Federal Register / Vol. 60, No. 246 / Friday, December 22, 1995 / Notices 66551

this activity will be Bedford, Texas;

Irving, Texas; North Richland Hills,

Texas; and Southlake, Texas.

Board of Governors of the Federal Reserve

System, December 18, 1995.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 95–31147 Filed 12–21–95; 8:45 am]

BILLING CODE 6210–01–F

Durden Bankshares, Inc., et al.;

Formations of; Acquisitions by; and

Mergers of Bank Holding Companies

The companies listed in this notice

have applied for the Board’s approval

under section 3 of the Bank Holding

Company Act (12 U.S.C. 1842) and §

225.14 of the Board’s Regulation Y (12

CFR 225.14) to become a bank holding

company or to acquire a bank or bank

holding company. The factors that are

considered in acting on the applications

are set forth in section 3(c) of the Act

(12 U.S.C. 1842(c)).

Each application is available for

immediate inspection at the Federal

Reserve Bank indicated. Once the

application has been accepted for

processing, it will also be available for

inspection at the offices of the Board of

Governors. Interested persons may

express their views in writing to the

Reserve Bank or to the offices of the

Board of Governors. Any comment on

an application that requests a hearing

must include a statement of why a

written presentation would not suffice

in lieu of a hearing, identifying

specifically any questions of fact that

are in dispute and summarizing the

evidence that would be presented at a

hearing.

Unless otherwise noted, comments

regarding each of these applications

must be received not later than January

19, 1996.

A. Federal Reserve Bank of Atlanta

(Zane R. Kelley, Vice President) 104

Marietta Street, N.W., Atlanta, Georgia

30303:

1. Durden Bankshares, Inc., Twin

City, Georgia; to become a bank holding

company by acquiring 100 percent of

the voting shares of Durden Banking

Company, Inc., Twin City, Georgia.

2. First Commerce Corporation, New

Orleans, Louisiana; to acquire 13.51

percent of the voting shares of Louisiana

Independent Bankshares, Inc., Baton

Rouge, Louisiana, and thereby indirectly

acquire First National Bankers Bank,

Baton Rouge, Louisiana.

Board of Governors of the Federal Reserve

System, December 18, 1995.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 95–31148 Filed 12–21–95; 8:45 am]

BILLING CODE 6210–01–F

Regions Financial Corporation;

Formation of, Acquisition by, or

Merger of Bank Holding Companies;

and Acquisition of Nonbanking

Company

The company listed in this notice has

applied under § 225.14 of the Board’s

Regulation Y (12 CFR 225.14) for the

Board’s approval under section 3 of the

Bank Holding Company Act (12 U.S.C.

1842) to become a bank holding

company or to acquire voting securities

of a bank or bank holding company. The

listed company also has given notice

under § 225.23(a)(2) of Regulation Y (12

CFR 225.23(a)(2)) for the under section

4(c)(8) of the Bank Holding Company

Act (12 U.S.C. 1843(c)(8)) and §

225.21(a) of Regulation Y (12 CFR

225.21(a)) to acquire or control voting

securities or assets of a company

engaged in a nonbanking activity that is

listed in § 225.25 of Regulation Y as

closely related to banking and

permissible for bank holding

companies, or to engage in such an

activity. Unless otherwise noted, these

activities will be conducted throughout

the United States.

The application is available for

immediate inspection at the Federal

Reserve Bank indicated. Once the

application has been accepted for

processing, it will also be available for

inspection at the offices of the Board of

Governors. Interested persons may

express their views in writing on the

question whether consummation of the

proposal to acquire the non-banking

subsidiaries can ‘‘reasonably be

expected to produce benefits to the

public, such as greater convenience,

increased competition, or gains in

efficiency, that outweigh possible

adverse effects, such as undue

concentration of resources, decreased or

unfair competition, conflicts of

interests, or unsound banking

practices.’’ Any request for a hearing on

this question must be accompanied by

a statement of the reasons a written

presentation would not suffice in lieu of

a hearing, identifying specifically any

questions of fact that are in dispute,

summarizing the evidence that would

be presented at a hearing, and indicating

how the party commenting would be

aggrieved by approval of the proposal.

Comments regarding the application

must be received at the Reserve Bank

indicated or the offices of the Board of

Governors not later than January 19,

1996.

A. Federal Reserve Bank of Dallas

(Genie D. Short, Vice President) 2200

North Pearl Street, Dallas, Texas 75201-

2272:

1. Regions Financial Corporation,

Birmingham, Alabama, and Regions

Merger Subsidiary, Inc., Gainesville,

Georgia; to acquire 100 percent of the

voting shares of First National Bancorp,

Gainesville, Georgia, and thereby

indirectly acquire The First National

Bank of Gainesville, Gainesville,

Georgia; First National Bank of

Habersham, Cornelia, Georgia; Granite

City Bank, Elberton, Georgia; Bank of

Clayton, Clayton, Georgia; First National

Bank of White County; Cleveland,

Georgia; The Citizens Bank, Toccoa,

Georgia; Bank of Banks County, Homer,

Georgia; First National Bank of Gilmer

County, Ellijay, Georgia; The Peoples

Bank of Forsyth County, Cumming,

Georgia; Pickens County Bank, Jasper,

Georgia; The First National Bank of

Paulding County, Dallas, Georgia;

Citizens Bank, Ball Ground, Georgia;

Bank of Villa Rica, Villa Rica, Georgia;

The Community Bank of Carrollton,

Carrollton, Georgia; The Commercial

Bank, Douglasville, Georgia; Barrow

Bank & Trust Company, Winder,

Georgia; and The Key Bank of Florida,

Tampa, Florida.

In addition to this application,

Regions Merger Subsidiary, Inc.,

Gainesville, Georgia, has applied to

become a bank holding company, by

merging with First National Bancorp,

Gainesville, Georgia.

In connection these applications,

Applicants also have applied to acquire

FF Bancorp, Inc., New Smyrna Beach,

Flordia, and thereby indirectly acquire

First Federal Savings Bank of New

Smyrna, New Smyrna Beach, Florida,

and First Federal Savings Bank of Citrus

County, Inverness, Florida, and thereby

engage in operating a savings

association, pursuant to § 225.25(b)(9)

of the Board’s Regulation Y.

Board of Governors of the Federal Reserve

System, December 18, 1995.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 95–31149 Filed 12–21–95; 8:45 am]

BILLING CODE 6210–01–F

John Smithhisler; Change in Bank

Control Notice

Acquisition of Shares of Banks or

Bank Holding Companies

The notificant listed below has

applied under the Change in Bank