97-7903. Formations of, Acquisitions by, and Mergers of Bank Holding Companies  

  • [Federal Register Volume 62, Number 60 (Friday, March 28, 1997)]
    [Notices]
    [Page 14910]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 97-7903]
    
    
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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 22, 1997.
        A. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior 
    Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
    1521:
        1. Covenant Bancorp, Inc., Haddonfield, New Jersey; to become a 
    bank holding company by acquiring 100 percent of the voting shares of 
    Covenant Bank, Haddonfield, New Jersey.
        B. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
    President) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
        1. AMCORE Financial, Inc., Rockford, Illinois; to acquire Country 
    Bancshares Corporation, Mount Horeb, Wisconsin, and Belleville 
    Bancshares Corporation, Belleville, Wisconsin, and thereby indirectly 
    acquire State Bank of Mount Horeb, Mount Horeb, Wisconsin; Montello 
    State Bank, Montello, Wisconsin; State Bank of Argyle, Argyle, 
    Wisconsin; Citizens State Bank, Clinton, Wisconsin; and Belleville 
    State Bank, Belleville, Wisconsin.
        C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
    President) 411 Locust Street, St. Louis, Missouri 63102-2034:
        1. Kentucky Home Bancshares, Inc., Bardstown, Kentucky; to become a 
    bank holding company by acquiring 100 percent of the voting shares of 
    Kentucky Home Bank, Bardstown, Kentucky (a proposed de novo bank).
        2. First Commercial Corporation, Little Rock, Arkansas; to merge 
    with First Central Corporation, Searcy, Arkansas, and thereby 
    indirectly acquire First National Bank, Searcy, Arkansas.
        D. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
    2200 North Pearl Street, Dallas, Texas 75201-2272:
        1. Medina Bankshares, Inc., D'Hanis, Texas; to become a bank 
    holding company by acquiring 100 percent of the votings ahres of Medina 
    Financial, Inc., Carson City, Nevada, and thereby indirectly acquire 
    D'Hanis State Bank, D'Hanis, Texas.
        In connection with this application, Medina Financial, Inc., Carson 
    City, Nevada, has also applied to become a bank holding company.
    
        Board of Governors of the Federal Reserve System, March 24, 
    1997.
    Jennifer J. Johnson,
    Deputy Secretary of the Board.
    [FR Doc. 97-7903 Filed 3-27-97; 8:45 am]
    BILLING CODE 6210-01-F
    
    
    

Document Information

Published:
03/28/1997
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
97-7903
Pages:
14910-14910 (1 pages)
PDF File:
97-7903.pdf