[Federal Register Volume 62, Number 57 (Tuesday, March 25, 1997)]
[Notices]
[Page 14146]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-7526]


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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. 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 April 21, 1997.
    A. Federal Reserve Bank of New York (Christopher J. McCurdy, Senior 
Vice President) 33 Liberty Street, New York, New York 10045-0001:
    1. BanPonce Corporation, and Poplar International Bank, Inc., both 
of Hato Rey, Puerto Rico; to acquire 100 percent of the voting shares 
of National Bancorp, Inc., Streamwood, Illinois, and thereby indirectly 
acquire AmericanMidwest Bank and Trust, Melrose Park, Illinois.
    B. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. PN Holdings, Inc., Ann Arbor, Michigan; to become a bank holding 
company by acquiring 100 percent of the voting shares of Pelican 
National Bank, Naples, Florida (in organization).
    In connection with this application, Applicant also has applied to 
acquire Washtenaw Mortgage Company, Ann Arbor, Michigan, and thereby 
engage in making, acquiring, or servicing loans, or other extensions of 
credit, pursuant to Sec.  225.25(b)(1)(iii) of the Board's Regulation 
Y.
    C. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
    1. Parkway Bancorp, Inc., Harwood Heights, Illinois, and Parkway 
Acquisition Corporation, Harwood Heights, Illinois; to acquire 100 
percent of the voting shares of Jefferson Holding Corp., Chicago, 
Illinois, and thereby indirectly acquire Jefferson State Bank, Chicago, 
Illinois.
    D. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Concordia Capital Corporation, Vidalia, Louisiana; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
Concordia Bank & Trust Company, Vidalia, Louisiana.

    Board of Governors of the Federal Reserve System, March 20, 
1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-7526 Filed 3-24-97; 8:45 am]
BILLING CODE 6210-01-F