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Federal Reserve Release
H.2
Actions o f the Board, Its Staff,
and the Federal Reserve Banks:
Applications and Reports Received
No. 40
Week Ending October 4,1997
Board o f Governors o f the Federal Reserve System, Washington, DC 20551
No. 40
ACTIONS TAKEN BY THE BOARD OF GOVERNORS
TESTIMONY AND STATEMENTS
Accounting standards for derivatives and risk management activities -- statement
by Governor Phillips before the Subcommittee on Capital Markets, Securities and
Government Sponsored Enterprises of the House Committee on Banking and
Financial Services, October 1,1997.
- Published, October 1,1997
Quality and quantity of some new-design $50 notes -- statement by Theodore E.
Allison, Assistant to the Board, before the Subcommittee on Domestic and
International Monetary Policy of the House Committee on Banking and Financial
Services, October 1,1997.
- Published, October 1,1997
BANK HOLDING COMPANIES
ANB Holding Company, Ltd., Terrell, Texas, and ANB Corporation —to acquire
Lakeside Bancshares, Inc., Rockwall, Texas, and Lakeside National Bank.
- Approved, September 29,1997
Chase Manhattan Corporation, New York, New York, and Chase Holding
Delaware, Inc. -- to acquire Chase Manhattan Bank and Trust, Company, Los
Angeles, California.
- Approved, September 29,1997
H.2
September 28, 1997 to October 4, 1997
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; RBOPS - Reserve Bank Operations and Payment
Systems; IF - International Finance; OSDM - Office of Staff Director for Management
BANK BRANCHES, DOMESTIC
Kansas City
Eaton Bank, Eaton, Colorado -- to establish a branch at 930 11th Avenue and 1025
10th Street, Greeley, Colorado.
- Approved, September 30,1997
Cleveland
Heartland Bank, Croton, Ohio -- to establish a branch at 6887 East Main Street,
Reynoldsburg, Ohio.
- Approved, October 3,1997
Chicago
Old Kent Bank, Grand Rapids, Michigan —to establish a branch at the intersection
o f Lake Lansing Road and Coolidge Avenue, East Lansing, Michigan.
- Approved, September 30,1997
Chicago
Old Kent Bank, Grand Rapids, Michigan —to establish a branch at 3205 Eagle Crest
N.E.
- Approved, September 29,1997
Chicago
Old Kent Bank, Grand Rapids, Michigan -- to establish a branch at 8235 Holly
Road, Grand Blanc, Michigan.
- Approved, September 30,1997
Kansas City
State Bank & Trust Company, Colorado Springs, Colorado —to establish a branch at
5710 Palmer Park Boulevard.
- Approved, October 3,1997
BANK HOLDING COMPANIES
Dallas
ANB Corporation, Terrell, Texas —to acquire Lakeside Bancshares, Inc., Rockwall,
Texas, and Lakeside National Bank.
- Approved, September 29,1997
H.2
September 28,1997 to October 4,1997
Page 2
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
Kansas City
Bank Capital Corporation, Strasburg, Colorado -- to increase ownership in Guaranty
Corporation, Denver, Colorado.
- Approved, October 1,1997
Chicago
Centre 1 Bancorp, Inc., Beloit, Wisconsin -- to acquire First Winnebago
Corporation, Winnebago, Illinois, and First National Bank of Winnebago.
- Approved, October 1,1997
New York
Chase Manhattan Corporation, New York, New York; Chase Equity Holding, Inc.,
Wilmington, Delaware; and CBC Holding (Delaware) Inc. —to acquire the corporate
trust services business of Mellon Bank Corporation, Pittsburgh, Pennsylvania, and
engage in trust company services through the acquisition of New Trust Company,
National Association.
- Approved, October 1,1997
Richmond
First National Bank of Rocky Mount, Rocky Mount, Virginia -- request for waiver
of application in connection with the proposed establishment of First National
Exchange Bank, Roanoke, Virginia.
- Granted, October 2,1997
Minneapolis
First Western Bancorp, Inc., Huron, South Dakota -- notice to acquire shares of
Direct Technology, LLC, and engage in data processing activities.
- Withdrawn, September 29,1997
Chicago
Marshall & Ilsley Corporation, Milwaukee, Wisconsin - to acquire Security Capital
Corporation and Security Bank, S.S.B.
- Approved, September 29,1997
Secretary
National City Corporation, Cleveland, Ohio —to engage through Electronic
Payment Services, Inc., a joint venture, in automated teller machine and
point-of-sale activities worldwide, and thereby engage in data processing.
- Permitted, September 29,1997
H.2
September 28, 1997 to October 4,1997
Page 3
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
New York
New Amboy, Inc., Old Bridge, New Jersey -- to acquire by merger Amboy National
Bank.
- Approved, October 1,1997
Chicago
NW Bancorp, Inc., Prospect Heights, Illinois -- to acquire Northwest Community
Bank.
- Approved, October 2,1997
Kansas City
Peoples Commercial Bancorp, Inc., Stilwell, Oklahoma -- to acquire Bank of
Commerce and to acquire shares of Peoples Bank, Westville, Oklahoma.
- Approved, October 3,1997
Atlanta
Republic Security Financial Corporation, West Palm Beach, Florida -- request for
waiver of application in connection with the proposed merger with County National
Corporation.
- Granted, September 30,1997
General Counsel
Rogers Family Limited Partnership, Little Rock, Arkansas -- determination that it is
a qualified family partnership under the Bank Holding Company Act.
- Granted, September 29,1997
Dallas
Texas Financial Bancorporation, Inc., Minneapolis, Minnesota, and Delaware
Financial, Inc., Wilmington, Delaware -- to acquire CNB Bancshares of Victoria,
Victoria, Texas, and Citizens Bancorp of Delaware, Inc., Wilmington, Delaware, and
Citizens National Bank, Victoria, Texas.
- Approved, October 1,1997
Atlanta
United Community Banks, Inc., Blairsville, Georgia - to engage in the sale of
annuities and other insurance products through United Community Agencies, Inc.
- Returned, October 2,1997
H.2
September 28, 1997 to October 4,1997
Page 4
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
San Francisco
United Security Bancorporation, Spokane, Washington —to merge with Community
Bancorporation, Pullman, Washington, and acquire Bank of Pullman.
- Approved, October 2,1997
San Francisco
Zions Bancorporation, Salt Lake City, Utah —to merge with GB Bancorporation,
San Diego, California, and acquire Grossmont Bank, San Diego, California, and to
acquire shares of Rancho Vista National Bank, Vista, California, and Pacific
Commerce Bank, Chula Vista, California.
- Approved, September 30,1997
BANK MERGERS
San Francisco
Business Bank of California, San Bernardino, California —request for waiver of
application in connection with the proposed merger with High Desert National
Bank, Hesperia, California.
- Granted, October 3,1997
Kansas City
Community Bank & Trust Company, Neosho, Missouri —to merge with Citizens
Bank of Missouri, Carl Junction, Missouri, and to establish additional branches.
- Approved, October 3,1997
Chicago
First Farmers Bank & Trust Company, Converse, Indiana -- to acquire certain assets
and assume certain liabilities of the Sheridan, Indiana, branch of NBD Bank, N.A.,
Indianapolis, Indiana, and to establish a branch.
- Approved, September 29,1997
Atlanta
Republic Security Bank, West Palm Beach, Florida —to m age with County
National Bank of South Florida, North Miami Beach, Florida.
- Approved, September 30,1997
H.2
September 28,1997 to October 4,1997
Page 5
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANKS, STATE MEMBER
St. Louis
PNC Bank, Kentucky, Inc., Louisville, Kentucky —request to make a community
development investment in a 24-unit low-income apartment complex.
- Granted, September 30,1997
CAPITAL STOCK
Chicago
Bankers Trust Company, Des Moines, Iowa —redemption of shares.
- Approved, October 3,1997
Kansas City
Guaranty Corporation, Denver, Colorado —redemption of shares
- Approved, October 1,1997
San Francisco
Redding Bancorp, Redding, California -- redemption of stock.
- Approved, September 29,1997
CHANGE IN BANK CONTROL
Dallas
First Haskell Bancorp, Inc., Haskell, Texas -- change in bank control.
- Permitted, October 2,1997
Atlanta
Independent Bancshares, Inc., Powder Springs, Georgia —change in bank control.
- Permitted, October 3,1997
Atlanta
Midsouth Bancorp, Inc., Lafayette, Louisiana -- change in bank control.
- Permitted, October 3,1997
Dallas
Rusk County Bancshares, Inc., Henderson, Texas - change in bank control.
- Permitted, October 2,1997
H.2
September 28,1997 to October 4,1997
Page 6
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
COMPETITIVE FACTORS REPORTS
St. Louis
Anderson National Bank of Lawrenceburg, Lexington, Kentucky —report on
competitive factors of the proposed merger with Farmers Bank of Owingsville, Inc.,
Owingsville, Kentucky.
- Submitted, October 3,1997
San Francisco
Business Bank of California, San Bernardino, California -- report on competitive
factors of the proposed merger with High Desert National Bank, Hesperia,
California.
- Submitted, September 30,1997
Dallas
City Bank & Trust of Shreveport, Shreveport, Louisiana —report on competitive
factors of the proposed merger with Interim Bank.
- Submitted, October 3,1997
San Francisco
Columbia State Bank, Tacoma, Washington —report on competitive factors of the
proposed merger with Bank of Fife, Fife, Washington.
- Submitted, September 30, 1997
Minneapolis
First American Bank, National Association, Minot, North Dakota —report on
competitive factors of the proposed merger with First American Bank, National
Association, Devils Lake, North Dakota.
- Submitted, October 3,1997
St. Louis
First Western Bank and Trust Company, Rogers, Arkansas —report on competitive
factors of the proposed purchase of certain assets and assumption of the liabilities of
the Bella Vista, Arkansas, branch of Nationsbank, N.A., Charlotte, North Carolina.
- Submitted, September 29,1997
Minneapolis
First Western Bank Wall, Wall, South Dakota —report on competitive factors of the
proposed merger with First Western Bank Custer, Custer, South Dakota.
- Submitted, October 1,1997
H.2
September 28,1997 to October 4, 1997
Page 7
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
Dallas
Herring National Bank, Vernon, Texas -- report on competitive factors of the
proposed merger with BFNB Trust Company National Association, Amarillo,
Texas.
- Submitted, October 3,1997
St. Louis
Metropolitan National Bank, Springfield, Missouri -- report on competitive factors
of the proposed merger with Citizens State Bank, Marshfield, Missouri.
- Submitted, October 3,1997
Boston
National Iron Bank, Salisbury, Connecticut —report on competitive factors of the
proposed acquisition of the assets and assumption of the liabilities of Interim
National Bank.
- Submitted, September 30,1997
Dallas
Norwest Bank Texas, National Association, Lubbock, Texas - report on competitive
factors of the proposed merger with Norwest Bank Texas, South Central, Victoria,
Texas.
- Submitted, October 3,1997
Philadelphia
Port Richmond Savings, Philadelphia, Pennsylvania -- report on competitive factors
of the proposed merger with Fillmore Building and Loan Association.
- Submitted, October 1,1997
Dallas
Southwest Bank, Fort Worth, Texas —report on competitive factors of the proposed
merger with New SWB, Inc.
- Submitted, September 30,1997
San Francisco
Surety Bank, Vallejo, California, and Sunrise Bank, Roseville, California —report
on competitive factors of the proposed merger with Acquisition Co. (in
organization).
- Submitted, September 30,1997
H.2
September 28,1997 to October 4,1997
Page 8
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
Dallas
Texas National Bank, Brenham, Texas —report on competitive factors of the
proposed merger with New Texas Bank.
- Submitted, October 3,1997
EXTENSIONS OF TIME
Atlanta
Century South Banks, Inc., Gainesville, Georgia -- extension to January 11, 1998, to
merge with Bank Corporation of Georgia, Macon, Georgia, and acquire First South
Bank, N.A., and Ameribank, N.A., Savannah, Georgia.
- Granted, October 2,1997
Minneapolis
Flint Creek Valley Bank, Philipsburg, Montana -- extension to November 1,1997, to
establish a branch in Drummond, Montana.
- Granted, September 29,1997
Director, BS&R
Generale de Banque, Brussels, Belgium -- extension to January 19,1999, to
conform its activities to the requirements of the Bank Holding Company Act.
- Granted, October 1,1997
Richmond
Hanover Bank, Mechanicsville, Virginia -- extension to May 10,1998, to establish a
branch at the intersection of Sliding Hill Road and Totopotomy Trail.
- Granted, October 3,1997
Chicago
Marshall & Ilsley Bank, Milwaukee, Wisconsin —extension to December 30,1997,
to merge with Security Bank, S.S.B., and establish branches.
- Granted, September 29,1997
Cleveland
Mellon Bank Corporation, Pittsburgh, Pennsylvania —extension to March 9,1998,
to acquire First Business Corporation, Los Angeles, California.
- Granted, October 2,1997
H.2
September 28, 1997 to October 4, 1997
Page 9
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
Director, BS&R
Merita Ltd., Helsinki, Finland -- extension of twelve months to conform its indirect
investment in Finlandia Center, Inc.
- Granted, September 30,1997
Director, BS&R
Morgan Guaranty International Financial Corporation, Newark, Delaware —
extension of time to invest in J.P. Morgan Securities, Ltd., London, England.
- Granted, October 1,1997
Minneapolis
Norwest Corporation, Minneapolis, Minnesota —extension to December 8,1997, to
acquire Myers Bancshares, Inc., Dallas, Texas, and until December 9,1997, to
acquire Woodhaven National Bank, Fort Worth, Texas.
- Granted, October 2,1997
INTERNATIONAL OPERATIONS
Director, BS&R
First National Bank of Chicago, Chicago, Illinois —waiver of the 45-day notice
period to make an investment in Dynamo M. Ltd., Nassau, Bahamas.
- Granted, September 30,1997
MEMBERSHIP
San Francisco
Valley Independent Bank, El Centro, California -- to become a member of the
Federal Reserve System.
- Approved, October 2,1997
REGULATIONS AND POLICIES
Secretary
Federal Open Market Committee —minutes of the meeting on August 19,1997.
- Published, October 2,1997
H.2
A d d itio n s/C o rre c tio n s
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK BRANCHES, DOMESTIC
Chicago
Valley Ridge Bank, Kent City, Michigan -- to establish a branch at 47th South
Charles Street, White Cloud, Michigan.
- Approved, September 19,1997
COMPETITIVE FACTORS REPORTS
Boston
Liberty Bank, Middletown, Connecticut -- report on competitive factors of the
proposed merger with First New London Savings and Loan Association, Inc., New
London, Connecticut.
- Submitted, September 10,1997
Philadelphia
National Penn Bank, Boyertown, Pennsylvania -- report on competitive factors of
the proposed purchase of certain assets and assumption of certain liabilities of the
Topton branch of Patriot Bank, Pottstown, Pennsylvania.
- Submitted, September 25,1997
EXTENSIONS OF TIME
Chicago
Community Savings Bank, Robins, Iowa —extension to June 3, 1998, to become a
member of the Federal Reserve System (included in error).
- Withdrawn, September 2,1997
District 1
Federal Reserve Bank of Boston
A p plications and notifications filed during the w eek o f 10-3-97
S ectio n I - A p p lica tio n s su b je c t to n e w sp a p e r notice only
Type
Application
Ending date o f
comment period
NONE
Footnotes
S ectio n I I - A p p lica tio n s su b je c t to b o th n e w sp a p e r a n d F e d e ra l R e g iste r notice
Type
Application
CIC
Boston Private Bancorp, Inc., Boston, MA - pursuant to section
225.41 o f Regulation Y by Charles M ichael Hazard to acquire
greater than 10% o f the outstanding common stock o f Boston
Private Bancorp, Inc.
Ending date o f
comment period
Newspaper N/Avail
Fed Reg - 10/15/97
Footnotes
S ection m - A p p lica tio n s su b je c t to F e d e ra l R e g iste r n o tice only
Ending date o f
comment period
Type
Application
4(c)(8)
Boston Private Bancorp, Inc., Boston, MA - notification pursuant to Fed Reg - 10/21/97
section 225.24(a)(2) o f Regulation Y to acquire W estfield Capital
Management Company, Inc., Boston, MA
Footnotes
S ectio n IV - A p p lica tio n s n o t s u b je c t to F e d e ra l R e g iste r o r n e w sp a p e r notice
Type
NONE
Footnotes
Application
Ending date o f
comment period
S ectio n V - A v a ila b ility o f C R A p u b lic e v a lu a tio n s
RSSD
number
Jnstitution/Location
Examination CRA
date
public date
CRA
rating
Exam type
The Community Reinvestment Act is intended to encourage depository institutions to help m eet the credit needs
o f the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted
by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation
was revised in May 1995.
The CRA requires that each depository institution's record in helping m eet the credit needs o f its entire
community be evaluated periodically. That record is taken into account in considering an institution's application
for deposit facilities.
A copy o f an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.
The federal bank regulators use the follow ing four performance levels to rate an institution's performance under
CRA:
O u ts ta n d in g
S a tis fa c to ry
N eed s to im p ro v e
S u b s ta n tia l n o n c o m p lia n c e
The follow ing state member banks have been examined and their CRA public evaluations are now available.
RSSD
number
Institution/Location
Examination CRA
date
public date
NONE
Footnotes
S ectio n V I - C R A e x a m in a tio n s sch ed u le d fo r
Institution
NONE
Footnotes
Q u a r te r o f
Location
CRA
rating
Exam type
FEDERAL RESERVE BANK OF NEW YORK
Comment Period
Ending Date
SECTIONI
Applications Subject to Newspaper
Notice Only_____
None.
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
Canisteo Valley Corporation, Canisteo, New York, a proposed one-bank
holding company, to acquire 100 percent of the shares of common stock of
First State Bank, Canisteo, New York. 1/
10/30/97 2!
SECTION III
Nonbanking Applications
(subject to Federal Register Notice Only 1
Toronto-Dominion Bank, Toronto, Canada and Waterhouse Investors
Services, Inc., New York, New York, to acquire the assets of Kennedy,
Cabot & Co., Beverly Hills, California, and thereby engage in investment
advisory, securities brokerage and riskless principal activities.
None.
SECTION IV
Applications Not Involving
___Public Comment
Peapack-Gladstone Financial Corporation, Gladstone, New Jersey, to become
a bank holding company with respect to Peapack-Gladstone Bank, Gladstone,
New Jersey.
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.
N/A
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated
community, including low- and moderate- income neighborhoods,
in a manner consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record
of ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate income
neighborhoods, in a manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate- income
neighborhoods, in a manner consistent with its resources and capabilities.
Week Ending October 4.1997
NAME OF BANK
RATING
EXAMINATION PATE
BankofAvoca
18 North Main Street
Avoca, New York 14809
Satisfactory
May 12,1997
1/ Subject to provisions of Community Reinvestment Act.
2/ Later of dates specified in newspaper and Federal Register notices.
y Date specified in newspaper notice; a later date may be specified in
the Federal Register notice.
4/ Date specified in Federal Register notice; a later date may be
specified in the newspaper notice.
N/A - Not Available
FEDERAL RESERVE BANK OF PHILADELPHIA
SECTIONI - APPLICATIONS RECEIVEDANDSUBJEOLTQJSEHSPAPER.
NOTICE ONLY
Community Bank and Trust Company. Forest City, PA, to acquire certain assets and assure
deposit liabilities associated with two branch offices of First Union National Bank, Charlotte,
NC, pursuant to Section 18(c) of the Federal Deposit Insurance Act.
Newspaper comment period expires:
N/Avail.
Summit Bank. Bethlehem, PA seeks to become a member of the Federal Reserve System
pursuant to Section 9 of the Federal Reserve Act.
Newspaper comment period expires:
SECTION
N/Avail.
n - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEWSPAPER
AND FEDERAL REGISTER NOTICE
Penn Woods. Williamsport, PA, to acquire up to 10 percent of Columbia Financial Institution,
Bloomsburg, PA, pursuant to Section 3(a)(3) of the Bank Holding Company Act.
Newspaper comment period expires:
Federal Register comment period expires:
10/11 /97
N/Avail.
SECTION III - APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL
REGISTER NOTICE ONLY
NONE
SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL
REGISTER NOTICE OR NEWSPAPER
NONE
FEDERAL RESERVE BANK OF PHILADELPHIA
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following institutions were examined for CRA. The 30-business day period the bank has
to make the evaluation public has lapsed during the week ending October 3, 1997.
Identification of Ratings
In connection with the assessment of each insured depository institution's CRA performance, a
rating is assigned from the following groups:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader in, ascertaining and
helping to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascertaining and helping to
meet the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascertaining and helping to
meet the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Bank/Location
Examination Date
CRA Rating
NONE
NONE
NONE
District
Federal Reserve Bank of Cleveland
A p p lication s and notifications filed during the w eek ending 10/4/97
Section I - A p p lica tio n s s u b je c t to n e w sp a p e r n o tice on ly
Type
Application
Ending date o f
comment period
NONE
Footnotes
S ection I I - A p p lica tio n s s u b je c t to b o th n e w sp a p e r a n d F e d e ra l R e g iste r notice
Type
Application
Ending date of
comment period
NONE
Footnotes
S ection I I I - A p p lic a tio n s su b je c t to F e d e ra l R e g iste r n o tice only
Type
Application
Ending date of
comment period
NONE
Footnotes
S ection IV - A p p lic a tio n s n o t s u b je c t to F e d e ra l R e g iste r o r n e w sp a p e r notice
Type
Application
4C8LLEX
Notice by Fifth Third Bancorp, Cincinnati, OH received on
October 2, 1997, o f its intent to acquire Heartland Capital
Management, Inc., Indianapolis, IN.
Footnotes
Ending date of
comment period
NONE
Section V - A va ila b ility o f C R A public evaluations
Description o f the CRA Goal against which institutions are evaluated, the four performance levels, and the
institutions fo r which an evaluation is publicly available.
The CRA requires a periodic evaluation o f each covered institution regarding the extent to which it has
ascertained, and helped meet, the credit needs o f its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities.
The federal bank regulators use the follow ing four performance levels to rate an institution’s performance under
CRA.:
O u ts ta n d in g
S a tis fa c to ry
N eed s to Im p ro v e
S u b s ta n tia l n o n c o m p lia n c e
RSSD
number
Footnotes
Institution/ Location
Examination
date
CRA
public date
CRA
rating
Section VI - CRA examinations scheduled for Fourth Quarter of 1997
Institution
Location
A ndover B ank
P.O. Box 1300, Public Square, Andover, OH 44003-1300
B a n k o f C o rn in g C o m p a n y
P.O. Box 428, N . V alley Street, Coming, OH 43730-0428
C o m m e rc ia l & S avings B a n k C o.
P.O. Box 50, 701 S. Market Street, Danville, OH 43014-0050
F ifth T h ird o f N o rth e a s te rn O h io
1404 E. Ninth Street, Cleveland, OH 44114
G e n o a B a n k in g C o m p a n y
P.O. Box 98, 801 Main Street, Genoa, OH 43430-0098
H a m le r S ta te B a n k
P.O. Box 358, 210 Randolph Street, Hamler, OH 43524-0358
H o c k in g V alley B a n k
P.O. Box 4847, 7 W. Stimson, Athens, OH 45701-4847
T h e C itizen s B a n k in g C o m p a n y
P.O. Box 5016, 100 E. Water Street, Sandusky, OH 44871-5016
T h e C o rn C ity S ta te B a n k
P.O. Box 197, 120 W. Main Street, Deshler, OH 43516-0197
T h e C o rtla n d S avings & B a n k in g C o.
P.O. Box 98, 194 W. Main Street, Cortland, OH 44410-0098
T h e C u s ta r S ta te B a n k
P.O. Box 127, Main Street, Custar, OH 43511-0127
T h e F a r m e r s C itizen B a n k
P.O. Box 567, Washington Square, Bucyrus, OH 44820-0567
T h e M e ta m o ra S ta te B a n k
P.O. Box F, 120 E. Main Street, Metamora, OH 43540-0270
T h e M in s te r S ta te B a n k
P.O. Box 90, 96 W. Fourth Street, Minster, OH 45865-0090
T h e P ro v id e n t B a n k
1 E. 4th Street, Cincinnati, OH 45202
Tow ne B an k
P.O. Box 202, 610 E. South Boundary, Perrysburg, OH 43551
Footnotes
F e d e ra l R e se rve Bank o£ Richmond
Section I - Applications Subject to Newspaper
Notice Only
Comment Period Ending Date
Application
None.
Section 11 - Applications Subject to Both
Newspaper and Federal Register Notice
Comment Period Ending Date
Application
None.
Section III - Applications Subject to Federal Register Notice
Comment Period Endina Date
Application
None.
Section IV - Application Not Subject to
Federal Register Notice or Newspaper Notice
Application
Triangle Bancorp, Inc., Raleigh,
North Carolina, to acquire Coastal
Leasing Corporation, Greenville,
North Carolina.
F e d e ra l R eserve Bank o£ Richmond
Section V - Availability of CRAPublic Evaluations.
Week ending October 3, 1997
p^finition of Ratings
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner con
sistent with its resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascer
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascer
taining and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
RSSD
Number
None.
Name of Bank
Examination
Date___
Rating
Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending October 3.1997
Section 1 - Applications Subject to Newspaper Notice Only
Application
Comment Period Ending Date
Alabama Exchange Bank
11-06-97*
Tuskegee, Alabama
To acquire the assets and assume the liabilities of a branch of First National Bank of Ashland,
Ashland, Alabama, located at 103 S. Elm Street, Tuskegee, Alabama, pursuant to Section 18(c) of
the Federal Deposit Insurance Act.
Colonial Bank
11-03-97*
Montgomery, Alabama
To establish a branch located at 5245 Service Road South, Mobile, Alabama, to be known as the
“Tillman’s Comer Office”, pursuant to Section 9 of the Federal Reserve Act.
Jamaica National Building Society
11 -02-97*
Kingston 10, Jamaica
To establish an international representative office to be located in Fort Lauderdale, Florida, pursuant
to the International Banking Act of 1978.
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Comment Period Ending Date
Tmst No. 3 under Will of Charles Henderson
Not yet available*
Troy, Alabama
Along with Henderson Bancshares, Inc., Troy, Alabama, to acquire Pea River Capital Corporation,
and its subsidiary, The Peoples Bank of Coffee County, both of Elba, Alabama, pursuant to Section
3(a)(3) of the Bank Holding Company Act.
Community Bankshares, Inc.
10-16-97*
Cornelia, Georgia
Federal Register
After-the-fact change in control notice by Mr. J. Alton Wingate to retain 31.17 percent of the
outstanding shares of Community Bankshares, Inc., Cornelia, Georgia, pursuant to the Change in
Bank Control Act of 1978.
♦Subject to the provisions of the Community Reinvestment Act.
Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending October 3.1997
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Comment Period Ending Date
Embry Bankshares, Inc.
Not yet available*
Duluth, Georgia
After-the-fact change in control notice by Mr. Stuart A. Cashin, Jr., as co-trustee of the 1976 Mary
Jacqueline Embry Trust and the 1976 Sarah Elizabeth Embry Trust in the place of Mr. O’Neal
Embry, deceased, to retain 44.94 percent of the outstanding shares of Embry Bankshares, Inc.,
Duluth, Georgia, and its subsidiary, Embry National Bank, Lawrenceville, Georgia, pursuant to the
Change in Bank Control Act of 1978.
Great Southern Capital Corporation
10-30-97*
Employee Stock Ownership Plan
Federal Register
Meridian, Mississippi
To acquire at least 50 percent of the outstanding shares of Great Southern Capital Corporation, and
its subsidiary, Great Southern National Bank, both of Meridian, Mississippi, pursuant to Section
3(a)(3) of the Bank Holding Company Act.
Section 3 - Applications Subject to Federal Register Only
Application
Comment Period Ending Date
None.
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Appalachian Bancshares, Inc.
Ellijay, Georgia
Commitment waiver request.
South Banking Company
Alma, Georgia
Post notice to expand the geographic scope of Bankers Data Services, Inc., Alma, Georgia, pursuant
to Section 225.28(b)(14) of Regulation Y and Section 4(c)(8) of the Bank Holding Company Act.
♦Subject to the provisions of the Community Reinvestment Act.
Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending October 3.1997
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 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 helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs: An institution needs to improve
its overall record of ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Substantial noncompliance in meeting community credit needs: An institution has a
substantially deficient record of ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Bank
CRA Rating
Bank of St. Petersburg
Satisfactory
777 Pasadena Avenue So.
St. Petersburg, Florida 33707
(813) 347-3132
Examination Date
06-23-97
Federal ReserveBank of Atlanta
Applications Bulletin for Week Ending October 3.1997
Recently Approved Applications
Approval Date
Republic Security Bank
09-30-97
West Palm Beach, Florida
To merge with County National Bank of South Florida, North Miami Beach, Florida, pursuant to
Section 18(c) of the Federal Deposit Insurance Act.
Republic Security Financial Corporation
09-30-97
West Palm Beach, Florida
Request for waiver of the application requirements of Section 3(a)(5) of the Bank Holding Company
Act by Republic Security Financial Corporation, West Palm Beach, Florida, in connection with its
proposed merger with County National Corporation, and its subsidiary, County Bank, both of North
Miami Beach, Florida.
Independent Bancshares, Inc.
10-03-97
Powder Springs, Georgia
After-the-fact change in control notice by Mr. Bob Maurice Prillaman and Ms. Lillias B. Prillaman
to retain 10.36 percent of the outstanding shares of Independent Bancshares, Inc., Power Springs,
Georgia, pursuant to the Change in Bank Control Act of 1978.
MidSouth Bancorp, Inc.
10-03-97
Employee Stock Ownership Plan
Lafayette, Louisiana
After-the-fact change in control notice by MidSouth Bancorp, Inc., Employee Stock Ownership Plan,
Lafayette, Louisiana, to retain 10.57 percent of the outstanding shares of MidSouth Bancorp, Inc.,
and its subsidiary, MidSouth National Bank, both of Lafayette, Louisiana, pursuant to the Change
in Bank Control Act of 1978.
Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only
Comment Period
Ending Date
Type
Application
Branch
Cole Taylor Bank
Chicago, Illinois
111 West Washington Street
Chicago, Illinois
NP - 10-1-97
Merger & Branch
Omni Bank
Macomb, Illinois
Farmer State Bank of Ferris
Ferris, Illinois
1395 Buchaman Street
Carthage, Illinois
Main Street
Ferris, Illinois
NP -10-18-97
Branch
1st Source Bank
South Bend, Indiana
3905 Franklin Street
Michigan City, Indiana
NP - 10-14-97
Branch
Farmers State Bank of Waupaca
Waupaca, Wisconsin
118 W. Session Street
Waupaca, Wisconsin
NP - 9-1-97
NP - Newspaper
FR - Federal Register
* - Subject to Provisions of Community Reinvestment Act
** - Not available at this time
Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice
Comment Period
lype
Application
3(a)(1)
Marengo Bancshares, Inc.*
Marengo, Illinois
Prairie State Bank (in organization)
Marengo, Illinois
FR -10-2-97
NP - 10-15-97
3(a)(3)
Albrecht Financial Services, Inc.*
Norwalk, Iowa
Heartland Bankshares, Inc.
Madrid, Iowa
City State Bank
Grimes, Iowa
FR - 10-9-97
NP - 10-4-97
3(a)(3)
Mahaska Investment Company*
Oskaloosa, Iowa
Pella State Bank (in organization)
Pella, Iowa
FR - 9-12-97
NP - 10-3-97
3(a)(1)
Builders Financial Corporation*
Chicago, Illinois
Builders Bank (in organization)
Chicago, Illinois
FR -10-23-97
NP - 08-21-97
3(a)(1)
George Washington Bancorp, Inc.*
Oak Lawn, Illinois
George Washington Savings Bank
Oak Lawn, Illinois
FR -10-6-97
NP -10-27-97
3(a)(1)
Mercantile Bank Corporation*
Grand Rapids, Michigan
Mercantile Bank of West Michigan (in organization)
Grand Rapids, Michigan
FR - 10-9-97
NP - 9-29-97
3(a)(3)
FBOP Corporation*
Oak Park, Illinois
California Bank, N.A. (in organization)
Beverly Hills, California
FR -10-27-97
NP - **
Ending Date
Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper
Register Notice cont’d
.Ee.dera.1
Comment Period
Ending Date
Type
Application
3(a)(3)
FBOP Corporation*
Oak Park, Illinois
First Capital Bank of Arizona
Phoenix, Arizona
FR - 10-2-97
NP - 9-21-97
CoC-HC
Tabor Enterprises, Inc.
Tabor, Iowa
By J. Randel Smith, Jerry A. Jobe
and Grant R. Schaaf
FR - 10-1-97
NP - 9-24-97
3(a)(1) &
4(c((8)
Washington Bancorp*
Washington, Iowa
Rubio Savings Bank of Brighton
Brighton, Iowa
Washington Federal Savings Bank
Washington, Iowa
FR -10-23-97
NP - 10-25-97
3(a)(1)
Fisher Bancorp, Inc.*
Fisher, Illinois
Fisher National Bank
Fisher, Illinois
FR - 10-24-97
3(a)(1)
Midland Bancshares, Inc.*
Kincaid, Illinois
The Midland Community Bank
Kincaid, Illinios
FR -10-31-97
Sparta Union Bancshares, Inc.*
Sparta, Wisconsin
Union National Bank & Trust Company
Sparta, Wisconsin
PR _ **
3(a)(1)
N P _ **
NP - **
Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only
Ixpe
Application
Comment Period
Ending Date
NONE
Section IV - Applications Not Subject to Federal Register or Newspaper Notice
lype
Application
ROS
Tabor Enterprises, Inc.
Tabor, Iowa
To redeem 5,200 shares or 52% of the common stock
ROS
Bankers Trust Company
Des Moines, Iowa
To redeem $2 million of noncumulative perpetual preferred stock.
Federal Reserve Bank of Chicago
Section V - Availability of CRA Public Evaluations
The following state member banks have been examined by the Federal Reserve Bank of Chicago for compliance
with the CRA. The 30-business day period the bank has to make the evaluation public has lapsed during the
week ending October 3, 1997. 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 has a 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.
SN -
An institution in this group has a substantial noncompliance 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 NAME/IQCATIQN
EXAMINATION DATE
RATINGS
Pullman Bank and Trust Company
1000 East 114th Street
Chicago, Illinois 60628-4697
(773) 602-8200
RSSD # 15536
4/28/97
S
Quad City Bank and
Trust Company
2118 Middle Road
Bettendorf, Iowa 52722
(319)344-0600
RSSD # 2142155
3/27/97
S
Federal Reserve Bank of Chicago
Section V - Availability of CRA Public Evaluations
Cant’d
BANK NAME/LOCATION
The State Bank of Geneva
22 South 4th Street
P.O. Box 108
Geneva, Illinois 60134-0108
(630) 232-3200
RSSD #991135
EXAMINATION DATE
6/23/97
r a t in g s
s
RESERVE B A N K APPLICATIONS BULLETIN
For week ending October 3, 1997
FEDERAL RESERVE BANK OF ST. LOUIS
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
* Section 3(a)(1) notification by Horizon Bancorp of
South Arkansas, Inc., Magnolia, Arkansas, to acquire
Horizon Bank of Columbia County, Magnolia, Arkansas.
* Section 3(a)(1) notification by Peoples Bancorporation,
Inc., Cuba, Missouri, to acquire Peoples Investment
Corporation, Cuba, Missouri.
End of Comment Period
Newspaper: 10-24-97
Newspaper: 10-20-97
* Section 3(a)(1) notification by First National Bancorp,
Inc., Green Forest, Arkansas, to acquire First National Bank
in Green Forest, Green Forest, Arkansas.
Newspaper: 11-1-97
* Section 3(a)(3) notification by First National Security
Company, DeQueen, Arkansas, to acquire First Financial
Corporation of Idabel, Idabel, Oklahoma.
Newspaper: 11-4-97
SECTION m - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application
End of Comment Period
None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
Section 9 notification by PNC Bank, Kentucky, Inc.,
Louisville, Kentucky, to make an additional investment in
a community development project, with the aggregate of all
such investments exceeding 5% of the bank’s capital stock
and
surplus.
End of Comment Period
N/A
RESERVE B A N K APPLICATIONS BULLETIN
F or week ending O ctober 3, 1997
FEDERAL RESERVE BANK OF ST. LOUIS
SECTIONV AVAILABILITYOF CRAPUBLIC DISCLOSURES
Identification of Ratings:
Outstanding record o f meeting community credit needs
An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping
to meet the credit, needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record o f meeting community credit needs
An institution in this group has a satisfactory record 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 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 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.
BankRSSD
Number
None
Name of Bank
Bank Address
Examination
Date
Examination
Rating
RESERVE B A N K APPLICATIONS BULLETIN
F or week ending O ctober 3, 1997
SECTION VI - CRA EXAMINATIONS SCHEDULED
Examinations may have to be rescheduled during the calendar quarter in which they are designated
to begin. If an institution's examination is rescheduled for a date later than the end of the date range
reflected in a published schedule, the institution's name will be republished in an appropriate later
listing. Any comments received as a result of either the first publication or subsequent publications
will be considered during the examination.
RSSD
Number
Name
City
State
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section I - Applications Subject to
Newspaper Notice Only
Comment Period
Ending Date
Application
First Interstate Bank, Billings, Montana, for prior approval to merge
with First Interstate Bank, fsb, Hamilton, Montana, and, incident
thereto, to establish a branch. *
October 24, 1997
* Subject to CRA
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Comment Period
Ending Date
U.S. Bancorp, Minneapolis, Minnesota for prior approval to merge
with Zappco, Inc., St. Cloud, Minnesota. *
October 24,1997
(Federal Register)
James DeForest Bennett, First PREMIER Bank, as Custodian FBO
Emil William Erhardt IRA, Donald James Bennett, Steven Leroy Tostenrud,
Alex Richard Zier, William Earl Thomdal, Robert Harry Sizemore,
William Jerome Curley, Jon Fredric Sustarich, Kenneth Leroy Baker,
Gregory Fred Bormann, Duncan Davis Flann, Ronald Herman Hornischer,
Reid Edmund Erickson, and Karen L. Eide, Trustee, Eide & Eide CPAs
Keogh Plan, as a group acting in concert, to acquire control of 75.50% of
the voting shares of Citizens Development Company, Billings, Montana.
October 23,1997
(Federal Register)
James DeForest Bennett, First PREMIER Bank, as Custodian FBO
Emil William Erhardt IRA, Donald James Bennett, Steven Leroy Tostenrud,
Alex Richard Zier, D.A. Davidson & Co. as custodian FBO William Earl
Thomdal IRA, William Earl Thomdal, Robert Harry Sizemore,
William Jerome Curley, Jon Fredric Sustarich, Kenneth Leroy Baker,
Gregory Fred Bormann, Duncan Davis Flann, Ronald Herman Hornischer,
Reid Edmund Erickson, and Karen L. Eide, Trustee, Eide & Eide CPAs
Keogh Plan, as a group acting in concert, to acquire control of 79.47%
of the voting shares of United Bancorporation, Billings, Montana.
October 23,1997
(Federal Register)
* Subject to CRA
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section III - Applications Subject
to Federal Register Notice Only
Comment Period
- E nding Pate
ApplicattQn
U.S. Bancorp, Minneapolis, Minnesota to engage in data processing
activities through the acquisition of Zappco, Inc., St. Cloud, Minnesota
and indirectly its nonbank subsidiary, Zapp Data, Inc.
October 24,1997
Citizens Development Company, Billings, Montana to engage de novo
in lending activities.
October 23,1997
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Montana First National Bancorporation, Kalispell, Montana for prior
approval to become a bank holding company through the acquisition
of at least 80% of the voting shares of Montana First National Bank
of Kalispell, Kalispell, Montana.
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending October 3,1997
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository institution's CRA performance, a rating is
assigned from the following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to
meet the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low-and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
BANK/Si EXAMINED
PATE OF EXAMINATION
CRA RATING
Cheyenne Western Bank
P.O. Box 368
Ashland, MT 59003-0368
(406) 784-2302
June 23,1997
Satisfactory
Citizens State Bank of St. James
123 Armstrong Boulevard South
St. James, Minnesota 56081-0107
(507) 375-3201
June 30,1997
Outstanding
Federal Reserve Bank of Kansas City
Week Ending October 3, 1997
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
COMMENT PERIOD
APPLICATION
asj.tiigSPATE
Michael P. Landen, Dallas, Texas, to acquire voting
shares of Security National Corporation, Omaha,
Nebraska; and thereby indirectly acquire Security
National Bank of Omaha, Omaha, Nebraska.
October 22, 1997
TCA Financial Corporation, Englewood, Colorado, to
become a bank holding company by acquiring 100
percent of the voting shares of Trust Company of
America, Boulder, Colorado, a d£ novo bank in
organization.*
October 31, 1997
SECTION
m - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
APPLICATION
COMMENT PERIOD ENDING DATE
None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None.
Federal Reserve Bank of Kansas City
Week Ending October 3, 1997
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification of Ratings
In connection with the assessment of each insured depository institution's CRA performance, a
rating is assigned from the following groups:
Outstanding record of meeting community credit needs
An institution in this group has an outstanding record of ascertaining and helping to meet
the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs
An institution in this group has a satisfactory record of ascertaining and helping to meet
the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs
An institution in this group needs to improve its overall record of ascertaining and helping
to meet the credit needs of its entire delineated community, including low- and 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.
Exam Date
CRA Public
Date
Citizens Bank of Ardmore 255556
1100 N. Commerce
Ardmore, Oklahoma 73401-3985
07-14-97
09-30-97
Satisfactory
Farmers State Bank
376657
1st Street
Stanberry, Missouri 64489-0129
07-21-97
10-02-97
Satisfactory
06-30-97
10-03-97
Satisfactory
Bank/Location
Tri State Bank
616 E. Speer Boulevard
Denver, Colorado 80203
RSSD#
33558
♦Application is subject to CRA.
CRA
R ate
District 11
Federal Reserve Bank of Dallas
A pplications and N otifications F iled D uring the W eek o f S eptem ber 2 9 , 1997 *
Section I - Applications subject to newspaper notice only
Type
Application
Comment period
ending date
None.
* Subject to CRA.
** Comment period ending date is the date specified in the newspaper only.
N/A - Not available at this time.
Section II - Applications subject to both newspaper and Federal Register notice
Comment period
ending date
Type
Application
♦Section 3(a)(1)
SWB Bancshares, Inc., Fort Worth, TX, to acquire
**97/10/23
SW Financial, Inc., Dover, DE, and
Southwest Bank, Fort Worth, TX
(Previously reported during the week of September 22, 1997)
♦Section 3(a)(1)
SW Financial, Inc., Dover, DE, to acquire
**97/10/23
Southwest Bank, Fort Worth, TX
(Previously reported during the week of September 22, 1997)
Change in Control Carmen P. Smith Family Limited Partnership, Wichita Falls, **97/10/01
TX, only notificant, to acquire an interest in
Notice
AmeriBancshares, Inc., Wichita Falls, TX
(Previously reported during the week of September 2, 1997)
♦Section 3(a)(3)
Olney Bancshares of Texas, Inc., Olney, TX, and Olney
Bancorp of Delaware, Inc., Wilmington, DE, to acquire
First National Bank of Borger, Borger, TX, Citizens
National Bank of Childress, Childress, TX, and First State
Bank of Canadian, N.A., Canadian, TX
N/A
♦Section 3(a)(1)
Amador Merger Corporation, Las Cruces, NM, to acquire
Amador Bancshares, Inc., Las Cruces, NM, and Citizens
Bank of Las Cruces, Las Cruces, NM
N/A
* Subject to CRA.
** Comment period ending date is the date specified in the newspaper only.
N/A - Not available at this time.
Federal Reserve Bank of Dallas
Section II - Applications subject to both newspaper and Federal Register notice
Type
Application
Comment period
ending date
Section III - Applications subject to Federal Register notice only
Type
Application
Comment period
ending date
None.
* Subject to CRA.
Section IV - Applications not subject to Federal Register or newspaper notice
Type
None.
Application
Comment period
ending date
Federal Reserve Bank of Dallas
Section V - Publicly available CRA evaluations
Description of the CRA goal against which institutions are evaluated, the four performance levels, and the
institutions for which an evaluation is publicly available.
The CRA requires a periodic evaluation of each covered institution regarding the extent to which is has
ascertained, and helped meet, the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
The federal bank regulators use the following four performance levels to rate an institution's performance
under CRA:
Outstanding
Satisfactory
Needs to improve
Substantial noncompliance
RSSD
number
Examination
date
Institution/ Location
None.
Section VI - CRA examinations scheduled
Institution
*N/A*
* Not Available.
CRA
public date
CRA
rating
"‘Outstanding
Quarter of
Location
FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 10/03/97
Section I - Applications Subject to Newspaper Notice Only
Application
Comment Period Ending Date
Westamerica Bank, San Rafael, CA, to establish a mobile
branch office to serve Marin County, California. *
Newspaper:
10/31/97
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Heritage Financial Corporation to become a
bank holding company by acquiring Heritage Savings
Bank, both of Olympia, Washington. *
Newspaper:
Not available
Fed. Reg. :
10/31/97
Greater Bay Bancorp, Palo Alto, California, to
acquire Peninsula Bank of Commerce, Millbrae,
California. *
Newspaper:
Not available
Fed. Reg.:
10/31/97
Section 111 -Applications Subject to Federal Register Only
The Sanwa Bank, Limited, Osaka, Japan, to engage in
leasing and financing activities through the acquisition of
Morcroft Capital Corporation, Fairfield, New Jersey.
Fed. Reg.:
Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
None
* Subject to CRA.
10/21/97
FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 10/03/97
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institutions) below became available during this week. Information
about a particular institution's CRA evaluation may be obtained directly from the institution.
Institution
LwatiQH
Examination Date
Rating*
None
*Under the rating system an institution's CRA performance is assigned one of the following four ratings:
Outstanding record of meeting community credit needs: An institution has an outstanding record of,
and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs: An institution has a satisfactory record of
ascertaining and meeting the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
Needs to Improve record of meeting community credit needs: An institution needs to improve its
overall record of ascertaining and helping to meet the credit needs of its entire delineated community,
including low- to moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
Substantial Noncompliance in meeting community credit needs: An institution has a substantially
deficient record of ascertaining and helping to meet the credit needs of its entire delineated community,
including low- to moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
The above listing has been prepared as a courtesy by the Federal Reserve Bank of San Francisco, and
is not intended to replace formal notices required by statute or regulation; the Reserve Bank assumes no
responsibility for errors or omissions.
H.2A
Notice of Formations and Mergers of, and Acquisitions by, Bank Holding
Companies; Change in Bank Control
Notices Filed as of October 3,1997
The following companies and individuals seek System approval to acquire a bank holding company,
a bank, or a nonbanking company in a transaction that is subject to the Bank Holding Company Act of
1956 (12 U.S.C. 1841 et seq.), the Change in Bank Control Act (12 U.S.C.1817(j)), Regulation Y (12
CFR Part 225), or other applicable statutes and regulations. Comments regarding the applications and
notices must be received in writing at the Reserve Bank indicated, or at the Board of Governors, no
later than the end of the public comment period. Addresses for the Board and Federal Reserve Banks
are listed at the end of this release.
The public portions of the applications and notices, as well as other related filings required by the
Board, may be obtained on an expedited basis by contacting the appropriate Federal Reserve Bank;
addresses are listed at the end of this release. Applications and notices also may be obtained from the
Board.
Applicant o r notificant
Acquiree o r activity
1867 Western Financial
Corporation(l),
Stockton, CA
CONTINUED
Capital Corp of the West,
Merced, CA, & Town &
Country Finance & Thrift
Co., Turlock, CA &
Capital West Group, Inc.,
Stockton, CA operating an
industrial loan co. (b)(4);
providing credit life
insurance (b)(l 1);
management consulting
(b)(9); CONTINUED
1867 Western Financial
Corporation^),
Stockton, CA
CONTINUED
Reserve Bank
End of comment period
4
San Francisco
August 26, 1997
& investment & financial
advice (b)(6)
4
San Francisco
August 26, 1997
1867 Western Financial
Corporation, Stockton,
CA
Capital Corp of the West,
Merced, CA & County
Bank, Merced, CA
3
San Francisco
September 2, 1997
Alabama National
BanCorporation,
Birmingham, AL
First American Bancorp,
Decatur, AL & First
American Bank, Decatur,
AL
3
Atlanta
October 24, 1997
Section of law
Applicantornotificant
Acquireeoractivity
Albrecht Financial
Services, Inc., Norwalk,
IA
Heartland Bankshares, Inc.,
Madrid, IA & City State
Bank, Grimes, IA
3
Chicago
October 9,1997
Amador Merger
Corporation, Las
Cruces, NM
Citizens Bank of Las
Cruces, Las Cruces, NM
3
Dallas
October 31,1997
CIBC
Atlanta
October 16, 1997
Arrendale Undiversified
Family Limited
Partnership^), Baldwin,
GA
CONTINUED
Cynthia Bussey, in their
individual capacities
Sectionoflaw ReserveBank
End ofcomment period
Arrendale Undiversified
Family Ltd.
Partnership(l), Baldwin,
GA; its general partners,
Thomas A. Arrendale,
III, Gainsville, GA;
Cynthia Bussey,
Altanta, GA; & Thomas
A. Arrendale, Jr.,
Clarkesville, GA;
Thomas A. Arrendale,
m ,&
CONTINUED
Habersham Bancorp,
Cornelia, GA, &
Habersham Bank,
Clarkesville, GA
CONTINUED
CIBC
Atlanta
October 16,1997
Banco Bilbao Vizcaya,
S.A.,
Bilbao, Spain
BBV Latlnvest Securities
Inc.,
New York, NY,
securities activities (b)(1),
(b)(4), (b)(15), and (b)(16)
4
New York
March 4, 1997
Bank Capital
Corporation, Strasburg,
CO
Guaranty Corporation,
Denver, CO
3
Kansas City
September 26,1997
Bank of New York
Company, Inc.,
New York, NY
State Street Boston
Corporation,
Boston, MA;
State Street Bank and Trust
Company,
Boston, MA
trust, securities and data
processing activities (b)(3),
(bX4), and (b)(7)
3 and 4
New York
March 14, 1997
Applicant or notificant
Acquiree or activity
Section of law
Reserve Bank
End of comment period
Barnett Banks, Inc.(2),
Jacksonville, FL; First
Union Corp., Charlotte,
NC; First Virginia
Banks, Inc., Falls
Church, VA; Jefferson
Bankshares, Inc.,
Charlottesville, VA;
NationsBank Corp.,
Charlotte, NC; Riggs
Nat'l Corp.,
Washington, D.C.;
CONTINUED
4
Richmond
September3,1997
Barnett Banks, Inc.(3),
Jacksonville, FL; Signet
Banking Corp.
Richmond, VA;
SunTrust banks, Inc.,
Atlanta, GA; Synovus
Financial Corp.,
Columbus, GA, &
Wachovia Corporation,
Winston-Salem, NC
4
Richmond
September3,1997
Barnett Banks, Inc.,
Jacksonville, FL;
Crestar Financial Cor.,
Richmond, VA; First
Union Corp. Charlotte,
NC; NationsBank Corp.,
Charlotte, NC; Southern
National Corp.,
Winston-Salem, NC;
and Wachovia Corp.,
Winston-Salem, NC
HONOR Technologies, Inc.
Maitland, FL
data processing and
electronic funds transfer
services, (b)(7)
Card Alert Services, Inc.
Arlington, VA
providing debit card
securities services (bX7)
4
Richmond
March 27,1997
Boston Private Bancorp,
Inc., Boston, MA
Westfield Capital
Management Company,
Inc., Boston, MA, financial
investment advisory
activities (b)(6)
4
Boston
October 21,1997
Boston Private Bancorp,
Inc., Boston, MA
Westfield Capital
Management Company,
Inc., Boston, MA, in
financial & investment
advisory activities (bX6)
4
Boston
October 14, 1997
Applicantornotificant
Acquireeoractivity
Bradley Investments,
L.L.L.P., Golden, CO,
Bradley, Leo N.,
Golden, CO, Bradley,
Susan Q., Denver, CO,
and Bradley, Jeffrey N.,
Denver, CO
Evergreen Bancorporation,
Evergreen, CO &
Evergreen National Bank,
Evergreen, CO
CIBC
Kansas City
October 10,1997
Builders Financial
Corporation, Chicago, IL
Builders Bank, Chicago, IL
3
Chicago
October 23,1997
California Community
Financial Institutions
Fund Limited
Partnership; Belvedere
Capital Partners, Inc., &
Newco, all of San
Francisco, CA &
National Bancorp of
Alaska, Inc.,
Anchorage, AL
Securities First Bank,
Fulleton, CA
3
San Francisco
September 29,1997
Calvin B. Taylor
Bankshares, Inc., Berlin,
MD
Calvin B.Taylor Banking
Company of Berlin
Maryland, Berlin, MD, &
Calvin B. Taylor Bank of
Delaware, Ocean View, DE
3
Richmond
September 15,1997
Canadian Impercial
Bank of Commerce(3),
Toronto, CA
CONTINUED
agency transactional
services (bX7); in
underwriting & delaing in
government obligations &
money market instruments,
providing investments &
trading services & buying
& selling bullion & related
activities (b)(8)
4
New York
August 28,1997
Canadian Imperial Bank
of Commerce(l),
Toronto, Canada
CONTINUED
CIBC Wood Gundy
Securities Corp. ("CIBC
Wood Gundy”), New York,
NY, all the outstanding
shares of Oppenheimer
Holdings, Inc., New York,
NY, & its subsidiaries,
including
Oppenheimer & Co., Inc.,
New York, NY in
underwriting &
CONTINUED
4
New York
August 28, 1997
Sectionoflaw ReserveBank
End ofcomment period
Applicant or notificant
Acquiree or activity
Canadian Imperial Bank
of Commerce(2),
Toronto, Canada
CONTINUED
dealing to a limited extent
in all types of equity & debt
securities; lending (bXl),
(b)(2); financial &
investment advisory
services (bX6); securities
brokerage, riskless
principal, private
placement, futures
commission merchant &
other
CONTINUED
4
New York
August 28, 1997
Canisteo Valley
Corporation, Canisteo,
NY
First State Bank, Canisteo,
NY
3
New York
October 30,1997
Capitol Bancorp, Ltd.,
Lansing, MI
Muskegon Commerce
Bank, Muskegon, MI
3
Chicago
October 31,1997
Carolina First
Corporation, Greenville,
SC
First Southeast Financial
Corporation, Anderson, SC
& First Federal Savings &
Loan Association of
Anderson, Anderson, SC in
operating a savings & loan
association (bX4Xii)
4
Richmond
September 3,1997
Carruth, Johnny Bob,
Lubbock, TX;
Cleveland, Walter
Charles, Idalou, TX;
Hobgood, Robert
Charles, Haskel, TX;
Morris, Kim Holder,
Houston, TX; Thigpen,
Joseph Emitt, Haskell,
TX; Toliver, Bailey Lee,
Haskell, TX, & Toliver,
Samuel Ray, Haskell,
TX
First Haskell Bancorp, Inc.,
Haskell, TX& First
National Bank, Haskell, TX
CIBC
Dallas
September 26,1997
Cashin, Stuart A., Jr.,
Duluth, GA
Embry Bankshares, Inc.,
Duluth, GA & Embry
National Bank,
Larenceville, GA
CIBC
Atlanta
October 21,1997
Section of law
Reserve Bank
End of comment period
Sectionoflaw ReserveBank
Applicantornotificant
Acquiree oractivity
Centre 1 Bancorp, Inc.,
Beloit, WI
First Winnebago
Corporation, Winnebago,
IL & First National Bank of
Winnebago
3
Chicago
September 26, 1997
Citizens Bankers, Inc.,
Baytown, TX
First National Bank of Bay
City, Bay City, TX
3
Dallas
October 6, 1997
Citizens Bankers, Inc.,
Baytown, TX, and
Citizens Bankers of
Delaware, Wilmington,
DE
First National Bank of Bay
City, Bay City, TX
3
Dallas
September 18, 1997
Citizens Development
Co., Billings, MT
Citizens Development Col.,
Billings, MT, in making &
servicing loans, (b)(1)
4
Minneapolis
October 23, 1997
Citizens Financial
Corp., Midwest City, OK
U.S. National Bank,
Midwest City, OK
3
Kansas City
October 16, 1997
Coddle Creek Financial
Corp., Mooresville, NC
Mooresville Savings Bank,
SSB, Mooresville, NC
3
Richmond
October 16, 1997
Community Bancshares
of West Plains, Inc.,
West Plains,
MO
Community First National
Bank of West Plains, West
Plains,
MO
3
St. Louis
October 24,1997
Community Bankshares,
Inc., Denver, CO
Dove Creek State Bank,
Dover Creek, CO
3
Kansas City
October 20, 1997
Community First
Bankshares, Inc., Fargo,
ND
Republic National Bancorp,
Inc., Pehoenix, AZ &
Republic National Bank of
Arizona, N.A., Phoenix, AZ
3
Minneapolis
October 6, 1997
Community First
Bankshares, Inc., Fargo,
ND
First National Summit
Bankshares, Inc., Gunnison,
CO & First National
Summit Bank, Gunnison,
CO
3
Minneapolis
October 6, 1997
Community National
Corporation, Lexington,
TN
Community National Bank
of Tennessee, Lexington,
TN
3
St. Louis
October 17, 1997
End ofcomment period
Applicant or notificant
Acquiree or activity
Compass Bancshares,
Inc., Birmingham, AL
GSB Investments, Inc.,
Gainesville, FL &
Gainsville State Bank,
Gainesville, FL
3
Atlanta
October 6,1997
Cortez Investment Co.,
Cortez, CO
The Cortez State Bank,
Cortez, CO
3
Kansas City
October 6,1997
CSB Bancshares, Inc.,
Ellsworth, KS
Wilson Bancshares, Inc.,
Wilson, KS & Wilson State
Bank, Wilson, KS
3
Kansas City
October 23,1997
Davis, John Francis, and
Davis, Carman Lee,
both of Concordia, KS
Tri-County Bancshares,
Inc., Linn, KS,
& Tri-County National
Bank, Washington, KS
CIBC
Kansas City
October 15, 1997
Deutsche Bank, AG
(Main)
Federal Republic of
Germany
Ganis Credit Corporation,
Newport Beach, CA,
lending (b)(1)
4
New York
May 12,1997
Exchange National
Bancshares, Inc.,
Jefferson City, MO
Union State Bancshares,
Inc., Clinton, MO & Union
State Bank & Trust
Company of Clinton,
Clinton, MO
3
St. Louis
October 2,1997
F.N.B. Corporation,
Hermitage PA &
Southwest Banks, Inc.,
Naples, FL
Mercantile Bank of
Southwest Florida, Naples,
FL
3
Cleveland
October 10,1997
F.N.B. Corporation,
Hermitage, PA
Indian Rocks State Bank,
Largo, FL
3
Cleveland
September 2, 1997
FBOP Corporation, Oak
Park, IL
First Capital Bank of
Arizona, Phoenix, AZ
3
Chicago
October 2,1997
FBOP Corporation, Oak
Park, IL
California Bank, N.A.,
Beverly Hills, CA
3
Chicago
October 27,1997
First Banks, Inc., St.
Louis, MO
Surety Bank, Vallejo, CA
3
St. Louis
October 14,1997
Section of law
Reserve Bank
End of comment period
Applicantornotificant
Acquireeoractivity
First Citizens
Bancshares, Inc.,
Dyersburg, TN
Bank of Troy, Troy, TN
3
St. Louis
October 30, 1997
First Commercial
Corporation, Little
Rock, AR
First Charter Bancshares,
Inc., North Little Rock, AR,
& Charter State Bank,
Beebee, Arkansas, Beebe,
AR
3
St. Louis
September 19,1997
First National
Bancshares, Inc., East
Lansing, MI
Finance Company of North
America, LLC, East
Lansing, MI in making and
servicing loans (b)(1)
4
Chicago
August 17,1997
First National Bank of
Las Animas ESOP, Las
Animas, CO
First Bankshares of Las
Animas, Inc., Las Animas,
CO & First National Bank,
Las Animas, CO
3
Kansas City
October 6,1997
First National of
Nebraska, Inc., Omaha,
NE, & its subsidiary
First National of
Colorado, Inc., Fort
Collins, CO
Platte Valley National
Bank, Grand Island, NE &
First National of Nebraska,
Lincoln, NE
3
Dallas
August 25, 1997
First State Bancshares,
Inc., Farmington, MO
Perry County Financial
Corporation, Perryville,
MO, and
Perry County Savings
Bank, FSB,
Perryville, MO operating a
savings
association (b)(4)
4
St. Louis
August 1, 1997
First Union
Corporation(l),
Charlotte, NC
CONTINUED
Signet Banking Corp., &
Signet Bank, Richmond,
VA; Signet Commercial
Credit Corp., Richmond,
VA making loans that are
typcially secured by
inventory, accounts
receivable or like security
& are generally structured
on a revolving basis (bXl);
CONTINUED
3 and 4
Richmond
September 19,1997
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotificant
Acquireeoractivity
First Union
Corporation^),
Charlotte, NC
CONTINUED
and other nonbanking
activities (b)(l l)(iv); (b)(5)
(b)(7), (b)(8), (b)(6)
3 and 4
Richmond
September 19,1997
First United Bancshares,
Inc., El Dorado, AR
City Bank & Trust of
Shreveport, Shreveport, LA
3
St. Louis
October 9, 1997
FirstBank Holding
Company of Colorado,
ESOP, Lakewood, CO
FirstBank Holding
Company of Colorado,
Lakewood, CO
3
Kansas City
October 9,1997
Fischer Bancorp, Inc.,
Fischer, IL
Fisher National Bank,
Fisher, IL
3
Chicago
October 24, 1997
Frame, Chark S. &
David C., Doylestown,
PA
Premier Bancorp, Inc.,
Doylestown, PA & Premier
Bank, Doylestown, PA
CIBC
Philadelphia
October 22, 1997
FSB Bancorp, MHC &
FSB Bancorp, both of
Farmington, ME
CORRECTION
Franklin Savings Bank,
Farmington, MN
CIBC
Boston
August 28, 1997
FSB Bancorp, MHC,
and FSB Bancorp, both
of Farmington, ME
Franklin Savings Bank,
Farmington, ME
3
Boston
August 28, 1997
George Washington,
Bancorp, Inc., Oak
Lawn, IL
George Washington
Savings Bank, Oak Lawn,
IL
3
Chicago
October 6,1997
Gilinski, Jaime, Santafe
de Bogota, Columbia
Eagle National Holding
Company, Inc., Miami, FL
CIBC
Atlanta
October 1, 1997
Gold Banc Corporation,
Inc., Leawood, KS
Farmers Bancshares of
Oberlin, Inc., Oberlin, KS,
and Farmers National Bank,
Oberlin, KS
3
Kansas City
August 21,1997
Great Southern Capital
Corporation Employee
Stock Ownership Trust,
Meridian, MS
Great Southern Capital
Corporation, Meridian, MS,
& Great Southern National
Bank, Meridian, MS
3
Atlanta
October 30, 1997
Greater Bay Bancorp,
Palo Alto, CA
Peninsula Bank of
Commerce, Millbrae, CA
3
San Francisco
October 31, 1997
Sectionoflaw Reserve Bank
End ofcomment period
Applicantornotificant
Acquireeoractivity
Greenblatt, Leon A., Ill,
and Chiplease, Inc.,
both of Chicago, IL
Home Financial Bancorp,
Spencer, IN, and Owen
Community Bank, S.B.,
Spencer, IN
CIBC
Chicago
July 9, 1997
Greer, Elmo,
East Bemstadt, KY
Cumberland Valley
Financial Company,
London, KY
croc
Cleveland
May 23, 1997
Grell, Steven; Bovee
Investment Trust,
Bovee, Michael R.,
Trustee; Tamisiea,
Bruce; Nystrom, Bruce;
Grave, Gary; Cotton,
John M.; & Hultgren,
David M.; all of
Spencer, LA, acting in
concert
Albert City Bankshares,
Inc., Albert City, LA &
Albert City Savings Bank,
Albert City, IA & The
Citizens State Bank,
Marathon, IA
CIBC
Chicago
August 29,1997
Griffin Investment, L.P.
& Griffin General
Partner, Inc., both of
Cameron, MO
Griffin Bancshares, Inc.,
Cameron, MO & Pony
Express Bank, Braymer,
MO
3
Kansas City
October 16,1997
Harbor, Lacy J.,
Denison, TX
Marble Falls National
Bancshares, Inc., Marble
Falls, TX,& Marble Falls
National Bank, Marble
Falls, TX
croc
Dallas
September 4,1997
Hardin County
Bancshares, Inc.,
Savannah, TN
Majors Insurance Agency,
Inc.,
Adamsville, TN general
insurance agency activities
in a town of less than 5,000
4
St. Louis
August 26,1997
Sectionoflaw ReserveBank
End ofcomment period
(bXH)
Hazard, Charles
Michael, Boston, MA
Boston Private Bancorp,
Inc., Boston,
MA, & Boston Private
Bank & Trust
Company, Boston, MA
croc
Boston
October 15,1997
Hazard, Charles
Michael, Boston, MA
CORRECTION
Boston Private Bancorp,
Inc., Boston, MA & Boston
Private Bank & Trust
Company, Boston, MA
CORRECTION
croc
Boston
October 15,1997
Applicantornotificant
Acquireeoractivity
Heath, Craig Dwight,
Phoenix, AZ
Texico Bancshares
Corporation, Texico, IL &
Texico State Bank, Texico,
IL
CIBC
St. Louis
October 1,1997
Heritage Financial
Corporation, Olympia,
WA
Heritage Savings Bank,
Olympia, WA
3
San Francisco
October 31,1997
Hibernia Corporation,
New Orleans, LA
Unicorp Bancshares-Texas
Inc., Orange, TX, and
OrangeBank, Orange, TX
3
Atlanta
August 11, 1997
Hibernia Corporation,
New Orleans, LA
Northwest Bancshares of
Louisiana, Inc., Mansfield,
LA & First National Bank
in Mansfield, Mansfield, LA
3
Atlanta
October 24, 1997
Horizon Bancorp of
South Arkansas, Inc.,
Magnolia, AR
Horizon Bank of Columbia
County, Magnolia, AR
3
St. Louis
October 20,1997
Industrial Bank of
Japan, Ltd.,
Tokyo, Japan
Aubrey G. Lanston & Co.,
Inc.,
New York, NY, securities
activities (b)(7); data
processing (b)(14);
financial & investment
activities (b)(6); and
underwriting (b)(8)
4
New York
May 12,1997
Iron Bancshares, Inc.,
Salisbury, CT
The National Iron Bank,
Salisbury, CT
3
Boston
October 2, 1997
Jackson Boulevard
Fund, Ltd.; Jackson
Boulevard Equities, L.P.
& Paul J. Duggan, all of
Chicago, IL
Damen Financial
Corporation, Schaumburg,
IL & Damen National
Bank, Schaumburg, IL
CIBC
Chicago
September 3, 1997
Jacobsen, Sam J.,
Middleton, WI
First Business Bancshares,
Madison, WI & First
Business Bank, Madison,
CIBC
Chicago
August 28,1997
WI
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotificant
Acquireeoractivity
Jasper Banking
Company Second
Amended and Restated
Employee Stock
Ownership Stock Bonus
Plan (ESOP), Jasper, GA
JBC Bancshares, Inc.,
Jasper, GA
CIBC
Atlanta
August 12, 1997
Kazi, Zubair and Khatija,
Studio City, CA;
and Yahia and Magda
Abdul-Rahman,
Pasadena, CA
Kentucky Home Bank,
Bardstown, KY
3
San Francisco
April 17, 1997
Kroll, Rodney, G;
Copeland, Newman E.;
Slamans, Scott J.; Gray,
Rondy, T.; Turner,
Charles B.; DuBois,
James H., all of Waco,
TX, and Salome,
Tommy G., Crawford,
TX, & Time
Manufacturing
Company., Waco, TX
First Riesel Corporation,
Riesel, TX & First State
bank, Riesel, TX
CIBC
Dallas
September 30, 1997
Lagomarsino, Richard
A., and Robert J.,
both of Ventura, CA, &
Wood, Catherine S.,
Carpinteria,
CA; acting in concert
Americorp, Ventura, CA,
and American Commercial
Bank, Ventura, CA
CIBC
San Francisco
August 6, 1997
Lagomarsino, Richard
A.; Lagomarsino,
Ramona; Ramona
Lagomarsino Family
Limited Partnership;
Lagomarsino, Robert J.,
all of Ventura, CA; &
Lagomarsino, Norma
M; Wood, Catherine S.;
& Wood, Jack W.;
acting in concert, all of
Carpinteria, CA
Americorp, Ventura, CA,
and American Commerical
Bank, Ventura CA
CIBC
San Francisco
August 20, 1997
Landen, Michael P.,
Dallas, TX
Security National
Corporation, Omaha, NE &
Security National Bank of
Omaha, Omaha, NE
CIBC
Kansas City
October 22,1997
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotificant
Acquireeoractivity
Leake Family
Partnership, L.P.,
Jackson,
MS
Citizens Capital
Corporation, Magee, MS,
and
Citizens State Bank, Magee,
MS
CIBC
Atlanta
July 23, 1997
Lexington B & L
Financial Corp.,
Lexington,
MO
Lafayette Bancshares, Inc.,
Lexington, MO, and
Lafayette
County Bank of
Lexington/Wellington,
Lexington, MO; and B & L
Bank, Lexington, MO
operating a savings
association (b)(4)
3 and 4
Kansas City
August 4, 1997
Lloyds TSB Group
PLC, and Lloyds Bank
PLC,
both of London, England
IAI Holdings Inc.,
Investment Advisers, Inc.,
Minneapolis, MN, trust
services (b)(3); investment
advisory services (b)(4);
full-service brokerage
(b)(15); foreign exchange
execution & advisory
services, and other advisory
& administrative services
4
New York
March 26, 1997
Mahaska Investment
Company, Oskaloosa, IA
Pella State Bank, Pella, IA
3
Chicago
September 12,1997
MainStreet BankGroup
Incorporated,
Martinsville, VA
Commerce Bank
Corporation, College Park,
MD
3
Richmond
October 6, 1997
Marengo Bancshares,
Inc., Marengo, IL
Prairie State Bank,
Marengo, IL
3
Chicago
October 2, 1997
MBNA Corporation,
Wilmington, DE
MBNA America Bank
(Delaware), Wilmington,
DE
3
Philadelphia
November 1,1997
Mercantile Bancorp,
Inc., Quincy, Illinois,
Quincy, IL
Golden Bancshares, Inc.,
Golden, IL & Golden State
Bank, Golden, IL & Brown
County State Bank, Mount
Sterling, IL
3
St. Louis
October 27,1997
Sectionoflaw Reserve Bank
End ofcomment period
Applicantornotificant
Acquireeoractivity
Mercantile Bank
Corporation, Grand
Rapids, MI
Mercantile Bank of West
Michigan, Grand Rapids, MI
3
Chicago
October 9,1997
Mid America Banking
Corporation, Columbia,
MO
Pulaski Bancshares, Inc.,
Dixon, MO & State Bank of
Dixon, Dixon, MO
3
St. Louis
October 27,1997
Mid America Mortgage
Services, Inc.,
Columbia, MO; Mid
America Mortgage
Services of St. Louis,
Inc., St. Louis, MO; Mid
America Mortgage
Services of Springfield,
Inc.,
Springfield, MO
Mid America Banking
Corporation, Columbia,
MO, & Pulaski Bancshares,
Inc., Dixon, MO, & State
Bank of Dixon,
Dixon, MO
3
St. Louis
October 27,1997
Midland Bancshares,
Inc., Kincaid, IL
The Midland Community
Bank, Kincaid, IL
3
Chicago
October 31, 1997
MidSouth Bancorp, Inc.,
ESOP, Lafayette, LA
MidSouth Bancorp, Inc.,
Lafayette, LA & MidSouth
National Bank, Lafayette,
LA
CIBC
Atlanta
September 30,1997
Midwest Community
Bancshares, Inc.,
Marion, IL
The Bank of Marion,
Marion, IL
3
St. Louis
September 2,1997
Mutual Bancorp of the
Berkshires, Inc.,
Pittsfield, MA
Pittsfield Central
Development Company,
LLC., Pittsfield, MA,
community development
activities (b)(12)
4
Boston
October 10,1997
Mutual Bancorp of the
Berkshires, Inc.,
Pittsfield, MA
Trust Company of the
Berkshires, N.A., Pittsfield,
MA, performing trust
company functions (b)(5)
4
Boston
October 10,1997
Mutual Bancorp of the
Berkshires, Inc.,
Pittsfield, MA
Lee National Banc Corp.,
Lee, MA, & First National
Bank of the Berkshires,
Lee, MA & City Savings
Bank of Pittsfield,
Pittsfield, MA
3
Boston
September 19,1997
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotificant
Acquiree oractivity
Myers, Judy Noe,
Dallas, TX
Rusk County Bancshares,
Inc., Henderson, TX &
Peoples State Bank,
Henderson, TX
CIBC
Dallas
September 24, 1997
National Bank of
Canada, Montreal,
Canada & NatBC
Holding Corporation,
Hollywood, FL
Natbank, N.A., Hollywood,
FL & Natbank, N.A.
3
New York
October 3, 1997
National City
Bancshares, Inc.,
Evansville, IN
Fourth First Bancorp, Inc.,
Huntingburg, IN & First
Bank of Huntingburg,
Huntingburg, IN
3
St. Louis
October 3, 1997
National Commerce
Bancorporation,
Memphis, TN
First Market Banks, FSB,
Memphis, TN, operation of
a federal savings bank
(b)(4).
4
St. Louis
October 10, 1997
New Amboy, Inc., Old
Bridge, NJ
Amboy Bancorporation,
Old Bridge," NJ & Amboy
National Bank, Old Bridge,
NJ
3
New York
September 26, 1997
Northside Banking
Corporation, Tampa, FL
Northside Bank of Tampa,
Tampa, FL
3
Atlanta
August 29, 1997
Norwest Corporation,
Minneapolis, MN,
through its wholly
owned subsidiaries
Norwest Financial
Services, Inc., and
Norwest Financial, Inc.,
both of Des Moines, IA
Cityside Fin.'l Serv.s of WI,
Inc., Cityside Savings &
Fin.'l Services, Co., &
Cityside Insurance Co.,
Ltd., Eden Prairie, MN, in
consumer fin. (b)(1); the
sale of insur. (b)(l l)(i), (ii)
& (iii) & the operation of a
nonbank depository
institution (b)(4)
4
Minneapolis
October 17, 1997
O.A.K. Financial
Corporation, Byron
Center,
MI
Caledonia Financial
Corporation,
Caledonia, MI, & State
Bank of Caledonia,
Caledonia,
MI
3
Chicago
August 15, 1997
Sectionoflaw Reserve Bank
End ofcomment period
Applicantornotificant
Acquireeoractivity
Olney Bancshares of
Texas, Inc., Olney, TX
& Olney Bancorp of
Delaware, Inc.,
Wilimington, DE
First National Bank of
Borger, Borger, TX;
Citizens National Bank of
Childress, Childress, TX &
First State Bank of
Canadian, N.A., Canadian,
TX
3
Dallas
October 16,1997
Olympian New York
Corporation, Brooklyn,
NY
Olympian Bank, Brooklyn,
NY
3
New York
October 9,1997
Olympic Bancorp, Port
Orchard, WA
Kitsap Bank, Port Orchard,
WA
3
San Francisco
September 19, 1997
One Valley Bancorp,
Inc., Charleston, WV
One Valley Bank-Central
Virginia, N.A., Lynchburg,
VA
3
Richmond
October 9,1997
P.C.B. Bancorp, Inc.,
Largo, FL
Anchor Savings Bank,
F.S.B., St. Petersburg, FL
operating a savings
association (bX4)
4
Atlanta
August 8, 1997
Paradigm
Bancorporation, Inc.,
Houston, TX &
Paradigm Delaware
Bancorporation, Inc.,
Dover, DE
First National Bank of
Dayton, Dayton, TX
3
Dallas
October 3,1997
Pederson, Richard Paul
II, Page, ND
Page Bank Holding
Company, Page, ND, &
Page State Bank, Page, ND
CIBC
Minneapolis
October 17, 1997
Penns Wood Bancorp,
Inc., Williamsport, PA
Columbia Financial
Corporation, Bloomsburg,
PA & First Columbia Bank
& Trust Company,
Bloomsburg, PA
3
Philadelphia
October 20, 1997
Peoples Bancorp, Inc.,
Marietta, OH
Gateway Bancorp, Inc.,
Catlettsburg, KY, and
Catlettsburg Federal
Savings Bank, Catlettsburg,
KY operating a savings
association (bX4Xii)
4
Cleveland
August 1,1997
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotificant
Acquiree oractivity
Peoples Bancorporation,
Inc., Cuba, MO
Peoples Investment
Corporation, Cuba, MO &
Peoples Bank, Cuba, MO
3
St. Louis
October 17, 1997
Peoples Commercial
Bancorp, Inc., Stilwell,
OK
Bank of Commerce,
Stilwell, OK & Peoples
Bank, Westville, OK
3
Kansas City
September 26,1997
Peoples Community
Bancshares, Inc.,
Colquitt,
GA
Farmers Bank of Malone,
Malone, FL
3
Atlanta
August 11,1997
Peoples Financial Corp.,
Inc., Ford City, PA
Elderton State Bank,
Elderton, PA
3
Cleveland
August 25, 1997
Plainview Holding
Company,
Pilger, NE
American National
Creighton Co.,
Creighton, NE, and
American National Bank of
Creighton,
Creighton, NE
3
Kansas City
June 23, 1997
Planters & Merchants
Bancshares, Inc.,
Heame,
TX, & Planters &
Merchants Bancshares
of Delaware, Inc.,
Wilmington, DE
Homestead Bank, S.S.B.,
College Station, TX
3
Dallas
August 14,1997
Platt, Michael D.,
Hardtner, KS; Molz,
James L., Kiowa, KS;
Collins, David C., &
Pederson, Roland
C., both of Burlington,
OK
B-K Agency, Inc. Hardtner,
KS, & The Farmers State
Bank, Hardtner, KS
CIBC
Kansas City
September 10,1997
Popular, Inc., Hato Rey,
Puerto Rico
Houston Bancorporation,
Inc., Houston, TX, &
Citizens National Bank,
Houston, TX
3
New York
October 16, 1997
Preimer Bancorp, Inc.,
Doylestown, PA
Preimer Bank, Doylestown,
PA
3
Philadelphia
October 23, 1997
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotificant
Acquiree oractivity
Premier Bancshares,
Inc., Atlanta, GA
Citizens Gwinnett
Bankshares, Inc., Duluth,
GA & Citizens Bank of
Gwinnett, Duluth, GA
3
Atlanta
October 31,1997
Prillaman, Bob Maurice
& Lillias B., Marietta,
GA
Independent Bancshares,
Inc., Powder Springs, GA
CIBC
Atlanta
August 29,1997
Proffitt, Richard Todd,
Pigeon Forge, TN
Tennessee State
Bancshares, Inc., Pigeon
Forge, TN (formerly
Gatlinburg, TN), and
Tennessee State Bank,
Gatlinburg, TN
CIBC
Atlanta
August 5,1997
Progress Bancshares,
Inc., Sullivan, MO
Progress Bank of Sullivan,
Sullivan, MO, a
de novo bank
3
St. Louis
August 8,1997
Provident Financial
Group, Inc., & FGBI
Acquisition Corp., both
of Cincinnati, OH
Florida Gulfcoast Bancorp,
Inc., Sarasota, FL, and
Enterprise National Bank of
Sarasota,
Sarasota, FL
3
Cleveland
July 24, 1997
Rice Lake Bancorp,
Inc., Rice Lake, WI
TALCO, Inc., Menomonie,
WI & Menomonie Shares,
Inc., Menomonie, WI;
Menomonie Financial
Services, Inc., Menomonie,
WI & First Bank and Trust,
Menomonie, WI
3
Minneapolis
October 9,1997
Riverside Gulf Coast
Banking Company,
Cape Coral, FL
Riverside Bank of the Gulf
Coast, Cape Coral, FL
3
Atlanta
October 24,1997
Rockdale National
Bankshares, Conyers,
GA
CORRECTION
Rockdale National Bank,
Conyers, GA
3
Atlanta
August 22,1997
Rockdale National
Bankshares, Inc.,
Conyers, GA
Rockdale National Bank,
Conyers, GA
3
Atlanta
August 25, 1997
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotificant
Acquiree oractivity
Rockdale National
Bankshares, Inc.,
Conyers, GA
Rockdale National Bank,
Conyers, GA
3
Atlanta
August 22, 1997
Roseau Realty Co., Inc.,
Roseau, MN
Citizens State Bank of
Roseau, Roseau, MN, in
general insurance agency
activities (b)(l l)(iii)(A )
3 and 4
Minneapolis
October 23,1997
Security Bank Holding
Company ESOP and
Security Bank Holding
Company, both of Coos
Bay, OR
Pacific State Bank,
Reedsport, OR
3
San Francisco
October 20,1997
Security State
Bancshares, Inc.,
Charleston, MO
Merchants and Planters
Bank of Homersville,
Homersville, MO
3
St. Louis
October 24, 1997
Shields, James Homer,
III, London, England
Sebastian Bankshares, Inc.,
Barling, AR & River Valley
Bank and Trust, Lavaca, AR
CIBC
St. Louis
September 24, 1997
SIS Bancorp, Inc.,
Springfield, MA
Glastonbury Bank & Trust
Company, Glastonbury, CT
3
Boston
October 16, 1997
Smith, Carmen P.
Family Limited
Partnership; Smith,
Carmen P.; &
Woodruff, Peggie J., as
General Partners, all of
Wichita Falls, TX
AmeriBancShares, Inc.,
Wichita Falls, T X &
AmeriBancShares of
Delaware, Inc.,
Wilmington, DE &
American National Bank,
Wichita Falls, TX
CIBC
Dallas
September 24, 1997
Smith, James Randel,
Auburn, NE; Jobe, Jerry
A. Tabor, IA; and
Schaaf, Grant, T.,
Randolph, IA
Tabor Enterprises, Inc.,
Tabor, IA & First State
Bank, Tabor, IA
CIBC
Chicago
October 1, 1997
Smith, James Randel,
Auburn, NE; Jobe, Jerry
A., Tabor, IA, and
Schaaf, Grant T.,
Randolph, IA
CORRECTION
Tabor Enterprises, Inc.,
Tabor, IA, & First State
Bank, Tabor, IA
CORRECTION
CIBC
Chicago
October 1, 1997
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotificant
Acquireeoractivity
Spanjer, Leland, Cozad,
NE, in his capacity as
Personal Representative
of the Estate of Clifford
G. Young
C.S.B. Co., Cozad, NE,
Cozad State Bank & Trust
Company, Cozad, NE, and
First National Bank of
Chadron, Chadron, NE
croc
Kansas City
August 11, 1997
Spectrum
Bancorporation, Inc.,
Omaha, NE
First Savings & Loan
Association of South
Dakota, Inc., Aberdeen, SD
in the operation of a savings
association (b)(4)
4
Minneapolis
September 26,1997
Spehar, David L. &
Nancy A., Kansas City,
KS
First Community
Bancshares, Inc., Kansas
City, KS, and First
Community Bank, Kansas
City, KS
croc
Kansas City
August 5, 1997
SWB Bancshares, Inc.,
Fort Worth, TX&SW
Financial, Inc., Dover,
DE
Southwest Bank, Fort
Worth, TX
3
Dallas
October 23, 1997
TCA Financial
Corporation,
Englewood, CO
Trust Company of America,
Boulder, CO
3
Kansas City
October 31, 1997
Texas Financial
Bancorporation, Inc.,
Minneapolis, MN &
Delaware Financial,
Inc., Wilmington, DE
CNB Bancshares of
Victoria, Victoria, TX &
Citizens Bancorp of
Delaware, Inc.,
Wilimington, DE &
Citizens National Bank,
Victoria, TX
3
Dallas
September 26, 1997
The Chase Manhattan
Corporation & Chase
Holdings Delaware,
Inc., New York, NY
CORRECTION
Chase Manhattan Bank &
Trust Company, National
Association, Los Angeles,
CA
3
New York
August 18, 1997
The First national Bank
of St. James ESOP, St.
James, MN
The First National Agency
at St. James, St. James, MN,
& The First National Bank
of St. James, St. James, MN
3
Minneapolis
October 20, 1997
The Marine BancCorp,
Inc., Chincoteague, VA
The Marine Bank,
Chincoteague, VA
3
Richmond
October 6, 1997
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotificant
Acquiree oractivity
The Sanwa Bank
Limited, Osaka, Japan
Morcroft Capital
Corporation, Fairfield, NJ,
leasing& financing
activities, (b)(3) & (b)(1)
4
San Francisco
October 21,1997
Triangle Bancorp, Inc.,
Raleigh, NC
Bank of Mecklenburg,
Charlotte, NC
3
Richmond
August 1, 1997
Trust No. 3 Under Will
of Charles Henderson,
Troy, AL,
& Henderson
Bancshares, Inc., Troy,
AL
Pea River Capital,
Corporation, Elba, AL, &
Peoples Bank of Coffee
County, Elba, AL
3
Atlanta
October 24, 1997
Trustbank Financial
Corporation, Denver, CO
Trust Bank of Colorado,
Denver, CO
3
Kansas City
October 20, 1997
U.S. Bancorp,
Minneapolis, MN
Zappco, Inc., St. Cloud,
MN & The First National
Bank of Little Falls, Little
Falls, MN; Melrose State
Bank, Melrose, MN; &
Zapp National Bank of St.
Cloud, St. Cloud, MN &
Zapp Data, Inc., St. Cloud,
MN, providing data
processing services (b)(14)
3 and 4
Minneapolis
October 24,1997
Union Planters
Corporation, Memphis,
TN
Capital Bancorp, Miami, FL
& Capital Bank, Miami, FL
3
St. Louis
October 3,1997
UST Corp. Boston, MA
CORRECTION
Firestone Financial Corp.,
Newton, MA in installment
loan and lease financing
activities to commercial
customer (b)(1) & (b)(3)
4
Boston
September 5, 1997
UST Corp., Boston, MA
Firestone Financial Corp.,
Newton, MA in installment
loan & lease financing
activities to commercial
customers (b)(1) & (b)(3)
4
Atlanta
September 15, 1997
Vail Banks, Inc., Vail,
CO
Cedaredge Financial
Services, Inc., Cedaredge,
CO
3
Kansas City
October 6, 1997
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotificant
Acquireeoractivity
Voorhees, Steven L.,
Harvard, NE
Harvard State Company,
Harvard, NE & Harvard
State Bank, Harvard, NE
CIBC
Kansas City
September 29,1997
Wachovia Corporation,
Winston-Salem, NC
1st United Bancorp, Boca
Raton, FL, & First United
Bank, Boca Raton, FL, &
United Bancorp's
subsidiary, Island
Investment Service, Inc.,
Palm Beach, FL in
securities brokerage
activities (bX7Xi)
3
Richmond
September 15,1997
Wachovia Corporation,
Winston-Salem, NC
Central Fidelity Banks,
Inc., & Central Fidelity
National Bank, Richmond,
VA; Central Fidelity
Insurance Agency,
Inc., Richmond, VA acting
as an agent or broker in the
sale of credit related
insurance (bXl 1)
3 and 4
Richmond
September 26,1997
Warwick Community
Bancorp, Inc., Warwick,
NY
Warwick Savings Bank,
Warwick, NY
3
New York
October 24,1997
Washington Bancorp,
Washington, IA
Rubio Savings Bank of
Brighton, Brighton, IA &
Washington Federal
Savings Bank, operating a
savings association (bXl 1)
3 and 4
Chicago
October 23,1997
Wingate, J. Alton,
Cornelia, GA
Community Bankshares,
Inc., Cornelia, GA, &
Community Bank & TrustJackson, Commerce,
GA; Community Bank &
Trust-Troup, LaGrange,
GA, & Community Bank &
Trust-Alabama, Union
Springs, AL
CIBC
Atlanta
October 16,1997
Winter-Park
Bancshares, Inc.,
Cameron, WI
Owen-Curtiss Financial
Corporation, Rice Lake, WI
& Brill Bancshares, Inc.,
Rice Lake, WI & Brill State
Bank, Brill, WI
3
Minneapolis
October 23,1997
Section of law
Reserve Bank
End of comment period
Applicantornotificant
Acquiree oractivity
Yaeger, Marion P.,
Trust, Grand Rapids, MI
Litchfield Bancshares
Company, Litchfield, IL &
Litchfield National Bank,
Litchfield, IL
CIBC
St. Louis
September 26,1997
Young, David E.,
Chattanooga, TN
East Ridge
Bancshares, Inc., East
Ridge, TN, and Bank of
East Ridge, East Ridge, TN
CIBC
Atlanta
July 22, 1997
Young, Susan Aileen,
Chicago, IL
C.S.B. Co., Cozad, NE, and
Cozad State Bank & Trust
Company, Cozad, NE, and
First National Bank of
Chadron, Chardron, NE
CIBC
Kansas City
August 5, 1997
Zions Bancorporation,
Salt Lake City, UT
GB Bancorporation, San
Diego, CA & Grossmont
Bank, San Diego, CA;
Rancho Vista National
Bank, Vista, CA & Pacific
Commerce Bank, Chula
Vista, CA
3
San Francisco
September 22, 1997
Zions Bancorporation,
Salt Lake City, LIT
GB Bancorporation, San
Diego, CA, & Grossmont
Bank, San Diego, CA
3
San Francisco
September 15, 1997
Sectionoflaw ReserveBank
End ofcomment period
Addresses for Comments and Information Requests
Addresses for comments differ from those for information requests.
Addresses fo r Comments
Comments on the applications and notices may be sent to the appropriate Federal Reserve Bank or
the Board.
Federal Reserve Bank of Boston
Richard Walker, Community Affairs Officer, 600 Atlantic Avenue, Boston, MA
02106-2204
Federal Reserve Bank of New York
Betsy Buttrill White, Senior Vice President, 33 Liberty Street, New York, NY 10045-0001
Federal Reserve Bank of Philadelphia
Michael E. Collins, Senior Vice President, 100 North 6th Street, Philadelphia,
PA 19105-1521
Federal Reserve Bank of Cleveland
Jeffrey Hirsch, Banking Supervisor, 1455 East Sixth Street, Cleveland, OH
44101-2566
Federal Reserve Bank of Richmond
A. Linwood Gill, III, Assistant Vice President, 701 East Byrd Street, Richmond, VA 23261-4528
Federal Reserve Bank of Atlanta
Lois Berthaume, Vice President, 104 Marietta Street, N.W., Atlanta, GA
30303-2713
Federal Reserve Bank of Chicago
Philip Jackson, Applications Officer, 230 South LaSalle Street, Chicago, IL
60690-1413
Federal Reserve Bank of St. Louis
Randall C. Sumner, Vice President, 411 Locust Street, St. Louis, MO 63102-2034
Federal Reserve Bank of Minneapolis
Karen L. Grandstrand, Vice President, 250 Marquette Avenue, Minneapolis, MN 55480-2171
Federal Reserve Bank of Kansas City
D. Michael Manies, Assistant Vice President, 925 Grand Avenue, Kansas City, MO 64198-0001
Federal Reserve Bank of Dallas
Genie D. Short, Vice President, 2200 North Pearl Street, Dallas, TX 75201-2272
Federal Reserve Bank of San Francisco
Pat Marshall, Manager of Analytical Support, Consumer Regulation Group, 101 Market Street, San
Francisco, CA 94105-1579
Board of Governors of the Federal Reserve System
William W. Wiles, Secretary, 20th & Constitution Avenue, N.W., Washington, DC 20551-0001
Information Requests
The public portions of the applications and notices currently listed in this release are available on an
expedited basis from the appropriate Federal Reserve Bank. The public portion of the application also
may be obtained from the Board.
Federal Reserve Bank of Boston
Jonathan Fine (TEL: 617-973-3339; FAX: 617-973-3219)
Federal Reserve Bank of New York
Margaret Carmody (TEL: 212-720-7924; FAX: 212-720 -6628)
Federal Reserve Bank of Philadelphia
Rosanna Crosier (TEL: 215-574-6581; FAX: 215-574-4146)
Federal Reserve Bank of Cleveland
Jim Terlop (TEL: 216-579-2197; FAX: 216-579-2932)
Federal Reserve Bank of Richmond
Gaile Clark (TEL: 804-697-8825; FAX: 804-697-8283)
Federal Reserve Bank of Atlanta
Wayne Smith (TEL: 404-589-7265; FAX: 404-589-7342)
Federal Reserve Bank of Chicago
Frank Skweres (TEL: 312-322-4785; FAX: 312-322-5894)
Federal Reserve Bank of St. Louis
Cathie Windsor (TEL: 314-444-4638; FAX: 314-444-8740)
Federal Reserve Bank of Minneapolis
Paula Charles (TEL: 612-372-2982; FAX: 612-344-2702)
Federal Reserve Bank of Kansas City
Patty Biesemeyer (TEL: 816-881-2464; FAX: 816-881-2252)
Federal Reserve Bank of Dallas
Rob Jolley (TEL: 214-922-6071; FAX: 214-922-6302)
Federal Reserve Bank of San Francisco
Michael Johnson (TEL: 415-974-2995; FAX: 415-974-3031)
Board of Governors of the Federal Reserve System
Freedom of Information Office (TEL: 202-452-3684; FAX: 202-872-7562, and 202-872-7565)
H.2A
Notice ofFormations and Mergers of,and Acquisitions by,Bank Holding
Companies; Change inBank Control
Notices Filed since the H.2A dated October 3,1997
The following companies and individuals seek System approval to acquire a bank holding company,
a bank, or a nonbanking company in a transaction that is subject to the Bank Holding Company Act o f
1956 (12 U.S.C. 1841 et seq.), the Change in Bank Control Act (12 U.S.C.1817(j)), Regulation Y (12
CFR Part 225), or other applicable statutes and regulations. Comments regarding the applications and
notices must be received in writing at the Reserve Bank indicated, or at the Board o f Governors, no
later than the end o f the public comment period. Addresses for the Board and Federal Reserve Banks
are listed at the end o f this release.
The public portions o f the applications and notices, as well as other related filings required by the
Board, may be obtained on an expedited basis by contacting the appropriate Federal Reserve Bank;
addresses are listed at the end of this release. Applications and notices also may be obtained from the
Board.
Applicant or notificant
Acquiree or activity
Bennett, James(l),
Billings, MT; First
PREMIER Bank as
Custodian/FBO Emil
Erhardt IRA,
Stevensville, MT;
Donald Bennett,
Columbia Falls, MT;
Steven Tostenrud,
Billings, MT; Alex Zier,
Lewistown, MT;
William Thomdal,
Laurel, MT;
CONTINUED
Citizens Development Co.,
Billings, MT, & First
Security Bank of Laurel,
Laurel, MT; First Citizens
Bank of Billings, Billings,
MT; Citizens State Bank,
Hamilton, MT; First
Citizens Bank, N.A.,
Columbia Falls, MT: First
National Bank
CONTINUED
Section of law
CIBC
Reserve Bank
Minneapolis
End of comment period
October 23, 1997
Applicantornotificant
Acquireeoractivity
Bennett, James(2),
Billings, MT; Robert
Sizemore, Chinook,
MT; Wiliam Curley,
Oyenette, WI; Jon
Sustarich, Cambridge,
WI; Kenneth Baker,
Osceola, IA; Gregory
Bormann, Stickney, SD;
Duncan Flann, Iroquois,
SD; Ronald Homischer,
Merrill, WI;
CONTINUED
of Lewistown, Lewistown,
MT & Western Bank of
Chinook, N.A., Chinook,
MT
CIBC
Minneapolis
October 23, 1997
Bennett, James(4),
Billings, MT; D.A.
Davidson & Co., as
custodian/FBO William
Thomdal IRA, Laurel,
MT; and James
Bennett, et al
CONTINUED
United Bancorporation,
Billings, MT & Bank of
Poynette, Poynette, WI;
Cambridge State bank,
Cambridge, WI; Clarke
County State Bank,
Osceola, IA; Farmers State
Bank, Stickney, SD;
Fanners & Merchants State
Bank, Iroquois, SD;
CONTINUED
CIBC
Minneapolis
October 23, 1997
Bennett, James(5),
Billings, MT
CONTINUED
Lincoln County Bank,
Merrill, WI & United Bank,
Osseo, WI
CIBC
Minneapolis
October 23,1997
Citizens Bancshares
Company, Chillicothe,
MO
Trenton Trust Bancshares,
Inc., Trenton, MO &
Trenton Trust Company,
Trenton, MO
3
Kansas City
November 7,1997
City National
Corporation, Beverly
Hills, CA
Harbor Bancorp, Long
Beach, CA & Harbor Bank,
Long Beach, CA
3
San Francisco
November 7,1997
Douglas, Ronald B.,
Medina, WA
Washington Commercial
Bancorp, Redmond, WA &
Redmond National Bank,
Redmond, WA
CIBC
San Francisco
October 29,1997
First National Bancorp,
Inc., Green Forest, AR
First National Bank of
Green Forest, Green Forest,
AR
3
St. Louis
November 3,1997
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotificant
Acquiree oractivity
First National Security
Company, DeQueen, AR
First Financial Corporation
ofldabel, Idabel,OK&
First State Bank ofldabel,
Idabel, OK
3
St. Louis
November 7,1997
Midland First Financial
Corporation, Lee's
Summit, MO
Midland Bank, Lee's
Summit, MO
3
Kansas City
November 3,1997
Roscoe Community
Bankshares, Inc.,
Roscoe, SD
Roscoe Financial Services,
Inc., Roscoe, SD & First
State Bank of Roscoe,
Roscoe, SD
3
Minneapolis
October 28,1997
Smith Mustang Ltd.,
Rio Vista, TX; Lowell
Smith, Jr., General
Partner
Mustang Financial
Corporation, Rio Vista,
TX, & First State Bank of
Rio Vista, Rio Vista, TX
CIBC
Dallas
October 28,1997
Sparta Union
Bancshares, Inc., Sparta,
WI
Union National Bank &
Trust Company, Sparta, WI
3
Chicago
November 3, 1997
Trust No. 3 Under Will
of Charles Henderson,
Troy, AL
Pea River Capital
Corporation, Elba, AL, &
The Peoples Bank of Coffee
County, Elba, AL
3
Atlanta
November 3,1997
U.S. Bancorp(2),
Minneapolis, MN
CONTINUED
arranging commercial real
estate equity financing,
asset manamange servicing
& collection activities, &
acquiring debt in default
(b)(2)(H), (vi), & (vii);
leasing personal or real
property (b)(3); financial &
investment advisory (b)(6);
CONTINUED
4
Minneapolis
October 29, 1997
U.S. Bancorp(3),
Minneapolis, MN
CONTINUED
agency transactional
services for customer
investments (b)(7);
investment transactions as
principal (b)(8);
management consulting &
counseling (b)(9);(i)(AXl)
and (2); & insurance agency
activities (b)(l l)(vii)
4
Minneapolis
October 29,1997
Sectionoflaw ReserveBank
End ofcomment period
Applicant or notificant
Acquiree or activity
US Bancorp(l),
Minneapolis, MN
CONTINUED
U.S. Bancorp Investment,
Inc., Minneapolis, MN, in
underwriting & dealing in
commercial paper,
municipal revenue bons,
mortgage-backed securities,
& consumer-receivablerelated securities; in
extending credit &
servicing loans (bXl);
CONTINUED
Section of law
4
Reserve Bank
Minneapolis
End of comment period
October 29, 1997
Addresses for Comments and Information Requests
Addresses for comments differ from those for information requests.
Addresses fo r Comments
Comments on the applications and notices may be sent to the appropriate Federal Reserve Bank or
the Board.
Federal Reserve Bank of Boston
Richard Walker, Community Affairs Officer, 600 Atlantic Avenue, Boston, MA
02106-2204
Federal Reserve Bank of New York
Betsy Buttrill White, Senior Vice President, 33 Liberty Street, New York, NY 10045-0001
Federal Reserve Bank of Philadelphia
Michael E. Collins, Senior Vice President, 100 North 6th Street, Philadelphia,
PA 19105-1521
Federal Reserve Bank of Cleveland
Jeffrey Hirsch, Banking Supervisor, 1455 East Sixth Street, Cleveland, OH
44101-2566
Federal Reserve Bank of Richmond
A. Linwood Gill, III, Assistant Vice President, 701 East Byrd Street, Richmond, VA 23261-4528
Federal Reserve Bank of Atlanta
Lois Berthaume, Vice President, 104 Marietta Street, N.W., Atlanta, GA
30303-2713
Federal Reserve Bank of Chicago
Philip Jackson, Applications Officer, 230 South LaSalle Street, Chicago, IL
60690-1413
Federal Reserve Bank of S t Louis
Randall C. Sumner, Vice President, 411 Locust Street, St. Louis, MO 63102-2034
Federal Reserve Bank of Minneapolis
Karen L. Grandstrand, Vice President, 250 Marquette Avenue, Minneapolis, MN 55480-2171
Federal Reserve Bank of Kansas City
D. Michael Manies, Assistant Vice President, 925 Grand Avenue, Kansas City, MO 64198-0001
Federal Reserve Bank of Dallas
Genie D. Short, Vice President, 2200 North Pearl Street, Dallas, TX 75201-2272
Federal Reserve Bank of San Francisco
Pat Marshall, Manager of Analytical Support, Consumer Regulation Group, 101 Market Street, San
Francisco, CA 94105-1579
Board of Governors of the Federal Reserve System
William W. Wiles, Secretary, 20th & Constitution Avenue, N.W., Washington, DC 20551-0001
Information Requests
The public portions of the applications and notices currently listed in this release are available on an
expedited basis from the appropriate Federal Reserve Bank. The public portion o f the application also
may be obtained from the Board.
Federal Reserve Bank of Boston
Jonathan Fine (TEL: 617-973-3339; FAX: 617-973-3219)
Federal Reserve Bank of New York
Margaret Carmody (TEL: 212-720-7924; FAX: 212-720 -6628)
Federal Reserve Bank of Philadelphia
Rosanna Crosier (TEL: 215-574-6581; FAX: 215-574-4146)
Federal Reserve Bank of Cleveland
Jim Terlop (TEL: 216-579-2197; FAX: 216-579-2932)
Federal Reserve Bank of Richmond
Gaile Clark (TEL: 804-697-8825; FAX: 804-697-8283)
Federal Reserve Bank of Atlanta
Wayne Smith (TEL: 404-589-7265; FAX: 404-589-7342)
Federal Reserve Bank of Chicago
Frank Skweres (TEL: 312-322-4785; FAX: 312-322-5894)
Federal Reserve Bank of St. Louis
Cathie Windsor (TEL: 314-444-4638; FAX: 314-444-8740)
Federal Reserve Bank of Minneapolis
Paula Charles (TEL: 612-372-2982; FAX: 612-344-2702)
Federal Reserve Bank of Kansas City
Patty Biesemeyer (TEL: 816-881-2464; FAX: 816-881-2252)
Federal Reserve Bank of Dallas
Rob Jolley (TEL: 214-922-6071; FAX: 214-922-6302)
Federal Reserve Bank of San Francisco
Michael Johnson (TEL: 415-974-2995; FAX: 415-974-3031)
Board of Governors of the Federal Reserve System
Freedom of Information Office (TEL: 202-452-3684; FAX: 202-872-7562, and 202-872-7565)
@FedFRASER