[Federal Register Volume 59, Number 156 (Monday, August 15, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-19873]


[[Page Unknown]]

[Federal Register: August 15, 1994]


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FEDERAL RESERVE SYSTEM
 

 Pikeville National Corporation, 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 September 8, 1994.
    A. Federal Reserve Bank of Cleveland (John J. Wixted, Jr., Vice 
President) 1455 East Sixth Street, Cleveland, Ohio 44101:
    1. Pikeville National Corporation, Pikeville, Kentucky; to acquire 
100 percent of the voting shares of Community Bank of Lexington, Inc., 
Lexington, Kentucky.
    B. Federal Reserve Bank of Richmond (Lloyd W. Bostian, Jr., Senior 
Vice President) 701 East Byrd Street, Richmond, Virginia 23261:
    1. NationsBank Corporation, Charlotte, North Carolina; to merge 
with RHNB Corporation, Rock Hill, South Carolina, and thereby 
indirectly acquire Rock Hill National Bank, Rock Hill South Carolina.
    C. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. MBT Corp., Forest City, Iowa; to become a bank holding company 
by acquiring 100 percent of the voting shares of Manufacturers Bank and 
Trust Company, Forest City, Iowa.
    D. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166:
    1. Community First Financial Group, Inc., English, Indiana; to 
acquire at least 38.66 percent of the voting shares of Peninsula 
National Bank, Rolling Hills Estates, California.
    2. Union Planters Corporation, Memphis, Tennessee; to acquire 100 
percent of the voting shares of Mid South Bancshares, Inc., Paragould, 
Arkansas, and thereby indirectly acquire Security Bank, Paragould, 
Arkansas, and Farmers and Merchants Bank, Reyno, Arkansas.
    E. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. First Community Bancorp. Inc., Glasgow, Montana; to become a 
bank holding company by acquiring not less than 90 percent of the 
voting shares of First Community Bank, Glasgow, Montana.
    2. Pequot Area Bancorporation, Inc., Pequot Lakes, Minnesota; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of Pequot Lakes State Bank, Pequot Lakes, Minnesota.

    Board of Governors of the Federal Reserve System, August 9, 
1994.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 94-19873 Filed 8-12-94; 8:45 am]
BILLING CODE 6210-01-F