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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1992, NO. 46 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending November 14, 1992 ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK HOLDING COMPANIES Citicorp, New York, New York — to engage in the issuance and sale of variably denominated payments instruments through Citicorp Services Inc. Approved, November 12, 1992. ONBANCorp, Inc., Syracuse, New York — to acquire Merchants National Bank and Trust Co. and Union National Bank, Albany, New York. Approved, November 12, 1992. ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve Bank Operations; IF - International Finance; QSDM - Office of Staff Director for Management BANK BRANCHES, DOMESTIC Dallas Midland American Bank, Midland, Texas — a branch at 719 West Louisiana. Approved, November 13, 1992. Minneapolis Valley Bank of Ronan, Ronan, Montana — a branch in Hot Springs, Montana. Approved, November 13, 1992. to establish to establish BANK HOLDING COMPANIES Atlanta AmSouth Bancorporation, Birmingham, Alabama — to acquire First Chattanooga Financial Corporation, Chattanooga, Tennessee, and First Federal Bank, F.S.B.; AmSouth Bank of Georgia, Summerville, Georgia, and to merge the Summerville, Georgia, branch of First Federal into AmSouth Bank of Georgia. Approved, November 13, 1992. H.2 NOVEMBER 9, 1992 PAGE 2 TO NOVEMBER 13, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Minneapolis Chisholm Bancshares, Inc., Chisholm, Minnesota — acquire Farmers & Merchants State Bank, Cook, Minnesota. Approved, November 9, 1992. Richmond Easton Bancorp, Inc., Easton, Maryland — Easton Bank ft Trust. Approved, November 13, 1992. St. Louis Farmers and Merchants Bankshares, Inc., Stuttgart, Arkansas — to engage de novo in appraisal activities. Permitted, November 9, 1992. Dallas First Burkburnett Nevada Financial Corp., Reno, Nevada — to acquire First National Bank in Burkburnett, Burkburnett, Texas, Approved, November 13, 1992. Kansas City First Western Corporation, Kimball, Nebraska — to acquire Citywide Bank of Northglen, Northglen, Colorado. Approved, November 12, 1992. Kansas City First Western Corporation, Kimball, Nebraska — to continue to engage in lending and general insurance activities. Approved, November 12, 1992. Dallas Fredonia Bancshares of Delaware, Inc., Wilmington, Delaware — to acquire Fredonia State Bank, Nacogdoches, Texas. Approved, November 13, 1992. Chicago GFH Corp., Elmhurst, Illinois — Bank of Elmhurst. Returned, November 10, 1992. Chicago 6reat Lakes Financial Resources, Inc Employee Stock Ownership Plan, Homewood, Illinois — to purchase 1.26 percent of the shares of Great Lakes Financial Resources, Inc. Approved, November 12, 1992. to to acquire to acquire Community H.2 NOVEMBER 9, 1992 PAGE 3 TO NOVEMBER 13, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago Marshall & Ilsley Corporation, Milwaukee, Wisconsin to engage de novo in providing financial advisory services through M&I Capital Markets Group, Inc. Returned, November 10, 1992. St. Louis National Commerce Bancorporation, Memphis, Tennessee — to engage de novo in consumer lending and credit related insurance activities through National Commerce Finance Company, Germantown, Tennessee. Permitted, November 9, 1992. Chicago Old Kent Financial Corporation, Grand Rapids, Michigan — to engage in expanding nonbanking activities through Old Kent Brokerage Services, Inc. Approved, November 10, 1992. Minneapolis West River Holding Company, Inc., Hettinger, North Dakota — to acquire West River State Bank. Approved, November 9, 1992. BANK MERGERS New York Merchants Bank of New York, New York, New York c— to accept the transfer of insured deposits from First New York Bank for Business, and to establish a branch at 350 Park Avenue. Approved, November 13, 1992. BANK PREMISES Kansas City Bank of Boulder, Boulder, Colorado — bank premises. Approved, November 12, 1992. investment in Richmond Bank of Monroe, Union, West Virginia — bank premises. Approved, November 13, 1992. S t . Louis City Bank and Trust Company of Moberly, Moberly, Missouri — investment in bank premises. Approved, November 13, 1992. investment in H.2 NOVEMBER 9, 1992 PAGE A TO NOVEMBER 13, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK PREMISES Chicago First Illini Bank, Galesburg, Illinois — in bank premises. Approved, November 9, 1992. investment Kansas City Star Valley State Bank, Afton, Wyoming — in bank premises. Approved, November 9, 1992. investment BANKS. STATE MEMBER Chicago First of America Bank-Northern Michigan, Traverse City, Michigan — payment of a dividend. Approved, November 12, 1992. Chicago Lake Forest Bank and Trust Company, Lake Forest, Illinois — to exercise fiduciary powers. Approved, November 12, 1992. CAPITAL STOCK S t . Louis Golden Triangle Bancshares, Inc., Campbellsburg, Kentucky — redemption of shares. Approved, November 12, 1992. CHANGE IN BANK CONTROL Atlanta Frankewing Bancshares, Inc., Frankewing, Tennessee change in bank control. Permitted, November 12, 1992. Dallas JBI Financial Corporation, Jena, Louisiana — in bank control. Permitted, November 13, 1992. Atlanta Swainsboro Bankshares, Inc., Swainsboro, Georgia — change in bank control. Permitted, November 9, 1992. change H.2 NOVEMBER 9, 1992 PAGE 5 TO NOVEMBER 13, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Richmond Bank of Buchanan, Buchanan, Virginia, proposed purchase of certain assets and assumption of the liability to pay deposits in the Eagle Rock, Virginia, branch of Dominion Bank, National Association, Roanoke, Virginia — report on competitive factors. Submitted, November 12, 1992. Kansas City Central Bank, N.A., Denver, Colorado, proposed merger with Central Bank Chapel Hills, N.A., Colorado Springs; Central Bank Glenwood Springs, N.A., Glenwood Springs; and Central Bank North Denver, N.A., Denver, Colorado — report on competitive factors. Submitted, November 12, 1992. S t . Louis Equality Savings and Loan Association, St. Louis, Missouri, proposed reorganization into a mutual holding company from a mutual savings and loan — report on competitive factors. Submitted, November 13, 1992. Kansas City First National Bank of Phillipsburg, Phillipsburg, Kansas, proposed merger with First National Bank of Logan, Logan, Kansas — report on competitive factors. Submitted, November 12, 1992. Dallas First National Bank of Santa Rosa, Santa Rosa, New Mexico, proposed merger with First National Bank of Tucumcari, Tucumcari, New Mexico — report on compet it ive factors. Submitted, November 13, 1992. San Francisco Household Bank (Nevada), National Association, Las Vegas, Nevada, proposed purchase of certain assets and assumption of certain liabilities of Household Bank, National Association, Salinas, California — report on competitive factors. Submitted, November 9, 1992. H.2 NOVEMBER 9, 1992 PAGE 6 TO NOVEMBER 13, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Kansas City North American Savings Bank/ F.S.B., Grandview, Missouri/ proposed acquisition of certain assets and assumption of certain liabilities of the Harrisonville branch of Farm & Home Savings Association/ Nevada/ Missouri — report on compet it ive factors. Submitted/ November 9, 1992. Minneapolis State Bank of Edgerton/ Edgerton/ Minnesota, proposed merger with State Bank of Kenneth, Kenneth, Minnesota — report on competitive factors. Submitted, November 13, 1992. Kansas City State Bank of Hoxie, Hoxie, Kansas, proposed merger with Peoples State Bank, Grinnell, Kansas — report on competitive factors. Submitted, November 12, 1992. Richmond Tidemark Bank for Savings, F.S.B., Newport News, Virginia, proposed merger with Tidemark Interim Savings Bank, F.S.B. — report on competitive factors. Submitted, November 12, 1992. San Francisco Washington Federal Savings and Loan Association, Seattle, Washington, proposed merger with First Federal Savings Bank, Salt Lake City, Utah — report on competitive factors. Submitted, November 9, 1992. EXTENSIONS OF TIME Chicago ANB Corporation, Muncie, Indiana — extension to February 20, 1993, for American National Bank and Trust Company of Muncie to merge with Muncie Federal Savings Bank. Granted, November 13, 1992. New York Bank of New York Company, Inc., New York, New York — extension to May 1, 1993, to acquire a limited partnership interest in the New York Equity Fund 1992 Limited Partnership, and engage in community development activities. Granted, November 13, 1992. H.2 NOVEMBER 9, 1992 PAGE 7 TO NOVEMBER 13, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME Atlanta First Autauga Bancshares, Inc., Montgomery, Alabama - extension to February 12, 1993, to acquire Cee Bee Corporation, Prattville, Alabama, and Citizens Bank. Granted, November 12, 1992. San Francisco First Interstate Bancorp, Los Angeles, California — extension to divest certain property. Granted, November 9, 1992. Cleveland Marblehead Bank, Marblehead, Ohio — extension to November 15, 1992, to redeem shares. Granted, November 13, 1992. Richmond Wachovia Corporation of North Carolina, WinstonSalem, North Carolina — extension to February 11, 1993, to acquire shares of Southeast Switch, Inc., Maitland, Florida. Granted, November 10, 1992. San Francisco Wells Fargo & Company, San Francisco, California — extension to divest certain property. Granted, November 10, 1992. Chicago Community Bank of Elmhurst, Elmhurst, Illinois — become a member of the Federal Reserve System. Returned, November 10, 1992. MEMBERSHIP to RESERVE BANK OPERATIONS Director, FRBO Federal Reserve Bank of Richmond — cabling and computer equipment. Approved, November 10, 1992. to purchase RESERVE BANK SERVICES Director, FRBO Federal Reserve Bank of Boston — to consolidate noncash collection functions at the Federal Reserve Bank of Cleveland. Approved, November 13, 1992. H.2 NOVEMBER 9, 1992 PAGE 8 TO NOVEMBER 13, 1992 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY RESERVE BANK SERVICES Director, FRBO Federal Reserve Bank of Dallas — to consolidate noncash collection functions at the Jacksonville Branch of the Federal Reserve Bank of Atlanta. Approved, November 13, 1992. H.2 NOVEMBER 9, 1992 PAGE 9 ADDITIONS AND CORRECTIONS TO NOVEMBER 13, 1992 ACTIONS TAKEN BY THE BOARD OF GOVERNORS REGULATIONS AND POLICIES Disaster relief initiatives concerning those affected by Hurricane Andrew, Hurricane Iniki, and the Los Angeles civil unrest. Approved, November 3, 1992. RESERVE BANK SERVICES Priced services — factors for evaluating Reserve Bank proposals to withdraw from a priced service line and request to withdraw from the price definitive securities safekeeping service by yearend 1993 (Docket R-0767). Approved, October 28, 1992. ADDITIONS AND CORRECTIONS ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Atlanta Capital City Bank Group, Inc., Tallahassee, Florida - to acquire certain assets and assume certain liabilities of the Branford, Florida, branch of First Federal Savings Bank of Perry, Perry, and merge the assets and liabilities with the Branford State Bank, Branford, Florida. Approved, November 6, 1992. EXTENSIONS OF TIME Atlanta SunTrust Banks, Inc., Atlanta, Georgia — extension to February 7, 1992, to acquire shares of Bank of Lakeland, Lakeland, Florida. Granted, November 6, 1992. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Application Comment Period Ending Date NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Comment Period Ending Date NONE SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Application Comment Period Ending Date NONE SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS ♦Rating Definitions: "O" - Outstanding; "S" - Satisfactory; Needs to Improve; "SN" - Substantial Noncompliance. "N" - Institution Rating* Examination Date NONE Federal Reserve Bank of New York Comment Period Ending Date SECTION I Applications Subject to Newspaper ___________ Notice Only_________ __ The Bank of New York, New York, New York, to establish a branch at Brink's Incorporated, 652 Kent Avenue, Brooklyn, New York.l/ 12/13/92 The Bank of New York, New York, New York, to establish a branch at Hudson Armored Car and Courier Services, 291 Upper North Road, Highland, New York.l/ 12/13/92 The Bank of New York, New York, New York, to establish a branch at Andover Protective Services, 1640 Veterans Memorial Highway, Central Islip, New York.l/ 12/13/92 SECTION II Applications Subject to Both Newspaper and Federal Register Notice None. SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) None. SECTION IV Applications Not Involving ______ Public Comment______ None. SECTION V Availability of CRA Public Evaluations In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following group: Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. 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 November 14. 1992 NAME OF BANK RATING EXAMINATION DATE Bank of Smithtown One East Main Street Smithtown, N.Y. 11787 Needs to Improve March 16, 1992 Bank of Great Neck 10 Northern Boulevard Great Neck, N.Y. 11021 Satisfactory May 13, 1992 The Merchants Bank of New York 434 Broadway New York, N.Y. 10013 Satisfactory July 13, 1992 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 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Comment Period Ending Date NONE. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Comment Period Ending Date ACNB Corporation, Gettysburg, PA to engage in community development activities, through the parent company, by making an investment as sole limited partner in Gettysburg Scattered Sites Associates, Gettysburg, PA, pursuant to § 4(c)(8) of the BHC Act and § 225.25(b)(6) of Regulation Y. N/A 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 November 13, 1992 Identification of Ratings In connection with the assessment of each insured depository performance, a rating is assigned from the following groups: institution's CRA Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities• Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Bank/Location Examination Date None. CRA Rating Federal Reserve Bank of Cleveland Applications Bulletin For Week Ending November 14, 1992 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Received application from Banc One Corporation, and Banc One Alpha Corporation, both of Columbus, Ohio, on September 28, 1992, to acquire Valley National Corporation, Phoenix, Arizona, pursuant to Section 3 of the Bank Holding Company A c t . COMMENT PERIOD EXTENDED UNTIL NOVEMBER 20, 1992 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Received application from Banc One Corporation and Banc One Alpha Corporation, both of Columbus, Ohio, to acquire Concho Insurance Agency, Inc., and VNC Investment Corporation, both of Phoenix, Arizona, pursuant to Section 4 ( c ) (8) of the Bank Holding Company A c t .* * N F # - COMMENT PERIOD EXTENDED UNTIL NOVEMBER 20, 1992 Subject to CRA Newspaper Comment Period Federal Register Comment Period Expected to end approximately 30 days from date of application's receipt. Federal Reserve Bank of Cleveland Applications Bulletin For Week Ending November 14, 1992 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Received Section 4 ( c ) (8) application Not Yet Known # from Huntington Bancshares Incorporated, Columbus, Ohio, on October 13, 1992, to expand the scope of the activities of its wholly-owned subsidiary, The Huntington Company, to include private placement and riskless principal activities; underwriting and dealing in bank-ineligible securities; and providing securities brokerage and investment and financial advisory services, underwriting and dealing in governmental obligations and money market instruments. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE NONE AVAILABILITY OF CRA PUBLIC EVALUATIONS (November 13, 1992) 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 November 13, 1992. 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 Comment Period Ending Date Wachovia International Banking Corporation, Winston-Salem, North Carolina, to establish a branch in Columbia, South Carolina. 12-2-92 Crestar Bank, Richmond, Virginia, to establish a branch at 900 North Taylor Street, Arlington, Virginia. 12-9-92 Signet Bank/Virginia, Richmond, Virginia, to establish a branch at 6511 Woodlake Parkway, Midlothian, Virginia. 12-9-92 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date FCNB Corp, Frederick, Maryland, to acquire 14.9% of the outstanding shares of Hometown Bancorp, Myersville, Maryland. Not yet available. Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date None. Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None. ^Application is subject to CRA requirements. Comment Period Ending Date Federal Reserve Bank of Richmond Availability of CRA Public Evaluations Week ending November 13, 1992 Definition of Ratings Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate -income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate -income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate -income neighborhoods, in a manner consistent with its resources and capabilities. Examination Date____ Barbour County Bank 107 Pike Street Philippi, West Virginia 26416 9-1-92 Rating Satisfactory Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending November 13. 1992 Section 1 - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Bank Independent Sheffield, Alabama To establish a branch located at 863 Cox Creek Parkway, Florence, Alabama, to be known as Cox Creek Place. Not yet available* Sun Bank/Gulf Coast Sarasota, Florida To become a member of the Federal Reserve System, pursuant to Section 9 of the Federal Reserve Act, and Section 208.4 of Regulation H. Not yet available* Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Eva Bancshares, Inc. Eva, Alabama 1-BHC formation, First Bank of Eva, Eva, Alabama. Commerce Bank Corporation Winter Haven, Florida 1-BHC formation, Commerce Bank of Central Florida, Winter Haven, Florida. Adairsville Bancshares, Inc. Adairsville, Georgia Change in control by W.W. Fincher, Jr.; Earnest Millard Acree, Sr.; Earnest Millard Acree, Jr.; Charles Milford Morgan, Jr.; T. Fay Hurley; Thomas L. Manton; Thomas M. Kinnamon; and Earl T. McGhee, to acquire 56 percent of the outstanding shares of common stock. Not yet available* 11-20-92* Federal Register 12-01-92* Newspaper ♦Subject to Provisions of the Community Reinvestment Act. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending November 13. 1992 Section 3 - Applications Subject to Federal Register Notice Only Application Comment Period Ending Date No n e . Section 4 - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Bank Independent Sheffield, Alabama Request for increase in bank premises. Barnett Merger Corp. Jacksonville, Florida Waiver request related to the acquisition of Barnett Banks Trust Company, N.A., Jacksonville, Florida, pursuant to Section 4 ( c ) (8) of the Bank Holding Company A c t . SouthTrust Bank of West Florida St. Petersburg, Florida Request for increase in bank premises. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending November 13. 1992 Section 10 - Availability of CRA Public Evaluations The CRA public evaluations of the insured depository institutions listed below became available during this week. Information about an institution's CRA evaluation may be obtained directly from the institution. In connection with the assessment of an institution's CRA performance, a rating is assigned from the following groups: Outstanding record of meeting community credit needs: An institution has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs: An institution has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs: An institution needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs: An institution has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Examination Bank Sun Bank of Ocala Post Office Box 310 Ocala, Florida 32678 (904) 368-6200 Central State Bank Post Office Box 180 Calera, Alabama 35040 (205) 668-0711 Rating Date Outstanding 11-08-92 Satisfactory 11-12-92 Federal Reserve Bank of Chicago Type Section I - Applications Subject to Newspaper Notice Only Comment Period Application Ending Date Branch Harbor Springs State Bank Harbor Springs, Michigan 2201 E. Mitchell Street Pet oskey, Mi chigan * N - 11-23-92 Branch Harbor Springs State Bank Harbor Springs, Michigan 330 E. Mitchell Street Petoskey, Michigan* N - 11-23-92 Branch Harris Bank of St. Charles St. Charles, Illinois 4 contractual branches at Harris Bank Argo Summit, Illinois 1 contractual branch at N - 11-13-92 J-Ta r*r* o JLj CL ilA XiClX X JL7 O n r r 1 ~ ri/ii ^n ^ JL J CL X JL Xii KF iv • A xl • Barrington, Illinois 1 contractual branch at Harris Bank Wilmette, N.A. Wilmette, Illinois 2 contractual branch at Harris Bank Winnetka, N.A. Winnetka, Illinois 2 contractual branches at Harris Bank Frankfort Frankfort, Illinois 2 contractual branches at Harris Bank Hinsdale, N.A. Hinsdale, Illinois 2 contractual branches at Harris Bank Glencoe-Northbrook, N.A. Glencoe, Illinois 3 contractual branches at Harris Bank Libertyville Libertyvilie, Illinois* Federal Reserve Bank of Chicago Type Section I - Applications Subject to Newspaper Notice Only (Continued Comment Period Application Ending Date Branch Omnibank River Rouge, Michigan Intersection of Woodward & Manchester Highland Park, Michigan* N - 11-13-92 Branch Lake Forest Bank and Trust Company Lake Forest, Illinois Corner of Bank Lane & Wisconsin Avenue Lake Forest, Illinois* N - 11-22-92 Oakar First of America Bank Corporation N - 11-19-92 Kalamazoo, Michigan Champion Federal Savings and Loan Association Bloomington, Illinois First of America Bank-McLean County, National Association Bloomington, Illinois* Oakar ABN AMRO Bank, N.V. Amsterdam, The Netherlands LaSalle Talman Bank, F.S.B. Chicago, Illinois* FR - ** N - ** Oakar ABN AMRO North America, Inc. Chicago, Illinois LaSalle Talman Bank, F.S.B. Chicago, Illinois* FR - ** N - ** Oakar ABN/AMRO Holding, N.V. Amsterdam, The Netherlands LaSalle Talman Bank, F.S.B. Chicago, Illinois* ~FR - ** N - ** Oakar LaSalle National Corporation Chicago, Illinois LaSalle Talman Bank, F.S.B. Chicago, Illinois* FR - ** N - ** Oakar Stichting Administratiekantoor ABN AMRO Holding Amsterdam, The Netherlands LaSalle Talman Bank, F.S.B. Chicago, Illinois* FR - ** N - ** Federal Reserve Bank of Chicago Section I - ADDlications Subiect to Newsoaoer Notice Only (Continued Comment Period Endina Date TYPe Application Oakar Stichting Prioriteit ABN AMRO Holding Amsterdam, The Netherlands LaSalle Talman Bank, F.S.B. Chicago, Illinois* FR - ** N - ** Membership Farmers Bank & Trust (formerly The Farmers National Bank of Webster City) Webster City, Iowa To become a member of the Federal N - ** R e s e r v e System* EFT The Onsted State Bank Onsted, Michigan 102 N. Main Street Brooklyn, Michigan* N - 11-15-92 Membership Community Bank of Elmhurst Elmhurst, Illinois (in organization) To become a member of the Federal Reserve System* N - ** Oakar Royal Bancshares, Inc. Elroy, Wisconsin Hillsboro Branch of AnchorBank, S.S.B. Hillsboro, Wisconsin* N - ** Branch Bank of Lakeview Lakeview, Michigan 7490 Northland Drive Stanwood, Michigan* N - ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaot Register Notice and Federal Comment Period Ending Date Type Application Y-l SC Bancorp, Inc. Worth, Illinois The Sun City Bank Sun City, Arizona* FR - 11-6-92 N - 11-20-92 Y-2 Southwest Bancorp, Inc. Worth, Illinois SC Bancorp, Inc. Worth, Illinois The Sun City Bank Sun City, Arizona* FR - 11-6-92 N - 11-20-92 Y-2 Gibson Investment Company Gibson, Iowa Wingo, Ltd. Brooklyn, Iowa Poweshiek County Savings Bank Brooklyn, Iowa* FR - 11-20-92 N - 11-23-92 CoC-HC Wingo, Ltd. Brooklin, Iowa Roll in R. Harder FR - 11-17-92 N - 11-11-92 Y-2 First Busey Corporation Urbana, Illinois Empire Capital Corporation LeRoy, Illinois LeRoy State Bank LeRoy, Illinois* FR - 11-27-92 N - 11-16-92 Y-l Bourbonnais Bancorp, Inc. Wheaton, Illinois Bank of Bourbonnais Bourbonnais, Illinois* FR - ** N - ** Y-2 Illinois State Bancorp, Inc. Wheaton, Illinois Bourbonnais Bancorp, Inc. Wheaton, Illinois Bank of Bourbonnais Bourbonnais, Illinois Presidential Holdings, Inc. Bourbonnais, Illinois* FR - ** N - ** Federal Reserve Bank of Chicago Type Section II - Applications Subject to Both Newspaper and Federal Register Notice {Continued) Comment Period Application Ending Date Y-l GFH Corp. Elmhurst, Illinois Community Bank of Elmhurst Elmhurst, Illinois (in organization)* FR - ** N - ** Y-2 Heritage Financial Services, Inc. Blue Island, Illinois Alsip Bancorporation, Inc. Alsip, Illinois Alsip Bank and Trust Alsip, Illinois* FR - 10-9-92 N - 10-9-92 Y-2 Peotone Bancorp, Inc. Peotone, Illinois SC Bancorp, Inc. Worth, Illinois The Sun City Bank Sun City, Arizona* FR - ** N - ** Y-l Guaranty Financial, M.H.C. Milwaukee, Wisconsin Guaranty Bank, S.S.B. Milwaukee, Wisconsin* FR - ** N - ** Y-l First Insurance Finance Company Des Moines, Iowa Farmers and Miners Bank Lucas, Iowa* FR - ** N - ** Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Type Application 4(c)(8) Comerica Incorporated Detroit, Michigan William Street Apartments Limited Partnership Ann Arbor, Michigan FR - 11-19-92 4(c)(8) Irwin Financial Corporation Columbus, Indiana Irwin Union Securities, Inc. Columbus, Indiana FR - 11-27-92 Y-4 FBOP Corporation Oak Park, Illinois Fairfield Financial Corporation Oak Park, Illinois FR - 11-20-92 Y-4 First Michigan Bank Corporation Holland, Michigan FMB-Brokerage Services, Inc. Holland, Michigan FR - ** Y-4 Cole-Taylor Financial Group, Inc. Chicago, Illinois Centre Capital Funding Corp. Evanston, Illinois FR - ** Y-4 Northern Trust Corporation Chicago, Illinois Northern Futures Corporation Chicago, Illinois FR - ** 4(C)(8) Citizens Financial Corporation FR - ** Fort Atkinson, Wisconsin To purchase loan participation certificates from their subsidiary 4(c)(8) Cole-Taylor Financial Group, Inc. Northbrook, Illinois Cole Taylor Life Insurance Company, Inc. Wheeling, Illinois FR - ** Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only (Continued) Comment Period Ending Date Type Application 4(c)(8) Cole-Taylor Financial Group, Inc. Northbrook, Illinois Cole Taylor Finance Company, Inc. Wheeling, Illinois FR - ** 4(c)(8) Denmark Bancshares, Inc. Denmark, Wisconsin L. McDonald Insurance Agency, Inc. Denmark, Wisconsin FR - ** 4(c)(8) Marshall & Ilsley Corporation Milwaukee, Wisconsin M&I Capital Markets Group, Inc. Milwaukee, Wisconsin FR - ** 4(c)(8) Citizens Bankshares, Inc. Shawano, Wisconsin Wisconsin Finance Corporation Shawano, Wisconsin FR - ** Y-4 Merchants and Manufacturers Bancorporation, Inc. Greendale, Wisconsin Lincoln Savings Bank, S.A. Milwaukee, Wisconsin FR - ** Y-4 First Insurance Finance Company Des Moines, Iowa To continue to engage in the making and servicing of loans FR - ** Y-4 Amcore Financial, Inc. Rockford, Illinois Rockford Mercantile Agency Rockford, Illinois— To operate as a collection agency FR - ** 4(c)(8) Citizens Financial Corporation Fort Atkinson, Wisconsin Purchase loan participation certificates from its sub, Citizens State Bank FR - ** Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only {Continued) Type Application 4(c)(8) Capital Directions, Inc. Mason, Michigan Monex Investment Co., Inc. Mason, Michigan Comment Period Ending Date FR - ** Federal Reserve Bank of Chicago Section IV - Applications Not Subject to Federal Register or Newspaper Notice Type Application RoS Wingo, Ltd. Brooklyn, Iowa To redeem 10,469 shares of 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 November 13, 1992. If you are interested in obtaining a copy of the evaluation document, please contact the bank(s) directly. Identification of Ratings O-An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. S-An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NI-An institution in this group needs to improve its overall record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SN-An institution in this group has a substantially deficient record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANK NAME/LOCATION -The Garrett State Bank 120 West King Street P.O. Box 29 Garrett, Indiana 46738 (219) 357-3133 EXAMINATION DATE 8/10/92 RATINGS S Federal Reserve Bank of St. Louis FOR THE WEEK ENDING NOVEMBER 13, 1992 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 * Section 3(a)(3) application by Mark Twain Bancshares, Inc., St. Louis, Missouri to acquire First Shawnee Bancshares, Inc., Shawnee, Kansas Change in control notification involving Worthen Banking Corporation, Little Rock, Arkansas by Jackson T. Stephens End of Comment Period Newspaper: 12-10-92 Not yet available SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application End of Comment Period None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Application End of Comment Period Stock redemption notification by DeSoto Bancshares, Inc., DeSoto, Illinois This application is subject to CRA. Not applicable FEDERAL RESERVE BANK OF ST. LOUIS St. Louis, Missouri AVAILABILITY OF CRA PUBLIC DISCLOSURES Identification o f Ratings: Outstanding record o f m eeting community credit needs A n institution in this group has an outstanding record of, and is a leader in, ascertaining a n d helping to m e e t the credit needs of its entire delineated community, including low- a n d moderate-income neighborhoods, in a manner consistent with its resources a nd capabilities. Satisfactory record o f m eeting community credit needs A n institution in this group has a satisfactory record of ascertaining a n d helping to m e e t the credit needs of its entire delineated community, including low- and moderate- income neighborhoods, in a ma n n e r consistent with its resources and capabilities. Needs to im prove record o f meeting community credit needs A n institution in this group needs to improve its overall record of ascertaining a nd helping to m e e t the credit needs of its entire delineated community, including l o w- a nd moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncom pliance in meeting community credit needs A n institution in this group has a substantially deficient record of ascertaining a n d helping to m e e t the credit needs of its entire delineated community, including low- a n d moderate-income neighborhoods, in a manner consistent with its resources and capabilities. FOR THE WEEK ENDING Name of Bank None November 13, 1992 Bank Address Examination Date Examination Rating FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to Newspaper Notice Only Comment Period Endina Date Application None. Section II - Applications Subject to Both Newspaper and Federal Register Notice Aoolication Charles Wangensteen To increase his control from 9.99% to 10.00% of Chisholm Bancshares, Inc., Chisholm, MN* First Wilton Bancshares, Ltd. Wilton, ND To acquire 88% of the voting shares of First State Bank of Wilton, Wilton, ND* Comment Period Endincr Date 12-3-92 (Federal Register) 10-29-92 (Newspaper) Charles R. Celania, Harold R. Wanke, and Otto Baltrusch To increase their combined ownership from 13.96% to 25.17% of the First Security Bank of Havre, Havre, MT* 12-9-92 (Federal Register) Lucan Bancshares, Inc. Lucan, MN To acquire 95.4% of the voting shares of State Bank of Lucan, Lucan, MN* Not yet available Bank of Montana System Great Falls, MT To acquire 100% of the voting shares of Montana Bancsystem, Inc., Billings, MT* Not yet available ♦Subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application Marquette Bancshares, Inc. Mpls, MN To engage de novo in furnishing employee benefit services to third parties. Not yet available Ormsby Bancshares, Inc. Ormsby, MN To engage de novo in making and servicing loans. Not yet available Norwest Corporation Mpls, MN To engage de novo in community development activities. Not yet available Norwest Corporation Mpls, MN To engage in data processing activities through the acquisi tion of the assets of Compre hensive Computer Solutions, Inc., Spring Valley, NY Not yet available Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Lake Elmo Bank Profit Sharing Plan and The Lake Elmo Bank Profit Sharing Trust Lake Elmo, MN To redeem 5% of its net assets available for plan benefits. FEDERAL RESERVE BANK OF MINNEAPOLIS Section V - Availability of CRA Public Evaluations week ending November 13, 1992 ASSIGNMENT OF RATING Identification of Ratings In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following groups: OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low-and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANK (S ) EXAMINED First Security Bank of Laurel P. 0. Box 277 Laurel, MT 59044-0277 (406) 628-4318 DATE OF EXAMINATION August 3, 1992 CRA RATING Satisfactory Federal Reserve Bank of Kansas City SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE Belcaro Bank, Glendale, Colorado, for prior approval to merge with Denver Tec Bank, Denver, Colorado, and The Professional Bank of Colorado, Englewood, Colorado, and to establish branches pursuant to section 9 of the Federal Reserve Act. Not Available The First National Bank of Fairland, Fairland, Oklahoma, for prior approval to retain membership in The Federal Reserve System as a state chartered bank. Not Available SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING DATE Wilson Bancshares, Inc., Weston, Missouri, to waive the filing requirements to acquire 100 percent of Landmark KCI Bank, Kansas City, Missouri.* Not Available Midstate Bancorp, Hinton, Oklahoma, for prior approval to acquire 100 percent of the voting shares of First Community Bank, Blanchard, Oklahoma.* 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 First National Bancshares of Dodge City, Dodge City, Kansas, for prior approval to redeem 1,027,777 shares of its own preferred stock. Not Available Federal Reserve Bank of Kansas City SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS Identification of Ratings In c o n n e c t i o n with the assessment of e a c h institution's CRA performance, a rating is following groups: insured depository assigned from the Outstanding record of meeting community credit needs A n i n s t i t u t i o n in t h i s g r o u p has a n o u t s t a n d i n g r e c o r d o f a s c e r t a i n i n g a n d h e l p i n g to m e e t the c r e d i t n e e d s of its entire delin e a t e d community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs A n i n s t i t u t i o n in t h i s g r o u p has a s a t i s f a c t o r y r e c o r d o f a s c e r t a i n i n g a n d h e l p i n g to m e e t the c r e d i t n e e d s of i ts e n tire d e l i n e a t e d community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs A n i n s t i t u t i o n in t h i s g r o u p n e e d s to i m p r o v e i t s o v e r a l l r e c o r d of a s c e r t a i n i n g a n d h e l p i n g to m e e t t h e c r e d i t n e e d s of its e n t i r e d e l i n e a t e d community, i n c l u d i n g l o w - a n d m o d e r a t e income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs A n i n s t i t u t i o n in t h i s g r o u p h a s a s u b s t a n t i a l l y d e f i c i e n t r e c o r d of a s c e r t a i n i n g a n d h e l p i n g to m e e t t h e c r e d i t n e e d s of its e n t i r e d e l i n e a t e d community, i n c l u d i n g l o w - a n d m o d e r a t e income neighborhoods, in a manner consistent with its resources and capabilities. CRA Bank/Location Exam Date First State Bank P . O . B o x 7 97 Taos, New M e x i c o *Application is of Taos 07-20-92 87571-0797* subject to CRA. Public Date 11-02-92 CRA Rating Satisfactory FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF NOVEMBER 9, 1992 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP *Section 9 application received from Alice Bank of Texas, Alice, TX (currently Alice National Bank, Alice, TX) to become a member of the Federal Reserve System (Previously reported during the week of 10-5-92) 92/11/28 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP Change in Control Notice by Willis Hedges and Shirley Hedges; Arthur Hedges; Forrest Tiller; and Billy Tiller and Christal Tiller, Sudan, TX, to acquire an interest in Sudan Bancshares, Inc., Sudan, 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. SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS FOR THE WEEK OF NOVEMBER 9, 1992 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 lowand 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 grouphas 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 Date of Examination CRA Rating The following is a correction to our MiniH2 for the week of October 19, 1992. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP ♦Section 3(a)(3) application by Texas East Bancorp, Inc., Jacksonville, TX, to acquire: The First State Bank, Big Sandy, TX; Texas National Bank, Longview, TX; First State Bank, Rusk, TX; First State Bank, Timpson, TX; and First National Bank of Whitehouse, Whitehouse, TX 92/11/07 ♦Section 3(a)(5) applications by TEB, Inc., Wilmington, DE, to merge with: Cherokee Bancorp, Inc., Longview, TX; Whitehouse Financial Corporation, Whitehouse, TX; Timpson Financial Corporation, Timpson, TX; WHIFIN, Inc., Wilmington, DE; CBC, Inc., Wilmington, DE; and TFC, Inc., Wilmington, DE 92/11/07 FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 11/13/92 Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date None Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date None Section III - Applications Subject to Federal Register Notice Only Application Comment Period Ending Date None Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice None* * Subject to CRA FEDERAL RESERVE BANK OF SAN FRANCISCO (cont'd.) Week ending 11/13/92 Section V - Availability of CRA Public Evaluations The CRA public evaluations of the institution(s) below became available during the week ending November 13, 1992. Information about a particular institution's CRA evaluation may be obtained directly from the institution. Institution Location First Interstate Bank of California 707 Wilshire Blvd. Los Angeles, CA 90017 Tel: (213) 614-4111* Examination Date 8/10/92 Rating* Satisfactory * 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.