ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM. H.2, 1986, No. 45. Actions of the Board

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1 ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1986, No. 45 Actions of the Board Applications and Reports Received During the Week Ending November 8, 1986 ACTIONS OF THE BOARD Issued revisions to its capital adequacy guidelines, effective immediately, for bank holding companies that treat perpetual debt as primary capital, and place limits on certain non-equity sources of primary capital (Docket R-0557). Issued for public comment a proposal to provide a redeposit service for small checks that are returned for insufficient or uncollected funds; comments are to be received by December 18, 1986 (Docket R-0582). Announcement of the 1987 fee schedules for services provided by the Reserve Banks (Docket R-0583) Boston New York South Shore Bank, Quincy, Massachusetts proposed merger with the Franklin, Massachusetts, office of The First National Bank of Boston, Boston, Massachusetts report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Citicorp, New York, New York extension to October 5, 1987, to complete an investment in Citicorp Investment Bank Limited. 1/ Maryland National Corporation, Baltimore, Maryland extension to February 4, 1987, to acquire Maryland National Bank/D.C., Washington, D.C. a de novo bank. 1/

2 H.2, 1986, No State Bank of Remington, (Incorporated), Remington, Virginia investment in bank premises. 1/ NCNB State Bank, Dumfries, Virginia proposed merger with The Prince William Bank report to the Federal Deposit Insurance Corporation on competitive factors. 1/ The Union Bank of Harrisville, Harrisville, West Virginia proposed merger with UB Interim Bank report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Bruceton Bank, Bruceton Mills, West Virginia investment in bank premises. 1/ Atlanta Atlanta Hibernia National Bank in New Orleans, New Orleans, Louisiana proposed merger with Hibernia National Bank of Jefferson Parish, Metairie; Hibernia National Bank of Baton Rouge, Baton Rouge; Hibernia National Bank of Lafayette, Lafayette; and Guaranty Bank and Trust Company of Alexandria, Alexandria, Louisiana report to the Comptroller of the Currency on competitive factors. 1/ Third National Bank in Nashville, Nashville, Tennessee proposed merger with Third National Bank in Memphis, Memphis, Tennessee report to the Comptroller of the Currency on competitive factors. 1/ Atlanta Citizens Bank of Toccoa, Toccoa, Georgia proposed merger with Interim Citizens Bank of Toccoa report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Atlanta Central Bank of Jacksonville, Oxford, Alabama proposed merger with Jacksonville State Bank report to the Federal Deposit Insurance Corporation on competitive factors. 1/

3 H.2, 1986, No Atlanta American Bank and Trust, Cookeville, Tennessee proposed merger with American Bank and Trust Crossville, Crossville, Tennessee report to the Federal Deposit Insurance Corporation on competitive factors. 1/ FirstMil Bank, Milwaukee, Wisconsin extension to November 30, 1986, within which to establish a branch at 4623 West Lisbon Avenue. 1/ FirstMil Bank, Milwaukee, Wisconsin investment in bank premises. 1/ State Bank of St. Charles, St. Charles, Illinois investment in bank premises. 1/ Federated Bank of Onarga, Onarga, Illinois proposed merger with Federated Bank of Chebanse, Chebanse, Illinois report to the Federal Deposit Insurance Corporation on competitive factors. 1/ The Millikin National Bank of Decatur, Decatur, Illinois proposed merger with Northtown Bank and Trust report to the Comptroller of the Currency on competitive factors. 1/ Blackhawk State Bank, Milan, Illinois proposed acquisition of assets and assumption of liabilities to pay deposits in Valley Bank of Coal Valley report to the Federal Deposit Insurance Corporation on competitive factors. 1/ St. Louis Greater Milwaukee Financial Corp., Milwaukee, Wisconsin extension to February 1, 1987, to acquire Foremost Leasing Services, Wauwatosa, Wisconsin. 1/ * The Kevil Bank, Kevil, Kentucky proposed merger with Kevil State Bank report to the Federal Deposit Insurance Corporation on competitive factors. 1/

4 H.2, 1986, Mo St. Louis First National Bank of Belleville, Belleville, Illinois proposed merger with the Fairview Heights Community Bank, Fairview Heights, Illinois report to the Federal Deposit Insurance Corporation on competitive factors. 1/ St. Louis The Callaway Bank, Fulton, Missouri investment in bank premises. 1/ St. Louis Tyronza Bancshares, Inc., Tyronza, Arkansas extension of time to December 2, 1986, to acquire Tyronza Bank. 1/ First National Bank in Walsenburg, Walsenburg, Colorado proposed merger with First Walsenburg, Industrial Bank report to the Federal Deposit Insurance Corporation and the Comptroller of the Currency on competitive factors. 1/ Dallas New Landmark Bank, Arlington, Texas proposed merger with Landmark National Bank report to the Comptroller of the Currency on competitive factors. 1/ Dallas Gateway Bancshares, Inc., Dallas, Texas extension of time to acquire Gateway National Bank. 1/ Denied San Francisco First Hawaiian, Inc., Honolulu, Hawaii extension to August 31, 1987, to divest certain property. 1/ San Francisco Zions First National Bank, Salt Lake City, Utah proposed merger with the Lockhart Co. report to the Comptroller of the Currency on competitive factors. 1/ To Establish a Domestic Branch Pursuant To Section 9 of the Federal Reserve Act Approved New York The Bank of New York, New York, New York to establish a branch office at 1881 Broadway, New York, New York. 1/ (11/4/86)

5 H.2, 1986, No New York St. Louis San Francisco The Schenectady Trust Company, Schenectady, New York to establish a branch office at Country Dollar Plaza, Guideboard Road, Town of Halfmoon, County of Saratoga, State of New York. 1/ (11/4/86) Bank of Virginia,, Virginia to establish a branch at Route 360 and Genito Road, Midlothian, Virginia. 1/ (11/5/86) Bank of Gassaway, Gassaway, West Virginia to establish a branch on Salt Lick Road, Burnsville, West Virginia. 1/ (11/6/86) Central Fidelity Bank,, Virginia to establish a branch at 6020 Highway, Alexandria, Virginia. 1/ (11/7/86) Monroe City Bank, Monroe City, Missouri to establish a branch at Mark Twain Center, 1100 East Highway 36 & 24, Monroe City, Missouri. 1/ (11/3/86) Rio Salado Bank, Tempe, Arizona to establish a branch in the vicinity of Friendship Village, 2645 Southern Avenue, Tempe, Arizona. 1/ (11/6/86) To Merge Pursuant to Section 1 8 (c) of the Federal Deposit Insurance Act Approved United Virginia Bank,, Virginia to merge with People's Bank of Chesapeake, Chesapeake, Virginia. 1/ (11/3/86) *

6 H.2, 1986, No ACTIONS OP THE BOARD - Continued 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 Approved New York New York BanPonce Corporation, San Juan, Puerto Rico; no objection to acquire, indirectly, all of the shares of Gelco Vehicle Leasing, Inc., Guaynabo, Puerto Rico. (11/7/86) Irving Bank Corporation, New York, New York grants consent of a proposed investment in 100 percent of the shares of Irving International Trade, Inc., New York, New York. (11/3/86) Forty-Five Day Notification Period Waived New York. BanPonce Corporation, San Juan, Puerto Rico; no objection to invest in its wholly-owned subsidiary, B.P. Leasing Corporation, San Juan, Puerto Rico, and to acquire, indirectly through Leasing, all of the shares of Gelco Vehicle Leasing, Inc., Guaynabo, Puerto Rico. (11/7/86) To Form a Bank Holding Company Pursuant to Section 3( a)(1) of the Bank Holding Comopany Act of 1956 Returned Lenexa National Bancshares, Inc., Overland Park, Kansas for approval to acquire 100 percent of the voting shares of Lenexa Bancorporation, Inc., Lenexa, Kansas and indirectly acquire The Lenexa National Bank, Lenexa, Kansas. (11/3/8.6) *

7 H.2, 1986, No Approved Philadelphia Atlanta Atlanta Kish Bancorp, Inc., Belleville, Pennsylvania for approval to acquire 100 percent of the voting shares of The Kishacoquillas Valley National Bank of Belleville, Belleville, Pennsylvania. 1/ (11/5/86) Sardis Bankshares, Inc., Sardis, Georgia for approval to acquire 80 percent of the voting shares of Bank of Sardis, Sardis, Georgia. 1/ (11/7/86) Vermilion Bancshares Corporation, Kaplan, Louisiana for approval to acquire 100 percent of the voting shares of Vermilion Bank & Trust Company, Kaplan, Louisiana. 1/ (11/7/86) Avoca Financial Services, Inc., and Western Iowa Consultants, Inc., Council Bluffs, Iowa to acquire 94 percent of the voting shares of Citizens Savings Bank, Avoca, Iowa. 1/ (11/6/86) CREST BANCORP, Inc., Roberts, Illinois for approval to acquire 100 percent of the voting shares of Roberts State Bank, Roberts, Illinois. 1/ (11/6/86) New Palestine Bancorp, New Palestine, Indiana for approval to acquire 100 percent of the voting shares of New Palestine Bank, New Palestine, Indiana. 1/ (11/6/86) Northeast Wisconsin Financial Services, Inc., Sturgeon Bay, Wisconsin for approval to acquire 100 percent of the voting shares of First National Bank of Sturgeon Bay, Sturgeon Bay, Wisconsin. 1/ (11/5/86 RNB Corp., Brazil, Indiana for approval to acquire 100 percent of the voting shares of The Riddell National Bank of Brazil, Indiana, Brazil, Indiana. 1/ (11/4/86) Greenwood County Financial Services, Inc., Eureka, Kansas for approval to acquire 100 percent of the voting shares of Home Bank and Trust Company of Eureka, Eureka, Kansas. 1/ (11/3/86)

8 H.2, 1986, No Dallas San Francisco UB&T Bancshares, Inc., Abilene, Texas for approval to acquire 80 percent of the voting shares of United Bank & Trust, Abilene, Texas. 1/ (11/4/86) Southborough Holdings, Inc., Vancouver, B.C., Canada, Pacific National Financial Corporation, Vancouver, B.C., Canada and American National Corporation, Mountain View, California - for approval to acquire Foothill Bank, Mountain View, California. (11/3/86) To Expand a Bank Holding Company Pursuant to Section 3( a)(3) of the Bank Holding Company Act of 1956 Approved Boston Cleveland Cleveland The One Bancorp, Portland, Maine for approval to acquire 100 percent of the voting shares of The Bank of Hartford, Inc., S.A., Hartford, Connecticut, a proposed new bank. (11/7/86) AmeriTrust Corporation, Cleveland, Ohio for approval to acquire The Boone Corporation, Lebanon, Indiana and indirectly acquire The Boone Bounty State Bank, Lebanon, Indiana. 1/ (11/6/86) Kentucky Bancorporation, Inc., Covington, Kentucky for approval to acquire 100 percent of the voting shares of Marion Bancshares, Lexington, Kentucky and indirectly acquire Marion National Bank, Lebanon, Kentucky. 1/ (11/5/86)

9 H.2, 1986, No Cleveland Cleveland Montgomery Bancorp, Inc., Mount Sterling, Kentucky for approval to acquire 100 percent of the voting shares of Farmers Exchange Bank, Millersburg, Kentucky. 1/ (11/7/86) United Bancorp of Kentucky, Inc., Lexington, Kentucky for approval to acquire 100 percent of the voting shares of Bank of Lexington & Trust Company, Inc., Lexington, Kentucky. 1/ (11/7/86) City Holding Company, Charleston, West Virginia for approval to acquire 100 percent of the voting shares of The Peoples Bank of Point Pleasant, Point Pleasant, West Virginia. 1/ (11/5/86) James Madison Limited, Washington, D.C. for approval to acquire 100 percent of the voting shares of the successor by merger to The McLean Bank, McLean, Virginia. (11/3/86) Atlanta National Banc of Commerce Company, Charleston, West Virginia for approval to acquire 100 percent of the voting shares of The Chemical Bank and Trust Company, South Charleston, West Virginia. 1/ (11/3/86) Riggs National Corporation, Washington, D.C. for approval to acquire 100 percent of the voting shares of the successor by merger to Guaranty Bank & Trust Company, Fairfax, Virginia 1/ (11/7/86) FMB Banking Corporation, Monticello, Florida for approval to acquire 80 percent of the voting shares of Pavo State Bank, Pavo, Georgia. 1/ (11/5/86) 1 / Application processed on behalf of the Board of Governors

10 H.2, 1986, No Atlanta Atlanta Citizens and Southern Corporation, Atlanta, Georgia and Citizens and Southern Florida Corporation, Ft. Lauderdale, Florida ' for approval to acquire 100 percent of the voting shares of First National Bank, Winter Park, Winter Park, Florida; Bank of the Islands, Sanibel, Florida, Community National Bank, Kissimmee, Florida; and First National Bank, Seminole County, Longwood, Florida. (11/4/86) LCB Corporation, Inc., Fayetteville, Tennessee for approval to acquire 100 percent of the voting shares of First National Bank of Huntland, Huntland, Tennessee. 1/ (11/6/86) Central Wisconsin Bankshares, Inc., Wausau, Wisconsin for approval to acquire at least 64.6 percent of the voting shares of Westby-Coon Valley State Bank, Westby, Wisconsin. 1/ (11/4/86) Continental Illinois Corporation,, Illionois for approval to acquire 100 percent of the voting shares of First National Bank of Deerfield, Deerfield, Illinois; The First National Bank of Western Springs, Western Springs, Illinois; South Suburban Bancorp, Inc., and indirectly First Suburban Bank of Olympia Fields, both of Olympia Fields, Illinois. First Illini Bancorp, Inc., Galesburg, Illinois for approval to acquire 80 percent or more of the voting shares of Community Bancshares of Canton, Inc., Canton, Illinois and indirectly acquire Community Bank and Trust Company, Canton, Illinois. 1/ (11/4/86)

11 H.2, 1986, No ACTIONS OP THE BOARD - Continued Chic ago St, Louis Minneapolis Minneapolis First of America Bank Corporation, Kalamazoo, Michigan for approval to acquire First LaPorte Financial Corp., LaPorte, Indiana, and indirectly First National Bank and Trust Company of LaPorte, LaPorte, Indiana. 1/ (11/3/86) First Kentucky National Corporation, Louisville, Kentucky for approval to acquire 100 percent of the voting shares of Mutual Trust Bank, New Albany, Indiana. (11/7/86) Baron Bancshares, Inc., White Bear Lake, Minnesota for approval to acquire 100 percent of the voting shares of First State Bank Chokio, Chokio, Minnesota. 1/ (11/7/86) Shelard Bancshares, Inc., St. Louis Park, Minnesota for approval to acquire 100 percent of the voting shares of Minnesota National Bank of Eagan, Eagan, Minnesota. 1/ (11/6/86) Chambanco, Inc., Chambers, Nebraska for approval to acquire percent of the voting shares of Ewing Agency, Inc., Ord, Nebraska and indirectly acquire Farmers State Bank, Ewing, Nebraska* 1/ (11/6/86) Robinson.Bancshares, Inc., Robinson, Kansas for approval to acquire at least 80 percent of the voting shares of Morrill and Janes Bancshares, Inc., Hiawatha, Kansas and indirectly Morrill and Janes Bank and Trust Company, Hiawatha, Kansas. 1/ (11/5/86) i/ Application processed on behalf of the Board of Governors

12 H.2, 1986, No To Expand a Bank Holding Company Pursuant to Section 3(a)(5) of the Bank Holding Company Act of 1956 Approved Cleveland First Indiana Bancorp, Elkhart, Indiana for approval to merge with The Boone Corporation, Lebanon, Indiana, and indirectly acquire The Boone Bounty State Bank, Lebanon, Indiana. If (11/6/86) Financial National Bancshare, Co., Elgin, Illinois for approval to merge with Northwest Suburban Bancorp., Inc., Mount Prospect, Illinois, and thereby indirectly First National Bank of Lake Zurich, Lake Zurich, Illinois; Countryside Bank, Mount Prospect, Illinois; and First National Bank of Mount Prospect, Mount Prospect, Illinois. 1/ (11/7/86) First Bancorp, Indianapolis, Indiana for approval to merge with First LaPorte Financial Corp., LaPorte, Indiana and indirectly acquire First National Bank and Trust Company of LaPorte, LaPorte, Indiana. 1/ (11/3/86) River Forest Bancorp,, Illinois for approval to merge with Commercial Corporation,, Illinois and indirectly acquire Commercial National Bank of,, Illinois. 1/ (11/6/86)

13 H.2, 1986, No St. Louis Dallas Grenada Sunburst System Corporation, Grenada, Mississippi for approval to merge with Citizens Capital Corporation, and indirectly acquire Mount Olive Bank, Mount Olive, Mississippi. 1/ (11/4/86) American Capital Corporation, Centerville, Texas for approval to merge with Fairfield Bancshares, Inc., Fairfield, Texas and indirectly acquire Fairfield State Bank, Fairfield, Texas. 1/ (11/7/86) To Expand a Bank Holding Company Pursuant to Section 4 ( c ) (8) of the Bank Holding Company Act of 1956 Returned Minneapolis Montana Community Banks, Inc., Ronan, Montana to engage de novo (engagin in community development activities). The activity will be conducted in Montana. 3/ (11/7/86) Approved Boston St. Louis American Bancorp, Inc., Hamden, Connecticut for approval to acquire certain assets and assume certain liabilities of Data Control Group, Inc., New Haven, Connecticut. 1/ (11/7/86) Financial National Bancshares, Co., Elgin, Illinois for approval to acquire NSB Finance, Inc., Mount Prospect, Illinois. 1/ (11/7/86) Citizens State Bankshares of Bald Knob, Inc., Bald Knob, Arkansas to engage de novo in the sale of credit related insurance policies or certificates on extensions of credit by Citizens State Bank, Bald Knob, Arkansas. 1/ (11/7/86) 3/ Notification processed by Reserve Bank on behalf of the Board of Governors

14 H.2, 1986, No San Francisco Southborough Holdings, Inc., Pacific National Financial Corporation, Vancouver, B.C., Canada; and American National Corporation, Mountain View, California to engage in certain leasing activities in the United States through American National Leasing Corporation, Mountain View, California. (11/3/86) Permitted Carolina Mountain Holding Company, Highlands, North Carolina to engage de novo (making, acquiring and/or servicing loans for itself or for others of the type made by a consumer finance company) through its subsidiary, Community Finance Company, Franklin, North Carolina. The activity would be conducted nationwide. 3/ (11/3/86) First Bankshares, Inc., Barboursvilie, West' Virginia to engage de novo (making, acquiring and/or servicing loans for itself or for others of the type made by a mortgage company) through its subsidiary, Equitable Mortgage Company, Barboursvilie, West Virginia. The geographic scope will be nationwide. 3/ (11/3/86) Chrisman Bancorp, Inc., Springfield, Illinois to engage de novo (selling credit life, disability or involuntary unemployment insurance) through its subsidiary bank. First National Bank of Chrisman, Chrisman, Illinois. 3/ (11/5/86) * 3/ Notification processed by Reserve Bank on behalf of the Board of Governors

15 H.2, 1986, No Redemption of Shares F.S.B., Inc., Superior, Nebraska. (11/4/86) Hardy Insurance Agency, Inc., Superior, Nebraska. 1/ (11/6/86) Santa Fe Trail Bancshares, Inc., Sublette, Kansas. 1/ (11/7/86) Issued Intent Not to Disapprove Change of Control Pursuant to Change in Bank Control Act of 1978 Approved Sante Fe Trail Bancshares, Inc., Sublette, Kansas. 1/ (11/7/86)

16 H.2, 1986, No To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Received New York United Jersey Bank, Hackensack, New Jersey to establish a branch office at 295 Route 17, Paramus, New Jersey. 2/ Philadelphia Miners Bank of Lykens, Lykens, Pennsylvania to establish a remote service facility at Don's Food Rite, 668 Main Street, Lykens, Pennsylvania. 2/ Bruceton Bank, Bruceton Mills, West Virginia to establish a branch in the Cheat Lake Area, U.S. Route 73, Morgantown, West Virginia. 2/ To Form a Bank Holding Company Pursuant to Section 3( a)(1) of the Bank Holding Company Act of 1956 Received Philadelphia UNB Corp., Mount Carmel, Pennsylvania for approval to acquire 100 percent of the voting shares of The Union National Bank of Mount Carmel, Mount Carmel, Pennsylvania. 2/ Cleveland Park National Corporation, Newark, Ohio for approval to acquire 100 percent of the voting shares of The Park National Bank, Newark, Ohio and The Richland Trust Company, Mansfield, Ohio. 2/ Atlanta International City Bancorp, Inc., Warner Robins, Georgia for approval to acquire International City Bank, Warner Robins, Georgia. 2/ CNB Bancorp, Inc., Danville, Illinois for approval to acquire 100.percent of the voting shares of The City National Bank of Hoopeston, Hoopeston, Illinois. 2/ 2/ Application subject to Community Reinvestment Act. The Community Affairs Office of the applicable Reserve Bank may be contacted as to the length of the comment period.

17 H.2, 1986, No Conover Bancorporation, Creston, Iowa for approval to acquire 100 percent of the voting shares of The First National Bank in Creston, Creston, Iowa. 2/ Hasten Bancorp, Indianapolis, Indiana for approval to acquire 100 percent of the voting shares of H & H Financial Corporation, Kokomo, Indiana and indirectly acquire percent of First National Bank, Kokomo, Indiana; 100 percent of First National Financial Corporation of Martinsville, Martinsville, Indiana and indirectly percent of First National Bank, Martinsivlle, Martinsville, Indiana; 100 percent of First Bank and Trust Company of Clay County, Brazil, Indiana; percent of Sullivan State Bank, Sullivan, Indiana; and 97.9 percent of Peoples State Bank, Farmersburg, Indiana; 100 percent of Farmers Banc, Inc., Tipton, Indiana and indirectly Farmers Loan and Trust Company, Tipton, Indiana. 2/ United Acquisition Subsidiary, Inc., Denver, Colorado for approval to acquire 100 percent of the voting shares of IntraWest Financial Corporation, Denver, Colorado and indirectly IntraWest Bank of Arapahoe, N.A., Englewood; IntraWest Bank of Aurora, N. A., Aurora; IntraWest Bank of Bear Valley, N.A., Denver; IntraWest Bank of Boulder, N.A., Boulder; IntraWest Bank of Colorado Springs, N.A., Colorado Springs; IntraWest Bank of Fort Collins, N.A., Fort Collins; IntraWest Bank of Grand Junction, Grand Junction; IntraWest Bank of Greeley, N.A., Greeley; IntraWest Bank of Highlands Ranch, N.A., Highlands Ranch; IntraWest Bank of Montrose, N.A., Montrose; IntraWest Bank of Northglenn, N.A., Northglenn; IntraWest Bank of Pueblo, N.A., Pueblo; IntraWest Bank of Steamboat Springs, N.A., Steamboat Springs; IntraWest Bank of Sterling, Sterling; IntraWest Bank of Southwest; Bank of Southglenn, N.A., Littleton; IntraWest Bank of Southwest Plaza, N.A., Littleton, all located in Colorado. 2/ 2/ Application subject to Community Reinvestment Act. The Community Affairs Office of the applicable Reserve Bank may be contacted as to the length of the comment period.

18 H.2, 1986, No St. Louis Minneapolis Dallas San Francisco Warranty Bancorporation, Ottumwa, Iowa for approval to acquire 80 percent of the voting shares of South Ottumwa Savings, Ottumwa, Iowa. 2/ Parkin Bancorp, Inc., Parkin, Arizona for approval to acquire 100 percent of the voting shares of First State Bank, Parkin, Arizona. 2/ Thompson Falls Holding Company, Thompson Falls, Minnesota for approval to acquire 100 percent of the voting shares of First State Bank of Montana, Thompson Falls, Montana. 2/ Citizens Bancshares of Marysville, Inc., Marysville, Kansas for approval to acquire 100 percent of the voting shares of Citizens State Bank, Marysville, Kansas. 2/ Farmers Bancshares, Inc., St. Joseph, Missouri for approval to acquire 100 percent of the voting shares of Farmers Bank of Maysville, St. Joseph, Missouri. 2/ Cornerstone Bancshares, Inc., Dallas, Texas for approval to acquire 100 percent of the voting shares of Cornerstone Bank, N.A., Dallas, Texas. 2/ Hawaii National Bancshares, Inc., Honolulu, Hawaii for approval to acquire 100 percent of the voting shares of Hawaii National Bank, Honolulu Hawaii. 2/ To Expand a Bank Holding Company Pursuant To Section 3(a)(3) of the Bank Holding Company Act of 1956 Received Cleveland Banc One Corporation, Columbus, Ohio for approval to acquire 100 percent of the voting shares of Northwest National Bank, Rensselaer, Indiana. 2/ 2/ Application subject to Community Reinvestment Act. The Community Affairs Office of the applicable Reserve Bank may be contacted as to the length of the comment period.

19 2/ Application subject to Community Reinvestment Act. The Community Affairs Office of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1986, No Atlanta Atlanta Mountaineer Bankshares of West Virginia, Inc., Martinsburg, West Virginia for approval to acquire 100 percent of the voting shares of The Bank of Wadestown, Fairview, West Virginia. 2/ Community Bancshares, Inc., Blountsville, Alabama for approval to acquire 100 percent of the voting shares of Madison County Bank, New Hope, Alabama, a proposed new b a n k. 2/ Community Bancshares, Inc., Blountsville, Alabama for approval to acquire 100 percent of the voting shares of Morgan County Bank, Falkville, Alabama, a proposed new bank. 2/ Atlanta First Ohio Bancshares, Inc., Toledo, Ohio for approval to acquire The Home Banking Company, Gibsonburg, Ohio. 2/ St. Louis Minneapolis Minneapolis Minneapolis First Oak Brook Bancshares, Inc., Oak Brook, Illinois for approval to acquire 100 percent of the voting shares of FNB Bancorp, Inc., Heights, Illinois and indirectly First National Bank of Heights, Heights, Illinois. 2/ State First Financial Corporation, Texarkana, Arkansas for approval to acquire 100 percent of the voting shares of American National Bank, Texarkana, Texas. 2/ Baron Bancshares, Inc., White Bear Lake, Minnesota for approval to acquire 100 percent of the voting shares of First State Bank Chokio, Chokio, Minnesota. 2/ First Bancorp, Inc., Minneapolis, Minnesota for approval to acquire 100 percent of the voting shares of The First Western Bank, Sturgis, South Dakota. 2/ Frandsen Financial Corporation, Rush City, Minnesota for approval to acquire 100 percent of the voting shares of Farmers and Merchants State Bank of Hinckley, Hinckley, Minneapolis. 2/

20 H.2, 1986, No San Francisco Security Pacific Corporation, Los Angeles, California for approval to acquire 100 percent of the voting shares of California Pacific National Bank, Los Angeles, California. 2/ To Expand a Bank Holding Company Pursuant to Section 3( a ) (5) of the Bank Holding Company Act of 1936 Received Community Bancshares, Inc., Chillicothe, Missouri for approval to merge with Bosworth Bancshares, Inc., Bosworth, Missouri and indirectly Bosworth State Bank, Bosworth; Chillicothe Bancshares, Inc., Chillicothe, Missouri and indirectly Community Bank, Chillicothe; Maryville Bancshares, Iric., Chillicothe and indirectly Citizens State Bank of Maryville, Maryville; Savannah Bancshares, Inc., Chillicothe, and indirectly Community Bank of Savannah, Savannah; Warrensburg Bancshares, Inc., Chillicothe, and indirectly Community Bank of Warrensburg, all located in Missouri. 2/ * To Expand a Bank Holding Company Pursuant to Section 4( c)(8) of the Bank Holding Company Act of 1956 Received New York Banponce Corporation, Hato Rey, Puerto Rico to acquire Thrift Investment Corporation, Fords, New Jersey and thereby engage in sales financing to consumers for the retail purchases of used automobiles; direct auto loans to consumers; automobile leasing financing; credit life, accident and health insurance, and automobile property damage insurance related to the extensions of credit. 2/ Application subject to Community Reinvestment Act. The Community Affairs Office of the applicable Reserve Bank may be contacted as to the length of the comment period.

21 H.2, 1986, No New York New York New York New York Cleveland Chemical New York Corporation, New York, New York to expand the activities of its subsidiary, Chemical Trust Company of Florida, N.A., Palm Beach, Florida ("Chemical Trust"), to include certain deposit-taking and consumer lending activities. Chemical New York Corporation, New York, New York to acquire shares of Penmark Investments, Inc.,, Illinois and to engage in providing portfolio investment advice to any person. U.S. Trust Corporation, New York, New York to acquire Summit Management Company, Inc., Los Angeles, California and thereby engage in providing portfolio investment advice and management to individual, corporate and institutional investors. Westpac Banking Corporation, Sydney, Australia to acquire indirectly all of the shares of Wepco Holding Company, Inc., New York, New York. Banc One Corporation, Columbus, Ohio - to establish a de novo subsidiary, Banc One Investment Management Corporation, Columbus, Ohio and to engage de novo (providing portfolio investment advice to any person) 11/7/86) Sovran Financial Corporation, Norfolk, Virginia to engage de novo through its subsidiary, Sovran Investment Corporation,, Virginia, in offering cash management services, including customer account-related functions, for customers of SIC and its affiliate banks. New Century Bank Corporation, Bay City, Michigan to engage de novo (providing to others financially related data processing and data transmission services, facilities, and data bases? or access to them). (11/3/86)

22 H.2, 1986, No Minneapolis Thompson Falls Holding Company, Thompson Falls, Montana to acquire Valley Insurance Agency, Thompson Falls, Montana and thereby engage in general insurance agency activities in a community with a population not exceeding 5,000. Bellcorp, Inc., Manhattan, Kansas -- to engage de novo (making, acquiring and/or servicing loans for itself or for others of the type made by a mortgage comp a n y a consumer finance company; and a commercial finance company) (11/6/86) San Francisco National Bancorp of Alaska, Inc., Anchorage, Alaska to engage de novo (making, acquiring and/or servicing loans for itself or for others of the type made by a mortgage c o m p a n y underwriting credit life and disability insurance on consumer laons) through NBA Mortgage Corporation, Anchorage, Alaska. (11/6/86) * Agreements Filed Pursuant to Section 8 of the Securities Exchange Act of 1934 American Scandinavian Banking Corporation has filed an agreement with the Federal Reserve Bank of New York (which is authorized to accept such agreements on behalf of the Board of Governors under delegated authority) undertaking to comply with all provisions which relate to the use of credit to finance transactions in securities.