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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1996, No. 13 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending March 30, 1996 ACTIONS TAKEN BY THE BOARD OF GOVERNORS TESTIMONY AND STATEMENTS Coverage by transfers Committee inclusion Authorized, Regulation E of electronic benefit -- statement submitted to the House on Banking and Financial Services, for in record of hearing on March 27, 1996. March 26, 1996. Current economic conditions and prospects over the medium term -- statement by Alan Greenspan before the House Committee on the Budget. Published, March 27, 1996. Hearing on nomination of Chairman of the Board -statement by Alan Greenspan before the Senate Committee on Banking, Housing, and Urban Affairs at hearing on his nomination for a third term as Chairman of the Board. Published, March 26, 1996. ADVISORY COUNCILS Consumer Advisory Council. Convened, March 28, 1996. BANK HOLDING COMPANIES CoreStates Financial Corp., Philadelphia, Pennsylvania -- to acquire Meridian Bancorp, Inc., Reading, Pennsylvania, and its banking and nonbanking subsidiaries. Approved, March 25, 1996. BOARD OPERATIONS World Wide Web establishment of a home page to provide Federal Reserve System information to the public. Announced, March 25, 1996. H.2 M A R C H 25, 1996 PAGE 2 TO M A R C H 29, 1996 ACTIONS TAKEN BY THE BOARD OF GOVERNORS CHANGE IN BANK CONTROL Citizens Community Bancorp, Inc., Marco Island, Florida -- change in bank control. Permitted, March 25, 1996. INTERNATIONAL OPERATIONS BOT North America International, Inc., New York, New York - - t o make an investment in Bank of Tokyo Mexico, S.A., Mexico City, Mexico. Permitted, March 28, 1996. 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 Richmond Citizens Bank of Virginia, Vienna, Virginia -- to establish a branch at 11600 Plaza America Drive, Reston, Virginia. Approved, March 25, 1996. Richmond Commonwealth Bank, Richmond, Virginia -- to establish a branch at 900 North Parham Road. Approved, March 25, 1996. Minneapolis First Citizens Bank of Poison, Poison, Montana -- to establish a branch in East Missoula, Montana. Approved, March 29, 1996. Richmond Triangle Bank, Raleigh, North Carolina -- to establish a branch at 2100 West Arlington Boulevard, Greenville, North Carolina. Approved, March 26, 1996. New York United Jersey Bank, Hackensack, New Jersey -- to establish a branch at the A&P food market, 522 Chestnut Ridge Road, Woodcliff Lake, New Jersey. Approved, March 27, 1996. H .2 M A R C H 25, 1996 PAGE 3 TO M A R C H 29, 1996 A C T I O N S T A K E N BY THE S T A F F A N D THE F E D E R A L R E S E R V E B A N K S UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Kansas City Advanced Energy Industries, Inc., Fort Collins, Colorado -- registration under Regulation G. Approved, March 25, 1996. Dallas Bastrop Bancshares, Inc., Bastrop, Texas -- to acquire Bastrop Holdings, Inc., Wilmington, Delaware, and The First National Bank of Bastrop, Bastrop, Texas. Approved, March 26, 1996. Dallas Bastrop Holdings, Inc., Wilmington, Delaware - - t o acquire The First National Bank of Bastrop, Bastrop, Texas. Approved, March 26, 1996. Secretary Chemical Banking Corporation, New York, New York -request for an extension of time to submit another request for reconsideration of the Board’s action approving the application to merge with The Chase Manhattan Corporation. Denied, March 29, 1996. GC Chemical Banking Corporation, New York, New York -request for a stay of the Board’s action approving the application to merge with The Chase Manhattan Corporation. Denied, March 29, 1996. Atlanta Community Financial Group, Inc., Nashville, Tennessee -- to acquire Bank of Nashville. Approved, March 29, 1996. Atlanta Community Trust Financial Services Corporation, Hiram, Georgia -- to acquire Personal Finance Service, Inc., Rossville, Georgia, and Rock City Enterprises, Inc., Rockmart, Georgia, and engage in consumer finance business, credit insurance, and tax planning and preparation services. Approved, March 26, 1996. Chicago First Independence Corporation, Detroit, Michigan -request for waiver of a commitment. Granted, March 29, 1996. H.2 M A R C H 25, 1996 PAGE 4 TO M A R C H 29, 1996 A C T I O N S T A K E N BY THE S T A F F A ND T HE F E D E R A L R E S E R V E B ANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago First Michigan Corporation, Holland, Michigan -- to acquire Arcadia Financial Corporation, Portage, Michigan, and Arcadia Bank & Trust Company, Kalamazoo, Michigan. Approved, March 27, 1996. Kansas City First State Bancshares, Inc., Scottsbluff, Nebraska -- to convert Security First Savings and Loan Association, Cheyenne, Wyoming, into Security First Bank. Approved, March 26, 1996. Minneapolis JRS Investments, Limited Partnership, Billings, Montana -- to acquire shares of First Interstate BancSystem of Montana, Inc. Approved, March 26, 1996. Cleveland Mellon Bank Corporation, Pittsburgh, Pennsylvania -request for waiver of an application to merge with Mellon Financial Corporation (MD), Rockville, Maryland. Granted, March 26, 1996. Minneapolis Nbar5 Limited Partnership, Ranchester, Wyoming -- to acquire shares of First Interstate BancSystem of Montana, Inc., Billings, Montana. Approved, March 26, 1996. Kansas City Shickley State Company, Shickley, Nebraska -- to engage de novo in community development activities. Permitted, March 27, 1996. Secretary SouthTrust Corporation, Birmingham, Alabama -request for waiver of an application by SouthTrust of Florida, Inc., Jacksonville, Florida, to acquire First State Bank of Florida, Deltona, Florida. Granted, March 25, 1996. Atlanta Tampa Banking Company, Tampa, Florida -- to engage de novo in investment advisory activities through Florida Investment Advisors, Inc. Permitted, March 27, 1996. H. 2 M A R C H 25, 1996 PAGE 5 TO M A R C H 29, 1996 A C T I O N S T AKEN BY THE S T A F F A N D THE F E D E R A L R E S E R V E BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Philadelphia United Valley Bancorp, Philadelphia, Pennsylvania -to acquire shares of Eagle Valley Financial Services, Inc., and engage in mortgage banking activities. Approved, March 25, 1996. San Francisco Western Washington Bancorp, Inc., Oak Harbor, Washington -- to acquire Whidbey Island Bank. Permitted, March 29, 1996. Atlanta Westside Financial Corporation, Kennesaw, Georgia -to merge with Eastside Holding Corporation, Snellville, Georgia, and acquire Eastside Bank and Trust Company. Approved, March 29, 1996. BANK PREMISES San Francisco First Utah Bank, Salt Lake City, Utah -- investment in bank premises. Approved, March 27, 1996. BANKS, STATE MEMBER San Francisco Bank of America Nevada, Las Vegas, Nevada -- payment of dividends. Approved, March 27, 1996. CAPITAL STOCK Kansas City Kit Carson Insurance Agency, Kit Carson, Colorado -redemption of shares. Approved, March 29, 1996. CHANGE IN BANK CONTROL Chicago Palos Bancshares, Inc., Palos Heights, Illinois -change in bank control. Permitted, March 26, 1996. St. Louis Planters Holding Company, Indianola, Mississippi -change in bank control. Permitted, March 25, 1996. H.2 M A R C H 25, PAGE 6 1996 TO M A R C H 29, 1996 A C T I O N S T A K E N BY THE S T A F F A N D TH E F E D E R A L R E S E R V E B ANKS UNDER DELEGATED AUTHORITY CHANGE IN BANK CONTROL Atlanta Tuscaloosa Bancshares, Inc.., Denham Springs, Louisiana -- change in bank control. Permitted, March 29, 1996. COMPETITIVE FACTORS REPORTS Atlanta Bank of Monticello, Monticello, Georgia, proposed merger with Monticello Interim Inc. -- report on competitive factors. Submitted, March 28, 1996. Boston BayBank National Association, Boston, Massachusetts, proposed merger with BayBank NH, Burlington, Massachusetts -- report on competitive factors. Submitted, March 25, 1996. Boston BayBank New Hampshire, National Association, Nashua, Mew Hampshire, proposed merger with BayBank NH, Derry, New Hampshire -- report on competitive factors. Submitted, March 25, 1996. San Francisco Centennial Bank, Olympia, Washington, proposed merger with First American State Bank, Centralia, Washington -- report on competitive factors. Submitted, March 29, 1996. Atlanta CF Bancshares, Inc., Port St. Joe, Florida, proposed acquisition of Citizens Federal Savings Bank of Port St. Joe -- report on competitive factors. Submitted, March 27, 1996. St. Louis Charter Bank, S.B., Sparta, Illinois, proposed merger with Community Savings Bank, Marion, Illinois -report on competitive factors. Submitted, March 29, 1996. St. Louis Charter Financial, Inc., Sparta, Illinois, proposed acquisition of Community Savings Bank, Marion, Illinois -- report on competitive factors. Submitted, March 29, 1996. H .2 M A R C H 25, 1996 PAGE 7 TO M A R C H 29, 1996 A C T I O N S T A K E N BY THE S T A F F A N D TH E F E D E R A L R E S E R V E B ANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Atlanta Citizens National Bank, Hammond, Louisiana, proposed merger with Bank of Gonzales, Gonzales, Louisiana - report on competitive factors. Submitted, March 27, 1996. Dallas Community National Bank, Hondo, Texas, proposed merger with New Community National Bank -- report on competitive factors. Submitted, March 27, 1996. St. Louis Community Savings Bank, Marion, Illinois, proposed merger with Interim Savings Bank, Sparta, Illinois report on competitive factors. Submitted, March 27, 1996. Chicago Community State Bank, Royal Center, Indiana, proposed purchase of the assets and assumption of the liabilities of the Twelve Mile, Indiana, branch of National City Bank, Indianapolis, Indiana -- report on competitive factors. Submitted, March 26, 1996. San Francisco First Bank of Beverly Hills, F.S.B., Beverly Hills, California, proposed merger with Girard Savings Bank, F.S.B., San Diego, California -- report on compet it ive factors. Submitted, March 29, 1996. Dallas First State Acquisition Corporation, Gainesville, Texas, proposed merger with North Texas Bank & Trust -- report on competitive factors. Submitted, March 29, 1996. Dallas First Valley Bank, Harlingen, Texas, proposed merger with Security State Bank, Pharr, Texas -- report on competitive factors. Submitted, March 27, 1996. Chicago Grinnell State Bank, Grinnell, Iowa, proposed purchase of the assets and assumption of the liabilities of the Marengo, Iowa, branch of Boatmenfs Bank Iowa, N.A., Des Moines, Iowa -report on competitive factors. Submitted, March 25, 1996. H. 2 MARCH 2 5 , PAGE 8 1996 TO MARCH 2 9 , 1996 A C T I O N S TAK E N BY THE STA F F AN D THE F E D E R A L R E S E R V E B ANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Dallas North Texas Bank & Trust, Gainesville, Texas, proposed merger with The First State Bank of Gainesville -- report on competitive factors. Submitted, March 29, 1996. Dallas Texas Gulf Bank, N.A., Freeport, Texas, proposed purchase of the assets and assumption of the liabilities of the Freeport branch of First Commerce Bank, Corpus Christi, Texas -- report on competitive factors. Submitted, March 29, 1996. Atlanta United Security Bank, Thomasville, Alabama, proposed merger with Brent Banking Company, Brent, Alabama - report on competitive factors. Submitted, March 28, 1996. EXTENSIONS OF TIME New York Chemical Bank, New York, New York -- extension to July 5, 1996, to merge with The Chase Manhattan Bank, N .A . Granted, March 29, 1996. Cleveland National City Corporation, Cleveland, Ohio extension to July 20, 1996, to acquire Integra Financial Corporation, Pittsburgh, Pennsylvania. Granted, March 27, 1996. San Francisco Zions Bancorporation, Salt Lake City, Utah -extension to divest certain property. Granted, March 29, 1996. REGULATIONS AND POLICIES Secretary FOMC Federal Open Market Committee -- minutes of the meeting on January 30-31, 1996. Published, March 29, 1996. Director, C&CA Regulation Z -- revisions to the official staff commentary to provide guidance on issues relating to reverse mortgages and mortgages with rates or fees above a certain amount (Docket R-0903). Approved, March 28, 1996. H.2 M A R C H 25, PAGE 9 A D D I T I O N S AND C O R R E C T I O N S 1996 TO M A R C H 29, 1996 ACTIONS TAKEN BY THE BOARD OF GOVERNORS FORMS Domestic Finance Company Report of Consolidated Assets and Liabilities (FR 2248) -- extension with revision. Proposed, March 12, 1996. Finance Company Survey of 1995 (FR 3033s) -- to conduct second stage of voluntary quinquennial survey. Proposed, March 12, 1996. Weekly Report of Assets and Liabilities for Large U.S. Branches and Agencies of Foreign Banks (FR 2069) -- extension with revision. Proposed, March 12, 1996. Weekly Report of Assets and Liabilities for Large Banks (FR 2416) -- extension with revision. Proposed, March 12, 1996. Weekly Report of Selected Assets (FR 2644) -extension with revision. Proposed, March 12, 1996. REGULATIONS AND POLICIES Regulation S -- enhanced recordkeeping requirement for certain wire transfers by financial institutions, effective date deferred from April 1, 1996, to May 28, 1996 (Docket R-08Q7). Approved, February 28, 1996. Wire transfers by financial institutions -amendments to Board and Treasury rules on enhanced recordkeeping requirement for certain wire transfers (Docket R-0888). Approved, November 1, 1995. H.2 M A R C H 25, P A G E 10 ADDITIONS AND CORRECTIONS 1996 TO M A R C H 29, 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Chicago Bank of Waunakee Stock Ownership Plan, Waunakee, Wisconsin, proposed acquisition of shares of Waunakee Bank Shares, Inc., and Bank of Waunakee -report on competitive factors. Submitted, March 22, 1996. Atlanta Enterprise Bank of Atlanta, Dunwoody, Georgia, proposed merger with the following banks in Georgia: Bank of Banks County, Homer; Bank of Clayton, Clayton; The Bank of Heard County, Franklin; Bank of Villa Rica, Villa Rica; Barrow Bank & Trust Company, Winder; Citizens Bank, Ball Ground; First National Bank of Gilmer County, Ellijay; First National Bank of Habersham, Cornelia; First National Bank of White County, Cleveland; Granite City Bank, Elberton; Pickens County Bank, Jasper; The Citizens Bank, Toccoa; The Commercial Bank, Douglasville; The Community Bank of Carrolton, Carrolton; The First National Bank of Gainesville, Gainesville; The First National Bank of Jackson County, Jefferson; The First National Bank of Paulding County, Dallas; The Peoples Bank of Forsyth County, Cumming; First Gwinnett Bank, Norcross; Metro Bank, Atlanta; and Regions Bank of Rome, Rome -- report on competitive factors. Submitted, March 22, 1996. 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 Comment Period Ending Date NONE S E C T I O N II - A P P L I C A T I O N S S U B J E C T TO BOT H N E W S P A P E R AND F E DERAL R E G I S T E R N O T I C E Application Comment Period Ending Date Bank of Boston Corporation, Newspaper Boston, Massachusetts 3 (a) (3)/3(a) (5)/4 (c) (8) Federal Register application to acquire BayBanks, Inc. and indirectly acquire BayBank, National Association, both of Boston, Massachusetts and BayBank NH, Derry, New Hampshire* 04-22-96 04-25-96 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 EDERAL R E G I S T E R N O T I C E O N L Y Comment Period Ending Date Application The Royal Bank of Scotland Group pic, The Royal Bank of Scotland pic, both of Edinburgh, Scotland and Citizens Financial Group, Inc., Providence, Rhode Island - 4(c)(8) notification to acquire First NH Mortgage Corp., Hooksett, New Hampshire and thereby engage in the business of making, acquiring, and servicing mortgage loans Federal Register 04-19-96 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 R E G I S T E R OR N E W S P A P E R N O T I C E Application NONE SECTION V Institution - A V A I L A B I L I T Y OF C R A P U BLIC EVALUA T I O N S Examination Date Rating** NONE ♦Subject to CRA. ♦♦Rating Definitions: "0" - Outstanding; "S" - Satisfactory; Improve; "SN" Substantial Noncompliance. "N" - Needs to FEDERAL RESERVE BAN K OF NEW YO RK Comment Period Ending Date SECTION I Applications Subject to Newspaper ________Notice Only________ None. SECTION II Applications Subject to Both Newspaper and Federal Register Notice R&G Financial Corporation, Hato Rey, San Juan, Puerto Rico, to become a bank holding company with respect to R-G Premier Bank o f Puerto Rico, Hato Rey, San Juan, Puerto Rico. 1/ 04/25/96 3/ SECTION III Nonbanking Applications (subject to Federal Register Notice Only! Societe Generale, Paris, France, to engage in securities brokerage and investment advisory services to the full extent permitted under Sections 225.25(b)(4) and 225.25(b)(15) o f Regulation Y. N/A Deutsche Bank AG, Frankfurt, Germany, to acquire through its subsidiary, debis Financial Services, Inc., Norwalk, Connecticut, all of the shares of Remarketing Services o f America, Inc., Amherst, New York, and thereby to engage in vehicle remarketing, collateral recovery and other related services pursuant to Section 225.25(b)(23) of Regulation Y. N/A Waterhouse Investors Services, Inc., New York, New York, to acquire through its wholly-owned subsidiary, Waterhouse Securities, Inc., New York, New York, 50 percent of the voting shares o f Marketware International, Inc., Holmdel, New Jersey, and thereby to engage in activites incidental to brokerage services, and to provide data processing activities and transmission services pursuant to Sections 225.25(b)(15) and Section 225.25(b)(7) of Regulation Y, respectively. N/A 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 o f ascertaining and helping to meet the credit needs o f its entire delineated community, including low- and moderate- income neighborhoods, in a manner consistent with its resources and capabilities. Needs to 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 o f its entire delineated community, including low- and moderate income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs o f its entire delineated community, including low- and moderate- income neighborhoods, in a manner consistent with its resources and capabilities. W eek E n d in g M a rc h 30. 1996 NAME OF BANK RATING EXAMINATION DATE None. 1/ Subject to provisions o f Community Reinvestment Act. 2/ Later o f dates specified in newspaper and Federal Register notices. 3/ Date specified in newspaper notice; a later date may be specified in the Federal Register notice. 4/ 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 RECEIVED AND SUBJECT TO NEWSPAPER NOTICE ONLY NONE SECTION II - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Carnegie Bancorp, Princeton, NJ to merge with Regent Bancshares Corp., Philadelphia, PA and thereby indirectly acquire Regent National Bank, Philadelphia, PA, pursuant to Section 3 of the Bank Holding Company Act. Federal Register comment period expires: 04/08/96 Newspaper comment period expires: 04/08/96 SECTION III - APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL REGISTER NOTICE ONLY NONE SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NONE FEDERAL RESERVE BANK OF PHILADELPHIA SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS The following institutions w ere examined for CRA. The 30-business day period the bank has to m ake the evaluation public has lapsed during the week ending M arch 29, 1996. Identification o f Ratings In connection with the assessment of each insured depository institution’s C R A perform ance, a rating is assigned from the following groups: Outstanding record of m eeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to m eet the credit needs of its entire delineated community, including low- and m oderate-incom e neighborhoods, in a m anner 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 m eet the credit needs of its entire delineated community, including low- and m oderate-incom e neighborhoods, in a m anner 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 m eet the credit needs of its entire delineated community, including low- and m oderateincome neighborhoods, in a m anner consistent with its resources and capabilities. Substantial noncom pliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to m eet the credit needs of its entire delineated community, including low- and m oderateincome neighborhoods, in a m anner consistent with its resources and capabilities. Bank/Location Examination D ate C R A Rating NONE NONE NONE F ed er a l R eserv e B ank of Cleveland P. 0 . BOX 6387 CLEVELAND, OHIO 44101-1387 APPLICATIONS BULLETIN (For the week ending M arch 30, 1996) SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Received Section 3(a)(1) notification from Peoples National Bancshares, Inc., New Lexington, Ohio, on March 28, 1996, of its intent to acquire Peoples National Bank, New Lexington, Ohio. SECTION * April 20, 1996 n - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Received Section 3(a)(1) application from Pennwood Bancorp, Inc., Pittsburgh, Pennsylvania, March 18, 1996, of its intent to acquire Pennwood Savings Bank, Pittsburgh, Pennsylvania. * Not Yet Known # Received Section 3(a)(3) application from Premier Financial Bancorp, Inc., Georgetown, Kentucky, on March 28, 1996, of its intent to acquire Farmers Deposit Bancorp, Eminence, Kentucky. *N: May 3, 1996 Received Section 3(a)(3) application from KeyCorp, Cleveland, Ohio, on March 26, 1996, of its intent to acquire Key Trust Company of Florida, N .A ., Naples, Florida. *F: April 26, 1996 SECTION m - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY NONE SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE NONE * - Subject to CRA N - Newspaper Comment Period F - Federal Register Comment Period ft - Expected to End 30 Days from Date of Receipt AVAILABILITY O F CRA PUBLIC EVALUATIONS (March 29, 1996) 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 29, 1996. 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 low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NEEDS TO IM PRO V E: 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 moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SUBSTANTIAL NON C O M PLIA N CE: 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 low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NONE F e d e r a l R e s e r v e B a n k of R i c h m o n d Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application Crestar Bank, Richmond, Virginia, to establish a branch in the Williamsburg Landing retirement community at 5700 Williamsburg Landing Drive, Williamsburg, Virginia.'* 4-16-96 Bank of Hampton Roads, Chesapeake, Virginia, to establish a branch at 1400 Kempsville Road, Suite 102, Chesapeake, Virginia.* 4-23-96 Bank of the Commonwealth, Norfolk, Virginia, to establish a branch at 1870 Kempsville Road, Virginia Beach, Virginia.* 4-29-96 Virginia Heartland Bank, Fredericksburg, Virginia, to establish a branch at 1018 Charles Street, Fredericksburg, Virginia.-* 5-1-96 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application FCFT, Inc., Princeton, West Virginia, to acquire 100% of the voting shares of Citizens Bank of Tazewell, Tazewell, Virginia.* First Frederick Financial Corporation, Frederick, Maryland, to become a bank holding company through the acquisition of 100% of the voting shares of First Bank of Frederick, Frederick, Maryland.* Comment Period Ending Date 4-19-96 4-26-96 Section III - Applications Subject to Federal Register Notice Application None. ^Application is subject to CRA requirements. Comment Period Ending Date F e d e r a l R e s e r v e B a n k of R i c h m o n d Section IV - Application Not Subject to Federal Register Notice or Newspaper Notice Application Wachovia Corporation, Winston-Salem, North Carolina, to establish an initial foreign subsidiary and up to five additional foreign subsidiaries in the United Kingdom to engage in and facilitate certain funding transactions. F e d e r a l R e s e r v e B a n k of R i c h m o n d Section V - Availability of CRA Public Evaluations Week ending March 29, 1996 Definition of Ratings Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Examination Date None. Rating Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending March 29, 1996 Section 1 - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date None. Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date The Colonial BancGroup, Inc. Not yet available* Montgomery, Alabama To merge with Southern Banking Corporation, Orlando, Florida, and thereby directly acquire Southern Bank of Central Florida, Orlando, Florida, pursuant to Section 3(a)(5) of the Bank Holding Company Act. P.C.B. Bancorp, Inc. 04-26-96* Largo, Florida Federal Register To acquire Premier Community Bank, Venice, Florida, pursuant to Section 3(a) (3) of the Bank Holding Company A c t . First Forest Corporation Not yet available* Forest, Mississippi After-the-fact change in control by Mr. Olver B. Triplett, III, individually and as trustee of Triplett Trust, to retain 20.41 percent of the outstanding shares of First Forest Corporation, Forest, Mississippi. Section 3 - Applications Subject to Federal Register Only Application Comment Period Ending Date None. Section 4 - Applications Not Subject to Federal Register Notice or Newspaper Notice Application The Colonial BancGroup, Inc. Montgomery, Alabama Commitment waiver request. Deposit Guaranty Corp. Jackson, Mississippi Request for waiver of the application requirement of Section 3 (a) (5) of the Bank Holding Company Act to merge with Bank of Gonzales Holding Company, Inc., Gonzales, Louisiana, and thereby directly acquire Bank of Gonzales, Gonzales, Louisiana. *Subject to provisions of the Community Reinvestment Act. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending March 29, 1996 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 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 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 CRA Rating Date None. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending March 29, 1996 Recently Approved Applications Approval Date SouthTrust Corporation 03-25-96 Birmingham, Alabama Request for waiver of the application requirement of Section 3(a) (3) of the Bank Holding Company Act for the proposal along with SouthTrust of Florida, Inc., Jacksonville, Florida, to acquire First State Bank of Florida, Deltona, Florida. The Tampa Banking Company 03-27-96 Tampa, Florida To engage de novo in investment advisory activities through a subsidiary, Florida Investment Advisors, Inc., Tampa, Florida, pursuant to Section 4(c)(8) of the Bank Holding Company Act and Section 225.25(b)(4) of Regulation Y. Community Trust Financial Services Corporation 03-26-96 Hiram, Georgia To acquire Personal Finance Service, Inc., Rossville, Georgia, and Rock City Enterprises, Inc., Rockmart, Georgia, through its subsidiary, Community Loan Company, Hiram, Georgia, and thereby engage in consumer finance business, credit insurance, and tax planning and preparation services, pursuant to Section 4 (c) (8) of the Bank Holding Company Act and Sections 225.25 (b) (1) (i), 225.25 (b) (8) (ii) and 225.25(b)(21) of Regulation Y. Tuscaloosa Bancshares, Inc. 03-29-96 Denham Springs, Louisiana After-the-fact change in control notice by Mr. Calvin C. Fayard, Jr., to retain 7.6 percent of the outstanding shares of Tuscaloosa Bancshares, Inc., Denham Springs, Louisiana. Community Financial Group, Inc. 03-29-96 Nashvilie, Tennessee 1-BHC formation, The Bank of Nashville, Nashville, Tennessee. Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Type Application Branch Sparta State Bank Sparta, Michigan 4170 17 Mile Road Cedar Springs, Michigan 4949 Plainfield, N.E. Plainfield, Michigan NP - 4-5-96 Merger/Branch Baylake Bank Sturgeon Bay, Wisconsin to acquire the assets and liabilities of The Bank, Manawa, Wisconsin, & establish a branch at 431 S. Bridge Street, Manawa, Wisconsin and at King, Wisconsin NP _ ** Branch First State Bank of Maple Park Maple Park, Illinois at Southeast corner of Rte 47 & Prairie Valley St. Elburn, Illinois NP - ** Branch Fifth Third Bank of Central Indiana Indianapolis, Indiana State Road 135 and Fry Road Greenwood, Indiana NP - 4-6-96 Branch Fifth Third Bank of Central Indiana Indianapolis, Indiana 7272 Fishers Crossing Drive Fishers, Indiana NP - 4-6-96 Branch F&M Bank - Northeast Pulaski, Wisconsin 2300 South Oneida Street Ashwaubenon, Wisconsin NP - 4-19-96 Branch Northern Trust Company Chicago, Illinois 826 S. Northwest Highway Barrington, Illinois NP - 4-15-96 Branch Capac State Bank Capac, Michigan In the vincinty of North Avenue and Armada Ridge Road Armada, Michigan NP - 4-20-96 Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Type Application Branch 1st Source Bank South Bend, Indiana 3600 Portage Avenue South Bend, Indiana 5020 Grape Road Mishawaka, Indiana Comment Period Ending Date NP - 4-19-96 Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Type Application Y-2 Capitol Bancorp, Ltd. Lansing, MI Bank of Tucson Tucson, Arizona (in organization)* FR - 3-29-96 NP - 3-20-96 Y-2 LeMars Bancorporation, Inc. LeMars, Iowa Brunsville Bancorporation, Inc., Brunsville, Iowa First State Bank Brunsville, Iowa Merrill Bancorporation, Inc. Merrill, Iowa Farmers State Bank Merrill, Iowa* FR - 3-29-96 NP - 3-21-96 COC-HC Community Bancshares of Wisconsin, Inc. Grafton, Wisconsin by Gus J. Lukas FR - 3-21-96 NP - 3-31-96 Y-l CBR Holdings, Inc. Winnetka, Illinois Community Bank of Ravenswood Chicago, Illinois* (in organization) FR - 4-25-96 Y-l Home Financial Bancorp Spencer, Indiana Owen Community Bank, s.b. Spencer, Indiana* FR - 3-29-96 NP - 3-22-96 Y-l Main Street Bancorp, Inc. Princeville, Illinois Princeville State Bank Princeville, Illinois* FR - 4-8-96 NP - ** NP - ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Cont’d Comment Period Ending Date TyEe Application Y-l Figge Bancshares, Inc. Davenport, Iowa Ossian State Bank Ossian, Iowa Iowa State Bank Calmar, Iowa* FR - 4-22-96 NP - ** Y-2 Associated Banc-Corp., Green Bay, Wisconsin F&M Bankshares of Reedsburg, Inc. Reedsburg, Wisconsin Farmers & Merchants Bank Reedsburg, Wisconsin* FR - 4-25-96 jsjp - ** Y-2 Associated Banc-Shares, Inc. Madison, Wisconsin F&M Bankshares of Reedsburg, Inc. Reedsburg, Wisconsin Fanners & Merchants Bank Reedsburg, Wisconsin* FR - 4-25-96 NP . ** Y-2 Firstar Corporation Milwaukee, Wisconsin Jacob Schmidt Company St. Paul, Minnesota American Bancorporation, Inc. St. Paul, Minnesota American Bank, NA St. Paul, Minnesota American Commercial Bank St. Paul, Minnesota American Bank Moorhead Moorhead, Minnesota American Bank Lake City Lake City, Minnesota* FR - 4-19-96 Delavan Bancshares, Inc. Delavan, Wisconsin Community Bank Delavan Delavan, Wisconsin (in organization) FR - 4-26-96 NP - 4-26-96 Y-l NP . ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Cont’d Comment Period Ending Date Type Application Y-2 Firstar Corporation of Minnesota Milwaukee, Wisconsin Jacob Schmidt Company St. Paul, Minnesota American Bancorporation, Inc. St. Paul, Minnesota American Bank, NA St. Paul, Minnesota American Commercial Bank St. Paul, Minnesota American Bank Moorhead Moorhead, Minnesota American Bank Lake City Lake City, Minnesota* FR - 4-19-96 NP _ ** Y-2 Independent Bank Corporation Ionia, Michigan North Bank Corporation Hale, Michigan North Bank Hale, Michigan* pR - 4-26-96 NP _ ** Y-l Wildcat, Inc. Cedar Rapids, Iowa VCR Bancorporation, Ltd. Carlisle, Iowa Hartford-Carlisle Savings Bank Carlisle, Iowa* FR - 4-26-96 NP _ ** Y-2 Northland Insurance Agency, Inc. Chicago, Illinois Grand Premier Financial, Inc. Wauconda, Illinois* PR . ** Np - ** Y-2 Keeco, Inc. Chicago, Illinois Grand Premier Financial, Inc. Wauconda, Illinois* FR - ** j^p _ ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Cont’d Comment Period Ending Date Type Application Y-l Grand Premier Financial, Inc. Wauconda, Illinois Northern Illinois Financial Corporation Wauconda, Illinois Grand National Bank Wauconda, Illinois Premier Financial Services, Inc. Freeport, Illinois First Bank North Freeport, Illinois First Bank South Dixon, Illinois Premier Acquisition Company Freeport, Illinois First National Bank of Northbrook Northbrook, Illinois First Security Bank of Cary-Grove Cary, Illinois* PR . ** jsjp _ ** Y-2 Associated Banc-Corp. Green Bay, Wisconsin Mid-America National Bancorp, Inc. Chicago, Illinois Mid-America National Bank of Chicago Chicago, Illinois* FR - ** NP - ** Y-2 Associated Illinois Banc Corp. Green Bay, Wisconsin Mid-America National Bancorp, Inc. Chicago, Illinois Mid-America National Bank of Chicago Chicago, Illinois* FR - ** NP - ** Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Type Application 4(c)(8) Home Financial Bancorp Spencer, Indiana to engage in making, acquiring or servicing loans or other extensions of credit FR - 3-29-96 4(c)(8) First Chicago NBD Corporation Chicago, Illinois to acquire all of the issued and outstanding capital stock of Barrington Bancorp, Inc. Barrington, Illinois First Federal Savings Bank of Barrington Barrington, Illinois FR - 3-25-96 4(c)(8) First Chicago NBD Corporation Chicago, Illinois to exercise the option to acquire up to 19.9% of the currently issued and outstanding shares of common stock of Barrington Bancorp, Inc. Barrington, Illinois First Federal Savings Bank of Barrington Barrington, Illinois FR - 3-25-96 4(c)(8) Sword Financial Corporation Horicon, Wisconsin to engage in making and servicing loans FR - 4-4-96 4(c)(8) Peoples Bancorp, Inc. Prairie du Chien, Wisconsin to engage in Appraisal Services through its subsidiary, Northridge Consulting Corp. Prairie du Chien, Wisconsin PR . ** 4(c)(8) D&D Bancshares, Inc. Mount Auburn, Iowa to engage in making and servicing loans PR . ** 4(c)(8) Grand Premier Financial, Inc. Wauconda, Illinois Premier Insurance Services, Inc. Warren, Illinois PR . ** Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Im. Application 4(c)(8) Heritage Bancshares Group, Inc. Minneapolis, Minnesota to engage in making and servicing loans FR - 4-5-96 4(c)(8) Founders Bancorp, Inc. Scottsdale, Arizona to engage de novo in general insurance activities PR . ** 4(c)(8) Firstar Corporation Milwaukee, Wisconsin American Credit Corporation St. Paul, Minnesota Lake City Agency, Inc. Lake City, Minnesota FR - 4-19-96 4(c)(8) Firstar Corporation of Minnesota Milwaukee, Wisconsin American Credit Corporation St. Paul, Minnesota Lake City Agency, Inc. Lake City, Minnesota FR - 4-19-96 Federal Reserve Bank of Chicago Section IV - Applications Not Subject to Federal Register or Newspaper Notice Type Application -None- N - Newspaper FR - Federal Register * - Subject to Provisions of Community Reinvestment Act ** - Not available at this time Federal Reserve Bank of Chicago Section V - Availability of CRA Public Evaluations The following state member banks have been examined by the Federal Reserve Bank of Chicago for compliance with the CRA. The 30-business day period the bank has to make the evaluation public has lapsed during the week ending March 29, 1996. If you are interested in obtaining a copy of the evaluation document, please contact the bank(s) directly. Identification of Ratines 0 - 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 substantial noncompliance 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 EXAMINATION DATE RATINGS The Security Trust & Savings Bank 617 West Sheridan P.O. Box 308 Shenandoah, Iowa 51601-0811 (712) 246-1311 12/26/95 S Parish Bank & Trust Company 29 Dixie Highway Momence, Illinois 60954-0228 (815) 472-2676 12/26/95 S Federal Reserve Bank of St. Louis FOR THE WEEK ENDING MARCH 29,1996 SECTION I - APPLICATIONS SUBJECT TQ NEWSPAPER NOTICE End of Comment Period Application None. n SECTION - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application End of Comment Period None. APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application End of Comment Period Section 4(c)(8) notification by Farmers Bancshares, Inc., Hardinsburg, Kentucky, to engage, d£ novo, through its Wholly-owned subsidiary, Farmers Bancshares Finance Corp., Inc., Hardinsburg, Kentucky, in property insurance and automobile club memberships. Not yet available SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Application End of Comment Period Section 9 membership application by The Bank of Yellville, Yellville, Arkansas. N/A FEDERAL RESERVE BANK OF ST. LOUIS St. Louis, Missouri AVAILABILITY OF CRA PUBLIC DISCLOSURES Identification 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 o f meeting community credit needs An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs o f its entire delineated community, including low- and moderate- income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record 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. FOR THE WEEK ENDING March 29, 1996 Name of Bank None Bank Address Examination Date Examination Rating FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to Newspaper Nolicsltoly Comment Period Ending Date Application Pioneer Bank, Mapleton, Minnesota, for prior approval to merge with The First National Bank of Elmore, Elmore, Minnesota, and incident thereto, establish branches in Elmore, Minnesota and Delavan, Minnesota. Not yet available FEDERAL RESERVE BANK OF MINNEAPOLIS Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Straight River Bancshares, Inc., Ellendale, Minnesota, for prior approval to become a bank holding company throught the acquisition of 99% of the voting shares of Bank of Ellendale, Ellendale, Minnesota. * Not yet available Higgins Bancorporation, Inc., Rosemount, Minnesota, for prior approval to become a bank holding company through the acquisition of 75.1% of the voting shares of The First State Bank of Rosemount, Rosemount, Minnesota. * Not yet available Kanabec Credit Company, Mora, Minnesota, for prior approval to acquire 5.5% of the voting shares of the First Citizens Financial Corp., Mason City, Iowa. * Not yet available Flathead Holding Company of Bigfork, Bigfork, Montana, for prior approval to acquire 23.44% of the voting shares of the Bankwest National Association, Kalispell, Montana. * Not yet available Lon Rylander to acquire control of 25.2% of the voting shares of Ashby Bancshares, Inc., Ashby, Minnesota. Not yet available ^Subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section m - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application Nonvest Corporation, Minneapolis, Minnesota, to engage in thrift activities, throught the acquisition of PriMerit Bank, fbs, Las Vegas, Nevada. FEDERAL RESERVE BANK OF MINNEAPOLIS Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Ashby Bancshares, Inc., Ashby, Minnesota, to redeem 33.2% of its voting shares. April 16, 1996 FEDERAL RESERVE BANK OF MINNEAPOLIS Section V - Availability of CRA Public Evaluations week aiding March 29,1996 ASSIGNMENT OF RATING Identification of Ratines In connection with the assessment of each insured depository institution’s CRA performance, a rating is assigned from the following groups: OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including 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. BANKISI EXAMINED NONE. DATE OF EXAMINATION CRA RATING Federal Reserve Bank of Kansas City SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION Gunnison Bank and Trust Company, Gunnison, Colorado, for prior approval to invest an additional $60,000 in bank premises. COMMENT PERIOD ENDING DATE Not Available SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION Anthony A. & Mary E. Anderson, Mobridge, South Dakota, to acquire a total of 6.66 percent; Kelly L. & Shelly D. Christianson, Hot Springs, South Dakota, to acquire a total of 8.67 percent; Danny B. & Rebecca J. Decker, Casper, Wyoming, to acquire a total of 4.33 percent; Kenny L. & Barbara B. DeGering, Lusk, Wyoming, to acquire a total of 8.67 percent; Kenny G. & Linda M. Decker, Lusk, Wyoming, to acquire a total of 4.33 percent; Thomas D. & Candace L. Dooper, Lusk, Wyoming, to acquire a total of 8.67 percent; Jay E. & Leslie L. Hammond, Lusk, Wyoming, to acquire a total of 4.33 percent; Ralph K. Hammond Trust, Ralph K. Hammond, trustee, both of Loveland, Colorado to acquire 4.33 percent; Henry Dale & Janice K. Hytrek, Lusk, Wyoming, to acquire a total of 6.66 percent; Eugene L. & Carol A. Kupke, Lusk, Wyoming, to acquire a total of 8.67 percent; Norbanc Group, Inc., Pine River, Minnesota, to acquire a total of 8.67 percent; Jacob E. & Lorrie K. Reed, Lusk, Wyoming to acquire a total of 8.67 percent; Joel D. & Laurie J. Wasserburger, Lusk, Wyoming, to acquire a total of 8.67 percent; and Thomas L. & Valerie A. Wasserburger, Lusk, Wyoming, to acquire a total of 8.67 percent, of the voting shares of Banker’s Capital Corporation, Lusk, Wyoming. COMMENT PERIOD ENDING DATE April 11, 1996 Federal Reserve Bank of Kansas City SECTION III - APPLICATIONS SUBJECT TO FEDERAL R EG ISTER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE First Newman Grove Bankshares, Inc., Newman Grove, Nebraska, for prior approval to engage de novo through its subsidiary, Meadow Ridge Partners, LLC, Norfolk, Nebraska, in community development activities. April 18, 1996 SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL R EG ISTER 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: 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 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 moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Federal Reserve Bank of Kansas City 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 None.* *Application is subject to CRA. Exam Date CRA Public Date CRA Rating FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF MARCH 25, 1996 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY NOTICE EXP APPLICATION ♦Section 9 application by Central Bank, Monroe, LA, to establish a branch at 330 Marshall Street, Shreveport, LA 71101 96/03/25 ♦Section 18(c) application received from Midland American Bank, Midland, TX, to merge with Stanton National Bank, Stanton, TX (Previously reported during the week of 2-19-96) 96/03/23 ♦Section 9 application received from Midland American Bank, Midland, TX, to establish a branch at 1211 N. Lamesa Highway, Stanton, TX 79782 (Previously reported during the week of 2-19-96) 96/03/23 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP ♦Section 3(a)(1) application by Duncanville Bancshares, Inc., Duncanville, TX to acquire Duncanville National Bank, Duncanville, TX N/A ♦Section 3(a)(1) application by Unicorp Bancshares - Delaware, Inc., Dover, DE to acquire OrangeBank, Orange, TX N/A ♦Section 3(a)(3) application by Unicorp Bancshares - Delaware, Inc., Dover, DE to acquire First Texas Bank, Vidor, TX N/A ♦Section 3(a)(3) application by Unicorp Bancshares - Texas, Inc., Orange, TX to acquire Vidor Bancorporation, Inc., Vidor, TX and First Texas Bank, Vidor, TX N/A Change in Control Notice by First Grayson Bancshares, Inc. ESOP, Whitesboro, TX, to acquire an interest in First Grayson Bancshares, Inc., Whitesboro, TX N/A Change in Control Notice by Metroplex North Bancshares, Inc. ESOP, Whitesboro, TX, to acquire an interest in Metroplex North Bancshares, Inc., Whitesboro, TX N/A Change in Control Notice by Kyle N. Deaver, Waco, TX, and John L. Deaver Waco, TX, to acquire an interest in American National Bancshares, Inc., Waco, TX N/A Change in Control Notice by Shirley Garrison, Hereford, TX, to acquire an interest in Plains Bancorp,, Inc., Dimmitt, TX (Resubmission) (Previously reported during the week of 3-4-96) Change in Control Notice by Edwin Warren Rumage, Trustee, Jacksboro, TX to acquire an interest in Jacksboro National Bancshares, Inc., Jacksboro, TX 96/04/04 N/A *Section 3(a)(1) application by Outsource Capital Group, Inc., Lubbock, TX, to acquire Outsource Delaware Capital Group, Inc., Dover, DE, and First Bank & Trust Co., White Deer, TX (Previously reported during the week of 2-19-96) 96/05/04 *Section 3(a)(1) application by Outsource Delaware Capital Group, Inc., Dover, DE, to acquire First Bank & Trust Co., White Deer, TX (Previously reported during the week of 2-19-96) 96/05/04 *Section 3(a)(1) application by Medina Community Bancshares, Inc., Hondo, TX, to acquire Community National Bank, Hondo, TX (Previously reported during the week of 2-26-96) 96/04/15 *Section 3(a)(1) application by Medina Community Bancshares of Delaware, Inc., Wilmington, DE, to acquire Community National Bank, Hondo, TX (Previously reported during the week of 3-11-96) 96/04/15 *Section 3(a)(1) application by Southwest Bancorporation, Inc., Houston, TX, to acquire Southwest Bancorporation of Delaware, Inc., Wilmington, DE, and Southwest Bank of Texas, N.A., Houston, TX (Previously reported during the week of 2-26-96) 96/04/05 ♦Section 3(a)(1) application by Southwest Bancorporation of Delaware, Inc., Wilmington, DE, to acquire Southwest Bank of Texas, N.A., Houston, TX (Previously reported during the week of 2-26-96) 95/04/05 Change in Control Notice by Marvin Doyce Middlebrook, Lubbock, TX, and Randall Wade Middlebrook, Lubbock, TX, to acquire an interest in Caprock Bancshares, Inc., Shallowater, TX (Previously reported during the week of 3-4-96) 96/04/11 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE NOTICE ONLY APPLICATION NOTICE EXP Section 4(c)(8) de novo notification by Texas Bancshares, Inc., San Antonio, TX to engage in the activity of making loans to certain executive officers, directors, affiliates and principal shareholders of Texas Bancshares, Inc., and to certain executive officers and directors and their related interests of its wholly owned subsidiary banks 96/04/17 SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None.* * SUBJECT TO CRA. ** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY. N/A - NOT AVAILABLE AT THIS TIME. SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS FOR THE WEEK OF MARCH 25, 1996 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 None. Date of Examination CRA Rating SECTION VI - CRA EXAMINATIONS SCHEDULED (1st Qtr. 1996) Examinations may have to be rescheduled during the calendar quarter in which they are designated to begin. If an institution’s examination is rescheduled for a date later than the end of the date range reflected in a published schedule, the institution’s name will be republished in an appropriate later listing. Any comments received as a result of either the first publication or subsequent publications will be considered during the examination. Bank The State Bank of Texas Houston, Texas Bank of Troy Troy, Texas FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 3/29/96 Section I - Applications Sub.iect to Newspaper Notice Only A d d !ication Comment Period Ending Date Oak Valley Community Bank, Oakdale, California, to establish a branch office at 14580 Mono Way, Sonora, California. * Newspaper: 4/20/96 West One Bank, Idaho, Boise, Idaho, to acquire 7 branch offices of U.S. Bank of Idaho, N.A., Coeur d ’Alene, Idaho, as a result of a merger. * Newspaper: Not available Section II - Applications Sub.iect to Both Newspaper and Federal Register Notice Security Bank Holding Company, and Security Bank Holding Company ESOP, Coos Bay, Oregon, to acquire Lincoln Security Bank (In Organization), Newport, Oregon. * Newspaper: 4/15/96 Fed. Reg.: 4/19/96 First Hawaiian, Inc., Honolulu, Hawaii, to indirectly acquire, through Pacific One Bank, Idaho First Bank, Boise, Idaho. * Newspaper: 1/30/96 Fed. Reg.: 4/02/96 B. John, Thomas J., Michael B. and Jessica M. Barry, Aspen, Colorado, to increase ownership to more than 25 percent of Redwood Empire Bancorp, Santa Rosa, California. * Newspaper: Not available Fed. Reg.: Not available U.S. Bancorp, Portland, Oregon, to merge with California Bancshares, Inc., San Ramon, California, and to acquire all of their bank subsidiaries. * Newspaper: Not available Fed. Reg.: Not available U.S. Bancorp, Portland, Oregon, to acquire an option to purchase 19.9 percent of California Bancshares, Inc., San Ramon, California. * Newspaper: Not available Fed. Reg.: Not available Section III -Applications Sub.iect to Federal Register Only First Hawaiian, Inc., Honolulu, Hawaii, to acquire through its subsidiary, Pioneer Federal Savings Bank, Honolulu, Hawaii, 3 branch offices of West One Bank, Washington, 1 branch office of U.S. Bank of Washington, N.A., and 1 branch facility of U.S. Bank of Washington, N.A. * Subject to CRA. Fed. Reg.: 4/02/96 FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 3/29/96 Section III -Applications Subject to Federal Register Only (cont’d.) U.S. Bancorp, Portland, Oregon, to acquire CBI Mortgage, Modesto, California; Island Bancorp Leasing, Inc., Alameda, California; LNB Corp., Pleasanton, California; and Eden Financial Corporation, Alameda, California, as a result of a merger with California Bancshares, Inc., San Ramon, California. Fed. Reg.; Not available Section IV - Applications Not Sub.iect to Federal Register Notice or Newspaper Notice (Cont’d.1 None Section V - Availability of CRA Public Evaluations The CRA public evaluations of the institution(s) below became available during this week. Information about a particular institution’s CRA evaluation may be obtained directly from the institution. Institution Location Examination Date Rating* None ♦Under the rating system an institution’s CRA performance is assigned one of the following four ratings: Outstanding record of meeting community credit needs: An institution has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs: An institution has a satisfactory record of ascertaining and meeting the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to Improve record of meeting community credit needs: An institution needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- to 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- to moderate-income neighborhoods, in a manner consistent with its resources and capabilities. The above listing has been prepared as a courtesy by the Federal Reserve Bank of San Francisco, and is not intended to replace formal notices required by statute or regulation; the Reserve Bank assumes no responsibility for errors or omissions.
@FedFRASER