Formations of, Acquisitions by, and Mergers of Bank Holding Companies

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Federal RegisterMay 11, 2000
65 Fed. Reg. 30410 (May. 11, 2000)

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 June 5, 2000.

A. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:

1. City Savings Bancshares, Inc., Deridder, Louisiana; to become a bank holding company by acquiring 100 percent of the voting shares of City Savings Bank & Trust Company, Deridder, Louisiana.

B. Federal Reserve Bank of Kansas City (D. Michael Manies, Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 64198-0001:

1. Nebraska Bankshares, Inc., Farnam, Nebraska; Stockmens Financial Corporation, Rushville, Nebraska; and Stamford Banco., Inc., Stamford, Nebraska; to each buy more than 10 percent of the voting shares of First Gothenburg Bancshares, Inc., Gothenburg, Nebraska, and thereby indirectly acquire First State Bank, Gothenburg, Nebraska.

C. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:

1. Plains Bancorp, Inc., Lubbock, Texas; to merge with Sudan Bancshares, Inc., Sudan, Texas, and thereby indirectly acquire First National Bank, Sudan, Texas.

D. Federal Reserve Bank of San Francisco (Maria Villanueva, Consumer Regulation Group) 101 Market Street, San Francisco, California 94105-1579:

1. Pacific Capital Bancorp, Santa Barbara, California; to acquire 100 percent of the voting shares of San Benito Bank, Hollister, California.

2. Westamerica Bancorporation, San Rafael, California; to acquire 100 percent of the voting shares of First Counties Bank, Clearlake, California.

3. Pacific Capital Bancorp, Santa Barbara, California; to merge with Los Robles Bancorp, Thousand Oaks, California, and thereby indirectly acquire Los Robles Bank, Thousand Oaks, California.

Board of Governors of the Federal Reserve System, May 5, 2000.

Robert deV. Frierson,

Associate Secretary of the Board.

[FR Doc. 00-11784 Filed 5-10-00; 8:45 am]

BILLING CODE 6210-01-P