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FIRST NAT. BANK OF GORDON v. DEPT. OF TREASURY

No. 89-2246.

911 F.2d 57 (1990)

The FIRST NATIONAL BANK OF GORDON, Gordon, Nebraska, a national banking association, Petitioner, v. DEPARTMENT OF the TREASURY, OFFICE OF THE COMPTROLLER OF THE CURRENCY, Respondent.

United States Court of Appeals, Eighth Circuit.

Decided August 6, 1990.

Attorney(s) appearing for the Case

I. Thomas Bieging, Englewood, Colo., for petitioner.

Jonathan E. Taylor, L. Robert Griffin, Rolph E. Sharpe, Larry J. Stein, Joseph F. Colantuno, Washington, D.C., for respondent.

Before ARNOLD and BOWMAN, Circuit Judges, and HUNTER, Senior District Judge.

ARNOLD, Circuit Judge.

This appeal comes to us from a cease-and-desist order issued by the Comptroller of the Currency against the First National Bank of Gordon in Gordon, Nebraska, a national banking association. The Comptroller found that the bank was in violation of law in several respects: (1) it had made loans to a single borrower, the Oglala Sioux Tribe, in excess of the loan limit contained in 12 U.S.C. § 84; (2) it had filed an untrue report of condition...

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