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I fn ANNOUNCEMENT B,U f i y H.2, 1991, No. 13 A c t i o n s of t h e Board, its Staff, and B 3 j g /,.the F e d e r a l R e s e r v e Banks; / 'Applications a n d 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 30, 1991 ft B O A R D OF G O V E R N O R S OF T H E FEDERAL RESERVE SYSTEM *'A ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK HOLDING COMPANIES Banc One Corporation, Columbus, Ohio — to engage de novo in asset management, servicing, and collection activities through Banc One Management and Consulting Corporation. Approved, March 25, 1991. First Interstate Bancorp, Los Angeles, California — to engage de novo in asset management, servicing, and collection activities through FAES, Inc., Denver, Colorado. Approved, March 25, 1991. Grenada Sunburst System Corporation, Grenada, Mississippi — to engage in various securitiesrelated activities through Sunburst Financial Group, Inc., Jackson, Mississippi. Approved, March 27, 1991. U.S. Bancorp, Portland, Oregon — to acquire HeartFed Financial Corporation and Heart Federal Savings and Loan Association, Auburn, California. Approved, March 25, 1991. BOARD OPERATIONS Legal Division — appointment of Kathleen M. 0 TDay as Assistant General Counsel. Approved, March 27, 1991. Legal Division — appointment of Scott G. Alvarez as Associate General Counsel. Approved, March 27, 1991. FORMS Bank holding company reporting requirements (FR Y-9C, FR Y-9LP, FR Y-11Q, and FR Y-11AS) — revision. Proposed, March 27, 1991. INTERNATIONAL OPERATIONS Republic National Bank of New York, New York, New York, and Saban, S.A., Panama City, fanama — to make an additional investment in Republic National Bank of New York (Suisse) S.A., Geneva, Switzerland. Permitted, March 29, 1991. H .2 MARCH 25, 1991 PAGE 2 TO MARCH 29, 1991 ACTIONS TAKEN BY THE BOARD OF GOVERNORS REGULATIONS AND POLICIES Regulation K — revisions to the provisions governing permissible overseas activities of U.S. banking organizations and technical and clarifying amendments (Docket R-0703). Approved, March 27, 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 BRANCHES, DOMESTIC Kansas City Bank of Hartington, Hartington, Nebraska — to establish a branch facility at 304 North Broadway. Approved, March 29, 1991. Secretary First Interstate Bank, Los Angeles, California — establish a branch at 1320 Willow Pass Road, Concord, California. Approved, March 25, 1991. Chicago First of America Bank - Central, Lansing, Michigan — to establish an offsite electronic facility at Windmill Truck Stop, 7662 Lansing Road, Dimondale, Michigan. Returned, March 25, 1991. Atlanta Peoples Bank and Trust Company, Selma, Alabama — - to establish a branch at 1330 Highland Avenue. Approved, March 29, 1991. BANK HOLDING COMPANIES Kansas City Appleton City Bancshares, Inc., Appleton City, Missouri — to acquire Deepwater State Bank, Deepwater, Missouri. Returned, March 27, 1991. to H.2 MARCH 25, 1991 PAGE 3 TO MARCH 29, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Cleveland Banc One Corporation, Columbus, Ohio — to acquire certain assets and assume certain liabilities of Citizens Federal Savings and Loan Association, Dayton, Ohio. Approved, March 25, 1991. Minneapolis Blue Water Bancshares, Inc., New Brighton, Minnesota — to acquire First State Bank of Graceville, Graceville, Minnesota. Approved, March 29, 1991. Atlanta Citizens National Corporation, Naples, Florida — release from two commitments made incident to its acquisition of Citizens National Bank. Approved, March 29, 1991. St. Louis First Bank Corp., Fort Smith, Arkansas -- to engage de novo in performing real estate appraisals through Realty Appraisals, Inc. Permitted, March 26, 1991. Chicago First Business Bancorp Co., Chicago, Illinois — acquire South Central Bank & Trust Company of Chicago. Approved, March 27, 1991. Philadelphia Fulton Financial Corporation, Lancaster, Pennsylvania — to acquire Great Valley Savings Association, Reading, Pennsylvania. Approved, March 28, 1991. Chicago Metrobancorp, Indianapolis, Indiana — Metro Federal Savings Bank. Approved, March 29, 1991. Chicago Northern States Financial Corporation, Waukegan, Illinois — to acquire First Federal Bank, FSB. Returned, March 27, 1991. to acquire to H.2 MARCH 25, 1991 PAGE 4 TO MARCH 29, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Minneapolis Norwest Corporation, Minneapolis, Minnesota — to engage in certain securities-related activities through the acquisition of U.B.C. Investment Corp. Denver, Colorado, and the bond sales department of United Bank of Denver, N.A. Permitted, March 26, 1991. Chicago Old Second Bancorp, Inc., Aurora, Illinois — to acquire Affiliated Bank / Burlington, Burlington, Illinois. Approved, March 27, 1991. Chicago Prairie Bancorp, Inc., Manlius, Illinois — to acquire Tampico National Bank, Tampico, Illinois. Approved, March 28, 1991. Atlanta Prosperity Banking Company, St. Augustine, Florida to acquire Prosperity Bank of St. Augustine. Approved, March 25, 1991. San Francisco SJNB Financial Corp., San Jose, California — to engage de novo in making, acquiring, and servicing loans and other extensions of credit. Permitted, March 26, 1991. Kansas City United Missouri Bancshares, Inc., Kansas City, Missouri — to acquire Valley Bank Holding Company Security, Colorado, and Valley Bank. Approved, March 29, 1991. Chicago Westchester Financial Corporation, Naperville, Illinois — to acquire First Bank of Channahon, Channahon, Illinois (in organization). Returned, March 29, 1991. BANK PREMISES Richmond Centura Bank, Rocky Mount, North Carolina — investment in bank premises. Approved, March 28, 1991. Chicago Marine Bank of Champaign - Urbana, Champaign, Illinois — investment in bank premises. Approved, March 28, 1991. H .2 MARCH 25, 1991 PAGE 5 TO MARCH 29, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK PREMISES Chicago NBD Park Ridge Bank, Park Ridge, Illinois — investment in bank premises. Approved, March 26, 1991. BANKS, STATE MEMBER Chicago Old Kent Bank - Chicago, Chicago, Illinois — declaration of a dividend. Withdrawn, March 25, 1991. CAPITAL STOCK Cleveland Citizens Guaranty Financial Corporation, Irvine, Kentucky — redemption of shares. Permitted, March 28, 1991. Chicago Harris Trust and Savings Bank, Chicago, Illinois — to issue capital notes. Approved, March 29, 1991. CHANGE IN BANK CONTROL Dallas Caprock Bancshares, Inc., Shallowater, Texas — change in bank control. Withdrawn, March 28, 1991. Kansas City Citizens Bancshares Co., Chillicothe, Missouri — change in bank control. Permitted, March 25, 1991. Atlanta City Banc Corporation, Childersburg, Alabama — change in bank control. Permitted, March 25, 1991. Minneapolis Commercial Bancshares, Inc., Mitchell, South Dakota — change in bank control. Permitted, March 29, 1991. Kansas City First American Bancshares, Inc., Union Star, Missouri — change in bank control. Permitted, March 26, 1991. H.2 MARCH 25, 1991 PAGE 6 TO MARCH 29, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CHANGE IN BANK CONTROL Minneapolis Maple Lake Bancorporation, Inc., Edina, Minnesota — change in bank control. Permitted, March 27, 1991. Kansas City Midlands Financial Services, Inc., Omaha, Nebraska — change in bank control. Permitted, March 29, 1991. COMPETITIVE FACTORS REPORTS New York Bank of Stamford, Stamford, Connecticut, proposed merger with Greenwich Trust Company, Cos Cob, Connecticut — report on competitive factors. Submitted, March 26, 1991. Cleveland Bank One, Milford, N.A., Milford, Ohio, proposed purchase of certain assets and assumption of liabilities of thirteen branch offices and two CBCT terminals of Citizens Federal Savings & Loan Association, Dayton, Ohio — report on competitive factors. Submitted, March 25, 1991 . Cleveland Bank One, Middleton, Middleton, Ohio, proposed purchase of assets and assumption of liabilities of the Farifield, Ohio, office of Bank One Milford Federal Savings Bank, Milford, Ohio — report on competitive factors. Submitted, March 25, 1991. Atlanta Capital Bank, Miami, Florida, proposed merger with Peoples First National Bank, North Miami Beach, Florida — report on competitive factors. Submitted, March 29, 1991. San Francisco Coastal Capital Funding Corporation, McLean, Virginia, proposed acquisition of New America Savings Bank, Camarillo, California — report on competitive factors. Submitted, March 29, 1991. H.2 MARCH 25, 1991 PAGE 7 TO MARCH 29, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Dallas Compass Bank, Plano, Texas, proposed merger with Compass Bank - Plaza, N.A., Dallas, Texas — report on competitive factors. Submitted, March 29, 1991 . Cleveland First Federal Savings and Loan Association, Lakewood, Ohio, proposed purchase of three branch offices of TransOhio Savings Bank, Cleveland, Ohio, located in Lakewood, Rocky River, and Fairview Park, Ohio — report on competitive factors. Submitted, March 28, 1991 . Richmond First National Bank, Orangeburg, South Carolina, proposed purchase of certain assets and assumption of certain liabilities of the Moncks Corner branch of The Citizens and Southern National Bank of South Carolina, Columbia, South Carolina — report on competitive factors. Submitted, March 25, 1991. S t . Louis First State Bank and Trust Company, Tiptonville, Tennessee, proposed purchase of certain assets and assumption of the liability to pay deposits made in the Paris and Mineral Wells branches of First American National Bank, Nashville, Tennessee; and proposed merger with The Martin Bank, Martin, Tennessee — report on competitive factors. Submitted, March 26, 1991. Chicago Northern Trust Bank / DuPage, Oak Brook, Illinois, proposed merger with NTC Bank, Chicago, Illinois — report on competitive factors. Submitted, March 27, 1991. Chicago Northern Trust of California, National Association, Santa Barbara, California, proposed merger with Tri-Valley National Bank, Dublin, California — report on competitive factors. Submitted, March 27, 1991. H.2 MARCH 25, 1991 PAGE 8 TO MARCH 29, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Chicago Sturgis Federal Savings Bank, Sturgis, Michigan, proposed purchase of the branch of Standard Federal Bank, Troy, Michigan, located at 1001 South Centerville Road, Sturgis, Michigan — report on competitive factors. Submitted, March 28, 1991 . Atlanta Third National Bank in Nashville, Nashville, Tennessee, proposed merger with Mid-South Bank and Trust Company, Murfreesboro, Tennessee — report on competitive factors. Submitted, March 25, 1991. New York United Northern Federal Savings Bank, Watertown, New York, proposed merger with Mohawk Valley Federal Savings Bank, Ilion, New York — report on competitive factors. Submitted, March 29, 1991. EXTENSIONS OF TIKE Cleveland Fifth Third Bank, Cincinnati, Ohio — extension to August 3, 1991, to establish a branch at the northwest corner of Wenger and Union Roads, Englewood, Ohio. Granted, March 27, 1991. S t . Louis Glasgow Bancshares Corporation, Glasgow, Kentucky — extension to April 15, 1991, to acquire Bowling Green Bank & Trust Company, National Association, Bowling Green, Arkansas. Granted, March 26, 1991. Richmond Peoples Bank of Danville, Danville, Virginia — extension to September 26, 1991, to establish a branch at the intersection of Bragg Road and Lendale Lane, Fredericksburg, Virginia. Granted, March 26, 1991. Chicago Royal American Corporation, Inverness, Illinois — extension to June 14, 1991, to acquire Royal American Bank. Granted, March 27, 1991. H.2 MARCH 25, 1991 PAGE 9 TO MARCH 29, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME San Francisco Security Pacific Corporation, Los Angeles, California — extension to divest certain property. Granted, March 25, 1991. INTERNATIONAL OPERATIONS Cleveland Bank One, Indianapolis, N.A., Indianapolis, Indiana — to establish a branch in Grand Cayman, Cayman Islands, British West Indies. Approved, March 26, 1991. Minneapolis Norwest Bank, N.A., Minneapolis, Minnesota — final permit for Norwest Bank International Iowa, Minneapolis, Minnesota, to commence business as an Edge Act corporation. Approved, March 29, 1991. REGULATIONS AND POLICIES Secretary FOMC Federal Open Market Committee — policy record for the meeting of February 5-6, 1991. Published, March 29, 1991. Director, C&CA Regulation Z — update of official staff commentary; revised commentary includes renewals of home equity lines, credit card substitution, and renewable balloon payment mortgages. Approved, March 29, 1991. RESERVE BANK SERVICES Director, FRBO Federal Reserve Bank of Atlanta — to offer an Extended MICR Capture service at the Birmingham and Miami Branches. Approved, March 25, 1991. Director, FRBO Federal Reserve Bank of Atlanta — to offer an Account Post-Sorting service at each office in the Sixth District. Approved, March 25, 1991 . H.2 MARCH 25, 1991 PAGE 10 TO MARCH 29, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY RESERVE BANK SERVICES Director, FRBO Federal Reserve Bank of Atlanta — to lower the dollar threshold for the payor bank reentry service and to make the service available for both first and second presentments. Approved, March 25, 1991. Director, FRBO Federal Reserve Bank of Chicago — proposal for its Detroit Branch to offer a Canadian check collection service through the Helena Branch of the Federal Reserve Bank of Minneapolis. Approved, March 26, 1991. Director, FRBO Federal Reserve Bank of Cleveland — to discontinue its current foreign check collection service and to implement a Canadian check collection service through the Helena Branch of the Federal Reserve Bank of Minneapolis. Approved, March 27, 1991. Director, FRBO Federal Reserve Bank of St. Louis — to offer a Canadian check collection service through the Helena Branch of the Federal Reserve Bank of Minneapolis. Approved, March 26, 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 NEWSPAPER NOTICE ONLY Application C o m m e n t P e r i o d E n d i n g Date N ONE 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 B O T H 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 NON E 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 N ONE S E C T I O N IV - A P P L I C A T I O N S N O T S U B J E C T TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application N ONE S E C T I O N V ~ 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 NON E ♦ S u b j e c t to CR 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 Gerald Shukow, Huntington Station, New York to retain 11.19 percent of the outstanding voting shares of Hamptons Bancshares, Inc., Southampton, New York. N/A SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) None. SECTION IV Applications Not Involving ______ Public Ccanment______ National Westminster USA International Bank, Miami, Florida to amend its Articles of Association. Availability of CRA Public Evaluations March 24. 1991 through March 30. 1991 NAME O F BANK EXAMINATION DATE None. 1/ 2/ 3/ 4/ Subject to provisions of Community Reinvestment Act. Later of dates specified in newspaper and Federal Register notices. Date specified in newspaper notice; a later date may be specified in the Federal Register notice. N/A - Not Available Date specified in Federal Register notice; a later date may be specified in the newspaper notice. FEDERAL RESERVE BANK OF PHILADELPHIA SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Comment Period Ending Date None. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Comment Period Ending Date 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 endina 3/29/91 Institutions Central Bank Hollidaysburg, PA Examination Date 11/26/90 Federal Reserve Bank of Cleveland Applications Bulletin F o r W e e k E n d i n g M a r c h 30, 1991 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 NOTICE ONLY 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 B O T H NEWSPAPER AND FEDERAL REGISTER NOTICE R e c e i v e d S e c t i o n 3(a)(1) a p p l i c a t i o n on * N - April M a r c h 28, 1991 from S u n r i s e Bancorp, Inc., Wheeling, W e s t Virginia, to ac q u i r e T h e B a n k of Wheeling, Wheeling, W e s t Virginia. 25, 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 TO F E D E R A L R E G I S T E R N O TICE O N L Y NONE S E C T I O N IV - A P P L I C A T I O N S N O T SU 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 OR NEWSPAPER NOTICE NONE * # N F - S u b j e c t to C R A E x p e c t e d to e n d 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 Newspaper Comment Period F e d e r a l R e g i s t e r C o m m e n t Period AVAILABILITY 0 7 CRA PUBLIC EVALUATIONS (March 29, 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 the F e d e r a l R e s e r v e 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 t h e 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 evaluation document, please contact t h e bank(s) directly. F i f t h T h i r d B a n k of C o l u m b u s 180 E a s t B r o a d S t r e e t Columbus, O h i o 43215 (614) 2 2 3 - 3 9 5 0 Examined: O c t o b e r 15, 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 Hildebert F. Criste - Notice of Change in Control with respect to Bank Maryland Corp, Towson, Maryland. 4-17-91 CB&T Financial Corp., Fairmont, West Virginia, to acquire 100% of the voting shares of Bank of Hundred, Hundred, West Virginia.* 4-23-91 CB&T Financial Corp., Fairmont, West Virginia, to acquire 100% of the voting shares of Tygarts Valley National Bank, Elkins, West Virginia.* 4-23-91 Section III - 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.** 4-15-91 Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None. *Application is subject to CRA. **Expiration of comment period specified in the Federal Register. Federal*Reserve Bank of Richmond Availability of CRA Public Evaluations Week ending March 29, 1991 Examination Date St. Michaels Bank, St. Michaels, Maryland 1-7-91 Federal R e s e r v e Bank of A t l a n t a A p p l i c a t i o n s Bu l l e t i n for W e e k E n d i n g M a r c h 29. 1991 S e c t i o n 1 - 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 n l y Application C o m m e n t P e r i o d E n d i n g Date Sovran Bank/Tennessee Nashville, T e n n e s s e e To e s t a b l i s h a f u l l - s e r v i c e A T M inside the m a i n lo b b y of The J o h n s o n City M e d i c a l C e n t e r H o s p i t a l to be k n o w n as J o h n s o n C i t y M e d i c a l Center ATM, 400 S t a t e of F r a n k l i n Road, J o h n s o n City, Tennessee. 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 B o t h 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 B a n k F i r s t Ca p i t a l C o r p o r a t i o n Eutis, F l o r i d a 1-BHC formation, BankFirst, Eutis, Florida. Not yet available S e c t i o n 3 - A p p l i c a t i o n s S u b j e c t to Fede r a l Register Notice Only Application C o m m e n t P e r i o d E n d i n g Date Fi r s t S t a t e C o r p o r a t i o n Albany, G e o r g i a To a c q u i r e R a n d o l p h Federal Savi n g s and L o a n A s sociation, Cuthbert, Georgia, p u r s u a n t to S e c t i o n 2 2 5 . 2 5 ( b ) ( 9 ) of R e g u l a t i o n Y; and to m e r g e it w i t h and into its s u b s i d i a r y bank, First S t a t e B a n k & T r u s t Company, Albany, Georgia, p u r s u a n t to the O a k a r A m e n d m e n t of FIRREA. Not yet available Section 4 - Applications Subject Not Subject to Fe d e r a l 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 The Gwinnett Financial Corporation Lawre n c e v i l l e , G e o r g i a To r e p u r c h a s e 100,000 shar e s (20 percent) of its o u t s t a n d i n g c o m m o n stock. Hancock Holding Company Gulfport, M i s s i s s i p p i C o m m i t m e n t w a i v e r request. S e c t i o n 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 * *The C R A p u b l i c e v a l u a t i o n s of the i n s t i t u t i o n s l i s t e d b e l o w b e c a m e a v a i l a b l e d u r i n g the w e e k e n d i n g M a r c h 29, 1991. I n f o r m a t i o n about an i n s t i t u t i o n ' s C R A e v a l u a t i o n m a y be o b t a i n e d d i r e c t l y from the institution. B ank E x a m i n a t i o n Date Sun B a n k of O c a l a Ocala, F l o r i d a 01-07 - 9 1 F a m i l y B a n k of H a l l a n d a l e Hallandale, F l o r i d a 0 1 - 07-91 Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Comment Period E n d in g n a t e Application T ype Merger/ Branch Chemical Bank Bay Area Bay City, Michigan Marlette Branch Office of Old Kent Bank-Central Owosso, Michigan 2593 S. Van Dyke Marlette, Michigan* N - 4-10-91 Branch/24A Fanners State Bank of Western Illinois New Windsor, Illinois 320 N. Division Street Woodhull, Illinois* N - ** Type Section II - Applications Subject Both to Newspaper and Enteral Register Notice Ccxrment Period E n d in g n a t e Application Y-2 Firstbank of Illinois Co. Springfield, Illinois PBM Bancorp, Inc. Marion, Illinois Peeples Bank of Marion Marion, Illinois Rend Lake Bank Christopher, Illinois* Y-2 Prairie Bancorp Manlius, Illinois FR - 3-12-91 N - 3-29-91 FR - 4-15-91 N - ** Bank of Ladd Ladd, Illinois* Y-2 Y-2 Sandwich Banco, Inc. DeKalb, Illinois Colonial Bank of Granite City Granite City, Illinois (in organization)* Valley Banc Services Carp. St. Charles, Illinois Anchor Bank (in organization) Lake Villa, Illinois Mattoon Bank (Charter Only) Mattoon, Illinois* FR - 4-15-91 - 4-15-91 N FR - 4-17-91 N - 1-25-91 Federal Reserve Bank of Chicago Type Section II - Applications Subject to Both Newspaper and Federal Registar Notice (continued) C e m e n t Period Application Ending Date Y-l High Point Financial Services, Inc. Forreston, Illinois Forreston State Bank Forres ton, Illinois* FR - 4-17-91 N - 3-17-91 Y-2 Royal Bancshares, Inc. ElRoy, Wisconsin BGM Bancorporation, Inc. West Des Moines, Icwa Liberty Bank & Trust Gays Mills, Wisconsin* FR - ** N - 4-19-91 Type Section III - Applications Subject to Federal Registar Notice Only Comment Period Application Ending Date Y-4 Northern Trust of California Corporation Chicago, Illinois Berry, Hartell, Evers & Osborne, Inc. San Francisco, California FR - 4-16-91 Y-4 CNBC Bancorp, Inc. Chicago, Illinois Fort Dearborn Federal Savings & Doan Association Chicago, Illinois FR - ** Y-4 Empire Banc Corporation Traverse City, Michigan Traverse City and Grayling branch offices of Great Lakes Bancorp, FSB Ann Arbor, Michigan FR - ** Federal Reserve Bank of Chicago Section IV - Applications Not Subject to Federal Register or Newspaper Notice Type Application None N FR * ** — Newspaper Federal Register Subject to Provisions of Cannunity Reinvestment Act Not available at this time AVAILABILITY OF CRA PUBLIC EVALUATIONS The following institutions were examined for CRA. The 30-business day period the bank has to make the evaluation public, has lapsed during the week ending March 29, 1991. BANK NAME/LOCATION EXAMINATION DATE -INB Banking Company, North Chesterton, Indiana 12/11/90 Federal Reserve Bank of St. Louis FOR THE WEEK ENDING MARCH 29, 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 Magna Group, Inc., Belleville, Illinois, to acquire Landmark Bancshares Corporation, St. Louis, Missouri Not yet available * Section 3(a)(1) application by Magna Acquisition Corporation, Belleville, Illinois, to acquire Landmark Bancshares Corporation, St. Louis, Missouri Not yet available * Section 3(a)(3) application by Bourbon Bancshares, Inc., Bourbon, Missouri, to acquire Peoples Security Bank, Licking, Missouri Not yet available SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application End of Comment Period Section 4(c)(8) application by Magna Group, Inc., Belleville, Illinois, to engage in credit insurance sales and underwriting through the acquisition of Landmark BVI Limited, St. Louis, Missouri Not yet available Section 4(c)(8) application by Magna Group, Inc., Belleville, Illinois, to engage in trust activities through the acquisition of Landmark Trust Company, Fairview Heights, Illinois Not yet available* * This application is subject to CRA. SECTION IV ■- APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE End of Comment Period Application None. Federal Reserve Bank of St. Louis FOR THE WEEK ENDING MARCH 29, 1991 AVAILABILITY OF CRA PUBLIC DISCLOSURES Bank Name First Exchange Bank of North St. Louis County Cltv and State Florissant, Missouri Examination Date 12-17-90 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 Application Comment Period Endine Date Community First Bankshares, Inc. Fargo, ND To acquire Adams Investment Company Fergus Falls, MN* Not yet available Charles H. Burke and Mary R. Burke To increase their ownership to 46.2% and 25.2%, respectively, of South Dakota Bancshares, Inc., Pierre, South Dakota Not yet available Siouxland Bank Holding Company Sioux Falls, SD To acquire Dakota Bankshares, Inc., Fargo, ND, a multibank holding company owning the First Bank in Drake, Drake, ND; Dakota Bank & Trust Co. of Fargo, Fargo, ND; and First National Bank of Hettinger, Hettinger, ND* Not yet available Absarokee Bancorporation, Inc. Absarokee, MT To acquire U-Banc, Incorporated, Red Lodge, M T , a one-bank holding company owning the United Bank of Absarokee, N.A., Absarokee, MT* Not yet available ■^Subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application Commercial Banshares, Inc. Mitchell, SD To acquire Spectrum Life Insurance Company, Mitchell, 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 operating lease activities through the acquisition of $45 million in equipment held under operating leases by Dial Bank, Sioux Falls, SD Not yet available Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Security Bancshares, Co. Glencoe, MN To redeem 29.3% of its voting shares. South Dakota Bancshares, Inc. Pierre, SD To redeem 52.44% of its voting shares. FEDERAL RESERVE BANK OF MINNEAPOLIS Section V - Availability of CRA Public Evaluations week ending March 29, 1991 Bank Name City/State Culbertson State Bank Culbertson, MT 12/10/91 Farmers State Bank West Concord, MN "1/2/91 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 SU B J E C T T O N E W S P A P E R N O T I C E O N L Y APPLICATION The First Bank, Moore, Oklahoma, for pr i o r a p p r o v a l for m e m b e r s h i p in the F e d e r a l R e s e r v e System. COMMENT PERIOD ENDING DATE Not A v a i l a b l e 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 T O B O T H NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING DATE W i l l i a m D. and Jean e t t e A. Whited, Ma r y v i l l e , Missouri, and Donald P. a n d B o n n i e Whited, Tarkio, Missouri, as a group, to a c quire 74.9 percent of the voting shares of Northwest M i s s o u r i Bancshares, Inc., Craig, Missouri. Not A v a i l a b l e Cra i g Reeves, Clayton, New Mexico, for prior app r o v a l 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 in Los Hacendados, Inc., Clayton, New Mexico, by 16.98 percent to 26.19 percent. Not A v a i l a b l e D a l e E. and C y n t h i a Hoosier, WaKee n e y , Kansas, to a cquire 41.15 p e r c e n t of the voting shares, and D o u g l a s A. and Laura Malsam, Hill City, Kansas, to a c q u i r e 33.76 p e r c e n t of the voting shares, of The Fir s t W a K e e n e y Agency, Inc., WaKee n e y , Kansas. Not A v a i l a b l e F r e d e r i c k M. Hartley, Vinita, Oklahoma, and Kelly J. Hartley, Vinita, Oklahoma, 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 O k l a h o m a State Bancshares, Inc., V i nita, Oklahoma, by 40.10 percent to 41.64 percent. Not A v a i l a b l e C h a r l e s R. Clatterbuck, Bellevue, Nebra s k a , for prior approval to inc r e a s e his p r o p o r t i o n a t e own e r s h i p i nterest in C r o w n Bancshares, Inc., Bellevue, Nebraska, by 24.1 percent to 41.3 percent. Not A v a i l a b l e Federal Reserve Bank o f Kansas City R o d e r i c k G. Bugbee, as trustee, for prior a pproval to acquire 100 percent of the voting shares of Quinter Insur a n c e Service, Inc., Quinter, Kansas. C h a r l e s A. Hurth, Sarah Davis Hurth, and Sarah Lane Hurth, St. Cloud, Florida, for prior approval to i ncrease 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 Financial Holdings, Inc., Louisville, Colorado, by 2.4 p ercent to 17.3 percent. Not A v a i l a b l e , Not A v a i l a b l e S E C T I O N III ~ A P P L I C A T I O N S 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 O N L Y APPLICATION CO M M E N T P E R I O D E N DING D A T 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 U BJECT TO 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 W h e a t l a n d Bankshares, Inc., Wheatland, Wyoming,, for prior a p p r o v a l to redeem 11,792 shares of its own voting common stock. H u m e Bancshares, Inc., Hume, Missouri, for prior approval to rede e m 985 shares of its own voting c o m m o n stock. S E C T I O N X - 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/LOCATION F armers State Bank, Colorado Ark V a l l e y Colorado *Application E X A M I N A T I O N DATE Ft. Morgan, Industrial Bank, is subject LaJunta, to CRA. Ja n u a r y 7, 1991 J a nuary 1991 7, FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF MARCH 25, 1991 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY NOTICE EXP APPLICATION None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP Change in Control Notice by Joe C. Wessendorff, Bellville, TX, to acquire an interest in Community Bancorporation, Inc., Bellville, TX N/A *Section 3(a)(1) application by Northpark Interim Corporation, Dallas, TX, to acquire NorthPark Financial Corporation of Delaware, Wilmington, DE, and Northpark National Bank, Dallas, TX 91/04/29 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 25, 1991 Name of Bank McFarland Brothers Bank City & State Logan, New Mexico Date of Examination 01-07-91 * SUBJECT TO CRA. ** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY N/A - NOT AVAILABLE AT THIS TIME. FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 3/29/91 Section I - Applications Subject to Newspaper Notice Only Application 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 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 Hanmi Bank, Los Angeles, California, to establish a branch office at 431 West Seventh Street, Los Angeles, California. * Newspaper: 4/17/91 Section II - Applications Sub.iect to Both Newspaper and Federal Register Notice Bank of Tokyo, Tokyo, Japan, to acquire The Chicago-Tokyo Bank, Chicago, Illinois. * Giant Bay Resources, Ltd., Vancouver, British Columbia, Canada, to acquire 19.62 percent of American Pacific Bank of Aumsville, Aumsville, Oregon. Newspaper: Not available Fed. Reg.: 4/23/91 Newspaper: Not available Fed. Reg.: 4/23/91 Section III - Applications Sub.iect to Federal Register Notice Onlv The Dai-Ichi Kangyo Bank, Limited, Tokyo, Japan, to engage de novo in data processing and data trasmission services and to provide management consulting advice through The CIT Group Holdings, Inc., New York, New York. Fed. Reg.: 4/23/91 FEDERAL RESERVE BANK OF SAN FRANCISCO ( c o n t 'd . ) Week ending 3/29/91 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 San Benito Bank San Benito, California * Subject to CRA Examination Date 12/10/90
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