97-30157. Formations of, Acquisitions by, and Mergers of Bank Holding Companies  

  • [Federal Register Volume 62, Number 222 (Tuesday, November 18, 1997)]
    [Notices]
    [Pages 61506-61507]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 97-30157]
    
    
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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 December 10, 1997.
    
    [[Page 61507]]
    
        A. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant 
    Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
        1. Morgantown Bancshares, Inc., Morgantown, West Virginia; to 
    become a bank holding company by acquiring 100 percent of the voting 
    shares of Citizens Bank of Morgantown, Morgantown, West Virginia.
        B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
    President) 411 Locust Street, St. Louis, Missouri 63102-2034:
        1. Rockhold BanCorp., Kirksville, Missouri; to become a bank 
    holding company by acquiring 100 percent of the voting shares of Bank 
    of Kirksville, Kirksville, Missouri.
        2. Unity Bancshares, L.L.C., St. Louis, Missouri; to become a bank 
    holding company by acquiring 54.3 percent of the voting shares of St. 
    Johns Bancshares, Inc., St. Louis, Missouri, and thereby indirectly 
    acquire St. Johns Bank and Trust Company, St. Louis, Missouri.
        C. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
    2200 North Pearl Street, Dallas, Texas 75201-2272:
        1. Texas Financial Bancorporation, Inc., Minneapolis, Minnesota; to 
    acquire 86.49 percent of the voting shares of Community Bank of 
    Arizona, Wickenburg, Arizona.
        2. Texas Financial Bancorporation, Inc., Minneapolis, Minnesota; to 
    acquire 100 percent of Conrad Company, Minneapolis, Minnesota, which 
    owns 98.84 percent of the voting shares of The Bank of Santa Fe, Santa 
    Fe, New Mexico, and 100 percent of the voting shares of Farmers State 
    Bank of Montana, Conrad, Montana, and 36.60 percent of the voting 
    shares of National Mercantile Bancorp, Los Angeles, California, which 
    owns 100 percent of the voting shares of Mercantile National Bank, Los 
    Angeles, California.
        D. Federal Reserve Bank of San Francisco (Pat Marshall, Manager of 
    Analytical Support, Consumer Regulation Group) 101 Market Street, San 
    Francisco, California 94105-1579:
        1. Urban Bank, Makati City, Philippines; to become a bank holding 
    company by acquiring 100 percent of the voting shares of Redwood 
    Bancorp, San Francisco, California, and thereby indirectly acquire 
    Redwood Bank, San Francisco, California.
    
        Board of Governors of the Federal Reserve System, November 12, 
    1997.
    Jennifer J. Johnson,
    Deputy Secretary of the Board.
    [FR Doc. 97-30157 Filed 11-17-97; 8:45 am]
    BILLING CODE 6210-01-F
    
    
    

Document Information

Published:
11/18/1997
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
97-30157
Pages:
61506-61507 (2 pages)
PDF File:
97-30157.pdf