[Federal Register Volume 62, Number 222 (Tuesday, November 18, 1997)]
[Notices]
[Pages 61506-61507]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-30157]


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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. The application also will 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 December 10, 1997.

[[Page 61507]]

    A. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant 
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Morgantown Bancshares, Inc., Morgantown, West Virginia; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of Citizens Bank of Morgantown, Morgantown, West Virginia.
    B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
    1. Rockhold BanCorp., Kirksville, Missouri; to become a bank 
holding company by acquiring 100 percent of the voting shares of Bank 
of Kirksville, Kirksville, Missouri.
    2. Unity Bancshares, L.L.C., St. Louis, Missouri; to become a bank 
holding company by acquiring 54.3 percent of the voting shares of St. 
Johns Bancshares, Inc., St. Louis, Missouri, and thereby indirectly 
acquire St. Johns Bank and Trust Company, St. Louis, Missouri.
    C. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Texas Financial Bancorporation, Inc., Minneapolis, Minnesota; to 
acquire 86.49 percent of the voting shares of Community Bank of 
Arizona, Wickenburg, Arizona.
    2. Texas Financial Bancorporation, Inc., Minneapolis, Minnesota; to 
acquire 100 percent of Conrad Company, Minneapolis, Minnesota, which 
owns 98.84 percent of the voting shares of The Bank of Santa Fe, Santa 
Fe, New Mexico, and 100 percent of the voting shares of Farmers State 
Bank of Montana, Conrad, Montana, and 36.60 percent of the voting 
shares of National Mercantile Bancorp, Los Angeles, California, which 
owns 100 percent of the voting shares of Mercantile National Bank, Los 
Angeles, California.
    D. Federal Reserve Bank of San Francisco (Pat Marshall, Manager of 
Analytical Support, Consumer Regulation Group) 101 Market Street, San 
Francisco, California 94105-1579:
    1. Urban Bank, Makati City, Philippines; to become a bank holding 
company by acquiring 100 percent of the voting shares of Redwood 
Bancorp, San Francisco, California, and thereby indirectly acquire 
Redwood Bank, San Francisco, California.

    Board of Governors of the Federal Reserve System, November 12, 
1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-30157 Filed 11-17-97; 8:45 am]
BILLING CODE 6210-01-F