[Federal Register Volume 66, Number 232 (Monday, December 3, 2001)]
[Notices]
[Page 60213]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-29845]


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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. 
Additional information on all bank holding companies may be obtained 
from the National Information Center website at www.ffiec.gov/nic/.
    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 27, 2001.
    A. Federal Reserve Bank of Boston (Richard Walker, Community 
Affairs Officer) 600 Atlantic Avenue, Boston, Massachusetts 02106-2204:
    1. Chittenden Corporation, Burlington, Vermont; to acquire 100 
percent of the voting shares of, and thereby merge with Ocean National 
Corporation, Kennebunk, Maine, and thereby indirectly acquire Ocean 
National Bank, Kennebunk, Maine.
    B. Federal Reserve Bank of Atlanta (Cynthia C. Goodwin, Vice 
President) 1000 Peachtree Street, N.E., Atlanta, Georgia 30309-4470:
    1. F.N.B. Corporation, Naples, Florida; to acquire up to 20 percent 
of the voting shares of Sun Bancorp, Inc., Selinsgrove, Pennsylvania, 
and thereby indirectly acquire voting shares of Sun Bank, Selinsgrove, 
Pennsylvania.
    C. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Jane Austin Chapman Limited Partnership, L.P., Jacksonville, 
Texas; to become a bank holding company by directly acquiring 14.8 
percent of the voting shares of Austin Bancorp, Inc., Jacksonville, 
Texas; and thereby indirectly acquire voting shares of TEB, Inc., 
Shreveport, Louisiana; and Austin Bank, Texas National Association, 
Jacksonville, Texas; and directly acquire 8.1 percent of the voting 
shares of Capital Bancorp, Inc., Jacinto City, Texas, and thereby 
indirectly acquire voting shares of JACI, Inc., Wilmington, Delaware, 
and Capital Bank, Jacinto City, Texas; and directly acquire 9.9 percent 
of the voting shares of Frankston Bancorp, Inc., Frankston, Texas, and 
thereby indirectly acquire voting shares of FDB, Inc., Dover, Delaware, 
and First State Bank, Frankston, Texas; and directly acquire 5.9 
percent of the voting shares of First State Bank, Athens, Texas.

    Board of Governors of the Federal Reserve System, November 27, 
2001.
Margaret McCloskey Shanks,
Assistant Secretary of the Board.
[FR Doc. 01-29845 Filed 11-30-01; 8:45 am]
BILLING CODE 6210-01-S