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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1993, NO. 11 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending March 13, 1993 ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK HOLDING COMPANIES First Commercial Corporation, Little Rock, Arkansas - to acquire First City, Inc., Memphis, Tennessee. Approved, March 10, 1993. Norwest Corporation, Minneapolis, Minnesota — to acquire Community Title Guaranty Company, Lombard, Illinois, and engage in title insurance and real estate settlement activities through American Land Title Company, Lombard, Minnesota; with delegation of authority to the Reserve Banks to approve future applications to engage, under certain conditions, in real estate settlement services. Approved, March 8, 1993. BOARD OPERATIONS Division of Banking Supervision and Regulation — appointment of Stephen M. Hoffman, Jr., as Assistant Director for International Supervision. Approved, March 9, 1993. REGULATIONS AND POLICIES Credit availability — joint interagency policy statement. Approved, March 9, 1993. Delegation of authority to the Federal Reserve Banks to approve future applications to engage, under certain conditions, in real estate settlement services. Approved, March 8, 1993. Regulation DD — amendments to implement statutory changes to the Truth in Savings Act. Approved, March 12, 1993. H.2 MARCH 8, 1993 PAGE 2 TO MARCH 13, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve Bank Operations; IF - International Finance; OSDM - Office of Staff Director for Management BANK BRANCHES, DOMESTIC Dallas Central Bank, Monroe, Louisiana — to establish a branch at 2951 Cottingham Expressway, Pineville, Louisiana. Approved, March 8, 1993. Dallas Central Bank, Monroe, Louisiana — to establish a branch at 604 MacArthur Drive, Alexandria, Louisiana. Approved, March 8, 1993. Chicago Chemical Bank and Trust Company, Midland, Michigan — to establish an offsite electronic facility at 4748 Fashion Square Mall, Saginaw, Michigan. Approved, March 12, 1993. BANK HOLDING COMPANIES Director, BS&R BankAmerica Corporation, San Francisco, California extension of certain divestiture commitments in connection with acquisition of Security Pacific Corporation. Granted, March 9, 1993. Kansas City Commerce Bancshares, Inc., Kansas City, Missouri, and CBI Security Corporation — to acquire Republic Bancshares, Inc., Neosho, Missouri. Approved, March 11, 1993. Kansas City COMMFIRST Bancorporation, Inc., South Sioux City, Nebraska — to acquire BUYA Corp., and Y.B. Corporation. Approved, March 9, 1993. H .2 MARCH 8, 1993 PAGE 3 TO MARCH 13, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Minneapolis Community Bank Group, Inc., Eden Prairie, Minnesota - to acquire Cleveland Bancshares, Inc., Cleveland, Minnesota. Approved, March 10, 1993. Dallas Country Bancshares, Inc., Charlotte, Texas — acquire Country Bank. Returned, March 12, 1993. Atlanta Deposit Guaranty Corporation, Jackson, Mississippi — to engage de novo in certain nonbanking activities through DGC Services, Inc. Permitted, March 10, 1993. Kansas City Dickinson Financial Corporation, Kansas City, Missouri — to merge with Army National Bancshares, Inc . Approved, March 8, 1993. Atlanta Evergreen Bancshares, Inc., Tallahassee, Florida, and Guaranty National Bank of Tallahassee — to acquire certain assets and assume certain liabilities of a branch of Anchor Savings Bank, F.S.B., Hewlett, New York, at 2437 North Monroe Street, Tallahassee, Florida. Approved, March 10, 1993. St. Louis First Banks, Inc., St. Louis, Missouri — proposal that First Bank, Creve Couer, Missouri, acquire certain assets and assume certain liabilities of the Ballwin, Creve Couer, Hermann, and Washington, Missouri, branches of First Bank, A Savings Bank, Clayton, Missouri. Approved, March 11, 1993. Chicago F.N.B.C. of La Grange, La Grange, Illinois — to acquire Mokena State Bank, Mokena, Illinois. Approved, March 10, 1993. Chicago Hawkeye Bancorporation, Des Moines, Iowa — to acquire First Dubuque Corp., Dubuque, Iowa, and First National Bank of Dubuque. Approved, March 12, 1993. to H.2 MARCH 8, 1993 PAGE 4 TO MARCH 13, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago ISB Bancshares, Inc., Ipava, Illinois — Ipava State Bank. Approved, March 11, 1993. Chicago Merchants and Manufacturers Bancorporation, Inc., Greendale, Wisconsin — to acquire Lincoln Savings Bank, S.A., Milwaukee, Wisconsin. Approved, March 12, 1993. Philadelphia Meridian Bancorp, Inc., Reading, Pennsylvania — engage de novo in securities brokerage and investment advisory services through Meridian Securities, Inc. Permitted, March 12, 1993. Richmond NationsBank Corporation, Charlotte, North Carolina, Charter Bancshares, Inc., Houston, Texas, and CBH, Inc. — to acquire University National Bank, Galveston, Texas. Approved, March 11, 1993. Chicago Oostburg Bancorp, Inc., Oostburg, Wisconsin — acquire Oostburg State Bank. Returned, March 10, 1993. Minneapolis Otto Bremer Foundation, St. Paul, Minnesota, and Bremer Financial Corporation — to engage in general insurance agency activities through acquisition of certain insurance agency accounts of Robert W. Becker. Approved, March 8, 1993. Chicago SBL Capital Bank Shares, Inc., Lodi, Wisconsin — acquire State Bank of Lodi. Approved, March 12, 1993. Chicago Shelby County Bancorp, Inc., Shelbyville, Illinois — to acquire Bank of Findlay, Findlay, Illinois. Approved, March 9, 1993. St. Louis Union Planters Corporation, Memphis, Tennessee — to acquire First Cumberland Bank, Madison, Tennessee. Approved, March 8, 1993. to acquire to to to H.2 MARCH 8, 1993 PAGE 7 TO MARCH 13, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Atlanta Lincoln County Bank, Fayetteville, Tennessee — proposed purchase of certain assets and assumption of certain liabilities of the Petersburg, Tennessee, branch of Dominion Bank of Middle Tennessee, Nashville, Tennessee — report on competitive factors. Approved, March 10, 1993. Cleveland Mid American Community Bank, N.A., Lima, Ohio, proposed purchase of certain assets and assumption of certain liabilities of three branches of Home Savings of America, F.S.B., Irwindale, California - report on competitive factors. Submitted, March 13, 1993. Cleveland Mid American National Bank and Trust Company, Bowling Green, Ohio, proposed purchase of certain assets and assumption of certain liabilities of a branch of Home Savings of America, F.S.B., Irwindale, California -- report on competitive factors. Submitted, March 9, 1993. San Francisco Mountain Interim National Bank, Enumclaw, Washington, proposed merger with Mount Rainier National Bank -report on competitive factors. Submitted, March 11, 1993. Philadelphia National Bank of Boyertown, Boyertown, Pennsylvania, proposed purchase and assumption of certain assets and liabilities of First Lehigh Bank, Allentown, Pennsylvania — report on competitive factors. Submitted, March 9, 1993. Chicago Peoples State Bank of Colfax, Colfax, Illinois, proposed merger with PSBC Interim Bank — report on competitive factors. Submitted, March 9, 1993. Kansas City Peoples-Webster County Bank, Red Cloud, Nebraska, proposed merger with Republic Valley Bank, Orleans, Nebraska — report on competitive factors. Submitted, March 8, 1993. H .2 MARCH 8, 1993 PAGE 8 TO MARCH 13, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Kansas City Valley Bank, National Association, Brighton, Colorado, proposed merger with Valley Bank of Lyons, Lyons, Colorado — report on competitive factors Submitted, March 10, 1993. EXTENSIONS OF TIME Richmond CCB Financial Corporation, Durham, North Carolina — extension to June 12, 1993, to engage de novo in credit card operations through making and servicing credit card loans. Granted, March 11, 1993. St. Louis Central Arkansas Bancshares, Inc., Arkadelphia, Arkansas — extension to June 1, 1993, to engage de novo in securities brokerage activities through First Bank Securities, Inc., Hot Springs, Arkansas. Granted, March 10, 1993. Atlanta Employee Stock Ownership Plan and Trust of Southwest Georgia Financial Corporation, Moultrie, Georgia -extension to June 30, 1993, to acquire Southwest Georgia Financial Corporation. Granted, March 12, 1993. San Francisco First Interstate Bancorp, Los Angeles, California — extension to divest certain property. Granted, March 11, 1993. San Francisco First Security Corporation, Salt Lake City, Utah — extensions to divest certain properties. Granted, March 10, 1993. Cleveland Mid Am, Inc., Bowling Green, Ohio — extension to March 31, 1993, to acquire Apollo Savings and Loan Company, Cincinnati, Ohio. Granted, March 10, 1993. Minneapolis Ormsby Bancshares, Inc., Ormsby, Minnesota — extension to June 16, 1993, to engage de novo in lending activities. Granted, March 12, 1993. H .2 MARCH 8, 1993 PAGE 9 TO MARCH 13, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME Atlanta Peoples BancTrust Company, Inc., Selma, Alabama, and Peoples Bank and Trust Company — extension to May 27, 1993, to acquire CEE BEE Corporation, Prattville, Alabama. Granted, March 11, 1993. INTERNATIONAL OPERATIONS Director, BS&R First Overseas Investment, Inc., Los Angeles, California — amendment to change name to Standard Chartered Overseas Investment, Inc. Approved, March 9, 1993. Kansas City Citizens Bank, Muskogee, Oklahoma -- to become a member of the Federal Reserve System. Approved, March 11, 1993. Minneapolis Farmers State Bank of Cut Bank, Cut Bank, Montana — to become a member of the Federal Reserve System. Approved, March 12, 1993. Cleveland Integra Bank / North, Titusville, Pennsylvania — become a member of the Federal Reserve System. Approved, March 12, 1993. Richmond Mid-South Bank and Trust Company, Sanford, North Carolina — to become a member of the Federal Reserve System. Approved, March 12, 1993. MEMBERSHIP to REGULATIONS AND POLICIES Secretary Regulation Y — amendment updating reference to real estate appraisal guidelines (Docket R-0798). Approved, March 11, 1993. H .2 MARCH 8, 1993 PAGE 10 TO MARCH 13, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY RESERVE BANK OPERATIONS Director, FRBO Federal Reserve Automation Services — channel extender equipment. Approved, March 8, 1993. to purchase GC Federal Reserve Bank of New York — to act as fiscal agent for proposed issues of bonds by the International Bank for Reconstruction and Development. Approved, March 9, 1993. H.2 MARCH 8, 1993 PACE 11 ADDITIONS AND CORRECTIONS TO MARCH 13, 1993 ACTIONS TAKEN BY THE BOARD OF GOVERNORS M N K HOLDING COMPANIES NationsBank Corporation* .Charle&te* North Carolina — request for reconsideration of Board’s approval of the application to acquire certain assets and assume certain liabilities of Chrysler First Inc., Allentown# Pennsylvania. Denied# March 4, 1993. ADDITIONS AND CORRECTIONS ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago De Witt Bancorp# Inc.# De Witt# Iowa — to acquire River Valley Bancorp# Inc# Davenport# Iowa# and Valley State Bank# Eldridge# Iowa. Returned# March 5# 1993. Chicago Firstar Corporation# Milwaukee, Wisconsin# and Firstar Corporation of Iowa* Des Moines# Iowa — to acquire Metro Bancorporation# Waterloo# Iowa# and The Waterloo Savings Bank. Returned# March 4# 1993. Chicago River Valley Bancorp# Inc.# Davenport# Iowa — acquire Valley State Bank, Eldridge# Iowa. Returned# March 5# 1993. to COMPETITIVE FACTORS REPORTS Chicago First of America Bank-11linois# National Association# Peoria, Illinois, proposed merger with Kewanee National Bank, Kewanee, Illinois — report on competitive factors. Submitted, March 5, 1993. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Application Comment Period Ending Date NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Comment Period Ending Date Bank of Boston Corporation Boston, Massachusetts 3(a) (3)/3(a) (5) application to acquire Multibank Financial Corporation, Dedham, Massachusetts* Newspaper 03-31-93 Federal Register 04-02-93 SECTION III - APPLICATIONS SUBJECT TO FEDERAL NOTICE ONLY ■f -1 REGISTER ---------------------:-Application Comment Period Ending Date Royal Bank of Scotland Group, pic, Edinburgh, Scotland - 4(c)(8) application to, acquire Standard Chartered Equitor Asset.Management NA, Inc. and Union Investors Asset Management, both of Boston, Massachusetts Federal Register Not Yet Established Fleet Financial Group, Inc., Providence, Rhode Island - 4(c)(8) notification to transfer Fleet Factors Corporation, New York, New York from Fleet Bank of New York, Albany, New York, to Fleet Financial Group, Inc., Providence, Rhode Island Federal Register Not Yet Established SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE ♦Subject to CRA SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS ♦Rating Definitions: "0" - Outstanding; "S" - Satisfactory - Needs to Improve; "SN" - Substantial Noncompliance. Institution Rating* Examination Date NONE 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 RNYC Holdings Limited, Marina Bay, Gibraltar, to become a bank holding company by acquiring approximately 27.65 percent of the voting shares of Republic New York Corporation, New York, New York, and thereby indirectly acquire RNYC's nonbank subsidiaries and Republic National Bank of New York, New York and The Manhattan Savings Bank, New York, New York.l/ 4/5/93 2/ Prestige Financial Corp., Flemington, New Jersey, to become a bank holding company through the acquisition of up to 100 percent of the voting shares of Prestige State Bank, Flemington, New Jersey.l/ 4/13/93 3/ SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) Creditanstalt-Bankverein, Vienna, Austria, to engage indirectly, through its subsidiary, Creditanstalt International Advisers Group, Inc., New York, New York, in investment advisory activities through a joint venture limited partnership, Steinberg Asset Management Company, L.P., New York, New York. SECTION IV Applications Not Involving ______ Public Comment______ None. N/A SECTION V Availability of CRA Public Evaluations In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following group: Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate -income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate -income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate- income neighbor hoods, in a manner consistent with its resources and capabilities. Week Ending March 13. 1993 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 None. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY SUN BANCORP, INC., Selinsgrove, PA to engage de novo in domestic life and disability reinsurance limited to ensuring the repayment of the outstanding balance due on the extension of credit through Pennsylvania SUN Life Insurance Company (in organization), pursuant to § 225.25(b) (8) (i) of Regulation Y and § 4(c)(8) of the BHC Act. Fed. Register comment period expires: 4/5/93 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 March 12, 1993 Identification of Ratings In connection with the assessment of each insured depository performance, a rating is assigned from the following groups: institution's CRA Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities• Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Bank/Location Examination Date None. CRA Rating Federal Reserve Bank of Cleveland Applications Bulletin For Week Ending March 13, 1993 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY NONE 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 Received request from Integra Bank/North, Titusville, Pennsylvania, on February 25, 1993, for permission to exceed its limit of investment in bank premises permitted under Section 24A of the Federal Reserve Act.* * N F # - Subject to CRA Newspaper Comment Period Federal Register Comment Period Expected to end approximately 30 days from date of application's receipt. AVAILABILITY OF CRA PUBLIC EVALUATIONS (March 12, 1993) The following state member banks have been examined by the Federal Reserve Bank of Cleveland for compliance with The Community Reinvestment Act. A public evaluation document became available from the bank(s) listed below during the week ended March 12, 1993. If you are interested in obtaining a copy of an evaluation document, please contact the bank(s) directly. There are four descriptive ratings for CRA: OUTSTANDING: a bank in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SATISFACTORY: a bank in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NEEDS TO IMPROVE: a bank in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. SUBSTANTIAL NON COMPLIANCE: a bank in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NONE F e d e r a l R e se rv e Bank o f Richmond Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Signet Bank/Virginia, Richmond, Virginia, to establish a branch at the South Hill Crossings Shopping Center, near the corner of Peebles Drive and Route 58, South Hill, Virginia.** 4-2-93 Mellon Bank (MD), Rockville, Maryland, to establish a branch at 2051 West Street, Annapolis, Maryland.* 4-3-93 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 Delmar Bancorp, Delmar, Maryland, to engage in insurance agency activities in a town with a population of less than 5,000. Crestar Financial Corporation, Richmond, Virginia, to engage in selling annuities. 4-1-93 Not yet available. 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. F e d e r a l R e se rv e Bank o f Richmond Availability of CRA Public Evaluations Week ending March 12, 1993 Definition of Ratings Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate -income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate -income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate -income neighborhoods, in a manner consistent with its resources and capabilities. Bank of Annapolis 1900 Fairfax Road Annapolis, Maryland 21401 Examination Date____ Rating 1-25-93 Satisfactory Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending March 12, 1993 Section 1 - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date None. Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date First Capital Bancorp, Inc. Norcross, Georgia 1-BHC formation, Central Gwinnett Bank, Norcross, Georgia. 03-29-93* Federal Register Section 3 - Applications Subject Register Only Application to Federal Comment Period Ending Date None. Section 4 - Applications Not Subject to Federal Register Notice or Newspaper Notice Application AmSouth Bancorporation Birmingham, Alabama Management interlock request, pursuant to Section 5 of the Management Interlock Revisions Act of 1988. ♦Subject to provisions of the Community Reinvestment Act. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending March 12. 1993 Section 10 - Availability of CRA Public Evaluations The CRA public evaluations of the insured depository institutins 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. gxgijnination Rating Satisfactory a Date 11-30-92 Satisfactory 12-07-92 Needs to Improve 33410 12-07-92 Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Type Application Branch The Kingston State Bank Kingston, Michigan 4059 Huron Street North Branch, Michigan* N - 3-10-93 Branch Cole Taylor Bank Chicago, Illinois 824 East 63rd Street Chicago, Illinois* N - 3-8-93 Branch Relocation First of America Bank - Northern Michigan Traverse City, Michigan From 701 Randolph Street to 1001 Bay Street Traverse City, Michigan* N - 3-14-93 Oakar Citizens National Bancorp, Inc. Darlington, Wisconsin Darlington, Wisconsin branch of Anchor Bank SSB Madison, Wisconsin* N - 4-8-93 Membership Community Bank of Elmhurst Elmhurst, Illinois (in organization) To become a member of the Federal Reserve System* N - ** Membership Farmers State Bank Jewell, Iowa To become a member of the Federal Reserve System* N - ** Membership Community State Bank Tipton, Iowa To become a member of the Federal Reserve System* N - ** Membership Quad City Bank and Trust Company Bettendorf, Iowa (in organization) To become a member of the Federal Reserve System* N - ** Membership Westby-Coon Valley State Bank Westby, Wisconsin To become a member of the Federal Reserve System* N - ** Federal Reserve Bank of Chicago Type Section II - Applications Subject to Both Newspaper and Federal Register Notice Coament Period Ending Date Application Y -l Cashton Bancshares, Inc. Cashton, Wisconsin Bank of Cashton Cashton, Wisconsin* FR - 12-18-92 N 3-26-93 CoC-HC Premier Financial Services, Inc Freeport, Illinois Thomas D. Flanagan FR 3-1-93 N - 3-18-93 COC-HC Premier Financial Services, Inc Freeport, Illinois James M. Flanagan FR 3-8-93 N - 3-18-93 Y-l Bourbonnais Bancorp, Inc. Wheaton, Illinois Bank of Bourbonnais Bourbonnais, Illinois* FR N - 2-26-93 3-24-93 Y-2 Illinois State Bancorp, Inc. Wheaton, Illinois Bourbonnais Bancorp, Inc. Wheaton, Illinois Bank of Bourbonnais Bourbonnais, Illinois Presidential Holdings, Inc. Bourbonnais, Illinois* FR N - 2-26-93 3-24-93 Y-2 Firstar Corporation Milwaukee, Wisconsin Metro Bancorporation Waterloo, Iowa The Waterloo Savings Bank Waterloo, Iowa* FR - 2-26-93 N - ** Y-2 Firstar Corporation of Iowa Des Moines, Iowa Metro Bancorporation Waterloo, Iowa The Waterloo Savings Bank Waterloo, Iowa* FR - 2-26-93 N - ** Y -l Northview Financial Corporation Northfield, Illinois Northview Bank & Trust (in organization) Northfield, Illinois* FR - 3-12-93 N - 3-20-93 Federal Reserve Bank of Chicago Type Section II - Applications Subject to Both Newspaper and Federal Register Notice (Continued) Comment Period Application Ending Date Y-l Oosthurg Bancorp, Inc. Oostburg, Wisconsin Oostburg State Bank Oostburg, Wisconsin* FR N - Y-l Lincoln Trail Bancshares, Inc. Taylorville, Illinois Palmer State Bank Taylorville, Illinois* FR - 3-12-93 N - 3-21-93 Y-l Valley Financial Corp. Caro, Michigan Community Bank Caro, Michigan* FR - 3-12-93 N - 2-8-93 Y-l Howard Bancorp, Inc. Glenview, Illinois Howard Savings Bank Glenview, Illinois* FR - 3-19-93 N - ** Y-l Lenawee Bancorp, Inc. Adrian, Michigan Bank of Lenawee Adrian, Michigan* FR - 3-25-93 N - 3-22-93 Y-2 De Witt Bancorp, Inc. De Witt, Iowa River Valley Bancorp, Inc. Davenport, Iowa Valley State Bank (in organization) Eldridge, Iowa* FR - 3-25-93 N - 3-22-93 Y-2 First Financial Corporation Terre Haute, Indiana Parke Bancorp Rockville, Indiana The Parke State Bank Rockville, Indiana* FR - 3-25-93 N - 3-12-93 Y-2 First Neighborhood Bancshares, Inc. Toledo, Illinois Newman Bancshares, Inc. Newman, Illinois First State Bank of Newman Newman, Illinois* FR - 3-25-93 N - 3-19-93 3-5-93 3-8-93 Federal Reserve Bank of Chicago Type Section II - Applications Subject to Both Newspaper and Federal Register Notice lContinued) Comment Period A pplication Ending Date Y-l River Valley Bancorp, Inc. Davenport, Iowa Valley State Bank (in organization) Eldridge, Iowa* FR N - 3-25-93 - 3-22-93 Y-l Dearborn Bancorp, Inc. FR Dearborn, Michigan N Community Bank of Dearborn (in organization) Dearborn, Michigan* - 4-2-93 - 3-22-93 Y-2 Midlothian State Bank Employees Stock Ownership Trust Midlothian, Illinois Midlothian State Bank Midlothian, Illinois Y-l Quad City Holdings, Inc. Bettendorf, Iowa Quad City Bank and Trust Company Bettendorf, Iowa (in organization)* FR - 4-2-93 N - 3-28-93 FR - ** N - ** Y-l GFH Corp. Elmhurst, Illinois Community Bank of Elmhurst Elmhurst, Illinois (in organization)* FR - 4-5-93 N - ** CoC-HC First Business Bancshares, Inc. Madison, Wisconsin William T. Graham FR - 3-31-93 N - 2-22-93 Y-2 Associated Banc-Corp Green Bay, Wisconsin Wausau Financial Corporation Wausau, Wisconsin Citizens Bank & Trust Wausau, Wisconsin* FR - ** N - ** CoC-HC Minowa Banshares, Inc. Decorah, Iowa Stephen J. Lyon, as Executor of the Estate of George Lyon FR - ** N - ** Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Type Application Y-4 Northern Trust Corporation Chicago, Illinois Northern Futures Corporation Chicago, Illinois— Execute and clear commodity futures contracts FR - 4-9-93 4(c) (8) Comerica Incorporated Detroit, Michigan ComeriComp, Incorporated Detroit, Michigan FR - ** Y-4 Guaranty Financial, M.H.C. Milwaukee, Wisconsin Guaranty Asset Protection Services, Inc. West Hills, California FR - ** Y-4 Guaranty Financial, M.H.C. Milwaukee, Wisconsin Shelter Mortgage Corporation Milwaukee, Wisconsin FR - ** Y-4 Guaranty Financial, M.H.C. Milwaukee, Wisconsin 6700 Corporation West Hills, California FR - ** Y-4 Iowa National Bankshares Corp. Waterloo, Iowa MidAmerica Financial Corporation Waterloo, Iowa FR - 3-12-93 Y-4 Republic Bancorp, Incorporated Owosso, Michigan Horizon Savings Bank Beachwood, Ohio FR - 3-25-93 Y-4 Comerica Incorporated Detroit, Michigan Gladshire Limited Dividend Housing Association Limited Partnership Kalamazoo, Michigan FR - 3-17-93 Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only (Continued) Comment Period Ending Date T.ype Application Y-4 Amcore Financial, Inc. Rockford, Illinois Amcore Investment Banking, Inc. Rockford, Illinois— Provide advice and arrange for the private placement of debt and equity securities FR - 3-31-93 Y-4 Amcore Financial, Inc. Rockford, Illinois Amcore Investment Banking, Inc. Rockford, Illinois— Investment and financial advisory services FR - 3-31-93 4(c)(8) LeMars Bancorporation, Inc. Le Mars, Iowa De novo in making and servicing loans FR - ** SMB-OT Comerica Bank Detroit, Michigan ET-92 Limited Dividend Housing Association Limited Partnership Detroit, Michigan FR - ** 4(c) (8) Comerica Incorporated Detroit, Michigan ET-92 Limited Dividend Housing Association Limited Partnership Detroit, Michigan FR - ** Federal Reserve Bank of Chicago 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 AVAILABILITY OF CRA PUBLIC EVALUATIONS The following state member banks have been examined by the Federal Reserve Bank of Chicago for compliance with the CRA. The 30-business day period the bank has to make the evaluation public has lapsed during the week ending March 12, 1993. If you are interested in obtaining a copy of the evaluation document, please contact the bank(s) directly. Identification of Ratings O-An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. S-An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NI-An institution in this group needs to improve its overall record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SN-An institution in this group has a substantially deficient record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANK NAME/LOCATION EXAMINATION DATE RATINGS -First of America Bank-West Michigan 171 Monroe Avenue N.W. Grand Rapids, Michigan 49503 (616) 771-8701 11/30/92 S -Old Kent Bank of Ludington 124 South James Street P.O. Box 430 Ludington, Michigan 49431 (616) 845-5144 12/07/92 S REVISED AVAILABILITY OF CRA PUBLIC EVALUATIONS The following state member banks have been examined by the Federal Reserve Bank of Chicago for compliance with the CRA. The 30-business day period the bank has to make the evaluation public has lapsed during the week ending March 12, 1993. If you are interested in obtaining a copy of the evaluation document, please contact the bank(s) directly. Identification of Ratings O-An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate -income neighborhoods, in a manner consistent with its resources and capabilities. S-An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NI-An institution in this group needs to improve its overall record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate -income neighborhoods, in a manner consistent with its resources and capabilities. SN-An institution in this group has a substantially deficient record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate -income neighborhoods, in a manner consistent with its resources and capabilities. BANK NAME/LOCATION EXAMINATION DATE RATINGS -First of America Bank-West Michigan 171 Monroe Avenue N.W. Grand Rapids, Michigan 49503 (616) 771-8701 11/30/92 S -Old Kent Bank of Ludington 124 South James Street P.0. Box 430 Ludington, Michigan 49431 (616) 845-5144 12/07/92 S -The Old State Bank of Fremont Two West Main Street Fremont, Michigan 49412 (616) 924-2200 12/07/92 S Federal Reserve Bank of St. Louis FOR THE VEEK ENDING MARCH 12, 1993 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE Application ★Section 5(d)(3) application by First Trust Financial Corporation, Clinton, Kentucky for its subsidiary, First National Bank of Clinton, Clinton, Kentucky, to acquire the Hickman, Fulton and Clinton, Kentucky branches of Security Trust Federal Savings and Loan Association, Knoxville, Tennessee End of Comment Period 4-12-93 ★Section 5(d)(3) application by Union Planters Corporation, Memphis, Tennessee for its subsidiary, Union Planters National Bank, Memphis, Tennessee, to acquire the Jackson, Tennessee branch of SaveTrust Federal Savings Bank, Dyersburg, Tennessee 4-10-93 ★Section 5(d)(3) application by First Tennessee National Corporation, Memphis, Tennessee for its subsidiary, First Tennessee Bank, N.A., Memphis, Tennessee, to merge with Home Federal Bank, F.S.B., Johnson City, Tennessee 4-9-93 ★Section 5(d)(3) application by CBT Corporation, Paducah, Kentucky for its subsidiary, Citizens Bank and Trust Company, Paducah, Kentucky to acquire three Paducah, Kentucky, branches of Security Trust Federal Savings and Loan Association, Knoxville, Tennessee 4-4-93 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application ^Section 3(a)(1) application by First Trust Financial Corporation, Clinton, Kentucky to acquire First National Bank of Clinton, Clinton, Kentucky End of Comment Period Newspaper: 4-12-93 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application End of Comment Period None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Application None,* *This application is subject to CRA. End of Comment Period FEDERAL RESERVE BANK OF ST. LOUIS St. Louis, Missouri AVAILABILITY OF CRA PUBLIC DISCLOSURES Identification o f Ratings: Outstanding record o f m eeting com m unity credit needs A n 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 low - and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record o f m eeting com m unity credit needs A n 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 im prove record o f m eeting com m unity credit needs A n 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 noncom pliance in m eeting com m unity credit needs A n institution 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. FOR THE WEEK ENDING Name of Bank First State Bank of Trumann March 12, 1993 Bank Address P. 0. Box 431 Trumann, Arkansas Examination Date 11-30-92 72472 Examination Rating Satisfactory FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application None. Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Community First Bankshares, Inc. Fargo, ND To acquire 100% of the voting shares of F&M Bank Holding Company, Cooperstown, ND* 4-2-93 (Federal Register) United Bankers' Bancorporation, Inc. Bloomington, MN To acquire 85% of the voting shares of United Bankers' Bank, Bloomington, MN* 4-5-93 (Federal Register) William J. Cavanagh Revocable Trust; Robert J. Cavanagh Revocable Trust; and Charles L. Cavanagh Revocable Trust To acquire control of 79.98% of the voting shares of Perham State Bancshares, Inc., Perham, MN 3-31-93 (Federal Register) Alice and Theodore Penn To increase their ownership interest from 24.6% to 27.2% of the voting shares of Drummond Bancshares, Inc., Drummond, Wisconsin* 3-22-93 (Federal Register) * Subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application Merchants Holding Company Winona, MN To engage in mortgage banking activities through the acquisition of Mortgage Options of La Crosse, Inc., La Crosse, WI Not yet available Olmsted Bancorporation, Inc. Byron, MN To engage de novo in general in surance agency activities. Not yet available Section IV - Applications Not SdbjeCt to Federal Register Notice or Newspaper Notice Application Mountain Bank System, Inc. Whitefish, MT Retroactive -to redeem 3.6% of its voting shares. Minnwest Incorporated Montevideo, MN To redeem 20% of its voting ' shares. FEDERAL RESERVE BASK OF MINNEAPOLIS Section V - Availability of C M ffpfellc Bygiuatiopg week ending March 12, 1993 ASSIG [■ OF RATING Identification of Ratines In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following groups: OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate -income neighborhoods, in a manner consistent with its resources and capabilities. SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low-and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANK (S) EXAMINED Yellowstone Bank 2000 Overland Avenue Box 81010 Billings, MT 59108 (406) 652-4100 DATE OF EXAMINATION CRA RATING December 7, 1992 Satisfactory Federal Reserve Bank of Kansas City 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 BOK Financial Corporation, Tulsa, Oklahoma, for prior approval to acquire 100 percent of the voting shares of Sand Springs Bancshares, Sand Springs, Oklahoma.* April 2, 1993 R.H. Krumme, Tulsa, Oklahoma, for prior approval to acquire 74.4 percent of the voting shares of Anadarko Bancshares, Inc., Bristow, Oklahoma. March 22, 1993 R.H. Krumme, George W. Krumme, and Robert B. Krumme, all of Tulsa, Oklahoma, for prior approval to increase their proportionate ownership interest in Sooner Southwest Bankshares, Inc., Bristow, Oklahoma, from 18.5% to 38.1%, from 13.5% to 37.9%, and from 2.7% to 25.2%, respectively. March 22, 1993 Davis Bancorporation, Davis, Oklahoma, for prior approval to become a bank holding company through the acquisition of 100 percent of the voting shares of First Davis Bancorporation, Inc., Davis, Oklahoma.* March 25, 1993 The Stuart Kansas City Limited Partnership, Lincoln, Nebraska, for prior approval to become a bank holding company through the acquisition of 33 percent of the voting shares of Standard State Bank and Trust, Independence, Missouri.* April 2, 1993 Federal Reserve Bank of Kansas City International Brotherhood Boilermakers, Iron Ship Builders, Blacksmiths, Forgers, and Helpers, Kansas City, Kansas, for prior approval to have flexible authority and to continue to hold at least 47.5 percent of the stock in Brotherhood Bancshares, Inc., Kansas City, Kansas.* April 2, 1993 First National Beatrice Corporation ESOP, Beatrice, Nebraska, for prior approval to become a bank holding company through the acquisition of 47 percent of the voting shares of First National Beatrice Corporation, Beatrice, Nebraska.* Not Available CTC Bancorp, Inc., Fayette, Missouri, for prior approval to become a bank holding company through the acquisition of 100 percent of the voting shares of Commercial Trust Company of Fayette, Fayette, Missouri.* Not Available SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE Midland Capital Co., Oklahoma City, Oklahoma, for prior approval to acquire 51 percent of the voting shares of Near Northwest community Development Corporation, Oklahoma City, Oklahoma. March 25, 1993 C L C Enterprises, Inc., Nelson, Nebraska, for prior approval to purchase participation loans from Commercial Bank, Nelson, Nebraska. Not Available SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION First National Beatrice Corporation, Beatrice, Nebraska, for prior approval to redeem 5,105 shares of its own voting common stock. Not Available Federal Reserve Bank of Kansas City Ameriwest Corporation, Omaha, Nebraska, for prior approval to redeem 100 percent of its own outstanding 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 resources and capabilities. Needs to improve record of meeting community credit needs An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Bank/Location Bank of Rangely P.O. Box 1088 Rangely, Colorado Exam Date 12-07-92 81648-1088 *Application is subject to CRA. CRA Public Date 03-04-93 CRA Rating Satisfactory FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF MARCH 8, 1993 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP Change in Control Notice by Anita Herren; Robert W. Herren Marital Trust; Robert W. Herren Residuary Trust, Haskell, TX, to acquire an interest in Haskell Bancshares, Inc., Haskell, TX (Previously reported during the week of 2-1-93) 93/03/16 Change in Control Notice by Benjie Sims Reed, Mexia, TX, and Bobby Lynn Reed, Groesbeck, TX, to acquire an interest in First Groesbeck Holding Company, Groesbeck, TX N/A Change in Control Notice by Jess A. Fields, Humble, TX; Endre Rosejoe, London, England; Steven J. Gibson, Magnolia, TX; and Robert N. Murray; Ralph S. O'Conner; Stanley D. Stearns; John H. Lindsey; Schuyler M. Tilney; William T. Webber, Jr.; Louis B. Cushman; John H. Styles; Richard K. Gordon; Peder Monsen; Albert B. Fay, Jr.; Sidney S. McClendon, III; Clive Runnells; and Thomas P. Runnells, Houston, TX, to acquire an interest in Crosby Bancshares, Inc., Crosby, TX N/A SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION Section 4(c)(8) de novo notification by Panhandle Bancshares, Inc., Panhandle, TX, to acquire, Panhandle Financial Services, Inc., Amarillo, TX (engage in tax planning and preparation services) (Previously reported during the week of 2-22-93) NOTICE EXP 93/03/31 FEDERAL RESERVE BANK OF SAN FRANCISCO 93-10 Week ending 3/12/93 Section I - Applications Subject to Newspaper Notice Only A p d Iication Comment Period Ending Date Hanmi Bank, Los Angeles, California, to establish a branch office at 3600 Wilshire Boulevard, Los Angeles, California. * Newspaper: 4/05/93 Bank of Arizona, Scottsdale, Arizona, to become a member of the Federal Reserve System. * Newspaper: 4/26/93 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date None Section III - Applications Sub.iect to Federal Register Notice Only Application Comment Period Ending Date Banque Nationale de Paris, Paris, France, to Fed. Reg.: engage in certain investment and financial advisory activities through a joint venture by acquiring, indirectly, 50 percent partnership interest in BNP-N&B Global Asset Management, L.P., New York, New York. 4/05/93 Pacific Capital Bancorp, Salinas, California, to engage de novo, directly, in making loans or other extensions of credit to persons or entities in its market area. Not available Fed. Reg.: Section IV - Applications Not Sub.iect to Federal Register Notice or Newspaper Notice None * Subject to CRA FEDERAL RESERVE BANK OF SAN FRANCISCO (cont’d.) 93-10 Week ending 3/12/93 Section V - Availability of CRA Public Evaluations The CRA public evaluations of the institution(s) below became available during the week ending March 12, 1993. Information about a particular institution’s CRA evaluation may be obtained directly from the institution. Examination Date Rating* Institution Location Liberty Bank 500 Linden Avenue South San Francisco, California 94080 (415) 871-2400 11/30/92 Satisfactory First Indo-American Bank 180 Sansome Street San Francisco, CA 94104 (415) 434-2265 11/30/92 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. 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.