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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1984 No. 41 Actions of the Board; Applications and Reports Received During the Week Ending October 13, 1984 APPLICABLE RESERVE BANK ACTIONS OF THE BOARD Boston Falmouth Bank & Trust Company, Falmouth, Massachusetts, proposal to merge with Merchants Bank & Trust Company of Cape Cod, Hyannis, Massachusetts; report to the Federal Deposit Insurance Corporation on competitive factors. J_/ New York Gateway State Bank, Staten Island, New York, an investment in bank premises. ]_/ New York Manufacturers Hanover Trust Company, New York, New York, an investment in bank premises. ]_/ New York FNB Rochester Corporation, New York, extension of time to September 29, 1984 within which to become a bank holding company through the acquisition of First National Bank of Rochester, Rochester, New York. 1/ Richmond Washington County National Savings Bank of Williamsport, Williamsport, Maryland, proposed merger with Citizens Bank of Keedysville, Keedysville, Maryland; report to the Comptroller of the Currency on competitive factors. ]_/ Chicago Warren Bank, Warren, Michigan, an investment in bank premises. ]_/ Chicago Hillsdale State Savings Bank, Hillsdale, Michigan, an investment in bank premises. J_/ Chicago Hayesville Bancshares, Inc., Hayesville, Iowa, extension of time to November 8, 1984, within which to acquire the assets of Mertz Insurance Agency, Hayesville, Iowa, and Gerald Fowler Insurance Agency, Delta, Iowa, and thereby engage in the sale of any insurance in a community that has a population not exceeding 5,000. 1/ TJ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1984 No. 41 - 2 - ACTIONS OF THE BOARD - Continued Chicago Universal Corporation, Ypsilanti, Michigan, extension of time to December 5, 1984, within which to become a bank holding company through the acquisition of The National Bank of Ypsilanti, Ypsilanti, Michigan. J_/ Atlanta F&M Holding Company, Inc., Manchester, Georgia, extension of time to January 6, 1985, within which to become a bank holding company through the acquisition of F&M Bank and Trust Company, Manchester, Georgia. J_/ Atlanta Maplesville Bancorp, Maplesville, Alabama, extension of time to January 22, 1985, within which to become a bank holding company through the acquisition of Bank of Maplesville, Maplesville, Alabama. V Atlanta First Bank of Grove Hill, Grove Hill, Alabama, proposal to merge with Grove Hill Interim Bank, Grove Hill, Alabama; report to the Federal Deposit Insurance Corporation on competitive factors. J_/ Kansas City United Bank of Aurora-South, Aurora, Colorado, a proposed new bank, extension of time to February 27, 1985, within which to accomplish membership in the Federal Reserve System. ]_/ Dallas First Alpine, Inc., Alpine, Texas, extension of time to November 7, 1984, within which to acquire First National Bank in Alpine, Alpine, Texas. J_/ Dallas New Equitable Bank, Dallas, Texas, proposal to merge with Equitable Bank, Dallas, Texas; report to the Federal Deposit Insurance Corporation on competitive factors. V Dallas New Frontier Bank, Round Rock, Texas, proposal to merge with Frontier National Bank, Round Rock, Texas; report to the Federal Deposit Insurance Corporation on competitive factors. ]_/ Dallas New Comfort Bank, Comfort, Texas, proposal to merge with Comfort State Bank, Comfort, Texas; report to the Federal Deposit Insurance Corporation on competitive factors. ] J Dallas Sulphur Springs State Bank, Sulphur Springs, Texas, an investment in bank premises. !_/ T/ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1984 No. 41 - 3 ACTIONS OF THE BOARD - Continued San Francisco V Continental Bank and Trust Company, Salt Lake City, Utah, an investment in bank premises. J_/ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1984 No. 41 - 4 ACTIONS OF THE BOARD - Continued To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Richmond Approved Peoples Bank of Cnarles Town, Charles Town, West Virginia. To establish a branch on State Route 45, one mile west of Shepardsville, West Virginia. ]_/ Dallas Sulphur Springs State Bank, Sulphur Springs, Texas. To establish a branch office in Sulphur Springs, Texas. J/ San Francisco Valley Bank of Nevada, Las Vegas, Nevada. To establish a branch office to be located at Triangle Village in the vicinity of McCarran Boulevard and Interstate 80, Sparks, Nevada. J / Chicago Central State Bank, Muscatine, Iowa. To establish offsite efectronic facilities at the following locations: 807 Grandview, Muscatine, Iowa; 1420 Park Avenue, Muscatine, Iowa; 4th and Cedar Streets, Muscatine, Iowa. J_/ * * * * * Issued Intent Not to Disapprove Change of Control Pursuant to Change in Bank Control Act of 1978 Richmond Not Disapproved Security National Corporation, Washington, D. C. Kansas City Exchange Financial Corporation, Ardmore, Oklahoma. 1_/ St. Louis Nelson Bancorp, Inc., Chaplin, Kentucky. ]_/ Dallas Freer Bancshares, Inc., Freer, Texas. V * * * * * T7 — Application processed on behalf of the Board of Governors under delegated authority. H.2, 1984 No. 41 - 5 ACTIONS OF THE BOARD - Continued To Become a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act Approved Bank of Commerce, Fort Worth, Texas. V Dallas * * * * * To Merge Pursuant to Section 18(c) of the Federal Deposit Insurance Act Approved The Citizens Bank, Oneonta, Alabama, with First Citizens Bank of Etowah, Glencoe, Alabama. JJ Atlanta New York Norstar Bank of Long Island, Hempstead, New York, to merge with Bank of Long Island, N.A., East Islip, New York. J_/ * * * * * Applications and Notifications for International Investments and Other Actions Pursuant to Sections 25 and 25(a) of the Federal Reserve Act and Sections 4(c)(9), 4(c)(13) and 4(c)(14) of the Bank Holding Company Act of 1956, as amended New York San Francisco Forty-Five Day Notification Period Waived Manufacturers Hanover International Finance Corporation, New York, New York: no objection to establish, through its wholly owned direct subsidiary, Manufacturers Hanover International Holdings, Wilmington, Delaware, a de novo commercial bank subsidiary, Manufacturers Hanover Norge A/S, Oslo, Norway. Approved Midland Bank pic, London, England: grants consent for an extension of time, until October 15, 1985, to reduce its interest in European American Bancorp, New York, New York, to 5 percent or less. * * * * * V Application processed on behalf of the Board of Governors under delegated authority. H.2, 1984 No. 41 - 6 - ACTIONS OF THE BOARD - Continued To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 New York Returned GHW Associates, Hackensack, New Jersey, for approval to acquire at least 51 percent of the voting shares of First County Bank of New Jersey, North Brunswick, New Jersey. Cleveland Kingston Bancshares, Inc., Kingston, Ohio, for approval to acquire at least 80 percent of the voting shares of Kingston National Bank, Kingston, Ohio. Cleveland Woodford Bancorp, Inc., Versailles, Kentucky, for approval to acquire 100 percent of the voting shares of The Wood ford Bank & Trust Company, Versailles, Kentucky. Kansas City New Mexico Bank Investors, Inc., Raton, New Mexico, for approval to acquire at least 97 percent of the voting shares of International State Bank, Raton, New Mexico. Dallas Brazos Valley Bancshares, Inc., Bryan, Texas, for approval to acquire at least 80 percent of the voting shares of Western National Bank, Bryan, Texas. Dallas Stone Oak Bankshares, Inc., San Antonio, Texas, for approval to acquire 100 percent of the voting shares of Stone Oak National Bank, San Antonio, Texas. Kansas City New York Atlanta T7 Withdrawn Jansen Bancshares, Inc., Jansen, Nebraska, for approval to to acquire at least 80 percent of the voting shares of State Bank of Jansen, Jansen, Nebraska. Approved Golden Pacific Bancorp, New York, New York, for approval to acquire at least 80 percent of the outstanding voting shares of Golden Pacific National Bank, New York, New York. 1/ Bank South-Macon Corporation, Atlanta, Georgia, for approval to acquire 100 percent of the voting shares of Georgia Bank & Trust Company, Macon, Georgia; First National Bank of Houston County, Perry, Georgia; The Farmers National Bank, Monticello; First State Bank of Application processed on behalf of the Board of Governors under delegated authority. H.2, 1984 No. 41 - 7 ACTIONS OF THE BOARD - Continued Fitzgerald, Fitzgerald, Georgia and Tennille Banking Company, Tennille, Georgia. Atlanta Tarpon Financial Corporation, Tarpon Springs, Florida (formerly Tarpon Corporation), for approval to acquire 100 percent of the voting shares of First National Bank, Tarpon Springs, Florida, a proposed new bank. J/ Chicago Rigler Investment Co., New Hampton, Iowa, for approval to acquire at least 80 percent of the voting shares of Security State Bank, New Hampton, Iowa. ]/ St. Louis Citizens of Hardeman County Financial Services, Inc., Whiteville, Tennessee, for approval to acquire at least 80 percent of the voting shares of Whiteville Savings Bank, Whiteville, Tennessee. V St. Louis Meade Bancorp, Inc., Brandenburg, Kentucky, for approval to acquire 100 percent of the voting shares of Meade County Bank, Brandenburg, Kentucky. ]_/ St. Louis Salem Bancorp, Inc., Salem, Kentucky, for approval to acquire 100 percent of the voting shares of Salem Bank, Inc., Salem, Kentucky. JJ Minneapolis Carlos Bancshares, Inc., Carlos, Minnesota, for approval to acquire 100 percent of the voting shares of First State Bank of Carlos, Carlos, Minnesota. ]_/ Minneapolis Dundas Holding Company, Inc., Dundas, Minnesota, for approval to acquire 95.06 percent of the outstanding voting stock of Dundas State Bank, Dundas, Minnesota. J_/ Minneapolis Waldorf Bancshares, Inc., Waldorf, Minnesota, for approval to acquire at least 82 percent of the voting shares of Waldorf State Bank, Waldorf, Minnesota. 1_/ Kansas City Security Bancorporation, Inc., St. Joseph, Missouri, for approval to acquire 100 percent of the voting shares of Security National Bank, St. Joseph, Missouri, a proposed new bank. V San Franci sco Civic BanCorp, Oakland, California, for approval to acquire 100 percent of the voting shares of CivicBank of Commerce, Oakland, California, a proposed new bank. 1/ 1/ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1984 No. 41 - 8 - ACTIONS OF THE BOARD - Continued To Expand a Bank Holding Company Pursuant to Section (a)(3) of the Bank Holding Company Act of 1956 Minneapolis Cleveland Withdrawn NorBanc Group, Inc., Pine River, Minnesota, for approval to acquire 100 percent of the voting shares of State Bank of Boyd, Boyd, Minnesota. Approved Cumberland Valley Financial Corporation, London, Kentucky, for approval to acquire at least 81.65 percent of the voting shares of Corbin Deposit Bank & Trust Company, Corbin, Kentucky. JJ Atlanta Bank South Corporation, Atlanta, Georgia, for approval to acquire 100 percent of the voting shares of Georgia Bancshares, Inc., Macon, Georgia and indirectly acquire Georgia Bank and Trust Company, Macon, Georgia; The Farmers National Bank of Monti cello, Monti cello, Georgia; First National Bank of Houston County, Perry, Georgia and First State Bank of Fitzgerald, Fitzgerald, Georgia. Chicago Pontiac Bancorp, Inc., Pontiac, Illinois, for approval to acquire 100 percent of the voting shares of Odell State Bank,'Odell, Illinois. \ j St. Louis Community Bancorp, Inc., Manchester, Missouri, for approval to acquire at least 77.1 percent of the shares of First Missouri Banks, Inc., Manchester, Missouri. ]_/ Kansas City Republic Bancshares, Inc., Oklahoma City, Oklahoma, for approval to acquire 100 percent of the voting shares of Republic Bank of Tecumseh, Tecumseh, Oklahoma. J_/ Dallas United Bankers, Inc., Waco, Texas, for approval to acquire 100 percent of the voting shares of Texas Southwest Bancorp, Inc., Waco, Texas, and indirectly Southwest Bank, Mesquite, Texas and Southwest Bank, Garland, Texas, both a proposed new bank. 1/ * * * * * J/ “ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1984 No. - 9 ACTIONS OF THE BOARD - Continued To Expand a Bank Holding Company Pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956 New York Approved Norstar Bancorp Inc., Albany, New York, for approval to acquire 100 percent of the voting shares and warrants of Discount Brokerage Corporation of America, New York, New York, a retail discount securities broker, and thereby also to acquire, indirectly, 100 percent of the voting shares of Tweedy Browne Clearing Corporation, New York, New York, a company engaged in providing brokerage clearing services and acting as a retail discount securities broker. J / Richmond First Charter Corporation, Concord, North Carolina (formerly Concord National Inc.), for approval to acquire Carolina Finance Company, Charlotte, North Carolina, and thereby engage in making consumer loans and acting as insurance agent with respect to the sale of life accident, health, and property insurance directly related to such loans. J_/ Chicago FAIRBANK BANCSHARES, INC., Fairbank, Iowa, for approval to acquire 100 percent of Beilis Insurance Agency Inc., Fairbank, Iowa, and thereby indirectly engage in the sales of general insurance. \] St. Louis Community Bancorp, Inc., Manchester, Missouri, for approval to acquire at least 77.08 percent of the voting shares of St. Louis Computer Center, Creve Coeur, Missouri, d/b/a First Data Service, Creve Coeur, Missouri and to acquire First Missouri Insurance Group, Inc., Phoenix, Arizona. V Kansas City C.C.B., Inc. and New Central Colorado Company, both of Denver, Colorado, for approval to acquire indirectly Central Bancorp, Denver, Colorado, Life Insurance Company, subsidiary of Central Bancorporation, Inc. that reinsures credit life and accident and health insurance related to extensions of credit. New York T7 Permitted Chase Manhattan Corporation, New York, New York, prior notification of intent to engage in de novo activities (in operating an industrial loan and thrift company as authorized by Minnesota law including making and acquiring Application processed on behalf of the Board of Governors under delegated authority. H.2, 1984 No. 41 - 10 - ACTIONS OF THE BOARD - Continued for its own account and for the account of others, secured and unsecured loans and other extensions of credit, such as consumer and business lines of credit, and installment loans; acting as insurance agent for credit life and disability insurance directly related to such lending activities; and the acceptance of deposits and similar instruments [other than demand deposits]) these activities will be conducted from an office at Normandale Center Drive, Bloomington, Minnesota, through its sub sidiary, Chase Manhattan Financial Center, Inc. (10/11/84) 3/ Philadelphia Susquehanna Bancshares, Inc., Lititz, Pennsylvania, notification of intent to engage in de novo activities (underwriting as reinsurer, credit life and accident and health insurance directly related to extensions of credit by Farmers First Bank and Citizens National Bank & Trust Company of Waynesboro, Pennsylvania, located in Lititz and Waynesboro, Pennsylvania, respec tively) the geographic area to be served will be Southcentral, Pennsylvania, through its subsidiary, SusqueBancshares Life Insurance Company, Phoenix, Arizona (10/10/84) 3/ Cleveland PNC Financial Corp, Pittsburgh, Pennsylvania, prior notification of intent to engage de novo in the activities of (making or acquiring consumer or commercial loans or other extensions of credit [including issuing letters of credit and accepting drafts] for its own account or the account of others; leasing personal property or acting as agent, broker or advisor in leasing such property; and providing financial advice to state and local governments, such as with respect to the issuance of their securities) through its subsidiary, PNC Commercial Corp., Tampa, Florida (10/7/84) 3/ Richmond First Maryland Bancorp, Baltimore, Maryland and Allied Irish Banks Limited, Dublin, Ireland, notification of intent to engage in de novo activities (to expand its approved activity of underwriting, as reinsurer, credit life and credit disability insurance which is directly related to extensions of credit in Maryland and Delaware by the credit extending affiliates of First Maryland Bancorp, to include the underwriting of such coverages directly related to credit extensions in the State of Virginia by such affiliates) the activity would be conducted at the offices at the following location: 3/ 4(c)(8) notification processed by Reserve Bank on behalf of the Board of Governors under delegated authority. H.2, 1984 No. 41 - 11 - ACTIONS OF THE BOARD - Continued 1421 East Thomas Road, Phoenix, Arizona, through its subsidiary, First Maryland Life Insurance Company (10/10/84) 3/ Ri chmond Northwestern Financial Corporation, Greensboro, North Carolina, notification of intent to engage in de novo activities (soliciting, closing, making, negotiating, acquiring and/or selling consumer or commercial mortgage loans [including conventional and alternative mortgage transactions] for its own account and/or the account of others and/or otherwise acting as mortgage broker or mortgage banker and acting as agent for the sale of credit life, health and accident insurance) through its subsidiary, Northwestern Equity Mortgage Corp., Wilkesboro, North Carolina (10/7/84) 3/ San Francisco Bancorp Hawaii, Honolulu, Hawaii, notification of intent to engage in de novo activities (underwriting as a reinsurer the credit life insurance sold by Bank of Hawaii, which is a wholly-owned subsidiary of Bancorp Hawaii, Inc., in conjunction with its short-term con sumer lending activities) these activities will be conducted from an office at 1415 North First Street, Phoenix, Arizona, and will serve the Bank's retail customers in the islands of American Samoa, Koror, Kwajalein, Ponape and Yap, through its subsidiary, Bancorp Life Insurance Company of Hawaii, Inc. (10/10/84) 3/ San Franci sco Midland Bank, Pic, London, England, notification of intent to engage in de novo activities (making, acquiring, or servicing loans or other extensions of credit for its own account or for the account of others, including but not limited to the businesses of commercial finance, factoring and asset based financing, and including the secured and unsecured financing of trade, commodity and construction activities, domestically, abroad and in international commerce, through the issuance of letters of credit, acceptance of notes and drafts and otherwise) these activities will be con ducted worldwide with emphasis on the Western Hemisphere, through its subsidiary, Midland International Trade Services (USA) Corporation (10/17/84) 3/ * * * * * 37 4(c)(8) notification processed by Reserve Bank on behalf of the Board of Governors under delegated authority. H.2, 1984 No. 41 - 12 - ACTIONS OF THE BOARD - Continued Redemption of Shares Minneapolis T7 MPS Investment Company, Appleton, Minnesota. J/ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1984 No. 41 - 13 APPLICATIONS RECEIVED To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Atlanta Sun Bank of Tampa Bay, Tampa, Florida. To establish a branch located at 4830 West Kennedy Boulevard, Tampa, Florida. 2/ Atlanta The Peoples Bank and Trust Company, Selma, Alabama. To establish a branch located at the southeast corner of the intersection of Highway 22 and Oak Street, Planters ville, Alabama. 2/ * * * * * To Become a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act Philadelphia Commerce Bank-Harrisburg, Camp Hill, Pennsylvania.^/ Richmond Petersburg Interim Bank, Petersburg, Virginia. 2/ * * * * * To Merge Pursuant to Section 18(c) of the Federal Deposit Insurance Act Richmond Petersburg Interim Bank, Petersburg, Virginia, to merge with The Community Bank, Petersburg, Virginia. 2/ * * * * * To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 Cleveland 2/ Cortland Bancorp, Inc., Cortland, Ohio, for approval to acquire 100 percent of the voting shares of Cortland Savings and Banking Company, Cortland, Ohio. 2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1984 No. 41 - 14 APPLICATIONS RECEIVED - Continued Richmond Community Bankshares Incorporated, Petersburg, Virginia, for approval to acquire 100 percent of the voting shares of the successor by merger to The Community Bank, Petersburg, Virginia. 2/ Chicago Chillicothe State Bancorp, Inc., Chillicothe, Illinois, for approval to acquire at least 81.46 percent of the voting shares of Chillicothe State Bank, Chillicothe, Illinois. 2/ Chicago Gateway Bancorp, Inc., Sturgis, Michigan, for approval to acquire at least 88.1 percent of the voting shares of First National Bank & Trust Company, Sturgis, Michigan. 2/ Chicago Indiana Bancshares, Inc., Bargersville, Indiana, for approval to acquire 100 percent of the voting shares of The Bargers ville State Bank, Bargersville, Indiana. 2/ St. Louis Caraway Bancshares, Inc., Caraway, Arkansas, for approval to acquire at least 80 percent of the voting shares of Caraway Bank, Caraway, Arkansas. 2/ St. Louis First Bancorp of Mascoutah, Ltd., Mascoutah, Illinois, for approval to acquire 100 percent of the voting shares of The First National Bank in Mascoutah, Mascoutah, Illinois. 2/ St. Louis First Commercial Corporation, Little Rock, Arkansas, for approval to acquire at least 80 percent of the voting shares of First National Bank of Russellville, Russell ville, Arkansas. 2/ St. Louis Mid South Bancshares, Inc., Paragould, Arkansas, for approval to acquire at least 97.35 percent of the voting shares of Security Bank, Paragould, Arkansas. 2/ Kansas City Allen Bancshares, Inc., Olathe, Kansas, for approval to acquire 81.25 percent of the voting shares of Olathe State Bank, Olathe, Kansas. 2/ Kansas City Elkhart Financial Company, Elkhart, Kansas, for approval to acquire 100 percent of the voting shares of First National Bank of Elkhart, Elkhart, Kansas. 2/ Kansas City Fed Gold, Inc., Hulbert, Oklahoma, for approval to acquire 100 percent of the voting shares of First State Bank, Hulbert, Oklahoma. 2/ 2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1984 No. 41 - 15 APPLICATIONS RECEIVED - Continued Kansas City First Centralia Bancshares, Inc., Centralia, Kansas, for approval to acquire at least 92.2 percent of the voting shares of The First National Bank of Centralia, Centralia, Kansas. 2/ Kansas City J & M Bancshares, Inc., Walton, Kansas, for approval to acquire 100 percent of the voting shares of Walton Bancshares, Inc., Walton, Kansas, and indirectly Walton State Bank, Walton, Kansas. 2/ Kansas City Thatcher Banking Corporation, Denver, Colorado, for approval to acquire at least 80 percent of the voting shares of The First National Bank of Salida, Salida, Colorado, and indirectly Pitkin County Bank & Trust Company, Aspen, Colorado. 2/ Dallas Central National Bancshares, Inc., San Angelo, Texas, for approval to acquire at least 88 percent of the voting shares of Central National Bank-North, San Angelo, Texas, a proposed new bank. 2/ Dallas Citadel Bancshares, Inc., Conroe, Texas, for approval to acquire 100 percent of the voting shares of Conroe Bank, N.A., Conroe, Texas and indirectly Willis Bank, Willis, Texas. 2/ Dallas First Houston Bancshares, Inc., Houston, Texas, for approval to acquire 100 percent of the voting shares of Houston National Bank, Houston, Texas, a proposed new bank. 2/ Dallas Martex Bancshares, Inc., Gladewater, Texas, for approval to acquire 100 percent of the voting shares of The First State Bank, Gladewater, Texas. 2/ Dallas Terrell Bancshares, Inc., Terrell, Texas, for approval to acquire at least 80 percent of the voting shares of The Terrell State Bank, Terrell, Texas. 2/ San Francisco International Business Bancorp, San Francisco, California, for approval to acquire 100 percent of the voting shares of International Business Bank, N.A., San Francisco, California, a proposed new bank. 2J 2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1984 No. 41 - 16 APPLICATIONS RECEIVED - Continued To Expand a Bank Holding Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956 Richmond Bank of Virginia Company, Richmond, Virginia, for approval to acquire at least 19 percent of the voting shares of Citizens Trust Company Portsmouth, Virginia, and indirectly Citizens Trust Bank, Portsmouth, Virginia. 2/ Richmond Commercial Bancshares, Incorporated, Parkersburg, West Virginia, for approval to acquire 100 percent of the voting shares of Jackson County Bank, Ravenswood, West Virginia. 2/ Atlanta Whitney Holding Corporation, New Orleans, Louisiana, for approval to acquire 100 percent of the voting shares of The National Bank of Commerce in Jefferson Parish, Jefferson, Louisiana. 2/ Chicago Comerica Incorporated, Detroit, Michigan, for approval to acquire 100 percent of the voting shares of Comerica Bank-Grand Rapids, N.A., Grand Rapids, Michigan, a proposed new bank. 2/ Chicago Illini Community Bancorp, Inc., Springfield, Illinois, for approval to acquire 100 percent of the voting shares of Sangamon Banc Shares, Inc., Springfield, Illinois & indirectly First State Bank of Danvers, Danvers, Illinois. 2] St. Louis Edmonton Bancshares, Inc., Edmonton, Kentucky, for approval to acquire at least 88.1 percent of the voting shares of Peoples Bank of Tompkinsville, Tompkinsville, Kentucky. 2/ Kansas City Banco De Vizcaya, Bibao, Spain; New Mexico Banquest Investors Corporation, Santa Fe, New Mexicojand New Mexico Banquest Corporation, Santa Fe, New Mexico, for approval to acquire at least 80 percent of the voting shares of International State Bank of Raton, Raton, New Mexico. 2/ Kansas City Republic Bancshares, Inc., Oklahoma City, Oklahoma, for approval to acquire 100 percent of the voting shares of Republic Bank of Tecumseh, Tecumseh, Oklahoma. 2/ Dallas First of Groves Corporation, Groves, Texas, for approval to acquire at least 18 percent of the voting shares of First National Bank of Silsbee, Silsbee, Texas. 2/ 2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1984 No. 41 - 17 APPLICATIONS RECEIVED - Continued Dallas National Bancshares Corporation of Texas, San Antonio, Texas, for approval to acquire 100 percent of the voting shares of Uvalde Bancshares, Inc., Uvalde, Texas, and indirectly acquire The Uvalde Bank, Uvalde, Texas. 2/ * * * * * To Expand a Bank Holding Company Pursuant to Section 3(a)(5) of the Bank Holding Company Act of 1956 Cleveland PNC Financial Corp., Pittsburgh, Pennsylvania, for approval to merge with Northeastern Bancorp, Inc., Scranton, Pennsylvania and indirectly acquire Northeastern Bank of Pennsylvania, Wilkes-Barre, Pennsylvania and Cement National Bank, Northhampton, Pennsylvania. 2/ Richmond CB&T Financial Corp., Fairmont, West Virginia, for approval to acquire 100 percent of the voting shares of Clarksburg Community Bank, Clarksburg, West Virginia. 2/ Chicago Franklin Capital Corporation, Wilmette, Illinois, for approval to merge with Western Capital Corporation, Wilmette, Illinois and indirectly acquire Western National Bank of Cicero, Cicero, Illinois; North Shore Capital Corporation, Wilmette, Illinois, and indirectly acquire North Shore National Bank, Chicago, Illinois and Morton Grove Bank, Morton Grove, Illinois. 2/ * * * * * To Expand a Bank Holding Company Pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956 Boston 2/ Fleet Financial Group, Inc., Providence, Rhode Island, notification of intent to engage in de novo activities (leasing real and personal property, including sale and leaseback transactions of real estate [including land and buildings] and related personal property) to be conducted throughout the United States through its subsidiary, Fleet Real Estate, Inc., Providence, Rhode Island (10/4/84) Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1984 No. 41 - 18 APPLICATIONS RECEIVED - Continued Boston Hartford National Corporation, Hartford, Connecticut, notification of intent to engage in de novo activities (trust company activities [including activities of a fiduciary, agency or custodial nature] as specified in Section 225.25(b)(3) of Federal Reserve Regulation Y, the trust company will only make loans or investments or accept deposits in the manner specified) to be con ducted throughout the United States, through its sub sidiary, Connecticut National Trust Company of Florida, Stewart, Florida (10/4/84) Philadelphia Uni vest Corporation of Pennsylvania, Souderton, Pennsylvania, notification of intent to engage in de novo activities (to commence operations acting as a credit life, health, and accident insurer/reinsurer in connection with the extensions of credit made by Union National Bank and Trust Company of Souderton, or any other credit-granting entity, subsidiary, or affiliate now owned or controlled by applicant) and will do business within the State of Pennsylvania, through its subsidiary, Uni vest Insurance Company, Phoenix, Arizona (10/9/84) Cleveland PNC Financial Corp., Pittsburgh, Pennsylvania, notification of intent to engage de novo through its subsidiaries, Northeastern Trust Company of Florida, N.A., Vero Beach, Florida, in performing functions or activities that may be performed by a trust company; Norbanc Lease, Inc., Scranton, Pennsylvania, in leasing personal property or acting as agent, broker, or advisor in leasing such property on a nonoperating basis; Regency Consumer Discount Company, Scranton, Pennsylvania, in making loans or other extensions of credit for the company's account on an installment basis to individuals; and Norbanc Life Insurance Company, Phoenix, Arizona, in underwriting as reinsurer credit life insurance and credit accident and health insurance that is directly related to extensions of credit by affiliates. Ri chmond Sovran Financial Corporation, Norfolk, Virginia, notification of intent to engage in de novo activities (making direct consumer installment loans, secured and unsecured, to individuals; purchasing consumer installment sales finance contracts, extending direct loans to dealers for the financing of inventory [floor planning] and working capital purposes; making, acquiring and servicing, for its own account or for the account of others, loans secured principally by mortgages on real property and acting as agent for the sale of credit life and credit accident and health insurance and physical damage and property insurance, all of which are directly related H.2, 1984 No. 41 - 19 APPLICATIONS RECEIVED - Continued to extensions of credit), these activities would be conducted from office at 313 North Berkeley Boulevard, Goldsboro, North Carolina and serve an area within a five-mile radius of that office, through its subsidiary, Sovran Credit Corporation, Elizabeth City, North Carolina (10/10/84) Atlanta Republic Banking Corporation of Florida, Miami, Florida, notification of intent to engage in de novo activities (arranging mortgage financing, acting as a mortgage broker, servicing mortgage loans and extending mortgage credit) to be conducted in the counties of Dade, Broward, Palm Beach and Monroe, Florida, through its subsidiary, Rebank Mortgage Corporation, Miami, Florida (10/2/84) Chicago Franklin Capital Corporation, Wilmette, Illinois, to engage de novo through its subsidiary, NSCC Leasing Corp., Chicago, Illinois, in acting as agent, broker or advisor in the leasing of real and personal property and equipment, and in acquiring, for the account of others only loans and other extensions of credit, primarily to finance the acquisition of personal property and equipment. Chicago Marshall & Ilsley Corporation, Milwaukee, Wisconsin, notification of intent to engage in de novo activities (equipment leasing to business and manufacturing customers on a noncancell able full payout basis to purchase conditional sales contracts from equipment suppliers and manufacturers and to make chattel security loans on commercial and industrial equipment) these activities would be conducted in all 50 states at 161 West Wisconsin Avenue, Milwaukee, Wisconsin; Interstate Plaza Building #110, 16600 Sprague Road, Middleburg Heights, Ohio; 616 Enterprise Drive, Oak Brook, Illinois; 11901 Olive Boulevard, Suite 212, St. Louis, Missouri; 3040 Charlevoix Drive SE, Suite 101, Grand Rapids, Michigan and 2346 South Lynhurst Drive, Suite E-201G, Indianapolis, Indiana, through its subsidiary, First National Leasing Corp. (10/10/84) Chicago Marshall & Ilsley Corporation, Milwaukee, Wisconsin, notification of intent to engage in de novo activities (performing functions or activities that are ordinarily conducted by a trust company which include a fiduciary, agency, or custodial nature; accept deposits generated from trust funds; accept deposits as funds received in the capacity of managing agent, custodian, or escrow agent for an owner of or investor in real property, securities, personal property, or investment funds or H.2, 1984 No. 20 - - APPLICATIONS RECEIVED - Continued in the capacity of a paying agent, dividend disbursing agent, or securities clearing agent [provided such deposits are not made to customer's general purpose account or interest bearing account]; and make call loans to securities dealers or purchase money market instruments [including certificates of deposit, commercial paper, government or municipal securities, and bankers acceptances]) these activities would be conducted in the State of Florida, through its subsidiary, Marshall & Ilsley Trust Company of Florida, N.A, 800 Laurel Oaks Drive, Naples, Florida (10/10/84) Chicago Merchants National Corporation, Indianapolis, Indiana, notification of intent to engage in de novo activities (equity financing of commercial or iTvJustnal incomeproducing real estate) to be conducted in the States of Indiana, Michigan, Ohio, Kentucky, Illinois and Wisconsin, through its subsidiary, Merchants Mortgage Corporation of Indianapolis (10/4/84) Chicago Merchants National Corporation, Indianapolis, Indiana, notification of intent to engage in de novo activities (equity financing or industrial income-producing real estate, originating mortgages on multi-family residential and commercial nonresidential properties; selling the mortgages to permanent investors; servicing the loans; and assisting developers and builders in obtaining construction loans and other types of development loans) to be conducted in the States of Indiana, Michigan, Ohio, Kentucky, Illinois and Wisconsin, through its subsidiary Mortgage Company of Indiana, Inc. (10/9/84) St. Louis Mark Twain Bancshares, Inc., St. Louis, Missouri, notifi cation of intent ta engage in de novo activities (trustee under deeds of trust of which non-banking sub sidiaries of applicant are beneficiaries as permitted by Section 225.25(b)(3) of Regulation Y, in connection with real estate loans made or serviced by such non banking subsidiaries) these activities are to be conducted throughout the United States, through its subsidiary, Tarquad Corporation (10/1/84) Minneapolis First Bank System, Inc., Minneapolis, Minnesota for approval to acquire certain assets of Bartels Agency, Inc., Butte, Montana. * ★ * ★ ★ H.2, 1984 No. 41 - 21 - APPLICATIONS RECEIVED - Continued Application to the Board of Governors of the Federal Reserve System for Prior Approval of an Acquisition Pursuant to Section 5(b) of the Bank Service Corporation Act, as Amended Atlanta Southeast Bank, National Association, Miami, Florida, for prior approval to engage in underwriting, as reinsurer, credit life and accident and health insurance through a subsidiary to be known as Southeast Credit Insurance company. * * * * * REPORTS RECEIVED None. * * * * * PETITIONS FOR RULEMAKING None.