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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 -1 REGISTER NOTICE ONLY
■f
---------------------- : 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.
Examination
Date____

Bank of Annapolis
1900 Fairfax Road
Annapolis, Maryland




21401

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

Date
11-30-92

Satisfactory

a

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.




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