[Federal Register Volume 63, Number 183 (Tuesday, September 22, 1998)]
[Notices]
[Pages 50572-50573]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-25253]


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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 October 16, 1998.
    A. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. Regions Financial Corporation, Birmingham, Alabama; to merge 
with Saint James Bancorporation, Lutcher, Louisiana, and thereby 
indirectly acquire Saint James Bank and Trust Company, Lutcher, 
Louisiana.
    2. Regions Financial Corporation, Birmingham, Alabama; to merge 
with Bullsboro Bancshares, Inc., Newnan, Georgia, and thereby 
indirectly acquire The Bank of Newnan, Newnan, Georgia.
    3. Regions Financial Corporation, Birmingham, Alabama; to merge 
with VB&T Bancshares Corp., Valdosta,

[[Page 50573]]

Georgia, and thereby indirectly acquire Valdosta Bank and Trust, 
Valdosta, Georgia.
    4. Robinson Bancshares, Inc., Lenox, Georgia; to become a bank 
holding company by acquiring 100 percent of the voting shares of Bank 
of Lenox, Lenox, Georgia.
    B. Federal Reserve Bank of Kansas City (D. Michael Manies, 
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
64198-0001:
    1. Bugbee Family Limited Partnership, Quinter, Kansas; to become a 
bank holding company by acquiring 56.35 percent of the voting shares of 
Quinter Insurance, Inc., Quinter, Kansas, and thereby indirectly 
acquire First National Bank, Quinter, Kansas.
    2. Central Bancshares, Inc., Cambridge, Nebraska; to acquire 100 
percent of the voting shares of First Central Bank McCook, NA, McCook, 
Nebraska.
    C. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. First Financial Bankshares, Inc., Abilene, Texas; to acquire 100 
percent of the voting shares of Cleburne State Bank, Cleburne, Texas.
    D. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager 
of Analytical Support, Consumer Regulation Group) 101 Market Street, 
San Francisco, California 94105-1579:
    1. Heritage Commerce Corp., San Jose, California; to acquire 100 
percent of the voting shares of Heritage Bank East Bay (in 
organization), Freemont, California.

    Board of Governors of the Federal Reserve System, September 16, 
1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-25253 Filed 9-21-98; 8:45 am]
BILLING CODE 6210-01-F