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ANNOUNCEMENT BOARD OF GOVERNORS OF THE Q \Q FEDERAL RESERVE SYS$EFT ACTIONS TAKEN BY THE* 3 H.2, 1996, NO. 48 Actions of the Board, its Staff, and y, tnc the Federal Reserve Banks; hu Applications and Reports Received D\y£j#9 the Wee* Ending November 30, 1996 INORS BANK HOLDING COMPANIES First Union Corporation, Charlotte, North Carolina -request for reconsideration of the Board's approval of the proposal to acquire Home Financial Corporation, Hollywood, Florida, and Home Savings Bank, FSB. Denied, November 26, 1996. BANKS. FOREIGN Hongkong Bank of Canada, Vancouver, British Columbia, Canada -- to establish state-licensed branches in Portland, Oregon, and Seattle, Washington, and acquire a portion of the assets and liabilities of the existing Portland and Seattle branches of Hongkong Shanghai Banking Corporation, Limited, Hong Kong. Approved, November 27, 1996. 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 St. Louis Citizens Bank, Batesville, Arkansas -- to establish a branch on Blackland Road, Pleasant Plains, Arkansas. Approved, November 27, 1996. Richmond Crestar Bank, Vienna, Virginia - - t o establish a branch in the Kroger Supermarket at 1790 East Market Street, Harrisonburg, Virginia. Approved, November 29, 1996. San Francisco Silicon Valley Bank, Santa Clara, California - - t o establish a branch at 5414 Oberline Drive, San Diego, California. Permitted, November 26, 1996. H.2 NOVEMBER 25, 1996 PAGE 2 TO NOVEMBER 29, 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago Associated Banc-Corp., Green Bay, Wisconsin -notification of intent to engage in providing data processing services to third parties through Associated Banc-Corp Services, Inc. Returned, November 27, 1996. San Francisco Bank of Tokyo-Mitsubishi, Ltd., Tokyo, Japan -- to establish Tokyo-Mitsubishi Derivative Products (USA), Inc., New York, New York. Withdrawn, November 27, 1996. Chicago Capitol Bancorp, Ltd., Lansing, Michigan -- to acquire Brighton Commerce Bank, Brighton, Michigan Approved, November 27, 1996. Minneapolis Cattail Bancshares, Inc., Atwater, Minnesota -- to engage de novo in lending activities. Permitted, November 26, 1996. Cleveland Citizens Bancorp, Inc., Newport, Kentucky -- to acquire Citizens Bank of Campbell County -- report on competitive factors. Permitted, November 29, 1996. Chicago Columbus Bancorp, Inc., Indianapolis, Indiana -- to retain shares of Salin Bank and Trust Company. Approved, November 27, 1996. Dallas Commercial National Corporation, Brady, Texas -request for waiver of application to acquire Commercial National Bank. Granted, November 27, 1996. Minneapolis Deerwood Bancshares, Inc., Deerwood, Minnesota -- to acquire Deerwood Bancorporation, Inc. Approved, November 27, 1996. Minneapolis Deerwood Bancshares, Inc., Deerwood, Minnesota -- to engage in general insurance activities through the acquisition of Deerwood Bancorporation, Inc. Approved, November 27, 1996. H.2 NOVEMBER 25, 1996 PAGE 3 TO NOVEMBER 29, 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Dallas First State Bank, N.A., Abilene, Texas -- request for waiver of application to become a bank holding company by acquiring Crown Park Bancshares, Inc., Lubbock, Texas, and Western National Bank. Granted, November 29, 1996. Atlanta Floyd Bankshares, Inc., Rome, Georgia -- to acquire 1st Floyd Bank, Rome, Georgia. Permitted, November 27, 1996. St. Louis Forrest City Financial Corporation, Forrest City, Arkansas -- to convert Forrest City Bank, FSB to a nationally chartered commercial bank (Forrest City Bank, N.A.). Approved, November 27, 1996. Atlanta Forsyth Bancshares, Inc., Cumming, Georgia -- to acquire The Citizens Bank of Forsyth County. Approved, November 25, 1996. St. Louis Fredonia Valley Bancorp, Inc., Fredonia, Kentucky -to acquire Fredonia Valley Bank. Permitted, November 27, 1996. Kansas City Haviland Bancshares, Inc., Haviland, Kansas -- to acquire shares of Fredonia State Bancshares, Inc. Approved, November 29, 1996. Dallas Independent Bankshares, Inc., Abilene, Texas -request for waiver of application to acquire Crown Park Bancshares, Inc., Lubbock, Texas, and Western National Bank. Granted, November 29, 1996. Dallas Independent Financial Corporation, Dover, Delaware -request for waiver of application to acquire Crown Park Bancshares, Inc., Lubbock, Texas, and Western National Bank. Granted, November 29, 1996. Dallas Maincorp Intermediate Holding Company, Inc., Wilmington, Delaware -- to acquire Ross Bancorp, Inc., Red Oak, Texas, and Mainbank. Approved, November 26, 1996. H.2 NOVEMBER 25, 1996 PAGE 9 TO NOVEMBER 29, 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Dallas Maincorp Intermediate Holding Company, Wilmington, Delaware -- to acquire ROSB Bancorp, Inc., Red Oak, Texas, and Mainbank. Approved, November 26, 1996. St. Louis Mark Twain Bancshares, Inc., St. Louis, Missouri -to acquire First City Bancshares, Inc., Springfield, Missouri, Springfield, Missouri, and First City National Bank. Approved, November 26, 1996. San Francisco NBB Bancorp, Bremerton, Washington, and Northwestern Bank, N.A. -- to merge with Kitsap Bank, Port Orchard, Washington. Permitted, November 25, 1996. Cleveland Pennwood Bancorp, Inc., Pittsburgh, Pennsylvania -to acquire Pennwood Savings Bank. Approved, November 27, 1996. Cleveland Peoples Bancorp, Inc., Marietta, Ohio -- to acquire Russell Federal Savings Bank, Russell, Kentucky. Permitted, November 27, 1996. Atlanta Prosperity Banking Company, St,. Augustine, Florida - request for waiver of commitment. Granted, November 25, 1996. Chicago Salin Bancshares, Inc., Indianapolis, Indiana -- to retain certain shares of Columbus Bancorp, Inc., and acquire Columbus Bank and Trust Company, Columbus, Indiana. Approved, November 27, 1996. Chicago Sun Community Bancorp, Ltd., Tucson, Arizona -- to acquire Bank of Tucson, Tucson, Arizona. Returned, November 26, 1996. San Francisco U.S. Bancorp, Portland, Oregon -- to acquire Sun Capital Bancorp, St. George, Utah, and Sun Capital Bank. Approved, November 25, 1996. H.2 NOVEMBER 25, 1996 PAGE 5 TO NOVEMBER 29, 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANKS. STATE MEMBER Director, BS&R Bryn Mawr Trust Company, Bryn Mawr, Pennsylvania -registration as transfer agent. Withdrawn, November 26, 1996. CAPITAL STOCK Kansas City NKC Bancshares, Inc., North Kansas City, Missouri redemption of shares. Approved, November 25, 1996. CHANGE IN BANK CONTROL Atlanta CB&T Holding Corporation, New Orleans, Louisiana -change in bank control. Permitted, November 27, 1996. Atlanta First Central Bank, St. Petersburg, Florida -- change in bank control. Permitted, November 25, 1996. Kansas City Prairie Capital, Inc., Augusta, Kansas -- change in bank control. Permitted, November 29, 1996. Atlanta Terrabank, N.A., Miami, Florida -- change in bank control. Permitted, November 27, 1996. COMPETITIVE FACTORS REPORTS Chicago Bank of Little Chute, Little Chute, Wisconsin, proposed merger with Little Chute Interim Bank -report on competitive factors. Submitted, November 26, 1996. San Francisco Bank of Rio Vista, Rio Vista, California., proposed purchase of the assets and assumption of the liabilities of the Walnut Grove branch of Wells Fargo Bank, N.A., San Francisco, California -report on competitive factors. Submitted, November 26, 1996. H.2 NOVEMBER 25, 1996 PAGE 6 TO NOVEMBER 29, 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Chicago Bank One, Illinois, National Association, Springfield, Illinois, proposed merger with Bank One, Bloomington-Normal, Bloomington; Bank One Champaign-Urbana, Champaign; Bank One, Chicago, National Association, Evanston; Bank One, Peoria, Peoria; and Bank One, Rockford, National Association, Rockford, Illinois -- report on competitive factors. Submitted, November 26, 1996. Philadelphia Collective Bank, Egg Harbor, New Jersey, proposed merger with Collective Bank of New Jersey, Laurel Springs, New Jersey -- report on competitive factors. Submitted, November 27, 1996. New York Dean Witter Trust FSB, Jersey City, New Jersey, proposed merger and corporate reorganization with Dean Witter Trust Company -- report on competitive factors. Submitted, November 27, 1996. Chicago First National Bank, Cedar Rapids, Iowa, Cedar Rapids, Iowa, proposed merger with First National Bank, Iowa City, Iowa -- report on competitive factors. Submitted, November 25, 1996. San Francisco First Pacific National Bank, Escondido, California, proposed acquisition of the assets and assumption of the liabilities of two branches of Wells Fargo Bank, N.A., San Francisco, California -- report on competitive factors. Submitted, November 27, 1996. Chicago LaSalle National Bank, Chicago, Illinois, proposed merger with LaSalle National Trust, National Association -- report on competitive factors. Submitted, November 26, 1996. H.2 NOVEMBER 25, 1996 PAGE 7 TO NOVEMBER 29, 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Chicago Mt. Zion State Bank & Trust, M t . Zion, Illinois, proposed merger with First Springfield Bank and Trust, Springfield, Illinois -- report on competitive factors. Submitted, November 26, 1996. Chicago NAB Bank, Chicago, Illinois, proposed merger with NAB Interim Bank -- report on competitive factors. Submitted, November 25, 1996. Dallas New Gateway Bank, Dallas, Texas, proposed merger with Gateway National Bank -- report on competitive factors. Submitted, November 29, 1996. Dallas New Inwood Bank, N.A., Dallas, Texas, proposed merger with Inwood National Bank, Dallas, Texas -- report on competitive factors. Submitted, November 29, 1996. Cleveland Pennwood Savings Bank, Pittsburgh, Pennsylvania, proposed merger with Pennwood Interim Savings Bank -- report on competitive factors. Submitted, November 27, 1996. Minneapolis Pioneer National Bank of Duluth, Duluth, Minnesota, proposed merger with Pioneer Interim National Bank -- report on competitive factors. Submitted, November 29, 1996. San Francisco Prairie Security Bank, Yelm, Washington, proposed merger with First Community Bank, Lacey, Washington -- report on competitive factors. Submitted, November 26, 1996. Dallas Prime Bank, Channelview, Texas, proposed acquisition of the assets and assumption of the liabilities of the branches of Bank of America Texas, N.A., Irving, at 595 Interstate Highway 10, Beaumont; 4100 Gulfway Drive, Port Arthur; and 2905 Nall Interstate Highway 365, Port Neches, Texas -report on competitive factors. Submitted, November 29, 1996. H.2 NOVEMBER 25, 1996 PAGE 8 TO NOVEMBER 29, 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS San Francisco Riverside National Bank, Riverside, California, proposed merger with City National Bank, Beverly Hills, California -- report on competitive factors. Submitted, November 26, 1996. Cleveland Russell Federal Savings Bank, Russell, Kentucky, proposed merger with Peoples Acquisition Company -report on competitive factors. Submitted, November 27, 1996. Chicago South Central Bank 8 Trust Company of Chicago, Chicago, Illinois, proposed merger with South Central Bank & Trust Company Interim Bank -- report on competitive factors. Submitted, November 26, 1996. Dallas Talco State Bank, Talco, Texas, proposed merger with Guaranty Bank, M t . Pleasant, Texas -- report on competitive factors. Submitted, November 29, 1996. San Francisco Tri-Counties Bank, Chico, California, proposed acquisition of the assets and assumption of the liabilities of nine branches of Wells Fargo Bank, N.A., San Francisco, California -- report on competitive factors. Submitted, November 26, 1996. H 2 ADDITIONS AND CORRECTIONS NOVEMBER 25, 1996 PAGE 9 TO NOVEMBER 29, 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK BRANCHES. DOMESTIC Atlanta First Southern Bank, Boca Raton, Florida -- to establish a branch at 7301 West Palmetto Road. Approved, November 22, 1996. COMPETITIVE FACTORS REPORTS Atlanta Regions Bank, Gainesville, Georgia, proposed merger with Regions, FSB, Dalton, Georgia -- report on competitive factors. Submitted, November 8, 1996. 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 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: "O" - Outstanding; "S" - Satisfactory; Improve; "SN" - Substantial Noncompliance. "N" - Needs to FEDERAL RESERVE BANK OF NEW YORK Com m ent Period Ending Date SECTION I Applications Subject to Newspaper ______Notice Only_____ Royal Bank o f Canada, Montreal, Canada, to establish a representative office in Houston, Texas. SECTION II Applications Subject to Both Newspaper and Federal Register Notice None. SECTION III Nonbanking Applications (subject to Federal Register Notice Only 1 None. SECTION IV Applications Not Involving Public Comment None. SECTION V Availability o f CRA Public Evaluations In connection with the assessment o f each insured depository institution's CRA performance, a rating is assigned from the following group: 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. N eeds 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 12/27/96 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. W eek Ending November 30.1996 NAME OF BANK RATING EXAM INATION DATE The Merchant's Bank o f New York 275 Madison Avenue N ew York, New York 10016 Satisfactory June 4 ,1 9 9 6 Gotham Bank o f New York 1412 Broadway N ew York, New York 10018 Satisfactory July 29,1996 Peapack-Gladstone Bank 158 Route 206 North Gladstone, New Jersey 07934 Satisfactory July 8, 1996 1/ Subject to provisions o f Community Reinvestment Act. 2/ Later o f dates specified in newspaper and Federal Register notices. 2/ Date specified in newspaper notice; a later date may be specified in the Federal Register notice. 4/ 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 RECEIVED AND SUBJECT TO NEW SPAPER NOTICE ONLY Founder Bank, Bryn M awr, PA to establish a branch office at 300 W est State Street, M edia, PA, pursuant to Section 9 of the FRA. Newspaper comment period expires: 12/07/96 SECTION H - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEW SPAPER AND FEDERAL REGISTER NOTICE Susquehanna Bancs hares, Inc.. Lititz, PA to acquire Atcorp, Inc., M arlton, NJ and its whollyowned subsidiary, Equity National Bank, Atco, NJ, Farmers Banc Corp, M ullica H ill, NJ and Farmers National Bank, Mullica Hill, NJ, pursuant to Section 3(a)(3) of the Bank Holding Company Act. Newspaper comment period expires: Federal Register comment period expires: N/Avail 12/23/96 Commerce Bancorp. Inc.. Cherry Hill, NJ to acquire 100 percent of Independence Bancorp, Inc., Ramsey, NJ, pursuant to Section 3(a)(3) of the Bank Holding Company Act. Newspaper comment period expires: Federal Register comment period expires: N/Avail N/Avail SECTION HI - APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL REGISTER NOTICE ONLY NONE SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER 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 29, 1996. Identification o f Ratings In connection with the assessment o f each insured depository institution's CRA performance, a rating is assigned from the following groups: O utstanding record o f m eeting 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 of m eeting community credit needs. An institution in tliis 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 maimer consistent with its resources and capabilities. Needs to improve record o f m eeting 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 noncom pliance in m eeting 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. Bank/Location Exam ination Date CRA R atine Ambassador Bank o f the Commonwealth 4127 Tilghman Street Allentown, PA 18104 07/22/96 Outstanding Page 1 of 1 APPLICATIONS BULLETIN (For the week ending November 30, 1996) SECTION I - APPLICATIONS SUBJECT TO NEW SPAPER NOTICE ONLY Received Section 3(a)(1) notice from American National Bancorp, Parma, Ohio, on November 25, 1996, to acquire The American National Bank, Parma, Ohio. *November 11, 1996 SECTION II - APPLICATIONS SUBJECT TO BOTH NEW SPAPER AND FEDERAL REGISTER NOTICE NONE SECTION f f l - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY NONE 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 o f Receipt AVAILABILITY O F CRA PUBLIC E V ALU A TIO N S (November 29, 1996) The following state member banks have been examined by the Federal Reserve Bank o f 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 29, 1996. If you are interested in obtaining a copy o f 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 o f 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 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. N E E D S TO IM PROVE: a bank 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 NON COMPLIANCE: a bank in this group has a substantially deficient record o f ascertaining and helping to meet the credit needs o f >tc entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Fayette Bank and Trust Company 58 West Main Street Uniontown, PA 15401 Rating: Outstanding Exam Date: 7-29-96 Disclosure Date: 11-25-96 The Andover Bank 19 Public Square Andover, OH 44003 Rating: Outstanding Exam Date: 4-8-96 Disclosure Date: 11-27-96 Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Ap p l i c a t i o n Comment P e r i o d E n d i n g D a t e F & M Bank - Richmond, Richmond, V i r g i n i a , to e s t a b l i s h a branch a t 6980 F o r e s t H i l l A v e n u e , Richmond, V irg in ia .* 12 -2 5 -9 6 Bank o f t h e E a s t e r n S h o r e , C a m b r id g e , M a r y la n d , f o r m em bership i n t h e F e d e r a l R e s e r v e S ystem . 12 -3 1-9 6 Section II - ApplicationsSubject to Both Newspaper.and Federal Register Notice Comment Period Ending Pate Ap p l i c a t i o n S o u th e rn N a t i o n a l C o r p o r a t i o n , W instonS ale m , N o r t h C a r o l i n a ; and BB&T F i n a n c i a l C o r p o r a tio n o f V i r g i n i a , W in sto n -Salem , N orth C a r o l in a , t o a c q u i r e F i d e l i t y F i n a n c i a l B an ksh ares o f V i r g i n i a , V i r g i n i a Beach, V irg in ia .* 12 -4 -9 6 ** S e ctio n III - A p p lic a tio n s S u b ject to Ap p l i c a t i o n Federal R e g is t e r N o tic e Comment P e r i o d E n d in g D a t e None. S e c t i o n IV - A p p l i c a t i o n N o t S u b j e c t t o F e d e r a l R e g i s t e r N o t i c e o r Newspap e r N o t i c e Ap p l i c a t i o n C i t y H o l d i n g Company, C h a r l e s t o n , West V i r g i n i a , t o expand i t s e x i s t i n g m ortga ge lo an s e r v i c i n g b u s in e s s by a c q u ir in g th e a s s e t s o f Prim e F i n a n c i a l C o r p o r a t i o n , C o s t a M esa, C a l i f o r n i a . F i r s t N a t i o n a l Bancorp, I n c . , S t . M arys, West V i r g i n i a , t o redeem 16 .8 % o f i t s common s t o c k . *A p p lica tio n is ♦ E x p ira tio n o f su b je c t to CRA r e q u i r e m e n t s . comment p e r i o d sp e c ifie d in the Federal R e g is te r . Federal Reserve Bank of Richmond Section^.V._=_Avai1abi 1itv of CRA Public Evaluations Week ending November 29, 1996 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 con sistent 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 First Virginia Bank - Franklin County 228 Franklin Street Rocky Mount, Virginia 24151-1329 Virginia Heartland Bank 4700 Harrison Road Fredericksburg, Virginia 7-8-96 Rating Satisfactory 8-26-96 Outstanding First Community Bank of Saltville 109 East Main Street Saltville, Virginia 24370 8-26-96 Outstanding The First Bank of Stuart Blue Ridge and Main Streets Stuart, Virginia 24171 8-26-96 Satisfactory 22408-1815 Federal Reserve Bank of Atlanta Applications Bulletin for. Week Ending November 29, 1996 Section 1 - Applications Subject to Newspaper Notice Only application Comment Period Ending Date Fifth Third Bank of Florida 12-15-96* Naples, Florida To establish a branch located at 9000 Bonita Beach Road, Bonita Springs, Florida, to be known as the Bonita Banking Center. Section..2 ..Applications „Siifel&ct...tp Both Newspaper and Federal Register Notice Appli c a t ion Comment-Period Ending Date Th Bancshares, Inc. Jennings, Louisiana 1-BHC formation, Th Bank, Jennings, Louisiana. Whitney Holding Corporation New Orleans, Louisiana To merge with First National Bankshares, Inc., directly acquire First National Bank of Houma, Section 3(a)(5) of the Bank Holding Company Act. 12-23-96* Federal Register Not yet available* Houma, Houma, Louisiana, Louisiana, and thereby pursuant to Section 3 - Applications Subject to Federal Register Only Application Comment Period Ending Date None. Section 4 - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Lamar Capital Corporation Purvis, Mississippi 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, through its newly formed subsidiary, The Mortgage Shop, Incorporated, Purvis, Mississippi. Deposit Guaranty Corp. Jackson, Mississippi To expand the geographic scope of Deposit Guaranty Louisiana Corp., Shreveport, Louisiana, from Louisiana, to nationwide, and thereby expand data processing activities, pursuant to Section 225.25(b)(7) of Regulation Y and Section 4(c)(8) of the Bank Holding Company Act. ♦Subject to provisions of the Community Reinvestment Act. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending November 29. 1996 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 institutions 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. 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. Bank CRA Rating Central Bank Post Office Box 521599 Miami, Florida 33152 (305)592-6641 Satisfactory Examination PfrtS 08-19-96 Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending November 29,_ 1996 Recently Approved Applications Approval Pate First Central Bank 11-25-96 St. Petersburg, Florida After-the-fact change in control by Mr. Eldred Ralph Crawford and Mrs. Mary Lou Crawford, to collectively retain 23.96 percent of the outstanding shares of First Central Bank, St. Petersburg, Florida. First Southern Bank 11-22-96 Boca Raton, Florida To establish a branch located at 7301 West Palmetto Road, Boca Raton, Florida, to be known as the Palmetto Park Branch. First Southern Bank 11-22-96* Boca Raton, Florida To establish a branch located at 3050 North Federal Highway, Lighthouse Point, Florida, to be known as the Lighthouse Point Branch. Prosperity Banking Company S t . Augustine, Florida Commitment waiver request. 11-25-96 1st Floyd Bank 11-27-96 Rome, Georgia Notice for 1-BHC formation, 1st Floyd Bank, Rome, Georgia. Forsyth Bancshares, Inc. Cumming, Georgia 1-BHC formation, The Citizens (in organization). 11-25-96 Bank of Forsyth County, Cumming, Georgia CB&T Holding Corporation 11-27-96 New Orleans, Louisiana Change in control notice by Mr. Gary N. Solomon and Mrs. Martha N. Solomon to collectively acquire an additional 21.63 percent of the outstanding shares of CB&T Holding Corporation, New Orleans, Louisiana. The acquisition will increase the total ownership to 43.25 percent. Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Type Application Branch Lake Forest Bank & Trust Company Lake Forest, Illinois 911 South Telegraph Road Lake Forest, Illinois NP - 12-5-96 Branch First American Bank Carpentersville, Illinois 80 Stratford, Square Bloomingdale, Illinois NP - 12-4-96 Branch First American Bank Carpentersville, Illinois 33 South Rand Road Lake Zurich, Illinois NP - 12-4-96 Branch First American Bank of Kankakee Kankakee, Illinois 6200 West 95th Street Oak Lawn, Illinois NP - 11-29-96 Branch First American Bank Joliet, Illinois U .S. Route 30 and Mall Loop Drive Joliet, Illinois NP - 12-4-96 Branch Isabella Bank and Trust Mt. Pleasant, Michigan 1125 N. McEwan Street Clare, Michigan NP - 12-19-96 Branch Union Bank & Trust Company Evansville, Wisconsin 121 Fifth Avenue Belleville, Wisconsin NP - 12-21-96 NP - Newspaper FR - Federal Register * - Subject to Provisions of Community Reinvestment Act 2 ** - Not available at this time Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Type Application 3(a)(1) Notice Iron Horse Bancshares, Inc. Mazomanie, Wisconsin Peoples State Bank o f Mazomanie, Wisconsin Mazomanie, Wisconsin 3 jsjp _ ** Federal Reserve Bank of Chicago Section IT - Applications Subject to Both Newspaper and Federal Register Notice Cont’d Comment Period Ending Date Type Application 3(a)(1) New Asia Bancorp* Chicago, Illinois NAB Bank Chicago, Illinois F R - 11-29-96 NP - 10-21-96 3(a)(3) Pontiac Bancorp, Inc.* Pontiac, Illinois Bank o f Dwight Dwight, Illinois FR - 11-29-96 NP - 11-25-96 3(a)(1) AmeriMark Financial Corporation.* Oak Brook, Illinois Duco Bancshares, Inc. Villa Park, Illinois Bank of Illinois in DuPage Villa Park, Illinois FR - 12-20-96 NP - 12-16-96 3(a)(1) Barker Brothers, Inc.* Springfield, Illinois Middletown Bancorp, Inc. Middletown, Illinois Middletown State Bank Middletown , Illinois Latham Bancorp, Inc. Latham, Illinois State Bank o f Latham Latham, Illinois FR - 12-13-96 NP _ ** 4 Federal Reserve Bank of Chicago Section IT - Applications Subject to Both Newspaper and Federal Register Notice Cont’d Comment Period Ending Date Type Application 3(a)(3) Wintrust Financial Corporation* Wilmette, Illinois Barrington Bank & Trust Company, National Association Barrington, Illinois (in organization) F R - 11-29-96 N P - 11-25-96 CoC-HC MWA Bancorporation Estherville, Iowa By Greg J. Currell FR - 12-03-96 NP - ** 3(a)(1) Pineries Bankshares, Inc.* Stevens Point, Wisconsin Mattoon State Bank Mattoon, Wisconsin FR - 12-19-96 NP - 12-15-96 CoC-HC Community Central Bank Corporation Mount Clemens, Michigan By Willard G. Pierce FR - 12-12-96 NP - 12-12-96 3(a)(1) Bando McGlocklin Capital Corporation* Pewaukee, Wisconsin InvestorsBank Pewaukee, Wisconsin (in organization) FR - 12-27-96 NP - ** 3(a)(1) CH and JD Byrum, LLC* Indianapolis, Indiana American State Corporation Lawrenceburg, Indiana American State Bank Lawrenceburg, Indiana FR - 12-27-96 NP - 12-2-96 5 Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Cont’d Comment Period Ending Date Type Application 3(a)(3) Old Kent Financial Corporation* Grand Rapids, Michigan Old Kent Bank, National Association (in organization) Jonesville, Michigan FR - 12-20-96 NP - ** 3(a)(3) Beaman Bancshares, Inc.* Beaman, Iowa Producers Savings Bank Green Mountain, Iowa FR - 12-23-96 3(a)(1) Two Rivers Bank Holding Company* Rock Valley, Iowa Rock Valley State Bank Rock Valley, Iowa (in organization) FR - 11-29-96 N P - 11-29-96 3(a)(3) Panhandle Aviation, Inc.* Carinda, Iowa National Bank o f Iowa Danison, Iowa FR - 12-03-96 Mound City Financial Services, Inc.* Platteville, Wisconsin Mound City Bank Platteville, Wisconsin FR - 12-06-96 3(a)(1) Independent Bancorp., Limited* Little Chute, Wisconsin Bank o f Little Chute Little Chute, Wisconsin FR - 12-09-96 NP - 12-05-96 3(a)(5) Associated Banc-Corp.* Green Bay, Wisconsin Centra Financial, Inc. West Allis, Wisconsin Central Bank West Allis, Wisconsin FR - 12-20-96 NP - ** 3(a)(1) N p . ** NP .** 6 NP _** Federal Reserve Bank of Chicago Section ITT - Applications Suhject to Federal Register Notice Only cont’d Comment Period Ending Date Type Application 4(c)(8) AmeriMark Financial Corporation Oak Brook, Illinois Banill Corporation Villa Park, Illinois FR - 12-20-96 4(c)(8) Heartland Financial USA, Inc. Dubuque, Iowa Tri-State Community Credit Corp. Dubuque, Iowa FR - 12-13-96 4(c)(8) Bando McGlocklin Capital Corporation Pewaukee, Wisconsin Bando McGlocklin Investment Corporation Pewaukee, Wisconsin Bando McGlocklin Small Business Lending Company Pewaukee, Wisconsin FR - 12-27-96 4(c)(8) Associated Banc-Corp Green Bay, Wisconsin Associated Banc-Corp Services, Inc. Green Bay, Wisconsin PR . ** 7 Federal Reserve Bank of Chicago Section TV - Applications Not Subject to Federal Register or Newspaper Notice Type Application ROS Bankers Trust Company Des Moines, Iowa to redeem $2 million in noncumulative preferred stock 8 Federal Reserve Bank o f Chicago Section V - Availability o f CRA Public Evaluations The following state member banks have been examined by the Federal Reserve Bank o f 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 29, 1996. If you are interested in obtaining a copy o f the evaluation document, please contact the bank(s) directly. Identification o f 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 o f 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 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. NI - An institution in this group has a 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. SN - An institution in this group has a substantial noncompliance 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 capabilies. BANK NAME/LOCATION EXAMINATION DATE RATINGS Central Bank 160 West Main Street Russiaville, Indiana 46979-0127 (317) 453-9100 8/12/96 NI First American Bank 635 1st Street Webster City, Iowa 50595-0370 (515) 955-0662 8/12/96 S 9 Federal R eserve Bank o f St. Louis FOR THE WEEK ENDING NOVEMBER 29, 1996 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE Application End o f Comment Period None. SECTION H - APPLICATIONS SUBJECT TO BOTH NEW SPAPER AND FEDERAL REGISTER NOTICE Application End o f Comment Period * Section 3(a)(1) application by New London Bancshares, Inc., New London, Missouri, to acquire Behrens Bancshares, Inc., New London, Missouri. Newspaper: 12-23-96 * Section 3(a)(3) application by Union Planters Corporation, Memphis, Tennessee, to acquire 19.8% o f First National Bank, Pontotoc, M ississippi. Newspaper: 12-27-96 SECTION HI - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application End o f Comment Period Section 4(c)(8) notification (expedited) by National Commerce Bancorporation, Memphis, Tennessee, to acquire J & S Leasing, Inc., Knoxville, Tennessee. N /A SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEW SPAPER NOTICE Application End o f Comment Period Section 9 membership application by MidSouth Bank, Monette, Arkansas. N /A * * This application/notification is subject to CRA. FE D E R A L R E SE R V E B A N K O F ST . L O U IS FOR THE WEEK ENDING NOVEMBER 29, 1996 SECTION V - AVAILABILITY OF CRA PUBLIC DISCLOSURES Identification oLRatingsi 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 of 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. Nam e o f Bank None Bank Address Exam ination Exam ination D ate Rating FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application NONE. FEDERAL RESERVE BANK OF MINNEAPOLIS Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Application International Bancorporation, Golden Valley, Minnesota, for prior approval to acquire 100% of the voting shares of the Carlton County Bancorporation, Inc., Cloquet, Minnesota. * December 27, 1996 (Federal Register) * Subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application NONE. FEDERAL RESERVE BANK OF MINNEAPOLIS Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application NONE. FEDERAL RESERVE BANK OF MINNEAPOLIS Section V - Availability of CRA Public Evaluations week ending November 2 9 , 1996 ASSIGNMENT OF RATING Identification of Ratings In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following groups: OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS. An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS. An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low-and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANKYS1 E X A M I N E D DATE OF EXAMINATION CRA RATING Farmers State Bank P.O. Box 187 Faith, SD 57626-0187 (605) 967-2191 April 15, 1996 Satisfactory Fulton State Bank P.O. Box 77 Fulton, SD 57340 (605) 996-5731 August 12, 1996 Outstanding FEDERAL RESERVE BANK OF MINNEAPOLIS Section V - Availability of CRA Public Evaluations week ending November 29, 1996 (continued) BANK(S) EXAMINED DATE QF EXAMINATION CRA RATING First Security Bank of Laurel P.O. Box 277 Laurel, MT 59044-0277 (406)628-4318 August 19, 1996 Satisfactory Federal Reserve Bank of Kansas C ity SECTION T- APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONT.Y APPLICATION COMMENT PERIOD ENDING PATH American National Bank, Wichita, Kansas, for prior approval to become a member of the Federal Reserve System. Not Available SECTION n - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING DATE Lyle L. and Carolyn J. Fiene, both of Reeds Spring, Missouri, for approval to retain a total of 36.84 percent of the voting shares of Gardner Bancorp, Inc., Gardner, Kansas. December 13, 1996 Berthoud Bancorp ESOP, Berthoud, Colorado, for prior approval to acquire at least 50 percent of the voting shares of Berthoud Bancorp, Inc., Berthoud, Colorado.* December 17, 1996 Michael J. Klaassen, Trustee of the Theodore K. Klaassen Revocable Living Trust and the Talma B. Klaassen Revocable Living Trust, all of Wichita, Kansas, for prior approval to acquire an additional 65.19 percent, for a total of 66.58 percent, of the voting shares of Chisholm Trail Financial Corporation, Wichita, Kansas. December 17, 1996 First Team Resources Corporation, Derby, Kansas, for prior approval to become a bank holding company through the acquisition of 97.12 percent of the voting shares of First National Bank, Derby, Kansas.* December 27, 1996 SECTION ITT - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION None. COMMENT PERIOD ENDING DATE Federal Reserve Bank of Kansas C ity 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. 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 Exam Date CRA Public Date Bank of Holyrood P.O. Box 128 Holyrood, Kansas 67450-0128 08/26/96 11/25/96 ♦Application is subject to CRA. CRA Rating Satisfactory FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF NOVEMBER 25, 1996 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY NOTICE EXP APPLICATION None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE ** NOTICE EXP APPLICATION *Section 3(a)(3) application by Keene Bancorp, Inc. 401(K) ESOP&T, Keene, TX, to acquire additional shares of Keene Bancorp, Inc., Keene, TX N/A Change in Control Notice by Wilma McKnight, Throckmorton, TX, and Nan McKinney Daws, Wichita Falls, TX, to acquire an interest in Throckmorton Bancshares, Inc., Throckmorton, TX N/A SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION Notice by First Riesel Corporation, Riesel, TX, to redeem 5,5b7 shares of its cunimon stock * 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 25, 1996 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 Security State Bank 115 W. 3rd St. P. 0. Box 2037 Pecos, Texas 79772 96/08/26 CRA Ratinq Satisfactory FEDERAL RESERVE BANK OF SAN FRANCISCO W eekending 11/29/96 Section I - Applications Subject to Newspaper Notice Only Application Comment Period EndingDate Farmers and Merchants Bank o f Rockford, Opportunity, Washington, to establish a branch office at the Tidyman’s Grocery Store located at 2024 North Argonne, Spokane, Washington. Newspaper: 12/15/96 Farmers and Merchants Bank o f Rockford, Opportunity, Washington, to establish a branch office at the Tidyman’s Grocery Store located at 6405 North Addison, Spokane, Washington. Newspaper: 12/15/96 Farmers and Merchants Bank o f Rockford, Opportunity, Washington, to establish a branch office at the Tidyman’s Grocery Store to be located at the corner o f Pullman Highway and Spokane Road, Spokane, Washington. Newspaper: 12/15/96 Farmers and Merchants Bank o f Rockford, Opportunity, Washington, to establish a branch office at 10606 North Highway, Spokane, Washington. Newspaper: 12/02/96 Great Basin Financial Corporation, Elko, Nevada, to become a bank holding company by acquiring Great Basin Bank o f Nevada, Elko, Nevada. * Newspaper: 12/20/96 Fed. Reg.: 12/19/96 Basswood Financial Partners, L.P. , 1994 Garden State Trust, both at Paramus, N.J., and Basswood International Fund, Hamilton, Bermuda, to acquire up to 24.9 percent o f SC Bancorp, Anaheim, California. * Newspaper: Not Available Fed.Reg.: Not Available Section II - Applications Subject to Both Newspaper and Federal Register Notice Section III -Applications Subject to Federal Register Only None Section IV - Applications Not Subject to Federal Register Noticeor Newspaper Notice (Cont’d.) None * Subject to CRA. FEDERAL RESERVE BANK OF SAN FRANCISCO W eekending 11/29/96 Section V - Availability o f CRA Public Evaluations The CRA public evaluations o f the institution^) below became available during this week. Information about a particular institution’s CRA evaluation may be obtained directly from the institution. Institution Location Examination Date Rating* Santa Barbara Bank and Trust 1021 Anacapa Street P.O . Box 1119 Santa Barbara California 93102-1119 07/15/96 Satisfactory (805) 564-6300 *Under the rating system an institution’s CRA performance is assigned one o f the following four ratings: O utstanding record o f m eeting com m unity credit needs: An institution has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs o f its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record o f m eeting com m unity credit needs: An institution has a satisfactory record o f ascertaining and meeting the credit needs o f its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. N eeds to Im prove record o f m eeting com m unity credit needs: An institution needs to improve its overall record o f ascertaining and helping to meet the credit needs o f its entire delineated community, including low- to moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Substantial N oncom pliance in m eeting com m unity credit needs: An institution has a substantially deficient record o f ascertaining and helping to meet the credit needs o f its entire delineated community, including low- to moderate-income neighborhoods, in a manner consistent with its resources and capabilities. The above listing has been prepared as a courtesy by the Federal Reserve Bank o f 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.
@FedFRASER