The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
ANNOUNCE$E$|RCH 0F T ffi ? lib r ar y BOARD OF GOVERNORS 9 51 FEDERAL RESERVE SYSTEM FEDl Ml 9i H.2, 1992, No. 12 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending March 21, 1992 Of CLEV1 ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK HOLDING COMPANIES First Union Corporation, Charlotte, North Carolina -to buy and sell securities on the order of investors as a riskless principal through First Union Securities, Inc. Approved, March 16, 1992. Mercantile Bancorporation, Inc., St. Louis, Missouri, and Mercantile Acquisition Corporation I — to acquire Ameribanc, Inc., St. Joseph, Missouri, its eleven bank subsidiaries, and Ameribanc Life Insurance Company, and thereby engage in credit related insurance. Approved, March 18, 1992. 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 Chicago Comerica Bank - Detroit, Detroit, Michigan -- to establish a branch at Oakbrook Commons Retirement Community, 16351 Rotunda Drive, Dearborn, Michigan. Approved, March 20, 1992. Kansas City Pioneer Bank of Longmont, Longmont, Colorado — establish a branch at 1610 Hoover. Approved, March 19, 1992. Atlanta SouthTrust Bank of Pinellas County, St. Petersburg, Florida — to establish a branch at 8941 State Route 52, Hudson, Florida, to be known as the New Port Richey branch. Approved, March 16, 1992. to H. 2 MARCH 16, 1992 PAGE 2 TO MARCH 20, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago ABN AMRO Bank, N.V, Amsterdam, The Netherlands; ABN / AMRO Holding N.V.; ABN AMRO North America, Inc., Chicago, Illinois; Stichting Administratiekantoor ABN AMRO Holding and Stichting Prioriteit ABN AMRO Holding -- to acquire Euram Service, Inc., and engage in asset management activities. Returned, March 19, 1992. Kansas City Altus NBC Corporation, Altus, Oklahoma -- to acquire certain assets and assume certain liabilities of the Kingfisher branch of Chisholm Federal Savings Association, Kingfisher, Oklahoma. Approved, March 20, 1992. Minneapolis Bank of Montana System, Great Falls, Montana -- to acquire the Bank of Montana Anaconda, Anaconda, Montana. Approved, March 16, 1992. Atlanta Browning Partners International, Inc., Miami, Florida — to acquire CJH Browning Bank. Approved, March 19, 1992. St. Louis CNB Bancshares, Inc., Evansville, Indiana, and CNB of Central Indiana, Inc. — to acquire Indiana Bancshares, Inc., Greenwood, Indiana. Approved, March 20, 1992. Kansas City CS Bancshares, Inc., Chillicothe, Missouri — acquire Alma Bancshares Corporation, Alma, Missouri. Approved, March 18, 1992. Chicago Devon Bancorp, Inc., Chicago, Illinois — to acquire certain assets and assume certain liabilities of Western Federal Savings and Loan Association, Glenview, Illinois. Approved, March 20, 1992. Chicago DunC Corp., Belvidere, Illinois — to acquire Capron Bancorp, Inc., Capron, Illinois, and Capron State Bank. Returned, March 18, 1992. to H. 2 MARCH 16, 1992 PAGE 3 TO MARCH 20, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Richmond FCNB Corp., Frederick, Maryland — proposal that Frederick County National Bank acquire certain assets and assume certain liabilities of a branch of Augusta Federal Savings Association, Baltimore, Maryland. Approved, March 20, 1992. Richmond First Maryland Bancorp, Baltimore, Maryland — proposal that First National Bank of Maryland acquire certain assets and assume certain liabilities of a branch of Augusta Federal Savings Association. Approved, March 20, 1992. Richmond First Virginia Banks, Inc., Falls Church, Virginia — proposal that First Virginia Bank-Central Maryland, Bel Air, Maryland, acquire certain assets and assume certain liabilities of a branch of Augusta Federal Savings Association, Baltimore, Maryland. Approved, March 20, 1992. Dallas Ford Bank Group, Inc., Lubbock, Texas — proposal to merge with First Federal Savings and Loan Association and to merge FFSLA into First National Bank at Lubbock, Lubbock, Texas. Approved, March 20, 1992. New York Fuji Bank, Limited, Tokyo, Japan — to acquire certain assets of The Financial Center Bank, N.A., San Francisco, California, and engage indirectly in commercial financing activities. Approved, March 20, 1992. Dallas Henrietta Delaware Financial Corporation, Dover, Delaware — to acquire First National Bank of Henrietta, Henrietta, Texas. Approved, March 16, 1992. Chicago Irwin Financial Corporation, Columbus, Indiana — to acquire Primed Financial Services, Inc., Chesapeake, Virginia, and to engage in extensions of credit for the account of health care providers engaged in consumer finance activities. Withdrawn, March 16, 1992. H.2 MARCH 16, 1992 PAGE 4 TO MARCH 20, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES S t . Louis Mid - Missouri Bancshares, Inc., Nevada, Missouri — to acquire Tri - County State Bank, El Dorado Springs, Missouri. Approved, March 17, 1992. Cleveland National City Corporation, Cleveland, Ohio, and NC Acquisition Corp. — to acquire Merchants National Corporation, Indianapolis, Indiana. Approved, March 16, 1992. Kansas City North Platte Corporation, Torrington, Wyoming — to acquire Worland Holding Company, Worland, Wyoming. Approved, March 16, 1992. Chicago South Ottumwa Bancshares, Inc., Ottumwa, Iowa — to acquire certain assets and assume certain liabilities of Peoples Federal Savings Association Approved, March 20, 1992. Atlanta SouthTrust Corporation, Birmingham, Alabama — to acquire SouthTrust Bank of Georgia, N.A., through charter conversion of SouthTrust, FSB. Approved, March 16, 1992. Atlanta SouthTrust Corporation, Birmingham, Alabama — to acquire certain assets and assume certain liabilities of the New Port Richey, Hudson, Florida, branch of Mid-State Federal Savings Bank, Ocala, Florida. Approved, March 16, 1992. Minneapolis Wall Street Holding Company, Hamilton, North Dakota - to acquire the Bank of Hamilton, Hamilton, North Dakota. Approved, March 20, 1992. H .2 MARCH 16, 1992 PAGE 5 TO MARCH 20, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK MERGERS Richmond First Virginia Bank - Central Maryland, Bel Air, Maryland -- to acquire certain assets and assume certain liabilities of Augusta Federal Savings Association, Baltimore, Maryland, and to establish a branch. Approved, March 20, 1992. Cleveland Provident Bank, Cincinnati, Ohio -- to acquire Thrift Savings Bank, and to establish branches. Approved, March 20, 1992. Cleveland Provident Bank, Cincinnati, Ohio — to acquire Merit Savings Bank, and to establish branches. Approved, March 20, 1992. Atlanta SouthTrust Bank of Pinellas County, St. Petersburg, Florida -- to purchase the New Port Richey, Hudson, Florida, branch of Mid-State Federal Savings Bank, Ocala, Florida. Approved, March 16, 1992. BANK PREMISES Kansas City Century Bank Sterling, Sterling, Colorado -investment in bank premises. Approved, March 20, 1992. Chicago Comerica Bank - Detroit, Detroit, Michigan -investment in bank premises. Approved, March 20, 1992. Minneapolis Dakota County Bank, Mendota Heights, Minnesota -investment in bank premises. Approved, March 20, 1992. Kansas City Pioneer Bnk of Longmont, Longmont, Colorado -investment in bank premises. Approved, March 19, 1992. Atlanta SouthTrust Bank of Pinellas County, St. Petersburg, Florida — investment in bank premises. Approved, March 16, 1992. H.2 MARCH 16, 1992 PAGE 6 TO MARCH 20, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANKS, NONMEMBER, AND MISCELLANEOUS INSTITUTIONS Dallas Fortune Financial, Copperas Cove, Texas — registration statement. Withdrawn, March 17, 1992. Dallas Republic of Texas Company, Dallas, Texas — registration statement. Withdrawn, March 17, 1992. Dallas Southland Life Insurance Company, Plano, Texas -registration statement. Withdrawn, March 17, 1992. Dallas Sweetwater Production Credit Association, Sweetwater, Texas — registration statement Withdrawn, March 17, 1992. BANKS, STATE MEMBER Director, BS&R Bankers Trust Company, New York, New York — to accelerate to 12:00 noon, March 16, 1992, the effective date of its Form 8~A registration statement for subordinated notes filed March 9, 1992. Granted, March 18, 1992. New York IBJ Schroder Bank & Trust Company, New York, New York — to issue subordinated capital note. Approved, March 16, 1992. CAPITAL STOCK Chicago Aurelia FT & S Bankshares, Inc., Aurelia, Iowa — redemption of shares. Approved, March 20, 1992. Kansas City First Western Bancorporation, Pueblo, Colorado — redemption of shares. Approved, March 18, 1992. Minneapolis Wall Street Holding Company, Hamilton, North Dakota - redemption of shares. Approved, March 20, 1992. H.2 MARCH 16, 1992 PAGE 7 TO MARCH 20, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CHANGE IN BANK CONTROL Chicago KSB Financial, Inc., Kingston, Michigan — bank control. Permitted, March 19, 1992. change in Minneapolis Oppegard Agency, Inc., Moorhead, Minnesota — in bank control. Returned, March 19, 1992. S t . Louis Tritten Bancshares, Inc., St. Robert, Missouri — change in bank control. Permitted, March 17, 1992. Dallas Western Commerce Bancshares of Carlsbad, Inc., Carlsbad, New Mexico — change in bank control. Permitted, March 19, 1992. change COMPETITIVE FACTORS REPORTS New York Amalgamated Bank of New York, New York, proposed acquisition of certain assets and assumption of liability to pay deposits in the East Tremont branch of North Side Savings Bank, Bronx, New York — report on competitive factors. Submitted, March 18, 1992. Cleveland Bank One, Middletown, Middletown, Ohio, proposed merger with Bank One, Cincinnati, N.A., Milford, Ohio — report on competitive factors. Submitted, March 16, 1992. Richmond Credit International Bank, N.A., Washington, D.C., proposed purchase of the assets and assumption of the liabilities of the Pennsylvania Avenue branch in Washington, D.C., of Second National Bank, Salisbury, Maryland — report on competitive factors. Submitted, March 20, 1992. Minneapolis First National Bank in Ontonagon, Ontonagon, Michigan, proposed merger with the Watersmeet branch of First of America Bank-Upper Peninsula, N.A., Marquette, Michigan — report on competitive factors. Submitted, March 19, 1992. H. 2 MARCH 16, 1992 PAGE 8 TO MARCH 20, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Chicago First National Bank of Chicago, Chicago, Illinois, proposed merger with First Chicago Bank of Mount Prospect, Mount Prospect; First Chicago Bank of Oak Park, Oak Park; and First Chicago Bank of Ravenswood, Chicago, Illinois — report on competitive factors. Submitted, March 17, 1992. Chicago First of America Bank - Southwest Michigan, National Association, Detroit, Michigan, proposed merger with Security Bank Northeast, Richmond; Security Bank St. Clair Shores, St. Clair Shores; and Security Bank of Commerce, Hamtramck, Michigan — report on competitive factors. Submitted, March 20, 1992. Dallas First State Bank, Dumas, Texas, proposed merger with The First National Bank of Amarillo, Amarillo, Texas — report on competitive factors. Submitted, March 19, 1992. Philadelphia First USA Bank, Wilmington, Delaware, proposed merger with Lomas Bank Delaware, Wilmington, Delaware — report on competitive factors. Submitted, March 16, 1992. Chicago F&M Bank, Menomonee Falls, Wisconsin, proposed merger with F&M Bank St. Francis, St. Francis, Wisconsin - report on competitive factors. Submitted, March 17, 1992. San Francisco Mojave Desert Bank, National Association, Mojave, California, proposed purchase of assets and assumption of liabilities of the Mojave branch of Antelope Valley Bank, Lancaster, California — report on competitive factors. Submitted, March 19, 1992. St. Louis Peoples Bank, Sardis, Tennessee, proposed merger with Peoples Interim Bank — report on competitive factors. Submitted, March 19, 1992. H.2 MARCH 16, 1992 PAGE 9 TO MARCH 20, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Atlanta Phenix - Girard Bank, Phenix City, Alabama, proposed merger with Interim Phenix - Girard Bank — report on competitive factors. Submitted, March 18, 1992. Cleveland Second National Bank of Warren, Warren, Ohio, proposed purchase of certain assets and assumption of the liabilities of the Aurora, Ohio, office of First Nationwide Bank, FSB, San Francisco, California — report on competitive factors. Submitted, March 20, 1992. Cleveland Second National Bank of Warren, Warren, Ohio, proposed assumption of deposit liabilities and transfer of assets of the Aurora, Ohio, branch of First Nationwide Bank, FSB, San Francisco, California — report on competitive factors. Submitted, March 20, 1992. San Francisco Topa Savings Bank, Federal Savings Bank, Los Angeles California, proposed merger with Topa Thrift and Loan Association — report on competitive factors. Submitted, March 19, 1992. Dallas Westside Bank, San Antonio, Texas, proposed merger with The Bank of The West, Austin, Texas — report on competitive factors. Submitted, March 18, 1992. EXTENSIONS OF TIME San Francisco BankAmerica Corporation, San Francisco, California extension to divest certain property. Granted, March 17, 1992. San Francisco BankAmerica Corporation, San Francisco, California extensions to divest certain properties. Granted, March 20, 1992. Chicago First Beardstown Bancorp, Inc., Beardstown, Illinois — extension to May 26, 1992, to acquire First State Bank of Beardstown. Granted, March 17, 1992. H .2 MARCH 16, 1992 PAGE 10 TO MARCH 20, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME Atlanta Parkway Bancorp, Inc., Fort Myers, Florida -extension to June 23, 1992, to acquire Parkway Bank. Granted, March 20, 1992. San Francisco Security Pacific Corporation, Los Angeles, California — extension to divest certain property. Granted, March 17, 1992. San Francisco U.S. Bancorp, Portland, Oregon — divest certain properties. Granted, March 20, 1992. San Francisco Wells Fargo & Company, San Francisco, California — extensions to divest certain properties. Granted, March 17, 1992. Kansas City City Center Bank of Colorado, Aurora, Colorado — become a member of the Federal Reserve System. Approved, March 20, 1992. Atlanta CJH Browning Bank, Miami, Florida — to become a member of the Federal Reserve System. Approved, March 19, 1992. extensions to MEMBERSHIP to H. 2 ADDITIONS AND CORRECTIONS MARCH 16, 1992 PAGE 11 TO MARCH 20, 1992 ACTIONS TAKEN BY THE BOARD OF GOVERNORS REGULATIONS AND POLICIES Bank relocations — Board policy statement concerning filing applications in connection with interstate relocations of banks. Withdrawn, February 18, 1992. ADDITIONS AND CORRECTIONS ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago Prairie Bancorp, Inc., Manlius, Illinois — to acquire First Hanover Bancorp, Inc., and Hanover State Bank. Returned, March 12, 1992. FEDERAL RESERVE B A N K OF B O S T O N A P PLICATIONS SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Application Comment Period Ending Date NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Comment Period Ending Date NONE SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Application Comment Period Ending Date Fleet/Norstar Financial Federal Register Group, Inc., Providence, Rhode Island - 4 ( c ) (8) notification to facilitate the transfer of Banc New England Mortgage Company, Inc., East Providence, Rhode Island to Fleet Real Estate Funding, Columbia, South Carolina 04-06-92 Fleet/Norstar Financial Federal Register Group, Inc., Providence, Rhode Island - 4 ( c ) (8) notification to acquire up to 11.239% of The New York Switch Corporation, Hackensack, New Jersey 04-10-92 SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE SECTION V - A V A I L A B I L I T Y OF C R A PUBLIC EVALUATIONS **Rating Definitions: "0" - Outstanding; "S" - Satisfactory - Needs to Improve; "SN" - Substantial Noncompliance. Institution Examination Date NONE Rating** Federal Reserve Bank of New York Comment Period Ending Date SECTION I Applications Subject to Newspaper ___________ Notice Only___________ Amalgamated Clothing and Textile Workers Union, New York, New York through its subsidiary, Amalgamated Bank of New York, New York, New York, to acquire certain assets and assume certain deposit liabilities of the 200 East 23rd Street New York, New York branch of Bayside Federal Savings Bank, Jericho, New York.l/ 4/20/92 SECTION II Applications Subject to Both Newspaper and Federal Register Notice Village Financial Services, Ltd., Port Chester, New York to acquire Sentry Savings & Loan Association, Stamford, Connecticut and to merge Sentry Savings & Loan Association into Village Bank of Connecticut, Stamford, Connecticut, a de novo subsidiary of Village Financial Services, Ltd. 4/10/92 2/ SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) The Long-Term Credit Bank of Japan, Limited, Tokyo, Japan to engage indirectly in certain advisory services relating to commercial real estate loans and property through Greenwich International Advisors L.P., McClean, Virginia, a joint venture between Greenwich Financial, Inc., itself a subsidiary of Greenwich Capital Markets, Inc., Greenwich, Connecticut, and Commonwealth International Associates, Inc., McClean, Virginia. N/A Credit Suisse and CS Holding, Zurich, Switzerland, to engage de novo through one or more of their subsidiaries including BEA Associates in providing foreign exchange advisory and transactional services and investment advice on financial futures and options on futures as a commodity trading advisor on a worldwide basis. 4/10/92 S E C T IO N I V Applications Not Involving ______ Public Comment______ None. SECTION V Availability of CRA Public Evaluations In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following group: Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate- income neighborhoods, in a manner consistent with its resources and capabilities. Week Ending March 21. 1992 NAME OF BANK RATING EXAMINATION DATE European American Bank EAB Plaza Uniondale, NY 11555 Satisfactory April 29, 1991 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 X - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Comment Period Ending Date Dauphin Deposit Corporation, Harrisburg, PA to acquire 100% of the voting shares of FB&T Corporation, Hanover, PA, pursuant to Section 3(a)(5) of the Bank Holding Company Act. Newspaper: Federal Register: 4/17/92 N/A* SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Comment Period Ending Date Dauphin Deposit Corporation. Harrisburg, PA to acquire the nonbanking subsidiaries of FB&T Corporation, Hanover, PA, pursuant to Section 4(c)(8) of the Bank Holding Company Act. N/A* 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 RB8BRVB BANX OF PHILADELPHIA glCTIPH V.r. KSAUM IU CT Qf CXft FOTMC WfKLVAMQKS 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 20, 1992. Id e n tific a tio n o f R a tin g s 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 R e s e r v e B a n k of C l e v e l a n d Applications Bulletin For Week Ending March 21, 1992 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Received Slippery Slippery 1992, to Slippery Section 3( a ) (1) application from * N: April 15, 1992 Rock Financial Corporation, Rock, Pennsylvania, on March 17, acquire The First National Bank of Rock, Slippery Rock, Pennsylvania. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Received Section 4(c) (8) application from Integra Financial Corporation, Pittsburgh, Pennsylvania, on March 5, 1992, to acquire Landmark Savings Association, Pittsburgh, Pennsylvania. * N: April 15, 1992 SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Received request from Lorain County Bank, Elyria, Ohio, for permission to exceed its limit of investment in bank premises permitted under Section 24A of the Federal Reserve A c t . * N F # - Subject to CRA Newspaper Comment Period Federal Register Comment Period Expected to end approximately 30 days from date of application's receipt. Federal Reserve Bank of Richmond Section I - ADDlications Subiect to Newspaper Notice Onlv Application Comment Period Ending Date None. Section II - Applications Subiect to Both Newspaper and Federal Register Notice Application Comment Period Ending Date None. Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date None. Section IV - Applications Not Subiect to Federal Register Notice or Newspaper Notice Application None. Comment Period Ending Date Federal Reserve Bank of Richmond Availability of CRA Public Evaluations Week ending March 20, 1992 Definition of Ratings Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Examination Date None. Rating F e d e r a l R e s e r v e B a n k of A t l a n t a A p p l i c a t i o n s B u l l e t i n f o r W e e k E n d i n g M a r c h 20, 1992 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 No n e . Section 3 - Applications Subject to Federal Register Notice Only Application Comment Period Ending Date County Bancshares, Inc. Troy, Alabama To establish Pike County Federal Savings, Troy, Alabama (Interim Bank), pursuant to Section 4 ( c ) (8) of the Bank Holding Company Act, and to acquire certain assets and assume certain liabilities of the Troy, Alabama branch of First Federal Bank, FSB, Tuscaloosa, Alabama, pursuant to Section 5 ( d ) (3) of the Federal Deposit Insurance Act. Not yet available Section 4 - Applications Not Subject to Federal Register Notice or Newspaper Notice Application No n e . ♦Subject to Provisions of Community Reinvestment. F e d e r a l R e s e r v e B a n k of A t l a n t a A p p l i c a t i o n s B u l l e t i n f o r W e e k E n d i n g M a r c h 20. 1992 Section 10 - Availability of CRA Public Evaluations The CRA public evaluations of the insured depository institutions listed below became available during this week. Information about an institution's CRA evaluation may be obtained directly from the institution. In connection with the assessment of an institution's CRA performance, a rating is assigned from the following groups: Outstanding record of meeting community credit needs: An institution has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of -meeting community credit needs: An institution has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs: An institution needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs: An institution has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Examination Bank None. Rating Date Federal Reserve Bank of Chicago Type Section I - Applications Subject to newspaper Notice Only Ccranent Period Enriinrr nate Application ext Bankers Trust Company Des Moines, Icwa Tait's Foods, 4100 University Des Moines, Icwa* Branch First of America Bank-Ann Arbor N - 4-13-92 Ann Arbor, Michigan 18 contractual branch offices with First of America Bank-Upper Peninsula, N.A. Marquette, Michigan 38 contractual branch offices with First of America Bank-Mid Michigan, N.A. Bay City, Michigan 39 contractual, branch offices with First of America Bank-Michigan, N.A. Kalamazoo, Michigan 71 contractual branch offices with First of America Bank-Southeast Michigan, N.A. Detroit, Michigan* Branch First of America Bank-Central N - 4-13-92 Lansing, Michigan 18 contractual branch offices with First of America Bank-Upper Peninsula, N.A. Marquette, Michigan 38 contractual branch offices with First of America Bank-Mid Michigan, N.A. Bay City, Michigan 39 contractual branch offices with First of America Bank-Michigan, N.A. Kalamazoo, Michigan 71 contractual branch offices with First of America Bank-Southeast Michigan, N.A. Detroit, Michigan* Branch First of America Bank-Northern Michigan N - 4-13-92 Traverse City, Michigan 18 contractual branch offices with First of America Bank-Upper Peninsula, N.A. Marquette, Michigan 38 contractual branch offices with First of America Bank-Mid Michigan, N.A. Bay City, Michigan 39 contractual branch offices with First of America Bank-Michigan, N.A. Kalamazoo, Michigan 71 contractual branch offices with First of America Bank-Southeast Michigan, N.A. Detroit, Michigan* N - ** Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only lContinued! Comment Period Application Bnriinq Date Branch Branch EET EFT Merger/24A First of America Bank-West Michigan N - 4-13-92 Grand Rapids, Michigan 18 contractual branch offices with First of America Bank-Upper Peninsula, N.A. Marquette, Michigan 38 contractual branch offices with First of America Bank-Mid Michigan, N.A. Bay City, Michigan 39 contractual branch offices with First of America Bank-Michigan, N.A. Kalamazoo, Michigan 71 contractual branch offices with First of America Bank-Southeast Michigan, N.A. Detroit, Michigan* Security Bank and Trust Ccqpany N - 4-13-92 Southgate, Michigan 18 contractual branch offices with First of America Bank-Upper Peninsula, N.A. Marquette, Michigan 38 contractual, branch offices with First of America Bank-Mid Michigan, N.A. Bay City, Michigan 39 contractual branch offices with First of America Bank-Michigan, N.A. Kalamazoo, Michigan 71 contractual branch offices with First of America Bank-Southeast Michigan, N.A. Detroit, Michigan* Bankers Trust Company Des Moines, Iowa Kum-N-Go, 50th & E.P. Trust Parkway West Des Moines, Iowa* N - 4-1-92 Sparta State Bank Sparta, Michigan Great Day Foods, 565 S. State Street Sparta, Michigan* N - ** Old Kent Bank and Trust Cccpany Grand Rapids, Michigan Great Takes Bancorp, F.S.B. Ann Arbor, Michigan N - 4-3-92 Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only (Continued! Type Application Branches Old Kent Bank and Trust Company Grand Rapids, Michigan 201 S. Washington Square Lansing, Michigan 2380 N. Cedar, Suite 2 Holt, Michigan 303 Abbott Road East Lansing, Michigan 4990 Marsh Road Okemos, Michigan 6334 W. Saginaw Street Lansing, Michigan* T£pe Y-2 Y-2 Y-2 Comment Period Ending Date N - 4-3-92 Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending nate Application KSAD, Inc. Council Bluffs, Iowa Nevada National Co. Omaha, Nebraska Nevada National Bank Nevada, Iowa* ER - 3-30-92 N - ** KSAD, In c . C ouncil B lu ffs, Iowa Rainwood C orporation Omaha, N ebraska V alley S ta te Bank Rock V alley , Iowa* KSAD, In c . FR - 3-30-92 N - ** Council Bluffs, Iowa Williamsburg Holding Company Omaha, Nebraska Security Savings Bank Williamsburg, Icwa* N FR - 3-30-92 - ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both newspaper and Federal Register Notice (Continued) Ccranent Period Type Application 7-2 Peotone Bancorp, Inc. Peotone, Illinois Rock River Bancorporation, Inc Oregon, Illinois Rock River Bank Oregon, Illinois* ER - 3-31-92 N - 4-5-92 7-1 First Ccnnunity Bancshares Carp. Anamosa, Icwa Leseraal Corporation Anamosa, Icwa Citizens Savings Bank Anamosa, Iowa* ER - 4-6-92 N - ** 7-2 Princeton National Bancorp, Inc. FR - 4-6-92 Princeton, Illinois N - ** Illinois Valley Bancshares, Inc. Princeton, Illinois Colonial Bank and Trust Co. of Bureau County Princeton, Illinois Colonial Bank and Trust Co. of InSalle County Peru, Illinois* 7-2 State Financial Services Corporation Hales Corner, Wisconsin Easthnook State Bank Brookfield, Wisconsin* ER - 4-6-92 N - 3-28-92 7-1 First State Bancshares, Inc. New London, Wisconsin First State Bank New London, Wisconsin* ER - 2-20-92 N - 2-24-92 7-1 G.R. Bancorp, Ltd. Grand Ridge, Illinois The First National Bank of Grand Ridge Grand Ridge, Illinois* ER - ** N - ** 7-2 Prairie Bancorp, Inc. Manlius, Illinois First Hanover Bancorp, Inc. Hanover, Illinois Hanover State Bank Hanover, Illinois* ER - 3-23-92 N - 3-7-92 Ending Hate Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only Cannent Period Ending Date Type Application 4(c)(8) Honor Bancorp, Inc. Honor, Michigan Honor Recovery Agency Honor, Michigan 4(c)(8) Marquette National Corporation FR - 4-6-92 Chicago, Illinois Marquette Community Development Corporation Chicago, Illinois 4(c)(8) First Farmers Financial Corporation Converse, Indiana Personalized Tax Services Converse, Indiana FR - ** 4(c)(8) Alpha Financial Group, Inc. Minonk, Illinois Ghiglieri Insurance Agency Toluca, Illinois - to engage in insurance agency activities FR - 3-17-92 FR - 4-6-92 Section IV - Applications Not Subject to Federal Register or Newspaper Notice Type Application RoS Guthrie County Bancshares, Inc. Guthrie Center, Icwa To redean 1,466 shares outstanding common stock from C. K. Batschelet N FR * ** - Newspaper Federal Register Subject to Provisions of Community Reinvestment Act Not available at this time A V A IL A B IL IT Y OF CRA PUBLIC EVALUATIONS Tha following atata mambar banka hava baan axarninad by tha Fadaral Raaarva Bank of Chicago for complianca with tha CRA. Tha 30-buainasa day pariod tha bank haa to maka tha avaluation public haa lapaad during tha waek anding March 20, 1992. If you ara intaraatad in obtaining a copy of the evaluation document, pleaaa contact tha bank(B) directly. Identification of Ratinca 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 RATING -Farmers State Bank of Western Illinois P.O. Box 524 New Windsor, Illinois 61465 (309) 529-4361 12/02/91 S -Old Kent Bank of Gaylord 123 West Main Gaylord, Michigan 49735 (517)732-2411 11/18/91 S -Hinsbrook Bank & Trust 6262 South Route 83 Willowbrook, Illinois (708) 655-2700 11/25/91 NI -The Glenwood State Bank 32 North Walnut, P.O. Box 431 Glenwood, Iowa 51534 (712) 527-3157 12/02/92 S -The Rock Island Bank 230 18th Street Rock Island, Illinois (309) 794-1120 12/16/91 s 60514 61204 AVAILABILITY OF CRA PUBLIC EVALUATIONS PAGE TWO WEEK ENDING MARCH 20, 1992 REVISED COPY -Marine Bank of Bloomington-Normal 2404 East Oakland Avenue Bloomington, Illinois 61702-1246 (309) 664-9000 11/25/91 S -Citizens Commercial S Savings Bank One Citizens Banking Center Flint, Michigan 48502 (313) 766-7500 12/10/91 S -The State Bank of Viroqua 101 North Main Street Viroqua, Wisconsin 54665 (608) 637-3127 12/16/91 S Federal Reserve Bank of St. Louis FOR THE WEEK ENDING MARCH 20, 1992 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE Application End of Comment Period None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application End of Comment Period Change in control notification involving Southeast Arkansas Bank Holding Company, Lake Village, Arkansas by Charles Weissinger, Jr. , Anne W. Weissinger, Martha W. Weissinger, and Margaret W. Wynn Not yet available Section 3(a)(1) application by Friendship Bancshares, Inc., Meta, Missouri to acquire Mid America Bank, Linn, Missouri Not yet available SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application End of Comment Period Section 4(c)(8) application by Old National Bancorp, Evansville, Indiana to acquire Southern Illinois Holding Company, Harrisburg, Illinois, thereby acquiring its subsidiary Bank South, a Federal Savings Bank, Harrisburg, Illinois Not yet available SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Application End of Comment Period None. This application is subject to CRA. FEDERAL RESERVE BANK OF ST. LOUIS St. Louis, Missouri AVAILABILITY OF CRA PUBLIC DISCLOSURES Identification o f Ratings: Outstanding record o f meeting community 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 meeting community credit needs A n institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs o f its entire delineated community, including low- and moderate- income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record o f meeting community credit needs 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 noncompliance in meeting community 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 None March 20, 1992 Bank Address Examination Date Examination Rating F E D E R A L R E S E R V E B A N K OF M I N N E A P O L I S Section I - Applications Subject to Newspaper Notice OnlyComment Period Ending Date Application None. Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Calvin W. Clark To increase his ownership interest from 17.2% to 35.0% of the voting shares of Pine City Bancorporation, Pine City, Mn. 4-13-92 (Federal Register) Harlan H. Smith To increase his ownership interest from 24.63% to 26.08% of the voting shares of Farmers State Holding Company, Marion, S D . Not yet available Lake Elmo Bank Profit Sharing Plan and the Lake Elmo Bank Profit Sharing Trust Lake Elmo, MN To acquire 6.52% of the voting shares of Lake Elmo Bank, Lake Elmo, MN* Country Bankers, Inc. Blooming Prairie, MN To acquire 100% of the voting shares of Citizens State Bank of Hayfield, Hayfield, MN and 95% of the voting shares of Merchants State Bank of Blooming Prairie, Blooming Prairie, MN* * Subject to CRA Not yet available Not yet available F E D E R A L R E S E R V E B A N K OF M I N N E A P O L I S Section III - Applications Subject to Federal Register Notice OnlyComment Period Ending Date Application Norwest Corporation Mpls, MN To engage in combining data processing, data transmission services, facilities and data bases to local boards of realty and their members through the acquisi tion of U.S. Recognition, Inc., Ringwood, New Jersey. Not yet available Big Sioux Financial, Inc. Estelline, SD To engage in general insurance agency activities through the acquisition of the assets of Hamlin County Agency, Hayti, South Dakota. 4-6-92 Community First Bankshares, Inc. Fargo, ND To engage in general insurance agency activities through the acquisition of Community Insurance, Inc., Fargo, ND. 4-13-92 Montana Bancsystem, Inc, Billings, MT To engage in making and serving loans. Not yet available Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Security Bancshares, Inc. Dunseith, ND To redeem 21% of its voting shares. Central Montana Bancorporation Roundup, MT To redeem 18.68% of its voting shares. FEDERAL RESERVE BANK OF MINNEAPOLIS Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice (Continued) Lake Elmo Bancorp., Inc. Lake Elmo, MN To redeem 13.60% of its voting shares. Lake Elmo Bank Profit Sharing and the Lake Elmo Bank Profit Sharing Trust Lake Elmo, MN To redeem 16.84% of its net assets. FEDERAL RESERVE BANK OF MINNEAPOLIS Section V - Availability of CRA Public Evaluations week ending March 20, 1992 ASSIGNMENT OF RATING Identification of Ratings In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following groups: OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low-and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANK (S ) EXAMINED DATE OF EXAMINATION CRA RATING First Security Bank P. 0. Box 277 Laurel, MT 59044 (406) 628-4318 January 14, 1992 Satisfactory Grand P. 0. Grand (218) December 9, 1991 Satisfactory Rapids State Bank Box 409 Rapids, MN 55744 326-9414 North Shore Bank of Commerce 131 W. Superior Street Duluth, MN 55802 (218) 722-4784 December 16, 1991 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 Arlington State Banc Holding Company, Arlington, Nebraska, for prior approval to become a bank holding company through the acquisition of 100 percent of the voting shares of Arlington State Bank, Arlington, Nebraska.* Not Available Charles Dutcher, Wichita, Kansas, for approval to increase his ownership of the common voting shares of Yoder Bankshares, Inc., Yoder, Kansas, from 5.56 percent to 72.74 percent. Not Available SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE None. SECTION IV ~ APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION Central Kansas Bankshares, Inc., Hutchinson, Kansas, for prior approval to redeem 8,002 shares of its own 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: Federal Reserve Bank of Kansas City Outstanding record of meeting community credit needs An institution in this group has an outstanding record of, and is a lender in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in an 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 Exam Date None.* *Application is subject to CRA. CRA Public Date CRA Rating FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF MARCH 16, 1992 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP ♦Section 9 application received from Central Bank, Monroe, LA, to establish a branch at 2348 Sterlington Road, Monroe, LA 92/04/03 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP * Change in Control Notice by David Neal Walthall, Plano, TX, to acquire an interest in Equitable Bankshares, Inc., Dallas, TX (Previously reported during the week of 2-10-92) ♦Section 3(a)(3) application by Northwest Bancorporation, Inc., Houston, TX, to acquire South Main Bank, Houston, TX 92/03/25 92/04/17 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. * SUBJECT TO CRA. ** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY. N/A - NOT AVAILABLE AT THIS TIME. SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS FOR THE WEEK OF MARCH 16, 1992 Outstanding record of meeting community credit needs. An institution in this group has an outstanding leader in, ascertaining and helping to meet the entire delineated community, including lowneighborhoods, in a manner consistent with capabilities. record of, and is a credit needs of its and moderate-income its resources and Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to Improve record of meeting community credit needs. An institution in this group need to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial Noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Bank None. Date of Examination CRA Rating FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 3/20/92 Section I - Applications Subject to Newspaper Notice Only A d d Iication Comment Period Ending Date Valley Bank of Nevada, Las Vegas, Nevada, to merge with Security Pacific Bank Nevada, N.A., Las Vegas, Nevada, under the title and charter of Valley Bank of Nevada. * Newspaper: 4/15/92 Section II - Applications Subject to Both Newspaper and Federal Register Notice Dr. Joel N. Kovner, Pacific Palasades, California, to acquire up to 24.9 percent of Professional Bancorp, Inc., Santa Monica, California. Newspaper: 4/02/92 Fed. Reg.: 4/09/92 Section III - Applications Subject to Federal Register Notice Only BankAmerica Corporation, San Francisco, California, to engage in nonbaking activities through the acquisition of H.F. Holdings, Inc., Marina del Rey, California. Fed. Rea.: Not yet published Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice None * Subject to CRA FEDERAL RESERVE BANK OF SAN FRANCISCO (cont’d.) Week ending 3/20/92 Section V - Availability of CRA Public Evaluations The CRA public evaluations of the institution(s) below became available during the week ending March 2-, 1992. Information about a particular institution’s CRA evaluation may be obtained directly from the institution. Institution Location Examination Date Rating* None * Under the rating system an institution’s CRA performance is assigned one of the following four ratings: Outstanding record of meeting community credit needs: An institution has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs: An institution has a satisfactory record of ascertaining and meeting the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs: An institution needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- to 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.
@FedFRASER