ANNOUNCEMENT 

BOARD OF GOVERNORS 

-OF THE 

FEDERAL RESERVE SYSTEM 

H.2, 1996, No. 44 

Actions of the Board, its Staff, and 

the Federal Reserve Banks; 

Applications and Reports Received 

During the Week Ending November 2, 1996 

ACTIONS TAKEN BY THE BOARD OF GOVERNORS 

HOLDING COKPANIES 

Gruppo Bancario San Paolo di Torino, S.p.A., Turin, 

Italy -- request for modification of an existing 

teaporary exemption under section 4(c)(9) of the 

Bank Holding Company Act to increase the amount of 

shares of Istituto Mobiliare Italiano, S.p.A., that 

may be held by Gruppo Bancario. 

Granted, October 28, 1996. 

Monte dei Paschi di Siena, Siena, Italy, and Banca 

Monte dei Pasch! d! Siena -- request for teaporary 

exemption under section 4(c)(9) of the Bank Holding 

Company Act to continue to hold shares of Istituto 

Mobiliare Italiano, S.p.A., Rome, Italy. 

Granted, October 28, 1996. 

River Valley Bancorp, Madison, Indiana -- to acquire 

Citizens National Bank of Madison, and engage in 

the operation of a savings and loan association 

through acquisition of Madison First Federal 

Savings and Loan Association and thereby engage 

de novo in lending activities. 

Approved, October 28, 1996. 

lANK MERGERS 

Chase Manhattan Bank, New York, New York -- to merge 

with Chemical Bank of New Jersey, N.A., Morristown, 

New Jersey, and to establish branches. 

Approved, October 28, 1996. 

BANKS. STATE MEXIER 

United States Trust Coapany of New York -­

-- request to be designated a wholesale bank for 

purposes of the Co..unity Reinvestment Act. 

Approved, October 30, 1996. 

REGULATIONS AND POLICIES 

Accounting for Derivative and Similar Financial 

Instruments and for Hedging Activities -- letter to 

the Financial Accounting Standards Board coamenting 

on its proposal. 

Approved, October 30, 1996. 
H.2 

OCTOBER 28, 1996 TO NOVEMBER 1, 1996 

PAGE 2 

ACTIONS TAKEN BY THE BOARD OF GOVERNORS 

REGULATIONS AND POLICIES 

Regulation 0 -- final rule to conform regulation to 

statutory changes regarding lending to insiders and 

insiders of affiliates; and proposed rule to exempt 

certain executive officers and directors of 

affiliates from Regulation 0 <Docket R-0939). 

Approved, November 1, 1996. 

Regulation R -- proposal to rescind regulation and to 

remove an interpretation regarding the 

applicability of section 32 of the Glass-Steagall 

Act to bank holding companies. 

Approved, October 30, 1996. 

Section 20 subsidiaries -- clarification of 

applicability of firewall amendments to foreign 

banks revised treatment of revenue. 

Approved, October 30, 1996. 

Section 20 subsidiaries -- changes to ease or 

eliminate three firewalls. 

Approved, October 30, 1996. 

RESERVE BANK SERVICES 

Federal Reserve priced services -- fee schedules for 

1997. 

Approved, October 3D, 1996. 

Fedwire -- announcement of December 8, 1997, as the 

effective date of the expanded operating hours for 

the Fedwire funds transfer services. 

Approved, October 30, 1996. 

Priced services -- private sector adjustment factor 

for 1997. 

Approved, October 3D, 1996. 
H.2 

OCTOBER·2S, 1996 TO NOVEMBER 1, 1996 

PAGE 3 

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS 

UNDER DELEGATED AUTHORITY 

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

Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve 

Bank Operations; IF - International Financej OSDM - Office of Staff Director 

for Management 

BANK BRANCHES, DOMESTIC 

Kansas City BancFirst, Oklahoma City, Oklahoma -- to establish a 

branch at 722 North Broadway. 

Approved, November 1, 1996. 

Richmond Centura Bank, Rocky Mount, North Carolina -- to 

establish a branch at 2300 Arendell Street, 

Morehead, North Carolina. 

Approved, October 28, 1996. 

Kansas City First State Bank of Taos, Taos, New Mexico -- to 

establish a branch at 1016 Central SW, Moriarty, 

New Mexico. 

Approved, October 31, 1996. 

New York Summit Bank, Hackensack, New Jersey -- to establish a 

branch at 433 Market Street, Camden, New Jersey. 

Approved, November 1, 1996. 

BANK HOLDING COMPANIES 

Atlanta Appalachian Bancshares, Inc., Ellijay, Georgia 

request for waiver of a certain commitment. 

Approved, October 29, 1996. 

New York Bank Austria, Vienna, Austria -- to engage in certain 

lending activities through Bank Austria Mortgage, a 

proposed de novo subsidiary. 

Approved, November 1, 1996. 

Chicago Bank of Montreal, Montreal, Canada, and Bankmont 

Financial Corp., New York, New York -- notification 

of intent to engage in the provision of discount 

and full service brokerage activities through one 

or more offices in Canada, of Nesbitt Burns 

Securities, Inc., New York, New York. 

Withdrawn, October 30, 1996. 

Secretary BankAmerica Corporation, San Francisco, California 

to acquire Arrowhead LLC, San Jose, California, and 

engage in mortgage banking activities. 

Approved, October 30, 1996. 
H.2 

OCTOBER 28, 1996 TO NOVEMBER 1, 1996 

PAGE 4 

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS 

UNDER DELEGATED AUTHORITY 

BANK HOLDING CO~PANIES

Richmond CCB Financial Corporation, Durham, North Carolina -­

to engage de novo in data processing and management 

consulting services to depository institutions 

through a subsidiary to be known as CCB Services, 

Inc. 

Approved, November 1, 1996. 

Minneapolis Dent Bancshares, Inc., Dent, Minnesota -- to acquire 

Farmers State Bank. 

Approved, October 28, 1996. 

Secretary First National of Nebraska, Inc., Omaha, Nebraska, 

and First National of Colorado, Inc. -- to engage 

de novo in career counseling through the formation 

of Professional Career Services, Inc. 

Approved, November 1, 1996. 

New York Iroquois Bancorp, Inc., Auburn, New York -- to 

acquire Cayuga Savings Bank and Cayuga Bank. 

Approved, October 30, 1996. 

New York Iroquois Bancorp, Inc., Auburn, New york -- to 

acquire Cuyuga Savings Bank, and Cuyuga Bank; (1) 

to retain Homestead Savings (FA), Utica, and 

continue to engage in operating a savings 

association; (2) to continue to engage through 

Cayuga Financial Services, Inc., and H.S. Services 

Corporation in insurance activities; (3) to 

continue to engage through CFS in securities 

brokerage activities; and (4) to engage de novo 

through CFS in investment and financial advisory 

service activities. 

Approved, October 30, 1996. 
H.2 

OCTOBER 28, 1996 TO NOVEMBER 1, 1996 

PAGE 5 

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS 

UNDER DELEGATED AUTHORITY 

BANK HOLDING COMPANIES 

New York Iroquois Bancorp, Inc., Auburn, New York -­ to 

acquire Cuyuga Savings Bank, and Cuyuga Bank; 

(1) to retain Homestead Savings (FA), Utica, and 

continue to engage in operating a savings 

association; (2) to continue to engage through 

Cayuga Financial Services, Inc., and H.S. Services 

Corporation in insurance activities; (3) to 

continue to engage through CFS in securities 

brokerage activities; and (4) to engage de novo 

through CFS in investment and financial advisory 

service activities. 

Approved, October 30, 1996. 

Minneapolis Klein Bancorporation, Inc., Chaska, Minnesota to 

engage de novo in providing data processing to 

commonly-owned insurance agencies. 

Permitted, October 30, 1996. 

Dallas Martex Bancshares, Inc., Marshall, Texas -­ to merge 

with Heritage Texas Group, Inc., Pittsburg, Texas. 

Approved, October 30, 1996. 

St. Louis MNB Bancshares, Inc., Malvern, Arkansas -­ to acquire 

shares of the Malvern National Interim Bank, and 

First National Interim Bank of Sheridan, Sheridan, 

Arkansas. 

Approved, October 29, 1996. 

Director, BS&R New American Bank Holding Corporation, Corpus 

Christi, Texas -­ request for relief from a 

commitment made in connection with its application 

to acquire and merge with American Bank Holding 

Corporation and acquire American National Bank. 

Granted, October 31, 1996. 

New York OBT Holding Corporation, San Juan, Puerto Rico -­ to 

acquire Oriental Bank and Trust, Hato Rey, Puerto 

Rico. 

Approved, October 28, 1996. 
H.2 

OCTOBER 28, 1996 TO NOVEMBER 1, 1996 

PAGE 6 

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS 

UNDER DELEGATED AUTHORITY 

BANK HOLDING COMPANIES 

New York Societe Generale, Paris, France -- notice to expand 

its existing authority to provide securities 

brokerage and investment advisory services through 

Fimat Futures USA, Inc., New York, New York. 

Approved, November 1, 1996. 

BAN~ MERGERS 

Cleveland Fifth Third Bank of Northeastern Ohio, Cleveland, 

Ohio -- to merge with Fifth Third Savings Bank of 

Northern Ohio, FSB, Kent, Ohio, and to establish a 

branch. 

Approved, November 1, 1996. 

Cleveland Fifth Third Bank of Northern Kentucky, Inc., 

Florence, Kentucky -- to merge with Fifth Third 

Savings Bank of Northern Kentucky, FSB, Hebron, 

Kentucky. 

Approved, November 1, 1996. 

Secretary Manufacturers and Traders Trust Company, Buffalo, New 

York -- to purchase certain assets and assume 

certain liabilities of two branches of GreenPoint 

Bank, New York, New York. 

Approved, October 30, 1996. 

CAPITAL STOCK 

St. Louis Cafro/Moberly Bancshares, Inc., Moberly, Missouri -­

redemption of shares. 

Approved, October 29, 1996. 

CHANGE IN BANK CONTROL 

St. Louis Cairo/Moberly Bancshares, inc., Moberly, Missouri -­

change in bank control. 

Permitted, October 29, 1996. 

Dallas Haleco Bancshares, Inc., Plainview, Texas -- change 

in bank control. 

Returned, October 29, 1996. 
H.2 

OCTOBER 28, 1996 TO NOVEMBER 1, 1996 

PAGE 7 

ACTIONS TAKEN BY THE STAFF AND tHE FEDERAL RESERV! BANKS 

UNDER DELEGATED AUtHORITY 

CHANGE IN	 BANK CONTROL 

Chicago Ierndt Bank Services, Inc., Lansing, Iowa -- change 

in bank control. 

Permitted, October 30, 1996. 

San Francisco Professional Bancorp, Santa Monica, California -­

change in bank control. 

Permitted, October 31, 1996. 

Minneapolis Rice Lake Bancorp, Inc., Rice Lake, Wisconsin -­

change in bank control. 

Permitted, October 31, 1996. 

COKPETITIVE FACTORS REPORTS
 

Dallas A.erican Bank of Texas, Sherman, Texas, proposed 

acquisition of the assets and assumption of the 

liabilities of branches of Bank of A.erica Texas, 

M.A., Irving, Texas, at 530 West Main Street, 

Denison; 400 North Travis Street, Sherman; 401 East 

Main Street, Whitesboro; 101 East Broadway Street, 

Gainesville; and 621 North Center Street, Bonha., 

Texas -- report on coapetitive factors. 

Submitted, Oetober 30, 1996. 

New York Cayuga Savings Bank, Auburn, New York, proposed 

merger with Cayuga Bank -­ report on coapetitive 

factors. 

Sub.itted, October 31, 1996. 

st. Louis Ch~er Bank, S.B., Sparta, Illinois, proposed aerger 

with Hoae Federal Savings Bank, Carbondale, 

Illinois -- report on competitive factors. 

Submitted, October 29, 1996. 
H.2 

OCTOBER 28, 1996 TO NOVEMBER 1, 1996 

PAGE 8 

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS 

UNDER DELEGATED AUTHORITY 

COMPETITIVE FACTORS REPORTS
 

Philadelphia Farmers and Mechanics Bank, Burlington, New Jersey, 

proposed purchase of the deposit liabilities and 

certain related assets of the 58 Mill Street, Mount 

Holly, New Jersey, branch of Little Falls Bank, 

Little Falls, New Jersey -- report on competitive 

factors. 

Submitted, October 29, 1996. 

Chicago First State Bank, Mendota, Illinois, proposed 

purchase of the assets and assumption of the 

liabilities of the Streator, Illinois, branch of 

First of America Bank-Illinois, N.A., Bannockburn, 

Illinois -- report on competitive factors. 

Submitted, October 28, 1996. 

Dallas First State Bank, Temple, Texas, proposed acquisition 

of the assets and assumption of the liabilities of 

a branch of First Bank of Texas, Tomball, Texas, at 

164 Live Oak, Marlin, Texas -- report on 

competitive factors. 

Submitted, October 30, 1996. 

Chicago Flanagan State Bank, Flanagan, Illinois, proposed 

merger with Flanagan Interim Bank -- report on 

competitive factors. 

Submitted, October 31, 1996. 

San Francisco Glendale Federal Bank, Federal Savings Bank, 

Glendale, California, proposed merger with One 

Central Bank -- report on competitive factors. 

Submitted, October 29, 1996. 

Boston Grove Bank, Chestnut Hill, Massachusetts, proposed 

merger with Greater Boston Bank, a Co-operative 

Bank, Brighton, Massachusetts -- report on 

competitive factors. 

Submitted, October 28, 1996. 
H.2 

OCTOBER '28, 1996 TO NOVEMBER 1, 1996 

PAGE 9 

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS 

UNDER DELEGATED AUTHORITY 

COMPETITIVE FACTORS REPORTS
 

St. Louis Horizon Bank of Columbia County, Arkadelphia, 

Arkansas, proposed purchase of certain assets and 

assumption of certain liabilities of the two 

Columbia County branches of Boatmen's National Bank 

of South Arkansas, Camden, Arkansas -- report on 

competitive factors. 

Submitted, October 29, 1996. 

New York Hudson United Bank, Union City, New Jersey, proposed 

acquisition of certain assets and assumption of 

certain liabilities of the branch of Interchange 

State Bank, Saddle Brook, New Jersey, at 261 

Clifton Avenue, Clifton, New Jersey -- report on 

competitive factors. 

Submitted, October 28, 1996. 

San Francisco Kitsap Bank, Port Orchard, Washington, proposed 

merger with Northwestern Bank, N.A., Bremerton, 

Washington -- report on competitive factors. 

Submitted, October 31, 1996. 

Chicago LaSalle National Bank, Chicago, Illinois, proposed 

merger with LaSalle National Trust, National 

Association -- report on competitive factors. 

Submitted, October 31, 1996. 

Chicago North Salem State Bank, North Salem, Indiana, 

proposed purchase of the assets and assumption of 

the liabilities of the Waveland, branch of National 

City Bank of Indiana, Indianapolis, Indiana -­

report on competitive factors. 

Submitted, October 29, 1996. 

Dallas Norwest Interim Bank Columbia, N.A., West Columbia, 

Texas, proposed merger with West Columbia National 

Bank -- report on competitive factors. 

Submitted, October 30, 1996. 

New York Oriental Bank and Trust, Hato Rey, Puerto Rico, 

proposed merger with Oriental Interim Bank -­

report on competitive factors. 

Submitted, October 29, 1996. 
H.2 

OCTOBER 28, 1996 TO NOVEMBER 1, 1996 

PAGE 10 

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS 

UNDER DELEGATED AUTHORITY 

COMPETITIVE FACTORS REPORTS 

St. Louis Peoples National Bank and Trust Company, Washington, 

Indiana. proposed merger with The Union Bank, 

Loogootee, Indiana -- report on competitive 

factors. 

Submitted, October 30, 1996. 

Atlanta Regions Bank of Tennessee, Nashville, Tennessee, 

proposed purchase of certain assets and assumption 

of certain liabilities of the Chattanooga, 

Tennessee, branch of Regions Bank, FSB, Dalton, 

Georgia -- report on competitive factors. 

Submitted, October 28, 1996. 

Cleveland Republic Savings Bank, Pepper Pike, Ohio, proposed 

purchase of the assets and assumption of the 

liabilities of branches of First National Bank of 

Akron, Akron, Ohio -- report on competitive 

factors. 

Submitted, October 28, 1996. 

Richmond Sandy Spring National Bank of Maryland, Olney, 

Maryland, proposed purchase of certain assets and 

assumption of certain liabilities of the Bethesda, 

Maryland, branch of Bank of Maryland, Towson, 

Maryland -- report on competitive factors. 

Submitted, October 31, 1996. 

Chicago Somers Savings Bank, Somers, Iowa, proposed merger 

with First State Bank of Gowrie, Gowrie, Iowa -­

report on competitive factors. 

Submitted, Octob~r 31, 1996. 

Chicago Southern Michigan Bank and Trust, Coldwater, 

Michigan, proposed purchase of the assets and 

assumption of the liabilities of the Northern 

Adams, Michigan, and Pennfield, Michigan, branches 

of First of America Bank, N.A., Grand Rapids, 

Michigan -- report on competitive factors. 

Submitted, October 28, 1996. 
H.2 

OCTOBER '28, 1996 TO NOVEMBER 1, 1996 

PAGE 11 

ACTIONS tAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS 

UNDER DELEGATED AUTHORITY 

COMPETITIVE FACTORS REPORTS
 

San Francisco Washington Mutual Bank, Seattle, Washington, proposed 

merger with United Western Financial Group, Inc., 

Salt Lake City, Utah, and United Savings Bank -­

report on competitive factors. 

Submitted, October 28, 1996. 

EXTENSIONS OF TIME 

New York Dresdner Bank AG, Frankfurt, (Main), Germany -­

extension to January 26, 1997, to engage de novo in 

lending activities through Dresdner Bridge 

Investors, Inc., New York, New York. 

Granted, October 28, 1996. 

New York NVE Bancorp, Englewood, New Jersey, MHC Bancorp, and 

NVE Bancorp, Inc. -- extension to December 14, 

1996, to acquire NVE Savings Bank. 

Granted, October 30, 1996. 

Dallas Quachita Bancshares Corp., Monroe, Louisiana -­

extension to January 31, 1997, to acquire Quachita 

Independent Bank. 

Granted, October 31, 1996. 

San Francisco Sakura Bank, LTD., Tokyo, Japan -- extension of time 

to divest certain property. 

Granted, October 29, 1996. 

MEMBERSHIP 

Kansas city First State Bank, Lodgepole, Nebraska -- to become a 

member of the Federal Reserve System. 

Approved, October 29, 1996. 
H.2 ADDITIONS AND CORRECTIONS 

OCTOBER 28, 1996 TO NOVEMBER 1. 1996 

PAGE 12 

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
 

UNDER DELEGATED AUTHORITY
 

COMPETITIVE FACTORS REPORTS 

Minneapolis North Country Bank, South Range, Michigan, proposed 

merger with First National Bank in Ontonagon, 

Ontonagon. Michigan -- report on competitive 

factors. 

Submitted, October 22, 1996. 
- --------------------------

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
 

SECTION I - APPLICATIONS SUBJECT TO
 

NEWSPAPER NOTICE ONLY
 

Jlication Comment Period Ending Date 

NONE 

SECTION II - APPLICATIONS SUBJECT TO BOTH 

NEWSPAPER AND FEDERAL REGISTER NOTICE 

Jlication 

r Corp, Boston, 

3'sachusetts -

3.) (3)/3(a) (5) 

Jlication to acquire 

lden Bancorp, Inc., 

=on, Massachusetts* 

Comment Period Ending Date 

Newspaper Not Yet Established 

Federal Register 11-29-96 

~rter Oak Community Bank

rp., Vernon, Connecticut

3(a} (1) application to 

come a mutual holding 

mpany by acquiring 100% 

the voting shares of 

e Savings Bank of 

ckville, Vernon, 

nnecticut* 

Newspaper Not Yet Established 

Federal Register 12-06-96 

SECTION III - APPLICATIONS SUBJECT TO 

FEDERAL REGISTER NOTICE ONLY 

plication 

.mpello Bancorp, Brockton,

lssachusetts - 4 (c) (8) 

Jtification to engage in 

Jan servicing pursuant to 

~ction 225.25(b) (1) of 

~gulation Y 

Comment Period Ending Date 

Federal Register Not Yet Established 

SECTION IV - APPLICATIONS NOT SUBJECT TO 

FEDERAL REGISTER OR NEWSPAPER NOTICE 

Jplication 

NONE 
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS 

Institution Examination Date Rating** 

NONE 

*Subject to eRA. 

**Rating Definitions: "0" - Outstanding; "8" - Satisfactory; "N" - Needs to 

Improve; "8N" - Substantial Noncompliance. 
FEDERAL RESERVE BANK OF NEW YORK
 

Comment Period 

Ending Date 

SECTION I 

Applications Subject to Newspaper 

Notice Only 

First Tier Bank & Trust, Salamanca, New York, to establish a 

branch at 21-25 Water Street, Cuba, New York. 11 11/26/96 

SECTION II 

Applications Subject to Both 

Newspaper and Federal Register Notice 

Notice by HSBC Holdings PLC, London, England, HSBC Holdings 

BY, Amsterdam, the Netherlands, and HSBC Americas, Inc., 

Buffalo, New York (together, "Notificants"), to acquire all of 

the common stock of CTUS, Inc., Wilmington, Delaware, and 

thereby indirectly acquire its wholly owned subsidiary, First 

Federal Savings and Loan Association of Rochester, New York 

("FFS&LA"). Application by Marine Midland Bank, 

Buffalo, New York ("MMB"), a wholly owned subsidiary ofHSBC 

Americas, Inc., for the merger of FFS&LA with and into MMB, with 

MMB as the survivor.l! 1l/29/9611 

SECTION III 

Nonbanking Applications 

(subject to Federal Register Notice Only) 

Notice by Unidanmark A/S and Unibank A/S, both of Copenhagen, 

Denmark, to retain 100 percent of the shares of Aros Securities 

Inc., New York, New York, and thereby to engage in securities 

brokerage activities, including full service brokerage activities; in 

providing investment and financial advice; in acting as agent in 

private placement of all types of securities; and, in buying and selling 

all types of securities on the order of investors as riskless principal. 11/19/96 

Notice by Royal Bank of Canada, Montreal, Canada, to engage 

de novo in lending activities through subsidiaries. 11/19/96 

SECTION IV 

Applications Not Involving 

Public Comment 

None. 

SECTION V 

Availability of CRA Public Evaluations 

In connection with the assessment of each insured depository institution's 

CRA performance, a rating is assigned from the following group: 
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 November 2,1996 

NAME OF BANK RATING EXAMINATION DATE 

None. 

11 Subject to provisions of Community Reinvestment Act.
 

7/ Later of dates specified in newspaper and Federal Register notices.
 

J) Date specified in newspaper notice; a later date may be specified in
 

the Federal Register notice. 

:V Date specified in Federal Register notice; a later date may be 

specified in the newspaper notice. 

N/A - Not Available 
FEDERAL RESERVE BANK OF NEW YORK
 

SECTION I 

Applications Subject to Newspaper 

Notice Only 

First Tier Bank & Trust, Salamanca, New York, to establish a 

branch at 21-25 Water Street, Cuba, New York. 11 11/26/96 

SECTION II 

Applications Subject to Both 

Newspaper and Federal Re~ister Notice 

Notice by HSBC Holdings PLC, London, England, HSBC Holdings 

BV, Amsterdam, the Netherlands, and HSBC Americas, Inc., 

Buffalo, New York (together, '"Notificants"), to acquire all of 

the common stock of CTUS, Inc., Wilmington, Delaware, and 

thereby indirectly acquire its wholly owned subsidiary, First 

Federal Savings and Loan Association of Rochester, New York 

("FFS&LA"). Application by Marine Midland Bank, 

Buffalo, New York ("MMB"), a wholly owned subsidiary of HSBC 

Americas, Inc., for the merger of FFS&LA with and into MMB, with 

MMB as the survivor. 11 11/29/961/ 

SECTION III 

Nonbanking Applications 

(subject to Federal Re~ister Notice Only) 

Notice by Unidanmark A/S and Unibank AlS, both of Copenhagen, 

Denmark, to retain 100 percent of the shares of Arcs Securities 

Inc., New York, New York, and thereby to engage in securities 

brokerage activities, including full service brokerage activities; in 

providing investment and financial advice; in acting as agent in 

private placement of all types of securities; and, in buying and selling 

all types of securities on the order of investors as riskless principal. 11119/96 

Notice by Royal Bank of Canada, Montreal, Canada, to engage 

de novo in lending activities through subsidiaries. 11/19/96 

SECTION IV 

Applications Not Involving 

Public Comment 

None. 

SECTION V 

Availability of CRA Public Evaluations 

In connection with the assessment of each insured depository institution's 

CRA performance, a rating is assigned from the following group: 

Comment Period 

Endin:: Date 
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 November 2,1996 

NAME OF BANK RATING EXAMINATION DATE 

None. 

11 Subject to provisions of Community Reinvestment Act.
 

2/ Later of dates specified in newspaper and Federal Register notices.
 

J./ Date specified in newspaper notice; a later date may be specified in
 

the Federal Register notice. 

1/ Date specified in Federal Register notice; a later date may be 

specified in the newspaper notice. 

N/A - Not Available 
FEDERAL RESERVE BANK OF PHILADELPHIA
 

SECTION I - APPLICATIONS RECEIVED AND SUBJECT TO NEWSPAPER 

NOTICE ONLY 

Premier Bank, Doylestown, PA to establish a branch office to be located at 516 North Second 

Street Pike, Southampton Shopping Center, Southampton, Bucks Co, PA. 

Newspaper comment period expires: 11/26/96 

SECTION II - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEWSPAPER 

AND FEDERAL REGISTER NOTICE
 

NONE
 

SECTION III - APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL
 

REGISTER NOTICE ONLY
 

NONE
 

SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL
 

REGISTER NOTICE OR NEWSPAPER
 

NONE
 
FEDERAL RESERVE BANK OF PHILADELPHIA
 

SECTION V - AVAILABILITY OF eRA PUBLIC EVALUATIONS 

The following institutions were examined for CRA. The 3D-business day period the bank has to make
 

the evaluation public has lapsed during the week ending November 1, 1996.
 

Identification of Ratings
 

In connection with the assessment of each insured depository institution's CRA performance, a rating
 

is assigned from the following groups:
 

Outstanding record of meeting community credit needs.
 

An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping
 

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

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

Satisfactory record of meeting community credit needs. 

An institution in this group has a satisfactory record of ascertaining and helping to meet the credit 

needs of its entire delineated community, including low- and moderate-income neighborhoods, in a 

manner consistent with its resources and capabilities. 

Needs to improve record of meeting community credit needs. 

An institution in this group needs to improve its overall record of ascertaining and helping to meet 

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

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

Substantial noncompliance in meeting community credit needs. 

An institution in this group has a substantially deficient record of ascertaining and helping to meet the 

credit needs ofits entire delineated community, including low- and moderate-income neighborhoods, 

in a manner consistent with its resources and capabilities. 

BankILocation Examination Date eRA Rating 

NONE NONE NONE 
APPLICATIONS BULLETIN
 

(For the week ending November 2, 1996)
 

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY 

Received notice from Citizens Bancorp, Inc., Newport, KY *Not Yet KnownH 

on November 1, 1996, of its intent to form a bank holding 

company through its acquisition of the outstanding voting 

shares of Citizens of Campbell County, Inc., Newport, KY. 

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL 

REGISTER NOTICE 

Received Section 4(c)(8) notification from Peoples Bancorp, Inc., *F: November 18, 1996 

Marietta, OH on October 28, 1996, of its intent to acquire Russell 

Federal Savings Bank, Russell, KY 

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY 

NONE 

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE 

OR NEWSPAPER NOTICE 

Received notice from Mellon Bank Corporation, Pittsburgh, PA on November 1, 1996, of its 

intent to redeem all outstanding shares of its 9.60 % Series I Preferred Stock with a redemption 

date of December 16, 1996, at $25 per share plus accrued dividends. 

* - Subject to CRA 

N - Newspaper Comment Period 

F - Federal Register Comment Period 

# - Expected to End 30 Days from Date of Receipt 
AVAILABILITY OF CRA PUBLIC EVALUATIONS 

(November 1, 1996) 

The following state member banks have been examined by the Federal Reserve Bank of 

Cleveland for compliance with The Community Reinvestment Act. A public evaluation document 

became available from the bank(s) listed below during the week ended November 1, 1996. If you 

are interested in obtaining a copy of an evaluation document, please contact the bank(s) directly. 

There are four descriptive ratings for CRA: 

OUTSTANDING: a bank in this group has an outstanding record of, and is a leader in, 

ascertaining and helping to meet the credit needs of its entire delineated community, including 

low- and moderate-income neighborhoods, in a manner consistent with its resources and 

capabilities. 

SATISFACTORY: a bank in this group has a satisfactory record of ascertaining and 

helping to meet the credit needs of its entire delineated community, including low- and 

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

NEEDS TO IMPROVE: a bank in this group needs to improve its overall record of 

ascertaining and helping to meet the credit needs of its entire delineated community, including 

low- and moderate-income neighborhoods, in a manner consistent with its resources and 

capabilities. 

SUBSTANTIAL NON COMPLIANCE: a bank in this group has a 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. 

NONE 
Federal Reserve Bank of Richmond 

Section I Applications Subject to Newspaper
 

Notice Only
 

Application Comment Period Ending Date 

First Virginia Bank-Maryland, Upper 

Marlboro, Maryland, to establish a 

branch in the community center of the 

Asbury-Solomons Retirement Community 

at 11100 Asbury Circle, Solomons, 

Maryland. * 11-23-96 

Section II - Applications Subject to Both
 

Newspaper and Federal Register Notice
 

Application Comment Period Ending Date 

Notice of Change in Control filed 

by Madhu Mohan Katikineni and Mangal 

Katikineni with respect to First 

Liberty Bancorp, Inc., Washington, 

D. C. 11-20-96** 

First Citizens BancShares, Inc., 

Raleigh, North Carolina, to acquire 

Atlantic States Bank, Raleigh, North 

Carolina (an organizing thrift 

institution).* 11-25-96 

GN Bancorp, Inc., Glen Burnie, Maryland, 

to become a bank holding company through 

the acquisition of 100% of the voting 

shares of County National Bank, Glen 

Burnie, Maryland (in organization).* 11-29-96 

Section III - Applications Subject to Federal Register Notice 

Application Comment Period Ending Date 

None. 

Section IV - Application Not Subject to
 

Federal Register Notice or Newspaper Notice
 

Application 

None. 

*Application is subject to CRA requirements. 

**Expiration of comment period specified in the Federal Register. 
Federal Reserve Bank of Richmond
 

Section V - Availability of CRA Public Evaluations
 

Week ending November 1, 1996
 

Definition of Ratings 

Outstanding record of meeting community credit needs. 

An institution in this group has an outstanding record of, and is a leader in, 

ascertaining and helping to meet the credit needs of its entire delineated 

community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. 

Satisfactory record of meeting community credit needs. 

An institution in this group has a satisfactory record of ascertaining and 

helping to meet the credit needs of its entire delineated community, 

including low- and moderate-income neighborhoods, in a manner consistent 

with its resources and capabilities. 

Needs to improve record of meeting community credit needs. 

An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated 

community, including low- and moderate-income neighborhoods, in a manner 

consistent with its resources and capabilities. 

Substantial noncompliance in meeting community credit needs. 

An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, 

including low- and moderate-income neighborhoods, in a manner consistent with 

its resources and capabilities. 

Examination 

Date Rating 

First Virginia Bank-Piedmont 

7901 Timberlake Road 

Lynchburg, Virginia 24502 7-8-96 Satisfactory 

First Virginia Bank-Clinch Valley 

501 Railroad Avenue 

Richlands, Virginia 24641-2513 7-8-96 Satisfactory 

King George State Bank, Inc. 

Route 3, East 

King George, Virginia 22485-9803 8-12-96 Outstanding 
Federal Reserve Bank of Atlanta 

Applications Bulletin for Week Ending November I. 1996 

Section 1 - Applications Subject to Newspaper Notice Only 

Application 

First Southern Bank 

Comment Period Ending Date 

11-16-96* 

Boca Raton, Florida 

To establish a branch located at 7301 West Palmetto Park Road, Boca Raton, 

Florida, to be known as the Palmetto Park Branch. 

First Southern Bank 11-16-96* 

Boca Raton, Florida 

To establish a branch located at 3050 North Federal Highway, Lighthouse Point, 

Florida, to be known as the Lighthouse Point Branch. 

Section 2 - Applications Subject to Both 

Newspaper and Federal Register Notice 

Application Comment Period Ending Date 

Compass Bancshares, Inc. 11-25-96* 

Birmingham, Alabama Federal Register 

Along with Compass Banks of Texas, Inc., Birmingham, Alabama, and Compass 

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

Valley Bancorp, Inc., College Station, Texas, and Greater Brazos Valley Delaware 

Bancorp, Inc., Dover, Delaware, and thereby directly acquire Commerce National 

Bank, College Station, Texas, pursuant to Section 3 (a) (5) of the Bank Holding 

Company Act. 

First Bank Holding Company Not yet available* 

Tallahassee, Florida 

1-BHC formation, First Bank, Tallahassee, Florida. 

ABC Bancorp Not yet available* 

Moultrie, Georgia 

To merge with M&F Financial Corporation, Donalsonville, Georgia, and thereby 

directly acquire Merchants & Farmers Bank, Donalsonville, Georgia, pursuant to 

Section 3 (a) (5) of the Bank Holding Company Act. 

First Georgia Community Corp. Not yet available* 

Jackson, Georgia 

I-BHC formation, First Georgia Community Bank, Jackson, Georgia 

(in organization) . 

CB&T Holding Corporation 11-14-96* 

New Orleans, Louisiana Newspaper 

Change in control notice by Mr. Gary N. Solomon and Mrs. Martha N. Solomon to 

collectively acquire an additional 21.63 percent of the outstanding shares of CB&T 

Corporation, New Orleans, Louisiana. Total ownership will equal 43.25 percent. 

Section 3 - Applications Subject to Federal Register Only 

Application Comment Period Ending Date 
None. 

*Subject to provisions of the Community Reinvestment Act. 

Federal Reserve Bank of Atlanta 

Applications Bulletin for Week Ending November 1. 1996 

Section 4 - Applications Not Subject to 

Federal Register Notice or Newspaper Notice 

Application 

Prosperity Banking Company
 

St. Augustine, Florida
 

Commitment waiver request.
 
Federal Reserve Bank of Atlanta
 

Applications Bulletin for Week Ending November 1, 1996
 

Seccion 10 - Availability of CRA Public Evaluations
 

The CRA public evaluations of the insured depository institutions listed below 

became available during this week. Information about an institution 's CRA 

evaluation may be obtained directly from the institution. In connection with the 

assessment of an institution's CRA performance, a rating is assigned from the 

following groups: 

Outstanding record of meeting community credit needs: An institution has an 

outstanding record of, and is a leader in, ascertaining and helping to meet the 

credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. 

Satisfactory record of meeting community credit needs: An institution has a 

satisfactory record of ascertaining and helping to meet the credit needs of its 

entire delineated community, including low- and moderate-income neighborhoods, in 

a manner consistent with its resources and capabilities. 

Needs to improve record of meeting community credit needs: An institution needs 

to improve its overall record of ascertaining and helping to meet the credit needs 

of its entire delineated community, including low- and moderate-income 

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

Substantial noncompliance in meeting community credit needs: An institution has 

a substantially deficient record of ascertaining and helping to meet the credit 

needs of its entire delineated community, including low- and moderate-income 

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

Examination 

CRA Rating Date 

SunTrust Bank, North Central Outstanding 07-08-96 

Florida 

Post Office Box 310 

Ocala, Florida 32678 

(904)368-6200 

Bank of Madisonville Outstanding 07-08-96 

Post Office Box 547 

Madisonville, Tennessee 37354 

(615) 442-4511 

First Knoxville Bank Satisfactory 07-08-% 

Post Office Box 200 

Knoxville, Tennessee 37901 

(615)549-5100 

Tri-City Bank and Trust Outstanding 07-08-96 

Company 

Post Office Box 277 

Blountville, Tennessee 37617 

(615)323-3161 

United Southern Bank of Satisfactory 07-08-96 

Morristown 

800 W. Morris Boulevard 
Morristown, Tennessee 37814 

(615)581-1230 
Federal Reserve Bank of Atlanta
 

Applications Bulletin for Week Ending November 1. 1996
 

Recently Approved Applications Approval Date 

Appalachian Bancshares, Inc. 10-29-96 

Ellijay, Georgia 

Commitment waiver request. 
Federal Reserve Bank of Chicago 

Section I - Applications Subject to Newspaper 

Notice Only 

Comment Period 

Application Ending Date 

~erger/Branches Kent City State Bank NP - 11-06-96 

Kent City, Michigan 

Grant State Bank: 

Grant, Michigan 

- 10 West Main Street, Grant, ~ichigan & 21 East 82nd Street, Newaygo, Michigan 

Branch Security Savings Bank: NP - 11-1-96 

Farnhamville, Iowa 

320 Garfield Street 

Farnhamville, Iowa 

Branch Bloomingdale Bank & Trust NP - 11-9-96 

Bloomingdale, Illinois 

104 South Main Street 

Park Ridge, Illinois 

NP - Newspaper 

FR - Federal Register 

* - Subject to Provisions of Community Reinvestment Act 

** - Not available at this time 
Federal Reserve Bank of Chicago 

Section II - Applications Subject to Both Newspaper and Federal 

Register Notice Cont'd 

Comment Period 

Application Ending Date 

3(a)(3) Salin Bancshares, Inc. * FR - 11-1-96 

Indianapolis, Indiana NP - 11-22-96 

Columbus Bancorp, Inc. 

Indianapolis, Indiana
 

Columbus Bank and Trust Company
 

Columbus, Indiana
 

3(a)(3) Metrocorp, Inc. * FR - 11-4-96 

East Moline, Illinois NP - 11-4-96 

Metrobank-Illinois, National Association 

East Moline, Illinois (in organization) 

3(a)(3) Old Kent Financial Corporation* FR - 11-8-96 

Grand Rapids, Michigan NP - 11-03-96 

Seaway Financial Corporation 

Saint Clair, Michigan 

Commercial and Savings Bank of Saint Clair County 

Saint Clair, Michigan 

Algonac Savings Bank 

Algonac, Michigan 

3(a)(l) New Asia Bancorp* FR - 11-29-96 

Chicago, Illinois NP - 10-21-96 

NAB Bank 

Chicago, Illinois 

3(a)(3) Pontiac Bancorp, Inc. FR - 11-29-96 

Pontiac, Illinois NP - * 

Bank of Dwight 

Dwight, Illinois 
Federal Reserve Bank of Chicago 

Section II - Applications Subject to Both Newspaper and Federal 

Register Notice Cont'd 

Comment Period 

Application Ending Date 

3(a)(3) Wintrust Financial Corporation FR - 11-29-96 

Wilmette, Illinois NP - * 

Barrington Bank & Trust Company, National Association 

Barrington, Illinois (in organization) 

3(a)(5) F & M Bancorporation, Inc. * FR - 11-12-96 

Kaukauna, Wisconsin NP - ** 

East Troy Bancshares, Inc. 

East Troy, Wisconsin 

State Bank of East Troy 

East Troy, Wisconsin 

CoC-HC Whitmore Company, Inc. FR - 11-14-96 

Corning, Iowa NP - ** 

By Kenneth Whitmore & James Whitmore 

3(a)(3) FBOP Corporation* FR - 11-18-96 

Oak Park, Illinois NP-* 

SDNB Financial Corp.
 

San Diego, California
 

San Diego National Bank
 

San Diego, California
 

3(a)(1) G.R. Bancorp, Ltd. * FR - 11-01-96 

Grand Ridge, Illinois NP - 11-01-96 

First National Bank of Grand Ridge 

Grand Ridge, Illinois 

3(a)(3) Independence Bancshares, Inc. * FR - 10-25-96 

Independence , Iowa NP - 10-31-96 

Southeast Security Bank 

Mediapolis, Iowa (in organization) 
Federal Reserve Bank of Chicago 

Section II - Applications Subject to Both Newspaper and Federal 

Re~ister Notice Cont'd 

Application 

3(a)(I) Liberty Financial Corporation* 

West Des Moines, Iowa 

L.B.T. Bancorporation
 

West Des Moines, Iowa
 

Liberty Bank and Trust
 

Lake Mills, Iowa
 

Band K Bancorporation
 

West Des Moines, Iowa
 

Liberty Bank & Trust
 

Bloomfield, Iowa
 

Winnebago County Bancorporation
 

West Des Moines, Iowa
 

Liberty Bank and Trust
 

Forest City, Iowa
 

First Liberty Bancorp
 

West Des Moines, Iowa
 

Liberty Bank and Trust
 

Mason City, Iowa
 

BW3 Bancorporation
 

West Des Moines, Iowa
 

Liberty Bank and Trust Company, N.A.
 

Pocahantas, Iowa
 

I.S.B. Bancorporation, Inc. 

West Des Moines, Iowa
 

Liberty Bank and Trust
 

Woodbine, Iowa
 

A.B.C. Bancorporation
 

Tucson, Arizona
 

Liberty Bank and Trust
 

Tucson, Arizona
 

Comment Period 

Ending Date 

FR 11-8-96 

NP ** 

3(a)(3) Columbus Bancorp, Inc. * 

Indianapolis, Indiana 

Salin Bank and Trust Company 

Indianapolis, Indiana 

FR - 11-1-96 

NP - 11-22-96 
Federal Reserve Bank of Chicago 

Section II - Applications Subject to Both Newspaper and Federal 

Register Notice Cont'd 

Application Ending Date 

3(a)(3) F & M Bancorporation, Inc. * FR - 11-18-96 

Kaukauna, Wisconsin NP-* 

Green County Bank 

Brodhead, Wisconsin 

3(a)(1) Two Rivers Bank Holding Company* FR - 11-29-96 

Rock Valley, Iowa
 NP - ** 

Rock Valley State Bank
 

Rock Valley, Iowa (in organization)
 
4(c)(8) 

4(c)(8) 

4(c)(8) 

4(c)(8) 

(c)(8) 

4(c)(8) 

Federal Reserve Bank of Chicago 

Section III - Applications SuQject to Federal Register 

Notice Only cont'd 

Application 

Stichting Prioriteit ABN AMRO Holding 

Amsterdam, The Netherlands
 

Integrion Financial Network, L.L.C.,
 

White Plains, New York.
 

Stichting Administratiekantoor ABN AMRO Holding 

Amsterdam, The Netherlands 

Integrion Financial Network, L.L.C., 

White Plains, New York. 

ABN AMRO Holding N.V. 

Amsterdam, The Netherlands 

Integrion Financial Network, L.L.C., 

White Plains, New York. 

ABN AMRO Bank, N. V. 

Amsterdam, The Netherlands 

Integrion Financial Network, L.L.C., 

White Plains, New York. 

ABN AMRO North America, Inc., 

Chicago, Illinois 

Intergrion Financial Network, L.L.C., 

White Plains, New York. 

Liberty Financial Corporation 

West Des Moines, Iowa 

Liberty Leasing Company 

West Des Moines, Iowa 

Comment Period
 

Ending Date
 

FR - 10-31-96 

FR - 10-31-96 

FR - 10-31-96 

FR - 10-31-96 

FR - 10-31-96 

FR - 11-8-96 
4(c)(8) 

4(c)(8) 

4(c)(8) 

Federal Reserve Bank of Chicago 

Section III - Applications Subject to Federal Register 

Notice Only coned 

Application 

Liberty Financial Corporation 

West Des Moines, Iowa 

Liberty Mortgage Company 

West Des Moines, Iowa 

Liberty Financial Corporation 

West Des Moines, Iowa 

L.S.B. Bancorp
 

Johnston, Iowa
 

Liberty Financial Corporation 

West Des Moines, Iowa 

Liberty Loan Store, Inc. 

West Des Moines, Iowa 

Comment Period
 

Endin2 Date
 

FR - 11-8-96 

FR - 11-8-96 

FR - 11-8-96 
Federal Reserve Bank of Chicago 

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

:D$ Application 

None 
Federal Reserve Bank of Chicago
 

Section V - Availability of CRA Public Evaluations
 

The following state member banks have been examined by the Federal Reserve Bank of Chicago for 

compliance with the CRA. The 30-business day period the bank has to make the evaluation public has lapsed 

during the week ending November 01, 1996. If you are interested in obtaining a copy of the evaluation 

document, please contact the bank(s) directly. 

Identification of Ratings 

0- An institution in this group has an outstanding 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 has a 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 substantial noncompliance 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 capabilies. 

BANK NAME/LOCATION 

EXAMINATION DATE RATING 

The State Bank of Blue Mound
 

Eight Niles Street
 

Blue Mound, Illinois 62513-0200
 

(217) 692-2157 8/05/96 S 

State Bank of Viroqua
 

101 North Main Street
 

Viroqua, Wisconsin 54665-0351
 

(608) 637-3127 

7/29/96 S 
Federal Reserve Bank of St. Louis 

FOR THE WEEK ENDING NOVEMBER 1, 1996
 

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
 

Application 

* Section 9 application by Union Bank of 

Illinois, Swansea, Illinois, to relocate two branch 

offices located at 200 Collinsville Avenue and 

S1. Louis Avenue at Eighth Street, both in East S1. 

Louis, Illinois, to one branch office located at 350 

River Park Drive, East S1. Louis, Illinois. 

* Section 3(a)(1) notification by Fredonia Vaney 

Bancorp, Inc., Fredonia, Kentucky, to acquire 

Fredonia Valley Bank, Fredonia, Kentucky. 

End of Comment Period 

11-7-96 

N/A 

SECTION II - APPLICATIONS SUBJECT TO BOTH
 

NEWSPAPER AND FEDERAL REGISTER NOTICE
 

Application 

* Section 3(a)(5) application by First Commercial 

Corporation, Little Rock, Arkansas, to merge with 

W.B.T. Holding Company, Memphis, Tennessee. 

* Section 3(a)(5) application by CNB Bancshares, 

Inc., Evansville, Indiana, to merge with BMC 

Bancorp, Inc., Mt. Carmel, Illinois. 

* Section 3(a)(1) application by Louisville 

Development Bancorp, Inc., Louisville, Kentucky, 

to acquire Louisville Community Development 

Bank, Louisville, Kentucky. 

End of Comment Period 

Newspaper: 11-24-96 

Newspaper: 11-30-96 

Newspaper: 12-1-96 

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
 

Application 

Section 4(c)(8) notification by Magna Group,
 

Inc., S1. Louis, Missouri, to acquire Homeland
 

Bankshares Corporation, Waterloo, Iowa, and
 

thereby acquire two of its nonbank subsidiaries,
 

Homeland Trust Company, Des Moines, Iowa,
 

and Homeland Student Loan Company, West Des
 

Moines, Iowa (previously reported during the week
 

ending October 25, 1996).
 

* This application/notification is subject to CRA. 

End of Comment Period 

11-25-96
 
-----------------------------------------

Section 4(c)(8) notification by Louisville Development 

Bancorp, Inc., Louisville, Kentucky, to engage in 

community development activities through a proposed 

whOlly-owned subsidiary, Real Estate Development 

Company, Louisville, Kentucky. N/A 

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE 

OR NEWSPAPER NOTICE 

Application End of Comment Period 

None. 
Federal Reserve Bank of St. Louis 

FOR THE WEEK ENDING NOVEMBER 1, 1996
 

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
 

Application 

* Section 9 application by Union Bank of 

Illinois, Swansea, Illinois, to relocate two branch 

offices located at 200 Collinsville Avenue and 

S1. Louis Avenue at Eighth Street, both in East St. 

Louis, Illinois, to one branch office located at 350 

River Park Drive, East S1. Louis, Illinois. 

* Section 3(a)(l) notification by Fredonia Valley 

Bancorp, Inc., Fredonia, Kentucky, to acquire 

Fredonia Valley Bank, Fredonia, Kentucky. 

End of Comment Period 

11-7-96 

N/A 

SECTION II - APPLICATIONS SUBJECT TO BOTH
 

NEWSPAPER AND FEDERAL REGISTER NOTICE
 

Application 

* Section 3(a)(5) application by First Commercial 

Corporation, Little Rock, Arkansas, to merge with 

W.B.T. Holding Company, Memphis, Tennessee. 

* Section 3(a)(5) application by eNB Bancshares, 

Inc., Evansville, Indiana, to merge with BMC 

Bancorp, Inc., Mt. Carmel, Illinois. 

* Section 3(a)(l) application by Louisville 

Development Bancorp, Inc., Louisville, Kentucky, 

to acquire Louisville Community Development 

Bank, Louisville, Kentucky. 

End of Comment Period 

Newspaper: 11-24-96 

Newspaper: 11-30-96 

Newspaper: 12-1-96 

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
 

Application End of Comment Period 

Section 4(c)(8) notification by Magna Group, 

Inc., S1. Louis, Missouri, to acquire Homeland 

Bankshares Corporation, Waterloo, Iowa, and 

thereby acquire two of its nonbank SUbsidiaries, 

Homeland Trust Company, Des Moines, Iowa, 

and Homeland Student Loan Company, West Des 

Moines, Iowa (previously reported during the week 

ending October 25, 1996). 11-25-96 

* This application/notification is subject to CRA. 

~~-------~----------------
Section 4(c)(8) notification by Louisville Development
 

Bancorp, Inc., Louisville, Kentucky, to engage in
 

community development activities through a proposed
 

wholly-owned subsidiary, Real Estate Development
 

Company, Louisville, Kentucky. N/A
 

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE 

OR NEWSPAPER NOTICE 

Application End of Comment Period 

None. 
FEDERALRESERVE BANK OF ST. LOUIS
 

St. LoUis, Missouri
 

AYAILABILITY OF CRA PUBLIC mSCWSlJRES 

Identification 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. 

FOR THE WEEK ENDING November 1, 1996 

Name of Bank Bank Address Examination 

Date 

Examination 

Rating 

None 
FEDERAL RESERVE BANK OF MINNEAPOLIS
 

Section I - Applications Subject to
 

Newspaper Notice Only
 

Application 

NONE. 

FEDERAL RESERVE BANK OF MINNEAPOLIS 

Section II - Applications Subject to Both 

Newspaper and Federal Register Notice 

Application 

Norwest Corporation, Minneapolis, Minnesota, 

for prior approval to acquire 100 % of the voting 

shares of Central Bancorporation, Inc., Fort Worth, 

Texas. * 

* Subject to CRA 

FEDERAL RESERVE BANK OF MINNEAPOLIS 

Section III - Applications Subject 

to Federal Register Notice Only 

Application 

Cattail Bancshares, Inc., Atwater, Minnesota, 

to engage de novo in making and servicing loans. 

FEDERAL RESERVE BANK OF MINNEAPOLIS
 

Section IV - Applications Not Subject to
 

Federal Register Notice or Newspaper Notice
 

Application 

NONE. 

Comment Period
 

Ending Date
 

Comment Period 

Ending Date 

November 29, 1996 

(Federal Register) 

Comment Period 

Ending Date 

November 19, 1996 
FEDERAL RESERVE BANK OF MINNEAPOLIS
 

Section V - Availability of
 

CRA Public Evaluations
 

week ending November 1, 1996
 

ASSIGNMENT OF RATING 

Identification of Ratings 

In connection with the assessment of each insured depository institution's CRA performance, a rating is 

assigned from the following groups:
 

OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
 

An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to
 

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

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

SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
 

An institution in this group has a satisfactory record of ascertaining and helping to meet the credit
 

needs of its entire delineated community, including low- and moderate-income neighborhoods, in a
 

manner consistent with its resources and capabilities.
 

NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
 

An institution in this group needs to improve its overall record of ascertaining and helping to meet the
 

credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in
 

a manner consistent with its resources and capabilities.
 

SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
 

An institution in this group has a substantially deficient record of ascertaining and helping to meet the
 

credit needs of its entire delineated community, including low-and moderate-income neighborhoods, in
 

a manner consistent with its resources and capabilities.
 

BANKeS) EXAMINED DATE OF EXAMINATION CRA RATING
 

NONE.
 
Federal Reseroe Bank of Kansas City
 

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY 

APPLICATION COMMENT PERIOD ENDING DATE 

Mercantile Bank of Lawrence, Lawrence, Kansas, for Not Available
 

prior approval to become a member of the Federal
 

Reserve System and to merge with Mercantile Bank,
 

Overland Park, Kansas.
 

Heritage Bank of Olathe, Olathe, Kansas, to establish a Not Available
 

branch facility at 127th Street and Antioch Road,
 

Overland Park, Kansas.
 

SECTION n - APPLICATIONS SUBJECT TO BOTH
 

NEWSPAPER AND FEDERAL REGISTER NOTICE
 

APPLICATION COMMENT PERIOD ENDING DATE 

BOK Financial Corporation, Tulsa, Oklahoma, for prior November 29, 1996 

approval to acquire 100 percent of the voting shares of 

Park Cities Bancshares, Inc., Dallas, Texas, and thereby 

indirectly acquire Park Cities Corporation, Dallas, 

Texas. * 

Mancos Bancorporation, Mancos, Colorado, for prior November 29, 1996 

approval to merge with Southern Colorado Bank Holding 

Company, Pagosa Springs, Colorado. * 

FNBJ Company, Johnstown, Colorado, for prior Not Available 

approval to become a bank holding company through the 

acquisition of 100 percent of the voting shares of First 

National Bank of Johnstown, Johnstown, Colorado. * 

SECTION ill - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY 

APPLICATION COMMENT PERIOD ENDING DATE 

None. 
Federal Reserve Bank of Kansas City 

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE 

OR NEWSPAPER NOTICE 

APPLICATION 

None. 

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS 

Identification of Ratings 

In connection with the assessment of each insured depository instirution's eRA 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 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 Exam Date 

CRA Public 

Date 

CRA 

Rating 

Wyoming Bank & Trust Co. 

P.O. Box 950 

Buffalo, Wyoming 82834-0950 

08/05/96 10/31/96 Satisfactory 

*Application is subject to CRA. 
FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
 

APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF OCTOBER 28, 1996 

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
 

NOTICE ONLY
 

APPLICATION NOTICE EXP 

None. 

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

APPLICATION ** NOTICE EXP 

*Section 3(a)(3) application by 

First Baird Bancshares, Inc., Baird, TX, to acquire Oklahoma National Bank of Duncan, Duncan, OK 96/11/15 

(Previously reported during the week of 9-9-96) 

*Section 3(a)(3) application by First Baird Bancshares of Delaware, Inc., Dover, DE, to 

acquire Oklahoma National Bank of Duncan, Duncan, OK 96/11/15 

(Previously reported during the week of 9-9-96) 

*Section 3(a)(3) application by Weatherford Bancshares, Inc., Weatherford, TX, to acquire Oklahoma National Bank of Duncan, Duncan, OK 96/11/15 

(Previously reported during the week of 9-9-96) 

Change in Control Notice by Robert B. Dunkin to acquire an interest in 

First San Benito Bancshares, Inc., San Benito, TX N/A 

*Section 3(a)(3) application by Cullen/Frost Bankers, Inc., San Antonio, TX, to acquire Corpus Christi Bancshares, Corpus Christi, TX, 

C.S.B.C.C., Inc., Wilmington, Delaware, and 

Citizens State Bank, Corpus Christi, TX N/A 

*Section 3(a)(3) application by The New Galveston Company, Wilmington, DE, to acquire 

Corpus Christi Bancshares, Corpus Christi, TX, 

C.S.B.C.C., Inc., Wilmington, Delaware, and 

Citizens State Bank, Corpus Christi, TX N/A 

*Section 3(a)(5) application by 

Cullen/Frost Bankers, Inc., San Antonio, TX, to merge 

with Corpus Christi Bancshares, Corpus Christi, TX N/A 
*Section 3(a)(5) application by The New Galveston Company, Wilmington, DE, to merge 

with Corpus Christi Bancshares, Corpus Christi, lX N/A 

*Section 3(a)(1) application by SW&KM Holdings, LLC, Del Rio, lX, to acquire 

SW&KM Limited Partnership, Del Rio, lX, 

Westex Bancorp, Inc., Del Rio, lX, 

Westex Bancorp of Delaware, Inc., Wilmington, DE, 

Del Rio Bank &lrust Company, Del Rio, lX, 

First State Bank, Brackettville, lX, and 

Sutton City National Bank, Sonora, lX N/A 

*Section 3(a)(1) application by SW&KM Limited Partnership, Del Rio, lX, to acquire 

Westex Bancorp, Inc., Del Rio, lX, 

Westex Bancorp of Delaware, Inc., Wilmington, DE, 

Del Rio Bank &lrust Company, Del Rio, lX, 

First State Bank, Brackettville, lX, and 

Sutton City National Bank, Sonora, lX N/A 

*Section 3(a)(3) application by SW&KM Holdings, LLC, Del Rio, lX, to acquire 

SW&KM Limited Partnership, Del Rio, lX, 

Westex Bancorp, Inc., Del Rio, lX, 

Westex Bancorp of Delaware, Inc., Wilmington, DE, 

Del Rio Bank & lrust Company, Del Rio, lX, 

First State Bank, Brackettville, lX, and 

Sutton City National Bank, Sonora, lX N/A 

*Section 3(a)(3} application by SW&KM Limited Partnership, Del Rio, lX, to acquire 

Westex Bancorp, Inc., Del Rio, lX, 

Westex Bancorp of Delaware, Inc., Wilmington, DE, 

Del Rio Bank & lrust Company, Del Rio, lX, 

First State Bank, Brackettville, lX, and 

Sutton City National Bank, Sonora, lX N/A 

Change in Control Notice by Robert Sidney Cauthorn, and James Guy Cauthorn, 

Del Rio, lX, to acquire an interest in 

SW&KM Holdings, LLC, Del Rio, lX N/A 

Change in Control Notice by 

Robert Sidney Cauthornm and James Guy Cauthorn, 

Del Rio, lX, to acquire an interest in 

SW&KM Limited Partnership, Del Rio, lX N/A 

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
 

NOTICE ONLY
 

APPLICAlION NOlICE EXP 
None. 

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE 

OR NEWSPAPER NOTICE 

APPLICATION 

None. 

* SUBJECT TO CRA. 

** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY. 

N/A - NOT AVAILABLE AT THIS TIME. 
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
 

FOR THE WEEK OF OCTOBER 28, 1996
 

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 

capabil ities. 

Satisfactory record of meeting community credit needs. 

An institution in this group has a satisfactory record of ascertaining 

and helping to meet the credit needs of its entire delineated community, 

including low- and moderate-income neighborhoods, in a manner consistent 

with its resources and capabilities. 

Needs to Improve record of meeting community credit needs. 

An institution in this group need to improve its overall record of 

ascertaining and helping to meet the credit needs of its entire 

delineated community, including low- and moderate-income neighborhoods, 

in a manner consistent with its resources and capabilities. 

Substantial Noncompliance in meeting community credit needs. 

An institution in this group has a substantially deficient record of 

ascertaining and helping to meet the credit needs of its entire 

delineated community, including low- and moderate-income neighborhoods, 

in a manner consistent with its resources and capabilities. 

Bank 

Date of 

Examination eRA Rating 

Landmark Bank-Mid Citi

150 Westpark Way, Ste. 

P.O. Box 1330 

Euless, Texas 76039-13

es 

130 

30 96/07/22 Satisfactory 

United Texas Bank 

12222 Merit Dr., Ste. 100 

P. O. Box 515529 

Dallas, Texas 75251-5529 96/07/22 Satisfactory 
FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN 

APPLICATIONS AND NOTIFICATIONS APPROVED DURING THE WEEK OF OCTOBER 28, 1996 

APPLICATION 

Section 3(a)(5) application by 

MarTex Bancshares, Inc., Marshall, TX, to acquire 

Heritage Texas Group, Inc., Pittsburg, TX 96/10/30 
FEDERAL RESERVE BANK OF SAN FRANCISCO 

Week ending 11/01/96 

Section I - Applications Subject to Newspaper Notice Only 

Application	 Comment Period Ending Date 

Pierce Commercial Bank (In Organization), Tacoma, Newspaper: 11/18/96
 

Washington, to become a member of the Federal
 

Reserve System. *
 

Western Sierra Bancorp, Cameron Park, California, Newspaper: Not available
 

to become a bank holding company by acquiring


Western Sierra National Bank, Cameron Park,
 

California. *
 

Tehama County Bank, Red Bluff, California, to Newspaper: Not available
 

acquire the Orland and Willow, California,
 

branch offices of Wells Fargo, N.A., San
 

Francisco, California. *
 

Section II - Applications Subject to Both
 

Newspaper and Federal Register Notice
 

Pierce County Bancorp, Tacoma, Washington, to Newspaper: 11/18/96

become a bank holding company by acquiring Pierce 

Commercial Bank (In Organization), Tacoma, Fed. Reg.: 11/01/96

Washington. * 

u.s. Bancorp, Portland, Oregon, to merge with	 Newspaper: 11/21/96 

Sun	 Capital Bancorp, St. George, Utah. * 

Fed. Reg.: 11/18/96 

City National Corporation, Beverly Hills, Newspaper: 11/28/96

California, to merge with Ventura County 

National Bancorp, Oxnard, California. * Fed. Reg.: 11/29/96 

PLM Newco, L.L.C., Federal Way, Washington, Newspaper: Not available 

to become a bank holding company by acquiring 

First Community Financial Group, Inc., Lacey, Fed. Reg.: Not available 

Washington. * 

Section III -Applications Subject to Federal Register Only 

None 

Section IV - Applications Not Subject to Federal Register Notice 

or Newspaper Notice 

* subject to CRA. 
FEDERAL RESERVE BANK OF SAN FRANCISCO 

Week ending 11/01/96 

Section V - Availability of CRA Public Evaluations 

The CRA public evaluations of the institution(s) below became available during this 

week. Information about a particular institution's CRA evaluation may be obtained 

directly from the institution. 

Institution Location Examination Date Rating* 

None 

*Under TIle rating system an institution's eRA 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 1ow- and moderate-income 

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

Satisfactory record of meeting community credit needs: An institution has a 

satisfactory record of ascertaining and meeting the credit needs of its entire 

delineated community, including low- and moderate-income neighborhoods, in a manner 

consistent with its resources and capabilities. 

Needs to Improve record of meeting community credit needs: An institution needs to 

improve its overall record of ascertaining and helping to meet the credit needs of its 

entire delineated community, including low- to moderate-income neighborhoods, in a 

manner consistent with its resources and capabilities. 

Substantial Noncompliance in meeting community credit needs: An institution has a 

substantially deficient record of ascertaining and helping to meet the credit needs of 

its entire delineated community, including low- to moderate-income neighborhoods, in 

a manner consistent with its resources and capabilities. 

The above listing has been prepared as a courtesy by the Federal Reserve Bank of San 

Francisco, and is not intended to replace formal notices required by statute or 

regulation; the Reserve Bank assumes no responsibility for errors or omissions.