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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1992, No. 23
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending June 6, 1992

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
HSBC Holdings PLC, London, England — temporary
authority to acquire Midland Bank pic, and engage
in certain nonbanking activities in the United
States.
Granted, June 3, 1992.
Shorebank Corporation, Chicago, Illinois -- to engage
in community development activities through North
Coast BIDCO, Inc., Marquette, Michigan, and the
Northern Economic Initiatives Corporation.
Approved, June 1, 1992.
BANK MERGERS
Manufacturers and Traders Trust Company, Buffalo, New
York — to merge with Central Trust Company,
Rochester, New York, and Endicott Trust Company,
Endicott, New York.
Approved, June 1, 1992.
ENFORCEMENT




First Pacific Bancorp, Inc., Beverly Hills,
California — orders of assessment against Janice
J. France and Richard A. Palmer.
Announced, June 4, 1992.
Greater Chicago Financial Corporation, Chicago,
Illinois — orders of assessment of a civil money
penalty against Greater Chicago, and Sam Scott,
president of Greater Chicago.
Announced, June 4, 1992.

H. 2
JUNE 1, 1992
PAGE 2

TO

JUNE 5,

1992

ACTIO N S 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
Dallas

Bank of The West, El Paso, Texas —
branch at 8340 Gateway East.
Approved, June 4, 1992.

Dallas

Bank of The West, El Paso, Texas — to establish a
branch at 6700 North Mesa Street.
Approved, June 4, 1992.

Atlanta

Metro Bank, Atlanta, Georgia — to establish a
limited - service branch to be known as Embassy
Row, at 6600 Peachtree Dunwoody Road, Building 400,
Suite 210.
Approved, June 5, 1992.

to establish a

BANK HOLDING COMPANIES




Richmond

Allied Bank Capital, Inc., Sanford, North Carolina —
to acquire Summit Savings Bank, FSB.
Approved, June 4, 1992.

Kansas City

Arlington State Banc Holding Company, Arlington,
Nebraska — to acquire Arlington State Bank.
Approved, June 3, 1992.

Dallas

Baylor Bancshares, Inc., Seymour, Texas — to acquire
The First National Bank in Whitney, Whitney, Texas.
Approved, June 4, 1992.

Kansas -ity

Brooke Holdings, Inc., Jewell, Kansas — to acquire
the insurance agency assets of Ross Olson and
Associates, Inc., Concordia, Kansas.
Approved, June 3, 1992.

GC

Citizens Investment Co., Inc., Glenville, Minnesota - control determination relating to the sale of
Frost State Bank, Frost, Minnesota.
Granted, June 1, 1992.

Richmond

City Holding Company, Charleston, West Virginia — to
acquire Blue Ridge Bank, Inc., Martinsburg, West
Virginia.
Approved, June 5, 1992.

H .2
JUNE 1, 1992
PAGE 3

TO

JUNE 5,

1992

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

BANK HOLDING COMPANIES




Atlanta

Community Trust Financial Services Corporation,
Hiram, Georgia — to engage de novo in real estate
and personal property appraising activities through
Metroplex Appraisals, Inc.
Permitted, June 3, 1992.

Chicago

First Midwest Bancorp, Inc., Naperville, Illinois —
to engage in lending activities.
Returned, June 4, 1992.

Kansas City

Fourth Financial Corporation, Wichita, Kansas — to
acquire KNB Bancshares, Inc., Prairie Village,
Kansas, and Kansas National Bank and Trust Company.
Returned, June 3, 1992.

Kansas City

MidAmerican Corporation, Shawnee Mission, Kansas —
to acquire Jayhawk Bancshares, Inc.
Approved, June 1, 1992.

Chicago

Park Bancorporation, Inc., Madison, Wisconsin -- to
form a community development corporation through
The Park Bank Community Investment Corporation.
Returned, June 4, 1992.

Kansas City

Rio Blanco Holding Company, Rangeley, Colorado —
acquire Rio Blanco State Bank.
Returned, June 3, 1992.

S t . Louis

South Central Bancshares, Inc., Russellville,
Kentucky — to acquire First Midwest Bancshares,
Inc., Princeton, Kentucky, and First Bank and Trust
Company.
Approved, June 2, 1992.

Chicago

Story Bancorporation, Jewell, Iowa — to acquire
Viking Village Company, L.P., and provide housing
for low and moderate income families.
Returned, June 4, 1992.

Richmond

Triangle Bancorp, Inc., Raleigh, North Carolina —
extension to acquire Triangle Bank and Trust
Company.
Approved, June 5, 1992.

to

H. 2
JUNE 1, 1992
PAGE 4

TO

JUNE 5,

1992

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

BANK HOLDING COMPANIES
Atlanta

Vidalia Bankshares, Inc., Vidalia, Georgia —
acquire Brice Banking Company, Inc.
Approved, June 2, 1992.

to

BANK MERGERS
Kansas City

Rio Blanco State Bank, Rangley, Colorado —
with Bank of Rangley.
Returned, June 3, 1992.

to merge

BANK PREMISES
Chicago

Bank One, Springfield, Springfield, Illinois -investment in bank premises.
Approved, June 2, 1992.

Cleveland

Castalia Banking Company, Castalia, Ohio —
investment in bank premises.
Approved, June 5, 1992.

Chicago

First Illini Bank, Galesburg, Illinois —
in bank premises.
Approved, June 3, 1992.

Chicago

First State Bank of Maple Park, Maple Park,
Illinois — investment in bank premises.
Approved, June 2, 1992.

New York

United Jersey Bank, Hackensack, New Jersey —
investment in bank premises.
Approved, June 5, 1992.

investment

CAPITAL STOCK




Minneapolis

Edgeley Bancorporation, Inc., Arden Hills,
Minnesota — redemption of shares.
Approved, June 5, 1992.

Chicago

Overton Bank Shares, Inc., Mondamin, Iowa —
redemption of shares.
Returned, June 5, 1992.

H .2
JUNE 1, 1992
PAGE 5

TO

JUNE 5,

1992

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

CHANGE IN BANK CONTROL
Dallas

Metroplex Bancshares, Inc., Dallas, Texas —
in bank control.
Permitted, June 5, 1992.

change

Chicago

Overton Bank Shares, Inc., Mondamin, Iowa —
in bank control.
Returned, June 5, 1992.

change

COMPETITIVE FACTORS REPORTS




Atlanta

Farmers and Merchants Bank of Irwin County, Ocilla,
Georgia — proposed purchase of certain assets and
assumption of the deposit liabilities of the
Ocilla, Georgia, branch of Trust Company Bank of
South Georgia, N.A., Albany, Georgia — report on
compet it ive factors.
Submitted, June 3, 1992.

St. Louis

First Bank of Illinois, 0 TFallon, Illinois, proposed
acquisition of the assets and assumption of the
liabilities of the Vandalia, Illinois, branch of
First Bank, A Savings Bank, Clayton, Missouri —
report on competitive factors.
Submitted, June 3, 1992.

Atlanta

First National Bank of Lake Park, Lake Park, Florida,
proposed merger with Park Interim National Bank —
report on competitive factors.
Submitted, June 2, 1992.

Atlanta

Peach State Bank, Riverdale, Georgia, proposed merger
with Interim Peach Corporation — report on
compet it ive factors.
Submitted, June 1, 1992.

H .2
JUNE 1, 1992
PAGE 6

TO

JUNE 5,

1992

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

COMPETITIVE FACTORS REPORTS
San Francisco

Quaker City Federal Savings and Loan Association,
Whittier, California, proposed purchase of assets
and assumption of liabilities of the Brea and La
Mirada branches of Union Federal Bank, A Federal
Savings Bank, Brea, California — report on
competitive factors.
Submitted, June 2, 1992.

New York

State Bank of Long Island, , New Hyde Park, New York,
proposed acquisition of certain assets and
assumption of certain liabilities of North Side
Savings Bank, Bronx, New York, and The Dime Savings
Bank of Williamsburgh, Brooklyn, New York — report
on competitive factors.
Submitted, June 5, 1992.

Atlanta

Tomoka State Bank, Ormond Beach, Florida, proposed
merger with Tomoka Interim Bank -- report on
competit ive factors.
Submitted, June 1, 1992.

Director, FRBO

Federal Reserve notes —
the fiscal year 1992.
Approved, June T, 1992.

CURRENCY
revised printing order for

EXTENSIONS OF TIME




San Francisco

BankAmerica Corporation, San Francisco, California extension to divest certain property.
Granted, June 5, 1992.

San Francisco

BankAmerica Corporation, San Francisco, California extension to divest certain property.
Granted, June 5, 1992.

Atlanta

Bradley County Financial Corporation, Cleveland,
Tennessee — extension to September 3, 1992, to
redeem shares.
Granted, June 3, 1992.

H .2
JUNE 1, 1992
PAGE 7

TO

JUNE 5,

1992

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

EXTENSIONS OF TIME
Atlanta

Browning Partners International, Inc., Miami, Florida
— extension to September 19, 1992, to acquire CJH
Browning Bank.
Granted, June 5, 1992.

Richmond

DNB Financial Corporation, Mullins, South Carolina —
extension to June 30, 1992, to acquire Davis
National Bank.
Granted, June 1, 1992.

San Francisco

First Security Corporation, Salt Lake City, Utah —
extension to August 29, 1992, to acquire BHC
Holding, Inc., Philadelphia, Pennsylvania.
Granted, June 2, 1992.

San Francisco

Wells Fargo & Company, San Francisco, California —
extension to divest certain property.
Granted, June 5, 1992.

St. Louis

First Bank of Arkansas, Russellville, Arkansas — to
become a member of the Federal Reserve System, and
to establish branches.
Approved, June 4, 1992.

MEMBERSHIP

RESERVE BANK OPERATIONS




Director FRBO

Federal Reserve Bank of New York — to purchase
computer equipment for check processing.
Approved, June 1, 1992.

H. 2

ADDITIONS AND CORRECTIONS

JUNE 1 1 9 TO JUNE 5 1 9
, 92
, 92
PAGE 8
ACTIONS TAKEN BY THE BOARD OF GOVERNORS

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

RANK HOLDING COMPANIES
Atlanta

Community Bancshares, Inc., Blountsville, Alabama —
to acquire City and County Bank of McMinn County,
Athens > Tennessee.
Withdrawn, May 22, 1992.

REGULATIONS AND POLICIES




Secretary

Regulations B, C, E, M, Z, and AA — technical
amendments to consumer regulations to implement the
Foreign Bank Supervision Enhancement Act of 1991,
and Subtitle A of* Title II of the Federal Deposit
Insurance Corporation Improvement Act of 1991.
Approved, May 7, 1992.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS

SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Application

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

Application

Comment Period Ending Date
NONE
SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY

Application

Comment Period Ending Date
NONE
SECTION IV - APPLICATIONS NOT SUBJECT TO
FEDERAL REGISTER OR NEWSPAPER NOTICE

Application
NONE

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

Examination Date
NONE

♦Subject to CRA




Rating**

"N"

F e d e r a l R e s e r v e B a n k o f New Y o r k

Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
___________ Notice Only___________
Gateway State Bank, Staten Island, New York to establish
a branch at 1874 86th Street, Brooklyn, New York.l/

6/30/92

United Jersey Bank, Hackensack, New Jersey to establish
an offsite electronic facility at Paramus Park Mall,
Paramus, New Jersey.1/

7/3/92

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

SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
Bankers Trust New York Corporation, New York, New York to
engage in community development activities with respect to
qualified low income housing improvement projects and
related commercial facilities through a limited partnership
investment in New York Equity Fund 1992 Limited Partnership.
Commerzbank Aktiengesellschaft, Frankfurt am Main,
Federal Republic of Germany, to engage through CB Clearing,
Inc., Chicago, Illinois in the clearance of orders to
purchase and sell futures and options on futures executed
by it and the acceptance and clearance of preauthorized
orders executed by preapproved execution groups with
respect to certain contracts on futures and options on
futures.

N/A

6/22/92

SECTION IV
Applications Not Involving
_____ Public Comment______
None.
SECTION V
Availability of CRA Public Evaluations
In connection with the assessment of each insured depository institution's
CRA performance, a rating is assigned from the following group:
Outstanding record of meeting community credit needs.




An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record
of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record
of ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate- income neighbor­
hoods, in a manner consistent with its resources and capabilities.
Week Ending June 6. 1992
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 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
Comment Period Ending Date
None.

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Comment Period Ending Date
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 5. 1992.
Identification of Ratings
In connection with the assessment of each insured depository
performance, a rating is assigned from the following groups:

institution's

CRA

Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining and helping
to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascertaining
and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascertaining
and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Bank/Location
Commonwealth State Bank
3 Friends Lane
Newtown, PA 18940
(215) 860-4200




Examination Date
2/25/92

CRA Rating
Satisfactory

Federal

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

Applications Bulletin
For Week Ending June 6, 1992

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
Received application from Fifth Third
* June 11, 1992
Bank, Columbus,Ohio, on May 12, 1992,
for permission to establish CBCT branches
at 1661 Hilliard-Rome Road, 146 City
Center Drive #2, and 1980 North High Street,
all in Columbus, Ohio.

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
NONE
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Received
from Mid
Ohio, on
Bancorp,

Section 4 ( c ) (8) application
Am, Inc., Bowling Green,
June 3, 1992, to acquire Ultra
Xenia, Ohio.

Received Section 4 ( c ) (8) notification
from Mellon Bank Corporation, Pittsburgh,
Pennsylvania, on June 4, 1992, to engage
in providing investment or financial
advice, providing foreign exchange and
transactional services, and providing
investment advice on financial futures
and options on futures to clients throughout
the world pursuant to Sections 225.25(b)(4),
(b)(17), and (b)(19) of Regulation Y
throv v its - ^oidiary, Pareto Partners.
’

*
N
F
#

-

* Not Yet Known #

Not Yet Known #

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







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

Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

First Virginia Bank-Maryland, Upper
Marlboro, Maryland, to establish a
branch at 10264 Southern Maryland
Boulevard, Dunkirk, Maryland.*

6-20-92

Bank of Hampton Roads, Chesapeake,
Virginia, to merge with Coastal
Virginia Bank, Virginia Beach,
Virginia.*

7-3-92

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

Comment Period Ending Date

None.

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

None.

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

*Application is subject to CRA requirements.



Comment Period Ending Date

Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations
Week ending June 5, 1992

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

First Virginia Bank
6400 Arlington Boulevard
Falls Church, Virginia 22046

2-18-92

Satisfactory

First Virginia Bank - Colonial
700 East Main Street
Richmond, Virginia 23219

2-18-92

Satisfactory

First Virginia Bank-Piedmont
7901 Timberlake Road
Lynchburg, Virginia 24502

2-24-92

Satisfactory

First Virginia Bank-Clinch Valley
501 Railroad Avenue
Richlands, Virginia 24641

2-25-92

Satisfactory

3-2-92

Satisfactory

First Virginia Bank - Commonwealth
4360 George Washington Highway
Grafton, Virginia 23692-2791




Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations
Week ending June 5, 1992--contd.

Examination
Date____

Rating

First Virginia Bank-Mountain Empire
Cummings Street
Abingdon, Virginia 24210

3-3-92

Satisfactory

First Virginia Bank-Southside
200 Main Street
Farmville, Virginia 23901

3-4-92

Satisfactory

First Virginia Bank - Highlands
450 West Main Street
Covington, Virginia 24426

3-9-92

Satisfactory

First Virginia Bank-Southwest
6625 Williamson Road, N.W.
Roanoke, Virginia 24019

3-9-92

Satisfactory

First Virginia Bank - Franklin County
228 Franklin Street
Rocky Mount, Virginia 24151

3-16-92

Satisfactory

First Virginia Bank of Augusta
125 North Central Avenue
Staunton, Virginia 24401

3-16-92

Satisfactory

First Virginia Bank - Shenandoah Valley
200 North Main Street
Woodstock, Virginia 22664

3-16-92

Satisfactory

First Virginia Bank - South Hill
111 East Danville Street
South Hill, Virginia 23970

3-18-92

Satisfactory

First Virginia Bank - Planters
111 North Main Street
Bridgewater, Virginia 22812

3-19-92

Satisfactory

First Virginia Bank of Tidewater
555 Main Street
Norfolk, Virginia 23510

3-23-92

Satisfactory

First Virginia Bank-Central
120 Seminole Square
Charlottesville, Virginia 22906

3-27-92

Satisfactory




F e d e r a l R e s e r v e B a n k of A t l a n t a
A p p l i cations B u l l e t i n for W e e k E nding June

5.

1 992

Section 1 - Applications Subject to Newspaper Notice Only-

Application

Comment Period Ending Date

Mega Bank
Miami, Florida
To establish a branch to be known
as North Miami Beach Office, located
at 18999 Biscayne Boulevard, North
Miami Beach, Florida.

07-10-92*

Trust Company Bank
Atlanta, Georgia
To establish a branch office to be known
as Steve Reynolds Boulevard Office,
located at 1100 Hampton Green, Duluth,
Georgia, originally published as 700
Hampton Green, Duluth, Georgia.
Application was approved on 02-14-92.

07-12-92*

NationsBank of Tennessee
Nashville, Tennessee
To establish a remote full-service ATM,
located at 4025 Viscount, Memphis, Tennessee.

06-15-92*

Section 2 - Applications Subject To Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

SouthTrust Corporation
Birmingham, Alabama
Along with SouthTrust of South Carolina,
Inc., Charleston, South Carolina, to
acquire Carolina Financial Corporation,
Charleston, South Carolina, and thereby
indirectly acquire its thrift subsidiary,
Home Federal Savings Bank, Charleston,
South Carolina, pursuant to Section 5 ( d ) (3)
of the Federal Deposit Insurance Act, as
amended by the Federal Deposit Insurance
Corporation Improvement Act of 1991.

♦Subject




to pr o v i s i o n s

of

Not yet available*

t h e C o m m u n i t y R e i n v e s t m e n t Act.

F e d e r a l R e s e r v e B a n k of A t l a n t a
A p p l i c a t i o n s B u lletin for W e e k E nding June

5.

1992

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

Application

Comment Period Ending Date

Orange Banking Corporation
Orlando, Florida
Change in control notice by John H. Day,
Susan Day, and EGP, Inc. to retain 9.02
percent of Corporation and to acquire
an additional 6.90 percent of Corporation.
Acquisition will increase total collective
ownership to 29.99 percent.

06-24-92*

Tomoka Bancorp, Inc.
Ormond Beach, Florida
1-BHC formation, Tomoka State Bank,
Ormond Beach, Florida.

06-29-92*

Bank Corporation of Georgia
Macon, Georgia
To acquire First South Bank of Ben Hill
County, N.A., Fitzgerald, Georgia (in
organization).

Not yet available*

Bank Corporation of Georgia
Not yet available*
Macon, Georgia
To acquire First South Bank of Jones
County, N.A., Gray, Georgia (in organization).
Bank Corporation of Georgia
Not yet available*
Macon, Georgia
To acquire First South Bank of Coweta
County, N.A., Newnan, Georgia (in organization).
First Farmers & Merchants Corporation
Columbia, Tennessee
To acquire the Chapel Hill, Tennessee
branch of Cavalry Banking, FSB,
Murfreesboro, Tennessee, and then merge
it into its sub idiary, First Farmers &
National Bank of Columbia, Columbia,
Tennessee, pursuant to Section 5 ( d ) (3)
of the Federal Deposit Insurance Act, as
amended by the Federal Deposit Insurance
Corporation Improvement Act of 1991.

♦Subject




to p r o v isions

of

06-22-92*

t h e C o m m u n i t y R e i n v e s t m e n t Act.

F e d e r a l R e s e r v e B a n k of A t l a n t a
App l i c a t i o n s B u l l e t i n for W e e k Ending June

5.

1992

Section 2 - Applications Subject To Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

Wilson Bank Holding Company
Lebanon, Tennessee
1-BHC formation, Wilson Bank & Trust,
Lebanon, Tennessee.

Not yet available*

Section 3 - Applications Subject to Federal Register Notice Only
Application

Comment Period Ending Date

Barnett Banks, Inc.
Jacksonville, Florida
To engage de novo in leasing and acting
as agent, broker, or advisor in leasing,
real or personal property, pursuant to
Section 225.25(b)(5)(i) & (vi) of Regulation Y.

06-22-92

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
none.

♦Subject




to pro v i s i o n s

of

t h e C o m m u n i t y R e i n v e s t m e n t A ct.

F e d e r a l R e s e r v e B a n k of A t l a n t a
Applications B ulletin for W e e k Ending June

5.

1992

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
None.




Rating

Date

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

TYE§.

Applic a t i o n

Comment Period
Ending Date

Branch

First B a n k N o r t h
F r e e p o r t , Illinois
2 4 7 0 E a s t r o c k D rive
R o c k f o r d , Illinois*

N

- 6-15-92

Branch

Hawkeye Bank & Trust of Des Moines
Des Moines, Iowa

N

- **

3501 N.W. 86th Street
Urbandale, Iowa*
Merger/
Branches/
O akar

O l d Kent B a n k and Trust Company
G r a n d Rapids, Michigan
Great Lak e s Bancorp, F.S.B.
A n n Arbor, M i c h i g a n
201 S. Washington Square
Lansing, M i c h i g a n
2380 N. Cedar, Suite 2
Holt, M i c h i g a n
303 A b bott R o a d
East Lansing, Michigan
4990 M a r s h R o a d
Okemos, M i c h i g a n
6334 W. S a g i n a w Street
Lansing, M i c higan*

N

- 4-3-92

Oakar

O l d Kent Financial Corporation
Gra n d Rapids, Michigan
5 bran c h e s b f Great Lakes Bancorp, F S B
A n n Arbor, Michigan*

N

- 4-3-92

Branches

H a r r i s B a n k St, Charles
St, Charles, Illinois
2 contractual branches at Harris B a n k
Batavia, N.A., Batavia, Illinois
3 contractual branches at Harris Trust
and Savings Bank, Chicago, Illinois
4 contractual branches at Harris B a n k
Barrington, N . A . , Barrington, I l l inois
4 contractual branches at Harris B a n k
Roselle, Roselle, Illinois
5 contractual branches at Harris B a n k
Naperville, Naperville, Illinois*

N

- **




Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only
(continued )
Comment Period
Ending Date

Type

Application

Branches

N
- **
N B D B a n k Bloomingdale
Bloomingdale, Illinois
1 contractual branch at N B D B a n k Lemont
Lemont, Illinois
1 contractual branch at N B D B a n k M ount
Prospect - Co u n t r y s i d e , Mou n t Prospect
Illinois
1 contractual branch at N B D B a n k
Woodridge, Woodridge, Illinois
1 contractual branch at N B D E l k Grove
Bank, Elk Grove Village, Illinois
1 contractual branch at N B D Glenb r o o k B a n k
Glenview, Illinois
1 contractual branch at N B D N o r t h f i e l d B a n k
Northfield, Illinois
1 contractual branch at N B D P a r k Ridge
P a r k Ridge, Illinois
2 contractual b ranches at N B D B a n k Evanston, N.A.
Evanston, Illinois
2 contractual branches at N B D B a n k Lake Zurich, N . A
L a k e Zurich, Illinois
2 contractual branches at N B D C hicago B a n k
Chicago, Illinois
2 contractual branches at N B D Skokie Bank, N.A.




Skokie, Illinois
2 contractual branches at N B D
Wheaton, Illinois
2 contractual branches at N B D
W i n f i e l d , Illinois
3 contractual branches at N B D
Arlington Heights, Illinois
3 contractual branches at N B D
H ighland Park, Illinois
3 contractual branches at N B D
Schaumburg, Illinois
4 contractual b ranches at N B D
Mt. Prospect, Illinois
contractual branches at N B D
Elgin, Illinois*

7

Wheaton B a n k
Winf i e l d B a n k
Arlington Heights Ban k
H i g h l a n d P a r k Bank, N.A.
Woodf i e l d B a n k
B a n k M o u n t Prospect, N.A.
B a n k Elgin, N.A.

Federal Reserve Bank of Chicago
Section I - A p p lications Subject to N e w s p a p e r
N o tice Only
fcontinued

)

Comment Period
Ending Date

Type

Application

Branches

N
- **
N B D Glenbrook B a n k
Glenview, I l l i n o i s , Illinois
1 contractual branch at N B D Bank
B l o o m i n g d a l e , Bloomingdale, Illinois
1 contractual bran c h at N B D Bank Lemont
Lemont, Illinois
1 contractual branch at N B D Bank M ount
Prospect - Countryside, Mount Prospect
Illinois
1 contractual b r anch at NBD B ank
Woodridge, Woodridge, Illinois
1 contractual branch at N B D Elk Grove
Bank, E l k Grove Village, Illinois
1 contractual branch at N B D Glenbrook B a n k
Glenview, Illinois
1 contractual branch at NBD N o r t hfield B a n k
Northfield, Illinois
1 contractual branch at NBD Park R idge
P a r k Ridge, Illinois
2 contractual branches at N B D B ank Evanston, N.A.
Evanston, Illinois
2 contractual branches at NBD Bank L a k e Zurich, N.A
Lake Zurich, Illinois
2 contractual branches at NBD Chicago B a n k
Chicago, Illinois
2 contractual branches at NBD Skokie Bank, N.A.
Skokie, Illinois
2 contractual branches at N B D Wheaton B a n k
Wheaton, Illinois
2 contractual branches at NBD Winfield B a n k
Winfield, Illinois
3 contractual branches at NBD Arlin g t o n H e i g h t s Bank
A r l i n g t o n Heights, Illinois
3 contractual branches at N B D H i g h l a n d P a r k Bank, N.A.
H i g h l a n d Park, Illinois
3 contractual branches at N B D Woodfield B a n k
Schaumburg, Illinois
4 contractual branches at N B D Bank M o u n t Prospect, N.A.
Mt. Prospect, Illinois
7 contractual b.
-:hes at N B D Bank Elgin, N.A.
Elgin, Illinois*




Federal Reserve Bank of Chicago
Section I

-

Applications Subject to Newspaper
Notice Only
(continued)
Comment Period
Ending Date

Type

Application

Branches

N
- **
N B D P a r k Ridge Bank
P a r k R i d g e , Illinois, Illinois
1 contractual branch at N B D B a n k
B l o o m i n g d a l e , B l o o m i n g d a l e , Illinois
1 contractual branch at N B D B a n k Lemont
L e m o n t , Illinois
1 contractual branch at N B D B a n k M o u n t
Prospect - Countryside, Mo u n t Prospect
Illinois
1 contractual branch at N B D B a n k
Woodridge, Woodridge, Illinois
1 contractual branch at N B D E l k Grove
Bank, Elk Grove Village, Illinois
1 contractual branch at N B D Glenbrook B a n k
Glenview, Illinois
1 contractual branch at N B D N o r t h f i e l d B a n k
Northfield, Illinois
2 contractual branches at N B D B a n k Evanston, N.A.
Evanston, Illinois
2 contractual branches at N B D B a n k L a k e Zurich, N . A
L a k e Zurich, Illinois
2 contractual branches at N B D C h icago B a n k
Chicago, Illinois
2 contractual branches at N B D Skokie Bank, N.A.
Skokie, Illinois
2 contractual branches at N B D Wheaton B a n k
Wheaton, Illinois
2 contractual branches at N B D Win f i e l d B a n k
Winfield, Illinois
3 contractual branches at N B D A r l i n g t o n H eights B a n k
A r l i ngton Heights, Illinois
3 contractual branches at N B D H i g h l a n d P a r k Bank, N.A.
Hig h l a n d Park, Illinois
3 contractual branches at N B D Woodfield B a n k
Schaumburg, Illinois
4 contractual branches at N B D B a n k Mou n t Prospect, N.A.
Mt. Prospect, Illinois
7 contractual branches at N B D B a n k Elgin, N.A.
Elgin, Illinois*

EFT

Fir s t of America B a n k Michigan
G r a n d Rapids, Michigan
Locks Star Theater, 3000 A l p i n e A v e n u e N W
Gra n d Rapids, Michigan*




W est

N

- 6-8-92

Type

Section II - A p p l i c a t i o n s Subject to Both N e w s p a p e r a n d Federal
Register Notice
Comment Period
Ending Date
Application

Y-l

IBC B a n c o r p , Inc.
Chicago, Illinois
International B a n k of Chicago
Chicago, Illinois (in organization)*

FR N
-

Y-2/Oakar

Commercial National Financial C o r p o ration
Ithaca, M i c higan
Greenville, Michigan branch of Great
Lakes Bancorp, FSB
A n n Arbor, Michigan*

FR - **
N
- 5-25-92

Y-l

Bancentral Corporation
Champaign, Illinois
S i n g e r & Associates, Inc.
Mattoon, Illinois
Central National Bank of Mattoon
Mattoon, Illinois*

FR
6-15-92
N
- 6-3-92

Y-l

Cascade B a n c o r I, Inc.
Cascade, Wisconsin
C a scade Bancorporation, Inc.
Altoona, Iowa
State B a n k o f Cascade
Cascade, Wisconsin*

FR - 6-22-92
N
- **

Y-l

Jon e s Bancorp, Inc.
Marcellus, M i c higan
G.W. Jones Exchange Bank
Marcellus, Michigan*

FR - 6-26-92
N
- **

Y-2

F.W.S.F. Corporation
Milwaukee, Wisconsin
Geneva Capital Corporation
L a k e Geneva, Wisconsin
Citizens National Bank of Lake Geneva
L a k e Geneva, Wisconsin*

FR - 6-12-92
N
- 6-14-92

Y-2

F i r s t a r Corporation
Milwaukee, Wisconsin
Geneva Capital Corporation
Lake Geneva, Wisconsin
Citizens National Bank of Lake Geneva
L a k e Geneva, Wisconsin*

FR - 6-12-92
N
- 6-14-92




6-5-92
6-22-92

_

Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only

Type

Application

Y-4

Story County Bancorporation
J e w e l l , Iowa
V i k i n g V i l l a g e Company, L.P.

Comment Period
Ending Date
F R - 6-29-92

Jewell, Iowa
4(c)(8)

Old Kent Financial Corporation
G r a n d Rapids, M i c h i g a n
Grand Rapids Hope Limited Partnership
G r a n d Rapids, M i c h i g a n
Mount M ercy Limited Partnership
G r a n d Rapids, M i c h i g a n

F R - **

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

Application

None

N
FR
*
**

-

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




A V A IL A B IL IT Y 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 05, 1992.
If you are interested in obtaining a copy of the evaluation document, please
contact the bank(s) directly.
Identification of Ratings
O-An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
S-An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
NI-An institution in this group needs to improve its overall record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
SN-An institution in this group has a substantially deficient record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
BANK NAME/LOCATION
-Columbus Junction State Bank
134 Main Street, P.O. Box 271
Columbus Junction, Iowa
52738
(319) 728-2436




EXAMINATION DATE

2/03/92

RATINGS

NS

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING JUNE 5, 1992

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End of Comment Period

None.

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

End of Comment Period

Change in control notification involving Du Quoin
Bancorp, Inc., Du Quoin, Illinois by Vincent J.
Riggio

Newspaper: 6-18-92

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.




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

An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to
meet the credit needs o f its entire delineated community, including lo w - 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 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 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 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.

FOR THE WEEK ENDING

Name of Bank

None




Bank Address

June 5, 1992

Examination
Date

Examination
Rating

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

Application
None.

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

Application
Bigfork Bancshares, Inc.
Bigfork, MN
To acquire 99.2% of the First
State Bank of Bigfork, Bigfork, MN*

6-26-92
(Federal Register)

Bowbells Holding Company
Bowbells, ND
To acquire 100% of the First
National Bank, Minot, ND*

6-26-92
(Federal Register)

Dale Pahlke, Raymond Reich, Stanley
Sayler, Security Bank of Hebron
Profit Sharing Plan & Security In­
surance Services, Inc.
To acquire control of 88.39% of
Hebron Banshares, Inc., Hebron, ND

Not yet available

Conrad N. Freeman
To acquire control of 62.63% of
Morris State Bancorporation, Inc.,
Morris, MN

Not yet available

Section III - Applications Subject
to Federal Register Notice Only

Application
None.

*

Subject to CRA




Comment Period
Ending Date

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 5, 1992
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of,
and is a leader in, ascertaining and helping to meet the
credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its
resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low-and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
BANK (S ) EXAMINED
Security Bank Minnesota
437 Bridge Ave.
P. 0. Box 891
Albert Lea, MN 56007
(507) 373-1481




DATE OF EXAMINATION
February 24, 1992

CRA RATING
Satisfactory

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V

- A v a i l a b i l i t y of

CRA Public Evaluations
week ending June 5, 1992
(continued)
Valley Bank of Ronan
P. 0. Box 129
Ronan, MT 59864
(406) 676-2000

February 18, 1992

Outstanding

American State Bank
700 E. Sioux
P. 0. Box 1178
Pierre, SD 57501
(605) 224-9233

March 3, 1992

Satisfactory

Merchants State Bank
P. 0. Box 399
Freeman, SD 57029
(605) 925-4222

March 2, 1992

Satisfactory




Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION
Friendly Bank of Oklahoma City,
Oklahoma, for prior approval to
establish a branch at 1062 Diebold,
Oklahoma City, Oklahoma

COMMENT PERIOD ENDING DATE
Not Available

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

COMMENT PERIOD ENDING DATE

Healthcare Bancorp, Inc.,
Fayetteville, Arkansas, for prior
approval to become a bank holding
company through the acquisition of
100 percent of the outstanding shares
of Century National Bank of Oklahoma,
Pryor, Oklahoma.

Not Available

Porter Bancshares, Inc., Porter,
Oklahoma, for prior approval to
become a bank holding company through
the acquisition of 100 percent of the
outstanding common stock of the First
National Bank of Porter, Porter,
Oklahoma.

Not Available

Deuel County Interstate Banc Company,
Chappell, Nebraska, for prior
approval to become a bank holding
company through the acquisition of
100 percent of the voting shares of
Deuel County State Bank, Chappell,
Nebraska.

Not Available

Farmers State Bancshares of Andrew
County, Savannah, Missouri, for prior
approval to become a bank holding
company through the acquisition of
80.85 percent of the voting shares of
Farmers State Bank of Rosendale,
Savannah, Missouri.

Not Available

Fred C. and Kellie P. Harlan,
Okmulgee, Oklahoma, for prior
approval to increase their
proportional ownership interests in
First Okmulgee Corporation, Okmulgee,
Oklahoma, by .315 percent to 22.603
percent.

Not Available




Federal Reserve Bank of Kansas City

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION
Deuel County Interstate Banc Company,
Chappell, Nebraska, for prior
approval to acquire 100 percent of
the voting shares of Community
Insurance Agency, Chappell, Nebraska.

COMMENT PERIOD ENDING DATE
Not Available

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
First Tuttle Bancorp, Inc., Tuttle,
Oklahoma, for prior approval to
redeem 2500 shares of its own voting
common stock.

Not Available

Fall River Bankshares, Inc., Fall
River, Kansas, for prior approval to
redeem 1036 shares of its own voting
common stock.

Not Available

BancFirst Corporation, Oklahoma City,
Oklahoma, for prior approval to
redeem 100,000 shares of its Series B
preferred 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 moderateincome 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




Federal Reserve Bank of Kansas City

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

Exam Date

CRA Public
Date

Star Valley State Bank
P.0. Box 8
Afton, WY 83110-0008*

02-24-92

06-01-92

*Application is subject to CRA.




CRA
Rating
Satisfactory

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF JUNE 1, 1992
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
James P. Leake, Dallas, TX, to acquire an interest
in Bandera Bancshares, Inc., Bandera, TX
(Previously reported during the week of 4-20-92)
Change in Control Notice by
James D. Leake, Dallas, TX, to acquire an interest in
Pedernales Investment Corporation, Johnson City, TX
(Previously reported during the week of 4-13-92)
Change in Control Notice by
Larry Rierson and Catherine Rierson, Clovis, NM, to
acquire an interest in Western Bancshares of Clc>vis, Inc.,
Carlsbad, NM

** NOTICE EXP

92/06/10

92/06/10

N/A

♦Section 3(a)(1) application by
U B & T Holding Co., Abilene, TX, to acquire
United Bank & Trust, Abilene, TX

92/06/28

♦Section 3(a)(1) application by
New Mexico National Financial Incorporated, Roswell, NM,
to acquire Western Bancshares of Truth or Consequences, Inc.,
Truth or Consequences, NM; FirstBank, Farmington, Farmington,
NM; and FirstBank of Truth or Consequences, Truth or
Consequences, NM

92/07/02

♦Section 3(a)(1) application by
Roscoe (Delaware), Inc., Wilmington, DE, to acquire
The Roscoe State Bank, Roscoe, TX

92/06/24

♦Section 3(a)(3) application by
Roscoe Financial Corporation, Roscoe, TX, to acquire
Roscoe (Delaware), Inc., Wilmington, DE, and The Roscoe
State Bank, Roscoe, TX

92/06/24




SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

NOTICE EXP

Section 4(c)(8) de novo notification by
Texas Independent Bancshares, Inc., Texas City, TX,
to engage in data processing and data transmission services

N/A

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

* SUBJECT TO CRA.
** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY.
N/A - NOT AVAILABLE AT THIS TIME.




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF JUNE 1, 1992

Outstanding record of meeting community credit needs.
An institution in this group has an outstanding
leader in, ascertaining and helping to meet the
entire
delineated community,
including
lowneighborhoods,
in a manner
consistent with
capabilities.

record of, and is a
credit needs of its
and
moderate-income
its
resources
and

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
ascertaining and helping to
delineated community, including
in a manner consistent with its

need to improve its overall
record of
meet the credit needs of
its entire
low- and moderate-income neighborhoods,
resources and capabilities.

Substantial Noncompliance in meeting community credit needs.
An institution in this group
ascertaining and helping to
delineated community, including
in a manner consistent with its

Bank

has a
substantially deficient record of
meet the credit needs of
its entire
low- and moderate-income neighborhoods,
resources and capabilities.

Date of
Examination

CRA Rating

The First State Bank
P. 0. Box 385
Corner Ann & North St.
Brackettville, TX 78832

92/03/02

Satisfactory

The First State Bank
P. 0. Box 38
125 E. Davilla
Granger, TX 76530

92/03/09

Satisfactory




FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 6/05/92

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

West One Bancorp, Boise, Idaho, and West One
Bancorp, Washington, Bellevue, Washington,
to acquire Yakima Valley Bank, Yakima,
Washington. *

Newspaper:

6/17/92

Fed. Rea.:

6/26/92

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




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

Week ending 6/05/92
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending June 5, 1992.
Information about a particular institution’s
CRA evaluation may be obtained directly from the institution.
Institution

Location

Examination Date

Nevada Community Bank

2925 South Rainbow Blvd.
Las Vegas, NV 89102
Tel: (702) 368-1969

3/09/92

Rating*
Satisfactory

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




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