97-18719. Formations of, Acquisitions by, and Mergers of Bank Holding Companies  

  • [Federal Register Volume 62, Number 136 (Wednesday, July 16, 1997)]
    [Notices]
    [Page 38091]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 97-18719]
    
    
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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. 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. 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 August 11, 1997.
        A. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 
    104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
        1. Hibernia Corporation, New Orleans, Louisiana; to merge with 
    Unicorp Bancshares-Texas Inc., Orange, Texas, and thereby indirectly 
    acquire OrangeBank, Orange, Texas.
        B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
    President) 411 Locust Street, St. Louis, Missouri 63102-2034:
        1. Cabot Bankshares, Inc., Cabot, Arkansas; to acquire 7.7 percent 
    of the voting shares of The Capital Bank, Little Rock, Arkansas.
        C. Federal Reserve Bank of Kansas City (D. Michael Manies, 
    Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
    64198-0001:
        1. Southwestern Bancshares, Inc., Oklahoma City, Oklahoma; to 
    become a bank holding company by acquiring 100 percent of the voting 
    shares of Southwestern Bank & Trust Company, Oklahoma City, Oklahoma.
    
        Board of Governors of the Federal Reserve System, July 11, 1997.
    Jennifer J. Johnson,
    Deputy Secretary of the Board.
    [FR Doc. 97-18719 Filed 7-15-97; 8:45 am]
    BILLING CODE 6210-01-F
    
    
    

Document Information

Published:
07/16/1997
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
97-18719
Pages:
38091-38091 (1 pages)
PDF File:
97-18719.pdf