[Federal Register Volume 67, Number 88 (Tuesday, May 7, 2002)]
[Notices]
[Page 30686]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-11240]


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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 May 31, 2002.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Community Bankshares, Inc., Orangeburg, South Carolina; to merge 
with Ridgeway Bancshares, Inc., Ridgeway, South Carolina, and thereby 
indirectly acquire voting shares of The Bank of Ridgeway, Ridgeway, 
South Carolina.
    2. First Citizens Bancorporation of South Carolina, Inc., Columbia, 
South Carolina; to acquire up to 10 percent of the voting shares of 
Trinity Bank, Monroe, North Carolina.
    B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166-2034:
    1. First Southern Bancshares, Inc., Carbondale, Illinois; to become 
a bank holding company by acquiring 100 percent of the voting shares of 
Shawnee Bancshares, Inc., Grand Tower, Illinois, and thereby indirectly 
acquire voting shares of Shawnee State Bank, Grand Tower, Illinois.
    C. Federal Reserve Bank of San Francisco (Maria Villanueva, 
Consumer Regulation Group) 101 Market Street, San Francisco, California 
94105-1579:
    1. First Financial Holding Co., Ltd., Taipei, Taiwan (in 
formation); to become a bank holding company by acquiring 100 percent 
of the voting shares of First Commercial Bank Co., Ltd., Taipei, 
Taiwan, and thereby indirectly acquire voting shares of First 
Commercial Bank (USA), Alhambra, California.
    2. Bank of Taiwan, Taipei, Taiwan; to acquire at least 12.32 
percent of the voting shares of First Financial Holding Co., Ltd., 
Taipei, Taiwan, and thereby indirectly acquire voting shares of First 
Commercial Bank Co., Ltd., Taipei, Taiwan, and First Commercial Bank 
(USA), Alhambra, California.

    Board of Governors of the Federal Reserve System, May 1, 2002.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 02-11240 Filed 5-6-02; 8:45 am]
BILLING CODE 6210-01-S