[Federal Register Volume 59, Number 56 (Wednesday, March 23, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-6779]


[[Page Unknown]]

[Federal Register: March 23, 1994]


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FEDERAL RESERVE SYSTEM
 

Citco Community Bancshares, Inc., et al.; Formations of; 
Acquisitions by; and Mergers of Bank Holding Companies

    The companies listed in this notice have applied for the Board's 
approval under section 3 of the Bank Holding Company Act (12 U.S.C. 
1842) and Sec.  225.14 of the Board's Regulation Y (12 CFR 225.14) to 
become a bank holding company or to acquire a bank or bank holding 
company. The factors that are considered in acting on the applications 
are set forth in section 3(c) of the Act (12 U.S.C. 1842(c)).
    Each application is 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 to the Reserve Bank or to the offices of the Board of 
Governors. Any comment on an application that requests a hearing must 
include a statement of why a written presentation would not suffice in 
lieu of a hearing, identifying specifically any questions of fact that 
are in dispute and summarizing the evidence that would be presented at 
a hearing.
    Unless otherwise noted, comments regarding each of these 
applications must be received not later than April 15, 1994.
    A. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303:
    1. Citco Community Bancshares, Inc., Elizabethton, Tennessee; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of Citco Bancshares, Inc., Elizabethton, Tennessee, and thereby 
indirectly acquire Citizens Bank, Elizabethton, Tennessee.
    B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166:
    1. CNB Bancshares, Inc., Evansville, Indiana; to acquire through 
its subsidiary, OCB Acquisition Company, 100 percent of the voting 
shares of Oakland City Bancshares Corp., Oakland City, Indiana, and 
thereby indirectly acquire First Bank & Trust Company of Oakland City, 
Oakland City, Indiana. In connection with this application, OCB 
Acquisition Company, Evansville, Indiana, has applied to become a bank 
holding company by acquiring 100 percent of the voting shares of 
Oakland City Bancshares Corp., Oakland City, Indiana, and thereby 
indirectly acquire First Bank & Trust Company of Oakland City, Oakland 
City, Indiana.
    C. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice 
President) 925 Grand Avenue, Kansas City, Missouri 64198:
    1. Citizens State Bancshares, Inc., Wichita, Kansas; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
Citizens State Bank of Cheney, Cheney, Kansas.
    2. Farmers State Bank of Hardtner ESOP, Hardtner, Kansas; to become 
a bank holding company by acquiring 50 percent of the voting shares of 
B-K Agency, Inc., Hardtner, Kansas, and thereby indirectly acquire The 
Farmers State Bank, Hardtner, Kansas.
    3. First National Bank Shares, Ltd., Great Bend, Kansas; to merge 
with Urban Bancshares, Inc., Kansas City, Missouri, and thereby 
indirectly acquire Missouri Bank & Trust Company of Kansas City, Kansas 
City, Missouri.

    Board of Governors of the Federal Reserve System, March 17, 
1994.
William W. Wiles,
Secretary of the Board.
[FR Doc. 94-6779 Filed 3-22-94; 8:45 am]
BILLING CODE 6210-01-F