Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

District: 11
Federal Reserve Bank of: Dallas

Filings received during the week ending May 3, 2008

Filer Filing Type Filing Proposal End of Comment Period
BI-STONE BANCSHARES, INC. CIC Notice by Greg S. Stubbs and Jennifer J. Stubbs, Groesbeck, Texas, to acquire an interest in Bi-Stone Bancshares, Inc., Mexia, Texas, and indirectly acquire Incommons Bank, N.A., Mexia, Texas.
Newspaper: Not available
Federal Register: 05/16/2008
BI-STONE BANCSHARES, INC. CIC Notice by Brad Butler and Denise Butler, Wortham, Texas, to acquire an interest in Bi-Stone Bancshares, Inc., Mexia, Texas, and indirectly acquire Incommons Bank, N.A., Mexia, Texas.
Newspaper: Not available
Federal Register: 05/16/2008
HASKELL BANCSHARES, INC. CIC The Haskell Bancshares, Inc. Employee Stock Ownership Plan, Haskell, Texas, Robert Howard, Abilene, Texas, Dan R. Griffith, Haskell, Texas,and Andrew Gannaway, Haskell, Texas, acting as Trustees, to retain ownership and control of Haskell Bancshares, Inc., Haskell, Texas, and indirectly its subsidiary, Haskell National Bank, Haskell, Texas.
Newspaper: Not available
Federal Register: Not available
LIVE OAK BANCSHARES CORPORATION 4c8 Live Oak Bancshares Corporation, George West, Texas, to engage in title insurance activities pursuant to Section 225.28(b)(11)(iii)(A) of Regulation Y; real estate settlement servicing pursuant to Section 225.28(b)(2)(viii) of Regulation Y; and real estate title abstracting services pursuant to Board Order 1995 FRB 805, as a result of its proposed 75.5 percent investment in Forehand Title Management LLC, George West, Texas.
Newspaper: Not applicable
Federal Register: 05/19/2008
NEW MEXICO FIRST FINANCIAL, INC. CIC Notice by Mr. Kelly O. Dunn, Scottsdale, Arizona, and Mr. Larry Lee Sheffield, Phoenix, Arizona, et al, acting in concert, to acquire control of New Mexico First Financial, Inc., Las Cruces, New Mexico, and indirectly acquire Mesilla Valley Bank, Las Cruces, New Mexico.
Newspaper: Not available
Federal Register: Not available
WEST BANCSHARES, INC. CIC Notices by Ms. Laura Lankford, West, Texas; Mr. George B. Graves, Jr., Waco, Texas; and Ms. Sarah Lou Bracken, Waco, Texas, to acquire 37.04 percent; 27.93 percent; and 26.33 percent, respectively, of West Bancshares, Inc., West, Texas, and indirectly acquire Pointwest Bank, West, Texas.
Newspaper: 04/09/2008
Federal Register: 04/22/2008


Availability of CRA Public Evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.
 
Institution / Location
RSSD
ID
 
Exam Date
CRA
Public Date
CRA
Rating
Exam Method
NONE


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

* Subject to the provisions of the Community Reinvestment Act

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco