[Federal Register Volume 68, Number 88 (Wednesday, May 7, 2003)]
[Notices]
[Page 24478]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-11254]


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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 May 30, 2003.
    A. Federal Reserve Bank of Atlanta (Sue Costello, Vice President) 
1000 Peachtree Street, N.E., Atlanta, Georgia 30309-4470:
    1. Citizens National Banc Corporation, Meridian, Mississippi; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of The Citizens National Bank of Meridian, Meridian, 
Mississippi.
    B. Federal Reserve Bank of San Francisco (Maria Villanueva, 
Consumer Regulation Group) 101 Market Street, San Francisco, California 
94105-1579:
    1. Central Pacific Financial Corp., Honolulu, Hawaii; to acquire at 
least 50.1 percent and up to 100 percent of CB Bancshares, Inc., and 
thereby indirectly acquire City Bank, both of Honolulu, Hawaii.
    In connection with this application, Central Pacific Financial 
Corp., Honolulu, Hawaii, also has applied to engage indirectly in data 
processing activities pursuant to section 225.28(b)(14)(i), through the 
acquisition of Datatronix Financial Services, Inc., Honolulu, Hawaii.

    Board of Governors of the Federal Reserve System, May 1, 2003.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 03-11254 Filed 5-6-03; 8:45 am]
BILLING CODE 6210-01-S