[Federal Register Volume 64, Number 6 (Monday, January 11, 1999)]
[Notices]
[Pages 1627-1628]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-469]
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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. 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 February 4, 1999.
A. Federal Reserve Bank of Kansas City (D. Michael Manies,
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri
64198-0001:
1. Chelsea Bancshares, Inc., Chelsea, Oklahoma; to become a bank
holding company by acquiring 100 percent of the voting shares of Bank
of Chelsea, Chelsea, Oklahoma.
B. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
1. State National Bancshares, Inc., Lubbock, Texas; to acquire 100
percent of the voting shares of Valley Bancorp, Inc., El Paso, Texas,
and thereby
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indirectly acquire Montwood National Bank, El Paso, Texas.
In connection with this application, Eggemeyer Advisory
Corporation, Castle Creek Capital, LLC, Castle Creek Capital Partners
Fund I, LP, all of Rancho Santa Fe, California; to acquire more than 5
percent of the voting shares of Valley Bancorp, Inc., El Paso, Texas,
and thereby indirectly acquire Montwood National Bank, El Paso, Texas.
2. Central Bancshares, Inc., Houston, Texas; to acquire 100 percent
of the voting shares of Caldwell Bancshares, Incorporated, Caldwell,
Texas, and thereby indirectly acquire Caldwell Bancshares of Delaware,
Inc., Wilmington, Delaware, and Caldwell National Bank, Caldwell,
Texas.
3. La Plata Bancshares, Inc., Hereford, Texas, and La Plata
Delaware Bancshares, Inc., Dover, Delaware; to become a bank holding
company by acquiring 100 percent of the voting shares of First National
Bank of Hereford, Hereford, Texas.
Board of Governors of the Federal Reserve System, January 5,
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-469 Filed 1-8-99; 8:45 am]
BILLING CODE 6210-01-F