[Federal Register Volume 61, Number 181 (Tuesday, September 17, 1996)]
[Notices]
[Pages 48955-48956]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-23731]



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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. 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 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, including whether the acquisition of the nonbanking company can 
``reasonably be expected to produce benefits to the public, such as 
greater convenience, increased competition, or gains in efficiency, 
that outweigh possible adverse effects, such as undue concentration of 
resources, decreased or unfair competition, conflicts of interests, or 
unsound banking practices'' (12 U.S.C.      1843). Any request for a 
hearing must be accompanied by a statement of the reasons a written 
presentation would not suffice in lieu of a hearing, identifying 
specifically any questions of fact that are in dispute, summarizing the 
evidence that would be presented at a hearing, and indicating how the 
party commenting would be aggrieved by approval of the proposal. 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 October 11, 1996.
    A. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303:
    1. Smoky Mountain Bancorp, Inc., Gatlinburg, Tennessee; to acquire 
100 percent of the voting shares of BankFirst, Knoxville, Tennessee.
    2. Upson Bankshares, Inc., Thomaston, Georgia; to become a bank 
holding company by acquiring 100 percent of the voting shares of Bank 
of Upson, Thomaston, Georgia.
    3. Wilson Bank Holding Company, Lebanon, Tennessee; to acquire 50 
percent of the voting shares of Community Bank of Smith County, 
Carthage, Tennessee (in organization).
    B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166:
    1. Union Illinois Company Employee Stock Ownership Trust, Swansea, 
Illinois; to retain an additional 1.90 percent, for a total of 33.10 
percent, of the voting shares of Union Illinois Company, Swansea, 
Illinois, and thereby indirectly retain State Bank of Jerseyville, 
Jerseyville, Illinois, and Union Bank of Illinois, Swansea, Illinois.
    C. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice 
President) 925 Grand Avenue, Kansas City, Missouri 64198:
    1. FirstBank Holding Company of Colorado ESOP, Lakewood, Colorado; 
to acquire 26.7 percent of the voting shares of FirstBank Holding 
Company of Colorado, Lakewood, Colorado, and thereby indirectly acquire 
FirstBank of Arvada, N.A., Arvada, Colorado; FirstBank of Aurora, N.A., 
Aurora, Colorado; FirstBank of Avon, Avon, Colorado; FirstBank of 
Boulder, N.A., Boulder, Colorado; FirstBank of Breckenridge, N.A., 
Breckenridge, Colorado; FirstBank of Douglas County, N.A., Castle Rock, 
Colorado; FirstBank of Colorado Springs, Colorado Springs, Colorado; 
FirstBank of Cherry Creek, N.A., Denver, Colorado; FirstBank of Denver, 
N.A., Denver, Colorado; FirstBank of Longmont, Longmont, Colorado; 
FirstBank of Northern Colorado, Fort Collins, Colorado; FirstBank of 
Tech Center, N.A., Englewood, Colorado; FirstBank of Colorado, N.A., 
Lakewood, Colorado; FirstBank of South Jeffco, Littleton, Colorado; 
FirstBank of Lakewood, N.A, Lakewood, Colorado; First Bank of 
Littleton, N.A., Littleton, Colorado; FirstBank of Arapahoe County, 
N.A., Littleton, Colorado; FirstBank of Silverthorne, N.A., 
Silverthorne, Colorado; FirstBank of Vail, Vail, Colorado; FirstBank 
North, N.A., Westminster, Colorado; FirstBank of Wheat Ridge, N.A., 
Wheat Ridge, Colorado; and FirstBank, N.A., Palm Desert, California.
    2. Nolte Family Limited Partnership, Kenesaw, Nebraska; to become a 
bank holding company by acquiring 35 percent of the voting shares of 
First Kenesaw Company, Kenesaw, Nebraska, and thereby indirectly 
acquire Adams County Bank, Kenesaw, Nebraska.
    In connection with this application, Nolte Family Partnership has 
also applied to engage through First Kenesaw Company, in the sale of 
general insurance in towns less than 5,000 in population, pursuant to 
Sec.  225.25(b)(8)(iii) of the Board's Regulation Y.
    D. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. First Baird Bancshares, Inc., Baird, Texas, First Baird 
Bancshares of Delaware, Inc., Dover, Delaware, Weatherford Bancshares, 
Inc., Weatherford, Texas, and First Weatherford Bancshares, Inc., 
Weatherford, Texas; to acquire 88.81 percent of the voting shares of 
First Munday Bancshares, Inc., Munday,

[[Page 48956]]

Texas, and thereby indirectly acquire First Munday Bancshares of 
Delaware, Inc., Munday, Texas, and First National Bank in Munday, 
Munday, Texas.
    2. Paradigm Bancorporation, Inc., Houston, Texas; to become a bank 
holding company by acquiring 100 percent of the voting shares of 
Paradigm Delaware Bancorporation, Inc., Dover, Delaware, and thereby 
indirectly acquire Woodcreek Bank, Houston, Texas.
    In connection with this application, Paradigm Delaware 
Bancorporation, Inc., Dover, Delaware, has also applied to become a 
bank holding company by acquiring 100 percent of the voting shares of 
Woodcreek Bank, Houston, Texas.
    E. Federal Reserve Bank of San Francisco (Kenneth R. Binning, 
Director, Bank Holding Company) 101 Market Street, San Francisco, 
California 94105:
    1. Humboldt Bancorp, Eureka, California; to acquire 100 percent of 
the voting shares of Humboldt Bank Nevada, Las Vegas, Nevada (in 
organization).

    Board of Governors of the Federal Reserve System, September 11, 
1996.
Jennifer J. Johnson
Deputy Secretary of the Board
[FR Doc. 96-23731 Filed 9-16-96; 8:45 am]
BILLING CODE 6210-01-F