[Federal Register Volume 68, Number 14 (Wednesday, January 22, 2003)]
[Notices]
[Page 3029]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-1311]


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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 Web site 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 February 14, 2003.
    A. Federal Reserve Bank of Atlanta (Sue Costello, Vice President) 
1000 Peachtree Street, N.E., Atlanta, Georgia 30303:
    1. Coastal Commerce Bancshares, Inc., Houma, Louisiana; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
Coastal Commerce Bank, Houma, Louisiana.
    2. Eagle National, Inc., Stockbridge, Georgia; to become a bank 
holding company by acquiring 100 percent of the voting shares of Eagle 
National Bank, Stockbridge, Georgia.
    3. SouthTrust Corporation, Birmingham, Alabama; to merge with 
Founders Bancshares, Inc., Dallas, Texas, and thereby indirectly 
acquire 100 percent of the voting shares of Founders National Bank, 
Dallas, Texas.
    B. Federal Reserve Bank of Minneapolis (Richard M. Todd, Vice 
President and Community Affairs Officer) 90 Hennepin Avenue, 
Minneapolis, Minnesota 55480-0291:
    1. Ravalli County Bankshares, Inc., Hamilton, Montana; to acquire 
32.86 percent of the voting shares of West One Bank, Kalispell, 
Montana, a de novo bank.
    2. Bitterroot Holding Company, Lolo, Montana; to acquire 32.86 
percent of the voting shares of West One Bank, Kalispell, Montana, a de 
novo bank.
    C. Federal Reserve Bank of Kansas City (Susan Zubradt, Assistant 
Vice President) 925 Grand Avenue, Kansas City, Missouri 64198-0001:
    1.Campbell State Company, Campbell, Nebraska; to acquire 100 
percent of the voting shares of Blue Hill Agency, Inc., Blue Hill, 
Nebraska, and thereby indirectly acquire voting shares of Commercial 
Bank, Blue Bill, Nebraska.

    Board of Governors of the Federal Reserve System, January 15, 
2003.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 03-1311 Filed 1-21-03; 8:45 am]
BILLING CODE 6210-01-S