[Federal Register Volume 68, Number 172 (Friday, September 5, 2003)]
[Notices]
[Pages 52770-52771]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-22602]


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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 September 29, 2003.
    A. Federal Reserve Bank of New York (Jay Bernstein, Bank 
Supervision Officer) 33 Liberty Street, New York, New York 10045-0001:
    1. Evergreen Holdings, LLC, New York, New York; to become a bank 
holding company by acquiring 65.88 percent of the voting shares of 
Eastbank Corporation, New York, New York and Eastbank, National 
Association, New York, New York.
    2. Shinhan Financial Group, Company, Ltd., Seoul, Korea; to become

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a bank holding company by acquiring 80.04 percent of the voting shares 
of Chohung Bank, Seoul, Korea, and CHB America Bank, New York, New 
York.
    B. Federal Reserve Bank of Atlanta (Sue Costello, Vice President) 
1000 Peachtree Street, N.E., Atlanta, Georgia 30303:
    1. BancTrust Financial Group, Inc., Mobile, Alabama; to merge with 
CommerceSouth, Inc., Eufaula, Alabama, and thereby indirectly acquire 
CommerceSouth Bank, Eufaula, Alabama.
    C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166-2034:
    1. Mercantile Bancorp, Inc., Quincy, Illinois; to acquire up to 
13.96 percent of the voting shares of NorthStar Bancshares, Inc., 
Kansas City, Missouri, and thereby indirectly acquire voting shares of 
NorthStar Bank, National Association, Kansas City, Missouri.

    Board of Governors of the Federal Reserve System, August 29, 
2003.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 03-22602 Filed 9-4-03; 8:45 am]
BILLING CODE 6210-01-S