[Federal Register Volume 63, Number 218 (Thursday, November 12, 1998)]
[Notices]
[Pages 63317-63318]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-30190]


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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 7, 1998.
    A. Federal Reserve Bank of Boston (Richard Walker, Community 
Affairs Officer) 600 Atlantic Avenue, Boston, Massachusetts 02106-2204:
    1. CCBT Bancorp, Inc., Hyannis, Massachusetts; to become a bank 
holding company by acquiring 100 percent of the voting shares of Cape 
Code Bank and Trust Company, Hyannis, Massachusetts.
    B. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior 
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
1521:
    1. First Perry Bancorp, Inc., Marysville, Pennsylvania; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
The First National Bank of Marysville, Marysville, Pennsylvania.
    C. Federal Reserve Bank of Cleveland (Paul Kaboth, Banking 
Supervisor) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
    1. Mountain Bancorp, Inc., West Liberty, Kentucky; to acquire 100 
percent of the voting shares of Citizens Bank, Grayson, Kentucky.
    D. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. The First Bancshares, Inc., Hattiesburg, Mississippi; to acquire 
100

[[Page 63318]]

percent of the voting shares of The First National Bank of the Pine 
Belt, Laurel, Mississippi (in organization).
    E. Federal Reserve Bank of Chicago (Philip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
    1. P&C Investments, Inc., Muscatine, Iowa; to become a bank holding 
company by acquiring 20.59 percent of the voting shares of Peoples 
National Corporation, Columbus Junction, Iowa, and thereby indirectly 
acquire Community Bank, Muscatine, Iowa.

    Board of Governors of the Federal Reserve System, November 5, 
1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-30190 Filed 11-10-98; 8:45 am]
BILLING CODE 6210-01-F