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

District: 11
Federal Reserve Bank of: Dallas

Filings received during the week ending March 10, 2007

Filer

Filing Type

Filing Proposal

End of Comment Period

ANDREWS HOLDING COMPANY

CIC

Notice by J & V Grist Family, Ltd., Andrews, Texas, and general partner, Mr. John E. Grist, Andrews, Texas, to acquire 75.19 percent of Andrews Holding Company, Andrews, Texas, and indirectly Commercial State Bank, Andrews, Texas.

Newspaper:	03/30/2007
Federal Register:	03/16/2007

BOZKA INVESTMENTS, LTD.

* 3A1

Bozka Investments, Ltd., Hallettsville, Texas, to become a bank holding company by acquiring 15.63 percent of Peoples State Bank of Hallettsville, Hallettsville, Texas. The Bozka Management Trust, Hallettsville, Texas, is the General Partner of Bozka Investments, Ltd. and Mr. James N. Bozka, Hallettsville, Texas, is Trustee of the Bozka Management Trust.

Newspaper:	03/31/2007
Federal Register:	Not available

CITIZENS BANK

* Branch

Citizens Bank, Slaton, Texas, to establish a branch to be located at 7125 82nd Street, Lubbock, Texas 79424.

Newspaper:	03/16/2007
Federal Register:	Not applicable

WOODFOREST FINANCIAL GROUP, INC.

* 4c8
* 3A3

Woodforest Financial Group, Inc., The Woodlands, Texas, to acquire 100 percent of Olympic Savings, SSB, Refugio, Texas, a state savings bank. Upon consummation of the proposed acquisition, Woodforest will convert Olympic Bank into a federal savings bank and change its name to Woodforest Bank, FSB, Refugio, Texas. Applicant filed a 3(a)(3) to acquire Olympic Bank, which will be a "bank" at the time of acquisition. Applicant filed an accompanying Section 4(c)(8) application to operate the target Bank as a "thrift", pursuant to Section 225.28(b)(4)(ii) of Regulation Y, following its conversion to a federal savings bank.

Newspaper:	03/31/2007
Federal Register:	04/02/2007

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

District: 11 Federal Reserve Bank of: Dallas

Filings received during the week ending March 10, 2007

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 11
Federal Reserve Bank of: Dallas