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ANNOUNCEMENT B O A R D OF G O V E R N O R S OF T H E FEDERAL RESERVE SYSTEM H.2, 1991, No. 12 A c t i o n s of the Board, its Staff, and the Fe d e r a l R e s e r v e Banks; A p p l i c a t i o n s and R e p o r t s R e c e i v e d D u r i n g the W e e k E n d i n g M a r c h 23, 1991 ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK BRANCHES. DOMESTIC Fifth Third Bank. Cincinnati. Ohio — to establish branches at 9990 Montgomery Road and 6150 Glenway Avenue. Cincinnati; and 11905 Superior Avenue. Cleveland; and 73 customer bank communication terminals throughout Ohio; and Fifth Third Bank, Columbus, Ohio — to establish a branch at 250 Wilson Road, and 21 CBCTs throughout Ohio. Approved, March 22, 1991. BANK HOLDING COMPANIES Citicorp, Holding De Anza Approved, New York, New York — to acquire De Anza Corporation, Sunnyvale, California, and Bank. March 18, 1991. Citicorp, New York, New York — to acquire Brookfield Bancshares Corporation, Brookfield, Illinois, and Brookfield Federal Bank for Savings. Approved, March 18, 1991. Key Centurion Bancshares, Inc., Charleston, West Virginia — to acquire Southern Bankshares, Inc., Beckley, West Virginia, Beckley National Bank, M & M Financial Corporation, Oak Hill, West Virginia, and Merchants & Miners National Bank of Oak Hill. Approved, March 18, 1991. FORMS Changes in Foreign Investments Report (FR 2064) — extension. Proposed, March 18, 1991. Intermittent Survey of Households (FR 3016) — extension. Proposed, March 19, 1991. Regulation K Notification (FR 4002) — Proposed, March 19, 1991. extension. Regulation K Requirements for Applications and Prior Notifications (FR K-1) — extension. Proposed, March 18, 1991. H.2 MARCH 18, 1991 PAGE 2 TO MARCH 22, 1991 ACTIONS TAKEN BY THE BOARD OF GOVERNORS FORMS Report of Intercompany Transactions for Foreign Banking Organizations and Their U.S. Banking Subsidiaries CFR Y-8f) — extension. Proposed, March 18, 1991 . 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 HOLDING COMPANIES New York Bankers Trust New York Corporation, New York, New York — to engage de novo in trust company activities through Bankers Trust Company New York Limited. Permitted, March 21, 1991. New York Credit Lyonnais, Paris, France — to retain shares of IMRS, Inc., Stamford, Connecticut, and engage in the development and marketing of financial management software. Permitted, March 22, 1991. Cleveland ENFIN, Inc., Solon, Ohio — Bank. Approved, March 21, 1991. Minneapolis First Bancshares of Valley City, Inc., Valley City, North Dakota — to acquire Litchville State Bank Holding Company, Litchville, North Dakota. Approved, March 22, 1991. S t . Louis First State Bancorp, Inc., Caruthersville, Missouri — to acquire Farmers Bank of Portageville, Portageville, Missouri. Approved, March 22, 1991. to acquire Enterprise H .2 MARCH 18, 1991 PAGE 3 TO MARCH 22, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago Jefferson County Bancorp, Inc., Jefferson, Wisconsin — to acquire Jefferson County Bank. Approved, March 19, 1991. Minneapolis Norwest Corporation, Minneapolis, Minnesota — to acquire Simons and Gregoire Agency, Inc., Marshall, Minnesota. Approved, March 18, 1991. Boston Sandwich Bancorp, Inc., Sandwich, Massachusetts — acquire Sandwich Co-operative Bank. Withdrawn, March 21, 1991. Atlanta Synovus Financial Corporation, Columbus, Georgia — to acquire Citizens Federal Savings and Loan Association of Rome, Rome, Georgia. Approved, March 22, 1991. New York U.S.B. Holding Company, Inc., Nanuet, New York — to acquire shares of The New Milford Bank and Trust Company, Inc., New Milford, Connecticut. Approved, March 19, 1991. Kansas City United Bancshares, Inc., Lincoln, Nebraska — to acquire Vistar Financial Services, Inc., and engage de novo in finance company activities. Permitted, March 19, 1991. to BANK MERGERS Chicago Comerica Bank - Detroit, Detroit, Michigan — to merge with Comerica Bank, National Association, Jackson, Michigan, and to establish branches. Approved, March 22, 1991. Chicago Union Bank / Streator* Streator, Illinois — to merge with Ottawa National Bank, Ottawa, Illinois, and to establish branches. Approved, March 22, 1991 . H .2 MARCH 18, 1991 PAGE 4 TO MARCH 22, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK PREMISES Chicago Comerica Bank - Detroit, Detroit, Michigan — investment in bank premises. Approved, March 21, 1991. Chicago Marine Bank of Springfield, Springfield, Illinois investment in bank premises. Approved, March 20, 1991. Cleveland Ohio Bank, Findlay, Ohio — premises. Approved, March 21, 1991. Chicago Union Bank / Streator, Streator, Illinois — investment in bank premises. Approved, March 22, 1991. investment in bank CAPITAL STOCK Minneapolis Dickinson Bancorporation, Inc., Dickinson, North Dakota — redemption of shares. Permitted, March 20, 1991. Chicago Financial Services Corporation of the Midwest, Rock Island, Illinois — redemption of shares. Permitted, March 21, 1991. CHANGE IN BANK CONTROL Kansas City Blue Ridge Bancshares, Inc., Kansas City, Missouri change in bank control. Permitted, March 22, 1991. Minneapolis Merchants & Miners Bancshares, Inc., Hibbing, Minnesota — change in bank control. Permitted, March 21, 1991. COMPETITIVE FACTORS REPORTS Chicago Affiliate Bank / Franklin Park, Franklin Park, Illinois, proposed merger with State Bank of Lake Zurich, Lake Zurich, Illinois — report on competitive factors. Submitted, March 21, 1991. H.2 MARCH 18, 1991 PAGE 5 TO MARCH 22, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Chicago American National Bank and Trust Company of Chicago, Chicago, Illinois, proposed purchase of certain assets and assumption of certain liabilities of American National Bank of Melrose Park, Melrose Park, Illinois — report on competitive factors. Submitted, March 19, 1991. Chicago American National Bank and Trust Company of Chicago, Chicago, Illinois, proposed merger with American National Bank of Lisle, Lisle, Illinois — report on competitive factors. Submitted, March 19, 1991. Atlanta Bankers First Federal Savings & Loan Association, Augusta, Georgia, proposed purchase of certain assets and assumption of certain liabilities of the Sandersville, Georgia, branch of Athens Federal Savings Bank, Athens, Georgia — report on competitive factors. Submitted, March 18, 1991. New York Chase Manhattan Bank, N.A., New York, New York, proposed purchase of certain assets and assumption of certain liabilities of Columbia Federal Savings Bank, Woodhaven, New York — report on competitive factors. Submitted, March 18, 1991. Atlanta Citizens Bank and Trust, Inc., Trenton, Georgia, proposed merger with TAG Interim, Inc. — report on compet it ive factors. Submitted, March 18, 1991. Atlanta Citizens Bank of Wakulla, Crawfordville, Florida, proposed merger with CBW Bank Interim — report on competitive factors. Submitted, March 18, 1991. Chicago Citizens National Bank of Darlington, Darlington, Wisconsin, proposed merger with New Citizens National Bank of Darlington — report on competitive factors. Submitted, March 18, 1991. H.2 MARCH 18, 1991 PAGE 6 TO MARCH 22, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Atlanta Fayette County Bancshares, Peachtree City, Georgia, proposed acquisition of the Fayetteville, Georgia, branch of Anchor Savings Bank, FSB, Northport, New York — report on competitive factors. Submitted, March 20, 1991. Atlanta Fayette County Bank, Peachtree City, Georgia, proposed merger with Fayette County Interim Savings and Loan Association -- report on competitive factors. Submitted, March 20, 1991. New York First Fidelity Bank, Princeton, Monmouth Junction, New Jersey, proposed merger with First Fidelity Bank, N.A., New Jersey, Newark, New Jersey — report on competitive factors. Submitted, March 19, 1991 . Chicago First Interstate Bank of Mason City, Mason City, Iowa, proposed merger with First Interstate Bank of Algona, Algona, Iowa — report on competitive factors. Submitted, March 21, 1991. Chicago First Interstate Bank of Mason City, Mason City, Iowa, proposed merger with First Interstate Bank of Cresco, N.A., Cresco, Iowa — report on competitive factors. Submitted, March 21, 1991. Richmond Homestead Savings Bank, F.S.B., Portsmouth, Virginia, proposed acquisition of the Portsmouth branch of First American Bank of Virginia, MacLean, Virginia — report on competitive factors. Submitted, March 20, 1991. Chicago Liberty Bank & Trust, Forest City, Iowa, proposed merger with Liberty Bank & Trust, Thompson, Iowa — report on competitive factors. Submitted, March 19, 1991. H .2 MARCH 18, 1991 PAGE 7 TO MARCH 22, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Chicago Oak Brook Bank / Liberty, Broadview, Illinois, proposed merger with First Oak Brook Bank / Addison, Addison, Illinois, and First Oak Brook Bank, Oak Brook, Illinois -- report on competitive factors. Submitted, March 19, 1991. Kansas City Plattsmouth State Bank, Plattsmouth, Nebraska, proposed assumption of the deposit liabilities of the Plattsmouth branch of FirsTier Bank, N.A., Omaha, Nebraska — report on competitive factors. Submitted, March 21, 1991. S t . Louis Pocahontas Federal Mutual Holding Company, Inc., Pocahontas, Arkansas, proposed acquisition of Pocahontas Federal Savings Association -- report on competitive factors. Submitted, March 20, 1991 . Boston Tolland Bank, Tolland, Connecticut, proposed acquisition of certain assets and assumption of certain liabilities of the Stafford Springs, Connecticut, branch of BayBank Connecticut, N.A., Hartford, Connecticut — report on competitive factors. Submitted, March 19, 1991. San Francisco Tri-Valley National Bank, Dublin, California, proposed consolidation with Northern Trust of California, National Association, Santa Barbara, California — report on competitive factors. Submitted, March 22, 1991. EXTENSIONS OF TIME San Francisco BankAmerica Corporation, San Francisco, California -extension to divest certain property. Granted, March 20, 1991. H.2 MARCH 18, 1991 PAGE 8 TO MARCH 22, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME San Francisco First Interstate Bank of California, Los Angeles, California — extension to April 14, 1992, to establish a branch in the vicinity of the intersection of Highway 14 and Avenue P, Palmdale, California. B Granted, March 22, 1991. Chicago First Midwest Corporation of Delaware, Elmwood Park, Park, Illinois — extension to July 1, 1991, to activate the charter of Midwest Bank and Trust Company of DuPage County, East St. Louis, Illinois, and to relocate the bank to Hinsdale, Illinois. Granted, March 20, 1991. Chicago Marshall & Ilsley Corporation, Milwaukee, Wisconsin, extension to June 15, 1991, to acquire M&I Bank of Oconomowoc, Oconomowoc, Wisconsin. Granted, March 22, 1991. Richmond NCNB Corporation, Charlotte, North Carolina — extension to June 24, 1991, to engage in asset management, servicing, and collection activities through FRM, Inc., Dallas, Texas. Granted, March 22, 1991. Cleveland Provident Bancorp, Inc., Cincinnati, Ohio -extension to June 21, 1991, to acquire Suburban Federal Savings and Loan Association, Covington, Kentucky. Granted, March 21, 1991. Kansas City Security Corporation, Duncan, Oklahoma — extension to June 26, 1991, to acquire Security Exchange Bancorp, Inc., Duncan, Oklahoma; Exchange Financial Corporation, Ardmore, Oklahoma; and Charter Bancshares, Inc., Oklahoma City, Oklahoma. Granted, March 22, 1991. San Francisco Security Pacific Corporation, Los Angeles, California — extension to divest certain property. Granted, March 22, 1991. H .2 MARCH 18, 1991 PAGE 9 TO MARCH 22, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY INTERNATIONAL OPERATIONS Cleveland Bank One, Milwaukee, N.A., Milwaukee, Wisconsin — to establish a branch in Grand Cayman, Cayman Islands, British West Indies. Approved, March 21, 1991. Staff Director BS&R Citibank Overseas Investment Corporation, New Castle, Delaware — investment in Citibank Limited, Sydney, Australia. Permitted, March 18, 1991. Minneapolis Norwest Bank Minnesota, N.A., Minneapolis, Minnesota — to establish branches of Norwest Bank International Iowa, Minneapolis, Minnesota, in Des Moines and Cedar Rapids, Iowa. Approved, March 20, 1991. Minneapolis Norwest Corporation, Minneapolis, Minnesota — to establish Norwest Bank International Iowa, Minneapolis, Minnesota, an Edge Act corporation. Approved, March 20, 1991. Cleveland Enterprise Bank, Solon, Ohio, to become a member of the Federal Reserve System. Approved, March 21, 1991. MEMBERSHIP RESERVE BANK OPERATIONS GC Federal Reserve Bank of New York — amendment of fiscal agency agreement in connection with proposed issue of bonds by the International Bank for Reconstruction and Development. Approved, March 18, 1991. H .2 MARCH 18, 1991 PAGE 10 ADDITIONS AND CORRECTIONS TO MARCH 22, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Minneapolis American Bank and Trust Company of Moorhead, Moorhead, Minnesota, proposed merger with Farmers State Bank of Rothsay, Rothsay, Minnesota — report on competitive factors. Submitted, March 11, 1991. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS S E C T I O N I - A P P L I C A T I O N S S U B J E C T TO N E W S P A P E R N O T I C E O NLY Application C o m m e n t P e r i o d E n d i n g Date NONE S E C T I O N II - A P P L I C A T I O N S S U B J E C T TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE C o m m e n t P e r i o d E n d i n g Date Application Newspaper S a n d w i c h Bancorp, I n c . , Sandwich, M a s s a c h u s e t t s - 3(a)(1) a p p l i c a t i o n to a c q u i r e The S a n d w i c h C o o p e r a t i v e Bank, Sandwich, M a s s a c h u s e t t s * Withdrawn Federal R e g i s t e r 03-21-91 S E C T I O N III ~ A P P L I C A T I O N S S U B J E C T TO F E D E R A L R E G I S T E R N O T I C E ONL Y Application C o m m e n t P e r i o d E n d i n g Date NONE S E C T I O N IV - A P P L I C A T I O N S NOT S U B J E C T TO F E D E R A L R E G I S T E R OR N E W S P A P E R N O T I C E Application NONE S E C T I O N V - A V A I L A B I L I T Y OF CRA P U B L I C E V A L U A T I O N S NONE *S u b j e c t to C R A 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 None. SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) Cornpagnie de Suez and Banque Indosuez, both of Paris, France to engage through their indirect subsidiary, Indosuez Carr Futures Inc., in the execution and clearance of certain energy futures contracts and options on those futures contracts and in the provision of incidental investment advice with respect to those futures and options contracts. 4/10/91 Monte dei Paschi di Siena, Siena, Italy to engage de novo through its indirect subsidiary, International Banking Information Systems Limited, New York, New York, in data processing activities. 4/9/91 Banco Mexicano Somex, S.N.C., Mexico to engage through its subsidiary, Somex Payment Systems, Inc., New York, New York, in receiving money for transmission to a foreign county by the issuance and sale of certain variably denominated payment instruments. N/A The Industrial Bank of Japan, Limited, Tokyo, Japan to engage through its subsidiary, IBJ Securities (USA) Inc., New York, New York, in underwriting and dealing certain eligible and ineligible securities, acting as agent in private placement of all types of securities and as riskless principal, and buying and selling for its own account futures, forwards, options and options on futures contracts on eligible and ineligible securities for hedging purposes. N/A SECTION III (cant'd) Nonbanking Applications (Subject to Federal Register Notice Only) The Sumitomo Trust & Banking Company Limited, Tokyo, Japan to engage de novo through its subsidiary, STB Corporate Development Inc., Houston, Texas, in certain financial advisory activities. 4/15/91 Harmonia Bancorp, Inc., Kenilworth, New Jersey to engage de novo in certain commercial finance activities. N/A SECTION IV Applications Not Involving ______ Public Comment______ None. Availability of CRA Public Evaluations March 17. 1991 through March 23. 1991 NAME O F BANK EXAMINATION DATE Morgan Guaranty Trust Company of New York New York, New York August 6, 1990 Peapack-Gladstone Bank Gladstone, New Jersey August 20, 1990 1/ Subject to provisions of Community Reinvestment Act. 2/ 3/ 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. N/A - Not Available Date specified in Federal Register notice; a later date may be specified in the newspaper notice. 4/ F E D E R A L R E S E R V E B A N K OF P H I L A D E L P H I A SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Comment Period Ending Date National Penn Bancsharesf Inc., Boyertown, PA notice by James K. Overstreet to own 10.1% of the common stock of National Penn Bancshares, Inc., pursuant to the Change in Bank Control Act of 1978. Federal Register: Newspaper: 3/25/91 4/3/91 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Comment Period Ending Date CoreStates Financial Corp., Philadelphia, PA requests permission to expand de novo to a nationwide basis the geographical service area of its existing subsidiary, Signal Financial Corporation, Pittsburgh, PA, which engages in activities pursuant to Section 4(c)(8) of the BHC Act, and Sections 225.25(b)(1) and 225.25(b)(8) of Regulation Y. 4/8/91 Dauphin Deposit Corporation, Harrisburg, PA to acquire 100% of Hopper Soliday & Co., Inc., Philadelphia, 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. SECTION V ~ AVAILABILITY OF CRA PUBLIC EVALUATIONS For week endincr 3/22/91 Institutions Founders' Bank Bryn Mawr, PA Examination Date 2/5/91 Federal Reserve Bank of Cleveland A p p lic a tio n s B u lle tin F o r Week E n d in g M arch 2 3 1991 , SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY R e c e i v e d a p p l i c a t i o n on F e b r u a r y 25, 1991, from S t a r Bank, N o r t h e r n Kentucky, Covington, Kentucky, to m e r g e w i t h Star Bank, N a t i o n a l Associ a t i o n , Newport, Kentucky, p u r s u a n t to S e c t i o n 18(c) of The Federal Depo s i t I n s u r a n c e Act. R e c e i v e d a p p l i c a t i o n on F e b r u a r y 27, 1991, from S o c i e t y B a n k & Trust, Toledo, Ohio, for p e r m i s s i o n to e s t a b l i s h a CBCT b r a n c h at F i n d l a y V i l l a g e Mall, 1800 T i f f i n - F i n d l a y Road, Findlay, Ohio. * M a r c h 29, 1991 * A p r i l 5, 1991 SECTION I I - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE N ONE SECTION I I I - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY R e c e i v e d S e c t i o n 4(c)(8) a p p l i c a t i o n on M a r c h 13, 1991 from M i d Am, Inc., B o w l i n g Green, Ohio, to a c q u i r e C i t i z e n s Federal S a v i n g s and Loan Association, Bellefontaine, Ohio. * # N F - Ap r i l 8, 1991 S u b j e c t to CR A E x p e c t e d to end a p p r o x i m a t e l y 30 days from the d a t e of r e c e i p t N e w s p a p e r C o m m e n t Pe r i o d F ederal R e g i s t e r C o m m e n t Pe r i o d A p p lic a tio n s B u lle tin F o r Week E n d in g M arch 2 3 , 1 9 9 1 SECTION I I I - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY ( C o n t . ) R e c e i v e d S e c t i o n 4(c)(8) N o t i f i c a t i o n on M a r c h 14, 1991 from I ntegra Financial Corporation, Pittsburgh, Pennsylvania, of its i n tent to e n g a g e in n o n - d e p o s i t o r y l e n d i n g a c t i v i t i e s p u r s u a n t to S e c t i o n 225.25(b)(1) of R e g u l a t i o n Y t h r o u g h its w h o l l y - o w n e d subsidiary, Integra L e a s i n g Company. A p r i l 10, 1991 R e c e i v e d S e c t i o n 4(c)(8) a p p l i c a t i o n on Apr i l 10, M a r c h 15, 1991 from Fir s t Financial Bancorp., Monroe, Ohio, to a c q u i r e Home Federal Bank, F.S.B., Hamilton, Ohio. 1991 SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE R e c e i v e d n o t i c e on M a r c h 20, 1991 from M e l l o n O v e r s e a s I n v e s t m e n t Corporation, Pittsburgh, Pennsylvania, of its intent to m a k e an i n v e s t m e n t in P a l o m a r P a r t n e r s Limited, London, England, a c o mpany w h i c h will act as an in v e s t m e n t a d v i s o r by p r o v i d i n g p o r t f o l i o i n v e stment a d vice and p o r t f o l i o m a n a g e m e n t in a m a n n e r p e r m i t t e d by S e c t i o n 211.4(e)(7) of R e g u l a t i o n K.* * # N F - S u b j e c t to C R A E x p e c t e d to end a p p r o x i m a t e l y 30 days from the d a t e of r e c e i p t N e w s p a p e r C o m m e n t Period Fe d e r a l R e g i s t e r C o m m e n t Period AVAILABILITY OF CRA PUBLIC EVALUATIONS (March 22, 1991) T h e f o l l o w i n g s t a t e m e m b e r b a n k s h a v e b e e n e x a m i n e d b y t h e Federal Reserve B a n k of C l e v e l a n d for c o m p l i a n c e w i t h T h e C o m m u n i t y R e i n v e s t m e n t Act. A p u b l i c e v a l u a t i o n d o c u m e n t is a v a i l a b l e from the bank(s) l i s t e d below. If y o u are i n t e r e s t e d in o b t a i n i n g a copy of an e v a l u a t i o n document, please contact t h e bank(s) directly. Lorain County Bank 124 M i d d l e A v e n u e Elyria, O h i o 44036 (216) 3 2 9 - 8 0 0 0 Examined: D e c e m b e r 10, 1990 Federal Reserve Bank of Richmond 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 IIP - Applications Subject to Federal Register Notice Application Comment Period Ending Date FCNB Corp., Frederick, Maryland, to acquire three branches of Equitable Federal Savings Bank, Wheaton, Maryland, through an interim thrift.* Not yet available. Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None. *Application is subject to CRA. Federal Reserve Bank of Richmond Availability of CRA Public Evaluations Week ending March 22, 1991 Examination Date None. F e deral 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 for W e e k E n d i n g M a r c h 22. 1991 S e c t i o n 1 - A p p l i c a t i o n s Su b j e c t to N e w s p a p e r N o t i c e O n l y Application C o m m e n t P e r i o d E n d i n g Date Bank Independent Sheffield, A l a b a m a To e s t a b l i s h a b r a n c h o f fice to be k n o w n as F o o d M a x #78 - F l o r e n c e Square, lo c a t e d at Cox C r e e k Parkway, H i g h w a y s 133 and 72, Florence, Alabama. Not yet available S e c t i o n 2 - A p p l i c a t i o n s S u b j e c t To Both N e w s p a p e r and Federal R e g i s t e r N o t i c e Application C o m m e n t P e r i o d E n d i n g Date CBW Bancorp C rawfordville, Flor i d a 1-BHC formation, The C i t i z e n s Bank of Wakulla, Crawfordville, Florida. 0 4 - 15-91 F ederal R e g i s t e r M o u n t a i n B a n k of G e o r g i a Hiawassee, G e o r g i a A f t e r - t h e - f a c t c h a n g e in control by Zell M i l l e r and S h i r l e y C. M i l l e r Blind T r u s t (Edgar H. Sims, Jr., trustee) to retain 25.3 p e r c e n t of the o u t s t a n d i n g shares of c o m m o n stock. Not y e t a v a i l a b l e S e c t i o n 3 - A p p l i c a t i o n s S ubject to F e deral R e g i s t e r N o t i c e O n l y Application S o u t h e r n B a n k Group, Inc. Roswell, G e o r g i a To e n g a g e de n o v o in p e r m i s s i b l e n o n b a n k i n g activities, p u r s u a n t to S e c t i o n s 225.25(b)(1); (b)(4); (b)(5); and ( b ) (13) of R e g u l a t i o n Y. C o m m e n t P e r i o d E n d i n g Date Not yet available Section 4 - Applications Subject Not Subject to F ederal R e g i s t e r N o t i c e or N e w s p a p e r N o t i c e Application None. Section 10 - A v a i l a b i l i t y of C R A P u b l i c E v a l u a t i o n s Bank E x a m i n a t i o n Date Non e Federal Reserve Bank of Chicago Type Branch Section I - Applications Subject to Newspaper Notice Only Comment Period Rndinc Date Application Midwest Guaranty Bank Troy, Michigan N - 4-6-91 33897 Five Mile Road Livonia, Michigan* Membership Colonial Bank of Granite City N - 4-17-91 Sycamore, Illinois (in organization) To become a member in the Federal Reserve System Branch The Farmers State Bank of Waupaca Waupaca, Wisconsin N2699-N2703 County QQ King, Wisconsin* N Merger/ Branches Security Bank of Commerce Hamtramck, Michigan Security Bank St. Clair Shores St. Clair Shores, Michigan 24612 Harper Avenue St. Clair Shores, Michigan 19900 E. Nine Mile Road Clinton Township, Michigan 31320 Harper Avenue Clinton Township, Michigan 35135 Harper Avenue Clinton Township, Michigan* N - ** Branch/ 24A The Farmers Loan and Trust Company Columbia City, Indiana 600 Coliseum Boulevard East Fort Wayne, Indiana* N - ** Branch Midwest Guaranty Bank Troy, Michigan N - 4-6-91 32800 Southfield Road Beverly Hills, Michigan* Branch New Asia Bank Chicago, Illinois 4926 North Broadway Chicago, Illinois* N - ** EFT Bank of Lenawee Adrian, Michigan Comer of U.S. 223 West and South Main Street Adrian, Michigan* n - ** Branch Old Kent Bank and Trust Company Grand Rapids, Michigan 844 East Beltline, N.E. Grand Rapids, Michigan* N - 4-3-91 Federal Reserve Bank of Chicago Section II - Applications Subject Both to Newspaper and Federal Register Notice Comment Period Finding Hate Application Y-l Citizens National Bancorp, Inc. Darlington, Wisconsin The Citizens National Bank of Darlington Darlington, Wisconsin* FR NP 3-25-91 3-25-91 Y-2 First National Bancorp, Inc. Monroe, Wisconsin Citizens State Bank Belleville, Wisconsin* FR NP 3-27-91 3-22-91 GOC-HC Benton Financial Corporation Fowler, Indiana James T. Rainier & Nancy B. Rainier FR NP 4-1-91 3-31-91 Y-2 Midlothian State Bank Employees Stock Ownership Trust Midlothian, Illinois Midlothian State Bank Midlothian, Illinois* FR N 4-10-91 4-1-91 Y-2 Decatur Corporation Leon, Iowa Citizens Bank of Princeton Princeton, Missouri* FR N 4-15-91 Y-2 Sandwich Banco, Inc. FR DeKalb, Illinois N Colonial Bank of Granite City Granite City, Illinois (in organization)* ** ** 4-15-91 Valley Banc Services Carp. St. Charles, Illinois Anchor Bank (in organization) lake Villa, Illinois Mattoon Bank (Charter Only) Mattoon, Illinois* FR N ** Y-l FSB Bancorp Wever, Icwa Farmers Savings Bank Wever, Iowa* FR N 2-4-91 2-8-91 Y-2 Johnson International, Inc. Racine, Wisconsin Biltmore Investors Bank (was Magna Bank of New Holland) New Holland, Illinois* FR N 4-1-91 3-25-91 Y-2 1-25-91 Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Registar Notice (continued) Comment Period Type Application rending Date Y-2 Oakland Financial Services, Inc. FR - 2-22-91 Oakland, Iowa N - 2-24-91 Otoe County Bancorporation, Inc. Lincoln, Nebraska Otoe County Bank and Trust Company (in organization) Lincoln, Nebraska* Y-2 Southwest Company FR - 2-22-91 Sidney, Icwa N - 2-24-91 Otoe County Bancorporation, Inc. Lincoln, Nebraska Otoe County Bank and Trust Company (in organization) Lincoln, Nebraska* Y-l Type High Point Financial Services, Inc. Forreston, Illinois Forreston State Bank Forreston, Illinois* FR - ** N - 3-17-91 Section III - Applications Subject to Federal Rem* star Notice Only Comment Period rending nate Application Y-4 Caisse Nationale De Credit Agricole S.A. Paris, France Credit Agricole Futures, Inc. Chicago, Illinois FR - 4-8-91 Y-4 Manufacturers National Corporation Detroit, Michigan W.Y. Campbell & Company Detroit, Michigan FR - 4-10-91 Federal Reserve Bank of Chicago Section IV - Applications Not Subject to Federal Register or Newspaper Notice Type Application RoS Benton Financial Corporation Fowler, Indiana To repurchase 25,000 shares of common stock N - Newspaper FR - Federal Register * - Subject to Provisions of Community Reinvestment Act ** - Not available at this tin** AVAILABILITY OF CRA PUBLIC DISCLOSURES The following institutions were examined for CRA. The 30-business day period the bank has to make the evaluation public has elapsed. This list covers the week ending Friday, March 22, 1991. BANK NAME/LGCATIGN EXAMINATION DATE -First Trust & Savings Bank Aurelia, Iowa 12/17/90 -Paris Bank and Trust Company Mcmence, Illinois 10/23/90 -Melrose Park Bank and Trust Melrose Park, Illinois 11/19/90 -Linden State Bank 10/09/90 Linden, Indiana Federal Reserve Bank of St. Louis FOR THE WEEK ENDING MARCH 22, 1991 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 * Section 3(a)(3) application by Liberty National Bancorp, Inc., Louisville, Kentucky, to acquire Bank of Lexington and Trust Company, Lexington, Kentucky Not yet available * Section 3(a)(3) application by Adamsville Bancshares, Inc., Adamsville, Tennessee, to acquire Citizens State Bank, Parsons, Tennessee Not yet available * Section 3(a)(3) application by Boatmen* s Bancshares, Inc., St. Louis, Missouri, to acquire First Interstate Bank of Oklahoma, N.A., Oklahoma City, Oklahoma Not yet available SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application End of Comment Period Section 4(c)(8) application by First National Corporation of West Point, West Point, Mississippi, to engage in making and servicing loans through the acquisition of First National Finance Company, West Point, Mississippi Not yet available * This application is subject to CRA. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Application End of Comment Period None. Federal Reserve Bank of St. Louis FOR THE WEEK ENDING MARCH 22, 1991 AVAILABILITY OF CRA PUBLIC DISCLOSURES Bank Name The State Bank of Lima City and State Lima, Illinois Examination Date 12-3-90 FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application None. Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Application Craig C. Wilcox To acquire control of 50% of Wilcox Bancshares, Inc., Grand Rapids, MN 4-8-91 (Federal Register) Section III - Applications Subject to Federal Register Notice Only Application Comment Period Ending Date Commercial Banshares, Inc. Mitchell, SD To acquire Spectrum Life Insurance Company, Mitchell, SD Not yet available First Bancorp, Inc. Huron, SD To engage in general insurance agency activities through the acquisition of the assets of Stapp Insurance Agency, Newell, SD and Brunner Insurance Agency, Nisland, SD 4-2-91 FEDERAL RESERVE BANK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only (Continued) Comment Period Ending Date Application Norwest Corporation, Mpls, MN; Norwest Financial Services, Inc., Des Moines, IA; and Norwest Financial, Inc., Des Moines, IA To engage in operating lease activities through the acquisition of $45 million in equipment held under operating leases by Dial Bank, Sioux Falls, SD Not yet available Norwest Corporation, Mpls, MN; Norwest Financial Services, Inc., Des Moines, IA; and Norwest Financial, Inc., Des Moines, IA To engage in commercial finance activity through the acquisition of AVCO Financial Services of Mississippi, Inc., Irvine, CA 4-15-91 Heron Lake Bancshares, Inc. Heron Lake, MN To engage in general insurance activities through the acquisi tion of Heron Lake Agency, Inc., Heron Lake, MN 4-15-91 Security Richland Bancorporation Miles City, MN To engage de novo in the activity of making and servicing loans. 4-10-91 Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application No n e . FEDERAL RESERVE BANK OF MINNEAPOLIS Section V - Availability of CRA Public Evaluations week ending March 22, 1991 Bank Name None. City/State Examination Date Federal Reserve Bank o f Kansas City S E C T I O N I - A P P L I C A T I O N S SUBJECT TO N E W S P A P E R N O T I C E O N L Y APPLICATION COMMENT PERIOD ENDING DATE None. S E C T I O N II - A P P L I C A T I O N S SU B J E C T T O B O T H NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING DATE D e n n i s Monaghan, Omaha, Nebraska, for prior a p p r o v a l to increase his voting c o ntrol of A s h l a n d Bancshares, Inc., Ashland, Nebraska, by 55.3 percent to 67 percent. Not A v a i l a b l e The W e l d State Company, Ft. Lupton, Colorado, for prior approval to a c q u i r e First Security Bank of Berthoud, Berthoud, Colorado, through the p u r c h a s e of certain assets and a s s u m p t i o n of c ertain liabilities of the B e r t h o u d N ational Bank, Berthoud, Colorado. Not A v a i l a b l e The Nor t h Platte Corporation, Torrington, Wyoming, for prior appr o v a l to a cquire 100 percent of the n o n - v o t i n g shares of p r e ferred stock of The W e l d State Company, Ft. Lupton, Colorado. Not A v a i l a b l e O t o e C o u n t y Bancorporation, Inc., Lincoln, Nebraska, for prior approval to b e come a bank holding company th r o u g h the a c q u i s i t i o n of 100 p e r c e n t of the voting shares of Otoe C o u n t y Bank & Trust Company, Nebraska City, Nebra s k a . * Not A v a i l a b l e O r c h a r d Bancorp., Orchard, Nebraska, for prior appr o v a l to become a bank ho l d i n g co m p a n y through the a c q u i s i t i o n of 80 percent of the v o t i n g shares of Bank of Orchard, Orchard, N ebraska.* Not A v a i l a b l e FEO Investments, Inc., Hoskins, Nebraska, for prior approval to b e c o m e a bank holding company through the a c q u i s i t i o n of 82.9 percent of the voting shares of Commercial State Bank, Hoskins, N e braska.* Not A v a i l a b l e Ce n t r a l Banking Group, Inc., Oklahoma City, Oklahoma, for prior approval to b e come a bank holding company through the a c q u i s i t i o n of 100 percent of the v o ting shares of Central Bank of O k l a h o m a City and Friendly Bank of O k l a h o m a City, both in Okl a h o m a City, O k l a h o m a .* April 9, 1991 L o cust G r o v e Bancshares, Inc., Locust Grove, Oklahoma, for prior approval to a c q u i r e 80.49 percent of the v o ting shares of Lakeside Bank of Salina, Salina, Oklahoma.* April 8, 1991 A p p l e t o n City Bancshares, Inc., A p p l e t o n City, Missouri, for prior a p p r o v a l to acquire 90.4 percent of the voting shares of Deepwater State Bank, Deepwater, M issouri.* April 10, La u r a Schneider, Omaha, Nebraska, for prior app r o v a l to increase her p r o p o r t i o n a t e o w n e r s h i p interest by .25 p e r c e n t to 27.40 percent; R. David Schneider, Jr., Bellevue, Nebraska, to increase his p r o p o r t i o n a t e o w n e r s h i p interest by .31 p e rcent to 33.46 percent; and G r e g o r y Schneider, Plattsmouth, Nebraska, to increase his p r o p o r t i o n a t e o w n e r s h i p interest by .31 p e rcent to 33.02 percent in Schneider B a n c o r p o r a t i o n , Plattsmouth, Nebraska. April 8, 1991 K e n n e t h R. and Nancy D. Henderson, Broomfield, Colorado, for prior a p p r o v a l to increase their p r o p o r t i o n a t e o w n e r s h i p interest in C o m m u n i t y Bancorp, Inc., Thornton, Colorado, by .7 percent to 25.63 percent. April 8, 1991 1991 Federal Reserve Bank o f Kansas City First N a t i o n a l Insurance Agency, Inc., Exeter, Nebraska, for prior a p p r o v a l to ac q u i r e 57.4 percent of the voting shares of First National Bank in Exeter, Exeter, N e b r a s k a . * April 10, G. T. Blankenship, Okl a h o m a City, Oklahoma, for prior a pproval to i n c r e a s e his control of Nichols Hills B a n c o r p o r a t i o n , Inc., O k l a h o m a City, O k l a hom a, by 4.15 percent to 13.39 percent. April 9, 1991 1991 S E C T I O N III - A P P L I C A T I O N S SU B J E C T T O F E D E R A L R E G I S T E R N O T I C E O N L Y APPLICATION CO M M E N T P E R I O D E N D I N G DAT E None. S E C T I O N IV - A P P L I C A T I O N S N O T S UBJECT T O F E D E R A L R E G I S T E R N O T I C E OR NEWSPAPER NOTICE APPLICATION Sw a n t o n Agency, Swanton, Nebraska, for prior appr o v a l to redeem 50 shares of its own voting common stock. First J u n c t i o n City Bancshares, Inc., J u n c t i o n City, Kansas, for prior a p p r o v a l to redeem 10,834 shares of its own voting common stock. SECTION X - AVAILABILITY OF CRA PUBLIC EVALUATIONS E X A M I N A T I O N DAT E The Peoples Bank, *Application Pratt, is subject Kansas to CRA. November 26, 1990 FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF MARCH 18, 1991 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 Jeffrey Lionel Beck, Dallas, TX, to acquire an interest in Park Central Bank of Dallas, Dallas, TX N/A 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. SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS FOR THE WEEK OF MARCH 18, 1991 Name of Bank Texas Bank The Bank of Livingston* City & State Weatherford, Texas Livingston, Texas Date of Examination 11- 15-90 12- 03-90 * SUBJECT TO CRA. ** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY. N/A - NOT AVAILABLE AT THIS TIME. 91-12 Week ending 3/22/91 Section I - Applications Subject to Newspaper Notice Only A p p Iication Comment Period Ending Date California Center Bank, Los Angeles, California, to establish a branch office at 1126 South Santee Street, Los Angeles, California. * Newspaper: Not available First Interstate Bank of California, Los Angeles, California, to establish a branch office in the vicinity of East Bidwell Street and Wales Drive, Folsom, California. * Newspaper: 4/10/91 Caliber Bank, Phoenix, Arizona, to establish a branch office at 4620 E. Cactus Road, Phoenix, Arizona. * Newspaper: Not available Caliber Bank, Phoenix, Arizona, to establish a branch office at 1331 W. Southern Avenue, Mesa, California. * Newspaper: Not available Caliber Bank, Phoenix, Arizona, to establish a branch office at 350 E. Dunlap, Phoenix, Arizona. * Newspaper: Not available Section II - Applications Sub.iect to Both Newspaper and Federal Register Notice Penelope Gehr Hull Trust; H. Lawrence Hull, Jr., Dale M. and Allen H. Hermann, Portland, Oregon, to acquire 7.83 percent of West Coast Bancorp, Portland, Oregon. Newspaper: Not available Fed. Rea.: 3/25/91 Albert and Dorothy Ratzlaff, Kingsburg, California, to increase ownership from 9.4 to 32.0 percent of Kings River Bancorp, Reedley, California. Newspaper: 4/03/91 Fed. Rea.: 4/15/91 Northern California Community Bancorporation, Inc., Alameda, California, to merge with Mission-Valley Bancorp, Pleasanton, California. * Newspaper: 4/13/91 Fed. Rea.: 4/16/91 Section III - Applications Subject to Federal Register Notice Only None FEDERAL RESERVE BANK OF SAN FRANCISCO ( c o n t 'd ) 91-12 Week ending 3/22/91 Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice None Section V - Availability of CRA Public Evaluations * Information about an institution's CRA evaluation may be obtained from the institition. Institution Location Bank of Coronado Coronado, California * Subject to CRA Examination Date 12/10/90