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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1995, No. 22
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending June 3, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

Consumer Advisory Council -- request for nominations
for nine new members.
Announced, June 1, 1995.
Thrift Institutions Advisory Council.
Convened, June 2, 1995.

BANK HOLDING COMPANIES
BayBanks, Inc., Boston, Massachusetts -- to acquire
NFS Financial Corp., Nashua, New Hampshire, NFS
Savings Bank; and Plaistow Cooperative Bank, FSB,
Plaistow, New Hampshire.
Approved, May 30, 1995.
First Union Corporation, Charlotte, North Carolina -to expand the activities of section 20 subsidiary,
First Union Capital Markets Corporation to include
underwriting and dealing in debt and equity
securities, and providing advice on swaps and swap
derivative products.
Permitted, May 30, 1995.

CHANGE IN BANK CONTROL
San Francisco Company, San Francisco, California -change in bank control.
Permitted, May 30, 1995.

ENFORCEMENT




Texas Coastal Bank, Pasadena, Texas; Charles R.
Vickery, Jr., the principal shareholder of the
bank; G. Warren Coles, Jr., former chairman of the
board and a director of the bank; and B.F. Holcomb,
chairman of the board and the president of the bank
-- cease and desist order; and orders of assessment
of a civil money penalty against Messrs. Vickery,
Coles, and Holcomb; Ben T. Harrison, a director of
the bank; and Constance M. Vickery, a former
director of the bank.
Announced, May 30, 1995.

H.2
MAY 30, 1995
PAGE 2

TO

JUNE 2, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS
REGULATIONS AND POLICIES
Government securities, large positions -- letter to
the Treasury responding to its Advanced Notice of
Proposed Rulemaking pertaining to large-position
reporting.
Approved, May 31, 1995.

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




New York

Bank of Smithtown, Smithtown, New York -- to
establish a branch at 836 Fort Salong Road,
Northport, New York.
Approved, June 1, 1995.

New York

Chemical Bank, New York, New York --to establish an
off-site facility on the premises of the Menorah
Home and Hospital For the Aged and Infirm, 1516
Oriental Boulevard, Brooklyn, New York.
Approved, June 2, 1995.

Kansas City

Gunnison Bank and Trust Company, Gunnison, Colorado - to establish a branch at the corner of Sixth
Street and Gothic Avenue, Crested Butte, Colorado.
Approved, June 1, 1995.

Richmond

Mellon Bank (MD), Rockville, Maryland -- to establish
a branch in Montgomery Mall at 7101 Democracy
Boulevard, Bethesda, Maryland.
Approved, May 31, 1995.

Chicago

UnionBank, Streator, Illinois -- to establish a
branch at 1311 Shooting Park Road, Peru, Illinois.
Approved, June 2, 1995.

H.2
MAY 30, 1995
PAGE 3

TO

JUNE 2, 1995

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

BANK HOLDING COMPANIES




Chicago

Amcore Financial, Inc., Rockford, Illinois -- to
engage in check guaranty services through Rockford
Mercantile Agency, Inc.
Approved, June 1, 1995.

Dallas

Baylor / Delaware Corp., Wilmington, Delaware -- to
acquire Memphis State Bank, Memphis, Texas.
Approved, May 31, 1995.

Dallas

Baylor Bancshares, Inc., Seymour, Texas -- to acquire
Memphis State Bank, Memphis, Texas.
Approved, May 31, 1995.

Kansas City

BOK Financial Corporation, Tulsa, Oklahoma -- to
acquire Security National Bancshares of Sapulpa,
Inc., Sapulpa, Oklahoma.
Approved, May 31, 1995.

Minneapolis

Citizens Investment Company, Inc., Glenville,
Minnesota -- to acquire Twin Lakes State Bank, Twin
Lakes, Minnesota.
Approved, June 2, 1995.

Atlanta

Commerce Bankshares, Inc., Birmingham, Alabama -- to
acquire National Bank of Comemrce of Birmingham.
Approved, June 2, 1995.

Secretary

Dacotah Banks, Inc., Huron, South Dakota -- to
acquire Huron Title Company and act as agent in the
sale of title insurance and engage in title
abstract activities.
Approved, May 31, 1995.

New York

Deutsche Bank AG, Frankfurt, Federal Republic of
Germany -- to retain shares through Deutsche Bank
Securities Corporation, New York, New York, of
First Call Corporation, Boston, Massachusetts, and
continue to engage in providing data processing
services.
Approved, May 30, 1995.

H.2
MAY 30, 1995
PAGE 9

TO

JUNE 2, 1995

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

BANK HOLDING COMPANIES




Cleveland

KeyCorp, Cleveland, Ohio, and Key Banks of the Rocky
Mountains, Inc., Denver, Colorado -- request for
waiver of the application to acquire three secondtier holding company subsidiaries and one bank
subsidiary of KeyCorp.
Approved, May 31, 1995.

St. Louis

Mercantile Bancorporation Inc., St. Louis, Missouri - to acquire AmeriFirst Bancorporation, Inc.,
Sikeston, Missouri, and AmeriFirst Bank.
Approved, May 31, 1995.

Atlanta

National Commerce Corporation, Birmingham, Alabama,
and Commerce Bancshares, Inc. --to acquire
Talladega Federal Savings and Loan Association,
Talladega, Alabama.
Approved, June 2, 1995.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota -- to
engage de novo in residential mortgage lending
activities through Cornerstone Mortgage, Ho-Ho-Kus,
New Jersey.
Permitted, June 1, 1995.
Royal Bancshares of Pennsylvania, Inc., Narberth,
Pennsylvania --t o acquire Royal Bank of
Pennsylvania.
Approved, June 2, 1995.

Philadelphia

Kansas City

Western Oklahoma Financial Services, Inc., Elk City,
Oklahoma --to acquire First National Bank & Trust
of Elk City, Elk City, Oklahoma.
Approved, June 2, 1995.

H .2
MAY 30, 1995
PAGE 5

TO

JUNE 2, 1995

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

BANK HOLDING COMPANIES
Minneapolis

Windsor Bancshares, Inc., Minneapolis, Minnesota -to acquire Bank Windsor II, Chisholm, Minnesota.
Approved, May 30, 1995.

BANK MERGERS
Cleveland

Fifth Third Bank, Cincinnati, Ohio --to acquire the
Lebanon, Ohio, branch of Bank One, Dayton, N.A.,
Dayton, Ohio.
Approved, May 31, 1995.

Atlanta

Home Bank, Guntersville, Alabama -- to merge with
Bank of Albertville, Albertville, Alabama.
Approved, June 2, 1995.

Chicago

Old Kent Bank, Grand Rapids, Michigan --to merge
with First National Bank in Macomb County, Mount
Clemens, Michigan, and to establish fifteen
branches.
Approved, June 1, 1995.

Secretary

West One Bank, Idaho, Boise, Idaho -- to acquire
certain assets and assume certain liabilities of
the Burley, Idaho, branch of Washington Federal
Savings and Loan Association, Seattle, Washington.
Approved, June 1, 1995.

BANK PREMISES
Kansas City

Gunnison Bank and Trust Company, Gunnison, Colorado
- investment in bank premises.
Approved, May 31, 1995.

CAPITAL STOCK




Minneapolis

Citizens Bancshares of Woodville, Inc., Woodville,
Wisconsin -- redemption of shares.
Approved, June 2, 1995.

H.2
MAY 30, 1995
PAGE 6

TO

JUNE 2, 1995

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

CHANGE IN BANK CONTROL
Minneapolis

Barron Investment Company, Golden Valley, Minnesota
- change in bank control.
Permitted, June 2, 1995.

San Francisco

FP Bancorp, Escondido, California
control.
Permitted, June 2, 1995.

St. Louis

Martinsburg Bancorp, Inc., Martinsburg, Missouri -change in bank control.
Permitted, May 31, 1995.

Atlanta

Teche Bancshares, Inc., St. Martinville, Louisiana -change in bank control.
Approved, May 31, 1995.

change in bank

COMPETITIVE FACTORS REPORTS




Boston

Atlantic Bank National Association, South Portland,
Maine -- proposed acquisition of certain assets and
assumption of certain liabilities of Casco Northern
Bank, National Association, Portland, Maine -report on competitive factors.
Submitted, June 1, 1995.

Richmond

Bank of Franklin, Franklin, Virginia, proposed
purchase of certain assets and assumption of the
liabilities of the Holland Road, Suffolk, Virginia,
branch of Crestar Bank, Richmond, Virginia -report on competitive factors.
Submitted, June 2, 1995.

Kansas City

Bank of Tescott, Tescott, Kansas, proposed merger
with Saline Valley Bank, Lincoln, Kansas -- report
on competitive factors.
Submitted, May 31, 1995.

New York

Bank of Westbury, A Federal Savings Bank, Westbury,
New York, proposed merger with Reliance Federal
Savings Bank, Garden City, New York -- report on
competitive factors.
Submitted, June 2, 1995.

St. Louis

Banterra Bank of Gallatin County, Ridgway, Illinois,
proposed merger with Banterra Bank of Hamilton
County, McLeansboro, Illinois, and Banterra Bank of
Norris City, Norris City, Illinois -- report on
competitive factors.
Submitted, May 30, 1995.

H.2
MAY 30, 1995
PAGE 7

TO

JUNE 2, 1995

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

COMPETITIVE FACTORS REPORTS




Richmond

Columbia Bank, Columbia, Maryland, proposed
acquisition of certain assets and assumption of the
deposits and certain liabilities of the Ellicott
City, Maryland, branch of Citizens Bank of
Maryland, Laurel, Maryland -- report on competitive
factors.
Submitted, May 31, 1995.

New York

Columbia Federal Savings Bank, Woodhaven, New York -proposed acquisition of certain assets and
assumption of certain liabilities of the Rockaway
Beach branch, in Rockaway Beach, of Chemical Bank,
New York, New York.
Submitted, May 30, 1995.

Dallas

First Colony Bank, Colony, Texas, proposed merger
with First State Bank of Texas, Denton, Texas -report on competitive factors.
Submitted, June 2, 1995.

Atlanta

First Liberty Financial Corporation, Macon, Georgia,
and First Liberty Bank, proposed acquisition of the
assets and assumption of the liabilities of Tifton
Banks, Inc., Tifton, Georgia, and Tifton Bank &
Trust Company " report on competitive factors.
Submitted, May 31, 1995.

Dallas

First National Bank of Andrews, Andrews, Texas,
proposed merger with National Bank of Andrews -report on competitive factors.
Submitted, June 1, 1995.

San Francisco

First Nationwide Bank, A Federal Savings Bank,
Dallas, Texas, proposed purchase of certain assets
and assumption of certain liabilities of ITT
Federal Bank, Federal Savings Bank, San Francisco,
California -- report on competitive factors.
Submitted, June 2, 1995.

San Francisco

Interwest Savings Bank, Oak Harbor, Washington,
proposed merger with Interwest Savings Bank -report on competitive factors.
Submitted, June 1, 1995.

H.2
MAY 30, 1995
PAGE 8

TO

JUNE 2, 1995

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

COMPETITIVE FACTORS REPORTS




St. Louis

King City Federal Savings Bank, Mount Vernon,
Illinois, proposed merger with Citizen Bank of
Illinois, N.A., Harrisburg, Illinois -- report on
competitive factors.
Submitted, June 2, 1995.

San Francisco

Los Robles Bank, Thousand Oaks, California, proposed
merger with L R. Merger Company -- report on
competitive factors.
Submitted, June 1, 1995.

St. Louis

Lynnville National Bank, Lynnville, Indiana, proposed
purchase of certain assets and assumption of the
liabilities of Chandler, Indiana, branch of The
National City Bank of Evansville, Evansville,
Indiana -- report on competitive factors.
Submitted, May 30, 1995.

Dallas

New Andrews Bank, Andrews, Texas, proposed merger
with National Bank of Andrews -- report on
competitive factors.
Submitted, June 1, 1995.

Dallas

New College Station Bank, College Station, Texas,
proposed merger with Commerce National Bank -report on competitive factors.
Submitted, June 2, 1995.

Dallas

New Plano Bank, Plano, Texas> proposed merger with
Plano Bank & Trust -- report on competitive
factors.
Submitted, June 2, 1995.

Cleveland

People's Savings Association, Cincinnati, Ohio,
proposed purchase of three branches of Heritage
Savings Bank -- report on competitive factors.
Submitted, June 2, 1995.

Chicago

Peoples Bank and Trust Company, Sunman, Indiana,
proposed merger with Newco Bank — report on
competitive factors.
Submitted, May 31, 1995.

H.2

MAY 30, 1995
PAGE 9

TO

JUNE 2, 1995

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

COMPETITIVE FACTORS REPORTS
Cleveland

Peoples National Bank of New Lexington, New
Lexington, Ohio, proposed merger with Peoples
National Interim Bank -- report on competitive
factors.
Submitted, June 2, 1995.

Atlanta

Regional Investment Fund, Ltd.,Tallahassee, Florida,
and Regional Financial Corporation, proposed
acquisition of FirstSouth Bank, FSB, Holiday,
Florida -- report on competitive factors.
Submitted, May 30, 1995.

Minneapolis

Security Bank Northwest, St. Michael, Minnesota,
proposed merger with The Highland Bank, St. Paul,
Minnesota -- report on competitive factors.
Submitted, June 2, 1995.

St. Louis

Union Planters Bank of Northeast Arkansas, Jonesboro,
Arkansas, proposed merger with Farmers and
Merchants Bank, Reyno, Arkansas -- report on
competitive factors.
Submitted, May 31, 1995.

St. Louis

Volunteer Bank, Jackson, Tennessee, proposed
acquisition of the assets and assumption of the
liabilities of Shelby Bank, Bartlett, Tennessee -report on competitive factors.
Submitted, June 1, 1995.

EXTENSIONS OF TIME




Chicago

Associated Banc-Corp, Green Bay, Wisconsin -extension to September 12, 1995, to serve as
trustee for personal trusts, investment agency
accounts, employee benefit plans and as trustee for
Illinois Land Trusts through Associated Trust
Company of Illinois, Inc., Chicago, Illinois.
Granted, June 2, 1995.

Richmond

Carolina First Bancshares, Inc., Lincolnton, North
Carolina -- extension to dispose of certain
property.
Granted, May 31, 1995.

H.2
MAY 30, 1995
PAGE 10

TO

JUNE 2, 1995

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

EXTENSIONS OF TIME
Secretary

Ogden Bancshares, Inc., Ogden, Iowa — extension to
June 6, 1995, to submit a request for
reconsideration of the Board's approval of the
application to acquire City State Bank.
Granted,

New York

June 1, 1995.

Union Bank of Switzerland, Zurich, Switzerland —
extension to August 13, 1995, to acquire certain
assets of Timberland Resources, Inc., West Lebanon,
New Hampshire, and engage in providing investment
advisory services.
Granted, June 2, 1995.

MEMBERSHIP
Atlanta

Minneapolis

Bank at Ormond By-The-Sea, Ormond Beach, Florida -to become a member of the Federal Reserve System.
Approved, June 1, 1995.

MSI Bank of Eagle River, Eagle River, Wisconsin —
become a member of the Federal Reserve System.
Approved, June 2, 1995.

REGULATIONS AND POLICIES
Secretary

Regulation B -- final revisions to the official staff
commentary to provide guidance on disparate
treatment, special purpose credit programs, credit
scoring systems, and marital status discrimination
(Docket R-0865).
Approved, June 2, 1995.

Secretary

Regulation C -- publication for comment of staff
commentary to provide guidance on issues including
the treatment of prequalifications, participations,
refinancings, home equity lines, mergers, and loan
applications received through a mortgage broker
(Docket R-0881).
Approved, June 2, 1995.




to

H.2
MAY 30, 1995
PAGE 11

TO

JUNE 2, 1995

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

RESERVE BANK SERVICES




Director, FRBO

Federal Reserve Bank of Chicago -- to implement check
service fee and service modifications at the
Chicago, Detroit, Indianapolis, and Milwaukee
offices.
Approved, June 1, 1995.

ADDITIONS AND CORRECTIONS

H.2
MAY 30, 1995
PAGE 12

TO

JUNE 2, 1995

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK BRANCHES. DOMESTIC




Kansas City

Vail Bank, Vail, Colorado - - t o establish a branch
within one-half mile of U.S. Highway 6 and Edwards
Access Road, Edwards, Colorado.
Approved, May 10, 1995.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS

Application

SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Comment Period Ending Date

Center Financial
Corporation, Waterbury,
Conn e c t i c u t - s e ction 3
n o tice to b e come a b a n k
ho l d i n g c o m p a n y through
the a c q u i s i t i o n of
Centerbank, Waterbury,
Connec t i c u t

Newspaper

06-06-95

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

Comment Period Ending Date
N ONE

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Application

Comment Period Ending Date
NONE

S E C T I O N IV - A P P L I C A T I O N S N O T SU B J E C T TO
F EDERAL R E G I S T E R OR N E W S P A P E R N O T I C E

Application
NONE

SE C T I O N V - A V A I L A B I L I T Y OF C R A PUBLIC EVALUA T I O N S
Institution
E x a m i n a t i o n Date
R a ti ng**

NONE

*Subject to CRA.
**Rating Definitions:
"O" - Outstanding; "S" - Satisfactory;
- Needs to Improve; "SN" - S u b stantial Noncompliance.




"N"

Federal Reserve Bank of New York
Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
__________ Notice Only__________
None.
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None.

SECTION III

Nonbanking Applications
(subject to Federal Register Notice Only)
Canadian Imperial Bank of Commerce, Toronto, Ontario, Canada,
to acquire indirectly through its subsidiary, Wood Gundy
Corporation, New York, New York, certain of the assets, and
assume certain of the liabilities, of The Argosy Group L.P.,
both of New York, New York, and thereby to engage in certain
underwriting and dealing activities in debt and equity
securities, private placement activities, and riskless
principal transactions, approved in previous Board Orders,
and in investment advisory activities, securities brokerage,
and futures commission merchant activities as described in
Sections 225.25(b)(4), (b)(15), and (b)(18), respectively,
of Regulation Y.

SECTION IV
Applications Not Involving
______Public Comment_____
None.

1/ Subject to the provisions of the Community Reinvestment Act.




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 an
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 2. 1995
NAME OF BANK

RATING

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 Availables




FEDERAL RESERVE BANK OF PHILADELPHIA

Section I - APPLICATIONS RECEIVED AND SUBJECT TO NEWSPAPER NOTICE ONLY
NONE
SECTION II - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER
NOTICE
Continental Bancorporation, Laurel Springs, NJ, is the subject of a Change in Bank
Control Notice filed by Jeffrey Howard Steinberg, Marlton, NJ.
A proposed stock
repurchase plan by Continental will cause Mr. Steinberg's stock ownership to exceed 10%
(but remain less than a 25%).
Federal Register comment period expires:
Newspaper comment period expires:

06/14/95
N/Avail

Drovers Bancshares Corporation, York, PA, is the subject of a Change in Bank Control
Notice filed by Stewart Associates, York, PA (General Partners: Robert H. Stewart, Jr.,
Karylee Gilbert, Terrence S. Stewart, and Gary A. Stewart), to acquire approximately 15%
of the bank holding company.
Federal Register comment period expires:
Newspaper comment period expires:

06/21/95
N/Avail

SECTION III - APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL REGISTER NOTICE ONLY
None
SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL REGISTER NOTICE OR
NEWSPAPER NOTICE




NONE

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

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following institutions were examined for CRA* The 30-business day period the bank
has to make the evaluation public has lapsed during the week ending June 2, 1995.
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/Location

Examination Pate

CRA Rating

None

None

None




Fe d e r a l R e s e r v e B a n k
of C l eveland
P. 0 . BOX 6387
CLEVELAND, OHIO 44101-1387

APPLICATIONS BULLETIN
(For the week ending June 10,1995)

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Received OAKAR application from Fifth Third Bancorp,
Cincinnati, Ohio, on May 12,1995, to acquire Bank o f
Naples, Naples, Florida.
Received notice from Integra Bank/Pittsburgh,
Pittsburgh, Pennsylvania, on June 6, 1995, o f its
intent to establish a branch faciltiy at Heidleberg
Shop n ’ Save, 2100 Washington Pike, Raceway
Plaza, Carnegie, Pennsylvania.

* Not Yet Known #

* June 24, 1995

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

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
NONE

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

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



AVAILABILITY OF CRA PUBLIC EVALUATIONS
(June 9,1995)

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 9, 1995. If you are
interested in obtaining a copy o f 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 lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
SATISFACTORY : a bank in this group has a satisfactory record o f ascertaining and
helping to meet the credit needs o f its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
NEEDS TO IM PR O V E: 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 lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
SUBSTANTIAL NON COM PLIANCE: a bank in this group has a substantially deficient
record o f ascertaining and helping to meet the credit needs o f its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.

NONE




Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

First-Citizens Bank & Trust Company,
Lawrenceville, Virginia, to establish a
branch at the intersection of Highway 29
and State Road 703, Chatham, Virginia.*

6-23-95

F & M Bank-Massanutten, Harrisonburg,
Virginia, to establish an Electronic
Funds Transfer Facility at the intersection
of U. S. Route 33 and State Route 644,
McGaheysville, Virginia.*

7-1-95

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

Comment Period Ending Date

First Citizens Bancorporation of South
Carolina, Inc., Columbia, South Carolina,
for prior approval to acquire S.N.B. Financial
Corporation, Summerville, South Carolina.*

7-5-95

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

First Union Corporation, Charlotte, North
Carolina, to acquire STATCO, Inc., Rome,
Georgia, and its subsidiary, Home Federal
Savings Bank, Rome, Georgia.

6-19-95**

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

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




Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations

Week ending June 2, 1995

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

None.




Rating

Federal Reserve Bank of Atlanta
Applications Bulletin for We.ek_Endi.nq June 2, 1995

S e c t i o n 1 - A p p l i c a t i o n s Subject to N e w s p a p e r N o t i c e O n l y

A pplication

Comment Peri o d Ending Date

Banco N o r o e s t e S.A.
Sao Paulo, Brazil
To e s t a b l i s h an a g e n c y in Miami,

N o t y e t a v ailable*
Florida.

Se c t i o n 2 - A p p l i c a t i o n s Subject to B o t h
N e w s p a p e r a n d Fe d e r a l R e g i s t e r N o t i c e

A p p l i cation

Comment P e riod E n ding Date

N o t y e t avail a b l e *
Abess Properties, Ltd.
Miami, F l o r i d a
A l o n g w i t h C i t y N a t i o n a l Bancshares,
Inc., Miami, Florida,
to
a c q u i r e 41.71 p e r c e n t of the o u t s t a n d i n g shares of T u r n b e r r y
Savings & Loan Association, N o r t h Miami Beach, Florida, p ursuant to
Section 4(c)(8)
of the B a n k H o l d i n g C o m p a n y A c t a n d Sect i o n
225.25(b)(9) of R e g u l a t i o n Y.
C i t y Finan c i a l C o r p o r a t i o n of Tam p a
Not y e t avai l a b l e *
Tampa, F l o r i d a
A f t e r - t h e - f a c t c h ange in control b y Mr. Fr e d r i c R. L e V a r g e to
retain an additional 11.2 pe r c e n t of C i t y Financial C o r p o r a t i o n of
Tampa.
Total a c q u i s i t i o n will equal 19.5 percent.
C h a t u g e B a n k Shares, Inc.
Hiawassee, G e o r g i a
1-BHC formation, B a n k of Hiawassee,

N o t y e t avail a b l e *
Hiawassee,

Georgia.

South B a n k i n g C o m p a n y
Not y e t a vailable*
Alma, G e o r g i a
To a c quire P i n e l a n d State Bank, Metter,
Georgia,
pursuant
Section 3 ( a ) (3) of the B a n k H o l d i n g C o m p a n y Act.

*Subject to Provisions of the C o m m u n i t y R e i n v e s t m e n t Act.




to

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending June 2. 1995

Section 3 - Applications Subject to Federal R e g i s ter Only

Application

Comment Period Ending Date

None.
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Not i c e

Application
Brannen Banks of Florida, Inc.
Inverness, Florida
Commitment w a iver r e q u e s t .




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending June 2, 1995

Section 10 - Availability of C R A Public Evaluations

The CRA publ i c evaluations of the insured d e p o sitory institutions
listed b e l o w became available during this week.
Information about
an institution's CRA evaluation m a y be obtained dire c t l y 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 w i t h its resources a n d
capabilities.
Satisfactory

record of meeting community credit needs:
An
institution has a satisfactory record of ascertaining and h e l p i n g
to meet the credit needs of its entire de l i n e a t e d community,
including low- and moderate-income neighborhoods,
in a m a n n e r
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 an d
helping
to meet
the credit needs
of
its entire d e l i n e a t e d
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 a s c e r tain ing
and he l p i n g to meet the credit needs of its entire d e l i n e a t e d
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Examination
Bank

Rating

Date

First B a n k of Boaz
Post O f fice Box 757
Boaz, A l a b a m a
35957
(205)593-8670

Satisfactory

02-21-95

First State Bank of
Post Office Box 188
West Blocton, Alabama
(205)938-7881

Satisfactory

02-21-95




35184

Federal Reserve Bank of Chicago
Section I - Applications Subject to N e w s p a p e r
Notice Only

Comment Period
Ending Date

Type

A p p l ication

Branch

Tri-County Bank
Brown City, M i c higan
Southeast corner of Huron Street and
Beech Street
Nor t h Branch, Michigan

Branch

Liberty Bank
Milwaukee, Wis c o n s i n
8605 Nor t h Port Washington Road
Fox Point, Wisconsin*

NP

- 6-9-95

Branch

Comerica Bank-Illinois
Franklin Park, Illinois
4929 West Lawrence Avenue
Chicago, Illinois*

NP

- 6-2-95

Branch

Comerica Bank
Detroit, Michigan
3410 Rememberance Road, N.W.
Walker, Michigan

NP

- **

Merger/Branch

First Source Bank
South Bend, Indiana
1st Source Bank of Starke County
Hamlet, Indiana & establish branches at
19 West Davis Street
Hamlet, Indiana
1904 S. Heaton
Knox, Indiana

NP

- 6-12-95

Branch

Fort Madison Bank & Trust Company
Fort Madison, Iowa
Hy-Vee Food Store
2606 Avenue L
Fort Madison, Iowa

NP - 6-17-95

Membership

M&I Bank Northeast
Green Bay, W i s consin
to become a member of the Federal Reserve
System

N P - **

Branch

Bank of Lakeview
Lakeview, Michigan
10049 Buchanan Road
Stanwood, Michigan

N P - **




N P - 6-8-95

Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only

Comment P e r i o d
Ending Date

lYPe

A p p lication

Merger/Branch

M&I Marshall & Ilsley Bank
Milwaukee, Wisconsin
M&I South Shore Bank
South Milwaukee, W i s consin
5656 South Packard Avenue
Cudahy, Wisconsin
1001 Marquette Avenue
South Milwaukee, Wisconsin

NP - **

Membership

H edrick Savings Bank
Hedrick, Iowa
to become a member of the Federal Reserve
System

NP - **




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

Comment Period
Ending Date

Type

Application

Reg K

Caisse Nationale De Credit Agricole
Paris, France
to establish a Representative Office
in Houston Texas

FR - **
NP - **

Y-2

Milford Bancorporation
Milford, Iowa
Ocheyedan Bancorporation
Ocheyedan, Iowa
Ocheyedan Savings Bank
Ocheyedan, Iowa*

FR - 6-8-95
NP - 5-22-95

Y-2

Panhandle Aviation, Inc.
Clarinda, Iowa
Essex Iowa Bancorporation, Inc.
Essex, Iowa
First National Bank of Essex
Essex, Iowa*

FR - 6-8-95
NP - 6-10-95

CoC-HC

Delhi Bancshares, Inc.
Delhi, Iowa
By Bernard D. Cooper

FR - 6-6-95
NP - 6-15-95

Y-l

Foursquare Cornerstone, Inc.
Brookfield, Wisconsin
Cornerstone Bank
Brookfield, Wisconsin* (in organization)

FR - 6-16-95
NP - **

CoC-HC

Huxley Bancorp
Huxley, Iowa
By William A. Moore

FR - 6-8-95
NP - 6-15-95

Y-2

Associated Banc-Corp.
Green Bay, Wisconsin
GN Bancorp, Inc.
Chicago, Illinois
Gladstone-Norwood Trust and Savings Ban k
Chicago, Illinois*

FR - 6-29-95
NP - * *

Y-2

Associated Illinois Banc-Corp.
Green Bay, Wisconsin
GN Bancorp, Inc.
Chicago, Illinois
Gladstone-Norwood Trust and Savings B ank
Chicago, Illinois*

FR - 6-29-95
NP - **




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

Typ_e

Application

Y-l

Capitol Bankshares, Inc.
Madison, Wisconsin
Capitol Bank
Madison, Wisconsin (in organization)*




Comment Pe r i o d
Ending Date
FR - **
NP - **

Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal R e g ister
Notice Only

Comment Period
Ending Date

Type

A p p lication

4(c) (8)

St. Francis Capital Corporation
FR - **
Milwaukee, W i s consin
to engage in the sale of annuities thro u g h
its subsidiary, St. Francis Insurance
Services. C o r p . , Milwaukee, Wisconsin

4 (c) (8)

First National Company
Storm Lake, Iowa
to engage in the business of a bstracting

FR - 6-13-95

4(c) (8)

State Banco, Ltd.
Spirit Lake, Iowa
to engage directly in making, acquiring,
or servicing loans or other extensions of
credit for the company’ account or for
s
the account of others

FR - **




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

Type

Application

RoS

Shorebank Corporation
Chicago, Illinois
to redeem its capital stock

N
FR
*
**

-

New s p a p e r
Federal Register
Subject to Provisions of Community Reinvestment Act
Not available at this time




A V A I L A B I L I T Y OF CRA PUBLIC EVALUATIONS
The following state m e mber banks have been examined b y the Federal Reserve
Bank of Chicago for compliance w i t h the CRA.
The 3 0-day business day period
the bank has to make the evaluation public has lapsed d u r i n g the week ending
June 02, 1995.
If you are interested in obtaining a c o p y of the evaluation
document, please contact the bank(s) directly.
Identification of Ratings
O-An institution in this group has an outstanding r e c o r d of, and is a leader
in,
a s c e r t a i n i n g and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods, in a
manner consistent w i t h its resources and capabilities.
S-An institution in this group has a satisfactory reco r d of ascertaining and
helping to meet the credit needs of its entire d e l i n e a t e d community,
including low- and moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
N I - A n institution in this group needs to improve its overall record of
a s c e r t a i n i n g and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent w i t h its resources and capabilities.
SN-An institution in this group has a substantially deficient record of
a s c e r t a i n i n g 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 N A ME/LOCATION

EXAMINATION DATE

RATINGS

-First State Bank
300 East Main Street
P.0. Box 308
Manchester, Iowa
52057
(319) 927-3814

2/13/95

S

-Cole Taylor Bank
850 West Jackson
Chicago, Illinois
(312) 738-2000

1/23/95

S




60607

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING JUNE 2, 1995

Application

SECTION I • APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
End of Comment Period

None.

Application

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
End of Comment Period

*Section 3(a)(5) application by Simmons First
National Corporation. Pine Bluff, Arkansas,
to acquire DSB Bancshares, Inc., Dermott,
Arkansas.
Change in control notification involving Delta
Bancshares, Inc., Eudora, Arkansas, by Roger and
Vivian Hensley.

Newspaper:

7/1/95

Newspaper:

6/20/95

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
End of Comment Period
None.

*This application is subject to CRA.




FEDERAL RESERVE BANK O F ST. LOUIS
St. Louis, Missouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f meeting community credit needs
An institution in this group has an outstanding record of, and is a leader in, ascertaining and
helping to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record o f meeting community credit needs
An institution in this group has a satisfactory record of ascertaining and helping to meet the
credit needs o f its entire delineated community, including low- and moderate- income
neighborhoods, in a manner consistent with its resources and capabilities.
Needs to improve record o f meeting community credit needs
An institution in this group needs to improve its overall record o f ascertaining and helping to
meet the credit needs o f its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs
An institution in this group has a substantially deficient record o f ascertaining and helping to
meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities.

FOR THE WEEK ENDING

Name of Bank

Bank Address

None.




June 2, 1995

-S

Examination
Date

Examination
Rating

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section I - Applications Subject to
Newspaper Notice Only

Comment Period
Ending Date

Application
NONE.

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

Application
Northern Plains Investment, Inc.
Jamestown, ND, to increase
its indirect control to 40.02% of the
voting shares of Stutsman County
State Bank, Jamestown, ND

Not yet available

^Subject to CRA

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

Application
Community National Corporation,
Grand Forks, North Dakota, to
engage de novo in data processing
activities, through Document
Processing and Imaging Corporation,
Grand Forks, ND

Not yet available

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




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending June 2 , 1995

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
First State Bank of Malta
P.0. Box 910
Malta, MT 59538-0910
(406) 654-2763




DATE OF EXAMINATION
February 27, 1995

CRA RATING
Satisfactory

Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

The Jackson State Bank, Jackson Wyoming, for prior
approval to establish a branch facility at 4010 West
Lake Creek Drive, Suite 102, The Aspens
Commercial Area, Teton County, Wyoming

Not Available

Wyoming Bank and Trust Company, Buffalo,
Wyoming, for prior approval to become a member of
the Federal Reserve System.

Not Available

Bank of Jackson Hole, Jackson, Wyoming, for prior
approval to establish a branch facility at
3523 N. Moose/Wilson Road, Teton County,
Wyoming.

Not Available

First State Bank of Taos, Taos, New Mexico, for
prior approval to merge with First Bank of Grants,
Grants, New Mexico.

Not Available

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

COMMENT PERIOD ENDING DATE

First State Bancorporation, Albuquerque, New
Mexico, for prior approval to acquire 100 percent of
the voting shares of First Bank of Grants, Grants,
New Mexico.

Not Available

Lisco State Company, Lisco, Nebraska, for prior
approval to acquire 94.56 percent of the outstanding
common stock of Woodstock Land & Cattle
Company, Fullerton, Nebraska.

Not Available

Guaranty Bancshares, Inc., Oklahoma City,
Oklahoma, for prior approval to acquire 100 percent
of the voting shares of First Oklahoma Finance
Company, Inc., Bethany, Oklahoma, thereby to
engage directly or indirectly in certain nonbanking
activities.

Not Available




Federal Reserve Bank of Kansas City

Pony Express Bancorp, Inc., Elwood, Kansas, for
prior approval to acquire 100 percent of the voting
shares of Farmers State Bank, Lucas, Kansas.

Not Available

First State Bancorp, Inc., Woodward, Oklahoma, for
prior approval to become a bank holding company
through the acquisition of 100 percent of the voting
shares of First State Bank, Woodward, Oklahoma.

Not Available

John R. Suderman and Gwen Suderman, Newton,
Kansas, to acquire an additional 14.00 percent and
James H. Suderman and Francis G. Suderman,
Newton, Kansas, to acquire an additional 14.00
percent of the voting shares of Midland Financial
Corporation, Newton, Kansas.

Not Available

Equity Bancshares, Inc., Mulhall, Oklahoma, for
prior approval to become a bank holding company
through the acquisition of 96.6 percent of the
outstanding voting shares of Oklahoma State Bank,
Mulhall, Oklahoma.

Not Available

Thomas H. Olson to acquire 182 additional shares
and Lisco State Company, Lisco, Nebraska, to
acquire 2,126 shares for a total of 94.56 percent in
Woodstock Land & Cattle Company, Fullerton,
Nebraska.

Not Available

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

None.

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
Woodstock Land & Cattle Company, Fullerton,
Nebraska, for prior approval to redeem 3,752 shares
of its own voting common stock.




Not Available

Federal Reserve Bank of Kansas City

Adrian Bancshares, Inc., Adrian, Missouri, for prior
approval to redeem 613 shares of its own voting
common stock.

Not Available

Farmers State Bancshares of Andrew County, Inc.,
Savannah, Missouri, for prior approval to repurchase
1,001.5 shares so its outstanding common stock.

Not Available

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification of Ratings
In connection with the assessment of each insured depository institution’s CRA performance, a
rating is assigned from the following groups:

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

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

Needs to improve record of meeting community credit needs
An institution in this group needs to improve its overall record of ascertaining and
helping to meet the credit needs of its entire delineated community, including low- and
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 moderateincome neighborhoods, in a manner consistent with its resources and capabilities.

Bank/Location
None.
*Application is subject to CRA.




Exam Date

CRA Public
Date

CRA
Rating

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF MAY 29, 1995

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

None.

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

** NOTICE EXP

♦Section 3(a)(1) application by
Keene Bancorp, Inc., 401(k) Employee Stock Ownership
Plan & Trust, Keene, TX, to acquire Keene Bancorp, Inc.,
Keene, TX, First State Bank, Keene, TX, and Itasca State
Bank, Itasca, TX
(Previously reported during the week of 5-1-95)
♦Section 3(a)(1) application by
Trenton Bankshares, Inc., Trenton, TX, to acquire First
National Bank of Trenton, Trenton, TX

95/06/23

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
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 HAY 29. 1995

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

CRA Ratinq

State Bank & Trust Company
P. 0. Box 649
Guadalupe & Hutchinson
San Marcos, Texas 78667-0649

95/02/27

Satisfactory




FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 6/02/95
Section I - Applications Sub.iect to Newspaper Notice Only
Application

Comment Period Ending Date

First Interstate Bank of California, Los Angeles,
California, to establish a branch office at
4012 Grand Avenue, Suite A, Chino, California. *

Newspaper:

6/26/95

Section II - Applications Sub.iect to Both
Newspaper and Federal Register Notice
Michael J. Corliss, Sumner, Washington, to
acquire 14.10 percent of Valley Bancorporation,
Sumner, Washington. *

Newspaper:

6/17/95

Fed. Reg.:

6/09/95

Robert G. Sarver, Scottsdale, Arizona, et. al.,
to acquire Bancomer Holding Company, Los Angeles,
California, which owns Grossmont Bank, La Mesa,
California. *

Newspaper:

Not available

Fed. Reg.:

Not available

Section III -Applications Subject to Federal Register Only
None

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

* Subject to CRA.



FEDERAL RESERVE BANK OF SAN FRANCISCO ( c o n t ' d . )

Week ending 6/02/95
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during the week
ending June 2, 1995. Information about a particular institution’s CRA evaluation
may be obtained directly from the institution.
Institution

Location

Examination Date

Rating*

None

♦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.

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




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