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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1995, No. 46 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending November 18, 1995 ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK HOLDING COMPANIES Fleet Financial Group, Providence, Rhode Island -- to acquire Shawmut National Corporation, Hartford, Connecticut, and Boston, Massachusetts; and for Fleet Bank, Albany, New York, to merge with Shawmut Bank New York, Schenectady, New York, and to establish branches; and for Fleet Bank-NH, Nashua, New Hampshire, to merge with Shawmut Bank NH, Manchester, New Hampshire, and to establish branches. Approved, November 14, 1995. INTERNATIONAL OPERATIONS NationsBank N.A., Charlotte, North Carolina -- to establish a branch in Seoul, Korea. Permitted, November 17, 1995. REGULATIONS AND POLICIES Reserves -- amendment to Regulation D to decrease the 3 percent low reserve tranche for net transaction accounts; to increase amount of reservable liabilities subject to a zero percent reserve requirement; and to increase the deposit reporting cutoff level for 1996 (Docket R-0901). Approved, November 14, 1995. ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY ABBREVIATIONS: BS&R - Baulking Supervision and Regulation; C&CA - Consumer and Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve Bank Operations; IF - International Finance; OSDM - Office of Staff Director for Management BANK BRANCHES. DOMESTIC Chicago Bankers Trust Company, Des Moines, Iowa --to establish an automated teller machine at Kum & Go, 3200 Southeast 14th Street. Approved, November 13, 1995. Atlanta Barnett Bank of Pasco County, Port Richey, Florida -to establish a branch at 13707 Dallas Drive, Hudson, Florida. Approved, November 13, 1995. H.2 NOVEMBER 13, 1995 PAGE 2 TO NOVEMBER 17, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK BRANCHES. DOMESTIC Chicago Comerica Bank, Detroit, Michigan --to establish two off-site electronic facilities at Book Tower, 2800 Book Tower, and Justin Music at 14621 Fenkell. Approved, November 14, 1995. St. Louis First Bank of Arkansas, Searcy, Arkansas -- to establish a branch at 1621 Capps Freeway. Approved, November 17, 1995. San Frame isco Liberty Bank, South San Frameisco, California --t o establish a branch in the vicinity of Highway 9 and Mill Street, Ben Lomand, California. Returned, November 16, 1995. Richmond Virginia Community Bank, Louisa, Virginia -- to establish a branch at 701 South Main Street, Culpeper, Virginia. Approved, November 17, 1995. Chicago 1st Source Bamk, South Bend, Indiana -- to establish a branch at 1209 Calumet Avenue, Valparaiso, Indiana. Approved, November 16, 1995. BANK HOLDING COMPANIES St. Louis ASB Corporation, Osceola, Arkansas -- to acquire American State Bank. Approved, November 15, 1995. St. Louis Bren-Mar Properties, Inc., Columbia, Missouri -- to acquire Jack's Fork Bancorporation, Inc., Columbia, Missouri. Approved, November 13, 1995. Atlanta Century South Banks, Inc., Dahlonega, Georgia -- to acquire Bank of Danielsville, Danilesville, Georgia. Approved, November 16, 1995. Director, BS&R FC Banc Corporation, Bucyrus, Ohio -- registration as a transfer agent. Approved, November 17, T995. H .2 NOVEMBER 13, 1995 PAGE 3 TO NOVEMBER 17, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Dallas FCBI Delaware, Inc., Wilmington, Delaware -- request for waiver of application to acquire Fort Hood National Barnk, Fort Hood, Texas. Approved, November 14, 1995. Director, BS&R First of America Bank Corporation, Kalamazoo, Michigan -- to provide additional capital to its section 20 subsidiary, First of America Securities, Inc. Approved, November 14, 1995. Kamsas City Geneva State Company, Geneva, Nebraska -- to engage in community development activities by investing in Bicentennial Apartments. Withdrawn, November 17, 1995. Chicago Greatbanc, Inc., Aurora, Inc., Aurora, Illinois -- to engage in acting as agent or broker for creditrelated insurance through Local Loan Company, Chicago Heights, Illinois. Permitted, November 16, 1995. Dallas Hillister Enterprises II, Inc., Beaumont, Texas -- to acquire one percent of Umphrey II Family Limited Partnership; Southeast Texas Bancshares, Inc., and Community Bank of Texas. Approved, November 16, 1995. Kamsas City Hoeme Family Partnership, Scott City, Kansas --to increase ownership of First National Bancshares of Scott City. Approved, November 13, 1995. St. Louis Mercantile Bancorporation, St. Louis, Missouri -- to acquire First Sterling Bancorp, Inc., Sterling, Illinois, and First National Bank of Sterling-Rock Falls. Approved, November 13, 1995. Sam Francisco Neighborhood Bancorp, Sam Diego, California -- to engage in community development activities through Neighborhood Capital Advisors. Returned, November 15, 1995. H.2 NOVEMBER 13, 1995 PAGE 4 TO NOVEMBER 17, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES San Francisco Neighborhood Bancorp, San Diego, California --to engage in community development activities through Neighborhood Capital Advisors. Returned, November 15, 1995. San Francisco Neighborhood Bancorp, San Diego, California --to acquire Neighborhood Development Bank, National Association. Returned, November 15, 1995. San Francisco Neighborhood Bancorp, Sam Diego, California --to engage in community development activities through Neighborhood Housing Development Corporation. Returned, November 15, 1995. Boston New England Community Bancorp, Inc., Windsor, Connecticut -- to acquire The Equity Bank, Wethersfield, Connecticut. Approved, November 16, 1995. Kansas City Norcon Financial Corp., Conway Springs, Kansas -- to acquire The First National Bank of Conway Springs and the Farmers State Bank of Norwich, Norwich, Kansas. Approved, November 14, 1995. Kansas City R. Banking Limited Partnership, Oklahoma City, Oklahoma, and BancFirst Corporation --to acquire and merge with Johnston County Bancshares, Inc., Tishomingo, and BancFirst, Oklahoma City, to merge with Bank of Johnson County, Tishomingo, Oklahoma. Approved, November 16, 1995. Chicago Shorebank Corporation, Chicago, Illinois -- extension to February 18, 1996, to acquire U.S. Bank of Southwest Washington, Vancouver, Washington. Approved, November 17, 1995. Atlanta South Florida Banking Corporation, Bonita Springs, Florida --to engage de novo in lending activities and purchasing loan participations generated by First National Bank of Florida at Bonita Springs. Permitted, November 14, 1995. H. 2 NOVEMBER 13, 1995 PAGE 5 TO NOVEMBER 17, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Dallas Umphrey II Family Limited Partnership, Beaumont, Texas -- to acquire Southeast Texas Bancshares, Inc., and Community Bank of Texas. Approved, November 16, 1995. St. Louis United Bancorp, Inc., Madisonville, Kentucky -- to acquire First United Bank of Hopkins County, Inc. Approved, November 14, 1995. BANKS. STATE MEMBER Director, BS&R Bryn Mawr Trust Company, Bryn Mawr, Pennsylvania -registration as transfer agent. Approved, November 16, 1995. Kansas city Community Bank & Trust Company, Neosho, Missouri -payment of a dividend. Approved, November 13, 1995. CAPITAL STOCK Chicago Baxter Insurance Agency, Inc., Baxter, Iowa -redemption of shares. Approved, November 16, ,1995. Kansas City First Broken Arrow Corporation, Broken Arrow, Oklahoma -- redemption of shares. Approved, November 15, 1995. CHANGE IN BANK CONTROL Kansas City Colorado Business Bankshares, Inc., Denver, Colorado -- change in bank control. Permitted, November 15, 1995. Kansas City First Ada Bancshares, Inc., Ada, Oklahoma -- change in bank control. Permitted, November 14, 1995. Kansas City First National Bancshares of Scott City, Scott City Kansas -- change in bank control. Permitted, November 13, 1995. H.2 NOVEMBER 13, 1995 PAGE 6 TO NOVEMBER 17, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CHANGE IN BANK CONTROL Dallas First State Bancshares, Inc., Spearman, Texas -change in bank control. Returned, November 14, 1995. COMPETITIVE FACTORS REPORTS San Francisco Alameda First National Bank, Alameda, California, proposed merger with Centennial Bank, Castro Valley, California -- report on competitive factors. Submitted, November 13, 1995. San Francisco American Express Deposit Corporation, Midvale, Utah, proposed merger with American Express Centurion Bank, Wilmington, Delaware -- report on competitive factors. Submitted, November 13, 1995. Dallas American State Bank, Lubbock, Texas, proposed merger with the Farwell, Floydada, Littlefield, Muleshoe, and Plainview, Texas, branches of Bank of America Texas, National Association, Irving, Texas -report on competitive factors. Submitted, November 15, 1995. Philadelphia Citizens National Bank of Lansford, Lansford, Pennsylvania, proposed merger with Farmers and Merchants Bank, Honesdale, Pennsylvania -- report on competitive factors. Submitted, November 17, 1995. New York City National Bank of New Jersey, Newark, New Jersey, proposed purchase of the assets and assumption of certain liabilities of the Newark South Side branch at 1080 Bergen Street of NatWest Bank, National Association, Jersey City, New Jersey -- report on competitive factors. Submitted, November 15, 1995. New York Colonial State Bank, Freehold, New Jersey, proposed merger with Interim Sovereign Federal Savings Bank, Wyomissing, Pennsylvania -- report on competitive factors. Submitted, November 13, 1995. H.2 NOVEMBER 13, 1995 PAGE 7 TO NOVEMBER 17, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Minneapolis Firstar Bank of Minnesota, N.A., Bloomington, Minnesota, proposed merger with Firstar Trust Company of Minnesota, Minneapolis, Minnesota -report on competitive factors. Submitted, November 17, 1995. Chicago Firstar Bank Wausau, National Association, Wausau, Wisconsin, proposed merger with Firstar Bank Wisconsin Rapids, National Association, Wisconsin Rapids, Wisconsin -- report on competitive factors. Submitted, November 13, 1995. Atlanta FirstMerit Bank, N.A., Naples, Florida, proposed merger with FirstMerit, F.S.B., Clearwater, Florida -- report on competitive factors. Submitted, November 15, 1995. Chicago Hawkeye Bank of Cedar Rapids, Cedar Rapids, Iowa, proposed merger with Hawkeye Bank of Vinton, Vinton, Iowa, and Hawkeye Bank of Tipton, Tipton, Iowa -- report on competitive factors. Submitted, November 13, 1995. Atlanta Jefferson Bank of Broward, Lauderdale Lakes, Florida, proposed merger with Peoples National Bank of Commerce, Miami, Florida -- report on competitive factors. Submitted, November 15, 1995. Dallas Muleshoe State Bank, Muleshoe, Texas, proposed acquisition of the assets and assumption of the liabilities of branches at 203 Avenue D, Farwell, and 304 Main Street, Muleshoe, Texas of Bank of America, N.A., Irving, Texas -- report on compet it ive factors. Submitted, November 17, 1995. Minneapolis NorweSt Bank South Dakota, N.A., Sioux Falls, South Dakota, proposed merger with Farmers National Bank, Viborg, South Dakota -- report on competitive factors. Submitted, November 14, 1995. H.2 NOVEMBER 13, 1995 PAGE 8 TO NOVEMBER 17, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Chicago Parkway Bank of Illinois, Carpentersville, Illinois, proposed merger with Parkway Bank of Schaumburg, Schaumburg, Illinois -- report on competitive factors. Submitted, November 17, 1995. Richmond United Carolina Bank, Whiteville, North Carolina, proposed merger with Seaboard Savings Bank, Inc., SSB, Plymouth, North Carolina -- report on competitive factors. Submitted, November 13, 1995. EXTENSIONS OF TIME Atlanta American Bancshares, Inc., Bradenton, Florida -extension to February 29, 1996, to acquire American Bank of Bradenton. Granted, November 15, 1995. San Francisco BankAmerica Corporation, San Francisco, California -extensions to divest certain properties. Granted, November 14, 1995. Director, BS&R BankAmerica Corporation, San Francisco, California -extension to divest certain property. Granted, November 14, 1995. Chicago Cole Taylor Bank, Chicago, Illinois -- extension to October 19, 1996, to establish a branch at Broadview Village Square Shopping Center, 17th Avenue & Cermak Road, Broadview, Illinois. Granted, November 16, 1995. Dallas Coupland Bancshares, Inc., Coupland, Texas -extension tg February 14, 1996, to acquire Coupland „ Bancshares-Nevada, Inc., Carson City, Nevada, and Coupland State Bank of Coupland, Coupland, Texas. Granted, November 16, 1995. Dallas Coupland Bancshares-Nevada, Inc., Carson City, Nevada -- extension to February 14, 1996, to acquire Coupland State Bank of Coupland, Coupland, Texas. Granted, November 16, 1995. H .2 NOVEMBER 13, 1995 PAGE 9 TO NOVEMBER 17, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME Richmond First Bancorp, Inc., Lebanon, Virginia -- extension to December 5, 1995, to establish First Bank and Trust Company of Tennessee, Johnson City, Tennessee. Granted, November 14, 1995. San Francisco Wells Fargo and Company, San Francisco, California -extension to divest certain property, Granted, November 14, 1995. Chicago M&I Bank Fox Valley, Appleton, Wisconsin -- to become a member of the Federal Reserve System. Approved, November 17, 1995. MEMBERSHIP REGULATIONS AND POLICIES Secretary FOMC Federal Open Market Committee -- minutes of the meeting on September 26, 1995. Published, November 17, 1995. H.2 ADDITIONS AND CORRECTIONS NOVEMBER 13, 1995 PAGE 10 TO NOVEMBER 17, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Atlanta Enterprise Bank of At1amta, Dunwoody, Georgia, proposed merger with Enterprise Interim Bank -report on competitive factors'. Submitted, November 10, 1995. Atlanta First American Bank of Pensacola, N.A., Pensacola, Florida, proposed merger with First American Interim Bank of Pensacola -- report on competitive factors. Submitted, November 10, 1995. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS SECTION I - APPLICATIONS SUBJECT TQ NEWSPAPER NOTICE ONLY Application Comment Period Ending Date NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NBMfiEAFBB M P .FBPBRAL RBSISTBR NOTICE Comment Period Ending Date Application NONE SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Application Comment; Period Ending. Date NONE SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS Institution Examination Date Rating** NONE ♦Subject to CRA. ♦♦Rating Definitions: "0" - Outstanding; "S" - Satisfactory; Improve; "SN" - Substantial Noncompliance. "N" - Needs to Federal Reserve Bank of New York Comment Period — Ertdlhg nai-ft SECTION I Applications Subject to Newspaper ___________Hptice,.-flply---------Fleet Bank, Albany, New York, to establish an offsite electronic facility at Crossgates Mall, One Crossgate Mall Road, Albany, New York. 1/ Manufacturers and Traders Trust Company, Buffalo, New York, to establish a branch at Topps Markets Inc., 345 :Amherst Street, Buffalo, New York. 1/ 12/12/95 , 12/14/95 SECTION II Applications Subject to Both Newspaper and Federal Register Notice UJB Financial Corp., Princeiton, New Jersey CUJB Financial1*) pursuant to Section 3(a)(5); of the Bank Holding Company Act of 1956, as amended (the "BHC Act"), to merge with The Summit Bancorporation, .Chatham, New Jersey ("Summit"). UJB Financial also seeks the Board's approval, pursuant to Section 3(a)(3) of the BHC Act, to acquire up to 19.9 percent of the voting shares of Summit through the exercise of options granted by Summit in connection with the bank holding company merger proposal. United Jersey Bank, Hackensack, New Jersey ("UJB"), UJB Financial's bank subsidiary, has also applied, pursuant to Section 18(c) of the Federal Deposit Insurance Act, as amended (the "FDI Act"),\ to merge with Summit Bank, Chatham, New Jersey, under the charter and title of UJB and, incident thereto, to establish branches at current Summit Bank branch locations pursuant to Section 9 of the Federal Reserve Act. 1/ 12/22/95 -2/ SECTION II X , Nonbanking Applications (sub-iect to Federal Register Notice Only) National Westminster Prima Limited, London, England, to acquire the following U.S. subsidiaries, and thereby to engage in their activities: (l) to acquire 10.53 percent of Infinet Payment Services Inc., Hackensack, New Jersey, in data processing, pursuant to Section 225.25(b)(7) of Regulation Y, and check-guaranty services pursuant to Section 225.25(b)(22) of Regulation Y; (2) Natwest Securities Corporation, New York, New York, to engage in securities activities, including securities brokerage and financial and investment advisory activities, both separately and on a combined basis, for institutional customers, pursuant to Section 225.25(b)(15) of Regulation Y and Board Order; (3) NatWest International Securities Inc., New York, New 'fork, in and Board Order; (3) NatWest International Securities Inc., New York, New York, in securities brokerage activities pursuant to Section 225.25(b)(15) of Regulation Y; (4) Westminster Research Associates Inc., New York, New York in certain securities brokerage activities pursuant to Section 225.25(b)(15) of Regulation Y; (5) NatWest Investment Management, Inc., Boston, Massachusetts, in investment advisory activities pursuant to Section 225.25(b)(4) and Section 225.25(b)(19) of Regulation Y; (6) NatWest Markets Leasing Corporation, New York, New York, in lending and leasing activities pursuant to Sections 225.25(b)(1) and 225.25(b)(5) of Regulation Y; (7) NatWest Equity Corporation, New York, New York, in lending activities pursuant to Section 225.25(b)(1) of Regulation Y; and (8) NatWest Leasing Corporation, New York, New York, in lending and leasing activities pursuant to Sections 225.25(b)(1) and 225.25(b)(5) of Regulation Y, all as a result of the creation of a new intermediate bank holding company because of a proposed recapitalization of NatWest Holdings, Inc. N/A SECTION IV Applications Not Involving ______Public Comment______ None. SECTION V &Yailabllity-flf.ERA.. 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 an 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. Weak Ending November 18. 1995 NAME, OF BANK EATING examination date None. 1/ 2/ 2/ 1/ 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 Availables FEDERAL RESERVE BANK OF PHILADELPHIA Section I - APPLICATIONS RECEIVED AND SUBJECT TO NEWSPAPER NOTICE ONLY New Century Bank fin Organization), Phoenixville, PA, for approval to become a member of the Federal Reserve System, pursuant to section 9 of the Federal Reserve Act* Newspaper Notice comment period expires: 11/22/95 Dauphin Deposit Bank and Trust Company* Harrisburg, PA to establish a branch office at 5021 Route 873, Schnecksville, PA, pursuant to Section 9 of the FR Act* Newspaper Notice comment period expires: 12/08/95 Dauphin Deposit Bank and Trust Company, Harrisburg, PA to establish a branch office at 2190 East High Street, Pottstown, PA, pursuant to Section 9 of the FR Act* Newspaper Notice comment period expires: 12/08/95 SECTION XI - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Drovers Bancshares Corporation* York, PA, is the subject of a Change in Bank Control filed by Robert H. Stewart, Jr*, Karylee Gilbert, Terrence S* Stewart, and Gary A* Stewart, et al., York, PA, to retain control of up to 15% of the holding company, pursuant to the Change in Bank Control Act* Federal Register comment period expires: Newspaper Notice comment period expires: 11/27/95 N/Avail Norwood Financial Corp** Honesdale, PA to become a bank holding company through the acquisition of 100% of the voting shares of Wayne Bank, Honesdale, PA, pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956, as amended* Federal Register comment period expires: Newspaper Notice comment period expires: N/Avail N/Avail SECTION III ~ APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL REGISTER NOTICE ONLY NONE SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE NONE 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 17, 1995. Identification of Ratings In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following groups: Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs. An institution in this group needs to improve itsoverall 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 CRA Rating NONE NONE NONE F ederal Reserve B ank of C leveland P. O. BOX 6387 CLEVELAND, OHIO 44101-1387 APPLICATIONS BULLETIN (For the week ending November 18, 1995) SECTION I - APPLICATIONS SUBJECT TO NEW SPAPER NOTICE ONLY NONE n SECTION - APPLICATIONS SUBJECT TO BOTH NEW SPAPER AND FEDERAL REGISTER NOTICE Received Section 4(c)(8) notice from Montgomery Bancoiporation, Inc., Mt. Sterling, Kentucky, on November 17, 1995, to acquire Traditional Bank, FSB, Lexington, Kentucky, a de novo thrift institution. *N: November 24, 1995 SECTION m - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Received Section 4(c)(8) notice from Colonial Banc Corp., Eaton, Ohio, on November 13, 1995, of its intent to establish Financial Services, Inc., Eaton, Ohio, and engage in real estate appraisal services pursuant to Section 225.25(b)(13) of Regulation Y. Not Yet Known # SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEW SPAPER NOTICE NONE * - Subject to CRA N - Newspaper Comment Period F - Federal Register Comment Period # - Expected to End 30 Days from Date of Receipt AVAILABILITY OF CRA PUBLIC EVALUATIONS (November 17, 1995) 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 17, 1995. 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 low- and 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 moderate-income 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 low- and 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 Bank of Essex, Tappahannock, Virginia, to acquire the West Point, Virginia, branch of First Union National Bank of Virginia, Roanoke, Virginia.* 12-7-95 Virginia Commerce Bank, Arlington, Virginia, to establish a branch at 6500 Williamsburg Boulevard, Arlington, Virginia.* 12-10-95 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Highland Bankshares, Inc., Abingdon, Virginia, to become a bank holding company through the acquisition of 100% of the voting shares of Highlands Union Bank, Abingdon, Virginia.* Calvin B. Taylor Bankshares, Inc., Maryland, to become a bank holding through the acquisition of 100% of shares of Calvin B. Taylor Banking Berlin, Maryland.* 11-27-95 Berlin, company the voting Company, 12-8-95 Monocacy Bancshares, Inc., Taneytown, Maryland, to acquire 100% of the voting shares of Royal Oak Savings Bank, F.S.B., Randallstown, Maryland.* 12-16-95 Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date Community Capital Corporation, Greenwood, South Carolina, to engage in providing courier services* Not yet available. Section IV - Application Not Subject to Federal Register Notice or Newspaper Notice Application None. *Application is subject to CRA requirements. Federal Reserve Bank of Richmond Availability of CRA Public Evaluations Week ending November 17, 1995 Definition of Ratings Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs. An institution in this group needs to improve its overall record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Examination Date Rating F & M Bank-Winchester 115 North Cameron Street Winchester, Virginia 22601 8-21-95 Outstanding Bank of the Commonwealth 403 Boush Street Norfolk, Virginia 23510-1200 8-28-95 Satisfactory F & M Bank-Potomac 230 Herndon Parkway Herndon, Virginia 22070 8-28-95 Satisfactory 8-28-95 Satisfactory Putnam County Bank 2761 Main Street Hurricane, West Virginia 25526 Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending November 17, 1995 Section 1 - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Republic Security Bank 11-27-95* West Palm Beach, Florida To merge with Century Bank, F.S.B., Sarasota, Florida, pursuant to Section 18(c) of the Federal Deposit Insurance Act. Bank South 12-07-95* Atlanta, Georgia To establish a branch located at 4995 Jimmy Carter Boulevard, Norcross, Georgia, to be known as the Norcross Drive Thru Facility. Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Citizens Community Bancshares, Inc. 11-24-95* Marco Island, Florida Federal Register 1-BHC formation, Citizens Community Bank of Florida, Marco Island, Florida (in organization). Central and Southern Holding Company Not yet available* Milledgevilie, Georgia To convert one of its two bank subsidiaries, Central and Southern Bank of Greensboro, Greensboro, Georgia, into a savings association and thereby engage de novo in operating a savings association, pursuant to Section 225.25(b)(9) of Regulation Y and Section 4(c)(8) of the Bank Holding Company Act. The transaction will be accomplished through the merger of Central and Southern Bank of Greensboro into Central and Southern Bank of North Georgia, Greensboro, Georgia, an interim thrift subsidiary of Notificant. Company will survive the merger and operate under the name Central and Southern Bank of North Georgia. Section 3 - Applications Subject to Federal Register Only Application Comment Period Ending Date First American Corporation Not yet available Nashville, Tennessee To acquire 67 percent of the outstanding shares of The SSI Group, Inc., Mobile, Alabama, and thereby engage in certain data processing activities, and certain collection activities, pursuant to Section 225.25 (b) (7) and Section 225.25 (b) (23) of Regulation Y. Section 4 - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None. Subject to provisions of the Community Reinvestment Act. Federal Reserve Bank of Atlanta Applications Bulletin tor....Weak.finding Npyambor 17. 1995 Section 10 - Availability of CRA Public Evaluations The CRA public evaluations of the insured depository institutions listed below became available during this week. Information about an institution's CRA evaluation may be obtained directly from the institution. In connection with the assessment of an institution's CRA performance, a rating is assigned from the following groups: Outstanding record of meeting community credit needs: An institution has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs: An institution has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Meeds 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 noncomn 1 lance 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. Bank Rating Examination Date SunTrust Baulk, Tampa Bank Post Office Box 3303 Tampa, Florida 33601 (813)224-2121 Outstanding 06-05-95 F e d e ra l Re serve Bank o f A tla n ta A p p lic a tio n s B u lle t in f o r Week Ending November 17, 1995 Recently Approved Applications jBpryval Date Barnett Bank of Pasco County 11-13-95 New Port Richey, Florida To establish a branch located at 13707 Dallas Drive, Hudson, Florida, to be known as the Windsor Woods Office. South Florida Banking Corporation 11-14-95 Bonita Springs, Florida To engage de novo in making, acquiring, or servicing loans or other extensions of credit, pursuant to Section 225.25(b)(1) of Regulation Y and Section 4(c)(8) of the Bank Holding Company Act, by purchasing loan participations generated by its subsidiary bank, First National Bank of Florida at Bonita Springs, Bonita Springs, Florida. Century South Banks, Inc. Dahlonega, Georgia To acquire Bank of Danielsville, Danielsville, 3(a)(3) of the Bank Holding Company Act. 11-16-95 Georgia, pursuant to Section Federal Reserve Bank o f Chicago Section I - Applications Subject to Newspaper Notice Only I m . Application Comment Period Ending Date Merger/Branch Hawkeye Bank of Des Moines Des Moines, Iowa Hawkeye Bank o f Ankeny Ankeny, Iowa 305 S. Ankeny Blvd. Ankeny, Iowa N P - ** Merger Tri-County Bank Brown City, Michigan Peck, Michigan branch of NBD Bank Detroit, Michigan N P - 11-23-95 Merger Tri-County Bank Brown City, Michigan Yale, Michigan branch of NBD Bank Detroit, Michigan NP - 11-25-95 Merger/Branch Chemical Bank Bay Area Bay City, Michigan Chemical Bank Huron Standish, Michigan 220 S. Main Street Standish, Michigan N P - ** Branch Chemical Bank Bay Area Bay City, Michigan 144 W. Huron AuGres, Michigan NP -** Branch Chemical Bank Bay Area Bay City, Michigan 211 Harrison Prescott, Michigan NP - ** Branch Chemical Bank Bay Area Bay City, Michigan 3858 N. M-13 Pinconning, Michigan NP - ** Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Continued Comment Period Ending Date Type Application Branch First Farmers Bank & Trust Company Converse, Indiana 10077 North State Road 37 Elwood, Indiana N P - 11-27-95 Branch Byron Center State Bank Byron Center, Michigan 4350 44th Street Grandville, Michigan NP - 11-23-95 Branch Citizens Bank and Trust Company Belle Plaine, Iowa 706-12th Street Belle Plaine, Iowa NP - 12-1-95 Branch Comerica Bank Detroit, Michigan 1116 Robbins Road Grand Haven, Michigan NP - 11-24-95 EFT M&I First American Bank Wausau, Wisconsin 200 3rd Street Wausau, Wisconsin N P - ** EFT M&I Mid State Bank Stevens Point, Wisconsin 1000 East Riverview Express Wisconsin Rapids, Wisconsin NP - 12-8-95 EFT M&I Marshall & Ilsley Bank Milwaukee, Wisconsin 2523 East Oklahoma Avenue Milwaukee, Wisconsin _ ** Federal Reserve Bank o f Chicago Section I - Applications Subject to Newspaper Notice Only Continued Comment Period Ending_.DjLte Type Application EFT M&I Marshall & Ilsley Bank Milwaukee, Wisconsin 7700 West Brown Deer Road Brown Deer, Wisconsin NP - ** EFT M&I Marshall & Ilsley Bank Milwaukee, Wisconsin 5300 South 76 Street Greendale, Wisconsin N P - ** EFT M&I Marshall & Ilsley Bank Milwaukee, Wisconsin 2900 West Oklahoma Avenue Milwaukee, Wisconsin NP - ** Merger/Branches Firstar Bank Minocqua Minocqua, Wisconsin Firstar Bank Madison, N.A. Madison, Wisconsin Firstar Bank Wausau, N.A. Wausau, Wisconsin Firstar Bank Grantsburg, N.A. Grantsburg, Wisconsin Firstar Bank Eau Claire, N.A. Eau Claire, Wisconsin Firstar Bank Rice Lake, N.A. Rice Lake, Wisconsin Firstar Bank Manitowoc Manitowoc, Wisconsin Firstar Bank Oshkosh, N.A. Oshkosh, Wisconsin Firstar Bank Green Bay Green Bay, Wisconsin Firstar Bank Fond du Lac, N.A. Fond du Lac, Wisconsin Firstar Bank Sheboygan, N.A. Sheboyan, Wisconsin Firstar Bank Appleton Appleton, Wisconsin and thereby establish 54 branches NP - ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date ly e s AoDlication Y-l CJSB Bancorporation Columbus Junction, Iowa Columbus Junction State Bank Columbus Junction, Iowa* NP - ** FR - ** Y-2 Dentel Bancorporation Victor, Iowa Corydon Bancorporation Corydon, Iowa Corydon State Bank Corydon, Iowa* FR - 10-31-95 NP - 12-1-95 Y-2 United Community Bancorp Chatham, Illinois State Bank of Auburn Auburn, Illinois* FR - 11-27-95 NP - 11-5-95 COC-HC WFC, Inc. Waukov Iowa Alan J . Johnson Robert A. Schultz FR - 11-16-95 NP - 10-10-95 Y-2 WFC, Inc. Waukon, Iowa Viking State Bank & Trust Decorah, Iowa (in organization)* FR - 11-24-95 NP - 10-10-95 Y-2 Heritage Financial Services, Inc. Tinley Park, Illinois First National Bank of Lockport Lockport, Illinois* FR - 11-24-95 NP - 11-22-95 Y-2 F & M Bancorporation, Inc. Kaukauna, Wisconsin Monycor Bancshares, Inc. Superior, Wisconsin Monycor Bank of Superior Superior. Wisconsin* FR - 12-7-95 NP - 11-27-95 Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Continued 3 ' m Application Comment Period Ending Date Y-2 ISB Financial Corp. Iowa City, Iowa W.S.B. Inc. Washington, Iowa Washington State Bank* Washington, Iowa FR - 12-11-95 NP - 12-8-95 Y-2 Oelwein Bancorporation Minneapolis, Minnesota Lakeside Credit Co., Inc. Minneapolis, Minnesota First Trust and Savings Bank Cedar Rapids, Iowa* FR - 12-4-95 _ ** COC-HC Baxter Insurance Agency, Inc. Baxter, I^wa John F. Edge F R - 11-16-95 NP - 11-20-95 Y-2 Security National Corporation Sioux City, Iowa Sheldon Security Bancorporation Sheldon, Iowa Sheldon Security Financial Corporation Sheldon, Iowa Security State Bank Sheldon, Iowa* FR - 12-1-95 NP - 12-1-95 Y-l FNB Financial Corporation Three Rivers, Michigan First National Bank of Three Rivers Three Rivers, Michigan* PR _ ** NP _ ** Y-l Reliance Bancshares, Inc. Milwaukee, Wisconsin Reliance Savings Bank Milwaukee, Wisconsin* PR . ** NP - ** Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only I m Application Comment Period Ending Date 4(c)(8) Firstar Corporation Milwaukee, Wisconsin Harvest Financial Corp. Dubuque, Iowa Harvest Savings Bank, F.S.B. Dubuque, Iowa F R - 11-16-95 N P - 11-14-95 4(c)(8) Firstar Corporation of Iowa Milwaukee, Wisconsin Harvest Financial Corp. Dubuque, Iowa Harvest Savings Bank, F.S.B. Dubuque, Iowa F ft - 11-16-95 NP - 11-14-95 4(c)(8) ABN AMRO Bank N.V. Amsterdam, The Netherlands Nevil’e Leasing, Inc. Atlanta, Georgia FR - 11-21-95 4(c)(8) ABN AMRO HOLDING, N.V. Amsterdam, The Netherlands Neville Leasing, Inc. Atlanta, Georgia FR - 11-21-95 4(c)(8) Stichting Administratiekantoor ABN AMRO HOLDING Amsterdam, Netherlands Neville Leasing, Inc. Atlanta, Georgia FR - 11-21-95 4(c)(8) Stichting Prioriteit ABN AMRO HOLDING Amsterdam, The Netherlands Neville Leasing, Inc. Atlanta, Georgia FR - 11-21-95 Federal Reserve Bank o f Chicago Section III - Applications Subject to Federal Register Notice Only Continued Application Comment Period Ending Date 4(c)(8) Guaranty Bankshares, Ltd. Cedar Rapids, Michigan to engage in making and servicing of loans F R - 11-27-95 4(c)(8) Old Kent Financial Corporation Grand Rapids, Michigan Republic Mortgage Corp. Salt Lake City, Utah to engage in residential and commercial mortgage banking business PR _ ** 4(c)(8) Republic Bancorp, Inc. Owosso Michigan Premier Partners - James R. Gary Realtors Woodland Hills, California to engage in originating, funding & servicing residential mortgage loans on a retail basis FR - 11-28-95 4(c)(8) Reliance Bancshares, Inc. Milwaukee, Wisconsin to engage in making and servicing loans P R . ** 4(c)(8) Premier Financial Services, Inc. Freeport, Illinois Premier Insurance Services, Inc. Warren, Illinois to engage in general insurance agency activities PR . ** Federal Reserve Bank of Chicago Section IV - Applications Not Subject to Federal Register or Newspaper Notice NONE N - Newspaper FR - 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 beep examined by the Federal Reserve Bank of Chicago for compliance with the CRA. The 3O-day business day period the bank has to make the evaluation public has lapsed during the week ending November 17, 1995. 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 ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SN-An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated coi ftunity, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANK NAME/LOCATION EXAMINATION DATE RATINGS -Quad City Bank and Trust Company 2118 Middle Road Bettendorf, Iowa 52722 (319) 344-0600 8/07/95 S -Lake Forest Bank & Trust Company 727 North Bank Lane Lake Forest, Illinois 60045 (708) 234-2882 7/24/95 S -The Farmers & Merchants Bank 123 West Huron Street Berlin, Wisconsin 54923-0270 (414) 361-1454 S 7/31/95 Federal Reserve Bank of St. Louis FOR THE WEEK ENDING NOVEMBER 17, 1995 Application SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE End of Comment Period None. Application SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE End of Comment Period None. 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 None. *This application is subject to CRA. FEDERAL RESERVE BANK O F ST. LOUIS St. Louis, Missouri AVAILABILITY OF CRA PUBLIC DISCLOSURES Identification o f Ratings: Outstanding record o f meeting community credit needs An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs o f its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record o f meeting community credit needs An institution in this group has a satisfactory record o f ascertaining and helping to meet the credit needs o f its entire delineated community, including low- and moderate- income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record o f meeting community credit needs An institution in this group needs to improve its overall record o f ascertaining and helping to meet the credit needs o f its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs An institution in this group has a substantially deficient record o f ascertaining and helping to meet the credit needs o f its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. FOR THE WEEK ENDING Name of Bank Cass Bank and Trust Company November 17, 1995 Bank Address 3636 South Geyer Road St. Louis, MO 63127 Examination Date 7-17-95 Examination Rating Satisfactory FEDERAL RESERVE BANK OF 1HNNBAPOLIS Section I • Applications Subject to Newspaper Notice Only Comment Period Ending Date Application Farmers State Bank of Conrad, Conrad, Montana, to acquire, through merger, the Farmers State Bank of Cut Bank, Montana, and incident thereto, to establish a branch in Cut Bank, Montana. Not yet available First Interstate Bank of Commerce, Billings, Montana, to establish a branch in Bozeman, Montana. December 5, 1995 FEDERAL RESERVE BARK OF MINNEAPOLIS Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date BNCCORP, Inc., Bismarck, North Dakota, to acquire 100% of the voting shares of the BNC National Bank of Minnesota, Minneapolis, Minnesota, a de novo bank. December 11, 1995 (Federal Register) First Baulk System, Inc., Minneapolis, Minnesota, to acquire 100% of the voting shares of the First Interstate Bancorp, Los Angeles, California. Not yet available First Manistique Corporation, Manistique, Michigan, to acquire 100% of the voting shares of the South Range State Bank, South Range, Michigan. December 16, 1995 (Newspaper) Private Bancorporation, Inc., Minneapolis, Minnesota , to acquire 100% of the voting shares of Private Bank Minnesota, Minneapolis, Minnesota. Not yet available ♦Subject to CRA FEDERAL RESERVE BARK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application Progressive Growth Corp., Gaylord, Minnesota, to engage de novo in data processing activities through Synectic Solutions, Inc., Gaylord, Minnesota. December 1, 1995 First Bank System, Inc., Minneapolis, Minnesota, to engage in venture capital activities through the acquisition of First Interstate Bancorp, Los Angeles, California. Not yet available First Sleepy Eye Bancorporation, Inc., Sioux Falls, South Dakota, to engage de novo in community development activities. Not yet available FEDERAL RESERVE BANK OF MINNEAPOLIS Section IV - Applications Not Subject to Federal Register Notice or Newspaper Noti< Application NONE. FEDERAL RESERVE BANK OF MINNEAPOLIS Section V - Availability of CRA Public Evaluations week ending November 17, 1995 ASSIGNMENT OF RATING Identification of Ratings In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following groups: OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, r including low- and moderate -income neighborhoods, in a manner consistent with its resources and capabilities. NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low-and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANK(S) EXAMINED DATE OF EXAMINATION CRA RATING First State Bank of Froid P.0. Box 128 Froid, Montana 59226-0128 (406)766-2357 August 15, 1995 Satisfactory Farmers State Bank of Denton 423 Broadway Denton, Montana 59430 (406)567-2265 August 14, 1995 Outstanding August 14, 1995 Satisfactory The State Savings Bank of Manistique P.O. Box 399 Mani stique, Mi chi gan 49854 (906)341-2171 Federal Keserve Bank of Kansas City SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING DATE Shirley A. Gruber, Barnard, Kansas, for prior approval to acquire a total of 66.2 percent; Timothy J. Schroeder, Beverly, Kansas, for prior approval to acquire a total of 15.4 percent; and Michael N. Millikan, Salina, Kansas, for prior approval to acquire a total of 15.7 percent of the voting shares of Beverly Bankshares, Inc., Beverly, Kansas. November 28, 1995 Admiral Steel Corporation, Alsip, Illinois, for prior approval to become a bank holding company through the acquisition of 100 percent of the voting shares of Munden Bankshares, Inc., Munden, Kansas.* December 11, 1995 Ameribank Corporation, Shawnee, Oklahoma, for prior approval to acquire 94 percent of the voting shares of United Oklahoma Bankshares, Inc., Del City, Oklahoma.* December 11, 1995 Swanton Agency, Inc., Swanton, Nebraska, for prior approval to acquire 100 percent of the voting shares of Farmers State Bank of Plymouth, Plymouth, Nebraska.* Not Available Commercial Guaranty Bancshares, Inc., Shawnee Mission, Kansas, for prior approval to become a bank holding company through the acquisition of 100 percent of the voting shares of First Commercial Bank, N.A., Overland Park, Kansas.* Not Available Federal Reserve Bank of Kansas City SECTIQrOIL-_NQTIFICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE First Community Bancshares, Inc., Knob Noster, Missouri, for prior approval to engage in the nonbanking activity of Real Estate Mortgages. Not Available First National of Nebraska, Inc., Omaha, Nebraska, for prior approval to engage in the nonbanking activity of conducting data processing services through the acquisition of Integrated Planning Systems, Inc., Bellevue, Nebraska. Not Available SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS Identification of Ratings In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following groups: Outstanding record of meeting community credit needs An institution in this group has an outstanding record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and 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. Federal Reserve Bank of Kansas City Needs to improve record of meeting community credit needs An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Bank/Location Exam Date CRA Public Date Uinta County State Bank 128 North Birch Street Mountain View, Wyoming 82939 08-21-95 11-14-95 Substantial Noncompliance Bank of Laramie P.O. Box 1027 Laramie, Wyoming 82070-1027 08-14-95 11-15-95 Outstanding Boswell State Bank P.O. Box 89 Boswell, Oklahoma 74727-0089 08-21-95 11-17-95 Satisfactory Havelock Bank 6145 Havelock Avenue Lincoln, Nebraska 68507-1234 08-14-95 11-17-95 Satisfactory *Application is subject to CRA. CRA Rating FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF NOVEMBER 13, 1995 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP Change in Control Notice by Roy Edward Aldwell, II, New York, New York, to acquire an interest in First Sonora Bancshares, Inc., Sonora, TX (Resubmi ssion) (Previously reported during the week of 10-23-95) 95/11/29 Change in Control Notice by Jack H. Hart, Amarillo, TX, to acquire an interest in Spearman Bancshares, Inc., Spearman, TX (Resubmi ssion) (Previously reported during the week of 10-30-95) N/A SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE 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 13. 1995 Outstanding record of meeting community credit needs. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to Improve record of meeting community credit needs. An institution in this group need to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial Noncompliance in meeting community credit needs. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Bank Date of Examination CRA Rating Alief Alamo Bank P. 0. Box 721680 12300 Bel 1ai re Blvd. Houston, Texas 77272 95/08/14 Satisfactory Community Bank P. 0. Box 737 20045 Katy Frwy. Katy, Texas 77492 95/08/14 Satisfactory FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 11/17/95 Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application None Section II - Applications Subject to Both Newspaper and Federal Register Notice Wells Fargo & Company, San Francisco, California, to merge with First Interstate Bancorp, Los Angeles, California. * Newspaper: Not available Fed. Rea.: Not yet published Wells Fargo & Company, San Francisco, California, to acquire the 16 bank subsidiaries of First Interstate Bancorp, Los Angeles, California. * Newspaper: Not available Fed. Req.: Not yet published Wells Fargo & Company, San Francisco, California, to engage in consent solicitation to replace the Board of Directors of First Interstate Bancorp, Los Angeles, California. * Newspaper: Not available Fed. Req.: Not yet published The Mitsubishi Bank, Ltd., Tokyo, Japan, to Newspaper: acquire: The Bank of Tokyo Trust Company, New York, New York; The Chicago-Tokyo Bank, Chicago, Fed. Req.: Illinois; and Union Bank, San Francisco, California. * Union Bank, San Francisco, California, to become a bank holding company by acquiring BanCal TriState Corporation, San Francisco, California. * 12/16/95 Not yet published Newspaper: 12/16/95 Fed. Req.: Not yet published Section III -Applications Sub.iect to Federal Register Only The Mitsubishi Bank, Ltd., Tokyo, Japan, to acquire BOT Financial Corporation, and BOT Securities, Inc., both of New York, New York. Fed. Reg.: Not yet published Union Bank, San Francisco, California, to retain all of the voting shares of: UB Leasing, Inc.; UB Investment Services, Inc.; Unionbanc Leasing Corporation; Stanco Properties, Inc.; UB Mortgage Corp.; and Bankers Commercial Corporation, all of San Francisco, California. Fed. Reg.: Not yet published Section IV - Applications Not Sub.iect to Federal Register Notice or Newspaper Notice The Mitsubishi Bank, Ltd., Tokyo, Japan, to acquire all of the branch offices, all of the agencies and all of the representative offices of The Bank of Tokyo, Ltd., Tokyo, Japan. The Mitsubishi Bank, Ltd., Tokyo, Japan, to ugrade the San Francisco agency of The Bank of Tokyo, Ltd., to a branch office. * Subject to CRA. FEDERAL RESERVE BANK OF SAN FRANCISCO (cont'd.) Week ending 11/17/95 Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice (continued...) The Mitsubishi Bank, Ltd., Tokyo, Japan, to acquire BOT North America International, Inc., an agreement corporation, established to hold the shares of Bank of Tokyo Mexico, S.A., Mexico City, Mexico. The Bank of California, N.A., San Francisco, California, to acquire the Cayman Islands branch, two Guam branches, and the Northern Mariana Islands branch offices of Union Bank, San Francisco, California. Section V - Availability of CRA Public Evaluations The CRA public evaluations of the institution(s) below became available during the week ending November 17, 1995. Information about a particular institution’s CRA evaluation may be obtained directly from the institution. Institution Citizens State Bank of Santa Paula Location 948 E. Main St. PO Box 471 Santa Paula, CA 93060-0472 Examination Date Rating* 7/31/95 Outstanding 7/31/95 Satisfactory (805) 525-4413 First Security Bank of Nevada 530 Las Vegas Boulevard Las Vegas, Nevada 89101 (702) 368-1969 *Under the rating system an institution’s CRA performance is assigned one of the following four ratings: 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. Outstanding 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. Satisfactory Needs to improve record of meeting community credit needs: An institution needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- to moderate-income neighborhoods, in a manner consistent with its resources and capabilities. An institution has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- to moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs: The above listing has been prepared as a courtesy by the Federal Reserve Bank of San Francisco, and is not intended to replace formal notices required by statute or regulation; the Reserve Bank assumes no responsibility for errors or omissions.