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ANNOUNCEKHRIRRCH LIBRARY

H.2, 1992, Ho. 38
Actions of the Board, its Staff, and
BOARD OF GOVERNORS
(JQ„
the Federal Reserve Banks;
OF T f E q 9 H1 Wt «*
lir
*
*•
Applications and Reports Received
FEDERAL RESERVE SYSTEM
During the Week Ending September 19, 1992
ACTIONS TAKEff

GOVERNORS

BANK HOLDING COMPANIES
NBD Bancorp, Inc. Detroit, Michigan — to acquire
,
1*«B Financial Corporation, Indianapolis, Indiana.
Approved, September 14, 1992.
ENFORCEMENT
Dellinger & Company, Los Angeles, California — order
of assessment of a civil money penalty against
Dellinger, a public accounting firm.
Announced, September 15, 1992.
National Commercial Bank, Saudi Arabia — written
agreement dated August 28, 1992, with the Board of
Governors of the Federal Reserve System.
Announced, September 16, 1992.
REGULATIONS AND POLICIES
Capital adequacy — interim rule for the risk-based
capital treatment of multilateral lending
institutions (Docket R-0776).
Approved, September 14, 1992.
Prompt corrective action with respect to troubled
depository institutions — final rule to implement
the Federal Deposit Insurance Corporation
Improvement Act of 1991 (Docket R-0763).
Approved, September 14, 1992.
Treatment of U.S. companies operating in the French
government debt market — implementation of the
Primary Dealers Act of 1988 with respect to France.
Approved, September 14, 1992.
TESTIMONY AND STATEMENTS




Real estate appraisal requirements contained in
Title XI of the Financial Institutions Reform,
Recovery, and Enforcement Act — statement by
Governor LaWare before the Subcommittee on General
Oversight and Investigations of the House Committee
on Banking, Finance and Urban Affairs,
September 16, 1992.
Authorized, September 14, 1992.

H.2
SEPTEMBER 14, 1992
PAGE 2

TO

SEPTEMBER 19, 1992

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

ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and
Community Affairs; FOMC * Federal Open Market Committee; FRBO - Federal Reserve
Bank Operations; IF - International Finance; OSDM - Office of Staff Director
for Management
BANK BRANCHES, DOMESTIC
Atlanta

Barnett Bank of Pinellas County, St. Petersburg,
Florida — to establish remote service terminals at
10490 Gandy Boulevard and at the St. Petersburg
Pier, 800 2nd Avenue, N.E.
Approved, September 14, 1992.

Richmond

Citizens Bank of Virginia, Arlington, Virginia —
establish a branch at 1025 Herndon Parkway,
Herndon, Virginia.
Approved, September 18, 1992.

to

BANK HOLDING COMPANIES




New York

Bank of Montreal, Montreal, Canada, Bank of Nova
Scotia, Toronto, Canada, Barclays PLC, London,
England, and Barclays Bank PLC; Bankers Trust New
York Corporation, New York, New York, Chase
Manhattan Corporation; Chemical Banking
Corporation; Citicorp; CS Holding, Zurich,
Switzerland, Deutsche Bank AG, Frankfurt, Germany,
First Chicago Corporation, Chicago, Illinois, Fuji
Bank, Limited, Tokyo, Japan, HSBC Holdings, PLC,
London, England, Kellett N.V., Curacao, Netherlands
Antilles, HSBC Holding B.V., Amsterdam,
Netherlands, Marine Midland Banks, Inc., Buffalo,
New York, Industrial Bank of Japan, Limited, Tokyo,
Japan, J.P. Morgan & Co., Incorporated, New York,
New York, Long-Term Credit Bank of Japan, Limited,
Tokyo, Japan, Nippon Credit Bank, LTD.; Sanwa Bank
Limited, Osaka, Japan, Swiss Bank Corporation,
Basel, Switzerland, and Union Bank of Switzerland,
Zurich, Switzerland — to engage in data processing
services through Government Pricing Information
System, Inc., New York, New York, a de novo joint
venture.
Returned, September 18, 1992.

Dallas

CBH, Inc., Wilmington, Delaware — to acquire Charter
National Bank-Colonial, Houston, Texas, and Charter
National Bank-Houston.
Approved, September 17, 1992.

H. 2

SEPTEMBER 14, 1992
PAGE 3

TO

SEPTEMBER 19, 1992

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

BANK HOLDING COMPANIES




Philadelphia

CoreStates Financial Corp., Philadelphia,
Pennsylvania — to engage in activities related to
international trade through CoreStates Export
Trading Company.
Approved, September 18, 1992.

Chicago

Denmark Bancshares, Inc., Denmark, Wisconsin — to
engage de novo in purchasing mortgages from Denmark
State Bank.
Permitted, September 18, 1992.

Atlanta

First National Bancorp, Gainesville, Georgia — to
merge with First Citizens Bancorp of Cherokee
County, Inc., Ball Ground, Georgia, and acquire
Citizens Bank.
Approved, September 16, 1992.

Kansas City

FSB Bankshares, Inc., Fowler, Kansas —
The Fowler State Bank.
Approved, September 18, 1992.

Kansas City

Great Western Securities, Inc., Omaha, Nebraska — to
engage de novo in lending activities through Great
Western Resources, Inc.
Approved, September 16, 1992.

Minneapolis

Guaranty Development Company, Livingston, Montana —
to acquire Interwest Acquisition Bank.
Approved, September 18, 1992.

Atlanta

Independent Bankshares Corporation, Gallatin,
Tennessee — to acquire First Independent Bank.
Approved, September 17, 1992.

Boston

Merrill Merchants Bancshares, Inc., Bangor, Maine —
to acquire Merrill Merchants Bank, Bangor, Maine.
Approved, September 15, 1992.

Atlanta

Middle Georgia Bankshares, Inc., Unadilla, Georgia —
to continue to engage in appraisal activities;
these activities will be conducted on a nationwide
basis.
Permitted, September 14, 1992.

to acquire

H.2
SEPTEMBER 14, 1992
PAGE 4

TO

SEPTEMBER 19, 1992

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

BANK HOLDING COMPANIES




Kansas City

Nichols Hills Bancorporation, Inc., Oklahoma City,
Oklahoma — to acquire Leadership Bank, N.A.
Returned, September 15, 1992.

Dallas

Olney Bancorp of Delaware, Inc., Wilmington, Delaware
— to acquire First Coleman National Bank of
Coleman, Coleman, Texas.
Returned, September 17, 1992.

Dallas

Olney Bancshares, Inc., Olney, Texas — to acquire
First Coleman National Bank of Coleman, Coleman,
Texas.
Returned, September 17, 1992.

San Francisco

Omni Commercial Services Corporation, Phoenix,
Arizona — to acquire State Bank of Arizona.
Returned, September 14, 1992.

Chicago

Pyramid Bancorp, Inc., Grafton, Wisconsin —
acquire Grafton State Bank.
Approved, September 18, 1992.

Secretary

SouthTrust Corporation, Birmingham, Alabama —
proposal that SouthTrust Bank, FSB, Concord, North
Carolina, merge into CF Federal Savings Bank.
Approved, September 17, 1992.

St. Louis

Southwest Bancshares, Inc., Truman, Arkansas —
acquire Caraway Bancshares, Inc., Caraway,
Arkansas.
Approved, September 15, 1992.

Cleveland

U.K. Bancorporation, Inc., Falmouth, Kentucky — to
acquire United Kentucky Bank of Pendleton County.
Approved, September 18, 1992.

Secretary

United Bankshares, Inc., Charleston, West Virginia —
to merge with Liberty Bancshares, Inc., Montgomery,
West Virginia, and Summit Holding Company, Beckley,
West Virginia.
Approved, September 14, 1992.

to

to

H .2
SEPTEMBER 14, 1992
PAGE 5

TO

SEPTEMBER 19, 1992

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

BANK HOLDING COMPANIES
Atlanta

Wilson Bank Holding Company, Lebanon, Tennessee —
acquire Wilson Bank & Trust.
Approved, September 17, 1992.

to

BANK MERGERS
Richmond

George Mason Bank, Fairfax, Virginia -- to purchase
certain assets and assume certain liabilities of
The Washington Bank, Falls Church, Virginia.
Approved, September 18, 1992.

Boston

Merrill Merchants Bank, Bangor, Maine — to acquire
certain assets and assume certain liabilities of
seven branches of Fleet Bank of Maine, Portland,
Maine, and to establish seven branches.
Approved, September 15, 1992.

BANK PREMISES
Atlanta

Central Bank of the South, Birmingham, Alabama -investment in bank premises.
Approved, September 15, 1992.

St. Louis

English State Bank, English, Indiana —
bank premises.
Approved, September 15, 1992.

Chicago

First Illini Bank, Galesburg, Illinois —
in bank premises.
Approved, September 15, 1992.

investment in

investment

BANKS, STATE MEMBER




Kansas City

First State Bank of Taos, Taos, New Mexico —
of a dividend.
Approved, September 17, 1992.

payment

H .2
SEPTEMBER 14, 1992
PAGE 6

TO

SEPTEMBER 19, 1992

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

CAPITAL STOCK
Kansas City

Community Bancshares of Alva, Inc., Alva, Oklahoma —
redemption of shares.
Approved, September 17, 1992.

Chicago

Farmers Bank of Mt. Pulaski, Mount Pulaski,
Illinois — redemption of shares.
Approved, September 18, 1992.

Chicago

VCR Bancorporation, Ltd. Carlisle, Iowa —
of shares.
Returned, September 15, 1992.

Chicago

WFC, Inc., Waukon, Iowa — redemption of shares.
Approved, September 14, 1992.

redemption

CHANGE IN BANK CONTROL
Atlanta

Florida Security Holding Corporation, Orlando,
Florida — change in bank control.
Permitted, September 14, 1992.

Minneapolis

Guaranty Development Company, Livingston, Montana —
change in bank control.
Permitted, September 17, 1992.

Minneapolis

Windom State Investment Company, Windom, Minnesota —
change in bank control.
Permitted, September 18, 1992.

COMPETITIVE FACTORS REPORTS




Dallas

American Bank of Sherman, N.A., Sherman, Texas,
proposed merger with American Bank and Trust of
Denison, Denison, Texas — report on competitive
factors.
Submitted, September 16, 1992.

Cleveland

Bank One, Cincinnati, N.A., Milford, Ohio, proposed
purchase of certain assets and assumption of
certain liabilities of the Fairfield, Franklin,
Hamilton, and Ross, Ohio, branches of Home Savings
of America, FSB, Irwindale, California — report on
competitive factors.
Submitted, September 19, 1992.

H .2

SEPTEMBER 14, 1992
PAGE 7

TO

SEPTEMBER 19, 1992

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

COMPETITIVE FACTORS REPORTS




St. Louis

Boatmen*s First National Bank of Oklahoma, Oklahoma
City, Oklahoma, proposed merger with Security Bank,
Tulsa, Oklahoma, and 1st Bank of Catoosa, Catoosa,
Oklahoma — report on competitive factors.
Submitted, September 18, 1992.

Atlanta

Commerce Bank of Central Florida, Winter Haven,
Florida, proposed merger with Commerce Successor
Bank — report on competitive factors.
Submitted, September 17, 1992.

Richmond

Essex Savings Bank, Inc., Elizabeth City, North
Carolina, proposed merger with Essex Savings Bank,
FSB, Emporia, Virginia, and Essex Savings Bank,
FSB, Lake Worth, Florida — report on competitive
facts.
Submitted, September 16, 1992.

Dallas

First Interstate Bank of Jacksonville, Texas,
proposed merger with First Interstate Bank of
Texas, N.A., Houston, Texas — report on
competitive factors.
Submitted, September 17, 1992.

Minneapolis

First National Bank, Pierre, South Dakota, proposed
merger with Security Bank of South Dakota, N.A.,
Fort Pierre, South Dakota — report on competitive
factors.
Submitted, September 15, 1992.

Richmond

First National Bank and Trust Company, Asheboro,
North Carolina, proposed acquisition of a branch of
Southern National Bank of North Carolina,
Lumberton, North Carolina — report on competitive
factors.
Submitted, September 15, 1992.

Dallas

Freedom Bank, Ranger, Texas, proposed merger with
Peoples State Bank, Clyde, Texas — report on
compet it ive factors.
Submitted, September 16, 1992.

H.?
SEPTEMBER 14, 1992
PAGE 8

TO

SEPTEMBER 19, 1992

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

COMPETITIVE FACTORS REPORTS




Boston

Howard Bank, National Association, Burlington,
Vermont, proposed purchase of assets and assumption
of liabilities of the Waterbury branch of First
Vermont Bank and Trust Company, West Brattleboro,
Vermont — report on competitive factors.
Submitted, September 16, 1992.

Kansas City

Metropolitan Federal Bank, FSB, Fargo, North Dakota,
proposed merger with American Charter Federal
Savings and Loan Association, Lincoln, Nebraska —
report on competitive factors.
Submitted, September 17, 1992.

Dallas

New Wellington Bank, Wellington, Texas, proposed
merger with Wellington State Bank — report on
compet it ive factors.
Submitted, September 16, 1992.

Minneapolis

Norwest Bank Minnesota North, N.A., Duluth,
Minnesota, proposed purchase of the assets and
assumption of the liabilities of the Duluth branch
of Norwest Bank Minnesota Mesabi, N.A., Virginia,
Minnesota — report on competitive factors.
Submitted, September 16, 1992.

Philadelphia

Prime Savings Bank, FSB, Philadelphia, Pennsylvania,
proposed purchase of the assets and assumption of
the liabilities of the Bank of Delaware Valley,
Fairless Hills, Pennsylvania — report on
competitive factors.
Submitted, September 15, 1992.

New York

Valley National Bank, Passaic, New Jersey, proposed
purchase of the assets and assumption of the
liabilities of Mayflower Savings Bank, SLA,
Livingston, New Jersey — report on competitive
factors.
Submitted, September 17, 1992.

H.2
SEPTEMBER 14, 1992
PAGE 9

TO

SEPTEMBER 19, 1992

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

EXTENSIONS OF TIME




San Francisco

BankAmerica Corporation, San Francisco, California —
extension to divest certain property.
Granted, September 17, 1992.

Cleveland

First Financial Bancorp, Hamilton, Ohio —
to divest certain property.
Granted, September 18, 1992.

San Francisco

First Security Corporation, Salt Lake City, Utah —
extensions to divest certain properties.
Granted, September 15, 1992.

San Francisco

Home Credit Corporation, Salt Lake City, Utah —
extension to December 1, 1992, to engage de novo in
insurance activities
Granted, September 15, 1992.

Dallas

Lost Pines Bancshares, Inc., Smithville, Texas —
extension to October 14, 1992, to acquire Lost
Pines Bancshares-Delaware, Inc., Wilmington,
Delaware, and Lost Pines National Bank, Smithville,
Texas.
Granted, September 14, 1992.

Dallas

Lost Pines Bancshares-Delaware, Inc., Wilmington,
Delaware — extension to October 14, 1992, to
acquire Lost Pines National Bank, Smithville,
Texas.
Granted, September 14, 1992.

New York

United Counties Bancorporation, Cranford, New
Jersey — extension to November 28, 1992, to
acquire shares of Central Jersey Bancorp, Freehold,
New Jersey.
Granted, September 15, 1992.

extension

H. 2

SEPTEMBER 14, 1992
PAGE 10

TO

SEPTEMBER 19, 1992

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

RESERVE BANK OPERATIONS




Director, FRBO

Federal Reserve Bank of Richmond —
rack equipment.
Approved, September 17, 1992.

to purchase tape

It .2

ADDITIONS AND CORRECTIONS

SEPTEMBER 14, 1992
PAGE 11

TO

SEPTEMBER 19, 1992

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
First Commerce Corporation, New Orleans, Louisiana —
determination that a subsidiary bank may invest in
a community development corporation; and exemption
under section 23A for certain transactions
involving a community development corporation.
Granted, September 10, 1992.
REGULATIONS AND POLICIES
Profitability of Credit Card Plans —
to the Congress.
Approved, September 11, 1992.

Annual Report

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

BANK HOLDING COMPANIES
Chicago

First Midwest Corporation of Delaware, Elmwood Park,
Illinois — to acquire West Central Illinois
Bancorp, Inc., Monmouth, Illinois, and The National
Bank of Monmouth.
Returned, September 8, 1992.

CHANGE IN BANK CONTROL




Chicago

Elcho Bancorporation, Inc., Venice, Florida —
in bank control.
Returned, September 11, 1992.

change

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

Application

Comment Period Ending Date
NONE

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

Application

Comment Period Ending Date

Neil St. John Raymond,
d/b/a Candlewood Associates
- Change in Control
Notification to acquire
up to 68.2% of the
outstanding common stock
of First Ipswich Bancorp,
Ipswich, Massachusetts

Newspaper
Federal Register

09-23-92

Not Yet Established

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY

Application

Comment Period Ending Date

Fleet Financial Group,
Federal Register
Inc., Providence, Rhode
Island - 4(c)(8) application
to engage in asset management
and Recovery Corporation, Boston,
Massachusetts

Not Yet Established

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;
- Needs to Improve; "SN" - Substantial Noncompliance.
Institution




Examination Date
NONE

Ratinq**

"N"

Federal Reserve Bank of New York
Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
___________ Notice Only___________
Banco Popular de Puerto Rico, Hato Rey,
Puerto Rico, to purchase certain assets and assume
the liabilities of the 3230 Third Avenue, Bronx,
New York branch of North Side Savings Bank, Bronx,
New York.l/

10/18/92

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None.

SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
Amboy Bancorporation, Old Bridge, New Jersey to make an
investment in Woodhaven at South Brunswick, L.P.,
Cranbury, New Jersey and thereby engage indirectly in
community development activities.

10/2/92

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 19. 1992
NAME OF BANK

RATING

EXAMINATION DATE

Orange County
Trust Co.
75 North Street
Box 790
Middletown, NY 10007

Outstanding

April 13, 1992

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
Commonwealth Bank, Williamsport, PA requests
approval to establishment a branch office to
be located at 12 South Main Street,
Wilkes-Barre, PA. Expedited Procedure.

10/5/92

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

SECTION III ~ APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Comment Period Ending Date
NONE.

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

NONE.

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 18, 1992.
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




Examination Date
None.

CRA Rating

Federal Reserve Bank of Cleveland
Applications Bulletin
For Week Ending September 19, 1992

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
Received notice from F.N.B. Corporation,
September 23, 1992
Hermitage,Pennsylvania, on August 28, 1992,
of its intent to acquire substantially all
of the assets and assume certain liabilites
of Reliance Consumer Discount Company, Hanover,
Pennsylvania.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Received Section 3(a)(1) application
from FC Banc Corp., Bucyrus, Ohio, on
September 8, 1992, to acquire The Farmers
Citizens Bank, Bucyrus, Ohio.

* F: October 9, 1992

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY

NONE
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE

NONE

*
N
F
#

-

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




Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only

Application

Comment Period Ending Date

Centura Bank, Rocky Mount, North
Carolina, to acquire a branch of
Peoples Federal Savings Bank,
New Bern, North Carolina.*

9-27-92

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

Comment Period Ending Date

Centura Banks, Inc. Rocky Mount,
,
North Carolina, to acquire Brevard
Federal Savings and Loan Association,
Brevard, North Carolina.*

10-10-92

First Union Corporation, Charlotte,
North Carolina, to acquire South
Carolina Federal Corporation, Columbia,
South Carolina..*

10-18-92

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

Allied Irish Banks Limited pic, Dublin,
Ireland, and First Maryland Bancorp,
Baltimore, Maryland, to expand
geographically their credit-related
reinsurance activities through First
Maryland Life Insurance Company,
Phoenix, Arizona.

10-8-92**

Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application

Comment Period Ending Date

None.

*Application is subject to CRA requirements.
**Expiration of comment period specified in the Federal Register.



Federal Reserve Bank of Richmond
Availability of CRA Public Evaluations
Week ending September 18, 1992

Definition 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 consistent with its resources and capabilities.

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

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

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

Examination
Date____

Rating

Peoples Bank of Montross
Kings Highway
Montross, Virginia 22520

7-6-92

Satisfactory

The Traders Bank
303 Main Street
Spencer, West Virginia

7-6-92

Satisfactory




25276

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending September 18. 1992

Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Royal Trust International
Toronto, Ontario
To establish a representative office
in Atlanta, Georgia.

Not yet available*

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

Application

Comment Period Ending Date

None.

Section 3 - Applications Subject to Federal
Register Notice Only

Application

Comment Period Ending Date

None.

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice

Application
SouthTrust Corporation
Birmingham, Alabama
Commitment waiver request.

♦Subject to Provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending September 18. 1992

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Barnett Merger Corporation
Jacksonville, Florida
3(a) (1) waiver request to acquire Barnett
Bank of Central Florida, N.A., Orlando,
Florida; Barnett Bank of Highlands County,
Sebring, Florida; Barnett Bank of Lake
County, N.A., Eustis, Florida; Barnett
Bank of Lee County, N.A., Fort Myers,
Florida; Barnett Bank of Manatee County,
N.A., Bradenton, Florida; Barnett Bank of
Naples, Naples, Florida; Barnett Bank of
Pasco County, Holiday, Florida; Barnett
Bank of Pinellas County, St. Petersburg,
Florida; Barnett Bank of Polk County,
Lakeland, Florida; Barnett Bank of Southwest
Florida, Sarasota, Florida; Barnett Bank of
the Suncoast, N.A., Brooksville, Florida;
Barnett Bank of Tallahassee, Tallahassee,
Florida; Barnett Bank of Tampa, N.A., Tampa,
Florida; Barnett Bank of Volusia County,
DeLand, Florida; Barnett Bank of West Florida,
Pensacola, Florida.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending September 18. 1992

Section 10 - Availability of CRA Public Evaluations

The CRA public evaluations of the insured depository institutions
listed below became available during this week. Information about
an institution's CRA evaluation may be obtained directly from the
institution. In connection with the assessment of an institution's
CRA performance, a rating is assigned from the following groups:
Outstanding record of meeting community credit needs:
An
institution has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs:
An
institution has a satisfactory record of ascertaining and helping
to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs:
An
institution needs to improve its overall record of ascertaining and
helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs:
An
institution has a substantially deficient record of ascertaining
and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Examination
Bank
Gulf Bank
Post Office Box 015-299
Miami, Florida 33101
(305) 358-0700




Rating
Needs to Improve

Date
06-15-92

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

Type

Application

Branch

Bank of Burlington
Burlington, Wisconsin
240 N. Milwaukee Street
Waterford, Wisconsin*

N

- 10-2-92

EFT

Cole Taylor Bank
Chicago, Illinois
1900 West Van Buren
Chicago, Illinois*

N

- 9-14-92

EFT

Cole Taylor Bank
Chicago, Illinois
7500 South Pulaski Road
Chicago, Illinois*

N

- 9-21-92

EFT

Cole Taylor Bank
Chicago, Illinois
1145 West Wilson Avenue
Chicago, Illinois*

N

- 9-21-92

Branch
Relocation

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

N

- **

Merger/
Branchs

Peoples Bank
Bloomington, Illinois
Lexington Bank
Lexington, Illinois
228 W. Main Street
Lexington, Illinois
2101 N. Veterans Parkway
Bloomington, Illinois*

N

- 10-5-92




Federal Reserve Bank of Chicago

Type

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

Y-l

Fairmount Banking Company
Fairmount, Indiana
The Fairmount State Bank
Fairmount, Indiana*

FR - 9-21-92
N - 9-14-92

Y-2

PSB Corporation
Wellsburg, Iowa
First National Bank of Sumner
Sumner, Iowa*

FR - **
N - 10-3-92

Y-2

Hawkeye Bancorporation
Des Moines, Iowa
Jasand, Inc.
Cedar Rapids, Iowa
City National Bank of Cedar Rapids
Cedar Rapids, Iowa*

FR - 9-25-92
N - 9-28-92

Y-2

Peoples Mid-Illinois Corporation
Bloomington, Illinois
Lexington Bancshares, Inc.
Lexington, Illinois
Lexington Bank
Lexington, Illinois*

FR - **
N - 10-5-92

Y-l

PMI Acquisition Corporation
Bloomington, Illinois
Lexington Bank
Lexington, Illinois*

FR - **
N - 10-5-92

Y-2

Heritage Financial Services, Inc.
Blue Island, Illinois
Alsip Bancorporation, Inc.
Alsip, Illinois
Alsip Bank and Trust
Alsip, Illinois*

FR - **
N - 10-9-92

Y-l

Omnibank Corporation
River Rouge, Michigan
Omnibank
River Rouge, Michigan*

FR - **
N - **

Y-2

Comerica Incorporated
Detroit, Michigan
Hibernia National Bank in Texas
Dallas, Texas*

FR - 9-14-92
N - **




Federal Reserve Bank of Chicago
Section II

Applications Subject to Both Newspaper and Federal
Register Notice
(continued)
Comment Period
Application
Ending Date

Type

-

Y-l

BOI Financial Corp.
Normal, Illinois
The Bank of Illinois in Normal
Normal, Illinois*

FR - 9-14-92
N - 8-24-92

Y-2

First Midwest Corporation of Delaware
Elmwood Park, Illinois
West Central Illinois Bancorp, Inc.
Monmouth, Illinois
The National Bank of Monmouth
Monmouth, Illinois*

FR - 9-21-92
N - 8-31-92

Section III - Applications Subject to Federal Register
Notice Only
Comment Period
Ending Date

Txpe

Application

4(c) (8)

First Midwest Bancorp, Inc.
Naperville, Illinois
To engage in acquiring and servicing
of loans

FR - 10-2-92

Y-4

NBD Bancorp, Inc.
Detroit, Michigan
BHC Securities, Inc.
Philadelphia, Pennsylvania

FR -

10-2-92

Y-4

NBD Indiana, Inc.
Detroit, Michigan
BHC Securities, Inc.
Philadelphia, Pennsylvania

FR -

10-2-92

Y-4

NBD Bancorp, Inc.
Detroit, Michigan
BHC Financial, Inc.
Philadelphia, Pennsylvania

FR -

10-2-92

Y-4

NBD Indiana, Inc.
Detroit, Michigan
BHC Financial, Inc.
Philadelphia, Pennsylvania

FR

10-2-92




Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only
fcontinued)
Tvoe

Application

Comment Period
Ending Date

Y-4

NBD Bancorp, Inc.
Detroit, Michigan
Texas First Securities Coloration
Houston, Texas

FR -

10-2-92

Y-4

NBD Indiana, Inc.
Detroit, Michigan
Texas First Securities Corporation
Houston, Texas

FR -

10-2-92

Section IV - Applications Not Subject to Federal Register or Newspaper
Notice
Type

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 18,
1992. If you are interested in obtaining a copy of the evaluation document,
please contact the bank(s) directly.
Identification of Ratings
O-An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
S-An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
NI-An institution in this group needs to improve its overall record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
SN-An institution in this group has a substantially deficient record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
BANK NAME/LOCATION
-State Bank of Howards Grove
211 North Wisconsin Drive
Howards Grove, Wisconsin
54083
(414) 565-3351

EXAMINATION DATE

RATINGS

6/08/92

S

6/15/92

O

-State Bank of Coloma
209 North Paw Paw Street, Box 459
Coloma, Michigan
49038
^616) 468-3179

6/09/92

SN

-Security State Bank
P.O. Box 166
Hartley, Iowa
51346
(712) 728-2101

6/15/92

S

-Huron Community Bank
301 North Newman Street
East Tawas, Michigan 48730-0312
(517) 362-6103




Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING SEPTEMBER 18, 1992

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End of Comment Period

None.

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

End of Comment Period

* Section 3(a)(3) application by State First Financial
Corporation, Texarkana, Arkansas to acquire First
National Bank of Nashville, Nashville, Arkansas
Newspaper: 10-21-92

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

FOR THE WEEK ENDING

Name of Bank

None




September 18, 1992

Bank Address

Examination
Date

Examination
Rating

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

Application
None.

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
E. J. Heymans, Sr., Revocable Trust
To acquire 35.2% of the voting shares
of Dunn County Bankshares, Inc.
Menomonie, WI

Comment Period
Endincr Date
9-21-92
(Federal Register)

Norwest Corporation
Minneapolis, MN
To acquire 100% of the voting shares
of Rocky Mountain Bankshares, Inc.
,
Golden Valley, MN, through merger with
Norwest Colorado, Inc.*

Not yet available

Chisholm Bancshares, Inc.
Chisholm, MN
To acquire 100% of the voting shares of
Farmers & Merchants State Bank, Cook, MN.*

Not yet available

Dairyland Bank Holding Corp.
La Crosse, WI
To acquire 91.85% of the voting shares of
La Farge State Bank, La Farge, WI and
100% of the voting shares of Bank of Alma,
Alma, WI.*
Frandsen Financial Corporation
Forest Lake, MN
To acquire 100% of Citizens Bank of East
Grand Forks, East Grand Forks, MN; 100%
of First State Bank of Ada, Ada, MN; 100%
of Nimrod Enterprises, Inc. Foley, MN, a
one-bank holding company owning the State
Bank of Foley, Foley, MN; and 100% of The
Gilmanton Co., Gilman, MN, a one-bank
holding company owning the First State
Bank, Gilman, MN*
♦Subject to CRA




10-3-92
(Newspaper)

Not yet available

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section II - Applications Subject to Both
Newspaper and Federal Register Notice (Continued)
Comment Period
Ending Date

Application
Norwest Corporation
Mpls, MN
To acquire, via merger, Merchants
& Miners Bancshares, Inc., Hibbing,
MN, a one-bank holding companyowning the Merchants & Miners State
Bank, Hibbing, MN*

Not yet available

Minnesota Banc Holding Company
Plymouth, MN
To acquire 100% of Citizens State
Bank of Montgomery, Montgomery, MN*

Not yet available

Section III - Applications Subject
to Federal Register Notice Only
Comment Period
Ending Date

Application
None.

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

♦Subject to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending September 18, 1992
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 (S ) EXAMINED
First Citizens Bank
of Butte
3220 Harrison Avenue
P. 0. Box 3149
Butte, MT 59702-3149
(406) 494-4400

DATE OF EXAMINATION
June 15, 1992

Marquette Bank New Prague
217 West Main Street, Box 4
New Prague, MN 56071-0004
(612) 758-4465



June 8, 1992

CRA RATING
Satisfactory

Satisfactory

Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SOBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION
City Center Bank of Colorado, Aurora,
Colorado, to merge with The Bank of
Parker, Parker, Colorado, and
relatedly, to establish a branch in
Parker, Colorado.*

COMMENT PERIOD ENDING DATE
Not Available

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

COMMENT PERIOD ENDING DATE

First Western Corporation, Kimball,
Nebraska, for prior approval to
acquire 100 percent of the voting
shares of Citywide Bank of
Northglenn, Northglenn, Colorado.*

Not Available

F.S.B. Properties, Inc., ESOP,
Quinton, Oklahoma, for prior approval
to become a bank holding company
through the acquisition of 37.6
percent of the voting shares of
F.S.B. Properties, Inc., Quinton,
Oklahoma.*

Not Available

SECTION III - 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
First of Grandfield Corporation,
Grandfield, Oklahoma, for prior
approval to redeem 160 shares of its
own voting common stock.

Not Available

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the




Federal Reserve Bank of Kansas City

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

Exam Date

None.
*

*Application is subject to CRA.




CRA Public
Date

CRA
Rating

FEDERAL RESERVE BAN OF DALLAS APPLICATIONS BULLETIN
K
APPLICATIONS A D NOTIFICATIONS FILED DURING THE W
N
EEK OF SEPTEMBER 14, 1992

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

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

APPLICATION
Change in Control Notice by
J. F. Justiss, III, Trust; Amy Williams Trust; Adam
Williams Trust; Jennifer J. Williams, Jena, LA, to
acquire an interest in JBI Financial Corporation, Jena, LA

N/A

Change in Control Notice by
David Boyd Dean, Houston, TX, to acquire an interest in
First Bancorporation of Cleveland, Inc., Cleveland, TX

N/A

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

NOTICE EXP

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

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




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF SEPTEMBER 14, 1992

Outstanding record of meeting community credit needs.
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.

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

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

Bank

Date of
Examination

North Texas Bank & Trust
P. 0. Box 1299
808 E. Hwy. 82
Gainesville, TX 76240

92/06/15




CRA Rating

Satisfactory

FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 9/18/92
Section I - Applications Subject to Newspaper Notice Only
A p d Iication

Comment Period Ending Date

None
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
A p p Iication

Comment Period Ending Date

Chang Hwi Kim, Palos Verdes, California, to
retroactively acquire 10.98 percent of
California Center Bank, Los Angeles,
California.

Newspaper:

Not available

Fed. Rea.:

Not available

Section III - Applications Sub.iect to Federal Register Notice Only
Application

Comment Period Ending Date

Grupo Financiero Bacomer S.A. de C.V.,
Bancomer, S.A., Bancomer Holding Company
(Antilles) N.V., Bancomer Holding Company
(Netherlands) B.V., and Bancomer Holding
Company, to engage de novo in receiving money
for transmission abroad, buying and selling
foreign currency, check cashing and issuing and
selling U.S. and foreign currency money orders
with a face value of $1,000 or less through
Bancomer Transfer Services, Inc., Los Angeles,
California.

Fed. Reg.: Not yet published

Continental Bancorporation, Las Vegas, Nevada,
to engage de novo in trust company activities
in Nevada through Contiental Trust Company,
Las Vegas, Nevada.

Fed. Reg.:

10/09/92

Eldorado Bancorp, Laguna Hills, California, to
engage de novo in making, acquirng or
servicing loans or other extensions of credit
through Eldorado Bancorp Home Loans, Inc.,
Laguna Hills, California.

Fed. Reg.:

10/16/92

Redwood Empire Bancorp, Santa Rosa, California,
to acquire Lake Savings and Loan Association,
Lakeport, California, which will be merged
into Allied Savings Bank, F.S.B., Santa Rosa,
California.*

Fed. Reg.:

Not available

* Subject to CRA




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

Week ending 9/18/92
Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
None

Section V - Availability of CRA Public Evaluatigns
The CRA public evaluations of the institution(s) below became available during
the week ending September 18, 1992. Information about a particular
institution’s CRA evaluation may be obtained directly from the institution.
Institution

Location

Examination Date

West One Bank

107 S. Main Street
Salt Lake City, UT 84111
Tel: (801) 534-6000*

6/01/92

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