02-8012. 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 (12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will be conducted throughout the United States. Additional information on all bank holding companies may be obtained from the National Information Center website at www.ffiec.gov/​nic/​.

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 26, 2002.

A. Federal Reserve Bank of Chicago (Phillip Jackson, Applications Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1414:

1. Nicolet Bankshares, Inc., Green Bay, Wisconsin; to become a bank holding company by acquiring 100 percent of the voting shares of Nicolet National Bank, Green Bay, Wisconsin.

B. Federal Reserve Bank of Minneapolis (Julie Stackhouse, Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:

1. Peoples State Bancorp, Inc., Munising, Michigan; to become a bank holding company by acquiring 100 percent of the voting shares of Peoples State Bank of Munising, Munising, Michigan.

2. State Bancshares of Ulen, Inc., Dilworth, Minnesota; to acquire 100 percent of the voting shares of K Roberts, Inc., Hendrum, Minnesota, and thereby indirectly acquire voting shares of Viking Bank, Hendrum, Minnesota.

C. Federal Reserve Bank of Kansas City (Susan Zubradt, Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 64198-0001:

1. Lauritzen Corporation, Omaha, Nebraska; to acquire up to 0.9 percent of the voting shares of First National of Nebraska, Inc., Omaha, Nebraska, and thereby indirectly acquire voting shares of First National Bank of Omaha, Omaha, Nebraska; First National Bank, North Platte, Nebraska; Platte Valley State Bank & Trust Co., Kearney, Nebraska; Fremont National Bank & Trust Co., Fremont, Nebraska; First National Bank & Trust Company, Columbus, Nebraska, First National Bank, Overland Park, Kansas; First National Bank South Dakota, Yankton, South Dakota; First National of Colorado, Inc., Fort Collins, Colorado; and thereby indirectly acquire voting shares of First National Bank, Fort Collins, Colorado; Union Colony Bank, Greeley, Colorado; First National Bank of Colorado, Boulder, Colorado; First National of Illinois, Inc., Omaha, Nebraska; and thereby indirectly acquire voting shares of Castle Bank, N.A., DeKalb, Illinois.

Board of Governors of the Federal Reserve System, March 28, 2002.

Robert deV. Frierson,

Deputy Secretary of the Board.