H.2 Actions of the Board, its Staff, and the Federal ... · Farm Credit Act -- letter to the Farm Credit Administration expressing no objection to proposed amendments to FCAvs regulations

ANNOUNCEMENTBOARD OF GOVERNORS

OF THEFEDERAL RESERVE SYSTEM

H.2, 1995, No. 49Actions of the Board, its Staff, and

the Federal Reserve Banks; Applications and Reports Received

During the Week Ending December 9, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

TESTIMONY AND STATEMENTSDaiwa Bank, Ltd., Osaka, Japan, and Daiwa Bank

Limited, New York Branch -- statement by Chairman Greenspan before the Subcommittee on Financial Institutions and Consumer Credit of the House Committee on Banking and Financial Services, December 5, 1995.

Published, December 5, 1995.

BANK HOLDING COMPANIESBerens Corporation, Houston, Texas, and Berens

Delaware, Wilmington, Delaware -- to acquire First National Bank of Dayton, Dayton, Texas, and to engage in mortgage and commercial finance and equipment leasing activities through Berens Credit Corporation, Houston, Texas.

Denied, December 4, 1995.NationsBank Corporation, Charlotte, North Carolina,

and NB Holdings Corporation -- to acquire North Florida Bank Corporation, Madison, Florida, and Bank of Madison County, National Association.

Approved, December 6, 1995.Wellington State Bank, Wellington, Texas -- to

acquire two branches of Bank of America Texas, N.A., Irving, Texas, and to establish branches at their locations.

Approved, December 6, 1995.BOARD OPERATIONS

Budget for 1996.Approved, December 6, 1995.Office of Inspector General -- budget for 1996. Approved, December 6, 1995.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.2DECEMBER 4, 1995 TO DECEMBER 8, 1995PAGE 2

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

U miA X i m AND P&LJglESCommunity Reinvestment Act -- release during the week

of December 17, 1995, of list of institutions scheduled for GRA examinations during the first quarter of 1996.

Announced, December 4, 1995.Farm Credit Act -- letter to the Farm Credit

Administration expressing no objection to proposed amendments to FCAvs regulations.

Approved, December 8, 1995.

Regulation U -- publication for comment of amendments concerning banks financing margin stock, withdrawals and substitutions involving margin stock, and amendments to conform Regulation U to recently proposed changes for Regulation T (Docket R-0905).


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

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

Kansas City BancFirst, Oklahoma City, Oklahoma -- to establishadditional branches in Oklahoma City.

Approved, December 5, 1995.Kansas City Bank of Holden, Holden, Missouri --to establish a

branch at the intersection of Missouri Highway 13 and Highway D, Warrensburg, Missouri.

Approved, December *4, 1995.Citizens Bank and Trust Company, Belle Plaine, Iowa -

- to establish a branch at 706-12th Street. Approved, December 8, 1995.

Chicago



ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKSUNDER DELEGATED AUTHORITY

BANK BRANCHES. DOMESTICChicago First Farmers Bank & Trust Company, Converse, Indiana

-- to establish a branch at 10077 North State Road 37, Elmwood, Indiana.

Approved, December 4, 1995.Atlanta First Southern Bank, Boca Raton, Florida -- to

establish a branch at 1750 University Drive, Coral Springs, Florida.

Approved, December 8, 1995.Richmond First Virginia Bank-Commonwealth, Grafton, Virginia -

- to establish a branch in Patrick Henry Mall,12300 Jefferson Avenue, Newport News, Virginia.

Approved, December 8, 1995.Chicago M&I Central State Bank, Oshkosh, Wisconsin -- to

establish a branch at 33 West Pioneer Road, Fond du Lac, Wisconsin.

Approved, December 7, 1995.BANK HOLDING COMPANIES

St. Louis

Kansas City

Chicago

Arkansas National Bancshares, Inc., Bentonville, Arkansas -- to acquire Arkansas National Bank.

Approved, December 5, 1995.Armstrong Bancshares, Inc., Vian, Oklahoma -- to

acquire Vian State Bank.Approved, December 6, 1995.Bridgeview Bancorp, Inc., Bridgeview, Illinois --

request for waiver of application to acquire DuPage Valley State Bank, Woodbridge Illinois.

Approved, December 6, 1995.San Francisco California Community Bancshares Corporation,

Vacaville, California -- to become a bank holding company through the reorganization of Continental Pacific Bank.

Returned, December 4, 1995.



ACTZONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKSUNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIESDallas Chaparral Bancshares, Inc., Richardson, Texas -- to

acquire Chaparral Delaware Bancshares, Inc., Dover, Delaware, and Canyon Creek National Bank, Richardson, Texas.

Approved, December 8, 1995.Dallas Chaparral Delaware Bancshares, Inc., Dover,

Delaware -- to acquire Canyon Creek National Bank, Richardson, Texas.

Approved, December 8, 1995.Director, BS&R Citizens Financial Corporation, Elkins, West Virginia

-- registration as transfer agent.Approved, December 5, 1995.

San Francisco City National Corporation, Beverly Hills,

Chicago

California -- request for waiver of application to acquire First Los Angeles Bank, Los Angeles, California.

Approved, December 8, 1995.Dentel Bancorporation, Victor, Iowa -- to acquire

Corydon Bancorporation, Corydon, Iowa, and Corydon State Bank.

Approved, December 6, 1995.Minneapolis Farmers & Merchants Financial Services, Inc., St.

Paul, Minnesota -- to acquire Farmers State Bank of Huntley, Huntley, Minnesota.

Approved, December 7, 1995.Richmond First Charter Corporation, Concord, North Carolina --

to acquire Bank of Union, Monroe, North Carolina. Approved, December 4, 1995.

Atlanta FirstFed Bancorp, Bessemer, Alabama -- to acquire First State Bank of Bibb County, West Blocton, Alabama.

Approved, December 7, 1995.Atlanta FirstFed Bancorp, Inc., Bessemer, Alabama -- to

engage in operating a savings association through First Federal Savings Bank.



H . 2DECEMBER 1995 TO DECEMBER 8, 1995PAGE 5


BANK HOLDING COMPANIESKansas City FSCBancshares, Inc., Cameron, Missouri -- to acquire

Farmers and Valley Bank, Tarkio Missouri. Approved, December 5, 1995.

Chicago Guaranty Bankshares, Ltd., Cedar Rapids, Iowa -- to engage de novo in lending activities.

Permitted, December 5, 1995.Philadelphia Harleysville National Corporation, Harleysville,

Pennsylvania -- request for waiver of application to acquire Farmers & Merchants Bank, Honesdale, Pennsylvania, and the merger of Farmers & Merchants with National Bank of Lansford, Lansford, Pennsylvania.

Approved, December 7, 1995.Director, BS&R HSBC Holdings p .c ., London, England, HSBC Holdings

Secretary

B.V., Amsterdam, The Netherlands; and HSBC Americas, Inc., Buffalo, New York -- request for relief from certain reporting and other requirements concerning the issuance and sale of payment instruments through Marine Midland Payment Services, Inc.

Granted, December *4, 1995.Keystone Financial, Inc., Harrisburg, Pennsylvania --

waiver of an application to acquire National American Bancorp, Towanda, Pennsylvania.

Approved, December 6, 1995.Kansas City Mackey BanCo, Inc., Ansley, Nebraska -- to acquire

Security State Bank.Approved, December 4, 1995.

Kansas City

Dallas

Metropolitan Bancshares, Inc., Aurora, Colorado -- to acquire Wally Bancorp, Inc., Parker, Colorado.

Approved, December 4, 1995.New Galveston Company, Wilmington, Delaware -- to

merge with S.B.T. Bancshares, Inc., San Marcos, Texas.


Dallas


H . 2DECEMBER 4, 1995 TO DECEMBER 8, 1995PAGE 6


BANK HOLDING COMPANIESChicago Newell Bancshares, Inc., Newell, Iowa -- to acquire

First Community Bank.Returned, December 7, 1995.

Minneapolis Norwest Corporation, Minneapolis, Minnesota -- to acquire Irene Bancorporation, Inc., Sioux Falls, South Dakota.

Approved, December 5, 1995.Minneapolis Omega City Holding Company, La Moure, North Dakota --

to acquire Marion Bank Holding Company, Marion, North Dakota.

Approved, December 6, 1995.Director, BS&R PNC Securities Corp, Pittsburgh, Pennsylvania --

Atlanta

request for relief from commitment to permit an officer interlock between PNC's section 20 subsidiary, PNC Securities Corp and PNC Bank, N.A.

Granted, December 4, 1995.Quantum Capital Corp., Suwanee, Georgia -- to acquire

Quantum National Bank.Approved, December 6, 1995.

Dallas S.B.T. Bancshares, Inc., San Marcos, Texas --to acquire State Bank and Trust Company.

Approved, December 8, 1995.Richmond Summit Financial Corporation, Greenville, South

Carolina -- to acquire the assets of Domestic Loans, Inc., Manning, South Carolina, and A+ Loans, Inc .

Approved, December 8, 1995.New York Tompkins County Trustco, Inc., Ithaca, New York -- to

acquire Tompkins County Trust Company.Approved, December 8, 1995.

San Francisco Wells Fargo & Company, San Francisco, California --request for relief from commitments made by Wells Fargo Bank, N.A., in a joint venture with The Nikko Securities Co., Ltd.

Returned, December 6, 1995.




BANK HOLDING COMPANIESDirector, BS&R

BANK MERGERS

West Milton Bancorp, Inc., West Milton, Pennsylvania -- registration as transfer agent


Kansas City

BANK PREMISES

BancFirst, Oklahoma City, Oklahoma -- to merge with City Bank & Trust Company, and to establish branches.


Kansas City

BANKS. STATE MEMBER

Citizens Bank, Lawton, Oklahoma -- investment in bank premises.


Director, BS&R Bank of New York, New York, New York -- request for relief from a commitment made in connection with application to acquire certain assets and assume certain liabilities of Barclays Bank of New York.

Granted, December 5, 1995.Chicago M&I Central State Bank, Oshkosh, Wisconsin -- payment

of a dividend.Approved, December 5, 1995.

St. Louis

CAPITAL STOCK

UMB Bank, Northeast, Monroe City, Missouri -- payment of a dividend.


Kansas City Beverly Bankshares, Inc., Beverly, Kansas -- redemption of shares.

Approved, December 4, 1995.Chicago First American Bank, Jewell, Iowa -- redemption of

shares.Approved, December 5, 1995.




CHANGE IN BANK CONTROLDallas Austin County Bankshares, Inc., Bellville, Texas --

change in bank control.Permitted, December 7, 1995.

Kansas City Beverly Bankshares, Inc., Beverly, Kansas -- change in bank control.

Permitted, December 4, 1995.Dallas Dawson Bancshares, Inc., Dawson, Texas -- change in

bank control.Returned, December 5, 1995.

Dallas First Sonora Bancshares, Inc., Sonora, Texas -- change in bank control.

Permitted, December 4, 1995.COMPETITIVE FACTORS REPORTS

Atlanta Ameribank, N.A., Savannah, Georgia, proposed purchase of certain assets and assumption of certain liabilities of the East Victory Drive, Savannah, branch of Bank South, Atlanta, Georgia -- report on competitive factors.

Submitted, December 6, 1995.San Francisco Bank of California, N.A., San Francisco, California,

proposed merger with Union Bank -- report on competitive factors.

Submitted, December 8, 1995.Chicago Busey Bank, Urbana, Illinois, proposed merger with

Busey Bank of McLean County, LeRoy, Illinois -- report on competitive factors.

Submitted, December 4, 1995.San Francisco California United Bank, N.A., Encino, California,

proposed merger with Corporate Bank, Santa Ana, California -- report on competitive factors.

Submitted, December 8, 1995.




COMPETITIVE FACTORS REPORTSAtlanta Citizens Bank, Elizabethton, Tennessee, proposed

purchase of certain assets and assumption of certain liabilities of the Allandale and Kingsport branches of First Union National Bank of Tennessee, Nashville, Tennessee -- report on competitive factors.

Submitted, December 6, 1995.San Francisco Commercial Center Bank, Santa Ana, California,

proposed merger with La Cumbre Savings Bank, A Federal Savings Bank, Santa Barbara, California -- report on competitive factors.

Submitted, December , 1995.Atlanta Community Banking Company of Fitzgerald, Fitzgerald,

Georgia, proposed purchase of certain assets and assumption of certain liabilities of the 103 West Roanoke Drive, Fitzgerald, branch of Bank South, Atlanta, Georgia -- report on competitive factors.

Submitted, December 6, 1995.Chicago DuPage Valley State Bank, Woodridge, Illinois,

proposed merger with Bridegview Interim Bank, Bridgeview, Illinois -- report on competitive factors.

Submitted, December 6, 1995.Boston Eagle Federal Savings Bank, Bristol, Connecticut,

proposed purchase of the assets and assumption of the liabilities of five branches of Shawmut Bank Connecticut, N.A., Hartford, Connecticut -- report on competitive factors.

Submitted, December 5, 1995.Richmond First Citizens Bank & Trust Company, Raleigh, North

Carolina, proposed purchase of certain assets and assumption of the liabilities of the Martinsville and Collinsville, Virginia, branches of First Union National Bank of Virginia, Roanoke, Virginia -- report on competitive factors.





COMPETITIVE FACTORS REPORTSKansas City First National Bank of Mangum, Mangum, Oklahoma,

proposed acquisition of the assets and assumption of the liabilities of the Granite, Oklahoma, branch of Farmers and Merchants Bank, Maysville, Oklahoma -- report on competitive factors.

Submitted, December 5, 1995.Boston First National Bank of Portsmouth, Portsmouth, New

Hampshire, proposed purchase of the assets and assumption of the liabilities of five branches of Shawmut BankNH, Manchester, New Hampshire -- report on competitive factors.

Submitted, December 5, 1995.Kansas City First National Bank of Unadilla, Unadilla, Nebraska,

proposed merger with Community Savings & Loan Association, Syracuse, Nebraska -- report on competitive factors.

Submitted, December 6, 1995.Kansas City First State Bank of Elwood, Elwood, Kansas, proposed

merger with Farmer*s State Bank, Lucas, Kansas -- report on Competitive factors.

Submitted, December 6, 1995.Chicago Grand National Bank, Crystal Lake, Illinois, proposed

merger with Grand National Bank, Crete; First National Bank of Niles, Niles; and Grand National Bank, Waukegan, Illinois " report on competitive factors.

Submitted, December 7, 1995.Richmond

New York

Harbor Federal Savings Bank, Baltimore, Maryland, proposed purchase of the assets and assumption of the liabilities of the Pikesville and Perry Hall, Maryland, branches of Sequoia National Bank, Bethesda, Maryland -- report on competitive factors.

Submitted, December 7, 1995.Hudson United Bank, Union City, New Jersey, proposed

merger with Growth Bank, Basking Ridge, New Jersey -- report on competitive factors.


New York




COMPETITIVE FACTORS REPORTSKansas City

Minneapolis

Kansas City

Manhattan National Bank, Manhattan, Kansas, proposed merger with Auburn National Bank, Auburn, Kansas -- report on competitive factors.

Submitted, December 6, 1995.New Bank of South Range, South Range, Michigan,

proposed merger with South Range State Bank -- report on competitive factors.

Submitted, December 8, 1995.Nickerson State Bank, Nickerson, Kansas, proposed

merger with Nickerson Bankshares, Inc. -- report on competitive factors.

Submitted, December 5, 1995.San Francisco Pacific Bank, National Association, San Francisco,

California, proposed merger with Burlingame Bank & Trust Company, Burlingame, California -- report on competitive factors.

Submitted, December 6, 1995.Boston Passumpsic Savings Bank, St. Johnsbury, Vermont,

proposed acquisition of the Main Street, Danville, Vermont, branch of The Merchants Bank, Burlington, Vermont -- report on competitive factors.

Submitted, December **, 1995.Boston People's Savings Bank of Brockton, Brockton,

Massachusetts, proposed purchase of certain assets and assumption of certain liabilities of one branch of Fleet Bank of Massachusetts, Boston, Massachusetts, and of four branches of Shawmut Bank, N.A. -- report on competitive factors.

Submitted, December 5, 1995.Kansas City Prairie State Bank, Augusta, Kansas, proposed merger

with First National Bank, Haysville, Kansas report on competitive factors.

Submitted, December 6, 1995.New York Tompkins County Trust Company, Ithaca, New York,

proposed merger with TCTC Interim Savings Bank - - report on competitive factors.





COMPETITIVE FACTORS REPORTSChicago Union Bank, Lake Odessa, Michigan, proposed

acquisition of the assets and assumption of the liabilities of the Dimondale, Michigan, branch of First of America Bank-Michigan, N.A., Grand Rapids, Michigan -- report on competitive factors.

Submitted, December 5, 1995.San Francisco Union Bank, San Francisco, California, proposed

merger with Bancal Tri-State Corporation -- report on competitive factors.

Submitted, December 8, 1995.Richmond United National Bank-South, Beckley, West Virginia,

proposed merger with United National Bank, Parkersburg, West Virginia -- report on competitive factors.

Submitted, December 8, 1995.Secretary

Secretary

Boston

University Bank & Trust, Palo Alto, California,proposed merger with Comerica Bank-California, San Jose, California -- report on competitive factors.

Submitted, December 5, 1995.Washington Mutual Bank, Seattle, Washington, proposed

merger with Western Bank, Coos Bay, Oregon -- report on competitive factors.

Submitted, December 7, 1995.Webster Bank, Waterbury, Connecticut, proposed

purchase of the assets and assumption of the liabilities of twenty branches of Shawmut Bank Connecticut, N.A., Hartford, Connecticut -- report on competitive factors.

Submitted, December 5, 1995.Women’s Bank, N.A., Denver, Colorado, proposed merger

with The Women's Bank Colorado -- report on competitive factors.


Kansas City


H . 2DECEMBER 1995 TO DECEMBER 8, 1995PAGE 13


EXTENSIONS OF TINESan Francisco BankAmerica Corporation, San Francisco, California --

extensions to divest certain properties.Granted, December 6, 1995.

Atlanta Barnett Banks, Inc., Jacksonville, Florida --extension to March 23, 1996, to engage de novo in acting as agent in the private placement of securities through Barnett Securities, Inc.

Granted, December 8, 1995.Richmond Citizens Bank of Virginia, Vienna, Virginia --

extension to July 1, 1996, to establish a branch at the Kingstowne Shopping Center, Kingstowne Boulevard and South Van Dorn Street, Alexandria, Virginia.

Granted, December 8, 1995.San Francisco Dai-Ichi Kangyo Bank, Ltd., Tokyo, Japan -- extension

to divest certain property.Granted, December 6, 1995.

Richmond

Chicago

Richmond

Elkridge Bank, Elkridge, Maryland -- extension to March 8, 1996, to merge with Laurel Federal Savings Bank, Laurel, Maryland, and establish a branch.

Granted, December 8, 1995.F&M Bancorporation, Inc., Kaukauna, Wisconsin --

extension to March 8, 1996, to acquire Peoples State Bank of Bloomer, Bloomer, Wisconsin.

Granted, December 8, 1995.FCNB Bank, Frederick, Maryland -- extension to

March 8, 1995, to acquire a branch of Laurel Federal Savings Bank, Laurel, Maryland.

Granted, December 8, 1995.Richmond FCNB Corp., Frederick, Maryland -- extension to

March 8, 1996, to merge with Laurel Bancorp, Inc., Laurel, Maryland.

Granted, December 8, 1995.Mitsubishi Bank, Ltd., Tokyo, Japan -- extension to

divest certain property.Granted, December 7, 1995.

San Francisco




EXTENSIONS OF TIMECleveland PNC Bank Corp, Pittsburgh, Pennsylvania -- extension

to March 26, 1996, to acquire Midlantic Corporation, Edison, New Jersey.

Granted, December 8, 1995.Atlanta

MEMBERSHIP

SunTrust Banks, Inc., Atlanta, Georgia, and SunTrust Banks of Florida, Inc., Orlando, Florida -- extension to April 23, 1996, to acquire Ponte Vedra Banking Corporation, Ponte Vedra, Florida, and Ponte Vedra National Bank.

Granted, December 8, 1995.

St. Louis

REGULATIONS AND POLICIES

Citizens Bank, Marion, Arkansas -- to become a member of the Federal Reserve System.


Secretary Regulation C -- staff commentary providing guidance on treatment of prequalifications, loan applications received through a broker, participations, refinancings, home-equity lines, and mergers (Docket R-0881).




ADDITIONS AND CORRECTIONS


COMPETITIVE FACTORS REPORTSSan Francisco Interim Bancorp, Inc., The Dalles, Oregon, proposed

merger with Columbia River Banking Company report on competitive factors.

Submitted, November 28, 1995.


FEDERAL RESERVE BANK OF BOSTON APPLICATIONSSECTION I - APPLICATIONS SUBJECT TO

NEWSPAPER NOTICE ONLY

ApplicationNONE

Comment Period Ending Date

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

Application Comment Period Ending Date

Community Bankshares, Newspaper 1-1-96Inc., Concord, NewHampshire - 3(a)(3) Federal Register 1-8-96application to acquire Centerpoint Bank,Bedford, New Hampshire*

SECTION I I I - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY


NONE

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

ApplicationNONE

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS

Institution Examination Date Rating**State Street Bank and 7-5-95 "S"

Trust Company 225 Franklin Street Boston, Massachusetts 02101

SECTION VI - CRA EXAMINATIONS SCHEDULED

Examinations may have to be rescheduled during the calendar quarter in which they are designated to begin. If an institution's examination is rescheduled for a date later than the end of the date range reflected in a published schedule, the institution's name will be republished in an appropriate later listing. Any comments received as a result if either the first publication or subsequent publications will be considered during the examination.

The Federal Reserve Bank of Boston does not have any institutions scheduled to be examined for CRA during the first quarter of 1996.

♦Subject to CRA.

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

Needs to


Federal Reserve Bank of New YorkComment Period

Ending Date

SECTION IApplications Subject to Newspaper __________ Notice Only___________

Growth Bank, Basking Ridge, New Jersey, to establisha branch at 32 Speedwell Ave., Morristown, New Jersey. 1/ 1/3/96

SECTION IIApplications Subject to Both

Newspaper and Federal Register NoticeNone .

SECTION IIINonbanking Applications

(subject to Federal Register Notice Only)Notice by UJB Financial Corporation, Princeton, New Jersey, to engage through its subsidiary, UJB Commercial Corporation,Stamford, Connecticut, in commercial finance andfactoring activities and leasing personal property. 12/27/95Royal Bank of Canada, Montreal, Canada, to acquire a 20 percent equity interest in MECA Software, L.L.C. and to engage in data processing and data transmission. N/ANational Bank of Greece, Athens, Greece, to engage through its subsidiary, Worthington LP, in lending and leasing activities pursuant to Section 225.25(b)(1) and (5) of Regulation Y. N/A

SECTION IVApplications Not Involving ______Public Comment______

None .SECTION V

Availability of CRA Public EvaluationsIn 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 neighborhoods, in a manner consistent with its resources and capabilities.

Week Ending December 9, 1995NAME OF BANK RATING EXAMINATION DATENone.

SECTION VICRA Examinations Scheduled to Begin in First Quarter 1996

Examinations may have to be rescheduled during the calendar quarter in which they are designated to begin. If an institution's examination is rescheduled for a date later than the end of the date range reflected in the published schedule, as shown above, the institution's name will be republished in an appropriate later listing. Any comments received as a result of either the first publication or subsequent publications will be considered during the examination. Comments should be sent to the attention of: Ms. Assunta Muglia, Examining Officer, Federal Reserve Bank of New York, 33 Liberty Street, New York, NY 10045.The Bank of New York Bank of Cattaraugus48 Wall Street 24 Main StreetNew York, New York 10286 Cattaraugus, New York 14719-0007The Bank of New York (NJ) Tioga State Bank385 Rifle Camp Road One North Main StreetWest Paterson, New Jersey 07424 Spencer, New York 14883-0386Bank of Avoca Bank of Smithtown18 North Main Street One East Main StreetAvoca, New York 14809-0009 Smithtown, New York 11787-0456

1/ Subject to provisions of Community Reinvestment Act.2J Later of dates specified in newspaper and Federal Register notices. 3/ Date specified in newspaper notice; a later date may be specified in

the Federal Register notice.4/ Date specified in Federal Register notice; a later date may be

specified in the newspaper notice.N/A - Not Available


FEDERAL RESERVE BANK OF PHILADELPHIA

Section I - APPLICATIONS RECEIVED AND SUBJECT TO NEWSPAPER NOTICE ONLYNONE

SECTION II - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTERNOTICE

Drovers Bancshares Corporation, York, PA, is the subject of a Change in Bank Control filed by Robert H. Stewart, Jr*, Karylee Gilbert, Terrence S* Stewart, and Gary A. Stewart, et al*, York, PA, to retain control of up to 15% of the holding company, pursuant to the Change in Bank Control Act.

Federal Register comment period expires: 11/27/95Newspaper Notice comment period expires: N/Avail

Norwood Financial Corp., Honesdale, PA to become a bank holding company through the acquisition of 100% of the voting shares of Wayne Bank, Honesdale, PA, pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956, as amended.

Federal Register comment period expires: 12/11/95Newspaper Notice comment period expires: 12/26/95*

♦Applicant will republish with a comment period of 30 days•New Century Bank, Phoenixville, PA, is the subject of a Change in Bank Control filed by Kenneth B. Mumma and Moira F. Mumma, Chester Springs, PA, to acquire control of up to 27.5% of the proposed bank, pursuant to the Change in Bank Control Act.

Federal Register comment period expires: N/AvailNewspaper Notice comment period expires: N/Avail

Fulton Financial Corporation, Lancaster, Pennsylvania to acquire Gloucester County Bankshares, Inc., Woodbury, New Jersey, pursuant to Section 3(a)(5) of the Bank Holding Company Act of 1956, as amended.

Federal Register comment period expires: N/AvailNewspaper Notice comment period expires: N/Avail

SECTION III - APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL REGISTER NOTICE ONLYSummit Bancorp, Inc., Johnstown, Pennsylvania ("Notificant") to acquire Cambria Thrift Consumer Discount Company, Ebensburg, PA ("Cambria Company") and to engage in the activity of making and servicing loans as a consumer finance company, pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956, as amended, and Section 225.25(b)(1)(i) of Regulation Y. In connection with this acquisition, Notificant also seeks permission to establish a new non-banking subsidiary, Value Finance Company, Johnstown, PA, which will engage in the afoementioned activity through Cambria Company. (Section 346 Notice).

Federal Register comment period expires: 12/28/95SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL REGISTER NOTICE OR

NEWSPAPER NOTICENONE


FEDERAL RESERVE BANK OF PHILADELPHIA


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 December 8, 1995.Identification of RatingsIn connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following groups:Outstanding record of meeting community credit needs.An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities.Satisfactory record of meeting community credit needs.An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate- income neighborhoods, in a manner consistent with its resources and capabilities.Needs to improve record of meeting community credit needs.An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources andcapabilities.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 andcapabilities.

Bank/Location Examination Date CRA RatingNONE NONE NONE


SECTION VI CRA EXAMINATIONS SCHEDULED(January 1, 1996 'through March 31, 1996)

Examinations may have to be rescheduled during the calendar quarter in which they are designated to begin. If an institution's examination is rescheduled for a date later than the end of the date range reflected in a published schedule, the institution's name will be republished in an appropriate later listing. Any comments received as a result of either the first publication or subsequent publications will be considered during the examination.

BANK/LOCATIONTwin Rivers Community Bank 2951 William Penn Highway Easton, PaFounders Bank101 Bryn Mawr AvenueBryn Mawr, PaDauphin Deposit 213 Market Street Harrisburg, PaBryn Mawr Trust 801 Lancaster Avenue Bryn Mawr, Pa


F e d e r a l R e s e r v e B a n k o f C l e v e l a n d

P. 0. BOX 6387CLEVELAND, OHIO 44101-1387

APPLICATIONS BULLETIN (For the week ending December 9, 1995)

SECTION I - APPLICATIONS SUBJECT TO NEW SPAPER NOTICE ONLYReceived prior notice by The Provident Bank, Cincinnati, *December 25, 1995Ohio, on December 5, 1995, of its intent to establish a branch facility at 1701 Llanfair Avenue, Cincinnati, Ohio.Received applications from Fifth Third Bank Cincinnati, *January 2, 1996Ohio, and The Fifth Third Bank of Columbus,Columbus, Ohio, on December 4, 1995, of their intent to acquire select offices of NBD Bank, Columbus, Ohio, and incident thereto establish branch facilities.SECTION n - APPLICATIONS SUBJECT TO BOTH NEW SPAPER AND FEDERAL

REGISTER NOTICENONE

SECTION m - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLYNONE

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

NONE

* - Subject to CRAN - Newspaper Comment Period F - Federal Register Comment Period# - Expected to End 30 Days from Date of Receipt


AVAILABILITY OF CRA PUBLIC EVALUATIONS(December 8, 1995)

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 December 8, 1995. 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 low- and 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 moderate-income neighborhoods, in a manner consistent with its resources and capabilities.

SUBSTANTIAL NON COMPLIANCE: a bank in this group has a substantiallydeficient 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.NONE


F e d e r a l R e s e r v e B a n k o f C l e v e l a n d

P. O. BOX 6387CLEVELAND, OHIO 44101-1387

CRA Examinations Scheduled First Quarter 1996

Examinations may have to be rescheduled during the calendar quarter in which they are designated to begin. If an institution’s examination is rescheduled for a date later than the end of the date range reflected in a published schedule, the institution’s name will be republished in an appropriate later listing. Any comments received as a result of either the first publication or subsequent publications will be considered during the examination.

Bank One28 Park Avenue, West Mansfield, Ohio 44902The Custar State Bank P.O. Box 127 Custar, Ohio 43511The Com City State Bank 120 West Main Street Deshler, Ohio 43516

123 Market Street Box 1117Piqua, Ohio 45356-1117Union Bank & Savings Company 1 Union Square Box 150Bellevue, Ohio 44811The Ohio Bank 236 South Main Box 300Findlay, Ohio 45839Cortland Banks 194 West Main Street Cortland, Ohio 44410

Minster State Bank 96 West Fourth Street Box 90Minster, Ohio 45865Fayette Bank58 West Main StreetUniontown, Pennsylvania 15401-3303The Bank of Coming Company North Valley Street Box 428Coming, Ohio 43730The Fifth Third Bank of Western Ohio


Section I - Applications Subject to Newspaper Notice Only

F e d e ra l Reserve Bank o f Richmond


Miners and Merchants Bank and Trust Company, Grundy, Virginia, to establish a branch on U. S. Route 460 at Oakwood,Virginia.* 12-23-95

Chesapeake Bank, Kilmarnock, Virginia, to establish a branch at the intersection of Route 5 and Ironbound Road, Williamsburg(James City County), Virginia.* 12-30-95

Centura Bank, Rocky Mount, North Carolina, to merge with First Commercial Bank, Asheville,North.Carolina.* 1-6-96

Virginia Heartland Bank, Fredericksburg,Virginia, to establish a branch at 12115Andora Drive, Fredericksburg, Virginia.* 1-10-96

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


Centura Banks, Inc., Rocky Mount, North Carolina, to merge with First CommercialHolding Company, Asheville, North Carolina.* 1-6-96

Stone Street Bancorp, Inc., Mocksville, North Carolina, to become a bank holding company through the acquisition of 100% of the voting shares of Mocksville Savings Bank, Inc., SSB,Mocksville, North Carolina.* 1-8-96**

Section III - Applications Subject to Federal Register Notice


Southern National Corporation, Winston- Salem, North Carolina, to engage in making, acquiring, or servicing loans or otherextensions of credit. 12-22-95**

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



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

Application

None.



Section V - Availability of CRA Public Evaluations

Week ending December 8, 1995

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 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.

Examination Date____ Rating

F & M Bank-Hallmark 6810 Commerce Street Springfield, Virginia 22150-2601 9-18-95 Satisfactory

Farmers & Merchants Bank 205 South Main Street Timberville, Virginia 22853-9521 9-18-95 Satisfactory

Greenwood Bank and Trust 109 Montague StreetGreenwood, South Carolina 29649-1934 9-26-95 Satisfactory



Section VI - CRA Examinations Scheduled for First Quarter of 1996

Examinations may have to be rescheduled during the calendar quarter in which they are designated to begin. If an institution's examination is rescheduled for a date later than the end of the date range reflected in published schedule, the institution's name will be republished in an appropriate later listing.Any comments received as a result of either the first publication or subsequent publications will be considered during the examination.

Farmers Bank of Maryland, Annapolis, Maryland First Virginia Bank-Central Maryland, Bel Air, Maryland The Forest Hill State Bank, Bel Air, Maryland Commercial and Farmers Bank, Ellicott City, Maryland Elridge Bank, Elridge, Maryland Atlantic Bank, Ocean City, MarylandFirst Virginia Bank-Maryland, Upper Marlboro, Maryland

The Caroline County Bank, Greensboro, North Carolina Centura Bank, Rocky Mount, North Carolina

Highlands Union Bank, Abingdon, VirginiaThe Farmers Bank of Appomattox, Appomattox, VirginiaBig Stone Gap Bank & Trust Company, Big Stone Gap, VirginiaBank of Hampton Roads, Chesapeake, VirginiaFirst Community Bank, Forest, VirginiaPeninsula Trust Bank, Inc., Gloucester, VirginiaPiedmont Trust Bank, Martinsville, VirginiaBank of McKenney, McKenney, VirginiaHeritage Bank, McLean, VirginiaThe Horizon Bank of Virginia, Merrifield, VirginiaThe Farmers & Merchants Bank of Craig County, New Castle, VirginiaHeritage Bank and Trust, Norfolk, VirginiaFirst Sentinel Bank, Richlands, VirginiaCommerce Bank of Virginia, Richmond, VirginiaConsolidated Bank & Trust Co., Richmond, VirginiaSignet Bank, Richmond, VirginiaThe Commonwealth Bank, Richmond, VirginiaProsperity Bank & Trust, Springfield, VirginiaBank of Suffolk, Suffolk, VirginiaBank of Tazewell County, Tazewell, VirginiaThe Bank of Tidewater, Virginia Beach, VirginiaFirst Commonwealth Bank, Wise, Virginia

The Traders Bank, Spencer, West VirginiaOne Valley Bank, Summerville, West VirginiaThe Capon Valley Bank, Wardensville, West Virginia


F edera l Reserve Bank o f A t la n taA p p lic a t io n s B u l le t in f o r Week Ending December 8, 1995

Section 1 - Applications Subject to Newspaper Notice OnlyApplication Comment Period Ending DateFirst Southern Bank 11-18-95*Boca Raton, Florida

To establish a branch located at 1750 University Drive, Suite 101, Coral Springs, Florida, pursuant to Section 9 of the Federal Reserve Act.SunTrust Bank 12-24-95*Atlanta, GeorgiaTo establish a branch located at 2675 North Decatur Road, Suite 114, Decatur, Georgia, pursuant to Section 9 of the Federal Reserve Act.Community Bank of Mississippi Not yet available*Forest, Mississippi

To acquire certain assets and assume certain liabilities of the Hinds and Rankin County Branches of Community Bank, Indianola, Mississippi, pursuant to Section 18(c) of the Federal Deposit Insurance Act. The branches are the Crossgates Branch, located at 110 Service Drive, Suite A, Brandon, Mississippi; the Lakeland Branch, located at 3500 Lakeland Drive, Suite A, Flowood, Mississippi; and the Old Canton Road Branch, located at 6258 Old Canton Road, Jackson, Mississippi.

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

Application Comment Period Ending DateEvergreen Bancshares, Inc. 11-24-95*

Tallahassee, Florida Federal RegisterChange in control filed by Mr. David Andrew Barrett to acquire an additional 4.7 percent of the outstanding shares of Evergreen Bancshares, Inc., Tallahassee, Florida. Total ownership will equal 29.5 percent.FABP Bancshares, Inc. Not yet available*

Pensacola, Florida1-BHC formation, First American Bank of Pensacola, National Association, Pensacola, Florida.Whitney Holding Corporation Not yet available*

Pensacola, FloridaTo merge with First Citizens BancStock, Inc., Morgan City, Louisiana, and thereby directly acquire First National Bank in St. Mary Parish, Morgan City, Louisiana, pursuant to Section 3(a)(5) of the Bank Holding Company Act.Central and Southern Holding Company Not yet available*

Milledgeville, GeorgiaTo convert one of its two bank subsidiaries, Central and Southern Bank of Greensboro, Greensboro, Georgia, into a savings association and thereby engage de novo in operating a savings association, pursuant to Section 225.25(b)(9) of Regulation Y and Section 4(c)(8) of the Bank Holding Company Act. The transaction will be accomplished through the merger of Central and Southern Bank of Greensboro into Central and Southern Bank of North Georgia, Greensboro, Georgia, an interim thrift subsidiary of Notificant. Company will survive the merger and operate under the name Central and Southern Bank of North Georgia.Community Bancshares of Mississippi, Inc. 12-21-95*

Forest, Mississippi Federal RegisterTo acquire 51 percent of the outstanding shares of Coast Community Bank, Biloxi, Mississippi (in organization), pursuant to Section 3(a)(3) of the Bank Holding Company Act.

Section 3 - Applications Subject to Federal Register Only Application Comment Period Ending DateNone.

♦Subject to the provisions of the Community Reinvestment Act.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis


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

Application None.


Federal Reserve Bank of AtlantaApplications Bulletin for Week Ending December 8, 1995

Section 6 - CRA Examinations ScheduledExaminations may have to be rescheduled during the calendar quarter in which they are designated to begin. If an institution's examination is rescheduled for a date later than the end of the date range reflected in a published schedule, the institution's name will be republished in an appropriate later listing. Any comments received as a result of either the first publication or subsequent publications will be considered during the examination.BankThe Peoples Savings Bank Post Office Box 269 Clanton, Alabama 35045Indian Rocks State Bank Post Office Box 7Indian Rocks Beach, Florida 34635Merchants Bank820 South StreetVicksburg, Mississippi 39180Bank of St. Petersburg 777 Pasadena Avenue South St. Petersburg, Florida 33707First Central BankPost Office Box 41250St. Petersburg, Florida 33743First Independent Bank of Florida Post Office Box 08009 Fort Myers, Florida 33908PanAmerican Bank 888 Brickell Avenue Miami, Florida 33131Southeastern Bank of Florida Post Office Box 1810 Alachua, Florida 32615

Merchants & Farmers Bank of Greene County Post Office Box 568 Eutaw, Alabama 35462American Bank and Trust of Polk County Post Office Box 3400 Lake Wales, Florida 33859Mobile County Bank Post Office Box 327 Grand Bay, Alabama 36541The Peoples Bank and Trust Company Post Office Box 799 Selma, Alabama 36702First United Bank980 North Federal HighwayBoca Raton, Florida 33432



Section 6 - CRA Examinations Scheduled

BankFirst American Bank of Indian River County4000 20th StreetVero Beach, Florida 32960Bank of Madisonville Post Office Box 547 Madisonville, Tennessee 37354Barnett Bank of Volusia County 230 North Woodland Blvd DeLand, Florida 32720Barnett Bank of Nassau County520 Centre StreetFernandina Beach, Florida 32034Barnett Bank of Northwest Florida 189 Eglin Parkway, N.E.Fort Walton Beach, Florida 32548Barnett Bank of North Central Florida 150 W. Madison Street Lake City, Florida 32056Barnett Bank of West Florida 100 West Garden Street Pensacola, Florida 32501Barnett Bank of The St. JohnsPost Office Drawer 1929St. Augustine, Florida 32085Barnett Bank of Tallahassee 315 South Calhoun Street Tallahassee, Florida 32314Barnett Bank of Southwest Georgia Post Office Box 1497 Columbus, Georgia 31993Bank of Adairsville Post Office Box 405 Adairsville, Georgia 30103Compass Bank 76 Laura Street Jacksonville, Florida 32202Southwest Georgia Bank 201 First Street Moultrie, Georgia 31768Guaranty Bank & Turst Company Post Office Box 618 Venice, Florida 32484Dadeland BankPost Office Box 560785Miami, Florida 33156



Section 6 - CRA Examinations Scheduled

BankJefferson Bank2412 North State Road 7Lauderdale Lakes, Florida 33313Jefferson Bank of Florida301 41st StreetMiami Beach, Florida 33140Southtrust Bank of West Florida 150 Second Avenue North, Suite 300 St. Petersburg, Florida 33701Citizens First Bank of Ocala Post Office Box 548 Ocala, Florida 34478

Section 10 - Availability of CRA Public Evaluations

The CRA public evaluations of the insured depository institutions listed below became available during this week. Information about an institution's CRA evaluation may be obtained directly from the institution. In connection with the assessment of an institution's CRA performance, a rating is assigned from the following groups:Outstanding record of meeting community credit needs: An institution has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate- income neighborhoods, in a manner consistent with its resources and capabilities

S a t i s f a c t o r y 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.

ExaminationBank Rating DateCentral Bank Satisfactory 08-04-95Post Office Box 521599 Miami, Florida 33152 (305)592-6641



Recently Approved Applications Acoroval DateFirstFed Bancorp, Inc. 12-07-95

Bessemer, Alabama1-BHC formation, First State Bank of Bibb County, West Blocton, Alabama.FirstFed Bancorp, Inc. 12-08-95

Bessemer, AlabamaTo retain ownership of First Federal Savings Bank, Bessemer, Alabama, and thereby engage in operating a savings association, pursuant to Section 225.25(b)(9) of Regulation Y and Section 4(c)(8) of the Bank Holding Company Act.First Southern Bank 12-08-95

Boca Raton, FloridaTo establish a branch located at 1750 University Drive, Suite 101, Coral Springs, Florida, pursuant to Section 9 of the Federal Reserve Act.Quantum Capital Corp. 12-06-95

Sne11vilie, Georgia1-BHC formation, Quantum National Bank, Suwanee, Georgia (in organization)


APPLICATIONS BULLETINFederal Reserve Bank of Chicago

The Applications Bulletin identifies:(1) final applications received by the Federal Reserve Bank of Chicago during the week ending

December 8. 1995 which are not subject to Federal Register or Newspaper notice;(2) final applications being processed by the Federal Reserve Bank of Chicago, which are

subject to Federal Register and/or Newspaper notice with comment periods ending during or after the week ending December 8, 1995. or with comment periods which are unknown at this time;

(3) Community Reinvestment Act (CRA) Ratings for state member banks whose CRA examinations become publicly available during the week ending December 8. 1995.

This Applications Bulletin is published weekly as a courtesy of the Federal Reserve and does not constitute notice of these applications.

If members of the public want to comment on an application, comments must be received by the Federal Reserve on or before the last day of the comment period. The comment period ends no earlier than the date specified in the newspaper notice and, in the case of bank holding company applications for which a Federal Register notice is published, may end later than that date. If you have any questions concerning procedures that should be followed in commenting on an application, you may contact Alicia Williams, Assistant Vice President at the Federal Reserve Bank of Chicago at 230 South LaSalle Street, Chicago, Illinois 60690 (312) 322-5910.

If you cannot submit your comments by the end of the time period, you may request an extension of time by contacting the Secretary of the Federal Reserve Board, Washington, D. C. 20551. Your request for an extension of time must be received no later than the last date of the comment period and should explain why you are unable to submit your comments on time. You will find more information on how to request additional time in the Code of Federal Regulations ("CFR") at 12 CFR #262.25(B) (as revised, Press Release (January 31, 1984), 49 Federal Register 5603 (February 14, 1984)).

For information on the Board’s policy concerning the holding of public meetings, please see the Board’s Policy Statement of Handling Protested Applications, 12 CFR #262,25® and (D) (1984). The procedure for requesting hearing can be found at 12 CFR #262.3(e). You may wish to consult A Citizens Guide to CRA. published by the Federal Financial Institutions Examination Council.

Please note that public comment periods may expire without being published in the Applications Bulletin. Individuals interested in comment periods pertaining to a particular application are encouraged to contact Medelyn Cabriga, Applications Division at (312) 322-6145.


Federal Reserve Bank of Chicago

Type

EFT

EFT

EFT

EFT

EFT

EFT

EFT

Branch


Application

M&I First American Bank Wausau, Wisconsin

200 3rd Street Wausau, Wisconsin

M&I Mid State Bank Stevens Point, Wisconsin

1000 East Riverview Express Wisconsin Rapids, Wisconsin

M&I Marshall & Ilsley Bank Milwaukee, Wisconsin

2523 East Oklahoma Avenue Milwaukee, Wisconsin

M&I Central Bank & Trust Marshfield, Wisconsin

10492 Hwy 13 South Marshfield, Wisconsin


7700 West Brown Deer Road Brown Deer, Wisconsin


5300 South 76 Street Greendale, Wisconsin


2900 West Oklahoma Avenue Milwaukee, Wisconsin

M&I First American Bank 10208 Park Plaza, Suite B Mosinee, Wisconsin

NP - 12-8-95

NP - 12-8-95

NP - **

NP _ **

NP _ **

NP - **

NP - **

NP - **

Comment PeriodEnding Date



TygeMerger/Branches

Y-l Notice

Section I - Applications Subject to Newspaper Notice Only Continued

Comment PeriodApplication Ending DateFirstar Bank Minocqua NP - **Minocqua, Wisconsin

Firstar Bank Madison, N.A.Madison, Wisconsin Firstar Bank Wausau, N.A,Wausau, WisconsinFirstar Bank Grantsburg, N.A.Grantsburg, Wisconsin Firstar Bank Eau Claire, N.A.Eau Claire, Wisconsin Firstar Bank Rice Lake, N.A.Rice Lake, Wisconsin Firstar Bank Manitowoc

Manitowoc, Wisconsin Firstar Bank Oshkosh, N.A.Oshkosh, Wisconsin Firstar Bank Green Bay Green Bay, Wisconsin Firstar Bank Fond du Lac, N.A.Fond du Lac, Wisconsin Firstar Bank Sheboygan, N.A.Sheboyan, Wisconsin Firstar Bank Appleton Appleton, Wisconsin and thereby establish 54 branches

Newell Bancshares, Inc. NP - 12-7-95Newell, Iowa

First Community Bank Newell, Iowa

Branch Harris Trust and Savings Bank 6536 N. Sheridan Road Chicago, Illinois

NP _ **



Y-lType

Y-2

Y-2

Y-l

Y-2

Y-l

Y-l

Section II - Applications Subject to Both Newspaper and FederalRegister Notice

ApplicationCJSB Bancorporation Columbus Junction, Iowa

Columbus Junction State Bank Columbus Junction, Iowa*

WFC, Inc.Waukon, Iowa

Viking State Bank & Trust Decorah, Iowa (in organization)*

F & M Bancorporation, Inc.Kaukauna, Wisconsin

Monycor Bancshares, Inc.Superior, Wisconsin Monycor Bank of Superior Superior, Wisconsin*

West Pointe Bancshares, Inc.Oshkosh, Wisconsin

West Pointe BankOshkosh, Wisconsin (in organization)*

ISB Financial Corp.Iowa City, Iowa

W.S.B. Inc.Washington, Iowa Washington State Bank Washington, Iowa*

Storm Lake Security Bancorporation Storm Lake, Iowa

Security Trust & Savings Bank Storm Lake, Iowa*

Crestmark Bancorp, Inc.Bloomfield Hills, Michigan

Crestmark Bank (in organization) Troy, Michigan*

NP - 12-22-95 FR - 12-22-95


FR - 11-24-95 NP - 12-15-95

FR - 12-7-95 NP - 11-27-95

FR - 12-22-95 NP - 12-18-95

FR - 12-11-95 NP - 12-8-95

FR - 1-9-96N P - **

PR _ ** N P _ **


Federal Reserve Bank of ChicagoSection II - Applications Subject to Both Newspaper and

Register Notice Continued

ApplicationOelwein Bancorporation Minneapolis, Minnesota

Lakeside Credit Co., Inc. Minneapolis, Minnesota First Trust and Savings Bank Cedar Rapids, Iowa*

FNB Financial Corporation Three Rivers, Michigan

First National Bank of Three Rivers Three Rivers, Michigan*

Reliance Bancshares, Inc.Milwaukee, Wisconsin

Reliance Savings Bank Milwaukee, Wisconsin*

Chemical Financial Corporation Midland, Michigan

State Savings Bancorp, Inc.Caro, MichiganState Savings Bank of CaroCaro, Michigan*

First Decatur Bancshares, Inc. Decatur, Illinois

First Shelby Financial Group, Inc. Shelbyville, Illinois First Trust Bank of Shelbyville Shelbyville, Illinois*

Federal

FR - 12-4-95 NP - 12-21-95


FR - 12-22-95 NP - 12-15-95

FR - 12-21-95 NP - 12-18-95

FR - 1-2-96N P . **

FR - 1-2-96_ **



TypeY-l

Y-2

COC-HC

Section II - Applications Subject to Both Newspaper and FederalRegister Notice

Continued

ApplicationAssociated Banc-Shares, Inc.Madison, Wisconsin

SBL Capital Bank Shares, Inc.Lodi, Wisconsin State Bank of Lodi Lodi, Wisconsin*

Associated Banc-Corp Green Bay, Wisconsin

SBL Captial Bank Shares, Inc.Lodi, Wisconsin State Bank of Lodi Lodi, Wisconsin*

Spencer Bancorporation, Inc.Spencer, Wisconsin

Spencer Bancorporation, Inc.Employee Stock Ownership Plan and Trust Spencer, Wisconsin


FR - 1-8-96 N p - **

FR - 1-8-96 N P - **

PR - ** jsjp . **



4(c)(8)

4(c)(8)

4(c)(8)

4(c)(8)

4(c)(8)

Type

Section III - Applications Subject to Federal Register Notice Only

ApplicationCaisse Nationale de Credit Agricole S.A.Paris, France

to provide investment and financial advisory services; engage in brokerage of various swap and swap derivative transaction and provide certain other financial services to Institutional customers through CAL FP (US), Inc.,New York, New York, a de novo subsidiary of Credit Agricole Lazard Financial Products Bank

Old Kent Financial Corporation Grand Rapids, Michigan

Republic Mortgage Corp.Salt Lake City, Utah

to engage in residential and commercial mortgage banking business

Reliance Bancshares, Inc.Milwaukee, Wisconsin

to engage in making and servicing loansPremier Financial Services, Inc.Freeport, Illinois

Premier Insurance Services, Inc.Warren, Illinois

to engage in general insurance agency activitiesShorebank Corporation Chicago, Illinois

to consolidate the Austin Labor Force Intermediary Chicago, Illinois, into The Neighborhood Institute and thereby engage in making equity & debt investments in corporations or projects designed primarily to promote community welfare

FR - 12-29-95


F R - 12-11-95

FR - 12-21-95

FR - 12-12-95

FR - 12-27-95


Section IV - Applications Not Subject to Federal Register or Newspaper NoticeFederal Reserve Bank of Chicago

ROSType

ROS

NFR -*

5jC

ApplicationNorthern Trust Corporation Chicago, Illinois

to redeem its 6.25% cumulative convertible perferred stock, Series E

Nichols Bancorp, Incorporated Nichols, Wisconsin to redeem 119 shares of cumulative preferred stock

Newspaper Federal RegisterSubject 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 3O-day business day period the bank has to make the evaluation public has lapsed during the week ending December 08, 1995. 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 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 RATINGS

-First State Bank 418 Sand Street Churdan, Iowa 50050 (515) 389-3222 9/05/95 S

-Villa Grove State Bank Ten North Main Street Villa Grove, Illinois (217) 832-2631

61956-00278/28/95 S


Federal Reserve Bank of ChicagoFirst Quarter 1996

Examinations may have to be rescheduled during the calendar quarter in which t ^ are d e s i ^ t J d to begin. If an institution's examination is rescheduled for a date later than the end of the date range reflected in a published schedule, the institution's name will be republished in an appropriate later listing. Any comments received as a result of either the first publication or subsequent publications will be considered during the examination.

1. M&I Marshall & Ilsley Bank Milwaukee, Wisconsin2. McHenry State Bank McHenry, Illinois3. The State Bank of Coloma Coloma, Michigan4. Blissfield State Bank Blissfield, Michigan5. First State Bank of Maple Park Maple Park, Illinois6. The State Bank of Geneva Geneva, Illinois7. Community State Bank Avilla, Indiana8. Westby-Coon Valley State Bank Westby, Wisconsin9. The Auburn State Bank Auburn, Indiana10. Lapeer County Bank & Trust Co. Lapeer, Michigan11. The Friendship State Bank Friendship, Indiana12. Security Savings Bank Famhamville, Iowa13. Linden State Bank Linden, Indiana14. 1st Source Bank South Bend, Indiana15. New Asia Bank Chicago, Illinois16. First State Bank Manchester, Iowa17. St. Ansgar State Bank St. Ansgar, Iowa18. Bank of Lenawee Adrian, Michigan19. Hendricks County Bank & Trust Company Brownsburg, Indiana20. Bank of Brodhead Brodhead, Wisconsin21. Central State Bank Elkader, Iowa22. Iowa State Bank and Trust Company Fairfield, Iowa23. Chemical Bank Bay Area Bay City, Michigan24. Farmers State Bank of Western Illinois New Windsor, Illinois25. Security Bank Marshalltown, Iowa26. Tri-County Bank Brown City, Michigan27. Security Trust & Savings Bank Storm Lake, Iowa28. Security State Bank Hartley, Iowa29. The Farmers Bank of Mt. Pulaski Mount Pulaski, Illinois30. Onsted State Bank Onsted, Michigan31. Templeton Savings Bank Templeton, Iowa32. Villa Park Trust & Savings Bank Villa Park, Illinois33. M&I Bank of Burlington Burlington, Wisconsin34. Bank One, Bloomington-Normal Bloomington, Illinois35. Huron Community Bank East Tawas, Michigan36. State Bank of Caledonia Caledonia, Michigan37. Farmers State Bank of Breckenridge Breckenridge, Michigan38. Citizens Commercial & Savings Bank Flint, Michigan


Federal Reserve Bank of St. LouisFOR THE WEEK ENDING DECEMBER 8, 1995

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 4(c)(8) notification by Union Planters Corporation, Memphis, Tennessee, to acquire Valley Federal Savings Bank, Sheffield, Alabama.

♦Section 3(a)(5) application by Magna Group, Inc., St. Louis, Missouri, to acquire River Bend Bancshares, Inc., East Alton, Illinois.

♦Section 3(a)(5) application by CCB Bancorp, Santa Ana, California, to acquire QCB Bancorp, Long Beach, California (both BHCs are subsidiaries of First Banks, Inc., St. Louis, Missouri).

Change in control notification involving Paducah Bank Shares, Inc., Paducah, Kentucky, by Joseph H. Framptom.

Newspaper: 12-30-95

Newspaper: 12-30-95

Newspaper: 1-7-96

Not yet available

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application End of Comment Period

None.


Ap pIication End of Comment Period

None.

♦This application is subject to CRA.


FEDERAL RESERVE BANK OF ST. LOUISSt. Louis, Missouri

AVAILABILITY OF CRA PUBLIC DISCLOSURESIdentification of Ratings:

Outstanding record of meeting community credit needs

A n institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs o f its entire delineated community, including low - and moderate-income neighborhoods, in a manner consistent with its resources and capabilities.

Satisfactory record of 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 of 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 noncompliance 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 December 8, 1995

Name of Bank Bank Address ExaminationDate

ExaminationRating

Charter State Bank P.0. Box 2000 Beebe, AR 72012

5-22-95 Satisfactory




Farmers Bank & Trust Company, Blytheville, Arkansas First Bank of Arkansas, Jonesboro, Arkansas First State Bank of St. Peter, St. Peter, Illinois Teutopolis State Bank, Teutopolis, Illinois PNC Bank, Kentucky, Inc., Louisville, Kentucky The Callaway Bank, Fulton, Missouri Farmers & Merchants Bank, Hannibal, Missouri Citizens Bank of New Haven, New Haven, Missouri Belgrade State Bank, Potosi, Missouri


FEDERAL RESERVE BANK OF MINNEAPOLISSection I - Applications Subject to

Newspaper Notice Only

Application

M&I Community State Bank, Eau Claire, Wisconsin, to establish a branch (ATM) in Menomonie, Wisconsin.

FEDERAL RESERVE BANK OF MINNEAPOLISSection II - Applications Subject to Both

Newspaper and Federal Register Notice

Application

Crosstown Holding Company, Ham Lake,Minnesota, to acquire by merger 100% of the voting shares of Balaton Agency, Inc.,Balaton, Minnesota.

Private Bancorporation, Inc., Minneapolis,Minnesota , to acquire 100% of the voting shares of Private Bank Minnesota, Minneapolis, Minnesota.

Dennis Christenson, Richard Wartman, Eugene Halker, Laura Halker, and Halker Joint Revocable Trust, to acquire control of 92.82% of the voting shares of U.P. Financial, Inc., Ontongon, Michigan.


December 12, 1995


December 26, 1995 (Federal Register)

December 11, 1995 (Federal Register)

Not yet availiable

♦Subject to CRA


FEDERAL RESERVE BANK OF MINNEAPOLISSection III - Applications Subject to Federal Register Notice Only

Comment Period Ending DateApplication

Norwest Corporation, Minneapolis, Minnesota, December 28, 1995to engage de novo in issuing commercial and standby letters of credit related to customers of The Foothill Group, Los Angeles,California, and issuing shipping guarantees.

FEDERAL RESERVE BANK OF MINNEAPOLISSection IV - Applications Not Subject to

Federal Register Notice or Newspaper Notice

Application

NONE.


FEDERAL RESERVE BANK OF MINNEAPOLISSection V - Availability of

CRA Public Evaluations week ending December 8, 1995

ASSIGNMENT OF RATING

Identification of Ratings

In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following groups:

OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.

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

SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.

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

NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.

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

SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.

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

BANK (S) EXAMINED

Belt Valley Bank P.0. Box 196 Belt, Montana 59412-0196 (406)277-3314

Dacotah BankP.O. Box 248Faulkton, South Dakota57438-0248(605)598-6211

DATE OF EXAMINATION CRA RATING

September 5, 1995 Satisfactory

September 12,1995 Satisfactory


Federal Reserve Bank of MinneapolisSection VI - CRA Examinations

Scheduled to Begin in the Period January 1, 1996 - March 31, 1996

Examinations may have to be rescheduled during the calendar quarter in which they are designed to begin. If an institution's examination is rescheduled for a date later than the end of the date range reflected in a published schedule, the institution's name will be republished in an appropriate later listing. Any comments received as a result of either the first publication or subsequent publications will be considered during the examination. Written comments regarding the CRA performance of these institutions should be directed to Ms. Jacquelyn Brunmeier at the Federal Reserve Bank of Minneapolis, Banking Supervision Department, P.0. Box 291, Minneapolis, MN 55480-0291.

Bank Name City StateThe Clinton State Bank Clinton MinnesotaVictoria State Bank Victoria MinnesotaWadena State Bank Wadena MinnesotaYellowstone Bank, Absarokee, Montana Absarokee MontanaCheyenne Western Bank Ashland MontanaStockmens Bank Cascade MontanaThe Citizens State Bank of Choteau Choteau MontanaYellowstone Bank, Columbus, Montana Columbus MontanaFlint Creek Valley Bank Philipsburg MontanaFirst Citizens Bank of Poison Poison MontanaRonan State Bank Ronan Montana1st United Bank of Sidney Sidney MontanaFarmers State Bank Victor MontanaWestern Bank of Wolf Point Wolf Point MontanaDakota Western Bank Bowman North DakotaDacotah Bank Aberdeen South DakotaState Bank of Alcester Alcester South DakotaFarmers State Bank Faith South DakotaFarmers and Merchants Bank Huron South DakotaBank of Lemmon Lemmon South DakotaDacotah Bank Mobrkfge South Dakota


Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONT,Y APPLICATION COMMENT PERIOD ENDING DATE

Bank of Papillion, Papillion, Nebraska, for prior Not Availableapproval to establish a branch facility at 2708/2710 South 114th Street, Omaha, Nebraska.Exchange Bank of Missouri, Fayette, Missouri, for Not Availableprior approval to become a member of the Federal Reserve System.

SECTION II - APPLICATIONS SUBJECT TO BOTH NEW SPAPER AND FEDERAL REGISTER NOTICE

APPLICATION COMMENT PERIOD ENDING DATE

Sooner Southeast Bankshares, Inc., Bristow, Not AvailableOklahoma, for prior approval to acquire 21.6 percent of the voting shares of Farmers Exchange Bank,Antlers, Oklahoma.*FirstBank Holding Company of Colorado, Lakewood, Not AvailableColorado, for prior approval to acquire 100 percent of the voting shares of The Bank of Douglas County,Castle Rock, Colorado.*Baxter Bancshares, Inc., Baxter Springs, Kansas, for January 10, 1996prior approval to become a bank holding companythrough the acquisition of 100 percent of the votingshares of The Baxter State Bank, Baxter Springs, and24.99 percent of the voting shares of People’sNational Bank, Seneca, Missouri (in organization).*

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLYAPPLICATION COMMENT PERIOD ENDING DATE

First Community Bancshares, Inc., Knob Noster, December 29, 1995Missouri, for prior approval to engage de novothrough its subsidiary, First Mortgage Co., KnobNoster, Missouri, in the sale of credit-related life andaccident and health insurance.*



SECTION TV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICEOR NEWSPAPER NOTICE

APPLICATION

American Bancorp of Oklahoma, Inc., Edmond, Not AvailableOklahoma, for prior approval to redeem 21.41 percent of its outstanding common stock.


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

Satisfactory record of meeting community credit needsAn 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 needsAn 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 needsAn 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.



CRA Public CRABank/Location Exam Date Date RatineCrete State Bank P.O. Box 66Crete, Nebraska 68333-0066

09/11/95 12/07/95 Satisfactory

Pitkin County Bank & Trust P.O. Box 3677 Aspen, Colorado 81612

08/28/95 12/08/95 Outstanding

SECTION VI - CRA EXAMINATIONS SCHEDULED January 1. 1996 through June 30. 1996

RANK NAMEBank of Boulder Centennial Bank Fanners State Bank Professional Bank Lafayette State Bank Pioneer Bank of Longmont First United Bank Rio Blanco State Bank Custer County Bank Citizens Bank Inc.The Kinsley Bank The State Bank of Lancaster Heritage Bank of Olathe The St. Marys State Bank The Citizens-Farmers Bank of Cole Camp

The Farmers Bank of LincolnFarmers State BankChemical BankWebb City BankCitizens BankDeuel County State BankBank of HartingtonFirst Security BankAdams State BankCitizens State BankFirst Nebraska Bank

CITY STATE

Boulder COEnglewood COFort Morgan COGlendale COLafayette COLongmont COParker CORangely COWestcliffe COWestminster COKinsley KSLancaster KSOlathe KSSt. Marys KSCole Camp MOLincoln MOStanberry MOSweet Springs MOWebb City MOBancroft NEChappell NEHartington NEMitchell NEOgallala NEPolk NEValley NE



WestStar BankBank of Cushing & Trust Co.The First State BankThe First State Bank of FairlandBank of GarberThe First Bank of HaskellGrant County BankBank of Love CountyThe Morris State BankBank One, Oklahoma CityPoteau State BankBank of TurleyWeleetka State BankThe Bank of CommerceLusk State BankUinta County State BankRiverton State BankSheridan First BankUnion State BankFirst State Bank of Wheatland

Bartlesville OKCushing OKFairfax OKFairland OKGarber OKHaskell OKMedford OKMarietta OKMorris OKOklahoma City OKPoteau OKTulsa OKWeleetka OKWetumka OKLusk WYMountain View WYRiverton WYSheridan WYUpton WYWheatland WY


* Application is subject to CRA.


FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETINAPPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF DECEMBER 4, 1995

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

♦Section 3(a)(3) application byCullen/Frost Bankers, Inc., San Antonio, TX, to acquire Park National Bank of Houston, Houston, TX 95/12/19(Previously reported during the week of 11-20-95)

♦Section 3(a)(3) application by The New Galveston Company, Wilmington, DE, to acquire Park National Bank of Houston, Houston, TX 95/12/19(Previously reported during the week of 11-20-95)

♦Section 3(a)(1) application by Quanah Financial Corporation Employee Stock Ownership Plan, Quanah, TX, to acquire Quanah Financial Corporation,Quanah, TX, Quanah Bancshares, Inc., Quanah, TX, and First National Bank, Quanah, TX 95/12/20(Previously reported during the week of 11-20-95)

♦Section 3(a)(1) application by Quanah Financial Corporation, Quanah, TX, to acquire Quanah Bancshares, Inc., Quanah, TX, and FirstNational Bank, Quanah, TX 95/12/20(Previously reported during the week of 11-20-95)

Change in Control Notice byRodney G. Joy, Cranfills Gap, TX, and BosqueBancshares, Inc. Employee Stock Ownership Plan,Rodney G. Joy, Trustee, Cranfills Gap, TX, to acquire an interest in Bosque Bancshares, Inc.,Cranfills Gap, TX N/A

♦Section 3(a)(1) Formation Notice by ABNA Holdings, Inc., Denton, TX, to acquire American Bank, N.A., Dallas, TX 95/12/07


Change in Control Notice byFirst National Bank Employee Stock OwnershipPlan, San Benito, TX, to acquire an interest inFirst San Benito Bancshares, Inc., San Benito, TX N/A

*Sabine Bancshares, Inc., Many, LA, to acquire First Community Bancshares, Inc., Winnfield, LA, Winn Bancshares,Inc., Winnfield, LA, and First Community Bank, Winnfield, LA N/A

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICENOTICE ONLY

APPLICATION NOTICE EXP

Section 4(c)(8) de novo notification by South Plains Financial, Inc., Lubbock, TX, to engage in data processing activities and real estate and personal property appraisals throughSouth Plains Financial Services, Inc., Lubbock, TX 95/12/22

Section 4(c)(8) de novo notification byAdam Financial Corporation, Bryan, TX, to engagein making and servicing loans 95/12/29


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 DECEMBER 4. 1995

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 vjfs 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.

Date ofBank' Examination CRA Rating

Security Bank of Arlington 1521 N. Cooper, Suite 100 P. 0. Box 121288 Arlington, TX 76012-1288 95/08/28 Satisfactory




Bank Date of Examination

The Bank of Livingston Livingston, Texas 96/01/08

Bank of the West El Paso, Texas 96/01/22

Midland American Bank Midland, Texas 96/02/05

Texas State Bank McAllen, Texas 96/02/26

Western Bank Lordsburg, New Mexico 96/03/01

The First State Bank Brackettville, Texas 96/03/18

Citizens Bank and Trust Company Baytown, Texas 96/03/25


FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 12/08/95



Columbia Bancorp, The Dalles, Oregon, to become Newspaper: 12/11/95a bank holding company by acquiring Columbia River Banking Company, The Dalles, Oregon. *

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

Wells Fargo & Company, San Francisco, California, Newspaper: 12/22/95to merge with First Interstate Bancorp, LosAngeles, California. * Fed. Reg.: 12/22/95

Wells Fargo & Company, San Francisco, California, Newspaper: 12/22/95to acquire the 16 bank subsidiaries of FirstInterstate Bancorp, Los Angeles, California. * Fed. Rea.: 12/22/95

Wells Fargo & Company, San Francisco, California, Newspaper: Not availableto engage in consent solicitation to replace theBoard of Directors of First Interstate Bancorp, Fed. Reg.: Not availableLos Angeles, California. *

The Mitsubishi Bank, Ltd., Tokyo, Japan, to Newspaper: 12/16/95acquire: The Bank of Tokyo Trust Company, NewYork, New York; The Chicago-Tokyo Bank, Chicago, Fed. Reg.: 1/04/96Illinois; and Union Bank, San Francisco, California. *

Union Bank, San Francisco, California, to become Newspaper: 12/16/95a bank holding company by acquiring BanCal Tri-State Corporation, San Francisco, California. * Fed. Rea.: 1/04/96

Section III -Applications Subject to Federal Register Only

The Mitsubishi Bank, Ltd., Tokyo, Japan, to Fed. Reo.: 1/04/96acquire BOT Financial Corporation, and BOT Securities, Inc., both of New York, New York.

Union Bank, San Francisco, California, to retain Fed. Rea.: 1/04/96all of the voting shares of: UB Leasing, Inc.;UB Investment Services, Inc.; Unionbanc Leasing Corporation; Stanco Properties, Inc.; UB Mortgage Corp.; and Bankers Commercial Corporation, all of San Francisco, California.

★ Subject to CRA.




Section III -Applications Sub.iect to Federal Register Only (cont’d.)

Wells Fargo & Company, San Francisco, California, Fed. Reg.: Not availableto engage in venture capital and lending activities through the acquisition of First Interstate Resource Finance Associates, Newport Beach, California.

Wells Fargo & Company, San Francisco, California, Fed. Reg.: Not availableto acquire First Interstate Bancorp’s interest in Liberty Brokerage, Inc., New York, New York (a joint venture).

Wells Fargo & Company, San Francisco, California, Fed. Reg.: Not availableto invest in Star System, Inc.

Section IV - Appl ications Not Sub.iect to Federal Register Notice or Newspaper Notice (Cont’d.l

None




Section V - Availability of CRA Public Evaluations

The CRA public evaluations of the institution(s) below became available during the week ending December 8, 1995. Information about a particular institution’s CRA evaluation may be obtained directly from the institution.

Institution Location Examination Date Rating*

None

♦Under the rating system an institution’s CRA performance is assigned one of the following four ratings:

Outstanding record of meeting community credit needs: An institution has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities.

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

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

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

The above listing has been prepared as a courtesy by the Federal Reserve Bank of San Francisco, and is not intended to replace formal notices required by statute or regulation; the Reserve Bank assumes no responsibility for errors or omissions.


Documents

H.2 Actions of the Board, its Staff, and the Federal ... · Farm Credit Act -- letter to the Farm Credit Administration expressing no objection to proposed amendments to FCAvs regulations