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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1993, No. 18 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending May 1, 1993 ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK HOLDING COMPANIES Intervest Bancshares Corporation, New York, New York -- to acquire Countryside Bankers, Clearwater, Florida. Approved, April 26, 1993. BANK MERGERS Banco Bilbao Vizcaya Puerto Rico, Mayaquez, Puerto Rico -- determination regarding the necessity for an application under the Bank Holding Company Act concerning the acquisition of Royal Bank de Puerto Rico, San Juan, Puerto Rico. Granted, April 26, 1993. ENFORCEMENT Perry County Bancorp, Inc., Du Quoin, Illinois, and Du Quoin State Bank -- written agreements dated April 12, 1993, with the Federal Reserve Bank of St. Louis. Announced, April 26, 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 Bank of Clarke County, Berryville, Virginia -- to establish an electronic transfer facility in the Sheetz Convenience Store, Route 340 and Route 50, Boyce, Virginia. Approved, April 26, 1993. Chicago Bankers Trust Company, Des Moines, Iowa -- to establish electronic fund transfer facilities at Easter Foods, 4415 Douglas; Target Store, 1111 East Army Post; Target Store, 2309 Euclid Avenue; Target Store, 1800 35th Street, West Des Moines, Iowa, and Foods, Inc., 50th and E.P. Trust Parkway. Approved, April 29, 1993. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis H.2 APRIL 26, 1993 PAGE 2 TO APRIL 30, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK BRANCHES, DOMESTIC Richmond Citizens Bank of Virginia, Arlington, Virginia -- to establish a branch at 4230 John M~rr Drive, Annandale, Virginia. Approved, April 28, 1993. Philadelphia Farmers Trust Bank, Lebanon, Pennsylvania -- to establish a branch at 1333 East Lehman Street, North Lebanon Township, Pennsylvania. Approved, April 26, 1993. Secretary First Interstate Bank of California, Los Angeles, California -- to establish a branch in the vicinity of Soledad Canyon and White Canyon Roads, Santa Clarita, California. Approved, April 26, 1993. Philadelphia Meridian Bank, Reading, Pennsylvania -- to establish an electronic banking facility at the Pennsylvania Convention Center, One Convention Place, 1101 Arch Street, Philadelphia, Pennsylvania. Approved, April 26, 1993. Philadelphia Meridian Bank, Reading, Pennsylvania -- to establish an electronic banking facility at Cousin's Supermarket, 4037 North Fifth Street, Philadelphia, Pennsylvania. Approved, April 26, 1993. BANK HOLDING COMPANIES St. Louis CNB Bancshares, Inc., Evansville, Indiana -- to acquire First Corporation, Henderson, Kentucky, and First National Bank of Henderson. Approved, April 27, 1993. Chicago Comerica Incorporated, Detroit, Michigan -- to engage de novo in making an equity investment in a low income housing project through ET-92 Limited Dividend Housing Association Limited Partnership, Detroit, Michigan. Permitted, April 29, 1993. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis H.2 APRIL 26, 1993 PAGE 3 TO APRIL 30, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Kansas City Commerce .Bancshares, Inc., Kansas City, Missouri, and CBI-Central Kansas, Inc. -- to acquire Midwest Bancorporation, Inc., Hays, Kansas. Approved, April 30, 1993. Kansas City Community Bankshares, Inc., Denver, Colorado -- to acquire First Medicine Lodge Bankshares, Inc., Medicine Lodge, Kansas. Withdrawn, April 29, 1993. Richmond Delmar Bancorp, Delmar, Maryland in insurance agency activities. Permitted, April 30, 1993. Atlanta F & M Bancorporation, Birmingham, Alabama -- to acquire the Farmers and Merchants Bank, Centre, Alabama. Approved, April 29, 1993. Atlanta First National Bancorp, Gainesville, Georgia -- to merge with Villa Rica Bancorp, Inc., Villa Rica, Georgia, and acquire Bank of Villa Rica. Approved, April 30, 1993. Kansas City First National Bank Holding Company, Longmont, Colorado -- to acquire First National Bank of Longmont. Returned, April 28, 1993. San Francisco First Security Corporation, Salt Lake City, Utah -to engage de novo in leasing through First Security Leasing Company. Permitted, April 28, 1993. Kansas City FirsTier Financial, Inc., Omaha, Nebraska -- to acquire certain assets and assume certain liabilities of FirsTier Savings Bank, F.S.B. Approved, April 26, 1993. Kansas City Fourth Financial Corporation, Wichita, Kansas -- to acquire Bancshares of Woodward, Inc., Woodward, Oklahoma. Approved, April 26, 1993. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis to engage de novo H.2 APRIL 26, 1993 PAGE 4 TO APRIL 30, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Kansas City Fourth Financial Corporation, Wichita, Kansas -- to acquire F&M Bank Services, Inc., Derby, Kansas. Approved, April 27, 1993. Minneapolis Gaylord Bancorporation, Ltd., Gaylord, Minnesota to engage de novo in arranging commercial real estate equity financing. Withdrawn, April 27, 1993. Chicago Guaranty Financial, M.H.C., Milwaukee, Wisconsin to acquire Guaranty Bank, S.S.B., Guaranty Production Services, Inc., West Hills, California;, Shelter Mortgage Corporation, Milwaukee, Wisconsin, and the 6700 Corporation, West Hills, California. Approved, April 26, 1993. Richmond ITT Corporation, New York, New York, and ITT Financial Corporation -- determination that Bette B. Anderson may serve as a director of MNC Financial, Inc., Baltimore, Maryland, while serving as director of ITT Corporation and ITT Financial. Granted, April 29, 1993. Chicago Minowa Banshares, Inc., Decorah, Iowa -- to acquire Minnesota Bank, National Association, Caledonia, Minnesota. Approved, April 26, 1993. Atlanta Nashville Holding Company, Nashville, Georgia -- to retain 3.7 percent of the shares of Citizens Bank and Trust, Evans, Georgia, and to acquire shares of Citizens. Approved, April 29, 1993. Chicago NJIC, Inc., Naperville, Illinois -- to acquire Westbank / Naperville, and Westbank / Will County, Joliet, Illinois. Approved, April 27, 1993. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis H.2 APRIL 26, 1993 PAGE 5 TO APRIL 30, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Boston Royal Bank of Scotland Group, plc, Edinburgh, Scotland et al -- to retain shares of Standard Chartered Equitor Asset Management NA, Inc., Boston, Massachusetts, and Union Investors Asset Management Company, Inc. Approved, April 27, 1993. Richmond Southern BancShares (N.C.), Inc., ·Mount Olive, North Carolina -- proposal that Southern Bank and Trust Company merge with Citizens Savings Bank, Inc., Rocky Mount, North Carolina. Approved, April 30, 1993. New York Sterling Bancorp, New York, New York -- to acquire certain assets of Zenith Financial Corp., Great Neck, New York, and engage in certain consumer and commercial finance activities. Approved, April 30, 1993. New York TR Financial Corp., Garden City, New York -- to acquire Roosevelt Savings Bank. Approved, April 26, 1993. Director, BS&R 1st Community Bancorp, Inc., Sparta, Michigan -transfer agent registration. Approved, April 30, 1993. BANK MERGERS https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis New York Banco Popular de Puerto Rico, Hato Rey, Puerto Rico - to acquire certain assets and assume certain liabilities of one branch of North Side Savings Bank, Bronx, New York. Approved, April 30, 1993. New York Banco Popular de Puerto Rico, Hato Rey, Puerto Rico - to acquire certain assets and assume certain liabilities of four branch offices of Bank Leumi Trust Company of New York, New York, and to establish branches. Approved, April 30, 1993. H.2 APRIL 26, 1993 PAGE 6 TO APRIL 30, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK MERGERS Kansas City Union Colony Bank, Greeley, Colorado -- to merge with Union Colony Bank of Loveland, N.A., Loveland, Colorado. Approved, April 30, 1993. BANK PREMISES https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Kansas City Ark Valley Independent Bank, La Junta, Colorado -investment in bank premises. Approved, April 28, 1993. New York Banco Popular de Puerto Rico, Hato Rey, Puerto Rico - investment in bank premises. Approved, April 30, 1993. Atlanta Barnett Bank of Nassau County, Fernandina Beach, Florida, Barnett Bank of North Central Florida, Lake City, Florida; Barnett Bank of Northwest Florida, Fort Walton Beach, Florida; Barnett Bank of Highlands County, Sebring, Florida; Barnett Bank of the Keys, Key West, Florida; Barnett Bank of Fayette County, Fayetteville, Georgia; Barnett Bank of Atlanta, Atlanta, Georgia; and Barnett Bank of Palm Beach County, West Palm Beach, Florida -investment in bank premises. Approved, April 30, 1993. Kansas City Citizens Bank, Muskogee, Oklahoma -- investment in bank premises. Approved, April 28, 1993. Richmond F & M Bank - Central Virginia, Charlottesville, Virginia -- investment in bank premises. Approved, April 30, 1993. Minneapolis Farmers State Bank, Victor, Montana -- investment in bank premises. Approved, April 28, 1993. Philadelphia Farmers Trust Bank, Lebanon, Pennsylvania investment in bank premises. Approved, April 26, 1993. H.2 APRIL 26, 1993 PAGE 7 TO APRIL 30, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK PREMISES Atlanta Georgia Bank and Trust Company of Columbia County, Martinez, Georgia -- investment in bank premises. Approved, April 29, 1993 . Kansas City OMNIBANK Arapahoe , Englewood, Colorado, OMNIBANK Aurora, Aurora, Colorado, OMNIBANK University Hills, Denver, Colorado, and OMNIBANK Iliff, Aurora, Colorado -- investment in bank premises. Approved, April 30, 1993. Kansas City Security State Bank of Basin, Basin, Wyoming -investment in bank premises. Approved, April 30, 1993. Kansas City Star Valley Bank, Afton, Wyoming -- investment in bank premises. Approved, April 29, 1993. BANKS, NONMEMBER, AND MISCELLANEOUS INSTITUTIONS Director, BS&R First Commonwealth Trust Company, Indiana, Pennsylvania --transfer agent registration. Withdrawn, April 26, 1993. Director, BS&R U.S. Trust Company of New Jersey, Princeton, New Jersey -- transfer agent registration. Approved, April 27, 1993. BANKS, STATE MEMBER Chicago Citizens Commercial & Savings Bank, Flint, Michigan -- payment of a dividend. Approved, April 28, 1993. CHANGE IN BANK CONTROL Chicago Farmers National Bancorp, Inc., Geneseo, Illinois -change in bank control. Returned, April 29, 1993. St. Louis Planters Holding Company, Indianola, Mississippi change in bank control. Permitted, April 30, 1993. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis H.2 APRIL 26, 1993 PAGE 8 TO APRIL 30, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CHANGE IN BANI< CONTROL Kansas City Tulbancorp, Inc., Tulsa, Oklahoma control. Permitted, April 26, 1993. change in bank COMPETITIVE FACTORS REPORTS Atlanta AmSouth Bank of Florida, Pensacola, Florida, proposed merger with The First National Bank of Clearwater, Pinellas County, Florida -- report on competitive factors. Submitted, April 26, 1993. Cleveland Centennial Financial Corp., Cheviot, Ohio, proposed acquisition of The Glenway Loan and Deposit Company, Cincinnati, Ohio, and proposed merger of Glenway Loan with Centennial Savings Bank, FSB, Cheviot, Ohio -- report on competitive factors. Submitted, April 29, 1993. Richmond Central Carolina Bank and Trust Company, Durham, North Carolina, proposed purchase of certain assets and assumption of certain liabilities of ten branches of 1st Horne Federal Savings and Loan Association of the Carolinas, F.A., Greensboro, North Carolina -- report on competitive factors. Submitted, April 30, 1993. Philadelphia Commonwealth Federal Savings Bank, Valley Forge, Pennsylvania, proposed transfer of assets and liabilities after reorganization into Commonwealth Federal Savings Bank -- report on competitive factors. Submitted, April 30, 1993. Boston Eagle Federal Savings Bank, Bristol, Connecticut, proposed acquisition of the 247 Federal Road, Brookfield, Connecticut, branch of Centerbank, Waterbury, Connecticut -- report on competitive factors. Submitted, April 27, 1993. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis H.2 APRIL 26, 1993 PAGE 9 TO APRIL 30, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS St. Louis First Bank, O'Fallon, Illinois, proposed merger with First Bank, Chester, Illinois, and Winchester National Bank, Winchester, Illinois -- report on competitive factors. Submitted, April 29, 1993. Chicago Guaranty Bank, S.S.B., Milwaukee, Wisconsin, proposed transfer of assets and liabilities to Guaranty Bank, S.S.B. -- report on competitive factors. Submitted, April 26, 1993. Dallas Red Oak State Bank, Red Oak, Texas, proposed merger with the Ferris branch at 200 S. I-45 of Victoria Bank & Trust Company, Victoria, Texas -- report on competitive factors. Submitted, April 29, 1993. Boston Sandwich Co-operative Bank, Sandwich, Massachusetts, proposed purchase of certain assets and assumption of certain liabilities of the Cranberry Plaza, Wareham, Massachusetts, branch of Colonial Federal Savings Bank, Quincy, Massachusetts -- report on competitive factors. Submitted, April 27, 1993. Richmond United Carolina Bank, Whiteville, North Carolina, proposed merger with Home Federal Savings Bank of Eastern North Carolina, Greenville, North Carolina -- report on competitive factors. Submitted, April 26, 1993. EXTENSIONS OF TIME San Francisco BankAmerica Corporation, San Francisco, California extensions to divest certain properties. Granted, April 26, 1993. Minneapolis First National Corporation North Dakota, Grand Forks, North Dakota -- extension to June 9, 1993, to acquire First National Corporation, Grand Forks, North Dakota, and First National Bank North Dakota. Granted, April 26, 1993. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis H.2 APRIL 26, 1993 PAGE 10 TO APRIL 30, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME Minneapolis First State Bank of Rushmore, Rushmore, Minnesota -extension to August 10, 1993, to relocate branch in Worthington , Minnesota, to 1433 Oxford Street from 1206 Oxford Street. Granted, April 27, 1993. Kansas City Prairie State Bancshares, Inc., Oakley, Kansas -extension to May 15, 1993, to acquire Jent, Inc. Granted, April 28, 1993. Chicago Villa Park Trust & Savings Bank, Villa Park, Illinois -- extension to April 21, 1994, to establish a branch at 345 South Main Street, Lombard, Illinois. Granted, April 28, 1993. Minneapolis Bank of Montana, Great Falls, Montana -- to become a member of the Federal Reserve System. Approved, April 26, 1993. Kansas City Boulder Valley Bank & Trust, Boulder, Colorado -- to become a member of the Federal Reserve System. Approved, April 27, 1993. Kansas City Century Bank, Denver, Colorado of the Federal Reserve System. Approved, April 26, 1993. MEMBERSHIP https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis to become a member H.2 APRIL 26, 1993 PAGE 11 ADDITIONS AND CORRECTIONS TO APRIL 30, 1993 ACTIONS TAKEN BY THE BOARD OF GOVERNORS REGULATIONS AND POLICIES Regulation O -- to implement provisions of the Housing and Community Development Act of 1992, concerning the lending limit for insiders (Docket R-0785). Approved, April 21, 1993. ADDITIONS AND CORRECTIONS ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK BRANCHES, DOMESTIC Kansas City Rio Grande County Bank, Del Norte, Colorado -- to establish a branch at the northwest corner of the intersection of Prospect Avenue and Highway 285 in Monte Vista, Colorado. Approved, April 22, 1993. BANK HOLDING COMPANIES San Francisco ElDorado Bancorp, Tustin, California -- to engage de novo in lending activities through ElDorado Bancorp Home Loans, Inc., Laguna Hills, California. Withdrawn, April 23, 1993. BANKS, STATE MEMBER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Chicago Comerica Bank, Detroit, Michigan -- to engage de novo in making an equity investment in a low income housing project through ET-92 Limited Dividend Housing Association Limited Partnership, Detroit, Michigan. Withdrawn, April 14, 1993. H.2 APRIL 26, 1993 PAGE 12 ADDITIONS AND CORRECTIONS TO APRIL 30, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Dallas Fredonia State Bank, Fredonia, Texas, proposed merger wi.t h Commercial State Bank, Garrison, Texas -report on competitive factors. Submitted, April 23, 1993. Chicago State Bank proposed Axe, Bad factors. Submitted, of Port Hope, Port Hope, Michigan, merger with First National Bank of Bad Axe, Michigan -- report on competitive April 20, 1993. MEMBERSHIP https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Cleveland Wesbanco Bank Barnesville, Barnesville, Ohio -- to become a member of the Federal Reserve System. Approved, April 16, 1993. 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 NONE SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Fleet Financial Group, Inc., Providence, Rhode Is 1 and - 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 SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE *Subject to CRA https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS *Rating Definitions: "0" - Outstanding; 11 8 11 - Satisfactory; "N" - Needs to Improve; "SN" - Substantial Noncompliance. Institution https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Examination Date NONE Rating* 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 Notice by George E. Scharpf, Colts Neck, New Jersey and Ernest J. Scharpf, Old Bridge, New Jersey, to increase their holdings from 10.02 percent to 13.05 percent of the outstanding voting shares of Amboy Bancorporation, Old Bridge, New Jersey. N/A Notice by Amboy-Madison National Bank Employee Stock Ownership Plan to retain ownership of 10.0 percent of the outstanding voting shares of Amboy Bancorporation, Old Bridge, New Jersey. N/A Republic New York Corporation, New York, New York, Saban, S.A., and RNYC Holdings, Limited, both of the City of Gibraltar, to acquire 100 percent of the shares of SafraCorp, and indirectly its subsidiary bank, SafraBank, both of Los Angeles, California.l/ 5/24/93 1/ SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) Republic New York Corporation, New York, New York, Saban, S.A. and RNYC Holdings, both of the City of Gibraltar to engage through Republic New York Securities Corporation, New York, New York, in underwriting and dealing in government obligations and money market instruments, underwriting and dealing in, and acting as agent in the private placement of all types of debt securities and acting as a broker or agent with respect to swap and swap-related products and advisor to institutional customers regarding financial strategies involving such products. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis N/A Dresdner Bank AG, Frankfurt, Republic of Germany, to acquire through its subsidiary, Oechsle International Advisors, L.P., an 80 percent limited partnership interest in OSV Current Advisors, L.P. and engage in investment advisory activities. N/A The Long-Term Credit Bank of Japan, Ltd., Tokyo, Japan, to acquire through its indirect, wholly-owned subsidiary, Greenwich Capital Financial Products, Inc., certain assets of Franchise Mortgage Acceptance Corporation, La Habra, California, and engage in making, acquiring, servicing and selling loans. N/A SECTION IV Applications Not Involving Public Comment None. SE,CTION 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate- income neighborhoods, in a manner consistent with its resources and capabilities . Week Ending May 1, 1993 NAME OF BANK RATING Banco Popular de Puerto Rico Satisfactory P.O . Box 2708 San Juan, Puerto Rico 00936-2708 1/ 1/ l/ ~/ EXAMINATION DATE September 21, 1992 Subject to prov1s1ons 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 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis FEDERAL RESERVE BANK OF PHILADELPHIA SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date Berks County Bank, Reading, PA, proposes to establish a branch office at 2220 State Hill Road, Wyomissing Hills Borough, Berks County, PA, pursuant to S 9 of the FR Act. Newspaper Comment Period Expires: 5/26/93 SECTION I I - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Susquehanna Bancshares, Inc., Lititz, Pennsylvania, requests approval to merge Central Financial Corporation, Columbia, Pennsylvania, pursuant to§ 3(a)(5) of the BHC Act. Newspaper Comment Period Expires: Federal Register Comment Period Expires: 5/20/93 5/24/93 Central Financial Corporation, Columbia, Pennsylvania requests approval to form a bank holding company by acquiring 100% of Farmers First Savings Bank, Columbia, Pennsylvania, pursuant to§ 3(a)(l) of the BHC Act. (The acquisition will take place after Central Financial Corporation's wholly-owned subsidiary, Central Savings and Loan Association, converts from a PA savings and loan association into a PA savings bank under the name of Farmers First Savings Bank.) Newspaper Comment Period Expires: Federal Register Comment Period Expires: 5/20/93 5/24/93 SECTION I I I - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Keystone Financial, Inc., Harrisburg, PA to establish Keystone Financial Mortgage Corporation, Lancaster, PA in order to engage de novo in making, acquiring and servicing of loans, pursuant to Section 4(c)(8) of the BHC Act, and Section 225.25(b)(l) of Reg. Y. Federal Register Comment Period Expires: 5/25/93 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis FEDERAL RESERVE BANK OF PHILADELPHIA SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS The following institutions were examined for CRA. The JO-business day period the bank has to aake the evaluation public has lapsed during the week ending April 30, 1993 Identification of Rating• In connection with the assessment of each insured depository performance, a rating is assigned from the following groups: institution's CRA Olltstanding record of aeeting coaaunity 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 aeeting co-unity credit needs. An institution in this group has a satisfactory record of ascertaining and helping to aeet the credit needs of its entire delineated community, including low- and aoderate-income neighborhoods, in a manner consistent with its resources and capabilities. •eed• to iapro•e record of aeeting comaunity 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 aoderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncoapliance in aeeting coaaunity credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to ■eet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Bank/Location Examination Date CRA Rating The Bank of Mid-Jersey 243 and Route #130 P.O. Box 1001 Bordentown Township, NJ 08505 8/31/92 Satisfactory Community Bank and Trust Company P.O. Box 129 Forest City, PA 18421 12/14/92 Outstanding https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Federal Reserve Bank of Cleveland Applications Bulletin For Week Ending May 1, 1993 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Received notice from Fifth Third Bank, Columbus, Ohio, on April 26, 1993, of its intent establish a CBCT branch at Jeffersonville Outlet Mall, McArthurd-Glen Road, Jeffersonville r. Ohio. * May 4, 1993 SECTION I I - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Received application from Banc One Corporation, Columbus, Ohio, and Banc One Colorado Corporation, Denver, Colorado, on April 28, 1993, to acquire Colorado Western Bancorp, Inc., Montrose, Colorado, pursuant to Sections 3(a) (3) and 3(a) (5) of the Bank Holding Company Act. * F May 28, 1993 SECTION I I I - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Received Section 4(c) (8) application from Cardinal Bancshares, Inc., Lexington, Kentucky, on April 23, 1993, to acquire Mutual Federal Savings Bank, Somerset, Kentucky. * May 28, 1993 SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE NONE * N F # - Subject to CRA - Newspaper Comment Period - Federal Register Comment Period - Expected to and approximately 30 days from date of application's receipt. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis AVAILABILITY OF CRA PUBLIC EVALUATIONS (April 30, 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 April 30, 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. The Peoples Bank & Trust Co. 114 East Main Street Van Wert, Ohio 45891 (419) 238-2399 Rating: Satisfactory Exam Date: February 1, 1993 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application The First Bank and Trust Company, Lebanon, Virginia, to establish a branch at 1419 West State Street, Bristol, Virginia.* 5-21-93 Crestar Bank, Richmond, Virginia, to establish a branch at 1980 Rio Hill Center, Charlottesville, Virginia.* 5-23-93 Centura Bank, Rocky Mount, North Carolina, to establish an electronic funds transfer facility at Cape Fear Memorial Hospital, 5301 Wrightsville Avenue, Wilmington, North Carolina.* 5-27-93 BB&T Financial Corporation, Wilson, North Carolina, to have its subsidiary, Branch Banking and Trust Company, Wilson, North Carolina, merge with Carolina Bank, Wilmington, North Carolina (the successor to Carolina Savings Bank).* 5-31-93 BB&T Financial Corporation, Wilson, North Carolina, to have its subsidiary, Branch Banking and Trust Company, Wilson, North Carolina, merge with Edenton Bank, Edenton, North Carolina (the successor to Edenton Savings and Loan Association).* 5-31-93 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date United Bankshares, Inc., Charleston, West Virginia, for prior approval to acquire Financial Future Corporation, Parkersburg, West Virginia.* 5-28-93 City Holding Company, Charleston, West Virginia, for prior approval to acquire up to 67% of the voting shares of First National Bank, Beckley, West Virginia . * 5-28-93 NationsBank Corporation, Charlotte, North Carolina, for prior approval to acquire MNC Financial, Inc., Baltimore, Maryland.* *Application is subject to CRA requirements. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Not yet available. Federal Reserve Bank of Richmond Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date Signet Banking Corporation, Richmond, Virginia, to engage de novo in providing investment advice on certain future contracts and options on futures contracts. Not yet available. Section IV - Application Not Subject to Federal Register Notice or Newspaper Notice None. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Federal Reserve Bank of Richmond Availability of CRA Public Evaluations Week ending April 30, 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 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. Examination Date Heritage Bankshares, Inc. P. 0. Box 3749 Norfolk , Virginia 23514 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1-19-93 Rating Satisfactory Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending April 30, 1993 Section 1 - Applications Subject to Newspaper Notice Only Application Date Comment Period Ending Sun Bank of Tampa Bay Tampa, Florida To merge with The Hillsboro Sun Bank, Plant City, Florida, pursuant to Section 18(c) of the Federal Deposit Insurance Act. 06-03-93* Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Date Comment Period Ending AmSouth Bancorporation Birmingham, Alabama To merge with the Mickler Corporation, Clearwater, Florida, and thereby directly acquire its bank subsidiary, The First National Bank of Clearwater, Florida, pursuant to Section 3(a) (5) of the Bank Holding Company Act. 05-17-93* Federal Register First State Bancshares of DeKalb County, Inc. Fort Payne, Alabama 1-BHC-formation, First State Bank of DeKalb County, Fort Payne, Alabama. 05-13-93* Federal Register Cameron Bancshares, Inc. Cameron, Louisiana After-the-fact change in control notice by Charles Francis Hebert to retain 10.31 percent of the outstanding shares of common stock of Cameron Bancshares, Inc., Cameron, Louisiana. Not yet available* Birthright, Inc. Wilmington, Delaware 1-BHC formation, First Tuskegee Bank, Tuskegee, Alabama. Not yet available* *Subject to Provisions of the Community Reinvestment Act. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending April 30, 1993 Section 3 - Applications Subject Register Only Application to Federal Comment Period Ending Date Britton & Koontz Capital Corporation Natchez, Mississippi To acquire Natchez First Federal Savings Bank, Natchez, Mississippi, pursuant to Section 4(c) (8) of the Bank Holding Company Act. 05-21-93 Section 4 - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Barnett Bank of Polk County Lakeland, Florida Request for increase in bank premises. SunTrust Banks, Inc. Atlanta, Georgia Management interlock request, pursuant to Section 5 of the Management Interlock Revisions Act of 1988. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending April 30. 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 Peoples Savings Bank Post Office Box 269 Clanton, Alabama 35045 (205)755-2240 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Rating Date Satisfactory 01-19-93 Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date ~ Application Branch Reg K-OT Bank Mees & Hope N.V. Rotterdam, The Netherlands Establish a Representative Office at 300 crescent Court Dallas, Texas* N - 4-16-93 Branch Reg K-OT Bank Mees & Hope N.V. Rotterdam, The Netherlands Establish an Agency office in New York, New York* N - Oakar First Mutual Bancorp, M.H.C. Decatur, Illinois First Mutual Bank, S.B. Decatur, Illinois* N - 4-30-93 Branch Lapeer County Bank & Trust Co. Lapeer, Michigan 6002 N. Lapeer Road North Branch, Michigan* N - Branch Royal American Bank Inverness, Illinois 1000 Tower Lane Bensenville, Illinois* N - 5-14-93 Membership Hinsdale Bank and Trust Company Hinsdale, Illinois (in organization) To become a member of the Federal Reserve System* N - 5-18-93 Oakar Independent Bank Corporation Ionia, Michigan Portland, Michigan branch of Community First Bank, F.S.B. Portland, Michigan* N - ** Membership Farmers State Bank Jewell, Iowa To become a member of the Federal Reserve System* N - ** https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ** ** Federal Reserve Bank of Chicago ~ Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Application Y-2 Premier Financial Services, Inc. Freeport, Illinois First Northbrook Bancorp, Inc. Northbrook, Illinois First National Bank of Northbrook Northbrook, Illinois First Security Bank of Cary-Grove Cary, Illinois* FR - 2-25-93 5-1-93 N Y-1 Premier Acquisition Company Freeport, Illinois First Northbrook Bancorp, Inc. Northbrook, Illinois First National Bank of Northbrook Northbrook, Illinois First Security Bank of Cary-Grove Cary, Illinois* FR - 2-25-93 5-1-93 N Y-1 Huntley Acquisition Corp. Palatine, Illinois State Bank of Huntley Huntley, Illinois* Y-2 Suburban Bancorp, Inc. Palatine, Illinois Huntley Bancshares, Inc. Huntley, Illinois State Bank of Huntley Huntley, Illinois* FR - 4-26-93 - 4-22-93 N FR - 4-26-93 N - 4-22-93 Y-1 Farmers & Traders Bancshares, Inc. Shabbona, Illinois Farmers and Traders State Bank Shaboona, Illinois* FR - 4-26-93 N - 5-3-93 Y-1 First Mutual Bancorp, M.H.C. Decatur, Illinois First Mutual Bank, S.B. Decatur, Illinois* FR - 4-29-93 N' - 4-30-93 Y-1 First Bancorporation, Inc. Sparta, Wisconsin First Bank of Sparta Sparta, Wisconsin* https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis FR - N 5-6-93 - 5-12-93 Federal Reserve Bank of Chicago ~ Section II - Applications Subject to Both Newspaper and Federal Register Notice (Continued) Comment Period Ending Date Application COC-HC ASB Bankcorp, Inc. Adrian, Michigan Fern Shierson and Douglas J. Shierson (acquire 6.5%--current ownership is 9.46%) FR N Y-1 FMSB Bancorp Neola, Iowa Farmers & Merchants State Bank Neola, Iowa* FR - 5-10-93 N - ** Y-1 Peoples Financial Corporation Colfax, Illinois Peoples State Bank Colfax, Illinois* FR - 5-17-93 N - ** CoC-HC Farmers National Bancorp, Inc. Geneseo, Illinois William Hanford Trust FR - ** N - ** Y-1 First Community Financial Corporation Elgin, Illinois First Community Bank (in organization) Elgin, Illinois* FR - ** N - ** CoC-HC Lincolnshire Bancshares, Inc. Lincolnshire, Illinois Lincolnshire Bancshares, Inc. Employee Plan and Trust Lincolnshire, Illinois FR - ** N - ** CoC-HC Elcho Bancorporation, Inc. Altoona, Iowa Jo & Verle Burgason; Marguerite Sevde; Delilah Shaw & Charles L. Ryan as Trustee FR - ** NP - ** CoC-HC Cascade Bancorporation, Inc. Venice, Florida Delilah Shaw FR - ** N - ** Y-1 Lakeside Bancorp, Inc. Chicago, Illinois Lakeside Bank Chicago, Illinois* FR - ** N - ** https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5-3-93 - 5-9-93 Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date ~ Application 4(c)(B) Comerica Incorporated Detroit, Michigan ComeriComp, Incorporated Detroit, Michigan FR - 4-30-93 Y-4 Caisse Nationale de Credit Agricole Paris, France Credit Agricole Futures, Inc. New York, New York -- Execute, clear, provide investment advisory services FR - 4(c)(B) Alliance Financial Corporation New Buffalo, Michigan Alliance Financial Services Corporation New Buffalo, Michigan - Securities brokerage activities FR - 4-26-93 4(c)(B) Capital Directions, Inc. Mason, Michigan Monex Financial Services, Inc. Mason, Michigan - consumer financial counseling, investment or financial advice & tax planning & preparation FR - 4-26-93 Y-4 FBOP Corporation Oak Park, Illinois Fairfield Financial Corporation Oak Park, Illinois FR - 4(c)(B) Comerica Incorporated Detroit, Michigan Comerica Community Development Corporation Detroit, Michigan FR - 4-27-93 4(c)(8) Marquette National Corporation Chicago, Illinois Marquette Community Development Corporation Chicago, Illinois FR - 4-27-93 4(c)(B) Clare Bancorporation, Inc. Platteville, Wisconsin Making or acquiring loans for the company's account FR - 4-29-93 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ** ** Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only (Continued) Application Comment Period Ending Date 4(c)(8) Montfort Bancorporation, Inc. Platteville, Wisconsin Making or acquiring loans for the company's account FR - 4-29-93 Y-4 Iowa National Bankshares Corp. Waterloo, Iowa Mid.America Financial Corporation Waterloo, Iowa FR - ** N - 4-29-93 Y-4 Continental Bank Corporation Chicago, Illinois Repechage Partners Ltd. Chicago, Illinois FR - Y-4 FMSB Bancorp Neola, Iowa Hall Insurance Agency Neola, Iowa FR - 5-10-93 4(c)(8) Comerica Incorporated Detroit, Michigan University Club Limited Dividend Housing Association Limited Partnership, Detroit, Michigan--CDC-equity investment in a low income housing project FR - ** 4(c)(B) Bank of Elmwood Racine, Wisconsin Racine Development Group Racine, Wisconsin--CDC invest $50,000 in local projects to create housing and jobs for low and moderate income persons FR - ** 4(c)(B) Edgemark Financial Corporation Chicago, Illinois Edgemark Financial Services, Inc. Countryside, Illinois FR - ** https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ** Federal Reserve Bank of Chicago Section IV - Applications Not Subject to Federal Register or Newspaper Notice ~ Application Ros First Lena Corporation Lena, Illinois To redeem 618 shares of its common stock Ros Cascade Bancorporation, Inc. Venice, Florida to redeem 4,375.00 of common voting shares 11,314.66 common nonvoting shares · outstanding Wabeno Bancorporation, Inc. Altoona, Iowa to redeem a portion of shares currently owned by Cascade Bancorporation, Inc. Ros N - Newspaper FR - Federal Register * - Subject to Provisions of community Reinvestment Act ** - Not available at this time https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis & 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 ~eriod the bank has to make the evaluation public has lapsed during the week ending April 30, 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 ~eeds of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SN-An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANK NAME/LOCATION CORRECTED COPY FOR WEEK ENDING APRIL 30, 1993 (MARCH 23, 1993) -American Trust & Savings Bank Ninth and Town Clock Plaza Box 938 Dubuque, Iowa 52004-0938 (319) 582-1841 1/12/93 -Old Kent Bank & Trust Company One Vandenberg Center Grand Rapids, Michigan 49503 (616) 771-5000 1/12/93 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis RATINGS EXAMINATION DATE 0 s Federal Reserve Bank of St. Louis FOR THE WEEK ENDING APRIL 30, 1993 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE End of Comment Period Application None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application End of Comment Period *Section 3(a)(3) application by Southwest Bancshares, Inc., Jonesboro, Arkansas to acquire Cherry Valley Bancshares, Inc., Wynne, Arkansas Newspaper: 6-1-93 *Section 3(a)(3) application by Paloma Bancshares, Inc., Paloma, Illinois to acquire Western Illinois Bancorp, Inc., Blandinsville, Illinois Newspaper: 5-31-93 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis End of Comment Period 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 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. FOR THE WEEK ENDING Name of Bank Effingham State Bank First State Bank of Red Bud https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis April 30, 1993 Bank Address P. 0. Box 767 Effingham, Illinois P. 0. Box 145 Red Bud, Illinois Examination Date Examination Rating 1-11-93 Satisfactory 1-25-93 Satisfactory 62401 62278 FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application Norwest Corporation, Mpls, MN and its subsidiary Norwest Colorado, Inc., Mpls, MN For their subsidiary bank Norwest Bank Denver, N.A., Denver, Co, to acquire certain assets and assume certain liabilities located at certain Colorado offices of First Nationwide Bank, fsb, San Francisco, CA 5-22-93 First Bank System, Inc., Mpls, MN and its subsidiary Central Bancorporation, Inc., Denver, CO For their subsidiary bank, Colorado National Bank, Denver, Colorado, to merge with Central Bank/Bank Western, N.A., Denver, Colorado. 5-20-93 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Norwest Corporation Mpls, MN To acquire, via merger, 100% of the voting shares of M&D Holding Company, Spring Lake Park, MN* Not yet available Dakota Bancorp, Inc. Watertown, SD To acquire 100% of the voting shares of the Bank of South Dakota, Watertown, SD* Not yet available * Subject to CRA https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis FEDERAL RESERVE BANK OF MINNEAPOLIS Section II - Applications Subject to Both Newspaper and Federal Register Notice (Continued) Comment Period Ending Date Application Dakota Company, Inc., Mpls, MN; South Dakota Bancorp., Inc., Mpls, MN; and South Dakota Financial Bancorporation, Inc., Mpls, MN To acquire 100% of the voting shares of the Bank of South Dakota, Watertown, SD* Not yet available Dakota Company, Inc., Mpls, MN; South Dakota Bancorp., Inc., Mpls, MN; and South Dakota Financial Bancorporation, Inc., Mpls, MN To engage in operating a savings association through the acquisition of Dakota Bancorp, Inc., Watertown, SD* Not yet available Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application None. Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Geraldine State Bank Geraldine, MT To become a member of the Federal Reserve System * Subject to CRA https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Not yet available FEDERAL RESERVE BANK OF MINNEAPOLIS Section V - Availability of CRA Public Evaluations week ending April 30, 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 moderateincome neighborhoods, in a manner consistent with its resources and capabilities. NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low-and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANK(S) EXAMINED None. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis DATE OF EXAMINATION CRA RATING Federal Reseroe Bank of Kansas City SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE None. SECTION I I - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING DATE Randall N. Snyder, and Peggy L. Snyder, both of Baldwin, Missouri, for prior approval to increase their ownership interests in Prism Group, Inc., Hamilton, Missouri, from 18.98 percent to 37.95 percent. May 13, 1993 Southeast Capital Corporation ESOP, Idabel, Oklahoma, for prior approval to become a bank holding company through the acquisition of 30 percent of the voting shares of Southeast Capital Corporation, Idabel, Oklahoma.* May 17, 1993 Estes Park Restated ESOP 40l(K) Plan, Estes Park, Colorado, for prior approval to acquire 48.14 percent of the voting shares of Estes Bank Corporation, Estes Park, Colorado.* May 10, 1993 FNS, Inc., Schuyler, Nebraska, for prior approval to acquire 100 percent of Howells Investment Co., Howells, Nebraska.* May 17, 1993 Helen M. Rogers, Spencer, Oklahoma, for prior approval to increase her proportionate ownership interests in Spencer Bancshares, Inc., Spencer, Oklahoma, from 23.9 percent to 35.7 percent. May 12, 1993 Liberty Bancorp, Inc., Oklahoma City, Oklahoma, for prior approval to acquire 100 percent of the voting shares of First Oklahoma Bank & Trust Co., Edmond, Oklahoma.* May 17, 1993 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Federal Reseroe Bank of Kansas City Bruce Morgan and investors, Kansas City, Missouri, for prior approval to acquire 100 percent of the voting common stock of Valley Bancshares, Inc., Atchison, Kansas. May 17, 1993 Citizens Bancshares of El Reno, Inc., El Reno, Oklahoma, for prior approval to become a bank holding company through the acquisition of 90.9 percent of the voting shares of Citizens National Bank & Trust Co. of El Reno, El Reno, Oklahoma.* May 17, 1993 Continental Security Bancshares, Inc., Springfield, Missouri, for prior approval to become a bank holding company through the acquisition of 84.8 percent of the outstanding common stock of Deepwater State Bank, Deepwater, Missouri.* May 17, 1993 Orchard Valley Financial Corporation, Hotchkiss, Colorado, for prior approval to acquire up to 15 percent of the voting shares of Megabank Financial Corporation, Englewood, Colorado.* May 17, 1993 Lansing Financial Corporation, Lansing, Kansas, for prior approval to become a bank holding company through the acquisition of at least 80 percent of the voting shares of The First State Bank of Lansing, Lansing, Kansas.* Not Available American Bancorp of Oklahoma, Inc., Edmond, Oklahoma, for prior approval to acquire 80 percent of the voting shares of Texas Guaranty National Bank, Houston, Texas.* Not Available Castle Rock Bank Holding Company, Castle Rock, Colorado, for prior approval to become a bank holding company through the acquisition of 100 percent of Castle Rock Bank, Castle Rock, Colorado.* Not Available https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Federal Reserve Bank of Kansas City The Catherine Stuart Schmoker Family Partnership, James Stuart, Jr. Family Partnership, and Scott Stuart Family Partnership, all of Lincoln, Nebraska, for prior approval for each to acquire less than 1 percent of the voting common stock of First Commerce Bancshares, Inc., Lincoln, Nebraska.* Not Available Aspen Bancshares, Inc., Aspen, Colorado, for prior approval to acquire 100 percent of the voting shares of Centennial Savings Bank, F.S.B., Durango, Colorado.* Not Available Midland Capital Company, Oklahoma City; Oklahoma, for prior approval to engage de novo in community development activities through Near Northwest Community Development Corporation, Oklahoma City, Oklahoma SECTION I I I - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE Bob H. White and Betty M. White, both of Rangely, Colorado, for prior approval to acquire 26.10 percent of the voting shares of Rimco, Inc., Wayzata, Minnesota. May 10, 1993 405 Corporation, La Junta, Colorado, for prior approval to redeem 8700 shares of its own voting common stock. Not Available SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS Identification of Ratings In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following groups: https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Federal Reserve Bank of Kansas City Outstanding record of meeting community credit needs institution in this group has an outstanding record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. An Satisfactory record of meeting community credit needs 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 moderateincome neighborhoods, in a manner consistent with its resources and capabilities. An Needs to improve record of meeting community credit needs 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. An Substantial noncompliance in meeting community credit needs 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. An Bank/Location Exam Date None. *Application is subject to CRA. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis CRA Public Date CRA Rating FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF APRIL 26, 1993 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP *Section 3(a)(l) application by Chico Bancorp, Inc., Chico, TX, to acquire The First State Bank of Chico, Chico, TX 93/05/21 *Section 3(a)(l) application by Central Texas Bankshare Holdings, Inc., Columbus, TX, to acquire Columbus State Bank, Columbus, TX 93/05/21 *Section 3(a)(l) application by C.S.B. Bancshares, Inc., Somerville, TX, to acquire Citizens State Bank, Somerville, TX (Previously reported during the week of 4-12-93) Section 5(d)(3) Oakar application by Texas Bancshares, Inc., San Antonio, TX, to acquire through its subsidiary, First National Bank of South Texas, San Antonio, TX, certain assets and assume the deposits of First Federal Savings Bank (Alice Branch, 1910 E. Main St., Alice, TX 78332), San Antonio, TX (Previously reported during the week of 3-29-93) Change in Control Notice by Charles F. Irvine, Barry, TX, to acquire an interest in Dawson Bancshares, Inc., Dawson, TX (Previously reported during the week of 3-15-93) 93/05/14 93/05/21 93/05/08 Change in Control Notice by James Aubrey 11 Jack 11 Cardwell, El Paso, TX, to acquire an interest in The Bank of El Paso, El Paso, TX N/A Change in Control Notice by James Paul Kimble, El Paso, TX, to acquire an interest in The Bank of El Paso, El Paso, TX N/A https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Change in Control Notice by Conrad Newton, Jr., Dawson, TX, to acquire an interest in Dawson Bancshares, Inc., Dawson, TX N/A SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. * SUBJECT TO CRA. ** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY. N/A - NOT AVAILABLE AT THIS TIME. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS FOR THE WEEK OF APRIL 26, 1993 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 LOmmunity 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Date of Examination CRA Rating FEDERAL RESERVE BANK OF SAN FRANCISCO Section I - Applications Subject to Newspaper Notice Onlv Comment Period Ending Date Application None Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date MCB Financial Corporation, San Rafael, California, to become a bank holding company by acquiring Marin Community Bank, N.A., San Rafael, California.* Newspaper: 5/17/93 Fed. Reg.: 5/21/93 John B. Joseph, Orange, California, to acquire an additional 2.3190 percent of West Coast Bancorp, Orange, California. Newspaper: Not available Fed. Reg.: 5/23/93 N. George Daines, Newell G. Daines, Logan, Utah, and Linden 0. Beckstead, Preston, Idaho, to collectively acquire 18.46 percent of Cache Valley Bank, Logan, Utah. Newspaper: Not available Fed. Reg.: 6/01/93 North Cascades Bancshares, Inc. Employee Stock Ownership Trust, Chelan, Washington, to acquire an additional 9.03 percent of North Cascades Bancshares, Inc., Chelan, Washington. Newspaper: 6/01/93 Fed. Reg.: Not available Section III - Applications Subject to Federal Register Notice Only Application Comment Period Ending Date First Hawaiian, Inc., Honolulu, Hawaii, to acquire Pioneer Fed BanCorp, Inc., Honolulu, Hawaii. Fed. Reg.: 5/24/93 The Sanwa Bank, Limited, Osaka, Japan, to acquire through indirect ownership, one share of common stock of Government Pricing Information System, Inc., through Sanwa-BGK Securities Co., L.P., New York, New York. Fed. Reg.: Not available Banque Nationale de Paris, Paris, France, to engage de novo in financial advisory services through its subsidiary, Banexi International Financial Services (North America) Corporation, New York, New York. Fed. Reg.: Not available * Subject to CRA https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis FEDERAL RESERVE BANK OF SAN FRANCISCO (cont'd.) Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice None Section V - Availability of CRA Public Evaluations The CRA public evaluations of the institution(s) below became available during the week ending May 7, 1993. Information about a particular institution's CRA evaluation may be obtained directly from the institution. · Institution Location Bank of America Nevada 300 S. Fourth St. Las Vegas, NV 89101 (702) 654-1000 Examination Date 12/14/92 Rating* Outstanding * 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 noncompliance in meeting community credit needs: An institution has a substantially deficient record of ascertaining and helping to meet the credit needs of i t s entire delineated community, including low- to moderateincome 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis
@FedFRASER