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ANNOUNCEMENT BY BOARD OF GOVERNORS O F THE FEDERAL RESERVE SYSTEM H.2, 1988, No. 11 Actions of the Board Applications and Reports Received During the Week Biding March 12, 1988 Actions of the Board, Its Staff, and The Reserve Banks. H. 2 No. 11 Statement by Vice Chairman Johnson before the Subcommittee on International Development Institutions and Finance and the Subcoranittee on International Finance, Trade and Monetary Policy of the House Ccumittee on Banking, Finance and Urban Affairs concerning the international debt situation in light of recent developments, March 9, 1988. Boston Peoples Heritage Savings Bank, Portland, Maine, proposed merger with Peoples Heritage Interim Savings Bank — report to the Federal Deposit Insurance Corporation on competitive factors. Boston Fortune Guaranty Savings Bank, Windham, New Hampshire, proposed merger with Fortune Guaranty Interim Savings Bank — report to the Federal Deposit Insurance Corporation on competitive factors. Philadelphia Meridian Bank, Reading, Pennsylvania — to establish an offsite electronic banking facility to be located at the Shop-Rite of Doylestcwn, Bam Plaza, 1745 South Easton Road, Doylestcwn, Pennsylvania. Cleveland Fifth Third Bank of Columbus, Columbus, Ohio — to establish a branch at 1995 West Henderson Road, Upper Arlington, Ohio. Cleveland B / W Bancshares, Inc., Lexington, Kentucky — to acquire Morehead National Bank, Morehead, Kentucky. Richmond Mellon Bank (MD), Bethesda, Maryland — to establish a branch at 3220 Superior Lane, Bowie, Maryland. Richmond Albright Bancorp, Inc., Kingwood, West Virginia — extension to June 11, 1988, to acquire Albright National Bank of Kingwood. Richmond The Commercial Bank of Bluefield, Bluefield, West Virginia, proposed merger with CBB, Inc., Milton, West Virginia — report to the Federal Deposit Insurance Corporation on competitive factors. Richmond Latta Bank & Trust Co., Latta, South Carolina, proposed merger with SouthTrust Bank of Dillon Co. — report to the Federal Deposit Insurance Corporation on competitive factors. Richmond The George Mason Bank, Fairfax, Virginia — to establish a branch at 4221 Walney Road, Chantilly, Virginia. Atlanta Plaza Bank of Miami, Miami, Florida — to establish a branch at 41113-41114 Fisher Island Drive, Fisher Island, Florida. Atlanta BancAlabama, Inc., Huntsville, Alabama — extension to April 13, 1988, to acquire BankAlabama Huntsville. Atlanta National City Financial Group, Inc., Coral Springs, Florida — extension to June 10, 1988, to acquire National City Bank. Atlanta First Union National Bank of Florida, Jacksonville, Florida, proposed merger with Florida Commercial Banks, Inc., Miami, Florida — report to the Comptroller of the Currency on competitive factors. Atlanta West Coast Bancorp, Inc., Cape Coral, Florida — to acquire First National Bank of Southwest Florida. Atlanta First National Bank of the Florida Keys, Marathon, Florida, proposed merger with First Interim National Bank — report to the Comptroller of the Currency on competitive factors. Atlanta West Coast Bank of Sarasota, Sarasota, Florida — to become a member of the Federal Reserve System. Chicago First American Bank Corporation, Elk Grove Village, Illinois — to acquire Midwest Data Pro, Inc., Kansas City, Missouri, and engage in data processing through First American Data Services, Inc. Chicago NBD Bancorp, Inc., Detroit, Michigan — extension to April 18, 1988, to alter nonbanking activities conducted by NBD Securities, Inc., to include the purchase and sale of precious metals. Chicago Commercial National Interim Bank, Alma, Michigan, proposed merger with Conmercial National Bank — report to the Comptroller of the Currency on competitive factors. Chicago Somers Bancorporation, Des Moines, Iowa — to acquire Somers Savings Bank. Chicago Capron Bancorp, Inc., Capron, Illinois — to acquire Capron State Bank. Chicago National Bancshares Waupun, Inc., Waupun, Wisconsin — extension to June 20, 1988, to acquire The National Bank of Waupun. Chicago Madison Financial Corporation, Chicago, Illinois — extension to June 10, 1988, to achieve change in control. Chicago Bankers Trust Company, Des Moines, Iowa — investment in bank premises. St. Louis First State Bank of Red Bud, Red Bud, Illinois — investment in bank premises. St. Louis Owenton Bancorp, Inc. Employee Stock Ownership Trust, Owenton, Kentucky — to acquire Owenton Bancorp. St. Louis United Bank of Collinsville, Collinsville, Illinois, proposed purchase of assets and assumption of liabilities of United Illinois Bank of Troy, Troy, Illinois — report to the Federal Deposit Insurance Corporation on competitive factors. St. Louis Gainesville Bancshares, Inc., Gainesville, Missouri — to engage de novo in insurance agency activities. St. Louis Dixie Bancshares, Inc., Dukedom, Tennessee — to engage de novo in loan activities. St. Louis Homestate Bancorp, Inc., Indianapolis, Indiana — to acquire Salon Bancorp, Inc., Salem, Indiana, and the State Bank of Salon. St. Louis The State Bank of Salem, Salem, Indiana — payment of a dividend. St. Louis County Bancorporation, Inc., Jackson, Missouri — to engage in real estate appraisal and mortgage loan activities. Minneapolis Valley Bancorporation, Inc., Le Sueur, Minnesota — redemption of shares. Minneapolis Stillwater Bancorporation, Inc., Stillwater, Minnesota — change in bank control. Kansas City Independence Financial Corporation, Bellevue, Nebraska — to engage de novo in loan activities through Standard State Mortgage Company. Kansas City Gracemont Bankcorporation, Inc., Gracemont, Oklahoma — to engage de novo in credit related insurance. Kansas City The First National Bank of Omaha, Omaha, Nebraska, proposed merger with First Security Bank and Trust Company, Beatrice, Nebraska — report to the Comptroller of the Currency on competitive factors. Kansas City United Bank of Cherry Creek, N.A., Denver, Colorado, proposed merger with United Bank of University Hills, N.A. — report to the Comptroller of the Currency on competitive factors. Kansas City Pioneer Bancorporation, Inc., Aurora, Colorado — to . acquire City Center National Bank of Aurora. Kansas City Citizens Holding Corporation, Kennesburg, Colorado — redemption of shares. Dallas Fayetteville Bancshares, Inc., Fayetteville, Texas — change in bank control. Dallas Victoria Bank & Trust Company, Victoria, Texas — to establish a branch at 7011 Hallettsville Highway. Dallas Fort Wbrth State Bancshares, Inc., Fort Worth, Texas — to acquire Fort Wbrth State Bank. Dallas MBank Pasadena, N.A., Pasadena, Texas, proposed merger with MBank Houston, N.A., Houston, Texas — report to the Comptroller of the Currency on competitive factors. Dallas Citizens Bank and Trust Company, Baytown, Texas — to merge with First American Bank & Trust of Baytown. Dallas Citizens Bankers, Inc., Baytown, Texas — redemption of shares. San Francisco American Pacific Bancorp, Portland, Oregon — extension to May 25, 1988, to acquire Santiam Valley Bank, Aumsville, Oregon. San Francisco Wells Fargo & Company, San Francisco, California — extension to divest certain property. San Francisco W.T.B. Financial Corporation, Spokane, Washington — extension to June 16, 1988, to begin investment advisory activities through WT Investment Advisors, Inc. San Francisco First Hawaiian, Inc., Honolulu, Hawaii — extension to achieve change in bank control. San Francisco Bancal Tri - State Corporation, San Francisco, California — extension to 4ivest certain property 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 The Boston Bancorp, Boston, Massachusetts - 3(a)(1) application to register as a bank holding company through the retention of South Boston Savings Bank, South Boston, Massachusetts* Newspaper 03- 28-88 Federal Register 04- 01-88 Cheshire Financial Corporation, Keene, New Hampshire - 3(a)(3) application to acquire The Monadnock Bank, Jeffrey, New Hampshire* Newspaper 03-23-88 Federal Realster 03-31-88 Newspaper Eastland Financial Corp., Woonsocket, Rhode Island Federal Register to become a bank holding company through the acquisition of Eastland Savings Bank, Woonsocket, Rhode Island and Eastland Savings Bank to become a bank holding company through the acquisition of Eastland Bank, Woonsocket, Rhode Island * 03-21-88 Home Port Bancorp, Inc., Newspaper Nantucket, Massachusetts to become a bank holding Federal Register company through the acquisition of Nantucket Savings Bank, Nantucket, Massachusetts 04-03-88 •Subject to CRA. 03-31-88 04-06-88 FEDERAL RESERVE BANK OF BOSTON APPLICATIONS SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Application Comment Period Ending Date Bank of Boston Corporation, Federal Register Boston, Massachusetts - 4(c)(8) application to engage novo 1n underwriting and dealing In certain bank eligible and Ineligible securities through BancBoston Securities, Inc. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application None. 03-30-88 Federal Reserve Bank of New York Comment Period Endim Date SECTION I Applications Subject to Newspaper _________ Notice Only________ Norstar Bank of Callicoon, Callicoon, New York to merge with Norstar Bank of Upstate NY, Albany, New York. 1/ 3/21/88 SECTION II Applications Subject to Both Newspaper and Federal Register Notice Home Bancorp, Inc., Brooklyn, New York to become a bank holding company with respect to The Home Savings Bank, Brooklyn, New York. 1/ 4/8/88 3/ SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) Midland Bank PLC, London, England to engage through its subsidiary, Thomas Cook, Inc., in purchasing and selling foreign currency. N/A SECTION IV Applications Not Involving _____Public Comment_____ Norstar Bank of Callicoon, Callicoon, New York to become a member of the Federal Reserve System. 1/ Subject to provisions of Community Reinvestment Act. 2/ Later of dates specified in newspaper and Federal Register notices. 3/ Date specified in newspaper notice; a later date may be specified in the Federal Register notice. N/A - Not Yet Available. FEDERAL RESERVE BANK OF PHILADELPHIA SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date Meridian B a n k . Reading, PA seeks to establish an offsite electronic banking facility at the Thriftway Market, 22nd and Lehigh Avenues, Philadelphia, PA. 4/2/88 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 Ten Independence Mall, Philadelphia, PA 19106,(215) 574-6000 Cleveland Reserve Bank Applications For Week Ending March 12, 1988 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER. NOTICE ONLY APPLICATION Received application from Central Trust Company, Newark, Ohio, for permission to establish a CBCT branch at 512 Milliken Drive, Hebron, Ohio. COMMENT PERIOD ENDING March 24, 1988 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 N - Newspaper carcnent period F - Federal Register comment period 6636B/3, 4 Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Bank of Northern Virginia, Arlington, Virginia, for membership in the Federal Reserve System, 4-4-88 Crestar Bank, Richmond, Virginia, request for permission to establish a branch at Centreville Square Shopping Center, 14200-F Centreville Square, Centreville, Virginia. 4-7-88 Peoples Bank 6f Virginia, Chesterfield, Virginia, request for permission to establish a branch in the Cineplex Odeon Plaza, U. S. Route 360, Midlothian, Virginia. 4-15-88 F&M Bank, Richmond, Virginia, request for permission to establish a branch at the southeast corner of Copper Mill Trace and Broad Street Road, Richmond, Virginia. 4-18-88 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Key Centurion Bancshares, Inc., Charleston, West Virginia, for prior approval to acquire 100% of the voting shares of The National Bank of Commerce of Williamson, Williamson, West Virginia. 4-4-88 Ballston Bancorp, Inc., Arlington, Virginia, for prior approval to become a bank holding company through the acqusition of Bank of Northern Virginia, Arlington, Virginia, a de novo bank. 4-4-88 First United Bancorporation, Anderson, South Carolina, for prior approval to acquire 100% of the voting shares of Spartanburg National Bank, Spartanburg, South Carolina, a de novo bank. 4-7-88 The above applications are subject to the Community Reinvestment Act. Federal Reserve Bank of Richmond Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date First Sun Capital Corporation, Columbia, South Carolina, to engage de novo in full pay-out personal property leasing through its subsidiary, Republic Leasing Corporation, Columbia, South Carolina. The activity would be conducted in North Carolina, South Carolina, and Georgia. Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None ^Expiration of comment period specified in the Federal Register. March 7, 1988 Federal Reserve Bank of Atlanta Applications Bulletin Section 1 - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date City Bank of Tampa 02-17-88 (CRA) Tampa, Florida To establish a branch at 1921 South Dale Mabry, Tampa, Florida 33607 to be known as City Bank of Tampa, South Dale Mabry Office. Sovran Bank 01-22-88 (CRA) Chattanooga, Tennessee To establish a branch at 6951 Lee Highway, Chattanooga, Tennessee 37421 to be known as Lee Highway Branch. Federal Reserve Bank of Atlanta Applications Bulletin Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Security Trustco, Inc. 03-25-88 Brilliant, Alabama Federal Register 1-BHC formation, Security Trust and Savings Bank, Brilliant, Alabama. The First Corporation 03-28-88 Opelika, Alabama Newspaper 1-BHC formation, The First National Bank of Opelika, Opelika, Alabama. First Sterling Bancshares, Inc. Winter Haven, Florida To acquire First Sterling Bank of Osceola County, Kissimmee, Florida (in organization). Independent Bancshares, Inc. 03-24-88 Ocala, Florida Newspaper 1-BHC formation, Independent Bank of Ocala, Ocala, Florida (in organization). Federal Reserve Bank of Atlanta Applications Bulletin Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Bunkie Bancshares, Inc. Bunkie, Louisiana Change in Control by John A. Boatner, Jr. (28.16 percent) of the outstanding common 03-22-88 Newspaper to retain 3,195 shares stock. Federal Reserve Bank of Atlanta Applications Bulletin Section III - Applications Subject to Federal Register Notice Only Application Comment Period Ending Date Bank South Corporation 03-25-88 Atlanta, Georgia Federal Register To acquire 50 percent of Financial Data Dimensions, Inc., Thomson, Georgia, and engage in data processing activities, pursuant to section 225.25(b)(7) of Regulation Y. Application involves an initial joint venture. Chicago rve Bank Applications Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Type Application EFT Bankers Trust Company Des Moines, Iowa Iowa Power, 9th and Walnut, Des Moines, Iowa EFT Peoples Bank and Trust Company 4-2-88* Cedar Rapids, Iowa CR Refuel Station, 1201 1st Avenue S.E., Cedar Rapids, Iowa EFT Peoples Bank and Trust Company 4-2-88* Cedar Rapids, Iowa CR Refuel Station, 2C1 8th Avenue S.E., Cedar Rapids, Iowa Merger Chemical Bank Bay Area 3-7-88* Bay City, Michigan Kawkawlin, Michigan, Branch of Chemical Bank and Trust Company, Midland, Michigan N/A Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Type Application Y-l Peoples Bancorporation of Northwest Iowa Rock Valley, Iowa Peoples Bank and Trust Rock Valley, Iowa Y-l First Affiliated Bancorp, Inc. Watseka, Illinois Watseka First National Bank Watseka, Illinois Y-2 First of America Bancorporation-Illinois Libertyville, Illinois Sheridan Bank of Peoria Peoria, Illinois 4-1-88* 4-4-88** Y-2 First of America Bank Corporation Kalamazoo, Michigan Sheridan Bank of Peoria Peoria, Illinois 4-1-88* 4-4-88** Y-2 Banks of Iowa, Inc. Des Moines, Iowa United Bank & Trust Ames, Iowa 4-4-88** N/A 4-7-88** 3-30-88* Section II - Applications Subject to Both Newspaper and Federal Register Notice Continued Type Application Y-2 Lincoln Financial Corporation Fort Wayne, Indiana Rush County National Corporation Rushville, Indiana Rush County National Bank of Rushville Rushville, Indiana Type Comment Period Ending Date 4-4 - 88 ** Section III - Applications Subject to Federal Register Notice Only Comment Period Application Ending Date 4c8 CNBC Bancorp, Inc. N/A Chicago, Illinois CNBC Development Corp., Chicago, Illinois — Engage in Lending Act by making Real Estate Development and Rehabilitation loans. 4c8 First American Bank Corporation Elk Grove Village, Illinois Keystone data Corporation, Kankakee, Illinois — Data Processing and Transmissions N/A Engage in 4c8 Midwest Financial Group, Inc. Peoria, Illinois Midwest Financial Mortgage Banking Company Peoria, Illinois 3-30 -88 ** Y-4 Prairieland Bancorp, Inc. Bushnell, Illinois Prairieland Accounting and Tax Service Bushnell, Illinois 4_i_88** ection IV - Applications Not Subject to Federal Register Notice Or Newspaper Notice Type Application RoS South Ottumwa Bancshares, Inc. Ottumwa, Iowa To redeem 650,000 shares common stock from ESOP Comment Period Ending Date N/A First National Bank of Chicago N/A Chicago, Illinois Intent to make an additional investment in International Commercial Bank PLC (ICB), a United Kingdom bank which FNBC owns a 22 percent interest. *Newspaper **Federal Register N/A - N o t a v a i l a b l e a t this time Federal Reserve Bank of St. Louis 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 *Section 3(a)(3) application by Raymond Bancorp, Inc., Raymond, Illinois, to acquire Peoples State Bank of Gillespie, Gillespie, Illinois (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 * None. *This application is subject to CRA. 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 Lawrence 0. Hauge To directly and indirectly acquire control of an additional 92.2% of Henderson Bancorporation, Inc., Henderson, MN. 3-21 (Federal Register) Section III - Applications Subject to Federal Register Notice Only Application None. Comment Period Ending Date FEDERAL RESERVE BANK OF MINNEAPOLIS Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None. 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 Pioneer Bancorporation, Inc., Aurora, Colorado, for prior approval to become a bank holding company through the acquisition of 100 percent of the voting shares of City Center National Bank of Aurora, Aurora, Colorado. Not Applicable Bancorp II, Inc., Kansas City, Kansas, for prior approval to become a bank holding company through the acquisition of 80 percent of the voting shares of The Citizens Bank of Pilot Grove, Pilot Grove, Missouri.* Not Available John A. Hineman, Dighton, Kansas, for prior approval to increase his proportionate ownership of Dighton National Bancshares, Inc., Dighton, Kansas, by .94 percent to 25.26 percent. March 31, 1988 Dominion Bankshares, Inc., Denver, Colorado, for prior approval to become a bank holding company through the acquisition of 100 percent of the voting shares of Dominion National Bank, Denver, Colorado.* March 30, 1988 John Herbin, Inc., Jamestown, Kansas, for prior approval to acquire 17 percent of the voting shares of The Jamestown State Bank, Jamestown, Kansas.* March 30, 1988 Edward Birckhead, Dubois, Wyoming, for approval to retain 12.58 percent of Riverton State Bank Holding Company, Riverton, Wyoming. April 4, 1988 Donald A. Sloan/ Richardson, Texas, for prior approval to increase his proportionate ownership of Rawlins Bancshares, Inc., Atwood, Kansas, by 28.12 percent to 51.21 percent. April 4, 1988 HRH Bancorp, Inc., Grant City, Missouri, for prior approval to become a bank holding company through the acquisition of 99.4 percent of the voting shares of Farmers Bank of Grant City/Sheridan, Grant City, Missouri.* April 4, 1988 Michael W. Cahoone and Sharon L. Cahoone, Cottonwood Falls, Kansas, for prior approval to increase their proportionate ownership of Elmdale Bancshares, Inc., Elmdale, Kansas, by 38.38 percent to 44.53 percent. March 30, 1988 SECTION III ~ APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE Independence Financial Corporation, Bellevue, Nebraska, for prior approval to engage in making, acquiring, and/or servicing loans for itself or for others of the type made by a mortgage company, consumer finance company, credit card company, commerce finance company, and factoring company, through Standard State Mortgage Company, Independence, Missouri. March 24, 1988 SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. ♦Application is subject to CRA. FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF 88/03/07 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP INTERSTATE BANK NORTH, HOUSTON, TX BRANCH OFFICE AT 515 WEST GREENS ROAD, HOUSTON, TX 88/04/06 CITIZENS BANK AND TRUST COMPANY, BAYTOWN, TX FIRST AMERICAN BANK & TRUST OF BAYTOWN, BAYTOWN, TX (BANK MERGER) N/A SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE * APPLICATION NOTICE EXP NONE SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY (NOT SUBJECT TO CRA) APPLICATION NONE SECTION IV - NOTICES UNDER THE CHANGE IN BANK CONTROL ACT SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE (NOT SUBJECT TO CRA) * NOTICE DAVID RAY BROOKS, FARMERSVILLE, TX, ET AL TO ACQUIRE AN INTEREST IN FARMERSVILLE BANCSHARES, INC., PLANO, TX PURSUANT TO SECTION 7(J) OF THE FEDERAL DEPOSIT INSURANCE ACT A. W. BAILEY, JR., WACO, TX, ET AL TO ACQUIRE AN INTEREST IN CENTRAL TEXAS BANCORP, INC., WACO, TX PURSUANT TO SECTION 7(J) OF THE FEDERAL DEPOSIT INSURANCE ACT NOTICE EXP ** 88/03/14 * EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY. ** DATE UNAVAILABLE AT THIS TIME. PLEASE DIRECT ANY QUESTIONS TO MS. GAYLE TEAGUE (214) 744-7312. FEDERAL RESERVE BANK OF SAN FRANCISCO 88-11 Week ending 3/11/88 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 Napa Valley Bancorp, Napa, California, to acquire 100 percent of Bank of Lake County, N.A., Lakeport, California. Newspaper: 3/25/88 Bank of Seoul, Seoul, Korea, to become a bank holding company through the acquisition of 100 percent of the voting shares of Seoul Bank of California (In Organization), Los Angeles, California. Newspaper: Not available Fed. Rea.: Not available Fed. Rea.: 4/04/88 Section III - Applications Subject to Federal Register Notice Only The Sanwa Bank, Limited, Osaka, Japan, to acquire at least 80 percent of Brophy, Gestal, Knight & Co., L.P., New York, New York, a primary security dealer. Fed. Rea.: Not yet published Landmark Bancorp, La Habra, California, to engage dg novo in mortgage services through its wholly-owned subsidiary, Excelmark Mortgage Services, Inc., La Habra, California. Fed. Reg.: 4/04/88 First Community Bancorp, Lacey, Washington, to engage dg novo directly in courier and real estate appraisal services. Fed. Reg.: 4/06/88 Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Oregon-Pacific Banking Company, Florence, Oregon, request to engage in insurance activities authorized for Oregon State Banks by HB 2451.
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