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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1993, No. 37
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending September 11, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

TESTIMONY AND STATEMENTS
Small Business Loan Securitization and Secondary
Market Enhancement Act (S.384) -- statement by
Governor LaWare before the Senate Committee on
Banking, Housing, and Urban Affairs, September 9,
1993.
Published, September 7, 1993.
BANK BRANCHES. DOMESTIC
Barnett Bank of Naples, Naples, Florida --t o
establish a branch at 50 Bald Eagle Drive, Marco
Island, Florida.
Approved, September 7, 1993.
BANK HOLDING COMPANIES
Credit Commercial de France S.A., Paris, France, and
Berliner Handel- und Frankfurter Bank, Frankfurt,
Germany -- exemption to acquire Charterhouse North
America, Inc., and its subsidiaries in connection
with application to acquire Charterhouse pic,
London, England.
Granted, September 7, 1993.
NationsBank Corporation, Charlotte, North Carolina
request for reconsideration of Boardvs approval of
application to acquire MNC Financial, Inc.,
Baltimore, Maryland.
Denied, September 10, 1993.
Norwest Corporation, Minneapolis, Minnesota - - t o
acquire Ralston Bancshares, Inc., Omaha, Nebraska.
Approved, September 7, 1993.
BOARD OPERATIONS
Budget -- mid-year adjustments.
Approved, September 7, 1993.
ENFORCEMENT




Britton Bancshares, Inc., Ellsworth, Kansas -written agreement dated August 23, 1993, with the
Federal Reserve Bank of Kansas City.
Announced, September 8, 1993.

H.2
SEPTEMBER 7, 1993
PAGE 2

TO

SEPTEMBER 10, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

ENFORCEMENT
Citizens State Bank and Trust Company, Ellsworth,
Kansas -- written agreement dated August 23, 1993,
with the Federal Reserve Bank of Kansas City and
the State Bank Commissioner of the State of Kansas.
Announced, September 8, 1993.
Southeast Capital Corporation, Idabel, Oklahoma, and
Southeast Capital Corporation Employee Stock
Ownership Plan -- written agreement dated April 5,
1993, with the Federal Reserve Bank of Kansas City.
Announced, September 8, 1993.
Trustcorp, Inc., Toledo, Ohio, and Trustcorp Bank,
Ohio -- issuance of a Consent Order against George
W. Haigh, the former chairman of the board of
directors.
Announced, September 9, 1993.
REGULATIONS AND POLICIES




Profitability of Credit Card Plans -- Annual Report
to the Congress.
Approved, September 9, 1993.

H. 2
SEPTEMBER 7, 1993
PAGE 3

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SEPTEMBER 10, 1993

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

Comerica Bank, Detroit, Michigan --t o establish a
branch at 15101 Ford Road, Dearborn, Michigan.
Approved, September 10, 1993.

Atlanta

Prime Bank, Boynton Beach, Florida -- to establish a
branch at 6651 Lake Worth Road, Lake Worth,
Florida.
Approved, September 7, 1993.

BANK HOLDING COMPANIES




Dallas

A.N.B. Holding Company, Ltd., Terrell, Texas - - t o
acquire American National Bank of Terrell.
Approved, September 10, 1993.

San Francisco

California Bancshares, Inc., Alameda, California
to acquire Amador Valley Savings and Loan
Association, Pleasanton, California.
Approved, September 10, 1993.

Cleveland

Cardinal Bankshares, Inc., Lexington, Kentucky - - t o
acquire Mutual Federal Savings Bank, Somerset,
Kentucky.
Approved, September 7, 1993.

Richmond

CCB Financial Corporation, Durham, North Carolina
to acquire Central Carolina Savings Bank, Inc.,
Lenoir, North Carolina.
Approved, September 10, 1993.

Director, BS&R

CCFNB Bancorp, Inc., Bloomsburg, Pennsylvania -transfer agent registration.
Approved, September 9, 1993.

St. Louis

CNB Bancshares, Inc., Evansville, Indiana -- to
engage de novo through Citizens Life Assurance
Company, Phoenix, Arizona, in reinsuring the
repayment of the outstanding balances due on
extensions of credit made by CNB Bancshares*
subsidiary banks.
Permitted, September 10, 1993.

H.2
SEPTEMBER 7, 1993
PAGE 4

TO

SEPTEMBER 10, 1993

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

BANK HOLDING COMPANIES




Director, BS&R

Comm. Bancorp, Inc., Forest City, Pennsylvania -transfer agent registration.
Approved, September 9, 1993.

San Francisco

Continental Bancorporation, Las Vegas, Nevada - - t o
continue to engage in data processing activities
through CNB Services, Inc.
Approved, September 9, 1993.

Chicago

F & M Bancorporation, Inc., Kaukauna, Wisconsin -- to
acquire First National Financial Corporation,
Oconto, Wisconsin, and First National Bank of
Wisconsin.
Returned, September 8, 1993.

Chicago

F & M Merger Corporation, Inc., Kaukauna, Wisconsin - to acquire First National Financial Corporation,
Oconto, Wisconsin, and First National Bank of
Wisconsin.
Returned, September 8, 1993.

Cleveland

F.N.B. Corporation, Hermitage, Pennsylvania - -to
acquire The Metropolitan Savings Bank of
Youngstown, Youngstown, Ohio.
Approved, September 10, 1993.

Kansas City

First National of Nebraska, Inc., Omaha, Nebraska -to acquire First National Bank, Norfolk, Norfolk,
Nebraska.
Approved, September 8, 1993.

GC

First Texas Bancorp, Inc., Georgetown, Texas -determination that sale of real estate parcels by
subsidiaries constitutes divestiture.
Granted, September 7, 1993.

Atlanta

Golden Isles Financial Holdings, Inc., Brunswick,
Georgia --t o engage de novo in mortgage lending
activities through First Bank Mortgage Corporation.
Permitted, September 8, 1993.

H.2
SEPTEMBER 7, 1993
PAGE 5

TO

SEPTEMBER 10, 1993

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

BANK HOLDING COMPANIES




Atlanta

Golden Isles Financial Holdings, Inc., Brunswick,
Georgia - - t o engage de novo in insurance and
consumer finance activities through First Credit
Corporation.
Permitted, September 8, 1993.

St. Louis

Magna Group, Inc., St. Louis, Missouri -- to acquire
Mega Bancshares, Inc., St. Ann, Missouri.
Approved, September 8, 1993.

Chicago

National Bank of Indianapolis Corporation,
Indianapolis, Indiana -- to acquire The National
Bank of Indianapolis.
Approved, September 10, 1993.

Philadelphia

National Penn Bancshares, Inc., Boyertown,
Pennsylvania - - t o acquire Chestnut Hill National
Bank, Philadelphia, Pennsylvania.
Approved, September 10, 1993.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota -- to
acquire St. Cloud National Bank & Trust Co., and
the bank’s discount brokerage operations.
Approved, September 8, 1993.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota --to
acquire First American Bank, National Association,
Colorado Springs, Colorado.
Approved, September 8, 1993.

Director, BS&R

Penns Woods Bancorp, Inc., Williamsport, Pennsylvania
-- transfer agent registration.
Approved, September 9, 1993.

San Francisco

Pioneer Bancorporation, Reno, Nevada -- to acquire
Pioneer Citizens Bank of Nevada.
Approved, September 9, 1993.

H.2
SEPTEMBER 7, 1993
PAGE 6

TO

SEPTEMBER 10, 1993

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

BANK PREMISES
San Francisco

Bank of Ephraim, Ephraim, Utah -- investment in bank
premises.
Approved, September 7, 1993.

St. Louis

City Bank and Trust Company of Moberly, Moberly,
Missouri -- investment in bank premises.
Approved, September 7, 1993.

Chicago

DeMotte State Bank, DeMotte, Indiana -- investment in
bank premises.
Approved, September 8, 1993.

Chicago

Eastern Michigan Bank, Croswell, Michigan -investment in bank premises.
Approved, September 8, 1993.

St. Louis

First State Bank of St. Robert, Waynesville, Missouri
-- investment in bank premises.
Approved, September 7, 1993.

Richmond

St. Michaels Bank, St. Michaels, Maryland -investment in bank premises.
Approved, September 9, 1993.

BANKS. STATE MEMBER
Director, BS&R

Piedmont Trust Bank, Martinsville, Virginia
transfer agent registration.
Withdrawn, September 10, 1993.

CHANGE IN BANK CONTROL




Dallas

Brownwood Bancshares, Inc., Brownwood, Texas -change in bank control.
Permitted, September 10, 1993.

Dallas

Lakeside Bancshares, Inc., Rockwall, Texas -- change
in bank control.
Permitted, September 10, 1993.

St. Louis

NBC Bank Corp, El Dorado, Arkansas -- change in bank
control.
Permitted, September 9, 1993.

H.2
SEPTEMBER 7, 1993
PAGE 7

TO

SEPTEMBER 10, 1993

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

CHANGE IN BANK CONTROL
Dallas

■
Roscoe Financial Corporation, Roscoe, Texas -- change
in bank control.
Permitted, September 10, 1993.

COMPETITIVE FACTORS REPORTS




San Francisco

Bank of America, FSB, Portland, Oregon, proposed
purchase of certain trust assets and assumption of
certain trust liabilities of various affiliated
bank subsidiaries of BankAmerica Corporation, San
Francisco, California -- report on competitive
factors.
Submitted, September 7, 1993.

Minneapolis

Bank of Stephenson, Stephenson, Michigan, proposed
merger with New Bank of Stephenson -- report on
competitive factors.
Submitted, September 8, 1993.

San Francisco

California Federal Bank, A Federal Savings Bank, Los
Angeles, California, proposed purchase of certain
assets and assumption of certain liabilities of
Universal Bank, A Federal Savings Bank, Los
Angeles, California -- report on competitive
factors.
Submitted, September 7, 1993.

Atlanta

First American Bank, N.A., Atlanta, Georgia, proposed
merger with First Union National Bank of Georgia -report on competitive factors.
Submitted, September 10, 1993.

Cleveland

First Federal Savings and Loan Association, Wooster,
Ohio, proposed purchase of the Ontario, Ohio,
branch of Citizens Federal Bank, F.S.B., Fort
Lauderdale, Florida -- report on competitive
factors.
Submitted, September 10, 1993.

H.2
SEPTEMBER 7, 1993
PAGE 8

TO

SEPTEMBER 10, 1993

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

COMPETITIVE FACTORS REPORTS
New York

Midlantic National Bank, Newark, New Jersey, proposed
purchase of certain assets and assumption of
certain liabilities of Midlantic National Bank and
Trust Company / Florida, West Palm Beach, Florida - report on competitive factors.
Submitted, September 10, 1993.

Richmond

Patrick Henry National Bank, Bassett, Virginia,
proposed purchase of certain assets and assumption
of certain liabilities of Dominion Bank, N.A.,
Roanoke, Virginia -- report on competitive factors.
Submitted, September 9, 1993.

Chicago

Standard Federal Bank, Troy, Michigan, proposed
merger with Heritage Bankcorp, Inc., Taylor,
Michigan -- report on competitive factors.
Submitted, September 10, 1993.

Cleveland

United Federal Savings Bank, State College,
Pennsylvania, proposed merger with PNC Bank, N.A.,
Pittsburgh, Pennsylvania -- report on competitive
factors.
Submitted, September 9, 1993.

EXTENSIONS OF TIME




Richmond

First American Bank of Maryland, Silver Spring,
Maryland, proposed merger with First Union National
Bank of Maryland, Rockville, Maryland -- report on
competitive factors.
Granted, September 10, 1993.

San Francisco

First Security Corporation, Salt Lake City, Utah
extension to divest certain property.
Granted, September 8, 1993.

Atlanta

Gulf Coast Bank Holding Company, Inc., New Orleans,
Louisiana -- extension to December 8, 1993, to
acquire Gulf Coast Bank & Trust Company.
Granted, September 8, 1993.

H.2
SEPTEMBER 7, 1993
PAGE 9

TO

SEPTEMBER 10, 1993

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

EXTENSIONS OF TIME
Richmond

United Carolina Bancshares Corporation, Whiteville,
North Carolina -- extension to December 10, 1993,
for United Carolina Bank to merge with Home Federal
Savings Bank of Eastern North Carolina, Greenville,
North Carolina
Granted, September 10, 1993.

San Francisco

U.S. Bancorp, Portland, Oregon -- extension to divest
certain property.
Granted, September 8, 1993.

INTERNATIONAL OPERATIONS
Director, BS&R

Citibank Overseas Investment Corporation, New Castle,
Delaware -- investment in International Finance
Associates Madeira S.A., Madeira, Portugal, and for
Madeira to acquire shares of Citibank Portugal
S.A., Lisbon, Portugal.
Permitted, September 10, 1993.

Chicago

Old Kent Bank of Gaylord, Gaylord, Michigan membership in the Federal Reserve System.
Withdrawn, September 9, 1993.

Chicago

Old Kent Bank of Petoskey, Petoskey, Michigan
membership in the Federal Reserve System.
Withdrawn, September 9, 1993.

MEMBERSHIP

RESERVE BANK OPERATIONS




Director, FRBO

Federal Reserve Bank of Minneapolis - - t o purchase
equipment for check processing operation.
Approved, September 8, 1993.

H.2
SEPTEMBER 7, 1993
PAGE 10

TO

SEPTEMBER 10, 1993

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

RESERVE BANK SERVICES




Director, FRBO

Federal Reserve Bank of Richmond - - t o implement
basic and alternate presentment point services on
October 15, 1993.
Approved, September 10, 1993.

H.2
SEPTEMBER 7, 1993
PAGE 11

ADDITIONS AND CORRECTIONS
TO

SEPTEMBER 10, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

REGULATIONS AND POLICIES
Capital adequacy -- revisions to risk-based
guidelines to implement section 305 of the Federal
Deposit Insurance Corporation Improvement Act
concerning interest rate risk (Docket R-0802).
Proposed, March 31, 1993.

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

CHANGE IN BANK CONTROL
New York

Hampton Bancshares, Inc., Southampton, New York -change in bank control.
Returned, September 2, 1993.

COMPETITIVE FACTORS REPORTS




Kansas City

BANK IV Oklahoma, National Association, Tulsa,
Oklahoma, proposed merger with Western National
Bank of Tulsa -- report on competitive factors.
Submitted, September 3, 1993.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Application

Comment Period Ending Date
NONE

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Comment Period Ending Date

Application

NONE

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY

NONE

SECTION IV - APPLICATIONS NOT SUBJECT TO
FEDERAL REGISTER OR NEWSPAPER NOTICE
Application

NONE

♦Subject to CRA




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
♦Rating Definitions : "0" - Outstanding; "S" - Satisfactory; "N" Needs to Improve; "SN" - Substantial Noncompliance.
Examination Date

Institution




NONE

RqHno*

Federal Reserve Bank of New York

Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
__________ Notice Only__________
None.
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
Corporacion Bancaria de Espana, S.A., Madrid,
Spain, to become a bank holding company in
connection with its acquisition of 69.2 percent
of the shares Banco Exterior de Espana, S.A., Madrid,
Spain, a bank holding company with respect to Extebank,
Stony Brook, New York.l/

9/24/932/

Fonds de Participation des Industries Agro-Alimentaires,
Fonds de Participation Chimie, Petrochimie, Pharmacie,
Fonds de Participation Industries Diverses, and Fonds de
Participation Services, all of Algiers, Algeria (collectively,
the "Applicants"), to become bank holding companies through
Applicants' control of the voting shares of Credit Populaire
d'Algerie, Algiers, Algeria which itself previously has
applied for prior approval of the Board to acquire 44.06
percent of the voting shares of Arab American Bank,
9/24/932/
New York, New York.l/
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
KeyCorp, Albany, New York, and Key Bancshares of Alaska,
Anchorage, Alaska to acquire 100 percent of the voting
shares of Jackson County Federal Bank, FSB, Medford,
Oregon, which will be merged with and into KeyBank
of Oregon.

N/A

MSB Bancorp, Inc., Goshen, New York, ("Bancorp") to
engage through, MSB Financial Services, Inc., a
wholly-owned subsidiary of Middletown Savings Bank,
Middletown, New York ("Bank"), itself a subsidiary of
Bancorp, in general insurance agency activities at the
full service branch office of Bank in Chester, New York,
a town with a population of less than 5,000 persons
based on the last decennial census.

N/A




SECTION IV
Applications Not Involving
______Public Comment______
None.

SECTION V
Availability of CRA Public Evaluations
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following group:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record
of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record
of ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate- income neighbor­
hoods, in a manner consistent with its resources and capabilities.

Week Ending September 11. 1993
NAME OF BANK
None.




RATING

EXAMINATION DATE

1/
2/
3/
4/

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




FEDERAL RESERVE BANK OF PHILADELPHIA
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Comment Period Ending Date
First Fidelity Bancorporation. Lawrenceville, NJ requests an exemption from the
prohibition on conversion transactions in connection with its proposed acquisition of
Greenwich Financial Corporation and its subsidiary, Greenwich Federal Savings and Loan
Association, both of Greenwich, Connecticut, pursuant to Section 5(d)(3) of the FDI
Act.
Newspaper comment period expires:
10/11/93

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE
CoreStates Financial Corp., Philadelphia, PA, to merge with Inter Community Bancorp,
Springfield, NJ, pursuant to Section 3(a)(5) of the Bank Holding Company Act. (Promptly
after consumation of the proposal, Inter Community Bank will be merged with and into
New Jersey National Bank, Ewing Township, NJ, for approval of which an application will
be filed with the OCC, pursuant to Section 18(c) of the FDI Act.)
Newspaper comment period expires:
Federal Register comment period expires:

9/25/93
10/1/93

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
First Fidelity Bancorporation, Lawrenceville, NJ requests approval to acquire 100% of
Greenwich Financial Corporation, Greenwich, Connecticut, pursuant to Section 4(c)(8)
of the BHC Act.
Fed. Register comment period expires:

N/A

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

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




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 September 10, 1993
Identification of Ratings
In connection with the assessment of each insured depository
performance, a rating is assigned from the following groups:

institution's

CRA

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
None.




Examination Date

CRA Rating

Federal Reserve Bank of Cleveland
Applications Bulletin
For Week Ending September 11, 1993

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY

Received prior notice Premier Bank & Trust,
Elyria, Ohio, on August 23, 1993, of its
intent to establish two (2) CBCT branch
facilities at 149 Midway Blvd., Elyria, Ohio,
and 7735 State Route #37 and Interstate 71,
Sunbury, Ohio.

* Not Yet Known #

Received application from Fayette Bank and
* September 16, 1993
Trust Company, Uniontown, Pennsylvania, on
August 17, 1993, to acquire through merger
FirstSouth Savings Bank, Pittsburgh, Pennsylvania.

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Received Section 3(a) (1) application from
* F: October 8, 1993
Hocking Valley Bancshares, Inc., Athens,
Ohio, on September 7, 1993, to acquire The
Hocking Valley Bank of Athens County, Athens,
Ohio.
Received Section 3(a) (3) application from
*F: September 24, 1993
PNC Bank Corp. Pittsburgh, Pennsylvania,
,
on August 25, 1993, to acquire PNC Mortgage
Bank, N.A., Pittsburgh, Pennsylvania.
Received Section 3( a ) (3) application from
* F: October 1, 1993
Snyder Holding Corporation and F&A Financial
Company, both of Kittanning, Pennsylvania, on
August 30, 1993, to acquire an additional 350
shares or up to 45.5 percent of the
outstanding stock of The Farmers National
Bank of Kittanning, Kittanning, Pennsylvania.

*
N
F
#

-

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




Applications Bulletin
For Week Ending September 11, 1993
Continued

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY

Received Section 4( c ) (8) application from
* September 24, 1993
PNC Bank Corp. Pittsburgh, Pennsylvania, on
,
August 25, 1993, to acquire Sears Savings
Bank, Glendale, California.
Received notice from Banc One Corporation,
September 20, 1993
Columbus, Ohio, on August 23, 1993, of its
intent to expand the activities conducted by
Banc One Capital Corporation to include
financial and investment advisory services
pursuant to Section 225.25(b)(4) of Regulation Y.
Received Section 4( c ) (8) notice from First
Citizens Banc Corp, Sandusky, Ohio, on
August 23, 1993, of its intent to engage in
real estate appraisal services through R.A.
Reynolds Appraisal Service, Inc.

September 20, 1993

Received Section 4( c ) (8) application from
* October 4, 1993
Huntington Bancshares Incorporated and
Huntington Bancshares ndiana, Inc., both of
Columbus, Ohio, on September 2, 1993, to acquire
Huntington Federal Savings Bank of Illinois,
Chicago, Illinois.
Received Section 4( c ) (8) application from
Fifth Third Bancorp, Cincinnati, Ohio, on
September 2, 1993, to acquire The Tristate
Bancorp, Cincinnati, Ohio.

* October 5, 1993

Received notice from PNC Bank Corp,
September 28, 1993
Pittsburgh, Pennsylvania, to engage de novo
in permissible investment advisory activities
pursuant to Section 225.25(b)(4)(iv) of
Regulation Y through its subsidiary PNC
Securities Corp.

*
N
F
#

-

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




SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE




NONE

AVAILABILITY OF CRA PUBLIC EVALUATIONS
(September 10, 1993)
The following state member banks have been examined by the
Federal Reserve Bank of Cleveland for compliance with The Community
Reinvestment Act.
A public evaluation document became available
from the bank(s) listed below during the week ended September 10,
1993.
If you are interested in obtaining a copy of an evaluation
document, please contact the bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING:
a bank in this group has an outstanding record
of, and is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
SATISFACTORY: a bank in this group has a satisfactory record
of ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
NEEDS TO IMPROVE:
a bank 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 NON COMPLIANCE:
a bank in this group has a
substantially deficient record of ascertaining and helping to meet
the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
The Provident Bank
Main Street and Route 27
Alexandria, Kentcuky 41001
(606) 635-2144
Rating:
Satisfactory
Exam Date: May 24, 1993
The New Waterford Bank
3761 Silliman Street
New Waterford, Ohio 44445
(216) 457-2331
Rating:
Satisfactory
Exam Date:
June 1, 1993




Federal Reserve Bank of Richmond

S e c t io n I - A p p l i c a t i o n s S u b je c t t o N e w s p a p e r
N o t ic e O n ly
A p p lic a tio n

C o m m e n t P e r io d E n d in g D a te

None.
S e c t io n I I - A p p l i c a t i o n s S u b je c t t o B o t h
N e w s p a p e r a n d F e d e r a l R e g i s t e r N o t ic e
A p p lic a tio n

C o m m e n t P e r io d E n d in g D a te

N one.
S e c tio n I I I
A p p lic a tio n

- A p p l i c a t i o n s S u b je c t t o F e d e r a l R e g i s t e r N o t i c e
C o m m e n t P e r io d E n d in g D a te

None.
S e c t io n IV - A p p l i c a t i o n N o t S u b je c t t o
F e d e r a l R e g i s t e r N o t ic e o r N e w s p a p e r N o t i c e
None.




Federal Reserve Bank of Richmond

A v a i l a b i l i t y o f CRA P u b l i c E v a l u a t i o n s
W e e k e n d in g S e p te m b e r 1 0 , 1 9 9 3
D e f i n i t i o n o f R a t in g s
Outstanding record of meeting community credit needs.

A n i n s t i t u t i o n i n t h i s g ro u p h a s a n o u t s t a n d in g r e c o r d o f , a n d is a le a d e r
in , a s c e r t a in in g a n d h e lp in g to m e e t th e c r e d it n e e d s o f i t s e n t ir e
d e l i n e a t e d c o m m u n ity , i n c l u d i n g lo w - a n d m o d e r a t e - in c o m e n e ig h b o r h o o d s ,
in a m a n n e r c o n s is te n t w it h i t s re s o u rc e s a n d c a p a b ilit ie s .
Satisfactory record of meeting community credit needs.

A n i n s t i t u t i o n in t h is g ro u p h a s a s a t is f a c t o r y r e c o r d o f a s c e r ta in in g a n d
h e l p i n g t o m e e t t h e c r e d i t n e e d s o f i t s e n t i r e d e l i n e a t e d c o m m u n it y ,
i n c l u d i n g lo w - a n d m o d e r a te - in c o m e n e ig h b o r h o o d s , i n a m a n n e r c o n s i s t e n t
w ith i t s re s o u rc e s and c a p a b ilit ie s .
Needs to improve record of meeting community credit needs.

An in s t it u t io n in th
t a in in g a n d h e lp in g
c o m m u n ity , i n c l u d i n g
c o n s is te n t w it h i t s

i s g r o u p n e e d s t o im p r o v e i t s o v e r a l l r e c o r d o f a s c e r ­
to m e e t th e c r e d it n e e d s o f i t s e n t ir e d e lin e a te d
lo w - a n d m o d e r a t e - in c o m e n e ig h b o r h o o d s , i n a m a n n e r
re s o u rc e s and c a p a b ilitie s .

Substantial noncompliance in meeting community credit needs.

An in s t it u t io n in t h
t a in in g a n d h e lp in g
c o m m u n ity , i n c l u d i n g
c o n s is te n t w it h i t s

is g ro u p h a s a s u b s t a n t ia lly d e f ic ie n t r e c o rd o f a s c e r ­
to m e e t th e c r e d it n e e d s o f i t s e n t ir e d e lin e a te d
lo w - a n d m o d e r a t e - in c o m e n e ig h b o r h o o d s , i n a m a n n e r
re s o u rc e s and c a p a b ilitie s .
E x a m in a t io n
D a te

R a tin g

T he S ta te B a n k o f th e A lle g h e n ie s
P. 0 . D ra w e r 860
C o v in g t o n , V i r g i n i a
24426

6-28-93

S a tis f a c to r y

T h e P le a s a n t s C o u n ty B a n k
323 S eco nd S tr e e t
S t. M a ry s , W e st V ir g in ia
26170

6-29-93

S a tis f a c to r y




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending September 10. 1993
Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

None.
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice

Application

Comment Period Ending Date

AmSouth Bancorporation
Birmingham, Alabama
To merge with Parkway Bancorp, Inc.,
Fort Myers, Florida, and thereby
directly acquire Parkway Bank, Fort
Myers, Florida, pursuant to Section
3( a ) (5) of the Bank Holding Company Act.

Section 3 - Applications Subject

Application

Not yet available*

to Federal Register Only

Comment Period Ending Date

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

Application
None.

♦Subject to provisions of the Community Reinvestment Act.



Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending September 10. 1993
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 s
An
institution has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs:
An
institution has a satisfactory record of ascertaining and helping
to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs:
An
institution needs to improve its overall record of ascertaining and
helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs:
An
institution has a substantially deficient record of ascertaining
and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Examination
Bank
West Coast Bank
Post Office Box 25869
Sarasota, Florida 34277
(813)378-4400
Merchant Bank of Florida
Post Office Box 1970
Brandon, Florida 33509
(813)685-7030
First Western Bank
5854 South Flamingo Road
Cooper City, Florida 33330
(305)448-6888



Rating
Outstanding

Date
06-07-93

Needs to Improve

05-17-93

Satisfactory

05-24-93

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

Type

Application

Branch

Comerica Bank
Detroit, Mi chigan
15101 Ford Road
Dearborn, Michigan*

N

Oakar

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

N - 9-10-93

Oakar

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

N - 9-10-93

Oakar

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

N - 9-10-93

Oakar

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

N - 9-10-93

Oakar

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

N - 9-10-93

Oakar

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

N - 9-10-93

Branch

1st Source Bank
South Bend, Indiana
101 South Main Street
Goshen, Indiana*

N




- 9-2-93

9-6-93

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

Type

Application

Membership

Bank One, Peoria
Peoria, Illinois
To become a member of the Federal
Reserve System*

N

- **

EFT

First of America Bank - West Michigan
Grand Rapids, Michigan
Meijer Source Club
4646 28th Street, Southeast
Kentwood, Michigan*

N

- 9-17-93

EFT

First of America Bank - West Michigan
Grand Rapids, Michigan
Meijer Source Club
5455 Clyde Park, Southwest
Wyoming, Michigan*

N

- 9-17-93

Branch

Harris Trust and Savings Bank
Chicago, Illinois
411 South Kedzie Avenue
Chicago, Illinois*

N

- 10-3-93

Branch

First of America Bank - Ann Arbor
Ann Arbor, Michigan
27 South Huron Street
Ypsilanti, Michigan*

N

- 8-27-93

EFT

First of America Bank - Ann Arbor
Ann Arbor, Michigan
5301 East Huron River Drive
Ypsilanti, Michigan*

N

- 8-27-93




Federal Reserve Bank of Chicago
Applications Subject to Both Newspaper and Federal
Register Notice
Comment Period
Application
Ending Date

Section II
Type
Y-2

Bank of Montreal
Montreal, Canada
City Bankshares, Inc.
Oklahoma City, Oklahoma
City Bank & Trust Company
Oklahoma City, Oklahoma*

FR - 8-19-93
NP - **

Y-2

Bankmont Financial Corp.
New York, New York
City Bankshares, Inc.
Oklahoma City, Oklahoma
City Bank & Trust Company
Oklahoma City, Oklahoma*

FR - 8-19-93
N . **

Y-2

Harris Bankcorp, Inc.
Chicago, Illinois
City Bankshares, Inc.
Oklahoma City, Oklahoma
City Bank & Trust Company
Oklahoma City, Oklahoma*

FR
N

8-19-93
8-25-93

Y-2

Lone Tree Service Company
Lone Tree, Iowa
Packwood Financial, Inc.
Packwood, Iowa
Farmers Savings Bank
Packwood, Iowa*

FR
N

9-17-93
8-1-93

Y-2

Mahaska Investment Company
Oskaloosa, Iowa
Taintor Savings Bank
New Sharon, Iowa*

FR
N

9-7-93
9-7-93

Y-2

Minooka Bancorp, Inc.
Minooka, Illinois
Founders Bancorp, Inc.
Scottsdale, Arizona
Founders Bank of Arizona
Scottsdale, Arizona*

FR
N

9-7-93
9-14-93




Federal Reserve Bank of Chicago

Type

Section II - Applications Subject to Both Newspaper and Federal
Register Notice
(Continued)
>
Comment Period
Application
Ending Date

Y-2

Peotone Bancorp, Inc.
Peotone, Illinois
Founders Bancorp, Inc.
Scottsdale, Arizona
Founders Bank of Arizona
Scottsdale, Arizona*

FR - 9-7-93
N - 9-14-93

Y-2

Rock River Bancorporation, Inc.
Oregon, Illinois
Founders Bancorp, Inc.
Scottsdale, Arizona
Founders Bank of Arizona
Scottsdale, Arizona*

FR - 9-7-93
N - 9-14-93

Y-2

Southwest Bancorp, Inc.
Worth, Illinois
Founders Bancorp, Inc.
Scottsdale, Arizona
Founders Bank of Arizona
Scottsdale, Arizona*

FR - 9-7-93
N - 9-14-93

Y-2

Terrapin Bancorp, Inc.
Elizabeth, Illinois
Founders Bancorp, Inc.
Scottsdale, Arizona
Founders Bank of Arizona
Scottsdale, Arizona*

FR - 9-7-93
N - 9-14-93

Y-2

Westbanco, Inc.
Westville, Illinois
Founders Bancorp, Inc.
Scottsdale, Arizona
Founders Bank of Arizona
Scottsdale, Arizona*

FR - 9-7-93
N - 9-14-93

Y-l

Griswold Bancshares, Inc.
Griswold, Iowa
Griswold State Bancshares, Inc.
Griswold, Iowa
Griswold State Bank
Griswold, Iowa*

FR - 9-7-93
N - 9-10-93




Federal Reserve Bank of Chicago

Type

Section II - Applications Subject to Both Newspaper and Federal
Register Notice
(
Continued)
i
Cowment Period
Application
Ending Date

Y-2

Associated Banc-Corp
Green Bay, Wisconsin
First Manitowoc Bancorp, Inc.
Manitowoc, Wi sconsin
First National Bank of Manitowoc
Manitowoc, Wi sconsin*

FR - 9-24-93
N - **

CoC-HC

Missouri Valley Financial Services, Inc.
Council Bluffs, Iowa
Sara Gress

FR
N

Y-2

First Southeast Banking Limited Partnership
Las Vegas, Nevada
First Southeast Banking Corp.
Lake Geneva, Wisconsin
First Bank Southeast Lake Geneva, N.A.
Lake Geneva, Wisconsin
First Bank Southeast, N.A.
Milwaukee, Wisconsin*

FR _ * *
N - 10-1-93

CoC-HC

First of Huron Corp.
Bad Axe, Michigan
Allen D. Gunn

FR N -

**

Minowa Bancshares, Inc.
Decorah, Iowa
Michael J. Pint, Christopher G. Lyon
and Stephen J. Lyon

FR N -

★ *

Liberty Bank
Milwaukee, Wisconsin
Allen L. Samson; R. Max Samson;
Dr. Barry L. Samson & Harry E. Samson

FR N -

**

Heritage Bancshares, Group, Inc.
Minneapolis, Minnesota
Geiger Corporation
Minneapolis, Minnesota
Heritage Bank, National Association
Holstein, Iowa
Heritage Bancshares, Inc.
Minneapolis, Minnesota
Heritage Bank, National Association
Willmar, Minnnesota*

FR - 10-1-93
N - 6-28-93

CoC-HC

CoC-Bk

Y-l/BHC-OT




_

* *

-

* *

**

**

**

Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspape: and Federal
Register Notice
(
Continued)
Comment Period
Application
Ending Date

Type
Y-l

Community Business Bancshares, Inc.
Sauk City, Wisconsin
Community Business Bank
Sauk City, Wisconsin (in organization)*

FR - 9-17-93
N - 10-2-93

Y-2

First Financial Corporation
Terre Haute, Indiana
First Citizens of Paris, Inc.
Paris, Illinois
Citizens National Bank of Paris
Paris, Illinois*

FR - 9-17-93
N - 9-9-93

Y-l

Capital Bancshares, Inc.
Green Bay, Wisconsin
Capital Bank
Green Bay, Wisconsin (in organization) *

FR - 9-24-93
N - 8-28-93

Y-l

Gordon Management Co.
Chicago, Illinois
CNBC Bancorp, Inc.
Chicago, Illinois
Columbia National Bank of Chicago
Chicago, Illinois*

FR - 9-24-93
N - 9-13-93

Y-2

Associated Banc-Corp
Green Bay, Wisconsin
Community State Bank of Algoma
Algoma, Wisconsin*

FR - 9-24-93
N - **

Y-2

Associated Banc-Corp
Green Bay, Wisconsin
First Oak Brook Bancshares, Inc.
Oak Brook, Illinois
First Oak Brook Bank
Oak Brook, Illinois
Oak Brook Bank
Oak Brook, Illinois*

FR - 9-24-93
N - **

Y-2

Associated Banc-Corp
Green Bay, Wisconsin
Bay Lake Bancorp, Inc.
Kewaunee, Wisconsin
Union State Bank
Kewaunee, Wisconsin*

FR - 9-24-93
N - **

•




Federal Reserve Bank of Chicago
Section III - Applications Subject to Feden
Notice Only

Register
Comment Period
Ending Date

Tvoe

Application

Y-4

NBD Bancorp, Inc.
Detroit, Mi chigan
Magic Line, Inc.
Dearborn, Michigan

FR - 9-17-93

Y-4

Lone Tree Service Company
Lone Tree, Iowa
Packwood Insurance Agency
Packwood, Iowa

FR - 9-17-93

4 (c) (8)

Bankers' Bancorporation of Wisconsin
Madison, Wisconsin
Bankers Service Corporation
Madison, Wisconsin

FR - 9-7-93

Y-4

Gordon Family Investment Limited
Partnership
Chicago, Illinois
CNBC Development Corporation
Chicago, Illinois

FR - 9-24-93

Y-4

Gordon Family Investment Limited
Partnership
Chicago, Illinois
CNBC Investment Corp.
Chicago, Illinois

FR - 9-24-93

Y-4

Gordon Family Investment Limited
Partnership
Chicago, Illinois
CNBC Leasing Corp.
Chicago, Illinois

FR - 9-24-93

Y-4

Gordon Management Co.
Chicago, Illinois
CNBC Development Corporation
Chicago, Illinois

FR - 9-24-93

Y-4

Gordon Management Co.
Chicago, Illinois
CNBC Investment Corp.
Chicago, Illinois

FR - 9-24-93




Federal Reserve Bank of Chicago
Section III

-

Applications Subject to Federal Register
Notice Only
(Continued)

Type

Application

Y-4

Gordon Management Co.
Chicago, Illinois
CNBC Leasing Corp.
Chicago, 111inois




Comment Period
Ending Date
FR - 9-24-93

Federal Reserve Bank of Chicago
Section IV
Type

-

Applications Not Subject to Federal Register or Newspaper
Notice
Application

None

N
FR
*
**

-

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




AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following state member banks have been examined by the Federal Reserve
Bank of Chicago for compliance with the CRA. The 30-business day period the
bank has to make the evaluation public has lapsed during the week ending
September 10, 1993.
If you are interested in obtaining a copy of the
evaluation document, please contact the bank(s) directly.
IDENTIFICATION OF RATINGS
0-

An institution in this group has an outstanding
leader in, ascertaining and helping to meet the
entire delineated community, including lowneighborhoods,
in a manner consistent with
capabilities.

S-

An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.

NI-

An institution in this group needs to improve its overall record of
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 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 NAME/LOCATION

EXAMINATION DATE

record of, and is a
credit needs of its
and moderate -income
its resources and

RATINGS

McHenry State Bank
3510 West Elm Street
Box 398
McHenry, Illinois
60050
(815) 385-1010

6/01/93

S

Villa Park Trust & Savings Bank
Ten South Villa Avenue
Villa Park, Illinois
60181
(708) 834-0800

5/17/93

S




Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING SEPTEMBER 10, 1993

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End of Comment Period

★Section 5(d)(3) application by First
Citizens Bancshares Company, Marion,
Arkansas, for its subsidiary, Citizens
Bank, Marion, Arkansas, to acquire the
Marion branch of Federal Savings Bank,
Rogers, Arkansas.

10-9-93

★Section 9 application by River Valley
Bank & Trust, Lavaca, Arkansas, to
establish a branch in Van Buren, Arkansas.

9-30-93

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

Application

End of Comment Period

★Section 3(a)(3) application by First
United Bancshares, Inc., El Dorado,
Arkansas, to acquire Commerce Financial
Corporation, Alma, Arkansas.

Newspaper: 10-11-93

★Section 3(a)(3) application by First
National Security Company, DeQueen, Arkansas,
to acquire 32.2 percent of First National
Bancshares of Hempstead County, Inc., Hope,
Arkansas (previously reported during week
ending 9-3-93).

Newspaper: 10-11-93

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE

Application

Section 4(c)(8) notification by Security
Capital Corporation, Batesville, Mississippi,
to engage de novo in making and servicing loans
(previously reported during week ending 8-20-93).




End of Comment Period

9-28-93

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE*

Application
None.

*This application is subject to CRA.




End of Comment Period

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

AVAILABILITY OF CRA PUBLIC DISCLOSURES
Id e n tifica tio n o f R a tin g s :
O u ts ta n d in g re c o rd o f m e e tin g c o m m u n ity c re d it needs

A n institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to
meet the credit needs of its entire delineated community, including lo w - and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
S a tis fa c to ry re c o rd o f m e e tin g c o m m u n ity c re d it needs

A n 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.
N e e d s to im p ro ve re c o rd o f m e e tin g c o m m u n ity cre d it needs

A n 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 tow- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
S u b s ta n tia l n o n co m p lia n ce in m e e tin g c o m m u n ity c re d it needs

A n 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.

FOR THE WEEK ENDING

Name of Bank
First State Bank
of St. Robert




September 10, 1993

Bank Address

P. 0. Box P
Waynesville, Mo.

Examination
Date
6-07-93
65583

Examination
Rating
Satisfactory

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

Application
None.

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

Application

Comment Period
Endinq Date

L & M Bancshares, Inc.
Mpls, MN
To acquire 100% of the voting
shares of The Plummer State Bank,
Plummer, MN*

Not yet available

Norwest Corporation
Minneapolis, MN
To acquire 100% of the voting shares of
the First National Bank of Arapahoe County,
Aurora, CO*

Not yet available

Norwest Corporation
Minneapolis, MN
To acquire 100% of the voting shares of
the First National Bank of Southeast Denver,
Denver, CO*

Not yet available

Norwest Corporation
Minneapolis, MN
To acquire 100% of the voting shares of
the First National Bank of Lakewood,
Lakewood, CO*

Not yet available

Norwest Corporation
Minneapolis, MN
To acquire 100% of the voting shares of
the Lindeberg Financial Corporation,
Forest Lake, MN*

Not yet available

Paul Jennings, David Jennings,
Lynn Jennings Adcock, and Steven Jennings
To acquire 100% of the voting shares of
Spring Grove Investments, Inc.,
Spring Grove, MN

Not yet available

*Subject to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section II - Applications Subject to Both
Newspaper and Federal Register Notice (continued!
Comment Period
Endina Date

Application
GST Co.
Minneapolis, MN
To become a bank holding company
through the acquisition of 100%
of the voting shares of First United
Bank Group, Inc., Albuquerque, NM*

Not yet available

Norwest Corporation
Minneapolis, MN
To acquire 100% of the voting shares
of the First United Bank Group, Inc.,
Albuquerque, NM*

Not yet available

Section III - Applications Subject
to Federal Register Notice Only

Application

Comment Period
Endina Date

Norwest Corporation
Minneapolis, MN
To engage in the residential mortgage
lending business through the acquisi­
tion of one half interest in Prosperity
Mortgage Company, Fairfax, VA, a joint
venture.

Not yet available

Lena Spitzer Limited Partnership and
Streeter Insurance Agency, Inc.
Streeter, ND
To engage in general insurance agency
activities in a place with a population
not exceeding 5,000 through the acquisition
of Helmuth Spitzer Insurance, Streeter, ND.

Not yet available

♦Subject to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section III - Applications Subject
to Federal Register Notice Only (continued)
Comment Period
Ending Date

Application
First Bank System, Inc.
Minneapolis, MN
To engage de novo in providing data
processing service.

Not yet available

Norwest Corporation
Minneapolis, MN
To engage in the activity of making and
servicing loans through the acquisition
of the mortgage origination business of
Forest Lake State Bank, Forest Lake, MN.

Not yet available

Norwest Corporation
Minneapolis, MN
To engage in underwriting credit life
and credit accident and health insurance
written in connection with extensions of
credit interest subsidiary banks through
the acquisition of United New Mexico Credit
Life Insurance Company, Phoenix, AZ.

Not yet available

Norwest Corporation
Minneapolis, MN
To engage in securities brokerage of
three indirect subsidiary banks of
First United Bank Group, Inc.,
Albuquerque, NM.

Not yet available

Norwest Corporation
Minneapolis, MN
To engage in trust activities through
the acquisition of United New Mexico Trust
Company, Albuque rque, N M .

Not yet available

Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
BCB Bancorp
Chippewa Falls, WI
To redeem 50% of its common shares
and 79% of its preferred shares.
Spring Grove Investments, Inc.
Spring Grove, MN
To redeem 56.1% of its voting shares.




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending September 10, 1993
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 moderateincome neighborhoods, in a manner consistent with its
resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low-and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.

BANK ( ) EXAMINED
S
First Citizens Bank
of Butte
3220 Harrison Avenue
P. 0. Box 3149
Butte, MT 59702-3149
(406) 494-4400




DATE OF EXAMINATION
June 8, 1993

CRA RATING
Satisfactory

Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

Boatmen's Bank of Southwest Missouri,
Carthage, Missouri, for prior
approval to invest in bank premises
in an amount in excess of it's
capital stock.

Not Available

Bank of Rangely, Rangely, Colorado,
for prior approval to invest in bank
premises in an amount in excess of
it's capital stock.

Not Available

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
Rice Insurance Agency, Strasburg,
Colorado, for prior approval to
acquire 80 percent of the voting
shares of The Banking Group, Ltd.,
Colorado Springs, Colorado.*

COMMENT PERIOD ENDING DATE
Not Available

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION
First Commerce Bancshares, Inc.,
Lincoln, Nebraska, for prior approval
to engage de novo in the business of
making loans.

COMMENT PERIOD ENDING DATE
Not Available

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
First Kiowa Bancshares, Inc., Kiowa,
Kansas, for prior approval to redeem
1,970 shares of its own voting common
stock.




Not Available

Federal Reserve Bank of Kansas City

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

Bank/Location

Exam Date

None.

♦Application is subject to CRA.




CRA Public
Date

CRA
Rating

F D R L RSRE BN O DLA APIAIN BLEI
E E A EEV AK F ALS PLCTOS ULTN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF SEPTEMBER 6, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION

** NOTICE EXP

Change in Control Notice by
Harlan Lambert, Fort Stockton, TX; Jim Ivy, Fort
Stockton, TX; Bently King, Fort Stockton, TX; Richard
Morrow, Fort Stockton, TX; and Ernest Woodward, McCamey,
TX, to acquire an interest in Pecos County Bancshares,
Inc., Fort Stockton, TX
(Previously reported during the week of 7-12-93)
Section 3(a)(3) application by
Olney Bancshares, Inc., Olney, TX, to acquire Graham
National Bank, Graham, TX (de novo)
(Previously reported during the week of 8-16-93)
Section 3(a)(3) application by
Olney Bancorp of Delaware, Inc., Wilmington, DE, to
acquire Graham National Bank, Graham, Tx (de novo)
(Previously reported during the week of 8-16-93)

93/09/08

93/09/13

93/09/13

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION
None.




NOTICE EXP

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
Section 24A application by
Central Bank, Garland, TX, to invest in
bank premises in excess of bank's capital stock

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




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF SEPTEMBER 6, 1993
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a
leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to Improve record of meeting community credit needs.
An institution in this group need to improve its overall record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Substantial Noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.

Bank
None.




Date of
Examination

CRA Rating

FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 9/10/93
Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

First Interstate Bank of California, Los
Angeles, California, to merge with First
State Bank of the Oaks, Thousand Oaks,
California. *

Newspaper:

Not available

Bank of America Nevada, Las Vegas, Nevada,
to merge with Bank Building, Inc., Las Vegas,
Nevada. *

Newspaper:

Not available

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

Southern Utah BanCorporation, Cedar City,
Utah, to become a bank holding company by
acquiring State Bank of Southern Utah, Cedar
City, Utah. *

Newspaper:

Not available

Fed. Reg.:

Not available

Section III - Applications Subject to Federal Register Notice Only fcont'd.)
Application

Comment Period Ending Date

The Sumitomo Bank, Limited, Osaka, Japan, to
engage de novo in providing back office services
for others engaged in offering interest rate and
currency swaps and derivative products through
Sumitomo Bank Capital Markets, Inc., New York,
New York.

Fed. Reg.: 9/20/93

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

♦Subject to CRA




FEDERAL RESERVE BANK OF SAN FRANCISCO (cont'd.)
Week ending 9/10/93
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending September 10, 1993. Information about a particular
institution's CRA evaluation may be obtained directly from the institution.
Institution

Location

Nevada Community

2925 S. Rainbow Blvd.
Las Vegas, NV 89102
(702) 368-1969

Examination Date
6/07/93

Rating*
Satisfactory

* 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 conmunity credit needs: An institution has a
satisfactory record of ascertaining and meeting the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs: An institution
needs to improve its overall record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.
Substantial noncomoliance in meeting community credit needs: An institution
has a substantially deficient record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.




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