[Federal Register: January 11, 1999 (Volume 64, Number 6)]
[Notices]               
[Page 1627-1628]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr11ja99-86]

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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. Unless otherwise noted, nonbanking 
activities will be conducted throughout the United States.
    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 4, 1999.
    A. Federal Reserve Bank of Kansas City (D. Michael Manies, 
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
64198-0001:
    1. Chelsea Bancshares, Inc., Chelsea, Oklahoma; to become a bank 
holding company by acquiring 100 percent of the voting shares of Bank 
of Chelsea, Chelsea, Oklahoma.
    B. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. State National Bancshares, Inc., Lubbock, Texas; to acquire 100 
percent of the voting shares of Valley Bancorp, Inc., El Paso, Texas, 
and thereby

[[Page 1628]]

indirectly acquire Montwood National Bank, El Paso, Texas.
    In connection with this application, Eggemeyer Advisory 
Corporation, Castle Creek Capital, LLC, Castle Creek Capital Partners 
Fund I, LP, all of Rancho Santa Fe, California; to acquire more than 5 
percent of the voting shares of Valley Bancorp, Inc., El Paso, Texas, 
and thereby indirectly acquire Montwood National Bank, El Paso, Texas.
    2. Central Bancshares, Inc., Houston, Texas; to acquire 100 percent 
of the voting shares of Caldwell Bancshares, Incorporated, Caldwell, 
Texas, and thereby indirectly acquire Caldwell Bancshares of Delaware, 
Inc., Wilmington, Delaware, and Caldwell National Bank, Caldwell, 
Texas.
    3. La Plata Bancshares, Inc., Hereford, Texas, and La Plata 
Delaware Bancshares, Inc., Dover, Delaware; to become a bank holding 
company by acquiring 100 percent of the voting shares of First National 
Bank of Hereford, Hereford, Texas.

    Board of Governors of the Federal Reserve System, January 5, 
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-469 Filed 1-8-99; 8:45 am]
BILLING CODE 6210-01-F