96-4447. First Citizens Bancorp, et al.; Formations of; Acquisitions by; and Mergers of Bank Holding Companies  

  • [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]
    
    
    
    =======================================================================
    -----------------------------------------------------------------------
    
    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
    
    

Document Information

Published:
02/28/1996
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
96-4447
Pages:
7518-7519 (2 pages)
PDF File:
96-4447.pdf