BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM Washington,D. C Summary of Equity Security Transactions and Ownership of Directors,

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1 G.16 BOAR GOVERNORS THE FEERAL RESERVE SYSTEM Washington,. C Summary of Equity Security Transactions and Ownership of irectors, Officers, and Principal Stockholders of Member State Banks as Reported Pursuant to Section 16(a) of the Securities Exchange Act of 1934 ecember 1977

2 EXPLANATORY NOTE Information in this Summary has been drawn from reports on Form F-8, "Statement of Changes in Beneficial Ownership of Securities,' filed with the Board of Governors of the Federal Reserve System. In the interest of simplification, the Summary omits reported data with respect to initial holdings (reported on Form F-7), purchases and sales aggregating less than 50 shares during the month for which the report is filed, stock splits, stock dividends, rights, and gifts. The underlying reports may be inspected at the Federal Reserve Board offices, Washington,. C. Publication of this information is in no sense a representation that it is correct or complete. On the following pages, the name of the bank is followed by the name of the person reporting and his relationship to the bank. Unless otherwise indicated, all transactions involve the bank's common stock. Any indirect interest (through holding companies, partnerships, trusts, family ownership, etc.) is shown below the direct interest. Symbols indicate the nature of the transactions, if other than a purchase or sale, and the nature of ownership, if other than direct (see "Guide to Symbols").

3 GUIE TO SYMBOLS Reference to these symbols is essential for a full and accurate interpretation of the data reported RELATIONSHIP "0" - Officer "" - irector or person performing similar functions "B" - Beneficial owner of more than 10 per cent of any registered equity security of the bank "V" - Voting trustee "T" - Trustee "M" - Member of advisory board or honorary director CHARACTER No symbol - Purchase or Sale "B" - Bequest or Inheritance "C" - Compensation "" - istribution "E" - Exchange or Conversion "F" - Exercise of rights "G" - Gift "S" - Stock dividend or stock split "X" - Exercise of option NATURE No symbol - Securities are beneficially owned directly. "1" - Securities are directly held, but reporter disclaims any admission that he is the beneficial owner of the securities. "" - Securities are beneficially owned indirectly through a holding company, partnership, trust, or other intermediary; figures reported represent the TOTAL transactions and holdings of the intermediary. "3" - Same as in "," except that reporter disclaims any admission that he is the beneficial owner of the securities. "4" - Securities are beneficially owned indirectly through a holding company, partnership, trust, or other intermediary; figures reported represent the PROPORTIONATE interest of the reporter. "5" - Same as "4," except that reporter disclaims any admission that he is the beneficial owner of the securities. "PR" - Holdings as previously reported.

4 S AN Reports included in this summary were filed with the Board of Governors of the Federal Reserve System during the period from ecember 11, 1977 to January 10, 1978 IMPORTANT - See Guide to Symbols on preceding page BANK a BANK MI-JERSEY (Bordentown Township) RELATIONSHIP AN SYMBO! AGGl REGATE TRANSj ACTIONS Acquired e Erwin. Apell , BANK SUFFOLK COUNTY (Stony Brook, New York) John S. Archdeacon , James T. McCarthy o 440 CAPE CO BANK AN TRUST COMPANY (Hyannis, Massachusetts) James H. Rice CENTRAL BANK (Monroe, Louisiana) Hugh G. Mconald T. H. Scott 4, ,148 COMMERCIAL TRUST COMPANY NEW JERSEY (Jersey City) Marston Ames ,400 1,600 igitized for FRASER

5 FR 6?1 -- BANK H 8 hd W CO i!a hj H CO AGGREGATE S Acquires COMMERCIAL TRUST COMPANY NEW JERSEY (Con't) John G. Collins Aaron Last , George Neupauer ,07 8,655 e Thomas J. Nolan, Jr ,118 Peter J. O'Brien e THE OLLAR SAVINGS AN TRUST COMPANY (Youngstown > Ohio) C. A. Covington, Jr Alexander K. Phillips Frank C. Watson ,130 1,78 1,450 1, FIRST COMMERCIAL BANK (Arlington,Virginia) onald A. Cooke O Panos G. Koutrouvelis O Lawrence. Wasko , ,050 e

6 FR 6?1 BANK RELATIONSHIP AN SYMBOL AGGREGATE S Acquires THE LORAIN COUNTY SAVINGS & TRUST CO. (Elyria, Ohio) Robert T. Bowman O , Roy E. Hayes ,443 MANUFACTURERS BANK & TRUST COMPANY ST. LOUIS (Missouri) Robert F. eibel, Jr ,40 August W. Hager Sander B. Zmck THE MERCHANTS BANK NEW YORK (New York City) 1, , Bernice Ahrens O l 6, SEATTLE TRUST & SAVINGS BANK (Washington) W. Lennox Scott Q UNION BANK & TRUST COMPANY (Montgomery,Alabama) Robert F. Henry, Sr. H- 3-77, John H. Neill, Jr_ O ,000 1,73 1,464

7 FR I BANK H C hj Q y!xi ui w 38 hjh CQS AGGREGATE S Acquires UNION BANK & TRUST COMPANY (Con't) Samuel L. Schloss , William G. Thames ,000,050 11,065 UNITE STATES TRUST COMPANY NEW YORK (New York City) J. Sinclair Armstrong VALLEY BANK NEVAA (Las Vegas) Richard A. Etter ,15 Kenneth J. Sullivan, Jr.( ,63 17,61

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