[Federal Register Volume 61, Number 40 (Wednesday, February 28, 1996)]
[Notices]
[Pages 7518-7519]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-4447]
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FEDERAL RESERVE SYSTEM
First Citizens Bancorp, et al.; Formations of; Acquisitions by;
and Mergers of Bank Holding Companies
The companies listed in this notice have applied for the Board's
approval under section 3 of the Bank Holding Company Act (12 U.S.C.
1842) and Sec. 225.14 of the Board's Regulation Y (12 CFR 225.14) to
become a bank holding company or to acquire a bank or bank holding
company and their subsidiaries. The factors that are considered in
acting on the applications are set forth in section 3(c) of the Act (12
U.S.C. 1842(c)).
Each application is available for immediate inspection at the
Federal
[[Page 7519]]
Reserve Bank indicated. Once the application has been accepted for
processing, it will also be available for inspection at the offices of
the Board of Governors. Interested persons may express their views in
writing to the Reserve Bank or to the offices of the Board of
Governors. Any comment on an application that requests a hearing must
include a statement of why a written presentation would not suffice in
lieu of a hearing, identifying specifically any questions of fact that
are in dispute and summarizing the evidence that would be presented at
a hearing.
Unless otherwise noted, comments regarding each of these
applications must be received not later than March 22, 1996.
A. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President)
104 Marietta Street, N.W., Atlanta, Georgia 30303:
1. First Citizens Bancorp, Cleveland, Tennessee; to acquire 100
percent of the voting shares of The Home Bank of Tennessee, Maryville,
Tennessee (in organization).
B. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice
President) 925 Grand Avenue, Kansas City, Missouri 64198:
1. Aspen Bancshares, Inc., Aspen, Colorado; to acquire 100 percent
of the voting shares of Val Cor Bancorporation, Inc., Cortez, Colorado,
and thereby indirectly acquire Valley National Bank of Cortez, Cortez,
Colorado.
2. CB Holding Company, Edmond, Oklahoma; to become a bank holding
company by acquiring up to 80 percent of the voting shares of P.N.B.
Financial Corporation, Kingfisher, Oklahoma, parent of Peoples National
Bank of Kingfisher, Kingfisher, Oklahoma, and First Bank of Hennessey,
Hennessey, Oklahoma, and at least 66.9 percent of the voting shares of
City Bank, Weatherford, Oklahoma.
C. Federal Reserve Bank of Dallas (Genie D. Short, Vice President)
2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Bastrop Bancshares, Inc., Bastrop, Texas; to become a bank
holding company by acquiring 100 percent of the voting shares of
Bastrop Holdings, Inc., Wilmington, Delaware, and thereby indirectly
acquire First National Bank of Bastrop, Bastrop, Texas.
In connection with this application, Bastrop Holdings, Inc.,
Wilmington, Delaware, also has applied to become a bank holding company
by acquiring 100 percent of the voting shares of First National Bank of
Bastrop, Bastrop, Texas.
2. The Caddo Financial Corporation, Caddo Mills, Texas; to become a
bank holding company by acquiring 100 percent of the voting shares of
The State National Bank of Caddo Mills, Caddo Mills, Texas.
3. First National Monahans Bancshares, Inc., Monahans, Texas; to
become a bank holding company by acquiring 100 percent of the voting
shares of Monahans Delaware Financial Corporation, Dover, Delaware, and
thereby indirectly acquire First National Bank of Monahans, Monahans,
Texas.
In connection with this application, Monahans Delaware Financial
Corporation, Dover, Delaware; also has applied to become a bank holding
company by acquiring 100 percent of the voting shares of First National
Bank of Monahans, Monahans, Texas.
4. Star Bancshares, Inc., Austin, Texas; to become a bank holding
company by acquiring 100 percent of the voting shares of Star
Bancshares of Nevada, Inc., Carson City, Nevada, and thereby indirectly
acquire First State Bank, Austin, Texas.
In connection with this application, Star Bancshares of Nevada,
Inc., Carson City, Nevada; also has applied to become a bank holding
company by acquiring 100 percent of the voting shares of First State
Bank, Austin, Texas.
Board of Governors of the Federal Reserve System, February 22,
1996.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 96-4447 Filed 2-27-96; 8:45 am]
BILLING CODE 6210-01-F