[Federal Register Volume 59, Number 120 (Thursday, June 23, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-15272]


[[Page Unknown]]

[Federal Register: June 23, 1994]


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FEDERAL MARITIME COMMISSION
 

Horizon 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 July 15, 1994.
    A. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303:
    1. Horizon Bancshares, Inc., Pensacola, Florida; to become a bank 
holding company by acquiring 100 percent of the voting shares of 
Horizon Bank of Florida, Pensacola, Florida.
    2. SNB Bancshares, Inc., Macon, Georgia; to become a bank holding 
company by acquiring 100 percent of the voting shares of Security 
National Bank, Macon, Georgia.
    B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166:
    1. Country Bancshares, Inc., Hull, Illinois; to merge with Paloma 
Bancshares, Inc., Paloma, Illinois, and thereby indirectly acquire 
Paloma Exchange Bank, Paloma, Illinois, and First National Bank, 
Blandinsville, Illinois.
    C. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. Commercial Bank of Mott Employee Stock Ownership Plan and Trust, 
Mott, North Dakota; to become a bank holding company by acquiring 82.3 
percent of the voting shares of Commercial Bank of Mott, Mott, North 
Dakota.
    2. Norwest Corporation, Minneapolis, Minnesota; to acquire 100 
percent of the voting shares of Bank of Scottsdale, Scottsdale, 
Arizona.
    D. Federal Reserve Bank of Kansas City (Stephen E. McBride, 
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
64198:
    1. Chester Insurance Agency, Inc., Chester, Nebraska; to merge with 
Rose Creek, Inc., Hubbell, Nebraska, and thereby indirectly acquire 
Hubbell Bank, Hubbell, Nebraska.
    2. F&C Bancorp, Inc., Holden, Missouri; to become a bank holding 
company by acquiring 100 percent of the voting shares of Farmers and 
Commercial bank, Holden, Missouri.
    3. United Bancorporation of Wyoming, Inc., Jackson, Wyoming; to 
acquire 100 percent of the voting shares of Drake-Lyman Bancshares, 
Inc., Sheridan, Wyoming, and thereby indirectly acquire Sheridan 
National Bank, Sheridan, Wyoming.
    E. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Plains Bancshares, Inc., Dover, Delaware; to become a bank 
holding company by acquiring 100 percent of the voting shares of Plains 
State Bank, Plains, Texas.
    2. Plains State Financial Corporation, Plains, Texas; to become a 
bank holding company by acquiring 100 percent of Plains Bancshares, 
Inc., Dover, Delaware, and thereby indirectly acquire Plains State 
Bank, Plains, Texas.

    Board of Governors of the Federal Reserve System, June 17, 1994.
Jennifer J. Johnson,
Associate Secretary of the Board.
[FR Doc. 94-15272 Filed 6-22-94; 8:45 am]
BILLING CODE 6210-01-F