H.2 Actions of the Board, its Staff, and the Federal ... · 29/02/1992 · Cleveland First National Bank of Slippery Rock, Slippery Rock, Pennsylvania, proposed merger with Interim

ANNOUNCEMENTBOARD OF GOVERNORS

OF THEFEDERAL RESERVE SYSTEM

H.2, 1992, NO. 9Actions of the Board, its Staff, and

the Federal Reserve Banks; Applications and Reports Received

During the Week Ending February 29, 1992

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

TESTIMONY AND STATEMENTSBank merger issues in the United States -- statement

by Edward C. Ettin, Deputy Director, Division of Research and Stetistics, before the Treasury,Postal Service, and General Government Subcommittee of the Senate Committee on Appropriations, February 24, 1992.

Published, February 24, 1992.

BANK HOLDING COMPANIESStichting Prioriteit ABN AMRO Holding, Amsterdam, The

Netherlands; Stichting Administratiekantoo:*1 ABN AMRO Holding; ABN AMRO Holding N.A.; and ABN AMRO Bank N.V.; and ABN AMRO North American, Inc., Chicago, Illinois — to acquire The Talman Home Federal Savings and Loan Association of Illinois.

Approved, February 24, 1992.Texas Regional Bancshares, Inc., McAllen, Texas -- to

acquire Mid Valley Bank, Weslaco, Texas, and for Texas State Bank to merge with Harlingen State Bank, Harlingen, Texas, and to establish branches.

Approved, February 24, 1992.BANK MERGERS

Texas State Bank, McAllen, Texas — to merge with Harlingen State Bank, Harlingen, Texas, and to establish branches.

Approved, February 24, 1992.BOARD OPERATIONS

Freedom of Information Act — annual report for 1991. Published, February 28, 1992.

FORMS

Applications for Subscription to and Cancellation of Federal Reserve Bank Stock (FR 2030a, FR 2086a and FR 2086b, and FR 2087) — and with revision to the Application for Adjustment in Holdings of Federal Reserve Bank Stock CFR 2056).

Proposed, February 28, 1992.Bank Holding Company Reporting Requirements

(FR Y-6, FR Y-lli, and FR Y-6a) " extension with revision.

Approved, February 27, 1992.

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

H 2FEBRUARY 24, 1992 TO FEBRUARY 29, 1992PAGE 2


FORMS

Bank Holding Company Reporting Requirements (FR Y~9c) — additional revisions to the March 31, 1992, Consolidated Financial Statements for Bank Holding Companies with Total Consolidated Assets of $150 Million or More, or with More Than One Subsidiary Bank.

Proposed, February 28, 1992.

Follow-up Survey to the 1990 Home Mortgage Disclosure Act Reports (FR 3070).

Proposed, February 28, 1992.Report of Commercial Paper Outstanding Placed by

Brokers and Dealers; Report of Commercial Paper Outstanding Placed Directly by Issuers; Daily Report of Offering Rates on Commercial Paper (FR 2957a, FR 2957b, and FR 2957d) — extension withrevision.

Proposed, February 28, 1992.Report on Total Foreign Exchange Turnover (FR 3036a

and 3036c) — extension with revision.Proposed, February 28, 1992.Survey of Consumer Finances (FR 3059) -- extension.Proposed, February 28, 1992.


H . 2FEBRUARY 24, 1992 TO FEBRUARY 29, 1992PAGE 3

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKSUNDER 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

Cleveland Fifth Third Bank, Cincinnati, Ohio — to establish abranch at 3760 Paxton Avenue.

Approved, February 24, 1992.Chicago Kingston State Bank, Kingston, Michigan — to

establish a branch at 2593 S. Van Dyke, Marlette Township, Michigan.

Approved, February 25, 1992.Cleveland Provident Bank of Kentucky, Alexandria, Kentucky —

to establish a branch at 331 Fairfield, Bellevue, Kentucky.

Approved, February 28, 1992.San Francisco Valley Bank of Nevada, Las Vegas, Nevada — to

establish a branch at 605 Stephanie, Henderson, Nevada.

Approved, February 25, 1992.San Francisco Valley Bank of Nevada, Las Vegas, Nevada — to

establish a branch at 3150 North Rainbow. Approved, February 25, 1992.

BANK HOLDING COMPANIESChicago

Kansas City

Richmond

American Chartered Bancorp II, Inc., Lake Zurich, Illinois — to acquire American Chartered Bank of Lake Zurich.

Returned, February 27, 1992.Aurora First National Company, Aurora, Nebraska — to

acquire Stromsburg Financial Services, Inc., Stromsburg, Nebraska, and Wood River Financial Services, Inc., Wood River, Nebraska.

Approved, February 27, 1992.BB&T Financial Corporation, Wilson, North Carolina —

to acquire Peoples Federal Savings Bank of Thomasville, Thomasville, North Carolina.





BANK HOLDING COMPANIESSt. Louis Boatmen1s Bancshares, Inc., St. Louis, Missouri -- to

acquire Superior Federal Bank, Federal Savings Bank, Fort Smith, Arkansas.


Atlanta Citco Bancshares, Inc., Elizabethtown, Tennessee -- to engage de novo in lending activities through Small Business Resources, Inc.

Permitted, February 29, 1992.Minneapolis Citizens Bank Group, Inc., Minneapolis, Minnesota --

to acquire Citizens State Bank of St. James, St. James, Minnesota.

Approved, February 24, 1992.Cleveland Community Independent Bancorp, Inc., West Salem, Ohio

— to engage de novo in real estate appraisals through CIB Appraisal Services, Inc., West Salem, Ohio.

Permitted, February 27, 1992.Minneapolis Dairyland Bank Holding Corporation, LaCrosse,

Wisconsin — to acquire LaFarge State Bank, La Farge, Wisconsin.

Returned, February 25, 1992.Minneapolis Dairyland Bank Holding Corporation, LaCrosse,

Wisconsin — to acquire Bank of Alma, Alma, Wisconsin.

Returned, February 25, 1992.Chicago Fairmount Banking Company, Fairmount, Indiana — to

acquire the Fairmount State Bank.Returned, February 25, 1992.

Minneapolis Farmers State Corporation, Mountain Lake, Minnesota - - to acquire First National Insurance Agency, Wilmont, Minnesota.

Returned, February 25, 1992.




BANK HOLDING COMPANIESCleveland First Commonwealth Financial Corporation, Indiana,

Pennsylvania -- to acquire The Central Bank, Claysburg, Pennsylvania.

Approved, February 26, 1992.Minneapolis First Financial Corporation, Arthur, North Dakota --

to acquire the First State Bank of Buffalo, Buffalo, North Dakota.

Returned, February 26, 1992.Richmond First Union Corporation, Charlotte, North Carolina --

to permit World Acceptance Corporation to acquire the assets of Hometown Finance, Lockhart, Texas.

Approved, February 25, 1992.St. Louis Forbes First Financial Corporation, Clayton, Missouri

— to acquire Pioneer Bank and Trust Company, Maplewood, Missouri.

Approved, February 24, 1992.New York Independence Community Bank Corporation, Brooklyn,

New York -- to acquire Independence Savings Bank; Long Island City Financial Corporation, Long Island City; and New York Long Island City Savings and Loan Association.

Approved, February 28, 1992.Minneapolis McVille Financial Services, Inc., McVille, North

Dakota -- to acquire McVille State Bank. Returned, February 25, 1992.

Minneapolis Minnesota - Wisconsin Bancshares, Inc., Newport,Minnesota — to acquire MidAmerica Bancorporation, Inc .

Approved, February 28, 1992.Atlanta PBA Financial Corporation, Mobile, Alabama -- to

acquire Peoples Bancshares, Inc., Elba, Alabama, and The Peoples Bank.

Approved, February 26, 1992.St. Louis Peoples First Corporation, Paducah, Kentucky -- to

acquire Bank of Murray, Murray, Kentucky. Approved, February 24, 1992.



ACTIONS TAKEN 3Y THE STAFF AND THE FEDERAL RESERVE BANKSUNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIESSt. Louis

Cleveland

Pine State Bancshares, Inc., Monticello, Arkansas -- to acquire Pine State Bank, Kingsland, Arkansas.

Approved, February 25, 1992.Provident Bancorp, Inc., Cincinnati, Ohio — to

acquire The Provident Bank of Boone County, Bellevue, Kentucky.

Approved, February 28, 1992.Cleveland Provident Bancorp, Inc., Cincinnati, Ohio — to

acquire The Provident Bank of Kenton County, Covington, Kentucky.


San Francisco Summit Bancorp, Inc., Bellevue, Washington -- to acquire Summit Savings Bank.

Approved, February 26, 1992.BANK MERGERS

Minneapolis First State Bank of Arthur, Arthur, North Dakota --to acquire the First State Bank of Buffalo, Buffalo, North Dakota.

Returned, February 26, 1992.

Philadelphia Interim Central Bank, Claysburg, Pennsylvania — to merge with Central Bank.

Approved, February 26, 1992.New York Long Island City Savings and Loan Association, Long

Island City, New York, to merge with Independence Savings Bank, Brooklyn, New York.

Approved, February 2B, 1992.Cleveland Provident Bank of Kentucky, Alexandria, Kentucky —

to merge with The Provident Bank of Kenton County, Covington, Kentucky.





BANK MERGERSCleveland Provident Bank of Kentucky, Alexandria, Kentucky --

to merge with the Provident Bank of Boone County, Bellevue, Kentucky.

Approved, February 28, 1992.BANK PREMISES

Atlanta

Cleveland

Cleveland

Home Bank, Guntersville, Alabama — investment in bank premises.

Approved, February 27, 1992.Ohio Citizens Bank, Toledo, Ohio -- investment in

bank premises.Approved, February 27, 1992.WesBanco Bank Wheeling, Wheeling, West Virginia --

investment in bank premises.Approved, February 27, 1992.

CHANGE IN BANK CONTROLDallas

Kansas City

Hometown Bancshares, Inc., Houston, Texas -- change in bank control.

Permitted, February 28, 1992.Rocky Mountain Bankshares, Inc., Golden Valley,

Minnesota -- change in bank control.Permitted, February 28, 1992.

COMPETITIVE FACTORS REPORTS

Kansas City Affiliated National Bank - Denver, Denver, Colorado,proposed merger with Affiliated National Bank - University Hills; Affiliated National Bank - Englewood, Englewood; Affiliated National Bank - Lakeside, Wheat Ridge; Affiliated National Bank - Westminster, Westminster; Affiliated National Bank - Littleton, Littleton; and Affiliated National Bank - Alameda, Lakewood, Colorado — report on competitive factors.

Submitted, February 25, 1992.




COMPETITIVE FACTORS REPORTSMinneapolis American Bank Mankato, Mankato, Minnesota, proposed

acquisition of the First Prairie Bank, Bloomington Prairie, Minnesota — report on competitive factors.

Submitted, February 26, 1992.Kansas City

Richmond

Cleveland

Richmond

Chicago

Kansas City

Boatmen1s First National Bank of Oklahoma, Oklahoma City, Oklahoma, proposed merger with Founders Bank & Trust Company — report on competitive factors.

Submitted, February 25, 1992.Branch Banking and Trust Company, Wilson, North

Carolina, proposed merger with Peoples Bank, Thomasville, North Carolina -- report on competitive factors.

Submitted, February 28, 1992.Commercial Savings Bank, Upper Sandusky, Ohio,

proposed purchase of assets and assumption of liabilities of the Kenton, Ohio, branch of Home Savings of America, Irwindale, California — report on competitive factors.


Credit International Bank, N.A., Washington, D.C., proposed merger with Federal City National Bank, Washington, D.C. — report on competitive factors.

Submitted, February 27, 1992.First National Bank, Mattoon, Illinois, proposed

merger with The First National Bank and Trust Company of Douglas County, Tuscola, Illinois; State Bank of Sullivan, Sullivan; Cumberland County National Bank in Neoga, Neoga, and Charleston Community Bank, Charleston, Illinois— report on competitive factors.

Submitted, February 28, 1992.First National Bank of Chadron, Chadron, Nebraska,

proposed acquisition of assets and assumption of the liabilities of Northwestern State Bank, Hay Springs, Nebraska — report on competitive factors.






Cleveland First National Bank of Slippery Rock, Slippery Rock, Pennsylvania, proposed merger with Interim National Bank of Slippery Rock — report on competitive factors.

Submitted, February 26, 1992.Chicago First of America Bank - Rensselaer, Rensselaer,

Indiana, proposed merger with First of America Bank- LaPorte, National Association, LaPorte, Indiana -- report on competitive factors.

Submitted, February 27, 1992.New York First Savings Bank, SLA, Perth Amboy, New Jersey,

proposal to reorganize into a mutual holding company — report on competitive factors.

Submitted, February 26, 1992.Atlanta Manufacturers Bank and Trust of Florida, National

Association, Palm Beach Gardens, Florida, proposed merger with Comerica Bank-Florida, Federal Savings Bank, Clearwater, Florida — report on competitive factors.


Atlanta Manufacturers Bank and Trust of Florida, National Association, Palm Beach Gardens, Florida, proposed merger with Comerica Bank-Florida, Federal Savings Bank, Clearwater, Florida — report on competitive factors.

Submitted, February 28, 1992.Boston Newburyport Co-operative Bank, Newburyport,

Massachusetts, proposed merger with the George Peabody Cooperative Bank, Peabody, Massachusetts — report on competitive factors.

Submitted, February 28, 1992.San Francisco Northbay Savings Bank, FSB, Petaluma, California,

proposed transfer of savings accounts from Continental Savings of America, A Federal Savings & Loan Association, San Francisco — report on competitive factors.






Boston Rockland Trust Company, Rockland, Massachusetts,proposed merger with Middleborough Trust Company, Middleborough, Massachusetts — report on competitive factors.


Cleveland Second National Bank of Warren, Warren, Ohio,proposed purchase of certain assets and assumption of certain liabilities of four branches of Ameritrust Company, N.A., Cleveland, Ohio — report on competitive factors.

Submitted, February 24, 1992.San Francisco United Savings Bank, F.S.A., San Frai.cisco,

California, proposed acquisition and merger of Golden Coin Savings and Loan Association, San Francisco, California — report on competitive factors.

Submitted, February 24, 1992.EXTENSIONS OF TIME

Richmond

Cleveland

Minneapolis

Cleveland

DNB Financial Corporation, Mullins, South Carolina — extension to June 4, 1992, to acquire Davis National Bank.

Granted, February 25, 1992.Fifth Third Bancorp, Cincinnati, Ohio, and FifthThird Bank — extension to May 26, 1992, to acquire Pinnacle Bancorp, Middletown, Ohio, and MidFed Savings Bank.

Granted, February 25, 1992.

First Holding Company of Park River, Inc., Park River, North Dakota — extension to June 4, 1992, to acquire Security State Bank of Adams, Adams, North Dakota.

Granted, February 26, 1992.Lorain County Bank, Lorain, Ohio — extension to

acquire the Greenwich and Shiloh, Ohio, branches of Society Bank & Trust, Toledo, Ohio.



H.2FEBRUARY 24, 1992 TO FEBRUARY 29, 1992PAGE 11


EXTENSIONS OF TIMECleveland National City Corporation, Cleveland, Ohio --

extension to May 27, 1992, to acquire Gem Bank, N.A., Dayton, Ohio.


San Francisco Security Pacific Corporation, Los Angeles, California — extensions to divest certain properties.


San Francisco Security Pacific Corporation, Los Angeles, California — extension to divest certain property.

Granted, February 27, 1992.New York U.S. Trust Corporation, New York, New York --

extension to May 12, 1992, to redeem shares. Granted, February 28, 1992.

New York

MEMBERSHIP

U.S. Trust Corporation, New York, New York -- extension to May 12, 1992, to redeem shares.


Philadelphia

RESERVE BANK OPERATIONS

Interim Central Bank, Claysburg, Pennsylvania -- to become a member of the Federal Reserve System.


Director, FRBO Federal Reserve Bank of New York -- to retain architectural firm for remodeling work in the BankTs Maiden Lane Building.



H.2FEBRUARY 24, 1992 TO FEBRUARY 29, 1992PAGE 12

ADDITIONS AND CORRECTIONS


BOARD OPERATIONS

REGULATIONS AND POLICIES

Government in the Sunshine Act -- annual report for 1991 .

Published, February 21, 1992.

Reserve requirements — to reduce the lag in theapplication of vault cash toward required reserves; and to increase the carryover allowance for reserve balances.

Proposed, February 18, 1992.

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

COMPETITIVE FACTORS REPORTSSan Francisco Luguna Bank, National Association, Luguna Beach,

California, proposed consolidation with First Security Interim National Bank — report on competitive factors.

Submitted, February 21, 1992.San Francisco Plaza Bank of Commerce, San Jose, California,

proposed merger with Title Commercia Bank — report on competitive factors.

Submitted, February 21, 1992.San Francisco Valley Bank of Arizona, Phoenix, Arizona, proposed

purchase of assets and assumption of liabilities of the Parker branch of First National Bank of Arizona — report on competitive factors.



FEDERAL RESERVE BANK OF BOSTON APPLICATIONS

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY

Application Comment Period Ending DateNONE

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

Application Comment Period Ending DateMichael Daddona, Jr. Newspaper Not Yet Established- Change in ControlNotification to acquire Federal Register Not Yet Establishedup to 24.9% of DS Bancor,Derby, Connecticut

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY

Application Comment Period Ending DateFleet/Norstar Financial Federal Register Not Yet EstablishedGroup, Inc., Providence,Rhode Island - 4(c)(8) notification to facilitate the transfer of Banc New England Mortgage Company, Inc., East Providence, Rhode Island to Fleet Real Estate Funding, Columbia,South Carolina

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

ApplicationNONE

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

NONE


Federal Reserve Bank of New York

Comment Period Ending Date

SECTION I

Applications Subject to Newspaper ___________ Notice Only___________

None.

SECTION II

Applications Subject to Both Newspaper and Federal Register Notice

None.

SECTION III

Nonbanking Applications (Subject to Federal Register Notice Only)

None.

Nonbanking Applications (Subject to Federal Register Notice Only)

The Long Term Credit Bank of Japan, Limited,Tokyo, Japan, to engage through its subsidiary,Greenwich Capital Markets, Inc., Greenwich,Connecticut, in private placement and riskless principal activities, full service securities brokerage, in trading foreign exchange forward, futures, options and options on futures transactions for purposes other than hedging, and providing FCM execution and clearance services with respect to futures contracts traded on major exchanges. N/A

SECTION IV

None.

Applications Not Involving ______Public Comment______


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 neighborhoods, in a manner consistent with its resources and capabilities.

Week Ending February 29. 1992

NAME OF BANK RATING EXAMINATION DATE

The Merchants Bank of Needs to Improve May 7, 1991New York

434 Broadway New York, New York 10013

1/ Subject to provisions of Community Reinvestment Act.2/ 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



None.



Harlevsville National Corporation, 1/Harleysville, PA seeks approval to acquire 100% of the voting shares of Summit Hill Trust Company, Summit Hill, PA, pursuant to Section 3(a)(3) of the Bank Holding Company Act.

Newspaper: 3/27/92Federal Register: N/A*

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTERNOTICE ONLY

Comment Period Ending DateMoxham Bank Corporation, Johnstown, PA 3/30/92requests permission to engage de novo in community development activities, through a proposed nonbanking subsidiary, Moxham Community Development Corporation,Johnstown, PA, pursuant to Section 4(c)(8) of the BHC Act and Section 225.25(b)(6) of Regulation Y.Meridian Bancorp, Inc.. Reading, PA requests N/A*permission to continue to engage in investment advisory activities through a 50% investment in C.A.S.E. Management, Inc., Malvern, PA, pursuant to Section 4(c)(8) of the BHC Act.BOARD ACTION.

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

None.

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


FEDERAL RESERVE BANK OF PHILADELPHIA

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS

The following institutions were examined for CRA. The 30-business day period the bank has to make the evaluation public has lapsed during the week ending February 28, 1992.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 and capabilities.

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

Bank/Location Examination Date CRA Rating

None.


Federal Reserve Bank of Cleveland

Applications Bulletin For Week Ending February 29, 1992

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPERNOTICE ONLY

NONE


Received Section 3(a)(5) application from * Not Yet Known # Banc One Corporation, Columbus, Ohio, on February 26, 1992, to acquire First Security Corporation of Kentucky, Lexington, Kentucky.


NONE


NONE

* - Subject to CRAN - Newspaper Comment Period F - Federal Register Comment Period# - Expected to end approximately 30 days from the

date of receipt of the application.


Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper Notice Only

Application Comment Period Ending Date

Premier Bank, Inc., Wytheville, Virginia, to establish an Electronic Funds Transfer Facility at Petro Shopping Center of Virginia, intersection of U.S. 52 and Interstate 1-81 & 1-77, Max Meadows,Virginia.* 3-23-92

Citizens Bank of Virginia, Arlington,Virginia, to establish a branch at 250 N.Glebe Road, Arlington, Virginia.* 3-30-92

Branch Banking and Trust Company, Wilson,North Carolina, to merge with Peoples Federal Savings Bank of Thomasville,Thomasville, North Carolina, in an Oakartransaction.* Not yet available.

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


Columbia Bancorp, Columbia, Maryland, to acquire Fairview Federal Savings and Loan Association, Ellicott City,Maryland, and to merge the successor to Fairfview Federal Savings and Loan Association into Columbia Bank,Columbia, Maryland.* Not yet available.

Section III - Applications Subject to Federal Register Notice


None.

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

Application

None

*Application is subject to CRA requirements.


Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations Week ending February 28, 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 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.

ExaminationDate Rating

None.


Federal Reserve Bank of AtlantaApplications Bulletin for Week Ending February 28. 1992

Section 1 - Applications Subject to NewspaperNotice Only

Application Comment Period Ending DateNone.

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

Application Comment Period Ending DateFirst Camden Bancshares, Inc. 03-06-92*

Camden, A1abamaAfter-the-fact change in control by Anne Laure Johnson Harper to retain 11.89 percent of the outstanding shares of common stock, and to increase her ownership to 13.22 percent as a result of a stock redemption.Peoples Preferred Bancshares, Inc. 03-17-92*

Colquitt, GeorgiaTo acquire Columbia Bancing Company, Inc.,Columbia, Alabama, and thereby indirectly acquire its bank subsidiary, Bank of Columbia,Columbia, Alabama.Synovus Financial Corp. 03-09-92*

Columbus, GeorgiaTo acquire Citizens First Bank, Rome, Georgia (in organization), through the charter conversion of its federal savings association subsidiary, Citizens Federal Savings Bank of Rome, Rome, Georgia.Community Bancorp of Louisiana, Inc. Not yet available*

Raceland, Louisiana1-BHC formation, Community Bank of Lafourche,Raceland, Louisiana.

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

Section 3 - Applications Subject to FederalRegister Notice Only

Application Comment Period Ending DateFirstBancorp, Inc. 03-20-92

Marathon, FloridaTo engage de novo in lending activities, pursuant to Section 225.25(b)(1) of Regulation Y.

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

ApplicationNone.


Federal Reserve Bank of AtlantaApplications Bulletin for Week Ending February 28. 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: Aninstitution 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-incomeneighborhoods, in a manner consistent with its resources and capabilities.Satisfactory record of meeting community credit needs: Aninstitution 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: Aninstitution 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: Aninstitution 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 DateNationsBank of Tennessee Satisfactory 10-07-91One Commerce Place Nashville, Tennessee 37219 (615) 749-3333Admiralty Bank Needs To Improve 11-12-914400 PGA Boulevard Suite 200Palm Beach Gardens, Florida 33410 (407) 627-2700


Federal Reserve Bank of Chicago

m s

Merger/Branch

Branch

Branch

Branch

Branch/24A

Branches

Section I - Applications Subject to Newspaper Notice Only

ApplicationComment Period

Ending hate

1st Source Bank N - 3-12-92South Bend, IndianaFanners State Bank of Wyatt Wyatt, Indiana 66626 State Road 331 Wyatt, Indiana*

1st Source Bank N - 3-12-92South Bend, Indiana 1101 Boyd Boulevard La Porte, Indiana*

1st Source Bank N - 3-12-92South Bend, Indiana 401 E. Colfax Street South Bend, Indiana*

1st Source Bank N - 3-12-92South Bend, Indiana 411 Illinois Street Walkerton, Indiana*

Farmers State Bank N - 3-13-92Foy Sippi, Wisconsin 307 Wolfe River Drive Fremont, Wisconsin*

Citizens Trust and Savings Bank N - **South Haven, Michigan Contractual Branch services with Inter City Bank Benton Harbor, Michigan 100 Oak Street, Benton Harbor, Michigan 128 N. Main Street, Buchanan, Michigan 1882 Pipestone Road, Benton Harbor, Michigan 206 S. Cleveland Avenue, Galien, Michigan 2600 Cleveland Avenue, St. Joseph, Michigan 5609 Cleveland Avenue, Stevensville, Michigan 6534 Main Street, Eau Claire, Michigan 720 Pleasant Street, St. Joseph, Michigan 823 Riherview Drive, Box 1248, Benton Harbor, Michigan 834 Nickerson Avenue, Benton Harbor, Michigan 9061 First Street, Banoda, Michigan*

Bankers Trust Ccnpany Des Moines, IowaKum-N-Go, 50th & E.P. Trust Parkway West Des Moines, Iowa*

EFT N - **


T ypeY-l

Coranent PeriodApplication Ending Hat-e

S e c t io n II - Applications Subject to Both Newspaper and FederalRegister Notice

Y-2

First State Bankshares, Inc. New London, Wisconsin First State Bank New London, Wisconsin*

FR - 2-20-92 N - 2-24-92

Canerica Incorporated Detroit, Michigan Manufacturers National Corporation Detroit, Michigan Manufacturers National Bank Detroit, MichiganManufacturers National Bank of Ann Arbor Ann Arbor, Michigan Manufacturers Bank-Wi lmi ngton Newark, DelawareManufacturers Bank and Trust of FloridaPalm Beach Gardens, FloridaAffiliated BankFranklin Park, IllinoisManufacturers National Bank of Grand RapidsGrand Rapids, MichiganManufacturers Bank of LansingLansing, MichiganAffiliated Banc Group, Inc.Morton Grove, Illinois*

FR - 3-10-92 N - 3-2-92

Y-2 Manufacturers National Corporation FR - 3-10-92Detroit, Michigan N - 3-2-92Canerica Incorporated, Detroit, Michigan Canerica Bank-Detroit, Detroit, Michigan Canerica Bank-Midwest, National Association Toledo, OhioCanerica Bank-Texas, Dallas, Texas Plaza Bank of Cannerce San Jose, CaliforniaBank of Industry, City of Industry, C a l i f o r n i a Canerica Trust Ccnpany of Florida Boca Raton, Florida*

CoC-HC Manufacturers-Detroit International fR - 3-10-92Corporation N - 3-2-92

East Detroit, Michigan Canerica Incorporated Detroit, Michigan

Ccnmercial Financial Carp.Storm Lake, IowaThe Canmercial Trust & Savings Bank Storm Lake, Iowa*

Y-l FR - 3-10-92 N - 3-16-92



Section II - Applications Subject to Both NewsoaoeiRegister Notice

(Continued̂Type ApplicationY-l American Chartered Bancorp II, Inc.

lake Zurich, Illinois American Chartered Bank of Lake Zurich Lake Zurich, Illinois*

Y-l B J Morgan Bancshares, Inc.Morgantown, Indiana First State Bank Morgantown, Indiana*

Y-2 KSAD, Inc.Council Bluffs, Iowa Nevada National Co.Qnaha, Nebraska Nevada National Bank Nevada, Iowa*

Y-2 KSAD, Ino.Council Bluffs, Iowa Rainwood Corporation Qnaha, Nebraska Valley State Bank Rock Valley, Iowa*

Y-2 KSAD, Inc.Council Bluffs, Iowa Williamsburg Holding Gcnpany Qnaha, Nebraska Security Savings Bank Williamsburg, Iowa*

Y-l Northwest Financial Carp.Spencer, IowaConover Bancorporation Creston, IowaFirst National Bank in Creston Creston, Iowa*

Y-2 Feotane Bancorp, Inc.Peotane, Illinois Rock River Bancorporation, Inc.Oregon, Illinois Rock River Bank Oregon, Illinois*

and Federal

Comment PeriodEnding nate

FR - 3-12-92 N - 2-29-92

FR - 3-17-92 N - 3-12-92

FR - ** N - **

FR - ** N - **

FR - ** N - **

FR - 12-26-91 N - 12-27-91

FR - ** N - **



Section II - Aoolications Subiect to Both Newsoaoer and FederalReqister Notice

(Continued̂Comment Period

T^pe Aoolication Endina DateY-l First Comnunity Bancshares Carp. FR - **

Anamosa, Icwa N - **Tftfiftmai Corporation Anamosa, Iowa Citizens Savings Bank Anamosa, Iowa*

Y-2 First Comnunity Bancshares Carp. FR - **Anamosa, Iowa N - **First Comnunity Bank Milton, Wisconsin*

Y-l Dixon Bancshares, Inc. FR - 2-3-92Rolfe, Iowa N - 3-9-92Rolfe State Bank Rolfe, Iowa Citizens State Bank Sheldon, Iowa*

Y-2 Princeton National Bancorp, Inc. FR - **Princeton, Illinois N - **Illinois Valley Bancshares, Inc.Princeton, IllinoisColonial Bank and Trust Co. of Bureau County Princeton, IllinoisColonial Bank and Trust Co. of LaSalle County Peru, Illinois*

Y-2 State Financial Services CorporationHales Comer, Wisconsin Eastbrodk State Bank Brookfield, Wisconsin*

FR - **N - 3-28-92


Section III - Applications Subject to Federal RegisterNotice Only


Comment PeriodType Application Ending DateY-4 Ccmerica Incorporated FR - 3-10-92

Detroit, MichiganAffiliated Asset-Based lending Services, Inc.Morton Grove, Illinois Manucor Agency, Inc.Detroit, MichiganManucor Insurance CorporationDetroit, MichiganManufacturers Affiliated Trust Company Chicago, IllinoisManufacturers Bank and Trust of Florida, N.A.Palm Beach Gardens, Florida Manufacturers Bank-Wilmington Wilmington, DelawareManufacturers Federal Savings Bank (in formation)Palm Beach Gardens, Florida ML, Inc. (D/B/A Magic Line)Dearborn, Michigan NSCC Leasing Carp.Morton Grove, Illinois Wilson, Kemp & Associates, Inc.Detroit, Michigan

Y-4 Manufacturers National Corporation FR - 3-10-92Detroit, MichiganCcmerica Acceptance Corporation Auburn Hills, MichiganCcmerica Bank-Florida, Federal Savings Bank Clearwater, Florida Ccmerica Brokers, Inc.Detroit, Michigan Ccmerica Capital Management, Inc.Detroit, MichiganCcmerica Corporate Services, Incorporated Detroit, Michigan Ccmerica Properties Corporation Auburn Hills, MichiganCcmerica Trust Company of Florida, National Association Boca Raton, Florida ML, Inc. (D/B/A Magic Line)Dearborn, Michigan Plaza Realty Advisors San Jose, Cal 1 fomia

Irwin Financial Corporation FR - 3-10-92Columbus, Indiana Primed Financial Services, Inc.Chesapeake, Virginia— extensions of credit for the account of health care providers engaged in consumer finance account

Y-4



Section III - Applications Subject to Federal RegisterNotice Only (Continued)

Comment PeriodApplication RnriinqFirst Mid-Illinois Bancshares, Inc. FR - 3-23-92Mattoon, IllinoisHeartland Federal Savings and Loan Association Mattoon, Illinois

Y-4/QAKAR

Y-4 Clare Bancorporation, Inc. FR - 3-20-92Platteville, Wisconsin First Federal Savings and loan Association of Platteville

Platteville, WisconsinY-4 Montfart Bancorporation, Inc. FR - 3-20-92

Platteville, Wisconsin First Federal Savings and Loan Association of Platteville

Platteville, WisconsinY-4 Northwest Financial Carp. FR - 2-18-92

Spencer, IcwaNorthwest Federal Savings Bank Spencer, Icwa

4(c)(8) Honor Bancorp, Inc. FR - **Honor, Michigan Honor Recovery Agency Honor, Michigan

4(c)(8) Marquette National Corporation FR - **Chicago, IllinoisMarquette Gcnnunity Development Corporation Chicago, Illinois

Section IV - Applications Not S u b je c t tr> Ttarferal Register or NewspaperNotice

Tgpe ApplicationRoS Rock River Bancorporation, Inc.

Oregon, IllinoisTo redeem 12,500 shares of co

RoS Guthrie County Bancshares, Inc.Guthrie Center, IowaTo redeem 1,466 shares of outstanding common stock from C. K. Batschelet

N - NewspaperFR - Federal Register* - Subject to Provisions of Community Reinvestment Act ** - Not available at this time


AVA ILAB ILITY 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 February 28, 1992. If you are interested in obtaining a copy of the evaluation document, please contact the bank(s) directly.

Identification of RatingsO-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.

CORRECTED COPY AS OF JANUARY 15, 1992.BANK NAME/LOCATION EXAMINATION DATE RATING-Bank of Oakfield P.0. Box 128Oakfield, Wisconsin 53065 (414)583-3191 11/04/91 S

-Security Bank 11 North First Avenue Marshalltown, Iowa 50158 (515)754-5500 10/28/91 S

-The Onsted State Bank 112 South Main Street P.O.Box 188Onsted, Michigan 49265 (517)467-2144 11/04/91 S

-Villa Park Trust & Savings Bank Ten South Villa Avenue Villa Park, Illinois 60181 (708)834-0800 11/06/91 S

-Citizens State Bank P.O. Box 7Waterloo, Indiana 46793 (219)837-7148 11/18/91 S


FOR THE WEEK ENDING FEBRUARY 28, 1992

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE

Application End of Comment Period

None.

Federal Reserve Bank of St. Louis



Section 3(a)(5) application by South Central Bancshares, Inc., Russellville, Kentucky to merge with First Midwest Bancshares, Inc.,Princeton, Kentucky Not yet available

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE


None.



None.

This application is subject to CRA.


FEDERAL RESERVE BANK OF ST. LOUISSt. Louis, Missouri

AVAILABILITY OF CRA PUBLIC DISCLOSURESIdentification o f Ratings:

Outstanding record o f meeting community credit needs

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

Satisfactory record o f meeting community credit needs

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

Needs to improve record o f meeting community credit needs

An institution in this group needs to improve its overall record 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

An 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 February 28, 1992

Name of Bank Bank Address ExaminationDate

ExaminationRating

Arkansas Bank and Trust Company

P. 0. Box 5640Hot Springs, Arkansas 71902

11-25-91 Outstanding


FEDERAL RESERVE BANK OF MINNEAPOLISSection I - Applications Subject to

Newspaper Notice OnlyComment Period

Application Ending DatePeoples State Bank Not yet availablePlainview, Mn

To acquire the Elgin and Millville offices of Eastwood Bank, St. Charles, MN

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

Comment PeriodApplication Ending DateConley Brooks, Markell Brooks, Not yet availableet al

To acquire control of 62.71% of Resource Companies, Inc.,Minneapolis, MNFirst Bancshares Corporation Not yet availableGladstone, MI

To acquire 100% of the First Bank,Upper Michigan, N.A.,Gladstone, MI*

Section III - Applications Subject to Federal Register Notice Only

Comment PeriodApplication Ending DateNorwest Corporation Not yet availableMpls, MNTo engage in combining data processing, data transmission services, facilities and data bases to local boards of realty and their members through the acquisition of U.S. Recognition, Inc., Ringwood,New Jersey

* Subject to CRA


FEDERAL RESERVE BANK OF MINNEAPOLIS

Section III - Applications Subject to Federal Register Notice Only (Continued)

Comment PeriodApplication Ending DateBig Sioux Financial, Inc. Not yet availableEstelline, SD

To engage in general insurance agency activities through the acquisition of the assets of Hamlin County Agency,Hayti, South Dakota.

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

ApplicationNone.


FEDERAL RESERVE BANK OF M IN N EA PO LISSection V - Availability of

CRA Public Evaluations week ending February 28, 1992

ASSIGNMENT OF RATINGIdentification 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 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 DATE OF EXAMINATION CRA RATINGNone.


Federal Reserve Bank o f Kansas City925 Grand Avenue

Kansas City, Missouri 64198-0001 (816) 881-2000

FAX-(816) 881-2846

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLYAPPLICATION COMMENT PERIOD ENDING DATE

Jewell County Bank, Mankato, Kansas, Not Availablefor prior approval for membership in the Federal Reserve System.


APPLICATION COMMENT PERIOD ENDING DATE

None.SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE

ONLYAPPLICATION COMMENT PERIOD ENDING DATE

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

OR NEWSPAPER NOTICEAPPLICATION

None.SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS

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 lender in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in an manner consistent with its resources and capabilities.


Federal Reserve Bank of Kansas City

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 itsresources 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 itsresources 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 itsresources and capabilities.

Bank/Location Exam DateCRA Public

DateCRA

RatingBelcaro Bank4100 East Mississippi Ave Denver, Colorado 80222

11-25-91 2-24-92 Satisfactory

The Gunnison Bank & Trust 12-2-91 2-25-92P.O. Box 119Gunnison, Colorado 81230-0119

Satisfactory

Vectra BankP.O. Box 22296Denver, Colorado 80222-0296

11-25-91 2-27-92 Outstanding

♦Application is subject to CRA.


FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN

APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF FEBRUARY 24, 1^92


APPlI CAT ION

None.

NOTICE’ EXP


APPLICATION ** NOTICE EXP

Change in Control Notice by Western Commerce Bank, Trustee of the Western Commerce Bank Stock Bonus Plan and Trust Agreement, Carlsbad, NM, to acquire an interest in Western Commerce Bancshares of Carlsbad, Inc., Carlsbad, NM (Previously reported during the week of 12-30-91) 02/29/92

Change in Control Notice byL. Michael Ashbrook, Monroe, LA, to acquire an interest in LBO Bancorp, Inc., West Monroe, LA (Previously reported during the week of 12-30-91) 02/07/92

Change in Control Notice by Bobby G. Rozas, Vidor, TX, to acquire an interest in Vidor Bancorporation, Inc., Vidor, TX (Previously reported during the week of 2-17-92) 03/15/92

Change in Control Notice byFirstBank Group, Inc., Employee Stock Ownership Plan, Los Fresnos, TX, to acquire an interest in FirstBank Group, Inc., Los Fresnos, TX N/A


APPLICATION NOTICE EXP

None.



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 FEBRUARY 24, 1992

Outstanding record of meeting community credit needs.

An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-incomeneighborhoods, in a manner consistent with its resources andcapabi1ities.

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 ofascertaining and helping to meet the credit needs of its entiredelineated 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 ofascertaining and helping to meet the credit needs of its entiredelineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities.

BankDate of

Examination CRA Rating

Bank of Troy Center St. & 135 P. 0. Box 427 Troy, Texas 76579 12/02/91 Satisfactory

Watauga State Bank 5744 Watauga Rd.P. 0. Box 48100 Watauga, TX 76148 12/02/91 Satisfactory


FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 2/28/92

Section I - Applications Sub.iect to Newspaper Notice Only


None

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

None

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

BankAmerica Corporation, San Francisco, Fed. Reg.: Not yet publishedCalifornia, to engage in nonbaking activities through the acquisition of H.F. Holdings, Inc.,Marina del Rey, California.

The Dai-Ichi Kangyo Bank, Limited, Tokyo, Fed. Reo.: 3/20/92Japan, to engage de novo in operating a collection agency through The CIT Group Holdings, Inc., New York, New York.

Orange National Bancorp, Orange, California, Fed. Reg.: Not availableto engage in mortgage brokerage activities through a new wholly-owned subsidiary, ONB Mortgage Corporation, Orange, California.

None

Section IV - Applications Not Sub.iect to Federal Register Noticeor Newspaper Notice

* Subject to CRA


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

Week ending 2/28/92

Section V - Availability of CRA Public Evaluations

The CRA public evaluations of the institution(s) below became available during the week ending February 28, 1992. Information about a particular Institution's CRA evaluation may be obtained directly from the institution,

Institu* son 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 neris to improve its overall record of ascertaining and helping to meet the C’c'Jit needs of its entire delineated community, including low- to moderate- income 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 moderate- income neighborhoods, in a manner consistent with its resources and capabilities.


Documents

H.2 Actions of the Board, its Staff, and the Federal ... · 29/02/1992 · Cleveland First National Bank of Slippery Rock, Slippery Rock, Pennsylvania, proposed merger with Interim