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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1992, No. 22
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending May 30, 1992

ACTIONS TAKEN BY THE BOARD OF GOVERNORS
TESTIMONY AND STATEMENTS
Budgets and expenses — statements by Governor Angell
on budgets and expenses of the Federal Reserve
Banks for 1992; and by Governor Kelley on the
BoardTs budget for 1992 before the Subcommittee on
Domestic Monetary Policy of the House Committee on
Banking, Finance and Urban Affairs, May 27, 1992.
Authorized, May 26, 1992.
Budgetary impact of replacing the $1 note with a new
$1 coin — statement by Theodore E. Allison,
Assistant to the Board for Federal Reserve System
Affairs before the Task Force on Economic Policy,
Projections, and Revenues of the House Committee on
the Budget, May 28, 1992.
Authorized, May 28, 1992.
BANK HOLDING COMPANIES
Antioch Holding Company, Antioch, Illinois — written
agreement dated April 24, 1992, with the Federal
Reserve Bank of Chicago.
Announced, May 26, 1992.

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




H .2
MAY 26, 1992
PAGE 2

TO

MAY 29,

1992

A CTIO NS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK BRANCHES, DOMESTIC
Chicago

Bankers Trust Company, Des Moines, Iowa — to
establish an automated teller machine at Kum-N-Go,
50th and E.P. True Parkway, West Des Moines, Iowa.
Approved, May 29, 1992.

Chicago

Bankers Trust Company, Des Moines, Iowa — to
establish an offsite electronic facility at TaitTs
Foods, 4100 University.
Approved, May 29, 1992.

Minneapolis

Commercial Trust and Savings Bank, Mitchell, South
Dakota — to establish a branch in Woonsocket,
South Dakota.
Approved, May 27, 1992.

S t . Louis

Farmers & Merchants Bank, Hannibal, Missouri— to
establish a branch at 307 Broadway, Hannibal,
Missouri.
Approved, May 26, 1992.

San Francisco

Valley Bank of Nevada, Las Vegas, Nevada — to
establish an automated teller machine at 3200 Las
Vegas Boulevard, South.
Approved, May 26, 1992.

BANK HOLDING COMPANIES




Dallas

A.N.B. Holding Company, Ltd., Terrell, Texas —
acquire American National Bank of Terrell.
Approved, May 27, 1992.

Richmond

Columbia Bancorp, Columbia, Maryland — to acquire
Fairview Federal Savings and Loan Association,
Ellicott City, Maryland.
Approved, May 29, 1992.

Richmond

Columbia Bancorp, Columbia, Maryland — proposal that
The Columbia Bank, Columbia, Maryland, merge with
the successor to Fairview Federal Savings and Loan
Association, Ellicott City, Maryland.
Approved, May 29, 1992.

Minneapolis

Edwards Brothers Holding Company, Denton, Montana —
to acquire Farmers State Bank of Denton.
Approved, May 29, 1992.

to

H .2
MAY 26, 1992
PAGE 3

TO

MAY 29,

1992

ACTIO NS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




S t . Louis

Farmers Capital Bank Corporation, Frankfort, Kentucky
— to engage de novo in the sale of motor club
memberships through Money One Credit Corporation.
Returned, May 29, 1992.

Minneapolis

First Bancshares Corporation, Gladstone, Michigan —
to acquire First Bank, Upper Michigan, N.A.,
Gladstone, Michigan.
Approved, May 26, 1992.

Minneapolis

First Integrity Bancorporation, Inc., Staples,
Minnesota — to acquire Frazee Bancorporation,
Inc., Frazee, Minnesota.
Approved, May 29, 1992.

Atlanta

First Metro Bancorp, Muscle Shoals, Alabama —
acquire First Metro Bank.
Approved, May 29, 1992.

GC

First National Corporation of Wynne, Wynne,
Arkansas — determination that sale of a certain
parcel of real estate by First National Bank of
Wynne constitutes divestiture.
Granted, May 29, 1992.

S t . Louis

First Southeast Missouri Bancorporation, Scott City,
Missouri — to acquire Exlano, Inc., Marble Hill,
Missouri, and Security Bank of Bollinger County.
Approved, May 28, 1992.

Chicago

First State Bancshares, Inc., New London, Wisconsin - to acquire First State Bank.
Approved, May 29, 1992.

Chicago

Firstar Corporation, Milwaukee, Wisconsin — to
acquire Federated Bank, S.S.B., Wauwatosa,
Wisconsin, and Federated Insurance Services
Corporation, Menomonee Falls, Wisconsin.
Approved, May 27, 1992.

San Francisco

Home Credit Corporation, Salt Lake City, Utah — to
engage de novo in data processing, tax planning,
and certain insurance activities.
Permitted, May 29, 1992.

to

H .2
MAY 26, 1992
PAGE 4

TO

MAY 29,

1992

ACTIO N S TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Kansas City

J & L Holdings Limited Partnership, San Marcos, Texas
— to acquire Plainview Holding Company, Pilger,
Nebraska.
Approved, May 27, 1992.

Minneapolis

Lake Elmo Bank Profit Sharing Plan and the Lake Elmo
Bank Profit Sharing Trust — to acquire additional
shares of Lake Elmo Bancorp., Inc.
Approved, May 29, 1992.

Atlanta

Meigs County Bancshares, Inc., Decatur, Tennessee —
to acquire Meigs County Bank.
Approved, May 29, 1992.

Cleveland

North American Bancorp, Inc., Pittsburgh,
Pennsylvania — to acquire The North Side Deposit
Bank.
Approved, May 28, 1992.

Dallas

Northwest Bancshares Corporation, Benton, Louisiana - to acquire First National Bank of Benton.
Approved, May 29, 1992.

Atlanta

Pioneer Bancshares, Inc., Chattanooga, Tennessee —
to acquire Pioneer Bank.
Approved, May 29, 1992.

Chicago

Prairie Bancorp, Inc., Manlius, Illinois — to
acquire First Hanover Bancorp, Inc., Hanover,
Illinois, and Hanover State Bank.
Approved, May 29, 1992.

Cleveland

Premier Financial Bancorp, Inc., Vanceburg,
Kentucky — to acquire Citizens Deposit Bank &
Trust, Vanceburg, Kentucky.
Approved, May 28, 1992.

Atlanta

Sarasota BanCorporation, Inc., Sarasota, Florida —
to acquire Sarasota Bank.
Approved, May 29, 1992.

H .2
MAY 26, 1992
PAGE 5

TO

MAY 29, 1992

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

BANK HOLDING COMPANIES
Secretary

Southern National Corporation, Lumberton, North
Carolina — to acquire Southern Savings Bank of
Elkin, Inc., S.S.B., Elkin; and Southern Savings
Bank of Valdese, Inc., S.S.B., Valdese, North
Carolina.
Approved, May 29, 1992.

Dallas

Wellington Delaware Financial Corporation, Dover,
Delaware — to acquire Wellington State Bank,
Wellington, Texas.
Returned, May 27, 1992.

Dallas

WSB Bancshares, Inc., Wellington, Texas — to acquire
Wellington Delaware Financial Corporation, Dover,
Delaware, and Wellington State Bank, Wellington,
Texas.
Returned, May 27, 1992.

BANK MERGERS




Minneapolis

Commercial Trust and Savings Bank, Mitchell, South
Dakota — to merge with Sanborn County Bank,
Woonsocket, South Dakota.
Approved, May 27, 1992.

Secretary

First of America Bank-Ann Arbor, Ann Arbor,
Michigan — to merge with First of American Bank Plymouth N.A. Plymouth, Michigan, and to establish
four branches.
Approved, May 29, 1992.

H .2
MAY 26, 1992
PAGE 6

TO

MAY 29,

1992

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

BANK PREMISES
Richmond

Bank of Clarke County, Berryville, Virginia —
investment in bank premises.
Approved, May 27, 1992.

Secretary

First of America Bank-Ann Arbor, Ann Arbor, Michigan
— investment in bank premises.
Approved, May 29, 1992.

Dallas

Minden Bank & Trust Company, Minden, Louisiana —
investment in bank premises.
Approved, May 29, 1992.

Kansas City

Western Bank of Cody, Cody, Wyoming —
bank premises.
Approved, May 29, 1992.

investment in

CAPITAL STOCK
Minneapolis

Lake Elmo Bancorp, Inc., Lake Elmo, Minnesota —
redemption of shares.
Approved, May 29, 1992.

Minneapolis

Lake Elmo Bank Profit Sharing Trust, Lake Elmo,
Minnesota, and the Lake Elmo Bank Profit Sharing
Plan — redemption of shares.
Approved, May 29, 1992.

CHANGE IN BANK CONTROL
San Francisco

Professional Bancorp, Inc., Santa Monica,
California — change in bank control.
Permitted, May 27, 1992.

COMPETITIVE FACTORS REPORTS




Kansas City

BANK IV Kansas, N.A., Wichita, Kansas, proposed
merger with Kansas National Bank and Trust Company,
Prairie Village, Kansas — report on competitive
factors.
Submitted, May 29, 1992.

H .2
MAY 26, 1992
PAGE 7

TO

MAY 29,

1992

A CTIO NS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS




Minneapolis

Bank of Montana* Great Falls* Montana* proposed
merger with the Bank of Montana Chinook* Chinook*
Bank of Montana Eastside* Great Falls* Bank of
Montana Glasgow* Glasgow; Bank of Montana Lewiston*
Lewiston* Bank of Montana Missoula* Missoula; Bank
of Montana Conrad* Conrad; Bank of Montana Village*
Great Falls; Bank of Montana Anaconda* Anaconda;
Bank of Montana Helena, Helena; Bank of Montana
Havre* Havre; Bank of Montana Rudyard* Rudyard;
Bank of Montana Chester* Chester; Bank of Montana
Butte* Butte; Bank of Montana Big Sandy, Big
Sandy; Bank of Montana Valier* Valier; and Bank of
Montana Shelby, Shelby* Montana — report on
competitive factors.
Submitted* May 27* 1992.

Richmond

CB&T - Westover Bank* Inc.* Westover* West Virginia*
proposed purchase of certain assets and assumption
of the deposit and certain other liabilities of the
three Monongalia County offices of Community Bank &
Trust* N.A.* Fairmont* West Virginia — report on
competitive factors.
Submitted, May 29* 1992.

Richmond

Commerce Bank* Parkersburg* Inc.* Parkersburg, West
Virginia* proposed purchase of certain assets and
assumption of the deposit and certain other
liabilities of the St. Marys* West Virginia* branch
of One Valley Bank* N.A.* Charleston* West Virginia
— report on competitive factors.
Submitted* May 28* 1992.

Atlanta

Intercontinental Bank* Miami* Florida* proposed
merger with Interbanc* Fort Lauderdale* Florida —
report on competitive factors.
Submitted* May 28* 1992.

Minneapolis

Minnesota Valley Bank* Redwood Falls* Minnesota*
proposed merger with the Danube* Minnesota* office
of Americana Bank* Edina* Minnesota — report on
compet it ive factors.
Submitted* May 26* 1992.

H .2
MAY 26, 1992
PAGE 8

TO

MAY 29,

1992

ACTIO NS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS
Philadelphia

New Cumberland, Pennsylvania, proposed merger with
Gettysburg National Bank, Gettysburg, Pennsylvania,
and Parent Federal Savings Bank, Lancaster,
Pennsylvania — report on competitive factors.
Submitted, May 29, 1992.

San Francisco

Orange National Bank, Orange, California, proposed
merger with The Laguna National Bank, N.A., Laguna
Beach, California — report on competitive factors.
Submitted, May 27, 1992.

New York

Provident Savings Bank, Jersey City, New Jersey,
proposed purchase of certain assets and assumption
of certain liabilities of the Hillsborough branch
of National State Bank, Elizabeth, New Jersey —
report on competitive factors.
Submitted, May 29, 1992.

New York

Shadow Lawn Savings Bank, SLA, Cranbury, New Jersey,
proposal to sell its Cranbury, New Jersey, branch
to 1st Constitution Bank — report on competitive
factors.
Submitted, May 28, 1992.

New York

1st Constitution Bank, Cranbury, New Jersey, proposed
acquisition of certain assets and assumption of
certain liabilities of the Cranbury branch of
Shadow Lawn Savings Bank, SLA — report on
competitive factors.
Submitted, May 28, 1992.

EXTENSIONS OF TIME




San Francisco

BankAmerica Corporation, San Francisco, California —
extension to divest certain property.
Granted, May 28, 1992.

San Francisco

First Interstate Bancorp, Los Angeles, California —
extensions to divest certain properties.
Granted, May 28, 1992.

H .2
MAY 26, 1992
PAGE 9

TO

MAY 29,

1992

A CTIO NS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

EXTENSIONS OF TIME




Chicago

Hinsbrook Bancshares, Inc., Willowbrook, Illinois —
extension to September 9, 1992, to acquire
Hinsbrook Bank and Trust.
Granted, May 28, 1992.

Dallas

Minden Bancshares, Inc., Minden, Louisiana —
extension to September 9, 1992, to acquire Webster
Bancshares, Inc.
Granted, May 29, 1992.

Dallas

Minden Bank & Trust, Minden, Louisiana — extension
to September 11, 1992, to merge with Webster Bank &
Trust Company.
Granted, May 29, 1992.

Dallas

Minden Bank & Trust Company, Minden, Louisiana —
extension to September 11, 1992, to establish a
branch at 200 Homer Road, and 1316 Sibley Road.
Granted, May 29, 1992.

Cleveland

Ohio Bancorp, Youngstown, Ohio — extension to
September 12, 1992, to acquire up to 10 percent of
Cortland Bancorp, Cortland, Ohio.
Granted, May 28, 1992.

Chicago

Parkway Bancorp, Inc., Harwood Heights, Illinois —
extension to August 6, 1992, to acquire Parkway
Bank of Illinois, Carpentersville, Illinois.
Granted, May 28, 1992.

Cleveland

Provident Bancorp, Inc., Cincinnati, Ohio —
extension to August 31, 1992, to acquire Suburban
Federal Savings and Loan Association; Merit Savings
Association; Thrift Savings and Loan Company; and
Peoples Federal Savings Bank and Loan Association
of Bellevue, Bellevue, Kentucky.
Granted, May 28, 1992.

Cleveland

Provident Bancorp, Inc., Cincinnati, Ohio —
extension to August 31, 1992, to acquire The
Provident Bank of Boone County, Bellevue, Kentucky,
and The Provident Bank of Kenton County, Covington,
Kentucky.
Granted, May 28, 1992.

H .2
MAY 26, 1992
PAGE 10

TO

MAY 29,

1992

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

EXTENSIONS OF TIME
Cleveland

Provident Bank? Cincinnati? Ohio — extension to
August 31? 1992? to merge with Merit Savings
Association? and Thrift Savings and Loan Company.
Granted? May 28? 1992.

Cleveland

Provident Bank of Kentucky? Alexandria? Kentucky —
extension to August 31? 1992? to merge with The
Provident Bank of Boone County? Bellevue? Kentucky?
and The Provident Bank of Kenton County? Covington?
Kentucky.
Granted? May 28? 1992.

New York

United Counties Bancorporation? Cranford? New
Jersey — extension to August 28? 1992? to acquire
up to 9.9 percent of Central Jersey Bancorp?
Freehold? New Jersey.
Granted? May 28? 1992.

RESERVE BANK OPERATIONS




GC

Collection of cash items and noncash items —
amendments to the uniform operating circulars.
Approved? May 29? 1992.

H .2
MAY 26, 1992
PAGE 11

TO

MAY 29, 1992

ADDITIONS AND CORRECTIONS

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK HOLDING COMPANIES
A tla n ta

B an k lin e S ystem s, In c .# Commerce, G eorgia — to
engage de novo in d a ta p ro c e s s in g and tra n s m is s io n
s e r v ic e s .
P e rm itte d , May 22, 1992.

New York

C re d it S u is s e , Z u ric h , S w itz e rla n d , and CS H olding —
to engage de novo in fo re ig n exchange and
in v estm en t a d v ic e .
W ithdraw n, May 20, 1992.

MEMBERSHIP




C hicago

Parkway Bank o f I l l i n o i s , C a r p e n te r s v ille , I l l i n o i s
- a p p lic a tio n to become a member o f th e F e d e ra l
R eserve System .
W ithdraw n, May 13, 1992.

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

Application

Comment Period Ending Date

NONE
SECTION IV - APPLICATIONS NOT SUBJECT TO
FEDERAL REGISTER OR NEWSPAPER NOTICE

Application

NONE

♦Subject to CRA




SECTION V

- AVAILABILITY OF CRA PUBLIC EVALUATIONS

♦♦Rating Definitions:
"0" - Outstanding; "S" - Satisfactory;
- Needs to Improve; "SN" - Substantial Noncompliance.
Institution




Examination Date

NONE

Ratincr**

"N"

F e d e r a l R e s e r v e B a n k o f New Y o r k

Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
___________ Notice Only___________
TrustCo Bank New York, Schenectady, New York to
establish a branch at 7 Clifton Country Road, Clifton Park,
New York.1/

6/22/92

Chemical Bank, New York, New York to establish a branch
at Madison Square Garden, New York, New York to service
attendees at the Democratic National Convention from
July 13 through July 16, 1992; the branch will cease
operating at 9 PM on July 16, 1992.1/

6/22/92

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
ONBANCorp, Inc., Syracuse, New York, to acquire 100 percent
of the outstanding shares of The Merchants National Bank and
Trust Company of Syracuse, Syracuse, New York and Union
National Bank, Albany, New York.l/
6/29/92 3/
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
None.
SECTION IV
Applications Not Involving
______ Public Comment______
None.
SECTION V
Availability of CRA Public Evaluations
In connection with the assessment of each insured depository institution's
CRA performance, a rating is assigned from the following group:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.



S a t is fa c t o r y

r e c o r d o f m e e t in g c o m m u n ity c r e d i t n e e d 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.
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 30. 1992
NAME OF BANK

RATING

EXAMINATION DATE

Bank of Avoca
18 North Main Street
Avoca, N.Y.
14890

Satisfactory

November 18, 1991

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
Johnstown Bank and Trust Company, Johnstown,
PA seeks approval to merge with Peoples Bank
One, West Lebanon, PA pursuant to Section
18(c) of FDIA.

6/25/92

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND
FEDERAL REGISTER NOTICE
Comment Period Ending Date
None.
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Comment Period Ending Date
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 29, 1992.
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
Madison Bank
1767 Sentry Parkway West
Blue Bell, PA 19122
(215) 641-1111




Examination Date
4/3/92

CRA Rating
Satisfactory

F e d e r a l R e s e r v e B a n k of C l e v e l a n d

Applications Bulletin
For Week Ending May 30, 1992

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY

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 *

*
N
F
#

-

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




F e d e ra l R e se rve

B a n k o f R ic h m o n d

Section I - Applications Subiect to Newspaper
Notice Only
Application

Comment Period Ending: Date

None.

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

Comment Period Ending Date

None.

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

None.

Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
None.




Comment Period Ending Date

Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations
Week ending May 29, 1992

Definition of Ratings
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.

Examination
Date

None.




Rating

F e d e r a l R e s e r v e B a n k of A t l a n t a
A p p l i c a t i o n s B u l l e t i n f or W e e k E n d i n g M a y 29.

1992

Section 1 - Applications Subject to Newspaper Notice Only

Application

Comment Period Ending Date

Mega Bank
Miami, Florida
To establish a branch located at
18999 Biscayne Boulevard, North Miami
Beach, Florida, to be known as North
Miami Beach Office.

Not yet available*

NationsBank of Tennessee
Nashville, Tennessee
To establish a remote full-service ATM,
located at 4025 Viscount, Memphis,
Tennessee.

Not yet available*

Section 2 - Applications Subject To Both
Newspaper and Federal Register Notice

Application

Comment Period Ending Date

Metro Bank of Dade County
Miami, Florida
Change in control notice by Fred S.
Havenick to acquire an additional
2.50 percent of the outstanding shares
of common stock. Acquisition will
increase his total ownership to 26.60
percent.

05-31-92*
Newspaper

Orange Banking Corporation
Orlando, Florida
Change in control notice by John H. Day
to retain 9.02 percent of Corporation
and to acquire an additional 6.90 percent
of Corporation. Acquisition will increase
his total ownership to 29.99 percent.

Not yet available*

Tomoka Bancorp, Inc.
Ormond Beach, Florida
1-BHC formation, Tomoka State Bank,
Ormond Beach, Florida.

Not yet available*

♦Subject



to P r o v i s i o n s

of th e C o m m u n i t y R e i n v e s t m e n t Act.

Federal R e s e r v e B a n k of A t l a n t a
A p p l i c a t i o n s B u l l e t i n for W e e k E n d i n g M a y 29.

1992

Section 2 - Applications Subject To Both
Newspaper and Federal Register Notice

Application

Comment Period Ending Date

United Community Banks, Inc.
Blairsville, Georgia
To acquire Mountain Bank of Georgia,
Hiawassee, Georgia.

Not yet available*

Section 3 - Applications Subject to Federal
Register Notice Only
Application

Comment Period Ending Date

None.

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice

Application
EuroHoldings, Inc.
Coral Gables, Florida
Commitment waiver request.




F e d e r a l R e s e r v e B a n k of A t l a n t a
A p p l i c a t i o n s B u l l e t i n for W e e k E n d i n g M a y 29.

1992

Section 10 - Availability of CRA Public Evaluations

The CRA public evaluations of the insured depository institutions
listed below became available during this week. Information about
an institution's CRA evaluation may be obtained directly from the
institution. In connection with the assessment of an institution's
CRA performance, a rating is assigned from the following groups:
Outstanding record of meeting community credit needs:
An
institution has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs:
An
institution has a satisfactory record of ascertaining and helping
to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs:
An
institution needs to improve its overall record of ascertaining and
helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs:
An
institution has a substantially deficient record of ascertaining
and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.

Examination
Bank

Rating

Date

Mega Bank
11400 North Kendall Drive
Miami, Florida 33176
(305) 596-6342

Satisfactory

02-18-92

SouthTrust Bank of Tampa
Post Office Box 21587
Tampa, Florida 33622
(813) 875-4123

Satisfactory

02-24-92




Federal Reserve Bank of Chicago
Section I

-

Applications Subject to N e w s p a p e r
Notice O n l y

Comment Period
Ending Date

Type

Application

Branch

First o f America Bank-Ann A r b o r
N
- 6-28-92
A n n Arbor, Michigan
18 contractual branch offices with
Fir s t o f America Bank-Upper Peninsula, N . A .
Marquette, Michigan
38 contractual branch offices with
First o f America Bank-Mid Michigan, N.A.
B a y City, Michigan
39 contractual branch offices with
First o f America Bank-Michigan, N.A.
Kalamazoo, Michigan
71 contractual branch offices with
First o f America Bank-Southeast Michigan, N.A.
Detroit, Michigan*

Branch

First o f America Bank-Central
N
- 6-28-92
Lansing, Michigan
18 contractual branch offices with
First of America Bank-Upper Peninsula, N.A.
Marquette, Michigan
38 contractual branch offices with
First o f America Bank-Mid Michigan, N.A.
B a y City, Michigan
39 contractual branch offices with
First of America Bank-Michigan, N.A.
K a l a m a z o o , Michigan
71 contractual branch offices with
First of America Bank-Southeast Michigan, N.A.
Detroit, Michigan*

Branch

First o f America Bank-Northern M i c h i g a n
N
- 6-28-92
Traverse City, Michigan
18 contractual branch offices with
First o f America Bank-Upper Peninsula, N.A.
Marquette, Michigan
38 contractual branch offices with
First o f America Bank-Mid Michigan, N.A.
B a y City, Michigan
39 contractual branch offices with
First o f America Bank-Michigan, N.A.
K a l a m a z o o , Michigan
71 contractual branch offices with
First o f America Bank-Southeast Michigan, N.A.
Detroit, Michigan*




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

Type

Application

Branch

First o f A m e r i c a Bank-West Michigan
N
Gra n d Rapids, Michigan
18 contractual branch offices with
First o f A m e r i c a Bank-Upper Peninsula, N.A.

- 6-28-92

Marquette, Michigan
38 contractual branch offices with
First o f A m e r i c a Bank-Mid Michigan, N.A.

Bay City, Michigan
39 contractual branch offices with
First o f A m e r i c a Bank-Michigan, N.A.
Kalamazoo, Michigan
71 contractual branch offices w ith
First o f A m e r i c a Bank-Southeast Michigan, N.A.

Detroit, Michigan*
Branch

S e c u r i t y B a n k and Trust Company
N
Southgate, M i c h i g a n
18 contractual branch offices wit h
First o f A m e r i c a Bank-Upper Peninsula, N.A.
Marquette, Michigan
38 contractual branch offices with
First o f A m e r i c a Bank-Mid Michigan, N.A.
B a y City, M i c h i g a n
39 contractual branch offices with
First o f Am e r i c a Bank-Michigan, N.A.

- 4-19-92

Kalamazoo, Michigan
71 contractual branch offices with
First o f Am e r i c a Bank-Southeast Michigan, N.A.
Detroit, M i chigan*
B r a n c h / 2 4A

O l d Kent B a n k
Chicago, Illinois
3333 B e v e r l y R o a d
H o ffman Estates, Illinois*

N

- **

Merger/
Bra n c h

De M o t t e State B a n k
DeMotte, Indiana
Knox, Indiana branch of Ameritrust
National Bank, Elkhart, Indiana
B r anch at 307 Carlson Drive
Knox, Indiana*

N

- **




Federal Reserve Bank of Chicago
S e ction I - Applications Subject to New s p a p e r
Notice Onl y
(c o n t i n u e d

)

Type

A p p l i cation

/

Merger
Branches/
Oakar

Type

O l d Kent Bank and Trust C o m p a n y
G r a n d Rapids, Michigan
Great Lakes Bancorp, F.S.B.
A n n Arbor, Michigan
201 S. Washington Square
Lansing, Michigan
2 3 8 0 N. Cedar, Suite 2
Holt, Michigan
303 Abbott Road
East Lansing, Michigan
4990 Marsh Road
Okemos, Michigan
6334 W. Saginaw Street
Lansing, Michigan*

Comment P e r i o d
E n d i n g Dat e
N

- 4-3-92

S ection II - Applications Subject to Both N e w s p a p e r and Federal
Register Notice
Comment P e r i o d
E n d i n g Dat e
A pplication

Y-l

First Community B a n c s h a r e s , Inc.
Bargersville, Indiana
Bargersville Federal Savings B a n k
Bargersville, Indiana*

FR N
-

Y-l

Jon e s Bancorp, Inc.
Marcellus, Michigan
G.W. Jones Exchange B a n k
Marcellus, Michigan*

FR - **
N
- **

CoC-HC

Overton Bank Shares, Inc.
Mondamin, Iowa
James F. & Donald F. S c h w e r t l e y and
James R. King

FR - **
N
- **

Y-2

A m c o r e Financial, Inc.
R o c k f o r d , Illinois
Dix o n Bancorp, Inc.
Dixon, Illinois
The Dixon National B a n k
Dixon, Illinois*

FR N
-




6-8-92
6-5-92

6-5-92
6-1-92

Federal Reserve Bank of Chicago
Section III - A p p l i c a t i o n s Subject to Federal R e g i s t e r
Notice Only
Comment Period
E n d i n g Date

Type

Application

4(c) (8)

P a r k Bancorporation, Inc.
M a d i s o n , Wisconsin
F o r m C D C through the Park Bank
C o m m u n i t y Investment Corporation
Madison, Wisconsin

FR - **

4(c)(8)

First M i dwest Bancorp, Inc.
Naperville, Illinois
To engage in acquiring and servicing
o f loans

FR - 4-27-92

Y-4

S t o r y C o u n t y Bancorporation
Jewell, Iowa
V i king Village Company, L.P.
Jewell, Iowa

F R - **

Y-4

O l d Kent Financial Corporation
Grand Rapids, Michigan
O l d Kent Broke r a g e Services, Inc.
Grand Rapids, Michigan

FR - **

Section IV

-

A p p l i c a t i o n s Not Subject to Federal R e g i s t e r or Newspaper
Notice

Type

Ap p l i c a t i o n

RoS

Overton B a n k Shares, Inc.
M o n d a m i n , Iowa
To r e deem 232 shares of voting common s tock

-

N
Newspaper
FR - Federal R e g ister
* - Subject to Provisions o f Community Reinvestment A c t
** - Not available at this time




AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following state member banks have been examined by the Federal Reserve Bank
of Chicago for compliance with the CRA. The 30-business day period the bank has
to make the evaluation public has lapsed during the week ending May 29, 1992.
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

-The Security Trust & Savings Bank
617 West Sheridan
Shenandoah, Iowa
51601
(712) 246-1311

1/27/92

S

-Peoples Bank and Trust Company
Highway 101 Noerh
P.O. Box 168
Sunman, Indiana
47041-0168
(812) 623-2237

2/24/92

S

-INB Banking Company, Northeast
200 East Berry Street
Renaissance Square Center
Fort Wayne, Indiana
46861
(219) 421-2100

2/12/92




RATINGS

S

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING MAY 29, 1992
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End of Comment Period

None.

SECTION I I - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
A p p lic a tio n

End o f Comment P erio d

* Section 3(a)(1) application by Rockwood Bancshares,
Inc., Eureka, Missouri to acquire Rockwood Bank
Eureka, Missouri
Newspaper: 6-28-92

SECTION I I I - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
A p p lic a tio n

End o f Comment P erio d

None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
A p p lic a tio n
End o f Comment P erio d
None.

This application is subject to CRA.




FEDERAL RESERVE BANK OF ST. LOUIS
S t Louis, Missouri

AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f m eeting com m unity credit needs
A n institution in this group has an outstanding record of, and is a leader in, ascertaining and helping
to m eet the credit needs o f its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record o f m eeting com m unity credit needs
A n institution in this group has a satisfactory record o f ascertaining and helping to meet the credit
needs o f its entire delineated community, including low- and moderate- income neighborhoods, in a
manner consistent with its resources and capabilities.
Needs to im prove record o f m eeting community credit needs
A n institution in this group needs to improve its overall record o f ascertaining and helping to meet
the credit needs o f its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Substantial noncom pliance in m eeting community credit needs
A n institution in this group has a substantially deficient record o f ascertaining and helping to m eet
the credit needs o f its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.

FOR THE WEEK ENDING May 29, 1992
Name o f Bank
The P eoples Bank &
T ru st Company




Bank A ddress
Main Drawer
G reensburg, Kentucky 42743

E xam ination
D ate
3-2-92

E xam ination
R atin g
S a tis f a c to r y

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

Application
None.

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Comment Period
Ending Date

Application
Bigfork Bancshares, Inc.
Bigfork, MN
To acquire 99.2% of the First
State Bank of Bigfork, Bigfork, MN*

Not yet available

Bowbells Holding Company
Bowbells, ND
To acquire 100% of the First
National Bank, Minot, ND*

Not yet available

Dale Pahlke, Raymond Reich, Stanley
Sayler, Security Bank of Hebron
Profit Sharing Plan & Security In­
surance Services, Inc.
To acquire control of 88.39% of
Hebron Banshares, Inc., Hebron, ND

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
Hebron Banshares, Inc.
Hebron, ND
To redeem 56.11% of its voting
shares.

* Subject to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending May 29, 1992
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.
B A N K ( ) EXAMINED
S
No n e .




DATE OF EXAMINATION

CRA RATING

Federal Reserve Bank of Kansas City

SECTION I ~ APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION

COMMENT PERIOD ENDING DATE

First Fidelity Bancorp, Inc.,
Oklahoma City, Oklahoma, for prior
approval of the acquisition by merger
of City Bancorp of Norman, Inc.,
Norman, Oklahoma.*

Not Available

Basil and Danna L. Taylor and C. J.
and Margaret Benway of Watonga,
Oklahoma, for prior approval for each
party to increase their ownership in
First State Bancorporation of
Watonga, Inc., Watonga, Oklahoma by
1.27 percent to 25.0 percent.

Not Available

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION
The Avoca Company, Avoca, Nebraska,
for prior approval to engage in
lending activities.

COMMENT PERIOD ENDING DATE
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:




Federal Reserve Bank of Kansas City

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.
CRA
Rating

Bank/Location

Exam Date

CRA Public
Date

Pitkin County Bank & Trust
P.O. Box 3677
Aspen, Colorado 81612

2-

24-92

5-26-92

Satisfactory

Sac River Valley Bank
P.O. Box B
Stockton, Missouri 65785

3-

2-92

5-28-92

Satisfactory

*Application is subject to CRA.




FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF MAY 25, 1992
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY

NOTICE EXP

APPLICATION
None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE

APPLICATION

**
* NOTICE EXP

Change in Control Notice by
Jose Maria Ramirez, Jr., San Ygnacio, TX, to acquire
an interest in Zapata Bancshares, Inc., Mercedes, TX
Change in Control Notice by
Pat S. Bolin, Dallas, TX; D. Phil Bolin; Dan H. Bolin;
and Warren T. Ayres, Wichita Falls, TX, to acquire an
interest in Fidelity Resources Company, University Park, TX
(Previously reported during the week of 4-13-92)

N/A

92/06/02

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.




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF MAY 25. 1992
Outstanding record of meeting community credit needs.

An institution in this group has an outstanding
leader in, ascertaining and helping to meet the
entire
delineated community, including
lowneighborhoods,
in a manner
consistent with
capabi1ities.

record of, and is a
credit needs of its
and moderate-income
its
resources
and

Satisfactory record of meeting community credit needs.

An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to Improve record of meeting community credit needs.

An institution in this group need
to
improve its overall record of
ascertaining and
helping to meet the
credit needs of
its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Substantial Noncompliance in meeting community credit needs.

An institution in this group has a substantially deficient record of
ascertaining and
helping to meet the
credit needs of
its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.

Bank
State Bank and Trust Company
231 North Guadalupe
P. 0. Box 649
San Marcos, Texas 78667-0649




Date of
Examination

92/02/24

CRA Rating

Satisfactory

FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 05/29/92

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

Putra Masagung, Jakarta, Indonesia, to acquire
64.31 percent of Bank of San Francisco Company
Holding Company, San Francisco, California.

Newspaper:

6/14/92

Fed. Reg.:

6/16/92

West One Bancorp, Boise, Idaho, and West One
Bancorp, Washington, Bellevue, Washington, to
acquire Yakima Valley Bank, Yakima, Washington.*

Newspaper:

6/17/92

Fed. Reo.:

Not available

Section III - Applications Subject to Federal Register Notice Only

Professional Bancorp, Inc., Santa Monica,
California, to engage in nonbanking activities
through the acquisition of BBH Qualified Plans,
Inc., Pasadena, California.

Fed. Reo.:

6/17/92

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

None

*

Subject to CRA




F ederal R eserve B ank of S an F rancisco

FEDERAL RESERVE BANK OF SAN FRANCISCO (cont’d.)
Week ending 5/29/92
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending March 6, 1992. Information about a particular institution’s
CRA evaluation may be obtained directly from the institution.
Institution

Location

Examination Date

Rating*

None

* Under the rating system an institution’s CRA performance is assigned one of
the following four ratings:
Outstanding record of meeting community credit needs: An institution has an
outstanding record of, and is a leader in, ascertaining and helping to meet
the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs: An institution has a
satisfactory record of ascertaining and meeting the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs: An institution
needs to improve its overall record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.
Substantial 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