DOCSLIB.ORG

Quarterly Journal, QJ, Vol. 21, No. 1 (March 2002)

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Quarterly Journal, QJ, Vol. 21, No. 1 (March 2002) Office of the Comptroller of the Currency March 2002 Comptroller ...................................................................................... John D. Hawke Jr. Executive Committee First Senior Deputy Comptroller and Chief Counsel .......................................................Julie L. Williams Chief of Staff ........................................................................................ Mark A. Nishan Senior Deputy Comptroller and Chief National Bank Examiner ...................................... Emory Wayne Rushton Senior Deputy Comptroller for Large Bank Supervision .................................................Douglas W. Roeder Senior Deputy Comptroller for Mid-Size/Community Bank Supervision ...................................... Leann G. Britton Chief Information Officer ........................................................................Jackquelyn E. Fletcher Senior Deputy Comptroller for International and Economic Affairs .......................................Jonathan L. Fiechter Senior Deputy Comptroller for Management and Chief Financial Officer ...................................Edward J. Hanley Ombudsman ......................................................................................Samuel P. Golden Senior Deputy Comptroller for Public Affairs (Acting) ...................................................... Mark A. Nishan Background recess. He was confirmed subsequently by the U.S. Senate for a five-year term starting on October 13, 1999. Prior to his The Office of the Comptroller of the Currency (OCC) was es­ appointment Mr. Hawke served for 31⁄2 years as Under Secre­ tablished in 1863 as a bureau of the Department of the Trea­ tary of the Treasury for Domestic Finance. He oversaw devel­ sury. The OCC is headed by the Comptroller, who is appointed opment of policy and legislation on financial institutions, debt by the President, with the advice and consent of the Senate, management, and capital markets; served as chairman of the for a five-year term. Advanced Counterfeit Deterrence Steering Committee; and was a member of the board of the Securities Investor Protec­ The OCC regulates national banks by its power to: tion Corporation. Before joining Treasury, he was a senior part­ • Examine the banks; ner at the Washington, D.C., law firm of Arnold & Porter, which he joined as an associate in 1962. In 1975 he left to serve as • Approve or deny applications for new charters, general counsel to the Board of Governors of the Federal Re- branches, capital, or other changes in corporate or serve System, returning in 1978. At Arnold & Porter he headed banking structure; the financial institutions practice. From 1987 to 1995 he was chairman of the firm. • Take supervisory actions against banks that do not conform to laws and regulations or that otherwise Mr. Hawke has written extensively on the regulation of financial engage in unsound banking practices, including re­ institutions, including Commentaries on Banking Regulation, moval of officers, negotiation of agreements to published in 1985. From 1970 to 1987 he taught courses on change existing banking practices, and issuance of federal regulation of banking at Georgetown University Law cease and desist orders; and Center. He has also taught courses on bank acquisitions and serves as chairman of the Board of Advisors of the Morin • Issue rules and regulations concerning banking prac­ Center for Banking Law Studies. In 1987 Mr. Hawke served on tices and governing bank lending and investment a committee of inquiry appointed by the Chicago Mercantile practices and corporate structure. Exchange to study the role of futures markets in the October 1987 stock market crash. He was a founding member of the The OCC divides the United States into six geographical dis­ Shadow Financial Regulatory Committee, and served on it un­ tricts, with each headed by a deputy comptroller. til joining Treasury. The OCC is funded through assessments on the assets of Mr. Hawke was graduated from Yale University in 1954 with national banks, and federal branches and agencies. Under the a B.A. in English. From 1955 to 1957 he served on active International Banking Act of 1978, the OCC regulates federal duty with the U.S. Air Force. After graduating in 1960 from branches and agencies of foreign banks in the United States. Columbia University School of Law, where he was editor-in- chief of the Columbia Law Review, Mr. Hawke clerked for The Comptroller Judge E. Barrett Prettyman on the U.S. Court of Appeals for Comptroller John D. Hawke Jr. has held office as the 28th the District of Columbia Circuit. From 1961 to 1962 he was Comptroller of the Currency since December 8, 1998, after counsel to the Select Subcommittee on Education, U.S. House being appointed by President Clinton during a congressional of Representatives. The Quarterly Journal is the journal of record for the most significant actions and policies of the Office of the Comptroller of the Currency. It is published four times a year. The Quarterly Journal includes policy statements, decisions on banking structure, selected speeches and congressional testimony, material released in the interpretive letters series, statistical data, and other information of interest to the administration of national banks. Send suggestions or questions to Rebecca Miller, Senior Writer-Editor, Communications Division, Comptroller of the Currency, Washington, DC 20219. Subscriptions are available for $100 a year by writing to Publications—QJ, Comptroller of the Currency, P.O. Box 73150, Chicago, IL 60673–7150. The Quarterly Journal is on the Web at http://www.occ.treas.gov/qj/qj.htm. Quarterly Journal Office of the Comptroller of the Currency John D. Hawke Jr. Comptroller of the Currency The Administrator of National Banks Volume 21, Number 1 March 2002 Contents Page Condition and Performance of Commercial Banks............................................... 1 Comptroller’s Report of Operations—2001..................................................... 19 Recent Corporate Decisions................................................................. 77 Special Supervision/Fraud and Enforcement Activities .......................................... 79 Appeals Process .......................................................................... 85 Speeches and Congressional Testimony ...................................................... 89 Interpretations—October 1 to December 31, 2001 ............................................ 105 Mergers—October 1 to December 31, 2001.................................................. 117 Tables on the Corporate Structure of the National Banking System .............................. 127 Tables on the Financial Performance of National Banks ........................................ 153 CFO’s Annual Report—FY 2001 ............................................................. 169 Index.................................................................................... 197 Quarterly Journal, Vol. 21, No. 1, March 2002 iii Condition and Performance of Commercial Banks Summary of Condition and Performance market-sensitive income has fallen sharply as a result of the slower pace of corporate mergers and acquisitions, Banks enjoyed a particularly good fourth quarter in 2001, and the decline in trading volume in equity markets. On as earnings rose both for national banks and for all com­ the international side, Germany and Japan remain mired mercial banks. A continuing decline in interest rates ben­ in recession, and with them many of our other major trad­ efited banks in two ways: by allowing a rise in net interest ing partners. Thus international income, which boosted margins, and by allowing banks to realize gains from the earnings for many large banks during the last recession, sale of securities. Most of this benefit went to large banks. has not provided the same kick to earnings this time around. Small banks will face pressure on earnings if they have exposure to weak industries, or if they are in coun­ On the negative side, provisioning expenses continued to tries with weak labor markets. rise, as a softer economy led to lower asset quality across the board, and most prominently in commercial and in­ dustrial (C&I) portfolios. This weakness is likely to persist for some sectors and regions, whatever the path of the Figure 2—Asset quality deteriorated across the recovery. The result will be continuing asset quality ero­ board sion for banks with exposure there. Non-specialty national banks Percent of loans noncurrent 3 9912 0012 0112 Figure 1—ROE higher for national banks 2.5 Commercial and national bank ROE Percent 2 18 16 1.5 Commercial 13.90 14 1 13.10 12 10 0.5 National 8 0 6 Total loans RE C & I Credit card Installment 4 2 0 -2 73 75 77 79 81 83 85 87 89 91 93 95 97 99 01 Key Trends In the fourth quarter, return on equity for national banks Banks will be hard pressed to repeat their earnings per­ rose sharply to 14.9 percent, up 130 basis points (bps) formance in the near future. If the economy does not re- year-over-year and 260 bps quarter-over-quarter. This cover quickly, loan volume and noninterest income will puts ROE close to the 16-plus-percent range recorded in lag, and credit quality will decline. But earnings are not the mid and late 1990s. The story was different for the likely to rise even if the economy does recover quickly, as broader population of all commercial banks, where ROE this would likely push up interest rates, reducing net inter­ rose 40 bps on the quarter but fell
Load more

Recommended publications
  • NOTICES DEPARTMENT of BANKING Action on Applications
    1058 NOTICES DEPARTMENT OF BANKING Action on Applications The Department of Banking of the Commonwealth of Pennsylvania, under the authority contained in the act of November 30, 1965 (P. L. 847, No. 356), known as the Banking Code of 1965, the act of December 14, 1967 (P. L. 746, No. 345), known as the Savings Association Code of 1967; the act of May 15, 1933 (P. L. 565, No. 111), known as the Department of Banking Code; and the act of December 19, 1990 (P. L. 834, No. 198), known as the Credit Union Code, has taken the following action on applications received for the week ending February 27, 1996. BANKING INSTITUTIONS Branch Applications Date Name of Bank Location Action 4-1-95 Farmers First Bank Weis Market Opened Lititz 820 Stony Battery Rd. Lancaster County West Hempfield Twp. Lancaster County 2-20-96 Ambassador Bank of the 402 State Road Opened Commonwealth Emmaus Allentown Lehigh County Lehigh County 2-21-96 Standard Bank, PaSB Davis Supermarkets, Inc. Approved Murrysville Eastgate Plaza Westmoreland County 730 E. Pittsburgh St. Greensburg Westmoreland County 2-21-96 Ambassador Bank of the 1323 Grape Street Approved Commonwealth Whitehall Allentown Lehigh County Lehigh County 2-21-96 West Milton State Bank 1025 North Main St. Approved West Milton Watsontown Union County Delaware Township Northumberland County 2-22-96 Financial Trust Company 1 Forge Road Filed Carlisle Boiling Springs Cumberland County S. Middleton Twp. Cumberland County 2-26-96 Integra Bank One Oxford Centre Approved Pittsburgh Pittsburgh Allegheny County Allegheny County 2-26-96 Founders’ Bank 15 East Gay Street Approved Bryn Mawr West Chester Montgomery County Chester County Branch Relocations Date Name of Bank Location Action 2-22-96 Reeves Bank To: 747 Corporation St.
    [Show full text]
  • 1 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT of INDIANA EVANSVILLE DIVISION FEDERAL DEPOSIT INSURANCE CORPORATION As Receive
    Case 3:11-cv-00019-RLY-WGH Document 355 Filed 12/02/14 Page 1 of 18 PageID #: <pageID> UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF INDIANA EVANSVILLE DIVISION FEDERAL DEPOSIT INSURANCE ) CORPORATION as Receiver for Integra ) Bank, N.A., ) ) Plaintiffs, ) ) vs. ) 3:11-cv-00019-RLY-WGH ) FIDELITY AND DEPOSIT COMPANY ) OF MARYLAND, ) ) Defendant. ) ENTRY ON DEFENDANT’S MOTION FOR SUMMARY JUDGMENT Plaintiff, Federal Deposit Insurance Corporation, as receiver for Integra Bank, N.A. (“FDIC”), seeks to recover on a financial institution bond issued to Integra by Defendant, Fidelity and Deposit Company of Maryland (“F&D”). Integra purchased the financial institution bond from F&D with a coverage period from July 1, 2007 to July 1, 2010. The policy covered those losses discovered during that time period regardless of when the loss occurred. F&D moves for summary judgment, alleging that the claim is time-barred and that the FDIC will not be able to meet its burden to prove coverage under Insuring Agreements A and E. The FDIC responded in opposition. For the reasons set forth below, F&D’s motion for summary judgment is DENIED. I. Background 1 Case 3:11-cv-00019-RLY-WGH Document 355 Filed 12/02/14 Page 2 of 18 PageID #: <pageID> This case arises out of the bank fraud and Ponzi scheme committed by Louis Pearlman (“Pearlman”). Throughout the scheme, Pearlman and his related entities obtained several loans from Integra, which totaled approximately $29 million. (Supplemental Complaint ¶ 39). Pearlman allegedly collaborated with Stuart Harrington (“Harrington”), Executive Vice President of Commercial Lending at Integra, to obtain these loans.
    [Show full text]
  • City of Evansville, Indiana Downtown Master Plan
    City of Evansville, Indiana Downtown Master Plan FINAL REPORT October 2001 Claire Bennett & Associates KINZELMAN KLINE GOSSMAN 3 Table of Contents Table of Contents F. Market Positioning 3. Conclusions and Recommendations Acknowledgments IV. Metropolitan Area Commercial Centers 1. Introduction 1.1 Planning Objectives 4. Strategic Redevelopement I. Target Area Map 4.1 Town Meeting and S.W.O.T. II. Zoning Map 4.2 Design Charrette Process 2. Strategic Planning 4.3 Strategic Vision 2.1 Strategic Thinking (issues, goals, and objectives) 5. Conclusions and Recommendations 1. Develop Three Distinctive Downtown Districts 2.2 Urban Design Principles 5.1 The Vision 2. Reintroduce Evansville to Downtown Living 3. Initial Assessment 5.2 Downtown Evansville’s Revitalization 4.4 Redevelopment Opportunities 3.1 History, Diversity & Opportunity 1. Target Market 3.2 Physical Assessment of Downtown I. Overall Concept Plan Retail, Housing, Office II. District Diagram 1. Transportation, Circulation, and Parking 2. Principles of Revitalization III. Main Street Gateway Concept I. Parking Inventory Map 3. Organizational Strategy IV. Main Street Phasing Plan II. Estimated Walking Coverage Map V. Main Street Corridor Phasing Plan 4. Commercial Strategy 3.3. Market Analysis VI. Main Street “Placemaking” 5.3 Implementation 1. Introduction VII. Streetscape Enhancements 1. Strategic Goals A. Background and Project Understanding VIII. Pilot Block 2. Development and Business Incentives IX. Civic Center Concept Plan 2. Fact Finding and Analysis 3. Policy Making and Guidance X. Fourth Street Gateway Concept A. Project Understanding XI. Riverfront West Concept 4. Sustainable Design B. Market Situation XII. Gateway and Wayfinding 5. Final Thoughts C. Trade Area Delineations XIII.
    [Show full text]
  • College of Business Reports
    VOL 24, SUMMER 2005 COLLEGE OF BUSINESS REPORTS UNIVERSITY OF SOUTHERN INDIANA Students learn entrepreneurship challenges, College of Business— new designation rewards as consultants to small businesses The University of Southern Brent Grafton said Col- Indiana School of Business has a lege of Business students lis- tened and came back with new name. The term “college” has critical information about replaced the word “school.” The marketing that he and his Board of Trustees approved the wife Bonnie can use in their change for the University’s five Evansville-based business, Green Tree Plastics. academic schools at its January Green Tree was one of a meeting to reflect the complexity number of area companies that of USI’s academic offerings. gave students in a course on The designation College of small-business consulting an opportunity to get an inside Business became effective July 1. look at small-business owner- ship during spring semester. Dr. Greg Murphy, assis- Joe Coslett’s Gift tant professor of management, to fund sales lab established student teams to complete projects as consul- High-tech facility will serve tants to small business owners. growing number of students The students’ mission was to From left, Wes Steele, Scott McDowell, and Nate pursuing marketing careers meet with the owners, identify a need, and help the owners Carter meet with owner Brent Grafton of Green A sophisticated new sales manage- find information or resources Tree Plastics. ment development laboratory where a that would meet the need. businesses have some uncertainty, and growing Murphy said that looking into the this experience exposes them to that.
    [Show full text]
  • Audit Report Office of Inspector General
    Audit Report OIG-12-050 SAFETY AND SOUNDNESS: Material Loss Review of Integra Bank, National Association April 12, 2012 Office of Inspector General DEPARTMENT OF THE TREASURY Contents Audit Report Causes of Integra’s Failure .............................................................................. 3 Concentrations in Commercial Real Estate Loans ........................................... 3 Write-Off of Goodwill Associated with the Acquisition of Prairie Bank and Trust ................................................................................................. 4 OCC’s Supervision of Integra Bank. .................................................................. 5 OCC Appropriately Supervised Integra ......................................................... 5 OCC Used Prompt Corrective Action Appropriately ........................................ 8 Other Matters ............................................................................................... 8 Examination Working Papers ...................................................................... 8 Review of Bank Acquisitions ....................................................................... 9 TARP Funds Received by Integra’s Holding Company .................................... 10 Concluding Remarks ....................................................................................... 11 Appendices Appendix 1: Objectives, Scope, and Methodology .................................... 13 Appendix 2: Background .......................................................................
    [Show full text]
  • UNOE Newsletter April 2009.Pub
    Neighborhood Associations working together to preserve, enhance, and promote U N O E the Evansville neighborhoods NEIGHBOR TO NEIGHBOR A Publication of United Neighborhoods of Evansville Volume 9 Issue 4 20 N.W. Fourth Street, Suite 501, 47708 April 2009 Website: www.unoevansville.org Email: [email protected] Phone 812-428-4243 From the President …… WWW.UNOEVANSVILLE.ORG Website Hello Neighborhoods! Community Resource Links Don’t let check cashers take a penny of your hard-earned money. Even if you’ve American Red Cross had problems with an account in the past or have never had an account before, you City of Evansville can open a bank account in Evansville. Your Neighbor to Neighbor Newsletter this month has the details!! Courier & Press Bank on Evansville Disaster Resistant th Community Corp (DRC) Community Corp (DRC) On February 11 2009, Evansville launched a unique and significant program called Bank on EvansvilleEvansville. The program is based on a major initiative developed by Evansville City Clerk the City of San Francisco. Evansville is the only city in Indiana so far that has the Evansville Department of program developed and launched. Indianapolis is in the process of developing the Metropolitan Development program with the help of Evansville’s experience. Evansville Parks and In November at the UNOE Board retreat we decided to endorse the program and Recreation Department encourage our neighborhoods to learn about the program and support the local Evansville Geographic Information efforts. Goosetown Neighborhood Association has had an initial program and Systems (GIS) Glenwood Neighborhood Association is scheduled for next month. We are just Evansville Vanderburgh beginning and hope that each neighborhood association will learn about the program and sponsor workshops for your neighbors.
    [Show full text]
  • Mar31-2010-Completei
    THE CITY-COUNTY OBSERVER An Online Community Newspaper Dedicated To Serving The Citizens of Posey, Vanderburgh, and Warrick Counties MARCH 31, 2010 VOLUME III, ISSUE 11 MSBAC dissolution leads to many financial questions By Jamie Grabert, Publisher listed as a “Non-Profit Domestic Corporation” There are times when departments have to as of March 30, 2010, according to the Indiana work together to get things done. There are Secretary of State. This entity was reportedly times when some duties overlap, and then, created on October 2, 1979. The Secretary of there are multiple departments that serve the State’s documentation states that the Business same purpose. Last, but certainly not least, Entity Report is past due for 2008. The state there are non-profits created by government documents also list Evansville Mayor Jonathan departments who get taxpayer monies to spent Weinzapfel’s Chief of Staff Roseann Young as without accountability to the taxpayers regard- the “Registered Agent.” According to the Sec- ing how that money is being spent. retary of State’s Office, the MSBAC is still an In previous issues, the staff of the City- active corporation. County Observer has discussed 501(c), non- After obtaining a copy of the 2008 tax re- profit corporations like GAGE (Growth Al- Tom Barnett, Executive turn for MSBAC, the first thing noticed was liance for Greater Evansville) and Evansville Director of DMD the address on the return – Civic Center, Room Brownfields Corp. This week, another City of 306 – which is the Dept. of Metropolitan De- Evansville-founded non-profit by the name velopment.
    [Show full text]
  • December 13, 2008 Order of the 2008 Fall Commencement Exercises
    2008 COMMENCEMENT EXERCISES December 13, 2008 Order of the 2008 Fall Commencement Exercises Processional Evansville Brass Quintet, Pomp and Circumstance, Edward Elgar, Composer Grand Marshal Thomas M. Rivers, Professor of English and Director of Master of Arts in Liberal Studies Program Marshals Jennifer A. Briggs, Associate Registrar Linda L. Cleek, Associate Dean of Extended Services Sandy K. Farmer, Registrar Pamela F. Hopson, Director of Multicultural Center Nancy L. Johnson, Director of Alumni and Volunteer Services Eric H. Otto, Director of Admission Tracy Sinn, Assistant Registrar Lee Ann Wambach, Academic Programs Coordinator/Advisor Andrew J. Zellers, Assistant Registrar Welcome and Introductions H. Ray Hoops, President Reflection William C. Henderson, Assistant Dean of the College of Business; Assistant Professor of Computer Information Systems The Commencement Address Sherry B. Darrell, Professor of English; 2008 Integra Bank Distinguished Professor Conferral of Degrees H. Ray Hoops, President Assisted by Linda L. M. Bennett, Provost and Vice President for Academic Affairs Presentation of Graduates John L. Deem, Associate Vice President for Student Affairs Master Degrees Graduate Studies H. Ray Hoops, President Awarding of Hoods Peggy Harrel, Director of Graduate Studies Baccalaureate Degrees College of Business Mohammed F. Khayum, Dean, Professor of Economics Bower-Suhrheinrich College of Education and Human Services Julie H. Edmister, Dean, Professor of Education Extended Services M. Edward Jones, Dean, Extended Services College of Liberal Arts David M. Glassman, Dean, Professor of Anthropology College of Nursing and Health Professions Nadine A. Coudret, Dean, Professor of Nursing Pott College of Science and Engineering Scott A. Gordon, Dean, Professor of Biology Associate Degrees Linda L.
    [Show full text]
  • Classified Loans-Grade 8 $110.9 $103.4$102.0
    Old National Bancorp Second Quarter 2011 Financial Review August 1, 2011 Lynell Walton Senior Vice President Investor Relations Forward-Looking Statement This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to Old National’s financial condition, asset and credit quality trends, capital, liquidity and the financial benefits and other effects of the acquisition of certain assets and assumption of certain liabilities of Integra Bank from the FDIC. Forward-looking statements can be identified by the use of the words “anticipate,” “believe,” “expect,” “intend,” “could” and “should,” and other words of similar meaning. Forward-looking statements express management’s current expectations or forecasts of future events and, by their nature, are subject to risks and uncertainties and there are a number of factors that could cause actual results to differ materially from those in such statements. Factors that might cause such a difference include, but are not limited to; market, economic, operational, liquidity, credit and interest rate risks associated with Old National's business, competition, government legislation and policies (including the impact of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the regulations to be issued thereunder), ability of Old National to execute its business plan, including the integration of the acquired Integra Bank assets and liablities, changes
    [Show full text]
  • Supporting the Transition from High School to College & Careers
    Supporting the Transition from High School to College & Careers Tuesday, April 9, 2019 Indianapolis Marriott North Indianapolis, IN 46240 8:00 a.m. Registration & Breakfast 9:00 a.m. Welcome Chris LaMothe, Chairman, Indiana Commission for Higher Education 9:15 a.m. Keynote: Supporting the Transition from High School to College & Careers Matt Gandal, President, Education Strategy Group 9:45 a.m. Response Panel Teresa Lubbers, Commissioner for Higher Education PJ McGrew, Director of Policy, Governor’s Workforce Cabinet Jason Bearce, Vice President for Education and Workforce Development, Indiana Chamber of Commerce 10:45 a.m. Breakout Sessions 12:00 p.m. Lunch Keynote: A Conversation with Governor Eric Holcomb Eric Holcomb, Governor of Indiana Teresa Lubbers, Commissioner for Higher Education 1:00 p.m. Reflections & Closing Breakout Session Topics Parents as Partners: Engaging Families Effectively to Drive Student Success ............. Miller Alfonso Vidal, Commission Member, Indiana Commission for Higher Education Jená Bellezza, Chief Operating Officer, Indiana Parenting Institute Building Intentional Pathways in High School ............................................................. Hart Mike Alley, Commission Member, Indiana Commission for Higher Education Dwight Ashley, Principal, Parke Heritage High School Laura Hayes, Interim Director of K-12 Transitions, Ivy Tech Community College Ensuring Quality through Work-Based Experience .................................................. Shields Jud Fisher, Commission Member, Indiana Commission for Higher Education Tina Peterson, Chief Executive Officer, Regional Opportunity Initiatives, Inc. Presenters & Panelists Teresa Lubbers Commissioner, Indiana Commission for Higher Education Teresa Lubbers was appointed in 2009 to serve as Commissioner for Indiana’s Commission for Higher Education, the coordinating agency charged with ensuring the state’s postsecondary education system is aligned to meet the needs of students and the state.
    [Show full text]
  • City of Evansville, Indiana
    CITY OF EVANSVILLE, INDIANA DOWNTOWN DEVELOPMENT & DESIGN GUIDELINES Introduction............................................................... i Architecture .............................................. 1 Preservation ............................................ 13 Public Spaces .......................................... 29 Planting Design ....................................... 51 Parking................................................... 65 Sidewalks ............................................... 77 Street Corners ......................................... 91 Street Furnishings .................................. 105 Lighting ................................................ 123 Signage ................................................ 133 Utilities ................................................. 155 Index ................................................................... 161 Glossary .............................................................. 164 Bibliography ......................................................... 173 Acknowledgments ................................................ 177 2003 RATIO Architects, Inc. Introduction The City of Evansville completed its Downtown Master Plan in October 2001. One of the “Medium Term Goals” of that project was the creation of updated Downtown Development and Design Guidelines. To that end, Ratio Architects was retained in July 2002 to facilitate the process of updating the existing guidelines, which were adopted in 1987. The Guide- lines were developed in a two-phase process, which is
    [Show full text]
  • Corporate Decision 2011-11
    O Comptroller of the Currency Administrator of National Banks Central District Office One Financial Place, Suite 2700 440 South LaSalle Street Chicago, Illinois 60605 July 29, 2011 Corporate Decision #2011-13 August 2011 Jeffrey L. Knight, Esq. Executive Vice President, Corporate Secretary and Chief Legal Counsel Old National Bancorp One Main Street Evansville, Indiana 47708 Re: Application by Old National Bank, Evansville, Indiana to purchase certain assets and assume certain liabilities of Integra Bank, National Association, Evansville, Indiana OCC Application Number: 11-CE-02-014 Dear Mr. Knight: The Office of the Comptroller of the Currency (“OCC”) approves the application of Old National Bank, Evansville, Indiana (“Acquirer”) to purchase certain assets of and assume certain liabilities of Integra Bank, National Association, Evansville, Indiana (“Failed Entity”), for the reasons set below. As discussed below, the transaction may be consummated immediately upon approval. 12 U.S.C. § 1828(c)(6). “Failed Entity”, a national bank with deposits insured by the Federal Deposit Insurance Corporation (“FDIC”), was declared closed by the Comptroller of the Currency on July 29, 2011, and the FDIC was appointed as receiver. The Comptroller has now been asked to grant his written approval of the proposed agreement negotiated between the FDIC and Acquirer by which the latter would purchase certain assets and assume certain liabilities of Failed Entity. This approval is granted based upon the information contained in the Acquirer’s application and other information and representations made to the OCC during its processing of the application. The Purchase and Assumption Acquirer applied to the OCC for approval to purchase certain assets of and assume certain liabilities of Failed Entity under 12 U.S.C.
    [Show full text]