Board of Governors of the Federal Reserve System, Washington, DC 20551

Actions of the Board, Its Staff,

and the Federal Reserve Banks:

No. 46

Week Ending November 15, 1997

Federal Reserve Release

H.2

Applications and Reports Received
No. 46

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

Growing interactions among national financial markets -- statement by Chairman

Greenspan before the House Committee on Banking and Financial Services,

November 13, 1997

- Published, November 13, 1997 

TESTIMONY AND STATEMENTS

Credit Suisse Group, Zurich, Switzerland -- request for exemption in connection

with proposed acquisition of the U.S. operations of Winterthur Swiss Insurance

Company.

- Granted, November 14, 1997 

BANK HOLDING COMPANIES

Centura Bank, Rocky Mount, North Carolina -- to acquire a branch of First Union

National Bank, Charlotte, North Carolina; and to establish a branch.

- Approved, November 10, 1997 

BANK MERGERS
H.2

November 9, 1997 to November 15, 1997

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS

UNDER DELEGATED AUTHORITY

Abbreviations: BS&R - Banking Supervision and Regulation; C&CA - Consumer and Community

Affairs; FOMC - Federal Open Market Committee; RBOPS - Reserve Bank Operations and Payment

Systems; IF - International Finance; OSDM - Office of Staff Director for Management

Colonial Bank, Montgomery, Alabama -- to establish a branch at 5245 Service Road

South, Mobile, Alabama.

- Approved, November 10, 1997 

BANK BRANCHES, DOMESTIC

Atlanta

Garfield Bank, Montebello, California -- to establish a branch at 15615 Alton

Parkway, Irvine, California.

- Approved, November 12, 1997 

San Francisco

Texas Bank, Weatherford, Texas -- to establish a branch at 301 East Lee Street,

Brownwood, Texas.

- Approved, November 10, 1997 

Dallas

Bank of Montreal, Montreal, Canada; Bankmont Financial Corp., Chicago, Illinois;

and Harris Bancorp, Inc. -- to acquire Partners First Holdings, LLC, Linthicum,

Maryland; Partners First National Bank, Newark, Delaware, Partners First

Receivables, LLC, and Partners First Finance, Inc., and engage in lending and data

processing services.

- Permitted, November 13, 1997 

BANK HOLDING COMPANIES

Chicago

City National Corporation, Beverly Hills, California -- to merge with Harbor

Bancorp, Long Beach, California, and acquire Harbor Bank.

- Approved, November 13, 1997 

San Francisco
H.2

November 9, 1997 to November 15, 1997

Page 2

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS

UNDER DELEGATED AUTHORITY

Claiborne Holding Company, Inc., Tazewell, Tennessee -- request for waiver of

commitment.

- Returned, November 13, 1997 

Atlanta

Coddle Creek Financial Corp., Mooresville, North Carolina -- to acquire Mooresville

Savings Bank, SB.

- Approved, November 10, 1997 

Richmond

Fisher Bancorp, Inc., Fisher, Illinois -- to acquire Fisher National Bank. 

- Approved, November 10, 1997 

Chicago

Greater Bay Bancorp, Palo Alto, California -- to acquire Peninsula Bank of

Commerce, Millbrae, California.

- Approved, November 12, 1997 

San Francisco

Henderson Bancshares, Inc., Troy, Alabama -- to acquire Pea River Capital

Corporation, Elba, Alabama, and the Peoples Bank of Coffee County. 

- Approved, November 13, 1997 

Atlanta

Midland First Financial Corporation, Lee's Summit, Missouri -- to acquire Midland

Bank.

- Approved, November 13, 1997 

Kansas City

Texas Central Bancshares of Delaware, Inc., Wilmington, Delaware -- to acquire

Texas Central Bank, N.A., Dallas, Texas.

- Approved, November 14, 1997 

Dallas
H.2

November 9, 1997 to November 15, 1997

Page 3

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS

UNDER DELEGATED AUTHORITY

Texas Central Bancshares, Inc., Dallas, Texas -- to acquire Texas Central Bancshares

of Delaware, Inc., Wilmington, Delaware, and Texas Central Bank, N.A., Dallas,

Texas.

- Approved, November 14, 1997 

Dallas

Virginia Bank Bankshares, Inc., Danville, Virginia -- to acquire Virginia Bank and

Trust Company.

- Approved, November 12, 1997 

Richmond 

Wachovia Corporation, Winston-Salem, North Carolina -- to acquire Solutions by

Design, Inc., Atlanta, Georgia, and engage in data processing services related to

providing banking and financial services over the Internet.

- Permitted, November 13, 1997 

Secretary

Zions Bancorporation, Salt Lake City, Utah -- request for waiver of application to

acquire Tri-State Financial Corporation, Denver, Colorado, and Tri-State Bank

- Granted, November 12, 1997 

San Francisco

Alabama Exchange Bank, Tuskegee, Alabama -- to acquire the assets and assume the

liabilities of a branch at 103 South Elm Street, Ashland of First National Bank of

Ashland, Ashland, Alabama.

- Approved, November 12, 1997 

BANK MERGERS

Atlanta

Southern California Bank, Anaheim, California -- to merge with National Bank of

Southern California, Newport Beach, California.

- Approved, November 13, 1997 

San Francisco
H.2

November 9, 1997 to November 15, 1997

Page 4

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS

UNDER DELEGATED AUTHORITY

AmSouth Bank, Birmingham, Alabama -- request for waiver of commitment

concerning certain properties.

- Withdrawn, November 14, 1997 

BANKS, STATE MEMBER

Atlanta

Liberty Bank, South San Francisco, California -- redemption of shares.

- Approved, November 10, 1997 

CAPITAL STOCK

San Francisco

Texico Bancshares Corporation, Texico, Illinois -- redemption of shares.

- Approved, November 10, 1997 

St. Louis

Community Bankshares, Inc., Cornelia, Georgia -- change in bank control.

- Permitted, November 12, 1997 

CHANGE IN BANK CONTROL

Atlanta

Hindman Bancshares, Inc., Hindman, Kentucky -- change in bank control.

- Permitted, November 14, 1997 

Cleveland

Texico Bancshares Corporation, Texico, Illinois -- change in bank control.

- Permitted, November 10, 1997 

St. Louis

Branch Banking & Trust of Virginia, Virginia Beach, Virginia -- report on

competitive factors of the proposed merger with Virginia First Savings Bank, F.S.B.,

Petersburg, Virginia.

- Submitted, November 10, 1997 

COMPETITIVE FACTORS REPORTS

Richmond
H.2

November 9, 1997 to November 15, 1997

Page 5

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS

UNDER DELEGATED AUTHORITY

California Commerce Bank, Los Angeles, California -- report on competitive factors

of the proposed purchase of certain assets and assumption of certain liabilities of the

Chula Vista and San Ysidro, California, branches of California Commerce Bank, Los

Angeles, California.

- Submitted, November 13, 1997 

San Francisco

Citizens Bank of Morgantown, Morgantown, West Virginia -- report on competitive

factors of the proposed merger with The Bank of Morgantown, Inc.

- Submitted, November 10, 1997 

Richmond

Citizens National Bank of Wills Point, Wills Point, Texas -- report on competitive

factors of the proposed merger with Citizens National Bank Interim of Wills Point.

- Submitted, November 13, 1997 

Dallas

City Bank & Trust Co., Natchitoches, Louisiana -- report on competitive factors of

the proposed merger with Interim City Bank.

- Submitted, November 13, 1997 

Dallas

Guaranty Bank & Trust Company, Kansas City, Kansas -- report on competitive

factors of the proposed merger with Bank of Coffey, Coffey, Kansas.

- Submitted, November 13, 1997 

Kansas City

H.F. Ahmanson & Company, Irwindale, California -- report on competitive factors of

the proposed acquisition of the assets and assumption of the liabilities of Coast

Savings Financial, Inc., Glendale, California.

- Submitted, November 13, 1997 

San Francisco
H.2

November 9, 1997 to November 15, 1997

Page 6

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS

UNDER DELEGATED AUTHORITY

Monroe County Bank, Monroeville, Alabama -- report on competitive factors of the

proposed merger with Peterman State Bank, Peterman, Alabama.

- Submitted, November 12, 1997 

Atlanta

NationsBank, National Association, Charlotte, North Carolina -- report on

competitive factors of the proposed merger with Boatmen's Trust Company of

Illinois, Belleville, IIlinois; Boatmen's Trust Company, St. Louis, Missouri; and

Boatmen's Trust Company, Oklahoma City, Oklahoma.

- Submitted, November 10, 1997 

Richmond

Peninsula Bank of Commerce, Millbrae, California -- report on competitive factors of

the proposed merger with GBB Acquisition Corp., Palo Alto, California.

- Submitted, November 13, 1997 

San Francisco

Security National Bank, Manhattan, Kansas -- report on competitive factors of the

proposed merger with Citizens State Bank, Osage City, Kansas.,

- Submitted, November 13, 1997 

San Francisco

Arkansas National Bancshares, Inc., Bentonville, Arkansas -- extension to January

10, 1998, to engage de novo in data processing activities through the development

and marketing of a home-banking software package for other banks through Millenia,

LLC. 

- Granted, November 14, 1997 

EXTENSIONS OF TIME

St. Louis

BNB Bancorp, Inc., Brookville, Ohio -- extension to February 15, 1998, to acquire

Brookville National Bank.

- Granted, November 14, 1997 

Cleveland
H.2

November 9, 1997 to November 15, 1997

Page 7

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS

UNDER DELEGATED AUTHORITY

Provident Bank, Cincinnati, Ohio -- extension to March 31, 1998, to merge with The

Provident Bank of Kentucky, Alexandria, Kentucky. 

- Granted, November 10, 1997 

Cleveland

Hacienda National Bank, Santa Maria, California -- to become a member of the

Federal Reserve System.

- Approved, November 10, 1997 

MEMBERSHIP

San Francisco

Federal Open Market Committee -- minutes of the meeting on September 30, 1997.

- Approved, November 13, 1997 

REGULATIONS AND POLICIES

 FOMC
H.2

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS

UNDER DELEGATED AUTHORITY

Additions/Corrections

Louisville Development Bancorp, Inc., Louisville, Kentucky -- to control Louisville

Enterprise Center, Inc., and engage in community development activities.

- Permitted, November 7, 1997 

BANK HOLDING COMPANIES

St. Louis

Central Bank of Alva, Alva, Oklahoma -- report on competitive factors of the

proposed acquisition of assets and assumption of liabilities of three Woodward,

Oklahoma, branches of BancFirst, Oklahoma City, Oklahoma.

- Submitted, November 7, 1997 

COMPETITIVE FACTORS REPORTS

Kansas City
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week of 11-14-97 

Section I - Applications subject to newspaper notice only

Type Application comment period

Ending date of 

None

Section II - Applications subject to both newspaper and Federal Register notice

Type Application comment period

Ending date of 

None

Section III - Applications subject to Federal Register notice only

Type Application comment period

Ending date of 

None

Section IV - Applications not subject to Federal Register or newspaper notice

Type Application comment period

Ending date of 

None
Section V - Availability of CRA public evaluations

RSSD Examination CRA CRA 

number Institution/Location date public date rating Exam type

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of

the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the

Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was

revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community

be evaluated periodically. That record is taken into account in considering an institution's application for deposit

facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

The federal bank regulators use the following four performance levels to rate an institution's performance under

CRA:

Outstanding

Satisfactory

Needs to improve

Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Examination CRA CRA 

number Institution/Location date public date rating Exam type

None

Section VI - CRA examinations scheduled for First Quarter of 1998

Institution Location

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.

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

first quarter of 1998.
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week of 11/09/97 - 11/15/97

Section I - Applications subject to newspaper notice only

Type Application comment period

Ending date of 

Branch Manufacturers and Traders Trust Company, Buffalo, New York, to 12/08/97

establish a branch office at 1304 Niagra Falls Boulevard,

Tonawanda, New York.*

* Subject to the provisions of the Community Reinvestment Act.

Section II - Applications subject to both newspaper and Federal Register notice

Type Application comment period

Ending date of 

None

 

Section III - Applications subject to Federal Register notice only

Type Application comment period

Ending date of 

None

 

Section IV - Applications not subject to Federal Register or newspaper notice

Type Application comment period

Ending date of 

None

 
Section V - Availability of CRA public evaluations

RSSD Examination CRA CRA 

number Institution/Location date public date rating Exam type

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of

the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the

Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was

revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community

be evaluated periodically. That record is taken into account in considering an institution's application for deposit

facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

The federal bank regulators use the following four performance levels to rate an institution's performance under

CRA:

Outstanding

Satisfactory

Needs to improve

Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Examination CRA CRA 

number Institution/Location date public date rating Exam type

None

Section VI - CRA examinations scheduled for First Quarter of 1998

Institution Location

Chemung Canal Trust Company One Chemung Canal Plaza

P.O. Box 1522

Elmira, New York 14902

Community Bank of Bergen County 125 West Pleasant Avenue

Maywood, New Jersey 07607

European American Bank One E.A.B. Plaza

Uniondale, New York 11555

Tioga State Bank One North Main Street

Spencer, New York 14883
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week of November 10,1997

Section I - Applications subject to newspaper notice only

Type Application comment period

Ending date of 

None

Section II - Applications subject to both newspaper and Federal Register notice

Type Application comment period

Ending date of 

None

Section III - Applications subject to Federal Register notice only

Type Application comment period

Ending date of 

None

Section IV - Applications not subject to Federal Register or newspaper notice

Type Application comment period

Ending date of 

None
Section V - Availability of CRA public evaluations

RSSD Examination CRA CRA 

number Institution/Location date public date rating Exam type

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of

the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the

Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was

revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community

be evaluated periodically. That record is taken into account in considering an institution's application for deposit

facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

The federal bank regulators use the following four performance levels to rate an institution's performance under

CRA:

Outstanding

Satisfactory

Needs to improve

Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Examination CRA CRA 

number Institution/Location date public date rating Exam type

None

Section VI - CRA examinations scheduled for First Quarter of 1998

Institution Location

Bryn Mawr Trust Company Bryn Mawr, PA

First Commercial Bank Philadelphia, PA

Bank of Landisburg Landisburg, PA

Premier Bank Doylestown, PA

First Republic Philadelphia, PA

Summit Bank Bethlehem, PA

Footnotes

“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.”
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending 11/15/97

Section I - Applications subject to newspaper notice only

Type Application comment period

Ending date of 

BKBRX Received notice from Farmers Citizens Bank, Bucyrus, OH * November 19, 1997

on November 10, 1997, of its intent to establish a branch in

Cardington, OH.

Section II - Applications subject to both newspaper and Federal Register notice

Type Application comment period

Ending date of 

3A3A Notice Received notice from Premier Financial Bancorp, Inc., Georgetown, *Not Yet Known#

CC Notice Received notice of Change in Bank Control from Altier Family et al *F: 12/04/97

KY on November 14, 1997, of its intent to acquire Ohio River Bank,

Ironton, OH.

on November 13, 1997, of their intent to acquire up to 49.58% of the

outstanding voting shares of Bank of Corning, Corning, OH

Section III - Applications subject to Federal Register notice only

Type Application comment period

Ending date of 

None
Section IV - Applications not subject to Federal Register or newspaper notice

Type Application comment period

Ending date of 

None

Section V - Availability of CRA public evaluations

Description of the CRA Goal against which institutions are evaluated, the four performance levels, and the

institutions for which an evaluation is publicly available.

The CRA requires a periodic evaluation of each covered institution regarding the extent to which it has ascertained,

and helped meet, the credit needs of its entire delineated community, including low- and moderate-income

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

The federal bank regulators use the following four performance levels to rate an institution’s performance under

CRA.:

Outstanding

Satisfactory

Needs to Improve

Substantial noncompliance

RSSD Examination CRA CRA

number Institution/ Location date public date rating

225728 The Citizens Savings Bank Company 9/02/97 11/10/97 Satisfactory

150727 The Richwood Banking Company 8/25/97 11/10/97 Satisfactory

132 East Front Street

Pemberville, OH 43450

28 North Franklin Street

Richwood, OH 43344
Section VI - CRA examinations scheduled for Fourth Quarter of 1997

Institution Location

Andover Bank P.O. Box 1300, Public Square, Andover, OH 44003-1300

Bank of Corning Company P.O. Box 428, N. Valley Street, Corning, OH 43730-0428

Commercial & Savings Bank Co. P.O. Box 50, 701 S. Market Street, Danville, OH 43014-0050

Fifth Third of Northeastern Ohio 1404 E. Ninth Street, Cleveland, OH 44114

Genoa Banking Company P.O. Box 98, 801 Main Street, Genoa, OH 43430-0098

Hamler State Bank P.O. Box 358, 210 Randolph Street, Hamler, OH 43524-0358

Hocking Valley Bank P.O. Box 4847, 7 W. Stimson, Athens, OH 45701-4847

The Citizens Banking Company P.O. Box 5016, 100 E. Water Street, Sandusky, OH 44871-5016

The Corn City State Bank P.O. Box 197, 120 W. Main Street, Deshler, OH 43516-0197

The Cortland Savings & Banking Co. P.O. Box 98, 194 W. Main Street, Cortland, OH 44410-0098

The Custar State Bank P.O. Box 127, Main Street, Custar, OH 43511-0127

The Farmers Citizen Bank P.O. Box 567, Washington Square, Bucyrus, OH 44820-0567

The Metamora State Bank P.O. Box F, 120 E. Main Street, Metamora, OH 43540-0270

The Minster State Bank P.O. Box 90, 96 W. Fourth Street, Minster, OH 45865-0090

The Provident Bank 1 E. 4th Street, Cincinnati, OH 45202

Towne Bank P.O. Box 202, 610 E. South Boundary, Perrysburg, OH 43551
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week of November 10, 1997

Section I - Applications subject to newspaper notice only

Type Application comment period

Ending date of 

Branch F & M Bank-Northern Virginia, Fairfax, Virginia, to 12-8-97

operate a branch at 200 North Washington Street,

Alexandria, Virginia.*

18(c) Northern Neck State Bank, Warsaw, Virginia, to acquire Not yet available.

branches of Signet Bank, Richmond, Virginia, located in

White Stone; Kilmarnock; Burgess; and Reedville, Virginia.*

18(c) King George State Bank, King George, Virginia, to acquire Not yet available.

the Colonial Beach, Virginia, branch of Signet Bank, Richmond,

Virginia.*

*Application is subject to CRA requirements.

Section II - Applications subject to both newspaper and Federal Register notice

Type Application comment period

Ending date of 

None

Section III - Applications subject to Federal Register notice only

Type Application comment period

Ending date of 

None
Section IV - Applications not subject to Federal Register or newspaper notice

Type Application comment period

Ending date of 

Foreign NationsBank Corporation, Charlotte, North Carolina, to acquire 51% of 

the shares of Banco Liberal, S.A., Rio de Janeiro, Brazil, and Liberal Banking

Corporation Limited, Nassau, Bahamas.

3(a)(1) GNB Bankshares Corporation, Grundy, Virginia, to become a bank holding company through the acquisition of 100% of the voting shares of Grundy

National Bank, Grundy, Virginia.

3(a)(1) Monroe Financial, Inc., Greenville, West Virginia, to become a bank hold-ing

company through the acquisition of 100% of the voting shares of Bank of

Greenville, Greenville, West Virginia.
Section V - Availability of CRA public evaluations

RSSD Examination CRA CRA 

number Institution/Location date public date rating Exam type

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of

the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the

Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was

revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community

be evaluated periodically. That record is taken into account in considering an institution's application for deposit

facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

The federal bank regulators use the following four performance levels to rate an institution's performance under

CRA:

Outstanding

Satisfactory

Needs to improve

Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Examination CRA CRA 

number Institution/Location date public date rating Exam type

615329 The Forest Hill State Bank 8-25-97 11-8-97 Satisfactory Small

130 South Bond Street

Bel Air, Maryland 21014-3836

650526 The CommonWealth Bank 9-2-97 11-9-97 Satisfactory Small

9310 Midlothian Turnpike

Richmond, Virginia 23235-4947
Section VI - CRA examinations scheduled for First Quarter of 1998

Institution Location

F&M Bank - Allegiance Bethesda, Maryland

Community Bank of Tri-County Waldorf, Maryland

The Bank of Belton Belton, South Carolina

Johnsonville State Bank Johnsonville, South Carolina

Virginia Heartland Bank Fredericksburg, Virginia

Bank of Carroll Hillsville, Virginia

First Community Bank of Saltville Saltville, Virginia

Barbour County Bank Philippi, West Virginia

One Valley Bank of Summersville Summersville, West Virginia
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week of November 14, 1997

Section I - Applications subject to newspaper notice only

Type Application comment period

Ending date of 

18(c) Colonial Bank, Montgomery, Alabama, to merge with United 12-07-97*

American Bank of Central Florida, Orlando, Florida.

18(c) Capital City Bank, Tallahassee, Florida, to acquire the assets and 11-29-97*

liabilities of five offices of First Federal Savings & Loan Association

of Florida, Lakeland, Florida (Bronson, Chiefland, Cross City,

Trenton, and Williston, Florida)

Member Harris Trust/Bank of Montreal, West Palm Beach, Florida 12-01-97*

(a/k/a/ Harris Trust Company of Florida), to become a member of the

Federal Reserve System.

18(c) Compass Bank, Houston, Texas, to merge with Fidelity Bank, 11-29-97*

National Association, University Park, Texas.

*Application is subject to CRA requirements.

Section II - Applications subject to both newspaper and Federal Register notice

Type Application comment period

Ending date of 

3(a)(5) The Colonial BancGroup, Inc., Montgomery, Alabama, to merge with 12-08-97*

United American Holding Corporation, and thereby directly acquire Fed Reg

United American Bank of Central Florida, both of Orlando, Florida.

3(a)(5) Compass Bancshares, Inc., Birmingham, Alabama, along with 12-15-97*

Compass Banks of Texas, Inc., Birmingham, Alabama, and Compass Fed Reg

Bancorporation of Texas, Inc., Wilmington, Delaware, to merge with

Fidelity Resources Company, University Park, Texas, and thereby

directly acquire Fidelity Resources Company of Delaware,

Wilmington, Delaware, and Fidelity Bank, National Association,

University Park, Texas.

CIC Admiralty Bancorp, Inc., Hamilton Square, New Jersey, change in 11-28-97*

control notice to acquire 100 percent of White Eagle Financial Group, Fed Reg

Inc., Palm Beach Gardens, Florida.
Section II - Applications subject to both newspaper and Federal Register notice

Type Application comment period

Ending date of 

3(a)(3) Riverside Banking Company, Fort Pierce, Florida, to acquire 12-01-97*

23.53 percent of Class A Stock and 8.89 percent of Class B Stock of Fed Reg

Riverside Gulf Coast Banking Company, and its subsidiary, Riverside

Bank of the Gulf Coast, both of Cape Coral, Florida.

3(a)(1) Community First Banking Company, Carrollton, Georgia, to become 12-01-97*

a bank holding company by acquiring Community First Bank, Fed Reg

Carrollton, Georgia, upon its conversion from a savings and loan

association currently known as Carrollton Federal Bank, FSB.

3(a)(1) Hogan Invesments, Inc., Forsyth, Georgia, along with Hogan N/Avail*

Investments, Ltd., Forsyth, Georgia, and Laurens Bancshares, Inc.,

Dudley, Georgia, to become bank holding companies through

acquisition of Bank of Dudley, Dudley, Georgia.

3(a)(3) Community Bancshares of Mississippi, Inc., Forest, Mississippi, to N/Avail*

acquire Community Bank, DeSoto County, Southhaven, Mississippi

(in organization).

*Application is subject to CRA requirements.

Section III - Applications subject to Federal Register notice only

Type Application comment period

Ending date of 

4(c)(8) Citizens Bancshares Corporation, Atlanta, Georgia, to acquire FSB 12-02-97

Mortgage Services, Inc., Decatur, Georgia, and thereby engage in

providing residential mortgage lending and mortgage brokering

services.

Section IV - Applications not subject to Federal Register or newspaper notice

Type Application comment period

Ending date of 

4(c)(8) United Security Bancshares,Inc., Thomasville, Alabama, through its

subsidiary, First Security Courier Corporation, Thomasville,

Alabama, to engage de novo in operating courier service.
Section V - Availability of CRA public evaluations

RSSD Examination CRA CRA 

number Institution/Location date public date rating Exam type

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of

the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the

Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was

revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community

be evaluated periodically. That record is taken into account in considering an institution's application for deposit

facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

The federal bank regulators use the following four performance levels to rate an institution's performance under

CRA:

Outstanding

Satisfactory

Needs to improve

Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Examination CRA CRA 

number Institution/Location date public date rating Exam type

12833 Columbia Bank 07-28-97 11-06-97 Satisfactory Small Bank

Post Office Box 5079

Tampa, Florida 33675

567231 Bank of Alabama 07-17-97 11-13-97 Satisfactory Small Bank

2340 Woodcrest Place

Birmingham, Alabama 35209
Section VI - CRA examinations scheduled for 4th Quarter of 1997

Institution Location

The Peoples Bank & Trust Company Selma, Alabama

Gulf Bank Miami, Florida

Citizens Trust Bank Atlanta, Georgia

Colonial Bank Montgomery, Alabama

Bank of Alabama Birmingham, Alabama

The Community Bank Nashville, Tennessee

Commercial Bank Harrogate, Tennessee

Capital City Bank Tallahassee, Florida

Southeastern Bank of Florida Alachua, Florida
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week of November 14, 1997

Section I - Applications subject to newspaper notice only

Type Application comment period

Ending date of 

Branch NBD Bank Newspaper - 11/24/97

Detroit, Michigan

34400 Utica Road

Fraser, Michigan

Branch North Shore Community Bank & Trust Company Newspaper - 12/12/97

Wilmette, Illinois

351 Linden Avenue

Wilmette, Illinois

Newspaper - Newspaper Comment Period Ending Date

Section II - Applications subject to both newspaper and Federal Register notice

Type Application comment period

Ending date of 

3(a)(3) Bank of Montreal* Fed Reg - 11/28/97

Montreal, Canada Newspaper - 12/1/97

Harris Trust Company of Florida

West Palm Beach, Florida

3(a)(3) Bankmont Financial Corp.* Fed Reg - 11/28/97

Chicago, Illinois Newspaper - 12/1/97

Harris Trust Company of Florida

West Palm Beach, Florida

3(a)(3) Harris Bankcorp, Inc.* Fed Reg - 11/28/97

Chicago, Illinois Newspaper - 12/1/97

Harris Trust Company of Florida

West Palm Beach, Florida

3(a)(1) RW Bancorp., Ltd.* Fed Reg - 12/12/97

Reeseville, Wisconsin Newspaper -11/28/97

State Bank of Reeseville

Reeseville, Wisconsin
Section II - Applications subject to both newspaper and Federal Register notice

Type Application comment period

Ending date of 

3(a)(3) Capitol Bancorp, Ltd.* Fed Reg - 11/28/97

Lansing, Michigan Newspaper - N/Avail

Kent Commerce Bank (in organization)

Kentwood, Michigan

3(a)(1) Koss-Winn Bancshares, Inc. Employee Stock Ownership Fed Reg - 12/12/97

 Plan with 401(k) Provisions* Newspaper - N/Avail

Buffalo Center, Iowa

Koss-Winn Bancshares, Inc.

Buffalo Center, Iowa

Farmers Trust and Savings Bank

Buffalo Center, Iowa

3(a)(1) First Mutual of Richmond, Inc.* Fed Reg - 12/15/97

Richmond, Indiana Newspaper - N/Avail

Richmond Mutual Bancorporation, Inc.

Richmond, Indiana

First Bank of Richmond, National Association

Richmond, Indiana

3(a)(1) Richmond Mutual Bancorporation, Inc.* Fed Reg - 12/15/97

Richmond, Indiana Newspaper - N/Avail

First Bank of Richmond, National Association

Richmond, Indiana

3(a)(3) F & M Bancorporation, Inc.* Fed Reg - N/Avail

Kaukauna, Wisconsin Newspaper - N/Avail

Sentry Bancorp, Inc.

Edina, Minnesota

Cannon Valley Bank

Dundas, Minnesota

3(a)(5) F & M Merger Corporation* Fed Reg - N/Avail

Kaukauna, Wisconsin Newspaper - N/Avail

Sentry Bancorp, Inc.

Edina, Minnesota

Cannon Valley Bank

Dundas, Minnesota

CoC-HC First Lacon Corp. Fed Reg - N/Avail

Lacon, Illinois Newspaper - 11/28/97

By Norman L. Nelson and Louise K. Kanive

Fed Reg - Federal Register Comment Period Ending Date

Newspaper - Newspaper Comment Period Ending Date

N/Avail - Not available at this time

* - Subject to the provision of the Community Reinvestment Act
Section III - Applications subject to Federal Register notice only

Type Application comment period

Ending date of 

4(c)(8) Community National Bancorporation Fed Reg - 11/28/97

Waterloo, Iowa

To engage de novo in making and servicing loans

Fed Reg - Federal Register Comment Period Ending Date

Section IV - Applications not subject to Federal Register or newspaper notice

Type Application comment period

Ending date of 

None
Section V - Availability of CRA public evaluations

RSSD Examination CRA CRA 

number Institution/Location date public date rating Exam type

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of

the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the

Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was

revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community

be evaluated periodically. That record is taken into account in considering an institution's application for deposit

facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

The federal bank regulators use the following four performance levels to rate an institution's performance under

CRA:

Outstanding

Satisfactory

Needs to improve

Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

583147 Firstar Bank 4/21/97 11/10/97 Outstanding Large

One South Pinckney Street

P.O. Box 7900

Madison, WI 53707-7900

(608) 252-4000

830645 The Farmers Bank 8/11/97 11/12/97 Satisfactory Small

130 S. Washington Street

P.O. Box 170

Mt. Pulaski, IL 62548

(217) 792-5286
Section VI - CRA examinations scheduled for First Quarter of 1998

Institution Location

ILLINOIS

Midwest Bank and Trust Company Elmwood Park

Northside Community Bank Gurnee

Midwest Bank of Hinsdale Hinsdale

Royal American Bank Inverness

Peoples State Bank of Mansfield Mansfield

Millbrook-Newark Bank Newark

Midwest Bank of McHenry County Union

INDIANA

Irwin Union Bank and Trust Columbus

IOWA

Iowa State Bank Calmar

Fortress Bank of Cresco Cresco

Citizens Bank and Trust Hudson

The Home Trust & Savings Bank Osage

Ossian State Bank Ossian

Community Savings Bank Robins

Security State Bank Stuart

Tama State Bank Tama

Washington State Bank Washington

MICHIGAN

Eastern Michigan Bank Croswell

G W Jones Exchange Bank Marcellus

Michigan Heritage Bank Novi

WISCONSIN

F&M Bank-Algoma Algoma

M&I Bank Fox Valley Appleton
M&I Bank Northeast Green Bay

M&I Bank South Janesville

M&I Bank of Mayville Mayville

M&I Bank of Southern Wisconsin Madison

Liberty Bank Milwaukee

M&I Central State Bank Oshkosh

Heritage Bank and Trust Racine

M&I Bank of Shawano Shawano

M&I Mid-State Bank Stevens Point

M&I Bank South Central Watertown
District 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week of November 10, 1997

Section I - Applications subject to newspaper notice only

Type Application comment period

Ending date of 

None

Section II - Applications subject to both newspaper and Federal Register notice

Type Application comment period

Ending date of 

3(a)(1) * Notice by First Western Bancshares, Inc. Employee Fed Reg: 12/8/97

Stock Ownership Trust, Booneville, Arkansas, to acquire 

30.4 percent of the voting shares of First Western 

Bancshares, Inc., Booneville, Arkansas (previously 

reported during the week of November 3, 1997).

3(a)(3) * Notice by First Banks, Inc., St. Louis, Missouri, to Newspaper: 12/17/97

acquire Pacific Bay Bank, San Pablo, California.

* Subject to the provisions of the Community Reinvestment Act.

Section III - Applications subject to Federal Register notice only

Type Application comment period

Ending date of 

None
Section IV - Applications not subject to Federal Register or newspaper notice

Type Application comment period

Ending date of 

4(j)(5)(B) Notice by NSB Bancorp, Inc., Metropolis, N/A

Illinois, to acquire 25 percent of Central Coast

Processing, Inc., San Luis Obispo, California.

Section V - Availability of CRA public evaluations

RSSD Examination CRA CRA 

number Institution/Location date public date rating Exam type

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of

the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the

Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was

revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community

be evaluated periodically. That record is taken into account in considering an institution's application for deposit

facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

The federal bank regulators use the following four performance levels to rate an institution's performance under

CRA:

Outstanding

Satisfactory

Needs to improve

Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Examination CRA CRA 

number Institution/Location date public date rating Exam type

814757 UMB Bank, Northeast 8/11/97 10/10/97 Outstanding Large Bank

Monroe City, MO
Section VI - CRA examinations scheduled for first Quarter of 1998

Institution Location

Bank of Bentonville Bentonville, Arkansas

McIlroy Bank & Trust Fayetteville, Arkansas

Farmers and Merchants Bank Rogers, Arkansas

Springdale Bank & Trust Springdale, Arkansas

The Farmers & Merchants Bank Stuttgart, Arkansas

The Bank of Yellville Yellville, Arkansas

First State Bank of St. Peter St. Peter, Illinois

Teutopolis State Bank Teutopolis, Illinois

TCB Bank Tell City, Indiana

The Callaway Bank Fulton, Missouri

Farmers & Merchants Bank Hannibal, Missouri

Citizens Bank New Haven, Missouri
District 9

Federal Reserve Bank of Minneapolis

Applications and Notifications Filed During the Week of November 10, 1997

Section I - Applications subject to newspaper notice only

Type Application comment period

Ending date of 

Member Glacier Bank of Eureka, Eureka, Montana, to become a member December 19, 1997

of the Federal Reserve System.

Member Glacier Bank of Whitefish, Whitefish, Montana, to become a December 19, 1997

member of the Federal Reserve System.

Branch Yellowstone Bank, Laurel, Montana, to establish a branch in November 14, 1997

Billings, Montana. *

Branch Yellowstone Bank, Laurel, Montana, to establish a branch in November 21, 1997

Billings, Montana. *

* Subject to the provisions of the Community Reinvestment Act.

Section II - Applications subject to both newspaper and Federal Register notice

Type Application comment period

Ending date of

3(a)(3) Montana Security, Inc., Havre, Montana, for prior approval to acquire December 15, 1997

100% of the voting shares of Northeast Montana Bank Shares, Inc., (Fed Reg)

Poplar, Montana. *

3(a)(5) GEBSCO, Inc., Cochrane, Wisconsin, for prior approval to merge December 8, 1997

with Firstmondovi, Inc., Mondovi, Wisconsin. * (Fed Reg)

3(a)(1) Eastwood Financial Corporation Employees' Profit Sharing and Stock N/Avail

Ownership Plan, Rochester, Minnesota, for prior approval to become

a bank holding company through the acquisition of 30% of the voting

shares of Eastwood Financial Corporation, Rochester, Minnesota. *

* Subject to the provisions of the Community Reinvestment Act.
Section III - Applications subject to Federal Register notice only

Type Application comment period

Ending date of 

None

Section IV - Applications not subject to Federal Register or newspaper notice

Type Application comment period

Ending date of

None

Section V - Publicly available CRA evaluations

RSSD Examination CRA CRA

number Institution/ Location date public date rating Exam type

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of

the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the

Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was

revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community

be evaluated periodically. That record is taken into account in considering an institution's application for deposit

facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

The federal bank regulators use the following four performance levels to rate an institution's performance under

CRA:

Outstanding

Satisfactory

Needs to improve

Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Examination CRA CRA

number Institution/ Location date public date rating Exam type

624956 Valley Bank of Ronan 9/4/97 11/12/97 Outstanding Small Bank

Ronan, Montana
Section VI - CRA examinations scheduled Quarter of January 1, 1998 - March 31, 1998

Institution Location

United Bankers' Bank Bloomington, Minnesota

American State Bank Grygla, Minnesota

Minnesota BANKFIRST Minneapolis, Minnesota

First Citizens Bank of Butte Butte, Montana

Community Bank-Missoula, Inc. Missoula, Montana

Farmers State Bank Victor, Montana

Dacotah Bank Aberdeen, South Dakota

BANKFIRST Sioux Falls, South Dakota

F&M Bank-Landmark Clear Lake, Wisconsin

 
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week of November 14, 1997

Section I - Applications subject to newspaper notice only

Type Application comment period

Ending date of 

None

Section II - Applications subject to both newspaper and Federal Register notice

Type Application comment period

Ending date of 

CIC Michael and Debra Platt, Hardtner, Kansas; James and Beverly Molz, Fed Reg - 09/10/97

Kiowa, Kansas; David and Peggy Collins, Burlington, Oklahoma; and Newspaper -

Roland and Terry Pederson, Burlington, Oklahoma, for prior approval 09/02/97

to acquire voting control of B-K Agency, Inc., Hardtner, Kansas, and

thereby indirectly acquire Farmers State Bank, Hardtner, Kansas.

*3(a)(1) Sundance Bankshares, Inc., Sundance, Wyoming, for prior approval Fed Reg - 12/15/07

to become a bank holding company through the acquisition of 100 Newspaper - N/Avail

percent of the voting shares of Sundance State Bank, Sundance,

Wyoming.

CIC L & W Holding Company, Oklahoma City, Oklahoma, for prior Fed Reg- N/Avail

approval to acquire voting control of First Fidelity Bancorporation, Newspaper -N/Avail

Oklahoma City, Oklahoma, and thereby indirectly acquire

First Fidelity Bank, N.A., Oklahoma City, Oklahoma.

Section III - Applications subject to Federal Register notice only

Type Application comment period

Ending date of 

None
Section IV - Applications not subject to Federal Register or newspaper notice

Type Application comment period

Ending date of 

3(a)(1)RN Union City Corporation, Union City, Oklahoma, for prior approval to

become a bank holding company through acquisition of 100 percent

of the voting shares of Bank of Union, Union City, Oklahoma.

Section V - Availability of CRA public evaluations

Description of the CRA Goal against which institutions are evaluated, the four performance levels, and the

institutions for which an evaluation is publicly available.

The CRA requires a periodic evaluation of each covered institution regarding the extent to which it has ascertained,

and helped meet, the credit needs of its entire delineated community, including low- and moderate-income

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

The federal bank regulators use the following four performance levels to rate an institution’s performance under

CRA.:

Outstanding

Satisfactory

Needs to Improve

Substantial noncompliance

RSSD Examination CRA CRA

number Institution/ Location date public date rating

416058 Citizens Bank 08-11-97 11-11-97 Satisfactory

Westminster, Colorado

Section VI - CRA examinations scheduled for 1st Quarter of 1998

Institution Location

Rio Grande County Del Norte, Colorado

Farmers State Bank Fort Morgan, Colorado

Unita County Mountain View, Wyoming

First State Bank Fort Collins, Colorado

State Bank & Trust Colorado Springs, Colorado

Montrose Bank Montrose, Colorado
District 11

Federal Reserve Bank of Dallas

Applications and Notifications Filed During the Week of November 10, 1997

Section I - Applications subject to newspaper notice only

Type Application comment period

Ending date of 

None

Section II - Applications subject to both newspaper and Federal Register notice

Type Application comment period

Ending date of

CIC Chase Family No. 2, Ltd., Waco, TX, et al, to acquire an interest in **97/11/28

CentraBanc Corporation, Waco, TX

(Previously reported during the week of October 27, 1997) 

CIC Lyndon Lowell Olson, Jr., Waco, TX, only notificant, to acquire an **97/11/28

interest in CentraBanc Corporation, Waco, TX

(Previously reported during the week of October 27, 1997)

CIC Jack C. Vanderburg, Dalhart, TX, et al, to acquire an interest in First **97/12/04

Dalhart Bancshares, Inc., Dalhart, TX

(Previously reported during the week of November 3, 1997)

* Subject to the provisions of the Community Reinvestment Act.

** Comment period ending date is the date specified in the newspaper only.

N/Avail - Not available at this time.

Section III - Applications subject to Federal Register notice only

Type Application comment period

Ending date of 

None
Section IV - Applications not subject to Federal Register or newspaper notice

Type Application comment period

Ending date of

None

Section V - Publicly available CRA evaluations

RSSD Examination CRA CRA

number Institution/ Location date public date rating Exam type

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of

the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the

Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was

revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community

be evaluated periodically. That record is taken into account in considering an institution's application for deposit

facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

The federal bank regulators use the following four performance levels to rate an institution's performance under

CRA:

Outstanding

Satisfactory

Needs to improve

Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Examination CRA CRA

number Institution/ Location date public date rating Exam type

None
Section VI - CRA examinations scheduled First Quarter of 1998

Institution Location

Texas Heritage Bank 500 W. Hwy 79

961156 Hutto, TX 78634

Security State Bank 115 W. 3rd Street

133551 Pecos, TX 79772

Citizens Bank & Trust Company of Baytown 1300 Rollingbrook Dr.

203856 Baytown, TX 77521
District 12

Federal Reserve Bank of San Francisco

Applications and Notifications Filed During the Week of 11/10/97 through 11/14/97

Section I - Applications subject to newspaper notice only

Type Application comment period

Ending date of 

None

Section II - Applications subject to both newspaper and Federal Register notice

Type Application comment period

Ending date of

3(a)(1) Urban Bank, Makati City, Philippines, to become a bank holding Newspaper 11/28/97

company by acquiring Redwood Bancorp, San Francisco, California.

* Fed Reg 12/10/97

3(a)(5) InterWest Bancorp, Inc., Oak Harbor, Washington, to merge with Newspaper 12/07/97

Puget Sound Bancorp, Inc., Port Orchard, Washington. *

Fed Reg N/Avail

3(a)(3) Eggemeyer Advisory Corp., Castle Creek, L.L.C., and Castle Creek Newspaper 12/11/97

Capital Partners Fund-I, L.P., all of San Diego, California, to acquire

up to 24.9 percent of Regency Bancorp, Fresno, California. * Fed Reg N/Avail

* Subject to CRA
Section III - Applications subject to Federal Register notice only

Type Application comment period

Ending date of 

4(c)(8) First Security Corporation, Salt Lake City, Utah, to engage in Fed Reg N/Avail

underwriting and dealing in certain "bank eligible" and "bank

ineligible" securities, other securities related activities, and activities

incidental thereto through the establishment of a Section 20 broker

dealer subisidiary, First Security Capital Markets, Inc., Salt Lake

City, Utah.

4(c)(8) Eggemeyer Advisory Corp., Castle Creek, L.L.C., and Castle Creek Fed Reg N/Avail

Capital Partners Fund-I, L.P., all of San Diego, California, to engage

in certain nonbanking activities through the acquisition of Regency

Investment Advisors, Inc., Fresno, California.

Section IV - Applications not subject to Federal Register or newspaper notice

Type Application comment period

Ending date of

None
Section V - Publicly available CRA evaluations

RSSD Examination CRA CRA Large Small

number Institution/ Location date public date rating bank bank

Exam type

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of

the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the

Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was

revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community

be evaluated periodically. That record is taken into account in considering an institution's application for deposit

facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

The federal bank regulators use the following four performance levels to rate an institution's performance under

CRA:

Outstanding

Satisfactory

Needs to improve

Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Examination CRA CRA Large Small

number Institution/ Location date public date rating bank bank

Exam type

None
Section VI - CRA examinations scheduled Quarter of First Quarter of 1998

Institution Location

Bank of Coronado Coronado, CA

Bank of Ephraim Ephraim, UT

Bank of Lake County Lakeport, CA

Cache Valley Bank Logan, UT

California Center Bank Los Angeles, CA

Capital Bank of North County Carlsbad, CA

Community First Bank Prineville, OR

Cuyamaca Bank Santee, CA

Farmers and Merchants Bank of Central Lodi, CA

California

Farmers and Merchants Bank of Long Beach Long Beach, CA

First American Bank Rosemead, CA

Foothill Independent Bank Glendora, CA

Harris Trust Bank of Arizona Scottsdale, AZ

Humboldt Bank Eureka, CA

Idaho Banking Company Boise, ID

Mid-Peninsula Bank Palo Alto, CA

North County Bank Escondido, CA

San Benito Bank Hollister, CA

Westamerica Bank San Rafael, CA

Footnotes: The above data are being provided for your information should you wish to share comments with this

Reserve Bank regarding the CRA performance of a scheduled bank's examination. 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. Written comments should be directed to W.

Gordon Smith at the Federal Reserve Bank of San Francisco, Division of Banking Supervision and Regulation

(MS620), 101 Market Street, San Francisco, CA 94105.