[Federal Register Volume 67, Number 87 (Monday, May 6, 2002)]
[Notices]
[Pages 30384-30385]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-11097]


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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

[[Page 30385]]

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 May 30, 2002.
    A. Federal Reserve Bank of Chicago (Phillip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Hometown Independent Bancorp, Inc., Employee Stock Ownership 
Plan and Trust, Morton, Illinois; to acquire an additional 6.6 percent, 
for a total of 37.1 percent, of the voting shares of Hometown 
Independent Bancorp, Inc., Morton, Illinois, and thereby indirectly 
acquire Morton Community Bank, Morton, Illinois.
    B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166-2034:
    1. South Central Bancshares, Inc., Russellville, Kentucky; to merge 
with Commerce Bancshares, Inc., Franklin, Tennessee, and thereby 
indirectly acquire Peoples State Bank of Commerce, Trenton, Tennessee.

    Board of Governors of the Federal Reserve System, April 30, 
2002.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 02-11097 Filed 5-3-02; 8:45 am]
BILLING CODE 6210-01-S