1/ Application processed on behalf of the Board of Governors under delegated authority.

Transcription

1 ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1984 No. 22 Actions of the Board; Applications and Reports Received During the Week Ending June 2, 1984 APPLICABLE RESERVE BANK Boston Boston Boston Philadelphia Philadelphia Philadelphia Cleveland ACTIONS OF THE BOARD First and Ocean Bank, National Association, Newburyport, Massachusetts, proposal to merge with First and Ocean National Bank of Newburyport, Newburyport, Massachusetts; report to the Comptroller of the Currency on competitive factors. J_/ Lynn Five Cents Savings Bank. Lynn, Massachusetts, proposal to acquire the assets and assume the liability of the Colonial National Bank, Danvers, Massachusetts; report to the Federal Deposit Insurance Corporation on competitive factors. J_/ First and Ocean Bancorp, Newburyport, Massachusetts, extension of time to October 9, 1984, within which to become a bank holding company through the acquisition of First and Ocean National Bank of Newburyport, Newburyport, Massachusetts. J_/ Shenandoah Bancorp, Shenandoah, Pennsylvania, extension of time to August 29, 1984, within which to form a bank holding company through the acquisition of Merchants National Bank, Shenandoah, Pennsylvania. ]_/ United Penn Corporation, Wilkes-Barre, Pennsylvania, extension of time to October 1, 1984, within which to acquire Uni Penn Life Insurance Company. J_/ USBANCORP, Inc., Johnstown, Pennsylvania, extension of time to September 24, 1984, within which to acquire Three Rivers Bank and Trust Company, Pittsburgh, Pennsylvania. V Farmers Bancshares of Georgetown, Inc., Georgetown, Kentucky, extension of time to September 14, 1984, within which to acquire Farmers Bank and Trust Company, Georgetown, Kentucky. 1/ 1/ Application processed on behalf of the Board of Governors under

2 H.2, 1984 No Cleveland Richmond Richmond Richmond McKeesport National Corporation, McKeesport, Pennsylvania, extension of time to September 16, 1984, within which to acquire McKeesport National Bank, McKeesport, Pennsylvania. ]_/ Guaranty Bank, National Association, Huntington, West Virginia, a proposed new bank, proposed merger with The Guaranty National Bank of Huntington, Huntington, West Virginia; report to the Comptroller of the Currency on competitive factors. ]_/ United Carolina Bank, Whiteville, North Carolina, proposed merger with State Bank of Raleigh, Raleigh, North Carolina; report to the Federal Deposit Insurance Corporation on competitive factors. 1_/ Greenbrier Valley Bank, Lewisburg, West Virginia, an investment in bank premises. J_/ Bank of Macon County, Montezuma, Georgia, proposed merger with Bankshares of Georgia Interim, Inc., Montezuma, Georgia; report to the Federal Deposit Insurance Corporation on competitive factors. 1/ American National Bank of Brunswick, Brunswick, Georgia, proposed merger with American National Interim Bank, Brunswick, Georgia; report to the Comptroller of the Currency on competitive factors. ]_/ Bunkie Bancshares, Inc., Bunkie, Louisiana, extension of time to August 26, 1984, within which to become a bank holding company through the acquisition of Bunkie Bank and Trust Company, Bunkie, Louisiana. }J Trust Company of Georgia,, Georgia, extension of time to June 30, 1984, within which to acquire F.N.I.B.W. Financial Corporation, Waycross, Georgia, and for Southern Bancshares, Inc.,, Georgia, to merge with F.N.I.B.W. Financial Corporation, Waycross, Georgia. ]_/ Bankshares of Georgia, Inc., Montezuma, Georgia, extension of time to October 16, 1984, within which to become a bank holding company through the acquisition of the Bank of Macon County, Montezuma, Georgia. J / T7 Application processed on behalf of the Board of Governors under

3 H.2, 1984 No Tri-City Bank and Trust Company, Blountville, Tennessee, proposed merger with Farmers & Merchants Bank, Limestone, Tennessee; report to the Federal Deposit Insurance Corporation on competitive factors. J_/ First National Bank of Florida, Tampa, Florida, proposed merger with First National Bank of Brevard, Merritt Island, Florida; report to the Comptroller of the Currency on competitive factors. ]_/ First National Bank of Jackson, Jackson, Mississippi, proposed merger with Merchants and Planters Bank, Hazelhurst, Mississippi, and State Guaranty Bank, Magee, Mississippi; report to the Comptroller of the Currency on competitive factors. ]_/ Northwest American Bankshares Corporation,, Illinois, extension of time to August 21, 1984; within which to become a bank holding company through the acquisition of All American Bank of,, Illinois, and Northwest Commerce Bank, Rosemont, Illinois. ]_/ First Colonial Bankshares Corporation,, Illinois, extension of time to August 21, 1984, within which to acquire Northwest American Bankshares Corporation,, Illinois, and Northwest Commerce Bank, Rosemont, Illinois. 1_/ State Bank, Hales Corners, Hales Corners, Wisconsin, application for prior approval to merge with Corners Interim Bank, Hales Corners, Wisconsin, under the title of State Bank, Hales Corners; report to the Federal Deposit Insurance Corporation on competitive factors. ]J NBR National Bank, Royal Oak, Michigan, application for prior approval to merge with National Bank of Royal Oak, Royal Oak, Michigan, under the charter of NBR National Bank, and title of National Bank of Royal Oak; report to the Comptroller of the Currency on competitive factors. J/ Financial National Bancshares, Elgin, Illinois, extension of time to August 31, 1984, within which to acquire The Larkin Bank, Elgin, Illinois. 1/ 1_/ Application processed on behalf of the Board of Governors under

4 H.2, 1984 No St. Louis Iowa First Bancshares Corp., Muscatine, Iowa, extension of time to July 1, 1984, within which to become a bank holding company through the acquistion of First National Bank of Muscatine, Muscatine, Iowa and First National Bank of Fairfield, Fairfield, Iowa. J_/ Comerica Incorporated, Detroit, Michigan, extension of time to August 27, 1984, within which to acquire Pontiac State Bank, Pontiac, Michigan. 1/ Bippus State Corporation, Bippus, Indiana, extension of time to July 20, 1984 within which to become a bank holding company through the acquisition of The Bippus State Bank, Bippus, Indiana. ]_/ Magna Group, Inc., Belleville, Illinois, extension of time to September 3, 1984, within which to acquire the successors by merger to The First National Bank in Columbia, Columbia; First National Bank of Marissa, Marissa; First National Bank of Smithton, Smithton; and Freeburg Bancorp, Inc., Freeburg, Illinois (which owns The First National Bank of Freeburg), all located in 11linois. ]J Home State Bank and Trust Company, Humboldt, Nebraska, application to acquire the assets and assume the liabilities of Louisville State Savings Company, Louisville, Nebraska; report to the Federal Deposit Insurance Corporation on competitive factors. ]_/ Minden Bank & Trust Company, Minden, Louisiana, proposed merger with New Minden Bank & Trust Company, Minden, Louisiana; report to the Federal Deposit Insurance Corporation on competitive factors. ]_/ Mid-Cities National Bank, Hurst, Texas, proposed merger with New Mid-Cities National Bank, Hurst, Texas; report to the Comptroller of the Currency on competitive factors. V Texas Regional Bancshares, Inc., McAllen, Texas, extension of time to September 21, 1984, within which to acquire Texas State Bank, McAllen, Texas and Harlingen State Bank, Harlingen, Texas. 1_/ 1/ Application processed on behalf of the Board of Governors under

5 H.2, 1984 No San Francisco San Francisco San Francisco San Francisco Central Bancshares, Corporation, San Angelo, Texas, extension of time to July 31, 1984, within which to acquire Central National Bank of San Angelo and Central National BankWest, San Angelo, Texas. 1/ City National Bancshares, Inc., Carrollton, Texas, extension of time to August 27, 1984, within which to acquire City National Bank-Furneaux Creek, Carrollton, Texas. J/ Unicorp Bancshares, Inc., Houston, Texas, extension of time to September 6, 1984, within which to merge with Unicorp Bancshares-Houston, Inc., Houston, Texas. J_/ International Bancshares Corporation, Laredo, Texas, extension of time to August 21, 1984, within which to acquire International Bank of Commerce, N.A., Brownsville, Texas. ]_/ Tascosa Financial Corporation, Amarillo, Texas, extension of time to August 9, 1984, within which to acquire Tascosa National Bank South, Amarillo, Texas. V Valley National Corporation, Phoenix, Arizona, extension of time to December 31, 1984, within which to divest of Western Security Life Insurance Company. ]_/ LBI Company, Glendale, Arizona, proposed merger with Liberty Bank, Glendale, Arizona, under the charter and title of the latter; report to the Federal Deposit Insurance Corporation on competitive factors. ]_/ HNB Financial Group, Huntington Beach, California, extension of time to September 2, 1984, within which to become a bank holding company through the acquisition of Huntington National Bank, Huntington Beach, California. ]_/ BankAmerica Corporation, San Francisco, California, extension of time to September 7, 1984, within which to open the London office of BA Investment Management Corporation. 1/ J_/ Application processed on behalf of the Board of Governors under

6 H.2, 1984 No To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act New York Cleveland Approved The Maplewood Bank & Trust Company, Maplewood, New Jersey. To establish 15 offsite electronic facility offices in New Jersey. J/ Lorain County Savings & Trust Company, Elyria, Ohio. To establish an off-site electronic facility at Chestnut Ridge Road, Lorain County, Elyria, Ohio. 1/ Hanover Bank of Florida, Plantation, Florida. To establish a branch at 2100 W. Sample Road, Pompano Beach, Florida. 1/ * * * * * Issued Intent Not to Disapprove Change of Control Pursuant to Change in Bank Control Act of 1978 St. Louis Not Disapproved Merchants and Farmers Bank, Columbus, Mississippi. JJ Vesta Bancorporation, Inc., Vesta, Minnesota. 1/ -k * To Become a Member of the Federal Reserve System Purusant to Section 9 of the Federal Reserve Act San Francisco Approved Eastern Arizona Bank, Safford, Arizona. 1/ * * * * * \ j Application processed on behalf of the Board of Governors under

7 H.2, 1984 No To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 Boston New York St. Louis St. Louis Approved Beverly National Corporation, Beverly, Massachusetts, for approval to acquire 100 percent of the voting shares of The Beverly National Bank, Beverly, Massachusetts. V FNB Rochester Corp., Rochester, New York, for approval to acquire at least 80 percent of the voting shares of First National Bank of Rochester, Rochester, New York. 1/ Auburn National Bancorporation, Auburn, Alabama, for approval to acquire 100 percent of the voting shares of Auburn National Bank of Auburn, Auburn, Alabama. 1/ Hancock Holding Company, Gulfport, Mississippi, for approval to acquire 100 percent of the voting shares of Hancock Bank, Gulfport, Mississippi. Jl_/ F. S. Bancorp, Lagrange, Indiana, for approval to acquire 100 percent of the voting shares of Farmers State Bank, Lagrange, Indiana. 1/ Crossroads Bancorp, Inc., Mount Washington, Kentucky, for approval to acquire at least 80 percent or more of the voting shares of The Peoples Bank, Mount Washington, Kentucky. Kentucky Southern Bancorp, Inc., Bowling Green, Kentucky, for approval to acquire 100 percent of the voting shares of the successor by merger to The Citizens National Bank of Bowling Green, Bowling Green, Kentucky. 1/ First National Agency Company of Deer River, Inc., Deer River, Minnesota, for approval to acquire an additional 87 percent of the voting shares of First National Bank of Deer River, Deer River, Minnesota. j_/ O.F.I., Navarre, Minnesota, for approval to acquire 100 percent of Orono Financial, Inc., Navarre, Minnesota and indirectly acquire percent of First National Bank of the Lakes, Navarre, Minnesota. 1/ Olmsted Bancorporation, Inc., Byron, Minnesota, for approval to acquire Byron Bancorporation, Inc., Byron, Minnesota, and to indirectly acquire 100 percent of the voting shares of State Bank of Byron, Byron, Minnesota. ]_/ T J Application processed on behalf of the Board of Governors under

8 H.2, 1984 No San Francisco South St. Paul Bancshares, Inc., South St. Paul, Minnesota, for approval to acquire 92.5 percent of the voting shares of Summit State Bank of South St. Paul, South St. Paul, Minnesota. 1/ Ashland Bancshares, Inc., Omaha, Nebraska, for approval to acquire at least 99 percent of the voting shares of Ashland State Bank, Ashland, Nebraska. Commonwealth Bancorporation, Inc., Glendale, Colorado, for approval to acquire 100 percent of the voting shares of Commonwealth State Bank, Glendale, Colorado. J_/ Tuttle Bancshares, Inc., Tuttle, Oklahoma, for approval to acquire 100 percent of the voting common shares of Tuttle Insurance Agency, Inc., Tuttle, Oklahoma, and indirectly acquire 24.6 percent of the voting common shares of The Bank of Tuttle, Tuttle, Oklahoma. 1/ Alliance Holdings, Inc., Austin, Texas, for approval to acquire at least 80 percent of the voting shares of Alliance Bank, NA., Austin, Texas. Moran National Bancshares, Inc., Moran, Texas, for approval to acquire 80 percent of the voting shares of The Moran National Bank, Moran, Texas. ]_/ Richland State Bancorp, Inc., Rayville, Louisiana, for approval to acquire 100 percent of the voting shares of Richland State Bank, Rayville, Louisiana. J/ Shamrock Bancshares, Inc., Coalgate, Oklahoma, for approval to merge with Sooner Bancshares, Inc., Caddo, Oklahoma, and indirectly acquire Bryan County National Bank, Caddo, Oklahoma. J_/ Western National Bancorp, Inc., Fort Worth, Texas, for approval to acquire at least 80 percent of the voting shares of Western National Bank of Texas, Fort Worth, Texas. V Cashmere Valley Bancshares, Inc., Cashmere, Washington, for approval to acquire 100 percent of the voting shares of Columbia Valley Bank, East Wenatchee, Washington, a proposed new bank, and Cashmere Valley Bank, Cashmere, Washington. V ]_/ Application processed on behalf of the Board of Governors under

9 H.2, 1984 No Returned Erie Financial Corp., Detroit, Michigan, for approval to acquire 80 percent of the voting shares of Erie State Bank, Detroit, Michigan. Southshares, Inc., Laredo, Texas, for approval to acquire 80 percent of the voting shares of South Texas National Bank of Laredo, Laredo, Texas. 1/ * * * * * To Expand a Bank Holding Company Pursuant to Section (a)(3) of the Bank Holding Company Act of 1956 New York Philadelphia Approved Community Bank System, Inc., Canton, New York, for approval to acquire 100 percent of the voting shares of The Exchange National Bank, Olean, New York, a de novo bank being formed for the purpose of acquiring three branch offices of The Bank of New York, New York, New York, located in Olean, Allegany, and Portville, New York. ]_/ Financial Trans Corp., Carlisle, Pennsylvania, for approval to acquire 100 percent of the voting shares of Chambersburg Trust Company, Chambersburg, Pennsylvania. V Returned M. G. Bancorporation, Inc.,, Illinois, for approval to acquire 51 percent of the voting shares of Worth Bancorp, Inc.,, Illinois and indirectly Worth Bank and Trust,, Illinois. 1/ * * * * * T? Application processed on behalf of the Board of Governors under

10 H.2, 1984 No To Expand a Bank Holding Company Pursuant to Section (c)(8) of the Bank Holding Company Act of 1956 Approved First National Agency Company of Deer River, Inc., Deer River, Minnesota, for approval to engage in general insurance activities in a community with a population of less than 5,000. ]_/ First Oklahoma Bancorporation, Inc., Oklahoma City, Oklahoma, for approval to indirectly acquire 80 percent of the assets of Sun Country Financial Corporation of Colorado, Colorado Springs, Colorado, and thereby expand its data processing services. J_/ Tuttle Bancshares, Inc., Tuttle, Oklahoma, for approval to engage in the sale of general insurance through Tuttle Insurance Agency, Inc., Tuttle, Oklahoma. J_/ Richmond Richmond Returned First Union Corporation, Charlotte, North Carolina, for approval to engage de novo in consumer lending and deposit-taking through First Union National Bank of South Carolina, Columbia, South Carolina; First Union National Bank of Virginia, Annadale, Virginia; First Union National Bank of Texas, Houston, Texas; First Union National Bank of Alabama, Birmingham, Alabama; First Union National Bank of Florida, Ft. Lauderdale, Florida; First Union National Bank of Tennessee, Memphis, Tennessee; and First Union National Bank of Georgia, Tucker, Georgia. Suburban Bancorp, Bethesda, Maryland, for approval to engage de novo in consumer lending and deposit-taking through Suburban Virginia Bank, N.A., Fairfax County, Vi rgi nia. T J Application processed on behalf of the Board of Governors under

11 H.2, 1984 No New York New York Philadelphia Richmond Permitted The Chase Manhattan Corporation, New York, New York, requests permission to engage in the following activities worldwide ((1) in brokerage services restricted to buying and selling securities solely upon the order and for the account of customers and (2) in the business of extending securities credit lending in conformity with the Board's Regulation T, 12 CFR 220; in addition, applicant would offer the following incidental services through Rose: (a) the payment of interest on net free balances in the accounts of its customers, (b) the provision of security custodial services, (c) the maintenance of an arrangement with a money market fund or funds that would permit customers to invest free balances in the fund, (d) providing to its customers access to IRA accounts, (e) securities borrowing and lending, and (f) acting as "inadvertent principal" in the event of the mistaken purchase of securities) through its subsidiary, Rose & Company Investment Brokers, Inc. (6/2/84) 3/ Citicorp, New York, New York, requests permission to engage in the following activities (underwriting and/or reinsuring of credit life and accident and health insurance, directly related to extensions of credit by Citicorp's lending subsidiaries) through its subsidiary, Family Guardian Life Insurance Company (5/27/84) 3/ CoreStates Financial Corp., Philadelphia, Pennsylvania, notification of intent to expand de novo activities (in the origination and servicing of FHA, VA and conventional residential mortgage loans and second mortgage loans) these activities will be conducted from the Applicant's indirect subsidiary offices in the United States, through its subsidiary, Colonial Mortgage Service Company Associates, Inc. (5/28/84) 3/ First Maryland Bancorp, Baltimore, Maryland, and Allied Irish Banks Limited, Dublin, Ireland, joint notification of intent to engage in de novo activities throughout the United States (in acting as agent or broker in the sale of credit life insurance and credit accident and health insurance) through its subsidiaries, First Maryland Credit Corporation and Markwood Agency, Inc. (5/23/84) 2J 3/ 4(c)(8) notification processed by Reserve Bank on behalf of the Board of Governors under

12 H.2, 1984 No Richmond Richmond Richmond First Maryland Bancorp, Baltimore, Maryland, and Allied Irish Banks Limited, Dublin, Ireland, joint notification of intent to engage in de novo activities throughout the United States through its subsidiaries as follows: (First Maryland Mortgage Corporation, First Manufacturer Housing Credit Corporation, First Carolina Financial Corporation, First Maryland Credit Corporation, and First Maryland Leasecorp in making, acquiring, and servicing loans and other extensions of credit for their own accounts or for the accounts of others; First Maryland Mortgage Corporation and First Maryland Leasecorp in purchasing real and personal property and acting as agent, broker, or adviser in the leasing thereof; First Maryland Mortgage Corporation in acting as an investment or financial advisor; First Maryland Credit Corporation in the operation of an industrial loan company; First Maryland Cheque Corporation in providing to others data processing and data transmission services, facilities, data bases, or access to such services, facilities, or data bases; and First Maryland Cheque Corporation in the issuance and sale of retail money orders, U. S. savings bonds and travelers checks) (5/23/84) 3/ Pee Dee Bankshares, Inc., Timmonsville, South Carolina, notification of intent to engage in de novo activities (advertising, soliciting, originating, servicing and selling in the secondary market of real estate mortgage loans secured by single-family residential, multifamily residential, subdivision and commercial properties; and acting as agent for the sale of credit life, credit accident and health insurance directly related to its extensions of credit) in the State of South Carolina (5/27/84) 3/ Union Trust Bancorp, Baltimore, Maryland, notification of intent to engage in de novo activities (making installment loans to individuals for personal, family or household purposes; in purchasing sales finance contracts executed in connection with the sale of personal, family or household goods or services; acting as agent in the sale of credit life and credit accident and health insurance directly related to its extensions of credit; acting as agent in the sale of insurance protecting collateral held against the extensions of credit; and making mortgage loans secured in whole or in part by mortgages or other 37 4(c)(8) notification processed by Reserve Bank on behalf of the Board of Governors under

13 H.2, 1984 No liens on real estate) at 615 Summit Avenue, Greensboro, North Carolina, through its subsidiary, Landmark Financial Services of North Carolina (5/30/84) 3/ Security State Bank Shares, Poison, Montana, notification of intent to engage in de novo activities (in the lending of money to stockholders and their immediate family members) these activities would be conducted in the State of Montana (6/1/84) 3/ Stanley Bancorporation, Inc., Stanley, Wisconsin, notification of intent to engage in de novo activities (in the sale of general insurance in a town with a population not exceeding 5,000) these activities would be performed in the City of Stanley, Wisconsin and the surrounding rural area, through its subsidiary, Stanley Insurance Agency, Inc. (5/31/84) 3/ Liberty National Corporation, Oklahoma City, Oklahoma, notification of intent to expand de novo activities (originating and servicing loans secured by real estate; servicing loans and other extensions of credit for any person; providing life insurance that is directly related to an extension of credit or provision of financial services by an institution within the organization) in Albuquerque, New Mexico, the geographic territory is to include the entire United States (6/1/84) 3/ LBO Bancorp, Inc., West Monroe, Louisiana, notification of intent to engage in de novo activities (to form a subsidiary for the purpose of making small consumer loans; these loans will be for such things as furniture, appliances, small second mortgages, real estate loans and other loans common to a finance company) serving the Ouachita Parish, State of Louisiana, through its subsidiary, Louisiana Consumer Finance, Inc. (5/30/84) 3J Texas Commerce Bancshares, Inc., Houston, Texas, notification of intent to engage in de novo activities (in the provision of management consulting advice to de novo banks including preparation of bank charter applications, regulatory and organization documents, operations support, facilities and securities planning, recruit- 3/ 4(c)(8) notification processed by Reserve Bank on behalf of the Board of Governors under

14 H.2, 1984 No ment and benefits packages) these activities would be conducted in Texas and contiguous states, through its subsidiary, Texas Commerce Advisory Services Company (5/30/84) 3/ San Francisco Independent Bancorp, Lynden, Washington, for approval to acquire 50 percent of the voting shares of Snapper, Shuler, Kenner Insurance, Inc., Lynden, Washington, and to engage de novo in general insurance activities, serving the areas in and around Lynden and Everson, Washington (6/1/84) 3/ ***** To Issue Eligible Acceptances Up to 200 Percent of Paid-In Capital and Surplus New York European American Bank & Trust Company, New York, New York: approved an application to create eligible acceptances up to 200 percent of its capital and surplus. ]_/ ***** Redemptions of Shares Midwest National Bancshares, Inc., Midwest City, Oklahoma. 1/ ]J Application processed on behalf of the Board of Governors under 3/ 4(c)(8) notification processed by Reserve Bank on behalf of the Board of Governors under

15 H.2, 1984 No APPLICATIONS RECEIVED Applications and Notifications for International Investments and Other Actions Pursuant to Sections 25 and 25(a) of the Federal Reserve Act and Sections 4(c)(9), 4(c)(13) and 4(c))14) of the Bank Holding Company Act of 1956, as amended New York Citibank, N.A., New York, New York: prior notification of its intent to continue to hold shares of its subsidiary, Grindlays Australia Limited, Melbourne, Australia, after Limited makes an additional investment in its direct subsidiary, Grindlays Securities Australia Limited, Melbourne, Australia. Manufacturers National Bank of Detroit, Detroit, Michigan: prior notification of its intent to make an additional investment in Atlantic International Bank Limited, London, England. * * * * * To Establish an Overseas Branch of a Member Bank Pursuant to Section 25 of the Federal Reserve Act New York Manufacturers Hanover Trust Company, New York, New York: prior notification of its intent to establish an initial branch in Istanbul, Turkey. * * * * * To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 Maplesville Bancorp, Maplesville, Alabama, for approval to acquire at least 80 percent of the voting shares of Bank of Maplesville, Maplesville, Alabama. 2/ Columbus Bancorp, Inc., Columbus, Indiana, for approval to acquire 90 percent or more of the voting shares of Columbus Corporation, Columbus, Indiana and indirectly acquire Columbus Bank and Trust Co., Columbus, Indiana. 2/ 2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period.

16 H.2, 1984 No APPLICATIONS RECEIVED - Continued St. Louis St. Louis St. Louis St. Louis C.S. Bancshares, Inc., Connersvi1le, Indiana, for approval to acquire 100 percent of the voting shares of Central State Bank, Connersvi1le, Indiana. 2/ Erie Financial Corp., Detroit, Michigan, for approval to acquire 80 percent of the voting shares of Erie State Bank, Monroe, Michigan. 2/ FSB Corp., College Corner, Ohio, for approval to acquire 100 percent of the voting shares of The Farmers State Bank (West College Corner, Indiana), College Corner, Ohio. 2/ Napoleon Bancorp, Napoleon, Indiana, for approval to acquire 100 percent of the voting shares of The Napoleon State Bank, Napoleon, Indiana. 2/ Rush County National Corporation, Rushville, Indiana, for approval to acquire 100 percent of the voting shares of The Rush County National Bank of Rushville, Rushville, Indiana. 2/ Ruth Bank Corporation, Ruth, Michigan, for approval to acquire 80 percent or more of the voting shares of Ruth State Bank, Ruth, Michigan. 2/ Breckinridge Bancorp, Inc., Cl overport, Michigan, for approval to acquire at least 85.1 percent of the voting shares of Breckinridge Bank, Cloverport, Kentucky. 2/ Dyer F & M Bancshares, Inc., Dyer, Tennessee, for approval to acquire at least 80 percent of the voting shares of Farmers & Merchants Bank, Dyer, Tennessee. 2/ Green River Bancorp, Inc., Morgantown, Kentucky, for approval to acquire at least 90 percent of the voting shares of Green River Bank, Morgantown, Kentucky. 2J State First Financial Corporation, Texarkana, Arkansas, for approval to acquire 100 percent of the voting shares of The State First National Bank of Texarkana, Texarkana, Arkansas and Commercial Investment Company, Texarkana, Arkansas and indirectly First National Bank in Ashdown, Ashdown, Arkansas. 2/ 2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period.

17 H.2, 1984 No APPLICATIONS RECEIVED - Continued Mi nneapolis Grant County Bancshares, Inc., Elbow Lake, Minnesota, for approval to acquire percent of the voting shares of Bank of Elbow Lake, Elbow Lake, Minnesota and to acquire 100 percent of the voting shares of State Bank of Wendell, Wendell, Minnesota. ZJ Silver Lake Bancorporation, Inc., Silver Lake, Minnesota, for approval to acquire percent of the voting shares of Citizens State Bank of Silver Lake, Silver Lake, Minnesota. 2/ Beveridge Bancshares, Inc., Paxton, Nebraska, for approval to acquire 100 percent of the voting shares of Bank of Paxton, Paxton, Nebraska. ZJ Citizens Bankshares, Inc., Okemah, Oklahoma, for approval to acquire at least 80 percent of the voting shares of The Citizens State Bank, Okemah, Oklahoma and Affiliated Bank of Sapulpa, N.A., Sapulpa, Oklahoma. 2/ First Financial Corporation, Wellington, Kansas, for approval to acquire 100 percent of the voting shares of The First National Bank, Wellington, Kansas. ZJ Herington First, Inc., Herington, Kansas, for approval to acquire 80 percent of the voting shares of First of Herington, Inc., Herington, Kansas and indirectly acquire The First National Bank of Herington, Herington, Kansas. ZJ Western Kansas Bancshares, Incorporated, Ulysses, Kansas, for approval to acquire 100 percent of the voting shares of Southwest Kansas National Bank, Ulysses, Kansas, a proposed new bank. ZJ Alice Bancshares, Inc., Alice, Texas, for approval to acquire 100 percent of the voting shares of Alice National Bank, Alice, Texas. ZJ Charlotte Bancshares, Inc., Charlotte, Texas, for approval to acquire 80 percent of the voting shares of Charlotte State Bank, Charlotte, Texas. ZJ Plainview Bancorp, Inc., Plainview, Texas, for approval to acquire 80 percent of the voting shares of Plainview Bancshares, Inc., Plainview, Texas and indirectly acquire The City National Bank of Plainview, Plainview, Texas. ZJ 2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period.

18 H.2, 1984 No APPLICATIONS RECEIVED - Continued To Expand a Bank Holding Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956 St. Louis M. G. Bancorporation, Inc.,, Illinois, for approval to acquire 51 percent or more of the voting shares of Worth Bancorp, Inc.,, Illinois and indirectly acquire Worth Bank and Trust, Worth, Illinois. 2/ First United Bancshares, Inc., El Dorado, Arkansas, for approval to acquire 100 percent of the voting shares of The Merchants and Planters Bank, Camden, Arkansas. 2/ High Plains Bank Corp., Kiowa, Colorado, for approval to acquire percent of the voting shares of High Plains Bank of Elizabeth, N.A., Elizabeth, Colorado, a proposed new bank. 2J Interstate Financial Corporation, Edmond, Oklahoma, for approval to acquire at least percent of the voting shares of Union National Bank, Tulsa, Oklahoma. 2/ * * * * * To Expand a Bank Holding Company Pursuant to Section 3(a)(5) of the Bank Holding Company Act of 1956 Midwest Financial Group, Inc., Peoria, Illinois, for approval to merge with First Bloomington Corporation, Bloomington, Illinois and indirectly acquire The National Bank of Bloomington, Bloomington, Illinois, j?/ * * * * * To Expand a Bank Holding Company Pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956 New York Marine Midland Banks, Inc., Buffalo, New York; The Hongkong and Shanghai Banking Corporation, Hong Kong, B.C.C.; Kellett N.V., Curacao, Netherlands Antilles; and HSBC Holdings B.V., Amsterdam, the Netherlands, to acquire Chronogram International Corporation and Chronogram Corporation, both of Greenwich, Connecticut. 27 Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period.

19 H.2, 1984 No APPLICATIONS RECEIVED - Continued Philadelphia Cleveland Mi nneapolis Fidelcor, Inc., Rosemont, Pennsylvania, notification of intent to engage in de novo activities (to provide investment portfolio advice and financial advice to state and local governments with respect to the issuance of their securities) at 121 South Broad Street, 13th Floor, Philadelphia, Pennsylvania, through its subsidiary, Latimer and Buck (5/24/84) Banc One Corporation, Columbus, Ohio, for approval to acquire 100 percent of the voting securities of UML Financial Corporation, Pasadena, California. First Railroad & Banking Company of Georgia, Augusta, Georgia, for approval to acquire small loan receivables and office furniture from Absher Finance Company, Inc., Wytheville, Virginia. Americorp Financial, Inc., Rockford, Illinois, notification of intent to engage in de novo activities (underwriting credit life and credit accident and health insurance (225.25(b)(9)) serving the United States, through its subsidiary, Americorp Financial Life Insurance Company (5/30/84) Marshall & Ilsley Corporation, Milwaukee, Wisconsin, for approval to acquire the mortgage banking assets of Grootemaat Corporation, Milwaukee, Wisconsin. NBD Bancorp, Inc., Detroit, Michigan, notification of intent to expand de novo activities nationwide (in mortgage banking activities, including the making, acquiring and servicing of mortgage loans for its own account and for the account of others, as would be made by a mortgage company, through its subsidiary, NBD Mortgage Company (5/23/84) First Bank System, Inc.,, Minnesota, for approval to acquire Hoiness-LaBar Insurance Company, Billings, Montana. First Bank System, Inc.,, Minnesota, for approval to engage de novo in consumer lending and deposittaking through First Bank Missouri, N.A.,, Missouri. First Bank System, Inc.,, Minnesota, for approval to engage de novo in consumer lending and deposittaking through First Trust Company of Arizona, N.A., Phoenix, Arizona.

20 H.2, 1984 No APPLICATIONS RECEIVED - Continued San Francisco First Bank System, Inc.,, Minnesota, for approval to engage de novo in consumer lending and deposit-taking through First Bank Colorado, N.A., Denver, Colorado. Olsson's, Inc., Ronan, Montana, notification of intent to engage in de novo activities (in the making, acquiring, or servicing of loans or other extensions of credit for the company's account or for the account of others such as would be made, for example, by the following types of companies: consumer finance, mortgage finance and commercial or agricultural finance; will engage in such activities directly, or acquire or form a subsidiary company for such purposes; this request is consistent with Section (b)(1) of Regulation Y) (5/31/84) Herington First, Inc., Herington, Kansas, for approval to acquire Peoples Insurance Agency, Inc., Sharon Springs, Kansas. Northshore Bancshares, Inc., Houston, Texas, notification of intent to engage in de novo activities (in providing data processing activities related to banking business pursuant to Section (7) of Regulation Y) through a subsidiary, Revised Computer Services, Inc. (5/24/84) First Interstate Bancorp, Los Angeles, California, to engage de novo in underwriting municipal bonds and dealing in bank eligible securities and providing consultation services through its direct subsidiary, First Interstate Public Finance Company, Los Angeles, California. * * * * * REPORTS RECEIVED Current Report Filed Pursuant to Section 13 of the Securities Exchange Act Chemung Canal Trust Co. Elmira, New York (Month of April) * * * * * None. PETITIONS FOR RULEMAKING