98-28286. Formations of, Acquisitions by, and Mergers of Bank Holding Companies  

  • [Federal Register Volume 63, Number 204 (Thursday, October 22, 1998)]
    [Notices]
    [Pages 56648-56649]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-28286]
    
    
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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 November 16, 1998.
        A. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 
    104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
        1. Jacksonville Bancorp, Inc., Jacksonville, Florida; to become a 
    bank holding company by acquiring The Jacksonville Bank, Jacksonville, 
    Florida (in organization).
        2. Red River Bancshares, Inc., Alexandria, Louisiana; to become a 
    bank holding company by acquiring 100 percent of the voting shares of 
    Red River Bank, Alexandria, Louisiana.
        B. Federal Reserve Bank of Chicago (Philip Jackson, Applications 
    Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
        1. Northpointe Bancshares, Inc., Grand Rapids Township, Michigan; 
    to become a holding by acquiring 100 percent of the voting shares 
    Northpointe Bank, Grand Rapids Township, Michigan.
        C. Federal Reserve Bank of Minneapolis (JoAnne F. Lewellen, 
    Assistant Vice President) 90 Hennepin Avenue, P.O. Box 291, 
    Minneapolis, Minnesota 55480-0291:
        1. Marquette Bancshares, Inc., Minneapolis, Minnesota; to acquire 
    100 percent for the voting shares of C.A.S., Corporation, Minneapolis, 
    Minnesota, and thereby indirectly acquire Smith Trust & Savings Bank, 
    Morrison, Illinois; Farmers and Mechanics Bank, Galesburg, Illinois; 
    Oelwein Bancorporation, Minneapolis, Minnesota; and thereby indirectly 
    acquire Lakeside Credit Co., Inc., Minneapolis, Minnesota; Iowa State 
    Savings Bank, Clinton, Iowa; First Trust & Savings Bank, Cedar Rapids, 
    Iowa, and The First National Bank of Oelwein, Oelwein, Iowa; Wisconsin 
    Financial Bancorporation, Inc., Minneapolis, Minnesota, and thereby 
    indirectly acquire First National Bank and Trust Co. of Baraboo, 
    Baraboo, Wisconsin; and The Bank of Edgar, Edgar, Wisconsin.
        D. Federal Reserve Bank of Kansas City (D. Michael Manies, 
    Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
    64198-0001:
        1. Lamar Trust Bancshares, Inc., Lamar, Missouri; to acquire 10 
    percent of the voting shares of University National Bancshares, Inc., 
    Pittsburg, Kansas; and thereby indirectly acquire University National 
    Bank, Pittsburg, Kansas, a de novo bank in organization.
        2. University National Bancshares, Inc., Pittsburg, Kansas; to 
    become a bank
    
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    holding company by acquiring 100 percent of the voting shares of 
    University National Bank, Pittsburg, Kansas, a de novo bank in 
    organization.
        E. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
    President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
        1. South Plains Financial, Inc., Lubbock, Texas; to acquire 100 
    percent of the voting shares of West Texas National, Bancshares, Inc., 
    Lockney, Texas, and thereby indirectly acquire Lockney Holding Company, 
    Inc., Wilmington, Delaware; First National Bank, Lockney, Texas; and 
    First State Bank, Silverton, Texas.
        2. Texas Country Bancshares, Inc., Brady, Texas, and TCB Delaware, 
    Inc., Dover, Delaware; to acquire 100 percent of the voting shares of 
    Knox City Bancshares, Inc., Knox City, Texas, and thereby indirectly 
    acquire Citizens Bank, Knox City, Texas.
    
        Board of Governors of the Federal Reserve System, October 16, 
    1998.
    Robert deV. Frierson,
    Associate Secretary of the Board.
    [FR Doc. 98-28286 Filed 10-21-98; 8:45 am]
    BILLING CODE 6210-01-P
    
    
    

Document Information

Published:
10/22/1998
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
98-28286
Pages:
56648-56649 (2 pages)
PDF File:
98-28286.pdf