
common stock

RoS

N
FR
*
**

(11.39i) of 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 of 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 June 25, 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 JUNE 25, 1993

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End of Comment Period

^Section 5(d)(3) application by
Charter Bancorp, M.H.C., Sparta,
Illinois, for its subsidiary, Charter
Bank, S.B., Sparta, Illinois, a stock
savings bank, to purchase certain
assets and assume the liabilities
of Charter Bank, S.B., Sparta,
Illinois, a mutual savings bank
(previously reported during week ending 6-18-93)

7-24-93

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Application
^Section 3(a)(1) application by
Charter Bancorp, M.H.C., Sparta,
Illinois, to acquire Charter Bank,
S.B., Sparta, Illinois, a stock
savings bank
(previously reported during week ending 6-18-93)

End of Comment Period

Newspaper:

7-24-93

^Section 3(a)(3) application by
Bourbon Bancshares, Inc., Bourbon,
Missouri, to acquire Wisdom Holding
Corporation, Salem, Missouri,
thereby acquiring Dent County
Bank and Trust Company, Salem,
Missouri

Newspaper:

7-10-93

^Section 3(a)(3) application by
First Banks, Inc., St. Louis,
Missouri, to acquire up to 19.99
percent of Southside Bancshares
Corp., St. Louis, Missouri

Newspaper:

7-23-93

^Section 3(a)(3) application by
Lima Bancshares, Inc., Lima,
Illinois, to acquire 16.667 percent
of East Dubuque Bancshares, Inc.,
East Dubuque, Illinois

Newspaper:

7-25-93




SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Amplication

End of Comment Period

Section 4(c)(8) notification by
Mercantile Bancorporation Inc.,
St. Louis, Missouri, to engage
de novo, indirectly through
Mercantile Trust Company, N.A. ,
St. Louis, Missouri, in activities
of a fiduciary, agency, and/or
custodial nature
(previously reported during week ending 6-11-93)

7-12-93

Section 4(c)(8) notification by
Cass Commercial Corporation, St.
Louis, Missouri, to engage de novo,
indirectly through Cass Logistics,
Inc., St. Louis, Missouri, in providing
data processing services and data
transmission services, facilities,
data bases and access thereto
(previously reported during week ending 6-11-93)

7-12-93

4(c)(8) notification by CNB Bancshares, Inc.,
Evansville. Indiana, to engage de novo in
community development activities through
an investment in House Investments - Deerfield
Commons, a limited partnership

Not yet available

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

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 eighborhoods, 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 low- a n d m o d e r a t e - i n c o m e neighborhoods, in a
m a n n e r consistent with its resources a n d capabilities.

Needs to improve 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 of its entire delineated c o m m u n i t y , including low- a n d m o d e r a t e - i n c o m e neighborhoods,
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 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 neighborhoods,
in a m a n n e r consistent with its resources a n d capabilities.

FOR THE WEEK ENDING

Name of Bank
Citizens Bank of
New Haven




June 25, 1993

Examination
Date

Bank Address
100 Circle Drive
New Haven, Missouri

3-22-93
63068

Examination
Rating
Satisfactory

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

Application
None.

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

Application
Norwest Corporation
Mpls, MN
To acquire, through merger, 100%
of the voting shares of Winner
Banshares, Inc., Winner, SD*

7-16-93
(Federal Register)

Otto Bremer Foundation and
Bremer Financial Corporation
S t . Paul, MN
To acquire 100% of the voting
shares of Valley Bancshares,
Inc. Grand Forks, ND*
,

7-16-93
(Federal Register)

BANKFIRST CORPORATION
Brookings, SD
To acquire 100% of the voting
shares of BANKFIRST, Mpls, MN*

7-22-93
(Federal Register)

Laddie E. Cimpl Revocable Trust
& Doris Cimpl Revocable Trust
To increase their ownership from
24.6% to 28.7% of First Dakota
Financial Corporation, Yankton, SD

Not yet available

Section III - Applications Subject
to Federal Register Notice Only

Application
None.

* Subject to CRA




Comment Period
Endina Date

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Fulton State Bank
Fulton, SD
To increase its investment
in bank premises by $350M




FEDERAL RESERVE BANK OF M INNEAPOLIS

Section V - Availability of
CRA Public Evaluations
week ending June 25, 1993
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of,
and is a leader in, ascertaining and helping to meet the
credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its
resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low-and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
B A N K ( ) EXAMINED
S
Ravalli County Bank
P. 0. Box 113
224 Pinckney Street
Hamilton, MT 59840
(406) 363-1222




DATE OF EXAMINATION

CRA RATING

March 22, 1993

Satisfactory

Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION
Megabank of Arapahoe, Englewood,
Colorado, for prior approval for
membership in the Federal Reserve
System.

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
Net Available
prior approval to acquire 88.25
percent of the voting shares of
Poudre Valley Bank, Fort Collins,
Colorado.*
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.

Not Available

ANB Bankcorp, Inc., Bristow,
Oklahoma, for prior approval to
engage in management consulting
advice to nonaffiliated banks and
nonbank depository institutions.

Not Available

Chambanco, Inc., Chambers, Nebraska,
for prior approval to participate in
lending activities.

Not Available

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
O NEWSPAPER NOTICE
R
APPLICATION
Bushnell Bancorp, Bushnell, Nebraska,
for prior approval to redeem 1400
shares of its own voting common
stock.




Not Available

Federal Reserve Bank of Kansas City

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Id e n tific a tio n of Ratings
In connection with the assessment of each insured depositoryinstitution'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.

S atisfac to ry 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.
Exam Date

Bank/Location

CRA Public
Date

CRA
Rating

Uinta County State Bank
03-15-93
128 North Birch Street
Mountain View, Wyoming 82939

06-21-93

Needs to
Improve

Citizens Bank
P.O. Box 98
Bancroft, Nebraska

06-21-93

Satisfactory




03-22-93
68004-0098

Federal Reserve Bank of Kansas City

Centennial Bank
13700 East Arapahoe Road
Englewood, Colorado 80112*

03-22-93

*Application is subject to CRA.




06-24-93

Satisfactory

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN

APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF JUNE 21, 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
Charles T. Doyle, Texas City, TX, to acquire an interest
in Texas Independent Bancshares, Inc., Texas City, TX
(Previously reported during the week of 5-31-93)
Change in Control Notice by
William J. Estrada, Houston, TX, to acquire an interest
in Texas Independent Bancshares, Inc., Texas City, TX
(Previously reported during the week of 5-31-93)
Change in Control Notice by
Lawrence J. Del Papa, Galveston, TX, to acquire an
interest in Texas Independent Bancshares, Inc., Texas
City, TX
(Previously reported during the week of 5-31-93)
♦Section 3(a)(3) application by
Independent Bankshares, Inc., Abilene, TX, to acquire
The Winters State Bank, Winters, TX
(Previously reported during the week of 6-7-93)
♦Section 3(a)(3) application by
Independent Financial Corp., Dover, DE, to acquire The
Winters State Bank, Winters, TX
(Previously reported during the week of 6-7-93)

** NOTICE EXP

93/06/25

93/06/25

93/06/25

93/06/27

93/06/27

♦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

N/A

♦Section 3(a)(1) application by
First Sonora Delaware Bancshares, Inc., Dover, DE, to
acquire The First National Bank of Sonora, Sonora, TX

N/A




♦Section 3(a)(1) application by
Finger Interests Number One, Ltd., Houston, TX, to
acquire CBH, Inc., Wilmington, DE; Charter Bancshares,
Inc., Houston, TX; Charter National Bank - Colonial,
Houston, TX; Charter National Bank - Houston, Houston, TX;
and University National Bank, Galveston, TX

N/A

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

NOTICE EXP

None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
Notice by First Riesel Corporation, Riesel, TX,
to redeem 16,258 shares of its common stock.
(Filed during the week of 6/14/93)*

* 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 21. 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

Date of
Examination

Van Horn State Bank
100 Broadway
P. 0. Box 729
Van Horn, TX 79855

93/03/15

Outstanding

Western Bank
140 E. Railroad Ave.
P. 0. Box 490
Lordsburg, NM 88045

93/03/15

Satisfactory




CRA Rating

FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 6/25/93
Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period

Westamerica Bank, N.A., San Rafael, California,
Newspaper:
to become a member of the Federal Reserve System. *

Ending Date
Not applicable

Section II - Applications Sub.iect to Both
Newspaper and Federal Register Notice
Application

Comment Period

Ending 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:

Not available

Fed. Reg.:

7/20/93

First Security Corporation, Salt Lake
City, Utah, to acquire First National
Financial Corporation, Alburquerque,
New Mexico and its subsidiary, First
National Bank of Alburquerque, Alburquerque,
New Mexico.

Newspaper:

7/21/93

Fed. Reg.:

Not yet
available

Section III - Applications Sub.iect to Federal Register Notice Only
Application

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. Rea.:

Not yet
available

BankAmerica Corporation, San Francisco,
California, to engage in private placement
and riskless principal activities through
its subsidiary, BA Securities, Inc., San
Francisco, California.

Fed. Rea.:

Not yet
publi shed

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 6/25/93

Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during the week
ending June 25, 1993. Information about a particular institution’s CRA evaluation may be
obtained directly from the institution.
Institution

Location

Rio Salado Bank

1400 E. Southern Ave.
Tempe, Arizona 85282

Examination Date
03/22/93

Rating*
Satisfactory

(602) 345-8800

* 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 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- to moderate-income 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