[Federal Register Volume 67, Number 102 (Tuesday, May 28, 2002)]
[Notices]
[Pages 36882-36883]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-13180]


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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/.

[[Page 36883]]

    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 June 21, 2002.
    A. Federal Reserve Bank of Atlanta (Sue Costello, Vice President) 
1000 Peachtree Street, N.E., Atlanta, Georgia 30309-4470:
    1. First Security Bancorp, Inc., Chattanooga, Tennessee; to acquire 
100 percent of the voting shares of First State Bank, Maynardville, 
Tennessee.
    B. Federal Reserve Bank of Minneapolis (Julie Stackhouse, Vice 
President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:
    1. State Bank of Hawley, Inc., Hawley, Minnesota; to acquire an 
additional 6 percent, for a total of 38.8 percent of the voting shares 
of Bankshares of Hawley, Inc., Hawley, Minnesota, and thereby 
indirectly acquire State Bank of Hawley, Hawley, Minnesota.
    C. Federal Reserve Bank of San Francisco (Maria Villanueva, 
Consumer Regulation Group) 101 Market Street, San Francisco, California 
94105-1579:
    1. ITLA Capital Corporation, La Jolla, California; to become a bank 
holding company by acquiring 100 percent of the voting shares of 
Imperial Capital Bank, Encino, California.
    In connection with this application, Applicant also has applied to 
acquire ITLA Capital Real Estate Investment Trust, La Jolla, 
California, and thereby engage in lending activities, pursuant to 
[sect][sect] 225.28(b)(1) and (b)(2) of Regulation Y.

    Board of Governors of the Federal Reserve System, May 21, 2002.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 02-13180 Filed 5-24-02; 8:45 am]
BILLING CODE 6210-01-S