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r £S£AFCH

L!BftARY

forZO 3 AfctSfloM
av to* H*2/ 1 9 9 6 < n o . 18
of the Board, its

ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

Staff, and
* * .
iV :.the Federal Reserve Banks;
QF C .
!..Applications and Reports Received
During the Week Ending May 4, 1996

TESTIMONY AND STATEMENTS
Supervision and regulation of the U.S. banking system
-- statement by Governor Kelley before the House
Committee on Banking and Financial Services,
April 30, 1996.
Published, April 30, 1996.
Small business financing and the role of banks in
providing credit to small firms -- statement by
Governor Yellen before House Committee on Small
Business.
Published, May 1, 1996.
BANK HOLDING COMPANIES
BNCCORP, Inc., Bismarck, North Dakota -- to form 3NC
Financial Corporation, St. Cloud, Minnesota, and
engage de novo in management consulting and
commercial finance activities.
Permitted, May 1, 1996.
National Bancshares Corporation of Texas, Laredo,
Texas - - t o acquire Corpus Christi Bancshares,
Inc., Corpus Christi, Texas, and Citizens State
Bank.
Approved, April 29, 1996.
Norwest Corporation, Minneapolis, Minnesota - - t o
acquire AmeriGroup, Incorporated, Minnetonka; and
the brokerage business of ArneriBank, Bloomington,
Minnesota, and to engage in full-service brokerage
activities.
Approved, April 29, 1996.
BANK MERGERS




Morgan Guaranty Trust Company of New York, New York,
New York -- to merge with J.P. Morgan Delaware,
Wilmington, Delaware, and to establish branches at
Morgan Delaware’s existing branch locations.
Approved, April 29, 1996.
Signet Bank, Richmond, Virginia - - t o merge with
Signet Bank, N.A., Falls Church, Virginia, and to
establish branches.
Approved, April 29, 1996.

H.2
APRIL 29, 1996
PAGE 2

TO

MAY 3, 1996

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

ENFORCEMENT
Banco Boliviano Americano, S.A., La Paz, Bolivia, and
its Miami Agency -- execution of a written
agreement dated April 23, 1996, with the Federal
Reserve Bank of Atlanta, and the State of Florida
Department of Banking and Finance.
Announced, April 29, 1996.
INTERNATIONAL OPERATIONS
First National Bank of Chicago, Chicago, Illinois -to establish a branch in Singapore.
Permitted, April 29, 1996.

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and
Community Affairs; FQMC - Federal Open Market Committee; FRBO - Federal Reserve
Bank Operations; IF * International Finance; OSDM - Office of Staff Director
for Management
BANK BRANCHES. DOMESTIC




Richmond

Bank of Hampton Roads, Chesapeake, Virginia - - t o
establish a branch at 1400 Kempsville Road, Suite
102.
Approved, April 30, 1996.

Philadelphia

First Executive Bank, Philadelphia, Pennsylvania -to establish a branch at 4190 City Line Avenue.
Approved, May 3, 1996.

San Francisco

First Utah Bank, Salt Lake City, Utah - - t o establish
a branch at 11496 South State.
Approved, May 3, 1996.

Richmond

George Mason 3ank, Fairfax, Virginia -- to establish
a branch at 531-A East Market Street, Leesburg,
V irginia.
Approved, May 3, 1996.

H.2
APRIL 2.9, 1996
PAGE 3

TO

MAY 3, 1996

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

BANK BRANCHESJ DOMESTIC
New York

Marine Midland Bank, Buffalo, New York -- to
establish a drive-thru branch at 1122A Maple Ridge
Road, Medina, New York.
Approved, May 1, 1996.

BANK HOLDING COMPANIES




Chicago

Associated Banc-Corp, Green Bay, Wisconsin, and
Associated Banc-Shares, Inc., Madison -- to acquire
F&M Bankshares of Reedsburg, Inc , Reedsburg,
Wisconsin, and Farmers & Merchants Bank.
Approved, May 3, 1996.

Richmond

Bailey Financial Corporation, Clinton, South Carolina
-- to acquire Rock Hill Bank St Trust, Rock Hill,
South Carolina.
Approved, April 30, 1996.

Dallas

Citadel Delaware Financial Corporation, Dover,
Delaware -- request for waiver of application to
acquire First National Bank of Burleson, Burleson,
Texas.
Granted, May 3, 1996.

Director, BS&R

Community Bancshares, Inc., Blountsville, Alabama -transfer agent registration.
Approved, April 29, 1996.

Boston

Connecticut Bankshares, MHC, Manchester,
Connecticut -- to acquire The Savings Bank of
Manchester.
Approved, April 29, 1996.

Philadelphia

ExecuFirst Bancorp, Inc., Philadelphia, Pennsylvania,
proposed merger with Republic Bancorporation, Inc.
Approved, May 3, 1996.

H.2
APRIL 2 9 j 1996
PAGE A

TO

MAY 3,

1996

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

BANK HOLDING COMPANIES




St. Louis

Farmers Bancshares, Inc.,, Hardinsburg, Kentucky -notification of intent to engage de novo in creditrelated insurance through Farmers Bancshares
Finance Corp., Inc.
Permitted, May 1, 1996.

Kansas City

Federated Bancshares, Inc., Kansas City, Kansas -- to
acquire 8.72 percent of First Bank of Kansas City.
Withdrawn, May 1, 1996.

Chicago

Figge Bancshares, Inc., Davenport, Iowa -- to acquire
Ossian State Bank, Ossian, Iowa, and Iowa State
Bank, Calmar, Iowa.
Approved, April 30, 1996.

Atlanta

First Commerce Banks of Florida, Inc , Winter Haven,
Florida -- to acquire First Mercantile National
Bank, Longwood, Florida.
Approved, May 3, 1996.

St. Louis

First Commercial Corporation, Little Rock, Arkansas,
and State First Financial Corporation, Texarkana,
Arkansas -- to acquire Cedar Creek Bancshares,
Inc., Seven Points, Texas, and Cedar Creek Bank.
Approved, April 29, 1996.

Chicago

Horizon Bancorp, Michigan City, Indiana -notification of intent to engage de novo in lending
activities.
Returned, April 30, 1996.

Atlanta

Independent Bankshares Corporation, Gallatin,
Tennessee -- to acquire Rutherford Bank and Trust,
Murfreesboro, Tennessee.
Approved, May 2, 1996.

New York

Industrial Bank of Japan Limited, Tokyo, Japan - - t o
acquire through Aubrey G. Lanston 3 t Co., Inc., New
York, New York, one share of GOVPX, Inc., and
engage in data processing.
Approved, May 3, 1996.

H .2
APRIL 29, 1996
PAGE 5

TO

MAY 3, 1996

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

BANK HOLDING COMPANIES




Minneapolis

Kanabec Credit Co., Mora, Minnesota -- to acquire
5.5 percent of the shares of First Citizens
Financial Corporation, Mason City, Iowa.
Approved, May 1, 1996.

Chicago

Lincoln Bancorp, Reinbeck, Iowa -- request for waiver
of an application to acquire Greer.e Bancorporation,
Greene, Iowa, and First State Bank.
Granted, May 3, 1996.

Dallas

Lockney Holding Company, Wilmington, Delaware - - t o
acquire First State Bank, Silverton, Texas.
Approved, April 29, 1996.

Chicago

Montgomery Bancshares, Inc., Montgomery, Illinois -notification of intent to engage in lending
activities.
Permitted, May 3, 1996.

Atlanta

Monticello Bancshares, Inc., Monticello, Georgia -to acquire Bank of Monticello.
Approved, May 2, 1996.

Directory BS&R

National City Corporation, Cleveland, Ohio -- request
for relief from section 20 firewalls to permit
NatCity Investments, Inc., to underwrite one issue
of equity securities issued by National City
Processing Company, Louisville, Kentucky.
Granted, May 2, 1996.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota, Norwest
Financial Services, Inc., Des Moines, Iowa; and
Norwest Financial, Inc. -- notification of intent
to engage in consumer lending and credit insurance
activities through the acquisition of certain
assets of Cardinal Credit Corporation, Lexington,
Kentucky.
Permitted, May 3, 1996.

H.2
APRIL 29, 1996
PAGE 6

TO

MAY 3, 1996

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

BANK HOLDING COMPANIES




Minneapolis

Norwest Corporation, Minneapolis, Minnesota -notification of intent to purchase certain assets
and assume certain liabilities of PreMerit Bank,
fsb, Las Vegas, Nevada.
Approved, May 3, 1996.

Dallas

Outsource Capital Group, Inc., Lubbock, Texas -request for waiver of application to acquire Rail
Mortgage Corporation.
Withdrawn, May 1, 1996.

Dallas

Outsource Delaware Capital Group, Inc., Dover,
Delaware -- request for waiver of application to
acquire Rail Mortgage Corp., Lubbock, Texas.
Withdrawn, May 1, 1996.

Chicago

Peoples Bancorp, Inc., Prairie du Chien, Wisconsin
notification of intent to engage in appraisal
services through Northridge Consulting Corp.
Permitted, April 29, 1996.

Director, BS&R

Pioneer Bancshares, Inc., Chattanooga, Tennessee transfer agent registration.
Approved, April 29, 1996.

Kansas City

Sooner Southwest Bancshares, Inc., Bristol,
Oklahoma - - t o acquire Southwest Consolidated Life
Insurance Company.
Approved, May 2, 1996.

Secretary

Southwest Bancorporation, Inc., Houston, Texas, and
Southwest Bancorporation of Delaware, Inc.,
Wilmington, Delaware - - t o acquire Southwest Bank
of Texas, N.A., Houston, Texas.
Approved, May 2, 1996.

Atlanta

Synovus Financial Corporation, Columbus, Georgia.
TB&C Bancshares, Inc.; and Total Systems Services,
Inc. - - t o acquire Vital Processing Services,
L.L.C. in a joint venture and engage de novo in
merchant data processing activities.
Permitted, April 29, 1996.

H.2
APRIL 29., 1996
PAGE 7

TO

MAY 3, 1996

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

BANK HOLDING COMPANIES
Dallas

Unicorp Bancshares - Delaware, Inc., Dover,
Delaware -- to acquire Orangebank, Orange, Texas.
Approved, May 1, 1996.

Dallas

Unicorp Bancshares - Delaware, Inc., Dover,
Delaware -- to acquire First Texas Bank, Vidor,
Texas.
Approved, May 1, 1996.

Dallas

Unicorp Bancshares - Texas, Inc., Orange, Texas -acquire Vidor Bancorpcration, Inc., Vidor, Texas,
and First State Bank.
Approved, May 1, 1996.

Director, BS&R

Union Planters Corporation, Memphis, Tennessee -request for relief from commitment concerning
advertising of insurance products by Summit
Insurance, Inc., Trenton, Tennessee.
Granted, April 30, 1996.

Dallas

West Texas National Bancshares, Inc., Lockney,
Texas -- to acquire Silverton Bancshares,
Inc.,Silverton, Texas, and First State Bank.
Approved, April 29, 1996.

BANK MERGERS
Philadelphia

Republic Bank, Philadelphia, Pennsylvania -- to
acquire First Executive Bank.
Approved, May 3, 1996.

BANK PREMISES




Atlanta

Community Bank of Mississippi, Forest, Mississippi
investment in bank premises.
Approved, May 1, 1996.

H.2
APRIL 29, 1996
PAGE 8

TO

MAY 3, 1996

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

BANKS, STATE MEMBER
Atlanta

Community Bank of Mississippi, Forest, Mississippi -to invest in a bank service corporation to provide
credit insurance underwriting services.
Approved, May 1, 1996.

CHANGE IN BANK CONTROL
Minneapolis

Ashby Bancshares, Inc., Ashby, Minnesota -- change in
bank control.
Permitted, May 1, 1996.

Dallas

Central Community Corporation, Temple, Texas -change in bank control.
Returned, April 30, 1996.

San Francisco

Redwood Empire Bancorp, Santa Rosa, California
change in bank control.
Permitted, April 30, 1996.

COMPETITIVE FACTORS REPORTS




Chicago

Aetna Bank, N.A., Chicago, Illinois, proposed merger
with Lincoln National Bank; Commercial National
Bank of Chicago; River Forest State Bank and Trust
Company, River Forest; Madison Bank, N.A., Chicago;
First State Bank of Calumet City, Culumet City, and
First National Bank of Wheeling, Wheeling, Illinois
-- report on competitive factors.
Submitted, May 1, 1996.

St. Louis

Bank of Crockett, Bells, Tennessee, proposed purchase
of certain assets and assumption of certain
liabilities of the Alamo, Tennessee, branch of
Security Bank, Newbern, Tennessee -- report on
competitive factors.
Submitted, May 1, 1996.

Atlanta

CNB National Bank, Lake City, Florida, proposed
merger with Farmers and Dealers Bank, Lake Butler,
Florida -- report on competitive factors.
Submitted, April 29, 1996.

Chicago

Farmers & Merchants Bank, Reedsburg, Wisconsin,
proposed merger with ABC Interim Bank, Reedsburg,
Wisconsin -- report on competitive factors.
Submitted, May 3, 1996.

H.2
APRIL 29, 1996
PAGE 9

TO

MAY 3, 1996

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

COMPETITIVE FACTORS REPORTS




Minneapolis

First Bank, fsb, Fargo, North Dakota, proposed merger
with Nevada National Bank, Nevada, Iowa -- report
on competitive factors.
Submitted, May 1, 1996.

Minneapolis

First State Bank of Park River, Park River, North
Dakota, proposed merger with Security State Bank of
Adams, Adams, and Lamb’s Bank of Michigan City,
Michigan, North Dakota -- report on competitive
factors.
Submitted, May 1, 1996.

Chicago

Lincoln Savings Bank, Reinbeck, Iowa, proposed merger
with First State Bank, Greene, Iowa -- report on
competitive factors.
Submitted, May 3, 1996.

San Francisco

Metrobank, Los Angeles, California, proposed merger
with Comerica Bank-California, San Jose, California
-- report on competitive factors.
Submitted, April 30, 1996.

Minneapolis

MinnStar Bank, National Association, Lake Crystal,
Minnesota, proposed merger with Interim National
Bank of Lake Crystal -- report on competitive
factors.
Submitted, April 30, 1996.

Boston

New England Bank and Trust Company, Windsor,
Connecticut, proposed merger with Manchester State
Bank, Manchester, Connecticut -- report on
competitive factors.
Submitted, April 30, 1996.

Minneapolis

Norwest Bank, NA, Minneapolis, Minnesota, proposed
merger with AmeriBank, Bloomington, Minnesota -report on competitive factors.
Submitted, May 3, 1996.

H.2
APRIL 29, 1996
PAGE 10

TO

MAY 3, 1996

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

COMPETITIVE FACTORS REPORTS
New York

R e p u b l i c N a t i o n a l Bank of Ne w York, Ne w York, New
York, p r o p o s e d m e r g e r w i t h R e p u b l i c Bank C a l i f o r n i a
N a t i o n a l A s s o c i a t i o n , B e v e r l y H i l l s , C a l i f o r n i a -r e p o r t on c o m p e t i t i v e factors.

Submitted, April 30, 1996.
New York

Skaneateles Savings Bank, Skaneateles, New York,
proposed purchase of certain assets and assumption
of certain liabilities of Cicero Bank, Cicero, New
York -- report on competitive factors.
Submitted, May 3, 1996.

Boston

Unibank For Savings, Whittinsville, Massachusetts,
proposed transfer of the majority of its assets and
liabilities to a stock savings bank of the same
name -- report on competitive factors.
Submitted, April 30, 1996.

Richmond

Washington Federal Savings Bank, Herndon, Virginia,
proposed merger with The First National Bank of
Maryland, Baltimore, Maryland -- report on
competitive factors.
Submitted, May 1, 1996.

EXTENSIONS OF TIME




Kansas City

Bancshares of Nicholas Hills, Inc., Ponca City,
Oklahoma -- extension to August 13, 1996, to
acquire Bank of Nicholas Hills, Oklahoma City, and
for Pioneer Bancshares, Inc., Ponca City, and
Pioneer Bancshares, Inc., ESOP to acquire
Bancshares of Nicholas Hills, Inc.
Granted, May 3, 1996.

San Francisco

Dai-Ichi Kangyo Bank, Limited, Tokyo, Japan -extension to divest certain property.
Granted, May 1, 1996.

H.2
APRIL 29, 1996
PAGE 11

TO

MAY 3, 1996

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

EXTENSIONS OF TIME
San Francisco

Sakura Bank, Ltd., Tokyo, Japan - extensions to
divest certain properties.
Granted, May 1, 1996.

RESERVE BANK OPERATIONS




Director, FRBO

Federal Reserve Bank of Cleveland -- to purchase a
telephone and voice mail system
Approved, May 3, 1996.

Director, FRBO

Federal Reserve Bank of Dallas -- to purchase
financial software and services
Approved, April 30, 1996.

H.2
APRIL 29, 1996
PAGE 12

ADDITIONS AND CORRECTIONS
TO

MAY 3, 1996

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

INTERNATIONAL OPERATIONS
Bankers Trust Company, New York, New York -- to
establish certain special purpose companies.
Permitted, April 26, 1996.
REGULATIONS AND POLICIES
Capital and surplus -- final rule concerning the
definition of capital stock and surplus for
purposes of Section 23A of the Federal Reserve Act
(Docket R-0902).
Approved, April 16, 1996.
Uniform Rules of Practice and Procedure for
Administrative Hearings -- final amendments
(Docket R-0878).
Approved, March 19, 1996.

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

COMPETITIVE FACTORS REPORTS




Philadelphia

Commonwealth Savings Bank, Valley Forge,
Pennsylvania, proposed purchase of the assets and
assumption of the liabilities of eleven offices of
Meridian Bank, Reading, Pennsylvania -- report on
competitive factors.
Submitted, April 26, 1996.

Kansas City

Cozad State Bank 8 Trust Company, Cozad, Nebraska,
proposed merger with St. Paul National Bank, St.
Paul, Nebraska -- report on competitive factors.
Submitted, April 26, 1996.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
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
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

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Institution

Examination Date

Rating**

NONE

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




"N" - Needs to

FEDERAL RESERVE BANK OF NEW YORK
C om m ent Period
E nding Date

SECTION I
Applications Subject to N ewspaper
________Notice Only________

Chemical Bank, New York, New York, to establish a branch at
60-67 Myrtle Ave., Ridgewood, Queens County, New York. 1/

05/31/96

Chemical Bank, New York, New York, to establish an off-site
electronic facility at Gannett Suburban Newspapers, 1 Gannett Drive,
White Plains, New York. 1/

05/31/96

SECTION II
Applications Subject to Both
N ewspaper and Federal Register Notice

None.
SECTION III
N onbanking Applications
/subject to Federal Register Notice Only cont.l

None.
SECTION IV
Applications Not Involving
Public Com m ent

None.




SECTION V
Availability of CRA Public Evaluations

In connection with the assessment of each insured depository institution's
CRA performance, a rating is assigned from the following group:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated
community, including low- and moderate- income neighborhoods,
in a manner consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record
of ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate income
neighborhoods, in a manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs of its entire
delineated community, including iow- and moderate- income
neighborhoods, in a manner consistent with its resources and capabilities.
W eek Ending M ay 4. 1996
NAME O F BANK

RATING

EXAM INATION DATE

None.
1/ Subject to provisions of Community Reinvestment Act.
2/ Later of dates specified in newspaper and Federal Register notices.
3/ Date specified in newspaper notice; a later date may be specified in
the Federal Register notice.
4/ Date specified in Federal Register notice; a later date may be
specified in the newspaper notice.
N/A - Not Available



FEDERAL RESERVE BANK OF PHILADELPHIA

SECTION I - APPLICA TIO N S RECEIVED AND SU BJECT TO N EW SPAPER
N O TIC E ONLY
C oreStates B ank International. Philadelphia, PA to establish a branch in M iam i, Florida,
pursuant to Section 211.4(c) of Regulation K.
Newspaper comment period expires:

04/03/96

SECTION II - A PPLICATIONS RECEIVED AND SUBJECT TO BO TH N EW SPAPER
AND FEDERAL R EG ISTER NOTICE
NONE
SECTION m - A PPLICATIONS RECEIVED AND SU BJECT TO FEDERAL
REG ISTER NOTICE ONLY
CoreStates Financial C orn. Philadelphia, PA to issue alternate media such as concert tickets,
gift certificate and prepaid phone cards, pursuant to Section 4(c)(8) of the Bank Holding
Company Act.
Federal Register comment period expires:

N/Avail.

SECTION IV - A PPLICA TIO N S RECEIVED AND NOT SU B JEC T TO FED ERA L
R EG ISTER N O TICE O R NEW SPAPER




NONE

FEDERAL RESERVE BANK OF PHILADELPHIA

SECTIO N V - AVAILABILITY O F 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 3, 1996.
Identification of R atings
In connection with the assessment of each insured depository institution's CRA performance, a rating
is assigned from the following groups:
O utstanding 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 o f 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
^Igeds of its entire delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
'

V '-

Needs to improve record of meeting community credit needs.
An 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 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

East Penn Bank
731 Chestnut Street
Emmaus, PA 18049

11/20/95

Satisfactory




F ederal R eserv e B ank
of C leveland
P. O. BOX 6387
CLEVELAND, OHIO 44101-1387

APPLICATIONS BULLETIN
(For the week ending M ay 4, 1996)
SECTION I - A PPLICATIONS SUBJECT TO NEW SPAPER N O T IC E ONLY
Received application from Iron and Glass Bank, Pittsburgh, Pennsylvania,
on May 1, 1996, of its intent to establish a branch facility at
Washington Street, Scott Township, Pennsylvania.
SECTION

* May 30, 1996

n - A PPLICATIONS SUBJECT TO

BOTH N EW SPAPER AND FEDERAL
R EG ISTER N O TIC E

Received Section 3(a)(5) application from Security Banc Corporation,
Springfield, Ohio, on April 19, 1996, to acquire CitNat Bancorp, Inc.,
Urbana, Ohio.

* N: May 17,1996
F: May 20, 1996

Received Section 3 application from KeyCorp, Cleveland, Ohio, and
Key Bancorp of New Hampshire, Inc., Albany, New York, on
April 26, 1996, to acquire Key Bank, Bedford, New Hampshire
(a de novo institution).

* N: May 28, 1996
F: May 30, 1996

SECTION m - A PPLICATIONS SUBJECT TO FED ERA L R E G IST E R N O TIC E ONLY
Received Section 4(c)(8) application from Banc One Corporation,
F: Not Yet Known
Columbus, Ohio, KeyCorp, Cleveland, Ohio, National City Corporation,
Cleveland, Ohio, PNC Bank Corp, Pittsburgh, Pennsylvania, and CoreStates
Financial Corp, Philadelphia, Pennsylvania, on May 1, 1996, to
through Electronic Payment Services, In c., provide data processing services.
SECTION IV - A PPLICA TIO N S NOT SUBJECT TO FED ERA L R E G IST E R N O TIC E
O R NEW SPAPER N O TIC E
NONE

* - Subject to CRA
N - Newspaper Comment Period
F - Federal Register Comment Period
# - Expected to B id 30 Days from Date of Receipt



AVAILABILITY OF CRA PUBLIC EVALUATIONS
(May 3, 1996)

The following state member banks have been examined by the Federal Reserve Bank of
Cleveland for compliance with The Community Reinvestment Act. A public evaluation
document became available from the bank(s) listed below during the week ended May 3, 1996.
If you are interested in obtaining a copy o f an evaluation document, please contact the bank(s)
directly.
There are four descriptive ratings for CRA:
OUTSTANDING: a bank in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
SATISFACTORY: a bank in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
NEEDS TO IM PR O V E: a bank in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
SUBSTANTIAL NON CO M PLIA N CE: a bank in this group has a substantially
deficient record of ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
NONE




F e d e r a l R e s e r v e B a n k of R i c h m o n d
Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

Northern Neck State Bank, Warsaw, Virginia,
to establish a branch inside the Wal-Mart at
1660 Tappahannock Boulevard, Tappahannock,
Virginia.*

5-28-96

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

Comment Period Ending Date

Rowan Bancorp, Inc., China Grove, North
Carolina, to become a bank holding company
through the acquisition of 100% of the voting
shares of Rowan Savings Bank, SSB, China Grove,
North Carolina.*

5-31-96**

United Community Bankshares, Inc., Franklin,
Virginia, to become a bank holding company
through the acquisitions of The Bank of Franklin,
Franklin, Virginia, and The Bank of Sussex and
Surry, Wakefield, Virginia.*

5-31-96**

Horizon Bancorp, Inc., Beckley, West Virginia,
to acquire Twentieth Bancorp, Inc., Huntington,
West Virginia.*

6-3-96**

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

Allied Irish Banks, p.l.c., Dublin, Ireland,
and First Maryland Bancorp, Baltimore,
Maryland, to acquire H. Zirkin Investments,
Inc. and M. Culter Investments, Inc., both
of Washington, D. C.

5-22-96**

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

*Application is subject to CRA requirements.
**Expiration of comment period specified in the Federal Register.



F e d e r a l R e s e r v e B a n k o£ R i c h m o n d
Section V - Availability of CRA Public Evaluations
Week ending May 3, 1996

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

None.




Rating

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending May 3, 1996
Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Compass Bank
05-22-96*
Jacksonville, Florida
To merge with Community First Bank, Jacksonville, Florida, pursuant to Section
18(c) of the Federal Deposit Insurance Act.
Compass Bank
05-22-96*
Jacksonville, Florida
To acquire certain assets and assume certain liabilities of Community First Bank,
Jacksonville, 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.
Independent Bancshares, Inc.
05-13-96*
Powder Springs, Georgia
Notice for 1-BHC formation, Independent Bank & Trust Company, Powder Springs,
Georgia.
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

ABC Bancorp, Inc.
Not yet available*
Moultrie, Georgia
To merge with Central Bankshares, Inc., Cordele, Georgia, and thereby directly
acquire Central Bank & Trust, Cordele, Georgia, pursuant to Section 3(a)(5) of
the Bank Holding Company A c t .
Magnolia Midlands Bankshares, Inc.
Eastman, Georgia
1-BHC formation, Bank of Eastman, Eastman, Georgia.

05-31-96*
Newspaper

Brookwood Group, L.P.
05-31-96*
Columbia, Tennessee
Federal Register
1-BHC formation, The Middle Tennessee Bank, Columbia, Tennessee.
Section 3 - Applications Subject to Federal Register Only
Application

Comment Period Ending Date

Barnett Banks, Inc.
05-22-96
Jacksonville, Florida
Through its wholly-owned subsidiary, Barnett Community Development Corporation,
Jacksonville, Florida, to engage de novo in community development activities,
pursuant to Section 225.25 (b) (6) of Regulation Y and 4(c) (8) 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 3. 1996
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Hibernia Corporation
New Orleans, Louisiana
Request for waiver of the application requirement of Section 3(a) (3) of the Bank
Holding Company Act to acquire St. Bernard Bank & Trust Company, Arabi,
Louisiana.
Hibernia Corporation
New Orleans, Louisiana
Request for waiver of the application requirement of Section 3(a) (5) of the Bank
Holding Company Act to merge with CM Bank Holding Company, Lake Charles,
Louisiana, and thereby directly acquire The Calcasieu Marine National Bank of
Lake Charles, Lake Charles, Louisiana.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending Mav 3, 1996
Section 10 - Availability of CRA Public Evaluations
The CRA public evaluations of the insured depository institutions listed below
became available during this week.
Information about an institution's CRA
evaluation may be obtained directly from the institution. In connection with the
assessment of an institution's CRA performance, a rating is assigned from the
following groups:
Outstanding record of meeting community credit needs:
An institution has an
outstanding record of, and is a leader in, ascertaining and helping to meet the
credit needs of its entire delineated community, including low- and moderateincome 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
Date

Bank

CRA Rating

First Central Bank
Post Office Box 41250
St. Petersburg, Florida
(813)347-0197

Satisfactory

01-08-96

Satisfactory

01-08-96

33743

Bank of S t . Petersburg
777 Pasadena Avenue South
St. Petersburg, Florida 33707
(813)347-3132




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending Mav 3, 1996
Recently Approved Applications

Approval Date

First Commerce Banks of Florida, Inc.
05-03-96
Winter Haven, Florida
To acquire First Mercantile National Bank, Longwood, Florida, pursuant to Section
3(a)(3) of the Bank Holding Company Act.
Monticello Bancshares, Inc.
Monticello, Georgia
1-BHC formation, Bank of Monticello, Monticello, Georgia.

05-02-96

Synovus Financial Corp.
04-29-96
Columbus, Georgia
Along with its parent company, TB&C Bancshares, Inc., Columbus, Georgia, and its
80.8 percent indirectly owned subsidiary, Total Systems Services, Inc., to
acquire 50 percent of Vital Processing Services, L.L.C., (location not yet
determined) , in a joint venture, and thereby directly engage de novo in merchant
data processing activities, pursuant to Section 4(c)(8) of the Bank Holding
Company Act and Section 225.25 (b)(7) of Regulation Y.
Visa U.S.A., San
Francisco, California, will be the co-venturer with the remaining 50 percent
ownership.
Community Bank of Mississippi
05-01-96
Forest, Mississippi
To invest in a bank service corporation for the provision of credit insurance
underwriting services, pursuant to Section 5(b) of the Bank Service Corporation
Act.
Independent Bancshares Corporation
Gallatin, Tennessee
To acquire Rutherford Bank and Trust, Murfreesboro,
Section 3(a)(3) of the Bank Holding Company Act.




05-02-96
Tennessee,

pursuant

to

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

Jim

Application

Branch

Midwest Guaranty Bank
Troy, Michigan
4140 W. Maple Road
Bloomfield Township, Michigan

NP - 4-29-96

Merger/Branch

Baylake Bank
Sturgeon Bay, Wisconsin
to acquire the assets and liabilities of The Bank,
Manawa, Wisconsin, & establish a branch at
431 S. Bridge Street, Manawa, Wisconsin
and at King, Wisconsin

jsjp _ **

Branch

G.W. Jones Exchange Bank
Marcellus, Michigan
16634 Enterprise Drive
Three Rivers, Michigan

NP - 5-6-96

Branch

Evergreen State Bank
Poy Sippi, Wisconsin
764 Greentree Mall, Broadway
Berlin, Wisconsin

NP - 4-29-96

Merger/Branch

Harris Trust and Savings Bank
Chicago, Ilinois
to acquire certain assets & liabilities of Household
Bank, F.S.B., Prospect Heights, Illinois, & thereby
to establish 64 branches

NP

Y-l Notice

First Northwest Bancorp, Inc.
Arlington Heights, Illinois
First Northwest Bank
Arlington Heights, Illinois

NP - 5-1-96

NP - Newspaper
FR - Federal Register
* - Subject to Provisions of Community Reinvestment Act
** - Not available at this time




5-23-96

Federal Reserve Bank of Chicago

Section I - Applications Subject to Newspaper
Notice Only con'td
Comment Period
Ending Date

Type.

Application

Branch

First Farmers Bank & Trust Company
Converse, Indiana
410 Flint Way Drive
Kokomo, Indiana

NP - 5-26-96

Branch

NBD Bank
Detroit, Michigan
24800 Hoover
Warren, Michigan

NP - 5-3-96

EFT

Harris Trust and Savings Bank
Chicago, Illinois
4709-11 West G olf Road
Skokie, Illinois

NP - 5-31-96

Branch

DeMotte State Bank
DeMotte, Indiana
507 South Main Street
Hebron, Indiana

NP - 5-23-96

Y -l-N otice

Arbor Bancorp, Inc.
Ann Arbor, Michigan
Bank of Ann Arbor

NP - 5-16-96




1

Federal Reserve Bank of Chicago

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

Jm .

Application

Y-2

Associated Banc-Corp*.
Green Bay, Wisconsin
Mid-America National Bancorp, Inc.
Chicago, Illinois
Mid-America National Bank of Chicago
Chicago, Illinois

FR - 5-2-96
NP - 5-1-96

Y-2

Associated Illinois Banc Corp.*
Green Bay, Wisconsin
Mid-America National Bancorp, Inc.
Chicago, Illinois
Mid-America National Bank o f Chicago
Chicago, Illinois

FR - 5-2-96
NP - 5-1-96

Y-2

Carroll County Bancshares, Inc.*
Carroll, Iowa
Nevada Community Bancshares, Inc.
Nevada, Iowa
Community Bank (in organization)
Nevada, Iowa

PR . **

Y-l

Nevada Community Bancshares, Inc.*
Nevada, Iowa
Community Bank (in organization)
Nevada, Iowa

FR - **
NP - 5-25-96

Y-2

F & M Bancorporation, Inc.*
Kaukauna, Wisconsin
Community State Bank
Algoma, Wisconsin

FR - 5-7-96
NP - 5-6-96

Y-2

Van Diest Investment Company*
Ankeny, Iowa
East Des Moines National Bank
Des Moines, Iowa

FR - 5-17-96
NP - 5-6-96




NP - 5-25-96

Federal Reserve Bank of Chicago

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

Type.

Application

COC-HC

A .M . Saylor, Incorporated
Hampton, Iowa
by Roger Doughan

FR - 4-26-96
NP - **

COC-HC

Northern Bancshares, Inc.
McFarland, Wisconsin
by Patricia N. Locke

FR - 5-1-96
NP - 4-22-96

Y -l

Wildcat, Inc.*
Cedar Rapids, Iowa
Hartford-Carlisle Savings Bank
Carlisle, Iowa

FR - 4-26-96
NP - 4-29-96

Y -l

Central Wisconsin Bancorporation, Inc.*
Colby, Wisconsin
Owen-Curtiss State Bank
Owen, Wisconsin

FR - 5-17-96
NP - 5-3-96

Y-2

UnionBancorp, Inc.*
Streator, Illinois
Country Bancshares, Inc.
Macomb, Illinois
Omni Bank
Macomb, Illinois
Prairie Bancorp, Inc.
Princeton, Illinois
Farmers State Bank of Ferris
Ferris, Illinois
Hanover State Bank
Hanover, Illinois
Bank of Ladd
Ladd, Illinois
First National Bank of Manlius
Manlius, Illinois
Tampico National Bank
Tampico, Illinois
Tiskilwa State Bank
Tiskilwa, Illinois

PR . **




NP - **

Federal Reserve Bank of Chicago

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

Type

Application

Y-2

Northland Insurance Agency, Inc.*
Chicago, Illinois
Grand Premier Financial, Inc.
Wauconda, Illinois
Northern Illinois Financial Corporation
Wauconda, Illinois
Grand National Bank
Wauconda, Illinois
Premier Financial Services, Inc.
Freeport, Illinois
First Bank North
Freeport, Illinois
First Bank South
Dixon, Illinois
Premier Acquisition Company
Freeport, Illinois
First National Bank of Northbrook
Northbrook, Illinois
First Security Bank of Cary-Grove
Cary, Illinois

FR - 5-6-96
NP - 4-29-96

Y-2

Keeco, Inc.*
Chicago, Illinois
Grand Premier Financial, Inc.
Wauconda, Illinois
Northern Illinois Financial Corporation
Wauconda, Illinois
Grand National Bank
Wauconda, Illinois
Premier Financial Services, Inc.
Freeport, Illinois
First Bank North
Freeport, Illinois
First Bank South
Dixon, Illinois
Premier Acquisition Company
Freeport, Illinois
First National Bank of Northbrook
Northbrook, Illinois
First Security Bank of Cary-Grove
Cary, Illinois

FR 5-6-96
NP - 4-29-96




Federal Reserve Bank of Chicago

Section II - Applications Subject to Both Newspaper
Register Notice Cont’d

Federal

Comment Period
Ending Date

Type

Application

Y-2

Thomson Investment Company, Inc.*
Savanna, Illinois
Savanna Bancorp, Inc.
Savanna, Illinois
Savanna State Bank
Savanna, Illinois
Gateway State Bank
Clinton, Iowa

FR - 5-12-96

Y-2

Horizon Bancorp Employee Stock Ownership*
Michigan City, Indiana
Horizon Bancorp
Michigan City, Indiana
First Citizens Bank, N.A.
Michigan City, Indiana

FR - 5-17-96
NP - **

Y-l

Grand Premier Financial, Inc.*
Wauconda, Illinois
Northern Illinois Financial Corporation
Wauconda, Illinois
Grand National Bank
Wauconda, Illinois
Premier Financial Services, Inc.
Freeport, Illinois
First Bank North
Freeport, Illinois
First Bank South
Dixon, Illinois
Premier Acquisition Company
Freeport, Illinois
First National Bank of Northbrook
Northbrook, Illinois
First Security Bank of Cary-Grove
Cary, Illinois

FR - 5-6-96
NP - 4-29-96




jqp . **

Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice Cont’d

l¥ i> e

Application

Comment Period
Ending Date

Y-2

First Merchants Corporation*
Muncie, Indiana
Union National Bancorp
Union County National Bank of Liberty
Liberty, Indiana

FR - 5-12-96
NP - 5-5-96

Y-2

Hills Bancorporation*
Hills, Iowa
Trimpe’s Inc.
Lisbon, Iowa
Alliance Bancorporation
Lisbon, Iowa
Lisbon Bank and Trust Company
Lisbon, Iowa

FR - 5-10-96
NP - 5-5-96

Y-2

Goodenow Bancorporation, Inc.*
Okoboji, Iowa
Jackson Bancorporation, Inc.
Fairmont, Wisconsin
Bank Midwest, Minnesota, Iowa, N.A.
Fairmont, Minnesota

FR - 5-23-96
NP . **

Y-2

ABN AMRO Bank N.V.*
Amsterdam, The Netherlands
Comerica Bank Illinois
Franklin Park, Illinois

FR
NP

Y-2

ABN AMRO Holding N.V.*
Amsterdam, The Netherlands
Comerica Bank Illinois
Franklin Park, Illinois




5-23-96
**

FR - 5-23-96

jsjp _ **

Federal Reserve Bank of Chicago

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

Type

Application

Y-2

ABN AMRO North America, Inc.*
Chicago, Illinois
Comerica Bank - Illinois
Franklin Park, Illinois

FR - 5-23-96
NP - **

Y-2

Stichting Administratiekantoor ABN AMRO Holding*
Amsterdam, The Netherlands
Comerica Bank, Illinois
Franklin Park, Illinois

FR - 5-23-96

Y-2

Stichting Prioriteit ABN AMRO Holding*
Amsterdam, The Netherlands
Comerica Bank - Illinois
Franklin Park, Illinois

FR - 5-23-96
Np - **

Y-2

Vogel Bancshares, Inc.*
Orange City, Iowa
Ireton Bancorp
Ireton, Iowa
Security Savings Bank

FR - 5-25-96
jsjp . sc*




JSJP - **

Federal Reserve Bank o f Chicago

Section III - Applications Subject to Federal Register
Notice Only

Comment Period
Ending Date

Type

Application

4(c)(8)

Grand Premier Financial, Inc.
Wauconda, Illinois
Premier Insurance Services, Inc.
Warren, Illinois

FR - 5-6-96

4(c)(8)

Mahaska Investment Company
Oskaloosa, Iowa
to purchase certain assets of Boatmen’s Bank of Iowa, N.A.
and assume certain liabilities of the Sigourney Iowa Office
Des Moines, Iowa

FR - 4-26-96
NP - 5-3-96

4(c)(8)

Boscobel Bancorp, Inc.
Boscobel, Wisconsin
to engage in making and servicing loans

FR - 5-14-96

4(c)(8)

Hartwick Bancshares, Inc.
Hartwick, Iowa
to engage in making and servicing loans

FR - 5-2-96

4(c)(8)

Horizon Bancorp
Michigan City, Indiana
to engage in making and servicing loans

FR - 5-17-96

4(c)(8)

VCR Bancorporation, Ltd.
Carlisle, Illinois
to engage in making loans or other extensions of credit

FR. —

4(c)(8)

Anita Bancorporation
Newton, Iowa
engage in making & servicing loans

FR - 5-16-96




Federal Reserve Bank of Chicago
Section IV - Applications Not Subject to Federal Register or Newspaper Notice

Type

Application

ROS

Northern Bankshares, Inc.
McFarland, Wisconsin
McFarland State Bank
McFarland, Wisconsin
to redeem 356 shares of stock




Federal Reserve Bank of Chicago
Section V - Availability of CRA Public Evaluations

The following state member banks have been examined by the Federal Reserve Bank of Chicago for compliance
with the CRA. The 30-business day period the bank has to make the evaluation public has lapsed during the
week ending May 03, 1996. If you are interested in obtaining a copy of the evaluation document, please contact
the bank(s) directly.
Identification of Ratines
0 -

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

S-

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

NI -

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

SN -

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

BANK NAME/LOCATION
The State Bank of Coloma
209 North Paw Paw Street
P.O. Box 459
Coloma, Michigan 49038-0459




EXAMINATION DATE
1-16-96

RATINGS
S

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING MAY 3 ,1 9 9 6
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End of Comment Period

None.
SECTION H - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Application

End of Comment Period

* Section 3(a)(1) application by F. Gilbert Bickel, III,
L .C ., St. Louis, Missouri, to acquire St. Johns
Bancshares, Inc., St. Louis, Missouri.

Newspaper: 5-27-96

Change in control notification involving St. Johns
Bancshares, Inc., St. Louis, Missouri, by F. Gilbert
Bickel, III, and Martha W. Bickel.

Newspaper: 5-17-96

APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE

Application

End of Comment Period

None.

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE

Application
None.*

* This application/notification 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 meeting community credit needs
An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet
the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Satisfactory record o f meeting community credit needs
An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs o f its
entire delineated community, including low- and moderate- income neighborhoods, in a manner consistent with
its resources and capabilities.
Needs to improve record o f meeting community credit needs
An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs
An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and moderate-income neighborhoods; in a manner
consistent with its resources and capabilities.

FOR THE WEEK ENDING May 3, 1996

Name of Bank

Commerce-Warren County
Bank




Bank Address

Warrenton, Missouri

Examination
Date

Examination
Rating

11/20/95

Outstanding

F E D E R A L R E S E R V E B A N K O F M IN N E A P O L IS
Section I - Applications Subject to
Newspaper Notice Only
Comment Period
Ending Date

Application
NONE
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section II - Applications Subject to Both
Newspaper and Federal Register Notice

Comment Period
Ending Date

Application
Inter-Mountain Bancorp, Inc., Bozeman, Montana,
for prior approval to acquire 100% of the voting
shares of the First Security Bank of Belgrade,
Belgrade, Montana, a de novo bank.*

May 28, 1996
(Federal Register)

*Subject to CRA
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section III - Applications Subject
to Federal Register Notice Only
Comment Period
Ending Date

Application
NONE

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Wabeno Bancorporation, Venice, Florida,
to redeem 131 shares (6.6%) of its Class A
voting common stock and 1,044.14 shares
(35.7%) of its nonvoting common stock.
Grant County Bancorporation, Carson,
North Dakota, to redeem 1,085 shares (55.1%)
of its common voting stock.




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending May 3, 1996
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.
BANKfSI EXAMINED

DATE OF EXAMINATION

CRA RATING

Farmers State Bank
103 Main Street, P.O. Box 190
Victor, Montana 59875-0190
(406)642-3438

01/22/96

Outstanding

1st United Bank of Sidney
120 Second Street, N.W.
Sidney, Montana 59270
(406)482-3212

01/08/96

Outstanding




Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER N O TICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

The Peoples Bank, Pratt, Kansas, for prior approval to
establish a branch facility at 1107 N. Kansas Street,
Liberal, Kansas.

Not Available

The Eaton Bank, Eaton, Colorado, for prior approval
to increase their investments in premises by
$1,400,000.

Not Available

SECTION II - APPLIC ATIONS SUBJECT TO BOTH
NEW SPAPER AND FEDERAL REGISTER N O TICE
APPLICATION

COMMENT PERIOD ENDING DATE

Milton Pearce Blake and Jack L. & Adrienne
Grimmett, of Pauls Valley, Oklahoma; William E. &
Gay W. Humphrey, of Oklahoma City, Oklahoma;
and Richard Keith Mansfield, Marlow, Oklahoma, all
to acquire an additional 5.01 percent each for a total of
25 percent each, of the voting shares of Leader First
Bancorp, Inc., Marlow, Oklahoma.

May 16, 1996

C. Gage and Mary C. Overall, both of Caldwell,
Kansas, to acquire an additional 31.9 percent, for a
total of 43.4 percent of the voting shares of Stock
Exchange Financial Corporation, Caldwell, Kansas.

May 16, 1996

Sooner Southwest Bankshares, Inc., Bristow,
Oklahoma, for prior approval to become a bank
holding company through the acquisition of 100
percent of the voting shares of Sooner Southwest
Bancshares, Inc., Bristow, Oklahoma.*

May 28, 1996

Lindoe, Inc., Ordway, Colorado, for prior approval to
acquire 10 percent of the voting shares of Pueblo
Bancorporation, Inc., Pueblo, Colorado.*

May 30, 1996




Federal Reserve Bank of Kansas City

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

Sooner Southwest Bankshares, Inc., Bristow,
Oklahoma, for prior approval to acquire Southwest
Consolidated Life Insurance Company, Bristow,
Oklahoma, and thereby engage in acquiring an
insurance company subsidiary that engages in creditrelated insurance activities.

May 28, 1996

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER N O TICE
OR NEWSPAPER NOTICE
APPLICATION
Welch Bancshares, Inc., Welch, Oklahoma, for prior
approval to redeem 7.62 percent of their common
stock.
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:
O utstanding record of meeting community credit needs
An institution in this group has an outstanding record of ascertaining and helping to meet
the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs
An institution in this group has a satisfactory record of ascertaining and helping to meet
the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Needs to im prove record of meeting community credit needs
An institution in this group needs to improve its overall record of ascertaining and helping
to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities.




Federal Reserve Bank of Kansas City

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

Bank/Location
None.*

*Application is subject to CRA.




Exam Date

CRA Public
Date

CRA
Rating

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF APRIL 29, 1996
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

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

** NOTICE EXP

♦Section 3(a)(5) application by
Southeast Texas Bancshares, Inc., Beaumont, TX, to acquire
Port Neches Bancshares, Inc., Port Neches, TX, and First
National Bank, Port Neches, TX
(Previously reported during the week of 4-1-96)

96/04/28

Change in Control Notice by
Frederick D. Thompson, individually, and as Trustee
for 6 family trusts, to acquire an interest in Central
Bancorporation, Inc., Fort Worth, TX
(Previously reported during the week of 4-1-96)

96/05/11

♦Section 3(a)(3) application by
Texas Financial Bancorporation, Inc., Minneapolis, MN,
to acquire Community Bank of Arizona, Wickenburg, AZ, and
Riverside National Bank, Grand Prairie, TX
(Previously reported during the week of 4-22-96)

96/05/24

♦Section 3(a)(3) application by
First Bancorp, Inc., Denton, TX, to acquire Riverside
National Bank, Grand Prairie, TX
(Previously reported during the week of 4-22-96)

96/05/24

♦Section 3(a)(3) application by
First Delaware Bancorp, Inc., Dover, DE, to acquire
Riverside National Bank, Grand Prairie, TX
(Previously reported during the week of 4-22-96)

96/05/24




♦Section 3(a)(1) application by
State National Bancshares, Inc., Lubbock, TX, to
acquire State National Bancshares of Delaware, Dover,
DE, and State National Bank of West Texas, Lubbock, TX

N/A

♦Section 3(a)(1) application by
State National Bancshares of Delaware, Dover, DE, to
acquire State National Bank of West Texas, Lubbock, TX

N/A

♦Section 3(a)(1) formation notice by
Perryton Bancshares, Inc., Perryton, TX, to acquire
Perryton National Bank, Perryton, TX

N/A

♦Section 3(a)(1) application by
First La Grange Bancshares, Inc., La Grange, TX, to
acquire LGF Bancshares, Inc., Dover, DE, and The First
National Bank of La Grange, La Grange, TX

N/A

♦Section 3(a)(1) application by
LGF Bancshares, Inc., Dover, DE, to acquire
The First National Bank of La Grange, La Grange, TX

N/A

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
NOTICE ONLY
APPLICATION

NOTICE EXP

Section 4(c)(8) de novo notification by
Outsource Capital Group, Inc., Lubbock, TX,
to engage in mortgage lending activities through
Rail Mortgage Corporation, Lubbock,TX

96/05/22

Section 4(c)(8) de novo notification by
Outsource Delaware Capital Group, Inc., Dover, DE,
to engage in mortgage lending activities through
Rail Mortgage Corporation, Lubbock,TX

96/05/22

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 APRIL 29. 1996

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

Bank
None.




Date of
Examination

CRA Rating

FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 5/03/96
Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Bank of Utah, Ogden, Utah, to establish a branch
ofice at 3342 West 4800 South, Roy, Utah. *

Newspaper:

5/25/96

Section II - Applications Sub.iect to Both
Newspaper and Federal Register Notice
Columbia Bancorp, The Dalles, Oregon, to acquire
100 percent of Klickitat Valley Bank, Goldendale,
Washington. *

Newspaper:

Not available

Fed. Reg.:

5/23/96

Columbia Bancorp, The Dalles, Oregon, to acquire
an option to purcahse 9.9 percent of Klickitat
Valley Bank, Goldendale, Washington. *

Newspaper:

Not available

Fed. Reg.:

5/23/96

Refiled: California Community LLC, Los Angeles,
California, to become a bank holding company by
acquiring up to 83.3 percent of First Coastal
Bank, N.A., El Segundo, California. *

Newspaper:

4/22/96

Fed. Reg,:

5/30/96

First Savings Bank of Washington Bancorp, Inc.,
Walla Walla, Washington, to acquire Inland
Empire Bank, Hermiston, Oregon. *

Newspaper:

5/25/96

Fed. Reg.:

6/03/96

InterWest Bancorp, Inc., Oak Harbor, Washington,
to merge with Central Bancorporation, Wenatchee,
Washington. *

Newspaper:

Not available

Fed. Reg.:

Not available

Newspaper:

Not available

Fed. Reg.:

Not available

InterWest Bancorp, Inc., Oak Harbor, Washington,
to acquire 19.9 percent of Central Bancorporation,
Wenatchee, Washington. *

Section III -Applications Subject to Federal Register Only
BankAmerica Corporation, San Francisco,
California, to establish BankAmerica Community
Development Corporation, San Francisco,
California.

* Subject to CRA.




Fed. Reo.:

Not available

FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 5/03/96
Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice (Cont’d.)
None

Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during this
week.
Information about a particular institution’s CRA evaluation may be obtained
directly from the institution.
Institution

Location

Examination Date

Rating*

None

*'Jnder the rating system an institution’s CRA performance is assigned one of the
following four ratings:

Outstanding record of meeting community credit needs:
An institution has an
outstanding record of, and is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs:

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

Needs

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

Substantial Noncompliance in meeting community credit needs:

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

The above listing has been prepared as a courtesy by the Federal Reserve Bank of San
Francisco, and is not intended to replace formal notices required by statute or
regulation; the Reserve Bank assumes no responsibility for errors or omissions.