[Federal Register: September 24, 1999 (Volume 64, Number 185)]
[Notices]               
[Page 51761]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr24se99-83]                         

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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.
    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 October 18, 1999.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant 
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Regal Bancorp, Inc., Owings Mills, Maryland; to become a bank 
holding company by acquiring 100 percent of the voting shares of Regal 
Bank & Trust (successor to Regal Savings Bank, F.S.B.), Owings Mills, 
Maryland.
    B. Federal Reserve Bank of Atlanta (Cynthia Goodwin, Vice 
President) 104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. Charter Banking Corp., Tampa, Florida; to acquire 100 percent of 
the voting shares of Columbia Bank, Tampa, Florida.
    2. First Capital Bancorp, Inc., Norcross, Georgia; to become a bank 
holding company by acquiring at least 25 percent of the voting shares 
of First Capital Bank, Norcross, Georgia.
    C. Federal Reserve Bank of Chicago (Philip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
    1. Farmers and Merchants Bancshares, Inc., Burlington, Iowa; to 
acquire 100 percent of the voting shares of Farmers and Merchants Bank 
and Trust, Mount Pleasant, Iowa (in organization).
    D. Federal Reserve Bank of Minneapolis (JoAnne F. Lewellen, 
Assistant Vice President) 90 Hennepin Avenue, P.O. Box 291, 
Minneapolis, Minnesota 55480-0291:
    1. National Bank of Commerce in Superior, Superior, Wisconsin; and 
NATCOM Bancshares, Inc., Superior, Wisconsin; to become a bank holding 
company by acquiring 100 percent of the voting shares of New National 
Bank of Commerce in Superior, Superior, Wisconsin, a de novo bank.
    E. Federal Reserve Bank of Kansas City (D. Michael Manies, 
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
64198-0001:
    1. Norton Bankshares, Inc., Norton, Kansas; to become a bank 
holding company by acquiring 100 percent of the voting shares of 
Consolidated Insurance, Inc., Hill City, Kansas, and thereby indirectly 
acquire Consolidated State Bank, Hill City, Kansas.

    Board of Governors of the Federal Reserve System, September 20, 
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-24885 Filed 9-23-99; 8:45 am]
BILLING CODE 6210-01-F