FEDERAL RESERVE BANK WEEKLY FILINGS
March 13: Belgrade State Bank, Belgrade, Mo., has received approval to establish a drive-up branch in Potosi, Mo.
Salin Bank and Trust Co., Indianapolis, Ind., has received approval to establish a branch in Fort Wayne, Ind.
South Dakota Bancshares,
First Community Bank, Glasgow, Mont., has filed application to establish a de novo branch in Helena, Mont.
Pioneer Bank, Mapleton, Minn., has filed application to establish a branch in Mankato, Minn.
First Holding Co., of Cavalier, N.D. proposes to acquire Argyle Financial Services, Inc., Argyle, Minn., and thereby indirectly acquire Argyle State Bank.
Parkers Prairie Bancshares, Inc., Parkers Prairie, Minn., filed application to acquire Waubun Insurance Agency, Waubun, Minn.
March 6: First Pioneer Holding Inc., Denver, Colo., received approval to become a bank holding company through the retention of First Western Trust Bank, a de novo bank; to engage in investment advisory activities through the acquisition of First Western Investment Management, Inc., Denver, and James Sprout & Associates, Inc., Fort Collins, Colo.; and to engage in trust company activities through the acquisition of Poudre River Valley Trust Company.
Five Points Bank of Hastings, Neb., has joined the Federal Reserve System.
Bank of Montreal, Canada, Harris Financial Corp., Chicago, and Harris Bankcorp, Inc., Chicago, filed to acquire New Lenox Holding Company, New Lenox, Ill, and thereby indirectly acquire NLSB, New Lenox.
Heartland Financial USA, Inc., Dubuque, Iowa, filed to acquire Rocky Mountain Bancorporation, Inc., Billings, Mont., and thereby indirectly acquire Rocky Mountain Bank, Billings.
Metropolitan Capital Bancorp, Inc., Chicago, filed to become a bank holding company by acquiring Metropolitan Capital Bank (in organization), Chicago.
Notice filed by Christine V. Lake, Brookfield, Wis., to acquire an additional 8,333 shares of Ridgestone Financial Services, Inc., Brookfield, and thereby indirectly acquire Ridgestone Bank, Brookfield.
Notice filed by John E. Gorman, Hinsdale, III., and Gary L. Svec, Naperville, IIII., to acquire Strategic Capital Bancorp, Inc., Champaign, III., and thereby indirectly acquire Strategic Capital Bank, Champaign.
ESB Bancorp, Inc., Elberfeld, Ind., filed to become a bank holding company by acquiring The Elberfeld State Bank.
Forstrom Bancorp., Inc., Clara City, Minn., proposes to acquire First State Agency of Lake Lillian, Inc., Lake Lillian, Minn., and thereby indirectly acquire First State Bank, Lake Lillian.
ELECTIONS
The Independent Community Bankers of America elected the following at its annual convention in San Diego March 15: Chairman Dale Leighty, First National Bank of Las Animas, Colo; Chairman-Elect David Hayes, Security Bank, Dyersburg, Tenn.; Vice Chairman Terry Jorde, CountryBank USA, Cando, N.D.; Secretary George Andrews, Capitol City Bank & Trust Co., Atlanta; and Treasurer Ayden Lee Jr., Four Oaks Bank and Trust Co., Four Oaks, N.C.