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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1993, No. 22
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending May 29, 1993

ACTZONS TAKEN BY THE BOARD OF GOVERNORS
TESTIMONY AND STATEMENTS
Federal Reserve's role in the government's anti-money
laundering efforts -- statement by Governor LaWare
before the House Committee on Banking, Finance and
Urban Affairs, May 26, 1993.
Authorized, May 24, 1993.

BANK HOLDING COMPANIES
First Tennessee National Corporation, Memphis,
Tennessee -- proposal that Home Federal Bank,
F.S.B., Johnson City, Tennessee, merge with First
Tennessee Bank National Association, Memphis,
Tennessee.
Approved, May 24, 1993.
Huntington Bancshares, Incorporated, Columbus, Ohio,
and Huntington Bancshares West Virginia - - t o
acquire CB&T Financial Corp., Fairmont, West
Virginia, and CB&T Clarksburg Corp.
Approved, May 24, 1993.
Rio Blanco Holding Company, Rangely, Colorado - - t o
acquire Rio Blanco State Bank, and for Rio Blanco
to acquire certain assets and assume certain
liabilities of the Bank of Rangely Colorado.
Approved, May 26, 1993.
Rockhold BanCorp., Platte City, Missouri - - t o
acquire Bank of Kirksville, Kirksville, Missouri.
Approved, May 24, 1993.
ENFORCEMENT




First Pacific Bancorp, Inc., Beverly Hills,
California -- order of assessment of a civil money
penalty against Leonard S. Sands and a cease and
desist order against Ada P. Sands, institutionaffiliated parties.
Announced, May 27, 1993.
Maryland Bankcorp, Inc., Lexington, Maryland -written agreement dated May 12, 1993, with the
Federal Reserve Bank of Richmond and the Bank
Commissioner of the State of Maryland.
Announced, May 26, 1993.

H •2
MAY 24, 1993
PAGE 2

TO

MAY 29, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

REGULATIONS AND POLICIES
Bank holding companies - - t o reduce prior approval
requirements for holding companies to engage in
certain futures commission merchant activities and
delegation of additional authority to the Federal
Reserve Banks to approve proposals by holding
companies to act as futures commission merchants.
Announced, May 25, 1993.
Federal Reserve priced services -- to facilitate the
implementation of the same-day settlement of checks
(Docket R-0727).
Approved, May 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




Atlanta

Commercial Bank of Florida, Miami, Florida - - t o
establish a branch at 8888 Coral Way, and 8690
Sunset Drive.
Approved, May 24, 1993.

H. 2

MAY 24, 1993
PAGE 3

TO

MAY 29, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK BRANCHES. DOMESTIC
Richmond

Crestar Bank, Richmond, Virginia -- to establish a
branch at 1980 Rio Hill Center, Charlottesville,
Virginia.
Approved, May 28, 1993.

New York

European American Bank, Uniondale, New York - - t o
establish a branch at 120 Broadway, New York, New
York.
Approved, May 24, 1993.

Richmond

First Bank and Trust Company, Lebanon, Virginia - - t o
establish a branch at 1419 West State Street,
Bristol, Virginia.
Approved, May 28, 1993.

Atlanta

West Coast Bank, Sarasota, Florida -- to establish a
branch at 3700 South Tamiami Trail.
Approved, May 24, 1993.

BANK HOLDING COMPANIES




Dallas

ABHC Delaware, Inc., Wilmington, Delaware -- to
acquire American National Bank, Corpus Christi,
Texas.
Approved, May 28, 1993.

New York

Algemene Maatschappij voor Nijverheidskrediet N.V.,
Antwerp, Belgium, and Kredietbank, N.V., Brussels,
Belgium - - t o form Kredietbank Global Management,
L.P., with Darien Asset Management, Inc., Stamford,
Connecticut, and engage in investment advisory and
portfolio management activities.
Approved, May 24, 1993.

Chicago

Amcore Financial, Inc., Rockford, Illinois -- to
engage de novo in investment and financial advisory
activities through Amcore Investment Banking, Inc.
Permitted, May 28, 1993.

St. Louis

Banc Ed Corp., Edwardsville, Illinois -- to acquire
The Bank of Edwardsville.
Approved, May 26, 1993.

H.2
MAY 24, 1993
PAGE 4

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MAY 29, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Chicago

Bank of Elmwood, Racine, Wisconsin -- to invest in
local projects to create housing and jobs for low
and moderate income individuals through Racine
Development Group.
Returned, May 28, 1993.

New York

Bank of New York Company, Inc., New York, New York -to acquire National Community Banks, Inc., West
Paterson, New Jersey, National Community Bank of
New Jersey, Rutherford, New Jersey, and for EX Y
ZEE Inc., a subsidiary of Bank of New York to also
acquire shares of National Community Bank of New
Jersey, and to exercise an option to purchase under
certain conditions newly issued shares of National
Community Bank.
Approved, May 28, 1993.

Dallas

C.S.B. Bancshares, Inc., Somerville, Texas -- to
acquire Citizens State Bank.
Approved, May 27, 1993.

Kansas city

Chambanco, Inc., Chambers, Nebraska -- to engage in
lending activities.
Returned, May 25, 1993.

Dallas

Donley County State Bank Holding Company, Clarendon,
Texas - - t o acquire Donley County State Bank.
Approved, May 24, 1993.
m

New York

Dresdner Bank AG Frankfurt, Germany -- to acquire a
limited partnership interest in OSV Currency
Advisors, L.P., Boston, Massachusetts, and engage
in investment advisory activities.
Returned, May 28, 1993.

Kansas City

Estes Park Bank Restated Employees Stock Ownership
401(k) Plan and Retirement Trust, Estes Park,
Colorado -- to retain shares of Estes Bank
Corporation.
Approved, May 26, 1993.

H.2
MAY 2A, 1993
PAGE 5

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MAY 29, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Richmond

First Virginia Banks, Inc., Falls Church, Virginia -to engage de novo in securities brokerage,
investment advisory services, and selling annuities
through First Virginia Insurance Services, Inc.
Permitted, May 24, 1993.

Kansas City

FNS, Inc., Schuyler, Nebraska -- to acquire Howells
Investment Company, Howells, Nebraska.
Approved, May 27, 1993.

Chicago

Huntley Acquisition Corp., Palatine, Illinois -- to
acquire State Bank of Huntley, Huntley, Illinois.
Approved, May 28, 1993.

Philadelphia

Keystone Financial, Inc., Harrisburg, Pennsylvania -to engage de novo in lending activities through
Keystone Financial Mortgage Corporation, Lancaster,
Pennsylvania.
Permitted, May 27, 1993.

Kansas City

Liberty Bancorp, Inc., Oklahoma City, Oklahoma -- to
acquire Interstate Financial Corporation, Edmond,
Oklahoma.
Approved, May 25, 1993.

Kansas City

Liberty Bancorp, Inc., Oklahoma City, Oklahoma -- to
acquire Interstate Financial Corporation, Edmond,
Oklahoma, and First Oklahoma Bank and Trust Company
of Edmond.
Approved, May 25, 1993.

Chicago

Marquette National Corporation, Chicago, Illinois -to engage de novo in purchasing, rehabilitating,
and reselling affordable housing to low and
moderate income families through Marquette
Community Development Corporation.
Permitted, May 28, 1993.

Secretary

Mobile National Corporation, Mobile, Alabama -- to
merge with South Alabama Bancorporation, Inc.,
Brewton, Alabama, and acquire First National Bank
of Brewton.
Approved, May 27, 1993.

H.2
MAY 24, 1993
PAGE 6

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MAY 29, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Chicago

Peoples Financial Corporation, Colfax, Illinois
to acquire Peoples State Bank.
Approved, May 28, 1993.

Kansas City

Pinnacle Bancorp, Inc., Central City, Nebraska -- to
acquire Centennial Bancorporation, Inc.,
Thermopolis, Wyoming.
Approved, May 28, 1993.

Chicago

Principal National Bancorp, Pontiac, Illinois -- to
engage de novo in lending activities.
Returned, May 25, 1993.

Chicago

Quad City Holdings, Inc., Bettendorf, Iowa -- to
acquire Quad City Bank and Trust Company.
Approved, May 25, 1993.

Chicago

River Forest Bancorp, Inc., Chicago, Illinois -- to
acquire Belmont National Bank.
Approved, May 28, 1993.

St. Louis

Scott County Bancorp, Inc., Winchester, Illinois -to acquire 7.68 percent interest in Arizona
Reconstruction Finance Company, L.L.C., Worth,
111inois.
Returned, May 27, 1993.

Chicago

Shoreline Financial Corporation, Benton Harbor,
Michigan, proposed purchase of the assets and
assumption of the liabilities of the Hartford;
Berrien Springs ; Edwardsburg, and Three Oaks,
Michigan, branches of Standard Federal Bank,
F.S.B., Troy, Michigan.
Approved, May 24, 1993.

Cleveland

Society Corporation, Cleveland, Ohio -- to engage in
leasing activities through Society Equipment
Leasing Company.
Withdrawn, May 29, 1993.

H.2
MAY 24, 1993
PAGE 7

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MAY 29, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Chicago

Southwest Bancorp, Inc., Worth, Illinois -- to
acquire shares of Minooka Bancorp, Inc., Minooka;
Westbanco, Inc., Westville; Iroquois Bancorp, Inc.,
Gilman; Peotone Bancorp, Inc., Peotone; Terrapin
Bancorp, Inc., Elizabeth; Rock River Bancorp,
Oregon; Henry County Bancorp, Inc., Cambridge; and
Arizona Reconstruction Finance Company, L.L.C.,
Worth, Illinois.
Withdrawn, May 24, 1993.

New York

Standard Chartered PLC, London, England, Standard
Chartered Holdings Limited, Los Angeles,
California, Standard Chartered Overseas Holdings
Limited, and Standard Chartered Holdings Inc. -- to
acquire shares of First Interstate Trading Company,
Los Angeles, California.
Approved, May 28, 1993.

Chicago

Suburban Bancorp, Inc., Palatine, Illinois -- to
acquire Huntley Bancshares, Inc., Huntley,
Illinois, and State Bank of Huntley.
Approved, May 28, 1993.

Secretary

SunTrust Banks, Inc., Atlanta, Georgia -determination to permit Roberto C. Goizueta to
serve on the board of directors of Ford Motor
Company, Dearborn, Michigan, while also serving on
the board of directors of SunTrust Banks.
Granted, May 28, 1993.

Dallas

Texas Bancshares, Inc., San Antonio, Texas -proposal that First National Bank of South Texas,
Rio Grande City, Texas, acquire certain assets and
assume the deposits of the Alice branch of First
Federal Savings Bank, San Antonio, Texas.
Approved, May 25, 1993.

San Francisco

Twin River Financial Corporation, Lewiston, Idaho -to acquire Twin River National Bank.
Approved, May 24, 1993.

H.2
MAY 24, 1993
PAGE 8

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MAY 29, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK MERGERS
Philadelphia

Meridian Bank, Reading, Pennsylvania - - t o merge with
First National Bank of Pike Country, Milford,
Pennsylvania, and to establish branches.
Approved, May 25, 1993.

BANK PREMISES
Philadelphia

Meridian Bank, Reading, Pennsylvania -- investment in
bank premises.
Approved, May 28, 1993.

Chicago

Sparta State Bank, Sparta, Michigan -- investment in
bank premises.
Returned, May 27, 1993.

CAPITAL STOCK
Kansas City

Clayco Bancshares, inc., Kansas City, Missouri -redemption of shares.
Approved, May 25, 1993.

Kansas City

Estes Bank Corporation, Estes Park, Colorado -redemption of shares.
Approved, May 26, 1993.

Chicago

First Lena Corporation, Lena, Illinois -- redemption
of shares.
Returned, May 28, 1993.

Kansas city

Prism Group, Inc., Hamilton, Missouri -- redemption
of shares.
Approved, May 27, 1993.

CHANGE IN BANK CONTROL




Dallas

Crosby Bancshares, Inc., Crosby, Texas -- change in
bank control.
Permitted, May 27, 1993.

Chicago

First Business Bancshares, Inc., Madison, Wisconsin - change in bank control.
Permitted, May 28, 1993.

Chicago

First Lena Corporation, Lena, Illinois -- change in
bank control.
Returned, May 28, 1993.

H.2
MAY 24, 1993
PAGE 9

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MAY 29, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

CHANGE IN BANK CONTROL
New York

MSB Bancorp, Inc., Middletown, New York -- change in
bank control.
Permitted, May 24, 1993.

Minneapolis

Perham State Bancshares, Inc., Perham, Minnesota -change in bank control.
Permitted, May 25, 1993.

Kansas City

Prism Group, Inc., Hamilton, Missouri -- change in
bank control.
Permitted, May 27, 1993.

Dallas

Stone Oak Bankshares, Inc., San Antonio, Texas -change in bank control.
Permitted, May 28, 1993.

COMPETITIVE FACTORS REPORTS




Dallas

American Federal Bank, F.S.B., Dallas, Texas,
proposed merger with Guaranty Federal Bank,
F.S.B. -- report on competitive factors.
Submitted, May 26, 1993.

St. Louis

Bank Midwest, National Association, Maryville,
Missouri, proposed merger with First National Bank
of Kirksville, Kirksville; Community Bank, National
Association, Chillicothe; Citizens National Bank of
Shelbyville, Shelbyville, and The Bank of Atchison
County, Rock Port, Missouri -- report bn
competitive factors.
Submitted, May 25, 1993.

Richmond

Bank of Franklin, Franklin, Virginia, proposed
purchase of certain assets and assumption of
certain liabilities of the Newsome, branch of
Dominion Bank, N.A., Roanoke, Virginia -- report on
competitive factors.
Submitted, May 26, 1993.

H.2
MAY 29, 1993
PAGE 10

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MAY 29, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS




Richmond

Bank of Rockbridge, Raphine, Virginia, proposed
purchase of the assets and assumption of the
liabilities of the Glascow, Virginia, branch of
Dominion Bank, N.A., Roanoke, Virginia -- report on
competitive factors.
Submitted, May 24, 1993.

Richmond

Charleston National Bank, Charleston, West Virginia,
proposed merger with Ameribank Charleston, -report on competitive factors.
Submitted, May 24, 1993.

Dallas

Charter National Bank - Houston, Houston, Texas,
proposed purchase of the assets and assumption of
the liabilities of 1-10 / Katy Freeway branch of
the Charter National Bank - Colonial, Houston,
Texas, branch at 4531 Cornish -- report on
competitive factors.
Submitted, May 26, 1993.

St. Louis

Citizens Bank and Trust Company, Paducah, Kentucky,
proposed purchase of certain assets and assumption
of deposit liabilities of three Paducah, Kentucky,
branches of Security Trust Federal Savings and Loan
Association, Knoxville, Tennessee -- report on
competitive factors.
Submitted, May 25, 1993.

Chicago

Citizens Trust and Savings Bank, South Haven,
Michigan, proposed purchase of the assets and
assumption of the liabilities of the Hartford,
Michigan, branch of Standard Federal Bank, F.S.B,,
Troy, Michigan -- report on competitive factors.
Submitted, May 24, 1993.

Richmond

Community Federal Savings Bank, Staunton, Virginia,
proposed purchase of the assets and assumption of
the liabilities of the Stuarts Draft, Virginia,
branch of Dominion Bank, N.A., Roanoke, Virginia -report on competitive factors.
Submitted, May 25, 1993.

H.2
MAY 2 4 1993
PAGE 11

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TO

MAY 29, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS




San Francisco

Escondido National Bank, Escondido, California,
proposed merger with San Narcos National Bank, San
Marcos, California, and Temecula Valley National
Bank, Temecula, California -- report on competitive
factors.
Submitted, May 27, 1993.

Richmond

First Century Bank, Wytheville, Virginia, proposed
purchase of the assets and assumption of certain
liabilities of the Fort Chiswell, Virginia, branch
of Dominion Bank, N.A., Roanoke, Virginia -- report
on competitive factors.
Submitted, May 25, 1993.

Chicago

First Financial Bank, FSB, Stevens Point, Wisconsin,
proposed acquisition of four Quincy, Illinois,
branches of Citizens Federal Bank, FSB, Fort
Lauderdale, Florida -- report on competitive
factors.
Submitted, May 24, 1993.

New York

First Financial Caribbean Corporation, San Juan,
Puerto Rico -- proposed acquisition of Catano
Federal Savings Bank, Catano, Puerto Rico -- report
on competitive factors.
Submitted, May 26, 1993.

Kansas City

First National Bank in Norland, Norland, Wyoming,
proposed merger with First National Bank at
Thermopolis, Thermopolis, Wyoming -- report on
competitive factors.
Submitted, May 25, 1993.

San Francisco

First Western Bank, A Federal Savings Bank, Las
Vegas, Nevada, proposed purchase of certain assets
and assumption of certain liabilities of Atlantic
Financial Savings -- report on competitive factors.
Submitted, May 27, 1993.

Chicago

Firstar North Shore Bank, Northbrook, Illinois,
proposed merger with Deerfield State Bank,
Deerfield, Illinois -- report on competitive
factors.
Submitted, May 2 4 1993.

,

H.2
MAY 24, 1993
PAGE 12

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MAY 29, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS




Philadelphia

Harris Savings Bank Ca de novo capital stock savings
bank), Harrisburg, Pennsylvania, proposed
acquisition of the assets and assumption of the
liabilities of Harris Savings Bank (existing
savings bank in mutual form) -- report on
competitive factors.
Submitted, May 28, 1993.

Chicago

Inter-City Bank, Benton Harbor, Michigan, proposed
purchase of the assets and assumption of the
liabilities of Berrien Springs; Edwardsburg, and
Three Oaks, Michigan, branches of Standard Federal
Bank, F.S.B., Troy, Michigan -- report on
competitive factors.
Submitted, May 24, 1993.

Chicago

Liberty Bank & Trust, National Association,
Pocahontas, Iowa, proposed purchase of the assets
and assumption of the liabilities of Pomeroy State
Bank, Pomeroy, Iowa -- report on competitive
factors.
Submitted, May 24, 1993.

Boston

Merchants Bank, Burlington, Vermont, proposed
purchase of certain assets and assumption of
certain deposits in the New First National Bank of
Vermont, Bradford, Vermont -- report on competitive
factors.
Submitted, May 24, 1993.

Atlanta

M t . Vernon Financial Corporation, Dunwoody, Georgia,
proposed acquisition of M t . Vernon Federal Savings
Bank through an interim merger with Interim MV
Federal Savings Bank -- report on competitive
factors.
Submitted, May 24, 1993.

Minneapolis

Norwest Bank Denver N.A., Denver, Colorado, proposed
purchase of assets and assumption of certain
liabilities of First Nationwide Bank, FSB, San
Francisco, California -- report on competitive
factors.
Submitted, May 27, 1993.

H.2
MAY 24, 1993
PAGE 13

TO

MAY 29, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS
Minneapolis

Norwest Bank Minnesota West, N.A., Moorhead,
Minnesota, proposed merger with Moorhead Bank, N.A.
-- report on competitive factors.
Submitted, May 26, 1993.

Kansas City

Western Community Bank, Cedaredge, Colorado -proposed acquisition of the assets and assumption
of the liabilities of the Montrose branch of Mesa
National Bank, Grand Junction, Colorado -- report
on competitive factors.
Submitted, May 25, 1993.

EXTENSIONS OF TIME




Minneapolis

Alpha-Omega Holding Company, Victor, Montana -extension to September 1, 1993, to acquire Farmers
State Bank.
Granted, May 24, 1993.

San Francisco

BankAmerica Corporation, San Francisco, California
extensions to divest certain properties.
Granted, May 26, 1993.

San Francisco

BankAmerica Corporation, San Francisco, California -extensions to divest certain properties.
Granted, May 26, 1993.

San Francisco

California Bancshares, Inc., Alameda, California -extension to divest certain property.
Granted, May 27, 1993.

Richmond

First Virginia Bank-Maryland, Upper Marlboro,
Maryland -- extension to June 23, 1994, to
establish a branch at 10264 Southern Maryland
Boulevard, Dunkirk, Maryland.
Granted, May 25, 1993.

Chicago

ISB Bancshares, Inc., Ipava, Illinois -- extension to
September 11, 1993, to acquire Ipava State Bank.
Granted, May 28, 1993.

H.2
MAY 24, 1993
PAGE 14

TO

MAY 29, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

EXTENSIONS OF TIME
Philadelphia

Mainline Bancorp, Inc., Portage, Pennsylvania -extension to August 24, 1993, to acquire Portage
National bank.
Granted, May 24, 1993.

Minneapolis

Marquette Bancshares, Inc., Minneapolis, Minnesota extension to August 24, 1993, to engage de novo in
lending activity.
Granted, May 26, 1993.

Atlanta

Peoples Bank and Trust Company, Selma, Alabama -extension to August 27, 1993, to acquire shares of
CEE BEE Corporation, Prattville, Alabama.
Granted, May 27, 1993.

San Francisco

U.S.Bancorp, Portland, Oregon -- extension to divest
certain property.
Granted, May 26, 1993.

INTERNATIONAL OPERATIONS
New York

Fidelity International Bank, New York, New York -- to
change name to First Fidelity International Bank.
Approved, May 28, 1993.

Chicago

Bank One, Peoria, Peoria, Illinois -- to become a
member of the Federal Reserve System.
Returned, May 28, 1993.

Richmond

FCNB Bank, Frederick, Maryland -- to become a member
of the Federal Reserve System.
Approved, May 25, 1993.

Chicago

Quad City Bank and Trust Company, Bettendorf, Iowa -to become a member of the Federal Reserve System.
Approved, May 25, 1993.

MEMBERSHIP




H.2
MAY 2 4 1993
PAGE 15

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TO

MAY 29, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

RESERVE BANK SERVICES




Director, FRBO

Federal Reserve Bank of St. Louis -- to consolidate
non collection functions at the Federal Reserve
Bank of Cleveland and the Federal Reserve Bank of
Atlanta, Jacksonville Branch.
Approved, May 25, 1993.

H.2
MAY 24, 1993
PAGE 16

ADDITIONS AND CORRECTIONS
TO

MAY 29, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

ADDITIONS AND CORRECTIONS
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS
Dallas

Community Bank, Kirbyville, Texas, proposed purchase
of the assets and assumption of the liabilities of
two branches of Texas Commerce Bank - Beaumont,
Texas (4285 East Lucas Drive, and 3915 Phelan
Boulevard) -- report on competitive factors.
Submitted, May 19, 1993.

EXTENSIONS OF TIME




Atlanta

Central Bank of the South, Birmingham, Alabama -extension to August 20, 1993, to establish a branch
to be known as the Trussville branch, at 5990
Chaulkville Mountain Road.
Granted, May 21, 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
Newspaper

The Royal Bank of Scotland
Group, pic, Edinburgh,
Scotland, et a l . - section
3 ( a ) (3) application to retain
The Boston Five Cents Savings
Bank, Boston, Massachusetts*

6-27-93

Federal Register
Not Yet Established

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY

Fleet Financial Group,
I n c ., 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

The Royal Bank of Scotland
Group, pic, Edinburgh,
Scotland, e t . a l . - section
4 ( c ) (8) application to acquire
The Boston Five Bancorp, Inc.,
Boston, Massachusetts

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; "N"
- Needs to Improve; "SN" - Substantial Noncompliance.
Institution
Examination Date
Rating*




NONE

F e d e r a l R e s e rv e Bank o f New Y o rk

Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
___________ Notice Only___________
None.
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
ONBANCorp, Inc., Syracuse, New York, to acquire Franklin First
Savings Bank, Wilkes-Barre, Pennsylvania, the wholly-owned
subsidiary of Franklin First Financial Corp., Wilkes-Barre,
Pennsylvania, a savings and loan holding company that has applied
to become a bank holding company in connection with the proposed
acquisition.

6/14/93 2/

SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
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.
SECTION IV
Applications Not Involving
______ Public Comment______
Citibank Overseas Investment Corporation, New Castle,
Delaware to make additional investments in International
Finance Associates, B.V., Amsterdam, The Netherlands and
Citibank Portugal S.A., Lisbon, Portugal and to make an
initial investment in International Finance Associates
Madeira, S.A., Madeira, Portugal




6/14/93

SECTION V
A v a ila b ilit y

o f CRA P u b l i c

E v a lu a t io n s

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 May 29. 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 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

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 May 28, 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 and helping
to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascertaining
and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascertaining
and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Bank/Location

Examination Date

CRA Rating

First Sterling Bank
80 West Lancaster A v e .
Devon, PA 19333

11/9/92

Satisfactory

First Executive Bank
1513 Walnut Street
Philadelphia, PA 19102

2/8/93

Satisfactory




Federal Reserve Bank of Cleveland
Applications Bulletin
For Week Ending Hay 29, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
Received OAKAR application from PNC Bank
Corp., Pittsburgh, Pennsylvania, on May 20,
1993, to acquire Gateway Federal Savings
Bank, Cincinnati, Ohio.

* Not Yet Known #

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Received Section
PNC Bank Corp.,
on May 26, 1993,
Company, Boston,

3( a ) (3) application from
Pittsburgh, Pennsylvania,
to acquire The Massachusetts
Massachusetts.

Received Section 3( a ) (5) application from
Huntington Bancshares Incorporated and
Huntington Bancshares West Virginia, Inc.,
both of Columbus, Ohio, to acquire Commerce
Banc Corporation, Charleston, West Virginia.

* Not Yet Known #

* Not Yet Known #

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Received Section 4 ( c ) (8) application from
PNC Bank Corp., Pittsburgh, Pennsylvania,
on May 26, 1993, to engage in providing
asset management services to unaffiliated
and non-financial institutions through
a wholly-owned subsidiary, PNC Asset
Management Corp., Pittsburgh, Pennsylvania.

Not Yet Known #

*

- Subject to CRA

N
F
#

- Newspaper Comment Period
- Federal Register Comment Period
- Expected to end approximately 30 days from date of
application's receipt.




SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL
REGISTER NOTICE OR NEWSPAPER NOTICE
Received request from The Sabina Bank, Sabina, Ohio, on May
28, 1993, for permission to exceed its limit of investment in
bank premises permitted under Section 24A of the Federal
Reserve A c t .




AVAILABILITY OP CRA PUBLIC EVALUATIONS
(May 28,. 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 May 28, 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 Citizens Commercial Bank
and Trust Company
225 North Main Street
Celina, Ohio 45822
(419) 586-5121
Rating:
Satisfactory
Exam Date:
March 8, 1993




Federal Reserve Bank of Richmond
Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

None.

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

Guaranty State Bancorp, Durham, North
Carolina, to become a bank holding
company through the acquisition of
Guaranty State Bank, Durham, North
Carolina.*

6-18-93

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

None.

Section IV - Application Not Subject to
Federal Register Notice or Newspaper Notice

None.

*Application is subject to CRA requirements.




Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations

Week ending May 28, 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____
Prosperity Bank & Trust Company
5803 Rolling Road
Springfield, Virginia 22152
The Buffalo Bank
946 Roosevelt Boulevard
Eleanor, West Virginia 25070




Rating

3-8-93

Satisfactory

3-16-93

Satisfactory

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending May 28. 1993
Section 1 - Applications Subject to Newspaper Notice OnlyApplication

Comment Period Ending Date

AmSouth Bancorporation
Birmingham, Alabama
Along with its wholly-owned subsidiary,
AmSouth Bank of Florida, Pensacola,
Florida, to acquire the assets and assume
the liabilities of Mid-Sate Federal
Savings Bank, Ocala, Florida, and thereby
merge it into AmSouth Bank of Florida,
pursuant to Section 5 ( d ) (3) of the Federal
Deposit Insurance Act, as amended by the
Federal Deposit Insurance Corporation
Improvement Act of 1991.

Not yet available*

SouthTrust Corporation
Birmingham, Alabama
For its subsidiary, SouthTrust Bank of
Jacksonville, N . A . , Jacksonville, Florida,
to acquire the assets and assume the
liabilities of the Amelia Island, Florida
branch of Federal Trust Bank, Winter Park,
Florida, pursuant to Section 5 ( d ) (3) of the
Federal Deposit Insurance Act, as amended
by the Federal Deposit Insurance Corporation
Improvement Act of 1991.

05-13-93*

The Colonial BancGroup, Inc.
Not yet available*
Montgomery, Alabama
Along with its wholly-owned subsidiary,
Colonial Bank, Montgomery, Alabama, to
acquire the assets and assume the liabilities
of United Savings Bank, FSB, Anniston,
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.
Family Bank of Hallandale
Hallandale, Florida
To establish a branch located 2630 Weston Road,
Ft. Lauderdale, Florida, to be known as the
Weston Office.

06-11-93*

♦Subject to provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending May 28. 1993
Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Indian Rocks State Bank
Indian Rocks Beach, Florida
To establish a branch at 9111 Oakhurst Road,
Seminole, Florida.

06-15-93*

Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

SouthTrust Corporation
Birmingham, Alabama
To convert its thrift subsidiary,
SouthTrust Bank, FSB, Concord, North
Carolina, to a state chartered commercial
bank, pursuant to 3 ( a ) (3) of the Bank
Holding Company A c t .

06-14-93*
Federal Register

SouthTrust Corporation
Not yet available*
Birmingham, Alabama
Along with its second- and third-tier bank
holding company subsidiaries, SouthTrust
of Florida, Inc., Jacksonville, Florida,
and South Florida Financial Corporation,
Cape Coral, Florida, to merge with Gulf &
Southern Financial Corporation, Fort Myers,
Florida, and thereby directly acquire its
bank subsidiary, The National Bank of Lee
County, Fort Myers, Florida, pursuant to
Section 3 ( a ) (5) of the Bank Holding Company Act.

♦Subject to provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending May 28. 1993
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

SouthTrust Corporation
06-10-93*
Birmingham, Alabama
Federal Register
Along with its second-tier bank holding
company, SouthTrust of Covington County,
Inc., Opp, Alabama, to merge with County
Bancshares, Inc., Troy, Alabama, and thereby
directly acquire its bank subsidiary, Pike
County Bank, Troy, Alabama, pursuant to Section
3 ( a ) (5) of the Bank Holding Company Act.
Birthright, Inc.
Wilmington, Delaware
1-BHC formation, First Tuskegee Bank,
Tuskegee, Alabama.

05-28-93*
Federal Register

Community National Bank Corporation
Venice, Florida
1-BHC formation, Community National Bank of
Sarasota County, Venice, Florida.

Not yet available*

First National Bancorp
Gainesville, Georgia
To acquire the Community Bank of Carrollton,
Carrollton, Georgia, pursuant to Section
3 ( a ) (3) of the Bank Holding Company Act.

Not yet available*

FMB Bancshares, Inc.
06-06-93*
Lakeland, Georgia
Federal Register
To merge with United Bankshares, Inc.,
Nashville, Georgia, and thereby directly
acquire its subsidiary, United Banking Company,
Nashville, Georgia, pursuant to Section 3 (a)(5)
of the Bank Holding Company Act.
Corte Banc Corporation
New Orleans, Louisiana
1-BHC formation, First Bank & Trust, New
Orleans, Louisiana.

Not yet available*

♦Subject to provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending May 28. 1993
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

East Ridge Bancshares, Inc.
06-14-93*
East Ridge, Tennessee
Federal Register
Change in control notice by James Edward
Watkins to acquire an additional 1.08 percent
of the outstanding shares of common stock.
The acquisition will increase Mr. Watkins's
ownership to 26.03 percent.
First Farmers Bancshares, Inc.
06-14-93*
Portland, Tennessee
Federal Register
Change in control notice by Charles Hill
Beaty and his wife, Montee Kittrell Beaty,
to acquire at least 10 percent of the
outstanding shares of common stock of First
Farmers Bancshares, Inc., Portland, Tennessee.
Section 3 - Applications Subject
Application

to Federal Register Only
Comment Period Ending Date

Peoples State Bancshares, Inc.
Grant, Alabama
To engage de novo in making, acquiring,
or servicing loans or other extensions
of credit, pursuant to Section 225.25(b)(1)
of Regulation Y.
Riverside Banking Company
Fort Pierce, Florida
To engage de novo, through its wholly-owned
subsidiary, RBCA, Inc., Fort Pierce, Florida,
in making, acquiring, or servicing loans or
other extensions of credit, pursuant to
Section 225.25(b)(1) of Regulation Y.

Not yet available

06-07-93

♦Subject to provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending May 28. 1993
Section 3 - Applications Subject
Application

to Federal Register OnlyComment Period Ending Date

Riverside Banking Company
Fort Pierce, Florida
To engage de novo, through its wholly-owned
subsidiary, Riverside Leasing Company, Fort
Pierce, Florida, in leasing personal or real
property or acting as agent, broker, or
advisor in leasing such property, pursuant
to Section 225.25(b)(5) of Regulation Y.

06-07-93

West Coast Bancorp, Inc.
Cape Coral, Florida
To engage de novo in making, acquiring, or
servicing loans or other extensions of credit,
pursuant to Section 225.25(b)(1) of Regulation Y.
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice

Application
None.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending May 28. 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
None.




Rating

Date

Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only
Comment Period
Ending Date

Type

Application

Branch
Reg K-OT

Bank Mees & Hope N.V.
Rotterdam, The Netherlands
Establish an Agency office in N e w York,
N e w York*

N

- **

Oakar

Independent Bank Corporation
Ionia, Michigan
Portland, Michigan branch of Community
First Bank, F.S . B .
Portland, Michigan*

N

- 6-2-93

Oakar

First of America Bank Corporation
Kalamazoo, Michigan
14 Illinois Branch offices of
Citizens Federal Bank, FSB
M i ami, Florida*

FR - **
N - 6-2-93

Membership

Bank One, Peoria
Peoria, Illinois
To become a member of the Federal
Reserve System*

N

- 6-11-93

Branch/2 4A

Comerica Bank
Detroit, Michigan
6625 Dixie Highway
Clarkston, Michigan
10805 Highland Road
White Lake Township, Michigan
37750 12 Mile Road
Farmington Hills, Michigan*

N

- 6-12-93

Merger

NBD Bank (formerly Midwest Commerce
Banking Company)
Elkhart, Indiana
South Bend, Indiana branch of
NBD Bank, N.A., Gary, Indiana*

N

- **

Branch

Farmers State Bank
Poy Sippi, Wisconsin
216 N. Main Street
Seymour, Wisconsin*

N

- **




Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper
Register Notice

and Federal
Comment Period
Ending Date

Type

Application

Y-l

First Community Financial Corporation
Elgin, Illinois
First Community Bank (in organization)
Elgin, Illinois*

FR - 5-28-93
N - 5-24-93

CoC-HC

Elcho Bancorporation, Inc.
Altoona, Iowa
Jo & Verle Burgason

FR - 6-7-93
NP - **

CoC-HC

Cascade Bancorporation, Inc.
Venice, Florida
Delilah Shaw and Cascade
Bancorporation, Inc. Voting Trust,
Charles Ryan as Trustee

FR - 6-7-93
N - **

Y-l

Lakeside Bancorp, Inc.
Chicago, Illinois
Lakeside Bank
Chicago, Illinois*

FR - 6-4-93
N - 5-28-93

CoC

Corydon Bancorporation
Corydon, Iowa
Terry N. Jost & James C. Davison

FR - 6-9-93
N - 5-20-93

Y-2

Firstar Corporation
Milwaukee, Wisconsin
Athens Bancorp, Inc.
Wausau, Wisconsin
Bank of Athens
Wausau, Wisconsin*

FR - 6-11-93
N - **

Y-2

F.W.S.F. Corp.
Milwaukee, Wisconsin
Athens Bancorp, Inc.
Wausau, Wisconsin
Bank of Anthens
Wausau, Wisconsin*

FR - 6-11-93
N - **




Federal Reserve Bank of Chicago
Section II

-

Applications Subject to Both Newspaper and Federal
Register Notice
(Continued)
Comment Period
E n d i n g Dat e

Type

Application

Y-l

Montgomery Bancshares, I n c .
M o n t g o m e r y , Illinois
Bank of Montgomery
Montgomery, Illinois*

F R - 6-11-93
N
- **

Y-2

J . E. C o o n l e y C o m p a n y
Hamp t o n , Iowa
Sheffield Savings Bank
Sheffield, Iowa*

FR - 6-17-93
N
- **

Y-l

O o s t b u r g Bancorp, Inc.
O ostburg, Wisconsin
Oostburg State Bank
Oostburg, W i s c o n s i n *

FR N
-

Y-l

F i r s t S e c u r i t y Bancorp, Inc.
E l m w o o d Park, I l l i n o i s
F i r s t S e c u r i t y Trust & S a v i n g s B a n k
E l m w o o d Park, Ill i n o i s *

F R - 6-17-93
N
- **

CoC-HC

E l c h o B a n c o r p o r a t i o n , Inc.
A l t o o n a , Iowa
Delilah S h a w IRA and Elcho
B a n c o r p o r a t i o n , Inc., V o t i n g Trust,
C h a r l e s R y a n as Trus t e e

FR - 6-7-93
N P - **

CoC-HC

E l c h o B a n c o r p o r a t i o n , Inc.
A 1 t o o n a , Iowa
M a r g u e r i t e S e v d e a n d the E s t a t e
of Richard Sevde

3-5-93
6-21-93

FR - 6-7-93
N P - **

COC-HC

First Lena Corporation
Lena, I l l i n o i s
T h elma H. D u f t & R a y E. S t a m m

FR - **
N P - **

CoC-HC

B a n c o r p o f R a n t o u l , Inc.
R antoul, I l l i n o i s
D e n n i s B. L o n g & A n n e L. L o n g &
T h o m a s B. B r y a n & S a l l y A. B r y a n

F R - **
N P ~ **

Y-l

B a n k l l l i n o i s F i n a n c i a l Co.
Champaign, I l l i n o i s
B a n k o f I l l i n o i s in C h a m p a i g n
Champaign, I l l i n o i s *

FR _ * *
_ **
NP




Federal Reserve Bank of Chicago

Type

S e c t i o n II - A p p l i c a t i o n s Su b j e c t to B o t h N e w s p a p e r a n d F e d e r a l
Register Notice
(Continued)
Comment Period
Application
Ending Date

Y-l

H e r i t a g e B a n c s h a r e s Group, I n c .
Minneapolis, Minnesota
Geiger Corporation
Minneapolis, Minnesota
H e r i t a g e Bank, N a t i o n a l A s s o c i a t i o n
Holstein, Iowa
H e r i t a g e B a n c shares, I n c .
M i n n eapolis, Minnesota
H e r i t a g e Bank, N a t i o n a l A s s o c i a t i o n
Willmar, M i n n e s o t a *

F R - **
N P - **

Y-2

D e Witt Bancorp, Inc.
D e Witt, Iowa
R i v e r V a l l e y Bancorp, Inc.
Da v e n p o r t , Iowa
V a l l e y S t a t e B a n k (in organization)
Eldridge, Iowa*

F R - 3-25 - 9 3
N
- 3-22-93

Y-l

R i v e r V a l l e y Bancorp, Inc.
D a v e nport, Iowa
V a l l e y S t a t e B a n k (in organization)
Eldridge, Iowa*

F R - 3-25-93
N
- 3-22-93

Y-2

Valley Bancorporation
A p p l e t o n , Wisconsin
P i e r c e C o u n t y B a n k a n d Trust C o m p a n y
E l l s worth, Wisc o n s i n *

F R - **
N P - **




Federal Reserve Bank of Chicago
S e c t i o n I I I - A p p l i c a t i o n s Su b j e c t to Fe d e r a l R e g i s t e r
Notice Only
Comment Period
E n d i n g Dat e

Type

Application

Y-4

C a i s s e N a t i o n a l e de Cred i t A g r i c o l e
Paris, F r a n c e
C r e d i t A g r i c o l e Futures, Inc.
N e w York, N e w Y o r k — Execute, clear,
provide investment advisory services

FR -

Y-4

FBOP Corporation
O a k Park, I l l i n o i s
Fairfield Financial Corporation
O a k Park, I l l i n o i s

F R - 6-21-93

Y-4

Continental Bank Corporation
Chicago, I l l i n o i s
R e p e c h a g e P a r t n e r s Ltd.
Chicago, I l l i n o i s

F R - **

4(c) (8)

Comerica Incorporated
Detroit, Michigan
University Club Limited Dividend Housing
A s s o c i a t i o n L i m i t e d Part n e r s h i p ,
Detroit, Mich i g a n — CDC-equity investment
in a l o w inco m e h o u s i n g p r o j e c t

FR - 5-25-93

4(c) (8)

Edgemark Financial Corporation
Chicago, I l l i n o i s
E d g e m a r k F i n a n c i a l Services, Inc.
Countr y s i d e , I l l i n o i s

F R - 6-1-93

4(c) (8)

Principal National Bancorp
Pontiac, I l l i n o i s
Make, a c q u i r e or se r v i c e loa n s or o t h e r
e x t e n s i o n s o f credit f o r the c o m p a n y ' s
a c c o u n t o r f o r the account o f o t h e r s

F R - 6-9-93

4(c)(8)

Huxley Bancorp
H u xley, Iowa
M a k i n g a n d s e r v i c i n g o f l oans

F R - 6-14-94

Y-4

N o r t h M i l w a u k e e Banc s h a r e s ,
Milwaukee, Wisconsin
N M Proc e s s i n g , Inc.
Milwaukee, Wisconsin

F R - **




Inc.

5-31-93

Federal Reserve Bank of Chicago
S e c t i o n III - A p p l i c a t i o n s S u bject to F e d e r a l R e g i s t e r
Notice Only
(C o n t i n u e d )
Comment Period
Ending Date

Type

Application

4 ( c ) (8)

N o r t h e r n Bank s h a r e s , Inc.
Mc F a r l a n d , W i s c o n s i n
M a k e d i rect commercial loans in an amount
not e x c e e d i n g $20 0 , 0 0 0 in the a g g r e g a t e
a n d to s e r v i c e said loans

F R - **

Y-4

A B N A M R O N o r t h America, Inc.
Chicago, I l l i n o i s
A B N A M R O S e c u r i t i e s , Inc.
N e w York, N e w York

FR - **

Y-4

A B N A M R O B a n k N.V.
A m s t e r d a m , The N e t h e r l a n d s
A B N A M R O Securities, Inc.
N e w York, N e w York

FR - **

Y-4

A B N A M R O H o l d i n g N.V.
A m s t e r d a m , The N e t h e r l a n d s
A B N A M R O Securities, Inc.
N e w York, N e w York

FR - **

Y-4

Stichting Administratiekantoor A B N AMRO
Holding
A m s t e r d a m , The N e t h e r l a n d s
A B N A M R O S e c u r i t i e s , Inc.
N e w York, N e w York

F R - **

4(c) (8)

Stichting Prioriteit A B N AMRO Holding
A m s t e r d a m , The N e t h e r l a n d s
A B N A M R O S e c u r i t i e s , Inc.
N e w York, N e w York

F R - **




Federal Reserve Bank of Chicago
S e c t i o n I V - A p p l i c a t i o n s N o t Su b j e c t to F e d e r a l R e g i s t e r o r N e w s p a p e r
Notice
Tvve

Application

Ros

The H a m p t o n B a n c o , Inc.
H a m p t o n , Iowa
to r e d e e m 6,980 o f its p r e f e r r e d s h a r e s

RoS

C a s c a d e B a n c o r p o r a t i o n , Inc.
Venice, F l o r i d a
to r e d e e m 4 , 3 7 5 . 0 0 o f c o m m o n v o t i n g s h a r e s &
1 1 , 3 1 4 . 6 6 c o m m o n n o n v o t i n g sh a r e s
outstanding

Ros

W a b e n o B a n c o r p o r a t i o n , Inc.
A l t o o n a , Iowa
to r e d e e m a p o r t i o n o f s h a r e s c u r r e n t l y
o w n e d b y C a s c a d e B a n c o r p o r a t i o n , Inc.

ROS

Corydon Bancorporation
C o r y d o n , Iowa
To r e d e e m 861 s h a r e s o f v o t i n g c o m m o n s t o c k
1,500 shares of nonvoting preferred stock

ROS

First Lena Corporation
Lena, I l l i n o i s
R e d e e m 618 s h a r e s o f its s t o c k

N
- Newspaper
FR - Federal Register
* - S u b j e c t to P r o v i s i o n s o f C o m m u n i t y R e i n v e s t m e n t A c t
** - N o t a v a i l a b l e at this time




A V A ILA B ILIT Y 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 May 28, 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

EXAMINATION DATE

RATINGS

-1st Source Bank
1st Source Center
100 North Michigan, P.O. Box 1602
South Bend, Indiana
46634
(219) 235-2000

2/08/93

S

-First of America Bank Northern Michigan
901 South Garfield, Box 1252
Traverse City, Michigan
49685-1252
(616) 935-1111

2/22/93

O




Federal Reserve Bank o f St. Louis
FOR THE WEEK ENDING May 28, 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)(5) application by
Worthen Banking Corporation, Little
Rock, Arkansas, to acquire First
Bentonville Bancshares, Inc.
,
Bentonville, Arkansas

Newspaper:

6-18-93

^Section 3(a)(3) application by
Mercantile Bancorporation Inc.,
St. Louis, Missouri, to acquire
Mt. Vernon Bancorp, Inc., Mt. Vernon
Illinois

Newspaper:

6-25-93

^Section 3(a)(3) application by
Lincoln County Bancorp, Inc., Troy,
Missouri, to acquire Altenburg
Bancorp, Inc., Altenburg, Missouri

Newspaper:

6-26-93

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application

End of Comment Period

Section 4(c)(8) notification by
Central Arkansas Bancshares, Inc.,
Arkadelphia, Arkansas,to engage de novo.
indirectly through First Banc Securities,
Inc., Hot Springs, Arkansas, in providing
investment or financial advice

Not yet available

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
None.
*This application is subject to CRA.




End of Comment Period

FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri

AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f m eeting com m unity credit needs

An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to
meet the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
S atisfactory record o f m eeting com m unity credit needs

An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and moderate- income neighborhoods, in a manner
consistent with its resources and capabilities.
Needs to im prove record o f m eeting com m unity 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 noncom pliance in m eeting com m unity 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 w its resources and capabilities.
ith
FOR THE WEEK ENDING

Name of Bank

Elliott State Bank




May 28, 1993

Bank Address

P. 0. Box 1207
Jacksonville, 11.

Examination
Date
2-16-93
62651

Examination
Rating
Satisfactory

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section I r Applications Subject to
Newspaper Notice Only
Comment Period
Ending Date

Application
Norwest Corporation
Minneapolis, MN
To acquire Citicorp Services,
Long Island City, NY
(Bloomington, MN office) and
engage in securities brokerage
activities.

Not yet available

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period
Ending Date

Wisconsin Bancshares, Inc.
Newport, MN
To acquire, via merger, 100% of
the voting shares of Security
Bancorporation, Inc., Newport, MN*

Not yet available

Dairyland Bancorp, Inc.
Bruce, WI
To acquire 100% of the voting
shares of Bruce Bancshares, Inc.,
Bruce, Wisconsin*

Not yet available

The First National Bank of Keewatin
Keewatin, MN
To acquire 100% of the voting shares
of the State Bank of Conger, Conger,
MN*

Not yet available

Americana Bank
Edina, MN
To acquire 100% of the voting shares
of the State Bank of Conger, Conger,
MN*

Not yet available

Americana Bancorporation of
Minnesota, Inc., Edina, MN
To indirectly acquire 100% of
the voting shares of the State
Bank of Conger, Conger, MN*

Not yet available

* Subject to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section II - Applications Subject to Both
Newspaper and Federal Reaister Notice (Continued)
Comment Period
Endina Date

Application
Keewatin Bancorporation, Inc.
Biwabik, MN
To indirectly acquire 100% of
the voting shares of the State
Bank of Conger, Conger, MN*

Not yet available

Rolla Holding Company, Inc.
Rolla, ND
To acquire 98% of the voting shares of the
First National Bank, Hottinger, ND*

Not yet available

Fort Ridgely National Bancorporation, Inc.,
Fairfax, MN
To acquire 84% of the voting shares of
First National Bank of Fairfax, Fairfax, MN*

Not yet available

Marquette Bancshares, Inc.
Minneapolis, MN
to acquire 100% of the voting shares of the
First State Holding Company, Coon Rapids, MN*

Not yet available

Section III - Applications Subject
to Federal Register Notice Only
Comment Period
Endina Date

Application
None.

Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Marquette Bank
New Prague, MN
To pay 1,400M dividend

* Subject to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending May 28, 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

CRA RATING

Yellowstone Bank,
Absarokee, Montana
P. 0. Box 10
Absarokee, MT 59001
(406) 328-4512

February 22, 1993

Satisfactory

Yellowstone Bank,
Columbus, Montana
P. 0. Box 389
544 Pike Avenue
Columbus, MT 59019
(406) 322-5366

February 22, 1993

Satisfactory




Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION
Platte Valley Bank, Brighton,
Colorado, for prior approval to
establish a de novo branch at 650
East 62nd Avenue, Denver, Colorado

COMMENT PERIOD ENDING DATE
Not Available

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION

COMMENT PERIOD ENDING DATE

Enevoldsen Management Company,
Potter, Nebraska, for prior approval
to become a bank holding company
through the acquisition of 100
percent of the voting shares of The
Potter State Bank, Potter, Nebraska.*

Not Available

Central Mortgage Bancshares, Inc.,
Warrensburg, Missouri, for prior
approval to acquire 55 percent of the
voting shares of Blue Springs Bank,
Blue Springs, Missouri.*

Not Available

Holcomb Bancshares, Inc., Holcomb,
Kansas, for prior approval to become
a bank holding company through the
acquisition of 100 percent of the
voting shares of First National Bank
of Holcomb, Holcomb, Kansas.*

Not Available

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
Grand Valley Corporation, Grand
Junction, Colorado, for prior
approval to redeem 295 shares of its
own voting common stock.




Not Available

Federal Reserve Bank of Kansas City

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification of Ratings
In connection with the assessment of each insured depositoryinstitution's CRA performance, a rating is assigned from the
following groups:
Outstanding record of meeting community credit needs
An institution in this group has an outstanding record of
ascertaining and helping to meet the credit needs of its
entire
delineated community, including low- and moderateincome
neighborhoods,
in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit 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 moderateincome
neighborhoods, in a manner
consistent with
its
resources and capabilities.
Substantial noncompliance in meeting community credit needs
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- and moderateincome
neighborhoods, in a manner
consistent with
its
resources and capabilities.
Bank/Location

Exam Date

None.

♦Application is subject to CRA.




CRA Public
Date

CRA
Rating

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF MAY 24, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

♦Section 18(c) application received from
Texas Bank, Weatherford, TX, to merge with
Texas Bank, Grapevine, TX
(Previously reported during the week of 4-12-93)
♦Section 9 application received from
Texas Bank, Weatherford, TX, to establish a branch
at 1205 South Main, Grapevine, TX
(Previously reported during the week of 4-12-93)
♦Section 9 application received from
Texas Bank, Weatherford, TX, to establish a branch
at 1101 East Northwest Highway, Southlake, TX
(Previously reported during the week of 4-12-93)
♦Section 9 application received from
Texas City Bank, Texas City, TX (currently Texas
City Bank, N.A.) to become a member of the Federal
Reserve System
(Previously reported during the week of 5-10-93)
♦Section 9 application received from
First Bank Pearland, Pearland, TX (currently First
National Bank of Pearland) to become a member of the
Federal Reserve System
(Previously reported during the week of 5-10-93)

93/06/09

93/06/09

93/06/09

93/06/10

93/06/11

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION

** NOTICE EXP

Change in Control Notice by
Bruce N. Canfield, Waskom, TX, to acquire an
interest in Waskom Bancshares, Inc., Waskom, TX

N/A

Change in Control Notice by
Calvin Fryar and Fred Perry, Brownwood, TX, to
acquire an interest in Brownwood Bancshares, Inc.,
Brownwood, TX

N/A




Change in Control Notice by
Ernest HuIon Bay and Edward Earl Bay, Anderson, TX,
to acquire an interest in First Anderson Bancshares,
Inc., Anderson, TX
(Previously reported during the week of 5-10-93)

93/06/09

♦Section 3(a)(3) application by
First Baird Bancshares, Inc., Baird, TX, to acquire
First Baird Bancshares of Delaware, Inc., Dover, DE;
Parker County Bancshares, Inc.,, Weatherford, TX; First
Parker Bancshares, Inc., Weatherford, TX; Weatherford
Bancshares, Inc., Weatherford, TX; First Weatherford
Bancshares, Inc., Weatherford, TX; First National Bank
of Weatherford, Weatherford, TX

N/A

♦Section 3(a)(3) application by
Western Bancshares, Inc., Van Horn, TX, to acquire
First State Bank, Loraine, TX

93/06/05

♦Section 3(a)(3) application by
Ford Bank Group, Inc., Lubbock, TX, to acquire
Texas Commerce Bank, N.A., Lubbock, TX, and Midland
National Bank, Midland, TX

93/06/25

♦Section 3(a)(3) application by
Ford Bank Group Holdings, Inc., Dover, DE, to acquire
Texas Commerce Bank, N.A., Lubbock, TX, and Midland
National Bank, Midland, TX

93/06/25

♦Section 3(a)(3) application by
First United Bank Group, Inc., Albuquerque, NM, to
acquire Texas Commerce Bank, N.A., Lubbock, TX, and
Midland National Bank, Midland, TX

93/06/25

♦Section 3(a)(3) application by
M & F Bancshares, Inc., Weatherford, TX, to acquire
Texas Bank, Grapevine, TX
(Previously reported during the week of 4-12-93)

93/06/09

♦Section 3(a)(3) application by
M & F Financial Corp., Wilmington, DE, to acquire
Texas Bank, Grapevine, TX
(Previously reported during the week of 4-12-93)

93/06/09

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

NOTICE EXP

Section 4(c)(8) application by
Community Bankers, Inc., Granbury, TX, to acquire
Community Data Services, Inc., Cleburne, TX
(engage in data processing services)

N/A




SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None.*

* SUBJECT TO CRA.
** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY.
N/A - NOT AVAILABLE AT THIS TIME.




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF MAY 24, 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 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
First Bank & Trust Company
109 North Main Street
P. 0. Box 158
Dawson, Texas 76639




Date of
Examination
93/02/22

CRA Rating
Satisfactory

FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 5/28/93
Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

None

Section II - Applications Subject to Both
Newspaper and Federal Reqister Notice
Application

Comment Period Endinq Date

First Hawaiian, Inc., Honolulu, Hawaii, to
acquire Pioneer Fed BanCorp, Inc., Honolulu,
Hawaii. *

Newspaper:

6/26/93

Fed. Req.:

5/24/93

N. George Daines, Newell G. Daines, Logan,
Utah, and Linden D. Beckstead, Preston, Idaho,
to collectively acquire 18.46 percent of
Cache Valley Bank, Logan, Utah.

Newspaper:

6/10/93

Fed. Req.:

6/01/93

David F. Bolger, Ridgewood, New Jersey, to
acquire up to 100 percent of S&S Holding
Company, Boise, Idaho.

Newspaper:

6/07/93

Fed. Req.:

6/09/93

Mutual Bancshares, Everett, Washington, to
become a bank holding company by acquiring
Everett Mutual Savings Bank, Everett,
Washington. *

Newspaper:

6/21/93

Fed. Req.:

6/28/93

Pend Oreille Bancorp, Newport, Washington, to
become a bank holding company by acquiring
Pend Oreille Bank, Newport, Washington. *

Newspaper:

6/28/93

Fed. Req.:

7/02/93

Section III - Applications Sub.iect to Federal Register Notice Only
Application

Comment Period Ending Date

U.S. Bancorp, Portland, Oregon, to engage
de novo, directly, in data processing
activities.

Fed. Reg.:

The Sanwa Bank, Limited, Osaka, Japan, to
Fed. Reg.:
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.

* Subject to CRA




6/21/93

Not available

FEDERAL RESERVE BANK OF SAN FRANCISCO (cont’d.)
Week ending 5/28/93
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 21, 1993.
Information about a particular institution’s
CRA evaluation may be obtained directly from the institution.
Institution

Location

Hanmi Bank

3660 Wilshire Blvd.
Los Angeles, CA 90010
(213) 382-2200

Examination Date
2/22/93

Rating*

Needs to Improve

* 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 its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102