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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 f Trust.
t
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*JL o
XiClX X7 O JLj CL ilA

n r ~ r^ ^
KF •
JL J CL X JL Xii r 1 i/ii n iv • xl A

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
S . Louis, Missouri
t

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 ( ) EXAMINED
S
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.




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