[Federal Register Volume 60, Number 93 (Monday, May 15, 1995)]
[Notices]
[Pages 25917-25918]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-11847]



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FEDERAL RESERVE SYSTEM

Andover Bancorp, 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 June 8, 1995.
    A. Federal Reserve Bank of Boston (Robert M. Brady, Vice President) 
600 Atlantic Avenue, Boston, Massachusetts 02106:
    1. Andover Bancorp, Inc., Andover, Massachusetts; to acquire 100 
percent of voting shares of Finest Financial Corporation, Pelham, New 
Hampshire, and thereby indirectly acquire Pelham [[Page 25918]] Bank 
and Trust Company, Pelham, New Hampshire.
    B. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. Milford Bancorporation, Milford, Iowa; to merge with Ocheyedan 
Bancorporation, Ocheyedan, Iowa, and thereby indirectly acquire 
Ocheyedan Savings Bank, Ocheyedan, Iowa.
    2. Panhandle Aviation, Inc., Clarinda, Iowa; to acquire 100 percent 
of the voting shares of Essex Iowa Bancorporation, Inc., Essex, Iowa, 
and thereby indirectly acquire First National Bank of Essex, Essex, 
Iowa.
    C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166:
    1. First Bank, Inc., Clayton, Missouri; to acquire at least 70 
percent of the voting shares of QCB Bancorp, Long Beach, California, 
and thereby indirectly acquire Queen City Bank, National Association, 
Long Beach, California.
    2. General Bancshares, Inc., Little Rock, Arkansas; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
Sparkman Bancshares, Inc., Sparkman, Arkansas, and thereby indirectly 
acquire 100 percent of the voting shares of Merchants & Planters Bank, 
Sparkman, Arkansas.
    3. Poplar Bluff Banc Company, Poplar Bluff, Missouri; to become a 
bank holding company by acquiring 100 percent of Poplar Bluff 
Bancshares, Inc., Poplar Bluff, Missouri, and thereby indirectly 
acquire 87.2 percent of the voting shares of First Midwest Bank of 
Poplar Bluff, Poplar Bluff, Missouri. Immediately upon consummation, 
Poplar Bluff Bancshares, Inc. will be merged with and into Poplar Bluff 
Banc Company, and First Midwest Bank of Poplar Bluff will become a 
direct subsidiary of Poplar Bluff Banc Company.

    Board of Governors of the Federal Reserve System, May 9, 1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-11847 Filed 5-12-95; 8:45 am]
BILLING CODE 6210-01-F