02-24851. Formations of, Acquisitions by, and Mergers of Bank Holding Companies  

  • [Federal Register Volume 67, Number 190 (Tuesday, October 1, 2002)]
    [Notices]
    [Pages 61630-61631]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 02-24851]
    
    
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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 25, 2002.
        A. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
    President) 411 Locust Street, St. Louis, Missouri 63166-2034:
        1. Farmers Bancorp Inc., Blytheville, Arkansas; to acquire 100 
    percent of the voting shares of First State Bank, Kenton, Tennessee
        B. Federal Reserve Bank of Minneapolis (Julie Stackhouse, Vice 
    President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:
        1. Community Financial Corporation, Owatonna, Minnesota; to become 
    a bank holding company by acquiring 100 percent of the voting shares of 
    Community Bank Owatonna, Owatonna, Minnesota, a de novo bank.
        C. Federal Reserve Bank of Kansas City (Susan Zubradt, Assistant 
    Vice President) 925 Grand Avenue, Kansas City, Missouri 64198-0001:
    
    [[Page 61631]]
    
        1. Davis Bancorporation, Inc., Davis, Oklahoma; to acquire an 
    additional 5 percent, for a total of 22.05 percent, of the voting 
    shares of Century Capital Financial, Inc., Kilgore, Texas, and thereby 
    indirectly acquire additional voting shares of City National Bank of 
    Kilgore, Kilgore, Texas, and Century Capital Financial-Delaware, Inc., 
    Wilmington, Delaware.
        In connection with this application, Applicant also has applied to 
    acquire FBC Financial Corporation, Claremore, Oklahoma, and thereby 
    engage in the operation of a savings association.
        2. Nodaway Valley Bancshares, Inc., Maryville, Missouri; to acquire 
    100 percent of the voting shares of Buchanan County Bancshares, Inc., 
    and thereby indirectly acquire voting shares of Heritage Bank of St. 
    Joseph, Saint Joseph, Missouri.
    
        Board of Governors of the Federal Reserve System, September 25, 
    2002.
    Jennifer J. Johnson,
    Secretary of the Board.
    [FR Doc. 02-24851 Filed 9-30-02; 8:45 am]
    BILLING CODE 6210-01-S
    
    
    

Document Information

Published:
10/01/2002
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
02-24851
Pages:
61630-61631 (2 pages)
PDF File:
02-24851.pdf