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 September 1, 2018

Filer Filing Type Filing Proposal End of Comment Period
COLUMBUS BANCORP, INC. CIC Retroactive notice of change in control by Karl E. Hill and the Hill S-Corporation Family Exempt Trust, both of Columbus, Texas, to retain and control 25 percent or more of the shares and thereby control Columbus Bancorp, Inc., which controls The First State Bank, both located in Columbus, Texas; retroactive notice by Hill S-Corporation Family Exempt Trust and the Hill S-Corporation Family Nonexempt Trust, both of Columbus, Texas, to join the 'Hill Group' previously cleared in 1991 as a group acting in concert in context of an application under Section 3 of the Bank Holding Company Act, and for the Hill Group to retain control of 25 percent or more of the outstanding shares of voting common stock and thereby control of Columbus Bancorp, Inc.
Newspaper: Not available
Federal Register: 09/18/2018
COMERICA BANK * Branch Application by Comerica Bank, Dallas, Texas, to establish a branch at 1713 FM 685, Suite 170, Pflugerville, Texas 78660
Newspaper: 09/01/2018
Federal Register: Not applicable
COMERICA BANK PWI Notice by Comerica Bank, Dallas, Texas, to make a Community Development and Public Welfare Investment.
Newspaper: Not applicable
Federal Register: Not applicable
JONESBORO BANCSHARES, INC. * 3A1 Application by Jonesboro Bancshares, Inc., Jonesboro, Louisiana, to become a bank holding company through the acquisition of Jonesboro State Bank, Jonesboro, Louisiana.
Newspaper: 09/08/2018
Federal Register: 09/19/2018
SPIRIT OF TEXAS BANCSHARES, INC. * 3A5 Application by Spirit of Texas Bancshares, Inc., Conroe, Texas, to acquire 100 percent of Comanche National Corporation, Comanche, Texas, and indirectly, Comanche National Corporation of Delaware, Wilmington, Delaware, and The Comanche National Bank, Comanche, Texas.
Newspaper: Not available
Federal Register: Not available
TEXAS REGIONAL BANK * Branch Application by Texas Regional Bank, Harlingen, Texas, to establish a branch at 1213 Ranch Road 620 South, Austin, Texas 78734.
Newspaper: 09/04/2018
Federal Register: Not applicable
WOODFOREST FINANCIAL GROUP EMPLOYEE STOCK OWNERSHIP PLAN (WITH 401(K) PROVISIONS) (AMENDED AND RESTATED EFF. 03/01/06) * 3A3 Application by Woodforest Financial Group Employee Stock Ownership Plan (with 401(k) Provisions) (Amended and Restated Effective March 1, 2006) and the related Woodforest Financial Group Employee Stock Ownership Trust, The Woodlands, Texas, collectively the Applicant, to acquire up to 28 percent of Woodforest Financial Group, Inc., The Woodlands, Texas, and indirectly acquire Woodforest National Bank, Houston, Texas.
Newspaper: 09/14/2018
Federal Register: 09/18/2018


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
LEGACYTEXAS BK, PLANO, TEXAS 878898 06/20/2016 08/26/2018 O Large Bank


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