Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 33

Week Ending August 15, 1998

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions August 9, 1998 to August 15, 1998

Bank Holding Companies

Norwest Corporation, Minneapolis, Minnesota -- to acquire Star Bancshares, Inc., 

Austin, Texas; Star Bancshares of Nevada, Inc., Carson City, Nevada; and First 

State Bank, Austin, Texas.

- Approved, August 12, 1998 

International Operations

Chase Manhattan Bank, New York, New York -- application for its Milan branch to 

acquire Chaseinvest S.p.A., Milan, Italy.

- Approved, August 10, 1998 

Regulations And Policies

Interstate branches -- joint release with the Comptroller of the Currency and Federal 

Deposit Insurance Corporation concerning host state loan-to-deposit ratios for use in 

determining compliance with section 109 of the Riegle-Neal Interstate Banking and 

Branching Efficiency Act.

- Published, August 13, 1998 

Regulation L -- request for comment on proposed amendments to the interagency 

rules governing management interlocks (Docket No. R-1013).

- Approved, April 27, 1998 (AC)

(AC) = Addition or Correction Board - Page 1 of 1
August 9, 1998 to August 15, 1998

BS&R

C&CA

FOMC

RBOPS

IF

OSDM

Banking Supervision and Regulation

Consumer and Community Affairs

Federal Open Market Committee

Reserve Bank Operations and Payment

International Fiance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

Aliant Bank, Alexander City, Alabama -- to establish a branch at 391 North 

Broadnax Street, Dadeville, Alabama.

- Approved, August 10, 1998 

Atlanta

Chase Manhattan Bank, New York, New York -- to establish a branch at 2824-26 

Broadway.

- Approved, August 12, 1998 

New York

First Virginia Bank-Mountain Empire, Abingdon, Virginia -- to establish a branch at 

3000 Lee Highway, Bristol, Virginia.

- Approved, August 14, 1998 

Richmond

Johnson Bank, Racine, Wisconsin -- to establish a branch at S.C. Johnson 

Commercial Markets Building, 8310 16th Street, Sturtevant, Wisconsin.

- Approved, August 14, 1998 

Chicago

Metro-County Bank of Virginia, Inc., Mechanicsville, Virginia -- to establish a 

branch at 5419 Lakeside Avenue, Richmond, Virginia.

- Approved, August 12, 1998 

Richmond

Old Kent Bank, Grand Rapids, Michigan -- to establish branches at 20422 Mack 

Avenue, Grosse Pointe Woods, Michigan, and at 5080 Corunna Road, Flint, 

Michigan.

- Approved, August 13, 1998 

Chicago

(AC) = Addition or Correction Delegated - Page 1 of 8
H.2 Actions under delegated authority August 2, 1998 to August 8, 1998

Bank Branches, Domestic

Valley Independent Bank, El Centro, California -- to establish branches at 333 City 

Blvd., West, 17th Floor, Orange, California, and 6120 Paseo Del Norte, Suite Q1, 

Carlsbad, California.

- Approved, August 7, 1998 (AC)

San Francisco

Bank Holding Companies

American National Bancorp, Inc., Appleton, Wisconsin -- to acquire American 

National Bank-Fox Cities.

- Approved, August 14, 1998 

Chicago

Arvest Bank Group, Inc., Bentonville, Arkansas -- to acquire Ameribank 

Corporation, Shawnee, Oklahoma; United Oklahoma Bankshares, Inc., Del City, 

Oklahoma; American National Bank and Trust Company of Shawnee, Shawnee; and 

United Bank, Del City.

- Approved, August 13, 1998 

St. Louis

Arvest Bank Group, Inc., Bentonville, Arkansas -- to acquire Ameritrust 

Corporation, Tulsa, Oklahoma, and Americorp Investment Advisors, Inc.

- Approved, August 13, 1998 

St. Louis

Associated Banc-Corp., Green Bay, Wisconsin -- request for waiver of application in 

connection with a corporate reorganization.

- Approved, August 11, 1998 

Chicago

Associated Bank Milwaukee, Milwaukee, Wisconsin -- request for waiver of 

application in connection with a corporate reorganization.

- Approved, August 11, 1998 

Chicago

(AC) = Addition or Correction Delegated - Page 2 of 8
H.2 Actions under delegated authority August 9, 1998 to August 15, 1998

Bank Holding Companies

Barclays PLC, London, England, and Barclays Bank PLC -- to acquire a substantial 

portion of the securities lending and prime brokerage business of Daiwa Securities 

American Inc., New York, New York; Daiwa Europe Limited, London, England; 

and Daiwa Securities (H.K.) Limited, Hong Kong, China.

- Approved, August 11, 1998 

New York

Barclays PLC, London, England, and Barclays Bank PLC -- to acquire through 

Barclays California Corporation, San Francisco, California, The Long View Group, 

Inc., Boston, Massachusetts, and engage in data processing activities.

- Approved, August 14, 1998 

New York

BOK Financial Corporation, Tulsa, Oklahoma -- to acquire the assets of Leo 

Oppenheim & Co., Inc., Oklahoma City, Oklahoma, and continue to engage in 

underwriting and dealing in certain securities, and providing private placement, 

investment advisory, and securities brokerage services.

- Permitted, August 12, 1998 

Kansas City

Carolina First Corporation, Greenville, South Carolina -- to acquire Poinsett 

Financial Corporation, Travelers Rest, South Carolina, and Poinsett Bank, FSB.

- Approved, August 12, 1998 

Richmond

Colonial BancGroup, Inc., Montgomery, Alabama -- to acquire FirstBank, Dallas, 

Texas.

- Approved, August 4, 1998 (AC)

Atlanta

Colonial BancGroup, Inc., Montgomery, Alabama -- to acquire ProImage, Inc., 

Norcross, Georgia, and engage in check imaging and data processing activities.

- Approved, August 12, 1998 (AC)

Atlanta

(AC) = Addition or Correction Delegated - Page 3 of 8
H.2 Actions under delegated authority August 9, 1998 to August 15, 1998

Bank Holding Companies

Danvers Bancorp, Inc., Danvers, Massachusetts -- to form a mutual bank holding 

company through the acquisition of Danvers Savings Bank.

- Approved, August 11, 1998 

Boston

First Baird Bancshares, Inc., Baird, Texas -- to acquire Western American National 

Bank, Bedford, Texas.

- Approved, August 12, 1998 

Dallas

First Financial Bank, FSB, Stevens Point, Wisconsin -- request for waiver of 

application in connection with a corporate reorganization.

- Approved, August 11, 1998 

Chicago

First Financial Corporation, Stevens Point, Wisconsin -- request for waiver of 

application in connection with a corporate reorganization.

- Approved, August 11, 1998 

Chicago

First Illinois Bancorp, Inc., East St. Louis, Illinois -- to acquire Duchesne Bank, St. 

Peters, Missouri.

- Approved, August 6, 1998 (AC)

St. Louis

First National Bank of Nevada Holding Company, Laughlin, Nevada -- to acquire 

Laughlin National Bank.

- Approved, August 12, 1998 

San Francisco

Heritage Group, Inc., Aurora, Nebraska -- to acquire Neligh Insurance Agency, 

Neligh, Nebraska, and engage in general insurance activities in a town under 5000.

- Approved, August 12, 1998 

Kansas City

(AC) = Addition or Correction Delegated - Page 4 of 8
H.2 Actions under delegated authority August 9, 1998 to August 15, 1998

Bank Holding Companies

Lake Bankshares Corporation, Langley, Oklahoma -- to acquire shares of The 

AmeriTrust Holding Company, Tulsa, Oklahoma.

- Withdrawn, August 12, 1998 

Kansas City

Mills County Bancorp, Glenwood, Iowa -- to establish Countryside Closing and 

Escrow Co.

- Permitted, August 14, 1998 

Chicago

Sterling Financial Corporation, Lancaster, Pennsylvania -- to engage in personal 

property leasing through T&C Leasing, Inc.

- Approved, August 13, 1998 

Philadelphia

U.S.B. Holding Co., Inc., Orangeburg, New York -- to acquire shares of Tappan Zee 

Financial, Inc., Tarrytown, New York, and engage through Tarrytowns Bank, FSB, 

in operating a savings association.

- Approved, August 11, 1998 

New York

Bank Mergers

Colonial Bank, Montgomery, Alabama -- to merge with First Macon Bank & Trust 

Company, Macon, Georgia.

- Approved, August 12, 1998 

Atlanta

First Community Bank, Glasgow, Montana -- to merge with Cheyenne Western 

Bank, Ashland, Montana, and to establish a branch.

- Approved, August 14, 1998 

Minneapolis

Change In Bank Control

Maries County Bancorp, Inc., Vienna, Missouri -- change in bank control.

- Permitted, August 11, 1998 

St. Louis

(AC) = Addition or Correction Delegated - Page 5 of 8
H.2 Actions under delegated authority August 9, 1998 to August 15, 1998

Competitive Factors Reports

BancorpSouth Bank, Tupelo, Mississippi -- report on competitive factors of the 

proposed merger with Merchants Bank, Vicksburg, Mississippi.

- Submitted, August 12, 1998 

St. Louis

Carolina First Bank, Greenville, South Carolina -- report on competitive factors of 

the proposed merger with Colonial Bank of South Carolina, Inc., Camden, South 

Carolina.

- Submitted, August 10, 1998 

Richmond

Carolina First Bank, Greenville, South Carolina -- report on competitive factors of 

the proposed merger with First National Bank of Pickens County, Easley, South 

Carolina.

- Submitted, August 11, 1998 

Richmond

Carolina First Interim Bank, Lincolnton, North Carolina -- report on competitive 

factors of the proposed merger with Community Bank & Trust Company, 

Rutherfordton, North Carolina.

- Submitted, August 10, 1998 

Richmond

Columbian Bank, A Federal Savings Bank, Havre de Grace, Maryland -- report on 

competitive factors of the proposed merger with Columbian Interim Federal Savings 

Bank.

- Submitted, August 10, 1998 

Richmond

First Charter National Bank, Concord, North Carolina -- report on competitive 

factors of the proposed merger with Bank of Union, Monroe, North Carolina.

- Submitted, August 4, 1998 (AC)

Richmond

(AC) = Addition or Correction Delegated - Page 6 of 8
H.2 Actions under delegated authority August 9, 1998 to August 15, 1998

Competitive Factors Reports

First National Bank of Maryland, Baltimore, Maryland -- report on competitive 

factors of the proposed merger with Dauphin Deposit Bank and Trust Company, 

Harrisburg, Pennsylvania, and The York Bank and Trust Company, York, 

Pennsylvania.

- Submitted, August 11, 1998 

Richmond

Norwest Bank Texas, N.A., San Antonio, Texas -- report on competitive factors of 

the proposed merger with Founders Trust Company, Dallas, Texas, and Norwest 

Bank Texas, Odessa, N.A., Odessa, Texas.

- Submitted, August 14, 1998 

Dallas

Texas National Bank of Jacksonville, Jacksonville, Texas -- report on competitive 

factors of the proposed merger with Interim Texas National Bank.

- Submitted, August 14, 1998 

Dallas

Wayne Savings Bank, F.S.B., Wayne, New Jersey -- report on competitive factors of 

the proposed merger with and into Valley National Bank, Passaic, New Jersey.

- Submitted, August 12, 1998 

New York

Extensions Of Time

Allied Irish Banks, p.l.c., Dublin, Ireland -- extension to November 11, 1998, to 

engage in certain investment advisory activities.

- Granted, August 11, 1998 

Richmond

Cambridge Financial Group, Inc., Cambridge, Massachusetts -- extension to become 

a mutual bank holding company through the reorganization of Cambridge Savings 

Bank.

- Granted, August 11, 1998 

Boston

(AC) = Addition or Correction Delegated - Page 7 of 8
H.2 Actions under delegated authority August 9, 1998 to August 15, 1998

Extensions Of Time

Dai-Ichi Kangyo Bank, Limited, Tokyo, Japan -- extension to divest certain property.

- Granted, August 12, 1998 

San Francisco

Delta Bancorp, Inc., Prospect Heights, Illinois -- extension to November 29, 1998, 

to acquire Village Bank & Trust, North Barrington, Illinois.

- Granted, August 14, 1998 

Chicago

First Place Financial Corporation, Farmington, New Mexico -- extension to 

September 30, 1998, to acquire Capital Bank, Albuquerque, New Mexico.

- Granted, August 10, 1998 

Kansas City

International Operations

MBNA America Bank, Wilmington, Delaware -- to make an additional investment in 

MBNA Canada Bank, Gloucester, Ontario, Canada.

- Approved, August 14, 1998 

Philadelphia

Membership

Bank of Western Oklahoma, Elk City, Oklahoma -- to become a member of the 

Federal Reserve System.

- Approved, August 11, 1998 

Kansas City

Olathe State Bank, Olathe, Colorado -- to become a member of the Federal Reserve 

System.

- Approved, August 13, 1998 

Kansas City

Reserve Bank Operations

Federal Reserve Bank of New York -- to act as fiscal agent in connection with 

proposed issue of bonds by the Asian Development Bank.

- Approved, August 7, 1998 (AC)

General Counsel

(AC) = Addition or Correction Delegated - Page 8 of 8
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, August 15, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(1)* Pepperell Bankshares Financial Group, Inc., Biddeford, Maine –

application to acquire 100% of the voting shares of Pepperell

Trust Company, Biddeford, Maine

Newspaper-N/Avail

Fed Reg – N/Avail

*Subject to CRA

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Fourth Quarter of 1998

Institution Location

Boston Safe Deposit and Trust Company Boston, Massachusetts

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar quarter

is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need to defer a

planned examination or conduct an unforeseen examination because of scheduling difficulties or other circumstances.
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, August 15, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(1) Cooper Life Sciences, Inc., and its wholly-owned subsidiary,

Greater American Finance Group, Inc., both of New York, New

York, to become bank holding companies by acquiring 100 percent

of the outstanding shares of The Berkshire Bank, New York, New

York.

09/11/1998*

3(a)(3), 3(a)(5) Popular, Inc., Hato Rey, Puerto Rico, Popular International Bank,

Inc., Hato Rey, Puerto Rico, and Banco Popular North America,

Inc., Streamwood, Illinois, to acquire Gore Bronson Bancorp, Inc.,

Prospect Heights, Illinois, and thereby indirectly acquire The

Bronson-Gore Bank, Prospect Hills, Illinois, The Irving Bank,

Chicago, Illinois, and Water Tower Bank, Chicago, Illinois.

N/Avail

3(a)(3) Popular, Inc., Hato Rey, Puerto Rico, Popular International Bank,

Inc., Hato Rey, Puerto Rico, and Popular North America, Inc., Mt.

Laurel, New Jersey, to acquire First State Bank of Southern

California, Santa Fe Springs, California.

N/Avail

* Fed Reg - Federal Register Comment Period Ending Date
Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None

Section V – Availability of CRA public evaluations

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.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None
Section VI – CRA examinations scheduled for Fourth Quarter of 1998

Institution Location

Marine Midland Bank One Marine Midland Center

Buffalo, New York 14203

Gotham Bank of New York 1412 Broadway

New York, New York 10018

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar quarter

is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need to defer a

planned examination or conduct an unforeseen examination because of scheduling difficulties or other circumstances.
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, August 15, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) Laurel Bank, Johnstown, PA, to merge with The Peoples National

Bank of Rural Valley, Rural Valley, PA

N/A

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

Member United States National Bank in Johnstown, Johnstown, PA, to

convert from a national chartered bank to a member of the Federal

Reserve System.
Section V – Availability of CRA public evaluations

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.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Fourth Quarter of 1998

Institution Location

Pocono Community Bank

First Republic Bank

Stroudsburg, PA

Philadelphia, PA

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar quarter

is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need to defer a

planned examination or conduct an unforeseen examination because of scheduling difficulties or other circumstances.
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, August 15, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

CC Received Notice of Change in Bank Control on 08/10/1998 from

Dr. John E. Moats, Bryan, OH and Mark C. Moats, Defiance, OH

acting as co-trustees of Mary Moats Irrevocable Trust to Defiance

College and Mary Moats Irrevocable Trust to Sherwood Methodist

Church of their intent to retain up to 12.75% of the outstanding

voting shares of Sherwood Banc Corporation, Sherwood, OH.

Fed Reg – 08/31/1998

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, August 15, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) Centura Bank, Rocky Mount, North Carolina, to purchase certain

assets and assume certain liabilities of Clyde Savings Bank, A

Division of The Hometown Bank, Franklin, North Carolina.*

9/7/1998

Branch CommonWealth Bank, Richmond, Virginia, to establish a branch

at 707 East Main Street, Richmond, Virginia.*

9/7/1998

Branch Crestar Bank, Richmond, Virginia, to establish a branch at

4740 Cherry Hill Road, College Park, Maryland.*

9/7/1998

18(c) FCNB Bank, Frederick, Maryland, to merge with Capital

Bank, National Association, Rockville, Maryland.*

9/10/1998

18(c) Virginia Heartland Interim Bank, Culpeper, Virginia, an

organizing bank, to merge with Virginia Heartland Bank,

Fredericksburg, Virginia.*

N/Avail

MBR Virginia Heartland Interim Bank, Culpeper, Virginia, an

organizing bank, for membership in the Federal Reserve System.*

N/Avail

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(3) Sandy Spring Bancorp, Inc., Olney, Maryland, to acquire 8.02% of

the voting shares of Community Bankshares of Maryland, Inc.,

Bowie, Maryland.*

Fed Reg – 8/28/1998

Newspaper – 8/29/1998

3(a)(1) Union Bankshares, Inc., Union, West Virginia, to become a bank

holding company through the acquisition of 100% of the voting

shares of The Bank of Monroe, Union, West Virginia.*

Fed Reg – 9/3/1998

Newspaper – 9/3/1998

3(a)(1) Maryland Permanent Capital Corporation, Owings Mills,

Maryland, to become a bank holding company through the

acquisition of 100% of the voting shares of Maryland Permanent

Bank & Trust Co., Owings Mills, Maryland.*

Fed Reg – N/Avail

Newspaper - N/Avail

3(a)(3) Second National Financial Corporation, Culpeper, Virginia,

to acquire Virginia Heartland Bank, Fredericksburg, Virginia.*

Fed Reg – N/Avail

Newspaper – N/Avail

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

Type Application

Ending date of

comment period

None

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

Type Application

3(a)(1) Pleasants County Bankshares, Inc., St. Marys, West Virginia,

to become a bank holding company through the acquisition of

Pleasant’s County Bank, St. Marys, West Virginia.

Section V – Availability of CRA public evaluations

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.

Federal bank regulators use the following performance levels to rate an institution’s performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

1494240 Centura Bank

131 North Church Street

Rocky Mount, North Carolina 27804

1/20/1998 8/5/1998 S X

2556882 Metro-County Bank of Virginia, Inc.

8206 Atlee Road

Mechanicsville, Virginia 23111

5/26/1998 8/7/1998 S X

804422 The Farmers & Merchants Bank of

Craig County

306 Main Street

New Castle, Virginia 24127

6/1/1998 8/13/1998 O X
Section VI – CRA examinations scheduled for Fourth Quarter of 1998

Institution Location

FCNB Bank Frederick, Maryland

Citizens Bank and Trust Company Blackstone, Virginia

F&M Bank-Northern Virginia Fairfax, Virginia

The Bank of Floyd Floyd, Virginia

First Colonial Bank Hopewell, Virginia

King George State Bank, Inc. King George, Virginia

The Middleburg Bank Middleburg, Virginia

Shore Bank Onley, Virginia

First Community Bank of Southwest Virginia, Inc. Tazewell, Virginia

First Community Bank, Inc. Buckhannon, West Virginia

Bank of Greenville Greenville, West Virginia

F&M Bank-Martinsburg Martinsburg, West Virginia

First Community Bank of Mercer County, Inc. Princeton, West Virginia

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar quarter

is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need to defer a

planned examination or conduct an unforeseen examination because of scheduling difficulties or other circumstances.
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, August 15, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Aliant Bank, Alexander City, Alabama, to establish a branch

located at 114 North Broadnax Street, Suite 103, Dadeville,

Alabama.

08/15/1998*

*Subject to provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(3) South Alabama Bancorporation, Inc., Mobile, Alabama, to acquire

Commercial National Bank of Demopolis, Demopolis, Alabama.

N/Avail*

3(a)(1) The George Family Partnership, Ltd., Bonifay, Florida, to become

a bank holding company by acquiring Bonifay Holding Company,

Inc., Bonifay, Florida, and its subsidiary, The Bank of Bonifay,

Bonifay, Florida.

N/Avail*

3(a)(5) FLAG Financial Corporation, LaGrange, Georgia, to merge with

Empire Bank Corp., Homerville, Georgia, and thereby directly

acquire Empire Banking Company, Homerville, Georgia.

Fed Reg – 09/11/1998*

3(a)(3) Premier Bancshares, Inc., Atlanta, Georgia, to acquire Frederica

Bank & Trust, St. Simons, Georgia.

Newspaper – 09/02/1998*

*Subject to provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) FLAG Financial Corporation, LaGrange, Georgia, to acquire

E.C.B. Financial Services, Inc., Homerville, Georgia, and thereby

engage in insurance agency activities.

09/11/1998
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

WAIVR SouthTrust Corporation, Birmingham, Alabama, application

waiver request for the proposed merger with Georgia National

Bancorp, Inc., Athens, Georgia, and indirect acquisition of Georgia

National Bank, Athens, Georgia.

COM Quantum Capital Corporation, Suwanee, Georgia, Commitment

waiver request.

Section V – Availability of CRA public evaluations

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.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Fourth Quarter of 1998

Institution Location

AmSouth Bank Birmingham, Alabama

SunTrust Bank Atlanta, Georgia

Bankers Bank Atlanta, Georgia

Riverside Bank of the Gulf Coast Cape Coral, Florida
Section VI – CRA examinations scheduled for Fourth Quarter of 1998

Institution Location

Community Bank of Nashville Nashville, Tennessee

First Newton Bank Covington, Georgia

SunTrust Bank of Tampa Bay Tampa, Florida

Commercial Bank of Florida Miami, Florida

Community Bank of the Islands Sanibel, Florida

Commercial Bank Harrogate, Tennessee

Citizens Trust Bank Atlanta, Georgia

Peoples Southern Bank Clanton, Alabama

Merchants Bank Vicksburg, Mississippi

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar quarter

is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need to defer a

planned examination or conduct an unforeseen examination because of scheduling difficulties or other circumstances.
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, August 15, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(3) Associated Banc-Corp*

Green Bay, Wisconsin

 Associated Bank Illinois, National Association

 (in organization)

 Rockford, Illinois

Fed Reg – 9/8/1998

Newspaper – N/Avail

3(a)(1) Holland Financial Corporation*

Holland, Michigan

 The Bank of Holland (in organization)

 Holland, Michigan

Fed Reg – 9/8/1998

Newspaper – N/Avail

3(a)(3) WFC, Inc.*

Waukon, Iowa

 Iowa State Bank (in organization)

 Oelwein, Iowa

Fed Reg - 9/8/1998

Newspaper- N/Avail

* Subject to the provisions of the Community Reinvestment Act

Fed Reg - Federal Register Comment Period Ending Date

Newspaper - Newspaper Comment Period Ending Date

N/Avail - Not Available (Not yet available; Not available at this time)
Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None

Section V – Availability of CRA public evaluations

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.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

2519001 Michigan Heritage Bank

21211 Haggerty Rd.

Novi, Michigan 48375

(248) 426-6000

5/4/1998 8/13/1998 S X
Section VI – CRA examinations scheduled for Fourth Quarter of 1998

Institution Location

Cole Taylor Bank Chicago, IL

Midwest Bank & Trust Company Elmwood Park, IL

Lake Forest Bank & Trust Company Lake Forest, IL

Blencoe State Bank Blencoe, IA

First State Bank Brunsville, IA

Iowa State Bank Calmar, IA

Columbus Junction State Bank Columbus Junction, IA

Farmers State Bank of Merrill Merrill, IA

Hedrick Savings Bank Ottumwa, IA

Tama State Bank Tama, IA

First American Bank Webster City, IA

The Auburn State Bank Auburn, IN

Irwin Union Bank and Trust Company Columbus, IN

Central Bank Russiaville, IN

Paramount Bank Bingham Farms, MI

Calumet County Bank Brillion, WI

Bank of Brodhead Brodhead, WI

F & M Bank – East Troy East Troy, WI

Union Bank & Trust Company Evansville, WI

F & M Bank – Grant County Fennimore, WI

F & M Bank – Prairie du Chien Prairie du Chien, WI

F & M Bank - Northeast Pulaski, WI

State Bank of Viroqua Viroqua, WI

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar quarter

is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need to defer a

planned examination or conduct an unforeseen examination because of scheduling difficulties or other circumstances.
District 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, August 15, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

CIC Notice involving Ohio Valley Bancorp, Inc., Henderson, Kentucky,

by Hattie L. Preston as trustee of the Hattie L. Preston Revocable

Trust (previously reported during the week ending August 8,

1998).

Newspaper – 8/28/1998

Fed Reg – 8/26/1998

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

4(j)(5)(B) Notice by Union Planters Corporation, Memphis, Tennessee, to

acquire FundsExpress, Inc., Austin, Texas.

Not applicable
Section V – Availability of CRA public evaluations

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.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Fourth Quarter of 1998

Institution Location

Pinnacle Bank Little Rock, Arkansas

Midsouth Bank Monette, Arkansas

Bank of Mulberry Mulberry, Arkansas

Flora Bank and Trust Flora, Illinois

Leitchfield Deposit Bank and Trust Company Leitchfield, Kentucky

Winfield Banking Company Winfield, Missouri

BankTennessee Collierville, Tennessee

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar quarter

is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need to defer a

planned examination or conduct an unforeseen examination because of scheduling difficulties or other circumstances.
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, August 15, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Fishback Financial Corporation, Brookings, South Dakota, to

acquire certain assets indirectly through a wholly-owned

subsidiary, Midwest Card Services, Brookings, South Dakota, and

thereby engage in the activity of servicing loans.

N/Avail

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

Type Application

None
Section V – Availability of CRA public evaluations

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.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Fourth Quarter of 1998

Institution Location

Stockmens Bank Cascade, Montana

Grand Marais State Bank Grand Marais, Minnesota

The Northwestern Bank Chippewa Falls, Wisconsin

Security Bank Minnesota Albert Lea, Minnesota

First Interstate Bank Billings, Montana

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar quarter

is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need to defer a

planned examination or conduct an unforeseen examination because of scheduling difficulties or other circumstances.

If an institution’s examination is rescheduled for a date different than the end of the date range reflected in a

published schedule, the institution’s name will be republished in an appropriate later listing. Any comments received

as a result of either the first publication or subsequent publications will be considered during the examination. 

Written comments regarding the CRA performance of these institutions should be directed to Ms. Jacquelyn

Brunmeier at the Federal Reserve Bank of Minneapolis, Banking Supervision Department, PO Box 291,

Minneapolis, Minnesota 55480-0291.
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, August 15, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

782650 Citizens State Bank of Cortez

77 W. Main Street

Cortez, Colorado 81321-3133

05/26/1998 08/14/1998 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, August 15, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(3) Keene Bancorp, Inc., 401(k) Employee Stock

Ownership Plan and Trust, Keene, TX, to acquire

Keene Bancorp, Inc., Keene, TX, and

First State Bank, Keene, TX*

Fed Reg – 09/11/1998

Newspaper – 09/08/1998

3(a)(3) State National Bancshares, Inc., Lubbock, TX, to acquire

Continental National Bancshares, Inc., El Paso, TX, and

Continental National Bank, El Paso, TX*

Fed Reg – 09/08/1998

Newspaper – N/Avail

3(a)(5) Sterling Bancshares, Inc., Houston, TX, and

Sterling Bancorporation, Inc., Wilmington, DE,

to acquire Hometown Bancshares, Inc., Houston, TX, and

Clear Lake National Bank, Houston, TX*

Fed Reg – 09/11/1998

Newspaper – 09/08/1998

3(a)(1) Eagle Lake Bancshares, Inc., Eagle Lake, TX, to acquire

Finabel Corporation, Dover, DE, and

First National Bank, Eagle Lake, TX*

Fed Reg – 09/11/1998

Newspaper – N/Avail

3(a)(1) Finabel Coproration, Dover, DE, to acquire

First National Bank, Eagle Lake, TX*

Fed Reg – 09/11/1998

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

None

Section V – Availability of CRA public evaluations

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.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Fourth Quarter of 1998

Institution Location

Memphis State Bank 621 Noel

P. O. Drawer 10

Memphis, TX 79245

First Bank & Trust Company 109 N. Main St.

P. O. Box 158

Dawson, TX 76639
Section VI – CRA examinations scheduled for Fourth Quarter of 1998

Institution Location

State Bank of Texas 3330 Antoine

P. O. Box 920978

Houston, TX 77092

First State Bank 125 E. DaVilla

P. O. Box 38

Granger, TX 76530

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar quarter

is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need to defer a

planned examination or conduct an unforeseen examination because of scheduling difficulties or other circumstances.
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, August 15, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Home Valley Bank, Cave Junction, Oregon, to establish a branch

office at 110 SW 4th Street, Grants Pass, Oregon. *

Newspaper 8/22/1998

Branch Liberty Bank, South San Francisco, California, to establish a

branch office at 6221 Graham Hill Road, Felton, California. *

Newspaper 9/11/1998

* Subject to the provisions of the Community Reinvestment Act

 Newspaper – Newspaper Comment Period Ending Date

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

Type Application

Ending date of

comment period

3(a)(5) Western Sierra Bancorp, Cameron Park, California, to acquire

Roseville 1st Community Bancorp, Roseville, California. *

Newspaper 9/08/1998

Fed Reg 9/14/1998

3(a)(3) Eggemeyer Advisory Corp., Castle Creek Capital, LLC, and Castle

Creek Capital Partners Fund-I, L.P., all of Rancho Santa Fe,

California, to acquire Continental National Bancshares, Inc., El

Paso, Texas, through its 18 percent ownership of State National

Bancshares, Inc., Lubbock, Texas. *

Newspaper N/Avail

Fed Reg 9/08/1998

* Subject to the provisions of the Community Reinvestment Act

Fed Reg - Federal Register Comment Period Ending Date

Newspaper – Newspaper Comment Period Ending Date

N/Avail - Not Available (Not yet available; Not available at this time)

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

Member Golden Gate Bank, San Francisco, California, to become a

member of the Federal Reserve System.

3(a)(5)(C) Community Financial Group, Inc., to become a bank holding

company by acquiring The Wheatland Bank, both of Davenport,

Washington.

4(c)(8) Notice by Cowlitz Bancorporation, Longview, Washington, to

engage in nonbanking activities through the acquisition of

Business Finance Corporation, Bellevue, Washington.

Section V – Availability of CRA public evaluations

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:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

671464 California Center Bank

2222 W. Olympic Blvd.

Los Angeles, CA 90006-2118

(213) 386-2222

3/30/1998 8/14/1998 NI X

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.
Section VI – CRA examinations scheduled for Fourth Quarter of 1998

Institution Location

Eldorado Bank Tustin, CA

American Pacific Bank Portland, OR

Bank of the Orient San Francisco, CA

Bank of Commerce San Diego, CA

Hacienda Bank Santa Maria, CA

Pierce Commercial Bank Tacoma, WA

Cache Valley Bank Logan, UT

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar quarter

is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need to defer a

planned examination or conduct an unforeseen examination because of scheduling difficulties or other circumstances.