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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1994, NO. 13 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending March 26, 1994 ACTIONS TAKEN BY THE BOARD OF GOVERNORS ADVISORY COUNCILS Consumer Advisory Council. Convened, March 24, 1994. BANK HOLDING COMPANIES First Chicago Corporation, Chicago, Illinois -- to engage de novo in various nonbanking activities, including underwriting and dealing in all types of debt securities on a limited basis, through First Chicago Capital Markets, Inc. Approved, March 25, 1994. REGULATIONS AND POLICIES Federal Open Market Committee -- minutes of the meeting on February 3-4, 1994. Published, March 25, 1994. ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY ABBREVIATIONS: BS&R - Banking Supervision and Regulation; CftCA - 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 Richmond Farmers ft Merchants Bank, Timberville, Virginia -- to establish a branch on Turner Ashby Drive, approximately 600 feet east of its intersection with North Main Street (State Route 42), Bridgewater, Virginia Approved, March 24, 1994. Chicago First Bank North, Freeport, Illinois -- to establish a branch at 3957 North Mulford Road, Rockford, Illinois. Returned, March 22, 1994. Secretary First Interstate Bank of California, Los Angeles, California — to establish an off-site electronic facility in Disneyland, 1313 Harbor Boulevard, Anaheim, California. Approved, March 22, 1994. H .2 MARCH 21, 1994 PAGE 2 TO MARCH 25, 1994 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK BRANCHES. DOMESTIC New York Fleet Bank of New York, Albany, New York -- to establish branches at the following locations in New York: Upper North Road, Highland; 6605 Joy Road, East Syracuse; 58 Ellicott Road, Cheektowaga; 1525 Scottsville Road, Chili; 101 Mill Street, Newburgh; Stewart International Airport, Building 806, 1018 Breuning Road, New Windsor; 151 Montgomery Street, Albany; and 21 Railroad Avenue, Colonie. Approved, March 25, 1994. Cleveland Integra Bank/Pittsburgh, Pittsburgh, Pennsylvania -to establish a CBCT facility at Jeanette Hospital, 60 Jefferson Avenue, Jeanette, Pennsylvania. Approved, March 21, 1994. Chicago Old Kent Bank - Southwest, Kalamazoo, Michigan - - t o establish a branch at 3510 West Centre Street, Portage, Michigan. Approved, March 25, 1994. Dallas United Bank & Trust, Abilene, Texas - - t o establish a branch at the corner of Highway 89 and Williams, Buffalo Gap, Texas. Approved, March 23, 1994. BANK HOLDING COMPANIES Chicago Bank of Waunakee Employee Stock Ownership Plan, Waunakee, Wisconsin -- to acquire shares of Waunakee Bank Shares, Inc. Approved, March 25, 1994. Dallas Baylor Bancshares, Inc., Seymour, Texas -- to expand the geographic scope of the lending activities of Baylor Mortgage Company, Inc., to the entire State of Texas. Approved, March 23, 1994. San Francisco Central Bancorporation, Wenatchee, Washington - - t o acquire First Bank Washington, Omak, Washington. Approved, March 24, 1994. H.2 MARCH 21, 1994 PAGE 3 TO MARCH 25, 1994 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Director, BS&R Chase Manhattan Corporation, New York, New York -relief from a commitment contained in the Board's order of January 18, 1989. Granted, March 25, 1994. Chicago Cleveland Development Management Corporation, Chicago, Illinois -- to acquire Potters and Trust Co., East Liverpool, Ohio. Approved, March 24, 1994. Cleveland Fifth Third Bancorp, Cincinnati, Ohio -- to acquire The National Bancorp of Kentucky, Inc., Lexington, Kentucky. Approved, March 25, 1994. Cleveland First Bancorporation of Ohio, Akron, Ohio - -to acquire Great Northern Financial Corporation and Great Northern Savings Company, both of Barberton, Ohio, and to merge the savings company into First National Bank of Ohio, Akron, Ohio. Approved, March 22, 1994. Secretary First Bank System, Inc., Minneapolis, Minnesota --to acquire First Financial Investors, Inc., New York, New York, and to acquire certain assets and assume certain liabilities of St. Louis Bank for Savings, FSB, Duluth, Minnesota, upon its conversion to a national bank. Approved, March 25, 1994. St. Louis First Banks, Inc., St. Louis, Missouri --to acquire Farmers Bancshares, Inc., Breese, Illinois, State Bank of Breese, and Farmers State Bank of Valmeyer, Valmeyer, Illinois. Approved, March 22, 1994. Secretary First Citizens BancShares, Inc., Raleigh, North Carolina --to atquire the Gastonia, North Carolina, branch of Home Savings Bank, SSB, Kings Mountain, North Carolina. Approved, March 25, 1994. H.2 MARCH 21, 1994 PAGE 4 TO MARCH 25, 1994 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Dallas First Community Bancshares, Inc., and Winn Bancshares, Inc., Winnfield, Louisiana -- to engage de novo in credit life insurance activities. Permitted, March 21, 1994. Chicago First Ozaukee Capital Corp., Cedarburg, Wisconsin -to acquire First Ozaukee Savings Bank and to engage in making, acquiring, or servicing loans. Returned, March 22, 1994. Richmond First Union Corporation, Charlotte, North Carolina -to acquire First Union Home Equity Bank, National Association. Approved, March 25, 1994. Chicago Firstbank of Illinois Co., Springfield, Illinois -to acquire Colonial Bancshares, Inc., Des Peres, Missouri; The Colonial Bank, Des Peres; Village Bank of St. Louis County, Ballwin, Missouri; and Guido Insurance Agency, Des Peres. Approved, March 22, 1994. San Francisco Grupo Finaneiero Serfin, S.A. de C.V., Mexico City, Mexico -- to engage de novo in nonbank activities through Serfin Funds Transfer, Inc., Los Angeles, California. Returned, March 24, 1994. New York J.P. Morgan & Co. Incorporated - - t o engage de novo in trust company activities through J.P. Morgan Delaware Trust Company, Wilmington, Delaware. Permitted, March 22, 1994. Richmond Jefferson Bankshares, Inc., Charlottesville, Virginia -- proposal that Jefferson National Bank acquire certain assets and assume certain liabilities of Liberty Federal Savings Bank, Warrenton, Virginia. Approved, March 25, 1994. Minneapolis Kelliher Bancshares, Inc., Kelliher, Minnesota -- to acquire Citizens State Bank of Kelliher. Approved, March 22, 1994. H .2 MARCH 21, 1994 PAGE 5 TO MARCH 25, 199A ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Atlanta Liberty Financial Services, Inc., New Orleans, Louisiana -- to acquire certain assets and assume certain liabilities of Life Federal Savings Bank, Baton Rouge, Louisiana. Approved, March 25, 1994. Chicago Old Kent Financial Corporation, Grand Rapids, Michigan, and Old Kent - Illinois, Inc., Elmhurst, Michigan -- to acquire EdgeMark Financial Corporation, Chicago, Illinois, and the following banks in Illinois: EdgeMark Bank - Lombard, Lombard; EdgeMark Bank - Rosemont, Rosemont; Edgewood Bank, Countryside; First National Bank of Lockport, Lockport; and Merchandise National Bank of Chicago. Approved, March 25, 1994. Kansas City Peoples Bancshares, Inc., Clay Center, Kansas -- to acquire The Peoples National Bank. Approved, March 24, 1994. Chicago Shorebank Corporation, Chicago, Illinois -- to acquire Cleveland Development Bancorporation, Chicago, Illinois, and Potters Bank and Trust Co., East Liverpool, Ohio. Approved, March 24, 1994. Secretary Trans Financial Bancorp, Inc., Bowling Green, Kentucky - - t o acquire Peoples Financial Services, Inc., and Peoples Bank and Trust of the Cumberlands, both of Cookeville, Tennessee; and Citizens Federal Savings Bank, Rockwood, Tennessee Approved, March 21, 1994. Secretary Union Planters Corporation, Memphis, Tennessee -- to acquire Liberty Bancshares, Inc., Paris, Tennessee and Liberty Federal Savings Bank. Approved, March 25, 1994. H.2 MARCH 21, 1994 PAGE 6 TO MARCH 25, 1994 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK PREMISES Richmond F & M Bank-Winchester, Winchester, Virginia -investments in bank premises. Approved, March 23, 1994. Cleveland Oakwood Deposit Bank, Oakwood, Ohio -- investment in bank premises. Approved, March 25, 1994. Chicago Old Kent Bank - Southwest, Kalamazoo, Michigan -investment in bank premises. Approved, March 24, 1994. Chicago Old Kent Bank - Southwest, Kalamazoo, Michigan -investment in bank premises. Approved, March 25, 1994. Kansas City Star Valley State Bank, Afton, Wyoming -- investment in bank premises. Approved, March 21, 1994. BANKS. STATE MEMBER St. Louis Arkansas Bank & Trust Company, Hot Springs, Arkansas -- payment of a dividend. Approved, March 24, 1994. CAPITAL STOCK Kansas City Mountain West Banking Corporation, Denver, Colorado -- redemption of shares. Approved, March 21, 1994. Minneapolis United Bancor, Ltd., Dickinson, North Dakota -redemption of shares. Approved, March 22, 1994. CHANGE ZN BANK CONTROL San Francisco American Pacific Bank, Aumsville, Oregon -- change in bank control. Returned, March 22, 1994. Chicago North Salem State Bancorporation, North Salem, Indiana -- change in bank control. Returned, March 22, 1994. H.2 MARCH 21, 199<t PAGE 7 TO MARCH 25, 1994 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CHANGE IN BANK CONTROL Richmond Security Bank Corporation, Manassas, Virginia -change in bank control. Permitted, March 25, 1994. COMPETITIVE FACTORS REPORTS St. Louis CBT Corporation, Paducah, Kentucky, proposed acquisition of BMC Bankcorp, Inc., Benton, Kentucky, and United Commonwealth Bank, F.S.B., Murray, Kentucky -- report on competitive factors. Submitted, March 24, 1994. Cleveland Charter One Bank, F.S.B., Cleveland, Ohio, proposed purchase of four Equitable Savings Ohio divisional branches of Citizens Federal Bank, FSB, Miami, Florida -- report on competitive factors. Submitted, March 24, 1994. Cleveland Fed One Savings Bank, FSB, Wheeling, West Virginia, proposed purchase of a branch of Buckeye Savings Bank, Bellaire, Ohio -- report on competitive factors. Submitted, March 24, 1994. Cleveland First Federal Savings and Loan Association of Wooster, Wooster, Ohio, proposed purchase of a branch -- report on competitive factors. Submitted, March 24, 1994. Dallas First Interstate Bank of Texas, N.A., Houston, Texas, proposed partial purchase and assumption of Med Center Bank -- report on competitive factors. Submitted, March 25, 1994. Cleveland First National Bank of Ohio, Akron, Ohio, proposed merger with Great Northern Savings Company, Barberton, Ohio -- report on competitive factors. Submitted, March 24, 1994. Richmond First Palmetto Savings Bank, F.S.B., Camden, South Carolina, proposed purchase of two branch offices of The South Carolina National Bank, Columbia, South Carolina -- report on competitive factors. Submitted, March 23, 1994. H .2 MARCH 21, 1994 PAGE 8 TO MARCH 25, 1994 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Richmond First Palmetto Savings Bank, F .S .B ., Camden, South Carolina, proposed purchase of the Bishopville, South Carolina, branch of The South Carolina National Bank, Columbia, South Carolina -- report on competitive factors. Submitted, March 25, 1994. Philadelphia Greater Delaware Valley Savings Bank, Broomall, Pennsylvania, proposed conversion from a mutual savings bank to a stock savings bank -- report on competitive factors. Submitted, March 25, 1994. Richmond Guaranty Savings and Loan, F.A., Charlottesville, Virginia, proposed merger with GSL Interim Federal Savings Association -- report on competitive factors. Submitted, March 21, 1994. Minneapolis M&I Bank of Eagle River, Eagle River, Wisconsin, proposed purchase of the Three Lakes, Wisconsin, office of Valley First National Bank, Rhinelander, Wisconsin -- report on competitive factors. Submitted, March 21, 1994. Minneapolis M&I Merchants Bank, Rhinelander, Wisconsin, proposed purchase of the Lac du Flambeau, Lake Tomahawk, and Woodruff, Wisconsin, offices of Valley First National Bank, Rhinelander, Wisconsin -- report on competitive factors. Submitted, March 21, 1994. St. Louis Magna Bank of Missouri, Brentwood, Missouri, proposed acquisition of assets and assumption of liabilities of Bank of Chesterfield, Chesterfield, Missouri -report on competitive factors. Submitted, March 25, 1994. Cleveland Mid American National Bank and Trust Company, Toledo, Ohio, proposed merger with Farmers Savings Bank, Northwood, Ohio -- report on competitive factors. Submitted, March 24, 1994. H.2 MARCH 21, 199<* PAGE 9 TO MARCH 25, 1999 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Chicago Monroe Bank & Trust, Monroe, Michigan, proposed purchase of the Erie and Temperance, Michigan, branches of NBD Bank, National Association, Detroit, Michigan ~~ report on competitive factors Submitted, March 22, 1999, Chicago National Exchange Bank and Trust of Fond du Lac, Fond du Lac, Wisconsin, proposed merger with State Bank of Cascade, Cascade, Wisconsin -- report on competit ive factors. Submitted, March 29, 1999. Minneapolis Norwest Bank Minnesota, National Association, Minneapolis, Minnesota, proposed merger with Forest Lake State Bank, Forest Lake, Minnesota -- report on competitive factors. Submitted, March 21, 1999. Minneapolis Security Federal Savings Bank, Billings, Montana, proposed purchase of the Anaconda and Lewiston, Montana, offices of Bank of Montana, Great Falls, Montana, and the Butte, Montana, office of Montana Bank, Billings -- report on competitive factors. Submitted, March 29, 1999. Chicago Webster City Federal Savings Bank, Webster City, Iowa, proposed reorganization to become a mutual holding company -- report on competitive factors. Submitted, March 29, 1999. EXTENSIONS OF TIME St. Louis First Carroll Bankshares, Inc., Berryville, Arkansas -- extension to June 1, 1999, to acquire The First National Bank of Berryville. Granted, March 23, 1999. Philadelphia Meridian Bank, Reading, Pennsylvania -- extension to June 22, 1999, to acquire the Grange National Bank of Susquehanna County, New Milford, Pennsylvania. Granted, March 22, 1999. H.2 MARCH 21, 1994 PAGE 10 TO MARCH 25, 1994 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME San Francisco Sakura Bank, Ltd., Tokyo, Japan -- extension to divest certain properties. Granted, March 22, 1994. ADDITIONS AND CORRECTIONS H .2 MARCH 21, 1994 PAGE 11 TO MARCH 25, 1994 ACTIONS TAKEN BY THE BOARD OF GOVERNORS FORMS Bank Holding Company Report Forms -- FR Y-9C, FR Y-9LP, and FR Y-9SP, with revisions; and FR Y-9CS, without revision, with extension through 1996. Approved, March 18, 1999. ADDITIONS AND CORRECTIONS ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago Northwest Indiana Bancorp, Munster, Indiana --t o acquire Peoples Bank SB. Returned, March 18, 1999. COMPETITIVE FACTORS REPORTS Boston Fleet Bank of Massachusetts, N.A., Boston, Massachusetts, proposed acquisition of Sterling Bank, Waltham, Massachusetts -- report on competitive factors. Submitted, March 16, 1999. EXTENSIONS OF TIME Chicago FBOP Corporation, Oak Brook, Illinois -- extension to June 10, 1999, to engage de novo in the acquisition of loans from its insured subsidiaries. Granted, March 18, 1999. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Application Comment Period Ending Date NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Comment Period Ending Date Cambridgeport Mutual Holding Company, Cambridge, Massachusetts - 3( a ) (1)/ 3(a)(3) application to become a bank holding company through the acquisition of Cambridgeport Savings Bank, Cambridge, Massachusetts and 5.6% of Cambridge Bancorp, Cambridge, Massachusetts* Newspaper Federal Register SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY NONE SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE ♦Subject to CRA. 03-28-94 04-07-94 SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS Institution Examination Date Ratincr** NONE **Rating Definitions: "0" - Outstanding; "S" - Satisfactory; - Needs to Improve; "SN" - Substantial Noncompliance. " Federal Reserve Bank of New York Comment Period Ending Date SECTION I Applications Subject to Newspaper ___________ Notice Only___________ Fleet Bank of New York, Albany, New York, to establish a branch at 65 Vantage Point Drive, Ogden, New York and to establish an offsite electronic facility at Woodbury Commons Factory Outlet, Central Valley, New York.l/ 4/18/94 Fleet Bank, Melville, New York, to establish an offsite electronic facility at R.H. Macy & Co. Inc., 151 W. 34th Street, New York, New York.l/ 4/18/94 European American Bank, Uniondale, New York to establish a branch at 335 Madison Avenue, New York, New York.l/ 4/20/94 SECTION II Applications Subject to Both Newspaper and Federal Register Notice None. SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) None. SECTION IV 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 26 , 1994 1/ 2/ 3/ 4/ NAME OF BANK RATING EXAMINATION DATE The Merchants Bank of New York 434 Broadway 10013 New York, N.Y. Satisfactory 10/18/93 Subject to provisions of Community Reinvestment Act. Later of dates specified in newspaper and Federal Register notices. Date specified in newspaper notice; a later date may be specified in the Federal Register notice. Date specified in Federal Register notice; a later date may be specified in the newspaper notice. N/A - Not Available FEDERAL RESERVE BANK OF PHILADELPHIA SECTION I ~ APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date None. SECTION II ~ APPLICATIONS SUBJECT TO BOTH NEWSPAPER ANP FEDERAL REGISTER NOTICE None. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Meridian Bancorp. Inc., Reading, PA requests approval to acquire 100% of McGlinn Capital Management, Inc. Wyomissing, PA, pursuant to Section 4(c)(8) of the BHC Act. Fed. Reg. comment period expires: 4/6/94 SECTION IV - APPLICATIONS N O T SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE None. 1/ Subject to provisions of Community Reinvestment Act. * N/A - not yet available. FEDERAL RESERVE BANK OF PHILADELPHIA SECTION V - AVAILABILITY OP CRA PUBLIC EVALUATIONS The following institutions were examined for CRA. The 30-business day period the bank has to make the evaluation public has lapsed during the week ending March 25, 1994. Identification of Ratings In connection with the assessment of each insured depository performance, a rating is assigned from the following groups: institution's CRA Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate—income neighborhoods, in a manner consistent with its resources and capabilities• Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Bank/Location Examination Date None. CRA Rating Federal Reserve Bank of Cleveland Applications Bulletin For Week Ending March 26, 1994 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Received OAKAR application from Northwest Bancorp, MHC, Warren, Pennsylvania, on March 16, 1994, to acquire 51 percent of the outstanding stock of Northwest Savings Bank, Warren, Pennsylvania. * Not Yet Known # Received OAKAR application from Fifth Third * April 23, 1994 Bancorp, Cincinnati, Ohio, on March 24, 1994, to acquire The Cumberland Federal Savings Bank, Louisville, Kentucky, and merge it into The Fifth Third of Central Kentucky, Inc., Lexington, Kentucky. Received application from The Fifth Third Bank April 23, 1994 of Central Kentucky, Inc. (to be renamed Fifth Third Bank of Kentucky, Inc.), Lexington, Kentucky, on March 24, 1994, for permission to become a member of the Federal Reserve System. Received Section 18(c) application from The Fifth Third Bank of Central Kentucky, Inc., Lexington, Kentucky, on March 24, 1994, to merge with The Cumberland Federal Savings Bank, Louisville, Kentucky. * April 23, 1994 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Received Section 3(a) (3) application from * N : April 21, 1994 First Bancorporation of Ohio, Akron, Ohio, on March 21, 1994, to acquire Peoples National Bank, Wooster, Ohio (now known as Peoples Federal Savings Bank). Received Section 3(a) (1) application from Ohio State Bancshares, Inc., Marion, Ohio, on March 18, 1994, to acquire The Marion Bank, Marion, Ohio. * N F # - * F : April Subject to CRA Newspaper Comment Period Federal Register Comment Period Expected to end approximately 30 days from date of application's receipt. , 1994 Applications Bulletin For Week Ending March 26, 1994 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Received Section 4 ( c ) (8) application from Mellon Bank Corporation, Pittsburgh, Pennsylvania, on January 3, 1994, to acquire Dreyfus Security Savings Bank, FSB, Paramus, New Jersey, and Dreyfus Trust Company, Uniondale, New York. * Not Yet Known # Received Section 3 ( a ) (1) application from Fifth Third Kentucky Bank Holding Company, Louisville, Kentucky, on March 24, 1994, to acquire The Fifth Third Bank of Central Kentucky, Inc., Lexington, Kentucky. * N : April 23, 1994 Received Section 4(c) (8) application from Fifth Third Bancorp, Cincinnati, Ohio, and Fifth Third Kentucky Bank Holding Company (in formation), Louisville, Kentucky, on March 24, 1994, to acquire The Cumberland Federal Bancorporation, Inc., Louisville, Kentucky. * N : April 23, 1994 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Received Section 4 ( c ) (8) application from Mellon Bank Corporation, Pittsburgh, Pennsylvania, on February 7, 1994, to acquire The Truepenney Corporation, The Trotwood Corporation, The Trotwood Hunters Site A Corporation, The Trustwood Hunters Corporation, and Dreyfus Realty Advisors, Inc., all located in New York, New York. Not Yet Known # Received Section 4(c) (8) notification from First April 19, 1994 Commonwealth Financial Corporation, Indiana, Pennsylvania, on March 21, 1994, of its intent to directly engage de novo in the permissible non-banking activity of "making and serving loans" pursuant to Section 225.25(b)(1) of Regulation Y. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Received request from Security Dollar Bank, Niles, Ohio, on March 21, 1994, for permission to exceed its limit of investment in bank premises permitted under Section 24A of the Federal Reserve A c t . AVAILABILITY OF CRA PUBLIC EVALUATIONS (March 25, 1994) The following state member banks have been examined by the Federal Reserve Bank of Cleveland for compliance with The Community Reinvestment Act. A public evaluation document became available from the bank(s) listed below during the week ended March 25, 1994. If you are interested in obtaining a copy of an evaluation document, please contact the bank(s) directly. There are four descriptive ratings for CRA: OUTSTANDING: a bank in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SATISFACTORY: a bank in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NEEDS TO IMPROVE: a bank in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. SUBSTANTIAL NON COMPLIANCE: a bank in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NONE Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date The George Mason Bank, Fairfax, Virginia, to establish a branch at 4005 Wilson Boulevard, Arlington, Virginia.* 4-15-94 Bank of McKenney, McKenney, Virginia, to establish a branch at 13812 Boydton Plank Road, Dinwiddie, Virginia.* 4-23-94 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date None. Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date None. Section IV - Application Not Subject to Federal Register Notice or Newspaper Notice Application None. *Application is subject to CRA requirements. Federal Reserve Bank of Richmond Availability of CRA Public Evaluations Week ending March 25, 1994 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 Commerce Bank of Virginia 11500 West Broad Street Richmond, Virginia 23242-0569 1-10-94 Rating Satisfactory Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending March 25, 1994 Section 1 - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date The Peoples Bank and Trust Company Selma, Alabama To establish a branch located at the Winn Dixie Marketplace within the Mid-Town Shopping Center at 701 East Main Street, Prattville, Alabama, to be known as The Peoples Bank and Trust Company, Marketplace Branch. 03-25-94* Barnett Bank of West Florida Pensacola, Florida To establish a night depository vault located in the Cordova Mall at 5100 North 9th Avenue, Pensacola, Florida. 04-22-94* Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date First Security Bankshares, Inc. Not yet available* Lavonia, Georgia After-the-fact change in control notice by Hubert Shuratt Whitworth to retain 30 percent of the outstanding shares of common stock. Southside Financial Group, Inc. Not yet available* Fayetteville, Georgia 1-BHC formation, The Citizens Bank and Trust of Fayette County, Fayetteville, Georgia. Hibernia Corporation New Orleans, Louisiana To merge with Commercial Bancshares, Inc. Abbeville, Louisiana, and thereby directly acquire First Commercial Bank, Franklin, Louisiana, pursuant to Section 3 (a)(5) of the Bank Holding Company A c t . 04-07-94* Federal Register *Subject to provisions of the Community Reinvestment Act. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending March 25. 1994 Section 3 - Applications Subject to Federal Register Only Application Comment Period Ending Date First Alabama Bancshares, Inc. Birmingham, Alabama To engage de novo in leasing tangible personal property, or acting as agent, broker, or adviser in such property, utilizing residual values up to 100 percent of acquisition cost, pursuant to Section 225.25(b)(5)(ii) of Regulation Y. 03-31-94 First National Sylacauga Corporation 04-14-94 Sylacauga, Alabama To engage de novo in credit-related insurance agency activities, through its proposed nonbank subsidiary, Frontier Financial Services, Inc., Sylacauga, labama. pursuant to Section 225.25(b)(8)(i) and (ii) of Regulation Y. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending March 2 5 , 1994 Section 3 - Applications Subject to Federal Register Only Application Comment Period Ending Date Pickens County Bancshares, Inc. 04-14-94 Reform, Alabama After-the-fact notice to retain its subsidiary, WAB&T Financial Services, Inc., Reform, Alabama, which commenced engaging de novo in insurance agency activities, pursuant to Section 225.25(b) (8)(iii)(A) of Regulation Y, and in providing securities brokerage services, and related securities credit activities, pursuant to Section 225.25(b)(15) of Regulation Y. Prattville Financial Services Corporation 04-07-94 Prattville, Alabama After-the-fact notice to retain its wholly-owned subsidiary, Key Investment Securities, Inc., Prattville, Alabama, which commenced engaging de novo in insurance agency and underwriting activities, pursuant to Section 225.25(b)(8) of Regulation Y, and providing securities brokerage services and related securities credit activities, pursuant to Section 225.25(b)(15) of Regulation Y. Section 4 - Applications Not Subject to. Federal Register Notice or Newspaper Notice Application None. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending March 25, 1994 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 Flamingo Bank 1 West Flamingo Drive Pembroke Pines, Florida (305)437-2265 Rating Date Satisfactoryll-29-93 33027 Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Type Application Branch Old Kent Bank - Southwest Kalamazoo, Michigan 3510 West Centre Street Portage, Mi chigan* N - 3-20-94 Membershi p Cedar Valley State Bank St. Ansgar, Iowa To become a member of the Federal Reserve System* N - ** Merger/Branch Chemical Bank and Trust Company Midland, Michigan Edenville, Michigan branch of First of America Mid-Michigan, National Association, Bay City, Michigan 5111 M-30, Tobacco Township Edenville, Michigan* N - ** Oakar Shoreline Financial Corporation Benton Harbor, Michigan South Haven Branch of Great Lakes Bancorp, South Haven, Michigan* N - ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Type Application Y-2 Marquette National Corporation Chicago, Illinois Orland State Bank Orland Park, Illinois* FR - 4-1-94 N - 3-26-94 COC-HC Withee Bank Shares, Inc. Withee, Wi scons in Walter E. Ollech FR - 4-4-94 N - 3-25-94 Y-2 Ida Grove Bancshares, Inc. Ida Grove, Iowa P.S.B. Bancorporation West Des Moines, Iowa Liberty Bank & Trust Odebolt, Iowa * FR - 3-18-94 N - 4-2-94 Y-2 ( 100 %) First Chicago Corporation Chicago, Illinois Lake Shore Bancorp, Inc. Chicago, Illinois Bank of Hinsdale Hinsdale, Illinois Lake Shore National Bank Chicago, Illinois* FR - 4-4-94 N - 3-30-94 Y-2 (16.6%) First Chicago Corporation Chicago, Illinois Lake Shore Bancorp, Inc. Chicago, Illinois Bank of Hinsdale Hinsdale, Illinois Lake Shore National Bank Chicago, Illinois* FR - 4-4-94 N - 3-30-94 CoC-HC Veedersburg Bank Corp. Veedersburg, Indiana Stephen A . Songer FR - 3-31-94 N . ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice (Continued) Comment Period Ending Date Tvoe A pplication Y-2 First Chicago Corporation Chicago, Illinois Hampton Park Corporation Romeoville, Illinois Oxford Bank Romeoville, Illinois* FR - 4-4-94 N - 3-30-94 CoC-HC Blanchardville Financial Services, Inc. Blanchardville, Wisconsin Frederick F. Reinhardt FR - 4-7-94 N - 3-23-94 Y-l First Ozaukee Capital Corp. Cedarburg, Wisconsin First Ozaukee Savings Bank Cedarburg, Wisconsin* FR - 4-15-94 N . *★ CoC-HC Illinois Valley Bancorp, Inc. Morris, Illinois Ronald L. Wohlwend, Ronald L. Wohlwend, Trustee, Jack Lewis Trust UTA DTD, Catherine Lewis Trust UTA DTA FR - 2-1-94 N Y-l TSB Financial, Inc. Tremont, Illinois Tremont Savings Bank Tremont, Illinois* CoC-HC Banklllinois Financial Co. FR Champaign, Illinois NP Van A. Dukeman; David J. Downey, George T. Shapland & Gregory B. Lykins CoC-HC North Salem State Bancorporation North Salem, Indiana Robert Porter Y-l Bellevue State Bank Employee Stock Ownership Plan Bellevue, Iowa Bellevue Service Company Bellevue, Iowa Bellevue State Bank Bellevue, Iowa* - ** FR - 4-15-94 N - ** 3-23-94. 2-14-94 FR - 4-12-94 N - ** FR N 4-22-94 *★ Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice (Continued) Comment Period Ending Date T yp e Application Y-2 Capitol Bancorp, Ltd. Lansing, Michigan Financial Center Corporation Holland, Michigan Paragon Bank Holland, Michigan* FR - 2-25-94 N - 1-11-94 Y-l The First Trust Holdings, Inc. Watseka, Illinois First Trust and Savings Bank of Watseka Watseka, Illinois First National Bank of Clifton Clifton, Illinois* FR - ** N - ** Y-2 Commercial Financial Corp. Storm Lake, Iowa Central T m s t Investment, Inc. Cherokee, Iowa Central Trust and Savings Bank Cherokee, Iowa* FR - ** N . ** Y-2 Community Grain Co. Coon Rapids, Iowa Farmers National Bank Bayard, Iowa* FR - 1-21-94 N - 1-21-54 Y-2 Omnihank Corporation River Rouge, Michigan Indecorp, Inc. Chicago, Illinois Independence Bank of Chicago Chicago, Illinois Drexel Holding Company Chicago, Illinois Drexel National Bank Chicago, Illinois* FR - 1-14-54 N - 1-31-94 Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Gnlv Comment Period Endincr Date Type Application 4 (c) (8) Cleveland Development Bancorporation Chicago, Illinois CDB Development Co. Chicago, Illinois FR - 2-2-94 4(c) (8) Cleveland Development Bancorporation Chicago, Illinois Cleveland Enterprises Group Chicago, Illinois FR - 2-2-94 4 (c ) (8) Shorebank Bancorporation Chicago, Illinois CDB Development Co. Chicago, Illinois FR - 2-2-94 4 (c) (8) Shorebank Bancorporation Chicago, Illinois Cleveland Enterprises Group Chicago, Illinois FR - 2-2-94 4 (c) (8) Old Kent Financial Corporation FR - 3-31-94 Grand Rapids, Michigan CDC--invest in low income housing projects Y-4 First Colonial Bankshares Corporation Chicago, Illinois First Colonial Investment Services Elmhurst, Illinois FR - 4-11-94 4 (c) (8) First Ozaukee Capital Corp. Cedarburg, Wisconsin Engage in making, acquiring or servicing loans FR - 4-15-94 Y-4 Heartland Financial USA, Inc. Dubuque, Iowa Keokuk Bancshares, Inc. Keokuk, Iowa First Community Bank, A Federal Savings Bank Keokuk, Iowa FR - 4-15-94 Federal Reserve Bank of Chicago Section III - Applications Subject to Federal R(?ai Bi-e>r Notice Only (Continued) Comment Period Ending Date* lype Application 4 (c) (8) Horizon Bancorp Michigan City, Indiana Horizon Insurance Group, Inc. Michigan City, Indiana--act as insurance agent or broker FR - 4-7-94 4 (c) (8) Horizon Bancorp Employee Stock Ownership Plan Michigan City, Indiana Horizon Insurance Group, Inc. Michigan City, Indiana - -act as insurance agent or broker FR - 4-7-94 Y-4 Northern Trust Corporation Chicago, Illinois Hazlehurst & Associates, Inc. Atlanta, Georgia FR - 4-6-94 Y-4 Kerndt Bank Services, Inc. Lansing, Iowa Peters Insurance Agency Lansing, Iowa FR - 4-5-94 4 (c) (8) Valley Financial Corp. Caro, Mi chigan Engage in the sale of general insurance FR - 4 -18-94 Y-4 First Waukegan Corporation Gurnee, Illinois Hometown Finance Corporation Glenview, Illinois pR - 4-18-94 Y-4 Capitol Bancorp, Ltd. Lansing, Michigan Consolidated Bank Services, Inc. Holland, Michigan FR - 3-4-94 Federal Reserve Bank of Chicago Section IV - Applications Not Subject to Federal Register or Newspaper Notice Tvoe Apvlication RoS Peoples Bancorp, Inc. Prairie du Chien, Wisconsin Purchase shares of its stock RoS Geneva Bancshares, Inc. Geneva, Illinois Purchase up to 5.4 percent of its outstanding shares of common stock RoS Spring Bancorp, Inc. Springfield, Illinois Redeem 175,155 shares of its common stock N FR * ** - Newspaper Federal Register Subject to Provisions of Community Reinvestment Act Not available at this time AVAILABILITY OF CRA PUBLIC EVALUATIONS The following state member banks have been examined b y the Federal Reserve Bank of Chicago for compliance with the CRA. The 3 0 -business day period the hank has to make the evaluation public has lapsed during the week ending March 25, 1994. If you are interested in obtaining a copy of the evaluation document, please contact the bank(s) directly. Identification of Ratings O-An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate -income neighborhoods, in a manner consistent with its resources and capabilities. S-An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate -income neighborhoods, in a manner consistent with its resources and capabilities. NI-An institution in this group needs to improve its overall record of 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. SN-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 NAME/LOCATION NONE EXAMINATION DATE RATINGS Federal Reserve Bank of St. Louis FOR THE WEEK ENDING MARCH 25, 1994 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 * Section 3(a)(3) application by Union Planters Corporation, Memphis, Tennessee, to acquire Earle Bankshares, Earle, Arkansas. Change in Control notification involving Aviston Bancorp, Inc., Aviston, Illinois, by Paul H. Berns. End of Comment Period Newspaper: 4-22-94 Newspaper: 4-12-94 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application End of Comment Period None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Application None. This application is subject to CRA. End of Comment Period FEDERAL RESERVE BANK OF ST. LOUIS St. Louis, Missouri AVAILABILITY OF CRA PUBLIC DISCLOSURES Identification o f Ratings: Outstanding record o f m eeting com m unity credit needs 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 o f m eeting 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 im prove record o f 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 tow- 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. FOR THE WEEK ENDING Name of Bank None March 25, 1994 Bank Address Examination Date Examination Rating FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application NONE Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date First Sleepy Eye Bancorporation, Inc., Sioux Falls, SD To acquire 100% of the voting share of the First Security Bank of Benson Benson, MN* 4-16-94 (Newspaper) United Bank Corporation Osseo, WI To become a bank holding company through the acquisition of 96.92% of the voting shares of United Bank, Osseo, WI; 88.82% of the voting shares of Clarke County State Bank, Osceola, IA; 84.83% of the voting shares of Lincoln County Bank, Merrill, WI; 99.67% of the voting shares of Bank Poynette, Poynette, WI; 100.00% of the voting shares of Farmers State Bank, Stickney,SD; 91.20% of the voting shares of Farmers & Merchants State Bank, Iroquois, SD; and 100.00% of the voting shares of Cambridge State Bank, Cambridge, WI. Not yet available Application Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Norwest Corporation Minneapolis, MN Title insurance agency activities through the acquisition of a joint venture, Title Network Agency, Buffalo, NY Not yet available Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Gale Bank Holding Company, Inc Galesville, WI To redeem 50.01% of its voting shares. ^Subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section V - Availability of CRA Public Evaluations week ending March 28, 1994 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 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(S) EXAMINED None. DATE OF EXAMINATION CRA RATING Section V - Availability of 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 Leon Louis Stelling & Dianne J. Stelling, both of Cole Camp, Missouri, to increase their ownership interests from 24.8 percent to 25.8 percent, in The Citizens-Farmers Bank of Cole Camp, Cole Camp, Missouri. Not Available Jefferson County Bancshares, Inc., Daykin, Nebraska, for prior approval to acquire 13.3 percent of the voting shares of Plymouth Investment Company, Plymouth, Nebraska.* Not Available Raton Capital Corporation,. Raton, New Mexico, for prior approval to acquire 100 percent of the voting shares of Farmers & Stockmens Bancorporaticn, Clayton, New Mexico.* Not Available SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. 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 ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs An institution in this group has a satisfactory record of ascertaining and helping to meet the credit n e e d s of its entire delineated community, including low- a n d 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 No ne. ♦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 21, 1994 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 James Robert Cole, Many, LA, to acquire an interest in Sabine Bancshares, Inc., Many, LA (Previously reported during the week of 3-7-94) Change in Control Notice by erry P. Gilmore, San Marcos, TX, to acquire an interest in S.B.T. Bancshares, Inc., San Marcos, TX 94/03/30 N/A SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION NOTICE EXP Section 4(c)(8) de novo notification by Summit Bancshares, Inc., Fort Worth, TX, to engage in the activity of making an equity investment in a corporation designed primarily to promote community welfare, such as the economic rehabilitation and development of low income areas by providing housing, services, or jobs through Fort Worth Community Development Corporation, Fort Worth, TX N/A SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION Section 24A application by United Bank & Trust, Abilene, TX, to invest in bank premises in excess of bank’s capital stock * 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 HARCH 21. 1994 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 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 Date of Examination The First State Bank of Matador P. 0. Box 60 Main St. & Dundee Matador, TX 79244 93/12/13 CRA Rating Satisfactory FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 3/25/94 Section I - Applications Subject to Newspaper Notice Only A p d I ication Comment Period Ending Date The Sun City Bank, Sun City, Arizona, to acquire one branch office of First National Bank of Arizona, Phoenix, Arizona. * (Note: this entry corrects the listing for the week ending 3/18/94, which erroneously characterized this transaction as a merger of the two banks.) Newspaper: Not available The Sun City Bank, Sun City, Arizona, to establish a branch office at 19202 R.H. Johnson Boulevard, Sun City West, Arizona. * Newspaper: Not available Section II - Applications Sub.iect to Both Newspaper and Federal Register Notice None Section III - Applications Sub.iect to Federal Register Notice Only BankAmerica Corporation, San Francisco, California, to engage in executing and clearing, and clearing without executing, futures on options on certain non-financial commodities, through BA Futures, Inc., Chicago, Illinois. Fed. Reg.: 4/22/94 Section IV - Applications Not Sub.iect to Federal Register Notice or Newspaper Notice None * Subject to CRA. FEDERAL RESERVE BANK OF SAN FRANCISCO (cont'd.) Week Ending 3/25/94 Section V - Availability of CRA Public Evaluations The CRA public evaluations of the institution(s) below became available during the week ending March 25, 1994. Information about a particular institution's CRA evaluation may be obtained directly from the institution. Institution Location Examination Date California Center Bank 2222 W. Olympic Blvd. Los Angeles, CA 90006 (213) 386-2222 12/13/93 Rating* Satisfactory ♦Under the rating system an institution's CRA performance is assigned one of the following four ratings: Outstanding record of meeting community credit needs: An institution has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs: An institution has a satisfactory record of ascertaining and meeting the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs: An institution needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resources and capabilities Substantial noncomoliance 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