97-14476. Formations of, Acquisitions by, and Mergers of Bank Holding Companies  

  • [Federal Register Volume 62, Number 107 (Wednesday, June 4, 1997)]
    [Notices]
    [Pages 30589-30590]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 97-14476]
    
    
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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 June 27, 1997.
        A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior 
    Vice President) 33 Liberty Street, New York, New York 10045-0001:
        1. MSB Mutual Holding Company, and MSB Financial Corp., both of 
    Wall Township, New Jersey; to become bank holding companies by 
    acquiring 100 percent of the voting shares of Manasquan Savings Bank, 
    Wall Township, New Jersey.
        B. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 
    104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
        1. ECSB Holding Company, Inc., Fort Walton Beach, Florida; to merge 
    with American National Financial Corporation, Panama City, Florida, and 
    thereby indirectly acquire First National Bank Northwest Florida, 
    Panama City, Florida.
        C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
    President) 411 Locust Street, St. Louis, Missouri 63102-2034:
    
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        1. Simmons First National Corporation, Pine Bluff, Arkansas; to 
    acquire 100 percent of the voting shares of First Bank of Arkansas, 
    Russellville, Arkansas, and thereby indirectly acquire First Bank of 
    Arkansas, Searcy, Arkansas.
        D. Federal Reserve Bank of Minneapolis (Karen L. Grandstrand, Vice 
    President) 250 Marquette Avenue, Minneapolis, Minnesota 55480-2171:
        1. State Bank of Hawley Employee Stock Ownership Plan and Trust, 
    Hawley, Minnesota; to acquire 32.8 percent of the voting shares of 
    Bankshares of Hawley, Inc., Hawley, Minnesota, and thereby indirectly 
    acquire State Bank of Hawley, Hawley, Minnesota.
        E. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
    2200 North Pearl Street, Dallas, Texas 75201-2272:
        1. Moody Bancshares, Inc., Galveston, Texas, and Moody Bank Holding 
    Company, Reno, Nevada; each to acquire an additional 0.38 percent, for 
    a total of 25.4 percent, of the voting shares of The Moody National 
    Bank of Galveston, Galveston, Texas.
        2. New Woodson Bancshares, Inc., Graham, Texas; to become a bank 
    holding company by acquiring 100 percent of the voting shares of 
    Woodson Bancshares, Inc., Woodson, Texas, and thereby indirectly 
    acquire First State Bancorp, Inc., Carson City, Nevada, and First State 
    Bank, Graham, Texas.
    
        Board of Governors of the Federal Reserve System, May 29, 1997.
    William W. Wiles,
    Secretary of the Board.
    [FR Doc. 97-14476 Filed 6-3-97; 8:45 am]
    BILLING CODE 6210-01-F
    
    
    

Document Information

Published:
06/04/1997
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
97-14476
Pages:
30589-30590 (2 pages)
PDF File:
97-14476.pdf