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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1993, No. 10 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending March 6, 1993 ACTIONS TAKEN BY THE BOARD OF GOVERNORS TESTIMONY AND STATEMENTS Credit crunch and credit availability for small businesses -- statement by Vice Chairman Mullins before the Senate Committee on Small Business, March 4, 1993. Published, March 4, 1993. BANK HOLDING COMPANIES Banc One Corporation, Columbus, Ohio -- to acquire Valley National Corporation, Phoenix, Arizona, First Community Bancorp, Inc., Rockford, Illinois, and Key Centurion Bancshares, Inc., Charleston, West Virginia and their subsidiaries. Approved, March 1, 1993. Comerica Incorporated, Detroit, Michigan, and Comerica Texas Incorporated -- to acquire NorthPark National Bank of Dallas, Dallas, Texas. Approved, March 1, 1993. Eva Bancshares, Inc., Eva, Alabama — First Bank of Eva. Approved, March 1, 1993. to acquire Westamerica Bancorporation, San Rafael, California -to acquire Napa Valley Bancorp, Napa; Bank of Lake County, N.A., Lakeport; Sonoma Valley Bank, Sonoma; and Suisan Valley Bank, Fairfield, California. Approved, March 1, 1993. BOARD OPERATIONS Freedom of Information Act — Published, March 3, 1993. annual report for 1992. ENFORCEMENT Buffalo Bank, Eleanor, West Virginia — order of assessment of a civil money penalty against Arthur T. Ciccarello. Announced, March 3, 1993. H .2 FEBRUARY 28, PAGE 2 1993 TO MARCH 6, 1993 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 Bruceton Bank, Bruceton Mills, West Virginia — to establish an electronic funds transfer facility at 1766 Mileground Road, Morgantown, West Virginia. Approved, March 2, 1993. Richmond Bruceton Bank, Bruceton Mills, West Virginia — to establish an electronic funds transfer facility at the intersection of State Route 857 and Interstate 68, Morgantown, West Virginia. Approved, March 2, 1993. Atlanta Guaranty Bank of Southwest Florida, Venice, Florida - to establish a branch at 275 South Tamiami Trail. Approved, March 6, 1993. BANK HOLDING COMPANIES Minneapolis Alpha-Omega Holding Company, Victor, Montana — acquire Farmers State Bank, Victor, Montana. Approved, March 3, 1993. Kansas City Archer, Inc., Palmer, Nebraska, and Osceola Insurance, Inc., Osceola, Nebraska — to purchase Guaranty Corporation, Denver, Colorado. Approved, March 5, 1993. St. Louis Area Bancshares Corporation, Owensboro, Kentucky to acquire Commonwealth Bancorp, Glasgow, Kentucky. Approved, March 2, 1993. Minneapolis Bank of Montana System, Great Falls, Montana — to engage in insurance agency activities through Montana Bancsystem, Inc., Billings, Montana. Approved, March 1, 1993. New York Bankers Trust New York Corporation, New York, New York — to acquire Bankers Trust Company Connecticut LTD., Greenwich, Connecticut. Approved, March 4, 1993. to H .2 FEBRUARY 28, 1993 PAGE 3 TO MARCH 6, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Secretary BayBanks, Inc., Boston, Massachusetts, Chemical Banking Corporation, New York, New York, Fleet Financial Group, Providence, Rhode Island, National Westminster Bank PLC, London, England, The Bank of New York Company, Inc., New York, New York, The Chase Manhattan Corporation; and HSBC Holdings PLC, London, England -- to expand the operations of the New York Switch Corporation, New York, New York into Connecticut and Vermont. Approved, March 3, 1993. Dallas BBS Corp., Socorro, New Mexico — to acquire First State Bank, Socorro, New Mexico. Approved, March 1, 1993. St. Louis CBN Bancshares, Inc., Evansville, Indiana — to acquire Peoples Security Investment, Inc., Madisonville, Kentucky. Withdrawn, March 4, 1993. Atlanta Century Bancorp, Inc., Milledgeville, Georgia — acquire Century Bank and Trust. Approved, March 2, 1993. Chicago Columbus Bancorp, Inc., Indianapolis, Indiana -investment in a community development project through Gardenview Limited Partnership, Corunna, Indiana. Returned, March 1, 1993. Atlanta Early Bancshares, Inc., Blakely, Georgia — acquire Bank of Early. Approved, March 5, 1993. St. Louis Exchange National Bancshares, Inc., Jefferson City, Missouri — to acquire Exchange National Bank of Jefferson City. Approved, March 3, 1993. Chicago Farmers & Merchants Bancshares, Inc., Burlington, Iowa — to acquire Farmers & Merchants Bank, Burlington, Iowa. Approved, March 1, 1993. to to H.2 FEBRUARY 28, 1993 PAGE 4 TO MARCH 6, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES GC FirsTier Financial, Inc., Omaha, Nebraska — determination that sale of assets and assumption of liabilities of the West Point and Wayne branches of FirsTier Savings Bank constitute divestiture. Granted, March 3, 1993. Kansas City Green-Top, Inc., Central City, Nebraska — to merge with Anmer Corporation, Neligh, Nebraska, Dawson Corporation, Lexington, Nebraska, Heartland Bancorporation, Aurora, Nebraska, North Platte Corporation, Torrington, Wyoming; Pinnacle Bancorp, Inc., Fort Lupton, Colorado, and Shelby Insurance, Inc., Shelby, Nebraska. Approved, March 4, 1993. Kansas City Green-Top, Inc., Central City, Nebraska — de novo in lending activities. Permitted, March 5, 1993. Chicago Howard Bancorp, Inc., Glenview, Illinois — acquire Howard Savings Bank. Returned, March 4, 1993. GC JEMS, Inc., Lake View, Iowa — determination that sale of a farm and an insurance business of JEMS constitutes divestiture. Granted, March 2, 1993. Cleveland Mid Am, Inc., Bowling Green, Ohio — to purchase the assets and assume the liabilities of three Marion and one Upper Sandusky, Ohio, branch of Home Savings of America, F.S.B., Irwindale, California. Approved, March 5, 1993. Kansas City Midwest National Bancshares, Inc., Midwest City, Oklahoma — to merge with Harrah National Bancshares, Inc., Harrah, Oklahoma. Approved, March 4, 1993. Minneapolis Newberry Bancorp, Inc., Sault Ste. Marie, Michigan — to engage de novo in community development activities through Northern Michigan BIDCO, Inc. Approved, March 3, 1993. to engage to H.2 FEBRUARY 28, 1993 PAGE 5 TO MARCH 6, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago Peotone Bancorp, Inc., Peotone, Illinois — to acquire SC Bancorp, Inc., Worth, Illinois, and The Sun City Bank, Sun City, Arizona. Approved, March 1, 1993. Chicago SC Bancorp, Inc., Worth, Illinois — Sun City Bank, Sun City, Arizona. Approved, March 1, 1993. Chicago Southwest Bancorp, Inc., Worth, Illinois — to acquire SC Bancorp, Inc., and The Sun City Bank, Sun City, Arizona. Approved, March 1, 1993. San Francisco Sumitomo Bank, Limited, Osaka, Japan — to maintain shares in CPB, Inc., Honolulu, Hawaii (which owns Central Pacific Bank). Approved, March 2, 1993. St. Louis Wes-Tenn Bancorp, Inc., Covington, Tennessee -proposal that Tipton County Bank, Covington, Tennessee, merge with Tri-County Federal Savings Bank. Approved, March 3, 1993. to acquire The BANK PREMISES Richmond Citizens Bank and Trust Company, Blackstone, Virginia — investment in bank premises. Approved, March 5, 1993. St. Louis First State Bank of Dongola, Dongola, Illinois -investment in bank premises. Approved, March 4, 1993. St. Louis Midland Bank of Lenexa, Lenexa, Kansas — in bank premises. Approved, March 1, 1993. St. Louis River Valley Bank and Trust, Lavaca, Arkansas -investment in bank premises. Approved, March 4, 1993. investment H.2 FEBRUARY 28, 1993 PAGE 6 TO MARCH 6, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CHANGE IN BANK CONTROL Kansas City Bank of Laramie, Laramie, Wyoming — control. Permitted, March 5, 1993. change in bank Atlanta Public Bank Corporation, Saint Cloud, Florida — change in bank control. Permitted, March 1, 1993. COMPETITIVE FACTORS REPORTS Atlanta Bank of East Tennessee, Knoxville, Tennessee, proposed merger with BOBT Interim Bank — report on competitive factors. Submitted, March 1, 1993. Richmond Caldwell Savings Bank, Inc., SSB, Lenoir, North Carolina, proposed merger with Caldwell Savings Bank, Inc., SSB, Raleigh, North Carolina — report on competitive factors. Submitted, March 1, 1993. Atlanta Central Bank & Trust, Cordele, Georgia, proposed merger with Interim Central Corporation — report on competitive factors. Submitted, March 4, 1993. Atlanta Central Gwinnett Bank, Norcross, Georgia, proposed merger with Interim Gwinnett Corporation — report on competitive factors. Submitted, March 4, 1993. Cleveland Charter Oak Federal Savings Bank, Cincinnati, Ohio, proposed merger with The Huntington National Bank, Columbus, Ohio — report on competitive factors. Submitted, March 1, 1993. St. Louis Citizens Bank & Trust Company, Belzoni, Mississippi, proposed merger with Bank of Flora, Flora, Mississippi — report on competitive factors. Submitted, March 2, 1993. H.2 FEBRUARY 28, 1993 PAGE 9 TO MARCH 6, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS St. Louis Wedge Bank, Alton, Illinois, proposed merger with Godfrey State Bank, Godfrey, Illinois — report on competitive factors. Submitted, March 2, 1993. EXTENSIONS OF TIME Chicago Bosshard Financial Group, Inc., La Crosse, Wisconsin — extension to May 28, 1993, to redeem shares. Granted, March 3, 1993. Chicago Cole-Taylor Financial Group, Inc., Northbrook, Illinois — extension to May 14, 1993, to engage de novo in credit related insurance through Cole Taylor Life Insurance Company, Inc., Wheeling, West Virginia. Granted, March 4, 1993. Richmond Crestar Financial Corporation, Richmond, Virginia -extension to June 8, 1993, to engage in fullservice brokerage activities. Granted, March 5, 1993. San Francisco U.S. Bancorp, Portland, Oregon — divest certain properties. Granted, March 4, 1993. Kansas City Bank of Papillion, Papillion, Nebraska -- to become a member of the Federal Reserve System. Approved, March 5, 1993. Kansas City Crete State Bank, Crete, Nebraska -- to become a member of the Federal Reserve System. Approved, March 5, 1993. Kansas City Farmers State Bank, Lexington, Nebraska — a member of the Federal Reserve System. Approved, March 5, 1993. extensions to MEMBERSHIP to become H .2 FEBRUARY 28, 1993 PAGE 10 TO MARCH 6, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY MEMBERSHIP Kansas City First Security Bank, Mitchell, Nebraska — a member of the Federal Reserve System, Approved, March 5, 1993. to become Kansas City First Security Bank, Craig, Colorado — to become a member of the Federal Reserve System. Approved, March 5, 1993. Kansas City First Security Bank, Windsor, Colorado — member of the Federal Reserve System. Approved, March 5, 1993. Kansas City First United Bank, Neligh, Nebraska — to become a member of the Federal Reserve System. Approved, March 5, 1993. Kansas City Gretna State Bank, Gretna, Nebraska — to become a member of the Federal Reserve System. Approved, March 5, 1993. Kansas City Schuyler State Bank & Trust Co., Schuyler, Nebraska - to become a member of the Federal Reserve System. Approved, March 5, 1993. Kansas City State Bank, Palmer, Nebraska — the Federal Reserve System. Approved, March 5, 1993. to become a to become a member of RESERVE BANK SERVICES GC Collection of Cash Items and Returned Checks amendments to operating circulars to permit intermingling of cash items and returned eheoks. Approved, March 5, 1993. 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 Banco Santander, S.A., Santander, Spain to acquire indirectly through its subsidiary, First Fidelity Bancorporation, Lawrenceville, New Jersey, up to 100 percent of the shares of Northeast Bancorp, Inc., New Haven, Connecticut.!/ 3/26/93 2/ T R Financial Corp, Garden City, New York, to become a bank holding company with respect to Roosevelt Savings Bank, Garden City, New York.l/ 3/25/93 2/ SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) None SECTION IV Applications Not Involving ______ Public Comment______ None. SECTION V Availability of CRA Public Evaluations In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following group: Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate- income neighbor hoods, in a manner consistent with its resources and capabilities. Week Ending March 6. 1993 NAME OF BANK RATING 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. Date specified in Federal Register notice; a later date may be specified in the newspaper notice. N/A - Not Available FEDERAL RESERVE BANK OF BOSTON APPLICATIONS SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Application Comment Period Ending Date NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Comment Period Ending Date Bank of Boston Corporation, Boston, Massachusetts - 3(a)(3)/ 3( a ) (5) application to acquire Multibank Financial Corporation, Dedham, Massachusetts Newspaper 03-31-93 Federal Register Not Yet Established SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Application Comment Period Ending Date Royal Bank of Scotland Group, pic, Edinburgh, Scotland - 4 (c)(8) application to acquire Standard Chartered Equitor Asset Management NA, Inc. and Union Investors Asset Management, both of Boston, Massachusetts Fleet Financial Group, Inc., Providence, Rhode Island 4( c ) (8) notification to transfer Fleet Factors Corporation, New York, New York from Fleet Bank of New York, Albany, New York, to Fleet Financial Group, Inc., Providence, Rhode Island Federal Register Not Yet Established Federal Register Not Yet Established SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE ♦Subject to CRA SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS ♦Rating Definitions: "0" - Outstanding; "S" - Satisfactory; - Needs to Improve; "SN" - Substantial Noncompliance. Institution Examination Date NONE i Ratina* "N" 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 None. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE None. 1/ Subject to provisions of Community Reinvestment Act. * N/A - not yet available. FEDERAL RESERVE BANK OF PHILADELPHIA •vcv. SECTION V - 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 5, 1993 Identification of Ratings In connection with the assessment of each insured depository performance, a rating is assigned from the following groups: institution's CRA Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining end 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 ?# ascertaining and helping to meet the credit needs of its entire delineated commimity, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Bank/Location Examination Date CRA Rating Federal Reserve Bank of Cleveland Applications Bulletin For Week Ending March 6, 1993 SE C T IO N I - A P P L IC A T IO N S SU B JE C T TO NEWSPAPER NO TIC E ONLY NONE SE C T IO N I I - A P P L IC A T IO N S S U B JE C T TO BOTH NEWSPAPER AND FEDERAL R E G IST E R NO T IC E Received Section 3( a ) (3) application from Hometown Bancshares, Inc., Middlebourne, West Virginia, on February 22, 1993, to acquire The First National Bank of Powhatan Point, Powhatan Point, Ohio. SE C T IO N I I I * F: March 26, 1993 - A P P L IC A T IO N S SU B JE C T TO FEDERAL R E G IST E R NO TIC E ONLY NONE SE C T IO N I V - A P P L IC A T IO N S NOT SU B JE C T TO FEDERAL R E G IST E R N O TIC E OR NEWSPAPER N O T IC E None * N F # - Subject to CRA Newspaper Comment Period Federal Register Comment Period Expected to end approximately 30 days from date of application's receipt. AVAILABILITY OF CRA PUBLIC EVALUATIONS (March 6, 1993) 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 February 26, 1993. If you are interested in obtaining a copy of an evaluation document, please contact the bank(s) directly. There are four descriptive ratings for CRA: OUTSTANDING: a bank in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SATISFACTORY: a bank in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NEEDS TO IMPROVE: a bank in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. SUBSTANTIAL NON COMPLIANCE: a bank in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NONE Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Hanover Bank, Mechanicsville, Virginia, to establish a branch at 8001 West Broad Street, Richmond, Virginia.* 4-6-93 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date None. Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date Crestar Financial Corporation, Richmond, Virginia, to engage in selling annuities. Not yet available. Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice None. ^Application is subject to CRA requirements. Federal Reserve Bank of Richmond Availability of CRA Public Evaluations Week ending March 5, 1993 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 Bank of White Sulphur Springs 1 East Main Street White Sulphur Springs, West Virginia 24986 1-21-93 Rating Satisfactory Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending March 5. 1993 Section 1 - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Central Bancshares of the South, Inc. Birmingham, Alabama Along with its subsidiary bank, Central Bank of the South , Birmingham, Alabama, to acquire the assets and assume the liabilities of the Fairhope, Alabama branch of Altus Federal Savings Bank, Mobile, Alabama, pursuant to Section 5(d ) (3) of the Federal Deposit Insurance Act, as amended by the Federal Deposit Insurance Corporation Improvement Act of 1991. To be processed under expedited procedures. Not yet available* Central Bank of the South Birmingham, Alabama To acquire through merger the Fairhope, Alabama branch of Altus Federal Savings Bank, Mobile, Alabama, pursuant to Section 18(c) of the Federal Deposit Insurance Act. To be processed under expedited procedures. Not yet available* Sun Bank of Tampa Bay Tampa, Florida To establish a branch located at 1705 North Howard Avenue, Tampa, Florida, to be known as West Tampa Branch Office. Not yet available* Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date First State Bancshares of Blakely, Inc. Blakely, Georgia After-the-fact change in control notice by Samuel Guy Maddox to retain 25 percent of the outstanding shares of common stock. Not yet available* ♦Subject to provisions of the Community Reinvestment Act. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending March 5. 1993 Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Middle Georgia Bankshares, Inc. Unadilla, Georgia Change in control notice by J. Daniel Speight, Jr., Michael Clark Speight, Ann Speight Mixon, David M. Speight, Patti Speight Taylor and Charles G. Speight, Jr., to serve as a voting committee with respect to 52 percent of the holding company's shares outstanding. Section 3 - Applications Subject Register Only Application Not yet available* to Federal Comment Period Ending Date Aliant National Corporation Alexander City, Alabama To engage de novo in securities brokerage and investment advisory services, pursuant to Section 225.25(b)(4) and (15) of Regulation Y. 03-24-93 Section 4 - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Barnett Bank of Highlands County Sebring, Florida Request for increase in bank premises. Barnett Bank of the Keys Key West, Florida Request for increase in bank premises. Barnett Bank of Nassau County Fernandina Beach, Florida Request for increase in bank premises. ♦Subject to provisions of the Community Reinvestment Act. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending March 5. 1993 Section 4 - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Barnett Bank of North Central Florida Lake City, Florida Request for increase in bank premises. Barnett Bank of Northwest Florida Fort Walton Beach, Florida Request for increase in bank premises. Barnett Bank of Atlanta Atlanta, Georgia Request for increase in bank premises. Barnett Bank of Fayette County Fayetteville, Georgia Request for increase in bank premises. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending March 5. 1993 Section 10 - Availability of CRA Public Evaluations The CRA public evaluations of the insured depository institutions listed below became available during this week. Information about an institution's CRA evaluation may be obtained directly from the institution. In connection with the assessment of an institution's CRA performance, a rating is assigned from the following groups: Outstanding record of meeting community credit needs: An institution has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs: An institution has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs: An institution needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs: An institution has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Examination Bank Rating Date Barnett Bank of Pasco County, Post Office Box 1055 Port Richey, Florida 34656 (813)847-8550 Satisfactory 10-19-92 Barnett Bank of Pinellas County 200 Central Avenue 19th Floor St. Petersburg, Florida 33701 (813)892-1760 Satisfactory 10-19-93 Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending March 5. 1993 Section 10 - Availability of CRA Public Evaluations Examination Bank Barnett Bank of Southwest Florida 240 South Pineapple Avenue, Sarasota, Florida 34236 (813)892-1760 Barnett County, Avenue, 33802 Bank of Polk 331 South Florida Lakeland, Florida (813)680-5746 Barnett Bank of Highlands County, 231 South Ridgewood Drive, Sebring, Florida 33870 (813)382-5380 Rating Satisfactory Date 10-19-93 Satisfactory 10-19-93 Outstanding 10-19-92 First Community Bank of Needs to Improve Orange City, Post Office Box 740278, Orange City, Florida 32774 (904)775-3115 10-19-93 Mercantile Bank of Naples Post Office 413042 Naples, Florida 33941 (813)263-4400 Satisfactory 11-30-92 Plaza Bank of Miami 3001 Ponce De Leon Blvd Miami, Florida 33169 (305)625-5800 Satisfactory 11-16-92 Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Type Application Branch The Kingston State Bank Kingston, Michigan 4059 Huron Street North Branch, Michigan* N - 3-10-93 EFT Chemical Bank and Trust Company Midland, Michigan 4787 Fashion Square Mall Saginaw, Michigan* N - 3-5-93 Branch Cole Taylor Bank Chicago, Illinois 824 East 63rd Street Chicago, Illinois* N - 3-8-93 Branch Relocation First of America Bank - Northern Michigan Traverse City, Michigan From 701 Randolph Street to 1001 Bay Street Traverse City, Michigan* N - ** Oakar Citizens National Bancorp, Inc. Darlington, Wisconsin Darlington, Wisconsin branch of Anchor Bank SSB Madison, Wisconsin* N - 3-22-93 Membership Community Bank of Elmhurst Elmhurst, Illinois (in organization) To become a member of the Federal Reserve System* N - ** Federal Reserve Bank of Chicago Type Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Application Y-2 LeRoy C. Darby, Inc. Monona, Iowa Keystone Bancshares, Inc. Monona, Iowa Peoples State Bank Elkader, Iowa* FR - N - 2-5-93 3-5-93 Y-l Cashton Bancshares, Inc. Cashton, Wisconsin Bank of Cashton Cashton, Wisconsin* FR - 12-18-92 N 3-26-93 CoC-HC Premier Financial Services, Inc. Freeport, Illinois Thomas D. Flanagan FR 3-1-93 N - 3-18-93 CoC-HC Premier Financial Services, Inc. Freeport, Illinois James M. Flanagan FR 3-8-93 N - 3-18-93 Y-l Bourbonnais Bancorp, Inc. Wheaton, Illinois Bank of Bourbonnais Bourbonnais, Illinois* FR N - 2-26-93 3-24-93 Y-2 Illinois State Bancorp, Inc. Wheaton, Illinois Bourbonnais Bancorp, Inc. Wheaton, Illinois Bank of Bourbonnais Bourbonnais, Illinois Presidential Holdings, Inc. Bourbonnais, Illinois* FR N . - 2-26-93 3-24-93 Y-2 Firstar Corporation Milwaukee, Wisconsin Metro Bancorporation Waterloo, Iowa The Waterloo Savings Bank Waterloo, Iowa* Y-2 Firstar Corporation of Iowa Des Moines, Iowa Metro Bancorporation Waterloo, Iowa The Waterloo Savings Bank Waterloo, Iowa* FR - 2-26-93 N - ** FR - 2-26-93 N - ** Federal Reserve Bank of Chicago Type Section II - Applications Subject to Both Newspaper and Federal Register Notice fContinued) Comment Period Ending Date Application Y-l Northview Financial Corporation Northfield, Illinois Northview Bank & Trust (in organization) Northfield, Illinois* FR - 3-12-93 N - 3-20-93 Y-l Oostburg Bancorp, Inc. Oostburg, Wisconsin Oostburg State Bank Oostburg, Wisconsin* FR N - 3-5-93 3-8-93 Y-l SBL Capital Bank Shares, Inc. Lodi, Wisconsin State Bank of Lodi Lodi, Wisconsin* FR N - 1-4-93 3-6-93 Y-l Lincoln Trail Bancshares, Inc. Taylorville, Illinois Palmer State Bank Taylorville, Illinois* FR - 3-12-93 N - 3-21-93 Y-l Valley Financial Corp. Caro, Michigan Community Bank Caro, Michigan* FR - 3-12-93 N - 2-8-93 Y-l Howard Bancorp, Inc. Glenview, Illinois Howard Savings Bank Glenview, Illinois* FR - 3-19-93 N - ** Y-l Lenawee Bancorp, Inc. Adrian, Michigan Bank of Lenawee Adrian, Michigan* FR - 3-25-93 N - 3-22-93 Y-2 De Witt Bancorp, Inc. De Witt, Iowa River Valley Bancorp, Inc. Davenport, Iowa Valley State Bank (in organization) Eldridge, Iowa* FR - 3-25-93 N - 3-22-93 Federal Reserve Bank of Chicago Section II Tvoe Applications Subject to Both Newspaper and Federal Register Notice (Continued ) Comment Period Application Ending Date - Y-2 First Financial Corporation Terre Haute, Indiana Parke Bancorp Rockville, Indiana The Parke State Bank Rockville, Indiana* FR - 3-25-93 N - 3-12-93 Y-2 First Neighborhood Bancshares, Inc. Toledo, Illinois Newman Bancshares, Inc. Newman, Illinois First State Bank of Newman Newman, Illinois* FR - 3-25-93 N - 3-19-93 Y-l River Valley Bancorp, Inc. Davenport, Iowa Valley State Bank (in organization) Eldridge, Iowa* FR - 3-25-93 N - 3-22-93 Y-l Dearborn Bancorp, Inc. FR - ** Dearborn, Michigan N - 3-22-93 Community Bank of Dearborn (in organization) Dearborn, Michigan* Y-2 Midlothian State Bank Employees Stock Ownership Trust Midlothian, Illinois Midlothian State Bank Midlothian, Illinois FR - ** N _ 3-28-93 Y-l Quad City Holdings, Inc. Bettendorf, Iowa Quad City Bank and Trust Company Bettendorf, Iowa (in organization)* FR - ** N - ** Y-l GFH Corp. Elmhurst, Illinois Community Bank of Elmhurst Elmhurst, Illinois (in organization)* FR - ** N - ** CoC-HC First Business Bancshares, Inc. Madison, Wisconsin William T. Graham FR - 3-24-93 N - 2-22-93 Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Type Application Y-4 Northern Trust Corporation Chicago, Illinois Northern Futures Corporation Chicago, Illinois— Execute and clear commodity futures contracts FR - ** 4(c)(8) Comerica Incorporated Detroit, Michigan ComeriComp, Incorporated Detroit, Michigan FR - ** 4(c)(8) Michigan National Corporation Farmington Hills, Michigan Independence One Financial Institutions Consulting, Inc. Farmington Hills, Michigan FR - 3-2-93 Y-4 Guaranty Financial, M.H.C. Milwaukee, Wisconsin Guaranty Asset Protection Services, Inc. West Hills, California FR - ** Y-4 Guaranty Financial, M.H.C. Milwaukee, Wisconsin Shelter Mortgage Corporation Milwaukee, Wisconsin FR - ** Y-4 Guaranty Financial, M.H.C. Milwaukee, Wisconsin 6700 Corporation West Hills, California FR - ** Y-4 Iowa National Bankshares Corp. Waterloo, Iowa MidAmerica Financial Corporation Waterloo, Iowa FR - 3-12-93 Y-4 Republic Bancorp, Incorporated Owosso, Michigan Horizon Savings Bank Beachwood, Ohio FR - 3-25-93 Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only (Continued) Comment Period Ending Date Type A pplication Y-4 Comerica Incorporated Detroit, Michigan Gladshire Limited Dividend Housing Association Limited Partnership Kalamazoo, Michigan FR - 3-17-93 4(c) (8) Columbus Bancorp, Inc. Indianapolis, Indiana Making and servicing loans or other extensions of credit for the company's account FR - 2-19-93 Y-4 Amcore Financial, Inc. Rockford, Illinois Amcore Investment Banking, Inc. Rockford, Illinois— Provide advice and arrange for the private placement of debt and equity securities FR - ** Y-4 Amcore Financial, Inc. Rockford, Illinois Amcore Investment Banking, Inc. Rockford, Illinois— Investment and financial advisory services FR - ** 4(c) (8) Salin Bancshares, Inc. Indianapolis, Indiana Making and servicing of loans or other extensions of credit for the company's account FR - 2-19-93 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 Community Reinvestment Act Not available at this time 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 05, 1993. If you are interested in obtaining a copy of the evaluation document, please contact the bank(s) directly. Identification of Ratings O-An institution in this group has an outstanding record’of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities, S-An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NI-An institution in this group needs to improve its overall record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities, SN-An institution in this group has a ffubstaqtift^lv deficient record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANK NAME/LOCATION -First Illini Bank 200 East Main Street Galesburg, Illinois (309) 342-4112 EXAMINATION DATE . RATINGS 61401 11/23/92 S CHANGES TO MARCH 05# 1993 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 05, 1993. If you are interested in obtaining a copy of the evaluation document, please contact the bank(s) directly. Identification of Ratings O-An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. S-An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NI-An institution in this group needs to improve its overall record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SN-An institution in this group has a substantially deficient record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANK NAME/LOCATION -First Illini Bank 200 East Main Street Galesburg, Illinois (309) 342-4112 EXAMINATION DATE RATINGS 61401 11/23/92 S -Iowa Trust and Savings Bank Tenth and Union Box 149 Emmetsburg, Iowa 50536 12/07/92 S -Capac State Bank 206 North Main Street Box 128 Capac, Michigan 48014 11/30/92 S Federal Reserve Bank of St. Louis FOR THE WEEK ENDING MARCH 5, 1993 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 Union Planters Corporation, Memphis, Tennessee to acquire Garrett Bancshares, Inc., Goodlettsville, Tennessee Newspaper: 3-31-93 ♦Section 3(a)(1) application by West Tennessee Financial Corporation, Selmer, Tennessee to become a bank holding company through the conversion of its wholly owned thrift subsidiary, First Federal Savings Bank of West Tennessee, Selmer, Tennessee Newspaper: 4-5-93 ♦Section 3(a)(3) application by AMBANC Corp., Vincennes, Indiana to acquire Farmers State Bank of Palestine, Palestine, Illinois Newspaper: 4-2-93 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application End of Comment Period None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE*' OR NEWSPAPER NOTICE Application None. ♦This application is subject to CRA. End of Comment Period FEDERAL RESERVE BANK OF ST. LOUIS S t Louis, Missouri AVAILABILITY OF CRA PUBLIC DISCLOSURES Identification o f Ratings: Outstanding record o f m eeting community credit needs A n institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs o f its entire delineated community, including tow- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record o f m eeting community credit needs A n 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- incom e neighborhoods, in a manner consistent with its resources and capabilities. Needs to im prove record o f m eeting community credit needs A n institution in this group needs to improve its overall record o f ascertaining and helping to meet the credit needs o f its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncom pliance in m eeting community credit needs A n institution in this group has a substantially deficient record o f ascertaining and helping to meet the credit needs o f its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. FOR THE WEEK ENDING Name of Bank None March 5, 1993 Bank Address Examination Date Examination Rating FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application None. Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Application Community First Bankshares, Inc. Fargo, ND To acquire 100% of the voting shares of Lincoln Banking Company, Ltd., Steamboat Springs, CO* 3-29-93 (Federal Register) Community First Bankshares, Inc. Fargo, ND To acquire 100% of the voting shares of F&M Bank Holding Company, Cooperstown, ND* Not yet available United Bankers' Bancorporation, Inc. Bloomington, MN To acquire 85% of the voting shares of United Bankers' Bank, Bloomington, MN* Not yet available William J. Cavanagh Revocable Trust; Robert J. Cavanagh Revocable Trust; and Charles L. Cavanagh Revocable Trust To acquire control of 79.98% of the voting shares of Perham State Bancshares, Inc., Perham, MN Not yet available Section III - Applications Subject to Federal Register Notice Only Application None. * Subject to CRA Comment Period Ending Date FEDERAL RESERVE BANK OF MINNEAPOLIS Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None. FEDERAL RESERVE BANK OF M IN N EA PO L IS Section V - Availability of CRA Public Evaluations week ending March 5, 1993 ASSIGNMENT OF RATING Identification of Ratings In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following groups: OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low-and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANK(S) EXAMINED DATE OF EXAMINATION Farmers State Bank December 14, 1992 P. 0. Box 338 Viborg, South Dakota 57070 (605) 326-5226 Welcome State Bank Dugan Street, Box 238 Welcome, Minnesota 56181 (507) 728-8251 November 30, 1992 Culbertson State Bank of Culbertson, Montana 205 Broadway Avenue P. 0. Box 579 Culbertson, MT 59218 (406) 787-6661 November 16, 1992 CRA RATING Outstanding Satisfactory Needs to Improve Federal Reserve Bank of Kansas City SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE Boulder Valley Bank and Trust, Boulder, Colorado, for prior approval for membership in the Federal Reserve System. Not Available The Rio Grande County Bank, Del Norte, Colorado, for prior approval to establish a branch location in Monte Vista, Colorado. Not Available SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING DATE International Brotherhood Boilermakers, Iron Ship Builders, Blacksmiths, Forgers, and Helpers, Kansas City, Kansas, for prior approval to have flexible authority and to continue to hold at least 47.5 percent of the stock in Brotherhood Bancshares, Inc., Kansas City, Kansas.* Not Available Commerce Bancshares, Inc., and CBICentral Kansas, Inc., both of Kansas City, Missouri, for prior approval to acquire 100 percent of the voting shares of Midwest Bancorporation, Inc., Hays, Kansas.* Not Available Fourth Financial Corporation, Wichita, Kansas, for prior approval to acquire 100 percent of the voting shares of Bancshares of Woodward, Inc., Woodward, Oklahoma.* Not Available Laramie Bankshares, Laramie, Wyoming, for prior approval to become a bank holding company through the acquisition of 100 percent of the voting shares of American National Bank, Laramie, Wyoming.* Not Available FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF MARCH 1, 1993 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP ♦Section 9 application by First Bank of Muleshoe, Muleshoe, TX, to establish a branch at 215 W. Bedford, Dimmitt, Texas 79027 93/03/20 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP * ♦Section 3(a)(1) application by The Donley County State Bank Holding Company, Clarendon, TX, to acquire The Donley County State Bank, Clarendon, TX (Previously reported during the week of 3-1-93) 93/03/24 ♦Section 3(a)(3) application by FirstPerryton Bancorp, Inc., Perryton, TX, to acquire Texas Commerce Bank - Amarillo, Amarillo, TX (Previously reported during the week of 3-1-93) 93/03/20 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 Section 5(a) of the Bank Service Corporation Act by Sulphur Springs State Bank, Sulphur Springs, TX, to conduct securities brokerage activities through BSC Alliance Limited Company, Longview, TX * 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 1, 1993 Outstanding record of meeting community credit needs. An institution in this group has an outstanding leader in, ascertaining and helping to meet the entire delineated community, including lowneighborhoods, in a manner consistent with capabilities. record of, and is a credit needs of its and moderate-income its resources and Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to Improve record of meeting community credit needs. An institution in this group need to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial Noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Bank None. Date of Examination CRA Rating FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 3/05/93 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 First Security Corporation, Salt Lake City, Utah, to acquire Desert Southwest Community Bancorp, Las Vegas, Nevada. * Newspaper: 3/16/93 Fed. Reg.: 3/29/93 Section III - Applications Subject to Federal Register Notice Only Application Comment Period Ending Date Banque Nationale de Paris, Paris, France, to Fed. Reg.: engage in certain investment and financial advisory activities through a joint venture by acquiring, indirectly, 50 percent partnership interest in BNP-N&B Global Asset Management, L.P., New York, New York. Not available Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice None * Subject to CRA FEDERAL RESERVE BANK OF SAN FRANCISCO (cont’d.) Week ending 3/05/93 Section V - Availability of CRA Public Evaluations The CRA public evaluations of the institution(s) below became available during the week ending March 5, 1993. Information about a particular institution’s CRA evaluation may be obtained directly from the institution. Institution Location Examination Date Rating* None * Under the rating system an institution’s CRA performance is assigned one of the following four ratings: Outstanding record of meeting community credit needs: An institution has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs: An institution has a satisfactory record of ascertaining and meeting the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs: An institution needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncomoliance in meeting community credit needs: An institution has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resources and capabilities.
@FedFRASER