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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1993, NO. 19 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending May 8, 1993 ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK HOLDING COMPANIES NationsBank Corporation, Charlotte, North Carolina -determination that NationsBank would not control Commonwealth National Bank, Mobile, Alabama, after purchase of its nonvoting securities. Granted, May 5, 1993. Northern Trust Corporation, Chicago, Illinois --to engage in futures commission merchant activities, clearance, and advisory services with respect to certain financial futures and options on futures contracts through Northern Futures Corporation. Approved, May 5, 1993. BOARD OPERATIONS Martin Building -- renovations to the podium level. Approved, May 5, 1993. ENFORCEMENT Bank South Corporation, Atlanta, Georgia -- written agreement dated April 3, 1992, terminated April 28, 1993. Announced, May 7, 1993. Farmers and Merchants Bank of Long Beach, Long Beach, California -- issuance of a consent order against Kenneth G. Walker and Charles W. Hagan, Jr., institutional-affiliated parties. Announced, May 3, 1993. Freedom Valley Bank, West Chester, Pennsylvania -order of assessment of a civil money penalty against Frank P. LeMaster, a director. Announced, May 7, 1993. Purdy Bancshares, Inc., Monett, Missouri, and Glen Garrett -- issuance of cease and desist order. Announced, May 7, 1993. Smyrna Bank & Trust Co, Smyrna, Georgia -- written agreement dated December 18, 1990, terminated April 5, 1993. Announced, May 7, 1993. H .2 MAY 3, 1993 PAGE 2 TO MAY 8, 1993 ACTIONS TAKEN BY THE BOARD OF GOVERNORS ENFORCEMENT West Coast Bank, Sarasota, Florida -- written agreement dated December 19, 1991, terminated April 5, 1993. Announced, May 7, 1993. INTERNATIONAL OPERATIONS J.P. Morgan & Co., Incorporated, New York, New York - to invest in Banco Espanol de Credito, S.A., Madrid, Spain, through Corsair Partnership, L.P. Permitted, May 5, 1993. RESERVE BANK OPERATIONS Federal Reserve Bank of Minneapolis -- appointment of Colleen K. Strand as First Vice President. Approved, May 4, 1993. ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve Bank Operations; IF - International Finance; OSDM - Office of Staff Director for Management BANK BRANCHES. DOMESTIC Richmond Centura Bank, Rocky Mount, North Carolina --to establish an electronic funds transfer facility at Cape Fear Memorial Hospital, 5301 Wrightsville Avenue, Wilmington, North Carolina. Approved, May 6, 1993. Richmond Centura Bank, Rocky Mount, North Carolina --to establish an electronic funds transfer facility at Walnut Creek Amphitheatre, 3801 Rock Quarry Road, Raleigh, North Carolina. Approved, May 7, 1993. H .2 MAY 3, 1993 PAGE 3 TO MAY 8, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK BRANCHES, DOMESTIC New York Chemung Canal Trust Company, Elmira, New York -- to establish an off-site electronic facility at Elmira College Campus Center, Park Place. Approved, May 4, 1993. Richmond Commerce Bank of Virginia, Richmond, Virginia -- to establish a branch at 2958 River Road West, Goochland Courthouse, Virginia. Approved, May 7, 1993. Chicago First of America Bank - Central, Lansing, Michigan -to establish an offsite electronic facility at Five Oaks Party Store, 2546 East Jolly Road. Returned, May 7, 1993. Richmond Highlands Union Bank, Abingdon, Virginia --to establish a branch near Exit 19 of Interstate 81. Approved, May 3, 1993. Atlanta SouthTrust Bank of West Florida, St. Petersburg, Florida -- to establish a branch at 1010 American Eagle Boulevard, Sun City Center, Florida. Approved, May 7, 1993. Atlanta Trust Company Bank, Atlanta, Georgia -- to establish a branch at 6565 Eastside Drive, Alpharetta, Georgia. Approved, May 6, 1993. Atlanta Trust Company Bank, Atlanta, Georgia -- to establish an off-site automated teller machine at 930 Main Street, Stone Mountain, Georgia. Approved, May 6, 1993. BANK HOLDING COMPANIES New York Amboy-Madison National Bank Employee Stock Ownership Plan --to regularize the ESOP’s impermissible current ownership of the voting shares of Amboy Corporation, Old Bridge, New Jersey, and to acquire shares of Amboy Corporation. Returned, May 7, 1993. H.2 MAY 3, 1993 PAGE 9 TO MAY 8, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES New York Bankers Trust New York Corporation, New York, New York, Chemical Banking Corporation; Citicorp; and J.P. Morgan & Co. Incorporated --to engage in data processing services through Government Pricing Information System, Inc. Approved, May 4, 1993. Atlanta Central Bankshares, Inc., Cordele, Georgia -- to acquire Central Bank and Trust. Approved, May 7, 1993. Secretary Chase Manhattan Corporation, New York, New York -- to acquire one share of common stock of Government Pricing Information System, Inc., a Delaware corporation engaged in the activity of gathering pricing information for government securities. Approved, May 5, 1993. Chicago Comerica Incorporated, Detroit, Michigan -- to engage de novo in equity investment in a low income housing project through University Club Limited Dividend Housing Association Limited Partnership, Detroit, Michigan. Returned, May 4, 1993. Chicago Edgemark Financial Corporation, Chicago, Illinois -to engage de novo in providing securities brokerage services and investment advisory services through Edgemark Financial Services, Inc., Countryside, Illinois. Returned, May 7, 1993. Atlanta First Capital Bancorp, Inc., Norcross, Georgia -- to acquire Central Gwinett Bank. Approved, May 6, 1993. Chicago First Chicago Corporation, Chicago, Illinois --to acquire one share of Government Pricing Information System, Inc., New York, New York. Approved, May 4, 1993. H.2 MAY 3, 1993 PAGE 5 TO MAY 8, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Minneapolis First Interstate BancSystem of Montana, Inc., Billings, Montana --to acquire Commerce BancShares of Wyoming, Inc., Sheridan, Wyoming. Approved, May 3, 1993. Chicago First Mutual Bancorp, M.H.C., Decatur, Illinois --to acquire First Mutual Bank, S.B. Returned, May 3, 1993. Chicago First Mutual Bancorp, M.H.C., Decatur, Illinois -- to acquire First Mutual Bank, S.B. Returned, May 3, 1993. Atlanta First National Financial Corporation, Vicksburg, Mississippi -- to engage de novo in community development activities through establishment of Deville 1991 Limited Partnership, Vicksburg, Mississippi. Permitted, May 8, 1993. St. Louis First National Security Company, DeQueen, Arkansas -to engage de novo in making commercial loans. Permitted, May 8, 1993. Chicago Hampton Banco, Inc., Hampton, Iowa -- to be released from certain commitments. Returned, May 3, 1993. Atlanta HNB Holding Company, Inc., Headland, Alabama --to acquire Headland National Bank. Approved, May 4, 1993. New York Industrial Bank of Japan, Ltd., Tokyo, Japan -- to engage de novo in investment advisory activities; and furnishing general economic statistical forecasting services and industry studies through IBJ Capital Management USA Ltd., New York, New York. Permitted, May 3, 1993. H.2 MAY 3, 1993 PAGE 6 TO MAY 8, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES New York Internationale Nederlanden Group N.V., Amsterdam, The Netherlands -- to engage de novo in securities brokerage and in providing financial advisory services through Internationale Nederlanden Securities Corporation, New York, New York. Returned, May 6, 1993. Chicago Iowa National Bankshares Corp., Waterloo, Iowa -- to acquire MidAmerica Financial Corporation. Returned, May 5, 1993. GC Jones Company, Ltd., Dallas, Texas -- determination that the transfer of stock of Albany Bancshares, Inc., Albany, Texas, to Jones Holding Company, Ltd. constitutes divestiture. Granted, May 6, 1993. Boston KSB Bancorp, Inc., Kingfield, Maine -- to acquire Kingfield Savings Bank. Approved, May 7, 1993. Chicago Lenawee Bancorp, Inc., Adrian, Michigan -- to acquire Bank of Lenawee. Approved, May 7, 1993. Chicago Montfort Bancorporation, Inc., Platteville, Wisconsin, and Clare Bancorporation, Inc., Platteville, Wisconsin -- to engage de novo in lending activities. Returned, May 4, 1993. Kansas City Northwest Sooner Bancshares, Inc., Okarche, Oklahoma -- to acquire Community National Bank of Okarche. Approved, May 5, 1993. Dallas Overton Delaware Corporation, Dover, Delaware --to acquire Longview Bank & Trust Company, Longview, Texas. Approved, May 7, 1993. Chicago Pyramid Bancorp, Inc. Grafton, Wisconsin -- Thomas Noel Holton as a director. Approved, May 5, 1993. H.2 MAY 3, 1993 PAGE 7 TO MAY 8, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES St. Louis Rogers Bancshares, Inc., Little Rock, Arkansas -- to acquire Metropolitan National Bancshares, Inc. Approved, May 7, 1993. Richmond Southern BancShares CN.C), Inc., Mount Olive, North Carolina -- to merge Citizens Savings Bank, Inc., Rocky Mount, North Carolina, with Southern Bank and Trust Company, Mount Olive, North Carolina. Approved, May 3, 1993. Secretary SunTrust Banks, Inc., Atlanta, Georgia, and Sun Banks, Inc., Orlando, Florida -- proposal that Sun Bank, N.A., Orlando, Florida, acquire certain assets and assume certain liabilities of two branches of First Federal Savings and Loan Association of Osceola County, Kissimmee, Florida. Approved, May 7, 1993. Atlanta Trustmark Corporation, Jackson, Mississippi -- to acquire shares of UniSouth Banking Corporation, Columbus, Mississippi. Approved, May 6, 1993. BANK MERGERS San Francisco California Center Bank, Los Angeles, California -- to merge with Wilshire Center Bank, N.A. Approved, May 7, 1993. BANK PREMISES Richmond Bank of Tazewell County, Tazewell, Virginia -investment in bank premises. Approved, May 7, 1993. Kansas City Pitkin County Bank & Trust Company, Aspen, Colorado - investment in bank premises. Approved, May 5, 1993. St. Louis River Valley Bank and Trust, Lavaca, Arkansas -investment in bank premises. Approved, May 6, 1993. H .2 MAY 3, 1993 PAGE 8 TO MAY 8, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CAPITAL STOCK Chicago First Lena Corporation, Lena, Illinois -- redemption of shares. Approved, May 4, 1993. Chicago Maxwell Bancorporation, Maxwell, Iowa -- redemption of shares. Approved, May 7, 1993. Minneapolis United Bankers’ Bank, Bloomington, Minnesota -payment of a dividend. Approved, May 6, 1993. CHANGE IN BANK CONTROL New York Amboy Bancorporation, Old Bridge, New Jersey -change in bank control. Permitted, May 7, 1993. Kansas City B Bank, Inc., Downs, Kansas -- change in bank control. Permitted, May 4, 1993. Atlanta First National Bankshares, Inc., Houma, Louisiana -change in bank control. Permitted, May 6, 1993. Minneapolis NoDak Bancorporation, Bismarck, North Dakota -change in bank control. Permitted, May 4, 1993. Dallas Red River Bancorp, Inc., Gainesville, Texas -- change in bank control. Permitted, May 4, 1993. COMPETITIVE FACTORS REPORTS San Francisco Bay View Federal Bank, A Federal Savings Bank, San Mateo, California, proposed acquisition of deposit liabilities and related assets of Citibank, Federal Savings Bank, San Francisco, California -- report on competitive factors. Submitted, May 6, 1993. H .2 MAY 3, 1993 PAGE 9 TO MAY 8, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Atlanta Citizens Bank of Lafayette, Lafayette, Tennessee, proposed acquisition of the assets and assumption of the deposit liabilities of two Carthage, Tennessee, branches of Third National Bank in Nashville, Nashville, Tennessee -- report on competitive factors. Submitted, May 6, 1993. Dallas Columbus State Bank, Columbus, Texas, proposed merger with Interim Columbus State Bank -- report on competitive factors. Submitted, May 3, 1993. Dallas Comerica Bank-Texas, Dallas, Texas, proposed merger with NorthPark National Bank -- report on competitive factors. Submitted, May 5, 1993. Philadelphia Commerce Bank, N.A., Cherry Hill, New Jersey, proposed acquisition of four New Jersey branches of Anchor Savings Bank, FSB, Hewlett, New York -report on competitive factors. Submitted, May 3, 1993. New York First Fidelity Bank, National Association, New York, Riverdale, New York -- proposed merger with Village Bank, Port Chester, New York -- report on competitive factors. Submitted, May 6, 1993. Chicago First National Bank of Chicago, Chicago, Illinois, proposed purchase and assumption of certain of the assets and liabilities of Heritage Glenwood Bank, Glenwood, Illinois -- report on competitive factors. Submitted, May 3, 1993. Dallas First State Bank, Pittsburg, Texas, proposed merger with New First State Bank -- report on competitive factors. Submitted, May 6, 1993. H .2 MAY 3, 1993 PAGE 10 TO MAY 8, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Chicago Liberty Savings Bank, FSB, Johnston, Iowa, proposed purchase of certain assets and assumption of the deposits of the Webster City, Iowa, branch of Midland Savings Bank, FSB, Des Moines, Iowa -report on competitive factors. Submitted, May 3, 1993. Dallas Northpark National Bank of Dallas, Dallas, Texas, proposed merger with Comerica Bank-Texas -- report on competitive factors. Submitted, May 5, 1993. Atlanta SouthTrust Bank of Jacksonville, N.A., Jacksonville, Florida, proposed purchase of the assets and assumption of the deposit liabilities of the Amelia Island, Florida, branch of Federal Trust Bank, FSB, Winter Park, Florida - report on competitive factors. Submitted, May 3, 1993. Dallas State Bank with the Texas -Submitted, Atlanta Sun Bank, National Association, Orlando, Florida, proposed purchase of the assets and assumption of the liabilities of the Winter Garden, Florida, and Ocoee, Florida, branches of First Federal Savings and Loan Association, Orlando, Florida -- report on competitive factors. Submitted, May 3, 1993. of Jewett, Jewett, Texas, proposed merger Donie branch of Community Bank, Austin, report on competitive factors. May 5, 1993. H .2 MAY 3, 1993 PAGE 11 TO MAY 8, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME Chicago Bank of Ypsilanti, Ypsilanti, Michigan -- extension to July 28, 1993, to become a member of the Federal Reserve System, and to establish a branch at 1515 Washtenaw Avenue. Granted, May 3, 1993. San Francisco First Interstate Bancorp, Los Angeles, California -extension to divest certain property. Granted, May 7, 1993. Chicago Mibank Corporation, Ypsilanti, Michigan -- extension to July 28, 1993, to acquire Bank of Ypsilanti. Granted, May 3, 1993. Dallas Overton Financial Corporation, Overton, Texas -extension to August 20, 1993, to acquire Longview Bank & Trust Company. Granted, May 7, 1993. St. Louis UniSouth Capital Corporation, Columbus, Mississippi - extension to August 3, 1993, to acquire the successor to the merger of UniSouth Banking Corporation with UniSouth Interim Bank, and for UniSouth Bank to merge with UniSouth Interim Bank. Granted, May 6, 1993. INTERNATIONAL OPERATIONS Richmond NationsBank International, New York, New York -extension of corporate existence. Granted, May 6, 1993. Kansas City Farmers State Bank, Aurora, Nebraska -- to become a member of the Federal Reserve System. Approved, May 3, 1993. MEMBERSHIP RESERVE BANK OPERATIONS Director, FRBO Federal Reserve Bank of Dallas -- to acquire an automated check adjustment system. Approved, May 7, 1993. H.2 MAY 3, 1993 PAGE 12 ADDITIONS AND CORRECTIONS TO MAY 8, 1993 ACTIONS TAKEN BY THE BOARD OF GOVERNORS REGULATIONS AND POLICIES Regulation 0 -- extension to November 18, 1993, of the exception allowing smaller banks to exceed the regulation’s aggregate insider lending limit, and request for comment on whether the Board should retain, modify, or terminate this exception (Docket R-0800). Approved, April 21, 1993. ADDITIONS AND CORRECTIONS ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK BRANCHES. DOMESTIC Cleveland Fifth Third Bank, Cincinnati, Ohio -- to establish a branch at One South Main street, Dayton, Ohio. Approved, April 30, 1993. Kansas City Frontier Bank of Laramie County, Cheyenne, Wyoming -to establish an automated teller machine in the Buttrey Food-Drug Store at 3355 East Pershing Road, Cheyenne, Wyoming. Approved, April 28, 1993. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Application Comment Period Ending Date NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Comment Period Ending Date NONE SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Fleet Financial Group, Inc., Providence, Rhode Island - 4(c)(8) notification to transfer Fleet Factors Corporation, New York, New York from Fleet Bank of New York, Albany, New York, to Fleet Financial Group, Inc., Providence, Rhode Island Federal Register Not Yet Established 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 Rating* F e d e r a l R e s e rv e Bank o f New Y o rk Comment Period Ending Date SECTION I Applications Subject to Newspaper ___________ Notice Only___________ Manufacturers & Traders Trust Company, Buffalo, New York, to establish a branch at 433 William Street, Buffalo, New York.l/ 5/28/93 SECTION II Applications Subject to Both Newspaper and Federal Register Notice Republic New York Corporation, New York, New York, Saban, S.A., and RNYC Holdings, Limited, both of the City of Gibraltar, to acquire 100 percent of the shares of SafraCorp, and indirectly its subsidiary bank, SafraBank, both of Los Angeles, California.!/ 5/28/93 2/ SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) Dresdner Bank AG, Frankfurt, Republic of Germany, to acquire through its subsidiary, Oechsle International Advisors, L.P., an 80 percent limited partnership interest in OSV Current Advisors, L.P. and engage in investment advisory activities. 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. 5/28/93 Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate- income neighbor hoods, in a manner consistent with its resources and capabilities. Week Ending May 8. 1993 NAME OF BANK RATING EXAMINATION DATE None. 1/ 2/ 3/ 4/ Subject to provisions of Community Reinvestment Act. Later of dates specified in newspaper and Federal Register notices. Date specified in newspaper notice; a later date may be specified in the Federal Register notice. Date specified in Federal Register notice; a later date may be specified in the newspaper notice. N/A - Not Available FEDERAL RESERVE BANK OF PHILADELPHIA SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE None. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE None. 1/ Subject to provisions of Community Reinvestment Act. * N/A - not yet available. FEDERAL RESERVE BANK OF PHILADELPHIA SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS The following institutions were examined for CRA. The 30-business day period the bank has to make the evaluation public has lapsed during the week ending May 7, 1993 Identification of Ratings In connection with the assessment of each insured depository performance, a rating is assigned from the following groups: institution's CRA Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Bank/Location Examination Date None. CRA Rating Federal Reserve Bank of Cleveland Applications Bulletin For Week Ending May 8, 1993 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Received notice from The Commercial Bank, Delphos, Ohio, on April 26, 1993, of its intent establish a branch at 2600 Allentown Road, Lima, Ohio. * May 28, 1993 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 Received request from The Commercial Bank, Delphos, Ohio, on April 26, 1993, for permission to exceed its limit of investment in bank premises permitted under Section 24A of the Federal Reserve Act. * N F # - Subject to CRA Newspaper Comment Period Federal Register Comment Period Expected to end approximately 30 days from date of application's receipt. AVAILABILITY OP CRA PUBLIC EVALUATIONS (May 7, 1993) The following state member banks have been examined by the Federal Reserve Bank of Cleveland for compliance with The Community Reinvestment Act. A public evaluation document became available from the bank(s) listed below during the week ended May 7, 1993. If you are interested in obtaining a copy of an evaluation document, please contact the bank(s) directly. There are four descriptive ratings for CRA: OUTSTANDING: a bank in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SATISFACTORY: a bank in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NEEDS TO IMPROVE: a bank in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. SUBSTANTIAL NON COMPLIANCE: a bank in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NONE Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Application BB&T Financial Corporation, Wilson, North Carolina, to have its subsidiary, Branch Banking and Trust Company, Wilson, North Carolina, purchase certain assets and assume certain liabilities of eight Winston-Salem, North Carolina, offices of 1st Home Federal Savings and Loan Association of the Carolinas, F.A., Greensboro, North Carolina, and one office in Raleigh, North Carolina.* CCB Financial Corporation, Durham, North Carolina, to have its subsidiary, Central Carolina Bank and Trust Company, Durham, North Carolina, purchase certain assets and assume certain liabilities of ten Greensboro, North Carolina, offices of 1st Home Federal Savings and Loan Association of the Carolinas, F.A., Greensboro, North Carolina.* Comment Period Ending Date 5-6-93 (Application is being pro cessed under expedited procedures). 5-11-93 (Application is being pro cessed under expedited procedures). One Valley Bank of Summersville, Inc., Summersville, West Virginia, for permission to establish a branch at 815 North Side Drive, Summersville, West Virginia.* 5-27-93 United Carolina Bancshares Corporation, Whiteville, North Carolina, to have its subsidiary, Untied Carolina Bank, Whiteville, North Carolina, merge with Home Federal Savings Bank of Eastern North Carolina, Greenville, North Carolina.* 5-30-93 BB&T Financial Corporation, Wilson, North Carolina, to have its subsidiary, Branch Banking and Trust Company, Wilson, North Carolina, merge with Edenton Bank, Edenton, North Carolina (the successor to Edenton Savings and Loan Association).* (Correction of name of bank which appeared in Bulletin No. 18). *Application is subject to CRA requirements. 5-31-93 Federal Reserve Bank of Richmond Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date NationsBank Corporation, Charlotte, North Carolina, for prior approval to acquire MNC Financial, Inc., Baltimore, Maryland.* First Virginia Banks, Inc., Falls Church, Virginia, to acquire United Southern Bank of Morristown, Morristown, Tennessee.* 6-3-93 Not yet available. Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date Signet Banking Corporation, Richmond, Virginia, to engage de novo in providing investment advice on certain futures con tracts and options on futures contracts. Section IV - Application Not Subject to Federal Register Notice or Newspaper Notice None. 5-27-93 Federal Reserve Bank of Richmond Availability of CRA Public Evaluations Week ending May 7, 1993 Definition of Ratings Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Examination Date Rating Central Virginia Bank P. 0. Box 39 Powhatan, Virginia 23139 2-15-93 Satisfactory First Community Bank P. 0. Box 195 Forest, Virginia 24551 2-22-93 Satisfactory Federal Reserve Bank of Richmond Availability of CRA Public Evaluations 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 Rating Correction of Bulletin No. 11 for period ending March 12, 1993: Bank of Annapolis 1900 Fairfax Road Annapolis, Maryland 21401 1-25-93 Satisfactory 1-25-93 Satisfactory. 2-22-93 Satisfactory 2-22-93 Satisfactory should have been Annapolis Banking and Trust Main Street at Church Circle Annapolis, Maryland 21404 Correction of Bulletin No. 18 for period ending April 30, 1993: Heritage Bankshares, Inc. P. 0. Box 3749 Norfolk, Virginia 23514 should have been Heritage Bank and Trust P. 0. Box 3749 Norfolk, Virginia 23514 Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending May 7. 1993 Section 1 - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Liberty Holding Company, Inc. Pensacola, Florida To acquire the Century branch of Liberty Bank of Fort Walton, Fort Walton Beach, 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. 06-06-93* New Bank Morristown, Tennessee To become a member of the Federal Reserve System, pursuant to Section 9 of the Federal Reserve Act, and Section 208.4 of the Regulation H (an interim Bank subsidiary of First Virginia Banks, Inc., Falls Church, Tennessee, formed to merge with United Southern Bank of Morristown, Morristown, Tennessee. New Bank will then change its name to United Southern Bank). 05-28-93* New Bank Morristown, Tennessee To merge with United Southern Bank of Morristown, Morristown, Tennessee, pursuant to Section 1 8 (c) of the Federal Deposit Insurance Act. New Bank will then change its name to United Southern Bank. 05-28-93* Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Randolph Bancshares, Inc. Wadley, Alabama Change in control notice by Bobbie Saxon Lett to acquire 27 percent of the outstanding shares of common stock. 05-12-93* Federal Register ♦Subject to provisions of the Community Reinvestment Act. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending May 7. 1993 Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date SouthTrust Corporation Not yet available* Birmingham, Alabama Along with its second-tier bank holding company, SouthTrust of Covington County, Inc., Opp, Alabama, to merge with County Bancshares, Inc., Troy, Alabama, and thereby directly acquire its bank subsidiary, Pike County Bank, Troy, Alabama, pursuant to Section 3( a ) (5) of. the Bank Holding Company A c t . Bank Corporation of Georgia Macon, Georgia To acquire Americorp, Inc., Savannah, Georgia, pursuant to Section 3 ( a ) (3) of the Bank Holding Company A c t . 04-19-93* Federal Register FMB Bancshares, Inc. Lakeland, Georgia To merge with United Bankshares, Inc., Nashville, Georgia, and thereby directly acquire its subsidiary, United Banking Company, Nashville, Georgia, pursuant to Section 3(a)(5) of the Bank Holding Company Act. Not yet available* Cameron Bancshares, Inc. Cameron, Louisiana After-the-fact change in control notice by Mr. Charles Francis Hebert to retain 10.31 percent of the outstanding shares of common stock. 06-01-93* Federal Register ♦Subject to provisions of the Community Reinvestment Act. Section 3 - Applications Subject Register Only Application to Federal Comment Period Ending Date West Coast Bancorp, Inc. Cape Coral, Florida To engage de novo in making, acquiring, or servicing loans or other extensions of credit, pursuant to Section 225.25(b)(1) of Regulation Y. Not yet available Riverside Banking Company Not yet available Fort Pierce, Florida To engage de novo, through its wholly-owned subsidiary RBCA, Inc., Fort Pierce, Florida, in making, acquiring, or servicing loans or other extensions of credit, pursuant to Section 225.25(b)(1) of Regulation Y. Riverside Banking Company Not yet available Fort Pierce, Florida To engage de novo, through its wholly-owned subsidiary, Riverside Leasing Company, Fort Pierce, Florida, in leasing personal or real property or acting as agent, broker, or advisor in leasing such property, pursuant to Section 225.25(b)(5) of Regulation Y. Section 4 - Applications Not Subject to Federal Register Notice or Newspaper Notice Application First Capital Bancorp, Inc. Norcross, Georgia Request for waiver of the application requirement under Section 3(a)(3) of the Bank Holding Company Act for the proposal to acquire Interim Paces Corporation, Atlanta, Georgia. Interim Paces Corporation proposes to acquire Paces Bank & Trust, Atlanta, Georgia, and merge with First Capital Bancorp's proposed bank subsidiary, Central Gwinnett Bank, Norcross, Georgia. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending May 7. 1993 Section 10 - Availability of CRA Public Evaluations The CRA public evaluations of the insured depository institutions listed below became available during this week. Information about an institution's CRA evaluation may be obtained directly from the institution. In connection with the assessment of an institution's CRA performance, a rating is assigned from the following groups: Outstanding record of meeting community credit needs: An institution has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs: An institution has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs: An institution needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs: An institution has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Examination Bank First Central Bank Post Office Box 41250 St. Petersburg, Florida (813)347-0197 Rating Satisfactory 33743 Date 01-02-93 Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Type Application Branch Reg K-OT Bank Mees & Hope N.V. Rotterdam, The Netherlands Establish an Agency office in New York, New York* N - ** Oakar First Mutual Bancorp, M.H.C. Decatur, Illinois First Mutual Bank, S.B. Decatur, Illinois* N - 4-30-93 Branch Lapeer County Bank & Trust Co. Lapeer, Michigan 6002 N. Lapeer Road North Branch, Michigan* N - 5-16-93 Branch Royal American Bank Inverness, Illinois 1000 Tower Lane Bensenville, Illinois* N - 5-14-93 Membership Hinsdale Bank and Trust Company Hinsdale, Illinois (in organization) To become a member of the Federal Reserve System* N - 5-18-93 Oakar Independent Bank Corporation Ionia, Michigan Portland, Michigan branch of Community First Bank, F.S.B. Portland, Michigan* N - ** Membership Farmers State Bank Jewell, Iowa To become a member of the Federal Reserve System* N - ** Branch Isabella Bank and Trust Mount Pleasant, Michigan 532 N. McEwan Street Clare, Michigan* N - Oakar First of America Bank Corporation Kalamazoo, Michigan 14 Illinois Branch offices of Citizens Federal Bank, FSB Miami, Florida* FR - ** N - ** 5-13-93 Federal Reserve Bank of Chicago Type Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date A p p lic a t io n Y-l Farmers & Traders Bancshares, Inc. Shabbona, Illinois Farmers and Traders State Bank Shaboona, Illinois* FR - 4-26-93 N - 5-3-93 Y-l First Mutual Bancorp, M.H.C. Decatur, Illinois First Mutual Bank, S.B. Decatur, Illinois* FR - 4-29-93 N - 4-30-93 Y-l First Bancorporation, Inc. Sparta, Wisconsin First Bank of Sparta Sparta, Wisconsin* FR - 5-6-93 N - 5-12-93 COC-HC ASB Bankcorp, Inc. Adrian, Michigan Fern Shierson and Douglas J. Shierson (acquire 6.5%— current ownership is 9.46%) FR - 5-3-93 N - 5-9-93 Y-l FMSB Bancorp Neola, Iowa Farmers & Merchants State Bank Neola, Iowa* FR _ 5-10-93 N - 5-10-93 Y-l Peoples Financial Corporation Colfax, Illinois Peoples State Bank Colfax, Illinois* FR - 5-17-93 N - ** CoC-HC Farmers National Bancorp, Inc. Geneseo, Illinois William Hanford Trust FR - 5-19-93 N - ** Federal Reserve Bank of Chicago Type Section II - Applications Subject to Both Newspaper and Federal Register Notice fContinued) Comment Period Application Ending Date Y-l CoC-HC First Community Financial Corporation Elgin, Illinois First Community Bank (in organization) Elgin, Illinois* Lincolnshire Bancshares, Inc. Lincolnshire, Illinois Lincolnshire Bancshares, Inc. Employee Plan and Trust Lincolnshire, Illinois FR - 5-28-93 N - ** FR - ** N - ** CoC-HC Elcho Bancorporation, Inc. Altoona, Iowa Jo & Verle Burgason; Marguerite Sevde; Delilah Shaw £ Charles L. Ryan as Trustee FR - ** NP - ** CoC-HC Cascade Bancorporation, Inc. Venice, Florida Delilah Shaw FR - ** Y-l Lakeside Bancorp, Inc. Chicago, Illinois Lakeside Bank Chicago, Illinois* N - ** FR - ** N - ** Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Type Application Y-4 Caisse Nationale de Credit Agricole Paris, France Credit Agricole Futures, Inc. New York, New York — Execute, clear, provide investment advisory services FR - Y-4 FBOP Corporation Oak Park, Illinois Fairfield Financial Corporation Oak Park, Illinois FR - ** Y-4 Iowa National Bankshares Corp. Waterloo, Iowa MidAmerica Financial Corporation Waterloo, Iowa FR - ** N - 4-29-93 Y-4 Continental Bank Corporation Chicago, Illinois Repechage Partners Ltd. Chicago, Illinois FR - ** Y-4 FMSB Bancorp Neola, Iowa Hall Insurance Agency Neola, Iowa FR - 5-10-93 4(c)(8) Comerica Incorporated Detroit, Michigan University Club Limited Dividend Housing Association Limited Partnership, Detroit, Michigan— CDC-equity investment in a low income housing project FR - 5-25-93 4(c) (8) Bank of Elmwood Racine, Wisconsin Racine Development Group Racine, Wisconsin— CDC invest $50,000 in local projects to create housing and jobs for low and moderate income persons FR - ** 4(c)(8) Edgemark Financial Corporation Chicago, Illinois Edgemark Financial Services, Inc. Countryside, Illinois FR - ** 5-31-93 Federal Reserve Bank of Chicago Section IV - Applications Not Subject to Federal Register or Newspaper Notice Tvoe Application RoS First Lena Corporation Lena, Illinois To redeem 618 shares of its common stock RoS Cascade Bancorporation, Inc. Venice, Florida to redeem 4,375.00 of common voting shares 11,314.66 common nonvoting shares outstanding RoS Wabeno Bancorporation, Inc. Altoona, Iowa to redeem a portion of shares currently owned by Cascade Bancorporation, Inc. ROS Rossville Bancorp, Inc. Rossville, Illinois To purchase up to 27,555 shares of its outstanding common stock N FR * ** - Newspaper Federal Register Subject to Provisions of Community Reinvestment Act Not available at this time AVAILABILITY OF CRA PUBLIC EVALUATIONS The following state member banks have been examined by the Federal Reserve Bank of Chicago for compliance with the CRA. The 30-business day period the bank has to make the evaluation public has lapsed during the week ending May 07, 1993, 1993. If you are interested in obtaining a copy of the evaluation document, please contact the bank(s) directly. Identification of Ratings O-An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. S-An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NI-An institution in this group needs to improve its overall record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate -income neighborhoods, in a manner consistent with its resources and capabilities. SN-An institution in this group has a substantially deficient record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANK NAME/LOCATION -St. Ansgar State Bank 237 West Fourth Street, Box 219 St. Ansgar, Iowa 50472 (515) 736-4501 EXAMINATION DATE 2/08/93 RATINGS S Federal Reserve Bank of St. Louis FOR THE WEEK ENDING May 7, 1993 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE Application End of Comment Period None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application End of Comment Period Change in control notification involving West Tennessee Bancshares, Inc., Bartlett, Tennessee by West Tennessee Bancshares, Inc. Employee Stock Ownership Plan, Bartlett, Tennessee Not yet available ^Section 3(a)(3) application by Boatmen's Bancshares, Inc., St. Louis, Missouri to acquire FCB Bancshares, Inc., Merriam, Kansas Newspaper: 6-2-93 ^Section 3(a)(1) application by Allendale Bancorp, Inc., Allendale, Illinois to acquire The First National Bank of Allendale, Allendale, Illinois Newspaper: 6-7-93 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application End of Comment Period Section 4(c)(8) notification by Old National Bancorp, Evansville, Indiana to engage de novo, indirectly through ONB Investment Services, Inc., Evansville, Indiana, in providing securities brokerage services Not yet available SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Anolication None. *This application is subject to CRA End of Comment Period FEDERAL RESERVE BANK OF ST. LOUIS St. Louis, Missouri AVAILABILITY OF CRA PUBLIC DISCLOSURES Identification o f Ratings: Outstanding record o f m eeting com m unity credit needs A n institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs o f its entire delineated community, including 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- incom e neighborhoods, in a manner consistent with its resources and capabilities. Needs to im prove record o f m eeting com m unity 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 meeting com m unity credit needs A n institution in this group has a substantially deficient record o f ascertaining and helping to meet the credit needs o f its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. FOR THE WEEK ENDING Name of Bank None May 7, 1993 Bank Address Examination Date Examination Rating FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to Newspaper Notice Only Comment Period Endincr Date Application None. Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Endincr Date Norwest Corporation Mpls, MN To acquire, via merger, 100% of the voting shares of M&D Holding Company, Spring Lake Park, MN* Not yet available Dakota Bancorp, Inc. Watertown, SD To acquire 100% of the voting shares of the Bank of South Dakota, Watertown, SD* Not yet available Dakota Company, Inc., Mpls, MN; South Dakota Bancorp., Inc., Mpls, MN; and South Dakota Financial Bancorporation, Inc., Mpls, MN To acquire 100% of the voting shares of the Bank of South Dakota, Watertown, SD* Not yet available Dakota Company, Inc., Mpls, MN; South Dakota Bancorp., Inc., Mpls, MN; and South Dakota Financial Bancorporation, Inc., Mpls, MN To engage in operating a savings association through the acquisi tion of Dakota Bancorp, Inc., Watertown, SD* Not yet available * Subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section II - Applications Subject to Both Newspaper and Federal Register Notice (Continued) Comment Period Ending Date Application Dakota Company, Inc., Mpls, MN; South Dakota Bancorp,, Inc., Mpls, MN; and South Dakota Financial Bancorporation, Inc., Mpls, MN To acquire 100% of the voting shares of O'Neill Properties, Inc., Mpls, MN* Not yet available Kootenai Bancorp, Inc. Employee Stock Ownership Trust To increase its ownership interest from 9.2% to 10.65% of the voting shares of Kootenai Bancorp, Inc., Libby, MT 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 None. * Subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section V - Availability of CRA Public Evaluations week ending May 7, 1993 ASSIGNMENT OF RATING Identification of Ratings In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following groups: OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate -income neighborhoods, in a manner consistent with its resources and capabilities. NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low-and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANK(S ) EXAMINED DATE OF EXAMINATION CRA RATING American State Bank January 25, 1993 632 Main Street, Box 2530 Rapid City, SD 57709-2530 (605) 348-3322 Satisfactory Fanners State Bank of Worden 2450 Main Street Worden, MT 59088 (406) 967-3612 February 1, 1993 Needs to Improve Hand County State Bank P. 0. Box 126 Miller, SD 57362 (605) 853-3051 February 2, 1993 Outstanding 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 BNMHC Acquisition Corporation, Newport, Minnesota, for prior approval to become a bank holding company through the acquisition of 80.4 percent of the voting shares of The Bank of New Mexico Holding Company, Albuquerque, New Mexico.* Not Available Fourth Financial Corporation, Wichita, Kansas, for prior approval to acquire 100 percent of Commercial Landmark Corporation, Muskogee, Oklahoma.* Not Available B. John Barry, Aspen, Colorado, for prior approval to increase ownership interests in Aspen Bancshares, Inc., Aspen, Colorado, from 9.93 percent to 25 percent or more. Not Available Washington Investment Company, Otis, Colorado, for prior approval to acquire 100 percent of the voting shares of First National Bank of Akron, Akron, Colorado, First National Bank of Yuma, Yuma, Colorado, and Wray State Bancorporation, Wray, Colorado.* Not Available SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. Federal Reserve Bank of Kansas City 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: 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 Sac River Valley Bank P .0. Box 8 Stockton, Missouri 65785 01-25-93 04-26-93 Satisfactory Grant County Bank P.O. Box 85 Medford, Oklahoma 01-25-93 04-26-93 Satisfactory 02-01-93 04-28-93 Outstanding 73759-0085 United Nebraska Bank P.O. Box 220 North Platte, nebraska 69103 Federal Reserve Bank of Kansas City Farmers Bank of Lincoln 02-01-93 P.O. Box 250 Lincoln, Missouri 65338-0225 ♦Application is subject to CRA. 04-29-93 Outstanding FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF MAY 3, 1993 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION *Section 3(a)(3) application by A.N.B. Holding Company, Ltd., Terrell, TX, to acquire additional shares of The American National Bank of Terrell, Terrell, TX (Previously reported during the week of 4-12-93) *Section 3(a)(3) application by First Bancorp of Louisiana, Inc., West Monroe, LA, to acquire Southern National Bank at Tallulah, Tallulah, LA (Previously reported during the week of 4-19-93) *Section 3(a)(3) application by First Bancorp of Louisiana, Inc., ESOP, West Monroe, LA, to acquire Southern National Bank at Tallulah, Tallulah, LA (Previously reported during the week of 4-19-93) *Section 3(a)(1) application by NETEX Bancorporation, Pittsburg, TX, to acquire First State Bank, Pittsburg, Tx (Previously reported during the week of 4-5-93) Change in Control Notice by Rockney D. Pletcher, as Trustee, Dallas, TX, to acquire an interest in Brazos Bancshares, Inc., Joshua, TX (Previously reported during the week of 3-15-93) Change in Control Notice by Paul Gerard Heafy, Oklahoma City, OK, to acquire an interest in Parker County Bancshares, Inc., Weatherford, TX (Previously reported during the week of 4-5-93) ** NOTICE EXP 93/06/04 93/05/17 93/05/17 93/05/08 93/05/23 93/04/29 Change in Control Notice by Bobby Max Ham, Crosbyton, TX, to acquire an interest in Citizens Bancshares, Inc., Crosbyton, TX (Previously reported during the week of 4-5-93) Change in Control Benjie Sims Reed, Groesbeck, TX, to Groesbeck Holding 93/05/19 Notice by Mexia, TX, and Bobby Lynn Reed, acquire an interest in First Company, Groesbeck, TX N/A SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION* None. * SUBJECT TO CRA. ** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY. N/A - NOT AVAILABLE AT THIS TIME. StCTIOH V - AVAILABILITY OF CRA PUBLIC EVALUATIONS FOR THE WEEK OF MAY 3, 1993 Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to Improve record of meeting community credit needs. An institution in this group need to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial Noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Bank Central Bank 300 DeSiard St. P. 0. Box 4928 Monroe, Louisiana 71211 Date of Examination 92/10/05 CRA Rating Satisfactory FEDERAL RESERVE BANK OF SAN FRANCISCO • , Week ending 5/07/93 Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date None Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Endina Date MCB Financial Corporation, San Rafael, California, to become a bank holding company by acquiring Marin Community Bank, N.A., San Rafael, California. * Newspaper: 5/17/93 Fed. Req.: 5/21/93 John B. Joseph, Orange, California, to acquire an additional 2.3190 percent of West Coast Bancorp, Orange, California. Newspaper: Not available Fed. Rea.: 5/23/93 N. George Daines, Newell G. Daines, Logan, Utah, and Linden D. Beckstead, Preston, Idaho, to collectively acquire 18.46 percent of Cache Valley Bank, Logan, Utah. Newspaper: Not available Fed. Req.: 6/01/93 North Cascades Bancshares, Inc. Employee Stock Ownership Trust, Chelan, Washington, to acquire an additional 9.03 percent of North Cascades Bancshares, Inc., Chelan, Washington. Newspaper: 6/01/93 Fed. Req.: Not available Section III - Applications Subject to Federal Register Notice Only Application Comment Period Ending Date First Hawaiian, Inc., Honolulu, Hawaii, to acquire Pioneer Fed BanCorp, Inc., Honolulu, Hawaii. Fed. Reg.: 5/24/93 The Sanwa Bank, Limited, Osaka, Japan, to acquire through indirect ownership, one share of common stock of Government Pricing Information System, Inc., through Sanwa-BGK Securities Co., L.P., New York, New York. Fed. Reg.: Not available Banque Nationale de Paris, Paris, France, to engage de novo in financial advisory services through its subsidiary, Banexi International Financial Services (North America) Corporation, New York, New York. Fed. Reg.: Not available * Subject to CRA FEDERAL RESERVE BANK OF SAN FRANCISCO (cont’d.) Week ending 5/07/93 Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice None Section V - Availability of CRA Public Evaluations The CRA public evaluations of the institution(s) below became available during the week ending May 7, 1993. Information about a particular institution’s CRA evaluation may be obtained directly from the institution. Institution Location Bank of America Nevada 300 S. Fourth St. Las Vegas, NV 89101 (702) 654-1000 Examination Date 12/14/92 Rating* Outstanding * Under the rating system an institution’s CRA performance is assigned one of the following four ratings: Outstanding record of meeting community credit needs: An institution has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs: An institution has a satisfactory record of ascertaining and meeting the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs: An institution needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs: An institution has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resources and capabilities. The above listing has been prepared as a courtesy by the Federal Reserve Bank of San Francisco, and is not intended to replace formal notices required by statute or regulation; the Reserve Bank assumes no responsibility for errors or omissions.