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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1996, No. 41 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending October 12, 1996 ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK HOLDING COMPANIES Nacogdoches Commercial Bancshares, Inc., Nacogdoches, Texas - - t o acquire Security National Bank. Approved, October 9, 1996. Provident Bancorp, Inc., Cincinnati, Ohio -- request for modification of certain commitments regarding relationships between American Financial Group, Inc., and Provident. Granted, October 11, 1996. BANKS. FOREIGN Banca di Roma S.p.A., Rome, Italy - - t o establish branches in New York, New York, and Chicago, Illinois, and agencies in San Francisco, California, and Houston, Texas. Approved, October 9, 1996. Unibanco-Uniao de Bancos Brasileiros, S.A., Sao Paulo, Brazil -- to establish a representative office in Miami, Florida. Approved, October 9, 1996. ENFORCEMENT Citizens Bank, Lawton, Oklahoma, BankSouth Corporation; and First Chattanooga Corporation written agreements dated August 27, 1992, terminated October 4, 1996. Announced, October 9, 1996. First FSB Bancshares, Inc., Mt. Calm, Texas -written agreement dated February 18, 1994, terminated August 23, 1996. Announced, October 9, 1996. First Security Banshares, Inc., Lake Park, Iowa written agreement dated January 23, 1995, terminated September 26, 1996. Announced, October 9, 1996. Liberty Agency, Inc., Kirk, Colorado -- written agreement dated November 18, 1933, terminated August 13, 1996. Announced, October 9, 1996. H.2 OCTOBER 6, 1996 PAGE 2 TO OCTOBER 11, 1996 ACTIONS TAKEN BY THE BOARD OF GOVERNORS INTERNATIONAL OPERATIONS Comerica Bank-Ann Arbor, N.A., Ann Arbor, Michigan to establish Munder UK, L.L.C., and for Munder UK to acquire shares of Framlington Holdings Limited, London, England. Approved, October 9, 1996. Republic National Bank of New York, New York, New York - - t o establish a branch in Taipei, Taiwan. Permitted, October 11, 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 Secretary AmSouth Bank of Alabama, Birmingham, Alabama - - t o establish a branch at 1882 East Main Street, Prattville, Alabama. Approved, October 10, 1996. New York Chase Manhattan Bank, New York, New York -- to establish an offsite electronic facility at International Business Machines, 500 Mamaroneck Avenue, Harrison, New York. Approved, October 10, 1996. St. Louis FirstBank, Creve Coeur, Missouri - - t o establish a branch at 6211 Mid Rivers Mall Drive, St. Peters, Missouri. Approved, October 7, 1996. Chicago Harris Trust and Savings Bank, Chicago, Illinois -to establish a branch at 4723 South Kedzie Avenue. Approved, October 11, 1996. H.2 OCTOBER 6, 1996 PAGE 3 TO OCTOBER 11, 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK BRANCHES. DOMESTIC New York Manufacturers and Traders Trust Company, Buffalo, New York - - t o establish branches at Tops Supermarket Inc. at 2101 Elmwood Avenue; 3956 Vineyard Drive, Dunkirk; and 2401 West State Street, Olean, New. York. Approved, October 11, 1996. Chicago Old Kent Bank, Grand Rapids, Michigan -- to establish a branch at 20600 Eureka Road, Taylor, Michigan. Approved, October 9, 1996. New York Orange County Trust Company, Middletown, New York -to establish a branch at Redner's Warehouse Market in Playtogs Plaza, 156 Dolson Avenue. Approved, October 11, 1996. Chicago Peoples Bank and Trust Company, Sunman, Indiana - - t o establish a branch at 100 Sycamore Estate Drive, Aurora, Indiana. Approved, October 11, 1996. San Francisco Santa Barbara Bank and Trust, Santa Barbara, California - - t o establish a branch at 789 South Victoria Avenue, Ventura, California. Approved, October 8, 1996. New York Summit Bank, Hackensack, New Jersey - - t o establish a full service branch at Pathmark Supermarket at 651 North Stiles Street, Linden; and 10 South Avenue, Garwood, New Jersey. Approved, October 10, 1996. H.2 OCTOBER 6, 1996 PAGE 4 TO OCTOBER 11, 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK BRANCHES. DOMESTIC Richmond Triangle Bank, Raleigh, North Carolina - - t o establish a branch at 1381 North Main Street, Fuquay-Varina, North Carolina. Approved, October 7, 1996. Richmond Triangle Bank, Raleigh, North Carolina - - t o establish a branch at 6408 Falls of Neuse Road. Approved, October 11, 1996. Cleveland Twin Valley Bank, West Alexandria, Ohio - - t o establish a customer-bank communication terminal branch at the northwest corner of 308 West Dayton Street. Approved, October 7, 1996. Philadelphia United Bank of Philadelphia, Philadelphia, Pennsylvania -- to establish a branch in the ShopRite Supermarket at 100 East Olney Avenue. Withdrawn, October 8, 1996. BANK HOLDING COMPANIES Chicago Brunsville Bancorporation, Inc., Brunsville, Iowa -notification of intent to engage de novo in all types of insurance activities. Permitted, October 8, 1996. Atlanta Citizens Corporation, Franklin, Tennessee -- to acquire Peoples State Bancshares, Inc., Grant, Alabama, and Peoples State Bank. Approved, October 11, 1996. Atlanta Citizens Corporation, Franklin, Tennessee, and the Harrison Group, Inc. -- notification of intent to engage directly in mortgage lending activities and to engage in data processing activities through Financial Data Technology Corporation. Approved, October 11, 1996. S t . Louis Community Bank Shares of Indiana, Inc., New Albany, Indiana - - t o acquire Community Bank of Southern Indiana. Approved, October 9, 1996. H.2 OCTOBER 6, 1996 PAGE 5 TO OCTOBER 11, 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES St. Louis Country Bancorp, Inc., Hillsboro, Illinois -- to acquire Keyesport Bancshares, Inc., Keyesport, Illinois, and State Bank of Keyesport. Withdrawn, October 9, 1996. Dallas Delaware International Bancshares, Inc., Dover, Delaware - - t o acquire International Bank, Corpus Christi, Texas. Approved, October 11, 1996. San Francisco DH Technology, San Diego, California; We The People's Federal Credit Union, San Leandro, California, Trimble Navigation Limited, Sunnyvale, California, and Pacific International Services Corporation, Honolulu, Hawaii -- registration under Regulation 6. Withdrawn, October 8, 1996. Atlanta Farmers Bancshares, Inc., Cheneyville, Louisiana to acquire Farmers Bank 8 Trust of Cheneyville. Approved, October 6, 1996. Dallas First International Bancshares, Inc., Corpus Christi, Texas -- to acquire Delaware International Bancshares, Dover, Delaware, and International Bank, Corpus Christi, Texas. Approved, October 11, 1996. Atlanta Harrison Group, Inc., Franklin, Tennessee -- to acquire Peoples State Bancshares, Inc., Grant, Alabama, and Peoples State Bank. Approved, October 11, 1996. Chicago Hometown Financial Group, Inc., Flanagan, Illinois -to acquire Flanagan State Bank. Approved, October 7, 1996. H.2 OCTOBER 6, 1996 PAGE 6 TO OCTOBER 11, 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Minneapolis Jorgenson Holding Company, Kenmare, North Dakota -to acquire First National Bancshares, Inc., Willston, North Dakota. Approved, October 11, 1996. Chicago Merrill Bancorporation, Inc., Merrill, Iowa -notification of intent to engage de novo in all types of insurance activities. Permitted, October 8, 1996. Secretary National City Corporation, Cleveland, Ohio, and National City Mortgage Company, Miamisburg, Ohio -to acquire Muirfield Mortgage Limited Partnership, Dallas, Texas, and engage in originating residential mortgage loans. Approved, October 11, 1996. Chicago Northern Trust Corporation, Chicago, Illinois -- to acquire Metroplex Bancshares, Inc., Dallas, Texas, Metroplex Delaware Corporation; and Bent Tree National Bank. Approved, October 11, 1996. Minneapolis Norwest Corporation, Minneapolis, Minnesota, Norwest Financial Services, Inc., Des Moines, Iowa, and Norwest Financial, Inc. - - t o engage de novo in the State of Maine in lending and credit-related insurance activities, and management reporting and data processing services. Permitted, October 8, 1996. Boston Peoples Heritage Financial Group, Inc., Portland, Maine -- notification of intent to acquire Family Bancorp, Haverhill, Massachusetts, and the Family Bank, FSB. Permitted, October 11, 1996. Boston Royal Bank of Scotland PLC, Edinburgh, Scotland, The Governors and Company of The Bank of Ireland, Dublin, Ireland, and Financial Group, Providence, Rhode Island -- to acquire Farmers 8 Mechanics Bank, Middletown, Connecticut. Approved, October 11, 1996. H.2 OCTOBER 6, 1996 PAGE 7 TO OCTOBER 11, 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Secretary South Trust Corporation, Birmingham, Alabama, and SouthTrust of Florida, Inc., Jacksonville, Florida - - t o acquire Preferred Bank, A Federal Savings Bank, Palmetto, Florida, and engage in operating a savings association. Approved, October 9, 1996. San Francisco Starwood Lodging Corporation, Los Angeles, California, and Starwood Lodging Trust -- registration under Regulation G. Approved, October 10, 1996. New York Sussex Bancorp, Franklin, New Jersey - - t o acquire Sussex County State Bank. Approved, October 11, 1996. Director, BS&R Trans Financial, Inc., Bowling Green, Kentucky -request for relief from commitment in connection with approval to engage in full-service brokerage activities through General Service Corporation, Tullahoma, Tennessee, and Trans Financial Service Corporation, Russellville, Kentucky. Granted, October 10, 1996. Chicago Union-Calhoun Investment, Ltd., Rockwell City, Iowa - notification of intent to purchase Wetter Tax Services and thereby engage in tax preparation. Permitted, October 11, 1996. Secretary Whitney Holding Corporation, New Orleans, Louisiana - to merge with Liberty Holding Company, Pensacola Florida, and acquire Whitney National Bank of Florida. Approved, October 7, 1996. H.2 OCTOBER 6, 1996 PAGE 8 TO OCTOBER 11, 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK MERGERS Secretary Bank of New York, New York, New York - - t o purchase substantially all the assets and liabilities of The Bank of New York (NJ), West Paterson, New Jersey, and to merge with The Putnam Trust Company, Greenwich, Connecticut, and to establish branches at branch locations operated by BNYNJ and Putnam. Approved, October 7, 1996. Richmond First Virginia Bank-Colonial, Richmond, Virginia -to merge with First Virginia Bank-South Hill, South Hill, Virginia. Approved, October 10, 1996. BANKS. NONMEMBER. AND MISCELLANEOUS INSTITUTIONS Director, BS&R Magna Trust Company, Belleville, Illinois registration as transfer agent. Withdrawn, October 8, 1996. CHANGE IN BANK CONTROL Kansas City First Norton Corporation, Norton, Kansas -- change in bank control. Permitted, October 7, 1996. Philadelphia Pocono Community Bank, Stroudsburg, Pennsylvania -* change in bank control. Permitted, October 8, 1996. New York Sussex Bancorp, Franklin, New Jersey -- change in bank control. Permitted, October 11, 1996. COMPETITIVE FACTORS REPORTS Dallas American National Bank of Texas, Terrell, Texas, proposed acquisition of the assets and assumption of the liabilities of two branches of Bank of America, Texas, N.A., Irving, at 5809 Wesley Street, Greenville; and 410 West North Commerce, Wills Point, Texas -- report on competitive factors. Submitted, October 7, 1996. H.2 OCTOBER 6', 1996 PAGE 9 TO OCTOBER 11, 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Dallas Austin Bank, Whitehouse, N.A. Whitehouse, Texas -proposed purchase of the assets and assumption of the liabilities of the branch at 501 Highway 110 North from Bank of America, Texas, N.A., Irving, Texas -- report on competitive factors. Submitted, October 11, 1996. Minneapolis Bank Midwest, Minnesota Iowa, N.A., Fairmont, Minnesota, proposed merger with Bank Midwest, Minnesota Iowa, N.A., Jackson, Minnesota -- report on competitive factors. Submitted, October 10, 1996. St. Louis Bank of East Tennessee, Morristown, Tennessee, proposed merger with Franklin Federal Savings Bank -- report on competitive factors. Submitted, October 8, 1996. Cleveland Bank One, Bloomington, N.A., Bloomington, Indiana, Bank One, Lafayette, N.A., Lafayette; Bank One Rensselaer, N.A., Rensselaer; Bank One Crawfordsville, N.A., Crawfordsville; Bank One, Merrillville, N.A., Merrillville; Bank One Richmond, N.A., Richmond; and Bank One Marion, N.A., Marion, Indiana, proposed merger with Bank One, Indianapolis, N.A. Indianapolis, Indiana -report on competitive factors. Submitted, October 11, 1996. St. Louis Carlinville National Bank, Carlinville, Illinois, proposed purchase of the assets and assumption of the liabilities of the Hillsboro, Illinois, branch of First of America Bank-Illinois. National Association, Hillsboro, Illinois -- report on competitive factors. Submitted, October 8, 1996. H.2 OCTOBER 6, 1996 PAGE 10 TO OCTOBER 11, 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Richmond First Citizens Bank and Trust Company of South Carolina, Columbia, South Carolina, proposed acquisition of the assets and assumption of the liabilities of two Chester, South Carolina, branches of First Union National Bank of South Carolina, Greenville, South Carolina -- report on competitive factors. Submitted, October 10, 1996. Dallas First Heritage Bank, Pittsburg, Texas, proposed merger with First Service Bank, Gladewater, Texas - report on competitive factors. Submitted, October 7, 1996. San Francisco First National Bank of Arizona, Phoenix, Arizona, proposed purchase of certain assets and assumption of certain liabilities of four Arizona branches of Home Savings Bank -- report on competitive factors. Submitted, October 11, 1996. Cleveland First Southern National Bank of Fayette County, Lexington, Kentucky, proposed purchase of the assets and assumption of the liabilities of the Nicholas, branch, of First Southern National Bank of Jessamine, Nicholasville, Kentucky -- report on competitive factors. Submitted, October 11, 1996. Dallas First State Bank, Deleon, Texas, proposed merger with First State Bank of Dublin, Dublin, Texas -- report on competitive factors. Submitted, October 9, 1996. Minneapolis First State Bank of LaMoure, LaMoure, North Dakota, proposed merger with the State Bank of Marion, Marion, North Dakota -- report on competitive factors. Submitted, October 7, 1996. S t . Louis Jacksonville Savings Bank, Jacksonville, Illinois, proposed merger with Litchfield Community Savings Bank, S.B., Litchfield, Illinois -- report on competitive factors. Submitted, October 8, 1996. H.2 OCTOBER 6, 1996 PAGE 11 TO OCTOBER 11, 1996 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Cleveland Richland Trust Company, Mansfield, Ohio, proposed purchase of assets and assumption of liabilities of three offices in Mansfield, and two offices in Shelby, Ohio of Peoples National Bank, Wooster, Ohio -- report on competitive factors. Submitted, October 11, 1996. Philadelphia Sovereign Bank, F.S.B., Wyomissing, Pennsylvania, proposed merger with First DeWitt Bank, F.S.B., West Caldwell, New Jersey -- report on competitive factors. Submitted, October 8, 1996. New York Steuben Trust Company, Hornell, New York, proposed acquisition of certain assets and assumption of certain liabilities of five New York branches of Key Bank of New York, Albany, New York -- report on competitive factors. Submitted, October 7, 1996. EXTENSIONS OF TIME San Francisco Frontier Financial Corporation, Everett, Washington -- extension to divest certain property. Granted, October 8, 1996. Dallas Sundowner Bancshares, Inc., Wilmington, Delaware -extension to November 19, 1996, to acquire Sundown State Bank, Sundown, Texas. Granted, October 8, 1996. Cleveland Towne Bancorp, Inc., Perrysburg, Ohio -- extension to January 10, 1997, to acquire Towne Bank. Granted, October 10, 1996. Cleveland Towne Bank, Perrysburg, Ohio -- extension to January 10, 1997, to become a member of the Federal Reserve System. Granted, October 10, 1996. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Application Comment Period Ending Date NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Comment Period Ending Date NONE SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Application Comment Period Ending Date NONE SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS Institution Examination Date Rating** NONE *Subject to CRA. **Rating Definitions: "O" - Outstanding; "S" - Satisfactory; "N" - Needs to Improve; "SN" - Substantial Noncompliance. FEDERAL RESERVE BANK OF NEW YORK Comment Period Ending Date SECTION I Applications Subject to Newspaper _____ Notice Only______ Solvay Bank, Solvay, N ew York, to establish a branch at 4131 W est Genesee St., Cam illus, N ew York. 1 / 11/07/96 SECTION II Applications Subject to Both Newspaper and Federal Register Notice None. SECTION III Nonbanking Applications /subject to Federal Register Notice Only 1 N otice by Royal Bank o f Canada, Montreal, Canada, to acquire an interest between 5 percent and 10 percent o f Integrion Financial Network, LLC, a company that proposes to engage in provision o f data processing and transmission services through the Internet. SECTION IV Applications Not Involving Public Comment None. SECTION V Availability of CRA Public Evaluations In connection with the assessm ent o f each insured depository institution's CRA performance, a rating is assigned from the follow ing 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 m oderate-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- incom e neighborhoods, in a manner consistent with its resources and capabilities. NA N eeds 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 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. Week Ending October 12.1996 NAME OF BANK RATING None. 1 / Subject to provisions o f Community Reinvestment Act. 2/ Later o f dates specified in newspaper and Federal Register notices. 3/ 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 - N ot Available EXAMINATION DATE FEDERAL RESERVE BANK OF PHILADELPHIA SECTIO N I - APPLICATIONS RECEIVED AND SUBJECT TO NEW SPAPER NOTICE ONLY United Bank o f Philadelphia. Philadelphia, PA to establish a branch office to be located in the ShopRite Supermarket at 100 E. Olney Avenue, Philadelphia, PA, pursuant to Section 9 o f the Federal Reserve Act. *Newspaper comment period expires: N/Avail (* Application withdrawn as o f 10/8/96) SECTIO N H - APPLICATIO NS RECEIVED AND SUBJECT TO BO TH NEW SPAPER A ND FEDERAL REG ISTER NOTICE NONE SECTION m - APPLICATIO NS RECEIVED A ND SUBJECT TO FEDERAL R EG ISTER NOTICE ONLY NONE SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL R EG ISTER NOTICE O R NEW SPAPER NONE FEDERAL RESERVE BANK OF PHILADELPHIA SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS The following institutions were ©cammed for CRA. The 30-business day period the bank has to make the evaluation public has lapsed during the w eek ending October 11,1996. Identification of Ratings In connection with the assessment o f 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 m eet 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 meeting community credit needs. An institution in this group has a satisfactory record o f ascertaining and helping to meet the credit needs o f its entire delineated community, including low - and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of 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. Bank/Location Examination D ate CRA Rating NONE NONE NONE APPLICATIONS BULLETIN (For the week ending October 12, 1996) SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Received application from Citizens Savings Bank, Sandusky, Ohio, to purchase the assets o f and assume the liabilities o f three branch offices o f EST National Bank located in Berlin Heights and Sandusky, Ohio, and incident thereto establish branch facilities. * N ot Yet Known ft SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Received Section 3(a)(5) application from First Financial Bancorp, Hamilton, Ohio, to acquire Hastings Financial Corporation, Hastings, M ichigan. *N: October 26, 1996 SECTION HI - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY NONE SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE NONE * - Subject to CRA N - Newspaper Comment Period F - Federal Register Comment Period # - Expected to End 30 Days from Date o f Receipt A V A ILA BILITY O F CRA PUBLIC EVALUATIO NS (October 11, 1996) The follow ing state member banks have been exam ined 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 w eek ended October 11, 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 o f, and is a leader in, ascertaining and helping to m eet the credit needs o f its entire delineated community, including low - and m oderate-income neighborhoods, in a manner consistent with its resources and capabilities. SATISFACTO RY: a bank in this group has a satisfactory record o f ascertaining and helping to m eet the credit needs o f its entire delineated community, including low - and m oderate-income neighborhoods, in a manner consistent with its resources and capabilities. N EED S TO IM PROVE: a bank in this group needs to improve its overall record o f ascertaining and helping to m eet 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 COM PLIANCE: a bank in this group has a substantially deficient record o f ascertaining and helping to meet the credit needs o f its entire delineated com m unity, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. The Metamora State Bank 120 East Main Street Metamora, OH 43540 Exam Date: 6-10-96 Rating: Satisfactory D isclosure Date: 10-7-96 F e d e r a l R e se rv e B a n k o f R ichm ond Section I - Applications Sublaet to Newspaper Notice Only Application Comment Period Ending Date Centura Bank, Rocky Mount, North Carolina, to establish branches In two Hannaford Brothers stores In Charlotte, North Carolina, located at the intersection of Independence Boulevard and N.C. Route 51, and in Eastland Mall on Central Avenue,* 10-31-96 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 Application Comment Period Ending Date CCB Financial Corporation, Durham, North Carolina, to engage In data processing and management consulting to depository institutions through s subsidiary to be known as CCB Services, Inc,, Durham, North Carolina, Barnett Baziks, Inc,, Jacksonville, Florida; CEestar Financial Corporation, Richmond, Virginia; First Union Corporation, Charlotte, North Carolina; NationsBank Corporation, Charlotte, North Carolina; Southern National Corporation, Winston-Salem, North Carolina; and Wachovia Corporation, Winston-Salem. North Carolina, to control over 5% of Southeast Switch, Inc., Maitland, Florida, after its merger with Internet, Inc,, Reston, Virginia, 10-25-96** Not yet available. Section IV - Application Not Subject to Federal Register Notice or Newspaper Notice Application None. ^Application is subject to CRA requirements. **Expiration of comment period specified in the Federal Rasiaeer. V o d a ra l R « t * m Bank o f R ichm ond Section V - Availability of CRA Public Evaluations Week ending October 11, 1996 Definition of Ratines 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 ita resources end 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 masting 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 Ratine Centura Bank 131 North Church Street Rocky Mount, North Carolina 27804 4-29-96 Satisfactory Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending October 11. 1996 Section 1 - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date None. S e c t i o n 2 - A p p l i c a t i o n s S u b j e c t t o Both Newspaper and F e d e r a l R e g i s t e r N o t i c e A p p lica tio n Comment P e r i o d En din g D ate F i r s t C e n t r a l Bank Not y e t a v a i l a b l e * S t. P etersb u rg, F lo r id a A f t e r - t h e - f a c t ch ange i n c o n t r o l n o t i c e b y Mr. E l d r e d R a lp h C r a w fo rd and Ms. Mary Lou C r a w fo r d t o c o l l e c t i v e l y r e t a i n 2 3 . 9 6 p e r c e n t o f t h e o u t s t a n d i n g s h a r e s o f F i r s t C e n t r a l Bank, S t . P e t e r s b u r g , F l o r i d a . T o t a l o w n e r s h ip w i l l e q u a l 2 3 .9 6 p ercen t. S ectio n 3 - A p p lic a tio n s A p p lica tio n S u bject to Federal R e g i s t e r O n ly Comment P e r i o d Ending D a te N o n e. S e c t i o n 4 - A p p l i c a t i o n s Not 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 Newspaper N o t i c e A p p lic a tio n AmSouth B a n c o r p o r a t i o n Birmingham, Alabama Commitment w a i v e r r e q u e s t . U n ited S e c u r i t y Bancshares T h o m a s v i l l e , Alabama R e q u e s t f o r w a i v e r o f t h e a p p l i c a t i o n r e q u ir e m e n t o f S e c t i o n 3 (a) (5) o f t h e Bank H o ld i n g Company A c t t o merge w i t h F i r s t B a n c s h a r e s , I n c . , Grove H i l l , Alabama, and t h e r e b y d i r e c t l y a c q u i r e i t s s u b s i d i a r y , F i r s t Bank & T r u s t , Gro ve H i l l , Ala bam a. D e p o s i t G u a r a n t y Corp. Jackson, M is s is s ip p i R e q u e s t f o r w a i v e r o f t h e a p p l i c a t i o n r e q u ir e m e n t o f S e c t i o n 3 (a ) (5) o f t h e Bank H o ld in g Company A c t for its su b sid ia ry , D e p o sit G uaran ty L o u is ia n a C o rp . S h r e v e p o r t , L o u i s i a n a , t o merge w i t h J e f f e r s o n G u a r a n t y B an co rp , I n c . , M e t a i r i e , L o u isia n a , and t h e r e b y d i r e c t l y a c q u i r e J e f f e r s o n G u a r a n ty Bank, M eta irie , L o u isia n a . ♦Subject to provisions of the Community Reinvestment Act. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending October 11, 1996 S ectio n 10 - A v a ila b ility of CRA P u b l i c E v a lu a tio n s The CRA p u b l i c e v a l u a t i o n s o f t h e i n s u r e d d e p o s i t o r y i n s t i t u t i o n s l i s t e d b e lo w became a v a i l a b l e d u r i n g t h i s week. I n f o r m a t i o n a b o u t an i n s t i t u t i o n ' s CRA e v a l u a t i o n may be o b t a i n e d d i r e c t l y from t h e i n s t i t u t i o n . In c o n n e c t i o n w i t h t h e a s s e s s m e n t o f an i n s t i t u t i o n ' s CRA p e r f o r m a n c e , a r a t i n g i s a s s i g n e d from t h e fo llo w in g groups: O u t s t a n d i n g r e c o r d o f m e e t i n g community c r e d i t n e e d s : An i n s t i t u t i o n h as an o u t s t a n d i n g r e c o r d o f , and i s a l e a d e r i n , a s c e r t a i n i n g and h e l p i n g t o meet t h e c r e d i t n e e d s o f i t s e n t i r e d e l i n e a t e d community, i n c l u d i n g lo w - and m o d e r a t e income n e i g h b o r h o o d s , i n a manner c o n s i s t e n t w i t h i t s r e s o u r c e s and c a p a b i l i t i e s . S a t i s f a c t o r y r e c o r d o f m e e t i n g community c r e d i t n e e d s : An i n s t i t u t i o n h as a s a t i s f a c t o r y r e c o r d o f a s c e r t a i n i n g and h e l p i n g t o meet t h e c r e d i t n e e d s o f i t s e n t i r e d e l i n e a t e d community, i n c l u d i n g lo w - and m o d e r a t e - i n c o m e n e ig h b o r h o o d s , i n a manner c o n s i s t e n t w i t h i t s r e s o u r c e s and c a p a b i l i t i e s . Needs t o im prove r e c o r d o f m e e t i n g community c r e d i t n e e d s : An i n s t i t u t i o n n e ed s t o im prove i t s o v e r a l l r e c o r d o f a s c e r t a i n i n g and h e l p i n g t o meet t h e c r e d i t needs of its e n tire d e lin e a te d community, in clu d in g lo w and m o d e r a t e - in c o m e n e i g h b o r h o o d s , i n a manner c o n s i s t e n t w i t h i t s r e s o u r c e s and c a p a b i l i t i e s . S u b s t a n t i a l n o n c o m p lian c e i n m e e t i n g community c r e d i t n e e d s : An i n s t i t u t i o n h as a s u b s t a n t i a l l y d e f i c i e n t r e c o r d o f a s c e r t a i n i n g and h e l p i n g t o meet t h e c r e d i t n e ed s o f i t s e n t i r e d e l i n e a t e d community, i n c l u d i n g lo w - and m o d e r a t e -in c o m e n e ig h b o r h o o d s , i n a manner c o n s i s t e n t w i t h i t s r e s o u r c e s and c a p a b i l i t i e s . Bank None. CRA R a t i n g Exam ination D a te Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending October 11. 1996 R e c e n t l y A p p ro ve d A p p l i c a t i o n s C i t iz e n s Corp oration F r a n k lin , Tennessee 1-BHC form ation, Peop les S ta te Bancshares, In c ., s u b s i d i a r y , P e o p l e s S t a t e Bank, G r a n t , Ala bam a. A p p r o v a l D a te 10 -11-9 6 G rant, A labam a, and its C i t iz e n s Corp oration 10 -11-9 6 F r a n k lin , Tennessee A lo n g w i t h i t s w h o l l y - o w n e d s u b s i d i a r y , H a r r i s o n Group, I n c . , F r a n k l i n , T e n n e s s e e , t o e n g a g e d i r e c t l y i n m o rtg a g e l e n d i n g a c t i v i t i e s p u r s u a n t t o s e c t i o n 2 2 5 . 2 5 ( b ) (1) o f R e g u l a t i o n Y and, t h r o u g h F i n a n c i a l D a ta T e c h n o l o g y C o r p o r a t i o n , F r a n k l i n , Tennessee, to engage in data p ro ce ssin g a c tiv itie s pursuant to se ctio n 2 2 5 . 2 5 ( b ) (7) o f R e g u l a t i o n Y. Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Type Application Merger/Branches Kent City State Bank NP - ** Kent City, Michigan Grant State Bank Grant, Michigan - 1 0 W est Main Street, Grant, Michigan & 21 East 82nd Street, Newaygo, M ichigan Branch Security Savings Bank Famhamville, Iowa 320 Garfield Street Famhamville, Iowa NP - 11-1-% Branch Old Kent Bank Grand Rapids, Michigan 1550 West Lake Lansing Road East Lansing, Michigan 4884 Marsh Road Okemos, Michigan 6430 West Saginaw Highway Township of Delta, Michigan 921 West Holmes Road Lansing, Michigan 23 M ile Road and Gratiot Avenue Township of Chesterfield, Michigan NP - 10-2-% Branch Hedrick Savings Bank Hedrick, Iowa 101 S. Main Hedrick, Iowa NP - Newspaper FR - Federal Register * - Subject to Provisions o f Community Reinvestment Act ** - Not available at this time NP - 10-13-% Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only cont’d Comment Period Ending Date Type Application Branch M&I Marshall & Ilsley Milwaukee, Wisconsin 15445 West National Avenue New Berlin, Wisconsin NP - 10-20-96 Branch Friendship State Bank Friendship, Indiana 401 Main Street Rising Sun, Indiana NP - 10-19-96 3(a)(1) Notice Calumet Bancshares, Inc. Brillion, Wisconsin Calumet County Bank Brillion, Wisconsin NP - ** EFT Security Savings Bank Farhamville, Iowa 1015 Market Street Gowrie, Iowa NP - 10-10-96 Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Cont*d Comment Period Ending Date Jm . Application 3(a)(3) Capitol Bancorp, Ltd.* Lansing, Michigan Brighton Commerce Bank Brighton, Michigan (in organization) FR - 10-18-96 NP - 10-20-% 3(a)(3) Salin Bancorporation, Inc.* Indianapolis, Indiana Columbus Bancorp, Inc. Indianapolis, Indiana Columbus Bank and Trust Company Columbus, Inidiana FR - 11-1-% NP - ** 3(a)(3) Metrocorp, Inc.* East Moline, Illinois Metrobank-Illinois, National Association East Moline, Illinois (in organization) FR - 11-4-% NP - 11-4-% COC-HC Lakeview Financial Corporation Lakeview, Michigan Lynn P. Carr FR - 10-21-% NP - 10-14-% 3(a)(3) Old Kent Financial Corporation* Grand Rapids, Michigan Seaway Financial Corporation Saint Clair, Michigan Commercial and Savings Bank of Saint Clair County Saint Clair, Michigan Algonac Savings Bank Algonac, Michigan FR - 11-8-% NP - ** Federal Reserve Bank of Chicago Section il - Applications Subject to Both Newspaper and Federal Register Notice Cont’d Comment Period Ending Date Type Anolication 3(a)(3) Valley Bancshares, Inc.* Nisswa, Minnesota Minnesota Bancshares Corporation Augusta, Wisconsin Brainerd National Bank Baxter, Minnesota FR -10-15-96 NP -10-14-96 COC-HC Kerndt Bank Services, Inc. Lansing, Iowa Kerndt Brothers Savings Bank Lansing, Iowa FR -10-9-96 N P -* * 3(a)(3) Ida Grove Bancshares, Inc.* Ida Grove, Iowa Pierson Bancorporation, Inc. Pierson, Iowa Farmers Savings Bank Pierson, Iowa FR - 10-25-96 NP -10-18-96 3(a)(5) F & M Bancorporation, Inc.* Kaukauna, Wisconsin East Troy Bancshares, Inc. East Troy, Wisconsin State Bank of East Troy East Troy, Wisconsin F R -* * NP - ** 3(a)(3) American Bancshares, Inc.* Holstein, Iowa Pierson Bancorporation, Inc. Pierson, Iowa Farmers Savings Bank Pierson, Iowa FR -10-25-96 NP -10-18-96 Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Cont’d 1m Anplication 3(a)(1) Liberty Financial Corporation* West Des Moines, Iowa L.B.T. Bancorporation West Des Moines, Iowa Liberty Bank and Trust Lake Mills, Iowa B and K Bancorporation West Des Moines, Iowa Liberty Bank & Trust Bloomfield, Iowa Winnebago County Bancorporation West Des Moines, Iowa Liberty Bank and Trust Forest City, Iowa First Liberty Bancorp West Des Moines, Iowa Liberty Bank and Trust Mason City, Iowa BW3 Bancorporation West Des Moines, Iowa Liberty Bank and Trust Company, N.A. Pocahantas, Iowa I.S.B. Bancorporation, Inc. West Des Moines, Iowa Liberty Bank and Trust Woodbine, Iowa A.B.C. Bancorporation Tucson, Arizona Liberty Bank and Trust Tucson, Arizona Comment Period Ending Date F R - 11-8-96 N P -* * Federal Reserve Bank of Chicago Section n - Applications Subject to Both Newspaper and Federal Register Notice Cont’d 3(a)(1) G.R. Bancorp, Ltd.* Grand Ridge, Illinois First National Bank of Grand Ridge Grand Ridge, Illinois FR -11-01-96 NP -11-01-96 3(a)(3) Independence Bancshares, Inc.* Independence , Iowa Southeast Security Bank Mediapolis, Iowa (in organization) FR - 10-25-96 NP - ** 3(a)(3) Columbus Bancorp, Inc.* Indinapolis, Indiana Salin Bank and Trust Company Indianapolis, Indiana FR -11-1-96 NP - ** 3(a)(1) Bluestem Development Corporation* Joy, Illinois Joy Development Corporation Davenport, Iowa Joy State Bank Joy, Illinois FR -10-11-96 NP -10-7-% Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only cont'd Comment Period Endine Date Type Atmlication 4(c)(8) Anita Bancorporation Newton, Iowa Rolling Hills Insurance Agency, L.C. Atlantic, Iowa FR - 10-17-96 4(c)(8) Bank of Montreal Montreal, Canada to establish one or more offices in the Dominion of Canada & thereby engage in brokerage activities. FR - 10-23-96 4(c)(8) Comerica Incorporated Detroit, Michigan Bankers Motor Acceptance Corporation, Newport Beach, California & engage in subprime indirect automobile lending. FR - 10-23-96 4(c)(8) Stichting Prioriteit ABN AMRO Holding Amsterdam, The Netherlands Integrion Financial Network, L.L.C., White Plains, New York. FR - ** 4(c)(8) Stichting Administratiekantoor ABN AMRO Holding Amsterdam, The Netherlands Integrion Financial Network, L.L.C., White Plains, New York. FR - ** 4(c)(8) ABN AMRO Holding N.V. Amsterdam, The Netherlands Integrion Financial Network, L.L.C., White Plains, New York. FR - ** 4(c)(8) ABN AMRO Bank, N.V. Amsterdam, The Netherlands Integrion Financial Network, L.L.C., White Plains, New York. FR - ** Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only cont’d (c)(8) ABN AMRO North America, Inc., Chicago, Illinois Intergrion Financial Network, L.L.C., White Plains, New York. F R - ** 4(c)(8) Bankmont Financial Corp. New York, New York to establish one or more offices in the Dominion of Canada and thereby in brokerage activities. FR - ** 4(c)(8) Liberty Financial Corporation West Des Moines, Iowa Liberty Leasing Company West Des Moines, Iowa FR - 11-8-96 4(c)(8) Liberty Financial Corporation West Des Moines, Iowa Liberty Mortgage Company West Des Moines, Iowa FR - 11-8-96 4(c)(8) Liberty Financial Corporation West Des Moines, Iowa L.S.B. Bancorp Johnston, Iowa FR - 11-8-96 4(c)(8) Liberty Financial Corporation West Des Moines, Iowa Liberty Loan Store, Inc. West Des Moines, Iowa FR - 11-8-96 4(c)(8) FBOP Corporation Oak Park, Illinois Topa Savings Bank, FSB Beverly Hills, California Topa Thrift and Loan Beverly Hills, California FR - 10-7-96 Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only cont’d 4(c)(8) Bank of Montreal Montreal, Canada BMO Leasing (U.S.), Inc. Chicago, Illinois FR 10- 8- % 4(c)(8) Bankmont Financial Corp. New York, New York BMO Leasing (U.S.), Inc. Chicago, Illinois FR 10- 8-% Federal Reserve Bank of Chicago Section IV - Applications Not Subject to Federal Register or Newspaper Notice Type None Application Federal Reserve Bank of Chicago Section V - 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 October 11, 1996. If you are interested in obtaining a copy of the evaluation document, please contact the bank(s) directly. Identification of Ratines 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 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 has a needs to improve its overall 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. SN - An institution in this group has a substantial noncompliance 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 capabilies. BANK NAME/LOCATION EXAMINATION DATE RATINGS Columbus Junction State Bank 134 Main Street Columbus Junction, Iowa 52738-1028 (319) 728-2436 6/24/96 S O Federal Reserve Bank o f St. Louis FOR THE WEEK ENDING OCTOBER 11, 1996 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE Application End o f Comment Period * Section 9 application by Mid-America Bank of Louisville and Trust Company, Louisville, Kentucky, to establish a branch office at 9510 Brownsboro Road, Louisville, Kentucky. 10-28-96 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application End o f Comment Period * Section 3(a)(5) application by Albany Bancorp, Inc., Albany, Kentucky, to merge with First National Bancorp of Columbia, Inc., Columbia, Kentucky. Federal Register: 11-8-96 * Section 3(a)(3) application by South Central Bancshares, Inc., Russellville, Kentucky, to acquire Hopkins Bancorp, Inc., W ickliffe, Kentucky. Newspaper: 11-4-96 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application End o f Comment Period None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Application None.* * This application/notification is subject to CRA. End o f Comment Period FEDERAL RESERVE BANK OF ST. LOUIS St. Louis, Missouri AVAILABILITY OF CRA PUBLIC DISCLOSURES Identification of Ratings: Outstanding record of meeting community credit needs A n in s t it u t io n in th is g ro u p h a s a n o u ts ta n d in g r e c o r d o f, a n d is a le a d e r in , a s c e r ta in in g a n d h e lp in g to m e e t th e c r e d it n e e d s o f its e n tire d e lin e a te d c o m m u n ity , in c lu d in g l o w - a n d m o d e r a te - in c o m e n e ig h b o r h o o d s , in a m a n n e r c o n s is t e n t w ith its re s o u rc e s a n d c a p a b ilitie s . Satisfactory record of meeting community credit needs A n in s titu tio n in th is g ro u p h a s a s a tis fa c to r y r e c o r d o f a s c e r ta in in g a n d h e lp in g to m e e t th e c r e d it n e e d s o f its e n tire d e lin e a te d c o m m u n ity , including lo w - a n d m o d e r a t e - in c o m e n e ig h b o rh o o d s , in a m a n n e r c o n s is t e n t w it h it s re s o u r c e s a n d c a p a b ilitie s . Needs to improve record of meeting community credit needs A n in s t it u t io n in th is g ro u p n e e d s to im p ro v e its o v e r a ll r e c o r d o f a s c e r ta in in g a n d h e lp in g to m e e t t h e c r e d it n e e d s o f it s e n tir e d e lin e a te d c o m m u n ity , in c lu d in g l o w - a n d m o d e r a te - in c o m e n e ig h b o rh o o d s , in a m a n n e r c o n s is t e n t w it h it s re s o u rc e s a n d c a p a b ilitie s . Substantial noncompliance in meeting community credit needs A n in s t it u t io n in th is g ro u p h a s a s u b s ta n tia lly d e f ic ie n t r e c o r d o f a s c e r ta in in g a n d h e lp in g to m e e t t h e c r e d it n e e d s o f it s e n tir e d e lin e a te d c o m m u n ity , in c lu d in g lo w - a n d m o d e r a te - in c o m e n e ig h b o rh o o d s , in a m a n n e r c o n s is t e n t w it h it s re s o u rc e s a n d c a p a b ilitie s . FO R Name of Bank None THE WEEK ENDING October 11, 1996 Bank Address Examination Date Examination 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 Norwest Corporation, Minneapolis, Minnesota, for prior approval to acquire 100% of the voting shares of West Columbia National Bank, West Columbia, Texas. * Not yet available JDOB Inc., Sandstone, Minnesota, for prior approval to acquire 80% of the voting shares of Centennial National Bank, Walker, Minnesota, a de novo bank. * November 8, 1996 (Federal Register) Retroactive notification by Brian West to acquire control of 21.39% of the voting shares of Rice Lake Bancorp, Inc., Rice Lake, Wisconsin. October 29, 1996 (Federal Register) Glacier Bancorp, Inc., Kalispell, Montana, for prior approval to acquire 100% of the voting shares of Missoula Bancshares, Inc., Missoula, Montana. * November 8, 1996 (Federal Register) United Community Bancshares, Inc., Eagan, Minnesota, for prior approval to acquire 100% of the voting shares of the Park Financial Corporation, St. Louis Park, Minnesota. * November 8, 1996 (Federal Register) * Subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only Application Norwest Corporation, Minneapolis, Minnesota, to engage in the residential mortgage lending business through the acquisition of Central Federal Mortgage Company, State College, Pennsylvania, a joint venture with Centre Professionals, Inc., d/b/a RE/MAX Centre Realty, State College, Pennsylvania. Comment Period Ending Date October 29, 1996 FEDERAL RESERVE BANK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only (Continued) Norwest Corporation, Minneapolis, Minnesota, proposes to enter into a joint venture with other financial institutions under the name of Integrion Financial Network, LLC which will provide data processing and data transmission services in the form of a gateway through which Norwest's subsidiary banks and other subscribers to the joint venture will provide electronic financial services to their customers. October 31, 1996 MidAmerica Bancshares, Inc., St. Paul, Minnesota, to engage de novo in making and servicing loans and leasing personal and real property. October 31, 1996 Bancommunity Services Corporation, St. Peter, Minnesota, and its subsidiary, Security Shares, Inc., St. Peter, Minnesota, to engage de novo in making and servicing loans. October 31, 1996 Retroactive notice by Security Bancshares Company, Glencoe, Minnesota, to engage in savings association activities through the acquisition of more than 5% of FSF Financial Corporation, Hutchinson, Minnesota. Not yet available FEDERAL RESERVE BANK OF MINNEAPOLIS Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application NONE. FE D E R A L R E SE R V E BANK O F M IN N E A PO L IS Section V - Availability of CRA Public Evaluations w eek en d in g O cto b er 11, 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. BANKISI EXAMINED NONE. DATE OF EXAMINATION CRA RATING Federal R eserve Bank of Kansas C ity SECTIO N I - APPLICATIONS SUBJECT TO NEW SPAPER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE St. Mary’s State Bank, St. Mary’s, Kansas, for prior approval to establish a branch facility at 117 Highway 24, Rossville, Kansas. Not Available Citizens State Bank, Miltonvale, Kansas, for prior approval to become a member of the Federal Reserve System. Not Available Shoshone First Bank, Cody, Wyoming, for prior approval to establish a branch facility at 331 West Colter Avenue, Powell, Wyoming. Not Available SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING DATE Teambanc, Paola, Kansas, for prior approval to acquire 100 percent o f the voting shares of Crown Bancshares, Inc., Bellevue, Nebraska.* Not Available R. L. Simpson III, Eufaula, Oklahoma, for approval to retain a total o f 31.21 percent of the voting shares of SNB Bancshares, Inc., Eufaula, Oklahoma.* October 23, 1996 AdBanc, Inc., Ogallala, Nebraska, for prior approval to acquire 53.93 percent of the voting shares of The First State Bank, Lodgepole, Nebraska.* October 28, 1996 BancFirst Corporation, Oklahoma City, Oklahoma, for prior approval to acquire 26.75 percent of the voting shares o f Peoples State Bank, Tulsa, Oklahoma.* November 1, 1996 Oak Park Bancshares, Inc., Overland Park, Kansas, for prior to acquire 100 percent of the voting shares of, and thereby merge with Hillcrest Bancshares, Inc., Kansas City, Missouri and The Olathe Bank, Olathe, Kansas.* November 1, 1996 Federal Reserve Bank of Kansas C ity SECTION ITT - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE BancFirst Corporation, Oklahoma City, Oklahoma, for prior approval to engage de novo in general lending activities, including the making and servicing of loans. October 23, 1996 First National o f Nebraska, Inc., and First National of Colorado, Inc., both of Omaha, Nebraska, to engage de novo through their subsidiary, Professional Career Services, Inc., Omaha, Nebraska, in the provision of career counseling services to affiliated and unaffiliated financial organizations; individuals seeding employment at banks and other financial organizations; and individuals seeking financial positions at any company. October 23, 1996 SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS Identification o f 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 Federal Reserve Bank of Kansas C ity 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 im prove 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 maimer consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Bank/Location Exam Date CRA Public Date First State Bank & Trust 116 West 6th Lamed, Kansas 67550-3044 07/08/96 10/07/96 Satisfactory First State Bank P.O. Box 397 Ness City, Kansas 67560-0397 07/08/96 10/07/96 Satisfactory Anadarko Bank & Trust P.O. Box 667 Anadarko, Oklahoma 73005-0667 07/29/96 10/07/96 Outstanding ♦Application is subject to CRA. CRA Rating FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF OCTOBER 7, 1996 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 ♦Section 3(a)(1) application by Coastal Bend Bancshares, Inc., Alice, TX, to acquire Buckeye Bancshares, Inc., Dover, DE, and First Community Bank, N.A., Alice, TX N/A ♦Section 3(a)(1) application by Buckeye Bancshares, Inc., Dover, DE, to acquire First Community Bank, N.A., Alice, TX N/A ♦Section 3(a)(1) application by FNB Company, Livingston, TX, to acquire FNB Company of Delaware, Wilmington, DE, and The First National Bank of Livingston, Livingston, TX N/A ♦Section 3(a)(1) application by FNB Company of Delaware, Wilmington, DE, to acquire The First National Bank of Livingston, Livingston, TX N/A SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION None. NOTICE EXP SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL RESISTER 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 OCTOBER 7. 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 None. Date of Examination CRA Rating FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 10/11/96 Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Pierce Commercial Bank (In Organization), Tacoma, Washington, to become a member of the Federal Reserve System. * Newspaper: Not available California United Bank, Encino, California, to establish a branch office at 1640 Sepulveda Boulevard, Los Angeles, California. * Newspaper: Not available Section II - Applications Subject to Both Newspaper and Federal Register Notice Pierce County Bancorp, Tacoma, Washington, to become a bank holding company by acquiring Pierce Commercial Bank (In Organization), Tacoma, Washington. * Newspaper: Not available Fed. Reg.: 11/01/96 Robert H. Leshner, Cincinnati, Ohio, to retain 7.96 percent of the outstanding shares of Professional Bancorp, Santa Monica, California. * Newspaper: 10/30/96 Fed. Reg.: 10/29/96 Section III -Applications Sub.iect to Federal Register Only BankAmerica Corporation, San Francisco, California, Fed. Reg.: to acquire, through BankAmerica Investment Corporation, and to engage in mortgage banking activities through Arrowhead LLC, Chicago, Illinois. 10/25/96 Section IV - Applications Not Sub.iect to Federal Register Notice or Newspaper Notice None * Subject to CRA. FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 10/11/96 Section V - Availability of CRA Public Evaluations The CRA public evaluations of the institution(s) below became available during this week. Information about a particular institution’s CRA evaluation may be obtained directly from the institution. Institution Sun City Bank Location 9915 West Bell Road Sun City, AZ 85351 (602) 876-2911 Examination Date 6/03/96 Ratina* Needs to Improve ♦Under the rating system an institution’s CRA performance is assigned one of the following four ratings: O u ts ta n d in g re c o rd of m eeting community c r e d it 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. S a t i s f a c t o r y re c o rd o f m eeting community c r e d it n eeds: 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 t o Improve re c o rd of meeting community c r e d it n eeds: 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 Noncompliance in meeting community credit needs: An institution has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- to 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 of San Francisco, and is not intended to replace formal notices required by statute or regulation; the Reserve Bank assumes no responsibility for errors or omissions.
@FedFRASER