[Federal Register Volume 62, Number 30 (Thursday, February 13, 1997)]
[Notices]
[Pages 6785-6786]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-3544]
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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
[[Page 6786]]
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). 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 March 10, 1997.
A. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
1. Bolivar Bancshares, Inc., Bolivar, Missouri; to become a bank
holding company by acquiring 100 percent of the voting shares of Bank
of Bolivar, Bolivar, Missouri (in organization).
B. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice
President) 925 Grand Avenue, Kansas City, Missouri 64198-0001:
1. BancFirst Corporation, Oklahoma City, Oklahoma; to acquire 40
percent of the voting shares of First Ada Bancshares, Inc., Ada,
Oklahoma, and thereby indirectly acquire First National Bank of Ada,
Ada, Oklahoma. Ccomments regarding this application must be received no
later than February 28, 1997.
2. Mid-America Bankshares, Inc., Baldwin City, Kansas; to become a
bank holding company by acquiring 100 percent of the voting shares of
State Bank of Esbon, Esbon, Kansas.
Board of Governors of the Federal Reserve System, February 7,
1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-3544 Filed 2-12-97; 8:45 am]
BILLING CODE 6210-01-F