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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1992, NO. 44
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending October 31, 1992

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

ADVISORY COUNCILS
Consumer Advisory Council.
Convened, October 29, 1992.
BANK HOLDING COMPANIES




AMCORE Financial, Inc., Rockford, Illinois — to
acquire by merger Dixon Bancorp, Inc., Dixon,
Illinois, and Dixon National Bank.
Approved, October 26, 1992.
Banc One Corporation, Columbus, Ohio, and Banc One
Texas Corporation — to acquire Team Bancshares,
Inc., Dallas, Texas, Team Bancshares II, Inc.,
Wilmington, Delaware, and Team Bank, Fort Worth,
Texas.
Approved, October 28, 1992.
Barnett Banks, Inc., Jacksonville, Florida — to
acquire 7L Corporation, Tampa, Florida, First
Florida Banks, Inc., and First Florida Bank, N.A.,
and to merge certain state member banks of Barnett
with First Florida Bank, N.A., to establish
branches and to engage in credit related insurance
and data processing activities through FFB
Insurance Agency, Inc. and Southeast Switch, Inc.,
Maitland, Florida, respectively.
Approved, October 28, 1992.
Carolina First Corporation, Greenville, South
Carolina — to acquire up to 9.8 percent of
ComSouth Bankshares, Inc., Columbia, South
Carolina.
Approved, October 26, 1992.
First Bank System, Inc., Minneapolis, Minnesota —
acquire Western Capital Investment Corporation,
Denver, Colorado, and Bank Western.
Approved, October 28, 1992.

to

First Interstate BancSystem, Inc., Billings,
Montana — to acquire First Interstate Bank of
South Missoula, N.A., Missoula, Montana, and First
Interstate Bank of Commerce, Billings, Montana;
FIBC to become a member of the Federal Reserve
System, and to merge with South Missoula Bank and
other subsidiary banks of FIBM, and to establish
branches.
Approved, October 26, 1992.

H.2
OCTOBER 26, 1992
PAGE 2

TO

OCTOBER 30, 1992

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
Meridian Bancorp, Inc., Reading, Pennsylvania — to
acquire Peoples Bancorp, Inc., Lebanon,
Pennsylvania, and to acquire The Peoples National
Bank of Lebanon, Lebanon, Pennsylvania.
Approved, October 26, 1992.
Royal Bank of Scotland Group pic, Edinburgh,
Scotland, and the Royal Bank of Scotland —
temporary exemption to acquire Standard Chartered
Equitor Asset Management, NA Inc., Boston,
Massachusetts, and Union Investors Asset Management
Company Inc.
Granted, October 28, 1992.
BANK MERGERS
Meridian Bank, Reading, Pennsylvania — to merge with
The Peoples National Bank of Lebanon, Lebanon,
Pennsylvania, and to establish additional branches.
Approved, October 26, 1992.
BANK PREMISES
Meridian Bank, Reading, Pennsylvania —
bank premises.
Approved, October 26, 1992.

investment in

ENFORCEMENT




Farmers Savings Bank, Norwood, Ohio — written
agreement dated October 26, 1992, with the
Superintendent of Banks of the State of Ohio and
the Federal Reserve Bank of Cleveland.
Announced, October 30, 1992.

H.2
OCTOBER 26, 1992
PAGE 3

TO

OCTOBER 30, 1992

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

ENFORCEMENT
High Point Financial Corp., Branchville, New Jersey
- written agreement dated October 20, 1992, with
the Federal Reserve Bank of New York.
Announced, October 26, 1992.
Midwest Securities Trust Company, Chicago, Illinois
- cease and desist order.
Announced, October 29, 1992.
INTERNATIONAL OPERATIONS




BankAmerica Corporation, San Francisco, California
to make an investment in Bank of America Canada,
Toronto, Ontario, Canada, and to merge Security
Pacific Bank Canada, Vancouver, British Columbia,
Canada, with Bank of America Canada.
Permitted, October 28, 1992.
Norwest Corporation, Minneapolis, Minnesota —
acquire Trans Canada Credit Corporation.
Permitted, October 28, 1992.

to

H.2
OCTOBER 26, 1992
PAGE 4

TO

OCTOBER 30, 1992

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and
Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve
Bank Operations; IF - International Finance; OSDM - Office of Staff Director
for Management
BANK BRANCHES, DOMESTIC
San Francisco

Bank of America, Las Vegas, Nevada — to establish a
branch at the corner of Martin Luther King and
Washington.
Approved, October 26, 1992.

Chicago

Bank of Burlington, Burlington, Wisconsin — to
establish a branch at 249 North Milwaukee Street,
Waterford, Wisconsin.
Approved, October 27, 1992.

Richmond

Citizens Bank and Trust Company, Blackstone Virginia
— to establish a branch on U.S. Route 460 West,
Farmville, Virginia.
Approved, October 30, 1992.

Chicago

Comerica Bank, Detroit, Michigan — to establish an
offsite electronic facility at 1400 Plainfield,
Grand Rapids, Michigan.
Approved, October 26, 1992.

i

San Francisco

Farmers Bank of China, Taipei, Taiwan — to establish
a limited branch in Los Angeles, California.
Withdrawn, October 29, 1992.

Kansas City

Farmers State Bank of Worden, Worden, Montana —
establish a branch in Hysham, Montana.
Approved, October 29, 1992.

to

BANK HOLDING COMPANIES




Chicago

Citizens Financial Corporation, Fort Atkinson,
Wisconsin — to purchase participation certificates
from its subsidiary.
Returned, October 29, 1992.

Atlanta

Citizens Holding Company, Clearwater, Florida —
acquire Citizens Bank of Clearwater.
Approved, October 30, 1992.

to

H.2
OCTOBER 26, 1992
PAGE 5

TO

OCTOBER 30, 1992

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

BANK HOLDING COMPANIES




Chicago

Cole Taylor Bank, Chicago, Illinois — to establish
electronic funds transfer facilities at Suburban
Heights Medical Center, 333 Dixie Highway, Chicago
Heights; and 9400 Western Avenue, Evergreen Park,
Illinois.
Approved, October 26, 1992.

St . Louis

Concord EFS, Inc., Memphis, Tennessee —
EFS National Bank.
Approved, October 30, 1992.

S t . Louis

Concord EFS, Inc., Memphis, Tennessee — to engage in
data processing activities through Concord
Computing Corporation, Elk Grove, Illinois, and in
the sale of data processing hardware through VMT,
Inc., Memphis, Tennessee.
Approved, October 30, 1992.

Chicago

Fairmount Banking Company, Fairmount, Indiana —
acquire The Fairmount State Bank.
Approved, October 30, 1992.

Richmond

First Union Corporation, Charlotte, North Carolina —
proposal that First Union National Bank of South
Carolina, Greenville, South Carolina, merge with
South Carolina Federal Savings Bank, Columbia,
South Carolina.
Approved, October 30, 1992.

Richmond

First Union Corporation, Charlotte, North Carolina —
to acquire South Carolina Federal Corporation,
Columbia, South Carolina
Approved, October 30, 1992.

Cleveland

F.N.B. Corporation, Hermitage, Pennsylvania —
acquire Reliance Consumer Discount Company,
Hanover, Pennsylvania.
Approved, October 29, 1992.

Kansas City

Fourth Financial Corporation, Wichita, Kansas — to
acquire Southern Bancorp, Inc., Tulsa, Oklahoma.
Approved, October 28, 1992.

to acquire

to

to

H.2
OCTOBER 26, 1992
PAGE 6

TO

OCTOBER 30, 1992

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

BANK HOLDING COMPANIES




Minneapolis

Hansen - Lawrence Agency, Inc., Worden, Montana —
engage in general insurance agency activities
through First Insurance Agency, Inc.
Approved, October 29, 1992.

to

Minneapolis

Hansen - Lawrence Agency, Inc., Worden, Montana —
acquire shares of Farmers State Bank of Worden.
Approved, October 29, 1992.

to

Minneapolis

Hansen - Lawrence Agency, Inc., Worden, Montana —
acquire First Hysham Holding Company, Hysham,
Montana.
Approved, October 29, 1992.

to

Cleveland

Mid Am, Inc., Bowling Green, Ohio — to acquire
Appolo Savings and Loan Company, Cincinnati, Ohio.
Approved, October 29, 1992.

Chicago

Mid-Citco Incorporated, Chicago, Illinois — to
acquire First Western Federal Savings & Loan
Association, Oklahoma City, Oklahoma.
Approved, October 30, 1992.

Minneapolis

Minnesota Banc Holding Company, Plymouth, Minnesota - to acquire Citizens State Bank of Montgomery,
Mont gomery, Minnesota.
Approved, October 30, 1992.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota — to
acquire Rocky Mountain Bankshares, Inc., Golden
Valley, Minnesota.
Approved, October 29, 1992.

San Francisco

Redwood Empire Bancorp, Santa Rosa, California —
acquire Lake Savings and Loan Association,
Lakeport, California.
Approved, October 29, 1992.

Secretary

Security Capital Bancorp, Salisbury, North Carolina - to acquire OMNIBANK, Inc., A State Savings Bank,
SSB, Citizens Savings, Inc., SSB, Concord; and Home
Savings Bank, Inc., SSB, Kings Mountain, North
Carolina.
Approved, October 30, 1992.

to

H. 2

OCTOBER 26, 1992
PAGE 7

TO

OCTOBER 30, 1992

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

BANK HOLDING COMPANIES
New York

U.S. Trust Corporation, New York, New York — to
engage de novo in investment advisory and trust
company activities through U.S. Trust Company of
New Jersey, West Windsor, New Jersey.
Permitted, October 30, 1992.

BANK MERGERS
Minneapolis

Farmers State Bank of Worden, Worden, Montana — * to
merge with The First National Bank in Hysham,
Hysham, Mont ana.
Approved, October 29, 1992.

BANK PREMISES
Minneapolis

Farmers State Bank, Victor, Montana —
bank premises.
Approved, October 27, 1992.

investment in

Chicago

Iowa Trust & Savings Bank, Emmetsburg, Iowa —
investment in bank premises.
Approved, October 27, 1992.

Chicago

Onsted State Bank, Onsted, Michigan —
bank premises.
Approved, October 30, 1992.

Minneapolis

Root River State Bank, Chatfield, Minnesota —
investment in bank premises.
App ved, October 27, 1992.

investment in

CAPITAL STOCK




Chicago

Fairmount Banking Company, Fairmount, Indiana —
redemption of shares.
Approved, October 30, 1992.

Minneapolis

St. Joseph Bancshares, Inc., St. Joseph, Minnesota redemption of shares.
Approved, October 27, 1992.

Minneapolis

Superior Financial Corporation, Sault Ste. Marie,
Michigan — redemption of shares.
Returned, October 29, 1992.

H.2
OCTOBER 26, 1992
PAGE 8

TO

OCTOBER 30, 1992

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

CHANGE IN BANK CONTROL
Chicago

Metrocorp, Inc., East Moline, Illinois —
bank control.
Permitted, October 29, 1992.

change in

Minneapolis

Superior Financial Corporation, Sault Ste. Marie,
Michigan — change in bank control.
Returned, October 29, 1992.

COMPETITIVE FACTORS REPORTS




Kansas City

Capital City State Bank and Trust Company, Topeka,
Kansas, proposed merger with Southwest Bank & Trust
— report on competitive factors.
Submitted, October 28, 1992.

Dallas

Continental State Bank, Boyd, Texas, proposed merger
with First Bank and Trust, Springtown, Texas —
report on competitive factors.
Submitted, October 29, 1992.

Minneapolis

First Bank of North Dakota, N.A., Fargo, North
Dakota, proposed merger with Dakota Bank and Trust
Co., of Fargo — report on competitive factors.
Submitted, October 27, 1992.

S t . Louis

First Federal Bancshares, Inc., Memphis, Tennessee,
proposed acquisition of First Southern Federal
Savings Bank, Nashville, Tennessee — report on
competitive factors.
Submitted, October 30, 1992.

Atlanta

First Federal Bancshares of DeFuniak Springs, Inc.,
DeFuniak Springs, Florida, proposed acquisition of
First Federal Savings Bank of DeFuniak Springs —
report on competitive factors.
Submitted, October 27, 1992.

Minneapolis

Live Stock State Bank, Mitchell, South Dakota,
proposed merger with the Marion Road branch of
First Interstate Bank of South Dakota, N.A., Sioux
Falls, South Dakota — report on competitive
factors.
Submitted, October 28, 1992.

H.2
OCTOBER 26, 1992
PAGE 9

TO

OCTOBER 30, 1992

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

COMPETITIVE FACTORS REPORTS




New York

Merchants National Bank & Trust Company of Syracuse,
Syracuse, New York, on behalf of its successor,
OnBank and Trust Co. to merge with OnBank & Trust
Co. of Albany, Albany, proposed successor of Union
National Bank, Albany; by Merchants, again on
behalf of OnBank Trust, to acquire certain assets
and assume certain liabilities of OnBank, Syracuse,
a subsidiary of OnBanCorp, Inc., Syracuse; and by
OnBank to acquire certain assets and assume certain
liabilities of OnBank Trust, another subsidiary of
OnBankCorp, Inc. — report on competitive factors.
Submitted, October 29, 1992.

Dallas

Pacific Southwest Bank, F.S.B., Corpus Christi,
Texas, proposed purchase of the Rockport, Texas,
branch of First Interstate Bank of Texas, N.A.,
Houston, Texas — report on competitive factors.
Submitted, October 29, 1992.

Atlanta

Peoples Financial Services, Inc., Cookeville,
Tennessee — to acquire Citizens Federal Savings
Bank, Rockwood, Tennessee — report on competitive
factors.
Submitted, October 26, 1992.

Boston

Peoples Heritage Savings Bank, Portland, Maine,
proposed merger with Oxford Bank and Trust, Oxford,
Maine — report on competitive factors.
Submitted, October 29, 1992.

H.2
OCTOBER 26, 1992
PAGE 10

TO

OCTOBER 30, 1992

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

COMPETITIVE FACTORS REPORTS
Cleveland

Provident National Bank* Bryn Mawr, Pennsylvania,
proposed merger with Pittsburgh National Bank,
Pittsburgh, Pennsylvania — report on competitive
factors.
Submitted, October 27, 1992.

Kansas City

Southern National Bank, Tulsa, Oklahoma, proposed
acquisition of certain assets and assumption of
certain liabilities of Sooner Federal Savings
Association (a division of First Gibraltar Bank,
FSB, Irving, Texas) — report on competitive
factors.
Submitted, October 27, 1992.

Richmond

Southern National Bank of North Carolina, Lumberton,
North Carolina, proposed merger with First Federal
Savings Bank, Winston-Salem, North Carolina —
report on competitive factors.
Submitted, October 29, 1992.

Chicago

Union Bank and Trust Company, Oklahoma City,
Oklahoma, proposed merger with First Western
Federal Savings & Loan Association — report on
competitive factors.
Submitted, October 30, 1992.

S t . Louis

Union Planters Corporation, Memphis, Tennessee,
proposed acquisition of SaveTrust Federal Savings
Bank, Dyersburg, Tennessee, and Security Trust
Federal Savings and Loan Association, Knoxville,
Tennessee — report on competitive factors.
Submitted, October 30, 1992.

EXTENSIONS OF TIME




San Francisco

BankAmerica Corporation, San Francisco, California extension to divest certain property.
Granted, October 27, 1992.

Director, BS&R

Chase Bank of Maryland, Baltimore, Maryland —
extension to divest certain assets.
Granted, October 30, 1992.

H.2
OCTOBER 26, 1992
PAGE 11

TO

OCTOBER 30, 1992

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

EXTENSIONS OF TIME
San Francisco

First Interstate Bancorp, Los Angeles, California —
extension to divest certain property.
Granted, October 28, 1992.

Dallas

Sun Banc Delaware Corp., Dover, Delaware — extension
to January 15, 1993, to acquire Sunray State Bank,
Sunray, Texas.
Granted, October 29, 1992.

Dallas

Sun Banc. Corp., Sunray, Texas — extension to
January 15, 1993, to acquire Sun Banc Delaware
Corp., Dover, Delaware.
Granted, October 29, 1992.

Atlanta

SunTrust Banks, Inc., Atlanta, Georgia — extension
to February 1, 1993, to acquire BHC Holdings, Inc.,
Philadelphia, Pennsylvania, and engage in
securities brokerage activities.
Granted, October 28, 1992.

Richmond

Triangle Bank and Trust Company, Raleigh, North
Carolina — to become a member of the Federal
Reserve System.
Approved, October 29, 1992.

San Francisco

West One Bank, Idaho, N.A., Boise, Idaho — to retain
membership in the Federal Reserve System after
inversion to a state charter under the name of
West One Bank, Idaho.
Approved, October 28, 1992.

MEMBERSHIP




H.2
OCTOBER 26, 1992
PAGE 12

ADDITIONS AND CORRECTIONS
TO

OCTOBER 30, 1992

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

BANK BRANCHES, DOMESTIC
New York

Trustco Bank, Schenectady, New York — to establish a
branch at 7 Clifton Country Road, Clifton Park, New
York.
Approved, October 23, 1992.

BANK HOLDING COMPANIES




Chicago

Prairie Bancorp, Inc., Manlius, Illinois — to incur
additional debt to increase equity capital in
subsidiary banks.
Returned, October 20, 1992.

Chicago

Story County Bancorporation, Jewell, Iowa — to
acquire Viking Village Company, L.P., Jewell, Iowa,
and provide housing for low and moderate income
families.
Approved, October 23, 1992.

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
♦Rating Definitions:
"0" - Outstanding; "S" - Satisfactory;
Needs to Improve; "SN" - Substantial Noncompliance.
Institution




Examination Date
NONE

"N" -

Rating*

Federal Reserve Bank of New York
Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
___________ Notice Only___________
None.

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice

None.
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
U.S. Trust Corporation, New York, New York to acquire
Campbell, Cowperthwaite & Co. Inc., New York, New York
and engage in investment advisory activities.

N/A

Dresdner Bank AG, Frankfurt am Main, Federal Republic
of Germany to acquire through its 60 percent-owned
subsidiary, Oechsle International Advisors, L.P.,
Boston, Massachusetts, an 80 percent limited partnership
interest in OSV Currency Advisors, L.P., Boston,
Massachusetts, and thereby engage in investment advisory
activities.
N/A
Credit Lyonnais, Paris, France, to engage de novo through
its subsidiary, C.L. Servicing Corporation, New York, New
York, in acting as a servicing agent for one or more
special purpose vehicles (the "SPVS") owned by independent
parties.
The SPVS will purchase assets from customers of
Credit Lyonnais and make loans to customers of Credit
Lyonnais secured by assets pledged by such customers.
The
SPVS will finance such purchases and loans by issuing
commercial paper and possible other securities.
In
its capacity as servicing agent, the subsidiary will
provide services in connection with the structuring and
negotiation of loan and purchase transactions. The
subsidiary will also provide services in connection with
the administration and monitoring of the asset purchase
and loan agreements and the liquidity and credit
facilities supporting the obligations of the SPVS.
N/A




SECTION IV
Applications Not Involving
______ Public Comment______
None.
SECTION V
Availability of CRA Public Evaluations
In connection with the assessment of each insured depository institution's
CRA performance, a rating is assigned from the following group:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record
of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record
of ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate- income neighbor­
hoods, in a manner consistent with its resources and capabilities.




Week Ending October 31. 1992
NAME OF BANK

RATING

EXAMINATION DATE

None.

1/
2/
3/
4/

Subject to provisions of Community Reinvestment Act.
Later of dates specified in newspaper and Federal Register notices.
Date specified in newspaper notice; a later date may be specified in
the Federal Register notice.
Date specified in Federal Register notice; a later date may be
specified in the newspaper notice.
N/A - Not Available




FEDERAL RESERVE BANK OF PHILADELPHIA
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Comment Period Ending Date
Meridian Bank/ Reading, PA requests approval
to establish a remote service facility at
Acme Market, DeKalb Pike, King of Prussia,
PA, pursuant to Section 9 of the F.R.
Act.
(To be accepted for Board Action
due to the protest received on the
application by Meridian Bancorp to
acquire 100% of Meridian Bank, New Jersey,
Cherry Hill, New Jersey (in organization),
pursuant to Section 3(a)(3) of the BHCA.)

12/2/92

Meridian Bank/ Reading, PA requests approval
to establish a remote service facility at
SuperFresh Supermarket, The Marketplace at
Huntingdon Valley, 2100-10 County Line Road,
Huntingdon Valley, PA, pursuant to Section
9 of the F.R. Act. (To be accepted for Board Action)

12/2/92

Meridian Bank, Reading, PA requests approval
to establish a remote service facility at
SuperFresh Supermarket, 863 East Baltimore
Pike, Kennett Square, PA, pursuant to Section
9 of the F.R. Act. (To be accepted for Board Action)

12/2/92

Meridian Bank, Reading, PA requests
approval to establish a remote service
facility at ShopRite Supermarket, 29
Snyder Avenue, Philadelphia, PA,
pursuant to Section 9 of the F.R.
Act.
(To be accepted for Board Action)

12/2/92

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND
FEDERAL REGISTER NOTICE
Comment Period Ending Date
NONE.
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Comment Period Ending Date
NONE.
SECTION IV—

APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE

NONE.
If

*

Subject to provisions of Community Reinvestment Act.
N/A - not yet available.




Federal Reserve Bank of Cleveland
Applications Bulletin
For Week Ending October 31, 1992
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
Received application from Equibank,
Pittsburgh, Pennsylvania, on October 22,
1992, to merge with Integra National
Bank/Pittsburgh, Pittsburgh, Pennsylvania.

* November 20, 1992

Received application from Equibank,
Pittsburgh, Pennsylvania, on October 22,
1992, for permission to become a member of
the Federal Reserve System.

Not Yet Known #

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
NONE
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Received Section 4(c) (8) application from
November 20, 1992
Integra Financial Corporation, Pittsburgh,
Pennsylvania, on October 27, 1992, to acquire
Equibank (Delaware), N.A., Wilmington, Delaware.
Received Section 4(c) (8) application from
Integra Financial Corporation, Pittsburgh,
Pennsylvania, on October 30, 1992, to acquire
American Fianncial Corporation of Tampa, Inc.,
Tampa, Florida

November 20, 1992

Received Section 4 ( c ) (8) application from
November 20, 1992
Integra Financial Corporation, Pittsburgh,
Pennsylvania, on October 30, 1992, to acquire
American Financial Corporation of Georgia, Tampa,
Florida.

*
N
F
#

-

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




Applications Bulletin
For Week Ending October 31, 1992
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
(Continued)
Received Section 4( c ) (8) application from
November 20, 1992
Integra Financial Corporation, Pittsburgh,
Pennsylvania, on October 30, 1992, to acquire
First Associates Financial, Inc., Tampa, Florida.
Received Section 4 ( c ) (8) application from
Not Yet Known #
Huntington Bancshares Incorporated, Columbus,
Ohio, on October 13, 1992, to expand the scope
of the activities of its wholly-owned subsidiary,
The Huntington Company, to include private
placement and riskless principal activities;
underwriting and dealing in bank-ineligible
securities; and providing securities brokerage and
investment and financial advisory services,
underwriting and dealing in governmental obligations
and money market instruments.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Received request from The Heartland Bank,
Grove City, Ohio, on October 26, 1992, for
permission to exceed its limit of investment
in bank premises permitted under Section 24A
of the Federal Reserve A c t .
*

*
N
F
#

-

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




Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

The First Bank and Trust Company,
Lebanon, Virginia, to establish a
branch on U. S. Route 11 near Exit 19
of Interstate 81, Abingdon, Virginia.*

11-20-92

Signet Bank/Maryland, Baltimore, Maryland,
to establish an Electronic Funds Transfer
Facility at the Maryland House Visitors
Center on Interstate 95, Aberdeen,
Maryland.*

11-20-92

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

None.

Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
None.

■^Application is subject to CRA requirements.




Comment Period Ending Date

F e d e ra l R eserve Bank o f Richmond
Availability of CRA Public Evaluations
Week ending October 30, 1992

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 consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to Improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.

Examination
Date

None.




Rating

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending October 30. 1992

Section 1 - Applications Subject to Newspaper Notice Only

Application

Comment Period Ending Date

Central Bank
Birmingham,
To establish
3480 Eastern
Alabama.

of the South
Alabama
a branch located at
Boulevard, Montgomery,

11-08-92*

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

Application

Comment Period Ending Date

No n e .
Section 3 - Applications Subject to Federal
Register Notice Only

Application

Comment Period Ending Date

None.
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice

Application
Central Bancshares of the South
Birmingham, Alabama
Application waiver request, under Section
3( a ) (5) of the Bank Holding Company Act,
related to the acquisition of Cornerstone
Bancshares, Inc., Dallas, Texas, and its
wholly-owned subsidiary, Cornerstone Bank,
N.A., Dallas, Texas, by Central Bancshares'
direct and indirect bank holding company
subsidiaries, Compass Bancshares, Inc.,
Houston, Texas, and River Oaks Bancorporation,
Inc., Houston, Texas.
♦Subject to Provisions of the Community Reinvestment Act.



Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending October 30. 1992

Section 10 - Availability of CRA Public Evaluations

The CRA public evaluations of the insured depository institutions
listed below became available during this week. Information about
an institution's CRA evaluation may be obtained directly from the
institution. In connection with the assessment of an institution's
CRA performance, a rating is assigned from the following groups:
Outstanding record of meeting community credit needs:
An
institution has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs:
An
institution has a satisfactory record of ascertaining and helping
to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs:
An
institution needs to improve its overall record of ascertaining and
helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs:
An
institution has a substantially deficient record of ascertaining
and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Examination
Bank
Bank of Bradenton
P.0. Box 129
Bradenton, Florida
(813) 755-1212




Rating
Satisfactory
34206

Date
07-13-92

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

Type

Application

Branch

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

N

Branch

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

N

- **

Branch

Harris Bank of St. Charles
St. Charles, Illinois
4 contractual branches at
Harris Bank Argo
Summit, Illinois
1 contractual branch at
Harris Bank Barrington, N.A.
Barrington, Illinois
1 contractual branch at
Harris Bank Wilmette, N.A.
Wilmette, Illinois
2 contractual branch at
Harris Bank Winnetka, N.A.
Winnetka, Illinois
2 contractual branches at
Harris Bank Frankfort
Frankfort, Illinois
2 contractual branches at
Harris Bank Hinsdale, N.A.
Hinsdale, Illinois
2 contractual branches at
Harris Bank Glencoe-Northbrook, N.A.
Glencoe, Illinois
3 contractual branches at
Harris Bank Libertyville
Libertyville, Illinois*

N

- 11-13-92




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

Type

Application

Oakar

Heritage Financial Services, Inc.
Tinley Park, Illinois
First Chicago Bank for Savings, F.S.B.
Frankfort, Illinois*

N

- 10-24-92

Merger/Branch

1st Source Bank
South Bend, Indiana
1st Source Bank Starke County
Hamlet, Indiana
1701 S. Woodland Avenue
Michigan City, Indiana*

N

- 10-30-92

Branch

1st Source Bank
South Bend, Indiana
6311 Central Avenue
Portage, Indiana*

N

- 10-30-92

Branch

Omnibank
River Rouge, Michigan
Intersection of Woodward & Manchester
Highland Park, Michigan*

N

- **

Branch
Relocation

G.W. Jones Exchange Bank
Marcellus, Michigan
From 110 South Broadway to
110 South Spencer Road
Cassopolis, Michigan*

N

- **

Oakar

First of America Bank Corporation
N - 11-19-92
Kalamazoo, Michigan
Champion Federal Savings and Loan Association
Bloomington, Illinois
First of America Bank-McLean County,
National Association
Bloomington, Illinois*

Oakar

ABN AMRO Bank, N.V.
Amsterdam, The Netherlands
LaSalle Talman Bank, F.S.B.
Chicago, Illinois*




FR - **
N - **

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

Type

Application

Oakar

ABN AMRO North America, Inc.
Chicago, Illinois
LaSalle Talman Bank, F.S.B.
Chicago, Illinois*

FR - **
N - **

Oakar

ABN/AMRO Holding, N.V.
Amsterdam, The Netherlands
LaSalle Talman Bank, F.S.B.
Chicago, Illinois*

FR - **
N - **

Oakar

LaSalle National Corporation
Chicago, Illinois
LaSalle Talman Bank, F.S.B.
Chicago, Illinois*

FR - **
N - **

Oakar

Stichting Administratiekantoor
ABN AMRO Holding
Amsterdam, The Netherlands
LaSalle Talman Bank, F.S.B.
Chicago, Illinois*

FR - **
N - **

Oakar

Stichting Prioriteit ABN AMRO Holding
Amsterdam, The Netherlands
LaSalle Talman Bank, F.S.B.
Chicago, Illinois*

FR - **
N - **

Membership

Farmers Bank & Trust (formerly The Farmers
National Bank of Webster City)
Webster City, Iowa
To become a member of the Federal
Reserve System*

N

- **

EFT

The Onsted State Bank
Onsted, Michigan
102 N. Main Street
Brooklyn, Michigan*

N

- 11-15-92

Membership

Community Bank of Elmhurst
Elmhurst, Illinois (in organization)
To become a member of the Federal
Reserve System*

N

- **




Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newsoaoe:
Register Notice

and Federal
Comment Period
Ending Date

Type

Application

Y-2

Comerica Incorporated
Detroit, Michigan
Sugar Creek National Bank
Sugar Land, Texas*

FR - 11-2-92
N - 10-30-92

CoC-HC

Peoples Mid-Illinois Corporation
Bloomington, Illinois
George Parker Kemp

FR - 11-4-92
N - 10-28-92

Y-l

SC Bancorp, Inc.
Worth, Illinois
The Sun City Bank
Sun City, Arizona*

FR - 11-6-92
N - **

Y-2

Southwest Bancorp, Inc.
Worth, Illinois
SC Bancorp, Inc.
Worth, Illinois
The Sun City Bank
Sun City, Arizona*

FR - 11-6-92
N - **

Y-2

Great Lakes Financial Resources, Inc.
Employee Stock Ownership Plan
Homewood, Illinois
Great Lakes Financial Resources, Inc.
Homewood, Illinois
First National Bank of Blue Island
Blue Island, Illinois
Bank of Matteson
Matteson, Illnois
Bank of Homewood
Homewood, Illinois*

FR - 10-29-92
N - 10-26-92

Y-l

Random Lake Bancorp., Limited
Random Lake, Wisconsin
State Bank of Random Lake
Random Lake, Wisconsin*

FR - 10-26-92
N - 9-22-92

Y-2

Gibson Investment Company
Gibson, Iowa
Wingo, Ltd.
Brooklyn, Iowa
Poweshiek County Savings Bank
Brooklyn, Iowa*

FR - **
N - 11-23-92




Federal Reserve Bank of Chicago
Section II

Type

Applications Subject to Both Newspaper and Federal
Register Notice
(Continued )
Comment Period
Ending Date
ADDlication
-

CoC-HC

Wingo, Ltd.
Brooklin, Iowa
Rollin R. Harder

FR - **
N - 11-11-92

Y-2

First Busey Corporation
Urbana, Illinois
Empire Capital Corporation
LeRoy, Illinois
LeRoy State Bank
LeRoy, Illinois*

FR - **
N - 11-16-92

Y-l

GFH Corp.
Elmhurst, Illinois
Community Bank of Elmhurst
Elmhurst, Illinois (in organization)*

FR - **
N - **




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

Type

Application

Y-4

Old Kent Financial Corporation
Grand Rapids, Michigan
Old Kent Brokerage Services, Inc.
Grand Rapids, Michigan

Y-4

Henry County Bancorp,Inc.
FR - 11-2-92
Cambridge, Illinois
Arizona Reconstruction Finance Company, L.L.C.
Worth, Illinois

Y-4

Iroquois Bancorp, Inc.
FR - 11-2-92
Gilman, Illinois
Arizona Reconstruction Finance Company, L.L.C.
Worth, Illinois

Y-4

Minooka Bancorp, Inc.
FR - 11-2-92
Minooka, Illinois
Arizona Reconstruction Finance Company, L.L.C.
Worth, Illinois

Y-4

Peotone Bancorp, Inc.
FR - 11-2-92
Peotone, Illinois
Arizona Reconstruction Finance Company, L.L.C.
Worth, Illinois

Y-4

Rock River Bancorporation
FR - 11-2-92
Oregon, Illinois
Arizona Reconstruction Finance Company, L.L.C.
Worth, Illinois

Y-4

Southwest Bancorp, Inc.
FR - 11-2-92
Worth, Illinois
Arizona Reconstruction Finance Company, L.L.C.
Worth, Illinois

Y-4

Terrapin Bancorp, Inc.
FR - 11-2-92
Elizabeth, Illinois
Arizona Reconstruction Finance Company, L.L.C.
Worth, Illinois

Y-4

Westbanco, Inc.
FR - 11-2-92
Westville, Illinois
Arizona Reconstruction Finance Company, L.L.C.
Worth, Illinois




FR - 11-6-92

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

lYPe

Application

4(c)(8)

Comerica Incorporated
Detroit, Michigan
William Street Apartments Limited
Partnership
Ann Arbor, Michigan

FR - 11-19-92

4(c)(8)

Irwin Financial Corporation
Columbus, Indiana
Irwin Union Securities, Inc.
Columbus, Indiana

FR - **

4(c)(8)

Edgemark Financial Corporation
Chicago, Illinois
Edgemark Financial Services, Inc.
Countryside, Illinois

FR - 11-6-92

Y-4

FBOP Corporation
Oak Park, Illinois
Fairfield Financial Corporation
Oak Park, Illinois

FR - **

Y-4

First Michigan Bank Corporation
Holland, Michigan
FMB-Brokerage Services, Inc.
Holland, Michigan

FR - **

Y-4

Cole-Taylor Financial Group, Inc.
Chicago, Illinois
Centre Capital Funding Corp.
Evanston, Illinois

FR - **

Y-4

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

FR - **

4(c)(8)

Citizens Financial Corporation
FR - **
Fort Atkinson, Wisconsin
To purchase loan participation certificates
from their subsidiary




Federal Reserve Bank of Chicago
Section III

-

Applications Subject to Federal Register
Notice Only
(Continued )
Comment Period
Ending Date

Type

Application

4(c) (8)

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

FR - **

4(c)(8)

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

FR - **




Federal Reserve Bank of Chicago
Notice
Tvoe

ADDlication

RoS

FJingo, Ltd.
i
Brooklyn, Iowa
To redeem 10,469 shares of common stock

RoS

Financial Services Corporation of the Midwest
Rock Island, Illinois
To redeem all existing Class A preferred stock

N
FR
*
**

- Newspaper
- Federal Register
- Subject to Provisions of Community Reinvestment Act
- Not available at this time




AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following state member banks have been examined by the Federal Reserve Bank
of Chicago for compliance with the CRA. The 30-business day period the bank has
to make the evaluation public has lapsed during the week ending October 30,
1992. If you are interested in obtaining a copy of the evaluation document,
please contact the bank(s) directly.
Identification of Ratings
O-An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
S-An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
NI-An institution in this group needs to improve its overall record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
SN-An institution in this group has a substantially deficient record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
BANK NAME/LOCATION
-None




EXAMINATION DATE

RATINGS

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING OCTOBER 30, 1992

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End of Comment Period

None

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

End of Comment Period

* Section 3(a)(1) application by Albany Bancorp, Inc.,
Louisville, Kentucky to acquire Citizens Bank of
Albany, Albany, Kentucky
Newspaper: 11-28-92
Change in control involving Poplar Bluff Bancshares,
Inc. , Poplar Bluff, Missouri by Norma Lee McLane
Not yet available

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application

End of Comment Period

Section 4(c)(8) application by Scott County Bancorp,
Inc. , Winchester, Illinois to acquire an equity
interest of at least 7.86% in Arizona Reconstruction
Finance Company, L.L.C., Worth, Illinois, a de novo
company formed to acquire, service, collect and
liquidate loans and loan-related assets owned or
originated by Founders Bank, Scottsdale, Arizona
11-19-92

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
End of Comment Period
Section 24A application by Arkansas Bank and Trust
Company, Hot Springs, Arkansas to make an additional
investment in bank premises
Not applicable

*

This application is subject to CRA.




FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri

AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f meeting community credit needs
A n institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to
meet the credit needs o f its entire delineated community, including low - and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record o f meeting community credit needs
A n institution in this group has a satisfactory record o f ascertaining and helping to meet the credit needs
o f its entire delineated community, including low- and moderate- income neighborhoods, in a manner
consistent with its resources and capabilities.
Needs to improve record o f meeting community credit needs
An institution in this group needs to improve its overall record of ascertaining and helping to meet the
credit needs o f its entire delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Substantial noncom pliance in meeting community credit needs
An institution in this group has a substantially deficient record of ascertaining and helping to meet the
credit needs o f its entire delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.

FOR THE WEEK ENDING

Name of Bank
None




Bank Address

October 30, 1992

Examination
Date

Examination
Rating

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

Application
None.

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Comment Period
Endincr Date

Application

11-9-92

First Rushmore Bancorporation, Inc.
Worthington, MN
(Newspaper)
To acquire 100% of First Rushmore
Bancshares, Inc., Rushmore, MN,
which owns the First State Bank of
Rushmore, Rushmore, MN*
Citizens Bancshares of Woodville, Inc.
Woodville, WI
To acquire, via merger, 100% of
Elmwood Financial Services, Inc.,
Elmwood, WI*

Not yet available

Dairyland Bank Holding Corporation
La Crosse, WI
To acquire 100% of the Bank of Alma,
Alma, WI and 91.85% of La Farge
State Bank, La Farge, WI*

10-9-92
(Federal Register)

Philip A. Keithahn
To increase his ownership interest
to 29.84% of Gaylord Bancorporation,
Ltd., Gaylord, MN*

Not yet available

Section III - Applications Subject
to Federal Register Notice Only

Application
Wishek Bancorporation, Inc.
Wishek, ND
To encraae de novo in making and
servicing loans.
♦Subject to CRA




Comment Period
Ending Date
Not yet available

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
None.




FEDERAL RESERVE BANK OF M INNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending October 30, 1992
ASSIGNMENT OF RATING
Identification of Ratines
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 moderateincome neighborhoods, in a manner consistent with its
resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low-and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
BANK(S ) EXAMINED
Montana Bank
P. 0. Box 2501
Billings, MT 59103-2501
(406) 248-2345




DATE OF EXAMINATION
May 11, 1992

CRA RATING
Needs To Improve

Federal Reserve Bank of Kansas City

SECTION I ~ APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION
The Jackson State Bank, Jackson,
Wyoming, to merge with The State
Bank West, Jackson, Wyoming.

COMMENT PERIOD ENDING DATE
Not Available

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

COMMENT PERIOD ENDING DATE

Austin Bancshares, Inc., Kansas City,
Missouri, for prior approval to
become a bank holding company through
the acquisition of 100 percent of the
voting shares of Waverly Bancshares,
Inc., Kansas City, Missouri.*

Not Available

Centennial Bank Holdings, Inc.,
Denver, Colorado, for prior approval
to become a bank holding company
through the acquisition 100 percent
of the voting shares of Eaton Capital
Corporation, Eaton, Colorado.*

Not Available

Prairie State Bancshares, Inc.,
Oakley, Kansas, for prior approval to
acquire 100 percent of the voting
shares of Jent, Inc., Hoxie, Kansas.*

Not Available

Tim Sundgren, Grinnel, Kansas,
Francis Karlin, Irvin, California,
and Harry Phelps, Oakley, Kansas, for
prior approval to increase each of
their proportionate ownership
interests in Prairie State
Bancshares, Inc., Oakley, Kansas,
from 24.1 percent to 31.8 percent.
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION
None.




COMMENT PERIOD ENDING DATE

Federal Reserve Bank of Kansas City

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
Ore Bancorporation, Leadville,
Colorado, for prior approval to
redeen 44,000 shares of its own
voting common stock.

Not Available

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
Outstanding record of meeting community credit needs
An institution in this group has an outstanding record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its
resources and capabilities.
Needs to improve record of meeting community credit needs
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its
resources and capabilities.
Substantial noncompliance in meeting community credit needs
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its
resources and capabilities.




Federal Reserve Bank of Kansas City

Bank/Location

Exam Date

CRA Public
Date

BankWest
P.O. Box 499
Goodland, Kansas

08-03-92

10-29-92

67735

^Application is subject to CRA.




CRA
Rating
Satisfactory

FEDERAL RESERVE BAN OF DALLAS APPLICATIONS BULLETIN
K

APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF OCTOBER 26, 1992

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
Change in Control Notice by
David Boyd Dean, Houston, TX, to acquire an interest in
First Bancorporation of Cleveland, Inc., Cleveland, TX
(Previously reported during the week of 9-21-92)
♦Section 3(a)(1) application by
First United Bank Group, Inc., Albuquerque, NM, to acquire
United New Mexico Financial Corporation, Albuquerque, NM;
United New Mexico Bank, Alamogordo, NM;
United New Mexico Trust Company, Albuquerque, NM;
United New Mexico Bank, Carlsbad, NM;
First New Mexico Bank, Deming, NM;
United New Mexico Bank at Gallup, Gallup, NM;
United New Mexico Bank at Lea County, Hobbs, NM;
United New Mexico Bank at Las Cruces, N.A., Las Cruces, NM;
United New Mexico Bank at Portales, Portales, NM;
United New Mexico Bank at Roswell, Roswell, NM;
United New Mexico Bank at Santa Fe, Santa Fe, NM;
United New Mexico Bank at Socorro, N.A., Socorro, NM;
United New MexicoBank at Vaughn, Vaughn, NM;
Ford Bank Group, Inc., Lubbock, TX;
Ford Bank Group Holdings, Inc., Wilmington, DE;
First National Bank of Borger, Borger, TX;
•The First National Bank in Canyon, Canyon, TX;
First State Bank, Crane, TX;
Yoakum County State Bank, Denver City, TX;
First National Bank at Lubbock, Lubbock, TX;
First National Bank, Plainview, TX;
The First National Bank of Post, Post, TX; and
The First National Bank of Central Texas, Waco, TX




** NOTICE EXP

92/11/05

92/11/27

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

NOTICE EXP

Section 4(c)(8) application by
First United Bank Group, Inc., Albuquerque, NM, to
acquire United New Mexico Credit Life Insurance Company,
Albuquerque, NM (engage in selling credit life, disability,
or involuntary unemployment insurance)

N/A

Section 4(c)(8) application by
First United Bank Group, Inc., Albuquerque, NM, to
acquire United New Mexico Trust Company, Albuquerque, NM
(engage in the trust activities)

N/A

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None.

* SUBJECT TO CRA.
** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY.
N/A - NOT AVAILABLE AT THIS TIME.




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF OCTOBER 26, 1992

Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a
leader in, ascertaining and helping to meet the credit needs of its
entire
delineated
community,
including
lowand
moderate-income
neighborhoods,
in
a manner
consistent
with
its
resources
and
capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to Improve record of meeting community credit needs.
An institution in this group need to
improve its overall record of
ascertaining and
helping to meet the
credit needs of
its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Substantial Noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient
record of
ascertaining and
helping to meet the
credit needs of
its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.

Bank




Date of
Examination

CRA Rating

FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 10/30/92
Section I - Applications Subject to Newspaper Notice Only

Independent Bank of Arizona, Phoenix, Arizona,
to become a member of the Federal Reserve
System.

Newspaper:

11/21/92

Independent Bank of Arizona, Phoenix, Arizona,
to acquire certain assets and assume certain
liabilities of Caliber Bank, Phoenix, Arizona. *

Newspaper:

11/21/92

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

Comment Period Endino Date

Independent Bancorp of Arizona, San Francisco,
California, to become a bank holding company
by acquiring Independent Banks of Arizona
(In Organization), Phoenix, Arizona. *

Newspaper:

11/21/92

Fed. Req.:

11/20/92

First Community Financial Group, Lacey,
Washington, to acquire Citizens First Bank,
Elma, Washington. *

Newspaper:

11/27/92

Fed. Req.:

Not available

Nasib Gannam, Whittier, California, to increase
his ownership up to 100 percent of Greater
Pacific Bancshares, Whittier, California.

Newspaper:

11/17/92

Fed. Req.:

11/23/92

Richard Demerjian, Montebello, California, to
retroactively acquire an additional .2 percent
of Combancorp, Montebello, Calfornia, which
will increase his ownership to 10.01 percent.

Newspaper:

Not available

Fed. Req.:

11/23/92

Section III - Applications Subject to Federal Register Notice Only
Application

Comment Period Ending Date

DNB Financial, Riverside, California, to
engage de novo directly in mortgage,
commercial and industrial loan activities.

Fed. Reg.:

* Subject to CRA




11/27/92

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

Week ending 10/30/92

Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
None

Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending October 30, 1992. Information about a particular
institution’s CRA evaluation may be obtained directly from the institution.
Institution

Location

Examination Date

Rating*

None

* Under the rating system an institution’s CRA performance is assigned one of
the following four ratings:
Outstanding record of meeting community credit needs: An institution has an
outstanding record of, and is a leader in, ascertaining and helping to meet
the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs: An institution has a
satisfactory record of ascertaining and meeting the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs: An institution
needs to improve its overall record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- to moderateincome 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 moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.




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