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 30, 2009

Filer Filing Type Filing Proposal End of Comment Period
BANKCAP PARTNERS FUND I, L.P. * 3A1
* 3A3
BankCap Partners Fund I, L.P., Dallas, Texas; BankCap Partners GP, LP, Dallas, Texas; and BankCap Equity Fund, LLC, Dallas, Texas, to acquire First Bankshares, Inc., Suffolk, Virginia, and indirectly acquire SuffolkFirst Bank, Suffolk, Virginia. BCP Fund I Virginia Holdings, LLC, Dallas, Texas, to become a bank holding company by acquiring First Bankshares, Inc., Suffolk, Virginia, and indirectly aquire SuffolkFirst Bank, Suffolk, Virginia.
Newspaper: 06/21/2009
Federal Register: Not available
FIRST GRAYSON BANCSHARES, INC. EMPLOYEE'S STOCK OWNERSHIP TRUST * 3A5 First Grayson Bancshares, Inc., Employee Stock Ownership Plan and Trust and First Grayson Bancshares, Inc., both in McGregor, Texas, to acquire The Roxton Corporation Employee Stock Ownership Plan and Trust, McGregor, Texas, and indirectly acquire through merger The Roxton Corporation, McGregor, Texas, and The First Bank, Roxton, Texas, Roxton, Texas.
Newspaper: 06/15/2009
Federal Register: 06/12/2009
PAINT ROCK BANCSHARES, INC. * 3A1 Paint Rock Bancshares, Inc., Paint Rock, Texas, to become a bank holding company by acquiring First State Bank, Paint Rock, Texas.
Newspaper: Not available
Federal Register: Not available


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