[Federal Register Volume 65, Number 187 (Tuesday, September 26, 2000)]
[Notices]
[Pages 57815-57816]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-24690]


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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 (12 U.S.C. 1843). Unless otherwise noted, 
nonbanking activities will be conducted throughout the United States. 
Additional information on all bank holding companies may be obtained 
from the National Information Center website at www.ffiec.gov/nic/.
    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 October 20, 2000.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Shore Bancshares, Inc., Centreville, Maryland; to merge with 
Talbot Bancshares, Inc., Easton, Maryland, and thereby indirectly 
acquire The Talbot Bank of Easton, Maryland, Easton, Maryland.
    B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166-2034:
    1. First Banks, Inc., St. Louis, Missouri, and its subsidiary, 
First Banks America, Inc., St. Louis, Missouri; to acquire 100 percent 
of the voting shares of Millennium Bank, San Francisco, California.
    2. Eureka Springs Bancshares, Inc., Eureka Springs, Arkansas; to 
acquire 100 percent of the voting shares of Bank of Eureka Springs, 
Eureka Springs, Arkansas.
    In connection with this application, JFC, Inc., Eureka Springs, 
Arkansas, and The John F. Cross Family Limited Partnership II, Eureka 
Springs, Arkansas, have applied to become bank holding companies by 
acquiring voting shares of Eureka Springs Bancshares, Inc., Eureka 
Springs, Arkansas.
    C. Federal Reserve Bank of Kansas City (D. Michael Manies, 
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
64198-0001:
    1. Grace Investment Company, Inc., Alva, Oklahoma; to become a bank 
holding company by acquiring 93.87 percent of the voting shares, for a 
total of 100 percent of the voting shares of The First National Bank in 
Okeene, Okeene, Oklahoma.

[[Page 57816]]

    D. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Sterling City Bancshares, Inc., Sterling City, Texas, and 
Sterling City Delaware Financial Corporation, Dover, Delaware; to 
become bank holding companies by acquiring 100 percent of the voting 
shares of The First National Bank of Sterling City, Sterling City, 
Texas.
    E. Federal Reserve Bank of San Francisco (Maria Villanueva, 
Consumer Regulation Group) 101 Market Street, San Francisco, California 
94105-1579:
    1. First Community Bancorp; Castle Creek Capital Partners Fund I, 
LP; Castle Creek Capital Partners Fund IIa, LP; Castle Creek Capital 
Partners Fund IIb, LP; Castle Creek Capital LLC; Eggemeyer Advisory 
Corp.; and WJR Corp., all of Rancho Santa Fe, California; to acquire 
100 percent of the voting shares of, and thereby merge with 
Professional Bancorp, Inc., Santa Monica, California, and thereby 
indirectly acquire voting shares of First Professional Bank, N.A., 
Santa Monica, California.

    Board of Governors of the Federal Reserve System, September 21, 
2000.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 00-24690 Filed 9-25-00; 8:45 am]
BILLING CODE 6210-01-P