[Federal Register Volume 64, Number 249 (Wednesday, December 29, 1999)]
[Notices]
[Page 73049]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-33725]


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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 (12 U.S.C. 1843). 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 January 21, 2000.
    A. Federal Reserve Bank of Atlanta (Cynthia Goodwin, Vice 
President) 104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. Centerstate Banks of Florida, Inc., Winter Haven, Florida; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of First National Bank of Osceola County, Kissimmee, Florida, 
and thereby indirectly acquire Community National Bank of Pasco County, 
Zephyrhills, Florida, and First National Bank of Polk County, Winter 
Haven, Florida.
    2. Century South Banks, Inc., Dahlonega, Georgia; to merge with 
Lanier Bankshares, Inc., Gainesville, Georgia, and thereby indirectly 
acquire Lanier National Bank, Gainesville, Georgia.
    B. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager 
of Analytical Support, Consumer Regulation Group) 101 Market Street, 
San Francisco, California 94105-1579:
    1. PremierWest Bancorp, Medford, Oregon; to become a bank holding 
company by acquiring 100 percent of the voting shares of Bank of 
Southern Oregon, Medford, Oregon, and 100 percent of the voting shares 
of United Bancorp, Roseburg, Oregon, and thereby indirectly acquire 
Douglas National Bank, Roseburg, Oregon.
    In connection with this application, Applicant has also applied to 
acquire DNB Mortgage Company, Roseburg, Oregon, and thereby engage in 
making, acquiring, brokering, or servicing loans or other extensions of 
credit, pursuant to Sec.  225.28(b)(1) of Regulation Y.

    Board of Governors of the Federal Reserve System, December 22, 
1999.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 99-33725 Filed 12-28-99; 8:45 am]
BILLING CODE 6210-01-F