[Federal Register Volume 62, Number 57 (Tuesday, March 25, 1997)]
[Notices]
[Page 14146]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-7526]
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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. 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 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 April 21, 1997.
A. Federal Reserve Bank of New York (Christopher J. McCurdy, Senior
Vice President) 33 Liberty Street, New York, New York 10045-0001:
1. BanPonce Corporation, and Poplar International Bank, Inc., both
of Hato Rey, Puerto Rico; to acquire 100 percent of the voting shares
of National Bancorp, Inc., Streamwood, Illinois, and thereby indirectly
acquire AmericanMidwest Bank and Trust, Melrose Park, Illinois.
B. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President)
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
1. PN Holdings, Inc., Ann Arbor, Michigan; to become a bank holding
company by acquiring 100 percent of the voting shares of Pelican
National Bank, Naples, Florida (in organization).
In connection with this application, Applicant also has applied to
acquire Washtenaw Mortgage Company, Ann Arbor, Michigan, and thereby
engage in making, acquiring, or servicing loans, or other extensions of
credit, pursuant to Sec. 225.25(b)(1)(iii) of the Board's Regulation
Y.
C. Federal Reserve Bank of Chicago (James A. Bluemle, Vice
President) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
1. Parkway Bancorp, Inc., Harwood Heights, Illinois, and Parkway
Acquisition Corporation, Harwood Heights, Illinois; to acquire 100
percent of the voting shares of Jefferson Holding Corp., Chicago,
Illinois, and thereby indirectly acquire Jefferson State Bank, Chicago,
Illinois.
D. Federal Reserve Bank of Dallas (Genie D. Short, Vice President)
2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Concordia Capital Corporation, Vidalia, Louisiana; to become a
bank holding company by acquiring 100 percent of the voting shares of
Concordia Bank & Trust Company, Vidalia, Louisiana.
Board of Governors of the Federal Reserve System, March 20,
1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-7526 Filed 3-24-97; 8:45 am]
BILLING CODE 6210-01-F
