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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1992, No. 47
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending November 21, 1992

ACTION'S TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
Deutsche Bank AG, Frankfurt, Germany — determination
under the Bank Holding Company Act with respect to
an investment in a German insurance Company.
Granted, November 16, 1992.
GBC Holdings, Inc., Los Angeles, California —
acquire Guaranty Bank of California.
Approved, November 20, 1992.

to

GNB Bancorporation, Grundy Center, Iowa — to merge
with Ackley Bancorporation, and acquire Ackley
State Bank, and engage in general insurance agency
activities through Ackley Insurance Agency.
Approved, November 16, 1992.
BOARD OPERATIONS
Division of Consumer and Community Affairs —
appointment of Glenn E. Loney and Dolores S. Smith
as Associate Directors and Maureen P. English and
Irene Shawn McNulty as Assistant Directors.
Approved, November 18, 1992.
ENFORCEMENT
Farmers Bank and Trust Company, Blytheville,
Arkansas, and Farmers Bancorp, Inc. — issuance of
an order of removal and prohibition against Gaylon
M. Lawrence, Sr.
Announced, November 17, 1992.
National Commercial Bank, Saudi Arabia — written
agreement dated October 29, 1992, between Khalid
bin Mahfouz and the Board.
Announced, November 17, 1992.
RESERVE BANK OPERATIONS




Federal Reserve Bank of Cleveland — appointment of
Sandra Pianalto as First Vice President.
Approved, November 16, 1992.
Federal Reserve Bank of Richmond —
J. Alfred Broaddus as President.
Approved, November 16, 1992.

appointment of

H. 2

NOVEMBER 15, 1992
PAGE 2

TO

NOVEMBER 20, 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; OSDM - Office of Staff Director
for Management
BANK BRANCHES, DOMESTIC




New York

Chemical Bank, New York, New York — to establish a
branch at Manhattan Eye, Ear and Throat Hospital,
210 East 64th Street.
Approved, November 20, 1992.

Philadelphia

Commonwealth Bank, Williamsport, Pennsylvania —
establish a branch at Weis Market, Inc., 1916
Lycoming Creek Road.
Approved, November 17, 1992.

Chicago

Harris Bank of St. Charles, St. Charles, Illinois —
to provide contractual branch services with the
following:
four contractual branches at Harris
Bank Argo, Summit; one contractual branch at Harris
Bank Barrington, National Association, Barrington;
one contractual branch at Harris Bank Wilmette,
National Association, Wilmette, Illinois; two
contractual branches at Harris Bank Winnetka,
National Association, Winnetka, Illinois; two
contractual branches at Harris Bank Frankfort,
Frankfort; two contractual branches at Harris Bank
Hinsdale, National Association, Hinsdale; two
contractual branches at Harris Bank GlencoeNorthbrook, National Association, Glencoe; and
three contractual branches at Harris Bank
Libertyville, Libertyville, Illinois.
Approved, November 20, 1992.

Chicago

Omnibank, River Rouge, Michigan — to establish a
branch at the intersection of Manchester and
Woodward, Highland Park, Michigan.
Approved, November 20, 1992.

Chicago

Onsted State Bank, Onsted, Michigan — to establish
an automated teller machine at 102 North Main
Street, Brooklyn, Michigan.
Approved, November 20, 1992.

to

H.2
NOVEMBER 15, 1992
PAGE 3

TO

NOVEMBER 20, 1992

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

BANK HOLDING COMPANIES




Chicago

Bourbonnais Bancorp, Inc. Wheaton, Illinois —
acquire Bank of Bourbonnais.
Returned, November 18, 1992.

to

Chicago

Capital Directions, Inc., Mason, Michigan — to
engage de novo in discount brokerage services and
investment advisory activities.
Returned, November 19, 1992.

Richmond

Centura Banks, Inc., Rocky Mount, North Carolina —
to acquire Brevard Federal Savings and Loan
Association, Brevard, North Carolina, which would
be converted into Centura Interim Bank.
Approved, November 18, 1992.

Richmond

Centura Banks, Inc., Rocky Mount, North Carolina —
to acquire Centura Interim Bank, Brevard, North
Carolina.
Approved, November 18, 1992.

Richmond

Centura Banks, Inc., Rocky Mount, North Carolina —
proposal that Centura Bank merge with the successor
to Brevard Federal Savings and Loan Association,
Brevard, North Carolina.
Approved, November 18, 1992.

Minneapolis

Citizens Bancorporation of New Ulm, Inc., New Ulm,
Minnesota — to acquire Lafayette Bancshares, Inc.,
Lafayette, Minnesota.
Approved, November 20, 1992.

Dallas

Country Bancshares, Inc., Charlotte, Texas —
acquire Country Bank.
Returned, November 20, 1992.

New York

Dresdner Bank A6, Frankfurt, Federal Republic of
Germany — to acquire through Oechsle International
Advisors, L.P., Boston, Massachusetts, a limited
partnership interest in OSV Currency Advisors,
L.P., and engage in certain nonbanking activities.
Approved, November 16, 1992.

to

H.2
NOVEMBER 15, 1992
PAGE 4

TO

NOVEMBER 20, 1992

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

BANK HOLDING COMPANIES




Cleveland

Farmers & Merchants Bancorp, Inc., Archbold, Ohio —
to engage de novo in reinsurance of credit related
insurance.
Permitted, November 18, 1992.

Chicago

FBOP Corporation, Oak Park, Illinois —
Fairfield Financial Corporation.
Returned, November 19, 1992.

Atlanta

First Commerce Bancorp, Inc., Commerce, Georgia — to
engage de novo in providing software and
maintenance services through Bankline Systems, Inc.
Permitted, November 15, 1992.

Minneapolis

Frandsen Financial Corporation, Forest Lake,
Minnesota — to acquire Citizens State Bank of East
Grand Forks, East Grand Forks; First State Bank of
Ada, Ada; Nimrod Enterprises, Inc., Foley; and The
Gilmanton Co., Gilman, Minnesota.
Approved, November 19, 1992.

S t . Louis

GAB Bancorp, Jasper, Indiana — to acquire Winslow
Bancorporation, Inc., Cincinnati, Ohio, and South
Western Indiana National.
Approved, November 20, 1992.

Chicago

Heritage Financial Services, Inc., Tinley Park,
Illinois — to acquire Alsip Bancorporation, Inc.,
Alsip, Illinois, and Alsip Bank and Trust.
Approved, November 18, 1992.

Chicago

Illinois State Bancorp, Inc., Wheaton, Illinois —
acquire Bourbonnais Bancorp, and Bank of
Bourbcnnais.
Returned, November 18, 1992.

Minneapolis

Milk River Investments, Inc., Glasgow, Montana —
acquire First National Bank of Glasgow.
Approved, November 18, 1992.

to acquire

to

to

H. 2

NOVEMBER 15, 1992
PAGE 5

TO

NOVEMBER 20, 1992

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

BANK HOLDING COMPANIES




Minneapolis

Norwest Corporation, Minneapolis, Minnesota — to
engage in mortgage banking activities through the
acquisition of the mortgage servicing business of
the subsidiary banks of Lincoln Financial
Corporation, Fort Wayne, Indiana.
Approved, November 20, 1992.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota — to
engage in credit related insurance activities
through Midwest Credit Life Insurance Company, Fort
Wayne, Indiana.
Approved, November 20, 1992.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota — to
engage in general insurance agency activities
through Shipshewana Insurance Agency, La Grange,
Indiana.
Approved, November 20, 1992.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota — to
acquire Lincoln Financial Corporation, Fort Wayne,
Indiana.
Approved, November 20, 1992.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota — to
engage in securities brokerage activities through
acquisition of the discount brokerage business
operated by Lincoln National Bank and Trust Company
of Fort Wayne, Fort Wayne, Indiana.
Approved, November 20, 1992.

Chicago

Old Kent Financial Corporation, Grand Rapids,
Michigan, and Old Kent-Illinois, Inc., Elmhurst,
Illinois — to acquire University Financial
Corporation, Elgin, Illinois, and First Federal of
Elgin; and for Old Kent Bank, Elmhurst, Illinois,
to merge with UnibancTrust / DuPage, Chicago,
Illinois, and First Federal of Elgin, Elgin,
Illinois, and to establish branches.
Approved, November 17, 1992.

H.2
NOVEMBER 15, 1992
PAGE 6

TO

NOVEMBER 20, 1992

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

BANK HOLDING COMPANIES
Chicago

Pinnacle Banc Group, Inc., Oak Brook, Illinois — to
acquire Batavia Financial Corporation, Batavia,
Illinois, and Batavia Savings Bank.
Approved, November 20, 1992.

Kansas City

TeamBanc, Inc., Paola, Kansas, and TeamBanc, Inc.,
Employees1 Stock Ownership Plan — to acquire
shares of Century Bancshares, Inc., Parsons,
Kansas, and engage in credit-related insurance
activities.
Approved, November 16, 1992.

Secretary

Trans Financial Bancorp, Inc., Bowling Green,
Kentucky — to acquire Dawson Springs Bancorp,
Inc., Maysville, and Commercial Bank of Dawson; and
Kentucky State Bank, Scottsville, Kentucky.
Approved, November 20, 1992.

Secretary

Trust Company of Georgia, Atlanta, Georgia, and
HomeTrust Bank of Georgia, Gainesville, Georgia —
to acquire HomeTrust Bank of Georgia; and for
SunTrust Banks, Inc. to acquire First United
Bancorp, Inc., Florence, Alabama, and First
National Bank of Florence.
Approved, November 20, 1992.

BANK MERGERS




Richmond

Centura Bank, Rocky Mount, North Carolina — to merge
with Centura Interim Bank, Brevard, North Carolina,
and to establish branches.
Approved, November 18, 1992.

Secretary

SouthTrust Bank of Tampa, Tampa, Florida — to
establish branches at 4350 West Cypress Street, 200
East Madison Street, 14802 North Dale Mabry, and
4505 Gunn Highway, and 729 Village Boulevard,
Ruskin, Florida.
Approved, November 18, 1992.

H.2
NOVEMBER 15, 1992
PAGE 7

TO

NOVEMBER 20, 1992

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

BANK PREMISES
San Francisco

Bank of America Nevada, Las Vegas, Nevada —
investment in bank premises.
Approved, November 18, 1992.

Richmond

Centura Bank, Brevard, North Carolina —
in bank premises.
Approved, November 18, 1992.

New York

Chemical Bank, New York, New York —
bank premises.
Approved, November 19, 1992.

Chicago

G.W. Jones Exchange Bank, Marcellus, Marcellus,
Michigan — investment in bank premises.
Approved, November 20, 1992.

Chicago

Old Kent Bank, Elmhurst, Illinois —
bank premises.
Approved, November 17, 1992.

Secretary

SouthTrust Bank of Tampa, Tampa, Florida —
investment in bank premises.
Approved, November 18, 1992.

investment

investment in

investment in

BANKS, NATIONAL
Cleveland

Society National Bank, Cleveland, Ohio —
SELCO Service Corporation.
Approved, November 20, 1992.

to form

CHANGE IN BANK CONTROL




Boston

First Ipswich Bancorp, Ipswich, Massachusetts —
change in bank control.
Permitted, November 19, 1992.

Minneapolis

First Security Bank of Havre, Havre, Montana —
change in bank control.
Returned, November 16, 1992.

Minneapolis

Grant County Bancorporation, Inc., Carson, North
Dakota — change in bank control.
Permitted, November 20, 1992.

H.2
NOVEMBER 15, 1992
PAGE 8

TO

NOVEMBER 20, 1992

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

CHANGE IN BANK CONTROL
Kansas City

Paonia Financial Services, Inc., Paonia, Colorado —
change in bank control.
Permitted, November 20, 1992.

Dallas

Security Bank of Arlington, Arlington, Texas —
change in bank control.
Permitted, November 18, 1992.

COMPETITIVE FACTORS REPORTS




Chicago

Alsip Bank and Trust, Alsip, Illinois, proposed
merger with Heritage Bank Alsip, Blue Island,
Illinois — report on competitive factors.
Submitted, November 18, 1992.

Kansas City

Bank IV Kansas, N.A., Wichita, Kansas, proposed
merger with the Peoples National Bank of Liberal,
Liberal, Kansas — report on competitive factors.
Submitted, November 18, 1992.

Secretary

Bank of Pullman, Pullman, Washington, proposed
purchase of assets and assumption of liabilities of
the Colton and Palouse branches of U.S. Bank of
Washington, N.A., Seattle, Washington — report on
competitive factors.
Submitted, November 19, 1992.

San Francisco

Bank of Santa Clara, Santa Clara, California,
proposed purchase of the assets and assumption of
the liabilities of the McKee Road branch of
California Commerce Bank, Los Angeles, California - report on competitive factors.
Submitted, November 20, 1992.

Dallas

Comerica Bank - Texas, Dallas, Texas, proposed merger
with Sugar Creek National Bank, Sugar Land, Texas - report on competitive factors.
Submitted, November 18, 1992.

Minneapolis

Coulee State Bank, LaCrosse, LaCrosse, Wisconsin,
proposed merger with the Second Coulee State Bank - report on competitive factors.
Submitted, November 20, 1992.

H.2
NOVEMBER 15, 1992
PAGE 9

TO

NOVEMBER 20, 1992

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

COMPETITIVE FACTORS REPORTS




Cleveland

Farmers National Bank of Plain City, Plain City,
Ohio, and Plain City Home and Savings Company,
proposed merger with Citizens National Bank of
Urbana, Urbana, Ohio — report on competitive
factors.
Submitted, November 18, 1992.

Minneapolis

First American National Bank of Crookston, Crookston,
Minnesota, proposed merger with First American Bank
of Warren, Warren, Minnesota — report on
competitive factors.
Submitted, November 20, 1992.

Kansas City

First National Bank in Ogallala, Ogallala, Nebraska,
proposed acquisition of assets and assumption of
the liabilities of United Nebraska Bank-Grant,
Grant, Nebraska — report on competitive factors.
Submitted, November 18, 1992.

Chicago

Franklin County National Bank of Brookville,
Brookville, Indiana, proposed purchase of certain
assets and assumption of certain liabilities of the
Everton branch of Star Bank, National Association,
Eastern Indiana, Richmond, Indiana — report on
competitive factors.
Submitted, November 16, 1992.

New York

IBJ Schroder Bank & Trust Company, New York, New
York, proposed merger with IBJ Schroder Banking
Corporation — report on competitive factors.
Submitted, November 19, 1992.

San Francisco

Key Bank of Washington, Seattle, Washington, proposed
merger with Bellingham National Bank, Bellingham;
San Juan County Bank, Friday Harbor; and Puget
Sound National Bank, Tacoma, Washington — report
on competitive factors.
Submitted, November 19, 1992.

H.2
NOVEMBER 15, 1992
PAGE 10

TO

NOVEMBER 20, 1992

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

COMPETITIVE FACTORS REPORTS
New York

Lakeland Savings Bank, Succasunna, New Jersey,
proposed acquisition of certain assets and
assumption of certain liabilities of three branch
offices in Morris and Sussex counties of First
Nationwide Bank, FSB, San Francisco, California —
report on competitive factors.
Submitted, November 20, 1992.

Chicago

M&I Home State Bank, South Milwaukee, Wisconsin,
proposed merger with M&I First National Bank of
Cudahy, Cudahy, Wisconsin — report on competitive
factors.
Submitted, November 17, 1992.

Kansas City

Ravenna Bank, Ravenna, Nebraska, proposed merger with
State Bank of Litchfield, Litchfield, Nebraska,
proposed merger with State Bank of Litchfield,
Litchfield, Nebraska — report on competitive
factors.
Submitted, November 19, 1992.

San Francisco

Washington Mutual Savings Bank, Seattle, Washington,
proposed merger with Pioneer Savings Bank,
Lynnwood, Washington — report on competitive
factors.
Submitted, November 20, 1992.

EXTENSIONS OF TIME




Director, BS&R

Baltimore Bancorp, Baltimore, Maryland —
to divest certain property.
Granted, November 20, 1992.

extension

San Francisco

BankAmerica Corporation, San Francisco, California —
extension to divest certain property.
Granted, November 16, 1992.

San Francisco

BankAmerica Corporation, San Francisco, California —
extension to divest certain property.
Granted, November 16, 1992.

San Francisco

BankAmerica Corporation, San Francisco, California —
extension to divest certain property.
Granted, November 20, 1992.

H.2
NOVEMBER 15, 1992
PAGE 11

TO

NOVEMBER 20, 1992

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

EXTENSIONS OF TIME
Director* BS&R

Citizens Financial Group, Inc., Providence, Rhode
Island — extension to divest certain property.
Approved, November 16, 1992.

Atlanta

First Autauga Bancshares* Inc.* Montgomery* Alabama - extension to February 12* 1993* to acquire CEE
BEE Corporation* Prattville* Alabama* and Citizens
Bank.
Granted* November 20, 1992.

San Francisco

First Interstate Bancorp* Los Angeles* California —
extension to divest certain property.
Granted* November 20* 1992.

Minneapolis

Henning Bancshares* Inc.* Henning* Minnesota —
extension February 24* 1993, to acquire Battle Lake
Bancshares* Inc.* Battle Lake* Minnesota.
Granted* November 16* 1992.

Minneapolis

Marquette Bancshares* Inc.* Minneapolis* Minnesota —
extension to February 18* 1993, to acquire
Lakeville Financial Services* Inc.* Minneapolis*
Minnesota* and shares of Marquette Bank Brookdale*
Brooklyn Center* Minnesota.
Granted* November 16* 1992.

San Francisco

Wells Fargo & Company* San Francisco* California —
extension to divest certain property.
Granted* November 16* 1992.

San Francisco

Wells Fargo & Company* San Francisco* California —
extension to divest certain property.
Granted* November 16* 1992.

Kansas City

Citizens Bank & Trust Co.* Torrington* Wyoming —
become a member of the Federal Reserve System.
Approved* November 20* 1992.

MEMBERSHIP

REGULATIONS AND POLICIES
Secretary
FOMC




Federal Open Market Committee —
meeting of October 6* 1992.
Published* November 20* 1992.

policy record for

to

H.2
NOVEMBER 15, 1992
PAGE 12

TO

NOVEMBER 20, 1992

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

RESERVE BANK SERVICES




Director, FRBO

Federal Reserve Bank of Boston — to offer an
optional account number sorting service as an
enhancement to the MICR Plus service.
Approved, November 17, 1992.

Director, FRBO

Federal Reserve Bank of Minneapolis — to implement
an Electronic Check Clearing Service.
Approved, November 17, 1992.

H.2
NOVEMBER 15, 1992
PAGE 13

ADDITIONS AND CORRECTIONS
TO

NOVEMBER 20, 1992

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

BANK BRANCHES, DOMESTIC
Atlanta

Central Bank of the South, Birmingham, Alabama —
establish a branch at 3480 Eastern Boulevard,
Montgomery, Alabama.
Approved, November 13, 1992.

to

BANK HOLDING COMPANIES
Chicago

Citizens Bankshares, Inc., Shawano, Wisconsin — to
engage de novo in making consumer finance loans
through Wisconsin Finance Corporation.
Returned, November 13, 1992.

BANK PREMISES
St. Louis

City Bank and Trust Company of Moberly, Moberly,
Missouri — investment in bank premises.
Approved, November 13, 1992.

COMPETITIVE FACTORS REPORTS




Atlanta

American City Bank of Tullahoma, Tullahoma,
Tennessee, proposed purchase of certain assets and
assumption to pay deposits made in the two
McMinnville, Tennessee, branches of Third National
Bank of Nashville, Nashville, Tennessee — report
on competitive factors.
Submitted, November 12, 1992.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Comment Period Ending Date

Application

NONE

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Application

Comment Period Ending Date
NONE

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Comment Period Ending Date

Application
NONE

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

NONE

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
♦Rating Definitions:
"0" - Outstanding; "S" - Satisfactory;
Needs to Improve; "SN" - Substantial Noncompliance.

"N" -

Institution

Rgriro*




Examination Date

NONE

Federal Reserve Bank of New York
Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
___________ Notice Only
None.
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None.
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
Barclays Bank and Barclays Bank Pic, both of London, England,
to act de novo indirectly through Barclays de Zoete Wedd
Securities Inc. as a futures commission merchant in the
execution and clearance of certain financial futures contracts
and options on futures contracts and to provide investment
advice with respect to such contracts.

N/A

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 21. 1992
NAME OF BANK

RATING

EXAMINATION DATE

Morgan Guaranty Trust
Company of New York
60 Wall Street
New York, N.Y. 10260-0060

Satisfactory

June 3, 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
NONE.

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.

12/14/92

Keystone Financial, Inc., Harrisburg, PA requests
approval for a nationwide de novo expansion of
Keystone Brokerage, Inc.'s geographic service
area, pursuant to Section 225.23(b)(1) of
Regulation Y and Section 4(c)(8) of the BHCA.

12/18/92

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 20, 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 mode rate-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 21, 1992
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
Received OAKAR application from
* Not Yet Known #
Huntington Bancshares Incorporated, Columbus,
Ohio on November 12, 1992, to merge Charter
Oak Federal Savings Bank, Cincinnati, Ohio,
with The Huntington National Bank, Columbus, Ohio.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Received application from Banc One
* F: December 18, 1992
Corporation, Columbus, Ohio, and Banc One
Illinois Corporation, Springfield, Illinois,
on November 17, 1992, to acquire First Community
Bancorp, Inc., Rockford, Illinois.
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Received application from Banc One
December 18, 1992
Corporation, Columbus, Ohio, and Banc One
Illinois Corporation, Springfield, Illinois, on
November 17, 1992, to acquire First Bancorp
Credit Life Insurance Company, Rockford, Illinois.
Received application from Huntington
Bancshares Incorporated, Columbus, Ohio, on
November 12, 1992, to acquire Charter Oak
Financial Corporation, Cincinnati, Ohio.

*
N
F
#

-

* December 14, 1992

Subject to CRA
Newspaper Comment Period
Federal Register Comment Period
Expected to end approximately 30 days from date of
application's receipt.




Applications Bulletin
For Week Ending November 21, 1992
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
(Continued)
Received Section 4( c ) (8) application from
Not Yet Known #
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 *

*
N
F
#

-

Subject to CRA
Newspaper Comment Period
Federal Register Comment Period
Expected to end approximately 30 days from date of
application's receipt.




AVAILABILITY OF CRA PUBLIC EVALUATIONS
(November 20, 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 20,
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

None.

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.*

12-14-92**

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

Comment Period Ending Date

None.

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




Federal Reserve Bank of Richmond
Availability of CRA Public Evaluations
Week ending November 23, 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____

Regency Bank
207 W. Franklin Street
Richmond, Virginia 23220




8-31-92

Rating

Satisfactory

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending November 20. 1992
Section 1 - Applications Subject to Newspaper Notice Only

Application

Comment Period Ending Date

Trust Company Bank
^
^
Atlanta, Georgia
To establish a limited-service facilitylocated at 1100 Johnson Ferry Road,
Suite 435, Atlanta, Georgia.

11-22-92*

Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

Florida Barnett Corporation
Jacksonville, Florida
1-BHC formation, Barnett Bank of
Hillsborough County, Tampa, Florida.

Not yet available*

SunTrust Banks, Inc.
Atlanta, Georgia
To acquire First United Bancorp, Inc.,
Florence, Alabama, and thereby indirectly
acquire its bank subsidiary, The First
National Bank of Florence, Florence, Alabama.

11-16-92*
Federal Register

Section 3 - Applications Subject to Federal
Register Notice Only

Application

Comment Period Ending Date

Brannen Banks of Florida, Inc.
Inverness, Florida
To engage de novo in making and servicing
mortgage loans, pursuant to Section
225.25(b)(1)(iii) Regulation Y.

Not yet available

City National Bancshares, Inc.
Not yet available
Miami, Florida
To engage de novo in full service securities
brokerage, pursuant to Section 225.25(b)(4)
and (15) of Regulation Y.
♦Subject to Provisions of the Community Reinvestment Act.



Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending November 20. 1992
Section 3 - Applications Subject to Federal
Register Notice Only
Application

Comment Period Ending Date

Southern Bank, Group, Inc.
Roswell, Georgia
After-the-fact request to engage de novo
in leasing activities, pursuant to Section
225.25(b)(5) of Regulation Y.
Peoples Financial Services, Inc.
Cookeville, Tennessee
To acquire Citizens Federal Savings Bank,
Rockwood, Tennessee, pursuant to Section
4(c)(8) of the Bank Holding Company Act.

Not-yet available

12-07-92

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice

Application
Barnett Bank of Tampa, N.A.
Tampa, Florida
To redeem 200,000 shares of its outstanding
common stock.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending November 20. 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
Commercial Bank of Florida
1550 S.W. 57 Avenue
Miami, Florida 33144
(305) 267-1200




Rating
Satisfactory

Date
08-10-92

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

Type

Application

Branch

Harbor Springs State Bank
Harbor Springs, Michigan
2201 E. Mitchell Street
Petoskey, Michigan*

N

- 11-23-92

Branch

Harbor Springs State Bank
Harbor Springs, Michigan
330 E. Mitchell Street
Petoskey, Michigan*

N

- 11-23-92

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

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

- **

EFT

Chemical Bank and Trust Company
Midland, Michigan
Dow Chemical Company Research
Campus Gate 76, Washington Street
Midland, Michigan*

N

- **




Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspapt
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
Rollin 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 - 12-4-92
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 - 12-4-92
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

Y-2

GFH Corp.
Elmhurst, Illinois
Community Bank of Elmhurst
Elmhurst, Illinois (in organization)*
Peotone Bancorp, Inc.
Peotone, Illinois
SC Bancorp, Inc.
Worth, Illinois
The Sun City Bank
Sun City, Arizona*

Y-l

Guaranty Financial, M.H.C.
Milwaukee, Wisconsin
Guaranty Bank, S.S.B.
Milwaukee, Wisconsin*

Y-l

First Insurance Finance Company
Des Moines, Iowa
Farmers and Miners Bank
Lucas, Iowa*

FR - 12-4-92
N

-

**

FR - 12-14-92
N

-

**

FR - 12-14-92
N - **

FR - **
N

-

**

Y-l

Cashton Bancshares, Inc.
Cashton, Wisconsin
Bank of Cashton
Cashton, Wisconsin*

FR - 12-18-92
N - 12-11-92

Y-2

Citizens Financial Corporation Employee
Stock Ownership Plan and Trust
Fort Atkinson, Wisconsin
Citizens Financial Corporation
Fort Atkinson, Wisconsin
Citizens State Bank
Fort Atkinson, Wisconsin*

FR - **
N - **




Federal Reserve Bank of Chicago2
Section III

-

Applications Subject to Federal Register
Notice Only
Comment Period
Ending Date

Type

Application

4(c)(8)

Lincolnshire Bancshares, Inc.
Lincolnshire, Illinois
To purchase participations from their
banking subsidiary

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

Northern Trust Corporation
Chicago, Illinois
Northern Futures Corporation
Chicago, Illinois

FR - 12-7-92

4(c) (8)

Cole-Taylor Financial Group, Inc.
Northbrook, Illinois
Cole Taylor Life Insurance Company, Inc.
Wheeling, Illinois

FR - 12-4-92

4(c) (8)

Cole-Taylor Financial Group, Inc.
Northbrook, Illinois
Cole Taylor Finance Company, Inc.
Wheeling, Illinois

FR - 12-4-92

4(c)(8)

Denmark Bancshares, Inc.
Denmark, Wisconsin
L. McDonald Insurance Agency, Inc.
Denmark, Wisconsin

FR - 12-4-92




FR - 12-18-92

Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only
(Continued)
Comment Period
Ending Date

Type

Application

4(c)(8)

Marshall & Ilsley Corporation
Milwaukee, Wisconsin
M&I Capital Markets Group, Inc.
Milwaukee, Wisconsin

FR - 12-7-92

4(c)(8)

Citizens Bankshares, Inc.
Shawano, Wisconsin
Wisconsin Finance Corporation
Shawano, Wisconsin

FR - 12-7-92

Y-4

Merchants and Manufacturers Bancorporation,
Inc.
Greendale, Wisconsin
Lincoln Savings Bank, S.A.
Milwaukee, Wisconsin

FR - 12-7-92

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 - 12-18-92

4(c)(8)

Citizens Financial Corporation
Fort Atkinson, Wisconsin
Purchase loan participation certificates
from its sub, Citizens State Bank

FR - 12-18-92

4(c)(8)

Capital Directions, Inc.
Mason, Michigan
Monex Investment Co., Inc.
Mason, Michigan

FR - 12-14-92




Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only
(Continued)
Comment Period
Ending Date

Tvoe

Application

4(c)(8)

Sullivan Bancshares, Inc.
Sullivan, Illinois
Engage i n t h e purchasing of loan
participations from its subsidiary,
The First National Bank of Sullivan
Sullivan, Illinois

FR - 10-23-92

Y-4

First Colonial Bankshares Corporation
Chicago, Illinois
First Colonial Investment Services
Elmhurst, Illinois

FR - **




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

Type

Application

Membership

Westby-Coon Valley State Bank
Westby, Wisconsin
To become a member of the Federal
Reserve System*

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 20,
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

EXAMINATION DATE

RATINGS

-First State Bank of Porter
230 Lincoln Street
Porter, Indiana
46304
(219) 926-2136

8/17/92

S

-Farmers and Merchants Bank
of Orfordville
303 Spring Street
P.O. Box 499
Orfordville, Wisconsin
46304

8/17/92

S

-Farmers State Bank
401 Main Street
Lake View, Iowa
51450
(712) 657-8525

8/24/92

S




Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING NOVEMBER 20, 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

End of Comment Period

Section 3(a)(1) application by Bancorp Employee
Stock Ownership Plan and Trust, Benton, Kentucky
to acquire Benton Bancorp, Inc., Benton, Kentucky

Not yet available

Section 3(a)(1) application by The First National
Bank of Berryville Employee Stock Ownership Trust,
Berryville, Arkansas to acquire The First National
Bank of Berryville, Berryville, Arkansas

Newspaper: 12-19-92

Section 3(a)(3) application by Chambers Bancshares,
Inc., Danville, Arkansas to acquire Scott County
Bank, Waldron, Arkansas and Bank of Amity, Amity,
Arkansas

Newspaper: 12-21-92

Section 3(a)(3) application by Union Planters
Corporation, Memphis, Tennessee to acquire Farmers
Union Bank, Ripley, Tennessee

Newspaper: 12-19-92

Section 3(a)(1) application by UniSouth Capital
Corporation, Columbus, Mississippi to acquire
UniSouth Banking Corporation, Columbus, Mississippi

Federal Register: 12-7-92

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 OF ST. LOUIS
St. Louis, Missouri

AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f m eeting community credit needs
A n institution in this group has an outstanding record of, a n d is a leader in, ascertaining a n d helping to
m eet the credit needs of its entire delineated community, including l ow- a n d moderate-income
neighborhoods, in a manner consistent with its resources a n d 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- a nd moderate- income neighborhoods, in a m a 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 and helping to m e e t the
credit needs of its entire delineated community, including l ow- and moderate-income neighborhoods,
m an ner consistent with its resources and capabilities.

in a

Substantial noncom pliance in meeting community credit needs
A n institution in this group has a substantially deficient record of ascertaining a nd helping to m e e t the
credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in
mann er consistent with its resources and capabilities.

FOR THE WEEK ENDING

Name of Bank

None




Bank Address

November 20, 1992

Examination
Date

Examination
Rating

a

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section I - Applications Subject to
Newspaper Notice Only
Comment Period
Endincr Date

AoDlication
None.

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

Application

Comment Period
Endincr Date

Lucan Bancshares, Inc.
Lucan, MN
To acquire 95.4% of the voting shares of
State Bank of Lucan, Lucan, MN*

12-14-92
(Federal Register)

Bank of Montana System
Great Falls, MT
To acquire 100% of the voting shares of
Montana Bancsystem, Inc., Billings, MT*

Not yet available

Security State Bank of North Dakota
Hannaford, ND
To acquire 100% of Farmers State Bank,
Carrington, ND*

Not yet available

Security State Bank Holding Company
Hannaford, ND
To indirectly acquire 100% of Farmers
State Bank, Carrington, ND*

Not yet available

Finlayson Bancshares, Inc.
Finlayson, MN
To acquire 100% of Barrett Bancorporation, Inc., Barrett, MN, a one bank
holding company owning the Citizens
State Bank, Barrett, MN*

♦Subject to CRA




10-29-92
(Federal Register)

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.

12-7-92

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

&

Consolidated Holding Company
Oldham, SD
To engage in general insurance
agency activities through the
acquisition of Farmers Investment
Company, Oldham, SD

Not yet available

Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Duke Financial Group, Inc.
St. Paul, MN
To redeem approximately 24% of
its voting shares.
Security State Bank of Edgeley
Edgeley, ND
To become a member of the Federal
Reserve System




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending November 20, 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

DATE OF EXAMINATION

CRA RATING

Citizens Bank
113 North Commercial
P. 0. Box 298
Clark, SD 57225-0298
(605) 532-3626

August 10, 1992

Satisfactory

The State Savings Bank
P. 0. Box 399
Manistique, MI 49854
(906) 341-2171

August 17, 1992

Satisfactory




Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION
BancFirst, Oklahoma City, Oklahoma,
for prior approval to merge certain
assets and liabilities of United Bank
and Trust Company of Norman, Norman,
Oklahoma.
Century Bank Sterling, Sterling,
Colorado, to establish a branch
facility in Fort Morgan, Colorado.

COMMENT PERIOD ENDING DATE
Not Available

Not Available

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION

COMMENT PERIOD ENDING DATE

Raton Capital Corporation, Raton, New
Mexico, for prior approval to become
a bank holding company through the
acquisition of 90.05 percent of the
voting common stock of International
State Bank, Raton, New Mexico.*

Not Available

Fourth Financial Corporation,
Wichita, Kansas, for prior approval
to acquire 100 percent of the voting
common stock of Bank IV Community
Development Corporation, Wichita,
Kansas.*

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
Valley Bancshares, Inc., Atchison,
Kansas, for prior approval to redeem
118,051.68 shares of its own voting
common stock.




Not Available

Federal Reserve Bank of Kansas City

Fall River Bankshares, Inc., Fall
Not Available
River, Kansas, for prior approval to
redeem 654 shares of its own voting
common stock.
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
Outstanding record of meeting community credit needs
An institution in this group has an outstanding record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods,
in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods,
in a manner consistent with its
resources and capabilities.
Needs to improve record of meeting community credit needs
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- and moderateincome neighborhoods,
in a manner consistent with its
resources and capabilities.
Substantial noncompliance in meeting community credit needs
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- and moderateincome neighborhoods,
in a manner consistent with its
resources and capabilities.
Bank/Location

Exam Date

First Mountain State Bank
08-10-92
521 E. Main Street
Montrose, Colorado 81401-3931




CRA Public
Date
11-16-92

CRA
Rating
Needs to
improve

Federal Reserve Bank of Kansas City

Boswell State Bank
09-04-92
P.O. Box 89
Boswell, Oklahoma 74727-0089

11-17-92

Satisfactory

The First State Bank
P.O. Box 38
Hotchkiss, Colorado 81419*

11-19-92

Outstanding

08-24-92

*Application is subject to CRA.




FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF NOVEMBER 16, 1992

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
Johnny Ray Cody, Ennis, TX, to acquire an interest in
First National Bancorporation of Ennis, Inc., Ennis, TX
(Previously filed during the week of 11-2-92)

N/A

Change in Control Notice by
Therman Coy Noe, Henderson, TX, to acquire an interest
in Rusk County Bancshares, Inc., Henderson, TX

N/A

♦Section 3(a)(3) application by
Overton Financial Corporation, Overton, TX, to acquire
Longview Financial Corporation, Longview, TX, and
Longview Bank & Trust Company, Longview, TX

92/12/12

♦Section 3(a)(3) application by
Overton Delaware Corporation, Dover, DE, to acquire
Longview Financial Corporation, Longview, TX, and
Longview Bank & Trust Company, Longview, TX

92/12/12

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 16, 1992

Outstanding record of meeting community credit needs.
An institution in this group has an outstanding
leader in, ascertaining and helping to meet the
entire
delineated community, including
lowneighborhoods,
in a manner consistent
with
capabilities.

record of, and is a
credit needs of its
and
moderate-income
its
resources
and

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
ascertaining and helping to
delineated community, including
in a manner consistent with its

need to
improve its overall record of
meet the
credit needs of
its entire
low- and moderate-income neighborhoods,
resources and capabilities.

Substantial Noncompliance in meeting community credit needs.
An institution in this group
ascertaining and helping to
delineated community, including
in a manner consistent with its

has a substantially deficient record of
meet the
credit needs of
its entire
low- and moderate-income neighborhoods,
resources and capabilities.

Bank

Date of
Examination

Silsbee State Bank
100 E. Avenue G
P. 0. Box 487
Silsbee, Texas 77656

92/08/17




CRA Rating

Satisfactory

PLEASE DISREGARD THE FOLLOWING WHICH WAS REPORTED DURING THE WEEK OF 1 1 -2 -9 2

Change in Control Notice by
David M. Cox, Ennis, TX, to acquire an interest in
First National Bancorporation of Ennis, Inc., Ennis, TX




FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 11/20/92
Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

None

Section II - Applications Sub.iect to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

Westamerica Bancorporation, San Rafael,
California, to acquire 100 percent of
Napa Valley Bancorp, Napa, California.*

Newspaper:

Not Available

Fed. Reg.:

12/18/92

Section III - Applications Subject to Federal Register Notice Only
Application

Comment Period Ending Date

None

Section IV - Applications Not Sub.iect to Federal Register Notice
or Newspaper Notice
None

*

Subject to CRA.




FEDERAL RESERVE BANK OF SAN FRANCISCO (cont’d.)

Week ending 11/20/92

Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during the week
ending November 6, 1992. Information about a particular institution’s CRA evaluation may
be obtained directly from the institution.
Institution

Location

Examination Date

Rating*

None

*

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




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