FDIC MAKES PUBLIC SEPTEMBER 1994 ENFORCEMENT ACTIONS; PROVIDES LIST OF HEARINGS TO BE HELD IN NOVEMBER
FOR IMMEDIATE RELEASE
David Barr (202) 898-6992
The Federal Deposit Insurance Corporation today released a list
of orders of administrative enforcement actions taken against banks and
individuals in September of 1994. Two administrative hearings are
scheduled during November. The FDIC processed a total of 39
final orders in September. These included five call report penalties, nine removal and prohibition orders, 16 home mortgage disclosure violations, one civil money penalty, one voluntary termination of insurance, six terminations of cease-and-desist orders and one order terminating supervisory prompt corrective action directive. Copies of the orders referenced above can be obtained upon written request to the Office of Corporate Communications, FDIC, 550 17th Street, N.W., Washington,
D.C. 20429 (or FAX 202/898-8565); or by inspection Monday through
Friday in the FDIC's Reading Room, Room 7118, at the 17th Street
location. A list of the orders made public today and details about the
November hearings are attached.
* * * * * * * * * *
FINAL ORDERS ISSUED PURSUANT TO SECTION 7(a), 12 U.S.C.
. 1817(a) (Call Report Penalties)
Firstate Bank of Colorado, Northglenn, CO; CR-94-9304-10; Issued
The Carver State Bank, Savannah, GA; CR-94-9401-24; Issued 9/12/94
State Bank of Morristown, Morristown, MN; CR-94-9304-14; Issued
St. Anthony Park State Bank, St. Paul, MN; CR-94-9304-15; Issued
People's Bank of Mississippi, Indianola, MS; CR-94-9304-16; Issued
FINAL ORDERS ISSUED PURSUANT TO SECTION 8(e), 12 U.S.C.
. 1818(e) (Removal and Prohibition Orders)
University State Bank, Tampa, FL; FDIC-94-109e; against Velma L.
Worthy; Issued 9/23/94
University State Bank, Tampa, FL; FDIC-94-110e; against Norman D.
Rogers; Issued 9/23/94
National Bank of Greece, S. A., Boston, MA; and Mercantile Bank and
Trust Company, Boston, MA; FDIC-94-74e; against Stelios E.
Antonkopoulos; Issued 9/16/94
Heritage Bank for Savings, Holyoke, MA; FDIC-94-107e; against
Michael P. Smith; Issued 9/21/94 [closed 12/4/92]
Lawrence Savings Bank, Lawrence, MA; FDIC-94-111e; against Dwain
B. Smith; Issued 9/22/94
Lawrence Savings Bank, North Andover, MA; FDIC-94-111e; against
Jeffrey A. Diminico; Issued 9/22/94
Security Bank & Trust Company of Ponca City, Ponca City, OK;
against Gene T. Morahan; Issued 9/21/94
Iraan State Bank, Iraan, TX; FDIC-94-58e; Issued 9/16/94
Brighton Bank, Salt Lake City, UT; FDIC-94-108e; against Shonagh
Davis; Issued 9/9/94
FINAL ORDERS ISSUED PURSUANT TO SECTION 8(i), 12 U.S.C.
. 1818(i) (Home Mortgage Disclosure Act Violations)
First Guaranty Bank and Trust Company of Jacksonville, Jacksonville,
FL; HMD-94-9293-2; Issued 9/29/94
Northside Bank of Tampa, Tampa, FL; HMD-94-9293-7; Issued 9/29/94
Merchants and Farmers Bank of Comer, Georgia, Comer, GA; HMD-
94-92-1; Issued 9/29/94
First Community Bank of Henry County, McDonough, GA; HMD-94-
9293-3; Issued 9/29/94
Fairfax State Savings Bank, Fairfax, IA; HMD-94-9293-24; Issued
Farmers Savings Bank, Princeton, IA; HMD-94-9293-23; Issued 9/29/94
Security Bank of Kansas City, Kansas City, KS; HMD-94-9293-22;
The Kaw Valley State Bank and Trust Company, Topeka, KS; HMD-94-
9293-25; Issued 9/29/94
Acadia State Bank, Baton Rouge, LA; HMD-94-9293-28; Issued 9/29/94