Federal Register / Vol. 62, No. 160 / Tuesday, August 19, 1997 / Notices 44129

set forth in paragraph 7 of the Act (12

U.S.C. 1817(j)(7)).

The notices are available for

immediate inspection at the Federal

Reserve Bank indicated. The notices

also will be available for inspection at

the offices of the Board of Governors.

Interested persons may express their

views in writing to the Reserve Bank

indicated for that notice or to the offices

of the Board of Governors. Comments

must be received not later than

September 3, 1997.

A. Federal Reserve Bank of Chicago

(Philip Jackson, Applications Officer)

230 South LaSalle Street, Chicago,

Illinois 60690-1413:

1. Jackson Boulevard Fund, Ltd.;

Jackson Boulevard Equities, L.P., and

Paul J. Duggan, all of Chicago, Illinois;

to retain voting shares of Damen

Financial Corporation, Schaumburg,

Illinois, and thereby indirectly acquire

Damen National Bank, Schaumburg,

Illinois.

B. Federal Reserve Bank of Dallas

(Genie D. Short, Vice President) 2200

North Pearl Street, Dallas, Texas 75201-

2272:

1. Citizens National Bank in

Waxahachie Employee Stock Ownership

Plan, Waxahachie, Texas; to acquire an

additional 1.23 percent for a total of

13.89 percent, of the voting shares of

First Citizens Bancshares, Inc.,

Waxahachie, Texas, and thereby

indirectly acquire Citizens National

Bank, Waxahachie, Texas.

Board of Governors of the Federal Reserve

System, August 13, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–21838 Filed 8-18-97; 8:45 am]

BILLING CODE 6210-01-F

FEDERAL RESERVE SYSTEM

Formations of, Acquisitions by, and

Mergers of Bank Holding Companies

The companies listed in this notice

have applied to the Board for approval,

pursuant to the Bank Holding Company

Act of 1956 (12 U.S.C. 1841 et seq.)

(BHC Act), Regulation Y (12 CFR Part

225), and all other applicable statutes

and regulations to become a bank

holding company and/or to acquire the

assets or the ownership of, control of, or

the power to vote shares of a bank or

bank holding company and all of the

banks and nonbanking companies

owned by the bank holding company,

including the companies listed below.

The applications listed below, as well

as other related filings required by the

Board, are available for immediate

inspection at the Federal Reserve Bank

indicated. The application also will be

available for inspection at the offices of

the Board of Governors. Interested

persons may express their views in

writing on the standards enumerated in

the BHC Act (12 U.S.C. 1842(c)). If the

proposal also involves the acquisition of

a nonbanking company, the review also

includes whether the acquisition of the

nonbanking company complies with the

standards in section 4 of the BHC Act.

Unless otherwise noted, nonbanking

activities will be conducted throughout

the United States.

Unless otherwise noted, comments

regarding each of these applications

must be received at the Reserve Bank

indicated or the offices of the Board of

Governors not later than September 12,

1997.

A. Federal Reserve Bank of St. Louis

(Randall C. Sumner, Vice President) 411

Locust Street, St. Louis, Missouri 63102-

2034:

1. Community Financial Corp., Olney,

Illinois; to acquire 100 percent of the

voting shares of MidAmerica Bank of St.

Clair County, O’Fallon, Illinois.

B. Federal Reserve Bank of

Minneapolis (Karen L. Grandstrand,

Vice President) 250 Marquette Avenue,

Minneapolis, Minnesota 55480-2171:

1. Norwest Corporation, Minneapolis,

Minnesota; to acquire 100 percent of the

voting shares of International

Bancorporation, Golden Valley,

Minnesota, and thereby indirectly

acquire Northern National Bank,

International Falls, Minnesota; City

National Bank of Cloquet, Cloquet,

Minnesota, and Northern National Bank,

Nisswa, Minnesota.

In connection with this application,

Applicant, through its subsidiary,

Norwest Investment Services, Inc.,

Minneapolis, Minnesota, has applied to

engage in full-service brokerage,

government securities, and limited

underwriting activities, pursuant to §§

225.28(b)(7) and (b)(8) of the Board’s

Regulation Y.

Board of Governors of the Federal Reserve

System, August 13, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–21837 Filed 8-18-97; 8:45 am]

BILLING CODE 6210-01-F

FEDERAL RESERVE SYSTEM

Formations of, Acquisitions by, and

Mergers of Bank Holding Companies

The companies listed in this notice

have applied to the Board for approval,

pursuant to the Bank Holding Company

Act of 1956 (12 U.S.C. 1841 et seq.)

(BHC Act), Regulation Y (12 CFR Part

225), and all other applicable statutes

and regulations to become a bank

holding company and/or to acquire the

assets or the ownership of, control of, or

the power to vote shares of a bank or

bank holding company and all of the

banks and nonbanking companies

owned by the bank holding company,

including the companies listed below.

The applications listed below, as well

as other related filings required by the

Board, are available for immediate

inspection at the Federal Reserve Bank

indicated. The application also will be

available for inspection at the offices of

the Board of Governors. Interested

persons may express their views in

writing on the standards enumerated in

the BHC Act (12 U.S.C. 1842(c)). If the

proposal also involves the acquisition of

a nonbanking company, the review also

includes whether the acquisition of the

nonbanking company complies with the

standards in section 4 of the BHC Act.

Unless otherwise noted, nonbanking

activities will be conducted throughout

the United States.

Unless otherwise noted, comments

regarding each of these applications

must be received at the Reserve Bank

indicated or the offices of the Board of

Governors not later than September 12,

1997.

A. Federal Reserve Bank of Chicago

(Philip Jackson, Applications Officer)

230 South LaSalle Street, Chicago,

Illinois 60690-1413:

1. First State Bancorp of Monticello,

Inc., Employee Stock Ownership Plan,

Monticello, Illinois; to acquire an

additional 9.64 percent, for a total of up

to 35 percent of the voting shares of

First State Bancorp of Monticello, Inc.,

Monticello, Illinois, and thereby

indirectly acquire State Bank of

Hammond, Hammond, Illinois; First

State Bank of Monticello, Monticello,

Illinois; First State Bank of

Bloomington, Bloomington, Illinois;

First State Bank of Heyworth, Heyworth,

Illinois; and First State Bank of Atwood,

Atwood, Illinois.

2. Heartland Bancshares, Inc.,

Franklin, Indiana; to become a bank

holding company by acquiring 100

percent of the voting shares of Heartland

Community Bank, Franklin, Indiana, a

de novo bank.

3. Mahaska Investment Company,

Oskaloosa, Iowa; to acquire 100 percent

of the voting shares of Pella State Bank,

Pella, Iowa, a de novo bank.

Board of Governors of the Federal Reserve

System, August 14, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–21959 Filed 8-18-97; 8:45 am]

BILLING CODE 6210-01-F