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 March 5, 2022

Filer Filing Type Filing Proposal End of Comment Period
AMERICAN STATE BANK * Branch American State Bank, Arp, Texas, to establish a branch at 1700 N. Loop 336 West, Conroe, Texas 77304
Newspaper: Not available
Federal Register: Not applicable
AUSTIN COLONY, INC. CIC Prior Notice under the Change in Bank Control Act ("CIBCA") filed by Baker Management Trust, Sheri Barnhart, as trustee, with respect to Austin Colony, Inc. ("Company"), and indirectly, First National Bank ("Bank"), all of Lake Jackson, Texas, to acquire greater than 10 percent of the outstanding voting shares of Company, and to join the H.L. Baker, Jr. Family Group, a group acting in concert ("Control Group"). Additionally, Sheri Barnhart, individually and as trustee, Lake Jackson, Texas, provided notification to acquire greater than 25 percent of the outstanding voting shares of Company and become the single largest shareholder of Company and indirectly Bank.
Newspaper: Not available
Federal Register: Not available
COMERICA BANK PWI Comerica Bank, Dallas, Texas, seeks prior approval to make a Community Development and Public Welfare Investment into CEN-TEX CDC, dba Business and Community Lenders of Texas ("BCL of Texas")
Newspaper: Not applicable
Federal Register: Not applicable
FIRST CITIZENS BANCSHARES, INC. CIC Marvin Edward Singleton, IV, individually, and the MES 2022 Trust (Marvin Edward Singleton, IV as trustee), both of Waxahachie, Texas, to join the Marvin Edward Singleton, III Family Control Group, a group acting in concert, and acquire voting shares of First Citizens Bancshares, Inc., and thereby indirectly control Citizens National Bank of Texas, both of Waxahachie, Texas.
Newspaper: 03/22/2022
Federal Register: 03/16/2022


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 Quarter
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