[Federal Register Volume 62, Number 107 (Wednesday, June 4, 1997)]
[Notices]
[Pages 30589-30590]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-14476]


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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 June 27, 1997.
    A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior 
Vice President) 33 Liberty Street, New York, New York 10045-0001:
    1. MSB Mutual Holding Company, and MSB Financial Corp., both of 
Wall Township, New Jersey; to become bank holding companies by 
acquiring 100 percent of the voting shares of Manasquan Savings Bank, 
Wall Township, New Jersey.
    B. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. ECSB Holding Company, Inc., Fort Walton Beach, Florida; to merge 
with American National Financial Corporation, Panama City, Florida, and 
thereby indirectly acquire First National Bank Northwest Florida, 
Panama City, Florida.
    C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63102-2034:

[[Page 30590]]

    1. Simmons First National Corporation, Pine Bluff, Arkansas; to 
acquire 100 percent of the voting shares of First Bank of Arkansas, 
Russellville, Arkansas, and thereby indirectly acquire First Bank of 
Arkansas, Searcy, Arkansas.
    D. Federal Reserve Bank of Minneapolis (Karen L. Grandstrand, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480-2171:
    1. State Bank of Hawley Employee Stock Ownership Plan and Trust, 
Hawley, Minnesota; to acquire 32.8 percent of the voting shares of 
Bankshares of Hawley, Inc., Hawley, Minnesota, and thereby indirectly 
acquire State Bank of Hawley, Hawley, Minnesota.
    E. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Moody Bancshares, Inc., Galveston, Texas, and Moody Bank Holding 
Company, Reno, Nevada; each to acquire an additional 0.38 percent, for 
a total of 25.4 percent, of the voting shares of The Moody National 
Bank of Galveston, Galveston, Texas.
    2. New Woodson Bancshares, Inc., Graham, Texas; to become a bank 
holding company by acquiring 100 percent of the voting shares of 
Woodson Bancshares, Inc., Woodson, Texas, and thereby indirectly 
acquire First State Bancorp, Inc., Carson City, Nevada, and First State 
Bank, Graham, Texas.

    Board of Governors of the Federal Reserve System, May 29, 1997.
William W. Wiles,
Secretary of the Board.
[FR Doc. 97-14476 Filed 6-3-97; 8:45 am]
BILLING CODE 6210-01-F